PBD Podcast - Ed Dowd On The Leaked Covid Messages | Ep. 244 | Part 2

Episode Date: March 8, 2023

In this episode, Patrick Bet-David and Ed Dowd will discuss: The leaked covid messages  FBI director exposes covid leak in Chinese lab  The mortgage applications at 20 year low FaceTim...e or Ask Patrick any questions on https://minnect.com/Want to get clear on your next 5 business moves? https://valuetainment.com/academy/Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQLDownload the podcasts on all your favorite platforms https://bit.ly/3sFAW4NText: PODCAST to 310.340.1132 to get added to the distribution list --- Support this podcast: https://podcasters.spotify.com/pod/show/pbdpodcast/support

Transcript
Discussion (0)
Starting point is 00:00:00 Braul or Paisa, that is super chat. He says, it's not necessarily that those with a bachelor's degree are following the system. As a student, I was forced to take the vaccine before I could continue what my classes as an undergrad level. Maybe grad students were forced as well. Interesting. Now these mandates are still going on in US colleges.
Starting point is 00:00:20 Notre Dame is one of the most egregious policies right now. And I'm just horrified. I'm not gonna give them a dime until if the Joker can't get into the United States. Here we go. Cannot play in a tennis tournament in 2.0. Yeah, you know, Sunday, I'm at the park and I'm talking to a friend, Jeremy.
Starting point is 00:00:42 And I said, hey, would you ever be okay with your son serving the military? So I would love for my son to serve the military one day and protect this country. But I can't. I said, why not? He said, because he's going to force him to take the vaccine. I said, your reasoning is purely vaccine related.
Starting point is 00:00:58 He says, yes. He says, how many vaccines did you take? I told him, I took 11. On the first week, when you go into the military. And we also had to take the anthrax. We had to take all this other stuff that's military property. I wonder how many parents are going to be turned like, Tom, your kids going to school, they have to take the vaccine to go to school?
Starting point is 00:01:17 No, not right now, right? Certain schools, no, no, no, not high school college. If she chooses to go to a certain college, she has to take the vaccine. Well, we're going to see what those mandates look like, but we're quietly looking at that sort of stuff as we, my daughter's a junior took the SATs, so this fall, all the packets go in, remember first. And part of our evaluation process is, is it a mandate or is it optional or is it preferred? You're looking at that and you guys are seriously considering that as you have to.
Starting point is 00:01:50 Yeah. Man, that is pretty wild. As a parent, you have to sit there and say, you're not love my kid to go to such and such college, but they mandate vaccines. You know what? Because of that, we're not going to go there. I mean, a lot of parents are going to have to make these decisions. And at $83,000 a year, national average for most private and fully established state universities,
Starting point is 00:02:09 that's the average. What's the number? 83,000. Now, it's room, board, travel, that's a national average. The, the, the tuition's right around 60, but then you have about 15 to 17 for a dorm and meal card and books and all lab fees. So for $83,000 a year, I have to pay that to increase the mortality rate of my daughter, sorry. Yeah, that's the insanity that we're under. One stat I'd love to share with the audiences in between March of 21 and February of 22
Starting point is 00:02:40 when we first started doing this, 60,000 millennials excessively died. In the Vietnam War, 58,000 soldiers died over 12 years. So in one year, 60,000 millennials disappeared. One was due to the Viet Cong, and the other was due to a needle, I think. What do you think the refrain, not what do you think,
Starting point is 00:03:03 what are you observing their frame? Because safe and effective think the refrain, not what do you think, what do you observing the refrain because safe and effective was a refrain and I'll go back and I'll share with people how this works because I have to agree with you about fraud. So I'm going to ask a question at the end of this statement. I was part of a venture funded company in your 2000 and we were out trying to raise money and we had, we were, our product was sold as a subscription, you know, for money that paid operating costs. And so we were not eyeballs or what, back in the day, was called vanity stats. Right. And as an investor in coming from Wall Street, you know what that
Starting point is 00:03:37 is. What was happening at that time is the venture capital of community was openly saying, listen, right now we've got a lot of.coms, they were simply called.coms at the time, and we gotta get out, and there's one or two ways to do it. One is Greater Fools Theory that another VC remarks up the valuation and comes in. The second, and so that positions it favorably. But that's just marking up your investment.
Starting point is 00:04:08 The way they got out was through IPOs. What happens at the IPOs is there would be some shares that we restricted that couldn't be sold. But in many cases, the VCs got out with the public offering. So in other words, the venture capital community knew that these comms had structural issues, but there is this, the bankers were getting banking fees, they were in favor of the IPOs. The venture capital was in favor of transferring all their risk to the public market and then
Starting point is 00:04:34 getting the return on what they had. And then maybe they had some of the, was left there. And the refrain that I heard over and over again, hey, the rules have changed. It's different business now. The rules have changed. It's different business now. The rules have changed. And I would ask, what rules, which rules have changed? Are people just gonna be buying online? So you're taking retail costs out of brick and mortar.
Starting point is 00:04:54 But the refrain back then, I remember was, the rules have changed, but I was looking at it, and I was kind of horrified, so they said, all the VCs are doing is getting out to the next round, and this time it's the public market. So now they're out. So the dot com crash, I happen to wall street after they want public, but they got out. And you know who they had air cover from?
Starting point is 00:05:15 The money that's invested by the VCs, you know, it comes from Michigan public employees. Sovereign wealth funds. There is a ton of people that put money into the VC funds that wanted to get out. So there is a whole group below the surface, you're nodding, that wanted to get out. So they were in favor, get the IPO out, get it to the public market, then the VC got a return. But more importantly, Michigan public employees got their money back. Yale, Yale Med School endowment got their money back. Major family offices got their money back. Do you see what I mean? And then the dot com crashed on the retail investor.
Starting point is 00:05:57 Yeah, y'all. The last person to hold a bag is always retail. It's called a liquidity event. The VC's got their liquidity event at the expense of the retail investing public. So that was a fraud and that's what I heard that. So other people, I wanted to amplify what Ed was saying at the beginning where he said, he's seen multiple frauds in his life. I saw that one. What is the refrain right now as we move into chapter two
Starting point is 00:06:22 or three of this pandemic in COVID. Originally it was safe and effective, get the elderly, I remember that. What is it right now? What's, is there a refrain now or is this, we're in the fallout phase? Well, we're in narrative spin control right now. So I see different narratives emerging.
Starting point is 00:06:39 One of them is, oh, yes, we were wrong, but we didn't, we were flying by the seat of our pants and we were doing the best we could. Who do you hear that from? Who's actually the Atlantic? I think the Atlantic, which is kind of the mouthpiece of the establishment, wrote an article on that recently. Talking about masks, I said, hey, N95s didn't even work.
Starting point is 00:07:02 And so, oh, so masks didn't work. If the N95 didn't work, forget about the bandana, this and all the cheap masks, nothing works. The Atlantic just put out an article recently that, yes, the experts failed miserably, but you still need to trust us. You can't make this up. There's just, these folks seem to have no self-awareness.
Starting point is 00:07:22 I just send you an article, pull that up if you can. It's like my alcoholic uncle slapping my aunt, crying in front of my cousins, and then saying, I'm really sorry I did this, but trust me, I won't happen again next week until it does. Yeah, exactly. That's the, sorry to hear about your family problems, Tom.
Starting point is 00:07:38 Yeah. By the way, so here's a, here's an article, Tom, top 25 best vaccine optional colleges in the US number one US Naval Academy. Number two is look who number two is UNC interesting. Isn't that where a lot of the data came from? I believe they did a lot of gain of function research as well.
Starting point is 00:08:01 Three. You know, yeah, you're probably gonna see all the academies. You're gonna see anapolis, you're gonna see Colorado Springs. Hills United. Yeah. You're probably going to see all the academies. You're going to see anapolis, you're going to see Colorado Springs. Hillsville College, Michigan. Marines. David St. College. Bandated in the Middle East. University of Florida. Northwest Point. Webay. What? You was there. You have F was in there. Yeah. Absolutely. Number nine is University of Florida. Keep going. No, that's a lot. I know why because University me want to do it one way, but the funder, you know, well, it's all
Starting point is 00:08:27 the census. Yeah. University of Florida is not private. Georgia tech, Georgia tech, you'll probably put a state on this. University Austin, UT, Georgia, Wisconsin, okay, Madison, there's Marshall. Ohio State, Ohio State University, optional. Okay, North Carolina State, Day, or Ohio State University optional. Okay. North Carolina State Rally, Florida State University. Yeah. There you are. I also get money from Tallahassee, by the way. Clemson, Intel, Oberlin College, government, Rhode Island, Grove City, Southern Methodist, SMU. Good for them. Purdue. Texas. Okay. Indiana. Yeah.
Starting point is 00:09:04 So there is options where they're allowing the kids and the parents to make a decision. No, Ivy League schools, huh? No, the Ivy League's are still on board. Yeah. Now, why do you think that is? Why are the Ivy League so on board with all this? I, you know, it's tribalism, I think. It's like they were all in and they're not, you know, I don't think Ivy Leagueers like to admit they're wrong. When I was on Wall Street, you know, I didn't get a Harvard MBA, but I met a lot of Harvard MBAs. A lot of them are smart good people, but a lot of them also have egos and never admit
Starting point is 00:09:34 they're wrong. Even when they're wrong, they'll say, Ed, you were right for the wrong reasons. Well, I just agree to disagree. Yeah. So, so let's transition into the next one. You won the game on Fumbles, so you didn't really win it. You didn't win it with offensive prowess. It was Fumbles.
Starting point is 00:09:49 Correct. Go to page six that 10 myths about COVID experts, if you can do that. This is a New York Post story. I'll read this theater. This was an interesting article. Number one, 10 myths told by COVID experts and now debunked. Number one, misinformation. Number one, natural immunity offers little protection compared to vaccinated immunity. A Lancet study looked at
Starting point is 00:10:15 65 major studies in 19 countries on natural immunity. The researchers concluded that natural immunity was at least as effective as the primary COVID vaccine series. Misinformation number two. Massey, can we stop right there? Yeah. Lance, that's a respected medical journal. So this is somebody stepping out of line.
Starting point is 00:10:35 Is that correct? Yes. They put out a lot of misinformation during COVID. So they're going to have to reestablish their credibility. I certainly interrupt you, Pat. But I saw this earlier in the night. It's important what you just said, though. Like, did have to reestablish their credibility. I certainly interrupt your path, but I saw this earlier in the next step. It's important what you just said, though. Like, did you hear what he said? Yeah.
Starting point is 00:10:49 They put out a lot of misinformation during COVID, so now they're trying to clean up correct some of their own misinformation that they put up. So good for them, at least we're doing it. Yeah. You know, misinformation number two, masks prevent COVID transmission. Cochrane reviews are considered the most authoritative, independent research, independent assessment of the evidence of medicine. And one published last month by a highly respected Oxford research team found that masks had no significant impact on COVID transmission. That's pretty wild to think about all the fights on planes,
Starting point is 00:11:20 you know, the discomfort. Put it on. Raise it. Cover your nose. All those, you know, issues you would have it on, raise it, cover your nose, all those, you know, issues you would have on flight. No, it ain't 95 means. No, 95% chance you get it anyway.
Starting point is 00:11:32 Tom, you're on fire today with your jokes. I mean, he's trying out to be a comedian. That's him. No, I don't have any. He spent a little too much time with Crowdy yesterday. This is what happens. And I miss information number three. And three yet, he's a coffee. He spent a little too much time with Crowley yesterday. This is what happens. Miss information number three. And three addies of coffee.
Starting point is 00:11:47 Schools closures reduce COVID transmission. The CDC ignored the European experience of keeping schools open. Most without masks mandates, transmission rates were no different evidence by studies conducted in Spain and Sweden. Okay. Number four, myocarditis, Tom, from the vaccine is less common than from the infection.
Starting point is 00:12:10 Public health officials downplayed concerns about vaccine included myocarditis or inflammation of the heart muscle. We now know that myocarditis is six to 28 times more common after COVID vaccine than after the infection among 16 to 24 year old males, which is kind of this one of the things you're talking about, right? This data here. Yep. Number five, young people benefit from a vaccine booster.
Starting point is 00:12:35 Boosters reduced hospitalizations in older high risk Americans, but the evidence was never there that they lower COVID mortality in young and healthy people. Anyway, so it did help in older and high risk Americans. That's what they're saying. Yeah. And this is a New York post article, right? Bistinformation number six. Vaccine mandates increased vaccination rates.
Starting point is 00:13:02 President Biden and other official demanded that unvaccinated workers, regardless of their risk or natural immunity, to be fired. A recent study from George Mason University details how vaccine mandates in nine major U.S. cities had no impact on vaccination rates. They also had no impact on COVID transmission rates. George Mason, for you.
Starting point is 00:13:22 Number seven, COVID originating from the Wuhan lab as a conspiracy theory. This one we're definitely going to get it to you in a minute. I'll come back to number seven. Number eight, it was important to get second vaccine dose three or four weeks after the first dose. Data were clear in the spring of 2021 just months after the vaccine rollout that spacing the vaccine out by three months reduced complication rates and increased immunity. Spacing out vaccines would have also saved more lives when Americans were rationing a limited vaccine supply at the height of the pandemic. Epidemic.
Starting point is 00:13:55 Number nine, data on bi-valent vaccine is crystal clear. Dr. Ashisha Jha famously said that despite the by-valent vaccine being approved using data from eight mice to date, there has never been a randomized controlled trial of the by-valent vaccine. I think all the mice got COVID as well. Number 10, one in five people got long COVID. Get long COVID. The CDC and prevention in the CDC claims that 20% of COVID
Starting point is 00:14:27 infections can result in long COVID. It's often normal to experience mild fatigue or weakness for weeks after being sick and inactive and not eating well. Calling these cases long COVID is the medicalization of ordinary life. I'm going to go back to seven. That was a supplemental fear. Right. You're gonna get long COVID, and if you go, I'll get it and I'll fight it off. Yeah, but you can have long COVID and have other things. So it's like the supplemental fear of people that thought they were gonna get natural immunity.
Starting point is 00:14:53 And that's the new, one of the reasons being floated for sudden death and all these excess deaths is long COVID. Interestingly, long COVID doesn't have a clinical definition yet and it explains everything and nothing all at the same time. Pat, I know you want to get to number seven, but I think even after seven, we should highlight that next article, which I think is a countability. I mean, obviously, it's all within it.
Starting point is 00:15:16 So number seven, COVID originating from the Wuhan lab is a conspiracy theory. Google admitted to suppressing searches of lab leak during the pandemic Dr. Francis Collins head of national institute of health claimed and still does he doesn't believe the virus came from a lab ultimately over one of the circumstances circumstantial evidence points to a lab leak origin the same origin suggested by Dr. Anthony Fauci by two very prominent virologists in January 2020 meeting, he assembled at the beginning of the pandemic. So you hear that and then story comes out by FBI director Ray Agnologes,
Starting point is 00:15:56 the Bureau assessment that COVID-19 likely resulted from a lab incident. This is a CNN story folks. This is not a Fox or anything else. This is a CNN story folks. This is not a Fox or anything else. This is a CNN story. Okay. So FBI director Chris R. Ragnologian Ninerary that Fox with Fox on that the FBI believed
Starting point is 00:16:14 the COVID-19 pandemic was likely the result of a lab accident in Wuhan, China stating that the origins of the pandemic are most likely a potential lab incident in Wuhan, the Department of Energy, low confidence assessment that COVID-19 most likely originated from a laboratory leak in China, underscores a divide in the US government as the majority of the intelligence community still believes that COVID either emerged naturally in the wild or there's still two little evidence to make a judgment. One way or another race stated
Starting point is 00:16:39 that the FBI has a team of experts who focus on the risk of biological threats that come into the wrong cans including a by hostile nation state and that the Chinese government has been doing its very best to try to thwart and up foos how do you pronounce that word upfascate work here so here's my question for you when you're hearing the director of FBI saying this is most likely coming from Wuhan lab when you're hearing the director of FBI saying this is most likely coming from uh... will have a point you're hearing you know uh... the department of energy uh... this cannot be steven cobert calls out the department of energy i don't if you saw that or not yeah if you got a lane i'd be out if you got the clip of steven cobert calling out
Starting point is 00:17:18 department of the energy like to do your comedian right exactly he got pissed off at john steward for john steward saying what do you mean that didn't come from like, dude, you're a comedian, right? He got pissed off at John Stewart. For John Stewart saying, what do you mean that didn't come from? You know, if you can find this clip, his reaction, he was not happy about the apartment of energy. That's also the same Steve Colbert who literally had syringe dancers doing like the same thing I ever saw. The Rockefeller, rocket tears dance. Right. Play this. Actually want to see this. We can't.
Starting point is 00:17:46 The Department of Energy released a new report saying a lab leak is the most likely origin of the COVID-19 pandemic. Well, there it is. Chinese wet markets, you're off the hook. Let's order around a pangolin poppers for the table. I love a nice plate of wet apps. Now, if you're...
Starting point is 00:18:05 If you're... Can we get some civet fingers, please? Now, if, like me, you're wondering why the Department of Energy is the one making this judgment, it's because that agency oversees a network of U.S. national laboratories, some of which conduct advanced biological research. No, no! Bad energy department.
Starting point is 00:18:26 No bio labs until you finish building your electric car charging stations. Stay in your lane. You don't see... You don't see... You don't see... You don't see the census bureau building nukes. But whatever, who might have said,
Starting point is 00:18:44 they're the energy department. I'm sure they're smart. They wouldn't release these findings unless they were absolutely confident. What's that? They made their judgment with low confidence. Yeah. You can tell by the way they delivered the news. Maybe it was a lab, like that's stupid.
Starting point is 00:19:02 Forget I said anything. I don't know. Maybe it was a lab leak. That's stupid. Forget I said anything. Now, it turns out, no matter what the Energy Department says, not everyone in the government agrees and see what the Department of Energy suspects it was a lab leak, four other agencies along with a national intelligence panel still judge that the pandemic was likely the result of a natural transmission. And the CIA remains a natural transmission. Right. And the CIA remains undecided. In fact, the CIA issued the following statement.
Starting point is 00:19:29 Which virus? No, that one wasn't us. Okay, that's wonderful. That last one's actually funny. That was funny. I agree. That was actually funny. If you can pause this, here's the question.
Starting point is 00:19:42 So can you put it to picture by the way of the vaccine dance that he's got? That one's really good. So here's a question for you. Here's the question. So can you put it to picture by the way of the vaccine dance? That one's your face. So here's here's a question for you. Here's a question for you. By the way, this is a question for all of us here. How much of it do you think they fear? Don't play this right now. What can come back to this? I mean, we've all seen this pathetic performance that they had, which was, but how much of this time? Ed, do you think it's, they fear that if they were wrong, they worry that a guy like Trump is going to come out and his entire campaign is not gonna be, let's make America great again, it's not gonna be,
Starting point is 00:20:20 I'm with her, it's not gonna be forward, it's not gonna be dream, It's not going to be dream. It's going to be told you so. Can you imagine if Trump's campaign slogan is told you so, right? Can you imagine if this guy comes on and saying, it's not about America first. It's about told you so. I told you, Russia, nothing. I told you, vaccine. I told you, I told you, I told you where they are fearing. They're fearing if a guy like that comes out, holy moly, they do not want that guy to be right. Or, or, or, is it singular to one personality, which is Trump, or is it singular to the anti-establishment
Starting point is 00:21:07 that question the narrative that's questioning the traditional education route that people are taking right now that's questioning grooming, that's questioning this censorship, that's questioning all of that, is there fear that entire community of influencers that have been calling them out that they could potentially be right, or is it singular to one personality that they fear him using this against them? Which one do you think it is? I think if you get a unified populace, because you know, there's one thing the American
Starting point is 00:21:36 voter has been unified on, on the last, was it 35 years, is that Congress only gets a 22% approval rating, right? Never mind the president's approval rating, rising and falling. Congress has been a 22% approval rating and during Trump's campaign, forget that it was Trump. The messaging drained the swamp.
Starting point is 00:21:56 Whoever you are as a candidate was very effective as American people, because it lines up with their notion, well, Congress is a, is a cesspool or a swamp, whatever you want to call it, anyway. And so if you move from drain the swamp to throw out the proven liars,
Starting point is 00:22:13 then you open up the opportunity. And I'm going to use the word here. Remember Mussolini came to power among other things with I'm just going to make the trains run on time and you can't trust anybody else It does open the door for not you know dictatorial psychopaths like Mussolini But it opens a door for a compelling personality To rise on the incredibly not just disappointed, but now angry populace
Starting point is 00:22:41 You know you had a low approval rating for years, drain the swamp, I agree with. Now you're, you're not just liars, you're proven liars, and you all got to go and open support for that personality to take that, to take that vacuum and drive it. You know, I have to ask the question, why now, what's the timing? Three years after, what many of us suspected and knew in 2020 that it was a lab leak, you didn't have too many brain cells to figure that out. Why now? What's the timing? And I think it's a distraction from what I continue to believe is most horrendous crime
Starting point is 00:23:17 ever, which is this vaccine fraud because the death and disabilities continue and they need to blame somebody and why not China and and and take the blame off of them for introducing the vaccines because the US is the one that wrote the vaccine wave and where the ones responsible for it. I unpacked that unpacked that with China. So you're thinking you're thinking they're they're sitting there saying yet let's unifying go against China They're sitting there saying, yet let's unifying go against China and say that it was their fault. And to hope that we win the election again,
Starting point is 00:23:53 if you do that, you're only like, okay, so if, you know how, let's just say a president prior to you had these 10 policies he chose to drive, okay? He's a one- turn president, you win. You say, we're gonna stop that with this thing and we're gonna say that was a bad idea. Three years later, out of the 10 things, you canceled nine of them,
Starting point is 00:24:17 now you bring back nine of them. Guess what the other side's gonna say? This is the opening remarks on my first speech. When I was president, I pitched these 10 things. You guys said you didn't want me. You wanted a guy named Joe. No problem. You got him.
Starting point is 00:24:33 He turned off my nine ideas on what I said. But three years later, every one of the things he canceled, he realized we're the right moves. He brought a backup. So all along, you really just wanted me. That's going to be the campaign. So I don't think that can be the case because that just speaks into Trump's narrative. I think that they may have to speak it speaking to Trump's narrative because the deep state and the people involved in all this.
Starting point is 00:24:56 I mean, this is the most horrendous thing that's ever happened in our country. The numbers are stark. I've never even talked about the disabilities. The deaths are bad, but the disabilities are affecting the economy, for sure. What do you mean by a rob? Are you going to ask something or say something? It just, it seems odd, the timing of everything that's going on between Russia, China aligning together, and now all of a sudden we've had this big push in the United States to back Ukraine. And now all of a sudden after three years are coming out and saying, well, it was China. It was China. China did this. Well, could it be that they're trying to align and gather citizens of the United States to look at China and go, well, look what China did.
Starting point is 00:25:32 Now China is allowing themselves with Russia. Now we're going to throw our full support behind Ukraine, almost to unite us, much like after 9-11. 9-11 happened. Patriot Act happens. We go into Iraq and Afghanistan and all of a sudden there was this sense of patriotism. We haven't had that sense of patriotism in this country since 2015, 2014, and now all of a sudden, hey, we have a common enemy.
Starting point is 00:25:55 Could that common enemy be China because China may be aligning themselves with Russia? Well, China, so that's a good point by the way. No, I agree with that. Look, China, conflict with China and Russia right now it's done through proxy with the Ukraine. We're not currently involved kinetically with China and Russia, but I'm predicting that unfortunately that's going to come to a head in the next couple of years if not sooner. Primarily because we have a sovereign debt crisis, you know, that's unfolding.
Starting point is 00:26:26 The monetary system, as we know, is kind of unraveling. And also, we have this vaccine crime. So wouldn't it be nice to wipe both issues off the face of the map with war? I think war is inevitable. I hate to say it, but I think that's where we're headed. Oh, that part I agree, because what historically, what happens when America's been in war, they typically re-elect that president. Yeah.
Starting point is 00:26:47 Because they don't want a disruption. That's just studies have shown, right? If we're in war, the same president gets re-elected. So there's many different cards you can use for re-election. That's definitely one of them. And we're definitely ahead in that direction. How bad and ugly it's going to be nobody knows. Some are even saying we're already in war.
Starting point is 00:27:05 We're just using the country that, proxy war, that we're using Ukraine as a way of going against Russia. But for me, this is all playing into the hands of one guy. It's all playing into the hands of one guy. You can love the guy, you can hate the guy. I don't care. If he is wanting to have a campaign and name the slogan anything he can name it told you so It's a campaign called I told you so by the way if the campaign made a shirt called I told you so with his face on it
Starting point is 00:27:40 It would sell millions. I'm telling you right now, if Trump's campaign, if they sold a shirt right now, it would be the new MAGA. It wouldn't, you know how the MAGA had blew up and it was all over the place? All he needs to do is add a new product to it called, I told you so, by the way, even check to see if they have that product already or not. Type in Trump, I told you so shirt and see if it's on their website.
Starting point is 00:28:05 Have you seen the meme? I identify as a conspiracy. There you go. Yeah, they need to make that as their, what website is that, by the way? Is that them selling it? That's Amazon. No, no, they need to sell it.
Starting point is 00:28:19 They need to sell it. They need to sell a merge called, I told you so, and I think that would sell so well, if they keep going this direction. This is why if I'm a democratic strategist, I'm like, listen guys, here's what you have to realize. If you keep going the direction, you're going to trash China,
Starting point is 00:28:37 you're probably not gonna get reelected. Because all they're gonna say is we were right all along. You have to take a different page to show Trump was wrong. They can't show Trump being right. And too many of the decisions they're making right now, they're showing Trump was right. You strategically, that's a dumb move they're making. It's just my opinion, I'm not a political strategist. Just somebody thinking about it, I don't think that's the right move they're making. So, okay, let's go to the next one. Let's go to the next one. By the way, before I go into the next one with
Starting point is 00:29:07 the BBC story about the cover-up text messages that leaked, what stats did you want to share about the disabilities? That's important. Yeah, the disability data is pretty stark. So, since the introduction to vaccines, disabilities have taken off nationwide. I'm using US Bureau Labor Statistics.
Starting point is 00:29:23 So, prior to COVID COVID for the prior five years We had about 29 to 30 million disabled Americans just bouncing up and down around February of 21 it took off and it went up into the right Concurrent with the vaccine uptake we do statistical analysis like a point nine our squared fit that's geek speak for There's there's some correlation there. Now they'll say correlation's not causation, whatever. But since the introduction of the vaccines, we went to a high of 33.2 million disabled folks
Starting point is 00:29:56 in September of 22. So again, I told you 29 and 30 million was the average prior five years. So we added 3.2 million in about 18 months. When you break down the data of the 3.2, 1.7 million is employed. So the employer having a tough time, excessive death and disability.
Starting point is 00:30:17 What are the disabilities that are? It doesn't, it's just, it's a one in a zero. They don't get into the granular. It's just raw numbers. So I'm saying there's a a zero. They don't get into the granular. It's just, it's just raw numbers. So I'm saying there's a signal here. I don't need to go any further than that. That's a big number. It's 10% increase overall.
Starting point is 00:30:32 The rate of change in growth was a three sigma event, three standard deviation, happens 0.03% of the time, 0.03% of the time, not 0.3%. You said a 10% change, but I'm looking here at 3.1% to almost 4.1%. So that's like one over 3.1%, that's 33%. Well, I was about to get into that. So for the employed, their disability rate went up 31%. The general US population's disability rate went up 9%.
Starting point is 00:31:03 Then not in labor force, those who quit or get fired who could have been in the labor force, their disability rate went up 9%, then not in labor force. Those who quit or get fired who could have been in the labor force, their disability rate went up 4%. So whatever is going on, I think it's the vaccine. Something is happening to the employed people over a country. They're dying excessively and they're getting disabled faster. So when I went before Senator Johnson in December, I said, we have a national security issue here.
Starting point is 00:31:24 And if you don't believe me, it's the vaccine, then what is it, why aren't we talking about it? Because the employed of our country are dying faster than everybody else and getting disabled faster. And when you break it up between employed men and women, women are getting smoked. Women's disability rate increases 39% men 19.
Starting point is 00:31:43 Why is that? Whatever, this Dr. Naomi Wolf has done some analysis of the clinical trials at Pfizer and the incidence of adverse events affected women. They saw about 70% of the adverse events were women. That fits with the data from the US Bureau Labor Statistics. Again, two different studies showing the same thing. Someone just put out a piece today,
Starting point is 00:32:09 I retweeted it, I forget her name, but she basically said that whatever's going on is affecting, whatever's going on is affecting women. And it has something to do with the menstrual cycle, despite protein, it's a disaster. It's interesting, a 33% increase in the disability rate here, and also you gave us some numbers on mortality excess death rates that were also 33 to 50% up. So it's kind of interesting that these two families of stats being disabled or dying or both up excess that was excess death rate correct. Yeah. Both up 33% and
Starting point is 00:32:48 both up starting third quarter 2020. Yeah. What do you think? I'm it's they're they're rising at the same time. So whether you're disabled or you die that it it's very, very nervous that both of those stats are going up 33% over that time consistent with people getting the vaccine. So disability rates up 33% starting third quarter of 2020. You know, excess death rates up 33 to 50% depending on the cohort you're talking about
Starting point is 00:33:24 starting third quarter of 2020 going forward So it says it once the vaccines introduced they're cool started February 21 Right, well, I was going back guess February 21. I was going back to end of 2021 that oh, yes Yeah, yeah, the big ramp of Engines apps happen because supply caught up, and there is mass-facts actually underway. Yeah. Pretty disturbing data.
Starting point is 00:33:50 Yeah, yeah, look, so 1.7 million unemployed people is 1.7% of the workforce, it's about 100 million employed in the US. So if you're wondering why there's a labor shortage, part of the reason is due to disability, and people just quietly just disappearing from the workforce. Some people are actually working with disabilities and that's another issue. So this leads me to the Reuters article. Fact check, video claim in COVID-19 vaccine left, 13,627 dead and 17,794 disabled, is sourced from an unverified VA ERS data.
Starting point is 00:34:26 This is a Reuters article if you want to go to that right there. Video being shared online that's gone viral, advanced event systems, US vaccine events and reporting systems which reported not to prove casualty. If you can go a little lower, video reconciled comments are saying not doing it. These numbers are based on reports, not actual reverse events. And that's confirmed by center disease control as shown. VA, ERS, welcome health care providers, vaccine, public returns, all you warns at the data on the side, make contain information that is incomplete, inaccurate, coincidental and unverved. Why are they so worried about just investigating this.
Starting point is 00:35:06 All you have to do is a journal is from the left here, let's look at this data. According to the CDC guidance listed on his page, reporting adverse events from COVID-19 vaccines here, there has been 6,968 reports of death recorded from December 14 to August 23, 2021, among people who receive the COVID-19 vaccine. It is important to note that the FDA requires healthcare providers to report any death after COVID-19 vaccination to VA ERS, even if it's unclear whether the vaccine was
Starting point is 00:35:36 the cause. Reuters has debunked similar claims that VA ERS had data as implied, casualty here and here. Okay, keep going, Laura. What is there worry about this? So VAERS normally would have sent us, in February of 2021, the doctors, the frontline doctors said that this product should have been pulled because we had a death signal from VAERS, but it's been ignored. VAERS is the vaccine injury database. And in 1976 when we had the death signal from VAERS. But it's been ignored. VAERS is the vaccine injury database.
Starting point is 00:36:06 And in 1976 when we had the swine flu, they pulled that after 25 deaths and VAERS is over 17,000 now. So I don't, you know, this is the most bizarre thing I've ever seen in my life. The fact that this is continuing, I mean, the mere fact I'm on the scene here is a problem. Why is a guy from Wall Street having to do this?
Starting point is 00:36:25 This should have ended in the early days of the vaccination. Can you repeat what you just said about swine food? You went really quick over that. I want to make sure people hear what you just said. Yeah, so in 1976, there was a swine flu vaccine that was created. And there was a big push by the president, a lot of celebrities. Sound similar. 25 deaths, and they pulled it.
Starting point is 00:36:46 Told the vaccine off market, off market, ended the program. So apparently life's gotten a lot cheaper in the last 40 years. And again, if you talk to some of the doctors that have been censored and maligned and smeared, they will tell you there was a safety signal in VAERS and if everything was operating properly like it was in the 70s, this would have ended in March of 2021, they would have pulled a damn thing. But here we are
Starting point is 00:37:13 today, you got me, the fact that I'm on the scene is sad because there's enough ones and zeros that I can count them. And I shouldn't be here. I should not be a public figure. I should be on Maui, on the beach, relaxing. And here I am, because no one else seems to do it. Well, on behalf of Fauci, we'd like to apologize for you not having enough time on the beach. You know, but let's go to the story that you have from BBC or radar online.
Starting point is 00:37:41 I'll just read this to you. COVID cover up leaked text messages. Show British health minister suggesting to deploy new virus variant to frighten the pants off everyone. How in the hell is this leaked? What's that messages has revealed that mad handcok, the former secretary of state for health and Britain attempted to frighten the public into compliance with COVID-19 restrictions.
Starting point is 00:38:05 The Sunday telegraph obtained the messages in which Hancock appeared to suggest to a top aid went to reveal the existence of Kent variant of COVID to ensure people comply with new lockdown rules. In another conversation, Simon Kase, the head of Britain Civil Service, emphasized the importance of fear-gilt factor in the government's messaging these messages are part of over a hundred thousand leaked by a journalist isabel okip uh ok shot who defended their release as being in an overwhelming public interest the leaks have raised questions about the handling of the pandemic of the uk and other countries around the world what are your thoughts on this year uh this is a bombshell. I mean, this is unbelievable. This is, this is, so what's going on right now,
Starting point is 00:38:49 and you guys are probably noticing, the information is coming fast and furious. Like, there's leaks, there's things, it seems like there's an mass awakening going on. This is just unbelievable. And I saw one of the, I don't know if you just read it, but the one about, you know, I just got Tedros' chips. He talked about chipping people, his chip vaccine.
Starting point is 00:39:09 I'm not sure there's a chip in there, but he said it in one of the leaked messages, not on this one, but it's, this is unbelievable. This is, this is the kind of thing that's... Let's read this mad handcock. We frighten the pants off everyone with new strain, but the complication with that Brexit is taking the top line. Yep, that's what we'll get proper behavior change. When do we deploy the new variant? Been thinking
Starting point is 00:39:34 about that, about this, and think we need to move, be more cautious, the strain that is. Think you made the point earlier, but we need to keep schools off paper or agenda. Yes, we're doing a bit about not not taking the top, I think, big risk with the variant right wing papers. Go for renewed push for, let it rip on the basis. The vaccine strategy is undermined. Go a little higher. I can't see it wrap. That's why we reassure on the vaccine. Yeah, I saw that a couple of days ago and the new leak is him talking about pushing the chip, meaning the vaccine. Can you find a new leak of the chip type in chip, go to the top and type in, yeah, there
Starting point is 00:40:17 you go. Anything comes up on what are you talking about public health? He's talking about crowd control and changing behavior and controlling. We still have no more. Correct, of course, but there was a reference to a chip which people are going crazy with. Again, this is just pretty unbelievable. This is about control, this is about power,
Starting point is 00:40:38 this is about changing behaviors, had nothing to do with public health at all. Who? What's the outcome? What are you doing this for? So, here's the part. I don't care if you're left, right, middle. Like, the left doesn't benefit from this.
Starting point is 00:40:52 This isn't like, hey, all the Democrats unified to go up against and use this to control the behavior. You really think like, John F. Kennedy, Bill Clinton, Democrats want this? Like, this is not a Democrat Republican independent. This is not good for anybody. It's tyranny.
Starting point is 00:41:10 It's power. Who would want this still? Who would want this? You want to hear my personal opinion? You're going to know the, you know, the Klaus Schwab, New World Order, World Economic, is that kind of what are you going to do? No, no, no.
Starting point is 00:41:21 Those guys seem to be fall guys at some point. They're clowns. Their caricature is a bond. You think Laoshoi was a clown? He's not as strong as people think you. No, I'll tell you what I think. This is a personal opinion, and I didn't put it in my book because it doesn't lend to the fact
Starting point is 00:41:35 that we just got dead people and disabled people. But I think that prior to 2020, those of us in the financial community were looking for the end of the everything bubble, sovereign debt crisis. So, you know, you moved from bank fraud, and then 12 years later, it's gonna be sovereign debt fraud at some point.
Starting point is 00:41:52 And that, we were looking for sovereign bond debt collapse. And wouldn't it be nice to have a control system to manage riots, bank runs, and all sorts of things? I think there was a agenda that was driven, that's why there was such global messaging in Unison. It was about the financial system collapsing. You need a control system in place, and the vaccine passports are gonna lead
Starting point is 00:42:12 to the digital ID, to the central bank digital currency. That's ultimately where you wanna go. I think this is driven by politicians and central bankers. That's my personal opinion. I have no proof, but it makes the most sense to me. You need a control system in place before everything collapses.
Starting point is 00:42:26 You don't put big pharma on the house. Big pharma is a beneficiary of that and they slap together and a tool. And a tool. Here we go, no promises, but I'm trying to land a Bill Gates endorsement of the platform, who is Damon Poole by the way. Tell him that considering how many people I'm getting his chips injecting into, he owes me one. What? There you go.
Starting point is 00:42:48 What? Now you see what? Yeah, that's crazy. Yeah. So you know what's interesting? I'm on your page because I believe. Who is this guy Damon Poole though? Sorry, go back to this article.
Starting point is 00:43:02 Zubat, let me read this here. Is this, this is MSNBC? This is MSN. This is not Fox or bright. Well, this is MSN. These are real mad handcock cracks joke about Bill Gates COVID conspiracy. Melisky jokes. The jokes that he owes me one is a bunch of the then health secretary was hoping to get Microsoft billionaire gates help in promising an offer to of UK expert to promote UK expertise in an identifying Equal coronavirus variants when he made the chip in January 2020 at the time the internet was a wash With crackpot claims that the vaccination program was being used as a means of control in the world's population by implanting my a micro scopic
Starting point is 00:43:40 Chips into people's arms some of them suggested the evil genius behind the plot of mr. Gait so was once Chips into people's arms some of them suggested the evil genius behind the plot of mr. Gaitzer was once The world's richest man on January 25 2021 Damon pull mr. Hancock's media advisor send him a WhatsApp message asking him if you had spoken to Ted Rose The director general of the World Health Organization about the new variant assessment Platform which offered other countries UK expertise to detect and assess new variants around the world Okay, many of the conspiracy theories about the COVID vaccine were said to have been spread on the internet by pro-cremlin outlets, pro-cremlin outlets.
Starting point is 00:44:12 Of course, they included a suggestion that Mr. Gates wanted to implant tracking devices inside every human through mass vaccination and that microchips containing vaccines would allow Microsoft to control the entire world population, the European Union even issued a lengthy advice on how to persuade people that the microchips containing vaccines would allow Microsoft to control the entire world population. The European Union even issued a lengthy advice on how to persuade people that the microchip plot was fiction.
Starting point is 00:44:30 Another popular conspiracy theory said to have been spread by Russia was that Oxford University jab was a monkey vaccine that not only contravened animal rights, but would also turn people into monkeys, mystery gates, did not end event indoors and VIP. What? rights, but would also turn people into monkeys, Mr. Gates did not end the event indoors and VAP. What? You know, I don't know anything about it, Chip, but this is disturbing.
Starting point is 00:44:51 It's just disturbing that he's saying this back then. Well, here's what I like. What I like about this is that MSNBC, you know, a BBC is being forced to have to show this. Correct. The only reason they're showing this is probably because this was emailed to everybody, these pictures, and said,
Starting point is 00:45:15 you best show it or else. So if others do and you don't, you're gonna look like a clown if these things are being shown. And of course they're putting their spin on it, which is what they do. That's told, by the way, I honestly don't care, you add your spin on it. It's totally fine.
Starting point is 00:45:29 That's what we all do. We add our own opinion to it. Here's what I think is really going on. You may be wrong, I may be wrong, they may be wrong. But the fact that you're talking about it, the audience has to, the populace has to go Google and do their own research and say, holy shit, this is not fake, this is real.
Starting point is 00:45:45 Great. Then there's, then starts the conversation. Yeah, was he making a joke or was it, you know, who knows? But the fact that conspiracy theorists said this three years ago, now it's popping up. And this is progress, if you ask me, by the way. I see this as progress. Yeah, information in the public can is progress. I completely agree. So, something that you talked about,
Starting point is 00:46:07 and I believe for a long time that what happened in Greece 11 years ago. Oh, I remember that vividly. And I know, and I'm connecting the dots here because it goes right to France six weeks ago, where they said three things, the government is broke. So therefore, you have to work longer until you retire because we're broke. We don't have anything to give you. And by the way, I think called the austerity program in Greek, there's a Greek word for it in English
Starting point is 00:46:35 Translate austerity. You will be getting less government benefits, translation, less social security in Medicare. They have a socialized medicine there, but there's certain rationing of things unless you're walking with a compound fracture or your leg, of course, they'll take care of you. So those three things flipped out grease, and you had a barbell shaped prop test, meaning there is something on both ends. You had older workers walking in the street saying,
Starting point is 00:47:03 I worked on my life, and I'm gonna get less and I can't retire for five more years. And then on the low end, you had the non-college educated youth that were saying, hey, I want my lifetime job at the post office on the government dole. I'm not gonna get that because my grandpa has to work five more years. So where's my free government job?
Starting point is 00:47:23 You see? And then there was the riots and the younger side took over and they were burning the cars. So it started out of that. That was 11 years ago. What just happened in France is eerily similar, except it was that you didn't have the kind of, there's like 11 days of riots and fires and things that were there in Greece. But it's same thing happened. You have to work longer. Our spreadsheet is constrained. Our government spreadsheet and you're gonna have less benefits when you get there.
Starting point is 00:47:54 All of those things are connected to sovereign debt problems. Yeah. And so what happens is there's only two ways out of this. And this is not Tom speaking. Look it up to all the research you want. Way number one, actually way a, not in any order, is to inflate your way out through a dramatic level of multi-ear crisis. Because then the government debt is paid off with cheaper money and they inflate their way out crushing the citizenry. The second way out is the Jubilee or what's also known as Grand Resets,
Starting point is 00:48:26 which are negotiated settlements and currency wipeouts at the end of global war, defaults. Basically, yeah. Which is easy to administer at the end of the war. You lost, whoever you are, I won your currency as wiped out, along with the debt. We reset and away we go. There's only two ways. And sometimes the first one is called a Jubilee. We'll declare the year of Jubilee and we will reset the currencies because we've subtled the conflict.
Starting point is 00:48:53 Grid news, we all go into the future. And that's, and I happen to agree with you. I think there's, when all of these, when all of the chickens come home to roost on this one, they need something to cover. There needs to be a triggering mechanism. There needs to be an excuse. The only narrative that can deliver inflation sustained for long enough to monetize the debt
Starting point is 00:49:19 to get out of this other than default is war. That's the only narrative that the public could rally around. And if they were propagandized properly and believed in the righteousness of whatever we're doing, but that's the only narrative. Yeah, that's what I was referencing as the negotiated settlement to a war. Oh, well, what happened to Canada's currency? It was a war. We had to figure this out, and this is what we're doing. Yeah. And then the citizen goes, okay, I guess we have to do that. Yeah. look, the bottom line is 99% of the globe doesn't know this, but the social contract has been broken.
Starting point is 00:49:51 Most of the governments are broke. They can't pay out all the benefits, the pensions, especially Europe. Europe is the euro, as we know, it's not a question of if, but when it dissolves. And Southern Europe is basically Germany's floating, floating everybody else's free party down in Southern Europe with a demographic problem. How long is that sustainable for, though?
Starting point is 00:50:11 You know, if that's the $1,000 question, because then you can make a lot of money, but so timing's always a lot more than a thousand bucks. You know, you can make some of that. Room money. Yeah. And by the way, over 27, 27 months, I think if you look it up, that was where the mass of George Soros' wealth was created, was in currency hedging over a 27 month period. Isn't that correct? Yeah. Yes.
Starting point is 00:50:35 What, recently? No, no, no, no. Wait back. Oh yeah, he broke the pound. Yeah, that's how he made it. And the money he made was ridiculous. Yeah, what you just said is you know, you can make all out of money if you know when, and going back in history, that's how he made it. And the money he made was ridiculous. Yeah, what you just said is you know, you can make a lot of money if you know when
Starting point is 00:50:47 and going back in history, that's where he made it. That's where he did it. That's where he made it. That made him who he is today. That was his big. And you know, he did, I suspect he did that with insight info basically, being friendly with all the people inside.
Starting point is 00:51:00 And by the way, it's funny because another story came out about CNNX boss Jeff Zucker told staff not to probe Lab leak theory because it was Trump talking point again He's talking like a strategist. I agree with him for Democrats. It's good to not to do that, right? Because he's talking like a democratic Strategies. He's not talking like a seal of immediate company correct to seal the media company He needs to go out there and tell the stories so people keep watching your show and watching your content. Versus, we don't trust you anymore. Now they're in the gutter with views. But let's talk about the market
Starting point is 00:51:34 place right now. Tom, you saw some data on data that came out with mortgage as today, with home prices today. You mind getting into that? Yeah, there was a roundup article that was in the, what I mean by roundup? In the Wall Street Journal today, they were talking about housing market momentum stalls as critical spring season approaches. And what they rounded up into this, correct, was quantitative look at all the elements that are there right now. For instance, interest rates that had started going down in November have now picked back up to 6.65.
Starting point is 00:52:03 And some of that, the bonds that determine mortgage interest rates are already expecting at least a quarter point in about a week, 16th, 17th, the Fed goes out. Yeah, I think so. Along with, and that's also a day where they announce all the economic stats. I think this is a stats release as well. And mortgage applications right now,
Starting point is 00:52:25 the lowest it's ever been in how long? Well, and mortgage applications right now. The lowest it's ever been in, how long? Wanna take a guess? How many years? Mortgage applications, lowest that they've been in 28 years. Holy shit. Right now. And according to this article. Yep. And the article is just pulling out.
Starting point is 00:52:41 What the journal is doing is they pulled together all this stuff in one place. And they said, you know, you've got supply, the new listings are down, another 20% year over year, and you've got March to June, what they're worried about here, is the stock market looks for all of the mortgage industry to have a really good second quarter because March to June, it's sort of like if you think of Black Friday for electronics and Q4 is really good for electronics and TVs and phones and all that. Second quarter is always historically just a party if you're in the mortgage industry because
Starting point is 00:53:16 40% of the transactions of houses happen right before schools out and right at schools out. April to June. And the journal is pointing out that, that's off another 40%. And the supply, it says, is stable, but it's sitting because there are experts in there that said in 17 years, over the last 17 years, the buying consumer has never been
Starting point is 00:53:43 this demonstrably rate sensitive. That happened as a result of how many years of 2 to 3% mortgages, and they're getting their heads around, well it's up three times, when does it go back down? Because from most of them, they're buying lifetime, they've had this artificial 2 and a half, 3% interest rate. And so this article today in the journal, just really, I was surprised to see the journal put it all together, all the stats, no suppositions, no spin, and just saying, hey, we're about to have
Starting point is 00:54:14 a not fun march to be April to June, which is normally party time in housing. And you know who is winning today? Wall Street Journal is winning today. I gotta tell you, if there is a paper I read every day for the last year now, it's Wall Street Journal. They're telling the story from a very independent standpoint.
Starting point is 00:54:36 There is not a, like you almost don't feel opinion and hate and anger. It's just, here's what's going on. Here's what you gotta look at. This's what's going on, here's what you gotta look at, this is what's going on in history. It is, if you're going to trust specifically, I'm, they've always had a very good reputation, but specifically right now, people don't trust anybody,
Starting point is 00:54:53 like where do I go to read? They're crushing it right now. Yeah, this is not a story that's led with CEO of Remax says it's gonna be fine, just give me a minute. You know, you don't have any, that you know I'm saying, sort of industry puff pieces. No, there's nothing. And I was, I looked at it and that's what we've been saying
Starting point is 00:55:11 that the, everybody thinking that five and a quarter is going to be the top end for the Fed rate is wrong. Larry Summers over the weekend was actually openly campaigning and telling the Fed, you're behind the curve on this one, you need to put a half a point on the next rate increase, and then two more quarters, you're behind the curve. In other words, he's saying, Jay Powell,
Starting point is 00:55:33 you need to do more on the interest rate to get inflation at a control than you're doing right now. And when you went to quarter points and fourth quarter, you actually allowed inflation a chance to reheat a little bit. Now, whether that's all comes to pass, but it was kind of a dark weekend, because it certainly doesn't look like rates
Starting point is 00:55:54 are gonna be coming down now before, you know, third quarter, and that's what everybody's saying. Even the bulls and the bears are all in agreement. If he raises them a half now, he's probably raising a quarter quarter on the next two meetings. We're suddenly at 575, the Fed rate, and housing is not going to bounce back until we get three drops. Now that's looking like September, November, earliest. So it may be a 24 recovery on housing market, or shall we say statistical relief so that the market can recover as people put their houses on the market or go by
Starting point is 00:56:28 something rather than a second half of twenty three and how i does this go right because the fed fund rate right now it right now is four and a half give or take and then i think the historical long-term averages four point six and then you know what you repeating history is being a student of history i'm always shocked to find out that in the 80s that mortgage rates were double digits.
Starting point is 00:56:50 Yeah. 12%, 15%, 20%, what, like those are credit card numbers of what you used to get a mortgage for. It's insane to me. What was your first year you bought a house, by the way? The first year I bought a house was I was 26 26 and I think I got a 7% mortgage. And what year was that?
Starting point is 00:57:11 So 26, 26, 26, so it was 88. Yeah, yeah, yeah. It was 88. And that's that would have been a great rate in the late 80s, 7 and a half per cent. And by the way, I remember talking to the guy that was doing my mortgage and feeling like I just locked in on a little dip He just hooked you up and right now. I mean mortgage rates are six and a half percent I'm just saying like as someone that is you know
Starting point is 00:57:32 Like to keep their money in cash and invest and rent and kind of invest the difference I don't even know when a good time to even think about buying right now is six and a half the bottom or are we gonna Are we trending towards double digits? That's insane to me. And that's what the journal is talking about is that there's experts out there that are saying, they're saying objectively, objectively, not opinion.
Starting point is 00:57:54 Buyers in their mid-30s right now have never seen interest rates like that. And these are the most rate-sensitive buyers that they've ever seen. Yeah, if you're a millennial and you're looking to buy a house, you're all you're used to is zero, one, two, three, four, like in all of a sudden it's six, seven. By the way, Uncle Adam talks to his friend Tom about 6.6%
Starting point is 00:58:16 by the way, I don't remember that. This is where we need to stay. I know this is not popular, but this is where we need to stay. Yeah, we keep talking about how much fake money was made 128 economic expansion, COVID doesn't come, that could have gone another euro too. Could have been 150 months. You know, you take COVID out, it's 150 months.
Starting point is 00:58:36 You keep in rates as whatever it was, and people are just funding everything. This is where it needs to stay for a minute. Okay, the problem is gonna happen, Tom, is let's just say inflation does drop to 2%. There's like, okay, guess what? Let's start lowering it again. No, no, no.
Starting point is 00:58:51 Pump the brakes. If you really wanted to start breathing a little bit, you gotta get off of steroids and growth hormone for a couple of years. Okay, we've been on it for way too long. So that part, no one's gonna know who's gonna replace Jerome Powell. Who the hell is gonna replace?
Starting point is 00:59:06 You know how last time we're having a conversation with Crowder and the question was, so Susan stepped down, right? And we're like, well, you know what the great story, Susan, from you to, No, that's Susan Wajaski. You're Wajaski from YouTube, just stepped down and because she did this, this, this, this, wrong.
Starting point is 00:59:21 Well, the person that replaced her, worse, is worse, is what the fear is. It's like, hey, Jack wrong. Well, the person that replaced her worse is worse, is what the fear is like, Hey, Jack Dorsey's stepping out. About time, Jack Dorsey steps down from Twitter. No, bro, you want to jack Dorsey to stay? The guy that replaced him is worse. So as much as people are, you know, giving a power, a hard time that he's pounding people on upstairs. And I know you always talk about his bedroom activity. This is an inside joke for Tom. Tom's got very interesting jokes. It's in Sijja, we wrote a friend's. I refer to the Academy of Support cheerleader up in her bedroom and the drum pile is going
Starting point is 00:59:53 to keep pounding that cheerleader till her parents come home and parents coming home is two percent interest rates. But the new CEO of YouTube is Neil Mohan. And you're saying that he's supposed to be that. I'm not saying. They are saying. The question is sometimes you have to worry who's like, for example, okay, we gotta get rid of Putin.
Starting point is 01:00:17 Who's replacing him? Yeah, right. We gotta get rid of, okay, who's replacing him? So that is just as much of a concern as it is. At least you have enough data to know how this person's going to be. Right. The markets don't like uncertainty.
Starting point is 01:00:32 So just put the guy in until this phase is over because you switch mid game. People were like, I got to figure out the new guy. I actually think Powell's doing an okay job. I was just going to ask, I don't know if I'm going to sit you in and rate his power as the goat or he's doing. I agree. I actually think Powell's doing an okay. I was just gonna ask I don't know if I'm gonna sit you rate his house the goat or he's doing I agree I actually think he is if you look at him compared to some of the other guys I think he's actually doing an okay job is doing way better than grandma
Starting point is 01:00:54 Then Janet yelling. Yes. Yeah, I mean that's not But but yeah, so here's a question for you. Have you ever had any interactions with Michael Burry? Have you ever done anything? No, no. Why is he so low-key? He's on Twitter one day, he shuts it down, comes back again, tweets, closes it again, doesn't do interviews, doesn't talk to people, strong insight, very interesting. He's been right one too many times. What do you know about Michael Burry? Well, so after the housing crisis, he made a speech, excoriating Congress saying that they all knew this was coming. It's all their fault. Then he started being investigated by the feds and tax and IRS. So ever since that experience after the housing crisis, I don't think he is one to be
Starting point is 01:01:44 on the public stage. But he is, he is one to be on the public stage, but he is, he knows what's going on with the COVID vaccines because he's intimated that he's investing in some of these plays on that and stock individual basis, like buying blood thinning companies and shorting other companies. So he's already playing the COVID vaccine stuff.
Starting point is 01:02:03 He, to me, he's a very interesting guy to watch closely. I see him as a stud. I think he's got courage. I think he's tough. But I hope, I wish he was a little bit more vocal. Yeah, I think it'd be great if he came out and gave his thesis on what's going on with COVID vaccine. Dude, I would love nothing more than to have
Starting point is 01:02:24 a two hour conversation with this guy. Just to sit down and say Michael, what do we expect than what's going on with COVID vaccine. Dude, I would love nothing more than to have a two hour conversation with this guy. Just to sit down and say, Michael, what do we expect than what's going on? And by the way, I also think he's a crusade guy, meaning, I think he's a true believer. I don't think it's just about money for him. I don't think he's just like, hey, he wants to get rich
Starting point is 01:02:37 and go party in Thailand and do whatever, some of these guys, I think that's a guy that really cares about what's going on He has concerns. He has good insight. I think it needs to be more vocal So if you know Michael Burry if anybody knows Michael Burry your friend of his or your close colleague of his Kind of let him know I'd like to talk I'm trying to say you know, I really like him. I love him to make a Contra COVID ETF and that way he'd have to go out with investment letters because I love him to make a Contra COVID ETF.
Starting point is 01:03:05 And that way he'd have to go out with investment letters because I'd love to read those. Yeah. Okay, well, this has been a fun podcast. We've had a couple of things before we wrap up here. One time you launched your show yesterday on your own channel, BizDoc. We're very excited about it.
Starting point is 01:03:20 It was phenomenal. Can you tell the audience what to expect with your show before we wrap it up with the book here? Yeah, the Business Art Podcast. I've brought to you by Value Tamement. Thank you very much, Pat. Every Monday, 11.30 Eastern, 8.30 Pacific, it's an hour, stats, stories, and what it means for you.
Starting point is 01:03:40 I like to find the story behind the story and talk about what it means for the Value Tamement payment listener, entrepreneurs, leaders, people trying to make a mark owning their own company, working for people in that, and to give you something to start the week with and the news you can use. I love it. So Monday at 11.30. Eastern 8.30 Pacific. So before lunch on the East Coast, right as you get to work on the West Coast live on YouTube
Starting point is 01:04:05 and then syndicated to all the places that the Value Team at Podcasts are syndicated to our partner. For those who are Spotify and others. For those of you who love Tom Tune in, we are doing one more podcast this week tomorrow. I believe it's at four o'clock or three. Three o'clock.
Starting point is 01:04:20 Three o'clock Eastern Standard Time. We will have home team only. We've got a lot of things that we have to talk about that we haven't done for a week or so and then we will not be doing any other podcasts for the rest of the week. We did announce yesterday on Stephen Crowder's podcast. I want to tell you guys again, we're gonna launch ticket sales for the April 7th live. We're gonna do it this time at night because we ran a survey and a lot of you guys want this live podcast at the studio to be nighttime. Not morning time. We're doing it Friday night at seven to nine on April 7th.
Starting point is 01:04:53 We may have some guests. We're not going to disclose it until you show up and we see who it is. The last time we did this, we saw that within a couple hours. Text the word podcast to the number 310-340-1132. Again, text the word podcast to 310-340-1132. The moment we have tickets for sale, you'll be there. Some of you guys VIP, you had a chance to go to the cigar launch, had an hour conversation with a bunch of different guys about what's going on. It was a phenomenal time.
Starting point is 01:05:23 We'll love to see and meet many of you guys who weren't there on the first one that we had. And last but not least, Rob, let's put the link below to cause unknown, highly recommend everybody go get a copy for themselves, look through the data, look through the articles, look through what he has in here and question it. Why is this taking place? It's simply to question and get in and find
Starting point is 01:05:45 from there, have conversations with and people in your community. Talk amongst each other, talk to your family, talk to your relatives, talk to your coworkers. What do you think about this? What are your thoughts about this? Have you seen this year? But start by ordering the book,
Starting point is 01:05:58 cause unknown, Rob, let's make sure that's below as well. Ed, appreciate you for coming out here from Maui. I know you would much rather have the lifestyle in Florida than the one in Maui. I love the weather here. It's awesome. It's, if we love it here, I mean, I've been to Maui one too many times and I love it there as well. We went there one time years ago and we walked on a volcano, active volcano, would lava coming down. And we have to get up at four o'clock in the morning to make it to the other session
Starting point is 01:06:29 so we can walk before the ranger shows up. And they told us, all the signs, if it all of a sudden starts raining, if you smell this weird smell, and if the things you're walking on is about to break, if it does, it's game over for you, walk back. We got to that point where we was myself and a couple of our friends John and um was it Mario there was it was
Starting point is 01:06:51 there and we're walking there and also in Jose and I step on this thing I'm like uh oh it's time to walk back we walk back but we have a lot of good memories in Hawaii probably not one of the best decisions I made in my life cause known but it was a big the best decisions I made in my life. Cause known. But it wasn't made in the book. It was the page here. Anyway, decisions, my friend. Have a great one, guys. We'll see you tomorrow. Ed again, thank you.
Starting point is 01:07:11 Take care, everybody. Bye, bye, bye, bye. Thank you, guys.

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