Latest / Yaron Brook Show / Charlie Kirk & Israel, Gold @ $4000, Illegals & CBS Lies —What’s Really Going On? | Yaron Brook Show
Transcript
- 0:02Speaker 1: A lot of them, flows of Fido, last little interest,
- 0:09Speaker 1: and any individual loss. This is the show. Oh right, everybody,
- 0:20Speaker 1: welcome to you Rue Book Show on this Wednesday, October eighth.
- 0:25Speaker 1: I hope everybody is having a fantastic week. All right.
- 0:32Speaker 1: I just actually got off a interview with Dave Rubin,
- 0:36Speaker 1: having been on Dave Rubin's show in uh several years,
- 0:41Speaker 1: and I think I I think I geologically we've drifted
- 0:45Speaker 1: apart quite a bit. Some of that came out in
- 0:48Speaker 1: the interview. Quite a bit of it came out in
- 0:49Speaker 1: an interview. It'd be interesting, so that that'll probably drop
- 0:53Speaker 1: late in the month probably, I think, he said October
- 0:56Speaker 1: twenty eighth, So towards the end of the month, you'll
- 0:58Speaker 1: be able to see that interview. I hope you check
- 1:01Speaker 1: it out and tune in, comment and do all the
- 1:04Speaker 1: things that need to be done in order to elevate
- 1:08Speaker 1: it and have him invite me back. All right, let's
- 1:14Speaker 1: see we have Yeah, let's just jump in. Let's just
- 1:19Speaker 1: jump in with news for today. Before we get to
- 1:24Speaker 1: the Charlie Cooks story in Israel, I do want to
- 1:28Speaker 1: just give an update. I mean, there's these negotiations that
- 1:31Speaker 1: happening in Egypt right now. And I think I was
- 1:35Speaker 1: pretty negative about them yesterday, but reports coming out of
- 1:38Speaker 1: the negotiating a fairly positive in a sense that Israel
- 1:44Speaker 1: there is a optimistic They seem to be optimistic, cautiously optimistic,
- 1:50Speaker 1: that they will be a deal done this week, that
- 1:54Speaker 1: hostages will be released next week, That Israel will not
- 2:00Speaker 1: retreat from the entire Gaza strip, it will maintain control
- 2:04Speaker 1: over fifty percent of it. It will basically have encircled
- 2:09Speaker 1: all of the places where Ramas will still be around.
- 2:14Speaker 1: You know, who knows, Maybe maybe this all something good
- 2:19Speaker 1: will come of this deal after all. At the very least,
- 2:23Speaker 1: let's hope that the twenty live hostagees are released and
- 2:27Speaker 1: then after that we can quibble about the rest. But yeah,
- 2:33Speaker 1: if they're released. Of course, is also believe releasing a
- 2:35Speaker 1: bunch of hundreds of terrorists, but at least they will
- 2:39Speaker 1: get they will get their people back, and it sounds
- 2:42Speaker 1: like not give up too much of a strategic position
- 2:45Speaker 1: in Gaza. As the rest of the deal is implemented,
- 2:49Speaker 1: the disarming of Ramas and the imposition of an interim administration,
- 2:59Speaker 1: plus the entry of an international some kind of international force.
- 3:05Speaker 1: There's never been in the Middle East. An international peacekeeping
- 3:08Speaker 1: force that has been very effective that I can think of.
- 3:13Speaker 1: I can't think of any the ones in southern Lebanon
- 3:15Speaker 1: and being pathetic ones in a sin ideas that have
- 3:17Speaker 1: been pathetic. So I'm not sure how good this international
- 3:21Speaker 1: peace keeping force will be, but you know, we'll give
- 3:24Speaker 1: it a chance. We'll see how it develops. We'll see
- 3:26Speaker 1: what happens. But it does look like people expressing themselves
- 3:31Speaker 1: positively coming out of the I guess first day, first
- 3:37Speaker 1: couple of days, first day of negotiations there, it's all
- 3:41Speaker 1: that who's who in the Middle East is down there, right.
- 3:43Speaker 1: You've got you've got seeing people from Turki and Kata
- 3:46Speaker 1: Kata prime minister, and you've got Yuei people. You've got
- 3:51Speaker 1: of course Americans, You've got the Israelis, you've got the Ramas,
- 3:54Speaker 1: you've got Egyptians and then uh h h putting out
- 4:02Speaker 1: the wood. We'll see, we'll see how it all goes.
- 4:07Speaker 1: Let's see, all right, there's this a news story about
- 4:14Speaker 1: Charlie Coke and that Candice owner has made a big
- 4:18Speaker 1: deal about and candas as much as I keep showing
- 4:21Speaker 1: you clips where she's like nuts and completely insane and
- 4:25Speaker 1: completely a wacko. People, massive numbers of people are following her,
- 4:29Speaker 1: and she is incredibly influential and people pay attention to
- 4:32Speaker 1: what she says, and and it's like everybody's like, oh,
- 4:35Speaker 1: Candace says, but as if she's a legitimate voice. But so, anyway,
- 4:40Speaker 1: Candace has been on this thing about Charlie Coke was
- 4:43Speaker 1: really killed, not by this kid that they arrested, but
- 4:46Speaker 1: he's really killed by these Raelis. And he was killed
- 4:49Speaker 1: by the Israelis because Charlie was pivoting a turning point
- 4:53Speaker 1: usay away from Israel. He was becoming more anti Israel,
- 4:57Speaker 1: and that's why these Raelies had him kill or the
- 5:01Speaker 1: Jews in America had him killed, or somebody like that
- 5:03Speaker 1: had him killed. Anyway, that's the story Candice is pitching.
- 5:07Speaker 1: And the other day, I guess the day before yesterday,
- 5:10Speaker 1: she had a text messages from Charlie because everybody's saying, look,
- 5:14Speaker 1: but Charlie was unbelievably pro Israel, and they brought us
- 5:18Speaker 1: this letter he wrote to NITANIAO, and they made a
- 5:20Speaker 1: big deal out of how pro Israel Charlie Coke really was.
- 5:24Speaker 1: And so she as this text message that somebody gave
- 5:28Speaker 1: her a text conversation between a number of different people
- 5:34Speaker 1: in Charlie about his the fact that Charlie had just
- 5:39Speaker 1: lost I guess, a two million dollar donation from a
- 5:42Speaker 1: Jewish donor who was insisting that Charlie Cooke disinvite techer
- 5:48Speaker 1: Causon from the Turning Point USA conference and insisting that
- 5:53Speaker 1: Charlie condemned kind of the anti semitism of Tucker Cosson.
- 5:58Speaker 1: And basically Charlie Cooke was saying, no, I won't do it,
- 6:01Speaker 1: and I'm not going to do it, and he was
- 6:04Speaker 1: suggesting that he was going to be less pro Israel
- 6:08Speaker 1: in the future, that he was stepping back, that all
- 6:11Speaker 1: this pressure was ridiculous, and and so on. And initially
- 6:19Speaker 1: when she came out of this, a lot of people said, oh, fake,
- 6:22Speaker 1: this is fake, this is all made up. But Turning
- 6:24Speaker 1: Point USA is actually confirmed that these text messages are
- 6:28Speaker 1: actually real, and that Charlie Cooke indeed did say all this,
- 6:32Speaker 1: He did lose the contribution from the Jewish donor, and
- 6:37Speaker 1: was indeed moving to distance himself somewhat from the kind
- 6:42Speaker 1: of pro Israel perspective, lobby whatever you want to call him. No, no,
- 6:49Speaker 1: It's a bit of a far reach to go from
- 6:51Speaker 1: there to the mossade kill him with zero evidence. But
- 6:56Speaker 1: you know, Owen is Candice Owen will take whatever victory
- 7:00Speaker 1: who she can get, and she will pat herself on
- 7:02Speaker 1: the shoulder and show see, I was right. I was right.
- 7:05Speaker 1: But but here's the interesting thing I think about all
- 7:08Speaker 1: of this, and that is, I mean, this shows I
- 7:14Speaker 1: think the extent to which Charlie was uh had been
- 7:20Speaker 1: was was corrupt by the notion of a big tent.
- 7:24Speaker 1: And and this is true of the of the right.
- 7:26Speaker 1: More more broadly, the fact is that in spite of
- 7:32Speaker 1: the fact that Tucker Cousin is not crazy and conspiratorial
- 7:38Speaker 1: and clearly antisemitic uh and affluting with with Holocaust denial
- 7:43Speaker 1: and pro Nazi sympathies and all of this stuff, and
- 7:47Speaker 1: Candice is is even beyond that. In spite of all
- 7:49Speaker 1: of that, the reality is that the right, the American right,
- 7:53Speaker 1: has not you know, flushed them out, has not rejected them,
- 8:00Speaker 1: has not turned their back on them. That they have
- 8:05Speaker 1: big enough audiences and enough support within the right, the
- 8:10Speaker 1: American right, that leading figures in the American right, including
- 8:14Speaker 1: Charlie Cook and the other people who appeared on stage
- 8:17Speaker 1: at the Turning Point USA conference did not feel embarrassed
- 8:21Speaker 1: or did not feel like they were it was problematic
- 8:24Speaker 1: for them to be sanctioning Tecker CAUSA. And indeed, many
- 8:30Speaker 1: of these people, including many politicians, are happy to go
- 8:33Speaker 1: on Tucker Cousin's show and and and use his platform.
- 8:39Speaker 1: I mean, maybe a little bit more reluctant with with
- 8:42Speaker 1: with caniss On, but even Canison is not being shunned.
- 8:47Speaker 1: They are part of the right. They are part of
- 8:50Speaker 1: this movement, and that is that you tell you what
- 9:00Speaker 1: you need to know about the right. And a lot
- 9:02Speaker 1: of them will say, yeah, I disagree with techer Calson. Yeah, yeah,
- 9:05Speaker 1: I used to turn antisemitic. It's inappropriate, it's not good.
- 9:09Speaker 1: But I'm not gonna I'm not gonna say anything negative
- 9:13Speaker 1: about him. I'm not gonna go after him, and I'm
- 9:15Speaker 1: not gonna de platform him, and I'm not gonna not
- 9:18Speaker 1: go in his platform. And you know, I'm not gonna
- 9:21Speaker 1: do anything about it. I'm going to sanction him. And
- 9:26Speaker 1: when you sanction a somebody who's become a monster like
- 9:32Speaker 1: a Techer Callson, you are responsible for the consequence of that,
- 9:35Speaker 1: for the consequence of promoting this kind of ideology and
- 9:39Speaker 1: the direction that the right has taken as a consequence
- 9:42Speaker 1: of that. So the modern right, the Maga right, but
- 9:49Speaker 1: it's it's I think one of the mega completely embraces
- 9:54Speaker 1: the Techer cults of the world. They embrace the Candice
- 9:58Speaker 1: Owens of the world. Anti Semitism is just part of
- 10:02Speaker 1: their agenda. And yeah, okay, we you know, some on
- 10:06Speaker 1: the right will distance themselves, don't want to be associated
- 10:08Speaker 1: too much, but not so much as to deplatform them
- 10:13Speaker 1: or reject them. They want the big umbrella. They want
- 10:19Speaker 1: the big tent. And from my perspective, when evaluating the right,
- 10:27Speaker 1: when evaluating a turning point, and one of part of
- 10:32Speaker 1: the evaluation is who do they who do they invite
- 10:34Speaker 1: to speak? Who are the people who speak at their conferences?
- 10:37Speaker 1: Who are the people are part of their big tent?
- 10:41Speaker 1: And given the tech of calls and is part of
- 10:43Speaker 1: that tent when I ask they evaluate and one should
- 10:46Speaker 1: judge right, I'm big on judging. Judge, judge, judge. I'm
- 10:51Speaker 1: very judgmental. You should be very judgmental to your life,
- 10:56Speaker 1: your values, your future. And the right is really really,
- 11:05Speaker 1: really bad and I'm glad that. I don't have a
- 11:08Speaker 1: lot of people on my chat anymore saying you're on
- 11:11Speaker 1: we need to be friends with the right, we need
- 11:13Speaker 1: to be friendly with these people, we need to associate
- 11:15Speaker 1: with them, we need all this stuff. No, no, we don't.
- 11:22Speaker 1: We're different. We don't associate with antisemitic you know, freaks
- 11:29Speaker 1: who think demons are scratching them in the end of
- 11:32Speaker 1: the Night Oho demons invented nuclear weapons. I think Tucker
- 11:37Speaker 1: Coulson believes that we don't associate with complete nutcases, have
- 11:47Speaker 1: nothing to do with them. I don't want to be
- 11:49Speaker 1: in that tent. Talk about big tents. I just noticed
- 11:54Speaker 1: a photo in an x on Twitter of the Smith,
- 12:00Speaker 1: Dave Smith, the libertarian Dave Smith. The meeting meeting with
- 12:05Speaker 1: Nick foyntis there's another great meeting of the minds or
- 12:09Speaker 1: the lack of And this is exactly it, right, this
- 12:14Speaker 1: is exactly who you'd expect to be teaming up, the antisemitic,
- 12:20Speaker 1: anti thinking, anti mind wing of I don't know the right,
- 12:26Speaker 1: call them the right, and we I anybody I represent
- 12:34Speaker 1: at least this show not part of that, not part
- 12:37Speaker 1: of that. We're not part of that. That those tents,
- 12:42Speaker 1: we're not part of any of those. Oh I like
- 12:47Speaker 1: that z Racer calls it meeting of the mindless. That's good.
- 12:50Speaker 1: Meeting of the mindless, that's good. So we don't belong
- 12:59Speaker 1: to that tenth. We don't want to be under that umbrella.
- 13:03Speaker 1: I'd rather stay small and principled, small and independent, small
- 13:11Speaker 1: and not sanctioned evil. Not sanctioned evil, because the reality
- 13:16Speaker 1: is I know, I understand enough of objectivism, enough of reality,
- 13:21Speaker 1: enough of life to know that the only party of
- 13:25Speaker 1: the benefits from associating with evil is evil. The any
- 13:29Speaker 1: party of the benefits of associated with the mindless are
- 13:32Speaker 1: the mindless. Any people who benefit from the associated with
- 13:35Speaker 1: the soulless are the soulless. We benefit nothing, We only lose.
- 13:44Speaker 1: So yeah, we're small. Yep, we don't have that much influence.
- 13:47Speaker 1: But associating with those creeps wouldn't give us influence anyway,
- 13:56Speaker 1: So yep, here we are anyway.
- 14:00Speaker 2: Yeah Cook, Charlie Cook would not denounce Tucker Carlson and
- 14:10Speaker 2: more of my disagreements.
- 14:12Speaker 1: With Charlie Cook and the reality of turning points us
- 14:20Speaker 1: say as a big tent that ultimately ultimately is going
- 14:26Speaker 1: to have bad outcomes, bad consequences. All right, let's see.
- 14:33Speaker 1: So I'll just add this for years, decades. Really, I've
- 14:40Speaker 1: been telling Israelis, don't count on those evangelicals. Beware, beware.
- 14:46Speaker 1: They're your friends right now, but they might not be
- 14:49Speaker 1: in the future. And they can shift on our whim,
- 14:52Speaker 1: because the whole philosophy is based on whim. Everything they
- 14:55Speaker 1: do is based on whim. They're religionists, their faith based religionists.
- 15:01Speaker 1: They support Israel because it's they interprets on passage in
- 15:05Speaker 1: some texts, some ancient texts, are suggesting this is what
- 15:08Speaker 1: they should do that can shift tomorrow. Israel is much
- 15:16Speaker 1: more isolated than it knows because it has a real
- 15:20Speaker 1: potential of losing the right, the evangelical right, the religious right.
- 15:26Speaker 1: By the way, one other thing that supposedly Charlie was
- 15:29Speaker 1: contemplating in his final days was converting to Catholicism, Catholicism
- 15:39Speaker 1: being the more intellectual side, if you will, of Christianity. Catholicism, uh,
- 15:47Speaker 1: giving Christianity more structure and more of an intellectual bent.
- 15:53Speaker 1: And so many, so many of the leaders of the
- 15:56Speaker 1: New Right, so many of the leaders of the New
- 15:59Speaker 1: Right our Catholics, and not born Catholics, but converts to Catholicism.
- 16:06Speaker 1: It's really interesting, really really really interesting. So I yesterday,
- 16:17Speaker 1: as we talked about yesterday, yesterday was the second anniversary
- 16:22Speaker 1: of October seventh, of the massacre, the just the horror
- 16:27Speaker 1: of the rape and pillage and everything else. It was yesterday,
- 16:37Speaker 1: and one of the most you know, horrific things that
- 16:41Speaker 1: was going on yesterday, literally yesterday was all the pro
- 16:46Speaker 1: Hamas demonstrations and protests out there. I mean really stunning
- 16:55Speaker 1: and shocking, not surprising, but shocking, massive protest in New
- 17:01Speaker 1: York City with a huge Palestinian flag, with large numbers
- 17:07Speaker 1: of people marching in New York City, not to condemn
- 17:17Speaker 1: the rape and the slaughter, but celebrated to show support
- 17:24Speaker 1: for perpetrators. I mean, imagine after two years, after nine eleven,
- 17:31Speaker 1: you would have marches in New York celebrating pro Taliban
- 17:35Speaker 1: po Kaida marches pro the dropping of the Twin Towers,
- 17:43Speaker 1: and you had this in New York. You had at
- 17:46Speaker 1: a number of universities. I saw another one outside of
- 17:54Speaker 1: King's College, London. You know, this is the place where
- 17:58Speaker 1: I was attacked by TIFA and the Palestinians when I
- 18:01Speaker 1: spoke there and they won't let me back on campus.
- 18:03Speaker 1: I can't go speaking college anymore because somehow I'm at
- 18:07Speaker 1: fault for the fact that I was attacked anyway, Key's College,
- 18:13Speaker 1: October seventh. I mean college students, university students in the
- 18:22Speaker 1: West celebrating murder and rape. I mean, this is kind
- 18:30Speaker 1: of new, This is kind of new, and I don't
- 18:37Speaker 1: know how you even deal with this. How do you
- 18:40Speaker 1: even deal with this? There is no will in the
- 18:44Speaker 1: West to confront Islam. There's no will in the West
- 18:49Speaker 1: to confront these people. I mean, if we dealt with
- 18:53Speaker 1: nine to eleven properly, Saponi Kamas would be an active
- 18:57Speaker 1: treason because Tramas would be late well it explicitly as
- 19:01Speaker 1: an enemy of the United States. But you know, we
- 19:05Speaker 1: never dealt with it properly. Still don't deal with it properly.
- 19:10Speaker 1: Still don't identify Hamas as a Islamist organization, as a
- 19:15Speaker 1: basically religious organization, as an organization motivated by an Islamist religion.
- 19:22Speaker 1: We don't blame Islam for this enough. There's a pole,
- 19:33Speaker 1: Harvard Harris's pole that came out today shows that half
- 19:40Speaker 1: of a gen Z in the United States, half of
- 19:44Speaker 1: gen Z in the United States support Hamas over Israel.
- 19:49Speaker 1: Millennials support Hamas over Israel, almost all of them. Young
- 19:58Speaker 1: people oppose the peace plan now because it's Israel. We'll
- 20:03Speaker 1: have to compromise too much, believe me, not for that reason.
- 20:08Speaker 1: A huge number of gen Z and millennials oppose Hamas
- 20:13Speaker 1: releasing the hostages. I mean, think of the inhumanity of
- 20:20Speaker 1: just the sheer evil of these people. This is true,
- 20:29Speaker 1: by the way, and in Canada as well. I don't
- 20:33Speaker 1: I haven't seen polls in Europe, but I suspect it's
- 20:36Speaker 1: not that different in Europe as well. I mean, this
- 20:37Speaker 1: is really disgusting. Half of students at our universities Hamas supporters,
- 20:47Speaker 1: and having seen the videos coming out of October seventh,
- 20:51Speaker 1: because you can't avoid them everywhere online, this tells HAMA
- 20:55Speaker 1: supporters talk about nihilism. That is true that most voters
- 21:02Speaker 1: continue support Israel over Hamas and think comes should release hostages.
- 21:09Speaker 1: That's because most voters are most people of you know,
- 21:13Speaker 1: non gen Zs and millennials or non gen Zas, but
- 21:18Speaker 1: you know, almost half of them. It's it's pretty scary.
- 21:27Speaker 1: It's pretty scary, all right. That's where we are in
- 21:38Speaker 1: terms of October seventh and in terms of Israel, all right,
- 21:45Speaker 1: I want to say something about illegal immigrants and ice
- 21:49Speaker 1: and all of this. I mean, I get a lot
- 21:51Speaker 1: of people saying should in favor of illegal immigration. You're
- 21:54Speaker 1: you're in favor of of of not depoting them, and
- 21:58Speaker 1: you know, surprise priest, And I'm in favor of anybody
- 22:06Speaker 1: who comes to this country and works. I am in
- 22:11Speaker 1: favor of people being left alone if they are, if
- 22:20Speaker 1: they are not criminals. I believe in the government staying
- 22:25Speaker 1: away from businesses and the business of telling businesses who
- 22:30Speaker 1: they should employ and who they shouldn't. I don't care
- 22:35Speaker 1: if you're here illegally. I don't consider immigration law that important.
- 22:43Speaker 1: It's okay, a law, you broke it, Okay, slap on
- 22:46Speaker 1: the wrist, big deal. I you know, I often say
- 22:56Speaker 1: I'm an illegal driver. I break the law because I speed.
- 23:01Speaker 1: I sometimes even park in places where you're not supposed
- 23:05Speaker 1: to park. And okay, I accept the fact that if
- 23:11Speaker 1: a cop finds me, and they often do, I'll get
- 23:15Speaker 1: a fine and I'll get the slap on the wrist.
- 23:20Speaker 1: Immigration law is not a law where there's a victim.
- 23:25Speaker 1: If you violate the law, you haven't violated anybody's rights,
- 23:31Speaker 1: I'm not I don't get excited about laws where there's
- 23:34Speaker 1: no victim. Laws should be to protect rights. If rights
- 23:40Speaker 1: are not being violated, why do you care. I don't
- 23:46Speaker 1: care if you cross the border illegally. Now, if you're
- 23:50Speaker 1: a gang member, go to jail, throw away the key.
- 23:55Speaker 1: If you're committing you know, crimes, there are victims, rights
- 24:02Speaker 1: are being violated. Throw them in jail, or deport them
- 24:06Speaker 1: or whatever. They put them down the antarctica. As far
- 24:09Speaker 1: as I'm concerned, throwing the key. But if you cross
- 24:16Speaker 1: the bat because you're trying to make a better life
- 24:18Speaker 1: for yourself and your family and your kids and your
- 24:22Speaker 1: then you know there's a sense in which you're a hero.
- 24:27Speaker 1: What is more noble? What is more courageous than taking
- 24:33Speaker 1: on real risk and and and being willing to go
- 24:39Speaker 1: against the crowd in order to make your life better,
- 24:46Speaker 1: in order to improve your life, to improve the opportunities,
- 24:51Speaker 1: remb opportunities for your kids. So these are not bad guys,
- 25:04Speaker 1: they're not bad people. They're now all criminals that are
- 25:08Speaker 1: rounded up and put in detention facilities and then many
- 25:13Speaker 1: of them deported back to the hell hose, from which
- 25:16Speaker 1: they came, which is a massive injustice, massive injustice. So yeah,
- 25:33Speaker 1: you know, I'm much more on the side of the
- 25:37Speaker 1: illegal immigrants that I am on ICE. Who are these
- 25:40Speaker 1: ICE thugs the government cops embolded by a police state
- 25:49Speaker 1: to go roam around looking for suspicious people who might
- 25:55Speaker 1: be here illegally because none of us where are illegal? Badge?
- 25:59Speaker 1: And how forehead? I mean I just saw a senior
- 26:05Speaker 1: person at ICE saying, yeah, we look for things like,
- 26:09Speaker 1: are you nervous around you know, ICE offices? When you're
- 26:15Speaker 1: driving and you see an ICE vehicle, does your grip
- 26:20Speaker 1: on the steaming role get really tight? Do you go white?
- 26:25Speaker 1: Do you sweat? Are you afraid? And that's enough? That
- 26:30Speaker 1: is enough for them to stop you sometimes to take
- 26:36Speaker 1: your window and drag you out of your car. I mean,
- 26:41Speaker 1: that's not the rule of law. That is a disgrace.
- 26:48Speaker 1: That is giving goverment. Aren't we believers in limited government
- 26:52Speaker 1: and and government that has a few powers. That is
- 26:55Speaker 1: giving government so much power, the power to stop anybody
- 27:00Speaker 1: they think look suspicious. Who gets nervous around cops? I
- 27:08Speaker 1: mean I would get nervous around ICE. They're fully armed,
- 27:13Speaker 1: you know, they look intimidating the big guys. They're wearing masks.
- 27:20Speaker 1: I don't like being around people who are wearing masks,
- 27:23Speaker 1: particularly if they've got guns. So yeah, I think ice
- 27:34Speaker 1: is the enemy, not a friends. I am anti police states.
- 27:42Speaker 1: I'm anti giving the police huge amount of power, for example,
- 27:45Speaker 1: to stop anybody they feel is suspicious. I mean, I
- 27:52Speaker 1: want to go after gang members, want to go after criminals,
- 27:54Speaker 1: go for even then you need some reasonable reason to search,
- 28:05Speaker 1: disease to rest, to interrogate. I mean typically cops have warmants.
- 28:15Speaker 1: They can't just drag you away. I mean, I don't
- 28:19Speaker 1: understand what country we live in A van and on
- 28:25Speaker 1: mark van can stop and people can jump out of
- 28:27Speaker 1: the van and drag you into the van and shoe
- 28:30Speaker 1: you away, flash and badges. I mean, that's not America.
- 28:36Speaker 1: That's not a country of the rule of law. So
- 28:50Speaker 1: reasonable suspicion, there is no such thing. Get a womant. So,
- 29:00Speaker 1: I mean, if they want, they can find find everybody
- 29:03Speaker 1: they want to go after people who work, find everybody
- 29:05Speaker 1: who's got who's using a fakes or security number, and
- 29:09Speaker 1: track them down and arrested. That's not what they're doing.
- 29:12Speaker 1: They're just going to work places and assuming I mean
- 29:18Speaker 1: the extent to which what is going on in American
- 29:20Speaker 1: streets today, in post London, Chicago and LA and other places,
- 29:24Speaker 1: the evil that ICE represents is hard for me to
- 29:28Speaker 1: articulate the extent to which it is evil. It is wrong,
- 29:33Speaker 1: it is bad. And I'm not even talking about the
- 29:39Speaker 1: American citizens that they accidentally kidnap, or the or the
- 29:43Speaker 1: legal residents, the legal immigrants that they accidentally kidnap, just
- 29:50Speaker 1: the whole notion of these roaming bands of police. And
- 29:58Speaker 1: again I I do not accept, do not accept, and
- 30:03Speaker 1: I don't care the threats that they get. I do
- 30:06Speaker 1: not accept it. In a civilized country, police should ever
- 30:12Speaker 1: wear masks. The face of law enforcement should always be visible.
- 30:23Speaker 1: So anyway, that's my position on ICE. I just wanted
- 30:28Speaker 1: to make sure nobody was confused and my position in
- 30:33Speaker 1: illegal immigrants, as if I haven't said enough over the
- 30:37Speaker 1: many many years I've talked about this about it, but
- 30:40Speaker 1: there are a lot of new people. I want it
- 30:42Speaker 1: to be clear. I don't resent illegal immigrants, don't have
- 30:46Speaker 1: any problem with illegal immigrants if they're not criminals. Welcome
- 30:54Speaker 1: now Trump, of course, in order to protect his precious Ice,
- 30:59Speaker 1: because they can't protect themselves obviously wants to send in
- 31:03Speaker 1: the military, the National God in order to do that,
- 31:07Speaker 1: we now have Texas National Gods in Illinois, and as
- 31:14Speaker 1: well as nationalizing the Illinois National Guard and then deploying
- 31:18Speaker 1: it to the streets of Chicago. Again, this is not
- 31:22Speaker 1: They're not there to stop crime. They're there to protect
- 31:26Speaker 1: ice from being harassed by people who don't like them.
- 31:37Speaker 1: So we're sending National Guard from one state into a
- 31:41Speaker 1: different state against the wishes of the governor of the state.
- 31:47Speaker 1: Something very wrong about all of that. Very wrong. I mean,
- 31:53Speaker 1: pitting states against states. I mean it really is again
- 31:58Speaker 1: an American despicable against federalism. The whole idea of federalism
- 32:05Speaker 1: really is bad. And then you know Pritsko who's the
- 32:08Speaker 1: governor of Illinois, and Johnson who's the mayor. And I
- 32:11Speaker 1: have no sympathy for Mayor Johnson, who is a nutty leftist, horrible,
- 32:16Speaker 1: evil bastard who you know, just as making Chicago worse
- 32:22Speaker 1: and worse. Of course, Pittska is just a standard corrupt
- 32:26Speaker 1: Illinois Illinois governor. He might not be as corrupt as
- 32:30Speaker 1: previous one because he's already rich. He's corupted intellectually for sure.
- 32:34Speaker 1: So I have no sympathy for either one of these guys.
- 32:36Speaker 1: But there is this thing they don't want. They don't
- 32:38Speaker 1: want National Guard in this stage. So Trump suggested they
- 32:42Speaker 1: should both go to jail. They should both be in jail.
- 32:48Speaker 1: That's the rhetoric, you know, And this is this is
- 32:58Speaker 1: the elevation and the the the the you know, constant
- 33:03Speaker 1: constant playing on this theme, which is you need to
- 33:10Speaker 1: arrest of political enemies. We need to put them down,
- 33:14Speaker 1: we need to shut them, shut them off. This is
- 33:18Speaker 1: this is like a wall, you know, in in Texas.
- 33:26Speaker 1: The Attorney General in Texas is just to release a
- 33:30Speaker 1: letter he says, I'm launching undercover operations to infiltrate and
- 33:36Speaker 1: uproot leftist terrorst cells in Texas. Leftist political terrorism is
- 33:43Speaker 1: a clear and present danger. They can be no compromise
- 33:47Speaker 1: with those who one is dead. Now, who are these
- 33:50Speaker 1: leftist terror cells? I mean a leftist killed Charlie Cook.
- 33:55Speaker 1: And I think it's it's highly likely that the guy
- 33:59Speaker 1: who killed Charlie Cook was motivated by a leftist ideology.
- 34:03Speaker 1: We'll see part of a leftist terraceell We've seen no
- 34:08Speaker 1: evidence of that, no rumors of that, no leaked info
- 34:13Speaker 1: on that. You'd think that if there was such a thing,
- 34:16Speaker 1: it would be all over the place. The rhetoric on
- 34:28Speaker 1: the Republican side, they're going to war and that's what
- 34:32Speaker 1: they want. They want to go to war. They want
- 34:37Speaker 1: to go to war with the left. And you know
- 34:47Speaker 1: the existence of leftist violent terra cells, I mean, Antifa exists.
- 34:54Speaker 1: I know because they attacked me, so I know they exist.
- 34:57Speaker 1: So the story that the left has there's no such
- 34:58Speaker 1: thing as antifa as bs, but attivas Pamelli in university
- 35:05Speaker 1: towns is primarily focused on the university is it's mostly
- 35:08Speaker 1: pretty much amateur hour. These are not sophisticated terrorist cells.
- 35:16Speaker 1: To the extent that they're violent, they should be shut
- 35:17Speaker 1: down and they should suffer the consequence of engaging in violence.
- 35:25Speaker 1: But my suspicion is that Ken Paxton, the Attorney General
- 35:27Speaker 1: of Texas, is much more likely to use all this
- 35:31Speaker 1: to go after these political opponents, whoever they may be,
- 35:35Speaker 1: and to shut them down. And generally, what we're seeing
- 35:39Speaker 1: is a general attitude among the right right now to
- 35:45Speaker 1: try to silence their political opposition, intimidate them, marginalize them,
- 35:50Speaker 1: and silence them. So not engage in actually finding criminals,
- 36:02Speaker 1: people who are going to use violence, political violence, but
- 36:05Speaker 1: actually shutting them down because they have opinions you don't like,
- 36:13Speaker 1: which is what all this is. I mean, political violence
- 36:18Speaker 1: right now in the United States is a graph out
- 36:21Speaker 1: there is down. It's not that high suddenly, no ie near.
- 36:27Speaker 1: It was in the seventies up until this year, up
- 36:30Speaker 1: until twenty twenty five is dominated by right wing violence.
- 36:35Speaker 1: This year is dominated by the left wing violence, but
- 36:39Speaker 1: there's not that much of it. And yet the right
- 36:45Speaker 1: is flipping out and behaving like what they really want
- 36:52Speaker 1: to do is shut down political opposition, not violence, not
- 36:58Speaker 1: terror cells, real terrorists. I mean, did they do this
- 37:03Speaker 1: with the with the Islamists who are really had to ourselves?
- 37:09Speaker 1: Where were they in those days? Now they're looking after
- 37:13Speaker 1: they're looking for cells that don't exist. So, yeah, there's
- 37:19Speaker 1: an ideological battle in America and there's a lot of
- 37:23Speaker 1: really evil people on the left on the ideological battle.
- 37:28Speaker 1: And what the right wants to do is skip over
- 37:31Speaker 1: the ideological battle part of it and just go right
- 37:34Speaker 1: for the jugular, just go right after them, and they
- 37:38Speaker 1: don't have to engage in political violence. They can just
- 37:42Speaker 1: engage in state violence against their opposition, and so many
- 37:49Speaker 1: will cheer them on because hey, as long as it's
- 37:52Speaker 1: against the left, we're all for it. So we talked
- 38:01Speaker 1: about we talked about CBS, Barry Weiss and the Free
- 38:09Speaker 1: Press being bought by Paramount and being integrated into CBS,
- 38:16Speaker 1: and of course Barry Weiss is going to take this
- 38:19Speaker 1: leadership position within the news organization at CBS. Well, you
- 38:25Speaker 1: can imagine that the people at CBS are not very happy.
- 38:30Speaker 1: I mean, here they are in the mainstream media positions.
- 38:33Speaker 1: They've been leftists their entire lives. The network has been
- 38:38Speaker 1: leftist for decades and decades and decades. I don't think
- 38:43Speaker 1: it's ever been non leftist. And suddenly new ownership that,
- 38:48Speaker 1: by the way, supposedly promised them no real big changes,
- 38:53Speaker 1: motivated by politics, they say. And now suddenly they have Arry,
- 39:00Speaker 1: who they consider, crazily enough, somebody away on the right,
- 39:07Speaker 1: as they boss, clearly coming in with an agenda. She
- 39:11Speaker 1: had ten points, and they are pissed off. They are
- 39:18Speaker 1: very upset. They are very upset. They're complaining that Barry
- 39:24Speaker 1: has zero news experience free Press. She built something out
- 39:29Speaker 1: of nothing, She created that experience. They are, you know,
- 39:38Speaker 1: they're accusing her of being somebody who puts out propaganda. Yeah,
- 39:44Speaker 1: talk about who puts that propaganda. So yeah, I mean
- 39:52Speaker 1: the people over there are not taking this lightly. They
- 39:55Speaker 1: are freaking out. They're upset, and it'll be interesting to
- 40:04Speaker 1: see how many people actually ultimately leave the network, right,
- 40:13Speaker 1: I mean, part of this that's going to affect them
- 40:17Speaker 1: immediately is barriers proiso. You know, most of these leftist
- 40:23Speaker 1: networks are poor Palestinian and the coverage reflects that. So
- 40:31Speaker 1: it'll be interesting to see how what kind of impact
- 40:34Speaker 1: she has on the coverage of the Middle East at CBS.
- 40:40Speaker 1: And then I expect that if they don't quit in masks,
- 40:42Speaker 1: they will be significant layoffs at CBS. I mean, the
- 40:47Speaker 1: status quo is gone. Things are being shaken up. This
- 40:53Speaker 1: is uh, this is not going to hold. You know,
- 40:57Speaker 1: CBS staff are worried about credibility. They have no credibility,
- 41:01Speaker 1: at least not by anybody objective. I hope they maintain
- 41:10Speaker 1: uh their reporting capabilities and the Barry beefs that up.
- 41:17Speaker 1: But remember Barry Weiss is, you know, probably on most
- 41:21Speaker 1: issues Sena sena left, maybe some issues center right, but
- 41:26Speaker 1: she's a she's not a crazy right wing on anything.
- 41:32Speaker 1: But they are so intolerant the left is at the
- 41:37Speaker 1: mainstream media that it Barry Weiss represents a threat to
- 41:41Speaker 1: everything they stand for. Yeah, flipping out, this is good.
- 41:46Speaker 1: I like it. I like them flipping out. All right,
- 41:53Speaker 1: let's talk a little bit about economics. We're living through
- 41:58Speaker 1: some really weird times. It's really if you look at
- 42:01Speaker 1: financial markets, it is very strange. I mean, gold just
- 42:08Speaker 1: cossed four thousand dollars an ounce for the first time ever.
- 42:14Speaker 1: Why why are people willing to buy gold at over
- 42:19Speaker 1: four thousand dollars an ounce. It's not because of inflation.
- 42:28Speaker 1: Gold has gone up way more than inflation over the
- 42:32Speaker 1: last few years, and suddenly, over the last nine months,
- 42:35Speaker 1: way more than inflation. Now supposely a lot of central
- 42:41Speaker 1: banks are buying gold instead of buying dollars. And indeed
- 42:45Speaker 1: the value of the dollar has gone down, which is,
- 42:49Speaker 1: if you remember, the opposite of what typically happens when
- 42:55Speaker 1: you raise tariffs. When you raise tariffs, the value of
- 42:59Speaker 1: your currency usually goes up. So the dollar has collapsed
- 43:06Speaker 1: since Trump got elected, the dollars down more than ten percent.
- 43:10Speaker 1: That's huge, and by the way, that's everything important. Being
- 43:15Speaker 1: more expensive for you, whether you have tariffs or not,
- 43:20Speaker 1: immediately more expensive by ten percent because your dollars are
- 43:22Speaker 1: buying less. So the dollar's gone down, that's part of it.
- 43:28Speaker 1: But the doll's gone down by ten percent versus other currencies.
- 43:34Speaker 1: But gold is up fifty two percent fifty Why part
- 43:44Speaker 1: of it's the dollar, part of its inflation. Those two related.
- 43:47Speaker 1: But what else is going on? And this is where
- 43:50Speaker 1: it gets really bizarre because I've always said gold is
- 43:53Speaker 1: really the hedge against the end of the world. But
- 43:57Speaker 1: if you look at the stock market, it doesn't look
- 43:59Speaker 1: at stockwok believes this end of the world. Stockwoke get's
- 44:02Speaker 1: doing gooat and you know it's up what fifteen percent
- 44:12Speaker 1: this year? There's INP five hundred. It was up twenty
- 44:16Speaker 1: five percent last year, was up twenty five percent a
- 44:18Speaker 1: year before that. I mean, the stock market is doing
- 44:21Speaker 1: phenomenally well. So what is gold protecting us against the
- 44:28Speaker 1: dollars not collapsing? Not yet? Gold is a leading indicator
- 44:34Speaker 1: of the dollar collapsing, of leading indicator of massive inflation
- 44:39Speaker 1: fifty two And why would the dollar collapse? And if
- 44:47Speaker 1: the dollar collapses, how's the stock markeet so high? That
- 44:50Speaker 1: doesn't make any sense. Inflation is much higher than reports, right, No,
- 45:01Speaker 1: I don't think inflation is high. Inflation is the reports
- 45:04Speaker 1: of inflation is pretty accurate. So I don't think the
- 45:09Speaker 1: inflation numbers are wacky. I don't. I think the dollar
- 45:15Speaker 1: the dollars down because people don't want to hold dollars
- 45:19Speaker 1: out there in the world because they don't trust this administration.
- 45:22Speaker 1: They have lost their appetite to invest in the United States.
- 45:26Speaker 1: They don't want to buy American US government bonds because
- 45:29Speaker 1: the government is out of control in terms of in
- 45:33Speaker 1: terms of debt, and people don't trust. They do not
- 45:41Speaker 1: trust this administration. AI productivity gains are not they don't
- 45:46Speaker 1: exist yet. A lot of promise but no productivity gains.
- 45:53Speaker 1: And AI productivity gains which suggest that dropping the price
- 45:55Speaker 1: of gold not an increase in the price of gold.
- 45:58Speaker 1: The dollars should become more valuable your productivity in the
- 46:04Speaker 1: United States because of AI skyrockets. So look, you know
- 46:10Speaker 1: you it's hard to explain markets. Markets do what they do,
- 46:13Speaker 1: and it's hard to explain investor behavior. But here's the
- 46:18Speaker 1: reality I think of what is what I think is
- 46:20Speaker 1: going on. People are worried about the global economy, they're
- 46:25Speaker 1: worried about the US economy, and they're expressing that wai
- 46:29Speaker 1: by buying gold. Gold is, you know, the the ultimate
- 46:35Speaker 1: hedge against end of the world. As I've said many times,
- 46:39Speaker 1: it protects you against inflation, but that's already priced. It
- 46:42Speaker 1: protects you against real chaos, and there's real possibility of
- 46:47Speaker 1: real chaos. I mean, we don't know what the Chinese
- 46:50Speaker 1: are planning for Taiwan and when that might happen, and
- 46:52Speaker 1: what the US might respond. We don't know what Putin
- 46:56Speaker 1: might do as it gets more desperate and as it
- 46:58Speaker 1: gets more conaed. We don't know what Trump is going
- 47:05Speaker 1: to do in the Western hemisphere and to what extent,
- 47:09Speaker 1: you know, his ongoing damaging of the US economy will continue.
- 47:14Speaker 1: People don't know, So they're buying gold as protection, and
- 47:23Speaker 1: they're willing to pay a lot of money for gold
- 47:25Speaker 1: because they don't think things are getting better. If anything,
- 47:29Speaker 1: they expect things to get was. At the same time,
- 47:35Speaker 1: people do not want to hold dollars. They don't want
- 47:37Speaker 1: to buy US denominated debt in particular, so a lot
- 47:42Speaker 1: of the money they would have used to buy dollars
- 47:45Speaker 1: and buy US debt, they're buying gold. Instead, and the
- 47:48Speaker 1: dollar is going down, And the reality is that the
- 47:52Speaker 1: dollar won't collapse because there's no alternative currency to buy
- 47:56Speaker 1: instead of the dollar. That is, what do you use?
- 47:59Speaker 1: If you don't use use the dollar, You're going to
- 48:00Speaker 1: use uo? Do you really trust the European Central Bank?
- 48:03Speaker 1: Are you going to use the yuwan? Do you trust
- 48:05Speaker 1: the Chinese? What are you going to use? If not
- 48:07Speaker 1: the dollar? So the dollar would go down more if
- 48:12Speaker 1: there was an alternative, but there's no alternative. Now, why
- 48:18Speaker 1: is the stock walking up? The Stockworkeert's up because the
- 48:21Speaker 1: companies in the stock market, particularly tech companies right now,
- 48:24Speaker 1: are apputting phenomenal earnings an amazing upside potential because of AI.
- 48:31Speaker 1: At the same time, everybody realizes that AI is a
- 48:34Speaker 1: massive bubble, that this is not sustainable, and it's not
- 48:39Speaker 1: clear that the investment in AI that is being done today,
- 48:42Speaker 1: the trillions of dollars flowing into AI, it's not clear
- 48:45Speaker 1: that they will ever earn a return on that money.
- 48:48Speaker 1: It's like the laying of the fiber optics in the
- 48:51Speaker 1: nineteen eighties and nineteen nineties, particularly nineties, it's like the
- 48:56Speaker 1: huge Internet bubble. Good things will come of it, but
- 48:59Speaker 1: we don't know who are the winners of who are
- 49:00Speaker 1: the losers. There will be a day of reckoning even
- 49:06Speaker 1: in the stock market because of this AI bubble. When
- 49:10Speaker 1: it happens, how it happens, what trigger is it, I
- 49:13Speaker 1: don't know, but it's coming, and some people are taking
- 49:19Speaker 1: defensive positions by buying gold. And remember, well, the use
- 49:25Speaker 1: economy is not doing well. The job creation is non existent.
- 49:31Speaker 1: The manufacturing sector in the United States is shrunken out
- 49:35Speaker 1: seven months in a row. I mean, the United States
- 49:45Speaker 1: economy is not doing well, and Trump is doing all
- 49:48Speaker 1: in his power to keep it that way. I mean
- 49:51Speaker 1: not intentionally, of course, but its policies are destructive to
- 49:54Speaker 1: use economic growth. Stock though, represents the best, the biggest,
- 50:04Speaker 1: and also represents the most protected. The companies that have
- 50:08Speaker 1: sucked up to Trump and have going to achieve protection
- 50:12Speaker 1: from him. That's who that That's what the SMP is
- 50:21Speaker 1: made up of. So you've gotten a small subsection of
- 50:25Speaker 1: the US economy. So it's it's gonna be interesting. It's
- 50:31Speaker 1: gonna be interesting where interest rates go. It's going to
- 50:33Speaker 1: be interesting how far the dollar drops, how high gold
- 50:37Speaker 1: goes up, and what actually happens to the stock market
- 50:41Speaker 1: into US companies under the under the Trump administration. But
- 50:49Speaker 1: it's not good that gold is in four thousand. I
- 50:52Speaker 1: mean unless your own gold, which then it's good for you.
- 50:55Speaker 1: But it's not good. It's a sign of real fear,
- 50:59Speaker 1: real instability, real distrust of the existing economic system and
- 51:05Speaker 1: the way the way it's functioning, in the way it's structured.
- 51:08Speaker 1: This is not This should not be celebrated. It should
- 51:11Speaker 1: be a time for real. It's a warning sign. It's
- 51:14Speaker 1: a real warning. Bitcoin, by the way, is up as well,
- 51:19Speaker 1: one hundred and twenty five thou people are just looking
- 51:23Speaker 1: for somewhere to put their money. That and there's plenty
- 51:29Speaker 1: of money. That's the other thing. There is plenty of
- 51:31Speaker 1: money out there, plenty of money. I think banks are
- 51:35Speaker 1: reducing the reserves that the Fed. Money is circulating, money
- 51:39Speaker 1: is moving. We'll see what the price inflation numbers are.
- 51:44Speaker 1: But money is flowing into gold, into bitcoin, into the
- 51:47Speaker 1: stock market, who knows where else. But it's we're in
- 51:54Speaker 1: for a bumpy ride, bumpy right, all right, Yeah, this
- 52:03Speaker 1: is an interesting story. We've talked a lot about corruption
- 52:06Speaker 1: and the corruption of this administration and how it plays out.
- 52:11Speaker 1: I've talked about Freddie and Fanny. Freddy and Fanny are
- 52:14Speaker 1: the big buyers of mortgages. They restructure the mortgages and
- 52:18Speaker 1: they sell them repackaged mortgages. These are two companies that
- 52:22Speaker 1: basically went bankrupt during the eighth nine. They've always been
- 52:26Speaker 1: government sponsored entities. They've always had the protection of the
- 52:30Speaker 1: US government. They've always been backed by taxpayers, and they've
- 52:35Speaker 1: been in government receivership since two thousand and eight. For
- 52:40Speaker 1: a long time, the idea was they'd be broken up,
- 52:44Speaker 1: they'd be closed down, they'd be broken up, and lots
- 52:48Speaker 1: of small companies would be spun off. But nothing has happened.
- 52:54Speaker 1: They're sitting there and they're bigger now than they've ever been,
- 52:57Speaker 1: and they are responsible for more of the mortgage market
- 53:02Speaker 1: today than they ever have. These are really, really, really
- 53:07Speaker 1: bad institutions because they've got perverse incentives. This pseudo governmental
- 53:15Speaker 1: the good example of what happens when the government takes
- 53:17Speaker 1: a position, either by guaranteeing your debt or by taking
- 53:21Speaker 1: on equity position. Anyway, the government has decided. The Trumpet
- 53:26Speaker 1: administration has decided not to break them up, not to
- 53:30Speaker 1: shut them down, but to take them public as is,
- 53:35Speaker 1: maybe even with an explicit government guarantee, and the consequence
- 53:41Speaker 1: of that is these could be some of the biggest
- 53:44Speaker 1: i pos in history ever. Initial public offer. Well, all
- 53:52Speaker 1: the banks want a piece, they want to represent, they
- 53:58Speaker 1: want to make the deal. So what you've got right
- 54:03Speaker 1: now is Goldman, Sachs and JP, Morgan Chase and Morgan
- 54:08Speaker 1: Stanley and Wells, Fargo City Bank, Bank of America all
- 54:15Speaker 1: going to the White House and accurting Trump and others
- 54:22Speaker 1: bestn't uh and and people in the Housing UH Federal
- 54:26Speaker 1: Housing Finance Agency and Circauselen trying to get the business,
- 54:34Speaker 1: trying to get the business. So instead of shutting these
- 54:40Speaker 1: down or breaking them up and taking public small entities,
- 54:45Speaker 1: these two massive companies are going to go public. It
- 54:51Speaker 1: was bad when they were public in the past. It
- 54:53Speaker 1: was horrific. And by the way, they could never get
- 54:57Speaker 1: their books in order. They you know, you know, early thousands,
- 55:00Speaker 1: they couldn't even produce an audited financial statement of Fanny May.
- 55:09Speaker 1: I mean this is gotten Frank's legacy with these monstrous organizations.
- 55:14Speaker 1: They were huge lobbyists, huge massive lobbyists, real corruption in Washington,
- 55:21Speaker 1: DC for decades, and now they want to resurrect them,
- 55:25Speaker 1: make them, more powerful, bigger than ever the IBOs. I
- 55:30Speaker 1: expected the value the combined company Veddie and Fanny at
- 55:37Speaker 1: five hundred billion dollars and raise at the IPO at
- 55:43Speaker 1: the initial public offering thirty billion dollars. I mean, this
- 55:51Speaker 1: is absurd and ridiculous. And again we're just begging for
- 56:00Speaker 1: other financial criations, just begging for it, begging again. These
- 56:06Speaker 1: are two entities that winter went bankrupt, but whenever shut down,
- 56:11Speaker 1: they are being under government receivership, government management. Since then,
- 56:15Speaker 1: government bailout. They've been bailed out and now on IPO
- 56:21Speaker 1: five hundred billion dollars. And because the government is doing it,
- 56:26Speaker 1: because it goes from government receivership. Instead of they should
- 56:29Speaker 1: have fought for bankruptcy. They should have shut them down
- 56:31Speaker 1: and sold other assets. Un let the private markets compete
- 56:35Speaker 1: for mortgages. We're going to create the great American mortgage corporation,
- 56:45Speaker 1: you know. And and the massive massive this resulted from
- 56:50Speaker 1: a massive bailout. By the way, the US has warrants
- 56:57Speaker 1: to purchase about eighty percent of the common stock when
- 57:00Speaker 1: they go public. So yeah, I don't know. I mean,
- 57:07Speaker 1: in two and two and nine, it seemed like there
- 57:11Speaker 1: was a real consensus among politicians, economists, bankers, everybody, fenny
- 57:15Speaker 1: and f any need to go. They need to be eliminated,
- 57:17Speaker 1: they need to be shut down, they need to be
- 57:19Speaker 1: spun off. And instead we're just recreating them so that
- 57:28Speaker 1: we can have another financial crisis and bail them out again.
- 57:36Speaker 1: Just nutty, talk about nutty. Soybean farmers. Don't know if
- 57:43Speaker 1: you know any soybean farmers on the farmers are very unhappy.
- 57:47Speaker 1: Trump's trade wars basically destroyed their their business. They typically
- 57:53Speaker 1: sell many of the soybeans to China. China's not buying
- 57:56Speaker 1: soybeans from US farmers just zero zero Now because of tariffs,
- 58:04Speaker 1: soybean farmers have dramatically increased costs, higher fertilizer costs, higher
- 58:10Speaker 1: metal cost high equipment costs. And at the same time,
- 58:15Speaker 1: the tasks have eviscerted their market. They can't sell them.
- 58:26Speaker 1: And this is a massive Trump continued constituency. And yet
- 58:37Speaker 1: the being left out without a market, and now some
- 58:45Speaker 1: of the soybeans that they're not selling to China they'll
- 58:48Speaker 1: sell elsewhere. The United States is helping them and they'll
- 58:52Speaker 1: find out the markets and they'll figure it out. But
- 58:55Speaker 1: it's going to be very difficult for them to make
- 58:57Speaker 1: a profit given their increased costs and the ongoing un
- 59:02Speaker 1: certainty about the markets. I mean, in a normal year,
- 59:08Speaker 1: China would have already booked US soybeans from the crop
- 59:13Speaker 1: that's just been harvested, but they haven't. So what happens
- 59:18Speaker 1: next year? And again, where does these soybeans get shipped?
- 59:24Speaker 1: So Trump's really made a complete disaster of this. The
- 59:31Speaker 1: farm industry is in real panic. And again this is
- 59:40Speaker 1: the hot land, this is this is Trump country. So
- 59:44Speaker 1: I mean, the solution is, of course, the solution is,
- 59:47Speaker 1: of course bailouts. And what you're going to see is
- 59:53Speaker 1: is massive bailouts. Now, the real solution, ultimately is they
- 59:58Speaker 1: should be planting a lot less soybean, a lot less corn.
- 1:00:01Speaker 1: We should stop subsidizing it. We should stop, you know,
- 1:00:06Speaker 1: providing you know, huge benefits these farmers to plant stuff
- 1:00:11Speaker 1: that is not really needed. But that won't happen. I'll
- 1:00:18Speaker 1: just keep bailing them out, just giving them more money.
- 1:00:21Speaker 1: And so Trump is now saying that he can take
- 1:00:27Speaker 1: the money coming in from tariffs and give it to farmers,
- 1:00:32Speaker 1: which is fascinating because you know, he doesn't really have
- 1:00:37Speaker 1: the constitutional authority to put on tariffs, and now he's
- 1:00:41Speaker 1: adding constitutional authority to take the income and kind of
- 1:00:49Speaker 1: do whatever the hell he wants with it. Like the
- 1:00:53Speaker 1: president is not in a position to allocate revenue. Budgeting
- 1:01:01Speaker 1: is Congress's responsibility. But Trump is just is suggesting that
- 1:01:08Speaker 1: because this is excess revenue, he can do whatever he
- 1:01:11Speaker 1: want with it. So yep, completely unconstitutional, but that is
- 1:01:20Speaker 1: just part of the course, part of the course, right,
- 1:01:28Speaker 1: And a lot of people are pissed off because Trump
- 1:01:32Speaker 1: is bailing out, is giving this bailout to Argentina, and
- 1:01:36Speaker 1: then Argentina turned around and sold its soybeans to China.
- 1:01:40Speaker 1: So China is buying soybeans or Argentina instead of from
- 1:01:43Speaker 1: the US, and the US at the same time as
- 1:01:45Speaker 1: also bailing them out, and people are pissed off at that.
- 1:01:47Speaker 1: But that's the distortions and perversions are bailouts and tariffs
- 1:01:53Speaker 1: and you know, uh, Trump policy. Trump has no clue
- 1:01:59Speaker 1: what he's doing when it comes to these kind of
- 1:02:03Speaker 1: economic and international affairs issues. Pretty bad, all right, That,
- 1:02:14Speaker 1: my friends, is the news for October eighth, twenty twenty five.
- 1:02:23Speaker 1: All Right, so we will turn to the super chat.
- 1:02:28Speaker 1: Now we've got a few questions not that many, so
- 1:02:33Speaker 1: please consider asking more questions. We're still like one hundred
- 1:02:37Speaker 1: and eighty dollars short of our second hour goal. Oh
- 1:02:39Speaker 1: there's Wes. Wes haven't seen you know what. Thanks thanks
- 1:02:44Speaker 1: for the support. Wes West just at a stick of
- 1:02:46Speaker 1: for fifty dollars. Thank you for that. So that that
- 1:02:49Speaker 1: that really eight into our deficit there nicely. So please
- 1:02:56Speaker 1: consider adding to what Wes just did and getting a
- 1:03:00Speaker 1: us getting into the five hundred dollars for the second hour.
- 1:03:02Speaker 1: We're already into that second hour. You can do a sticker,
- 1:03:09Speaker 1: you can do a you can do a question. Questions
- 1:03:12Speaker 1: are great because you get to shape the show. I
- 1:03:14Speaker 1: get to talk about what you want me to talk about.
- 1:03:17Speaker 1: Any issue you want to bring up. The best way
- 1:03:19Speaker 1: to do it is with the super chat, and particularly
- 1:03:22Speaker 1: if you bring in twenty dollars, that is great. Superchat
- 1:03:26Speaker 1: twenty dollars. Super chats get priorities fifty one hundred even better.
- 1:03:31Speaker 1: All right, we have three sponsors at the one book show.
- 1:03:35Speaker 1: The Ironman Institute is what's remind everybody that there is
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- 1:07:10Speaker 1: stickers again, Wes, thank you again for the fifty dollars.
- 1:07:13Speaker 1: That's you. Els did a sticker the dumb Oh who
- 1:07:18Speaker 1: is that? Yeah? We got Allen and Paul and Cook.
- 1:07:30Speaker 1: I think that's it. All right, Thank you guys. Plenty
- 1:07:34Speaker 1: of space for more stickers. We've got one hundred and
- 1:07:37Speaker 1: forty three people watching right now. Dollar two dollars per
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- 1:07:47Speaker 1: because you're listening. Otherwise, why would you listen trade offer
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- 1:08:00Speaker 1: David one hundred dollars, Thank you, David for the supports.
- 1:08:03Speaker 1: Would you be surprised if MAGA staged a rich stud incident?
- 1:08:08Speaker 1: Is it possible MAGA wants violence in the streets in
- 1:08:11Speaker 1: order to cancel midim elections. I don't know if it's
- 1:08:15Speaker 1: to cancel midim election, but I definitely think MAGA wants violence,
- 1:08:20Speaker 1: and I think that I think they want conflict, they
- 1:08:24Speaker 1: want to stir things up, they want insights because I
- 1:08:29Speaker 1: think that that they need. They have a vision of
- 1:08:34Speaker 1: what it's going to take to purify America from the
- 1:08:37Speaker 1: evils of the left, and that is going to have
- 1:08:40Speaker 1: to involve the use of the significant use of state power.
- 1:08:45Speaker 1: They've tried to do it at Harvard and other places.
- 1:08:47Speaker 1: But the real use of state power is going after
- 1:08:51Speaker 1: student organizations and banning them, and it's going after political
- 1:08:55Speaker 1: entities and specific politicians and going after you know, Trump enemies,
- 1:09:01Speaker 1: and part of that they'll do through law. Fair but
- 1:09:04Speaker 1: part of that is creating situations where there's real conflict
- 1:09:10Speaker 1: and where there's the potential of doing the equivalent of
- 1:09:15Speaker 1: you know, declaiming martial law. You know, in acting the
- 1:09:21Speaker 1: Insurrection Act. There's no insurrection in the United States. There
- 1:09:25Speaker 1: literally is no insurrection in the United States. The left
- 1:09:32Speaker 1: is not particularly active right now. Most of the action
- 1:09:36Speaker 1: is from the right, and I don't see ICE and
- 1:09:41Speaker 1: some of these other entities going after the hamas demonstrators
- 1:09:44Speaker 1: does seem to be the target, So I don't know
- 1:09:46Speaker 1: who is. It's the political enemies of the Republicans in charge,
- 1:09:53Speaker 1: so they want to steer things up. And part of
- 1:09:56Speaker 1: putting ICE into the streets and putting National Guard into
- 1:09:59Speaker 1: the streets is that they're hoping to provoke. I mean,
- 1:10:04Speaker 1: what Trump really wants is for Portland to burn. If
- 1:10:08Speaker 1: Portland burns, there's an excuse to do more. They want
- 1:10:12Speaker 1: to do more, They want to act, and they want
- 1:10:15Speaker 1: legal cover for the action. And the legal cover will
- 1:10:18Speaker 1: be provided to them if the Left is incited to,
- 1:10:24Speaker 1: you know, start really fighting against them. You know, somebody
- 1:10:29Speaker 1: is going to get shot by ICE or an ICE
- 1:10:33Speaker 1: agent will get shot. Violence will only escalate. The more
- 1:10:37Speaker 1: guns you put into the streets, and out of that
- 1:10:43Speaker 1: will come potentially riots, and then you got national gut
- 1:10:47Speaker 1: quelching riots, and that that chaos, that mayhem is a
- 1:10:55Speaker 1: great opportunity to you know, invoke more authoritarian powers. Now,
- 1:11:04Speaker 1: is it normal for federal agents to be assaulted in
- 1:11:08Speaker 1: the streets. Yes, when they're doing horrific things. I mean,
- 1:11:14Speaker 1: I did my spiel on ICE. Ice is a horrific organization.
- 1:11:21Speaker 1: And when they are randomly pulling people off the streets
- 1:11:24Speaker 1: and you're in the vicinity, yes you should resist. Yes,
- 1:11:29Speaker 1: you should create as much uncertainty for those agents without
- 1:11:34Speaker 1: getting physical and violence, so that they feel intimidated before
- 1:11:38Speaker 1: they risked somebody off the pavement next time. It's not
- 1:11:46Speaker 1: normal to have federal agents in the streets rounding people up,
- 1:11:52Speaker 1: but not normal to have federal agents and unmasked cars
- 1:11:57Speaker 1: driving around the streets assaulting people. That is not normal,
- 1:12:02Speaker 1: and we should not accept it as normal, not accepted
- 1:12:09Speaker 1: as normal, whether it's legally illegal, we should not accept
- 1:12:16Speaker 1: it as normal. And interfering without engaging in violence absolutely,
- 1:12:27Speaker 1: civil disobedience without engaging in violence absolutely absolutely, let them
- 1:12:34Speaker 1: know that what they're doing is unpopular. Let them know
- 1:12:38Speaker 1: that they're not welcome, and the people violating the real
- 1:12:48Speaker 1: rule of law here is the government the government, because
- 1:12:53Speaker 1: the law is not just whatever laws they happen to
- 1:12:55Speaker 1: be in the books. The law is the law based
- 1:12:58Speaker 1: on individual rights. And when the law laws a fundamentally
- 1:13:02Speaker 1: violating individual rights, then we need to stand up against them.
- 1:13:09Speaker 1: We need to stand up against them. So what Ice
- 1:13:14Speaker 1: is doing is wrong. It is wrong from the perspective
- 1:13:20Speaker 1: individual rights, is wrong from the perspective of the rule
- 1:13:23Speaker 1: of law. All right, And if we don't stand up,
- 1:13:29Speaker 1: there's no end to it. They'll keep passing really really
- 1:13:33Speaker 1: bad laws. I'll keep signing really really bad executive orders,
- 1:13:36Speaker 1: and they'll violate our rights left and rights, and we
- 1:13:39Speaker 1: will do nothing. We will just sit silently because hey,
- 1:13:44Speaker 1: it's the law, all right, Remo, thank you, Remo. Sixty
- 1:13:54Speaker 1: eros really appreciate it. Should a country ban the disability
- 1:14:00Speaker 1: for foreign governments and wealth funds to buy stakes and
- 1:14:05Speaker 1: companies that incorporated in its country. It's a really good
- 1:14:09Speaker 1: question which I hadn't thought about, and I think the
- 1:14:11Speaker 1: answer is yes. I think there should be a band.
- 1:14:18Speaker 1: I think the band should be against you know, a
- 1:14:26Speaker 1: purchase by a governmental entity of a foreign country, and
- 1:14:33Speaker 1: i'd include faun what do you call it? Wealth funds?
- 1:14:37Speaker 1: Fun sovereign wealth funds against buying stock, against mine land.
- 1:14:44Speaker 1: I mean, the Chinese government should not be only farmland
- 1:14:48Speaker 1: in the United States. They shouldn't be only stocks in
- 1:14:51Speaker 1: the United States. Now, I don't mind Chinese companies doing it,
- 1:14:56Speaker 1: and maybe it gets blurry when it comes to country
- 1:15:00Speaker 1: like China, but the government out and out I don't
- 1:15:02Speaker 1: think should be. But it's an interesting question which I've
- 1:15:05Speaker 1: never thought about, but it strikes me that the answer
- 1:15:08Speaker 1: should be yes, it should be banned. I think part
- 1:15:16Speaker 1: of what ICE is doing and all of that is
- 1:15:18Speaker 1: to provoke. They want it to escalate, and it's going
- 1:15:22Speaker 1: to escalate. I mean, there's nothing you can do about
- 1:15:24Speaker 1: it's going to escalate, and it's really, really bad, and
- 1:15:28Speaker 1: the fault for the escalation is with the government. David,
- 1:15:34Speaker 1: With gold over four thousand, it's maybe time to finally
- 1:15:37Speaker 1: call Peter Shift and bring him on the show. Nobody
- 1:15:40Speaker 1: has been as public and right about the debt crisis
- 1:15:43Speaker 1: in gold for over twenty years as year is. Call
- 1:15:46Speaker 1: your old forgotten friend. I don't know how you can
- 1:15:49Speaker 1: say he's been right. Peter Schiff called Gold at four
- 1:15:55Speaker 1: thousand in two thousand and eight. The fact that it
- 1:16:00Speaker 1: made it to Fourenty twenty twenty five doesn't make him right.
- 1:16:07Speaker 1: So I don't understand. I don't understand how. You know,
- 1:16:12Speaker 1: if you if you you know you, you say the
- 1:16:15Speaker 1: crisis is gonna come, it's gonna come, it's gonna come,
- 1:16:17Speaker 1: it's gonna come, you do it for forty twenty years,
- 1:16:20Speaker 1: and the crisis finally happens somehow you're right. I mean,
- 1:16:26Speaker 1: I really don't get it. Yes, Gold has finally done
- 1:16:31Speaker 1: what Peter Shifts said it will do it. But Peter
- 1:16:33Speaker 1: Shift said it would happen years and years and years ago,
- 1:16:36Speaker 1: decades ago. So he's clearly been wrong in bitcoin. He's
- 1:16:46Speaker 1: been wrong in the stockland kid, he's wrong in the
- 1:16:49Speaker 1: US dollar and has been wrong on the US dollar
- 1:16:52Speaker 1: in the past. Now I like Peter and I might
- 1:16:55Speaker 1: have him on, but I don't understand, you know, you
- 1:17:02Speaker 1: know how he can be wrong for so long? And
- 1:17:06Speaker 1: you know if I say Scoco lig is gonna go down,
- 1:17:09Speaker 1: I don't know when, No, Starkola is gonna go down
- 1:17:12Speaker 1: this year and it doesn't go down, then next year
- 1:17:14Speaker 1: it's gonna go down this year and it doesn't go down,
- 1:17:16Speaker 1: and again it's gonna go down this year and it
- 1:17:18Speaker 1: doesn't go down. Then next one it's gonna go down
- 1:17:20Speaker 1: this year, and then ultimately five years, six years, seven years,
- 1:17:27Speaker 1: ten years down the road he goes down and you say, Wow,
- 1:17:30Speaker 1: your UN's right about the stock market. No, I'm not. Now. Look,
- 1:17:37Speaker 1: Peter's super smart, super particulate. I agree with him on
- 1:17:40Speaker 1: a lot in economics. I'm just disagreeing with you on
- 1:17:45Speaker 1: this particular characterization. I just think it's wrong, and I'm
- 1:17:54Speaker 1: looking for objectivity around it. Right lyon, are Palestinian supporters
- 1:18:06Speaker 1: of today similar to hippies of the Vietnam era? Both
- 1:18:10Speaker 1: are just reaching against the flawed proponents of the US West,
- 1:18:14Speaker 1: like Trump and Nixon, without examining who they're align with.
- 1:18:19Speaker 1: I mean no, because it's much much worse now. And
- 1:18:24Speaker 1: the reason it's much much worse now is because they
- 1:18:28Speaker 1: have nothing at stake today. There's no there's no draft.
- 1:18:36Speaker 1: They're not being shipped to them at least to fight
- 1:18:38Speaker 1: a war. The war they supposed war crimes and not
- 1:18:45Speaker 1: being committed by Americans. So the fact that they're so
- 1:18:50Speaker 1: passionate and so engaged with the Palestinian cause is And
- 1:18:57Speaker 1: of course a lot of the demonstrations in Vietnam weren't
- 1:19:02Speaker 1: pro North Vietnamese. They were against US involvement, and they
- 1:19:07Speaker 1: were right on US involvement. So no, I think this
- 1:19:12Speaker 1: is much much worse. It's also remember this didn't start
- 1:19:14Speaker 1: with Trump, the star with Biden. I mean, the sit ins,
- 1:19:19Speaker 1: the campus sit ins, the demonstrations, those all happened in
- 1:19:22Speaker 1: a Biden. So it wasn't just a knee jerk reaction
- 1:19:26Speaker 1: to a bad you know, from their perspective, a right
- 1:19:30Speaker 1: wing president. Now they did, it's the democratic president as well.
- 1:19:34Speaker 1: It is a hatred of the West, but much more
- 1:19:42Speaker 1: elevated in its verocity, in its in its nihilism than
- 1:19:47Speaker 1: I think the Vietnam War war was. So this is
- 1:19:51Speaker 1: that on steroids, much much worse. And of course that
- 1:19:54Speaker 1: was bad enough what they did back then, but it's
- 1:19:57Speaker 1: much worse now. I sign up police, police arrest people
- 1:20:03Speaker 1: to bring them to court with some level of evidence.
- 1:20:07Speaker 1: I specifically grags people without a court process or defiance
- 1:20:12Speaker 1: of court. They are literally masked gangsters for Trump, well,
- 1:20:17Speaker 1: the masked gangsters for the federal government. Trump Trump is president,
- 1:20:24Speaker 1: but not for Trump the masked gangsters for the federal government.
- 1:20:29Speaker 1: And this is not a good precedent in the United States.
- 1:20:36Speaker 1: You might think it's okay for them to be running
- 1:20:38Speaker 1: up illegals, but what happens when you know, the next
- 1:20:43Speaker 1: administration comes about and has masked gunmen gangsters roaming around
- 1:20:47Speaker 1: arresting some other group. There's no end to it. Once
- 1:20:51Speaker 1: you unleash the thugs into the streets in the name
- 1:20:55Speaker 1: of I don't know, in the name of federal government
- 1:21:03Speaker 1: and its wisdom. We know where that lands up, and
- 1:21:06Speaker 1: it doesn't land up in a good place, so that
- 1:21:10Speaker 1: these are armed thugs of the federal government. All right, Andrew,
- 1:21:30Speaker 1: does altruism lead to evasion? I'm thinking about the irrationality
- 1:21:35Speaker 1: surrounding the Israeli Palestinian conflict. Yes, I mean altruism necessitates evasion.
- 1:21:42Speaker 1: You're evading your own interests. You're ignoring, you know, the
- 1:21:47Speaker 1: reality of who's being sacrificed to whom it's you know, Altruism,
- 1:22:08Speaker 1: by its very nature tells you to ignore your own nature,
- 1:22:12Speaker 1: to ignore your own interests, to ignore your own life.
- 1:22:21Speaker 1: And you know that necessitates evasion. And then once you
- 1:22:26Speaker 1: vade regarding altruism, once you vade, according to that, what
- 1:22:31Speaker 1: stops you evading whatever you need to evade. The whole
- 1:22:34Speaker 1: principle is here, they're suffering, the weak, the poor. They
- 1:22:39Speaker 1: o't of a state in one of this and one
- 1:22:41Speaker 1: of that that is by definition wrong according to altruism,
- 1:22:48Speaker 1: and therefore must they must be some way to solve
- 1:22:52Speaker 1: the problem, to address the injustice and the fact that
- 1:22:58Speaker 1: the murderer is the fact at the rapist effect that
- 1:23:01Speaker 1: all this will evade that because they're struggling, because they're poor,
- 1:23:06Speaker 1: because they're weak, and they're being bombed all the time,
- 1:23:08Speaker 1: and children are dying, so everything else becomes irrelevant, everything
- 1:23:12Speaker 1: else is evaded in the name of the sacrifice. All right,
- 1:23:21Speaker 1: Just we've that is all the twenty dollars questions that
- 1:23:25Speaker 1: we have, twenty fifty one hundred dollars questions that we have,
- 1:23:28Speaker 1: so just a reminder, we need some more. We need
- 1:23:30Speaker 1: about six twenty dollars questions to get to our second
- 1:23:34Speaker 1: hour goal. We've got a few ten dollar questions here
- 1:23:38Speaker 1: and five dollar questions remaining, but I'll be done with
- 1:23:40Speaker 1: those pretty quickly here, So now's the time to step
- 1:23:44Speaker 1: in with some support. Stickers welcome questions welcome value for
- 1:23:51Speaker 1: value trade and help us make our targets. So that, yeah,
- 1:23:59Speaker 1: the show is is sustainable, needs to be sustainable. These
- 1:24:05Speaker 1: these two hundred and fifty dollars an hour is what
- 1:24:08Speaker 1: is necessary to sustain the show given the different sources
- 1:24:13Speaker 1: of support that come in for the show. All right,
- 1:24:18Speaker 1: So if you're listening live now on YouTube, come on over,
- 1:24:21Speaker 1: Come on over and do a superchato or do a sticker.
- 1:24:25Speaker 1: If you're on Twitter, there's a bunch of people watching
- 1:24:28Speaker 1: on Twitter. Come on over to YouTube and support the
- 1:24:30Speaker 1: show here on YouTube. Remo my favorite ap Pacino movie. God,
- 1:24:39Speaker 1: I don't remember ap Pacino movies. Oh I remember my
- 1:24:43Speaker 1: first Oppacino movie, which was Dog Day Afternoon. Really liked
- 1:24:48Speaker 1: Dog Day Afternoon. Well, I mean the Godfather of course,
- 1:24:51Speaker 1: those are great movies, and al Pacino's great in those.
- 1:24:56Speaker 1: Cent of a Woman I like. I like Cent of
- 1:24:58Speaker 1: a Woman. That's a good Appacino movie. The Heat is
- 1:25:01Speaker 1: another one that I really like. I mean, I hate
- 1:25:06Speaker 1: the movie. The movie's kind of got an evil idea
- 1:25:10Speaker 1: and philosophy, but he's he's brilliant in it. He's really
- 1:25:12Speaker 1: really good. Didn't like The Irishman, SUPPI go he was
- 1:25:17Speaker 1: good at Soupy Go. Just looking at uh Oppacino movies. Uh,
- 1:25:26Speaker 1: The Dog or the Afternoon was the first movie I
- 1:25:30Speaker 1: saw with Appacino. He was brilliant in it. It's a
- 1:25:32Speaker 1: terrible movie, but he was brilliant in it. But at
- 1:25:35Speaker 1: least now looking back at the time, it was super intense.
- 1:25:38Speaker 1: It was really intense. And Justice for All that was
- 1:25:42Speaker 1: pretty good. Yeah. That that that Those a few that
- 1:25:50Speaker 1: I like. Oh, he's really good in the merch of
- 1:25:52Speaker 1: the Venice. He plays Shylock in The Merchant of Venice.
- 1:25:59Speaker 1: That's really good. All right. Rimo says, generally, I do
- 1:26:20Speaker 1: not like gangster movies, but I do like The Godfather.
- 1:26:23Speaker 1: Godfather movies are great movies, Goodfellas, that Departed Heat. Yeah,
- 1:26:29Speaker 1: I mean there are a lot of good gangster movies.
- 1:26:31Speaker 1: Departed is good. Heat is good. I mean again, it's
- 1:26:35Speaker 1: got an awful philosophically, it's really really bad, but it's
- 1:26:38Speaker 1: a really well made movie. But the best is The Godfather.
- 1:26:41Speaker 1: The Godfather trilogy is brilliant. All right, Ryan, Your new
- 1:26:51Speaker 1: book is urgently needed. Is there anything that can be
- 1:26:54Speaker 1: done to speed up its release? No? No, it needs
- 1:26:59Speaker 1: to be written, I mean finished, and I need a
- 1:27:03Speaker 1: finalized an agent, and then we need a publisher. This
- 1:27:07Speaker 1: takes time. There's no there's no way, there's no shortcuts.
- 1:27:10Speaker 1: And I want to I want to real I want
- 1:27:13Speaker 1: a real publisher. I wanted to get the full marketing
- 1:27:17Speaker 1: benefit of a publisher. And uh, I'm hoping to have
- 1:27:20Speaker 1: a real aggressive agents and and uh, you know there
- 1:27:26Speaker 1: should be given the timing of the book, given its theme.
- 1:27:31Speaker 1: You know, I'm hoping w are kind of a best seller.
- 1:27:33Speaker 1: We'll see, we'll see. I don't know who the market
- 1:27:37Speaker 1: is for it, because you know we're going to piss
- 1:27:39Speaker 1: off everybody. But if you want to ask a question
- 1:27:45Speaker 1: about al Pacino movies, about any of that, uh, the
- 1:27:49Speaker 1: super chat is open. Super chat is available, Mike, thank
- 1:27:52Speaker 1: you for the sticker. Really appreciate that. We just need
- 1:27:55Speaker 1: five twenty dollars now to get to our target. Uh,
- 1:28:00Speaker 1: but I appreciate it. Ryan. There's just no shortcuts when
- 1:28:03Speaker 1: it comes to publishing a book, unfortunately, Mera Bens Peter,
- 1:28:07Speaker 1: I love you more than cat loafs and dog blanket burritos.
- 1:28:13Speaker 1: I don't know what that means. I don't don't want
- 1:28:16Speaker 1: to go there. I mean, people are talking about Heat.
- 1:28:23Speaker 1: I mean, the thing about Heat is that, like most
- 1:28:27Speaker 1: modern movies, it portrays the bad guy, the gangster as
- 1:28:35Speaker 1: interesting and cool and successful and happy and gets the women,
- 1:28:41Speaker 1: and and the good guy is the good guys is
- 1:28:50Speaker 1: is basically you know, boring and failure in his personal
- 1:29:00Speaker 1: life and unhappy and doesn't know how to have fun
- 1:29:05Speaker 1: and doesn't get the goal and and just pathetic. And
- 1:29:10Speaker 1: that's Heat, right. The cop is miserable, miserable and divorced
- 1:29:19Speaker 1: and everything, and the beaver guy is the happy guy.
- 1:29:24Speaker 1: And that's just an inversion of reality to to make
- 1:29:29Speaker 1: and and it's it's a perpetuation of a particular view
- 1:29:33Speaker 1: of morality that that virtue leads to unhappiness. Goodness is. Yeah,
- 1:29:41Speaker 1: it's important to be good, it's important to be virtuous,
- 1:29:44Speaker 1: but you're not gonna be happy. You're gonna be miserable.
- 1:29:46Speaker 1: And vice is actually the source of happiness. Vice is
- 1:29:50Speaker 1: actually the source of of fun, of joy. This is
- 1:30:00Speaker 1: not unique to Heat, but Heat really drills that home,
- 1:30:05Speaker 1: which I find defensive. Lissenda, your voice sounds a lot
- 1:30:10Speaker 1: better now. Hope you're doing better. Also, anyone remembered to
- 1:30:14Speaker 1: send stickers and super chats and reach those goals. Yeah,
- 1:30:17Speaker 1: I mean we're not. You know, we're kind of on
- 1:30:20Speaker 1: and off on the goals. We don't. We don't make
- 1:30:22Speaker 1: them as consistently as we used to. It'd be nice
- 1:30:25Speaker 1: if we did. We really should. And so we're right
- 1:30:30Speaker 1: now eighty six dollars short of the goal. Maybe maybe
- 1:30:34Speaker 1: you can be inspired by Lucinda to get it. I
- 1:30:36Speaker 1: am feeling a little better. God, it's it's been a
- 1:30:40Speaker 1: week and a half now, and I'm still not completely right,
- 1:30:42Speaker 1: as you can probably tell from my voice, but I'm
- 1:30:44Speaker 1: feeling better. I definitely have more energy. But I stolen congestioned.
- 1:30:51Speaker 1: It hasn't completely opened up. Yeah it was. It was
- 1:30:57Speaker 1: a bad case and it's not leaving out and I'm
- 1:31:00Speaker 1: traveling on Friday. I'm flying to Austin, Texas on Friday.
- 1:31:07Speaker 1: So yeah, well, frustrating, frustrating, frustrating, frustrating the fact that
- 1:31:16Speaker 1: I was so sick and that it hasn't really gone away.
- 1:31:23Speaker 1: All right, all right, let's see equal to reality, says
- 1:31:47Speaker 1: bit off topic. But what questions could help me decide
- 1:31:51Speaker 1: if I should distance myself from pro royal on nationalist
- 1:31:56Speaker 1: minded family members. I mean, at the end of the
- 1:32:00Speaker 1: they You've got to think about what value do they
- 1:32:03Speaker 1: represent to you? To what extent you know they are
- 1:32:07Speaker 1: they good for you in a short run, in the
- 1:32:11Speaker 1: long run, what values do you get for them? What
- 1:32:13Speaker 1: is the value of having a relationship to think of
- 1:32:16Speaker 1: it as positive and not as negative? And then to
- 1:32:18Speaker 1: what extent do they frustrate you? Do do they impose
- 1:32:24Speaker 1: costs on you because of their political views? They argue
- 1:32:29Speaker 1: with you constantly? Do they ask you, I mean, what
- 1:32:32Speaker 1: exactly are they doing? So just way the positives and
- 1:32:35Speaker 1: the negatives of having a relationship and make a decision
- 1:32:37Speaker 1: based on that. One second is all right? Andrew rand
- 1:32:47Speaker 1: once said to Donahue, the religion says the body is evil.
- 1:32:51Speaker 1: Donna Hue responded, yes, it does. When I see that,
- 1:32:55Speaker 1: I think, how can want to acknowledge that and go
- 1:32:58Speaker 1: on defending religion thoughts, Well, because they really do think
- 1:33:03Speaker 1: it is evil. That is, you know, it's it's it's
- 1:33:07Speaker 1: the focal point of desires. And if you act on desires,
- 1:33:14Speaker 1: you know you do, you can do you know, horrible things,
- 1:33:17Speaker 1: and it is the source of sin, it is the
- 1:33:22Speaker 1: source of of the fall. So religion actually holds that,
- 1:33:27Speaker 1: you know, the body as you know, as as evil
- 1:33:35Speaker 1: and they can't resent it, but they can't ignore that
- 1:33:37Speaker 1: because they this is how they've been brought up. This
- 1:33:41Speaker 1: is you know, every summon. This is exactly what they've
- 1:33:44Speaker 1: been taught. And what it means is they believe that
- 1:33:49Speaker 1: the mind, that morality is there to control their bodily urges,
- 1:33:54Speaker 1: to control their passions, to control the mayhem that the
- 1:33:59Speaker 1: body would eight if it was let loose. And they
- 1:34:03Speaker 1: are They are split. They really have this split, and
- 1:34:09Speaker 1: they live it, and that is the source of the
- 1:34:12Speaker 1: kind of anxiety and fear and self hatred that so
- 1:34:16Speaker 1: many people exhibit. Neo, I'm bad of math. How is it?
- 1:34:27Speaker 1: How is the comparison made when people say October seventh
- 1:34:31Speaker 1: is equivalent to thirty to forty thousand dead during nine
- 1:34:34Speaker 1: to eleven. Yeah, it's pretty pretty simple. It's you say,
- 1:34:39Speaker 1: you know, Israel as let's say a population of ten million,
- 1:34:42Speaker 1: and they they had want twelve hundred people died in
- 1:34:49Speaker 1: United States just two fifteen million people. Some multiply the
- 1:34:55Speaker 1: one thousand, two hundred by thirty five ten million into
- 1:35:01Speaker 1: three hundred and fifty million. Is one thy two hundred
- 1:35:03Speaker 1: to what to about forty thousand people dying. So just
- 1:35:08Speaker 1: a comparison of the populations versus three to four thousand
- 1:35:15Speaker 1: actually died on nine to eleven. Imagine if that number
- 1:35:18Speaker 1: was thirty thousand or forty thousand, then it would be
- 1:35:21Speaker 1: the same impact on the population as it was in Israel. Right,
- 1:35:32Speaker 1: equal to reality? Says in case you did not see
- 1:35:35Speaker 1: my other chat, what are some good red flags to
- 1:35:40Speaker 1: write off close family members? What lines that should not
- 1:35:45Speaker 1: be crossed both left and right? Well, I mean it's
- 1:35:49Speaker 1: hard to tell. I mean, obviously hatred, nihilism, racism, and
- 1:35:54Speaker 1: anti Semitism are red lines, I think. But you should
- 1:35:58Speaker 1: be in a position to be to say I disagree
- 1:36:01Speaker 1: with them when they sound off something really really bad.
- 1:36:03Speaker 1: And if they are exhibit real hostility when you do that,
- 1:36:07Speaker 1: and and they make it really uncomfortable and unpleasant to
- 1:36:10Speaker 1: be around, then you have to really ask yourself is
- 1:36:14Speaker 1: it worth being around them? Yeah? And says thoughts on
- 1:36:23Speaker 1: Dictator from Day One by rub Tsinski. Rob Tainsky has
- 1:36:27Speaker 1: this book about Trump called Dictator by Day from Day One,
- 1:36:33Speaker 1: and look, when it comes to Trump, I agree with
- 1:36:39Speaker 1: Trasinski his writings on Trump the extent that I've read them,
- 1:36:45Speaker 1: being right on points. And my guess is I haven't
- 1:36:47Speaker 1: read the book. Is that we agree completely about Trump,
- 1:36:53Speaker 1: but Trump's uh, you know, authoritarian inclinations and general evil.
- 1:36:59Speaker 1: Uh So I probably probably would agree with Chasinski's book
- 1:37:09Speaker 1: if I read it, but I haven't read it and
- 1:37:13Speaker 1: don't intend to. Hey, Ron, have you seen talked about SOA?
- 1:37:18Speaker 1: To open Aiy's newest video ai Also have you seen
- 1:37:22Speaker 1: Figure one robot can walk and do dishes? Tech is
- 1:37:26Speaker 1: so cool. Yeah, text is very cool. I just downloaded
- 1:37:29Speaker 1: SOA too and trying to play around with it. I
- 1:37:33Speaker 1: don't know exactly how it works and how to make
- 1:37:35Speaker 1: it work, so a play around, but you know, I'm
- 1:37:41Speaker 1: sure it's unbelievably cool. Tech is unbelievably cool. I've seen
- 1:37:46Speaker 1: some of the stuff that robots can do. Robots are
- 1:37:50Speaker 1: the future, there's no There's no question about that. And
- 1:37:58Speaker 1: you know, robots are gonna are going to change the
- 1:38:01Speaker 1: world in which we live for the better. And they
- 1:38:05Speaker 1: are coming. They're coming, They're coming for you. Beware all right, Listenda,
- 1:38:10Speaker 1: have you seen in the Line of Fire with condition
- 1:38:12Speaker 1: who recently watched it and enjoyed it a lot? With
- 1:38:15Speaker 1: my is that way? He's like a secret Service agent
- 1:38:19Speaker 1: and he takes a bullet for the president. Yeah, I mean,
- 1:38:24Speaker 1: I really liked that. I enjoyed that movie. That's a
- 1:38:26Speaker 1: long time ago from the I'm just looking online from
- 1:38:30Speaker 1: the nineties, early nineties. Yeah, I enjoyed that movie. It
- 1:38:33Speaker 1: was a good action movie, good action movie. Thank you listened?
- 1:38:40Speaker 1: All right, guys, only thirty four dollars left to make
- 1:38:44Speaker 1: a goal. It would just be nice to be able
- 1:38:46Speaker 1: to say, another day, another goal met. We didn't miss
- 1:38:50Speaker 1: it today. So help us get to that point. Help
- 1:38:57Speaker 1: us get to that point. Yeah, Atlent in that movie
- 1:39:00Speaker 1: really is heroic. He's a real hero, all right. Paul
- 1:39:07Speaker 1: b W Who's b W interviewed Barrett Oh Barye Wise
- 1:39:12Speaker 1: interviewed Barrett. I liked her comment that the Constitution was
- 1:39:16Speaker 1: more than the words, but also the body of people
- 1:39:20Speaker 1: upholding it, but mostly ignored abortion and the perverted Ninth
- 1:39:25Speaker 1: Amendment into interpretation. Yeah, I mean, I've just seen bits
- 1:39:32Speaker 1: of it. I haven't seen the full the full interview,
- 1:39:37Speaker 1: Barrett strikes me as all the more intelligent than I expected. Sadly,
- 1:39:42Speaker 1: she has a very bad view of abortion, and still
- 1:39:47Speaker 1: even the better Republicans have a bad view of the
- 1:39:49Speaker 1: ninth Amendment. But she's better than expected. I'll give her that.
- 1:39:55Speaker 1: She's better than expected it to be. So it's gonna
- 1:39:59Speaker 1: be interesting. This next term of the Supreme Court, where
- 1:40:02Speaker 1: they're going to make a lot of Trump decisions, is
- 1:40:04Speaker 1: going to be super interesting. It's going to be interesting
- 1:40:07Speaker 1: to see whether they have the courage, they have the fortitude,
- 1:40:11Speaker 1: the courage to stand up to Trump and to put
- 1:40:14Speaker 1: him in his place. I mean, I think the tariff
- 1:40:19Speaker 1: is a no brainer, not constitutional, and there are a
- 1:40:21Speaker 1: number of these issues that are no brainers. And the
- 1:40:23Speaker 1: question is will the quotes stand up to him and
- 1:40:26Speaker 1: do it. He's going to present it as you know,
- 1:40:30Speaker 1: you're going to destroy the country if you do. He
- 1:40:32Speaker 1: really is nigging. Have to resist resist that somehow. All right,
- 1:40:40Speaker 1: Lucinda says, let's reach the goal. All right, We're only
- 1:40:43Speaker 1: twenty three dollars away from the goal, so it is reachable.
- 1:40:47Speaker 1: And that was the last question. So anybody want to
- 1:40:50Speaker 1: get us to the goal by doing a twenty three
- 1:40:52Speaker 1: dollars stick up by asking a question? Now is the
- 1:40:56Speaker 1: time to do it? All right? We will have a
- 1:40:59Speaker 1: show tomorrow. Oh I'm not sure about the time tomorrow,
- 1:41:03Speaker 1: but I think it's about the same time as today.
- 1:41:06Speaker 1: Maybe maybe it's a little later tomorrow. Let's see tomorrow. Oh,
- 1:41:10Speaker 1: tomorrow will be at four pm eas Con time. So
- 1:41:13Speaker 1: tomorrow we'll have a show at four pm East Coast time.
- 1:41:16Speaker 1: Probably no show on Friday, and and we'll see if
- 1:41:23Speaker 1: I can do a show over the weekend. I'm attending
- 1:41:25Speaker 1: a wedding and there's parties and the wedding stuff, and
- 1:41:31Speaker 1: but we'll try to do something beforehand to get it done.
- 1:41:35Speaker 1: So that is the that is the plan. Definitely be
- 1:41:39Speaker 1: back on Tuesday, but tomorrow it will be show. All right,
- 1:41:43Speaker 1: We've got Leven did a three dollars stick I thank
- 1:41:46Speaker 1: you Lyven. Listender did a twenty five u O sticker,
- 1:41:50Speaker 1: so thank you Listender that got us to the goal.
- 1:41:53Speaker 1: And then Ron did a sixty chicker question. Do you
- 1:42:00Speaker 1: think the current repull market stress and upcoming QE upcoming
- 1:42:05Speaker 1: QE will finally expose them all bankruptcy of Fiat money
- 1:42:09Speaker 1: pushing a significant number of investors towards gold ps coming
- 1:42:13Speaker 1: to listen to you in Vienna in November. Cool. Cool, No,
- 1:42:18Speaker 1: I don't think so. I don't see why this is
- 1:42:22Speaker 1: it for Fiat money. I think it's going to take
- 1:42:24Speaker 1: a lot more than what's happening right now. I also
- 1:42:29Speaker 1: think that, you know, I'm not sure investors should be
- 1:42:33Speaker 1: in gold. Why is gold worth four thousand? If gold
- 1:42:37Speaker 1: became money tomorrow, is four thousand the level it would
- 1:42:41Speaker 1: which should be converted into dollars? I don't know right
- 1:42:46Speaker 1: so it's not clear to me that gold right now
- 1:42:50Speaker 1: reflects reality anymore than any other asset class. I think
- 1:42:53Speaker 1: gold is a speculative asset and is being speculated on.
- 1:42:59Speaker 1: But no, I do not predict the imminent fall and
- 1:43:05Speaker 1: the disappearance of fiat moneys. I just don't see that
- 1:43:08Speaker 1: happening yet. Thanks Ron, run, I really appreciate it and
- 1:43:14Speaker 1: look forward to seeing you in Vienna. Tom says one
- 1:43:17Speaker 1: hundred dollars or no, one hundred pounds sterling. Thank you, Tom,
- 1:43:21Speaker 1: really appreciate this. Thank you Ron. Keep up the great work.
- 1:43:24Speaker 1: Appreciate your analysis. Thank you Tom. That definitely gets us
- 1:43:28Speaker 1: way beyond the goal. That's great. When are you're next
- 1:43:31Speaker 1: in the UK so I can come see you live
- 1:43:33Speaker 1: ask equal to reality. I'm not going to be in
- 1:43:36Speaker 1: the UK this trip to Europe in October November probably
- 1:43:40Speaker 1: be in UK in either February or March of next
- 1:43:44Speaker 1: year early February, March, sorry late February, early March, or
- 1:43:51Speaker 1: otherwise in April, but definitely be there and I'm trying
- 1:43:54Speaker 1: to arrange events. I might be doing a debate for
- 1:43:57Speaker 1: the Spectator, maybe a debate at Oxford for the High Society.
- 1:44:04Speaker 1: So number of things in the works for then. I'm
- 1:44:08Speaker 1: trying to trying to kind of wrap up my schedule
- 1:44:10Speaker 1: for the next year, but that that'll probably be the
- 1:44:12Speaker 1: time when I come to the UK. Won't be this trip, unfortunately,
- 1:44:17Speaker 1: won't be able to won't be making it. This trend
- 1:44:21Speaker 1: thank you. Equal to Reality Andrew says, are you looking
- 1:44:24Speaker 1: to revive Rules for Life? Just do some shows consistent
- 1:44:27Speaker 1: with them? I just do someselves consistent with them. I
- 1:44:31Speaker 1: did twenty Rules for Life. I'm not sure what reviving it.
- 1:44:35Speaker 1: But look, here's the point. If anybody has ideas on
- 1:44:39Speaker 1: structuring of Rules for like like series of shows, I'm interested.
- 1:44:46Speaker 1: I'm just out of ideas. So if you, if you
- 1:44:48Speaker 1: think about how it should be presented, structure, what should
- 1:44:53Speaker 1: be the umbrella, let me know. I'm open to ideas,
- 1:44:57Speaker 1: whether it's bringing it back, doing it like I did originally.
- 1:45:01Speaker 1: Whether it's doing something completely different, let me know. But
- 1:45:05Speaker 1: those kind of shows apply applying objectivism to our lives.
- 1:45:10Speaker 1: I'd like to do at least one a week that way.
- 1:45:13Speaker 1: That's like that, but it would be hopeful to get
- 1:45:17Speaker 1: guidance from you guys what you think would work, given
- 1:45:21Speaker 1: that you've already heard the rules for life, and where
- 1:45:24Speaker 1: you think we should take it next. All right, everybody,
- 1:45:28Speaker 1: I will see you tomorrow four pm, East Coast. I
- 1:45:33Speaker 1: thanks you guys, were great and we blew away the target.
- 1:45:36Speaker 1: So thank you, thank you, Thank you really really appreciate it.
- 1:45:39Speaker 1: Thanks Listenda for getting at them and poking them and
- 1:45:44Speaker 1: encouraging them. Thanks guys, see tomorrow, Bye everybody,