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Speaker 1: Traation proceeding.

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Speaker 2: You don't bring both parties into the meeting for that

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Speaker 2: first table set because they're at odds right. That wouldn't

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Speaker 2: be productive, So you begin by meeting individually with the

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Speaker 2: two parties. That's what President Trump is doing right now.

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Speaker 2: It's very logical if you stop and think about it.

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Speaker 2: He's met with the Russian side, with Putin side through

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Speaker 2: his representatives there, and he's spoken to Zelensky. He's speaking

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Speaker 2: to both parties to set the table, so to speak,

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Speaker 2: for what that negotiation is going to be. This is

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Speaker 2: very productive. He is the only person on the planet

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Speaker 2: who has the ability to make that happen. You have

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Speaker 2: to give the president room to work. His language and

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Speaker 2: his actions and his decisions shouldn't be second guest.

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Speaker 1: Step by step.

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Speaker 2: You have to allow this process to play out. I

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Speaker 2: think he's been very clear. I think he's been very

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Speaker 2: clear about what the objective here is and when he

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Speaker 2: speaks to those issues, what he's talking about is we

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Speaker 2: want to get Ukraine back to a posture apiece. There's

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Speaker 2: an idea on the table for them to actually be

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Speaker 2: in partnership with the US regard to production of the

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Speaker 2: precious minerals.

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Speaker 1: That are that are needed.

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Speaker 2: And also we want to get back to free and

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Speaker 2: fair elections there, just as we fight for here and

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Speaker 2: we fight for around the world. I think those things

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Speaker 2: are all consistent, and I think President Trump is moving

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Speaker 2: the ball forward in a way that all of us

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Speaker 2: should have brought you back third roough, Yes, sir, oh

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Speaker 2: how you sponsor?

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Speaker 3: Critics like to argue that this pleasure resolutions will be

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Speaker 3: accept worse better and are you committed to to go.

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Speaker 2: Today or that? Yeah, so the budget resolution itself doesn't

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Speaker 2: do any of that. The objective in our commitment has

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Speaker 2: always been deafs and neutrality. That's the goal here. If

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Speaker 2: we can reduce the deaficit even better. But here's another

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Speaker 2: thing everybody needs to consider. Not only are we working

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Speaker 2: to find savings for the American taxpayer to find a

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Speaker 2: better and more efficient, more effective use of their dollars,

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Speaker 2: which we are morally obligated to do, we also have

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Speaker 2: a moral obligation to bend the curb on the debt.

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Speaker 2: All of your children, all of our children and grandchildren

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Speaker 2: are going to be saddled with the that we are

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Speaker 2: spending right now, it's thirty six trillion dollars federal debt.

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Speaker 2: The deficits have balloon. We have to change that trajectory. Now,

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Speaker 2: you don't turn an aircraft carrier on a dime. It

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Speaker 2: takes miles of open ocean to turn an aircraft carrier

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Speaker 2: because it's such a large vessel. I think the metaphor

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Speaker 2: is obvious here. We can't do it all at once,

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Speaker 2: but we're going to take a big bite out of that.

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Speaker 2: We are going to take make a big course correction

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Speaker 2: in this process. And that's why the Republicans in the

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Speaker 2: House and a Senator so excited about this mission and

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Speaker 2: what we can accomplish with it. So stay tuned on

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Speaker 2: the details. We are going to do this methodically. We're

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Speaker 2: going to do it in a very responsible manner, and

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Speaker 2: we're going to achieve these goals and we'll be working

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Speaker 2: with all the members throughout the day to get to that.

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Speaker 1: There may be a vote tonight, there may not be.

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Speaker 1: Stay tuned. That's why you get paid. Hang around here.

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Speaker 2: You'll have let's to report on, and what we're working

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Speaker 2: on is to get to we're working on that on approach.

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Speaker 2: I'll leave you with that. Our House Republican appropriators have

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Speaker 2: been working very hard and in good faith to negotiate

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Speaker 2: with our Democrat counterparts, the necessary step, as you know,

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Speaker 2: for approaches to get to a top line agreement. Chairman

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Speaker 2: Tom Cole addressed the House Republicans this morning on the

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Speaker 2: latest developments about how those we may be getting close

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Speaker 2: to a number on that. The problem is the Democrats

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Speaker 2: have added something new and different that's never been.

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Speaker 1: Part of this before.

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Speaker 2: They are trying to add to the appropriations bill a

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Speaker 2: demand that they want us to somehow limit the ability

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Speaker 2: of the executive branch to do its job. They want

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Speaker 2: to limit tie the hands of the president on what

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Speaker 2: he is able to do with the expenditures in the

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Speaker 2: executive branch.

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Speaker 1: That's never been done before.

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Speaker 2: House Republicans, as egregious as the actions were of the

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Speaker 2: previous President, Joe Biden, as unconstitutional and outrageous as they were,

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Speaker 2: we never proposed using the appropriations process to tie the

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Speaker 2: president's hands. It'd be I think, a gross separation of

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Speaker 2: powers violation and a terrible precedent for Congress to engage in.

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Speaker 2: So that's a non starter for us, and the Democrats

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Speaker 2: know that, and so it looks like they're in a

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Speaker 2: posture right now. They're making individual Appropriations bill is almost impossible.

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Speaker 1: We'll find out soon. Stay tuned.

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Speaker 2: There's more discussion today to be had, but we are nearing,

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Speaker 2: obviously the March fourteenth deadline, and I'm really hopeful that

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Speaker 2: they'll back off of those outrageous demands because it's unprecedented

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Speaker 2: and I think probably unconstitutional, and it's not anything. Will

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Speaker 2: be a part of thank you, thank you.

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Speaker 1: Given where you are, now let me have it. I mean,

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Speaker 1: right there, you see it.

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Speaker 3: Get ready for a government shutdown, a President Trump's government

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Speaker 3: being shut down.

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Speaker 1: Just get ready for it.

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Speaker 3: What they're saying there is that I'm sure on the

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Speaker 3: appropriation side, what the Democrats are trying to do is

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Speaker 3: this whole thing on the unitary theory of the executive another.

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Speaker 1: Ideas have consequences. There's this stronger than a belief. I mean,

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Speaker 1: it's it's one of.

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Speaker 3: The things that the project twenty twenty five cr RUSS

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Speaker 3: vote or I'll be many your lawyers about the appropriations process,

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Speaker 3: that the appropriations is a ceiling and that either through

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Speaker 3: impoundment or recisions, the executive branch has ability to hold

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Speaker 3: back the funds or reprogram And I'm sure that in

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Speaker 3: code that's what he's talking about they want to have

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Speaker 3: the Democrats want to have wording in there that that's

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Speaker 3: not going to happen, and you have the constitutional fight now.

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Speaker 3: Bottom line though, that is a bigger and tougher fight.

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Speaker 3: He just told you right there you ain't getting any

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Speaker 3: Democrat votes on this cr So you tie in with

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Speaker 3: Dusty Johnson saying that they're fifteen or twenty what we're

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Speaker 3: hearing maybe more folks right now saying hey, you know,

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Speaker 3: there's not we don't see the cuts and we're not

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Speaker 3: going to just kick the can down the road in

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Speaker 3: the fourteenth That's the first time I've heard.

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Speaker 1: I might be wrong, but wow, this pretty close.

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Speaker 3: It's the first time I heard Johnson come across his

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Speaker 3: lips from fourteenth of March. Everything's been on this reconciliation,

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Speaker 3: which to me is a very important but it's a site,

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Speaker 3: it's a it's a sidebar.

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Speaker 1: You got to take care of this year of funding

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Speaker 1: the government.

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Speaker 3: And I also want to just say to Johnson, is brother,

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Speaker 3: when I see these reconciliations and I see these sidebars,

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Speaker 3: and you're talking two and three trillion dollars of savings

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Speaker 3: and all this this is the moral equivalent of conservative wins.

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Speaker 3: Remember McCarthy, that's the reason he doesn't.

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Speaker 1: Have the job.

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Speaker 3: And you got it. It's ten year budgeting. And the

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Speaker 3: people come back and said with Steve the law says

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Speaker 3: we had the ten year budget.

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Speaker 1: I got that.

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Speaker 3: I understand that. But we're bankrupt. Why are we bankrupt?

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Speaker 3: We're not actually a going concern because our expenditures are

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Speaker 3: two trillion dollars every twelve months greater than our revenue.

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Speaker 3: And President Trump doing he's he's trying to set up

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Speaker 3: the External Revenue Service. The tariffs they kick in with Mexico,

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Speaker 3: in with Canada. On four March, he reiterated that yesterday

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Speaker 3: that's all going to take a while to kick in.

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Speaker 3: And you've got something in front of us, and somebody better,

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Speaker 3: somebody better go up to the White House today until

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Speaker 3: the President of these United States, Hey, just put this

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Speaker 3: on your calendar, sir at midnight on the fourteenth. We

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Speaker 3: don't have enough Republican votes because we don't have a plan,

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Speaker 3: and we don't have individual appropriations bills, and we kind

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Speaker 3: of wasted these ninety days that we gave ourselves and

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Speaker 3: promised you back in December that we would have a

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Speaker 3: budget and have it done. Remember he had this fight

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Speaker 3: before Christmas. And here's what it comes down to. When

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Speaker 3: I talk about this ten years budget and two train,

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Speaker 3: that's all in the out years. The only thing that matters.

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Speaker 1: Is now.

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Speaker 3: Tell me what we're going to do between now and

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Speaker 3: September thirtieth, and then tell me what we're going to

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Speaker 3: do from October first of this year to September thirtieth

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Speaker 3: of next That's all I want to talk about. I'm

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Speaker 3: not interested in anything else right now. I'm not interested

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Speaker 3: in all your theoretical exercises of what you're going to

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Speaker 3: do to medicaid in the out years. I want to

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Speaker 3: know what you're doing now, and I want to know

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Speaker 3: how this six and a half or seven trillion dollars

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Speaker 3: becomes less because every month we're running up record deficit numbers.

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Speaker 3: I think we're almost to a trillion dollars right now.

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Speaker 3: We're nine hundred billion and the first quarter was a record.

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Speaker 3: Oh and by the way, we had a record trade

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Speaker 3: deficit also, and they blamed that on that. They lied

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Speaker 3: and said, oh, that's everybody front running before the tariffs.

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Speaker 1: It's not. It's not.

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Speaker 3: We have a record trade deficit. We have a record

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Speaker 3: financial deficit. There's no plan at all about what to

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Speaker 3: do here, and we're just hurtling down and you're gonna

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Speaker 3: get this happy talking round around. They're going this meeting

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Speaker 3: and that meaning and this meeting, and hey, it ain't

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Speaker 3: Steve Bannon anymore.

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Speaker 1: You got MTG.

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Speaker 3: I got three data points of folks in the House.

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Speaker 3: I got MTG and the fire breather, right, I've got

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Speaker 3: Warren Davidson kind of in the traditional classic, you know, republican,

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Speaker 3: limited government, conservative on financial matters. And I've got what

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Speaker 3: Dusty Johnson, who's the head of the mainstream Caucus, who's

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Speaker 3: probably as moderate as you can get. And all three

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Speaker 3: of them today are putting up things on Twitter saying, hey, uh,

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Speaker 3: you know. MTG saying Beverred the eydes of March. I

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Speaker 3: don't see this thing happen. I don't know what's going on,

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Speaker 3: fourteen marches everything, Warren Davidson saying, hey, I'm going in

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Speaker 3: out of meetings. I want somebody to talk about I'm

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Speaker 3: not interested in talk about a reconciliation now. I'm not

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Speaker 3: talking about having a vote voting on a budget resolution.

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Speaker 3: I want to know what the hell you're going to

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Speaker 3: do to finance the government President Trump's government between now

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Speaker 3: March fourteenth and the end of the year, full stop.

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Speaker 3: And Dussey Johnson puts out the the implication that we're

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Speaker 3: going to need Democrat votes to secure this. And then

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Speaker 3: you got Johnson sitting right there who says, well, they

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Speaker 3: have a major deal. They want to strap the thing. Hey,

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Speaker 3: here's what they want to do. They want to humiliate Trump.

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Speaker 3: That's what they want to do. The discussion about empowerment

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Speaker 3: and recision and all those that they may put in

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Speaker 3: the in this bill. If you agreed to all that,

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Speaker 3: they're still going to vote no, I think, because now

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Speaker 3: they're going to say, you guys are big talkers. You

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Speaker 3: got Elon mush running around and get this guy running around.

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Speaker 3: It's no unless you do one thing, and that's a

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Speaker 3: and that's a full year CR.

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Speaker 1: You know what you don't have. You don't have the votes.

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Speaker 3: Candice Taylor, you want to run for Congress, what would

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Speaker 3: your vote be on the fourteenth of March? Would you

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Speaker 3: be up for the rest of the year's CR that

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Speaker 3: had Biden's numbers a two traeon dollar deficit in that

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Speaker 3: one penny out from cut out from Doze ma'am no.

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Speaker 4: And this is what this is what we're dealing with.

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Speaker 4: The people are sick of the gas prices, they're sick

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Speaker 4: of the egg prices, they're sick of the inflation. They

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Speaker 4: know they're making the same amount of money, but their

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Speaker 4: house sales are through the roof. You can't buy a home,

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Speaker 4: you can't build a home. They're through the roof. It's

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Speaker 4: one hundred and twenty five dollars a square foot in

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Speaker 4: South Georgia to build a home. That's astronomical. And so

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Speaker 4: we feel the inflation, we feel the spending, and so

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Speaker 4: we need common sense people in there to advocate because

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Speaker 4: these people have been there for so long, are so

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Speaker 4: far removed, and they're throwing away around all these fancy words,

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Speaker 4: do this and do that, and play in games. But

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Speaker 4: in reality, if we do not cut right now, like

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Speaker 4: you're saying, Steve, right now is what matters. That's what

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Speaker 4: impacts for the next ten years. And the people are

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Speaker 4: fully cognizant of that. We understand that language.

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Speaker 3: Candace, you're not running today. You announced you're not going

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Speaker 3: to run for governor. I know there's a bunch of

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Speaker 3: folks that are probably very happy about that, but you're

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Speaker 3: going to run in a primary in the first in Georgia.

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Speaker 1: One one more time before you bounce.

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Speaker 3: Where do people go and find out about your crusade

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Speaker 3: to do this, ma'am?

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Speaker 4: So Kendice Taylor on all social media apps. I want

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Speaker 4: to say really quick, I want to give a shout

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Speaker 4: out to Lieutenant Burt Jones. I called him this morning.

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Speaker 4: He was very kind and gracious. I do have a

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Speaker 4: ton of people in Georgia who wanted me to run

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Speaker 4: for governor as a grassroots candidate, but the Lord said different,

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Speaker 4: and Lieutenant Burt Jones was glad. He hasn't announced his

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Speaker 4: run yet, but I think that's on the way. And

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Speaker 4: Bert's a great guy and I think he'll do a

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Speaker 4: good job for the people. I also reached out to

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Speaker 4: Congressman Carter, who is holding the Sea currently as Cartesy,

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Speaker 4: to him and let him know that I would be running.

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Speaker 4: I plan to honor honor him. I think we need

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Speaker 4: to honor more people in our society, and so I

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Speaker 4: did that this morning, and I am announcing I'm running

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Speaker 4: for first district.

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Speaker 1: So I would love your support.

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Speaker 3: Thank you, ma'am, appreciate you coming on here to kick

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Speaker 3: it all off. And this tailor a grassroots fire breather,

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Speaker 3: tough fight, tough primary, tough general, tough job.

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Speaker 1: Didn't say the job is easy.

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Speaker 3: I'm going to have a firestorm between now and the

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Speaker 3: fourteenth of March, trust me, because now it's down.

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Speaker 1: To announcedown to decision making.

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Speaker 3: Would have used a barnyard phrase, but it's a family show.

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Speaker 3: In the morning, in the afternoon into or what would happen.

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Speaker 3: My mother would wash my mouth out, was so, which

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Speaker 3: you frequently did, God bless her. We're gonna need you

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Speaker 3: at the ramparts, not today. You're just collecting information. You're

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Speaker 3: thinking this one through the common sense revolution. You are

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Speaker 3: the salvation of this republic. You had President Trump's back

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Speaker 3: from the beginning and particularly from the darkest days in

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Speaker 3: twenty one, and now we're in the middle of it.

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Speaker 3: The entire world is watching the moves you make. We're

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Speaker 3: going to try to get you as much information as

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Speaker 3: possible so that your agency fully comes through on your moves.

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Speaker 1: Next in the warm Stephen kas. On top of all this, the.

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Speaker 3: Conference Board, which is the you know, come of CEO

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Speaker 3: run thing up on zero hedge right now, a conference

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Speaker 3: board consumer confidence collapses as inflation fears sore.

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Speaker 1: The and this is why this work has to be done.

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Speaker 3: It has to be done because the bond market, and

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Speaker 3: the and the equity market is going to get a

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Speaker 3: vote here in this inflation. The inflation is coming from

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Speaker 3: one central thing. The inflation is coming from the massive

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Speaker 3: federal spending. We're printing too much money. The massive front

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Speaker 3: was still having a Kynesian named after John Maynard Knes.

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Speaker 3: We're still having a massive Keynesian stimulus because we're spending

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Speaker 3: so much money, particularly money over and above what we're

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Speaker 3: taking in.

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Speaker 1: The physics of this are not hard.

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Speaker 3: If we can put the if we can put the

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Speaker 3: let's put the Axios part piece onthing. What I really

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Speaker 3: like about the Axios piece, and this we need to

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Speaker 3: get okay, we need to get you as up.

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Speaker 1: To speed as possible. What's going on.

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Speaker 3: What I really love about this axious piece of Mike

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Speaker 3: Allen and Jim vander Hay. It kind of breaks it

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Speaker 3: all down and separates not just a signal from the noise.

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Speaker 3: It's like in any political warfare, there's tons of smoke

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Speaker 3: and you know, wilderness and mirrors and misinformation. You have

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Speaker 3: to keep completely objective about this and this is why

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Speaker 3: I want to make sure we bifurcate with this audience

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Speaker 3: what DOZE is doing and then what is about spending

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Speaker 3: dose right now is going through and doing these audits

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Speaker 3: or doing these kind of they're like special forces going

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Speaker 3: in there and getting this information. They are coming up

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Speaker 3: with what they say is miss all inefficiency, waste, fraud,

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Speaker 3: and abuse. Some of the numbers they are talking about

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Speaker 3: are huge, are massive. What they've shown today is I

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Speaker 3: think fifty five billion dollars, which they validated with the

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Speaker 3: first month. Now there are analysis out by the Wall

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Speaker 3: Street Journal, the New York Times, and Politico. Let's say

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Speaker 3: that's not fifty five billion dollars. That's more in the

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Speaker 3: line of fifteen to twenty billion dollars. But let's go

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Speaker 3: with their number to fifty five for now. They're also

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Speaker 3: out there and I believe, and this was I think

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Speaker 3: reaffirmed in zero Hedge, they have basically terminated ninety thousand,

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Speaker 3: let's say, one hundred thousand government employees. Now, remember that

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Speaker 3: employee base started at about three million, some people say

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Speaker 3: two point four million. Let's even take the lower number

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Speaker 3: of that. So that's not a small number, and they're

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Speaker 3: doing it more to. In fact, they double down again

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Speaker 3: last night and saying, if you haven't answer this email,

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Speaker 3: you're going to be terminated.

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Speaker 1: The emails of five things you did last week.

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Speaker 3: Of course, a couple of departments like Cash Mattel at

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Speaker 3: the FBI, TULCI, Gabbert at d and I.

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Speaker 1: Ratcliffe over with the CIA.

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Speaker 3: I think Pete Hesith at the Pentagon and Marco Ruby

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Speaker 3: at State said we're not going to be doing that.

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Speaker 3: I think Bobby Kennedy agreed, but the rest of them said,

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Speaker 3: we're not going to a lot of them, so we're

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Speaker 3: not going to do that.

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Speaker 1: We're going to do that ourselves.

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Speaker 3: DOGE is hurtling through and there are clearly inefficiencies and misallocations.

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Speaker 3: Some of them may be just computer coding. That's fine,

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Speaker 3: but then that ought to get to speak too. This

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Speaker 3: ought to be tightly run. I want to go back

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Speaker 3: to the two point six three and this is what

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Speaker 3: MTG brought up in her first subcommittee meeting.

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Speaker 1: She's going to have a meeting again tomorrow.

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Speaker 3: We're going to cover that live because I think she's

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Speaker 3: going to try to MTG is she's going to try

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Speaker 3: to merge both together and make the point that why

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Speaker 3: are we not including this in the cr that we're

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Speaker 3: going to do on the fourteenth, which we've advocated from

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Speaker 3: the beginning back in December when I said that the

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Speaker 3: DOGE effort through O and B has to be merged

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Speaker 3: into the appropriation process immediately. But DOGE is still looking

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Speaker 3: for waste for abuse inefficiencies where they hit a target

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Speaker 3: that's been identified by the ELI Cranes and the mac

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Speaker 3: Gates is like usaid, they've done a great job. That's

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Speaker 3: a full takedown right now. That should be at least

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Speaker 3: forty or fifty billion dollars I think annually, and not

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Speaker 3: just that it keeps them out of all the NAFAREST activities. Now,

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Speaker 3: the two point six trillion has come up through other

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Speaker 3: government reports that there's been two point six tree in

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Speaker 3: I TAK spend of care in social security payments to

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Speaker 3: either people who didn't deserve it or people who didn't

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Speaker 3: exist or whatever. Now that's taking place over a long time,

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Speaker 3: but it's still a significant amount of money.

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Speaker 1: It's not that you're going to save. It's already been spent.

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Speaker 3: However, you've got to find out in this today if

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Speaker 3: that still exists.

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Speaker 1: You got to plug the leakage but that still doesn't

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Speaker 1: get down to the basics.

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Speaker 3: And this is why we ran it and ran it

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Speaker 3: and ran it for so long that that elon has to.

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Speaker 1: Cross the Potomac and go to the Pentagon.

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Speaker 3: But the axios and I would advise everybody to keep

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Speaker 3: print the axios out or put it on your phone

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Speaker 3: where you can get to it.

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Speaker 1: It's a very good.

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Speaker 3: Summary, sinc summary of the physics of what we're dealing with,

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Speaker 3: and particularly shows the the big chunks of how it's

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Speaker 3: broken out. On the spending itself, it works its way

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Speaker 3: up to the six and a half to seven trillion

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Speaker 3: dollars of spending. Where the inflation's coming from is the

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Speaker 3: increased we're still having a Canesian stimulus.

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Speaker 1: And now we have this added problem.

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Speaker 3: That the deficits are so big at two trillion dollars,

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Speaker 3: it's how do you finance that? And that gets added

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Speaker 3: to the debt. We keep saying at thirty six traeum.

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Speaker 3: The Congressional Budget Office, the Congressional Budget Office, and I'm

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Speaker 3: not saying they're perfect, They're not perfect. I'm just saying

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Speaker 3: directionally and on directionally they are perfect are they're pretty close?

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Speaker 3: And they're saying your growth. The assumptions that they're taking

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Speaker 3: this model, your growth is about one point eight percent.

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Speaker 1: This is reality.

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Speaker 3: That's why what President Trump's trying to do is a

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Speaker 3: supply side tax cut. And Scott Beston says, probably the

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Speaker 3: last shot we have to do that. And Scott and

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Speaker 3: these guys are talking about two to two and a

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Speaker 3: half percent growth. A nirvana would be three percent. Elon

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Speaker 3: in the o VELOPCIA they said five percent. I think

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Speaker 3: Andres and these guys are talking five percent. If you're

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Speaker 3: talking five percent growth, I would assume that's something to

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Speaker 3: dealing with artificial intelligence and cutting out a big swath

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Speaker 3: of the labor force, massive increases to productivity and potentially growth.

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Speaker 3: But that in and of itself ain't that easy because

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Speaker 3: that's going to that's putting a that's going to have

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Speaker 3: tremendous societal implications. You think these people now are hesitant

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Speaker 3: about cutting spending or increase social programs like medicaid, income security,

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Speaker 3: which is if you look at if you look at

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Speaker 3: the axios, they break it down all the food stamp programs.

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Speaker 3: All that's called income security, which is a big number.

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Speaker 3: I think six or seven hundred million dollars bank in

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Speaker 3: Asia day, one of the biggest banks in Asia announced

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Speaker 3: four thousand administrative personnel with good paying jobs gone because.

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Speaker 1: Of artificial intelligence.

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Speaker 3: This is this is You're gonna see this every day now,

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Speaker 3: particularly as artificial intelligence is looked at as an efficiency

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Speaker 3: and not an innovation, not driving innovation, but just driving

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Speaker 3: efficiency that means cutting jobs. So this is not going

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Speaker 3: to be easy. But the first thing you have to

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Speaker 3: do is get a handle on this. And I think

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Speaker 3: out of this current year and or next year, you've

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Speaker 3: got to have a significant We've got to figure out

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Speaker 3: how do we get back to the pre pandemic levels.

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Speaker 3: The pre pandemic levels. The budget was a four and

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Speaker 3: a half or five tree in and you have to

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Speaker 3: look a lot of this is in social Security, a

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Speaker 3: lot of things that popped, some of these internal programs

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Speaker 3: that's going to be reviewed exactly what people just have

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Speaker 3: to understand where the driver's here. I'm not saying touch

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Speaker 3: social Security and Medicare, but you clearly have to know

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Speaker 3: just like we talked about all the time on Birch Gold,

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Speaker 3: we're not there to sell your fish where they're to

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Speaker 3: have the Birch goal. Guys, teach you the think through

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Speaker 3: how you fish pattern recognition, so you become smartest. Not

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Speaker 3: the simple fact that gold's hitting all time highs every

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Speaker 3: couple of days. It's why it's doing that, and what

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Speaker 3: is it going to do in the future based upon

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Speaker 3: current trends and understandings.

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Speaker 1: That's the same here. It's going to be painful.

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Speaker 3: I've said this, there's no way that there's impossible that

436
00:24:29,280 --> 00:24:30,840
Speaker 3: this process we're going to go through is not going

437
00:24:30,880 --> 00:24:33,000
Speaker 3: to be painful. The question is going to be who's

438
00:24:33,000 --> 00:24:34,679
Speaker 3: going to get the pain, how's it going to be shared.

439
00:24:36,840 --> 00:24:39,000
Speaker 3: One thing that is jumping off the page at you

440
00:24:39,160 --> 00:24:44,760
Speaker 3: is that the additional tax cuts, the populist tax cuts

441
00:24:44,760 --> 00:24:49,800
Speaker 3: for tips, for overtime, for the military, the veterans, the

442
00:24:51,440 --> 00:24:55,960
Speaker 3: first responders, that's another one, and social security. That adds up, folks,

443
00:24:57,400 --> 00:24:59,880
Speaker 3: my very rough math, that adds up to another tree

444
00:25:00,119 --> 00:25:02,920
Speaker 3: dollars per year. That you take that off the revenue side.

445
00:25:03,080 --> 00:25:05,240
Speaker 3: If he did all those and I strongly recommend that

446
00:25:05,280 --> 00:25:09,320
Speaker 3: we do them, those four categories.

447
00:25:11,320 --> 00:25:12,800
Speaker 1: We didn't even throw bonuses in there.

448
00:25:12,800 --> 00:25:16,359
Speaker 3: Maybe a little too complicated, but tax on tips, tax

449
00:25:16,440 --> 00:25:21,080
Speaker 3: on overtime, tax on the first responders, veterans, military, to

450
00:25:21,080 --> 00:25:23,360
Speaker 3: cut the taxes there, cut the tax on Social Security.

451
00:25:23,440 --> 00:25:26,560
Speaker 3: Those four added to about trillion dollars. So I got

452
00:25:26,560 --> 00:25:31,800
Speaker 3: a bigger problem in this financing. Now, clearly that is

453
00:25:31,800 --> 00:25:34,720
Speaker 3: the supplies I cut. That could be very that could

454
00:25:36,960 --> 00:25:40,040
Speaker 3: potentially add a lozet stimulus to the economy. But we

455
00:25:40,080 --> 00:25:42,280
Speaker 3: still have this massive problem. Inflation is not going to

456
00:25:42,359 --> 00:25:44,199
Speaker 3: go away until you cut federal spending because you have

457
00:25:44,240 --> 00:25:47,800
Speaker 3: these massive deficits, You have these huge interest payments, and

458
00:25:48,560 --> 00:25:52,360
Speaker 3: on top of all that, you're increasing this debt. You know,

459
00:25:52,600 --> 00:25:55,720
Speaker 3: in our calculations of trellion dollars, about every hundred days

460
00:25:56,760 --> 00:25:58,720
Speaker 3: that gets added to the face amount and has to

461
00:25:58,760 --> 00:26:03,879
Speaker 3: be refinanced. Scott Besten's out there today. What did Beston

462
00:26:03,960 --> 00:26:05,800
Speaker 3: say what I've been saying. He's saying he's going to

463
00:26:05,880 --> 00:26:10,280
Speaker 3: make treasuries more attractive. He's going to do things to

464
00:26:10,320 --> 00:26:14,119
Speaker 3: make treasuries more attractive. Why is that he's got about

465
00:26:14,119 --> 00:26:16,919
Speaker 3: ten trillion dollars of treasuries. I think he has to

466
00:26:16,920 --> 00:26:18,600
Speaker 3: sell between now and the end of the year. You

467
00:26:18,680 --> 00:26:23,080
Speaker 3: have to refinance approximately one third of this.

468
00:26:24,560 --> 00:26:27,800
Speaker 1: Every year. Birch Gold.

469
00:26:27,840 --> 00:26:31,320
Speaker 3: One thing I recommend you do today, It's quite simple.

470
00:26:31,359 --> 00:26:36,159
Speaker 3: Take your phone out, text Bannon be a n n O.

471
00:26:36,400 --> 00:26:40,159
Speaker 3: N At nine eight nine, eight ninety eight. Get the brochure.

472
00:26:40,640 --> 00:26:44,840
Speaker 3: The pamphlet The Ultimate Guide to Investing in Precious Metals

473
00:26:44,840 --> 00:26:50,920
Speaker 3: in Gold in the Era of Trump explains exactly where

474
00:26:50,920 --> 00:26:54,879
Speaker 3: we are economically and why gold is a hedge for

475
00:26:55,000 --> 00:26:55,879
Speaker 3: turbulent times.

476
00:26:56,080 --> 00:27:06,280
Speaker 1: Short break, use your host. President Trump is trying.

477
00:27:06,320 --> 00:27:08,720
Speaker 3: And when I say the change of the geoeconomic model,

478
00:27:08,920 --> 00:27:11,399
Speaker 3: remember he is and this is going to take longer

479
00:27:11,440 --> 00:27:11,960
Speaker 3: to kick in.

480
00:27:12,720 --> 00:27:16,360
Speaker 1: But his idea of this is that, and this is this.

481
00:27:16,359 --> 00:27:20,480
Speaker 3: Whole concept of external revenue service, that the entire burden

482
00:27:20,560 --> 00:27:24,640
Speaker 3: of this should not just be on the shoulders of

483
00:27:25,880 --> 00:27:30,840
Speaker 3: corporations and citizens internal revenue, that part of this should

484
00:27:30,840 --> 00:27:32,480
Speaker 3: come from the world as far as what he calls

485
00:27:32,520 --> 00:27:35,280
Speaker 3: external revenues. And that's why his tariffs are bigger than

486
00:27:35,320 --> 00:27:38,680
Speaker 3: just terroriffs. He's not putting a tariff on a avocado

487
00:27:38,720 --> 00:27:40,080
Speaker 3: coming from Mexico.

488
00:27:41,280 --> 00:27:42,879
Speaker 1: Or an under the hood part.

489
00:27:44,119 --> 00:27:49,359
Speaker 3: Coming from coming from Canada down into Detroit. It's deeper

490
00:27:49,400 --> 00:27:53,040
Speaker 3: than that. He sees the fact that this is a

491
00:27:53,080 --> 00:27:57,080
Speaker 3: premium market. People should be paying premium prices or bring

492
00:27:57,080 --> 00:28:00,800
Speaker 3: your manufacturing and manufacture out of here at the United

493
00:28:00,840 --> 00:28:05,120
Speaker 3: States to drive jobs and wages and they've got all

494
00:28:05,200 --> 00:28:09,680
Speaker 3: kinds of you know, information. Peter Navarro's on CNBC. We'll

495
00:28:09,680 --> 00:28:11,800
Speaker 3: try to get those clips. Maybe I'll play them tonight.

496
00:28:12,560 --> 00:28:14,840
Speaker 3: Peter and Bavar is out making the case of this

497
00:28:15,000 --> 00:28:19,520
Speaker 3: right now. Those tariffs are coming. Part of that is

498
00:28:20,640 --> 00:28:24,240
Speaker 3: to drive additional external revenue to try to close this deficit.

499
00:28:24,280 --> 00:28:27,160
Speaker 3: President Trump understands as a finance guy is a deal guy.

500
00:28:27,840 --> 00:28:28,240
Speaker 1: We can't.

501
00:28:28,480 --> 00:28:34,119
Speaker 3: And he's an individual that uses leverage in real estate transactions.

502
00:28:34,240 --> 00:28:38,680
Speaker 3: Leverage the correct amount of debt and the correct correct

503
00:28:40,120 --> 00:28:42,760
Speaker 3: capital structure is what can.

504
00:28:42,640 --> 00:28:43,800
Speaker 1: Turbo charge.

505
00:28:46,640 --> 00:28:51,880
Speaker 3: Turbocharge returns in real estate by using the asset side

506
00:28:52,320 --> 00:28:55,360
Speaker 3: to borrow against using as little equity as possible.

507
00:28:56,880 --> 00:28:59,000
Speaker 1: This is also not lost on Scott Besson.

508
00:29:00,160 --> 00:29:04,800
Speaker 3: Scott Bessen keeps talking about using the assets side of

509
00:29:04,800 --> 00:29:08,080
Speaker 3: our balance sheet to set things right. You hear a

510
00:29:08,080 --> 00:29:09,920
Speaker 3: lot of people talk, a lot of people from that.

511
00:29:09,920 --> 00:29:11,320
Speaker 3: I shouldn't say a lot of people. Some people are

512
00:29:11,320 --> 00:29:14,320
Speaker 3: talking finance. Well, it's not that bad, because I don't know,

513
00:29:14,320 --> 00:29:17,240
Speaker 3: we have one hundred trellion dollars of assets in the

514
00:29:17,280 --> 00:29:21,080
Speaker 3: country or more, and you only got thirty six trillion

515
00:29:21,120 --> 00:29:27,000
Speaker 3: dollars a debt, right you're not upside down. The problem

516
00:29:27,080 --> 00:29:28,640
Speaker 3: is when you look at the liquidity it is you

517
00:29:28,680 --> 00:29:30,360
Speaker 3: have a liquidity issue.

518
00:29:31,600 --> 00:29:32,160
Speaker 1: The revenues.

519
00:29:32,200 --> 00:29:33,800
Speaker 3: You don't have revenues coming in to pay it, so

520
00:29:33,840 --> 00:29:38,080
Speaker 3: therefore you got to bar additionally. And this gets back

521
00:29:38,120 --> 00:29:40,320
Speaker 3: to modern monetary theory. This is why we did the

522
00:29:40,320 --> 00:29:42,280
Speaker 3: Birch Gold and you can understand it. If you do,

523
00:29:42,400 --> 00:29:44,560
Speaker 3: go to Birch gold dot com slash ban and now

524
00:29:44,680 --> 00:29:48,760
Speaker 3: get the sixth free installment. I would recommend you read

525
00:29:48,800 --> 00:29:52,160
Speaker 3: them all at your leisure, even if you don't understand it,

526
00:29:52,280 --> 00:29:54,280
Speaker 3: just go through it and just you'll, you know, all

527
00:29:54,280 --> 00:29:57,000
Speaker 3: of a sudden you'll hear these terms and they'll play

528
00:29:57,040 --> 00:29:58,640
Speaker 3: over and over again. And this is how you build

529
00:29:58,680 --> 00:30:00,320
Speaker 3: your mental map. This is what we're try to do

530
00:30:00,360 --> 00:30:03,960
Speaker 3: hearing the show. This is why we don't chase most

531
00:30:03,960 --> 00:30:05,920
Speaker 3: of the rabbits that are out there. The other people do.

532
00:30:06,080 --> 00:30:08,120
Speaker 3: I'm not saying that's bad, that's fine. They do a

533
00:30:08,120 --> 00:30:11,680
Speaker 3: great job of it. The one I did want to

534
00:30:11,760 --> 00:30:15,160
Speaker 3: get to today, and I've got Michael Ben's on I

535
00:30:15,200 --> 00:30:18,480
Speaker 3: think Wednesday in the evening show, and Terry Shilling's going

536
00:30:18,520 --> 00:30:20,080
Speaker 3: to try to join us in some other folks. This

537
00:30:20,160 --> 00:30:23,320
Speaker 3: thing at the NSA about the chat rooms shows you

538
00:30:24,080 --> 00:30:27,920
Speaker 3: some of the deep rot we have in the government.

539
00:30:27,960 --> 00:30:30,560
Speaker 3: This there's chat rooms that I guess have been verified,

540
00:30:31,360 --> 00:30:34,760
Speaker 3: show the depravity of people you have working in the

541
00:30:34,840 --> 00:30:39,560
Speaker 3: highest you know, NSA is one of the highest, you know.

542
00:30:41,120 --> 00:30:43,840
Speaker 1: Highest security clearances.

543
00:30:43,360 --> 00:30:48,360
Speaker 3: Of anyone of any people, any sets of people CIA

544
00:30:48,520 --> 00:30:54,000
Speaker 3: in the in the NSA. In this chat room, which

545
00:30:54,120 --> 00:30:56,760
Speaker 3: I said, it looks like he's been verified, is depravity.

546
00:30:56,960 --> 00:30:59,280
Speaker 1: That's something we're going to drill down on. We normally don't.

547
00:30:59,120 --> 00:31:00,680
Speaker 3: Chase a lot of stories like that, but you've got too,

548
00:31:00,680 --> 00:31:03,560
Speaker 3: because I think this shows the problem we've got in

549
00:31:03,600 --> 00:31:06,400
Speaker 3: the deep state and one of the reason it's going

550
00:31:06,440 --> 00:31:10,600
Speaker 3: to be so hard to take it down. This is

551
00:31:10,600 --> 00:31:13,600
Speaker 3: why President Trump in this GEO and this is historic.

552
00:31:14,760 --> 00:31:19,000
Speaker 3: We're living in historic times. With what thirty three thirty

553
00:31:19,000 --> 00:31:21,160
Speaker 3: four days into this, Look what's been accomplished so far,

554
00:31:21,640 --> 00:31:28,000
Speaker 3: just getting these on the table. Just if Elon Musk,

555
00:31:28,480 --> 00:31:31,240
Speaker 3: if DOGE was just all performative, which it's not, but

556
00:31:31,320 --> 00:31:35,640
Speaker 3: let's say it was all performative, It's worth it just

557
00:31:35,840 --> 00:31:39,040
Speaker 3: to see the response to the administrative state and to

558
00:31:39,120 --> 00:31:40,560
Speaker 3: let you know how hard this is going to be

559
00:31:40,600 --> 00:31:43,800
Speaker 3: to take down Elon Musk is the wealthiest guy in

560
00:31:43,800 --> 00:31:47,600
Speaker 3: the world and a genius when it comes to engineering.

561
00:31:47,800 --> 00:31:52,440
Speaker 3: He's got these dosee guys. He's given blunt force trauma

562
00:31:52,520 --> 00:31:54,680
Speaker 3: to the administrative state. But look at the pushback there,

563
00:31:56,880 --> 00:31:59,440
Speaker 3: and look at the pushback you're seeing at on the

564
00:32:00,240 --> 00:32:04,000
Speaker 3: networks that are opposed to President Trump. In the Color

565
00:32:04,080 --> 00:32:08,280
Speaker 3: Revolution folks that Natalie Winters is drilling down on to

566
00:32:08,280 --> 00:32:09,280
Speaker 3: show you the resistance.

567
00:32:11,440 --> 00:32:13,080
Speaker 1: None of this is going to be easy, but it

568
00:32:13,160 --> 00:32:13,920
Speaker 1: has to happen.

569
00:32:14,600 --> 00:32:18,200
Speaker 3: Number one, It has to happen to unlock the animal

570
00:32:18,240 --> 00:32:21,560
Speaker 3: spirits of entrepreneurs in this country and also give us

571
00:32:21,560 --> 00:32:26,120
Speaker 3: our liberty back much less financial Also, the financial part

572
00:32:26,200 --> 00:32:29,840
Speaker 3: is I kept saying the entire time that middle vertical

573
00:32:30,440 --> 00:32:34,360
Speaker 3: on the financial is the existential threat. Now Johnson just

574
00:32:34,400 --> 00:32:36,080
Speaker 3: came out. We said there in the press conference, we

575
00:32:36,160 --> 00:32:38,120
Speaker 3: picked up we're going to have a vote tonight or

576
00:32:38,160 --> 00:32:42,239
Speaker 3: we're not. When you say or not, I'm not feeling it.

577
00:32:43,840 --> 00:32:45,840
Speaker 3: What I'm hearing is that they're at least fifteen or

578
00:32:45,880 --> 00:32:50,240
Speaker 3: twenty Republicans that are not there on this budget resolution.

579
00:32:50,400 --> 00:32:52,720
Speaker 3: And this is on the sidebar, not the CR And

580
00:32:52,760 --> 00:32:55,160
Speaker 3: I think now he's finally getting blowback on what we've

581
00:32:55,160 --> 00:32:57,240
Speaker 3: said is you got to take care of that first,

582
00:32:58,680 --> 00:33:01,080
Speaker 3: and President Trump has to be totally informed, which I'm

583
00:33:01,080 --> 00:33:04,640
Speaker 3: not sure he is. I'm not sure sure they've given

584
00:33:04,720 --> 00:33:08,080
Speaker 3: him the details, particularly the three most brutal facts, unless

585
00:33:08,080 --> 00:33:10,720
Speaker 3: you come up with something different and present the people

586
00:33:11,320 --> 00:33:17,480
Speaker 3: a cr like an omnibus CR that you know he

587
00:33:17,600 --> 00:33:21,000
Speaker 3: waved off on in before Christmas because nobody was prepared

588
00:33:21,040 --> 00:33:25,880
Speaker 3: to accept it. They wanted President Trump and the Congress

589
00:33:26,240 --> 00:33:28,440
Speaker 3: that we controlled both houses to have a shot at this.

590
00:33:29,240 --> 00:33:30,760
Speaker 3: So now we're coming down to the last couple of

591
00:33:30,800 --> 00:33:32,880
Speaker 3: weeks and guess what we squandered the shot or we

592
00:33:32,960 --> 00:33:36,600
Speaker 3: shot a brick or an airball, or nobody wanted to

593
00:33:36,640 --> 00:33:42,800
Speaker 3: address it. Because the reality, unless it changes, is that

594
00:33:42,840 --> 00:33:45,640
Speaker 3: you've got Biden's number two train dollar deficit baked in

595
00:33:45,720 --> 00:33:48,960
Speaker 3: and not one penny of what Elon's found on the

596
00:33:49,000 --> 00:33:53,120
Speaker 3: fifty five billion plus of his numbers in the DOGE

597
00:33:53,600 --> 00:33:58,480
Speaker 3: audits comes out. In fact, you actually financed it for

598
00:33:58,520 --> 00:34:08,120
Speaker 3: another six months, which is ridunculous. Remember you're not going

599
00:34:08,200 --> 00:34:14,120
Speaker 3: to get any none, zero Democrat assistance on any of this.

600
00:34:14,160 --> 00:34:16,840
Speaker 3: They're in shell shock right now. Their numbers are falling

601
00:34:16,880 --> 00:34:18,920
Speaker 3: through the floor. Their numbers as a party are horrible.

602
00:34:19,160 --> 00:34:21,880
Speaker 3: They're getting chewed on every night on these cable channels

603
00:34:21,880 --> 00:34:24,960
Speaker 3: that support them and back them up that they're not

604
00:34:25,040 --> 00:34:30,040
Speaker 3: fighting hard enough. It's Republicans. Democrats are coming to Republican

605
00:34:30,719 --> 00:34:34,520
Speaker 3: town halls. Those are Democrats in there. Why I can

606
00:34:34,560 --> 00:34:37,919
Speaker 3: tell them, the Democrats, they're all trashing President Trump. These

607
00:34:37,960 --> 00:34:40,799
Speaker 3: are not maga, these are not independents. These people are

608
00:34:40,800 --> 00:34:44,480
Speaker 3: all sitting up trashing President Trump. It's obviously it's gun decked.

609
00:34:44,800 --> 00:34:48,200
Speaker 3: You're having Democrats sitting there that are freaked out about

610
00:34:48,239 --> 00:34:49,600
Speaker 3: taking on the administrative state.

611
00:34:52,360 --> 00:34:52,960
Speaker 1: So think about it.

612
00:34:53,000 --> 00:34:58,560
Speaker 3: President Trump is doing a complete and total reformulation of

613
00:34:58,600 --> 00:35:02,800
Speaker 3: the system that governs the world. And what he's doing

614
00:35:03,440 --> 00:35:07,400
Speaker 3: is trying to make sure that our allies in World

615
00:35:07,400 --> 00:35:11,239
Speaker 3: War Two, the Russian people are somehow not in the

616
00:35:11,719 --> 00:35:15,160
Speaker 3: in the sphere of control of the Chinese Commuist Party.

617
00:35:15,320 --> 00:35:18,880
Speaker 3: Because what Biden left us with is what I warned

618
00:35:18,880 --> 00:35:23,680
Speaker 3: people he was going to leave us with Beijing, Persia,

619
00:35:24,760 --> 00:35:28,360
Speaker 3: Russia and now Turkey all kind of working in unison

620
00:35:28,800 --> 00:35:33,960
Speaker 3: to control the Eurasian land mass. And when that happens,

621
00:35:34,000 --> 00:35:36,160
Speaker 3: it's a it's a it's a it's a tough road

622
00:35:36,200 --> 00:35:38,880
Speaker 3: to slog. We don't have to do that. And President

623
00:35:38,880 --> 00:35:41,320
Speaker 3: Trump understands that. That's why he's working on this Russian

624
00:35:41,400 --> 00:35:46,160
Speaker 3: rob Rochman. A subset of that is what's happening in

625
00:35:47,600 --> 00:35:52,640
Speaker 3: Ukraine and you have this deal that' Scott Bessant and

626
00:35:52,800 --> 00:35:56,799
Speaker 3: Secretary of State Rubio and others are working on. Steve

627
00:35:56,840 --> 00:36:00,319
Speaker 3: Whitkoff just came out and just report just came out

628
00:36:00,360 --> 00:36:01,320
Speaker 3: from the World Bank.

629
00:36:01,680 --> 00:36:04,000
Speaker 1: Take it. Take the analysis for what you want.

630
00:36:04,040 --> 00:36:06,480
Speaker 3: They're saying, it's a half a treeon dollars five hundred

631
00:36:06,520 --> 00:36:12,680
Speaker 3: and twenty five billion dollars to rebuild Ukraine. Now take

632
00:36:12,719 --> 00:36:15,120
Speaker 3: that number. Double it treeion dollars. That's what it's going

633
00:36:15,200 --> 00:36:19,440
Speaker 3: to take a minimum, and that money. Maybe that money

634
00:36:19,480 --> 00:36:21,600
Speaker 3: comes from their side of the cash flow of the

635
00:36:21,760 --> 00:36:25,800
Speaker 3: of the of the minerals. That's the way they're structuring

636
00:36:25,840 --> 00:36:32,640
Speaker 3: the deal. Let's see. Unless that fits into an overall

637
00:36:33,800 --> 00:36:39,520
Speaker 3: rap prochemont with the Russians, I'm not so sure. Independent

638
00:36:39,640 --> 00:36:43,400
Speaker 3: independent of that, I don't think we ought to have

639
00:36:43,480 --> 00:36:47,319
Speaker 3: anything to do with it as part of contextualized in

640
00:36:47,400 --> 00:36:49,160
Speaker 3: that and what President Trump's trying to do.

641
00:36:50,680 --> 00:36:51,399
Speaker 1: At the same time.

642
00:36:51,440 --> 00:36:53,720
Speaker 3: What he's doing here for the for the Monroe Doctrine

643
00:36:53,760 --> 00:36:58,759
Speaker 3: two point zero, from Greenland to Panama Canal, from the

644
00:36:58,840 --> 00:37:05,719
Speaker 3: Arctic to the Pacific. Maybe throw in a iron dome,

645
00:37:05,800 --> 00:37:08,000
Speaker 3: although god knows how we're going to pay for that

646
00:37:08,120 --> 00:37:12,120
Speaker 3: right now, because it can pay for the military that

647
00:37:12,160 --> 00:37:16,719
Speaker 3: we that they want. Don't forget the military. The NDAA

648
00:37:16,760 --> 00:37:18,839
Speaker 3: and the military is nine hundred billion dollars they haven't

649
00:37:18,880 --> 00:37:21,239
Speaker 3: allocated totally how that's going to be spend nine hundred

650
00:37:21,280 --> 00:37:26,160
Speaker 3: million dollars that does not include, that does not include

651
00:37:26,880 --> 00:37:29,960
Speaker 3: this two part reconciliation of the talking about that has

652
00:37:29,960 --> 00:37:32,920
Speaker 3: one hundred and seventy five billion dollars just for security,

653
00:37:33,000 --> 00:37:37,080
Speaker 3: border and deportations, one hundred and seventy five billion. Make

654
00:37:37,080 --> 00:37:40,040
Speaker 3: sure you give that a nice warm embrace of what

655
00:37:40,120 --> 00:37:43,719
Speaker 3: biding these guys my Yorkis did to this country over

656
00:37:43,760 --> 00:37:46,120
Speaker 3: this four years. In addition, I think there's one hundred

657
00:37:46,120 --> 00:37:52,200
Speaker 3: and one hundred and fifty billion dollars additional money for

658
00:37:52,320 --> 00:37:55,200
Speaker 3: defense that would be in my simple mind, that would

659
00:37:55,239 --> 00:37:57,600
Speaker 3: bring us to over trellion dollars of defense spending.

660
00:37:58,040 --> 00:37:59,040
Speaker 1: That just can't happen.

661
00:37:59,080 --> 00:38:00,680
Speaker 3: If that, if we're going to talk, we're spend of

662
00:38:00,719 --> 00:38:07,560
Speaker 3: treon dollars in defense, particularly in the reorganization of our strategy.

663
00:38:08,440 --> 00:38:12,439
Speaker 3: The kind of President Trump hinting in the reset, We're

664
00:38:12,440 --> 00:38:14,320
Speaker 3: not going to make it as a country.

665
00:38:14,320 --> 00:38:17,120
Speaker 1: We're just not now.

666
00:38:17,200 --> 00:38:21,400
Speaker 3: Ferguson, Neil Ferguson has a stat that when interest payments

667
00:38:21,440 --> 00:38:25,279
Speaker 3: are greater than your defense budget, the country always collapses.

668
00:38:26,800 --> 00:38:28,600
Speaker 1: That's kind of a modern day on.

669
00:38:28,719 --> 00:38:32,440
Speaker 3: Paul Kennedy, the great British naval historian that wrote a

670
00:38:32,520 --> 00:38:35,920
Speaker 3: seminal work during President Reagan's The Last year is the

671
00:38:35,960 --> 00:38:40,280
Speaker 3: President Reagan's term called The Rise and Fall Great Powers,

672
00:38:40,320 --> 00:38:42,799
Speaker 3: which is still an incredibly powerful book.

673
00:38:42,560 --> 00:38:46,160
Speaker 1: And makes the same point. And we are here, folks.

674
00:38:47,800 --> 00:38:50,600
Speaker 3: The debt levels are higher, I think one to twenty

675
00:38:50,600 --> 00:38:53,520
Speaker 3: five or higher than it was in World War Two.

676
00:38:53,800 --> 00:38:56,080
Speaker 3: Note to self, the vote the budget they want to

677
00:38:56,120 --> 00:38:59,560
Speaker 3: vote on tonight. I think takes the debts. I think

678
00:38:59,600 --> 00:39:02,320
Speaker 3: takes the debt total debt to GDP up to a

679
00:39:02,400 --> 00:39:05,480
Speaker 3: higher number. I think it's one thirty five.

680
00:39:05,600 --> 00:39:06,160
Speaker 1: I had to run.

681
00:39:06,480 --> 00:39:09,880
Speaker 3: It's a higher number, doesn't decrease, it takes it higher.

682
00:39:13,000 --> 00:39:16,759
Speaker 3: The what they're talking about on this on reality like

683
00:39:16,800 --> 00:39:19,319
Speaker 3: a bankrupt company. It's the you know, next day, next day,

684
00:39:19,360 --> 00:39:23,719
Speaker 3: next day. Where's the cash? How are cutting cost? All

685
00:39:23,760 --> 00:39:25,879
Speaker 3: the costs you're hearing cut when they're talking about trains

686
00:39:25,920 --> 00:39:27,440
Speaker 3: of dollars A cut is all fantasy.

687
00:39:27,640 --> 00:39:29,680
Speaker 1: It's all out here. So it's Kevin McCarthy.

688
00:39:30,120 --> 00:39:34,800
Speaker 3: We have so many conservative wins here, it's not true.

689
00:39:35,160 --> 00:39:39,319
Speaker 3: And now you have the expectations of inflation increasing, and

690
00:39:39,400 --> 00:39:42,080
Speaker 3: you have this what the conference board, and they're no

691
00:39:42,120 --> 00:39:44,320
Speaker 3: friend to Trump, and they're no friend of magaconity collapse

692
00:39:44,360 --> 00:39:45,320
Speaker 3: in consumer confidence.

693
00:39:45,320 --> 00:39:47,479
Speaker 1: But clearly consumer confidence is starting to come down.

694
00:39:50,480 --> 00:39:52,239
Speaker 3: President Trump's got to understand he's going to get no

695
00:39:52,239 --> 00:39:54,640
Speaker 3: help on this just to rally. He's going to get

696
00:39:54,640 --> 00:39:58,319
Speaker 3: no help. He's going to do this himself. That's he's

697
00:39:58,320 --> 00:40:02,319
Speaker 3: gonna have to do himself. There's not enough, there's not

698
00:40:02,400 --> 00:40:04,239
Speaker 3: enough courage up on Capitol Hill for them to do.

699
00:40:04,280 --> 00:40:06,359
Speaker 3: With the political classes wants to kick the can down

700
00:40:06,360 --> 00:40:09,799
Speaker 3: the road. We're gonna need you at the ramparts, not

701
00:40:09,880 --> 00:40:13,879
Speaker 3: today with Bill Blaster and all that. What we need

702
00:40:13,920 --> 00:40:17,240
Speaker 3: to do is make sure that you're not a casualty

703
00:40:17,440 --> 00:40:20,480
Speaker 3: of a financial economic core, like about your title to

704
00:40:20,560 --> 00:40:21,000
Speaker 3: your home.

705
00:40:21,200 --> 00:40:22,560
Speaker 1: Remember, and particularly.

706
00:40:22,200 --> 00:40:24,840
Speaker 3: In this day and time, I don't know eighty or

707
00:40:24,920 --> 00:40:27,520
Speaker 3: ninety percent of your net worth is tied up in

708
00:40:27,600 --> 00:40:31,960
Speaker 3: that title. You can't anybody monetize it. That's yours. Home

709
00:40:32,040 --> 00:40:35,360
Speaker 3: title lock dot com Steve twenty five.

710
00:40:36,040 --> 00:40:37,600
Speaker 1: You get trip one million.

711
00:40:37,400 --> 00:40:42,239
Speaker 3: Dollar triple lock protection, twenty four to seven coverage alerts immediately.

712
00:40:42,280 --> 00:40:45,200
Speaker 3: If anybody's messing around with your title and a restoration

713
00:40:45,320 --> 00:40:48,200
Speaker 3: project of all else fails, they'll put up a million

714
00:40:48,280 --> 00:40:52,400
Speaker 3: bocks principally illegal to sort your mess out. Home title

715
00:40:52,400 --> 00:40:57,040
Speaker 3: lock dot Com Steve twenty five do it today.

716
00:40:58,080 --> 00:40:59,879
Speaker 1: Use your host, Stephen Cave.

717
00:41:04,400 --> 00:41:06,080
Speaker 3: So we're gonna get down into more of this in

718
00:41:06,360 --> 00:41:08,719
Speaker 3: the afternoon show. I don't think this budget vote's going

719
00:41:08,800 --> 00:41:10,840
Speaker 3: to happen today. Otherwise we're happy with the ramparts. I

720
00:41:10,840 --> 00:41:11,840
Speaker 3: don't think it's gonna happen.

721
00:41:12,480 --> 00:41:15,160
Speaker 1: I don't think it's gonna happen tomorrow either things.

722
00:41:15,200 --> 00:41:17,080
Speaker 3: A lot of works has got to be done, and

723
00:41:17,520 --> 00:41:20,319
Speaker 3: there are too many moving pieces to this. One thing

724
00:41:20,360 --> 00:41:22,200
Speaker 3: we do know is they're going to need tax revenue

725
00:41:22,640 --> 00:41:27,400
Speaker 3: and they're gonna come looking at it for from everybody.

726
00:41:27,840 --> 00:41:29,839
Speaker 3: If you've got a letter from the IRS, don't put

727
00:41:29,880 --> 00:41:31,680
Speaker 3: it in the drawer. Let me give you one piece

728
00:41:31,719 --> 00:41:34,319
Speaker 3: of advice to not put in the drawer. It's got

729
00:41:34,360 --> 00:41:36,279
Speaker 3: to be dealt with. You got two ways of dealing

730
00:41:36,280 --> 00:41:38,000
Speaker 3: with it. Either you rip it open, look at the

731
00:41:38,080 --> 00:41:40,759
Speaker 3: number and column, or well, we would recommend you call

732
00:41:40,840 --> 00:41:44,080
Speaker 3: Tax Network USA and have and just bounce it off them.

733
00:41:44,560 --> 00:41:48,399
Speaker 3: Of what your situation is A totally free consultation eight

734
00:41:48,440 --> 00:41:51,719
Speaker 3: hundred ninety five eight one thousand. That's eight hundred ninety

735
00:41:51,719 --> 00:41:55,480
Speaker 3: five eight one thousand, or t NUSA.

736
00:41:54,880 --> 00:41:57,200
Speaker 1: Dot com put in Bannon. You get a cheaper.

737
00:41:57,000 --> 00:42:00,680
Speaker 3: Rate, but the first consultation they can even help you

738
00:42:01,560 --> 00:42:04,719
Speaker 3: is free. Remember the fees, the penalties, the interest, it

739
00:42:04,760 --> 00:42:08,000
Speaker 3: all continues to build. So don't you can't wish this

740
00:42:08,000 --> 00:42:11,120
Speaker 3: one away. You get address it. Two ways to address it.

741
00:42:11,120 --> 00:42:13,480
Speaker 3: We would strongly recommend at least talk to the text

742
00:42:13,520 --> 00:42:17,120
Speaker 3: network people before you call the IRS, but you've eventually

743
00:42:17,160 --> 00:42:20,920
Speaker 3: got to make contact. Tariff's going to go on for

744
00:42:21,360 --> 00:42:28,160
Speaker 3: March right now, Mexico and Canada. Also the at least

745
00:42:28,160 --> 00:42:31,359
Speaker 3: ten percent tariffs going into China. Chinese camera is party

746
00:42:31,360 --> 00:42:34,399
Speaker 3: blown back again today. They're just not going to take

747
00:42:34,440 --> 00:42:36,960
Speaker 3: that sitting down, Jase Medical, make sure that you're not

748
00:42:37,080 --> 00:42:40,359
Speaker 3: hung up in some trade war when they control one

749
00:42:40,480 --> 00:42:44,200
Speaker 3: hundred percent of active pharmaceutical ingredients and eighty percent of

750
00:42:44,200 --> 00:42:46,839
Speaker 3: generic drugs India with the other twenty percent is still

751
00:42:46,880 --> 00:42:51,239
Speaker 3: dependent upon China for the API. Go to jasmedical dot

752
00:42:51,280 --> 00:42:55,000
Speaker 3: Com today, put in Bannon get a better deal. But

753
00:42:55,400 --> 00:42:57,200
Speaker 3: go check to that Go to that site today and

754
00:42:57,280 --> 00:43:04,000
Speaker 3: just check the information. Drill down. Don't be caught unprepared

755
00:43:05,000 --> 00:43:09,040
Speaker 3: for that. So a lot going on today at the

756
00:43:09,040 --> 00:43:12,680
Speaker 3: White House. Also, the United Kingdom's coming this week. You've

757
00:43:12,719 --> 00:43:15,920
Speaker 3: got these massive budget fights. Doze just announced that the

758
00:43:16,000 --> 00:43:18,640
Speaker 3: unemployment rate in the district has gone up.

759
00:43:19,320 --> 00:43:22,600
Speaker 1: They're relating that to Doge. It's going to happen.

760
00:43:24,320 --> 00:43:27,319
Speaker 3: You've got two point five to three million federal employees,

761
00:43:27,920 --> 00:43:30,960
Speaker 3: a large proportion of them in the Washington DC area.

762
00:43:31,000 --> 00:43:32,799
Speaker 3: I think there's one hundred and fifty thousand just in

763
00:43:32,840 --> 00:43:34,040
Speaker 3: Northern Virginia alone.

764
00:43:35,040 --> 00:43:36,759
Speaker 1: This is what the Doze effort part of it's done.

765
00:43:36,800 --> 00:43:38,840
Speaker 3: And they're at ninety thousand I think to one hundred

766
00:43:38,840 --> 00:43:41,000
Speaker 3: thousand right now of the two point five to three

767
00:43:41,040 --> 00:43:45,120
Speaker 3: million federal employees. So a long way to go. And

768
00:43:45,239 --> 00:43:46,920
Speaker 3: this is not going to be done without pain. Let

769
00:43:46,960 --> 00:43:49,279
Speaker 3: me just reinforce that it's not going to be done

770
00:43:49,360 --> 00:43:54,040
Speaker 3: without pain. We have to figure this out, and we

771
00:43:54,120 --> 00:43:55,960
Speaker 3: have to figure out the tax cuts. Like I said,

772
00:43:56,000 --> 00:44:00,040
Speaker 3: I just added another trillion dollars of tax cuts for you,

773
00:44:00,440 --> 00:44:05,960
Speaker 3: the people, Social Security, for the veterans, first responders, troops.

774
00:44:06,000 --> 00:44:12,719
Speaker 3: All that also no tax on on tips and no

775
00:44:12,840 --> 00:44:13,720
Speaker 3: tax on overtime.

776
00:44:13,840 --> 00:44:15,400
Speaker 1: That adds up to another treeing dollars.

777
00:44:15,440 --> 00:44:20,520
Speaker 3: And that's a pure turbocharge, populous tax cut. But you've

778
00:44:20,520 --> 00:44:23,799
Speaker 3: got to come up with another treeing dollars in cuts

779
00:44:24,040 --> 00:44:29,360
Speaker 3: and or wait for it, maybe tax increases somewhere else.

780
00:44:29,560 --> 00:44:30,080
Speaker 1: Don't know.

781
00:44:31,680 --> 00:44:34,560
Speaker 3: We'll be drilling down on that one because things is

782
00:44:34,600 --> 00:44:36,680
Speaker 3: going to have to happen unless you can see significant

783
00:44:36,719 --> 00:44:39,239
Speaker 3: cuts somewhere else. These cuts are you're not gonna be

784
00:44:39,239 --> 00:44:41,560
Speaker 3: able to do with a meat axe, even over defense.

785
00:44:41,680 --> 00:44:47,520
Speaker 1: Gotta be very smart, house done. Mike Lindell, the President.

786
00:44:47,160 --> 00:44:50,080
Speaker 3: Gave you a huge shout out the other day from

787
00:44:50,080 --> 00:44:52,319
Speaker 3: the stage at Seapack. That had to feel pretty good,

788
00:44:53,080 --> 00:44:56,359
Speaker 3: recognizing all the fights and effort you'd had me tell

789
00:44:56,360 --> 00:44:57,759
Speaker 3: me what it felt like when you got that.

790
00:44:58,480 --> 00:45:01,120
Speaker 5: It It was surreal, sty and it was uh, I

791
00:45:01,239 --> 00:45:04,879
Speaker 5: was really it was really encouraging. Because our fight's not done.

792
00:45:04,920 --> 00:45:07,520
Speaker 5: We're going to keep going to secure our election platforms,

793
00:45:07,560 --> 00:45:10,799
Speaker 5: and for him to let the all the media now

794
00:45:10,960 --> 00:45:13,960
Speaker 5: too that you know that he's said that we're all

795
00:45:13,960 --> 00:45:16,040
Speaker 5: on the same we're all on the same page as

796
00:45:16,080 --> 00:45:19,239
Speaker 5: far as uh, you know, getting having secure elections. That

797
00:45:19,320 --> 00:45:22,080
Speaker 5: the twenty twenty election was stole. One of the things

798
00:45:22,080 --> 00:45:25,279
Speaker 5: he said, it's okay to say it now, and I

799
00:45:25,400 --> 00:45:28,440
Speaker 5: shouted it out right at seatback, of course it was stole,

800
00:45:28,719 --> 00:45:31,960
Speaker 5: and uh, it was. It was very.

801
00:45:33,640 --> 00:45:34,520
Speaker 1: It was a lot different.

802
00:45:34,520 --> 00:45:36,960
Speaker 5: You know, he'd always showed my pillow out at rallies,

803
00:45:36,960 --> 00:45:38,040
Speaker 5: you know, being a great.

804
00:45:37,800 --> 00:45:39,200
Speaker 1: Marketer, but this was different.

805
00:45:39,239 --> 00:45:43,200
Speaker 5: This was thanking for thinking myself and basically and that's

806
00:45:43,239 --> 00:45:46,640
Speaker 5: everybody that's helped with this election. And I was, Uh,

807
00:45:47,080 --> 00:45:48,960
Speaker 5: I was very humbling and very uh.

808
00:45:49,320 --> 00:45:54,160
Speaker 1: I was really excited. Yeah, tell me about you spent

809
00:45:54,280 --> 00:45:55,840
Speaker 1: You spent a couple of hours.

810
00:45:56,080 --> 00:45:59,360
Speaker 3: You spent a couple hours of the White House without

811
00:45:59,360 --> 00:46:01,360
Speaker 3: giving up confidences of the president.

812
00:46:01,840 --> 00:46:03,160
Speaker 1: What was your day like over there?

813
00:46:03,600 --> 00:46:06,960
Speaker 5: That was? It was? It was about maybe forty five minutes.

814
00:46:07,000 --> 00:46:09,280
Speaker 5: I suppose an hour in the in the Oval office,

815
00:46:09,320 --> 00:46:11,160
Speaker 5: and then I was in the White House for quite

816
00:46:11,160 --> 00:46:13,239
Speaker 5: a while. I was in the in the briefing room

817
00:46:13,320 --> 00:46:17,040
Speaker 5: and where the press is and but with him when

818
00:46:17,120 --> 00:46:21,000
Speaker 5: we talked about the elections, Uh, even the twenty twenty

819
00:46:21,000 --> 00:46:24,040
Speaker 5: four election here you know, too big to rig. And

820
00:46:24,040 --> 00:46:26,399
Speaker 5: and I brought him all the stuff that we uh

821
00:46:26,680 --> 00:46:29,799
Speaker 5: for his administration. He call the people in to give

822
00:46:29,840 --> 00:46:32,560
Speaker 5: him all the stuff that they would need to secure

823
00:46:32,600 --> 00:46:33,200
Speaker 5: our elections.

824
00:46:33,239 --> 00:46:35,520
Speaker 1: That we remember, we're four years ahead of.

825
00:46:35,760 --> 00:46:40,160
Speaker 5: Anybody even looking into anything, so we you know anything

826
00:46:40,160 --> 00:46:42,239
Speaker 5: any help they needed. I said, if anybody, if you

827
00:46:42,280 --> 00:46:44,840
Speaker 5: have any any part of the administration needs help with

828
00:46:44,880 --> 00:46:47,520
Speaker 5: the elections, because he wants to get to same day

829
00:46:47,600 --> 00:46:52,479
Speaker 5: voting paper ballots hand counted and voter ID. He said

830
00:46:52,480 --> 00:46:55,640
Speaker 5: it numerous times. In fact, he said in the governor's meeting,

831
00:46:55,719 --> 00:46:58,480
Speaker 5: right before I right before I went to the Oval office.

832
00:46:58,480 --> 00:47:01,480
Speaker 5: In fact, the media when I came out, she goes, yeah,

833
00:47:01,719 --> 00:47:05,120
Speaker 5: the President mentioned, Uh, paper ballot's hand counted in the

834
00:47:05,280 --> 00:47:07,319
Speaker 5: in the governor's meeting. I suppose you talked to him

835
00:47:07,360 --> 00:47:09,680
Speaker 5: before And I said, no, lady, he did that all

836
00:47:09,760 --> 00:47:12,719
Speaker 5: on his own. I said, mine was after, so they

837
00:47:12,719 --> 00:47:15,360
Speaker 5: couldn't do a little hit job there. And uh, I

838
00:47:15,400 --> 00:47:17,520
Speaker 5: brought him a couple other things that would affect the

839
00:47:17,560 --> 00:47:19,920
Speaker 5: whole country that has nothing to do with the elections.

840
00:47:19,960 --> 00:47:24,120
Speaker 5: And Steve I was very encouraged because two of the

841
00:47:24,160 --> 00:47:26,839
Speaker 5: things we talked about they are already doing it.

842
00:47:26,920 --> 00:47:29,200
Speaker 1: I mean, he said, disadministrator, They're.

843
00:47:29,040 --> 00:47:32,520
Speaker 5: Just like I was very I'm going, wow, you're already

844
00:47:32,520 --> 00:47:33,319
Speaker 5: looking into this.

845
00:47:33,440 --> 00:47:34,319
Speaker 1: And and.

846
00:47:35,719 --> 00:47:38,640
Speaker 5: So I was very encouraged that the all the things

847
00:47:38,640 --> 00:47:40,520
Speaker 5: they're they're not getting done, but all the things.

848
00:47:40,320 --> 00:47:43,759
Speaker 1: They're going to be doing yet. And Tina Peters all that, Yeah,

849
00:47:43,880 --> 00:47:45,320
Speaker 1: and real quickly Mike uh.

850
00:47:45,239 --> 00:47:48,640
Speaker 5: And Jeff Peters by the way, everybody, Yeah, they're.

851
00:47:48,120 --> 00:47:48,760
Speaker 1: Very real quickly.

852
00:47:48,800 --> 00:47:52,359
Speaker 3: I want to make sure everybody knows go to this,

853
00:47:52,719 --> 00:47:54,440
Speaker 3: go to right now. I moan, Grace can put up.

854
00:47:54,480 --> 00:47:55,200
Speaker 1: I'm speaking.

855
00:47:55,320 --> 00:47:59,560
Speaker 3: On Friday, Patrick Mobiles won the sponsors of Political Action

856
00:47:59,640 --> 00:48:03,799
Speaker 3: committed their Political Action side in Terran County. I think

857
00:48:03,800 --> 00:48:06,040
Speaker 3: it's sold out with the standing room only. You can

858
00:48:06,040 --> 00:48:08,640
Speaker 3: come or there's not standing there. I think there's some

859
00:48:08,680 --> 00:48:10,960
Speaker 3: additional seating. You're going to have one to meet and

860
00:48:11,000 --> 00:48:14,080
Speaker 3: greet everybody to go to Patriot Mobile if you had to.

861
00:48:14,120 --> 00:48:16,080
Speaker 3: Patriot Mobile, by the way, the best service in the

862
00:48:16,120 --> 00:48:21,480
Speaker 3: world for patriots. Mike thirty seconds, send me a pillow.

863
00:48:22,000 --> 00:48:23,960
Speaker 1: You guys were bringing back for you guys.

864
00:48:24,120 --> 00:48:24,239
Speaker 4: Can.

865
00:48:24,239 --> 00:48:26,759
Speaker 5: I just got back to Minnesota my factory and we

866
00:48:26,840 --> 00:48:27,640
Speaker 5: have some left.

867
00:48:27,640 --> 00:48:30,839
Speaker 1: This is the my Pillow two point zero. There's four

868
00:48:30,880 --> 00:48:31,600
Speaker 1: different styles.

869
00:48:31,680 --> 00:48:33,400
Speaker 5: Up with God, all things are possible.

870
00:48:33,480 --> 00:48:34,760
Speaker 1: You have the American flag.

871
00:48:36,600 --> 00:48:40,040
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