
Charlie Kirk’s assassination is cast as a turning point that exposed global power games, galvanized Americans, and accelerated Trump’s push to restore sovereignty.
The episode frames Charlie Kirk’s assassination as a tragic but catalytic inflection point that accelerated a broad “enough is enough” backlash against political violence, pulling previously disengaged Americans into a firmer pro-civility stance. Tom Luongo argues the incident revealed deeper power dynamics, pinning long-running manipulation on the British Crown/“Davos” network and warning against scapegoat narratives (e.g., Israel) meant to fracture Trump’s base. He contends Trump’s measured pace is strategic: reasserting Article II authority, sequencing legal moves (including potential RICO actions) to make reforms impeachment-proof, and resetting separation of powers in the court of public opinion. Economically, he spotlights relisting Fannie Mae and Freddie Mac as a cornerstone for recapitalizing the middle class, restoring access to affordable 30-year mortgages, undermining a “debt-servitude” model, and potentially creating an opportunity he likens to Bitcoin-scale asymmetry. The throughline: resist provocation, reject misdirection, rebuild sovereignty, and “we will not live like this.”
This episode frames Charlie Kirk’s assassination as more than a political murder, it is a cultural accelerant that has crystallized the stakes of America’s ongoing struggle. Far from sparking riots or despair, the event has awakened a cross-section of society to reject violence, scapegoating, and manipulation. Tom Luongo argues that this moment accelerates Trump’s mandate to reclaim executive authority, dismantle entrenched globalist power, and restore pathways to prosperity for the American middle class through bold economic reforms like the relisting of Fannie Mae and Freddie Mac. The core message resonates beyond politics: Americans must hold to their last inch of sovereignty, refusing to be gaslit or divided, and affirming together, “We will not live like this.”
0:00 - Intro
1:28 - Charlie Kirk, enough is enough
11:23 - RICO cases and memorials
22:07 - Bitkey & Unchained
23:49 - Lone wolf vs coordination
30:10 - Going after the King
32:58 - Obscura & SLNT
35:11 - Department of War and RICO strategy
42:22 - Justice vs moving forward
45:44 - Already hit rock bottom?
50:11 - Opportunity Cost
50:55 - Fed policy and data manipulation
57:32 - Credit markets crisis
1:01:34 - 30-year/Fannie & Freddie
1:15:07 - Staying to fight
1:17:37 - Europe war
1:27:50 - Property tax feudalism
1:31:05 - Moving in the right direction
(00:00) that are acting as nothing but super PACs for Davos in front of Democrats and the people who killed Charlie Kirk. Assassinating Charlie Kirk like this has now accelerated the process of everybody realizing the actual landscape that we're operating here. You killed a lot of people and you did so willingly. The civilized thing is to put you down.
(00:17) It doesn't actually matter whether he was a lone wolf. Davos are continuing to operate their Gant chart and say, "Well, no, we got to start a race riot." They were hoping for people to be angry and start burning down cities and it's not happening. You know what's happening is that civilization is saying, "Okay, that's enough." We talked about it in the context of Trump and Butler.
(00:33) This seems orders of magnitude bigger in terms of vibe shift. I understand the separation of powers just well enough to know that this is part of what had to happen in order for the cries of Trump's a dictator falls on deaf ears. Putin has had to deal with the same damn thing. Getting control of Russia. The two men's actions rhyme. He's not going to leave power.
(00:51) And in 2027, when his term is up, they will manipulate the political situation again to deny people their agency. I think the Russians were sending some reconnaissance drones over Poland because well, Poland is actually helping Ukraine fight Russia. I'm not absolving Israel. What I'm saying is they can easily be a scapegoat. We're going to go after the king.
(01:08) And when I say the king, I mean the actual goddamn king of England. King Sausage Fingers himself is going to get read the riot act, I think, by Donald Trump next week. Fanny and Freddy are the ninth most profitable company in the world. They would be on the S&P 50. Fanny and Freddy may be the most asymmetric trade since Bitcoin.
(01:29) [Music] What a week. Uh I think it was exactly 14 months ago. We met a few days after the attempted assassination of Donald Trump in Butler, Pennsylvania. And unfortunately, we're meeting today in the aftermath of uh Charlie Kirk being assassinated. And uh it seems like I mean we talked about it in the context of Trump and Butler.
(01:54) It seemed like there was a big change there. This seems orders of magnitude bigger in terms of vibe shift. Yeah, I think so because you know they guess you know the guy missed originally. You know had Trump been killed a completely different story, right? And um but what's going on with with with Charlie Kirk uh and the in the aftermath of it and I'll be and I'll cop to this.
(02:19) I didn't I didn't really I mean I I I didn't I didn't interact I didn't interact with with Charlie Kirk in that that that se that that segment of you know um American politics for a long long time. I really didn't. I just kind of like I always looked at Kirk as kind of like oh you know he's he's kind of baseline and because we're so out me and the people that I I circulate in that that that part of the world that I circulate in is so far out you know on the tip of the spear trying to figure out where we are and I always look at Kirk as kind of you know kind of baseline that I just didn't pay him very
(02:50) much attention and now so I've been flabbergasted by the response here about and it I really you know I seriously like I I underestimated uh his reach, his p uh the the uh the impact that he's had and I've had to do some um some recalculation as to where we are uh in a good way like and you know I'll cop to that but like I I missed this you know completely and watching this occur has been um it's been edifying honestly watching people finally enough is enough and this is uncool and um this is beyond uncool. This is unacceptable and uh you
(03:37) especially in light of you know the timing of it. It's like Charlotte, the the Charlotte government clearly tried to suppress the video of Arena Perutka getting, you know, stabbed to death on the subway or on the on public transit. And to have that come out and then the next day have Charlie Kirk get shot and they finally get their their blood sport on national TV effect for all intents and purposes like they tried so desperately to get with Trump. Um, they've gotten the wrong they they they did not get the
(04:10) response that they were hoping for. Marty, I don't know about, you know, I think they were hoping for, you know, people to be angry and start burning down cities and, you know, start, you know, you know, bloping purple hairs in the in in the head in the middle of the street and all the and it's not happening. You know, what's happening is that civilization is saying, "Okay, that's enough, you [ __ ] people.
(04:30) That's enough." So, no, I'm really happy you framed it that way because I think deservedly so, a lot of the focus has been on the radical left-wing reaction and the rebelling in the assassination of Charlie Kirk, but I I haven't heard enough people highlight what you just did is that I think the silver lining positive reaction of people throwing their hands up, saying enough is enough.
(04:58) people who aren't on social media, who don't follow politics, basically waking up and saying, "No, this is not acceptable." I think that's unfortunately the fact that I had to get here is incredibly sad. It is and disheartening, but I I have been um positively surprised about that part of the reaction, the the positive reaction to um this event. Yeah, I mean, it's real.
(05:26) It it's been almost surreal, right? Because we were, you know, I've been saying for a long time, I'm like, you know, every time I have I've said this, I might have even said it to you the last I can't remember the you know, I talk in so many different places, but you know, every time I have somebody come out here to do some work on my place or, you know, you know, I hire a guy or I talk to a neighbor or I talk to, you know, and they'll just kind of look at me after a while, especially after once they find out what I do and what I know and they just go, "Okay, so I I shut you shut up
(05:51) now. just tell me when I get to start shooting them, right? And that's been the attitude down here in my area of the world for a couple of years now. And and I've always said, you know, not yet. That's not We don't need to go there yet. It, you know, and then we get to the point where they start shooting quote unquote us.
(06:17) And I don't want to put it in, you know, the danger now is to like start bifurcating into us versus them, right? We don't we we both want to be in, you know, just we we we don't we want to um um separate but not objectify, right? We want to we want to define ourselves by both what we are and what we are not because they only define themselves as what they are not. They're anti-fascist.
(06:44) They're anti- the no kings. Blah blah blah blah. You have to redefine yourself as an always in a positive manner. It can you can never just be against something else. When you are against XX, you that does not mean you are then by definition not X. It just means that you're against X. You don't have an ethos. You have an antithesis, right? And and so what I'm watching a lot of people do now and is define their ethos.
(07:16) And that was not the plan. That was not the intended effect here, right? The intended effect was to get people into an anti-state and say, "Well, we're not the these dirty leftists." No, we're saying we're not going to live like this. You know, I I think Kirk at some point in recent past said, "We don't have to live like this.
(07:43) " I think in response, I think he tweeted out, you know, in in in response to Arena uh being stabbed and he said, "We don't have to live like this." I said, "No, the the that's true, but it's more importantly it's like we will not live like this." Okay, that's not going to happen. But but but no, there's no butts here. If you are if you're if you state if you make that statement without equivocation with the right punctuation a period paragraph end of story and not commas or ellipsis or anything else when you state it that way that means that you're now going to look at this and say how are we going to fix this? How are we going to change this? This is not going to happen. No matter what you do you
(08:22) cannot take this away from us. It's like that it, you know, for a long time, I think people took the wrong um um message away from the the the scene in V for Vendetta where she they're recounting the the tale of the gay woman, right, where she's in jail and she's reading uh Valerie's um journal on uh oh god, I'm reading it on toilet paper and writing it down on toilet paper. It's like it's that last inch, that very last inch of us.
(08:49) They can't take that from us. They can't take that inch. They don't have us. Yes. That does not mean you then become angry and violent and and become not them. You become something greater than that. And that's what I've been arguing for a long time when I kept saying like we can't become the Fman.
(09:07) We can't we can't we can't go that route because if we do, we're going to become these demonically possessed pathetic people, right? that would think that it's acceptable to shoot a guy who just wanted to debate, you know, political reality and, you know, whether he did so at times disingenuously or not or whether he was, you know, you know, like like don't get into details about it.
(09:39) Charlie Kirk's idea, you know, method and his ethos was look, let's have a conversation, right? Let's let's let's work these ideas out. And was he better at it than the people that he was, you know, that he was interacting with on a regular basis? Yes. Was at times was it easy? You know, was he on easy mode? Sure. But that's okay. The point was not to like Ben Shapiro belittle these people that he was arguing, but to say, "No, your arguments aren't any good.
(10:02) Make better arguments." Right? And this is a conversation that my my that Dexter White and I have all the time because this that's his, you know, that's his headsp space and he's he's actually the one that has to like reel me in every once in a while because I get, you know, I get lost in my endocrine system because I'm freaking Italian, right? And so we have this we have this war going back and forth between us on a regular basis internally behind the scenes within within what we do. And that conversation that we he and I have been having for 40 years practically um is
(10:36) what has shaped the way we look at and can you know I wouldn't say predict but you know project what's going to happen in the political zeitgeist and what needs to happen next and why we can then and that's why we set you know we we strategize the messaging you know we do this we we say we sit back and go look at where are we where do we what do we need to communicate to the world over the next three to six months right? What's important now? And so, um, right now it's that's enough. It's, you know, paint murals of Ireina and Charlie
(11:09) Kirk and JFK on buildings all over America. Walk by them on your way to work. Pat them gently and say, "Yeah, we hear you. That's it. No more." Yeah. Optimistic that this is the overwhelm. Like it seems clear to me that this is the overwhelming reaction is we will not live like this anymore.
(11:39) And I mean to your point about the political zeitgeist what happens in the next 3 to 6 months and how we ensure that we will not live like this. It seems like they're I mean I had a phone call with somebody yesterday who was headed to the private vigil for Charlie and apparently there was a phone call the night before and people are getting dead serious about RICO cases against people funding these these radical groups which I think to me I know Scott Adams talked about Cernovich has been talking about a bunch of others but it seems like you have to go strike it at the rooe. Yeah. No, I mean I it and Trump coming out yesterday when he was on Fox and
(12:17) Friends to say, "Look, I'm I'm opening up Rico Rico investigation or we're going to open up a Rico." This is the second time he said it. So, it's clearly happening behind the scenes because you wouldn't say it in public if he wasn't doing something behind the scenes, right? And is it sad that it had to take, you know, a guy like Charlie Kirk um getting shot in the neck to get us to this point? I I don't think so.
(12:42) No, I think we're this was we were going to wind up there anyway because it was a matter of this is something I was arguing last night with um Lieutenant Colonel Steve Murray on Mike Ferris's show. We were both in high dudent screaming into the freaking microphone about a whole lot of things, but not nearly as as as you know rational as this one.
(13:08) This is part of the reason why I want to do this early in the morning or at least in midm morning because I get into the late afternoon and I become you know four hours of screaming into the mic. I'm like, I'm I I there's no filter left. I've got I'm raw, right? Um but um one of the things we said during all of this was that I I kept impressing about Steve and we eventually agreed with it, which is that, you know, political time works faster than legal time.
(13:34) And there's a lot of little order of operations things that the Trump administration had to go through in order to set the table to counter the programming because the programming is deep. Trump is Hitler. Like if we didn't think that the the that the programming was deep, Charlie Kirk would still be alive, right? So the programming is deep.
(13:52) The powder keg was already, you know, the fuse was already there and the match was coming down so that if Trump moved in a particular way, immigration, whatever, right? Too quick, too far, too fast, they could set it off, right? So, in some ways, you kind of had to go through the motions even though they were motions, even though everybody knew at the end of the day the Trump was going to say, "I can deport all these illegals.
(14:16) " And they go, "And then some judge comes in and says, "No, you can't." I'm like, "Well, yeah, I can because but you just think that because the executive hasn't enforced his or you know, put forth uh his um his article 2 powers that he doesn't have them anymore." Well, here, sorry. Here to inform you that's not the case. These and we're going to re we're not going to redefine. We're just going to reiterate have the Supreme Court do this.
(14:41) Reiterate all of his article 2 powers. In the process, they're al the Supreme Court is also getting to reiterate its article three powers over the lower courts because the lower courts are are are acts of Congress, you know, and when you put the whole, you know, act of Congress created the courts, the Congress legislates, the executive delegates and and and manages and the courts, you know, rule on the constitutionality of all of it. Well, I got news for you. That's the separation of powers. So there is no legal
(15:14) justification for a circuit court judge, you know, a traffic court judge to tell Donald Trump how to prosecute foreign policy. Sorry, it doesn't work that way. And your job can be wiped out with the stroke of a pen and 51 now 51% of of you know 51 votes in the Senate and 50 and you know and 218 votes in the House because they rescended the 60% rule yesterday.
(15:40) So on a lot of this stuff, not that I Yeah, I would imagine that that that fell under the 60 60% rule. So, but I may be wrong about that. I'm a legal scholar. The point being is that I understand the separation of powers just well enough to know that this is part of what had to happen in order for Trump for them for them to say that for the cries of Trump's a dictator that Trump that Trump's a king that Trump's this falls on deaf ears, right? So that when he decided, okay, I've got all the evidence now on how to get rid of Brennan, because the ultimate goal is clearly Obama, right? They're getting ready to roll Obama cuz Obama's
(16:20) guilty of treason, as is all of the people that he, you know, conspired with to commit treason. And all of those people are either going to turn on Obama or go down with the ship or try and fall on their sword. But it doesn't matter. the in the court of public opinion is really what matters here because that's the thing that has to be managed.
(16:39) That's why he's moving at the speed that he is and that's why everybody who's out there, every graper [ __ ] out there screaming that he's not going fast enough or every stupid [ __ ] libertarian out there goes saying he's not going fast enough. You're missing the freaking point.
(16:56) You're literally playing into the hands of the guys who are extending and pretending in order to try and make Donald Trump look complicit and and just if nothing's ever going to change. You have to at some point have a little bit of the goddamn faith and say, "I still have enough agency in the political process to say, I want this, but I understand that it's not happening at the speed that I want, but I want it." You have my support. Go and do what needs to be done.
(17:18) Shift those poll numbers. shift those those potential um betrayal votes in Congress because look, you got a Congress in there that would that would impeach him tomorrow over whatever he said yesterday on Fox and Friends or for being Donald Trump and get rid of him tomorrow cuz there's so much that they're trying to protect of their own corruption that you have to set the political table in such a way that he's impeachment proof and you have to teach the normies that he doesn't have a real majority in the House and Senate because most people don't understand this Marty and this is
(17:55) just reality and they shouldn't, right? I mean, and and you know, none of us should have ever thought, no average person should have ever thought in a million years that we would have targeted political assassinations of low-level political operatives like Charlie Kirk? Like really, that's the world you think we we we should live in? And those people were all waking up this morning and go that's enough. No.
(18:19) And what that's what this has done as you pointed out and sadly is that them assassinating Charlie Kirk like this has now accelerated the process of everybody realizing the world the the actual landscape that we're operating here. What the state of the game really is as opposed to what they thought it was.
(18:43) And that should work to Trump's advantage to accelerate everything and not get the political blowback because at this point after Ireina and Charlie Kirk, if he wants to start rolling up all of Obama's cabinet over, you know, Russia gate 2020 election, hell, even the 2022 um midterms. I know there's at the 2024 election, I know there's a ton of of perfectity going on there, right? because the numbers don't make any sense. The statistics don't make any sense.
(19:13) He wins the he, you know, so all of that is investigatable and all was probably done using this exact same methods as the previous times because when [ __ ] works, they keep doing the same thing over and over again until they get caught. So, you know, when I think through all of that, he's got a clear path now. and the Supreme Court in, you know, in in the recent weeks has given him all of the um predictable but necessary wins to reiterate what he's out allowed and what he's not allowed to do. And the Democrats and the Sorosites or whatever you want to call these people, Davos,
(19:48) are continuing to operate their Gant chart and say, "Well, no, we got to start a race riot in in Chicago. We got to do this. We have to we have to shoot an ICE officer." Are you going to shoot an ICE officer in Chicago? You're just handing Donald Trump the keys to the candy store to come in and turn and and and declare martial law over Chicago and clean the place up.
(20:07) Like he has that right under article 2. And I and and there ain't no way that this current zeitgeist in America after what just happened is going to sit there and turn around and go, "He's a tyrant. He's a tyrant.
(20:25) " I'm like, I've been saying for months that like they're running the Lincoln script on him, right? in order to radicalize the b the bic coastal lefties to to to try and you know justify a secession movement. No different than what they did with the south in in in the 1850s and 1860 and then culminating in 1860. That was the strategy they did.
(20:45) The British pulled this off and Lincoln won the war when he shouldn't have thanks to the Russians and among other things, right? And so that's the history, but you can see the the replay. This is how this is always replaying itself. And we're now in that third we're now in the third attempt to destroy the American Constitution.
(21:03) And Donald Trump is right in the middle of it. And um he's got people around him who clearly understand how to to to counter this. And I'm sure that he's getting like I'm sure he's getting some help on the down low from the Russians because the Russians are have or because Putin has had to deal with the same damn thing getting control of Russia over the last 25 years.
(21:26) And so I watch Trump and how he operates here in the United States. It's got an American flare to it because it's a different legal system than they have in Russia. It's different political reality than they have in Russia. But the two but the two men's actions rhyme a lot how they're dealing with the um their opposition. So I don't know.
(21:52) It's a long-winded rant to get get, but that I think it's a really important like nugget of why this is taken to this point. Um, and now if we're going to pay and if we're going to pay forward, you know, all the work that Charlie Kirk did while he was alive, you know, there you go. As the Brits would say, Bob's your uncle. Let's do the thing. Sup, freaks. This rip of TFTC was brought to you by our good friends at BitKey. Bit Key makes Bitcoin easy to use and hard to lose.
(22:16) It is a hardware wallet that natively embeds into a two or three multisig. You have one key on the hardware wallet, one key on your mobile device and block stores a key in the cloud for you. This is an incredible hardware device for your friends and family or maybe yourself who have Bitcoin on exchanges and have for a long time but haven't taken a step to self-custody because they're worried about the complications of setting up a private public key pair, securing that seed phrase, setting up a pin, setting up a passphrase. But again, Bit Key makes it easy to use, hard to lose. It's
(22:46) the easiest 0ero to one step, your first step to self-custody. If you have friends and family on the exchanges who haven't moved it off, tell them to pick up a big key. Go to bitkey.world. Use the key TFTC20 at checkout for 20% off your order. That's bit.world, code TFTC20. Over 10,000 investors downloaded the original how to position for the Bitcoin boom when Bitcoin was just 27K, and it called for 120K plus. That target's now hit. So, what's next? Tur de Mester is back with the 2025 edition, refreshed for the
(23:16) midcycle moment, packed with new data, new insights, and TUR's latest price outlook. Plus, you'll get exclusive access to charting our way through chaos. TUR's new 30inut Q3 2025 presentation explaining why this bull run might be only just beginning and what forces could push it to the next level.
(23:35) Read the first ever midcycle report from Adomantress Research at unchained.com/tc. That's unchained.com/TFTC. And also, if you're using Unchained, you can use the code TFTC for $50 off any of their services. Go check it out. Yeah, it certainly feels accelerated. Like one other detail of the order of operations getting this stuff in order.
(24:00) It seems like individual states have been doing a lot of redistric redistricting um in recent months preparing for midterms. And that was shocking. I mean, who who knows if this like if this was just a lone wolf discord group that did this or there was some sort of command from up top somewhere in the radical left uh hierarchy. But critical misstep because I I think heading into midterms, everybody's focused on the economy solely in terms of that being the the final determination of whether he would get a full majority in the House and the Senate and now you have this event where the economy is second fiddle now. No, I I I agree with you. Just to just to put a fine point on what you just
(24:42) said about, you know, about the shooter himself, it doesn't actually matter whether he was a lone wolf or he was being groomed in these Discord chats. Okay? Doesn't really matter at the end of the day. Um because we don't have to have a overall plan of, hey, we're going to kill Charlie Kirk on this date here and plan it out like this. This is this. That works out really well because we all have a movie script mentality.
(25:09) But I I get I have to be reminded of this by Dexter White all the time because I like to do that. And he's like, "No, sometimes you just set the game board up. You just set the zeitgeist and then allow the thing to percolate to the surface, let the event happen, and then capitalize expos.
(25:26) But you're ready to go with the pre-prepared narrative, right?" Um like, so I can, you know, I'm not saying that's operative here. What I'm saying is keep both of those, you know, mechanisms in your head because sometimes it's gonna always it's going to turn out that, you know, they had a plan, they did the thing, yada yada yada, but and it and other times it's going to look like that, but it actually wasn't right.
(25:52) Um, you know, so and and because if you keep those two frameworks in your head, it'll keep you from like becoming radicalized in how you react to new stimulus because then you become predictable and they can and they can predict how you're going to react and then set the next set of events in motion to lead you to their desired conclusion.
(26:16) And the the they in this scenario is the British. Okay. And that's why I get angry about because clearly what they were doing for the first 48 hours until this kid was caught was to try and blame this on Israel. And they're still trying to blame it on Israel. And I'm like, Israel is not a part of this. Like they're manufacturing slop on 4chan and Twitter and everywhere to try and push this into a particular direction. Why? because the goal here is to break Donald Trump from his base.
(26:46) Okay? That's part of that's that's what this operation is about. Okay? And we have to remind ourselves that sometimes [ __ ] just happens and then they capitalize on it afterwards and or sometimes they plan stuff stuff out.
(27:06) But they always have a plan on how they're going to capitalize on the uh on the event itself to push things in their particular direction. The greatest I I keep reminding everybody of this. The greatest trick the devil ever pulled was proving he didn't was you know convincing everybody he didn't exist. And at this moment in time the that is the remnant of the British Empire.
(27:26) Nobody wants to believe that all roads still lead to London. But Trump is leaving you every freaking clue imaginable that it is and that it does and it's not going through Israel. That's the problem. Again, I'm not trying to deflect anything that Israel is doing in Gaza, which is [ __ ] inhuman, right? Their response in Gaza is unacceptable.
(27:45) Okay? Period. Like I I I don't know how else to put this. I'm not absolving Israel. What I'm saying is they're they can easily be a scapegoat to misdirect you away from who the real actors are because it those guys don't have the same reach and power that go back 500 freaking years that the British, the Dutch, the Venetians and all that all that doian concept, you know, exist. You know, I'm sorry.
(28:18) I don't I don't see it's the Jews, for example, running around trying to elevate Indians into positions of power around the world and then flood, you know, all of our corporate offices and our and our corporate boards and our and our, you know, and our local governments with their people through H-1B visas and everything else.
(28:40) Like, this is a story that was suppressed forever and a day and it's now all over us, right? I don't see that. I I mean if it was true I would believe it but I don't believe it. I think it's easy to get caught in the pre here have this pre-print narrative for you. Follow this pipe piper Nick Fentes. Follow this this this this [ __ ] artist Ian Carol follow this follow this opportun opportunistic [ __ ] Candace Owens.
(29:10) Like I I you know I'm this is where I am on this and I I'm I'm sorry. I that's what I think and I watching it happen in real time every time something happens anymore. It's always this and then I can always tell when I'm over the target because I get 50 freaking people coming out of the woodwork on Twitter telling me that, you know, I take checks for Israel.
(29:29) I'm like, "Dude, have you seen the house I live in? Like, the Israelis don't pay very freaking well." Like, okay, [ __ ] off. But then again, I've always been a Russian asset. Then I was a Chinese asset. Now I'm an Israeli asset. Like, [ __ ] off. Like it's all [ __ ] Like these are all just intelligence operations because you you refuse.
(29:46) And when you refuse to stand by and and be set up to give everybody the pat answer, you become everybody's [ __ ] I'm okay with that. That's like my brand, right? So, but you have to remember that that's that's where you're going to that's where it's going to go. And that's the kind of the point here. So the why this is important is because that's where they're trying to misdirect us and they're trying to misdirect our energy as a away from what needs to be done, which is what we started this podcast with, which is to say, "We're not going to live like this. We're not going to
(30:29) allow you to gaslight us in into u a bad reaction. We're not going to do this. We're not going to do this. We're not going to do this. We're not going to fall for false scapegoats. We're going to go after the king. And when I say the king, I mean the actual goddamn king of England.
(30:49) King Sausage Fingers himself is going to get read the riot act, I think, by Donald Trump next week. Someone asked me on Twitter yesterday, the other day. Next week. What's that? Next week. Yeah, he's going to he's going to to to England next week. Right. So, um, that state visit that, you know, queer st queer Stalin was like, "Oh, this is a very great opportunity, a great honor for a man to be given two like state visits with the king." Like, shut the [ __ ] up. He's the king of England.
(31:18) He's not I'm supposed to believe he's not all that freaking important. Every day people tell me he's not very important, but then when it matters, all of a sudden, he's the most important man in the [ __ ] world. How about why is Trump going to meet with the enemy? I was asked this the other day.
(31:36) like I there doesn't I why would you go into the lion then? I'm like to offer to sorry to present their terms of surrender. The United States is done being the lesser colony that got away from the British Empire. But there's a lot of work to that had to be done behind the scenes to get to this moment. And we you and I have talked about this over the last four years. Sofur this all of this stuff the financial stuff.
(32:03) You watch Besson, you watch Trump, the whole why Fanny and Freddy, like it's all part of it's all part of the tapestry of how do we recapitalize America and we recapitalize most importantly the lower middle classes of America. And that's where that's where the sol that's the solve of all these differential equations of Bitcoin, the treasuries, stable coins, Fanny and Freddy, banking regulations, Fed reform, all of it.
(32:32) getting rid of the NOS's, changing the foreign ch getting rid of the 2% inflation mandate by the Fed, um renaming the Department of War so that they don't have to follow the 2018 NDAA anymore, which says you, the Department of Defense must prepare to fight a two-front war against China and Russia. No, we're we're turning around and we're saying, "Nope, fortress fortune Western fortress western hemisphere, everybody get the [ __ ] out.
(32:55) " That was the biggest news of I mean of last week. Suffix. This was brought to you by our good friends at Obscura. Obscura is the first VPN that can't log your activity by design. Instead of empty promises, Obscura fully embraces the Bitcoin or don't trust verify mantra.
(33:10) They can't log your traffic even if they tried. Obscur believes that user data is toxic waste in addition to private payments via lightning. You can sign up with an account without having to give any personal identifying information. It's a beautiful thing. It's the VPN I use every day. It's incredibly fast. You can go on streaming sites with it. They don't they don't say, "Hey, you've got a VPN.
(33:27) " It just works. So go to obscura.net, use the code TFTC25 for 25% off an annual subscription. Obscura.net, use the code TFTC25 for 25% off an annual subscription. Sup freaks, this at TFTC was brought to you by our good friends at Silent. Silent creates the best militarygrade Faraday apparel for your everyday life or in Bitcoin. Hardware.
(33:50) Securing your hardware in Bitcoin is very important. You want to make sure you're not leaking any signals, Bluetooth, RFID, NFC. Make sure you get silent apparel. It has patented technology that makes it impossible for those signals to leak. I've got the cross body bag here.
(34:10) Uh I keep my phone in it when I want to unplug and make sure I'm not being tracked by big tech and potentially the government. Easy in and out. They've also got a wallet that I've been using as my daily driver. I was using Ridge Wallet for a while for the RFID blockers that is very thick and was big and hefty in the pocket. Now, I have the silent card holder, which acts as a wallet essentially. They've got these great sleeves for hardware wallet protection.
(34:35) If you want to make sure that you're not leaking any of the signals, NFC, accuse NFC compatible. Don't want to leak it. Just want to be double sure. Protect it from EMFs. Put it in the bag. Go to silent or excuse me, slt.com/tc to get 15% off any and all the products on their store. Important to note, Silent is also a company with a Bitcoin treasury. They accept Bitcoin for payment.
(35:02) So, if you're on a Bitcoin standard and you're looking for militarygrade Faraday protection for your everyday life, go to slt.com/tc. You'll get 15% off. Department of War now coming out and saying, "Hey, we're sort of the Department of War.
(35:20) " I mean, the renaming the Department of Defense to Department of War, I think, was a little bit of legal ease. I'm I I haven't even I I've mentioned this and I'm hoping that somebody either pushes back on me about it and say no no no no or whatever. But look, we renamed the Gulf of America the Gulf of Mexico the Gulf of America for a reason. It was to invalidate contracts and to invalidate treaties that mention the Gulf of Mexico by name.
(35:42) So that then you have a you have then the government has a the American government has a free hand to ignore those treaties signed in relation to the body of water previously known as the Gulf of Mexico. It's not just a little bit of of you know it it there's a you know it it may be fasile and it may be childish but it may be it may have some truth to it.
(36:07) And the same thing with this with with them literally saying we're not going to follow the 2018 National Defense Authorization Act which was re-uped in 2022. Remember me and that remember Tulsi Gabber coming out against the uh the entire um um you know re-upping of FISA 702 and all this other stuff which was the main thing that she you know main thing that the the Senate didn't you know believe her about and gave her the rash of [ __ ] over during her confirmation.
(36:34) Um, but hey, I don't know. In writing. Yeah. So, what do we got? Political votes. Pentagon officials are proposing. I pull this I pulled this up. The validate we just said. It's like Western Hemisphere. We're going to focus on that. Yeah. Yeah.
(36:52) And so, but you might have had to change the Department of Defense, Department of War in order to be able to like have the legal maneuvering to say we don't have to follow the NDAA anymore because it's law, right? But if you change the department's name, like, well, there isn't a Department of Defense anymore. or the Department of Defense does not have to follow this law because it is no longer the Department of Defense. It is the Department of War.
(37:10) It's it's like I said, it's a little childish. It's a little cheesy, but you know, you dealing with you're dealing with orcs who, you know, at this point who play legal games. Well, if you're going to play legal games, we're going to play legal games. Oh, these are the rules now. We can shoot our political opponents.
(37:29) You don't want to open up that can of worms, right? We you you want to play the legal game of, oh, this is in this fine. You want to you want to play that? Yep. Frankly, that Talmud bull [ __ ] Fine. We'll play that. We can play the We can play that game better than you are. You want to know why? Cuz we're smarter than you. That's why we have Steven Miller. Yeah. Meaning yes, meaning Steven Miller.
(37:47) Thank you, Marty. He's incredibly impressive and he seems very he seems very uh very motivated right now. But let let's lean in. So So like order of operations, I'm here. We're at a point of acceleration. Rico, Obama, Russia, Gate, Soros, like for those who are unfamiliar with how uh the RICO process goes, what what do you think or how do you think this could play out as it pertains to Ricoing these people? Uh, and this is where I I I'll cop to not having a tremendous understanding of this stuff. I probably and this is something I probably should have a better understanding of, but you know once you know once you can prove any
(38:30) kind of conspira you know I said to do x y and z. I'm a huge I'm a huge critic of the whole RICO statute. I think it's terrible statute. I really really do. Um I mean in that respect as a civil libertarian Rico's awful and and I find it really funny that just as an aside that they tried to kill Rudy Giuliani, Mr.
(38:52) Rico himself, which is how he cleaned up the which is how he cleaned up the mobs in New York and how he cleaned up the the streets in New York and he used Rico for it. Um, like that's that's Rudy's thing. So, if anything, the Trump administration is being has been, you know, briefed on how to use this to its maximal advantage for years because Rudy's clearly a Trump um uh in Trump's camp.
(39:16) And I'm sure that they knew each other for years when Rudy was mayor and Trump was actually just a quote unquote shipbag property developer from Queens, right? So, but you know, Rico is really it's actually really quite simple. As long as we can prove that, you know, you did this in relation to that, then we can create a conspiracy and we can, you know, intent to create a conspiracy and therefore we can then we can just keep rolling people up that way. And it's like and it's it and that's why it's that's why I'm not a fan of it.
(39:41) But under this scenario, again, sometimes you have to realize that you're going to get people like they put Al Capone in prison. They finally got Alapone on tax evasion. They didn't get him for the murders. They didn't get him for the the alcohol and the drugs and this and that, you know, all that. They got a tax evasion.
(40:02) They're going to get John Bolton for some other damn thing, right? They're going to get Barack Oban on, you know, not, you know, they're not going to get them on the crimes, generally speaking, that they're actually guilty of, but they're going to get them on something, and they're going to get rid of them, and they're going to make an an example of them.
(40:20) Uh and it's also but unfortunately while you do that it's going to leave the people who were co-conspirators and out because they if you can only go you know when you're you know investigating component for tax evasion it doesn't mean it means that you can't get them on anything else right because everybody else is is holding their holding their water and you don't have enough. So this is the game that's being played right now.
(40:45) Um but they can once it once this process starts and once they start using RICO in that way they're going to use it tyrannically you know by any measure by any any measure of of um of authoritarian power. The question is to what end? And this is where a lot of people will be very uncomfortable with you know the analysis and including myself which is um we are in a war and during a war like this is Steve Murray yesterday was like dude just forget it just call it's all treason just try them under you know military court military you know uniform military code done try them you know
(41:26) under uniform code of military justice done don't get out of the civilian courts just go that route I'm like, "Okay, now we're opening up another like layer of can of worms here." But this has to be the people ultimately at the end of the day, the people have to want this and Obama is still loved by too many people to go after him yet.
(41:54) So start rolling up all the lieutenants, start taking out their jobs, start taking, you know, start trying to turn them into into witnesses and start building the case so that when the day comes, you can go, look, this is it. This is this is what we've done. This is who we can get on what we can get them for. And you're going to have to accept that that's as much as we can get.
(42:11) Now, people like the Clintons, I don't care about, right? I mean, while I'd like to see Hillary Clinton perwalked because it would just, you know, warm the cockals of my cold dead heart, who cares, right? At the end of the day, I it there's justice and then there's moving forward, right? And I'm not saying we don't move we don't have any justice before we move forward.
(42:38) But we're going to have to balance those two things. There's going to be some justice served and then there's going to be some moving forward. And anybody anybody arguing for one extreme or the other, you know who they work for because they're not being realistic or they're just they're or they're not worth listening to. Take your pick.
(43:06) I don't care if you want I I will default to at this point in time everybody's an enemy combatant, right? We're in war. So, I have to treat everybody that way. That's not fair. I'm not I I'm I know what that sounds like when I say that, but my role in this space as a commentator is to be that guy. You can choose to disagree with me on that, and you probably should, right? Because on because on any given Thursday, I'm going to disagree with myself, but that framework has to be at least explored and understood. so that you can figure out where we're going to wind up because you asked order
(43:44) of operations. Where do we go from here? There's going to be some. So, we're going to get some scalps and we're going to let others walk and everybody's going to have to be comfortable with that. As long as what Trump is saying is like, look, we're going to succeed our way out of this crisis period, then then the way you win and the way you beat the Soroses and the way you beat the the Crown and the way you beat Davos and the way you beat all these chaos, you know, these people who think they they can win the
(44:11) day in crisis is to make people successful. is to give them the opportunity to succeed, build a wealth, build a life, have a positive experience because people who are posit who are in a good place don't revolt. And they want us to revolt. They want us, you know, they want to they want to see a million people marching on London.
(44:38) They want to see the French firebombing courts and, you know, and and roadways and everything else. They that's what they want cuz they think that that's going to ult because that'll that righteous anger will burn itself out and then they'll come in with the jean arm and [ __ ] and elbows and and lock the place down and because the normal people will be like look just restore order.
(44:58) We're already at that point. The response to Charlie Kirk proves that we're at that point. And that tells me that my that when I was just one last thing um because I was just this this just literally just popped into my head which is that for a long time now I've been positing whether or not we've already hit rock bottom.
(45:24) I don't know if I if if you and I have had this conversation yet but about a year ago when I was working on you know one of my two two newsletters I I I sat down as was going through the narrative. I'm like, you know, we all sit here and keep wondering when the thing o that the the crisis that's over the horizon is going to happen and when we hit rock bottom, what is it going to look like and how do we prepare for that and blah blah blah blah.
(45:50) And I just stepped back and I said, but the but you know, but we actually may have already hit rock bottom. And then I just listed off all the things that we're dealing with, you know, an invasion, you know, gender fluidity, this, that, blah, blah, blah. I listed off like 12 things. Mhm. And I'm like, that's not the definition of rock bottom. Everybody wants like the, you know, the running around in the streets. And so if that's the case, so that was what I said.
(46:13) I said, I don't know if we have, but how about this? Those are your conditions. Now, when we get to the next crisis, how do we react? And how are we reacting? Exactly the way we talked about at the beginning of this podcast. People are going, "That's enough. The corner's been turned." That was America's rock bottom, the Biden hunter. It's not over the horizon, folks. They keep telling you it's over the horizon.
(46:38) Why is it why they keep telling you it's over the horizon? Cuz they're trying to get you to look over there and not look at the collapse that's happening over here. Yeah. And like I actually had a similar thought earlier this week or last week with the jobs revision like a 911,000 jobs just were completely fake. And you're able to look back and think retrospectively and know that the anecdotal data was screaming like we're in a silent depression.
(47:08) Like there is no way the economy is as good as being marketed by the Biden administration. And like I had that thought earlier this week. It's like, oh, it seems like it is behind us this revision. Yeah. Yeah. And and that's a great point about this this part of the cycle, right? And you know, I know you and I talked about how the how the the employment data and the inflation data were being used, you know, to try and push Powell in one direction or the other.
(47:35) And we talked about this last year. I know we talked about it earlier in the year the last time I was on. I'm sure we talked about this three or four times. And note how it always worked out exactly what I was saying. They were under they were overselling the jobs recovery in the run-up to the election in order to try and keep Biden in office or to to pump up Harris.
(47:55) And that all that did was kept well then Powell kept saying, "Well, I don't have to cut interest rates." And then he doesn't cut interest rates until the credit market start to hit crisis mode just before the election. And so he relieves the he puts, you know, he opens the pressure release valve by 50 basis points.
(48:13) And then the next meeting is, you know, right before the election, which that doesn't matter. Uh, and then the December meeting happens. We get the new government comes in. We don't know what Trump is going to do or we don't know what Trump's going to be able to get done. And it made sense. And then they started, you know, muting with the the the the employment data and the inflation data in order to try and make Trump look bad, which was also playing into Powell not cutting interest rates.
(48:46) Oh, inflation's too high and see he hasn't fixed anything and there's, you know, there's and the jobs are falling off a cliff and blah blah blah blah. I'm like, and how's like, sorry, you know, can't cut interest rates yet because cuz they were doing they were messing with that data while they were screaming the tariffs were going to create hyperinflation.
(49:04) Well, you're going to scream hyperinflation over the tariffs. Hell's not going to cut it cut interest rates into that situation. I wouldn't. And even though I knew that it wasn't going to be inflationary, at least at at, you know, in first blush, right? I knew it like it's like the tariff whole argument about tariffs, you know, from a hardcore free market perspective, say like from a Thomas soul perspective is that look, at least for a year, 18 months, tariffs are going to work like a champ. The proof in the pudding is going to be whether they continue to work after that, right?
(49:35) That's going to be the interesting part. So, it was always a dumb argument and I'm like, yeah, if I was pal, I'd be like, I ain't cutting interest rates either. Sorry, Trump. I'm not not doing it. You can you can lamb base me for strategic purposes publicly all you want, but this is the right course of action because what is this doing? It's forcing everybody else to cut interest rates because we're draining their we're draining the vitality from their capital markets.
(49:59) We're we're raising we're keeping the cost of dollars which they desperately [ __ ] need as high as possible. And so that's that's working to your advantage and giving you all the leverage you need to cut the trade deals that you want. And that's exactly what happened. Sup freaks, guess what? We launched a browser extension.
(50:16) It's called Opportunity Cost and it helps you see the true cost of everything in Bitcoin. Convert prices to Bitcoin as you browse the web. Opportunity cost automatically displays fiat prices in Bitcoin or SATS helping you think in a Bitcoin standard. It works on Amazon, Zillow X, your bank account, QuickBooks.
(50:34) You can convert everything to Bitcoin. It's really cool. It's also 100% open- source MIT license. We don't collect any data. All of the conversions happen in your browser on your local device. It's a great way to recalibrate your life and begin thinking in SAS. Go check it out at opportunitycost.app. That's opportunitycost.app.
(50:59) Now we're days away from the next FOMC meeting. So, and I think everybody is all but certain that there will be at least a 25 bip cut, potentially a 50. It's being priced in uh to a certain extent. I believe 20% odds right now or probability is it did we close at 20% in the Fed funds futures on Friday because the last I looked I was very busy yesterday so I missed the the close on that I didn't look at it the last I saw it it was only like 6% but um but that was Thursday so I I literally didn't it's at 7% on poly market now which we're using yeah the um and the Fed rate
(51:32) monitoring tool is says 3.6% 6%. This is what I think is going to happen. I think it's going to be 25. Um, and it's because of the inflation data. It's because of the CPI. If the CPI had come in like the PPI at low, then I think we'd be looking at 50. Um, so, you know, last week I was saying my base case is 50. Now I have new data.
(52:01) the it was the PPI on on Wednesday and the CPI on Thursday and I you know for the for the patrons on the market report on Wednesday because I always do them on Wednesdays and Sundays. Um what I said was when I put it up I said I've been saying for you know 3 years now that we're on a commodity cost push inflation environment um because the directional change in the roll the fourmonth rolling average of the CPI is um tied ties over lays over nicely with the monthly closing price of gasoline futures. So you just take gasoline futures monthly close and sum up the
(52:37) last four months of of of inflation data chart those two things together over time and for the last four years certainly since POW started raising rates they're directionally in lock step every once in a while there's a there's you know there's a month where the CPI goes up and the gasoline goes down but for the most part it's like a 95% correlation it's it's it's actually quite an impressive um bit of u of of uh forensic work on my part. I I originally started with like the one year, then I went to the six month. I'm like, "Nope, that's four months." And that has to do
(53:10) with clearly this the gasoline supply chain and how far out people are hedged in the gasoline market and then it starts to show up and that's why it show starts to show up in with a four-month lag in the CPI because of of u of uh of you know the when it shows up at the pump, right? like they're buying it wholesale, they're selling, and then eventually they sell it at retail, and there's a four-month lag.
(53:39) Clearly, people were hedged four months out into the future. What happened on Thursday with the CPI? So what I said was like say well given that the the the the August close in gasoline was down like 13 or 14 cents over July I'm expecting the number to come in around for the month overmonth change in the CPI around 0.1 maybe zero but 0.
(54:03) 1 would be like the the perfect predictor of if this model was still holding and I said if this model is still holding and I'm not sure about that but if this model sure is still holding then that's what we would see and then the CPI comes in 4%. And and the the one thing I did say, I said, you know, that we're getting all this discussion now about g about electricity prices spiking because of data center needs and everything else. Supply chains and electricity are becoming acute.
(54:28) Well, if you look internally on the CPI, and this is where Zero Hedge is always, this is where Zero Hedge is really at its best. is when it's producing data like this, not the not some of the the the the slop commentary that's out there, including my old when I used to write articles that were on zero hedge, I'm including some of those things.
(54:50) This is where zero head, which is the breakdown of the CPI, you saw that year-over-year, electricity prices were up nearly 14%. Pipe natural gas for energy purposes up almost 9%. Gasoline prices were down 6.6%. So, we got a big rise in the CPI even though gasoline prices fell means that we're into another factor is beginning to exert itself over the the the inflation as calculated by the CPI. So, my old model may no longer be working.
(55:24) I may and I've been saying this model is going to work until a state change occurs and a state change is occurring. So let's see if this is a one-off or, you know, we start to see a new trend, meaning we see a decoupling of the price of the monthly closing price of gasoline with the fourmonth rolling average and the CPI. If we, you know, get two or three months of that where they're out of phase with one another, we're like, "Oh, well, we're in a different environment and now we have to like come up with a new rationale as to why those two things are out of lock step with one another, right?" Which is
(55:55) perfectly reasonable. Like, you know, it's never always that way. Precoid or pre uh not pre-COVID, but pre uh yeah, pre-COVID, no, there was no correlation between these two things because in a demand pull environment, there shouldn't be. the demand for credit is independent of the price of the change in the price of gasoline.
(56:13) You know, a demand pull environment should be that way. In a cost push environment, it will be. So, that's the way I look at it that way. That's why I think we're only going 25 with the Fed on Wednesday because while Powell was saying like I'm I'm scrapping the 2% inflation target.
(56:32) Yeah, I don't think I'm going I I don't think I can do that with, you know, with the the level of of uh of of inflation. Now, that being said, the PC deflator hasn't come out yet. Um, and uh, which is one of the Fed's favorite indexes or indices. Um, indicators, sorry, those are both of the words were wrong. So, I don't know. Like, I I mean, I'm okay with 50.
(57:01) Like, honestly, like in this environment, I'm okay with 50. Personally, I think I think Powell should do exactly what he did last year. 50, 25, 25 and then sit out January and at his last meeting sit down and go to Trump. Okay, what do you want? Or what's your new what's your incoming chair going to do anyway? And then do whatever they're going to do.
(57:19) And if it's Judy Shelton or whoever it is because Scott, you know, Scott Besson taking selfies taking freaking selfies with Judy Shelton the other day. Kind of hard to miss that. So I don't know. Like that's that's where I think I I think we are. But, you know, you know, predicting this stuff at this point isn't really that important.
(57:37) What's important is I think we we're we're definitely into the next rate cutting cycle right here. The labor market is clearly not great. The credit markets are too tight. Um, my own personal experience in trying to, you know, get some, you know, some mortgage credit like against my existing house and and and and you know, roll out my capital. No, dudes. Like, it's insane.
(57:56) Like, the underwriters are working overtime every freaking day to deny people loans. I was talking to a friend of mine that I that I uh that I play World of Warcraft with. He's in the industry. He's like, "This is the worst freaking week of my life, and it's been just terrible.
(58:14) " And he's like, he's listening to me complain about what I'm going through with the with the bank that I was trying to get a a cash out reorggage on my uh reortgage on my house here in Florida. And uh he was like, "Dude, I hear that story 10 times a day." And small business owners are just they're not able to get the freaking they're not able to get mortgages anymore. It's like it's terrible.
(58:34) There are so much in there is so much regulatory crap in the system that it's insane. So, if you want to um if you want a a little nugget of where I think one of the things we should be looking for, note that Scott Besson a couple weeks ago said that we're we need to declare an emergency in housing in the United States.
(58:51) And I think it's over the regulatory scheme of how do we get small business owners, you know, access to consumer credit because it's it's bad. It's terrible. And the minute I started talking about it, I'm having people say, "Oh, yeah, dude. Like, I I I fought with the mortgage company for three years in order than this guy." And they come out of the woodwork and they're like, "I make more money than, you know, I make far more money than I'm trying to to to, you know, this is them saying like I'm looking at it going like I the amount I wasn't even asking for a lot of money.
(59:15) Just a little bit of extra money to develop my property up in Tennessee is really is what it came down to." And um no, no, it was it it it's it's and it's and it's and it it feels vindictive, right? But I don't think it is. I think it's literally just DoddFrank, Sarbox, this that everything. All these banking regulations that were put in place both by the Federal Reserve and by Elizabeth Warren the CF when she was running the CFPPP were designed to make sure that the middle class didn't get access to um easy access to the kind
(59:50) of consumer credit necessary um in order to free up their cash flow in order to start rebuilding the country because that's what the 30-year mortgage fixed rate mortgage does, right? The 30-year fixed rate mortgage says here, as opposed to taking a 10-year mortgage out and tying up all your cash flow, advertise your house over 30 years, build your community, build a business in that community, and you're paying 5% on that loan.
(1:00:14) Well, build a business that's growing at seven that's thrown off 7% a year and your business is paying for your home and then you build a community. And that was the that's the model. And who hates that model? Davos City London. Yeah. Yeah. I mean, explicitly. They explicitly hate it. You'll own nothing and be happy. Exactly.
(1:00:38) So, this is why the realist of Fanning and Freddy is so damned important. This is why the housing situation is so damned important. And this is why um Trump was like, "Look, we're giving you every opportunity to act like act like grown-ups this summer, but nope, sorry, we're done." And they just got rid of the, you know, the 60% rule on a lot of these things.
(1:00:56) and effectively ending the filibuster and they can put the filibuster back in place before they leave power. That's what I would do if I if I would if in order to really like regain the trust of the American people, I would suspend the filibuster for like the balance of this term and then right before the last Congress, the the last the day of Congress, they reinstate the filibuster and then and then go, you know, 2028 and then say, "Fuck off." And you know what I mean? Like that's what I would do.
(1:01:20) just like, "Oh, by the way, we're done playing games with you or we are you want to write the rules this way. This is the way we're going to write the rules." Yeah. You know, it's fascinating. Um, so a few things. Sure. One, just a retrospective on the ongoing conversation we've been having, hey, for two and a half years about this particular topic.
(1:01:44) Like, is the timing right in your mind? Like, did Pal, according to your thesis, do what needed to be done? And now we've gotten to the point where it's like, "All right, that's done. Lowering rates is acceptable." Yeah. And then to your point about moving forward like and uh Rock Bottom being behind us potentially.
(1:02:02) I'm beginning be convinced with that. I've been having a lot of conversations with Mel Madison. I'm not sure if he's on your radar, but he's been predicting. He is. I haven't actually I haven't actually chatted with Mel, but I've heard of him. So, yeah. But he I mean, he started calling it December of last year.
(1:02:18) He's like, I think we're going to have like a a short little correction post election with tariffs while people figure it out and then we're going to scream. Uh the markets are it's all systems go and he's still I had a conversation with him last week and he's like I'm bullish. Bonds, gold, Bitcoin, stocks. Yeah. Yeah. Um not not globally, mind you. The only the United States.
(1:02:38) Yeah. Yeah. Because the capital flight out of Europe is is is going to be biblical. But yeah. Yeah. No. And another thing he mentioned he's like I think we'll see a four handle on 30-year mortgages next year. Um and so what what is the plan with Fanny May Freddy Mack? Um pretty obviously they want to um Trump's already talked about the the baseline um or the the framework of it and he's clearly in negotiations with the big banks who are the holders of the junior preferred shares which are the quote unquote holdup. But and and that gets into a and and and that once I
(1:03:14) start going down that rabbit hole with the junior preferred, it'll make this like sound like an insanely complicated mess, but it really isn't. There are a bunch of junior preferred shares out there. Some of them are convertible to commons. Some of them aren't.
(1:03:31) A lot of them are paying, you know, coupon fixed coupons and a lot of them and and they were in the wake of the 2008 financial crisis, a lot of the big banks, and I'm talking Goldman and Morgan and Stap and all the rest of them. And these junior prefers were there originally were handed to the small and regional banks as um as capital, you know, and when Fanny and Freddy were bailed out and they and and they needed to be dealt with.
(1:03:55) And so these junior preferred acted as the tier one capital that they needed to um to to shore up their balance sheets and then those got gutted, right? And so they got loaded up with all these junior prefers and they got gutted and then they got bought and now you know Wall Street's sitting on you know $30 billion of these things and they want or you know you know that they paid for paid nothing for literal pennies for and they're arguing with Trump over how big the uplift is going to be when they get paid off. Is it going to be 15? Is it going to be 3 to1 4 to1? Because look at the the price of Fanny and Freddy today. They're trading
(1:04:23) around 12 $13, right? Or you know 12 and 13 for Freddy and about $14 for Fanny May. They've been moving all they moved hard this week and then they corrected into the the weekly close. I think um Fanny closed at like 1465. They hit a high of like 1550 or whatever. Um Trump wants to IPO them in November and I mean November 6 weeks from now or so.
(1:04:47) um at $50 a share effectively $500 billion valuation on, you know, when you do the when you do the fully diluted, you know, conversion and everything else, it works out to about $50 a share or $500 billion u market cap at, you know, I ran the numbers at, you know, nine bucks. So, I guess they're about 135. They're currently worth about $135 billion market cap fully diluted.
(1:05:10) So there's still another, you know, basically $50 up, you know, $50 IPO that tells you what their market cap is currently. Just divide where they are versus that and then do the math. Meaning Fanny and Freddy are the together are the ninth most profitable company in the world. Okay? They would be on the S&P 50.
(1:05:36) They would be immediately it would be the great American mortgage company would be immediately moved be moved into the DAO. Okay, this is what Obama is really guilty of, which is destroying the 30-year mortgage market in the United States. Okay? And you know, Fanny and Freddy needed a bailout in 2008. It was a whatever the bailout was, $120 billion, whatever it was.
(1:06:04) They paid that back almost twice over um work for $180 billion, whatever it was. They paid back over $300 billion against whatever the debt was. Bill Aman's got the actual numbers on this and he put out a really great presentation back in January that I I know I've linked to and I know is in some buried deep in my Twitter feed somewhere, but you can go look up the Acan presentation from January 2025 and sit down and listen to it.
(1:06:31) It's about an hour and a half long and um he he goes all the over the history of the numbers and everything else. But the the long story short is that bringing Fanny and Freddy out of conservatorship, which they're still in, but they shouldn't have been for years. Obama's stole hundreds of billions of dollars of Fanny and Freddy's profits and used it to fund Obamacare.
(1:06:57) And the one thing that Trump did back in 2017 when he first took in came in office was he ended the net full sweep of all of Fanny and Freddy's profits into the government budget. Now that was that way from 2008 to 2017. Now the justification for that originally was because of all the money that you know the government bailed out Fanny and Freddy with.
(1:07:18) But remember the government also owns a 79.9% stake in Fanny and Freddy. So, you know, like how much does the how much does Obama want to get paid back for the $180 billion they put into Fanny and Freddy back in 2008? The good question. I think the number is all of it. Okay? Because the point is that under the current underwriting rules and everything else, it's become very very difficult for the middle class to get access to a proper 30-year fixed rate mortgage without some other layer of ownorous um capital requirement up front. The big one being a 20% down payment, okay? Or
(1:07:58) 20%, you know. So, in effect, who has, if you're buying a $400,000 home, who has $100,000$180,000 laying around to put a down payment down on on a starter home? Nobody. So, then you have to go to Fanny and Freddy at three, you have to come up with three and a half%.
(1:08:18) Even most Americans can't even afford that on a $400,000 home or 300 or a $250,000 starter home in America. That's a lot of money for someone making 45 grand a year, right? Um 50 grand a year. So, it was designed from the ground up to inflate housing prices, keep the boomers in invested in the old system and everything else because um they were going to take their houses that they sold that they bought for a paperclip and some chew, you know, chewing gum wrappers back in the 1960s and now they turn around, sell it for half a million dollars or a million dollars, move to Florida, buy a $300,000 condo condo, pocket the rest, and then, you know, and
(1:08:48) then sail around the world on, you know, Carnival Cruise Lines. That was the model. and [ __ ] their kids because the boomers hate their children. Um, and say, "Oh, you're lazy. Why don't you just go out and work for it?" I did. Like, no, you didn't. You You rode the inflation wave.
(1:09:05) Like, I when my mom died, I remember saying to myself, I'm like, "My dad didn't build any real wealth. My mom didn't build any real wealth. The only all their wealth was tied up in in the appreciation of their housing. We rolled up generational wealth from my from her parents into into into my parents' estate on their balance sheet.
(1:09:29) And then from there, the increase in the price of their home um is what you know was I mean I'm like we we're we're the my family is the direct beneficiary of Federal Reserve policy. I saw this back in 2003, okay? When my mom sold her freaking apartment down in Marco Island for a stupid amount of money in 2005. A stupid amount of money relative to what they paid for. And I'm like, "Take the freaking profit. You're literally top ticking the market." Like, and you can't do better than this.
(1:09:58) So, so we played that game, my sister, you know. So, we played that game. Um, but I understood it because I understood the market. Now, what's happening with Fanny and Freddy is that it needs to be brought out of conservatorship. Um, it's been building capital since Trump took since Trump ended the net full sweep.
(1:10:15) They've got, you know, some ridiculous amount of money on their balance sheets, something like $150 billion. But the way the conservative rules were written to to exit from conservatorship, they have to raise some [ __ ] amount of capital that they'll never raise in another generation. It'll take another generation to raise $400 billion or whatever the freaking number is.
(1:10:34) The argument is everything that Fanny and Freddy paid over and above what they were bailed out for back in 2008. All that extra capital that Obama stole to pay for Obamacare should be credited against their capital requirement to bring them out of conservatorship.
(1:10:52) That number's already they already well exceed that number because there's like 102 billion plus whatever, you know, whatever the number is. It's it's a it's a crazy amount of money. There are people out there who are screaming that, "Oh, you're gonna dilute us and it's going to hurt us and we're gonna take you to court." Yeah, they're all full [ __ ] full of [ __ ] Like, this is not going to happen.
(1:11:09) What's going to happen is he's going to merge the two companies into into one, save an assload of money on SGNA costs, right? Gut all of it, then eventually move it into probably move it into HUD and just get rid of this and just get rid of all of it and get rid of that, Jinny May, all of that stuff. Like it all can be just put into one organization.
(1:11:30) Leave put the government guarantee leave the government guarantee in place because the government's only going to sell a certain number of shares of the IPO. They're talking now only 3 to 6%. Originally Trump was talking 5 to 15. Now Besson's talking only 3 to six. Meaning that tells me that they're winning the negotiation with Wall Street over the junior prefers. Oh by the way.
(1:11:47) Um, and they're stick in the sovereign wealth fund and it's going to generate, you know, 70 they're going to still own a 75% ownership in the damn companies and it's going to be throwing off a ridiculous amount of profit that they're going to pay out a 5% dividend and they can dole out shares to the general public or to insurance companies and pension funds and whatnot on an asneeded basis as the mortgage market in the United States unfucks itself and then they can and then the and the piece of resistance the the long-term strategy would be to
(1:12:17) it's a private company now. [ __ ] you. We're going to go to Albertans. Hey, would you like a real mortgage? Would you like better mortgage terms than what you're getting from CIBC? Hey, oh, by the way, you you farmers in the Midlands who can't get consumer credit. Yeah.
(1:12:36) Hey, how about you tell Barclays to go [ __ ] themselves and you go buy a loan from JP Morgan. Can you imagine the market cap on GMA on on on quote unquote MAGA because he's Donald Trump wants the ticker symbol MAGA because he's Donald Trump. I'm like, no, come on. It's GMAC. It's a great American mortgage company.
(1:12:54) But you imagine the market cap on that company. I'm telling you right now, Fanny and Freddy may be the most asymmetric trade since Bitcoin at $20. So, you buying was it IPOs? I I I can't tell you what I do with my money. I can only tell you what I see. Okay? So, you know, I don't discuss portfolio stocks. I don't I don't like to discuss this stuff, but this is too important a story.
(1:13:27) This is one of the most potentially asymmetric trades we've ever seen. This is like buying Apple at the iPhone. Yeah. Okay. Not only that, we're talking about this is a 30 bagger if possible. This is a three and a half trillion dollar company and I mean and that's just like if you buy the stock like I think the positive externalities from the effect on the economy people being able to and the fact that people literally can can pull you can own some and it's going to pull 5% but it's going to go right all this all those shares are going to go right into the pension funds right into the
(1:14:00) insurance companies. They're going to write mortgage back securities that the that are guaranteed. And if you change the cash flow of the country, you deregulate the country. You and you you you encourage entrepreneurship and the middle class to start rebuilding wealth.
(1:14:20) At the same time as you unfuck the economy from all this [ __ ] insane environmental regulation, which was all designed to make sure that we couldn't do anything. Like I sit back and I listen to the people who tell me that America is doomed. And I'm like, well, yeah, they're doomed if you believe that the people who have been dooming us are going to stay in power for the rest of their lives.
(1:14:44) Why don't you actually engage with what is happening as opposed to being a [ __ ] bad critic sitting on the outside going, "It just it's got to be that way because I'm invested in the doom in the doom porn." I'm like, "Fuck off." Like, I'm this is I'm done. I like I I watch this [ __ ] happen and I'm like they're doing it and you're wrong and you call yourself an American patriot. I say you work for somebody else. They may just clueless.
(1:15:08) I don't give a [ __ ] But I'm an American and I don't want to see us lose because I understand what this means in the context of human history, which is that if America survives this, if the American experiment and a constitution built on we the people are sovereign over our government in a way that the Brit that we haven't seen since before, as my friend Ian Berling puts it, since before William the Conqueror [ __ ] England, then this has to occur. and Fanny and Freddy's relisting are part of that.
(1:15:40) Yeah. And that's like another anecdotal data point I've been observing is people are getting fed up with the Doom Doom porn. Yeah. As well. It's like and I was actually on Michael Ferris's podcast earlier this week, too. And uh that was one of the questions he asked me. It's like, would you ever leave the country? I was like, no. No. This is my f this is my home.
(1:16:01) Yeah. I'm not leaving my home because it's because it's hard. Go [ __ ] yourself, dude. We're This is the This is the place. If we lead, I've been saying it for three years, Marty. If we lead, the world will follow us. Yeah. And that I mean, this brings up the question.
(1:16:23) It seems like again, all systems go, tragic event this week, but critical misstep that is leading to an acceleration. What moves does the crown, the Davos class have to defend, or are they just about to I I you know everybody's like Donald Trump is shouldn't go and meet with the king because you know we got to bring your personal food tasters and this and like look Vance has already been like Vance has already been groomed for the job.
(1:16:50) Like I'm sorry like I I think that guy's more based than freaking Trump is at this point. Um I I I I know there's a lot of question marks surrounding JD Vance at this point and I I I hear I hear them and I'm like I I've heard the same I heard the same [ __ ] about Donald Trump. What do you mean? What question marks? The teal stuff. Yeah, the Peter Teal stuff, the you know, the Indian Wife, the this that like all this stuff. Like, you know, I've heard it all.
(1:17:12) Like, I'm just I'm I'm so over it. Like, that's just that's I'm sorry. That's City of London slop. Like, that's what it is. That's 4chan slop and I'm done. I'm done done with it and I don't care. Um, what are they going to do next? Obviously, they're trying to jin up a false flag in Europe in order to get the in order to, you know, get a NATO article 5 thing going.
(1:17:34) They're trying They're desperately trying to get Israel and Turkey into a freaking hot war. Um, what happened with that in Poland? That was very odd. It It Yeah, like I I think it's a mixture of I I think it's I think it's two lies wrapped in a nugget of truth. I think the Russians were sending some reconnaissance drones over Poland because well, Poland is actually helping Ukraine fight Russia and use and do targeting of Russian land.
(1:17:59) So they're absolutely, you know, justified in sending drones over Poland. Oh, by the way, Donald Tusk and the Ukrainians were, you know, adding to the numbers and with the help of, you know, the British because it look the people who are brain loud most loudly here are the usual suspects in Poland. Rad Sakorski who's a freaking MI6 and and British asset.
(1:18:24) Um Donald Tusk who's a freaking EU asset. like these people are all the same ones. It's you know note not note how the Polish president um is it Norwaki or Norwaki um isn't saying anything. Notice how the former president Andre Juda came out and said oh yeah like that Zalinski did everything he could to try and you know create a false narrative to get us in over Russia attacking Poland in order to get us involved in in the war there.
(1:18:56) I mean they they have they have worked and worked and worked and worked and worked this angle and the acceleration is actually working against them because they need time to build out a new army in France and or Germany and the UK or wherever.
(1:19:16) Um, but they're going forward like the Europeans are going to put troops into Ukraine and the Russians are going to vaporize them and the United States is not going to give them the kind of support that they think they're going to get. I'll be honest with you, I would almost believe at this point that the US gives them just enough support to ensure that they get wiped out, but they do they do some face- saving damage to the Russians in the process, meaning defensive support, meaning, you know, air logistic, you know, radar and and targeting and all that stuff, but hold back hold back completely like we did
(1:19:50) with Iran and Israel. Israel got their [ __ ] head handed to them by the Iranians, right? I have to wonder whether or not, you know, we defended them with our full power or not. Yeah. You know, no, it was maybe we did. And that's and that tells you that all of this air defense stuff is all on both sides is all [ __ ] which is very possible.
(1:20:14) And therefore, like at the end of the day, we're going to they're all going to lob missiles at each other and beat the [ __ ] out of each other. But when it's all done, the missiles will be spent and they won't be able to reload anytime soon, right? This is what happened with Israel and Iran.
(1:20:32) And so that's a good thing because, you know, I've been taking the pressure release model for a lot of the stuff that in order to stop World War II from occurring, you've got to bleed out all of the weapons and armies and everything else that were built to fight World War II, you bleed them out in small um in small conflicts, regionalized conflicts over a short over a long period of time, and you would tr it all out so that when everybody does finally get their cases bell eye. They don't have the freaking they don't have the ammunition in the army to to to run the war.
(1:21:07) Yeah. And I think that I think that that's the strategy. I think that's what Putin and and and Trump are coordinating about in their in their response to all of this. And um I think Trump is very clear that he does not want the war to continue. He will lambase Putin publicly because he has to.
(1:21:26) But um he's not giving the Europeans their cookie. And so they need to they need the war to cover the default. They don't have they they Lagarde keeps talking about the digital euro next month. It's not happening. I have a very good authority. They're not even close to getting any of the member agreements or anything else in place.
(1:21:45) I mean unless they're going to go full fascist and just roll everybody up and you know and just you know roll tanks into Budapest and make you know and arrest Victor Orban. Wouldn't that be bad optics? Um, but you know, it's not the USSR for nothing. So, yeah. No, it was shocking earlier this week. It seems like Europe is definitely going to try.
(1:22:10) But Germany announced they need to double their army and I found out that the German army only has 62,000 enlisted members, which is like, holy [ __ ] Okay. Well, you're going to double that army to 138 132,000. Yeah, it's 124,000. Well, that's nice. Uh, they can get wiped out really quickly.
(1:22:30) Like, remember that's that mean that means that they only have 20,000 fighting men. And that was like I mean that's like a shocking sort of validation what Trump's been saying. Like you're not NATO, you're not holding up your end of the bargain. Like the fact that they only have 62,000 enlisted, right? You have 62,000 people and only 20, you know, then only onethird of that is our actual combat troops.
(1:22:57) the rest of logistics and and organization because an army is a is not all you don't they're not going to just drop 62,000 guys in there. Armies run on their stomachs and they run on reloading and they run on this and that and in the rear of the gear and all that [ __ ] like dudes it's 20,000. So you're going to double that to 40,000.
(1:23:16) The Russians are killing you know 2,000 Ukrainians a week or 1500 Ukrainians a week. So how long is that going to So how long is Germany going to last under that scenario? you're just going to keep throwing men in there. Like I I know they have an immigration problem. They just want to get rid of them all.
(1:23:29) But you know, and again, three hots in a cot, you know, if if you collapse the ger the European experience, right, the civilization and people are now only focused on three hots and a cot. And they can only get that from going into military service. That's their plan. Um, you know, either through press ganging or through desperation, right? That's what they did in Ukraine.
(1:23:55) First they did the first they destroyed the economy and then it was guys fighting in the Dawnbass in order to send their paychecks back so that their wives and their kids could eat. That was the first that was the first Ukrainian army. It was the second Ukrainian army. Now we're on the sixth Ukrainian army. Now they're just press ganging them in and sending them to the front.
(1:24:14) Do you think uh the opposition parties in Europe have any chance at taking over power? Marine Le Pen, AFD? Not yet. Not until there's not not until there's actual honest to god like they have to storm they have to they have to storm the presidential palace pull meron out and chop his head off. I'm that serious. Let's go full. He's not going to leave power.
(1:24:38) And in 2027 when his when his term is up, they will manipulate the phys the the the political situation again to deny the people their agency. Every time they do this, they raise the probability of Macron being severed from his his spinal column being severed at the neck goes up a few points. And I don't I don't say that lightly. I don't say that flippantly.
(1:25:01) I I you know, yes, I'm long guillotines, rope makers, and lead futures, but it's a it's a funny joke, but it's not a funny joke. It's absolutely right. And like the way I'm watching Macron operate now, the way I'm watching Kier Stalin uh operate in England, the way I'm watching MS in Germany, I'm like I'm Texas hedge those things now. I'm double long. [ __ ] you people. You you people are nuts. But they they think they have a plan and that plan is chaos.
(1:25:27) And then out of chaos comes order. And I mean, if you're not sure what the what the ideology is, have you watched Babylon 5? Do you remember what the shadows told Sheridan at the end of at the end of season 3 when he went to Zad Doom? That's the story. That's who we're fighting. These people really do believe this. Now, the Shadows were were ideologically possessed wanting to advance humanity and and through out of, you know, serve quote unquote evolution as the, you know, godless commis that they really were. These people just want to stay in power.
(1:26:04) This isn't, you know, this isn't some cheap ideological fight between, you know, two elder races who just want to who are just angry with each other and to to prove a an intellectual argument, which was the story in Babylon 5. This is fun fundamentally different.
(1:26:23) This is these are demons who absolutely just want to stay in power because they see us as tax cattle. So again, go back to Fanny and Freddy. What is now talk about Ronda Santis down in Florida openly stating flat out this is unacceptable that people have to pay rent to the government for their primary homes that they own. This is again go back to William the Conqueror. Go back to you know the institution of property taxes.
(1:26:53) Property taxes are the original sin of government. You will never be free folks. This is why the Bitcoiners are so right about a lodial title and all the stuff about Bitcoin, you know, your not your keys, not your not your coins, all of that stuff because it's the one area of our lives where we can say, I have full sovereignty over this asset. Gold operates very similarly.
(1:27:16) Well, up to the point where somebody comes into your house and puts a gun to your head and said, you know, 24word keyphrase, please. What? 24word keyphrase. You going to die for this? Of course not. Where's the gold? I yeah it's in my toilet you know what I mean like at some point your life is not worth these things but up until that moment but it's really hard to like you know get all that money because you got to go to everybody's house and do that and that and at some point you do four or five of them eventually the sixth guy stands up
(1:27:39) and shoots somebody and then the seventh guy shoots the you know and then and then the shooting starts right so um the um the property tax thing is a very important part of this because this is now We are here to end feudalism. We are here to end the you only have the money that we lend into existence and take a vig off of so that you can pay taxes and rent on your property so that we can stay in power in perpetuity and rape your children and shoot you up with drugs and all the rest of it.
(1:28:29) We will not live like this. No, we will not. Florida, I mean, not only the property tax, but something that is uh high priority for me being a young father, the ending of course of vaccine mandates is massive. I hope that's a trend. Both of these things are a trend. Yeah. That grow nationally.
(1:28:55) And I just worry for the blue states particularly if they just take dude the antithesis of that and try to dig their heels in and just down on that. I I mean like who's it? It was um somebody pointed out I think it was I think it was the CFO of Florida. He said it's an unrealized capital gains property tax. Yeah, it is. He called it unrealized capital gains.
(1:29:14) I was like thank God somebody finally gets it. Unrealized capital gains. It's feudalism. And you only have the appearance, not you know the government's tyrannical for a variety of reasons, but you don't understand why it's tyrannical. It's built from the ground up of this un fundamentally unfair system where grifters and terrible people get to live at your expense because you go to work every day to pay your [ __ ] property taxes. They keep them just low enough that you don't complain about them.
(1:29:45) [ __ ] that. No, I'm not. And now they're out of control. Now the step up basis every time the thing is sold has put so much money into the coffers of these [ __ ] school boards and these county commissions that are acting as nothing but super PACs for [ __ ] Davos and for the [ __ ] Democrats and these and the people who killed Charlie Kirk.
(1:30:09) That's what you got to get through your head. And for George Soros and all the rest of they're laughing at us, folks. They they they like literally laugh at us on a day-to-day basis and you've got a like, you know, this is that moment where you're like like this at the end of all Josie Wales when they're in the house, right? And they're about to get attacked by uh the red legs, right? Finally, the government's finally tracked Josie Wales down. They're and they're in the house and he's like, "And when everything looks dark and when everything looks bad,
(1:30:38) that's when you got to get mean. That's when you got to get plum mad dog mean and say that's enough. No more. And then when it's when it's it's done, yes, the war is over. Moving on. Bury the bodies. Get out the shovels. Do the work. Rebuild society. That's where we are. And non-hackers don't get to serve in my beloved core. I love it.
(1:31:07) I think this is a good place to end. Like, and I'm again, uh, this week was terrible. Yes, but it seems like things are moving in the right direction in terms of resetting. I I agree and I you know I I've been you know like dude I I when I saw the the Twitter post of the guy who was putting out the he said I want to raise half a million dollars for art block rats to put murals of arena and I saw the the AI picture that he put together for you know as a mockup for this.
(1:31:42) When I saw that I started to cry. And then I saw Elon and the only reason I saw it of course is because then like 20 minutes later I finally saw the Elon Musk retweet saying I will give a million dollars to this. Yeah. I'm like two have to do two good immigrant founders there. own uh own McCabe Irish immigrant running intercom Elon South African and and that's like we don't have to get on like immigration but like no it does it feels like the zeitgeist and again just the videos I've seen of people all across the spectrum old young black white particularly after
(1:32:18) what happened on Wednesday like getting online saying we will not live like this amount of people saying I voted Democrat my whole life I do not want to be associated with these voting red down the ballot next next election, I think, and and damn the consequences.
(1:32:35) And if we overcorrect a little bit, we'll fix it in post, but we're going to overcorrect. The question is, you know, how far? And what we don't want to do is go full fing. We want to retain our humanity during the process. We want to put them down the way they need to be put down at the at the level of violence that they at a, you know, an individual level they um engage in.
(1:33:00) So y'all wanted to put us in camps over the COVID vaccine. You get to lose your job over cheering for Charlie Kirk being dead. Sorry. That's the way it works. Those are the rules. That's the rules of the polite society. Oh, you can't do that. Freedom. No. Freedom of speech. Freedom of speech means freedom freedom of association. Freedom of speech is freedom of association.
(1:33:22) Freedom of speech is freedom of association. And freedom of association also implies freedom from association. And I choose not to associate with you. You chose you didn't want to associate with me. Well, got news for you. Don't want to associate with you. We're taking you out of polite society. We're bankrupting you.
(1:33:42) We're going to make you work from the ground back up in order to understand in order to that and have that work pull you out of your possession is the only way you're going to learn. Yep. Now, last thing since you brought it up, there's I mean there's going to be another win shortly. It seems uh you mentioned COVID camps, but it seems pretty clear that they're going to announce that the co vaccines are not safe and effective and hold those pharmaceutical companies accountable and then and then Fouchy goes to jail and and and you know and again they some of them may never go to jail. Anthony Fouchi is 84 years old, 85 years old and
(1:34:18) you're like what are you going to do? You going to put him in jail? Okay, fine. You could just shoot him. I mean that would be fine too. um you know for you know like at a certain certain point you know you killed a lot of people and you did so willingly like we don't have that the civilized thing is to put you down. That's how monstrous your crime is.
(1:34:45) Yeah. I mean to a certain extent you almost have to just to let people know there are consequences for this. Absolutely. And to be clear, we're not saying Luigi type down. It's let's bring the case. Bring the case. Do the thing. Put them up. And then and then and then, you know, they were they were um they were properly tried and they were properly shot. Yep.
(1:35:10) So, it's all happening. I mean, we're getting win after win after win here. So, I think so. All right. Kudos to you, sir. You've been right uh quite quite quite a bit over the last four years that we've been discussing this. So, you know, we work really hard.
(1:35:27) We you know, Dexter and I work really hard, Marty. Yeah. And you know, you and and I've been course corrected a number of times and I've been wrong about things and then, you know, then you course correct and you go, "Nope, that wasn't that. It was this." You got to remain flexible of mind.
(1:35:45) And by remaining flexible of mind, you can you can access your anger and you can access your frustration for when it's necessary and then you can pull it back and go now we're going to do this. Yeah. And you know if that sounds schizophrenic, but it's actually not. It means that you're you're in control of of your responses to stimuli and you know when to let it out and when not to let it out. It's just your logical thinking being um with humility which is important.
(1:36:11) Uh well, you have to think both with with your head and your heart. The people the people who are doing what they're doing now are thinking only with their head. They're living they're living in their heads. They're going down the they're going down the raw the raw logic. If this then this. If he's if if he's against abortion, it means he's against this. If he's against abortion, he hates women. If he hates women, he's a Nazi.
(1:36:30) Like that's where they are. It's coldly logical. And coldly logical is evil. You have to be and then once they're totally logical then they can then it gets turned into the most negative of of a of biological response you know endocrine system biological response and then you get what you got on Wednesday. Yeah. We will not live like this.
(1:36:56) We will not we will not live like this. Tom let's catch up at the end of the year. Um absolutely hope that you're uh let's hope everything goes well. Best to you and your family as always. You as well, sir. We'll do well and we'll do it again. Thanks, Marty. Oh, yeah. Peace and love, freaks. Okay. Thank you for listening to this episode of TFTC.
(1:37:17) If you've made it this far, I imagine you got some value out of the episode. If so, please share it far and wide with your friends and family. We're looking to get the word out there. Also, wherever you're listening, whether that's YouTube, Apple, Spotify, make sure you like and subscribe to the show.
(1:37:37) And if you can leave a rating on the podcasting platforms, that goes a long way. Last but not least, if you want to get these episodes a day early and add free, make sure you download the Fountain podcasting app. You can go to fountain.fm to find that. $5 a month get you every episode a day early adree. Helps the show, gives you incredible value. So, please consider subscribing via fountain as well.
(1:38:01) Thank you for your time and until next time.