Episode Transcript
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Speaker 1 (00:10):
Warning the Root, the Root, the Roots on fire. You're
about to experience the most high oar Chaine Pedal to
the metal controversial show of your life. Please buckle up
and hold on tightly. This station is not responsible for injuries.
This is Wayne Allen Roots, direct from the entertainment capital
of the world, Las Vegas. What time is it? It's
(00:31):
time War War. Here's your host, one hundred percent raw truth,
one hundred percent American made the Warrior, Wayne Alan Roots.
Speaker 2 (00:54):
I love the back seven minutes after the hour, the
very first show of December.
Speaker 3 (00:59):
My name is Lee Elsie.
Speaker 2 (01:01):
They call me the Voice of Freedom here in Connecticut,
broadcasting out over the entire country. Of course, Warzone is
the name of the show. Wayne Allen Root will be
back tomorrow and again. He'll be right back there in
his studio in Las Vegas. You can watch what's going
on at Patriot dot Tv. That's an awesome location. You
should save that on your browser, have it there for
(01:23):
you all the time. Of course, you can watch Wayne show.
You can watch my show each and every morning six
o'clock to ten o'clock on Patriots Rumble channel, which is
always awesome. The Gateway Pundit has US as well. You
can go to Root for America, Wayne's Ghetter, Wayne's Rumble,
and X as well to watch everything and anything. You
can email me Lelsiradio gmail dot com, send something my
(01:45):
way and we'll go back and forth that way. You know,
it's not a friend of million now. I know technology,
technology hates me. So in the break, I went to
a website that I've gone to a bajillion times to
do something that I've done a bajillion times, and then
sort of the part part of the website that I
would click on to do what I wanted to do,
(02:06):
not there am I a missing in action? So then
I'm just I'm sitting there searching like a dope looking
around the website and you can't find it nowhere to
be found. All right, A couple of things I want
to talk about here in this segment. One Number one
is again kudos. I don't agree with everything Trump does, right,
(02:28):
I mean, I just I have some things that you know,
he sort of broaches on that makes me uncomfortable. But
I'll tell you, man, knocking these boats out of the
water filled with drugs, I am all about it.
Speaker 3 (02:41):
I know.
Speaker 2 (02:41):
Now there's been some backpeddling. You know, some of the
folks are getting a little wishy washy, a little you know,
a little squeamish when it comes to this stuff below
them to smithereens one after another after another after another.
Speaker 3 (02:57):
I'm all in, I'm all behind you with this.
Speaker 2 (03:00):
You know, these are people who are coming to this
country spread and poison, spreading the you know, this drug
trade that is killing millions of Americans.
Speaker 3 (03:11):
So, you know, finally we.
Speaker 2 (03:13):
Actually have somebody who's aggressive in the war on drugs.
Speaker 3 (03:16):
And still you've got people who are like, no, you
can't do it. What about due process? What about this?
What about this?
Speaker 2 (03:22):
Oh, they're this, they're fishermen. None of that is true,
none of it. First of all, they don't get due
process throughout in the middle of the of the ocean.
It's a completely different dynamic. And it just seems to
me that there are cases where the DEM's progressives they
they just want to be contrariant to what is a
good idea and a solid idea.
Speaker 3 (03:44):
So keep blowing those boats completely out of the water.
Speaker 2 (03:50):
I want to talk about how though we are at
a crossroads, we are, we are at crossroads maybe more
dangerous than any battle field our father has ever faced.
They you know, they confronted kings across oceans. We confront
a government that is built on debt, and we have
(04:14):
had to face off against the government that is lined
with unscrupulous serpents who are only out for themselves. And
the chains today are not forged and ironed. But again
back to debt, to regulation, to surveillance, and that money
(04:36):
printing that never sleeps. I told you today was going
to be about money, and yet the remedy today is
the same as it was in seventeen seventy six. Courage, clarity,
and the unshakable refusal to live on your knees. That
(04:56):
is what makes Americans Americans gray. And the hour is late,
but it's not too late. What has to be done
not tomorrow, but today. It has to be done today
and every day up until election day. We have to
balance this budget somehow. We have to figure out get
(05:17):
people in place in Congress that are willing to forge
forward with that, because borrowing from your children is going
to be the ruin of the United States of America.
And as I've said to you already, in twenty twenty five,
we spend more than a trillion dollars just to pay
interest on debt. That's more than the national defense, more
(05:40):
than medicaid, medicare, more than any other discretionary program that
we have. That's not governance.
Speaker 3 (05:49):
That's theft across generations.
Speaker 2 (05:52):
And I think it's that's being fueled by these unscrupulous
diaballa anti American people hiding.
Speaker 3 (06:02):
Behind the scenes, and.
Speaker 2 (06:08):
They just are all about power, and to keep power,
they have to make promises and to keep those promises,
they have to spend money, and to spend that money,
they have to print it. And they are mortgaging your
kid's future. It's a theft across generations. Pass a balanced
budget amendment, do it with teeth. No more continuing resolutions.
(06:30):
By the way, that's all we got is a continuing resolution.
There's no balanced budget, there's no budget. They're monstrous omnibus monstrosities.
Speaker 3 (06:39):
So we have to be.
Speaker 2 (06:42):
Accountable for every dollar that we spend, every dollar that's
debated on the floors of Congress. We need to know
where they're going, where it's going. And Congress should only
spend what it taxes. It shouldn't spend more money than
it has. Sure, now you may say, well, what about
(07:03):
in a case of a dire emergency. Okay, well, if
we're at war, it's a different scenario. But what's the
excuse for the last forty years. The Constitution is not
a suggestion, ladies and gentlemen. It's not a suggestion. We
have to adhere to it. We have to follow it.
Less is more, less government is more. We have to
(07:27):
reign in the federal reserve. We have to return to
some semblance of sound money. I mean, think about how
much power that we have given, how much purchasing power
that we have given over.
Speaker 3 (07:46):
Just hand it over to these bureaucrats.
Speaker 2 (07:50):
We must allow which our money has to eventually be
backed by something. We have to dismantle the administrative state
and restore the separations of power. That is what the
founding fathers bled for. They bled to establish that, and
(08:10):
we've just ignored it again. Dismantle this administrative state. All
of the bureaucracies, the levels of it are almost mind
numbingly countless. We should abolish every single agency that rights,
enforces and adjudicates its own regulations.
Speaker 3 (08:33):
Right the EPA.
Speaker 2 (08:35):
Don't reform it just to fund it. Dissolve it. Department
of Education, shut it down. I thought we were in
the process of shutting that down. What's happened with that?
And if Congress wants new rules, let the people's elected
representatives vote on them in public, not unelected bureaucrats.
Speaker 3 (08:56):
Those are the people.
Speaker 2 (08:57):
The unelected bean counting pencel pushers, pocket protecting wearing folks
scurrying around the hallways in Washington, those are the ones
that are soaking up this tremendous amount of bloat and
debt because we're paying for, you know, these people's six
(09:17):
figure salaries and six month vacas, six week vacations, and
half the time they're staying home. We also need to
adopt a policy of peace, commerce, honest friendship, friendships with
other nations.
Speaker 3 (09:33):
Figure it out.
Speaker 2 (09:36):
We spent eight trillion dollars in sacrifice thousands of our
finest men and women in these Middle East battles since two.
Speaker 3 (09:45):
Thousand and one. And what have we got for? What
do we have?
Speaker 2 (09:51):
Somebody tell me and listen, I'll wait, oh wait, tell
me while you're looking for that, let me know. We
also need to reclaim civil liberties that we've been trading
away in the name of safety and convenience. Your privacy
very important that's gone by the wayside. The fires of
courts entered and they rubber stamp things that your founding
(10:14):
fathers would be spinning, their spinning and their grave thinking
about it. But we need to break the censorship cartel
between big tech and the federal government.
Speaker 3 (10:25):
All of that, and.
Speaker 2 (10:28):
Finally, how about we figure out a way in this
great country to revitalize civil society.
Speaker 3 (10:38):
I mean, we don't have that anymore.
Speaker 2 (10:39):
Right, federal government has spent decades crowding out families, boxing
out the church, boxing out charities. By the way, I
talk about this all the time on my show. Who
should be in charge of helping people out, lifting them up,
giving them a helping.
Speaker 3 (10:55):
Hand if they're down and out?
Speaker 4 (10:57):
Is it the.
Speaker 2 (10:57):
Government or is it local charities or local churches? Well,
I'll answer that for you. It's the local charities and
the local churches. They did it for decades. They did
it for over hundreds of years actually, and then the
federal government came rolling through and said, we can do
it better. We'll just tax everybody and we'll spread that wealth.
Oh yeah, what does that sound like? All right, Well,
(11:19):
that was just a little sum for something that I
wanted to share with you guys. To me, it's common sense.
It's a moment of common sense. Find it and we
can save this country before it's too late. All Right,
ladies and gentlemen, once again, Leelsiradio gmail dot com, email me,
check us out on Patriot dot TV.
Speaker 3 (11:36):
We'd love to have you along for the ride. I'm
Leelsie filling in for Wayne Allen. Wayne Allen on the
War Zone.
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Name that too.
Speaker 3 (15:07):
I could probably do it in two notes, huge doo fan.
All right, welcome back.
Speaker 2 (15:13):
My name is Lee Elsie filling in for Wayne Allen
Root and this segment is being brought to you by
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I said, I say health or health? I think I
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That's Energized health dot com. Alrighty, so I only have
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(16:20):
share this one story which infuriates me. A young woman
fighting for her life in Chicago severe burns, a grave
injustice which is now becoming apparently common in cities across
the country. Bethany McGhee, twenty six year old woman from Upland, Indiana,
has horrific burns she received well just riding a Chicago
(16:44):
CTA Blue Line train on November seventeenth, and her story
is incredibly similar to several other incidents that have happened
of late. They're all kinds of different counts of people
being attacked on these trains. We know about the stabbing,
We know of a couple people who have burned alive.
But Lawrence Reed, a fifty year old man with an
(17:07):
astoundingly long criminal record, allegedly doused McGhee with gasoline, chased
her through the train and litter on fire, and repeatedly
yelled out burn alive, blank.
Speaker 3 (17:23):
And again.
Speaker 2 (17:23):
This incident has been remarkably similar to others. Here's what
gets me Now, there are crazy people out there, and
you know, by the grace of God, you don't run
into one. But this person, this read person, has been
arrested seventy two times, come on, seventy two times in
(17:51):
just Cook County, Illinois. He's been convicted in fifteen of
those cases times, and one of those cases that he
was arrested on was an actual aggravated arsenal charge. Now,
I admit I am a hardliner when it comes to
(18:14):
crime and punishment. I think that you know, people do
deserve second chances, even third chances, in particular if.
Speaker 3 (18:19):
It's a non violent offense.
Speaker 2 (18:22):
I'm for people sort of picking themselves up and figuring
it out. But when you've been arrested seventy two times,
and you know many of those arrests are violent in nature, there.
Speaker 3 (18:35):
Is no way you should be back out on the street.
Speaker 2 (18:40):
I mean, it's a gross injustice to humanity that you
are out wandering around allowed to do something like this.
And in the last case, when he was arrested, this
read guy, the prosecutors wanted to keep him locked up,
but the judge let him go.
Speaker 3 (19:00):
And these progressive.
Speaker 2 (19:05):
I was almost almost swore these people who feel like
they have the responsibility of humanity on their shoulders to
make sure that these people who have committed these awful
crimes somehow they're not being treated with the compassion that
they deserve. So what do they do. They let them
(19:26):
out time and time again. They let them out without
them doing the most minimum amount of jail time. And
what happens. The rates of recidivism for most of these
very violent people are through the roof. People end up
getting hurt, people end up dying. And I've said this
(19:46):
on my radio show for decades, literally that if you're
somebody who has the power to let somebody out of
prison or not send somebody to prison, like a judge
or a pardoner, parole.
Speaker 3 (19:57):
Board, you and you alone who makes.
Speaker 2 (20:00):
That decision, should bear the brunt and the weight of
whatever happens when that person gets out, and whatever they
do should also fall on your lap. So, if you've
decided not to put this person in jail, then when
they go out and commit a heinous crime, that heinous
crime you should be responsible for in some way, shape
or form. That's my opinion. And you want this stuff
(20:21):
to stop, that's how it will stop. Well, come right back.
This is the war zone. Don't go anywhere. The great
Wayne Allen Rud is off. My name is Lee Elsie.
Stick around. Allowed to get to We're gonna talk to
Murray Sabred Economists after the bottom of the hour.
Speaker 3 (20:33):
Keep it here.
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And Hi.
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Speaker 6 (22:02):
Well, I love it, by O.
Speaker 5 (22:03):
My name is Lee Elsie, the Voice of Freedom, filling.
Speaker 3 (22:05):
In for Wayne Alan Root. You can watch what's going on.
Speaker 2 (22:09):
I just keep telling you to go, watch, go watch
watch watch Patriot dot tv, Orthgateway Pundit dot com. Check
that Outrootfamerica dot com as well. You can go to
Wayne's x or get her or Rumble to check it
out as well, all kinds of different places to watch
and listen to what's going on. Wayne will be back
tomorrow night, joining us right now. Great friend of my
(22:30):
morning show in Connecticut. I've had him on these national
shows a number of different times as well. He is
a brilliant economist and he's a professor of finance at
Ramapo College as well.
Speaker 3 (22:41):
And he's a good friend. Murray Saber and Murray, how
are you, my friend?
Speaker 6 (22:45):
I'm doing great, Lee. Remember I retired five years ago,
so I'm no longer a full time professor.
Speaker 2 (22:51):
Well, we always consider you a professor. What's a professor,
always a professor, all right. So hey, listen, I've been
talking a lot about money tonight, so I wanted to
bring you on to a sort of hit the nail
on the head and either tell me where I'm wrong
or tell me where I'm right. But I want to
start if you don't mind, and we can get to
some of the things that you've got going on. I
know you've got a sub stack that you want to
(23:12):
let everybody know about. We'll get the word out on
that as well. And you got that swell hat on
that you sent me as well, which I wear all
the time, and I appreciate that. But you know, many
people under the age of forty right now, they've come
to the conclusion that they'll never own their own home,
and then capitalism is rigged against them. And you know,
(23:32):
as an economist, what do you say to that generation
who have shrugged their shoulders and maybe have given up.
Speaker 6 (23:39):
Well, there's a lot of criticism of the economy, and
rightfully so, I've been criticizing the economy since the nineteen
seventies when I became aware of the policies of the
federal government. We don't have pure capitalism in America. We
have crony capitalism. We have a mixed economy, which means
we have a lot of government intervention in the economy,
(23:59):
which the storts the economy. What do I mean by that, Well,
growing up in the nineteen seventies, we saw gas lines
because of the old crises. All crises should never existed.
If we had supply and demand working, there wouldn't be
any gas lines like we had in the early seventies.
In the late seventies, rent control in New York City
(24:20):
has destroyed hundreds of thousands of units in New York City.
That's why there's an affordability problem, because there's not enough
supply of housing. Government divention destroys the infrastructure of the economy.
It makes people poorer. Then we have the Federal Reserve
that debases the currency by printing money. I've been warning
about this since the nineteen seventies, and here we are
(24:42):
in twenty twenty five and the dollar is only worth
two cents of the original dollar of nineteen thirteen. So
we have a lot of problems lead that I've been
addressing in my substack column, in my books and my articles.
And it's easy to figure out the free market economy
is the best way to growing economy, to create prosperity
(25:02):
and to eliminate poverty. Unfortunately, the politicians think it's government
spending and debt that can grow an economy, which is
probably one of the biggest myths there is.
Speaker 2 (25:12):
So the government has their clause into everything, and you know,
we're talking about decades worth of abuse here, Murray.
Speaker 3 (25:20):
How do you solve that?
Speaker 2 (25:21):
How do you get them to release this hold on
all of us and get that market back to a
true capitalistic market.
Speaker 6 (25:31):
Well, that's why I created the MAFI movement make Americans
Financial Independent and on today's substach. I asked chat GBT
GPT to write an updated version of Thomas Paine's Common Sense,
which is two hundred and fifty years old. It was
published in January twenty twenty, seventeen seventy six, which was
(25:52):
the spark for the American Revolution. What he called for
independence from Great Bigain. We need independence from war Washington,
d C. That means phasing out social security, Medicare and medicaid,
food stamps, and all the other social welfare programs that
people thought were sustainable. They're unsustainable because the federal government
(26:14):
is running two trillion dollar deficits. So we have a
real problem in this country. It's called dependency. The American
revolutionaries didn't fight Britain so we could have a welfare
state in the twenty first century. That's the issue is
that the people in Washington are totally ignoring. That's why
I write on substack and created the Mafi movement.
Speaker 3 (26:36):
Now you know it, I know it.
Speaker 2 (26:38):
I think there are a lot of conservatives, fiscal conservatives
who know this. But how can you convince or how
can you convince the public and then get a politician
to run on the idea that no, I'm not going
to give you anything. I'm not going to give you
the sun, the star, and the moon. You're going to
have to go out and work for what you get.
(26:58):
How is somebody going to get elect We've gotten to
the point now, Murray, where if you don't promise everybody everything,
you're not getting elected.
Speaker 1 (27:07):
Right.
Speaker 6 (27:07):
Well, that's why politics is a dead end when it
comes to this issue. The economy is going to implode.
Not that I wanted to implode, but we're seeing the
same things that led to the crash of nineteen twenty nine.
That's why I believe we're going to have a crash
in twenty twenty nine because of all the money that
the federal government is spending that it doesn't have, all
the money printing that's been going on, all the speculation
(27:30):
in the stock market. This is all going to come
to a head by the end of this decade beginning
of the next decade. I think the earliest this crash
can occur is in twenty twenty nine, the one hundredth
anniversary of the nineteen twenty nine crash. We are in
a country where we have these hundred year cycles. I
went through this with my students in my Financial History
of the United States class. They love the analysis of
(27:52):
how we go through these cycles and why the future
is on the one hand, very bright because of the
men and women entrepreneurs on the other head and the politicians,
to use the technical term, are screwing everything up.
Speaker 2 (28:04):
Well, you've mentioned substack a couple of different times. Where
can folks find you on that?
Speaker 6 (28:09):
Murraysabrian dot substack dot com and I'll be posting some
hard hitting commentary about what needs to be done. One
of the biggest things we need to do is to
restore the doctor patient relationship. We need to get the
government out of medical care. We need to get companies
out of their medical care and let people use their
own dollars to purchase the amount of insurance they need.
(28:32):
The real crime we have in America is that we're
over insured. We don't need medical insurance to see the
doctor for a sore throat. We need medical insurance just
to take care of catastrophic illnesses, which in the old days,
which is what Blue Coross blue shielded major medical. Now
we're trying to ensure every little medical ailment that affects people.
And that's why for family afore, the premiums are close
(28:55):
to thirty thousand dollars a year, which is outrageous in
America when you should be spending a lot less than that.
And we need to really downsize the medical bureaucracy we
have in this country, which have driven up costs plus
the inflation. So we have another perfect storm in medical care,
which is about eighteen percent of GDP, and we could
get that down to probably ten percent if we had
(29:17):
a free market medical system.
Speaker 2 (29:19):
Was that an Obamacare scenario? Is that when this all
really began to implode and basically blow up in our face.
Was the beginning before Obamacare came well.
Speaker 6 (29:30):
It began with employers giving their employees medical insurance because
of World War two price controls, and so now people
expect their employer to give them medical insurance as a benefit,
a free benefit. Now, of course, companies are asking their
employees to play more and more for their medical premiums.
(29:51):
Then we get Medicare and Medicaid in nineteen sixty five
as part of the Great Society, and they promised that
it would be a modest program, wouldn't cost much. And
Medicare Medicaid is nine hundred billion dollars a year. Medicare
is over a billion trillion dollars a year, and so
we have a real financial crisis in these two programs
(30:11):
that started out as very modest programs. But people are
becoming more and more dependent on the government for a
basic need, which is medical care.
Speaker 3 (30:19):
You know, I saw a couple of different studies.
Speaker 2 (30:22):
I mean, I haven't run into this because I don't know,
but I mean because I never had to go down
this road. But I have seen people who say, like,
let's say you need to get an MRI. The MRI
for an insured person might be three thousand dollars. And
then of course, you pay your deductible, the insurance pays
it off. But if you're not insured, they can get
you like an MRI for four five hundred bucks. So
(30:44):
I mean that's I mean, that's criminal murray. I mean,
that's just that's just raping the American time. I mean
American insured insured in my mind. Let me give you
a better example. I've written two books on healthcare.
Speaker 6 (30:58):
I interviewed one doctor here in Southway, Florida, who's a
direct primary care doctor. Her patients pay a monthly fee
and they have access to the doctor. Twenty four to seven,
she had a patient who was uninsured and he needed
an operation. The local hospital quoted him twenty thousand dollars
for the operation. She said, you have to call the
Surgery Center of Oklahoma in Tulsa. He called them up.
(31:20):
They quoted him for the operation. The transportation from Florida
to Oklahoma the state in Oklahoma five thousand dollars. That's
a seventy five percent plus discount from what the local
hospital was charging. Could you imagine if we could reduce
all operations by seventy five percent in this country, if
people paid out of pocket and bank the money for
(31:41):
catastrophic coverage. We would save trillions of dollars of the
five trillion dollars of medical costs that we have in
this country. This is how a free market works. The
free market. The Surgery Center of Oklahoma doesn't accept insurance.
It's a cash business and doctors love it. There's no
insurance forms to fill out. Patients love it because they
(32:01):
get high quality medical care and there's no bureaucracy whatsoever.
We have to get rid of the middleman. Middleman is
the insurance companies, the employer, and the federal government.
Speaker 2 (32:12):
We're talking to former economics finance professor at Rampo College, our.
Speaker 3 (32:18):
Pal, Murray Sabran.
Speaker 2 (32:19):
And you know, Murray, was it the design of Barack
Obama and that group of people to sort of force
us into some sort of socialized medicine? Here?
Speaker 3 (32:30):
Is that what they want at the end of this Oh?
Speaker 6 (32:33):
Absolutely, they want a single payer. They want Bernie Sanders program.
And Republicans should not be talking about reforming Obamacare. They
should be talking about phasing it out as quickly as
possible so people would be in charge of their own
medical care instead of the government trying to tweak it
in every shape way or form.
Speaker 3 (32:50):
Murray, can you stick around for one more segment?
Speaker 2 (32:52):
Sure?
Speaker 3 (32:53):
I got one more segment with you. We'll take a
short break. We'll come back.
Speaker 2 (32:56):
I got a couple more questions for our fine friend
economics again, genius finance expert, our friend Murray Sabran will
join us.
Speaker 3 (33:03):
We'll keep him here for one more second. I can't
even talk today. Listen to.
Speaker 2 (33:07):
My name is Leelsi filming for Wayne Allen Root. Will
take a short break. You can watch us at the
Gateway Pundit or Patriot Dot TV. We'll come back a
little bit more Economy call with Murray Sabran.
Speaker 3 (33:17):
Stick around.
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That's because the.
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Speaker 3 (36:47):
All right, let's try to finish up with a uh,
let's see.
Speaker 2 (36:52):
I don't know with something spectacular, because I have been
less than spectacular tonight, Wayne Allen Route will be back
tomorrow night. I'm stumbling and bumbling over my gigantic tongue.
You can watch us on Patriot dot tv and the
Gateway pund and our good friend again, Murray Saber and
former finance professor, is joining us and we've had him
on a number of different times talking, you know, a
(37:12):
little bit about the housing market about I want to
get into inflation here for just a second, Murray, before
we run out of time. So everyone's saying that inflation
is down, down, down down?
Speaker 3 (37:23):
Is it down? I mean, I don't know.
Speaker 2 (37:24):
I go to the store and things are still the
same price they were a couple months ago, a couple
of years ago. It seems like maybe and in some
cases some of the food maybe has come down a
little bit. But for the most part, I'm spending what
I was a couple of years ago.
Speaker 6 (37:37):
There's no question about it. The goodness is gas lian
price have come down quite a bit. On a personal level,
I just received notice that my monthly fee here at
our independent living facility in Naples, Florida, will be up
four point five percent next year. That is a huge
increase when people say inflation is basically not a problem.
I'm paying four point five percent higher for our monthly
(38:01):
feed next year, which is next month, and so that's
putting a crimpin our budget for next year. Fortunately, I'm retired,
so we don't have a lot of other expenditures. But
the point is, for the average family in America is
making sixty seventy eighty thousand dollars a year with two
three kids. They are just scraping by. And it's all
(38:22):
because of the Federal Reserve pumping money into the system,
raising prices across the board and with government interference in
the economy that causes supply to be less than it
otherwise would be. So get a double whammy. Less supply
means higher prices. More money into the system means higher prices,
and that puts a squeeze on the average family budget.
Speaker 3 (38:44):
Let me ask you a question. I want to make
sure we get to this before we run out of time.
Speaker 2 (38:47):
But if you had to pick one policy tax reform,
immigration changes, housing, deregulation, industry policy, or something else that
would add to the long term economic growth, let's say
in the next decade, which one.
Speaker 3 (39:03):
Would it be or what would it be and why?
Speaker 6 (39:06):
Well, a simple answer would be deregulation, getting government off
the backs of businesses. That would free up capital for expansion,
for improvement in mom and pop stores, in medium sized businesses,
and big size large businesses. That would be a great
tonic for the US economy. So I would start with that.
(39:27):
Then get government spending down because it wastes huge resources
that can be better employed by people who make decisions
in the market economy, and then of course stop inflating
the supply of money, and also have a sensible trade policy,
which to me is free trade. One of the strengths
of America is where a free trade nation of fifty
(39:49):
states and goods and services flows smoothly across the country.
We could have the same sitting on a global level.
So I'm a big free trader because it's part of
the free market, free economy system. Is that the founders
and visions of this country, and I think that's what
we need to focus on, is economic freedom is the
(40:10):
best way to help people achieve greater prosperity and reduce poverty,
no question about it. Hands down. We don't need all
these super government programs.
Speaker 2 (40:21):
All right, considering everything including technology advances, AI, demographics, geopolitics,
ten years from now, ten years from today, will the
average person in the developed world be richer or poor?
Speaker 3 (40:36):
Murray?
Speaker 6 (40:37):
They should be richer because the men and women entrepreneurs
across this world, especially in America, are doing great things
under the handicap of a federal intervention, high taxes, massive spending,
and money printing. But men and women entrepreneurs are very resilient.
We saw this during COVID. People were able to expand
(40:59):
their businesses. It's in spite of the lockdowns. Now, sub
businesses did go under because they couldn't adapt to the lockdowns,
which was a tragedy for a lot of small businesses,
but big businesses thrive during the lockdown. And so I
would really implored President Trump to make an announcement to
(41:19):
the American people that the free enterprise system is the
best way to have a growing economy, to have the
real Golden Age, and he should have his people get
rid of all the regulations that have been in place
for the last one hundred years that make it difficult
for businesses to operate in a free market economy.
Speaker 2 (41:36):
So Murray, tell everybody you know where they can find
you every single day, where they can get the books,
where they can get to know how, and you know
you're back and forth.
Speaker 3 (41:44):
I know it's substack. Where do they go?
Speaker 6 (41:47):
Murray Sabran dot substack dot com and MAFI USA dot com,
m a Fi USA dot com. And I'm going to
extend the offer we have for the hat for the
rest of the week. MAFI ten will give you a
ten dollars discount off the price of the hat, which
is a very reasonable price had anyway, it's a very
(42:07):
high quality. I can get it in green or block.
And this is the way we create a movement is
we have a brand. Just as we had the gas
and flag during the American Revolution, we have the MAFI
hat for the Second American Revolution.
Speaker 3 (42:21):
Murray, thank you, my friend.
Speaker 2 (42:22):
I appreciate the expertise and the insight on all this
great stuff, and we'll talk again very soon.
Speaker 6 (42:27):
Thanks so much. Ley, great to be with you again.
Speaker 2 (42:29):
You got a brother, Murray Sabran again a very smart
cookie in the world of the economy and economics, so
we appreciate him his time today. All right, I have
stumbled and bubbled it up through two hours, Wayne, thankfully.
Speaker 3 (42:40):
We'll be back tomorrow night. Guys out on Patriot dot TV.
Thank you very much.
Speaker 2 (42:44):
The boys in Minnesota, thank you guys very much. Enjoy
the rest of your Monday. Maybe it's got to be
the trip to Fan. Maybe I'm just overloaded on trip
to Fan. Maybe I'm trying to get to the detox mode.
Enjoy the rest of your Monday. I'll catch you guys
next time.
Speaker 3 (42:58):
We'll see you.
Speaker 6 (43:14):
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