PM Show Hr 2 | Joseph Vazquez of Media Research Center on Free Speech

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Episode Transcript

Speaker 1 (00:03):
It's that time, time, time, time, luck and load Michael
Arry Show is on the air.

Speaker 2 (00:19):
I admire people, and it's almost always men. That's just
a fact. You don't have to teach your feelings hurt.
Men can't give birth, you know. But the reality is
that throughout history, almost all of the great inventions, innovations,

(00:42):
barrier busting was from men. Now Marie Curie would be
one great exception to that, and an incredible story, and
what she was willing to do for scientific growth and
development is nothing short of amazing.

Speaker 3 (00:58):
But that is sad.

Speaker 2 (01:00):
In twenty twenty three, on this day, a submersible which
is basically a capsule like a submarine, but it goes
down under the water. It's not a military vehicle, it
doesn't move that fast, but it goes under and it
was operated by ocean Gate Expeditions. The founder and CEO

(01:26):
and face of the company was a man named Stockton Rush,
and he had this dream, this vision that he was
going to create a submersible that was going to be
used for underwater exploration tourism and there was going to
be big money for it. In much the same way

(01:48):
that Elon wants to go to the Moon. I mean
to Mars. This became an obsession for him, and it
was an obsession while at the same time being a
financial drain. So he has the challenge of trying to
get this thing to market where they can use it,
and yet he can't make any money until they can
use it. So he has to play fast and loose

(02:10):
with where they flagged the vessel because they can't get
approval from any of the governments. And his top people
are all saying, hey, you know you're making out a
carbon fiber because that's a lighter weight. But that carbon
fiber can't hold up at the PSI pressure of how
deep we have to go. And the big site that

(02:32):
he wanted to make into the tourist site was the Titanic,
because everybody wants to go down and see the Titanic,
and it's still there. It's underwater. They've not pulled it up.
It was on this day two years ago that it exploded.
It imploded as most people involved believed it would, and
Stockton Rush couldn't be told otherwise.

Speaker 1 (02:55):
But I tell you that whole.

Speaker 2 (02:56):
Story to tell you that one of the things that
should be pause for concern is that Stockton Rush said
as White liberals always do that. He didn't want to
hire fifty year old white guys. He wanted to hire
young women. He wanted to hire minorities, because that's what

(03:17):
inspires sixteen year olds. The failure of his submersible and
I take no joy in this, I admire what he
did can in part be traced to the fact that
he had no one in his organization willing and able
to stand up to him and tell him this thing
he's going to fail and kill everybody on it, which
makes this statement even more poignant. Here he was before

(03:38):
all it happened, saying we don't want to hire fifty
year old white guys. By the way, Netflix has this
documentary right now. It's called Titan the Submersible, or I
can't remember exactly what it's called, but you can find it.

Speaker 1 (03:48):
It's a really, really good documentary. When I started business.

Speaker 4 (03:53):
One of the things you'll find there are other sub
operators out there, but they typically have a gentlemen who
were acts military sub mariners, and they will see a
whole bunch of fifty year old white guys.

Speaker 3 (04:05):
I wanted our team to be younger, to be.

Speaker 4 (04:07):
Inspirational, and I'm not going to inspire a sixteen year
old to go pursue marine technology, but a twenty five
year old, you know, who's a subpilot.

Speaker 1 (04:17):
Or a platform operator.

Speaker 3 (04:19):
One of our texts can be inspirational.

Speaker 4 (04:21):
So we've really tried to get very intelligent and motivated
younger individuals involved because we're doing things that are completely new.

Speaker 3 (04:30):
We're taking approaches that are used largely in the aerospace industry.

Speaker 4 (04:33):
Is related to safety and some of the preponderance of checklists,
things we do for risk assessments and things like that
that are more aviation related than ocean related, and we
can train people to do that. We can train someone
to pilot this up. We use a game controller, so
anybody can drive.

Speaker 1 (04:52):
Sub The Michael Barry Show, Michael Ary Show. We have
a little better times the years.

Speaker 2 (05:01):
Media Matters has come after me, I won a national
award as the top talk host in our entire company.
iHeartMedia and I mean Rush was up for that. Sean
Handy was up for that, Glenn Beck was up for that.
It was a huge, huge deal about six or seven
years ago, and it was the honor of my lifetime,

(05:23):
the honor of my career in radio and Media Matters
went after me and said, oh, but he says controversial things.

Speaker 1 (05:28):
Oh, he's a bad guy.

Speaker 2 (05:30):
And they tried to get my company not only to
withdraw the award they didn't, but to fire me. And
Media Matters is out there attacking content creators because they
don't want the marketplace of ideas to have any ideas
other than what George Soros and that type want. These
are the behind the scene things that you don't see
every day, the attempts to cancel.

Speaker 1 (05:51):
And it's not just me, it's you too.

Speaker 2 (05:53):
The difference is I can take to this microphone and
talk to a lot of people and mobilize a lot
of people because we have a tribe that is engaged,
just as Trump has built a tribe that is engaged.
But we do have people on our side who do
phenomenal work in this realm at exposing their side, and
that's Media Research Center.

Speaker 1 (06:15):
They do incredible work.

Speaker 3 (06:17):
Well.

Speaker 2 (06:17):
Our guest today is from Media Research Center. His name
is Joseph Ezquiz, and we saw something that he had
been talking about about George Soros dropping eight million dollars
to win elections, not in New York, not in Chicago,
not in California, not even in swing states like Michigan

(06:39):
and Pennsylvania and Wisconsin. Oh no, they're going for one
of the red est states out there. Oklahoma's the red
es state. But they're going for Texas. That's the prize
the left wants Texas. They've tried it with Beto O'Rourke,
they've tried it with Colin already. They if they take Texas,
the nation.

Speaker 1 (06:55):
Is lost and we all know it. This is ground
zero right here.

Speaker 2 (06:59):
In his latest piece that he's written, Joseph Vozkez has
exposed how something called Texas Majority Pack is working very
hard with Soros's money to win the midterms in Texas
next next year.

Speaker 1 (07:12):
We have asked him to be our guest to discuss that.

Speaker 2 (07:14):
Joseph uscuas Welcome to the program.

Speaker 3 (07:18):
Good to be here, Michael, thanks for having me.

Speaker 2 (07:20):
So how did this issue land on your desk? Let's
start there.

Speaker 5 (07:27):
Well, the Wall Street Journal was the one who initially
came up with a report on June nine, seeing that
the Texas Majority Pack was engaging in a new initiative
called the Blue Texas Initiative, pretty much to finally turn
Texas blue because Texas has been a foreign and the
source agenda's side for god knows how long. So Sols
is just the source machine is just sewing up in
dances as well. Let's just try to transform this.

Speaker 3 (07:49):
You know, this state.

Speaker 5 (07:50):
That has been kind of like a roadblock to our
agenda for years, whether it be an immigration, whether it
be on climate change, or do you name it, Texas
has stood in the way of the Source agenda. So
now they're deciding, okay, well let's just transform the place.
And I guess Soros, the source machine, has never heard
of the phrase don't mess with Texas. They're messing with
texansall right. But this this new initiative that you know
that that this that this group is engaged in. They're

(08:12):
going to be working with state and county parties to
recruit candidates and sign up volunteers.

Speaker 3 (08:18):
To start organizing rallies.

Speaker 5 (08:20):
They they're planning to visit two dozen cities to recruit candidates.

Speaker 3 (08:23):
I mean, this is an all out effort. And you know,
the the if.

Speaker 5 (08:27):
Anyone thought that when George Soros handed his empire, his
twenty something billion dollar empire with son Alex, that this
was going to slow down, it's not. It's a matter
of fact, kicking into high gear getting ready for the
for the midterms, which is why I encourage Americans. Look,
don't sleep on soorrols, don't sleep on the on the
liberal billionaires backing up these these candidates going into the midterms,
they are working hard to ensure that they can strip

(08:49):
any kind of influence that the Trump agenda could have
in Congress, you know, you know, and that's that's that's
ultimately the first step, you know, to completely shatter his control,
you know, his control of his own agenda, because that's
what's going to happen in the House or the Senate
is you know, they're going to do everything they can.

Speaker 3 (09:06):
To stone wall, to soon wall and frump agenda. So yeah,
so souls recognize that.

Speaker 5 (09:11):
And the only way that he the way that he
feels that this machine feels that they can get the
most bang for their buck is by finally turning Texas
to a blue state. They know that they lost Florida.
Florida used to be the bellweather state, where as Florida
goes so the rest of the country. They realize that
Florida now has gone deep reds and now they're just that, well,
if they got Florida, let's just take Texas from them.

Speaker 3 (09:28):
And if they take Texas, just like you.

Speaker 5 (09:30):
Said, the country is going to be seeing a lot
of left wing political leaders for the years to come,
and it's going to be terrifying. But of course, you know,
this is what's this is the Soil's modus operandi. They
spend only on godly fortunes to ensure that their agenda
is the one that is accomplished.

Speaker 3 (09:48):
In the United States, it's terrifying.

Speaker 2 (09:51):
It is terrifying, and it's too many electoral votes to overcome.
If Texas were to go blue, you know, it's it's
enough to outweigh a Republican winning Wisconsin, Michigan, Pennsylvania. You're
in the realm of two of those three states, and
that is significant. That is a very very difficult thing

(10:13):
to overcome. But we also have Congress, which Republicans have
by only a whisker, and Congress is basically a winner
take off, right If you have a majority in Congress,
you get the Speaker's seat, and that's the most powerful congressman.

Speaker 1 (10:27):
Nobody else matters.

Speaker 2 (10:28):
And they're going after this, and this is a battle
going on with redistricting right now in Texas and the
way these seats are structured. Yep, we want to win
two more seats in Texas, and Soros wants to keep
us from doing that.

Speaker 3 (10:41):
Oh absolutely.

Speaker 5 (10:42):
I mean, as a matter of fact, the representative from
the Texas Majority Pack, Catherine Fisher, apparently told it walsea
general quote, there is no choice for Texas or for
anyone else in the country who wants to see a
Democrat in the White House after twenty thirty two, but
to find a pathway through Texas. When everyone would talk
about the electorate, it was always, oh, yeah, CALIFORNI in
New York, those are the big you know, you know,

(11:03):
those are the big voting states for blue, you know,
with their high electoral college numbers, and then Texas, you know,
typically goes red. Well, now the leftis is figured out, well,
why don't we why can't we get Texas too?

Speaker 3 (11:13):
Then we have a trifecta.

Speaker 5 (11:14):
We have California, we have Texas, and we have New
York and I guess what we're going to be in
the White House and then you know, in control of
Congress for the foreseeable future.

Speaker 3 (11:22):
That's terrifying.

Speaker 5 (11:23):
I mean, especially when you when you see the kind
the kind of agenda that sols is, you know, is fomenting.
I mean, just to put you know, just to put
this in a in a you know, nutshell, just how
dangerous you know, the sources involvement in this whole thing is.
The Capital Research Center had come up with a study
in twenty twenty three finding that since two thousand, Source
has poured twenty one billion, yes I said, billion dollars

(11:44):
into overhauling global politics, both in the United States and abroad. So,
now when you look at all of these conflicts that
are occurring, whether it be in the Middle East, whether
it be in whether it be in Ukraine and Russia,
whether it be be you know, the you know, the
the growing conflict between Taiwan, and imagine the souls agenda
being the one that's guiding US policy on this whole thing.

(12:04):
And just to give you an another little note on
Solus's influence, Morton Abramowitz, who was the former head of
the Carnegie Domind Fund that years ago, had stated that
Solus is the only private citizen in the United States
that quote has his own foreign policy and can implement it.

Speaker 3 (12:22):
Need I say more.

Speaker 5 (12:23):
This man has the ability and it doesn't matter that
he's ninety four he's downloaded himself into his own empire,
and now it's being carried out through his son. Imagine
that this one man managed to gain so much political
influence that he can literally have his own foreign policy
and yet has the ability.

Speaker 3 (12:38):
To also implement it.

Speaker 5 (12:39):
And now we have his son, who's only still in
his thirties. We're going to be dealing with him for
decades to come. Imagine that agenda guiding US foreign policy in.

Speaker 3 (12:47):
The midst of everything that is going on right now
in the world.

Speaker 5 (12:50):
That terrifies the heck out of me, To terrify the
head out of every American.

Speaker 2 (12:57):
I just want to be clear, Michael Berry, that's me
has his own foreign policy as well. It's known as
the Very Doctrine, and the doctrine goes, you don't send
troops into a nation unless you were willing to live there,
because otherwise they just don't matter. We'll talk more to
Joseph Vozcuas coming up to Michael Berry show. George Soros,
he's the boogeyman. It's the name you hear a lot about.

(13:19):
He's pouring a lot of money into trying to flip
Texas blue. And when that happens, I'm going to tell
you this, when Democrats win a presidential election with Texas
having turned blue, you will never.

Speaker 1 (13:33):
Get the White House back again.

Speaker 2 (13:36):
Texas is the last holdout because it's the biggest state
that is Republican that is still potentially up for grabs.
You're always going to battle for Wisconsin, You're always going
to battle for Pennsylvania, in Michigan, in North Carolina and Virginia.
Florida is no longer a battleground state. And you know what,
the Santis de serves a lot of credit there as well.

(13:57):
But when they win Texas, which is their prize, this
is they've grabbed the flag and they're headed back to
the middle of the field.

Speaker 1 (14:04):
It's over.

Speaker 2 (14:05):
Joseph Vozquez is with Media Research Center and he's been
writing about this. You were talking about George Soros, and
you said in your piece, since twenty sixteen, George Soros
has thrown no less than six hundred and nineteen million
dollars at the quote unquote issue of climate change in
order to quote reshape the world into eco utopia. First

(14:29):
of all, I do not believe in global warming at all.
But worse than that, not only do I believe it's
a real phenomenon. I believe it is an effort to
destabilize the United States, to bring China up, and to
bring harm to our economy. It is a dangerous thing
that is going to cost at a minimum our standard

(14:49):
of living, if not more.

Speaker 1 (14:51):
But let's talk about how he's.

Speaker 2 (14:53):
Made climate change or global warming into this big issue
and why that matters.

Speaker 3 (15:01):
Well, you know, you hit the nail right on the head.

Speaker 5 (15:03):
I mean, the Left doesn't care as much about the
issue of climate change in and of itself, rather than
they can use it as the lynchpin to start regulating
people and their lives to Kingdom come, which is why
you have these global governing authorities, whether it be of
the United Nations.

Speaker 3 (15:16):
Or other groups. You know, these are these are.

Speaker 5 (15:19):
Things that Soros envisions as being able to police America
to be more in line with his dark open society worldview.
He believes in a global governance that can control climate change.

Speaker 3 (15:29):
He said this openly. As a matter of fact. This
statement on that matter is included in this.

Speaker 5 (15:33):
New report that I released with my with my colleague
from Bongino Report, Maple Lumbo, who did amazing work with me.
I want to just give a shout out to him.
But this, but this, Yeah, but this report found that
you know, between him and also his son, between their
commitments and how much money they spent on eco activist
groups across the world, and they've committed over six hundred

(15:54):
and eighteen million dollars sources of purpose of buying any
coo utopia.

Speaker 3 (15:57):
So Souls puts his money where his mouth is.

Speaker 5 (15:59):
This is not just in bluster and apparent and according
to our refinings, he had given up this money to
you know, spread across three hundred and forty five eco activist.

Speaker 3 (16:07):
Groups around the world.

Speaker 5 (16:08):
And one of the one of the scariest ones that
we had found in this report is a group called
forty Cities, which is a global network of mayors leftist
mayors around the world that are dedicated to pushing a
global green new Deal.

Speaker 3 (16:21):
And the irony about this is that.

Speaker 5 (16:23):
Soul's not only gives money to this group, but his organization,
the Open Society Foundations, are actively working with c forty
Cities to help mayors institute a.

Speaker 1 (16:30):
Green New Deal.

Speaker 3 (16:31):
What's the what's the motive behind this?

Speaker 5 (16:33):
Well, the United States failed to get a Green New
Deal passed, so they decided to take the fights of
the localities, whether it be in the United States or London,
or or or Parents or anywhere, or any other mayor
in the in the world and get them to institute
the Green New Deal policies there and the you know.
And the amazing thing is is that the co chair
I believe of this organization is not other than City

(16:55):
Con the radical left wing mayor of London and the
and you know.

Speaker 3 (16:59):
So it's it's amazing to.

Speaker 5 (17:01):
Me that I know that you know that this you
know that you know that Source has been able to
do this relatively under the radar, given how much money
he's given to this effort.

Speaker 3 (17:09):
But that's just one example.

Speaker 5 (17:11):
I mean, there are many other examples of Souls giving
to grassroots organizations, extremist groups like the Sunrise Movement that
organized protesters that galvanized young students across the United States
to issue these these wild protests, blocking streets, intimidating politicians
to implement Green New Deal.

Speaker 3 (17:27):
It's crazy stuff.

Speaker 5 (17:29):
But Source is not only concerned at the systemic level
at trying to get governments to be pressured. He's also
going to the grassroots, to the protesters. So he's funding
these groups at every level of government. And you know,
the funny thing is is that some of these groups
that we found have direct pull in the United Nations,
but to help institute this this crazy, this crazy fixation

(17:51):
on climate change.

Speaker 3 (17:53):
You've hit the nail right on the head.

Speaker 5 (17:54):
Has nothing to do with science as much as it
does to do with control.

Speaker 3 (17:57):
And that's what sources agenda is all about. He does
not like the fact that the United States has considered
to be sovereign, like you know, like what are they
call it? Packs Americana. He hates that.

Speaker 5 (18:07):
He wants America's power to be subjugated to an international
body that will be able to release its policies for it,
including on the issue of climate change. And this is
what our report found. And it was terrifying to even
find some of these groups that I've never heard of
before but apparently have wield enormous influence.

Speaker 3 (18:24):
I'm like, how in the world that.

Speaker 5 (18:26):
These groups be able to operate, and no one knows
that these groups even exist, but sure enough they do,
and they're getting millions from sorrows, you know.

Speaker 2 (18:34):
Joseph Vozkaz Media Research Center. I have made the point
over the years that probably the greatest asset, the thing
that hides what the left does, what the globalists do,
what the authoritarians do, what a corrupt small town police
department does, the things that these things are allowed to
continue in public view solely because of the absurd that

(19:01):
no one believes. There's no way this could possibly be happening.
You guys have to be kooky. There's no but it is.
And that's the great frustration is that we sound like
chicken little the sky is falling, and in fact, and
then in time, you know, hey, Joe Biden's demented, he's
toppling over, he has his mind is out, he's sundowning,
he can't do anything. He hasn't been seen, and they're

(19:22):
using an auto pen. Michael, you're a nut. Come on now.
Jake Tapper, who said that wasn't happening, is writing a
book and getting rich off of saying, yeah, it was happening,
so we shouldn't need to be for years. Yes, And
so what you're talking about here is both frightening and
worse real, all too real.

Speaker 1 (19:44):
And that's the point that needs to be made.

Speaker 5 (19:48):
Absolutely, and you know, just to put a point on this,
it's even worse when you consider how source has always
beat himself.

Speaker 3 (19:54):
I mean, he's going to be ninety five in August.

Speaker 5 (19:56):
You know, he doesn't really have that, you know, that
long you know lifespan left on this earth.

Speaker 3 (20:02):
But when you consider.

Speaker 5 (20:03):
His own philosophy and how he injected that into his
own organization and indoctrinated his own son with this, he
said this in his book, which I found to be
the most chilling aspect of the Soul's philosophy. In his
magnum opis The Acheme of Finance, which outlines his entire
investment strategy, how he broke the Bank of England, how
he managed to get rich off of crashes and things
like that. It's actually a pretty ingenious, ingenious book, you know,

(20:27):
on his part, because you know he knows the mar.

Speaker 3 (20:30):
Because he knows how they play.

Speaker 5 (20:31):
But in that book, when I was reading it, at
the end of that book and page three oh five,
if I'm not mistaken, he said this, and it killed
me to the bone. He says this quote. I have
always harbored an exaggerated view of my self importance. To
continue to put it bluntly, I fancied myself as some
kind of god or economic reformer like Kams think about it.

(20:53):
He literally said that he views himself like some kind
of a god.

Speaker 3 (20:56):
Now, I'm now, this is now.

Speaker 5 (20:58):
This is when you're dealing with a billionaire that's operating
with other abilities, like Elon Musk or Bill Gates. But
this is one of the only examples that I've actually seen
of a billionaire who has this much influence and who
actually refers to himself as some kind of a deity,
a god complex and he actually has the ability to
be able to shift global politics how he wants. That's
what's even more terrifying.

Speaker 3 (21:17):
Because the old organization is built upon that view.

Speaker 2 (21:22):
Joseph Rosquez, I am grateful you've been our guests, but
you make it harder to sleep at night with these revelations.

Speaker 1 (21:29):
Keep up the great work, my man. Media Research Centers,
Joseph Rosquez will have you back.

Speaker 3 (21:32):
Thanks.

Speaker 1 (21:33):
Michael Michaels. The system to.

Speaker 2 (21:48):
Speaking to show sponsors frequently, I get a good sense
of what their challenges, joys, wins, losses, concerns are and
I keep hearing that they feel that customers are afraid
to spend money right now on things they otherwise want
and would usually buy. Because of this fear, bad things

(22:12):
are going to happen. It was fear over the tariffs, well,
that has subsided. It was fear over the stock market
tanking that has largely subsided. But it'll be up and down.
The stock market is going to be volatile right now.
That's just going to be the case. Folks who diversify

(22:33):
their investments have fewer fears. But I find that people
who don't really even have any money in the stock
market are fearful because they hear the stock market is down,
even if it wasn't down that day or year to
year or a year over year or this calendar year.
They're hearing these negative thoughts and it affects them and

(22:54):
they don't know what the actual numbers are. And so
when that happens, people don't. They don't make the big
purchase of the new house they were prepared for, or
are the land to buy the new house, or to
build a new house. They don't invest in research and development.
By the way, my CPAs and financial tax advisors. A

(23:17):
company called Deroche Partners in Houston reviewed the big beautiful
bill from me, and they said, there are a number
of things to feel.

Speaker 1 (23:24):
Very good about.

Speaker 2 (23:25):
Number One, research and development credits are going to be restored.
So none of this affects big corporations. They've got their
own lobbyist. They're always going to be taken care of.
It's the small, mid sized business that needs this, the
small to mid sized business that does a lot of
the research and development that becomes what the big business
is swoop in and buy up later. If you look

(23:47):
at technological advancement in this country in the last thirty years,
you will find that most innovation does not occur in
major corporations. They're not set up to innovate. It occurs
in somebody's garage. Now it will be rolled out by
an Nvidia or an Apple, or a Google or a

(24:09):
Facebook or a Pallenteer or fill in the blank. It'll
be rolled out by them, because what they'll do is
they'll swoop in when someone shows a proof of concept
for a technology that works, and the owner is living
in a eighteen hundred square foot home and driving a
very basic vehicle, and now he has created something that

(24:30):
that big company could not create, and they buy him
out for fifty million dollars and that's me.

Speaker 1 (24:34):
He's sixty years old. He's happy.

Speaker 2 (24:36):
Or maybe they buy him out one hundred million dollars
and they turn that technology and monetize it for billions.
That is all by way of saying, small business is
where our innovation comes from. So you want a tax
policy that encourages small business to take chances, to take risks,
to invest their cash because remember, they take all the

(24:59):
risks government doesn't.

Speaker 1 (25:01):
The IRS doesn't take the risk with R and D.

Speaker 2 (25:05):
They don't take the loss in the same way they
don't lose their house, their marriage, their car.

Speaker 1 (25:11):
They don't.

Speaker 2 (25:14):
Collateralize their four one K or cash it out. So
you want to encourage people to do that. Now, the
reason I brought this up is my guys that De
Rose partner said, you've got R and D credits being returned,
you've got passed through for small business, those tax advantages.

Speaker 1 (25:34):
A lot of that's being restored.

Speaker 2 (25:36):
The estate planning reforms are not where they need to be,
but that'll go up to fifteen million a person, so
thirty million dollars for a married couple, because why on
earth when you die after you have created this wealth,
you've paid taxes, what you've created is only what they've
let you keep. They've taken about forty six percent of

(25:58):
what you've had before that.

Speaker 1 (26:01):
That number fluctuates depend on what state you're in.

Speaker 2 (26:03):
But they've taken almost half of your earnings through the
course of your life at city, state, city, county, state.

Speaker 1 (26:13):
And federal.

Speaker 2 (26:14):
They've taken your money and what little bit you've left,
you've saved and accumulated and built. Why should the government
ever get to step in between what you have left
when you die and it passing to the next generation.
They've already taken too much of your money. On what
basis do you justify, Well, that guy he died and

(26:37):
he wants to leave everything to his daughter, how should
the government be able to go No, before you leave
the die, we want to take a bunch of it
for ourselves. Why on what basis you've been taxing him
every year? Now you're going to add an additional tax,
a death tax, to punish him for dying. One of

(26:58):
the reasons we accumulate is to share with the people
we love. This is crazy, this mindset, and we've allowed
this mindset that is so distinctly un American. A lot
of people come to this country to create wealth because
of the opportunity to do that, because you can't do
it in other countries. We create access to capital so

(27:18):
people can can can.

Speaker 1 (27:20):
Fund a dream.

Speaker 2 (27:22):
We do all of these things and create economic wealth,
and yet we still have these runts, and they're the
runts of society, sitting around going, yeah, you made money.
You're just lucky. Your daddy's rich. Nobod as a maintenance worker. No, no,
that's not it. I work hard, I take risk. You don't.
You make bad decisions. Okay, you make bad decisions. You
don't get any of what I make. President Trump is

(27:45):
very frustrated because one of the things that will jump
start the economy is lowering interest rates. Interest rates are
higher than they have been in what fifteen years now,
we had artificially low entry. I have a mortgage on
my home. I think it's two in an eighth, maybe
it's two in three eighths. It's insane. There's no reason

(28:06):
for me to pay off my loan because at that
interest rate, it's almost free money.

Speaker 1 (28:11):
You can't get that today.

Speaker 2 (28:13):
So you know who's hurting Furniture dealers, boat salesmen, car salesman,
home salesman, home builders. If individuals and companies do not
have access to credit at an affordable price, they don't
do deals. When they don't do deals, our economy slows

(28:38):
way down and it's hard to get yourself out of it.

Speaker 1 (28:43):
You know, when you study third world countries.

Speaker 2 (28:45):
Thomas Soul has talked about this, and his mentor Milton
Friedman has talked about this. One of the greatest difficulties
of jump starting economies, building infrastructure for economic development and
growth in third world countries is the lack of capital.
And so what we try to do historically is go
in and hand that money to the governing party. Will

(29:07):
they just steal it or we hand it to the banks, Well,
they just loan it to the governing party, because without
the governing party, they don't get to be a bank.
It never trickles down. You know, there was a program
that was undertaken in Dhaka in Bangladesh, and it was
micro loans, some of them twenty dollars up to two

(29:27):
hundred dollars, and a woman who was weaving a loom weaver,
a woman that was working with jute, a woman who
was plowing a little bit plot of land, a woman
who was a shoe repairman, and it would be enough
to get them a few pieces, a few tools to
do their job more efficiently. So everything wasn't completely by hand.
That have, you know, a little hammer gun or something

(29:48):
to speed the process, and it worked. We have to
have access to capital in this country to see the
economic boom that we've seen before and want to see again.
So here's President Trump talking about Jerome Powell ahead of
the FED and why he won't lower interest rates.

Speaker 6 (30:03):
Now we have a man that just refuses to lower
the federal I just refuse us to tell her. And
he's not a smart person. I don't even think he's
that collude. I think he hates me. But that's okay.

Speaker 1 (30:13):
You know, I should he should.

Speaker 6 (30:15):
I call him every name of the book, trying to
get him to do something. I've been nice to him.
I do it always. I don't know how to sell
I've been so nice to him, fellas he wouldn't. But
let's have dinner.

Speaker 3 (30:24):
Too late.

Speaker 6 (30:24):
I call him too late, come on, too late, let's
have dinner. I do it every way in the book.
I'm nasty, I'm nice.

Speaker 3 (30:30):
Nothing works.

Speaker 6 (30:31):
He's like just a stupid person.

Speaker 1 (30:34):
Elvis, let me thank you and good night.