Bill Meyer Show Podcast - Sponsored by Clouser Drilling www.ClouserDrilling.com - 10-20-25_MONDAY_7AM

Episode Date: October 21, 2025

Bill talks with Rogue Indivisible chair Matt Spurlock about the org, No Kings, funding and more. Trent England, EO for SAVE OUR STATES is all in on getting your public comments in on keeping your bank... data YOUR data.

Transcript
Discussion (0)
Starting point is 00:00:00 The Bill Meyer Show podcast is sponsored by Klausur drilling. They've been leading the way in Southern Oregon well drilling for over 50 years. Find out more about them at Klausurrilling.com. Here's Bill Meyer. Great to have you here. Matt Spurlock. He asked for a little bit of time. I wanted to talk a little bit about what's going on, Rogue Indivisible. Rogue Indivisible is the group that he is the chair of.
Starting point is 00:00:21 And anyway, welcome to the show. How are you doing this morning, Matt? What's going on? Hey, doing great. Doing great. Okay, well, just so you know, here it is two days. days after no kings too, there is still no king. Are you happy? Do you feel a sense of accomplishment after the big protest on Saturday? Right. That is kind of the running joke. But yeah, I mean,
Starting point is 00:00:43 that's not so much what the event was about. We think that Trump has made a lot of authoritarian decisions, and we want to ensure that there will still be no king. So yes, I'm very grateful he has not coordinated himself as of yet. Okay, well, that's good to know. By the way, were you out doing no king's rallies when President Obama was doing his executive orders with, well, I've got a pen and a phone and President Biden was going to, you know, fire us all unless we got the jab and things like that. Did you go out in March for that, too? Just curious. So Indivisible didn't exist until the Trump presidency happened. Actually, I guess the run-up to it in 2016. But for me personally, I did speak out against that. And,
Starting point is 00:01:30 and social media and with my friend group. And I was a libertarian until fairly recently. In fact, I just changed my voter affiliation about a month ago. So that's, I was a big Ron Paul supporter. I voted for Gary Johnson. That's where I'm coming from. Yeah. I was trying to find out there a little bit more.
Starting point is 00:01:52 Now, I know about ORD-2 Indivisible. What is the difference between you and Rogue Indivisible, if you could help me understand that. What kind of a group are you actually? Because I went on the Secretary of State's group to try to find more about the group. And it ended up being the corporation was supposedly dissolved. There was a dissolution order in 2020 during COVID time. And it's not listed as a nonprofit that I'm aware of.
Starting point is 00:02:19 I couldn't find any information about that. So what is Rogue Indivisible? What is it? That's a great question. So first of all, we are a completely strong. separate, distinct group from ORD2. ORD2 is based in Medford Ashland, and since that is the population hub of the congressional district, they took that name.
Starting point is 00:02:43 So they kind of see themselves as a bit of an umbrella group over the other groups, but honestly, there's such a minimal interaction between us that hasn't really come to fruition yet. But as far as Rogan Divisible, this is kind of the third iteration of it. it. So originally started back in 2017, and almost none of the original volunteers are still involved. Yeah, it was started as a public benefit corporation is how it was filed with. And then, I don't know, what is it right now, Matt? So right now, like, we haven't even, well, so first of all, I was voted to be the chair of kind of the third iteration of it back in June shortly after
Starting point is 00:03:23 the first No Kings. And, yeah, we're so new. And we're so new. And we're. We have handled so little money that we haven't even had to do the filing yet. Okay, because I went there as I was trying to find out. I went to your website and then, okay, how do I donate? Well, it's work in progress. About us, kind of a work in progress. And this is where I want to go into because it is pretty well known and accepted that Indivisible as a national group has been reasonably well-funded.
Starting point is 00:03:54 And I think you took Ambridge at a listener who called and said, that you're paid off by George Soros. And I don't know where's your grant stream funding coming from? Because I can't find any paperwork on it anywhere. So to date, we have raised $772 and $75.
Starting point is 00:04:13 Okay. Half of that coming from Saturday. We've received a total of $50 in digital donations through our Act Blue account, which is our only account. We don't have a bank account yet. Obviously, as you notice, we're not registered but the state, so we can't even open one yet.
Starting point is 00:04:31 So we do have an ACBlue account, which is kind of like a, almost like a child's bank account, and the indivisible HQ is our parent. So really the money goes into their account, and then they deposit it into this ACD blue account for us, which I don't think we even have the debit card for that yet. So yeah, we've got $50 in that account, and then we just have a little bit of cash that we're using to reimburse people for, you know, the water and ice and things like that brought to it. So are you just doing this out of your own, out of your own heart, I guess? I mean, no one's getting paid out of this group at all, at all?
Starting point is 00:05:11 Yeah, nobody's getting paid. So nobody does more in this group than I do. I'm the chief organizer, the chief, everything. Yeah, but you seem to be, especially in Josephine County, involved in every bit of political controversy or tumult that there seems to be. would that be fair? Everything from the recall petitions to to various other activism going on. Would you agree with me? You do that? A lot of that? We've been we've been dragged into a lot of things for sure. So yeah, I mean, so the first going back to Storos and kind of the funding thing,
Starting point is 00:05:44 there's two different ways to get money from Indivisible HQ. And that's through two different grants. One of them is called the Growth Grant. Another one's called the Indivisa Gather grant, which is a cheesy name. And basically what those do is, like, if you put on an event that meets their parameters, then they'll give you a grant. We haven't done any of those yet. So we haven't received a dime of funding from anybody who wasn't physically in person at our rallies, and we haven't received any money from any organizations whatsoever.
Starting point is 00:06:16 Okay, so you're able to punch pretty hard, apparently, with minimal funding is what you're telling me, right? Yeah, yeah, it doesn't cost us anything to, we don't have to do permit. or anything like that to be in public spaces. The only time we've ever paid to preserve a space was at the Good Trouble Rally that we threw back in July. And we paid like $100 to rent some, the grass space at Riverside Park. So this is very small. Pretty much we just make the event. We put it out on social media.
Starting point is 00:06:49 We have no idea how many or who is going to show up. What do you really want, Matt? um gosh so many things because when i looked at no king's rally over the weekend to me it uh it seems pretty simple it was really about a no republican presidents two you know part two i think is really what it was i wouldn't even say that um so uh for me personally you know my biggest dig against the bush presidency uh bush two um was the war stuff and then really that continued and escalated under Obama. So I gave him a lot of grief for that, too. But really, ultimately, what we want is, just like it says in the pledge, you know, liberty and justice for all. So we're really
Starting point is 00:07:35 concerned about what the Trump regime is doing with ICE, just indiscriminately kidnapping people off the street. Okay, liberty and justice for all. Okay, justice does not necessarily mean that you talk about being kidnapped off the street. Kidnapped off the street. usually means that there's an icehold waiting for you. Isn't that? In other case, that you were not supposed to be here, you overstayed your visa, or you never got permission to be here in the first place? Isn't that the case? Well, in an ideal world, yes. In an ideal world, there would be warrants for these people, but what seems to be happening in reality is that these people who are completely unidentified and wearing half-hazard uniforms, if anything at all,
Starting point is 00:08:23 are just indiscriminately picking up brown people and then trying to sort them out later. And, yeah, it's not even, the detention centers aren't even really federally owned or operated, GEO group and a couple of other private businesses that are policing the American people to essentially be Trump's Gestapo. Okay. And this after, did you come out after President Trump, having, or President Obama, having deported millions, why does it seem that there's only a concentration on President Trump right now? I don't recall any indivisible or any pushback when President Trump, President Obama, I keep mixing up the two, pardon me, ended up deporting millions
Starting point is 00:09:08 during his presidency. I didn't hear any problem with that. What's the deal? Yeah, so the way that it was done was completely different. To my knowledge, they were most of the so-called deportations were encounters that were at the border. So it wasn't, you know, sending paramilitary forces into our cities and pulling people out of hospitals and restaurants and trying to, you know, grab them anywhere that they could. That's never really happened before, you know, at least not since the Japanese internment camps. So it's just wildly different. Okay. Well, you know, you have to admit we're pretty much happy.
Starting point is 00:09:48 we're happy hunting grounds for immigration and customs enforcement given the fact that we are a sanctuary state which means that we condone law breaking so in my opinion here Matt we get what we get on something like that and we'll see where this ends up going
Starting point is 00:10:04 I disagree with your overall take on that film we will agree to disagree for right now then but what was your main issue that you know with the gentleman who called on on Friday show and that's why you wanted to come on in the first place because they had to do with I don't know if it was about the George Soros funding or not.
Starting point is 00:10:21 What? Yeah, the Soros funding thing comes up all the time. That particular gentleman and I had some run-ins in the past. He's a very vocal critic of mine and our group. But I guess the other thing to kind of address would just be the recall. So Rogan Divisible is not the group that is funding or supporting or coordinating this recall. And if it was, it would look... But I would imagine that you're more than in that.
Starting point is 00:10:48 supportive of it, though. Would that be fair? That's more of a personal thing for each of us. It's not something that we talk about. We haven't organized a single event around the recall. Our focus is definitely national issues, but pretty much Cliff Benson and above. These are a congressional representative. That's where our focus is. There are several people in our group that, you know, see that the commissioners are acting kind of like miniature versions of the Trump regime. In other words, reducing spending?
Starting point is 00:11:24 I wouldn't say that. So Andreas Bleck, our appointed commissioner, came up with his own doge. So he went through and fired people fairly indiscriminately. And then he offered the same voluntary resignation program that I think is really going to set the county back significantly. I would see if I were you Matt just giving me a bit of advice I would get used to more of that I think we're at the point where we're starting to run out of other people's money and I think that just out of necessity you're going to see more of that and as far as
Starting point is 00:12:00 dotting the eyes and crossing the T's and getting every job job of furlough or whatever it is done in the perfectly union happy world I don't know that's going to make sense over time but like I said we'll agree to disagree on this okay all right Sure. Okay. But anyway, so George didn't write you checks this time. If you get bigger, then they write you checks from the main individual, because indivisible, the main HQ does get paid from the Open Society's Foundation.
Starting point is 00:12:29 There is a portion of their funding that comes from that. My understanding has been $7.6 million since the founding of the company. That's the number I've seen reported both. I think most recently that's. Yeah, I saw $15 million over the weekend, so I guess we can quibble, but still, yeah, it's not nothing. Right, sure. But multiplying that, I guess, dividing that by, there were 3,000 events just for No Kings 2, and over 7 million people that showed up. So even if it is 15 million, and they found a way to send checks to all of us, then we're talking about $2 a person. And like nobody gets paid in our group. I can't speak to the other groups, bigger groups, and, you know, wherever. And besides orange face paint is cheap, right? It sure is. It sure is. Okay. All right. Hey, Matt, I appreciate it. I'm happy to let you do your thing. I just want to find a little bit more because I can find out nothing about you online, which is unusual.
Starting point is 00:13:26 Sure enough. Yeah, we're mostly just on social media right now. I do plan to get a newsletter out so we can definitely get you on that if you like. And so to really give the website going. We've gone about an hour invested into making it what it is so far. So it's pretty minimal. All right, Matt. Talk to you later. All right. Thank you. Matt Spurlock, and he's the chair of Rogue Indivisible, which, of course, is pretty busy over the weekend there in Joe County. 730 at KMED. This is the Bill Myers Show, 7705633. You're hearing the Bill Myers Show on 1063 KMED. Now Bill wants to hear from you.
Starting point is 00:14:03 541-770-5633. Equipment serving the Rogue Valley for over 50 years. Trust Zoles, where dependable equipment and honest service always come first. 732 at KMED. Steve's in Sunny Valley. We'll take a little, a few open phones before we break for news. Hi, good morning. Who's this?
Starting point is 00:14:22 Steve, that's right. I said Steve, never mind. All right, I introduced you already, all right? I need more coffee, my friend. What's on your mind? Oh, Matt, just he said everything that pushed all my button. I had the opportunity in college to work in a foreign country. And I know the steps you have to go through to work in a foreign country,
Starting point is 00:14:40 including chest x-rays and physicals and. limits to how much time you can be there. We shouldn't have any illegal immigrant working in this country because it is lowering the pay for every single non-college educated and what they call, you know, the lower-less... Well, what is entry-level, entry-level people, yeah, it hurts. There's no doubt about that. You have to understand, though, the open borders crown, and by the way, a lot of libertarians, and, of course, he did describe himself as a former libertarian.
Starting point is 00:15:17 I'm not going to put words in his mouth, though, but a lot of them are open, a lot of them are open borders people, and it only works, it only works if the entire world has the same standard of living. I would agree, and that's not necessarily going to happen, otherwise you end up having these kind of conflicts, but it's, I think it, I look at this more as a property rights of the existing people in the country. If you're going to look at it from the libertarian side of things, from the ideology, I would say that the people who are citizens here have property right in the nation and have the right to be able to determine who comes in. That's all. And if we let all the young, hardworking men come in here, who's going to fight to improve things elsewhere?
Starting point is 00:16:05 That's their job. They need to stay home and make it better. All right. Appreciate the call there. Thank you, Steve. That's not all it, though. I have one more thing. Oh, something else. So you're more irritated. Go ahead. Oh, yeah. All right. Andreas Black is what you get when you get rid of John West. That, they earned Andreas.
Starting point is 00:16:24 They really did. And this entire recall thing, using an off-season, off-year election with a small turnout, to overdo the will of the people is not democracy in action. It is not. Well, I would agree with you, too. I would just say, leave it alone. My opinion on the recall has been, no, don't sign up for it. Just leave it be right now.
Starting point is 00:16:46 We need a little less drama, not more, in Joe County. Okay, appreciate the call. Let me go to Olivia. Hello, Olivia. You order that way in. Go ahead. Hey, Bill. You know, I just wanted to really just weigh in on the fact that, you know, Matt is claiming
Starting point is 00:17:03 that he has, you know, that Indivisible or Rogue Indivisible has no, you know, participation in this recall efforts. I can find nothing that, nothing in the books there that would indicate that there is a financial time. Nothing like, because I can't find any books, first off. Let's just talk about the, you know, the, let's just talk about the street view, okay? Let's let's talk about the fact that we know that Matt Burlock and Richard Flora, Ricky Palmer, and Kirk Collins, these are people that are with Rogue Invisible. And then we go to the field. We go to the county clerk's office.
Starting point is 00:17:38 We see, you know, Richard Flora bringing in. all the pre-printed signs before the recall petition was even filed. We see Richard Flora, and we have videos, and we've been posting this to social media all over the place, setting up all these recall boosts. We have Matt Spurlock setting up all the recall booths at the post office and various other locations. But they're allowed to do that, though. Yeah, no, but they're claiming that they have no role in this recall.
Starting point is 00:18:05 They are not just somebody that's like a volunteer just coming in one day and sitting at a chair. They're actually the ones, you know, actively, you know, actively forced. There was a recall boot at the No Kings Rally at Matt Spurlock's Roke, no Kings Velt Rally. He had a recall booth there. You know, the bottom line is that we can show these people's involvement. And, you know, we're working on, you know, dying these same exact people into, you know, money trails too. We got Jordan Morgensen, you know, he's been putting out some stuff as well. I'm sure he's got a little bit more information on that, but we can, you know, from the field, we can prove.
Starting point is 00:18:48 You know, let the people decide. Okay, no, the thing is, though, what, you know, what you have to, the point is, is that people make the claim of Soros funding. Now, Soros funding is very shadowy and gets washed over many times, and it comes out in innocuous sounding names, like from the time. Yeah, you know, in which it's like, okay. Okay, people for a better future or something like that. You know, it always gets washed that way. But there doesn't appear to be a structure there, an official structure right now. Yeah, and one thing Matt failed to explain to, it's not just grant sending.
Starting point is 00:19:22 If you go on to Indivisible's National Site, you're going to find also a reimbursement avenue in there for, you know, receipts. And I'm sure the money gets washed down through that as well. Okay. This is not new news. I mean, I don't know why he doesn't just say loud and say it. proud like he does everything else. I mean, the bottom line is that we don't need to sit here and argue about Soros funding indivisible. You know, everybody knows that already. You know, it's not like new news. You know, Soros isn't denying it. You know what I mean? It's like right
Starting point is 00:19:52 there on his Open Society Foundation thing. So he's just claiming what he wants, you know, saying, you know, what benefits, you know, him. And that's it. There's no, there's no, there's no, we don't need to argue about this. It's a fact. Okay. All right. Olivia, I appreciate your call. way, do you have your Antifa documentary done yet? Is that ready? Well, you know, we're still working on a longer version, but we've been putting out short little videos of this. A series of them have been, we've been blasted all over social media. And where do you get it? Where do you get those little blasts? And so, well, Jordan Mortensen's been putting him out. He's got a YouTube channel, but it's been put out all over, all over.
Starting point is 00:20:37 There's several Josephine County, you know, Republican sites and conservative sites. But, you know, and then a lot of us individuals are replaying them as well. So there is no one clearinghouse for it right now at this point for what you're working? Hopefully, and Jordan may call in. He might tell you where to. Okay. All right, Olivia. Hey, appreciate the call.
Starting point is 00:21:00 And thanks for getting that on. Let me grab a couple more calls on running late. here we'll get right to it. Hi, good morning, Dave. Yeah, I wanted to say is this, on Friday I got a call from a friend that organized a meeting with the county supervisor, Jeff Harris, the fire marshal, Susque County Fire Marshal, and the Wyrica Fire Marshal, and me and a friend out here owns a lot. We're going to go and see if we can't get Lakeview Road open that should be open
Starting point is 00:21:38 You have been working to do that for years That is So they're finally going to give you a meeting on this And okay, when's the meeting going to be in SISCU It's going to be at 11 a.m. In Wireka On Miner Street, there's a little bookstore cafe in there That we're going to have the meeting
Starting point is 00:22:00 Okay, what time And day It's at 11 a. Today? No, the 23rd. Okay, on the 23rd. Okay, so one, two, three, Thursday. So Thursday.
Starting point is 00:22:11 All right. All right. Hey, Dave, send me an email on that meeting, and I'll put it in my blog just to keep in case some Sisku County residents wanted to check it out. Okay, good job because you've been working on this for a long time, all right? All right. All right, appreciate the call. It is 712, 40, not 40.
Starting point is 00:22:28 There we go. 740, there we go. Kind of tripping over my time check here, but you're on the Bill Myers show. At Drake's Paints and Supply, we know your color. Here's Bill London, KMED. 743, and we have Jim. Jim, you wanted to weigh in on what Matt Sperluck had mentioned here a few minutes ago about illegal immigration, the equivalent of Japanese internment in World War II.
Starting point is 00:22:48 Go ahead. Yes, I think that that's a completely null and void. First of all, the internment operation was dictated by Democratic. President Roosevelt during with his War Powers Act in World War II, the beginning of World War II, and they were U.S. citizens, and I knew quite a few of them, and they weren't illegal alien. And that was really just a debacle of a situation. It comes right down to it, Jim, is that the open borders crowd, for the most part. There's a lot of open border crowd in Oregon, as you well know, with our sanctuary city. What really
Starting point is 00:23:32 is saddening about this is the fact that it really is love, it is the extension of that priority of love that we've talked about. You know, you're giving way too much love rather than love for your own people. You know, you need to keep that love a little closer to home.
Starting point is 00:23:48 And I'm hoping that they will see the error of their way at some point. I've seen no evidence yet of that. Yeah, well, unfortunately, you're right. Absolutely right. Yeah, all right. Appreciate the call, but yeah, it was a stretch, okay? 744. Now then, Trent, England's going to join me here in a minute or two, and I'm looking forward to this.
Starting point is 00:24:06 It's the banks. We're talking about the banks, the big banks, versus America. What does he mean? We'll talk about that report next. Malek Construction has been a general contractor. England joins me. He's the executive director of Save Our States. Trent, before we get on to the topic du jour, what is Save Our States?
Starting point is 00:24:25 Love to find out more. Yeah, I created Save Our States 16 years ago. to defend the Electoral College, and we've always been focused on issues of national importance that have some connection between what goes on in D.C. and what goes on in the states. And we've gradually been expanding to take on other issues like this issue of who controls our banking data. Okay. Now, before we get to that, is the Electoral College pretty much safe for the time being, or are the attacks still occurring from various states? And what I think are illegal state to state compacts. Yeah, that's right. I mean, we still see this national popular
Starting point is 00:25:05 vote campaign out there. We've built a really good firewall in red states and purple states and even a handful of blue states like Michigan, where we've been able to stop it, even with the Democrats in control of everything out there for the last couple of years, or Republicans took back one of the chambers in the last election. But we have a good, we have a good firewall, I think, And we're hoping that, you know, at some point, legislatures in states like Oregon will recognize what you said, that this compact is illegal. It's also terrible policy. And we'll start to push this the other direction. But it has given us some time to, you know, to take on other things in addition to continuing to protect the Electoral College.
Starting point is 00:25:44 It's really funny that had they gone with that this time around, had they pulled the trigger on the national popular vote, Oregon's electoral votes would have had to go to President Trump. because he won the national popular vote, didn't he? That's exactly right. I mean, you know, President Trump would have won almost all of the electoral votes in the last election if the national popular vote compact was in effect, which is one of the reasons why I think, you know, I have always doubted that the other side would actually use it if a Republican won the popular vote. it's just hard to imagine, you know, Oregon, California, Maine, Massachusetts, these blue states
Starting point is 00:26:27 giving their electoral votes to Donald Trump, you know, in that compact scenario, I think that they would all of a sudden decide that this compact turns out not to be legal and would go back to the old system if it benefited them politically, which, you know, I think it's just important for anyone considering some election change like this to think through. and how does it actually work in the real world in a contested election? And this compact is particularly dangerous that way, I think. All right. Let's shift then to the current topic then has to do with open banking.
Starting point is 00:27:04 And the campaign is called Banks v. America. Banks versus America. Well, that's been going on a long, long time, if we're talking about the Federal Reserve. But I think you're talking about what our neighborhood banks, the banks we go to every day. What do you say? What's going on? We're really talking about the big banks. So, you know, this is city and J.P. Morgan and these giant banking conglomerations, Bank of America, that, you know, they, obviously all of these, you know, started out as smaller financial institutions.
Starting point is 00:27:40 But when they become these big national and multinational institutions, one of the things that we have seen them do is they want to turn their customers. into product. And I think we get this with, you know, with a company like Google, right, where they give us a bunch of services for free, I think people have realized, right? If you're not paying for the service, you are the product. And really, Google is selling us to their advertisers. But we expect something different from banks because we do pay banks. You know, we pay banks all kinds of fees. We let them hold our money, which is how they make money by turning around and investing the money that's held in the banks, right? We're not supposed to be the product that these banks are selling, but big banks have decided
Starting point is 00:28:26 that they don't want us to just be customers. They do want to turn around and sell our information. They want to control our information and access to our account. Is this why you end up getting, I guess, all sorts of information from other people pushing insurance products, let's say, and you can tell that they ended up getting connected through your banking account. Is that a fair assessment, or is it something deeper than that that you're talking about, Trent?
Starting point is 00:28:52 Well, that's part of it, but it does go deeper than that because the issue here is that back over a decade ago, the federal government created a rule that says that bank customers own our own data, and we own that access to our own account. And what that means, that goes even beyond that sort of just kind of, you know, selling off my information as, you know, so that people can advertise to me. That goes to whether I can freely go to a third party and say, I want to, you know, I want to connect my church to my account so that I can give to my church every month. And the question there is, well, can my bank say the only way you can do that is, is through, me through the big bank or or I get to charge
Starting point is 00:29:47 you some fee or charge the third party you know ultimately sort of charge your church a fee to do that oh yeah because you see the banks would probably prefer you use a credit card which of course they own the network so they get fees
Starting point is 00:30:02 they either pay fees to the network and also get a kickback from the network to for a visa master card discover etc that kind of thing is that what you're getting at that's right you know Or they would prefer that, you know, they might want to set up their own payment processing system and force us all into it if we don't want to use a credit card. But that's right. They want to control as much of this process as they can.
Starting point is 00:30:25 And what has happened, this federal rule has made it so that all of these third-party startups, you know, companies like Plaid that do a lot of this third-party processing of donations and payments, you know, you can pay your rent or your mortgage or whatever. Is it like Zelly, too, you know, those kind of things? That's right. Okay. Because of this federal rule, all of these, you know, we have this competitive marketplace out there. People can go and choose these systems. And the big banks don't like it because if, you know, if they can get rid of this rule, then they could charge, you know, they could either shut those things down or more likely they could charge and charge fees so that that would, you know,
Starting point is 00:31:05 those systems wouldn't be cost effective and they sort of push everybody back into, like you say, either using the bank credit cards or using some kind of bank processing system. So as an example, so if I wanted to give my son $100 for his birthday or something like that, I wouldn't be able to use Zellie for no charge out of my account right now, but I might have to pay a buck or two to Chase or to for a state or state or whatever other bank you might be using, right? One of the big groups. Okay. Now, is this – so it's – now, is the rule –
Starting point is 00:31:40 that we're talking about open bank rule 1033 or is open bank rule 1033 what they're trying to eliminate or are they trying to put it in place what's going on here on this uh so this banks be america yeah open banking rule 1033 is already in place so the the good rule is there okay we this is why we've seen all these systems zelle and plaid and you know venmo and we've got this proliferation of all this competition all this innovation I swear there's like a half billion ways to send money to people now, which didn't used to do that way. It's almost pretty cool. Yeah, that's right.
Starting point is 00:32:18 And not to nerd out too much, but economics, economics, relies on money being able to move around. I mean, that's one of the most basic principles of free market economics. You want the money to be able to flow, right? So what are the big banks doing with this Open Bank Rule 1033? What are they trying to do? And what can we do about that? Yeah. They want either to get rid of it or they want it to be rewritten so that they can charge fees, right?
Starting point is 00:32:44 They prefer that they just have total control. If they can't get total control, they want to be able to charge high fees. And so they have asked the Trump administration to rewrite the rule. And there's lots of other problems in banking regulations, right? And so this has kind of gotten lumped in that the administration said, okay, we're going to just go back and reconsider all these banking regulations. we're asking people to go and comment on the website and they can do this through our website, Banks v. America. You can click through there. You can leave a comment with the federal, you know, with the federal government. This is an official regulatory comment. It's a great way to
Starting point is 00:33:22 be engaged and protect your banking data to say, look, when you go and rewrite these banking rules, don't mess with open banking. Don't mess with Rule 1033. This is important to me, as a banking consumer, right, it's important to the little guys, the little banks, right, to anybody who's using ZELE or Cash App or anything like that, we need to protect this open banking rule while the administration goes and rewrite some of these banking rakes, because obviously there's lots of, you know, there's lots of silly and foolish policies at the federal level. Is there anything that truly does need rewritten in your review?
Starting point is 00:33:58 I'm just kind of curious because is it broken right now somehow? Well, I don't think this is. I think we need to protect Rule 1033. I mean, there are other issues with the way that the Dodd-Frank banking regulations were written. I think, you know, there are lots of other problems in there. There are people smarter than me who are working on how to fix those things. We're just really focused on the consumer and making sure that consumers don't get kind of, you know, left behind as they do all this. I think this is a good idea to try to keep a good rule. I mean, I'm glad you're able to find out that there actually was a good rule here. Yeah. I wasn't actually a big fan, though, of this Dodd-Frank bill, though. And I, if anything, I think that, you know, the best repeal would be repealing that because this is when banks got much more speculative with their depositors' money, you know, that sort of thing.
Starting point is 00:34:56 I don't know if that necessarily strengthens it. I understand why the banks are trying to do this, though, because, It's getting very difficult, I think, to make banking pencil in some ways, unless you're grabbing a fee of every dollar flowing in and out, and I would imagine they're not getting fees to as much of this as they would prefer to keep their offices up. Would that be a fair assessment? This is why they're doing it? I think that's right.
Starting point is 00:35:23 And I think, you know, like any business, you mean, if, you know, if Bank of America or Citibank can find another way to make money, right? they're going to try to do that. So, yeah, I don't begrudge them this effort, right? They, you know, they would love to have more control, charge more fees. That's, you know, that's their right to make that argument. But you're making the argument, though, that our bank account is our bank account, even though it happens to be residing within a bank. That's all, right? That's right. And that, you know, it's, it's our data, it's our account. And it's simply a better way to look at it, or a better way to regulate it that way, right, to treat a person's own bank account as that person's own bank account because it creates a more competitive marketplace.
Starting point is 00:36:07 And it makes it less, you know, less risky that we're going to have these big banks debanking people, for example, right? That's one of the other concerns that if we roll back Rule 1033, it's a lot easier for, you know, Bank of America or whoever if they decide, you know, that, you know, you have a small business selling gun parts or something. And we don't like you selling gun parts. And then Bank of America, J.P. Morgan Chase just yanks you. Okay. Now, open banking rule 1033, does that affect credit unions, or do they have a different kind of an open bank rule? Any thoughts on that? Credit unions are separate from this rule, as I understand it. So this really is about the banks.
Starting point is 00:36:48 Okay. It's about the banks, the banks only. You can find out more about it, and I'm going to get my name on that petition or those comments rather too it's banks v america dot com banks the america dot com now since this is an official public comment when's the deadline can you tell us that the deadline is the end of the day tomorrow so we are right here you know people can do it today can do it tomorrow when they go to the website there's a little note at the top of the the government website that notes that the government obviously shut down they're not they're not updating what you can see on there, but you can leave a comment. The government shutdown does not prevent you from leaving a comment,
Starting point is 00:37:28 and folks need to do that today, really, you know, or tomorrow by the end of the day. Okay, again, banksvsamerica.com. It's like banks versus America, banksvs.com. Get your comment in today, tomorrow at the very latest, because that's the deadline. The push is to repeal, or not repeal, but to keep and to protect open banking rule 1033. so that your banking information is your banking information does not belong to the bank itself, okay? Thank you so much, Trent. I appreciate you. And what's your website over at Save Our States? What's that?
Starting point is 00:38:03 We are at Save OurStates.com. And, yeah, thank you so much, Bill. All right. Good having you on, Trent. We'll be right back with you soon. We're some other issue. I have no doubt, okay? 8 o'clock at KMED, KMED, H.D1, Eagle Point, Medford, KBXG grants pass.

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