Lowell Ponte SPECIAL SUMMER ENCORE

Lowell Ponte SPECIAL SUMMER ENCORE

Episode Transcript

Speaker 1 (00:12):
All aboard the Truth Express with your conductor Erskine, who
give you the latest on national news, politics, policies, business
and government issues.

Speaker 2 (00:26):
Welcome to the Truth Express with your host Erskine tonight
today whenever you're listening Loe Ponte, He's a man for
all reasons. He is a veteran think tank futurist. He
did wargames, he did planning on what's going on. He
is the person who was paid to look into the future. Uh.

(00:48):
He was roving Azer a bearside just fifteen years. Did
best game reporting in thirty three countries. He hosted talk
radio programs syndicated over three hundred stations. Dean Distance Learning University,
author of The Cooling, We've Seen the Future, it looks
like Baltimore. And money Morality in the Machine. All of

(01:10):
these books are in print. All of them are unbelievable.
Look at this The Cooling, global Warming, the big Deal,
Seeing the future it looks like Baltimore. It's all over
the country now. And money morality in the Machine. That's
what we're going to talk about right now. Topics that
include Trump exposing the left of plans to cancel the

(01:31):
right inflation, future of our economy, explains what's behind the
current conditions. It's supernatural World, wmd ind dot com. It's
all up at the Truth Express Radio Lowell. The economy
is scary to a lot of people. They're going to

(01:52):
the grocery store, they're watching prices. They're saying, bacon's up
eighteen percent. It's a little bit higher. It's really have
to bring home the bacon today for a lot of people.
And if people are buying cheaper cuts of meat and
everything else, if they even can find it. You've got
the same situation with gasoline prices. There are more than
twice as much, sometimes three times as much as there

(02:14):
was last year. Wages are not keeping up with it.
This is just a disaster for the country, and people
are going to vote their pocketbook.

Speaker 3 (02:25):
What can be done? What is happening? And how bad
gack is? That's question. It's very simple for you.

Speaker 4 (02:32):
Well, I mean I did write or co write with
Craig Smith, a book called The Inflation Deception right, two
hundred pages of analysis on just how deceptive inflation can be. First,
you have to realize we are living in an inflatocracy.
It is not a democracy. It is a government run

(02:53):
largely by inflation, and in fact, that's not unusual. It's
no beel laureate. Economist Friedrich Hayak once put it, with
the exception of one hundred or so years of the
American gold standard when it stopped. Briefly, history itself is
largely a history of inflation. Usually, inflation's engineered by government

(03:14):
for the gain of government. And that's the first thing
people need to understand about inflation. If you look, for example,
at the Austrian economist Ludrig von Meses, he put it
very simply. Inflation is not an act of God, said
von Mesis. It's not a catastrophe of the elements or

(03:35):
a disease that comes like the plague. Inflation, he said,
is a policy. It is deliberate. It is created by
government for the benefit of government. And until you realize that,
you understand nothing. You also have to understand just how
insanely you're being lied to every day by people who

(03:56):
claim that they want to silence those who engage in
this information or misinformation. For example, Joe Biden has blamed
everyone in the universe except himself for the current devastating inflation.
He's blamed Donald Trump, he has blamed Vladimir Putin. He
has blamed the greed of the oil companies, he has
blamed the greed of the food companies, and on and

(04:18):
on and on. It's always somebody else's fault, But in
fact it's entirely the responsibility of those like Biden in government,
those Democrats on the left who have And by the way,
remember the Democratic Party has been hijacked. This is no
longer the democratic party of your grandfather or great grandfather.
This is now an outright party of socialists and Marxists.

(04:41):
And what they are engaged in is a deliberate return
and magnification of inflatory policy. They use it quite deliberately.
Inflation is a hidden form of taxation, right, that's what
it is.

Speaker 3 (04:57):
Right.

Speaker 4 (04:58):
It is being used to destroy america independence and to
make driving non electric vehicles beyond the reach of most Americans.
For example, the price of fuel oil is up by
at least seventy one point five percent, right, even in
the least extreme parts of the country. So welcome to
the brave new world of what neo Marxists call modern

(05:21):
monetary theory. We're no longer living under capitalism. According to them,
the essence of modern monetary theory advanced by the likes
of Alexandria Cossio Cortes and others, is that the government
can operate entirely merely by its exclusive power to print
paper money. It wants paper money, or it wants money,

(05:43):
it just prints it. And that, of course has a
devastating effect on you and me, because we are downstream
from that money. They print it, they spend it while
it still has value, and then they pass it on
to us. And what it's doing is utterly destroying your
life savings. It is utterly destroying your wages. This is

(06:07):
the essence of inflation, and there is a long historic
pattern as to what happens. Government then blames everyone else.
Government then, and this goes back to Diocletian in the
Roman Empire and many others, as inflation happens, they will
impose wage and price controls of one kind or another,

(06:30):
and as a result, the things that used to be
available to you at the market suddenly are no longer
available because it's simply not in anybody's interest to produce
it for the value that exists. Biden, for example, has
been gross has been destroying America's energy and dependence, cutting

(06:50):
off our Canadian pipeline, cutting off American oil exploration and development,
cutting off American drilling on government land, and doing a
hundred other things designed to make it impossible to produce
energy at a reasonable cost. And then they of course
blame the energy producers for not producing How dare you

(07:14):
do that? But it's just not cost effective to do so. Understand,
these politicians have no limitation in their heads at all
as to their own power. They believe that they can
pass a law to do anything. As we've discussed before,
the politicians really, in their hearts believe that if they wanted,

(07:37):
they could pass a law repealing the law of gravity.
Right right now, I wish they could. I mean, I
could stop dieting if they repeal the law of gravity.
But the reality is they can't, and likewise they can't
repeal other natural laws like the law of supply and demand.
You know, if they give you twice as many paper

(07:57):
dollars and say, well, go down to the super and
buy yourself some catalope, well that's fine, except if you
have twice as many dollars, it will almost instantly turn
out that the cantalope now suddenly costs twice as much
to buy, because after all, it costs twice as much,
or it costs that much to produce. You can't just

(08:18):
make that go away. And Joe Biden, turning to Saudi Arabia,
you understand that the US dollar ceased to be based
on a gold standard in nineteen seventy one when Richard
Nixon hacked off the last anchor to gold, which was
the anchor of the euro dollar. That if European nations

(08:39):
were told, if you want to bring your central banks
euro dollars and exchange them for gold, we will still
let you do it. And then France one day said, well,
we're just about to come with a whole big stack
of euro dollars and clean out Fort Knox because we
have enough to do that. And lo and behold, Richard

(09:03):
Nixon's reaction to that is, rather than lose the last
of America's gold reserves, he would simply no longer exchange
them for dollars. The problem is the dollar fell by
a third of its value almost immediately when he announced that.
And under those circumstances, Nixon cast about and came upon

(09:25):
Saudi Arabia, our longtime ally, because at least we were
a godly country, unlike the godless Soviet Union. And Nixon
said to Saudi Arabia, in exchange for our being willing
to pour out American blood to protect the government of
Saudi Arabia, we would like to be able to have

(09:47):
you guarantee, as you've done in the past, that you
will accept only US dollars in exchange for your oil.
And Saudi Arabia said fine. And almost like that, the
dollar went from a gold standard that it had been
secured by to an oil standard because people had to
have US dollars to buy Saudi Arabian money. By the way,

(10:11):
for those who wonder what does it mean to live
under modern monetary theory, you have to understand the con
game that government plays. I mean you and I. We
would look at dollars, we would say, well, we're being
taxed in dollars, but we choose freely to go to
some other currency. We would rather live with euros. We

(10:33):
would rather live with money printed called erskine bucks that
can be used to buy and sell in And the
government would say, no, that will not be permitted because
the reason you are going to bow down to the
US dollar is that we will accept payment of your taxes,
which are imposed very steeply, only in US dollars. Anything

(10:58):
else you will pay an additional tax on, as if
you were bartering, if you were trading one thing for
another at the yard sale. And therefore the only money
that is acceptable to us for the payment of taxes
is US dollars, and thereby Americas are forced into a
US dollar system. We are forced to work our lives

(11:21):
away to receive pay in dollars. And this is, needless
to say, a rather destructive system, but one that was implemented, well,
you could say, implemented in various times and places, but
mainly by Woodrow Wilson.

Speaker 2 (11:40):
Let me ask, Let me ask a quick question. As
the dollar still being taken. Understand that Saudi Arabia won't
take the dollar, so they are going more to the yah.
You on, now, if we are not allowed to use
the dollar as the world's reserve currency, isn't that making
everything cost a whole lot more?

Speaker 4 (12:03):
Well, it certainly costs the government more in the sense
that you see government now can simply manufacture as much
money as it wants. In fact, there was a moment
during the Obama administration when Barack Obama actually came to
his Committee of Economic Advisors and said, I've just discovered
this provision in the Treasury law that says, my appointed

(12:26):
Secretary of the Treasury can print platinum coins of any
size or denomination he wishes, in any quantity he wishes.
And it just occurred to me. We're not printing platinum
coins now, but I could simply order him to create
to mint two platinum coins each denominated at one trillion dollars,

(12:52):
and we can pay off a large chunk of our
EA that way. Yes, of course, he could also just
print to pieces of paper that will say on them,
this bill is legal tender. That, by the way, is
the difference between an erskine buck. If you did that,
you would be jailed for it. But if the government
wishes to counterfeit money, it only has to print on

(13:14):
if this money is legal tender, must be accepted as
payment for all debts public and private, and voila, that
is real money, real money. In other words, the government
can say, okay, I have a contract here that says
I owe you two trillion dollars. Right, okay, here are

(13:36):
my two little platinum coins at a trillion dollars each.
Our debt is now ended.

Speaker 3 (13:42):
With that way, I stig and break and we'll be
right now.

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Speaker 2 (14:54):
It's how the Arabius man is number one, we're dealing
with Iran number two. They do not want to take
the dollar anymore. Now, that's a very bad situation. If
they won't take the dollar, what's going to happen? How
are we going to get the oil that we need
and everything else that we need.

Speaker 3 (15:12):
To keep going?

Speaker 2 (15:13):
I mean, is this is not a problem, little pot thing?

Speaker 4 (15:17):
Oh, it means the dollar is floating. If Saudi Arabia
they technically still do accept the dollar, They've only said
they will accept you one from China as long as
China is buying oil with it, and.

Speaker 2 (15:31):
Rocher wants everything done in rubles.

Speaker 4 (15:35):
Done in ruble. Sure, right, So this is how they
back their own currency by tying it to something real. Now,
if you wanted to prevent that, we could discuss the
gold standard and what it implied when we had such
a thing. But no, it means that the dollar can
be broken apart from anything of real value the moment
Saudi Arabia s is or that they are simply not

(15:59):
going to scept the dollar for oil anymore. That would
not have been true under Donald Trump a brief four
years despite from insane economics, because Trump had actually made
us self sufficient in oil. We actually were able to
export oil again, and that means we could have taken
the place of Saudi Arabia in such an arrangement, we

(16:21):
would have directly backed our dollar. But the entire game
being played by governments nowadays is most governments print paper money,
and this gives them the ability to always print more
money than there is productivity. In theory, there should be
a balance between how much the society is producing and

(16:41):
how much money it's actually issued. We prevented a great
deal of trouble up until twenty six or nineteen sixteen
because we had a gold standard, and what that meant
is every dollar was worth a defined amount of gold
and guaranteed that if we were not if we printed

(17:04):
too many dollars, if we printed more dollars than we
had gold, the government nevertheless had to pay off the
value of the dollar in gold. That ultimately was banished
by FDR by Franklin Dillan or Roosevelt Provide Democrat in
nineteen ninety two.

Speaker 2 (17:23):
Now, now, low, let me ask you a question. The
dollar was backed by the full faith and credit of
Federal Reserve and by the credit of the United States Government.

Speaker 4 (17:32):
Which means absolutely nothing.

Speaker 2 (17:35):
Right But right now the debts of GDP is one
hundred and twenty nine percent. I've never seen it that
high in my lifetime.

Speaker 3 (17:45):
No.

Speaker 4 (17:45):
Even during World War Two it did not get that high.
It only got up to about one hundred and fourteen percent.
But we were conquering the world and we were not
being destroyed while the rest of the industrial world was.

Speaker 2 (17:57):
But can you survive? Can your money survived at one
hundred and twenty nine percent debt to GDP? I mean,
talk about being under even a drunken sale or quit
spending money when he runs out of it?

Speaker 3 (18:11):
You know we've run out of it.

Speaker 2 (18:12):
We can't be giving billions to the Ukraine and billions
to this, that and the other. It's insanity. At this point.

Speaker 4 (18:23):
You have to keep in mind. I'll give you an
example because in our book The Inflation Deception, I actually
wrote a chart of thirteen points to help you make
the transition right from thinking like someone in a capitalist
society to thinking like someone in an infhlantocracy, which is
a whole different kind of creature. Right and an infhlantocracy.

(18:44):
All that matters is one thing. Are the government printing
presses still working? Can you still print dollars on them? Well,
then we're not out of money. We're not out of
money as long as the printing press and the paper
is there because the government can always make more or
very much, as the Buymar Republican Germany did in up

(19:04):
till nineteen twenty three, when well, how bad did it
get under Vymar? Under Vymar, you've all heard the stories
of how if you wanted to buy a loaf of
bread you had to have a wheelbarrow full of money
right right down.

Speaker 3 (19:20):
And but what good does it do?

Speaker 2 (19:23):
What good does it do to print something that isn't
worth anything? That does so good?

Speaker 4 (19:28):
As long as someone can be gulled into accepting it,
it can work. And by the way money operates in
the human brain, very much the way drugs do. As
I'll explain when we come back after this. But it's
only because of that that you're willing to do it.

Speaker 3 (19:44):
We'll be right back, We'll be right back.

Speaker 2 (19:49):
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fantasy of socialist spending. After spending a two point one
trillion dollar stimulus, the president and the Democratic led Congress
have introduced another three train dollar plan to add to
our instrumentable death, seeking to raise taxes on Americans Mickey,
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(20:09):
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(20:58):
sort of like, here's a go. You just have a
data cost you twenty dollars or somebody give you ten dollars.
Fill up your tank? No more, no more, here, little boy,
here's ten dollars. Go fill up your tank. I know
it costs you something to get here. Ten dollars. It
doesn't cover it. It doesn't cover that's two gallons of gas.

Speaker 3 (21:18):
Maybe.

Speaker 2 (21:19):
I mean, it's absolutely incredible what's been going on and
lo all this this is something that wages cannot keep
up with. They just simply can't. We've got the other
problem that you've got a lot of the companies that
are being burned down, apparently crashing all the food companies.
Are we going to be looking at famine also addition

(21:41):
to what we've got. But you were saying that money
is a lot like a narcotic Tell me how that
could be? That was too interesting to let it slip?

Speaker 4 (21:50):
What's What's Those psychologists who have studied this have given
people a choice. The choice is, which would you prefer
to get a two percent ray is in an environment
of one percent inflation, or to get a four percent
raise and in an environment of five percent inflation?

Speaker 2 (22:09):
Obvious because you're actually a getting out of one percent. Addition,
you're doubling. He is a much better deal, of course.

Speaker 4 (22:18):
But you see, irrational, that's the difficulty. Most people view
money irrationally, and they tend to prefer a four percent
raise because it's bigger, even though that raise is entirely
eaten up by inflation. By the way, it's more than
happening now. I hate to tell you, but you talk
about how deep in debt we are, In fact it's

(22:43):
very optimistic. You forget all kinds of little things, like
we've already made promises to people on social security. We
have an unfunded liability to pay all that off, if
only to prevent a violent revolution in the country. And
as a result, we owe oh one hundred and seventy

(23:04):
five one hundred and eighty percent at a minimum wow,
for various reasons. We also are are in debt in
other ways that mean we have to pay off into
the Oh my god, you can't even imagine it, but
we already owe more than a quintillion dollars. Where we
don't just owe a few tens of trillions of dollars,

(23:28):
we owe astronomical amounts of money on out into the
future that eventually have to be paid or they have
to be monetized. Photocracy what they always do ultimately is
monetize the debt.

Speaker 3 (23:41):
That is the debt too. Who do we owe that too?

Speaker 4 (23:47):
Well, in one way or another, we owe it to
anybody we've ever made a promise to in the form
of welfare or other things. You see, the problem is
that our economics see people say, oh, well, we must
have separation of church and state. Well, okay, why don't
we have separation of money and state. Why don't we

(24:10):
have currency created by a non government entity that can
do so. Honestly, why don't we go back to a
gold standard. That means the politicians are limited because they
have to match every dollar with a certain amount of gold,
limited in how much money they can print. As long
as they're free to print money, there is no limit

(24:31):
to how much debt they can run up.

Speaker 3 (24:34):
So politicians.

Speaker 2 (24:36):
Politicians buy votes, and that basically is a debt to
a large degree. Is their boote buying promising something for everybody,
like pre college tuition.

Speaker 3 (24:47):
That's a boot buy, isn't it.

Speaker 4 (24:49):
Well, they want to pay off the student loan debt, right,
people undertook sign on the line for said they would repay,
and now there is something like one point seven trillion
dollars to be repaid, and Joe Biden is talking about,
oh well, maybe I can just wave my magic wand
and by executive order may call that debt vanished. No,

(25:12):
boys and girls, that debt is owed to the US government,
right an Act of Congress, and only Congress can be
involved directly in debt that way, at least theoretically, So
everything Joe Biden has been doing is technically illegal. But
then that shouldn't surprise us. You look at Article one,
Section eight the Enumerated Powers Clause in the Constitution. Nearly

(25:34):
ninety percent of everything the US government does at all
is illegal in the sense that it doesn't comport with
the limits of the Constitution.

Speaker 3 (25:45):
A question.

Speaker 2 (25:47):
With everything happening, though, how long is this inflation going
to go on? Is there any way to stop it?
Seems to me it's almost like a runaway train right now.

Speaker 4 (25:58):
Well, to a degree, could create your own gold standard,
that is, you could invest in gold that would give
you something that at least would rise with the inflation
in theory, But of course the inflation is about to
go hyper. And as it does, the government has found

(26:20):
ways to hold the value of gold within limits, right,
I mean, gold should be costing five thousand ounce now, sure, sure,
but it isn't. And the reason is government creates paper
gold and engages in the international money manipulation to help
hold that down. This is the power of government being

(26:41):
able not only to use dollars but to use them
in various forms of international banking that manipulate the global
money supply and the wealth of everybody's money. In a
world where all these different countries China, Russia, England, whatever,
are in the business of trying to get as much
much value for as little honest money as they can. Right,

(27:05):
and they just keep printing money fast enough that it's
a constant race to the bottom to see whose money
is worthless. Even though Friedrich hayak as I said, a
Nobel laureate economist, had proposed that we let you operate
with your choice of money freely, instead of taxing you

(27:25):
for owning gold or for buying euros or whatever, anything
that constitutes a traditional, historic currency, you should be able
to buy and trade in. And that would at least
let the currencies compete directly. You know, if they make
the dollar too dishonest, everyone just moves to euros, right,
and the dollar is threatened with sinking. That would become

(27:47):
something like a gold standard, at least a little more
like it than it used to be.

Speaker 2 (27:52):
So we are on the precipice of what I'm gathering,
of being Venezuela. You wake up one day, you bear
buy things right now coast tomorrow they're going to be
double the price. We are on the precipice of being Venezuela.

Speaker 4 (28:07):
And in a way it's even worse than that, because
the good thing about modern monetary theory. In theory is
that nobody has to pay taxes, at least not direct taxes.
All you have to pay for is the problem that
every day your dollars are worth a little bit less,
and so, as they found in ymar Germany one hundred

(28:28):
years ago, the way you deal with that is go
deep into debt, because you're going to be able to
repay that debt with dollars that are dirt cheap. I
mean you will literally. I mean they had problems in
vymar Germany where someone would go into a cafe in
Berlin and order a lunch that costs five thousand reichs,

(28:49):
and by the time the lunch was served, the cost
had gone up to seven thousand reichs. Wow, I mean
in the course of an hour or less. So that's
how fast money was to integrating, and that could easily
happen to us, especially if our dollar were no longer
the world currency. But they have to keep taxes in

(29:09):
proposed because a it allows them to reward their friends
and punish their enemies who are in the government right right.
It allows a welfare check to still have some purchasing power.
For example, It also gives the government great power because
most taxes, a lot of taxes are now Pygovian as

(29:33):
they're called an economic terminology a tax. A Pygovian tax
is not. And think of it as having pig in
the name, because it tells you a lot. The purpose
of the tax is not to make money for the government,
not to create revenue. The purpose of the tax is
to punish their enemies or to make policy through taxation.

(29:55):
You've heard of syntaxes for example, right, we're seeing that
more and more right now, then, oh yes, of course.
Well what did they do when Elon Musk threatened to
buy Twitter and allow free speech on it, when they
were in the process of moving as fast as they
could and among the socialists to abolish free speech, Well,

(30:18):
they decided they were set. In a matter of hours,
they announced the Justice Department was now investigating Elon musk
company Tesla, to see if they could break its back economically,
right and hand to eliminate his ability to buy Twitter.

Speaker 2 (30:34):
And also a wealth tax. They want to do a
wealth tax to take away a lot of his money,
so he couldn't do that either.

Speaker 4 (30:42):
Now, let me ask, and you make a key point there,
because of course they hate the wealthy because the wealthy
are little islands of independence. They can stand against the government,
They can create a think tank, they can employ others
who disagree with the government. And the government does not
want anyone allowed to disagree with it.

Speaker 2 (31:01):
No, no, they don't. Now let me ask you. Let's
switch topics just for a second. Russia's had announced that
there at war with NATO. Could it go nuclear? And
how bad will it get? This is very disturbing. What's
going on there? What do you see with Russia and
the Ukraine.

Speaker 4 (31:22):
Well, let's remember first that Russia, the Ukraine, the United States,
and the United Kingdom all signed a mutual agreement back
under the Clinton administration. Right, is that if Ukraine surrendered
the nuclear weapons on its soil that had been left

(31:42):
over from when it was part of the Soviet Union,
then all those countries stood to guarantee the sovereignty and
territorial integrity of Ukraine, right, and they would not allow
it to be invaded. What happened, Well, under the Obama
Biden administration, Ukraine was invade, Crimea was taken, other parts
of the eastern Ukraine were taken by Russia. And did

(32:07):
we do anything?

Speaker 3 (32:08):
No?

Speaker 4 (32:09):
Obama just sat and folded his hands. Biden sat and
folded his hands, and Russia was allowed to engage in
outright aggression and theft, much as Katherine the Great had done.
By the way we saw Angela Merkel leave office recently,
the Chancellor of Germany, Angeler Michael, on her desk had

(32:31):
a painting of Katherine the Great took Ukraine in those days.
She also helped appoint the former German chancellor who would
oversee the pipeline from Russia to Germany right under the
North Sea. So what we're seeing is an incredibly course.

(32:52):
Then again, Angela Merkel was not really a German. She
was born and raised in East Germany. She grew up
speaking Russian.

Speaker 2 (33:00):
But what we're saying now is Germany is offering tanks
through the Ukraine.

Speaker 4 (33:04):
They just announced that, Well, what good is a tank
if your opponent has nuclear weapons?

Speaker 2 (33:13):
Well, well, did Ukraine give up all their weapons or
did they hold a few back just in case? They
had over three thousand nuclear weapons? So did they hold
back a dozen or so? What do you think?

Speaker 4 (33:26):
Well, there were these stories that in the closed confines
of that defective Russian reactor right far north of Kiev
or Key. Yeah, Kiev, there were potentially hidden a couple
of nuclear weapons. Sure roundly interesting right now in the

(33:50):
case of nuclear weapons, what would we do since our
arsenal does no longer include nuclear weapons. Under John Kennedy,
we had routinely deployed with our NATO force as a
type of weapon called a davy crocket. A davy crocket
was a nuclear bazuka one temph of a kiloton nuclear
blast that could be fired from the back of a

(34:12):
tank like a bazuka, or from the back of a
jeep for that matter. But all of those were withdrawn
and today we supposedly do not have tactical nuclear weapons.
Russia does, and Russian military doctrine calls for their use
right down to immediate battlefield purpose. So if they used

(34:35):
a tactical nuclear weapon, could we respond with something of
the same size and magnitude. Reportedly, no, we couldn't.

Speaker 3 (34:44):
Well.

Speaker 2 (34:44):
The other thing is that they were requesting Singer missiles,
the Singer missiles Raython to make Stinger missiles and send
them over too. So the Ukraine Raython said, yeah, we
might be able to do that by twenty twenty four.
We can't make them right now that we haven't made
one seventeen years. There's going to have to be some
changes in et cetera, et cetera. Plus they are getting

(35:06):
in the equipment we can't get in the computer chips
for it.

Speaker 4 (35:10):
A stinger missile is good against helicopters and so on,
but it's a very limited weapon in the that's something
about twenty thousand feet with one.

Speaker 2 (35:20):
Yeah, But the point I'm making is the Raython said
we can't get it to you for at least two years.
We're in capable of making it now. That is that's
an incredible position for the mighty United States to be
in and say we can't make it for you. The
company can't make it now.

Speaker 4 (35:37):
Actually put in your heart you know that if it
were needed by the US itself directly somehow, they'd appear.

Speaker 3 (35:46):
Well.

Speaker 2 (35:46):
I hope, I would hope so. But the supply chains
are not good for creating any weaponry right now, and
we are behind. We haven't made one seventeen years. That
shows you that we are behind, and a lot of
our weaponry to fight, and we've got a woke army
right now, we're not capable of fighting right now.

Speaker 3 (36:06):
I don't think not so well.

Speaker 4 (36:08):
Remember the entire economic mess in Europe as it exists
as a result of Eisenhower after World War Two, facing
the Russian army millions of people, great military power, asking
how can we stop that? We don't want to leave
a million of our own men stationed permanently in Europe. Right,

(36:29):
and Eisenhower's conclusion was, we are going over to nuclear defense.
And more than that, because Europe cannot afford to defend
itself against the Red Army, we are putting our nuclear
umbrella over Europe. As a result, the European nations didn't
have to spend money on the military significant labor. They
used the money instead.

Speaker 2 (36:50):
The Biden administration is quickly moving to implement the liberal
fantasy of socialist spending. After spending a two point one
trillion dollar stimulus, the President and the Democratic led Congress
have introduced another three train to our plan to add
to our instrumentable death, seeking to raise taxes on Americans Mickey,
as little as two hundred thousand a year. Have you

(37:11):
seen the immigration footage eighty seven million putting illegals in
hotel rooms and our troops sleeping on parking garage floors?
Could this be the biggest single gold buying opportunity in
the history. Well Wells Fargo and Goldman Sachs say this
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(37:31):
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(37:55):
talking with lol Bonsei Law with gold.

Speaker 3 (37:57):
I've got five minutes left.

Speaker 2 (37:58):
As has been an incredible virtual tutorial on what's happening. Now,
let me ask you as we go into the final
five masts, what can we the people do?

Speaker 3 (38:09):
What can we do? What do you recommend?

Speaker 4 (38:13):
Well, there are many things that theoretically we could do.
One problem I was saying is that because Eisenhower put
the US nuclear umbrella over Europe and saved at expense
costs after World War II, their countries used excess wealth instead,
not for tanks or bombs, but for a welfare state.
One thing we could do that is long known is

(38:35):
we simply say to everyone on welfare, okay, you have
a choice. You can take the welfare check that we're
offering you now, but if you do, you are forfeit
from casting a vote in any election for the next
twelve months. You can bring back your vote automatically anytime
by just ceasing to take welfare for twelve months, and

(38:57):
you will be free to vote. However, you can find
very few people who'll do that. Half the population is,
to one degree or another, in effect on welfare. Now.
Better than one out of five males in the country
are not employed, especially young males. A third of them
are living at home with mom and dad. Of the
Rileylan younger generation males are being devalued in a ridiculously

(39:22):
intense way, but they're not counted as unemployed for the
simple reason that they're not even seeking work. And you
want to get counted as unemployed if you are actively
seeking a job. They're not. They're just getting a government check.
And the government's idea now is we're going to give
everybody a permanent, automatic income forever. It won't be a

(39:44):
huge income, but it'll be enough that you and your
friends can get together, rent a house, live happily without
having to lift a finger, just smoke dope watch porn
on TV live Happily ever after. And that's the kind
of world we've created for a large part of our population.
We need to separate that, or we'll never have enough

(40:06):
productivity to even be able to think of getting out.
We also know that inflation is nearly stratospheric. We're into
double digit inflation for almost everything, for food, I mean
everything that the government doesn't discount because it's considered volatile,
like the cost of fuel, the cost of food and

(40:26):
so on. These things are minimized because gee, they might
change a year from now, they might change six months
from now. They're not permanent inflation as the government sees it,
but of course they are. And they're draining everyone's savings.
They're making everyone dependent ultimately on government. And as long
as we're doing that, we're headed down an inevitable road

(40:49):
to doom. Now, you can invest in precious metals, though
one hates to say that precious metal is by the way,
how I define lead, right, You can buy bullets. You
can buy bullets will.

Speaker 3 (41:04):
Be a very good right now.

Speaker 2 (41:07):
Now when you looking at the situation, Uh, there are
a lot of companies that can't even open up the
groceries are closing earlier because they can't get people to work.
I've never seen that happen before.

Speaker 4 (41:18):
Well, the government's made it in effect, paid people not
to work.

Speaker 3 (41:23):
Wow.

Speaker 2 (41:23):
Now that is part of their destroying Judaeo Christian system
of the work hard and get ahead and that type
of thing of the Judaeo Christian work ethic. They're destroying that.
They are destroying our entire system of morality. This is
the ultimate basis of it. And the basis of it
is that what's coming in, in my opinion, is satanic, demonic,

(41:47):
whatever you want to call it.

Speaker 4 (41:49):
Oh, I would agree. I don't have time to read
my entire table now of how the capitalist mentality is
different from the inflation this or in photogracy mentality. But
simply point one, a penny saved is a penny earned,
as Benjamin Frouston wrote, right, that was capitalism nowadays that
has been replaced by a penny saved is a penny

(42:11):
lost to inflation.

Speaker 3 (42:13):
Right.

Speaker 4 (42:13):
Saving money is foolish. You should spend it immediately, right,
And in fact, that is the way to survive in
an intalotocracy, because the money is going to lose value
day by day, even hour by hour, so you spend
it as fast as you can.

Speaker 2 (42:30):
Yeah, but that runs contrary to everything we were taught.
Every rule of Judeo Christianity. We were taught was not
to go out and just blow money. But that's what
you're saying, Do it now, because it's cost you twice
as much later.

Speaker 4 (42:46):
Yeah. I mean we were all taught to save for
your retirement. Well, you're not going to have anything left
by time for your retirement right now. The wholesale price
indexes are up more than twelve percent, right, So that
means is that's the price coming at you right now.
That's the new inflation that will be added onto the
inflation you've gotten. Now, Is that ever going to be

(43:07):
paid off? I seriously doubt it, because you'd have to
have people willing to work, or you would have to
completely dismantle the socialist party that's now running the country.
I mean, they have to be torn from.

Speaker 3 (43:19):
Power WMD dot com. Thank you, Paul, thank you all.

Speaker 1 (43:27):
Aboard the Truth Express. You can listen on your favorite
podcast app or local radio station.

Speaker 2 (43:40):
Patriot Gold Group Consumer Affairs operating five years running where
You're Ira or four O one Cake Call eight hundred
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