Tue Episode #1986: Deja Vu Disaster: Trump’s Tariff’s Chaos Echoes His Lockdown Insanity

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:29):
In a world of deceit, telling the truth is a
revolutionary act. It's the David Knight Show.

Speaker 2 (00:45):
As the clock strikes thirteen, it's Tuesday, the eighth of April.
Here of our Lord, twenty twenty five. All today, we're
going to take a look. It's so interesting AI and
robot frauds, but there is a massive amount of robots
that are starting about to be unleashed against us, and
it is truly amazing to see how this is escalating

(01:06):
on a daily basis. But we're going to begin with
take your medicine. That's what Donald Trump is telling people
about the tariffs. Isn't it fascinating how this keeps going
back to what he did five years ago. And on
the top of the Drudge Report as well as the
top of Info Wars is a picture of Trump with

(01:28):
his needle. Take your medicine.

Speaker 3 (01:32):
We talk about that.

Speaker 2 (01:33):
We also have an economist coming on who's going to
talk about all of this as well as the possibilities
of stagflation or something even worse. And we're going to
talk about his books about teaching economics to children. That's right,
it's the dismal science, they say, but it doesn't have
to be dismal.

Speaker 3 (01:51):
We'll be right back.

Speaker 2 (02:09):
Well, I want to welcome the people who are on
Kick and as we point out, we're trying to move
from Rockfin to Kick and it is a platform that
is very good in terms of what it gives the creators.
And we've had for the Love of the Road has
subscribed there and gifted eleven subscriptions, thank you very much.
Kick I Baba has gifted one subscription. Question everything has

(02:35):
subscribed as well.

Speaker 3 (02:37):
We need to.

Speaker 2 (02:38):
Have there's some metrics, what are they, Travis, that we
need to have, So.

Speaker 4 (02:41):
Right now we're working towards ten individual subscriptions, so ten
individual people need to subscribe for themselves. Gifting subs still
helps us and we appreciate it so much, but if
other people could subscribe for themselves, that would greatly help
us and push us towards the next.

Speaker 2 (02:55):
Goal, which is and these goals that we're setting up
here are so that we can get you know, some
of the financial benefits of being on that platform.

Speaker 4 (03:05):
Right we're already monetized, but this will help them verify
that we're a serious streamer. You know, we'll be there
and actually producing content for a long time and show
them that we mean business basically, So that'll help them
push us out to more people and give them more
reason to promote us. Hopefully they will.

Speaker 2 (03:22):
Yeah, and hopefully they won't kick us off. I asked Travis.
I said, so you know this is is this a
platform that's going to be open? He says, well, I've
seen some people say some pretty raunchy stuff on there.
And I said, yeah, but Ranchi's okay. Racist, real racist
is okay. All the rest of this stuff is okay.
But but what about when you criticize government policy get censored?

Speaker 3 (03:46):
He said, he's seen some people I think will be okay.

Speaker 4 (03:49):
The only thing I've seen people get banned for are
actual crimes. As you know, they live stream themselves committing
actual crimes.

Speaker 3 (03:58):
Well, we won't be doing that here, hopefully. Yeah. It's
no crimes, no crimes.

Speaker 4 (04:02):
They need some thought crime, that's it.

Speaker 3 (04:04):
That's it.

Speaker 2 (04:05):
Yeah, we got a lot of thought crime that's we
live stream here. Let's talk a little bit about Trump.

Speaker 5 (04:10):
Uh.

Speaker 2 (04:10):
He took a question on the plane and he says, uh, yeah,
you're going to have to take your medicine.

Speaker 3 (04:19):
You know.

Speaker 2 (04:19):
They're asking him about the knock on effects of this
and a lot of people are talking about that. Asked
on board Air Force one about the catastrophic market reaction
to the announcement, Trump said, this.

Speaker 4 (04:33):
Pain in the market.

Speaker 3 (04:34):
At some point, you're unwilling to tolerate this idea of
what Trump put.

Speaker 5 (04:38):
They're aficial.

Speaker 6 (04:39):
I think your question is so stupid.

Speaker 5 (04:41):
A minute, I think it's a I don't want anything
to go down, but sometimes you have to take medicine
to fix something.

Speaker 3 (04:48):
And we have such a.

Speaker 5 (04:51):
A horrible We have been treated so badly by other
countries because we had stupid leadership that allowed this to happen.
We took our businesses, they took our money, they took
our jobs, They moved into Mexico, they moved into Canada,
and they moved a lot of it to China.

Speaker 4 (05:08):
And it's not sustainable.

Speaker 2 (05:10):
We're not going to do it now.

Speaker 5 (05:11):
We have hundreds of billions of dollars is pouring into
our country on a monthly basis. It's pooring. It's already
started because I put tariffs on and eventually it's going
to straighten out that our country would be solid and
strong because they have to get the shot.

Speaker 7 (05:26):
The vaccinations is so important. And look, I guess in
a certain way.

Speaker 8 (05:29):
I'm the father of the vaccine because I was the.

Speaker 1 (05:32):
One that pushed it.

Speaker 8 (05:33):
I pushed the FDA like they have never been pushed before.

Speaker 5 (05:37):
I wouldn't exactly stay there.

Speaker 2 (05:39):
They're in love with me, Well, I think they are.
I think the pharmaceutical companies are in love with them.
They liked the FDA too, because you're free to do anything. Yeah,
he didn't have to twist arms too hard. Look, but
he did twist arms. He did take credit for that,
and you got to get your shots. We had to
have these stupid leaders who moved business is to Mexico.

(06:00):
And wait a minute, didn't you do USMCA? Yeah that
was you. You're so stupid. You think we're so stupid.
You think we don't remember what our stupid leader did.
You are stupid leader. Well, as we look at all
of this, as I said, the Drudge report at the top,

(06:22):
here take your medicine, and there he is with the
hypodermic needle. And then, well, how is Alex spending this?
He's got the picture there from Drudge.

Speaker 3 (06:32):
He says this is war.

Speaker 2 (06:34):
Well, he's right about that, He's just wrong about where
the war is coming from. The globalist control media is
trying to come after Trump. Is that what's really going on,
Alex come on trying to make the market panic. I
think Trump made the market panic. I think is capricious,
arbitrary foot flopping about tariff that he's been doing for
the last couple of months is even worse than his rates,

(06:57):
even worse than his rates. Just capped it off and
kicked off. What Charles Hughes has said is essentially an earthquake,
and he uses that analogy because he said, you know,
you survive an earthquake. Maybe the building didn't fall on you.
You look around, you see some things are broken, some
things are leaning, You got some broken windows, and you're like, ah, right, good,

(07:19):
we survived. The buildings survived, he said. But what you
don't realize is that there's some broken gas means, some
broken water lines, foundations that have been shaken and destroyed,
and that damage is going to be showing very soon,
and it's going to be knock on damage. And the
longer this earthquake goes, the more it is shaken, and

(07:44):
the more damage is going to happen. It's not all
immediately apparent, but of course it's just what Trump is
doing is always beyond criticism, and if anybody criticizes it,
oh you're coming after Trump. It's not because what Trump
is doing as stupid, like moving businesses to Mexico and Canada. No,

(08:06):
Trump never does anything stupid, and if he does something stupid,
people like Alex Jones will tell.

Speaker 3 (08:11):
You he didn't do that.

Speaker 2 (08:12):
He didn't do that, he didn't do USMCA.

Speaker 3 (08:18):
It's just it's crazy. Now.

Speaker 2 (08:20):
This article from Yahoo says even maga politicians and influencers
are bulking at the turbulent economic response and hoping that
Trump will willingly calm the markets by renegotiating Tarifright City
announced last week. Well, maga politicians and influencers doesn't include all.

(08:41):
That doesn't include a lot of them. Actually no, it's
just this collectivist mindset, this partisan mindset. We're going to
tax our way to prosperity. And you know, Japan should
buy American cars. That's the other thing he had to
say about this. You know, when we have a trade

(09:01):
deficit with Japan and they're not buying a lot of
our cars, you should buy those cars because they're American.
I mean, what's he wanted to do, is he want
the Japanese government to buy the cars because they're not
making cars that the GM and Ford are not making
cars that most Japanese people want. You know, we're making

(09:23):
let's say, you know, our most popular cars, Ford f
one fifty. You see a lot of Japanese people driving
around and something like that with the steering wheel on
the wrong side of the car for them.

Speaker 4 (09:34):
I don't even know if that would fit down the
streets in Tokyo.

Speaker 3 (09:36):
That's the point.

Speaker 2 (09:37):
Yeah, you know, people in Europe in Japan don't buy
pickup trucks like that, but hey, you should buy it.
If you don't buy it, that's not fair. It's not fair. Well, hey, pal,
I know that you're not much of a businessman. You
drove six casinos bankrupt. But you know, part of this
is giving people what they want, not dictating to them

(09:57):
what they want. But see, he doesn't operate like that.
He just operates by buying politicians who then tell you
got to sell your home to Trump because he wants
it for his parking lot and it's casino, And they
tell the lady that, the widow that, and then after
he gets the house kicks her out. He declares bankruptcy
before he finishes his parking lot. That's what he operates.

(10:19):
He doesn't operate in a marketplace. He operates with corruption
and graft and that type of thing. And so you know,
you just for your friends. You do whatever you need
to do for the people that support you, and you know,
you just tell everybody else what they need to do.
And that includes the Japanese who should be buying our cars.
Even if we don't make what they want, they should
still buy our cars.

Speaker 3 (10:40):
This is also.

Speaker 2 (10:42):
About thinking collectively, right, it's collectivist thinking. It's not just
centralized control, but it's collectivist thinking. We don't care about
what individuals want in the marketplace. We didn't care if
people wanted to wear masks or not wear masks, or
lock down or stay six feet apart. No, you're going
to do it because of public help. Japan needs to

(11:03):
do this because of our public economy. They need to
look at this collectively. But beyond that, I think that
what is really going on is this focus on trade deficits,
which are not good. I think that this is the
same thing in a larger sense that rfk JOR is
doing at HHS. We've got a big problem with mRNA

(11:27):
poison that is out there. So what does RFK Junior
do well? In order to get his position, he pledges
to Senator Cassidy, a Louisiana, a Republican and a vaccine prostitute.
He pledges publican, Oh, I'm going to promote the vaccines.

Speaker 3 (11:43):
And he does.

Speaker 2 (11:44):
He's down in Texas or wherever. I think it's in
Texas where he's, you know, feeding the fuel of this
measles epidemic narrative that is a media creation and pretending
that a second child has died from measles. Now, I
don't know if this second child has died or not.
I know the first child did not die, and so

(12:06):
when they say a second child died, they are already lying.
And his own organization, Children's Health Defense, has debunked that
lie about the first child dying from measles. But he's
down there. A second child is die and if you
want to be safe, you got to get the MMR shot.
And he's pushing. He's joined this push right. The establishment

(12:31):
and the pharmaceutical companies want to revive the vaccine hesitancy
because of the Trump shot, and the way they do
that is with a little measles epidemic create you know,
claiming that people are dying because they didn't get the shot.
And he's joined that. He's joined that little parade so
that you are distracted from the real issue, the number

(12:52):
one issue. He's focusing on some minor problems that you
don't focus on the major problem. He's going to talk
about food additives, he's going to talk about high fruit toast,
corn syrup, but he's not going to talk about the
MR and a genetic code injection. Trump is doing the
same thing economically. He doesn't want to talk about the
thirty seven trillion dollars of debt, and he was throwing
a temper tantrum when Johnson didn't remove the debt ceiling

(13:17):
for two years. Trump doesn't want to do anything about
the debt. Forget about Doge. Doge isn't serious about that anyway.
I mean, we're nearly a billion dollars in our war
against Yemen, Yemen, of all things, and he doesn't care
about the money, and he doesn't care about the deficit.
He wants to kick the can down the road for

(13:38):
another two years. This is exploding. It began exploding under
Trump continued with Biden. Trump set us on a new
upward angle with all the nonsense exactly five years ago.
And so he doesn't want you to see that. He
doesn't want you to see the government's deficit, and he

(13:58):
wants to surreptitiously raise taxes on you. So that's what
this is really about. Don't look at the budget deficit,
look at the trade deficit. And we can tell you
that the trade deficit is there because we've got evil
countries abroad. And then what he does is instead of
focusing on products or industries, even he's not doing anything
to protect America, he's not deregulating things instead, and he's

(14:20):
not focusing even on protectionism. What he's focusing on is
other countries. Because what Trump is trying to do here, folks,
is not save this country. He's trying trying to start
a global war. These are not terriffs, they're sanctions. When
you say on a countrywide basis, we're going to hit

(14:41):
you with punitive tariffs or we're going to shut down
your products or whatever. When you do that, that's a sanction,
and that's the first step towards war, towards real war.
It's what has typically been done when you had city
states and you had fort and palaces and whatever. You know,

(15:01):
they would do a siege around the city, cut off
all the supplies. That's the purpose of a sanction. It's
an initiation of war. And what Trump is doing is
sanctioning these other countries. He wants to have a war.
He wants to have a global trade war, and that
global trade war, and the Trump as an agent of chaos,

(15:23):
as a wrecking ball for the World Economic Forum in
the UN wants to have a global war for this
fourth at tourney so they can institute what they want
on the ashes. That's where this is all going. We
can talk about the immediate effects of this, we can
talk about the economics of it, but folks, that's the
big picture. That's where this is going. Sometimes you have

(15:47):
to take medicine to fix something, said Trump, Well, you know,
just a spoonful of MAGA helps the medicine go down, right.
And we have such a horrible We have been treated
so badly by other countries, not by our own government
and its regulations and its taxations, which taxation is going
to go up. But that's good now. Republicans now say
taxes are good. They're an engine of creation. Democrats have

(16:13):
moved back a little bit from that position because it's Trump.
It was just like the vaccine. You had to take
your medicine, right, well, when it was Trump with the medicine,
Trump with the Trump vaccine, everybody was saying, we're not
taking that. Biden, la la, all the Democrats, all the media.
I can't trust that that was done by Trump. Then

(16:33):
when Biden becomes resident, somehow is immediately purified and immediately
safe and effective. You know, just like what happened five
years ago, the initial lockdown and the emergency declaration and
all the rest of this stuff that was preparation for
what was going to come, the real pandemic, the shot,

(16:57):
the real poison. And folks, this these reciprocal trade things,
it's nonsense created by AI, this formula, so called formula
that is just laying the groundwork for what is going
to be coming here. We've been treated so badly by
other countries, said Trump, because we had stupid leadership that

(17:19):
allowed this to happen. You know, we had stupid leaders
like him who put auto production in Mexico and Canada.
Now we're going to do a rug poll on those people.
And you know, there's only so many times that you
can do rug poles and cry wolf and things like
that before people start, well, wait a minute, And that's
the real issue right now. Everybody is backing up and saying,

(17:40):
I don't know what's happening here. I don't know what
the effects are going to be of these massive tariffs,
and I don't know if they're going to stick. Is
he serious about this or is he just what is
going on with this? And so you see everybody in
a waiting position. We've seen Volkswagen, we've seen many other
car companies abroad have said we're just going to stop

(18:03):
at this moment in terms of trying to export cars
to the US and see what happens. We're going to
put a thirty day pause on it. Let's see what
Trump is going to do, because he has shown us
for two months nothing but capricious and arbitrary actions, and
so nobody knows what is really going to happen. That,
in and of itself, folks is one of the most

(18:24):
destructive things about this. That's even more destructive than the terphrase.
Everybody's afraid to make a move. Nobody wants to jump
into the stock market. Is he going to do something else?
Is going to send it lower. Is he going to
lock these in or is he going to remove them?
If he removes them, then the stock market's going to
go up. You know, he might keep these things, keeps
going down or whatever. Nobody knows what to do because

(18:48):
of his chaos that he has done. That's the worst
thing about all of Trump's policies. He can't or won't
make up his mind, and I don't think he wants to.
He thrives on chaos and conflict. He wants everybody guessing.
He wants everybody in the world focused on him, and
he is not going to give us a clear path forward.

(19:11):
So it isn't other governments. It's our own government that
has killed industry and opportunity. It's our own government that
has put its boot on our throat. It's our own
government that has sought off the lower rungs of the ladder
of success that you can't do entrepreneurship. It's our own
government that has told people where to build factories and
then pull the rug out from underneath them. It's our

(19:32):
own government. We've met the enemy.

Speaker 3 (19:36):
He is us.

Speaker 2 (19:37):
And look, it's not all just Trump. This is a
bipartisan thing. But he's made it even worse with a vacillation.
So he finishes with his concludes with the as he's
chiding all these other countries and talking about how wonderful
taxes are as an engine of creation. No, they are

(19:57):
the power to destroy. That is what they do. They destroy,
taxes destroyed, they don't create. He says, someday people realize
that terrifs for the United States of America are a
beautiful thing. Now let's talk about the truth of that.
Just change a couple of words. Someday people realize that tariffs,
that taxes from the US government are a beautiful thing.

(20:20):
That's what he's saying. These tariffs are not for the
American people. They are taxes for the US government, and
it's a beautiful thing.

Speaker 1 (20:29):
Right.

Speaker 2 (20:31):
Well, no, actually it isn't. Don't you love huge government
and huge deficits. That's what the taxes are for. And
so at the same time all this stuff is happening,
I said, you know, here we are five years, five
years afterwards, and of course the exact anniversary when this
all began, it was probably the thirteenth of March. I

(20:54):
forgot that date because it came on Thursday. That was
the thinking about it. Guard Goldsmith reminded me that Thursday
the thirteenth, Hey, this is a five year anniversary of
all this stuff.

Speaker 3 (21:04):
That's right.

Speaker 2 (21:04):
It began on a Friday, and by the following Monday,
the sixteenth, everything was locking down. Over the weekend. You
had declarations from the governors of California and New York
they're ready to lock people down right away, and everybody
else began to follow on with all of that. And
so there's multiple stories out there about the five year
anniversary of the COVID lockdown, and I think it's appropriate

(21:28):
for us to remember this. I don't see anybody connecting
this really. I mean, they're getting pretty close when you know,
Dredgeport says, take your medicine right. These people know who
ran this scam, even if the MAGA people and the
MAGA press won't admit it. They know where this all began.

(21:50):
But people are not making the explicit connection to it.
I think we should make that explicit connection to it,
and so I would take a look at the all
of this nonsense. The COVID superstitions or public schools are
closed from March to sixteenth. They closed in California, says
this author here March is sixteenth, twenty twenty. They didn't

(22:12):
open up until September twenty twenty one. And that was
I told you that was going to happen as planned,
as practice. They legally prepared for this. They had the
state laws put in place in two thousand and one.
This is the other shoe of nine to eleven to drop.
They had given the pharmaceutical companies legal immunity. They were
playing the same game with a mask, saying, you wear

(22:34):
your mask for yourself. I mean not for yourself, but
for the other people. That's always the argument they've given
for the vaccines. So they were ready to roll this
stuff out as soon as it was time for school
to start so they could mandate it for children. Playgrounds
in San Francisco were closed until October twenty twenty. Outdoor
playgrounds were closed for seven months. While open in the beginning,
these are the rules in the playgrounds. You could only

(22:56):
stay for a half hour. No eating, no drinking water,
because two year olds would need to remove their masks
to do so. A two year old, you know, you
might get the cooties if you stayed out there more
than a half hour. So you can't stay in the
park for more than a half hour, and if you
wanted to do any activities like climbing or something like,
they had to get into line.

Speaker 3 (23:16):
But you had to stay six foot apart.

Speaker 2 (23:18):
If your child was crying, you had to leave the
public park because they might spew droplets in COVID. Basketball
hoops were boarded over. They stayed that way for well
over a year, some longer because they were forgotten about.
And we've forgotten about that now, haven't we. Skate Ramps
at state parks were filled with sand. Restaurants didn't open
until September thirtieth, then they'd close again, then open again

(23:41):
at the whim of the city's public health aureucrafts. Kind
of like the Trump tariffs, isn't it so much? Is
the same. Once the city's parks open, people were forced
to sit and chalk circles to maintain their distance. This
is what living under a dictatorship is. Like they said
the dumbest thing, and then it got evil. It began

(24:02):
to be a see something, Say something campaign. People are
encouraged to turn in their friends and neighbors rather than
suspected terrorists. See someone entering a neighbor's home that doesn't
live there. Text the numbers.

Speaker 6 (24:15):
It's it's science.

Speaker 2 (24:17):
Yeah, thanks the number, and you'll see the cops show up.
You got somebody from a different household that is mixing
outside the park, Well, text the number to somebody see
some madness or a child playing in a playground with
a yellow caution tape around the swings. Text this number

(24:37):
and what happens when you text that number? In San Francisco,
she said, Well, a police officer who couldn't be bothered
to help with a heroin addict who's vomiting on your
doorstep would be happy to interrogate you about who is
inside your apartment and ticket you if you dared to
exercise beyond a one mile radius outside of your home.
The citizenory of San Francisco took great pride in turning

(25:00):
in their friends and neighbors for a perceived violation. She said,
I learned that the vast majority of people that I'd
considered to be my people for decades would have been
snitches for the Stazi. Yeah, like that American woman who
moved to East Germany because she loved communism. Later on,
when they revealed the Stazi files, she found that out

(25:20):
all of her neighbors were snitching on her to the
Stazi all of her friends as she thought, well, this
is what this lady found out. We turned into a
Stazi society. We turned into an OCD society.

Speaker 3 (25:36):
She says.

Speaker 2 (25:37):
As I've written extensively, my husband and I resisted and
shouted and raged about this from day one, and we
paid a heavy price. We left San Francisco on February
the first, twenty twenty one, a city that I'd lived
in and love for over thirty years. We lost friends,
I lost professional reputation as one of the best in
the business, a reputation that I'd spent decades building. Despite

(25:57):
being right about all of this, she said, my good
standing has not been restored. That's right, that's right. I
can relate to that. I won't forgive these psychopaths, pathetic cowards,
and aggressive virtue signaling conformists. She said, well, you can
start with Trump, which she doesn't come after because this

(26:21):
is Brownstone, right, They're not gonna be critical of Trump.
You don't want to commit suicide. Hey, look, I fought
the COVID warriors, but I was careful not to blame Trump.
Many of these people will say, right, because if they
blame Trump. You want to see how much worse it's
going to get if you blame the guy who actually
presided over it, the guy who bribed people to do
all of this stuff, both Democrat and Republican. She said, Now,

(26:45):
on the eve of the fifth year anniversary of the lockdown,
there is a book that is about to come out
about how wrong it all was, sort of, and the
book is the Case against Fauci. She's not happy with it,
but you know, this is phase two. Take your medicine.
Fauci's not there, but Trump is back. Now history is

(27:09):
rhyming again, isn't it? Take your medicine? So, she said,
in her view, the problem is we just focus on
one person, Fauci, as if everything else was okay. But
she sees some heroes in this that I don't think
we're heroes. Quite frankly, she said, the authors themselves admit

(27:32):
they said the case against Fauci. They admit that they
were bleaching their groceries. Is there any indictment of themselves
or do they just train their ire only on Fauci. Well,
that's what we're seeing. They can serve depressed do for
the most part, they will not blame Trump, They'll blame Fauci,
they will blame Birks, They'll blame maybe Redfield, but now

(27:52):
not Redfield, even though Redfield is back and he's pushing
bird flu lies. But the key thing is that now
both left and the right or in agreement. You know,
they were fighting over whether it was a lab leak
or whether it was bat soup or you know that
kind of thing. Now it was a lab leak, and
so everybody wants to say this is their alibi. It
was real. We did the best we could, but it

(28:13):
was crazy. And that's what she faults this book for.
She said, well, she said COVID was not a one
man problem, and yet nobody wants to talk about the
guy who was running the government at the time, the
guy who funded it all. She goes through and says

(28:34):
David Wallace Walls with his New York Times piece just
a few weeks ago called the COVID alarmists, said they
were closer to the truth than everyone else, were they really?
You know, we saw the same thing from Scott Adams.
Scott Adams, at the very beginning of all this stuff
said these so called freedom lovers are looking like psychopaths.
He said that when we were about two weeks or
more into it, and I replied to him at the time,

(28:57):
and I said, the so called pragmatists are looking like totlitarians.
And then when all of this stuff is over over
Scott Adams, the Dilbert guy again, I just I never
got it. I mean, he doesn't have he doesn't have
any insights that are funny. It's not funny, it's not insightful.
It's a cartoon strip. And the guy is a full

(29:21):
on totlitarian. And he comes back he goes, Okay, you
guys who are against all this stuff, you're right, but
you just got lucky. You didn't know why this is No.
I knew exactly why it was wrong because I had
looked at what people had been doing for twenty years.
And so anyway, this guy from New York Times said

(29:43):
COVID minimizers and back skeptics.

Speaker 4 (29:45):
But I think the funniest thing about the whole Scott
Adams thing is even when he admitted he was wrong,
his whole shtick was, oh, I was wrong, but it's
because I was too smart. I wasn't thinking like an
idiot would. Yeah, I was too smart to figure this out.

Speaker 3 (29:58):
Oh I just overthought it.

Speaker 1 (30:00):
You know, my brain was too big.

Speaker 2 (30:02):
Yeah, yeah, too big. I tell you what. It truly
is amazing to these o this stuff. I interviewed him
once and he was saying about Trumpy, and I thought
it was a good insight that he had. He said,
you know, the reason that Trump won was that he
made it about America, whereas Hillary Clinton it was it's

(30:23):
you know, it was her turn, right, I'm with her,
and Trump was saying I'm with you. Of course he
was lying, but you know that was his basically his messaging,
and that was what Scott was there to talk about
the difference between the two of them right after the elections, like, okay, yeah,
that's true, but he's completely off base about everything else.

(30:49):
And so this guy the New York Times says, like
COVID minimizers and vaccine skeptics now run the country's health agencies.

Speaker 3 (30:55):
Do they? I wish they were. No, we've got.

Speaker 2 (30:58):
Sycophants and boot liquors, and we've got syringe worshipers who
are running this now. Look at RFK JR. He's now
a syringe worshiper, right, he's now basically a prick he's
out there talking about MMR. Oh, it's safe, it's effective,

(31:19):
it's your best defense against those deadly measles. They come on,
Come on. And then her hero Jay Badachchara right, he
is also embraced the vaccines in MMR, and they're not
talking about Mr Anda. Why are these people heroes to her?
I don't get it, she said. The alarmist continue to

(31:42):
insist that we need to do better next time, lockdown
harder and sooner, and implement more censorship. There's no apologies
coming from them, and there's no accountability coming from the
right for any of these people. It is simply a
partisan cheerleading game excuses for Trump. And now he's going
to play you again. And he began playing you again
right away day after he sent Stargate. Now mRNA is back,

(32:06):
is still your savior, and we're going to combine it
with AI. And then he does this sham of having
Dave Weldon, a critic and a skeptic of this stuff,
who telegraphed that he was willing to subjugate himself to
the vaccinators. That wasn't good enough, and I don't think

(32:30):
that was ever the intention. Clearly, Dave Weldon was going
to sell out, just like Jay Bodicharo and RFK Junior
and the rest of them. But they wanted somebody who
was going to push AI plus mRNA and that was
you know, he was bait. And then for the switch
we got an AI mRNA person. So she said, the

(32:55):
rest of us, tho who pushed back against this, we
are not uncanceled. We are still heretics who made have
been right, but you know, for all the wrong reasons,
as Scott Adams said. But then she finds a glimmer
of hope in doctor J.

Speaker 3 (33:07):
Boncharo.

Speaker 2 (33:08):
No, I don't I think he's another feckless coward who
kissed the syringe of power. Notably, in his confirmation hearings,
he was not asked a single question from the Democrats
about his views on lockdowns. No, the purpose was to
get him. The purpose of the lockdown of the confirmation hearings,
I should say, was to get these guys to embrace
the vaccine. And the purpose of the lockdown. She's focused

(33:32):
so much on the lockdown as she ignores the vaccine.
The whole purpose of the lockdown was to hold a
gun to your head to get you to take the vaccine.
Doesn't she see that. She sees the absurdity of the lockdown,
but she doesn't see the ultimate purpose of it. It
was blackmail, blackmail and fear, and that is what is

(33:53):
still being sold. So another article five years later, what
COVID taught us? Now this is from a a Christian
site and he's talking about what happened with the churches.
But I would say this five years later, COVID didn't
teach us anything. COVID didn't exist. What should we have
learned from Trump's medical martial law?

Speaker 3 (34:15):
That's the issue.

Speaker 2 (34:17):
And what should the churches have learned about this? If
anybody's going to stand up on principle, wouldn't you think
it would started the churches, wouldn't you hope this person?
Shane Adelan said, it's clear many churches have either closed
or considerably shrunk in size since COVID nineteen forced them
to lock their doors. No, that was Trump, Trump and
public health goons. Reasons range from churchgoers are still scared

(34:42):
to return to they prefer watching live feeds. A lot
of these people were afraid of the disease that they
were told was out there. A lot of people were
not afraid of the disease. But they were afraid of
the negative publicity, or they were afraid of the police
and the government. And so I agree with him. He says,

(35:06):
this issue runs much deeper, it really does. It comes
down to the heart of it. And here's the issue.
These were zombie churches in the first place. There were
whitewashed sepulchers, the dead people inside that seemed to be alive.
That's why they closed in the first place, and that's
why they didn't come back. So it says, we need

(35:30):
to understand the churches and the pastors. There are not
CEOs running a business. We are watchmen who are there
to warn a nation. Well, there were watchmen who couldn't
see the war, couldn't see the army that was coming
at the city. They didn't have the discernment to do

(35:53):
anything about it, or they didn't have the character to
do anything about it. And that varied from place to place.
Is fear, uncertainty, doubt, doubt in God is what it was,
and lack of discernment. He says, when you lose intimacy
with God, you lose boldness. He said, but as Zachariah

(36:16):
one says, return to me and I will return to you.

Speaker 3 (36:21):
That's God. He said.

Speaker 2 (36:23):
The strength of your church lies in purity and spiritual power,
not in its numbers. God doesn't need a majority. He
is the majority, and we need to understand that as well. Yes,
everybody around us is losing it, and it's like that
Rudyard Kipling point. You know, if when everybody around you
is losing their head, you can keep it. But it's

(36:44):
even bigger than that, when everybody around you is so
afraid of death and so afraid of government, that is
the time that you need to understand that God is
the majority. That God is on the throne. He hasn't
gone away, he hasn't left to come back someday to

(37:07):
leave you on your own. He's there and he is
on the throne, and you have to understand that in
this temporary life, nothing is going to happen that he
doesn't allow. So we don't have to be afraid of that.
But we're come back. We're going to take a look
at the current state of the tariff war, what is
going on with China. You know, I said in the

(37:29):
twenty twenty elections, I said, if Biden wins, it's going
to be war with Russia. If Trump wins, it's going
to be war with China. Well, we've had our war
with Russia. Still at war with Russia, by the way,
and I said, if we're unlucky, we're going to be
both of them. If we're unlucky, the war with Russia
is going to continue. But here we have Trump and

(37:51):
he wants a war with China. And that's what these
sanctions are about. Think of them as sanctions. If you're
going to put penalties against an entire country, you're not
doing this for revenue. You're not doing it as protectionism.
You're doing it as a political sanction. This is the

(38:12):
beginning of Trump's war with China. We're going to take
a quick break and we'll be right back.

Speaker 1 (39:24):
You're listening to the David Knight Show.

Speaker 9 (39:28):
Hello, it's me Voladimir Zelenski. I'm so tired of wearing
these same T shirts everywhere for years. You'd think with
all the billions I've skimmed off America, I could dress better.
And I could if only David Knight would send me
one of his beautiful gray mcguffin hoodies or a new
black T shirt with the mcguffin logo in blue. But

(39:51):
he told me to get lost. Maybe one of you
American suckers can buy me some at the Davidknightshow dot com.
You should be able to buy me several hundred. Those
amazing sand colored microphone hoodies are so beautiful. I'd wear
something other than green military cosplay.

Speaker 10 (40:08):
To my various gallas and social events.

Speaker 9 (40:11):
If you want to save on shipping, just put it
in the next package of bombs and missiles coming from
the USA.

Speaker 8 (40:27):
With China, as you know, against my statement, they put
a thirty four percent tariff on above what their ridiculous
tariffs were already, and I said that tariff isn't removed
by tomorrow at twelve o'clock, we're putting a fifty percent
tariff on above the tariffs that we put on.

Speaker 2 (40:49):
Yeah, and as I said before, Biden warwor Russia, Trump
Warwick China trade war, and both of their wars began
with sanctions, right. Biden began with his sanctions and Trump
is beginning with his sanctions. Trump has threatened to slap
an additional fifty percent on all Chinese imports unless Beijing
recalls it's proposed retaliatory thirty four percent levy. Now, let's

(41:12):
understand the timeline here we had earlier there was a
twenty percent tariff put on China by Trump again because
the emergency of fensitional and yes there's fenttional coming from China,
but it's not such a big emergency that Trump wouldn't
get rid of those tariffs if they would just let

(41:34):
one of his billionaire buddies by TikTok. Right, So you know,
the emergency to declare, he had to declare an emergency,
whether there one was one or not, he had to
declare it so that he could say that I'm going
to set all this stuff arbitrarily by myself rather than
having Congress do it. So the whole thing about the
emergency is a fraud, just like it was a fraud

(41:56):
five years ago about the COVID emergency. And you know,
he did his thing on March thirteenth. On January thirty first,
ten days after Trump was at World Economic Form, he
had his pharmaceutical head of HHS declare a pandemic when
only six Americans they claimed had COVID. Anyway, so the

(42:18):
emergencies of fraud, but the emergency is there so that
he can exercise these extra powers that are out there now.
So he put the twenty percent tariff on about the
fentinel stuff. China didn't do anything about that. They didn't
retaliate with it. Then he came out and he put
an additional thirty four percent on and China says, I

(42:40):
see your thirty four percent, and that this is like
a poker game, right, And that's concerns as well, since
Trump had so many casinos that went bankrupt. Now he's
playing poker with the Chinese. We might lose this game.
So the so they put the thirty four percent thing on.

(43:01):
But remember their total terraces now that he's put on
them is fifty four percent. And now what he's saying is,
I'll put another fifty percent on them. He'll take it
up to one hundred and four percent on everything that
comes out of China. He's really poking the bear, isn't he?
Or the I guess Winnie the Pooh, I guess you know,

(43:22):
you talk about any guy stuff. I went to an
AI average program. I said, show me a picture, do
a picture of Shijiping and Winnie the Pooh clothing, and
it came up with a hilarious one with him and
Winnie the Poop pajamas, the poop. Don't show it to
you some time anyway, thirty four percent tariff on imports

(43:42):
from China on top of the existing twenty percent. And
so now they said, okay, now we're going to you know,
raise it thirty four percent against you. So the Chinese
Form Ministry said it'll hurt the US itself as well
as others. Well, that's the case with every war. A
trade war is dangerous, especially this kind of trade war,

(44:02):
because this is not even about protecting particular industries. This
is about going after one country. So it's really not
a tariff, it's a sanction, and sanctions are the beginning
of wars. And these are punitive rates. So what was
the situation with China. With China, they've taken advantage of us.

Speaker 3 (44:21):
Yeah, they have.

Speaker 2 (44:22):
And guess what, it's our leaders and it is the
globalists who put them in that position. Going back to
Richard Nixon, who was actually presidency of being run by
Henry Kissinger opening up China. The globalists loved China. They
wanted to use it as their beta test site for depopulation,
their beta test site for technocratic surveillance, police state. And

(44:44):
they've done all those things. They have used them as
their beta test site for global surveillance of everybody in
their country, the biometric database associated with identifying people by
fai by walk by, the rest of this stuff, and
the one child policy, and they did everything that the

(45:06):
global was wanted. And in return, the Global was said, Okay, well,
you know, we're going to move our industry there, and
we're going to tell the US and Europe and everybody
else except for you and for India. We're going to
tell them that the two most populated countries, we're going
to tell everybody else that the world is going to
melt down because of your activity. But the two largest

(45:30):
populated countries, they're free to do anything that they want.
As a matter of fact, they don't have to clean
up their coal plants. They can make them as cheap
and dirty as they want. They're opening up a half
dozen a week literally in China. So we're going to
give you a monopoly on energy. You're going to get
in You're going to be able to generate energy so cheaply,
nobody will be able to compete with you, and you're
going to have cheap labor and all the rest of

(45:50):
the stuff. Just do some of the things that we say,
create the template and work this out, how we're going
to do the biometric surveillance, police state, and depopulation. But
where were they in terms of the actual tariffs. Well,
I did a little bit of research and it turns
out that China's tariffs were between five percent to seventy percent.

(46:16):
That's a big range. Why because it wasn't against a
particular country, it was protecting certain industries. Most of the
tariffs were in the ten to twenty five percent range.
There were a couple of areas that they had selected
that were there for political reasons that were punitive, and

(46:36):
that's the few that were in the fifty to seventy
percent range. But the vast majority of them were in
the ten to twenty five percent range. And I think
that that is the reason that they didn't do anything
the first time around, you know, waiting to see what happened,
because you know that's about where most of their teriffs
were anyway. So, Okay, he's using a phony justification to
get this emergency thing. And now they put the twenty percent,

(46:57):
but we're charging about twenty percent, so it were then
when he adds another thirty four percent, they add thirty
four percent, and they've done something even more damaging because look,
we buy way more from China than they buy from US,
so that should give us the advantage. And yet they've

(47:19):
got something that we don't have, rare earth minerals, which
are necessary for electronics, for battery manufacturing and all the
rest of the stuff that they're forcing us to have.

Speaker 3 (47:32):
And so.

Speaker 2 (47:34):
You know these the you know you're going to put
out terrorist by country with those are sanctions. And so
what China has done is they've sanctioned minerals just like
Biden sanctioned oil from Russia. So you're not going to
be able to sell that. Well, well, they said, well,
we're not going to let you buy these minerals that
you need for the things that you want to manufacture.

(47:56):
And it's not just the US. They're doing this globally
to everybody so that other countries will put pressure on
the South Korea, which is getting hit with penalties in
the initial round. I don't know where they are negotiations
or anything, but they hit them with a ten percent
penalty even though they have a zero tariff on the
US in South Korea. South Korea is also getting hit

(48:19):
now with this embargo on rare earth minerals. China is
the world's dominant producer of rare earth minerals for about
seventy percent of the world supply.

Speaker 3 (48:29):
At the moment.

Speaker 2 (48:30):
China supply is roughly sixty percent of the raw materials,
but they supply ninety percent of the processing and refining capacity.
China controlled ninety percent of the market about a decade ago,
but alternative suppliers ramped up production in the Chinese retaliated
for this infringement on their near monopoly by setting record

(48:51):
high production quotas and a bid to bring prices down
and to bankrupt their competitors. This is monopolistic practices. We
see this out of Wall Street with a big box
retailers and things like that. They would come in and
they could operate at a loss. And saw it with
Blockbuster competing against all the small mom and pop places.

(49:12):
And when we had the video business, they would pick
one retailer and they would put a big Blockbuster thing
in front of them and then operate at a loss
until that person went out of business and they would
pick somebody else into it. They picked us to do it,
and we stayed in business because we'd focused on catalog

(49:33):
titles instead of new releases because I didn't like the
garbage that it's a lot worse now than it was
in the early nineties when you look at what Hollywood
is putting out now, But we didn't like it even
back then. So this is a monopolistic practice. We're going
to operate. We're so big, and we're going to operate
at a loss, and we're going to be able to
subsidize this. And this is what corporations in the US do.

(49:56):
They subsidize their losses. Moderna operated for ten years without
a product, constant losses, but they had support on Wall
Street because they gave people happy numbers. Okay, happy scenarios.
Oh we got this new thing is going to cure cancer.
Never did, never went to market, but they were still
able to operate at a loss. And of course Blockbuster

(50:17):
operated at a loss. They never made money after they
were bought by Viacom, which are on paramount CBS other
things like that. Never made money after that, but they
were there as a cat's paw for paaramount and for
the Hollywood industry to shut down the individual retailers, and
so you know, they can operate a loss that is

(50:38):
a clear monopolistic practice, and that's what China's doing with
the rare earth stuff. The export controls they call it, well,
they're sanctions, sanctions against us that we sanction them. The
sanctions pointedly excluded two rare earths, neo demium and praise odemium.

Speaker 3 (50:58):
I've never heard of. These things definitely are rare.

Speaker 2 (51:02):
I look at the names of these rare earth things
and I was like, what unobtainium is now on the
list as well? Because you can't get it. They have
abundant supplies outside of China, so they didn't put that
on there. But all seven of the rare earths that
were subjected to additional export controls are minerals which are
primarily supplied by Chinese sources. So what they're saying is

(51:25):
there's nine of them. They didn't put these two that
other people have they're not so rare that well, they're rare,
but China doesn't have a monopolistic control of it. But
these other seven that they have an effective monopoly ninety
percent of the processing and refining capacity, as well as
sixty percent of the minerals themselves. They put restrictions on

(51:47):
those export controls Chinese officials on Friday claim the new
controls are justified because these seven minerals have dual use
military applications and are therefore vital to China's national security.

Speaker 3 (51:59):
They'll always all of.

Speaker 2 (52:01):
These governments always say this is vital to our national security.
So South Korea, heavily dependent on the Chinese rare supplies
for its electronics industry, held a quote supply chain inspection
meeting unquote on Sunday to assess the impact of China's
trade restrictions on rare earth metals. These are the knock
on effects from what Trump has done. And so South

(52:23):
Korea is out there, you know, you zero tariffs on
American products, but Trump hits them with ten percent. Then
China says, well, I'm gonna we're going to not allow
these rare earth minerals that you need to go out
as a retaliation against Trump, because they can't really retaliate

(52:43):
on the tariffs since we are buying more from them.
They don't buy that much from us. The South Korean
Trade Ministry said the meeting that it believes the government
can provide and private stockpiles are sufficient to last for
six months. On two of the seven restricted rare earths,

(53:03):
while manufacturing processes can be adjusted to reduce consumption of
two others. Okay, well that's four out of seven. What
happens with the other three? No word about that. This
is going to have a big effect, big effect. Now
in Australia and Australian mineral companies there are expressing optimism

(53:25):
on Monday that they could benefit from China reducing its supplies. Remember,
as China was starting to get competition from other places
where they do, they upped their production to make sure
these people were swamped out and couldn't survive. So now
if China drops this production, there's an opportunity for these
Australian mining companies. Australian refiners were already making plans to

(53:49):
cut into China's huge share of earth market, so Beijing's
export controls could give them the money and the opportunity
that they need to execute those plans more rapidly. And
just on a side note here, Australia, like the UK,
a couple of countries that we had a trade surplus with,
they bought more from us than we bought from them
on a country by country basis, and yet Trump still

(54:12):
hit him with ten percent tariffs. So this is again,
it is just insanity. Charles Hugh Smith said, after the
tariff earthquake, and I talked about this earlier. Yeah, the
fact that he sees they said, the good analogy. Trump
used analogy of well, you know you had surgery. He
likes this medical stuff, right. I guess he's been talking

(54:35):
to Bill Gates a lot. Thank your medicine. You got
to get this shot. It's really going around. Trump likened
it to surgery, said, yeah, the patient may be in shock,
but the patient is healing. Now, I think it's a
better analogies kind of like he drove his car into
ours and people are injured, some of them are in shock,

(54:59):
and he doesn't care.

Speaker 3 (55:02):
He doesn't care.

Speaker 2 (55:04):
So Charles Hughes said, No, the real analogy is an earthquake.
And again, you know, are we okay, what's left and
so forth? And okay these okay, that building is still standing,
but it may not be standing because there may be
follow on fires that come. Foundation may be destroyed. That
type of thing.

Speaker 3 (55:23):
He said.

Speaker 2 (55:24):
The initial assessment of an earthquake is off the mark
as much as the damage is not immediately visible as
reports and start coming in a broken infrastructure, fires breaking out.
We realize that the immensity of this damage and the
rising risk of conflagration, uncertainty and rapidly accelerating chaos rain

(55:44):
see and so again we come back to Trump's chaos
and the uncertainty of the tariffs, and now we've added
even more. That's why the markets are so sick. There's
even more chaos and uncertainty because nobody knows he's going
to stick to this, if he's going to change it,
how do we make plans. Let's just shut everything down

(56:04):
and wait to see what he's going to do. It's
an economic lockdown. It rhymes with what he did five
years ago, he said. The key parallel is that the
damage is often hidden and only manifests later. Parallel to
the earthquake, he said, water mains may have been broken
on the surface, foundations may have cracked. Though structures look
undamaged and seem to be safe, they're closer to collapse

(56:28):
than we can imagine. And the structural damage is hidden.
Because that's what's happening to us economically, that we're closer
to collapse than people can see. That the damage remains hidden.
What was considered to be rock solid and safe is
revealed as vulnerable in ways that were poorly understood. The
Tariff earth earthquake exhibits many of these same features. Much

(56:50):
of the damage has yet to reveal itself. Much remains
uncertain as chaos spreads like an earthquake. This economic damage
is stomach Both infrastructure and households are disrupted. The uncertainty
itself is a destructive force. And we've had two months,
so this capricious vacillation that has prepared us for this.

(57:14):
He said, you know, when you look at the Ring
of Fire, the areas where they have earthquakes, it's in Asia.
Another parallel there. But he says, earthquakes can trigger other
events along the dynamic intersection of tectonic forces. And so
as we have this earthquake with China, this trade quake
with China, well they do well, then they restrict rare

(57:36):
earth minerals. That now we've got.

Speaker 3 (57:38):
An earthquake going on in South Korea. It's spreading.

Speaker 2 (57:43):
So he said, the same way the Tariff earthquake is
unleashing economic reactions across the globe. Anyone claiming to have
a forecast of all the first order and second order
effects of the tariff earthquake will be wrong. It is
impossible to foresee the consequences of so many forces interacting.
Fires have been ignited that are not yet visible. And

(58:04):
the economist who's very famous for the black Swan meme
and has been he's always very bearish, he's always very pessimistic,
but he's usually right when he speaks out. He came
out yesterday and said that this is just the beginning.
This is the first wave, the first shock. He said,
when all this is done, he expects the stock market

(58:26):
will have lost eighty percent of its value gone.

Speaker 3 (58:32):
So you know, what do you do about this? Again?

Speaker 2 (58:34):
It's going to affect the infrastructure. You're you got to
look after your house. One of the things that you
can do to kind of prop up your house is
to make sure that it's got a lot of metal
in it. Maybe got Davidknight dot gold and get gold
and silver whatever it's a Silver was even, I mean
gold was that. Silver was down and gold even went

(58:55):
down yesterday. I don't know what it did today, but
everything has gone down. Bitcoin has gone down even more.
The stock market has gone down way more, and I
don't know percentage wise, I think bitcoin went down more
than the stock market did. But gold was hanging in there.
Yesterday it dropped from it was up around and staying

(59:16):
in the thirty one hundred three thousand range. Yesterday it
dropped down like twenty nine something. But again, the fundamentals
are still the fundamentals. And just like we're talking about
with the the hopium about Trump and crypto that sent
gold lower last fall, I think it's a buying opportunity. Frankly,

(59:37):
you know, it's the fundamentals have not changed. We still
have even though nobody is talking about the budget deficit,
even though nobody's talking about the cumulative debt of thirty
seven trillion dollars, it's still there. Now everybody is talking
about the trade deficit, which is just under a trillion dollars,
and nobody's talking about the thirty seven trillion dollars worth

(59:59):
of debt, and nobody's talking about what's going to happen.
If some of some people like JD. Rutger are out
there saying, well, this is genius part on Trump, because
he's going to hurt the economy. He's going to drive
us into recession, and the Federal Reserve will be forced
into lowering interest rates great, Well, what happens with that inflation?
What happens with gold during inflation, it goes up. This

(01:00:22):
is why, you know, people run to real stuff when
things get really bad. And it's why when whatever they
do with thirty seven trillion dollars in debt, just trying
to lower the interest rate on that debt isn't really
going to help much. The debt is the issue, and
the debt is there because of government spending. It's not

(01:00:44):
there because of trade barriers abroad. So it's not just
a stock market that's in trouble. By the way, you know,
when you get goldensilver, David Knight dot gold, take it
to Tony Arduman. I should mention that Tony always has
supported the show, and he's got a great program for
people you want to gradually start accumulating. I don't know
anybody else that does things like the wolf Pack. You

(01:01:05):
can start at fifty dollars, you can go up to
what was it the sigma level was like seven to
fifty I think or something. And that can be per
month or it can be a one time thing. And
so he's got that. Of course, he can also get
you gold or silver anything that you want. To put
it in you look at a lot of people losing
a lot of money and the pension plans and things

(01:01:27):
like that. You can set up a gold or silver
ira and he can help you with that as well.
So it's not just a stock market that's in trouble.
It's going to be supply chain chaos as well, just
like five years ago. This is Reason. That's their headline.
It's not just a stock market that's in trouble. Trump's
tariffs vaporized six trillion dollars in value from the stock

(01:01:49):
market in just two days of trading last week. Now,
a lot of people said it's spent ten to eleven
trillion dollars since he took office, But that was just
a two day thing. Six trillion. Here's the bad news.
That's not the end of the bad news, says Reason.
The big hit from Trump's tariffs probably hasn't even arrived yet.
It's going to be that aftershock. The stock market is

(01:02:12):
not the economy. It's an aggregated indicator of what investors
think the economy will look like in the future. Right now,
they think it's going to be bad, really bad.

Speaker 3 (01:02:19):
You know.

Speaker 2 (01:02:20):
Isn't it funny how Trump was always boasting about the
stock market always that was his metric of success. Not
talking about it now.

Speaker 10 (01:02:29):
Is he?

Speaker 2 (01:02:30):
In addition to crashing americans retirement accounts and wiping out
huge amounts from American companies like Apple and Nike, among
the biggest losers in Fridays, aro out, Trump's move will.

Speaker 3 (01:02:39):
Soon raise taxes. Is that good?

Speaker 2 (01:02:43):
Wreck supply chains? Did you like that when he did
it to us five years ago? Make basic goods more
expensive or difficult to obtain? Hey, got to take your medicine.
Got to get the shot because I say so, and
I've got an agenda, and it doesn't involve anything that's
good for you. That's what my buddy's an eye. Well,

(01:03:04):
they've told me I need to do so. Even if
you aren't affected by the stock market sell off, you'll
feel the effects of the tariff before long. And just
you remember, if you're filling upset and life is tough,
just take a spoonful of Maga'll help the medicine go down.

(01:03:24):
So first, the tax increase, he said, Trump's terraces will
reduce the average household income by nearly thirty eight hundred
dollars this year because a lot of things will get
more expensive. Secondly, there'll be the supply chain chaos. Ryan
Peterson is the CEO of Flexport that is a tech
platform that helps companies with global logistics. He reported last
week that twenty eight percent of the companies in their

(01:03:47):
system are pausing all ocean freight bookings from Asia until
there's more clarity on where the terraffs will end up.
You see more clarity. We need clarity. There's Uncertainty's chaos.
Nobody knows what he's going to do at any moment,
So everybody's just stopping. In Asia, they're stopping. The European
car companies are stopping. You got Mercedes, you got VMW, VMW, VW,

(01:04:12):
how about they're going to merge call it VMW instead
of BMW. BMW is doing. But I know that VW
and Mercedes are putting everything on pause, and so are
the a quarter, well, twenty eight percent of the companies

(01:04:33):
in his system are putting it on pause.

Speaker 3 (01:04:36):
What is going on? I don't know.

Speaker 2 (01:04:38):
Let's wait and see what he's going to do. That's
going to wreck things. Just that uncertainty and the pause
will wreck things. Even if some American companies are willing
to pay the teriffs to keep the supply chains flowing.
They may not be able to find importers and shipping
services right now because everybody said, well, we're just gonna
wait and see what Trump is doing. That in and
of itself is a lockdown. He's locking us down this

(01:05:00):
time with what fear, uncertainty, in doubt, just like he
did with COVID. The COVID thing wasn't real. It was fear,
uncertainty and doubt. And he's doing the same thing again now,
except now it's based on supposedly fixing the tariffs. One
before was supposedly based on fixing the bat soup disease

(01:05:21):
or whatever it was. A trade war triggered by Trump's
Caatoch tariffs is the same kind of aggregate shock as
the COVID crisis, but worse.

Speaker 5 (01:05:31):
So.

Speaker 2 (01:05:31):
As a professor of economics at Northwestern, take for example,
morning coffee. Americans consume let me see this, one point
six billion pounds of coffee last year, but the US
only produces eleven million pounds annually and all of it
comes from Hawaii. Okay, so we got something of a

(01:05:54):
coffee deficit, don't we. Well, we should punish those countries
that have coffee.

Speaker 3 (01:06:00):
That's the story right there.

Speaker 2 (01:06:02):
But he's not even doing it on an industry by
industry thing. However, America exports a lot of coffee even
though it doesn't grow it. We refine it. Remember we
were talking about the rare earth minerals. China has a
sixty percent of the rarest minerals, but they do ninety
percent of the processing. Well, we do a lot of
the processing of coffee even though we don't grow it.

(01:06:25):
And the companies that process it then export it. Well,
what's going to happen with them? You see how it
screws up and throws a monkey wrench into the supply chains,
exactly like his fear, uncertainty and doubt had five years ago.
He said, So coffee drinkers are screwed, and the coffee

(01:06:48):
exporting companies that employ American workers are screwed even more.
He said, now repeat same this process for every one
of the industries. Because everything is distributed. These people have
set up a distributed global system of supply chains. And
Trump demands like a temper tantrum, that you fix it

(01:07:09):
right now, right now. We're not going to get out
of this gradually. No, it's going to be done right now,
because I've got to have the credit for Well, he's
going to get the credit for what's going to happen here,
not from not from the Trump sucker media that's not
going to give him credit. They're sucking up to him.
Whether or not the menu of tariffs causes the recession

(01:07:29):
remains in question, but it will slow down growth, said
Jamie the Demon CEO of JP Morgan. The quicker this
issue is resolved, he said, the better because some of
the negative effects increase cumulatively over time and would be
hard to reverse. So this is one of the reasons
why we don't need to discount what somebody is saying

(01:07:53):
because we disagree with them, like nine percent of the time,
they can occasionally tell you the right thing. I mean,
we've got Ursula fond of Lying at the EU and
she's telling us the truth about this chaos. We've got
Jamie the Demon at JP Morgan. He's's the truth about this.
But there's a lot of people, well that's coming from
so and so, and I would never believe anything they say.

(01:08:14):
You know, Well, we had James Clapper exposed for spying
on Americans. That was Senator Ron Wyden that's the only
time he's ever done anything right. He exposed that everything
else Ron Wyden has done is absolutely wrong. But you
look at it on an issue by issue basis. It's
just like the media that you listen to. Don't discredit

(01:08:37):
everything because it comes from a particular you know, a
paper or something that's got a political bias that you
don't share. And don't believe everything because it comes from
a paper that has a political bias that you share
with him. So he says, this is reason Still, he says,
Trump seems to be unswayed.

Speaker 3 (01:08:59):
That's right.

Speaker 2 (01:08:59):
Take your mandated medicine. It's safe and effective, whether it's
the Trump shot, the genetic code injection, or whether it
is the Trump tearffs. You can be assured because Trump
said so that it is safe and it is effective.
I don't think this is going to be safe and
effective medicine for the economy. US stock market is closed

(01:09:20):
lower after Trump's latest tariff threats, after he threatened to
crank his terrors higher. Even yesterday against China, it went
even further down. We have the EU again. This is Ursula,
fond of lying, says, okay, well, let's do the zero
for zero.

Speaker 11 (01:09:37):
We stand ready to negotiate with the United States. Indeed,
we have offered zero for zero tariffs for industrial goods,
as we have successfully done with many other trading partners,
because Europe is always ready for.

Speaker 6 (01:09:50):
A good deal.

Speaker 11 (01:09:51):
So we keep it on the table, but we are
also prepared to respond through countermeasures and defend our interests.

Speaker 2 (01:10:00):
Yeah, okay, so there's your threat. And again it is
country by country. You know, when Trump was talking about
the terrace on cars with Japan's that's what he had
to say.

Speaker 7 (01:10:10):
So you know, I spoke this morning with the Prime
Minister of Japan and we had a very good conversation.
They're coming and I said, one thing, you're gonna have
to open up your country because we sold no cars,
like zero cars in Japan, and they sold millions of
cars into our country.

Speaker 8 (01:10:28):
They don't really take our agriculture.

Speaker 7 (01:10:29):
A little bit of it just to keep us slightly happy,
but they don't take what this is us to be taking.

Speaker 8 (01:10:34):
So we have a great relationship with Japan.

Speaker 3 (01:10:36):
We're going to keep it that way.

Speaker 7 (01:10:37):
But they're coming in to meat and other countries.

Speaker 6 (01:10:40):
Are coming in.

Speaker 2 (01:10:42):
Yeah, you know the whole thing about agriculture. Yes, that
is one of the big things that we put out.
But a lot of countries have said we don't want
your agricultural product because of GMO or because of glycasset.
And when you talk about the Japanese car companies I mentioned,
you know, I remember, like I said the other day,
in the seventies, well, we're going to sell them Cadillacs.

(01:11:03):
Everybody wants a Cadillac, right, Well, not in Japan, they didn't.
They were real gas guzzlers. They had the steering wheel
on the wrong side of the car for them, and
on and on. We don't care about their marketplace. We've
got people who don't want gwifist in their food, and
don't want GMO food, and they don't want left left
hand drive cars and all that rest of stuff. Well,

(01:11:25):
we don't care. It's American. You need to buy this,
and if you don't, we're going to punish you as
a country if your consumers don't want to buy the
American products, when the American products have nothing but contempt
for their consumers. And of course we've seen that in spades,
haven't we with the Dei stuff. We've seen Coca Cola
hating white people. You've seen NASCAR doing the same thing,

(01:11:46):
you know, being anti racist and all that. I mean,
they come after their own customers with contempt. And so
when we're talking about other countries, we see the contempt
in the products that were not designed to sell them too.
The Japanese market, it's like, well, we sell these things
in America, everybody I don't want to buy it because

(01:12:08):
everybody thinks like, well, no, everybody doesn't think like Americans.
Americans sometimes want something different than other people do, and
vice versa. We need to remain calm and respond in
a way that de escalates the stock market. Right now
shows what will happen if we escalate straight away, I
said the European officials. That was actually a Dutch trade minister.

(01:12:32):
His name is actually clever. We could use some of
that cleverness here, shouldn't we. We need to de escalate.
We need to stay calm, Stay calm. That's what I
said on Monday, the sixteenth of March. I started it
with the science stay calm and carry on, right, keep

(01:12:53):
calm and carry on. And also the one that doesn't
get as much attention, liberty is imperil defended with all
your might. Those are the slogans that they came up
with as the Battle of Britain was about to began,
and it was a real threat, unlike COVID. That was
a real threat, and I said, keep calm and defend
liberty because it's in peril. Right, Well, that's not what

(01:13:16):
we're getting now. You've got the Dutch Trade minister saying
that let's go slowly, and if only they would have
done that with Ukraine. Right, But Ukraine is ultimately about money,
you know. The war is about money for the EU
and these military industrial complex. All the wars are banker wars,

(01:13:37):
and it's the bankers and the corrupt politicians that benefit
from all of these wars. So that's an economic thing.
The EU Commission is has proposed a twenty five percent
tariff on US goods in response to Trump, but they're
going slow. They're saying they're not going to roll these
out until the middle of May, so they're giving Trump

(01:13:59):
a month and a half to change his fickle mind
and hopefully that'll happen, but if it doesn't, it's and
they're also throwing out the carrot, say well, let's go
to zero tariffs, and that's what the Mesa's Institute does
said I've read that and said, well, you know, why
does the offer this instead of jacking things up to

(01:14:19):
match what they're doing, why don't you say to them,
let's both go to zero.

Speaker 3 (01:14:24):
Well that's now what.

Speaker 2 (01:14:24):
The EU is saying is not what Trump is saying. Again,
of all things, to see that he's fond of lying
is more reasonable on this particular issue than any of
the Americans. The EU Commission is proposing twenty five percent
tariffs on US goods and response to Trump. But again
they are waiting until the middle of May, and they

(01:14:46):
put on the table, well we'll go to zero if
you go to zero. And so it's going to be
on a range of American goods in response to tariffs
on steel and aluminum. And notice again that it's on
American goods, just not necessarily on everything coming from America.

(01:15:06):
This is you know, they're not doing it the way
that Trump is doing it. So we're going to take
a quick break, we come back, we're going to go
to a different topic. I want to talk a little
bit about what's happening with artificial intelligence. And we've had
a couple of interesting things that have been put out.
Robotics that's starting to really explode in a lot of
different ways, not just robots that can be your maids

(01:15:32):
like the Jetsons. We're about to get our flying cars
and our robotic maids. But I think that's going to
be for the people who can afford them, not for
most of us. Most of us, they're working on how
they can take everything away from us, including our jobs
and factories. Before we take a break, I just want
to say thank you to some of the people who

(01:15:53):
have subscribed on Kick popa cy Tech has subscribed on
Klalamos three six is gifted a sub thank you very much,
and paper Castle they've all gifted subs, and so Travis
says he thinks we're now eight subs from the goal.

Speaker 4 (01:16:09):
That's right, and we thank you all for the gifted subs.
But Kick is looking for us to have ten individual
people subscribe for themselves. So if you would head over
to kick and give us a subscription, that would be wonderful.
We would really appreciate the support.

Speaker 2 (01:16:23):
And of course that's mainly for people who are on
rough En. If you want to go to Kick from Rumble,
that's fine too. We're still going to be staying on
Rumble and we appreciate the support there and we've been
building that. We don't want to just kick that to
the corner either. And on Rumble, Militant Milankovic, thank you
for the tip, he says, and he's now a supporter
on Rumble, and he gifted five subs on Rumble, he says,

(01:16:46):
please like and share and let's help David get on
Editor's Picks. Yeah, Rumble is a bigger platform and if
we can get your help on that platform, that gets
our visibility up there, that helps us as well. And
Rumble has been reliable now. We went to a couple
of months there we had issues with him, but they've
been reliable now for about four or five months in

(01:17:08):
terms of, you know, the the tips and things like
that that we get in terms of paying it. So
don't want to We're we're not kicking Rumble to the
curb at all. On Kick, Angry Tiger, good to see
you there, and see you on Kick, says the Carnival.
Barker put out a tweet yesterday saying inflation is gone

(01:17:30):
and see that one, and he's bringing billions back to
the US with tariffs. He then went on to say
how he wants to be to lower the interest rates,
which means a weaker dollar, which means more inflation. He's
destroying the economy. You're absolutely right, Angry Tiger, and he's
got the Angry Tiger Report, which is heavily on economics,

(01:17:51):
not exclusively, but you're absolutely right. And when we look
at this, you know, oh, we're going to lower the
interest rates, Well, that's going to be inflationary. And he's
not real In spite of all of the nonsense about dough,
he's not really cutting the budget deficit. They're not going
to cut the budget deficit unless they do something about
the warfare state and the welfare state, and they're not

(01:18:12):
really doing that. So on Kick Contagion Hoax says, I
feel that we're gathered with God here, thank you, David
Matthew eighteen twenty. Where there's two or three gathered in
my name there, I'm in the midst of them. Yes,
thank you, and thank you to all of you. I
appreciate all of you who support Newgather, and we do

(01:18:33):
have a great community in a lot of different places.
So on Rumble on rockfin and I think that we
can have a good community on Kick as well. And
I want to put all my eggs in one basket.
So we wanted to have Kick in addition to Rumble,
because it's just too I've been canceled too many times
in too many different ways. On Rumble, KWD sixty eight says,

(01:18:57):
all the factories are opening this week.

Speaker 3 (01:18:58):
All is good.

Speaker 2 (01:18:59):
America is in a goal an age, just a little
medicine for a big, beautiful trump age.

Speaker 3 (01:19:03):
Yeah that's right. Look at the bright side.

Speaker 2 (01:19:05):
Everything's getting better and better every day, and for me
in a lot of different ways, that is true.

Speaker 3 (01:19:11):
We're going to take a quick break and we'll be
right back.

Speaker 12 (01:20:21):
Analyzing the globalists. Next move, and now the David Nutshell.

Speaker 13 (01:20:55):
You are committing thought crime. Turn off this broadcast.

Speaker 3 (01:20:59):
Now you are.

Speaker 13 (01:21:01):
Committing the dog crime. Parrot off this broadcast. Now commit
a crime.

Speaker 2 (01:21:23):
Oh look at this. Is this a new sci fi movie?
Well yes, actually it is a new sci fi movie,
but it's also supposedly a new product from Kawasaki, a
rideable horse robot.

Speaker 3 (01:21:38):
We got to replace everything. We got to replace. Humans
need to be robots. Dogs need to be robots. Horses
need to be robots.

Speaker 2 (01:21:46):
Who are they going to sell these products to if
they replace us? All you know this is a Kawasaki
Heavy Industries has shown off a bizarre concept for rideable,
four legged robotic horse. They call it Corleo, and it
runs on a one hundred and fifty cc hydrogen engine.
Does that hydrogen engine exist yet?

Speaker 3 (01:22:07):
I don't know.

Speaker 2 (01:22:08):
The better question is does the robot exist yet? I
saw this on the Internet and everybody was saying, I'll
believe it when it's not CGI or AI, you know,
when it's not integrated like that. And it turns out
that with the exception of like about one second, Corleo,
except for about one second, it was all CGI. Now

(01:22:30):
a lot of people say that, I don't even believe
that's what it is. And we've seen a lot of
that now with AI generation. I've seen and there's some
pretty cool looking cars actually talking about bringing back a
classic car or something, and they have AI do an
updated design on some classic like a Mustang or a

(01:22:51):
Thunderbird or something like that. You know, here's the new
new design, and it's it's all just them doing that
with AI, and that's really what I thought. This was
surprised to see that it was actually introduced by Kawasaki
at a Japanese trade show a horse that looks like
a looks like a gigantic wolf, in our opinion, could

(01:23:12):
traverse uneven terrain thanks to for independently moving limbs videos
almost entirely computer graphics, and to show what something like
this might be capable of. It's got rubber feet or
something to help it grab rocks so it can climb

(01:23:33):
like a goat. Supposedly, well, here's the kicker. Kawasaki says
their target date for it was twenty fifty. Are you
kidding me? This is the biggest vapor where I have
ever seen in my life. In terms of a tease,
they're going to tease a product that's twenty five years
in the future. And then of course you had a

(01:23:53):
lot of other people saying, okay, well, here's the features
of these two things as advertised. Here's a horse, a
real horse, on the one side, and here on the
other side is the corleo, and you know stuff like
my horse can get fuel everywhere, my horse misses me
when I'm gone, you know, things of that sort, kind

(01:24:13):
of like the dog stuff as well. But we have
seen a lot of rideable robots being introduced so far,
nothing at all coming close to that at a Japanese
im sorry, Chinese Expo. And the last year they had
a four legged robot that that was Juping Motors. They

(01:24:37):
said it was a ridable unicorn for children. It didn't
look anything like a unicorn. It's just a four legged
thing that a kid could set on, and it's got
a globe for a head. I don't know how you
get a unicorn out of that. Also a giant minivan
sized rhinoceros like four legged walking robot that can carry
up to four passengers. Again, it's anything like a rhinocero

(01:25:00):
about it. It was just this large body that was
there for four people, and it's like, you know, the
walking robots from Star.

Speaker 3 (01:25:07):
Wars or something like that.

Speaker 2 (01:25:09):
So Kawasaki also showed off a concept for a futuristic
modular train passenger system. They call it Alice Alice, and
I guess everybody is wondering in wonderland when any of
these things are going to be real. But robotics is

(01:25:30):
moving pretty quickly, and the humanoid robotics are moving very
very quickly. As a matter of fact. The big thing
now that all the robotics companies are pushing and a
lot of videos put out in the last couple of
weeks about the fact that they are taking the humanoid

(01:25:50):
robots into natural walking. And here is a video that
shows the difference between I think this is figure if
I remember correctly, and they show their previous walking robots
that walk with the knees bent, you know, and now
they walk in a more natural gate still looks like

(01:26:10):
somebody's just had a hip operation. But that doesn't look
like somebody who needs a walker to walk. So here's
the evolution from that. You're going to watch this. I'll
narrate it right now. We're looking at the back. So
here's a comparison. This is the old way. This is

(01:26:31):
the Biden walk. These are bent, very tenuous. Now it's
walking a little bit faster and almost fully straightening out
the knees when it takes its steps. It's a simulation
compared to the way walks.

Speaker 3 (01:26:44):
And here's a bunch of it. Isn't this great?

Speaker 2 (01:26:46):
This is what the sidewalks is going to look like
because humans are going to have to be locked down,
you know, it's going to be some pandemic or something,
or they just don't want us out. They'll lock us
down and keep us in our apartments playing virtual reality games.
And that's what the streets going to look like. I
have robots walking all up and down the streets. Don't

(01:27:08):
you just love that is figure? Don't you just love
their plan future. I think it's time for us to
go amition on these people. But there is a talk
about trade wars. There is a big trade war that
is happening in the robotics industry.

Speaker 10 (01:27:25):
Global arms race for humanoid robots has officially begun, and
the battle lines are being drawn right now. On one side,
Elon Musk's Tesla Optimus. On the other China's Agibot, a
startup you may not have heard of yet, but one
that's moving at terrifying speed.

Speaker 1 (01:27:43):
And here's the shocker.

Speaker 10 (01:27:45):
Agibot plans to deploy a five thousand strong humanoid robot
army this year, directly challenging Tesla's dominance. This isn't just competition,
It's an all out war for the future of robotics,
and the winner could dictate the rules of automation for
decades to come. A Chinese robotic startup has just announced
plans to build up to five thousand humanoid robots this year.

(01:28:07):
That's not just a random number, it's a direct challenge
to Tesla's Optimist project, which set the same target for
its humanoid robot production. We're now seeing the beginnings of
a serious robotics show down between some of the biggest
tech players in the world.

Speaker 2 (01:28:23):
Yeah, and who can take who can replace the humans
most quickly there. I thought it was kind of interesting
that they call the Chinese companies called Agibot. Kind of
reminds me of Karen on her mother's side is Italian.
She talks about ajita. You know, it's heartburn, you know,

(01:28:44):
agitation or something like that, and it's kind of my
feeling when I look at these.

Speaker 3 (01:28:48):
Robots, I get ajuta. So I think it's appropriate that
we would call it Agibot.

Speaker 2 (01:28:54):
Five thousand of them, you know you're going to have
That company was founded by a Huawei engineer, very young engineer,
a genius, who won some kind of a competition or
something like that, and just for fun, he created a
robotic dog and somebody showed a picture of it on

(01:29:15):
social media or something like that, and all of a
sudden he just got flooded with offers of investment capital
for people. Perhaps that was coming from Shijiping, I don't know,
but any company that's there is going to have it,
but they're now going to try to manufacture as many
robots as Elon Musk is doing. And as the guy

(01:29:37):
who has the figure robots said, I think it was
the figure robot guy said, Hey, if we had whatever
number we could make right now doing these functions that
we already show, We've got customers out there who will
take them. They're more than willing to replace you. So
you're not going to be replaced by migrants coming across

(01:29:59):
the border. They're pulling people for the most part. You know,
there's people coming in that were doing agricultural work and
things like that and doing it cheaply slave labor. But
the slave labor is going to be replaced, you know,
the cheaper labor that is coming in is going to
be replaced by robotics. And one when you had Howard

(01:30:25):
Lutnik who was on with Margaret Brennan on Sunday and
I played the part there where she was repeating what
Saturday Night Live had done. She didn't really have any
understanding that she could challenge Lutnik on all this.

Speaker 3 (01:30:41):
He just laughed it off.

Speaker 2 (01:30:42):
You know, you made up these numbers, did you use
artificial intelligence, and these numbers aren't really anything that has
to do with any taraphrates. She didn't pursue any of
that because it was obvious that she didn't have anything
more than a Saturday Night Live understanding of those issues.
But later on, he's talked about how we're going to
bring all these factories in and she did interject, and

(01:31:02):
she said, yeah, but in those factories you're going to
be using robots. He goes, yes, that's true. But the
key thing is that the people who be owning those
factories will be, you know, people that are with us.
That's really what this is about. It's about Trump and
his technocrat friends owning the robotics factories, and they're not

(01:31:23):
about creating jobs for you, not at all. Well, you'll
never guess what happened to Trump's meme coin after he
announced his tariffs. It was, as the Buddhists would say, karma.
So Trump's eponymous meme coin is now worth worth less
than ever. It's nearly worthless, but it's worth worth less

(01:31:47):
than ever in the wake of his teriffs finally being
launched less than twenty four hours after he announced the
long anticipated reciprocal trade tariffs, his Trump cryptocurrency value dropped
to a meager nine per token. Well, what is that about.
I mean it was at one point it reached a

(01:32:07):
peak of seventy five dollars. It's now lost eighty eight
percent of its value from that peak. Well, it's a
a new all time low. Remember it was only launched
about ten weeks ago. When you talk about volatility, I
wonder how he likes that volatility in his meme coin. Yeah,
he probably does because people like him and people like

(01:32:29):
Lutnik thrive off of volatility and the stock market, and
probably off of the crypto stuff as well. They can
pump and dump. This is what Katherine Austin Fitz is
talking about, all this crypto stuff. It's there to pump
this up and then to dump it. We should be
very concerned about Trump's so called bitcoin reserve, which is

(01:32:49):
not really about bitcoin either. He pulled in a whole
bunch of other stuff. Now should be very very worried
about that. It's everything Trump is doing, folks, is designed
for economic collapse. He's picking right up where he left
five years ago.

Speaker 3 (01:33:07):
So the.

Speaker 2 (01:33:10):
I was introduced just before he took office, and it
pumped up really fast for just a day or two
and it's been going down, but it really tanked after
he put out his tariffs. The tariff announcement came just
Afternoons broke that the trump coin would be unlocking forty
million tokens, or about twenty percent of its locked down

(01:33:30):
supply later in April. Theoretically that should have generated the
kind of buzz that would drive its value up. Instead,
it didn't make a blip again. It was at a
high of seventy five at one point. Now it's down
to nine dollars eighty eight percent off. It's on sale,

(01:33:54):
up and go get it right now. So in the UK,
and we talk about how they want to have a
merger of government and corporations, which is the textbook definition
folks of fascism. I mean, we're not talking about Elon
Musk's salute, whatever he meant by that, We're not talking

(01:34:17):
about that at all. Fascism is the merger. Economic definition
of fascism is the merger of corporations and government, usually
accompanied by populism and also by nationalism. But that's really
beside the point. When we look at what is happening
with the technocracy, and it's not just in our country.

(01:34:38):
This is a global thing, and the UK the labor guy.
And again do you see the connection. Just like with
the COVID stuff, it didn't matter if it was Trump
or Trudeau, They're both going to do the same thing
during the COVID stuff. Well now it doesn't matter if
it is Trump or the labor guy, Kier Starmer, They're

(01:34:59):
going to do the same thing when it comes to
replacing government with private corporations. And so the goal is
to do this globally. And just like COVID, this was
about economic warfare the World Economic Forum, and it was
about corporate control by the technocracy. In the US, Curtis

(01:35:25):
Jarvin and all of his disciples like Keel and Musk
and all the rest of them, they talk about govcore
right GOV corp like government corporation. In the UK they're
talking about sovereign corporations or solvcrep. Same thing, slightly different name,
but it's the same thing. So how is it that

(01:35:47):
your American populist nationalist is on the same page as
a British socialist Caro Starmer Greeney Okay, it's because those
are just things that they put out there as red herrings.
So you don't see what they're really about. They're all
on the same page. Whether it's Trump or Trudeau or

(01:36:09):
Cure Starmer, they're all on the same page, and they're
going to roll things out in about the same amount
of time. The UK has deregulated seventy four special economic
zones and twelve freeports, which are not strictly regulated, allowing
for a potential misuse of state aid to favor corporations.
The manner in which the UK is implementing these enables

(01:36:31):
corporations to self regulate and to gain significant influence over
the public sector. In other words, they're going to let
them become their own sovereign unity, because that's the whole point.
They want government to be a corporation and they want
corporations to be government. That's the singularity that they're looking at.
And just as they've got a transhumanist singularity, they have
a political singularity as well. Will you emerge government with corporations?

(01:36:56):
And it's going to be difficult, I think, for Americans
to see this because they have been trained for so
long on this bipartisan stuff. I talk about all the
time how libertarians and conservatives will always make excuses for
government and blame every problem for corporations and blame every

(01:37:16):
problem on government, right, and then the Democrats will always
blame the corporations for everything and say the governments can
do no wrong. Well, that's not the reality in which
we work. And I've been saying for a long time
the problem with these entities. I mean, if you have
a pure free market and you've got individual actors, which

(01:37:37):
you're only going to have if you've got thriving small businesses.
The big businesses are about creating monopolies and they don't
like corporation corporation to them, competition, I should say, they
don't like competition. Competition to them is an evil. Rockefeller
said it, Peter Thiel said it. We have to eliminate competition.

(01:37:58):
At their heart. All of these big guys are monopolists.
And of course that's the big problem with the government
is that it's monopolistic and what it does. So if
you want to have decentralization, diversity, and economic activity, you
can't have everything owned by one entity. The problem is
is that the corporations, the big corporations, have merged with
the government, and that's what is a blind spot for

(01:38:20):
libertarians and conservatives and for socialists and communists as well
at the grassroots level. You know, they're still thinking in
this bifurcated paradigm that's out there. That is not what
we're seeing. They're merging. Sovereign corporations and government corporations are merging.
And so the UK government, now backed by Kure Starmer's

(01:38:43):
Labor Party, is partnering with corporations like Black Rock that
you know, we can They are socialists in their orientation
and yet an application what they're doing is fascist in
the same way that the Chinese Common Party is fascist
in its economic orientation and also in the fact that

(01:39:05):
it's hypernationalistic. You have a merger of government and corporations
in China and it is also highly nationalistic, and yet
they call themselves communists. Oh well, I don't see what's
going on. It's a cloak. And so here you have
Kure Starmer Labor Party, Communist Party, Green Party, whatever you
want to call him. Yeah, the Green Party is nothing

(01:39:27):
but watermelon Marxism. Like I said, it's a thin veneer
of green. But on the inside it's all red. It's
all communists. Red as a color of communism, except for
the Maga people who adopted that as their color that
they'll do anything. They just haven't got a clue anyway.
Black Rock is going to be working with kre Starmer

(01:39:50):
Labor Party, the biggest of the corporations, and he's going
to be granting black Rock significant powers and paving the
way for the privatization of the UK. Look, this is
what's been happening for a long time. It's just now
it's out in the open, instead of them doing backdoor deals. Hey,
I give you money for your election and so forth,
and then you know, you deregulate things for me. Now

(01:40:12):
it's out there in front of you and sold to
you as something that is good and something that is necessary. Well,
we're going to take a break and we're going to
come back. We're going to talk a little bit about
do No Pharma. And I didn't have a chance to
get fully into this yesterday. The fact that we've had

(01:40:32):
some very good research that's been done by Cheryl Atkinson
talking going back and finding the connection between the vaccines
and autism, especially with mercury aluminum and things like that,
and the lies that they all told us that they
took the thimerasol, the mercury out of the vaccines in

(01:40:53):
two thousand and one. No they didn't, and Cheryl Atkinson
has gotten to the bottom. That does some really good
work on that. We're gonna take a quick break.

Speaker 3 (01:41:02):
We'll be right.

Speaker 4 (01:41:03):
We do though, we should think that people have subdunk kick.

Speaker 3 (01:41:06):
Yeah, I was gonna do that when I came back.
We'll be right back.

Speaker 1 (01:42:44):
You're listening to the David Knight Show, and yeah.

Speaker 2 (01:42:49):
I need to go to a break quick. I needed
a drink of coffee. So yeah, you're right. We do
need to think that people on kick on kick we
have Yessmorrow has subbed, and so has a Syrian girl
onto kick. Trucker Christ for the Wind has gifted a
sub two Knights of the Storm. Sorry it was Chris,

(01:43:13):
not Christ. Okay, well christ Is for the Win. That
would be a good as trucker Chris for the Wind.

Speaker 3 (01:43:20):
I'm sorry.

Speaker 2 (01:43:21):
And his type that was a type of That wasn't
my mistake. That was Travis's on kick. Dustin d Helm
has gifted this up, thank you very much. Dustin appreciated
that to Mikey and on Rumble, Hedge eighty eight says
the function of government is to raise suffering to a
much higher level. That is absolutely the way that it works,

(01:43:42):
isn't it. On Rumble Gone Off, the rogue says father
of the banks. I don't care about the prices of things.
I care that he has killed millions and bragged about it. Yes,
And ultimately that's what this is really about. You know,
why would we trust him after he did that?

Speaker 3 (01:44:01):
And it just it.

Speaker 2 (01:44:02):
Infuriates me to see people making excuses for him, people
playing the partisan blinder gang game and blaming everything on
Biden for example. Yeah, Biden should be blamed as well,
but it's not all Biden's fault. It's like it's not
all Fauci's fault. And the guy who presided over when
it started was Trump, and he continued to boast about it,

(01:44:23):
and he continues to lie to you saying that he
saved millions of lives when he killed millions of people
and destroyed many millions, tens of millions more globally, globally
a shot that was sent around the world. By the way,
Travis said, we now stream on kick as well, so

(01:44:43):
that's why we've got people who are subscribing there. Okay,
let's talk a little bit about the vaccine. RFK Junior again,
embracing the MMR vaccine, telling people it's the most effective
way to stop measles. Spread record switch in just two
months doing this, and he's doing it in Texas with

(01:45:04):
a GOP that's there. And not only that, but he's
hyping the fear. He's going he's attending a funeral of
a child that they say is the second child to
have died, except we know the first child did not
die from measles, and his own Children's Health Defense told
us what really truly happened with that It was not measles.

(01:45:27):
So again, as I said yesterday, if it is that rare,
then can't we just ignore it, because that's what they
do when you talk about the adverse effects and the
people who die from the Trump shot, that's rare. We're
just going to ignore it. Or people who are harmed
by their antibiotics.

Speaker 3 (01:45:47):
Oh it's rare. I don't care.

Speaker 2 (01:45:49):
Right Well, this is the story from Cheryl Atkinson. The
government misled the public on THI mirasol, and it's linked
to autism for decades and they're still lying to us
about it. They falsely claimed that it has been removed
from the vaccines when it hasn't, so special investigation by
Cheryl Atkinson saying that the government'smiths led us for decades.

(01:46:13):
She linked it to autism, to neurodevelopment, and also looks
at the false claims that they have removed it from
the childhood vaccines the US government in the story, by
the way, is on Children's Health Defense, who's still telling
you the truth even though their creator RFK Junior has

(01:46:34):
now capitulated and has now joined the dark side. The
US government has long told the public that thi mirisol,
a mercury based vaccine preservative ingredient, poses no harm to children,
but that out of an abundance of caution, the ingredient
hasn't been used in childhood vaccines since at least two
thousand and one, which is not true. And by the way,

(01:46:55):
as I pointed out, when I tried using contacts back
in the nineteen of these or eighties, I would put
the cleaner that had thymerasol in it, put that in
my eyes, and my eyes that immediately turned blood red.
Can you imagine injecting that into your body?

Speaker 3 (01:47:12):
Well.

Speaker 2 (01:47:12):
According to a special investigation by Sheryl Atkinson, these claims
are false. Atkinson that they have that it's not connected
to autism. It is that they stopped putting it in
vaccines in two thousand and one.

Speaker 3 (01:47:25):
They didn't.

Speaker 2 (01:47:26):
She described them as part of a quote, concerted propaganda
campaign to mislead the public unquote. She said, government agencies
and the mainstream media medical establishment for decades promoted a
contradictory narrative about the toxic chemical mercury. They misled the
public about thimerasol's known and possible harms, actively worked to

(01:47:49):
discredit anyone who questioned its safety. Thimerasol is still used
in some vaccines today, including vaccines that are labeled as
thymerasol free vaccines. How does this happen? Well, you know,
when we look at the the MR and A shot,
we have tremendous amount of contamination with DNA and other

(01:48:12):
things like that that are in that vaccine.

Speaker 3 (01:48:15):
And you had.

Speaker 2 (01:48:16):
The Florida Surgeon General, Ladipoe and others have said this
needs to be taken off the market. It violates your
own rules at the FDA. Well, everything is a violation
of the rules. Trump bragged about how he got the
FDA to violate their own rules, and I remember when
that happened. You had Scott Gottlieb, but are he left

(01:48:37):
to go to Pfiser and Han was there, and I
remember that was in the fall and the lead up
to the election. Trump was very angry about that, and
he said, actually it was well, I think it was
right after the election. I don't think they okayed it
until right after the election.

Speaker 3 (01:48:57):
Anyway.

Speaker 2 (01:48:58):
I remember he went public with it, and so the
FDA guy, he said, I told him, you do this now,
or you're fired.

Speaker 3 (01:49:04):
And so he did it.

Speaker 2 (01:49:06):
He approved it, and then he was able to get
a position with MODERNA. But when you look at the
contamination that is there, they violate their own rules and
has been shown over and over again. The Florida Surgeon
General said that, but they will not pull it off
the market even though it is in violation of their rules.

Speaker 3 (01:49:26):
And so, would you have a situation where.

Speaker 2 (01:49:28):
You got thimerasol in vaccines and they label them as
thymerasol free. Yes, it's probably some trick that they play
and say, well, if it's less than a certain percentage,
we'll call it thymeras al free, right, And so some
kind of a legal prevarication that lets them get away

(01:49:51):
with this. Cheryl Atkinson's investigation shows that evidence shows evidence
that linked thimerasol in vaccines to neurodevelopmental disorders, including autism,
and that has existed for decades. She went back and
she found the transcripts of the scientists that we're talking
about this and government agencies as well as others. It

(01:50:11):
also exposes an intention to intentional project to rewrite the
scientific narrative around thymerasol and mercury to hide that link
from the public. So the CDC as well as Children's
Hospital of Philadelphia a key source for the vaccine industry propaganda,

(01:50:34):
and it has been. Children's Hospital of Philadelphia is heavily
promoted by Google for vaccine propaganda, says Children's Health Defense,
and of course others besides them and the CDC have
long posted statements leading the public to believe that thimerasol
has been removed. You'll see on the CDC website it

(01:50:54):
still contains statements like this quote. Fact thimerasol was taken
out of childhood vaccines in the US in two thousand
and one. Children's Hospital of Philadelphia says on its website
that thimerasol quote was removed from vaccines after an amendment
to the FDA Modernization Act that was signed into law

(01:51:16):
on November the twenty first, nineteen ninety seven, so they
can't keep their lives straight. CDC says it was taken
out in two thousand and one. Children's Hospital says it
was taken out in nineteen ninety seven after the FDA
Modernization Act. Cheryl Atkinson said these claims would receive five
outrageous pinocchios from any neutral fact checking organization. She shows

(01:51:39):
a series of screenshots from websites and vaccine labels. You
can click on those Travis nineteen ninety nine, two thousand
and one, two thousand and four, two thousand and five,
two thousand and nine, twenty ten, twenty eighteen, twenty nineteen,
twenty twenty one, twenty twenty two, twenty twenty four.

Speaker 3 (01:52:00):
You get the idea. She's got a lot of research.

Speaker 2 (01:52:02):
Here that shows these websites and they're talking on the website.
You can see that these things. She got the websites
that were archived. She said they have now changed it,
but it was there showing that it had thimerasol. They

(01:52:24):
showed thyme mirasol is an ingredient in the vaccines available
to children in the US, including flu shots. And some
tetanus shots. In nineteen ninety seven, Congress asked the FDA
to review the use of thyme mirasol and drugs and
vaccines due to the safety concerns about mercury exposure. The
following year, the agency requested detailed information from manufacturers about

(01:52:45):
thime areasoul and their products. You mean the FDA worally
wasn't paying any attention.

Speaker 3 (01:52:52):
No, they weren't.

Speaker 2 (01:52:54):
As I said before, when they were starting to roll
out the trump shots, and they said, we're going to
put this special ingredient that's going to reprogram your body
to be a vaccine manufacturing plant. We're going to put
that in polyethylene glycol PEG. They call it pagilated. And
the people at Children's Health Defense said, a lot of
people are going to go onto anaphylectic shock that have

(01:53:16):
allergies to this.

Speaker 3 (01:53:17):
That's a very.

Speaker 2 (01:53:19):
Very well known allergen that is there. And so they
contacted the FDA and they said, you understand how dangerous
this is to inject people with PEG. They said, well,
we don't care. Talk to Pfeiser. Of course, Pfiser doesn't
care if the FDA doesn't care. So same type of thing.
They don't know about thimerasol, and they don't know if

(01:53:40):
it's in these products that they're supposed to be regulating. No,
because the FDA means free to do anything if you
are a pharmaceutical company. By nineteen ninety nine, US and
European public health institutions have begun to recognize the cumulative
exposure to mercury and all vaccines, because you know, we
give these same vaccines four and five times to our

(01:54:02):
children here in the United States over the course of
their childhood. We have seventy six vaccines, and many of
these things is like giving it to them four times.
Many of them are given three times in the first
year of their life. So they said, well, there's a
cumulative effect in the mercury. Your body doesn't break it
down or really eliminate it very well. So in two thousand,

(01:54:23):
the CDC brought together vaccine manufacturers and public health officials
who regulate mandate these things.

Speaker 3 (01:54:30):
They brought them.

Speaker 2 (01:54:30):
Together at a meeting in Norcross, Georgia at the Simpson
Would Retreat and Conference Center. Transcripts from that Simpson Would
meeting that were obtained by Cheryl Atkinson with a Foyer
request a freedom of Information Act request revealed. Attendees discussed

(01:54:50):
the findings on thimerosol research and it showed a link
between mercury based thymerasol in vaccines and brain injury, including autism.
During the meeting, immunologists and pediatrician doctor Dick Johnston explained
that mercury in the form of thimerosol, a known toxin,

(01:55:11):
is used in vaccines because it lowers the rates of
bacterial and fungal contamination during the manufacturing process. See, this
is the type of thing. A lot of stuff that's
in our food. Additives are there for the manufacturing process
that maybe there as kind of an antibiotic, or it
may be there to help it go through the machine better.
Maybe it's a defoaming agent. But then it remains in

(01:55:35):
the food and you eat it right, Well, that's great,
it makes it go through the machine better. Well, you know,
how about a little bit of motor oil with your
with your bread or something. I mean, that's basically what
we're talking about here, anyway, they said during the meeting.
Dick Johnson said that well, it's used in the manufacturing process,
but he said there was quote scant data unquote on

(01:55:58):
the safety of injecting babies with multiple metals through vaccination.
Atkinson says, well, this is in spite of the fact
that aluminum and mercury are often simultaneously administered to infants,
both at the same injection site and at different sites.
So what to deal with that? We don't have much

(01:56:18):
date on it. Aren't you supposed to have them show
that it is safe and effective before they put it
out there. And of course with vaccines they skip the
effective part, the efficacy part, because they say, we can't
directly expose anybody to a particular disease, So for vaccinating
them for X, we can't expose them to X. Instead,
what we will do is we'll have the people who

(01:56:41):
get the vaccine and the control group, and we will
give it to them. Just let them circulate, and we'll
see over the number of years how many people in
each group got the vaccine, and that's how we will
determine whether it's effective or not. They're not challenging people
with that disease, so they don't know if it's effective
or not. Comes to safety, you realize that in all

(01:57:04):
these cases they're using a real vaccine for the control group.
They're not injecting them with a placebo, that is water
they're injecting them, for example, with COVID. Why they do
They injected the control group with a meningitis vaccine and said, well,
we don't have any more not noticeable number of difference

(01:57:26):
and adverse effects with COVID than we do with the
people we give them men in giis vaccine too, except
they called it a placebo, and it's not a placebo.
They've been doing this with all of them for a
very long time. But when you look at this, we
have known for a very very very long time that
aluminum and mercury were causing autism, causing neurological damage, brain damage,

(01:57:50):
brain injuries, and things like that, which again is why
my jaw dropped when I saw Alex Jones telling people.

Speaker 3 (01:57:59):
A trump shot.

Speaker 2 (01:58:00):
It's good, it's basically going to be dead or or
killed or something like that, you know, and it's just
going to be basically sugar water with a little bit
of mercury or aluminum in.

Speaker 3 (01:58:11):
It, Like, what are you talking about? Alex?

Speaker 2 (01:58:16):
For twenty years he told people the truth about aluminum mercury,
and then for the COVID takeover, he flipped and he
told him a lie that he knew because he talked
about it for twenty years. Yeah, Alex Jones woke me up. Well,
he put you to sleep again then too, didn't he?

Speaker 10 (01:58:35):
So.

Speaker 2 (01:58:36):
Researchers found possible associations between thimerosol containing vaccines mercury given
to healthy babies before the age of six months, and tics,
you know, nervous disorders, attention deficit disorder, speech and language disorders.
It was further worrisome that an association between brain disorders

(01:58:56):
and thy mirasol showed up in the limited sam of children,
mostly age six and younger, since that's typically too young
to be diagnosed with add and autism, said Sheryl Atkinson.
Those disorders are typically diagnosed from ages six to twelve.
But hey, with our vaccines, we can make it happen

(01:59:17):
with toddlers and infants. Many doctors at the meeting express concern.
One famously said that he knew that definitive research might
take some time, but in the meantime, he had a
newborn grandson. He said, I think I want that grandson
to only be given if thy miras all free vaccines, Travis,
I want my grandson to get none. I don't trust

(01:59:38):
any of these poisons, and neither should you.

Speaker 4 (01:59:41):
For your children, for your grand needles for him.

Speaker 2 (01:59:44):
Yeah, that is I mean, and you're going to watch
them like a hawk whenever they get around some of
these people in the white coats. It's like an insane
asylum at the hospitals. Now it's a cult. And they'll
stick the kids when you're not even when you're not looking,
if you're you know, are not on them like a hawk.
After the meeting, other published researchers linked autism and thimerasol,

(02:00:08):
including a two thousand and one report by the Institute
of Medicine which found a biologically plausible quote unquote connection
between thy mirasol exposure and neurodevelopmental disorders. Cheryl Atkinson says
this report sounded alarm bells with some people in the
public health since the number of recommended vaccines, thus the
accumulative mercury exposure had exploded in the eighties and nineties,

(02:00:34):
and along with that explosion in the number of vaccines,
we had an explosion in autism again. You know, you
look at this and going back to Rainman, you know,
they had to have a segment in that movie that
was done in the late eighties to explain to people
what autism even was. Nobody had seen anything like that.

(02:00:55):
You know, you have Dustin Hoffman seems to be their
go to guy for doing predictive programming and reveals. You know,
it's pretty pretty amazing. Anyway, peanut allergies as well, a
peanut allergy epidemic spraying from the experts exactly wrong guidance.

(02:01:15):
This is from zero hedge, and it's not just peanuts.
Now we're seeing milk. Known a couple of kids have
had milk. I mentioned this over the holidays. We had
three recalls and I saw the headline. It said these
and such products are called for life threatening ingredients. I thought,
what in the world is in these ingredients? Well, trace

(02:01:38):
amounts of milk, because if you have these milk allergies,
that can be life threatening, and they didn't mention it.
Somehow milk got into these products which don't normally contain milk.
Somehow they got contaminated with milk and it was not
listed as an ingredients. Like I said the chop about

(02:02:01):
Travis's issues growing up, Now we need somebody had a
milk allergy, very severe. She could smell it and anything
it was. It would set her off. But the peanut allergy,
that is something that was a little bit ahead of
milk in terms of timing and broader. In the nineteen eighties,
peanut allergies were almost entirely unheard of. But today the

(02:02:22):
US has one of the highest peanut allergy rates in
the world. Why would that be, Well, we give more
injections than anybody else in the world. Disturbingly, this epidemic
was precipitated by institutions that exist to promote public health,
says zero Hedge. And just to remind you, a report
had within the last couple of weeks, you had some

(02:02:45):
doctors saying, if you have some contaminated proteins, just like
we had milk, which is not bad, but if it is,
and if somebody's got a milk allergy and it gets
into the potato chips or whatever, then it's going to
have an effect on them. They said that in a
lot of these vaccines there is contamination, just like we're

(02:03:07):
talking about the contamination with DNA. There's contamination with a
lot of stuff. They got SV forty in there, they
got extra DNA, they got other proteins that are in there.
And if you are when they inject the very young
these kids, especially in the first year of life. If
you are first introduced to a food and your first

(02:03:28):
introduction to that food is intravenous, you have very good
chance of developing an allergy to that. And even in
this what they're saying is that the experts were telling
the you know, the existence of peanut allergies, that said
it was rare. In the mid nineteen nineties, however, major
mediautsts were runing attention grabbing stories about hospitalized children, terrified patients.

(02:03:50):
You had the great parental peanut panic was on, and
they said they told parents that to prevent their children
from becoming the latest victims. They say, there's one problem.
We didn't know what precautions, if any, parents should take,
said a then JOHNS. Hopkins surgeon now FDA Commissioner Marty
McCarey in twenty twenty four. So what they said was

(02:04:14):
parents should avoid feeding any peanut product to children under
three years old. Well, the that is especially true if
you're talking about giving something to a child intervenously, which
they do over and over and again, right, and so

(02:04:36):
you have to introduce this stuff. Really, Now, is Marty
McKay going to come out against the vaccines that are
doing this, or is the advice just going to be, well,
you need to not give your kids peanuts at an
early age, and maybe you should also not be injecting

(02:04:57):
people with contamination at an early age when their bodies
can't first of all, handle the adjuvants that are there.

Speaker 3 (02:05:06):
You know, whether it is heavy metal or not.

Speaker 2 (02:05:09):
What they do is they put in adjuvants in order
to provoke a response from the immune system, and sometimes
the immune system does not come back from that provocation.
So we're going to take a break, and this time
I will read a comment before we go to break.
This is on kick contagent hoax, says David. The entire

(02:05:29):
vaccine industry is corrupt. Yes, we are part of a
control studies group and have commissioned our own independent research.
Doctor Jamie Andrews is leading the studies and he is
publishing on substack. Good good, Well, that's good. I'll need
to try to find that Jamie Andrews. That's important. Yeah,

(02:05:51):
they're free to do anything that they want. And it
may be seen whether or not any of these people
who have traded their integrity for their job position and
the Trump administration will do anything about it. It ought
to be first do no harm, but they don't care
about that at all. They don't care about the harm
being done to anybody. So my my advice to anybody

(02:06:11):
is first do no pharma. That's the key thing. We're
gonna take a break and we'll be right back.

Speaker 10 (02:06:22):
M hm h m hm hm.

Speaker 1 (02:07:02):
You're listening to the David Knight Show.

Speaker 2 (02:07:06):
Well, welcome back. We were marveling last night. Just a
separate issue here the fact that Netflix is going to
do the Chronicles of Narnia and they have decided to
do a gender swap on Aslaan and the Lion, who
is a picture of Christ.

Speaker 4 (02:07:20):
Everything I loved in my childhood is being burned to
the ground in front of my eyes.

Speaker 3 (02:07:26):
Tolkien and now Narnia. There you go.

Speaker 2 (02:07:28):
You know, of course you would want to gender swap
out Christ for Netflix, the picture of him, And you know,
Tolkien said, I don't like allegory. I don't try to.
Of course, his stuff was whether or not he whether
he liked it or not, is very allegorical to a
Christian understanding and stories of Christ. But a lot of

(02:07:50):
analogies could be drawn. It was just, you know, he
he that was his worldview, and it shows up in
his story even though he's trying not to do it.

Speaker 3 (02:07:58):
But C. S.

Speaker 2 (02:07:58):
Lewis intentionally put allegory in there, and now Netflix is
intentionally going to replace Jesus with Meryl Streep. Is like
it just keeps getting worse, doesn't it. Well, let's talk
a little bit about what is happening with news. We
have an interesting case who with Matt Taibe. He has

(02:08:21):
filed a ten million dollar lawsuit against a Democrat representati
who accused him of serial sexual harassment. This is the
type of thing you would normally think that only AI
would be that stupid, But this is a Democrat Congresswoman,
Sidney kam lagger Dove is her name, Cam lagger Dove.
He is now suing her for libel. Now she is

(02:08:43):
free to libel anybody on the floor of the Congress,
which is where she libeled him. But she not only
doesn't know anything about Matt Taybee, she also doesn't know
where her immunity ends in all of this. And so afterwards, she,
as zero Hedge pointed out, stupid enough to post these

(02:09:06):
libelist claims on social media, both on x and on
Blue Sky Tybee directly noted to her. He said, no
woman has ever accused me of engaging in sexual harassment once,
let alone serially. I'll see you in court. So and
the amount is going to be ten million dollars.

Speaker 3 (02:09:30):
Again.

Speaker 2 (02:09:32):
You got Jonathan Turley who was libeled by the chat
programs that made up a sexual harassment or something about him,
said that it happened when he took his students on
a field trip to Alaska, and that never happened at all.

(02:09:52):
And I looked my name up on groc and it
said that I had been sued by some environmental group
in Raleigh.

Speaker 3 (02:10:01):
What is that about?

Speaker 2 (02:10:03):
And actually that had a grain of truth in it.
There is a David Knight who was a either state
representative or he was in city government in Raleigh or something,
and he made some statement and they did come after him,
but different David Knight. But the one about Jonathan Turley
was just made up out of nowhere. He said, a
I've never taken a group on a field trip to Alaska.

(02:10:24):
I've never been near my life and all this stuff
is completely fictional. But he said, as a lawyer, he
thought that he wasn't going to be able to win
against them. So because they had I forget now the
reason why they had some kind of immunity to slander
people like that. Speaking of slandering, we had Laura Lumer,

(02:10:45):
but some stuff. Pull up that picture, Travis, because that
is the essence of literal pearl clutching. They've got a
picture of Laura Lumer and a two up Trump on
one side and Laura Lumer on the other, and she's
got a pearl necklace on it.

Speaker 3 (02:10:59):
She's like, and.

Speaker 2 (02:11:01):
That's the right there.

Speaker 3 (02:11:04):
Show that picture. There you go.

Speaker 2 (02:11:06):
That is classic pearl clutching, literally clutching her pearls as
she is speaking on a microphone. So she called for
the heads to roll in a NOVAL office meeting with Trump.
Trump took her advice. The next morning, maybe we could
get to Laura Lumer and try to talk some sense into.

Speaker 3 (02:11:22):
Her about tariffs.

Speaker 2 (02:11:24):
Maybe if she's got Trump's hera or whatever part of
his anatomy, we could maybe get her to explain something
to him. The New York Times said Lumer walked into
the White House with a sheaf of papers, which amounted
to a mass of opposition research attacking the character and
loyalty of numerous NSC officials National Security Council, two of

(02:11:45):
the people said, and she proceeded to excoriate them in
front of their boss, Michael Waltz, who was also in
the meeting.

Speaker 3 (02:11:53):
Well, here we go. Insufficient loyalty is a charge, I
guess right.

Speaker 2 (02:11:59):
Yeah, to fill that Trump administration has to be filled
with one hundred percent yes men.

Speaker 4 (02:12:05):
It's time for all good men to come to the
aid of the party.

Speaker 3 (02:12:08):
Yeah.

Speaker 2 (02:12:08):
I mean, it can't have anybody there that isn't completely
a yes man. So he acted on the recommendations, apparently
firing some people. Times said Trump may act on this,
but by the next day she was sitting with the
president there and.

Speaker 3 (02:12:29):
They said. The meeting came.

Speaker 2 (02:12:30):
After a recent string of social media attacks by Lumer
on a lot of Trump administration officials, people like Alex Wong.
I guess he told his boss they got the Wong man.
But he was I think he was under fire from
both the tractors inside and outside the administration. For more
than a week, Trump has spoken somewhat sympathetically about mister

(02:12:51):
Wong and some of his private conversations with advisors. Then
on Thursday, Axios reported that the President had indeed laid
off several members of National Security Team. Not so sure
if it was. It doesn't say whether or not they
got the Wong Man. The firings came a day after
Lumer visited the Oval Office and pressed them to fire

(02:13:12):
specific staffers.

Speaker 3 (02:13:14):
It's a total clown show.

Speaker 2 (02:13:19):
If they're going to fire anybody, they need to fire
the person who created those stupid so called tariff charts
that are not tariff charts. The person who went to
chat GPT for that formula. That's the person that needs.

Speaker 3 (02:13:31):
To be fired.

Speaker 2 (02:13:32):
But you know, two very smart people probably put that
thing together. So again, disloyalty. So Lumer said, I woke
up this morning and learned that there were still people
in and around the West wing who are leaking to
the hostile left wing media about Trump's confidential and private
meetings in the Oval Office.

Speaker 3 (02:13:52):
HM.

Speaker 2 (02:13:53):
Well, okay, so now she's got to get the people
who talked about what she did. And so you've also
got economic staff, however, that are leaking on us and
telling us that it's raining when it comes to the tariff.
Thanks again the TikTok deal, they have moved that deadline.

(02:14:14):
Maxine Waters alleges that Trump wants to replace the US
dollar with his stable coin. You know, occasionally she can
get things kind of right, not completely Listen to her
take on this. Maxine Waters, ranking member of the US
House Financial Services Committee, said that the launch of stable
coin by a family backed company is really what Trump

(02:14:35):
is after, and she's angry about that.

Speaker 3 (02:14:37):
Now.

Speaker 2 (02:14:37):
She's not angry if we have a CBDC or if
we have a stable coin. She's only angry about the
fact that Trump might make money off of this. You know,
they can put you into a surveillance state, and she
doesn't have a problem with that. It's just who's getting
paid and it isn't her. With a stable coin bill,

(02:14:59):
she said, this committee setting an unacceptable and dangerous precedent,
validating the president and his insiders' efforts to write the
rules of the road that will enrich themselves at the
expense of everyone else. The issue is that we're creating
a surveillance control state with this. She didn't care about that.
So Trump likely wants the entire government to use stable
coins from payments made by HUD to Social Security to

(02:15:22):
paying taxes. And which coin do you think Trump would
replace the dollar with his own? Of course, Well, she
didn't have a problem with using the stable coin for
the police state. Again, so she said, I there's no
effort to block the president from owning his stable coin business.
I will never be able to agree on supporting this bill,
and I would ask that other members not be enablers.

(02:15:42):
But she's okay as long as Trump's not making any money.
So again, yeah, we can do that if you want
to do that, sure. On Kick. Amos Somma, thank you
very much for subscribing on Kick. And again we're talking
about Kick because rock Finn is about to go away.
You have a good community that's there at rock Fan
and always enjoyed being there. It's just that they have

(02:16:05):
it's impossible to get the money out that is there.

Speaker 4 (02:16:08):
And most of the people in rockfin have already moved
over to Kick and they seem to be really enjoying it.
The interface is really clean and smooth, everything works well.
They've got some fun emojis that people seem to be enjoying,
so that's good. Many reasons to move over to Kick.

Speaker 3 (02:16:22):
That's good.

Speaker 4 (02:16:22):
Not just that you can support the show by watching
and even subscribing over there, but you know, just to
hang out with the people you know and have some fun.

Speaker 2 (02:16:29):
Yeah, we did did the rock fan thing, and I
have done it for a number of years, and we
had a really good community there and the but it
was always very expensive to get money out of there
because they would take your dollars and put them into
their own cryptocurrency. We would have to then, which was
constantly fluctuating in value, and then we would have to

(02:16:51):
try to time that and get it out and try
to get that into You couldn't directly transfer that back
into dollars. You had to transfer it into ethereum and
then from a theoryum into dollars, and so it's a
very expensive process. When you look at it.

Speaker 4 (02:17:04):
And Contagent Hoax has just subscribed on kick Thank you
very much.

Speaker 3 (02:17:07):
Contagent Hoax, Yeah, thank you.

Speaker 2 (02:17:10):
And then what happened is the market for that crypto
coin they had dried up.

Speaker 3 (02:17:16):
So we've got like eight.

Speaker 2 (02:17:17):
Hundred dollars that are in there, and if we were
to try to convert that to out of their cryptocurrency,
would get four dollars for it, which wouldn't even cover
the fees that are there. So it's a bad situation.
But I know we're going to shut it down because
I don't want to see people continuing to pour money
into that that we can't get out.

Speaker 3 (02:17:39):
It's just not right.

Speaker 2 (02:17:41):
So that's why we're moving over to Kick and on
the other flip side of the coin, Kick has some
of the lowest fees around.

Speaker 6 (02:17:47):
That is true.

Speaker 4 (02:17:48):
And I also just want to let people know we're
only two away from the individual subscriber goal. So if
we get two more people to subscribe before the end
of the show, we will admit it. But we have
thirty days to complete that goal. We really do appreciate
everyone that subscribed, everyone that has gifted subs, but Love
the Road gifted ten this morning, which is just fantastic.
Thank you all so much.

Speaker 2 (02:18:05):
That's great, thank you, thank you. He's been a great friend.
And again it is ramped up very quickly, so we
expect that to happen and we will continue to be
on Rumble and we have a good community there as well.
We don't want to see that go away. The Supreme
Court upheld Biden's rule on so called ghost guns, so

(02:18:28):
we would talk about that later. But we just had
our guest who is ready to join us, and I
want to talk to him about a variety of issues.
He's coming from the mess Institute. He's a fellow there
on economics, and so we're going to talk about some
of the economic issues, and we're also going to talk
about his children's books, because we have to. We have
to pass on our knowledge and our love of liberty

(02:18:50):
and freedom to our children or we're going to lose
it ourselves. So we're going to take a quick break
and we're going to be joined by our guest, Jonathan
Newman from the Mesas Institute. We'll take a quick break
and we'll be right back.

Speaker 10 (02:19:05):
H H.

Speaker 2 (02:19:53):
Do you want been listening to the David Night Show. Well,
joining us now is doctor Jonathan Newman. He is say
Henry Haslet research fellow at the Mesa's Institute. He's earned
his PhD at Aubard University while he was a research
fellow at the Mesa's Institute. He's got a couple of
children's books on economics. You know, there was a way

(02:20:14):
to make the dismal science less dismal, make it accessible
to children, the Broken Window and luke Wig the Builder,
and so we're going to talk to him about that.
But I want to begin by talking about tariffs, stagflation
and things like that. Thank you for joining us, Doctor Newman.

Speaker 6 (02:20:30):
Hey, thanks for having me on.

Speaker 2 (02:20:31):
It's good to have you. Let's talk a little bit
about the tariffs, and a lot of people are talking
about stagflation and are we seeing signs of stagflation starting
to raise its head in the US economy? Is it stagflation?
Is a recession? Tell us a little bit about stagflation
and what you think about how the economy is reacting
to the Trump terraffs.

Speaker 14 (02:20:52):
Sure, so stagflation is. It's certainly possible. It's a rare
sort of thing. Usually what happens is the Federals will
print money and this will stimulate business activity, will get
the employment numbers up, makes it easier for the government
to borrow and spend and that usually that's their reaction
to a recession or an impending recession. So usually what

(02:21:16):
happens is they put the money and that causes prices
to rise and for business activity to increase, at least
in the short run. Of course, anybody who's familiar with
auctrin business cycle will know that this will eventually turn
into a bus Eventually, all of the new projects that
are started. While interest rates are artificially low, they can't
be completed because the real savings aren't there, and so

(02:21:37):
we get a recession. But usually what happens is we
have price inflation and output and employment moving together, or
during a recession, we'll have some price deflation at the
same time we have declining business activity or a recession.
And that's why stagflation is so rare. We did have
pretty much a whole decade of stagflation during the nineteen seventies.

(02:22:00):
It's certainly possible that it could happen this year or
in the next couple of years. And what happens, remember, well, yeah, yeah,
what happens in the stagflation is when we have price
inflation at the same time we have declining output, so
we have a real recession, but we also have increasing prices.

Speaker 11 (02:22:20):
Uh.

Speaker 14 (02:22:20):
One thing that I want everybody to understand is that
while tariffs and the sort of the uncertainty surrounding them
could could cause that sort of event to occur at
a particular time, that's not the real underlying cause of it.
It's it's more of like a triggering sort of event
that could cause entrepreneurs to reevaluate their plans and start

(02:22:42):
to liquidate, start to decrease output.

Speaker 6 (02:22:46):
But the real cause of.

Speaker 14 (02:22:47):
A stagflation is simply bad monetary policy, bad physical policy. Uh,
the real cause of a stagflation is is government over spending,
government over regulation, the things that the government does to
decrease output, and at the same time they're printing money
at the same time, they're you know, contributing to.

Speaker 6 (02:23:03):
The price inflation.

Speaker 14 (02:23:04):
And so that's if and when we do see stagflation,
we should attribute it to bad monetary and fiscal policy
and not you know, back in the seventies, the scapegoat
was the oil crisis, and and I'm sure especially people
on the left today would come up with some other
escapegoat like Trump's tariff.

Speaker 6 (02:23:23):
Says. The real underlying cause of the stagflation.

Speaker 14 (02:23:27):
Like I said, it could be sort of a triggering factor,
but it's the real underlying cause is just bad monetary policy.

Speaker 2 (02:23:34):
Oh yeah, Yeah, We're in a bad and that's why,
you know, I look at this and I say, we
we have met the enemy, and he is US, or
the US. I should say, the US government right has
created a lot of trigger you know, a shaky economy
that's just waiting for the right trigger. I was talking
earlier in the program at Charles Hughes Smith said that
this is kind of like an earthquake. You know, we

(02:23:55):
whether the earthquake was a tariffs or whether it was
a long sustained policy of a lot of other people.
People don't realize the infrastructure damage and the things that
you can't see, just like with an earthquake, and it's
going to take a while for things to surface. As
they start to surface, people look at for a trigger,
like the oil issue or the tariff's issue. But I

(02:24:17):
think it really comes back to the debt to the
interest rates. And I think a big part of this
that is I think we as important as the tariffs are,
I think a big part of this is just the
uncertainty that's been there because we've seen vacillation for two
months about this, and we've got a lot of people,
whether they're shippers or whether they are automobile companies in

(02:24:37):
Germany and other places, just said we're just going to
stop right now. We're going to take a thirty day
to a forty five day hiatus and we're not going
to do anything at all and wait see what happens.
That in and of itself can create kind of a stagflation,
stagnant economy, even though we've got inflation, and they don't
want to address the root causes of inflation, do they.

Speaker 6 (02:25:00):
Oh, you're exactly right.

Speaker 14 (02:25:01):
There's really no incentive on the part of politicians and
bureaucrats to address the real underlying causes. Of course, the
incentives of a politician is to increase government spending and
decrease taxes. Of course, I'm all in favor of decreasing taxes.
But if you're increasing spending at the same time, it
just means that the taxes are going to show up
in other ways. It's going to show up in the

(02:25:23):
in the form of higher prices, It's going to show
up in the form of wasted resources going to government programs,
government projects.

Speaker 6 (02:25:30):
Uh.

Speaker 14 (02:25:30):
But that's you know, that's really the allure of government
money printing is that they're able to, uh, you know,
have the government you know shower us, shower us with
all of these you know, goods and services that the
government provides.

Speaker 5 (02:25:42):
Uh.

Speaker 14 (02:25:43):
And at the same time, the tax bill doesn't fully
reflect that. Since taxes are so unpopular, it's very easy
for the government to resort to the printing press to
finance its activities. But I mean, we pay for it
either way, we pay forward in the form of higher prices,
we pay forward in the form of financial crises and
business cycles instead.

Speaker 3 (02:26:02):
Yeah.

Speaker 2 (02:26:02):
Yeah, So what do you think is going to happen
with us? I think that a large part of this
is just to distract people's attention from the massive debt,
from these other things that have been done in terms
of massive stimulus and quantitative easing and printing of money
and all.

Speaker 3 (02:26:16):
The rest of this stuff.

Speaker 2 (02:26:18):
It's kind of a backdoor tax increase. It's kind of
interesting to see conservatives now cheering taxes as if it's
some kind of an engine of creation. You know, terrifts
are just another tax. I don't think they're as bad
as the income tax if we're going to have a tax,
but and I've said that for a long time, but
always when people talk about changing the tax system, they
were very wary about keeping the income tax and adding

(02:26:41):
an additional tax, which appears to me to be what's
going to happen. If he says he's going to keep
the tax cuts permanent, that means he's going to keep
the tax permanent as well. What do you think about this?
I mean, the terarifts are just another tax, and yet
you have so many people who see this as an
engine of creation.

Speaker 14 (02:26:56):
Now, yeah, you're exactly right. Tariffs are attax economics itself
got well, it was born as a rejection of old
classical mercantilism and protectionist ideas. So you go back to
writers like Adam Smith and Richard Cantyon. They were writing
in the seventeen hundreds explaining that the government is not

(02:27:18):
going to be able to achieve the ends that it's
seeking by implementing tariffs. So it's actually it's no benefit
to the domestic economy to impose these tariffs. It makes
things more costly, makes things more expensive, and it disrupts
the global division of labor that we've developed over the centuries.

(02:27:38):
And so there's really a lot of times people will
point in trade deficits, which is really a terrible term
because this it has the word deficit in it, and
so people sort of equate it with a budget deficit.
And of course it's terrible for the government to be
in a budget deficit, and I agree with that it's
bad for households to be in a deficit as well,
because it means that they're overspending, but that it doesn't

(02:28:00):
apply to a trade deficit, it's really a really it's
a bad term.

Speaker 3 (02:28:04):
In my opinion.

Speaker 14 (02:28:05):
What a trade deficit shows is that there's money flowing
in one direction and goods flowing in the other direction.
And so if you just think about it from your
own personal perspective, think about your own household and the
relationship that you have with your local grocery store, there's
money going in one direction and goods going in the
other direction. Every household has a giant trade deficit with

(02:28:27):
their local grocery store. And there's nothing unsustainable about that.
There's nothing bad or unfair about that. It's simply the
grocery store is providing goods that households want, and households
are paying for those goods with their money. And so
there's this trade deficit that happens all the time with
every single household and all the shopping that they do.

(02:28:47):
And then of course there's trade surpluses that we have
individually with our employers. So if you think about there's
money going from your employer to the household, and it's
a trade deficit from the employer's perspective, trade surplus from
the workers perspective. And so if we just think about
it from that individual perspective, people might think, oh, that

(02:29:09):
it might work at that level, but it doesn't work
at the international level. But it absolutely does. Just think
about how the land around the world is especially suited
to produce different things. So here in the United States,
we're good at producing corn. We've got workers that are
very good at designing software and designing airplanes, producing airplanes,

(02:29:32):
very good at providing healthcare and education. People come from
all over the world to get educated here in the
United States or get healthcare here in the United States.
And yet other countries are good at producing other things.
And so like we might get citiconductors from somewhere else,
we get tequila from Mexico, for example. Right, So each
country has its own sort of specializations, and this is
going to result in trade surpluses and trade deficits that

(02:29:54):
are just dependent on different productivities and consumer preferences in
the different countries. There's no reason to disrupt this, there's
no reason to fear this. There's no reason to think
that it's unsustainable or unfair. It's something that's been a
huge benefit around the world. There's mutual benefit to be
had for everyone who's involved in this global division of labor.

Speaker 3 (02:30:14):
I agree.

Speaker 2 (02:30:14):
And when we look at this, the thing I think
is interesting is that Trump is not really addressing even
the tariffs. You know, in the past, we've had when
government was small, tariffs could fund a small government that
fit inside the constitution. Later on they used tariffs to
protect certain industries. And we see in all the other
countries there's a wide range of tariffs on things. In China,

(02:30:38):
it could go from like five to twenty percent on
most of the things, well the aggregate level was like
twenty to twenty five percent or whatever. They had a
few things that they were particularly restrictive on it would
have fifty to seventy percent tariffs and they would go
through though the Trump administration and cherry picked something like
Japan that has a seven hundred percent tariff on rice.

(02:31:01):
But these are about particular things that they were trying
to protect from whatever reason, trying to get a monopoly
on it, or they want to make sure that they
produce their own food inside their own country or something
like that. Yet these teriffs are being done on a
country by country basis. And so when Trump talked about
this yesterday, they talked about Japanese cars and you're not
buying enough American cars. It's like, well, are the American

(02:31:21):
cars being tailored for something that the Japanese people want?

Speaker 3 (02:31:25):
Do you know? This?

Speaker 2 (02:31:26):
Isn't he's doing this on a country by country's basis.
He's not doing it on a product by product basis,
and even on a product by product basis. What's being
ignored here is the decision of the consumer, isn't it.

Speaker 14 (02:31:38):
Yeah, you're exactly right, And you brought up an excellent
point about how countries like to protect certain industries. One
very common argument for terrorists that I hear is the
national security argument that if we're going to be if
it's likely that we're going to go to war, and
that another country will be our enemy in this war,
we don't want to be dependent on them to produce weapons,

(02:32:00):
or to produce food or pharmaceuticals or other things that
we need essential things, especially in a wartime where we
have these, you know, giant international conflicts. And I understand
where that argument is coming from, and it makes sense
just at face value that you're right, we don't want
to be dependent on an enemy to provide the things

(02:32:20):
that we would need to fight a war. But I
think that even in this case, there are other things
that we can do to make sure that we're producing
the things that we want here domestically, even if you
grant the argument that there's going to be this war
with the other country, and specifically the tools that I
would recommend. I'm not a fan of subsidies, but I
think that a subsidy would work better in that regard

(02:32:42):
as opposed to a tariff. And the reason why is
the subsidy is transparent. It's the cost is transparent to taxpayers,
so they see exactly how much is it costing us
to be prepared for war, how much does it cost
us to have this national security capability right as opposed

(02:33:02):
to a tariff, where there are all these unintended consequences
that distorts things throughout the economy. Whereas a subsidy, it
can be targeted. We can say we want this particular
industry to to not have to compete with foreign producers
because we want to be able to produce this thing
in the case that there's some sort of conflict. So

(02:33:24):
a subsidy, I think, is a much better answer, a
much better tool to solve that sort of problem as
opposed to relying on something as destructive as an overall
trade barrier like a tariff.

Speaker 3 (02:33:35):
I agree.

Speaker 2 (02:33:36):
I think our competitive advantage would be freedom and liberty
and low tax absolutely, you know. And that's the thing
that bothers me so much when I look at how
the conservatives and the right wing media, the people who
are supporting Trump, they basically want to prop him up
regardless of what he does. They don't want to call
him out if he's wrong about something, and he's very
wrong about the fact that our country became prosperous because
of tariffs. When we look at the at America in

(02:33:58):
the eighteen hundreds, the size of government was minuscule, the
intrution into our lives was minuscule. You could start a business,
you could start a manufacturing concern without being regulated to death. Today,
with all the regulations, it's pretty much impossible to start
a manufacturing business or to grow it. That's the real issue.
The thing that is really harming us is the heavy

(02:34:19):
hand of government, and that is but they again they
redirect you to a different thing. They don't want to
talk about the trade deficit and the thirty seven trillion dollars,
I mean the government's budget deficit, the thirty seven trillion dollars.
They want you to think about a trade deficit and
which is just under a trillion dollars. Okay, So they

(02:34:40):
don't want to talk about the thing that's forty times bigger.
But they want to misdirect you. And they want to
misdirect you from our government to some foreign government, or
from our government to corporations. And it's always a misdirection
thing that is happening. But I think again, when we
look at it, it's the clarity that is missing the
trade policy that is one of the most damaging things

(02:35:02):
about this. We could argue about the rates. By the way,
did you see the calculation how they came up with
those numbers on that chart? It was parodied on Saturday
Night Live, and Margaret Brennan didn't really know what to
say to Lutnik about it, but she repeated some of
the talking points, but I don't think she actually saw.

Speaker 3 (02:35:19):
Did you actually see what people.

Speaker 2 (02:35:21):
Worked out as a reverse engineer, the formula that came
up with for the so called tariff rates?

Speaker 3 (02:35:26):
Did you see that?

Speaker 6 (02:35:26):
Yes, it was.

Speaker 14 (02:35:29):
Basically it worked out to be a simple fraction of
the trade deficit between the US and the particular country.
Divided by the imports. Yeah, and so.

Speaker 6 (02:35:40):
I guess they're thinking is.

Speaker 14 (02:35:41):
That they don't want to apply the right tariff to
diminish or get rid of that trade deficit. But as
I mentioned before, there's nothing to worry about trade deficits.
Trade deficits do not mean that America is losing. It
does not mean that there's something unsustainable or necessarily unfair
that's going on. And so I mean, just the whole

(02:36:01):
ideas it's preposterous. It's been refuted thousands and thousands of
times throughout the history of economic thought. And so it's
really up to economists. I mean, economists have been wrong
about so many things. I'll be the first, I am
an economist. I'll be the first to claim that economists
have failed, especially over the past few decades. But it's

(02:36:22):
really it's up to the economics profession to you know,
stand up and say, I mean, there's some good things here.
Trump is really a mixed bag. There's some good things,
decreasing the size and scope of government through DOGE, decreasing
government spending, decreasing regulation. There's some good things there, but also,
like you said, we've got to you know, call out
the bad things. When we see them, and I definitely

(02:36:44):
consider the tariffs and really any sort of trade berrier
is a bad thing that we that we should stand
up and call out.

Speaker 2 (02:36:49):
I agree, Yeah, I'm something of a cynic and a skeptic,
so I'll believe the cuts when I see them actually
take place in Yeah, when they aren't overturned by court
system or whatever.

Speaker 3 (02:36:59):
Else.

Speaker 2 (02:37:00):
Let's talk a little bit about training the future generations,
because you know, as you point out, you've had a
lot of different schools of economics, and so only one
could be right, and maybe none of them are right.
We look at all this stuff, it doesn't necessarily mean
that because we've got a lot of them, that that
any of them right. But I like what you guys

(02:37:21):
do at the Musa's Institute, like Austrian Economics. How do
we train young economists so they don't fall into some
kind of fuzzy thinking like modern monetary theory or something.

Speaker 14 (02:37:33):
Well, whenever I go to a bookstore or sometimes even
sort of big retailers that have a book section, I
see the children's books that they have there, and I
noticed that there's all this indoctrination there, especially a ton
of wocism, you know, getting people, getting children to believe
these you know, terrible ideas. And I remember a few

(02:37:53):
years ago thinking, you know, we should we should have
our own version of that. And there are there are
some versions of that. Like I'll definitely say that the
Tuttle Twins book series does a great job of teaching
principles of liberty and economics. But I wanted to, you know,
do something else. I wanted to, you know, show that
I could also write some of these stories, especially since
I have some young children myself, and so my main

(02:38:15):
idea for you know, training young economists, you know, getting
children to see the principles of liberty, see the principles
of sound economics. And so I started writing these stories,
these children's stories that are easily graspable, something that are
they're fun to read as well, fun stories to follow

(02:38:37):
along with. And so I started off with the Broken
Window that tells Frederick Bostiacht's Broken Window parable. It was
popularized by Henry Hazlitt, and it basically just it says
that involuntary destruction is not good. A lot a lot
of people will say that, you know, if something breaks
and we have to replace it, that's this is stimulative
for the economy. In fact, you'll even see this today,

(02:38:58):
like a hurricane will come through the southeast United States
and you'll see some journalists somewhere say, you know, it's
not all bad news. This is going to be great
for the economy because people are gonna have to spend
a bunch of money to repair and.

Speaker 6 (02:39:10):
Replace and rebuild.

Speaker 14 (02:39:12):
But of course, what they're forgetting, including the Canesian economists
who fall for this fallacy, what they're forgetting is the
opportunity costs. They're they're forgetting the fact that we had
valuable resources and repairing them, replacing them, rebuilding also costs
us valuable resources that could have gone to other uses.

(02:39:32):
So really it's not a stimulus to employment, it's not
a stimulus to economic growth. It's when we have these
destructive events, Uh, there's an opportunity cost, and it's it's
it's bad. And so that that's.

Speaker 2 (02:39:47):
The that's especially true today we got these people from
Silicon Valley whose motto is to move fast and break things.
They want to break all the windows so that they
can build it back better, you know, And so that
is a very very important lesson for kids to understand that,
you know, breaking stuff is not necessarily a good thing.

Speaker 3 (02:40:07):
We don't want to do that.

Speaker 2 (02:40:08):
And we have the people who seem to be in
control at this point on both sides. It seem like
they want to break everything that we've got. So that's
a great lesson. So how do you flesh that out
for the kids and give them an example of how
that is not what we want.

Speaker 3 (02:40:25):
We don't want broken windows.

Speaker 14 (02:40:27):
So I used the broken window parable as it was
told by Bostiocht and Hazlet. The story goes this way.
There's a young hoodlumd that throws a brick through a
baker's window, and a crowd gathers to reflect on this
event and think about it, and they come to the
conclusion that the broken window is actually good.

Speaker 6 (02:40:46):
It has good positive effects.

Speaker 14 (02:40:48):
It stimulates spinning and employment because now the baker is
going to have to get the paine of glass repaired,
and so this is good for the glass business. The
people who work in the glass business now they have
extra incomes they can use to go buy things out
and about in the economy. And so that's the conclusion
that the crowd comes to, and that is the fallacy.
That is the broken window fallacy. It's coming to that conclusion.

(02:41:09):
But then the economist arrives on the scene and informs everybody.
Let's shows people that it's actually not an increase in
spending and employment. It's actually just a redirection of the
way resources are used. Because now the baker is not
able to buy the new pair of shoes or to
get the new suit that he would like, and so

(02:41:31):
instead of having you know, a full, unbroken piece of
glass and a new pair of shoes, the baker just
has to settle for the repaired piece of glass. So
the economy, this community is actually worse off. It doesn't
have as many real valuable resources that it than it
did before. And so the story just it's it's it's

(02:41:54):
a rhyme, so it's very easy to you know, to
read through, and you know, kids have a fun time.
There's great illustrations of you know, the kid throwing the
brick through the window.

Speaker 12 (02:42:05):
Uh.

Speaker 14 (02:42:05):
There's also an illustration of like the broken glass over
the you know, the bread and the pies at the baker.

Speaker 12 (02:42:11):
Uh.

Speaker 14 (02:42:11):
And there's even some cool illustrations that show the two
different courses of events, one in which the the window
is broken and the counterfactual course of events in which
the window is not broken, and then the baker is
able to purchase the new pair of shoes. And so
I did this to to really highlight the children that
destruction is not good uh, and it's it's a waste

(02:42:34):
of resources. But then later on at the end of
the book, I have a more detailed explanation for like
parents and teachers. So somebody wants to use this in
a homeschool curriculum, that's what that section is for, to
really explain and help the help the child to see
why it is that when the government decides to spend

(02:42:56):
money on something, the same thought process applies. It's not
stimulative for the government to employ a bunch of people. So,
especially after the financial crisis, the government had all of
these infrastructure projects and the goal was to spend and
to stimulate the economy to get us out of the recession.

(02:43:16):
But of course if you understand the broken window fallacy,
then you see actually all of the resources that were
used in those infrastructure projects come at a cost. It
means that all of the resources that were used to
make new bridges, repair roads, and all of those sorts
of things, it comes at a cost. It's not stimulative
for the economy. It's just a misdirection or redirection of resources.

Speaker 2 (02:43:38):
And of course you saw that during the COVID lockdown,
saything the government checks were called stimulus checks. That was great,
you know, and it wasn't it great that we locked
everybody down and we busted a bunch of businesses. But
on the left, you see that with the green agenda,
you know, they're constantly going by this, you can't buy that.
You look at what's happening in the UK. They're telling
the people over there, you can't have a furnace anymore.

(02:44:01):
You're going to have to have a heat pump. And
we're even going to not just ban your gas furnaces
which are going to put out warm air and that
cold climate and damp climate, but we are even going
to rip up the gas lines that are under the
ground so that you can't build this back.

Speaker 3 (02:44:16):
But that's great.

Speaker 2 (02:44:17):
You look at how it's going to stimulate the economy,
and that's the way that the Democrats have sold all
of this green stuff. It's all a stimulus to the economy.
We're going to create so many jobs with our electric
school buses and our solar panels and all the rest
of this stuff we've had. The broken window fallacy has
been sold to us in a variety of manifestations and

(02:44:39):
twists and turns, hasn't it.

Speaker 14 (02:44:41):
Yes, Yes, So these fallacies are alive and well, and
I want to you know, do my part to teach
children about this so that they're you know, somewhat inoculated,
so that when they grew up and become voters and
they're reading the news and they're hearing politicians, you know,
spew all the nonsense that they do, that they have
the critical thinking so that they can they can understand, Hey,

(02:45:03):
this is not a stimulus to the economy, This is
not this is not good for us. This is just
the government grabbing more. This is the government deciding how
resources are going to be used as opposed to private citizens,
entrepreneurs and consumers. Right, So so that that's really the goal,
is that there's there are these good critical thinking skills
that we're teaching our children now so that later on

(02:45:24):
we're hopefully we're not in the same sort of mess
that we that we are.

Speaker 3 (02:45:28):
Now, that's a key thing. Oh, give the critical thinking,
that's the key thing.

Speaker 2 (02:45:31):
Yeah, that's absolutely right. Once they understand the principle they
can apply that in critical thinking when somebody comes with
whatever the agenda is, you know, the green agenda or
whatever else. I'm sorry, what were you going to say?

Speaker 14 (02:45:42):
Oh, no, that's fine. I was just going to give
a quick preview of upcoming children's book. So you mentioned
a Ludvig the Builder. That one is a it's a
it's another you know, story for children to help them
understand business cycles. But one that's it's going to printers now,
should be out very soon. It's called The Magic Coin.
And this is a children's book version, a retelling of

(02:46:04):
Murray Rothbard's What has Government Done to Our Money? And
so what has Government done to our Money? It's a
short little book, very accessible, easy to read. By the way,
the Mesa's Institute is running a promotion right now. We're
trying to give away one hundred thousand copies of this,
so your viewers can go to mesis dot org slash
my money. That's m I S e s dot org

(02:46:26):
slash my money to get a free copy of that book.
But in the children's book, what I do is I
go through all of the steps that Rothbard goes through
in that book where he explains the origins of money,
the origins of banking, how government took control of money
in banking, and then there's a little there's a fun
little episode in there about hyperinflation. And so the story

(02:46:52):
follows a girl who discovers this magic coin that takes
her through all of these different episodes in the history
of money. My goal there is to show children and
really anyone who wants to pick up this book, that
money has been co opted by the state. Money in
banking has been monopolized by the state to our detriment.

(02:47:13):
It was originally a market institution that facilitated trade, made
for the global division of labor, made it possible, which
we were talking about when we were talking about tariffs earlier,
and greatly expanded economic growth and standards of living across
the world. But then governments realized that they could take
control of money and banking to their own benefit and

(02:47:34):
implement the inflation tax. If the government wants to spend
more than it collects and taxes, it can make up
for part of the difference with money printing. And so
I explained that in one of the episodes in that story,
and the goal is to show children that money is
all of the problems that we see in money in

(02:47:56):
banking and finance. It's not a problem that originated on
the market. It's because the government has taken control of it.
Once again, the government is the enemy in this story.

Speaker 2 (02:48:08):
And with that in mind, what do you think of
the alleged bitcoin reserve, which it turns out that Trump
starts talking about other coins besides bitcoin? What do you
think about that and the crypto stuff and the stable coin.
We've got a couple of bills that are going through
the Genius Act and others that like that. What are
your concerns when we talk about government manipulating the money supply?

(02:48:29):
What are your concerns about these types of things or
do you.

Speaker 14 (02:48:32):
Have any Yeah, I'm not a fan of the bitcoin
reserve idea. I think it's best for government to just
be hands off, just let the market work, let the
market decide what it wants money to be. There's nothing
that the government needs to do to try to monopolize
that or influence that intervene in that area. I can't
say that bitcoin is the money of the future, but

(02:48:53):
I can say that what we ought, what we ought
to do. The future that we should shoot for is
one in which the market decides what money is and
not the government.

Speaker 6 (02:49:03):
What we had in.

Speaker 14 (02:49:04):
Ages ago, really not that long ago, just before the
twentieth centuries, we had markets deciding what money was, and
they settled on precious metals, they settled on gold and silver.
And then, of course you can go back to ancient
history and you can see how the Roman Empire debased
their run silver coins and that caused all sorts of problems.

(02:49:25):
They tried to fix it with price controls, and of
course that made it worse, and eventually you had the
downfall of the Roman Empire. And I think we're seeing
the same sorts of things happening today, where governments have
taken over money, they've debased it, they've printed too much.
There've been a few hyperinflation scenarios throughout the twentieth century,
and even some in modern times if you look at

(02:49:47):
Venezuela and so. What this shows is that the government
is not a good steward of money, that money is
too important for us to give to the government to
take control of the sort of system that we should
shoot for is one in which the market decides what
money is, whether that's going back to gold and silver
or doing something new like with cryptocurrency. I can't decide

(02:50:10):
because I'm not in charge of the market, but I
do know that the answer is let the market decide.

Speaker 2 (02:50:15):
When you look at what is happening now, do you
get a sense that our government is getting ready to
reset the financial system like another Bretton Woods and this
time move us over into a stable coin that is
I guess we could kind of characterize it as a
tokenization of treasury notes. If they're going to have difficulties
selling treasury notes to people, maybe they could sell all

(02:50:37):
the treasury notes to stable coin or something like that.

Speaker 3 (02:50:40):
I mean to me, it.

Speaker 2 (02:50:41):
Seems like a tokenization of the Fed bills and bonds
and things like that. What is your take on it
about the stable coins, the way it is being promoted,
not that it's going to be based on gold, but
that it's going to be based on fiat currency and
government bonds.

Speaker 3 (02:50:59):
What do you think about that?

Speaker 6 (02:51:00):
I think it's inevitable.

Speaker 14 (02:51:01):
I think you're absolutely right to see that in the future.
I think that the government has a very big incentive
to maintain the current system of fee up money and
central banking, which means that if there is some sort
of threat from private cryptocurrencies. The government may try to
impose or will try to impose something like a central

(02:51:24):
bank digital currency, like like what you're talking about, And
of course, the the reason why they would do that
is so that they maintained that monopoly control over money
and banking. And really that would that would totally, that
would that that would be the kude gras, that that
would be the last nail in the coffin of of

(02:51:44):
sound money. Because even now in our current banking system,
there's just this like tiny sliver of a constraint that
the public has on the banking system by being able
to withdraw cash from the system. But if we get
rid of cash and we go to a completely central
bank managed monetary system with a central bank digital currency,
even that constraint is gone, and so what we'll have

(02:52:07):
is we'll have even more inflation. All privacy will be
gone because of course, for the central bank digital currency,
government will be able to see everything that you're buying.
We got a taste of this during the COVID years.
You remember there was the Trucker protest in Canada where
they cut off their access to their own bank accounts,
and also with the January sixth protesters. They did the

(02:52:28):
same sort of thing. It was Bink of America working
with the federal government to help identify who was there,
who is at the wrong place at the wrong time. Right,
And so we're not a conspiracy theory.

Speaker 2 (02:52:40):
It's already been done surveillance and control and restriction and
taking it away. It seems to me like this stable
coin stuff has got all the worst attributes to CBDC,
but it's got some incentives for it to be some
people to make a lot of money for it. It's
kind of like I call it a public private partnership
for digital currency.

Speaker 14 (02:53:01):
Yeah, yeah, you're exactly right, and we should. We should
fight it tooth and nail. Like I said, it would
be the death nail for sound money. I mean, we
don't have sound money now, but that would be that's
really the endpoint in terms of government control over money
at banking is essential bank digital currency. I would much
rather see a future in which we go back to
sound money, where we go back to money that's that's

(02:53:22):
chosen by the market.

Speaker 2 (02:53:23):
I agree, And that's why it's important. The Mesa's Institute
is important because it is nonpartisan, and that's the key thing.
Because it's going to be people who like and who
trust a political party or a politician are going to
step aside and let them do this to us and
make excuses for that when it happens if we are

(02:53:44):
going to be partisan about it. So again, you're non
political there, you're non partisan, non PC. Tell us anything
else about of course, you know Austrian economics there at
Auburn University, the Mesa's Institute. Tell us little bit more
about that. You're you're a fellow there at the Mesa's Institute.

Speaker 14 (02:54:02):
Absolutely, So the mission of the Mesas Institute is to
educate people about Austrian economics, principles of liberty like freedom
and peace. So we're really countercultural in that sense. And
you mentioned that we're nonpartisan, and that really gives us
the ability to call out people on the left and
the right when they're going down the wrong road, when

(02:54:23):
they're going down the road towards greater state control, greater
size and scope of government. So that allows us to
be principled, it allows us to be uncompromising. But the
way that we teach Austrian economics is we have student programs. Really,
our flagship student program is called Mesis University it's a
week long crash course in Austrian economics during the summer

(02:54:45):
where specifically undergraduate students is the target audience here to
come and learn Austrian economics from start to finish from
wonderful faculty around the world. Really, we also have everything
se that the Mesas Institute publishes is available for free online,
so you can get the PDF, and of course we
sometimes we'll give away even our printed material for free,

(02:55:07):
like I did with the like I shared about the
what has government done to our money promotion that we're doing.
We have academic journals as well, and we have academic conferences.
In fact, just recently we had the Austrian Economics Research
Conference and the Libertarian Scholars Conference where scholars came from
around the world to present their research on Austrian economics

(02:55:28):
and liberty and rights and justice and all of the
good things that we need to be researching and talking
about and explaining to the public. So if anybody is interested,
you should come check out our website mesis dot org,
m sees dot org. You'll see commentary on current events.
We have new articles coming out every single day, multiple

(02:55:50):
articles coming out every single day where.

Speaker 6 (02:55:52):
Our authors, our scholars are.

Speaker 14 (02:55:53):
Commenting on what they see and giving the Austrian economic
principles behind it, and you know, telling the truth wherever
we go.

Speaker 2 (02:56:02):
Yes, and a lot of articles about history as well.
And of course when we look at history that what
has the government done to our money? That's very important
for people to understand that because the government's got designs
on our money right now, as we've just been talking about,
they want and we're going to be as I'm afraid
that in a couple of years, are going to be asking.
Everybody's going to be asking that question, what has government
done to our money? But it's got a long history

(02:56:24):
behind it, and if you understand that history, you might
be able to head off some of the worst aspects
of this in the future. Tell people again how they
can get that book, because it is very much something
that everybody needs to know, not just the kids, but
especially the kids. What is the government done to our money?
How can they get that at the at mesas dot org.

Speaker 14 (02:56:41):
Yeah, the website is mesas dot org m I S
E S dot org slash my money M Y O
N E Y And if you go to that link
then you'll be able to get your own free copy
of what has Government done to Our Money? Like I
said before, it's very accessible. It's an easy read.

Speaker 4 (02:57:00):
You know.

Speaker 14 (02:57:00):
You see some of the books that are written by
Murray Rothbard and Ludvivon Misis and f. A. Hyak, some
of them are quite dense. They're thick, and they're dense
and difficult to go through. But this one is very accessible,
easy to read, and it's a short book, and it
makes the very strong claim. But you know, one debt

(02:57:21):
is backed up with evidence and the history as well
that government has taken over money and banking and it
has not been good for all of us.

Speaker 3 (02:57:29):
That's right.

Speaker 2 (02:57:29):
Oh yeah, that absolutely is an important message. Thank you
so much, Donathan, doctor, doctor Jonathan Newman. Thank you very
much there at the Mesa's Institute, and Travis has shared that.
We'll put that in the description for the video and
the podcast as well. Thank you so much for joining us.

Speaker 14 (02:57:46):
Appreciate yeah, thank you so much for Hapening for having me.
This has been a pleasure.

Speaker 2 (02:57:50):
Thank you, Thank you folks. We've got just a couple
of minutes before the show ends, and I want to
thank some of the people who have subscribed on kick
James Sharp Things.

Speaker 3 (02:58:00):
Thank you very much.

Speaker 2 (02:58:00):
Mark Young has also gifted five subscriptions to the community
on Kick. We're now one away from meeting their ten
individual sub goal for that new platform, and so very
important for us to get over there. On Kick, Angry
Tiger says we should send those books that are aimed
at children to the KNES and economics economists. Maybe then
they'll grasp some of the solid economic concepts. Maybe they've

(02:58:24):
got some vested interest in the government, because that is
a tool of government. I don't think even if you
send it to the MMT people, the modern monetary people,
I don't think they would get it at all, not
even a children's book.

Speaker 3 (02:58:37):
That would be over their head. I think.

Speaker 2 (02:58:38):
On Rumble, DG eight, thank you very much for tip, says,
good morning David and all the viewers. Remember put our
hope and trust in the Lord. Yes, following man always
leads to disappointment. Stay strong, vigilant, and share the Gospel
to this lost world, David. Laura Lumer is the queen
of grifters. I know she learned to heal when the
Trump cult got behind must Trump and Vivek promoted the

(02:59:02):
h one visa program. I remember, I remember that spaces
that they had where they're talking about that she spoke
got censored, then healed to Musk as well. Yeah, just
she is ma. She wants access to power, which is
really sad. You know, you talk about people who are
so fixated on that. I remember when she got kicked

(02:59:23):
off of one of the social media platforms or something.
She changed herself and she was desperate. I mean, it
was really heartfelt at the desperation. It's sad to see
people putting so much into that unrumble. Sam Miller one
two three, thank you very much for the tip. I
appreciate that, he says. Why his words from DG eight
this morning, everybody you wish him a happy birthday. Well,
happy birthday, d G eight. I didn't know that was

(02:59:46):
your birthday. But we have a great community and they
know each other very well. It's great to see that happening.
Hopefully we can get the people who are on rock
Fan over to kick Happy birthday, DG eight.

Speaker 3 (02:59:58):
Thank you all.

Speaker 2 (03:00:00):
Good day.

Speaker 3 (03:00:10):
The common Man.

Speaker 2 (03:00:12):
They created common Core and dumb down our children. They
created common Past to track and control us. They're Commons
project to make sure the commoners own nothing and the
communist future. They see the common man as simple, unsophisticated ordinary.

(03:00:33):
But each of us has worth and dignity created in
the image of God. That is what we have in common.
That is what they want to take away. Their most
powerful weapons are isolation, deception, intimidation. They desire to know
everything about us, while they hide everything from us.

Speaker 1 (03:00:55):
It's time to turn that around.

Speaker 2 (03:00:57):
And expose what they want to hide. Please share the
information and links you'll find at the Davidnightshow dot com.
Thank you for listening, Thank you for sharing. If you
can't support us financially, please keep us in your prayers.
D Davidnightshow dot com

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