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December 17, 2024 45 mins

ABC and George Stephanopolous have to apologize and pay 15 million dollars for defamation claim against Trump. The government wants to control AI. Jeffrey A. Tucker joins the show to talk fascination with the UnitedHealth Murderer. Carol Roth talks the stock market and Corporate Transparency Act. And Ross Kennedy stops by to talk about the drones being spotted around the country.

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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
The media is forced to pay for Trump's library. We'll
talk about their reverence for the truth tonight. Carol Roth
joins us, what's going on with the economy? What's going
on with these drones? Ross Kennedy is here, Jeffrey Tucker,
what a show tonight? But I'm right, okay, So let's

(00:28):
talk about this media settlement, ABC lies, communism, shared values.
We have so much to discuss tonight. First, let me
ask you something. Do you believe telling the truth is
better than lying? And if you have kids, or maybe
you want one, do you want them to tell the

(00:51):
truth or do you want.

Speaker 2 (00:52):
Them to lie?

Speaker 1 (00:54):
Of course, obviously almost a stupid question. Of course, telling
the truth is better. That's just how everyone thinks, right,
But that's kind of why I asked the question.

Speaker 2 (01:03):
Let me let me stop you right there for a moment.

Speaker 1 (01:06):
This is a mistake we on the right have made
time and time and time again. It's a very human
nature mistake to make a mistake we talk about often
here on the show, the mistake of putting your values,
projecting your values onto other people who don't share those
values at all. I just asked you if you cared

(01:28):
about telling the truth and of course you said, yes,
we're telling the truth is better than mine. But is
there a guy on the sidewalk outside of your house
or did you see one today when you drove by.
Would you think if I asked him that question and
he had to answer honestly, do you think he would
give the same answer you did. Well, you probably say, yeah,
of course what everyone values honesty.

Speaker 2 (01:46):
But that's where you make a mistake.

Speaker 1 (01:48):
You see, there are people all across this planet, for
various reasons, who do not share your values at all,
not even.

Speaker 2 (01:56):
A little bit.

Speaker 1 (01:57):
And the American communist most definitely does not share your values.
He knows what your values are, he can see them.
You're very honest about them, and so he knows he
has to act as if he shares your values, but
deep down inside he doesn't share your values one little bit.

(02:21):
And that's gonna bring us to the media in this
defamation case. Before I get to ABC and George Stephanopolis, though,
as an example of what I'm going to talk about here,
I'm gonna read you a quote. This is a direct
quote from the head of NPR. Catherine Mayer is her name,
and her quote was this. She was standing up on
stage giving a speech talking to a bunch of people.

Speaker 2 (02:40):
This is a direct quote Kathrine Mayer quote.

Speaker 1 (02:43):
Our reverence for the truth might be a distraction, getting
in the way of finding common ground and.

Speaker 2 (02:52):
Getting things done.

Speaker 1 (02:55):
I want you to just digest that for a moment
before we go into ABC, the media and everything else.
Our reverence for the truth, for you, it's a good thing, right,
and you would think the media media organization would really
treasure that.

Speaker 2 (03:09):
But the head of this.

Speaker 1 (03:10):
Media organization, in a moment of honesty, said, I have
a distraction, but a distraction from what. A distraction from what,
from reaching a consensus and getting things done. You see,
you think everyone shares the values of telling the truth.

Speaker 2 (03:32):
But that couldn't be could couldn't be less true.

Speaker 1 (03:36):
They don't share those values at all. They know they
have to act as if they share those values. But
for them, the most important thing is not the truth.
It's certainly not informing you. The most important thing is
getting things done. And sometimes that means lying. Really, that

(03:57):
rarely means telling the truth. And that that is how
the corporate media, which is all communists in this country,
that's how they have operated for decades and decades now
it's much much worse now than it ever was. It
was always bad. There's always been yellow journalism, evil journalists.
But today all you have to do is go look
at the ideology of the journalism schools in this country

(04:19):
and you will realize that whenever you turn on the
television abcnbccbs MSNBCCNN, pick your channel, pick your publication, Washington Post,
New York Times, those are all communists.

Speaker 2 (04:31):
They're all died in the wool communists.

Speaker 1 (04:34):
And they believe getting things done is the most important thing.

Speaker 2 (04:39):
Oh of course they know.

Speaker 1 (04:40):
They have to use phrases that kind of appeal to
your values and my values.

Speaker 2 (04:44):
That's why they say things like.

Speaker 1 (04:45):
Well, we have to speak truth to power. They love
saying things like that, or we have to inform voters.
But remember, truth isn't secondary to these people. It's very
common for us to describe it that way. For them,
truth is just secondary. Truth is not involved in the
equation at all. They're not concerned with that at all.

(05:06):
They're on a mission. They're on a mission to destroy everything,
and the truth, frankly, is a ridiculous thing they never
even consider. And this is just how they operate. When
I come into the studio every single day.

Speaker 2 (05:27):
I'll tell you this.

Speaker 1 (05:27):
When I show up here in the studio, every day,
I get a cup of coffee. We have a little
coffee machine in this little kitchen, and I go and
I get a cup of coffee. It's a matter of routine.
It's just what I do. I get a cup of coffee.
Start looking through things. For the American media, for the
corporate media, their cup of coffee is lying. They lie

(05:48):
about everything at all times, and.

Speaker 2 (05:51):
They always have.

Speaker 1 (05:53):
That's just how they do business. They're on a mission
tell them the truth. And so George Stephanopolis a little
while back on March tenth, twenty twenty four, on why
I Can't talk right now, sat down with Nancy Mays
and set it out right live.

Speaker 3 (06:09):
You've endorsed Donald Trump for president. Judges and two separate
juries have found him liable for rape and for defaming
the victim of that rape. How do you square your
endorsement of Donald Trump with a testimony we just saw.

Speaker 4 (06:22):
Well, I will tell you I was raped at the
age of sixteen, and any rape victim will tell you
I've lived for thirty years with an incredible amount of
shame over being raped. I didn't come forward because of
that judgment and shame that I felt. It's a shame
that you will never feel, George. And I'm not going
to sit here on your show and be asked a
question meant to shame me about another potential rape victim.

(06:45):
I'm I'm not going to do that.

Speaker 5 (06:47):
No hard it was to tell my story five years
ago when they were doing a fetal heartbeat bill, when
there were no exceptions for rape incest or rape or
incest in there. I had to tell my story because
no other woman was coming for us, no rape victims
were repped, resented. And you're trying to shame me this morning.
I'm just saying I find it offensive and this is
why women won't come forward.

Speaker 1 (07:08):
Yeah, Setting aside Nancy Mason's comments, what Stephanopolis said right,
there was a lie and it wasn't like a shade
of the truth, well a manipulation of things.

Speaker 2 (07:21):
It was a black and white lie.

Speaker 1 (07:24):
Donald Trump was not found liable for rape, a black
and white line. And now we have entered a new era,
and it's going to be a brutal, brutal era for
the American media. Who's used to having that cup of
coffee They're used to being able to simply tell those lies.
Donald Trump sued ABC and George Stephanopoulos was about to

(07:45):
have to go sit down for a deposition under oath.
He was going to have to open the books, if
you will, all those emails, all those texts. What might
he have found there? We don't know, because ABC, so
nervous about the prospect of that, decided to go head
and stroke a fifteen million dollar check to Donald Trump

(08:07):
for the lie they told on camera, and in a
hilarious moment of irony, that money is actually going to
go to pay for Donald Trump's presidential library. You know
how every president gets a library when they're done ABC
lying about Trump. They're gonna pay for Donald Trump's presidential library.

(08:27):
But that isn't That isn't even the most shocking thing
about all this. Again, every single day when I come
into the studio, I get a cup of coffee. It's
just a matter of routine for the American media. Lying
about people on the right is simply a cup of coffee.
It's how they've always operated. ABC just wrote a fifteen

(08:48):
million dollar check for what George Stefanopolis said right there
on camera, and MSNBC after this said the same thing.

Speaker 6 (08:57):
I'll just say, I mean, this feels like it has
a real chilling effect. Like I mean, shout out to
the standards department. Okay, standards is always making sure that
we are keeping the bar high and substance of inaccurate.
But what George Sethanopolis said in that interview, I mean
it seems to hold up. And what the judge said
after the back and now he's a news organization and himself,

(09:18):
George Hepannopolis himself is paying a million dollars of his
own money to the lawyers and ABC and fifty million dollars.
It's insane.

Speaker 2 (09:30):
They can't help themselves.

Speaker 1 (09:33):
Why can't they help themselves because telling lies is simply
what they've always done. All communism focuses on control of information,
because all communism is evil, horrible, people will hate it,

(09:53):
and therefore they have to lie about everything at all times.

Speaker 2 (09:59):
Truth is no secondary to them.

Speaker 1 (10:01):
Truth is outright banned, it's not even allowed. They would
never be able to function in any kind of a
system where they had to be honest about their plans,
about the results of their plans. You realize if the American.

Speaker 2 (10:16):
Corporate media told the truth.

Speaker 1 (10:18):
About Democrats and their policies. There would be no Democrat Party.
They would be so wiped out from coast to coast nationwide,
the party itself would cease to exist and they would
come up with some kind of a new party. That's
how unpopular these people would be without an ocean of lies.
Their entire existence is built on a foundation of lies.

Speaker 2 (10:40):
They don't know any other way.

Speaker 1 (10:42):
And to piggyback on this, to put a little cherry
on top of this, I should say Mark Andriesen's one
of these corporate CEO types, you know, career lib who's
come out in support of Donald Trump and speaking against Democrats.
He was talking about AI, artificial intelligence, and what he
says here on camera is some of the craziest stuff
ever unless you accept the people we're facing, our communists,

(11:05):
who believe in controlling information, all of it at all times.

Speaker 7 (11:10):
We had meetings in d C in May where we
talked to them about this, and the meetings were absolutely horrifying,
and we came out basically deciding we had to endorse Trump.

Speaker 4 (11:18):
What did you hear in those meetings?

Speaker 7 (11:19):
AI is a technology and basically that the government is
going to completely control this is not going to be
a startup thing. They actually said flat out to us,
don't start don't do AI startups, like, don't don't fund
AI startups. It's not something that we're going to allow
to happen. They're not going to be allowed to exist.
There's no point. They basically said, AI is going to
be a game of two or three big companies working
closely with the government, and we're going to basically wrap

(11:40):
them in a you know, I'm paraphrasing, but we're going
to basically wrap them in a government cocoon. We're going
to protect them from competition, we're going to control them,
and we're going to dictate what they do. And then
I said, well, I said, I don't understand how you're
going to lock this down so much, because like the
math for you know, AI is like out there and
it's being taught everywhere. And you know, they literally said, well,
you know, during the Cold War, we classified entire areas
of and took them out of the research community, and

(12:02):
and and and like entire branches of physics basically went
dark and didn't proceed, and that if we if we
decide we need to, we're gonna do the same thing
to the math underneath AI. Wow, And I said, I've
just learned two very important things because I wasn't aware
of the former, and I wasn't aware that you were,
you know, even conceiving of doing it to the.

Speaker 1 (12:19):
Latter AI Way of the Future stuff, artificial intelligence stuff.
The Biden administration called in the big shots and said,
don't even bother starting anything. We intend to control it all.
They don't share your values at all, and they certainly

(12:41):
don't share your reverence for the truth. Will be an
interesting new world now watching these people have to write
checks for every lie they tell. All that may have
made you uncomfortable, but I am right. Jeffrey Tucker is
going to join us next talk about the United Healthcare CEO, murder,
the reverence for the murder, all kinds of creepy stuff

(13:02):
out there. Before we get to him, let's get to this.
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Speaker 2 (13:11):
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Speaker 2 (13:58):
We'll be back.

Speaker 8 (14:04):
Elizabeth Warren obviously understands killing and murder and shooting somebody
in the back is totally unacceptable. But what I think
has happened in the last few months is that what
you have seen rising up is people's anger at a
health insurance industry which denies people the healthcare that they

(14:29):
desperately need while they make billions and billions of dollars
in profit.

Speaker 1 (14:37):
Well, of course, shooting somebody in the back is wrong,
But and then he goes on to explain exactly why
it was justified. Of course, this is the same Bernie Sanders,
one of his supporters, showed up at a baseball game,
softball practice, forget what it was. GOP's congressman there and
Guy showed up and tried to murder everybody. He was

(14:59):
a huge Bernie Sanders supporter, tried to do it because
of the things Bernie Sanders told him all the time. Interesting,
how often violence follows these people joining me now? Jeffrey
a Tucker founder and president of the Brownstone Institute. Jeffrey,
it is so wild, how how often political violence gets
traced right back to a communist.

Speaker 2 (15:19):
It's almost as if it's in their nature.

Speaker 9 (15:23):
Yeah, this is there's a deeper issue going on here,
and it's not even the communists. This is this is
an attempt to change the narrative structure of our times,
where we're seeing all these preference cascades. Everything's being brought
into question the deep state, you know, for that matter,
daylight saving time, vaccine mandates, you know, big big rule

(15:46):
by agencies. Doge is talking about two trillion dollar cuts.
You know, everything is changing, and it's all a result
of a kind of populist movement that is increasingly skeptical
of the elites. So what you have with this killing
right now is an attempt to divert the populace movement

(16:07):
and change its structure away from pharma, away from agencies,
away from big media and and capture by the deep
state towards you know, completely innocent people who are just
trying to you know, exist within you know, the enterprise
system has been set up, namely health insurance. It's not

(16:27):
their fault that the system is such a messed up thing.

Speaker 10 (16:30):
That's that's Obamacare.

Speaker 9 (16:32):
And and so the killing of this guy is it's
a performative assassination.

Speaker 10 (16:37):
It's it's like, well, yeah, he did kill him, and
that's that's bad.

Speaker 9 (16:41):
On the other hand, the you know, the public is upset,
so it's it's a kind of a faux populism designed
to replace the real populism and divert people's anger away
from government.

Speaker 10 (16:53):
Media, big tech over towards.

Speaker 9 (16:58):
You know, completely you know, blameless sources that are existing
with this truck within the structure that the left itself
set up with Obamacare. And and it's a classic sort
of triangulating move by you know, the creators of the
ruling class, creators of sort of public narratives designed for

(17:19):
the public mind. That's that's what's happening. And it's not
at all unusual. That's happens right before Trump gets inaugurated.

Speaker 1 (17:28):
So you think this is more the left trying to
co op a populist uprising against some evils, them trying
to grab it and kind of divert it if you will.

Speaker 10 (17:39):
Yeah, no, that's exactly right.

Speaker 9 (17:40):
I mean the insurance companies again, they just exist within
a structure that was set up. I mean, the healthcare
system you know, obviously needs reform, but be killing the
CEO of United Health, you know, it's an outrageous act
of murder. And it's and you know what's interesting about
this guy and Luigi man Men's straight out of central casting,

(18:01):
you know. So you know, he's good looking and you know,
god a six pack, he's got all this kind of
stuff going for he's killed and righteous anger for his
supposed injury. But you know, from a class point of view,
what's interesting is this guy comes from a mega wealthy family,
went to the finest PEP schools, and he killed a
guy who you know, lifted himself up out off his bootstraps,

(18:25):
you know, you know, working odd jobs as a kid,
you know, And and so it's it's a way of saying,
it doesn't matter if you're rich and privileged. You know,
what matters is that you're you're killing the people who
deserve you know, public scorn and blame. And that's that's
why the universal messaging, you know, ever since the assassination

(18:46):
has been well, that's bad, but it's not so bad.
And and what else do you expect when we have
such a bad system? And don't you think we need
medicare for all or or socialized medicine?

Speaker 10 (18:59):
So that that's that's what's going on. People need to
understand this.

Speaker 9 (19:03):
You know, there's a big difference between the United Healthcare
CEO and the Pfizer CEO, which is definitely allied with
state power, and this United Health CEO is it's a
private company doing its best to operate within a totally
messed up structure. So it's an attempt to divert the

(19:25):
populist energies away from the real bad guys towards fake
bad guys and pave the way for you know, actually,
in fact, more state power and medicare for all and
and and socialized medicine, as Bernie Sanders once and you know,
once you see this, it's it's it's.

Speaker 10 (19:44):
Impossible not to notice. And I'm not saying that.

Speaker 9 (19:48):
There was a plot, you know, to set this guy
up and and achieve this, but they might as well
have been. You know, certainly, certainly, certainly interests out there
are trying to use this as a way of changing
the debate and discussion that's going on in this country,

(20:09):
which has become gravely threatening to a lot of powers
that be.

Speaker 10 (20:13):
So you know, we need to be alert to this
kind of step.

Speaker 9 (20:15):
Between now and inauguration for that matter afterwards, an attempt
to kind of rile the public up against fake enemies
so they will stop targeting the real enemies.

Speaker 1 (20:29):
Jeffer, you mentioned Obamacare, and a lot of people obviously
we have short memories.

Speaker 2 (20:35):
It happens in societies.

Speaker 1 (20:37):
People don't realize how responsible Obamacare is for the disastrous
healthcare system we now have in this country.

Speaker 2 (20:44):
They just don't get it.

Speaker 9 (20:46):
They have no idea and something I've radged against and
which I hope is going to come into questions, this
idea that health insurers have to insurance ensure everybody regardless
of their of their risk. I mean that means it's
not insurance. Really, the actuaries are not in charge. And
you know, the funny thing is, it's not as if

(21:08):
the actuaries don't exist within healthcare. It's just that they're
not allowed to run risk profiles against individuals, so they
have to do against whole classes and whole regions, and
in a faction of us into a kind of socialistic
system that's that's administered by private companies that I have
no choice about it. So you know, everybody pays for

(21:31):
everybody else's healthcare now, and that's why your premium soared
after Obamacare, and and really the ninety percent or I
don't know how you want to look at the number,
but to say, it's like the overwhelming majority are paying
hugely high prices for a small minority of people that

(21:52):
are consuming all the resources and not you know, I'm
not proposing we have a different central plan. All I'm
suggesting is that our healthcare ought to work more like
auto insurance and and be more specifically targeted, targeted to individuals,
and and you know that would make such a huge difference.

(22:14):
Right now, there's absolutely no incentive for anybody to get healthy.
I mean, if if if if if if you're a
change in diet and exercise and quit smoking and substance
abuse and stuff caused your health insurance that you were
personally pain, if you were personally pain as opposed to

(22:35):
your your your business.

Speaker 10 (22:36):
There's another thing that needs to change.

Speaker 9 (22:38):
If that could make a difference, it would it would
immediately contribute mightily to the make America health Healthy grade again,
Make America Healthy Again agenda, Whereas right now it really
doesn't matter whether you're desperately ill by your own hand
or by an accident of nature, or whether you've been

(22:58):
working to get healthy. It's not going to change anything
about your premiums. And the other thing is that we
can't have catastrophic health care coverage that would cost you know,
fifty bucks a month or whatever, because you have these
predetermined packages. And this is all a consequence of obamacarey.
It was a cockamamy crazy system when it went in,

(23:19):
and it was destined to vastly increase healthcare costs and
pillage us and give us worse outcomes. And that was
inevitable from the very beginning. Now that it's happened, you've
got Bernie Sanders out there, you.

Speaker 10 (23:32):
Know, wink wink, nudge nudge.

Speaker 9 (23:35):
Nothing wrong with the public being mad at the of
all people the end health insurance companies rather than the
government that makes them operate within a certain structure.

Speaker 10 (23:44):
I mean, we need dramatic healthcare reform in this country.

Speaker 9 (23:47):
We need to start to seriously talk about it and
raise questions about these these preset benefit packages.

Speaker 10 (23:54):
Okay, that's one thing.

Speaker 9 (23:55):
Another one is the mandate that they accept all comers
no matter how unhealthy they are, and can't adjust premiums
based on the health of the individual.

Speaker 10 (24:06):
That's outrageous.

Speaker 9 (24:07):
And a third thing we need to get away from
is this idea that companies themselves should be required to
buy health insurance for the employees and split the differency
the way with the employees. And so people think healthcare
comes automatically when you have a job. I mean that's
not true. It's coming out of your salary and out
of your wages, and you're paying way more than you

(24:27):
should thanks to all these Obamacare mandates. So I would
love to see that whole those three things just blast away,
and that would go up very long way to fixing
American health care. I tell you what, it's not going
to fix American health care. It's kelling and CEOs of
health insurance companies. But that's what they want you to believe,
and it's all designed to achieve certain results. So I

(24:51):
just hope your listeners are aware, we need to increase
only look at public life in this country as if
it was a sort of a movie being scripted for us,
and we shouldn't be manipulated by it. It's very, very
dangerous and as long as you're alert to how that
manipulation takes place, then you can you can insulate yourself
from the effects of this kind of stuff. But that's

(25:12):
exactly what's going on right now. Luigimangioni was a tempio.
They tried to valorize him and turn him into a
hero to get rid of our other heroes in the
form of Elon Musker, Vivek Ramasomi or Donald Trump or
r FK. Junior, So that this is an attempt to
create manufacturer cobble together in a Hollywood style and new

(25:35):
hero that everybody's supposed to look towards. And unfortunately there's
a lot of people that are are vulnerable and easy
to manipulate, and they're going for it.

Speaker 10 (25:45):
And it's pretty pathetic.

Speaker 2 (25:47):
It is very pathetic. Jeffrey, thank you, I appreciate you
come back to You know what else is pathetic?

Speaker 1 (25:55):
Not sleeping will It's awful, It's horrible, ruined life ruins
your day, doesn't it When you wake up and your
eyes feel like sandpaper and you just know you're gonna
feel like crap all day, it's awful. Doesn't happen to
me ever anymore. I have dream powder from Beam. I
have a cup of hot chocolate. That's how difficult getting

(26:18):
a good night's sleep is. When you have dream powder,
you have a cup of delicious hot chocolate. Mine is
cinnamon chocolate. It's amazing. It's got melatonin in it and
other natural things, natural things, And you just sit on
a cup before bed, and then you'll just finde yourself
drifting off to sleep.

Speaker 2 (26:36):
And when you wake up in.

Speaker 1 (26:37):
The morning, instead of feeling groggy and grabby, and that
you feel rested, like you got perfectly natural sleep because
you did.

Speaker 2 (26:46):
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Speaker 1 (26:49):
Go to shopbeam dot com slash Jesse Kelly go get
forty percent off.

Speaker 2 (26:55):
We'll be back.

Speaker 7 (27:01):
All right.

Speaker 1 (27:01):
What's going on with corporate transparency? Apparently there's a deadline
right around the corner. And I didn't even find my watch.
It's up in my sleep.

Speaker 2 (27:09):
There's a deadline right around the corner, and it's a
really big deal, and I don't know what's going on.

Speaker 1 (27:13):
So let's talk to someone who probably does a recovering
investment banker now author friend of mine, Carol Roth. She
wrote the book You Will Own Nothing and other wonderful books.

Speaker 2 (27:23):
I should note.

Speaker 1 (27:24):
Okay, curl, what is this Corporate Transparency Act?

Speaker 2 (27:28):
What is the deadline?

Speaker 1 (27:29):
All this stuff is above my balding head.

Speaker 2 (27:32):
I don't understand.

Speaker 11 (27:34):
So this is the rule that is targeting small business owners.
You may recall it's called the Corporate Transparency Act Beneficial
Ownership Information Rule, And basically, the Financial Crimes Division of
the Treasury would like to treat small businesses as if
they were financial criminals, and if they're not, potentially turned
them into financial criminals.

Speaker 12 (27:55):
The whole reason behind this they want you to.

Speaker 11 (27:58):
Register your information for everybody who's an owner in the business,
plus anybody who is a key quote decision maker whatever
that means with the Financial Crimes Enforcement Network, and they
want to have your driver's license or passport and all
kinds of personal information that they put into a database.

Speaker 12 (28:16):
And their stated reason is such an amazing reason.

Speaker 11 (28:19):
It's to stop Cartel's terrorists and money launderers. Because I
am certain for one that those terrorists and money launderers
are going to register their beneficial ownership information with the government.
The challenge for small businesses is that if you don't
comply that you could end up in jail. You could
end up with a fine of almost six hundred dollars

(28:41):
per day and growing, and millions of small businesses don't
even know about this, despite the fact that it's completely
unconstitutional and shouldn't be a thing to begin with. So
there was a lawsuit earlier this year with the NSBA
where the court found it unconstitutional, but narrowed the scope
to just the plaintiffs.

Speaker 12 (29:01):
In that case, which is insane.

Speaker 11 (29:03):
Because if it's unconstitutional, it should be unconstitutional for everyone. Fortunately,
earlier this month we had a Texas court that put
out an injunction and set Treasury we're sorry, this is unconstitutional.
We're going to make it so that no small businesses
who even single member LLCs, who who or or es
corpse any solopreneur that has an entity that they're not

(29:25):
going to have to.

Speaker 12 (29:26):
Do this because we think it's ridiculous.

Speaker 11 (29:28):
So small businesses have a little bit of breathing room
now because the deadline was January first. The challenge Jesse
is that now the government has appealed this injunction. So
if the injunction is quote unquote stayed, which means it's
lifted or overturned, or if the scope is somehow narrowed

(29:48):
again just to the plaintiffs, that means that those penalties,
those egregious penalties for non compliance can be on the
table for millions of small business owners that don't want
to comply with something on constitution, and millions more that
don't even know that this exists.

Speaker 2 (30:04):
Good freaking grief.

Speaker 1 (30:06):
Okay, So is there good news on the horizon. This
thing is expiring, right, I mean, there's good news coming surely.

Speaker 11 (30:15):
Well, the injunction was very good news because that means
for the time being, you don't have to file, but
it does mean you have to watch and make sure
it's not overturned.

Speaker 12 (30:24):
What we're trying to do, those.

Speaker 11 (30:26):
Of us in the small business community, and I've testified
in front of Congress about this. We have a lot
of entities, from the NFIB who was in that last lawsuit,
to the s Corps Association, and a whole bunch of
groups who are working really hard against this. We're trying
to get Congress to add at least a delay to
the Continuing Resolution to fund the government, so that maybe

(30:50):
we can get at least some time to have the
Trump administration look at this. The best thing that we
could have is the Trump administration come out and say
this is ridiculous because as Trump, by the way, vetoed
the original congressional authorization for this, and Congress overwrote his veto,
so he could come out and say we're not going
to enforce any penalties, and our treasury is going to

(31:12):
completely jettison this. That would be the most certainty for
small businesses. Because you know, big businesses are exempt, financial
services companies are exempt. Anyone who actually might potentially launder
money and be an issue as exempt. And this is
purely targeting small businesses. So we need for our thirty
four million small businesses in this country, we need some

(31:33):
certainty and clarity.

Speaker 12 (31:34):
So either Congress can do this or the Trump.

Speaker 11 (31:36):
Administration can do this, or both, but we need that
to happen. But if in the meantime, we if you
are a small business that is not sure if you
should file or not. I am personally not filing while
there is an injunction, but I'm keeping my.

Speaker 12 (31:50):
Eye on the information on a daily basis.

Speaker 1 (31:55):
Okay, let's talk really quickly, Carol, before I let you
go about the stock market.

Speaker 2 (32:00):
It looks to be going well.

Speaker 1 (32:02):
My finance guide tells me it's going well, and it's
looking even better. Is this the Trump effect? Is there
something else going on? What's going on?

Speaker 11 (32:13):
So the stock markets had a crazy year. The S
and P five hundred to date is up I think
a little over thirty percent, So it's been on a tearm.
Particularly since Trump won. There has been a lot of optimism,
and that optimism is very self fulfilling, particularly as he
embraces AI, crypto technology, less regulation, more growth.

Speaker 12 (32:34):
All of those things are very good. The biggest challenge that.

Speaker 11 (32:37):
We have, particularly for old school folks like myself that
used to focus on things like valuations of companies, is
that there's something called the Warren Buffett indicator. It's a
measurement that Warren Buffett came in to find out if
stocks are overvalued. And this Buffet indicator takes the entire
market cap of the stock market to the GDP and

(33:00):
now it is at two times.

Speaker 12 (33:02):
So the market is two times.

Speaker 11 (33:05):
The value of the GDP of the US and that
is the highest level it has ever been in all
of history. So if you were in a normal situation,
you would say this is very overvalued. We're probably due
for some sort of a pullback and then maybe you know,
a continued upward trend from there. But you know, we

(33:25):
are in this era where fiat currency and all the
spending and all the shenanigans have kind of disrupted what
it means to have valuations and common sense, and so
it's hard for us to really wrap our heads around it.

Speaker 12 (33:38):
But it's definitely an interesting time.

Speaker 11 (33:41):
At the same time that we have the buffet indicator
saying that, you know, it's kind of flashing a warning sign.
Consumer sentiment about the stock market is at the highest
level in forty years.

Speaker 12 (33:52):
So you could say that's a great thing, or you
could say, oh no.

Speaker 11 (33:55):
By the time it comes down to you know, my
taxi or uber driver, you know, maybe we're at the
top of a cycle. But you know, I do think
that it's we're probably due for some sort of a pullback,
a correction, but then probably a continued lift from there.
The biggest issue is that inflation is eating up a
lot of those of those gains, so we see the

(34:17):
thirty percent, but when you start to adjust that for inflation,
it doesn't look quite as great.

Speaker 12 (34:21):
But you need to be invested in order to keep
pace with it.

Speaker 1 (34:26):
Of course they give it and they take it away. Carol,
thank you, ma'am. As always, I appreciate you. All right,
the drones, it's not going away. What's going on? Well,
let's talk to Ross Kennedy about that next. He always
knows what's going on. Before we get to Ross, let's
talk about something special.

Speaker 2 (34:47):
Saving a baby's life.

Speaker 1 (34:49):
Well, now you can save two you see right now
Preborn's Christmas season and they got a match.

Speaker 2 (34:57):
What does that mean? It means for.

Speaker 1 (34:59):
Twenty eight dollars you buy an ultrasound for a young
woman who's about to kill her baby. If she takes
that ultrasound, she will choose life. She does almost every time.
And now through a match, your gift is double. So
two lives, not even call them babies. Two lives for
the price of one. Sound like something good to do.

(35:20):
It's a Christmas season. Preborn dot com slash jesse is
where you go to give give worth double. Now preborn
dot com slash jesse, there's a baby who needs you.

Speaker 2 (35:34):
We'll be back.

Speaker 13 (35:40):
There's no question that people are seeing drones. And I
want to assure the American public that we in the
federal government have deployed additional resources, personnel technology to assist
the New Jersey State Police in addressing the drone sightings.
And in September of twenty twenty three, the Federal Aviation

(36:00):
Administration the FAA change the rules so that drones could
fly at night, and that may be one of the
reasons why now people are seeing more drones than they
did before, especially from dawn to dusk. And it is critical,
as we all have said for a number of years,
that we need from Congress additional authorities to address the

(36:24):
drone situation. Our authorities currently are limited and they are
set to expire. We need them extended and expanded.

Speaker 1 (36:35):
Oh okay, well, not clarified, Absolutely nothing. So what is
going on in New Jersey besides the normal people doing
New Jersey things? Are they Aliens? Is it Iranians? Is
it the CIA? Have we been knoked? What is going on?
I doubt any of those things are true, and maybe
all of them are true.

Speaker 2 (36:51):
Ross will set us straight.

Speaker 1 (36:52):
Joining me now, founder of Fortist Analysis, my friend Ross
Kennedy knows more about supply chains and stuff like that
than I will ever know. Okay, Ross, we don't traffic
and nutball things on the show. We try to just
focus on facts here. As you well know, you always
straighten us out what is going on in New Jersey?

Speaker 14 (37:14):
Well, I think you've got you know, what started as
a you know, interesting unusual you know video somewhere of
things somebody didn't know how to identify. You know, a
book was written in the seventeen hundreds, eighteen hundreds, you know, Tulamania,
The Madness of Crowds, and it talks about the the

(37:35):
phenomenon of cultural and mass panic or you know, madness
type of events, you know, Ponzi schemes, market runs, things
like that. And really all we've done as humans is
we haven't really updated our understanding of how the world works,
or our ability to rationalize things we don't understand. We've

(37:58):
just simply accelerated our ability to share.

Speaker 2 (38:01):
Things that induce panic.

Speaker 14 (38:03):
Almost every one of these videos that's come out shows
very clearly FAA regulated marked navigational lights and anti collision lights.
You've got green on one wing, right on another, wide
on the tail, and so it's very clear that whatever
these are, they're not trying to hide. They're operating in
pretty clear line of sight. But the shape of them

(38:24):
or the orientation of them is confusing to people because
they don't really know what we have. They don't know
that we have drones that can, you know, take off
very quickly, they can hover. Some that are rotary styles,
some that are more conventional you know, fixed wing types,
or that are propeller driven that look more like regular aircraft.
Some that are hybrid, you know, like the V twenty

(38:45):
two Osprey, you know, as a marine something you might
know about, you know, a tilt rotor. They can change
its orientation and flight. And some of these videos are
just garden variety aircraft doing aircraft things. But we live
in an age of social media and mass media induced panic.
There's a more interesting question of if they are government

(39:07):
drones and not just people spreading crazy things, what are
they doing up there? Why are they operating so visibly
in a way that you know, there's just a density
of these sightings that are happening that's non typical, And
that's maybe even the more interesting question than just what
are they? What are they? They're very clearly, you know,
terrestrial based, you know, flying machines for lack.

Speaker 2 (39:29):
Of a better term. But they're not aliens. They're not
UAPs or anything like that.

Speaker 14 (39:33):
The question is not so much the what it's it's
more the why or the timing.

Speaker 2 (39:39):
Dang it, I really wanted them to be aliens, and
I did, love I do.

Speaker 10 (39:42):
I don't know how you knew.

Speaker 1 (39:43):
I am an ospray fan, although if I remember, it
was a real, real fuel guzzler.

Speaker 2 (39:48):
And that was a big problem. Okay, So.

Speaker 1 (39:52):
If it is our government, and forgive me, but I'm
assuming it is our government, what isn't already a commercial
airliner or whatnot, because there's a lot of confusion out there.
If it is our government, doesn't it seem like maybe
they're looking for something? Would that make sense for us?
Maybe they just lost something it happens. I mean, our
government has lost nuclear weapons.

Speaker 2 (40:11):
Before it happens. Did you think they maybe lost something?

Speaker 14 (40:16):
Well, I think you've got two scenarios here. In a
third scenario that's really a combination of the two. The
fact that these can fully operate in the dark because
of their hyperspectual cameras, because of very advanced avionics systems.
Even the ones that are more autonomous in nature versus
you know, fully manned type of platforms like a predator.

Speaker 2 (40:38):
Or a reaper drone.

Speaker 14 (40:40):
The fact that they're running lights on, the fact that
they're operating over civilian areas where camera phones are very
much a thing, and the fact that they're saying nothing
indicates that it's really, you know, really could only be
one of three things. Number one is that it's a test.
You know, trust us were from the government, We're here

(41:00):
to help. Is not really a viable answer. And that's
kind of what we're getting from the majorcases or the
John Kirbys of the world, is you know, and it's
the reason Trump is leaning into this.

Speaker 2 (41:11):
As you guys are causing panics. Something is going on, you've.

Speaker 14 (41:14):
Got to be honest about it or to some degree. So,
if we are testing capabilities, you could be testing any
number of things. You know, you could have a live
material that you're training these things if they're autonomous or
semi autonomous in nature to be able to detect and follow,
to interoperate with each other, but they're also going to

(41:36):
have to be responsive. It an actual information gathering scenario
overseas and supportive troops or in any sort of scenario
where they have to be deployed for real. These things
will often have the ability to swarm or do leader follower,
so you have to train them in a dynamic information
environment where people aren't changing their reactions to knowing that

(41:57):
these are a certain thing and don't worry about it.
Pattern of life is a part of the training set
for these types of things and for the operators.

Speaker 2 (42:05):
How do people respond to the unknown or the unexpected.

Speaker 14 (42:09):
So you take all that data in and you can
build better mission plans around the use of these platforms
and where and how they're operated, launched, maintained.

Speaker 2 (42:18):
Scenario two. Besides, this is a.

Speaker 14 (42:20):
Test, you know, sort of a live fire test if
you will, over the US Population Center, which is kind
of irresponsible, but I do get it. The second scenario
is there is a rogue thing.

Speaker 2 (42:31):
On the loose.

Speaker 14 (42:33):
You know, drones are not just for finding people, which
is kind of how most famously we use them as
to find people in vehicles. But a lot of these
types of drones that are out there, whether they're fully
publicly disclosed and they're kind of hinted at, they do
have sea Bernie sensors on them. Some of them do
that's your chemical, biological, radiological, nuclear, and explosives detection. It
would make an awful lot of sense that these are

(42:55):
drones that are more oriented towards homeland defense that are
either being tested or there is a situation that for
obvious reasons a national security cannot be talked about. And
the third scenario is something akin to it's a test,
but it's an actual, real test because there is a
real situation. But we're gonna call it a test again,

(43:17):
a thing that has been done numerous times is concealing
actual activity behind the veil of testing.

Speaker 2 (43:26):
Ross. Your hair looks fantastic. I have to tell you,
it looks beautiful. I appreciate Thank you.

Speaker 1 (43:30):
My brother, look at us, Thank you, my brother. That
was extremely helpful. As always, I appreciate you. All right,
light in the mood next, all right, it is time

(43:51):
to lighten the mood. And I'm not even sure if
this does lighten my mood. You see Katanji Brown Jackson,
the Dei hire who sits on Scotus because as Joe
Biden announced that he would only pick a woman and
a black woman. So now he went looking and he
found one. And she's a complete Nutball and she has
a lifelong dream of performing in a Broadway play, and surprise, surprise,

(44:14):
she found some gay up version of Romeo and Juliet
where she plays a he. She them, I swear on
my life, I'm not making that up, and we have
the video of her performance.

Speaker 12 (44:26):
Female Empowerment Sick.

Speaker 2 (44:35):
I like it too.

Speaker 7 (44:37):
I think what I like about it is that I
am having a very strongly negative reaction to it, like
I hate it.

Speaker 9 (44:44):
Which makes me think it must be brilliant.

Speaker 1 (44:50):
In gives out the feeling in the Bond kids out.

Speaker 12 (44:56):
The I did it, I made it to Broadway.

Speaker 2 (45:12):
I'll see them mhm
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