February 5, 2026 • 45 mins
The SAVE Act has been stalled by GOP leadership. You know what wasn't stalled? A $1.2 trillion spending bill. Jesse Kelly gives his thoughts on that and gets reaction from Congressman Tim Burchett, who met with Trump privately on the matter. You'll also hear from Jeffrey A. Tucker on the future for the Federal Reserve after Trump named Kevin Warsh as the next Fed Chair.
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Episode Transcript
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Speaker 1 (00:02):
I know you get disheartened. We're going to talk about
that really quickly. It's gonna take time.
Speaker 2 (00:07):
Tim Burchett is going to join us, Jeffrey Tucker is
gonna join us.
Speaker 1 (00:11):
All that and more coming up. And I'm right, all right.
Speaker 2 (00:24):
So I'm just like you when it comes to politics
and where we are in the country. I have my
days where I am bright and sunny. I have my days,
my moments where I'm despondent. I'm ashamed to admit this,
but I will admit it to you doing me talking.
I have days where I carry it home with me,
(00:45):
where I'm watching the news this scandal and that thing,
and I walk in the door, wife's there, kids there,
and it's like I bring a dark cloud with me.
Speaker 1 (00:55):
It sucks, right, So I have my days too. Not
telling you not to have those days.
Speaker 2 (01:00):
It's gonna happen when you care about the country, when
you're informed about things going on, It's gonna happen, all right.
But I'm gonna use an analogy I've used many times
before because the more I use it, the more I
like it, the more appropriate it seems. If you think
about our country, it will make this just about the
federal government for now as a skyscraper. You've seen a skyscraper,
(01:21):
you know what they are. And of course floors to
the skyscraper, and every floor there are different offices, and
some offices are better than others.
Speaker 1 (01:29):
You got that. Think about our country like that skyscraper.
Speaker 2 (01:33):
A long, long, long time ago, decades ago, the communists
decided they needed to infiltrate that skyscraper. Their intention was
to rise from the bottom floor all the way up
to the penthouse and occupy every office in between. They
wanted it all so they could carry out the communist
(01:55):
revolution from inside the government, and for decades.
Speaker 1 (02:01):
They've been doing it.
Speaker 2 (02:03):
Obviously, they advance, They get promoted up the floors faster
when a Democrat is president, but Republicans are useless and weak,
So sometimes they get promoted when a republican's president, but
they hardly ever get fired. So if you've advanced a
few floors up when a Democrat was president, Republican gets
in and he pats you on the head and says,
(02:23):
everything's okay. Now we you and I we are discovering
every day courtesy of the Trump administration.
Speaker 1 (02:31):
We do have to give them credit for this.
Speaker 2 (02:33):
Every day it seems like we open up an office
on the thirteenth floor, on the twenty fifth floor, on
the fifty second floor, and we think, oh my gosh,
there's a dirty communist in here. Why is this communist
in here? And some of them, for the first time
in a long time, some of them are being told
pack up his stuff and get out.
Speaker 1 (02:54):
And that's a good thing. It's a good thing.
Speaker 2 (02:57):
However, there's a lot of them there. Communists have been
working their way through the office, through every floor, and
working their way up for decades, and they're not all
gone today. They still are there holding critical positions of power.
(03:19):
And the truth is it's going to take time to
get them all out. You see the latest from James O'Keefe.
This is an FBI official.
Speaker 3 (03:30):
I am a security specialists, so I do a background checks, investigations,
that type of stuff. Five years, I don't think there's
any like major arrests like with the no also nobody
I don't think anybody would ever go to prison.
Speaker 4 (03:48):
Like that are dealing with behavior stuff.
Speaker 3 (03:51):
I think by the time that case is done, even
being like look that being ready to go to court,
Trump won't even be an office like there would would
most likely.
Speaker 4 (04:01):
Be thrown out very quickly.
Speaker 3 (04:02):
And fraud chases like that, like money stuff.
Speaker 1 (04:04):
Yeah, years literally years.
Speaker 3 (04:07):
Sometimes they're going to try and hand on somebody. I
was under bit first. Oh yeah that was different, No
way different. Everything was better, everything just everything just felt better.
Speaker 4 (04:19):
People are happier.
Speaker 1 (04:24):
That's a communist. He's at the FBI.
Speaker 2 (04:27):
He was happy under Biden because he could use his
powers at the FBI and more freely against his political
enemies and to aid his political friends. Now I should
note that that man has been walked out of the FBI,
But this is not a one off. James O'Keefe, God
bless him, has caught seven people to date FBI DOJ officials.
And these people they're not just there sitting in the office,
(04:50):
not just they're just going.
Speaker 1 (04:51):
About their business. Because they're communists.
Speaker 2 (04:54):
They believe they are supposed to use their position, whatever
floor they're in, whatever off fist they're in at that floor,
they believe they are supposed to use their position as.
Speaker 1 (05:05):
Part of the revolution. They will admit it on camera.
Speaker 4 (05:09):
Christin huh.
Speaker 2 (05:15):
So the secretaries can set the priorities for the department,
they can't actually tell us.
Speaker 1 (05:22):
What to do.
Speaker 5 (05:24):
We don't agree with those priorities.
Speaker 3 (05:28):
There's a lot of room for interpretations in terms.
Speaker 4 (05:34):
Of how we interpret what. You don't let them get
on a library.
Speaker 2 (05:41):
Okay, yeah, we're hearing like the real fantom from like
we don't let them get in enough proms. In frankly,
that's actually I would argue, I'm not even being an
auld that's my job.
Speaker 1 (05:57):
That's my job.
Speaker 2 (05:59):
My job, yes, to protect the revolution, not to do
what I'm told by the boss, the Trump administration.
Speaker 1 (06:06):
I'm a communist.
Speaker 2 (06:07):
I have achieved power in that skyscraper, and every single
day I do whatever I can do to aid the revolution.
There's a lot of these people still in the government,
and it can get disheartening if you think it's just
going to change like that, because the federal government does
(06:29):
not work like.
Speaker 1 (06:30):
A business does, small or large business.
Speaker 2 (06:33):
Where you identify a problem, somebody is to find the
boss and too bad, so sad we'll have security escort
you out of the building.
Speaker 1 (06:40):
You are gone.
Speaker 2 (06:41):
That is, sadly not the way the federal government works.
These people burrow themselves in there and it takes a
long time to get them out. We are fighting a
counter revolution. The revolutionaries have been the only ones fighting
for years and years and years, working their way up
the skyscraper, working their way, worming their way through critical
(07:04):
institutions in this country, and it's going to take years.
Speaker 1 (07:10):
To root them out.
Speaker 2 (07:11):
If you think about the Trump administration, the second Trump
administration as the end all, be all, the last chance
we have these this is the only chance we have
to get all these people out. You are going to
be disappointed and outraged every single day when something good happens.
You're never going to be happy. Oh we still have
this and we still have that. When you understand that
(07:36):
the Trump administration is just step one, that's it.
Speaker 1 (07:40):
It's just step one.
Speaker 2 (07:42):
We have one hundred more steps, a thousand more steps
we have to take this next three years, it's just
step one. Starting to get this one out, starting to
get that one out, starting to reform that, starting to
reform that.
Speaker 1 (07:56):
The counter revolution is just starting.
Speaker 2 (08:00):
We are going to have so many landmines thrown in
front of us, We're gonna have so many.
Speaker 1 (08:06):
Critically important battles.
Speaker 2 (08:08):
We will lose. This latest thing with the Haitians. We
were finally ready to get some Haitians out of our
freaking country and back to the dump where they came from,
and surprise, surprise, a Joe Biden judge stepped in and
stopped it all. No, no, no, no, they have to
stay here, bring me.
Speaker 1 (08:23):
A new cat.
Speaker 2 (08:25):
It's disheartening if you don't understand what we're dealing with.
We are fighting against a decades long communist revolution. We
are the counter revolutionaries, and stopping this madness will take time.
Not saying don't get angry, get angry, get loud, do
not lose heart. All right, hopefully that did not make
(08:49):
you uncomfortable, But I am right. A big spending bill
one point two trillion dollars that's got to have some
bad stuff in it. Well, I'm assuming it did because
Congressman Tim Burchett of Tennessee voted against it. We'll ask
him specifically, why, We'll ask him this save acting. Is
John Thune screwing it up?
Speaker 1 (09:08):
Is he? How about?
Speaker 2 (09:08):
But we're gonna talk to the great Congressman Tim Burchett.
In a moment before we talked to him, let me
talk to you about getting a good night's sleep.
Speaker 1 (09:16):
Gosh, I slept so good.
Speaker 2 (09:17):
Last night, got home, dinner, hung out with the fan
for a little bit, and then I thought to myself,
I've you know, I had an afternoon cup of coffee.
Speaker 1 (09:30):
I should get some beam, I should get some dream powder.
Speaker 2 (09:32):
So when I went over and got myself coffee cup,
pour a little milk in it, scoop a beam dream
powder from beam to hot chocolate, do it in the microwave,
pulled it out, mixed.
Speaker 1 (09:42):
It up, and just sit on some hot chocolate.
Speaker 2 (09:44):
Went and brushed my teeth because I knew i'd be
asleep soon. Eventually just crawled into bed, gone, And when
I woke up, I didn't feel like a zombie, exhausted, groggy.
I felt great. You want to feel like that every night?
To Shopbeam dot com slash Jesse Kelly. It's natural drug
free Shopbeam dot com slash Jesse Kelly.
Speaker 1 (10:08):
We'll be back.
Speaker 5 (10:18):
The Save Act is an abomination.
Speaker 6 (10:21):
It's Jim Crow two point zero across the country.
Speaker 5 (10:24):
We are going to do everything we can to stop it.
Speaker 1 (10:27):
Jim Crow two point oh.
Speaker 2 (10:29):
I was actually just going through a little list here
on how many Jim Crow two point ohs there have been.
Speaker 1 (10:34):
I think we're on Jim Crow like twenty point oh
at this point in time.
Speaker 2 (10:38):
Joining me now, a wonderful congressman from the state of Tennessee,
Tim Burchett.
Speaker 1 (10:42):
He's also the new chairman of the Doge.
Speaker 2 (10:45):
Committee, which is a very very good thing. It warms
my cold, cold heart.
Speaker 1 (10:49):
Tim.
Speaker 2 (10:50):
How many Jim Crows are we on now? I've lost
count of it. I mean, segregations back every other week.
Speaker 5 (10:56):
I don't know.
Speaker 7 (10:56):
I think Show is going to cut himself every time
he deals one from the race card stack.
Speaker 4 (11:02):
You know, to me, it's it's.
Speaker 7 (11:05):
Racist that he thinks that a minority person cannot achieve
the ability to get an identification because all we want
to do is prove that you're an American citizen to
get registered vote, and then when you do vote, you
show an ID.
Speaker 4 (11:21):
It's a very simple bill. That's all they got. They
go to the they.
Speaker 7 (11:24):
Go to the race card and eventually, you know, that's
where you're seeing minorities leave the Democrat Party and droves.
You know, you see some of those strongest members of
our conference are our people that are that are of color.
You know, my buddy Byron Donald's probably going to be
the next governor of Florida.
Speaker 4 (11:42):
You know, you've got.
Speaker 7 (11:42):
All these guys that are that are you know, if
it had been twenty or thirty years ago been a
different story. But but they're completely are equals, and and
that's just the way it should be in America. You know,
doctor King said, judge me by the you know it's
talking about it. Don't judge me by the color of
(12:03):
my skin, but the content of my heart. And I
think Chuck Sherman needs to remember that.
Speaker 2 (12:11):
It's painfully obvious that they just want to cheat in elections.
I mean, we can skip past all the other things.
As you pointed out, every black person knows how to
get a freaking ID. Everyone in the country knows how
to get a freaking ID. Everyone has a d m
V where they can go wait in line for three
hours and get it an ID. Everyone knows this, So
we can skip past all these blatantly obvious lives cheating elections.
Speaker 4 (12:34):
If you buy a Shikes pack a Barry, you gotta
show a freaking ID.
Speaker 2 (12:40):
So the Save Act, I know you wanted it in
the legislation that passed, it did not get into the
legislation that passed. Can you help us understand why?
Speaker 7 (12:51):
Yeah, I help you understand why it's not there. Yeah,
I mean I had ANX meeting with President Trump. But
I mean you know, he's the deal maker in chiefs
earlier this week, I guess days kind of run together.
But he, you know, we just don't have the votes
in the Senate. Phone actually is trying to work with us,
(13:12):
and he can't come out and say, yeah, we're going
to pass this thing. But I think they're working on
an avenue to get it there or get something close
to that. And I think that's that's what we need
to start looking at more than positive because I and
everybody wants me to beat up on thhone, but he
just doesn't have the votes. He does not have the votes.
You know, we got a one person majority, a one
(13:33):
person majority in.
Speaker 4 (13:34):
The House right now.
Speaker 7 (13:35):
We are literally one flu season away from I had
the flu. During the break, I was laid out. I
mean I cleaned our stalls in the bar, and my
wife and I take us about an hour. Usually took
us over three hours because we both having to lay
out on Baila.
Speaker 4 (13:47):
Hey, look, it's it's.
Speaker 7 (13:49):
A reality of what of the numbers, and you've got
some very liberal Republicans and Ryan or whatever you want
to call him, but it's just the reality of what
you're where we're at, and we need to move in
that direction, and I honestly believe that that leader Throne
is working towards that.
Speaker 2 (14:09):
Okay, well, no, we always want you to give it
to a straight We love when you do. So we
don't need to come on here and punt John Thune
around all the time. If he's trying to do the
right thing. We do have fifty one Republicans allegedly in
the Senate. Is this kind of and I'm not even
actually calling her out because I understand why she is
the way she is. Is this a Susan Collins has
a tough election thing? Is that the kind of thing
(14:31):
we're dealing with here.
Speaker 7 (14:33):
I think people are just misdirected. I just don't think
they get it. I think they do not realize the
fact that Donald J. Trump won overwhelmingly across this country
and in the House and the Senate, we won by
whatever you want to say, two or three percentage points maybe,
And the arrogance of elected officials never ceases to amaze me.
(14:56):
I tell you better start looking at Trump and his numbers,
the deal maker, because what he said resonated with this country.
These folks are going to hand us of the minority
and then all we're going to see is is uh.
You know, we're gonna impeach Trump. We're gonna impeach this person,
go piece that, and that's all. They're gonna They're gonna
stop everything. They will reverse executive orders. They'll open the
(15:18):
borders back grown man, and dresses will be back in
little girls dressing rooms and literally and this is what
you'll see. You'll see the more the savagery of this
transgender mutilation surgery on children. You'll see more the aberration
of abortion, and it'll just be unglued. I fear we
(15:40):
would lose our country as we know it right now
because you have kids now coming out of schools that
are saying, hey, man, socialism looks pretty good.
Speaker 1 (15:50):
Yeah, that's freaking wonderful.
Speaker 2 (15:52):
You chose not to vote for the one point two
trillion dollars spending bill.
Speaker 1 (15:56):
Can you tell us why?
Speaker 4 (15:57):
Yeah?
Speaker 7 (15:58):
Because it had it had languae in there for transgender surgery,
it had language in there for abortion. I don't work
for anybody in Washington, d C. I work for the
people back in the second District of Tennessee brother, and
I you know, and I don't care. I catch hell
on it up here, you know, brtut, you know, not
a team player. And all this Ale team plans. What's
got us forty trillion dollars in debt, It's got our
(16:21):
schools in decline and all those things. And Trump's trying
to reverse all of that. But if we do not
get in line of what's going on and what his
message is, and we're losing. You know, the big beautiful bill.
I put a tweet out on it this morning. I
know I get these premonitions. I don't don't come premonitions,
but I just get wake up mad about something, you know,
(16:42):
And we allow the left to define that as you know,
tax breaks for billionaires. Well, how many billionaires you know
are working at the thirty three diner in Maynorvile, Tennessee.
Speaker 4 (16:52):
Back home?
Speaker 7 (16:53):
You know, these ladies are not going to have to
pay taxes on tips now, they're not gonna But if
you make between forty and sixty thousand dollars, you're going
to see a substantial reduction in your taxes. That is
the reality. But we've allowed the left, with no proof whatsoever,
to define that bill. And it's a disgrace to Trump
because he laid it out there pretty good for us
(17:15):
and we could, we should have, and we've allowed the
narrative already be switched. It's very tough to get that
genie back in the bottle. It's going to take more
than Tim Burchett out there messaging it.
Speaker 2 (17:27):
What's the Tim Birchet go to diner breakfast order. I've
always been an over easy eggs, hash browns, maybe some
bacon pancake on the side if my wife's not there.
Speaker 1 (17:37):
Just kind of a very traditional thing. Are you a
chicken fried steak? Maae? What what's the Tim Burchet order?
Speaker 7 (17:43):
I'm not a I'm kind of a health nut, so
I stay away from from the pak, from the pancakes.
So I have over easy eggs, a little runny, some
nice floppy bacon, little crisp on the edges, maybe some
good white toast and some butter, and maybe a side
(18:04):
of sausages and and of course grits. I'm a grits guy,
and uh, but I mix it up. I don't put
salt on my grits. I put sugar on my grits.
For some reason, That's always been my thing since I
was a little boy, and you know, and that's usually
my go to I go to the waffle House. I
(18:24):
just you know, I guess, I don't know. You know,
it's funny you got these people at waffle House. I've
been going there for years. I've never had my order
mixed up, never had my order mixed up. But you know,
I've dealt with professionals at other places.
Speaker 4 (18:39):
And I can't.
Speaker 7 (18:39):
Never you never can get anything straight freaking waffle House.
They need to be Maybe maybe I need to bring
them in before the Doge Committee and just have them
straighten out a few things in Washington.
Speaker 1 (18:51):
Mm hmm. They're always polite, they always get the order right.
Speaker 2 (18:54):
I go in there with my son's smothered and waffle
of course, of course they do. Freaking wonder what yeah, exactly, Yeah,
just wonderful, polite every time. What Why are we still
funding the Taliban? I know that's not waffle house.
Speaker 4 (19:10):
Yeah, that's my bill. Because we're crooked.
Speaker 7 (19:15):
Because I'm convinced there's kick Elon Musk told me that.
Speaker 4 (19:19):
I hope I didn't. Did I just lose you? Are
you still there?
Speaker 1 (19:24):
No?
Speaker 7 (19:24):
I'm here, I'm here, okay, Yeah, yeah, because we're crooked.
Speaker 1 (19:27):
Uh.
Speaker 7 (19:28):
These NGO so called non government organizations have like a
thousand of them then you have the United Nations and
it's a it's gotten a little more complex, but it's
the Kickmax. It's I mean, you saw it in Minnesota.
Fourteen billion dollars are stealing and nobody's even talking about
it because we were like, once again, our messaging stinks,
(19:48):
and we allow the narrative to be changed. We are
still sitting forty I saw Secretary of State yesterday at
the White House and he helped me. And now it's
it's it's moving the Senate Committee. It's going to the
Senate floor, and as soon as Leader Throne brings it
to the floor, I suspect. And that would be a
good messaging bill for Republicans because Democrats are opposed to it.
(20:11):
They're opposed to it, and I would think that would
be an easy sell. Why are Democrats opposed to forty
million dollars a week of your money going to the
talban a week? And I have a memo on my
desk from the State Department. Look, I ain't no fan
of the State Department. They need to go, but they
even said it's over five billion dollars that has gone
(20:33):
through these transactions. The State Department says that so it
was a classified memo and then it got stamped unclassified
and I got my greasy little palls on it.
Speaker 4 (20:43):
But it's it's the reality of where we're at.
Speaker 7 (20:46):
We're giving our money away and it flows right back
to Washington. And I've said, if we want the majority
to regain, to retain their majority, this country needs to
see some crooks in chains, drag their ass out of
the Capitol in chains, purp walk them and throw it,
throw them, bow them in the clank.
Speaker 2 (21:10):
Tim Maybe one day we shall dying at waffle house together.
I appreciate you, sir, Come mesim all right, Jeffrey Tucker
is going to join us. We have a new FED
chair Chairman of the Federal Reserves, and that whole thing
confusing anyway, Jeffrey, give us a little bit of an
education on that and other things. In a moment. Let
me give you an education. Not that I'm qualified to
(21:32):
do so, but I can help you save money. How
much you spend every month on your cell phone bill.
We had Tea Mobile before we switched to Pure Top,
and I would get text notifications whenever it was time
to pay the bill, and I swear every month I
would look for what one hundred and forty. I remember
(21:53):
just being floored and how much money we were spending.
Eventually it would think it was over two hundred dollars.
That's bonkers.
Speaker 1 (22:00):
Pure Talk. When we switched, our bill got cut clean
in hat. You want to do that. You want to
switch to the cell phone company that's.
Speaker 2 (22:08):
Run by a Vietnam veteran, that shares your values, promotes
your values, charges you less. You're not going to sacrifice
a thing because they're on the same towers. Go to
puretalk dot com slash JESSETV. It's easy, keep your phone,
keep your number, Puretalk dot com slash jesse TV.
Speaker 1 (22:28):
We'll be back. The FED has lost its way.
Speaker 8 (22:39):
It's lost its way in supervision, it's lost its way
in monetary policy. And all this big money on big
fancy buildings is just another indication. Why does that matter?
Because what matters most of the FED is credibility. The
FED has to look like a serious, sober institution.
Speaker 2 (22:57):
Okay, I'm assuming Jeffrey Tucker was jumping for joy during
all that, but we might as well ask him, shall
we joining me now? The president of the Brownstone Institute,
Jeffrey Talker. Okay, so that's Kevin Walsh, the new head
of the FED. I know this is your baby, I'll
put it that way.
Speaker 1 (23:16):
What do you think.
Speaker 4 (23:16):
About all this?
Speaker 1 (23:17):
What do you think about him? Should I be jumping
for joy? Should I be hiding under my bed?
Speaker 5 (23:22):
I like a lot of what he's written. I have
to tell you. He's written some things in the Wall
Street Journal that were just fantastic. He's been a great
critic of zero interest rate monetary policies we pursued first
in two thousand and eight and then again in twenty twenty,
and he points out that they're not only informationary, but
that they have tremendous consequences for distorting capital structures, which
(23:43):
is a highly sophisticated critique. I mean sophisticated. You don't
expect a fancy person to it as well as he
seems to understand it, you know. Usually so he's not
mouthing keynesy and cliches or sense about chuttercyclical policies or
stabilization measures, any of that other kind of stuff. So
(24:06):
he knows what's what which will make him culpable when
he probably is going to do the opposite once it
gets in power. Because you know what you notice from
FED Board governors is that it doesn't matter really what
their private views are. They have a job to do,
and their job is to stabilize the banking system and
the financial system and the government that sponsors them, regardless
(24:30):
of what their provacy views are. So they always end
up this way. I mean, Alan Greenspan was wonderful. Look
at his writings. He was great, and he came to
embody a different temperament once he got in that role
as FED chairman. And even Jerome Powell, you know, he's
(24:51):
a fascinating character because he didn't like Bim Bernanke's crazy
zero interests policy. He thought they ruined the Fed's balance sheet.
He was desperately trying to unwind all the problems from
two thousand and eight, and he was working on this.
In twenty nineteen, we saw increases of rates. We saw
the FED trying to get his hack together, rebalance its
(25:13):
balance sheet, offload some of the bad assets, and everything
is going along swimmingly until somebody got to him. And
I would have loved to been a fly on that
wall at that luncheon at three Martini luncheon where this happened.
But by March really earlier as earlier as January, he
(25:35):
reversed his position, and then I flooded. The economy was
like six trillion dollars six and a half trillion dollars
in fresh money delivered directly into the not the banking
system as such, but to the to the bank accounts
of Americas to spend however they wanted, and big surprise,
(25:59):
it created over four years a twenty five thirty maybe
thirty five percent decline and purchasing power for the dollar.
So this is Jerome Powell. So he acted in ways
that were contrary to what he knew he should have
been doing. He knew this for sure, And so this
(26:19):
is my concern. Once these guys get the job, they
do that job as described and it doesn't matter what
they think privately. So on one hand, I kind of
want to believe this new guy is he's got the thing,
but long experience suggests otherwise that he's going to do
(26:39):
whatever's necessary to keep the banking system aflow, keep the
financial system going acquius to political needs at the time,
and I assume that's going to mean an immediate rate cut,
which could potentially set off a second wave of inplation.
Speaker 1 (26:55):
Sorry for the bad news outstanding.
Speaker 2 (27:00):
Okay, we're all just a little jaded, you know, before
we get back into the systemic problems that possibly lead
these guys to losing their minds once they get in office.
Speaker 1 (27:10):
Can you explain to every person.
Speaker 2 (27:11):
Right now who's currently paying seven eight percent on a
mortgage losing their mind about interest rates why low interest
rates would be a problem. I hate to ask you
to do a one oh one class when obviously you're
a bit passed.
Speaker 1 (27:24):
No, No, I'm glad for a lot of people that
don't get this education.
Speaker 5 (27:27):
No, I totally get it. In fact, I think I
might have had an article maybe yesay day before and
Epock Times explaining all this stuff, because this actually is
very serious. There's nothing wrong with low interest rates. They're
great as long as they can be backed up by
a high degree of savings. Right. So the point is this,
(27:50):
what are interest rates? They are a reflection of two
factors of the risk that is not going to be
paid back and the supplying demand for credit over an
extended period time. So typically your a yield curve. If
you're going to borrow thirty years, forty years, five fifty years,
that introduces more risks. So you're gonna pay a higher rate.
Then if you borrow money that you're gonna pay back
(28:12):
tomorrow and you've got a much lower risk and a
high degree of propensity of payment. But even that will
change depending on how much capital is in the system.
If there's more capital to lend, you've got a higher
supply of credit available, and that credit, that money wants
to go to work through the credit markets. So borrowers
(28:35):
take money from those from savers. Savers get rewarded in
the form of being paid interest, and the borrowers pay
the interest. That's why it works in and a free
market with sound money, right, that's great. But if the
Federal Reserve goes in, it starts to manipulate the interest
rates and lowers them without the underlying justification that is
(28:59):
accumulated capital, more loanable funds, more savings. Then you've got
a distortion that enters into the structures of production. You
get people taking out big loans for a longer period
of time, building factories, building homes, big real estate developers, whatever, whatever.
(29:20):
Where the product comes available, the expectation is that people
are going to have the funds to be able to
purchase that which has been produced through these through these
loan markets, and the producer is going to earn a
profit and excess of what the interest rate costs. All right,
that's why it's supposed to work. But when the Fed
(29:40):
lowers it artificially, it's what I called in the nineteen
thirties forcing savings. It called it forced savings, which is
a kind of metaphor to say you're doing something that's
not justified. There's not enough capital reserves to justify these
low interests, so the bank basically are ended up creating
(30:02):
money out of a demand that is not going to
be sustained over the long period of time. So it
tends to be inflationary for that reason, just because lower
interest rates mean more money flooding the economy, and if
that is not backed by you know, equivalent a rate
(30:22):
of economic growth, which it rarely is, then you're going
to get inflationary pressure. So that's the real danger. So
here's the problem. The Fed doesn't really know what the
interest rate should be, and it doesn't really know what
the shape of the yield curve should be, how steep
or flat it should be. It doesn't know any of
(30:44):
these things, but it moves on the short term interest,
which is the only thing that they can really control
in what ways that presume that they know what it's
supposed to be. But they're acting kind of like as
central planners. This is the position that monetary policy has
put them in, acting on information that may be false.
Maybe they're making stuff up, maybe they're responding to politics.
(31:05):
And I'm afraid that's what's going to happen. Worsh has
been that's his name, right, Worsh. He's being named in
this position to accommodate the political interest for much lower
interest rates. And I just don't see that that's really
justified by what I'm seeing in terms of savings. We
live in a world of unbelievable debt on all sides, corporations, consumers,
(31:31):
and governments. This is not the time to be encouraging
more of that.
Speaker 1 (31:39):
Trump is out there.
Speaker 2 (31:40):
Well, there's a clip that well many people have seen
by now, talking about the desire to keep housing prices up.
Speaker 6 (31:48):
Here he was here was existing housing people that own
their homes.
Speaker 5 (31:53):
We're going to keep them wealthy.
Speaker 6 (31:55):
We're going to keep those prices up. We're not going
to destroy the value of their home so that somebody
that didn't work very hard can buy a home. We're
going to get we're going to make it easier to buy,
We're gonna get interest rates down. But I want to
protect the people that, for the first time in their
lives feel good about themselves. They feel like they've you know,
that they're wealthy people, and I want them to understand it.
(32:17):
You know, there's so much talk about, oh, we're going
to drive housing prices down. I don't want to drive
housing prices down. I want to drive housing prices up.
Speaker 1 (32:26):
Okay, very blunt in Trump's own way. Can you explain
what's happening here? Uh?
Speaker 5 (32:33):
Yeah. During the campaign he said exactly the opposite. He
wanted housing prices to drop twenty and thirty percent, and
that was very encouraging for a lot of people who
are locked out of the markets right now. So it's
just a little striking that now he's saying exactly the
opposite thing, and he's trying to boost the housing industry
entirely on the side of the loan markets by driving
(32:55):
interest rates down while protecting what he believes are his constituents,
a gas or his generation. More like, by promising that
housing prices are not going to go down for them.
I don't know, you know, you know I went to
listen to that. I thought, you know what, I just
don't think this is the job of the president to
(33:16):
decide what housing prices should be or not be. I'm
just old fashioned that way. I just don't think this
is this is the job. But you know, it speaks
so I think when you when you see Trump speaking
about matters of economics, what you're really listening to is
(33:36):
a businessman, a real estate developer. And if you remember that,
then everything else is predictable. So as businessmen, as property developers,
he wants mar A Lago to be as highly valued
in the markets as possible. And like when he bought
that property, he bought all the other properties around it
precisely because he wanted to reduce competition and wanted to
(33:58):
create a kind of monopoly lanmdman for himself, which is great,
it's great when that happens in private markets. But this
is the way he thinks the And the other part
of that is that as a guy, as a businessman
who's been dealing with real estate debt all of his life.
I mean, he grew up in a generation where if
the money was available to be borrowed. It definitely should
(34:20):
be borrowed, right, So his whole life is a businessman
has been levered up as high as possible. You'd be
crazy to not take every bit of of loanable funds
that are made available for you and put it into
play and hopes that you're going to out your profits
are going to outpace your rate of interest. So when
he talks about oh one other things, when a guy
(34:43):
like Trump is in the real estate markets out borrowing money,
he's making the banks compete for his business. So he's
out there saying, I want a lower rate. I want
a lower rate. I'm good for it. This is a
great project. My casino is going to do great. My
golf club's going to golf club is going to be wonderful.
You'll see if that bank doesn't give him a low
en afraid, he's going to compete it against So this
(35:05):
is the way they do business. So he identifies a
low rates as being a good deal, right, But it's
different when you're talking about an entire country, an entire nation,
and the dollar. He says, we want the lowest rates
in the world. It's such a strange statement because he's
(35:25):
speaking as like a real estate developer who wants a
good deal. But a nation with the lowest rates in
the world is also going to be playing with fire
because it'll eventually end up with unbelievable inflation. So I'm
not exactly predicting a second wave here, I'm just saying
that it's a danger if they follow these policies. There's
(35:47):
one other thing I wanted to say about Trump and
his attitude is as a businessman, Yeah, so you want
as much leverage as possible, you want to be the
only player in town, and you want to maintain your
real estate values as high as possible. So he's kind
of speaking for legacy homeowners, not the people who want
(36:10):
to get into the market. The only way you're going
to make homes affordable in this country again is with
a great greater deal of supply. That's going to drive
down prices. And yeah, that's going to be a problem
for legacy owners that think they're rich, but it's but
that's just what you need in a market that's going
(36:30):
to be more inclusive. One final comment about this, So
he talks about how the people who are existing homeowners
imagine themselves to be rich. Okay, keep in mind These
are unrealized gains. Right if you bought a house at
five hundred thousand and now it's worth's one point three million.
(36:51):
That looks very beautiful on paper, but your only satisfaction
is in looking at Zillow. You know, actually that's not bunny,
not actually yours until you put the market, Until you
put the thing on the market. That takes something else.
These high valuations have resulted in is higher property taxes,
(37:11):
which is, you know, the biggest scandal that you can
ever imagine. Imagine yourself, you know, an aging pensioner with
having paid off your house twenty years ago and you're
living happily with no real income stream, but your valuations
or your house are going higher and hire and the
county clerk comes along, I type some keys on a computer, says, oh, look,
(37:35):
your house is worth thirty percent more than the last
time I assessed. That your taxes are now up and
we're talking you know some houses in the Northeast in particular,
that the taxes are just beyond belief. I mean they're
higher than our mortgage and other parts of the country,
so this could be extremely punishing. Higher property values in
(37:57):
your house can lead to essentially you know, the potential
for bankruptcy and foreclosure because of the property tax problem.
Speaker 2 (38:10):
Yeah, I live in Texas, and while I don't want
to complain too loudly, so people from California don't strangle me.
Our tax burden overall is not brutal here, but the
property taxes are. When I first moved to this state,
it was a second mortgage when I saw because they
have to weave it into the mortgage and all that,
it's like your mortgage doubles for it. And you're looking
(38:31):
around thinking this can't be right. It's this some kind
of a misprint. But it's not a misprint at all,
and it's just anyway.
Speaker 5 (38:37):
I like, these markets are so crazy. You look at
this ticket price of houses and you think, okay, well,
this is three hundred and fifty thousand dollars house. But
once you include the mortgage and the taxes and you
know all the other fees involved, you're going to pay
double triple and sometimes quadruple over the lifetime of your
mortgage for the same thing. So you know, buyer beware.
(39:00):
Sometimes renting is you know a better deal. You live
in Texas, that's great, I tell you what. In the Northeast.
Oh my goodness, look up some of the property taxes
in the Northeast. People are paying twenty thirty, forty to
fifty sometimes six figures and property taxes alone. It's unbe unbelievable.
(39:22):
But people pay. And for what For police that don't work,
schools that suck your roads with potholes.
Speaker 1 (39:28):
I mean, I get to tell you stories.
Speaker 5 (39:30):
It is so sad.
Speaker 1 (39:35):
All right, I have to ask you about this.
Speaker 2 (39:37):
Josh Holly, Senator Josh Holly sat down with our mutual
friend doctor Jay said this.
Speaker 9 (39:43):
Don't you think to restore public trust is important that
we level with the American people, that there's transparency, that
we correct the record and say, here's actually what your
government did with your tax money. And we were told
over and over and over and over, no tax money
ever went to WUHAN, no gain.
Speaker 1 (39:59):
Of function research. That was a lie.
Speaker 9 (40:01):
That was a lie from the leaders of NIH at
the time. I think those lies need to be corrected
and the facts, all of the facts, however sorted and
unpleasant they may be for the institution, need to come
out so that the public can say, Okay, we've cleaned
house here, We've got some confidence in what our own
government is doing with our tax money. Don't you agree
(40:21):
with that?
Speaker 5 (40:22):
I do agree with that. After a patient dies in
a hospital, there's often a conference, a morbidity immortality conference,
where there's just an honest conversation what went wrong?
Speaker 1 (40:31):
I think that the United States desperately needs that, desperately.
Speaker 9 (40:34):
Well, will you make that a priority in your time.
Speaker 5 (40:37):
In IH Happy to collaborate with you and others in Congress.
Speaker 1 (40:41):
To make that good.
Speaker 9 (40:41):
I think it's absolutely.
Speaker 1 (40:44):
Yeah, hard to complain about that.
Speaker 5 (40:47):
Well that was music Today's ears, right, I mean, all
day long, it's surrounded by people saying, don't disclose, don't look,
don'tant to investigate, don't talk about what happened. So but
it sits. And you saw his exchanges with Bernie Sanders,
which another subject entirely. So he sits down and he
here's a senator actually is saying something sensible. I can
(41:08):
just tell you, you know, quite frankly, as a friend of Jay's,
that kind of stuff just warms his heart. He's been
desperate for some kind of investigatory commissions that's honest and
truthful about COVID. He really wants what is increasingly being
called COVID justice. Right. We need COVID justice, and that
(41:30):
justice has to begin with information and truth. We're getting
it a little bit more at a time, but it's
just not systematic, and it's not nationwide. I'm really hoping
at some point that the Senate itself will put out
a very strongly worded resolution that everything about the pandemic response,
(41:52):
not just the creation of the virus, but the way
we responded to it with church closers and school closures
and brutal business closures and force masking and then forced
injections and plexiglass everywhere, and oh, just what a time.
I would love to see a clean and clear and
relatively short Senate resolution that repudiates all those policies and
(42:16):
says we will never do anything like this ever again.
I think that would be a great start, and I
know Jay backs that idea too. I think he's doing
a tremendous job insofar as it's possible as ahead of
the NIH.
Speaker 2 (42:33):
Jeffrey, I mean, I could always have you on for
an hour, but sadly I must let you go. I
appreciate you very much, sir. Come back, except I'm talking
to me. I'm not even talking to you here. I'm
talking to me. Accept whatever accountability you get when it
comes to the COVID era. I don't know if this
(42:55):
happens to you, but whenever I play any of these clips,
right I've watched these things on the news, I can
feel my blood pressure going up because I remember when
the federal government, state government's local governments.
Speaker 1 (43:06):
I remember when they did that to us.
Speaker 2 (43:08):
It makes me angry all over again, and I immediately
I think to myself, same thing, you're thinking. We're never
gonna get justice on this earth for all that, So
whenever we get a little bit of it something it's
worth celebrating.
Speaker 1 (43:25):
I'll tell you what I'm grateful for this.
Speaker 2 (43:28):
If it weren't for COVID, I wouldn't have found Chok,
not your herbal supplements from Chalk. Chalk got in front
of me because Chok was out there loudly saying social distancing.
Speaker 5 (43:41):
What this is?
Speaker 1 (43:42):
Bonkers?
Speaker 2 (43:43):
What are we doing? Take your stupid mask off? And
I thought, who are these guys? Found out their hardcore
anti communists, And then I found out that taking a
male vitality stack from chalk every day. By the way,
they have female vitality stacks. Male vitality stack from chalk
every day keeps the doctor away. That's why I do it.
(44:03):
It's not that I just am full of energy now.
It's not that my mood is wonderful now. I am
so grateful that I discovered chalk four years now with
a male vitality stack flowing through my veins.
Speaker 1 (44:17):
Try it. You are ninety.
Speaker 2 (44:18):
Days away from feeling like a new person. And when
you do see the doctor, he's gonna say, oh my gosh,
your blood work. Chuck dot com slash Jesse TV.
Speaker 1 (44:29):
We'll be back, all right. It is time to lighten
the mood.
Speaker 2 (44:42):
And normally in this segment we bring you a video
or a funny story, something to really brighten your day.
Speaker 1 (44:48):
But honestly, I need to apologize.
Speaker 2 (44:52):
I was so focused on giving out my free book
Jesse Kelly dot com. By the way, just go to
Jesse Kelly dot com, put in your email address, will
send you a free book. Anyway, I was so focused
on the free book that I lost sight of the
fact it's Black History Month, and that's obviously a huge,
(45:13):
huge thing on this show. So we just felt the
need to once again honor a civil rights icon. Yeah,
we shall overcome. I'll see it them all
I know you get disheartened. We're going to talk about
that really quickly. It's gonna take time.
Speaker 2 (00:07):
Tim Burchett is going to join us, Jeffrey Tucker is
gonna join us.
Speaker 1 (00:11):
All that and more coming up. And I'm right, all right.
Speaker 2 (00:24):
So I'm just like you when it comes to politics
and where we are in the country. I have my
days where I am bright and sunny. I have my days,
my moments where I'm despondent. I'm ashamed to admit this,
but I will admit it to you doing me talking.
I have days where I carry it home with me,
(00:45):
where I'm watching the news this scandal and that thing,
and I walk in the door, wife's there, kids there,
and it's like I bring a dark cloud with me.
Speaker 1 (00:55):
It sucks, right, So I have my days too. Not
telling you not to have those days.
Speaker 2 (01:00):
It's gonna happen when you care about the country, when
you're informed about things going on, It's gonna happen, all right.
But I'm gonna use an analogy I've used many times
before because the more I use it, the more I
like it, the more appropriate it seems. If you think
about our country, it will make this just about the
federal government for now as a skyscraper. You've seen a skyscraper,
(01:21):
you know what they are. And of course floors to
the skyscraper, and every floor there are different offices, and
some offices are better than others.
Speaker 1 (01:29):
You got that. Think about our country like that skyscraper.
Speaker 2 (01:33):
A long, long, long time ago, decades ago, the communists
decided they needed to infiltrate that skyscraper. Their intention was
to rise from the bottom floor all the way up
to the penthouse and occupy every office in between. They
wanted it all so they could carry out the communist
(01:55):
revolution from inside the government, and for decades.
Speaker 1 (02:01):
They've been doing it.
Speaker 2 (02:03):
Obviously, they advance, They get promoted up the floors faster
when a Democrat is president, but Republicans are useless and weak,
So sometimes they get promoted when a republican's president, but
they hardly ever get fired. So if you've advanced a
few floors up when a Democrat was president, Republican gets
in and he pats you on the head and says,
(02:23):
everything's okay. Now we you and I we are discovering
every day courtesy of the Trump administration.
Speaker 1 (02:31):
We do have to give them credit for this.
Speaker 2 (02:33):
Every day it seems like we open up an office
on the thirteenth floor, on the twenty fifth floor, on
the fifty second floor, and we think, oh my gosh,
there's a dirty communist in here. Why is this communist
in here? And some of them, for the first time
in a long time, some of them are being told
pack up his stuff and get out.
Speaker 1 (02:54):
And that's a good thing. It's a good thing.
Speaker 2 (02:57):
However, there's a lot of them there. Communists have been
working their way through the office, through every floor, and
working their way up for decades, and they're not all
gone today. They still are there holding critical positions of power.
(03:19):
And the truth is it's going to take time to
get them all out. You see the latest from James O'Keefe.
This is an FBI official.
Speaker 3 (03:30):
I am a security specialists, so I do a background checks, investigations,
that type of stuff. Five years, I don't think there's
any like major arrests like with the no also nobody
I don't think anybody would ever go to prison.
Speaker 4 (03:48):
Like that are dealing with behavior stuff.
Speaker 3 (03:51):
I think by the time that case is done, even
being like look that being ready to go to court,
Trump won't even be an office like there would would
most likely.
Speaker 4 (04:01):
Be thrown out very quickly.
Speaker 3 (04:02):
And fraud chases like that, like money stuff.
Speaker 1 (04:04):
Yeah, years literally years.
Speaker 3 (04:07):
Sometimes they're going to try and hand on somebody. I
was under bit first. Oh yeah that was different, No
way different. Everything was better, everything just everything just felt better.
Speaker 4 (04:19):
People are happier.
Speaker 1 (04:24):
That's a communist. He's at the FBI.
Speaker 2 (04:27):
He was happy under Biden because he could use his
powers at the FBI and more freely against his political
enemies and to aid his political friends. Now I should
note that that man has been walked out of the FBI,
But this is not a one off. James O'Keefe, God
bless him, has caught seven people to date FBI DOJ officials.
And these people they're not just there sitting in the office,
(04:50):
not just they're just going.
Speaker 1 (04:51):
About their business. Because they're communists.
Speaker 2 (04:54):
They believe they are supposed to use their position, whatever
floor they're in, whatever off fist they're in at that floor,
they believe they are supposed to use their position as.
Speaker 1 (05:05):
Part of the revolution. They will admit it on camera.
Speaker 4 (05:09):
Christin huh.
Speaker 2 (05:15):
So the secretaries can set the priorities for the department,
they can't actually tell us.
Speaker 1 (05:22):
What to do.
Speaker 5 (05:24):
We don't agree with those priorities.
Speaker 3 (05:28):
There's a lot of room for interpretations in terms.
Speaker 4 (05:34):
Of how we interpret what. You don't let them get
on a library.
Speaker 2 (05:41):
Okay, yeah, we're hearing like the real fantom from like
we don't let them get in enough proms. In frankly,
that's actually I would argue, I'm not even being an
auld that's my job.
Speaker 1 (05:57):
That's my job.
Speaker 2 (05:59):
My job, yes, to protect the revolution, not to do
what I'm told by the boss, the Trump administration.
Speaker 1 (06:06):
I'm a communist.
Speaker 2 (06:07):
I have achieved power in that skyscraper, and every single
day I do whatever I can do to aid the revolution.
There's a lot of these people still in the government,
and it can get disheartening if you think it's just
going to change like that, because the federal government does
(06:29):
not work like.
Speaker 1 (06:30):
A business does, small or large business.
Speaker 2 (06:33):
Where you identify a problem, somebody is to find the
boss and too bad, so sad we'll have security escort
you out of the building.
Speaker 1 (06:40):
You are gone.
Speaker 2 (06:41):
That is, sadly not the way the federal government works.
These people burrow themselves in there and it takes a
long time to get them out. We are fighting a
counter revolution. The revolutionaries have been the only ones fighting
for years and years and years, working their way up
the skyscraper, working their way, worming their way through critical
(07:04):
institutions in this country, and it's going to take years.
Speaker 1 (07:10):
To root them out.
Speaker 2 (07:11):
If you think about the Trump administration, the second Trump
administration as the end all, be all, the last chance
we have these this is the only chance we have
to get all these people out. You are going to
be disappointed and outraged every single day when something good happens.
You're never going to be happy. Oh we still have
this and we still have that. When you understand that
(07:36):
the Trump administration is just step one, that's it.
Speaker 1 (07:40):
It's just step one.
Speaker 2 (07:42):
We have one hundred more steps, a thousand more steps
we have to take this next three years, it's just
step one. Starting to get this one out, starting to
get that one out, starting to reform that, starting to
reform that.
Speaker 1 (07:56):
The counter revolution is just starting.
Speaker 2 (08:00):
We are going to have so many landmines thrown in
front of us, We're gonna have so many.
Speaker 1 (08:06):
Critically important battles.
Speaker 2 (08:08):
We will lose. This latest thing with the Haitians. We
were finally ready to get some Haitians out of our
freaking country and back to the dump where they came from,
and surprise, surprise, a Joe Biden judge stepped in and
stopped it all. No, no, no, no, they have to
stay here, bring me.
Speaker 1 (08:23):
A new cat.
Speaker 2 (08:25):
It's disheartening if you don't understand what we're dealing with.
We are fighting against a decades long communist revolution. We
are the counter revolutionaries, and stopping this madness will take time.
Not saying don't get angry, get angry, get loud, do
not lose heart. All right, hopefully that did not make
(08:49):
you uncomfortable, But I am right. A big spending bill
one point two trillion dollars that's got to have some
bad stuff in it. Well, I'm assuming it did because
Congressman Tim Burchett of Tennessee voted against it. We'll ask
him specifically, why, We'll ask him this save acting. Is
John Thune screwing it up?
Speaker 1 (09:08):
Is he? How about?
Speaker 2 (09:08):
But we're gonna talk to the great Congressman Tim Burchett.
In a moment before we talked to him, let me
talk to you about getting a good night's sleep.
Speaker 1 (09:16):
Gosh, I slept so good.
Speaker 2 (09:17):
Last night, got home, dinner, hung out with the fan
for a little bit, and then I thought to myself,
I've you know, I had an afternoon cup of coffee.
Speaker 1 (09:30):
I should get some beam, I should get some dream powder.
Speaker 2 (09:32):
So when I went over and got myself coffee cup,
pour a little milk in it, scoop a beam dream
powder from beam to hot chocolate, do it in the microwave,
pulled it out, mixed.
Speaker 1 (09:42):
It up, and just sit on some hot chocolate.
Speaker 2 (09:44):
Went and brushed my teeth because I knew i'd be
asleep soon. Eventually just crawled into bed, gone, And when
I woke up, I didn't feel like a zombie, exhausted, groggy.
I felt great. You want to feel like that every night?
To Shopbeam dot com slash Jesse Kelly. It's natural drug
free Shopbeam dot com slash Jesse Kelly.
Speaker 1 (10:08):
We'll be back.
Speaker 5 (10:18):
The Save Act is an abomination.
Speaker 6 (10:21):
It's Jim Crow two point zero across the country.
Speaker 5 (10:24):
We are going to do everything we can to stop it.
Speaker 1 (10:27):
Jim Crow two point oh.
Speaker 2 (10:29):
I was actually just going through a little list here
on how many Jim Crow two point ohs there have been.
Speaker 1 (10:34):
I think we're on Jim Crow like twenty point oh
at this point in time.
Speaker 2 (10:38):
Joining me now, a wonderful congressman from the state of Tennessee,
Tim Burchett.
Speaker 1 (10:42):
He's also the new chairman of the Doge.
Speaker 2 (10:45):
Committee, which is a very very good thing. It warms
my cold, cold heart.
Speaker 1 (10:49):
Tim.
Speaker 2 (10:50):
How many Jim Crows are we on now? I've lost
count of it. I mean, segregations back every other week.
Speaker 5 (10:56):
I don't know.
Speaker 7 (10:56):
I think Show is going to cut himself every time
he deals one from the race card stack.
Speaker 4 (11:02):
You know, to me, it's it's.
Speaker 7 (11:05):
Racist that he thinks that a minority person cannot achieve
the ability to get an identification because all we want
to do is prove that you're an American citizen to
get registered vote, and then when you do vote, you
show an ID.
Speaker 4 (11:21):
It's a very simple bill. That's all they got. They
go to the they.
Speaker 7 (11:24):
Go to the race card and eventually, you know, that's
where you're seeing minorities leave the Democrat Party and droves.
You know, you see some of those strongest members of
our conference are our people that are that are of color.
You know, my buddy Byron Donald's probably going to be
the next governor of Florida.
Speaker 4 (11:42):
You know, you've got.
Speaker 7 (11:42):
All these guys that are that are you know, if
it had been twenty or thirty years ago been a
different story. But but they're completely are equals, and and
that's just the way it should be in America. You know,
doctor King said, judge me by the you know it's
talking about it. Don't judge me by the color of
(12:03):
my skin, but the content of my heart. And I
think Chuck Sherman needs to remember that.
Speaker 2 (12:11):
It's painfully obvious that they just want to cheat in elections.
I mean, we can skip past all the other things.
As you pointed out, every black person knows how to
get a freaking ID. Everyone in the country knows how
to get a freaking ID. Everyone has a d m
V where they can go wait in line for three
hours and get it an ID. Everyone knows this, So
we can skip past all these blatantly obvious lives cheating elections.
Speaker 4 (12:34):
If you buy a Shikes pack a Barry, you gotta
show a freaking ID.
Speaker 2 (12:40):
So the Save Act, I know you wanted it in
the legislation that passed, it did not get into the
legislation that passed. Can you help us understand why?
Speaker 7 (12:51):
Yeah, I help you understand why it's not there. Yeah,
I mean I had ANX meeting with President Trump. But
I mean you know, he's the deal maker in chiefs
earlier this week, I guess days kind of run together.
But he, you know, we just don't have the votes
in the Senate. Phone actually is trying to work with us,
(13:12):
and he can't come out and say, yeah, we're going
to pass this thing. But I think they're working on
an avenue to get it there or get something close
to that. And I think that's that's what we need
to start looking at more than positive because I and
everybody wants me to beat up on thhone, but he
just doesn't have the votes. He does not have the votes.
You know, we got a one person majority, a one
(13:33):
person majority in.
Speaker 4 (13:34):
The House right now.
Speaker 7 (13:35):
We are literally one flu season away from I had
the flu. During the break, I was laid out. I
mean I cleaned our stalls in the bar, and my
wife and I take us about an hour. Usually took
us over three hours because we both having to lay
out on Baila.
Speaker 4 (13:47):
Hey, look, it's it's.
Speaker 7 (13:49):
A reality of what of the numbers, and you've got
some very liberal Republicans and Ryan or whatever you want
to call him, but it's just the reality of what
you're where we're at, and we need to move in
that direction, and I honestly believe that that leader Throne
is working towards that.
Speaker 2 (14:09):
Okay, well, no, we always want you to give it
to a straight We love when you do. So we
don't need to come on here and punt John Thune
around all the time. If he's trying to do the
right thing. We do have fifty one Republicans allegedly in
the Senate. Is this kind of and I'm not even
actually calling her out because I understand why she is
the way she is. Is this a Susan Collins has
a tough election thing? Is that the kind of thing
(14:31):
we're dealing with here.
Speaker 7 (14:33):
I think people are just misdirected. I just don't think
they get it. I think they do not realize the
fact that Donald J. Trump won overwhelmingly across this country
and in the House and the Senate, we won by
whatever you want to say, two or three percentage points maybe,
And the arrogance of elected officials never ceases to amaze me.
(14:56):
I tell you better start looking at Trump and his numbers,
the deal maker, because what he said resonated with this country.
These folks are going to hand us of the minority
and then all we're going to see is is uh.
You know, we're gonna impeach Trump. We're gonna impeach this person,
go piece that, and that's all. They're gonna They're gonna
stop everything. They will reverse executive orders. They'll open the
(15:18):
borders back grown man, and dresses will be back in
little girls dressing rooms and literally and this is what
you'll see. You'll see the more the savagery of this
transgender mutilation surgery on children. You'll see more the aberration
of abortion, and it'll just be unglued. I fear we
(15:40):
would lose our country as we know it right now
because you have kids now coming out of schools that
are saying, hey, man, socialism looks pretty good.
Speaker 1 (15:50):
Yeah, that's freaking wonderful.
Speaker 2 (15:52):
You chose not to vote for the one point two
trillion dollars spending bill.
Speaker 1 (15:56):
Can you tell us why?
Speaker 4 (15:57):
Yeah?
Speaker 7 (15:58):
Because it had it had languae in there for transgender surgery,
it had language in there for abortion. I don't work
for anybody in Washington, d C. I work for the
people back in the second District of Tennessee brother, and
I you know, and I don't care. I catch hell
on it up here, you know, brtut, you know, not
a team player. And all this Ale team plans. What's
got us forty trillion dollars in debt, It's got our
(16:21):
schools in decline and all those things. And Trump's trying
to reverse all of that. But if we do not
get in line of what's going on and what his
message is, and we're losing. You know, the big beautiful bill.
I put a tweet out on it this morning. I
know I get these premonitions. I don't don't come premonitions,
but I just get wake up mad about something, you know,
(16:42):
And we allow the left to define that as you know,
tax breaks for billionaires. Well, how many billionaires you know
are working at the thirty three diner in Maynorvile, Tennessee.
Speaker 4 (16:52):
Back home?
Speaker 7 (16:53):
You know, these ladies are not going to have to
pay taxes on tips now, they're not gonna But if
you make between forty and sixty thousand dollars, you're going
to see a substantial reduction in your taxes. That is
the reality. But we've allowed the left, with no proof whatsoever,
to define that bill. And it's a disgrace to Trump
because he laid it out there pretty good for us
(17:15):
and we could, we should have, and we've allowed the
narrative already be switched. It's very tough to get that
genie back in the bottle. It's going to take more
than Tim Burchett out there messaging it.
Speaker 2 (17:27):
What's the Tim Birchet go to diner breakfast order. I've
always been an over easy eggs, hash browns, maybe some
bacon pancake on the side if my wife's not there.
Speaker 1 (17:37):
Just kind of a very traditional thing. Are you a
chicken fried steak? Maae? What what's the Tim Burchet order?
Speaker 7 (17:43):
I'm not a I'm kind of a health nut, so
I stay away from from the pak, from the pancakes.
So I have over easy eggs, a little runny, some
nice floppy bacon, little crisp on the edges, maybe some
good white toast and some butter, and maybe a side
(18:04):
of sausages and and of course grits. I'm a grits guy,
and uh, but I mix it up. I don't put
salt on my grits. I put sugar on my grits.
For some reason, That's always been my thing since I
was a little boy, and you know, and that's usually
my go to I go to the waffle House. I
(18:24):
just you know, I guess, I don't know. You know,
it's funny you got these people at waffle House. I've
been going there for years. I've never had my order
mixed up, never had my order mixed up. But you know,
I've dealt with professionals at other places.
Speaker 4 (18:39):
And I can't.
Speaker 7 (18:39):
Never you never can get anything straight freaking waffle House.
They need to be Maybe maybe I need to bring
them in before the Doge Committee and just have them
straighten out a few things in Washington.
Speaker 1 (18:51):
Mm hmm. They're always polite, they always get the order right.
Speaker 2 (18:54):
I go in there with my son's smothered and waffle
of course, of course they do. Freaking wonder what yeah, exactly, Yeah,
just wonderful, polite every time. What Why are we still
funding the Taliban? I know that's not waffle house.
Speaker 4 (19:10):
Yeah, that's my bill. Because we're crooked.
Speaker 7 (19:15):
Because I'm convinced there's kick Elon Musk told me that.
Speaker 4 (19:19):
I hope I didn't. Did I just lose you? Are
you still there?
Speaker 1 (19:24):
No?
Speaker 7 (19:24):
I'm here, I'm here, okay, Yeah, yeah, because we're crooked.
Speaker 1 (19:27):
Uh.
Speaker 7 (19:28):
These NGO so called non government organizations have like a
thousand of them then you have the United Nations and
it's a it's gotten a little more complex, but it's
the Kickmax. It's I mean, you saw it in Minnesota.
Fourteen billion dollars are stealing and nobody's even talking about
it because we were like, once again, our messaging stinks,
(19:48):
and we allow the narrative to be changed. We are
still sitting forty I saw Secretary of State yesterday at
the White House and he helped me. And now it's
it's it's moving the Senate Committee. It's going to the
Senate floor, and as soon as Leader Throne brings it
to the floor, I suspect. And that would be a
good messaging bill for Republicans because Democrats are opposed to it.
(20:11):
They're opposed to it, and I would think that would
be an easy sell. Why are Democrats opposed to forty
million dollars a week of your money going to the
talban a week? And I have a memo on my
desk from the State Department. Look, I ain't no fan
of the State Department. They need to go, but they
even said it's over five billion dollars that has gone
(20:33):
through these transactions. The State Department says that so it
was a classified memo and then it got stamped unclassified
and I got my greasy little palls on it.
Speaker 4 (20:43):
But it's it's the reality of where we're at.
Speaker 7 (20:46):
We're giving our money away and it flows right back
to Washington. And I've said, if we want the majority
to regain, to retain their majority, this country needs to
see some crooks in chains, drag their ass out of
the Capitol in chains, purp walk them and throw it,
throw them, bow them in the clank.
Speaker 2 (21:10):
Tim Maybe one day we shall dying at waffle house together.
I appreciate you, sir, Come mesim all right, Jeffrey Tucker
is going to join us. We have a new FED
chair Chairman of the Federal Reserves, and that whole thing
confusing anyway, Jeffrey, give us a little bit of an
education on that and other things. In a moment. Let
me give you an education. Not that I'm qualified to
(21:32):
do so, but I can help you save money. How
much you spend every month on your cell phone bill.
We had Tea Mobile before we switched to Pure Top,
and I would get text notifications whenever it was time
to pay the bill, and I swear every month I
would look for what one hundred and forty. I remember
(21:53):
just being floored and how much money we were spending.
Eventually it would think it was over two hundred dollars.
That's bonkers.
Speaker 1 (22:00):
Pure Talk. When we switched, our bill got cut clean
in hat. You want to do that. You want to
switch to the cell phone company that's.
Speaker 2 (22:08):
Run by a Vietnam veteran, that shares your values, promotes
your values, charges you less. You're not going to sacrifice
a thing because they're on the same towers. Go to
puretalk dot com slash JESSETV. It's easy, keep your phone,
keep your number, Puretalk dot com slash jesse TV.
Speaker 1 (22:28):
We'll be back. The FED has lost its way.
Speaker 8 (22:39):
It's lost its way in supervision, it's lost its way
in monetary policy. And all this big money on big
fancy buildings is just another indication. Why does that matter?
Because what matters most of the FED is credibility. The
FED has to look like a serious, sober institution.
Speaker 2 (22:57):
Okay, I'm assuming Jeffrey Tucker was jumping for joy during
all that, but we might as well ask him, shall
we joining me now? The president of the Brownstone Institute,
Jeffrey Talker. Okay, so that's Kevin Walsh, the new head
of the FED. I know this is your baby, I'll
put it that way.
Speaker 1 (23:16):
What do you think.
Speaker 4 (23:16):
About all this?
Speaker 1 (23:17):
What do you think about him? Should I be jumping
for joy? Should I be hiding under my bed?
Speaker 5 (23:22):
I like a lot of what he's written. I have
to tell you. He's written some things in the Wall
Street Journal that were just fantastic. He's been a great
critic of zero interest rate monetary policies we pursued first
in two thousand and eight and then again in twenty twenty,
and he points out that they're not only informationary, but
that they have tremendous consequences for distorting capital structures, which
(23:43):
is a highly sophisticated critique. I mean sophisticated. You don't
expect a fancy person to it as well as he
seems to understand it, you know. Usually so he's not
mouthing keynesy and cliches or sense about chuttercyclical policies or
stabilization measures, any of that other kind of stuff. So
(24:06):
he knows what's what which will make him culpable when
he probably is going to do the opposite once it
gets in power. Because you know what you notice from
FED Board governors is that it doesn't matter really what
their private views are. They have a job to do,
and their job is to stabilize the banking system and
the financial system and the government that sponsors them, regardless
(24:30):
of what their provacy views are. So they always end
up this way. I mean, Alan Greenspan was wonderful. Look
at his writings. He was great, and he came to
embody a different temperament once he got in that role
as FED chairman. And even Jerome Powell, you know, he's
(24:51):
a fascinating character because he didn't like Bim Bernanke's crazy
zero interests policy. He thought they ruined the Fed's balance sheet.
He was desperately trying to unwind all the problems from
two thousand and eight, and he was working on this.
In twenty nineteen, we saw increases of rates. We saw
the FED trying to get his hack together, rebalance its
(25:13):
balance sheet, offload some of the bad assets, and everything
is going along swimmingly until somebody got to him. And
I would have loved to been a fly on that
wall at that luncheon at three Martini luncheon where this happened.
But by March really earlier as earlier as January, he
(25:35):
reversed his position, and then I flooded. The economy was
like six trillion dollars six and a half trillion dollars
in fresh money delivered directly into the not the banking
system as such, but to the to the bank accounts
of Americas to spend however they wanted, and big surprise,
(25:59):
it created over four years a twenty five thirty maybe
thirty five percent decline and purchasing power for the dollar.
So this is Jerome Powell. So he acted in ways
that were contrary to what he knew he should have
been doing. He knew this for sure, And so this
(26:19):
is my concern. Once these guys get the job, they
do that job as described and it doesn't matter what
they think privately. So on one hand, I kind of
want to believe this new guy is he's got the thing,
but long experience suggests otherwise that he's going to do
(26:39):
whatever's necessary to keep the banking system aflow, keep the
financial system going acquius to political needs at the time,
and I assume that's going to mean an immediate rate cut,
which could potentially set off a second wave of inplation.
Speaker 1 (26:55):
Sorry for the bad news outstanding.
Speaker 2 (27:00):
Okay, we're all just a little jaded, you know, before
we get back into the systemic problems that possibly lead
these guys to losing their minds once they get in office.
Speaker 1 (27:10):
Can you explain to every person.
Speaker 2 (27:11):
Right now who's currently paying seven eight percent on a
mortgage losing their mind about interest rates why low interest
rates would be a problem. I hate to ask you
to do a one oh one class when obviously you're
a bit passed.
Speaker 1 (27:24):
No, No, I'm glad for a lot of people that
don't get this education.
Speaker 5 (27:27):
No, I totally get it. In fact, I think I
might have had an article maybe yesay day before and
Epock Times explaining all this stuff, because this actually is
very serious. There's nothing wrong with low interest rates. They're
great as long as they can be backed up by
a high degree of savings. Right. So the point is this,
(27:50):
what are interest rates? They are a reflection of two
factors of the risk that is not going to be
paid back and the supplying demand for credit over an
extended period time. So typically your a yield curve. If
you're going to borrow thirty years, forty years, five fifty years,
that introduces more risks. So you're gonna pay a higher rate.
Then if you borrow money that you're gonna pay back
(28:12):
tomorrow and you've got a much lower risk and a
high degree of propensity of payment. But even that will
change depending on how much capital is in the system.
If there's more capital to lend, you've got a higher
supply of credit available, and that credit, that money wants
to go to work through the credit markets. So borrowers
(28:35):
take money from those from savers. Savers get rewarded in
the form of being paid interest, and the borrowers pay
the interest. That's why it works in and a free
market with sound money, right, that's great. But if the
Federal Reserve goes in, it starts to manipulate the interest
rates and lowers them without the underlying justification that is
(28:59):
accumulated capital, more loanable funds, more savings. Then you've got
a distortion that enters into the structures of production. You
get people taking out big loans for a longer period
of time, building factories, building homes, big real estate developers, whatever, whatever.
(29:20):
Where the product comes available, the expectation is that people
are going to have the funds to be able to
purchase that which has been produced through these through these
loan markets, and the producer is going to earn a
profit and excess of what the interest rate costs. All right,
that's why it's supposed to work. But when the Fed
(29:40):
lowers it artificially, it's what I called in the nineteen
thirties forcing savings. It called it forced savings, which is
a kind of metaphor to say you're doing something that's
not justified. There's not enough capital reserves to justify these
low interests, so the bank basically are ended up creating
(30:02):
money out of a demand that is not going to
be sustained over the long period of time. So it
tends to be inflationary for that reason, just because lower
interest rates mean more money flooding the economy, and if
that is not backed by you know, equivalent a rate
(30:22):
of economic growth, which it rarely is, then you're going
to get inflationary pressure. So that's the real danger. So
here's the problem. The Fed doesn't really know what the
interest rate should be, and it doesn't really know what
the shape of the yield curve should be, how steep
or flat it should be. It doesn't know any of
(30:44):
these things, but it moves on the short term interest,
which is the only thing that they can really control
in what ways that presume that they know what it's
supposed to be. But they're acting kind of like as
central planners. This is the position that monetary policy has
put them in, acting on information that may be false.
Maybe they're making stuff up, maybe they're responding to politics.
(31:05):
And I'm afraid that's what's going to happen. Worsh has
been that's his name, right, Worsh. He's being named in
this position to accommodate the political interest for much lower
interest rates. And I just don't see that that's really
justified by what I'm seeing in terms of savings. We
live in a world of unbelievable debt on all sides, corporations, consumers,
(31:31):
and governments. This is not the time to be encouraging
more of that.
Speaker 1 (31:39):
Trump is out there.
Speaker 2 (31:40):
Well, there's a clip that well many people have seen
by now, talking about the desire to keep housing prices up.
Speaker 6 (31:48):
Here he was here was existing housing people that own
their homes.
Speaker 5 (31:53):
We're going to keep them wealthy.
Speaker 6 (31:55):
We're going to keep those prices up. We're not going
to destroy the value of their home so that somebody
that didn't work very hard can buy a home. We're
going to get we're going to make it easier to buy,
We're gonna get interest rates down. But I want to
protect the people that, for the first time in their
lives feel good about themselves. They feel like they've you know,
that they're wealthy people, and I want them to understand it.
(32:17):
You know, there's so much talk about, oh, we're going
to drive housing prices down. I don't want to drive
housing prices down. I want to drive housing prices up.
Speaker 1 (32:26):
Okay, very blunt in Trump's own way. Can you explain
what's happening here? Uh?
Speaker 5 (32:33):
Yeah. During the campaign he said exactly the opposite. He
wanted housing prices to drop twenty and thirty percent, and
that was very encouraging for a lot of people who
are locked out of the markets right now. So it's
just a little striking that now he's saying exactly the
opposite thing, and he's trying to boost the housing industry
entirely on the side of the loan markets by driving
(32:55):
interest rates down while protecting what he believes are his constituents,
a gas or his generation. More like, by promising that
housing prices are not going to go down for them.
I don't know, you know, you know I went to
listen to that. I thought, you know what, I just
don't think this is the job of the president to
(33:16):
decide what housing prices should be or not be. I'm
just old fashioned that way. I just don't think this
is this is the job. But you know, it speaks
so I think when you when you see Trump speaking
about matters of economics, what you're really listening to is
(33:36):
a businessman, a real estate developer. And if you remember that,
then everything else is predictable. So as businessmen, as property developers,
he wants mar A Lago to be as highly valued
in the markets as possible. And like when he bought
that property, he bought all the other properties around it
precisely because he wanted to reduce competition and wanted to
(33:58):
create a kind of monopoly lanmdman for himself, which is great,
it's great when that happens in private markets. But this
is the way he thinks the And the other part
of that is that as a guy, as a businessman
who's been dealing with real estate debt all of his life.
I mean, he grew up in a generation where if
the money was available to be borrowed. It definitely should
(34:20):
be borrowed, right, So his whole life is a businessman
has been levered up as high as possible. You'd be
crazy to not take every bit of of loanable funds
that are made available for you and put it into
play and hopes that you're going to out your profits
are going to outpace your rate of interest. So when
he talks about oh one other things, when a guy
(34:43):
like Trump is in the real estate markets out borrowing money,
he's making the banks compete for his business. So he's
out there saying, I want a lower rate. I want
a lower rate. I'm good for it. This is a
great project. My casino is going to do great. My
golf club's going to golf club is going to be wonderful.
You'll see if that bank doesn't give him a low
en afraid, he's going to compete it against So this
(35:05):
is the way they do business. So he identifies a
low rates as being a good deal, right, But it's
different when you're talking about an entire country, an entire nation,
and the dollar. He says, we want the lowest rates
in the world. It's such a strange statement because he's
(35:25):
speaking as like a real estate developer who wants a
good deal. But a nation with the lowest rates in
the world is also going to be playing with fire
because it'll eventually end up with unbelievable inflation. So I'm
not exactly predicting a second wave here, I'm just saying
that it's a danger if they follow these policies. There's
(35:47):
one other thing I wanted to say about Trump and
his attitude is as a businessman, Yeah, so you want
as much leverage as possible, you want to be the
only player in town, and you want to maintain your
real estate values as high as possible. So he's kind
of speaking for legacy homeowners, not the people who want
(36:10):
to get into the market. The only way you're going
to make homes affordable in this country again is with
a great greater deal of supply. That's going to drive
down prices. And yeah, that's going to be a problem
for legacy owners that think they're rich, but it's but
that's just what you need in a market that's going
(36:30):
to be more inclusive. One final comment about this, So
he talks about how the people who are existing homeowners
imagine themselves to be rich. Okay, keep in mind These
are unrealized gains. Right if you bought a house at
five hundred thousand and now it's worth's one point three million.
(36:51):
That looks very beautiful on paper, but your only satisfaction
is in looking at Zillow. You know, actually that's not bunny,
not actually yours until you put the market, Until you
put the thing on the market. That takes something else.
These high valuations have resulted in is higher property taxes,
(37:11):
which is, you know, the biggest scandal that you can
ever imagine. Imagine yourself, you know, an aging pensioner with
having paid off your house twenty years ago and you're
living happily with no real income stream, but your valuations
or your house are going higher and hire and the
county clerk comes along, I type some keys on a computer, says, oh, look,
(37:35):
your house is worth thirty percent more than the last
time I assessed. That your taxes are now up and
we're talking you know some houses in the Northeast in particular,
that the taxes are just beyond belief. I mean they're
higher than our mortgage and other parts of the country,
so this could be extremely punishing. Higher property values in
(37:57):
your house can lead to essentially you know, the potential
for bankruptcy and foreclosure because of the property tax problem.
Speaker 2 (38:10):
Yeah, I live in Texas, and while I don't want
to complain too loudly, so people from California don't strangle me.
Our tax burden overall is not brutal here, but the
property taxes are. When I first moved to this state,
it was a second mortgage when I saw because they
have to weave it into the mortgage and all that,
it's like your mortgage doubles for it. And you're looking
(38:31):
around thinking this can't be right. It's this some kind
of a misprint. But it's not a misprint at all,
and it's just anyway.
Speaker 5 (38:37):
I like, these markets are so crazy. You look at
this ticket price of houses and you think, okay, well,
this is three hundred and fifty thousand dollars house. But
once you include the mortgage and the taxes and you
know all the other fees involved, you're going to pay
double triple and sometimes quadruple over the lifetime of your
mortgage for the same thing. So you know, buyer beware.
(39:00):
Sometimes renting is you know a better deal. You live
in Texas, that's great, I tell you what. In the Northeast.
Oh my goodness, look up some of the property taxes
in the Northeast. People are paying twenty thirty, forty to
fifty sometimes six figures and property taxes alone. It's unbe unbelievable.
(39:22):
But people pay. And for what For police that don't work,
schools that suck your roads with potholes.
Speaker 1 (39:28):
I mean, I get to tell you stories.
Speaker 5 (39:30):
It is so sad.
Speaker 1 (39:35):
All right, I have to ask you about this.
Speaker 2 (39:37):
Josh Holly, Senator Josh Holly sat down with our mutual
friend doctor Jay said this.
Speaker 9 (39:43):
Don't you think to restore public trust is important that
we level with the American people, that there's transparency, that
we correct the record and say, here's actually what your
government did with your tax money. And we were told
over and over and over and over, no tax money
ever went to WUHAN, no gain.
Speaker 1 (39:59):
Of function research. That was a lie.
Speaker 9 (40:01):
That was a lie from the leaders of NIH at
the time. I think those lies need to be corrected
and the facts, all of the facts, however sorted and
unpleasant they may be for the institution, need to come
out so that the public can say, Okay, we've cleaned
house here, We've got some confidence in what our own
government is doing with our tax money. Don't you agree
(40:21):
with that?
Speaker 5 (40:22):
I do agree with that. After a patient dies in
a hospital, there's often a conference, a morbidity immortality conference,
where there's just an honest conversation what went wrong?
Speaker 1 (40:31):
I think that the United States desperately needs that, desperately.
Speaker 9 (40:34):
Well, will you make that a priority in your time.
Speaker 5 (40:37):
In IH Happy to collaborate with you and others in Congress.
Speaker 1 (40:41):
To make that good.
Speaker 9 (40:41):
I think it's absolutely.
Speaker 1 (40:44):
Yeah, hard to complain about that.
Speaker 5 (40:47):
Well that was music Today's ears, right, I mean, all
day long, it's surrounded by people saying, don't disclose, don't look,
don'tant to investigate, don't talk about what happened. So but
it sits. And you saw his exchanges with Bernie Sanders,
which another subject entirely. So he sits down and he
here's a senator actually is saying something sensible. I can
(41:08):
just tell you, you know, quite frankly, as a friend of Jay's,
that kind of stuff just warms his heart. He's been
desperate for some kind of investigatory commissions that's honest and
truthful about COVID. He really wants what is increasingly being
called COVID justice. Right. We need COVID justice, and that
(41:30):
justice has to begin with information and truth. We're getting
it a little bit more at a time, but it's
just not systematic, and it's not nationwide. I'm really hoping
at some point that the Senate itself will put out
a very strongly worded resolution that everything about the pandemic response,
(41:52):
not just the creation of the virus, but the way
we responded to it with church closers and school closures
and brutal business closures and force masking and then forced
injections and plexiglass everywhere, and oh, just what a time.
I would love to see a clean and clear and
relatively short Senate resolution that repudiates all those policies and
(42:16):
says we will never do anything like this ever again.
I think that would be a great start, and I
know Jay backs that idea too. I think he's doing
a tremendous job insofar as it's possible as ahead of
the NIH.
Speaker 2 (42:33):
Jeffrey, I mean, I could always have you on for
an hour, but sadly I must let you go. I
appreciate you very much, sir. Come back, except I'm talking
to me. I'm not even talking to you here. I'm
talking to me. Accept whatever accountability you get when it
comes to the COVID era. I don't know if this
(42:55):
happens to you, but whenever I play any of these clips,
right I've watched these things on the news, I can
feel my blood pressure going up because I remember when
the federal government, state government's local governments.
Speaker 1 (43:06):
I remember when they did that to us.
Speaker 2 (43:08):
It makes me angry all over again, and I immediately
I think to myself, same thing, you're thinking. We're never
gonna get justice on this earth for all that, So
whenever we get a little bit of it something it's
worth celebrating.
Speaker 1 (43:25):
I'll tell you what I'm grateful for this.
Speaker 2 (43:28):
If it weren't for COVID, I wouldn't have found Chok,
not your herbal supplements from Chalk. Chalk got in front
of me because Chok was out there loudly saying social distancing.
Speaker 5 (43:41):
What this is?
Speaker 1 (43:42):
Bonkers?
Speaker 2 (43:43):
What are we doing? Take your stupid mask off? And
I thought, who are these guys? Found out their hardcore
anti communists, And then I found out that taking a
male vitality stack from chalk every day. By the way,
they have female vitality stacks. Male vitality stack from chalk
every day keeps the doctor away. That's why I do it.
(44:03):
It's not that I just am full of energy now.
It's not that my mood is wonderful now. I am
so grateful that I discovered chalk four years now with
a male vitality stack flowing through my veins.
Speaker 1 (44:17):
Try it. You are ninety.
Speaker 2 (44:18):
Days away from feeling like a new person. And when
you do see the doctor, he's gonna say, oh my gosh,
your blood work. Chuck dot com slash Jesse TV.
Speaker 1 (44:29):
We'll be back, all right. It is time to lighten
the mood.
Speaker 2 (44:42):
And normally in this segment we bring you a video
or a funny story, something to really brighten your day.
Speaker 1 (44:48):
But honestly, I need to apologize.
Speaker 2 (44:52):
I was so focused on giving out my free book
Jesse Kelly dot com. By the way, just go to
Jesse Kelly dot com, put in your email address, will
send you a free book. Anyway, I was so focused
on the free book that I lost sight of the
fact it's Black History Month, and that's obviously a huge,
(45:13):
huge thing on this show. So we just felt the
need to once again honor a civil rights icon. Yeah,
we shall overcome. I'll see it them all
Host
Jesse Kelly
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