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December 5, 2025 • 63 mins

📍With Ukrainian peace talks collapsing, EU leaders openly preparing for conflict, and NATO escalating its rhetoric, the path toward a hot war with Russia is becoming increasingly undeniable.

David walks through the numbers, the agendas, and the delusions driving Europe toward a catastrophic confrontation — including the EU’s plan to seize Russian assets, NATO’s military buildup, and why Russia’s alliances with China and India change everything.

We also cover breaking U.S. news:
• The FBI finally arrests the alleged January 6th pipe bomber, after nearly five years.
• The internal shake-up that solved the case — and what it reveals about the Bureau.
• Stephen Miller’s warning that America desperately needs more lawyers for immigration and national security cases.
• Michael Burry’s chilling market message: “The market no longer thinks.”

Follow Clay & Buck on YouTube: https://www.youtube.com/c/clayandbuck

See omnystudio.com/listener for privacy information.

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Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Ukrainian peace talks breakdown, the EU is fired up. January sixth,
Bomber is snatched by the FBI, Steven Miller wants more lawyers,
and Michael Barry is leaving the market. This week on
The David Brutherford Show, all right, what's up, everybody? I'm

(00:30):
so fired up that you're here with us. Welcome back
to the David Rutherford Show. We are beyond blest. Our
numbers keep going up on YouTube, they keep going up
on our x feed video. Show them how what it
looks like, JORDI, that's right with the sound effect.

Speaker 2 (00:49):
With the sound effect, it's the same chart as the
AI company stock price projections.

Speaker 1 (00:54):
Just up into the right, just seven. Man, let's let's
wait that market in an astronomically destabilized position. I like,
I can't lose money, dude, It's impossible. Yeah, exactly. Oh dude.
I had a phone call with a guy this morning
about a story we're gonna we're hopefully he'll want to

(01:17):
break it with us.

Speaker 3 (01:18):
Uh.

Speaker 1 (01:18):
And it's it's about some sec and Finrish shenanigans going
on with a particular stock And man, I was just
riveted for an hour on the phone with this guy.
Telling me this story. And he's former Green Beret, so
it was like it was awesome and and man, JORDI,

(01:39):
when I was just listening to what this guy has
put together, I was just like I was catching flies.
I dropped I dropped my daughter off at school and
then I'm you know, I'm in the parent lane and
I'm like going, you know, what the fuck? You know,
Like I'm like, people are looking at like, who's the
crazy guy talking to himself in the car? Right get homes? Yeah,

(02:03):
it was just it's staggered. So just so y'all know,
we are working on some big stories. That's not the
only one, some really interesting things. Next week we were
releasing probably our two most significant stories that we've had
by far. I am so excited for these. You all
are going to love them. Make sure that you're ready

(02:26):
for Monday and Wednesday those releases. Again, we can't thank
you enough for how much support you've been giving us.
Always if you could subscribe, like and share, you know,
the deal that helps us in the algorithm to get
in front of people. We're just super stoked for all that.

(02:47):
All right, We've got a ton coming up for you today.
When we talk about Ukraine. But before we do, I
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(03:28):
You really kind of get back to that space where
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(03:49):
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(04:31):
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(04:53):
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(05:13):
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(05:36):
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(07:09):
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All right, This week has been tribute last you know,
I did some reviews of last week and stuff, and
it was the peace Talks. Well, we're at the end
of the next week of this and by all measures,

(07:32):
the Peace Talks have basically completely broken down. Many different
facets have come to play. Last show I read you
the twenty eight twenty eight Step not the last show,
but two shows go. The twenty eight America's twenty eight

(07:52):
plan step plan for Peace. That was really, I mean,
the main components was guaranteed security for both nominator membership
and Russia essentially controls the land it has it has taken. Obviously,
there was a response from the European contingency, who was

(08:15):
directly behind Zelenski's delivery of this. They're pretty adamant that
the United States does not have the final say in
all of this, to the point where we have now
this week seen what I believe is exactly what our
friend mister Koon was talking about before when we had

(08:39):
him on where he said, hey, it's highly probable that
this thing is moving towards a full blown kinetic engagement
in Eastern Europe, in Ukraine, Poland some of the Baltics
against Russia and NATO in the European Union. Now, why
do I say that? At Jordi, Why don't we bring

(09:02):
up Mark Root, who's the head of NATO, the comments
that he has been making. Basically what's taking place is
I think the European Union, led by the German Chancellor,
Prime Minister of England, Prime Minister of France, basically are

(09:26):
all coming together and saying, hey, we're not going to
do this. We're going to keep pushing this thing forward. Obviously,
their military industrial complex is being delivered or enhanced. Their
agenda of pushing NATO as far east as possible is

(09:48):
being forwarded. And so I just want to go through
a bunch of videos that really kind of caught my
eye this week. All right, So go ahead and Jordan
play mister roots this press or a little clip.

Speaker 3 (10:00):
Today, ministers reaffirmed our commitment to increasing defense investment, enhancing production,
and stepping up support for Ukraine. As we look through
the anchor of Summits, our priorities are clear, investing in
our security, strengthening our industry, and sustaining our support for
Ukraine so it has the means to endure this tough

(10:21):
winter and beyond. Nobody wants peace more than Ukraine, and
as we work hard for peace, we must continue to
provide Ukraine with the tool to defense its sufvereignty and
achieve a lasting resolution. Finally, NATO is a defensive alliance.
We will remain a defensive alliance. But make no mistake,

(10:43):
you're ready and willing to do what it takes to
protect our one billion people and secure our territory.

Speaker 1 (10:51):
You know what's interesting about that is he's basically saying that,
you know, he's pushing back because there was a couple
back and forth. He came out made these statements, and
then immediately they were following up with this idea that
because you got to fund this. Right, that's the great challenge. Right,

(11:13):
NATO's funding for its military and this military alliance is
not great because the vast majority of that JORDI will
you look up how much America has funded NATO over
the last four years, if you can get that data.
So when you think about NATO funding, I mean by far,
in particularly the Ukrainian War. America has been footing the

(11:36):
bill for this and vastly outstretching what NATO has done.
And now with Trump in office, he has come forward
many times and said, listen, if they're not willing to
really truly negotiate peace, we're not going to provide what
we've been providing anymore. This is just not good for us.
It's not good for our economy, it's not good for

(11:57):
our taxpayers. Plus, I think the American public is absolutely
exhausted with supporting this war, in particular with all the
variables that we've seen, right, and those variables are most
particular NATO and the European Union want this to continue,

(12:19):
I would say Ukraine is not in the strategic position
they profess. And we've got a video coming up here
in a little bit after that, and that Russia is
now pushing back and saying, listen, you guys know what

(12:40):
the deal is. We're not giving back. We want peace.
We one hundred percent do not want to go to
war with Europe. He said that multiple interviews over the
last couple of weeks, and then he always follows up.
But if NATO continues to threaten and continues to push,
and if they push the envelope, in particular, if they

(13:00):
do allow Ukraine to become a NATO country, which only
can be ratified if the United States degrees, and I
don't believe that President Trump and his cabinet are going
to allow that to happen in any way, shape or form.
But the other fact that you saw this week too,
even with Wittkoff and Vodka's husband Jared Kushner over there

(13:23):
for talks, they were forced to wait multiple times while
Russia engaged in other talks with other delegates from China
and other places. We saw putin go and meet with
Modi of India. We've seen a lot of basically Russia
is saying, you know, the sense I get is, I

(13:43):
don't believe that Russia believes that the US has any
control or influence on the European Union in NATO. All right,
So how much has has the US contributed to NATO.

Speaker 2 (14:00):
Over the last four years? Looks like the total is
about two point two billion? Is the US direct share approximately.

Speaker 1 (14:08):
In NATO spending on just overall operations. Overall operations.

Speaker 2 (14:14):
I think the total NATO Common Budget says was thirteen
point six billion. The US direct share is two point
two billion since twenty twenty.

Speaker 1 (14:21):
One, since twenty and that's annually, two point two annually. No,
that's a total of total. Okay, all right, and then
would you pull up, now, would you pull up how
much money the US has spent on supporting Ukraine? Yes,
all right, so you have that. And now the other
aspect of this that you're seeing too is Ursula van

(14:46):
vander Layan, who's the head of the European Union, who
came out with this, Because obviously, if the US pulls
out and reduces its contributions economically, militaristically, UH, intelligence support,
ground operations, support, training, all of that, then you're in

(15:10):
big trouble, right because now the European Union and they've
they've committed to try and raise five hundred billion dollars
in the next couple of years for its strategic defense initiatives.
And meanwhile, all of these countries have a profound economic
burden and sought I found it fascinating right as Mark
Root and a bunch of the other prime ministers are

(15:32):
are are slow dripping their populations into preparing them for
this conflict that I think they want and they believe
is coming regardless or want it to come. And a
whole nother story is whether or not you're going to
get your populations to fight in this. And I'm going
to talk about military assets here in a second. All right,

(15:52):
what is what is the US given Ukraine? Who total
direct aid?

Speaker 2 (15:58):
Direct aid is one hundred sixteen to one hundred and
twenty one billion, so call it one hundred and twenty billion.

Speaker 1 (16:03):
Okay, So you look at the NATO two point two
billion over the last few years, and then one hundred
and what was it twenty billion? One hundred and twenty
billion of your tax dollars have gone to this meat
grinder of a war. Right you either you forwarded against it.
That just you need to know how much spending has invested. Well,

(16:26):
so what they figure is they need money the European
Union because chances are if they continue to push this
and they push that NATO, that Ukraine joins either the EU,
because I don't think the US will allow NATO to
Ukraine to join NATO. So they'll join the European Union,

(16:47):
but then activates other treaties would underneath that. Then they
can come to their defense and begin kinetic operations, which
Keir Starmer has said, Marcon has said, the head of
Germany has said, So why don't you play miss Ursula's comments,
because what they're talking about doing is seizing assets, Russian

(17:10):
assets in particular in Belgium, seizing Russian assets to pay
right for the arming, to pay for the operational build
up of the European Union and NATO forces should the
United States not participate. So let's hear what old Ursula
had to say.

Speaker 4 (17:30):
From twenty six percent to two percent today. I always
knew that we could deliver with you.

Speaker 1 (17:39):
Real quickly for me, Jordy. So what she's talking about
and this is crucked. I didn't set that up properly.
Apologize what she's talking about. Obviously, the number one thing
that drives any war effort is what it's energy. You
have to have energy. If you don't have energy, you're
not waging a war. Period. You need gas. You need
gas for tanks, you need gas for logistics, you need

(18:01):
gas for this. You need gas to transport weapons and
people and airplanes and all of this shit that would
have to come down for kinetic war against Russia. Well,
guess what. The European Union has been buying Russian gas

(18:22):
through the entire war because they need it, because if
you look at Germany, they've shut down a tremendous amount
of their energy production as well as other countries, and
you know they buy it through ghost entities or other
countries that are basically buying Russian fuel then selling that
fuel to the European Union. So this is what she's

(18:42):
talking about. She's going to Their whole goal is we
are going to prepare to go to war, potentially go
to war with Russia by getting rid of Russian oil.

Speaker 4 (18:54):
So go for it with resolve and by building on
the extraordinary work of the past three years with our
repower EU plan, we overcame the worst energy crisis in decades.
We saved energy together while ensuring energy security all the way.

(19:15):
We diversified our suppliers to trusted partner signing new partnerships,
and we invested in renewables and nuclear at unprecedented speed.
Today half of our electricity comes from renewables. And if
you look at the low carbon energy, so nuclear and renewables,

(19:36):
it's seventy four percent. And this is just the beginning.
Repower EU kept us safe winter after winter. It kept
the lights on in Europe's schools and hospitals, it kept
homes warm across the Union. So this is a true
European success.

Speaker 1 (19:55):
It's a load of shit, is what she's saying. Basically,
it's ridiculous because give me one historical war or conflict
that has ever been run off renewables. It's just it's
it's outlandish at best. Right, It's just it doesn't make
any sense. It's more gas lighting the European people all right. Now,

(20:17):
the other aspect, their energy costs too.

Speaker 2 (20:19):
Sorry, it's important to say your European energy costs for
households went through the roof one hundred percent.

Speaker 1 (20:25):
They've had an injured energy crisis because the whole climate
changed fiasco and shutting down nuclear power plants, shutting down
cold the production, shutting down. I mean, they've basically crippled
themselves and forced themselves to be able to have to
use Russian Russian oil. So it's just comical at best,
all right. The other aspect that they're saying is all right,

(20:48):
we're not gonna use their oil and we're so and
we don't have the funds because our economies are in
the toilet. So what we're gonna do is we're gonna
take these Russian assets that are in all these places,
in particular in Belgium, and we're going to use these
assets to pay for the war effort for Ukraine, and

(21:09):
then afterwards we're going to force, once we win the war,
we're going to force Russia to pay back these assets. Well,
there were multiple people in in these area, Brussels and
these other places that were like whoa, whoa, whoa, whoa, whoa.
These go against the treaties that we have in place
in Europe to protect these types of funds. There's a

(21:29):
legal issue in here, and they basically shut miss Ursula
down for the first few days when this came out,
saying we're not going to do this. We're not gonna
do this. Because Putin then responded and said, hey, listen.
Uh he basically gave a warning if if you do this,

(21:51):
we will seek re re ret retribution in indefinite circumstances, right,
So whatever that means. So, hey, we're we're gonna take
We're gonna take your all your cash, all your money
that you've parked in European banks, We're gonna take it,
use it to go to war with you. And then
and what's you know? So Putin's like, well, if you

(22:13):
do that, I'm not gonna be happy. It's gonna be
ugly for you. Then they come back and say, see,
he's gonna kill all of Europe. He's threatening Europe to sovereignty.
That's what is so comical about this. And it's like
they think people are are essentially just ignorant to the

(22:34):
sequence of what this stuff is going. So this guy,
who I found interesting because initially he was like, no,
we're not doing this. Then he obviously he got the
phone call or a phone call or some pressure or whatever,
and then he came out and he said this, so
listen to this cat.

Speaker 5 (22:51):
Well, I'm looking forward to the discussion on the immobilized assets,
not the frozen assets. There's a big difference of sovereign assets.
There's the idea of confiscating them to give them to Ukraine.
I'm looking for the legal basis for this decision. This
is not a very it's not a detail. Even during
the Second World War, immobilized assets were never touched. So

(23:13):
this is a very important step if we would like
to take it. We have three demands. I want the
full mutualization of the risk, because there is a big
risk we will suffer from enormous claims, so if we
want to do this, we will have to do this
all together. We want guarantees if the money has to
be paid back, that every member state will chip in.

(23:34):
The consequences cannot only be for Belgium. And the thirty
month is that every country as immobilized assets moves together
with us, because we are.

Speaker 1 (23:44):
The only ones.

Speaker 5 (23:45):
Euroclely is the only financial institution that offers the windfall
profits to Ukraine. We know that there are vast amounts
of Russian money in other countries who have always been
silent about this. If we move, we must move all together.
Youruropean solidarity. If these three d mats we are quite reasonable,
I think are myths, then we could go forward. If not,

(24:07):
I will do everything in my power at the European level,
also at the national.

Speaker 1 (24:11):
Level politically and legally to stop this decision. So oh boy,
there comes out and says, you know what, Hey, if
you guys want to do this and you got to
put skin in the game, you've got to basically take
the assets that you're incurring profit on that are parked
in your banks, these massive quantities of Russian assets from

(24:34):
wherever you want to talk about, whether it's oligarchs or
the government or whatever it is, and we're going to,
like all of you are going to contribute at the
same time, basically all of your countries are going to,
you know, collectively say hey, hey, Vladimir, you know up
yours bud, we're taking your money and we're going to
finance with your money to take you down. I don't

(24:56):
know about you, but if that doesn't scream attack backing Russia,
Russian sovereignty, I don't know what does. And then think
about what that does in any future treaties around the
world where you're going to operate and you're gonna you're
gonna use your capital and invest it in foreign countries

(25:18):
put it in their banks. That basically makes the entire
European Union off takes them offline for that type of
investment and says, well, wait if I invest and put
my money in European banks or bonds or whatever markets,

(25:38):
and then somehow they get pissed at me and then
stop and then freeze my assets, why the hell am
I gonna do this? Ultimately, what comes out of that
it drives people towards parking their assets in other places,
i e. The Bricks Group. Right then they'll be open
for business and say, oh, park your money right here,

(25:58):
park you. We won't ever do that to you. It's
never gonna happen. Well to Russia too.

Speaker 2 (26:03):
We took some of Russians Russia's ass as, we kicked
them out of the Swift system. All of this, and
the world had the exact reaction you just said, which
has moved towards the brick system. Because I mean, imagine
if I just heard my neighbor down the street, my
bank just took all their money because they hated him. Right,
I'm thinking about taking my money out of that bank

(26:25):
because what you like, am I gonna make you mad
someday and my money's gone.

Speaker 1 (26:31):
You know, that's what these morons are doing. And again
that's why my gut tells me the inevitability of a
hot war with Russia in the European Union is I mean,
I'm going to put that at eighty five percent right now,
is what I think. Yeah, that high because the rhetoric
this week last week, it was like, hey, don't leave

(26:54):
us out of the game, like let us, let us play,
let us be involved, let us grandstand and say, you know,
we actually have power in all this, and the US
in Russia basically like a f off, little little people,
get out of here. We're not listening to you, right,

(27:14):
and and that that's what at stake. So what does
the European Union do. They're like, all right, we got
a billion people, we got you know, we got five
hundred million, five hundred billion in GDP and all this stuff,
and you know, to hell with all you, We're we're
gonna do this ourselves. We're gonna break this down ourselves,
which they have done. What you can do for me

(27:36):
now is just is pull up the Marcone piece right there,
because obviously there was a leaked conversation that came out
and I don't this isn't what he's putting up. But
basically Marcone has come out with a bunch of nasty things,
one saying that the US is essentially betraying the European Union.

(27:58):
They're acting uniladder. This one that Mario Nefuall put out.
Will you read the headlines there for me on that one? Yep.

Speaker 2 (28:07):
Macrone warns the US could betray Ukraine Europe fears secret
deal on territory. An eleaked call between European leaders Emmanuel
Macron reportedly warned there is a possibility that the US
will betray Ukraine on the issue of territory without clarity
on security guarantees. It's a stunning statement, not just for
its bluntness, but for what it could, for what it

(28:28):
signals a deep fracture and trust between Europe and Washington.

Speaker 1 (28:32):
Yeah, I mean, so that alone just proves that Marcone
in the rest of these these juvenile diplomats right, because
I don't again, I don't get the sense that they
want peace. If this thing is about land, Russia is
not gonna sacrifice a million plus of its if it's citizens,

(28:55):
of its young men and then give that back and
some piece assured they're not going to give up what
they've fought for. That's that's not the way this works.
It never has worked this way, it never was. So
the fact that European Union's like, no, no, no, we
can raise the army and bring them in the NATO.
Then they have to fight all of us and then
we can win. Like they just keep upping the stakes,

(29:17):
and that's what it is, all right play play the
video also from Keir Starmer, the English PM, because his
his idea of what this is is just feels delusional
at best.

Speaker 6 (29:32):
All right, players, mister speaker, were united in wanting a
cease fire and a permanent end to the horrendous suffering
that this war has.

Speaker 1 (29:44):
Brought to Ukraine.

Speaker 6 (29:46):
I have always said I must be a just and
lasting piece, and both of those words.

Speaker 1 (29:54):
Mister speaker, are important.

Speaker 6 (29:56):
Just and lasting, So, mister speaker, I welcome the continued
efforts of the United States to end the war and
stop the killing. The initial draft of the twenty eight
point Plan included points that were not acceptable, but also
some very important elements that will be essential for a

(30:17):
just and lasting peace. For example, it sets out steps
on security guarantees from the US and partners. This is
very significant, and the discussions in Geneva took important steps
forward with progress between the US and Ukraine on an
updated peace framework. I can reassure the House that work

(30:40):
is ongoing to refine this plan.

Speaker 1 (30:44):
Mister speaker.

Speaker 6 (30:45):
We're clear about the fundamental principles here that Ukraine's sovereignty
must be maintained, that Ukraine should be able to defend
herself in future, and that matters about Ukraine and its
future must be determined by Ukraine.

Speaker 1 (31:03):
All right, all right, you know, so you listen to
this and he's basically saying the twenty eight point plan out,
We're not doing it because you've got to give back land, right,
Ukraine must remain sovereign. Ukraine is Ukraine. No, and Zelensky's
come out multiple times, you know, we're not giving up
any of the lands. So that just that the NATO,

(31:25):
the Russian assets and giving up like these are all
no go things for Vladimir Putin and what's taking place.
So it's it's kind of ridiculous to me, all right.
So the thing that I just I want to just
give you a little heads up on, right, because I

(31:47):
believe the premonition that I'm having is this is going
to lead to a kinetic hot war, right and the
only way they're going to ever be able to do
this if they include us in this type of thing.
But you also got to remember, in this time right now, right,
Putin's not just sitting around letting all the deals be
done over there. He just solidified big deals with China,

(32:10):
China support, He's solidified. He was just an idiot India.
So that'll be like, hey, if we go into this,
you're not going to support the other side, right, And
he's like, hell no, what we're not going to get
in that. We don't need them, right, We'll just their
economies will collapse, they'll lose all these people, they'll go
into destruction mode, and the dollar will probably be collapsed

(32:33):
because they're thirty eight trillion. No, we got this. You're good.
You have our assurances, we won't we won't part this
pay You're good, right, And so what you have to
begin to understand if the US, if someone in the
US I don't know who it is or what it is,
says we are going into a hot war with the

(32:53):
Russians in Ukraine, you will see the biggest revolt in
human in US history. You will not get American troops
to go to war over in the in the Eastern
Europe against Russia. I promise you that it will not happen.
No way, when we do World War three in Europe again,
It's just not gonna happen. I promise this on the street.

(33:17):
Yeah right, dude, I mean it's ridiculous, all right. So
here we go. Manpower, so active personnel across Europe soldiers
is two point five million, with reserves adding another three million.
Equipment modernizations, emphasis on tack tanks eused totals about six

(33:38):
thousand aircraft, forty five hundred fixed wing naval assets, twelve
hundred fragmentation, one hundred and seventy eight weapons types missile
drone focus Annually. There are product annual production of seven

(33:58):
hundred and twenty to seven hundred plus ballistic and cruise
missiles annually outpaces Europe's interceptor output by one point five
to two times, prompting initiatives of the European Sky Shield
for Integrated Defense NATO EU integration. Eighty four thousand US
troops remain stationed in Europe, but initiatives like PEESCO and

(34:22):
the EU rapid deployment capacity five thousand troops by twenty
twenty five. All right, here's a greater analysis, all right,
active military personnel. Right, this is bodies into the trenches,
because that's what you have to think about, all the
videos that you've seen of those drones dropping videos on
those poor soldiers, both on the Ukrainian side and the

(34:44):
Russian side, just dining over and over in this meat grinder.
One point five. Some people are saying two million, some
people are saying one million. Whatever it is, it is
a tragic, massive loss of human life in this. All right,
So France ready for this. Two hundred and three thousand
people in France with forty thousand reserves, Germany one hundred

(35:07):
and eighty three thousand with thirty four thousand reserves, Greece
one hundred and forty two thousand, Italy one hundred and
sixty five thousand, the Netherlands forty one thousand, Norway twenty
three thousand, Poland two hundred and two thousand, Portugal twenty
five thousand, Romania sixty nine, Russia one point. I'm not

(35:30):
gonna do that. They're Spain one hundred and twenty four thousand,
Sweden twenty four thousand, Ukraine, nine hundred whatever, UK one
hundred and eighty four thousand with thirty seven thousand reserves. Okay,
so all in all, you're looking, you know, are all
those countries gonna throw their youth at this? I don't know.

(35:52):
I don't see a lot of these other countries like
banging on their desks that were in fully support of this.
So the question is, even if they the major countries
say yeah, we're going to war, are you going to
have those other smaller countries like Italy or Norway or
whatever say yeah, here's our young men, let's throw them

(36:13):
into this meat grinder too. I don't know.

Speaker 2 (36:15):
Plus the total I didn't add it up exactly, but
the total sounded like roughly a million ish total ish, right.

Speaker 1 (36:23):
Yeah, yeah, little maybe a little over that little over Well,
more people have died than that already in the war.
That's right, that's right, that's right. With reserves. Yeah, Now,
I saw a statistic the other day here it says
Russia has one point three two million active duty and
another two million in reserves. So Russia, you're staring at,

(36:47):
and they could conscript, you know, they got one hundred
and fifty million people, so you know, if they had to,
you could probably have a ten million man army. Now
here's the other thing, like, and I don't know if
you've seen him, but the man on the street interviews
with young people on the streets of England or you know,
in London, or on the streets of Paris, or on

(37:08):
the streets of Denmark or you know, Germany or whatever,
and they ask, you know, would you go to war
for Europe and Ukraine? And the answers are hilarious. And
it's not just the immigrants saying hell no, it's the
locals being like, no, I'm not going to war over there.
That's not what we're gonna do. Because why, I think
what everybody imagines. It's going to be the Nebraska cornhusker kid,

(37:31):
or the Alabama high school dropout, or or you know,
the Florida Orlando you know kid working at McDonald's are
all going to like, sign on them, let's go fight
for Ukrainian freedom against the bad Russians. Right, It's just
it's an illusion. Then you get into the armored vehicles,

(37:57):
tanks and armored vehicles, all right, you're ready, yep, how
many tanks do you think Germany has or France, oh
I have, I don't even know what. Hey you get
ten thousand, two hundred and twenty two. Oh oh no,
Guess how many tanks the UK has? Five hundred, two

(38:26):
hundred and twenty seven. Okay, guess how many tanks Russia
has ten thousand, twelve thousand, five hundred and sixty six
with thirty thousand armored vehicles? All right? Okay, let's go aircraft.

(38:48):
Let's do let's do attack helicopters. Right, let's do that
helicopter all right, So, France, how many you thinks?

Speaker 2 (38:56):
I'm gonna be less optimistic this time? Twenty attack helicopters
sixty sixty nine Germany? How many attack helicopters in Germany?
Forty two fifty five?

Speaker 3 (39:11):
Go down?

Speaker 1 (39:12):
Let's go down to the UK. How many attack helicopters
does the UK have? Thirty eight fifty? All right? How
many attack helicopters does Rush have? One thousand, five hundred
and fifty nine? All right? All right? Uh? Key ballistics,

(39:36):
Oh my god, this math isn't great. Cruise missiles, It's
not even like missile systems are hilarious. I'm not even
going to get into that. So they have like ten
x the people and ten x the equipment. Yeah, I
mean it's it's absolutely staggering. So they could just war

(39:58):
of attrition this thing. That's what it is. Yeah, that's
what it is. Yeah, that's what it is. It's the
war of attrition, right, And we've seen that multiple times
in the twentieth century, World War One and World War
two and what ultimately came of what came of World
War one, World War two, world War two. Right, So

(40:26):
we're going to go into and then what happened economically
to all those parties that were involved. That's the real
kick shut down.

Speaker 2 (40:34):
And I mean, if you're willing to sacrifice your own
people like that and burn through young men, I mean,
you tell me, you know better than me.

Speaker 1 (40:40):
But I feel like the war of attrition works. Oh
that's the whole pretense of it. Yeah, that's the whole thing.
That's the whole game is how many human beings can
you throw at the mag And we're not at a
place where we've got, you know, infinite supplies of autonomous drones.
This will be the last great war of of manpower.

(41:01):
That's what this will be, right, This will drag on
for five to ten years or whatever it is kill
you know, uh, millions, depend upon how it bigs. It'll
kill millions of people. Couldn't bring in, could turn into
a world war for sure, which could kill billions, could
go nuclear for sure. So it's like, that's what's that.

(41:26):
That's what these people are playing with right now, instead
of just being like, hey, that's it. You know, here's
the deal. You keep the land, you give us promises,
nobody joins NATO. You can have some security forces they
I mean you have They said you could have six
hundred thousand in a military. You know, we'll we'll open up,
we'll do business, will help, we'll be you know, rehabilitate

(41:47):
Ukrainian with all these financial support, rebuild the whole place,
like yeah, easy day, dude. Nope.

Speaker 2 (41:56):
What takes me off is that from what it sounds like,
these European leaders, they're living in this weird fantasy world
of shoulds like well, Ukraine should have its sovereignty and
we shouldn't, we should not you know, give Russia anything.
And it's all these like ideals and ideas, and I
just don't understand what kind of fantasy world people are
living in.

Speaker 1 (42:16):
It's this is reality.

Speaker 2 (42:17):
This is a war, right, There's no like, well, this
is the right thing to do or the wrong thing
to do. No, people are gonna freaking die if we
don't come to an agreement here, Like it's you're in
the world.

Speaker 1 (42:27):
Of product that's it. You're the world of practicality idealism thing.
Yeah no, and that's that's what these people who will
never step foot on the front lines are are basically
ramping this thing up that's going to cost you know,
an untold scale of of of of human life. Young

(42:51):
men are going to go into those trenches and die
at mass scale again and for the image.

Speaker 2 (42:57):
Their image or something they're trying to protect how they
look to people, because they don't want to give up
land because that means they're supporting Russia. So that way, anyway,
just send the send the young men to die, because
I don't want to look bad in this negotiation or
something like what is that?

Speaker 3 (43:11):
I mean?

Speaker 1 (43:12):
You can you can evaluate all major conflicts throughout human history,
in particular the last thirty years, you know, I think
the overwhelming and a report, a final conclusive report of
the war in Afghanistan which just put out. Scott Horton

(43:32):
posted it today I'm going to try and read it
over the weekend, maybe cover it next week a little bit,
but I'm going to and basically he read the report
and said, oh, here's what we gained from going to
war in Afghanistan for twenty plus years. Not a zero. No,
it only put us a debt, massive loss of life.
We gained nothing from it, no strategic advantage, no rare

(43:57):
mineral advantage, no strategic position in the region. Nothing. We
gained nothing from it. So but I'll cover that out.
And so did we gain anything from Iraq? Did we
gain anything from the first golf for Did we gain
anything for them? The regime change in in Libya? Did
we I mean, there's open slave markets in Libya. Now,

(44:21):
how about the Sudan or any of these other places.
What are the actual benefits to global stabilization and the
benefits to the American taxpayer and the American person, Like,
what are the benefits If you can prove to me
these are the benefits, they are. Yeah, all right, let's

(44:42):
move on to the next one. So that that I just
my summary in that is this, this is going to
continue to go on. There's not going to be peace,
it's not going to happen, and the European Union is
going to continue to ramp up. The NATO rhetoric's going
to ramp and I think they're just trying to figure
out how to push it into a connectic hot war
with Russia, in the European Union, in NATO involving us.

(45:04):
By the way, Okay, So I mean, I know that
was a long, long segment on Russia and Ukraine. But
it's really critical again that you understand this stuff so
you can put it into context, that you can really
be able to make a solid decision on what you
think your representatives and your president should do, because it's

(45:26):
going to come down to that eventually. I really believe
that you know, and and and before we move on,
it's just I want to talk about another incredible sponsor,
one that really believes in America, and that's patriot Mobile.
I mean, this group, they believe in what we represent

(45:46):
to the world around us, this idea of freedom, this patriotism,
this core belief system that really drives our our country
and our freedoms. And it's and every so often something
happens that that reminds us really how fragile our freedoms are.
Potentially you've seen that in the last few years. We
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(46:08):
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(47:14):
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Who yah? All right. The other big piece of information
that just popped is just today this morning, the FBI

(47:37):
was able after a many many years of investigation, they
were they captured who they believe is the main suspect
in the January sixth pipe bomber who placed two pipe
bombs around the buildings where the Vice president was the

(47:59):
Democratic National Headquarters during January sixth, the night before, and
which has been covered really well by an organization called
what was it Revolt A revolver News. Adam Beattie Beatley
Beatty covered that all during through so you go back

(48:20):
and look at his coverage on that. Recently, the Blaze
had identified they thought it was a Capitol police woman.
Probably get a defamation lawsuit against them now. But here
was the other interesting and would you play the clip
from John Solomon and him breaking this and we'll talk
about it after this.

Speaker 7 (48:41):
Mentioned I think it was just before Thanksgiving on your show.
I thought there would be an arrest this week. They
were zeroing in on a gentleman whom they arrested this
morning in northern Virginia. And the way this case was
cracked was about a month or six weeks ago. Bong Gino,
who was the lead on it and Cattel decided to
take the old agents of the case and put a
new team on it. Now there was a little resistance,

(49:03):
as there always is in the FBI to any form
of change, but the new team came in, they applied
some new ideas and new technologies, and some of the
evidence that was sitting right in front of them with
fresh eyes was followed and it was able to be
led to this gentleman who they arrested a little bit ago.
We don't know much about his ideology, or his intentions
or his motives yet. And one of the things that

(49:26):
f officials stresses me this morning is that this is
really the beginning. The arrest is the beginning of trying
to understand how this operation was conducted, who's behind it,
whether there are more conspirators, or whether this is a
lone wolf.

Speaker 1 (49:39):
Still all of that to be determined.

Speaker 7 (49:41):
But a really extraordinary effort, almost five years later, with
a fresh set of eyes and a different approach the
FBI that couldn't solve the case for four and a
half years solves it very much like the way that
Charlie Kirk investigation occurred. In the first few hours, there
were a lot of FBI agents in Old Guard.

Speaker 1 (50:00):
Yuh all right, So you know, basically when I hear that,
what I see is that you had a case that
they weren't going to solve. They didn't want to know.
The Biden administration didn't want to know who was solved
in the case, who was working on it. It was stable.
I firmly believe that there was a major role from

(50:20):
the FBI in the January sixth fiasco. Remember we had
Clay Higgins ask Christopher Ray how many Plane closed informants
or undercover agents did you have in and he said,
I can't talk about that. I can't in Higgins law.
He's like, the answer should be none. What are you

(50:41):
talking about? And later he came out Higgins gave a
statement that over I think it was like two hundred
and two hundred plus informants or agents were in the
crowd on January sixth. Obviously, we have the Ray apps
at fiasco, we have the bullhorn guy on the top
of the scaffolane. Some of the other guys who broke
the windows and confronted. You know, there's a bunch of

(51:05):
great documentaries that outline the footage that was released. We
still haven't gotten all of the footage from that day release,
in particular, like uh Beattie in his analysis of the
in particular J six bomber, like the frame rate of
the of the video for the guy that or whoever

(51:28):
this guy maybe and Brian Cole was his name, We
know nothing about him. I haven't seen anything yet. And
and you know, they had messed with the frame rates, right,
this is two thousand and in one camera systems, and
they were doing like, you know, one frame per five

(51:49):
seconds or something crazy. It was, it was it was
such a joke, right, this is the Democratic you know,
uh headquarters and they're using video technology from the nineteen eighties.
It's just the joke. Anyways. The flip side of this
that I think was really impressive is that you took
out an old team, you brought in, you put in

(52:11):
a new team in the case was potentially solved. What
that screams to me is how many other cases could
you do that too? Could you go back to the
Whitmer kidnapping case, which we know, you know, out of
the people that received depositions, indictments, whatever, they like, three
fourths of them were informants of the FBI. They actually

(52:31):
fed these guys the plan, the whole thing, the explosives,
the whole thing. How about all of the Russia gate
cases or whatever it is. How many different cases has
the FBI been working on that if we were to
take off, take out the old people, and put in
a new group, that they would be solved pretty quickly. Now.

(52:54):
I think the other problem that we're definitely facing and
is what you know, I think we've seen. There was
a great interview with what's Darmy, I forget what her
name is. She was she's running the Civil Rights Department
of the Department of Justice, and in a big interview
that she gave I think it was with Tucker last

(53:16):
year or the beginning of the term, she was saying that, like,
they had like four hundred lawyers, and as soon as
she came to office, half of them left, like quit
two hundred plus attorneys quit out of the Civil Rights Division.
And these people had been there for twenty thirty years, Right,
nobody leaves these jobs, but they left because of you know,

(53:37):
they didn't want to be called out on what their
discrepancies or inefficiencies or the political ideologies were playing a
role in their caseloads well. As a result, I think
of a complete lack of a number of lawyers to
prosecute these with investigators. We have a lack of investigators,
lack of lawyers. Steven Miller came out this week too

(53:59):
and basically put out a call uh to everybody saying, hey, uh,
we need lawyers, come and join the fight. Uh. This
is he said, calling all patriotic loaders, remote and part
time positions available. And this was put out by Homeland Security.

(54:19):
Thank you for putting that up. And uh, if you're
a legal professor, joined an Apartment of Justice as a
deportation judge to preside over cases and determine whether an
alien must stay or leave the nation. So not only
are you going to get this flood of attorneys for
deportation cases, but hopefully you get them for all these
other you know, investigative opportunities to prosecute these cases on

(54:43):
these bigger, these bigger rico or conspiratorial cases. All right,
So the last thing I want to address, excuse me,
is uh, Michael the famous Michael Berry. If you remember
the what was the movie, uh about the two thousand

(55:04):
and eight Big short, right, and who was it that
played him? It was a Backers, a Christian Bale, right,
so awesome, sitting in his room waiting for it to drop,
playing things going. That's he's my favorite character in that movie. Well,
obviously he you know, made it billions of dollars from

(55:25):
shorting that whole thing. Well, he just posted, uh, basically
saying I am out of going, I am leaving the
the stock market because of well, let me just let me,

(55:47):
let me just read to you what it's done.

Speaker 2 (55:50):
You're gonna pull it up, all right, Sandra unchained, dude,
let's see.

Speaker 1 (55:56):
So in his final investor letter, he contained one sentence
that should terrify every fund mentor capital banker and policymaker.
And on this, and I'm quoting this guy, Shankra, I
see him Pereira's he posted this. He said, quote, my

(56:17):
estimation of value in securities is not now and has
not been for some time, in sync with the markets.
This is not a crash prediction. This is a death certificate.
The numbers nobody will tell you. Passive index funds now
control fifty two percent of all US fund assets fifteen

(56:39):
point four trillion dollars. Let me repeat that. Passive index
funds now control fifty two percent of all US fund
assets fifteen point four trillion dollars. Blackrock, Vanguard, and State
Street collectively manage twenty five million dollars of those assets.

(57:03):
They own dominant stakes in virtually every public company in America.
They analyze nothing. Every dollar falling into an S and
P five hundred ETF automatically allocates thirty five cents to
seven stocks, not because someone studied the balance sheet, because

(57:26):
that is their index weight. The algorithm cannot read an
earnings report. The algorithm cannot process overvaluation. The algorithm simply
replicates the death spiral. Passive buying increases prices. Higher prices

(57:46):
increase index weights. Higher weights attract more passive buying. The
feed debt loop operates completely independent of whether any business
or worth what the market claims. The marginal buyer of
America in equities is no longer an analyst with conviction.
It is a target date fund receiving its bi weekly

(58:07):
paycheck allocation. The buyer has no opinion. The buyer will
never sell the consequence price discovery. The mechanism has allocated
capital for two centuries has been structurally disabled. The most
successful short seller in modern history looked, and this is
after That's the end of the quote. The most successful

(58:28):
short seller modern history looked at these numbers and concluded
the fundamental analysis no longer converts the returns. He did
not predict collapse. He diagnosed something worse. The market still exists.
The marker no longer thinks and posted a story on
substack that he wrote, and you can find that if
you want under at Shanaka eighty six. Yeah. Anyways, so

(59:01):
now I always know what people say, obviously, you know,
And I think we should probably bring Bryce back on
to kind of now analyze that a little bit for sure.
Do you go out and sell all your ETFs? Hell no,
you don't do that, right. Do you go out and
put all your money in gold or put it all

(59:21):
in bitcoin? Probably not. Bitcoin's not doing great right now either,
Although Jordi would disagree with me. He thinks it's good.
It's always the stance. But what I am saying is
that when you there's something that I believe is true
in this and that, and when you wait forty percent
of your market return in seven stocks that are affiliated

(59:42):
with AI. You know, it doesn't make sense, it doesn't
it doesn't work, right. There has to be back to
a place where you know, it's it's more of a
a The market's moving from one company to another, investing
in companies that have strong balance sheets, that are making
good returns, that are in growth trajectory, that are developing

(01:00:06):
foreign markets. Right, there's a greater extent of the market
that has disappeared, like he says, and our you know,
I know other economists that believe that as well too.
So what do you do as an investor? I think
you take a step back, You call your financial advisor,
you get their analysis of what's taking place and what's happening.

(01:00:26):
Is there a potential downturn, recession, depression on the horizon,
And have a legit conversation with your financial advisor whomever
you follow their financial advice, and really look at at
what this guy's saying. Obviously is super smart, but again
it's just one man's opinion, and I think you need

(01:00:49):
to do the deep dive yourself.

Speaker 2 (01:00:52):
I think that's the big message that he says is this, Yeah, yeah,
I was gonna say. I think the big message is
that he's not telling you to do anything right now,
at least my take from it. I think he is
saying that you need to think for yourself. You need
to start thinking and analyzing this for yourself. Because the market,
a free market, will think accurately because of the price

(01:01:16):
discovery mechanism you talked about, it'll figure out where to
put value itself invisible hand, all of that. But what
he's trying to say is that we have stopped thinking
in the market because of these automated flows, these automated
ETFs and things like that. And so just do your research,
think for yourself, talk to your financial advisor, and don't
blindly believe the traditional wisdom. I think is what he's saying.

Speaker 1 (01:01:39):
Amen to that, Amen to that. All right, that's it, man.
We can review a lot. Again. I'm going to continue
to keep my eyes on this, and once again, my
mission is to bring some bigger, more significant context to
these things that are taking place in a world, not
to be so one sided or to see a simple

(01:02:03):
tweet and then go down that rabbit hole. But as
I just did in that one case, but I thought
it was fascinating that guy who shorted the last collapse
is giving a heads up. We'll say that again next week.
I got we got two huge bangers that we're going

(01:02:23):
to drop. These are the biggest two stories I think
we've ever covered. Don't miss out on those again. If
you enjoy it, like, subscribe and follow. Obviously, you can
follow the show on all social media. It's at David
Rutherford Show except on X It's at d Rutherford Show.
You can follow me on X at team frog Logic

(01:02:44):
and on Instagram at team frog Logic, where I post
motivational ideas I repost the show. You can always find
it there links to the audio. Truly grateful for iHeartMedia
Premiere Network and the and Bucks Sexton Clay Travis buck
Sexton podcast Network that we're under totally grateful for you

(01:03:06):
guys as we're uh, this is the final show of
our our third quarter now right that we've been in
and just really feeling beyond blessed that we have this opportunity,
uh to bring you the world the way we see it,
to try and be that flashbang of truth for you.
We just love you so much. Thank you, Thank you, Jeordie.

(01:03:30):
Many thanks to my my beautiful wife and family. And
and thank you to Christ, the Almighty Christ is King.
Who Yeah,

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