4th Turning Ep. 273

Episode Transcript

(00:00):
Thank you.

(00:30):
Good morning, everybody.
Just give us a few minutes.
I think we got some technical difficulties with old Bob.
I'll be your host for a minute here.

(00:50):
Pardon the screaming kids in the background.
But yeah, it's Friday.
Happy Friday to everybody.
We got a good dip.
and we'll see where we go from here price-wise um let's see still trying to get bob up eric if you
can kind of work in the background to help with that and we'll go around the horn and just say

(01:12):
good morning to everybody on stage we got pubby wade bfp good morning how's it going
good morning so hey anytime you can start a friday with dexie's midnight runners
come on Eileen man take me back to the 80s man although the one hit wonders back then I gotta

(01:33):
wonder if they still tour and they just get there and everyone just wants to hear the one song they
know always wondered that but good morning hey guys mic check you got me wow you're good Bob
wonderful yeah it's crazy man I don't know um producer Eric does everything that he can

(01:54):
to keep me on track. And here I am fumbling around with devices. But it's Friday and thank
God for that. But I want to welcome you all to Bitcoin Veteran Spaces number 273, where we talk
about Pete Headset. Just kidding. We talk about Bitcoin and other things. I think maybe that's

(02:19):
some foreshadowing. We'd love to have you guys come up, though. Hopefully we get more folks in
the room after my tumultuous start to this Friday. And yes, thank you, Producer Eric, for that
uplifting music. Let's see. Texas Toast, thanks for kicking us off. And thank you to all you guys

(02:42):
who are in here each and every day, up on the stage, and all the listeners as well.
We do appreciate you.
Let's take a look at the time chain today.
Thank God it's Friday, September 26, 2025.
We are Bitcoin block height number 916,472.

(03:03):
Man, we've been working on this block, 473, for an hour and 10 minutes.
It's something to look at at timechaincalendar.com if you're interested.
And the Bitcoin price is sitting right around $109,500, which means you can still pick up 914 sats for each US dollar.

(03:25):
So interesting stuff.
I was all set to do some fun stuff in the nest today to make up for yesterday.
but now that my devices are, I don't know, maybe there's something working against me, guys, but
it's okay. I take it in stride. I do like this space. I like doing this with all of you guys,

(03:50):
and even if we fumble around and have issues, this is just, yeah, it's part of it,
And so we'll enjoy it while we can.
Before we kick off the show, I want to invite you to participate.
If you'd like to join us up here on stage, always love new voices.

(04:11):
Hit that microphone button in the bottom left.
Purple Pill, if you have comments, questions, memes, or snide remarks.
We'll get to those during the show.
And also wanted to announce, we'd love it if you'd join us
at the Bitcoin Veterans second annual summit, I guess.

(04:33):
And getting lots of messages here.
Sorry about that, guys.
That is going to take place November 10th and 11th in Nashville, Tennessee.
And we would love it if you'd join us.
Bitcoinveterans.org forward slash summit 2025.
And you can also become a sponsor if you'd like.
Check that out.
Again, BitcoinVeterans.org forward slash summit 2025.

(04:59):
All right.
With that, let's see what's going on and see how people are doing this morning.
Let's go to Texas Toast because I think he may have to drop.
Good morning, sir.
And thanks again for covering my butt this morning.
Loading kids in a car.
So this is my sign off.

(05:19):
Have a good weekend, everybody.
Nothing but the best for you and your family this morning. Thanks so much. If it wasn't for you, we'd all be sitting in silence. So thank you, Wade. Thanks for joining us on this Friday. How's it going?
Good morning, guys. I'm looking at an abnormally long time for this block to get cleared. That's kind of got me eyeing it a bit sideways. And I'm also looking at Historic First, the top cop, former head of the FBI. Looks like he's surrendering to the U.S. Marshals today. First time living in interesting times, guys.

(05:56):
That is for sure. And don't lie. That's a reminder to you all. Keep it honest. Keep it positive. Otherwise, you may be facing the same fate as the disgraced James Comey.
Neil, how are you doing this morning?
I'm feeling a little bit better. Still under the weather. But the nice thing is Bitcoin can't lie. So that's pretty cool.

(06:21):
Man, that is so true. Pubby, how's it going?
Yeah, good morning
But paper Bitcoin can lie
So yeah, just get the real stuff, self-custody
I'd say good morning, man
Hope everyone's having a good time
Heading into the weekend
Yeah, it should be fun
A fun one this morning
BFP, as always, thanks for joining

(06:42):
How's it going today?
Great, Bob, thanks for having me
Enjoy the space
Or I enjoy the space
I should say
No birds today, huh?
I did want to say good morning as well to our resident Knott's node runner, Eric.

(07:02):
How are you?
Good morning on the BV handle.
I'm doing well, Bob.
A little technical difficulties, but that ain't no hill for a stepper like you.
Yeah, we'll roll with it, right?
So it's all good.
But this is, you know, I'm not really here to entertain you guys.
But I'm guessing that some of you guys are entertained by my fumbling.

(07:26):
So hopefully we can run the rest of the show through my laptop instead of my phone, which I usually use.
So my microphone might sound a little bit different, but that's OK.
Hopefully we can run the show this way. All right.
So, yeah, I do want to touch on a couple of things.
We kind of talked a little bit about it.

(07:48):
We could start off with what you guys think about this huge indictment coming down for former FBI Director James Comey.
Also thought it would be a good idea since we're talking with a bunch of veterans to hear your guys' thoughts on this call from Defense Secretary Pete Hegseth ordering an urgent meeting for all higher command all in one place, nonetheless.

(08:17):
And so I wanted to start off with those two things. I know we usually talk about Bitcoin, but I think these are wild times and we should be talking about this other stuff as well, because I do think it's one, interesting, and two, if we're looking at it through the eyes of Bitcoin, maybe give the audience some sense of what's going on.

(08:40):
So let's go with BFP first.
yeah i just had a short take on the um fbi line and and what i also saw this morning was the 275
plain clothed fbi at the j6 i don't know why it was so obvious to me when that all went down that

(09:05):
it was a setup because all I did was glance at a TV, which I don't really watch TV, but
I saw it on TV.
I'm like, that's a scam.
And I just walked away from the TV and carried on.
And then as the years went by, I just couldn't believe, like I talked to a Democrat when I
was incarcerated, who was like a lawyer and very well-to-do, smart guy.

(09:30):
he couldn't believe that I thought it was
you know
agent provocateur
but I guess if you're a
I'm not a democrat or a republican
I think it's you know
both of them are on the same team
and they're a lot
I mean I'd
with a gun to my head I'll take Trump over
the last regime but

(09:50):
it's not a
fair fight and
they're definitely lying up there
and it's all
infighting so
it's so blindingly obvious and it's, it's scary how it's a psyop so many people to,
to believe in that nonsense. That's, that's my short take. I don't know about the Hegsa thing.

(10:14):
Yeah, it's, uh, there's a lot we can say about this, I think. So Wade,
uh, would love to hear your thoughts, sir. Yeah. I mean, if, if we put, you know,
all the FBI directors on a line and figured which one we were going to indict first,
I figure it probably would have been, you know, J. Edgar Hoover, but he made it, you know, off to the ethereal plane, I guess, before the chance for that indictment ever showed up.

(10:39):
But just going back to 2015, you know, you know, as far as, you know, Comey setting records and whatnot.
I mean, don't forget, ladies and gentlemen, that in 2015, Comey is the FBI director, seized control of the Department of Justice and issued a prosecutorial declination regarding Hillary Clinton, regarding the email server scandal.

(11:01):
So I think it's important to keep that in context. So he was kind of the one who initiated these extraordinary times.
And, you know, when you when you get such a high profile in that regard, you know, it shouldn't be unanticipated that he's being held accountable for his sworn statements in front of Congress.
In regards to the Hegseth, you know, you know, pulling in all of the combatant commanders and whatnot to Quantico.

(11:30):
So I think that's kind of interesting because there is a potential George C. Marshall, you know, event there wherein just half of the generals are fired.
And I think that that there's a decent probability for that event to happen.
But who knows? It could be could be something else as well.
Yeah, Poby, you're up next, sir.

(11:52):
Yeah, I'll tell you what, man, just a few things to unpack here.
And as you know, a career not only military, but as a government civilian, I've been attached to the military for over 30 years now.
I do have a little bit of insight into some of this.
First, like with Comey and all of that, and like you say, you know, how many former FBI directors could you pull up and indict them on this?

(12:14):
I think it goes to a larger thing of when you're looking at the three-letter agencies and the trust that has been eroded, something at some point has to be done.
beyond an indictment because what we have seen is no one ever gets held to account, not one person.
So in a way, yeah, that's good. Someone's being indicted here.
But you've got to remember they also had a guy like Clinesmith, probably the first one that had to –

(12:39):
he pled to a lesser charge, but he was an FBI agent that literally changed an email to frame an American citizen
in front of a FISA court to get a warrant.
So that's the trust level people have right now with their government,
is that they are literally framing citizens to get warrants.
So it's not a good look.
I put that on to the 275 plainclothes that are out there.

(13:05):
Are you kidding me?
Not surprising.
But again, how much of this is being fomented by our own government?
Not a good look.
And with the staff officers that go in there, as you know, man, morale starts from the top down.
And when you openly had staff officers or flag officers, people know your generals and above that question, the commander in chief, not a good look at all.

(13:31):
And I think this could be just a come to Jesus meeting about what's going to be unleashed in the next couple of years, getting back to what the military is truly all about and trying to get the politics out of it.
So I'll land a plan there, but thanks, man.
Yeah, probably I wouldn't be surprised if a lot of these general officers got pink slips next week.

(13:59):
That would not surprise me at all.
Everything came down to, you know, going through DEI, everything became so woke.
You forgot that, like literally, at times you forgot you were in the military, man.
Everything was more about feelings and can someone meet the standards?

(14:19):
Can someone pass this physical fitness test?
You know, we've lost the entire plot on that.
And we got to get it back.
Yeah, guys.
Sorry, having a little technical difficulties yet again.
And also, My Spaces is showing everybody on stage, except for Eric has their hands up.

(14:40):
So I apologize for that.
But I think you got me back here.
So I shouldn't have changed the space title from bloopers.
But, yeah, you know, I wonder what you guys think about this whole Comey thing with, you know, I know that we're kind of bouncing back and forth, but I was thinking about this.
Like, does this are we going to see more?

(15:04):
Like, is this just the beginning?
Are we going to see more indictments from other people?
Does, you know, they've kind of floated the name of former President Obama.
Do you guys think that this is just the beginning or is this really just to say, hey, we want to make a splash and it ends here?

(15:24):
What do you guys think?
John Bolton is already under scrutiny.
I mean, there were search warrants executed for him and whatnot.
I mean, like, guys, we're talking FBI director, national security director.
I mean, these are huge, hugely important national security critical positions.
It seems like it's no holds barred.

(15:50):
Yeah, I'm rearranging the stage. We're going to get Shane up here.
And if anybody else wants to chime in on that, I like those comments.
But good morning, Shane. Thanks for joining us.
We were just talking about both the indictment for James Comey
and also this urgent meeting that was called next week by the Defense Secretary, Pete Hegseth.

(16:19):
And so just to catch you up, and if you just joined us, we do this every weekday, 10 a.m. Eastern, as long as my technology works.
So thank you all for joining, and welcome to the stage, Bitcoin Jesus.
How are you this morning?
Morning, everybody.
Tune in at the right moment, I guess.
I think this is more theater.

(16:42):
You know, they're talking about Comey surrendering himself to the authorities.
I'm not so sure.
You know, they've been talking about treason in terms of Barack Obama for a while now.
We still don't have any arrests.
We don't have any arrests for the Russiagate stuff.
We don't have any arrests for anything that happened for the 2020 election.
We don have any arrests for COVID We don have any arrests for the Jeffrey Epstein case obviously the glaring beast in the room right now And there a lot of theater there a lot of talk and

(17:14):
there's just absolutely zero action until we've got people who have been tried and are paying
the ultimate price, which is including an up to death for treason of the United States.
I don't think there's there's much to get super excited about, which I don't want to be, you know, I don't want to rain on everybody's parade on a Friday or anything.
But, you know, in terms of this meeting with all the top brass admirals and generals down to brigadier from around the world, you know, that they're going to be bringing in.

(17:46):
I think it's pretty interesting that they're coming into the Marine Corps headquarters there in Virginia.
You know, a couple of things could be happening.
I guess in the perfect world, we'd all like to think that they're bringing in a bunch of people who are not loyal to the United States.
I think most of us understand.
Maybe, you know, for some of the people who have not been in the military, once you kind of hit the 06 level,

(18:12):
which is captain in the Navy and colonel in the rest of the services, that's really a political type of, you know, engagement.
At that point, you're not so much, you know, being promoted on your merits as you are for what you can do for the people who are in higher places, so to speak.

(18:34):
And that's I think that's obviously a huge issue.
It is interesting that, you know, they publicize something like this.
And I think that's one of the things you should keep your eye on is why are you publicizing the fact that you're bringing in, you know, the all of the admirals and generals into one location?
It's not the Pentagon.
and it kind of just raises the question, actually, what's going on?

(18:57):
If it does anything, it begs more questions.
It begs more spotlight.
And there's obviously stuff going on overseas.
But I think one of the real reasons behind this could possibly be the fact that there is so much
that these guys cannot get away from in terms of the Epstein files.

(19:18):
Like this story will not die.
and in terms of turning people's attention away from the Epstein files,
I think they'll damn near do anything at this point.
And that's, I think, you know, I don't want to say scary,
and I'm not here to freak people out, but you should be prepared.
You should have your contingency plans ready with your family,
and you should have, you know, your backup communication plans ready.

(19:43):
This, they've been, you know, looking at peer-to-peer
and near-peer type of fighting for a long time.
That is not Russia. That is not China. That is here for the American public.
Russia and China, you know, military, you know, contingency plans have already been put in place a very long time ago.
When they talk about peer to peer and near peer, that is for the United States of America.

(20:04):
That is for the civilian population. I'm not saying that's where this is going.
I wish in the real world that it was going after a bunch of traitors in the upper echelon of the government in terms of the Department of War.
But I just I am not optimistic that the government is going to fix itself, especially with what's going on and where the public is pushing it.

(20:28):
There's a mass awakening happening right now where I think people see those that are not aligned and do not have the best interests of the United States and are loyal to other nations.
That's going to this is going to be a big problem for anybody and everybody at the top who who is sold out.
So that's my take on this.

(20:53):
Yeah, good stuff.
Neil, go ahead.
Yeah, I was just going to kind of how this all ties back into Bitcoin is just because it's like when the money, the origin source is created, you know, from this just completely unethical, invalid, logically invalid, just shit show.

(21:14):
you know everything springs from fiat and the politics the the the military industrial complex
like all those things like all the incentives are aligned to bring to make people cheat and do the
like it brings out the it's it doesn't align incentives in the correct direction it's you

(21:38):
know literally completely inverts it so it's like when we talk about like oh do we expect more of
this to come on. I, I'm pretty sure that if you had to bet, uh, is, is like, I don't know how much
speed, how much speeding is there, you know, versus how much, you know, people get caught.
It's like, I think that's the exact same ratio of what we see to what's actually going on under

(22:03):
the surface, the iceberg analogy or like rotten to the core, like whatever. Like,
I think if we actually knew the truth, it would probably just like, you probably couldn't like wrap your head around the levels of depravity that is just completely normalized in those circles.
So it's like, you know, that's why Bitcoin is just, it's more than just, you know, the nominal gain in the dollar or this or that.

(22:31):
Like if we can, it's a way to just not align, you know, economic incentives, but it also helps, you know, get the all the other incentives, the political, the social, like all those other incentives kind of get them back on course.
You know, so we're aligning individual self-interest with collective good.

(22:55):
Like we need that principle in every domain. And, you know, I do agree with Bitcoin Jesus. Like this is all just theater. This is all like whatever they're saying, look at. It's just I'm always what what's what are you doing with the other hand? What's what's going on that's more important that we're not supposed to see?
I don't know. I try not to get too pessimistic in my understanding, but I just think that's more of a realistic kind of understanding of what's actually happening.

(23:27):
And my time in the military, you know, I it disgusts me the, you know, as an officer, you know, you're supposed to be serving, you know, the unit, the army, the greater the collective whole before yourself.
Like people talk about their careers. Oh, I got to do my career.

(23:48):
It's like that pisses me off beyond belief because like you're not entitled to a career.
You're there to lead. You're there to do a job.
and to serve others, you know, servant leadership, like that's the whole idea.
And when you're calculating and making your little moves so you can get ahead of, you know,
other people, like cutting people down so you can step on their bodies, like that is the game.

(24:14):
And it goes higher, the higher and higher you go, it just gets more extreme. So it's like, you know,
everybody is like, oh, I'm a straight arrow. I'm going to, you know, I'll just go get up into a
high position and then I'll be able to, you know, affect change and make everything better.
It's like, no, no, the system is going to bend you because if you don't bend to their

(24:36):
will, you won't, you won't actually go higher.
So like, I don't think that these, you know, maybe there's one or two that gets through,
you know, some crazy good general.
But for the most part, I just have complete contempt and disgust for these people that
are going to be meeting here.
They're probably all fat as fuck, can't do shit.
But I don't want to know what they had to sell to get those positions.

(24:57):
But I just look at the proof as in the – what's the proof of their work?
What are they doing?
And I don't know.
I don't mean to get this off on – I don't have a lot of respect for the military for what it's become.
I have a lot of respect for its ideal and what I thought it could be.
And maybe that's – I'm a little angry at myself too because I drank a lot of the propaganda.

(25:22):
I swallowed a lot of that stuff, and that's on me.
But I don't know.
I think it stems from the money, though.
I think if we can get those incentives right, I think maybe there's a chance.
But I'll just stop.
Sorry.
Man, I was hoping you'd keep rolling.
No, I'm just kidding.
That was good.
I'm not sure, guys, with my glitchy space here, if Wade and BFP have their hands up.

(25:47):
But BFP, go ahead.
I was just going to say it doesn't say in government we trust on our U.S. dollar or fiat currency for a reason.
It says in God we trust because they want you to believe in the dollar.
And as more and more of this theater and infighting it, I think it's a combination of theater and politics being played out on a stage.

(26:16):
and it's eroding trust in our government, which erodes trust in the U.S. dollar worldwide.
And that comes first, then it erodes in our own country.
And that is ultimately, which makes me an eternal optimist, good for Bitcoin.
And Bitcoin is the only life raft we have out of this hellscape of a fiat debasement slash government, you know, trash fire burning out of control right now.

(26:49):
So that's my two sats.
Hey, man, we're trying to keep it positive.
Wade, go ahead.
I just I would not fully discount everything that the administration is doing and saying as theater, because I think it's apparent that whatever the administration's next steps are, they're contingent upon one, having the Department of Defense and the brass and the troops on sides.

(27:16):
You don't call a meeting like this unless your intent is to flex and make sure that everyone is on sides.
And two, you don't indict the former.
You do not indict the former head of the FBI unless you're aware or you have the intent to have a chilling impact upon all the other three letter agencies.

(27:36):
This is a show of force.
And it's whatever the next administration's steps are, they're contingent upon having a chilling effect and keeping the relevant powers on sides.
And when you look at what the administration's industrial policy has been this morning alone with the notices of all the additional tariffs, the intent of the administration, the publicly stated intent is that we are going to onshore scarce desirable critical defense production assets and doing it across the board.

(28:13):
And I don't know if that is part of the conversation that he's going to have with the brass that, hey, this is a national security imperative and you guys need to either get on side or get the hell out.
But this is the stated policy of the administration is to reverse 30 years of deindustrialization.
industrialization.

(28:40):
Anybody else have their hands up? I can't see.
No, no hands.
The flow on Friday is messed up here.
You know, one thing I'd add, it is interesting is I don't remember a time when you usually
announce to the world where all of your top brass and leaders from the military are going
be hanging out in one space. So I don't know about all of that part of it. But yeah, I think

(29:05):
we are at a point, I know I am, where, look, people need to be either in jail or, I mean,
or hanging from the end of a rope at this point, if the allegations are true. There's got to be
some sort of accountability. If not, everything is lost in the eyes of the public trust, in my mind.
yeah what do you guys think and do want to welcome cameron to the stage but what one thing i wanted

(29:32):
to ask the panel here is uh like isn't this like a huge security threat like or or just like it
reeks of uh you don't you don't bring together every and you know i'm not even a military veteran
i host the space but you guys let me do it so here we are uh but i don't i don't understand it

(29:53):
Like, why would you, one, tell everyone that you're doing this?
And two, why do it in the first place when you have, you know, these are, whether they're fat or not, Neil, these are important people.
And so I just wonder, like, what are your guys' thoughts why these fat guys are all getting flown into Virginia from all over the world?

(30:16):
Because there's no threat, Bob.
There is no threat.
could be it could also be the uh the fact that they might be taking a temperature so to speak
um when whenever you do something like this and you bring people in you're you could be you know
posing a question to them and i'd be interested in the way they do this you know if it was by

(30:37):
secret ballot or by you know uh personal interview with each one of them but there's i imagine at
some point there's going to be a question asked. I don't know what that question is.
You know, would you move against people inside of the United States? Would it be martial law?
You know, there's a number of different questions. War with Russia, war with Israel,

(31:01):
you name it, man. There's a bunch of stuff on the table right now that we're not privy to.
And this could just be a temperature check to make sure that everybody who goes forward
is more or less aligned with where the administration wishes to push.
Yeah, it is a good point.
Cameron, wanted to go to you, see if you have thoughts on any of these topics or really any other.

(31:23):
It's kind of open free for all Friday.
One thing I was going to transition to, though, at some point is if anybody wants to hit that purple pill and see about this.
AC so graciously posted in the comments.
Thank you for that, sir.
this, yeah, basically this post from Brandon Quittem about how to protect yourself during

(31:45):
the fourth turning. And so I'm interested to hear people's thoughts on this. And if you're
following along, please do hit that purple pill and you can see AC's post there. And maybe we can
go through some of that because I do think while a lot of Bitcoiners are ready and prepared that

(32:07):
that there's some probably gaping holes for all of us that we probably need to pay more attention to.
And so as this conversation kind of bleeds over, you know, hopefully, you know, I'm not I don't want to fear monger.
I don't think Shane's doing that. I do think that this is just yet another reason,

(32:28):
like why we would look at these these types of things and try to get better.
So I'll give Cameron a chance, but also see Yomar's hand, I think, with my lagging spaces here.
As a preliminary, I just wanted to say hi to Publord, who I haven't spoken to in some time.

(32:52):
So how are you, Publord?
Good, Cameron. Good to see you. How have you been? Good to see you, man.
Good to see you.
I don't know how you guys spend as much time as you do in Twitter spaces,
but it's always a privilege to be in a space with you.
I was just going to say a few things.
There is an idea that's well established at this stage,

(33:15):
and it's totally wrong in my judgment.
I'll explain more in just a moment.
But that is that elections matter, that they have consequences.
That's one idea that I think is increasingly discredited.
The second idea is that the elite are supervillains that are playing a video game on God mode.
I think that that facade is going to crumble shortly if it hasn't already.

(33:40):
And thirdly, that the chaos that you see in the administration and I think that chaos is pretty widespread,
whether it's disruption of the Fed or it's changing the landscape in DOD or it's the fiasco that's happening in Israel.
in Ukraine, that chaos is chaos.
It's not pethered to some broader strategy.

(34:03):
When Trump was elected this is the second time he was elected in three tries The mandate was very clear as it was when he was elected in 2016 And that was effectively to do three things It was to de conflicts overseas
That has been an obvious failure for reasons I can elaborate on in just a moment.

(34:25):
The second was fiscal retrenchment.
And that was ostensibly why Doge was stood up, and that has failed categorically.
And thirdly, it was basically to reorganize the federal government, which is it's not just that it's corrupt.
A lot of people have said that, yeah, it is corrupt, but it's also an anachronism.

(34:47):
It is largely shaped by a paradigm of the 20th century, a paradigm that's dead.
Whether you're talking about the Fed, which, remember, is an institution that goes back to 1913.
That's 100 years ago. And they're trying to understand markets that are completely different today.
or you're talking about Medicare and Medicaid, which are outgrows to the great society.

(35:08):
Again, from the 1960s, we're designed to fight a war on poverty that was lost a long time ago.
Same thing applies to Social Security.
And the Defense Department itself is an anachronism.
We have effectively two armies.
We call them the Army and the Marine Corps.
We have two Air Forces.
We call them Naval Aviation and the Air Force.

(35:31):
And all of these are basically budgetary black holes.
And we have a procurement system that's designed to subsidize those industries that is a grift machine and hasn't had proper oversight or supervision for decades.
It's basically been a mechanism by which people in power get very rich on bullshit contracts that never peter out, which is why our defense establishment is in total disarray.

(35:54):
So if you consider those broader points, you have to look at the present moment that we're in.
We are facing a financial catastrophe.
We're borrowing a trillion dollars every hundred days.
And whatever the Fed does at this stage, inflation continues to go up, as do interest rates.

(36:16):
That's breaking their economic models.
And they don't really know what to do about it, which is why there's dissension on Fed for the first time in 30 years.
And that dissension is well-founded. It's founded on paradigms that are broken from economic models that no longer apply to the landscape that we're in.
So across the board, not just financially, but domestically, we have a mass crisis.

(36:40):
We have federal agencies like ICE that are unable to get control of metropolitan areas, whether you're talking about Chicago or Los Angeles or what have you.
They're ill-equipped. They're not properly led. And they're operating in a governmental framework, which is incoherent.
Right. Who's in charge of this effort? What is the strategy? What is the legislative framework?

(37:04):
None of those things really exist. So you have a president who's old, who doesn't really understand the structure of government that he's operating.
He tweets a lot. He makes a lot of statements that periodically resonate with people.
But his policies make absolutely no sense.
You take tariffs, for example. Tariffs are something that can work, despite what the Austrian schools say.

(37:27):
But tariffs are a protective mechanism.
Countries around the world use tariffs to protect industry that already exists.
It is not a mechanism by which you reshore manufacturing.
One other thing I'll say before I pause is that if you want to rebuild the United States economically, what you have to do is definancialize.
The problem with the United States, more than anything else, and I would say the Western world in general, is that the funding mechanisms that allocate resources to cultivate growth are centered in Wall Street and Silicon Valley.

(37:58):
Both of those mechanisms are broken.
They have nothing to do with growing real industry, which is why we haven't built a refinery in decades.
It's why our nuclear capacity is waning.
It's why we don't have the human capital that the Chinese, China is the leading industrial power in the world.
And that's not an opinion. That's a fact.

(38:19):
Their industrial capacity is double what the United States is.
So we're in a very precarious situation.
The good news, however, and I'll finish on this, is that the structure of government is beginning to crack.
It's breaking. And that's exactly what we need.
We need a new constitutional order. We've got to overhaul the two party systems.
We need a post constitutional regime. And that's going to come from outside the system.

(38:45):
The system itself is so broken. It's so hopelessly corrupt and anachronistic.
It cannot fix itself. So it needs to crash sort of like a company that's being liquidated and restructured.
And then we can rebuild it. That is going to be a messy process. It is.
But that's what's required. And that is ultimately what I think new political forces or what I would call mass mobilization that's happening across the Western world.

(39:10):
That is what it's going to do. So these are exciting times.
There's going to be a lot of collateral damage. But on the other side of this, you're going to see a renaissance in the United States and across the West,
provided people like you gear up, strap yourselves in and do the hard work necessary to reorganize the system.
yeah cameron thank you so much for that uh yomar wanted to go to your hand and then we can go to

(39:38):
wait go go ahead guys hey what's going on guys um can you hear me all right i'm on my phone i'm
usually on the pc all right cool um yeah i just want to say like with the with the general like
meeting and stuff that hexath i don't think it's like a war or anything i know there's been like a
lot of like speculation but like we have mechanisms in place to uh you know to issue orders and to
have them executed without dragging everybody to those like a central spot,

(40:00):
you know, to make them a big target.
I think what we're seeing there is probably like,
I think it's going to be, you know,
just given the timing with like the rhetoric around like, you know,
quote, like radical leftists and stuff.
I think it's going to be more like a,
like a purge of anybody that they, they fall,
they think falls out of line.

(40:21):
So I think that's where that's going more so than like, you know,
let's get everybody together to go to war with Russia.
It'd be a pretty terrible idea, I think, actually.
So and then like how that purge will go, I doubt it'll go well.
I think there's gonna be a lot of backlash and pushback, you know, from from all different levels and angles and legal challenges.

(40:43):
And it'll just be more disarray and chaos, which, you know, kind of leads into like what Cameron was saying about how the government is kind of breaking.
I mean, I think that's the effect of, you know, our population is so complacent that they'll just elect whoever's got the name, the right letter next to them.
Right. So we have these 85 year olds running the country, both in Congress.

(41:07):
And then we have, you know, Trump's what, 80, 82 or something.
I don't know where he is. He's old, you know, like, you know, you could be a sharp old person, but you're not going to be as sharp as somebody that's 10, 20 years younger than you.
You know, I think there's a there are founders where, you know, they put the minimum age in, but I don't think they ever foresaw the the greed.

(41:30):
I guess they did see it, but they didn't think it would carry on until that age.
Right. So like that, we'd have these greedy and competent people well into their 80s trying to run things so that they could still get a paycheck.
So, you know, there definitely has to be something done about that.
And, you know, like the I do think that there's going to be a shift.

(41:52):
I think we see it.
We can see like the powers around the world kind of flexing against the United States.
I mean, Trump was vocally like, you know, like a kid having a tantrum, threatening our allies to not recognize a state of Palestine and threatening them with tariffs and threatening trade deals.

(42:13):
all these all these levers and leverage that he was trying to use against them in many states still
many countries still did go ahead with that and then from the reports I was seeing on the
meeting he had with the Arab nations his tune changed a lot there you know he's saying now

(42:33):
he's saying like you know he won't let Israel annex the West Bank and blah blah blah so I think
that there is uh you know and i said this before he was elected like if he ran if he did but he
actually ran on we'd be in a much better spot because what he ran on was kind of accepting the
fact that our country's in decline and shifting focus to like uh our country and not all around

(42:56):
the world and then once he was in he very quickly kind of pivoted to just be you know your standard
neocon trying to rule the world and we're not in that state anymore you know like what um our
manufacturing capacity. He's a fraud, brother.
He's bought and paid for.
Yeah. Like, our
manufacturing capacity is nowhere near enough
to supply all these

(43:17):
wars that we want. You know, like, people are
theorizing if we get into a war with Russia,
like, it'll be catastrophic.
Our supplies were tapped out two years
ago, you know? Like, when we
before October
7th, you know, there was people ringing
think tanks, ringing the alarm bells
about how we're draining ourselves
for Ukraine, and then we ramped
up like significantly to support the complete devastation and genocide in Gaza.

(43:45):
You know, it's like I don't know what our munition supplies are now, but I imagine they're severely depleted because we've been supporting Ukraine this whole time.
We've been supporting Israel this whole time.
We don't have like the capacity to manufacture the munitions to fight like a full on war with some other country.
so it's wild to me that we're even doing what we're doing in Venezuela

(44:08):
I had thought in the past that we were going to withdraw from Ukraine
and have less of a footprint in the Middle East and kind of shift
over to shift back towards the Monroe Doctrine
but we're just going full bore on to everything and it's just going to be a disaster
and China is in the position
and they're doing it, we're blundering so much on the

(44:30):
political capital side of things that
pair that with their industrial capacity
and their trade deals
they're definitely
putting themselves into a position
of power
the ideal state
is a multipolar world and if we keep
blundering around it's not going to be multipolar
it's going to be unipolar and we're not going to be

(44:51):
the one at the top
that's all I got
I think I see Wade with a hand up.
I couldn't agree more with what Cameron and Aomar just stated.

(45:12):
Just a couple of specific examples.
Reviewed a couple of line items that were defense related throughout for the 2025 budget this week, which is just what I do.
The defense side of the DOE budget year over year is up 25 percent for weapons and weapons related activities.
guys. Last year, it was $19 billion budget. This year, $25 billion budget. We do not have the labor,

(45:39):
the material. We do not have the money to continue funding these obligations, which we have. And it
seems to be that I think there's universal consensus that there's a lack. The interagency
is in agreement. There's a lack of national strategy. And when there's a lack of national
strategy. Historically, the sovereigns call together a council of war and they put together

(46:01):
a, you know, they enforce consensus upon the, you know, the interagency. And I think that's
potentially what we're seeing here. But we just see these continuously like ridiculous bullshit
claims. I mean, the Secretary of Energy is claiming he put six gigawatts of power on the grid,
which he didn't. We're claiming we have, you know, defense industrial capacity, which we don't.

(46:25):
I mean, we're lying to the public. We're lying to ourselves about it. And we don't have the budgetary or the industrial resources or even like the labor or the critical materials required to do the types of things which we're claiming that we can and want to do.
Another specific example of that is the open source reporting intelligence that we burned up 20 percent of our entire interceptor missile stockpile during the 12 day war between Israel and Iran.

(46:54):
That's just another specific example. And the budgets can't sustain this.
And DOD and DIA have been saying it for 10, 20 years.
Yeah, I would just I would just add to that real quick that, you know, you guys have to understand that the reason why Donald Trump was elected president is because of Miriam Adelson.
It's because of AIPAC. They're the same people who put Pete Hegseth in his secretary of defense.

(47:19):
And these people, Trump included, they have no business being in the positions they're in.
Now, that's been true for a lot of people at the top of the U.S. government for some time.
The difference is that today we've got an accelerating and escalating crisis.
We've got a crisis. We have an economic crisis. We have a racial crisis in the United States.
And we need real leadership that is free from foreign subversion and foreign power.

(47:44):
And we don't have that. Donald Trump is aggressively compromised, which is why he's doubling down on wars that make absolutely no sense to the United States.
And he knows, I suspect, that we don't have the industrial capacity to do what we're doing.
But his whole government, and I would break it into three, try to think about things like this.

(48:05):
There's the elected government.
That's Congress.
They're worthless.
They're all compromised.
AIPAC owns all of them.
And you don't have to believe a thing I'm saying.
Just look at the donations in their coffers.
That's one part of the government.
The second is what I would call a triad.
And the triad is basically your intelligence suite, which consists of the FBI, the CIA, and the NSA.

(48:27):
And then you have DOD and DOD and the intelligence suite have been penetrated by these folks for a long, long time.
I would say there's probably very little daylight between Mossad, MI6 and the CIA.
This is a big problem. OK. And the third component of government are basically the government contractors, the NGOs, the nonprofits, the think tanks.

(48:52):
And a lot of that is the machinery of government. You never elected. You have no idea who these people are, but they're all of one mind. And that is they're either Zionist directly or indirectly, or they're part of the feeder systems that we just described. So they make their money by perpetuating the status quo.
You're not going to get any change unless you remove all of those people.

(49:14):
And that was the hope of Donald Trump. But that was a fiction.
It was a fantasy. And we're going to solve these problems.
We need to let go of that fantasy.
We need to realize that Donald Trump and his administration are careening into a fucking ditch because that's what's happened.
Cameron, do you think that this is I'm just curious.

(49:36):
Do you think that this would be the case no matter who's in power?
I mean, it's kind of like, you know, it seems like we just prop up these leaders and expect something different when the system is so broken that maybe they derail it or make it worse.

(49:56):
But I guess I'm just curious as to your thoughts, like who else?
And would there have been a better choice to have someone take us into the next, you know, three and a half years?
Yeah, this is the right question to ask. And the answer is no. It would not have mattered who was in there.
And I mean, if you're being honest, what's the real difference between Trump's policies and Biden's?

(50:17):
There really isn't much. But I want to give you a couple of historical examples to substantiate my claim that foreign entities control the U.S.
government. It has been unredacted to some degree, but it still hasn't really been disclosed.
That's part of part of the folks that offed Kennedy in the 1960s were the Israelis. And part

(50:40):
of the reason that likely happened, and I say likely because I don't know beyond a shadow of a
doubt, but I think there's strong circumstantial evidence that they did was because he opposed
their nuclear program. Okay. And I think that JFK, in addition, ran afoul of the CIA because
he didn't want war with the Russians. All right. Now, if you move a little bit beyond JFK, what you

(51:03):
get to is Richard Dixon. And remember that Nixon was elected to end the Vietnam War, which he did,
but it took him several years to do so And Nixon plan really was to shut down and reorganize the Central Intelligence Agency All right Now he actually set up an intelligence group inside the White House as did Dwight Eisenhower

(51:24):
By the way, the National Security Council was not invented by Dwight Eisenhower, but he staffed it and expanded it because he didn't trust the CIA.
That's in the 1950s. OK. Anyway, with respect to Nixon.
Well, we know what happened to Nixon. Right. He was water gated. I'm not saying he didn't do anything wrong.
I'm saying that forces in our government that were opposed to any meaningful reorganization sabotaged him.

(51:50):
And those are the last real meaningful efforts to contain what most people call the deep state.
Again, I wouldn't call it the deep state. I would call it the state.
And I would say the state is compromised. It's broken.
And Donald Trump was, I think, in his first term, more legitimate, but he wanted to be president again.
And so he made compromises. That's very clear.

(52:11):
And I think what happened, and I cannot say this beyond a shadow of a doubt, but I think in the summer of 2024, when Biden faltered, I think a lot of these special interests switched sides.
And they basically told Trump, look, we'll make a lot of these lawsuits go away.
We'll elect you president. We won't sabotage you on Election Day.
Remember, lots of people assumed that Antifa or Black Lives Matter or other ridiculous groups would undermine elections that day.

(52:39):
And that didn't happen. Seriously, everything went smoothly. Well, it's because he made the deal that he did. And what they wanted was wars overseas. They wanted the money flows to continue. And that's exactly what Donald Trump has done. And I think the man is so trapped. I think he's so entrenched in the corruption that all he can really do is make tweets that give him a little bit of wiggle room.

(53:01):
This is how dangerous the situation is, guys. I'm not suggesting that Trump is a bad guy.
You understand. I'm saying he's compromised. And I think all the other elected officials are, too.
And the context of this is that we've got real crises and we have a government that is incapable of changing force.
So, yeah, we're in trouble. This is historically precedented.

(53:21):
And now we're going to pay the price for decades of malfeasance and mismanagement.
Yeah, I mean, the ties between our agencies and Mossad is very clear.
If you look at, I posted in the little pill there an article, I talk about some of it, but it's very clear that Angleton had, his life work was to build a relationship with the Israelis.

(53:48):
And when JFK started threatening that, there was two aspects of it.
One was that he was, at least two that I can think of off the top of my head.
One was the nuclear stuff, which you mentioned.
The other was he was reportedly backing a U.N. resolution that would give Palestinians the right of return.
So what that would mean is that, you know, the state of Israel as a Jewish state would cease to exist.

(54:12):
You know, it'd be at best for them like a 50-50 split between Jewish, you know, quote Israelis and Palestinians.
And the reality is most of them would probably just go back to Europe.
So it would be the end of the Jewish state.
And they expressed that basically as much.
And, you know, if you look at Angleton's testimony after the JFK assassination, you could basically just like see in his responses that like, you know, where his loyalties were.

(54:42):
You can see where they started and then how they shifted.
The people at JFK had pissed off between the Bay of Pigs, the Israelis, there was plenty of people that were willing to and capable of conspiring to take him out.
And then it just followed up by – there's a book, Spy Fail by James Bamford.

(55:05):
Bradford?
Bamford or Bradford, I forget.
um but you know he details how uh we basically like the fbi was watching the people steal uh
nuclear material from us um and like even claiming at the time like oh no they're not doing it um so
like we know for a fact that they are um you know conspiring with foreign agencies against us and

(55:26):
it's kind of uh there's like a there's like a specific phrase for this type of phenomenon but
like when you get like uh somebody corrupt in there like you're never gonna it's not gonna fix
itself because like especially in like an agency right if you think of the fbi like you're promoted
based on you know quote merit right uh if you're the head of the fbi you're not gonna make your like
you know guy that you kind of line up for the job uh to be somebody that is uh you know pure

(55:49):
america first and you know doesn't align with you he's gonna be somebody that's you know
ideologically basically the same as you um and that's how we get this entrenched system where
uh these agencies aren't really doing what's in the best interest of america um and you know i
don't see any way of that stopping you know like the again that was uh cash patel saying that he
was going to give us a museum to the deep state and when if he ever got in charge of the fbi and

(56:12):
now you know he's just finding you know he's out there like with crayons writing on on bullets and
shit um there you know maybe that maybe maybe the bad guys are doing it i don't know either way uh
the the reality is like there there is uh the the hopes of getting out of this are dwindling you
You know, like the getting out of the sun skis, you know.

(56:33):
Go ahead, Cameron.
You want to say something?
Well, there is there.
Yeah, there is a there is a positive side to all of this.
And I cannot stress this enough because yourself and thanks for the book recommendation.
I haven't read that book.
I will take a look at it to be sure.
But what you guys have to understand, and I think most of you do intuitively.
I know Publer understands this and the community does, too.

(56:57):
is that what we're seeing is the demolition of a global financial system that was born about 1815.
Lots of people talk about coming off the gold standard and so forth.
That's all sort of marginal.
What happened at the end of the Napoleonic Wars is that you had a global financial empire

(57:17):
that moved in parallel with the British Empire and was lorded over,
was presided over by the Rothschilds, among others.
It wasn't just them, but among others, to control global money networks.
And they leveraged those networks to acquire political power, to dominate whole economies.

(57:38):
And obviously, their center of operations was originally the city of London.
And in 1914, with the outbreak of World War I, that gradually shifted to New York City.
So you're looking at an Anglo-American financial empire built on a mountain of debt and derivatives, corruption and financialization that's now beginning to blow up.

(58:00):
And this process is not new. It actually started, I think, with COVID in 2020 and then with the Russian invasion in 2022 in Ukraine.
And I would say the inflationary spike, which was obviously the result of massive government printing, stimulus, et cetera, et cetera.
And now inflation's out of the bag and interest rates are rising.

(58:22):
Lots of people are telling you interest rates are going to fall.
They're not going to fall.
They're going to continue to rise.
And that is blowing up the system.
However, as bad as that is, the good news is that we have a mechanism in the Western world that we've never had before to disintermediate, which is a fancy way of saying to cut out the banking system completely.

(58:43):
The banking system is the enemy.
They are at the heart of the system because they're the dark money that controls everything.
So when the banking system blows up, we have a way out.
It's called Bitcoin.
And I guess you could say that the broader crypto industry itself, which allows us to conduct economic activity without a third party that's going to confiscate an arbitrage or wealth.

(59:07):
I can't stress enough how important that is.
At the same time, the reason why the dollar is really in trouble is not Bitcoin just yet.
because the world doesn't really know what Bitcoin is.
But it's the fact that the rest of the world,
specifically the Chinese, the Russians, the Indians, the Brazilians,
most of South America, increasingly most of the Middle East,

(59:27):
who are forming these alternative trade networks
based primarily on the economy of China,
they are de-dollarizing.
And they're de-dollarizing at a record pace.
And what they're doing to de-dollarize is they're re-pegging everything to gold.
Now, a lot of you guys don't cover this too much, but Hong Kong just announced that they're increasing their storage capacity for gold tonnage.

(59:51):
And the purpose of that is so that other non-Chinese entities can bank with Hong Kong and by extension with China.
At the same time, the Shanghai Gold Exchange, which was created in 2002, so that's over 20 years ago, they've been stockpiling gold like it's going out of style.
And the estimates that I suggest that the Chinese have maybe four times the amount of gold that we do.

(01:00:17):
And of course, as they have accumulated their stockpiles, we have reduced our stockpiles.
And there's a lot of speculation about exactly how much gold the U.S. government has.
And I suspect that we certainly do not have what is advertised.
And I have reason to believe that it's a lot less than that.
And the gold people that I trust have talked about that for some time.

(01:00:38):
So we are now not at a once in a century event. We're not at the end of a currency event.
We are at the end of an Anglo-American Rothschild based financial system that's over 200 years old.
And that is going to change the world. Like I said, there's going to be a lot of collateral damage.
But this legacy system and the cadre that operate it, they're going to get washed because the financial system is blowing up.

(01:01:03):
And just so you know, these bailouts, whether it's in Argentina, there's open talk that the UK may need to be bailed out by the IMF.
Same thing is happening in France.
Guess who backstops the IMF?
It's the U.S. government.
It's the Fed.
And we have to bail everybody out because if they go down, we go down.
So this is the nature of the situation that we're in.

(01:01:25):
It's moving very, very fast.
It's a wildfire.
And I don't think there's any way out.
The stablecoin fantasy, that's not going to work either.
So the good news is we've got the tools, we've got the escape valve.
The bad news is the collateral damage is going to be pretty fierce.
Yeah, great comments.
Do we still have Wade's hand up?
I'll give you kind of one last chance, Wade, before we wrap it up.

(01:01:50):
Yeah, just wanted to say, you know, the chaos that the interagency has shown since the 1960s, 1970s has just been absolutely incredible.
And after Nixon gets used to end the convertibility of U.S. dollar and gold, he gets deep-sixed via the Watergate scandal and whatnot.

(01:02:11):
And the entire government is turned over to Gerald Ford, an individual who has absolutely no agency.
And then a peanut farmer from Georgia, Carter, two presidents who were completely out of their depth and had no ability to basically handle what the interagency was up to whatsoever.
And it does. I can't agree with Cameron more. I mean, you know, Bitcoin's a solution, guys.

(01:02:37):
Yeah. And if we take a look again at that post that AC made, I think that's how you combat this.
And what's the number one thing on the list? Protect your wealth with Bitcoin in self-custody.
So we'll say it again for the millionth time.
If you're not self-custidying your Bitcoin, yeah, you're not prepared.

(01:03:01):
So we'll end it with that.
I do really want to say thank you to everybody who is up here on stage.
Please do follow these speakers, guys.
I think they're laying down a lot of good things to make you think and hopefully take action to protect yourself and your family.
So we'll do this again Monday, 10 a.m. Eastern.
We do it each weekday.

(01:03:22):
And, again, I want to thank everybody who was on stage, everybody who listens.
If you had us on in the background, we really appreciate it.
If you're listening later, these are recorded and hopefully posted still.
I got to check on that.
We try to do that so you can listen to these if you miss one.
But that's all I have for you guys today.

(01:03:44):
Enjoy your Friday and your weekend.
We'll see you Monday.
And remember, whatever you do this weekend, make sure you're not shake-coining.
It's like bringing a knife to a gunfight.

(01:04:16):
I heard you on the wireless back in 52
Lying awake and said they're tuning in on you
If I was young it didn't stop you coming through
They took the credit for your second symphony
Rewritten my machine on new technology

(01:04:39):
And now I understand the problems you can see
Oh, oh, oh, I met your children.
Oh, oh, oh, what did you tell them?
Video killed the radio star.
Video killed the radio star.
Pictures came and broke your heart.

(01:05:02):
Oh, oh, oh.
And now we meet in our band of studios.
We hear the playback and it seems so unabashed.
And you remember the jingle used to go.
You were the first one.
You were the last one.

(01:05:24):
Video killed the radio star.
Video killed the radio star.
In my mind and in my car.
We can't rewind, we've gone too far.
Thank you.

(01:06:13):
In my mind and in my car, we can't rewind, we've gone too far.
Pictures came and broke your heart, but now they must take me home.
Radio Star

(01:06:37):
Radio Star
Radio Killed Radio Star
Radio Killed Radio Star
Video Killed Radio Star
Thank you.

(01:07:26):
The End

(01:07:56):
Thank you.