1 00:00:02,279 --> 00:00:05,840 Speaker 1: This is the primal scream of a dying regime. 2 00:00:07,160 --> 00:00:10,399 Speaker 2: Pray for our enemies because we're going to medieval on 3 00:00:10,480 --> 00:00:10,960 Speaker 2: these people. 4 00:00:12,160 --> 00:00:13,440 Speaker 1: There's not got a free shot. 5 00:00:13,440 --> 00:00:16,880 Speaker 2: And all these networks lying about the people, the people 6 00:00:16,920 --> 00:00:18,000 Speaker 2: have had a belly full of it. 7 00:00:18,440 --> 00:00:20,159 Speaker 1: I know you don't like hearing that. I know you 8 00:00:20,239 --> 00:00:21,520 Speaker 1: try to do everything in the world to stop that, 9 00:00:21,600 --> 00:00:23,640 Speaker 1: but you're not going to stop it. It's going to happen. 10 00:00:23,760 --> 00:00:25,959 Speaker 3: And where do people like that go to share the 11 00:00:26,000 --> 00:00:26,720 Speaker 3: big line? 12 00:00:27,240 --> 00:00:28,480 Speaker 4: Mega media? 13 00:00:28,640 --> 00:00:31,720 Speaker 5: I wish in my soul, I wish that any of 14 00:00:31,760 --> 00:00:33,320 Speaker 5: these people had a conscience. 15 00:00:34,040 --> 00:00:37,199 Speaker 1: Ask yourself, what is my task and what is my purpose? 16 00:00:37,840 --> 00:00:42,040 Speaker 5: If that answer is to save my country, this country 17 00:00:42,320 --> 00:00:44,000 Speaker 5: will be saved. 18 00:00:44,040 --> 00:00:51,440 Speaker 6: Warm use your host, Stephen k MAA. 19 00:00:52,360 --> 00:00:56,400 Speaker 2: It's Tuesday, eight April and the Overlord twenty twenty five A. 20 00:00:57,200 --> 00:00:59,640 Speaker 2: I'm gonna go back to Forrest in a moment, because 21 00:01:00,520 --> 00:01:03,440 Speaker 2: you know this situation of the Chinese Commuties Party may 22 00:01:03,480 --> 00:01:07,920 Speaker 2: crab sideways. Massive naval exercise over the past couple of 23 00:01:08,000 --> 00:01:13,520 Speaker 2: days around Taiwan with the People's Liberation Navy, I think 24 00:01:13,560 --> 00:01:15,560 Speaker 2: trying to send the signal on a message to the 25 00:01:15,600 --> 00:01:18,920 Speaker 2: Americans that don't think you can defend Taiwan with the 26 00:01:19,040 --> 00:01:22,960 Speaker 2: seventh Fleet because we're a lot closer and are bringing 27 00:01:22,959 --> 00:01:24,000 Speaker 2: a lot of firepower. 28 00:01:24,920 --> 00:01:26,080 Speaker 1: Sort and get back to for us. 29 00:01:26,080 --> 00:01:29,720 Speaker 2: On that tonight, there's a very special event and it's free, 30 00:01:30,160 --> 00:01:33,920 Speaker 2: and it's free for the world, and it's sponsored by 31 00:01:33,959 --> 00:01:36,520 Speaker 2: one of my favorite news sites and websites have got 32 00:01:36,600 --> 00:01:41,360 Speaker 2: amazing analysis on it, amazing articles they link to amazing 33 00:01:41,600 --> 00:01:45,240 Speaker 2: pieces that would be of course zero Hedge. So at 34 00:01:45,280 --> 00:01:47,319 Speaker 2: seven pm tonight, if we can put the graphic up 35 00:01:48,520 --> 00:01:50,440 Speaker 2: and there are a lot of people that worked on 36 00:01:50,480 --> 00:01:52,520 Speaker 2: this to make it happen, and I want to thank 37 00:01:52,560 --> 00:01:55,120 Speaker 2: them for reaching out to us to be part of 38 00:01:55,720 --> 00:01:58,800 Speaker 2: helping to pull it together. But tonight at seven pm 39 00:01:58,840 --> 00:02:02,840 Speaker 2: on zero Hedge, totally free, there will be a debate 40 00:02:03,560 --> 00:02:06,560 Speaker 2: between the great Peter Schiff, one of the smartest guys 41 00:02:06,560 --> 00:02:10,680 Speaker 2: on Wall Street, and Spencer Morrison, the author of Restoring. 42 00:02:11,720 --> 00:02:13,519 Speaker 2: Spencer joins us, we're trying to get We're trying to 43 00:02:13,520 --> 00:02:16,519 Speaker 2: get Peter up, and Peter's like me on making skypework, 44 00:02:16,600 --> 00:02:17,840 Speaker 2: so we're struggling. 45 00:02:17,840 --> 00:02:18,720 Speaker 1: He'll be up in a second. 46 00:02:18,760 --> 00:02:22,480 Speaker 2: We hope Spencer, this is will get first of all, 47 00:02:22,520 --> 00:02:23,920 Speaker 2: give us your assessment. I don't want to get too 48 00:02:24,000 --> 00:02:25,640 Speaker 2: much into the debate because I want people to see it. 49 00:02:25,639 --> 00:02:28,519 Speaker 2: And we're also going to be doing a pre game 50 00:02:28,560 --> 00:02:31,760 Speaker 2: on this in our six o'clock hour leading up, and 51 00:02:31,800 --> 00:02:35,200 Speaker 2: it really will transfer you guys over to zero hedge 52 00:02:35,280 --> 00:02:38,480 Speaker 2: at seven. I think we're also Grace and we're going 53 00:02:38,560 --> 00:02:41,320 Speaker 2: to try to stream it ourselves off of zero hedge 54 00:02:41,840 --> 00:02:43,560 Speaker 2: because this is a big deal, and I think only 55 00:02:43,639 --> 00:02:47,160 Speaker 2: zero Hedge, which has some much great analysis about Wall 56 00:02:47,160 --> 00:02:50,000 Speaker 2: Street and other things that are happening global capital market, 57 00:02:50,080 --> 00:02:50,280 Speaker 2: is a. 58 00:02:50,200 --> 00:02:51,120 Speaker 1: Perfect place to have it. 59 00:02:52,000 --> 00:02:54,839 Speaker 2: So tell me give me your assessment of the last 60 00:02:54,880 --> 00:02:56,919 Speaker 2: couple of days, particularly the day of the stock global 61 00:02:56,960 --> 00:03:00,280 Speaker 2: stock markets kind of come back and President Trump is 62 00:03:00,880 --> 00:03:03,480 Speaker 2: dug in and not moving and now they're all stacked up. 63 00:03:03,480 --> 00:03:06,600 Speaker 2: He just saw his true social about South Korea that 64 00:03:06,720 --> 00:03:07,720 Speaker 2: Japanese are coming in. 65 00:03:07,760 --> 00:03:09,919 Speaker 1: So where do you think we stay in, Spencer. 66 00:03:10,880 --> 00:03:12,679 Speaker 7: Well, I think we're in a really great position. And 67 00:03:13,080 --> 00:03:14,840 Speaker 7: I think when I was on the show with you 68 00:03:15,080 --> 00:03:17,040 Speaker 7: on Liberation Day, I think we discussed this and we 69 00:03:17,120 --> 00:03:19,880 Speaker 7: sort of called it. The markets are going to fluctuate, 70 00:03:19,919 --> 00:03:21,760 Speaker 7: they're going to bounce back, and I think I made 71 00:03:21,800 --> 00:03:23,520 Speaker 7: the point and I'll make it again if President Trump 72 00:03:23,600 --> 00:03:26,320 Speaker 7: said he was going to cut income tax, the mainstream 73 00:03:26,360 --> 00:03:28,800 Speaker 7: media would say, oh my god, the economy is going 74 00:03:28,800 --> 00:03:29,239 Speaker 7: to crash. 75 00:03:29,320 --> 00:03:30,800 Speaker 3: We're losing two hundred and fifty. 76 00:03:30,680 --> 00:03:32,880 Speaker 7: Billion dollars worth of GDP because that's how much it 77 00:03:32,919 --> 00:03:35,760 Speaker 7: cost to do to the taxes every year. Right, So, 78 00:03:35,840 --> 00:03:38,880 Speaker 7: anytime you have a big policy shift, you're going to 79 00:03:38,960 --> 00:03:42,600 Speaker 7: have economic dislocation. And sometimes it's short term, sometimes it's 80 00:03:42,640 --> 00:03:45,360 Speaker 7: medium term. But I think what President Trump is doing 81 00:03:45,400 --> 00:03:50,680 Speaker 7: here is he's shifting the economy from consumption and financialization 82 00:03:50,840 --> 00:03:54,440 Speaker 7: of the economy over to an industrialized economy and a 83 00:03:54,440 --> 00:03:57,880 Speaker 7: production based economy. So there's going to be shifts, and 84 00:03:58,240 --> 00:04:00,680 Speaker 7: you know, I think it's positive that the market responding, 85 00:04:00,760 --> 00:04:02,640 Speaker 7: but I don't think the market is to be all 86 00:04:02,640 --> 00:04:05,360 Speaker 7: and end all in terms of a barometer up to 87 00:04:05,400 --> 00:04:08,440 Speaker 7: the economic health of America. I mean, there's there's so 88 00:04:08,440 --> 00:04:10,640 Speaker 7: many other metrics we have to look at. You know, 89 00:04:10,880 --> 00:04:14,600 Speaker 7: do people have money to support their families? That's more 90 00:04:14,600 --> 00:04:17,200 Speaker 7: important than the than the stock market to me. 91 00:04:19,680 --> 00:04:23,280 Speaker 2: The given that this was announced in the close of 92 00:04:23,320 --> 00:04:25,920 Speaker 2: the market last Wednesday, and tomorrow's really the day that 93 00:04:26,000 --> 00:04:31,039 Speaker 2: the reciprocity kicks in. One week into this are you 94 00:04:31,080 --> 00:04:31,920 Speaker 2: feeling pretty good? 95 00:04:33,680 --> 00:04:35,839 Speaker 7: I'll tell you what I'm feeling amazing. I think that 96 00:04:35,880 --> 00:04:37,599 Speaker 7: there's a lot of nations that are that are in 97 00:04:37,640 --> 00:04:40,360 Speaker 7: the process of coming to the table. I think many 98 00:04:40,360 --> 00:04:42,240 Speaker 7: more are going to come to the table. I'm excited 99 00:04:42,240 --> 00:04:43,960 Speaker 7: to see what the President can do in terms of 100 00:04:44,520 --> 00:04:46,960 Speaker 7: working out new deals. And you know, if these new 101 00:04:46,960 --> 00:04:49,279 Speaker 7: deals are structures in such a way that benefit both 102 00:04:49,320 --> 00:04:53,520 Speaker 7: players by lower overall trade barriers, I think that's great. 103 00:04:53,560 --> 00:04:55,440 Speaker 7: I think that's going to, you know, cause a lot 104 00:04:55,440 --> 00:04:58,120 Speaker 7: of other nations to step forward. I think this is 105 00:04:58,160 --> 00:05:00,960 Speaker 7: going to be great for American industry. It's going to 106 00:05:01,000 --> 00:05:04,719 Speaker 7: raise exports and ultimately it's going to reshore you know, 107 00:05:04,760 --> 00:05:07,719 Speaker 7: a large portion, I hope, of the economic production that's 108 00:05:07,760 --> 00:05:11,279 Speaker 7: been shipped abroad to China, Mexico, places like that. 109 00:05:13,680 --> 00:05:17,160 Speaker 2: Okay, tonight, it's seven o'clock on the Great Site. Zero 110 00:05:17,279 --> 00:05:20,599 Speaker 2: Hedge is going to be a debate between Spencer Morrison 111 00:05:20,640 --> 00:05:21,760 Speaker 2: and the Great Peter Shift. 112 00:05:21,800 --> 00:05:23,360 Speaker 1: Peter joins us right now. 113 00:05:23,400 --> 00:05:25,200 Speaker 2: Peter, before I get into anything, I don't want to 114 00:05:25,200 --> 00:05:26,640 Speaker 2: give them too much of the debate. We're going to 115 00:05:26,680 --> 00:05:28,920 Speaker 2: have a whole hour of pregame today on our six 116 00:05:29,000 --> 00:05:33,000 Speaker 2: o'clock show before because I'm just I'm so excited about 117 00:05:33,040 --> 00:05:36,719 Speaker 2: having two heavyweights actually lay out these two plans. But 118 00:05:36,960 --> 00:05:39,880 Speaker 2: since you're such a prominent thinker of capital markets, just 119 00:05:39,920 --> 00:05:43,080 Speaker 2: give us where you think we are overall with the 120 00:05:43,080 --> 00:05:46,760 Speaker 2: American economy. You know, you got the reconciliation we're working on, obviously, 121 00:05:46,800 --> 00:05:49,599 Speaker 2: this big trade war that President Trump's engaged in. 122 00:05:50,040 --> 00:05:51,719 Speaker 1: What's Peter Shift's take on things. 123 00:05:53,000 --> 00:05:55,600 Speaker 5: Well, you know, I think we're in a very bad 124 00:05:55,640 --> 00:05:58,880 Speaker 5: place as an economy. You know, I'm sympathetic with the president. 125 00:05:58,920 --> 00:06:01,760 Speaker 5: You know, I supported them. I urged my followers to 126 00:06:01,839 --> 00:06:04,200 Speaker 5: vote for him, not because I wanted him to do 127 00:06:04,279 --> 00:06:08,640 Speaker 5: these parris but because I thought he was much better 128 00:06:08,680 --> 00:06:09,560 Speaker 5: than the alternative. 129 00:06:10,600 --> 00:06:14,360 Speaker 3: But Trump understands that. 130 00:06:14,680 --> 00:06:17,760 Speaker 5: Yes, over the last twenty years or so, in particular, 131 00:06:18,200 --> 00:06:21,760 Speaker 5: we've hollowed out the middle class, we've lost our industrial base, 132 00:06:22,080 --> 00:06:26,120 Speaker 5: We've grown poorer as we've accumulated debt and the rest 133 00:06:26,120 --> 00:06:30,000 Speaker 5: of the world has accumulated assets. But what Trump doesn't 134 00:06:30,040 --> 00:06:32,440 Speaker 5: seem to get and a lot of people that surround him, 135 00:06:32,640 --> 00:06:36,400 Speaker 5: is the current nature of the economy and how it's 136 00:06:36,600 --> 00:06:38,279 Speaker 5: this big bubble has been inflated. 137 00:06:39,000 --> 00:06:40,520 Speaker 3: We run these huge deficits. 138 00:06:40,960 --> 00:06:43,520 Speaker 5: You know, government deficits a couple of trillion dollars a year. 139 00:06:44,120 --> 00:06:46,480 Speaker 5: The Fed prints a lot of money, and so Americans 140 00:06:46,480 --> 00:06:48,159 Speaker 5: get a lot of money to spend as a result 141 00:06:48,240 --> 00:06:52,159 Speaker 5: of these deficits. But the problem is Americans aren't making 142 00:06:52,520 --> 00:06:56,279 Speaker 5: the products that these Americans want to buy, and so 143 00:06:57,400 --> 00:06:59,560 Speaker 5: if we just had to spend our money here, you know, 144 00:06:59,600 --> 00:07:01,000 Speaker 5: prices would have gone through the roof. 145 00:07:01,600 --> 00:07:03,360 Speaker 3: But what we've been able to do is. 146 00:07:03,320 --> 00:07:06,400 Speaker 5: We have an escape valve for the inflation, and it's 147 00:07:06,440 --> 00:07:09,520 Speaker 5: the rest of the world. Because they have lots of capacity, 148 00:07:09,640 --> 00:07:13,040 Speaker 5: lots of factories, they produce all the stuff. And so 149 00:07:13,080 --> 00:07:15,200 Speaker 5: what Americans do is they take that money and they 150 00:07:15,240 --> 00:07:17,800 Speaker 5: go shopping and we buy all sorts of stuff. Over 151 00:07:17,840 --> 00:07:20,360 Speaker 5: a trillion dollars worth of merchandise comes in every year 152 00:07:20,680 --> 00:07:24,120 Speaker 5: that we didn't have to produce. We didn't have to sacrifice, 153 00:07:24,160 --> 00:07:26,920 Speaker 5: we didn't have to save to make the capital investments, 154 00:07:26,920 --> 00:07:29,120 Speaker 5: we don't have to deal with the pollution. We just 155 00:07:29,160 --> 00:07:32,880 Speaker 5: get all the stuff and all the work is done abroad. 156 00:07:33,080 --> 00:07:35,760 Speaker 5: So we send our money abroad and they send their 157 00:07:35,760 --> 00:07:39,640 Speaker 5: stuff here. Now the cycle gets even better for us 158 00:07:39,640 --> 00:07:43,160 Speaker 5: in the short run because foreigners take the dollars that 159 00:07:43,200 --> 00:07:45,360 Speaker 5: they earned selling us the stuff that we didn't have 160 00:07:45,400 --> 00:07:48,200 Speaker 5: to make, and they buy our financial asset, They buy 161 00:07:48,200 --> 00:07:50,880 Speaker 5: our stocks, they buy our bonds, and as a result 162 00:07:50,920 --> 00:07:53,760 Speaker 5: of that, our stock market goes up, our bond market 163 00:07:53,800 --> 00:07:56,200 Speaker 5: goes up, and so our interest rates go down, and 164 00:07:56,280 --> 00:07:58,040 Speaker 5: so everybody thinks they're richer. 165 00:07:57,800 --> 00:07:59,320 Speaker 3: Because stock prices are higher. 166 00:07:59,480 --> 00:08:01,600 Speaker 5: We get to borrow all this cheap money so we 167 00:08:01,640 --> 00:08:04,200 Speaker 5: can keep on going further into debt to buy more 168 00:08:04,240 --> 00:08:08,680 Speaker 5: foreign products. Now, if that's going to stop, and if 169 00:08:09,080 --> 00:08:11,920 Speaker 5: the tariffs may very well stop it by making goods 170 00:08:11,920 --> 00:08:15,600 Speaker 5: so expensive that Americans can't afford to import them anymore, 171 00:08:16,200 --> 00:08:18,480 Speaker 5: then what's going to happen is the money that we 172 00:08:18,680 --> 00:08:23,640 Speaker 5: create stays in America, bidding prices through the roof, and 173 00:08:24,200 --> 00:08:26,920 Speaker 5: barners no longer buy our stocks and no longer buy 174 00:08:26,920 --> 00:08:30,120 Speaker 5: our bonds, sending interest rates through the roof. We have 175 00:08:30,200 --> 00:08:35,160 Speaker 5: a massive economic implosion as the entire service sector economy collapses. 176 00:08:35,520 --> 00:08:37,880 Speaker 5: We have another financial crisis because a lot of the 177 00:08:37,960 --> 00:08:41,080 Speaker 5: borrowed money can't be repaid. A lot of the stores 178 00:08:41,120 --> 00:08:43,480 Speaker 5: have to close down because they no longer have goods 179 00:08:44,000 --> 00:08:47,160 Speaker 5: that anybody can afford to buy. We have lots of unemployment. 180 00:08:47,320 --> 00:08:50,520 Speaker 5: So in the short run, this is an unmitigated disaster. 181 00:08:50,640 --> 00:08:54,280 Speaker 5: The problem is Trump has not prepared the public for 182 00:08:54,440 --> 00:08:56,960 Speaker 5: just how bad it's got to get before it's going 183 00:08:57,040 --> 00:08:58,840 Speaker 5: to get good. And I don't think we have the 184 00:08:58,880 --> 00:09:02,760 Speaker 5: stomach for the financial crisis and the collapse that's coming. 185 00:09:03,400 --> 00:09:05,600 Speaker 5: I think we're just going to go back to the 186 00:09:05,640 --> 00:09:07,960 Speaker 5: same thing that got us here, which is asking the 187 00:09:08,000 --> 00:09:11,040 Speaker 5: FED to cut interest rates and print more money, and 188 00:09:11,080 --> 00:09:13,760 Speaker 5: then we risk, you know, what's always been the worst 189 00:09:13,760 --> 00:09:17,920 Speaker 5: case scenario, a complete dollar collapse and you know, runaway inflation. 190 00:09:18,080 --> 00:09:20,640 Speaker 5: So I think we're very close to the precipice of 191 00:09:20,640 --> 00:09:21,280 Speaker 5: that right now. 192 00:09:23,559 --> 00:09:25,360 Speaker 1: Let me ask you, let me just take in a 193 00:09:25,400 --> 00:09:26,319 Speaker 1: slightly different direction. 194 00:09:26,480 --> 00:09:28,960 Speaker 2: If you see the because at the same time we're 195 00:09:28,960 --> 00:09:32,800 Speaker 2: going through this, they've now talking about these reconciliation bills, 196 00:09:33,400 --> 00:09:35,199 Speaker 2: And if you just cut down to the basics of 197 00:09:35,240 --> 00:09:40,719 Speaker 2: the reconciliation, one's talking about a four trained dollar inc 198 00:09:40,880 --> 00:09:42,800 Speaker 2: the house is I'm about a four trained dollar increase 199 00:09:43,040 --> 00:09:43,839 Speaker 2: to the debt sailing. 200 00:09:44,000 --> 00:09:45,720 Speaker 1: The sentence talking about a five trained. 201 00:09:45,400 --> 00:09:49,319 Speaker 2: Dollars my understanding, and it's not you haven't seen the language. 202 00:09:49,360 --> 00:09:50,040 Speaker 1: My understanding. 203 00:09:50,360 --> 00:09:52,800 Speaker 2: That's a two year deal or just gets to pass 204 00:09:52,840 --> 00:09:56,400 Speaker 2: the midterm elections sometime into twenty twenty seven. The model 205 00:09:56,440 --> 00:10:00,360 Speaker 2: we have there also these deficits, particularly given tax scus 206 00:10:00,400 --> 00:10:03,400 Speaker 2: that he's promised the working class on tips and on 207 00:10:03,480 --> 00:10:08,120 Speaker 2: social security, that the deficits could be north of. 208 00:10:08,080 --> 00:10:09,280 Speaker 1: Two tree and dollars. 209 00:10:09,880 --> 00:10:13,560 Speaker 2: Is that model does leave aside the leave aside the 210 00:10:13,559 --> 00:10:16,520 Speaker 2: trade situation for a second ways got into is the 211 00:10:16,559 --> 00:10:19,640 Speaker 2: model that we have right now of just because and 212 00:10:19,679 --> 00:10:23,840 Speaker 2: I want to just tell the audience neither the reconciliation 213 00:10:24,040 --> 00:10:26,640 Speaker 2: what they're talking about or even in twenty fiscal year 214 00:10:26,640 --> 00:10:29,720 Speaker 2: twenty twenty five, because have been no impounments to date, 215 00:10:30,720 --> 00:10:34,640 Speaker 2: there has not been outside of outside of USID and DOE, 216 00:10:34,720 --> 00:10:37,760 Speaker 2: which were identified by the by the ELI cranes in 217 00:10:37,760 --> 00:10:41,680 Speaker 2: the world on fraud. There hasn't been one penny that's 218 00:10:41,720 --> 00:10:44,240 Speaker 2: been put over to people to say, actually, this is 219 00:10:44,280 --> 00:10:46,680 Speaker 2: where we founded, this where we cut. So you're going 220 00:10:46,760 --> 00:10:48,200 Speaker 2: to have a two to two and a half treeon 221 00:10:48,280 --> 00:10:50,719 Speaker 2: dollar deficit every year, you're going to get up to 222 00:10:50,800 --> 00:10:54,120 Speaker 2: forty two or forty three treeon dollars in debt and 223 00:10:54,200 --> 00:10:55,120 Speaker 2: you just continue on. 224 00:10:55,360 --> 00:10:57,720 Speaker 1: Is the basic model we have today. 225 00:10:58,440 --> 00:11:00,200 Speaker 2: Leave a side what he's doing on trade and trying 226 00:11:00,200 --> 00:11:03,360 Speaker 2: to bring manyfairbread. Is the model we have today sustainable? 227 00:11:04,120 --> 00:11:06,360 Speaker 3: No, it's completely unsustainable. 228 00:11:06,360 --> 00:11:08,760 Speaker 5: The fact that we've sustained it for so long is 229 00:11:08,760 --> 00:11:11,760 Speaker 5: why the problem has gotten so big, and the deficits 230 00:11:11,800 --> 00:11:14,760 Speaker 5: will be much larger as we go into a deeper recession, 231 00:11:14,800 --> 00:11:16,640 Speaker 5: which I believe we're in, and it's going to get 232 00:11:16,679 --> 00:11:20,120 Speaker 5: a lot worse, especially with the tariffs. You know, what 233 00:11:20,440 --> 00:11:23,719 Speaker 5: what Trump should be doing right now is telling Congress 234 00:11:24,040 --> 00:11:27,240 Speaker 5: that no way will he sign off on this bill. 235 00:11:28,160 --> 00:11:31,560 Speaker 5: I would not increase the debt ceiling at all, you know, 236 00:11:31,640 --> 00:11:34,320 Speaker 5: Rand Paul says, hey, let's do it by you know, 237 00:11:34,400 --> 00:11:39,679 Speaker 5: five hundred million, five hundred billion, not five trillion, and 238 00:11:40,080 --> 00:11:44,680 Speaker 5: let's do itus. Yes, yeah, but I would tell I 239 00:11:44,679 --> 00:11:47,319 Speaker 5: would use my veto if I was Trump, I would 240 00:11:47,320 --> 00:11:49,840 Speaker 5: make it clear to Congress that I am not signing 241 00:11:49,920 --> 00:11:53,160 Speaker 5: an unbalanced budget. The buck stops here. We need to 242 00:11:53,200 --> 00:11:56,360 Speaker 5: cut government spending right now. We need to balance this budget. 243 00:11:56,600 --> 00:11:59,120 Speaker 5: And if you don't balance this budget, I'm vetoing it. 244 00:11:59,160 --> 00:12:01,000 Speaker 5: And the only way you're going to pass this increase 245 00:12:01,000 --> 00:12:03,840 Speaker 5: in the debt ceiling is with two thirds of both houses, 246 00:12:03,880 --> 00:12:05,800 Speaker 5: because I'm not going to be a party to the 247 00:12:05,840 --> 00:12:08,280 Speaker 5: destruction of the country. I'm not going to take on 248 00:12:08,400 --> 00:12:10,959 Speaker 5: another five trillion in debt because that means another ten 249 00:12:11,040 --> 00:12:13,880 Speaker 5: trillion in debt. It's never going to stop. So now 250 00:12:13,920 --> 00:12:15,520 Speaker 5: is the time. If we're going to take the pain, 251 00:12:15,960 --> 00:12:18,880 Speaker 5: that's pain worth taking. The pain of the tariff is 252 00:12:18,920 --> 00:12:21,079 Speaker 5: just pain for pain's sake. It is not going to help. 253 00:12:21,120 --> 00:12:22,840 Speaker 5: The tariffs are going to make it worse. But if 254 00:12:22,880 --> 00:12:26,000 Speaker 5: we actually force the government to stop spending and we 255 00:12:26,040 --> 00:12:29,160 Speaker 5: really get into the root cause of the problem, that's 256 00:12:29,200 --> 00:12:31,120 Speaker 5: the kind of pain that I want to sign on for. 257 00:12:33,880 --> 00:12:36,720 Speaker 2: And you're prepared in that regard because he just put 258 00:12:36,760 --> 00:12:38,880 Speaker 2: forward a trade and dollar defense budget. You're prepared to 259 00:12:38,880 --> 00:12:41,199 Speaker 2: cut defense. You're prepared to say, hey, we got to 260 00:12:41,200 --> 00:12:43,880 Speaker 2: cut some medicaid, we got to cut social programs. But 261 00:12:44,040 --> 00:12:46,800 Speaker 2: I don't want a ten year or where Scott Beston says, 262 00:12:47,160 --> 00:12:49,520 Speaker 2: where it's six and a half or seven percent of 263 00:12:49,640 --> 00:12:51,959 Speaker 2: deficit to GDP, where I'm gonna get this down to 264 00:12:52,000 --> 00:12:54,720 Speaker 2: three and a half Peter, you're saying, hey, that's not 265 00:12:54,800 --> 00:12:57,199 Speaker 2: good enough. I want to plan not over ten years, 266 00:12:57,200 --> 00:12:59,680 Speaker 2: but over a year or two to get to a balance. 267 00:12:59,720 --> 00:13:01,800 Speaker 1: Budge, to get to a zero deficit. 268 00:13:02,040 --> 00:13:04,520 Speaker 3: Is that when I'm here sixty I'm sixty two years old. 269 00:13:04,840 --> 00:13:07,440 Speaker 5: I've been around long enough to know that every time 270 00:13:07,600 --> 00:13:09,760 Speaker 5: Congress says they're going to cut the depth sit in 271 00:13:09,800 --> 00:13:10,840 Speaker 5: the future, they. 272 00:13:10,720 --> 00:13:11,720 Speaker 3: Never do it right. 273 00:13:11,840 --> 00:13:14,600 Speaker 5: They always say, oh, we will have these future spending cuts. 274 00:13:14,760 --> 00:13:16,200 Speaker 3: They kick the can down the road. 275 00:13:16,240 --> 00:13:18,320 Speaker 5: Look, I'm prepared to give up one hundred percent of 276 00:13:18,320 --> 00:13:19,880 Speaker 5: my Social Security, you know. 277 00:13:20,280 --> 00:13:22,240 Speaker 3: You know, and a lot of people should say. 278 00:13:22,160 --> 00:13:24,560 Speaker 5: Oh, we don't need any Social Security because the money's 279 00:13:24,600 --> 00:13:26,640 Speaker 5: not there and the young people can't afford to pay 280 00:13:26,640 --> 00:13:29,880 Speaker 5: the payroll faxes. But we have to reform entitlements, which 281 00:13:29,920 --> 00:13:34,520 Speaker 5: means cut entitlements, Medicare, Medicaid, Obamacare, all that stuff. And yes, 282 00:13:34,600 --> 00:13:36,839 Speaker 5: we're spending too much money on defense. We need to 283 00:13:36,880 --> 00:13:39,439 Speaker 5: spend less on defense. Donald Trump says we should stop 284 00:13:39,440 --> 00:13:42,480 Speaker 5: defending Europe. Yes, let's stop defending Europe. Let's bring home 285 00:13:42,520 --> 00:13:45,120 Speaker 5: the troops so we can save that money. Let Europe 286 00:13:45,120 --> 00:13:47,800 Speaker 5: defend itself. But we need to cut bring the troops 287 00:13:47,800 --> 00:13:50,600 Speaker 5: out of Japan. You know, we're broke. You know, we 288 00:13:50,640 --> 00:13:53,320 Speaker 5: have thirty six trillion in debt, thirty seven trillion, and 289 00:13:53,360 --> 00:13:57,080 Speaker 5: what's worse over the next four years, twenty six trillion 290 00:13:57,400 --> 00:13:58,800 Speaker 5: of that debt comes due. 291 00:13:58,840 --> 00:14:02,720 Speaker 3: It matures, and we have to fly yes, and I 292 00:14:02,720 --> 00:14:04,040 Speaker 3: don't think they're gonna be there. 293 00:14:05,760 --> 00:14:06,640 Speaker 1: Hangover for one second. 294 00:14:06,679 --> 00:14:09,480 Speaker 2: We're gonn taking a short commercial break Tonight's debate at 295 00:14:09,520 --> 00:14:14,040 Speaker 2: seven pm on the great Zero Hedge Peter Shift, Spencer 296 00:14:14,120 --> 00:14:18,719 Speaker 2: Morrison on the on trade and tariffs. I'm sure much 297 00:14:18,800 --> 00:14:21,200 Speaker 2: much more Zero Head sponsored this. We couldn't be prouder 298 00:14:21,240 --> 00:14:22,880 Speaker 2: to help pull this together. And we're gonna drive a 299 00:14:22,960 --> 00:14:25,520 Speaker 2: big audience to this tonight. Couse, you got to hear it. 300 00:14:25,720 --> 00:14:30,080 Speaker 2: Short commercial break Johnny con takes us out with American 301 00:14:30,200 --> 00:14:34,120 Speaker 2: made with American parts. Short commercial break back in a moment. 302 00:14:37,280 --> 00:14:39,720 Speaker 1: You sha already. 303 00:14:40,760 --> 00:14:49,479 Speaker 4: You win in lost show Got America? 304 00:14:52,240 --> 00:14:57,480 Speaker 1: I Got America. 305 00:15:00,160 --> 00:15:02,120 Speaker 4: Use your host, Stephen Kban. 306 00:15:06,320 --> 00:15:08,640 Speaker 2: I can tell you, Peter, the audiences, the war and 307 00:15:08,680 --> 00:15:11,200 Speaker 2: Posse is quite excited that you're on one. Thing we 308 00:15:11,200 --> 00:15:13,560 Speaker 2: talk about all the time is a difficulty. Scott Besson, 309 00:15:13,640 --> 00:15:16,880 Speaker 2: who is a contributor here to wream for years, has 310 00:15:16,920 --> 00:15:19,000 Speaker 2: and having to sell I think ten tree in this 311 00:15:19,120 --> 00:15:22,720 Speaker 2: year of US government securities, you put in a better perspective. 312 00:15:22,760 --> 00:15:24,840 Speaker 2: You're saying it's twenty five trade in over the next 313 00:15:24,840 --> 00:15:28,120 Speaker 2: couple of years that bessent has to sell essentially to 314 00:15:28,160 --> 00:15:30,680 Speaker 2: foreigners or I guess by ourselves. I mean, how are 315 00:15:30,680 --> 00:15:32,760 Speaker 2: we going to do that we're given our financial situation. 316 00:15:33,560 --> 00:15:36,680 Speaker 5: Yeah, well, the worst part about our enormous national debt 317 00:15:36,920 --> 00:15:39,480 Speaker 5: is the way we've gone about financing it. Instead of 318 00:15:39,520 --> 00:15:44,040 Speaker 5: taking on long term debt selling thirty year treasuries, we've 319 00:15:44,080 --> 00:15:47,560 Speaker 5: financed with T bills. It's kind of like people who 320 00:15:47,600 --> 00:15:50,080 Speaker 5: have a house. Instead of taking on a thirty year 321 00:15:50,120 --> 00:15:52,880 Speaker 5: fixed rate mortgage, they get a one year arm. Now 322 00:15:52,920 --> 00:15:55,760 Speaker 5: maybe they make that trade off because the arm is cheaper, 323 00:15:56,160 --> 00:15:58,840 Speaker 5: but they're accepting a lot of risk. The person who 324 00:15:58,920 --> 00:16:02,000 Speaker 5: does the thirty year fIF he has a payment, he 325 00:16:02,040 --> 00:16:05,080 Speaker 5: knows what it's going to be. And so we did 326 00:16:05,120 --> 00:16:08,320 Speaker 5: the same thing because by borrowing in the T bill market, 327 00:16:08,520 --> 00:16:11,200 Speaker 5: we got lower interest rates. Because if the government had 328 00:16:11,200 --> 00:16:14,760 Speaker 5: financed these debts on you know, ten years to thirty years, 329 00:16:14,840 --> 00:16:17,200 Speaker 5: it would have pushed those long term interest rates up, 330 00:16:17,400 --> 00:16:19,920 Speaker 5: pushed mortgage rates up. The government didn't want to do that, 331 00:16:20,200 --> 00:16:23,040 Speaker 5: so the government played Russian Roulette with you know, with 332 00:16:23,120 --> 00:16:24,760 Speaker 5: the country by the. 333 00:16:24,720 --> 00:16:28,480 Speaker 2: Short But Peter, but Peter, Peter Yellen Yellen did this. 334 00:16:28,480 --> 00:16:30,560 Speaker 2: This is what third world countries do, right, They get 335 00:16:30,560 --> 00:16:34,800 Speaker 2: that scame all the time. They basically did they financed short, right, 336 00:16:34,840 --> 00:16:38,200 Speaker 2: we don't go along starting go long? We essentially essentially 337 00:16:38,240 --> 00:16:40,440 Speaker 2: did we essentially did this go ahead? 338 00:16:40,760 --> 00:16:42,600 Speaker 3: Yeah, it started with Robert Rubin. 339 00:16:42,680 --> 00:16:46,120 Speaker 5: Under Clinton, he started the shortening of the maturities of 340 00:16:46,200 --> 00:16:49,120 Speaker 5: the national debt to bring down the interst rate expense 341 00:16:49,440 --> 00:16:52,560 Speaker 5: by by borrowing short So the reason I'm saying we 342 00:16:52,600 --> 00:16:55,360 Speaker 5: have to do twenty six trillion is over the next 343 00:16:55,400 --> 00:16:59,800 Speaker 5: ten years, twenty six trillion of that short term debt matures, 344 00:17:00,240 --> 00:17:02,280 Speaker 5: and a lot of that debt is at much lower 345 00:17:02,360 --> 00:17:05,399 Speaker 5: rates than the current rates. And as it matures, we 346 00:17:05,520 --> 00:17:08,720 Speaker 5: have to resell it, right, and somebody has to want 347 00:17:08,760 --> 00:17:12,480 Speaker 5: to buy it. Because not only have foreigners supply to 348 00:17:12,480 --> 00:17:16,320 Speaker 5: America with the goods that we don't produce, they lend 349 00:17:16,400 --> 00:17:19,000 Speaker 5: us the money that we don't save. So when Trump 350 00:17:19,040 --> 00:17:21,440 Speaker 5: says that you know, the world's been screwed us and. 351 00:17:21,400 --> 00:17:24,320 Speaker 3: Taking advantage of us, he's got it backward. We've actually 352 00:17:24,400 --> 00:17:26,960 Speaker 3: been taken advantage of the world. We're relying on the world. 353 00:17:26,880 --> 00:17:29,280 Speaker 5: Because they supply us with goods and lend us the 354 00:17:29,320 --> 00:17:32,800 Speaker 5: money to support the whole economy, including the deficits that 355 00:17:32,840 --> 00:17:33,560 Speaker 5: the government has. 356 00:17:33,920 --> 00:17:37,159 Speaker 3: So Trump's got to Message's got. 357 00:17:37,000 --> 00:17:39,760 Speaker 5: To go around and convince people to buy these treasuries 358 00:17:40,080 --> 00:17:43,879 Speaker 5: at four percent yield when inflation is much higher than that. 359 00:17:44,119 --> 00:17:46,440 Speaker 5: Look at the price of gold over three thousand dollars 360 00:17:46,440 --> 00:17:49,080 Speaker 5: an ounce. The reason gold is at three thousand is 361 00:17:49,119 --> 00:17:52,000 Speaker 5: because bar in central banks don't want our dollars, they 362 00:17:52,040 --> 00:17:54,800 Speaker 5: want gold. They don't want to buy our treasuries because 363 00:17:54,840 --> 00:17:57,080 Speaker 5: the yields are too low to cover what they're going 364 00:17:57,160 --> 00:17:59,560 Speaker 5: to lose, and so they're buying gold instead. So he 365 00:17:59,600 --> 00:18:02,439 Speaker 5: has an possible sell on his hands, and it's going 366 00:18:02,520 --> 00:18:05,480 Speaker 5: to get even worse if the dollar really starts to fall, 367 00:18:05,960 --> 00:18:08,600 Speaker 5: because you know that's what's going to happen. Then why 368 00:18:08,600 --> 00:18:11,520 Speaker 5: would somebody in Europe or Asia want to loan US 369 00:18:11,560 --> 00:18:14,520 Speaker 5: money at four percent when they're going to lose ten 370 00:18:14,600 --> 00:18:16,000 Speaker 5: or twenty percent a year just on. 371 00:18:15,960 --> 00:18:17,080 Speaker 3: The Ford exchange? 372 00:18:18,640 --> 00:18:20,960 Speaker 2: Do you think part of this negotiation should be I 373 00:18:21,040 --> 00:18:24,400 Speaker 2: hate to be so blunt jamming them with Actually part 374 00:18:24,480 --> 00:18:28,040 Speaker 2: of the trade negotiations is that they actually take as 375 00:18:28,080 --> 00:18:30,439 Speaker 2: part of that long term securities and some sort of 376 00:18:30,840 --> 00:18:33,920 Speaker 2: lower interest rate, and they just have to eat it, sir. 377 00:18:34,280 --> 00:18:35,719 Speaker 3: No, they're not going to do it. 378 00:18:36,000 --> 00:18:39,160 Speaker 5: You know, Trump thinks we've got all the cards. 379 00:18:39,400 --> 00:18:39,879 Speaker 3: We don't. 380 00:18:40,359 --> 00:18:44,040 Speaker 5: Again, the cards belong to the producer, not the consumer. 381 00:18:44,280 --> 00:18:46,240 Speaker 3: Right, that's what drives the economy. 382 00:18:46,520 --> 00:18:50,280 Speaker 5: You can't consume what has not been produced, but anything 383 00:18:50,359 --> 00:18:54,960 Speaker 5: that's produced will be consumed. Supply creates demand, not the 384 00:18:55,000 --> 00:18:58,159 Speaker 5: other way around. We've just got demand, but without supply 385 00:18:58,240 --> 00:18:58,919 Speaker 5: it means nothing. 386 00:18:59,200 --> 00:18:59,920 Speaker 3: Rights. 387 00:19:00,000 --> 00:19:02,840 Speaker 5: As long as the world wants our dollars, okay, they'll 388 00:19:02,840 --> 00:19:05,080 Speaker 5: give us their stuff for our paper. But when they 389 00:19:05,080 --> 00:19:08,000 Speaker 5: don't want our dollars anymore, then we're stuck. All we've 390 00:19:08,000 --> 00:19:10,639 Speaker 5: got is paper and no goods, and the world is 391 00:19:10,680 --> 00:19:14,440 Speaker 5: going to be fine without us. There's nothing special about Americans. 392 00:19:14,480 --> 00:19:17,800 Speaker 5: Anybody can consume. That's a fun job, right, that's the 393 00:19:17,840 --> 00:19:21,480 Speaker 5: easy part. Try producing, That's what's difficult. And when people 394 00:19:21,520 --> 00:19:23,840 Speaker 5: talk about, oh, we're going to reindustrialize the US, We're 395 00:19:23,880 --> 00:19:25,639 Speaker 5: going to build factories with what money? 396 00:19:25,760 --> 00:19:26,400 Speaker 3: Where are we going to. 397 00:19:26,320 --> 00:19:28,280 Speaker 5: Get the capital, and what are we going to stop 398 00:19:28,320 --> 00:19:30,840 Speaker 5: doing to finance it? And if we're going to finance 399 00:19:31,119 --> 00:19:34,560 Speaker 5: the reindustrialization of America, which is going to cost trillions, 400 00:19:34,880 --> 00:19:37,520 Speaker 5: we can't finance the government. You know, we can't have 401 00:19:37,600 --> 00:19:41,080 Speaker 5: all this government and reindustrialize. That was the trade off. 402 00:19:41,359 --> 00:19:43,320 Speaker 5: We got rid of our industry so we can have 403 00:19:43,359 --> 00:19:46,000 Speaker 5: this big government. Right, But in the long run, that 404 00:19:46,080 --> 00:19:47,280 Speaker 5: was a bad deal that we made. 405 00:19:50,600 --> 00:19:52,600 Speaker 1: But where do people go? Social media? 406 00:19:52,680 --> 00:19:55,280 Speaker 2: Website people, I can tell already in our chatroom they're 407 00:19:55,480 --> 00:19:58,960 Speaker 2: they're really excited about tonight's debate on zero hedge. We'll 408 00:19:58,960 --> 00:20:01,359 Speaker 2: be covering it live, Peter. Where do people go to 409 00:20:01,359 --> 00:20:02,240 Speaker 2: get all your thinking? 410 00:20:03,520 --> 00:20:06,159 Speaker 5: Well, you know, I do my own podcast, you know, 411 00:20:06,480 --> 00:20:09,320 Speaker 5: usually once or twice a week, Shift Radio dot com. 412 00:20:09,560 --> 00:20:13,840 Speaker 5: You can also listen to it on on YouTube. You know, 413 00:20:13,920 --> 00:20:16,159 Speaker 5: you could go to my website at yourpac dot com. 414 00:20:16,800 --> 00:20:19,640 Speaker 5: I also have a free newsletter at Schiftsovereign dot com 415 00:20:20,000 --> 00:20:22,880 Speaker 5: people can sign up for. But also, you know, on 416 00:20:22,920 --> 00:20:26,679 Speaker 5: my on your pack website you can talk to some 417 00:20:26,800 --> 00:20:27,879 Speaker 5: of our representatives. 418 00:20:28,119 --> 00:20:28,320 Speaker 3: You know. 419 00:20:28,800 --> 00:20:30,600 Speaker 5: I think that either way you're going to see a 420 00:20:30,600 --> 00:20:32,840 Speaker 5: big decline of the dollar. I think a lot of 421 00:20:32,840 --> 00:20:36,000 Speaker 5: the inflation that has been in our financial markets is 422 00:20:36,040 --> 00:20:38,760 Speaker 5: about to move to Main Street out of Wall Street, 423 00:20:38,880 --> 00:20:40,760 Speaker 5: and so that means US stocks and bonds are headed 424 00:20:40,760 --> 00:20:41,359 Speaker 5: a lot lower. 425 00:20:41,920 --> 00:20:43,720 Speaker 3: And that means if you are a retiree. 426 00:20:44,440 --> 00:20:46,240 Speaker 5: What you got to do is you've got to diversify 427 00:20:46,600 --> 00:20:49,399 Speaker 5: into offshore assets. You've got to get out of dollars. 428 00:20:49,400 --> 00:20:51,119 Speaker 5: You've got to get you know, assets that will be 429 00:20:51,160 --> 00:20:54,640 Speaker 5: a good inflation hedge and will provide meaningful income as 430 00:20:54,640 --> 00:20:57,240 Speaker 5: we go through this painful process. It's going to be 431 00:20:57,240 --> 00:20:59,720 Speaker 5: a lot of pain for investors and savers, but there 432 00:20:59,760 --> 00:21:01,359 Speaker 5: is a way to avoid it. But you got to 433 00:21:01,359 --> 00:21:04,760 Speaker 5: act pretty quickly to reposition your portfolio. 434 00:21:07,280 --> 00:21:09,520 Speaker 2: Peter, to look forward tonight and thank you for coming on. 435 00:21:09,600 --> 00:21:12,920 Speaker 2: Audience is very excited. Thank you brother, Thanks for hosting. 436 00:21:14,840 --> 00:21:16,359 Speaker 1: Peter. Peter Shift. 437 00:21:18,080 --> 00:21:20,880 Speaker 2: I would love to be able to put that proposal 438 00:21:21,119 --> 00:21:24,760 Speaker 2: on this spending to folks immediately, Peter Shift saying, hey, 439 00:21:24,760 --> 00:21:26,480 Speaker 2: get to a balanced budget, and you got to do 440 00:21:26,520 --> 00:21:28,159 Speaker 2: it in two years, not over ten years, and you 441 00:21:28,200 --> 00:21:31,480 Speaker 2: have to have significant cuts across the board. I hope 442 00:21:31,520 --> 00:21:35,280 Speaker 2: people are listening to this because this reconciliation is going 443 00:21:35,359 --> 00:21:37,720 Speaker 2: to be a fiasca. I can tell you, Spencer Morrison 444 00:21:38,119 --> 00:21:39,720 Speaker 2: not to do a counter to Peter. We want to 445 00:21:39,760 --> 00:21:41,119 Speaker 2: hold it for tonight because it is going to be 446 00:21:41,160 --> 00:21:44,320 Speaker 2: a Donnybrook. Where do people go to get restrawing? Where 447 00:21:44,359 --> 00:21:46,480 Speaker 2: they go to get all your information. We look forward 448 00:21:46,480 --> 00:21:49,080 Speaker 2: to debate. Thank you for signing up. It's going to 449 00:21:49,119 --> 00:21:51,880 Speaker 2: be amazing. So where do people get all your information 450 00:21:52,000 --> 00:21:52,960 Speaker 2: before tonight's debate? 451 00:21:53,960 --> 00:21:56,879 Speaker 7: I wonder what we're going to debate. We agree on 452 00:21:56,880 --> 00:21:59,840 Speaker 7: a lot of stuff. I gotta tell you. You can follow 453 00:21:59,880 --> 00:22:03,760 Speaker 7: me on Twitter. It's a real sp Morris in the 454 00:22:03,800 --> 00:22:07,840 Speaker 7: books available on Amazon. It's a reshure how tariffs are 455 00:22:07,880 --> 00:22:16,240 Speaker 7: going to revive the economy and the stored the American dream. 456 00:22:13,920 --> 00:22:17,560 Speaker 2: Spencer looked forward tonight seven pm on zero Hedge. So 457 00:22:17,560 --> 00:22:20,360 Speaker 2: thank you, sir. I appreciate you coming on. Thanks so much, 458 00:22:20,359 --> 00:22:24,200 Speaker 2: Steve god bless It's gonna be a whild one tonight. 459 00:22:24,200 --> 00:22:26,000 Speaker 2: I want to thank the zero hedge people putting us 460 00:22:26,040 --> 00:22:28,640 Speaker 2: on and others the work behind the scenes to pull 461 00:22:28,640 --> 00:22:31,240 Speaker 2: this off. I think it's incredibly timely. Let me go 462 00:22:31,320 --> 00:22:33,960 Speaker 2: back to forest for a second. Zero Hedge. Speaking of 463 00:22:34,080 --> 00:22:36,840 Speaker 2: zero Hedge, they just put up forrest. I think I 464 00:22:36,920 --> 00:22:38,960 Speaker 2: got these over to you, but I want to repeat 465 00:22:38,960 --> 00:22:41,840 Speaker 2: what zero hedge is saying. They say the Chinese Commanist 466 00:22:41,840 --> 00:22:45,640 Speaker 2: Party China has three basic options. Number one and if 467 00:22:45,640 --> 00:22:47,679 Speaker 2: we can get this up on the split screen with forrests. 468 00:22:47,680 --> 00:22:51,360 Speaker 2: You don't need me concede defeat to whatever terms President 469 00:22:51,400 --> 00:22:55,680 Speaker 2: Trump demands immediately. Number two, devalue the R and B 470 00:22:55,840 --> 00:22:59,560 Speaker 2: or D one by twenty to forty percent. Number three 471 00:22:59,720 --> 00:23:03,760 Speaker 2: on each biggest physical stimulus in its history, talking two 472 00:23:03,800 --> 00:23:07,520 Speaker 2: to three treeion dollars, which will push the debt of 473 00:23:07,680 --> 00:23:11,000 Speaker 2: China off the charts. Do you think the Chinese Cameras 474 00:23:11,040 --> 00:23:12,800 Speaker 2: Party will take any of those three, sir. 475 00:23:13,840 --> 00:23:14,800 Speaker 4: Yeah, it's possible. 476 00:23:14,960 --> 00:23:19,640 Speaker 8: But they do have another method which they will they 477 00:23:19,640 --> 00:23:23,439 Speaker 8: will not hesitated to do. They will plunge the world 478 00:23:23,600 --> 00:23:27,480 Speaker 8: into even more chaos. They can start if they need 479 00:23:27,520 --> 00:23:30,359 Speaker 8: to start a kinectic war or if they need to 480 00:23:31,000 --> 00:23:33,520 Speaker 8: start the economic war, they will do so. Maybe in 481 00:23:33,560 --> 00:23:37,560 Speaker 8: another biological warfare they will do so, that's another option 482 00:23:37,680 --> 00:23:42,120 Speaker 8: they can. Again, as we said, this is their final rankling. 483 00:23:42,640 --> 00:23:45,680 Speaker 8: They won't hesitate it to do anything to keep them 484 00:23:45,880 --> 00:23:46,439 Speaker 8: in power. 485 00:23:47,000 --> 00:23:49,280 Speaker 4: And that's the that's the thing. 486 00:23:49,640 --> 00:23:52,880 Speaker 8: That's that's why I think the audience, as Peter, your 487 00:23:53,080 --> 00:23:56,160 Speaker 8: guest Peter just mentioned, but I don't agree with them 488 00:23:56,800 --> 00:23:59,680 Speaker 8: with him, because I believe we do need to make 489 00:23:59,720 --> 00:24:03,760 Speaker 8: the manufacturer here in the US and the couple from 490 00:24:03,920 --> 00:24:08,480 Speaker 8: Chinese Communist Party because all the economy based on the 491 00:24:08,680 --> 00:24:13,399 Speaker 8: slavery of Chinese people and other nations, this will not 492 00:24:14,240 --> 00:24:21,360 Speaker 8: sustain and all this economy is not sustained. What President 493 00:24:21,359 --> 00:24:25,199 Speaker 8: Trump is doing, I think it's one hundred percent in 494 00:24:25,240 --> 00:24:28,160 Speaker 8: the right way. And I think the other day mister 495 00:24:28,200 --> 00:24:32,800 Speaker 8: Benson was talking about he's not using word redistribution, but 496 00:24:33,240 --> 00:24:36,639 Speaker 8: just to takeing care of the bottom half, the fifty percent. 497 00:24:36,960 --> 00:24:39,840 Speaker 8: I think that's one hundred percent correct. With the couple 498 00:24:39,880 --> 00:24:44,320 Speaker 8: from the CCP with one hundred percent to defeat the 499 00:24:44,880 --> 00:24:48,240 Speaker 8: paper tiger economy which support the Chinese Communist Party and 500 00:24:48,480 --> 00:24:54,320 Speaker 8: they're enablers. This will free the Chinese people and also 501 00:24:54,560 --> 00:24:58,600 Speaker 8: all the larbagings over the globe. 502 00:24:58,920 --> 00:25:01,160 Speaker 4: So I think this is essential. 503 00:25:02,000 --> 00:25:06,359 Speaker 8: I think the one room polse understand this better. I 504 00:25:06,400 --> 00:25:09,919 Speaker 8: think the more American people need to understand this because 505 00:25:09,960 --> 00:25:13,119 Speaker 8: this is not a tread war, this is not a 506 00:25:13,240 --> 00:25:19,200 Speaker 8: tariff war. This is about survival. It's about freedom and democracy. 507 00:25:20,720 --> 00:25:22,760 Speaker 8: I think people have to realize. 508 00:25:22,320 --> 00:25:27,080 Speaker 2: That farst where do people go to get new Federal 509 00:25:27,080 --> 00:25:30,240 Speaker 2: state TV? All your news, the daily news you guys 510 00:25:30,240 --> 00:25:32,399 Speaker 2: put up. I repost a bunch of those during the 511 00:25:32,480 --> 00:25:35,160 Speaker 2: day because of so well researched and well written. 512 00:25:35,400 --> 00:25:36,200 Speaker 1: Where do people go? 513 00:25:36,880 --> 00:25:37,320 Speaker 4: Thank you? 514 00:25:37,320 --> 00:25:40,879 Speaker 8: You can find us on Gether and FSC TV and 515 00:25:41,080 --> 00:25:44,120 Speaker 8: NFS Speaks and also the Daily News on gather. 516 00:25:44,480 --> 00:25:49,639 Speaker 4: You can also find us on X and FSC speaks. 517 00:25:50,119 --> 00:25:53,560 Speaker 2: Thank you, Steve, Thank you, Thank you very much, brother, 518 00:25:53,640 --> 00:25:59,240 Speaker 2: appreciate it. So the day President Trump's dug in, South 519 00:25:59,320 --> 00:26:02,280 Speaker 2: Korea's reached down, Japan's reached out, They've stacked up. I 520 00:26:02,400 --> 00:26:06,199 Speaker 2: think they're saying right now, almost one hundred nations of 521 00:26:06,240 --> 00:26:06,560 Speaker 2: the Earth. 522 00:26:06,600 --> 00:26:08,840 Speaker 1: That does not count the islands with the penguins. 523 00:26:09,760 --> 00:26:11,800 Speaker 2: Remember, you don't want anybody to gain the system, including 524 00:26:11,840 --> 00:26:14,800 Speaker 2: the penguins. We're gonna take a short commercial break on 525 00:26:14,920 --> 00:26:19,119 Speaker 2: leave you with Holy War. Very special guest up next 526 00:26:19,359 --> 00:26:20,480 Speaker 2: in the War and back in a moment. 527 00:26:22,320 --> 00:26:59,679 Speaker 9: Why you gotta be, You gotta be to say, use. 528 00:26:59,600 --> 00:27:08,560 Speaker 1: Your Stephen k Okay, welcome back. And it's going to 529 00:27:08,600 --> 00:27:09,879 Speaker 1: be heated one tonight at seven. 530 00:27:09,960 --> 00:27:11,680 Speaker 2: We're gonna do a lot of the ststist o'clock to 531 00:27:11,720 --> 00:27:15,679 Speaker 2: prep you guys for should be exciting President Trump's dug in. 532 00:27:15,760 --> 00:27:17,720 Speaker 1: Josh Horley just had a great quote. I'll get to 533 00:27:17,800 --> 00:27:18,440 Speaker 1: that in a moment. 534 00:27:19,520 --> 00:27:22,800 Speaker 2: Jamison Greer who's a new US Trade rep? Is getting 535 00:27:22,920 --> 00:27:27,320 Speaker 2: lit up in this Senate Finance hearing by guess who? 536 00:27:27,320 --> 00:27:31,120 Speaker 2: The Democrats Mark Warner Virginia just laid into him. We're 537 00:27:31,119 --> 00:27:34,040 Speaker 2: gonna get that clip here, hopefully in a moment. Chamae 538 00:27:34,160 --> 00:27:37,440 Speaker 2: Nugent joins us Chamaine. Look, can you explain to people 539 00:27:37,440 --> 00:27:39,680 Speaker 2: why it is different? We start the day I've got 540 00:27:39,720 --> 00:27:41,679 Speaker 2: my warpath coffee. The first thing I do, I do 541 00:27:41,760 --> 00:27:44,400 Speaker 2: my field of greens and I get that burst of energy. Also, 542 00:27:44,480 --> 00:27:46,760 Speaker 2: I just feel better in doing it. But why is 543 00:27:46,840 --> 00:27:50,080 Speaker 2: this different? Why is this fundamentally different? Because you know 544 00:27:50,160 --> 00:27:51,600 Speaker 2: this stuff? I mean, you're you're you're. 545 00:27:51,480 --> 00:27:52,679 Speaker 1: Really into health. I'm not. 546 00:27:53,520 --> 00:27:55,639 Speaker 2: Why is this different than the other brand that you 547 00:27:55,680 --> 00:28:00,080 Speaker 2: see carpet bombed on cable TV NonStop. Why is i 548 00:28:00,160 --> 00:28:04,000 Speaker 2: AS being a real organic super food so important? 549 00:28:05,000 --> 00:28:08,160 Speaker 10: Well, you know, Steve, since scientists decided to bring back 550 00:28:08,200 --> 00:28:11,119 Speaker 10: the dire wolves from the ice age, I'm going to 551 00:28:11,240 --> 00:28:13,800 Speaker 10: keep drinking field of greens to keep up my strength. 552 00:28:14,280 --> 00:28:17,679 Speaker 10: But even if you're not worried about running from pterodactyls 553 00:28:17,760 --> 00:28:19,960 Speaker 10: just yet, the most important thing is that we all 554 00:28:19,960 --> 00:28:20,879 Speaker 10: have to start small. 555 00:28:21,119 --> 00:28:22,600 Speaker 11: We all have to take care of our health. 556 00:28:22,920 --> 00:28:25,480 Speaker 10: We all know that our bodies are our temples. But 557 00:28:26,200 --> 00:28:29,719 Speaker 10: you know, no matter how hard you try, it's difficult 558 00:28:29,760 --> 00:28:34,000 Speaker 10: to overhaul your diet completely. So starting small is the 559 00:28:34,040 --> 00:28:37,560 Speaker 10: best thing to do. And it's one change, one simple change. 560 00:28:37,840 --> 00:28:39,760 Speaker 10: Just put a scoop of field of greens like you 561 00:28:39,800 --> 00:28:42,880 Speaker 10: do in your water, your juice and drink it all 562 00:28:42,920 --> 00:28:46,040 Speaker 10: throughout the day. And it's just that one little tweak 563 00:28:46,080 --> 00:28:49,160 Speaker 10: that's going to make the huge, the biggest difference in 564 00:28:49,200 --> 00:28:50,360 Speaker 10: your life. 565 00:28:51,920 --> 00:28:55,480 Speaker 2: And this gets you the fruits and vegetables that people, 566 00:28:55,600 --> 00:29:01,320 Speaker 2: particularly with the crazy lifestyle leads often don't get too correct. 567 00:29:02,480 --> 00:29:05,080 Speaker 10: Absolutely, And you know, Ted and I live off the land, 568 00:29:05,120 --> 00:29:07,840 Speaker 10: we hunt, but we when we travel, we can't always 569 00:29:07,880 --> 00:29:09,080 Speaker 10: get our fruits and veggies. 570 00:29:09,600 --> 00:29:12,600 Speaker 11: So I like to just do one scoop of field 571 00:29:12,640 --> 00:29:13,200 Speaker 11: of greens. 572 00:29:13,480 --> 00:29:19,000 Speaker 10: And every single ingredient is doctor selected specifically for heart health, 573 00:29:19,880 --> 00:29:23,920 Speaker 10: your lungs and your kidney and your metabolism and healthy weight. 574 00:29:24,240 --> 00:29:27,680 Speaker 10: Everything serves a purpose. That's why it wait works. 575 00:29:30,240 --> 00:29:31,680 Speaker 2: How do you take it you get in the morning, 576 00:29:31,720 --> 00:29:33,160 Speaker 2: do you just put it in your juice, you put 577 00:29:33,160 --> 00:29:35,960 Speaker 2: in your water? What do you recommend to tell people? 578 00:29:36,040 --> 00:29:38,560 Speaker 2: Try it? Try with water, Try with your juice. What 579 00:29:38,600 --> 00:29:40,000 Speaker 2: do you guys do? 580 00:29:40,080 --> 00:29:40,920 Speaker 11: We put it in. 581 00:29:40,840 --> 00:29:43,600 Speaker 10: Our water and stirt up and that's how I get 582 00:29:43,680 --> 00:29:45,840 Speaker 10: going in the first part of the day. 583 00:29:45,880 --> 00:29:49,600 Speaker 11: Well, first coffee first. We talked about this before coffee first, 584 00:29:50,000 --> 00:29:51,880 Speaker 11: and then field of greens. 585 00:29:52,840 --> 00:29:54,640 Speaker 10: May I don't know, maybe we should start putting it 586 00:29:54,680 --> 00:29:56,240 Speaker 10: in our coffee, Steve, what do you think? 587 00:29:58,720 --> 00:29:59,120 Speaker 3: Well, we do. 588 00:29:59,240 --> 00:30:00,760 Speaker 2: I do it in the water also, I do the 589 00:30:00,800 --> 00:30:02,480 Speaker 2: same thing. I do the coffee for us and then 590 00:30:02,720 --> 00:30:05,440 Speaker 2: through the water. What have you noticed? What have you 591 00:30:05,720 --> 00:30:07,520 Speaker 2: used this for a while? What have you noticed after 592 00:30:07,680 --> 00:30:08,960 Speaker 2: use Field of Greens for a while. 593 00:30:09,720 --> 00:30:12,560 Speaker 10: Here's the biggest thing that I can tell you in 594 00:30:12,600 --> 00:30:14,840 Speaker 10: your audience that I notice when I don't take it, 595 00:30:14,880 --> 00:30:18,240 Speaker 10: when we travel and we don't take it, I feel 596 00:30:18,360 --> 00:30:20,920 Speaker 10: like I've got brain fog and I'm just a little 597 00:30:21,000 --> 00:30:21,920 Speaker 10: more lethargic. 598 00:30:22,280 --> 00:30:25,480 Speaker 11: When I take it every day, I am ready to go. Rannon, 599 00:30:25,640 --> 00:30:26,200 Speaker 11: ready to go. 600 00:30:26,680 --> 00:30:30,239 Speaker 10: Your previous guests was sixty two. I'm sixty two and 601 00:30:30,440 --> 00:30:32,440 Speaker 10: I want to just I want to be that grandma 602 00:30:32,520 --> 00:30:36,000 Speaker 10: that's jumping on the trampoline. I want to have the energy, 603 00:30:36,040 --> 00:30:38,600 Speaker 10: and with Field of Greens I get that energy. 604 00:30:41,320 --> 00:30:44,760 Speaker 2: Wow, amazing, Jermaine, do you have a social media account. 605 00:30:44,760 --> 00:30:46,720 Speaker 2: Where do you got to know? Fieldgreens dot com. You 606 00:30:46,760 --> 00:30:49,600 Speaker 2: put in a promo code, Warroom, you get a discount. 607 00:30:50,320 --> 00:30:52,160 Speaker 2: Where do people go to find out more about you 608 00:30:52,240 --> 00:30:53,440 Speaker 2: and what you guys are working on? 609 00:30:54,400 --> 00:30:57,720 Speaker 10: My book, My brand new book Abundantly Well is available 610 00:30:57,720 --> 00:31:01,640 Speaker 10: now on Amazon. I'm back on Facebook. I was hacked. 611 00:31:02,160 --> 00:31:06,200 Speaker 10: I'm back on Facebook and I'm on Instagram and truth 612 00:31:06,480 --> 00:31:15,040 Speaker 10: and my website is Shamaine Nugent dot roxrcks. 613 00:31:14,680 --> 00:31:17,120 Speaker 1: Chamane. Thank you for joining us today. Say hi to Ted. 614 00:31:17,760 --> 00:31:19,960 Speaker 11: I will thanks Steve God bless. 615 00:31:21,400 --> 00:31:28,920 Speaker 1: Two mega warriors right there. Toughest bootleatherer. Unbelievable, by the way, 616 00:31:28,920 --> 00:31:30,360 Speaker 1: the promo code's Bannon. 617 00:31:30,480 --> 00:31:32,280 Speaker 2: Make sure you go to get a big discount Field 618 00:31:32,280 --> 00:31:33,840 Speaker 2: of Green. Start every day with it. And I do 619 00:31:33,880 --> 00:31:34,840 Speaker 2: it like s Chamaine. 620 00:31:34,880 --> 00:31:35,160 Speaker 1: Doesn't. 621 00:31:35,200 --> 00:31:37,640 Speaker 2: We put it in the water after the cod cup 622 00:31:37,680 --> 00:31:39,240 Speaker 2: of coffee to put it right in the word some 623 00:31:39,280 --> 00:31:42,200 Speaker 2: people put in the juice. We've got a clip from 624 00:31:42,240 --> 00:31:45,400 Speaker 2: our favorite Morning Joe. Let's go ahead, and let's go 625 00:31:45,440 --> 00:31:47,600 Speaker 2: ahead and play the clip from Morning Joe. 626 00:31:47,880 --> 00:31:51,840 Speaker 12: It's a small group now left that shares the President's 627 00:31:51,920 --> 00:31:54,640 Speaker 12: view that with a few tariffs he can quickly remake 628 00:31:54,760 --> 00:31:59,560 Speaker 12: the global economic order. Peter Navarro's making that comment that analysis. 629 00:32:00,280 --> 00:32:03,920 Speaker 12: Lutnik the Commerce secretary as well, but even many of 630 00:32:03,960 --> 00:32:06,880 Speaker 12: Donald Trump's closest supporters, that people who funded his campaign 631 00:32:06,960 --> 00:32:09,080 Speaker 12: on Wall Street are saying, what are we doing here? 632 00:32:09,160 --> 00:32:10,920 Speaker 13: Yeah, We'll add Steve Bannon to the list of those 633 00:32:10,920 --> 00:32:11,480 Speaker 13: who think. 634 00:32:11,360 --> 00:32:13,960 Speaker 3: That this is the right approach, that this is the moment. 635 00:32:14,400 --> 00:32:16,840 Speaker 1: To really play tough, particularly with. 636 00:32:16,880 --> 00:32:20,200 Speaker 13: China, but to deliver these tariffs and to sort of 637 00:32:20,280 --> 00:32:22,920 Speaker 13: force these companies to invest in the United States. But 638 00:32:22,960 --> 00:32:25,800 Speaker 13: we have heard from weeks now from economists saying that 639 00:32:25,840 --> 00:32:27,760 Speaker 13: this doesn't really work anymore, it's out of step with 640 00:32:27,760 --> 00:32:30,200 Speaker 13: today's economy, and it would take too long to do, 641 00:32:30,400 --> 00:32:33,400 Speaker 13: meaning prolonging this pain in a couple of things. 642 00:32:33,400 --> 00:32:36,280 Speaker 14: First of all, we have seen a split in sort 643 00:32:36,280 --> 00:32:40,120 Speaker 14: of maga world. We saw it early on immigration between 644 00:32:41,360 --> 00:32:47,520 Speaker 14: Steve Bannon and Elon Musk and beckat heated. We're now 645 00:32:47,560 --> 00:32:50,040 Speaker 14: seeing it, I think, in an even more dramatic and 646 00:32:50,280 --> 00:32:57,720 Speaker 14: possibly conclusive way again between the Steve Bannon side Peter Navarro. 647 00:32:57,480 --> 00:32:58,320 Speaker 3: Side of the world. 648 00:32:58,560 --> 00:33:01,120 Speaker 14: By the way, Howard Lutnik wants to be Treasury secretary 649 00:33:01,160 --> 00:33:02,800 Speaker 14: based on everything I hear so good. 650 00:33:03,000 --> 00:33:04,760 Speaker 1: You know the true believers. If you want to know 651 00:33:04,760 --> 00:33:06,200 Speaker 1: who the true believers. 652 00:33:05,720 --> 00:33:09,000 Speaker 14: Are, they are Steve Bannon, and they are Peter Navarro, 653 00:33:09,080 --> 00:33:12,440 Speaker 14: and they're Donald Trump. Right So, but this blit is 654 00:33:12,480 --> 00:33:15,240 Speaker 14: even dramatic. That's that's the first thing. Second thing, And 655 00:33:15,280 --> 00:33:17,880 Speaker 14: I'm wondering if you had the same reaction I did. 656 00:33:19,480 --> 00:33:23,120 Speaker 14: We're so used to getting this sort of fire hose 657 00:33:23,160 --> 00:33:26,680 Speaker 14: of falsehoods coming out of the White House and the 658 00:33:26,720 --> 00:33:31,320 Speaker 14: Trump campaign and everything that when you see something where 659 00:33:31,360 --> 00:33:33,840 Speaker 14: you go, yeah, he really means what he's saying right now, 660 00:33:34,080 --> 00:33:35,240 Speaker 14: it stands out. 661 00:33:35,520 --> 00:33:38,120 Speaker 1: And when that clip we showed of Donald. 662 00:33:37,800 --> 00:33:42,320 Speaker 14: Trump where he said, listen, I'm the only guy who 663 00:33:42,400 --> 00:33:47,320 Speaker 14: would do this. Nobody else like believes this but me. 664 00:33:47,560 --> 00:33:51,280 Speaker 14: Basically he said if I don't do it now, it's 665 00:33:51,440 --> 00:33:53,120 Speaker 14: never going to get done. 666 00:33:53,560 --> 00:33:56,160 Speaker 3: That comes from a man who has had this. 667 00:33:56,080 --> 00:34:02,120 Speaker 14: As his driving ideological belief since nineteen eighty seven. The 668 00:34:02,240 --> 00:34:06,760 Speaker 14: United States has been taken advantage of. Our government officials 669 00:34:06,840 --> 00:34:10,160 Speaker 14: are suckers, and he's the guy who can fix it. 670 00:34:10,320 --> 00:34:12,360 Speaker 14: I'm wondering whether you had the same reaction to me. 671 00:34:12,440 --> 00:34:16,360 Speaker 14: Say what you will about tariffs, everything. But he believed 672 00:34:16,360 --> 00:34:18,759 Speaker 14: every word he said right there, because he's been saying 673 00:34:18,800 --> 00:34:20,120 Speaker 14: it since nineteen eighty seven. 674 00:34:22,400 --> 00:34:26,280 Speaker 2: He's been saying it since nineteen eighty seven. He learned 675 00:34:26,280 --> 00:34:31,520 Speaker 2: how to really the great Lou Dobbs, a giant who 676 00:34:31,560 --> 00:34:34,799 Speaker 2: first started doing this on CNN and really woke the 677 00:34:34,880 --> 00:34:37,600 Speaker 2: nation up to what it really started happening in the 678 00:34:37,640 --> 00:34:41,480 Speaker 2: early seventies when we had our first in nineteen seventy three, 679 00:34:42,920 --> 00:34:45,400 Speaker 2: when we had a first trade deficit. What are your 680 00:34:45,520 --> 00:34:50,640 Speaker 2: nineteen seventy three was, by the way, nineteen seventy three, 681 00:34:51,040 --> 00:34:55,520 Speaker 2: that critical year we had our first trade deficit. It 682 00:34:55,520 --> 00:34:58,400 Speaker 2: was Lou Dobbs that brought to people's attention. Donald Trump, 683 00:34:58,560 --> 00:35:02,200 Speaker 2: as a young man, an entrepreneur in New York picked 684 00:35:02,200 --> 00:35:06,000 Speaker 2: this up when Trump would go on television and start 685 00:35:06,080 --> 00:35:11,439 Speaker 2: doing media that was not related to his At that time, 686 00:35:11,480 --> 00:35:13,480 Speaker 2: he was a real estate developer and then he got 687 00:35:13,520 --> 00:35:17,279 Speaker 2: into gaming in Atlantic City. But when I was at 688 00:35:17,320 --> 00:35:19,880 Speaker 2: Goldman Sachs after coming out of Harvard in the eighties 689 00:35:20,760 --> 00:35:24,960 Speaker 2: in investment, banking and finance, Trump was a real estate developer, 690 00:35:25,000 --> 00:35:28,439 Speaker 2: but he was also on the society pages every night. 691 00:35:28,520 --> 00:35:32,280 Speaker 2: That was that kind of Roaring eighties, and Donald Trump 692 00:35:32,360 --> 00:35:34,319 Speaker 2: was a massive player in New York City on the 693 00:35:34,320 --> 00:35:38,600 Speaker 2: social scene. But when he started going on programs and 694 00:35:38,719 --> 00:35:43,400 Speaker 2: talking about public policy and talking about the state of 695 00:35:43,440 --> 00:35:47,640 Speaker 2: the country, this is what he talked about, and he 696 00:35:47,680 --> 00:35:50,960 Speaker 2: could see it as Dobbs could see it, and very 697 00:35:51,000 --> 00:35:52,359 Speaker 2: few people were talking about. 698 00:35:52,400 --> 00:35:55,760 Speaker 1: What you had is you had the hostile takeovers. 699 00:35:56,600 --> 00:35:58,800 Speaker 2: By Mike Milkan and the guys at Drexel with the 700 00:35:58,880 --> 00:36:01,840 Speaker 2: junk bonds, and they were going going after old industrial America, 701 00:36:02,239 --> 00:36:05,279 Speaker 2: particularly in the in the Midwest, and Wall Street at 702 00:36:05,280 --> 00:36:08,600 Speaker 2: the time was getting ready to shift those that were 703 00:36:08,600 --> 00:36:11,799 Speaker 2: looking at taking industrial America and shifting shipping it to 704 00:36:12,520 --> 00:36:17,920 Speaker 2: a lower cost place that would have been China. At 705 00:36:17,920 --> 00:36:20,160 Speaker 2: the same time, we have this whole NAFTA thing building 706 00:36:21,040 --> 00:36:23,360 Speaker 2: NAFTA came in into the early nineties. That was Bob 707 00:36:23,440 --> 00:36:25,879 Speaker 2: Rubin that Peter Schiff just talked about. Who was one 708 00:36:25,880 --> 00:36:28,120 Speaker 2: of the I don't want to say my bosses. He 709 00:36:28,200 --> 00:36:31,120 Speaker 2: ran Goldman Sachs at the time on the trading side, 710 00:36:31,160 --> 00:36:34,880 Speaker 2: and a quite brilliant guy. But he was Secretary of 711 00:36:34,880 --> 00:36:37,600 Speaker 2: the first National Economic Council and then Secretary of the 712 00:36:37,640 --> 00:36:38,880 Speaker 2: Treasury under Bill Clinton. 713 00:36:39,840 --> 00:36:42,760 Speaker 1: They conceived of the whole NAFTA situation. 714 00:36:43,239 --> 00:36:46,880 Speaker 2: This was both the globalist Republicans and the Democratic Party. 715 00:36:47,840 --> 00:36:50,800 Speaker 2: At the same time, they backed the Chinese Companies Party 716 00:36:50,880 --> 00:36:53,600 Speaker 2: in eighty nine after Tineman Square, we're going to have 717 00:36:53,640 --> 00:36:56,600 Speaker 2: this conference on the anniversary of Tineman that we try 718 00:36:56,600 --> 00:36:59,480 Speaker 2: to have every year at Tieneman Square. 719 00:36:59,600 --> 00:37:01,680 Speaker 1: The Bush regime, the Bush. 720 00:37:01,440 --> 00:37:03,880 Speaker 2: With Scoutcroft and that crowd, the people that's supposed to 721 00:37:03,880 --> 00:37:06,600 Speaker 2: be Reagan's third term, they had essentially taken Reagan's second 722 00:37:06,640 --> 00:37:10,239 Speaker 2: term from him. They backed the Chinese Commies Party and 723 00:37:10,239 --> 00:37:11,800 Speaker 2: told them, hey, we're going to give you most favored 724 00:37:11,880 --> 00:37:14,799 Speaker 2: nation and world trade organization that went through the same 725 00:37:14,840 --> 00:37:17,960 Speaker 2: sort of globalist and people that were turning the United 726 00:37:18,000 --> 00:37:21,880 Speaker 2: States into the financialization of our economy, the service economy, 727 00:37:21,880 --> 00:37:24,439 Speaker 2: because they were going to ship all the manufacturing out 728 00:37:24,640 --> 00:37:26,880 Speaker 2: out of the Upper Midwest particular, that's where they're going 729 00:37:26,880 --> 00:37:31,480 Speaker 2: to start in the South with the textile business and 730 00:37:31,560 --> 00:37:34,319 Speaker 2: the clothing business, and out of places even like New 731 00:37:34,400 --> 00:37:37,640 Speaker 2: York City, the garment district all gone, all shipped away 732 00:37:38,080 --> 00:37:41,920 Speaker 2: because they promised the brave new world of services and 733 00:37:41,960 --> 00:37:45,600 Speaker 2: financialization with guess what it worked for the elites, the 734 00:37:45,680 --> 00:37:48,760 Speaker 2: people that conceived it, and the credential class they built 735 00:37:48,800 --> 00:37:51,759 Speaker 2: around them of the nbas and the law firms, and 736 00:37:51,800 --> 00:37:54,640 Speaker 2: the marketing groups and the communication groups, all that crowd 737 00:37:54,680 --> 00:37:55,759 Speaker 2: that goes to Davos. 738 00:37:57,120 --> 00:37:58,160 Speaker 1: They've done well. 739 00:37:58,800 --> 00:38:01,600 Speaker 2: The top one to three percent have now dominate on 740 00:38:01,719 --> 00:38:03,480 Speaker 2: ownership of the assets of the country. 741 00:38:03,520 --> 00:38:05,000 Speaker 1: The credential class. 742 00:38:05,000 --> 00:38:09,360 Speaker 2: Who are their lackeys, all have pretty good paying jobs. 743 00:38:09,400 --> 00:38:11,279 Speaker 2: Now they don't haven't been able to save any money. 744 00:38:11,320 --> 00:38:13,759 Speaker 2: They don't have a ton of assets. They've got some 745 00:38:13,960 --> 00:38:17,720 Speaker 2: that credential class. That whole middle class or working class 746 00:38:17,719 --> 00:38:19,440 Speaker 2: the Democratic Party abandoned. 747 00:38:21,880 --> 00:38:24,399 Speaker 1: This is to the core of President Trump. That's why 748 00:38:24,400 --> 00:38:25,960 Speaker 1: he said yes, say not not only is. 749 00:38:25,880 --> 00:38:27,440 Speaker 2: The only one wh could do it because of his 750 00:38:27,560 --> 00:38:30,440 Speaker 2: core belief he's the only one that has the moral 751 00:38:30,560 --> 00:38:33,600 Speaker 2: courage to do this and to stand with that heat. 752 00:38:33,640 --> 00:38:35,480 Speaker 2: Think of the heat over the weekend. And even now 753 00:38:35,520 --> 00:38:38,440 Speaker 2: he's bringing down the economy. He's going to have a 754 00:38:38,440 --> 00:38:42,600 Speaker 2: massive recession. He's going to cause a depression. This is 755 00:38:42,640 --> 00:38:46,880 Speaker 2: the same individual when they stole the twenty twenty election 756 00:38:47,840 --> 00:38:51,080 Speaker 2: and essentially ran him out of town to go back 757 00:38:51,120 --> 00:38:54,120 Speaker 2: to mar Lago. If he had been a good little 758 00:38:54,160 --> 00:38:56,879 Speaker 2: boy and played the game, they give him a big 759 00:38:56,960 --> 00:38:59,720 Speaker 2: book deal. They allow you know, the big golf turners 760 00:38:59,760 --> 00:39:01,800 Speaker 2: are and to his courses, everything had been fine. 761 00:39:03,320 --> 00:39:04,880 Speaker 1: His life had been pretty good. 762 00:39:06,120 --> 00:39:11,600 Speaker 2: He made a conscious decision, understanding that the Jacksmiths of 763 00:39:11,640 --> 00:39:15,000 Speaker 2: the world were out there, that they would indict him. 764 00:39:14,960 --> 00:39:17,400 Speaker 1: And send him to prison, to die in prison. They 765 00:39:17,400 --> 00:39:18,640 Speaker 1: would bankrupt him and. 766 00:39:18,640 --> 00:39:21,400 Speaker 2: Smear him and destroy his name and his reputation in 767 00:39:21,440 --> 00:39:25,400 Speaker 2: his families and all the people around him in his movement. 768 00:39:25,560 --> 00:39:26,600 Speaker 1: Remember those billboards. 769 00:39:26,640 --> 00:39:29,600 Speaker 2: Remember he told you to watch the film The Lives 770 00:39:29,640 --> 00:39:32,960 Speaker 2: of Others about the stass in East Germany and people 771 00:39:33,080 --> 00:39:35,480 Speaker 2: writing on each other, the psychology, that's what they were. 772 00:39:35,480 --> 00:39:39,279 Speaker 2: I remember those billboards. After January and President Trump went back, 773 00:39:39,360 --> 00:39:44,600 Speaker 2: he made a conscious decision. So ed Leos, with all 774 00:39:44,719 --> 00:39:49,640 Speaker 2: your knowledge and all that kind of Oxford Cambridge, British intelligence, 775 00:39:49,800 --> 00:39:54,799 Speaker 2: you missed the point. He's not a Roman emperor. He's Cincinnatus. 776 00:39:54,880 --> 00:39:59,080 Speaker 2: He's the American Cincinnatus. He came back from all that 777 00:39:59,680 --> 00:40:05,640 Speaker 2: con with intention, understanding that everything that was in front 778 00:40:05,640 --> 00:40:09,960 Speaker 2: of him, he was going to return to the White House. 779 00:40:10,920 --> 00:40:13,160 Speaker 2: And in returning to the White House, in those four 780 00:40:13,280 --> 00:40:17,320 Speaker 2: years of knowledge in working and building up cadres, building 781 00:40:17,400 --> 00:40:20,640 Speaker 2: up teams, subject matter experts that he was going to 782 00:40:20,760 --> 00:40:25,479 Speaker 2: drop the hammer in the hammer he has dropped. Don't 783 00:40:25,480 --> 00:40:28,319 Speaker 2: think the hammer's dropped. What do you think they're doing 784 00:40:28,320 --> 00:40:30,720 Speaker 2: in Beijing right now? What do you think there's conference 785 00:40:30,800 --> 00:40:35,279 Speaker 2: rooms in the Forbidden City are doing right now? What 786 00:40:35,320 --> 00:40:37,360 Speaker 2: do you think the Chinese Companist Party is doing tearing 787 00:40:37,360 --> 00:40:40,680 Speaker 2: their hair out about how to respond not to an 788 00:40:40,719 --> 00:40:45,760 Speaker 2: emperor but to a leader of men and women. Donald Trump, 789 00:40:45,800 --> 00:40:49,680 Speaker 2: who's dug in on this short break the word on. 790 00:40:49,760 --> 00:40:53,200 Speaker 1: The Hong Kong We will buying till the hot God. 791 00:40:53,960 --> 00:40:56,360 Speaker 4: We were joice with a most. 792 00:40:56,280 --> 00:41:02,320 Speaker 6: Down marbon PLOUSEI. Today we're going to have another huge warroom, 793 00:41:02,400 --> 00:41:06,000 Speaker 6: exclusive at wholesale prices. We're going to start with our 794 00:41:06,080 --> 00:41:09,880 Speaker 6: my towels with that proprietary technology. The bath towels that 795 00:41:10,000 --> 00:41:12,600 Speaker 6: came in the big bath sheets are in. The kitchen 796 00:41:12,680 --> 00:41:15,680 Speaker 6: towels are in with all the accessories as low as 797 00:41:15,800 --> 00:41:18,840 Speaker 6: nine to ninety nine. So go to MyPillow dot com, 798 00:41:19,040 --> 00:41:21,720 Speaker 6: scroll down to you see Steve, give them a click, 799 00:41:22,080 --> 00:41:25,000 Speaker 6: and there it is the kitchen and Towel nine ninety 800 00:41:25,080 --> 00:41:28,240 Speaker 6: nine sale. Right next to that you have the spring 801 00:41:28,320 --> 00:41:31,160 Speaker 6: sheet sale where you save up to fifty percent, and 802 00:41:31,239 --> 00:41:35,439 Speaker 6: there's the my Crosses. The most requested product I think 803 00:41:35,480 --> 00:41:39,040 Speaker 6: ever for my pillow is save thirty percent, and there's 804 00:41:39,080 --> 00:41:43,200 Speaker 6: the premium my pillows eighteen ninety eight for the Queens 805 00:41:43,280 --> 00:41:46,560 Speaker 6: and nineteen ninety eight for the Kings. That's a war 806 00:41:46,719 --> 00:41:50,600 Speaker 6: Room exclusive. Help keep my employees going, you guys, and 807 00:41:50,760 --> 00:41:53,440 Speaker 6: help yourself get the best sleep ever and the best 808 00:41:53,440 --> 00:41:56,959 Speaker 6: products ever. Or call eight hundred and eighty seven three 809 00:41:57,480 --> 00:42:01,520 Speaker 6: one zero six to eight hundred eight seven three one 810 00:42:01,680 --> 00:42:05,480 Speaker 6: zero six to two promo code Warrom the most sought 811 00:42:05,520 --> 00:42:07,120 Speaker 6: after promo code ever. 812 00:42:10,000 --> 00:42:13,080 Speaker 2: Mike is going to another throat surgery, and I understand 813 00:42:13,160 --> 00:42:16,880 Speaker 2: this one's the final one, but he'll be out for 814 00:42:16,920 --> 00:42:19,520 Speaker 2: a couple of days. The Great Mike Lindell and I 815 00:42:19,560 --> 00:42:21,640 Speaker 2: want to make sure Berry's prayers with Mike. I think 816 00:42:21,680 --> 00:42:23,880 Speaker 2: he's the third or fourth surgery here in the last 817 00:42:24,360 --> 00:42:27,960 Speaker 2: month or two on his throat. 818 00:42:28,680 --> 00:42:29,279 Speaker 1: Stephen A. 819 00:42:29,560 --> 00:42:33,560 Speaker 2: Smith has just put out I think something is quite important. 820 00:42:33,600 --> 00:42:35,000 Speaker 2: I want to make sure because I've been following this 821 00:42:35,040 --> 00:42:38,520 Speaker 2: one closely. Stephen A. Smith has said, this is a 822 00:42:38,560 --> 00:42:43,000 Speaker 2: tweet that just popped. Time to stop messing around. Life 823 00:42:43,120 --> 00:42:47,239 Speaker 2: is great, especially at ESPN. Disney hate the thought of 824 00:42:47,280 --> 00:42:51,439 Speaker 2: being a politician, but sick of this mess. So I'm 825 00:42:51,560 --> 00:42:55,960 Speaker 2: officially leaving all doors open, and he links to a 826 00:42:56,160 --> 00:43:00,200 Speaker 2: story about Stephen A. Smith is open to running from 827 00:43:00,200 --> 00:43:03,440 Speaker 2: President of United States for the Democratic Party in twenty 828 00:43:03,480 --> 00:43:06,320 Speaker 2: twenty eight. As I said, that's kind of that bracket. 829 00:43:06,320 --> 00:43:08,200 Speaker 2: You get the governor's bracket, and then you're going to 830 00:43:08,280 --> 00:43:10,640 Speaker 2: have the what I call the celebrities or the all 831 00:43:10,680 --> 00:43:14,440 Speaker 2: other bracket, which has Mayor Pete Boutaje Edge, It's going 832 00:43:14,520 --> 00:43:16,920 Speaker 2: to have Mark Cuban, I'll have Stephen A. 833 00:43:17,080 --> 00:43:21,080 Speaker 1: Smith. Who else will be over there? Newsom? Because Newsom's 834 00:43:21,080 --> 00:43:22,000 Speaker 1: not going to run as a governor. 835 00:43:22,040 --> 00:43:25,360 Speaker 2: The California model now exactly working, So he's going to 836 00:43:25,440 --> 00:43:28,200 Speaker 2: go to This is why the whole outreach of doing 837 00:43:28,400 --> 00:43:32,200 Speaker 2: conversations with people on the right on his podcast. There'll 838 00:43:32,239 --> 00:43:34,960 Speaker 2: be many others over that the governor's bracket. As I 839 00:43:35,000 --> 00:43:39,040 Speaker 2: said Governor Polus when I gave that rip on him 840 00:43:39,120 --> 00:43:42,120 Speaker 2: in Colorado, I don't think it will be quite quite 841 00:43:42,280 --> 00:43:45,080 Speaker 2: competitive because two racks so much other racal stuff coming 842 00:43:45,080 --> 00:43:47,560 Speaker 2: out of Colorado. We'll try to cover over the next 843 00:43:47,600 --> 00:43:50,840 Speaker 2: couple of days. President Trump is though once again I 844 00:43:50,840 --> 00:43:54,120 Speaker 2: should say dug in I think the term is dug 845 00:43:54,160 --> 00:43:58,799 Speaker 2: in on, dug in on what he's doing as far 846 00:43:58,880 --> 00:44:02,400 Speaker 2: as the tray goes, and it's going to be dug 847 00:44:02,400 --> 00:44:04,880 Speaker 2: in all, you know, for the next couple of days. 848 00:44:05,160 --> 00:44:05,680 Speaker 1: Tomorrow. 849 00:44:05,760 --> 00:44:10,600 Speaker 2: Actually the reciprocity part, not the baseline, but the reciprocess 850 00:44:10,600 --> 00:44:12,040 Speaker 2: he is supposed to kick in tomorrow. 851 00:44:12,200 --> 00:44:14,000 Speaker 1: So we're going to be on standby for that. 852 00:44:14,520 --> 00:44:17,600 Speaker 2: Like I said, President Trump, this gets back to the 853 00:44:17,640 --> 00:44:20,719 Speaker 2: core of why he ran for president. This is one 854 00:44:20,760 --> 00:44:24,719 Speaker 2: of his missions and mandates is to make America great again. 855 00:44:24,920 --> 00:44:27,320 Speaker 2: He doesn't believe he can make America great egun until 856 00:44:27,360 --> 00:44:33,080 Speaker 2: you return America as a manufacturing superpower. And his way 857 00:44:33,160 --> 00:44:37,200 Speaker 2: is to basically bend the world economics system to what's 858 00:44:37,239 --> 00:44:39,359 Speaker 2: been the post war international rules based order, in which 859 00:44:39,360 --> 00:44:42,239 Speaker 2: the American working you know, put on his shoulder of 860 00:44:42,280 --> 00:44:45,000 Speaker 2: the full faith and credit of all this. I think 861 00:44:45,040 --> 00:44:48,640 Speaker 2: Peter Shift is correct. I don't agree with him obviously 862 00:44:48,680 --> 00:44:50,520 Speaker 2: on trade or his aspects on trader. You're gonna have 863 00:44:50,520 --> 00:44:52,919 Speaker 2: a great debate tonight. He's a really quite brilliant guy. 864 00:44:53,640 --> 00:44:55,200 Speaker 2: I do agree with him, and we'll get into this 865 00:44:55,239 --> 00:44:57,839 Speaker 2: in ask the next couple of days. I just don't 866 00:44:57,920 --> 00:45:01,120 Speaker 2: understand this. You know, the re conciliation of it all. 867 00:45:01,480 --> 00:45:03,160 Speaker 2: I think it's now time we have to have an 868 00:45:03,160 --> 00:45:05,680 Speaker 2: adults conversation. The warm and posse is prepared to have it. 869 00:45:07,239 --> 00:45:09,400 Speaker 2: You know, you guys are doing so much, including backing 870 00:45:09,560 --> 00:45:11,879 Speaker 2: Article three and what the guys are. 871 00:45:11,800 --> 00:45:13,640 Speaker 1: Doing over there, the men and women are doing over. 872 00:45:13,480 --> 00:45:15,640 Speaker 2: There to make sure that we have these I think 873 00:45:15,680 --> 00:45:19,840 Speaker 2: bring up FOREI impeachment a couple of these federal judges 874 00:45:19,880 --> 00:45:22,399 Speaker 2: to make sure that people understand exactly what they're doing, 875 00:45:23,040 --> 00:45:28,320 Speaker 2: how radical they're being in trying to thwart President Trump. 876 00:45:28,840 --> 00:45:31,320 Speaker 2: But also folks have to I think we got to 877 00:45:31,320 --> 00:45:33,719 Speaker 2: get in this reconciliation bill, which now they want to 878 00:45:33,719 --> 00:45:35,680 Speaker 2: have a vote tomorrow. I don't think that's going to happen. 879 00:45:36,520 --> 00:45:38,160 Speaker 2: I don't know. I think there may be forty or 880 00:45:38,160 --> 00:45:40,680 Speaker 2: fifty votes in the House against it. One is kind 881 00:45:40,680 --> 00:45:44,080 Speaker 2: of confusing and to Peter Shift, it's not sustainable. President 882 00:45:44,080 --> 00:45:48,160 Speaker 2: Trump's had such amazing clarity here in the world economic 883 00:45:48,280 --> 00:45:51,520 Speaker 2: system and how it needs to be kind of reformatted 884 00:45:52,160 --> 00:45:54,920 Speaker 2: to make sure that the Americans are not getting not 885 00:45:55,000 --> 00:45:57,000 Speaker 2: just ripped off, but the American workers not having it 886 00:45:57,040 --> 00:46:01,880 Speaker 2: all based upon his shoulders. At that we have to 887 00:46:01,880 --> 00:46:05,239 Speaker 2: have the same type of clarity on this situation with 888 00:46:05,360 --> 00:46:08,959 Speaker 2: our debt, the refinancing of the debt spending in time 889 00:46:09,000 --> 00:46:12,720 Speaker 2: now to talk about cuts any of these two reconciliations 890 00:46:12,719 --> 00:46:14,600 Speaker 2: and budgets that really don't talk about cuts. And as 891 00:46:14,600 --> 00:46:16,719 Speaker 2: Peter Schiff said, we got to stop the nonsense of 892 00:46:16,760 --> 00:46:19,640 Speaker 2: talking about ten years. I understand that that's part of 893 00:46:19,680 --> 00:46:21,960 Speaker 2: a law that you have to do it, but it's 894 00:46:22,000 --> 00:46:24,359 Speaker 2: also meaningless. You have to talk about what you're going 895 00:46:24,400 --> 00:46:27,960 Speaker 2: to do in physical twenty six and I'm still waiting 896 00:46:27,960 --> 00:46:29,040 Speaker 2: for fiscal twenty five. 897 00:46:29,120 --> 00:46:29,480 Speaker 1: Folks. 898 00:46:30,400 --> 00:46:35,080 Speaker 2: Where are the impowments, Where are the recisions? Where's the fraud? 899 00:46:35,800 --> 00:46:38,960 Speaker 2: Where's stuff passed over to Justice Department, the FBI for 900 00:46:39,000 --> 00:46:40,680 Speaker 2: the fraud. We need to see this. We need to 901 00:46:40,680 --> 00:46:42,600 Speaker 2: see it now. We've worked on this thing long enough. 902 00:46:42,640 --> 00:46:46,160 Speaker 2: We can at least get there's been enough publicity, enough headlines, 903 00:46:46,280 --> 00:46:49,320 Speaker 2: enough talk. We need to see the reality. We need 904 00:46:49,320 --> 00:46:51,680 Speaker 2: to cut the twenty five budget. We agreed to the 905 00:46:51,719 --> 00:46:53,840 Speaker 2: cr for one reason. There were going to be impoundments. 906 00:46:53,880 --> 00:46:54,720 Speaker 2: There are recisions. 907 00:46:54,719 --> 00:46:55,279 Speaker 1: Where are they? 908 00:46:56,000 --> 00:46:59,239 Speaker 2: The twenty six budget can't the twenty six budget. These 909 00:46:59,239 --> 00:47:01,640 Speaker 2: budgets can't have two and a half tree dollar deficits. 910 00:47:02,760 --> 00:47:06,560 Speaker 2: It's just mathematically not going to work. Even with changing 911 00:47:06,600 --> 00:47:10,440 Speaker 2: the world economic system and tariffs and trade, you can't 912 00:47:10,480 --> 00:47:12,520 Speaker 2: you can't use. Eventually, you're going to have to get 913 00:47:12,560 --> 00:47:16,799 Speaker 2: to cut spending. Tax Network USA. I want to make 914 00:47:16,840 --> 00:47:19,320 Speaker 2: sure people go, particularly as the fifteenth comes upon, is 915 00:47:19,360 --> 00:47:22,400 Speaker 2: the the IDEs of April come upon. You go to 916 00:47:22,440 --> 00:47:25,400 Speaker 2: Tax Network USA TNUSA dot com. 917 00:47:25,440 --> 00:47:28,160 Speaker 1: Get bettered, You get a free consultation. Talk to the 918 00:47:28,239 --> 00:47:28,759 Speaker 1: folks today. 919 00:47:28,800 --> 00:47:30,799 Speaker 2: If you have any fear you don't quite understand what's 920 00:47:30,840 --> 00:47:32,880 Speaker 2: going on, But particularly if you have a letter from 921 00:47:32,920 --> 00:47:36,080 Speaker 2: the IRS, you have an option before you call the arts, 922 00:47:36,080 --> 00:47:38,880 Speaker 2: because you got to make contact. You have to make contact. 923 00:47:39,280 --> 00:47:41,880 Speaker 2: Talk to these folks first. You get a free consultation. 924 00:47:41,960 --> 00:47:42,640 Speaker 2: You give them all. 925 00:47:42,560 --> 00:47:44,319 Speaker 1: Everything you got, your letter, all that. 926 00:47:44,960 --> 00:47:48,240 Speaker 2: Have a talk with the people at tax Network TNUSA 927 00:47:48,400 --> 00:47:49,040 Speaker 2: dot com. 928 00:47:49,320 --> 00:47:50,440 Speaker 1: Also Jim Rickards. 929 00:47:50,520 --> 00:47:52,680 Speaker 2: Maybe try to get Rickards on six o'clock and I 930 00:47:52,719 --> 00:47:55,560 Speaker 2: talk about the pregame. There's a debate at zero heads 931 00:47:55,560 --> 00:48:02,240 Speaker 2: tonight at seven Spencer Morrison against Peter Schiff, two opposing views. 932 00:48:02,239 --> 00:48:06,600 Speaker 1: Gonna be fantastic. Jim Rickards, Rickords war Room dot. 933 00:48:06,320 --> 00:48:11,680 Speaker 2: Com, slash Bannon. You get the free book Artificial Intelligence. 934 00:48:11,800 --> 00:48:14,080 Speaker 2: That hour last night, shake you a little bit? Should 935 00:48:14,080 --> 00:48:18,640 Speaker 2: have we wanted to? Okay, the Great Charlie Kirk is 936 00:48:18,800 --> 00:48:22,120 Speaker 2: next two hours of populist nationalism here in Real America's voice, 937 00:48:22,120 --> 00:48:25,080 Speaker 2: followed by Posto, Jack Pisobak, Steve Gruber. 938 00:48:25,120 --> 00:48:25,720 Speaker 1: Eric Bowling. 939 00:48:25,800 --> 00:48:29,120 Speaker 2: I will do the handover from Bowling today five and 940 00:48:29,239 --> 00:48:32,440 Speaker 2: seven tonight, leading up to the debate on zero Hedge. 941 00:48:32,560 --> 00:48:34,280 Speaker 1: We would be back. We're going to leave you now 942 00:48:35,160 --> 00:48:37,000 Speaker 1: to jack you up off. 943 00:48:37,040 --> 00:48:40,840 Speaker 2: A magnificent classic novel, actually not a novel, it's actually 944 00:48:41,000 --> 00:48:44,480 Speaker 2: new journalism The Right Stuff by Tom Wolfe, a fabulous 945 00:48:44,520 --> 00:48:47,879 Speaker 2: movie by Philip Culkin, a classic and Academy Award winning 946 00:48:48,000 --> 00:48:49,839 Speaker 2: music by Bill Contact See it five