Ep. 193 - Biden's Executive Order signing spree, Gamestop stock controversy, "YBD" and more

Biden's Executive Order signing spree, Gamestop stock controversy, "YBD" & more

Episode Transcript

(00:00):
This is the FCB Radio Network.Come of the best personalities and where Real
Todd lifts online at FCB radio dotcom. FCP folks and welcome you listened

(00:46):
to the Todd Allan Joonist professor econ in studio when Kevin Morrow, how
you sir? What's up sir?And one of our favorite people, Iliad
Tomorrow Elid how are you, sir? I'm a little tired, I'm testimistic
about my country. Other than that, I'm fine, So speaking about your

(01:15):
country, let's go ahead and let'sstart. Let's start talking about some of
the politics that have been going on. So Biden did not waste any time
with his pen practicing his penmanship onthese executive orders, did he? Uh?

(01:36):
He is basically side what almost twentyexecutive orders in the last week,
I think so. And for peopleto know what the executive orters are,
those are essentially directives by the executivebranch which are meant to set a rope
math towards an agenda by the executivebranch without going through Congress. So Biden

(01:57):
has just gotten that pen and goneabsolutely stupid with it. Number thirty,
he's saying, he's up to thirtynow, Yeah, would it have like
one of those big clocks, likethe dead clock for his decative orders.
Goodness, he's at thirty yeah,good lord, Yeah, thirty executive orders

(02:23):
in the first three days. Buthey, the dictator is God. Anyway,
Um, this is unbelievable. SoI'll tell you what. The Keystone
pipeline he canceled forget the contracts andall the pipe that has been already purchased
to get all the jobs. Ithink one hundred thousand jobs have been lost

(02:47):
or we'll be lost. But thisis a guy who cares about the h
the working families of America. SoI'll tell you what I just I shouldn't
say this because he's a lot ofpeople are getting hurt by this. But
I hope whatever agenda the President wantsto implement, I hope he successful.

(03:09):
Just to give you a rundown onsome of things that he's done. Okay,
So it restored collective bargaining power andworkers peers, all right, So
it restored collective bargaining power and workerprotection for proto workers, and lays the

(03:30):
foundation for a fifteen dollar minimum wage. Um. Can we talk about that?
Absolutely? Absolutely? Um. Healso did coronavirus accelerating manufacturing delivery supplies
for vaccination tests and personal protection equipment. Direct SPEMA to expand reimbursement to states

(03:52):
to fully cover the cost of NationalGuard and personal personnel and emergency supplies.
Established a pandemic testing or to expandUS coronavirus testing capabilities. Abats a preclinical
program and boosts development of therapeutics.Responds to pandemic threats, enhances the nation's

(04:12):
collection, production, chairing, andanalysis of coronavirus. Directs being way to
create federally supportive community vaccination centers.Direct Department of Education and Health STUMAN services
to provide guidance or safety reopening andoperating schools, childcare providers and institutes,
and higher learning Calls for Occupational Safetyand Health Administration released clear guidance of COVID

(04:33):
nineteen. Decide whether to establish emergencytemporary standards, and directs Ocean to enforce
worker health and safety standards. Requiresmasks wearing and airports and on certain modes
transportation, including many trains, airlines, maritime vessels, inner city buses.
International travel must provide proof of negativeCOVID tests prior to coming to the upas

(04:58):
that's just a a few. Um, how do you feel about mandatory vaccinations?
Um, well, I think theissue for me isn't necessarily mandatory vaccinations

(05:19):
in general. Um, I'm alittle concerned about this vaccination in particular because
of the fact that it's so newand we're seeing we're seeing things results that
are happening that would cause people tohave some questions. I'll just put it
like that. And the thing thatI'm most bothered by is, of course,

(05:46):
you know, a lot of pollsare showing that African Americans are very
skeptical about taking the COVID about takingthe the COVID vaccine, which, if
you know our history, that's that'sfairly understandable. But the thing that concerns
me, because it doesn't make fearsgo away, it just increases them,
is the fact that instead of addressingthose fears and trying to provide more information

(06:14):
to dissuade you know what I mean, to to make those fears go away,
they decide that they're going to trotout every black person that they can
find who who supports what they're doing, to be like, see, hey,
black people, you know it's it'ssafe. Look it's another black person
who was working on it, likethat's so insulting to my intelligence and our

(06:38):
intelligence, like just absolutely ridiculous.So those are the kind of things that
make people say, all right,well now I really don't trust it because
I tell you, look, I'mconcerned, and you don't address my concerns.
And I have not seen people,you know, addressing concerns in a
reasonable, fair and level headed waywith this right complete your thoughts thoughts on

(07:04):
mandatory vaccination, Well, it dependson you know, obviously who's mandating it.
You're going to have mainly some employersthat may do it. You're going
to have a lot of social pressureto do it. Certain airlines I'm here

(07:26):
and talking about they're going to doit, meaning you can't fly at least
internationally or coming into the country fromfrom overseas without having a negative test available
at least two days old. Thegovernment doesn't have a whole lot of leary
to do it, even though duringa polio crisis there was force vaccinations,

(07:50):
you know, during polio. SoI think if anyone wants to try to
make this mandatory, you are goingto open up an entire whole can of
worms that you do not want toYou do not want to do that because
there's some people out here who allthey need is a reason. And I

(08:15):
don't think, coming off the heelsof this capital riot, that you want
to turn around and tell people theygotta stick a kneel in her arm.
I just don't think you want todo it right. Well, I mean
to to take feedback a little biton Dariel's point. I mean here it
is that we had in the blackcommunity, we had an icon and Henry
Aaron who publicly took the vaccine andseveral days later, God rest his soul,

(08:43):
he passed with no explanation. Wait, I'm sorry, you have to
tell people who you're talking about.Henry. Henry Aaron baseball grade played with
Atlanta Braves broke um Babe Ruth's alltime home run record. I believe it
was in nineteen seventy four. Ieven remember where I was nineteen seventy was

(09:09):
watching that when he when he hitthat home run and running around the basis.
But Henry Aaron is an icon inthe African American community. M So
again, as as Darvia would say, as Arvio said, Um, you
know, you have a whole lotof people of color or black folks who
are who are publicly taken the vaccine, or too Black doctors who are said

(09:35):
to have worked on the vaccine,and they're given the vaccine publicly with the
media showing and everything else. SoHenry Aaron takes this vaccine and several days
later he dies with no explanation asto what happened or how he passed or

(09:56):
anything. They just said he died. He passed peace in a sleep.
We also know that there are umbad things that can happen with the vaccine.
As with any vaccine, I meanany medication, they're going to have
side effects in there, and theremay be some adverse side effects. But

(10:18):
as as Blacks, we we wealready have some concerns about government vaccinations.
Um, you look at the TuskegeeUH program that that vaccinated those those weren't
vaccinations, Well, okay, whatwould you call those they weren't vaccinations.

(10:39):
They would have left people would see. This is the reason why I wanted
to say that, because we haveto be factual about stuff. UH.
The Tuskegee experiment where people were leftuntreated with with with UH syphilis and they
were left untreated so they can monitorthe results of the of the disease and
how it affected people. They weren'tvaccinated with the or given the disease to

(11:03):
be a vaccinations. A lot ofpeople believe that, you know, some
strange reason, but there was nobodygiven syphilist so they were told that they
received they were receiving free healthcare fromthe federal exactly. Yeah. OK.
And then right, so the factis they were left untreated for and it
went on for decades. All wehave them to our nineteen seventies, uh

(11:24):
to just to monitor results. Butnobody was injected with any any diseases.
But that's kind of what people havebegun to believe. And you know,
and I attended, Yeah, wealso who also had henry Ella las um.
You know, here's a woman therethere that her her um biological material

(11:46):
was actually being used to study cancerand her family was never notified. Uh
And and and to this day whenthey're studying cancer and cancer research, they're
still using a lot of her biologicalmaterial. Family has not benefited from that
at all. So yeah, umagain, I mean that that that that

(12:09):
is that is the you know thereason why in many instances, you know,
there's there's just just distrust and yougo back to Tuskegee experiment. Um,
you're Correctically they weren't vaccinated, butthey were Um they did receive uh
placebos or any messaging diagnosis procedures astreatment. So they were told that they

(12:30):
were being treated, but they werenot. They weren't too. Yeah,
in essence, and so that thatbecomes very the very essence of of of
government mistrust in the black community.Yeah, but you know what, let
me just say this. I thinkthat people. I'll come back on the
other side. All right, folks, Well we'll have more of this discussion

(12:50):
on the other side. You're listeningto the Todd Ellen Show, do you
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(13:35):
Welcome, I folks, you listeningto to Todd Allen Show? Clean?
How can I listen to Molly uhCollide Lamar on Facebook? And I
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(13:56):
That's d K I the high end, and folks, you can follow
us at B Todd Allen Show onFacebook. Um, you were finishing up
conversation you and I lead about blacksdistrust of government and medical profession. Do
you have any any any any finalwords on that, um, because I

(14:18):
know that you you don't necessarily agreeum with what I'm saying or with Darby
was saying that you know that that'snot unusual for us not always to agree.
No, I mean, do youhave a usual for the lead to
be a curmudgeon? But go ahead. I just think for people uh who

(14:41):
consistently vote to expand the state,all of a sudden, no, we
don't really trust you know. Yeah, I mean we bring up stuff like
Tuskegee and everything, but we havecontinuously voted to expand the state. We
actually voted in the administration that expandedthe healthcare system on any other history of
the country. Uh so uh andblack women only know how to expand the

(15:03):
state. That's why the vote Democrats. So I am kind of uh as
you can see, I'm a littlebetter uh today. Yeah. Well,
you know, also you gotta realizethat most people, most people nowadays view
healthcare as a right and not aprivilege exactly. So yeah, that that

(15:24):
debate has been lost. Yeah.Yeah, somebody get me a snickers please,
And just real quick, I justwant to make make a point real
quick on that the issue with healthcareis that people don't you know, the
difference between health care and health insurance. People are talking about health care is

(15:46):
a right. That's not what they'retalking about. They're talking about insurance.
That's a whole different that's a wholedifferent conversation. But yeah, this is
what it is. Um real quick, because I know that you know this
segment run pretty quickly. We canget caught in the lead sometimes, especially
the lead and I when we aretalking about at differences. I'm going to

(16:08):
go back to this federal mandate offifteen dollars an hour and coimum wage.
UM. I think Joe Biden hasgood intentions, but I don't think that
he really truly understands how much painand suffering he's going to cause in the

(16:32):
economy by trying to federally mandate theraising of the minimum wage. Before I
really get into it, I knowthat you had something you want to say
about that. Dark Yeah, Sothis is kind of a passion topic of
mine, a pet peeval mind,because I do believe that generally speaking,

(16:52):
it probably does come from a goodplace. But I think the part of
the conversation that people aren't having,and it's because you really can't have this
unless you understand how business works,is that by doing that, it will
do more harm to the very peoplethat you're trying to help. So,

(17:18):
for example, McDonald's ain't paying nofifteen dollars and hour minimal wage this period,
point blank. Let's keep it onehunted. If you push them to
pay a fifteen dollars hour minimal wage, machines are going to be flipping your
burners. Let's just keep it all. Let's just keep it all the way
one hunted. There are some jobswhere that the value of that job is

(17:45):
not high enough to justify a fifteendollars in hour minimal wage. It's just
not and partially because a minimum wagejob was never designed to be a permanent
position issue in the first place.Now, does that mean that we don't
have issues, No, it does. It doesn't mean that we don't have

(18:06):
issues. But I think the issue, the real issue that we have,
and the issue that I'm the mostconcerned about going into this decade, is
the skills gap. Because if youaddress the skills gap, you address the
wage gap, right Because the issueis not that there aren't jobs. There

(18:29):
are jobs available. The issue isthat we have people who don't have the
skills to match the jobs that areavailable. That is the thing that I'm
concerned about. That's the thing thatpeople can actually do something about. But
instead of addressing something that will fixthe problem, they take the easy ray

(18:51):
out and say, well, let'sjust raise the minimum wage of fifteen dollars
an hour. That's going to priceout more lower wage earners out of the
market. Well, that's also goingto be another form of discrimination that is
going to be wags against certain groupsof people because a lot of people do
a lot of people don't realize thatwhen you talk about a minimum wage of

(19:12):
fifteen. Anytime you're talking about thewaves also talk about benefits man needn't benefits
that may run as high as thirtypercent that's attached to that hours waves.
Even though that they're looking at fifteenfifteen dollars that the person may be receiving
what the company is actually paying inmandated benefits, uh, you know,

(19:32):
employee and employee attacks, things likethat, it's going to be much more
than fifteen dollars an hour. Andthen when you add and then when you
add on top of that the factthat they're talking about trying to find ways
to reinstate the healthcare mandate on topof that for employers and workers, all
that does is that continues to raisethe cost of them having you in the

(19:56):
building. Right, So what thatdoes is that it hurts the lowest wage
earners the most. So the peoplethat you say you're trying to help with
this policy will end up being damagedthe most. And one last thing,
particularly when it comes to the raisingthe minimal wage on the federal level,

(20:19):
when you look at contracting, youknow, the federal contracting the companies that
do business with the government. Becauseas as Todd and Khaleg will tell you
the government doesn't really produce anything ontheir own. The contract with with with
with the private sector largely to createand produce anything. Right, So,
we already have an issue of notenough black companies getting the contracts that they're

(20:44):
legally mandated to get from government,from governments from top to bottom, whether
that's local government, state government,or the federal government. You already have
that issue if you raise up thecost of doing business for them, particularly
when you already are looking at alot of black businesses. They're less capitalized

(21:04):
than other businesses. They still strugglewith getting loans and credit and all those
sorts of things. And now you'regoing to price them, price the whole
company out of the market by raisingthe cost of doing business. If the
minimum wage is fifteen dollars an hour, how much do they have to how
much do they have to pay aworker that deserves more than that. Now,

(21:26):
if the person that McDonald's is makingfifteen dollars an hour, you can't
get a construction worker that you can'tgive any of the other contact like,
you got to raise that up allthe way, and then you end up
pricing particularly minority black owned businesses,you end up pricing them out of the
market even more so. You're damagingblack businesses, you're damaging black employees,

(21:48):
you're damaging lower wage earners of allrace. It doesn't do It does not
help the problem. And they're notaddressing the skills gap when you addressing it
on the wages instead of addressing iton the skills, and you end up
damaging the people you say you wantto help. And you're also you're also
damaging the least skilled workers and thatwould be teenagers, um. Coupled with

(22:11):
the pandemic, coupled that with thenumber of businesses that are going to be
going out of business in twenty twentyone because of the Yeah, College just
I just saw on Facebook. Collegejust put out an article from CNBC that
said ten thousand stores are going toclose this year. Yeah. Yeah,
that's insane. Yep, ten thousand. Yep. They've just wrecked. They're

(22:34):
they're taking a wrecking ball to theeconomy and then they're shoveling money out the
door. And then they are touting, uh, they're great management skills in
managing the economy. I mean,these people are I'm telling you, we're
witnessing of Rome right now. Inmy opinion, the thing is that in

(22:56):
in Thomas soul has said that whenpeople think that government is for the people,
and I say that because again youhave this House Resolution Bill one which
is coming up and it is entitledlet me get let Me get the table
right for you, House Resolution Billfor the People Act of twenty twenty one.

(23:21):
Government agencies or bureaucracies have their ownagendas. They may say it's for
the people, but ultimately it's forthem to be able to keep jobs right
in their own agenda, it's youknow, the only, the only,

(23:41):
the only job that the politician hasin essence is to get reelected. And
so in order to get reelected,they will say and do things for people
that they think will are their constituentsthat will continue to keep them in a
job. Joe Biden has never hada real job in his entire life.
He's been a quote public servant orhis entire life. So he's never had

(24:07):
to go out and build something andsell it in the open market and retieve
a wage for or pay wages toworkers or any anything like that. His
whole life has been dependent upon taxpayerssomeone else's money. And so again why
would you have someone who's never managedeliminate stand why would you give him one

(24:32):
of the greatest economies in the worldright and say, Okay, well now
you can manage this. He's notqualified to do so. And unfortunately,
the person that I believe that wasqualified to manage the economy, you thought
that he was a dictator, whetheryou like you know, I think that
you know a lot of the rhetoricand a lot of things that he said
were was was very unfortunate and verymisguided. And we all know that we

(24:55):
would all say that. But interms of being able to manage business,
UM, a lot of his policieswere spout on the help small businesses.
So, UM, any final wordson this particular topic. UM, it's
just I just want people to kindof to look at what's going on.

(25:18):
UM. I'm really concerned about theeconomy, particularly for working class at lower
wage earners. Doing stuff like raisingthe minimum wage to fifteen dollars an hour.
I'm not even arguing whether you whetherit doesn't need to be raised or
not, but raising it to fifteendollars an hour, it's going to price
people out in the market. Doingthings like killing the keystone pipeline for no

(25:42):
reason at all other than to tostart a special interests. It's killing jobs.
It already lost. I don't knowhow many thousands of a job when
he killed the Keystone pipeline like this. This is not how this stuff is.
This is not how this is supposedto work. You don't you don't
fix the economy. You don't getjobs about doing stuff like that. We

(26:02):
gotta go to break post. Wereright back to listening to The Todd Allen
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(26:22):
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Todd Allen Show on the FCB Radioand Network. Welcome I folks for listening

(26:49):
to the Todd Allen show. Nowone of our favorite segments. Really,
okay, this is this is actuallythe most bizarre thing, um of of
well, it's hard to say becauseit's it's bizarre on top of bizarre.

(27:11):
What's been going on, uh thelast couple of weeks. So in light
of the Capitol riot and I willnot say insurrection any word in New York
Times, uh, in the WashingtonPosts and all these other you know,
imbustiles used I won't use. Solet's just say the Capital riot. Um,

(27:33):
something interesting has emerged. Every moneysaw the picture of the guy with
the Viking habit all not in likethe fur. He's been like the poster
child for the capital the Capital riot. Mom, the idiot that was.
Yeah. So he is going toessentially, uh mount a defense and as

(27:53):
it's known illegal circles, it's thedevil made me do it defense. So
he's gonna say, uh that basicallyhe was doing what Trump quote told him
to do. Um. So hislawyer says, his lawyer being the guy

(28:15):
with the fur, and I'm tryingto basically the Sittimus article a Virginia man,
it's told the FBI he is heand his cousin march to the Capitol
because mister Trump said something about takingPennsylvania Avenue. Okay, and a lawyer
for the so called Qan shaman whoinvaded the building in a Viking costume said
that mister Trump was culpable and heplanned to ask the White House floe parted.

(28:40):
So this is the nonsense that thesethat these loans are using. Now
now the whole Well, anyone who'shonest, and there's a lot of people
who aren't honest. Heard Trump talkabout, uh, you know, peacefully
and patriotically, have your voices heard? I guess that doesn't really mean anything.

(29:03):
Also, even the Washington Post hascome out with a timeline that says
that the Capital march and the riotaren't necessarily one seamless event. In other
words, the people who heard Trumpspeak can possibly have left over lefty speech

(29:25):
and then going over to the Capital, which was a forty five minute walk
away and started breaking windows because theystarted before he even finished speaking. But
anyway, but this, let's getback to this loan. He basically says
that Trump made him do it.He was following Trump's order, and his
lord says he's willing to testify atthe impeachment hearing. So this is one

(29:52):
other nail in the coffin of personalresponsibility, where no one is responsibul for
their behavior. They can always pointto someone or something else. So I'm
pretty much I am so over thislack of responsibility. It was a few
thousand, uh, well tens ofthousands of people at the march and a
few hundred morons started breaking windows andgoing into the Capitol and selfies, and

(30:21):
now they're not responsible to get theTrump told him to do it when it's
evidence that it was pretty planned.So so this person, he deserves to
be ridicuted. And I do hopehe goes to jail for a very long
time. I heard he was upsetthat he didn't get a pardon. He
really thought he would get one.Yeah, he thought he would get a
pardon. Idiot. Yeah. Soit's it's it's pretty uh, it's pretty

(30:44):
sad that people can can be somoronic and they still don't know how to
accept responsibility. Well, and youknow, because I kind of go back
and forth from this because of coursethe argument it is stupid. But now
when he's trying to mount to defense, what the hell else can he say?

(31:08):
Yeah? Exactly, you know whatI mean like, of course,
the media is gonna make this abigger deal than it actually is, because
why the hell, why the hell? What did he say that I'm gonna
get his name? Right? Uh? Jacob Jacob Anthony Chansley, who goes

(31:32):
by Jake and Jelly, was photographedin many photos of the Capitalized due to
his outlantish outfit, the fur cladman. So yeah, Jacob Anthony chans
Lee really, uh, you're gonnasay Trump made you do it? But
what other arguments? Like, whatwhat other legal argument could he make?

(31:52):
There's we have to blame someone becausethe media, the media and many of
his members in our Congress have alreadyblamed Trump. So he's just piling on
and saying, well, hey,it's not now here's here's my thing.
There's no way that works in court, right, Oh, of course there's
no way. So it's you rememberthe ac DC lawsuit? Yes, you

(32:15):
you you you you were dinner conversationaround that time, but I have read
about the laws. Yeah, itwas a c DC lawsuit where some kid
committed suicide and his parents suited andsaid, if you play the records back
then, that it yeah, ittells him you know you to commit suicide

(32:37):
and they eventually lost for a longlegal battle. Yeah, I mean that's
it's protected speech, so you knowwhat I mean. But but again,
you know, Todd, what ifhe didn't make this argument, this legal
argument, what the hell else couldhe say to Bounded the fish? I

(33:01):
mean, Adam Shift or somebody talkto him, you know, wanted him
to be some sort of you know, witness whistleblower. What have you?
I mean, because this is kindof an endemic of what what they did
last time as well. Um,you know it's it's theater. It's a
great question. I have a greatquestion, y'all. I think this is

(33:22):
probably the most important question of thistopic, the most important one of the
great questions of twenty twenty one.If he testifies at the impeachment trial,
is he going to wear the outfit? That's just like that's like asking if
Flavor Flav didn't wear the clock.So you think the dude shows up in

(33:45):
the horns? Why not? Whynot? You know what? I would
tell you something. Now, I'mgonna make a prediction. This idiot is
going to become pretty wealthy wearing thatout It's going to be the number one
Halloween costume this year equally, justreal quick, because I know that you

(34:07):
don't you don't use the word insurrection. Are you familiar with the Bonus Army
when the storm Washington, DC inthe nineteen twenties over their pensions. Yeah,
yes, that wasn't called an insurrectionat that time, wasn't. No,
they've never used that word. Andit's so funny that in spite of

(34:29):
police stations is being burned down,the White House being attacked at one time,
uh recently, they've never used thatword insurrection. This media is just
trash and this one and and theseindividuals were they were part of the army,
right, I mean I mean literallythere was they were armed. Yeah,

(34:49):
they were armed, and it wassupport if someone had thrown a bomb
in the whole thing. So Imean it's yeah, and these people heard
that story, dar No, Actuallythat's that's news to me. Yeah.
Yeah, it was definitely a seriousconfrontation. And these clowns marked at the
capital. Yeah, they broke windowsand they went in there and took selfies.

(35:12):
And these I mean an insurrection ofclowns who basically just went in there
to to be silly, uh youknow, unarmed and luckily they weren't shot
down by by DC Capitol Police,but not say they should have. But
at the same time they would havegotten near the Vice president, there would

(35:32):
have been some bullets. Fine,Oh, no doubt. This was on
July twenty eight, nineteen thirty two, um in Infantry March um in Worston,
Washington. And then they actually setup camps outside. The General MacArthur
was actually there and uh, youknow it was actually trying to quell the

(35:53):
whole thing. So it was itwas just again when a lot of people
don't really truly understanding history, umor they do a revisionist history. They
look at it from one one perspectivewithout looking at from both sides. Um.
But you know, as you said, Cully, you know this guy's

(36:13):
defense the devil made me do it. Um This this is just sad that
this is where this is where we'vecome now, UMU. And and for
one side to use this kind offolly for political make political hay and the
media just goes locksed up with it. It just and as as Darvil you

(36:36):
say, a lot of times,it just really questions our intelligence, you
really y yep. And we're outof time, folks to be right back
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(36:58):
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(37:19):
folks, you listening to the ToddAllen Show. When you give a
special shout out to all of ourlisteners in India, Hey, thanks for
listening. Continue to listen. Andif you guys have a special request and
there's a message on Facebook and we'llbe sure to add one of those topics
that you're interested in. Again,shout out to our listeners in India.

(37:40):
Dario, Let's move to Something's economics. Ye should say Something's financial game stop
has just exploded over the past severaldays. What are your thoughts if you
have Darby and I'm gonna ask leavethe same thing. So I love it.

(38:06):
I love it because it's actually thelittle guy. Is David going up
against the goliath and David winning Thesecompanies and Charles Paine talked about this on
Fox Business. The heads fund companieshave been shorten game Stop stock forever,

(38:28):
so they benefit regardless if they bringthe company down. Even if the company
goes bankrupt, they still make money. So what started on a Reddit page,
a bunch of you know, regularaverage Joe investor said we're gonna boost
the stock up where they made abunch of money and the hands fund people

(38:52):
lost buildings, and as a result, there are people in that industry on
Wall Street freaking out saying we needto do something about this and all of
that. And I think it's justanother example. It's another data point about
the powers that be versus the littleguy. I'm all for it. I

(39:14):
know somebody who actually invested in gameStop and he just posted on Facebook today
that because of what happened. Hesaid he think the game stock because because
a game Stop he could pay offhis student loans. That's how much money
he made. So I mean,I ain't mad. I think it's I
think it's it's real interesting that peopleare trying to shut it down. I

(39:37):
think that tells you a lot aboutyou know, the how they get down.
But I'm all for it. Leavewhat are your thoughts? Well,
I'm sorry I didn't get in right. So to following the stock a little
while ago, about a year ago, and I made some other decisions and

(40:00):
it kind of fell off my radar. But to me, the issue is
every time the the elites, thepowers that be don't like something, they
shut down your platform. So evenmy broker, you know, I have
an account full disclosure with tr mereTrade, uh, which I which I

(40:23):
love my service there, so youknow it's Apple my phone I do on
my trading there. But they gottogether with a couple other brokers and began
to limit trading or activity in thestock because you know, they wanted the
control of the volatility of it.I can sort of kind of see what

(40:46):
they're saying. But at the sametime, they wouldn't have done this had
this stock but in free fall.So what you've had, you've had a
couple of activists investors pushing down thevalue of stocks by waging public campaigns about
their accounting methods and so forth andprofitability, and then we start to go

(41:08):
down and make a lot of money, but they can't control certain elements of
the social media sphere, so theyjust shut you down. We've seen them
doing this constantly. So I amhappy for the people that made money.
I am really sick that I didn'tmake money because the beginning it fell off

(41:28):
mod radar, and so I'm goingto be looking for some opportunities myself over
the next couple of weeks. Butyou know, bravo, bravo to these
guys for doing this. So whatdo you think, economics professor, Well,
there's a district economics and finance,and I just want to make that
distinction. Economics is a study ofchoices. Finance would be something like investments

(41:49):
in money management for currency management.Those guys that think so this, I
think is more more financial as opposedto quote unquote economics. I think this
is a difference between fund mental analysisand technical analysis. A lot of people
who let me explain the difference.Fundamental analysis is, Okay, what's the
company where they do, what's theirearnings? What are all these different u

(42:12):
spreadsheet analysis, et cetera, etcetera to determine whether or not you're going
to buy it by or invest inthe stock. Technical analysis is that you're
basically looking at the candlesticks, you'relooking at the psychology of the market.
I think that if a person wasa technical technical trader and they saw that
they made a ton of money becausea technical trader at the very least does

(42:34):
not really care what the company isor what the company does. What they
want to do is they want tosee what people are thinking and what the
movement's going to be. And ofcourse with many of your financial advisors,
they're fundamentalists, and so which iswhich is kind of be interesting. I
mean, why would you hire afinancial advisor and the financial advisors working for

(42:55):
living? I don't know. Anyway, So people made a lot of money
based on the technicals. They werelooking at the overall market in terms of
what people were thinking, what thepsychology was doing, and it made some
people angry. And the people thatit made angry are people who are supposed
to do this for a living andour professionals. So the professionals the ones

(43:17):
that have a lot of hour upset, and you underwashed masses that made a
lot of money. You made alot of people that are in our angry
And that's my analysism. Yeah,So I want to read this tweet because
I think it's uh, I thinkit's probably pretty much spot on. It

(43:43):
does have a naughty word in it, so just to trigger warning for anybody
listening. So this tweet said fromk from at k Herrihage. Wall Street
buried the little guy in two thousandand eight financial crisis caused it, profited
from it, got bailed out forit. The little guy takes it,
no bailouts, forced to start over. Now Wall Street gets crushed by the

(44:07):
little guy. Wall Street winds likea little bitch. Time for a reckon
bank. I think that's pretty fair. Yeah, I mean, and that's
kind of what happened in there.Yep. But the thing but but but
here's here's here's the thing too.You know, what goes up must come

(44:30):
down. No, none of thestocks go directly, you know, go
go straight up or they come straightdown. No, ever, that never
happens. And so what what mayhappen is that, you know, people
are trying to catch falling swords,or people might try to chase after something
that you know, chase a runningaway train. Um. I think at

(44:51):
some point, um, people aregoing to start taking profits. And when
people start taking profits, the stockis gonna become it's gonna come back down,
so you know it. Um.I think it was what they called
a black swan event. Uh.It's something that that that rarely happens.
But when it does happen, thepeople that that that get it at the

(45:13):
right time, they're the ones thatwin. But then the Johnny come latelies
or the subsecum latelies that they arethe ones that think, oh game stock
is gonna go higher and higher,those are the ones are gonna be left
holding the back at the end ofthe day. Um. And part of
the thing, part of the reasonthat this took off is because it was
it was sort of like, um, you know, a fight against the
man if you will, yes,yes, it was. It was completely

(45:37):
organized, it was planned strategized onReddit, and it was done specifically as
like you said, to fight againstthe man. And but don't be surprised
if Lawson's come out of this,don't be surprised if the sec on what
we got a minute left. ButI want you to explain that real quick
on what grounds. Well, onthe on the grounds that was you know,

(46:00):
um, basically they are they artificiallypumped this thing up right through through
media or through um social media topump it up. And the only ones
and the only ones that really benefitedwere the ones that basically artificially pumped this

(46:20):
thing up. And if people wereharmed doing this. There's gonna be lossuits
and you know, and a lotof times in the lawsuit is what you
can prove, right, So right, well, let me let me let
me read this real quick briefly,um and just get your thoughts on this.
So it's another tweet that says,so the SEC doesn't like the little

(46:43):
guy controlling the market and openly discussingwhat they planned to buy on social's driving
the market. But billionaires and TVshows have done this for decades. Market
manipulation is always happening, your thoughtsreal quick time. Well, Martha Stewart
was involved in that. She youknow, but she became an og in

(47:04):
prison. Kale y'all response to thatreal quick, and they won't be in
law suits because I mean, Iwasn't artificial and assist that people bought it.
The price went up and it's alreadycome back down. So I mean,
the only people who get in troubleare officially popped up. The stock
price already accountant to the auditors,not the buyers. M m m.

(47:30):
That's a good point. All right, Todd go to break right back and
listened to the Todd Allen Show.Did Paul Revere really say the British are
coming? And how is George Washingtonchosen to lead the first American Army.
Join us for the Growing Patriot podcast, a place for curious kids to ask
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(47:50):
top experts. Help your child learnabout and cherish America's exceptional history. Subscribe
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Show on the FCB Radio network.Welcome back focus listening to Todd Allan Show.

(48:28):
We come to a very special partof the program and it's called you
Be Dumb. I'll spell it fightd U M M wide period stupid.
The reason that bad things happened toyou, it's because you're a dumbam Okay,

(48:50):
so I have the dummy for today. It's actually been a crazy story
because our sisters showed the show thatI hold y'allo radio show. We posted
about this and it went virus.It is as of this as of this
recording, over two hundred thousand.So a cop, a preacher, and

(49:16):
a jiggalo walking to a bar.It just so happens that they're the same
person. So Jason Collier from Iforget the name of the city in Texas.
It's a city of two population twothousand people. He is the chief

(49:42):
of police, an ordained minister,and a certified hole. So he has
a two fiances, a bunch ofgirlfriends, and a whole a wife at
home. At last count, there'sabout ten women at least, and that's

(50:10):
those are just the confirmed ones.There are other women that are saying they
were involved with him too. Howdid he get caught, you ask?
He got caught because one of thegirlfriends put a picture of them on Facebook

(50:30):
a week ago, and another girlfriendsaw it. He also got caught.
Things began to unravel when he joinedthe police force as the chief of police.
They made the announcement on their Facebookpage and they mentioned that he was
married. He lied to one girlin particular, said he was not married,

(50:58):
that the marriage was an old andpresented her with an annulment with annulment
papers. Now the reason why he'sa dummy, of course, he's He's
clearly a whole and probably responsible formaybe twenty percent of the coronavirus cases in

(51:20):
Texas. The reason why he's awhole. Well, the reason we know
he's a whole, but the reasonwhy he is the dummy is because the
documents that he presented to the girlfriendto prove that his marriage was annulled were
fake. They were fake, fraudulentdocuments. And now he was placed on

(51:49):
administrative leave yesterday and now today hehas resigned from the police department altogether,
and he has been arrested for falsifyinggovernment documents. Idiot. So now not

(52:12):
only does everybody know that this preacherslash cop is us bigger low male jigglo,
they also know now he's a criminal. He's facing felony charges falsifying government

(52:37):
documents. Falsifying official documents is atalony. Well, so he is.
Jason Collier is the big dummy ofthe week. One of the things that
I would like to point out inthis story is the role that a very

(53:06):
popular talk show called The Outlaws mayor may not have played in this process
debo. Can you please talk aboutthat? So my co host the mail
cast of the show, who youalso know his name is Dante bry very

(53:30):
very very smart young brother. Makesure you check out our shoulder to take
a listen to him. He isblaming us and blaming me for the cop
being arrested, saying that it wasbecause of our video going viral which had

(53:50):
mentioned of him and falsifying the documentsin it, that we are the reason
why he went to jail, andhow and how soon, how soon after
your video on your show page wentviral did you notice or did you find
out that this gentleman have been arrestedthe same day. So I would say

(54:15):
Dante, who's a former student ofmine, by the way, yes,
brilliant, could be, could behonest something. But then the question becomes,
if you snitch on a cop,is it really snitching? Depends on

(54:37):
if you get stitching. So Idon't know if we were responded. I
know I put it like this.Our video was the main video that blew

(54:58):
up on on Facebook because it wasa young lady who did a TikTok by
the name of Kimberly Rose. Shoutout to Kimberly Rose. She was going
TikTok videos breaking it down, butyou can only do a minute long TikTok.
So I, you know, gatheredher videos and made her videos into

(55:19):
one video so that people could justwatch it and follow and follow along.
With the story. So our videoexploded. So and Dante is basically saying
that we're the reason why he gotlocked up. Yeah, does that mean
that you would have to testify?I don't know. I don't I don't

(55:46):
know, Todd, I don't know. I'm sorry. We have a minute
left. Okay. What happened toour co host Khalide is he is he
with us? Kalege? I thinkhe's having technical difficulties, but it's actually
an improvement because now he's having technicaldifficulties at the end of the show instead

(56:07):
of at the beginning, so he'she's getting better. Any any any,
any last words for our listeners.Probably got a good idea for a cop
to falsify government documents. Yeah,and especially if his girlfriend starts going on
TikTok, you might get a fullvideo on the Outlaws showcasee um. I

(56:35):
also want to give a shout outagain to our listeners. And yeah,
and uh to quote the great LateMuhammad Ali again. Service to others is
the rent you pay for your roomhere on Earth. Folks that say,
for the time Island show until nexttime, keep listening. The FCB Radio

(57:13):
Network first class broadcasting worldwide