10/9/25: Trump Threatens Pritzker Arrest, Palisades Fire Arsonist, Gold Prices Rise, AIPAC QR Codes

Krystal and Saagar discuss Trump threatens Pritzker arrest, Palisades fire arsonist arrested, gold prices sky high, Gaetz reveals AIPAC QR codes.

 

Jeremy Scahill: https://x.com/jeremyscahill

 

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Episode Transcript

Speaker 1 (00:00):
Hey, guys, Saga and Crystal here.

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dot com.

Speaker 4 (00:33):
Bunch of wild updates for you guys.

Speaker 2 (00:36):
In terms of what's going on in Chicago, Portland, court cases,
National Guard deployment, Meal Team six. We'll get to that
in a moment as well, but let's start with this.
See one Trump threatening both the Mayor of Chicago, Brandon
Johnson and Governor Pritzker. Chicago Mayor should be in jail
for family to protect ice officers. Governor Pritzker as well.

(00:57):
Love When the President of the United States threatens political
opponents with imprisonment, let's go ahead and take a Listen
to Jamie Pritzker's response, Well, I want to hear what.

Speaker 1 (01:05):
You have to say back to the President of the
United States.

Speaker 3 (01:08):
Well, let's start with the idea that this is a
convicted felon.

Speaker 1 (01:12):
I mean, think about that. Who is threatening to jail me.
I got to say, this guy's.

Speaker 5 (01:17):
Unhinged, he's insecure, he's a wanna be dictator.

Speaker 6 (01:21):
And there's one thing I really want to say to
Donald Trump.

Speaker 1 (01:25):
If you come for my people, you come through me.

Speaker 4 (01:28):
So come and get me, Come and get me.

Speaker 2 (01:30):
So Pritzker trying to take a page I think on
of the Gavin Newsom playbook of Hey, I'm going to
stand up to you. I'm not going to buckle in
the face of what you're trying to do to the
city of Chicago. Certainly Chicago residents and many others in
Illinois and many across the country, frankly stand with him
on that. There's also what appears to be a pretty
significant decision yesterday coming out of a federal court in Chicago.

(01:55):
I'm going to do my best to explain this. I
spent a lot of time yesterday digging into the significance
of this and what it's going to mean, let's go
and put this element up on the screen. So a
federal judge in Chicago has found that ICE has repeatedly
violated a consent decree that applies to Chicago and a
number of adjacent regions over warrantless arrests. Okay, So, going

(02:18):
back a number of years, there was a finding that
it appeared ICE was violating immigrants' rights in and around Chicago,
and so the government entered into this consent decree to
make sure they're increased reporting requirements, to make sure that
they are meeting their requirements of using warrants when required
in order to arrest immigrants who were expected of being

(02:39):
in the country illegally.

Speaker 4 (02:41):
So the lawyers for.

Speaker 2 (02:44):
The plaintiff here came in and said, look, it does
not look like you're complying with this whatsoever, and this
judge agreed. So what is the legal landscape Basically, in
the wake of the Supreme Court saying that you can
do these like racial profiling Kavanaugh stops that we've been
talking about.

Speaker 4 (02:59):
You're allowed to briefly question.

Speaker 2 (03:02):
Someone based on basically just like their appearance, the fact
they're in an area where there's a lot of undocumented
immigrants where they're working whatever. You're allowed to briefly question them,
but if you want to actually arrest them, you have
to have some sort of a warrant, and you have
to prove that not only do you have a probable

(03:22):
suspicion that they are in the country illegally, but also
that you suspect that they would be a flight risk.

Speaker 4 (03:30):
This has to be documented.

Speaker 2 (03:32):
So as we've seen in Chicago in any number of cases,
you know, they actually carry around these blank warrants in
their pocket. This was something the judge took great issue
with that. It was like, if they're in the process
of apprehending someone else and there happens to be what
they call collateral arrests that are made, they'll just pull
out one of these blank warrants, fill it out, and

(03:52):
use that as their warrant. In other instances they didn't
use warrants whatsoever. So the judge found that in these
instances specifically that were brought to their attention, I think
there were twenty two different cases, including some that were
noted in the news previously, that they violated that consent decree.
They violate related their rights that those individuals have to
be released and they're also asking for more information about

(04:16):
other instances in which this occurred. So most directly this
applies to Chicago and the surrounding areas that were subject
to this consent decree, but the consent decree also required
some had some stipulations with regard to national enforcement as well.

Speaker 4 (04:33):
So it is a significant development.

Speaker 2 (04:34):
We'll see what the enforcement looks like, We'll see whether
ICE complies with it. We'll see if they change the
way that they conduct themselves going forward. But Sager, one
of the major incidents that they cited in this law
suit in this finding was that apartment rate where people
they just went in with no warrants and pulled people
out in their apartments, whether they were citizens, not citizens, etc.

Speaker 3 (04:54):
Yeah, I was curious, and since you've done the research,
I read that Block Chicago article. What I did I
don't understand is how a consent degree can be confined
only to an area for national law enforcement. That's why
I was like, isn't it a national standard for warrants
or for the like, how why do you have to
conduct yourself differently in the city of Chicago than let's say,

(05:15):
the state of California or the state of Illinois.

Speaker 1 (05:18):
Like how it just didn't click for me. That's what
I was trying to understand.

Speaker 3 (05:21):
I don't know, Yeah, okay, all right, all right, That's
why I've asked chat GPT even they are like, well,
there was a consent degree in the past, and there's
twenty twenty two.

Speaker 1 (05:30):
It's under the Biden administration.

Speaker 3 (05:31):
Technically they don't have to apply or they can comply,
but they can appeal. There's a supremacy argument here about hey,
like you can't restrict like federal law enforcement action in
one particular area because it should be a national standards
by federal court.

Speaker 1 (05:45):
So that's why I was like, what, well.

Speaker 2 (05:47):
And the national standard is, as I described the Kavanaugh
stop is not a justification for arrest.

Speaker 1 (05:52):
Yes, that's right.

Speaker 3 (05:53):
It's a brief detector or it's supposed to be attention
for what is it a reasonable period of time.

Speaker 4 (05:58):
It's not even the tension.

Speaker 2 (05:59):
It's supposed to be like you can approach someone on
the street and question them about their immigration status. Now
Ice has been stretching that in all sorts of ways,
and even what constitute arrest is something that has to
be sort of litigated that there's you know, supreme court
precedent of that, et cetera. And the idea is that
a reasonable person would think that you were not able
to freely leave. Is the definition of what constitutes are

(06:20):
an arrest? Something like that is basically the language. What
I read is that basically the consent decree allowed ICE
to agree to these changes, but didn't admit liability. It
applies to arrest in the seven county Chicago metro area,
but includes nationwide policy changes for ICE's warrantless arrest practices.

(06:41):
So that's why you know it's enforced in Chicago. It
has the most bearing on what's going on in Chicago
right now, but also does implicate national policy and could
act as some sort of a constraint. Again, we've seen
though the way that some of these First of all,
some of these decisions end up getting overturned on appeal
or the initial temporary restraining order, those sorts of things

(07:02):
get rolled back on appeal. Second of all, you know,
we've seen the way that this government has found sneaky
ways to avoid complying with these sorts of decisions. So
we'll see if it changes their behavior. But it's the
most significant lawsuit to date that could constrain the way
that they operate, where they just roll into an apartment

(07:23):
building for example, with black Cock military helicopters and pull
everybody up, or go to a park and see a
family that's there, that's one of the instances that was
involved in this case as well, and just decide to
arrest the mom, dad, and five year old daughter.

Speaker 4 (07:37):
Who happened to be there.

Speaker 2 (07:38):
So they wouldn't be able to do that without being
able to show not only do we think you're undocumented,
but we think you're a flight risk before this could
be adjudicated.

Speaker 3 (07:47):
Okay, yeah, I'm curious to see how it goes on appeal.
Just again, I don't quite understand. Are you saying or
based on your research, do you think it could go
federal like it would apply everywhere?

Speaker 2 (07:59):
Yeah, I think it could. I mean the standards should
apply everywhere.

Speaker 4 (08:02):
What they're the.

Speaker 2 (08:03):
Standards I just laid out are the you know, the
national law with regard to Chicago. I think they had
some additional reporting requirements and additional burdens to you know,
ensure that they were complying with what the law is.

Speaker 4 (08:17):
Is basically my understanding.

Speaker 3 (08:18):
I still am just unclear because I don't really understand how.
I don't understand how you can how it can be
practiced in one place from.

Speaker 1 (08:26):
The Supreme Court and then not in Chicago. I apologize.
It's just so confusing there.

Speaker 2 (08:31):
The overlap is confusing. So in Chicago, even in the
face of this decision, they can still do the Kavanaugh stops. Yes,
it's the question is not about that. It's about when
you take it to the next step and you actually
arrest and detain someone. And again, this is this is
law that applies across the land. In Chicago, I think

(08:52):
because of the consent decree, they had some sort of
additional tools to be able to get this particular decision,
but it should apply more broadly. And even in the
consent decree, yes, they had some specific Chicago steps, but
it also implicated nationwide ice policy changes to make sure
that immigrants rights were being preserved.

Speaker 4 (09:10):
That's my understanding.

Speaker 1 (09:12):
Everyone.

Speaker 3 (09:12):
I know it's tedious, but I think, as you said,
we did the research because you said it was the
most significant one to date. So we'll continue to track it.
Should we update everyone on Meal Team six?

Speaker 7 (09:21):
Oh?

Speaker 1 (09:22):
I had no, No, this is yours?

Speaker 2 (09:24):
Yeah, all right, Well you made I did did make
a TikTok. I was inspired to do my most tiktoki
TikTok yet about this particular development. So Texas National Guard
has now been deployed into Chicago, which is very scary
that you have now red state soldiers being deployed in
blue state. Seems to be courting dangerous escalation, et cetera.

(09:47):
Are However, it's a little bit hard to take the
fascist threat seriously when this is what the fascist threat
looks like. Let's put this up on the screen. Many
many comments were made. They're being called Meal Team six,
being called the Gravy Seals. I've heard people say that
they're arriving for Operation Dessert Storm, among among other discussions

(10:09):
of maybe you need to make sure to protect that
deep dished pizza in Chicago.

Speaker 1 (10:14):
That those dipped subs whatever those are.

Speaker 2 (10:17):
For those who are just listening, there's some big boys here,
in particular the two gentlemen in the front. But they're
all pretty, they're they're hefty, typical American.

Speaker 1 (10:26):
Oh yes, yeah, yeah, you're right.

Speaker 4 (10:28):
Sex in particular, some big boys down there.

Speaker 2 (10:32):
Yeah.

Speaker 3 (10:33):
I mean this kind of gets to our discussion, uh
in the last show, and I was like, look, I
get it. I know, you know, we can rhetorically say
a lot of things. We are talking about two hundred
National guardsmen. I'm not saying it's not extraordinary to play.
And also when the image is something like this comes
out or it recalls the military parade where people can't
even march out of step, so let's also.

Speaker 1 (10:52):
Live a little bit.

Speaker 4 (10:53):
Well, that's the thing.

Speaker 2 (10:54):
Even our fascism is so embarrassing at this point.

Speaker 4 (10:57):
This is to my point, this is what it looks like.

Speaker 3 (11:01):
This is just like there's a difference, right, you can
say something is fascistic or something like that as opposed
to quote fascism, but whatever. My only general point around
this is let's all, you know, be a little clear
about what's actually happening with the deployment of the Texas
National Guardsmen. It is also pretty ironic in the wake
of mister Hegseeth Pete Hegseth's secretary lecturing the generals, which

(11:24):
I think is fine about being fat, but it's like, guys,
you know, then at the same time, you can't be
talking about what do they say, are elite National Guardsmen
and then this is what the pot Yeah it's elite.

Speaker 4 (11:34):
It's a good yeah, there is not a Greg Abbott.

Speaker 2 (11:36):
But out at Texas governor is saying like our elite
Texas National guardsmen on the ground at any moment.

Speaker 3 (11:43):
I will say, look, it is very representative of the
Trump coalition of the state of Texas as well. Is
you know, is a lot of lower income statistically most
likely to be morbidly obase and Hispanics.

Speaker 1 (11:54):
So that is the new coalition here.

Speaker 3 (11:56):
It reminds me of some of the Spider Man memes
that came out of Los Angeles, where it was like
some guy named Ramirez who was the National guardsman pointing
at the cop named Ramirez pointing at the illegal also
named Ramirez, and the three of them are are like yes,
So that is America in a certain sense.

Speaker 2 (12:11):
Well, I will make the point that Ken Klippenstein has
been making, which is, look, I think that when you
are normalizing military on our streets, I think that's a
scary thing, and especially when you are taking red states
and you know, invading blue states, and this is you
are playing with fire here. I will also say the
National Guard has been and is legally limited in what

(12:34):
they are able to.

Speaker 1 (12:35):
Do, so, especially under the current deployment.

Speaker 2 (12:37):
POSSI Coommatatus Act does apply as long as this is.
You know, so far we haven't had the Insurrection Act
you know, implemented or whatever by Trump, so you don't
have under that the laws and what they could do
would be different.

Speaker 4 (12:52):
So that's worth keeping in mind as well.

Speaker 2 (12:54):
But they are someone limit, which is why you know
here in DC there's a lot of them like standing around.

Speaker 3 (12:59):
I don't see them anymore. I haven't seen you. I
haven't seen nearly as many anymore.

Speaker 1 (13:02):
Yeah, they're all just.

Speaker 2 (13:03):
Down by the National. They're just like chilling by the National.
And they did a lot of like trash pick up.

Speaker 3 (13:08):
I know, I feel bad for them because a lot
of them they left work, you know, they got called out.

Speaker 4 (13:12):
I mean, this is a fair thing.

Speaker 3 (13:13):
It's twelve hours a day have to do with an
idiot tourists and almost very.

Speaker 2 (13:17):
Little sympathy for the Texas big boys that we just
showed you because usually my understanding is that they will
for a mission like this, they'll ask people to volunteer,
so like, these dudes probably signed up to do this,
so I've known.

Speaker 3 (13:29):
Yeah, but they may money, right, because is he.

Speaker 2 (13:33):
Still is still a choice, You're still you're still making
a choice here. But you know, for like you the
guys that they're calling up in California, they're part of
the California National Guard. Yeah, you're taking these are people
who have this is a part time gig, supposed to
be on the weekends. They're being taken away from whatever
their normal life is and their family and their normal job,
et cetera, to be sent in to do what stand

(13:54):
around and you know, assist ice, which is part of
what they're doing. And then like not a lot, just
sort of like a show of a theatrical show. And
the the entities that you need to worry about more
that have done more of the you know, extraordinary illegal
and aggressive tactics are ice in the federal you know,
FBI and federal agencies that have been involved. Yesterday I

(14:16):
broke down the case of this woman who was shot
five times that.

Speaker 4 (14:19):
Was by I believe CBP. You know, the Blackhawk.

Speaker 2 (14:23):
Helicopters coming in the apartment buildings of tying kids, like
all of those sorts of things. That is where more
of the action is going to be. At least now
in the pre Insurrection Act phase, we should say Trump
has floated potentially implementing the Insurrection Act as well, which
again would expand what the National Guard is able to
do in these various places. There was a big round table,

(14:48):
big Antifa roundtable yesterday where many interesting things were saying,
including Trump saying that he is you know that they
were ending free speech. So let's go ahead and take
a listen to some of what was said at that event.

Speaker 5 (15:03):
Finding crime is more than just getting the bad guy
off the streets. It's breaking down the organization brick by brick,
just like we did with cartels, We're going to take
the same approach President Trump with Antifa, destroy the entire
organization from top.

Speaker 1 (15:23):
To bottom, the flag burning mob.

Speaker 6 (15:25):
And we've made it one year penalty for inciting riots.
We took the freedom of speech away because it's been
through the courts and the court said you have freedom
of speech.

Speaker 7 (15:38):
One of the individuals we arrested recently in Portland was
the girlfriend of one of the founders of Antifa, and
that we are hoping that as we go after her,
interview her, and prosecute her, we will get more and
more information about the network and how we can root
them out and eliminate them from the existence of American society.

Speaker 2 (15:57):
So I think that was a perfect mashup Sager to
show the tension between the clownishness and the threat of
the Trump administration. You start with Pambondi saying that we're
going to treat Antifa like the cartels.

Speaker 4 (16:09):
What are they doing to the cartels? Right now?

Speaker 2 (16:11):
They're randomly blowing up boats that they claim are drug traffickers.
By the way, the President of Columbia just came out
and said, hey, one of those boats you blew up,
that wasn't even Venezuela's.

Speaker 4 (16:20):
That was Colombian nationals.

Speaker 2 (16:22):
So in any case, you know that that combined with
reporting from Keen about the National Security Memo about the
way that they are targeting anyone who is left of
center at all as political opposition. There was mention made
in this meeting as well as DSA Democratic Socialists in America.
This is like, you know, Zora and a bunch of
tens of thousands of people nationwide are members of the

(16:42):
DSA that they are deeply linked to Antifa, So painting
them like this is some sort of a terror network,
et cetera. Very dangerous stuff and backed by federal government
that can and has already acted on some of this
and then you have you know, at the end there
Christinoum talking about how they arrested one of the girl,
the girlfriend of one of the founders of Antifa, which

(17:04):
is just like not even a thing, completely buffoonish stuff.
And in the middle you've got Trump saying quote unquote,
we took the freedom of speech away. So you kind
of got it all in that little mashup.

Speaker 1 (17:15):
Yeah, that's Look, I think that's generally well said.

Speaker 8 (17:19):
It is.

Speaker 1 (17:19):
It's big clowning, as I might.

Speaker 3 (17:21):
Famously often say here on the show, and that is
part of what I always wish to contextualize it. And
I don't look if I don't blame a lot of
people for freaking out, like if the president says I'm
going to target you, yeah, you should be worried.

Speaker 1 (17:34):
Like at the end of the day, the government they
can make your life out.

Speaker 3 (17:36):
And they have made some people's life help in general,
though there's no Antifa or whatever or any of that
that has been extraordinary or some deployment so far of
some NSPM seven which Ken has talked about. From what
I know, there is no quote founder of Antifa. I
welcome their release of any information on that and for
proof that it is some organized terror network or whatever.

(17:57):
But this just gets back to all of the endlesscussion
post Charlie Kirk. Antifa, at least from my observation, doesn't
seem to be some top down organized force. It's mostly
like gaming liberals or whatever. On Telegram or WhatsApp, We're like, hey,
we're all going to come out and you know, throw
some shit on Thursday. I don't really know how organized

(18:18):
that is per se. I guess there's some level of organization,
but it's not I guess, you know, some al Qaeda
type cell that they're necessarily describing. I mean, look, if
you are organizing genuine violence, that actually is a crime.
But that's a little bit different than the way that
they're talking about it here.

Speaker 1 (18:34):
Look, they're posturing and trying.

Speaker 3 (18:37):
There is so much demand from a lot of the
right wing after the Charlie Kirk assassination to say we
need to treat this like an organized attempt. There is
yet to be any evidence that that is the case,
at least for Tyler Robinson. By the way, it's been
almost what three weeks, we have gotten zero up there
of Tyler Robinson.

Speaker 1 (18:57):
Yeah, exactly.

Speaker 3 (18:57):
They really should come out and release some more information
on that, and if there was an organization's totally legitimate
to say, but that's largely what they are responding to
with this round table. I guess of Antifa experts.

Speaker 2 (19:10):
Should we should we show everybody the army of Antifa
that christinoam was was facing down in Chicago. Put C
five up on the screen. So influencer Bennie Johnson went
and said, Christinomes stares down an army of Antifa and
a guy in a chicken suit from the rooftop of
the ice facility here, that's the.

Speaker 4 (19:29):
Army of Antifa.

Speaker 2 (19:30):
Mostly if you look closely, I think there are more
people like journalists with cameras than there are.

Speaker 4 (19:36):
I can't tell that's actually protests.

Speaker 2 (19:37):
There's like a handful of people there and a guy
in a chicken suit. That's who they're calling an army
of Antifa. By the way, news just came out that
prior to Trump's attempt to federalize the National Guard and
send them into Portland, a federal report came out like
within the Trump administration calling the Portland anti ice tests

(20:00):
outside of that building quote unquote low energy. So even
their own internal documents that that there's not a lot
going on here, which is why the federal district judge
appointed by Trump in Portland said, you do not have
justification here to send in the National Guard. So that's
worth having that context, given everything that they're doing and

(20:21):
justifying by you know, these army of Antifa rhetoric and
war ravaged Portland, et cetera. This was also something we've
been tracking. See six up on the screen. So this
couple had been arrested in Chicago, as you know, assaulting
law enforcement there, and this couple had been held up,
you know, in a lot of instances by the government,

(20:42):
as you know, examples of the type of violence that
law enforcement is facing from protesters and activists on the ground.
You now have a grand jury that declined to indict
both of those Chicago area ice protesters, reminiscent of the
situation here with the sandwich guy through a sandwich at
I don't know COB or FBI or somebody who was

(21:03):
here in DC. And grand jury also said no, we're
not gonna not going to indict this guy. This is
extraordinarily unusual. Usually prosecutors they always get their indictments. And
I've forgotten the numbers, but Washington posted an analysis and
it's the tiniest proposal.

Speaker 1 (21:19):
Yeah, we remember there's the famous thing.

Speaker 4 (21:21):
You can get it at Grand Dieta and Dieaham said.

Speaker 3 (21:24):
Risley Sandwich guy was not in diet I have some
of the details kind of interesting and says that Collins
and Robdella were in a crowd of protesters September twenty
seventh at a facility in Broadview, Illinois. In an affidavit,
authorities alleged that he had quote pushed back agents who
were trying to push back the crowd, and agents detained
her after seeing a gun in her waist. Collins, who
saw the struggle, charged forward, yelling an ages to get
away from his wife, and the thumb of an agent

(21:45):
was injured in the scuffle, according to the affidavit. They
said in an interview that she was coming to his
partner's aid after agents grabbed her and threw her against
the wall. Both defendants were legally carrying guns but did
not use or brandish them, and they said it was
notable that the grand jury likely had members on both
size of the political avide and still decided not to indict.
So yeah, that's just the circumstance here. I guess the
gun being one.

Speaker 1 (22:07):
Yeah, well, hey, hey t A. You know it's good
for the you're alacked, good for our two. A community
in Chicago.

Speaker 2 (22:13):
Is obviously liberal, it's not as liberal as DC. So
to have a grand jury, chicagoy grand jury's melt. We're
not going to invite an indict these two individuals definitely significant.
People have also been taking a look at this. Let's
put se seven up on the screen. This images of
a pastor who's just standing there doing really nothing and

(22:35):
gets shot in the head with this, I guess, like
a pepper ball. You can see the white smoke come
up and then he drops to the ground. I don't
know if this is the same guy or a different
religious figure who's getting sprayed in the face with pepper spray.

Speaker 4 (22:48):
Another image that went viral.

Speaker 2 (22:50):
Tricia McLaughlin, DHS spokesperson, addressed that video that we showed
you first. You can put this up on the screen.
She says that footage is from almost a month ago.
It just went by now, but apparently happened a month ago.
What this clip video doesn't show is that these agitators
were blocking ice vehicle from leaving the Federal facility impeding
operations over and over again.

Speaker 4 (23:08):
Law enforcement ordered these.

Speaker 2 (23:09):
Agitators to move up federal property so the vehicle could move.
Law enforcement verbally warned them they would use force if
they did not move and stop impeding operations.

Speaker 4 (23:18):
They did not comply.

Speaker 2 (23:18):
Shortly after, rioters began throwing rocks, bottles, and latching fireworks
at the law enforcement officers on the roof. So TLDR
is not denying that it happened. There is a longer
version of the video that I've seen does not appear
that this pastor was He was actually standing in a
parking space, so he wasn't blocking anyone from entering or exiting.

Speaker 4 (23:38):
The ice facility.

Speaker 2 (23:39):
But there's a separate lawsuit going on concerning their use
their sort of like indiscriminate use of these you know,
pepper balls and pepper spray on crowds. CPDA Chicago Police
Department was accidentally pepper spray. You had an elementary school
that had to stay inside because of pepper spray, you know,
sort of indiscriminately just deployed in the neighborhood. So this
is coming quite a contentious piece as well.

Speaker 1 (24:01):
It's a bad image.

Speaker 3 (24:02):
I mean, there's you know, anytime you start to pepper
Sprain priests or it's not pretty sorry pastors, or.

Speaker 1 (24:08):
Any of that doesn't look good. Not going to deny
it whatsoever.

Speaker 3 (24:11):
It's one of those which is the more that the
left gets their civil rights analogies, the more it's going
to be able to take off. And this is part
of the reason why there's a lot of people who
don't want on the right, who want to criticize some
of the way that Ice behaves. But I keep bringing
it back to the fact that people who voted in
twenty twenty four wanted law and order, specifically order specifically

(24:35):
the border, and when deportation the envisionment of quote mass
deportation was not necessarily one of which we are viewing
right now. This is Trumpian and unique in a sense
that genuinely is divorced from a lot of people's conceptions.
You could say they should have known, etc. Actually I
really don't agree with that, actually at all, because if

(24:55):
you look specifically, not only the rhetoric around criminals, illegals,
et cetera, even around the idea of deportation itself, it
is one thing to say that it should happen in
a serious and well ordered fashion. And then it's another
kind of in this content brain area that we have
arrived at today. And I think that's the part where
a lot of people rightfully will look at that and

(25:16):
be like, look, I can agree intellectually, emotionally, morally with
the idea of mass deportation, which I do, especially for
people who arrived here illegally. I also do think there
is something very grotesque about like turning it into content,
as in what they did with the von clip. They
have this one as well, c ten can we show everybody?

(25:38):
For example, So here you have a video right where
you got Ice chasing some guys into a storefront. But
what's noteworthy is the guy in the background with a
full mounted you know what is that like? That's like
a DSLR camera right like this literally looks like almost
like a rig of a Twitch streamer or something.

Speaker 1 (25:58):
Who is accompanying them? Now listen.

Speaker 3 (26:00):
I am very supportive of bodycam footage and all that.
I think it's very important, you know, to keep cops accountable.
And I'm assuming some of this will be available to
FOIA eventually, at least sometime in the future, so it's
not a bad thing for them. To be documenting what
they are doing, but considering the social media strategy that
is now currently happening, I don't know. I mean, I
don't think it is working in their favor. Look, I

(26:22):
could be wrong, And this is why I hear you're
a squish, you're an idiot, You're you know, you're not
doing you don't understand you know, what it takes and
all that.

Speaker 1 (26:28):
I said.

Speaker 3 (26:28):
Maybe maybe I'm not the person who won the election
or anything like that, but I don't necessarily think that
even people who agree with genuine Look, I mean there's quandaries,
right Like you can you can accept the fact that
people who came here illegally are going to be deported
and you can be okay with that. There is just
to me another thing about filming it and turning it

(26:51):
into like video game style content or weren't remember the
memes that like the studio ghibli memes and.

Speaker 1 (26:57):
Others that they were using from trade.

Speaker 3 (26:58):
I go, okay, I just think that's I just think
that's a little bit gross in my opinion personally.

Speaker 1 (27:03):
Yeah, that's just me.

Speaker 9 (27:04):
That's It's like, is that really you know, it's just weird,
Like it's one of those where do we revel do
we enjoy doing this?

Speaker 1 (27:14):
Because the way it was sold, it's like, look, it's
a tragedy. This is one that the left created.

Speaker 3 (27:18):
I think that's correct, and yet you know, to seriously
address it.

Speaker 1 (27:23):
We'll take this, this and this.

Speaker 3 (27:24):
That doesn't deny that you have journalists or others people
are going to be filming this, But it just seems
to me very different to have you filming it yourself
turning it into me Like the Theovon thing to me
is just like so insane, Like they used his likeness
and image in a DHS video where what did he
say exactly? He was like by or something. He didn't
even know what he was saying. Somebody thrust a camera
or whatever into his face. They turned it into something

(27:45):
from the official Department of Homeland Security account and then
in his response he was like, yo, you guys just
using this. He's like, somebody could come and kill me.
He was like, I don't even know the ring password
to my camera or something. Yeah, he had never considered that, right.
I really that's where just.

Speaker 2 (28:02):
Going about strategically, like if you accept and I do
accept that these guys, the Theophons, et cetera, were an
important part, not determinative, but important part of why they won,
and then have a tone death to go out of
your way to like piss this person off, you know.
And I feel like as a human you would then

(28:22):
be sort of like incentivized to distance yourself, like I
have nothing to do, but like, this is not you know,
this is not something I support.

Speaker 4 (28:30):
I think his dad.

Speaker 2 (28:31):
Immigrated from Nicaragua, as somebody's very proud of, you know,
and so he's I don't want to be associated with this,
And so it is giving a little bit of like
the IDF soldiers filming their war crimes, because the reason
they did that was not it was because there was
a domestic audience for it, Like inside of Israel, these
guys were getting priced and getting support for, you know,

(28:53):
these these horrors that they're putting out there. And you know,
now I was seeing some stat soger that Twitter, which
used to be dominated by Democrats, now dominated by Republicans.

Speaker 4 (29:02):
Not that would be any surprise, but I.

Speaker 2 (29:04):
Do think that some of this is a result of
being inside of this media bubble where you think that
this you know, base this like based ritual or the
vice signaling or whatever, that this lands with the general
population in a way that it really doesn't. So you've
got that dynamic, The dynamic you were touching on before too,
I think is a really important one, which you are
absolutely right. People want things to feel safe, calm, orderly,

(29:28):
like they do want that law and order, since there's
no doubt about it. And so what the Trump administration
is flirting with here, if not has already crossed the threshold,
is to make it appear very much like they are
the chaos agents, like they are the ones bringing tumult
into your communities. If you look at you, if you
look at Chicago, if you like, I think in Portland's,
it's even more clear. Crime rate was way down, these

(29:49):
protests had really died out. There were you know, maybe
a dozen or so people who were routinely outside of
the ice facility, et cetera.

Speaker 4 (29:56):
Now you have all of.

Speaker 2 (29:57):
This tumult after the Trump administration comes in and tries
to sort of like stoke the flames. So when you
combine that with also the increasing understanding that these actions
are not just impacting undocumented immigrants, they're impacting American citizens
as well, whose rights are being directly violated, you start
to get on the wrong side of a political equation.

Speaker 4 (30:20):
As I told you.

Speaker 2 (30:21):
Before, my fears that they don't really care. You feel
like they just have miscalculated here either I acknowledge as
completely possible. But you know, I don't think that these
what do I know? But I don't think that most people,
even people who are in favor of a larger scale
deportation than I am, are enjoying the images of like
little kids zip tied.

Speaker 1 (30:41):
I have no idea.

Speaker 3 (30:41):
Okay, I have no idea, and I can't speak to
everybody's motivation, only you know, general political analysis. To the
law and order point, this is one which is very
important and we kind of thought about one of the
reasons why I don't think there was as much backlash
on LA as you had guys in the Mexican flags
on top of burning cars and guess what, that's going
to go viral everywhere in terms of Portland or Chicago,
have not yet seen that type of imagery or large

(31:04):
scale blocking a highway in major response, similar to the
anti for the BLM protests of twenty seventeen all the
way through twenty twenty, which Portland in particular was like
an epicenter for quite a bit of that. Yeah, And also,
I mean one of the things I personally have had
to grapple with is that people who live in some
of these cities just accept a shitload more crime than
I ever would. I will never understand it. I don't

(31:26):
know why it's cool to have fentanyl leaning people everywhere,
but that seems to be the acceptance that a lot
of them want, and they would rather have that than
somebody actually do anything about it or feel virtuous.

Speaker 1 (31:37):
I guess, you know, it's your city.

Speaker 3 (31:39):
You can do what you want, but that is another
kind of locality where you're rubbing up against like here
in DC. I mean, I think the crime was out
of control. I think it was absolutely out of control.
Some new statistics just came out actually showing that the
cops were cooking the books. It's not a secret. I've
lived here for over ten years. It's shittle compared to
how it.

Speaker 1 (31:56):
Used to be.

Speaker 3 (31:57):
But residents or broadly seemed okay with it. I was like, okay,
I don't know. That's why I left. I was like,
you know, at a certain point, you'd rather have a
Black trans Laves Matter flag than you would do anything
about crime. That's your decision and to allow murder. I'm
just gonna leave and allow exit. But that is another
thing I've been grappling with as well, is there is
something perverse at the same time, and we have to

(32:18):
be guilty of this.

Speaker 1 (32:19):
Right as we're commenting on Portland, I don't live in Portland. Right.

Speaker 3 (32:21):
In a certain sense, I believe in supremacy. I believe
in having to guarantee people's rights. I also, though acknowledged,
the city of Portland is massively liberal. They literally legalized
drugs there. I mean, they finally admitted their mistake in
the state of Oregon. But I visited Portland at the
height of it, like I think twenty twenty two.

Speaker 1 (32:42):
It was insane.

Speaker 4 (32:43):
It's alain hippyish city.

Speaker 3 (32:46):
Yeah no, but I'm talking about crime, lark like at night,
literal like rogue ventanyl addicts, like running around trying to
check into a hotel. You have to get buzzed into
the hotel, like you cannot get in. I'm the dock
in the middle of downtown. People there just didn't seemed
to care. I was like, Wow, I could never live
this way.

Speaker 4 (33:03):
I think.

Speaker 2 (33:04):
I mean, we should also say that this National Guard
attempting to have National Guard deployment in Portland and the
increased presence of federal agents and whatever. Like Trump is
not saying this is about crime. He's saying, this is
about protecting federal officer or protecting this ice.

Speaker 4 (33:21):
Building, et cetera.

Speaker 1 (33:23):
Well, it depends on the day.

Speaker 2 (33:24):
But that's been the primary justification that he's been and
that is completely and totally fabricated, like by their own admission,
their own internal report said that the protests outside the
ice facility were low energy before they decided to show
up and put snipers on the roof and all of
this nonsense.

Speaker 4 (33:41):
So I don't like to, you know, we should validate
their narrative.

Speaker 2 (33:46):
About what's going on, because their narrative is completely and
utterly you know.

Speaker 1 (33:50):
It's not nice.

Speaker 3 (33:51):
Like listen, I love Portland as a place. It's cool
as amazing, whether in the summer, it is genuinely beautiful.
But they do just again, I don't get it, Seattle, Vancouver,
any of these like Pacific Northwest places, they just accept
like a level of drug use in public, which I
think is crazy. I have no idea why people put
up with it or any of that. And then of course,

(34:12):
what the Trump administration, even the federal government wants is
people like me or others who don't live there, who
are like, I can't believe this right, and then that
kind of interacts with the National Guard, point etc. I
do think that there is something weird about it, like
in general, where we pass judgment, and I do certainly.
I just said it about Portland, about San Francisco, about
Los Angeles. I think all are crazy here in DC, Chicago,

(34:34):
all these other folks.

Speaker 1 (34:35):
I don't know.

Speaker 3 (34:36):
I would not personally live there given the choice, But
at the same time, there is something weird, which I
do acknowledge, because I'm sure that they look at our life,
say wherever we live, and they're like, well, I wouldn't
want to live there either, And it's like, well, I
don't necessarily want them to pose their will on me too.
I don't want them to have to come in to
the extent that I have a lot of let's say pushback.
Is when I see that type of BS mentality start

(34:59):
to bl eat into let's say the suburbs, that's where
I'm like, okay, it's time to riot. So I do
get it from their perspective, and I want to validate
their feelings like, yes, you do also get to kind
of live the way that you want to, like if
you want to live in a city with a shitload
of crime and fentanyl. And I mean, Okay, I don't
know what to say. I guess it's I guess it's
your choice. It's just one that you it's it's a
permissiveness and a value structure which you've created all for yourselves.

Speaker 1 (35:22):
I think you, I guess you deserve it. I don't
know what else to say.

Speaker 2 (35:25):
I mean, I think there, I think you would understand
some of it in the context of the conversations we've
had about safetyism, like where there's you know, I think
we're seeing right now in real time with these extraordinary
federal government actions in Chicago and Portland other places, that
there's a trade off on the other side totally of that.

(35:45):
You know, So there are it's you know, you have
this sense of fear, this sense of surveillance, this you know,
this lawless is coming from the federal government, and sense
of chaos being stoked by them when you do have
those sorts of crackdowns. So I think, you know, in
real time, we're seeing what those trade offs kind of
look like.

Speaker 1 (36:05):
I think again.

Speaker 3 (36:05):
I think it's totally fair. People get to, at the
end of the day, get side for themselves. Like here
in DC. It was very clear to me. I was like,
these people do not care how I do about crime.
I'm the problem. I guess you know, I don't. I
don't necessarily have the right to just say the city
should be the way I am. So sometimes you just
got to do the responsible thing and leave. But if
you want to stay and that's the way that you
want to live, I also have believe in the American

(36:28):
value of like, well maybe you should be able to
live that way, right, Like, if that's how you want
it to be, so be it. And people citizens can
make up their rights their minds for themselves. Turning now
to the Pacific Palisades fire, so obviously devastating fire that.

Speaker 1 (36:43):
Happened in January. We covered quite a bit of it here.

Speaker 3 (36:46):
It was horrible, people lost their lives, just billions of
dollars in property damage, and so much just about FEMA
and just the general response to that.

Speaker 1 (36:53):
And whether people would be able to rebuild.

Speaker 3 (36:55):
We are now learning the Department of Justice is alleging
that it was actually an intentional act of arson. And
one that was deeply planned using apparently chat GPT style images,
with some evidence that they were able to show you
of an Uber driver who allegedly took part in this.

Speaker 1 (37:12):
Let's take a listen to what they say.

Speaker 10 (37:13):
The Palisades Fire, reported on January seventh, was caused by
an intentionally set fire near a viewpoint along the Tamescal
Ridge Trail in Topegna State Park on January first. The
fire was a holdover fire, meaning it was deeply seated
in dense vegetation and roots and continued to burn undetected

(37:35):
until catastrophic weather ensued, resulting in the Palisades Fire.

Speaker 3 (37:40):
So this is including the images. Let's put this up here,
guys on the screen. This is from the acting US Attorney.
He says, today we are announcing the arrest of twenty
nine year old Jonathan Rindernacked on a criminal complaint charging
him with maliciously starting what became the Palisades Fire in January.
The complaint alleges that Render Connect started a fire in
the Pacific Policies on New Year's Day, a blaze that

(38:00):
eventually turned in one of the most destructive fires in
Los Angeles history, causing death and widespread destruction. Among the
evidence that was collected from his digital devices was an
image that he generated on chatchpt depicting a burning city.
While he cannot undo the damage and destruction that was done,
we hope his arrest and the charges against him bring
some measure of justice to the victims of this horrible tragedy.

(38:22):
His initial appearance is scheduled in the US District Court
in Orlando, where apparently he was. So some of the
details D three police that we can put and share
with all of you. Like I said, is working as
an uber driver and was quote obsessed with images of
fire is how they characterize it. And so I guess

(38:42):
this is like a thing. They call them firebugs, Yeah, pyromaniacs.
They say he's accused them maliciously spark in the brush
fire January first. The fire was then knocked down by
the LA Fire Department, but obviously continued to smolder before
high winds and rekindled it. They said it left twelve
people dead, seven thou and Holmes one hundred and fifty
billion dollars in property damage. They say he lived in

(39:06):
the area at some point quote allegedly ignited the flames
near a popular hiking trail at about midnight time on
New Year's Day, just moments after dropping Uber passengers off nearby.
They later said that he quote appeared agitated and angry
after arriving at the hiking trail. He allegedly filmed the
scene on his phone and listened to a rap song

(39:28):
by a French artist whose music video features him setting
a series of fires. The Google record showed that he
was born in France, apparently had listened to that song
multiple times in the music video four times leading up
to the day of the fire, and had translated the
lyrics from that song that something says like daily life
is killing me.

Speaker 1 (39:48):
I feel like I'm nowhere. There's too much bitterness in
my head.

Speaker 3 (39:50):
I think about the mistakes that we made, and they
say at another point in the music video, it actually
shows a burning barrel outside of a housing project that
eventually becomes a huge inferno. They say he watched his
fire burn for a minute before fleeing down the trail,
where he made a three minute video recording of himself
attempting to call nine to one one to report the blaze.

(40:12):
As he was on the phone to dispatchers, he typed,
are you at fault if a fire is lit because
of your cigarettes into chat GPT, which was also featured
apparently in the screen recording that he was trying to
make there, so creating an alibi, I think where he
was like, I'm calling nine one one and am I
at fault for it because it was a cigarette? Like
trying to play it off as a cigarette. We're not

(40:33):
exactly sure. He then said, they drove away from the scene,
turned around to follow the responding fire trucks back to
the scene, where he watched and recorded videos as the
crew battled the inferno. And eventually all of this comes
to light now after I guess prosecutors were able to
zero in with the uber message with the nine to

(40:53):
one to one w records the arson investigation, I mean
it's totally crazy. I mean, killed so many people, caused
so much DAMA And yeah, I genuinely was not aware
that this was a thing, that there are just freaks
out there who liked set fires, like creating yesterday.

Speaker 1 (41:08):
I'd never even heard of it.

Speaker 2 (41:09):
So most arson is not set by pyramaniacs. It's like
people who are you know, looking for insurance funds or
for revenge or whatever. But this certainly bears the hallmark
of someone who's like obsessed with fire. And there's even
people who get like sexual gratification from fire watching fire,
and like, I don't know if he is one of
those people, but it certainly bears the hallmarks of someone

(41:32):
who has like a twisted obsession with fire. Listening to
this video of this music video, watching it over and over,
he was watching other videos about fires, even him like
recording himself with the fire in the you know, in
the background, and generating these images on chat, GPT, et cetera.
And we also should say, I mean based listen, I'm

(41:53):
reading a lot into like the lyrics of the song
that talk about almost yeah, this is always et cetera.
But you know, it could be kind of like have
some similarities to some of the nihilist killings that we've
talked about. And people did get killed here, by the way,
twelve people were dead as a result of these blazes
and thousands of homes destroyed. California was I don't know

(42:14):
if you guys remember, like it was horrible. California was
a tinderbox and it wasn't it was. This fire was
the largest one. There were others burning as well, you
had the Santa Anna winds that were extraordinary eighty miles
per hour that made this thing spread just so rapidly
and like crazy, absolutely sick and horrific thing to have done.

(42:36):
And it really was kind of like a perfect so
the vegetation was very dry. Well, I mean, it was
just like a perfect storm for this to end up
being one of the worst and deadliest blazes in California history.

Speaker 1 (42:47):
Yeah, that's right, it was really awful.

Speaker 3 (42:48):
We just wanted to make sure we gave everybody an
update just because I mean, there's nothing really political, I
guess to say about it.

Speaker 1 (42:54):
We don't know very much exactly.

Speaker 2 (42:56):
Everybody immediately Randa, what's the social media and who's the post?

Speaker 1 (43:00):
Says he was a Biden so he gave he.

Speaker 4 (43:01):
Gave two dollars to Joe Biden. Yeah, he gave two
dollars one dollar and then another one dollar on another day.

Speaker 3 (43:08):
Well, for full transparency to the audience, I have a
parlay bet with our producer Mac on whether this gentleman
and Mark Sanchez both had marijuana involved.

Speaker 1 (43:18):
In the case.

Speaker 3 (43:18):
So looking forward to the toxicology report on both of
those cases, and he does owe me fifty bucks if
it does come to pass.

Speaker 1 (43:25):
So we'll see how that's putting him up.

Speaker 4 (43:26):
I ever know that.

Speaker 3 (43:28):
What do you mean they'll come out in the criminal
he said, cigarettes there right, you think it's a real
cigarette or marijuana cigarette.

Speaker 1 (43:32):
I'm just just wait. We'll wait and see.

Speaker 3 (43:35):
I'll let you be the I will let you be
the person who looks and can validate the debt or
the debt.

Speaker 1 (43:40):
I'll be the Joe.

Speaker 3 (43:41):
And for Mark Sanchez, we're calling for a full release
of the toxicology report. Yeah, full full scale release in
order to settle this wager between two gentlemen.

Speaker 6 (43:50):
Here.

Speaker 2 (43:51):
Another thing he came back he did, which added to
the him being a suspect, was he came back to
watch Oh yeah, I.

Speaker 1 (43:58):
Read it was fight is also yeah, sometimes I just
get creeped out that people.

Speaker 4 (44:04):
Like this I know are alive, and I think it's just.

Speaker 1 (44:07):
In our society.

Speaker 4 (44:08):
Very natural response.

Speaker 3 (44:09):
Okay, let's get to gold. Turning now to gold. This
is really crazy. Let's go and put this up here
on the screen. Gold has now pushed above four thousand
dollars an ounce for the very first time. In general,
when people are fleeing to gold, things usually aren't good.
So let's just go out and look into it a
little bit. I love the lead here from the New
York Times. President Trump's decorators aren't the only ones bringing
gold back into fashion, they say, investors, money managers central

(44:33):
banks across the world have piled into gold. On Tuesday,
pushes price above four thousand dollars an ounce. The precious
metal has gained more than fifty percent this year, setting
a series of records in the process. Gold often seem
as a haven during times of turmoil, is on course
for its best year since nineteen seventy nine, after one

(44:53):
hundred percent surge during a period of high inflation, at
depreciating dollar, and a geopolitical crisis in the Middle East.
G anyone reminded me of any of those circumstances right now, it's,
you know, a little weird, they say. The recent rise
in gold is due to demand from investors looking to
shift away from US assets at a time of political
upheaval and uncertainty, highlighted right now by the government shutdown.

(45:16):
The gold rally also reflects a strong undercurrent of unease
amongst investors, even as stocks have repeatedly set records, giving
Wall Street a bullish air, So can we go and
put the next one up here, because that actually is
one of the things I wanted to highlight, is this
is about eroding faith in all international financial institutions. So
they specifically say that it is an eroding faith in

(45:37):
central banks worldwide and in general. They talk about how
on Saturday Japan got a new prime minister. On Tuesday
gold top four thousand. They say it's not a coincidence.
The surprise nominee to lead the party is a fiscal
and a monetary dove. She wants much more economic stimulus,
and thus that means that there was a big run
on gold from the Japanese. So there's a lot of

(45:57):
different energies around the world which are pushing people towards gold.
But I think America and it's general like the shutdown,
the tariffs, even the Wall Street thing that they mentioned there,
that is all part of the picture, at least for me,
because I think it's important to say the S and
P five hundred is like it's either at an all
time high or very near in our time high. We

(46:19):
talked about the AI bubble on our Tuesday show or
potential bubble, and maybe it's dot com forty percent of
a GDP spending is from AI eighty percent of gains
or all from AI stocks. So a logical investor looking
at that could either say, oh, I'm going to go
into cash or into gold because I think it's a bubble.
So if a gold is rising, that shows that even

(46:40):
though a lot of people who are buying the S
and P five hundred US equities and all that they
no longer see that as safe as a usual investment
and they're buying gold. So usually, as we said previously
from nineteen seventy nine, it's correlated with lack of faith
in the government. And then at the same time they
talked about the European central banks, about the Ukraine crisis
out Japan, there is an anti institutional financial moment across

(47:04):
the world which is pouring people generally into gold. So overall,
very fascinating sociological development.

Speaker 1 (47:11):
Yeah, for what it means.

Speaker 2 (47:12):
Well, so typically if gold is rising, everything else is falling. Right,
stock market is class and so the fact that you
have stock market at all time high and you have
gold at all time highs is why people are going
this is really really weird.

Speaker 4 (47:27):
So what's going on here?

Speaker 2 (47:29):
And a lot of what's going on is Number one,
people are very nervous about potential AI bubble, so they
want to have some sort of hedge against what happens
if my massive AI bets go belly up. And number two, normally,
in a normal environment over the post World War two era,

(47:49):
when you have investor nervousness, one of the flights to
safety is US treasuries. US treasuries, US dollars no longer
feel so safe.

Speaker 4 (47:58):
We have i mean.

Speaker 2 (47:59):
Government shut down, Trump tumult like very high debt and
deficit like all kinds you know, political case Like there's
this sense and you know with the tariffs and the
Dojing and all of this that, yeah, I don't.

Speaker 4 (48:12):
Know if the US is really.

Speaker 2 (48:13):
The place that I want to place my bets either
in terms of safety. And in fact, you know, we
had a credit downgrade, so this is like backed by
the gratings institutions whatever. So instead of the US treasuries
being the classic flight to safety, instead many are going
to precious metals and specifically gold. So those are kind
of the underlying dynamics here. And it's not just the US.

(48:36):
There's also you know, since other central banks are maybe
you know, not on as firm footing as they should be,
but a lot of it has to do with a
loss of faith in the United.

Speaker 3 (48:44):
States bingo and also with AI. So let's go and
go to the next one here. I thought this was
really interesting and fits with the gold story. Bank of
England has now warned of growing risk that the AI
bubble could burst. They say a possibility of sharp market
correction has increased. From the Bank's Financial Policy Committee, they're
warning of a sudden correction in all global markets, specifically

(49:05):
about the storing valuations of AI tech companies. Policymakers said
there are threats of quote sharp repricing of US dollar
assets if the Federal Reserve lost credibility in the eyes
of all global investors as quote Trump continues to attack
the US Central Bank and threaten its independence. Continued hype
and optimism about the potential for AI technology has led
to a rise in valuations in recent months.

Speaker 1 (49:27):
All the stuff that we have talked about.

Speaker 3 (49:28):
However, the Bank of England said the risk of a
sharp market correction is increased on a number of measures.
Equity market valuations appear stretched, particularly for technology companies focused
on artificial intelligence. This leaves equity markets particularly exposed, should
expectations about the impact of AI become less optimistic. It
says investors are not fully accounting for these potential risks,

(49:51):
warning that a sudden correction should any of them crystallize,
resulting in finance drying up for households and businesses. They say,
as an open economy with global financial center, the risk
of spillovers to the UK financial system from such global
shocks is material, so I think that's important for them.
It also shows you, as you just said, usually you
pile into gold when the market's already crashing.

Speaker 1 (50:13):
What if people are pying in a gold because.

Speaker 3 (50:14):
They expect the market to crash and there are a
lot of sophisticated investors I was just reading. Let's put
this next one please up on the screen, just to
show you all there is some financialization that is behind this.
It's not just normal investors that are doing this. It's
specifically investors worried about the future of the dollar and
other major currencies are piling into gold, bitcoin and all
other alternative assets powering on Wall Street what is known

(50:38):
as the debasement trade. Traders have snapped up gold since
your own pile signal in August they would begun cutting
interest rates. Actively traded gold futures surpass that four thousand dollars.
The gold rally is unusual because it hasn't been fueled
by financial meltdown.

Speaker 1 (50:52):
They say.

Speaker 3 (50:52):
Investors are pouring their money and specifically to do this
at the same time that President Trump is pledged to
juice the economy through tax cuts and traders they have
push stocks to records with a fervor for all things
artificial intelligence, and that some of this is a little
bit of a hedge against the S and P five
hundred from AI, and the gold camp is saying, we're
going to have structural deficits. We have fiscal pressure in

(51:13):
the US, and I need to manage that risk. So anyway,
I just want to keep everybody updated. And gold goes
this high, I don't know, it's not not usually a
good sign.

Speaker 1 (51:22):
Not usually.

Speaker 3 (51:22):
I guess it's a good sign for some of the
boomers who bought it from podcast advertising.

Speaker 1 (51:25):
Yeah, so there you go.

Speaker 3 (51:26):
Congratulations to them and all the other gold coins that
they've been advertising on Fox News for decades.

Speaker 4 (51:31):
All right, shold we get to get it's finally paying off.

Speaker 3 (51:33):
It's fine, Well, only if they sell only if they sell,
maybe you shouldn't sell, right, you.

Speaker 4 (51:37):
Know what could go higher?

Speaker 2 (51:38):
I mean I think the expectation is just going to continue.

Speaker 1 (51:40):
To close us. My quide.

Speaker 3 (51:41):
If you buy physical gold and then you sell it,
is it capital gains tax?

Speaker 1 (51:46):
Or is it like what type of income is that? Right?

Speaker 3 (51:49):
Is an investment income like when you sell a stock
that anyway? Yeah, I gotta I gotta look into this.

Speaker 4 (51:53):
From the text that means, yeah, I think that would
be capital game.

Speaker 3 (51:56):
It would, right, because it's an investment or Yeah, I
don't know.

Speaker 1 (51:59):
I need to look into that.

Speaker 2 (52:01):
I mean anything that you buy anything art wine goal right,
because house you buy and hold and then sell for
a profit, that's capital games.

Speaker 1 (52:11):
Okay, all right, I didn't know.

Speaker 4 (52:13):
I used to be a CPA. Guys. I took the
test and pass it.

Speaker 3 (52:16):
Well, we relied on our knowledge as our empire grows.
All right, Let's get to Gates.

Speaker 2 (52:23):
Former Congressman Matt Gates in an appearance on Tim Poole's podcast,
making some interesting revelations about his experience with a PAC.

Speaker 4 (52:31):
Let's take aism.

Speaker 8 (52:32):
I remember my first A pack reception, and like your
fundraiser tells you, you have to go and your chief
of staff tells you have to go. Your committee chairman,
I'll tell you have to go, and you get there
and you wear this name badge and I remember there's
a QR code on it. And what we were supposed
to do was go talk to donors and then if
they liked you, they scanned your QR code to make

(52:53):
a donation, like on the spot. And so can you
just imagine how demoralizing that is to like be toll
that your job for the next several hours to go
chat people up hoping they would scan you like a
can of tomato soup on the way out of the meeting.

Speaker 1 (53:08):
It's like, I'm literally purchasing.

Speaker 8 (53:10):
Right, And so I saw that and I was like, wow,
that is so freaking weird.

Speaker 2 (53:14):
Literally making a choice on the spot whether or not
they're going to buy this.

Speaker 4 (53:17):
Congressman. I mean, it's just like, and to be honest
with you, this.

Speaker 2 (53:22):
Is not really any different from the way that other
fundraising works. I mean, I ran for congress, right, I've
been to these events where you go and you try
to meet a network with donors who typically give in
my case, to Democratic candidates.

Speaker 4 (53:38):
You're schmoozing.

Speaker 2 (53:38):
There's a whole dance around, la, let me get your information.
That means so I can call you later and beg
you for dollars. They just cut right to the chase,
like we're just You're just gonna wear a QR code
and then if I like what you have to say,
which with regard to APAC would be Israel now, Israel forever,
you can genicide whoever you want.

Speaker 4 (53:55):
We don't care.

Speaker 2 (53:56):
We'll back you up even when it's completely unreasonable. As
long as you're willing to say those words, then they'll
scan your QR code and give you some dollars right
there on the spot.

Speaker 4 (54:04):
It got this down to a science saga.

Speaker 3 (54:06):
Well, according to a PAK, the QR code is for
security purposes only, and that it is false.

Speaker 1 (54:12):
They say. They say that.

Speaker 4 (54:13):
They have what do you mean for security purposes?

Speaker 1 (54:15):
No, in terms of listen, I'm I'm simply have.

Speaker 2 (54:18):
You already had your own personal QR code to feel secure?

Speaker 1 (54:21):
Maybe I should? Maybe I should?

Speaker 3 (54:23):
They say that they include a pack security Yes, they say.
The accusation about fundraisers is of course a live Barcodes
are on the name badges for security reasons, not fundraising.
They are scanned for that purpose. Maybe Matt Gates was
confused because he wanted people to scan his barcode and
they didn't want to talk to.

Speaker 2 (54:41):
Well, I'm glad you got there, Niland, thank you cover
our bases here.

Speaker 1 (54:44):
Yeah.

Speaker 3 (54:45):
Matt Gates's response is idka pac, I read something in
the history books that putting codes on people was really bad.

Speaker 1 (54:50):
Who Okay, wow, he went there, he went there.

Speaker 4 (54:54):
He did.

Speaker 3 (54:55):
Yeah. I mean the thing is is that it's in general,
it's like you described and this it gets to the
whole APAC conversation and everyone's like, they should register as
a foreign agent.

Speaker 1 (55:04):
And I mostly agree with that.

Speaker 3 (55:06):
But part of the problem is that in some ways
the APAC defenders are correct only in that they're like,
what are you talking about?

Speaker 1 (55:12):
It's all American.

Speaker 3 (55:13):
Citizens, and you're like, yeah, that is the issue that
we kind of have to grapple with the foreign The
foreign registration thing almost belies the point of there is
an entire connected political network, yes, of US citizens who
exist solely for the purpose or at least in this case,
to preserve the so called US Israel alliance, which is

(55:33):
tremendously impactful at the political level. I think that that
does genuinely amount to some level of foreign interference or something.
But it's a more sociological question of like, this is
so crazy about you know, the ability. You know, there's
all these billionaires people like Shape, the Adolesen family and
others who have said things in public like I wish

(55:55):
I'd served in the IDF.

Speaker 1 (55:56):
Rather than the US Army.

Speaker 3 (55:57):
And you're like, dude, like this is such an ain
thing to say, right, and to use your political influence
another that specifically on behalf of a foreign nation.

Speaker 1 (56:06):
How do we draw that line?

Speaker 3 (56:07):
Like, in my opinion, issue we should update probably the
legislation to say that if you're overtly going to push
another person's another country's agenda, even if you are a
US citizen, that is going to have to qualify in
some way as far even if it's a foreign dollar.

Speaker 4 (56:20):
Very very difficult to withdraw that lot, very difficult. I mean,
the truth of the.

Speaker 2 (56:25):
Matter is that, look, they're able to exploit our wide open,
wild west campaign finance system where you know, anyone can
be bought for any price at any time, and there's
very little limits on that. And by the way, David Start,
a flag from the Supreme Court has taken up a
case that's going to if you thought there were already
no campaign contribution limits, that could even more decimate the

(56:47):
ability to regulate big money in politics whatsoever. And so look,
the Israelis, I mean nan yang is literally like from Philadelphia.
So they understand our politics, they understand our political system,
they know where the loopholes are, they know how to
gain influence, and they have done so extremely extremely effectively.
They have over the years convinced an entire religious group

(57:08):
that they're the way for them to serve God is
by you know, allowing the Israelis to do whatever they want,
for us to send billions of dollars every year to them,
to you know, to buy weapons and subjugate an entire
different group of people. So they have wielded that influence
extraordinarily effectively. And so you know, I don't know, we'll
take APAC's word for it that it wasn't exactly as

(57:28):
Matt Gates described, but there's no doubt that they have
the most organized ability and the most persistent ability to
get not just to politicians, but to media personalities. We're
about to talk about this next story to anyone who
has influenced I told before my own story as soon
as I got hired as a host at MSNBC while
and behold, Apac wants to take me on a trip

(57:49):
to Israel.

Speaker 4 (57:49):
Did not take them up on that.

Speaker 2 (57:51):
Jabal Bowman told his story about when he's running for Congress.
They went through all sorts of channels to make sure
they could get a meeting with him, because he initially
said no, I don't want to sit down with Apak.
So they went through this well respected organization like Uplifting
Black Men in New York City that he'd been involved
with before. They use them as a conduit to be

(58:11):
able to get their meeting and get in his ear.
Very persistent, and they have lots of money to spend. Apparently,
let's put this next piece up on the screen. So
they hatched a plan to try to hire celebrities like
Chris Pratt and Steph Curry. A newly created firm. This
is a responsible state craft. By the way, they've been
doing some really good reporting and this gentleman in particular

(58:32):
at Nick Cleveland stout we'll have to get him on
the show sometime. But anyway, he writes, A newly created
firm called show Faith by Works is carrying out a
three point two million dollar outreach and digital targeting campaign
to Christian churches in the Western US on behalf of
the Israeli government. Firm's goal, as described and its filing
under Farah is to increase positive associations with the Nation

(58:52):
of Israel. They're going to carry out that campaign through
December for its work, which includes targeting churchgoers with pro
Israel ads, geo fencing major churches, meaning that they're going
to like, if they see your cell phone number in
the area of this megachurch, they're going to target you
directly using geo fencing, hiring celebrity spokespeople. That's where the

(59:14):
Steph Curries and John Voyd and Chris Pratt and Tim
Tebow and others come in and visiting churches and colleges
with a mobile trailer called the ten seven Experience on
behalf of the Government of Israeli Prime Minister Benjamin Netnaho.
This of course will come as no surprise because he
talked publicly about how, you know, one of the fronts
in the war is the what was it, the seventh Front,

(59:35):
the Eighth Front? I came the lost track was this
information war. He talked about how important the purchase of
TikTok by Zionist Allies was going to be and the
amount of censorship that they'd be able to put into
place there. Talked about Elon being an ally and being
able to, you know, shape the conversation on Twitter as well.
So they are very very intentional about what they're doing

(59:58):
with all of this.

Speaker 3 (59:59):
Yeah, is reading it is just so crazy, but it
all makes sense, right, is that it's a three point
two million dollar outreach digital marketing thing.

Speaker 1 (01:00:07):
By the way, we're talking about this, it actually was.
This is so what's crazy about Pharah.

Speaker 3 (01:00:12):
They actually have to admit this stuff in the documents,
so they're like, yeah, that was an early They contacted him.
He didn't deny that the plan was to hire or
try to hire some celebrities. Yeah, he said it was
an early planning document. He's like, but we haven't followed
through or contacted any of them just yet.

Speaker 1 (01:00:28):
But it doesn't be clear.

Speaker 2 (01:00:30):
There's no indications that any of these particular people have
received these funds.

Speaker 4 (01:00:34):
This was just like their target list of people.

Speaker 3 (01:00:36):
Yeah, they say, John, all the actors and other famous
people that you just listed. They say specifically that the
plan of initial planning document was to contact them. But nonetheless,
can we just sit with three point two million dollars
like this is so much money specifically for some geofenceitting
targeting Christian church campaign. But it also fits a lot
with the political strategy that we talked about here, which

(01:00:57):
is going after the evangelicals, the megachurch pastors who become
like the biggest pushers of the Kufi movement, the Christians
United for Israel. They lead, like Mike Huckabee, a lot
of those end time strips to Israel for a lot
of the tourism groups. I mean, remember one of the
few times that Huckabee criticized Israel was because they were
holding up the visas for a lot of those evangelical

(01:01:19):
groups who were visiting anyway. I mean, it is the
bedrock of the US Israel Alliance in terms of the
last bastion of like genuinely very popular support. That's where
it all comes from right there, And so it's not
a surprise that this is where most of the pushback
or or most of the energy is going to be

(01:01:40):
in terms of their presence.

Speaker 2 (01:01:41):
Is really the last group. They've got a strong grip
on one dred percent. So they got to hold on tight.
And it just so happens that they're really important group.
They're President Trump's most rock solid constituency in terms of
his support, So they're a very important group, and they
want to make sure that they don't start to drift
away the way that most of the rest.

Speaker 4 (01:01:59):
Of the population.

Speaker 1 (01:02:00):
With the congressman.

Speaker 3 (01:02:01):
I mean, this is why it matters for Gates and
all these other people to speak out because those people,
I mean, think about if you're a congressman, you have
to go to the groups or you know, just to
go speak in general at different places. Who are you
most likely to speak to retirement homes, churches or like,
you know, religiously inspired nonprofit whatever. Well, these are exactly
the type of folks who would be involved in that.
And so at a demographic level, that's where they feel

(01:02:22):
so much pressure, often from the people who visit their office,
their compastors and others who are prominent.

Speaker 1 (01:02:28):
You know, they have a flow. Isn't that what they
call it? A flock or something. You know, when you
have a large.

Speaker 3 (01:02:31):
Group of people that are like, oh, well, my flock
is very supportive of Israel, right, So you could just
see how this whole pressure campaign on them, which is
so organized and ingrained in Republican politics, becomes so influential,
and it's noteworthy that Gates can only say any of
this whenever he's out of office. Yeah, that's the most important.

Speaker 4 (01:02:47):
I was thinking about that.

Speaker 2 (01:02:48):
I was like, I wonder what you were saying at
the time to get your little uh who a scan
at the moment.

Speaker 3 (01:02:53):
He was usually anti Neocon. I covered him since twenty fifteen.
I can't recall an instance where he was over like
pro war with Iran.

Speaker 2 (01:03:01):
Or Yeah, but any of us in that room at
the APEX Frazer getting his code scanned, he was saying something.

Speaker 3 (01:03:07):
Yeah, it was like, there's got to be something that
is going on. But look, nonetheless, we appreciate it.

Speaker 4 (01:03:13):
I appreciate the disclosure now, yes.

Speaker 3 (01:03:14):
Thanks as well as remember his previous story about how
he was in Israel or he was on a trip
I think, right, and somebody he found someone in.

Speaker 1 (01:03:20):
His hotel room. Creepy.

Speaker 3 (01:03:22):
All right, Okay, guys, thank you so much for watching.
Great Friday show for everybody tomorrow. We'll see you later.