Hey, welcome back everyone. It's been a little while. We have been sick, well, sick, walking to the whole house, walking, pneumonia, bronchitis, you name it. I'm the last one to get it, but me and them kind of running concurrent here a lot of work going on. Have not been able to do much for ourselves, even up until the point where we got sick, which kind of sucks because there's a lot of projects going on around the homestead. I've been telling people I've been doing this tile project, which is not a big job, but you know, I'm pretty well. I mean, I can knock some tile out right done, bathrooms, kitchens, wall tile, floor, tile, bathrooms around you know, you name it, I've done it. And I just have a very small project that I think mostly what I've accomplished ripping carpet off stairs and pulling pulling staples and freaking ring shank nails and you know, tax strips off and I have not finished this. Things hanging over my head and I just can't. For whatever reason, stuff just keeps happening to me. I can't get it done, let alone all the other stuff we have to do. So apologize. We are sick. Presently, we're like we've been going through the night. Will probably one of the people used to party with codeine like cough syrup. I think that's what's going on with us now. But so we're going to try to do our best to deliver an episode. Shout out the Nick for the great five star rate and review. You. I love you, Nick. You know who you are over at Almost Cannon Podcast. I'm sorry I haven't got through your the first chapter of your book that you've written that I'm trying to get through. I apologize. I will get through that and I'll send you a text. And I know you do a great job. You always impress when I'm on Almost Cannon with you. You put it together pretty well. My friend. I really want to talk. We're going to open the show up. We've got some things. We're going to hit the drones again. I know we've we've been covering that and again apologizing for the weird open we have going. I'm actually getting the sweats right now, so I feel the beads hitting my forehead. We are sick, but we're going to deliver for you. We will get to some drones, some other things that wants to talk about. Ums and butts. So I want to open with some comments from some episodes. A listener and I we appreciate this. First off, MW. You know who you are, That's all I'll say. We do know your full name. I appreciate your response and comments to some of these episodes. You have some good insight. You've obviously gone down the rabbit holes man, maybe a little more than than we have. We don't know yet. We're just starting our relationship here. So this was back on EP ten, Episode ten, Gory flight emergency, remember that one. Yeah, pretty gross. More on food, Senate staff for porn, remember that that twenty fifth Amendment for Biden. So this was back February eighteenth. I guess no, I don't know farmers win bugs on menus, so he he wouldn't. I can't remember specifically what we were talking about because that was over like thirteen episodes ago. But he said Monsanto did that in India, trying to drive the farmers to have to buy new seeds each year. And he ends up with saying, I think it was in the early nineties, and we do know what. I can't remember what exactly we were talking about. It might have been terminator seed or just Monsanto's like cross you know, you with roundup, Yeah, you know, and I know there were some lawsuits not too far in the past that you know, they'd harvest the corn and the trucks and if you've never seen, its an open topped big dump. Essentially se I dumped forty eight foot or probably the trailer length on that and it'll be filled. They drive them up to the silos, and the silos dump the corn into the down to shoot into the truck trailer and they go down the road. So you'd have farmers that weren't using Monsanto products, and what it would do would cross pollinate to leave the d I guess a DNA signature, right, Yeah, they would get the round up gene in it or whatever, and they would go after these farmers, like farmers lost their farms because of this stuff. But I remember specifically what he's talking about because I remember our reading articles about India and the thing was I. See I keep thinking we were thinking we were talking about Bill and Melinda Gates. Or I don't know, but regarding what he said is that what I recall, and I might not be one hundred percent correct. This was many years ago. But that India was made up of many, many small farmers, you know, people that just grew family farms whatever, and they would sell locally. And they basically, yeah, kind of strong armed because and they were they had a tradition of growing their crops, saving their seeds and then you know, just starting from their own seeds that they saved. Sure, we do it, Yeah. But I think they ended up kind of strong arming them and and and maybe gave them a big discount to you know, start using their seeds, and then they drove the prices up after after they stopped their their normal procedure of saving, and they. Didn't disclose disclosed that they weren't going to be able to reseed off the you know, this year's harvest to save money for next you know, instead of buying seeds. Right, it wasn't there controversy about they kind of tricked them into this, and then they were left without a means to plant without Monsanta. Yeah, basically what I'm saying. I don't remember all the details, but I remember, Yeah, basically, they strong armed them. They got them to who agree to buying their seeds, and then they had to buy their their you know, chemicals to spray on the seeds, and then I think they got out of the practice of, you know, saving seeds, or maybe their seeds weren't taking because of all the chemicals. I don't know. I don't remember all the nuances and details, but in the end, what they ended up doing is bankrupting so many of these small farmers because they drove the price up so much, they couldn't afford to buy the seed to even grow the plant to make a living, and many were committing suicide. So yeah, no, I remember, right, And I think you probably this might have been an ice age farmer maybe, and you were telling me about it or forced me to listen to it. Love Christian, but he I would just kind of like drool after a while listen to his podcast. Man, I wish we still had them around. I don't even know. Have you heard anything about ice age farmer? No, I haven't seen. They got them big agg took them down. But uh, but yeah, it was just it was just sad. So so many of the people just committed suicide because they were just drove into bankruptcy. Yeah, and they also obviously took on unhealthy monsanto seeds and different things. So because of all the chemicals where they were just growing. You know, well it's kind of an evil cycle because you have to use the roundup, then you have to use the pesticides, and it's all DNA sequenced within their seed batch. Yeah. I think they got after some of them because of patents. You know, that's exactly my point with the cross pollination. And they were taking out farmers in the US. Yeah, oh you've got Monsanto product and you have no right to it, so lawsuit, Yeah. They were, they were, Yeah, you're right, there. Was taken thousands and thousands of. So small people that were like trying to do organic farms and as he said, the cross pollination just getting in the air hitting their plants. Then they'd send these people out to do, hey, we're going to do sampling on your land and they found out, oh, you have a mon Santo you know product growing in your your plot. And they're like, we didn't plant that, and it doesn't matter. You're infringing on our patent. And then it came after that. I mean, lawyers not only do they have because we can't Like I would like to grow some corn. I love Mexican street corn. Right, you've got a great recipe. We eat it all summer. But if I go ahead and plant sweet corn white whatever, I mean, we're just surrounded yeah by power farmers, you know, probably Monsanto. Yeah, and then one am I eating genetically modified stuff? And well even the corn we buy, I mean, some of them it's organic. But you can't get away with it. How do you away from it? I should say the nation. I'm not sure any of the corn is organic anymore. But and you know, my family's been many of American anybody that's gone to Vietnam in the combat you know zone the theater there. My father he's got affected by agent orange, in which I have two brothers, and there's direct like the offspring of people that have been effective have certain extreme defects, mild defects. I'm not saying we're all like crazy, but we're a bit introverted. But there's all kinds of just genetic is some some difference. Then you know, we're lucky because I guess we're not the worst. My brothers and I, you know, and who knows, maybe it's just how we are. We're kind of a strange clan anyhow. But in trying to get my old man to take the money. Yeah, but what you found out is they said, you know, this kind of issue could be like you have your prone to back problems, prone to this, prone to that. Whatever. My little brother was a picture very good college. His tendons are like upside down on his his fingers and they said that like allowed allowed him to like throw junk a little better. Yeah, and that was apparently one of. The upside down. Yeah, it's one of the issues with genetic issues. But I don't know because of the I'm explaining it correctly. It's like maybe not on the bottom but on the top of the knuckles or something some weird. Like that, something odd. But but what I'm saying is that that was listed as one of the things in the article that you read as like one of the things that could have come from probably came from people that were the offspring of people exposed to agent orange. So Monsanto, you know, huge employer you're in the US. I think by Bear, the big European conglomerate merged with him or something. Yeah, maybe it's like a double WHAMMI now like Nazi, yeah Bear's company. Originally Yeah, so not saying it now, but. I think nazis I don't think they lost the war. I think the German people, German armies lost the war. I think the Nazis are everywhere around them. But Bear was a company paper clip, but it was a Nazi Germany before not saying we're not saying it's it's just the Nazis are now corporate. Yeah, it's not a Nazi to think about today. Hey a MW. He gave another great comment which I don't usually just come out and say I have I don't have the receipts. I know there's a lot of people claim to have a lot of these receipts for this this net, this paragraph and dude, just late. My guy laid it out because he must have felt what I was vibing here when we were talking about. And this is from episode six, way back when people were speculating it would be President Michelle Obama, not the power play we saw happen with Kamala. So excuse me. This is from episode six, President Michelle Obama, Alex Soros nut job in disease X. It's from that show. Excuse me. I'm gonna cough again. I certainly have disease X. Anyhow, apologize. You'll see if I could read this, it might need a lozenge, so he said, regarding this, now this is hey. All opinions in points of view are welcome here, So don't jump off this boat because you might have opinions that we may not, we might agree, might disagree with. But everybody this is this is open. That's what this show's about. It's about information and dissemination, and you know, keep your keep your your mind open. So he says, bathhouse Burry Obama, and I love it. I love the terminology. It's hilarious. We've heard this before, had his boyfriend, Big Mike, Big Mike, I love that. It's so funny assume the female role for his political career. They needed it to look legit, so they approached his campaign finance manager and adopted his two daughters for the duration of their lives. I've I have heard this a million times. I may have, I can't remember. I should have went back and listened to this episode because I may have been alluding to this and may have even said as much. But he lays it out for everybody here. What I guess I was not communicating very well or was putting the brakes on some stuff. Barry had to pay for their education, travel, et cetera. And they say nothing about whose vagina they came from. That's why there's no photos of Michelle pregnant or in the hospital. See, I think I alluded that too. Interesting. Lee, his lifelong friend and campaign finance manager, also changed to female. Didn't know that one didn't know that all of the rumors about his birth being in Kenya were true. Yeah, I believe that one myself. Yeah, I'm not a you know, I believe the birth certificate was forged. I believe that was CIA. His mom was a honey trap. Yeah, you know, his Caucasian part of his family is got a lot the fingers and the CIA, and you know, the federal government. I guess the Dallas Police Department had a forensic document specialist find everything, and he discovered the document. They took the cut and paced info from there's like thirty five points of fraud on his documents. I've heard some that I think Trump even you know, tried to get to the bottom of this. There was a number of people really trying to get to the bottom of this uh so Burth certificate. And then there's the tape from his meeting with the mothers of Democratic whatever. And I give there's so many different little Paul political. Part of organization. Yeah, groups that he taped while campaigning for the Illinois Senate seat where he discloses that he was born in Kenya, raised in Malaysia and Hawaii, and then moved to Chicago for college. Now those are common knowledge, right, the Kenya, Malaysia, Hawaii. Yeah, we know that, so that's not far fetched. But you know it's almost like you can you can't attack a Jew politically because of Holocaust and you're anti Semitic. It's just a trigger, right, And they kind of built that into this hole. Is Obama American citizen or not? You know, Oh, you're just you know, conspiracy this or this, and that you get attacked immediately for even considering, you know, let's dig into it. But I mean, just like he commented some time, he's saying, Barry most people. I don't know, you always call him Barry. Yeah, I don't know how many people on this show. No, but his supposedly his birth name was Barry Sataro, not Barack Obama. And there was a fu palm. Remember one time, I don't know who he was interviewing with and you could probably google and find out or whatever. But he had made a call man, man, he might have been with Stephano, I. Know what you're about. You know my my Muslim religion. Faith prevents me from it. And he goes, wait, wait wait, because mean your your Christian religion. He's like, oh, yeah, yeah, my Christian religion. That's I mean, that's that's facts too. Yeah. I mean, no one, if you are of a certain religion, you're not going to accidentally say you're something else. Here the last the last part of this, you know, knowledge bomb mw is dropping. He ties it all. It's perfectly you should have this guy on the show. To this guy, well, you know, he drops it hard. He's like he was trained by George Soros and sol Lewinsky. Who do I always like it's Slolynski like killery Clinton. Uh, we're going to be put on the list now. Was but uh he had the experience with his father's work and the Communist Party to refer to as well. And also, uh, what was that reverend over there too? Uh? Obama's reverend the show and oh I don't remember, I can't do the Church of g D. You know, he's a real piece of work. And he's an asset too. It's a CIA. He's been in Hawaii. They track this dude, you know in the sixties and seventies going to Hawaiian ship. Well, that's that's why he screwed us. Right, what's that Jeremia Right? Yeah, that piece of crap radical Chicago preacher. Yeah, man, looking at the that guy. So and it se does end it by saying he really hates America, and he does, he does. He's just he said he told us what he was going to do. And that's why there's a deep state so entrenched now is because of the bureaucracy that he put in place, non electable none it's some of some possible to fire and we'll see what happens. Yeah, with the Vek and come on now, elon, elon, we'll see. They're saying I heard when Vivek was running for president. I heard a he was on a talk show or get an interview, and he's like, listen, I can cut seventy percent of all bureaucratic jobs basically in the government. We can eliminate departments. Yeah, we can, you know, do this so much more efficiently. And for him to and there was so much more too. Yeah, but that's why. It's important to have them, because you know, Trump may come in and fire the head. He cuts the head off the snake, essentially, right, But if if there's roots that are deeper than the head, which you know there are, don't know how far down they go, it's going to be hard to cut them all out. At least Trump can't write, so he may have those guys will help cut a lot of that other fat out there's haven't. I've even heard some people talk about just eliminating, like say, for example, the FBI, just eliminate the entire FBI, and then they're like, you don't have to worry about firing those lower level peoples that might not be good and also waiting maybe attrition, and waiting for them to leave because it's so uncomfortable. They're like, get rid of the entire agency and start over, create a brand new one, or you. Don't even have to because there's already. There's so many agencies. There's already agencies that overlap. Maybe the ATF should have a little more, Maybe the you know, I don't know, us Marshalls should do a little more when they already douce some of these fund. Even like half the people that Trump has even appointed to some of these offices, I didn't even know some of these offices existed. Well, we'll see, Like I know, we've harped on the Department of Education and there's a lot of squawking that maybe we can get rid of it. It's like eighty billion dollars a year or something. It's the largest. Like where's the money really going? Is it going to black projects, is it going to is it funneling money somewhere else? Laundering to be run by the states? Yeah, well I remember, like Mississippi, Louisiana, there was just such a a big disparity between certain states and other states with a poorer class of people. Yep. So how do we you know, if we even cut that budget in half and did forty billion and distribute it to the states to do their own education, we're saving money and then we eliminate the salaries and the bureaucracy. Well, yeah, you wouldn't at the federal level. In the federal level to determine what kind of school books and curriculum and all. They don't live in Ohio or Pennsylvania. They don't know what's best for the states, the states. I think the one bad thing about the Civil War was states' rights got squashed and then the federalization of the government started. It it became oppressive. Yeah, maybe not in the beginning, but it certainly has become a it's just overbearing and it tramples on the rights of citizens. Yeah. And you know, it's just. Because we remember, we're old enough to remember, like where people would move from state to state because of because. Of education, jobs, education better you know. So then if you if you could work the same job at the same company, maybe and they could transfer to another state which had better schools and things. People would move for those reasons. It's almost like a free market. It was a free market, that's what I'm saying. Each state depending so the best run states pulled the best people. So then it gave everybody the incentive, every state the incentive to create, you know, a better education system of better this to attract people, and to tract tax dollars to each state. So then then but then it's just like the new child left behind things they tried to make it everybody gets the same. Instead of raising the standard, you dumb everybody down. Because everybody's got to be equal. So here you go, you have a Department of Education federally that's equally distributing funds trying to then it's almost like a new child left behind for every state and tax dollars. Right, so everybody's the same and everybody has the same career. High achievers get dumbed down to the average, and the below average get brought to the average. No. I mean so you're just like no, because of well that's the average, right, Yeah, But all. They do is in the middle, they basically, yeah, they don't provide resources and you know, programs for people who are more talented. They just say this is the standard and every you know, so the people who are smarter basically pass with all a's. People that are dumber are still gonna gonna be where they are, you know what I mean. They don't offer them more programs. It's not even dumber. I mean, again, we apologize we're both under the weather that's affecting. But when you see private school and you take your child out of private school and put them in public school, it's a stark difference. Yeah, and that has nothing to do with it. And that's not like that's the GPA. Score of the kids. It has to do with what the teachers and what they expect in the you know, the quality of the education and the you know, amount of homework that's sent home. And you know, because our child went to parochial school up to sixth grade, and when she started in public school, she had no homework. She had homework every day in private school. Yeah, and then she's like, she was so far ahead of all the other kids in her grade. She's like, I don't even have to study. And it was years before she was like, oh I got to do a little homework. Now it's barely anything. And she's she went to an academy. She went for two years a STEM academy, ninth tenth grade and. Still, yeah, she barely has homeworks. And she just whatever. And I think it's going to hurt her in college. Yeah, because she's losing the study habit that she had gained because they were required. Again it didn't matter. And it sound like everybody in her school were straight A students. They weren't, you know, but and neither was she. Even although it was SCO scorer's in parochial school. Yeah, when they go to public school. It's their their dean's list. Yeah, but I'm saying like she wasn't a straight a student, and there was a lot of kids in her school that weren't either. It was just the standard was set higher and work ethic, Yeah, and they required certain things from you and you know, teaching them study habits, teaching this, teaching that, and you know that's not that's not pushed on them in public school. And it's so like she's in a special she's like in a sports medicine program. It's okay to say this, right, and it's it's masters it's built off of a master's degree level textbook essentially, and she's Yeah, but I'm just saying she's she's a's in this. Yeah, and she's like a B in chemistry. It's all this other stuff. Yeah, you know what I mean. But but but with respect to that, that wasn't necessary. I mean, it is a it is a I guess a public school. But her teacher is the one that's pushing this level of you know, requirement. I just find it. It's stark to me that just you know, going there for a few years really has it's paid off the money, I mean, the results speak for themselves, I think, and I think we're still kind of reaping the benefits honestly from that type of education. Well yeah, I mean it's definitely helped her propel beyond the other the other students. And I know when I you know, the older generation, like your dad, he could write h I mean really right. Yeah, and he didn't even go to college. He'd send a like a pinions off ads to the newspaper and stuff all the time. I was like, damn, pop, that's really good, you know. And he was just like a career military dude. But he had his school. Schooling was up and through the fifties, yep, I think. And that was public school in a mountain town. Come on, Appalasha, yep, you know, and so much better than anything that. It just shows you how education has dropped over the decades. You know, somebody that had a public education. I mean, he did go a little bit to college, but but he wasn't, you know, a bachelor. To twenty four years in the military. So but he was smart enough in math. I mean he was the one to help me with all my math and writing and all these things when I needed help. And yeah, he probably learned math different than we learned math. And our child learned math totally different than we learned math, which is ridiculous. Common core stuff is just idiotic. Yeah, but I mean, but he, you know, his education, you could tell, like I was surprised, like, wow, you know, you have a just a you know, I was in high school too, so but but what he learned and what he did was far more than what I did at the same grade, right, you know, And I'm just like, wow, they aren't really teaching us any of that, you know, and so they just keep dumbing it down every year and then, so it's no surprise globally we are not. Going were falling behind. Yeah, if you go to the fifties to the nineties to whatever, the eighties, there's a big drop off. I mean Russian kids, we used terrible when I was a kid. All the Russians go to school twelve to fourteen hours a day, and you're, you know, you're you're peers over in Russia. Yeah, that's why they're kicking our butts. And my mom, who's Asian, she went to school all year, even in the summer. Yeah, so they'd get breaks for harvest. Yeah, just kind of like country kids out here, do you harvest time hunting? The season might get a couple of days, but yeah, So thanks to m W, he's sparked a number of conversations just with his two comments. We love it, we do appreciate it, and we can always be reached and we'll give you a shout out. You know, there's something I just wanted We do get. It's not like this is the first email we've ever gotten. We usually but I just found it interesting that he was. He went so in depth, especially went down the rabbit hole with the Michelle Obama presidential speculation months ago, and I think he hit it out of the park with all the conspiracies around the Obama's pretty deep. So we're going to check the emails a little more, not trying to neglect you guys, and we can be reached over it Fringe News podcast at gmail dot com. And I want to state this too that a lot of you probably get this the Fringe News podcast over at Crazy Strange Days that podcast, and I'll I swapcast this a lot. It's basically taking this podcast and releasing it, double releasing it on Fringe News and then on Crazy Strange Days and I'm probably gonna stop doing that because I haven't done much over it crazy strange days at all, and I'd like to start again. We just haven't had time. I've got three podcasts, to be honest with you, and I have not been doing anything other than fringe news. When we get a minute, I think this one's worthwhile, worthwhile. The other one isn't. It's just it was more fun. For you than yeah, the ones A Buddy A Drink, A Buddy drinking, conspiracy murderer show, yeah, true. Crime, and the other one just goes into your interests of supernatural and. I'm kind of getting burnt out on bigfoot and weird stuff. So and you never get any answers anyhow. It's all it's like playing D and D or something. I don't know. It's just fun to kind of delve into. But this is really where my passion is. And you know, I get to do with my wife. Yeah, she hit the cough button. So it's very and it's and it's we don't even we don't know when we're dropping episodes. It just it happens organically when we have a minute. Sometimes it's coffee in the morning, tea for her coffee for me just kind of go through some articles that we read during the week that we thought, you know, we didn't have a chance to talk to each other out that we hit on this show, and we we just think there's a lot of knowledge that we can share with people because you can't trust the main stream news anymore. We know that they're all you know, this is the new media podcasts, YouTube. Yeah, even the what was it? RFK said that way before, I think when he was still running against you know, we're running as a Democrat candidate. He said, you know this, this presidential election be one not by mainstream media, not on mainstream media, but on things like podcasts, because he said that's where people are going to find the truth. And then you see it in the numbers, right, So, MSNBC, CNN, I mean, their numbers are tanking, and they're they're letting you staff, they're firing these what you were what you would have considered the big talent there are getting released. Twenty five million year for an hour a week type people. Yeah, I mean people that excuse me, real off teleprompters. That's where you want to get your people want relatable individuals. But I think too that like Joe Rogan, every he's he can you can be a conservative and you can be a little bit liberal, and you can everybody can enjoy him. Yeah, he's pretty fair. But I think people just after this election and they keep seeing the you know, the slant and you know, all of these things, and and they're starting to wake up to the truth more and more so and looking for different places to find it. And I believe people have been pilled, man, I think. And it's interesting. My one of my cousins shot me a text the other day. He's like, yeah, you know, because we were talking about when we started noticing things, and I was like, yeah, probably when we became parents. We started. The more you pay attention, you know, in your needs change, I guess you start seeing things a little differently and then it's snowballs and then you end up where we are, you know, twenty years later. But he said, you know when I really started and this was see we'll call him c you know, and he was like, yeah, twenty twenty election and then in COVID is really when my eyes opened. And I think we all have to. I don't know if I've spoken to this is you know, there's a new thing called being black pilled, Like no, hope. You know, you got red pilled, now you're black pilled. Because but the thing is, and I think we talked about before Trump got elected, like if he doesn't get elected, don't go black pilled, because there's always going to be hope, you know, don't be the guy that says, well, I'm not going to vote. And the only reason that he beat the cheat is because it was too fast, too big, too early. They didn't know how to rig it effectively because Republicans usually vote day of in person. Yeah. So well, and then you know, they, like we've said, they've been trying to push the rhetoric of another you know, pandemic. They've you know, there was the monkey pox, there was blue bird flow flu, and that still keeps going on and on, and now they're saying, you know, first case of bird flu in raw milks, and now they're going after milk, you know, all these things. So wasn't that California like a youngster some raw milk and got bird flips. So but not too long ago, we just heard that today on the radio. Yeah, but we also heard we talked not too long ag about the first case of you know, a worker that got it from from a bird, a human case or whatever. But because they're trying to push this right, so they were hoping, i think, to get another pandemic because then you could have all this mail and voting. Everybody would be too afraid, just like with COVID s. They people were too afraid to go out and vote. So that's why you had so many mailings. So at this time it didn't work. Yeah, I think it's always going to be an arrow in the quiver of the enemy to manipulate, like elections and manipulate you know, other things they want to accomplish, right, like let's test the people. The whole pandemic was it was like an exercise and to see how far we would let them take our freedom. How much? How willing are you to be a experiment? You know, I mean most people don't think about it that way. But basically, you were a prisoner in your own home, you know, maybe willingly accepting that that, you know, that being locked up because you were fearful of getting COVID. But that's essentially what they did. You just give up your freedoms. You're like, you know, you're not going to go out. We heard the countless cases of people who went out to the beach because they were just like they lived somewhe where they're where there was a beach and they were getting arrested and they're like, but there's nobody on the beach for me to to expose or to be contaminated by. Here come the Gestapo. Yeah, and it's so crazy because it's like, Okay, then they see how they can make us do just ridiculous things that we know aren't effective, like masks. And people were reporting their neighbors and you know, all kinds of things. So, I mean they all they did. Was it was a trial. It was a trial. Yeah, take notes, what what are people willing to do? What are they willing to take? And then yeah, if something bigger comes along, then they know what levers to pull and which one's not to pull. Right, So people start waking up and saying no, I'm not going to do that, then you know their total experiment would have been wasted. I guess to a certain degree. At least they won't be able to do what they think they can do. Yeah, we need to tighten it up here. For about forty minutes. Well I did want to mention this because we said this I think the last show or maybe the show before about the Finsend regulation for small businesses and how that had to be done by the end of the year. According to this article on zero Head just came out Monday, December ninth, Huge small Biz break. Judge suspends enforcement of Finsen reporting requirement. So, just weeks before the poorly publicized January one deadline, a judge has issued a nationwide injunction barring the enforcement of the controversial mandate that would compel tens of millions of small and large businesses to file beneficial ownership reports. So the ruling doesn't kill the requirements altogether, but it does bar the Treasury Department from enforcing it until lawsuits challenging the requirements constitutionally are resolved. So it says a little further on, it says looks it's looking more like it could end up in the Supreme Court. And there's also the possibility that the next Trump administration, either unilatterally or via cooperation with Congress, could find a way to kill or at least narrow the requirement. So at least a postponement for now on that that fin send regulation for small business, which is good. That's fantastic because remember. That was a huge fine of almost like six hundred dollars a day or something like that and up to five years in prisoner I believe if I remember correctly. So it was outrageous. It was mafia's style, compounded interest daily, you've got to pay us by next week, and these spicy meatballs. So that was a good win for the average Joe. I guess that's a business owner. And then we have FBI Director Chris Ray resigns effective you know, I mean, come on, you knew it was gonna either. But that's the kind of it's just like show voting, right, it's kind of like saving face. He can say, well, I didn't get fired, I resigned. I chose to resign, so he looks better on his resume. Right, He's doing it his way, baby. Yeah, exactly, you're not going to fire men. Is not going to fire me. Pal. I'm just gonna say, but I'm waiting to see the next batch of pardons. There's already talk like all the jan six committee people. What's her face? Darth Vader's freaking daughter, I mean, uh, Cheney wiz Cheney. She looks like Kissinger, Kissinger whatever. Hell his name is Adam crying Adam. They may be their speculation, they may get pardoned. We already know Hunter got pardoned for like a ten year like anything he ever did, yeah, or potential crimes or I mean he could have murdered people. And it comes out and be like, well, he's got a blanket party. There's never been a blanket pardon for an amount of time, a duration of time. Yeah. Usually when presidents pardon someone, they've once been convicted of the crime. It's usually for crime. Yeah, but they've been convicted and then they say, okay, we will and some of them have been put in prison, and then they'll release them from prison because they've pardoned them from that crime. But it's a specific crime that they've been convicted of. This is, like you said, blanket. It's like anything he could have possibly done that maybe nobody's babies. Yeah, you know, it doesn't matter. He's it doesn't matter, like nobody's brought him up for any charges yet. But it's the potential that they may when Trump comes in and maybe they start, Yeah, when Trump comes in and they start pulling up papers and documents of things that have happened. The federal tax judge was like, this is unprecedented, this goes against the constitution. Blah blah blah. He was raising a stink, he was. And a lot of Democrats, Democrat donors, a lot of demomocrats are like, and there's like receipts of senators and all the Oh, he's not going to do that. He would never pardon hunter. Who do you think we are? You know, that's something Trump would do. And here and everybody's back eating shit, back pedaling. Koreean Saint Jean Pierre, whatever the hell her name is, is getting her ass handed to her left and right. It's ridiculous. So I'm very curious to see who else gets pardoned. Yeah, I'm sure there's a whole host before now and Jay, and. You know what, if it's unconstitutional, then how could it be done? So is the grounds to just say, Okay, that was bull crap. What if they find out that he cheated and he wasn't the elected president? Yeah, but but you but you're also saying, if it's it's unconstitutional for us to go to war without an Act of Congress, you know, and we do it, so it's because of ignorance and people not knowing the law and not actually holding people accountable to follow it. That's the difference. So people will just be like, oh, that's wrong and we shouldn't do that, we shouldn't accept it. But no one's going to do anything about it. So it's going to stand unless somebody does something about it. Yeah, we'll see. I want to do the a little more drones. I know we hit this last show or the show before, and it's just getting out of hand now. Yeah, I was surprised you played that little video like in these dates, but it was what Pennsylvania New Jersey. Yeah, let me play you a little something from a senator over on Fox with Harris Faulkner and I'm I'm going off zero heade here Tyler Dirdin and the title of this, I'll put this in the links so you can then there's there's many more videos and links and stuff for this, but it'll be in the episode notes the bottom show notes. So Pentagon denies Congressman's claim of Iranian mother ship launching drones off US coast. And before I play this, I want to direct you back to the episode where we were talking about like overseas England and over in Europe. I don't know if it was the Baltic Sea the right side and left side of so it's Atlantic would be the left side of Great Britain, and I think it's like the Baltic off the Finland and all that and of Finland, but regardless Norway in that Like, they're the Chinese container freighters causing all kinds of it, and they didn't have the the anchors chain anchor, but there was no anchors president present, and so they were speculating that the drones were coming out of that the holes yeah, in the front of the hall, the hole or whatever you call it, but yeah. Where the chains would be released. Yeah. And then they have the the shipping containers on those ships. You know. So we've talked about the club k. Yeah, where the top of the container just opens up. Yeah, and they can shoot missiles. Or drones could easily come out of the top. Well. Yeah, we talked about a German company that it's exactly what it looks like in the top hinges open and there's these tubes and drones fly out of it. Yeah, and that's a defence company over in Germany. They've got like the hot models. You know, they probably have the defense shows they do every year. There's like a convention of Northrop Grumming and Idea. You know, all these companies go there and show off their stuff. But here, yeah, let's go ahead and take a listen. Let me see if I can cue this up. Objects of the sky that are the size of an suv over any city, over any state. It's an invasion of our airspace and focus now, Republican Congressman Jeff and Andrew of New Jersey, member of the House Judiciary Committee on the Hill, right now, how do you address this at this point? Well, here's the real deal, Harris. You know, I'm also on the Transportation Committee, on the Aviation Subcommittee, and I've gotten to know people and from very high sources, very qualified sources, very responsible sources. I'm going to tell you the real deal. Iran launched a mothership probably about a month ago. That contains these drones. That mothership is off I'm going to tell you the deal. It's off the east coast of the United States of America. They've launched drones. Is everything that we can see or hear, And again, these are from high sources. I don't say this lightly. Now, you know, we know there was a probability it could have been our own government. We know it's not our own government because they would have let us know. It could have been some really glorified hobbyist or hobbyists that we're doing something unbelievable. They don't have the tech, but let's pretend that's possible. The third possibility with somebody an adversarial country doing this. Know that Iran made a deal. With China to purchase drones, motherships and technology in order to go forward. The sources I have are good. They can't reveal who they are because they are speaking. To me in confidentiality. These drones should be shot down. Whether it was some crazy hobbyist that we can't imagine, or whether it is Iran, and I think it very possibly could be, they should be shot down. We are not getting the full deal, and the military is on alert with this. Look, you've given us some pretty dire information just here, and I want to make sure that our viewers are digesting this. Iran has the capability to pull up along our eastern seaboard and launch drones the size of an suv into the skies of several states, particularly New Jersey, where we know incoming president has a large home. Also in the same county or nearby where some of these drones in New Jersey have been seen. That capability exists. It's possible some of those drones are here. So I have two questions. How are they fueling them? They have to land somewhere. Drones don't fly forever. Why don't they close down the airspace? Yes, it's inconvenient, Yes it's the holidays shut it down. But if you start shooting things and you don't know how they're fueled, that's going to be mass explosions. This isn't like one spy balloon, Congressman. This is serious. We've got to bring them down, and we've got to find a way to bring them down. I don't know exactly where they're landing. Obviously I have some information. And again, this isn't just Jeff and Andrew Oh, let's you know, let's get on Harris Feltner show and say something outrageous. I'm telling you this straight deal from very high and positioned individuals who are telling me this. And the bottom line is they're launching them. They are across the country we. Don't even have anything like this our government and also certainly our hobbyists don't so think about it. It's not only do I have the information, but it's also common sense. We've got to get them down. We've got to determine how they function, what they do, make sure that we can get them. And you're right in a safe way. When I say shoot them down, get them down any way that you can. But right now they're probably extracting information. This is a clear and present danger to the United States and to our president elect. And it's a serious business. Well, and if one of them happens to fall and they're fuel, that explosion could kill people. I have to let you go, Congressmen, but I'm so grateful for your time today. There you go. It's pretty interesting, Sorry guys, but. It's fine interesting. Some of them are is an su no they I was watching I Forget What news program before we came in, and I was alarmed by how big it was over the house over a residential neighborhood. These are big houses like nick Mansion, almost you know very well to do little neighborhood. And this guy's taking the thing looks like stereotypical, like almost UFO. Yeah, just kind of you know, ziping by, and it was low enough to compare it to the roofs this home and it was massive. Yeah, it was so low. Yeah. The question is, though, you know, why again, why are they letting these things happen to mean? Because again, if these are US military exercises, they usually would say something like, oh, don't be because whenever our military does an exercise. Help, Yeah, they'll. Tell people, hey, this is US, you know, performing a drill, you know, practicing that none of that has been said, you know, if it's another country, I mean, why aren't Again that's what that's I think that's what's causing a lot of people this strife is because no one knows what's going on. We're not being told anything. It's just oh, I mean again, if it's just people just being eyes are huge. It's like you couldn't afford one of these. Yeah, So it's like, so what are they and why are they here? And why aren't they be taken down? The thing is too, we don't know they I don't know if they are battery powered, because they're that big. If they're the size of an suv, there's probably jet fuel involved. Or you know, helicopter fuel. You know, I don't know, certain classes of diesel, Jeffrey whatever. Some kind of fuel sources, and. They all are different. I just saw a triangle, like the triangle UFOs from the nineties. It looked like the lights. The lights are different. You can tell they're like LED or what is that? Like real bright? Small? Is it led? Yeah? Yeah, So and they've got they're running with lights, which I find bizarre, like they know that, we know that they're in our airspace and you know, and it's they're not going to do anything about it, but they don't want to take airplanes down. Yeah, you know, getting you know, the airplanes can see. Them weather balloon supposedly that Yeah, what is going on man country? And nobody did anything, and nobody in the military did anything about it, and it just allowed it to fly. I mean, we already know the Chinese, the Chinese. There was another Chinese individual, Chinese national caught flying drones over I don't know if it was Vandenberg Air Force Base or Space Force Base whatever that they just busted a guy again from China. And this happens all the time. Yeah, like the last year, like five or six of them been busted, so then yeah. But the thing is like, so you wonder like, why are they allowing this to happen? Or is this just look this way while they're doing something else? Are they doing something else and they're just this is just a distraction to keep people like again, like what's going on? Why are you know people are chasing this? It's not quite bread and circus, but it's a distraction for sure, yeah, Or is it just it's kind of getting us used to like when they take Trump out, you know, with a drone, because we know that's happening. If you ever seen any footage of the drones chasing down soldiers and blowing up, Yeah, it's horrifying soldiers in trenches and stuff and they can't do anything. They see it coming and they just stand there because they can't. They're not going to get away from it. Yeah, you can't run fast. It's freaking terrible. Yeah, we know this is happening. Yeah, but that's what I'm saying, Like, so is it Yeah, just to mentally prepare the American people for the possibility of an attack, whether it be on President Trump or just an attack into the mainland of America. Somewhere and oh, well you knew this was coming. They were probing bases. We're getting the intel, you know, the balloon the balloons. Is there's smoking a mirror to say, hey, pay attention to this. Why we do this behind your back? Is it going to get us ready for Project Bluebeam? So? I don't know, I mean, because like this came out on well, I had. Some I wanted to because the d D after that Senator, Yeah it was a rep but he the d D basically the W. Dodd Press secret Secretary said that these are not Iranian drones, which Iran. Iran's just a proxy for China if you really think about it, could be doing China's dirty work. Anyhow, They're over there in Europe doing this shit and their citizens are doing it with smaller scale Walmart drones that you can take photos and all that those you know in the States, and says there is no Iranian mothership off the Eastern seaboard and that these drones are not from any foreign oh, not from any foreign entities. But she also claims these are not US military drones. Yeah, so what is she saying. She's not saying a damn thing. And this guy Claimstine at x He's like, Okay, if it's not a RAN, a foreign entity or US military, that would leave intelligence community, private entity, civilian, extraterrestrial. But who knows if she is even telling the truth? US North calm. This is in the intel frog over at the. X. US Northcom who oversees the defense of the US airspace needs permission in order to investigate the recent drone incursions near sensitive DoD facilities in New Jersey? Does anyone see a problem with this? And this is right from there. This is a statement. He has a screenshot of the United States Northern Command statement concerning this and what they're saying here pretty interesting. And the article actually goes on to say, just a distraction to your point. Republican Congressman Jefferson Van Drew, that's who was on the Harrisnott Faukner show. We just listened to of New Jersey a member, and this is happening in New Jersey. There's mayors, there's the governor. They're all they all want answers. I guess, I guess residents are losing their minds. It is like and I saw it's just like hundreds of them crisscrossing the sky. It's going to cause panic in case it's. Freaking the residence exactly. The one guy said him and his wife for driving in their vehicle down the road and one was above them and it was the size of their vehicle, their SUV. Yeah, he said, no doubt, it was the size of our vehicle. And then I saw where the US Coast Guard cutter off the you know, in the Atlantic, the Eastern seaboard was getting trailed by a bunch of them. Is this going to be a prelude to hey again, a much mass chaos and people freaking out, and then you have to implement Marshall laws. I get. I don't under control. I don't think. I think we're you know, we've always been. If they wanted to disclose it, et was real, you know, they said, oh, we've been being pre conditioned to accept it with movies and media. Yeah, blah blah blah, so we can be softened to accept the truth. You know, it's bullshit. I think we're we can handle it. There's always going to be people that crack. Yeah. No, I'm not talking about this being UFO personally. I'm just saying that, if you know, you start, you start, everybody starts seeing these in the skies above them, and more and more people are freaking out, causing chaos, and they might say, Okay, we need to step in and take control because there's. No cause though I mean really, there's no no. People aren't freaking out like, oh we need martial law, you need martial off for your not yet. But I'm saying, what if something starts happening. I don't know, they start taking civilians out or buildings and yeah, you know nine to eleven type shit. You know, I don't know. So this guy the mothership, I'm assuming he means a ship, not a mother ship. But ye know, I'm not like a big UFO launch. The little drones are coming out right right like an aircraft carrier, if you will. But for drones, I just and they shot him down pretty quick too. Yeah, do yourself a favor. Pay attention to this story, because I've been I was sitting on those seventeen straight days, I think for almost a month month over that that base on the I don't know, New Jersey, Virginia, I can't remember right now. I mean, well, I'm not the not the slickest at this moment. But it's just it's it's compounding, it's getting worse, it's more numerous, it's everywhere around installations important. I mean, it's bad enough that it's almost like they can if they fly over the residents, they're not going to get taken down. Yeah, because we're not going to shoot something down. This guy's like a scramble the f freaking sixteens. The National Gardens start taking them down. Where are you Where are you going to get a kill zone for these things when they're in the ocean. Yeah, I go for it. I know we have tech that the Secret Service has tech to take down electric drones. I watched out a soccer field in Europe. The big tube on the looks like a big missile launcher kind of, but it's like a tube that shoots. I don't know. I don't know if it's like an EMP type wave and it brings them down gradual. Doesn't just knock them out of there, they just come down. They just land soft. Well, that's the kind of stuff you would have to use, because, like you said, you shoot them. I know that they have it in the military. But the thing we talked about before was probably the airspace space. You'd have to shut down the airspace to start taking them down with the tech, the MP type tech you know, harp, I don't know. But again, like we've said, and several of the people in these articles, why have I unless the military knows what they are, why aren't they doing anything? Just like they didn't do anything with the balloon. They just allowed it to go across all these military bases taking pictures and do whatever it did, and they did nothing. So there's obviously an agenda. It's just weed aren't privy to it, you know, just us. It's bizarre. So again, but you know, like I said earlier, look over here, why this overhere is happening. One of the things that are this over here that's happening is the Biden regime quietly extends the COVID nineteen COVID nineteen Emergency Declaration to shield Big Pharma and Mr I name vaccine makers from liability until twenty twenty nine. That was over on Gateway Pundit today December eleventh. So, you know, but if there's again, if the shots were safe and effective as they say that they are, then what why do you need this shield big pharma and vaccine makers from liability. There should be no yeah, exactly. That's why since Bobby's coming in. Yeah, so he's basically extending their protection till twenty twenty nine. But the thing is, I think the ag from Texas has already started lawsuits. Yeah, yeah, in a way that he found a way to get around their. Their potentially yeah, the way that they they wrote it in the bill. Yeah. So. But then, but the average person in the public has asked themselves, why would they even write this bill because obviously we all know that the swamp is deep, there's corruption. You know, you scratch my back, I'll scratch yours kind of thing. But and against us as the American taxpayer. Yes, it's just like anything, you know, follow the money. You know, who's getting paid as corrupt president of our in our history over here. But I'm sure his bank could kind of get bags. And that was over a GP huh. Yeah, it's today to summer eleven. I also I find it crazy we're giving loans to Ukraine now too. Have you seen that? I'm sure we have been. And then I saw it's like another billion dollars in aid before in Congress was like yeah, do it? No, they said that bind's turning on the Spickett in terms of trying to trying to pay and spend as much as he can before he leaves, because he's going to leave such a mess for the Trump administration and to take over. You know, he's just like, yeah, who cares, We'll just give it all away, right, because they just keep giving money to a lot of different things. So but then I saw this article, you know, just wanted to bring it up briefly. It says it was on zero Hedge. It was posted today December eleventh. Here here's who owns US debt. So they gave a what it is called an infographic that shows debt broken down. So domestic domestic debt is twenty six point four domestic debt twenty six point four trillion, International is seven point nine trillion. So there you go. I mean, everybody would always be like, oh, China is the biggest holder of our debt, and I'm like, no, they're not on those guys. Yes, And I used to say, no, no, no, they're not. Damn it, woman, listen to me. So but when you let's look at the international side again, almost eight trillion dollars one point one trillion is owned by Japan, which actually owns more than China, which is eight hundred and twenty billion. But China has been continuously selling their debt, as we've alluded to I think many times Martin Armstrong has said, so they've been, you know, trying to get out of our debt. Six hundred and eighty billion, which is two percent of that international balance, is held by the UK, and five point three trillion, which is fifteen percent essentially is held or well fifteen percent of the total debt sorry, is held by all other countries. So when you break down the domestic side again, twenty six point four trillion is held domestically. Five point seven trillion is basically US holders of savings bonds. So that means people holding government debt of some sort right ten year or whatever, thirty year bond, and probably the bulk of that, even though this schematic doesn't say so, I would venture to guess the bulk of it is probably held in you like your solid security fund. Right. Armstrong has always said, you know what the government never thinks about is you know, they complain about the stock market, especially when it crashes, and a lot of people say, oh, the government should do something about it. Let's form a special committee and investigate all the stuff. They never find anything, right, But when you look at the stock market from the eighties to today and how much money, how much it went up, if our social security funds were invested in the stock market, we would not have a shortage today. You know what he goes. They penalize the average person because they force us to take a portion of our income put it into social security. And social security is only invested in government debt. And for about a decade to maybe fifteen years, debt paid practically nothing, right because of the low interest rates, so we weren't negative. Well if they did that, how could the government take the money? You know, they wouldn't do that. That's how Clinton kind of balanced the budget. Well that's why I'm saying, that's why they don't let you take the money invested in the stock market. They force you and invested in government. I mean, it's part of thee Well it always was, but I mean if you take that though, I mean in Europe they had negative interest rates, right, so meaning that you had less money later you invested today, and you had less later than you have now because it's not paying you any interest, you're actually paying them to let them borrow your money. That's really what that means, which is nonsensical, but with negative interest rates, but in the US we were almost zero. So for social Security to be stable, actuaries who are people who are statiicians who calculate money and returns and all that said that, you know, they had to have an average of eight percent every year to be sustainable longer term. And we had, like I said, at least a decade too close to fifteen years maybe where we had zero to very low interest rates. So you're nowhere near the eight percent. And so you're penalizing the average person by forcing them to buy government bonds in their social security savings funds and not allowing us to invest in in other things. And then you know, and then you also sometimes penalize your for a one K plans because people say, oh, well, I can invest it, you know, in this and that, right, or maybe you're five or three b's or whatever the different ones that maybe require you to be invested in triple A rated securities. The only things that are triple A rated are pretty much government bonds. Yeah, because the theory is, you know, the government would never default, which again is not true. And you look through history, governments have difference. So that's how they rate countries. Well, that's the how they force you, I thought we d well, that's even even in Europe. That's how they force a lot of pension plans to invest in their own government debt is because they say you have to be invested in triple A raided securities. Generally, Yeah, the only things that are triple A raided are government. You know, companies you can find. You know, do you need a military to be triple A raided? I guess yeah, I don't know, right, backed by the US military. But Martin's joke, Armstrong's jokes would always be, you know, well, he goes. You know, we've proved to people before, well, triple government isn't triple A rated because they said, if the government defaults, He goes, what are they going to give you portions of the national parks? You know, Picasso's hanging in the galleries, you know, they're maybe or whatever. You know, He's like, they don't give you any of that. He goes, if they default, you get nothing, he goes. At least if a company defaults, they'll liquidate the assets, you may get pennies on the dollar. You'll get something. And it's not just bond holders first, shareholders and. Yeah, bondholders get paid first on shareholders second. But so that's why you only get probably pennies on the dollar. But you'll get something. If you invest in government, you get nothing. If they default, they'd be like sorry, you know, but that's where all your money is. Right. So if you have a pension plan that says you have to be invested in triple A rated, you're in government bonds. Your social security is in government. Bonds, going to give me, so, you know. And then and again, the schematics tells you that twenty six point four trillion of the US debt is invested domestically. So if the US defaults on its debt, who gets hurt. We get hurt as a taxpayer. The money is here, the debt is here, it's not really internationally. So that's why it's so terrible. And the fact that they don't ever want to pay anything back, and they just keep growing the debt and as you just commented, Biden sending more money to the Ukraine. They keep spending money, and it's all on our shoulders and we're it's never gonna get paid back, and then there's going to be a default. It's not a matter of if, it's a matter of when, and then we're gonna feel the pain because the pension funds that people who are retired are relying on will have no money. Because the way debt works and the way government issues debt is they basically when this new when let's say they have debt that retires in twenty twenty four, the way they fund the government, all governments around the world generally fund themselves. One it's supposed to be through taxes, but there's not enough taxes for the government to fund itself. What we spend in our budget yearly is more than our tax the taxes that the government collects. That's why the debt keeps building. So so what they have to do is issue debt and when the when the say that some coupons expire here in twenty twenty four, then the government needs to arrange funding. So they sell a new coupon out of one year, five year, ten, twenty or whatever it might be, and then then people buy that debt, investment funds, solid security, whatever. People will come in and buy the debt and then the government gets this influx of money and that's the money they can use to spend, but then they don't pay it back, so they have to to keep themselves running. They have to issue more and more and more and more debt to keep getting money to pay their bill. So because remember we talked about as I know, not on the show, but just me and you from our own discussions years ago. I think it was Italy tried to issue debt and again they're in worse shape than we are, but they tried to issue new debt, and same with us. Like they'll say, oh, the Fed, you know, might issue debt and the treasure will buy it. The European Union they may issue debt and the government buys it. Right, And they were at negative interest rate, and then, like I said, the the ludicrousness of that is that you're basically saying, I'm gonna pay you to buy you my debt, you know what I mean. It's kind of it doesn't make sense, like, so you're borrowing my money, but I'm gonna pay you to borrow my money instead of them, you know, paying you interest. You're paying them interest even though they're borrowing your money. That's really what that means. That's why negative interest rates don't make sense. But that is not what happened. On paper would say it's negative interest rates, but they didn't require you to pay them. They just, you know, just like borrowed your money and pretty much gave you nothing back for it. But they were forcing companies in Europe, like if you held your money at the bank and you try to be conservative and to have savings, they forced you to spend the money by basically because if you kept money in the bank, they charged you money for keeping money in the bank. That's what negative interest rates did. So then companies like, oh, I better go spend this money because I don't want to be charged for holding it, you know in the banks. It is. It was silly. But then so Italy needed to issue debt and there's nobody that really wanted to buy it. So again the same with FED you know, and treasury and all this stuff. So basically the European Bank came in and bought the debt that was issued by the Italian government. And but they did an experiment to. Trust grease hung there isn't that how they strong arm? Well, no, that's how they get to get. These countries to fall in line with their their woke agendas, taking immigrants, doing all these other things. They probably use some of that, but my but my thing was just that. Okay, when when the the European central banks said they were not going to do it because they had so much debt they didn't want anymore, right, they just said, we'll just let it happen naturally in the market. Italy go out issue debt because they needed money to pay for their government, right, they just let the market determine the interest rate. The rates skyrocketed in a single day because nobody wanted Italian debt because they knew they were not in good shape and the probability of default was high, so no one wanted. No average person or company or hedge fund or whatever wanted to buy Italian debt because the chances of it defaulting was high, so they didn't want it, right, and so that's the risk return ratio. The higher the probability to fault, the more interest you have to pay. That's why as an individual, a consumer, you pay higher interest rates than somebody else who has a better credit score, because there's a higher probability if you have a low credit score. You have a history of not paying your debt or not paying it on time or whatever, so it drops your credit score rate. So from the lender's perspective, you have a higher probability of default than somebody with a better credit score. So because of that risk return ratio, they'll say, you're going to have to pay a higher interest rate because we don't because there's a higher chance you might default, so we can make more of our money up with the higher interest rate. So if you pay for three of the five years, we may have made all the money we wanted from you. Right, so if you default in the last two years, we've gotten the interest from you because of the higher rate. So that's essentially what it is. And then so when the rate skyrocketed, the central bank had to step in and say, Okay, the market's looking how to control Nobody wants this debt and they didn't want it to look bad, but they were just testing the market and it proved that nobody wants the debt of Europe, and then the bank had to Then the central bank had to come in, and they're the ones who've been buying, just as they were before, buying a lot of the debt of the European countries. So but it's just a band aid to cover over. The situation, right, So the pain's coming. Yeah, and that's what I'm saying. So here in the US the same thing. We are ultimately the majority holder of our own debt, because it says here five point two trillion is held by the Federal Reserve system, three point seven million trillion sorry, is held by mutual funds, one point six trillion is held by depository institutions. So that would mean banks, banks hold a big portion of federal government bonds because I used to work at a bank under in what was called regulatory capital, and banks hold bonds as a form of capital against their assets, so they would hold government bonds. One point seven trillions held by state and local governments, five point seven trillion held by US holders of savings bonds. Seven trillion in an intra governmental debt, debt that US government owes to its own agencies. So you might think, like Fanny May Freddie Mack, things like that. One trillion is held by pension funds, four hundred and eighty billion by insurance companies. So look at that, right, So we are holding again a majority of our own debt. So if the federal government defaulted, there'd be a lot of trouble here in the US. There's trouble on you. Well, yeah, so but when you hear people say, oh, China is the biggest holder of our debt, not true? Yeah, international is not even It's eight trillion of the total, and twenty six of it is held by the US institutions in US, I think. I'm's trying to black bill US, black BILINGUS. Man. Hey, reality is reality. Many it's seventy seven percent of the debt we hold. So that's why you need to worry, not by China holding your debt. So what a crazy episode? The sick guy. I don't know how I'm going to tag this one the sick episode, but some crazy. As always, there's always something crazy going on in the news cycle. The longer we wait, I mean, we have to put one out a week. Got to get Nick over here for one. He's you know, from almost Cannon podcast. Check that out. It's well done. It's fun if you like treasure hunting, if you like sasquatches, if you like dog men. He did a really good episode. I was listening when I was on the tractor moving dirt around land between the Lakes Kentucky and Tennessee area. The dog man attacks pretty crazy, need to check that, check that guy out. No, my goodness, more naquill so by blackpil am. I get my hope. My hope's up. I see some light the end of the tunnel. Then she drops bombs rains on my parade. Man, well, I mean like that. There's another article right here on zero Card says government spending shock, US budget deficit sores and worse start to rear on record because most people don't realize that the government deficit or the spending the year starts actually I think in October. It doesn't start in January. So it says they showed this graph. It's like trickeration. Man. Well, they're always about keep a regular year. But they show this graph of twenty ten all the way to twenty twenty four. And the deficit was about three hundred billion in twenty ten. And and if you see the yeah, wow, that's what this graph says, US budget deficit October and November. So it was three hundred billion. It must just be those two months, I guess, because that's what it says in the the title of it, but then it's showing October November of twenty twenty four, six hundred and twenty four billion, so it's more than double since twenty ten, and so he just shows that again he's just going on the spending spree before he leaves, because they said in the article, what was it, fifty fifty billion, fifty billion spike and medicaid medicare outlays surge and spending driven primarily by higher spending on health defense and soul security. So freaking traders and some of that could their fiscal traders is all they really are, but some of that could be you know, if we should hold these people their feet to the fire man to start prosecuting. Yeah, but I forget, I'd have to look it up again, but it'd be asked if people would be shocked by the amount of money we pay an interest on the government debt. Now that interest rates again, that's one of the negative things about the rates not being close to zero anymore. You know now that the rates have risen, and everybody sees that in mortgage rates and things of that nature, but the rates on our debt are up, and what we pay an interest on our debt is more than I think we pay in military spending, more in a number of the things that we spend on, just in the interest on our debt. I mean, Martin Armstrong one time and said that we are still paying the interest on debt we took. Out during World War two WW two. He's a government never pays anything off. They just add to it and add to it. Just stop that nation building stuff. So that's why it's not sustainable. You know, it's going to get to a point where, I mean, they keep talking. That's why they're searching for taxes. That's why they hired all these new I R. S Agents because they know they need money. But that doesn't matter. You could tax every dime that somebody like Elon Musk may is. That st forfeiture is still going on. Yeah, I think so, Yeah, we're just nobody's reporting it when I don't think it's as as you take twenty grand out of your savings and cash to go buy a car. Yeah, I just don't. The cops just take it. Yeah, But I mean, but they could tax every dime on somebody like Elon Musk makes, and it's still not enough to cover the interest on our debts. So it doesn't matter you paid a billion that one year. Yeah, that's what I'm saying. So it doesn't matter. Our interest on our debt is in the trillions now, yeah, trillions. So why haven't paid taxes anymore? Yeah, that's why there there are so many reasons that we shouldn't because you know, incompetent politicians. But yeah, there's no way. It is a constitutional Yeah, there's no way out of the hole. I mean, you know, debt, the debt is defaulting, which is going to be painful for the company, for the country, totally painful. And then all the people that are relying on social security and anything else. Again what I quoted pension funds, I mean those were not necessarily social security. That's pension funds. People who had a pension from a company, you know, they are invested in the Yeah. So I mean there's a lot of things that are invested in government debt, life insurance companies. You know, if you have a plan there, you know, so much that's invested in that that would be painful if it weren't default. You know, well, we're seriously going to lose the population, the tax base. Baby boomers were halfway through their generation right, turbo fricking cancers from this vaccine you name it, man, m it's a calling of the herd. And who's paying these tax that's why there's just no coming out of it. Well, that's why the you know, just the schwab thing is you'll own nothing and be happy. So they'll say, I mean, that's Martin Armstrong's case all along was that he said that, that's that's their goals. They say, well, if the government defaults on their debt, then it's okay. You know, you can default on your debt too. You know, we'll all default on our debt and nobody you won't own anything. But then you know, you'll be happy because you won't have any debt. But then you still have to pay rent and things to somebody. You know, you have to rent clothes and rent this, and and you're like, well, why do I have to rent anything from anybody? If nobody's posed to own anything, So somebody's owning something that you have to pay for. It's just not you, it's who ever's in charge. You know, they become your your landlord. But Armstrong said he had a plan, you know, to get us out of the debt. But you just got to get people in charge to listen to him. So we'll see if they will. We got a bounce. You want to cover anything else, I'm just taking inno some bystander at this point. No, I just don't not feeling well. I mean, I did want to talk about that murder of that the CEO CEO. But it's turning a little bit more in depth and then we'll talk about it later. Everybody knows, no, but there's a. Maybe just under the conspiracy. I know people are rooting them on. Yeah, there's people like they're. Turning him into like all the young ladies because he's got a six pack and he's handsome. And no, they're saying more with the girls now. No, some are saying it's there's a lot of people saying he deserved it because of because he's you know, where he works and how you know, all these insurance agents, insurance companies are basically not covering people's costs, and you know, they're pricing people out in the market, you know, all these things, so for medical care and because they are you know, denying things that they will pay for. And you know, so some people are like, well they deserve. What they get. It's just another trust fun baby taking on somebody else's freaking, you know fight. He was never affected by any of it. It comes from a supremely wealthy, you know class of people. These you know, these weirdos, but they have they have nothing to do, so they just appropriate somebody else's fight. Yeah, it's just it's ales a zero head and says progressivism and murder of the healthcare CEO. And it basically says social media was flooded with posts and videos suggesting that Thompson, who's the CEO at the very least, did not deserve to be mourned because of all the healthcare his company has denied. Pores. This is bolshevikshit. This is like Bolshevik mind space. Anybody that agrees with this, you're a Bolshevik man. That's what the Russians did in the revolution. They took every you know, all the rich people out, they took the the emperor out. You know. Come on, well, I mean I told you, I read. I read a brief comment on Martin Armstrong's blog armstrong economics dot Com. Basically was not that he's saying the guy deserved it, but he said people are getting feelings like that because they're saying that, you know, insurance has been screwing people. I mean, you don't only think about healthcare insurance, you think about property, right, Look at all the people that. Have priced out of their own homes Florida, and yeah, they're priced out there. Even cars, Yeah, cars that can't get. Not even that, those that had their property damage during the hurricanes are not getting covered. So they're losing their homes. And then they go, I paid for insurance. And they've been mized, and maybe rightfully so. But there's other ways to do this, because it's not going to make an indifference. Yeah, by shooting him it does make no it makes sense to let. Somebody else in his place. But but he's just saying that the tide has turned. Essentially, people's are thinking that these companies are kind of evil, I guess because you know they don't cover going again. Yeah, capitalism, capitalism is evil, but right, it's all Marxi. Marxis Marxist bullsh So we should all be communists or socialists, right, I don't that's that's the whole argument. No, I don't know if that's a whole argument, but I mean I think to a certain degree they have you know, I mean, you know you they are trying to you know, improve their bottom line or whatever it might be. But they can't deny like everything, you know what I mean, if you take people's money, then you should be doing what you say you're going to do to a certain degree, right, Yeah, I mean I remember not too long ago, we were listening to local radio and then one guy said he stopped he paid for his house and he stopped paying for insurance for how many years he goes, Because once you pay for your home, you don't have to have insurance if you don't want. I mean, when you have a mortgage to mortgage companies require you to have it. And the guys which is surprising because if your house burnt down you had no insurance, then how do you get taxed on valuation the county sets for it to go to the schools to go with, you know what I mean? Yeah, but I mean, but they didn't think they'd make you just like you have to have insurance. I mean, not that your house is moving and it's going to kill somebody. Yeah, but are insurance. But the guy said, I once my home was paid for it because I just took whatever whatever. Say, his insurance was two hundred dollars a month. I took that. I put it in my own savings account and he said, so he goes. You know, the amount of money that I've accumulated. It may not covered an entire house if your house burnt down, but when you think about it realistically, the insurance company doesn't either. Right. So if you've ever had a claim, like we've claimed damage before and they'll say, oh, well, your roof is already ten years old. The thing is I do the work myself usually and it's barely enough to even there's nothing going in our pockets. Yeah, it barely covers them across the material. That's what I'm saying. That's what people are let alone freaking labor. Yeah, that's why people are pissed off, because it's not they're saying exactly. They're saying that you put all this money in and then and they don't even cover it. Like they say, again, if your if your roof is ten years old, well we get to deduct the wear and tear already on the roof. So you're not gonna get a brand new roof. We're only going to cover this much because it's already this old and blah blah blah. I only have fifteen years left on a thirty year. So this guy is saying, you know, he may not have had enough money to fully repay for his entire house, right, but he said, I probably have exactly what they would have given me, maybe you know, in cash, and then I could have use it as a down payment to buy a new house or whatever. Because because they wouldn't I've been paying them, I would have nothing. And you know, but if I do get a damage to you. For not paying insurance companies once you've cleared your mortgage. Well no, I'm not saying that person, but are told this is what one guy did. It makes sense, but it also takes discipline. So you have to make sure you put the money in and you don't touch it, right because if you touched it and you took it, and you're going to be screwed one way or the other. Right. But even like moredern Arms aren't give it an example on his own, he said that his mother's house got damaged in New Jersey and he made a claim and he because they found all these little things, which is the reason why they wouldn't pay, and he goes, oh, we got nothing, and he goes, it's a ripoff. He's called it a ripoff for years. I've countless blog articles we talked about that. So you know he's not a big fan of it either. So and that's what he's saying. I think it's starting to come out in people's because of so many natural disasters and so much going on and health. So you have health and. Yeah, they're like a lot of they're leaving Ohio because of the storm damage. You know, they just can't keep up with it. Yeah, I mean so, and that's why the prices are going up because you know, they've had to pay so many claims. And then they're like, you know, again, they're not in business to lose money. So they're pulling out of the hurricane areas. Yeah. So then they're like Tornado country, hurricane country. You know, they're popping steaks out with the tent moving. So but that's what this article is basically alluding to the fact that people are starting to be they're getting pissed off, saying, you know, I pay for this insurance and then when I need it, you aren't giving me what I'm what I paid for right and people are getting pissed. Whether that's true or not, I don't know, but it's what it's alluding to, high level and basically what people are saying. I guess on social media. It's harder to get insurance now as well, property insurance, from peeling paint to there's just a number of issues that certain companies are sticklers for. You know, we'll see what happens. We'll see what happens. Maybe we should own nothing and be happy. Would we be happier? I don't think the American I would be happier. I think as you'll be worse off than you are now, even though you aren't maybe in the best position now because. Liberties and freedom anything else. Okay, the Nike Will crew is out of here. Thanks for listening. Guys. Your time's important. Hopefully we didn't waste too much of it this episode. But you can only lay around for so many days sleeping, feeling crappy. So at least we tried give us some credit. We love you. Thanks for the emails. I'm going to start delving through those. We find some good ones, we'll talk about it. Give you props on the show. We have a back. It's backlogged a little bit, but I've got to read next book. He's gonna start getting mad at me. I'm not gonna be able to go on this podcast anymore as a guest. All right, say good night. I'm gonna kick it with some music. Here comes, here, it comes, wait for it. Good night, everyone, love you. And then Dadd
