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Speaker 1: Let's talk about the resistance. We're seeing what's going on.

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Speaker 1: Do we pay for a terrorist college? We have Carol

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Speaker 1: Roth joining us, Benjamin Winegarden, who the oros us?

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Speaker 2: What a show tonight?

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Speaker 1: I'm right. Before we get into the system and the

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Speaker 1: resistance and all that stuff for two nights in a row,

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Speaker 1: we sadly have to honor the fallen. We always honor

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Speaker 1: the fallen who died during training because they are forgotten.

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Speaker 2: And now we lost another one.

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Speaker 1: The Coastguard seamen Brian k Lee was doing counter drug patrols,

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Speaker 1: went over the.

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Speaker 2: End, went over the side.

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Speaker 1: They've been looking for him for one hundred and ninety hours,

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Speaker 1: finally called off the search. We lost them to the deep.

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Speaker 1: So rest in peace, warrior prayers for the family. All right,

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Speaker 1: All right, now, before I get into the specifics about

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Speaker 1: what's happening and what happened at FEMA, what apparently happened

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Speaker 1: at the FBI, and everything else, I just want to

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Speaker 1: recap this so we can discuss.

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Speaker 2: Where we are and why we are where we are.

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Speaker 1: As we've talked about before, the communist, no matter where

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Speaker 1: you find him, whether it's the Soviet Union in nineteen thirty,

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Speaker 1: the two of the United States of America in the

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Speaker 1: Year of Our Lord twenty twenty five. The communist believes

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Speaker 1: in force. He believes in forcing his views, forcing.

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Speaker 2: His worldview on others.

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Speaker 1: He has never been concerned with popularity at all. He'll

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Speaker 1: take it if he can have it, if you give

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Speaker 1: it to him, but that has never been his concern.

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Speaker 1: If you don't agree with what he wants, just just

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Speaker 1: force it. He'll lie and do whatever he can to

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Speaker 1: force it. That's what he believes. You must be forced

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Speaker 1: to conform. Now that brings us to the United States

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Speaker 1: of America. Communists try for the longest time to get

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Speaker 1: through in this country, to break through, to really gain

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Speaker 1: hold of something. But something kept happening to them, you see.

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Speaker 1: They kept running up against that wall that protects or

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Speaker 1: destroys your country. Wherever you happen to be, that would

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Speaker 1: be your institutions. And you can consider your institutions things

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Speaker 1: like government institutions, religious institutions, corporate institutions, education institutions. The

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Speaker 1: institutions of a nation are the pillars that hold it up.

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Speaker 1: Well back in the sixties, when the radicals like the

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Speaker 1: Weather Underground were chucking nail bombs around and things like

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Speaker 1: that they weren't getting the communist revolution moving. They couldn't

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Speaker 1: get a moving in this country. It was frustrating them

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Speaker 1: to no end. Why because they were slamming into the institutions.

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Speaker 2: So what to do? What to do? Well, they went

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Speaker 2: back to the drawing board.

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Speaker 1: And there are a lot of communists like Antonio Gramsci

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Speaker 1: and others who came up with this. They said, Hey,

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Speaker 1: if we're running into the institutions, if the institutions of

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Speaker 1: these countries are stopping the revolution, why don't we just

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Speaker 1: take them over. It'll be a long, hard, slow slog,

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Speaker 1: But why don't we march through the institutions. And it

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Speaker 1: was actually Antonio Gramsci who came up with that, saying,

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Speaker 1: the long march.

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Speaker 2: Through the institutions.

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Speaker 1: If you're the weather underground and you're trying to foment

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Speaker 1: a communist revolution in the United States of America and

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Speaker 1: the FBI keeps stopping you because you're a dirtball terrorist,

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Speaker 1: well the solution is not more nail bombs. The solution

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Speaker 1: is simply take over the FBI. It'll take time, it'll

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Speaker 1: take effort, but you'll get there. If you're focused on

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Speaker 1: the other side is lazy and naive well the other side,

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Speaker 1: US for decades have been lazy and naive, and they

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Speaker 1: have been marching year after year after year after year.

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Speaker 1: They have been marching through the institutions, and we, you

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Speaker 1: and I, we finally got to see the evidence of

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Speaker 1: what that looks like during the George Floyd protests as

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Speaker 1: great example, all of a sudden we found out, wait

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Speaker 1: a minute, even the government doctors want people to riot. Remember,

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Speaker 1: they wouldn't even tell people to stay. Social distancing doesn't

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Speaker 1: count if you're protesting. We're all looking around like, wait,

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Speaker 1: what during COVID what? COVID's actually probably the best example.

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Speaker 1: If you're like me and you saw the truth very

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Speaker 1: early on, you sat and watched every single institution in

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Speaker 1: the country speak with one voice, and it was all

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Speaker 1: I and you're thinking, you're thinking to yourself, how does

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Speaker 1: that happen? Well, we were asleep at the wheel, myself included,

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Speaker 1: for years, and they were marching forward, forward, forward. Now

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Speaker 1: as it pertains to the government, that was obviously it's

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Speaker 1: one of, if not the most crucial institutions in the country,

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Speaker 1: and they've been marching decades.

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Speaker 2: They've been marching.

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Speaker 1: Roughly three million federal employees and who in large parts

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Speaker 1: seeks out those positions communists, subversives who intend to go

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Speaker 1: in there and push the revolution forward. Whether it's a

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Speaker 1: Republican president a Democrat president, they go to work every

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Speaker 1: single day with focus, with a mission. They're fighting a revolution.

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Speaker 1: You mean, we're going to work blissfully unaware that our

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Speaker 1: own government is working against us. And as I already

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Speaker 1: pointed out during COVID, during George Floyd's protest things like that,

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Speaker 1: we saw just how much of a system.

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Speaker 2: They had built.

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Speaker 1: And that brings us to this, to where we are today.

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Speaker 1: Donald Trump gets elected. Donald Trump gets elected because the

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Speaker 1: American people woke up one day and were mortified by

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Speaker 1: what was happening to their country. A wide open border,

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Speaker 1: they can't afford eggs any more, government of malfeasans, to

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Speaker 1: put it mildly, the American people watch them shoot Donald Trump,

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Speaker 1: arrest him.

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Speaker 2: The mortified. The American people were mortified.

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Speaker 1: You look at those election results, that's a complete rejection

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Speaker 1: of all this.

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Speaker 2: Well that sounds good. It's good, right, I think it's good.

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Speaker 1: You think it's good. Everything good, But they're all still there.

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Speaker 1: You see, remember that final form they reached where they

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Speaker 1: had complete control of everything. Well, just because Donald Trump

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Speaker 1: won an election, that don't change a thing. They're all

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Speaker 1: still there. And so what we're seeing now is a

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Speaker 1: more advanced form, much more advanced form of what we've

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Speaker 1: seen before. And that is, as soon as Republicans win

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Speaker 1: an election, Democrats go back to being revolutionaries. Throw sand

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Speaker 1: in the gears. Resist, always have to resist everywhere you go.

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Speaker 1: And now we have a fight on our hands, you see.

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Speaker 1: I mean, here's a great example. We found this out today.

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Speaker 1: FEMA just had to let go of some people, fired

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Speaker 1: some people. Why Donald Trump administration walks in starts talking

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Speaker 1: about things like even disbanding FEMA very clearly we're done

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Speaker 1: with supporting illegals and things like that. Issues a bunch

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Speaker 1: of executive orders. But remember remember what the communist was

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Speaker 1: doing while you and I were asleep.

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Speaker 2: It was marching.

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Speaker 1: FEMA's chief financial officer said, oh, is that what Trump wants?

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Speaker 2: That's not my problem.

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Speaker 1: Here's a fifty nine million dollar check of the taxpayers

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Speaker 1: to pay for luxury hotels for illegals.

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Speaker 2: And they did this last week.

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Speaker 1: Last week, Trump was what two weeks into his presidency.

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Speaker 1: The communists that FEMA didn't miss a beat because she

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Speaker 1: was fighting a revolution while she being the chief financial officer.

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Speaker 1: And it doesn't at all stop with FEMA. You see,

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Speaker 1: we now are remember that Ice raid. We'd started to

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Speaker 1: get word I think this was last week, started to

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Speaker 1: get word, but that people were saying the Ice they

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Speaker 1: were trying to do a bust and it was almost

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Speaker 1: like someone had tipped people off. They showed up to

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Speaker 1: get Trendy Aragua and Trenday Arragua was gone. But Tom

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Speaker 1: Holman went to the news and dropped the bomb today

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Speaker 1: on how that happened?

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Speaker 2: Isorr Tom Holman?

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Speaker 3: Tom, where are these leaks coming from?

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Speaker 4: Well, look, we're thinking it's coming from inside, and we

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Speaker 4: know the first leak of Aurora is under current investigation.

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Speaker 4: We think we identify that person under investigation right now.

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Speaker 4: The California League Secretary Nome, you know, she's correct. Some

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Speaker 4: of the information we're receiving tensive lead toward the FBI.

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Speaker 4: But I talked to the Deputytorney General all this weekend.

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Speaker 4: They've opened up a criminal investigation and they have promised

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Speaker 4: that not only this person will lose their job and

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Speaker 4: lose their pension, they will go to jail. They won't

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Speaker 4: criminally prosecute.

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Speaker 1: So now I'm thrilled to hear that jail thing. We'll

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Speaker 1: get to Pam bonding in just the moment. But just

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Speaker 1: pause for a second and think about where we are

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Speaker 1: as a country. Donald Trump is much better administration in

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Speaker 1: their kicking butt taken names, moving forward, rounding up the

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Speaker 1: illegal alien rapists and murderers Joe Biden brought into the

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Speaker 1: country on purpose, and the Federal Bureau of Investigation tipped

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Speaker 1: someone off to ensure the rapists and murderers could escape arrest.

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Speaker 1: Three million people in the federal government, give or take

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Speaker 1: how many communist revolutionaries do we have to fight? And

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Speaker 1: along the lines of fighting them, you wake up every

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Speaker 1: day now you look at your phone and you see

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Speaker 1: news story after news story about this activist judge stopping this,

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Speaker 1: this activist judge stopping that. Remember all those stories about

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Speaker 1: all the judges Joe Biden was putting on the courts, Well,

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Speaker 1: he wasn't doing that to protect the.

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Speaker 2: Rule of law.

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Speaker 1: They were doing that to cement to shield the communist

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Speaker 1: system they had already put into place into this country.

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Speaker 1: So now we we have judges essentially running the United

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Speaker 1: States of America, or if they're not running it. They're

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Speaker 1: in the very least stopping any good Donald Trump might

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Speaker 1: try to do with this country.

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Speaker 2: And that brings me to Pambondy.

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Speaker 1: And what I'm about to say is not an insult

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Speaker 1: to Pambondi because I don't know yet.

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Speaker 2: She's been there for five minutes. I don't know yet.

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Speaker 2: I'm happy Tom.

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Speaker 1: Holman's talking about people going to jail, But Pam Bondy

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Speaker 1: is going to have to turn herself into a villain

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Speaker 1: very very very quickly.

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Speaker 2: Pambondy is going to have to.

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Speaker 1: Start marching government employees into federal prison.

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Speaker 2: That's what it will take. Not resignations. We see that

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Speaker 2: all the time.

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Speaker 1: He's been re resigned, not reassignments, not even firings, not

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Speaker 1: the revocation of vocation. I don't know how to say that.

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Speaker 1: Word of security clearance is no, no, no, no, no no.

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Speaker 1: That's child stuff. The communist revolutionaries inside of the federal

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Speaker 1: government must see their fellow communist revolutionaries marched into federal

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Speaker 1: prison for years in years in years, because the communist

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Speaker 1: only understands fear and pain.

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Speaker 2: So Pam Bondi's on the news talking like this, So if.

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Speaker 5: Anyone leaks anything, people don't understand that jeopardizes the lives

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Speaker 5: of our great men and women in law enforcement. And

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Speaker 5: if you leaked it, we will find out who you

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Speaker 5: are and we will come after you. And it's not

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Speaker 5: going to stop our mission. It's not going to stop

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Speaker 5: the President's mission to make America safe again. We were

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Speaker 5: very clear with the lawsuit that we filed in Chicago

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Speaker 5: that if you don't follow the law, you will be

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Speaker 5: prosecuted by the Department.

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Speaker 1: Okay, that's great, that sounds great again, I'm not insulting her.

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Speaker 1: That better happened, and it's not one person. We don't

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Speaker 1: need to see one person going to federal prison. No

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Speaker 1: more tiptoeing around this whole thing. We are most definitely

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Speaker 1: fighting a war, a political war, by the grace of God.

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Speaker 1: But we are fighting a war against communists who are

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Speaker 1: not going to just hand back power because they got

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Speaker 1: their butts kicked during an election cycle. Pam Bondi better

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Speaker 1: turn herself into a fang wielding pit bull who sends

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Speaker 1: communists to federal prison by the dozen.

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Speaker 2: All that may have made you uncomfortable, but I am right.

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Speaker 1: Remember we all have a role to play when it

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Speaker 1: comes to fighting that communist system. That's been cemented into

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Speaker 1: place in this country.

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Speaker 2: You and I do too. Where do you spend your money?

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Speaker 1: Because the truth is it's not just our taxes that

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Speaker 1: have been funding communist activity in this country. I brought

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Speaker 1: up the George Floyd protests. Who do you have your

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Speaker 1: cell phone with? Who's your cell phone company at? And

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Speaker 1: T T Mobile? No, look them up in the name

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Speaker 1: George Floyd. See what they were doing with your money

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Speaker 1: when the communist revolution was ramping up in this country.

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Speaker 1: Switch you can switch your cell phone. Takes ten minutes

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Speaker 1: on the phone.

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Speaker 2: It's okay. You can do it online.

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Speaker 1: Puretalk dot com slash jessetv.

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Speaker 2: They make it easy.

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Speaker 1: You'll pay less, you don't sacrifice coverage because they're on.

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Speaker 2: The same network and they love this country.

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Speaker 1: They weren't doing anything but still rooting for America back

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Speaker 1: during all this stuff. Puretalk dot com slash jessetv.

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Speaker 2: We'll be back. Well.

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Speaker 1: The animals are in the streets rioting over cutting government funding,

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Speaker 1: which is absolutely hilarious to me in so many ways.

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Speaker 1: Joining me now to talk about all this FEMA nonsense

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Speaker 1: and other things, my friend United States Marine and national

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Speaker 1: correspondent for the Blaze Julio rose Us. Okay, Julio, could

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Speaker 1: you walk those lots of people woke up this morning

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Speaker 1: and they were stunned to find out we were paying

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Speaker 1: for any hotels for illegals. Obviously, this is something you've

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Speaker 1: been all over for a very long time. But can

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Speaker 1: you please explain why we're sending fifty nine million dollars

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Speaker 1: to New York City to put Loope up in the Roosevelt.

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Speaker 6: It's because it really, at the end of the day,

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Speaker 6: it was just so that Biden Harris administration at the time,

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Speaker 6: along with the sanctuary city officials, it was to avoid

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Speaker 6: the objects of having homeless migrants on the street.

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Speaker 7: That's basically all it was.

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Speaker 6: Because obviously, while some people who did crossover I legally

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Speaker 6: had support system, whether it was family or.

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Speaker 7: Friends, a lot of people didn't.

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Speaker 6: Because, yes, surprise, a lot of people are going to

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Speaker 6: want to come and take advantage of the open border policy.

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Speaker 6: But more than that, actually I just saw this today

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Speaker 6: at a border report.

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Speaker 2: Not only have we been paying for the.

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Speaker 7: Hotels secure in the United States.

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Speaker 6: But USA was also paying the migrant shelters in Mexico.

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Speaker 6: And on top of that, the Mexicans were smart enough

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Speaker 6: to do that because the Mexican government did not support

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Speaker 6: any of these shelters along the border, so we were

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Speaker 6: literally supporting them virtually the entire way through through our

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Speaker 6: tax dollars. And so that's why when you see people protesting,

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Speaker 6: you know, cutting this waste, fraud, an abuse, they truly

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Speaker 6: have even they themselves who are in the system Suly

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Speaker 6: don't really understand just how much money is being wasted.

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Speaker 6: Or the worst part is they do and they wanted

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Speaker 6: to continue one of that money, you know, gravy train

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Speaker 6: to continue anyway.

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Speaker 2: Julio, it's honestly, it's a little bit.

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Speaker 1: I'm the worst cynic in the world, and I've always

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Speaker 1: been talking about this level of corruption.

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Speaker 2: But even me, you.

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Speaker 1: Wake up every day and you find out new details

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Speaker 1: of just how deep the rot goes within our government

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Speaker 1: and how many parts of our government were focused on

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Speaker 1: wrecking this country.

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Speaker 2: It's a it's a lot to take in, is it not.

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Speaker 6: Yeah, And it would be one thing if our country

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Speaker 6: was in better shape than than it currently is, because obviously,

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Speaker 6: when you when you look at what happened in western

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Speaker 6: western North Carolina, like California and Maui, and how just

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Speaker 6: how horrible the victims and the survivors were treated by

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Speaker 6: the federal government, and all of a sudden, they're like, actually, no,

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Speaker 6: we can't spend that much money, and you know, you

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Speaker 6: got to jump through all these loopholes. And yet when

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Speaker 6: it comes to people invading our country or people who

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Speaker 6: are just on the other side of the world and

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Speaker 6: how they are getting preference for treatment, of course, I

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Speaker 6: mean it gets my I mean, just as a tax payer, right,

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Speaker 6: it's like, why are we paying taxes here? You know,

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Speaker 6: like why why are why are us citizens always constantly

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Speaker 6: just being just like kind of like a blood bag.

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Speaker 7: We're just constantly just being sucked dry here.

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Speaker 6: And so I I think I think it's I think

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Speaker 6: it's gonna be you know, a little bit. It's gonna

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Speaker 6: take a little bit for for all that to kind

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Speaker 6: of permeate through through people who are obviously not as

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Speaker 6: hyper aware of the news. But I'm going to guess

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Speaker 6: in two to three years from now, people are going

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Speaker 6: to really kind of see the benefits from all of

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Speaker 6: you know, within the country, the benefit of all of

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Speaker 6: all this one.

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Speaker 7: Being brought to light. But then number two, most importantly.

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Speaker 8: Stop.

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Speaker 1: Tell me about the border patrol guys, Right, now I

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Speaker 1: know you have many, many friends in that organization. They've

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Speaker 1: got to be doing freaking backflips.

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Speaker 7: It is really big.

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Speaker 6: Yeah, I mean, obviously this is something that they've been

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Speaker 6: waiting for a very for a very long time. Even

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Speaker 6: just the other day, one of them texted me being

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Speaker 6: just extatict over how the PRIDE web page for Customs

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Speaker 6: and Border Protection had been taken down, because that has

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Speaker 6: nothing to do with the mission at hand, right, that

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Speaker 6: has nothing to do with, you know, all the effort

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Speaker 6: to to you know, in theory securing the border, which

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Speaker 6: obviously wasn't happening in the past four years. So, I mean,

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Speaker 6: just the fact that even if you look at what Texas, right,

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Speaker 6: I mean, Texas was really the epicenter for many years

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Speaker 6: because it shares, you know, the largest part of the

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Speaker 6: border with Mexico.

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Speaker 7: I mean, the border crossings are down.

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Speaker 6: I mean five hundred crossings a day, three hundred I

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Speaker 6: legal crossings a day.

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Speaker 7: I mean that is astounding.

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Speaker 6: I mean we would see five hundred people at a

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Speaker 6: single time during the day, and so to see that

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Speaker 6: this being all along the border, this really just shows

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Speaker 6: how one this was being allowed to happen. You know,

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Speaker 6: this was being encouraged to happen by the US government,

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Speaker 6: by the Bien Harris administration. And two, it just shows

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Speaker 6: how idiotic the quote unquote by partisan border build that

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Speaker 6: was being proposed in the Senate last year.

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Speaker 7: Is how much of a farce that was.

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Speaker 6: Because they say, oh, actually we need to allow up

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Speaker 6: to five thousand legal crossings a day before an emergency declaration.

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Speaker 6: It's like, no, that that was totally unnecessary, that was

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Speaker 6: totally it was just it was just a shell game.

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Speaker 7: It was just playing politics, as as DC likes to do.

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Speaker 6: So yeah, I'm finally glad that that aspect is over.

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Speaker 6: But as you know, now we're shifting to the interior

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Speaker 6: enforcement and the removals. I mean that that's kind of

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Speaker 6: the next that is the next big battle. And that's

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Speaker 6: why Tom Holman is literally today, you know, it was

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Speaker 6: begging Congress for more money because like sure, he said,

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Speaker 6: the numbers are good in terms of arrest, you know,

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Speaker 6: they're trending in a good direction, but it's not good enough,

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Speaker 6: especially with you know, they only have four years for

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Speaker 6: guaranteed years to kind of undo the damage.

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Speaker 7: Of the previous four years.

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Speaker 1: Yeah, four years, six thousand ice agents about fifty million

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Speaker 1: legals to get out of the country. The math doesn't

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Speaker 1: exactly pencil out there. Julio, my brother, thank you, come

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Speaker 1: back to join us soon.

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Speaker 2: Sepifi, of course. Thanks all right, Benjamin.

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Speaker 1: Winegardens all over this government corruption. Let's talk about the Pentagon.

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Speaker 1: That audit is still to come. We'll dig into this

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Speaker 1: USAID stuff some more before we get to Benjamin, let's

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Speaker 1: talk about expenses. Do you ever have to do expenses

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00:19:38,320 --> 00:19:40,560
Speaker 1: with your company? How much time would you say your

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00:19:40,560 --> 00:19:42,520
Speaker 1: company spends on expenses?

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Speaker 2: We have to categorize this. I need the proceeds for that.

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Speaker 2: You got to run this down, run that down. I

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Speaker 2: got through to my house. My wife does the expenses,

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00:19:51,480 --> 00:19:54,320
Speaker 2: always figuring out what'd you buy here? Where would you But.

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Speaker 1: You know there's a card, there's a corporate card who

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Speaker 1: takes all that away.

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Speaker 2: How much time would you see?

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00:20:00,680 --> 00:20:02,439
Speaker 1: How much money would you save if you could just

375
00:20:02,560 --> 00:20:05,959
Speaker 1: use a card called Ramp and it does it all

376
00:20:06,000 --> 00:20:10,480
Speaker 1: for you. That card exists. Go get the Ramp card.

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00:20:10,600 --> 00:20:14,760
Speaker 1: It'll make your life so much freaking easier. Categorize it

378
00:20:14,800 --> 00:20:17,600
Speaker 1: gets everything laid out for you. It's like having your

379
00:20:17,680 --> 00:20:21,760
Speaker 1: own finance team, only it's your own card, So go

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00:20:21,800 --> 00:20:25,280
Speaker 1: pick one up and now, for a limited time, listeners

381
00:20:25,280 --> 00:20:28,040
Speaker 1: to this show can get two hundred and fifty dollars

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00:20:28,119 --> 00:20:32,600
Speaker 1: when you join RAMP. Just gotta ramp dot com slash Jesse.

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00:20:33,240 --> 00:20:37,720
Speaker 1: That's ramp dot com slash Jesse cards issued by Sutton

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00:20:37,800 --> 00:20:38,960
Speaker 1: Bank Member FDIC.

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Speaker 2: Terms and conditions apply. We'll be back.

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Speaker 1: Well, you may be a little bit bummed out when

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Speaker 1: you check your bank account. You're trying to figure out

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Speaker 1: how you're going to pay for college for little Aiden,

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Speaker 1: Jaden and Braden who you're raising. But I have great

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Speaker 1: news for you. You have already paid for the college

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Speaker 1: of others. Not granted they appear to be scumbag terrorists,

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Speaker 1: but hey, you paid for somebody's college. Joining me now,

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Speaker 1: Benjamin Winegarden, Editor at Large of Real Clear Investigations. Okay, hey, Ben,

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Speaker 1: have we been paying for terrorists to go to college

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Speaker 1: in this country?

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Speaker 9: Paying for terrorists to go to college, paying for terrorists

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Speaker 9: to be able to build their heroin businesses, to fund

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Speaker 9: their Jihannis efforts to take out Americans and our allies.

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Speaker 9: And you know, as you were doing that intro, I

400
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Speaker 9: was thinking, the way to pay for your kids college

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00:21:34,359 --> 00:21:38,280
Speaker 9: is to set up a democracy focused NGL and then

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Speaker 9: use the funds to underwrite their education.

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Speaker 8: That's the way to do it.

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Speaker 1: God, it's just I feel so filthy even discussing how

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Speaker 1: horrible this system is. Okay, Ben, So for all the

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Speaker 1: people who are a little confused on what we're talking about,

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Speaker 1: break down some details.

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Speaker 2: What do we discover today?

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Speaker 1: With the next with the newest USAID discussies?

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Speaker 8: Where to begin?

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Speaker 9: There's so many different layers to the scandal of the

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Speaker 9: fifty billion dollar a year so called independent and I

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Speaker 9: guess acting as an independent agency of the federal government.

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Speaker 9: And I think the easiest way to think about it is,

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Speaker 9: first you have the radical gender ideology and sexual perversion

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Speaker 9: side of things, which is quote unquote lgbtqia, plus advocacy

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Speaker 9: in countries all over the world, funding of of course,

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Speaker 9: chemical castration and hormone therapy, including for minors I believe,

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Speaker 9: in foreign countries, guides on how to keep yourself safe,

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Speaker 9: primarily in the Middle East, to the extent you're an

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Speaker 9: LGBTQ advocate, so probably generating some resentment from foreign regimes.

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Speaker 9: Then you get to the things like to your point,

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Speaker 9: hundreds of millions of dollars or more that have ultimately

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Speaker 9: redounded to the benefit of the Taliban and Afghanistan HOTTA.

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Speaker 8: Groups in Syria.

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Speaker 9: And beyond, of course the funding to the Eco Health Alliance,

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Speaker 9: which ultimately ended up in the Wuhan lab and contributed

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Speaker 9: to the pandemic that destroyed our liberty, our finances. And

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Speaker 9: beyond and then beyond those disastrous efforts, I think is

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Speaker 9: the fact that this sort of colorful revolution type work

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Speaker 9: and the funding of jihadis really diverts our gay is

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Speaker 9: from the regime change kind of behavior that USAID has

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Speaker 9: been behind for years. And you know, during the Cold

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Speaker 9: War when USAID was created, there was a soft power rationale.

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Speaker 9: It was you have to promote democracy in parts of

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Speaker 9: the world that the communists controlled, to undermine them, contain them,

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Speaker 9: and ultimately triumph over them. But the problem is essentially

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Speaker 9: that today's Marxist took over USAID and all of these

439
00:23:57,800 --> 00:24:01,880
Speaker 9: other institutions in the fact eral government and have used

440
00:24:01,880 --> 00:24:07,240
Speaker 9: that to export their revolution abroad and really ultimately undermine

441
00:24:07,320 --> 00:24:10,800
Speaker 9: us with our tax dollars. And the last part I'll

442
00:24:10,840 --> 00:24:14,240
Speaker 9: make briefly is this has basically been an administrative state

443
00:24:14,760 --> 00:24:18,639
Speaker 9: that we have been funding via these NGOs some foreign

444
00:24:18,680 --> 00:24:22,399
Speaker 9: and some domestic, that serves as an extension of the

445
00:24:22,440 --> 00:24:27,919
Speaker 9: government administrative state, totally unelected, unaccountable, paid for with our

446
00:24:28,080 --> 00:24:32,240
Speaker 9: tax dollars to spread left wing radicalism around the world,

447
00:24:32,720 --> 00:24:35,720
Speaker 9: and of course line the pockets of the allies of

448
00:24:35,720 --> 00:24:37,359
Speaker 9: our government here at home.

449
00:24:38,960 --> 00:24:43,960
Speaker 1: Good God, it so gross, Ben, What about media organizations?

450
00:24:44,000 --> 00:24:45,560
Speaker 2: At least at least.

451
00:24:45,320 --> 00:24:47,720
Speaker 1: Tell me I haven't been going to work every single

452
00:24:47,800 --> 00:24:50,439
Speaker 1: day and the government sticking its filthy fingers in my

453
00:24:50,520 --> 00:24:53,760
Speaker 1: wallet and handing it to media organizations who hate me.

454
00:24:53,840 --> 00:24:55,360
Speaker 2: That hasn't been happening, right, Ben.

455
00:24:57,000 --> 00:25:01,320
Speaker 9: Got some bad news. Unfortunately for you. You've been funding

456
00:25:01,720 --> 00:25:06,600
Speaker 9: primo subscriptions to Politico Pro and subscriptions to the New

457
00:25:06,680 --> 00:25:10,080
Speaker 9: York Times and the AP and Bloomberg services and Reuter

458
00:25:10,240 --> 00:25:16,200
Speaker 9: services and beyond, and amazingly the gas lighting from these

459
00:25:16,640 --> 00:25:21,359
Speaker 9: news outlets, who, as you noted, hate your guts. Is that, well, look,

460
00:25:21,440 --> 00:25:25,240
Speaker 9: government agencies, government agents need to be able to read

461
00:25:25,280 --> 00:25:28,879
Speaker 9: the vital information, much of which the government agencies themselves

462
00:25:29,119 --> 00:25:32,760
Speaker 9: leak to these outlets that they produce in their premium

463
00:25:32,840 --> 00:25:36,280
Speaker 9: and paywald content and beyond it. My view is as

464
00:25:36,320 --> 00:25:38,760
Speaker 9: perverse as it is that our tax dollars are paying

465
00:25:39,359 --> 00:25:44,520
Speaker 9: for subscriptions for government agents to read obviously bias publications.

466
00:25:45,080 --> 00:25:48,560
Speaker 9: Of course, you know they're not funding any conservative outlets

467
00:25:49,000 --> 00:25:50,160
Speaker 9: via these subscriptions.

468
00:25:50,960 --> 00:25:52,480
Speaker 8: Even more perverse is.

469
00:25:52,440 --> 00:25:54,680
Speaker 9: That while on the one hand they pay them off

470
00:25:54,840 --> 00:25:57,160
Speaker 9: to some degree in millions of dollars in the case

471
00:25:57,200 --> 00:26:00,359
Speaker 9: of Politico for example, on the other hand, and the

472
00:26:00,400 --> 00:26:03,520
Speaker 9: government has also labored with hundreds of millions of dollars

473
00:26:04,040 --> 00:26:09,080
Speaker 9: to create the censorship industrial complex that suppresses and seeks

474
00:26:09,119 --> 00:26:14,040
Speaker 9: to destroy the business models of news and views from conservative.

475
00:26:13,880 --> 00:26:15,320
Speaker 8: And independent sources.

476
00:26:15,600 --> 00:26:19,520
Speaker 9: That's a subsidy that's worth many, many times the amount

477
00:26:20,080 --> 00:26:24,080
Speaker 9: that we pay through our tax dollars effectively for subscriptions

478
00:26:24,440 --> 00:26:28,360
Speaker 9: to these regime media outlets that effectively do the regimes

479
00:26:28,400 --> 00:26:31,400
Speaker 9: bidding by printing the narratives they want, serving as conduits

480
00:26:31,400 --> 00:26:34,639
Speaker 9: for leaks from our intel agencies, for example, like the

481
00:26:34,680 --> 00:26:37,960
Speaker 9: Russia Gate hoax or the fifty one intelligence officials saying

482
00:26:37,960 --> 00:26:41,280
Speaker 9: that hunter Byden laptop story has all the hallmarks of

483
00:26:41,359 --> 00:26:46,440
Speaker 9: Russian propaganda Russian information operation. Even more perverse is how

484
00:26:46,440 --> 00:26:50,880
Speaker 9: they worked with these quote unquote anti disinformation missed dismount

485
00:26:50,920 --> 00:26:56,399
Speaker 9: information NGOs to pressure the social media companies to censor

486
00:26:56,520 --> 00:27:00,000
Speaker 9: people like you and me, and news and opinion outlets

487
00:27:00,080 --> 00:27:04,080
Speaker 9: that put forth dissenting views to basically silence the other

488
00:27:04,240 --> 00:27:08,200
Speaker 9: side and prop up the regime media outlets. We haven't

489
00:27:08,200 --> 00:27:11,080
Speaker 9: even begun to calculate how much that has been worth

490
00:27:11,200 --> 00:27:14,720
Speaker 9: to them, but it's damaged the republic potentially to an

491
00:27:14,720 --> 00:27:15,639
Speaker 9: irrevocable degree.

492
00:27:15,680 --> 00:27:16,360
Speaker 8: And it's amazing.

493
00:27:16,400 --> 00:27:19,080
Speaker 9: I would say that despite all that, still we're basically

494
00:27:19,119 --> 00:27:20,800
Speaker 9: a fifty percent plus one country.

495
00:27:23,000 --> 00:27:26,280
Speaker 1: Really, it is amazing when you consider everything that's been

496
00:27:26,320 --> 00:27:28,520
Speaker 1: stacked against us and they still got their butts kicked

497
00:27:28,520 --> 00:27:30,879
Speaker 1: in an election. All right, Ben, I've been trying to

498
00:27:30,920 --> 00:27:35,040
Speaker 1: warn people that obviously USAID is horrible, maybe the worst

499
00:27:35,040 --> 00:27:37,560
Speaker 1: of the worst. It's really really, really, really really bad.

500
00:27:38,160 --> 00:27:40,600
Speaker 1: But they haven't even gotten to the Pentagon yet.

501
00:27:40,680 --> 00:27:43,600
Speaker 2: So far. What we've seen is just the tip. There

502
00:27:43,640 --> 00:27:43,960
Speaker 2: is so.

503
00:27:44,000 --> 00:27:47,320
Speaker 1: Much more coming and people are going to be mortified

504
00:27:47,320 --> 00:27:48,720
Speaker 1: at what they find in that building.

505
00:27:50,119 --> 00:27:52,880
Speaker 9: You're absolutely right, and to that point, people don't need

506
00:27:52,920 --> 00:27:57,200
Speaker 9: to look any further than the effectively the Inspector General,

507
00:27:57,359 --> 00:28:01,639
Speaker 9: the Cigar reports with regard to Afghanistan and the boon

508
00:28:01,760 --> 00:28:04,760
Speaker 9: doggles there and what we ended up funding and how

509
00:28:04,760 --> 00:28:07,080
Speaker 9: we ended up undermining the mission to the extent there

510
00:28:07,200 --> 00:28:11,800
Speaker 9: was a mission with any clear objectives there put Afghanistan,

511
00:28:11,880 --> 00:28:15,919
Speaker 9: which was a massive boon doggle and ultimately ended in disgrace.

512
00:28:16,600 --> 00:28:19,439
Speaker 9: Put it on steroids. And that tells you where we

513
00:28:19,480 --> 00:28:21,560
Speaker 9: get to with the Pentagon, not to mention.

514
00:28:21,440 --> 00:28:23,800
Speaker 8: Of course, the intelligence community and beyond.

515
00:28:23,800 --> 00:28:26,320
Speaker 9: We've already heard that one hundred billion dollars are just missing.

516
00:28:26,359 --> 00:28:29,320
Speaker 8: We have no idea with respect to Ukraine.

517
00:28:29,400 --> 00:28:32,199
Speaker 9: So imagine across the entirety to your point of the

518
00:28:32,240 --> 00:28:36,720
Speaker 9: Pentagon and the intelligence community, with the secrecy that's built

519
00:28:36,760 --> 00:28:40,760
Speaker 9: into them, definitionally, and then all the people who benefit

520
00:28:41,240 --> 00:28:44,320
Speaker 9: from the misuse of these agencies which are absolutely vital

521
00:28:44,360 --> 00:28:47,560
Speaker 9: on their face to keep us safe, which you served in.

522
00:28:48,320 --> 00:28:52,200
Speaker 9: We can only imagine the corruption, the waste, fraud and abuse,

523
00:28:52,600 --> 00:28:55,800
Speaker 9: and how they've been used to undermine our interest and

524
00:28:55,880 --> 00:28:58,120
Speaker 9: line the pockets of people here at home with our

525
00:28:58,240 --> 00:29:01,280
Speaker 9: tax dollars. I'm sure real fight's going to start there.

526
00:29:01,320 --> 00:29:03,120
Speaker 9: And then of course with medicare.

527
00:29:04,560 --> 00:29:07,520
Speaker 1: Oh gosh, God only knows what we're gonna find with medicare.

528
00:29:07,520 --> 00:29:10,640
Speaker 1: All right, Ben, Before I let you go, Pam BONDI

529
00:29:10,960 --> 00:29:11,800
Speaker 1: I opened up the show.

530
00:29:12,600 --> 00:29:15,280
Speaker 2: I don't know her, I've never met her. I only

531
00:29:15,320 --> 00:29:16,560
Speaker 2: know her by reputation.

532
00:29:17,320 --> 00:29:20,480
Speaker 1: But does she have what it takes to get fangs

533
00:29:20,760 --> 00:29:25,320
Speaker 1: and throw government people in prison? Not resignations and revoking

534
00:29:25,360 --> 00:29:28,320
Speaker 1: security clearances. That's not near enough to stop the communist

535
00:29:28,360 --> 00:29:31,720
Speaker 1: revolution from inside of our government. Does do you think

536
00:29:32,320 --> 00:29:34,640
Speaker 1: this woman has what it takes to send government people

537
00:29:34,640 --> 00:29:35,080
Speaker 1: to prison?

538
00:29:36,480 --> 00:29:40,680
Speaker 9: I think Pam Bondi, along with Cash Patel, who himself,

539
00:29:40,720 --> 00:29:44,160
Speaker 9: as he noted in his confirmation hearings, has been targeted

540
00:29:44,160 --> 00:29:47,760
Speaker 9: by a weaponized and hyper politicized national security and law

541
00:29:47,840 --> 00:29:50,480
Speaker 9: enforcement apparatus. When you look at what they've put out

542
00:29:50,520 --> 00:29:53,320
Speaker 9: in terms of the weaponization working groups so called, that

543
00:29:53,320 --> 00:29:56,760
Speaker 9: they've developed, and what they're going to be probing, undoubtedly

544
00:29:56,840 --> 00:30:00,520
Speaker 9: they are going to find myriad crimes there, including the

545
00:30:00,640 --> 00:30:04,600
Speaker 9: very crime that Donald Trump himself was charged with, essentially

546
00:30:05,000 --> 00:30:08,800
Speaker 9: taking away the rights of Americans under color of law.

547
00:30:09,240 --> 00:30:12,560
Speaker 9: We've seen that on steroids to the hilt with all

548
00:30:12,600 --> 00:30:16,400
Speaker 9: of these different weaponized prosecutors at the federal, local, at

549
00:30:16,440 --> 00:30:19,560
Speaker 9: federal level and on down. So if they pursue the

550
00:30:19,600 --> 00:30:22,080
Speaker 9: merits of the cases, and I believe they will, there

551
00:30:22,160 --> 00:30:25,800
Speaker 9: have to be criminal charges. Anything else would further the

552
00:30:25,880 --> 00:30:28,680
Speaker 9: injustice and further undermine our republic.

553
00:30:28,720 --> 00:30:32,400
Speaker 1: At the end of the day, Yeah, no doubt, Ben,

554
00:30:32,800 --> 00:30:35,760
Speaker 1: that was awesome, brother, Come back soon, please welcome anytime.

555
00:30:36,480 --> 00:30:37,280
Speaker 8: Thanks for having me.

556
00:30:40,440 --> 00:30:43,720
Speaker 1: Hey, it's hard for me to hear this stuff too,

557
00:30:44,320 --> 00:30:46,280
Speaker 1: all right. I wake up every day. Look, it's a

558
00:30:46,320 --> 00:30:50,480
Speaker 1: good time because we're exposing it. But it's hard to

559
00:30:50,600 --> 00:30:52,920
Speaker 1: go with the doctor's office after you got your blood

560
00:30:52,920 --> 00:30:56,240
Speaker 1: work done and find out you're very, very, very sick.

561
00:30:56,720 --> 00:30:59,400
Speaker 2: Now it's better that you know. We know, but it's

562
00:30:59,440 --> 00:30:59,920
Speaker 2: hard to hear.

563
00:31:00,680 --> 00:31:03,920
Speaker 1: Just keep your chin up one day at a time,

564
00:31:04,480 --> 00:31:06,200
Speaker 1: keep cleaning this crap out, all right.

565
00:31:06,880 --> 00:31:10,680
Speaker 2: In the meantime, get yourself some sleep. Dream Powder will

566
00:31:10,720 --> 00:31:11,200
Speaker 2: help you with that.

567
00:31:11,600 --> 00:31:13,320
Speaker 1: Maybe you wake up every morning and you look at

568
00:31:13,320 --> 00:31:16,240
Speaker 1: your phone in your arm.

569
00:31:15,200 --> 00:31:18,880
Speaker 2: Raging all day long. Tough to sleep. But dream powder.

570
00:31:19,720 --> 00:31:23,680
Speaker 1: It's hot chocolate, except it's got melowtone and a natural

571
00:31:23,680 --> 00:31:26,600
Speaker 1: things in one hundred percent drug free. I sip on

572
00:31:26,640 --> 00:31:29,200
Speaker 1: a cup of hot chocolate whenever I must have a

573
00:31:29,240 --> 00:31:31,640
Speaker 1: good night's sleep, and I just drift off to sleep.

574
00:31:31,680 --> 00:31:34,080
Speaker 1: I wake up eight hours later, and I don't feel groggy,

575
00:31:34,160 --> 00:31:37,240
Speaker 1: I don't feel heavy, I feel like I got natural

576
00:31:37,320 --> 00:31:40,040
Speaker 1: sleep because I did sleep like.

577
00:31:40,000 --> 00:31:41,160
Speaker 2: That every single night.

578
00:31:42,080 --> 00:31:46,240
Speaker 1: Shopbeam dot com, slash Jesse Kelly, get you up to

579
00:31:46,320 --> 00:31:47,600
Speaker 1: forty percent.

580
00:31:47,280 --> 00:31:48,760
Speaker 2: Off, we'll be back.

581
00:31:57,520 --> 00:32:00,480
Speaker 1: Okay, this is going to be a conversation I'm going

582
00:32:00,520 --> 00:32:04,240
Speaker 1: to enjoy because Trump is rolling out tariffs. And as

583
00:32:04,280 --> 00:32:07,400
Speaker 1: I told you before, Trump loves tariffs. He has an

584
00:32:07,520 --> 00:32:11,880
Speaker 1: older order might not even be appropriate, a different, more

585
00:32:11,960 --> 00:32:15,040
Speaker 1: protectionist view of it. Very much a Teddy Roosevelt Republican.

586
00:32:15,280 --> 00:32:18,280
Speaker 1: Everyone thought he was just threatening Canada and Mexico. So

587
00:32:18,400 --> 00:32:20,480
Speaker 1: they throw some Mexican troops on the border.

588
00:32:20,800 --> 00:32:21,320
Speaker 2: And as I.

589
00:32:21,320 --> 00:32:25,400
Speaker 1: Told you, yeah, it's part negotiating tactic. But he's bringing tariffs.

590
00:32:25,400 --> 00:32:27,720
Speaker 1: He loves them, he always has. He believes in them.

591
00:32:28,040 --> 00:32:30,360
Speaker 1: Joining me now to talk about them, the moves, the

592
00:32:30,480 --> 00:32:34,440
Speaker 1: potential counter moves, and other things. The wonderful Carol Roth,

593
00:32:34,480 --> 00:32:36,400
Speaker 1: who knows a lot about this stuff, author of the

594
00:32:36,400 --> 00:32:38,880
Speaker 1: book You Will Own Nothing. In fact, she's wrote a

595
00:32:38,920 --> 00:32:41,920
Speaker 1: lot of wonderful books at this point in time. Okay, Carol,

596
00:32:42,760 --> 00:32:45,920
Speaker 1: as I've explained to people, Trump is a tariff lover.

597
00:32:46,160 --> 00:32:49,760
Speaker 1: It's a very much an older Republican way of thinking.

598
00:32:49,800 --> 00:32:51,840
Speaker 2: But this is what he loves. It's what he believes in.

599
00:32:51,920 --> 00:32:54,360
Speaker 1: I don't care how many Canadians get put on the border.

600
00:32:54,800 --> 00:32:56,520
Speaker 2: Tariffs were always coming for somebody.

601
00:32:57,920 --> 00:33:00,240
Speaker 10: I love the fact that they keep talking about, Well,

602
00:33:00,240 --> 00:33:02,880
Speaker 10: in the eighteen hundreds, we had all of these tariffs

603
00:33:02,880 --> 00:33:06,120
Speaker 10: and it paid for everything. Okay, we're not in eighteen

604
00:33:06,200 --> 00:33:09,719
Speaker 10: hundred anymore, people, We're in twenty twenty five. Our economy

605
00:33:10,040 --> 00:33:13,520
Speaker 10: looks nothing like it did in the eighteen hundreds, the

606
00:33:13,640 --> 00:33:16,200
Speaker 10: currency looks nothing like it did in the eighteen hundreds,

607
00:33:16,200 --> 00:33:18,920
Speaker 10: our fiscal foundation looks nothing like it did in the

608
00:33:18,960 --> 00:33:22,280
Speaker 10: eighteen hundreds. So, you know, while that's a nice, you know,

609
00:33:22,440 --> 00:33:26,480
Speaker 10: thing to say, it's a completely irrelevant data point. And

610
00:33:26,720 --> 00:33:29,400
Speaker 10: as I've mentioned to you prior, Jesse, you know, I'm

611
00:33:29,440 --> 00:33:31,320
Speaker 10: sort of a centrist on tariffs.

612
00:33:31,920 --> 00:33:33,240
Speaker 11: There are things.

613
00:33:32,960 --> 00:33:36,480
Speaker 10: That we absolutely need to be producing here in the

614
00:33:36,560 --> 00:33:39,200
Speaker 10: United States. I know you will probably agree with me

615
00:33:39,360 --> 00:33:42,080
Speaker 10: when I say, you are defense industry should not be

616
00:33:42,160 --> 00:33:47,320
Speaker 10: outsourced to China. We cannot depend on them for our defense.

617
00:33:47,400 --> 00:33:49,440
Speaker 10: And you know, they're not going to be super excited

618
00:33:49,480 --> 00:33:52,480
Speaker 10: to make things like weapons and components for US.

619
00:33:52,560 --> 00:33:54,400
Speaker 11: If we're potentially going to attack them.

620
00:33:54,640 --> 00:33:57,280
Speaker 10: So there are things from a national security standpoint that

621
00:33:57,360 --> 00:34:00,800
Speaker 10: it makes sense for us to reshore and use tariffs

622
00:34:00,800 --> 00:34:04,600
Speaker 10: as a means to incentivize that. There are a whole

623
00:34:04,680 --> 00:34:07,760
Speaker 10: bunch of things that it makes absolutely no sense to reshure,

624
00:34:07,840 --> 00:34:09,720
Speaker 10: and we couldn't do it if we wanted it because

625
00:34:09,719 --> 00:34:11,960
Speaker 10: the cost of those goods and services would be so

626
00:34:12,080 --> 00:34:15,000
Speaker 10: high that nobody would buy them. And this idea that

627
00:34:15,080 --> 00:34:18,840
Speaker 10: somehow we're going to eliminate the income tax and replace

628
00:34:18,920 --> 00:34:21,759
Speaker 10: that with tariffs like was done you know back in

629
00:34:22,120 --> 00:34:25,680
Speaker 10: days Yonder, is absolutely insane because from a math perspective,

630
00:34:26,040 --> 00:34:28,759
Speaker 10: that is never going to work. So now we have

631
00:34:28,920 --> 00:34:31,360
Speaker 10: for the situation where I do think that there is

632
00:34:31,400 --> 00:34:33,600
Speaker 10: a little bit of art of the deal. You know,

633
00:34:33,920 --> 00:34:36,799
Speaker 10: what somebody said about Trump is that you should take

634
00:34:36,880 --> 00:34:40,400
Speaker 10: him seriously but never literally. So there are there is

635
00:34:40,400 --> 00:34:43,439
Speaker 10: some scoring of some points and some bravado, but you're

636
00:34:43,480 --> 00:34:47,000
Speaker 10: absolutely right. He likes tariffs and he sees that as

637
00:34:47,200 --> 00:34:50,320
Speaker 10: an interesting, you know, out of the box way of thinking.

638
00:34:50,760 --> 00:34:51,719
Speaker 11: I do think there are.

639
00:34:51,719 --> 00:34:54,799
Speaker 10: Other people in the administration that have other out of

640
00:34:54,840 --> 00:34:56,960
Speaker 10: the way, out of the box ways of thinking. So

641
00:34:57,000 --> 00:34:59,680
Speaker 10: it'll be interesting to see how it all plays out.

642
00:35:00,120 --> 00:35:02,600
Speaker 10: But this discussion is not going away for sure.

643
00:35:04,640 --> 00:35:08,239
Speaker 1: Keryl, let's rewind just a little bit, because then we

644
00:35:08,280 --> 00:35:10,960
Speaker 1: all want to get smarter, myself included, Lord knows I

645
00:35:11,000 --> 00:35:14,640
Speaker 1: need enough help with that. What's different now you said

646
00:35:14,760 --> 00:35:16,600
Speaker 1: was we're not at all the same.

647
00:35:16,320 --> 00:35:19,080
Speaker 2: As we were in the eighteen hundreds. I agree with you.

648
00:35:19,440 --> 00:35:21,920
Speaker 2: Dumb that down so I can understand it. What does

649
00:35:21,920 --> 00:35:22,279
Speaker 2: that mean?

650
00:35:23,000 --> 00:35:25,440
Speaker 10: So you know, if you think about the currency that

651
00:35:25,480 --> 00:35:28,440
Speaker 10: we have, you know, we have the global reserve currency,

652
00:35:28,560 --> 00:35:32,160
Speaker 10: something that we didn't have prior. We have a currency

653
00:35:32,160 --> 00:35:35,520
Speaker 10: that is fiat that's not backed by anything other than

654
00:35:35,560 --> 00:35:39,480
Speaker 10: the promises of the government. We have debt to GDP

655
00:35:39,800 --> 00:35:43,799
Speaker 10: at one hundred and twenty plus percent. We're running deficits

656
00:35:43,960 --> 00:35:47,760
Speaker 10: that are wartime level deficits between six and seven percent

657
00:35:47,960 --> 00:35:52,920
Speaker 10: of GDP. We have because of our currency, we have

658
00:35:53,120 --> 00:35:57,080
Speaker 10: dollar strength that needs to be considered visa v not

659
00:35:57,440 --> 00:36:01,200
Speaker 10: unfortunately a bag of groceries, but strong again other currencies

660
00:36:01,280 --> 00:36:05,120
Speaker 10: in the world. We have a global market that depends

661
00:36:05,280 --> 00:36:09,040
Speaker 10: on the US treasuries not only to finance the government,

662
00:36:09,400 --> 00:36:11,640
Speaker 10: but as a safe haven for the world. So we're

663
00:36:11,640 --> 00:36:16,120
Speaker 10: in this very complicated scenario. We also have a service

664
00:36:16,160 --> 00:36:18,799
Speaker 10: based economy, right, so you know it used to be

665
00:36:18,960 --> 00:36:24,239
Speaker 10: that the economy was based on manufacturing goods and now

666
00:36:24,320 --> 00:36:29,400
Speaker 10: seventy percent of that is based on services. So I oh,

667
00:36:29,480 --> 00:36:32,040
Speaker 10: by the way, you have a government that takes in

668
00:36:32,160 --> 00:36:35,799
Speaker 10: five trillion dollars of our money every year, more than

669
00:36:35,800 --> 00:36:38,200
Speaker 10: the GDP of every other country in the world except

670
00:36:38,200 --> 00:36:40,279
Speaker 10: for the US and China, and now, as you know,

671
00:36:40,320 --> 00:36:42,120
Speaker 10: spending seven trillions.

672
00:36:42,200 --> 00:36:44,680
Speaker 11: So you know, I think if you kind of.

673
00:36:44,640 --> 00:36:46,920
Speaker 10: Line that up to what things look like in the

674
00:36:46,960 --> 00:36:49,080
Speaker 10: eighteen hundreds, it's a little bit different.

675
00:36:50,719 --> 00:36:53,840
Speaker 2: Okay, So what does this mean for me and my wallet? Carol?

676
00:36:53,920 --> 00:36:56,640
Speaker 1: I have two kids, I have a wife who likes purses.

677
00:36:56,920 --> 00:36:59,239
Speaker 1: What does this mean for me? Am I going to

678
00:36:59,239 --> 00:37:01,640
Speaker 1: get poorer in the short term and the long term?

679
00:37:01,640 --> 00:37:02,239
Speaker 2: What does this mean?

680
00:37:03,280 --> 00:37:03,520
Speaker 7: Well?

681
00:37:03,600 --> 00:37:06,080
Speaker 11: I think it could mean a lot of things.

682
00:37:06,239 --> 00:37:11,200
Speaker 10: I think if Trump wants to continue to do tariffs

683
00:37:11,280 --> 00:37:14,759
Speaker 10: on everybody and their brother, there are a couple things

684
00:37:14,800 --> 00:37:16,360
Speaker 10: that are going to happen. There is going to be

685
00:37:16,400 --> 00:37:19,400
Speaker 10: a direct impact if you decide to buy a foreign

686
00:37:19,440 --> 00:37:21,640
Speaker 10: good instead of a US based good, and you know,

687
00:37:21,680 --> 00:37:24,359
Speaker 10: maybe you can convince your wife that she should buy

688
00:37:25,000 --> 00:37:28,719
Speaker 10: US designers instead of something fancy from Europe. I don't

689
00:37:28,719 --> 00:37:30,040
Speaker 10: know how that's going to go I'm going to stay

690
00:37:30,040 --> 00:37:33,279
Speaker 10: out of that situation. That's your problem, not mind, Juffie.

691
00:37:33,600 --> 00:37:36,319
Speaker 10: But there's also you know, the idea of what's going

692
00:37:36,360 --> 00:37:40,520
Speaker 10: to happen with the strength of the dollar. Tariffs increase

693
00:37:40,760 --> 00:37:43,280
Speaker 10: the dollar strength, which means that they're going to probably

694
00:37:43,320 --> 00:37:45,719
Speaker 10: have to find a way to weaken the dollar if

695
00:37:45,719 --> 00:37:48,759
Speaker 10: they want to do tariffs, which means, and we've talked

696
00:37:48,760 --> 00:37:52,640
Speaker 10: about this before, that that could create an inflationary scenario,

697
00:37:52,719 --> 00:37:54,080
Speaker 10: which we know is coming.

698
00:37:53,800 --> 00:37:56,040
Speaker 11: Anyway, because there are a whole million things.

699
00:37:55,840 --> 00:37:58,120
Speaker 10: That are going to create an inflationary scenario, and it's

700
00:37:58,120 --> 00:38:01,120
Speaker 10: already on the on the rise again. So I do think,

701
00:38:01,719 --> 00:38:04,080
Speaker 10: you know, as all of these things get sorted out,

702
00:38:04,480 --> 00:38:09,280
Speaker 10: one is that you should be considering buying us over

703
00:38:10,040 --> 00:38:14,000
Speaker 10: what is being manufactured abroad. But the reality is that

704
00:38:14,080 --> 00:38:17,960
Speaker 10: I think that life is going to continue to stay expensive.

705
00:38:18,040 --> 00:38:20,960
Speaker 10: We're not going back to prices you know, of what

706
00:38:21,000 --> 00:38:23,360
Speaker 10: they were five years ago. That is a pipe dream.

707
00:38:23,680 --> 00:38:26,160
Speaker 10: So the most important thing that you can do is

708
00:38:26,200 --> 00:38:28,439
Speaker 10: you can ask for a raise, Jesse. So I'm gonna

709
00:38:28,480 --> 00:38:30,640
Speaker 10: hear I am asking your bosses give Jesse a raise,

710
00:38:31,040 --> 00:38:33,560
Speaker 10: because he's going to be the extra money to help

711
00:38:33,600 --> 00:38:35,759
Speaker 10: buy his wife purses and other you know kind of

712
00:38:35,760 --> 00:38:36,400
Speaker 10: cost of living.

713
00:38:36,440 --> 00:38:38,120
Speaker 11: So everybody needs to make sure their.

714
00:38:38,000 --> 00:38:41,160
Speaker 10: Wages are keeping pace because that's the only fight that

715
00:38:41,200 --> 00:38:44,520
Speaker 10: we really have against inflation. And also, as we've talked

716
00:38:44,520 --> 00:38:47,480
Speaker 10: about before, you know, over time, and I'm sure they're

717
00:38:47,520 --> 00:38:50,320
Speaker 10: going to come down at some point, but over time

718
00:38:50,600 --> 00:38:53,960
Speaker 10: you expect that hard assets, stocks, things like that are

719
00:38:53,960 --> 00:38:57,040
Speaker 10: going to inflate as everything else inflates, as we have

720
00:38:57,160 --> 00:38:59,520
Speaker 10: seen over the past you know, decade or so.

721
00:39:01,120 --> 00:39:04,520
Speaker 1: Carol, what does China do in response to all this?

722
00:39:04,680 --> 00:39:08,680
Speaker 1: Because China obviously he's coming coming with tariffs for China,

723
00:39:08,719 --> 00:39:12,440
Speaker 1: there's no if, ans or but around it. So China

724
00:39:12,560 --> 00:39:16,360
Speaker 1: is reportedly building a fortress to prepare for these tarffs.

725
00:39:16,400 --> 00:39:18,560
Speaker 2: What does that mean? It sounds great, What does it mean?

726
00:39:19,239 --> 00:39:23,759
Speaker 10: So one interesting thing, and this made completely divert our conversation,

727
00:39:23,960 --> 00:39:26,600
Speaker 10: but you know that's fairly normal for me, is that

728
00:39:27,000 --> 00:39:31,239
Speaker 10: China's been stockpiling gold and it has been doing that

729
00:39:31,360 --> 00:39:34,760
Speaker 10: for many, many reasons. One of them is to decrease

730
00:39:34,800 --> 00:39:38,360
Speaker 10: the dependence on the US dollar. Another is to create

731
00:39:38,400 --> 00:39:41,680
Speaker 10: a way to settle their own trade if they're trading

732
00:39:41,680 --> 00:39:44,399
Speaker 10: with other countries and somebody doesn't want to accept their

733
00:39:44,440 --> 00:39:49,040
Speaker 10: currency to offer credible settlement in terms of gold. So

734
00:39:49,200 --> 00:39:52,840
Speaker 10: this could end up in a situation where there's a

735
00:39:53,280 --> 00:39:56,480
Speaker 10: meeting of the minds here and for all of these

736
00:39:56,480 --> 00:39:59,800
Speaker 10: different points that are going on, there could be a discussion,

737
00:40:00,160 --> 00:40:02,759
Speaker 10: Well maybe we should, you know, write up and all

738
00:40:02,800 --> 00:40:04,880
Speaker 10: agree that the price of gold is higher than it

739
00:40:04,960 --> 00:40:08,520
Speaker 10: is because it's suppressed anyway, if that happens, and we're

740
00:40:08,520 --> 00:40:10,279
Speaker 10: going to dive it from China for a second, by

741
00:40:10,280 --> 00:40:13,439
Speaker 10: the way, you know, right now the US has gold

742
00:40:13,560 --> 00:40:16,800
Speaker 10: on its balance sheet at just over forty two dollars

743
00:40:16,840 --> 00:40:19,640
Speaker 10: an ounce, and we know that it's trading at over

744
00:40:19,680 --> 00:40:23,239
Speaker 10: twenty nine hundred dollars an ounce today. So if the

745
00:40:23,400 --> 00:40:26,400
Speaker 10: US and China agree, well, if they were to just

746
00:40:26,440 --> 00:40:28,920
Speaker 10: write it up to the twenty nine hundred dollars, that

747
00:40:29,000 --> 00:40:32,759
Speaker 10: would then give them like something the area of like

748
00:40:33,880 --> 00:40:38,279
Speaker 10: seven hundred and something billion dollars that they would then

749
00:40:38,320 --> 00:40:41,520
Speaker 10: be able to have in their treasury account to spend

750
00:40:42,400 --> 00:40:45,279
Speaker 10: monetization of gold. But if they all agreed to write

751
00:40:45,280 --> 00:40:48,480
Speaker 10: it up even higher, Hey, now gold is you know,

752
00:40:48,520 --> 00:40:51,760
Speaker 10: four thousand dollars an ounce, erve six thousand or whatever.

753
00:40:51,800 --> 00:40:55,040
Speaker 10: It is not only will that help the US, help

754
00:40:55,160 --> 00:40:57,400
Speaker 10: to weaken the dollar, do all the things that we

755
00:40:57,480 --> 00:40:59,920
Speaker 10: had just been talking about, but also potentially be a

756
00:41:00,040 --> 00:41:02,520
Speaker 10: boon for China and a way to kind of get

757
00:41:02,520 --> 00:41:05,399
Speaker 10: around all these other machinations that are going on.

758
00:41:05,840 --> 00:41:06,759
Speaker 7: So I would.

759
00:41:06,480 --> 00:41:10,560
Speaker 10: Imagine that there is going to be some table meeting

760
00:41:10,640 --> 00:41:13,520
Speaker 10: with China because the reality is we do depend on

761
00:41:13,600 --> 00:41:17,040
Speaker 10: them still for quite a lot of things, but there

762
00:41:17,200 --> 00:41:19,560
Speaker 10: is sort of this concern that we need to get

763
00:41:19,560 --> 00:41:22,839
Speaker 10: around that China has, you know, some issues, but it

764
00:41:22,880 --> 00:41:26,200
Speaker 10: also has some strength. So this is like a really

765
00:41:26,400 --> 00:41:29,319
Speaker 10: big game of I don't know if it's risk. I

766
00:41:29,320 --> 00:41:31,480
Speaker 10: don't know if it's forty chess. I don't know what's

767
00:41:31,760 --> 00:41:35,120
Speaker 10: what the appropriate analogy is. But as I've been telling

768
00:41:35,160 --> 00:41:38,240
Speaker 10: you for a while, you know, the global financial order

769
00:41:38,520 --> 00:41:41,839
Speaker 10: is on the precipice. It is going to shift, and

770
00:41:41,920 --> 00:41:44,640
Speaker 10: I think we're going to see that start to come

771
00:41:44,680 --> 00:41:48,160
Speaker 10: to fruition, sooner versus later. It could be this year, Jesse.

772
00:41:49,600 --> 00:41:50,520
Speaker 2: Girl, Have I ever.

773
00:41:50,400 --> 00:41:54,719
Speaker 1: Told you how dominant I am at risk? Just absolutely dominant, undefeated.

774
00:41:54,840 --> 00:41:54,920
Speaker 2: No.

775
00:41:55,360 --> 00:41:57,800
Speaker 1: But when I sit down and play risk, I guess

776
00:41:57,840 --> 00:42:01,520
Speaker 1: just Napoleon in me. Our minds work differently on dominant

777
00:42:01,520 --> 00:42:01,919
Speaker 1: at risk.

778
00:42:02,480 --> 00:42:04,520
Speaker 11: I feel like you should put that on your resume.

779
00:42:04,719 --> 00:42:06,799
Speaker 10: That should actually be probably like you know, and that

780
00:42:06,880 --> 00:42:09,759
Speaker 10: the top thing is that dominant at risk.

781
00:42:10,160 --> 00:42:11,560
Speaker 2: Yeah, yeah, I.

782
00:42:11,480 --> 00:42:15,560
Speaker 1: Should Carol shifting gears a little bit, but just because

783
00:42:15,600 --> 00:42:19,000
Speaker 1: it matters to people interest rates. You know, people they

784
00:42:19,000 --> 00:42:21,799
Speaker 1: want cars and they don't want to pay these ridiculous

785
00:42:21,880 --> 00:42:24,120
Speaker 1: interest rates. They want to own a home one day.

786
00:42:24,120 --> 00:42:28,040
Speaker 1: What a shock, the American citizen wants better interest rates.

787
00:42:28,080 --> 00:42:29,359
Speaker 1: Are we ever going to get those?

788
00:42:30,440 --> 00:42:30,600
Speaker 2: Oh?

789
00:42:30,680 --> 00:42:35,880
Speaker 10: Lord, not anytime soon, unless, as we've been talking about,

790
00:42:36,320 --> 00:42:39,120
Speaker 10: there is this weird out of the box thinking and

791
00:42:39,160 --> 00:42:40,280
Speaker 10: resetting of rates.

792
00:42:40,600 --> 00:42:41,680
Speaker 11: I have been telling.

793
00:42:41,400 --> 00:42:45,280
Speaker 10: You for years and your viewers and listeners for years

794
00:42:45,760 --> 00:42:49,440
Speaker 10: that what the FED is doing doesn't matter, that there's

795
00:42:49,600 --> 00:42:52,200
Speaker 10: tool set just doesn't apply to where we are. And

796
00:42:52,280 --> 00:42:54,880
Speaker 10: I have been proven right because you know, when the

797
00:42:54,920 --> 00:42:58,719
Speaker 10: FED hiked interest rates initially, what happened to yields on

798
00:42:58,800 --> 00:43:01,480
Speaker 10: the ten years and then ultimately everybody's interest rates as

799
00:43:01,480 --> 00:43:04,840
Speaker 10: went up, right, But what happened when they started cutting

800
00:43:05,200 --> 00:43:07,480
Speaker 10: interest rates feels one up again.

801
00:43:07,880 --> 00:43:11,080
Speaker 11: And that's because they no longer have that control.

802
00:43:11,360 --> 00:43:14,120
Speaker 10: It is being determined by the market, is being determined

803
00:43:14,160 --> 00:43:18,239
Speaker 10: by fiscal policy and their own policy is completely off

804
00:43:18,280 --> 00:43:21,120
Speaker 10: the table. So, as I noted, right now, the yield

805
00:43:21,239 --> 00:43:24,840
Speaker 10: on the ten year is rising again. It's getting to

806
00:43:25,000 --> 00:43:29,279
Speaker 10: levels that are potentially concerning, even amidst the fact that

807
00:43:29,320 --> 00:43:32,600
Speaker 10: we had these rate cuts previously from the Fed, and

808
00:43:32,719 --> 00:43:37,560
Speaker 10: those are unfortunately what is going to drive a lot

809
00:43:37,640 --> 00:43:40,960
Speaker 10: of the rates in the market, especially on the mortgage side.

810
00:43:41,040 --> 00:43:44,440
Speaker 11: That is a relevant point as well as demand for mortgage.

811
00:43:44,000 --> 00:43:49,000
Speaker 10: Backed securities, and we just don't have the demand and

812
00:43:49,080 --> 00:43:51,840
Speaker 10: the market for all of the treasuries that we're issuing

813
00:43:51,880 --> 00:43:55,760
Speaker 10: for the mortgages. So I feel like for the time being,

814
00:43:56,280 --> 00:43:59,000
Speaker 10: rates are going to get higher.

815
00:43:59,040 --> 00:44:02,080
Speaker 11: Now, what could happen is that there is a break point.

816
00:44:02,160 --> 00:44:05,120
Speaker 10: There is a point which we're getting close to where

817
00:44:05,200 --> 00:44:08,640
Speaker 10: rates will become too high, particularly on a ten year

818
00:44:08,680 --> 00:44:11,799
Speaker 10: as the benchmark, and that could send us into a

819
00:44:11,840 --> 00:44:14,920
Speaker 10: debt spiral that could end up breaking the global financial

820
00:44:14,960 --> 00:44:19,160
Speaker 10: markets if we get to that level, and again we're.

821
00:44:18,440 --> 00:44:20,120
Speaker 11: Get we got real close to it.

822
00:44:20,160 --> 00:44:22,080
Speaker 10: We've come back off a little bit, but like we're

823
00:44:22,080 --> 00:44:25,680
Speaker 10: in that neighborhood. The Trump administration does not want that

824
00:44:25,760 --> 00:44:29,560
Speaker 10: to happen. They cannot afford for that to happen for many,

825
00:44:29,600 --> 00:44:32,920
Speaker 10: many reasons. And so that means again, you may see

826
00:44:32,960 --> 00:44:36,920
Speaker 10: some kind of an interventionist policy to try to bring

827
00:44:37,080 --> 00:44:41,480
Speaker 10: down interest rates, and whether they go crazy and say, oh,

828
00:44:41,520 --> 00:44:43,640
Speaker 10: we're going to bring them way down so we can

829
00:44:43,719 --> 00:44:47,320
Speaker 10: refinance the debt and people can have better mortgage rates

830
00:44:47,320 --> 00:44:50,200
Speaker 10: and all these kinds of things, or they do kind

831
00:44:50,200 --> 00:44:53,839
Speaker 10: of an interim step is really anyone's guests, But it's

832
00:44:53,880 --> 00:44:54,560
Speaker 10: not going to.

833
00:44:54,560 --> 00:44:56,640
Speaker 11: Come from free market forces.

834
00:44:56,800 --> 00:44:59,279
Speaker 10: Is going to become because they are forced by our

835
00:44:59,280 --> 00:45:02,719
Speaker 10: fiscal situ suation to come in and do something quote

836
00:45:02,800 --> 00:45:06,240
Speaker 10: unquote creative. And that's again why I'm in the camp

837
00:45:06,360 --> 00:45:10,439
Speaker 10: of seeing persistent inflation, because they would rather have goods

838
00:45:10,480 --> 00:45:13,640
Speaker 10: and services be a little bit higher than bust the

839
00:45:13,800 --> 00:45:17,840
Speaker 10: entire financial system or cause a massive recession or whatever

840
00:45:17,880 --> 00:45:20,040
Speaker 10: it is. And so those are going to be the

841
00:45:20,120 --> 00:45:23,160
Speaker 10: choices at hand, and which one, politically do we think

842
00:45:23,200 --> 00:45:24,879
Speaker 10: they're going to pick. They're going to pick a little

843
00:45:24,920 --> 00:45:28,480
Speaker 10: bit more inflation. It's just the unfortunate choice that they're

844
00:45:28,480 --> 00:45:29,160
Speaker 10: going to have to make.

845
00:45:30,760 --> 00:45:35,120
Speaker 1: Yeah, God save us from central planners getting creative. Gosh,

846
00:45:35,160 --> 00:45:38,240
Speaker 1: that would be a freaking disaster. Kill Roth, Thank you, ma'am.

847
00:45:38,440 --> 00:45:54,799
Speaker 2: Come Max sou all right, lighten the mood. Thanks, all right,

848
00:45:55,400 --> 00:45:56,839
Speaker 2: it is time to lighten the mood.

849
00:45:57,360 --> 00:46:00,239
Speaker 1: And you know what lightens my mood the knowledge that

850
00:46:01,120 --> 00:46:05,200
Speaker 1: the greatest book ever written, The Anti Communist Manifesto by me,

851
00:46:06,360 --> 00:46:07,759
Speaker 1: came out today in paperback.

852
00:46:07,800 --> 00:46:08,359
Speaker 2: Did you know, Matt?

853
00:46:08,680 --> 00:46:11,480
Speaker 1: I know it was already out in hardcover and national bestseller.

854
00:46:11,520 --> 00:46:13,880
Speaker 2: Now that I would brag anting like that, but today

855
00:46:14,760 --> 00:46:15,239
Speaker 2: you want the.

856
00:46:15,160 --> 00:46:18,800
Speaker 1: Paperback version, you can get it, Jesse Kellybook dot com

857
00:46:18,920 --> 00:46:19,600
Speaker 1: is where you go.

858
00:46:19,680 --> 00:46:22,960
Speaker 2: Do that now. I love a good troll as much

859
00:46:22,960 --> 00:46:26,160
Speaker 2: as anybody, especially when it comes to trolling CNN.

860
00:46:26,760 --> 00:46:29,399
Speaker 1: Elon Musk, the richest, one of the most powerful men

861
00:46:29,440 --> 00:46:33,040
Speaker 1: in the world, decided to change his name on social

862
00:46:33,120 --> 00:46:36,279
Speaker 1: media in an effort to get reporters to have to

863
00:46:36,320 --> 00:46:40,080
Speaker 1: say it on air, and well, mission accomplished.

864
00:46:40,280 --> 00:46:44,200
Speaker 3: Now, the disruptor in Chief, Elon Musk, who apparently has

865
00:46:44,239 --> 00:46:47,280
Speaker 3: adopted the alias at least he changed his social media

866
00:46:47,320 --> 00:46:52,239
Speaker 3: handle to Harry Balls, tweeted this morning, democracy in America

867
00:46:52,320 --> 00:46:54,680
Speaker 3: is being destroyed by judicial coup.

868
00:46:55,800 --> 00:46:57,520
Speaker 2: All right, I'll see them