Peak Prosperity - Bad News, The Problems Are Bigger Than Trump

Episode Date: December 27, 2024

My interview with Dave Collum, author of the “2024 Year in Review,” covers economic valuations, market predictions, social dynamics, trust in institutions, and conspiracy theories. Will the markets fall 66% or even 90%? Can Trump pull off what needs to be pulled off? Tune in to find out!

I've been for years been banging the drum. If you're, if you don't believe men and women of wealth and power conspiring, you really have to think that one through more carefully. peakprosperity.com to watch the video and to find other insightful content such as articles, discussion forums, and exclusive subscriber-only content. Wow, have we got a special podcast for you today. Look, I laughed, I cried, I renewed my passport. It's Dave Colum's Year in Review for 2024. Listen, if you haven't read it before, you're in for a treat.

And I use that word, you know, you decide you want to take that word treat. But it is a treat. I wait for it. A lot of people wait for it. And it's just it's a real work of art. Dave, so good to be talking with you about this today. I love your Year in review. I love it. I did. I laughed. I haven't really cried yet, but I did laugh quite a bit so far. You know, every year it seems to get tougher. I think it's because someone said it's getting more complex. And I realized the first one you posted back in probably 2009 was probably 20 pages long, yeah yeah exactly it was probably

about as shallow an analysis of the world as you can get um and somehow it still seemed to be entertaining it's a now i don't know where this one's gonna end up i haven't written part three i've written parts of it but part two for for your record is is I've got the final chapter written, and I was working on it today to try to clean it up, and then I'll get it to you. So then I'll turn the ball over to you, and you can post it when you want. Well, good. We'll get that published post-haste. But it has turned into quite the adventure. First off, I don't know how many pages i'll maybe you have a word count or something but question how do you do this do you just keep

these things all year long in a file somewhere and then collate them or do you dig back somehow um well there's always a little digging back because there's always something you miss but um what i do is i have a file on every computer that I use, and if I see a plot of job losses or something that I like, I'll drag it to the file and just do a drag and drop. I keep the notes as a living Word document where I just paste anything. I mean, it could be a way to insult the person, right? It could be a new word, like the word assoil, which means to forgive or something.

But it's spelled A-S-S-O-I-L, and I just can't pass that, right? Sounds French. Well, it sounds like Gavin Newsom's hair to me. And so I'll just drag anything. Sometimes it's irrelevant stuff that I know I won't use. Every year I swear I'm going to learn and not drop stupid stuff that just clogs up the notes. But I end up with about five to 700 pages of notes every year. Wow. Unbelievable.

So let's start. The part that it always catches me because I think you do the same thing that to me, is when I finally put everything in one spot, I scare myself. And I do this particularly with economics, because it looks so patently obvious to me that we're way over the tips of our skis. So I didn't see it in your year in review, but somebody was commenting on my site. So I posted this Bloomberg chart of price to book for the S&P 500. I saw that. I saw that. And it's never been higher. I mean, I'm talking never, ever been higher. Not in 2000, not in 29, never. And so you make the point over and over again. It was like, if you invest at the tops and you have this really great point,

and I think Warren Buffett was your mentor for that, I guess, or a frame for that. If you invest at prices like this, your expectations ought to be not for what, 20 to 30 years? Yeah, I do. It's actually arithmetic. It's not even a projection of GDP or anything like that. So every couple of years, I do a real detailed analysis of valuations. And to remind the listener, valuation is the price of the market divided by something that it ought to track, which means they're both inherently sensitive, the numerator and the denominator, both inherently inflation sensitive.

So I do enough podcasts podcasts and my brother said, you know, I'm not quite sure you're getting the message through to the people on, on the, because the podcasters seem confused about what valuation means. And so basically it's two things that ought to track. And so you can look at historical valuations and say, well, that's where they are historically and they should track. And that fact they're both inflation sensitive means that you can't inflate your way out of a valuation problem because it will remain. So let's say it's price to earnings. The price goes up, the earnings go up.

You're still X percent over fair value no matter how you cut it, right? It's just going to track each other. And so there's about 25 metrics I follow. And then this year, I kind of just picked on the case Schiller PE and ran with it because it's clean. And the historical average, I try not to say fair value because fair seems like a funny term to me. But historically, if I say fair value, I mean historical average value. From 1880 to 1990, I use as a baseline. And they just wobble back and forth. Any valuation metric you want, number of months worked to buy the S&P, you know, things like that.

And then around 1994, I left the channel and took off and and now we are sitting um uh crudely speaking uh the average was about a 12 on the case or p the low is about a 6 in 81 and we're sitting at about 38. so so that's consistent with the plot I saw you post. And so it means that we're 200 percent above fair value. So they say, well, how do you get back? Well, obviously, obviously, a 66, 60 to 70 percent drop will get you back to the average. Now, people think, oh, that would be horrible. That would never happen. I go, that's the average and knucklehead, right? That isn't even deep, deep value. That's just the average. And that's assuming no damage is done, right? That assumes the earnings haven't changed and you just drop 60 or 70 percent. It could go 80 or 90 if things get fugly. So let's assume that you got to get that 200 percent over fair value back by blocking and tackling.

It turns out if you assume the GDP is going to grow about two and a half percent a year, which is a little high historically, it's more like 2.2 to 3 in the 20th century. Maybe maybe the 21st century would be better. But I would not want to be betting against the 20th century as the good one, right? Yeah, right. And just the simple math. It's 1.025 to some power that gets you up a factor of 3x, 200%. It takes 45 years to just grow your way out just through just creating wealth a little bit better every year. And, of course, we know the GDP is inflation corrected, and those numbers are crap. So it could take longer.

But 45, it doesn't mean for 45 years the markets will be uninvestable. It means that 45 years from now, if we are sitting at historical average valuation and nothing bad has happened, like we haven't nuked the world or something, which strikes me as not as good a bet as it used to look, the market will not have moved a penny. You have gotten dividends. Now, dividends are actually a measure of valuation. When markets were really cheap, dividends were in the 6.5%, 7% range,

and now they're about 1.5%, which tells you that there's about a 75% correction in our future, right? So it's the same thing. So right now, the markets are priced to return about, let's say they just tread water. They just tread water. You're going to get about a 3% cash flow off the S&P 500. And most people are not ready for that. And that's a taxable cash flow.

So if the markets just track inflation, you'll get sort of a 3%. If somehow the markets create wealth, that 3% will slowly but surely kind of compound, but it's not going to be much. And the really ugly thing is that a lot of the metrics are broken. So for example, those who buy the Russell 2000 think they're getting growth for P of 25, 30. 30 is the actual number. Turns out if you measure that correctly, the P of the Russells, about 100. So you're buying a 1% return. You go, yeah, but it's growth stocks. They go, OK. OK. Double your earnings. I did about five examples this year of the kind of pain you'd feel trying to double your earnings out of the mess, right?

So great example, actually. You mentioned Buffett. changes without taking into account taxes. He said the most you can hope to earn over sort of the indefinite period is about 4%. And that if you're way over fair value, then it's less. Yeah. Right. Right. Turns out there's other people come up with the same answer. So you can ignore the old cadre if you want, but it's at your peril. And so I think we've got a 40-year bear market ahead of us. Not to say it won't get real cheap or they're real expensive and go up and down like a yo-yo. So the path is unknowable, as you know, but it's kind of a state function, as they say in physics. If you assume 45 years from now we will be at historical average valuation and you assume the GDP grew normally, you will not have earned a penny.

It's fourth grade math. Now, Dave, it seems like easy math, but, you know, we're a couple of older guys and so we still believe in this thing called fundamentals, right? But let me talk the social angle for a minute. So the CEO of UnitedHealthcare gets popped and I go over to Reddit, which is kind of hive mind central, mostly CIA bots. But to the extent they're actual kids there still, you saw that there was a lot of CIA bots. I don't pay attention to Reddit, so I don't know much about Reddit. I think it's 50 to 90 percent bots by weight at this point. But there are still some people there. But you saw this thing come through, which was, let's say, less than complete sympathy for the CEO.

Right? Right. Maybe just a little like maybe got what he had come. Forth turning. Forth turning kind of stuff. So what the Fed has done, and by the way, the tweets I put out that get the worst traction ever, worst, like almost no views, is when I criticize the Fed. Take that for what it's worth. I criticize the Fed for having thrown an entire generation under the bus.

I think we should have a 50% stock wipeout so that younger people have a chance to buy. But the Fed has said, no, no, not on our watch. The people who already have the stocks should never suffer a downturn. And I find that unacceptable. What do you think? Yeah, it is. Well, it's also, it's Sisyphus trying to push the rock up the hill too. It won't work.

We know that. Never in the history of markets, not a single example of a market that got way over historical average value that didn't eventually return to Earth. You can't name one because it's kind of a law of nature. It's kind of a law of physics. It will come back. To say that it will never get cheap again is a fool's errand. So they're trying to keep the boomers from losing their minds, Frank. They're trying to.

And the boomers right now think they're in good shape. They've made their money off their NVIDIA. They've made their money off various investments, which are highly inflated. So they got their butt saved for the last 45 years by the Fed every single time the market tried to make a correction, the Fed saved it. And the V-bounces, I call it the era of the V-bounce. I think when we're finally in trouble, the V-bounces simply won't appear. And we're going to do an EK. Why is that? Because the Fed will have to back off and not print more?

Or the Fed will lose control of the bond market completely. As they may be doing now, because as you and I both know, that the Fed started dropping rates and the interest rates on the long bonds went up, got down. And for years I've been saying the nightmare scenario is when the bond and the stock markets are both in a bear market. Well, that was 2022, but they rescued that, didn't they? But it was, yeah, yeah, yeah, they did. But they won't.

Remember it was October 30th, 23rd. It was starting to hurl. It was starting to hurl. Yeah. And then just magically I wake up and somehow something happened November 1st that evening of out there in the overnight markets, which for everybody listening, if you wanted to participate in any of the gains in silver or stocks, you had to play in the overnight markets. I'm sure you've seen that. You know, I do see that. Actually, years ago, Grant Williams was one of the first people to notice that, where he looked at the returns if you just look at dusk to dawn returns. And I saw one just the other day. It might have been by you.

It might have been on your comment section. I don't know, but I saw it again. Yeah, it appears as though you should close out your position. You should open up positions at 4 and close out your position at 930. Eastern. Yes. Yeah, eastern. And you'll do better.

But that probably will not work once you do it because karma is a bad thing. But it's operated long enough that it's not a market. A market should compete away easy returns. Those have been there, Dave, for a long time. Yeah, arbitrage. Yeah, I know. Auto, auto. Well, so why is that not being dealt with by, say, BlackRock?

Why are they not doing it? Why are they? I know they're probably at the heart of it. They're at the heart of it. Why are they not arbitraging away their own market? I don't know, because it must be a thieving operation. Or, and this is why something I've supported for a long time, can we please just audit the Fed? And I mean transaction level detail.

Right, right. I want to know if there was a swap line. You want to know what they bought. Yeah. Is there a Cayman outfit that's magically funded that buys the market all night long or whatever? I just need to know. I think it probably is done more covertly in the sense that I think it probably is done by other central banks for us. You know, if we got to whack a dictator, the CIA doesn't do it.

The Mossad does it. You know, that sort of thing. Yeah, that sort of thing. Yeah. Professional courtesy. Well, you know, the CME has central bank Preferred Incentive Buying Program because they're such heavy buyers, but not one central bank, Dave, will put it on their balance sheet that they own a future or an option off the CME. I didn't know that. You know, I tend to not pay attention at this level of detail because I'm never quite sure what to do with the information. So sentiment indicators, for example, I don't pay any attention to. When someone says, oh, yeah, you know, the market is, you know,

the market's going to have a blow-off top at the end of the year, I go, I don't care. I'm not going to own that top. I'm simply not going to own it. You can blow it off all you want. But at some point, the train's coming through, and whoever's on the tracks is going to end up a smudge mark, and I don't want to be that guy. All right, well, let's talk about – I want to talk about that nightmare scenario then because, you know me, I like these things.

But this idea that the Fed cuts rates, but the long end starts blowing out. We saw T. Rowe Price's equity guy say maybe 6% on the 10, 6% interest rate on the 10-year by the end of the year. I think that's a nightmare. That'll kill a lot of people. That'll kill a lot of people. It'll put a final dagger through office CMBS paper. It'll probably put a dagger through real estate, although that seems pretty hard to kill. And it could cause a sell-off in the bond market that goes further, right?

So bond markets don't tend to show cascading failures the way stock markets do, but it could do that. That usually looks engineered, right? So bond markets don't tend to show cascading failures the way stock markets do, but it could do that. That usually looks engineered, right? The bond market usually looks engineered. The stock market sometimes gets emergent and takes control much easier. Are you tired of feeling run down, maybe low energy? You know you've got some pounds you'd like to lose. Maybe you've got brain fog or something like that. Listen, we think we have the answer to all of that, and it begins with your food. If you're like me, you were shocked to hear testimony recently that unraveled and unearthed and exposed the idea that our food has been made addictive by addiction specialist scientists, the tobacco scientists out there putting things

in our food. Maybe it also shocked you to discover that Europe does not allow all kinds of stuff in our food because they know it's toxic. What is the combined effect of all of this? Listen, we know what the data is. It's horrifying. The number of children showing up with type 2 diabetes, the total metabolic disasters unfolding across the land, marked by obesity, sure, but we have cardiovascular issues, concomitant rises in cancers, all of these things, and it all starts with food. Garbage in, garbage out. So what do we do about that? First, it begins with understanding the context. We've put together a very exciting,

comprehensive food webinar that will expose the regulatory side of this and what is being done and why and how this happened to us. We'll be talking with Thomas Massey about that. We've got Dr. Ken Barry talking with us on the practitioner side and the solution side. We've got Tracy Thurman talking to us about the war on farmers and the war on food that has been happening. And Robert Barnes to help us understand that as well. Many, many other guests to both define what the problem is and what we can do about it. And we want to make it as simple as possible. Here's an example. Tortillas. Hey, maybe you're even on keto and these are carb wise. So these have low amounts of carbs. See that? Carb wise. Yeah, these are carb wise. So keto friendly. I want to note,

you note something. You see how fresh these look? Yeah. You see any mold in there? Any bacteria, any yeast, any sign of anything, any organism in there? These things expired in June and it is now November. So what are they putting in our food that even black mold won't eat it? I don't know, but I've decided that if it's not good enough for black mold, it's no longer good enough for me. Once you start down that path, you realize that we have got sugar and preservatives and salt, and seed oils, and the fact that the food pyramid is absolutely wrong. So if you like effective information that leads to effective action, this webinar is for you.

It's going to be the usual thing that my team and I will put on. It'll be organized, digestible, easily understandable, and most importantly, it's going to be actionable in ways that you will understand what to do. And I've designed it so that you would be easily be able to send this to anybody that you love or care about, say, can we talk about this and have it as a starting point for conversation. But what we really want, we want you to be healthy because, well, who doesn't want to be healthy? Health is the number one form of personal capital that you can have, of course. But given everything that's going on in the world, being healthy and vigorous and active

are going to be dominant strategies and things you're really going to want to be carrying in. So folks, it's time to get prepared on all levels. It begins here. It starts at home. It begins with our eating. And let's just make sure that we're not eating stuff that even black mold won't touch. With that, thank you very much for listening. And we'll get back to our regular programming now.

I'm reading from your year in review here. And you said here, quote, after years of watching inflation lurking in the shadows obscured by deceptively flawed metrics, the satanic creature from Jekyll Island reared its ugly head in the fall of 2019. A disturbingly well-timed white paper from BlackRock declared that the next crisis would require the Fed to use gain-of-function monetary policy by going direct. Weeks later, the repo market went emergent, began a spasmodic 10% hikes for reasons unknown. And then magically COVID-19 arrived and the Fed injected an estimated $17 trillion into the system as part of the Fed backing program, requiring 14 days to flatten the economy.

The way you put those dots together, Dave, it almost sounds not as accidental as it seems. It sounds suspicious, doesn't it? I had a funny conversation. Actually, during the repo crisis, one Saturday I got a call from Grant Williams and we just chatted for two hours at the end of the conversation. We concluded we had no idea what was going on. We just had no idea. I still don't know. People claim we know.

I don't know if they know or if they just think they know. I struggle with this notion of actually, as you can tell, the title of my year in review is What is a Fact? It's very, very difficult to know something that you could bet your life on it. It's extremely, very difficult to know something that you could bet your life on it. You know, it's extremely difficult. And so I do know when someone drives a truck up my ass, that's an easily demonstrable problem. We saw in September 2019, the Fed was already reversing its QT program and then COVID, right? And now we know that COVID wasn't as much of a surprise as it might have been to you and I out in the retail seats, that they knew that this thing had leaked August, September of 2019, conveniently held there, hosted by Averill Haynes, Event 201 planning session. So let me ask you this. Do you think that they. That they believe they overplayed covid.

And they did overplay it in the sense that in the sense that we're now on to them, the populace is on to them. They do not trust the biomedical community. Faith in vaccines has plummeted down from 93 to 59 percent. I saw the other day. So so if let's assume their goal is to is to fake us out, then they overplayed it. Right. Well, they did. I went from 93 to about zero. I'm not getting any. Yeah, I didn't stop at 59. That's for sure. Yeah, I went all the way i am never i as you noticed i have explicitly of course this is in part two so people haven't read it yet but i've explicitly stated as brutally as i get i'm never getting another vaccine period you don't know what's in them the the flu vaccines are now mrna they're given they're still giving the cobit vaccine to children. I wrote about COVID, as you know, and last year I wrote a

roughed out chapter on it, and I think it was last year, it's getting blurried out, and I swallowed it. I just said, I'm not publishing it. COVID fatigue, no one wants to hear it. I don't want to, you know, I could, a day I could have finished it easily. And then they had to write about in part motivated by the fact that I muscled my way through the Pfizer papers. And I don't wish that on anyone because it's not a reading book. It's really like reading the phone book or something. And but I tried to pull out the messages so that people don't have to read it. The messages were that everything you and I knew, Pfizer knew. Of course they did.

I so vividly remember these events leading up to, remember the first hit you knew something was wrong. It was day one. Day one you knew something was wrong with COVID because you're watching these videos out of China and you're going, these videos look fake. There was something wrong. People were walking down the street, then bam, pancaking. And you go, if you're that sick, you're going, these videos look fake. There was something wrong. People were walking down the street, then bam, pancaking. And you go, if you're that sick, you're bad, right?

There's people, they were spraying the streets with spray. They were spritzing stacks of currency. They were welding doors shut. They were welding doors shut. And you go, this is bullshit. This is not true. And then as soon as we locked down, they opened up. I go, well, I guess we know what their goal was, right?

The question, though, is do they think they overplayed it? For example, if they had said, look, if you're pregnant, don't get the vaccine, right? That would have renewed some faith, right? If you are not at risk, don't get the vaccine, right? That would have renewed some faith, right? If you are not at risk, don't get the vaccine, right? They could have played this correctly, but they didn't. They just said, everyone get it. You knew they were playing it wrong when they made you wear a mask, but they did not care what it was made of. Now, forgetting about the fact that the best mask you could get did no good, and we knew that because that had been studied 30 goddamn times prior to COVID. And they all showed it has no effect on a virus. And the Cochran group eventually put a stake in the heart of that vampire.

But compliance was the whole game, not efficacy. And so you knew. Now, people pointed Fauci saying don't wear a mask and wear a mask. That was not the problem. To me, when he said don't wear a mask, he's saying leave the mask for the doctors. Right. That made sense to me. OK. Yeah. Right. But then he says then he says wear a mask. But they never say what kind of mask you can wear a bandana. You can wear chicken wear on your face. It didn't matter to them. just compliance. And that tells you. And then, of course, we know the ivermectin story, they locked it down because then they couldn't release the vaccine. And by the way, good books I read this year, Follow the Science by Cheryl Atkison is a very good book. And it's about not just the vaccine. In fact, it's a small part of it. A big part of it's 25 years of her studying

pharmaceutical problems. And she's CBS News science correspondent, tremendous credibility, and her book's very, very good. And I read the Pfizer papers. And so this kind of dragged me back to the story. And I remember I was impressed by you, and I've told you this before on your podcast, you were wound up pretty tight on the lethality of this virus, the honey badger, and then you flipped. And most people can take a side and maybe even get it right. Very few people can flip and say, T.O., I got it wrong. I got it dead wrong. And you did that, and you did that, I would say, as promptly as one could do it. Right? I think you figured out

that we were being had. I think it was by probably April of 2020 you were starting to flip over and say something's wrong. And I watched Brett Weinstein do the same thing. Brett Weinstein did the same thing. It's funny to watch people testify to Congress and shit,

and I go, I know all these guys. Eddie Dowd, you know, Eddie Dowd. What are you doing there, Eddie? I know. He's such a good guy. I was on a Zoom call with Ron Johnson, with Bobby Kennedy. I mean, I love this connected world that you are a major part of. It really is a picture.

It's so much fun. And by the way, we are the proverbial dog with a bumper in our mouths now because I was completely out of power. Like I knew zero people in government up to this year. And now I'm going to know people in the cabinet and in very senior positions. It's a bizarre place to be in. So that's interesting. I had a thought.

So Kennedy, let's say they knock Kennedy out of there because there's trillions of dollars that wants him out of there, right? Yeah. How far down the chain do you have to go before it's not a confirmation requiring appointment? Could they put Kennedy in the number two slot? I don't know. So what do you do? So you put a Medvedev in charge. You put Putin number two. Guess who's running the country, right? Well, I just read this morning that RFK has enough votes to be confirmed. Really?

Yep. So the winners would be, I don't worry as much about Tulsi. I don't think she's going to be a problem. I don't think they have what it takes to get her out. I worry they're going to try to get Kash Patel out of there. Gates, I think they blackmailed him out. I think they must have some real dirt on that boy, and they used it. That's my guess.

And he wasn't the most qualified guy for that position anyways, right? Putting Bhattacharya in charge of NIH, oh, my God, what a dream position. Oh, my God. That was enough to go, holy moly, these guys are good. My only concern with Jay is he's just too nice of a guy. He's going to need some bulldog lieutenants. No, but I've listened to enough of his interviews where he has said, I realize that this fame and this fortune and this tenure

and all this stuff is nothing if you don't use it. Yeah. He really has made it clear. He's such a nice guy, though. I couldn't feel better about that position. He withstood withering attack. Yeah. So the missing people, who's missing?

Douglas McGregor. Correct. Not a peep yet. Yeah. Maybe Mike Flynn. missing douglas mcgregor correct not a peep yet uh maybe mike flynn part part my last part that i owe you for part two is about the election but i had so many notes but one of the things i listed were the missing people so it's totally different than you'd expect i expected to be showing quotes from kamala and Biden and stuff. And then it became irrelevant. All of a sudden it was like, no one cares now.

Well, do you think it's, is it possible that, that post January 20th, assuming we make it there, that big assumption I know, but do you think it's possible that then Trump has more power and we'll be able to appoint some of these other names? I've heard, I've heard he can do recess appointments. Do you know anything about the rules of recess appointments? I've heard you can do them, but they require like 100% confirmation. No, no, I heard, but the 100% is two years later.

So the recess appointment. I'm not a government rules guy. Okay, let me tell you what I think it is, and then I think I'm missing something. But the guy who woke me to it was Thomas Massey, who was being hounded by reporters. He turned around and he yelled at him. He said, recess appointments. And they're doing the finding Nemo, me, me, mine, mine, mine, mine, you know, thing. And he says, recess appointment. Yeah.

And what he was saying is that when Congress is in recess, you can make appointments. And then the appointments last for some set period of time, which I think is not trivial. And then there's a confirmation. Well, there you go. Congress is in recess all the time. So I made a list of potential appointees. I had McGregor and Flynn and various people. And then the last one was Liz Crockin. Really?

Yeah. Do you know Liz? Do you know Liz? No. She's one of the pedo hunters. She's one of the ones going after the pedophile networks. Right. I'm going, Liz Crockett.

I was so proud of myself thinking of that one. Liz Crockett. Now I know. Yes, on Twitter, yes. Are we going to get a part three? You are. You are. I am.

You are. We'll put a trigger warning on it. If we, no, no, it's much worse than that because there's, there's real risk. And so I guarantee you, I am going to write it cause I got to get it off my back. For those who are listening to this, I've, I've dug as deeply as I can stomach into the world of trafficking and pedophilia and Satanism and all that stuff. And you say, wait, wait, wait, all of those, they're all connected. They are all connected. I guarantee you, it's very hard to know what a fact is. I guarantee you that all of those have facts in them. And Flynn, Flynn is all over this, by the way. Flynn is all over the Pizzagate story. There are some serious players, but the problem is it's a risky territory. It's very

risky territory. So I'm supposed to have a conversation with a person who, I can't say much because I don't want to rat the person out, a person who is inside the FBI working with children. That's enough. I've been trying to figure out how that's a good position. I think she's a good person, but I think she has a tough job. Right, exactly. I think it's as weird as your brain is taking you. It's something very strange. So I'm supposed to have a conversation with several of the victims, right?

A couple of the victims who were groomed from essentially almost birth and what is actually going on. And I want to find out where the leads really go and where the dead ends are, because there certainly are a lot of dead ends. I got to find someone who can say, look, this is crap. This is where you should be focusing. Well, there's way too much smoke for there not to be a fire, obviously. There's definitely a fire. There's definitely a fire. We're all still waiting for the Epstein list and the P. Diddy tapes and all of that other stuff.

Where is that stuff, right? Diddy's going to bust open, I's open i think i think did he open you know and here's the really annoying part because they always this is what i know about our adversaries and our adversaries dave are everybody who hates truth and lives in a world of fiction right and so what they do is they accuse you of the things they are most responsible of for themselves so they're very cheerless about like if you're a high school student and you pee in an alleyway and you get caught, you're going to be tagged as a sex offender.

I know. I've heard that. In fact, I once read a case where the judge ripped into the prosecutor and says, what are you doing here? You're trying to destroy this kid. What is your point? Well, it's that serious, Dave. We can't have any of this sexual offenses in our society. I know.

I know. I know. And then they're running these rings. I don't know. Did you see that? So Mayorkas decided to use Christmas week to come out, give his interview and say, I don't know where these 500,000 children are. I saw parts of it. I saw shards of it.

Mayorkas should be in prison. Correct. Yes. Clearly. For lots of it. Mayorkas should be in prison. Correct. Yes. Clearly. For lots of reasons. Do you have an opinion as to whether or not Trump should go after these guys or whether he should let them sleep? 100%. Okay. And the question, besides wanting revenge, is there a tactical reason? Yes. Because what we need to do is we need to have what's the equivalent of a cultural

revolution, right? Away from the culture equivalent of a cultural revolution, right? Away from the culture of corruption and child trafficking, right? Towards something maybe a little bit more positive and beneficial. So when you have a cultural revolution. Just a little. It's a low bar you're setting. Low bar. Low bar.

It's in the dirt. But yes. So to do that, you have to have accountability. And so there is no such thing as a revolution without clearing out the old guard. Right. It just you have to. Well, this morning I used that word revolution. I said I said we didn't just we don't just want to win.

We want a revolution. Yeah, well, I mean, we do. Right. And lots of ways to characterize it. But my world is it's between the world. People who live in this world of abstract stuff, they can't define what a woman is anymore. They don't know what herd immunity means. They've lost all touch with everything. They ponder if nuclear wars are winnable, right? Oh my God. I read Annie Jacobson's book, which I normally don't read fiction, but it's

marginally fiction. She talked to a lot of major players inside the nuclear world and got them to tell her what would happen. From the very first second, they pick up a flash coming out of North Korea, what happens. And to make a long story short, she goes sort of second by second what's happening in the computers and what dolls are being rung. Have you read this by chance? No, I haven't. I saw an interview where I think she described that process, but I didn't read it. And so she, so like 78 seconds later, it's like done, right? Or something. Well, so what happened at 78 minutes? Yeah. So she goes through and she says, she says by the 20 minute mark, our missiles have been launched. Washington DC has been flattened like a pancake, you know, things like that. And, and within 78 minutes, the world is essentially destroyed.

And she said, the problem is it's formulaic. It's built it. Now, what I'm hoping is the idea being that our opponents have to believe that we would nuke them, even if we are going to die. And vice versa. And vice versa. That's mad. That's mutually. Oh, I got a funny story for you. I got a funny story. But let me finish this. So that's mad, but it's worked, in part because we've had leaders who are actually pretty good. And now we don't is the problem.

And as I was reading this book, I'm thinking, Biden having the nuclear football? And one of the things you want, here's the way I like to describe it. Imagine the Cuban Missile Crisis in which it's exactly how Plato accepted you to what? That you pull Kennedy out. Now, it is not that Kennedy was some superstar. Kennedy was the guy who had to say, look, it's on my shoulders. History is going to write about this. If I fuck up, I'm dead. I'm toast. And I will be infamous.

And therefore, this is what we're going to do. You take him out and all you have now are these voices. These are anonymous voices chattering. And we would have been in a nuclear war. And then people say, well, Biden wouldn't make the call. And I go, that's the problem. Anonymous Voices would be making the call for him. Anonymous Voices would have been making the call for Kamala. Anonymous Voices would not be making the call for Trump, although I'm not sure I want Trump with the football either. But that's why you want a leader. I wouldn't trust Obama, for example. I want Trump with the football either. So, you know, but you want it. That's why you want a leader.

I wouldn't trust Obama, for example. I think Obama had the hoods to be the guy. Carter, any of these guys, I think they had it. The Bushes even. And then we get to 2020 and all of a sudden the leadership is just gone, just gone. So the funny story is I'm arguing that when i was probably 27 years old in the faculty lounge and i'm i'm saying to my colleagues mutual destruction has worked right i'm going i'm going on and on and they're going blah blah blah and i'm going but

it has worked and some old guy behind me kind of clears his throat and chimes in. It was fucking Hans Bethe. It was who? Hans Bethe, the creator of the bomb. He chimes in and says, no, it's not a good thing. And I'm going, I'm not going to get in a fight with Hans Bethe over the benefits of mutually shared destruction. I'm for going to get in a fight with Hans Bethe over the benefits of mutually shared destruction. I'm for goddamn sure. Yeah, so he was one of the six famous guys sort of right there at ground zero, you know, him and.

Wow. Yeah. My colleagues had tears running down their face. They were laughing so hard. Was that was that the first and last time you inserted foot and mouth? Yes, yes. I haven't done it since then, yeah. Not a bit.

The lack of filter has been not – the mouth is the worst enemy of the neck is the phrase, right? Well, speaking of this idea of needing like a – because I agree. I read the books. I read that Kennedy – like we were that man away from nuclear war. Right. Right. It was him against. I think all four joint chiefs of staff were pounding. Yeah, I know. You got to push the button. I know. So. So obviously. And then, you know, the Wall Street Journal comes out and tells us what you and I and everybody who wasn't stupid knew for all four years was that Biden was mentally defective. But shouldn't this have been like the biggest bombshell ever, that there's a cabal of people running the White House who hid the president's Article 25 infirmities from the rest of us?

We've known it. You know, it reminds me of when the Supreme Court overturned Roe v. Wade. And first we heard they were going to consider it. Then we hear that then we get a leak that they did it but but but but because it's only a leak and it's not a fact yet a lot of steam got burned off and a lot of people protest but you can't burn down buildings because someone whispered to someone that it's been overturned right and? And by the time it got overturned, everyone knew it. And so I'm sure the Supreme Court leaked the decision.

I'm sure they said, let's leak it. Let's burn off some of the unspent fuel. And so we knew he was demented. And we knew they had to know. Right. And so at some level, we've been living with this surreal state of affairs for a long time. Well, then let's get back to the election. So every I flip flop. Right. It was the most important election of our lifetimes. I'm really glad we didn't go down the obvious communist path. You know, all that. That's true. But then I flip, Dave, and I'm thinking, this is retail, right? The

president comes and goes. The permanent deep state doesn't change. We still bomb the same people. The bankers still bank. Does anything really change, honestly? No, except here's the interesting thing that's noticeable, and that is in the last month and a half since Trump got elected, democracies around the globe have been getting voted out of office. Right. You got England, Germany, Canada, Romania. And so Trump could be what I refer to as the highly flammable Tunisian who lit himself on fire and started Arab Spring. So it's hard to know if Trump is some flapping winged butterfly. So I'm still a little optimistic. And we're going to clean up some stuff. And it might cascade. It might cascade.

It might. Well, okay, so we had all the abstractionists pondering nuclear war as winnable. By the way, we have rear admirals doing that and whatever. But then you have the people who show up at Trump rallies, right? Those are the real people, right? They have to put out the fires and deliver the packages and all that. The ones who are in prison now, yeah, those guys, right? Those guys and gals.

Right. So, but is that the revolution? Like, we're going to get back towards reality a little bit? Because I think reality needs a seat at the table. That's what RFK Jr. is saying. He's like, listen, keep your vaccines if you like them, have your politics, have your profits, but I'm going to have data have a seat at the table when we make our next decision.

And that's freaking them the F out. They are losing it because we haven't had reality at the table in quite a while. As someone said, did you see the interview of Neil deGrasse Tyson by Del Bigtree? Yes. Science is consensus. No, no. But so Del Bigtree, who you know where he comes in, right? You know where he stands. And I used to think he was just kind of a grifter, and I have really come to respect him. But he's in there very methodically teeing up Neil deGrasse Tyson, just very, very methodically.

And then at the very end, he just pounds the living crap out of him. And so I think what we're witnessing right now are a lot of very softly spoken statements because we got to get to January 20th. We got to get the confirmations and we got to. So he's got to get his army in place before he starts shooting off his mouth. So I think he got I think that imparts the origin of, of, of, um, Kennedy's, uh, make America healthy again. Cause, cause that sounds innocuous, right? So that, that's the cover story, right? And, and so if they're playing it correctly, they're going to zip it. They're not, they're not going to tell you what they're going to do until after they get confirmed. And there's still many more to be confirmed, right? Trump's playing 52 pickup. The way I phrased it, I said, at the very end of my write-up on the election, I sent some messages. I said,

message to Trump supporters. And I express some things to ponder and what you got to be paying attention to. Then I had messaged the DNC and I basically said, you got to burn your structure down. You've destroyed yourself. And one of the things they said was, you have managed the impossible. You have turned Donald Trump into a victim. But I wail on them pretty hard. I wail on the voters, who I'm very careful to view as differently. And I wail on them. I said, you've got to demand better from your party. And you don't have a lot of say, but you've got to demand more. And you accepted the idea that you would vote for unacceptable people, support, unacceptable ideas, just because Donald Trump was somehow Hitler. But doesn't that reflect maybe, Dave, the weaponization of fifth generation warfare?

Like these people hold deeply held beliefs about Trump, but they usually have zero data. You've seen this man on the street interviews like, oh, I hate Donald Trump. But what did he do? Worse than that. He was president for four years, right? Yeah. I mean, there's no absence of data, you know, and he didn't incarcerate his opponents. He didn't take over the country. Dave, I'm going to get my tubes tied

because he's going to take my rights as a woman away, you know? Yeah, I know. First female chief of staff ever. More women appointed to more positions than any other president. And you got your tubes tied. I give some buyer's remorse on that. Someone did this great thing talking about all the things that Trump people are going to get.

And then he says, and you Democrats, you get abortions. You know, maybe he's waiting, he's holding, zipping his lip, but I love that whole telling Trudeau he could be governor of the 51st state, maybe, you know? I don't know why he's going this. He talked about Greenland and Panama. Panama and Canada. He's going hard to the hoop on some. Maybe he's trying to generate news stories to get his appointments off the news. Maybe, maybe.

But can we talk about Canada's liberal immolation? I mean, this is good. Oh, it's overdue. This is good. I don't normally use the word hate, but I really despise Justin Trudeau. You mean Justin Castro? Castro. Sorry. Yes. Castro. And then you got Chrystia Freeland, who resigned, I think probably to go to a rehab clinic. And I reached out to a Canadian. I tell Bobbin and Twitching, you know, along with with Adherne and along with Zelensky, right.

They're world leaders for a bunch of crackheads. That's why it's good to know that Trump doesn't support drug use. And and and so her her going to the political light is very good news, although she might show up somewhere else. Who is it? Victoria Nuland resigning, right? There's some odd political movements going on here. There's things that the press doesn't want to talk about too much that look very real to me. Well, can we talk about, I mean, the core of this has got to be the Straussian neocons. It's a horrifying strain of people. They've been in charge for too long. I was listening to Jeffrey Sachs was interviewing, I've forgotten the guy's name, but he was formerly Air Force muckety-muck, writes a book about having declassified the papers that were used in the context of going to bombing Iraq over fake weapons of mass destruction,

right? So this is the Rumsel period. And he's talking with this guy, and this guy said, if we had just taken about 12 people and locked them in a hotel room for a couple weeks, we could have not gone to that destructive war and killed a million people. But they intended to go there before 9-11. I know, but it's the same crew. Can we talk about this, these neocons? Why do they hold so much power, you know?

A trillion-dollar industry backing them right um there's dangerous territory i refuse to go to there are foreign countries who are calling the shots um there there's um yeah the neocons are are very dangerous and i'd like to see them taken out at the kneecaps. And I think the estimate is I think we've killed 5 million people in the Middle East since 9-11, directly and indirectly. Why that's not called a Holocaust is a little beyond me. I also think it's gotten much worse. So I think we were, I think we walked softly, more softly and carried a bigger stick. And now we walk less softly and I don't think we have as big a stick as we think we have. And that's a very dangerous situation.

Well, it has been that actually, that was my number one surprise learning from watching way too many videos of the Ukraine war, was that all of NATO's warehouses were just reduced to ashes by some drones, right? So obviously warfare has changed. This is like those World War I generals who couldn't figure it out and rode horses into machine gun nests, right? So we just found out- You know an entire carrier could be taken out in seconds.

Seconds. Seconds. Well, China just put a video up three days ago of one of their ballistic missiles hitting a mock-up of it. And it's not moving. It's just a ship-like thing in the desert. But they hit it. But it's pretty impressive how much destructive power is in one of those ICBMs coming down. But if you shoot a Mach 11 missile at a carrier, the carrier is not going to pull out of the way.

Hard to port. Yeah, I know. Quick, quick, quick. Dive, dive. Whatever you do. I don't know. Yeah, we're about to dive is right. You know, now I think, do you believe that we didn't know the Russians had it?

Do you believe we don't have it, is the question. Those are two claims that were made, that A, we didn't know the Russians were there, and we have nothing even on the drawing board. I have trouble believing both of those. Well, I keep reading about how, so it was just last year that I think it was Lockheed's contract for a hypersonic something. Got yanked because they were over budget and under delivering. Right.

So it's not clear that we have a fielded operational hypersonic weapon at this point, because it's not just that they had an ICBM. We've had those forever. It's that it had six separate independently targetable hypersonic reentry vehicles. Right. And these things can do these funny things, which make them impossible to intercept. That's my understanding. Did you see the. I think that woke some people up.

I think that woke a few people up. We're like, dude, I'll at least be in my bunker. Oh, I think that happened. Yeah. The other thing. Something changed. About a year ago, there was a Patriot missile silo or so we're told. Again, what is the fact? Who knows what a fact is? But it was a Patriot missile silo that apparently detected an incoming.

And and they emptied everything they had and then blew the fuck up. And I'm going, oh, boy, that was not a good sign. They got past the entire the entire fusillade of weapons coming out of the Patriot Patriot silo. So, yeah, we've we learned that patriots are no match for zircons. So. So do you think you think Trump you think the Ukraine war ends quickly after January 20th? Yeah, pretty quickly. I think that's why. So Russia right now, as of this recording here in December, is pushing hard and fast. So I think they want to get up to the Dnieper and call that the natural line, call it a day.

Right. But there's no chance. I mean, it was obvious two years ago, you and I think talked about it a long time ago, that Russia was going to keep what it had. That was done deal. There's no winning this war. There never was any winning of this war. The winning for the neocons is costing Russia a lot of stuff and money and treasure. We didn't hurt them at all.

We didn't hurt them at all. Well, so the interesting thing is their main gas lines, the Ural Mountains create this big buffer, right? And so all the gas that they had that's west of the Urals, that was mainly targeted to go into Europe. And then we blew up the Nord Stream pipelines to prevent that, obviously, you know, destroying Europe's industrial base. So we hurt Europe. We hurt Europe. We hurt Europe bad. Was that the point? I think it was. I think it was. I think it was, actually.

So I read a Brzezinski quote from 97, I think it was. I think it was either Brzezinski or that, who's that cold warrior, the most famous, Keegan, Keegan, God, I've drawn a blank. Bob Keegan? Robert? No, not Keegan. No, I've got his book. Robert? No, not Kagan. No. I've got his book I haven't read yet.

In any event, he said our biggest nightmare. Someone of great prominence said our biggest nightmare would be an alliance between Russia, Germany, and Iran. That would be a problem, yeah. That would be a problem. Well, guess what we've now teed up, right? That alliance. So Russia's resources, Germany's ability to produce and Iran's ability to, who the hell knows, but wreak havoc. I don't know. The oil, I guess. But Russia has oil, too. So I think we're playing this terribly. I think our foreign policy, Scott Horton is a guy to pay attention to. He did a zero hedge debate against Neil Ferguson.

I think Scott made a bit of a mistake. He went absolutely balls to the wall, attack dog on Neil. There was no civility at all. He just basically kept calling him an asshole and and yeah and and but he had the facts um um horton knows a ton i started deep diving horton podcast i ran into one that i forgot about it i did one with him once and i go i i forgot about that um it was on this it was on the screal poisoning. Where I called out the Brits and said, your line, your ass is off. That's not uniquely Russian

technology, which was stupid. And finally, the Porton Down guy said, it's not uniquely Russian technology. And I got to wonder if they said, look, the organic chemists are going to call us out on this if we claim this. So in any event,

I don't know. I think Putin has shown great restraint. I think Putin has very methodically. He he is the most grounded world leader right now. It's not I'm not saying he's a sweetheart. I'm not saying he doesn't whack his political opponents like that. I don't know if it's as bad as the Clintons, but bad. And and and I think he is attempting to bridge the gap between now and January 20th. So that he can he can then start negotiating for the end of this war. Yeah, I do think it ends, but I don't think it's it's over in the sense that the energy relationship between Russia and Europe is, I think, pretty comprehensively. It's it's over in the sense that um the energy relationship between russia and europe is i think pretty comprehensively just it's it's harmed in a big way now you want some fun on this

dave i i i can't help it i just i i love energy it's the lifeblood of everything i really like these guys at garing and russian squad they have absolute knowledge i have They have absolute knowledge. I have money with them. I have money with them. Not much, a tiny amount, but they're going to get a lot more when I'm ready. I'm edging really close to that doorway myself for a variety of reasons. But they had their third quarter thing. They come out and they're like, dudes, we are so at the top of our shale plays, right? That's part one.

Part two is. So they said shale's done. It's we're at the top of our shale plays, right? That's part one. Part two is... So they said shale's done. It's... We're at the peak. Like, all their models say that's it. We're rolling over. We're rolling over. We're rolling over.

It's not over-over, but on the back end of that, we have Facebook just opened up... is opening up, is building a $10 billion data center, right? Oh, yeah. That'll suck a bit of shale oil,'t it well they're putting a 2.2 gigawatt combined cycle power plant and they said ah not nuclear so they're going to run it on gas

i did the math that's 0.5 percent of total monthly output is going to go to this one that one one two hundredth of our total output this one data center and they're cropping up like mushrooms right that's and then because of trump they just they, oh, we're going to have three more of these LNG export terminals, which is going to double our LNG exports. Now, here's the thing most people don't understand, but the GNR guys make a great point. That's our LNG. It is. Well, here's the thing. It's not like we have extra lying around.

Every molecule that comes out of the ground goes somewhere. So if we're going to export twice as much, the question is, where is it coming from? It's not like we have extra lying around. Every molecule that comes out of the ground goes somewhere. So if we're going to export twice as much, the question is, where is it coming from? Prediction. We're going to see massively higher energy costs here. And it's like we shot ourselves once in each foot. It's such a self-inflicted wound. Is it possible, a couple things.

One is, is it possible that there's, and I don't have evidence of this, but I'm asking that there's a lot more shale plays. And it's just that we got way ahead. And so we found place here. But they're they're all over the world. Is that possible? So but we kind of know the big wild card that I that I can't assess is is the Middle East. We've tapped into all the parent, you know, all the child reservoirs. I don't know what their source rock is, and I don't know if anybody's drilled that yet. I'm going to guess there's magnificent quantities in the Middle East. But that's kind of a hot spot,

if you haven't noticed. The Vaca Muerta in Argentina is awesome. China's were very disappointing so far. Maybe they'll find something, but so far, nothing to write home about. Europe is probably not going to touch theirs for reasons because people don't own the mineral rights there, which makes them fight like crazy because they have no incentive. Europe fights like crazy? There's a shocker.

Europe never gets in a fight. Do you see Martin Armstrong writing about how World War II and today has a very similar sort of architecture, Japanese and Russians today? But he said that I didn't know this was good news. I didn't realize this. He said the Irish did not want to get into World War II because they're like, why would we defend the Brits? Those people screwed us. I know. I'm not convinced Martin has a computer. I think Martin just thinks deeply about shit.

I think his computer is some invented construct. No, if he still has that computer, I think it's a spreadsheet, okay? Okay, I'm glad we're on the same page. I don't know a computer that predicts wars, right? Right, right. You know, but I know people who can predict them right and so um yeah and this is a strange world we're gonna have i i loved your part on commodities and you know there's a yeah being right and early and wrong it's hard to sort of

parse those but we're gonna have to like i can't. So, Dave, everything I dig into uranium, copper, like even Goldman Sachs is like, dudes, we're not opening copper mines and there's going to be this massive shortage. And copper is the same price today as it was in 2008. And platinum is the same, too. Platinum is the same. Now, now, here's the problem. And this I tried to make this as clear as I could. When things start selling, and from 200% over fair value, I'm predicting selling in our future, everything sells. And so the problem is I am making a wish list. But I think to buy now, I wouldn't buy anything now on that wish list in any serious quantity.

I don't think it's time to go big on anything but two-year treasuries and things like that. I'm really in my bunker of doom. And the guys who say the big mistake of it, like, first of all, the biggest mistake, comparing equity valuations to interest rates. They go, you're comparing the equity prices to the price of the biggest bubble in the history of mankind, right? The bond market, right? So don't do that. That's a mistake. But they also do things like they compare to, say, the price of small caps. And you go, OK, small caps have never been cheaper relative to the mega caps. But I go,

but are they cheap? And the answer is no. The answer is no. They're not cheap. They're cheap relative to NVIDIA. They're not cheap relative to historical valuations. Well, can we also talk about very quickly then because so the government's running an emergency deficit of 7% of GDP, give or take, right? And we're not at a war technically or any of that stuff. So it's an emergency. So if we actually have an emergency, that's going to be extra. So if the government actually did have to cut back a little bit on its deficit spending, right? And Doge is successful and all that stuff, that's just

subtracted from GDP. My big complaint about GDP, the whole time you take that formula, I think you have to factor debt out. And we don't. At least non-productive debt. Yeah, yeah, yeah. You're pulling GDP forward by using debt. Right. It just doesn't feel right to me. And so the United States right now has over $100 trillion total combined credit market debt, not underfunded liabilities.

$100 trillion. That's like pretty close to 30% of's that missing because i have i have 250 trillion is my number what's what is your number not including uh with all the ius and everything uh it's around two yeah 250 ish okay okay just checking just checking but but you got this you know dalio um they bridgewater runs this number every few years, and the last time I saw it was a 2020 number, and it was 1,200% of GDP. Did you know that a bunch of prominent hedge fund managers did not believe Dalio had a hedge fund? Really?

Yeah. What did they think? They thought he was a scam. They thought he was a scam. Oh, really? I had one tell him. He says, I now believe he does have a fund. I did not know that was a question.

You didn't believe that? Yeah. You can find chatter about it. And a kind of a Madoff feel to it to them. Interesting. Yeah. All right. Well, turning the ball, let's change the subject real quick to Hurricane Helene, right?

Hits Appalachia. I don't have any point of view over, you know, was it steered or whatnot? It looked like a terrible accident. It happens. I knew I was over the target because I put this tweet out, Dave, that basically somebody had said, hey, you know, the government's going to come and steal houses or whatever. I got fact-checked. NewsGuard hit me, AP hit me, all that, right? And that's what they did.

We must be over the target, right? And it turns out, since we found out that FEMA is doing stuff like telling people, we can't give you money to rebuild your house, but we'll give you money to buy it from you. Right, right, right. They they want the land they want the lithium they want the lithium is it the lithium is that you think that's it well there's also a four um there's also a silicon a quartz mine that's the highest purity it's used for the best chips in

the world it's the only one in the world the silver deposits but that's the only that's the only mine i know about. What's it called? Silver something? Silver like, I think it's called, something like that. And it got cut off by the hurricane. The roads got washed out and they're going, whoa, whoa, whoa. That just cut off the entire chip market right there. Everything is for a reason. Everything is for a reason. And so, yeah, the Appalachian guys got hosed, I think. I think they got pretty badly hosed. And, you know, people wonder why everyone hates the DNC at this point. There are people who still vote Democratic.

I don't know why. I can't. I understand why you might not want to vote Republican. I get that part, but voting Democratic is just an awful thought to me at this point. They have to rebuild. Well, is it because they were

poor people? Well, it makes it easier. No, no. No. They care because they want what the poor people have. Okay. So if this happened to Martha's Vineyard, we would have seen a different outpouring of care and concern. I suspect I suspect the whaling industry would rebel. Yeah. By the way, great book. Leviathan is a great book about whaling. Yes, everything. And they were so garish about it, to offer them $750, which you could download an app on your phone that had no power to buy goods

and services, which didn't exist. It really felt like someone dropped acid in my coffee and I'm going, well, I'm having an out-of-body experience here. What is that all about? And it was during an election year when promises should have been made, right? They should have been lying their ass off and say, oh, we're going to send you bazillions of dollars, don't worry, and then shut the hell up and not send it, right? But they didn't. They went the other way. I have a theory on Kamala that she is not in any way, shape or form what she appears to be. And she appears to be dumb as a bag of rocks. But you have a different. Yeah. Yeah. I think she's MK ultra Manchurian candidate. Say more. Well, so she, I used to think the press didn't give her a break because she, I thought

she was very playful and, and that they were using that against her. And I'm thinking she seems kind of fun in her own way. Right. So she makes jokes and enjoys herself and stuff like that. Um, but, but remember the day the teleprompter failed and she acted like a robot that short-circuited. She just kept saying the same sentence over and over again. And I go, what was that about? And her ability to put together word salad requires a kind of an intellect, even though it's not the kind we want. And then people started to notice that she has all these personalities that pop out. She goes from Jamaican to whatever to whatever.

And my first thought was, that's playful. And then, what was it again? So the teleprompter thing was very real. And then one day I'm on a podcast with Jim Kunstler, and I think it was Mike Ferris. And Jim Kunstler, oh, and then I'm watching Candace Owens. Now, Candace Owens at one point said, I want to be president of the United States at some point. Now, next thing you know, she seems to be burning that bridge by going after Kamala's origin story.

And you're going, look, you know, most of us don't even care if Obama was born in Kenya, right? We care about if he's competent or not and what he did or didn't do. If you can send me someone from Zimbabwe who can run our country better than what we have, I'll take that person, right? We don't care that much, right? So the origin story looked like a fool's errand to me, and she was burning a lot of capital to do it. And then, and she dug deeply and looked at that, looked at the genetic linkages and stuff. And then she started to say things like, you see this guy here who's supposedly your uncle? That's not her uncle. You see this woman? That's not her aunt. And one day she was on Alex Jones, whose stock has risen despite the fact the courts were used to bankrupt him, which was a horrific chapter in American history, in my opinion.

He's gotten way more right than wrong, I'll tell you that much. I once followed him in a symposium. I spoke right after him. He was my warm-up band. And he's talking to Candace, and he says, well, this sounds like MKUltra. And Candace says, exactly. And I go, oh, now you've got my attention, right? So it turns out that her mom was a professor at the University in Canada.

What university? Tell me what university in Canada. McGill. McGill. Becauseill. McGill. Because that's where all the COVID crap came from. It's awful. That's also where all the MK Ultra shit was coming from back in the 50s and 60s. Right?

Not to mention other places, but that was a big one. So I'm in a conversation with Jim, and Jim mentions this woman named Elizabeth Nixon. And Elizabeth Nixon, turns out, it's spelled N-I-C-K-S-O-N. She's on Twitter. And she is not a small person in the world of media. She was, I think, if I remember this correctly, something like the head of Time magazine's European division, right? She was way up the food chain. And then at one point she was head of the North

America's Life magazine. I mean, she's just a very big person in media. And she starts, and Jim's telling me the story about the podcast he'd done like two days earlier with her. And I didn't see it. I didn't know about it. And he says, and then she starts talking about how, and I don't know if you know Jim well. You should. I would think you guys, I know you guys from years and years, from decades ago. So I would think you know each other. He came to our recent wedding. So we know him pretty well. Okay. I guess so. I hope he brought something good. We got a painting.

He says that her mother, that Nixon all of a sudden says that her mother was a victim of MKUltra. And she was in an asylum in Canada. And I said to Jim, I said, McGill. And he acts sort of sad. Now, if you know Jim, you know that Jim reluctantly goes down these rabbit holes. I would say if you asked 10 years ago, he would have not gone down any of them. He would have said that's all bullshit. I fought him on 9-11 carefully over a decade, you know?

Oh, yeah, yeah. But he has been forced down every rabbit hole, and now he still frowns, but I think on my CCTS score, he'd be way the hell up there now, right? And I want to encourage people to take that test. And we took it as a family last night. And for the holidays?

Yeah. Everyone kept their own score, and then we announced our scores. What was the range? My son's main squeeze, who pays no attention to anything, got a 12. But he didn't know what half the stuff was. My wife got a 21. My son got the same score anything, got a 12. But he didn't know what half the stuff was. My wife got a 21. My son got the same score as me, a 40. We'll talk about this in a minute maybe.

So she mentions her mom was a victim of MKUltra in an asylum in Canada. And I go, McGill University. And Jim sort of reels back a little bit, sort of, how did you know that? Because that's where all this shit was happening, Jim. And he proceeds to tell me, and I went back and listened to the podcast, so I got it from the horse's mouth, about how she quit her job

and studied MKUltra for three years to understand what had happened to her mother. And then she starts talking about Kamala Harris showing all the fractured personality traits of an MK ultra victim. And then I'm going, now I've got the scent. Yeah. That's interesting. So this is it.

That's going to be in part three. Oh, I can't wait to see that because, you know, you have this ash conformity experiment. I'll get scooped by my own podcast. I'm going to have people scooping me for this shit. And I'm going to go, oh, yeah, Dave, Chris talked about that last week. Yeah. Well, do you remember? So in the 50s and 60s, right, we have the ash conformity experiment.

We got the Milgram stuff. And as you know, the one thing that those professors... The one thing those professors hate more than anything is big fame and notoriety. And then I'm supposed to believe that they just stopped this productive line of inquiry in the 60s and said, oh, we're done. You know the

Minnesota Twins study, which is really cool because it went underground, didn't it? And they perfected it. They studied them all from day one. They were all separated on purpose. Have you ever seen the documentary Three Identical Strangers? No, I haven't. You've got to watch it.

It's about twins who met each other in adulthood. They go, wow! Because, you know, friends kept calling them the wrong name. They go, no, no. What are you doing to me? And they finally, within a day or two, they realized I've got a twin who is off that campus for that semester. And everyone thought it was the same guy.

So they get together, and there's this big story, and they get a call, and they said, I'm your triplet. Oh. And so there's a documentary. So it's this huge story. And then they open a restaurant, and they're famous, and they make this documentary. One of them has already committed suicide. And you realize it's going down dark. And so they finally decide to trace their origin story. And they go to this placement organization where they place adopted kids. And they get this funny sense they were being lied to.

And one guy goes back to get his jacket. He left it there by mistake, and he overheard some shit that said, oh, what they were just saying to each other was bothersome. And they finally trace themselves to a study done, I think it was at Cornell University Medical School, and, and either that or NYU, it was in the city. And, and they asked their parents, and if you look at the demographics of the three, and the adoption agency, when they were asked, why did you split us up? The adoption agencies, well, it's, it's, it's very hard to place multiplets. Now, that is a lie of a higher order. When you've been in a line for two or three years to get an adoption, and someone says, okay,

we've got these two Labrador puppies here, but you got to take them both. You go, I'm taking them. Give me three, give me four, right? If there's adoptive parents here, they know this is true, right? Placing kids, two for one sale, oh my God, you'd take it in a heartbeat if you were trying to adopt, right? And then it turns out several other pairs that had met each other in adulthood went through the same agency. So this agency was splitting kids. The demographics of the families of the triplets were almost identical. They were culturally different, but they were big families. One of the older sibs was adopted, then a bunch of biologists. They really chose them carefully to do the control experiment. And then they

eventually found the study. They found teaching assistants who had worked on the project. And they asked their parents, they go, did I get studied when I was a kid by a psychologist? The parents said, oh yeah, someone was interested in how adopted kids do, and they did a study, and blah, blah, blah. And the parents of the three didn't realize they all had been studied.

There are no papers on it. They find it, they finally find the archive in Yale. And it's totally redacted. It's totally redacted. Redacted by who, though? I can't imagine. I wonder if it's a three-letter agency. And so the bottom line is that these guys been up. You know, that one where they shocked the guy, they up the voltage. My only question about that one is, were they really actors? I think they were just shocking guys. I think they were just zapping

their asses. I'm trying to find, somebody just posted something on Twitter. I'm not locating it right now, but she said, hey, were you part of like the gifted program? And did you, do you have a memory of going out into a trailer? You know, they would take you out of your classroom. And she said, because I only have dim memories and I've talked to other people and we all have dim memories.

Nobody can remember what happened in the trailers. Really? Where did they said that to you or they said it was on Twitter and this woman put just put this thing on all these people. Oh, interesting. You know, and who knows if they're people or bots, but whatever. But, you know, comments underneath were like, yeah, that sort of happened to me, too. So this thing with the triplets, obviously trying to solve nature versus nurture, right? Like how much of this is just coded up, like comes with the egg in the instructions and how much is like influenced by this and that, but they've been, they've been running these studies to influence people.

And I think they have it close to perfected. Well, I, I did a podcast with Nick Bryant. He said they can, they can brainwash anybody. He's the guy who wrote the Franklin scandal. And he's very scholarly,

very by the book, by the numbers, by the get the facts first, right? Second. And he said they can brainwash anyone at will. If you can brainwash a Marine, you can brainwash a five year old. And by brainwash, what do we what do you mean?

As in you. So, for example, I would be willing to put even odds that this guy who killed the CEO was was a victim. Everything that story is not making sense at all. He goes from being a totally normal, happy guy to all of a sudden he's shooting people. I read a bunch of books on this. The book Chaos about Charles Manson. Rather efficiently and coldly, too, because he had that single shot thing where you had to do like this. When I wrote about it, and I didn't change it even though they had when i was submitting it to nick um the story had the

plot had thickened but i just left it alone um i called him a pro i said he was clearly shot by a pro and uh and that's what it looked like he he was he was a cold-blooded killer if you listen to podcasts by victims of the past like annika lucas or kathy o'brien or stuff annika in particular she talked she says we were all trained to kill that was like a basil level we were all trained to kill i realized what was going on in there and that is i was watching a show called the mind of a Dog where they breed and train working dogs. And a lot of them flunk out, but they have this like a half a dozen working dogs that they've trained. And they have customers who need training dogs.

And they match. They say, this blob Labrador here who barely moves on a good day, give that to this person who needs a blob Labrador who doesn't move, right? And they match them up, matching personalities. That's what they do with the brainwashed kids. So they run them all through a school. They run them all through and they go, this kid's an assassin. This kid, this chick is going to, she's adorable. She's going to be a sex worker.

You know, I think they do that. And when you dig deeply into this stuff, you find stuff that is not imaginable to 99% of the population. And you're not sure which of the examples are factual and which are made up. But there's enough debris out there where you go, some of this is true. So there are satanic... Satanism is a religion. It's not... it's a religion just like Catholicism, although I would say I would go Catholic before I'd go Satanist pretty quickly.

Good to know this. And it's multi-generational. So the kids are born into the cult, and some of them they can trace their Satanistic roots in their family back to the 18th century. You know, they've done the genealogical look and they go, there it is again. Right. There's a picture of grandpa with a goat's head, you know. And I remember there was this one woman. And again, oftentimes the victims who've been really tormented, what's tormenting? The worst one I heard was Annika Lucas. I think it was talking about how she complained about being hungry, and there were a bunch of kids there. And the guy leaves the room and comes back and brings a

partially rotted carcass of a boy, and they were forced to eat it. Now, is that story true? I don't know. There's so many of them out there. There's so many of them out there. There's a thing called 50 Voices, I think it's called, where five minutes each of 50 people talking about their experience. And you'll list, you go, okay, that's military. That's some perv network. That's you know, that's a family thing. You can kind of hear their stories vary, but some are clearly, clearly military intelligence targeted. And and and and what you what you know is that some percentage of what you're hearing is correct. And you know that it's beyond anything you could have imagined. I was not. Two, three years ago, I would have discounted this 90 percent. And today I'm probably discounting it like 15 percent or something.

Right. You know, because because, well, here's what I saw, Dave. During COVID, I watched weaponized programming come out and completely blow up people's brains. I call it the Sam Harris problem, right? TDS ruined Sam Harris's logic circuit, right? He can't form a logical circuit anymore. Right, right. And it blew out his moral circuits, too. And he blew up.

He blew up. He was never, his reputation was gone. But we saw this with, like, OBGYN saying, oh, no, pregnant women should take this shot. There was not a lick of logical circuitry. Hands of organizations. Hands of organizations. Yes. How did that happen?

That's weaponization of some, I'll call it mind control, right? But people just experience this. We're recording this just after the holidays. Some people listening to this had to bite their tongue over the holidays because of family members who have lost the logic circuit. Like they just can't comport with reality anymore. Like that derailment. There's a guy named Jason. I think it's Jason Kristoff.

I was on a Zoom call with him and he did some demonstration type stuff and he shows videos of stuff. And one of the tricks he does is they have an auditorium full of people, and he just talks. And then after he's chatting with them for a while, he says, I'd like you to draw a picture of something on the pad that's underneath your chair. And then they do it. And then he says, hold it up, and everyone's got a Christmas tree. And it's staggering. And it turns out that what he did while he was talking is he

kept slipping in christmas themes and tree themes and it sounded very matter of fact and disconnected yeah but by the end they had been subliminally they drew a christmas tree and and it's like they can get like an 85 hit rate on one of these. They did that. They did that. That's what they did. Well, and that's a little bit of that sort of suggestive programming. But I think it was more weaponized than that, right? So they ran focus groups. But that's the trick they use.

But that sort of thing. Yeah, go ahead. Right. But they ran the focus groups on like vaccine hesitancy. They were doing this even prior to any outbreaks, right? They wanted to know how do you minimize vaccine hesitancy because it's a terrible thing right and they found out that you know you have to you have to do the usual stuff right shame humiliation ostracization etc right you're going after the amygdala centers right so i just admit that that

that whole neuro-linguistic programming sub subliminal, suggesting, advertising, I think that's gotten exceptionally powerful. And we can see that in the people around us whose brains no longer function correctly. Yeah. Yeah. This should be very simple. So if you want to understand the world you're living in, I realized probably two years ago, I have to start reading. I love neuropsych, but I had to read more and I had to read more about authoritarianism. I had to read more about crowd psychology. Yeah. I had to I had to dig into these. So I I went back, you know, Hannah Arendt, Edward Bernays, Matthias Desmet, you know, you name them.

Exactly. And and you you really had to understand you have to understand how you get a population to self-destruct. And we did. And we did. So we have, but we're still doing it. But I guess the thesis I'm building towards is this is not, to me, an organic outcome for turning people go through arcs and cycles. Sometimes they lose their collective mind.

This feels intentional to me. It has an intentional component. Oh, it's variant. Well, so if you wanted to, let's say you're George Soros, who I used to not take seriously. I'm reading his biography right now, actually. It's dry.

If you wanted to take down the U.S., who are the biggest nationalists in the world? Name the three biggest nationalist leaders you can think of. What's it going to be? It's going to be, first of all, Trump. Second of all, Putin. Third of all, Viktor Orban. These are the three guys drawing fire, right?

Malay, Bitcoin guy down, and whatever, you know, Max Keiser's buddy. And these are the guys the globalists want gone. Now, if you are going to take down the United States, you're not going to pull battleships up to the shore. You're not going to shoot ICBMs. You're not going to do any of that crap. You're going to lose big if you try to do that. What you're going to do is you're just going to totally infect society. You're going to do it.

And the great example is— No borders, transgenderism. That's right. That's right. That's right. Hate each other. Hate each other. Magic holy shots that actually are not all that magic or holy. John Kerry, you remember the videos of him testifying to Congress in his fatigues about the atrocities that he witnessed in Vietnam, right? I'm going, what are the odds that John Kerry all of a sudden finds himself as a relative youngster testifying to Congress,

ends up being a presidential candidate, right? And then you go back, oh, wait a minute, there he is sitting in prep school, sitting right next to Bob Mueller, right? What are the odds of all this happening, right? And Sam Ruski said, if you listen to Kerry's speech, you realize it was almost verbatim what we were planting in the heads of people. Almost verbatim. Kerry's testimony about the atrocities. He said, we invented all that shit. And so they duped Kerry. And, you know, Greta Thunberg.

And, you know, there's a girl before Greta about 20 years ago who was spewing this shit. And she was stylistically identical to Greta. They say that if you want to brainwash parents, use teenage girls. Teenage girls are the best. Oh, remember how they're stabbing kids in the incubators in Kuwait? Yeah, oh, yeah. Teenage girl told us about that. A teenage girl told us about that.

I remember her. So if you want to destroy the United States, you will get us to destroy ourselves. If you're George Soros, you pay for a lot of guys like, you know, Alvin Bragg and Fannie Willis and various players like that. Elon jumped in and he said, you do not need to change the laws, you need to change the way they're enforced. And you put a quote in, which I hadn't seen before. He also said, in my opinion, Soros fundamentally hates humanity. That's right. That's right.

Yeah. I'm still trying to figure out Elon. I think Elon is simultaneously deep state and couldn't give a shit about the deep state. How do you hold those two thoughts? Well, because I think he's so smart and his dream of going to Mars and stuff, and he dreams about changing the world. And the deep state likes his dreams. But I don't think they can control him.

And I think he's too much on the spectrum. I think he's causing a real trouble. He's been causing him troubles all along, but they did control him. But now he's worth $400 billion. That's hard to control. That's hard to control. That's hard to control. And then you get the left. And I write harshly, I try to be forgiving, but I write about the left-leaning voters.

And I said, you have to demand more. And you got duped. And you have to quit blaming the right for the problems that have been created. You have more overlap with the right within the people you're voting for. You have more overlap with the J6ers than you realize. And I said, and if at some point you have to march on Washington, the right will back you. Right? We will back you. We don't want to be on the other team. Psychologists did studies and they looked at, they designed tests to determine whether,

by CIA, right? How good the left-leaning people, left of center, right of center people are able to walk around the shoes of their opponents, able to steel man arguments. And the right was good and the left was not. The left could not. So by example, this is the example I used to say, I think us Trump supporters, which by the way, I was very reluctant to support Trump in 16, but they gave me no choice. And I said, OK, but fuck it. Trump 2016. Right. Bumper sticker. Much more enthusiastic about Trump now. He's matured. He's matured a lot. Do you think that was a real assassination attempt in Butler?

I think it had to be. It's too close. Yeah. It wasn that a real assassination attempt in Butler? I think it had to be. It was too close. Yeah. It wasn't a real good one. No. I think it was real. And the guy was certainly not a soloist.

No, no, I don't believe so. I don't believe so. I don't even know why you and John Cullen went at it on the shooting. I don't want to talk too much about it, but the Mueller story is completely crazy, right? That story is so full of bullshit, even though I think he tried to kill him. The story is so full of crap, and I think the Ryan Ruth story is a complete farce. It is, but nobody on either side is investigating it. That's why I backed off of it, because I thought the right would be inflamed by this but you you and colin tried to feed information you and colin were both trying to feed information to to uh um to to to the right

to do something but but they don't want to because they're part of the problem. And so... But did Trump arise a changed man? Did he come up off the dais with a new mission, a sense of mortality and legacy? I think he already had it. I think he was already showing it. I think all the shit they did to him, as I said, they did the impossible.

They turned Donald Trump into a victim. How do you do that? How do you turn Donald Trump into a victim? I don't know. But I think he had already figured out that to be great, he had to do great things. I think he'd figured his was he weaponized narcissism. And and then when they tried to kill him, I got a figure that he said, OK, the gloves are not coming off. Now, my role in history now is bigger than me. And so and he's hiring people who every one of his appointments has a bite mark in their ass from being treated poorly by the system. Every last one of his appointments has some sort of grudge that would make them willing to battle with the exception of Rubio.

But even the Rubio, I encourage Trump supporters to not say, oh, I hate this appointment. I hate this. Stand back and ask, look, the appointment probably got vetted by his inner circle. He appointed that person for a reason. What is the reason? And it's constructive. And if you say, well, tell me about Rubio. He's terrible. Well, first of all, I can imagine Trump sitting down with Rubio saying, here's what I need. If you can't do it, I'll fire your ass so fast you'll know what happened. So are you game or not? Can you play this game? I thought that was

Adelson money maybe pulled that string, but what do I know? Could be, but also don't forget that he's going to be deporting people to countries and Rubio speaks fluent South American Spanish. He speaks Spanish like a South American. It's the rat-a-tat-tat Spanish. Well, you know, I went down to the Darien Gap with Brett and Michael Young and all that. That must have been fun.

They're not all coming from Spanish countries. No, no, but that's going to be the path, right? No, I totally understand that. The other thing they've done is they've pushed away, I mentioned that we traded Liz Cheney and, who was the other one, Kinzer, and got Gabbard and Kennedy. And then I said, there's rumors of a trade in which we're going to get Fetterman and and Eric Adams of New York. And we're trading we're trading Mitch McConnell and Denny Hastert. So I would like to see the J6 committee get charged with perjury.

Absolutely. Those guys I'd like to see strung up from. I also, I don't know if other people thought of this, but I realized that Chad's, I was like, nah. So I talk about Gore getting hung by his chads. So I did an odd thing, by the way, in this last chapter. I've been trying to think about what the election means. And I realized going through it blow by blow by blow was unconstructive. So actually what I've written is actually a history of modern elections,

starting with I defined the beginning of the modern election as Woodrow Wilson, 1912, when he brought in the bureaucratic state. And the Federal Reserve, amongst other notable achievements. And World War I. Great guy, great guy. Great guy. And then I go through the various presidents and I sort of highlight when I can

what douchebags they were, sort of to remind us we've elected douchebags a lot, right? They're not rare. But some of them I hit, like I give Carter a total break. I said, right guy, wrong time. He got hosed. I said, sorry, you didn't get the break on that one. And Herbert Hoover, for example, I think was the most qualified president in history.

He inherited the depression. And then I worked my way towards, and then in that context, I then present 2020. I say in 2016, the Democratic Party started to self-destruct when Hillary wrote over Bernie against the will. And it was a hostile takeover of the Democratic Party and Clinton's crime syndicate and shit like that. I'd already built that up. But Clinton was a very powerful president and a good candidate. And so the Democratic Party was wise. I think they were throwing him away. I think Bush was polling at 91% after the Gulf War.

I think they said, you know, give it to that hick in Arkansas. No one's going to beat Bush. And then he did. And I pointed out, Clinton playing saxophone on Arsenio Hall was kind of the beginning of a new era. Because no presidential candidate would have done that. Now they're doing podcasts and Twitter and they're out there.

They're laying it out there in McDonald's gags and things like that. The other thing I emphasize in 2024 was the importance of memes. The left can't meme. No, they just can't. They're terrible at it. They can't. They're terrible. It's hard to be a victim and laugh, right?

And the meme team, the Franzermemes, Brendan Dilley, while Trump was getting the crap kicked out of him, and it was very demoralizing for everyone on the right except for Trump, he was anti-fragile at a level that no one could have believed. The meme team just kept banging away. And the meme that pointed this out to me was the one where it shows a picture of, now Trump was a convicted felon and Vance is a hillbilly. These are talking points for the left if they want to use them, right? And the meme that caught my attention on this was a picture with aviator glasses looking super cool that says, I'm voting for the felon and the hillbilly. And I go, with

one meme, they just wiped out their talking points. We are proud of the fact I'm voting for a felon and a hillbilly. The left could never do that. I don't see memes on the left and I'm voting for for the slut, right? And so the meme team, while the populace was at its darkest watching Trump get really victimized, the meme team just kept blocking and tackling the whole way. And I got a picture of Brendan Dilley at the post-election rally, kind of standing there looking with this faraway look. And I said, I know what he's thinking. He's thinking, we did this. We fucking did this. And I think that the importance of the memes cannot. And I hear rumors are trying to come up

with a left-wing version of Joe Rogan. And I go, he was your left-wing version of Joe Rogan. I said, you pushed him away. They have no understanding that you don't create a Joe Rogan. They think they can just invent a Joe Rogan and market it like Rachel Maddow, right? They don't get it. They don't understand. They never understand what they are up against. I use the McDonald's juxtaposed with with the meme in which it says Kamala's comeback to the McDonald's thing is she's going to do five guys.

And so the left, the left never, never understood what they were up against. Nobody can have just five. You know, the memes write themselves. Now, the other thing is, do you remember when Trump called the judge, what a moron? Yeah. So Trump says, what a moron to a judge. Now, who does that? I said, you did not understand who you were up against based on this dialogue. He says, what a moron to a judge. Now, who does that? I said, you did not understand who you were up against based on this dialogue.

He says, what a moron. And Merchant says, that's contempt, $3,000. And Trump says, I said three words. And Merchant says, that's contempt. And Trump pulls out his wallet and starts going through it I I've lived a lifetime for this comeback to come to me And that I've never had one like this It's pulled out as well as looking through it and Mershon sit sort of calms the fuck down and they say come does this you?

Don't have to pay me now and Trump says I'm looking to see if I have enough money to pay for two more words. And I'm going, oh, oh, my God. Oh, my God. Oh, my God. That's right up there with you'd be in prison in the debate, right? Oh, my God. They never understood. They they they never understood to take Trump seriously, but not literally. Mm hmm. They thought that they thought they could get that. And as I said, they thought he was playing checkers and they were playing chess. They said he just kicked your ass and checkers. Mm hmm.

So in 2016, Trump was great on the campaign trail. You'd be in prison. the feds blowing bubbles, and then he gets in office. And of course, he appoints like swamp creatures and does none of that. Right. Do you think it's you think you think it might be different this time that you think he's matured? He's a changed man. Well, it's not just that he now knows who he can trust.

Yeah. So he was negotiating with all those stupid appointments. He was trying to find a way to tame the swap through negotiation. And when he went bold in it, it's like, oh, just, you know, right? Just shoot me now, right? He, over the next eight years, was able to figure out who was really on his team and who was not. And so now you look at his appointments, I go, these are going to be loyal people.

Bobby Kennedy wanted to be president, had no chance. He is in a position, he will be in a position of greater power. He will be king of pharma. He couldn't have dreamed of this happening. Tulsi Gabbard went from being a Democratic candidate to being head of whatever the hell you call that thing, right? Oh my God, this is team of rivals stuff, right? So yes, he's not only changed, but now he doesn't have to use his family as his inner circle. Yeah. Well, I hope I hope things are going to be different because, you know, my view here is, first off, I think he's in for a really rough ride.

I thought this for the last couple of presidents just because I didn't know how they could continue to kick the can. They have surprised me with their financial. Dave, if you took 2000, Chris, and said, hey, Chris, the Fed's going to print up like $4 trillion one year, I would have said, get out of here. You're nuts. $700 billion. $30 billion was breathtaking when they did the Bear Stearns thing. $30 billion sucked the auction out of the room. And now that's like, oh, that's a bad afternoon.

Yes. And nobody seems to notice or blink that much. But it feels like we're getting to the end of this rope. What do you think, what are the chances that Trump faces a massive economic slash fiscal slash monetary something or other? Guaranteed. He wants it soon. The sooner he has it it the sooner he can hang it on biden yep the longer he's in office without it the more it will be hung on him rather than bite you can say look biden left me a mess this is it this is the mess so so he wants it now which by the way things he's uttered in public suggest he knows this.

Yeah. Because they talk about the problems. He says, you know, this is all not going to be that fixable. The other thing he did, he did something that no one noticed. Then finally, finally, I was talking to a counselor and he noticed it. And then I've been hearing other people notice it. He looks different. They've done a tonal facelift on him. They decolored his hair. He now looks like an older man. He's got whiter hair, not orange crap. It's not this big, funny dude sticking out. He's not a caricature anymore. He looks more presidential. I don't think it's just my bias. And other people have noticed this. The other

thing he's done is he, despite the taking over Greenland, Canada and the Panama Canal, that kind of upsets this theory, but he stopped blurting out bizarre shit. And I think the reason was, is because Kamala was self-destructing. That's when you shut up. And he knew it. And Jim says, by the way, he says, Trump also used to rock around and stuff. And he says he stopped that. Now, Kamala quit cackling, to her credit,

because she has all these fragmented personalities. And so she just went to another one. And what was with the Kamala, that last video she did where she looked shit-faced and disheveled? She was shit-faced and disheveled. But someone filmed it and someone posted it. I know. What an accident. That wasn't her.

She wasn't sitting in her car doing this, right? That wasn't her. I wrote about Fanone, that cop who testified at the J6 trial where he was the one who talked about how horrible January 6 was. The January 6 crowd, despite the fact there were some scuffles, was the most cop-friendly crowd ever. You had 100,000 people who all support the police. Yep. Until the police started firing rubber bullets and pepper balls into the crowd. That angered them. Yeah, exactly.

But Fanone was talking about how he's peeing in his pants and this and that. And then I've got pictures of him with various key players like Pelosi and what's-her-face, the Hollywood chick, and Robert De Niro. And I said he was one of the cool kids. He can't get a job at Costco now because he says they think I'm a traitor. And I said, Michael, you are a traitor. And so he talked about how he wasted all this time. He says they can give me money they can't buy me. He got drunker than shit on election night and spewed to a reporter he should have zipped it.

It wasn't a good night for him. And he said all these things. And one of them, he says, I could have just been riding Pornhub the whole time. What I wrote was, I was so proud of this. I said, don't put down Pornhub. I hear they're looking for fresh talent. So this is, you know, you got to laugh. The world looks like an awful, awful place, but I got to find some way to laugh at it.

What about that limited hangout of the FBI finally admitting they may have had some confidential human sources, some CHSs in the J6 audience. There's some perjury charges behind that one, aren't there? There should be. But do you think is that a trickle truth? It's like, oh, no, baby, I didn't. Oh, yeah, I saw her. We only kissed. OK. Just the tip. I don't think anything will come of that. I think it's being used for a purpose, but it will stop before they actually – I mean we – But if Cash Patel gets in there, here's what you want. Okay, I like to fantasize. So my fantasy is that Cash gets in there and he starts to clean house a little. They're looking for fresh talent of Pornhub girls. I hear that. I heard that just recently. But you know what I would do if I was in his shoes? I would say, I'm just declassifying, excuse me, I'm declassing all the JFK files.

And we're going to let the chips fall where they may. And oh, no, we're going to have to strip the Dulles family name off the airport, the bridge, and the highway. 1,000 hours of tape from January 6th. And by the way, Tucker had it. He didn't release it. I know. Adams had it. Didn't release it. What's the way, Tucker had it, he didn't release it. I know. Adams had it, didn't release it.

What's his face? McCarthy had it, Who opened the big doors? Who opened the doors? We just need to know who opened the doors. So a lot of people should have released it,

didn't. So that's disturbing. Right. Tucker might have lost it when he got fired. He might have lost it. But that should have been made, that should have been

open to the public ASAP. That should have just been purged. And it didn't get there. But do you think if they start opening some things up that the swamp creatures go, oh, because, you know, if I was doing this, you open up the JFK files, you know, you cough that national hairball up finally. And then you say, and I'm about to do the same to 9-11. But for a limited time only, we have 10 spots for whistleblowers to come forward. That's it. Once our roster is full, no more shall be accepted to the program. Well, Trump's such a dealmaker, he also could be sitting on it to get other things that are less

in our, at the top of our list, right? If Trump screws up, I'll tell you what he'll screw up. He'll screw up trying to juice the economy. That will be his downfall. If he tries to somehow take a 200% overvalued market and pump it further, he's not good economically because of his selfishness. Yeah, I could agree with that. But he doesn't want the markets to fall.

He doesn't want, you know, a recession. He's going to try like crazy to prevent those things. But everyone else does. So I think he's going to, I'm hoping he loses that battle. I'm hoping, I'm hoping they, I'm hoping they're stupid enough to think that if they start dropping bombs in January, that they will somehow win. That's not a win for them. I think that's a loss. I think that's in Trump's interest for those bombs to drop, especially if it looks garish. Well, I mean, we're seeing some of those just yesterday. I think they shrugged and said,

oh, yeah, we might have had 600, 800, maybe a million too many jobs under Biden. So everything under Biden was fraudulent. You want to know what? Three million overstated jobs. That's pretty fraudulent. Yeah, a little bit. What do you think the chances are maybe that even the EIA has been overstating, you know, amazing U.S. oil production? Or that could be.

I mean, what statistics aren't complete BS at this point, which you suspect? Well, the ag statistics coming out of the EIAO. No, it was election year. Everything was fake. Everything was fake. Everything was fake. It was all fake. And now it's going to be real. And the average person, I go to the store, and I'm going to guess you're doing pretty well for yourself.

I'm going to guess the Chris Martinson brand name has been good to you. And for those of you who haven't known you for many, many years, we go back 25 years probably. Casually, and then around 2009, it picked up a little momentum. But I go into the store, and I look at the cost of, you know, sliced turkey and it blows my, by the way, I'm glad you appreciated the substitution hedonic paradox. I did. That was awesome. Well, I, so I wrote that and, and one of my copy editors didn't get it and I go, okay, I screwed that up because he tried to fix it in the wrong way. And so I worked on that pretty hard. And I realized you got to get that one right. So for anybody listening, we're talking about the sausage-making aspect of inflation statistics.

The CPI. Yeah, the CPI. How it's put together. And there was this Boskin Commission where they basically tortured it completely to death, right, in the service of understating inflation, because that works for government. It makes GDP look larger. And they posted their results on the Social Security website, right, where they benefit. Self-serving claptrap.

But two of the tricks out of three, one substitution, one sodonic substitution, is you go to the store, you're like, I can't afford steak. I'll buy chicken. That's what they call it, substitution. And then they just measure the price of the lower-priced thing and say, that must have been what Dave bought today, right? Hedonics is, well, for the pleasure of is the root, but I mean, that means that, you know, because you have more buttons on your washing machine, it must be worth more. But you're paying, yeah. So it's actually like the price went down.

You know, Dave, according to the BLS, a car costs the same today as 1997. I do. I do. It's insane. It's gone up 0% in price. Cars cost exactly the same today as they did in 1998. I've been railing on this one since 2009, I think. I mean, this stuff, the inflation. But hedonics and substitution ought to

be offsetting, was your point, right? That's right, precisely, to the penny. So if you buy chicken, which according to the free market is half the price of sirloin, then you may have cut what would have been... I substituted, but I'm not as happy. You substituted to save half the price,

but by the free market, it's half as good. Half as good. They should precisely cancel. And the other thing was wailing on all the different. By the way, the thing that was also interesting, I think, was the thing I got from Rosie, where he pointed out that economists focus on prices that can go up or down because they want to study prices of things that tell you about the state of the economy. As I point out, postage stamp prices don't tell you about the state of the economy. They always go up. And so they'll tend to leave those out. And I'm going, you know, this makes sense. You should tell us you're lying in this way, or you should explain

what you're not counting and why, because you're not doing a good job. But the things that can go up and down in price have information content, economic content, and that, it turns out, I think I listed probably 30 metrics of inflation, and I said it pretty much gives the Fed something to do whatever they want to do anyways. Yeah. So in any case, you know, the world's so screwed up. But the little guy's hurting. That's the key.

Yeah. The little guy's suffering. I was at the bank today, and I asked the teller and another teller, I said, inflation, up or down? And they both said, up. Oh, everyone says up. Up, right? And everywhere I i go i get the same answer i'm careful to ask is it still going up and i get the answer yes so this idea that inflation is hot that the prices are high but inflation is not driving them higher this crap the guys who at

restaurants and diners say no our cost inputs are going up. They keep going up. Nope. Fish and chips for two is now $70. Anytime you go out, it's a $70 bill. Minimum. Did you happen to catch that ad from TIA craft that was 30 years old and there's this woman looking at the camera.

That was amazing. She said, 30 years, a regular car can cost $65,000. And she listed a bunch of things that what they could cost. They go, you had the answer, didn't you? Dead nuts on, 30 years. And it's almost as though they knew that they would inflate it away at that rate. It's almost so whoever wrote that ad knew that they were going to. I think the Fed looked at 16 percent interest rates in 81 and said, if we play this right, we can get decades of dropping rates. Yeah, but that those decades are over. So here we are over. We're at the end of the chain.

Well, I think the debt. The other thing I want to draw attention to is the CCTS. Please, let's do that. So what is the CCTS, Dave? So I talk about Michael Shermer debunking conspiracies. I hate the word debunk because it assumes an end result, and then you go to prove it. And that's not the way you should be thinking. You write to achieve wisdom. So I created the column conspiracy theory list, a scoring system. And I gave 30 conspiracy theories, and you gave yourself zero

points if you didn't agree. I opened up with 9-11 was an inside job, just to give you an idea of the kind of thing. And if you don't agree, then you give yourself a zero. If you're worried that it might be true, there's this little voice in your head saying maybe, then you get a one. And if you say yes or hell yes, you get a two. And, of course, you and I got twos on that. And I listed 30 of them, including some that were designed to be sanity checks like Flat Earth, Lindsey Graham is the love child of Nancy Pelosi, and Peanut the squirrel. So if you guessed two on that one, you need to get professional help. Right.

So a score of 60, 60 was the max meant you were an unstable person. A score of zero meant that you're not paying attention to anything. Also unstable. Also unstable. Right. And then what you're supposed to do is go through the test and give yourself a score. So last night, somehow that came up, and I said, okay, let's take it. I'll read it to you. Each of you, take a post-it and keep score. My wife scored 21.

My son's main squeeze scored 12. But he pays attention to nothing, so it doesn't shock me. My son scored 40, just like me. And the acorn fell close to that tree. 42. You're 42. What it shows, what I want, the purpose of it was is to get people to say, you know, apparently I am a conspiracy theorist because I didn't score zero,

and I've been for years been banging the drum. If you don't believe men and women of wealth and power are conspiring, you really have to think that one through more carefully. Then you don't understand business as a starting point. You don't understand anything. You don't understand anything. You don't understand old guilds from the past. You don't understand anything. None of it. I'm fighting the fight against the CIA's pejorative use of conspiracy theorists. 1967 memo, you know the drill. Yeah. Michael Shermer, I consider him, he may be well-meaning, but I think he's an idiot. I don't think he's well-meaning. He's now branded himself

as the big debunker, which makes him an idiot if he's sincere. And it makes him a shill. It means he should get a job on MSNBC or something. But even Joe Rogan said he didn't meet it. He said Shermer, who was one of his guests, said he hasn't run into a theory he didn't want to debunk. And so I don't know what a good number is. I do know that if you're below 20, you're really not paying attention. But I think those are the people who are not paying attention. I have a friend who does pay attention who would score below 20 because he just dismisses all

conspiracy theories. He just blows them out, says, no, you know, Hanlon's razor, you know, don't chalk something off to nefarious behavior that can be chalked off to incompetence. I go, yeah, Collins' razor, Hanlon was in the CIA. So, no, no, nefarious behavior is motivated, right? Well, it's just how humans are wired. It's just how they are, right? Well, it's just how humans are wired. It's just how they are, right? So when it came to election fraud in 2020, I've been on these electronic machines since Gore, okay? So it's been a while.

I haven't trusted them ever since because if you give me, Dave, these two conditions, something that has something at stake with humans involved where you can get away scot-free, guaranteed, it's going to happen. Absolutely. Right? So the scary thing, for example, are the self-transmitting vaccines.

Holy moly. Aerosol-delivered vaccines. Holy moly. You're not going to have a say. Some clown in some faraway land could infect the entire world with a vaccine. We could just, some guy. Well, when you say vaccine, so, you know. Yeah, I know, it's not a vaccine, yes.

In the biological circles, what is life? And so if life is genetic instructions that has the capability for self-replication, then by definition, these self-amplifying vaccines fit the definition, particularly if they can package up in exosomes and be released and taken up by somebody else. At that point, you have just created a new viral life form. The way that nature does it is cat and mouse very carefully. We all duke it out, millions of years. You're saying we're going to jump to the head of the line without any mathematical, you know, none of this combinatorial mathematics, like, you know, working it out. We're just going to, like, disrupt the human algorithm of life. We did anthropogenic epigenetics.

Anthropogenic epigenetics. That's what we just did. Epigenetics is where you alter the dna structure after conception and it was something that was believed not possible and then they discovered that holocaust victims had properties that that you couldn't explain by just sort of a a nurture or whatever and they think that they epigenetically survive by somehow altering their DNA, their mitochondria, who knows what. And then it passed to future generations.

And that's when epigenetics is real. It is happening. And I'd like to talk to Weinstein about this because I bet you he's read a lot about this. And we just basically inoculated the entire human species with a sequence, a very, you and I both know how many different sequences got put out there, right? Have you ever done the math to figure out based on the specs of the vaccine, how many different sequences? It's something like, you know, 50 factorial or something different sequences

that could be in those vaccines. But we just shot them into the germ cells of reproduction age women and men. We didn't just, so this is horrifying. So we're seeing this come out with the TGA in Australia and also the FDA and a little bit EMA, but they'll get there where they're going, oh, but, you know, we have limits for how much DNA can be in a shot. But they never did it, Dave, when you put the DNA inside a transfection vehicle. So it's one thing to inject DNA and it's floating around naked in the bloodstream. Great. Have 10 nanograms per ml. Waiting to die. Waiting to degrade, right?

Life has found a way not to take DNA in because that's a no-no, right? So because every time you eat, you're taking DNA. So the idea that they're like, oh, we have a circulating limit. Like, no, no, no, no, no. This is in a transfection vehicle. So it bypasses nature, gets pumped into the cell. Totally different. That's like saying, Dave, I have a pocket full of bullets versus somebody shot bullets

into me. Right. Totally different. Right. Totally different scenarios. Right. And they knew this. And they knew this.

They knew this. In fact, I think they may have optimized whatever it is they wanted out of this experiment by actually putting in the transfection agent. I'm not sure that it was, I'm not sure it just got out of the corral. They may have said, look, we can get the vaccine response we want if we put in a reverse transcriptase. Now, the other possibility, which I got from one of my biochem colleagues, is that something like a cross infection with another virus could use that machinery to bring the mRNA into the cells and things like that. So there's other ways by which the DNA. So I'm on a Zoom call with my doc Zoom group, which I was with for.

I stopped in sporadically because they do three hour podcasts twice a week. And I'm going, I don't have this in me. But I'm having a long chat with Ryan Cole, who everyone knows. And I said, Ryan, this is why two years ago, I said, what are the odds that the vaccine got into our DNA? And he said, 100%. And I go, is there an error bar on that estimate? He said, not really. Ryan, by the way, was vaccine injured. I don't know if you knew that. He was vaccine injured. Yeah. He said he can only

work a couple hours before shit happens. And so I have no trouble with the conclusion. I can't say it's 100% confidence that the vaccine killed and injured more people than the disease. Under 50 guaranteed, 100%. No error bar.

Yeah, because no one died from the disease under 50. Correct. And they're vaccinating six-month-old kids. Still, what should be done with the people pushing that besides Hund from the Chads? No, they're committing crimes against humanity. Yes. They're mass murderers. By the way, when we brought rocket scientists over from Germany, that made sense, right?

It made total sense. What didn't make as much sense is we brought all those sick fucking doctors over too, Dr. Mengele, who might have made it. We don't know. That one's unknown. But we brought a whole bunch of Dr. Mengele clones to the United States because we wanted to know what they learned in those twisted experiments. And so we put them in Fort Detrick and said, tell us.

You now have a job. Yeah. Yeah. The whole idea of good guys, bad guys, it kind of broke down for me, you know, somewhere in the last few years. Just a little bit. In fact, you wouldn't even know for sure whether our administration is working with Putin to have the war in Ukraine.

You wouldn't be able to bet your life on that. Nope. Now, if I had to bet my life, I'd probably bet no, but it certainly wouldn't be a high confidence bet. I say, look, there's too many things, partially because I think our politicians are all completely being blackmailed. I think they're blackmailed from head to toe. Great interview by a guy named Janda. You know this Janda interview?

He was an undersecretary of who the hell knows in the Bush administration. He was in some medical, he's an orthopedic surgeon. He got some low-level appointment. And he's doing this interview, and he talks about how he had dinner with a lunch with an insider who said, I can't remember his first name, so we'll say Dr. Janda, whatever you do, do not go to a private party. And he said, why? And he said, because you will wake up in the morning, fuzzy as hell, not remembering anything, and there will be a Polaroid clipped to your shirt with you and a five-year-old. And then my brain exploded. I realized you don't even have to be immoral to be captured by the blackmail circuit.

They literally just have to. And Janda said he was told not only don't go to a private party, he says even if it's at the vice president's house, which by the way was Cheney. And so you're sitting there going, so they could take a perfectly honest person and they own them. Now you could say, oh, I'll fight it. And I go, yeah, who's going to win that fight? And so then I'm listening to a survivor talking about how she said, I've never seen a grown man look so crushed. She said, here was this U.S. senator who was told she was a survivor. She was there. She said, he was told you're going to have sex with this five-year-old.

Don't worry. She'll be OK. Or we're going to kill these three kids right here, right now. You make the call. And she said he was a broken man. He had sex with the five-year-old. And someone said, who was it? And she said, it was Bernie Sanders.

And I'm going, what's the fact? Is that true? Is it not true? I don't know. But if you're faced with that choice, what do you do? Well, I was convinced beyond a shadow of a doubt that watching the DNC crush Bernie over and over again, right? And he shows up with a black eye after losing the primary that one year. But got a lake house, right? Again, disconnected facts, you know, all these things. But watching how much they hated Tulsi Gabbard tells me that Tulsi probably doesn't have a control file.

Like they tried. Because otherwise, the DNC should have loved her. Woman, minority, army vet, all these things, right? I think women are a harder control file than men. I think the men are probably easier to somehow do it. For one thing, I don't think I'd believe it if Tulsi had a pedophilia relationship. I just don't think I'd buy it.

But I think that's why they hated her. It was an antibody reaction to the idea that I think she actually wasn't corrupt, wasn't up to their standards, right? You had to be a Debbie Wasserman Schmidt for them to love you in the DNC. So I started watching Tulsi probably 15 years ago before she was in any national race. And I said, you got to watch this chick from Hawaii.

She's very impressive. She's very impressive. And that was correct. I was actually not a strong opponent of Elizabeth Warren until she turned totally swap creature. Oh, she's awful of late. She's just terrible now. Well, of late means like eight years. But I think when she started, she was OK.

I used to chat with her late at night, swapping emails. I once posted a screen grab of my email file showing Elizabeth Warren emails with titles. And some journalist says, you've got to spill those. I go, no. No, I'm just teasing you. You're not getting them. Of course, they probably hacked my email. And I think she was OK, but she took to the swamp like no tomorrow. What is that process, do you think? I don't know. I think power was okay, but she took to the swamp like no tomorrow. What is that process, do you think?

I don't know. I think power corrupts. I think it's pretty close to that. You're one of the cool kids. Yeah. Yeah, but seeing, I mean, her most recent thing that made me, you know, throw up in my mouth a little was like, oh, RFK Jr., you know, he wants kids to have polio again.

Right. It's like, no, he's saying this new thing where we used to give the oral and now it's injectable. You only checked for four side effects for three days. We want the same. Did you see what Aaron Seary said? He said, if we tried to get that same vaccine into chickens, we have to study them for 28 days. We think we should at least have chicken-level quality control for our kids. There was a post of him deposing a woman who was big in the vaccine world, and watching her get angry at his questions was really precious. Oh, I remember that one. That was great.

A week or two ago, I got posted. I don't know when it was done. So I was watching a TED Talk before COVID. It was in the summer before COVID. I was reading my immunology. I was reading my vaccine for like 15 years, but only casually, only because it was, and it seemed very straightforward. And they talked about how hard they are to make without killing people. It was very honest, actually. And then I'm watching this TED talk and this woman talking about the polio vaccine. And she said something that I didn't quite understand, but I said, oh, that's interesting.

She said, if you get the live vaccine, which you know you got because you only got one of them, versus the dead vaccine, which you get two. She said, we've been vaccinating kids in Africa for several decades now. But what I'll tell you is the live vaccine imparts immunological benefits that the dead vaccine doesn't impart. So if you're going to get the polio vaccine, get the live one. And I said, oh, I don't know why this would be true, but I'm thinking, OK, that makes sense. Maybe it's the bigger, the entire immunological response rather than just a partial response, right? Well, four years into COVID, it finally clicked.

They go, no, the dead vaccine was breaking down the immune system. The live vaccine was not. They were using the wrong metric. Now, the other thing I've heard, I think I got this from, I can't remember from whom, the polio vaccine came out. Supposedly, the polio vaccine was 97% symptom-free. Admittedly, the symptoms were awful, right? But apparently the polio vaccine came in real late in the polio epidemic. This idea that it stemmed this epidemic, really, it just caught the tail end of the thing.

Well, yeah, have you read The Moth and the Iron Lung by Forrest Moriti? No. Oh, it's awesome. He's great. He has two. One's called The Autism Vaccine, which describes it's awesome. He's great. He has two. One's called The Autism Vaccine, which describes it's absolutely essential. If you're at all interested in vaccines, you have to read that one because it takes you from the era where we had zero to one. What was that second book?

What was that one? That one's called The Autism Vaccine. It's brilliant. It makes me 98% sure that most of what we're seeing is a result of the aluminum salts that we put in as the adjuvants. And then the next one is called the moth in the iron lung, where he says, look, polio was this little tiny little thing. And then we had this huge epidemic at the same time that we started using these organophosphate pesticides that broke down the barrier that allowed these viruses to actually cross into the CNS where they could actually do damage. I'll tell you what the nightmare is going to be. I'll tell you the nightmare.

We are going to have a colossal nightmare on these weight reduction drugs. I think so. I think so. There's no cheating. I said to Brett, who's so famous now, I don't need to give you his last name. I said, that's going to be a disaster, and they're going to have to pull it. He says, well, I agree, but it's a disaster, but I don't think they'll ever pull it. And I go, oh, that's a good point you make.

I was being naive, wasn't I? Wigovia? Wigovy? Wigovy? Wigovy, yeah. Have you seen Wigovia? Wigovie? Wigovie? Wigovie. Yeah. Have you seen Wigovie face? Oh, they get the POW look. Yeah.

They get the POW look. Right. It breaks down muscle, which, by the way, breaks down heart muscle, too. Got the raccoon eyes and the skeletal face. Oh, my God. It really looked like he came out of some baton death march. And they're putting out so much of it now. And then the best case scenario is they're giving it to kids so the kids aren't getting fat.

But the assumption is that if you're not fat, you're healthy when you're still eating Cheetos and Mountain Dew. I know. not fat you're healthy when you're still eating cheetos and mountain dew i know the fat is a phenotype that's saying by the way dude you're eating wrong so let's get rid of the fat part let's do let's do some limbo suction while we're at it i go this i've had to relearn this whole thing because i grew up in an era where where you could buy fat-free cookies because it must have been the fat that's why people are getting fat. I know. I know.

Had nothing to do with the carbs, right? Had nothing to do with the carbs. Nope. It was the fat. That's why people get fat. It was just like the stupidest thing ever. So I now actually eat almost entirely keto with lots of fat, and I eat lots of saturated fat, and I eat lots of cholesterol.

Here's the problem I'm having that I had with the keto is I, I, I found myself getting tired of, of the meal plan. I got to the point where I go, I don't want to look at another ribeye. When, when did you think you'd ever say that? Right. So, um, so I've gone to more of a, uh, I've gone to intermittent fasting, which I needed to do. I tend to like, I tend to do it like a baseball player where I touch the bag. And part of the reason, I have a friend who got to 700 pounds or something. I go, how do you get to 700 pounds? And then I go, one pound at a time, Dave, one pound at a time. And so I said, you got to touch the bag. So I have lost 40 pounds probably four times, but I keep touching the bag. And I also seem to camp out.

I don't seem to go up past a certain point. I seem to just stop once I get there, and I don't know what that's about. But now you've got these kids who are going to be skinny and unhealthy as hell, and not to mention all the damage being done to their biome. The biome. What a story the biome is. Holy cow. If we do anything in the next 50 years, we should make sure we understand the biome.

Well, there's that. And I think you saw that, you know, just recently Bernie Sanders finally found his stones again and said, what are you doing about red dye number three? And, you know, what about all these things? Bernie's got nothing to lose now. Right. Well, and like, well, we're studying it seriously now. They've known they took it off of cosmetics in 1990 because of the cancer effects. And they've known in Europe forever that it causes ADHD.

Kids. Right. they've known in europe forever that it causes adhd and kids hyperactivity we've known that done nothing about it and it's not like this dave it's not even like there's a big red dye number three industry it's a it's a waste byproduct of petroleum refining well i've been picking up on the fluoride and water story well who okay who pushed that though and why can't it can't have been well-meaning dentists who wanted less work. The phosphate industry. The phosphate industry. Why, though? Because it's a byproduct of the phosphate processing. Okay, so they just wanted somewhere to dump their byproduct?

Or make money off it. It's like, you know, when you look at a meatpacking factory, what part of the cow don't they use? Zero, right? Zero. They use every last fit. And so they needed to do something with the fluoride. Now, I don't know if that's true. What I do know is you can no longer ask your dentist. Right? I would have just asked my dentist. They would say, oh, yeah, it's well known that fluoride helps your teeth. I go, based on what? It was well known that autism wasn't caused by the vaccine.

Until I watched the movie Vaxxed, I go, bingo, that's a problem. The movie Vaxxed, that convinced me. Where, you know, people think autism is when the kid's not developing not developing and the parents are looking for some reason to explain why the kid's obviously not heading to Harvard. And they latch on to this idea and won't let it go. And I said, OK, that makes sense to me. No. What happens is your kid gets the MMR. That night he gets spiking fever and a rash.

And the next day he's gone. He doesn't make eye contact anymore. He's gone. He's done. He's rash and the next day he's gone he doesn't make eye contact anymore he's gone he's done he's finished the next day he's fucking gone i don't need a control experiment on that right you do that you see that two or three more times it's over it is over so after i realized that i'm with a friend who has a degree in animal science from Wisconsin. So I just say that because it means he's not a complete moron. And his son was adult autism. And he just out of the blue made reference to the vaccine. And I go, tell me about it. What about the vaccine? Because I already knew the story, but I want to hear his side. He said, oh, yeah, my son got it from the MMR vaccine. I said, tell me about it. And he said, well, he got the vaccine that night. He got sicker than hell, and he was gone after that.

It just happened overnight. Yep. And Steve Kirsch did an informal survey but said, hey, tell me if, you know, when you suspected your kid got autism, was it before or after or in the context of a wellness visit? His kid has autism? No, no. He asked, he polled all his people online and said if if your child got autism tell me about its timing relative to a wellness check none of them got autism before

the wellness check almost all of them got it within a week after the so-called wellness i think there is some some diagnosing expansion going on so i think there are kids on spectra that probably are getting diagnosed but um but the number from 10,000 to one in 34. So it's totally different now. I mean, people come over for parties here and somebody just came from up the hill and they have a son. He's about 10, fully autistic, like just not like we didn't have them. Unfunctional, right? Non-functional, right? Making noises, flappy hands, unable to communicate. You know, parents just like on hover the whole time. We didn't have that when I was growing up. And the doctors tell the parents, you just didn't spot the symptoms.

And I go, you're telling me a parent wouldn't notice? If a kid went from being normal one day to totally gone the next, you're telling me the parents aren't qualified to make that call? That's insanity. Yeah. The parents know when the kid's bright-eyed and bushy-tailed. An 18-month-old kid is a genius, is a complete genius. To go from 18-month genius to unable to function in one day?

I don't think so. I don't think so. Who are you going to believe, me or your lying eyes, right? Right, exactly. Sharp as a tack, he is. Sharp as a tack. You're not qualified. We have lost faith in credential experts, which is a fundamental problem because we need them.

How are they going to win us back? I don't know. By the way, I've read a bunch of books on this degenerated, you know, the effect of cell phones. And I've read about transgender. What a nightmare that community is. These kids now are parent age. So these are kids who grew up getting addicted to their phones. And you say, well, how bad could the phone be? I said, OK, best analogy I've got. Put your kid in front of a slot machine in Vegas for 15 hours a day and see how they come out. Right. That's what you're doing with that phone. And and so that was a book by

Jonathan Haidt, who's been tracking this story. Abigail Schreier is the one who wrote a scary good book on the transgender thing, which I think is tied to the phone and tied to the internet because it's this contagion. It's a social contagion, but it's tied to the addiction too. And I told, as you read, I told a horror story. I said, imagine a 10, 11-year-old kid in his room with Adderall coursing through his veins, surfing Pornhub. I said, is the kid going to leave his room? Is the kid going to ever get a date? And then I said, if he does, do you want your daughter

beta testing his newfound skills from Pornhub? And the answer is no. And that's what we've done. So I think we're going to solve that one. I think we're going to take phones away from kids in schools completely soon. I think that's spreading. And you can't just take it out of the classroom because then they hit the hallway and open up their phones. You have to have them not on property so that they have eight hours a day of no phone. Yeah, I agree. And I think that'll

happen. I think that'll happen. I think the parents are going to figure this one out. The schools are going to figure it is happening. You know, then we have to give up our Noah Yuval Hariri sort of like pantheon. Oh, my technology is only ever good you know by the way i read his two books i thought they sucked before i knew that he was a psycho you know sapiens and the other yeah you read those yeah yeah yeah i just thought they sucked i thought that i go this guy's a blowhard yeah they were entertaining but i i didn't come out of it feeling like I had massively, you know, evolved my brain in any way. And I said, yeah, these are overrated. He has the whole technology, you know, we're going to be like gods now.

We'll rewrite the software of life. The point being that technology is only, it's a one-edged sword. And now we're starting to mature. They call themselves elites. They call themselves elites. Yes. But now I think we can mature a little and say technology has two sides. Obviously, you know, hacking the dopamine circuitry of children, it's entertaining, but it's not beneficial.

It's terrible. It's destructive. If you are a parent of a young kid and you're listening to this, I beg you to read Jonathan Haidt's book, and I beg you to read Abigail Schreier's book called The Indestructible Something or Other. The Indestructible Child. And and and and because you will not be ready for the day your kid gets off the school bus and tells you that they are of the opposite gender and you have no idea what you are up against trying to undo that conclusion. It is a massive, the partial successes are parents who throw their kid in a car and do a three-month cross-country journey looking at national parks and stuff like that. That's how you do it. You break the kid away from everything that they knew.

You make their life fun. You make it meaningful. And then you break them of the habit. And then you bring them to a better place. That's how you break them. Wow. Amazing. That's the only successes.

Because the transgender community is all over these kids and tells them, look, if your parents don't sign off, they don't love you. We love you. We are now your friends. We love you. And so they push away the parents. There are 19 states where if a therapist pushes back and says, well, let's first look at what's going on in your life, that's pushing back. You can lose your license in 19 states by pushing back. This is getting very serious.

And this can't be just organic. It's not organic. We've got the Pritzker family pushing it. We've got a few billion. This is Soros, CCP. This is who the hell knows. These are bad people. Break the family, break the bonds, break the borders, break the currency.

We're being systematically dismantled. I think people need to know that. And then, of course, Alex Saros is marrying Huma Abedin. It's like one of the seals has been broken in the Bible. Someone opened up the gates of hell. And what I said in that little write-up was I said, let's pray she's hit menopause, because we do not want the spawn of those two hitting the earth, or it will be an existential problem for humanity.

It already kind of is. Let's hope it doesn't get worse. It really is. It really is. It's really, that's, yeah. Well, I'm looking at the time. I know you got to go. I know I've kept you late.

Thank you so much for your time here. Yeah, I'm actually, i'm late to some sort of spaces podcast or something but i'll just join them in midstream okay well thank you thank you for being late to that really appreciate your time here we're talking with dave column of the year in review you're going to check it out at peak prosperity of course and uh we're getting that up on zero hedge we've sent it off to them they they always pick it up so we'll get it out as far as we can. So thank you, Dave. Appreciate it. Thank you. We'll carry on the conversation. As always, my pleasure.

This time next year.