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Speaker 1: And I am Sephanie rule, And I don't care if

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Speaker 1: you need one, but I am definitely taking a deep

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Speaker 1: breath right now. I suspect you need one too. It

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Speaker 1: is day eighty one of the second Trump administration, and

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Speaker 1: we've got a lot of money power politics to talk about.

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Speaker 2: Look for historical parallel, and it's really really hard. The

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Speaker 2: closest thing you can come to would be wartime perhaps

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Speaker 2: perhaps you know, getting into a war we didn't need

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Speaker 2: to get into.

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Speaker 3: We could say Vietnam, we could say Iraq.

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Speaker 2: But outside of that, outside of a national security wartime

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Speaker 2: kind of thing, I can't think of a president who

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Speaker 2: has done more to undercut his own, you know, presidency

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Speaker 2: so early, so dramatically, and affects so many other lies.

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Speaker 4: Right.

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Speaker 5: A lot of presidents make mistakes in.

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Speaker 2: Their early days, although not usually in their second term.

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Speaker 2: They nominate somebody who gets in trouble. There may be

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Speaker 2: a scandal, something they forgot to tell us, or they

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Speaker 2: didn't want to tell us. But I can't think of

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Speaker 2: anybody who has done more to sort of so worldwide uncertainty,

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Speaker 2: you know, drain out literally millions of dollars worth of

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Speaker 2: market cap for all these companies essentially retirement savings for

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Speaker 2: many Americans, not to mention the uncertainty in Washington, where

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Speaker 2: tens of thousands people have subtenly been told or out

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Speaker 2: of a job and services are no longer going to

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Speaker 2: be provided that they had come to depend on, and

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Speaker 2: foreigny to places that are suffering from disease and hunger.

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Speaker 2: So much has happened in just eleven weeks. There is

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Speaker 2: no parallel, I think, in American history.

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Speaker 3: Here's what I want to say.

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Speaker 1: It has been over a week since this trade disaster began,

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Speaker 1: and I have spent that week speaking to investors here

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Speaker 1: and abroad, and what I feel most tonight is scared.

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Speaker 1: Scared that what we are facing is a crisis of confidence,

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Speaker 1: confidence in US, the United States of America.

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Speaker 6: And what I have not heard from any.

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Speaker 1: Of the people that I speak to is exactly what

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Speaker 1: might restore that confidence in the United States, at least

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Speaker 1: not right now. Yes, the market yesterday, but that is

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Speaker 1: only because we avoided the fifty plus percent tariffs across

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Speaker 1: the globe. But the reality has set in today because

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Speaker 1: we still have the rest of these tariffs, and the

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Speaker 1: markets continue to sink, both the bond and stock market

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Speaker 1: in part because the basis by which we're negotiating trade is.

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Speaker 4: Not rooted in truth.

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Speaker 1: And for those who believe countries are scrambling to make

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Speaker 1: a deal because they were so panicked about the enormous

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Speaker 1: tariffs and now they're much lower, my question is, what

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Speaker 1: is that deal? What do you think the likes of

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Speaker 1: Vietnam can do to erase our trade deficit? You know

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Speaker 1: what the answer is, they can't. And if you want

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Speaker 1: to onshore all of our manufacturing, that's if you want

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Speaker 1: to do that what Peter Navarro talked about, what Howard

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Speaker 1: letting It talked about, you want to do that, It'll

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Speaker 1: take trillions of dollars and twenty years to reconfigure the

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Speaker 1: global supply chain and bring it all home. And for

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Speaker 1: our allies in the West, those developed countries certainly not

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Speaker 1: rushing to partner back up with US, not with a

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Speaker 1: US president who goes on national TV laughing saying they're

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Speaker 1: all kissing my ass. It is safe to say that

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Speaker 1: the perch we and are American exceptionalism sat on even

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Speaker 1: a few months ago, has certainly been lowered. We've got

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Speaker 1: an agriculture secretary who tells us build a chicken coop

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Speaker 1: in your backyard because eggs are expensive. We have a

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Speaker 1: defense secretary sharing military secrets in a group chat. We

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Speaker 1: are potentially lawlessly firing thousands of federal workers and defunding

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Speaker 1: science while we buy crypto. We have lost an enormous

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Speaker 1: amount of credibility and trust. But what scares me is

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Speaker 1: that every investor I speak to, even some who support

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Speaker 1: this president, has given me the same message. If the

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Speaker 1: bond market continues to drop and drop and drop, you.

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Speaker 5: Know where it goes.

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Speaker 1: It bankrupts the country, something Donald Trump knows a lot about.

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Speaker 7: Let me just say, ninety deals in ninety days, biggest

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Speaker 7: broadest tax cut in American history, should be driving the tape.

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Speaker 7: That's what's going to be a bullish market. And if

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Speaker 7: you're not long, you're going to get left behind. Now, China,

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Speaker 7: let's talk a little bit about China. The President has

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Speaker 7: said several times.

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Speaker 5: Now that he would love to hear from.

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Speaker 7: China to talk about where we're at.

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Speaker 5: And here's where we're at, Maria.

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Speaker 7: From our perspective, China has killed over a million Americans

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Speaker 7: with deadly fentanyl and related drugs, and it simply refuses

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Speaker 7: to do anything about that. Many of these people are

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Speaker 7: prime age workers. So they not only kill Americans, they're

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Speaker 7: killing our workforce at the same time, as you know, Maria,

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Speaker 7: and we talk a lot about this. Since two thousand one,

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Speaker 7: China has destroyed over sixty thousand American factories and stolen

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Speaker 7: over five million manufacturing jobs.

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Speaker 5: And that's the state of play.

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Speaker 7: So all we're asking for is fairness.

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Speaker 5: So what's going to be the response.

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Speaker 8: If we've still got the antibodies to defend ourselves as

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Speaker 8: a democracy, if our civil society is still working, if

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Speaker 8: our legal profession is still on the job. What we

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Speaker 8: ought to see here in response to this, in response

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Speaker 8: to what will be not just these two guys being targeted,

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Speaker 8: It'll be a dozen, it'll be one hundred, it'll be

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Speaker 8: a thousand of these.

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Speaker 6: If Trump likes how this one goes, and.

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Speaker 8: He hasn't stopped from doing it, what we ought to

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Speaker 8: see here, if our democracy is still kicking, what we

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Speaker 8: ought to see here is a battalion of the highest

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Speaker 8: end lawyers in the country flooding in to provide Chris

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Speaker 8: Krebs and Miles Taylor with free legal representation and with

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Speaker 8: the kind of no holds barred, super aggressive legal fight

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Speaker 8: that Judge Ludig.

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Speaker 5: Is describing today.

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Speaker 4: Are we going to see it.

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Speaker 8: As the biggest, posious, most powerful law firms in the

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Speaker 8: country even tonight, continue to suck up to Trump and

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Speaker 8: promise to do him favors in exchange for him no

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Speaker 8: longer criticizing them or threatening them. Do we still have

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Speaker 8: the juice as a country? Are we still kicking legal profession?

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Speaker 8: You're still there? Are all the pretty words America's most

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Speaker 8: prominent lawyers are famous for about the rule of law

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Speaker 8: and no fear of favor? Are all those just pretty words?

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Speaker 5: Are we going to see them show up? Because time's up.

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Speaker 8: It is now everything you were supposedly preparing for it's here.

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Speaker 5: This is the primal scream of a dying regime.

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Speaker 9: Pray for our enemies because we're going to medieval on

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Speaker 9: these people. You've not got a free shot or all

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Speaker 9: these networks lying about the people.

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Speaker 5: The people have pattib belly full of it. I know

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Speaker 5: you don't like hearing that. I know you've tried to

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Speaker 5: do everything in the world to stop that, but you're

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Speaker 5: not going to stop it. It's going to happen.

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Speaker 6: And where do people like that go to share the

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Speaker 6: big line? Mega media.

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Speaker 8: I wish in my soul, I wish that any of

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Speaker 8: these people had a conscience.

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Speaker 9: Ask yourself, what is my task and what is my purpose?

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Speaker 10: If that answer is to save my country, this country

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Speaker 10: will be saved.

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Speaker 6: War Room View's your host, Stephen K.

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Speaker 4: Bath.

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Speaker 9: It's Friday, eleven April year Earler twenty twenty five. Of course,

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Speaker 9: a total meltdown. He heard by Peter Baker in the

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Speaker 9: New York Times. As President Trump reorganizes the global world

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Speaker 9: order around in America first and American citizens first. And

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Speaker 9: this is what you're seeing that President Trump is doing

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Speaker 9: it both geoeconomically and geostrategically, and they.

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Speaker 5: Don't like it.

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Speaker 9: They don't like it at all. He's also engaged the country,

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Speaker 9: and something we need to engage with. The Chinese Commists

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Speaker 9: Party has been at war with the United States economically,

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Speaker 9: cyber war, economic war, political warfare, psychological warfare. It's called

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Speaker 9: unrestricted warfare. It's their doctrine. They're proud of it. Why

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Speaker 9: because after the Gulf War in the early nineties, they

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Speaker 9: came to the conclusion they can't fight foreign devils mono

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Speaker 9: amano with modern technology because foreign devils are too far

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Speaker 9: ahead of them.

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Speaker 5: We would be the foreign devils.

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Speaker 9: By the way, the foreign devils in the West were

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Speaker 9: too far ahead of them on military technology, so they

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Speaker 9: would do everything else unrestricted warfare to bring down the West.

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Speaker 9: And they've been added for twenty twenty five years, but

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Speaker 9: particularly since May of twenty nineteen. Take your number two

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Speaker 9: parens of Latin write down May of twenty nineteen. That

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Speaker 9: is the most important geopolitical month in the twenty first

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Speaker 9: century until President Trump came to office. And what you've

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Speaker 9: seen in the first was it eighty days or so.

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Speaker 9: It's something that is absolute extraordinary. And Peter Baker is

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Speaker 9: doing his job. Peter Baker is the lead White House

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Speaker 9: correspondent for the New York Times, the paper of record,

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Speaker 9: or the Globalist.

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Speaker 5: And of course they're not happy.

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Speaker 9: They're not happy at all because President Trump is reorganizing

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Speaker 9: this around the putting the country's interests first, not the

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Speaker 9: globalist institutions and the globalist elite's interests first. And he's

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Speaker 9: putting American citizens first, not the globalist first. And they

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Speaker 9: don't like it because nobody's ever done that. Even President Reagan,

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Speaker 9: as the greatest president Reagan was, he had a different

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Speaker 9: set of issues at the time President Trump came back

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Speaker 9: after having the election stone for him in twenty twenty

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Speaker 9: and began a journey, a journey that you've been on.

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Speaker 9: You are his hoplights, right, You are the trench warfare

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Speaker 9: advocate and trench warfare activist. They're the tip of the

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Speaker 9: spear in the MAGA movement. You know, people come to

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Speaker 9: me all day long behind the scenes, Hey, we need

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Speaker 9: the war and posse focus on this. We got this confirmation,

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Speaker 9: we need this, we need this, we need this. Why

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Speaker 9: you get people's attention. You think we got five Supreme

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Speaker 9: Court wins in a row until last night without putting

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Speaker 9: pressure on people, you'd be incorrect.

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Speaker 5: You absolutely did.

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Speaker 9: And the one last night is inserting, you know, the

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Speaker 9: courts inserting themselves between President Trump being commander in chief

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Speaker 9: and doing his duties commander in chief. And so you

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Speaker 9: see where the judiciary is coming out on some of this.

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Speaker 9: And it's going to be a fight. Every one of

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Speaker 9: these verticals is going to be a fight. Every time,

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Speaker 9: every part of the institution they're pushing back on.

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Speaker 5: Is going to be a fight. But lo and behold,

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Speaker 5: on and behold.

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Speaker 9: We had a print this morning on the Producer Price

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Speaker 9: Index Dave Brad's going to join me in a moment.

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Speaker 9: Uh And it was a incredibly low print. So inflation

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Speaker 9: is being tamed by President Trump. Commodity prices are coming

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Speaker 9: down because of President Trump.

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Speaker 5: Now there are issues, I don't say they're not issues.

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Speaker 9: Reorganizing the American the world trading system around America first

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Speaker 9: and bringing five million manufacturing jobs back was they all

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Speaker 9: say it can't be done. You don't want to build,

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Speaker 9: you don't want to make T shirts in North Carolina.

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Speaker 9: Manufacturing is coming back to the United States. This is

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Speaker 9: the central economic issue and foundational element of President Trump's

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Speaker 9: American economy. We're just not going to be service industries

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Speaker 9: because you can't. Here's why you can't.

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Speaker 5: This is the model we have is not sustainable.

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Speaker 9: The reason I believe a big reason for the bond

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Speaker 9: market for people being questioning is this reconciliation we passed

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Speaker 9: yesterday with very few details about it other than the

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Speaker 9: fact that we're not going to really cut spending, the

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Speaker 9: one point seven, the one point tree, and that the

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Speaker 9: House that wouldn't even include it any language in the

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Speaker 9: Senate's kind of tap dance around of people are tap

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Speaker 9: dancing around is over ten years. It shows you we're

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Speaker 9: not serious about cutting spending and cutting spending. As we

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Speaker 9: said from I'm gonna pick a random date, February of

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Speaker 9: twenty twenty one, when we this show nailed it more

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Speaker 9: than any other business show, any other show on politics.

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Speaker 9: This at the time, the Biden stimulus program was going

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Speaker 9: to cause massive inflation and massive inflation and stagflation. And

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Speaker 9: it did both. And the only reason the model continues

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Speaker 9: to work. Their model continues work with massive Keynesian infusion

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Speaker 9: of stimulus two treeion dollars a year in deficits. It's

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Speaker 9: not sustainable. Their model is not sustainable. President Trump's model

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Speaker 9: is sustainable. Why do you think the Chinese Communist Party

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Speaker 9: is up in arms and trying.

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Speaker 5: To defeat it? If it was if it was so.

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Speaker 9: Detrimental to the United States, it was so beneficial to

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Speaker 9: the rest of the world, why would they be fighting it.

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Speaker 9: They've gotten a free ride. We underwrite all of their security.

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Speaker 9: It's the reason your defense bills are trillion dollars. We're

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Speaker 9: being played for suckers. You're underwriting the security and you

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Speaker 9: don't have a pension, you don't have a four to

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Speaker 9: one K. You got a little bit of a tip

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Speaker 9: money for Social Security that you put money in, you

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Speaker 9: get a thousand bucks a month back, and you get

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Speaker 9: some medicare. You don't have any early retirement. Five million

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Speaker 9: manufacturing jobs have gone. Nine million Americans are working at.

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Speaker 5: Least two jobs today.

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Speaker 9: Sixty percent of Americans can't put their hands on one

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Speaker 9: thousand dollars in cash in case of an emergency. The

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Speaker 9: elites have made paupers of the American people. And President

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Speaker 9: Trump is saying that we've had enough of this.

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Speaker 5: The American people.

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Speaker 9: Have stood on their feet in every crisis in the

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Speaker 9: world to do more to free more people in the

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Speaker 9: world and create more wealth for everyone in the world.

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Speaker 5: And guess what the times now to take.

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Speaker 9: Care of the American people and the folks that have

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Speaker 9: created this system, that have benefited to the system, that

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Speaker 9: have exploited and taken your wealth that you created. Of

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Speaker 9: course they don't like it. Of course they're going to

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Speaker 9: sit there every day and say how awfully is, how

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Speaker 9: terrible Trump is, and how awfu of this MAGA movement is.

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Speaker 9: We don't care what they have to say. Peter Navarro

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Speaker 9: is correct, ninety deals in ninety days and engage now

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Speaker 9: in the main event, as Captain Fanel says, keep the

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Speaker 9: main thing. The main thing, that is a confrontation economically

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Speaker 9: politically on cyber hopefully not militarily, but if it has

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Speaker 9: to come to that, so be it.

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Speaker 5: With the Chinese Communist.

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Speaker 11: Party producer price index, the more whosts sales side of

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Speaker 11: the inflation equation, and they're big numbers, down four tenths

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Speaker 11: on headline, down four tenths. That would be equal to

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Speaker 11: where we were in October of twenty three.

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Speaker 4: And if we find a lower number, you're going all.

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Speaker 11: The way back to April of twenty twenty in the

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Speaker 11: COVID affected era, and that.

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Speaker 4: Was down one point two percent.

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Speaker 11: Now, let's strip out food and energy down one tenth

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Speaker 11: of a percent.

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Speaker 4: That equals where we were in February. It equals where

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Speaker 4: we were in July.

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Speaker 11: To find a lower number, you're in April of twenty

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Speaker 11: twenty minus three tenths. If we look at ex food,

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Speaker 11: energy and trade, it is up one tenth, also much

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Speaker 11: less than we were expecting. Up one tenth equals where

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Speaker 11: we were in November of last year. To find a bigger,

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Speaker 11: smaller negative number, you're minus eight tens and April of

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Speaker 11: twenty twenty.

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Speaker 4: Now let's look at.

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Speaker 11: Year over year final demand two point seven, well below

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Speaker 11: our expectations of three point three, well below three point

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Speaker 11: two in the rearview mirror. To find the lower number,

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Speaker 11: you're in September of last year. September of last year,

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Speaker 11: So we see that this metric had been moving up.

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Speaker 11: Now it's moving back down. If we look at X

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Speaker 11: food and energy from a year over year perspective, three

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Speaker 11: point three less than three point four in the rearview mirror,

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Speaker 11: less than three point six expected, that equals September of

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Speaker 11: last year. To find a lower number year in August

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Speaker 11: of last year.

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Speaker 4: At two point eight, and drumroll, please.

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Speaker 11: The last metric of this PPI data series here over

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Speaker 11: your ex food X energy, X trade three point four,

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Speaker 11: the only metric higher than we're expecting by one ten,

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Speaker 11: higher than the rearview mirror by one ten. Three point

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Speaker 11: four equals where we were in January. To find a

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Speaker 11: higher number here in Dce of last year at three

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Speaker 11: point five. Late revisions coming in on headline. Last month's

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Speaker 11: zero on the final demand headline now moves to a

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Speaker 11: positive one tenth and it's now minus four tenths.

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Speaker 4: That means the net change a half a percent lower.

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Speaker 11: And on the x food energy month of a month,

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Speaker 11: minus one ten becomes positive one ten, So the net

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Speaker 11: changes down two tents because the current number is down

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Speaker 11: one ten. Maybe the biggest thing that should.

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Speaker 4: Jump out at anybody.

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Speaker 11: Is that last week a two year note, you'll close

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Speaker 11: get this at three sixty six, it's a three eighty

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Speaker 11: three a ten.

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Speaker 4: You're closed at four percent. Last week it's.

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Speaker 11: At four forty two of forty two basis points. Think

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Speaker 11: about the ramification where at sixty on the two tent spread.

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Speaker 11: Now everybody's arizon fire for all the uncertainty. I understand

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Speaker 11: it here and all the guests say this the biggest

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Speaker 11: move they've ever seen in treasuries and whatever.

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Speaker 4: Well, that's because we.

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Speaker 11: Had thin markets in very thin hours where we had extremes.

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Speaker 11: Then the market comes into our own time zone. You

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Speaker 11: populate that with much more training. Here's the only thing

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Speaker 11: that I look at. I'd like to keep it simple, folks,

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Speaker 11: and let's keep the emotions down. The high yield closed

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Speaker 11: for the year in two's hope that was at four

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Speaker 11: thirty eight on the thirteenth of January, so that we

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Speaker 11: can see has a flight to quality, flight to safety

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Speaker 11: feature built in, maybe a FED component built in.

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Speaker 4: Now, let's go up the curve.

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Speaker 11: On the fourteenth of January, a tenure closed it four

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Speaker 11: seventy nine, A thirty year closed at for ninety eight.

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Speaker 11: Those closing meals are above where we're at now.

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Speaker 4: So if the world is so.

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Speaker 11: Bad and treasuries are expressing everything's on fire, why can't

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Speaker 11: we get a higher yield close.

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Speaker 4: On the year firstus where we were in January? Those

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Speaker 4: are numbers we should pay attention to.

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Speaker 9: Of course, Ricks Santelle once again, the great Rick Santelle

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Speaker 9: counters ninety percent.

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Speaker 5: Of the hair on fire that you see.

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Speaker 9: Although the bond market gets a vote here and gets

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Speaker 9: a big vote, and they're going to get a huge

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Speaker 9: vote on us running these massive deficits. A day Bret economist,

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Speaker 9: the economist, Day Brett, not the moral philosopher Day Brett.

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Speaker 9: Pretty impressive numbers coming out of what President True's doing

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Speaker 9: in his team.

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Speaker 5: Sir, you wouldn't You wouldn't know that by watching the business.

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Speaker 9: All they say it is that expectation, you know, people's

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Speaker 9: inflation expectations at the University of Michigan survey, they're just

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Speaker 9: they're they're they're they're they're.

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Speaker 5: Banging anything to trash Trump.

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Speaker 9: They will pick any number of possible paths to trash

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Speaker 9: Trump except the big meaningful numbers.

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Speaker 5: What do you what do you got for it? How

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Speaker 5: do you interpret this, sir?

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Speaker 6: Yeah?

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Speaker 10: Well, the first thing is I just love Santelli. You

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Speaker 10: can just tell the guy is a truth detector right

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Speaker 10: the way he talks. He just spits it out. You

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Speaker 10: can't lie that fast. The mainstream media is very clever

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Speaker 10: in their language, right, They're very good at lying.

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Speaker 6: They're sophisticated.

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Speaker 10: I read CNN on the PPI and the market's anticipating

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Speaker 10: some stuff, but they can't anticipate other stuff due to Trump.

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Speaker 10: But bottom line, yeah, that the the the PPI has

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Speaker 10: gone down right, three two to two seven annually, and

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Speaker 10: that's about weather for retail prices and the CPI, uh,

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Speaker 10: the consumer pricing inflation.

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Speaker 6: So so the PPI is on the producer side. But

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Speaker 6: it's good news.

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Speaker 10: And in there you saw food prices are going down,

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Speaker 10: oil prices are going down, energy prices going down. All

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Speaker 10: great news. And yet when you look at the mainstream media,

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Speaker 10: all you see I was on a show this morning

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Speaker 10: and they put up these huge, massive price increases. Those

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Speaker 10: are expected, likely written by the lords of easy money

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Speaker 10: Wall Street crew.

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Speaker 6: In order to drive a narrative.

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Speaker 10: Those are not actual real data that are coming out

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Speaker 10: on prices. There's no evidence of prices going up due

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Speaker 10: to Trump's trade war, nothing yet.

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Speaker 4: Right.

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Speaker 10: It's like my favorite guy, Bob Gordon on Technology and AI.

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Speaker 10: He says, don't you see technology everywhere? Bob? And he says,

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Speaker 10: along with another nobel guy, Yeah, I see technology everywhere,

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Speaker 10: just not in the data, right, And.

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Speaker 5: So yeah, hang on, hang on. I want to say

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Speaker 5: one thing.

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Speaker 9: I don't want to give the name of the show,

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Speaker 9: but you were on You're on Conservative talk radio. Conservative

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Speaker 9: Talk Radio is sitting there there on fire. They're running around,

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Speaker 9: they're running around, actually pitching the running dogs of Wall

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Speaker 9: Street's pitch against President Trump's America First economic policies to.

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Speaker 5: Bring jobs back here.

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Speaker 9: And my only point is, Yo, you were the folks

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Speaker 9: that kind of stood around and cheered while all this happened.

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Speaker 5: Hey, this thing, it didn't get gutted in the darken night.

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Speaker 5: It got gutted in broad daylight, with.

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Speaker 9: Everybody sitting there and quite frankly, the Republican Party cheering

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Speaker 9: this is.

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Speaker 5: Why on Capitol Hill you've got these people.

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Speaker 9: Behind the scenes all hate Trump and all hate Trump's

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Speaker 9: economic policies. That's why they're sitting there every day. You

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Speaker 9: got to see the Palace intrigue stories. Peter Navarro's out

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Speaker 9: and Scott Bessett. Hey, nobody knows Novara and best and

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Speaker 9: better than me. Right, they're two good friends, their colleagues.

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Speaker 9: Scott's been on the show for a couple of years,

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Speaker 9: really got it, got his start in talking to media,

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Speaker 9: right because he was a guy who's a totally private guy.

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Speaker 5: Got to start talking on media here on the war room,

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Speaker 5: which is what we try to do.

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Speaker 9: It get people reps and get comfortable and you ask

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Speaker 9: them questions and they got to answer on the spot.

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Speaker 9: Peter Novarro, you know, was a guy we brought in

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Speaker 9: Jared found, but I had known from his writings Jared found,

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Speaker 9: you know, back almost.

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Speaker 5: A decade ago.

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Speaker 9: Peter Navar is very, very involved in making these deals.

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Speaker 9: And Peter Navarro, I tell people, Peter Navarro is a

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Speaker 9: reflection of President Trump's natural instincts of.

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Speaker 5: How to bring jobs back here and bring manufacturing jobs.

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Speaker 9: And Trump's not backing off that anybody thinks he's backing

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Speaker 9: off and Wall Street convinces themselves that's why they fled

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Speaker 9: the zone, Dave, as you know, and you're on the

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Speaker 9: show today, and these are good guys, but they just

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Speaker 9: spout the nonsense that comes out of Wall Street and

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Speaker 9: comes out of the globals. Remember, the Wall Street crowd

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Speaker 9: wants no borders, they want no control of labor. You

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Speaker 9: saw the other day when Elon said, oh, yeah, what

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Speaker 9: you know, he's telling the European crowd, he's talking to Slovenian.

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Speaker 5: Yeah, what we want is really a.

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Speaker 9: Zero trade pack with Europe, a trade pack with your

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Speaker 9: zero tariffs. And what we one is you guys have

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Speaker 9: absolutely free uh you know, ability to come into the

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Speaker 9: United States and take jobs.

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Speaker 5: No, that's exactly not what we want. That's kind of

442
00:23:08,119 --> 00:23:10,800
Speaker 5: the opposite of what we want. Uh. And President Trump's

443
00:23:10,840 --> 00:23:11,520
Speaker 5: going to enforce this.

444
00:23:11,680 --> 00:23:15,280
Speaker 9: President Trump is focused on bringing manufacturing jobs back. And

445
00:23:15,320 --> 00:23:18,119
Speaker 9: you can tell by the data you see today because

446
00:23:18,240 --> 00:23:20,879
Speaker 9: they're hammering all these shows inflations I control, I go,

447
00:23:20,920 --> 00:23:22,760
Speaker 9: what are you talking about, P, P, I and C.

448
00:23:23,000 --> 00:23:25,160
Speaker 5: You know, the wholesale prices.

449
00:23:24,840 --> 00:23:27,360
Speaker 9: Are coming down in the in the in the retail

450
00:23:27,359 --> 00:23:29,879
Speaker 9: prices are coming down and every and you're right. You

451
00:23:29,920 --> 00:23:32,080
Speaker 9: look at these shows and every charts going through the roof,

452
00:23:32,200 --> 00:23:34,560
Speaker 9: I go, what are they? What are they looking at?

453
00:23:34,840 --> 00:23:39,800
Speaker 9: Who do they who do they have? Dave Brett your thoughts? Yeah, well,

454
00:23:39,880 --> 00:23:44,040
Speaker 9: I the Cold Open. Lately they've just been outstanding. The

455
00:23:44,040 --> 00:23:47,080
Speaker 9: shows over the past couple of weeks have just been outstanding.

456
00:23:47,680 --> 00:23:49,840
Speaker 10: But the one of the talking heads is screaming about

457
00:23:49,840 --> 00:23:53,440
Speaker 10: a crisis in confidence. Uh, and a crisis in confidence

458
00:23:53,480 --> 00:23:56,800
Speaker 10: with respect to the truth, yes, from the mainstream media.

459
00:23:57,440 --> 00:23:57,600
Speaker 4: Uh.

460
00:23:57,640 --> 00:23:59,800
Speaker 10: And these Wall Street folks. And when I you know,

461
00:23:59,880 --> 00:24:04,040
Speaker 10: I speak in general when I'm pinging billionaires, I'm talking

462
00:24:04,080 --> 00:24:07,560
Speaker 10: about the Magnificent seven. There's billionaires in the manufacturing sector

463
00:24:07,600 --> 00:24:08,760
Speaker 10: who are great patriots.

464
00:24:09,240 --> 00:24:11,320
Speaker 6: So it's kind of like, you know, China and the CCP.

465
00:24:12,359 --> 00:24:13,639
Speaker 6: But these guys that.

466
00:24:13,800 --> 00:24:16,919
Speaker 10: This truth issue is serious, and the Wall Street Journal

467
00:24:16,920 --> 00:24:19,960
Speaker 10: and these folks, they're losing their credibility by the second.

468
00:24:20,000 --> 00:24:22,960
Speaker 10: Then Rachel Maddow comes in with a violin crying again

469
00:24:23,480 --> 00:24:24,080
Speaker 10: and oh.

470
00:24:23,960 --> 00:24:25,959
Speaker 6: What were you big law firms?

471
00:24:26,200 --> 00:24:28,320
Speaker 10: Don't you care about any of these you know, beautiful

472
00:24:28,480 --> 00:24:31,600
Speaker 10: words called the rule of law and all these beautiful

473
00:24:31,600 --> 00:24:36,240
Speaker 10: things you learn in law school. Rachel you got to

474
00:24:36,240 --> 00:24:38,320
Speaker 10: be kidding coming from the left. Once you get rid

475
00:24:38,400 --> 00:24:42,240
Speaker 10: of God, the truth is right there with it. Right,

476
00:24:42,280 --> 00:24:45,080
Speaker 10: there goes the truth, and there go all your beautiful words.

477
00:24:45,160 --> 00:24:47,600
Speaker 10: So if you want to reconstruct the beautiful words, Rachel,

478
00:24:48,440 --> 00:24:50,840
Speaker 10: let's get back at it. And you know, I think

479
00:24:50,920 --> 00:24:53,399
Speaker 10: it was Dusty Yusky or something like that he said,

480
00:24:53,720 --> 00:24:58,520
Speaker 10: you know, on once God has gone, everything is permissible, right,

481
00:24:58,560 --> 00:25:01,919
Speaker 10: And so I'd recommend that to Rachel. And then maybe Krekerguard,

482
00:25:02,160 --> 00:25:04,360
Speaker 10: build your faith and fear and trembling. That might help

483
00:25:04,400 --> 00:25:06,520
Speaker 10: out the left a little as well.

484
00:25:07,000 --> 00:25:08,560
Speaker 5: I knew, I knew, I knew I was going to

485
00:25:08,600 --> 00:25:10,600
Speaker 5: have you on here to be the economists today, and

486
00:25:10,640 --> 00:25:12,040
Speaker 5: you were going to go more fully. You're going to

487
00:25:12,080 --> 00:25:12,879
Speaker 5: talk Kirkerguard.

488
00:25:13,320 --> 00:25:16,280
Speaker 9: We got Dave bred down, hang on, no, what she

489
00:25:16,440 --> 00:25:18,600
Speaker 9: what she's talking about? And we'll play that club. I

490
00:25:18,600 --> 00:25:21,320
Speaker 9: wanted to tee the audience up. What she's talking about

491
00:25:21,640 --> 00:25:24,280
Speaker 9: is Mike Davis is going to come on. There's an

492
00:25:24,320 --> 00:25:27,760
Speaker 9: amazing piece in Politico. Yes I did say that. It's

493
00:25:27,760 --> 00:25:30,320
Speaker 9: an amazing piece in Politico, and it's about Trump and

494
00:25:30,400 --> 00:25:34,000
Speaker 9: the institutions and how the institutions are. You know, President

495
00:25:34,000 --> 00:25:39,080
Speaker 9: Trump is confronting these American institutions built by Americans over many,

496
00:25:39,080 --> 00:25:41,439
Speaker 9: many decades that have turned on the American people and

497
00:25:41,480 --> 00:25:45,199
Speaker 9: really represent globalist interest. And from the law firms to

498
00:25:45,240 --> 00:25:48,119
Speaker 9: the universities. I've got a whole other punch list. We

499
00:25:48,200 --> 00:25:52,159
Speaker 9: got to expand there like the banks, and President Trump's

500
00:25:52,160 --> 00:25:55,679
Speaker 9: taking them on and they're cratering. And Rachel Matdow, like

501
00:25:55,720 --> 00:25:57,680
Speaker 9: her or not like her, she is ahead of the curve.

502
00:25:57,760 --> 00:26:00,639
Speaker 9: She she sees where this is going. And she puts

503
00:26:00,640 --> 00:26:04,120
Speaker 9: out basically a cry for help as yesterday President Trump

504
00:26:04,160 --> 00:26:06,040
Speaker 9: of the day before, so I had that executive order

505
00:26:06,040 --> 00:26:10,679
Speaker 9: he signed on crabs in the voting machines, and tulci

506
00:26:10,720 --> 00:26:12,840
Speaker 9: Garbrett came at the same time. It says, hey, over

507
00:26:12,920 --> 00:26:15,400
Speaker 9: d and I I think we've got some evidence there

508
00:26:15,440 --> 00:26:18,280
Speaker 9: is messing with voting machines that'll shake them all up.

509
00:26:18,359 --> 00:26:20,359
Speaker 5: And I say that as a guy that people know.

510
00:26:20,680 --> 00:26:22,359
Speaker 9: I'm not a machine guy here, I'm a mail in

511
00:26:22,400 --> 00:26:25,720
Speaker 9: ballot and how they stole it. However, those machines, there's

512
00:26:25,720 --> 00:26:28,080
Speaker 9: something up on something I've always been suspicious.

513
00:26:28,320 --> 00:26:30,280
Speaker 5: It looks like that whole narrative is about to change.

514
00:26:30,320 --> 00:26:34,240
Speaker 9: And Rachel Maddow is pleading on her show to have

515
00:26:34,359 --> 00:26:37,760
Speaker 9: the cavalry come and save them from Trump.

516
00:26:38,080 --> 00:26:39,360
Speaker 5: Okay, we got more economics.

517
00:26:39,440 --> 00:26:41,520
Speaker 9: It's one of the reasons the bond market, I think

518
00:26:41,680 --> 00:26:45,240
Speaker 9: is kind of dicey right now. And Gold's at thirty

519
00:26:45,320 --> 00:26:47,440
Speaker 9: two hundred, yes you heard that thirty in fact, thirty

520
00:26:47,440 --> 00:26:51,199
Speaker 9: two to fifty. The reason is, we'll explain it in

521
00:26:51,240 --> 00:26:57,640
Speaker 9: a moment with Dave Bread from Liberty University.

522
00:27:00,119 --> 00:27:01,800
Speaker 5: Hugh's your host, Stephen K.

523
00:27:02,040 --> 00:27:02,240
Speaker 2: Bath.

524
00:27:05,280 --> 00:27:07,760
Speaker 5: Biden would have Biden would have killed for these numbers.

525
00:27:08,359 --> 00:27:09,760
Speaker 5: Biden would have killed for these numbers.

526
00:27:09,800 --> 00:27:11,920
Speaker 9: And it sure as your President Trump's economic plan is

527
00:27:11,960 --> 00:27:15,679
Speaker 9: starting to unfold, his economic plan is going to cause turbulence.

528
00:27:16,280 --> 00:27:17,720
Speaker 9: This is why we told you we're going to go

529
00:27:17,800 --> 00:27:20,040
Speaker 9: through turbulence. And we've been talking for years about the

530
00:27:20,160 --> 00:27:21,280
Speaker 9: end of the dollar empire.

531
00:27:21,440 --> 00:27:22,200
Speaker 5: And you know we.

532
00:27:22,200 --> 00:27:25,240
Speaker 9: Conceive this with the guys at Birch Goals at thirty

533
00:27:25,240 --> 00:27:28,640
Speaker 9: two to fifty. Let me repeat that, goals at thirty

534
00:27:28,640 --> 00:27:31,919
Speaker 9: two to fifty. Number one, people are looking for a hedge.

535
00:27:32,600 --> 00:27:35,480
Speaker 9: Central banks are looking for a hedge. It's time now

536
00:27:35,520 --> 00:27:38,320
Speaker 9: for you to get as knowledgeable as the central banks.

537
00:27:38,400 --> 00:27:41,399
Speaker 9: And you can do it by watching the War Room

538
00:27:41,440 --> 00:27:43,199
Speaker 9: and also going to get all the free information we

539
00:27:43,280 --> 00:27:44,919
Speaker 9: put on Birch Gold. This is why we do it,

540
00:27:44,920 --> 00:27:46,400
Speaker 9: and this is why we make it free. We want

541
00:27:46,440 --> 00:27:48,879
Speaker 9: to make sure we school, we learn you up, We

542
00:27:48,920 --> 00:27:52,439
Speaker 9: get you up the learning curve. Why because if you're

543
00:27:52,520 --> 00:27:56,479
Speaker 9: up the learning curve, you're a much more powerful actor

544
00:27:57,080 --> 00:27:59,960
Speaker 9: on this stage of global politics. And supporting President Trump,

545
00:28:00,480 --> 00:28:03,119
Speaker 9: you're just not repeating memes all the time. You actually say, Hey,

546
00:28:03,119 --> 00:28:06,119
Speaker 9: I can think this through. I see exactly what's going on. Listen,

547
00:28:06,520 --> 00:28:09,280
Speaker 9: We're going to have a good old throwdown on this

548
00:28:09,640 --> 00:28:14,440
Speaker 9: reconciliation bill. I can tell you that's coming. Who tells

549
00:28:14,480 --> 00:28:17,080
Speaker 9: me coming? I think part of this bond market revolt

550
00:28:17,560 --> 00:28:19,320
Speaker 9: is due to that, And the bond market is going

551
00:28:19,359 --> 00:28:22,320
Speaker 9: to get a vote on this. Why is the bond

552
00:28:22,359 --> 00:28:24,040
Speaker 9: market going to get a vote on this, Dave Brad

553
00:28:24,080 --> 00:28:28,320
Speaker 9: can tell you, because we have to finance refinance I

554
00:28:28,359 --> 00:28:31,280
Speaker 9: don't know, ten trellion dollars of government securities every year.

555
00:28:31,320 --> 00:28:32,600
Speaker 5: Scott Beston's got to do this.

556
00:28:33,280 --> 00:28:35,480
Speaker 9: The reason everybody got all worked up the other day

557
00:28:35,520 --> 00:28:37,800
Speaker 9: is because the bond market kind of froze in the morning,

558
00:28:38,840 --> 00:28:41,000
Speaker 9: and Scott had to make sure he did. You know,

559
00:28:41,120 --> 00:28:43,680
Speaker 9: they had a treasury auction of ten years and went fine.

560
00:28:43,680 --> 00:28:47,400
Speaker 9: It was oversubscribed. But Ray Dalyo has told you, as

561
00:28:47,480 --> 00:28:49,120
Speaker 9: much as I'm not a fan of Ray Dalio is

562
00:28:49,120 --> 00:28:52,240
Speaker 9: about China, he told you you have a failed treasury

563
00:28:52,280 --> 00:28:55,560
Speaker 9: auction in the future that could trigger some bad things.

564
00:28:55,880 --> 00:28:58,160
Speaker 5: And here's the reason. We got thirty seven train in debt.

565
00:28:58,200 --> 00:29:00,680
Speaker 9: And it's adding all the time, and that reconciler Bill,

566
00:29:01,200 --> 00:29:03,000
Speaker 9: I think, is only going to add to it.

567
00:29:03,160 --> 00:29:04,720
Speaker 5: We're gonna get to that here in a moment.

568
00:29:04,760 --> 00:29:08,440
Speaker 9: The real crisis, I think, which is in the strictly

569
00:29:08,520 --> 00:29:11,400
Speaker 9: linked to this war with the Chinese Companist Party. But

570
00:29:12,200 --> 00:29:15,280
Speaker 9: President Trump, the reason they're hating on him, the reason

571
00:29:15,360 --> 00:29:17,520
Speaker 9: Jamie Diamond, all these guys going on TV and hating

572
00:29:17,560 --> 00:29:20,320
Speaker 9: on him. The New York Post has got a gaspering,

573
00:29:20,400 --> 00:29:23,760
Speaker 9: has got the scoop Dave Bratt. President Trump is what

574
00:29:23,840 --> 00:29:25,720
Speaker 9: I've been a big advocate do. Let's get to the

575
00:29:25,720 --> 00:29:27,720
Speaker 9: banks now, let's get to the hedge funds. You've done

576
00:29:27,800 --> 00:29:31,240
Speaker 9: the you've got the law firms, you've got the universities,

577
00:29:31,280 --> 00:29:33,520
Speaker 9: although we haven't gone to the state ivys, which I

578
00:29:33,560 --> 00:29:36,000
Speaker 9: still say you have to do. But it's time now

579
00:29:36,000 --> 00:29:38,480
Speaker 9: to get to the banks. And what is President Trump?

580
00:29:38,520 --> 00:29:40,600
Speaker 9: The New York Post gasprin has got a big scoop.

581
00:29:40,880 --> 00:29:42,760
Speaker 9: President Trump's going to do what to the banks, And

582
00:29:42,800 --> 00:29:44,920
Speaker 9: they're not liking it at all. These money center banks,

583
00:29:44,960 --> 00:29:47,720
Speaker 9: they are living like fat cats. They bought the investment banks.

584
00:29:48,280 --> 00:29:49,960
Speaker 9: They're skimming everything off the top.

585
00:29:50,480 --> 00:29:51,560
Speaker 5: What they don't want to do.

586
00:29:51,800 --> 00:29:56,479
Speaker 9: Dave, is actually lend money to American entrepreneurs and small businesses.

587
00:29:56,560 --> 00:29:59,360
Speaker 5: They hate that, right, because that's magat. Tell me what

588
00:29:59,400 --> 00:30:00,680
Speaker 5: President Trump's going to do, sir.

589
00:30:02,800 --> 00:30:05,280
Speaker 10: Yeah, Well, what Trump's going to do is in start

590
00:30:05,360 --> 00:30:08,680
Speaker 10: contrast to Biden, who basically left these big banks. Right,

591
00:30:08,800 --> 00:30:11,880
Speaker 10: all goes back to Glass Stiegel and some legislation in

592
00:30:11,880 --> 00:30:16,520
Speaker 10: the nineties which let these giant banks who have you know,

593
00:30:16,960 --> 00:30:20,240
Speaker 10: massive balance sheets, allowed them to do what the small

594
00:30:20,280 --> 00:30:23,080
Speaker 10: banks can't do, and then they got profitable with all

595
00:30:23,120 --> 00:30:24,080
Speaker 10: the hedge funds and all that.

596
00:30:24,200 --> 00:30:27,360
Speaker 6: Now Trump is saying, hey, no, you got this in reverse.

597
00:30:27,440 --> 00:30:30,719
Speaker 10: You guys got the big balance sheets and the small

598
00:30:30,760 --> 00:30:32,840
Speaker 10: banks you may not like them, they may not be.

599
00:30:32,800 --> 00:30:35,400
Speaker 6: As profitable you know, per unit or whatever. Tough luck.

600
00:30:35,960 --> 00:30:38,840
Speaker 10: We give you certain legal status and whatever in law,

601
00:30:39,320 --> 00:30:41,200
Speaker 10: and you're going to start loaning out to the small

602
00:30:41,240 --> 00:30:44,000
Speaker 10: guy again, and so the big banks are going to recoil, right,

603
00:30:44,040 --> 00:30:46,320
Speaker 10: and I think they Charlie roughly said, if you just

604
00:30:46,360 --> 00:30:48,480
Speaker 10: want to go to be Hedgemunt, then just go be

605
00:30:48,680 --> 00:30:53,240
Speaker 10: Goldman Sachs. But in essence, Trump is just one step

606
00:30:53,280 --> 00:30:56,080
Speaker 10: after the other. And the mainstream media and all the

607
00:30:56,320 --> 00:30:59,040
Speaker 10: cronies in the press cannot get this story straight because

608
00:30:59,040 --> 00:31:00,920
Speaker 10: they don't want to see it. Trump is helping a

609
00:31:00,960 --> 00:31:03,480
Speaker 10: small guy in every single story we're doing.

610
00:31:03,560 --> 00:31:05,280
Speaker 6: That's what he's doing systematically.

611
00:31:08,320 --> 00:31:10,360
Speaker 5: No, this is what they hate. You know.

612
00:31:10,440 --> 00:31:12,400
Speaker 9: One of the one of the folks in the engine

613
00:31:12,480 --> 00:31:14,480
Speaker 9: room that's always on top of things, said, hey, you

614
00:31:14,480 --> 00:31:16,360
Speaker 9: can tell him the you can tell in the open

615
00:31:17,280 --> 00:31:20,320
Speaker 9: that they're going down swinging, that the globalists are going

616
00:31:20,360 --> 00:31:23,600
Speaker 9: on swimming and they're cornered like a rabbit animal. Now

617
00:31:23,640 --> 00:31:26,320
Speaker 9: it's just personally attack on Trump. Personally attack on Trump.

618
00:31:26,360 --> 00:31:30,320
Speaker 9: It's only going to get worse. Everything he's reorienting is

619
00:31:30,360 --> 00:31:33,800
Speaker 9: to put America first. And it's not America only. It's

620
00:31:33,840 --> 00:31:38,640
Speaker 9: America first, and American citizens first. People miss sometimes the

621
00:31:38,680 --> 00:31:41,600
Speaker 9: second part of that. It's to put American citizens first.

622
00:31:41,640 --> 00:31:44,640
Speaker 9: The little guy, they're forgotten man, and woman that would

623
00:31:44,680 --> 00:31:48,120
Speaker 9: be you, that the whole burden rest on your shoulders.

624
00:31:48,400 --> 00:31:50,520
Speaker 9: You're the one that pays for everything. You're the one

625
00:31:50,560 --> 00:31:52,920
Speaker 9: that does everything. You're the one that volunteers or everything.

626
00:31:52,960 --> 00:31:55,720
Speaker 9: It's your sons and daughters or yourself back in your

627
00:31:55,960 --> 00:31:59,880
Speaker 9: early days that volunteered as a patriot to defend this nation,

628
00:32:00,040 --> 00:32:04,240
Speaker 9: to defend the Republic all over Hell's half acre, right. So,

629
00:32:04,440 --> 00:32:07,600
Speaker 9: and you guys, it's for decades and decades and decades.

630
00:32:07,600 --> 00:32:10,560
Speaker 9: It would just reached the point it can't continue. It

631
00:32:10,600 --> 00:32:14,120
Speaker 9: can't continue. Something's got to stop. That's why Trump ran

632
00:32:14,160 --> 00:32:17,600
Speaker 9: for president. Trump ran for president that I'm bringing jobs back.

633
00:32:17,640 --> 00:32:20,360
Speaker 9: These trade deals everybody's ripping us off, and you've had

634
00:32:20,400 --> 00:32:22,960
Speaker 9: a mass migration. Now, this is why yesterday and the show,

635
00:32:23,040 --> 00:32:26,080
Speaker 9: and I did some work last night before I gave

636
00:32:26,120 --> 00:32:28,880
Speaker 9: a talk last night to a group before I did

637
00:32:28,920 --> 00:32:31,520
Speaker 9: some work on this thing about getting an investigation going

638
00:32:31,640 --> 00:32:35,040
Speaker 9: of you know, how did they organize ten million people

639
00:32:35,040 --> 00:32:37,360
Speaker 9: to invade our border and now it's going cost us

640
00:32:37,360 --> 00:32:40,640
Speaker 9: a one hundred and seventy billion dollars to get it off.

641
00:32:40,840 --> 00:32:41,840
Speaker 5: I want to go back.

642
00:32:41,680 --> 00:32:45,520
Speaker 9: To that, this Reconciliation bill. One of the reasons and

643
00:32:45,520 --> 00:32:46,920
Speaker 9: the bond market is going to have a vote on this.

644
00:32:47,880 --> 00:32:50,440
Speaker 9: We're pretty good at predicting the future, or you know,

645
00:32:50,840 --> 00:32:53,000
Speaker 9: just it ain't that hard. Just look down the critical

646
00:32:53,040 --> 00:32:55,880
Speaker 9: path and you see what's got to happen. Write this

647
00:32:55,960 --> 00:32:59,440
Speaker 9: down with your number two princal. Bond market gets a vote. Okay,

648
00:33:00,520 --> 00:33:03,640
Speaker 9: is going to get a vote when everything's exposed, because

649
00:33:03,680 --> 00:33:05,480
Speaker 9: it's all got to be exposed. And we get into

650
00:33:05,520 --> 00:33:08,959
Speaker 9: this reconciliation and we got to stop the fantasy thinking.

651
00:33:09,280 --> 00:33:13,040
Speaker 9: It's not fantasy football. This is reality and there's some

652
00:33:13,120 --> 00:33:16,000
Speaker 9: fantasy going on. I want to start with and Brett,

653
00:33:16,040 --> 00:33:17,960
Speaker 9: I'll toss it to you for this article that's quite

654
00:33:17,960 --> 00:33:21,200
Speaker 9: frankly amazing because it just lays it out. I think

655
00:33:21,440 --> 00:33:23,680
Speaker 9: when they talk about one point five trellion dollars in

656
00:33:23,720 --> 00:33:27,400
Speaker 9: cuts you trading here being babang babung, that's over a

657
00:33:27,440 --> 00:33:29,520
Speaker 9: ten year period. I keep saying it because there is

658
00:33:29,560 --> 00:33:31,960
Speaker 9: a regulation that when they roll these things.

659
00:33:31,720 --> 00:33:33,080
Speaker 5: Out, they got to talk in ten years.

660
00:33:33,200 --> 00:33:36,239
Speaker 9: Part of that is to give them cover so they

661
00:33:36,280 --> 00:33:38,480
Speaker 9: don't have to make tough calls today and they can

662
00:33:38,520 --> 00:33:40,760
Speaker 9: just kick the can down the road and they sit

663
00:33:40,800 --> 00:33:43,280
Speaker 9: there and when McCarthy did it, people would call me

664
00:33:43,280 --> 00:33:45,920
Speaker 9: and go, how could you possibly oppose this? There's so

665
00:33:45,960 --> 00:33:48,640
Speaker 9: many conservative wins in here. I go, give me a win,

666
00:33:49,320 --> 00:33:51,680
Speaker 9: name one. They go with this program, this program, I go,

667
00:33:52,040 --> 00:33:53,640
Speaker 9: it doesn't kick in for years.

668
00:33:53,960 --> 00:33:56,240
Speaker 5: What kicks in is he uncapped.

669
00:33:56,280 --> 00:33:58,640
Speaker 9: He took the lid off the dead ceiling and kicked

670
00:33:58,680 --> 00:34:01,000
Speaker 9: it two years down the road. You gave him additional

671
00:34:01,120 --> 00:34:02,880
Speaker 9: year that Biden didn't even want to take it out

672
00:34:02,880 --> 00:34:03,720
Speaker 9: of the national election.

673
00:34:04,240 --> 00:34:06,400
Speaker 5: You kicked it down. And what did Biden do? Ran up?

674
00:34:06,440 --> 00:34:09,440
Speaker 5: I don't know, six seven, eight trillion dollars. This is

675
00:34:09,480 --> 00:34:10,160
Speaker 5: what happened.

676
00:34:10,200 --> 00:34:12,960
Speaker 9: And now that's all money spent and then go into

677
00:34:13,040 --> 00:34:16,560
Speaker 9: capital equipment or plant. It went into operating expense, and

678
00:34:16,560 --> 00:34:19,360
Speaker 9: now you're left stuck paying for the bill and it

679
00:34:19,360 --> 00:34:22,320
Speaker 9: gets harder and harder. Inflation is and now embedded because

680
00:34:22,360 --> 00:34:25,399
Speaker 9: Scott Besson's got to go out and raise you know,

681
00:34:25,560 --> 00:34:28,320
Speaker 9: ten trillion dollars a year of government securities. Dave Brett,

682
00:34:28,320 --> 00:34:31,440
Speaker 9: talk to me about the phoniness of these budget cuts.

683
00:34:33,680 --> 00:34:37,800
Speaker 10: Well, the phoniness is embedded in one story, the group

684
00:34:37,880 --> 00:34:42,280
Speaker 10: of Rhino senators who are trying to keep Biden's green stuff.

685
00:34:42,360 --> 00:34:44,399
Speaker 10: But let's just get to the headline for the big

686
00:34:44,480 --> 00:34:48,480
Speaker 10: numbers in that article, and so they it's from I

687
00:34:48,520 --> 00:34:50,879
Speaker 10: think it's from kind of a center left group, maybe

688
00:34:50,920 --> 00:34:52,200
Speaker 10: even a Center for Budget control.

689
00:34:52,239 --> 00:34:53,880
Speaker 6: But they're they're right on the numbers.

690
00:34:53,880 --> 00:34:57,239
Speaker 10: Set one point five or one point eight trillion in

691
00:34:57,400 --> 00:35:01,040
Speaker 10: cuts over ten years, and that's it if you believe that, right.

692
00:35:01,160 --> 00:35:03,360
Speaker 10: Thune was having a hard time saying that in public

693
00:35:03,440 --> 00:35:07,000
Speaker 10: over ten years. That's one hundred billion a year whatever, right,

694
00:35:07,600 --> 00:35:12,320
Speaker 10: Versus eighty six trillion dollars in spending over ten years.

695
00:35:12,600 --> 00:35:16,759
Speaker 10: So one point eight trillion cuts eighty six trillion spending.

696
00:35:17,160 --> 00:35:20,719
Speaker 10: One point eight is about two point three percent of

697
00:35:20,719 --> 00:35:22,160
Speaker 10: that eighty six trillion.

698
00:35:22,640 --> 00:35:23,760
Speaker 6: So we're talking nothing.

699
00:35:23,880 --> 00:35:25,480
Speaker 10: And I don't even think you get to the one

700
00:35:25,520 --> 00:35:26,960
Speaker 10: point eight trillion in cuts.

701
00:35:27,360 --> 00:35:27,560
Speaker 4: Right.

702
00:35:28,680 --> 00:35:31,839
Speaker 10: The best indicator every single year is whatever we're doing

703
00:35:31,960 --> 00:35:34,520
Speaker 10: this year, whatever we're spending this year, So we do

704
00:35:34,600 --> 00:35:37,640
Speaker 10: another Biden Pelosi budget, that's what you're gonna get for

705
00:35:37,680 --> 00:35:38,600
Speaker 10: the next ten years.

706
00:35:41,600 --> 00:35:45,800
Speaker 9: The this is the point over the ten years, repeat

707
00:35:45,840 --> 00:35:48,280
Speaker 9: that it's eighty six trillion dollars in spending.

708
00:35:49,200 --> 00:35:50,000
Speaker 5: Is that correct?

709
00:35:50,040 --> 00:35:53,680
Speaker 9: Tay bred eight eighty six trillion dollars they are going

710
00:35:53,719 --> 00:35:56,800
Speaker 9: to that's going to essentially be transferred from your pocket

711
00:35:57,000 --> 00:36:00,920
Speaker 9: in taxes right your pocket and tax yes, for them

712
00:36:00,960 --> 00:36:02,719
Speaker 9: to spend plus two trillion.

713
00:36:02,520 --> 00:36:03,040
Speaker 5: Dollars a year.

714
00:36:03,040 --> 00:36:05,600
Speaker 9: If they have a gap, they'll just sell it. They'll

715
00:36:05,600 --> 00:36:08,840
Speaker 9: sell the bonds to foreigners. And what they can't sell,

716
00:36:09,280 --> 00:36:12,120
Speaker 9: that we'll just sell to ourselves. Will just essentially print money,

717
00:36:12,200 --> 00:36:15,880
Speaker 9: and that deficit builds up, builds up, builds up. And

718
00:36:15,920 --> 00:36:17,480
Speaker 9: this is why when they come back and answer for

719
00:36:17,560 --> 00:36:19,839
Speaker 9: the death sealing of relief in the Senate bill, it's

720
00:36:20,600 --> 00:36:23,439
Speaker 9: lo and behold five trillion dollars. And I think that's

721
00:36:23,440 --> 00:36:25,759
Speaker 9: over two years. I still haven't got an answer on that.

722
00:36:25,840 --> 00:36:28,760
Speaker 9: I think it's two trillion dollars. It's five trillion dollars

723
00:36:29,040 --> 00:36:32,160
Speaker 9: that gets us to pass the midterms, then you've broken

724
00:36:32,200 --> 00:36:33,200
Speaker 9: forty three dollars.

725
00:36:33,239 --> 00:36:35,279
Speaker 5: This thing's not going to stop until we make it

726
00:36:35,320 --> 00:36:38,400
Speaker 5: stop because the political class is too gutless.

727
00:36:38,440 --> 00:36:40,040
Speaker 9: And let they sit there. They walk in front of

728
00:36:40,040 --> 00:36:42,000
Speaker 9: the camera. Mike Johnson walks in front of the camera.

729
00:36:43,040 --> 00:36:46,760
Speaker 9: We've had such serious and significant, you know meetings. Remember

730
00:36:46,760 --> 00:36:49,960
Speaker 9: they went to Durral about two months ago. They came

731
00:36:50,000 --> 00:36:53,279
Speaker 9: out of Durell. The conference came at a Durell their

732
00:36:53,320 --> 00:36:56,319
Speaker 9: think tank. They spent three days a draw and they

733
00:36:56,360 --> 00:36:58,760
Speaker 9: came up with thirty billion dollars in cuts.

734
00:36:59,440 --> 00:37:03,279
Speaker 5: Thirty dollars and cuts. It's just it's it's it's ends.

735
00:37:03,600 --> 00:37:04,600
Speaker 5: It's a it's a joke.

736
00:37:06,120 --> 00:37:10,600
Speaker 10: And and this is without any wars. Right, we have

737
00:37:10,800 --> 00:37:13,680
Speaker 10: World War two debt levels now percented GDP with no

738
00:37:13,760 --> 00:37:15,640
Speaker 10: wars going on right now. I mean, we wasted a

739
00:37:15,640 --> 00:37:18,600
Speaker 10: ton of Ukraine, but now there's serious stuff on the

740
00:37:18,640 --> 00:37:19,640
Speaker 10: map going forward.

741
00:37:19,719 --> 00:37:21,080
Speaker 6: Right, So the budget.

742
00:37:20,719 --> 00:37:24,719
Speaker 10: Doesn't include it doesn't include any COVID emergencies, no crises.

743
00:37:24,920 --> 00:37:27,160
Speaker 10: So the numbers are going to be way bigger than

744
00:37:27,200 --> 00:37:29,799
Speaker 10: the eighty six trade in spending. Right, this is just

745
00:37:29,880 --> 00:37:33,720
Speaker 10: status quo, built in government running as usual funding Biden

746
00:37:34,000 --> 00:37:35,279
Speaker 10: Green bailout bill.

747
00:37:35,880 --> 00:37:37,600
Speaker 6: And if that thing ends up in there.

748
00:37:37,400 --> 00:37:40,440
Speaker 10: They're going to crush the Republican spirit. This this new

749
00:37:40,520 --> 00:37:44,719
Speaker 10: spirit that thinks we're making progress. The Chip Roy and

750
00:37:44,719 --> 00:37:46,560
Speaker 10: all these guys are doing great work over there. He's

751
00:37:46,560 --> 00:37:48,640
Speaker 10: totally opposed. They got a group of twenty guys against

752
00:37:48,640 --> 00:37:51,239
Speaker 10: this thing, so I hope they I hope they put

753
00:37:51,280 --> 00:37:51,719
Speaker 10: up a fight.

754
00:37:54,200 --> 00:37:56,920
Speaker 5: Well, they had twenty five votes. I guess, of course.

755
00:37:56,960 --> 00:38:01,080
Speaker 9: President Trump's tax plan is in this too, and Bessett

756
00:38:01,120 --> 00:38:04,560
Speaker 9: and President Trump are correct. This is probably our last

757
00:38:04,600 --> 00:38:07,880
Speaker 9: shot to get a supply side tax cut where we

758
00:38:07,960 --> 00:38:09,400
Speaker 9: incentivize production.

759
00:38:09,560 --> 00:38:10,680
Speaker 5: And that's you know.

760
00:38:11,680 --> 00:38:14,279
Speaker 9: But even President Trump now it's all over. It's been

761
00:38:14,320 --> 00:38:18,520
Speaker 9: reported in a dozen different places. And guess what. Tom

762
00:38:18,520 --> 00:38:20,480
Speaker 9: Emmer and these guys are not happy about the people

763
00:38:20,520 --> 00:38:23,040
Speaker 9: that control by the big donors. He's saying, Hey, the

764
00:38:23,120 --> 00:38:25,920
Speaker 9: extension for the tax cuts for our audience, the working

765
00:38:25,920 --> 00:38:29,040
Speaker 9: class and middle class and entrepreneurs should go forward. But

766
00:38:29,200 --> 00:38:31,880
Speaker 9: for the upper bracket or a new bracket, they creative

767
00:38:31,920 --> 00:38:34,799
Speaker 9: people make a million dollars or more. I think we're

768
00:38:34,840 --> 00:38:37,120
Speaker 9: gonna have a snapback. I think we're gonna go from

769
00:38:37,200 --> 00:38:39,359
Speaker 9: the thirty seven back to the thirty nine, or if

770
00:38:39,360 --> 00:38:41,960
Speaker 9: it's millionaires, maybe at forty. There's all kind of talk

771
00:38:42,000 --> 00:38:44,480
Speaker 9: of what would happen, but it'd be the first time

772
00:38:44,520 --> 00:38:47,640
Speaker 9: that the wealthy got taxed with the Democrats didn't do.

773
00:38:47,640 --> 00:38:49,680
Speaker 9: Don't listen to Bernie Sanders and AOC and all this

774
00:38:49,719 --> 00:38:52,520
Speaker 9: happy talk. They had control in twenty one. They had

775
00:38:52,520 --> 00:38:54,759
Speaker 9: controlled the House. They had Schumer, they had Pelosi, they

776
00:38:54,760 --> 00:38:59,240
Speaker 9: had Biden, and they were damned quick to pass spending bills,

777
00:39:00,080 --> 00:39:05,719
Speaker 9: massive spending bills, right, incredible fuse traions of dollars into

778
00:39:05,760 --> 00:39:09,120
Speaker 9: the system that we didn't need to kick in aggurate

779
00:39:09,160 --> 00:39:11,160
Speaker 9: demand that had come back, and we just said, hey,

780
00:39:11,280 --> 00:39:13,080
Speaker 9: as you know, Dave Brett, you're the best of this.

781
00:39:13,520 --> 00:39:14,160
Speaker 5: It's too few.

782
00:39:14,200 --> 00:39:16,200
Speaker 9: It's just all you're doing is flooding the zone with

783
00:39:16,320 --> 00:39:20,120
Speaker 9: the monetary policy, and you're gonna and you're gonna, you.

784
00:39:20,080 --> 00:39:22,120
Speaker 5: Know, more dollars. You're going to cause inflation.

785
00:39:22,560 --> 00:39:25,319
Speaker 9: In that time, they talked about, oh they're billionaire tax

786
00:39:25,360 --> 00:39:26,960
Speaker 9: they're going to do this, and they're going to do this,

787
00:39:27,040 --> 00:39:27,520
Speaker 9: and they're going to.

788
00:39:27,560 --> 00:39:29,800
Speaker 5: Tax the wealthy. Democratic Party did nothing.

789
00:39:30,320 --> 00:39:35,160
Speaker 9: Why they're owned lockstock and barrel by the billionaires and

790
00:39:35,280 --> 00:39:38,200
Speaker 9: this group of goofballs called the credential class. They have

791
00:39:38,239 --> 00:39:40,520
Speaker 9: a bunch of degrees that they can't make a living

792
00:39:40,560 --> 00:39:42,680
Speaker 9: off of, and so they got to barrow the money,

793
00:39:42,760 --> 00:39:44,839
Speaker 9: and the working class in this country got to pay

794
00:39:44,880 --> 00:39:45,120
Speaker 9: for it.

795
00:39:45,640 --> 00:39:47,000
Speaker 5: So this system has to stop.

796
00:39:47,000 --> 00:39:50,080
Speaker 9: President Trump's tax cuts are very very very important. They

797
00:39:50,120 --> 00:39:53,040
Speaker 9: are and they will get growth of there's no doubt

798
00:39:53,080 --> 00:39:54,680
Speaker 9: about that. Best and it's got a model. They got

799
00:39:54,680 --> 00:39:56,000
Speaker 9: growth of it, but the growth is not going to

800
00:39:56,080 --> 00:39:58,200
Speaker 9: be great enough to close that gap.

801
00:39:58,440 --> 00:40:00,239
Speaker 5: So somewhere somebody's going to to.

802
00:40:00,160 --> 00:40:03,319
Speaker 9: Be an adult and say, hey, I actually think we

803
00:40:03,360 --> 00:40:05,480
Speaker 9: have to cut real spending. We can't be run around doze.

804
00:40:05,480 --> 00:40:08,759
Speaker 9: You saw yesterday Elon in the board meeting. I don't

805
00:40:08,800 --> 00:40:11,040
Speaker 9: want to say that. Steve Benning said this day was

806
00:40:11,080 --> 00:40:15,239
Speaker 9: gonna happen, but all of a sudden, it's not a trillion.

807
00:40:15,000 --> 00:40:16,600
Speaker 5: Dollars, and it's not this year.

808
00:40:16,719 --> 00:40:19,160
Speaker 9: It's one hundred and fifty billion dollars, and it's guess

809
00:40:19,160 --> 00:40:20,319
Speaker 9: what it's next year?

810
00:40:20,680 --> 00:40:22,839
Speaker 5: Do you see the look on the cabinet? People will go, what,

811
00:40:23,320 --> 00:40:26,000
Speaker 5: hang on, where's my trade? And buck, where's my trillion dollars?

812
00:40:26,760 --> 00:40:28,560
Speaker 9: The question I have for the guys over at O

813
00:40:28,680 --> 00:40:30,719
Speaker 9: and B, well, hang on, if it's one hundred and

814
00:40:30,719 --> 00:40:33,279
Speaker 9: fifty bion dollars a fraud and he gave some examples

815
00:40:33,800 --> 00:40:34,719
Speaker 9: that fraud has to be.

816
00:40:34,800 --> 00:40:38,040
Speaker 5: Now, where's the cuts this year? Guys?

817
00:40:38,880 --> 00:40:41,040
Speaker 9: This is why they had twenty five or thirty brave

818
00:40:41,120 --> 00:40:44,480
Speaker 9: patriots prepared to stop this. And just because you got

819
00:40:44,480 --> 00:40:48,799
Speaker 9: to get the movement, the process going, they said, okay.

820
00:40:49,280 --> 00:40:52,000
Speaker 5: Well for right now, you know, holding.

821
00:40:51,760 --> 00:40:54,000
Speaker 9: Reserve and kick the process off a lot more. We're

822
00:40:54,000 --> 00:40:55,839
Speaker 9: going to break all this down. Mike Davis is also

823
00:40:55,840 --> 00:40:56,480
Speaker 9: going to join us.

824
00:40:56,600 --> 00:41:02,160
Speaker 5: Stick around, use your host Stephen k Back.

825
00:41:05,000 --> 00:41:07,680
Speaker 9: He's trying to change the world order to make sure

826
00:41:07,719 --> 00:41:10,359
Speaker 9: that the American citizen comes first on everything, to deal

827
00:41:10,400 --> 00:41:12,920
Speaker 9: with the United States or American that America comes first.

828
00:41:13,800 --> 00:41:17,280
Speaker 9: There's massive resistance to this. Of course, there's massive resistance.

829
00:41:17,320 --> 00:41:20,839
Speaker 9: We've allowed a globalist system to develop over the last

830
00:41:20,840 --> 00:41:24,160
Speaker 9: forty or fifty years in which they've accreated all the

831
00:41:24,200 --> 00:41:27,120
Speaker 9: value to themselves. We get walking through the math, but

832
00:41:27,160 --> 00:41:28,960
Speaker 9: you don't need to just look around. You can tell

833
00:41:28,960 --> 00:41:32,680
Speaker 9: that that the middle class in this country, even people

834
00:41:32,680 --> 00:41:35,120
Speaker 9: with good paying jobs, you get laid off in a

835
00:41:35,160 --> 00:41:36,960
Speaker 9: tight job market ninety days.

836
00:41:37,280 --> 00:41:39,880
Speaker 5: You're not doing good. You're not sleeping at night, you're worrying.

837
00:41:41,520 --> 00:41:44,319
Speaker 9: That's the President Trump's trying to try to break that

838
00:41:44,440 --> 00:41:48,680
Speaker 9: system and bring back the high value added manufacturing jobs

839
00:41:48,719 --> 00:41:50,360
Speaker 9: here and to recreate what we have to war. And

840
00:41:50,400 --> 00:41:52,680
Speaker 9: people say that's just Nostalgia's not going to happen. Says,

841
00:41:52,680 --> 00:41:55,879
Speaker 9: who is it? Some second law thermodynamics is there's some

842
00:41:56,320 --> 00:41:59,400
Speaker 9: natural property in the universe that caused us.

843
00:41:59,480 --> 00:42:02,399
Speaker 5: No, it didn't, No, it did not, Just like.

844
00:42:02,360 --> 00:42:06,400
Speaker 9: The southern the situation of the southern border. As ben'sman

845
00:42:06,440 --> 00:42:09,680
Speaker 9: worked in last night. This thing was all architected by

846
00:42:09,719 --> 00:42:12,759
Speaker 9: human beings. I can see how the system evolved and

847
00:42:12,800 --> 00:42:17,279
Speaker 9: what they did to maximize you guys defending them, You

848
00:42:17,360 --> 00:42:20,279
Speaker 9: guys underwriting with your taxes and your retirements to pay

849
00:42:20,320 --> 00:42:23,600
Speaker 9: for it all, and that you and your children provide

850
00:42:23,600 --> 00:42:27,080
Speaker 9: the defense for it. Guess what that's stopping. That's ending

851
00:42:27,400 --> 00:42:29,800
Speaker 9: and they hate it. They love the free ride. Of course,

852
00:42:29,800 --> 00:42:34,640
Speaker 9: they love the free ride. Brat's gonna stick with me

853
00:42:34,880 --> 00:42:36,279
Speaker 9: for the next hour, and we're going to bring to

854
00:42:36,320 --> 00:42:38,880
Speaker 9: Mike Davis, the Viceroy, because the Politico has got this

855
00:42:38,960 --> 00:42:41,960
Speaker 9: story about the institutions, and I think it's fantastic. Mike

856
00:42:42,040 --> 00:42:45,160
Speaker 9: Davis has got an amazing analysis. He's in the story.

857
00:42:45,920 --> 00:42:48,880
Speaker 9: But it's about Boris and Miller and people, the people

858
00:42:48,960 --> 00:42:51,439
Speaker 9: over these years from twenty one who thought through, Hey,

859
00:42:51,840 --> 00:42:54,080
Speaker 9: how you have to go after the institution. So we've

860
00:42:54,120 --> 00:42:57,319
Speaker 9: talked here about this all the time, and I think

861
00:42:57,360 --> 00:42:59,760
Speaker 9: it ought to actually go to phase two to expand

862
00:43:00,400 --> 00:43:03,319
Speaker 9: to the state public ivys into the banks, into the

863
00:43:03,360 --> 00:43:09,279
Speaker 9: hedge funds, into the investment banks. Like they said in Godfather,

864
00:43:09,320 --> 00:43:12,480
Speaker 9: Hey let's get them while we're strong. Let's hit them

865
00:43:12,480 --> 00:43:16,280
Speaker 9: while we're strong. I think it was Frankie Pantangelo. Remember

866
00:43:16,320 --> 00:43:19,680
Speaker 9: all lessons in business coming from the Godfather. Jillian Barbary.

867
00:43:19,760 --> 00:43:20,480
Speaker 9: Done with debt?

868
00:43:20,560 --> 00:43:22,640
Speaker 5: This is one of the issues here there.

869
00:43:22,719 --> 00:43:26,280
Speaker 9: I don't know, five percent of credit cards are passed

870
00:43:26,320 --> 00:43:29,480
Speaker 9: due people are having to pay, you know, the nine

871
00:43:29,520 --> 00:43:32,280
Speaker 9: million people to have two jobs, people using credit cards

872
00:43:32,280 --> 00:43:33,520
Speaker 9: to gap to pay for.

873
00:43:33,480 --> 00:43:35,600
Speaker 5: The monthly expenses. And that's where they get ahead of it.

874
00:43:35,960 --> 00:43:38,960
Speaker 9: And the credit card companies are you know, they're a

875
00:43:38,960 --> 00:43:41,640
Speaker 9: group without pity. They look at this. This is why you

876
00:43:41,719 --> 00:43:43,759
Speaker 9: need a group like done with debt. Walk me through

877
00:43:43,760 --> 00:43:45,640
Speaker 9: exactly what the guys.

878
00:43:45,440 --> 00:43:48,080
Speaker 5: Had done with that. If you've got a problem, what

879
00:43:48,120 --> 00:43:48,920
Speaker 5: do you do?

880
00:43:49,080 --> 00:43:50,840
Speaker 9: I think what people want to know in the audience

881
00:43:50,920 --> 00:43:52,480
Speaker 9: is what do I have to do to find out

882
00:43:52,560 --> 00:43:54,640
Speaker 9: how these guys operate? What they're going to do for me?

883
00:43:54,680 --> 00:43:57,279
Speaker 9: Before I make any commitments? What are they going to do?

884
00:43:57,320 --> 00:43:59,560
Speaker 9: So once you walk us through it, you know.

885
00:43:59,520 --> 00:44:03,359
Speaker 3: It's almost like having your own team of Michael Corleoni's

886
00:44:03,400 --> 00:44:07,080
Speaker 3: If you Will, greatest movie ever. They're going to go

887
00:44:07,160 --> 00:44:09,960
Speaker 3: in there for you and they are going to just

888
00:44:10,080 --> 00:44:14,160
Speaker 3: stand defense. They're going to cut those nasty calls, those

889
00:44:14,239 --> 00:44:17,480
Speaker 3: letters that come. Done with Debt is a company that

890
00:44:17,600 --> 00:44:21,400
Speaker 3: right now, especially you mentioned the middle class really feeling it.

891
00:44:21,680 --> 00:44:24,520
Speaker 3: People that have had jobs, carrying two jobs just to

892
00:44:24,640 --> 00:44:27,800
Speaker 3: cover the mortgage. Kids are going off to college. They

893
00:44:28,000 --> 00:44:33,200
Speaker 3: are in trouble. Sometimes it's disease. Sometimes it's just life

894
00:44:33,280 --> 00:44:36,680
Speaker 3: hits you. And when it does and it can and

895
00:44:36,719 --> 00:44:40,680
Speaker 3: it hits you in the pocketbook, you are stuck and

896
00:44:40,719 --> 00:44:43,080
Speaker 3: all the bills out up quickly. So what Done with

897
00:44:43,200 --> 00:44:47,240
Speaker 3: Debt will do. They will put you on a course

898
00:44:47,560 --> 00:44:51,600
Speaker 3: of action that's going to guarantee that your future is

899
00:44:51,600 --> 00:44:53,319
Speaker 3: going to be bright again. They're going to get you

900
00:44:53,360 --> 00:44:56,440
Speaker 3: on track. How do they do that? Exactly what you're saying.

901
00:44:56,920 --> 00:44:58,960
Speaker 3: They know all of the deals with the credit company,

902
00:44:58,960 --> 00:45:02,560
Speaker 3: credit card companies, banking institutions, they work with them. Some

903
00:45:02,600 --> 00:45:05,839
Speaker 3: people will wipe out your debt entirely for certain you know,

904
00:45:05,880 --> 00:45:08,520
Speaker 3: on certain cards, or take pennies on the dollar.

905
00:45:08,920 --> 00:45:09,040
Speaker 9: Uh.

906
00:45:09,400 --> 00:45:11,399
Speaker 3: There are so many things that they can do for

907
00:45:11,480 --> 00:45:16,160
Speaker 3: you to stop that immediately overnight, all the nasty calls

908
00:45:16,160 --> 00:45:18,480
Speaker 3: and letters and then put you on track. You have

909
00:45:18,520 --> 00:45:20,279
Speaker 3: to call them though, or go to Done with Debt

910
00:45:20,320 --> 00:45:24,640
Speaker 3: dot com. It's the first step. Because you always mentioned Steeve.

911
00:45:24,800 --> 00:45:27,040
Speaker 3: Time is not on your side, it's on the credit

912
00:45:27,080 --> 00:45:30,319
Speaker 3: card company side. Because every time thing comes up in

913
00:45:30,360 --> 00:45:33,600
Speaker 3: the roster, a little more, a little more money goes

914
00:45:33,640 --> 00:45:36,520
Speaker 3: on it for them, for you. Right, So if you

915
00:45:36,560 --> 00:45:38,160
Speaker 3: are in this position.

916
00:45:37,800 --> 00:45:41,200
Speaker 9: Right, here's the thing that the interest, the interest continues

917
00:45:41,239 --> 00:45:43,600
Speaker 9: to accumulate, so that means the face amounts of accumulate.

918
00:45:43,680 --> 00:45:45,920
Speaker 9: These guys may be able to I'm not promising you

919
00:45:46,080 --> 00:45:48,680
Speaker 9: got to talk to them, you know, maybe not just

920
00:45:48,719 --> 00:45:51,719
Speaker 9: cap the interest payments, maybe even cut the face amount.

921
00:45:51,400 --> 00:45:53,560
Speaker 5: And work at all kinds of restructurings. Here's the thing.

922
00:45:53,600 --> 00:45:54,880
Speaker 9: A lot of people think, well, if I again that

923
00:45:54,920 --> 00:45:57,040
Speaker 9: much trouble, I can just go BK and then screw

924
00:45:57,080 --> 00:45:57,759
Speaker 9: the credit card.

925
00:45:58,320 --> 00:46:01,279
Speaker 5: It ain't that easy, And that sticks with you for

926
00:46:01,280 --> 00:46:01,879
Speaker 5: a while, right.

927
00:46:01,880 --> 00:46:03,239
Speaker 9: It sticks with you if you try to if you

928
00:46:03,280 --> 00:46:04,879
Speaker 9: try to get a car loan, you try to sign

929
00:46:04,880 --> 00:46:07,440
Speaker 9: an apartment, it's not just buying a house. It sticks

930
00:46:07,480 --> 00:46:10,600
Speaker 9: with you. There are other alternatives. My point to this

931
00:46:10,680 --> 00:46:11,480
Speaker 9: and the reason I love.

932
00:46:11,360 --> 00:46:12,239
Speaker 5: Done with debt.

933
00:46:12,520 --> 00:46:15,680
Speaker 9: Go to them and see what the alternatives are before

934
00:46:15,719 --> 00:46:16,720
Speaker 9: you make any decisions.

935
00:46:16,760 --> 00:46:17,560
Speaker 5: They'll walk you through it.

936
00:46:17,560 --> 00:46:20,239
Speaker 9: But what you can't do under any situation is just

937
00:46:20,360 --> 00:46:22,279
Speaker 9: let the letter or the credit card you put it

938
00:46:22,360 --> 00:46:26,480
Speaker 9: in the drawer. That cancer is metastasizing. It's not going away.

939
00:46:26,680 --> 00:46:29,719
Speaker 9: You have to address it, just like the irs. The anxiety.

940
00:46:29,760 --> 00:46:31,440
Speaker 9: I realized people and say well I don't want to

941
00:46:31,440 --> 00:46:33,640
Speaker 9: do it. I can you know I'll do I'll pull

942
00:46:33,640 --> 00:46:36,320
Speaker 9: a Scarlett O'Hara and I'll deal with it tomorrow.

943
00:46:36,320 --> 00:46:37,799
Speaker 5: You can't deal with it tomorrow. You got to deal

944
00:46:37,840 --> 00:46:38,920
Speaker 5: with it today, Jillian.

945
00:46:39,800 --> 00:46:40,319
Speaker 6: That's right.

946
00:46:40,400 --> 00:46:43,040
Speaker 3: And the quicker you do, the faster you're going to

947
00:46:43,080 --> 00:46:45,799
Speaker 3: get back on track. And remember the first call, they'll

948
00:46:45,840 --> 00:46:48,080
Speaker 3: give you a consultation for free. And I have the

949
00:46:48,160 --> 00:46:50,879
Speaker 3: number for you today, Steve. It's eighty eight three two

950
00:46:50,960 --> 00:46:54,560
Speaker 3: four ten fifty four three two four ten fifty four

951
00:46:55,480 --> 00:46:58,759
Speaker 3: because they will talk to you. The first call is

952
00:46:59,400 --> 00:47:02,200
Speaker 3: so incredible because if you do decide to join up

953
00:47:02,200 --> 00:47:04,440
Speaker 3: with done with that, you're going to feel it overnight.

954
00:47:05,320 --> 00:47:09,560
Speaker 3: It happens automatically that everything stops and your head careers

955
00:47:09,600 --> 00:47:10,560
Speaker 3: and you have a team.

956
00:47:12,840 --> 00:47:14,080
Speaker 5: You get that zen moment.

957
00:47:14,280 --> 00:47:18,200
Speaker 9: Uh, Jillian, one more time, website and number. I need

958
00:47:18,200 --> 00:47:20,240
Speaker 9: people to make contact today. If you've got a problem

959
00:47:20,280 --> 00:47:20,960
Speaker 9: with your credit cards?

960
00:47:21,000 --> 00:47:21,560
Speaker 5: Where do they go?

961
00:47:22,200 --> 00:47:24,720
Speaker 3: Yes, And there's so many out there right now, Middle America.

962
00:47:24,760 --> 00:47:25,319
Speaker 3: You being hit.

963
00:47:25,360 --> 00:47:25,920
Speaker 5: I always hit.

964
00:47:26,040 --> 00:47:28,720
Speaker 3: I get it. It is done with debt dot com

965
00:47:28,760 --> 00:47:31,359
Speaker 3: on your computer or your phone or call eight eight

966
00:47:31,440 --> 00:47:35,200
Speaker 3: eight three two two one zero five four three two

967
00:47:35,239 --> 00:47:37,840
Speaker 3: two ten fifty four. There's someone on the other end

968
00:47:37,880 --> 00:47:40,040
Speaker 3: of the phone. They are there, they're waiting for you.

969
00:47:40,120 --> 00:47:42,920
Speaker 3: They're there to consult you. It's a free consultation. What

970
00:47:43,000 --> 00:47:45,080
Speaker 3: have you got to lose? Just check them out. What

971
00:47:45,160 --> 00:47:47,400
Speaker 3: have you got to lose other than your debt? So

972
00:47:47,840 --> 00:47:50,560
Speaker 3: it's incredible. Thank you so much for having me again, Steve.

973
00:47:50,600 --> 00:47:54,400
Speaker 3: I know how busy this time is, so I appreciate you.

974
00:47:54,400 --> 00:47:58,200
Speaker 9: No, Jillian, thank you, Thank you so much. This nothing

975
00:47:58,200 --> 00:48:00,880
Speaker 9: could be more timely than this, the situation.

976
00:48:01,440 --> 00:48:01,960
Speaker 5: Thank you, man.

977
00:48:02,000 --> 00:48:07,560
Speaker 9: Appreciate you. Take the anxiety. We need you at the ramparts,

978
00:48:07,600 --> 00:48:10,400
Speaker 9: and we don't need you anxious. Right, We need you

979
00:48:10,440 --> 00:48:12,279
Speaker 9: at the ramparts and we don't need you anxious. We

980
00:48:12,320 --> 00:48:16,400
Speaker 9: need your focus. And you've had massive impact. Brat's sticking around.

981
00:48:16,640 --> 00:48:18,359
Speaker 9: We've got a lot more economics to go through.

982
00:48:18,440 --> 00:48:19,160
Speaker 5: In politics.

983
00:48:20,920 --> 00:48:23,400
Speaker 9: Good piece in Plogo day, actually, great piece of political

984
00:48:23,480 --> 00:48:28,319
Speaker 9: by President Trump's assault on the institutions, the institutions that

985
00:48:28,400 --> 00:48:32,320
Speaker 9: are betrayed, betrayed, working class, in the middle class of

986
00:48:32,360 --> 00:48:36,440
Speaker 9: this country, folks. President Trump's taking them on head on,

987
00:48:37,040 --> 00:48:39,359
Speaker 9: and the Viceroy is going to join us.

988
00:48:39,960 --> 00:48:41,280
Speaker 5: Update on the Supreme Court

989
00:48:41,719 --> 00:48:45,360
Speaker 9: And update on the assault on the institutions, all next

990
00:48:45,520 --> 00:48:58,920
Speaker 9: hour only in the War Room.