Latest / Conversations: Special Guests with Preston Scott / The Iranian Conflict Is Getting The U.S. Senate's Eyes Off The Ball
Transcript
- 0:04Speaker 1: Welcome to the third hour. It is Show fifty five
- 0:07Speaker 1: eighty two, the Morning Show with Preston Scott, and that
- 0:09Speaker 1: wa in my twenty fifth year of doing this radio program.
- 0:14Speaker 1: We celebrated our twenty fourth anniversary last month, and so
- 0:18Speaker 1: here we are now firmly into year twenty five and
- 0:23Speaker 1: joining us on the program. And I don't know how
- 0:25Speaker 1: many how many years have we had Justin Haskins with us? Justin,
- 0:30Speaker 1: is it been what six? Seven? How many years?
- 0:33Speaker 2: Is it? Oh? Boy, you know, I don't know the
- 0:36Speaker 2: exact number, but I can tell you this. It feels
- 0:39Speaker 2: like an eternity that is so good, that has let
- 0:50Speaker 2: me up perfectly. Oh, you can only blame yourself.
- 0:53Speaker 1: Fastball down the middle of the plate. Justin's latest book,
- 0:57Speaker 1: The Next Big Crash, available on Amazon, the website Haskins
- 1:00Speaker 1: dot com. He, of course, vice president Policy with the
- 1:03Speaker 1: Heartland Institute. I want to get your take on what's
- 1:06Speaker 1: going on in the Middle East? What are you what
- 1:08Speaker 1: are your thoughts on the conflict. I won't call it
- 1:11Speaker 1: a war. I don't care what anyone else says. Justin there,
- 1:15Speaker 1: we're not getting shot at per se, and we don't
- 1:18Speaker 1: have boots on the ground so.
- 1:21Speaker 2: Well. I think there's a lot of different angles that
- 1:24Speaker 2: you can you can take on this one. The thing
- 1:26Speaker 2: that concerns me the most right now, actually, it's the
- 1:31Speaker 2: thing that I'm not sure that it concerns enough people
- 1:35Speaker 2: on the right. I'm worried that this is becoming a
- 1:38Speaker 2: huge distraction from some key issues that absolutely need to
- 1:44Speaker 2: be dealt with, And the biggest one for me is
- 1:49Speaker 2: the Save Act and getting voter integrity, voting integrity and
- 1:54Speaker 2: all of that squared away. That was the big fight
- 1:57Speaker 2: up until the war broke out. Now, regardless of whether
- 2:01Speaker 2: you think the conflict is a good thing or a
- 2:04Speaker 2: bad thing, or that Trump was justified or not justified
- 2:07Speaker 2: or whatever, the thing is cast to pass, no one
- 2:11Speaker 2: is and no one is really talking about it anymore.
- 2:14Speaker 2: And this thing, the thing that bothers me so much,
- 2:18Speaker 2: is not just that people aren't talking about it and
- 2:20Speaker 2: therefore the pressure to get it passed is not as
- 2:22Speaker 2: high as it once was. The thing that really bothers
- 2:25Speaker 2: me is what about the leverage that the president had
- 2:30Speaker 2: going into negotiations with Congress over legislation. If he had
- 2:34Speaker 2: said I'm not passing anything until you guys get to
- 2:38Speaker 2: say Act pass, and he had a hard stance on that.
- 2:42Speaker 2: Is he going to be able to do that going
- 2:44Speaker 2: forward because of the conflict in the Middle East when
- 2:48Speaker 2: he needs money for that and every I mean, I
- 2:50Speaker 2: don't know if that's I'm worried that a lot of
- 2:54Speaker 2: key priorities, that one being one of the biggest for me,
- 2:58Speaker 2: is now going to become a back burner issue because
- 3:01Speaker 2: of what's going on. And really I blame Congress more
- 3:05Speaker 2: than anybody else, but Congress full of a bunch of weasels,
- 3:09Speaker 2: and you need to be you need to have someone
- 3:11Speaker 2: using the bully pulpit to hold those people accountable. And
- 3:14Speaker 2: I'm worried now that the political capital is being spent
- 3:16Speaker 2: on a conflict overseas rather than on voter integrity, which
- 3:21Speaker 2: to me is the key issue, because if you don't
- 3:23Speaker 2: have free and fair elections for you know, for the
- 3:28Speaker 2: next election, or the election after that, or forever in
- 3:31Speaker 2: the future, them, what's the point of this whole thing.
- 3:33Speaker 2: We can't trust the outcome of any of it if
- 3:36Speaker 2: you don't.
- 3:36Speaker 1: If we don't get the Save Act pass now, we
- 3:40Speaker 1: may never have another fair election again.
- 3:47Speaker 2: Oh, I one hundred percent believe that. Yes, in fact,
- 3:51Speaker 2: the problems could get a whole lot worse, and I
- 3:54Speaker 2: don't think that people really understand how bad the current
- 3:58Speaker 2: system is. It is very very easy, contrary to what
- 4:03Speaker 2: a lot of Democrats are saying, it is very very
- 4:06Speaker 2: easy to commit voter fraud. It is not hard at
- 4:09Speaker 2: all in most states. The let's state you're in, But
- 4:11Speaker 2: in most states, it's very easy to commit voter fraud.
- 4:14Speaker 2: And it's very easy to register to vote as a
- 4:18Speaker 2: non citizen and then to vote as a non citizen.
- 4:22Speaker 2: And I don't know how pervasive that particular problem is,
- 4:26Speaker 2: but in a way it doesn't really matter, because if
- 4:27Speaker 2: a non citizen can register to vote and then vote,
- 4:30Speaker 2: it's easy for that person to do it, then anyone
- 4:32Speaker 2: can commit so fraud easily, and the laws of the
- 4:35Speaker 2: books need to be changed desperately.
- 4:39Speaker 1: We got John Thune. Why is he not just getting
- 4:42Speaker 1: this done, Whether it's just okay, talk yourself out, filibuster
- 4:46Speaker 1: till you turn blue, but we're going to vote on this,
- 4:50Speaker 1: or just kill the filibuster and get it done.
- 4:52Speaker 2: Well. I think the Senate is in many ways a
- 4:57Speaker 2: horribly corrupt institution. I don't mean corrupt in the sense
- 5:01Speaker 2: that people are buying them off from outside the institution.
- 5:04Speaker 2: I mean, it's internally corrupt in the sense that it's
- 5:08Speaker 2: essentially an old boys club that include women too, that
- 5:13Speaker 2: just essentially, you know, they do whatever. They have these
- 5:17Speaker 2: internal rules that they live by, these codes, they don't
- 5:21Speaker 2: ever violate them. It's a way for all of these
- 5:26Speaker 2: politicians to ensure that they each get a turn standing
- 5:32Speaker 2: on the stage with the bright light shining on them.
- 5:35Speaker 2: And it's not about getting things done. That is not
- 5:38Speaker 2: the priority in the Senate, and it hasn't been the
- 5:40Speaker 2: priority in the Senate for a very very long time.
- 5:44Speaker 2: They're all buddies with each other in the Senate. They
- 5:48Speaker 2: don't They just they just don't care about getting stuff done.
- 5:52Speaker 2: That's the bottom line. And we've seen it over and
- 5:54Speaker 2: over and over again. In fairness to Johnthone, who you know,
- 6:00Speaker 2: I really don't want to give him the benefit of
- 6:02Speaker 2: the doubt in a lot of ways, but in fairness
- 6:04Speaker 2: to him, I don't think it's possible to get the
- 6:07Speaker 2: filibuster under the current situation. To kill the filibuster in
- 6:12Speaker 2: order to get this through. So you have to have
- 6:15Speaker 2: sixty votes in the Senate to end debate and get
- 6:18Speaker 2: anything through the Senate under normal rules, and I don't
- 6:23Speaker 2: believe that he has enough Republicans on his side to
- 6:26Speaker 2: do it. He's come out and said that, and I
- 6:28Speaker 2: totally believe it because people like Lisa Murkowski, for example,
- 6:31Speaker 2: from Alaska, Susan Collins from Maine, and others have said
- 6:35Speaker 2: that they will never support that, and so I don't
- 6:38Speaker 2: think he has any Democrats willing to cross the aisle
- 6:41Speaker 2: to do it. So the bottom line is he can't
- 6:43Speaker 2: change the rules in the Senate in order to only
- 6:47Speaker 2: get a simple majority to pass the bill, and so
- 6:50Speaker 2: you have to have at least, you know, fifty Republicans
- 6:54Speaker 2: to change the rule, and I don't think he even
- 6:56Speaker 2: has that.
- 6:57Speaker 1: But so I mean, John Fetterman said he would vote
- 7:00Speaker 1: for the Save Act, and and Fetterman has gone on
- 7:04Speaker 1: record to support that that legislation. So even if you
- 7:08Speaker 1: lose Murkowski and Collins, you can still push it back
- 7:13Speaker 1: to fifty and then JD. Vance's your tiebreaker.
- 7:16Speaker 2: But I don't think he would vote to change the rules,
- 7:19Speaker 2: which is the key thing. He's not going to vote
- 7:21Speaker 2: to change the rules so that we can, okay, have
- 7:24Speaker 2: to say that. He just says he'll vote for the
- 7:26Speaker 2: bill when it gets to the floor, but it'll never
- 7:28Speaker 2: get to the floor because they won't end the debate.
- 7:31Speaker 2: And in order to end the debate, you need to
- 7:33Speaker 2: have sixty votes, and he's not going to he doesn't
- 7:36Speaker 2: support that.
- 7:37Speaker 1: What about the strategy justin of just hanging this around
- 7:40Speaker 1: the Democrats next, who are running for reelection in the Senate,
- 7:45Speaker 1: pointing out that eighty three percent of this country favors
- 7:48Speaker 1: the Save Act in its various forms, and just let them,
- 7:52Speaker 1: you know, hang around, you know, let that hang around
- 7:55Speaker 1: their neck.
- 7:56Speaker 2: Yeah, that's what that. I think that's where the Republicans
- 7:59Speaker 2: were until the conflict broke out in Iran. And I
- 8:02Speaker 2: think that that's my whole point is I actually think
- 8:06Speaker 2: we were moving in the right direction. I think that
- 8:08Speaker 2: the President was saying, I'm going to die out in
- 8:10Speaker 2: the hill, and then suddenly the war broke out, and
- 8:14Speaker 2: now it's not about that anymore, and it's really hard
- 8:18Speaker 2: to use the bully pulpit for trying to get to
- 8:21Speaker 2: save that through, which is going to take all of
- 8:24Speaker 2: the energy and political capital that you can muster when
- 8:27Speaker 2: you have a conflict that's already a dividing issue in
- 8:33Speaker 2: your own party. That now you're dealing with and you're
- 8:36Speaker 2: going to need to go to Congress to get budgets
- 8:38Speaker 2: passed and other things. And Congress isn't willing to get
- 8:40Speaker 2: things through on a whole bunch of other topics, including
- 8:43Speaker 2: you know, I Department of Homeland Security funding and all
- 8:45Speaker 2: sorts of other things. So that's the whole problem. And
- 8:49Speaker 2: this issue is it is absolutely vital because of how
- 8:53Speaker 2: easy it is to register to vote as a nonsense
- 8:57Speaker 2: and to register to vote illegally or from modulantly claim
- 9:01Speaker 2: your one person when you're not another person. It has to.
- 9:03Speaker 1: Change back with Justin Haskins of the Harland Institute again
- 9:11Speaker 1: his books. He's written a ton with Glenn Beck, but
- 9:15Speaker 1: his book The Next Big Crash is available on Amazon
- 9:19Speaker 1: justin remind everybody what that book's about.
- 9:22Speaker 2: Yeah, The Next Big Crash is the culmination of years
- 9:26Speaker 2: of research that I've done on this absolutely wild, incredible topic.
- 9:31Speaker 2: The sort of the short version of it is that
- 9:35Speaker 2: because of this crazy conspiracy between massive institutions and some
- 9:40Speaker 2: of America's wealthiest families that took basically decades to take form,
- 9:47Speaker 2: most Americans do not own, at least not in the
- 9:51Speaker 2: purest sense their investments. And as a result of that,
- 9:56Speaker 2: Wall Street firms, and by investments, I mean your stocks,
- 9:59Speaker 2: your bonds, your retirement accounts, all of those things. And
- 10:02Speaker 2: as a result of that, you don't have the same
- 10:05Speaker 2: kind of property rights to those investments. And one singular
- 10:10Speaker 2: institution called DTC has become the owner of the vast
- 10:15Speaker 2: majority of these investments in the United States to date,
- 10:17Speaker 2: one institution owns almost all of the stocks and bonds
- 10:22Speaker 2: and other securities investments. When you think of Wall Street,
- 10:25Speaker 2: one institution owns almost all of it. And as the
- 10:29Speaker 2: direct registered owner, now you own a contractual right that's
- 10:33Speaker 2: related to those investments, which you don't actually own the
- 10:35Speaker 2: investments themselves. And so Wall Street's taken advantage of this.
- 10:39Speaker 2: They've convinced states to pass all these other laws that
- 10:41Speaker 2: have effectively given big institutions the ability to take advantage
- 10:49Speaker 2: of the fact that you're not the direct registered owner
- 10:51Speaker 2: of it. And when the next big crash occurs, you
- 10:54Speaker 2: could lose everything. It's possible, depending on how they handle things,
- 10:58Speaker 2: you could lose everything as the result of the fact
- 11:00Speaker 2: that you're not the direct registered owner of all of
- 11:03Speaker 2: these investments. And the conspiracy and how it all came
- 11:06Speaker 2: together is a story that is one of the craziest
- 11:09Speaker 2: stories you're ever going to hear, and it's all laid
- 11:12Speaker 2: out in the book The Next Big Crash. So please,
- 11:15Speaker 2: if you have the ability to buy the book, buy
- 11:17Speaker 2: the book on Amazon. I don't get any profit of
- 11:19Speaker 2: the book. It all goes to nonprofit organizations that are
- 11:22Speaker 2: trying to get these laws changed, and they're doing a
- 11:25Speaker 2: lot of other good things in the world. So I'm
- 11:27Speaker 2: not trying to get rich off of this. I'm just
- 11:29Speaker 2: trying to spread the word about it. It's really important
- 11:31Speaker 2: issue and I hope more people learn about it.
- 11:34Speaker 1: Justin Are there any inside the book or since the
- 11:37Speaker 1: book has been published, are there strategies that people can
- 11:42Speaker 1: employ that makes sense to protect and hedge against this?
- 11:47Speaker 2: Yeah. I think the biggest thing, and it sounds really simple,
- 11:50Speaker 2: but a lot of people don't actually do it. The
- 11:53Speaker 2: biggest thing is you have to diversify where your wealth
- 11:56Speaker 2: is in a real way. When people talk about diverse
- 12:00Speaker 2: find your investments, they usually mean don't put all of
- 12:02Speaker 2: your money in the one stock right exact And what
- 12:06Speaker 2: I'm saying is, don't put all of your money into stocks.
- 12:10Speaker 2: Put your money in all sorts of other areas, including
- 12:12Speaker 2: things that are not part of that security system where
- 12:15Speaker 2: you're not the direct owner of it. So buy precious metals,
- 12:19Speaker 2: invest in real estate, make sure that you don't have
- 12:23Speaker 2: any debt, you know, as little bet as possible, so
- 12:27Speaker 2: that you're as financial security as you could possibly be.
- 12:29Speaker 2: If there is a big crash that occurs, don't look
- 12:32Speaker 2: at your retirement account and think, well, that's the end
- 12:34Speaker 2: all be all of my financial existence in the future,
- 12:39Speaker 2: because it really isn't your horse. And I think it's
- 12:42Speaker 2: hard for people to wrap their minds around that. But
- 12:46Speaker 2: if we got into a big enough crash that really
- 12:49Speaker 2: could be taken away from people in order to prop
- 12:51Speaker 2: up too big to fail institutions, it really could. It
- 12:54Speaker 2: could happen, and it may never happen. I hope it doesn't,
- 12:57Speaker 2: but it could happen, and so people have to be
- 13:00Speaker 2: prepared for that, and I think the easiest way is
- 13:01Speaker 2: to diversify. There's also some ways to direct register your
- 13:06Speaker 2: investments so that you can actually become the owner of
- 13:10Speaker 2: the investments, the direct registered owner of your securities investments,
- 13:13Speaker 2: but that's a little bit expensive and complicated, and people
- 13:16Speaker 2: have to look into doing that, and so they should
- 13:18Speaker 2: talk to a financial advisor. That's something they're really interested
- 13:21Speaker 2: in doing.
- 13:22Speaker 1: Are financial advisors aware, you know.
- 13:25Speaker 2: A growing number of them are aware. I've had many
- 13:27Speaker 2: of them reach out to me who are completely unaware
- 13:31Speaker 2: before and are blown away by all of this. A
- 13:34Speaker 2: lot of state lawmakers are now aware who weren't aware
- 13:38Speaker 2: of it before, and so there has been a lot
- 13:40Speaker 2: of progress that's been made, but we still have not
- 13:44Speaker 2: gotten a law passed in any state in America that
- 13:48Speaker 2: puts some common sense protections in place so that people
- 13:53Speaker 2: won't lose everything when the next big crash happens as
- 13:56Speaker 2: a result of this ownership system. So we still we'll
- 14:00Speaker 2: have a lot of work to do on the ground.
- 14:02Speaker 1: Good stuff as always, justin thank you so much for
- 14:04Speaker 1: the time, and hopefully we'll get a chance to talk
- 14:06Speaker 1: again next month.
- 14:08Speaker 2: Thank you, sir,