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Wayne Allyn Root’s WAR Zone 12-01-25 Hour 2 · Wayne Allyn Root’s WAR Zone Podcast

• 0:10
  Speaker 1: Warning!
• 0:10
  Speaker 2: The Root!
• 0:11
  Speaker 3: The Root!
• 0:12
  Speaker 1: The Root's on fire!
• 0:14
  Speaker 4: You're about to experience the most high-octane, pedal-to-the-metal controversial show
• 0:18
  Speaker 4: of your life. Please buckle up and hold on tightly.
• 0:21
  Speaker 4: This station is not responsible for injuries. This is Wayne
• 0:25
  Speaker 4: Allen Root, direct from the entertainment capital of the world.
• 0:28
  Speaker 5: Las Vegas. What time is it? It's time for War!
• 0:34
  Speaker 4: Here's your host, 100% raw truth, 100% American made, the warrior,
• 0:40
  Speaker 4: Wayne Allen Root.
• 0:54
  Speaker 3: Welcome back.
• 0:55
  Speaker 6: Seven minutes after the hour, the very first show of December.
• 0:59
  Speaker 1: My name is Lee Elsie. They call me the voice.
• 1:03
  Speaker 6: Of freedom here in Connecticut, broadcasting out over the entire country.
• 1:07
  Speaker 1: Of course, War Zone is the name of the show.
• 1:09
  Speaker 1: Wayne Allen Root will be back tomorrow.
• 1:12
  Speaker 6: And again, he'll be right back there in his studio
• 1:14
  Speaker 6: in Las Vegas.
• 1:15
  Speaker 1: You can watch what's going on at patriot.tv. That's an awesome.
• 1:20
  Speaker 6: You should save that on your browser, have it there
• 1:23
  Speaker 6: for you all the time.
• 1:24
  Speaker 1: Of course, you can watch Wayne's show.
• 1:25
  Speaker 6: You can watch my show each and every morning to
• 1:28
  Speaker 6: 6 o'clock to 10 o'clock on Patriot's Rumble channel, which
• 1:31
  Speaker 6: is always awesome. The Gateway Pundit has us as well.
• 1:34
  Speaker 6: You can go to Root for America, Wayne's Getter, Wayne's Rumble,
• 1:38
  Speaker 6: and X as well to watch everything and anything. You
• 1:41
  Speaker 6: can email me, leelcradio at gmail.com. Send something my way.
• 1:46
  Speaker 6: And we'll go back and forth that way.
• 1:48
  Speaker 1: You know what's not a friend of mine? I know
• 1:50
  Speaker 1: it's technology. Technology hates me.
• 1:53
  Speaker 6: So in the break, I went to a website that
• 1:56
  Speaker 6: I've gone to a bajillion times to do something that
• 1:59
  Speaker 6: I've done a bajillion times. And then sort of the
• 2:03
  Speaker 6: part of the website that I would click on to
• 2:05
  Speaker 6: do what I wanted to do, not there.
• 2:08
  Speaker 1: MIA, missing in action.
• 2:11
  Speaker 6: So then I'm just sitting there searching like a dope
• 2:14
  Speaker 6: looking around the website and can't find it.
• 2:16
  Speaker 1: Nowhere to be found. All right.
• 2:20
  Speaker 6: A couple of things I want to talk about here
• 2:21
  Speaker 6: in this segment. One, number one is, again, kudos. I
• 2:26
  Speaker 6: don't agree with everything Trump does. Right. I mean, I
• 2:30
  Speaker 6: just I have some things that, you know, he sort
• 2:33
  Speaker 6: of roaches on that makes me uncomfortable.
• 2:36
  Speaker 1: But I'll tell you, man, knocking these boats out of
• 2:39
  Speaker 1: the water filled with drugs. I am all about it.
• 2:41
  Speaker 6: I know now there's been some backpedaling.
• 2:44
  Speaker 1: You know, some of the folks are getting.
• 2:45
  Speaker 6: A little wishy-washy, a little, you know, a little squeamish
• 2:50
  Speaker 6: when it comes to this stuff. Blow them to smithereens,
• 2:54
  Speaker 6: one after another, after another, after another.
• 2:57
  Speaker 1: I'm all in. I'm all behind you with this.
• 3:00
  Speaker 6: You know, these are people who are coming to this country,
• 3:03
  Speaker 6: spreading poison, spreading the, you know, this drug trade that
• 3:07
  Speaker 6: is killing millions.
• 3:10
  Speaker 1: Of Americans.
• 3:11
  Speaker 6: So, you know, finally, we actually have somebody who is
• 3:15
  Speaker 6: aggressive in the war on drugs. And still, you've got
• 3:17
  Speaker 6: people who are like.
• 3:19
  Speaker 1: No, you can't do it. What about due process? What
• 3:21
  Speaker 1: about this? What about this? Oh, they're this. They're fishermen.
• 3:24
  Speaker 1: None of that is true. None of it.
• 3:27
  Speaker 6: First of all, they don't get due process. They're out
• 3:29
  Speaker 6: in the middle of the ocean. It's a completely different dynamic.
• 3:33
  Speaker 2: And.
• 3:35
  Speaker 6: It just seems to me that there are cases where
• 3:38
  Speaker 6: the Dems, progressives, they just want to be contrarian to
• 3:41
  Speaker 6: what is a good idea and a solid idea. So
• 3:46
  Speaker 6: keep blowing those boats completely out of the water. I
• 3:50
  Speaker 6: want to talk about how, though, we are at a crossroads.
• 3:54
  Speaker 1: We are.
• 3:56
  Speaker 6: We are at a crossroads, maybe more dangerous than any
• 3:59
  Speaker 6: battlefield our forefathers ever faced a You know, they confronted
• 4:04
  Speaker 6: kings across oceans. We confront a government that is built
• 4:11
  Speaker 6: on debt. And we have had to face off against
• 4:15
  Speaker 6: a government that is lined with unscrupulous serpents who are
• 4:22
  Speaker 6: only out for themselves. The chains today are not forged
• 4:29
  Speaker 6: in iron, but again, back to debt, to regulation, to surveillance,
• 4:35
  Speaker 6: and that money printing that never sleeps. I told you
• 4:38
  Speaker 6: today was going to be about money. And yet the
• 4:41
  Speaker 6: remedy today is the same as it was in 1776. Courage, clarity,
• 4:50
  Speaker 6: and the unshakable refusal to live today.
• 4:55
  Speaker 1: On your knees.
• 4:56
  Speaker 6: That is what makes Americans great. And the hour is late,
• 5:02
  Speaker 6: but it's not too late. What has to be done,
• 5:07
  Speaker 6: not tomorrow, but today, it has to be done today
• 5:11
  Speaker 6: and every day up until Election Day.
• 5:14
  Speaker 1: We have to balance this budget somehow.
• 5:16
  Speaker 6: We have to figure out and get people in place
• 5:18
  Speaker 6: in Congress that are willing to to forge forward with
• 5:22
  Speaker 6: that because borrowing from your children is going to be
• 5:27
  Speaker 6: the ruin of the United States of America. And as
• 5:29
  Speaker 6: I've said to you already, in 2025, we spend more
• 5:33
  Speaker 6: than a trillion dollars just to pay interest on debt.
• 5:38
  Speaker 6: That's more than the national defense, more than Medicaid, Medicare,
• 5:42
  Speaker 6: more than any other discretionary program that we have.
• 5:47
  Speaker 1: That's not governance. That's theft. across generations. And I think
• 5:54
  Speaker 1: it's theft that's being.
• 5:55
  Speaker 6: Fueled by these unscrupulous, diabolical, anti-American people hiding behind the scenes.
• 6:07
  Speaker 6: And they just are all about power. And to keep power,
• 6:11
  Speaker 6: they have to make promises. And to keep those promises,
• 6:14
  Speaker 6: they have to spend money. And to spend that money,
• 6:17
  Speaker 6: they have to print it, and they are mortgaging your
• 6:19
  Speaker 6: kids' future. It's a theft across generations. Pass a balanced
• 6:26
  Speaker 6: budget amendment. Do it with teeth. No more continuing resolutions.
• 6:30
  Speaker 6: By the way, that's all we got is a continuing resolution.
• 6:32
  Speaker 6: There's no balanced budget. There's no budget. They're monstrous omnibus monstrosities.
• 6:39
  Speaker 6: So we have to be accountable for every dollar that
• 6:46
  Speaker 6: we spend. Every dollar that's debated on the floors of Congress,
• 6:50
  Speaker 6: we need to know where they're going.
• 6:51
  Speaker 5: Where it's going.
• 6:53
  Speaker 6: And Congress should only spend what it taxes. It shouldn't
• 6:57
  Speaker 6: spend more money than it has ever. Now, you may say, well,
• 7:02
  Speaker 6: what about in a case of a dire emergency? Okay, well,
• 7:04
  Speaker 6: if we're at war, it's a different scenario. But what's
• 7:09
  Speaker 6: the excuse for the last 40 years? The Constitution is
• 7:14
  Speaker 6: not a suggestion, ladies and gentlemen. It's not a suggestion.
• 7:20
  Speaker 6: We have to adhere to it. We have to follow it.
• 7:22
  Speaker 6: Less is more. Less government is more. We have to
• 7:27
  Speaker 6: rein in the Federal Reserve.
• 7:31
  Speaker 1: We have to.
• 7:32
  Speaker 6: Return to some semblance of sound money. I mean, think
• 7:38
  Speaker 6: about how much power that we have given, how much
• 7:43
  Speaker 6: purchasing power that we have given over, just handed over
• 7:47
  Speaker 6: to these bureaucrats. We must allow, our money has to
• 7:55
  Speaker 6: eventually be backed by something. We have to dismantle the
• 8:01
  Speaker 6: administrative state and restore the separations of power. That is
• 8:06
  Speaker 6: what the founding fathers bled for. They bled to establish that,
• 8:10
  Speaker 6: and we've just ignored it. Again, dismantle this administrative state.
• 8:16
  Speaker 6: All of the bureaucracies, the levels of it are Almost
• 8:20
  Speaker 6: mind numbing, mind numbingly countless.
• 8:25
  Speaker 1: We should abolish every.
• 8:26
  Speaker 6: Single agency that writes, enforces and adjudicates its own regulations. Right.
• 8:34
  Speaker 6: The EPA don't reform it just to fund it, dissolve it.
• 8:38
  Speaker 6: Department of Education shut it down. I thought we were
• 8:42
  Speaker 6: in the process of shutting that down. What's happened with that?
• 8:47
  Speaker 6: And if Congress wants new rules, let the people's elected
• 8:50
  Speaker 6: representatives vote on them in public, not unelected bureaucrats. Those
• 8:56
  Speaker 6: are the people, the unelected bean-counting pencil pushers, pocket-protecting wearing
• 9:03
  Speaker 6: folks scurrying around the hallways in Washington. Those are the
• 9:07
  Speaker 6: ones that are soaking up this tremendous amount of bloat
• 9:11
  Speaker 6: and debt because we're paying for these people's six-figure salaries
• 9:18
  Speaker 6: and six-week vacations, and half the time they're staying home.
• 9:25
  Speaker 6: We also need to adopt a policy of peace, commerce,
• 9:30
  Speaker 6: honest friendship, friendships with other nations.
• 9:33
  Speaker 1: Figure it out.
• 9:36
  Speaker 6: We spent $ 8 trillion and sacrificed thousands of our finest
• 9:42
  Speaker 6: men and women in The Middle East battle since 2001.
• 9:45
  Speaker 1: And what have we got for it? What do we have?
• 9:51
  Speaker 1: Somebody tell me and listen, I'll wait. I'll wait. Tell me.
• 9:56
  Speaker 1: While you're looking for that, let me know. We also
• 9:59
  Speaker 1: need to reclaim.
• 10:00
  Speaker 6: Civil liberties that we've been trading away in the name
• 10:02
  Speaker 6: of safety and convenience.
• 10:05
  Speaker 1: Your privacy. Very important. That's gone by the wayside.
• 10:10
  Speaker 6: The FISA courts entered and they rubber stamp things that
• 10:14
  Speaker 6: your founding fathers would have been spinning. They're spinning in
• 10:17
  Speaker 6: their grave thinking about it. But we need to break
• 10:21
  Speaker 6: the censorship cartel between big tech and the federal government.
• 10:25
  Speaker 1: All of that.
• 10:28
  Speaker 6: And finally, how about we figure out a way in
• 10:31
  Speaker 6: this great country to revitalize civil society?
• 10:38
  Speaker 1: I mean, we don't have that anymore, right?
• 10:39
  Speaker 6: Federal government has spent decades crowding out families, boxing out
• 10:44
  Speaker 6: the church, boxing out charities. By the way, I talk
• 10:48
  Speaker 6: about this all the time on my show. Who should
• 10:50
  Speaker 6: be in charge of helping people out, lifting them up,
• 10:55
  Speaker 6: giving them a helping hand if they're down and out?
• 10:57
  Speaker 6: Is it the government or is it local charities or
• 11:00
  Speaker 6: local churches? Well, I'll answer that for you. It's the
• 11:03
  Speaker 6: local charities and the local churches. They did it for decades.
• 11:06
  Speaker 6: They did it for over hundreds of.
• 11:08
  Speaker 1: Years, actually.
• 11:09
  Speaker 6: And then the federal government came rolling through and said,
• 11:12
  Speaker 6: we can do it better. We'll just tax everybody and
• 11:15
  Speaker 6: we'll spread that wealth.
• 11:16
  Speaker 2: Oh, yeah.
• 11:17
  Speaker 1: What does that sound like?
• 11:18
  Speaker 7: All right.
• 11:19
  Speaker 6: Well, that was just a little something-something that I wanted
• 11:22
  Speaker 6: to share with you guys. To me, it's common sense.
• 11:24
  Speaker 6: It's a moment of common sense. Find it, and we
• 11:27
  Speaker 6: can save this country before it's too late. All right,
• 11:31
  Speaker 6: ladies and gentlemen, once again, LeeElseyRadio at gmail.com.
• 11:34
  Speaker 1: Email me. Check us out on patriot.tv. We'd love to
• 11:37
  Speaker 1: have you along for the ride. I'm Lee Elsey filling
• 11:39
  Speaker 1: in for Wayne Allen on the War Zone.
• 11:51
  Speaker 3: Hi, this is Wayne Allyn Root for VRA Vertical Research Advisory.
• 11:55
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• 15:02
  Speaker 8: Name that tune i could probably do it in two
• 15:09
  Speaker 8: notes huge do fan all right welcome back uh my
• 15:13
  Speaker 8: name is lee elsie filling in for wayne allen root
• 15:15
  Speaker 8: and this segment is being brought to you by energize
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  Speaker 8: health i said i say health or health i think
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  Speaker 8: i has i said health yeah it should be health
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  Speaker 6: He lost 25 pounds of fat, including the dangerous inner
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  Speaker 1: In just 88 days now.
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• 16:16
  Speaker 1: All righty. So, we only have a couple.
• 16:18
  Speaker 6: Minutes here, but I do want to share this one
• 16:21
  Speaker 6: story which infuriates me. A young woman fighting for her
• 16:24
  Speaker 6: life in Chicago. Severe burns.
• 16:27
  Speaker 1: A grave injustice.
• 16:29
  Speaker 6: Which is now becoming apparently common in cities across the country.
• 16:34
  Speaker 6: Bethany McGee, 26-year-old woman from Upland, Indiana, has horrific burns
• 16:41
  Speaker 6: she received while just riding a Chicago CTA Blue Line
• 16:45
  Speaker 6: train on November 17th.
• 16:48
  Speaker 1: And her story is incredibly similar to several other.
• 16:51
  Speaker 6: Incidents that have happened of late. There are all kinds
• 16:55
  Speaker 6: of different you know, counts of people being attacked on
• 16:59
  Speaker 6: these trains. We know about the stabbing. We know of
• 17:01
  Speaker 6: a couple people who were burned alive. But Lawrence Reed,
• 17:04
  Speaker 6: a 50-year-old man with an astoundingly long criminal record, allegedly
• 17:12
  Speaker 6: doused McGee with gasoline, chased her through the train and
• 17:15
  Speaker 6: lit her on fire and repeatedly yelled out, burn alive blank.
• 17:23
  Speaker 6: And again, this incident has been remarkably similar to others.
• 17:28
  Speaker 6: Here's what gets me. Now, there are crazy people out there. And,
• 17:34
  Speaker 6: you know, by the grace of God, you don't run
• 17:36
  Speaker 6: into one. But this person, this Reed person, has been
• 17:42
  Speaker 6: arrested 72 times.
• 17:47
  Speaker 1: Come on.
• 17:48
  Speaker 6: 72 times in just Cook County, Illinois. He's been convicted
• 17:55
  Speaker 6: of In 15 of those cases.
• 17:59
  Speaker 1: 72 times. And one of those cases.
• 18:02
  Speaker 6: That he was arrested on was an actual aggravated arson charge. Now,
• 18:10
  Speaker 6: I admit I am a hardliner when it comes to
• 18:14
  Speaker 6: crime and punishment. I think that, you know, people do
• 18:17
  Speaker 6: deserve second chances, even third chances, in particular if it's
• 18:20
  Speaker 6: a nonviolent offense.
• 18:22
  Speaker 1: I'm for people sort of picking themselves up. and figuring
• 18:26
  Speaker 1: it out.
• 18:27
  Speaker 6: But when you've been arrested 72 times, and many of
• 18:32
  Speaker 6: those arrests are violent in nature, there is no way
• 18:37
  Speaker 6: you should be back out on the street. I mean,
• 18:41
  Speaker 6: it's a gross injustice to humanity that you are out
• 18:47
  Speaker 6: wandering around allowed to do something like this.
• 18:52
  Speaker 1: In the last case when he was.
• 18:54
  Speaker 6: Arrested, this Reed guy, the prosecutors wanted to keep him
• 18:57
  Speaker 6: locked up, but the judge let him go. And these progressive,
• 19:05
  Speaker 6: I almost swore, these people who feel like they have
• 19:10
  Speaker 6: the responsibility of humanity on their shoulders to make sure
• 19:15
  Speaker 6: that these people who have committed these awful crimes, somehow
• 19:20
  Speaker 6: they're not being treated with compassion that they deserve. So
• 19:24
  Speaker 6: what do they do? They let them out time and
• 19:27
  Speaker 6: time again. They let them out without them doing the
• 19:30
  Speaker 6: most minimum amount of jail time. And what happens? The
• 19:36
  Speaker 6: rates of recidivism for most of these very violent people
• 19:40
  Speaker 6: are through the roof. People end up getting hurt. People
• 19:43
  Speaker 6: end up dying. And I've said this on my radio
• 19:47
  Speaker 6: show for decades, literally, that if you're somebody who has
• 19:51
  Speaker 6: the power to let somebody out of prison or not
• 19:54
  Speaker 6: send somebody to prison, like a judge or a pardon.
• 19:57
  Speaker 1: Or parole board, you and you alone who makes.
• 20:00
  Speaker 6: That decision should bear the brunt and the weight of
• 20:04
  Speaker 6: whatever happens when that person gets out. And whatever they
• 20:06
  Speaker 6: do should also fall on your lap. So if you've
• 20:09
  Speaker 6: decided not to put this person in jail, then when
• 20:13
  Speaker 6: they go out and commit a heinous crime, that heinous.
• 20:16
  Speaker 1: Crime you should be responsible for in some way, shape,
• 20:18
  Speaker 1: or form. That's my opinion. And you want this stuff
• 20:21
  Speaker 1: to stop? That's how it'll stop. We'll come right back.
• 20:24
  Speaker 1: This is The War Zone. Don't go anywhere. The great
• 20:26
  Speaker 1: Wayne Allen Root is off. My name is Lee Elsie.
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  Speaker 1: Stick around. A lot to get to. We're going to
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  Speaker 1: talk to Murray Sabrin, economist, after the bottom of the hour.
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  Speaker 4: Welcome back, all.
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  Speaker 1: My name is Lee Elsie, the voice of freedom, filling
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  Speaker 1: in for Wayne Allen. Root, you can watch what's going on.
• 22:09
  Speaker 1: I just keep telling you to go watch.
• 22:11
  Speaker 6: Go watch, watch, watch. Patriot.tv or thegatewaypundit.com. Check that out. Rootforamerica.com
• 22:17
  Speaker 6: as well. You can go to Wayne's X or Getter
• 22:20
  Speaker 6: or Rumble to check it out as well. All kinds
• 22:23
  Speaker 6: of different places. to watch and listen to what's going on.
• 22:26
  Speaker 6: Wayne will be back tomorrow night. Joining us right now,
• 22:28
  Speaker 6: a great friend of my morning show in Connecticut. I've
• 22:31
  Speaker 6: had him on these national shows a number of different
• 22:33
  Speaker 6: times as well. He is a brilliant economist, and he's
• 22:37
  Speaker 6: a professor of finance at Ramapo College as well.
• 22:41
  Speaker 1: And he's a good friend, Murray Sabrin. Murray, how are you,
• 22:44
  Speaker 1: my friend?
• 22:45
  Speaker 7: I'm doing great, Lee. Remember, I retired five years ago,
• 22:48
  Speaker 7: so I'm no longer.
• 22:50
  Speaker 2: A full-time professor.
• 22:51
  Speaker 1: Well, we always consider you a professor. Once a professor,
• 22:53
  Speaker 1: always a professor, all right?
• 22:55
  Speaker 6: So, hey, listen, I've been talking a lot about money tonight,
• 22:57
  Speaker 6: so I wanted to bring you on to sort of
• 23:00
  Speaker 6: hit the nail on the head and either tell me
• 23:02
  Speaker 6: where I'm wrong or tell me where I'm right. But
• 23:05
  Speaker 6: I want to start, if you don't mind, and we
• 23:08
  Speaker 6: can get to some of the things that you've got
• 23:09
  Speaker 6: going on. I know you've got a sub stack that
• 23:11
  Speaker 6: you want to let everybody know about. We'll get the
• 23:13
  Speaker 6: word out on that as well. And you've got that
• 23:15
  Speaker 6: swell hat on that you sent me as well, which
• 23:18
  Speaker 6: I wear all the time, and I appreciate that. But
• 23:21
  Speaker 6: You know, many people under the age of 40 right now,
• 23:24
  Speaker 6: they've come to the conclusion that they'll never own their
• 23:27
  Speaker 6: own home and that capitalism is rigged against them. And,
• 23:32
  Speaker 6: you know, as an economist, what do you say to
• 23:35
  Speaker 6: that generation who have shrugged their shoulders and maybe have
• 23:38
  Speaker 6: given up?
• 23:39
  Speaker 2: Well, there's a lot of criticism of the economy, and
• 23:41
  Speaker 2: rightfully so. I've been criticizing capitalism.
• 23:43
  Speaker 7: The economy since the 1970s when I became aware of
• 23:47
  Speaker 7: the policies of the federal government. We don't have pure
• 23:50
  Speaker 7: capitalism in America. We have crony capitalism. We have a
• 23:54
  Speaker 7: mixed economy, which means we have a lot of government
• 23:57
  Speaker 7: intervention in the economy, which distorts the economy. What do
• 24:01
  Speaker 7: I mean by that? Well, growing up in the 1970s,
• 24:03
  Speaker 7: we saw gas lines because of the oil crises. Oil
• 24:08
  Speaker 7: crises should never existed. If we had supply and demand working,
• 24:12
  Speaker 7: there wouldn't be any gas lines like we had in
• 24:16
  Speaker 7: the early 70s and.
• 24:17
  Speaker 2: The late 70s.
• 24:18
  Speaker 7: Rent control in New York City has destroyed hundreds of
• 24:21
  Speaker 7: thousands of units in New York City. That's why there's
• 24:24
  Speaker 7: an affordability problem, because there's not enough supply of housing.
• 24:28
  Speaker 7: Government intervention destroys the infrastructure of the economy.
• 24:33
  Speaker 2: It makes people poorer.
• 24:34
  Speaker 7: Then we have the Federal Reserve that debases the currency
• 24:37
  Speaker 7: by printing money.
• 24:38
  Speaker 2: I've been warning about this since the 1970s.
• 24:41
  Speaker 7: And here we are in 2025, and the dollar is
• 24:44
  Speaker 7: only worth two cents of the original dollar of 1913.
• 24:49
  Speaker 7: So we have a lot of problems, Lee, that I've
• 24:51
  Speaker 7: been addressing in my Substack column, in my books, in
• 24:53
  Speaker 7: my articles.
• 24:54
  Speaker 2: And it's easy to figure out.
• 24:56
  Speaker 7: The free market economy is the best way to grow
• 25:00
  Speaker 7: an economy, to create prosperity in and to eliminate poverty. Unfortunately,
• 25:05
  Speaker 7: the politicians think it's government spending and debt that can
• 25:08
  Speaker 7: grow an economy, which is probably one of the biggest
• 25:11
  Speaker 7: myths there is.
• 25:12
  Speaker 6: So the government has their claws into everything. And, you know,
• 25:16
  Speaker 6: we're talking about decades worth of abuse here, Murray.
• 25:20
  Speaker 1: How do you solve that?
• 25:21
  Speaker 6: How do you get them to release this hold on
• 25:25
  Speaker 6: all of us and get that market back to a
• 25:28
  Speaker 6: true capitalistic market?
• 25:31
  Speaker 7: Well, that's why I created the mafia movement, Make Americans
• 25:34
  Speaker 7: Financially Independent. And on today's Substack, I asked Chad GPT
• 25:41
  Speaker 7: to write an updated version of Thomas Paine's Common Sense,
• 25:45
  Speaker 7: which is 250 years old. It was published in January
• 25:49
  Speaker 7: of 1776, which was the spark for the American Revolution,
• 25:55
  Speaker 7: where he called for independence from Great Britain. We need
• 25:59
  Speaker 7: independence from Washington, D.C., That means phasing out Social Security,
• 26:04
  Speaker 7: Medicare and Medicaid, food stamps, and all the other social
• 26:08
  Speaker 7: welfare programs that people thought were sustainable. They're unsustainable because
• 26:13
  Speaker 7: the federal government is running $ 2 trillion deficits.
• 26:16
  Speaker 2: So we have a real problem in this country. It's called... dependency.
• 26:21
  Speaker 7: The American revolutionaries didn't fight Britain so we could have
• 26:26
  Speaker 7: a welfare state in the 21st century. That's the issue
• 26:29
  Speaker 7: that the people in Washington are totally ignoring. That's why
• 26:33
  Speaker 7: I write on Substack and created the mafia movement.
• 26:36
  Speaker 5: Now, you know it.
• 26:37
  Speaker 1: I know it.
• 26:38
  Speaker 6: I think there are a lot of conservatives, fiscal conservatives
• 26:41
  Speaker 6: who know this. But how can you convince or how
• 26:45
  Speaker 6: can how can you convince the public and then get
• 26:48
  Speaker 6: a politician to run on the idea that, no, I'm
• 26:51
  Speaker 6: not going to give you anything? I'm not going to
• 26:53
  Speaker 6: give you the sun, the star and the moon. You're
• 26:56
  Speaker 6: going to have to go out and work for what
• 26:57
  Speaker 6: you get. How is somebody going to get elect? We've
• 27:00
  Speaker 6: gotten to the point now, Murray, where if you don't
• 27:03
  Speaker 6: promise everybody everything, you're not getting elected. Right.
• 27:08
  Speaker 2: Well, that's why politics is a dead end when it
• 27:10
  Speaker 2: comes to this issue. The economy is going to implode.
• 27:13
  Speaker 7: Not that I want it to implode, but we're seeing
• 27:16
  Speaker 7: the same things that led to the crash of 1929
• 27:20
  Speaker 7: That's why I believe we're going to have a crash
• 27:23
  Speaker 7: in 2029 because of all the money that the federal
• 27:25
  Speaker 7: government is spending that it doesn't have, all the money
• 27:28
  Speaker 7: printing that's been going on, all the speculation in the
• 27:31
  Speaker 7: stock market.
• 27:32
  Speaker 2: This is all going to come to a head by
• 27:33
  Speaker 2: the end of this decade, beginning of the next decade.
• 27:36
  Speaker 7: I think the earliest this crash can occur is in 2029,
• 27:39
  Speaker 7: the 100th anniversary of the 1929 crash. We are in
• 27:44
  Speaker 7: a country where we have these hundred year cycles. I
• 27:47
  Speaker 7: went through this with my students in my financial history,
• 27:50
  Speaker 7: the United States class. They love the analysis of how
• 27:53
  Speaker 7: we go through these cycles and why the future is,
• 27:56
  Speaker 7: on the one hand, very bright because of the men
• 27:58
  Speaker 7: and women entrepreneurs. But on the other hand, the politicians,
• 28:01
  Speaker 7: to use a technical term, are screwing everything up.
• 28:04
  Speaker 6: You've mentioned Substack a couple of different times. Where can
• 28:07
  Speaker 6: folks find you on that?
• 28:09
  Speaker 7: MurraySabrin.substack.com, and I'll be posting some hard-hitting commentary about what
• 28:16
  Speaker 7: needs to be done. One of the biggest things we
• 28:19
  Speaker 7: need to do is to restore the doctor-patient relationship.
• 28:22
  Speaker 2: We need to get the government out of medical care.
• 28:25
  Speaker 2: We need to get companies out.
• 28:26
  Speaker 7: Of medical care and let people use their own dollars
• 28:29
  Speaker 7: to purchase the amount of insurance they need. The real
• 28:33
  Speaker 7: crime we have in America is that we're overinsured. We
• 28:36
  Speaker 7: don't need medical insurance to see the doctor for a
• 28:38
  Speaker 7: sore throat. We need medical insurance just to take care
• 28:41
  Speaker 7: of catastrophic illnesses, which in the old days, which is
• 28:44
  Speaker 7: what Blue Cross Blue Shield did, major medical. Now we're
• 28:47
  Speaker 7: trying to ensure every little medical ailment that affects people.
• 28:52
  Speaker 2: And that's why.
• 28:53
  Speaker 7: For a family of four, the premiums are close to $ 30, 000
• 28:56
  Speaker 7: a year, which is outrageous in America when you should
• 28:59
  Speaker 7: be spending a lot less than that. And we need
• 29:02
  Speaker 7: to really downsize the medical bureaucracy we have in this country,
• 29:06
  Speaker 7: which have driven up costs plus the inflation. So we
• 29:09
  Speaker 7: have another perfect storm in medical care, which is about
• 29:12
  Speaker 7: 18% of GDP. And we could get that down to
• 29:15
  Speaker 7: probably 10% if we had a free market medical system.
• 29:19
  Speaker 6: Is that an Obamacare scenario? Is that when this all
• 29:22
  Speaker 6: really began to implode and basically blow up in our face?
• 29:26
  Speaker 6: Or was it beginning before Obamacare came into existence?
• 29:30
  Speaker 7: Well, it began with employers giving their employees medical insurance
• 29:35
  Speaker 7: because of World War II price controls. And so now
• 29:38
  Speaker 7: people expect their employer to give them medical insurance as a.
• 29:41
  Speaker 2: Benefit, a free benefit.
• 29:44
  Speaker 7: Now, of course, companies are asking their employees to pay
• 29:48
  Speaker 7: more and more for their medical premiums. Then we get
• 29:52
  Speaker 7: Medicare and Medicaid in 1965 as part of the Great Society.
• 29:56
  Speaker 7: And they promised that it would be a modest program,
• 29:59
  Speaker 7: wouldn't cost much. And Medicare, Medicaid is $ 900 billion a year.
• 30:04
  Speaker 2: Medicare is over a trillion dollars a year.
• 30:07
  Speaker 7: And so we have a real financial crisis in these
• 30:10
  Speaker 7: two programs that started out as very modest programs. But
• 30:14
  Speaker 7: people are becoming more and more dependent on the government
• 30:17
  Speaker 7: for a basic need, which is medical care.
• 30:19
  Speaker 1: You know, I saw a couple of different studies.
• 30:22
  Speaker 6: I mean, I haven't run into this because I don't know,
• 30:24
  Speaker 6: but I mean, because I never had to go down
• 30:26
  Speaker 6: this road. But I have seen people who say like,
• 30:29
  Speaker 6: let's say you need to get an MRI. The MRI
• 30:33
  Speaker 6: for an insured person might be three thousand dollars.
• 30:36
  Speaker 1: And then, of course, you pay your deductible. The insurance
• 30:38
  Speaker 1: pays it off.
• 30:39
  Speaker 6: But if you're not insured, they can get you like
• 30:41
  Speaker 6: an MRI for four or five hundred bucks. So, I mean,
• 30:45
  Speaker 6: that's I mean, that's criminal, Murray. I mean, that's just
• 30:48
  Speaker 6: that's raping the American. I mean, an American insured insured
• 30:53
  Speaker 6: in my mind.
• 30:54
  Speaker 2: Let me give you a better example. I've written two
• 30:56
  Speaker 2: books on healthcare.
• 30:58
  Speaker 7: I interviewed one doctor here in Southwest Florida who's a
• 31:01
  Speaker 7: direct primary care doctor. Her patients pay a monthly fee
• 31:06
  Speaker 7: and they have access to the doctor 24-7. She had
• 31:08
  Speaker 7: a patient who was uninsured and he needed an operation.
• 31:11
  Speaker 7: The local hospital quoted him $ 20, 000 for the operation. She said,
• 31:15
  Speaker 7: you have to call the Surgery Center of Oklahoma in Tulsa.
• 31:19
  Speaker 2: He called them up.
• 31:20
  Speaker 7: They quoted him for the operation, the transportation from Florida
• 31:24
  Speaker 7: to Oklahoma, the stay in Oklahoma, $ 5, 000. That's a 75%
• 31:29
  Speaker 7: plus discount from what the local hospital was charging. Could
• 31:32
  Speaker 7: you imagine if we could reduce all operations by 75%
• 31:36
  Speaker 7: in this country, if people paid out of pocket and
• 31:39
  Speaker 7: banked the money for catastrophic coverage? We would save trillions
• 31:44
  Speaker 7: of dollars of the $ 5 trillion of medical costs that
• 31:47
  Speaker 7: we have in this country. This is how a free
• 31:49
  Speaker 7: market works. The free market, the Surgery Center of Oklahoma
• 31:53
  Speaker 7: doesn't accept insurance.
• 31:55
  Speaker 2: It's a cash business. And doctors love it.
• 31:58
  Speaker 7: There's no insurance forms to fill out. Patients love it
• 32:01
  Speaker 7: because they get high quality medical care. And there's no
• 32:03
  Speaker 7: bureaucracy whatsoever. We have to get rid of the middleman.
• 32:07
  Speaker 7: Middleman is the insurance companies, the employer, and the federal government.
• 32:12
  Speaker 6: We're talking to a former economics finance professor at Ramapo
• 32:16
  Speaker 6: Ramapo College, our.
• 32:18
  Speaker 1: Pal Murray Sabrin.
• 32:20
  Speaker 6: And, you know, Murray, was it the design of Barack
• 32:24
  Speaker 6: Obama and that group of people to to sort of
• 32:28
  Speaker 6: force us into some sort of socialized medicine here?
• 32:30
  Speaker 1: Is that is that what they want at the end
• 32:32
  Speaker 1: of this?
• 32:33
  Speaker 2: Oh, absolutely. They want a single payer. They want Bernie
• 32:35
  Speaker 2: Sanders' program.
• 32:37
  Speaker 7: And Republicans should not be talking about reforming Obamacare. They
• 32:40
  Speaker 7: should be talking about phasing it out as quickly as
• 32:42
  Speaker 7: possible so people will be in charge of their own
• 32:45
  Speaker 7: medical care instead of the government trying to tweak it
• 32:48
  Speaker 7: in every shape, way, or form.
• 32:50
  Speaker 1: Murray, can you stick around for one more segment?
• 32:52
  Speaker 2: Sure.
• 32:53
  Speaker 1: I've got one more segment with you. We'll take a
• 32:55
  Speaker 1: short break. We'll come back. I've got a couple more
• 32:57
  Speaker 1: questions for our fine friend, economics.
• 33:00
  Speaker 6: Again, genius finance expert, our friend Murray Sabrin will join us.
• 33:04
  Speaker 6: We'll keep him here for one more second. I can't
• 33:06
  Speaker 6: even talk today. Listen, my name is Lee Elsey filling
• 33:08
  Speaker 6: in for Wayne Allen Root. We'll take a short break.
• 33:10
  Speaker 6: You can watch us at The Gateway Pundit or Patriot.TV.
• 33:13
  Speaker 6: We'll come back a little bit more economy talk with
• 33:16
  Speaker 6: Murray Sabrin.
• 33:17
  Speaker 1: Stick around.
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  Speaker 1: All right, let's try.
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  Speaker 6: To finish up with a, let's see, I don't know,
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  Speaker 6: with something spectacular, because I have been less than spectacular tonight.
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  Speaker 6: Wayne Allen Root will be back tomorrow night. I am
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  Speaker 6: stumbling and bumbling over my gigantic tongue. You can watch
• 37:02
  Speaker 6: us on Patriot.TV and the Gateway Pundit. Our good friend, again,
• 37:06
  Speaker 6: Murray Sabrin, former finance professor, is joining us, and we've
• 37:10
  Speaker 6: had him on a number of different times talking, you know,
• 37:12
  Speaker 6: a little bit about the housing market, about, I want
• 37:15
  Speaker 6: to get into inflation here for just a second, Murray.
• 37:18
  Speaker 6: before we run out of time. So everyone's saying that
• 37:20
  Speaker 6: inflation is down, down, down, down.
• 37:22
  Speaker 1: Is it down? I mean, I don't know.
• 37:24
  Speaker 6: I go to the store and things are still the
• 37:26
  Speaker 6: same price they were a couple months ago, a couple
• 37:29
  Speaker 6: years ago. It seems like maybe in some cases, some
• 37:32
  Speaker 6: of the food maybe has come down a little bit.
• 37:34
  Speaker 6: But for the most part, I'm spending what I was
• 37:36
  Speaker 6: a couple of years ago.
• 37:38
  Speaker 7: There's no question about it. The good news is gasoline
• 37:40
  Speaker 7: prices have come down quite a bit. On a personal level,
• 37:43
  Speaker 7: I just received notice that my monthly fee here at
• 37:46
  Speaker 7: our independent living facility in Naples, Florida, will be up.
• 37:51
  Speaker 2: 4.5% next year.
• 37:52
  Speaker 7: That is a huge increase when people say inflation is
• 37:56
  Speaker 7: basically not a problem. I'm paying 4.5% higher for our
• 38:00
  Speaker 7: monthly fee next year, which is next month. And so
• 38:04
  Speaker 7: that's putting a crimp in our budget for next year. Fortunately,
• 38:09
  Speaker 7: I'm retired, so we don't have a lot of other expenditures.
• 38:12
  Speaker 7: But the point is, for the average family in America
• 38:16
  Speaker 7: who's making $ 60, 000, $ 70, 000, $ 80, 000 a year with two or
• 38:19
  Speaker 7: three kids, they are just scraping by. And it's all
• 38:22
  Speaker 7: because of the Federal Reserve pumping money into the system.
• 38:27
  Speaker 7: raising prices across the board. And with government interference in
• 38:31
  Speaker 7: the economy, that causes supply to be less than it
• 38:34
  Speaker 7: otherwise would be.
• 38:34
  Speaker 2: So you get a double whammy.
• 38:36
  Speaker 7: Less supply means higher prices. More money into the system
• 38:39
  Speaker 7: means higher prices. And that puts a squeeze on the
• 38:42
  Speaker 7: average family budget.
• 38:44
  Speaker 6: Let me ask you a question. I want to make
• 38:46
  Speaker 6: sure we get to this before we run out of time.
• 38:47
  Speaker 6: But if you had to pick one policy, tax reform,
• 38:51
  Speaker 6: immigration changes, housing deregulation, industry policy, or something else that
• 38:56
  Speaker 6: would add to the long-term economic growth, let's say, in
• 39:01
  Speaker 6: the next decade, which one.
• 39:03
  Speaker 1: Would it be or what would it be and why?
• 39:06
  Speaker 7: Well, a simple answer would be deregulation, getting government off
• 39:11
  Speaker 7: the backs of businesses. That would free up capital for expansion,
• 39:16
  Speaker 7: for improvement in mom-and-pop stores, in medium-sized businesses, in big-sized,
• 39:21
  Speaker 7: large businesses.
• 39:22
  Speaker 2: That would be a great tonic for the U.S. economy.
• 39:26
  Speaker 7: So I would start with that, then get government spending
• 39:29
  Speaker 7: down because it wastes huge resources that we better employed
• 39:32
  Speaker 7: by people who make decisions.
• 39:36
  Speaker 2: In the market economy.
• 39:37
  Speaker 7: And then, of course, stop inflating the supply of money,
• 39:40
  Speaker 7: and also have a sensible trade policy, which to me
• 39:44
  Speaker 7: is free trade. One of the strengths of America is
• 39:47
  Speaker 7: we're a free trade nation of 50 states and goods
• 39:51
  Speaker 7: and services flow smoothly across the country.
• 39:55
  Speaker 2: We could have the same thing on a global level.
• 39:57
  Speaker 7: So I'm a big free trader because it's part of
• 40:00
  Speaker 7: the free market, free economy system that the founders envisioned
• 40:04
  Speaker 7: for this country. And I think that's what we need
• 40:07
  Speaker 7: to focus on is economic freedom is the best way
• 40:11
  Speaker 7: to help people. achieve greater prosperity, and reduce poverty. No
• 40:16
  Speaker 7: question about it. Hands down, we don't need all these
• 40:19
  Speaker 7: super government programs.
• 40:21
  Speaker 1: All right.
• 40:21
  Speaker 6: Considering everything, including technology advances, AI, demographics, geopolitics, 10 years
• 40:28
  Speaker 6: from now, 10 years from today, will the average person
• 40:33
  Speaker 6: in the developed world be richer or poorer, Murray?
• 40:37
  Speaker 7: They should be richer because the men and women entrepreneurs
• 40:39
  Speaker 7: across this world, especially in America— are doing great things
• 40:43
  Speaker 7: under the handicap of federal intervention, high taxes, massive spending,
• 40:49
  Speaker 7: and money printing. But men and women entrepreneurs are very resilient.
• 40:55
  Speaker 7: We saw this during COVID. People were able to expand
• 40:59
  Speaker 7: their businesses in spite of the lockdowns. Now, some businesses
• 41:02
  Speaker 7: did go under because they couldn't adapt to the lockdowns,
• 41:06
  Speaker 7: which was a tragedy for a lot of small businesses.
• 41:09
  Speaker 7: But big businesses thrived during the lockdown. And so I
• 41:13
  Speaker 7: would really implore President Trump to make an announcement to
• 41:19
  Speaker 7: the American people that the free enterprise system is the
• 41:21
  Speaker 7: best way to have a growing economy, to have the
• 41:25
  Speaker 7: real golden age, and he should have his people get
• 41:28
  Speaker 7: rid of all the regulations that have been in place
• 41:30
  Speaker 7: for the last hundred years that make it difficult for
• 41:32
  Speaker 7: businesses to operate in a free market economy.
• 41:37
  Speaker 6: So, Murray, tell everybody where they can find you every
• 41:40
  Speaker 6: single day, where they can get the books, where they
• 41:42
  Speaker 6: can get the.
• 41:42
  Speaker 1: Know-how, and your back and forth. I know it's Substack.
• 41:45
  Speaker 1: Where do they go?
• 41:47
  Speaker 7: MurraySabrin.substack.com and MafiUSA.com, M-A-F-I-U-S-A.com. And I'm going to extend the
• 41:56
  Speaker 7: offer we have for the hat for the rest of
• 41:59
  Speaker 7: the week.
• 42:00
  Speaker 2: Mafi10 will give you.
• 42:02
  Speaker 7: A $ 10 discount off the price of the hat. which
• 42:05
  Speaker 7: is a very reasonable price to have anyway. It's a
• 42:07
  Speaker 7: very high-quality hat. You can get it in green or black.
• 42:10
  Speaker 7: And this is the way we create a movement is
• 42:12
  Speaker 7: we have a brand. Just as we had the Gadsden
• 42:15
  Speaker 7: flag during the American Revolution, we have the Moffey hat
• 42:18
  Speaker 7: for the second American Revolution.
• 42:21
  Speaker 1: Murray, thank you, my friend.
• 42:22
  Speaker 6: I appreciate the expertise and the insight on all this
• 42:24
  Speaker 6: great stuff.
• 42:25
  Speaker 1: And we'll talk again very soon.
• 42:27
  Speaker 2: Thanks so much, Lee. Great to be with you again.
• 42:29
  Speaker 1: You got it, brother.
• 42:29
  Speaker 6: Murray Sabrin, again, a very smart cookie in the world
• 42:33
  Speaker 6: of the economy and economics.
• 42:35
  Speaker 1: So we appreciate his time today.
• 42:37
  Speaker 6: All right. I have stumbled and bumbled it up through
• 42:39
  Speaker 6: two hours. Wayne, thankfully, we'll be back tomorrow night. Guys,
• 42:42
  Speaker 6: out on Patriot.TV, thank you very much. The boys in Minnesota,
• 42:45
  Speaker 6: thank you guys very much. Enjoy the rest of your Monday.
• 42:49
  Speaker 6: Maybe it's got to be the tryptophan. Maybe I'm just
• 42:51
  Speaker 6: overloaded on tryptophan. Maybe I'm trying to get into the
• 42:54
  Speaker 6: detox mode. Enjoy the rest of your Monday. I'll catch
• 42:57
  Speaker 6: you guys next time.
• 42:58
  Speaker 1: We'll see you.
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