Latest / Yaron Brook Show / Davos -- Greenland, EU, European Defense, Ukraine, Iran; Fed & SCOTUS | Yaron Brook Show
Transcript
- 0:02Speaker 1: A lot of them, fundamental principles of the rational self
- 0:08Speaker 1: interest and the individual wis.
- 0:14Speaker 2: This is the show, all right, everybody, welcome to your
- 0:22Speaker 2: own book show on this Wednesday, January twenty First, we
- 0:27Speaker 2: can be talking all things Davos, Davos.
- 0:31Speaker 1: World economic or the bastion of the globalists, but there
- 0:37Speaker 1: was Trump. All right. Yeah, so we're gonna talk a
- 0:42Speaker 1: variety of different found policy issues. Again, phone policy, it's
- 0:47Speaker 1: it's it's at the top of the news, that's what's happening.
- 0:51Speaker 1: And most of the news coming out of Dallas, some
- 0:55Speaker 1: out of Iran or out of the US troops around Irun.
- 0:59Speaker 1: And then finally we will talk about the hearing today
- 1:04Speaker 1: about the Federal Reserve, the ability of the President of
- 1:07Speaker 1: the United States to fire the a board member on
- 1:12Speaker 1: the Federal Reserve, and that was in front of the
- 1:16Speaker 1: Supreme Court today with all kinds of potential ramifications. But
- 1:22Speaker 1: we'll talk about that briefly because we'll talk about more
- 1:25Speaker 1: when the decision comes down sometimes in the future, because
- 1:28Speaker 1: who knows now the Streame Court doesn't seem to want
- 1:30Speaker 1: to make decisions if they might not favor Trump. All right, First,
- 1:35Speaker 1: we have to update you on Greenland. I mean, the
- 1:41Speaker 1: most important issue obviously of the millennium, and it's it
- 1:47Speaker 1: keeps changing. Stuff keeps changing. And so where were we.
- 1:52Speaker 1: We were over the weekend, Trump saying he was going
- 1:57Speaker 1: to put tariffs on on on Europe unless they gave
- 2:03Speaker 1: him Greenland. Uh. There was also insinuations that he might
- 2:07Speaker 1: use force against Greenland. Uh. Today, I think before his
- 2:12Speaker 1: speech or during his speech, very close to his speech today,
- 2:16Speaker 1: the European Parliament voted to suspend the trade deal with
- 2:21Speaker 1: the United States. UH. If you know, because Trump was
- 2:27Speaker 1: gonna raise tariffs on Europe starting February one. You up
- 2:31Speaker 1: said we're gonna we're gonna suspend the trade deal that
- 2:34Speaker 1: we negotiate with you about tariffs. Uh. And then Trump
- 2:38Speaker 1: got up and gave a speech. We'll talk about the
- 2:41Speaker 1: speech in a little bit, but in the speech, what
- 2:43Speaker 1: he said was, I won't use force on Greenland. You
- 2:48Speaker 1: guys think I was going to use force, but I
- 2:49Speaker 1: won't use force in Greenland. But you should tell me Greenland.
- 2:51Speaker 1: You should give me Greenland. We get nothing from NATO.
- 2:54Speaker 1: I'm asking you for a favor. Give me Greenland. Everything
- 2:57Speaker 1: will be okay. So a he took force off the
- 3:01Speaker 1: table you should see in the markets. As soon as
- 3:03Speaker 1: he said that, like as soon as he said that,
- 3:06Speaker 1: stocks went up, bond prices went up, so yields went down,
- 3:10Speaker 1: and all returned to sanity in the world, or at
- 3:13Speaker 1: least seemingly so. So Trump a threatened force that ain't happening.
- 3:19Speaker 1: He threatened tariffs. Now after his speech and after he
- 3:24Speaker 1: met with the Secretary General of NATO. This is what
- 3:28Speaker 1: Trump published. So this is as of I don't know,
- 3:32Speaker 1: just a little bit ago, about a half an hour ago.
- 3:36Speaker 1: Trump says, based upon a very productive meeting that I
- 3:39Speaker 1: had with the Secretary General of NATO, Mark Ute, we
- 3:43Speaker 1: have formed the framework for a future deal with respect
- 3:45Speaker 1: to Greenland and in fact the entire Arctic region. The solution,
- 3:49Speaker 1: if consummated, I will be it will be a great
- 3:52Speaker 1: one for the United States of America and all NATO nations.
- 3:56Speaker 1: Based upon this understanding, I will not be imposing tariffs
- 4:00Speaker 1: that will schedule to go into effect on February first.
- 4:03Speaker 1: Additional discussions are being held concerning the Golden Dome as
- 4:06Speaker 1: it pertains the Greenland. Further information will be made available
- 4:09Speaker 1: as discussions progress. Vice President JD. Van, Secretary of State Willio.
- 4:13Speaker 1: Special Envoy Steve Whitdcuff will get to Witcuff later and
- 4:16Speaker 1: various others as needed, will be responsible for the negotiations.
- 4:20Speaker 1: They will will put directly to me, thank you for
- 4:22Speaker 1: your attention on this matter. So no tariffs now. So
- 4:27Speaker 1: Trump is basically back down on the whole thing, the negotiating.
- 4:32Speaker 1: You know, I told you what the negotiations. I think
- 4:35Speaker 1: I said this in a past show what the negotiations
- 4:37Speaker 1: would land up being. I mean, Denmark is not going
- 4:40Speaker 1: to just give in and give the United States SAT.
- 4:42Speaker 1: So it's not going to Greenland. It's not going to
- 4:45Speaker 1: sell Greenland. Basically, what is going to happen is some
- 4:52Speaker 1: kind of agreement which exists alrady in place, but it
- 4:57Speaker 1: will be touted as this breakthrough agreement. When NATO is
- 5:01Speaker 1: gonna join the Golden Dome. Uh, you know, maybe no
- 5:06Speaker 1: way in Iceland. That on the on the Iceland, the
- 5:09Speaker 1: country he kept confusing with Greenland during his speech. Iceland.
- 5:14Speaker 1: They they will participate in the Golden Dome, or maybe
- 5:16Speaker 1: they will have more naval bases to control the Arctic.
- 5:20Speaker 1: America will have more troops in Greenland. America will be
- 5:24Speaker 1: made given responsibility for something around the protection that we're
- 5:28Speaker 1: able to do what they want in terms of in
- 5:31Speaker 1: terms of Golden Dome and Greenland, all things could have
- 5:34Speaker 1: had without any threats, without any any to radaa, you know,
- 5:39Speaker 1: a big song and dance about Greenland. They could have
- 5:42Speaker 1: gotten anyway. They could have gotten it anyway in that
- 5:45Speaker 1: States could have gotten anyway. And that'd be some deal
- 5:47Speaker 1: where the sovereignty stays for Denmark and the United States
- 5:51Speaker 1: has an increased presence and increase use for security purposes.
- 5:56Speaker 1: And maybe what happens at the same time is that
- 5:59Speaker 1: there's some referendum in Greenland about independence, stay with Denmark,
- 6:04Speaker 1: sell to the United States, and the Greenlanders get to
- 6:07Speaker 1: decide which one. That is. In my view of the
- 6:11Speaker 1: conto of what a deal will look like, that kind
- 6:15Speaker 1: of a deal was available months ago. The United States
- 6:20Speaker 1: has always had the ability to increase its troops in
- 6:22Speaker 1: Greenland and Irondome and all that. But Trump will viewed
- 6:25Speaker 1: as a victory. But he won't get to call Greenland
- 6:28Speaker 1: the United States of America. And you'll see over the
- 6:31Speaker 1: next weeks the whole story of Greenland would just fade
- 6:35Speaker 1: into oblivion. As I think Trump, I think right who
- 6:39Speaker 1: knows who Trump as I think Trump basic is, will
- 6:43Speaker 1: discover that there's just no upsite like what happened right
- 6:47Speaker 1: He threatened military action. Congress I mean Republican senator said
- 6:53Speaker 1: if we invade Greenland, he's going to be impeached. They
- 6:56Speaker 1: literally told him that. So that's off the table. And
- 7:00Speaker 1: then terriffs, Well, if you look at if you look
- 7:05Speaker 1: at the polls, how many Americans want the United States
- 7:10Speaker 1: to buy Greenland? Almost none. There's just no appetite for this.
- 7:15Speaker 1: Nobody wants this, nobody cares about this. So is he
- 7:19Speaker 1: going to get into the whole trade war with Europe?
- 7:21Speaker 1: And you threatening not only to suspend the agreement they
- 7:25Speaker 1: had with the United States, but also they impose these big,
- 7:29Speaker 1: vast restrictions in American companies being able to do business
- 7:32Speaker 1: in Europe. His business friends called him up, his polling
- 7:36Speaker 1: company called him up, and they all said, now, you know, Greenland,
- 7:38Speaker 1: this is not the hill you want to die of.
- 7:41Speaker 1: So he's found a way, an elegant way, got to
- 7:43Speaker 1: deal with Hute to back down, back out of it.
- 7:47Speaker 1: And so it's an un issue. It's gone. I think
- 7:51Speaker 1: it's this particular period of insanity visa E. Trump is
- 7:59Speaker 1: is at an end for now. I don't know for now.
- 8:07Speaker 1: That is my best guess, right, the best guess. And
- 8:10Speaker 1: of course Trump fans are going to say, wow, what
- 8:13Speaker 1: a brilliant four D chess move. He threatened them just
- 8:17Speaker 1: in the right way, and he's got concession from them.
- 8:20Speaker 1: But all the concessions, my guess that he is going
- 8:22Speaker 1: to get from the Europeans were concessions. We're not really concessions.
- 8:25Speaker 1: The things the Europeans were quite happy to give him
- 8:28Speaker 1: even before he made a big deal out of this.
- 8:30Speaker 1: But he's realized while he cares about Greenland, while he
- 8:34Speaker 1: wants this big of Greenland, nobody else really does. Nobody
- 8:40Speaker 1: else really does. Anyway, That's what I think is happening.
- 8:48Speaker 1: And again I'll say this again that the EU is
- 8:51Speaker 1: basically is basically yeah, I mean, okay, I mean I'm
- 9:05Speaker 1: reading this note from Raphael and it's kind of right.
- 9:09Speaker 1: It's kind of surprising me. So I told you yesterday.
- 9:12Speaker 1: I think about this thing about EU inc where you
- 9:15Speaker 1: can sign up to a sign up on one platform
- 9:19Speaker 1: in the EU and get incorporated and it covers you
- 9:22Speaker 1: in the entire EU and you get you get all
- 9:25Speaker 1: the people work down forty eight hours and you get
- 9:26Speaker 1: a license to do business super relatively speedy. I mean
- 9:30Speaker 1: New Zealand takes half a day, but three or three hours,
- 9:33Speaker 1: I think. But okay, so it's it's uh. This is
- 9:37Speaker 1: a huge uh, trying to get rid of redd ink
- 9:41Speaker 1: in Europe and trying to increase its its competitiveness and
- 9:46Speaker 1: and get rid of regulations because regulations will barrier to
- 9:49Speaker 1: doing this anyway. Rafael, who is writing from Portugal, says,
- 9:56Speaker 1: you mentioned the eu INC proposal that I can tell
- 9:59Speaker 1: you and I I can tell you that the person
- 10:01Speaker 1: who drafted it already had a high dose of ran
- 10:05Speaker 1: Brook ideas I know the person. Now, I'm intrigued. I'm
- 10:12Speaker 1: really curious. I don't know if I was gonna send
- 10:14Speaker 1: me an email and tell me what this is all
- 10:16Speaker 1: about or you know, we're just I'm gonna have to
- 10:23Speaker 1: corner him in April when I see him to find
- 10:25Speaker 1: out what this is all about. But supposedly the guy
- 10:28Speaker 1: who drafted the eu INC proposal that has been approved
- 10:33Speaker 1: by the European Parliament is has some exposure to me.
- 10:39Speaker 1: That's good. That's good. I'll take that all right. Thank
- 10:49Speaker 1: youfl thanks for letting me know, I like stuff like that.
- 11:01Speaker 1: Let's see, Oh right, so that's Greenland. I think. I
- 11:06Speaker 1: don't know there's much more about Greenland because the statement
- 11:10Speaker 1: came out. I was going to talk about the U
- 11:12Speaker 1: US trade deal that the Europeans that were drawn, We're going
- 11:15Speaker 1: to withdraw farm. I assume that's not pass because the
- 11:19Speaker 1: the TAFs are gone. So a lot of my talking
- 11:21Speaker 1: points on Greenland just went proof because Trump basically said
- 11:25Speaker 1: Greenland went proof. But it's not an issue anymore. So
- 11:30Speaker 1: let's uh uh yep. I mean, that's another one. I've
- 11:36Speaker 1: got all these stories lined up to talk about that.
- 11:38Speaker 1: But one thing is One thing is clear though, and
- 11:44Speaker 1: that is the Europe. This has been a wake up
- 11:48Speaker 1: call for Europe and a lot of the speakers in Davos.
- 11:53Speaker 1: You saw Connie. We talked about Connie yesterday, but a
- 11:57Speaker 1: lot of the speakers in Europe, including the what's sulla
- 12:00Speaker 1: vunder Leaden Leon who is a persident of European Commissioner,
- 12:05Speaker 1: all these people have talked significantly about the need for
- 12:10Speaker 1: Europe to become more independent of the United States, to
- 12:16Speaker 1: become uh too, to become more from a military military perspective,
- 12:23Speaker 1: more independent from a political perspective, a more independent and
- 12:27Speaker 1: from an economic perspective, a more independent and in that
- 12:31Speaker 1: respect Europe needs to you know, uh DE regulate and
- 12:39Speaker 1: encourage economic growth and encourage innovation within Europe and reduced
- 12:43Speaker 1: dramatically the dependency on the United States and an innovation
- 12:47Speaker 1: in the United States. So it is it's definitely a
- 12:52Speaker 1: wake up call. You know, you can you can watch
- 12:55Speaker 1: uh vunder Leyanus speech about this, about the need for
- 13:01Speaker 1: Euopean independence. And of course, as I said, they stood
- 13:05Speaker 1: up to the US earlier today by saying we are
- 13:09Speaker 1: going to walk away from this trade deal. Although I
- 13:15Speaker 1: have to say, you know, all this positive news about Europe,
- 13:19Speaker 1: there's one really negative negative a piece about Europe as well.
- 13:25Speaker 1: Why is why be speaking at half speed today because
- 13:28Speaker 1: you're listening live. I was listening to Trump's speech in DeVos,
- 13:34Speaker 1: and I was listening in one and a half times,
- 13:36Speaker 1: and I can't stand Trump, so it was still this meandering,
- 13:40Speaker 1: going nowhere stuff. So I raised it to like two
- 13:44Speaker 1: two point one and it was perfect. I can listen
- 13:48Speaker 1: to Trump at like two point twenty five. I'm good.
- 13:52Speaker 1: I'm good because all the bs just goes by fast
- 13:56Speaker 1: and fast, is good when you're talking, when you're listening
- 13:59Speaker 1: to bs, I hope you don't listen to me at
- 14:01Speaker 1: two point zero times in order to get over other bs,
- 14:06Speaker 1: to get to the juicy pots, to get over the bs. Anyway,
- 14:10Speaker 1: I'm told it is pronounced lion lyon in lion, lion
- 14:16Speaker 1: like a lion, lion and lion all right, lion, all right?
- 14:23Speaker 1: What was I saying? Oh? Yeah, I wanted to say
- 14:26Speaker 1: something negative about the EU. I've got a lot of
- 14:29Speaker 1: negative to say about the EU, but this movement towards
- 14:31Speaker 1: less regulation more independence in the US and I and
- 14:34Speaker 1: I complimented them on this amazing free treat free trade
- 14:38Speaker 1: deal that was signed with South America. Well, guess what,
- 14:44Speaker 1: I guess it was yesterday. I guess the European Parliament
- 14:46Speaker 1: is in session right now and they're doing stuff. Yesterday
- 14:51Speaker 1: they they referred the treaty, this treaty, trade treaty with
- 14:58Speaker 1: Latin American countries too, like the European High Courts or
- 15:02Speaker 1: something on some issue for the whole icote to say
- 15:06Speaker 1: that this was okay, legal, I don't know what the
- 15:09Speaker 1: deal is. And by doing that, they basically at least
- 15:13Speaker 1: delayed the implementation of the trade deal by one year.
- 15:17Speaker 1: So it's like, God, you stupid Europeans, Like you're taking
- 15:22Speaker 1: a step in the right direction, you're moving in the
- 15:24Speaker 1: right direction, you're going there, and then bam, you take
- 15:27Speaker 1: two steps backwards. I mean, what the hell? You don't
- 15:34Speaker 1: have a lot of time. Don't have a lot of time.
- 15:39Speaker 1: You know. A big part of the separation between Europe
- 15:44Speaker 1: and the United States, a big part of the ability
- 15:47Speaker 1: to separate and be more independent, is an issue of
- 15:50Speaker 1: national defense. And so there was a whole panel at
- 15:56Speaker 1: Davos about can Europe survive without the United States? Can
- 16:00Speaker 1: it defend itself without the United States? And one of
- 16:05Speaker 1: the members on this panel was the President of Finland,
- 16:08Speaker 1: who you know, I'm pretty impressed with when I've seen
- 16:12Speaker 1: him in the past, and was impressive on the panel.
- 16:15Speaker 1: I thought i'd show you two short pieces from that
- 16:20Speaker 1: which I basically agree with h in a sense of
- 16:25Speaker 1: what he's saying. I think, I think, let me just
- 16:30Speaker 1: see which one I want to say first. Yeah, I
- 16:37Speaker 1: think this is the one. I've got to two clips.
- 16:41Speaker 1: It's in two clips. I'll show you these clips, but
- 16:47Speaker 1: basically is being asked, can Finland can can can can
- 16:52Speaker 1: you defend itself against Russia basically without the United States.
- 16:56Speaker 1: And this is his answer.
- 16:59Speaker 3: To answers first, is a direct answer to the question
- 17:02Speaker 3: of this panel. Can Europe defend itself? My answer is
- 17:05Speaker 3: unequivocally yes.
- 17:06Speaker 1: Good for him, Absolutely Europe can and unequivocally yes is
- 17:11Speaker 1: the right answer, and it's it's it's it's the answer
- 17:15Speaker 1: that Putin needs to hear. It's the answer that Europe's
- 17:18Speaker 1: enemies need to hear. So unequivocally yes, it is absolutely
- 17:22Speaker 1: the right answer, not just for propaganda reasons, but because
- 17:25Speaker 1: it's obvious. It's obvious.
- 17:29Speaker 4: Without the Americans.
- 17:31Speaker 3: Without the Americans, I mean, how well, look.
- 17:34Speaker 4: But you're relying on them for these key elements. How
- 17:37Speaker 4: would you do it at scale and at duration with.
- 17:40Speaker 3: An assumption that the United States would cut off completely
- 17:43Speaker 3: any kind of work. Well, if we look at the
- 17:45Speaker 3: defense composure of Europe by and large in a country
- 17:48Speaker 3: like Finland, So how do we do it? We have
- 17:52Speaker 3: conscription one million, have done it. We can mobilize two
- 17:56Speaker 3: hundred and eighty thousand soldiers within weeks. We have sixty
- 18:00Speaker 3: two f eighteens. Their next question is going to be
- 18:03Speaker 3: do they fly without Americans? No, they don't. But do
- 18:05Speaker 3: we trust that they will continue to fly because it's
- 18:08Speaker 3: in the interest of America to do so. Yes, we
- 18:10Speaker 3: just bought sixty four F thirty five's. We have the
- 18:13Speaker 3: biggest artillery in Europe together with Poland. We have long
- 18:17Speaker 3: range missiles land, sea and air. We don't have this
- 18:22Speaker 3: because we're worried about Sockholm, right, So you know, the
- 18:25Speaker 3: bottom line is that if you ask me the question
- 18:27Speaker 3: that can the Finnish military defend itself against a Russian
- 18:31Speaker 3: attack the whole defense composture of the way in which
- 18:34Speaker 3: you do it, yes we can.
- 18:36Speaker 1: So to Basically, the answer is Finland by itself could
- 18:40Speaker 1: defend itself against Russia. Now, assuming and he says this,
- 18:45Speaker 1: that the United States doesn't cut off space parts and
- 18:49Speaker 1: doesn't have a akill switch on the airplanes, that's the assumption,
- 18:53Speaker 1: but sort of that right, without any US help, without
- 18:56Speaker 1: any US money, without any US troops, without any US aircraft,
- 19:00Speaker 1: with that any US planes, just the planes of Finland,
- 19:03Speaker 1: hairs and the artillery they have and the soldiers that
- 19:07Speaker 1: they have and put aside conscription, they can defend against Russia.
- 19:10Speaker 1: They've done in the past, and Russia's much weaker today,
- 19:14Speaker 1: So yes they can, and it's time that Europe got
- 19:18Speaker 1: itself together, got some spine, got some self esteem, got
- 19:23Speaker 1: some confidence and said to Russia, we will wipe you out.
- 19:28Speaker 1: I mean, other than nuclear weapons, your toast. If you
- 19:32Speaker 1: try on us, you really toast. You can't defeat the
- 19:35Speaker 1: Ukrainians who don't even really have a military, at least
- 19:38Speaker 1: didn't have a military when you invaded them. Today they do,
- 19:43Speaker 1: they didn't have a military. You think that you can
- 19:47Speaker 1: take us on, You have no clue what you're talking about.
- 19:51Speaker 1: And of course we've seen what F thirty five's can
- 19:53Speaker 1: do the Russian nay defense systems. We started in Iran,
- 19:56Speaker 1: we started in Venezuela. I mean, it's no contest. What
- 20:00Speaker 1: are you talking about, people, no contest. Finland by itself, filaned,
- 20:06Speaker 1: by itself, could stop the Russians. Well I couldn't. Probably,
- 20:11Speaker 1: you know, it's not going to take Moscow, but it
- 20:12Speaker 1: could stop the Russian It's not going to take Moscow
- 20:14Speaker 1: postically because the Russians who have nukes. Let's listen to
- 20:20Speaker 1: this as well, because I think this is excellent as well.
- 20:23Speaker 1: Another little segment from the President of Finland describing what
- 20:27Speaker 1: they're up against what is Russia? What's this enemy?
- 20:31Speaker 3: Look what has Russia achieved in the past four years.
- 20:36Speaker 3: It's acquired twenty percent of the territory of Ukraine through
- 20:41Speaker 3: military warfare, roughly two percent. In the process of doing that,
- 20:46Speaker 3: it has provided about one million casualties. And then it
- 20:53Speaker 3: has decreased its sphere of influence. You can see the
- 20:57Speaker 3: Central Asian countries, you can see the southern focuses detaching
- 21:01Speaker 3: themselves from the Russian Empire. You look at the Russian
- 21:05Speaker 3: economy right now. If we go with the inflation rates
- 21:09Speaker 3: of the two first weeks, we're looking at thirty percent
- 21:11Speaker 3: inflation this year, sixteen percent interest rates, zero growth, no
- 21:17Speaker 3: more reserves, incapacity to pay the soldiers when the war ends.
- 21:22Speaker 3: So I'm more worried about Russia's unwillingness to end this
- 21:27Speaker 3: war because they cannot afford to do so, than about
- 21:31Speaker 3: Russia's capability to win this war, because not end this
- 21:35Speaker 3: war because they're moving ahead. So let's keep things into perspective.
- 21:39Speaker 3: NATO hasn't entered the scene yet, and they have not
- 21:43Speaker 3: been able to advance in the past four years as
- 21:46Speaker 3: much as expected. This war has been an utter strategic
- 21:50Speaker 3: failure of President Putin. He increased the size of NATO,
- 21:54Speaker 3: he made Ukraine European, he increased the defense budgets of
- 22:00Speaker 3: European states. And here we are asking ourselves shaking, are
- 22:04Speaker 3: we able to defend ourselves?
- 22:05Speaker 1: My answer is yes, we are. Look that is perfect
- 22:09Speaker 1: and really, I mean you'd think that a speech right
- 22:13Speaker 1: also listened to you on book show, because that's basically
- 22:16Speaker 1: been my line for what since since for three years?
- 22:19Speaker 1: Three or the four years maybe four years, you know,
- 22:22Speaker 1: the extent to which basically Putin this has been a massive,
- 22:28Speaker 1: massive strategic mistake for him, and that it has dramatically
- 22:32Speaker 1: weakened Russia and as he said, fewer friends, smaller realm
- 22:39Speaker 1: of influence. NATO has expanded. You forget, you know Sweden
- 22:46Speaker 1: and Finland or not was a Sweden and Finland. We're
- 22:49Speaker 1: now members of NATO. Before this war h you know,
- 22:55Speaker 1: and destroyed, utterly destroyed the Russian economy, utterly destroyed the
- 22:59Speaker 1: Russian economy. And he is on every single one of
- 23:04Speaker 1: those points, absolutely right, absolutely right. What happens when put
- 23:09Speaker 1: In can't pay all the soldiers because he has no money,
- 23:12Speaker 1: because the economy is truly in shambles. So does Europe
- 23:19Speaker 1: should fear Russia? No, Now, you know, Russia has nukes,
- 23:24Speaker 1: but so do the Brits, and so do the French.
- 23:32Speaker 1: And Russia's more, but it doesn't take that many. And
- 23:37Speaker 1: does Russia really want and you clear, war with Europe?
- 23:40Speaker 1: Does Russia really want to commit suicide? I'm skeptical about that.
- 23:44Speaker 1: I don't think they do. But yeah, I mean so yeah.
- 23:51Speaker 1: I don't know if there are any Finns listening. But your
- 23:54Speaker 1: president is cool. I like him. I don't know. I
- 24:00Speaker 1: don't know if he's good on other issues. I hope
- 24:04Speaker 1: he is, but on the probably not given this Finland,
- 24:07Speaker 1: but on this issue, on the issue of national defense,
- 24:11Speaker 1: which is a crucial issue, I think he's very good
- 24:13Speaker 1: and absolutely right, and I think the Europeans need to
- 24:16Speaker 1: stop fearing and you know, maybe even at some point
- 24:22Speaker 1: go to the Americans and invite them to leave, because
- 24:27Speaker 1: that's what they're gonna need, instead of living under this
- 24:30Speaker 1: thread of we're gonna leave, We're gonna leave you that
- 24:32Speaker 1: Trump and who knows who comes after him, will constantly
- 24:36Speaker 1: use as leverage against the Europeans. How about the Europeans
- 24:40Speaker 1: just say America, why don't you leave. You know, we're
- 24:46Speaker 1: hoping you will continue to supply US with weapons systems.
- 24:49Speaker 1: We'll sign long term agreements around that. We don't need
- 24:53Speaker 1: your money and we don't need your troops. Feel fe
- 24:57Speaker 1: to evacuate all the troops out out of Europe. We
- 25:01Speaker 1: don't need your military bases, you don't get your airport
- 25:04Speaker 1: in Germany, all of that out. We'll we'll need to
- 25:08Speaker 1: help when the occasion arises. You can ask us. We might.
- 25:12Speaker 1: We might jump in if we believe your cause is just,
- 25:15Speaker 1: but we're not committed to it because NATO, you know,
- 25:20Speaker 1: basically NATO from our perspective, you're no longer a member,
- 25:25Speaker 1: and Europe now will defend itself. NATO becomes a European
- 25:30Speaker 1: Alliance for the defense of Europe. If Canada wants to
- 25:33Speaker 1: stay in, why not, but not necessarily right Eurepean Alliance
- 25:38Speaker 1: for the defense of Europe. I think that's how it
- 25:40Speaker 1: always should have been. Suddenly, starting from the nineteen sixty seventies,
- 25:45Speaker 1: when Europe recovered from the war, I was wealthy enough
- 25:48Speaker 1: to defend itself. The United States should have left NATO
- 25:51Speaker 1: back then, cuddainly. Once a building wall came down the
- 25:55Speaker 1: United States should have left NATO, and now it's timeful
- 26:00Speaker 1: since you know, wants to keep the option of leaving
- 26:04Speaker 1: NATO has leveraged over the Europeans. Now it's time for
- 26:08Speaker 1: europe to tell the United States guys, it's time to go,
- 26:13Speaker 1: time to leave. We can take care. We'll take it
- 26:17Speaker 1: from here. He did a great job. We'll take it
- 26:19Speaker 1: from here. Russia is not that because of a threat.
- 26:22Speaker 1: We can handle it. We can handle it. Whether that
- 26:27Speaker 1: is actually what happens, I don't know, but that's my
- 26:30Speaker 1: advice to the Europeans. And since we've got people writing
- 26:33Speaker 1: laws at the European Union level who exposed to my ideas,
- 26:37Speaker 1: maybe somebody could get this one across to them as well.
- 26:41Speaker 1: I doubt they'll do it. I think they're too cowardly,
- 26:43Speaker 1: they're too afraid. I want to give you a quick
- 26:46Speaker 1: summary of Trump's speech. I don't think there's anything new,
- 26:50Speaker 1: except for the fact that he wouldn't use force on Greenland.
- 26:53Speaker 1: But of course now he's completely retracted, moved away from
- 26:56Speaker 1: trying to pressure Greenland at all, so that's irrelevant, but
- 27:01Speaker 1: it is. Uh. His speech was a typical Trump's speech,
- 27:06Speaker 1: a lot faster than usual, because I was listening at
- 27:10Speaker 1: two point one or two twenty two x speed. But anyway,
- 27:14Speaker 1: he starts off with those speech. Use is the greatest
- 27:16Speaker 1: economic success in history. It's it's best economy ever, fastest
- 27:22Speaker 1: growth ever, unbelievable, hottest country anywhere in the world. We
- 27:25Speaker 1: were dead, you know this line. We were dead under Biden.
- 27:27Speaker 1: And now with the hottest country in the world, everybody,
- 27:30Speaker 1: you know, everybody loves us because because we're so rich.
- 27:34Speaker 5: Uh.
- 27:34Speaker 1: And in Europe, non rookies noizeable not heading in the
- 27:37Speaker 1: right direction. And of course all the problems in the
- 27:40Speaker 1: United States had, and all the problems Europe has today,
- 27:43Speaker 1: all those problems they're really caused by immigration. Immigration has
- 27:46Speaker 1: to stop. Uh, this is the problem. And of course
- 27:48Speaker 1: we're doing great in Minnesota and in Ice to reverse this.
- 27:53Speaker 1: Tais have been great. You know, I forced foreign nations
- 27:57Speaker 1: to to pay US money. I till yesterday that a
- 28:01Speaker 1: study carefully looking at all the taiffs and all the
- 28:03Speaker 1: goods that were tas shows the ninety six percent of
- 28:06Speaker 1: the tasks are paid by the US, by US consumers
- 28:08Speaker 1: and US companies. But one thing is very very true
- 28:13Speaker 1: of the speech. And then he gave it Davis, the
- 28:18Speaker 1: truth had no relevance to what he was saying. No
- 28:22Speaker 1: worry about the truth. You know, he basically lied throughout,
- 28:27Speaker 1: and he made up stuff.
- 28:29Speaker 5: I know.
- 28:29Speaker 1: I don't think he makes it up. I think he
- 28:32Speaker 1: has people make up stuff for him, like inflations, this number,
- 28:38Speaker 1: and he had a number of manufacturing and factory growth
- 28:42Speaker 1: and all this stuff and all made up. They're just
- 28:45Speaker 1: not true, and somebody makes them up for him because
- 28:48Speaker 1: he doesn't actually make up the numbers. So there must
- 28:52Speaker 1: be a department of made up stuff for Trump's speeches. Yeah,
- 28:57Speaker 1: I mean, there's probably a speech right that probably has
- 29:00Speaker 1: some you know, interns that are responsible making stuff up,
- 29:07Speaker 1: making stuff up. He's cut federal spending. That's a new one.
- 29:14Speaker 1: Where does that come from? Who knows? There's no inflation
- 29:16Speaker 1: in the United States. It's under two percent according to Trump.
- 29:19Speaker 1: Factory in construction has gone through the roof. Not true.
- 29:22Speaker 1: It's actually declined dramatically, particularly if you take out ai AI,
- 29:26Speaker 1: the AI stuff. It's great corporation. With Venezuela. He loves
- 29:31Speaker 1: the people in the regime in Venezuela. They're gonna make
- 29:34Speaker 1: a lot of money. The United States is going to
- 29:36Speaker 1: be better off. They're great. No, not a word about
- 29:40Speaker 1: changing the regime, not a word about freedom and Venezuela,
- 29:44Speaker 1: not a word about the people of Venezuela. He likes
- 29:46Speaker 1: the regime, he likes working with him. They're cool, they're great.
- 29:53Speaker 1: You know, the United States is creating more energy than
- 29:55Speaker 1: any other country in the world. We're building more more electricity,
- 29:59Speaker 1: more electricity production capacity than any other country in the world,
- 30:03Speaker 1: including by the way, I don't know if you knew this,
- 30:05Speaker 1: I suddenly did not know this. I discovered this in
- 30:07Speaker 1: Trump's speech. We are, you know, building massive quantities of
- 30:13Speaker 1: nuclear energy, more than any containing the world in terms
- 30:17Speaker 1: of energy production. Now, I don't think that's true by
- 30:20Speaker 1: any close measure. The Chinese are way ahead of the
- 30:23Speaker 1: United States center producing just the shit quantity of energy
- 30:27Speaker 1: or energy per capita. China's way ahead. Of course. Trump
- 30:31Speaker 1: won a landslide election, and there was stolen from it,
- 30:38Speaker 1: and by the way, the people who stole it. This
- 30:41Speaker 1: was the other big news in the talk, the one
- 30:43Speaker 1: who was Greenland. The other one was the people who
- 30:46Speaker 1: stole the election from it. Prosecutions are coming, so expect
- 30:50Speaker 1: in the weeks and months to come that the Justice
- 30:52Speaker 1: Department will file against I don't know who exactly, but
- 30:57Speaker 1: against maybe maybe you know the guy in Jeojia, the
- 31:01Speaker 1: Republican who stood up to Trump and refused to alter
- 31:05Speaker 1: the numbers for him. Who knows who else is going
- 31:08Speaker 1: to be prosecuted in there weeks to months to come
- 31:12Speaker 1: for supposedly, you know, cooking the numbers on the twenty
- 31:16Speaker 1: twenty elections. Prosecutions are coming, he promised us. He went
- 31:20Speaker 1: to a whole criticism on green policy. You know, that's
- 31:23Speaker 1: the other thing about Trump. Once in a while, he's right.
- 31:26Speaker 1: He says things that are true. I mean, indeed, he
- 31:29Speaker 1: ended his talk with a completely true statement. Now you
- 31:32Speaker 1: know that statement wasn't him because it's not the language
- 31:35Speaker 1: he uses. But he ended the talk with something about,
- 31:38Speaker 1: you know, we need to revitalized Western civilization that brought
- 31:41Speaker 1: us out of the dark ages. I mean, no, wow,
- 31:44Speaker 1: I mean that could that could be that could be me.
- 31:46Speaker 1: And and somebody wrote it for him. And sometimes he
- 31:48Speaker 1: reached from telepumpter. Sometimes sometimes he's making stuff up. That
- 31:51Speaker 1: was a clearly read from the telepumpter from a speech
- 31:54Speaker 1: somebody made say. He talked about criticism and Greek policy.
- 31:57Speaker 1: He talks over the bonds with Europe and about his
- 32:00Speaker 1: parents being European and how European he is and how
- 32:02Speaker 1: much he loves Europe, but Europe is again going in
- 32:05Speaker 1: the wrong direction. And then he went to Greenland and
- 32:07Speaker 1: he won't use force and all this stuff. He talked
- 32:09Speaker 1: about his battleships, you know, the Trump battleship class which
- 32:13Speaker 1: is coming out that are bigger and better and more
- 32:15Speaker 1: powerful than anything ever human beings have ever seen. Oh
- 32:20Speaker 1: and then he ended a whole. This was funny. He
- 32:23Speaker 1: wented a whole, you know, the missile defense system, the
- 32:30Speaker 1: dome that he's building that is going to be in Greenland.
- 32:34Speaker 1: And as a side note, he mentioned the Irondome, Israel's Irondome,
- 32:40Speaker 1: And as part of that he says, you know the Ilandome,
- 32:45Speaker 1: we built it. It was American innovation. It was Americans.
- 32:49Speaker 1: I keep telling Bibe, he says, I keep telling baby,
- 32:51Speaker 1: stop taking credit for the idome. You know, you know
- 32:54Speaker 1: we built it. It was an American innovation. It's our
- 32:57Speaker 1: iand home. It's not your I Endome. It's like now
- 33:02Speaker 1: that one I don't think was into tyle pompter that
- 33:04Speaker 1: was not from his you know, lies for you know,
- 33:08Speaker 1: makeup made up stuff for Trump to say. I don't
- 33:11Speaker 1: think it was from there. I think that he made
- 33:12Speaker 1: up on the spot. It's probably something that he's thinking
- 33:15Speaker 1: and goes through his mind. But just so you know,
- 33:19Speaker 1: just so you know, because I know in this show,
- 33:22Speaker 1: you guys are interested in the truth. The idome is
- 33:25Speaker 1: an Israeli developed system. It's development was led by a
- 33:29Speaker 1: company called Raphael Advanced Defense Systems. A guy named Daniel Gold,
- 33:34Speaker 1: an engineer named Daniel Gold, was the most prominent, credited
- 33:37Speaker 1: individual leader and driving force behind its creation. He's recognized
- 33:42Speaker 1: as the father of the ndome. Thers collaborated, no question
- 33:45Speaker 1: about that, and certainly funded parts of it, funded parts
- 33:49Speaker 1: of it that now are going to be used. The research,
- 33:53Speaker 1: the knowledge that went into dndome is not going to
- 33:55Speaker 1: be used for you know, Trump's gold Dome, but parts
- 34:02Speaker 1: of it. But that was once it was developed. It
- 34:07Speaker 1: is an Israeli invention through and through, and it's just
- 34:11Speaker 1: one of them. Knew I had never heard that this
- 34:14Speaker 1: one one of the new made up lies. The trumpater
- 34:17Speaker 1: then he talked about F thirty fives, and then he
- 34:19Speaker 1: mentioned the new F forty seven. He said, I wonder
- 34:21Speaker 1: way they called it there forty seven. Of course he's
- 34:24Speaker 1: forty seventh president of the United States. And he said,
- 34:26Speaker 1: you know, if I like it, we'll keep the name.
- 34:28Speaker 1: If I don't like it, we're gonna change the name.
- 34:31Speaker 1: So I mean, it's funny. You got to give him that,
- 34:37Speaker 1: he told the Europeans. And then he went back to Greenland.
- 34:39Speaker 1: He said, he told the Europeans, I won Greenland. You
- 34:42Speaker 1: can give it to me and that'd be great. And
- 34:44Speaker 1: you know, I'll appreciate that. And you can say no,
- 34:49Speaker 1: but I'll remember. We will remember. And then he talked
- 34:53Speaker 1: about housing and how he's using Faddy and Freddi to
- 34:57Speaker 1: buy bonds the low way interest rates, and how he's
- 34:59Speaker 1: gonna put v private equity, even the private equity funds
- 35:02Speaker 1: that are represented in the audience, because all the big
- 35:04Speaker 1: shops and Wall Street are there, they won't be able
- 35:07Speaker 1: to buy homes. He's got an executive order that effect.
- 35:09Speaker 1: I don't know if an executive vorder. I think you
- 35:11Speaker 1: need legislation, but anyway, he's got an executive voter. And
- 35:14Speaker 1: then he said, which is because he wants he wants
- 35:16Speaker 1: Americans will be able to afford homes. But then he
- 35:18Speaker 1: goes into this whole rant where he says, but you know,
- 35:21Speaker 1: if we really reduce the price of housing, if we
- 35:24Speaker 1: get the housing prices go down so that young people
- 35:27Speaker 1: can afford them. Hmm. Then he says, you know, people
- 35:32Speaker 1: who live in the homes, they already own homes, they're
- 35:36Speaker 1: gonna lose value. We can't have that. We can't hoot
- 35:40Speaker 1: the value of people's homes. The prices will come down,
- 35:44Speaker 1: and they'll hate me, basically, And so we're gonna have
- 35:49Speaker 1: to lower down the cost of housing without holding the
- 35:52Speaker 1: value of housing of in a sense, the existing housing.
- 35:58Speaker 1: Now how you do that? How that works? What the
- 36:00Speaker 1: hell he's talking about? Notice the pressure groups. This is
- 36:04Speaker 1: a mixed economy, right, You got two pressure groups. Existing
- 36:07Speaker 1: homeowners want the home prices to keep going up. Young
- 36:11Speaker 1: homeowners or first time homeowners w want to buy a home,
- 36:14Speaker 1: want prices to come down. How do you appease both
- 36:17Speaker 1: of them? Well, you could give you could give one
- 36:20Speaker 1: group a subsidy. But if you give them a subsidy,
- 36:22Speaker 1: price is going to go out faster. So how do
- 36:25Speaker 1: you get you how do you balance all this up?
- 36:30Speaker 1: You can't. But that's the kind of problem that the
- 36:35Speaker 1: mixed economy creates. You can't appease everybody, and everybody is
- 36:38Speaker 1: a pressure group. Everybody's a voting constituency, and you got
- 36:41Speaker 1: to try to please everybody. And which gang do you
- 36:45Speaker 1: go with? Well, the gang of homeowners is bigger than
- 36:49Speaker 1: the gang of potential homeowners. And he said, I don't
- 36:52Speaker 1: like rentas, I don't want the country of renters. We
- 36:55Speaker 1: should all own homes white anyway, So you went to
- 36:59Speaker 1: the all that. And then he goes into Switzerland and Rolex.
- 37:02Speaker 1: But this was kind of funny. He says, you know,
- 37:04Speaker 1: the president of Switzerland called me up, but she was
- 37:06Speaker 1: trying to convince me not to raise Tavis in Switzerland,
- 37:09Speaker 1: and we talked and this and that, and he said,
- 37:11Speaker 1: you know, she rubbed me the wrong way. So we
- 37:15Speaker 1: put on thirty five percent tariffs on everything coming out
- 37:17Speaker 1: of Switzerland. So American economic policy and trade policy is
- 37:25Speaker 1: determined by whether a found leader rubs Donald Trump the
- 37:29Speaker 1: wrong way. I wonder rubbing him the right way involves
- 37:34Speaker 1: stoking his ego. Really, that's that's the stoker, you know,
- 37:38Speaker 1: appealing to his narcissism. And I guess the president of
- 37:42Speaker 1: Switzerland didn't do it. Shame on her she cost you know,
- 37:47Speaker 1: she gost American consumers. She raised the cost of rolexes
- 37:50Speaker 1: for American consumers, significing. I mean he said this. I
- 37:53Speaker 1: didn't say it. He said, she rubbed me the wrong way.
- 37:56Speaker 1: And I raised tavists by thirty five percent. And this
- 37:58Speaker 1: is great and and yeah, Swiss don't like it. But
- 38:02Speaker 1: you know, we give America, gives all the stuff to Europe.
- 38:05Speaker 1: He needs to get some of it back and needs
- 38:07Speaker 1: to get some of it back. I mean, that was
- 38:12Speaker 1: basically Trump's speech, so I it was. It was a
- 38:19Speaker 1: Trump's seech. What can I say, a Trump's reeech. Let's
- 38:23Speaker 1: see what I want to so uh yeah, So I
- 38:26Speaker 1: want to I want to shoo a clip of of
- 38:31Speaker 1: one of the people I've I've come to hate the
- 38:34Speaker 1: most within the Trump administration, and that is Steve Whitkoff
- 38:38Speaker 1: talking about Iran and and he is, of course in
- 38:44Speaker 1: charge of all peace negotiations in the world. He is
- 38:47Speaker 1: I invote to Iran, and he's I in vote to Israel,
- 38:49Speaker 1: and he's I in voter Ukraine, and he's I invoted Russia,
- 38:52Speaker 1: and he's I vote too. Now to the negotiations about Greenland.
- 38:56Speaker 1: He is the one guy that Trump really trusts. Now,
- 39:00Speaker 1: Whitcoff has vast significant business interest with the Katari's not surprising.
- 39:08Speaker 1: One could argue is in the pocket of Kataw But
- 39:12Speaker 1: I don't know that. But he's certainly got big business interests.
- 39:15Speaker 1: But he is. And I know why Trump relizes on
- 39:18Speaker 1: him so much, because he's like a mini Trump. He's
- 39:21Speaker 1: got the same kind of mentality of Trump. It's all
- 39:24Speaker 1: about it's all transactional. There's no principles, there's no ideas,
- 39:31Speaker 1: there's no really caring. It's just transactional and you can
- 39:36Speaker 1: kind of deal with anybody about anything. So he is
- 39:42Speaker 1: on the you know, stage, and he's giving a number
- 39:46Speaker 1: of different interviews and they're all really really bad on
- 39:49Speaker 1: a lot of different topics. But this one was particularly striking.
- 39:53Speaker 1: And what was really striking was the commentary afterwards. The
- 39:59Speaker 1: woman commentar afterwards was another one who must be listening
- 40:03Speaker 1: to your on bookshow, because she said basically everything I
- 40:05Speaker 1: would have said. I mean, she was really good, so
- 40:07Speaker 1: I wanted I want you to hear who as well.
- 40:09Speaker 1: But this is we'd cough about Iran and the prospects,
- 40:15Speaker 1: the prospects around Iran and and what might might be happening.
- 40:22Speaker 1: So let's see if we can see this.
- 40:24Speaker 5: I hope there's a diplomatic resolution, I really do.
- 40:27Speaker 1: There are four issues.
- 40:29Speaker 5: Nuclear enrichment, missiles, we have to have to cut back
- 40:33Speaker 5: on their inventory, the actual material that they have, which
- 40:37Speaker 5: is roughly two thousand kilograms, and the PROXYUS of course.
- 40:42Speaker 1: So four issues, he says, right, nuclear which I thought
- 40:47Speaker 1: we destroyed, missiles, the material which I thought we destroyed. Uh,
- 40:52Speaker 1: and it's and the proxies. Those are the four issues.
- 40:56Speaker 1: But he wants to negotiated. Once a negotiated, negotiated solution.
- 41:02Speaker 1: What about the Arenias in the street, you know, Roman
- 41:05Speaker 1: Viking asks, I mean, what about them Urenias in the street?
- 41:11Speaker 1: Why would it? Why would Witchcock care about them?
- 41:16Speaker 5: I think if they want to come back to the
- 41:17Speaker 5: League of Nations.
- 41:19Speaker 1: Come back to the League of Nations, just bring him in.
- 41:21Speaker 1: Why not? They just killed twenty thousand of their own people.
- 41:24Speaker 1: You know, if we can, if it can come to
- 41:26Speaker 1: an agreement on those voices that we'll come back, why not,
- 41:29Speaker 1: let's let's have them negotiate. We can negotiate anything we
- 41:33Speaker 1: have to.
- 41:33Speaker 5: We can solve those four problems diplomatically. Then that would
- 41:37Speaker 5: be a great resolution. And I think the alternative is
- 41:39Speaker 5: a bad one.
- 41:41Speaker 1: So the alternative is a bad one. Isn't this isn't
- 41:46Speaker 1: this just isn't it just insane? I mean this, guys,
- 41:51Speaker 1: and but this is the American stance. And we'll talk
- 41:54Speaker 1: about it in a minute, because America is building up
- 41:56Speaker 1: a lot of weapons outside of you on. But Wichcoff
- 41:59Speaker 1: is saying, no, we'll negotiating, negotiating, he actually said in
- 42:03Speaker 1: another interview he said maybe this one, but he said
- 42:05Speaker 1: something like, yeah, I was hoping to meet the foreign
- 42:09Speaker 1: minister of you on here and and and and negotiate
- 42:12Speaker 1: and start talking, talk talking. We got we got to negotiation.
- 42:16Speaker 1: It's all negotiation. Now, listen to this woman. I don't
- 42:20Speaker 1: know Emily. I guess her name is Uh, she's badass.
- 42:24Speaker 1: I think she's Israeli, although she doesn't have an Israeli accent.
- 42:27Speaker 1: I think she's in Israeli. I think she's she works
- 42:29Speaker 1: for what's her name, Emily, let me see, Yeah, I
- 42:34Speaker 1: don't know that's yeah, I think it's yeah. Anyway, she's
- 42:41Speaker 1: in Israeli. I don't know. I don't know who exactly
- 42:46Speaker 1: she is. But listen to this. I'm holding you back. Yeah.
- 42:50Speaker 6: I just first and foremost, the thing that stands out
- 42:54Speaker 6: to me most is the fact that he named four things,
- 42:56Speaker 6: four major problems, and there are problems with the Islamic Republic.
- 42:59Speaker 4: But he did this within twenty four to.
- 43:01Speaker 6: Forty eight hours of at least now sixteen thousand Iranians
- 43:06Speaker 6: being massacred in the streets. Are the people, the citizens
- 43:10Speaker 6: of this country not a factor in any way whatsoever
- 43:13Speaker 6: in this equation. I mean the inhumanity to sit on
- 43:16Speaker 6: a stage and say something like that, oh, if this regime,
- 43:20Speaker 6: which is completely illegitimate, wants to come back to the
- 43:23Speaker 6: League of Nations, then we can make that happen.
- 43:26Speaker 4: Why why on earth would you make that happen. Why
- 43:29Speaker 4: would you.
- 43:29Speaker 6: Support the Islamic Republic, which is an illegitimate government being
- 43:33Speaker 6: recognized and accepted and.
- 43:35Speaker 4: Tolerated in the League of Nations.
- 43:36Speaker 6: The whole problem is that the League of Nations accepted
- 43:39Speaker 6: the Islamic Republic in nineteen seventy nine, and they should
- 43:42Speaker 6: be selling ambassadors. You should be revoking recognition, you should
- 43:45Speaker 6: be implementing sanctions, and yes, you should be carrying out
- 43:48Speaker 6: strikes because the Iranian people are begging in the streets
- 43:52Speaker 6: for military intervention.
- 43:55Speaker 4: So Steve Woinkoff, shut up. You don't know what you're
- 43:57Speaker 4: talking about.
- 43:58Speaker 6: You shouldn't be negotiating and take a rogge's word that
- 44:01Speaker 6: executions have stopped is complete bull.
- 44:05Speaker 1: I hope you gotta love her. So it's Emily Schweda.
- 44:11Speaker 1: Rick says, I don't know who this. I don't know
- 44:13Speaker 1: who Emily Schweder is. But that was good. So widguff
- 44:19Speaker 1: shut up. If somebody says a lioness, yes, she's a lionis,
- 44:26Speaker 1: she's really good and she's absolutely right. This whole problem
- 44:31Speaker 1: was because the League of Nations recognize the Islamic regime
- 44:33Speaker 1: in nineteen seventy nine. We should be attacking them, not
- 44:35Speaker 1: so much because of the demonstrations in the streets and
- 44:38Speaker 1: the slaughter of the people, but because it's our national
- 44:41Speaker 1: self interest to be bombing them into oblivion. This regime,
- 44:46Speaker 1: this regime is an anti West and anti American, anti European,
- 44:49Speaker 1: anti civilizational regime. This regime is a sponsor voice spying
- 44:54Speaker 1: Islamic terrorism. For you know, a forty is uh forty
- 45:01Speaker 1: plus or uh this is he has to go and
- 45:04Speaker 1: the sooner the better, And it is unbelievable to me
- 45:09Speaker 1: that this there's nobody, there's nobody you know, Steve Whitcoff,
- 45:14Speaker 1: When did he become a pound policy expert? When when
- 45:17Speaker 1: did this guy get his diploma or or knowledge of
- 45:20Speaker 1: how they negotiate deals? I mean, how well has he
- 45:22Speaker 1: done with Ukraine Russia other than to be really good
- 45:26Speaker 1: at representing the Russian point of view? How well has
- 45:29Speaker 1: he done on any of the deals that he's that
- 45:31Speaker 1: he's executed. This guy is a anyway an embarrassment, an
- 45:38Speaker 1: embarrassment to any to to Now. Granted, the professional phone
- 45:42Speaker 1: policy people are pretty bad too. Wickcoff is, of course
- 45:45Speaker 1: the guy who convinced convinced uh Trump not to bomb
- 45:51Speaker 1: because the found the Uranian found minister told him that
- 45:54Speaker 1: they would stop the executions, which is not true anyway.
- 46:03Speaker 1: While this is going on, I guess the good news is,
- 46:06Speaker 1: although I think this is all posturing, the good news
- 46:09Speaker 1: is that while this is going on the United States
- 46:12Speaker 1: is moving significant assets in to the Middle East and
- 46:17Speaker 1: positioning them in striking distance of iwon. The aircraft carrier
- 46:24Speaker 1: group that left the South Asian South Southeast Asia is
- 46:30Speaker 1: within forty eight hours. I think of reaching striking distance
- 46:34Speaker 1: of I won and positioning itself probably somewhere in the
- 46:37Speaker 1: Arabian c you know, with it. Of course, with this aircraft,
- 46:41Speaker 1: there's a whole carrier group and a bunch of defense
- 46:45Speaker 1: systems also being positioned in the Middle East or in
- 46:49Speaker 1: Europe and the Middle East, refueling aircraft that can refuel
- 46:53Speaker 1: F thirty five's and other US aircraft, positioning them so
- 46:59Speaker 1: that they can they can attack if necessary, can attack,
- 47:03Speaker 1: you can attack Ron. In addition, supposedly, uh, there's an
- 47:08Speaker 1: airlift going on of defense systems into the Middle East,
- 47:11Speaker 1: you know, those Patriot missiles and what is it, THAD
- 47:15Speaker 1: th h A A D the THAD missiles. All of
- 47:18Speaker 1: that is being sent uh to uh to the region
- 47:26Speaker 1: in preparation for potential US attack on on on the Uranians.
- 47:33Speaker 1: And of course you know now I think this is
- 47:39Speaker 1: mainly posturing. While Steve Whitcoff meets with the Iranian foreign
- 47:44Speaker 1: minister and negotiates, negotiates, uh so, uh, we we're going
- 47:52Speaker 1: to see now Israel. Supposedly, according to whine At, which
- 47:56Speaker 1: is an Israeli news source, Israel estimates US will strike
- 48:00Speaker 1: at Ion within weeks if Tehran refuses to resume nuclear
- 48:03Speaker 1: talks on US terms. So again the US is angling
- 48:09Speaker 1: for a diplomatic resolution, not for regime change, but a
- 48:13Speaker 1: diplomatic resolution extension of American assault could aim to destroy
- 48:17Speaker 1: what's left of runs, nuclear sites, miss out programs, and
- 48:21Speaker 1: defense systems. Note that what they're not talking about is
- 48:25Speaker 1: regime targets that would be involved in actually replacing the regime.
- 48:29Speaker 1: And then the question is Andrew Fox again, who I follow,
- 48:33Speaker 1: who is very good on the Middle East and on
- 48:36Speaker 1: military issues generally. He says that three possibilities in terms
- 48:40Speaker 1: of US attacking Ion. One is the attack regime key leaders.
- 48:46Speaker 1: The second is punishing strikes against the worst offenders in
- 48:51Speaker 1: suppressing the protests, so this would be Islamic revolutionary god leaders.
- 48:58Speaker 1: The third is a formal today multi wave campaign to
- 49:02Speaker 1: take out the regime's top from top to bottom. He's
- 49:07Speaker 1: betting on one take out regime key leaders with whoever
- 49:12Speaker 1: takes over to replace them from within the regime. You
- 49:17Speaker 1: then negotiate with them and you cut an oil. I'll
- 49:20Speaker 1: deal with him. In other words, what Andrew's saying is
- 49:23Speaker 1: what you're gonna get in Iran is a replay of Venezuela,
- 49:27Speaker 1: a replay of Venezuela. So it's it's Andrew calls it.
- 49:40Speaker 1: This is the kind of strategy that's called dopamine hit
- 49:43Speaker 1: and social media war strategy, not regime change. You know,
- 49:51Speaker 1: remember the Trump posted this on January twod This is
- 49:55Speaker 1: now nineteen days ago. If Heran shoots and violently kills
- 49:59Speaker 1: peaceful testers, which is they custom, the United States of
- 50:02Speaker 1: America will come to their rescue. We are locked and
- 50:05Speaker 1: loaded and ready to go. That was a long time ago.
- 50:12Speaker 1: So now it seems like the assets are on the way.
- 50:15Speaker 1: The USS Abram Lincoln and it's Battlegroup. I guess forty
- 50:19Speaker 1: seventy two hours not forty eight hours away from being
- 50:23Speaker 1: close to Yon. Of course, you've got equipment has been
- 50:28Speaker 1: moved to basically the region, including Diego Mogalcia, which is
- 50:33Speaker 1: of course in the Indian Ocean and would be a
- 50:37Speaker 1: place from which attacks would be launched. I think it's
- 50:43Speaker 1: just to scare them, right, It's just to scare them.
- 50:46Speaker 1: Here's another story. The Jurasic is Patriot missiles as well
- 50:50Speaker 1: as THAD systems being sent to the Middle East of
- 50:54Speaker 1: being loaded up. Also, you know, there are lots of
- 51:00Speaker 1: stories about Iran. There's a document between it's been released
- 51:04Speaker 1: online again no verification. And I doubt it's true that
- 51:08Speaker 1: the Trump administration has come to an agreement with the
- 51:11Speaker 1: Syrian regime that are busy slaughtering coods and releasing Isis
- 51:16Speaker 1: that they will take those Isis fighters. Isis. Remember Isis
- 51:19Speaker 1: are Sunni nuts, I mean really fanatics who hate the
- 51:24Speaker 1: shiaides that they will take the Sunni, the Sunnis and
- 51:28Speaker 1: some of the other Syrian elements. And they will once
- 51:32Speaker 1: they once they settle with the Kods, they will go
- 51:35Speaker 1: into Iraq, collect a few more Sunni radicals in Iraq
- 51:40Speaker 1: and then basically invade Iran. And I take Iran and
- 51:45Speaker 1: be the ground troops for US. So we'll have Sunnia
- 51:47Speaker 1: Islamists doing our work for us, which is nuts and
- 51:54Speaker 1: and but I don't really believe. I mean, I know
- 51:57Speaker 1: that American fault policy is a disgrace, and I know
- 52:00Speaker 1: they're in crazy, and I know that that what they
- 52:03Speaker 1: do is often irrational, and Trump is at their heads.
- 52:05Speaker 1: Who knows, But on this one, it's just it's just
- 52:09Speaker 1: it just seems unlikely. Also, studies are coming out of Iran,
- 52:13Speaker 1: let's say, several hundred officers from the Islamic Revolutionary God
- 52:19Speaker 1: have now defected both of the God and from the
- 52:22Speaker 1: Besiege organization. Although these are all mid level and even
- 52:27Speaker 1: junior ranks, they're at least a new and interesting phenomena
- 52:31Speaker 1: of people. They're refusing orders and they're they're leaving their posts.
- 52:36Speaker 1: And you know what we need now is senior senior officers.
- 52:40Speaker 1: And so it's hard to tell what happens what happens next. Again,
- 52:45Speaker 1: Israeli news is reputting about all these airplanes coming in
- 52:49Speaker 1: and and to the Middle East and all the the
- 52:52Speaker 1: US is beefing up. It's its presence in the US,
- 52:58Speaker 1: and uh, they are optimistic about a US attack on Yuon,
- 53:03Speaker 1: but they were optimistic about a US attack on Yon
- 53:06Speaker 1: last week, so it doesn't mean that much. What else
- 53:11Speaker 1: do we want to say? Yeah, I mean Ukraine. There's
- 53:13Speaker 1: not a lot new to say other than Witcouff and
- 53:16Speaker 1: his interviews again is kind of you know, oh, no
- 53:21Speaker 1: Trump and his speech. One of the sections I skipped said,
- 53:25Speaker 1: you know Russia's uh, sometimes Putin wants piece and Zelensky
- 53:30Speaker 1: says no, and sometimes Zelenski wants peace and Russia says no.
- 53:35Speaker 1: Complete Mardil quivocation. No blame on Russia for starting the war. Nothing,
- 53:40Speaker 1: And Whitcuff is asked about I think it was with
- 53:43Speaker 1: Cough or maybe it was Trump. They were asked about
- 53:47Speaker 1: Russia bombing Kiev and bombing you know, millions of people
- 53:51Speaker 1: in Ukraine right now. It's it's a bitterly cold winter
- 53:55Speaker 1: in Ukraine right now, and there's no power and and
- 53:58Speaker 1: and you know, asked about that, and it was like
- 54:01Speaker 1: the response is, look, it's a war. This thing's happened
- 54:03Speaker 1: in war. This is what happens. Both sides are bombing
- 54:05Speaker 1: each other. It's a war. What can you do? And
- 54:07Speaker 1: it's like just just worse than model, the quivocation, you know,
- 54:17Speaker 1: support for Russia. And they keep saying, so, I've read
- 54:20Speaker 1: a story today Witcuff came out of negotiations with the
- 54:24Speaker 1: you know, the Russians uh in in Davos and uh
- 54:28Speaker 1: they're very close ideal, they're very close to peace deal.
- 54:31Speaker 1: And then you read the Foreign Minister of Russia saying,
- 54:37Speaker 1: you know, we want all you know, we want all
- 54:40Speaker 1: of eastern Ukraine. You know, we want ADSSA, we want
- 54:42Speaker 1: all this stuff. We're not going to give an inch.
- 54:44Speaker 1: We're not We're not our demands have been the same
- 54:47Speaker 1: since the beginning of the war. We're not changing one iota,
- 54:54Speaker 1: but America has has you know, established this pattern less
- 54:59Speaker 1: few days, less you year, the last few months, however
- 55:01Speaker 1: you want it, depending on the administrations basically backstabbing in
- 55:04Speaker 1: salis in the back, backstabbing its allies. So it wouldn't
- 55:07Speaker 1: be surprising if you know, if they if they're just
- 55:13Speaker 1: backstabbing Ukraine, and ultimately Ukraine is gonna have to fight
- 55:16Speaker 1: it alone. Another reason why Europe should indeed go it
- 55:19Speaker 1: alone and separate it for yourself from the United States
- 55:22Speaker 1: and support Ukraine to the fullest extent possible and get
- 55:25Speaker 1: rid of this Russian menace once and for all. I
- 55:32Speaker 1: shifting gears somewhat not complete, deep, but shifting gears to
- 55:36Speaker 1: the attempt by the Bush and Bush God, where did
- 55:38Speaker 1: Bush come from? The Trump administration? Another president I hated, Uh,
- 55:43Speaker 1: you know what can I say? I'm a I'm a
- 55:46Speaker 1: I'm a hate filled guy. I hate all the presidents Bush, Obama, Biden, Trump,
- 55:53Speaker 1: all of them. Anyway, as somebody of the station is
- 55:56Speaker 1: trying to get control over the federal resot. Trump said
- 55:59Speaker 1: in his speech he wants to interstate slower. He wants
- 56:02Speaker 1: to drive interstates low. That's his goal, and to do
- 56:05Speaker 1: that he needs to, you know, he needs to get
- 56:10Speaker 1: rid of Joan Powell and replace him. We talked about that,
- 56:13Speaker 1: and this indictment or investigation into Joan Powell right now
- 56:17Speaker 1: going on. In the meantime, he is also fired or
- 56:22Speaker 1: tried to fire fed Governor Lisa Cook based on some
- 56:26Speaker 1: cooked up mortgage charges that have since been refuted, and
- 56:31Speaker 1: this has gone to the Supreme Court now, and the Supreme
- 56:33Speaker 1: Court has to value it whether the true the President
- 56:37Speaker 1: has the authority to fire Lisa Cook, governor of the
- 56:41Speaker 1: Federal Reserve, and therefore issues of the independence of the
- 56:46Speaker 1: Federal Reserve and the intention of the statutes that created
- 56:49Speaker 1: the Federal Reserve and regulate the Federal Reserve were discussed
- 56:52Speaker 1: in court today. Today was the hearing about this, and
- 56:58Speaker 1: it really did seem, at least according to reports. I
- 57:01Speaker 1: didn't hear the proceedings myself, but at least according to
- 57:04Speaker 1: reports coming out of there, that both the conservative justices
- 57:08Speaker 1: and the liberal justices were very skeptical about the administration's
- 57:13Speaker 1: position that they could just fire basically at will governors
- 57:17Speaker 1: on the Board of the Federal Reserve, and whether this
- 57:21Speaker 1: did not contradict the intention of the law establishing the
- 57:25Speaker 1: FED to some extent as an independent agency that where
- 57:29Speaker 1: the governors can be replaced, but not every time an
- 57:32Speaker 1: administration gets replaced when the term is over and the
- 57:34Speaker 1: administration can appoint its own people to the board. But ultimately,
- 57:39Speaker 1: because the board composes of people who've been appointed by
- 57:43Speaker 1: a number of different administration, it because it's it's it
- 57:47Speaker 1: is you know, not not partisan or not overly partisan.
- 57:54Speaker 1: Uh So, again, this is Augue today, and uh it
- 58:00Speaker 1: does seem like the justices are pretty clear that this
- 58:05Speaker 1: is about political control. One of the things that what's
- 58:10Speaker 1: his name, Bett Kavanaugh kept going back to is he
- 58:12Speaker 1: kept saying, so when a democratic president comes in and
- 58:17Speaker 1: he fires all the governors and the voter of governors
- 58:20Speaker 1: are the fitter and puts in his own people, then
- 58:23Speaker 1: that'll be okay as well. And it just didn't seem right.
- 58:31Speaker 1: And you know, the Federal Fed FED has fourteen year terms.
- 58:36Speaker 1: These are long terms. Not the chairman but the governors.
- 58:39Speaker 1: The whole point is to make them independent for issues
- 58:43Speaker 1: like determining interest rates of the money supply and so on,
- 58:47Speaker 1: and powers in the audience. Secretary Bessett was was upset,
- 58:54Speaker 1: really upset that power was going to be in the audience.
- 58:57Speaker 1: He claimed that that was tuning this into a political here.
- 59:05Speaker 1: So yeah, I mean, Kavanaugh was was was very was
- 59:10Speaker 1: very skeptical. If you get Kavanaugh skeptical, and and Amy
- 59:14Speaker 1: Colored Barrett seemed to be skeptical. I don't know that
- 59:18Speaker 1: Trump has enough justices to rule his way based on
- 59:23Speaker 1: arguments that appeared today. I'm curious about what what some
- 59:29Speaker 1: of the other justices had to say, particularly Gassage. But
- 59:34Speaker 1: I wouldn't be surprised if if the court overturns the
- 59:41Speaker 1: well basically overturns. Yeah, the trumpet denversation's decision to fire
- 59:45Speaker 1: Lisa Cook, and therefore it makes it takes a stand,
- 59:50Speaker 1: a little bit of a stand on the independence of
- 59:54Speaker 1: the FED. I just have to mention one more, thank god,
- 1:00:04Speaker 1: one more thing about Davos from Davos. I forgot to
- 1:00:07Speaker 1: say this in my little spiel. Abou Davas Ludwig is there, Lutnik, lutnik,
- 1:00:13Speaker 1: whatever you want to call it, secondary lutnik, Comma secretary,
- 1:00:17Speaker 1: Comma secretary, A commerce department should be shut down, should
- 1:00:20Speaker 1: be closed should be sent home anyway. This is what
- 1:00:24Speaker 1: Lutnik said at the World Economic Firm, the Trumpet administration
- 1:00:29Speaker 1: and I are here to make a very clear point.
- 1:00:32Speaker 1: Globalization has failed the West and the United States of America.
- 1:00:38Speaker 1: It is a failed policy and it has left America behind.
- 1:00:46Speaker 1: That was the message. That was the message. It's pretty
- 1:00:56Speaker 1: you know, it kind of contradicts the data. Since ninety
- 1:01:00Speaker 1: ninety the era of globalization, if you will, real GDP
- 1:01:05Speaker 1: per capita in the United States has gone up sixty
- 1:01:07Speaker 1: eight percent. Real median wages have gone up thirty four percent.
- 1:01:11Speaker 1: Infant mortality has come down forty two percent. Life expectancy
- 1:01:14Speaker 1: has gone up four years. Nonfarm employment has gone up
- 1:01:18Speaker 1: forty six percent. Fifty million jobs have been created since
- 1:01:22Speaker 1: nineteen ninety. Median household wealth has gone up one hundred
- 1:01:25Speaker 1: and twenty eight percent. Indust your capacity, indust your capacity
- 1:01:30Speaker 1: has increased seventy six percent. And there's no way to
- 1:01:33Speaker 1: measure this because it's not captured by real GDP per capita.
- 1:01:37Speaker 1: But quality of life, stand of living of Americans has
- 1:01:40Speaker 1: gone up. Dra MA take lead, hugely, humannously, massively. Globalization
- 1:01:52Speaker 1: is a massive benefit to the United States. Has been
- 1:01:56Speaker 1: a massive benefit to the United States. And these people
- 1:02:03Speaker 1: are just again lying. They make stuff up. Now maybe
- 1:02:07Speaker 1: they believe it, but they believe a lie. They believe
- 1:02:12Speaker 1: a lie. There was started, not by the right, a
- 1:02:18Speaker 1: lie that was basically the talking point of the left.
- 1:02:23Speaker 1: Remember that World Economic the World Trade Organizations meeting in
- 1:02:28Speaker 1: Seattle in nineteen ninety nine, the massive demonstrations by leftist
- 1:02:34Speaker 1: groups against free trade, the riots, It was an unmitigated disaster.
- 1:02:43Speaker 1: And that was the left demonstrating against free trade, against
- 1:02:49Speaker 1: the old Trade Organization, and the right, Oh no, no,
- 1:02:52Speaker 1: this is really good for America. They were right. And
- 1:02:56Speaker 1: yet we now have a political spectrum that is all
- 1:02:59Speaker 1: left on economic issues, all left. They've taken all their
- 1:03:08Speaker 1: talking points. I mean, capping credit cards, which Trump mentioned
- 1:03:12Speaker 1: is double speech, stopping private equity from buying homes, using
- 1:03:18Speaker 1: fetti and fetti to buy mortgages, all of that straight
- 1:03:22Speaker 1: out of the left playbook. We have an administration that
- 1:03:26Speaker 1: on economic issues is a leftist. Tariffs always used to
- 1:03:31Speaker 1: be a leftist. Leftist talking points. We have a left
- 1:03:41Speaker 1: left and a left right, but they're all left left.
- 1:03:45Speaker 1: In the end, somebody says that all right, let's see,
- 1:04:02Speaker 1: thank you. That is the news for Wednesday, January twenty one,
- 1:04:07Speaker 1: and I will be back with more news tomorrow. Tomorrow's Thursday.
- 1:04:11Speaker 1: Tomorrow will be back to the regular time two pm
- 1:04:14Speaker 1: East Coast time. I'm hoping that will also that will
- 1:04:18Speaker 1: also happen. That will happen on Friday, so both days
- 1:04:28Speaker 1: hopefully will be back to the two pm East Coast time.
- 1:04:32Speaker 1: All right, let us let us turn to super Chat.
- 1:04:38Speaker 1: I will remind you that this show is funded by
- 1:04:43Speaker 1: viewers like you. Without you, the show doesn't happen, So
- 1:04:48Speaker 1: please consider supporting the show. We've got one hundred and
- 1:04:51Speaker 1: fifty people watching. A bunch of you should do stickers. Stickers.
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- 1:05:03Speaker 1: please consider doing that. Uh. Ask questions. Questions are great
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- 1:05:46Speaker 1: see what is going on here this, oh bright, remind
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- 1:07:01Speaker 1: information you need at ininran dot org slash start here,
- 1:07:06Speaker 1: Iran slash dot here. And then we've got Alex Epstein,
- 1:07:13Speaker 1: who is the number one authority in the world on
- 1:07:16Speaker 1: fossil fuels and energy this whole electricity thing at nuclear power,
- 1:07:21Speaker 1: all of this that Trump was talking about. If you
- 1:07:23Speaker 1: want the truth, the data, Alex is the guy. Hopefully
- 1:07:27Speaker 1: we'll have Alex on the show in the next few
- 1:07:30Speaker 1: weeks months, uh uh, and you can ask him about
- 1:07:34Speaker 1: all of that, and then all right, we'll do those two.
- 1:07:38Speaker 1: We'll do the other two tomorrow. We'll mix it up
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- 1:08:44Speaker 1: You know, I just I just want to say this
- 1:08:47Speaker 1: before we get to the questions. You know what nobody
- 1:08:50Speaker 1: seems to be talking about in doubles and when even
- 1:08:54Speaker 1: Trump in his talk about immigrants, doesn't talk about nobody
- 1:09:01Speaker 1: talks about this. And it's stunning to me. I mean,
- 1:09:04Speaker 1: everybody talks about an immigration problem, immigration problem. Oh, people
- 1:09:08Speaker 1: talk about a culture problem. European culture. It's under attack
- 1:09:13Speaker 1: and places unrecognizable. But nobody has the balls, nobody has
- 1:09:20Speaker 1: the courage to name the problem. And of course it
- 1:09:26Speaker 1: doesn't fit into the it doesn't fit their gender to
- 1:09:30Speaker 1: name the problem. Because Zera has it absolutely right. The
- 1:09:37Speaker 1: problem is not immigration. The problem is not the decline
- 1:09:41Speaker 1: of culture in Europe, although there's a real problem of
- 1:09:43Speaker 1: the decline of culture of Europe that makes this problem possible,
- 1:09:46Speaker 1: that facilitates it, that allows it to grow. But the
- 1:09:50Speaker 1: problem is Islamism, and nobody will mention Islam. And that
- 1:09:58Speaker 1: problem is what links Europe. You won and what looks
- 1:10:00Speaker 1: to you the United States that you won, and that's why,
- 1:10:03Speaker 1: by the way, there is no immigration problem in the
- 1:10:07Speaker 1: United States. There isn't one. I'm sorry all of you
- 1:10:10Speaker 1: people really really really upset about illegal immigrants in the US.
- 1:10:14Speaker 1: Who the f cares if they're working and producing, if
- 1:10:17Speaker 1: the criminals deport them, arrest them, send them to jail,
- 1:10:21Speaker 1: I don't care. But almost all the people being deported
- 1:10:27Speaker 1: are not criminals. And the people arrested in that Mexican
- 1:10:33Speaker 1: restaurant in Wilma without criminals. They were waiters or cooks
- 1:10:39Speaker 1: or line cooks or whatever. And the problem in Europe
- 1:10:44Speaker 1: is not unrecognizable. It's not recognizable because Europe won't assimilate
- 1:10:51Speaker 1: its Muslim population, and because some of those Muslims, some
- 1:10:57Speaker 1: of those Muslims mists out and out want a big
- 1:11:02Speaker 1: Shariah to Europe, and because of the European welfare state,
- 1:11:07Speaker 1: many of them don't work. So yeah, I get it.
- 1:11:12Speaker 1: If you don't work, get deported. I have no problem
- 1:11:15Speaker 1: with that. Who the hell wants dead beats? I'm a
- 1:11:23Speaker 1: gracious system should be based on work. I've described my
- 1:11:29Speaker 1: ideal immigration system for the world as we live in
- 1:11:31Speaker 1: it today over and over and over again. I won't
- 1:11:33Speaker 1: do it again. But Islamism is the problem. By the way,
- 1:11:39Speaker 1: I don't like American dead beats either. Maybe they should
- 1:11:42Speaker 1: be deported or maybe we should just suspend their food stamps,
- 1:11:46Speaker 1: welfare payments, free health care through Medicaid. I mean, the
- 1:11:50Speaker 1: solution to the problem of dead beats is getting rid
- 1:11:53Speaker 1: of the welfare state. So nobody in Doublas, including the Americans,
- 1:12:06Speaker 1: are talking about Islamism. And that's the only context in
- 1:12:10Speaker 1: which you can understand why Iran is so important. It's
- 1:12:16Speaker 1: because it is the fund head of Islamism. And you know,
- 1:12:28Speaker 1: I have to say that, because it's just it's mind buggling. Right.
- 1:12:31Speaker 1: This is other than Russia and maybe China, but certainly Russia.
- 1:12:38Speaker 1: This is the biggest issue the West faces. And maybe
- 1:12:41Speaker 1: it's bigger than Russia because Russia is invading. This issue
- 1:12:46Speaker 1: is right in the heart of Europe and it's over
- 1:12:50Speaker 1: there in Iran. So name the problem, name the issue.
- 1:13:00Speaker 1: Now you know why they don't invite me to Doubles.
- 1:13:03Speaker 1: I mean, the many reasons, but surely this is one
- 1:13:06Speaker 1: of them. I would actually say it, and I would
- 1:13:11Speaker 1: lamb blest them for evading it, because that's what they're doing.
- 1:13:17Speaker 1: That's what Trump does, That's what Rick cough does. That's
- 1:13:19Speaker 1: what all these guys are doing. They're evading the slammest issue,
- 1:13:24Speaker 1: the slammest problem. Anything can be negotiated. Oh, the slaimest
- 1:13:26Speaker 1: Regimei and you want, well negotiate, No problem, We'll just
- 1:13:29Speaker 1: negotiate with him. Jack, thank you for the sticker. Really
- 1:13:39Speaker 1: appreciate it. Roland, thank you for the sticker all the
- 1:13:43Speaker 1: way from Switzerland. And Bonnie thank you, and Jonathan thank you,
- 1:13:50Speaker 1: and Mike thank you, and real Daniel Wellington thank you,
- 1:13:54Speaker 1: and a room thank you. Yep. Thanks guys, really really
- 1:14:05Speaker 1: appreciate the support. Keep coming because we're still wait shorts.
- 1:14:11Speaker 1: Try to make it twenty or above questions because I've
- 1:14:15Speaker 1: got a lot of ten to five kind of questions
- 1:14:19Speaker 1: even too, and we really need, we need to get
- 1:14:24Speaker 1: to our numbers. You know, yesterday was a struggle, didn't it.
- 1:14:28Speaker 1: Didn't enjoy it, don't enjoy kind of really getting to
- 1:14:30Speaker 1: the point where I really have to ask over and
- 1:14:32Speaker 1: over again. So just show your support for the show.
- 1:14:36Speaker 1: Show your trade, your trading. I don't know, not instincts.
- 1:14:41Speaker 1: You're trading value by participating by trading. All right, let's
- 1:14:47Speaker 1: start with Liam. Liam says. This is a quote from
- 1:14:50Speaker 1: Martin Luther King Junior. Darkness cannot drive out darkness. Only
- 1:14:57Speaker 1: light can do that. Hey, can I drive out hate?
- 1:15:01Speaker 1: Only love can do that? That is Montin Luther King
- 1:15:05Speaker 1: and and uh Liam says, I suspect you disagree with
- 1:15:08Speaker 1: Montin Luther King here, but is part of it correct? No?
- 1:15:11Speaker 1: I completely agree with it. Why would I disagree with
- 1:15:13Speaker 1: anything about that? I do not believe that darkness can
- 1:15:16Speaker 1: drive out darkness. That's why I don't believe that if
- 1:15:20Speaker 1: you've got two evil candidates, you should vote for one,
- 1:15:23Speaker 1: or the solution to one evil is another evil. It's
- 1:15:27Speaker 1: not or that Trump could do anything good. He can't.
- 1:15:32Speaker 1: He's just a bringing of darkness. So even when he
- 1:15:35Speaker 1: does something that appears good, eh, ultimately it won't be
- 1:15:39Speaker 1: good because he is the bringing of darkness. Hate. Can
- 1:15:45Speaker 1: I drive out hate? Hate? Can I drive out hate?
- 1:15:48Speaker 1: I mean, that's not a statement that one shouldn't hate.
- 1:15:51Speaker 1: It's a it's a reality that you're not gonna You're
- 1:15:53Speaker 1: not gonna. Hate is not should never be the driving
- 1:15:55Speaker 1: force of action. It does mean you shouldn't hate, but
- 1:16:01Speaker 1: it shouldn't be the driving force. The driving first the
- 1:16:05Speaker 1: actions should be love. Love can drive out darkness can
- 1:16:10Speaker 1: drive out hate. And that doesn't mean you should love
- 1:16:15Speaker 1: your enemy. It means you should love yourself. That is,
- 1:16:19Speaker 1: you should go And probably I probably interpret this differently
- 1:16:24Speaker 1: the model Luther King granted, so maybe I do disagree.
- 1:16:27Speaker 1: The way to deal was some thing, someone, some country,
- 1:16:33Speaker 1: some whatever that you hate is to look to your
- 1:16:37Speaker 1: own values for resolution, whether your own values mean you
- 1:16:43Speaker 1: have to confront that person or disassociate yourself on that person,
- 1:16:48Speaker 1: or just go your own way whatever, whatever it happens
- 1:16:51Speaker 1: to be love I e. Your values need to be
- 1:16:55Speaker 1: what shape your actions. You should You shouldn't shape your
- 1:17:00Speaker 1: actions based on hate. I mean, the emotion of hate
- 1:17:03Speaker 1: is fine, don't act on it, Act on your values,
- 1:17:08Speaker 1: act on what's good for you, what's selfish for you?
- 1:17:15Speaker 1: All right, Silvanas coming in with fifty dollars, thank you,
- 1:17:18Speaker 1: thank you, thank you. That helps a lot with the
- 1:17:20Speaker 1: achieving our goals. So thank you, Savannas. So we'll go
- 1:17:24Speaker 1: directly to his question. Perhaps it's to giving them more
- 1:17:29Speaker 1: credit than they deserve. But do you think that people
- 1:17:32Speaker 1: in the smoky rooms like keeping the slammest threat around
- 1:17:37Speaker 1: as a tool for them to stay in power. It's
- 1:17:39Speaker 1: hard to imagine that people could be so cowardly. No,
- 1:17:44Speaker 1: I don't. I don't think that that's sophisticated. I don't
- 1:17:47Speaker 1: think they they know. I think that cowards. I also
- 1:17:51Speaker 1: think they're afraid of the intelligentsia, which kind of gives
- 1:17:59Speaker 1: them legitimacy in a sense to be in the smokefield room.
- 1:18:06Speaker 1: I think that they have no spine, they have no
- 1:18:09Speaker 1: self esteem, which would be required to stand up to
- 1:18:13Speaker 1: the enemy and identify it. I actually think that a
- 1:18:15Speaker 1: lot of times in the smoke filled rooms, they talk
- 1:18:19Speaker 1: about the Islamists and they jointly come to the conclusion
- 1:18:22Speaker 1: there's nothing they can do, or they then pretend to
- 1:18:27Speaker 1: themselves that there's nothing they can do, or they pretend
- 1:18:30Speaker 1: to themselves, oh, it's not a big problem. It'll go away.
- 1:18:33Speaker 1: If we just bury your head deep enough in the sand,
- 1:18:35Speaker 1: it'll all go away. I think it's obvious enough that
- 1:18:39Speaker 1: they all have to face it, confront it, deal with it.
- 1:18:47Speaker 1: It's just they don't have the courage. They don't have
- 1:18:51Speaker 1: the intelligence, or not the intelligence integrity, they don't have
- 1:18:55Speaker 1: the Yeah, I mean it's really buzzed down. The courage
- 1:18:59Speaker 1: and intellectual ability to understand integrated power to understand what
- 1:19:05Speaker 1: needs to be done, how it can be done, and
- 1:19:08Speaker 1: they don't believe they have the political capacity, and they
- 1:19:12Speaker 1: certainly don't have the political will to actually do it,
- 1:19:15Speaker 1: to actually execute on it. So it's not an issue
- 1:19:21Speaker 1: that they're not knowing and it's a it's an issue
- 1:19:25Speaker 1: of them not being willing to. And I don't think
- 1:19:29Speaker 1: they keep them around for their own political benefit. It's
- 1:19:32Speaker 1: too cynical overview, and what they're actually doing by keeping
- 1:19:35Speaker 1: them around is encouraging the far right, like the a
- 1:19:40Speaker 1: f D in Germany and like you know, Reform in
- 1:19:43Speaker 1: the UK. Who they who will kick them out? Now?
- 1:19:47Speaker 1: I'm not sure UFD or Reform will actually do anything
- 1:19:50Speaker 1: about the Islam's threat. I don't know, but I don't
- 1:19:55Speaker 1: think they have they know what to do either. But
- 1:19:59Speaker 1: keeping the Islamish around does not help the people in
- 1:20:02Speaker 1: power today. It actually weakens them visa vida opposition and
- 1:20:08Speaker 1: generally these kind of conspiracies, I think it's just sophisticated
- 1:20:12Speaker 1: for these people. They're not that sophisticated. It's good for
- 1:20:17Speaker 1: the movies, but not for reality of politicians. Silvana Sossa
- 1:20:22Speaker 1: asks thank you for enjuring Trump's speech so I don't
- 1:20:25Speaker 1: have to. If Trump is pulling one hundred and eighty
- 1:20:28Speaker 1: on Greenland, maybe he'll be more eager to go after Iran.
- 1:20:31Speaker 1: It's not clear why, and given wick Cough, it seems
- 1:20:35Speaker 1: like suddenly his preference would be negotiated. Now. It could
- 1:20:39Speaker 1: be that dia Tula, because he's a mystic and detection reality,
- 1:20:45Speaker 1: it could be that dia Tulla says, yeah, I'm not negotiating.
- 1:20:48Speaker 1: I'm not negotiating with America with a great devil to
- 1:20:50Speaker 1: help with them. I'm not doing it. And as a consequence,
- 1:20:55Speaker 1: and as a consequence, there's a consequence of them of
- 1:21:01Speaker 1: not negotiating with America kind of forces Trump's high end.
- 1:21:06Speaker 1: But I think Trump will try to negotiate if you can.
- 1:21:12Speaker 1: You know, Trump is this far away from stabbing Israel
- 1:21:16Speaker 1: in the back in a sense, what is allowing to
- 1:21:19Speaker 1: happen in Syria right now? What's encouraging, not just allowing
- 1:21:22Speaker 1: to happen, encouraging to happen in Syria is stabbing Israel
- 1:21:26Speaker 1: in the back. So yeah, I don't I'm not hopeful
- 1:21:35Speaker 1: about Iran. I think the loading up on kind of
- 1:21:39Speaker 1: the weapons and the and the military presence is more
- 1:21:43Speaker 1: of a boggaining chip for negotiations. But I'm not a
- 1:21:46Speaker 1: big fan of negotiations. I mean, you know, I'm not
- 1:21:50Speaker 1: a fan of negotiating with Iran. There's nothing to be
- 1:21:52Speaker 1: gained by the good negotiating with evil. Only evil can
- 1:21:56Speaker 1: can benefit from such a negotiation. But Iran needs is
- 1:22:03Speaker 1: to be to be you know, the regime needs to
- 1:22:08Speaker 1: be taken out, taken out from the air without putting
- 1:22:13Speaker 1: troops on the ground. So you know, I'm negotiat I mean,
- 1:22:22Speaker 1: I'm I think it's evil to negotiate with evil. I
- 1:22:25Speaker 1: think it was it was evil of Israel to negotiate
- 1:22:29Speaker 1: with Hamas. I think getting the hostages back is not
- 1:22:33Speaker 1: worth it, because you just encouraged more hostage taking in
- 1:22:38Speaker 1: the future, and you have emboldened and legitimized the the enemy,
- 1:22:45Speaker 1: the enemy. So I'm not for I was not for
- 1:22:50Speaker 1: negotiating to get hostages out. I'm not for getting hostages out.
- 1:22:54Speaker 1: I'm for rescuing them and in the process of completely
- 1:23:00Speaker 1: and utterly and thoroughly and systematically destroying your enemy. And
- 1:23:06Speaker 1: I've been consistent about this from September, you know, October eighth,
- 1:23:12Speaker 1: from the day after the horrific massacre happened. Remo, Remo,
- 1:23:19Speaker 1: says Schuman or Patten, who would you pick? Well? I
- 1:23:24Speaker 1: mean this one's a little tough because Schumann was sane
- 1:23:31Speaker 1: and Patent was not. But when it really comes down
- 1:23:36Speaker 1: to it, if if what we're doing is grand scale war,
- 1:23:43Speaker 1: there's no question in my mind, no question in my mind.
- 1:23:51Speaker 1: Patent Patent, the pattern was warm, intellectual about war. He
- 1:23:58Speaker 1: understood warm, understood the war. But Pattern was more of
- 1:24:02Speaker 1: a theorist. Patterner was a fort the modern war to
- 1:24:06Speaker 1: leaf modern. Relatively speaking, Schumann was still Husses, right. I mean,
- 1:24:11Speaker 1: so I would trust Pattern much more in an environment
- 1:24:14Speaker 1: like we have today. You know, remember Patten fought the
- 1:24:21Speaker 1: Germans and eviscerated them. I mean it wasn't even close.
- 1:24:27Speaker 1: Pattern could have ended the war six to nine months earlier.
- 1:24:29Speaker 1: I mean, Pattern is just is a genius of warfare,
- 1:24:32Speaker 1: even though he was insane, I mean nuts. And he
- 1:24:37Speaker 1: did all this. Patent did while being handcuffed by Eisenhower,
- 1:24:42Speaker 1: by being weakened by Eisenhower and Bradley, the two politicians
- 1:24:47Speaker 1: of World War two of the US military. So Patterns
- 1:24:53Speaker 1: is I think the greatest general in history. You know,
- 1:24:56Speaker 1: I shouldn't say that. I'm not qualified to make that
- 1:24:59Speaker 1: that statement, but from what I know and and uh
- 1:25:04Speaker 1: RICTA Davis Hanson or I think it's very good. Military you're
- 1:25:06Speaker 1: starting bad and other stuff, but military is starting. He's good.
- 1:25:11Speaker 1: You know, has a book on Showman and patent and
- 1:25:14Speaker 1: I think pattern is yeah. I would take pattern. UHM.
- 1:25:18Speaker 1: Also twelve yuro old value for value. Thank you, remo
- 1:25:21Speaker 1: appreciate that. I like numbers says when you say the
- 1:25:26Speaker 1: EU governs more efficiently, are you saying that it can't
- 1:25:29Speaker 1: get rid of big government? If we can't get rid
- 1:25:31Speaker 1: of government, we should at least try to be more
- 1:25:34Speaker 1: like the EU. Now, I did not say the EU
- 1:25:36Speaker 1: governs more efficiently. I just I you know, maybe you
- 1:25:40Speaker 1: can find me a statement of me saying that, but
- 1:25:41Speaker 1: I doubt it. What I said was the welfare The
- 1:25:45Speaker 1: European welfare state is more efficient than the US welfare state.
- 1:25:48Speaker 1: That's a fact. The EU is better at redistributing wealth
- 1:25:53Speaker 1: than Americas in terms of getting into the recipient with
- 1:25:56Speaker 1: with less transaction costs, and in terms of having fewer
- 1:25:59Speaker 1: programs and fewer confusions, and and just it's it's better
- 1:26:03Speaker 1: at it now I'm against the welfare state. Now would
- 1:26:08Speaker 1: I prefer an efficient welfare state to an inefficient welfare state?
- 1:26:12Speaker 1: You know, I don't know. You know, it depends on
- 1:26:15Speaker 1: what the goal of the welfare state, particularly welfare system
- 1:26:18Speaker 1: was and was it focused on at all trying to
- 1:26:20Speaker 1: get people back to work or to work at all.
- 1:26:24Speaker 1: But uh, you know this inefficient is is not bad
- 1:26:27Speaker 1: if you're not trying to get them to work. If
- 1:26:29Speaker 1: if your goal is to get them to work, then
- 1:26:31Speaker 1: efficiency is good. But look, I'm against the welfare state.
- 1:26:34Speaker 1: I don't care. You know, the Europeans waste less money
- 1:26:39Speaker 1: on getting the money to the recipient. Is that good?
- 1:26:43Speaker 1: Is that bad? You know? I you know, I'm against
- 1:26:48Speaker 1: I'm against getting the money to the recipient, but I'm
- 1:26:49Speaker 1: also against inefficiency. I'm just making a statement of effect
- 1:26:56Speaker 1: and that doesn't go beyond the welfare state. Hupacambo, yep.
- 1:27:02Speaker 1: Western civilization is over. Will they start building the concentration
- 1:27:07Speaker 1: camps on the coasts of the Midwest first, or maybe
- 1:27:12Speaker 1: on Greenland? Well, Greenland, I've said Greenland would be the Gulags.
- 1:27:15Speaker 1: Won't be concentration camps, but it'll be the place where
- 1:27:19Speaker 1: they send people like me. When they send their opposition
- 1:27:22Speaker 1: to the Gulag, it'll be in Greenland. Uh. I'm alreally cold,
- 1:27:26Speaker 1: shivering just from the thought of it. I know. Let's
- 1:27:31Speaker 1: not exaggerate again. Lower the temperature. We're not setting up
- 1:27:35Speaker 1: concentration camps. The Gulags are not coming, not yet anyway.
- 1:27:38Speaker 1: Maybe in a couple of decades, but we're not quite
- 1:27:40Speaker 1: there yet. So let's just lower the lower the volume.
- 1:27:45Speaker 1: Na Chavi zagorithm. Why is Trump able to go on
- 1:27:48Speaker 1: as such a cult following. He's not particularly charismatic. He
- 1:27:50Speaker 1: seems deranged. Get people follow him for as a prophet
- 1:27:54Speaker 1: who can do no wrong? I think it's because he's deranged.
- 1:27:57Speaker 1: He comes across as he says what he thinks. He
- 1:28:00Speaker 1: believes his stuff. He's passionate, he's tough. He's willing to say, oh,
- 1:28:09Speaker 1: I have some enemies in this room, and hey, McCaughan,
- 1:28:12Speaker 1: what was with those glasses yesterday? Why were you wearing
- 1:28:15Speaker 1: those sunglasses indoors? What's up with your eye? You know,
- 1:28:18Speaker 1: he's willing to say stuff like that. People love that,
- 1:28:22Speaker 1: and that makes them think he's genuine, that he's honest,
- 1:28:27Speaker 1: But he's not. He says what ever comes into his mind.
- 1:28:32Speaker 1: That's true in that sense, he's genuine, but whatever comes
- 1:28:35Speaker 1: into his mind is often just delusional, made up lies,
- 1:28:42Speaker 1: and some lies he cultivates some lives. He knows their
- 1:28:44Speaker 1: lies and works on it. He also comes across as
- 1:28:49Speaker 1: as a man. They like masculinity, or their version of masculinity.
- 1:28:54Speaker 1: I mean, when the tape came out about Trump grabbing
- 1:28:58Speaker 1: women by the you know what, I thought. I was
- 1:29:01Speaker 1: very naive in those days. I thought, that's the end.
- 1:29:04Speaker 1: You can't recover from that. Nobody's going to vote for him,
- 1:29:07Speaker 1: like you don't talk like that about women and again
- 1:29:10Speaker 1: elected president of the United States of America. I thought that.
- 1:29:14Speaker 1: I thought that didn't Nope, you know, they loved him,
- 1:29:20Speaker 1: including women. I don't get it. I don't understand it.
- 1:29:25Speaker 1: In my view, that is a disgusting thing to say.
- 1:29:29Speaker 1: That makes you disqualified. If if one of my employees
- 1:29:32Speaker 1: said that, I'd fire them, I'd fire them. So. Uh.
- 1:29:45Speaker 1: His supposed masculinity is disregard for women. His anti feminism,
- 1:29:52Speaker 1: I guess, which is disgusting the way it manifests in
- 1:29:56Speaker 1: him appeals to them, you know. But but Jen is
- 1:30:01Speaker 1: disregard for the norms. He is willing to break the norms,
- 1:30:06Speaker 1: he's willing to threaten people, his thuggishness, his it fits
- 1:30:12Speaker 1: into the you know, Michael Knowles twelve twenty. We want
- 1:30:17Speaker 1: you want to go back to the Bronze Age. We
- 1:30:19Speaker 1: want warriors to lead us in a Bronze Age. Not
- 1:30:21Speaker 1: I only think Trump would survive in the bard James.
- 1:30:23Speaker 1: I think he's he's he's one of these weak thugs
- 1:30:26Speaker 1: that would fail and flounder in a real fight. But
- 1:30:31Speaker 1: in the modern age, this is about as good as
- 1:30:33Speaker 1: it gets. And it's the same reason why people love gangsters.
- 1:30:37Speaker 1: Why do we all love gangster movies? And we love
- 1:30:39Speaker 1: to see gangsters, the horbable, the emo bastards who commit
- 1:30:43Speaker 1: the most vicious, horrific crimes, and yet the movies do really,
- 1:30:46Speaker 1: really well. There's a thudin appeal for a lot of
- 1:30:53Speaker 1: people to thuggishness. All right, X sit, thank you, Monk,
- 1:31:03Speaker 1: thank you, and Wes fifty dollars sticker, Thank you. Wes
- 1:31:07Speaker 1: really appreciate it. That is great shipping away at that goal.
- 1:31:12Speaker 1: But we still got a way to go. Not you
- 1:31:17Speaker 1: have a j algorithm, says why is Trump able to
- 1:31:19Speaker 1: garners such a cult? Oh, we just did that right,
- 1:31:21Speaker 1: not you have a JOGORITHM. Again, why are the negative
- 1:31:24Speaker 1: economic effects of trump cap on credit cards? Well, I mean,
- 1:31:28Speaker 1: if you put a capital interest rates right, price controls,
- 1:31:32Speaker 1: you're the still need supplying demand. So why did credit
- 1:31:38Speaker 1: card companies charge your high interest rates? Because if you
- 1:31:40Speaker 1: carry a balance, then you know a lot of people
- 1:31:45Speaker 1: have credit cards. I have a lot of credit cards.
- 1:31:48Speaker 1: I never never carry a balance. I haven't carried a
- 1:31:50Speaker 1: balance in years and years and years because I paid
- 1:31:54Speaker 1: off every month. Credit cards are there for convenience for me.
- 1:31:58Speaker 1: People who carry a credit card balance, this is certain
- 1:32:01Speaker 1: probability they will not pay it back. They will go bust,
- 1:32:04Speaker 1: they won't be able to pay it. So the credit
- 1:32:07Speaker 1: card company has to charge a high interest and not
- 1:32:09Speaker 1: to compensated for the risk that you won't pay it back. Now,
- 1:32:13Speaker 1: if it cannot charge that industry, if by law they
- 1:32:16Speaker 1: can't charge the interustrate, that high industrate, they can only
- 1:32:20Speaker 1: charge ten percent. Then if you are high risk, if
- 1:32:25Speaker 1: you're the kind of person where there's even a chance
- 1:32:28Speaker 1: that you won't pay your credit card back, which is
- 1:32:31Speaker 1: most of the people who carry balances, then I'm not
- 1:32:35Speaker 1: going to give you a credit card I'm going to
- 1:32:37Speaker 1: withdraw the credit line from you. I'm going to force
- 1:32:40Speaker 1: you to pay it back right now. And then where
- 1:32:42Speaker 1: these people are going to get the one need to
- 1:32:43Speaker 1: pay off their credit card balances, They're going to have
- 1:32:47Speaker 1: to go to payday lenders or loan shocks right a
- 1:32:53Speaker 1: ten percent. No bank is going to give you credit
- 1:32:57Speaker 1: for the kind of sums that are being cavied on
- 1:33:01Speaker 1: credit cards, So credit card companies shrink. I get a
- 1:33:07Speaker 1: credit card because I pay mine on time and I
- 1:33:10Speaker 1: have relatively speaking a large income, so they trust me
- 1:33:13Speaker 1: to pay my credit so they don't worry about twenty
- 1:33:15Speaker 1: five percent charging me twenty five percent. But if you
- 1:33:19Speaker 1: don't have a high income, you don't have a a
- 1:33:23Speaker 1: and you've got and you carry your balance, you're not
- 1:33:27Speaker 1: going to get a credit card. So those people, you know,
- 1:33:32Speaker 1: are going to be in real, real trouble. The banking
- 1:33:36Speaker 1: system is going to be crushed because a lot of
- 1:33:38Speaker 1: those people won't now be able to pay back their loans.
- 1:33:43Speaker 1: Credit card companies will say you have to pay it
- 1:33:46Speaker 1: now and the people and the people say we can't,
- 1:33:48Speaker 1: and now I have to fall with bankruptcy. So it
- 1:33:51Speaker 1: is it is just you know, by every economic any
- 1:33:56Speaker 1: price control creates massive economic distinction. And this is just
- 1:34:01Speaker 1: the first level effect. I'm sure the second and third
- 1:34:03Speaker 1: level effects that I haven't really thought about yet. Clark,
- 1:34:12Speaker 1: is ICE only engaging in this level of thuggery in Minnesota,
- 1:34:16Speaker 1: all over the country, really all over the country, particularly
- 1:34:19Speaker 1: in Minnesota because of the Somali threat threat in quotation marks,
- 1:34:25Speaker 1: and because they've they've got there are a lot of them there,
- 1:34:28Speaker 1: so they've sent over two thousand I think ICE to Minnesota,
- 1:34:33Speaker 1: so there's a high concentration of them. But no, they're
- 1:34:35Speaker 1: engaging in this all over the country. You keep seeing
- 1:34:37Speaker 1: videos from all over the country of ICE agents behaving
- 1:34:42Speaker 1: horrifically towards often American citizens. James, will that be a
- 1:34:50Speaker 1: bit like Trump? A bullish thug. He referred to the
- 1:34:53Speaker 1: Civil Rights Bill as the end World Bill. I think
- 1:34:57Speaker 1: he was thugish, but he was I think most sophistigated, smarter,
- 1:35:02Speaker 1: a politician's politician. Remember, he came out of the Senate,
- 1:35:05Speaker 1: Senate at the House. He had been in politics for
- 1:35:08Speaker 1: a long time. He was he didn't he didn't come
- 1:35:12Speaker 1: at it from a mafiosa perspective the way, and and
- 1:35:16Speaker 1: a and a forced perspective. He he manipulated the system
- 1:35:20Speaker 1: from within. He was a internal but yeah, he was.
- 1:35:23Speaker 1: He was rude, he was he was aggressive, but he
- 1:35:26Speaker 1: he didn't have this mentality of just grab and and
- 1:35:33Speaker 1: he was intelligent. He was intelligent. Trump is just not intelligent.
- 1:35:36Speaker 1: He just he's not a smart guy. He's he's pretty dumb, James,
- 1:35:42Speaker 1: even if ther wasn't as much of an immature whim
- 1:35:45Speaker 1: worshiping as Trump. But did that make his staateus the
- 1:35:48Speaker 1: more dangerous? Yeah, FDR was certainly not immature. And again
- 1:35:52Speaker 1: FDR is much smarter than Trump. Fd I was a
- 1:35:54Speaker 1: smart guy. He made huge mistakes and he also did
- 1:36:00Speaker 1: really horbable and dangerous things. Was he more dangerous? Possibly?
- 1:36:06Speaker 1: The problem with Trump is that he is dismantling out
- 1:36:11Speaker 1: the very this is I show on Saturday that I
- 1:36:13Speaker 1: did about the constitutional order. He's dismantling the very nature
- 1:36:17Speaker 1: of our constitutional order. And I don't know that there's
- 1:36:20Speaker 1: coming back from that. Whereas with FDR, you can come
- 1:36:23Speaker 1: back from it. And it didn't affect the fundamental nature
- 1:36:27Speaker 1: of the order. Though it affected the behavior this has
- 1:36:29Speaker 1: been caught. It didn't behave it didn't like change the
- 1:36:32Speaker 1: chicks and balances, and to too large of an extent,
- 1:36:38Speaker 1: I think with Trumpet shattering all of that, which makes
- 1:36:42Speaker 1: it much worse an aim. Are you for international laws
- 1:36:47Speaker 1: superseding US law? No, I don't believe in international laws
- 1:36:49Speaker 1: at all. I don't think there should be international laws.
- 1:36:52Speaker 1: You can have treaties that the government science and need
- 1:36:55Speaker 1: to be approved by Congress, but I don't believe in
- 1:36:59Speaker 1: international law. I don't believe in the Geneva Convention. I
- 1:37:01Speaker 1: don't believe in any one of these these kind of
- 1:37:04Speaker 1: and I don't think Dealer should have signed the Geneva Convention.
- 1:37:08Speaker 1: But I certainly don't believe in international law. Like a
- 1:37:11Speaker 1: court system and laws that restrict you. There's no enforcement mechanism,
- 1:37:17Speaker 1: and there's no standard, there's no where's the international Constitution?
- 1:37:21Speaker 1: There is none. So by what standard you pass international laws?
- 1:37:25Speaker 1: The whole concept of international law is I think defunct.
- 1:37:32Speaker 1: Paul Trump seems to have given up on Greenland. Yes,
- 1:37:36Speaker 1: as soon as you have stood up to him. Yeah,
- 1:37:38Speaker 1: I mean he's a bully. What do you do with
- 1:37:40Speaker 1: a bully? You stand up to him, and I almost
- 1:37:43Speaker 1: always fail. You know a fold the way you deal
- 1:37:47Speaker 1: with the bully is you don't like Europeans have You
- 1:37:50Speaker 1: don't groovel before him, you don't complement him, you don't
- 1:37:55Speaker 1: play with him. You you stand up to him and
- 1:37:58Speaker 1: say stop it, this is stupid, get over it. So
- 1:38:04Speaker 1: you know, uh it, Paul says, like any bully gives
- 1:38:07Speaker 1: up one challenges absolutely, and I don't know why people
- 1:38:10Speaker 1: don't learn this. Uh, John says. Emily Schrader has a
- 1:38:17Speaker 1: Wikipedia page. Yeah, I'll check it out. I'll check it out.
- 1:38:19Speaker 1: And I'm right. She is an Israeli American journalist. She's
- 1:38:26Speaker 1: a TV anchor at il TV. All Right, Harpacampbell, Nick
- 1:38:33Speaker 1: Foyants and a group of popular social media personalities just
- 1:38:35Speaker 1: did a white supremacist rally. We are witnessing public uh
- 1:38:40Speaker 1: not Nazi glorification, and it's dangerous. I don't think it
- 1:38:43Speaker 1: was a rally. I think they went to this nightclub
- 1:38:46Speaker 1: I mentioned this yesterday where Kanye song about Hitler was
- 1:38:50Speaker 1: played and they went and they sang along with it,
- 1:38:53Speaker 1: and they did the whole thing. And then afterwards, what
- 1:38:58Speaker 1: do you call them? Some of the people that tried
- 1:39:01Speaker 1: to distance themselves on the Nazis. But yeah, it is
- 1:39:04Speaker 1: very dangerous, but it is what it is, and you
- 1:39:07Speaker 1: have to fight it, and I encourage you to keep
- 1:39:10Speaker 1: on fighting it. We're almost done with questions, there are
- 1:39:13Speaker 1: five more questions left. I encourage you to support the show.
- 1:39:17Speaker 1: We're still about one hundred and seventy five dollars short
- 1:39:20Speaker 1: of a second hour goal, and we're well into the
- 1:39:22Speaker 1: second hour, so please consider coming and supporting the show.
- 1:39:25Speaker 1: We've got one hundred and seventy six people watching, oh
- 1:39:27Speaker 1: and one hundred and seventy six dollars down, so dollar
- 1:39:31Speaker 1: person trade. It's a trade, you know, value for value.
- 1:39:35Speaker 1: I produce these shows, I offer them for free on
- 1:39:37Speaker 1: the Internet, and the way I fund this can't do
- 1:39:42Speaker 1: it for free. I'm not that rich. Can't do it
- 1:39:44Speaker 1: for free? Is I? You know? You guys support me.
- 1:39:48Speaker 1: You guys offered to support through stickers and through super
- 1:39:52Speaker 1: chats and through Patreon dot com. And that's how I
- 1:39:56Speaker 1: can afford to do the shows for free. Sof if
- 1:40:00Speaker 1: you gain value from this, please consider supporting smazing. Is
- 1:40:07Speaker 1: it possible that Trump or those close to him are
- 1:40:11Speaker 1: trading in advance based on the major policy swings? Yes,
- 1:40:17Speaker 1: I mean there seems to be significant evidence that people
- 1:40:23Speaker 1: within administration are inside of trading on the policy changes
- 1:40:29Speaker 1: that he makes and making money off of it. So yes,
- 1:40:36Speaker 1: I don't have it in front of me, but people
- 1:40:39Speaker 1: have done whole lists of where this has happened. Price movement,
- 1:40:42Speaker 1: when the announcement is made, when people start buying, and
- 1:40:46Speaker 1: it's clear people are inside of trading. Well, it says
- 1:40:50Speaker 1: you defend post World War two worldwide didn't ironmand like it.
- 1:40:54Speaker 1: I don't like it either. I defend it as compared
- 1:40:58Speaker 1: to what Trump is offering. The war. I don't like Europe,
- 1:41:02Speaker 1: but I'll defend Europe as compared to Russia was compared
- 1:41:06Speaker 1: to Islam. I don't like America, the way America is going,
- 1:41:11Speaker 1: the direction of America is going, and the economic growth
- 1:41:15Speaker 1: and whatever, but I'll defend it as compared to the
- 1:41:18Speaker 1: socialist alternative the Trump and the Left are offering us.
- 1:41:25Speaker 1: So the world order post World War two is far
- 1:41:31Speaker 1: better than what we're being led towards. And if Rand
- 1:41:39Speaker 1: had something to say about like the United States vis
- 1:41:43Speaker 1: a vis for example, Soviet Union post World War two,
- 1:41:45Speaker 1: it was that the US is two weak, didn't stand
- 1:41:48Speaker 1: up enough against them, dealt with them as if they
- 1:41:52Speaker 1: were equals, gave them moral sanction. Well, I mean, what
- 1:41:56Speaker 1: would you say about how we treat Russia and we
- 1:42:00Speaker 1: roll out the red carpet for Russia. We treat Russia
- 1:42:02Speaker 1: even better than people traded the Soviet Union, which he hated.
- 1:42:07Speaker 1: So you can say that the post World War two
- 1:42:14Speaker 1: world was terrible moving to a status interventionist week and
- 1:42:21Speaker 1: will no spine and still say yeah, but it was
- 1:42:24Speaker 1: better than the way Europe is today and the way
- 1:42:26Speaker 1: the West is acting today. It's not ideal. I've said
- 1:42:30Speaker 1: what my ideal is. My ideal is the United States
- 1:42:35Speaker 1: leave NATO, Europe has its own NATO. My ideal is
- 1:42:40Speaker 1: Europe becomes a las Fai capitalist federation federation. Why am
- 1:42:52Speaker 1: I compared? Why is your attitude towards the world today
- 1:42:56Speaker 1: being compared to how Dagny and Ridden act in a novel?
- 1:43:01Speaker 1: It's a novel, God, wake up. And by the way,
- 1:43:05Speaker 1: Dagne is constantly defending the world. It's why I don't
- 1:43:10Speaker 1: want to give it away. But why she doesn't do
- 1:43:12Speaker 1: what Goat wants it to do. Why is she doing
- 1:43:15Speaker 1: that because he's defending the world. You gotta start thinking thinking.
- 1:43:25Speaker 1: I know it's hard, but you gotta. You gotta use thinking.
- 1:43:33Speaker 1: You gotta look at the world and you know, uh,
- 1:43:37Speaker 1: Trump sucks. He's moving us in the wrong direction and
- 1:43:43Speaker 1: saying I'd rather he not move us in the wrong direction.
- 1:43:46Speaker 1: Even though where we were before was bad, where he's
- 1:43:50Speaker 1: taking us is worse. Why why is that hard for
- 1:43:53Speaker 1: people to get if things are could be ten, they're
- 1:44:00Speaker 1: right therefore, and Trump is moving us to one. Why
- 1:44:04Speaker 1: wouldn't you say yeah rather before than a one? And
- 1:44:08Speaker 1: in order to get to ten, I'd probably have to
- 1:44:10Speaker 1: be at four to get us to ten, and one
- 1:44:12Speaker 1: makes it very difficult for us to get to ten.
- 1:44:19Speaker 1: Dagni and Hank didn't have a somebody, I mean, why
- 1:44:22Speaker 1: it says at what point did Dagny and Hank defend
- 1:44:24Speaker 1: the world? What the hell? Of course they defended the world.
- 1:44:27Speaker 1: It's why they stayed in the world to work. It's
- 1:44:31Speaker 1: exactly their error. But it's a novel and they didn't
- 1:44:34Speaker 1: have a show where they comment on daily news daily
- 1:44:45Speaker 1: How do you comment in the news without comparing, without
- 1:44:48Speaker 1: making contrasts and comparisons, without saying, we're hitting in the
- 1:44:51Speaker 1: wrong direction and things were better before we hit it
- 1:44:53Speaker 1: in the wrong How do you do it? I guess
- 1:44:57Speaker 1: you don't want me to complain about Trump because he's
- 1:45:01Speaker 1: smashing the old odor, and the old ODO is bad.
- 1:45:04Speaker 1: So smashing the old odor is good because the old
- 1:45:07Speaker 1: order was bad. But that's not thinking because if smashing
- 1:45:10Speaker 1: the old odor, which was bad, is going to lead
- 1:45:13Speaker 1: to something even worse, then smashing the old order is
- 1:45:16Speaker 1: not good. Think the ocean is jumping into this late.
- 1:45:27Speaker 1: But I just saw Trump is no longer pushing twos
- 1:45:30Speaker 1: of a greenland now certified out of the deal moment. Yeah. Yeah,
- 1:45:35Speaker 1: we talked about that already, So he's back down. There's
- 1:45:38Speaker 1: a deal in the making. I described what I thought
- 1:45:41Speaker 1: the deal is going to be. You can listen to
- 1:45:43Speaker 1: the show. At the beginning of the show, I describe
- 1:45:45Speaker 1: all that. So yes, Linda, Genesis, Part one of Quinn
- 1:45:50Speaker 1: Coodere's epic novel series is free until midnight tonight on
- 1:45:55Speaker 1: the Big A Bookstore, Amazon Bookstore. Thanks you, Ron, great,
- 1:46:00Speaker 1: appreciate you. Yeah, check out Quincode's Genesis Part one, which
- 1:46:04Speaker 1: is on my shelves. I'm gonna get to it, I promise,
- 1:46:09Speaker 1: Linda says spot on about American dead beats and criminals.
- 1:46:12Speaker 1: Let's focus on the real problem. Yeah, dead beats and
- 1:46:14Speaker 1: criminals wherever they happen to come from, some of them
- 1:46:18Speaker 1: come from this country. Savanna says, like the show. Thanks Jonn. Yeah,
- 1:46:24Speaker 1: don't forget, I'd like the show. Subscribe if you'd like
- 1:46:29Speaker 1: to get notified about future shows, it'd be great for
- 1:46:31Speaker 1: you to subscribe. Make comments. Yeah, Roman should republics cut
- 1:46:41Speaker 1: diplomatic ties with countries like Russia, China and monarchies in general. Yes,
- 1:46:48Speaker 1: in my view, but that is an articulation of my
- 1:46:52Speaker 1: entire approach to fawn policy, which you know it would
- 1:46:57Speaker 1: take us a while for me to articulate. But yes,
- 1:47:01Speaker 1: I believe that free countries should cut diplomatic ties around
- 1:47:07Speaker 1: free countries and suddenly from countries that they define as enemies.
- 1:47:13Speaker 1: And for example, Russia, I think it's bizarre that we
- 1:47:17Speaker 1: have diplomatic relations with Russia while we're I don't know,
- 1:47:21Speaker 1: funding Ukraine bombing Russia whatever, right, it doesn't make any sense, right,
- 1:47:27Speaker 1: or Ukraine fighting off Russia. So yes, I think diplomatic
- 1:47:32Speaker 1: relations should be cut. Alexis Trump was confused between Iceland
- 1:47:39Speaker 1: and Greenland in a speech today. Do you think there's
- 1:47:42Speaker 1: a chance he might invade the wrong island? You know,
- 1:47:45Speaker 1: luckily he has generals who probably can actually read a map.
- 1:47:48Speaker 1: But yes, on a number of occasions, not once. Several
- 1:47:51Speaker 1: occasions Trump talked about Iceland when he meant Greenland. And
- 1:47:56Speaker 1: imagine if Biden had done that, and how the right
- 1:47:59Speaker 1: would be flipping out right now, and how you know
- 1:48:03Speaker 1: he's losing his mind. He's not coherent, he's not here.
- 1:48:07Speaker 1: A number of occasions he used Iceland instead of it.
- 1:48:10Speaker 1: So but that is Trump. That's who we have. Thank
- 1:48:16Speaker 1: you Linda for the stick up. Thank you to all
- 1:48:19Speaker 1: the super chatters and the stickers and everybody else who listened.
- 1:48:21Speaker 1: I appreciate it. I will see you guys tomorrow, and
- 1:48:27Speaker 1: uh yeah, I have a great rest of your week
- 1:48:29Speaker 1: and look forward to talking to you tomorrow. Richard came
- 1:48:32Speaker 1: in quickly with a question. Trump is more earned has
- 1:48:35Speaker 1: more earned respect than any other president. Too many people
- 1:48:39Speaker 1: have too much faith in him. Oh sorry, Trump is
- 1:48:44Speaker 1: more unearned respect than any other president. Too many people
- 1:48:48Speaker 1: have too much faith in him. I agree with you,
- 1:48:50Speaker 1: and it is faith because it ain't based on any evidence,
- 1:48:54Speaker 1: so it's really is faith. I agree completely. Thank you, Bye, guys,
- 1:49:02Speaker 1: I will see you. Actually, you know, Iceland is this
- 1:49:06Speaker 1: little island in Greenland is this massive space. Iceland has
- 1:49:09Speaker 1: more people than Greenland. Iceland is more populated, populous, I
- 1:49:14Speaker 1: mean the main city in Iceland, the one city in Iceland,
- 1:49:18Speaker 1: the only city in Iceland, has more people in it
- 1:49:20Speaker 1: than all of Greenland and Iceland. Is this a spec
- 1:49:26Speaker 1: I will see you all tomorrow. Bye, everybody,