Peak Prosperity - Property Tax Scams, Big Pharma Schemes, and Political Clashes

Episode Date: July 3, 2025

Chris and Evie discuss property taxes, financial mismanagement, national debt, and political discord, highlighting systemic issues and potential future disruptions.Click Here for the Peak Prosperity A...nnual Summit 2025

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Starting point is 00:00:00 The following is the audio version of a video released at peakprosperity.com. Visit peakprosperity.com to watch the video and to find other insightful content such as articles, discussion forums, and exclusive subscriber-only content. Hello everyone and welcome to this Signal Hour here with Evie. Hi, good afternoon everyone. It's so good to be back here with everybody. So we've got a really big show for you. As always, every Wednesday is a pretty big show. This is the signal hour where we are trying to find the signal in the noise. And boy,
Starting point is 00:00:33 do we have a lot of signal today for you. And this includes starting with something very near and dear to everybody's hearts, whether you rent or whether you own one way or the other, you're paying the property taxes. It's usually buried in your rent or you're paying it directly as a homeowner, which means honestly you're renting from the local government either way. Try not paying your property taxes. Find out who actually owns your house. It's not you. Surprise. Surprise. Surprise. So that's where we're going to start today with this. And we're at the looting stage of this particular story. That's how I increasingly see it.
Starting point is 00:01:06 What I care about, what Evie cares about, what the two of us are caring about over here, is we want everybody to be as resilient as possible. Because we think there is potentially some very disruptive times coming along. And by resilient, we don't just mean beans and bullets in the basement. Well, you could have those.
Starting point is 00:01:23 We mean home, health, wealth, community. Those are the four big areas that we look at. And so your health, Evie, actually can include your spiritual health, your emotional health. Actually, it's the foundation of it all. Yeah, right. It absolutely is. If you don't have those things, you really don't have anything at all. Nothing at all. Have all the beans and bullets and bunkers and bullion you want but if you're gonna fall apart. Yeah if you go crazy with stress so it's important to work on that every day. Every day. Well these are incredibly stressful times for a lot of people and contributing to that is the fact that we're just treated like tax donkeys, we're slaves. If you're on blood
Starting point is 00:02:00 pressure medication this is your warning tune out now. You're not gonna want to watch this part. You're just not going to want to watch this part. You're just not going to. So I just released this on July 1st today being the second so that would be yesterday this really important interview a second one I've done with Mitch Vexler out of Texas where he talks about how real estate taxes really are gigantic Ponzi scheme. Okay, so it's just it's really it's gotten pretty bad at this point in time. So I mean, I mean, what if I told you that property taxes are in every location that Mitch has studied so far, conducted fraudulently in terms of how the appraisal processes run. They operate actually indistinguishably from a massive Ponzi scheme.
Starting point is 00:02:43 they operate actually indistinguishably from a massive Ponzi scheme. Sound hyperbolic? Well, it's actually not. So today I wanna just cover very briefly the podcast with Mitch Vexler. You're going to hopefully go and watch it. You can watch it down there at that link. Just go to peak prosperity, it's free.
Starting point is 00:02:58 Just go check it out. But he talks about how the appraisal processes, they violate the laws, right? The very laws that they're supposedly governed by. He uses simple math, right? And there's just no possible way that these school bonds are ever gonna be paid back. Ever.
Starting point is 00:03:13 Ever, okay? And so here's one of the tables he started with here. So, Evie, what we're looking at here, he just, he goes to independent, he's in Texas, so these are over here, way over here on the left. The issuer would be, say, the Aledo independent, he's in Texas. So these are over here, way over here on the left. The issuer would be say the Aledo independent school district ISD. So Aledo it's town, it's a town of 31,000 people. Nine and a half thousand students, $367 million of debt outstanding.
Starting point is 00:03:38 What? Are you kidding? Totally not kidding. For a school district? Right. As if that was when you divide all the households by that debt, it's as if each household had an additional $205,000 HELOC mortgage that had been slapped on top of it that nobody told them about.
Starting point is 00:03:55 And if you were going to pay that back, and here he makes the assumption you're going to pay it back over 40 years at 6.5%, which are fair terms, right? We could argue maybe you should pay it back in 10 years or five, in which case this would be a much worse thing. But imagine if every household has an additional monthly payment of $2,205. That's how you read this table. And it just goes on and on and on and it gets worse and worse and worse. Right? Oh my God. And most people probably are not aware of this, correct? Probably not. No, they're not aware. So, yeah. I'm probably jumping the gun, but
Starting point is 00:04:30 who's gonna be responsible for this ultimately? Where does this land? Well, one of two things happens. They just continually roll these bonds. They will see that more as we go on. We're gonna dial in and look at Portland, Oregon, because it's a crazy place. And I've got, we've got some friends there. The Count MC, he lives there. He's one of our subscribers at Peak Prosperity. He's been recounting everything. And when I actually looked into it, and a good friend of mine, Steve, longtime climbing buddy, lives there. He's leaving. These successful people are fleeing now. And we're gonna see why,
Starting point is 00:05:02 but it's contained in this concept. Look at these bottom three down here right one two three collectively have an add-up total 1.765 billion with a B billion billion one point seven six billion dollars of debt outstanding in the median household income across these areas here averages like 30 to 40 to call 30 to 50. Yep. How are you gonna pay back? It's just it's an impossible number. It's just anyway. And this is in Texas? This is Texas. But Mitch has looked at the same dynamic all over the place. Right. So it's really bad. Yeah. So so carrying on the disrespected trucker not not not just I just found this randomly on Twitter. This wasn't in response to anything we're talking about or the bitch thing. Sure sure. The disrespected
Starting point is 00:05:59 trucker says my mom informed me that she paid for my grandma's property tax last year because social security doesn't pay her enough She's 86 years old worked her whole life and the property tax on seniors now My mom is 68 herself enough is enough of this corrupt government screwing over people who've contributed to society their whole lives Yet they want to give illegals endless benefits that's not treason. I don't know what is. Well sure and you know okay the illegals is just more salt on the wound but but let's back up. What's the wound itself? The wound is you work you work you work you work and then you have to pay property taxes or you're gonna lose your home to the point where you paid in the system
Starting point is 00:06:41 you're 86 and your social security doesn't cover the nut. No, and it doesn't increase ever, does it? Not as fast as property taxes. Rebecca down there writes too. Property tax is a scam and just a way to squeeze people out of homes they bought and paid for decades earlier. Yeah, so you could plan everything right.
Starting point is 00:07:05 Yep, do everything right. And you get to your fixed income stage of life, right? Which is when you receive your Social Security. And then you can no longer afford to stay in the house you bought and paid for because taxes. Exactly to that. This gentleman right here, he's apparently, this guy is 84. Mitch actually knew him when I showed him this picture
Starting point is 00:07:25 during the interview. Look at this. Look at this. I built and paid for my house at age 25. Every three years now, he says he pays property taxes equivalent to the original cost of my house. It takes 50% of my social security to pay my property taxes. So you pay into the system and the government says, oh, here's some social security back, but oh, you're going to have to pay taxes on that. And then the local government shows up and says, we'll take the rest of that. It's just, it's an absolute tax donkey scam. How do we put up with this people through tea in the Harbor for way less than
Starting point is 00:07:57 this once upon a time, right? You know, so at any rate, um, yeah, it's, it's, it's just that bad. That's insane. Just that bad. Okay. So all right, back to Portland though. Yeah, this is infuriating. Isn't it?
Starting point is 00:08:13 But it's a tax on unrealized gains, right? So right now they say, oh, would we do a tax on unrealized gains on Bitcoin? You bought Bitcoin at a dollar, it's a hundred thousand. So it's gained 99,999 dollars. That at a dollar, it's a hundred thousand, so it's gained ninety nine thousand nine hundred ninety nine dollars. That's a gain. We should tax that. But if they tax that, you haven't realized it because you haven't sold it. No. So then where do I get that money? You'd have to sell your Bitcoin. If they, same thing for stocks, a big hue and cry. Wall
Starting point is 00:08:36 Street kicks up a freaking scream fest every time people say maybe we should tax unrealized gains on stocks. It would create total nightmare in the markets. That's off limits. Everybody's like, oh, that's a stupid idea. Well, how is it not stupid to tax unrealized gains on homes? On property, yeah. Because the homes only go up in price because the government overprints money
Starting point is 00:08:58 and creates inflation, and then they're taxing you on the inflation they just created, which also makes the rest of your expenses go up. And so you're on this hamster wheel you can't get off of. And at the end of it, if you once stumble, one cancer you didn't plan on one car accident that your insurance coverage denied for whatever reason, because it was an illegal migrant with no insurance and you're anyway, it didn't cover it. You get a, you get a vaccine injury that somehow they can't cover. Here's $1,400, I think, which is the average
Starting point is 00:09:22 vaccine injury claim, right? Something happens. Mm-hmm Like oh so sorry for your losses beat it. You're homeless Homeless you're working at like your Walmart welcoming people when you're 78 because you have to Yeah, it's awful Yep, and um, yeah, so I think I think Sean Oh is speaking for a lot of people here Absolutely property taxes are my biggest financial fear as I head into retirement. Yep. Yep. So much sense, Sean. Yeah. And by the way, Australia not to be outdone says, hold my beer.
Starting point is 00:09:57 Australia is talking about doing unrealized gains on super funds similar to your 401k. So they have. Yeah, they're talking about like, oh, that's a nice retirement fund you have there sure would be a shame if we taxed it. Very bad. I'm gonna laugh because this is that right. Radically bad. Okay, it is. So carrying on though. This is Portland, Oregon. Imagine you live there and you've dared to be successful. You have a I don't know, you've got an S Corp or a business, you've got a small business. By the way, if you're part of the parasite class,
Starting point is 00:10:32 you make money with money. That means you're in the rentier class. That means you are a financial, you're a financier. You make money with money. You have the lowest taxes in here. But if you have your own business, you will get taxed at the highest rate. So look at this you live in Portland Oregon. First of all Oregon has a personal income tax at 9.9% and then there might be a corporate income if you
Starting point is 00:10:54 have your corporation as an S Corp at 7.6 then there's a preschool tax for all. Eby did you know this? They tax only above a certain income level. It starts at 125,000 for an individual which is you know, you can live in a city on 125 and barely Right, but anyway, that's rich in Portland terms. Yeah. Now you have to pay a tax of 3% for People other people's kids to have childcare 3% okay, then there's the corporate activity tax. Isn't that a corporate income tax? Don't my activities result in income?
Starting point is 00:11:26 Yeah, what even is that? I don't even know. That doesn't make sense. Then you have a business license tax and then a business income tax, whatever that is, separate from the corporate tax. Then there's a supportive housing services tax, a clean energy surcharge. This is like looking at a cell phone bill. Yeah, a TriMet transit tax and Oregon transit tax. And they forgot the art tax, which is $35. Anyway, add it all up and you could be paying up to 57.62%. No way. To your federal
Starting point is 00:11:59 state municipal governments. 57%. That's awful. How do people do it? How do people do this? How does anybody live there? So now people can see I actually accidentally left that comment up but look at that 57%! Okay as I wrote I put this in the piece at the site I said that's capitalism for your expenses those are yours you know any expenses you have like you're gonna have to pay for college, healthcare, insurance, roof repairs, everything. Capitalism for your expenses, but socialism for your income. We're gonna need that income. That's such a good quote. It's the worst of all worlds. Did you make that up?
Starting point is 00:12:39 I did. That's from your brain. That's excellent. That's exactly how it seems, you know? Yeah. Holy's excellent. That's exactly how it seems, you know? Yeah. Holy moly. You know, one of the great mysteries in Life.TV is that a lot of people have been moving to Florida. Let's see if we can find out why. Okay.
Starting point is 00:12:54 In Portland, Oregon, you might spend 21.62% on your S-Corp partnership or LLC. Versus zero. A big fat goose egg. Oh, I think we've answered the question. Wow. Oh my gosh. Of course, those would all be all the right wing. Yep. You know, the people they're constantly bashing. Yeah. Yeah. Yeah. Oh, okay. So, so at any rate, um, Mitch, who I just interviewed, that's Mitch. Uh, he is a property developer. He's from Canada. He lives down in Texas now has for a long time
Starting point is 00:13:25 He's a lawyer a very legally astute. Anyway, he's been like a dog on a bone. Honestly, Evie Yeah, I'm a little surprised. He's still alive He is scoring so many sacred oxen with this pointing out that this is a giant scam. This touches State pensions, you know, like oh, I just found out and I didn't make it into this presentation that in Oregon, they have an automatic if you're an estate worker and you're in a pension, a guaranteed 8% per year return on your money, regardless of how the markets turn out. How did the taxpayer back that it's taxpayers that do it. So 8% 8% is like, well, you know, it's not that fair stocks to 10% long term. No, no, nobody goes up and down. Like 8% means that roughly every nine years, it whatever you put in has
Starting point is 00:14:12 doubled. Guaranteed by the taxpayers anyway, all being paid for by give it give us a little background about him if you would for just a quick second, like how did he get into finding out this information? Oh, oh yeah. Mitch got into this the same way I got into the crash course, enlightened self-interest. He had a building that was supposed to be valued in a certain way, right, because it was a commercial building and so there's commercial valuations for appraisals and then residential. Residential is supposed to be sort of like a comprehensive, here's what all properties are valued at, but commercial is supposed to be based on Its revenues, right? So he has this building and they double the valuation or something like that
Starting point is 00:14:54 He said hold up. You didn't look at any of my financials I can show you that this is the same storefront it was right and nothing's changed So then he looked into how they're supposed to do it and found that there are laws And nothing's changed. So then he looked into how they're supposed to do it and found that there are laws. USPAP, USPAP defines how professional appraisers are supposed to do this stuff. They have all these things,
Starting point is 00:15:12 comparable and formulas and standard deviations and per square footage. There's all this formula. So he goes in and he's like, how did you value this? And they wouldn't tell him. So he downloaded a spreadsheet, which he was able to do. He had to FOIA it out. So he downloads this spreadsheet for the County and found out that they just took
Starting point is 00:15:30 everybody across the board and dialed it up 7%. And wouldn't you know it? That's how much the town budget went up that year. That's illegal. Totally illegal. He, he uncovered massive fraud. Oh my gosh. It's totally fraudulent.
Starting point is 00:15:42 So that's why you're like, he shouldn't be alive. No, he shouldn't. Cause, cause the, cause they were talking billions and billions and billions of dollars at stake here. OK. All right. Anyway, let's in his own words, let's listen up what he says here. You must understand that the laws are being broken and you, mom and pop, are paying for the laws do exist. They've chosen, which is the word intent. They have
Starting point is 00:16:06 chosen to intentionally defraud the public to support something that should never have existed from day one. The school system has failed. Go and look at the education levels of any school in the United States. They're getting an F. They're literally failing right in front of you. And yet, while we need more money to continue the failing, I mean, none of the stacks. But the point of the matter is, if your outstanding fraudulent school district bond debt is even 10% of the value of your home, do you realize that that 10% in 30 years turns into 30%? It's just the math. You should not have to pay anything to support a school. It must come out as a sales tax, which is totally transparent. There is no other solution.
Starting point is 00:16:54 So what he's proposing, I actually really love and he's gotten good traction in Texas, but of course it got buried under legislative gobbledygook. But he said, look, instead of having an income tax and a property tax, which he believes is illegal, right? Because the only thing governments are supposed to be able to tax is income. Well, your house that goes up in value is an income. That's not it's not cash flow. Income means income. It's income. It's flow cash flow. Right, right. So anyway, so moving. Yeah, we went off the rails We did all that but he says that that if if Texas rammed its sales tax up to 15% Which is currently at like 5% or something. Mm-hmm, then they can drop all property taxes
Starting point is 00:17:35 No more 86 year olds being taxed out of house and home Right, but you're like, oh 15% that's like a European VAT tax sounds terrible But then think about what happens Evie. So now you or I have the decision, do I wanna consume or do I wanna save? Right, and you don't get penalized for saving. No, you save or you consume, right? And if I consume, I pay a tax on that. So my choice, right?
Starting point is 00:17:57 If I wanna be one of these billionaires and send up my silicone girlfriend into space on a big thing and, you know, then invite all of my best friends from all the private jets. If those people want whoever wants to consume you consume and you pay a tax on that. Right. Right. So it's actually a very fair system. I love the idea behind it. I hope it gets more traction. That should be the standard. It should be. It's a great idea. But let's go to Portland now. Let's look at Portland's unending spending. Oh no. Portland voters, according to, I guess this is what, Google?
Starting point is 00:18:28 Google, yeah, AI. Approved a nearly 1.83 billion school construction bond measure in the May, 2020-25 election. The bond will fund building improvements, health and safety upgrades, and new technology for Portland public schools. Specifically, it will allow for the modernization of three high schools, renovation at elementary and middle schools, and address health and safety concerns across the district. Okay, all right, all right, but so this is 1.83 billion in 2025, but they had just passed 1.2 billion in 2020 yeah what is that and 790 million in 2017 yeah let me read that so we don't need to read it's just
Starting point is 00:19:12 doesn't matter doesn't matter no no you here's what yours what here's where I want to go with it because because we're gonna now we're gonna dial in just because we I need I need examples for this stuff to sort of sit land on me all right good all right so that 2020 they raised 1.2 billion. What they do with it? Yeah. Okay. One of the things they did was they refurbished McDaniel High School. Okay. All right. And you can read that down there then. Yeah. The renovation of McDaniel High School formerly Madison High School in Portland cost approximately approximately $240 million. A quarter of a billion dollars. $240 million because some precious students needed solar panels.
Starting point is 00:19:54 What was it? Hold on, hold on, hold on, hold on, hold on, hold on. So hold on. Problem. Here's a problem. It costs a metric ton per square foot to build public schools. Would you look at that? 295 to $756 per square foot so you know what they do Evie? You know what? If it costs that much to build per square foot You know what you do? You maximize the number of square feet when you build Whoa This is high ceiling. This is McDaniel. Look at look at all that like nobody's getting educated
Starting point is 00:20:22 Having to walk all that distance back and forth Sit on the little special seating area right there Big tar Windows just exuding heat into the winter air and bringing heat in during the summer months Yeah, okay. Well, maybe that's just an unfortunate shot. Yeah, maybe it's oh well here's a random seating area community partners area Wow, look at this. I mean like if this is like I had never had a school like that I never went to school like this like a school that looked like a prison cell it had like yes concrete blocks Yes, you know you could see the little like the lines on the scene trace it as you walked along Yeah, put your finger in the scene. Yeah
Starting point is 00:21:07 For the concrete block pointing I went to the same school. Now this is what it takes to get educated. You need, you need this kind of conducive learning environment, right? Which, but ultimately, you know what this is? This is construction companies getting feasting. A thousand dollars a square foot is what this renovation cost them. A thousand that I thought that's a Taj Mahal like Well, it kind of is right I get you but and you know how it is It's not possible Evie that you could because you did a lot of performing So, you know, it would be impossible for you to just Stand up on a soapbox in a park and get your fiddle out or something and perform. Nope. This is what the McDaniel
Starting point is 00:21:41 This is their high school Wow, you know stage play area it's got the latest by the way I checked out the rack and lighting and everything it's like a super pro like this is Broadway sound reflecting remember we just went to this play recently it was in this shitty little like falling apart like wicked old theater take out like you're like it was like full stackable like kind of a thing. The ceilings like got like things hanging off it because it's degrading. Yeah, that's fancy right there. So I hope these fancy I hope these high school students realize that when they leave this, they'll never see a place this good again, ever when they go into community production, they're gonna need a little place. community production. They're going to be in a sh-ny little place. And speaking of which, I wonder how many of these precious students are going to be professional football players
Starting point is 00:22:27 or track stars. Hopefully all of them because... That's incredible. Yeah. No wonder it costs so much. Well, I hate to tell you this, but that was then. This is now. So they just that 1.8 billion, they're only planning to refurbish three high schools or build three. They're going to spend 400 and they're projecting 475 million per school building now. What half a billion per building. Yep. And everybody's expected to pay for this. And this is the Kinsley. I hate this. It's this whole idea is like, Oh, but think of the children. They always
Starting point is 00:23:01 default to this. Oh, but you what you don't care about educating our children. This has nothing to do with educating your precious little child. You can educate children at home, outside, running around in the woods for practically zero dollars. Correct. And they turn out better than ever. We homeschooled our children and they turned out they're fantastic. They required none of this largesse, right? But imagine that we need all we need all this.
Starting point is 00:23:24 As you said earlier, I think you put it really well is like the only reason you would need this level of institutional largesse is because you suck as a teacher. And it's covering up for your incapacity as a human. It's true. To actually educate. You need so many props that you you know, this is the cost and that's your budget and something's wrong. Yep. And so It might even be worse than this world in motion says why am I paying other people's education bills? So one of the things that Mitch points out is that it's not only that but but That the federal government gives more as a kickback if it turns out you have minorities
Starting point is 00:24:01 What do they call minority students? So the schools just tell them how many minority students they have. And he's like, they don't even match. The numbers don't even remotely line up. So taxpayers pay extra money into these school districts. They lie about it too? Yeah, and then also illegal migrants, particularly in places like Portland get like the school,
Starting point is 00:24:18 if they have an illegal migrant in there, they will still bill the taxpayers $38,000 a student. Because that's what it costs. But they don't actually know how much it really costs to educate a student because they don't actually know. They just submit these massive budgets and school and people float billion dollar bonds and everybody has to pay for it. And it goes on until it absolutely breaks. Yeah. So how many of these children that are in there right now are about to be in there are going to be saddled with ridiculous levels of debt
Starting point is 00:24:50 that they will never ever ever have anything of their own? Well all of them because you know as Mitch says this is this is the great Ponzi scheme he talks about none of this ever gets paid back so they're not gonna pay back that 1.8 billion there's gonna be another bond offering where they're gonna have to roll in that 1.8 plus the next bond offering. Yeah, how do they do that every year? What does it look like?
Starting point is 00:25:10 They just roll it, roll it, roll it. Now this raises the interesting part about this, which is that whoever's buying those bonds, because maybe your portfolio advisor has said, oh, we got some great Portland school Muni bonds, can't fail. And so they sell, so what happens is, somebody like Goldman Sachs, et cetera, comes along, We got some great Portland school muni bonds, can't fail. So what happens is somebody like Goldman Sachs, etc. comes along, packages up, sells those
Starting point is 00:25:29 $1.8 billion out to a first layer of what I'll call salespeople who then dump them into various portfolios of pension funds, municipal portfolios. These things, any fiduciary scratching at this paint will hit primer right away and you realize there's no way they're getting paid back so nobody should ever be touching these things yes absolutely but they trade it just about parity with everything else everything else in the government that we've found out this yeah you know yes so much i'm getting that 2008 feeling all over again. You know, aren't we all OK?
Starting point is 00:26:09 Let's carry on. Another short clip from Mitch here. The math just ain't math and you talk about these pensions. Illinois, there's not enough money on this planet to fix Illinois. It's beyond repair. And Texas has got one advantage at the moment, which is its population is growing. But you can go to Oklahoma? Nope, not happening. Arkansas? Not happening. So if they don't deal with this head on and simply say, OK, fine, this
Starting point is 00:26:39 5.1 trillion is going to be vacated. We are going to reverse this, and those people are going to lose. That's how you deal with it. But they're going to be vacated. We are going to reverse this, and those people are going to lose. That's how you deal with it. But they're going to lose eventually anyway. My point is that the compound cumulative effect of the interest is clicking by the nanosecond. Like if you go to usdeckclock.org, what's happening on the school district level is the exact same thing. By the nanosecond, this interest continues. There's no way to pay off the principal.
Starting point is 00:27:04 So your mails will call a spade a spade. By the nanosecond, this interest continues. There's no way to pay off the principal. So your males will call a spade a spade. And if you have to start putting these school districts into involuntary bankruptcy, do it. There isn't a judge on the planet that can argue with you. They'll say, well, no, we don't want to hear the case. It isn't going to change the math. And the truth is that the math is much bigger than the courts.
Starting point is 00:27:21 The math is much bigger than the federal government. This is going to blow to shreds if they do not get involved and say, that's it enough. These people here that are invested in these bonds, you're going to lose this portion of your portfolio. Wow. Don't mention the pensions. No, the math doesn't math. And so I first met Mitch because I was speaking at a conference called Limitless, which is coming up at the end of July in Dallas, Texas. And my good friend, Ken McElroy runs that, our friend, and it's a great conference. Anyway, I showed my thing where I showed total credit market debt in the US compared to GDP
Starting point is 00:28:04 and the two lines are diverging. And Mitch came running up afterwards. He says, I have that same chart. But for this county in Texas, it's a fractal problem where we collectively as a nation are just piling up the debts at a much faster rate than incomes are going up. It's a conceit to say, you know, we can pay for these school bonds because look how much house prices have gone up. If the host prices are being revalued 30% higher, but people's incomes only went up 4%, which is national average, then you have a math problem on your hands. The math ain't math. So that's what he's been pointing out here. It's going to blow 5.1 trillion is the size of this. That's insane. What about our state? I'm curious.
Starting point is 00:28:44 We're in bad shape. Are we in bad shape? Yeah, it's kind of different. We've saddled the debt sort of at the state level. We're in bad shape. We're screwed. Everybody's screwed. I mean, is this something you'd want to take into account before you move to a certain area? Of course. A lot of people are. You have to add that up. I mean, a lot of people are reporting
Starting point is 00:29:01 now that they literally can't, they have to move because they cannot afford the property taxes where they are. Right? I saw it like there's in particularly the blue states we really like crush ourselves badly. Portland but New Jersey I was reading about a person whose home they bought back in the day 40 years ago their property taxes now are a hundred percent of what their house was when they first bought it. Like 25, 30, govern me harder $30,000 property tax bills, right? It's just awful.
Starting point is 00:29:35 So before we go to this next section, we are going to take a quick break and hear from of course, one of my favorite sponsors here. And we'll be talking about something that's really actually very important which is our summit this year so tune in we'll be right back after this to talk about more important signals. Hi I'm Chris Martinson and I am thrilled to invite you to Peak Prosperity's exclusive in-person summit happening this September 12th 13th and 14th at Lake Winnipeg Sockie, New Hampshire. At this once-a-year in-person gathering, we take over the entire facility,
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Starting point is 00:31:26 gathering. Evie and I would love to meet you. And welcome back to our Signal Hour this afternoon. Thank you for joining us. We do hope that you would come and join us up in New Hampshire this year. It's going to be September 12th through 14th. And if you're able to make it, it is such a fantastic event. We have a great time, don't we, Chris? We just get to know people personally, meet you in person. It's an opportunity for you to also meet other fantastic individuals who are drawn to seeing the truth about what's going on in our world and how to make their lives and their children's lives and everybody
Starting point is 00:32:09 around them healthier and more resilient. And so do come if you can. It would be great. Well, and it's, it's, we're, we're, we don't have a green room. We're like fully available the whole time. We are, it's just, yep. It's a small little campus. It's very, we want to meet everybody this year. You know, you and I, Evie, we've been doing a lot locally because we're both convinced that the story becomes very local at some point in time, right? The local property taxes obviously is an issue. You know, you and I have started to get involved in local, our local politics, which is really important. Good people there, but very few of them are actually
Starting point is 00:32:43 rolling up their sleeves and trying to help. Most people just hope for the best, but I don't think we can just sit back and hope for the best anymore. No, and we need to gather ourselves together because I think the towns or the places or the communities that are going to do the best are people that have gathered together with that in mind that understand what we're facing in our future and aren't just going to sit back and and sort of. Well, I agree. So so I participate, I have a new segment for people this time. Let's see, see how people like it. We're going to take a quick resilience break. You ready? Yeah. All right. So I put together a few things here. Do you remember, do you remember our first year here on the farm? I do. So it was 2020, right? Things were crazy. We got cows. We never had
Starting point is 00:33:30 cows before. We just like, it happened right as we were moving here. Yeah. COVID plus cows plus a drought. Do you remember? Yeah, I do remember that. Do you remember? So I, that's a picture of our first year in the field. No. Do you remember that? Was that really what our grass looked like? Yeah. Pasture? Well, one part, I mean, but that's particularly nasty. We were feeding cows on that. Oh, oh, so bad. Anyway, here, here, let's, let's see if we can remember together. Hey, everybody, it's July 1st, 2020. And Evie and I are out walking the field and mixed emotions. It's really in poor shape and a lot, I mean, really,
Starting point is 00:34:09 I know it looks beautiful, but if you really get in there and start looking at it, you can see the damage. So it's been a dry spring, no question about it. And this is a sandy field, so certainly we're seeing some water damage and stress, but it shouldn't be distressed. And it should easily be surviving much better than it is, but let's just take a look at what we're seeing.
Starting point is 00:34:30 Cause by the way, this is all going to change. This is before we've done anything. This is before the cows are showing up in two days. On the third, a little nervous about that. We don't know if a lot nervous, really supportive of them. We hope it is. The cows are going to help us turn this into a better field over time. Obviously, you know, that's what they do. And we're going to put on some really good cover cropping. So we're investigating all of that. And we mean something like 12 different species of things sunflower.
Starting point is 00:34:57 That didn't really work out, did it? No, no, we tried none of our seeds took quack grass. But to sorghum to Yeah, we tried none of our seeds took quite grass but you saw gum to yeah why why because we want to invest in our soil health so we have healthy soil that's the best asset we could possibly have so very quickly but that's what we are now we're trying we're soil farmers right we're just trying to get the soil up
Starting point is 00:35:21 yeah we are so if the soil is good everything else will take care of it that's right take care of itself yellow it is oh just're just trying to get the soil up. Yeah, we are. So if the soil is good, everything else will take care of it. That's right. Take care of itself. Wow, look how yellow it is. Oh, just wait. Just wait. I point the camera to the ground. So let's look at what we're looking at when we say. Not so good. So as we walk along here, I think you can see. Oh, it's crunching. Look, look how thin this is. And there's a lot of thatch down here, but there's really nothing sprouting under there. This is very thin. Look at these. Look at this very yellow It's it's it's sour it's a sour smell I mean even the Even the weeds are doing badly. Look at this, look at this core, it's yellow.
Starting point is 00:36:04 The sink foil. The sink foil is all yellow. Black-eyed Susan's like, no. Black-eyed Susan's have just died. Oh, he's just awful. There's the lonely black-eyed Susan. But to your credit, we also mow. Do you remember?
Starting point is 00:36:12 Oh. Do you remember? I do. It was terrifying that first year trying to feed animals on that. All right. So since then we've lined the field twice. We've fertilized a few times because we were deficient. We got special fertilizer mixes, which we did soil testing.
Starting point is 00:36:32 So we were deficient. NPK, obviously we needed more K than N and P and also we were deficient boron and zinc and sulfur. Yeah. And partly because I think it's so well drained here because we live on a river sort of delta. I don't know what you'd want to what you call it. Yeah. But oh man, that's terrible. So you remember? And this is this is with us. I think we were we were irrigating at this point in time. Oh, yeah. But this is like I tried to make it look like we had real grass, but look at all those yellow brown tips down there.
Starting point is 00:37:08 And that's cinnamon and red, who both went to the freezer. But look, look how bad that is. Oh, it's awful. Get a moth. Yay. All right. So that's then this is today. So here I am, you know, unshaven. OK, now let's take a quick peek at our field here in July of 2025. A lot wetter year than what we're comparing to in 2020, but still the vast improvement. Yeah, so here we are.
Starting point is 00:37:34 Oh, that looks so much better. This is, obviously we'd have to get way down to get down in there, but let's see what we see all the way down in here because you'll notice what we have down here this see this got the crumbles I mean it's still dry ish you know so it hasn't rained a lot just lately but anywhere we dig down in here now you do notice if we go in far enough see we have crumbles now. This is actual soil structure. See the, it's got the crumbles. It holds together. That means that we've got healthy activity going on down there. There's worm castings. There's all kinds of stuff down there. And this is what it looks like now after just a few years of active soil management, I bought those things under the trees way back over there.
Starting point is 00:38:29 You can't even see them. There's cows over there. All right, but this raises several important points. One, this is year five. We planned it was going to take seven years to get our soil from ruined, it was really in bad shape, up to non-ruined. Right. And ruined because there were people that hate it over and over again and didn't
Starting point is 00:38:49 replenish the field with any other biological components. Every time you take a ton of hay off, you're taking 50 pounds of nitrogen, 50 pounds of phosphorus, 50 pounds of potassium, and you have to put those back on or they just go away. Or the math doesn't math. The math doesn't math. Yeah but The reason that I wanted to show people this was to say this is what we're really up to is is becoming resilient
Starting point is 00:39:13 It's about the soil and then it takes time So that's why I just I just need people to know we're running out of time in this story now The part that actually terrifies Evie and I is that as much as we're doing, we live in a very rural part of Massachusetts and there's not a lot of agriculture going on around us. There's a blueberry farm up the hill, there's a dairy farm, there's a couple of, but not a lot, right? It's more hilly, we're not a big ag area. We don't wake up in the morning smelling that wafting pesticide smell or anything like that.
Starting point is 00:39:46 Thank goodness. But we don't have any bees this year, like zero. Well, we have two bumblebees. Literally, I know them by name. But we're out. We have no little minor bees. Our fruit didn't set this year because there just wasn't enough pollination. Evie was out hand pollinating. And this is what's happening to us in a very rural area. This insect apocalypse, particularly the pollinator collapse that we're seeing in very rural area this insect apocalypse particularly the pollinator collapse That we're seeing in a rural area that doesn't have the usual reasons like oh you must have these you know if I was in Iowa and I was surrounded by farms spraying in on every quadrant
Starting point is 00:40:14 I could make sense of it, but I what's happening in Massachusetts where where they go It's like the rapture happened, but it took the bees I mean a lot of people surmise that maybe it's, you know, the cell towers and all the, we're all bathed in, you know, could be all these waves of, of things that probably disturbed the bees. I mean, they're very sensitive, but, um, yeah, it was, it was terrifying this spring to see how few we had. And we have tons of like, we plant all sorts
Starting point is 00:40:45 of native things. We have a huge orchard, you know, blueberry bushes, raspberries, flowers, you name it. And you know, lilacs that have been here for like 30 years. So it's not like they were planted when, you know, a lot of plants that you get at a regular box store could have new nicotinoids in them to begin with. And then it takes several years for those to be sort of to come out if they ever do. So yeah, it's frustrating. It sure is. We'll keep going though. All right. Evie, we're going to turn now to and that's we'll have a little resilience thing. We can show people our chickens next time and maybe our garden or let's do a little piece every favorite let us know if you enjoy that sawmill whatever um but here we are and we're busy trying to
Starting point is 00:41:30 make sense of the world in no small measure because we're surrounded by demons now and we have to talk about this this is probably the most explosive thing you know it's you know how important this is because the new york times didn't report on it at all this is really astonishingly bad and this is just a one minute clip that comes to us off of a recent interview between Tucker Carlson and RFK Jr. and RFK brings his usual truth bombs. So let me get that going. What you would do if you wanted to find the answer which is to compare outcomes in a fully vaccinated group to health outcomes in an unvaccinated group. And CDC did that study in 1999. They brought in a team of scientists under a Belgian researcher
Starting point is 00:42:19 named Thomas Verstraten and they looked at the data. They looked at children who had received the hepatitis vaccine within the first 30 days of life and compared those children to children who had received the vaccine later or not at all. And they found an 11, 135% elevated risk of autism among the vaccinated children. And it shocked them. They kept the study secret and they manipulated it
Starting point is 00:42:51 through five different iterations to try to bury the link. And we know how they did it. They got rid of all the older children essentially and just had younger children who were too young to be diagnosed. And they stratified the data and they did a lot of other tricks. And all of those studies were the subject of those kind of,
Starting point is 00:43:13 that kind of trickery. So what they did here was they got this really bad data. And so they went to this hotel and they sat down with all their key scientists and pharma reps and everything said, what do we do? And they had like, there was proof of this meeting, right? Yes, the Sandalwood, at the Sandalwood Hotel called the Sandalwood meetings. And they destroyed as much as they could, but apparently some records still exist.
Starting point is 00:43:35 So one thing I wish that RFK would do is name names. I need to know exactly who these people are. Right, who was at that meeting. You know, exactly who made these decisions. But they said, oh, we have this really bad data. What do we do? So he said they started stratifying it. So they started looking for places they could just like peer in a tiny crevice of the data and not see the signal they were looking for. So they had to exclude older children because that's when you finally get diagnosed with
Starting point is 00:43:58 autism. So if you only have kids who are three and under, it's harder harder to diagnose a language malformation in a two year old-old than a 12-year-old. So that's what they did. They specifically hit it and then gaslit us for years and said it's not a thing. But then specifically we showed it last time, the ACIP meeting where they voted, ha ha ha, do you have any data? No, ha ha. Unanimous vote to put the hep B vaccine into infants. Newborn infants who do not have an immune system yet can even if you gave them a perfect vaccine, what is their immune system going to do with it? It's not online yet. That's why you have the colostrum and has it from the mother and has all the
Starting point is 00:44:36 antibodies because you're basically have to externally, you're a naive, you're a blank slate. You got to get that thing up and running. So the question is, why would they not just say, and by the way, Hep B happens to people who have promiscuous sexual lives, right? And dirty needles. And dirty needles. So, oh, but what if a mother had those behaviors? Well, then test the mothers.
Starting point is 00:44:59 And if they happen to have Hep B, if they have hep B, then maybe consider it. But that's only 0.8% of the population of pregnant population. Instead, they're going to vaccinate a hundred percent of the babies. And this is what they decided to do after having this data in hand. This is just outrageous. This is just insane. And by the way, I found out recently from the person who manages the YouTube side of this account, you might be listening to this at peak prosperity on rumble on Twitter X,
Starting point is 00:45:32 but on YouTube, we have received 11 strikes over our past 12 signal hours strikes because I keep saying stuff like this. We keep saying stuff like this and somebody complains. It's some pharma troll You know who you are if you're listening to me right now in your little cubicle with your little demon hair on fire Good for you, but you are a monster and I will not stop saying what I'm gonna say because this is just unacceptable Full-stop 100% is Absolutely unacceptable. Yep unacceptable to call it out for what it is. All right.
Starting point is 00:46:06 So we know all of this, right? And so I think RFK did this, which is just that first top line. I'm going to have to read all that junk. But this, you know, he... Sure. HHS takes bold step to restore public trust in vaccines by reconstituting ACID. Now, reconstituting is a fun word because in this instance it means he fired all their butts. 100% fired them all and he started over and Robert Malone who we both know is now co-chair
Starting point is 00:46:31 of that and Martin Kuhldorf. These are solid scientists and they're asking real questions. It's going to take a little time to get through it but they're making great progress I think. That's great. Now all of this has sent Pharma into a complete panic. Have they? I'm not sure. They have a main lobbying arm called Bio.
Starting point is 00:46:50 And Jeffrey Tucker, our good friend, is writing this up here. He says, this remarkable memo apparently leaked from Big Pharma presents a clever scheme to stop RFK, divide Maha, drive a wedge between MAGA and Maha, fund influencers among reputational conservatives and clear the path retaining power. By the way, the fund influencers among reputational conservatives, like Candace Owens has been experiencing this where they just reach out somebody somewhere from an organization like this reaches out to influencers, offers to pay them money money like up to $2,000 to slander somebody online on their tick-tock or their whatever they have. It's a full information battle right now.
Starting point is 00:47:34 It's so bad. It's bad. All right. Yeah. So um yeah so that's part of it. So I highlighted the word apparently because and I trust Brownstone and they're great journalistic, all this and that, but we have to trust that this is an actual leaked document. Now it smells real and authentic to me, but keep the caveat on there, okay, just in case. But if true, here's what we're dealing with. So-
Starting point is 00:47:59 Wides, in the political landscape, widespread concern over RFK Jr.'s anti-vaccine stance. Members view him as a direct threat to public health. So this is the meeting that they had. This is their executive summary, key highlights. This is from their meeting, April 3rd, 2025, right? But they say, oh, widespread concern. That's what they always say when they don't say, here are the three people we know personally who are concerned. Wides widespread concern. We're all concerned. Reasonable people are all concerned about his anti vaccine stance, even though every single time he's been very careful to say, I'm going by the data. Do we have that data? If we have the data, we'll go with the data.
Starting point is 00:48:36 We do not have the data. So he's been all about the data, but to these demons, anything that is actual science represents an enormous threat to them. And what you're going to see is, as Evie reads through a lot, is at no point in time do they represent, have any concern whatsoever about their products being harmful. What they care about is everything else. So he's a direct threat to public health, widespread concern. It's just, oh, yeah. And speculation about the Trump RFK Jr. Alliance with potential for breakdown over conflicting interests.
Starting point is 00:49:11 Oh, potential for breakdown. This is it. So they're going to try and drive a wedge between Trump and RFK. It's part of their strategy. They're going to pay influencers 2000 bucks to start saying, Oh, sure. It looks like RFK is throwing Trump under the bus, anything they can do to try and create this sense of breakdown.
Starting point is 00:49:26 That's awful. So this is, but this is how they operate, right? It is. It is. Apparently they think Dr. Oz is a potential voice of reason on public health within the current administration. Because he's the only one who hasn't said anything negative about them. Because everybody who looks at the data is like, geez, this is bad.
Starting point is 00:49:41 And then they decided that Senator Cassidy was emerging as an influential advocate for CDC and public health engagement and AEI and former Senator Richard Burr seen as an important conservative ally in vaccine advocacy. Well, the AEI. So the AEI, right? So this is like one of the top conservative think tanks out there, but you know who sits on the- Which stands for? The American Enterprise Institute or something like that. But anyway, you know who's on there right now?
Starting point is 00:50:10 No, I might have got that wrong. But I think that's right. Scott Gottlieb, former FDA Commissioner, Pfizer. He's on the total show. So anyway, Cassidy is a show. Burr is a show. They're just ridiculous. Pharma shows.
Starting point is 00:50:24 That's it. That's that's the whole landscape. So they're like, oh well, but look at the panic in here. So like political landscape, like this is terrible. We're losing our vaccine thing, right? Right. So this is bio. Bio is supposed to be this amalgam for all biologicals. So this could be biotech companies, pharma companies, but what they should be talking about is here are big opportunities to advance actual better lives for people, cure diseases. To use science to do positive things. Here's what we're going to do.
Starting point is 00:50:53 We're going to tell you, you know what? They're focusing on too much of the negative. Here are all our positives. Let's focus on these. Yeah. Right? No, no, this is, you can just feel it's all negative. We're going to break this down and do this and we'll have to, know find our few allies in here that's insane anyway oh boy so they're gonna restore
Starting point is 00:51:13 start with the top they're gonna restore public trust by installing pharma insiders who worry most about the money of course look at the co-chairs, new chairs, Sylvia Taylor from Novavax in art hurt from Merck. Yay, trust restored right away. Emphasis on governance restructure, AI relationship building and defining 2025 vaccine strategy. There it is vaccine strategy. Where's the promoting big health? Like we're gonna have to redefine our 2025 vaccine strategy. Like that's, that's, this is the goals. That health is the goals. Yeah. And look at, look at a third bullet point under goals. This is a goal. Oh my gosh. Yes. Strategy centered on continuity, innovation access and restoring public trust.
Starting point is 00:51:58 Innovation access. First off, that's one of those consultant words. Nobody even knows what that phrase means. You know, nobody knows You say that, you just throw it out there. Makes it sound, you fluffs. Fluffs. Restoring public trust. You know how we're going to restore public trust? We're going to put a couple of deep insiders at the chair of this thing. And we're going to see if we can get some fractures going, maybe break some things up. Break some relationships. But look at the investor and market challenges here, eh?
Starting point is 00:52:23 Oh my goodness. just vaccine development viewed as unpredictable and politicized gold posts are constantly shifting Yeah, those gold posts are can you can you guys get some data for us finally? Well, that's a moving the goal posts rather suddenly on us there making us having to prove that these things are safe and effective That's a big goal post shift. We're not ready for that. Right? Investor confidence shaken limited capital access for the next six to nine months. So they're running out of money. Is that what that means? No viable capital raising opportunities. Money, money, money. That's how we're going to... Okay. So this is where it gets
Starting point is 00:52:58 bad. I'll read this part here. So Jeff Childers, if you're not reading Jeff Childers, you really have to... Oh, he's so good. Coffee and COVID, you see down here, I'm going to steal liberally from this, because he wrote about the same thing that we were just looking at here. And he said, quote, the bio executives are morons. Flu-less, witless, whatever you want to call it, the memo exposed, their hubristic downfall,
Starting point is 00:53:18 the complete failure to engage with their industry's singular point of weakness. Safety and efficacy. The hubris is inevitably followed by nemesis. They incorrectly identified RFK as nemesis and failed to read the national room. RFK is a symptom of their disease. It's not the cause. Bio's memo revealed not just strategic failure,
Starting point is 00:53:40 but a kind of institutional narcissism. They're not thinking clearly because they still believe the problem is you and me and RFK and misinformation, not the mountain of corpses beneath their collapsing slogan, safe and effective. By the way, the phrase safe and effective or anything like it appeared nowhere in the memo.
Starting point is 00:53:59 I interpreted that as a quiet, maybe even subconscious recognition the slogan has now become a sarcastic punchline. But wait until you see what they intend to replace safe and effective with. It's so deranged and clueless, it's almost parodic. It would be truly hilarious if they weren't so damn nobly dangerous. Now, are you ready? The bio executives brain trust recommended focusing their new public vaccine messaging on national security. Oh, of course they did.
Starting point is 00:54:27 Wow, what a surprise. There it is. There it is. Look at this. Danger to national security. Oh my gosh. Oh, gross. So the communications and messaging strategies, it's just so brilliant. I mean, I need to frame frame vaccine narrative around efficiency, transparency and national security. Shift bios messaging regarding ACIP and FDA from defensive to pro
Starting point is 00:54:52 proactive, from protect to and defend to optimize and enhance launch of the pro vaccine campaign. Why we vaccinate to be tested in the Washington D.C. Oh, yeah, because that's that's like a really fair test market right there. If it works in D.C., it'll work anywhere. Of course. Why wouldn't it? Opportunities and threats. OK, the threats they face are anti-vaccine rhetoric, tariffs, index pricing, weakened FDA capacity. But opportunities. Now we get down to the meat of it.
Starting point is 00:55:25 Goodness. Leverage National Security Commission report. Onshore supply chains reposition vaccines as national security assets. That's it. That's OK. This is what you're going to be hearing in the future. You're going to be hearing about vaccines as national security assets, because these geniuses who are probably yanking down twice the salary you ever even dreamed of earning,
Starting point is 00:55:47 for this amazing brain trust that they've brought to the table here, are gonna be repositioning vaccines as national security assets, not as things that save lives, not as things that make your lives better, that reduce silliness, but as national security assets.
Starting point is 00:56:02 Okay, all right, Jeff Childers again, he says, you really can't make this stuff up. We literally just emerged from a pandemic where the phrase national security in the context of public health became synonymous with gaslighting, censorship, secrecy, cover-ups, coercion, and buffoonish denials in the face of plain facts. Here it is in their own words again from the first page without a single reference to their Achilles heel, which is safety. Okay. National security. Those words, national security, ripple through the rest of the memo like a talking doll script. It's like they dug through the smoking wreckage of their credibility, held up the one remaining piece of debris still smoldering and said
Starting point is 00:56:39 this, this will be our new flag. That's great. Isn't that great? I love how he writes. Such good writing. PS, if you're listening to this right now, do give us a thumbs up if you enjoy this video and consider subscribing to our channel. We are getting so shadow shadow ban and that is how they control our voices. So if you are interested in railing against that as I am, then please give us a thumbs
Starting point is 00:57:04 up and help share this with other people that you know so that we can get this message out to people who need it. Yep, we're fighting the algos constantly here. So um the bio, the bio crew, they're pining for the good old days, the good old days when you can get Piers Morgan to say this. Back in the day, love the idea of COVID vaccine passports for everywhere,lights, restaurants, clubs, football, gyms, shops, et cetera. It's time COVID denying anti-vaxxer loonies had their bullshit bluff called and bar themselves from going anywhere that responsible citizens go. Wow.
Starting point is 00:57:38 Pierce, that didn't age well. Yeah. All right. I'm going to finish up with some Jeff Childers and we'll carry on. He says, good grief, I'm just a lawyer, not a branding consultant, but even I can come up with something better than repositioning vaccines as national security assets. Why not drive full board in the mouth of the enemy and announce plans to prove once and for all just once how safe and effective their products are?
Starting point is 00:58:04 Good question. They could trumpet voluntary new vaccine surveillance systems, loosen their death script on study data, pledge to protect children at all costs, promise better cooperation with the new ASAP, agree to stop marketing antidepressants to kindergartners, anything, something. But no, it's the worst rebranding since New Coke or since Budweiser slapped that effeminate crossder on its bottles. They're not just tone deaf. They're trying to remilitarize medicine to invert the doctor patient relationship
Starting point is 00:58:31 into a compliance state dynamic. It won't work. It can't work. We all now know exactly what national security means. It means do what you're told. Don't ask any questions. In places safe and effective. We now offer you top secret and compulsory You are welcome. It's literally the definition of bio fascism framing personal health choices as state security imperatives And what's most guffaw inducing is that bio did it in a memo ostensibly about promoting trust? Thank you Jeff, thank you. Thank you. Thank you for writing that up. Oh, it's so good. All right. So this is from deeper in the memo. Okay. And here they're getting down to what
Starting point is 00:59:12 they actually in just just the yellow part because I want to show. Yeah. This. Yeah. So apparently the impact of the new administration, one of the things it says is Trump owed RFK Jr. for his support, but that loyalty may or may not last. So how do we drive a wedge? So this comes out in April 3rd, which is why I think I now understand this part of the interview also with Tucker that came out just afterwards, because they're saying, we think we can break these two apart. And here, I see your, I see your offer and here's RFK counteroffering with this.
Starting point is 00:59:45 President Trump does that. Whatever you think about him, there's a new feeling in America now that we're back on the upswing again. As he says, the country is hot again. And all around the world, people see that too. And a lot of things have surprised me about the president because I bought into this fact that he was this one-dimensional character, that he was kind of a bombastic narcissist and all this. And part of it is hearing it all the time on TV,
Starting point is 01:00:21 but also the way that he conducts himself sometimes validates those. If you have that narrative, you can find things when he does it validate that narrative. But what I've been surprised in getting to know him is what a kind of deep multi-dimensional and thoughtful character he is and how well, I also thought, oh, he doesn't read and he's not interested in anything. He's immensely curious, inquisitive, and immensely knowledgeable. He's encyclopedic in certain areas that you wouldn't expect like music.
Starting point is 01:00:57 And he gets very emotional about music. And he knows the whole story behind every song. Pavarotti and James Brown. Yeah. And he cries when he hears Pavarotti. He said to me one night when we were at Marta Lago with the Amaryllis, he said, Amaryllis, you understand this because she loves music too. And he said, but most people here, they don't understand it. They don't get it. they don't understand it, they don't get it. And then in terms of sports, he is, he just, he's an encyclopedia.
Starting point is 01:01:30 He knows everything. And then, you know, on Wall Street, he knows how everybody made their money and the stories and he's, you know, an incredible raconteur about telling all these stories. And then also the most surprising thing is because I had him pegged as a narcissist, but narcissists are incapable of empathy. And he's one of the most empathetic people that I've met.
Starting point is 01:01:58 You notice whenever he talks about the Ukraine War, he always talks about the casualties on both sides every time he talks about it. war. Yes. He always talks about the casualties on both sides. Every time he talks about it. I have noticed that. And he does that in every theater. He talks about how human beings are affected by it, you know, whether it's vaccines or Medicaid or Medicare. He's always thinking about how this impacts the little guy. And you know, the Democrats haven't paid
Starting point is 01:02:28 as a guy who's sort of sitting, you know, in the cabinet meeting talking about how can we make billionaires richer. He's the opposite of that. He's a genuine populist. So it was surprising, right? Yeah. A little bit surprising because... That's interesting. Well, at any rate, I think Yeah. A little bit surprising because... That's interesting. Well, at any rate, I think the bio people have their work cut out for them. Yeah, these two have mutual respect for each other. They do, and they're up against a couple season pros, so it's going to be hard to drive a wedge here.
Starting point is 01:02:56 Yeah. That was... Oh, sorry to interrupt. They've both been just totally slammed by the media. They've just tried... Like, people have tried to destroy their lives their careers I mean remember when RFK jr. Was running in his Was his cousin came out and just oh gross family just disgusting awful mean awful Things that they said about him all because he holds a different point of view from them
Starting point is 01:03:23 It's just shocking. So I think these guys would be harder to break than you think. I do too, especially after hearing that. That felt genuine to me. And by the way, you could tell from the green subtitles, I forgot to source where I got this from. That's obviously from Vigilant Fox over on X
Starting point is 01:03:38 when you see those green subtitles. I love how Vigilant Fox pulls all these things together. So normally I would put the link down forgot to do it this time So I'm saying it out loud. All right. Um, and by the way Just a quick announcement a little PSA. We have two really important pieces at peak prosperity last week. One is about Brain fog and what it means and all you know I just identified that I've been experiencing some brain fog of late and so a lot of other people have as well We're trying to figure out run a proper differential
Starting point is 01:04:08 Meaning what are the possible causes and we would stack those and people weighed in with all their experiences I think you can see there the time of this or I pulled it up a hundred and eighty eight comments very thoughtful comments We got really rich conversations there But the companion piece to that also put out on Friday, because on Fridays I do usually a big one-two punch and last Friday's, which was June 27th, I also wrote, if we're lucky, we've got two more years and it's about AI and where we are in the AI story
Starting point is 01:04:37 and all of that. And so this is what we talk about with Brain Fog. If you're experiencing anything that looks like any of this stuff, you're gonna wanna come by and see what we talk about with brain fog. If you're experiencing anything that looks like any of this stuff, you're going to want to come by and see what we're talking about there. Do you want me to read that so people that are just listening can hear? No, no, no. Very quick.
Starting point is 01:04:54 I just need to, I just didn't want to spend a whole lot of time in this. You want to let people clue them in. There's something going on there, but it is includes forgetfulness and mental fatigue and confusion and stuff. By the way, Larry the Logger wrote this here. Just the yellow part, please. Yeah. In response to you saying, it turns out it's not just me. Many others are reporting similar issues, struggling with memory, focus, and even simple word recall, to which he responded, damn it, exactly. I thought it was just me. Words like wrench,
Starting point is 01:05:26 bolt, gate, rosemary have escaped me. Words I use all the time, totally gone. People I've known for years can see their faces, names, gone. Drive to the end of our driveway to turn and get onto our road. Completely forgot where I was going. Thank you. I'm slow on the uptake enough without outside things making me yet slower. Answers a ton of WTF is going on even during mundane things. Yeah. So it turned out to be much more widespread than I thought. Although I had clues that it was just me too. I have the same issues. Fairly. Yeah. Yeah. I bet a lot of people can relate to that. Yep. All right. Um, up next we're going to talk, we're going to talk about this section here,
Starting point is 01:06:10 which is Trump takes on Massey and Elon. And, um, that's pretty, it's pretty impressive thing that's going on there. But first, we're going to hear from peak financial investing. The markets are a ticking time bomb. Volatility is spiking, trade wars have broken out, and most investors are sleepwalking into disaster. Many portfolio strategies perform poorly during times like these. At Peak Financial Investing, however, we don't gamble with your future.
Starting point is 01:06:40 Our Registered Investment Advisory connects you with battle-tested wealth managers who reject outdated models and embrace active management, strategies proven to navigate chaos, and who aren't afraid to discuss things like the great taking or maybe the importance of protecting your wealth with gold. Without the right approach and with the wrong advisor, you're risking, well, everything. Don't wait for the crash to act. Visit peakfinancialinvesting.com right now to schedule a free consultation and discuss your particular situation. Take control of your wealth before the markets take it from you. Again, that's peakfinancialinvesting.com and I'm Dr. Chris Martenson urging you to act now.
Starting point is 01:07:31 Obviously we have our fingers in a lot of pies here at Peak Prosperity. That's the kind of guy I am. I'm very much a Renaissance individual. All things connect to all things, and I like to see how all the pieces fit together. But we are coming into one of the most extraordinary periods of change, some of it positive, a lot of it negative,
Starting point is 01:07:46 unfortunately, AI is gonna be not a transformational technology, it's disruptive. So that's captured a bunch of our focus of late, how that's gonna disrupt things. But as well as you know, if you've been following me long enough, we have to understand where we are with respect to resources, oil and copper and things like that, maybe bees now too.
Starting point is 01:08:03 It's all part of it, but also maybe our own emotional and cognitive capabilities or inabilities depending on how things are. There's something in the air, there's something is happening. Could be stress, it could be somebody just posted and said they have similar symptoms because of Lyme, could be Lyme, could be that COVID was a bio weapon and it actually caused issues that we're just now uncovering.
Starting point is 01:08:26 It could be 5G. We don't know. I don't know. We don't know. I hope somebody finds out though. I have a terrible tinnitus right as we speak. Oh yeah. Yeah.
Starting point is 01:08:34 Barely like concentrate. It's just constant. All right. Let's turn here now for our last segment here. Again, another cat fight going on. All right. So between Donald Trump and, uh and Thomas Massey and Elon. Well, I guess it's between Elon and anyway.
Starting point is 01:08:52 Yes. I don't know. It's getting crazy. Well, Trump is unhappy with Massey because Massey doesn't like his big, beautiful bill. Right. So then he goes after him and says this, which is, yeah. New poll. then he goes, he goes after him and says this, you know, which is, yeah, anybody I endorse beats Thomas Massey of Kentucky by 25 points. Get ready.
Starting point is 01:09:10 Massey is a very bad guy. Very bad guy. Not BB Netanyahu, not Randy Fine. Right. You know, yeah, that's just interesting. Not Lindsey Graham for that label. Thomas Massey is a very bad guy. Well, then what does the, what are those other guys must be literal demons, I guess. Well, they probably already are. But so this was Elon in September
Starting point is 01:09:30 of 2024. So this is before the election. Like he's concerned about what anybody should be concerned about. America is also going bankrupt extremely quickly. And nobody seems to everyone seems to be sort of whistling past the graveyard on this one. You know, the, the Defense Department budget is a very big budget. Okay, it's a trillion dollars a year, DoD, Intel, it's trillion trillion dollars. And interest payments on the national debt just exceeded the Defense Department budget, but they're over a trillion dollars a year, just in interest and rising. We're adding a trillion dollars to the net to our debt,
Starting point is 01:10:13 which our, you know, kids and grandkids are gonna have to pay somehow, every three months. And then soon it's gonna be every two months, and then every month. And then the only thing we'll be able to pay is interest. And if this is it's gonna be every two months and then every month and then the only thing will be able to pay his interest and if this is it's just you know, but it's just like a person at scale that has racked up too much credit card debt And not this is not have a good ending And so we have to reduce the spending he sounds surprisingly just like me. I've been saying that stuff for years.
Starting point is 01:10:45 Same stuff, right? It's fractal. If you can't make this balance at a household level, it doesn't magically balance because we add all the households together. If you have too much debt and it's growing faster than your income, you have a problem on your hands. It's a math problem. And he's talking about the compounding function. You know, we're doing a trillion dollars every three months and then it'll be every three weeks and then every three days and then every three hours. Right. Like he's talking about the Venezuelanization. That's right.
Starting point is 01:11:08 Of all of this. That's right. The path we're on. So he obviously he cared about this a long time ago. Right. So this is this is in his deep just retweeted that and he said basic math. Okay. Now Trump is really mad at him for pointing out this basic math right now.
Starting point is 01:11:23 Really mad. Yeah. Well, how mad. Yeah, it seems that way. Well how mad? I mean, this is astonishing. Like this is a bit of a 2am screen or whatever it is. Is that what time it came in? No, I don't know. I don't actually know. Donald Trump said, Elon Musk knew long before he so strongly endorsed me for president that I was strongly against the EV mandate.
Starting point is 01:11:45 Oh, so Trump is trying to make it sound like he's like, oh, Elon's just mad at me because the big beautiful bill takes the EV, you know, $7,500 per car credit out. So he's trying to say, oh, oh, Elon's just mad at me for reasons everybody can understand. I'm taking money away from him. Right. And Elon, back in September and earlier in 2024 said, yeah, take the mandates away. We don't need them. Like, go for it. He didn't like that, wasn't it? But anyway, so now he's trying to make it about that, make it sound like it's about Monday. It is ridiculous and was always a major part of my campaign. Electric cars are fine, but not everyone should be forced to own one. Elon may get more subsidy than any human being
Starting point is 01:12:22 in history by far and without subsidies Elon would probably have to close up shop and head back home to South Africa go home We don't want you and your rocket launches satellites internet No more rocket launches satellites or electric car production in our country would save a fortune Perhaps we should have doge take a good hard look at this big money to be saved. Wow. So he's going to turn back on him. So, so the reason that, that, uh, Elon is pissed and I think he has every right to be pissed. So he didn't have to do this. He was just happily being a billionaire and he's a
Starting point is 01:12:56 doer. He's a doer. I'm going to, I'm going to make cars, rockets, boring tunnels, internet, satellite all across the world. He's just a doer. So he sets all that aside. He torches his personal brands because the liberals got fired up to hate him and Trump didn't do anything to back him up on that. Right. They didn't go after the people funding all of the hate Elon campaigns. So he torches his personal brand, sleeps on the floor, puts everything up there, finds all this waste, fraud and abuse. And they basically said, we're not going to use it. And then turns back around and weaponizes doge against him. Potentially. That's awful. That's a betrayal. That is a betrayal. Full betrayal. So not one to deal with betrayal lying down as a
Starting point is 01:13:34 person who's who's a doer. You know, he said, is it time to create a new political party in America that actually represents the 80% in the middle. 5.6 million votes. Wow that's a lot. Yeah. I was one of those votes. I was in the blue up top because I'm all about... I mean it doesn't have numbers there but I guess you can see that more people said yes than said no. Well 80% did. Yeah so 80% said yes. And then Trump goes after Massey hard and then next thing you know Massey's like, oh cool. He's got like donors showing up from all over the country now, you know, including a lot of metropolitan areas. He doesn't just appeal to sort of rural folks. Look at that. My campaign is fueled by the grassroots donors on this map. 3,417 of you
Starting point is 01:14:26 donated $308,665 last week. Thank you. What is that? Just to average just under a hundred bucks? I mean, so that's pretty good. I mean, it's grassroots, right? A hundred bucks, 3,400 people. So he gets a bunch of money. It's gone way up since then. That's awesome. And, and Elon says every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame and they will lose their
Starting point is 01:14:55 primary next year if it is the last thing I do on this earth. And to which Justin Amash says please support Thomas Massey. The establishment is working to primary him because he's a genuine fiscal conservative and opposes the big bloated scam. And Elon says, I will. I will. So boom, boom. That's done.
Starting point is 01:15:21 And so what's fascinating is that this isn't the first time that Trump has tried to primary or said he's going to primary Thomas Massey. So he's, he tried primaring him in 2020. And so Josh Bohm said, Hey, croc, what happened last time Trump tried that in grocs at well in 2020, Trump tried to primary representative Thomas Massey after Massey opposed to $2.2 trillion COVID-19 free for all relief bill. I put the last free for all in there myself going on for a little bit. Trump endorsed a challenger, Todd McMurtry, criticized Massey as a grandstander,
Starting point is 01:15:49 which is he saying again this time. Massey won the Republican primary, squeaked by with a 81% of the vote. Uh-oh. Tough guy. I don't need you to read all this next part, Evie. I'm just gonna tell you that none of this, after all of this sort of came through, Trump just, he went on a wall of text and I hate to say,
Starting point is 01:16:11 but that kind of looks like a 13 year old who just got dissed by a boyfriend or something. Yeah, he is mad. He is mad. He calls him a grandstander. He's not mega. Mega doesn't want him, doesn't know him, doesn't respect him. He's in negative force. All that stuff. Blah, blah, blah. He's a loser.
Starting point is 01:16:30 Wow. Now, in my world, look, you can be, as president, perfectly can be unhappy with other politicians, but to take the position of the president to then personally go after a congressman is beneath the station of that office. It's like now you've just turned it into something else. So not a fan of that. But the way you handle this politically is you say, hello, you know, hello America.
Starting point is 01:16:55 Yeah, Thomas Massie. We have a few differences. Fortunately, we have far fewer differences than areas of agreement. We agree on a lot of things. We're going to come together. We're going to talk like adults. I'll tell him what I think. He'll tell me what he thinks. We're gonna come together. We're gonna talk like adults. I'll tell him what I think. He'll tell me what he thinks.
Starting point is 01:17:07 We're gonna find a way through this, something like that. That's what you do. You don't do this. No, that is, it's not graceful at all. Well, I still think I just wanna get back to this. I think we do need a third party. And again, our philosophy at peak has always been we're not left right.
Starting point is 01:17:26 That's right. We're up down, right from wrong. I think Thomas Massey invariably just goes for what he thinks is right, not left right. No, he doesn't. Right from wrong. Yeah, he's oriented the same way we are, I think. He just thinks for himself and says this is what's best for America. Right. So, poly market where you get to vote with dollars on are things gonna happen has been spiking of late. It's as of this morning actually when I just looked at it's up to 48% chance. The idea... The question is will Elon Musk create a new political party this year? So we're up to 48%. It's about a coin flip right now, but he may come up with a new political party.
Starting point is 01:18:06 Yeah. Um, by the way, cat turd is, is very much over here on the just, you know, Donald Trump or the highway. Anything about Donald Trump is, is amazing. Um, and, and so to that thing you just read out about, he wrote BAM. So I wrote, um, this makes Trump look petulant and small. There's no BAM here. It's just sad. Right. And Kay said, uh, what's that? Trump could have just agreed to disagree with Massey in Rand and be allies on
Starting point is 01:18:36 about everything else. Yep. That would be the right way to go about this. Yes. I think, I think so. So I don't, I don't know. Uh, I don't know. I don't know. But you but you want to see where it really jumped the shark. Yeah Of course literally Trump said this What you'll have to take a look at deporting musk What? No, oh Man, isn't that crazy? That is nuts. I don't know. Is that really true? I guess. At any rate, so now we have to contrast which Trump are we talking about? The one
Starting point is 01:19:12 who's empathetic and loves music and cries during music and you know it is very thoughtful and curious or is it this guy who's clearly just sort of like unable to deal with challenges And turns to pure vindictiveness when challenged. Yeah, you know, which one are we dealing with here? Um, Good question. Yeah, I don't know. It seems like he's kind of mercurial in his moods Yeah, how he does things but Yeah, yeah. Yep. Well well that is our show for today so we get up to this amazing part which is on audio some ebus but before we do that Evie of
Starting point is 01:19:50 course gonna close out the show with one of her famous readings. I love this it's called if it's so good and I don't have the oops I don't have the, oops, I don't have the author of it. If you can keep your head when all about you are losing theirs and blaming it on you, if you can trust yourself when all men doubt you, but make allowance for their doubting too. If you can wait and not be tired by waiting, or being lied about, don't deal in lies, or being hated, don't give way to hating. And yet, don't deal in lies, or being hated don't give way to hating. And yet don't look too good nor talk too wise. If you can dream and not make dreams your master, if you can think and not make thoughts your aim, if you can meet with triumph and disaster and treat those two imposters just the same, if you can bear to hear the truth you've spoken twisted
Starting point is 01:20:43 by knaves to make a trap for fools, or watch the things you gave your life to, broken and stoop and build them up with worn-out tools. If you can make one heap of all your winnings and risk it in one turn of pitch and toss, and lose and start again at your beginnings, and never breathe a word about your loss. If you can force your heart and nerve and sinew to serve your turn long after they are gone and so hold on when there is nothing in you except the will which says to them, hold on. If you can talk with crowds and keep your virtue or walk with kings nor lose the common touch. If neither foes nor loving friends can hurt you, if all men count with you, but none too much. If you can fill the unforgiving
Starting point is 01:21:32 minute with 60 seconds worth of distance run. Yours is the earth and everything that's in it and which is more you'll be a man my son. I think that's Kipling actually. Mm hmm. It is. I clicked a couple because we had a few people pointing out that's Kipling, including I didn't get to. Right at the beginning. Bermuda Triangle Gruber. Yes. I love that poem so much. It's so beautiful. Yeah. See the brain fog. I had a brain fog.
Starting point is 01:22:01 I had a brain fog. So there it is. Thank you so much everybody for joining us. It's always a pleasure to spend these afternoons with you and we hope you take good care of yourselves and each other and we will see you again next week. Indeed. Thank you very much everybody and come by peak prosperity, leave any comments you want
Starting point is 01:22:17 and we're always having a rockin' good time over there. So for those of you who are subscribers, come on back and we'll keep the conversation going. For everybody else, have a great week. Thank you for being here and we'll see you next week. Transcribed by https://otter.ai

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