Patriot Power Hour #260

[00:00:00] Not too long ago two friends of mine were talking to a Cuban refugee, a businessman who would escape from Castro.

[00:00:29] And in the midst of his story one of my friends turned to the other and said, we don't know how lucky we are.

[00:00:34] And the Cuban stopped and said, how lucky you are. I had some place to escape to.

[00:00:40] And in that sentence he told us the entire story. If we lose freedom here there's no place to escape to. This is the last stand on earth.

[00:00:49] This is the last stand on earth. The last stand on earth.

[00:02:23] We are live Patriot Power Hour May 1st, 2024.

[00:02:34] Ben the Breaker of Berkshire is here with Future Dan.

[00:02:36] Yeah man and this is the Patriot Power Hour so I want to give a shout out tonight to patriots in this country standing up for good.

[00:02:46] Number one, UNC Chapel Hill. Preternities go out, surround the flag, prevent it from being ripped down and burned.

[00:02:53] They got a GoFundMe site. It actually is at 160 grand and it's four having a massive party to celebrate the fact that they're standing up for their flag.

[00:03:05] Number two, James O'Keefe. Exposing the CIA like never before. Absolute insubordination by the deep state against Trump and his previous presidency.

[00:03:16] So we got patriots out there doing what needs to happen. We're not going to have just a show griping about how bad things are.

[00:03:23] You've got to have a shout out for ones that are standing up to it.

[00:03:27] And if that happens enough, we can turn the tide. You know, collapse is not inevitable in my book and those are good signs tonight.

[00:03:35] James O'Keefe is breaking today. I think he just released a couple hours ago. What can you tell us about that?

[00:03:43] They're just same motive mode that all of Project Veritas was. Catch somebody undercover just running their mouth.

[00:03:52] Put subtitles on it because they're kind of like usually in a public place.

[00:03:57] Just putting these fools into just bragging about primes. He did it again.

[00:04:03] I guess the question is, are these so-called spies that get caught with their pants down?

[00:04:11] Half of them, it's in some like homosexual sting operation where they pick them up on a grinder, take them to breakfast and they spill their guts.

[00:04:19] It shows the hubris of the system, but gosh, it's almost like too easy. Is it because of the hubris or is there something else going on here?

[00:04:31] Someone else trying to burn a certain section of the power structure at its own civil war going on or is this just true patriot making this happen again?

[00:04:44] Maybe it is possible for him to actually do this again and he's just kicking their ass so much.

[00:04:50] I don't know, but those guys up in Boston in the 1700s, they'd run scyops against the British.

[00:04:59] So what if it isn't even real tonight? The important point is it's having an effect on perceptions, right?

[00:05:07] It's bringing down an institution that's been raging out of control at least since Kennedy was shot.

[00:05:13] Well, nobody trusts much of nothing anymore. There's a few people that still go lockstep with corporate media, but at a minimum I feel like most Americans just don't trust anybody,

[00:05:32] which kind of can be a problem in and of itself, but it's better than trusting the wrong people. Who do you trust out there right now? Future Dan?

[00:05:41] Well, I don't know. But the way I'm kind of looking at this is there's still a lot of voters, right?

[00:05:51] Baby boomer voters where, you know, thinking about how badly the corrupt in the government in Washington DC has gotten.

[00:06:03] I mean, they're just coming to realizations when this sort of thing comes out, right?

[00:06:08] And I think it's going to have an electoral effect one way or the other.

[00:06:13] Oh, it's going to have an effect. It's just, uh, will Trump be in prison?

[00:06:20] I still think he's in prison. He'll win actually and then it'll get real interesting.

[00:06:25] So we got a long way till the election, but on the other hand, just six months away.

[00:06:29] So not that long. It is May 1st, 2024. Let's get into some of those protests in college.

[00:06:37] We'll of course cover O'Keeffe and a lot more as it comes out and as we do the news blitz.

[00:06:41] But I was actually thinking this myself. What would I have done at college if I was between the age of, you know, 18, 22,

[00:06:50] or even when I bet went back to grad school at like 24, 25 still, still kind of young and stupid.

[00:06:57] I think I would have ended up getting in a fight in that place.

[00:07:00] Like got drunk and then at night got in there and started talking shit to people trying to barricade the college,

[00:07:07] barricade the, you know, they're not doing peaceful protests.

[00:07:10] And we know for a fact if this was MAGA or end the fed type people,

[00:07:13] they never ever ever would let us have a protest where we barricaded part of a college campus.

[00:07:20] So I'm not saying that violence is the right thing.

[00:07:23] You know, what the frat did is great. I, you know, need to stand up more like that as America.

[00:07:29] I hope they don't end up beating the crap out of them or they're being stabbing or shootings or anything like that.

[00:07:35] And I'm not even talking about with the police some sort of like Kent State 2.0. That's even to the side.

[00:07:40] But on the other hand, you know, you got a bunch of Antifa protesters coming through trying to tear down the flag.

[00:07:49] Oh man, I definitely think I would have gotten in a fight at that time.

[00:07:53] And I don't know, I don't know violence isn't the answer, but maybe sometimes it is if they're bringing it at you.

[00:07:59] You got to defend yourself, right? Defend your country.

[00:08:02] Yeah, I watched a video. They didn't have to defend themselves, but they showed up in big numbers and the protesters backed off.

[00:08:09] So that's all it takes.

[00:08:13] For real, 80% of the protesters are very weak physically and mentally, but they're not, they can't actually fight.

[00:08:24] They'll try to act intimidating and stuff, but you know, that's why we quote unquote we, the Patriots don't even need to start the fight

[00:08:35] because we could beat them in everything else. But if they did start the fight on the other side,

[00:08:40] first off, we would kind of fall into their trap of a gayly dialectic and fighting with each other.

[00:08:46] But you know, I'll take a country boy versus some Columbia protestor in a fight any day.

[00:08:54] And you get credit for using the word dialectic tonight.

[00:08:57] Perhaps you could expand on the what exactly one of those is for those who might not know.

[00:09:04] Well, there's different in the general sense.

[00:09:07] It's I think of it as a spectrum or a continuum, but there's you think of two endpoints.

[00:09:14] So you would have Israel and Palestine. That's kind of the two endpoints of this.

[00:09:19] Where are you between that? But really it becomes more and more polarizing.

[00:09:24] Each side is brought more to the extreme ends.

[00:09:28] And it's not just that as the normal sociological evolution of humanity to kind of break into those groups,

[00:09:35] which it is to some degree, but it's also being manipulated by, well, the George Soros nonprofits of the world,

[00:09:45] the universities themselves enabling it or culture just degrading and falling into that.

[00:09:52] So that probably not the Webster dictionary definition, but that's how I interpret it.

[00:09:59] Of course, Hegel came up to the dialectic, you know, said that this is kind of inevitable to political systems.

[00:10:07] So obviously, you know, that turned everybody on to well, how do we manipulate them?

[00:10:13] But there is there's theses and there are counter theses and over time,

[00:10:19] there's synthesis producing the dialectic. I always thought of that as kind of, you know,

[00:10:26] fairly self-evident and sound political thought. Of course, what turns you off is the, you know,

[00:10:34] it's the manipulation and the planning of it and the, you know, having hitting sides against each other,

[00:10:42] you know, purposely for their demise and your benefit. That's the bad part, obviously.

[00:10:48] But I think the dialectic, you know, from Hegel's point of view, it was always going on.

[00:10:53] And right, I am, I am biased in the negative form of it because actually reading the true definition of dialectic,

[00:11:01] it's the art of investigating or discussing the truth of opinions.

[00:11:06] So kind of discussing that spectrum. There's got maybe each end is not correct, but in the middle,

[00:11:13] sometimes it is, sometimes it's not. Sometimes there are absolute truths in my opinion.

[00:11:18] But you really, here's a good example said, a dialectic is with two seemingly conflicting things can actually be true

[00:11:26] at the same time or partially true. So where it seems like a conflict but it can kind of both be true

[00:11:33] and investigating of truth. So that's kind of more general term.

[00:11:40] Red, kind of similar to rhetoric a little bit as well, political group thinking and discussion, I guess.

[00:11:49] Well, I'll give you perhaps a more concrete example that I see in the world of the dialectic in my lifetime.

[00:11:59] Let's see. Let's hear it.

[00:12:02] So in the 20th century is capitalism versus communism.

[00:12:07] What kind of capitalism do we have today and how come it actually has adopted some of the planks of the communist manifesto like

[00:12:17] complete state control of the credit system? One could say that this is the 2020s from the 1980s to the 2020s.

[00:12:27] A synthesis occurred based off of the thesis and the counter thesis that capitalism is the way society should organize.

[00:12:38] And obviously Marxism was the counter thesis.

[00:12:42] I feel like China has taken parts of capitalism just some parts and synthesize it into their own machine.

[00:12:54] Whereas we have gone other directions. So in a way our cultures are getting closer and closer from an economic point of view.

[00:13:02] However, the powers that be let's just call them the banksters for now are shifting a lot of the real assets and productivity to China

[00:13:10] because they know the Chinese people are already conquered as American people and even just North America.

[00:13:17] I think Europe is pretty much already conquered but maybe Canada and America, US or maybe only a few states in America depends on your perspective.

[00:13:26] But they know that we're not going down without a fight so they have to enable China a little bit more and kind of sell us out

[00:13:35] in the long run more to the lands they've already conquered especially China but other parts of the world too.

[00:13:41] And with that we'll become more like China.

[00:13:46] China will become a twisted version of capitalism with a communist party and it's definitely odd time to be alive.

[00:13:58] Well I'm focused on the next dialectic.

[00:14:01] If that synthesis of what you will, the welfare, modern welfare, high surveillance, high control, minimize freedom, synthesis where property is still allowed to be owned, it's just highly manipulated.

[00:14:21] If that's a 21st century's thesis, I'm about what is the counter thesis to that and 1776 sounds pretty good to me.

[00:14:33] 1776 and prepping and being self-reliant all that put together I think and that's what this show and I think the whole network kind of represents right there.

[00:14:43] All the ideals of the American Revolution from the get go, that needs to be the next counter thesis and let that be the dialectic for the rest of this century

[00:14:57] because what we don't need is a fake poser counter thesis.

[00:15:02] Just a light version of Chinese tyranny as a counter example of the technocratic autocracy that's not full on Marxist-Leninism.

[00:15:18] And God forbid the counter thesis to what we have now becomes Marxist-Leninism again, 21st century version.

[00:15:25] I mean that's what UNC Chapel Hill, Patriots down there standing up against on those campuses tonight.

[00:15:33] More efficient and more deadly in this century.

[00:15:36] Alright folks we're going to break, stick with us, coming back with the news blitz.

[00:15:40] Be right back.

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[00:17:13] Time for the news blitz, Patriot Power Hour. May 1st, 2024.

[00:18:33] Regulators seize troubled Philadelphia Bank called Republic First FDIC billions,

[00:18:43] potentially paid out somewhere between hundreds of millions and a few billion at least.

[00:18:52] To be determined, Fed came out today holding rates steady.

[00:19:00] Says it's unlikely that the next move will be a rate hike.

[00:19:07] We'll get into this in great detail. Let's move on from economics.

[00:19:16] Iranian lawmakers suggest country is ready for nuke test, China threatens retaliation for Taiwan and the Tik Tok law.

[00:19:31] Inside China's breathtaking space army that can blast targets around the curve of the earth.

[00:19:44] American technology they've stolen over the years, of course.

[00:19:48] Violent clashes spread across U.S. between Gaza protesters and riot police.

[00:19:56] We've talked about the border crisis quite a lot.

[00:19:59] I need to talk about it more.

[00:20:02] But it's not just people from Mexico, Central America, South America.

[00:20:07] In fact, Chinese illegals spiked by 7000 percent.

[00:20:16] 7000 percent.

[00:20:19] It's an unbelievably high number.

[00:20:22] So all the others are going up by 3456X.

[00:20:28] China's 60, 70, 80 times more crossing.

[00:20:35] Wonder why? That's something to ask.

[00:20:39] Could be a lot of reasons.

[00:20:42] On the health and nature side of things, somewhat quiet.

[00:20:51] There was a dam collapse in Western Kenya that claimed 48 lives with another 49 missing.

[00:21:00] And there's a slow trickle of more and more research coming out about the ill effects of the COVID vaccine, but not much else.

[00:21:16] In the news right now, at least that would make our heat map threat indicators.

[00:21:28] And let's go to the Liberty column, the first column last but not least though.

[00:21:33] Supreme Justice warns of vicious cycle of malicious prosecutions that could end presidency.

[00:21:48] Judge says Second Amendment doesn't exist in her court.

[00:21:52] And the biggest news of the day, SHTF level, easily the most important news on the news blitz.

[00:22:07] This week, the feds pulled bank info on Americans who bought Bibles or had Trump in their search history.

[00:22:15] And all that war zone surveillance technology from the Middle East and over in Ukraine is coming home, hitting American streets, being deployed.

[00:22:27] Heck, I bet some of it's even being deployed against the Gaza protesters.

[00:22:33] So it might be like, oh great, let's use that against them.

[00:22:37] Well, we'll be right next after that.

[00:22:40] Let me tell you so future Dan, that's news blitz relatively short but sweet.

[00:22:46] Yep. So in one sense, you can listen to Patriot Power Hour and like use it to justify your preps.

[00:22:54] But in another way than the heat map dashboard blitzkrieg kind of tells you where we're at relative to before with a view to what become next.

[00:23:07] And we're entering May relatively calmer than many people expected, say last year.

[00:23:15] So that's good. We got to make it to the election without, you know, worse and worse violence and that looks possible on these campuses, right?

[00:23:24] Once the rioting kicked off in 2020, it just kept going until it burned out after a lot of damage.

[00:23:31] So I'm looking at the riots for this summer, but otherwise, I mean, Iran and Israel launched missiles and strikes on each other's territory a couple of weeks ago.

[00:23:43] And everything is relatively calm now.

[00:23:49] I feel like these riots, some of them are riots, a lot of them are not, but I feel like it's a breeding ground and a recruitment ground where let's say four out of the five protesters aren't violent or violent.

[00:24:03] They don't want to be violent, but that fifth one, those are the ones that are getting recruited up by nefarious parties who would infiltrate such such place.

[00:24:14] And actually Drudge Report, which sold out big time over the last few years by casually check it out and in big red letters tonight, New York City is warned of radicalization infiltrating Columbia and other colleges.

[00:24:31] So again, majority of these protesters may just be college kids protesting, but more and more outsiders are infiltrating number one.

[00:24:42] And then also the cream of the crop, and I mean that in a very negative way can be recruited up, you know, 18, 19, 20 year olds and those could end up being part of much bigger riots,

[00:24:55] whether it's with Trump, whether it's with major power outages, whether it's with other wars or I mean, geez, all the different types of reasons for civil unrest.

[00:25:06] Kind of this is almost like a preseason or training camp is how I'm looking at it. Unfortunately.

[00:25:11] Well, of course, antifon never went away.

[00:25:15] So everybody did it in 2020.

[00:25:18] Most of them know what they did and what they'd like to do again.

[00:25:21] You know, summer next summer to summers from now.

[00:25:25] If Trump makes it back to the White House, you know, things are going to burn.

[00:25:29] Those who were 20 back then in 2020 are 24 25.

[00:25:36] Now those who were maybe low level leaders 25 26 28 while now they're 32.

[00:25:41] Those who were 32 are late 30s and that experience was gathered.

[00:25:48] Those who are stuck around the last few years, they're becoming hard and their experience.

[00:25:55] They have a lot of funding.

[00:25:57] I mean, who's sending these protesters all these supplies and support in them?

[00:26:03] Maybe they're getting go fund me is like that frat.

[00:26:05] I mean, that's very, that is very possible.

[00:26:08] But I got a feeling a lot of it's coming from some of these shady fiscal sponsors and NGOs and all this other crap going on.

[00:26:18] You got any take on that future Dan?

[00:26:20] Where's the money and supplies coming from or how is this being stoked?

[00:26:25] I would look at foreign intelligence agencies first probably.

[00:26:30] I think, Hey, four enemies for an and domestic.

[00:26:33] So both should be looked at definitely like whoever orders pallets of bricks and leaves them on street corners.

[00:26:41] You know that that seems like pretty reasonable way to undermine your opponent.

[00:26:48] If they'll let you do it, which apparently we're going to let them do it.

[00:26:52] Apparently I wanted to get into this bank if I could real quick and well start with the Fed today.

[00:27:00] The Fed said they're going to the Republic first bank or first Republic Bank?

[00:27:05] It's funny enough.

[00:27:07] It's just it's Republic first, but a different bank called First Republic did fail last year.

[00:27:17] These these banks have such original names.

[00:27:20] I know.

[00:27:22] But yeah, over the weekend, essentially Friday after hours and then over the weekend,

[00:27:27] Republic first a small regional bank, not even in the top 50 of active US banks and assets,

[00:27:36] but it did fail.

[00:27:38] FDIC is coming in and it was purchased by a slightly larger bank in Philadelphia.

[00:27:46] So it's not like a JP Morgan that came in.

[00:27:49] But anyway, going to the Fed not raising rates but not lowering rates today.

[00:27:56] They know that inflation is still running pretty damn hot higher than their target for sure.

[00:28:02] So they can't lower interest rates again.

[00:28:04] But man, if they raise interest rates, it'll be just like it was in 2023 March, 2023 where and I'm looking at this chart right now

[00:28:15] of the four largest banks and this is inflation adjusted.

[00:28:21] The four largest banks that have collapsed since 1970, three of them were last year.

[00:28:29] Three of the four largest and the fourth one and it was the largest was Washington Mutual in 2008 financial crisis.

[00:28:36] Large measure now large measure how by assets.

[00:28:46] Is it adjusted for inflation?

[00:28:48] Yes.

[00:28:50] Now their inflation numbers kind of bogus, but yes.

[00:28:55] So first Republic the one that is not Republic first that and Silicon Valley Bank and signature bank had between 100 and 200 billion dollars when they failed.

[00:29:10] Yeah, but if you didn't inflation adjustments how they compare to layman.

[00:29:17] So these are banks insured by the FDIC.

[00:29:21] Sorry.

[00:29:23] So Lehman Brothers was not a deposit bank like that.

[00:29:26] Oh I got you.

[00:29:27] Yeah.

[00:29:28] Yeah.

[00:29:29] All right.

[00:29:30] So an FDIC insured probably what in the 80s of savings and loan crisis maybe was some of the banks and if you adjust inflation, these are banks.

[00:29:39] You're not a digger, huh?

[00:29:41] Yes.

[00:29:42] Now you're absolutely right.

[00:29:43] One that was actually pretty darn close was in 1984 continental Illinois National Bank and Trust and then there was a couple other savings and loans in 88 which is the saving loan crisis.

[00:29:55] But it's crazy how just a year ago three of the four largest again kind of commercial banks that lend to businesses and people not investment banks.

[00:30:09] And I'm sorry to say the distinction.

[00:30:10] Sorry about that.

[00:30:11] But so what happened?

[00:30:15] Massive bailout a year ago that just was swept under the rug to contain this but they were able to kick the can down the road about a year and here we are again.

[00:30:25] But they can't raise rates because what happens when they raise these interest rates on one hand sounds great.

[00:30:30] Oh yeah, a bank will make more money with higher interest rates but not these ones.

[00:30:35] Not these smaller ones.

[00:30:37] They're not the big dogs, the primary dealers.

[00:30:40] These smaller ones especially those that are over leveraged on commercial real estate in particular.

[00:30:47] They're pretty much already insolvent so they keep raising rates.

[00:30:52] They're all going to fail.

[00:30:54] So the Fed is pretty much in my opinion can't lower rates unless they want a lot more inflation and if they raise it everything's going to blow up.

[00:31:04] I think again that I've said this before they're going to lower it one more time emergency bailouts in the next year.

[00:31:11] It may be even more stimulus for people.

[00:31:13] Everyone might get a $3,000 or $5,000 check type of crap again but that'll be the last blow off top at my last you know six months this time instead of 1824 months before massive inflation and all that.

[00:31:28] But they didn't do it yet.

[00:31:29] They're still lower rates today so they're still holding the course.

[00:31:31] I expect them to hold course most of the rest of the summer.

[00:31:33] Maybe wait till the election even.

[00:31:35] They definitely ain't going to raise no rates before the election.

[00:31:38] I'll tell you that.

[00:31:42] Yeah but in a 21st century semi socialist technocracy you know what if they can control it by having only one bank of this size collapse each year.

[00:31:57] The indicator we carry it under on future danger is banks simultaneously collapse.

[00:32:03] The bank whole sector collapses but if they roll these over one at a time per year isn't that success?

[00:32:15] If they could go the rest of this year without another bank collapsing then that would be huge success for them.

[00:32:19] So if they only had one of these medium to medium and small banks collapse a year even though they only had a few.

[00:32:25] That's kind of normal.

[00:32:28] I mean maybe not normal but not horrible.

[00:32:30] But if what happens last year occurs if banks that are 10 times the size of Republic first start to collapse again then that's where the real contagion can happen and they're going to have to do another bailout.

[00:32:43] Eventually those bailouts might stop working but I still think the printing press has a little more paper in it.

[00:32:52] Right.

[00:32:53] Yeah what happened to us during COVID?

[00:32:55] Just the runaway spending and lending.

[00:32:59] Boy that was a weapon of war.

[00:33:01] That was a grand death time wink wink biological attack to have a financial impact that barely American alive could hope to outlive.

[00:33:13] Yeah for sure.

[00:33:16] We're right in the middle of the economic impact of that maybe a little past the middle of it put up.

[00:33:22] Tell me all the inflation the 20 30% inflation we've seen in the last three years officially if you take the last.

[00:33:30] I was actually looking at actuarial numbers at work today and they have a modifier of 1.21 which is a 21% increase built into some of these development factors without getting nerdy about it.

[00:33:46] They're saying that between that between January 2020 and May 2024 they're assuming at least a 20% 21% increase in inflation.

[00:34:01] And that's a lot I don't know my wage if your wages haven't gone up 21% you're definitely losing there.

[00:34:08] Mine maybe have been right on the edge there so I'm skirting there prepping with every gosh dang dime I still have a lot of spends future day.

[00:34:18] Yeah I hear you what else in the news strikes is worthwhile tonight.

[00:34:24] Oil's kind of falling off a little bit 79 bucks.

[00:34:28] It's not threatening triple digits at this point.

[00:34:32] Gold and silver were down because actually the market was thinking that pal might raise rates or indicators going to raise rates much more much sooner than expected.

[00:34:46] So gold and silver were I'm not going to say crashing they're down a few percent since last week but still gold is above 2300.

[00:34:55] Silver is almost 27 bucks.

[00:34:58] It's Bitcoin that's been beat down in the last few days from about 64 grand down to 58 grand even saw a low of 56 grand.

[00:35:10] I may or may not have purchased a little bit at the low but long story short gold silver and Bitcoin are all up pretty darn big this year.

[00:35:20] And if we're going to be running a one or even two trillion dollar deficit for the foreseeable future I think those type of assets as well as real land and real productivity will only become more valuable.

[00:35:33] Yeah absolutely.

[00:35:35] What about that 7000% increase in Chinese immigration you said there could be many causes and effects of that.

[00:35:42] Why don't we why don't you speculate on a few for us.

[00:35:45] Let's go look here.

[00:35:49] All right.

[00:35:50] First and foremost I would say you remember what was this a couple years ago when the extended lockdowns were going on in China and people dragged out now we did talk about how much of that is propaganda how much of that was not really going on.

[00:36:09] Or conversely how much of it's really going on but not being shared or captured could be arguments on both sides.

[00:36:15] But anyway I bet there's a lot of people that were pissed about that or were just ostracized by their social credit score.

[00:36:24] I'm sure it's not super easy to get out of China but I got a feeling a lot of people wanted to get the hell out of there even 1% of their population would be what 16 million people or something.

[00:36:35] So that's a lot.

[00:36:37] That's definitely a driver.

[00:36:39] Now what about the flip side of that people that are coming here because the government wants them to whether that's to spy whether that's to set up military camps and attack us or just to get human intel years down the road.

[00:36:59] Not even some special ops crap just just their people infiltrating.

[00:37:05] I'm sure there's a little bit of that.

[00:37:07] What else could it be?

[00:37:09] I'm not sure if I have any other options.

[00:37:12] I think a lot of it is just a bunch of people are sick of China and want to come to America but I'm sure a sizable portion are coming here with not just the consent but the blessing and maybe even being forced to come by the Chinese government.

[00:37:28] What do you think?

[00:37:30] Could you actually get out of China with enough wealth to pay the cartels to bring you through?

[00:37:36] You think that that totalitarian state can, I mean it can't be perfect right?

[00:37:43] There's got to be some.

[00:37:44] I admit there's got to be some but boy that's not an easy journey.

[00:37:50] No not an easy journey at all.

[00:37:53] It sounds like it'd be freaking extremely difficult and there's probably a lot that tried and couldn't get out if you know when we're talking about those type of people.

[00:38:03] But then again that country is so huge and out in the countryside it's probably not as locked down as well as the cities I would guess and I don't know that's a lot of border to protect perfectly.

[00:38:19] So yeah it takes a lot of guts for them to come over and in a roundabout way I'm like well that's you know a lot of American immigrants came here under duress like that and that's pretty cool but doesn't mean we need to just let everybody in at all times.

[00:38:34] And a 7000% 70X probably not a good thing.

[00:38:43] How much would it cost the Chinese spy state to purchase some leverage inside of cartels?

[00:38:53] In fact hit them against each other and be part of you know the control of the Mexican cartels.

[00:39:00] It's fun to watch Narcos right and everybody's like you know the king of their domain and it's like Latin Americans having you know that kind of power but you can make more from work cooperating with the Chinese than perhaps importing cocaine.

[00:39:19] If China decided to do that.

[00:39:25] The amount of money that nations state especially these top few like China and America have at disposal is crazy.

[00:39:34] Now a lot of it's dead base of course but I'm looking right now at one of my favorite sites USdeckclock.org.

[00:39:43] The US trade deficit just in one year with China the trade deficit is $278 billion.

[00:39:51] So if China took 10% of that it'd be $27.8 billion that they could use to buy off cartel and buy off whatever the hell they want.

[00:40:04] $278 billion I mean even if they use 1% that'd be $2.7 billion of our own money as shit we buy from Walmart that they could use to buy off the cartel or politicians all types of things man.

[00:40:19] Right and these regimes you know are known for buying gold certainly a valuable means to buy that kind of influence in any place where there's civil strife civil war you know that's our southern border now I mean that war is that war is here on the border.

[00:40:42] And I think it about time people realize that it might be a little too late.

[00:40:48] I asked somebody who I would say they're kind of middle of the spectrum but probably more leaning Democrat and they're like oh borders probably overblown this wasn't even this was like a year ago.

[00:41:02] I should talk to them again and be like now what do you think that it's five times worse.

[00:41:08] But gosh I almost forgot the story was what was it.

[00:41:15] Oh I forgot anyway take it on future.

[00:41:18] It'll be right back with you just give it a minute.

[00:41:21] Yeah no I think that you know Russia and China and what they are willing to able to do and what our deep state is you know let them get away with because O'Keeffe tonight was someone running their mouth about how they just decided to not tell Trump things right.

[00:41:41] So effectively you're not letting the person be president so really glad that came out today.

[00:41:50] We're really glad we're seeing headlines talking about this spike in Chinese immigration.

[00:41:54] We're getting the news we need and the people have to absorb it in their own due time but facts are facts and it's starting to become clear to everybody that there's threats at that southern border that are undecided.

[00:42:11] It's undeniable.

[00:42:12] I think it's well over half the electric electric is is you know it's dawning on them that's been a bum rush under under under Biden and it's going to just destroy so much inside this country.

[00:42:26] So you put your middle of the road Democrats not going to be able to die that this is you know you know it's unsustainable can't last.

[00:42:37] And that's thank you for taking that over because I did remember as you said if you just clear your mind it'll come back.

[00:42:44] It was that the problem won't really be real to anybody until a refugee center pops up at their high school playing field or at the local park and I was saying this before everything that happened with shipping migrants different cities

[00:43:05] and New York City subsidize and all that this is probably like I guess a year year and a half ago so anyway I just kind of a side tangent but but just the fact that I feel I feel like the border is one of the easiest ones to ignore.

[00:43:19] But then once they're all here it's kind of too late to do anything about it once they actually realize oh crap this isn't sustainable which I think maybe people are starting to figure out but it's almost almost too late now.

[00:43:32] And here's one more thing real quick.

[00:43:35] Mass deportations sounds good but that sounds also slippery slope I don't know I don't want to give the state such powers to just start around people shipping them out without due process but they came here without due process so that's why it just screws everything up isn't it.

[00:43:55] Yeah I'm not sure how feasible that is but trying it is up is very feasible and just the act of attempting it would make make a lot of people already on their way here think twice.

[00:44:09] So there's reasons for and against it but you know your favorite institution had a press release or a presser today a news conference without bringing us down into Fed speak to a point where we fall asleep.

[00:44:25] Maybe you could just summarize you know what is they telling the establishment finance about what they're going to do next.

[00:44:35] I think they're just trying to buy as much time as they can.

[00:44:38] I don't have the press I didn't listen to the stupid.

[00:44:41] I can't listen to these people anymore to be honest so their Fed speak is blah blah blah we can't lower rates or inflation is going to explode we can't raise rates or all the banks are going to collapse so please God don't pull don't call our bluff at least until the election and we can totally change the whole system if we need to.

[00:45:01] That's my interpretation.

[00:45:05] Yeah I guess you probably knew that without listening to it.

[00:45:10] Yeah that would they say I think there was one quote where Powell kind of built himself an out where he said if there's some softening of the labor market meaning if there is unemployment and the economy keeps going down the crapper it might leave room for them to lower rate so that's a little hint that.

[00:45:31] If there is one way to go it'll be the rate will be going down I just really really really don't see the rates going up unless they are really trying to blow up the system or if like you know the next inflation comes out at five six percent which I'm not expecting to do they'll do everything to prevent that for now.

[00:45:48] But yeah they're definitely between the rock in the hard place and their ability to maneuver just get smaller by the day but they got some tricks up their sleeve I'm sure.

[00:46:01] Yeah I mean it's going to be going to be fair to Jay Powell maybe he has the dual mandate and he is just steering it between the two goalposts but the entire you know history and the macro finance by the time he took the job was you know the fate was inevitable.

[00:46:23] Hey if I literally was made the chairman of the Fed and I wasn't able to change how it all worked I don't think there being I could do within the current system to change stuff anyway so if we consider him a neutral actor not a bad actor a neutral actor you're kind of right.

[00:46:43] I think at this point he's like I'm not touching this shit it's going where it's going but that might be giving him a little bit too much.

[00:46:50] Guess we'll find out.

[00:46:52] So if you were the entire FOMC the entire committee and the you know the chairman of the Federal Reserve and you couldn't change the way anything worked.

[00:47:07] And if you didn't want it being pinned on you during the next collapse what would you do this month would you hold rates the same lower or raise them.

[00:47:19] I think I would have had only picked those three options I would have probably held them possibly raise we're probably held.

[00:47:29] I feel like a limited collapse maybe we could recover from in the long run.

[00:47:37] We are pretty far down down the rabbit hole but but lowering them all again is just going to absolutely ensure future destruction so I'm more of a get swallow the bad medicine now and hopefully we'll get better down the road that's kind of how I tried to live my life sometimes

[00:47:57] to work hard now hopefully it'll reap rewards in the future.

[00:48:02] Whereas our economic system has been asked backwards it's borrowed from the future live today so I would try to reverse that you could say raise rates and just crash all right now and get it over with but they probably replace your ass real quick at the Fed.

[00:48:19] If you did that I don't know.

[00:48:22] Yeah I'm just talking about you know the independence of the Fed is probably not constitutional right.

[00:48:30] It was a new deal construct where seems like our country you know with it with the advent of the Federal Reserve as well as just kind of forgot the Constitution entirely so you know and there's a point to be made there right all executive power is vested in the president.

[00:48:46] And it seems like the Fed has had executive power independent of the presidency for a long time so square in that circle constitutionally is maybe on you know the near future.

[00:48:58] I would say that if you don't look at the population demographics carefully you know there's so many baby boomers and there's so much wealth within that generation.

[00:49:13] And there's so much political power in that generation right it was bigger than mine right as the boom.

[00:49:21] I was generation X our generation was smaller right and at least native born American population is it's shrinking it's not it's not growing the boomers and their wealth and preserving that wealth means this system probably preserves itself until the remaining members of that generation.

[00:49:43] And their 80s are older and that's the tail end right people born in you know the late 50s early 60s so this might take a long time to unfold is all I'm saying.

[00:49:57] It will definitely do everything they can to hold on to their assets till the end when they die some of their children will get some of the assets course government get a good portion and I'm almost wondering if they'll just start giving

[00:50:12] giving a state assets over to the legal and homeless and universal basic income and the government so yeah we'll see anyway future Dan we got to go it's been a good show.

[00:50:25] Be back next week.

[00:50:27] What do you say?

[00:50:29] Pretty sure both those things were required new laws but all it would take is a Democrat Congress with a majority asset and it's here.

[00:50:37] Yes sir.

[00:50:39] Yes sir.

[00:50:41] Another show in the bag May day May 1st 2024 screw the commies have a good one moment every single one of them.