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Speaker 1: Should America have more than a two party system? Well,

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Speaker 1: Elon Musk and five million, six hundred and thirty thousand

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Speaker 1: people believe we should. Today on the David Rutherford Show,

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Speaker 1: What's up, everybody, I am super fired up to be

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Speaker 1: back with you, and today is a question that I

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Speaker 1: think most people have been on and off about since

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Speaker 1: the history of political parties in the United States, and

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Speaker 1: that's whether or not we are done with a two

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Speaker 1: party system. Now all of this is coming to fruition

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Speaker 1: after Elon Musk posted on June fifth, after his little uh,

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Speaker 1: what would you call that, JORDI, what would you call that?

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Speaker 1: A little spat he had with the president which came

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Speaker 1: with a little freak out or crash out that's a y, yeah,

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Speaker 1: a little crash out spat that took place on Twitter

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Speaker 1: after the one Big Beautiful Bill numbers came out. And

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Speaker 1: what happened as a result is Elon Musk presented a

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Speaker 1: poll on x which by far is the number one

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Speaker 1: new site in the world, in the number one site

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Speaker 1: and many I don't even know, one hundred plus countries

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Speaker 1: around the world, and he asked, this is it time

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Speaker 1: to create a new political party in America that actually

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Speaker 1: represents the eighty percent in the middle. And he had

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Speaker 1: everybody vote and guess what, five million, six hundred and

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Speaker 1: thirty thousand, seven hundred and seventy five people voted. Now

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Speaker 1: guaranteed probably these were people from around the world. These

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Speaker 1: were not all Americans. These were you know, probably who

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Speaker 1: knows who is voting. Many people maybe tried to vote

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Speaker 1: multiple times, or bought farms voted. Who knows what voted.

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Speaker 1: But that's the biggest sample size that I think i've

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Speaker 1: I've pretty much ever seen in this and the result

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Speaker 1: was On July four, Elon Musk announced that he was

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Speaker 1: going to start a new political party and call it

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Speaker 1: the American Party. Now right, I mean, I think it's

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Speaker 1: really creative. You know, Now, why why do we need this? Well,

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Speaker 1: I mean, for since our inception back in the day,

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Speaker 1: Americans have always gotten frustrated in some way, shape or

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Speaker 1: form with the people that are leading them. And I

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Speaker 1: think nowadays there are multiple things that have provoked the

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Speaker 1: American public. I mean, obviously, we saw an absolute collapse

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Speaker 1: of the Democratic Party in the last three presidential election cycles. Why,

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Speaker 1: I think the most obvious was that the Democratic the

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Speaker 1: DNC had the whole thing rigged. I think, you know,

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Speaker 1: once we saw Bernie Sanders get the shaft in sixteen

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Speaker 1: but basically you know, pushed out and Hillary Clinton coming in.

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Speaker 1: Then in two thousand, uh twenty, we saw just a radical,

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Speaker 1: uh display of of of voter fraud, negligence control. I mean,

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Speaker 1: the presidential candidate won supposedly won, you know, eighty one

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Speaker 1: million votes, the most more votes in human history, and

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Speaker 1: the dude never left his basement, and and his cognitive disability,

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Speaker 1: uh disabilities, we were prevalent even back then. We could

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Speaker 1: everyone could see it. But somehow eighty one million votes.

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Speaker 1: And I can't wait till we get into that, and

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Speaker 1: then I'll start attack though, Yetta, he's the best Joe

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Speaker 1: Biden I've ever seen, right, Joe Scarborough and clan right,

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Speaker 1: And I love the mashups they have right now of

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Speaker 1: of all of that, right.

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Speaker 2: And then the mashups of the meltdown when they realize

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Speaker 2: that Trump is winning. Oh my god, I've watched that

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Speaker 2: more than more times that I want to admit. And

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Speaker 2: then and then what happened, man, Then what happened to

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Speaker 2: all those swing states? But that's a whole no show.

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Speaker 1: And we're going to get into that soon, because that's

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Speaker 1: beginning to come out, and it's going to come out

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Speaker 1: with a vengeance. Here, my guess it's going to come

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Speaker 1: out with a vengeance, probably six to eight months prior

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Speaker 1: to the twenty twenty sixth election. And anyway, so you know,

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Speaker 1: you have and then he gets in office, and now

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Speaker 1: we see, you know, the industrial censorship complex just explode.

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Speaker 1: I was a result of that, right I got censored.

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Speaker 1: You know, you had government working in conjunction with social

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Speaker 1: media companies. Then you had the craziness of the DEI,

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Speaker 1: the ESG stuff, you I mean, just everything went bonkers.

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Speaker 1: And and even people within that political party were like,

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Speaker 1: wait a minute, this is not the old school Democratic

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Speaker 1: party that I support. They actually even became the Warhawks party,

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Speaker 1: which is bizarre to me.

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Speaker 2: The crazy thing is all of those were conspiracies that

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Speaker 2: have now hardened into facts.

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Speaker 1: Oh my god.

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Speaker 3: Yeah. Well they start with like, oh, they're crazy people.

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Speaker 2: Online, just saying that they're just you know, making things

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Speaker 2: z up, all the right winging extremes, and then just slowly,

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Speaker 2: time after time, all the way up culminating. I believe

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Speaker 2: when Tolsy Gabbert just dropped on us, you just get

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Speaker 2: the evidence. It just eventually it comes out. And those

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Speaker 2: conspiracy theories are just early facts.

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Speaker 1: Well that's what I'm saying. And and and I think

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Speaker 1: that's ultimately what begins to provoke the idea of a

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Speaker 1: new party because within within the party system, you know,

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Speaker 1: they're they're basically loose coalitions within those within the system,

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Speaker 1: within the two main systems themselves, and then people become

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Speaker 1: disgruntled and and and begin to emerge that like what

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Speaker 1: we've seen. I you know, we just did a show recently.

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Speaker 1: I hope you all listened intentally to the Magas split

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Speaker 1: and what's taking place, primarily as a result of what

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Speaker 1: we're seeing with with Elon Mosk, the Doge cuts becoming

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Speaker 1: cert you know, solidified cuts and spending all this stuff,

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Speaker 1: and now you're seeing a disenfranchisement within those systems some

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Speaker 1: some of our foreign policy stuff lately. And that's what

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Speaker 1: takes place throughout history. Now, you know, the question has

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Speaker 1: always becomes, you know, can a third party emerge and

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Speaker 1: have success within this juggernaut system that we have. And

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Speaker 1: so today what I really wanted to do is just

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Speaker 1: kind of dig in, you know, in a in a

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Speaker 1: in a way that can give some context to the

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Speaker 1: historical nature of it. And then also, you know, within

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Speaker 1: the system, we have what are some you know, decent options.

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Speaker 2: This will be a good episode because I need this

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Speaker 2: episode because admittedly I'm pessimistic. I'm one of those people

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Speaker 2: that goes, man, I would love another party. I see

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Speaker 2: the problems with the two party system. I get it.

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Speaker 2: I get the whole argument. I don't I haven't been

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Speaker 2: convinced yet that we can have a third party because

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Speaker 2: of the way, you know, the majority of votes, the

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Speaker 2: way we vote versus the way Europe votes, And I

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Speaker 2: just think that a third party is a just gonna

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Speaker 2: you know, coalesce into one of the two existing ones too,

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Speaker 2: you know, have that much super majority or whatever it's called.

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Speaker 3: I need it. You need to convince me. So I

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Speaker 3: need this. I need this episode.

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Speaker 1: Well it's not only you, Jeordy, it's also you know,

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Speaker 1: you in your car right now, you know, and and

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Speaker 1: driving in and going yeah, what's going on? And I'm

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Speaker 1: getting tired of both things. You know, why aren't we

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Speaker 1: giving more government accountability? Why can't we see why can't

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Speaker 1: we prosecute the people within involved in Epstein? Why can't

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Speaker 1: we know? Uh, you know, the corruption that went on

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Speaker 1: with the Clinton Foundation. Why why are we not seeing

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Speaker 1: all this? And you know, I think a tremendous amount

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Speaker 1: of people, including myself and you listening right now, you

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Speaker 1: you feel something's off, and you know that's for a

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Speaker 1: multitude of reasons, but I think most most notably, uh,

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Speaker 1: we have more access to information now than we ever have,

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Speaker 1: and we've got a better way to an lies the

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Speaker 1: probability of whether or not things can work or not.

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Speaker 1: And so, you know, first before we get into you know,

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Speaker 1: you have to realize that nothing in the Constitution of

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Speaker 1: the United States precludes there from being just a two

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Speaker 1: party system. And there's nothing that says, oh no, it

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Speaker 1: only works with two parties. That's it. It just doesn't

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Speaker 1: exist now. Obviously through different Federal Election Commission FEC laws,

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Speaker 1: you know, different states have different processes to become eligible

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Speaker 1: to be on a ballot. Right. We saw that significantly

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Speaker 1: with Robert F. Kennedy Junior, who ultimately because the DNC

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Speaker 1: was suing him, was actually suing him led by Mark

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Speaker 1: Elias in his activities basically saying we're going to sue

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Speaker 1: you in to submission and not allow you to get

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Speaker 1: the enough signatures in order to be able to get

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Speaker 1: on the ballot. Now, what's crazy is in some places

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Speaker 1: those signatures are as low as a thousand signatures, right,

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Speaker 1: and then in some places like California, it's one hundred

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Speaker 1: thousand signatures. And then obviously what we've seen over and

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Speaker 1: over is that these major parties and they're you know,

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Speaker 1: they're there there the law fair that they're capable of waging.

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Speaker 1: You know, they're gonna do everything they can to prevent that, right.

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Speaker 1: They really believe that he was a threat. So what

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Speaker 1: he ended up doing he ran as an independent, you know,

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Speaker 1: you know, And the system has been known in a

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Speaker 1: couple of different ways. And one of the things that

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Speaker 1: it's it's uh first passed the post political system. That means,

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Speaker 1: you know, the person who ends up winning the majority

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Speaker 1: of votes ends up collecting all of the electoral votes

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Speaker 1: for the state. Now, states by no measure are bound

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Speaker 1: to this type of structure. In fact, when you look

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Speaker 1: at Maine and Nebraska, they have the option to give

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Speaker 1: their electoral votes to to divide them up to give

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Speaker 1: them who they want, which is a very interesting idea

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Speaker 1: and something to consider. As I talk about on the

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Speaker 1: other end, of this whether or not this political the

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Speaker 1: American Party is going to gain any steam.

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Speaker 2: One point one slight detail I just want to throw

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Speaker 2: in there for people who don't know about this, because

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Speaker 2: I didn't very recently. It doesn't have to be the majority.

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Speaker 2: It's whatever candidate has the most votes. Now that might

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Speaker 2: be over fifty percent, right, but it's just the first

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Speaker 2: one to get more than all the other people. Even

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Speaker 2: if that's that could be ten percent. You know, I mean,

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Speaker 2: if you had a bunch of.

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Speaker 1: People that's right, that's right, and it's and that's a

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Speaker 1: that's a key indicator, and that's really you know, and

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Speaker 1: overseas that what they'll do is they'll they'll divvy up

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Speaker 1: seats based on percentages and highest and lows and but

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Speaker 1: not here, right, It's it's that goes back to that

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Speaker 1: first past the post political system. There's a brilliant guy

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Speaker 1: at Hillsdale College. I'm forgetting what his name is right now.

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Speaker 1: Maybe we'll put a link. He's got a great little

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Speaker 1: video on YouTube that we'll post in the notes here

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Speaker 1: of this of this show that really kind of explains

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Speaker 1: the basics of this system. Now, you know, the idea is,

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Speaker 1: you know, are there what are the pros and cons

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Speaker 1: versus this? Obviously, you know the pros are It really

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Speaker 1: drives incentive for the main system to be the main

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Speaker 1: party to work in kind of a coalition based framework,

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Speaker 1: which you know, the Democratic Party since really since the

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Speaker 1: nineteen fifties has been you know, a grand coalition of

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Speaker 1: all these this and we saw it, you know, considerably recently.

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Speaker 1: We've got all these the progressive progressive wing, You've got

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Speaker 1: you know, all these different groups. You've got Blue Dog Democrats, Democrats,

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Speaker 1: You've got the Squad, You've got all these and they

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Speaker 1: and they break down like that within Congress as well, right,

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Speaker 1: you've got these caucuses that end up, you know, kind

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Speaker 1: of you having to convince to get a majority vote

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Speaker 1: within the House or the Senate, you know, the Freedom

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Speaker 1: Caucus within the Republican Party or you know, like I said,

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Speaker 1: the Squad and the Democratic Party. So an example of that, well,

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Speaker 1: I you know, nothing has been quite formalized when in

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Speaker 1: either one in the House of the Senate as a

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Speaker 1: particular MAGA movement, and I think, you know, the Freedom

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Speaker 1: Caucus is kind of the the the root cause you know,

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Speaker 1: you've got Eli Crane in that group, who you know

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Speaker 1: another team guy who's got some great interviews that he

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Speaker 1: did with with Sean on his show, which I highly

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Speaker 1: recommend you check those out if you're if you're listening.

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Speaker 1: And so you have this kind of caucus based, coalition

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Speaker 1: based thing, and even in the Republican Party as you know,

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Speaker 1: you have you know, traditionalists in the party. You have

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Speaker 1: Tea Party O yeap, oh my god, you've got Tea

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Speaker 1: Party members. Yeah, yeah, that's great, you know, foreign people,

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Speaker 1: and I think it really kind of divides.

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Speaker 3: Proficial though, right.

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Speaker 1: Well, I mean I think the Tea Party tried it

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Speaker 1: at its hand to be you know, its own party.

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Speaker 1: You know, it's kind of an off offshoot of the

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Speaker 1: Libertarian Party in some capacity, but they you know, the

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Speaker 1: challenge is funding, right, and that's really where it becomes substantial,

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Speaker 1: because you're in these massive races against these juggernauts with

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Speaker 1: you know, all these different.

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Speaker 3: You know DNC dude, good luck.

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Speaker 1: Well you look at like the grassroots aspect of what

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Speaker 1: Act Blue is able to accomplish, right, and you had

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Speaker 1: millions of these voters, Democratic voters from this wide variety

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Speaker 1: of this coalition that we're giving on a regular basis,

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Speaker 1: you know, five ten, fifteen, twenty dollars every month, and

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Speaker 1: then it became this juggernaut. Now I will say, you know,

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Speaker 1: the to the great work of mister James O'Keefe and

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Speaker 1: oh my god, our OMG Media, his company. He did

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Speaker 1: this wonderful expose that really discovered that ActBlue had been compromised.

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Speaker 1: Rather than they actually no is wild, he actually showed

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Speaker 1: up at these voters in rural Virginia, would show up

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Speaker 1: to these old people's house and say, you know, knock

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Speaker 1: on the door and say, excuse me, ma'am, I'm a journalist,

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Speaker 1: but have you donated to Act Blue? And they'd be like, oh, yeah, donated,

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Speaker 1: and you know, and he's like, well, it says here

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Speaker 1: that you donated one hundred and twenty five thousand dollars

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Speaker 1: after over the last three and they're like, oh my goodness,

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Speaker 1: I'm on a fixed income. There's no way I could

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Speaker 1: have done that. God, oh god. It's the The corruption

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Speaker 1: in this thing is substantial, and what many people believe

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Speaker 1: is those donations were hidden and they were foreign donations

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Speaker 1: coming from China, coming from the Middle East, coming from

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Speaker 1: all over the place. But that's another part of investigation

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Speaker 1: that we need to get to the bottom of as

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Speaker 1: well too. And the other cool radical thing about within

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Speaker 1: one of the coalition aspects, the BLM movement. Guess who

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Speaker 1: ran who ran and controlled BLM's funding and fundraising Act Blue.

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Speaker 1: So when you went to BLM and donated to BLM,

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Speaker 1: that money went to Act Blue, which was the fundraising

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Speaker 1: juggernaut of the Democratic Party right anyway.

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Speaker 2: So so being an NGO, dude, that's that's what we're missing.

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Speaker 3: We need we need to get us an NGO.

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Speaker 1: Well, they're already in there. What are you talking about.

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Speaker 1: There's all these religious NGOs that we saw in the

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Speaker 1: last component right where you had one NGO, a Christian

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Speaker 1: based NGO in Texas. I forget where it was. They

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Speaker 1: went from annually getting about forty million dollars a year

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Speaker 1: forty forty five million dollars a year to two hundred

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Speaker 1: and fifty million dollars a year and that was through

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Speaker 1: government funding. So what do you have You have essentially

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Speaker 1: them bringing in all these illegal aliens. Well, what is

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Speaker 1: part of the process of that, Well, you try and

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Speaker 1: get them identification so they can work. Well, then what

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Speaker 1: do you do. You take that identification, You go to

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Speaker 1: the local registrar, you know, and you register those people

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Speaker 1: to vote based on their there are things A huge

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Speaker 1: thing just got busted down in Texas doing this, like

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Speaker 1: it was like twenty five people within the Democratic Party

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Speaker 1: that got busted for doing this. So you know, you

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Speaker 1: you have these systems. Obviously there's so much money taking place,

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Speaker 1: there's so much space for corruption. You know, that's I

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Speaker 1: think that's another aspect of why you know, you're you're frustrated,

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Speaker 1: like I am, like I know, you know the people

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Speaker 1: that are listening are frustrated as well too, so you know,

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Speaker 1: you you know, one of the things that you know,

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Speaker 1: this concept called party sorting. So if one party has

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Speaker 1: a tendency to lean too far one the way or

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Speaker 1: the other, you know, what you have is to break

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Speaker 1: down a coalition. Then people just you know, are like, well,

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Speaker 1: I'm not voting for that, I'm not being a part

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Speaker 1: of it, and then you lose that consensus. Well, one

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Speaker 1: of the things we've seen over the last eight years

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Speaker 1: or more than that, I would say probably we're going

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Speaker 1: in six, you know, fifteen, sixteen years now is this,

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Speaker 1: you know, the consolidated effort of the Democratic Party, like

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Speaker 1: they vote lockstop, lockstep with each other and they don't

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Speaker 1: break those party lines, which has created this you know,

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Speaker 1: pretty divisive uh system. But I you know what, here's

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Speaker 1: the deal. It's always been divisive, like we have. I

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Speaker 1: think the American public gets to a certain place and

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Speaker 1: it's like, oh no, no, politics used to be cool.

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Speaker 1: Like it was very you know, very very regimented and

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Speaker 1: all this and that's all bull like you know here,

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Speaker 1: like I just found this out, you know, based on

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Speaker 1: this last election cycle that you know, back in the

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Speaker 1: early nineteen hundreds, like senators didn't even run campaigns. They

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Speaker 1: were appointed by the parties. Right, so like the RNC

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Speaker 1: or the DNC or you know whatever the bull moves

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Speaker 1: party of Theodore Roosevelt right in early nineteen hundred, like

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Speaker 1: they would appoint you know, if you won, you appointed

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Speaker 1: senators and they appointed who would get these these positions.

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Speaker 1: So so there's a lot of nuance about this that

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Speaker 1: I think is is really creates a difficult hurdle to

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Speaker 1: overcome if you're a new party. But we'll get into that, right.

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Speaker 1: You know. The other aspect is the idea of the

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Speaker 1: direct primary. You know that really kind of ingrains the

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Speaker 1: idea of this two party system where you're going to

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Speaker 1: run against another person, you win the primary, you get

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Speaker 1: the voters in your area, you know, in these these districts,

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Speaker 1: and you know you're good to go. You win the primary,

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Speaker 1: you move in, you're the favorite. Now that's the where

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Speaker 1: we have this other you know thing that becomes very

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Speaker 1: problematic for us as voters is the gerrymandering that takes place.

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Speaker 1: And this takes place with all different types, right, whether

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Speaker 1: it's a faulty consensus by integrating illegal uh residents of

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Speaker 1: America who have no place, justifying the differences of of

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Speaker 1: of how many congressional seats of particular state gets right. Uh.

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Speaker 1: Then there's also within the states themselves, you know how

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Speaker 1: they rearrange in gerrymander districts. You know, bipartisan, right, I mean, yes,

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Speaker 1: they both do this. They both do this, right, it

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Speaker 1: benefits them and and and you know it's obvious it

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Speaker 1: comes out that they have discussions about this thing. Well,

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Speaker 1: we'll give you we'll give you the west side of Boca,

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Speaker 1: or we'll give you this little piece over here of

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Speaker 1: Kassimi or you know of you know, and we're gonna

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Speaker 1: move this and and and and that's what you're doing.

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Speaker 1: You're you're you're you're rigging your area to make sure

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Speaker 1: that you get enough voters so that you're never going

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Speaker 1: to get primary, right, You're never going to have some

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Speaker 1: candidate come in and overwhelm you who's from a different party.

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Speaker 1: And that's how this whole system works. You know, I think,

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Speaker 1: let me just let's just take a break from this

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Speaker 1: and let me just give a kind of a brief

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Speaker 1: summation of the history of parties in America, right, And

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Speaker 1: let me just give a kind of a brief summation

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Speaker 1: of the history of parties in America. Right. You know,

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Speaker 1: I think the first party system really originated. Everybody's familiar

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Speaker 1: with the wonderful Broadway play called Hamilton, right and the Federalists,

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Speaker 1: you know, And and what was interesting is you And

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Speaker 1: this is the part that I think people need to

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Speaker 1: think about, if if they to think about third parties

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Speaker 1: emerging or whatever, is what are the core issues for Americans?

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Speaker 1: And what have been those core issues from the beginning?

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Speaker 1: And so what did the Fed? What did Hamilton and

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Speaker 1: his people what did they what were they supporting? They

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Speaker 1: supported strong central government, a national bank, right commerce, and

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Speaker 1: ties with Britain. It was funded by the wealthy elites

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Speaker 1: and commercial interests. Right. I had early victories with President Adams, right,

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Speaker 1: but declined after the War of eighteen twelve. Then here

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Speaker 1: was an interesting one and many people don't realize this,

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Speaker 1: but the other party of the time was called what

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Speaker 1: the Democratic Republicans. And this is essentially Jefferson and Madison, right,

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Speaker 1: We're the champions of this emerging party, and changed they

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Speaker 1: champion aggregariant. I can't ever say this, dude, agrarianism, right,

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Speaker 1: that states rights and strict constitutional interpretation. Right. So that's key,

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Speaker 1: you know, to begin to I understand. So it's money,

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Speaker 1: states rights influence, right, foreign policy right, and this you know,

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Speaker 1: this really was the system, all right. So when did

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Speaker 1: the second party system emerge? And this was basically from

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Speaker 1: eighteen twenty four to the eighteen fifties, and you had

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Speaker 1: the Democratic Party. Who was the big little trivia question

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Speaker 1: for you, Jordi, who was the first Who was the

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Speaker 1: first pipe hitterer in the Democratic Party?

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Speaker 3: Democratic non federalist.

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Speaker 1: Non federalists, not Democratic Republicans, but the Democratic Party.

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Speaker 3: Dude, I'm gonna embarrass myself if I answer to this.

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Speaker 3: I got no clue.

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Speaker 1: Andrew Jackson oh dog right, right, who was a populist right,

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Speaker 1: pro states rights right. And it was all about this grassroots,

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Speaker 1: small donations, you know a large number of people and

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Speaker 1: they really really connected with with the people. And I

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Speaker 1: think you know also because he was a war hero,

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Speaker 1: he was a badass. Was yeah, he was badass. When

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Speaker 1: you when you when you do the research on and

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Speaker 1: Andrew Jackson, you know nothing other than he was a badass. Right.

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Speaker 1: He grew the country bigger than anybody else, really powerful. Well,

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Speaker 1: you also had the Whig Party that emerged, right, and

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Speaker 1: these are the opponents of Andrew Jackson who were pro

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Speaker 1: federal investment people and infrastructure, and they were funded by

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Speaker 1: the businessman right and the elites, William Henry Harrison. But

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Speaker 1: the party eventually was dismantled over you know, the concept

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Speaker 1: of slavery, the third party system. Eighteen fifties to the

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Speaker 1: eighteen nineties, you had the Republicans right, and we who's

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Speaker 1: the most notorious Republican in history, Hey Blincoln, old honest

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Speaker 1: day Blanken right, anti slavery, pro business, high tariffs, you know,

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Speaker 1: kind of anti central banking, you know systems, but high

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Speaker 1: terraffs get other countries who want to deal with us

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Speaker 1: to pay their fair share and historic wins. That was

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Speaker 1: the Industrial Revolution around that time, so we needed it, right, Yeah,

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Speaker 1: well it began right early kind of eighteen forties, eighteen fifties,

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Speaker 1: railroads started going big, transcontinental commerce, shipping grew, industrialization began.

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Speaker 2: That's the only way we compete, could compete probably as

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Speaker 2: an emerging country.

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Speaker 3: That's right, we need the tariffs, right, yeap, one hundred percent.

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Speaker 1: Why because the South was producing a tremendous amount of

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Speaker 1: goods that were going overseas, right, Sugar, tobacco, all the

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Speaker 1: stuff that was really you know, the the juggernaut of

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Speaker 1: the Southern States. Then you had the Democrats right right

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Speaker 1: regionally with urban Southern support back to immigrant labor, rural

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Speaker 1: interests and fluctuation and power through the Gilded Age now

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Speaker 1: you know, post Civil War, the Republicans really dominated all

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Speaker 1: the way up and through that time, right through the reconstruction.

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Speaker 2: Era because they were anti slavery and they won right well.

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Speaker 1: They pretty much demolished the old school system, right and

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Speaker 1: they had you know, so much industrialization going in particular

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Speaker 1: beginning in the eighteen seventies, eighties and nineties that you know,

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Speaker 1: the South because it had been essentially decimated these farms.

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Speaker 1: I mean, they restructured and came back with a vengeance

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Speaker 1: under those Jim Crow laws, and.

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Speaker 2: Their economy collapsed because their cost of labor just went

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Speaker 2: through the roof. If you can't see slavery obviously, and

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Speaker 2: so yeah, the North obviously would crush them because they

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Speaker 2: had all it was all industrial.

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Speaker 1: That's right, all right, So within the twentieth century things

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Speaker 1: really began to shift, right, you know. I think what

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Speaker 1: was interesting for me was you had, you know, Teddy

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Speaker 1: Roosevelt really kind of excelled at turn of the century

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Speaker 1: based on kind of American might industrialization, but was another yeah,

427
00:26:18,400 --> 00:26:22,080
Speaker 1: but he had very progressive views and it was like, hey,

428
00:26:22,240 --> 00:26:25,280
Speaker 1: you know, let's get rid of child labor, let's uh,

429
00:26:25,400 --> 00:26:29,399
Speaker 1: women's suffrage was a big thing. But after he came out,

430
00:26:29,680 --> 00:26:32,040
Speaker 1: you know, he went back into politics and that's when

431
00:26:32,040 --> 00:26:34,800
Speaker 1: he started. And this was really, in my opinion, the

432
00:26:34,840 --> 00:26:38,439
Speaker 1: first of the thirty third party candidates, and this was

433
00:26:38,480 --> 00:26:43,479
Speaker 1: the Bull Moose Party right, which was the Progressive Party

434
00:26:43,840 --> 00:26:48,520
Speaker 1: of nineteen twelve. Because he lost the Republican nomination to

435
00:26:48,760 --> 00:26:52,800
Speaker 1: Howard taff Right, so he rose run as this third party.

436
00:26:52,920 --> 00:26:58,120
Speaker 1: So on women's suffrage, labor productions, direct democracy, regulation of corporations. Right,

437
00:26:58,160 --> 00:27:02,000
Speaker 1: he wanted to break up the monopolies. Well, what was

438
00:27:02,119 --> 00:27:05,439
Speaker 1: crazy is that he won twenty seven percent of the vote,

439
00:27:05,760 --> 00:27:10,240
Speaker 1: but he split the Republican vote. And that's where all

440
00:27:10,280 --> 00:27:13,639
Speaker 1: these third party concepts come in. You know, you have

441
00:27:13,760 --> 00:27:15,479
Speaker 1: so much pressure eight, Well, all you're going to do

442
00:27:15,560 --> 00:27:19,360
Speaker 1: is just split one side or the other, thereby losing

443
00:27:19,560 --> 00:27:21,960
Speaker 1: all your momentum. There's no way you're going to pull

444
00:27:22,000 --> 00:27:26,800
Speaker 1: from both parties. Right, So he ended up weighing losing.

445
00:27:26,920 --> 00:27:33,520
Speaker 1: And then who'd we get the great Woodrow Wilson who

446
00:27:33,640 --> 00:27:37,600
Speaker 1: gave us all kinds of wonderful, wonderful outcomes World War One,

447
00:27:38,440 --> 00:27:44,560
Speaker 1: the Federal Reserve Act and income text. God bless Woodrow Wilson, Right,

448
00:27:44,640 --> 00:27:48,359
Speaker 1: you son of a bitch. All right, So that was really,

449
00:27:48,400 --> 00:27:51,199
Speaker 1: in my mind, the first one of modern politics that

450
00:27:51,280 --> 00:27:56,600
Speaker 1: began to emerge. You know, they pretty much dominated Democrats

451
00:27:56,640 --> 00:28:01,840
Speaker 1: dominated politics all the way through FDR World War One.

452
00:28:02,040 --> 00:28:08,200
Speaker 1: Then you had Truman come in Republican, and then right

453
00:28:08,240 --> 00:28:12,879
Speaker 1: after him Eisenhower, Kennedy LBJ, and then finally in the

454
00:28:12,960 --> 00:28:17,240
Speaker 1: late sixties Nixon. You know, but there were kind of

455
00:28:17,280 --> 00:28:20,960
Speaker 1: these this coalition that even gained strength. But even within

456
00:28:21,440 --> 00:28:23,959
Speaker 1: the Democratic Party there was some division. You had the

457
00:28:23,960 --> 00:28:28,040
Speaker 1: Dixie Kratz of nineteen forty eight led by Storm Thurman.

458
00:28:29,440 --> 00:28:35,040
Speaker 1: You know, you had within the American Independent Party led

459
00:28:35,080 --> 00:28:40,680
Speaker 1: by George Wallace, the governor of Alabama, who was opposed

460
00:28:40,680 --> 00:28:43,400
Speaker 1: to civil rights. You know what was crazy is that

461
00:28:43,480 --> 00:28:46,719
Speaker 1: he won thirteen point five of the popular vote in

462
00:28:46,880 --> 00:28:51,280
Speaker 1: forty six electoral votes. Now that's key to realize. Many

463
00:28:51,320 --> 00:28:55,320
Speaker 1: people never even talk about him winning that many votes, right,

464
00:28:55,360 --> 00:28:59,200
Speaker 1: because it's the electoral votes. What everybody always wants to

465
00:28:59,240 --> 00:29:02,160
Speaker 1: go is. You know, people want to go to the

466
00:29:02,200 --> 00:29:06,239
Speaker 1: most notable in modern history, which was Ross Perot, and

467
00:29:06,240 --> 00:29:08,680
Speaker 1: they want to be like, well, Ross Paro run as

468
00:29:08,680 --> 00:29:14,640
Speaker 1: an independent. You know, he gained a significant his nineteen

469
00:29:14,720 --> 00:29:19,760
Speaker 1: ninety two run. He peaked at nineteen percent in summer

470
00:29:19,840 --> 00:29:24,400
Speaker 1: polls in October, finished with nineteen percent of the popular vote.

471
00:29:24,600 --> 00:29:28,440
Speaker 1: But he guess what, how many electoral votes did Ross

472
00:29:28,440 --> 00:29:29,120
Speaker 1: Perot get?

473
00:29:29,200 --> 00:29:31,840
Speaker 3: JORDI, Oh no, I'm gonna guess ten.

474
00:29:32,480 --> 00:29:33,200
Speaker 1: He got zero.

475
00:29:33,880 --> 00:29:36,720
Speaker 2: Nice, So if I was alive, I feel like I

476
00:29:36,760 --> 00:29:37,640
Speaker 2: would have I would.

477
00:29:37,480 --> 00:29:38,320
Speaker 3: Elect Ross Perot.

478
00:29:39,240 --> 00:29:42,240
Speaker 1: I'll tell you what I did. I really did. I mean,

479
00:29:42,320 --> 00:29:44,680
Speaker 1: I thought he was sharp. He used to do these

480
00:29:44,800 --> 00:29:49,760
Speaker 1: really awesome like commercials where he would take graphs and

481
00:29:49,800 --> 00:29:51,120
Speaker 1: he'd explain everything.

482
00:29:51,160 --> 00:29:53,719
Speaker 2: I've seen his famous thing about him explaining all of that,

483
00:29:53,800 --> 00:29:56,560
Speaker 2: like the spending or the debt or the the reserve.

484
00:29:56,920 --> 00:29:58,239
Speaker 2: I mean, it was like he just put he just

485
00:29:58,560 --> 00:30:00,960
Speaker 2: he was super wealthy, right, and so he does a

486
00:30:01,040 --> 00:30:03,640
Speaker 2: billionaire times that's right, and he's like, here you go,

487
00:30:03,680 --> 00:30:05,520
Speaker 2: we're gonna do a college lecture real quick on how

488
00:30:05,560 --> 00:30:06,040
Speaker 2: this works.

489
00:30:06,160 --> 00:30:06,400
Speaker 1: Dude.

490
00:30:06,400 --> 00:30:09,040
Speaker 3: That's that's awesome. I wish people do that.

491
00:30:09,440 --> 00:30:12,840
Speaker 1: Well. People resonated with him, right, People were like, Yeah,

492
00:30:12,880 --> 00:30:15,320
Speaker 1: we're sick of the spending, We're sick of the bull

493
00:30:15,400 --> 00:30:17,640
Speaker 1: We're sick of all this that's going on, the war's

494
00:30:17,760 --> 00:30:21,320
Speaker 1: going on, We're sick of all this. And he was

495
00:30:21,360 --> 00:30:25,280
Speaker 1: able to strike a nerve right, and you know, he

496
00:30:25,400 --> 00:30:28,920
Speaker 1: was a populace, a centrist right, and he called it

497
00:30:28,960 --> 00:30:32,240
Speaker 1: the Reform Party basically, and it was an alternative to

498
00:30:32,280 --> 00:30:35,680
Speaker 1: the Democrat Republicans. And his main thing was he wanted

499
00:30:35,680 --> 00:30:41,040
Speaker 1: to balance federal budgets with defit reduction. He opposed to

500
00:30:41,240 --> 00:30:45,880
Speaker 1: corporate driven trade deals. Uh, he wanted campaign refined find

501
00:30:46,320 --> 00:30:51,400
Speaker 1: finance reform, excuse me, campaign finance reform, term limits for Congress,

502
00:30:51,440 --> 00:30:54,600
Speaker 1: which I think I know if you're listening, you want.

503
00:30:55,080 --> 00:30:59,720
Speaker 1: I want that, right, I mean right government accountability and transparency.

504
00:31:00,320 --> 00:31:02,560
Speaker 1: That would be nice, wouldn't it.

505
00:31:02,680 --> 00:31:05,280
Speaker 3: Ross Pro twenty twenty eight, let's go exactly.

506
00:31:05,480 --> 00:31:11,280
Speaker 1: He's got immigration controls, right, that's a big issue nowadays.

507
00:31:11,840 --> 00:31:14,400
Speaker 1: You know, in ninety six he ran again, but he

508
00:31:14,440 --> 00:31:17,000
Speaker 1: only received eight point four percent of the vote, not

509
00:31:17,040 --> 00:31:21,360
Speaker 1: as strong as ninety two. I think people really loved Clinton.

510
00:31:21,640 --> 00:31:25,719
Speaker 1: You had Jesse Ventura who actually ran right as a

511
00:31:25,760 --> 00:31:29,640
Speaker 1: reform candidate and won the Minnesota governor's race. Now that's

512
00:31:29,680 --> 00:31:34,160
Speaker 1: a key indicator right there, because states are the most vulnerable.

513
00:31:34,200 --> 00:31:36,560
Speaker 1: And I'll get into that in a second. Right. And

514
00:31:36,680 --> 00:31:43,000
Speaker 1: finally you had Pat Mucannon, John Hagelin. You had a

515
00:31:43,000 --> 00:31:46,960
Speaker 1: couple Green Party candidates in the past, but really the

516
00:31:47,040 --> 00:31:51,000
Speaker 1: last substantial one was on a presidential was Ross Pro

517
00:31:51,080 --> 00:31:54,520
Speaker 1: and Jesse Ventur as a governor. And then finally where

518
00:31:54,520 --> 00:32:00,320
Speaker 1: we're at today. On July fourth, Elon Musk announced that

519
00:32:00,360 --> 00:32:03,560
Speaker 1: the American Party Now, according to you, Gov, forty five

520
00:32:03,600 --> 00:32:07,440
Speaker 1: percent of Americans believe a third party is necessary, but

521
00:32:07,720 --> 00:32:13,160
Speaker 1: just eleven percent would consider joining. A Quinnipiac University poll,

522
00:32:13,280 --> 00:32:16,240
Speaker 1: forty nine percent Americans say they would consider joining a

523
00:32:16,280 --> 00:32:19,600
Speaker 1: third party, while only seventeen percent say they are interested

524
00:32:19,640 --> 00:32:23,560
Speaker 1: in the one created by Musk. CNN sixty three percent

525
00:32:23,640 --> 00:32:27,640
Speaker 1: Americans favorite third party just twenty five percent when Musk

526
00:32:27,800 --> 00:32:32,400
Speaker 1: is involved. I guess those centrists on the Democratic SORR

527
00:32:32,560 --> 00:32:35,800
Speaker 1: once he got behind Trump kind of kind of ended

528
00:32:35,800 --> 00:32:36,480
Speaker 1: that for him.

529
00:32:36,600 --> 00:32:39,320
Speaker 2: Well, this reflects kind of how I'm feeling of. This

530
00:32:39,640 --> 00:32:43,760
Speaker 2: sounds like a great idea in theory, right in theory,

531
00:32:43,840 --> 00:32:47,240
Speaker 2: I support this. I sounds like a great idea because

532
00:32:47,640 --> 00:32:51,719
Speaker 2: you know, people usually line up with most of maybe

533
00:32:51,720 --> 00:32:54,560
Speaker 2: but not all of people's opinions on each side of

534
00:32:54,560 --> 00:32:57,200
Speaker 2: the aisle. And wouldn't it be nice in theory to

535
00:32:57,240 --> 00:32:59,200
Speaker 2: have this third party that got everything I wanted? But

536
00:32:59,720 --> 00:33:01,560
Speaker 2: i'llo to have this other part of my brain's like

537
00:33:01,560 --> 00:33:04,360
Speaker 2: the angel and the devil on my shoulder. The Devil's like, yeah,

538
00:33:04,360 --> 00:33:07,560
Speaker 2: but how practical is it? How realistic is it? Well,

539
00:33:07,560 --> 00:33:09,560
Speaker 2: I'm going to tell you how realistic it is.

540
00:33:09,960 --> 00:33:14,400
Speaker 1: Actually, there's actually a gentleman that did an extensive study

541
00:33:14,480 --> 00:33:18,480
Speaker 1: on this and came up with something that is now

542
00:33:18,520 --> 00:33:24,080
Speaker 1: known as the DUIs Verge law and is a principle

543
00:33:24,080 --> 00:33:29,080
Speaker 1: in political science that explains the relationship between electoral systems

544
00:33:29,440 --> 00:33:32,960
Speaker 1: and the number of viable political parties in a given

545
00:33:33,000 --> 00:33:36,600
Speaker 1: political environment. Now, this is named after French political science

546
00:33:36,920 --> 00:33:41,280
Speaker 1: scientist Maurice DUIs Verge, who developed this concept in the

547
00:33:41,360 --> 00:33:51,120
Speaker 1: nineteen fifties. The law posits that certain electoral systems tend

548
00:33:51,160 --> 00:33:56,360
Speaker 1: to produce specific party systems and outcomes. Specifically, it suggests

549
00:33:56,400 --> 00:34:01,840
Speaker 1: that a single member district plurality rules electoral systems often

550
00:34:01,920 --> 00:34:06,840
Speaker 1: called first past the Posts tend to favor two party systems,

551
00:34:06,880 --> 00:34:13,720
Speaker 1: while proportional representation pr systems tend to encourage multi party systems. Now,

552
00:34:14,840 --> 00:34:19,319
Speaker 1: you can look this up on chat GPT or grock four,

553
00:34:19,440 --> 00:34:23,160
Speaker 1: whichever is your fancy, and this guy gives a real

554
00:34:23,320 --> 00:34:26,640
Speaker 1: deep dive on this. Now, there was one aspect I

555
00:34:26,680 --> 00:34:29,359
Speaker 1: want to talk about now is the psychological effect. So

556
00:34:29,400 --> 00:34:34,560
Speaker 1: the psychological effect refers to how voters and political actors

557
00:34:34,640 --> 00:34:39,279
Speaker 1: adapt their behavior based on the electoral incentives. Right in

558
00:34:39,360 --> 00:34:43,720
Speaker 1: the system that we have, voters often engage in strategic voting,

559
00:34:44,320 --> 00:34:48,040
Speaker 1: choosing not to vote for smaller parties. They prefer to

560
00:34:48,200 --> 00:34:54,160
Speaker 1: avoid quote wasting their vote and instead supporting one of

561
00:34:54,200 --> 00:34:57,480
Speaker 1: the two leading parties likely to win. For example, a

562
00:34:57,600 --> 00:35:00,399
Speaker 1: voter in the US who prefers the Green Party vote

563
00:35:00,400 --> 00:35:05,640
Speaker 1: for the Democratic candate to prevent to prevent a Republican victory. Now,

564
00:35:05,680 --> 00:35:12,120
Speaker 1: we saw that pretty extensively with Donald Trump, right, I mean, yes,

565
00:35:12,400 --> 00:35:16,080
Speaker 1: you know, anybody, but Trump was a major thing right

566
00:35:16,200 --> 00:35:20,560
Speaker 1: for for the last three cycles because they basically.

567
00:35:20,800 --> 00:35:22,319
Speaker 2: On the flip side. I think, sorry, I think on

568
00:35:22,320 --> 00:35:24,879
Speaker 2: the flip side the libertaries. A lot of libertarian leading folks,

569
00:35:24,880 --> 00:35:27,240
Speaker 2: we're probably going to vote Republican for the same exact reason.

570
00:35:28,000 --> 00:35:31,400
Speaker 1: I think we saw that you had major libertarians like

571
00:35:31,920 --> 00:35:34,680
Speaker 1: Scott Horton, Dave Smith.

572
00:35:35,800 --> 00:35:38,600
Speaker 3: You know, Oliver ran as a Republican, right.

573
00:35:38,560 --> 00:35:42,440
Speaker 1: Well, that's right, that's right, right, he runs as a Republican.

574
00:35:42,520 --> 00:35:44,960
Speaker 1: And you know, if you if you dig into his stuff,

575
00:35:45,000 --> 00:35:48,759
Speaker 1: which are some really amazing thing My favorite aspect of

576
00:35:48,840 --> 00:35:53,440
Speaker 1: him is is federal deficits and ending the FED. Love that,

577
00:35:53,600 --> 00:35:58,400
Speaker 1: no new wars, different focus on foreign policy. But again,

578
00:35:59,080 --> 00:36:01,480
Speaker 1: you know, the Liberty Party is not going to be

579
00:36:01,520 --> 00:36:07,799
Speaker 1: able to one get the the energy it needs via

580
00:36:08,040 --> 00:36:14,600
Speaker 1: funds and a concisess around the political system. Now, what's

581
00:36:14,640 --> 00:36:19,719
Speaker 1: interesting to me is, you know, when you see all that,

582
00:36:20,280 --> 00:36:25,279
Speaker 1: you go to yourself, well, all right, we're stuck in this.

583
00:36:25,880 --> 00:36:28,600
Speaker 1: And I know if you're you know, if you're like me,

584
00:36:28,760 --> 00:36:31,400
Speaker 1: and you see these and you get into it and

585
00:36:31,440 --> 00:36:34,920
Speaker 1: you start reading about it, you start becoming a little depressed.

586
00:36:34,960 --> 00:36:38,160
Speaker 1: A Right, we are entrenched in this system and we

587
00:36:38,280 --> 00:36:41,239
Speaker 1: can't break out of it. But again I go back

588
00:36:41,280 --> 00:36:45,560
Speaker 1: to the idea of why not. The fact is is,

589
00:36:46,480 --> 00:36:50,240
Speaker 1: you know, if you look at both parties and let's

590
00:36:50,280 --> 00:36:52,960
Speaker 1: just start, let's just start at two thousand and two,

591
00:36:53,040 --> 00:36:56,319
Speaker 1: a two thousand election, let's just start there and go

592
00:36:56,400 --> 00:37:00,880
Speaker 1: forward from there, and we've got, you know, twenty five

593
00:37:00,960 --> 00:37:05,239
Speaker 1: years to evaluate in our political system. And what we

594
00:37:05,400 --> 00:37:09,040
Speaker 1: have is we have both of those parties have done

595
00:37:10,440 --> 00:37:15,319
Speaker 1: substantial damage to the American system. Now, granted, hold on,

596
00:37:15,440 --> 00:37:22,400
Speaker 1: I'm gonna give a caveat My life is awesome, all right.

597
00:37:24,239 --> 00:37:28,000
Speaker 1: I do a podcast for a living, Right, I work

598
00:37:28,080 --> 00:37:31,840
Speaker 1: for a large asset management company. My kids go to

599
00:37:31,880 --> 00:37:35,000
Speaker 1: great schools. Right, got a sick bus cut, Yeah, I

600
00:37:35,000 --> 00:37:38,319
Speaker 1: got a sick buzz cut. Right. You know, dude, my

601
00:37:38,400 --> 00:37:41,319
Speaker 1: life is awesome. And I want you to know because

602
00:37:41,360 --> 00:37:44,680
Speaker 1: sometimes I worry that my audience, who I know are

603
00:37:44,880 --> 00:37:47,400
Speaker 1: are incredibly pro American as am I. I mean, I

604
00:37:47,880 --> 00:37:50,920
Speaker 1: I raised my riving hand, I volunteered to serve down range,

605
00:37:50,920 --> 00:37:54,600
Speaker 1: I served in many different facets. I am the guy

606
00:37:54,640 --> 00:37:58,560
Speaker 1: that you know screams Merca. You know, I was just

607
00:37:58,640 --> 00:38:02,319
Speaker 1: at of Zach Bryan Khan Shart in New York, right

608
00:38:02,440 --> 00:38:07,640
Speaker 1: at the MetLife Stadium, and you know, multiple times in

609
00:38:07,680 --> 00:38:13,600
Speaker 1: this concert the crowd broke up, broke out and us, Hey,

610
00:38:14,320 --> 00:38:17,279
Speaker 1: you say so, I'm there chanting. My kids are looking

611
00:38:17,320 --> 00:38:19,839
Speaker 1: at me like, jeez, what are you doing. I'm like, us, Hey,

612
00:38:19,880 --> 00:38:23,200
Speaker 1: you know, so I am. I bleed red, white and blue.

613
00:38:23,480 --> 00:38:27,080
Speaker 1: I am a diehard American. I love America. Right. However,

614
00:38:28,560 --> 00:38:32,759
Speaker 1: there are some pretty substantial things that have led me

615
00:38:32,960 --> 00:38:39,000
Speaker 1: to be forced to present these questions right, And I

616
00:38:39,040 --> 00:38:41,359
Speaker 1: think the big ones for me are some of our

617
00:38:41,960 --> 00:38:48,960
Speaker 1: foreign policy fiascos, the Iraq War in particular. Are are

618
00:38:50,000 --> 00:38:53,680
Speaker 1: the bailouts of two thousand and eight was astonishing to me.

619
00:38:55,320 --> 00:38:58,680
Speaker 1: I think the corruption that we've seen on both sides

620
00:38:58,719 --> 00:39:03,920
Speaker 1: of the isle. I think the Epstein thing is unbelievably

621
00:39:04,040 --> 00:39:09,160
Speaker 1: detracting towards both political parties because I think everybody was

622
00:39:09,200 --> 00:39:13,520
Speaker 1: involved in this government, both parties. Well, that's it, that's

623
00:39:13,560 --> 00:39:17,239
Speaker 1: the final one. I mean, how what what is the

624
00:39:17,400 --> 00:39:20,719
Speaker 1: level of catastrophe that my children are going to have

625
00:39:20,760 --> 00:39:24,280
Speaker 1: to suffer through and yours too, Right, Like, that's who's

626
00:39:24,280 --> 00:39:26,800
Speaker 1: going to bear the burden of thirty eight trillion dollars

627
00:39:26,840 --> 00:39:27,640
Speaker 1: in debt.

628
00:39:28,239 --> 00:39:30,200
Speaker 2: It'll blow up at some point, it'll be it'll be

629
00:39:30,239 --> 00:39:32,920
Speaker 2: fine until it's not, and when it's not, it'll be

630
00:39:33,320 --> 00:39:33,640
Speaker 2: very not.

631
00:39:34,280 --> 00:39:34,680
Speaker 3: Okay.

632
00:39:35,120 --> 00:39:38,600
Speaker 1: Well, I mean last time we went into a crisis

633
00:39:38,680 --> 00:39:41,560
Speaker 1: like this, we have thirty four million people out of jobs,

634
00:39:41,719 --> 00:39:45,239
Speaker 1: and during the Great Depression, this thing lingered for ten

635
00:39:45,400 --> 00:39:49,719
Speaker 1: years because of poor fiscal responsibility and these these programs,

636
00:39:50,400 --> 00:39:50,600
Speaker 1: you know.

637
00:39:50,840 --> 00:39:52,279
Speaker 2: And I mean I think that that would make the

638
00:39:52,280 --> 00:39:55,400
Speaker 2: Great Depression look like a like a rainy day compared

639
00:39:55,440 --> 00:39:56,440
Speaker 2: to what would come.

640
00:39:57,280 --> 00:39:57,760
Speaker 1: I agree.

641
00:39:58,320 --> 00:40:00,520
Speaker 2: Far if we have to default on our or people

642
00:40:00,560 --> 00:40:04,279
Speaker 2: stop using the US dollar, or there's or the other

643
00:40:04,440 --> 00:40:07,719
Speaker 2: route is hyperinflation, I mean, it would be like people

644
00:40:07,760 --> 00:40:10,600
Speaker 2: would be begging for the Great Depression at that point, Well.

645
00:40:10,440 --> 00:40:13,120
Speaker 1: Thank you going to you know, your showing up and

646
00:40:13,320 --> 00:40:15,840
Speaker 1: you know all of your assets are gone. You know,

647
00:40:16,120 --> 00:40:18,279
Speaker 1: no bank has the money to pay your money, right,

648
00:40:18,320 --> 00:40:22,399
Speaker 1: nobody is holding like the FDIC is insured. Like, there's

649
00:40:22,400 --> 00:40:24,640
Speaker 1: no way if there's a bank run, there's a collapse.

650
00:40:25,160 --> 00:40:27,799
Speaker 1: You know, we saw a small collapse take place in

651
00:40:27,840 --> 00:40:31,239
Speaker 1: regional banks what just a few years ago?

652
00:40:31,760 --> 00:40:32,440
Speaker 3: Three around there.

653
00:40:32,480 --> 00:40:36,239
Speaker 1: That's right, that's right, and and you know, so, you know,

654
00:40:36,320 --> 00:40:39,560
Speaker 1: with all of this going on and the madness of

655
00:40:39,600 --> 00:40:43,480
Speaker 1: the ping pong back and forth of the current political systems,

656
00:40:44,360 --> 00:40:47,560
Speaker 1: I actually would like to see what Elon Musk is

657
00:40:47,560 --> 00:40:52,799
Speaker 1: going to do now for you know, you know, my

658
00:40:52,920 --> 00:40:55,879
Speaker 1: little fun things I like to do at night when

659
00:40:55,880 --> 00:41:00,680
Speaker 1: I'm sitting at home. I asked, all right, groc how

660
00:41:00,680 --> 00:41:04,319
Speaker 1: would you run this political party? And what do you

661
00:41:04,360 --> 00:41:08,920
Speaker 1: need to do? Went through all the different FECs things

662
00:41:08,960 --> 00:41:10,960
Speaker 1: that he had to do, all this type of stuff,

663
00:41:11,000 --> 00:41:16,000
Speaker 1: the campaign financing, finding the right political person getting behind it,

664
00:41:16,080 --> 00:41:20,400
Speaker 1: the messaging of the party exactly and explicitly what they represent,

665
00:41:21,120 --> 00:41:23,440
Speaker 1: and then and then the campaign in order to do that,

666
00:41:23,840 --> 00:41:26,680
Speaker 1: and you know it, it seemed logical to me.

667
00:41:26,960 --> 00:41:28,560
Speaker 2: I mean, I mean, he could fund it, and he's

668
00:41:28,560 --> 00:41:30,919
Speaker 2: a marketing genius. He's got those he's got that going

669
00:41:30,960 --> 00:41:31,560
Speaker 2: for him.

670
00:41:31,719 --> 00:41:35,279
Speaker 1: That's right, He controls you know, he's got you know,

671
00:41:35,320 --> 00:41:38,200
Speaker 1: he doesn't have two hundred billion dollars liquid, you know,

672
00:41:38,239 --> 00:41:41,200
Speaker 1: but he certainly can cash in ten billion dollars worth

673
00:41:41,280 --> 00:41:45,520
Speaker 1: of stock or wherever. He just posted something today that

674
00:41:45,640 --> 00:41:48,719
Speaker 1: he believes in the next ten years Tesla could have

675
00:41:48,760 --> 00:41:53,239
Speaker 1: a twenty five trillion dollar valuation once the robots come online,

676
00:41:53,480 --> 00:41:56,239
Speaker 1: once all this stuff comes online, self driving.

677
00:41:55,880 --> 00:41:56,799
Speaker 3: Car I think is right.

678
00:41:57,239 --> 00:41:59,920
Speaker 1: Oh, I do too, There's no doubt, so, you know,

679
00:42:00,160 --> 00:42:02,719
Speaker 1: And with his new Tea Mobile. I don't know if

680
00:42:02,719 --> 00:42:05,080
Speaker 1: you saw this earlier in the week, his new T

681
00:42:05,280 --> 00:42:08,720
Speaker 1: Mobile agreement. Essentially there's not a place on the planet

682
00:42:08,760 --> 00:42:10,440
Speaker 1: that you're going to have a dead spot.

683
00:42:11,360 --> 00:42:14,920
Speaker 3: Oh from Starling, that's right. So I didn't see that.

684
00:42:15,160 --> 00:42:18,880
Speaker 1: Stand by to watch T Mobile. If you want to invest,

685
00:42:19,080 --> 00:42:21,680
Speaker 1: I would invest in Tea Mobile and Tesla here soon

686
00:42:22,480 --> 00:42:26,240
Speaker 1: because that's what's going to take place. I'm actually thinking

687
00:42:26,280 --> 00:42:29,000
Speaker 1: about doing it. I do have love Verizon. They give

688
00:42:29,040 --> 00:42:31,279
Speaker 1: great deals. You know, we've got great family plans, but

689
00:42:31,800 --> 00:42:34,680
Speaker 1: you know, to be able to have coverage everywhere in

690
00:42:34,680 --> 00:42:37,520
Speaker 1: the world, you just can't beat that. So this is

691
00:42:37,520 --> 00:42:42,080
Speaker 1: a guy that is many people have repeatedly, and I'm

692
00:42:42,080 --> 00:42:46,799
Speaker 1: talking the most successful financial people in the world inventors

693
00:42:46,840 --> 00:42:51,600
Speaker 1: in the world tech people. You know, don't bet against Elon, No,

694
00:42:52,440 --> 00:42:55,960
Speaker 1: all right, don't bet. But if there's anything that's going

695
00:42:56,000 --> 00:42:58,920
Speaker 1: to unify the d n C and the RNC, it's

696
00:42:58,920 --> 00:43:01,759
Speaker 1: going to be a fight again a new emerging political

697
00:43:01,800 --> 00:43:07,560
Speaker 1: party now saying all that to say this, you know

698
00:43:08,239 --> 00:43:14,920
Speaker 1: what what we definitely need though, is we we we

699
00:43:14,960 --> 00:43:20,719
Speaker 1: need a greater sense that our politicians are not you know,

700
00:43:22,120 --> 00:43:28,439
Speaker 1: abusing their power, right, whether it's insider trading, whether it's

701
00:43:28,680 --> 00:43:32,040
Speaker 1: UH government agencies and they're spending I mean, what was

702
00:43:32,080 --> 00:43:34,440
Speaker 1: the funniest I mean, I think the funniest thing I

703
00:43:34,480 --> 00:43:39,520
Speaker 1: saw all week was just yesterday, Trump or whenever it

704
00:43:39,560 --> 00:43:42,319
Speaker 1: was Trump was went over to the new fed construction

705
00:43:43,040 --> 00:43:46,759
Speaker 1: and basically in front of Jerome Powell was like, you know,

706
00:43:47,000 --> 00:43:49,719
Speaker 1: a reporter asked, you know, Trump goes, what would you

707
00:43:49,800 --> 00:43:51,600
Speaker 1: do with one of your buildings if you win a

708
00:43:51,640 --> 00:43:55,400
Speaker 1: billion dollars over budget? And he goes, it's simple, I'd

709
00:43:55,440 --> 00:43:57,919
Speaker 1: fire him. And you know, Jerome Power, I've never seen

710
00:43:58,000 --> 00:44:03,360
Speaker 1: Jerome powers. He was just humiliate, sweating, sweating, right, And

711
00:44:04,239 --> 00:44:08,000
Speaker 1: when you see things like that, and I see things

712
00:44:08,080 --> 00:44:12,879
Speaker 1: like that, that's the thing that stirs the spark in you.

713
00:44:12,880 --> 00:44:16,080
Speaker 1: You're like enough already. What the hell? Why don't we

714
00:44:16,200 --> 00:44:19,239
Speaker 1: have term limits? Why don't we have better control of

715
00:44:19,280 --> 00:44:23,720
Speaker 1: our government spending? Why does the Pentagon fail an audit

716
00:44:23,920 --> 00:44:27,120
Speaker 1: every single year? Why can't we know if there's gold

717
00:44:27,400 --> 00:44:30,239
Speaker 1: at Fort Knox? Why can't you know? How does the

718
00:44:30,280 --> 00:44:33,919
Speaker 1: Federal Reserve have secret meetings where they establish the rates?

719
00:44:33,960 --> 00:44:39,520
Speaker 1: In fact, a group just filed an emergency a lawsuit

720
00:44:39,640 --> 00:44:43,239
Speaker 1: against them so that their meeting I think next Tuesday

721
00:44:44,120 --> 00:44:47,360
Speaker 1: will be public and we can actually watch their meetings

722
00:44:47,440 --> 00:44:49,080
Speaker 1: and how they set interest rates.

723
00:44:49,080 --> 00:44:51,760
Speaker 3: And why I didn't know that wasn't already true?

724
00:44:51,960 --> 00:44:54,880
Speaker 2: That's insane, Yeah, I mean, then think about the power

725
00:44:54,880 --> 00:44:59,080
Speaker 2: and influence of what the federal fronds rate is, the

726
00:44:59,080 --> 00:45:01,120
Speaker 2: interest rate of the United State. It is right that

727
00:45:01,320 --> 00:45:04,320
Speaker 2: that influences the entire planet. And that's planned in a

728
00:45:04,400 --> 00:45:06,480
Speaker 2: secret meeting that no one knows about with a few

729
00:45:06,480 --> 00:45:07,040
Speaker 2: people in it.

730
00:45:07,920 --> 00:45:13,440
Speaker 1: That's right, that's crazy, yeah, And why why has the

731
00:45:13,440 --> 00:45:18,760
Speaker 1: Federal Reserve never been audited? So these are the things

732
00:45:18,800 --> 00:45:21,960
Speaker 1: that provoked This is the This is the stuff that

733
00:45:22,120 --> 00:45:25,640
Speaker 1: provokes a person who has the capability to know how,

734
00:45:25,760 --> 00:45:29,719
Speaker 1: knowledge and desire to begin to launch another party. It's

735
00:45:29,760 --> 00:45:33,160
Speaker 1: not new. It's been done multiple times before, the last

736
00:45:33,360 --> 00:45:37,080
Speaker 1: billionaire Ross Parrot, we saw Teddy Roosevelt, we go all

737
00:45:37,120 --> 00:45:39,880
Speaker 1: the way back. But what I'm trying to say is

738
00:45:39,920 --> 00:45:45,400
Speaker 1: that the American political system is ready for a little

739
00:45:45,400 --> 00:45:48,319
Speaker 1: bit of a shakeup, right to test the resolve of

740
00:45:48,360 --> 00:45:51,919
Speaker 1: the two main party system. Right, And I think that's

741
00:45:51,960 --> 00:45:55,279
Speaker 1: a good thing. Do I think it's going to be successful?

742
00:45:56,239 --> 00:45:58,160
Speaker 1: You know, I'm not going to hold my breath. Is

743
00:45:58,200 --> 00:46:02,080
Speaker 1: it possible for it to be successful? Well, anything's possible

744
00:46:02,200 --> 00:46:11,080
Speaker 1: in the American spirit, anything including revolutions, civil wars, world wars, protests,

745
00:46:11,960 --> 00:46:15,520
Speaker 1: you name it. Anything is possible when the American public

746
00:46:15,840 --> 00:46:21,800
Speaker 1: has had enough. So, you know, if if you really

747
00:46:21,840 --> 00:46:25,480
Speaker 1: want to get involved, like if you really believe that

748
00:46:25,960 --> 00:46:30,600
Speaker 1: enough is enough, what many political scientists believe is is

749
00:46:30,800 --> 00:46:35,200
Speaker 1: get involved in the system that exists. Right, Go volunteer

750
00:46:35,320 --> 00:46:39,320
Speaker 1: on a municipal level, get involved, Go run for city council,

751
00:46:39,440 --> 00:46:43,840
Speaker 1: run for city mayor do state elections. We'll go and

752
00:46:43,880 --> 00:46:46,719
Speaker 1: involved in political Get involved in the R and C

753
00:46:46,880 --> 00:46:52,239
Speaker 1: of the DNC in your state. Right, become an electoral person, right,

754
00:46:52,320 --> 00:46:54,960
Speaker 1: get it, get involved and and try and make the

755
00:46:55,120 --> 00:47:01,640
Speaker 1: changes internally because because of the duves A right, the

756
00:47:01,800 --> 00:47:06,560
Speaker 1: duives A law. This is the system that it appears

757
00:47:06,560 --> 00:47:09,360
Speaker 1: that we're stuck with. But with a guy like Elon

758
00:47:09,480 --> 00:47:13,200
Speaker 1: Musk behind it, who knows. But again, the politics is

759
00:47:13,239 --> 00:47:17,040
Speaker 1: in your hands again to reinforce. Nothing in the Constitution

760
00:47:17,239 --> 00:47:20,719
Speaker 1: prevents a third party, and the states really have the

761
00:47:20,840 --> 00:47:25,120
Speaker 1: overall ability to make huge changes in our political system.

762
00:47:25,200 --> 00:47:28,319
Speaker 1: So get off your butt, get involved, and get out there.

763
00:47:29,280 --> 00:47:32,560
Speaker 1: All right, Uh, you know, thank you so much. Yeah

764
00:47:32,600 --> 00:47:34,319
Speaker 1: that was pretty good. Huh, that was already good.

765
00:47:34,760 --> 00:47:36,640
Speaker 2: You know, you know, you at least you moved me

766
00:47:36,680 --> 00:47:39,120
Speaker 2: a little bit because you had to. You kind of

767
00:47:39,120 --> 00:47:41,280
Speaker 2: called my bluff a little bit. And I at least

768
00:47:41,320 --> 00:47:43,920
Speaker 2: have to ask, okay, why not even if I'm a

769
00:47:43,960 --> 00:47:47,400
Speaker 2: little concerned or you know, not super hopeful about a

770
00:47:47,440 --> 00:47:51,000
Speaker 2: third party, I I can't. I can't allow myself if

771
00:47:51,040 --> 00:47:53,719
Speaker 2: I'm an American, who which is a country that was

772
00:47:53,880 --> 00:47:56,799
Speaker 2: started in a way that's way less likely than having

773
00:47:56,800 --> 00:48:00,239
Speaker 2: a third party in the United States? Now that to

774
00:48:00,280 --> 00:48:02,880
Speaker 2: be successful, right, I mean, the American Revolution was the

775
00:48:02,920 --> 00:48:06,560
Speaker 2: most unlikely thing to be successful. Ever, if we can

776
00:48:06,560 --> 00:48:09,400
Speaker 2: pull that off, you can at least ask the question, well,

777
00:48:09,440 --> 00:48:11,799
Speaker 2: why couldn't there be right, So I'll at least be

778
00:48:11,880 --> 00:48:12,719
Speaker 2: open minded to it.

779
00:48:13,400 --> 00:48:16,080
Speaker 1: Yeah, I think we always have to. I think that's

780
00:48:16,120 --> 00:48:19,120
Speaker 1: our duty as an American is to ask why can't

781
00:48:19,160 --> 00:48:20,680
Speaker 1: we change the system?

782
00:48:20,880 --> 00:48:21,080
Speaker 3: Right?

783
00:48:21,400 --> 00:48:23,960
Speaker 1: It's part of it's I think that's imbued with who

784
00:48:24,000 --> 00:48:26,040
Speaker 1: are It is so funny, man. When I was up

785
00:48:26,040 --> 00:48:29,239
Speaker 1: in New York, I took my children to the Metropolitan

786
00:48:29,280 --> 00:48:31,359
Speaker 1: Museum of Art. It's one of my favorite places on

787
00:48:31,440 --> 00:48:34,880
Speaker 1: the planet, absolutely love. And I went into Old American

788
00:48:35,000 --> 00:48:37,680
Speaker 1: Art and I and you know, it's going through all

789
00:48:37,719 --> 00:48:39,840
Speaker 1: the different hallways and I'm looking and I turn and

790
00:48:39,880 --> 00:48:42,680
Speaker 1: I see it and we walk out and there it is.

791
00:48:42,760 --> 00:48:47,879
Speaker 1: There's the giant painting of Washington crossing the Delaware. Right yeah.

792
00:48:47,880 --> 00:48:50,680
Speaker 1: And I'm sorry, I'm blank on the on the the

793
00:48:51,200 --> 00:48:55,160
Speaker 1: artist right now, but you know, I say, I go, kids,

794
00:48:55,200 --> 00:48:58,799
Speaker 1: come here, right here. This is the representation of who

795
00:48:58,880 --> 00:49:02,000
Speaker 1: you are. Right here. It's a bunch of farmers with

796
00:49:02,239 --> 00:49:06,200
Speaker 1: you know, pitchforks and beat up old rifles. And know

797
00:49:06,440 --> 00:49:09,000
Speaker 1: some guys didn't have shoes. They had you know, they

798
00:49:09,000 --> 00:49:13,759
Speaker 1: wrapped their feet in burlap. And they're crossing the icy

799
00:49:13,840 --> 00:49:16,719
Speaker 1: Delaware and they go kick kick the asses of a

800
00:49:16,760 --> 00:49:20,520
Speaker 1: bunch of mercenaries, right, and that was the change of

801
00:49:20,560 --> 00:49:23,719
Speaker 1: the entire thing. Had they lost that assault, it was over.

802
00:49:23,760 --> 00:49:26,200
Speaker 1: We'd still be British maybe or something else. Who knows.

803
00:49:26,440 --> 00:49:28,920
Speaker 2: If they allow themselves to think about, hey, is it

804
00:49:29,040 --> 00:49:29,879
Speaker 2: likely that we win?

805
00:49:30,680 --> 00:49:31,120
Speaker 1: That's right.

806
00:49:31,400 --> 00:49:34,799
Speaker 3: They would never have crossed the Delaware That's right, absolutely not.

807
00:49:35,239 --> 00:49:37,760
Speaker 1: And that's the thing I'm trying to teach my children,

808
00:49:37,760 --> 00:49:39,799
Speaker 1: and that's what I want you to learn too. That's

809
00:49:39,880 --> 00:49:42,719
Speaker 1: what i want you to remember inside of you, inside

810
00:49:42,719 --> 00:49:46,480
Speaker 1: every American is a person that has the capacity to

811
00:49:46,600 --> 00:49:50,200
Speaker 1: question the system and then not only question the system,

812
00:49:50,239 --> 00:49:52,719
Speaker 1: but once you realize the system isn't what it is,

813
00:49:53,160 --> 00:49:56,120
Speaker 1: to be able to stand up and make a change

814
00:49:56,160 --> 00:49:59,200
Speaker 1: in the system. It all comes down to whether or

815
00:49:59,200 --> 00:50:02,800
Speaker 1: not you have the the determination, the focus, the effort,

816
00:50:03,239 --> 00:50:10,640
Speaker 1: the obsession, and really the patriotic gusto to make that change.

817
00:50:10,920 --> 00:50:13,600
Speaker 1: So that's what I'm hoping, Jordi, and we'll keep paying

818
00:50:13,640 --> 00:50:16,000
Speaker 1: attention to this. I think twenty twenty six is going

819
00:50:16,080 --> 00:50:18,840
Speaker 1: to be wild. It's going to be an adventure unlike

820
00:50:18,880 --> 00:50:27,160
Speaker 1: anything we've seen before. But you know, God bless America. Yeah, amen, Amen,

821
00:50:27,280 --> 00:50:30,399
Speaker 1: all right, thank you so much. We appreciate you more

822
00:50:30,400 --> 00:50:33,040
Speaker 1: than we could possibly imagine. If you're enjoying the show,

823
00:50:33,200 --> 00:50:37,160
Speaker 1: what we really could use your help, and that's by

824
00:50:37,560 --> 00:50:41,879
Speaker 1: leaving a comment, liking, subscribing. But more important, even beyond that,

825
00:50:42,080 --> 00:50:45,040
Speaker 1: if you could just share the show with somebody you love.

826
00:50:45,560 --> 00:50:47,600
Speaker 1: Share if you think you're gaining there's anything to be

827
00:50:47,680 --> 00:50:50,200
Speaker 1: gained from this, if you're learning something, if you like it,

828
00:50:50,239 --> 00:50:52,880
Speaker 1: if you like what we're doing, just share the show

829
00:50:52,920 --> 00:50:55,080
Speaker 1: with one person, send them a link, you know, go

830
00:50:55,160 --> 00:50:59,640
Speaker 1: to Spotify, Apple any other place, the iHeartMedia app and

831
00:50:59,840 --> 00:51:02,399
Speaker 1: just us. Go to that little share button and share

832
00:51:02,440 --> 00:51:05,160
Speaker 1: it to somebody who you think would benefit from any

833
00:51:05,160 --> 00:51:07,040
Speaker 1: one of the different topics that we cover.

834
00:51:07,080 --> 00:51:09,759
Speaker 2: And we're Yeah, you guys are on Instagram or x

835
00:51:09,840 --> 00:51:12,360
Speaker 2: like dming each other like funny clips or cool clips

836
00:51:12,440 --> 00:51:15,680
Speaker 2: or interesting things all the time. Like just go on Instagram.

837
00:51:15,840 --> 00:51:19,319
Speaker 2: It's at David Rutherford Show or Ax's d Rutherford Show. Yeah,

838
00:51:19,400 --> 00:51:21,000
Speaker 2: DM your friends some of our clips. There's a bunch

839
00:51:21,040 --> 00:51:22,080
Speaker 2: of them coming out all the time.

840
00:51:22,160 --> 00:51:25,520
Speaker 1: So yeah, that's it, and just peauk their interest, get

841
00:51:25,560 --> 00:51:28,239
Speaker 1: them going, uh, and that's awesome. And then if you

842
00:51:28,239 --> 00:51:34,439
Speaker 1: could give us a follow, uh, that'd be fantastic. All right, Uh,

843
00:51:34,600 --> 00:51:37,200
Speaker 1: here we go. Thank you very much, God, bless you.

844
00:51:37,280 --> 00:51:40,120
Speaker 1: I'm grateful for the God. I'm grateful to Jordy, my family,

845
00:51:40,239 --> 00:51:46,520
Speaker 1: and grateful to Christ who Yah