Ep. 1902: When Political Violence Becomes Signal & Big Banks Are Becoming Irrelevant

I've done a rant, narrating articles & presented my commentary:
* When Political Violence Becomes a Signal
https://www.activistpost.com/when-political-violence-becomes-a-signal/
* Big Banks Are Becoming Irrelevant (And They Know It)
https://www.activistpost.com/big-banks-are-becoming-irrelevant-and-they-know-it/
Music Credit by The Orchard Enterprises, Faster Than Light Introduction
Contact, [e-mail]
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#Activism #Economy #Corruption #Nullification2025 #DemoniacResistance

Episode Transcript

Speaker 1 (00:31):
Greetings, my fellow friend love album thinkers. Thank you to
the LB podcast. My name is Crest with me if
in the beautiful realms of Planet Earth. Today's date is Saturday,
October fourth, twenty twenty five is episode eight nineteen oh two,
when political violence becomes signal and big banks are becoming

(00:52):
irrelevant before our proceding. Can find in multiple social media
sites and podcast channels. Just type in look at Luck
number three, look at Luck Rouman, and with Ridgerie eyes,
we're looking up Romannu three podcasts for the more. If
any questions, comments, recommendations, all that this stuff for livery
do please use the chorum. Hit me via email to
l L three dot podcast at proton dot me for

(01:12):
their donat gonna paypowder a mirror cash dot at for
slash low number three. If you want to give me
a little crypto love and find me on a steam it,
I'm there at l L number three dash podcast. Oh
my goodness, Well, all guys say the same old song
and dance blame game, finger pointing one person better than
the other. I hate that president, worst president. Everybody can't

(01:32):
even wipe my own rear rent Ain't that dandy? Yeah?
All these one dimensional hats out there still want to bitch, complain,
don't want to engage. You know what, keep your mouth shut,
have a penile microphon in your mouth or rare muzzle.
Pretty much whatwice is what you got, So no more complaints,
Do something about it. Plant those seeds now no tree.
So this is why I always help you for a

(01:54):
very long time. Be proactive. I want to hear all
these stupid memes from all these other garbage stuff you
share on your social media sites is awful, stupid, lousy.
The turkey from Tinsol Town, it reminds me of that movie.
Is a terrorist tiny town, but the midgets or the
doors or western kind of movie. Yeah, I've seen that
many many years ago. Not our own movies by the

(02:15):
late great Big Wilson down in Miami, Florida may still
be for free of course. Well enough of that said.
All I gotta say is stay vigilant, observe responsibly, and
take action. Stop living in fear. Don't complain, do something
if you if you got a grite, don't do anything.
You got nothing to say to me or any other

(02:36):
like of individual out there. And I digress. Well, first
gonna be reading here came from me institute. These acting
these two articles gonna be reading from there, written from
the Activist Post. This one here it came from institute originally.
When political violence becomes a signal it is written by
Jimmy Alfonso Lacan and that it said as it reads here,

(02:58):
the assassination of Charlie Kirk is a track on several levels.
It robs his family and friends of the time they
would otherwise have had with Charlie, especially his young children
and wife. It is a tragedy to Charlie. His wife
was cut prematurely short. His life, not his wife, his life.
I'm sorry about that, and it is a tragic signal

(03:19):
that wrong word spoken. Even in a liberal democracy, can
you can get you killed? As an academic and public intellectual,
I find that chilling is also unsettling a case study
and how democratic incentives can corrode political life. For all
the shock and horror surround the killing, it's logic not

(03:43):
entirely mysterious. The twoths of political economy and philosophy, especially
concepts like rational irrationality and theories like costly signaling theory,
can aid are understanding why political violence sometimes emerges from
within democracy itself. E Timists and philosophers have long puzzled

(04:07):
over a simple question, why do citizens participate in politics
when their individual actions are almost certain not to matter.
Casting a single vote at handing the protests, or running
the lintertal representative rarely changes the outcome. Simple, think and
act locally. You got to push those buttons, little by little.

(04:27):
That's the name of the game, friends, That's what government runs.
That's how it is. I'll continue on. The probability that
your ballot tips a national election is about one and
sixty million. That's roughly the same chance as winning the
state lottery jackpot twice. So in light of this, it
would be seen it would seem irrational for anyone to

(04:50):
spend time or resources on politics at all. Yet people do,
and they often do it so passionately. A popular developed
by the economist Brian Kaplan holds that citizens are rationally irrational.
It is thus practically rational for individuals to indulge a

(05:11):
systemic epistemic, excuse me biases, and partisan fantasies, because the
cost of doing so is virtually zero. If my single
vote or tweet or protests, I won't design the outcome.
Why not use politics to express my tribal identity. On

(05:32):
this account, political ignorance and bias are not the products
of stupidity, but instead are the product of perverse incentives.
It is rational for individuals to remain ignorant about complex
policy details while indulging in expressive forms of political identity
red blue, red blue, all respect. They gets screwed. The

(05:56):
personal cost of error is nil, neglect, negligible, negligible, got
it good, grief, negligent. The bowl and the trifle payoff
can be large. I got to practice that before I
putting it out here, So forgive me, folks, not to
laugh on myself on my mispronunciation. But I got it,

(06:20):
I correct it. I had to do my homework, make
sure I do it properly. And I say that with love.
But I'll continue on. This same logic extends into darker domains.
Assassination almost never achieves the ends it's perpetrators imagine, institutions,
adapt successors, step in movements. Indoor killing Charlie Kirk will

(06:44):
not dissolve this conservative youth movement he helps helped energize,
nor it will cure America's polarization. Yet the assassins calculus
often looks different. Violence can be treated as a kind
of expression act that signals loyalty, register's rage, or manufacture's
instant variety. Within the distorted incentive structures of democratic politics,

(07:10):
such bonds may appear subjectively rational, a way to demonstrate
tribal llegians. However, judge from the outside, it remains objectively irrational,
producing social and political harms that far outweigh Whenever fleeing
fleeting sense of means, meaning or recognition the killers thought here.

(07:36):
Signaling theory helps deepen the analysis. Economists and biologists alike
distinguished between cheap and costly signals. A cheap signal is
easy to produce and therefore easy to fake. A political
bumper sickle or a social media post is cheap. Anyone
can slap it on their card or timeline without much effort.

(08:00):
Cost These signals, by conscious are harder to counterfeit, precisely
because they involve sacrifice by an expensive engagement. Meaning is
costly is a costly signal of commitment. Serving in combat
is a costly signal of loyalty to one's nation, and

(08:21):
at the extreme end of politics, violence unfortunately functions as
the ultimate costly signal. To risk imprisonment or death. Signals
has a steep cost that no slogan could. For political
radicals desperate to signal loyalty or to cement a reputation,

(08:42):
violence becomes perversely attractive, But the reputational logic does not
end with the assassin. Political actors, media figures, and activists
quickly sees upon acts the violence to enhance their own standing.
Some rush to blame upon, portraying the tragedy as proof

(09:02):
of the other sides depravity. Others posture as voices of unity,
presenting themselves as moral exemplars. Still others exploit the moment
to harden their preferred policy positions. The assassination becomes a
reputational resource, a grim coin to be spent in the

(09:25):
economy of tribal politics. It is unpopular to admit that
sometimes virtual signaling and rationalization in politics can have unintended benefits,
similar to Adams Smith's invisible hand in markets. In those cases,
the self interested signaling of partisans sometimes nudges social norms

(09:50):
and a positive direction, and by broadcasting their moral connections
to look to look good to others, even if insincerely,
political actors sometimes thereby commit to moral progress on the
pain of moral hypocrisy. Unfortunately, assassinations reveal the dark side

(10:13):
of this process, where violence can hijack the signaling and
reputation process, turning it from a potential source of progress
into a driver of collapse. Instead of nudging norms upward, costs,
these signals, like political violence, drag norms downward, reinforcing polarization

(10:35):
and mistrust. Expressive violence intend as a tribal signal, can
end up corroding the conditions that make democratic cooperation possible.
The assassination also illustrates a broader truth about democratic governance.
Democracies are admirable because they diffuse political power make it

(10:59):
harder for a single person or faction to dominate, but
this diffusion also creates weak incentives for truth seeking. Individual
voters have little reason to become informed. Politicians have strong
incentives to pander rather than persuade. Partisans are rewarded for
tribal loyalty rather than epistemic integrity. These are statements meant

(11:25):
to persuade, regardless of truth, and after an assassination, the
incentive is not to investigate carefully or deliberately patiently. The
incentive is to frame the strategy in ways that will
resonate with one's base, regardless of the truth. So that
is why we see political leaders blaming entire ideological camps, activists,

(11:50):
police and speech on social media, and commentators spinning narratives
before the facts are known. None of this analysis this
excuses the act. It does not diminish the horror of
Kirk's death or the grief of those who warn him,
but it does help us in appreciating that democracy, by

(12:12):
diffusing political power, weakens the incentives for individuals to pursue
truth or policy impact. That this vacuum encourages expressive politics,
where reputation and tribal identity take presidents over rational deliberation.
In most cases, the result is merely wasteful, but in

(12:34):
some cases is horribly tragic and catastrophic. I'll be very honest.
That's why in these United States we're considered a republic
non democracy, because democracies have a one vote system. Our
republic three vote system, the polls, jury box, and injury trial.

(13:02):
During nullification, if there's a certain law that's considered you
believe in a parent contract or unconstitutional, you could say
not guilty on a grand jury, don't indict. Just give
you some examples, and nullification does work any commadury and doctrine.
That's why we don't have a one vote system what

(13:24):
democracy is. So I say that in good faith. I'm
not hearing the cast stones at this writer because he
does have great points. This is why when you go
with factions, it is dangerous. Because George watching it, even
warned us on it and his farewell address. That's what
I always tell all my beautiful people out there, be

(13:46):
the sentinel instead of a faction slave. Don't follow the heard,
do your homework, look at everything thoroughly. If you have
difference to certain people, they're not your enemy. You're sharing
views and you can probably learn from one another. And
I find that vital. Too many people want things my
way in that highway, like they all assume the world

(14:07):
should revolve around them. Forget about it. They're nothing more
than contaminators, desecrators, you know, defdicators. I don't do is
crap on everybody. That is why I always tell people
be a sentinel instead of a faction slave. And I'll
be right back for my final segment, So stay tuned,

(14:34):
all right, I gotta do one more here came from
activist post, but originally the Dollar collapse was written by
Brian Lutz came out yesterday too. Big banks are becoming
irrelevant and they know it. At the end of August,
contender for the FED chair Michelle Boehman told banks what change.

(14:56):
That change is coming, and unless you embrace AI and crypto,
your business will slowly die. With Powell's retirement and best
sense drive for stable coin implementation to save the US
debt market, the next BED chair will surely embrace those
ideas too. WHOA, yeah, I love the legal institutions. Yeah baby,

(15:22):
I'll continue on here. Karl Marx is climax and his grave.
I'll continue on here. There are two reasons for this transformation.
One debt. The amount of debt big banks are carrying
make it increasingly harder to turn a profit and ensure
a stable future. Any amount of debt the US is
carrying can never be paid off. Two. AI and blockchain

(15:46):
are placing power into the hands of individuals, not the institutions.
So the choir is singing a new gospel and well,
good luck go down here, Bloomberg reports. Bowman says change
WHI coming to how FED view AI and crypto banks
and regulars must embrace the benefits of the new technologies

(16:11):
such as artificial intelligence and crypto, or risk diminishing their
role in the economy, said us But the Reserve Governor
Michelle Brown, change is coming, said Bowman, the Central Bank's
top bank watchdog, and prepared remarks for the wyoming blockchain.
The poseum ideally regulars a lot will allow new users

(16:36):
to proliferate in a way that benefits the banking system,
she said, This is not our approach. Then we risk
the banking system becoming less relevant to consumers, businesses, and
the overall economy. Hooray. For the past two decades, junior
bankers have been slammed with more work than they can handle,

(16:58):
while the firm itself transforms their jobs into something new,
mainly automating task implementing online banking and enabling self directed investing.
Now banks are handing over even more complex task to
agentic AI to compete with individuals who naturally want to

(17:21):
control their own money. The thing is the news services
banks are adapting to save money are either not what
consumers want or are something consumers can have confined elsewhere.
Does anyone want to wade through the mire of AI
chatbox exactly well, no more human being able to just

(17:44):
have robots talk to us on our for our behalf
right please, CNBC NBC reports, They'll tell you how much
I really love these shows. Right, I'll continue on. Here's
JP Morgan chases blueprint become the world's first fully AI
powered megabank. The prospect of collapsing workloads mean that fewer

(18:07):
junior bankers may be needed, even while AI and enabled
teams handle more work and pitch more companies, according to
senior Wall Street executives at several firms who spoke on
the condition of animinity to provide their candid thoughts. But
to extract a full value from this new, almost magical

(18:30):
technology is not just about the tools. Changes to how
employees and departments are organized may be needed. A proposal
being discussed at a major investment bank is reducing the
ratio of junior bankers to senior managers from the current
six 's one to four to one. In the new regime,

(18:52):
half of those junior bankers would be working from cities
with cheap labor, says Bangalore Say, Bangalaurel, India, and Buenos Argentina,
instead of being clustered in expensive New York. The AI
power Junior bankers could then work on deals in shifts

(19:14):
around the clock, passing the baton from one time zone
to the next. With fewer bankers on the payroll, the
cost structure of investment banking would fall, boosting the bottom line,
said the executives. The bank is closing in on another frontier.
It will soon allow generative generative AI to interact directly

(19:37):
with customers, Waldron said. JP Morgan will start with limited cases,
like allowing it to extract information for a user, before
rolling out more advanced versions. He said, instead, US banks
are becoming efficient warehousers and distributors of debt. One of
the biggest banks here in Canada is saying the quiet

(19:57):
part out loud. Since over nine percent of transactions are
handed digitally and there's no profit on facilitating day to
day banking, the entire bank is making a shift to
mortgage lending and investment advisory. Canadian Morgan Trends report reports
mortgage approvals in hours not days. TD leaning on AI

(20:21):
to regain edge. TD is leaning on artificial intelligence to
strengthen this mortgage and retail banking business, telling investors it
sees both a forty billion dollar opportunity to win back
client mortgages held at a rival lenders and major efficiency
gains from automated approvals, pre approvals and client service. CEO

(20:47):
Chun framed a strategy as a way to deepen relationships
with existing clients and Canada. We've earned the trust of
an enormous client base and lead in retail banking in
primate privacy, he said. He also underscored efficiency games as
a cornerstone of the plan, telling investors that AI driven

(21:08):
speed and consistencies. Consistency will play a critical role in
both client satisfaction and long term profitability. We're approving mortgages
and hours instead of days. We are pre approving credit
cards with data driven insights for millions of clients. We're
producing reports in minutes versus hours or days, and we're

(21:29):
responding to clients in just a few seconds significantly shortened,
shortening call and wait times, he said. AI enabled adjudication
is already reducing turnaround times, lifting one day mortgage approvals
by twenty percent in the Mobile Specialist channel, the bank
noted TV also highlighted TV mortgage Direct, a digital funnel

(21:53):
that turns online interest into instant callbacks from specialists. That
channel has already fund is four point six billion dollars
and converts at four times the old process, with ninety
three percent of routine transactions are now handled digitally. Digitally.
T wants branches to focus less on bill payments and

(22:17):
deposits and more on mortgages, renewals, and investing. Another five
hundred branch staff will be deployed into home borrowing or
investing roles, with referrals to wealth advisors already up eighteen percent.
TD has also reorganized its proprietary mortgage channels, bringing mobile

(22:39):
specialists and in branch bankers closer together on complex deals.
That collaboration is already showing results, with branch referrals funding
three times as many mortgages and overall productivity more than
forty percent. The bank confirmed the writings on the wall.
Banks aren't transformed transforming because they want to empower customers.

(23:02):
They're transforming me because the old model of profit through
debt is unsustainable and new technologies threaten their relevance. AI
and blockchain are more than tools for efficiency. They represent
a shift and control from institutions to individuals. In the meantime,
the banking institution will compuree to break down in its
fourth turning, debt will get easier to obtain directly from

(23:26):
US Treasury or the fill the reserve itself vs. Stable
coins or new digital currencies. Well, I can tell you
this right now, my friends, based on this, always tell people,
even if you're in the banking system, work for them.
Learn more skills, bury yourselves, be more multitask trust me,

(23:46):
you'll thank me later. And furthermore, learn learn to centralize
ourselves gold, silver, pay off your properties. I know some
of them consider tenants, but we still got an advantage
competter other people. I'm not saying I'm better than anyone else.
I've been thankful in my life. I'm not. I'm not
a rich guy ran at all. However, i do own
these assets and it's very and I'm very thankful for that.

(24:10):
Or you want to prepare yourselves, even if you have children,
give them the truth. Don't code everything, but give them
the basic rundown. You know, and I'm not gonna teach
you how to be a parent, But children are curious.
They want to know the truth. Don't don't tell that
in fear, but with love and in good faith. So
one thing I gotta say about this, decentralize yourselves the

(24:31):
best you can, little by little. It's not saying this
it's gonna be easy. We've all been conditioned, all been
swindled one way the other. But that's okay. Even yours
truly has been through the same boat. Folks, Like I
said before, don't comply. Decentralized and a lot of interesting

(24:52):
suffers happening around the world. So the United States are
the only ones with issues. If you think one person
blame everything on one person, you're being delusional. Well that will
be it. I can everyone for listening, but feel freedom,
download and share this right social media networks. Have any questions, comments, recommendations,
and all that good stuff. Whatever you do, please use
the korm. You can hit me via email to L

(25:15):
three dollars podcast at proton dot me. If you wanna
donate on a PayPal, up me or cash on app
for slash local number three. If you can give me,
follow me and give me a little crypto love on
steam it I'm there at l L number three Podcasts.
I leave the footnotes of these articles on the page
these episodes. You can check it out for yourselves. I
always tell people, please observe responsibly. Once again, thank you

(25:38):
for your time, but always remember that the maniac resistance
is healthy for the soul and canliberate himany tone. Next time,
take care of yourselves, keep find spreading love. Mirror Guardian
spears be with you.