1 00:00:00,240 --> 00:00:02,800 Speaker 1: So there are two stories when it comes to the 2 00:00:03,000 --> 00:00:07,200 Speaker 1: Cracker Barrel fiasco. One is what you know about that 3 00:00:07,280 --> 00:00:10,160 Speaker 1: has happened over the last I don't know, ten days. 4 00:00:10,880 --> 00:00:14,520 Speaker 1: And then there's the other part of the story. I 5 00:00:14,600 --> 00:00:18,279 Speaker 1: want to tell you just how stupid the CEO of 6 00:00:18,320 --> 00:00:21,840 Speaker 1: Cracker Barrel and their team actually is. 7 00:00:22,079 --> 00:00:24,440 Speaker 2: Now, this is the story you don't know about. 8 00:00:25,200 --> 00:00:30,480 Speaker 1: There was a prominent Cracker Barrel investor that warned executives 9 00:00:30,480 --> 00:00:34,960 Speaker 1: that they were walking into quote a text book trap. 10 00:00:35,600 --> 00:00:36,080 Speaker 2: That's right. 11 00:00:36,159 --> 00:00:40,519 Speaker 1: One of Cracker Barrel's largest investors literally sent up a 12 00:00:40,560 --> 00:00:46,200 Speaker 1: red flag last fall regarding the board director's rebranding plan 13 00:00:46,560 --> 00:00:49,279 Speaker 1: for the company, but it went unheeded. 14 00:00:49,360 --> 00:00:52,000 Speaker 2: Now that was last fall. 15 00:00:52,040 --> 00:00:56,200 Speaker 1: In fact, it was a two page critique dated November thirteenth, 16 00:00:56,240 --> 00:01:01,080 Speaker 1: twenty twenty four. Start R Big Laurie, who owns about 17 00:01:01,120 --> 00:01:04,880 Speaker 1: five percent, which is a lot of the restaurant chains stock, 18 00:01:05,040 --> 00:01:09,000 Speaker 1: wrote his fellow shareholders that the Cracker Barrell transformation was 19 00:01:09,080 --> 00:01:13,800 Speaker 1: quote a mistake of misguided executives falling for quote a 20 00:01:13,920 --> 00:01:18,720 Speaker 1: textbook trap of overspending on cosmetic remodeling. 21 00:01:19,680 --> 00:01:21,120 Speaker 2: Here is his exact words. 22 00:01:21,720 --> 00:01:24,640 Speaker 1: The day Cracker Burrough opened, it was already old its 23 00:01:24,720 --> 00:01:28,840 Speaker 1: theme derived from the nineteen twenties. I am concerned that 24 00:01:28,920 --> 00:01:31,440 Speaker 1: not only will the remodel not work, but it could 25 00:01:31,520 --> 00:01:36,640 Speaker 1: actually damage the brand further. These decisions are taking us 26 00:01:36,720 --> 00:01:39,840 Speaker 1: down the same path, he said. I believe as Ruby 27 00:01:39,880 --> 00:01:44,240 Speaker 1: Tuesday's Red Lobster, TGI Fridays and the likes. Let me 28 00:01:44,280 --> 00:01:47,840 Speaker 1: make my position clear. The shareholder said the coming seven 29 00:01:47,920 --> 00:01:51,680 Speaker 1: hundred million dollar remodel plan will not work. In a 30 00:01:51,720 --> 00:01:54,880 Speaker 1: private letter to shareholders on October the twenty fourth, the 31 00:01:54,920 --> 00:02:00,000 Speaker 1: man called the board's transformation plan obvious folly. The investment 32 00:02:00,440 --> 00:02:04,720 Speaker 1: is also a major investor in Stake and Shake Friendlies 33 00:02:04,840 --> 00:02:09,640 Speaker 1: and Western Sizzelin. Shareholders ultimately sided with the Cracker Barrell CEO, 34 00:02:10,560 --> 00:02:13,400 Speaker 1: who took the position with the company last year. They 35 00:02:13,440 --> 00:02:15,880 Speaker 1: rejected the shareholder's bid to become a member of the 36 00:02:15,919 --> 00:02:20,440 Speaker 1: board and instead elected Cracker Barrell's slate of ten recommended 37 00:02:20,480 --> 00:02:24,320 Speaker 1: nominees on November the twenty first of twenty twenty four, 38 00:02:24,520 --> 00:02:29,160 Speaker 1: a bunch of yes people for a predictable, woke CEO 39 00:02:29,919 --> 00:02:32,760 Speaker 1: management tow The vote is an endorsement of the transformation 40 00:02:33,240 --> 00:02:36,280 Speaker 1: as the quote right path to return Crackerbell to growth 41 00:02:36,320 --> 00:02:40,960 Speaker 1: and meaningful value creation for all shareholders. The rollout of 42 00:02:40,960 --> 00:02:43,800 Speaker 1: Crockerbell's new logo did not go well, and that's the 43 00:02:43,880 --> 00:02:48,000 Speaker 1: story you know about. You would think that companies would 44 00:02:48,080 --> 00:02:52,160 Speaker 1: learn from the fiascos and the disasters of woke ideology. 45 00:02:52,800 --> 00:02:55,920 Speaker 1: A great example of that is what happened with bud 46 00:02:56,000 --> 00:02:59,800 Speaker 1: Light using a transgendered person aka a dude acting like 47 00:02:59,840 --> 00:03:01,400 Speaker 1: a to try to. 48 00:03:01,360 --> 00:03:04,440 Speaker 2: Promote their brand. We all know how that ended. 49 00:03:05,000 --> 00:03:08,000 Speaker 1: You would also think that CEOs in twenty twenty five 50 00:03:08,080 --> 00:03:11,520 Speaker 1: would understand that there's quite a few Americans out there 51 00:03:11,520 --> 00:03:14,720 Speaker 1: that just want brands to be normal and not push 52 00:03:14,760 --> 00:03:19,240 Speaker 1: in agenda, or if they have a core audience, don't 53 00:03:19,240 --> 00:03:22,840 Speaker 1: be ashamed of them and who they actually are. Well, 54 00:03:23,000 --> 00:03:26,400 Speaker 1: you would think that CEOs of companies would understand that 55 00:03:26,880 --> 00:03:31,839 Speaker 1: insert cracker barrel aiming to quote modernize. Under the new 56 00:03:31,960 --> 00:03:35,760 Speaker 1: CEO appointed in twenty twenty three, they decided it was 57 00:03:35,760 --> 00:03:38,560 Speaker 1: a good idea to trash an entire brand, but not 58 00:03:38,680 --> 00:03:43,200 Speaker 1: just the brand, actually trash the customers that had propped 59 00:03:43,240 --> 00:03:47,880 Speaker 1: up that brand for decades. They unveiled what they described 60 00:03:47,920 --> 00:03:51,920 Speaker 1: as a minimalist text only logo and updated the restaurant 61 00:03:51,920 --> 00:03:56,800 Speaker 1: de core, dropping the iconic image of Uncle herschel the 62 00:03:56,880 --> 00:04:01,240 Speaker 1: overalls clad man leaning on a barrel, and removing the 63 00:04:01,440 --> 00:04:06,320 Speaker 1: quote old country store from all of their branding. Yes, 64 00:04:06,560 --> 00:04:08,840 Speaker 1: it was a slap in the face or a middle finger, 65 00:04:08,920 --> 00:04:12,120 Speaker 1: however you want to describe it to the customers that 66 00:04:12,240 --> 00:04:17,320 Speaker 1: love Cracker Barrel Oil. Customers and branding critics then slammed 67 00:04:17,400 --> 00:04:21,120 Speaker 1: the changes, accusing the chain of abandoning not only its 68 00:04:21,200 --> 00:04:28,600 Speaker 1: nostalgic but also its Southern Country identity. The company's stock 69 00:04:29,160 --> 00:04:32,680 Speaker 1: tumbled by more than ten percent, in fact, to seventeen 70 00:04:32,720 --> 00:04:35,800 Speaker 1: percent if you look at the latest reports, and the 71 00:04:35,839 --> 00:04:39,400 Speaker 1: brand lost as much as one hundred million dollars in 72 00:04:39,440 --> 00:04:44,719 Speaker 1: its valuation. But apparently that wasn't enough for Cracker Barrel leaders. 73 00:04:45,080 --> 00:04:48,880 Speaker 1: They stuck to their plan day after day as it 74 00:04:48,960 --> 00:04:52,359 Speaker 1: continued to get out of control, and then when they 75 00:04:52,440 --> 00:04:54,400 Speaker 1: knew they had a real problem, they went on Good 76 00:04:54,480 --> 00:04:59,080 Speaker 1: Morning America. The Cracker Barrel CEO on the restaurant renovations 77 00:04:59,080 --> 00:05:02,880 Speaker 1: that had made everyone start talking about the brand. Here's 78 00:05:02,960 --> 00:05:06,240 Speaker 1: what she had to say when was asked about, Hey, 79 00:05:06,400 --> 00:05:08,239 Speaker 1: did you guys maybe make a mistake? 80 00:05:08,600 --> 00:05:10,080 Speaker 3: And I got to asked this question, I believe I'd 81 00:05:10,080 --> 00:05:14,320 Speaker 3: probably know to answer. What if all the customers are 82 00:05:14,440 --> 00:05:17,120 Speaker 3: coming at you hard enough about the look at a restaurant, 83 00:05:17,160 --> 00:05:18,560 Speaker 3: and they want to go back to the old way. 84 00:05:18,920 --> 00:05:19,600 Speaker 2: Would you do it? 85 00:05:20,160 --> 00:05:23,599 Speaker 4: Honestly, the feedback's been overwhelmingly positive that people like what 86 00:05:23,640 --> 00:05:26,400 Speaker 4: we're doing. I'll give you another SoundBite. I actually happened 87 00:05:26,440 --> 00:05:28,560 Speaker 4: to be in Orlando last week with all of our managers. 88 00:05:28,560 --> 00:05:32,320 Speaker 4: We bring them together and once every other year, and 89 00:05:32,400 --> 00:05:34,520 Speaker 4: the number one question that I got asked Michael was 90 00:05:34,880 --> 00:05:36,480 Speaker 4: how can I get a remodel? When can I get 91 00:05:36,520 --> 00:05:38,520 Speaker 4: a remodel? How do I get on the list? Really so, 92 00:05:38,720 --> 00:05:41,480 Speaker 4: because the feedback and the buzz is so good, not 93 00:05:41,520 --> 00:05:44,000 Speaker 4: only from our customers but from our team members. They 94 00:05:44,040 --> 00:05:47,680 Speaker 4: want to work in a wonderful restaurant. So we're doing 95 00:05:47,680 --> 00:05:49,159 Speaker 4: everything for our guests and our team members. 96 00:05:49,360 --> 00:05:51,839 Speaker 3: When Julia Messino, it's wonderful to have you here, pleasure 97 00:05:51,880 --> 00:05:54,000 Speaker 3: to thank you. I answer those questions for all the 98 00:05:54,040 --> 00:05:57,240 Speaker 3: Crack and Berry fans out there. There's a lot of great. 99 00:05:57,080 --> 00:05:59,839 Speaker 2: Changes, Thank you so much, a lot of great changes. 100 00:06:00,080 --> 00:06:02,479 Speaker 1: How Good Morning America put it well? That didn't go 101 00:06:02,560 --> 00:06:06,640 Speaker 1: over well. Fast forward to Monday and finally Cracker Barrel 102 00:06:06,680 --> 00:06:10,400 Speaker 1: admitted defeat and their woke CEO. Realizing she had a 103 00:06:10,680 --> 00:06:14,400 Speaker 1: very big problem on her hands, Cracker Barrell acknowledged that 104 00:06:14,480 --> 00:06:17,320 Speaker 1: it quote could have done a better job of sharing 105 00:06:17,800 --> 00:06:21,560 Speaker 1: who we are and who will always be, Attempting to 106 00:06:21,640 --> 00:06:24,840 Speaker 1: calm the furious customer base that had abandoned the store, 107 00:06:25,480 --> 00:06:30,520 Speaker 1: Their public communications team emphasized that quote beloved elements like 108 00:06:30,720 --> 00:06:35,000 Speaker 1: Uncle Herschel rocking chairs out front, the classic decor would 109 00:06:35,080 --> 00:06:38,800 Speaker 1: in fact remain in the stores. And then there's the 110 00:06:38,839 --> 00:06:43,600 Speaker 1: politics of this. Donald Trump wide in strongly saying quote 111 00:06:44,040 --> 00:06:46,920 Speaker 1: Crackerbrell should go back to the old logo and made 112 00:06:46,920 --> 00:06:50,200 Speaker 1: a mistake and manage the company better than ever before. 113 00:06:51,120 --> 00:06:55,480 Speaker 1: Hours later, the White House, via the pres Secretary Caroline Levitt, 114 00:06:55,800 --> 00:07:01,600 Speaker 1: praise Crackerbrell's decision to revert, say that Trump has unmatched 115 00:07:01,640 --> 00:07:05,600 Speaker 1: business instincts and that the brand made a great decision 116 00:07:05,800 --> 00:07:08,320 Speaker 1: to trust the President of the United States of America. 117 00:07:09,040 --> 00:07:13,640 Speaker 1: By Tuesday evening, Cracker Barrel had changed her tune even more. 118 00:07:14,200 --> 00:07:15,040 Speaker 2: They announced it. 119 00:07:14,960 --> 00:07:19,040 Speaker 1: Would scrap the new logo entirely and revert to the 120 00:07:19,080 --> 00:07:23,120 Speaker 1: original old Timer design with Uncle Herschel and the old 121 00:07:23,240 --> 00:07:27,080 Speaker 1: Country store naming back. The company described the change as 122 00:07:27,160 --> 00:07:34,040 Speaker 1: listening quote to its customers and reaffirming the importance of tradition, hospitality, 123 00:07:34,560 --> 00:07:39,160 Speaker 1: and comfort. Now, Donald Trump's vocal criticism and the public 124 00:07:39,440 --> 00:07:44,840 Speaker 1: urging made a massive difference and aligned with widespread customer 125 00:07:44,880 --> 00:07:48,720 Speaker 1: outrage as well as the financial losses. And then Cracker 126 00:07:48,720 --> 00:07:51,960 Speaker 1: Barrel had to fully admit that the rebrand was a mistake. 127 00:07:52,600 --> 00:07:54,880 Speaker 1: Not only was it a mistake because they were ashamed 128 00:07:54,920 --> 00:07:59,120 Speaker 1: of apparently their image, they were ashamed of their customer base. 129 00:07:59,520 --> 00:08:03,000 Speaker 1: They wanted to be new, trendy and woke. Well, now, 130 00:08:03,080 --> 00:08:05,720 Speaker 1: Cracker Barrel said, after losing one hundred million in their 131 00:08:06,040 --> 00:08:09,480 Speaker 1: market cap, Okay, I guess we're just gonna go back 132 00:08:09,520 --> 00:08:13,560 Speaker 1: to how things were before. Remember, nothing was actually broken. 133 00:08:13,960 --> 00:08:16,480 Speaker 1: And this is the bigger question that so many people 134 00:08:16,560 --> 00:08:21,960 Speaker 1: should be asking, especially in the advertising, marketing and the 135 00:08:22,200 --> 00:08:26,920 Speaker 1: business brand world. Why on earth would you try to 136 00:08:26,960 --> 00:08:30,600 Speaker 1: take an iconic brand like Cracker Barrel and change into 137 00:08:30,640 --> 00:08:34,760 Speaker 1: something clearly that doesn't align with your customers. It's an 138 00:08:34,800 --> 00:08:37,920 Speaker 1: amazing brand, it's a business that people love going into. 139 00:08:38,160 --> 00:08:41,480 Speaker 1: The food is actually incredible, and the President United States 140 00:08:41,520 --> 00:08:45,120 Speaker 1: of America calling them out was a brilliant move. By 141 00:08:45,160 --> 00:08:47,480 Speaker 1: the way, he was also protecting so many of the 142 00:08:47,520 --> 00:08:51,920 Speaker 1: people that work there and people that invested in the business. 143 00:08:52,520 --> 00:08:52,760 Speaker 2: Job. 144 00:08:52,800 --> 00:08:55,200 Speaker 1: Well done to the President the United States of America 145 00:08:55,280 --> 00:08:58,600 Speaker 1: for doing this. It'll be very interesting to see how 146 00:08:58,640 --> 00:09:01,640 Speaker 1: long the leadership at Cracker Barrel will still be employed 147 00:09:01,840 --> 00:09:05,520 Speaker 1: after this nightmare and disaster. 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So let's faithfully steward what God has 183 00:11:13,320 --> 00:11:17,000 Speaker 1: given so you can experience real peace now and for 184 00:11:17,160 --> 00:11:18,240 Speaker 1: generations to come. 185 00:11:18,679 --> 00:11:21,200 Speaker 2: KEPM dot com slash ben. 186 00:11:22,360 --> 00:11:25,680 Speaker 1: I want to get you some really important information and 187 00:11:25,800 --> 00:11:31,280 Speaker 1: this actually happened quietly on August seventh, the President signed 188 00:11:31,280 --> 00:11:34,200 Speaker 1: an executive order and it opened the door in a 189 00:11:34,200 --> 00:11:37,920 Speaker 1: way that we've never seen before to alternative assets in 190 00:11:38,080 --> 00:11:41,920 Speaker 1: four oh one case. And what this means is is 191 00:11:41,960 --> 00:11:44,600 Speaker 1: going to have a huge impact when it comes to 192 00:11:44,760 --> 00:11:49,240 Speaker 1: gold and silver crypto as well. And this was something 193 00:11:49,240 --> 00:11:51,600 Speaker 1: that the President put out he was very proud of. 194 00:11:51,679 --> 00:11:53,880 Speaker 1: He said, quote by the authority invested in me as 195 00:11:53,960 --> 00:11:56,760 Speaker 1: President by the Constitution, in the Laws of the United 196 00:11:56,800 --> 00:11:59,840 Speaker 1: States of America. It is hereby ordered, he said, Section 197 00:11:59,920 --> 00:12:03,920 Speaker 1: one purpose. Many wealthy Americans and government workers who participate 198 00:12:03,960 --> 00:12:07,080 Speaker 1: in public pension plans can invest in or are the 199 00:12:07,120 --> 00:12:11,920 Speaker 1: beneficiaries of investments in a number of alternative assets. Yet, 200 00:12:12,040 --> 00:12:16,400 Speaker 1: while more than ninety million Americans participate in employer sponsor 201 00:12:16,480 --> 00:12:20,280 Speaker 1: defined contribution plans, the vast majority of these investors you 202 00:12:20,320 --> 00:12:23,920 Speaker 1: don't have the opportunity to participate either directly or through 203 00:12:23,960 --> 00:12:28,360 Speaker 1: their retirement plans. And then potential growth and diversification opportunities 204 00:12:28,400 --> 00:12:33,160 Speaker 1: associated with alternative asset investments. So what does this actually 205 00:12:33,280 --> 00:12:36,559 Speaker 1: mean for you and how big could this be for Americans? 206 00:12:36,960 --> 00:12:39,880 Speaker 2: Join me out to talk about that. It's Kurt Elliott. 207 00:12:39,920 --> 00:12:43,480 Speaker 1: He is the man in charge at Kurt Elliott Precious Metals. 208 00:12:43,520 --> 00:12:45,720 Speaker 1: You can find them online and all of this data 209 00:12:45,760 --> 00:12:50,120 Speaker 1: will be there at ke PM dot com. That's k 210 00:12:50,480 --> 00:12:54,840 Speaker 1: e PM dot com, Kurt. This was a big move 211 00:12:54,920 --> 00:12:56,800 Speaker 1: by the President United States of America. There was a 212 00:12:56,840 --> 00:12:59,520 Speaker 1: lot of people that didn't like this because it allowed 213 00:12:59,559 --> 00:13:02,480 Speaker 1: for these alternative investments which others have been able to 214 00:13:02,559 --> 00:13:05,520 Speaker 1: capitalize on, and he's saying he wants to make sure 215 00:13:05,559 --> 00:13:07,520 Speaker 1: that Americans can have that in their four to one K. 216 00:13:07,679 --> 00:13:11,959 Speaker 5: This is huge, It's absolutely massive then, and of course 217 00:13:12,240 --> 00:13:14,520 Speaker 5: there's going to be some institutions don't like it, the 218 00:13:15,160 --> 00:13:17,960 Speaker 5: JP Morgan's of the world, the Bank of Americas of 219 00:13:17,960 --> 00:13:21,520 Speaker 5: the world, who deal with these paper assets, right, stocks, bonds, 220 00:13:21,600 --> 00:13:25,880 Speaker 5: mutual funds. But what this does is Trump is doing 221 00:13:25,920 --> 00:13:29,600 Speaker 5: something that's so great for Americans, and he's kind of 222 00:13:29,640 --> 00:13:33,760 Speaker 5: restoring financial freedom, giving people the freedom of choice in 223 00:13:33,800 --> 00:13:37,320 Speaker 5: their finances, right. And so this executive order. I've been 224 00:13:37,320 --> 00:13:39,640 Speaker 5: doing this for a long time since the early two thousands, 225 00:13:39,640 --> 00:13:44,640 Speaker 5: like decades, and I this might be the biggest news ever. 226 00:13:44,840 --> 00:13:48,480 Speaker 5: Why because the four to one K markets over twelve 227 00:13:48,840 --> 00:13:52,680 Speaker 5: trillion dollars of assets that have already been invested. It's 228 00:13:52,679 --> 00:13:54,480 Speaker 5: not like people have to come up with the funds. 229 00:13:54,559 --> 00:13:57,120 Speaker 5: It's already there. So what are they going to do 230 00:13:57,600 --> 00:14:00,160 Speaker 5: when when you're an investor like you or me, or 231 00:14:00,200 --> 00:14:03,760 Speaker 5: any of the listeners on this show is thinking, WHOA, 232 00:14:04,640 --> 00:14:07,880 Speaker 5: I've been wanting to do cryptocurrency. I've been wanting to 233 00:14:07,920 --> 00:14:09,680 Speaker 5: do gold in silver, but all my assets are in 234 00:14:09,679 --> 00:14:13,319 Speaker 5: my four owe K. I couldn't do it right. So now, 235 00:14:14,240 --> 00:14:20,320 Speaker 5: in this executive order, in Part Section three, Part C, 236 00:14:21,320 --> 00:14:24,560 Speaker 5: within one hundred and eighty days of this order, this 237 00:14:24,720 --> 00:14:27,440 Speaker 5: is going to become effective. That's the first week in February. 238 00:14:27,520 --> 00:14:31,400 Speaker 5: So what's going to become effective? Well, let's read Section three. 239 00:14:32,400 --> 00:14:36,680 Speaker 5: Private market investments, including direct and indirect investments in equity, debt, 240 00:14:36,760 --> 00:14:40,920 Speaker 5: or other financial instruments not traded on public exchanges. That's 241 00:14:41,000 --> 00:14:44,720 Speaker 5: OTC markets over the counter like penny stocks. 242 00:14:44,800 --> 00:14:45,320 Speaker 2: Right. 243 00:14:45,680 --> 00:14:49,520 Speaker 5: How about direct and indirect investments in real estate? Wow, 244 00:14:49,720 --> 00:14:53,000 Speaker 5: real estate. I can actually own commercial real estate investment 245 00:14:53,040 --> 00:14:57,040 Speaker 5: property in my fore o K yep. How about actively 246 00:14:57,080 --> 00:15:02,280 Speaker 5: managed investment vehicles in digital assets that's cryptocurrency. Part four 247 00:15:02,640 --> 00:15:07,200 Speaker 5: Directing indirected investments in commodities, Well, gold and silver is 248 00:15:07,240 --> 00:15:10,800 Speaker 5: a commodity. What Trump is saying, and here's the cool thing, 249 00:15:11,440 --> 00:15:13,920 Speaker 5: what's an indirect investment in the commodity that would be 250 00:15:14,000 --> 00:15:17,880 Speaker 5: like a gold or silver etf it's already available, but 251 00:15:18,080 --> 00:15:21,880 Speaker 5: direct would be actual physical ownership. Is the way that 252 00:15:21,920 --> 00:15:25,840 Speaker 5: I read this. So what Trump just did is he said, Hey, 253 00:15:26,280 --> 00:15:30,120 Speaker 5: I want Americans to have a choice in their financial future. 254 00:15:30,160 --> 00:15:33,400 Speaker 5: This is amazing and we needed a strong president, a 255 00:15:33,440 --> 00:15:36,840 Speaker 5: strong leader to actually make this happen. So when you 256 00:15:36,880 --> 00:15:39,680 Speaker 5: look at this, what are the consequences and what are 257 00:15:39,720 --> 00:15:43,800 Speaker 5: the benefits. Well, the benefits are alternative assets because increased 258 00:15:43,840 --> 00:15:48,160 Speaker 5: demand should go through the roof, right, because it's like, wow, 259 00:15:48,560 --> 00:15:51,680 Speaker 5: we've got people that have captive assets where they had 260 00:15:51,840 --> 00:15:55,080 Speaker 5: very little choice, maybe ten twenty mutual funds that they 261 00:15:55,080 --> 00:15:58,040 Speaker 5: could pick in their four one K that was it. Well, 262 00:15:58,080 --> 00:16:00,160 Speaker 5: now they're going to be able to do this. Are 263 00:16:00,200 --> 00:16:02,920 Speaker 5: going to say, I don't have any assets available except 264 00:16:02,920 --> 00:16:05,000 Speaker 5: for the stuff of my phone k. I am going 265 00:16:05,080 --> 00:16:09,560 Speaker 5: to sell my current stocks, bonds, mutual funds and reallocate, 266 00:16:09,680 --> 00:16:14,120 Speaker 5: reposition myself into these alternative assets that I couldn't do before. 267 00:16:14,720 --> 00:16:18,440 Speaker 5: So I think that's going to put massive selling pressure 268 00:16:18,520 --> 00:16:20,840 Speaker 5: on the stock market bend and you're going to see 269 00:16:20,840 --> 00:16:24,520 Speaker 5: prices come down, but as as the flip side of 270 00:16:24,560 --> 00:16:27,680 Speaker 5: that coin, you're going to see alternative investments like gold, silver, 271 00:16:27,760 --> 00:16:31,760 Speaker 5: cryptocurrency go up and go up a lot because they 272 00:16:31,800 --> 00:16:34,480 Speaker 5: already have limited supply. When you have low supply and 273 00:16:34,560 --> 00:16:37,080 Speaker 5: high demand, prices go up and they're poised to go 274 00:16:37,280 --> 00:16:38,480 Speaker 5: up a lot. 275 00:16:38,760 --> 00:16:41,040 Speaker 2: I mean, this is inviting, insiting. 276 00:16:41,080 --> 00:16:41,120 Speaker 5: This. 277 00:16:41,640 --> 00:16:44,440 Speaker 1: Financial Times has an article right now about this, talking 278 00:16:44,440 --> 00:16:47,640 Speaker 1: about how this executive order not only opens or to 279 00:16:47,640 --> 00:16:50,560 Speaker 1: a ton of assets and four one k they said, 280 00:16:50,600 --> 00:16:52,680 Speaker 1: here are the key considerations that. 281 00:16:52,680 --> 00:16:53,960 Speaker 2: You should be looking at. 282 00:16:54,280 --> 00:16:57,200 Speaker 1: Number one on their list is gold and silver, and 283 00:16:57,240 --> 00:16:59,720 Speaker 1: then they go into crypto as well, and they're saying 284 00:16:59,720 --> 00:17:03,240 Speaker 1: that this is going to allow the average American who 285 00:17:03,280 --> 00:17:06,760 Speaker 1: has been left behind to go direct and indirect investments 286 00:17:06,800 --> 00:17:10,119 Speaker 1: and commodities that will allow them to gain real wealth 287 00:17:10,480 --> 00:17:13,120 Speaker 1: over the long term. And they said this also allows 288 00:17:13,160 --> 00:17:16,720 Speaker 1: for the financing quote infrastructure that needed to be developed 289 00:17:16,720 --> 00:17:19,720 Speaker 1: for the little guy. That's how they described it, saying, 290 00:17:20,119 --> 00:17:22,640 Speaker 1: now it's a fair playing field. That's why the President 291 00:17:22,720 --> 00:17:25,280 Speaker 1: did this, and this is something that's going to happen, 292 00:17:25,320 --> 00:17:28,639 Speaker 1: by the way, in one hundred and eighty days. Dating 293 00:17:28,680 --> 00:17:31,760 Speaker 1: it back to August the seventh, So there is time 294 00:17:31,800 --> 00:17:34,120 Speaker 1: to plan for this for Americans as well take advantage 295 00:17:34,160 --> 00:17:34,359 Speaker 1: of it. 296 00:17:35,400 --> 00:17:39,239 Speaker 5: Well, absolutely, And this is where you can profit and 297 00:17:39,280 --> 00:17:41,920 Speaker 5: you can benefit from things when you're ahead of the game. 298 00:17:42,240 --> 00:17:45,640 Speaker 5: I would rather be six months early than one day late, right, 299 00:17:45,680 --> 00:17:50,400 Speaker 5: And so when Financial Times said it amazingly, well, it's 300 00:17:50,440 --> 00:17:53,200 Speaker 5: like this is for the little guy. Well wait a second, 301 00:17:53,280 --> 00:17:55,239 Speaker 5: I thought TOMP was only for the big guys and 302 00:17:55,280 --> 00:17:59,400 Speaker 5: only for corporate America. It's like, Hm, the actions so differently, 303 00:17:59,520 --> 00:18:02,479 Speaker 5: don't they. And so this is just so exciting that 304 00:18:02,560 --> 00:18:07,920 Speaker 5: we can finally participate in the alternative investments that big 305 00:18:07,960 --> 00:18:12,240 Speaker 5: hedge funds, that big international center, you know, monetary banks 306 00:18:12,320 --> 00:18:14,760 Speaker 5: globally like the Banks of America and the JP, Morton 307 00:18:14,840 --> 00:18:18,840 Speaker 5: Chase and the HSBC all do these kinds of things already. 308 00:18:19,080 --> 00:18:21,960 Speaker 5: Now we can participate in that in our four to 309 00:18:21,960 --> 00:18:23,960 Speaker 5: one case. So if you have four one ks. 310 00:18:23,960 --> 00:18:25,840 Speaker 1: Let me ask you a real life question on this. 311 00:18:25,960 --> 00:18:29,360 Speaker 1: So the other day, literally I bought one hundred ounces 312 00:18:30,160 --> 00:18:33,359 Speaker 1: a fine silver. It's it's just a brick. It's simple, 313 00:18:33,440 --> 00:18:36,480 Speaker 1: it's basic. It's what you guys actually do. Can I 314 00:18:36,720 --> 00:18:39,800 Speaker 1: now do that moving forward? But have it in my 315 00:18:39,920 --> 00:18:42,800 Speaker 1: four to one K explain that the application of this 316 00:18:42,880 --> 00:18:44,120 Speaker 1: in layman's terms. 317 00:18:44,440 --> 00:18:49,840 Speaker 5: Yeah, so the answer is yes, So bullion, like what 318 00:18:49,880 --> 00:18:52,200 Speaker 5: you're talking about, the one hundred ounces bars is solver, 319 00:18:52,280 --> 00:18:55,000 Speaker 5: the ten ounces bars of silver, the generic refinery rounds, 320 00:18:55,520 --> 00:18:59,439 Speaker 5: those have already been accessible in I RaSE. You do 321 00:18:59,480 --> 00:19:01,240 Speaker 5: that in irs, if you have an IRA, you could 322 00:19:01,240 --> 00:19:03,720 Speaker 5: already do that, but it was never available in four 323 00:19:03,840 --> 00:19:07,000 Speaker 5: one ks before until now, until this executive order. 324 00:19:07,440 --> 00:19:10,280 Speaker 1: So I can basically say I want to buy this, 325 00:19:10,480 --> 00:19:12,000 Speaker 1: but I want it to be in part of my 326 00:19:12,080 --> 00:19:14,320 Speaker 1: portfolio of my four to one K that I'm going 327 00:19:14,400 --> 00:19:16,600 Speaker 1: to do every single year, right, because I do it 328 00:19:16,640 --> 00:19:18,840 Speaker 1: for the tax and benefits. And I can set it 329 00:19:18,920 --> 00:19:20,560 Speaker 1: up now and just say I want part of this 330 00:19:20,560 --> 00:19:22,200 Speaker 1: to be in silver or gold. 331 00:19:23,160 --> 00:19:27,600 Speaker 5: Yeah. So not exactly today, but in February when this 332 00:19:27,680 --> 00:19:30,439 Speaker 5: becomes effective. It's going to take a while for some 333 00:19:30,480 --> 00:19:33,560 Speaker 5: of these four to one K administrators to actually build 334 00:19:33,600 --> 00:19:36,560 Speaker 5: this into their systems, right, But what can we do 335 00:19:36,640 --> 00:19:39,800 Speaker 5: in the meantime, So come February, there's going to be 336 00:19:39,920 --> 00:19:43,919 Speaker 5: a ton of demand for metals which are already running out. 337 00:19:44,040 --> 00:19:47,920 Speaker 5: You know LBMA just came out, which is the London depository. 338 00:19:47,960 --> 00:19:51,520 Speaker 5: It's where it's the depository that holds metals, gold and 339 00:19:51,520 --> 00:19:54,600 Speaker 5: silver for central banks and big institutions all over the world. 340 00:19:55,080 --> 00:19:57,639 Speaker 5: They basically run out of silver. They just made then 341 00:19:57,680 --> 00:19:59,679 Speaker 5: constense like, well, we don't have enough to cover physical 342 00:19:59,720 --> 00:20:06,200 Speaker 5: deliver Comax, which is the depository for North America. They're 343 00:20:06,280 --> 00:20:10,600 Speaker 5: running so low. This this is wild then, so they 344 00:20:10,640 --> 00:20:14,800 Speaker 5: have well over three hundred ounces of silver in futures 345 00:20:14,800 --> 00:20:18,359 Speaker 5: contracts paper for every one ounce of physical silver. So 346 00:20:18,600 --> 00:20:21,080 Speaker 5: it's like, how could you do that? What if somebody 347 00:20:21,119 --> 00:20:25,000 Speaker 5: says you're Samsung, you're Sony, your Lgae, you're Boeing or 348 00:20:25,080 --> 00:20:29,240 Speaker 5: Lockheed Martin, and you say I need physical silver, and 349 00:20:29,280 --> 00:20:32,560 Speaker 5: they've been hedging themselves with forward contracts to basically lock 350 00:20:32,640 --> 00:20:35,600 Speaker 5: in their prices because we need it to build missiles, torpedoes, 351 00:20:35,640 --> 00:20:42,200 Speaker 5: electric vehicles, solar power, whatever, lcdtvs and they want physical delivery. Well, 352 00:20:42,240 --> 00:20:45,600 Speaker 5: it's like, oh, they have these contracts out to a 353 00:20:45,640 --> 00:20:50,000 Speaker 5: tune of over three hundred paper contracts to one physical 354 00:20:50,200 --> 00:20:53,680 Speaker 5: silver ounce. That that doesn't equate. They're not going to 355 00:20:53,760 --> 00:20:56,960 Speaker 5: have enough supply. So we could be seeing a massive 356 00:20:57,119 --> 00:21:00,760 Speaker 5: short squeeze in front of us. And what does that 357 00:21:00,840 --> 00:21:05,480 Speaker 5: mean there's not enough physical silver, and Boeing, Lockheed, Martin, Sony, Samsung, 358 00:21:05,560 --> 00:21:08,520 Speaker 5: all these companies are going to say, hmm, I don't 359 00:21:08,560 --> 00:21:11,320 Speaker 5: care what the price of silver is. If it's not available, 360 00:21:11,359 --> 00:21:14,200 Speaker 5: we can't have a finished product. So they're going to say, well, well, 361 00:21:14,400 --> 00:21:16,639 Speaker 5: silver might be trading at forty dollars ounce. Maybe they 362 00:21:16,640 --> 00:21:20,159 Speaker 5: say we're going to offer sixty or eighty or one hundred. 363 00:21:20,560 --> 00:21:24,000 Speaker 5: They don't care what the price is. Why, because they're 364 00:21:24,000 --> 00:21:25,760 Speaker 5: not going to pay for it. They pass that on 365 00:21:25,800 --> 00:21:28,879 Speaker 5: to the consumer, right but without silver, they don't have 366 00:21:28,920 --> 00:21:29,840 Speaker 5: a finished product. 367 00:21:30,359 --> 00:21:30,919 Speaker 2: Incredible. 368 00:21:31,280 --> 00:21:32,960 Speaker 1: I want to make sure people can call and reach 369 00:21:33,000 --> 00:21:34,840 Speaker 1: out to you guys. This is what you do. It's 370 00:21:35,000 --> 00:21:37,560 Speaker 1: literally where I got my I did my investment around 371 00:21:37,600 --> 00:21:40,480 Speaker 1: the other day and have this. It's on my desk. 372 00:21:40,520 --> 00:21:43,040 Speaker 1: I'm holy right now, one hundred ounces of fine silver. 373 00:21:43,200 --> 00:21:44,560 Speaker 1: I also got a little more than that, so I 374 00:21:44,560 --> 00:21:46,520 Speaker 1: have a ten ounce and a couple of the single 375 00:21:46,560 --> 00:21:48,760 Speaker 1: ounces as well. If you want to see what they do, 376 00:21:49,240 --> 00:21:51,679 Speaker 1: Kurt Elliott does an amazing job and his team go 377 00:21:51,720 --> 00:21:56,000 Speaker 1: online to k e p M dot com. That's k 378 00:21:56,520 --> 00:21:59,200 Speaker 1: e PM dot com. 379 00:21:59,240 --> 00:21:59,600 Speaker 2: Call them. 380 00:21:59,600 --> 00:22:01,760 Speaker 1: They can talk you through all of this. But This 381 00:22:01,840 --> 00:22:04,919 Speaker 1: is significant for you. Take advantage of it. Check him 382 00:22:04,960 --> 00:22:09,280 Speaker 1: out kepm dot com. Kurt always a pleasure, Thanks for 383 00:22:09,320 --> 00:22:12,639 Speaker 1: coming on. We'll talk to you again real soon. Nearly 384 00:22:12,800 --> 00:22:16,760 Speaker 1: two dozen Republican state attorney generals have sent a letter 385 00:22:16,960 --> 00:22:20,679 Speaker 1: to the EPA chief Lee Zelden, calling on him to 386 00:22:20,760 --> 00:22:24,960 Speaker 1: cancel funding to a left wing environmental group accused of 387 00:22:25,160 --> 00:22:28,800 Speaker 1: training and lobbying judges. 388 00:22:28,560 --> 00:22:30,040 Speaker 2: On climate policy. 389 00:22:30,280 --> 00:22:35,399 Speaker 1: Fox News Digital has exclusively revealed this quote. As Attorney General, 390 00:22:35,840 --> 00:22:39,720 Speaker 1: I refuse to stand by while American tax dollars fund 391 00:22:39,800 --> 00:22:44,159 Speaker 1: radical environmental training for judges across the country. Is with 392 00:22:44,280 --> 00:22:48,280 Speaker 1: the Montana Attorney General told Fox News Digital of his 393 00:22:48,440 --> 00:22:51,760 Speaker 1: push to encourage the EPA to end its funding of 394 00:22:51,800 --> 00:22:57,520 Speaker 1: the Climate Judiciary Project. Quote, the environmental Law institutes Climate 395 00:22:57,600 --> 00:23:03,159 Speaker 1: Judiciary Project is using wote climate propaganda under the guise 396 00:23:03,320 --> 00:23:08,000 Speaker 1: of what they call neutral quote unquote education to persuade 397 00:23:08,119 --> 00:23:14,560 Speaker 1: judges and push their wildly unpopular agenda through the court system. 398 00:23:14,960 --> 00:23:18,159 Speaker 1: He went on to say, I commend President Trump's efforts 399 00:23:18,560 --> 00:23:21,080 Speaker 1: to cut waste and abuse during the first eight months 400 00:23:21,119 --> 00:23:24,800 Speaker 1: of his presidency, and I am optimistic that his administration 401 00:23:24,880 --> 00:23:29,800 Speaker 1: will do the right thing and halt all funding to Eli. 402 00:23:30,480 --> 00:23:34,680 Speaker 1: Now he's spearheaded this ag The letter that was sent 403 00:23:34,760 --> 00:23:39,800 Speaker 1: to Zelden, which included the signatures of twenty two other 404 00:23:39,880 --> 00:23:43,840 Speaker 1: Republican state attorney generals, all of them calling for the 405 00:23:43,880 --> 00:23:48,600 Speaker 1: EPA to acts their funding to the left wing environmental nonprofit. 406 00:23:48,760 --> 00:23:51,280 Speaker 1: Now they lie and they say that this thing is 407 00:23:51,359 --> 00:23:56,040 Speaker 1: like neutral, It's not. It is called the Environmental Law Institute. 408 00:23:56,640 --> 00:24:02,600 Speaker 1: They claim they oversee the neutral importance of climate law. 409 00:24:02,920 --> 00:24:07,840 Speaker 1: In reality, they oversee the Climate Judiciary Project known as 410 00:24:07,840 --> 00:24:12,560 Speaker 1: the CJP. Now, the Environmental Law Institute was founded by 411 00:24:12,600 --> 00:24:17,200 Speaker 1: the Climate Judiciary Project in twenty eighteen, which pitches itself 412 00:24:17,280 --> 00:24:21,080 Speaker 1: as a quote first of its kind effort that provides 413 00:24:21,520 --> 00:24:28,960 Speaker 1: judges nationwide with authoritative, objective, and trusted education on climate science, 414 00:24:29,520 --> 00:24:33,680 Speaker 1: the impacts of climate change, and the ways climate science 415 00:24:33,760 --> 00:24:38,240 Speaker 1: is arising into the law. The group has actually been 416 00:24:38,240 --> 00:24:42,720 Speaker 1: accused of trying to manipulate judges to make them more 417 00:24:43,000 --> 00:24:48,760 Speaker 1: understanding or advocates or exciting to left wing climate litigation. 418 00:24:49,640 --> 00:24:53,359 Speaker 1: The letters sent Tuesday called on the EPA to specifically 419 00:24:53,600 --> 00:24:57,720 Speaker 1: end any and all grants and awards that are endowed 420 00:24:57,800 --> 00:25:01,840 Speaker 1: to this group, saying this we write to bring attention 421 00:25:02,200 --> 00:25:05,920 Speaker 1: to the grants made by the EPA to the Environmental 422 00:25:06,000 --> 00:25:09,480 Speaker 1: Law Institute. The letter reads, according to its twenty twenty 423 00:25:09,520 --> 00:25:14,840 Speaker 1: four financial statements, ELI received approximately thirteen percent of its 424 00:25:14,880 --> 00:25:18,160 Speaker 1: overall revenue in twenty twenty three and eight point four 425 00:25:18,200 --> 00:25:22,639 Speaker 1: percent in twenty twenty four from EPA awards. The group 426 00:25:22,720 --> 00:25:26,520 Speaker 1: also apparently still expected to receive funds from the federal government. 427 00:25:26,880 --> 00:25:31,479 Speaker 1: Its financial statement warned that the collectibility of federal grant 428 00:25:31,680 --> 00:25:38,440 Speaker 1: funds is subject to significant uncertainty related to collaboration and 429 00:25:38,480 --> 00:25:42,639 Speaker 1: continual funding due to the federal grant funding freeze or 430 00:25:42,880 --> 00:25:47,040 Speaker 1: other federal actions quote unquote. In other words, they knew 431 00:25:47,119 --> 00:25:49,679 Speaker 1: Trump was in office, and there's a chance these funds 432 00:25:49,760 --> 00:25:52,399 Speaker 1: could go away if they found out what they were 433 00:25:52,480 --> 00:25:56,040 Speaker 1: actually doing with the money. Now, the Environmental Law Institute 434 00:25:56,160 --> 00:26:00,880 Speaker 1: actually received six hundred and thirty seven thousand chain from 435 00:26:00,880 --> 00:26:03,720 Speaker 1: the EPA in twenty twenty four, to be clear, that's 436 00:26:03,800 --> 00:26:07,960 Speaker 1: your tax dollars, and then eight hundred and sixty six 437 00:26:08,000 --> 00:26:11,920 Speaker 1: thousand in twenty twenty three from the EPA, again your 438 00:26:11,960 --> 00:26:16,399 Speaker 1: tax dollars. That according to the nonprofit tax documents that 439 00:26:16,440 --> 00:26:21,240 Speaker 1: have been published quote, the Climate Judiciary's project mission is clear. 440 00:26:22,040 --> 00:26:26,880 Speaker 1: Lobby judges in order to make climate change policy through 441 00:26:27,000 --> 00:26:30,440 Speaker 1: the court systems. The twenty three state Attorney Generals said 442 00:26:30,480 --> 00:26:33,960 Speaker 1: this clearly in the letter, saying quote an alumni magazine 443 00:26:34,000 --> 00:26:37,760 Speaker 1: profile said the quiet part out loud, writing that the 444 00:26:37,800 --> 00:26:42,320 Speaker 1: Climate Judiciary Project co founder was explaining the science of 445 00:26:42,440 --> 00:26:45,959 Speaker 1: climate change to a group of people with real power 446 00:26:46,400 --> 00:26:51,520 Speaker 1: to act on it, judges. The Climate Judiciary Projects tampering 447 00:26:51,680 --> 00:26:57,920 Speaker 1: raises serious legal and also ethical questions. The Environmental Law Institute, 448 00:26:57,960 --> 00:27:01,000 Speaker 1: in a recent comment to Fox Digital about this story, 449 00:27:01,720 --> 00:27:06,520 Speaker 1: maintains that its only purpose is educational programs, that they 450 00:27:06,560 --> 00:27:10,080 Speaker 1: are in accordance where these standards established by the National 451 00:27:10,160 --> 00:27:15,720 Speaker 1: Judicial Education Institution. Climate Judiciary Projects educational events are done 452 00:27:15,800 --> 00:27:21,399 Speaker 1: quote in partnership with leading national judicial education institutions state 453 00:27:21,480 --> 00:27:25,679 Speaker 1: judicial authorities. Also, they claim in accordance where they're accepted standards. 454 00:27:26,080 --> 00:27:29,760 Speaker 1: That's what the spokesperson said. Well, the reality is these 455 00:27:29,800 --> 00:27:33,119 Speaker 1: are radical lefties and the call for the EPA to 456 00:27:33,240 --> 00:27:37,600 Speaker 1: slash any funds to the Environmental Law Institute is long overdue. 457 00:27:38,200 --> 00:27:41,879 Speaker 1: It was clearly established and it was established for one 458 00:27:42,000 --> 00:27:45,360 Speaker 1: purpose to get in front of judges and make judges 459 00:27:45,440 --> 00:27:48,840 Speaker 1: go hard on anyone they believe is not. You know, 460 00:27:49,119 --> 00:27:52,760 Speaker 1: woke is not saying that global warming is a fact, 461 00:27:53,119 --> 00:27:56,439 Speaker 1: that is doing anything that global warming advocates or the 462 00:27:56,560 --> 00:28:00,520 Speaker 1: anarchists say is somehow evil or hurting the earth. 463 00:28:01,040 --> 00:28:03,080 Speaker 2: That's why they're lobbying these judges. 464 00:28:03,480 --> 00:28:06,560 Speaker 1: The state attorney generals quote are right to call for 465 00:28:06,600 --> 00:28:11,000 Speaker 1: the elimination of taxpayer funding for the Environmental Law Institute 466 00:28:11,040 --> 00:28:14,760 Speaker 1: and its Climate Judiciary project. That is what Jason Eiscott, 467 00:28:14,800 --> 00:28:19,040 Speaker 1: the CEO of American Energy Institute said, saying, quote, this 468 00:28:19,280 --> 00:28:23,119 Speaker 1: is a coordinated campaign by the left to advance the 469 00:28:23,200 --> 00:28:25,919 Speaker 1: Green New Deal, and this time they want to do 470 00:28:25,960 --> 00:28:30,160 Speaker 1: it through the judiciary, using so called climate litigation in 471 00:28:30,200 --> 00:28:34,400 Speaker 1: the courts. Its curriculum is clear. It was developed by 472 00:28:34,440 --> 00:28:39,400 Speaker 1: climate alarmists and their allies of the plaintiffs and delivered 473 00:28:39,400 --> 00:28:44,160 Speaker 1: two judges behind close doors. Public funds should never be 474 00:28:44,320 --> 00:28:50,640 Speaker 1: used to finance political advocacy disguised as judicial education. Now 475 00:28:50,680 --> 00:28:53,080 Speaker 1: you also look at the executive director of the Alliance 476 00:28:53,120 --> 00:28:57,480 Speaker 1: for Consumers, that's a nonprofit focus on advocating on behalf 477 00:28:57,520 --> 00:28:58,800 Speaker 1: of American consumers. 478 00:28:59,240 --> 00:29:01,200 Speaker 2: What do they say about this quote? 479 00:29:01,520 --> 00:29:04,200 Speaker 1: As we have long warned, the left has a plan 480 00:29:04,320 --> 00:29:08,720 Speaker 1: to reshape American society by using lawsuits in the courts 481 00:29:08,840 --> 00:29:13,720 Speaker 1: all across the country, especially in places like Hawaii and 482 00:29:13,960 --> 00:29:18,920 Speaker 1: other coastal enclaves. The new wave of revelations about ELI 483 00:29:19,360 --> 00:29:23,160 Speaker 1: is further concerning evidence of how committed, they say the 484 00:29:23,240 --> 00:29:28,880 Speaker 1: left is to imposing mandatory progressive lifestyle choices through the 485 00:29:29,040 --> 00:29:32,560 Speaker 1: courtroom and are maneuvering to see how big they can 486 00:29:32,640 --> 00:29:34,440 Speaker 1: do it and how big of a threat they can 487 00:29:34,480 --> 00:29:37,360 Speaker 1: actually be to every one of our way of lives, which, 488 00:29:37,440 --> 00:29:40,040 Speaker 1: by the way, is where we should just pause. And 489 00:29:40,120 --> 00:29:43,560 Speaker 1: if you think what I'm saying is maybe crazy, let's 490 00:29:43,640 --> 00:29:46,400 Speaker 1: just go back a few months ago when there was 491 00:29:46,440 --> 00:29:49,560 Speaker 1: a guy named Joe Biden who was in theory the president. 492 00:29:50,160 --> 00:29:52,840 Speaker 1: What do they try to do? Do you remember when 493 00:29:52,880 --> 00:29:56,920 Speaker 1: they started trying to ban gas stoves? Yes, that was 494 00:29:56,960 --> 00:30:00,360 Speaker 1: the left, And how do they start that idea exact 495 00:30:00,360 --> 00:30:03,440 Speaker 1: way that we're talking about this right now. They want 496 00:30:03,480 --> 00:30:06,160 Speaker 1: to take away your rights, socide. What you want to do? 497 00:30:06,480 --> 00:30:07,800 Speaker 1: They want to take away your rights? 498 00:30:07,800 --> 00:30:08,120 Speaker 2: Socide? 499 00:30:08,160 --> 00:30:11,080 Speaker 1: What type of car you can drive? They want to 500 00:30:11,120 --> 00:30:14,120 Speaker 1: make sure that you don't have the option that they 501 00:30:14,200 --> 00:30:17,440 Speaker 1: tell you what the value set is and then you 502 00:30:17,520 --> 00:30:20,040 Speaker 1: must abide by it, and if you don't they'll literally 503 00:30:20,120 --> 00:30:24,840 Speaker 1: arrest you or find you. And this Tuesday letter specifically 504 00:30:25,040 --> 00:30:30,440 Speaker 1: argued that quote, state consumer protection laws prohibit deceptive and 505 00:30:30,480 --> 00:30:35,160 Speaker 1: misleading statements to market a product. They then say, elias 506 00:30:35,240 --> 00:30:40,160 Speaker 1: representing its training as objective when reality shows that it's not. 507 00:30:40,760 --> 00:30:42,840 Speaker 1: And the state attorney general is all twenty two of 508 00:30:42,880 --> 00:30:47,280 Speaker 1: them are responsible to say, say for protecting consumers, and 509 00:30:47,320 --> 00:30:52,280 Speaker 1: we are concerned by this activist group's statements. Now here's 510 00:30:52,320 --> 00:30:54,560 Speaker 1: the big point that you need to know. The EPA 511 00:30:55,080 --> 00:30:58,440 Speaker 1: has taken a hatchet to millions and millions of dollars 512 00:30:58,480 --> 00:31:02,440 Speaker 1: doled out under the Biden Met to left wing radical 513 00:31:02,480 --> 00:31:06,080 Speaker 1: groups and other programs deemed a waste of taxpayer funds. 514 00:31:06,600 --> 00:31:10,160 Speaker 1: Lee Zelden also making it clear that he is going 515 00:31:10,200 --> 00:31:13,320 Speaker 1: to look at this problem and see what he can 516 00:31:13,360 --> 00:31:16,320 Speaker 1: do about it. The EPA under the Trump administration has 517 00:31:16,360 --> 00:31:19,880 Speaker 1: already canceled more than twenty billion grants under the Inflation 518 00:31:20,040 --> 00:31:23,840 Speaker 1: Reduction Act, which has led to ongoing court battles the 519 00:31:23,920 --> 00:31:27,520 Speaker 1: same courts right now that liberals are trying to indoctrinate. 520 00:31:28,040 --> 00:31:31,120 Speaker 1: And that's exactly why the President United States America picked 521 00:31:31,200 --> 00:31:33,959 Speaker 1: lee Zelden and why there's a very good chance what 522 00:31:34,040 --> 00:31:36,800 Speaker 1: we just talked about is going to become even more 523 00:31:36,880 --> 00:31:41,080 Speaker 1: of a reality moving forward. Don't forget Share this podcast 524 00:31:41,120 --> 00:31:42,960 Speaker 1: wherever you can with your family and your friends, and 525 00:31:43,000 --> 00:31:44,240 Speaker 1: I'll see you back here tomorrow