Episode Transcript
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Speaker 1 (00:02):
A lot of them, flows of Fido, last little interest,
and any individual loss. This is the show. Oh right, everybody,
welcome to you Rue Book Show on this Wednesday, October eighth.
(00:25):
I hope everybody is having a fantastic week. All right.
I just actually got off a interview with Dave Rubin,
having been on Dave Rubin's show in uh several years,
and I think I I think I geologically we've drifted
apart quite a bit. Some of that came out in
(00:48):
the interview. Quite a bit of it came out in
an interview. It'd be interesting, so that that'll probably drop
late in the month probably, I think, he said October
twenty eighth, So towards the end of the month, you'll
be able to see that interview. I hope you check
it out and tune in, comment and do all the
things that need to be done in order to elevate
(01:08):
it and have him invite me back. All right, let's
see we have Yeah, let's just jump in. Let's just
jump in with news for today. Before we get to
the Charlie Cooks story in Israel, I do want to
just give an update. I mean, there's these negotiations that
(01:31):
happening in Egypt right now. And I think I was
pretty negative about them yesterday, but reports coming out of
the negotiating a fairly positive in a sense that Israel
there is a optimistic They seem to be optimistic, cautiously optimistic,
that they will be a deal done this week, that
(01:54):
hostages will be released next week, That Israel will not
retreat from the entire Gaza strip, it will maintain control
over fifty percent of it. It will basically have encircled
all of the places where Ramas will still be around.
(02:14):
You know, who knows, Maybe maybe this all something good
will come of this deal after all. At the very least,
let's hope that the twenty live hostagees are released and
then after that we can quibble about the rest. But yeah,
if they're released. Of course, is also believe releasing a
(02:35):
bunch of hundreds of terrorists, but at least they will
get they will get their people back, and it sounds
like not give up too much of a strategic position
in Gaza. As the rest of the deal is implemented,
the disarming of Ramas and the imposition of an interim administration,
(02:59):
plus the entry of an international some kind of international force.
There's never been in the Middle East. An international peacekeeping
force that has been very effective that I can think of.
I can't think of any the ones in southern Lebanon
and being pathetic ones in a sin ideas that have
been pathetic. So I'm not sure how good this international
(03:21):
peace keeping force will be, but you know, we'll give
it a chance. We'll see how it develops. We'll see
what happens. But it does look like people expressing themselves
positively coming out of the I guess first day, first
couple of days, first day of negotiations there, it's all
that who's who in the Middle East is down there, right.
(03:43):
You've got you've got seeing people from Turki and Kata
Kata prime minister, and you've got Yuei people. You've got
of course Americans, You've got the Israelis, you've got the Ramas,
you've got Egyptians and then uh h h putting out
the wood. We'll see, we'll see how it all goes.
(04:07):
Let's see, all right, there's this a news story about
Charlie Coke and that Candice owner has made a big
deal about and candas as much as I keep showing
you clips where she's like nuts and completely insane and
completely a wacko. People, massive numbers of people are following her,
(04:29):
and she is incredibly influential and people pay attention to
what she says, and and it's like everybody's like, oh,
Candace says, but as if she's a legitimate voice. But so, anyway,
Candace has been on this thing about Charlie Coke was
really killed, not by this kid that they arrested, but
he's really killed by these Raelis. And he was killed
by the Israelis because Charlie was pivoting a turning point
(04:53):
usay away from Israel. He was becoming more anti Israel,
and that's why these Raelies had him kill or the
Jews in America had him killed, or somebody like that
had him killed. Anyway, that's the story Candice is pitching.
And the other day, I guess the day before yesterday,
she had a text messages from Charlie because everybody's saying, look,
(05:14):
but Charlie was unbelievably pro Israel, and they brought us
this letter he wrote to NITANIAO, and they made a
big deal out of how pro Israel Charlie Coke really was.
And so she as this text message that somebody gave
her a text conversation between a number of different people
in Charlie about his the fact that Charlie had just
(05:39):
lost I guess, a two million dollar donation from a
Jewish donor who was insisting that Charlie Cooke disinvite techer
Causon from the Turning Point USA conference and insisting that
Charlie condemned kind of the anti semitism of Tucker Cosson.
And basically Charlie Cooke was saying, no, I won't do it,
(06:01):
and I'm not going to do it, and he was
suggesting that he was going to be less pro Israel
in the future, that he was stepping back, that all
this pressure was ridiculous, and and so on. And initially
when she came out of this, a lot of people said, oh, fake,
(06:22):
this is fake, this is all made up. But Turning
Point USA is actually confirmed that these text messages are
actually real, and that Charlie Cooke indeed did say all this,
He did lose the contribution from the Jewish donor, and
was indeed moving to distance himself somewhat from the kind
(06:42):
of pro Israel perspective, lobby whatever you want to call him. No, no,
It's a bit of a far reach to go from
there to the mossade kill him with zero evidence. But
you know, Owen is Candice Owen will take whatever victory
who she can get, and she will pat herself on
the shoulder and show see, I was right. I was right.
(07:05):
But but here's the interesting thing I think about all
of this, and that is, I mean, this shows I
think the extent to which Charlie was uh had been
was was corrupt by the notion of a big tent.
And and this is true of the of the right.
(07:26):
More more broadly, the fact is that in spite of
the fact that Tucker Cousin is not crazy and conspiratorial
and clearly antisemitic uh and affluting with with Holocaust denial
and pro Nazi sympathies and all of this stuff, and
(07:47):
Candice is is even beyond that. In spite of all
of that, the reality is that the right, the American right,
has not you know, flushed them out, has not rejected them,
has not turned their back on them. That they have
big enough audiences and enough support within the right, the
(08:10):
American right, that leading figures in the American right, including
Charlie Cook and the other people who appeared on stage
at the Turning Point USA conference did not feel embarrassed
or did not feel like they were it was problematic
for them to be sanctioning Tecker CAUSA. And indeed, many
of these people, including many politicians, are happy to go
(08:33):
on Tucker Cousin's show and and and use his platform.
I mean, maybe a little bit more reluctant with with
with caniss On, but even Canison is not being shunned.
They are part of the right. They are part of
this movement, and that is that you tell you what
(09:00):
you need to know about the right. And a lot
of them will say, yeah, I disagree with techer Calson. Yeah, yeah,
I used to turn antisemitic. It's inappropriate, it's not good.
But I'm not gonna I'm not gonna say anything negative
about him. I'm not gonna go after him, and I'm
not gonna de platform him, and I'm not gonna not
go in his platform. And you know, I'm not gonna
(09:21):
do anything about it. I'm going to sanction him. And
when you sanction a somebody who's become a monster like
a Techer Callson, you are responsible for the consequence of that,
for the consequence of promoting this kind of ideology and
the direction that the right has taken as a consequence
(09:42):
of that. So the modern right, the Maga right, but
it's it's I think one of the mega completely embraces
the Techer cults of the world. They embrace the Candice
Owens of the world. Anti Semitism is just part of
(10:02):
their agenda. And yeah, okay, we you know, some on
the right will distance themselves, don't want to be associated
too much, but not so much as to deplatform them
or reject them. They want the big umbrella. They want
the big tent. And from my perspective, when evaluating the right,
(10:27):
when evaluating a turning point, and one of part of
the evaluation is who do they who do they invite
to speak? Who are the people who speak at their conferences?
Who are the people are part of their big tent?
And given the tech of calls and is part of
that tent when I ask they evaluate and one should
judge right, I'm big on judging. Judge, judge, judge. I'm
(10:51):
very judgmental. You should be very judgmental to your life,
your values, your future. And the right is really really,
really bad and I'm glad that. I don't have a
lot of people on my chat anymore saying you're on
(11:11):
we need to be friends with the right, we need
to be friendly with these people, we need to associate
with them, we need all this stuff. No, no, we don't.
We're different. We don't associate with antisemitic you know, freaks
who think demons are scratching them in the end of
(11:32):
the Night Oho demons invented nuclear weapons. I think Tucker
Coulson believes that we don't associate with complete nutcases, have
nothing to do with them. I don't want to be
in that tent. Talk about big tents. I just noticed
(11:54):
a photo in an x on Twitter of the Smith,
Dave Smith, the libertarian Dave Smith. The meeting meeting with
Nick foyntis there's another great meeting of the minds or
the lack of And this is exactly it, right, this
is exactly who you'd expect to be teaming up, the antisemitic,
(12:20):
anti thinking, anti mind wing of I don't know the right,
call them the right, and we I anybody I represent
at least this show not part of that, not part
of that. We're not part of that. That those tents,
(12:42):
we're not part of any of those. Oh I like
that z Racer calls it meeting of the mindless. That's good.
Meeting of the mindless, that's good. So we don't belong
to that tenth. We don't want to be under that umbrella.
(13:03):
I'd rather stay small and principled, small and independent, small
and not sanctioned evil. Not sanctioned evil, because the reality
is I know, I understand enough of objectivism, enough of reality,
enough of life to know that the only party of
(13:25):
the benefits from associating with evil is evil. The any
party of the benefits of associated with the mindless are
the mindless. Any people who benefit from the associated with
the soulless are the soulless. We benefit nothing, We only lose.
So yeah, we're small. Yep, we don't have that much influence.
(13:47):
But associating with those creeps wouldn't give us influence anyway,
So yep, here we are anyway.
Speaker 2 (14:00):
Yeah Cook, Charlie Cook would not denounce Tucker Carlson and
more of my disagreements.
Speaker 1 (14:12):
With Charlie Cook and the reality of turning points us
say as a big tent that ultimately ultimately is going
to have bad outcomes, bad consequences. All right, let's see.
(14:33):
So I'll just add this for years, decades. Really, I've
been telling Israelis, don't count on those evangelicals. Beware, beware.
They're your friends right now, but they might not be
in the future. And they can shift on our whim,
because the whole philosophy is based on whim. Everything they
(14:55):
do is based on whim. They're religionists, their faith based religionists.
They support Israel because it's they interprets on passage in
some texts, some ancient texts, are suggesting this is what
they should do that can shift tomorrow. Israel is much
(15:16):
more isolated than it knows because it has a real
potential of losing the right, the evangelical right, the religious right.
By the way, one other thing that supposedly Charlie was
contemplating in his final days was converting to Catholicism, Catholicism
(15:39):
being the more intellectual side, if you will, of Christianity. Catholicism, uh,
giving Christianity more structure and more of an intellectual bent.
And so many, so many of the leaders of the
New Right, so many of the leaders of the New
(15:59):
Right our Catholics, and not born Catholics, but converts to Catholicism.
It's really interesting, really really really interesting. So I yesterday,
as we talked about yesterday, yesterday was the second anniversary
(16:22):
of October seventh, of the massacre, the just the horror
of the rape and pillage and everything else. It was yesterday,
and one of the most you know, horrific things that
was going on yesterday, literally yesterday was all the pro
(16:46):
Hamas demonstrations and protests out there. I mean really stunning
and shocking, not surprising, but shocking, massive protest in New
York City with a huge Palestinian flag, with large numbers
(17:07):
of people marching in New York City, not to condemn
the rape and the slaughter, but celebrated to show support
for perpetrators. I mean, imagine after two years, after nine eleven,
(17:31):
you would have marches in New York celebrating pro Taliban
po Kaida marches pro the dropping of the Twin Towers,
and you had this in New York. You had at
a number of universities. I saw another one outside of
(17:54):
King's College, London. You know, this is the place where
I was attacked by TIFA and the Palestinians when I
spoke there and they won't let me back on campus.
I can't go speaking college anymore because somehow I'm at
fault for the fact that I was attacked anyway, Key's College,
October seventh. I mean college students, university students in the
(18:22):
West celebrating murder and rape. I mean, this is kind
of new, This is kind of new, and I don't
know how you even deal with this. How do you
even deal with this? There is no will in the
(18:44):
West to confront Islam. There's no will in the West
to confront these people. I mean, if we dealt with
nine to eleven properly, Saponi Kamas would be an active
treason because Tramas would be late well it explicitly as
an enemy of the United States. But you know, we
(19:05):
never dealt with it properly. Still don't deal with it properly.
Still don't identify Hamas as a Islamist organization, as a
basically religious organization, as an organization motivated by an Islamist religion.
We don't blame Islam for this enough. There's a pole,
(19:33):
Harvard Harris's pole that came out today shows that half
of a gen Z in the United States, half of
gen Z in the United States support Hamas over Israel.
Millennials support Hamas over Israel, almost all of them. Young
(19:58):
people oppose the peace plan now because it's Israel. We'll
have to compromise too much, believe me, not for that reason.
A huge number of gen Z and millennials oppose Hamas
releasing the hostages. I mean, think of the inhumanity of
(20:20):
just the sheer evil of these people. This is true,
by the way, and in Canada as well. I don't
I haven't seen polls in Europe, but I suspect it's
not that different in Europe as well. I mean, this
is really disgusting. Half of students at our universities Hamas supporters,
(20:47):
and having seen the videos coming out of October seventh,
because you can't avoid them everywhere online, this tells HAMA
supporters talk about nihilism. That is true that most voters
continue support Israel over Hamas and think comes should release hostages.
(21:09):
That's because most voters are most people of you know,
non gen Zs and millennials or non gen Zas, but
you know, almost half of them. It's it's pretty scary.
It's pretty scary, all right. That's where we are in
(21:38):
terms of October seventh and in terms of Israel, all right,
I want to say something about illegal immigrants and ice
and all of this. I mean, I get a lot
of people saying should in favor of illegal immigration. You're
you're in favor of of of not depoting them, and
(21:58):
you know, surprise priest, And I'm in favor of anybody
who comes to this country and works. I am in
favor of people being left alone if they are, if
(22:20):
they are not criminals. I believe in the government staying
away from businesses and the business of telling businesses who
they should employ and who they shouldn't. I don't care
if you're here illegally. I don't consider immigration law that important.
(22:43):
It's okay, a law, you broke it, Okay, slap on
the wrist, big deal. I you know, I often say
I'm an illegal driver. I break the law because I speed.
I sometimes even park in places where you're not supposed
(23:05):
to park. And okay, I accept the fact that if
a cop finds me, and they often do, I'll get
a fine and I'll get the slap on the wrist.
Immigration law is not a law where there's a victim.
(23:25):
If you violate the law, you haven't violated anybody's rights,
I'm not I don't get excited about laws where there's
no victim. Laws should be to protect rights. If rights
are not being violated, why do you care. I don't
(23:46):
care if you cross the border illegally. Now, if you're
a gang member, go to jail, throw away the key.
If you're committing you know, crimes, there are victims, rights
are being violated. Throw them in jail, or deport them
(24:06):
or whatever. They put them down the antarctica. As far
as I'm concerned, throwing the key. But if you cross
the bat because you're trying to make a better life
for yourself and your family and your kids and your
then you know there's a sense in which you're a hero.
(24:27):
What is more noble? What is more courageous than taking
on real risk and and and being willing to go
against the crowd in order to make your life better,
in order to improve your life, to improve the opportunities,
(24:51):
remb opportunities for your kids. So these are not bad guys,
they're not bad people. They're now all criminals that are
rounded up and put in detention facilities and then many
(25:13):
of them deported back to the hell hose, from which
they came, which is a massive injustice, massive injustice. So yeah,
(25:33):
you know, I'm much more on the side of the
illegal immigrants that I am on ICE. Who are these
ICE thugs the government cops embolded by a police state
to go roam around looking for suspicious people who might
(25:55):
be here illegally because none of us where are illegal? Badge?
And how forehead? I mean I just saw a senior
person at ICE saying, yeah, we look for things like,
are you nervous around you know, ICE offices? When you're
(26:15):
driving and you see an ICE vehicle, does your grip
on the steaming role get really tight? Do you go white?
Do you sweat? Are you afraid? And that's enough? That
is enough for them to stop you sometimes to take
(26:36):
your window and drag you out of your car. I mean,
that's not the rule of law. That is a disgrace.
That is giving goverment. Aren't we believers in limited government
and and government that has a few powers. That is
giving government so much power, the power to stop anybody
(27:00):
they think look suspicious. Who gets nervous around cops? I
mean I would get nervous around ICE. They're fully armed,
you know, they look intimidating the big guys. They're wearing masks.
I don't like being around people who are wearing masks,
(27:23):
particularly if they've got guns. So yeah, I think ice
is the enemy, not a friends. I am anti police states.
I'm anti giving the police huge amount of power, for example,
(27:45):
to stop anybody they feel is suspicious. I mean, I
want to go after gang members, want to go after criminals,
go for even then you need some reasonable reason to search,
disease to rest, to interrogate. I mean typically cops have warmants.
(28:15):
They can't just drag you away. I mean, I don't
understand what country we live in A van and on
mark van can stop and people can jump out of
the van and drag you into the van and shoe
you away, flash and badges. I mean, that's not America.
(28:36):
That's not a country of the rule of law. So
reasonable suspicion, there is no such thing. Get a womant. So,
(29:00):
I mean, if they want, they can find find everybody
they want to go after people who work, find everybody
who's got who's using a fakes or security number, and
track them down and arrested. That's not what they're doing.
They're just going to work places and assuming I mean
the extent to which what is going on in American
(29:20):
streets today, in post London, Chicago and LA and other places,
the evil that ICE represents is hard for me to
articulate the extent to which it is evil. It is wrong,
it is bad. And I'm not even talking about the
American citizens that they accidentally kidnap, or the or the
(29:43):
legal residents, the legal immigrants that they accidentally kidnap, just
the whole notion of these roaming bands of police. And
again I I do not accept, do not accept, and
I don't care the threats that they get. I do
(30:06):
not accept it. In a civilized country, police should ever
wear masks. The face of law enforcement should always be visible.
So anyway, that's my position on ICE. I just wanted
(30:28):
to make sure nobody was confused and my position in
illegal immigrants, as if I haven't said enough over the
many many years I've talked about this about it, but
there are a lot of new people. I want it
to be clear. I don't resent illegal immigrants, don't have
any problem with illegal immigrants if they're not criminals. Welcome
(30:54):
now Trump, of course, in order to protect his precious Ice,
because they can't protect themselves obviously wants to send in
the military, the National God in order to do that,
we now have Texas National Gods in Illinois, and as
well as nationalizing the Illinois National Guard and then deploying
(31:18):
it to the streets of Chicago. Again, this is not
They're not there to stop crime. They're there to protect
ice from being harassed by people who don't like them.
So we're sending National Guard from one state into a
(31:41):
different state against the wishes of the governor of the state.
Something very wrong about all of that. Very wrong. I mean,
pitting states against states. I mean it really is again
an American despicable against federalism. The whole idea of federalism
(32:05):
really is bad. And then you know Pritsko who's the
governor of Illinois, and Johnson who's the mayor. And I
have no sympathy for Mayor Johnson, who is a nutty leftist, horrible,
evil bastard who you know, just as making Chicago worse
and worse. Of course, Pittska is just a standard corrupt
(32:26):
Illinois Illinois governor. He might not be as corrupt as
previous one because he's already rich. He's corupted intellectually for sure.
So I have no sympathy for either one of these guys.
But there is this thing they don't want. They don't
want National Guard in this stage. So Trump suggested they
should both go to jail. They should both be in jail.
(32:48):
That's the rhetoric, you know, And this is this is
the elevation and the the the the you know, constant
constant playing on this theme, which is you need to
(33:10):
arrest of political enemies. We need to put them down,
we need to shut them, shut them off. This is
this is like a wall, you know, in in Texas.
The Attorney General in Texas is just to release a
letter he says, I'm launching undercover operations to infiltrate and
(33:36):
uproot leftist terrorst cells in Texas. Leftist political terrorism is
a clear and present danger. They can be no compromise
with those who one is dead. Now, who are these
leftist terror cells? I mean a leftist killed Charlie Cook.
And I think it's it's highly likely that the guy
(33:59):
who killed Charlie Cook was motivated by a leftist ideology.
We'll see part of a leftist terraceell We've seen no
evidence of that, no rumors of that, no leaked info
on that. You'd think that if there was such a thing,
it would be all over the place. The rhetoric on
(34:28):
the Republican side, they're going to war and that's what
they want. They want to go to war. They want
to go to war with the left. And you know
the existence of leftist violent terra cells, I mean, Antifa exists.
(34:54):
I know because they attacked me, so I know they exist.
So the story that the left has there's no such
thing as antifa as bs, but attivas Pamelli in university
towns is primarily focused on the university is it's mostly
pretty much amateur hour. These are not sophisticated terrorist cells.
(35:16):
To the extent that they're violent, they should be shut
down and they should suffer the consequence of engaging in violence.
But my suspicion is that Ken Paxton, the Attorney General
of Texas, is much more likely to use all this
to go after these political opponents, whoever they may be,
and to shut them down. And generally, what we're seeing
(35:39):
is a general attitude among the right right now to
try to silence their political opposition, intimidate them, marginalize them,
and silence them. So not engage in actually finding criminals,
(36:02):
people who are going to use violence, political violence, but
actually shutting them down because they have opinions you don't like,
which is what all this is. I mean, political violence
right now in the United States is a graph out
there is down. It's not that high suddenly, no ie near.
(36:27):
It was in the seventies up until this year, up
until twenty twenty five is dominated by right wing violence.
This year is dominated by the left wing violence, but
there's not that much of it. And yet the right
is flipping out and behaving like what they really want
(36:52):
to do is shut down political opposition, not violence, not
terror cells, real terrorists. I mean, did they do this
with the with the Islamists who are really had to ourselves?
Where were they in those days? Now they're looking after
(37:13):
they're looking for cells that don't exist. So, yeah, there's
an ideological battle in America and there's a lot of
really evil people on the left on the ideological battle.
And what the right wants to do is skip over
the ideological battle part of it and just go right
(37:34):
for the jugular, just go right after them, and they
don't have to engage in political violence. They can just
engage in state violence against their opposition, and so many
will cheer them on because hey, as long as it's
against the left, we're all for it. So we talked
(38:01):
about we talked about CBS, Barry Weiss and the Free
Press being bought by Paramount and being integrated into CBS,
and of course Barry Weiss is going to take this
leadership position within the news organization at CBS. Well, you
(38:25):
can imagine that the people at CBS are not very happy.
I mean, here they are in the mainstream media positions.
They've been leftists their entire lives. The network has been
leftist for decades and decades and decades. I don't think
it's ever been non leftist. And suddenly new ownership that,
(38:48):
by the way, supposedly promised them no real big changes,
motivated by politics, they say. And now suddenly they have Arry,
who they consider, crazily enough, somebody away on the right,
as they boss, clearly coming in with an agenda. She
(39:11):
had ten points, and they are pissed off. They are
very upset. They are very upset. They're complaining that Barry
has zero news experience free Press. She built something out
of nothing, She created that experience. They are, you know,
(39:38):
they're accusing her of being somebody who puts out propaganda. Yeah,
talk about who puts that propaganda. So yeah, I mean
the people over there are not taking this lightly. They
are freaking out. They're upset, and it'll be interesting to
(40:04):
see how many people actually ultimately leave the network, right,
I mean, part of this that's going to affect them
immediately is barriers proiso. You know, most of these leftist
networks are poor Palestinian and the coverage reflects that. So
(40:31):
it'll be interesting to see how what kind of impact
she has on the coverage of the Middle East at CBS.
And then I expect that if they don't quit in masks,
they will be significant layoffs at CBS. I mean, the
status quo is gone. Things are being shaken up. This
(40:53):
is uh, this is not going to hold. You know,
CBS staff are worried about credibility. They have no credibility,
at least not by anybody objective. I hope they maintain
uh their reporting capabilities and the Barry beefs that up.
(41:17):
But remember Barry Weiss is, you know, probably on most
issues Sena sena left, maybe some issues center right, but
she's a she's not a crazy right wing on anything.
But they are so intolerant the left is at the
mainstream media that it Barry Weiss represents a threat to
(41:41):
everything they stand for. Yeah, flipping out, this is good.
I like it. I like them flipping out. All right,
let's talk a little bit about economics. We're living through
some really weird times. It's really if you look at
(42:01):
financial markets, it is very strange. I mean, gold just
cossed four thousand dollars an ounce for the first time ever.
Why why are people willing to buy gold at over
four thousand dollars an ounce. It's not because of inflation.
(42:28):
Gold has gone up way more than inflation over the
last few years, and suddenly, over the last nine months,
way more than inflation. Now supposely a lot of central
banks are buying gold instead of buying dollars. And indeed
the value of the dollar has gone down, which is,
(42:49):
if you remember, the opposite of what typically happens when
you raise tariffs. When you raise tariffs, the value of
your currency usually goes up. So the dollar has collapsed
since Trump got elected, the dollars down more than ten percent.
(43:10):
That's huge, and by the way, that's everything important. Being
more expensive for you, whether you have tariffs or not,
immediately more expensive by ten percent because your dollars are
buying less. So the dollar's gone down, that's part of it.
But the doll's gone down by ten percent versus other currencies.
(43:34):
But gold is up fifty two percent fifty Why part
of it's the dollar, part of its inflation. Those two related.
But what else is going on? And this is where
it gets really bizarre because I've always said gold is
really the hedge against the end of the world. But
(43:57):
if you look at the stock market, it doesn't look
at stockwok believes this end of the world. Stockwoke get's
doing gooat and you know it's up what fifteen percent
this year? There's INP five hundred. It was up twenty
five percent last year, was up twenty five percent a
(44:18):
year before that. I mean, the stock market is doing
phenomenally well. So what is gold protecting us against the
dollars not collapsing? Not yet? Gold is a leading indicator
of the dollar collapsing, of leading indicator of massive inflation
(44:39):
fifty two And why would the dollar collapse? And if
the dollar collapses, how's the stock markeet so high? That
doesn't make any sense. Inflation is much higher than reports, right, No,
(45:01):
I don't think inflation is high. Inflation is the reports
of inflation is pretty accurate. So I don't think the
inflation numbers are wacky. I don't. I think the dollar
the dollars down because people don't want to hold dollars
out there in the world because they don't trust this administration.
(45:22):
They have lost their appetite to invest in the United States.
They don't want to buy American US government bonds because
the government is out of control in terms of in
terms of debt, and people don't trust. They do not
trust this administration. AI productivity gains are not they don't
(45:46):
exist yet. A lot of promise but no productivity gains.
And AI productivity gains which suggest that dropping the price
of gold not an increase in the price of gold.
The dollars should become more valuable your productivity in the
United States because of AI skyrockets. So look, you know
(46:10):
you it's hard to explain markets. Markets do what they do,
and it's hard to explain investor behavior. But here's the
reality I think of what is what I think is
going on. People are worried about the global economy, they're
worried about the US economy, and they're expressing that wai
by buying gold. Gold is, you know, the the ultimate
(46:35):
hedge against end of the world. As I've said many times,
it protects you against inflation, but that's already priced. It
protects you against real chaos, and there's real possibility of
real chaos. I mean, we don't know what the Chinese
are planning for Taiwan and when that might happen, and
what the US might respond. We don't know what Putin
(46:56):
might do as it gets more desperate and as it
gets more conaed. We don't know what Trump is going
to do in the Western hemisphere and to what extent,
you know, his ongoing damaging of the US economy will continue.
People don't know, So they're buying gold as protection, and
(47:23):
they're willing to pay a lot of money for gold
because they don't think things are getting better. If anything,
they expect things to get was. At the same time,
people do not want to hold dollars. They don't want
to buy US denominated debt in particular, so a lot
of the money they would have used to buy dollars
(47:45):
and buy US debt, they're buying gold. Instead, and the
dollar is going down, And the reality is that the
dollar won't collapse because there's no alternative currency to buy
instead of the dollar. That is, what do you use?
If you don't use use the dollar, You're going to
use uo? Do you really trust the European Central Bank?
Are you going to use the yuwan? Do you trust
(48:05):
the Chinese? What are you going to use? If not
the dollar? So the dollar would go down more if
there was an alternative, but there's no alternative. Now, why
is the stock walking up? The Stockworkeert's up because the
companies in the stock market, particularly tech companies right now,
are apputting phenomenal earnings an amazing upside potential because of AI.
(48:31):
At the same time, everybody realizes that AI is a
massive bubble, that this is not sustainable, and it's not
clear that the investment in AI that is being done today,
the trillions of dollars flowing into AI, it's not clear
that they will ever earn a return on that money.
It's like the laying of the fiber optics in the
(48:51):
nineteen eighties and nineteen nineties, particularly nineties, it's like the
huge Internet bubble. Good things will come of it, but
we don't know who are the winners of who are
the losers. There will be a day of reckoning even
in the stock market because of this AI bubble. When
it happens, how it happens, what trigger is it, I
(49:13):
don't know, but it's coming, and some people are taking
defensive positions by buying gold. And remember, well, the use
economy is not doing well. The job creation is non existent.
The manufacturing sector in the United States is shrunken out
(49:35):
seven months in a row. I mean, the United States
economy is not doing well, and Trump is doing all
in his power to keep it that way. I mean
not intentionally, of course, but its policies are destructive to
use economic growth. Stock though, represents the best, the biggest,
(50:04):
and also represents the most protected. The companies that have
sucked up to Trump and have going to achieve protection
from him. That's who that That's what the SMP is
made up of. So you've gotten a small subsection of
(50:25):
the US economy. So it's it's gonna be interesting. It's
gonna be interesting where interest rates go. It's going to
be interesting how far the dollar drops, how high gold
goes up, and what actually happens to the stock market
into US companies under the under the Trump administration. But
(50:49):
it's not good that gold is in four thousand. I
mean unless your own gold, which then it's good for you.
But it's not good. It's a sign of real fear,
real instability, real distrust of the existing economic system and
the way the way it's functioning, in the way it's structured.
This is not This should not be celebrated. It should
(51:11):
be a time for real. It's a warning sign. It's
a real warning. Bitcoin, by the way, is up as well,
one hundred and twenty five thou people are just looking
for somewhere to put their money. That and there's plenty
of money. That's the other thing. There is plenty of
(51:31):
money out there, plenty of money. I think banks are
reducing the reserves that the Fed. Money is circulating, money
is moving. We'll see what the price inflation numbers are.
But money is flowing into gold, into bitcoin, into the
stock market, who knows where else. But it's we're in
(51:54):
for a bumpy ride, bumpy right, all right, Yeah, this
is an interesting story. We've talked a lot about corruption
and the corruption of this administration and how it plays out.
I've talked about Freddie and Fanny. Freddy and Fanny are
the big buyers of mortgages. They restructure the mortgages and
(52:18):
they sell them repackaged mortgages. These are two companies that
basically went bankrupt during the eighth nine. They've always been
government sponsored entities. They've always had the protection of the
US government. They've always been backed by taxpayers, and they've
been in government receivership since two thousand and eight. For
(52:40):
a long time, the idea was they'd be broken up,
they'd be closed down, they'd be broken up, and lots
of small companies would be spun off. But nothing has happened.
They're sitting there and they're bigger now than they've ever been,
and they are responsible for more of the mortgage market
(53:02):
today than they ever have. These are really, really, really
bad institutions because they've got perverse incentives. This pseudo governmental
the good example of what happens when the government takes
a position, either by guaranteeing your debt or by taking
on equity position. Anyway, the government has decided. The Trumpet
(53:26):
administration has decided not to break them up, not to
shut them down, but to take them public as is,
maybe even with an explicit government guarantee, and the consequence
of that is these could be some of the biggest
i pos in history ever. Initial public offer. Well, all
(53:52):
the banks want a piece, they want to represent, they
want to make the deal. So what you've got right
now is Goldman, Sachs and JP, Morgan Chase and Morgan
Stanley and Wells, Fargo City Bank, Bank of America all
(54:15):
going to the White House and accurting Trump and others
bestn't uh and and people in the Housing UH Federal
Housing Finance Agency and Circauselen trying to get the business,
trying to get the business. So instead of shutting these
(54:40):
down or breaking them up and taking public small entities,
these two massive companies are going to go public. It
was bad when they were public in the past. It
was horrific. And by the way, they could never get
their books in order. They you know, you know, early thousands,
(55:00):
they couldn't even produce an audited financial statement of Fanny May.
I mean this is gotten Frank's legacy with these monstrous organizations.
They were huge lobbyists, huge massive lobbyists, real corruption in Washington,
(55:21):
DC for decades, and now they want to resurrect them,
make them, more powerful, bigger than ever the IBOs. I
expected the value the combined company Veddie and Fanny at
five hundred billion dollars and raise at the IPO at
(55:43):
the initial public offering thirty billion dollars. I mean, this
is absurd and ridiculous. And again we're just begging for
other financial criations, just begging for it, begging again. These
(56:06):
are two entities that winter went bankrupt, but whenever shut down,
they are being under government receivership, government management. Since then,
government bailout. They've been bailed out and now on IPO
five hundred billion dollars. And because the government is doing it,
because it goes from government receivership. Instead of they should
(56:29):
have fought for bankruptcy. They should have shut them down
and sold other assets. Un let the private markets compete
for mortgages. We're going to create the great American mortgage corporation,
you know. And and the massive massive this resulted from
(56:50):
a massive bailout. By the way, the US has warrants
to purchase about eighty percent of the common stock when
they go public. So yeah, I don't know. I mean,
in two and two and nine, it seemed like there
(57:11):
was a real consensus among politicians, economists, bankers, everybody, fenny
and f any need to go. They need to be eliminated,
they need to be shut down, they need to be
spun off. And instead we're just recreating them so that
we can have another financial crisis and bail them out again.
(57:36):
Just nutty, talk about nutty. Soybean farmers. Don't know if
you know any soybean farmers on the farmers are very unhappy.
Trump's trade wars basically destroyed their their business. They typically
sell many of the soybeans to China. China's not buying
soybeans from US farmers just zero zero Now because of tariffs,
(58:04):
soybean farmers have dramatically increased costs, higher fertilizer costs, higher
metal cost high equipment costs. And at the same time,
the tasks have eviscerted their market. They can't sell them.
(58:26):
And this is a massive Trump continued constituency. And yet
the being left out without a market, and now some
of the soybeans that they're not selling to China they'll
(58:48):
sell elsewhere. The United States is helping them and they'll
find out the markets and they'll figure it out. But
it's going to be very difficult for them to make
a profit given their increased costs and the ongoing un
certainty about the markets. I mean, in a normal year,
(59:08):
China would have already booked US soybeans from the crop
that's just been harvested, but they haven't. So what happens
next year? And again, where does these soybeans get shipped?
So Trump's really made a complete disaster of this. The
(59:31):
farm industry is in real panic. And again this is
the hot land, this is this is Trump country. So
I mean, the solution is, of course, the solution is,
of course bailouts. And what you're going to see is
(59:53):
is massive bailouts. Now, the real solution, ultimately is they
should be planting a lot less soybean, a lot less corn.
We should stop subsidizing it. We should stop, you know,
providing you know, huge benefits these farmers to plant stuff
that is not really needed. But that won't happen. I'll
(01:00:18):
just keep bailing them out, just giving them more money.
And so Trump is now saying that he can take
the money coming in from tariffs and give it to farmers,
which is fascinating because you know, he doesn't really have
the constitutional authority to put on tariffs, and now he's
(01:00:41):
adding constitutional authority to take the income and kind of
do whatever the hell he wants with it. Like the
president is not in a position to allocate revenue. Budgeting
is Congress's responsibility. But Trump is just is suggesting that
(01:01:08):
because this is excess revenue, he can do whatever he
want with it. So yep, completely unconstitutional, but that is
just part of the course, part of the course, right,
(01:01:28):
And a lot of people are pissed off because Trump
is bailing out, is giving this bailout to Argentina, and
then Argentina turned around and sold its soybeans to China.
So China is buying soybeans or Argentina instead of from
the US, and the US at the same time as
also bailing them out, and people are pissed off at that.
But that's the distortions and perversions are bailouts and tariffs
(01:01:53):
and you know, uh, Trump policy. Trump has no clue
what he's doing when it comes to these kind of
economic and international affairs issues. Pretty bad, all right, That,
(01:02:14):
my friends, is the news for October eighth, twenty twenty five.
All Right, so we will turn to the super chat.
Now we've got a few questions not that many, so
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We're already into that second hour. You can do a sticker,
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a value for the value that you're receiving. All right, David,
David one hundred dollars, Thank you, David for the supports.
Would you be surprised if MAGA staged a rich stud incident?
Is it possible MAGA wants violence in the streets in
order to cancel midim elections. I don't know if it's
(01:08:15):
to cancel midim election, but I definitely think MAGA wants violence,
and I think that I think they want conflict, they
want to stir things up, they want insights because I
think that that they need. They have a vision of
what it's going to take to purify America from the
(01:08:37):
evils of the left, and that is going to have
to involve the use of the significant use of state power.
They've tried to do it at Harvard and other places.
But the real use of state power is going after
student organizations and banning them, and it's going after political
entities and specific politicians and going after you know, Trump enemies,
(01:09:01):
and part of that they'll do through law. Fair but
part of that is creating situations where there's real conflict
and where there's the potential of doing the equivalent of
you know, declaiming martial law. You know, in acting the
(01:09:21):
Insurrection Act. There's no insurrection in the United States. There
literally is no insurrection in the United States. The left
is not particularly active right now. Most of the action
is from the right, and I don't see ICE and
some of these other entities going after the hamas demonstrators
(01:09:44):
does seem to be the target, So I don't know
who is. It's the political enemies of the Republicans in charge,
so they want to steer things up. And part of
putting ICE into the streets and putting National Guard into
the streets is that they're hoping to provoke. I mean,
what Trump really wants is for Portland to burn. If
(01:10:08):
Portland burns, there's an excuse to do more. They want
to do more, They want to act, and they want
legal cover for the action. And the legal cover will
be provided to them if the Left is incited to,
you know, start really fighting against them. You know, somebody
(01:10:29):
is going to get shot by ICE or an ICE
agent will get shot. Violence will only escalate. The more
guns you put into the streets, and out of that
will come potentially riots, and then you got national gut
quelching riots, and that that chaos, that mayhem is a
(01:10:55):
great opportunity to you know, invoke more authoritarian powers. Now,
is it normal for federal agents to be assaulted in
the streets. Yes, when they're doing horrific things. I mean,
I did my spiel on ICE. Ice is a horrific organization.
(01:11:21):
And when they are randomly pulling people off the streets
and you're in the vicinity, yes you should resist. Yes,
you should create as much uncertainty for those agents without
getting physical and violence, so that they feel intimidated before
they risked somebody off the pavement next time. It's not
(01:11:46):
normal to have federal agents in the streets rounding people up,
but not normal to have federal agents and unmasked cars
driving around the streets assaulting people. That is not normal,
and we should not accept it as normal, not accepted
(01:12:09):
as normal, whether it's legally illegal, we should not accept
it as normal. And interfering without engaging in violence absolutely,
civil disobedience without engaging in violence absolutely absolutely, let them
(01:12:34):
know that what they're doing is unpopular. Let them know
that they're not welcome, and the people violating the real
rule of law here is the government the government, because
the law is not just whatever laws they happen to
(01:12:55):
be in the books. The law is the law based
on individual rights. And when the law laws a fundamentally
violating individual rights, then we need to stand up against them.
We need to stand up against them. So what Ice
is doing is wrong. It is wrong from the perspective
(01:13:20):
individual rights, is wrong from the perspective of the rule
of law. All right, And if we don't stand up,
there's no end to it. They'll keep passing really really
bad laws. I'll keep signing really really bad executive orders,
and they'll violate our rights left and rights, and we
will do nothing. We will just sit silently because hey,
(01:13:44):
it's the law, all right, Remo, thank you, Remo. Sixty
eros really appreciate it. Should a country ban the disability
for foreign governments and wealth funds to buy stakes and
(01:14:05):
companies that incorporated in its country. It's a really good
question which I hadn't thought about, and I think the
answer is yes. I think there should be a band.
I think the band should be against you know, a
(01:14:26):
purchase by a governmental entity of a foreign country, and
i'd include faun what do you call it? Wealth funds?
Fun sovereign wealth funds against buying stock, against mine land.
I mean, the Chinese government should not be only farmland
(01:14:48):
in the United States. They shouldn't be only stocks in
the United States. Now, I don't mind Chinese companies doing it,
and maybe it gets blurry when it comes to country
like China, but the government out and out I don't
think should be. But it's an interesting question which I've
never thought about, but it strikes me that the answer
should be yes, it should be banned. I think part
(01:15:16):
of what ICE is doing and all of that is
to provoke. They want it to escalate, and it's going
to escalate. I mean, there's nothing you can do about
it's going to escalate, and it's really, really bad, and
the fault for the escalation is with the government. David,
With gold over four thousand, it's maybe time to finally
(01:15:37):
call Peter Shift and bring him on the show. Nobody
has been as public and right about the debt crisis
in gold for over twenty years as year is. Call
your old forgotten friend. I don't know how you can
say he's been right. Peter Schiff called Gold at four
thousand in two thousand and eight. The fact that it
(01:16:00):
made it to Fourenty twenty twenty five doesn't make him right.
So I don't understand. I don't understand how. You know,
if you if you you know you, you say the
crisis is gonna come, it's gonna come, it's gonna come,
it's gonna come, you do it for forty twenty years,
and the crisis finally happens somehow you're right. I mean,
(01:16:26):
I really don't get it. Yes, Gold has finally done
what Peter Shifts said it will do it. But Peter
Shift said it would happen years and years and years ago,
decades ago. So he's clearly been wrong in bitcoin. He's
been wrong in the stockland kid, he's wrong in the
(01:16:49):
US dollar and has been wrong on the US dollar
in the past. Now I like Peter and I might
have him on, but I don't understand, you know, you
know how he can be wrong for so long? And
you know if I say Scoco lig is gonna go down,
(01:17:09):
I don't know when, No, Starkola is gonna go down
this year and it doesn't go down, then next year
it's gonna go down this year and it doesn't go down,
and again it's gonna go down this year and it
doesn't go down. Then next one it's gonna go down
this year, and then ultimately five years, six years, seven years,
ten years down the road he goes down and you say, Wow,
(01:17:30):
your UN's right about the stock market. No, I'm not. Now. Look,
Peter's super smart, super particulate. I agree with him on
a lot in economics. I'm just disagreeing with you on
this particular characterization. I just think it's wrong, and I'm
(01:17:54):
looking for objectivity around it. Right lyon, are Palestinian supporters
of today similar to hippies of the Vietnam era? Both
are just reaching against the flawed proponents of the US West,
(01:18:14):
like Trump and Nixon, without examining who they're align with.
I mean no, because it's much much worse now. And
the reason it's much much worse now is because they
have nothing at stake today. There's no there's no draft.
(01:18:36):
They're not being shipped to them at least to fight
a war. The war they supposed war crimes and not
being committed by Americans. So the fact that they're so
passionate and so engaged with the Palestinian cause is And
(01:18:57):
of course a lot of the demonstrations in Vietnam weren't
pro North Vietnamese. They were against US involvement, and they
were right on US involvement. So no, I think this
is much much worse. It's also remember this didn't start
with Trump, the star with Biden. I mean, the sit ins,
(01:19:19):
the campus sit ins, the demonstrations, those all happened in
a Biden. So it wasn't just a knee jerk reaction
to a bad you know, from their perspective, a right
wing president. Now they did, it's the democratic president as well.
It is a hatred of the West, but much more
(01:19:42):
elevated in its verocity, in its in its nihilism than
I think the Vietnam War war was. So this is
that on steroids, much much worse. And of course that
was bad enough what they did back then, but it's
much worse now. I sign up police, police arrest people
(01:20:03):
to bring them to court with some level of evidence.
I specifically grags people without a court process or defiance
of court. They are literally masked gangsters for Trump, well,
the masked gangsters for the federal government. Trump Trump is president,
(01:20:24):
but not for Trump the masked gangsters for the federal government.
And this is not a good precedent in the United States.
You might think it's okay for them to be running
up illegals, but what happens when you know, the next
administration comes about and has masked gunmen gangsters roaming around
(01:20:47):
arresting some other group. There's no end to it. Once
you unleash the thugs into the streets in the name
of I don't know, in the name of federal government
and its wisdom. We know where that lands up, and
it doesn't land up in a good place, so that
(01:21:10):
these are armed thugs of the federal government. All right, Andrew,
(01:21:30):
does altruism lead to evasion? I'm thinking about the irrationality
surrounding the Israeli Palestinian conflict. Yes, I mean altruism necessitates evasion.
You're evading your own interests. You're ignoring, you know, the
reality of who's being sacrificed to whom it's you know, Altruism,
(01:22:08):
by its very nature tells you to ignore your own nature,
to ignore your own interests, to ignore your own life.
And you know that necessitates evasion. And then once you
vade regarding altruism, once you vade, according to that, what
(01:22:31):
stops you evading whatever you need to evade. The whole
principle is here, they're suffering, the weak, the poor. They
o't of a state in one of this and one
of that that is by definition wrong according to altruism,
and therefore must they must be some way to solve
(01:22:52):
the problem, to address the injustice and the fact that
the murderer is the fact at the rapist effect that
all this will evade that because they're struggling, because they're poor,
because they're weak, and they're being bombed all the time,
and children are dying, so everything else becomes irrelevant, everything
(01:23:12):
else is evaded in the name of the sacrifice. All right,
Just we've that is all the twenty dollars questions that
we have, twenty fifty one hundred dollars questions that we have,
so just a reminder, we need some more. We need
about six twenty dollars questions to get to our second
(01:23:34):
hour goal. We've got a few ten dollar questions here
and five dollar questions remaining, but I'll be done with
those pretty quickly here, So now's the time to step
in with some support. Stickers welcome questions welcome value for
value trade and help us make our targets. So that, yeah,
(01:23:59):
the show is is sustainable, needs to be sustainable. These
these two hundred and fifty dollars an hour is what
is necessary to sustain the show given the different sources
of support that come in for the show. All right,
So if you're listening live now on YouTube, come on over,
(01:24:21):
Come on over and do a superchato or do a sticker.
If you're on Twitter, there's a bunch of people watching
on Twitter. Come on over to YouTube and support the
show here on YouTube. Remo my favorite ap Pacino movie. God,
I don't remember ap Pacino movies. Oh I remember my
(01:24:43):
first Oppacino movie, which was Dog Day Afternoon. Really liked
Dog Day Afternoon. Well, I mean the Godfather of course,
those are great movies, and al Pacino's great in those.
Cent of a Woman I like. I like Cent of
a Woman. That's a good Appacino movie. The Heat is
another one that I really like. I mean, I hate
(01:25:06):
the movie. The movie's kind of got an evil idea
and philosophy, but he's he's brilliant in it. He's really
really good. Didn't like The Irishman, SUPPI go he was
good at Soupy Go. Just looking at uh Oppacino movies. Uh,
The Dog or the Afternoon was the first movie I
(01:25:30):
saw with Appacino. He was brilliant in it. It's a
terrible movie, but he was brilliant in it. But at
least now looking back at the time, it was super intense.
It was really intense. And Justice for All that was
pretty good. Yeah. That that that Those a few that
I like. Oh, he's really good in the merch of
(01:25:52):
the Venice. He plays Shylock in The Merchant of Venice.
That's really good. All right. Rimo says, generally, I do
(01:26:20):
not like gangster movies, but I do like The Godfather.
Godfather movies are great movies, Goodfellas, that Departed Heat. Yeah,
I mean there are a lot of good gangster movies.
Departed is good. Heat is good. I mean again, it's
got an awful philosophically, it's really really bad, but it's
a really well made movie. But the best is The Godfather.
(01:26:41):
The Godfather trilogy is brilliant. All right, Ryan, Your new
book is urgently needed. Is there anything that can be
done to speed up its release? No? No, it needs
to be written, I mean finished, and I need a
(01:27:03):
finalized an agent, and then we need a publisher. This
takes time. There's no there's no way, there's no shortcuts.
And I want to I want to real I want
a real publisher. I wanted to get the full marketing
benefit of a publisher. And uh, I'm hoping to have
a real aggressive agents and and uh, you know there
(01:27:26):
should be given the timing of the book, given its theme.
You know, I'm hoping w are kind of a best seller.
We'll see, we'll see. I don't know who the market
is for it, because you know we're going to piss
off everybody. But if you want to ask a question
about al Pacino movies, about any of that, uh, the
(01:27:49):
super chat is open. Super chat is available, Mike, thank
you for the sticker. Really appreciate that. We just need
five twenty dollars now to get to our target. Uh,
but I appreciate it. Ryan. There's just no shortcuts when
it comes to publishing a book, unfortunately, Mera Bens Peter,
I love you more than cat loafs and dog blanket burritos.
(01:28:13):
I don't know what that means. I don't don't want
to go there. I mean, people are talking about Heat.
I mean, the thing about Heat is that, like most
modern movies, it portrays the bad guy, the gangster as
(01:28:35):
interesting and cool and successful and happy and gets the women,
and and the good guy is the good guys is
is basically you know, boring and failure in his personal
(01:29:00):
life and unhappy and doesn't know how to have fun
and doesn't get the goal and and just pathetic. And
that's Heat, right. The cop is miserable, miserable and divorced
and everything, and the beaver guy is the happy guy.
(01:29:24):
And that's just an inversion of reality to to make
and and it's it's a perpetuation of a particular view
of morality that that virtue leads to unhappiness. Goodness is. Yeah,
it's important to be good, it's important to be virtuous,
but you're not gonna be happy. You're gonna be miserable.
(01:29:46):
And vice is actually the source of happiness. Vice is
actually the source of of fun, of joy. This is
not unique to Heat, but Heat really drills that home,
which I find defensive. Lissenda, your voice sounds a lot
(01:30:10):
better now. Hope you're doing better. Also, anyone remembered to
send stickers and super chats and reach those goals. Yeah,
I mean we're not. You know, we're kind of on
and off on the goals. We don't. We don't make
them as consistently as we used to. It'd be nice
if we did. We really should. And so we're right
now eighty six dollars short of the goal. Maybe maybe
(01:30:34):
you can be inspired by Lucinda to get it. I
am feeling a little better. God, it's it's been a
week and a half now, and I'm still not completely right,
as you can probably tell from my voice, but I'm
feeling better. I definitely have more energy. But I stolen congestioned.
It hasn't completely opened up. Yeah it was. It was
(01:30:57):
a bad case and it's not leaving out and I'm
traveling on Friday. I'm flying to Austin, Texas on Friday.
So yeah, well, frustrating, frustrating, frustrating, frustrating the fact that
I was so sick and that it hasn't really gone away.
(01:31:23):
All right, all right, let's see equal to reality, says
(01:31:47):
bit off topic. But what questions could help me decide
if I should distance myself from pro royal on nationalist
minded family members. I mean, at the end of the
they You've got to think about what value do they
represent to you? To what extent you know they are
(01:32:07):
they good for you in a short run, in the
long run, what values do you get for them? What
is the value of having a relationship to think of
it as positive and not as negative? And then to
what extent do they frustrate you? Do do they impose
costs on you because of their political views? They argue
(01:32:29):
with you constantly? Do they ask you, I mean, what
exactly are they doing? So just way the positives and
the negatives of having a relationship and make a decision
based on that. One second is all right? Andrew rand
once said to Donahue, the religion says the body is evil.
(01:32:51):
Donna Hue responded, yes, it does. When I see that,
I think, how can want to acknowledge that and go
on defending religion thoughts, Well, because they really do think
it is evil. That is, you know, it's it's it's
the focal point of desires. And if you act on desires,
(01:33:14):
you know you do, you can do you know, horrible things,
and it is the source of sin, it is the
source of of the fall. So religion actually holds that,
you know, the body as you know, as as evil
(01:33:35):
and they can't resent it, but they can't ignore that
because they this is how they've been brought up. This
is you know, every summon. This is exactly what they've
been taught. And what it means is they believe that
the mind, that morality is there to control their bodily urges,
to control their passions, to control the mayhem that the
(01:33:59):
body would eight if it was let loose. And they
are They are split. They really have this split, and
they live it, and that is the source of the
kind of anxiety and fear and self hatred that so
many people exhibit. Neo, I'm bad of math. How is it?
(01:34:27):
How is the comparison made when people say October seventh
is equivalent to thirty to forty thousand dead during nine
to eleven. Yeah, it's pretty pretty simple. It's you say,
you know, Israel as let's say a population of ten million,
and they they had want twelve hundred people died in
(01:34:49):
United States just two fifteen million people. Some multiply the
one thousand, two hundred by thirty five ten million into
three hundred and fifty million. Is one thy two hundred
to what to about forty thousand people dying. So just
a comparison of the populations versus three to four thousand
(01:35:15):
actually died on nine to eleven. Imagine if that number
was thirty thousand or forty thousand, then it would be
the same impact on the population as it was in Israel. Right,
equal to reality? Says in case you did not see
(01:35:35):
my other chat, what are some good red flags to
write off close family members? What lines that should not
be crossed both left and right? Well, I mean it's
hard to tell. I mean, obviously hatred, nihilism, racism, and
anti Semitism are red lines, I think. But you should
(01:35:58):
be in a position to be to say I disagree
with them when they sound off something really really bad.
And if they are exhibit real hostility when you do that,
and and they make it really uncomfortable and unpleasant to
be around, then you have to really ask yourself is
it worth being around them? Yeah? And says thoughts on
(01:36:23):
Dictator from Day One by rub Tsinski. Rob Tainsky has
this book about Trump called Dictator by Day from Day One,
and look, when it comes to Trump, I agree with
Trasinski his writings on Trump the extent that I've read them,
(01:36:45):
being right on points. And my guess is I haven't
read the book. Is that we agree completely about Trump,
but Trump's uh, you know, authoritarian inclinations and general evil.
Uh So I probably probably would agree with Chasinski's book
(01:37:09):
if I read it, but I haven't read it and
don't intend to. Hey, Ron, have you seen talked about SOA?
To open Aiy's newest video ai Also have you seen
Figure one robot can walk and do dishes? Tech is
so cool. Yeah, text is very cool. I just downloaded
(01:37:29):
SOA too and trying to play around with it. I
don't know exactly how it works and how to make
it work, so a play around, but you know, I'm
sure it's unbelievably cool. Tech is unbelievably cool. I've seen
some of the stuff that robots can do. Robots are
(01:37:50):
the future, there's no There's no question about that. And
you know, robots are gonna are going to change the
world in which we live for the better. And they
are coming. They're coming, They're coming for you. Beware all right, Listenda,
(01:38:10):
have you seen in the Line of Fire with condition
who recently watched it and enjoyed it a lot? With
my is that way? He's like a secret Service agent
and he takes a bullet for the president. Yeah, I mean,
I really liked that. I enjoyed that movie. That's a
long time ago from the I'm just looking online from
the nineties, early nineties. Yeah, I enjoyed that movie. It
(01:38:33):
was a good action movie, good action movie. Thank you listened?
All right, guys, only thirty four dollars left to make
a goal. It would just be nice to be able
to say, another day, another goal met. We didn't miss
it today. So help us get to that point. Help
(01:38:57):
us get to that point. Yeah, Atlent in that movie
really is heroic. He's a real hero, all right. Paul
b W Who's b W interviewed Barrett Oh Barye Wise
interviewed Barrett. I liked her comment that the Constitution was
more than the words, but also the body of people
(01:39:20):
upholding it, but mostly ignored abortion and the perverted Ninth
Amendment into interpretation. Yeah, I mean, I've just seen bits
of it. I haven't seen the full the full interview,
Barrett strikes me as all the more intelligent than I expected. Sadly,
(01:39:42):
she has a very bad view of abortion, and still
even the better Republicans have a bad view of the
ninth Amendment. But she's better than expected. I'll give her that.
She's better than expected it to be. So it's gonna
be interesting. This next term of the Supreme Court, where
they're going to make a lot of Trump decisions, is
(01:40:04):
going to be super interesting. It's going to be interesting
to see whether they have the courage, they have the fortitude,
the courage to stand up to Trump and to put
him in his place. I mean, I think the tariff
is a no brainer, not constitutional, and there are a
number of these issues that are no brainers. And the
question is will the quotes stand up to him and
(01:40:26):
do it. He's going to present it as you know,
you're going to destroy the country if you do. He
really is nigging. Have to resist resist that somehow. All right,
Lucinda says, let's reach the goal. All right, We're only
twenty three dollars away from the goal, so it is reachable.
(01:40:47):
And that was the last question. So anybody want to
get us to the goal by doing a twenty three
dollars stick up by asking a question? Now is the
time to do it? All right? We will have a
show tomorrow. Oh I'm not sure about the time tomorrow,
but I think it's about the same time as today.
Maybe maybe it's a little later tomorrow. Let's see tomorrow. Oh,
(01:41:10):
tomorrow will be at four pm eas Con time. So
tomorrow we'll have a show at four pm East Coast time.
Probably no show on Friday, and and we'll see if
I can do a show over the weekend. I'm attending
a wedding and there's parties and the wedding stuff, and
(01:41:31):
but we'll try to do something beforehand to get it done.
So that is the that is the plan. Definitely be
back on Tuesday, but tomorrow it will be show. All right,
We've got Leven did a three dollars stick I thank
you Lyven. Listender did a twenty five u O sticker,
so thank you Listender that got us to the goal.
(01:41:53):
And then Ron did a sixty chicker question. Do you
think the current repull market stress and upcoming QE upcoming
QE will finally expose them all bankruptcy of Fiat money
pushing a significant number of investors towards gold ps coming
to listen to you in Vienna in November. Cool. Cool, No,
(01:42:18):
I don't think so. I don't see why this is
it for Fiat money. I think it's going to take
a lot more than what's happening right now. I also
think that, you know, I'm not sure investors should be
in gold. Why is gold worth four thousand? If gold
became money tomorrow, is four thousand the level it would
(01:42:41):
which should be converted into dollars? I don't know right
so it's not clear to me that gold right now
reflects reality anymore than any other asset class. I think
gold is a speculative asset and is being speculated on.
But no, I do not predict the imminent fall and
(01:43:05):
the disappearance of fiat moneys. I just don't see that
happening yet. Thanks Ron, run, I really appreciate it and
look forward to seeing you in Vienna. Tom says one
hundred dollars or no, one hundred pounds sterling. Thank you, Tom,
really appreciate this. Thank you Ron. Keep up the great work.
Appreciate your analysis. Thank you Tom. That definitely gets us
(01:43:28):
way beyond the goal. That's great. When are you're next
in the UK so I can come see you live
ask equal to reality. I'm not going to be in
the UK this trip to Europe in October November probably
be in UK in either February or March of next
year early February, March, sorry late February, early March, or
(01:43:51):
otherwise in April, but definitely be there and I'm trying
to arrange events. I might be doing a debate for
the Spectator, maybe a debate at Oxford for the High Society.
So number of things in the works for then. I'm
trying to trying to kind of wrap up my schedule
for the next year, but that that'll probably be the
(01:44:12):
time when I come to the UK. Won't be this trip, unfortunately,
won't be able to won't be making it. This trend
thank you. Equal to Reality Andrew says, are you looking
to revive Rules for Life? Just do some shows consistent
with them? I just do someselves consistent with them. I
did twenty Rules for Life. I'm not sure what reviving it.
(01:44:35):
But look, here's the point. If anybody has ideas on
structuring of Rules for like like series of shows, I'm interested.
I'm just out of ideas. So if you, if you
think about how it should be presented, structure, what should
be the umbrella, let me know. I'm open to ideas,
(01:44:57):
whether it's bringing it back, doing it like I did originally.
Whether it's doing something completely different, let me know. But
those kind of shows apply applying objectivism to our lives.
I'd like to do at least one a week that way.
That's like that, but it would be hopeful to get
guidance from you guys what you think would work, given
(01:45:21):
that you've already heard the rules for life, and where
you think we should take it next. All right, everybody,
I will see you tomorrow four pm, East Coast. I
thanks you guys, were great and we blew away the target.
So thank you, thank you, Thank you really really appreciate it.
Thanks Listenda for getting at them and poking them and
(01:45:44):
encouraging them. Thanks guys, see tomorrow, Bye everybody,