Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Hey, if you enjoy the You Walton on Johnson Show
like we do, then you might also enjoy the Pursuit
of Happiness show in the afternoon with oh Kenney Webster there.
And as a matter of fact, I think, do we.
Speaker 2 (00:12):
Have a clip?
Speaker 1 (00:13):
Can we play a clip? You're a notice how everybody
in your life has an eating disorder and a sleeping disorder.
But we're all obsessed with our eating disorders and we
never talk about our sleeping disorders. Everybody you know is
on Paleo or Atkins, or they're overweight, or they're underweight,
(00:33):
or they're anemic, and they'll talk about it all the time.
They're obsessed with it, but nobody ever talks about their
sleeping issues. I was very curious about this. A report
today claims the average American falls asleep at eleven eighteen
pm every night. For everyone else who needs help falling
asleep after that, I guess there's Jimmy Fallon or Stephen Colbert.
That's probably why those shows are kept on the air.
(00:54):
Nobody likes watching them. You just fall asleep and you
keep it on. Colbert sucks. We were just talking about
this with my business manager down the hall. It's not
just that he's political. Nobody cares if he's political, right,
Like I work at a big giant broadcast media company. Unpolitical, sure,
but that's not why they keep me on the air.
This show exists for one reason. You listen to it,
you shop at the businesses who advertise here. That's it.
(01:18):
It's the only reason the show remains on the air.
I think that sometimes people forget how important basic economics
are to the zeitgeist of humanity. The thing that keeps
this wheel turning all the time is reliant and dependent
on the consensual exchange of services and products for American
(01:38):
currency and commodity. I know I'm explaining this most basic
way possible, but I just want to set up this
next segment. My next guest is one of the people
behind the scenes here at the Walton and Johnson Show.
But he's actually a pretty brilliant broadcaster and podcaster and
blogger in and of his own right. Austin Peterson runs
the Walton and Johnson Online story. It does a great
(01:59):
job at it. If you've never to, I LOVEWJ dot com.
It's filled with all kinds of cool merchandise and people
buy funny t shirts that say Alligator, Alcatraz and Gulf
of America and DOJ agent and that sort of thing.
But that's not all he does. In fact, that's probably
one eightieth of what he does. Austin Peterson is a
free market capitalist. He's a guy that understands how, no
(02:19):
matter what happens, the more you tax something, the more
you regulate something, the worse it's going to be. It's
absolutely true. There's a new story today about the White
House prepping in order to punish banks that discriminate against conservatives. Conservatives.
They're calling it the d banking crackdown. You may recall
that over the last several years under Joe Biden, under
Barack Obama, there were new stories about banks investigating their
(02:43):
own customers, punishing their own customers for shopping at gun shows,
sometimes for just being a Christian and owning a Bible.
What a weird thing to get put on a list
for Now, the Trump administration is going to do something
about it, Austin. It actually goes a little deeper than that,
doesn't it.
Speaker 3 (02:59):
Yeah, absolutely, Kenny, and thanks for having me again. It's
good to talk to you. Yeah, I mean, I love
WJ dot com. People are having a blast I love
the reviews people are writing, and you know, God bless
all the people on the Gulf Coast that have been
visiting the shop and writing the reviews because like sometimes
the reviews are really zany. The people should definitely check
them out when they go there, because they're almost as
funny as an episode of the Walton and Johnson Show.
(03:22):
But when it comes to the banking listen, I LOVEWJ
dot Com could not exist without the modern monetary order,
and whether it's for good or ill, our ability to
have access to banking is the only reason that we're
able to continue to operate in the manner that we
do because nobody pays us with cash in hand. We
(03:42):
don't have a brick and mortar store. Everything that we
do is completely online. So if tomorrow JP Morgan Chase
decided that Austin is no longer allowed to do business,
it would be financially devastating and I wouldn't have even
the funds or the wherewithal to be able to.
Speaker 2 (03:57):
Fight back against such a behemoth.
Speaker 3 (03:58):
Well, the good news is is that, you know, thank goodness,
Donald Trump won the election last year, because so much
has changed. You know, Mark Zuckerberg has taken his boot
off of our next to some extent in a small
way on Facebook, as long as you don't say, you know,
I'm actively going to kill someone or something, but Jeff
Bezos standing behind him an Amazon, you know, gaining access
(04:20):
to to tools and information that we wouldn't have had
access to if Trump had not become the president. This
executive order is a huge shot across the bow for
many of these financial institutions which got away with for
a very long time, the banking people who hold points
of view, or for example, people who transact in guns
(04:41):
or firearms. I mean before Trump got elected, and I
think it's only this month that I'm going to be
allowed to live stream on Instagram. But I posted a
picture of a catalog of submachine guns and how much
they cost from the nineteen eighties. I got a year
long ban from live streaming on Instagram for that. That
was Trump election. That wouldn't happen in post Trump election.
(05:03):
But more important than being able to post bank memes
on Instagram, Kenny's you and I know is the ability
to access credit, the ability to access banking, to transact
in this economy so that we can have a chance
at beating the federal reserves inflation rate, so we can
have a chance at trying to keep up with groceries
or the expectations of a growing family, which you know,
(05:24):
I got one and I'm hoping to have two on
the way. But unfortunately, because of our debt based Keynesian economy,
if you don't if you don't buy or sell, you
are the instrument of You are the one being sold.
If you are not engaging in commerce, you are commerce.
And that that's our digital economy that we live in today.
So in thank goodness, we started creating parallel economies, you know,
(05:47):
without rumble and without a lot of these platforms, like
if Elon Musk had purchased X, people like you and
I would be a slipper. We would have been kicked away,
picked to the curb long ago, and the legacy media
would have continued to hand pick to decide who gets
to have a voice, who's a respectable conservative and who's not.
They would pick our leaders for us and we would not.
(06:07):
But just our basic ability to have this to create
an alligator alcatrash. Here have you seen the response to anger,
the hatred that you've gotten over the Walton and Johnson
Facebook page from the Walton and Johnson Alligator Alcatraz shirts
that we post over there.
Speaker 2 (06:25):
Have you seen?
Speaker 3 (06:25):
You know, there's no way they would have shut it
down there. We would have been fanned. They would have
put our face up at sixteen hundred.
Speaker 2 (06:32):
Memo Parkway at Meta's headquarters.
Speaker 3 (06:35):
You know, wanted Kenny Webster, Austin Peterson crimes against humanity.
They were too funny. They made an alligator Alcatraz shirt
and it became a meme and everybody thought they were funny.
Speaker 2 (06:45):
That was the crime.
Speaker 3 (06:46):
So not only have we not been able to actually
sell the shirts, Kenny, we wouldn't have been able to
talk about the shirts because it's too offensive. I mean, Zornmandani,
Elizabeth Warren. They've been hatching schemes and plans for us
for years to shut us down financially. And you know
that is this bigot that is the you know, the
root of the pain that many of us have felt.
(07:07):
And Trump's not standing for it. He's He's got an
executive order that I think stands on strong legal grounds.
They're gonna review whether these banks violate the Equal Credit
Opportunity Act or anti trust laws and if they find
biased de banking. They're gonna do something about it. So
just like when I went to the Smithsonian and they
told me to take my small American flag and throw
(07:29):
it up and put it away, the White House jumped
on that immediately. They've conducted a full review of the Smithsonian.
The whole institution's being under review.
Speaker 2 (07:38):
I like to take full and total credit for that
because I'm greedy.
Speaker 3 (07:42):
But also it's just good to see that Trump administration
cares about these things, because man, where goes the culture,
there goes the politics, and where goes the money, there
goes the politics. And this is the money, and this
is the most important thing. And I'm glad to.
Speaker 2 (07:55):
See Trump's leading the way on this one. This is winning.
This is what winning looks like.
Speaker 3 (07:58):
You can hate tarriffs or not disagree with Trump on
Israel or foreign Paltzer or whatever it may be, but
this is where the robber hits the rows for our freedom, Bud.
This is frontline, button center, winning, big capitol. W not
tired of winning, winning.
Speaker 1 (08:12):
Kenny, Absolutely, I'm glad you're being pragmatic. You always have been, Austin.
That's one of the reasons I'm a libertarian like you.
But I'm not an idiot. I'm not gonna go out
for me, you know what I mean. It's like, clearly
this is more I get it. I'd like to see
the Epstein list as well, but I mean the Epstein
list doesn't immediately affect me. Not to get off topic here,
but back to the umbrella of this issue. What I
don't understand Austin for the bank owner, for the CEO,
(08:36):
isn't the most important thing profits Like I could never
really understand if banks are willing to go out and
invest in immoral things in foreign countries, which we know
they clearly do.
Speaker 2 (08:46):
Right.
Speaker 1 (08:46):
If a bank is willing to invest in a sweat
shop in China, for example, which every major bank in
America or in the world, in the western half of
the free World, for example, probably has done at some point,
they'd probably all lent a few bucks to Nike, sure
they all have, or something similar. Why would it be
in their best interest to tell a gun owner you
(09:06):
can't have a bank account anymore because you went to
a gun show, or to tell Alex Jones you can't
have a PayPal account because your podcast is too critical
of Israel, or whatever it may. Why like, why does
that matter to them. Isn't profit supposed to be the
most important thing?
Speaker 3 (09:23):
Well, I think you know, because I'm not an idiot libertarian.
I also realized that there actually are stronger incentives than
just money a lot of times for decisions for why
they make it. And consider the bank these people that
are already the richest people in the world. If you've
already got everything that you could have in the world,
what do you want more than money once you once
once money is no longer an option. You want power.
(09:45):
You want you want the ability to control things. You
want to have control over your environment, over the people
around you. You know, you want to have say so,
you want to become a person who has power. And
oftentimes people will trade money for power, and they frequently do,
and that people are willing to spend large amounts of
money to have power, take huge risks with their finances.
But with the banks, I think they probably did. They
(10:07):
did they brought in some quantitative analysis who was from
China and there's like the number one map scholar in
some Chinese map competition, and they hired them, brought them
over here on h one b visa and said, you know,
do the mass how much money would we lose from
the banking Vora Loomer or Kenny Webster or Austin Peterson,
And you know what, they probably figured, Eh, even if
it was a significant amount of conservatives, they don't make
(10:29):
up the majority, and they're not the ones that are
involved in the financial market. But you know, we got
to be honest about where conservatives are. Conservatives have been
kept playing catch up online for years. Conservatives have been
playing catch up for the reason why a lot of
the censorship happened about ten fifteen years ago. Back when
Facebook used to have a number one trending you know,
fa top five trending stories on Facebook, they were all
(10:51):
like Ben Shapiro, Steven Crowder, Daily Wire, they were all conservatives.
So they had to shut that down and they had
to start to suppress us and censorous. This is like
the great the sort of the great demonetization scandal of
YouTube and of the social media is back in the
day because legacy media came in and put their thumb
on the on the measure man and said, hey, we
(11:11):
don't want these blogs and these bloggers and podcasters taking
away from our bottom line. They're they're sucking up advertising
dollars and the banks that fund all of this activity.
They of course the final arbiters of which which transactions
will be honored and which transactions will not be honored.
The Patriot Act, of course, which was a terrible crime
(11:32):
against against the American citizens, it was a lot more
about money than it was about patriotism.
Speaker 2 (11:38):
It was about you know, if you what you're.
Speaker 3 (11:41):
Going to want to pull out more than five thousand
dollars or more than ten thousand dollars of your own
money out of our bank, well we're going to report
that to the FEDGE or the IRS. And they're even
trying to get down to where it's like six hundred
dollars if then no transactions has to be reported the IRS.
But thankfully they've been able to knock back some of
those rules and regulations. But it's more than money. It's
(12:01):
control because why because if you hate conservatism and and
a lot of these elites they're not they are absolutely
not conservatives, right, and they they're definitely many of them
not libertarians. There are a few, you know, there's a
few of the elon Muskits, and you know, Peter Tiel
and some of these guys who had some libertarian inklings
to them. But for the most part, the elites are
(12:22):
united in their belief in democratic socialism. That's why they,
you know, they give all this money to Zornmandanni's of
the world. I mean, if you look at the history
of it, like the Rockefellers, if you go to Rockefeller
Center in Manhattan, you see the giant works of art.
One of the paintings that's not that is in Mexico
City at the time, that's supposed to be in Rockefeller Center,
(12:44):
that Hall of Capitalism is John D. Rockefeller standing next
to Leon Prosky.
Speaker 2 (12:49):
Right.
Speaker 3 (12:50):
These they're Marxists and their Communists and their socialists. Even
though they've made their their bones in capitalism, they want
to they they now know that the the that power
is more important than the money. They want to be
close to power. They worship Trotzky, they worship Lenin, they
worship they worship Stalin. Some of them even are you
(13:10):
know love? You know that sadly these days are more
and more are you know really loves or like, hey,
let's let's revive Adolf Hitler. He had a really few
good ideas about how you could build an economy by
staff and pariffs and trade and intradiction to trade, and
by controlling, by having a heavily nationalist policy that is
supposed to benefit the nation state but is very fascistic.
(13:30):
And we're going to direct the production. You know, we're
not going to control the means of production like communists.
We're just going to decide what gets built. And there
they're in lives fascism. So, you know, the elites, it'll
always This is why populism is so popular now, this
is why this anti elite bias is sweeping the globe
because I think more people if they're listening to Walton
and Johnson, if they're listening to Kenny Webster, if they're
(13:53):
listening to Austin Peterson Er, they're they're reading you know,
books by and Culter or God Forbid, Pat Buchanan and
are please help us please for the love of godless
and to Ron Paul. Ron Paul was right, then then
more more people are going to push back against this stuff.
But some libertarians, like I will say, the idiot libertarians
will say, well, wait a minute, isn't it a priv
(14:13):
if it's a private bank that they have the right
to not choose to do to do business with people. Yeah,
that would be fine in a world where there is
no federal Reserve and where and where the banks aren't entirely,
you know, completely controlled and regulated through this one institution
that is heretofore completely unaccountable to Congress in many ways.
Who do they answer to, uh, you know, nobody unless
(14:36):
they you know, they're private when they want to be private,
they're public when they want to be public. So I
don't think the banks get that exception. I don't think
that the banks get to make that decision about who
gets to be allowed to purchase apples at the local
walling world. You know, it's just to me, it strikes
me as the ultimate populists strike back at the elites
(14:59):
who want to dey us who you and me, your listeners,
the ten percenters, you know, the people who the people
who listen to your show, the people who you know
on the Gulf coast who are wearing the Gulf of
America stuff listening to.
Speaker 2 (15:12):
This audio podcasts, hopefully with headsets.
Speaker 3 (15:14):
And not bringing a big old bloombox to the beach
and being annoying. But to the people that they want
to destroy us. They want to destroy our way of life.
They think we should all have to live like them,
and they think that they're going to be the ones
writing communist poetry and sitting on the beach when they've
seized our means of production instead of working the salt
mines and the copper minds.
Speaker 1 (15:35):
Austin were I allocated this amount of time so we
could talk about four different topics, and we got to
one of them. But I thought you you were on
a roll when you're cooking. I didn't want to interrupt you.
My man. We got to get you back here this week.
I want to talk. I want to do a regular
segment with Austin Peterson from the Libertarian Republic and the
Wake Up Show to discuss economics. We got to go
(15:57):
for those who don't know, I love WJ dot Com
is the online story he curates for us. But Austin
Peterson is a wealth of fantastic knowledge about economic news.
My brother, can you come back later this week? We
need to do this again.
Speaker 3 (16:09):
Hit me up, Kenny, everytime you know me My.
Speaker 1 (16:11):
Brother Austin Peterson. Follow him on ex Hello, my name
is Pedro. My favorite things to do are smuggle drugs,
pro create like a rabbit, and listen to pursuit of
Happiness Radio with producer Keini peace Stupi
Hey, if you enjoy the You Walton on Johnson Show
like we do, then you might also enjoy the Pursuit
of Happiness show in the afternoon with oh Kenney Webster there.
And as a matter of fact, I think, do we.
Speaker 2 (00:12):
Have a clip?
Speaker 1 (00:13):
Can we play a clip? You're a notice how everybody
in your life has an eating disorder and a sleeping disorder.
But we're all obsessed with our eating disorders and we
never talk about our sleeping disorders. Everybody you know is
on Paleo or Atkins, or they're overweight, or they're underweight,
(00:33):
or they're anemic, and they'll talk about it all the time.
They're obsessed with it, but nobody ever talks about their
sleeping issues. I was very curious about this. A report
today claims the average American falls asleep at eleven eighteen
pm every night. For everyone else who needs help falling
asleep after that, I guess there's Jimmy Fallon or Stephen Colbert.
That's probably why those shows are kept on the air.
(00:54):
Nobody likes watching them. You just fall asleep and you
keep it on. Colbert sucks. We were just talking about
this with my business manager down the hall. It's not
just that he's political. Nobody cares if he's political, right,
Like I work at a big giant broadcast media company. Unpolitical, sure,
but that's not why they keep me on the air.
This show exists for one reason. You listen to it,
you shop at the businesses who advertise here. That's it.
(01:18):
It's the only reason the show remains on the air.
I think that sometimes people forget how important basic economics
are to the zeitgeist of humanity. The thing that keeps
this wheel turning all the time is reliant and dependent
on the consensual exchange of services and products for American
(01:38):
currency and commodity. I know I'm explaining this most basic
way possible, but I just want to set up this
next segment. My next guest is one of the people
behind the scenes here at the Walton and Johnson Show.
But he's actually a pretty brilliant broadcaster and podcaster and
blogger in and of his own right. Austin Peterson runs
the Walton and Johnson Online story. It does a great
(01:59):
job at it. If you've never to, I LOVEWJ dot com.
It's filled with all kinds of cool merchandise and people
buy funny t shirts that say Alligator, Alcatraz and Gulf
of America and DOJ agent and that sort of thing.
But that's not all he does. In fact, that's probably
one eightieth of what he does. Austin Peterson is a
free market capitalist. He's a guy that understands how, no
(02:19):
matter what happens, the more you tax something, the more
you regulate something, the worse it's going to be. It's
absolutely true. There's a new story today about the White
House prepping in order to punish banks that discriminate against conservatives. Conservatives.
They're calling it the d banking crackdown. You may recall
that over the last several years under Joe Biden, under
Barack Obama, there were new stories about banks investigating their
(02:43):
own customers, punishing their own customers for shopping at gun shows,
sometimes for just being a Christian and owning a Bible.
What a weird thing to get put on a list
for Now, the Trump administration is going to do something
about it, Austin. It actually goes a little deeper than that,
doesn't it.
Speaker 3 (02:59):
Yeah, absolutely, Kenny, and thanks for having me again. It's
good to talk to you. Yeah, I mean, I love
WJ dot com. People are having a blast I love
the reviews people are writing, and you know, God bless
all the people on the Gulf Coast that have been
visiting the shop and writing the reviews because like sometimes
the reviews are really zany. The people should definitely check
them out when they go there, because they're almost as
funny as an episode of the Walton and Johnson Show.
(03:22):
But when it comes to the banking listen, I LOVEWJ
dot Com could not exist without the modern monetary order,
and whether it's for good or ill, our ability to
have access to banking is the only reason that we're
able to continue to operate in the manner that we
do because nobody pays us with cash in hand. We
(03:42):
don't have a brick and mortar store. Everything that we
do is completely online. So if tomorrow JP Morgan Chase
decided that Austin is no longer allowed to do business,
it would be financially devastating and I wouldn't have even
the funds or the wherewithal to be able to.
Speaker 2 (03:57):
Fight back against such a behemoth.
Speaker 3 (03:58):
Well, the good news is is that, you know, thank goodness,
Donald Trump won the election last year, because so much
has changed. You know, Mark Zuckerberg has taken his boot
off of our next to some extent in a small
way on Facebook, as long as you don't say, you know,
I'm actively going to kill someone or something, but Jeff
Bezos standing behind him an Amazon, you know, gaining access
(04:20):
to to tools and information that we wouldn't have had
access to if Trump had not become the president. This
executive order is a huge shot across the bow for
many of these financial institutions which got away with for
a very long time, the banking people who hold points
of view, or for example, people who transact in guns
(04:41):
or firearms. I mean before Trump got elected, and I
think it's only this month that I'm going to be
allowed to live stream on Instagram. But I posted a
picture of a catalog of submachine guns and how much
they cost from the nineteen eighties. I got a year
long ban from live streaming on Instagram for that. That
was Trump election. That wouldn't happen in post Trump election.
(05:03):
But more important than being able to post bank memes
on Instagram, Kenny's you and I know is the ability
to access credit, the ability to access banking, to transact
in this economy so that we can have a chance
at beating the federal reserves inflation rate, so we can
have a chance at trying to keep up with groceries
or the expectations of a growing family, which you know,
(05:24):
I got one and I'm hoping to have two on
the way. But unfortunately, because of our debt based Keynesian economy,
if you don't if you don't buy or sell, you
are the instrument of You are the one being sold.
If you are not engaging in commerce, you are commerce.
And that that's our digital economy that we live in today.
So in thank goodness, we started creating parallel economies, you know,
(05:47):
without rumble and without a lot of these platforms, like
if Elon Musk had purchased X, people like you and
I would be a slipper. We would have been kicked away,
picked to the curb long ago, and the legacy media
would have continued to hand pick to decide who gets
to have a voice, who's a respectable conservative and who's not.
They would pick our leaders for us and we would not.
(06:07):
But just our basic ability to have this to create
an alligator alcatrash. Here have you seen the response to anger,
the hatred that you've gotten over the Walton and Johnson
Facebook page from the Walton and Johnson Alligator Alcatraz shirts
that we post over there.
Speaker 2 (06:25):
Have you seen?
Speaker 3 (06:25):
You know, there's no way they would have shut it
down there. We would have been fanned. They would have
put our face up at sixteen hundred.
Speaker 2 (06:32):
Memo Parkway at Meta's headquarters.
Speaker 3 (06:35):
You know, wanted Kenny Webster, Austin Peterson crimes against humanity.
They were too funny. They made an alligator Alcatraz shirt
and it became a meme and everybody thought they were funny.
Speaker 2 (06:45):
That was the crime.
Speaker 3 (06:46):
So not only have we not been able to actually
sell the shirts, Kenny, we wouldn't have been able to
talk about the shirts because it's too offensive. I mean, Zornmandani,
Elizabeth Warren. They've been hatching schemes and plans for us
for years to shut us down financially. And you know
that is this bigot that is the you know, the
root of the pain that many of us have felt.
(07:07):
And Trump's not standing for it. He's He's got an
executive order that I think stands on strong legal grounds.
They're gonna review whether these banks violate the Equal Credit
Opportunity Act or anti trust laws and if they find
biased de banking. They're gonna do something about it. So
just like when I went to the Smithsonian and they
told me to take my small American flag and throw
(07:29):
it up and put it away, the White House jumped
on that immediately. They've conducted a full review of the Smithsonian.
The whole institution's being under review.
Speaker 2 (07:38):
I like to take full and total credit for that
because I'm greedy.
Speaker 3 (07:42):
But also it's just good to see that Trump administration
cares about these things, because man, where goes the culture,
there goes the politics, and where goes the money, there
goes the politics. And this is the money, and this
is the most important thing. And I'm glad to.
Speaker 2 (07:55):
See Trump's leading the way on this one. This is winning.
This is what winning looks like.
Speaker 3 (07:58):
You can hate tarriffs or not disagree with Trump on
Israel or foreign Paltzer or whatever it may be, but
this is where the robber hits the rows for our freedom, Bud.
This is frontline, button center, winning, big capitol. W not
tired of winning, winning.
Speaker 1 (08:12):
Kenny, Absolutely, I'm glad you're being pragmatic. You always have been, Austin.
That's one of the reasons I'm a libertarian like you.
But I'm not an idiot. I'm not gonna go out
for me, you know what I mean. It's like, clearly
this is more I get it. I'd like to see
the Epstein list as well, but I mean the Epstein
list doesn't immediately affect me. Not to get off topic here,
but back to the umbrella of this issue. What I
don't understand Austin for the bank owner, for the CEO,
(08:36):
isn't the most important thing profits Like I could never
really understand if banks are willing to go out and
invest in immoral things in foreign countries, which we know
they clearly do.
Speaker 2 (08:46):
Right.
Speaker 1 (08:46):
If a bank is willing to invest in a sweat
shop in China, for example, which every major bank in
America or in the world, in the western half of
the free World, for example, probably has done at some point,
they'd probably all lent a few bucks to Nike, sure
they all have, or something similar. Why would it be
in their best interest to tell a gun owner you
(09:06):
can't have a bank account anymore because you went to
a gun show, or to tell Alex Jones you can't
have a PayPal account because your podcast is too critical
of Israel, or whatever it may. Why like, why does
that matter to them. Isn't profit supposed to be the
most important thing?
Speaker 3 (09:23):
Well, I think you know, because I'm not an idiot libertarian.
I also realized that there actually are stronger incentives than
just money a lot of times for decisions for why
they make it. And consider the bank these people that
are already the richest people in the world. If you've
already got everything that you could have in the world,
what do you want more than money once you once
once money is no longer an option. You want power.
(09:45):
You want you want the ability to control things. You
want to have control over your environment, over the people
around you. You know, you want to have say so,
you want to become a person who has power. And
oftentimes people will trade money for power, and they frequently do,
and that people are willing to spend large amounts of
money to have power, take huge risks with their finances.
But with the banks, I think they probably did. They
(10:07):
did they brought in some quantitative analysis who was from
China and there's like the number one map scholar in
some Chinese map competition, and they hired them, brought them
over here on h one b visa and said, you know,
do the mass how much money would we lose from
the banking Vora Loomer or Kenny Webster or Austin Peterson,
And you know what, they probably figured, Eh, even if
it was a significant amount of conservatives, they don't make
(10:29):
up the majority, and they're not the ones that are
involved in the financial market. But you know, we got
to be honest about where conservatives are. Conservatives have been
kept playing catch up online for years. Conservatives have been
playing catch up for the reason why a lot of
the censorship happened about ten fifteen years ago. Back when
Facebook used to have a number one trending you know,
fa top five trending stories on Facebook, they were all
(10:51):
like Ben Shapiro, Steven Crowder, Daily Wire, they were all conservatives.
So they had to shut that down and they had
to start to suppress us and censorous. This is like
the great the sort of the great demonetization scandal of
YouTube and of the social media is back in the
day because legacy media came in and put their thumb
on the on the measure man and said, hey, we
(11:11):
don't want these blogs and these bloggers and podcasters taking
away from our bottom line. They're they're sucking up advertising
dollars and the banks that fund all of this activity.
They of course the final arbiters of which which transactions
will be honored and which transactions will not be honored.
The Patriot Act, of course, which was a terrible crime
(11:32):
against against the American citizens, it was a lot more
about money than it was about patriotism.
Speaker 2 (11:38):
It was about you know, if you what you're.
Speaker 3 (11:41):
Going to want to pull out more than five thousand
dollars or more than ten thousand dollars of your own
money out of our bank, well we're going to report
that to the FEDGE or the IRS. And they're even
trying to get down to where it's like six hundred
dollars if then no transactions has to be reported the IRS.
But thankfully they've been able to knock back some of
those rules and regulations. But it's more than money. It's
(12:01):
control because why because if you hate conservatism and and
a lot of these elites they're not they are absolutely
not conservatives, right, and they they're definitely many of them
not libertarians. There are a few, you know, there's a
few of the elon Muskits, and you know, Peter Tiel
and some of these guys who had some libertarian inklings
to them. But for the most part, the elites are
(12:22):
united in their belief in democratic socialism. That's why they,
you know, they give all this money to Zornmandanni's of
the world. I mean, if you look at the history
of it, like the Rockefellers, if you go to Rockefeller
Center in Manhattan, you see the giant works of art.
One of the paintings that's not that is in Mexico
City at the time, that's supposed to be in Rockefeller Center,
(12:44):
that Hall of Capitalism is John D. Rockefeller standing next
to Leon Prosky.
Speaker 2 (12:49):
Right.
Speaker 3 (12:50):
These they're Marxists and their Communists and their socialists. Even
though they've made their their bones in capitalism, they want
to they they now know that the the that power
is more important than the money. They want to be
close to power. They worship Trotzky, they worship Lenin, they
worship they worship Stalin. Some of them even are you
(13:10):
know love? You know that sadly these days are more
and more are you know really loves or like, hey,
let's let's revive Adolf Hitler. He had a really few
good ideas about how you could build an economy by
staff and pariffs and trade and intradiction to trade, and
by controlling, by having a heavily nationalist policy that is
supposed to benefit the nation state but is very fascistic.
(13:30):
And we're going to direct the production. You know, we're
not going to control the means of production like communists.
We're just going to decide what gets built. And there
they're in lives fascism. So, you know, the elites, it'll
always This is why populism is so popular now, this
is why this anti elite bias is sweeping the globe
because I think more people if they're listening to Walton
and Johnson, if they're listening to Kenny Webster, if they're
(13:53):
listening to Austin Peterson Er, they're they're reading you know,
books by and Culter or God Forbid, Pat Buchanan and
are please help us please for the love of godless
and to Ron Paul. Ron Paul was right, then then
more more people are going to push back against this stuff.
But some libertarians, like I will say, the idiot libertarians
will say, well, wait a minute, isn't it a priv
(14:13):
if it's a private bank that they have the right
to not choose to do to do business with people. Yeah,
that would be fine in a world where there is
no federal Reserve and where and where the banks aren't entirely,
you know, completely controlled and regulated through this one institution
that is heretofore completely unaccountable to Congress in many ways.
Who do they answer to, uh, you know, nobody unless
(14:36):
they you know, they're private when they want to be private,
they're public when they want to be public. So I
don't think the banks get that exception. I don't think
that the banks get to make that decision about who
gets to be allowed to purchase apples at the local
walling world. You know, it's just to me, it strikes
me as the ultimate populists strike back at the elites
(14:59):
who want to dey us who you and me, your listeners,
the ten percenters, you know, the people who the people
who listen to your show, the people who you know
on the Gulf coast who are wearing the Gulf of
America stuff listening to.
Speaker 2 (15:12):
This audio podcasts, hopefully with headsets.
Speaker 3 (15:14):
And not bringing a big old bloombox to the beach
and being annoying. But to the people that they want
to destroy us. They want to destroy our way of life.
They think we should all have to live like them,
and they think that they're going to be the ones
writing communist poetry and sitting on the beach when they've
seized our means of production instead of working the salt
mines and the copper minds.
Speaker 1 (15:35):
Austin were I allocated this amount of time so we
could talk about four different topics, and we got to
one of them. But I thought you you were on
a roll when you're cooking. I didn't want to interrupt you.
My man. We got to get you back here this week.
I want to talk. I want to do a regular
segment with Austin Peterson from the Libertarian Republic and the
Wake Up Show to discuss economics. We got to go
(15:57):
for those who don't know, I love WJ dot Com
is the online story he curates for us. But Austin
Peterson is a wealth of fantastic knowledge about economic news.
My brother, can you come back later this week? We
need to do this again.
Speaker 3 (16:09):
Hit me up, Kenny, everytime you know me My.
Speaker 1 (16:11):
Brother Austin Peterson. Follow him on ex Hello, my name
is Pedro. My favorite things to do are smuggle drugs,
pro create like a rabbit, and listen to pursuit of
Happiness Radio with producer Keini peace Stupi
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