The David Knight Show - Thr Episode #1967: “GENIUS Act” Crypto Trojan Horse, CDC Vax Skeptic Dumped by Trump, Tariffs, Tokens, and Debt

Starting point is 00:00:00 The In a world of deceit, telling the truth is a revolutionary act. It's The David Knight Show. As the clock strikes 13, it's Thursday the 13th of March, year of our Lord, two thousand to twenty-five. Today we're going to talk about more about the tariffs and it's the most important thing about this I think besides the intended volatility is the ridiculous lying of the press secretary. Love it. She got caught on a couple of whoppers, one about the tariffs, another one about the Epstein files. We're going to take a look at those. But there's something very serious that has been introduced. I've been saying for a long time that what they're going to do is a public-private partnership for what's equivalently a CBDC. Yes,

Starting point is 00:01:24 it won't be the central bank. It'll be a digital currency. And now we can see that bill introduced. Boy, things are moving pretty quickly, aren't they? And they call it the Genius Act. Isn't it interesting how they always call things exactly the opposite? Yeah, this is for the people who are not quite geniuses to see this coming through the back door. So we're going to talk about the very important implications of that as well as what's going on with this continuing resolution and the debt. People's comments on Thomas Massey. We'll be right back.

Starting point is 00:02:19 I want to begin with looking at the media and looking at how things are being spun and how perhaps some of the most dishonest media now has become the Trump sucker proxies. There's an interesting take on a poll that was done about the handling of the economy. So they asked people, how do you feel about the economy under Trump and that type of thing? The poll was done by CNN. So I know a lot of people are going to say, well, you don't listen to that at all. Well, it's a CNN poll, but it was reported one way by The Hill, and it was reported a completely different way by Breitbart. The headline is completely contradictory. Listen to this.

Starting point is 00:02:53 This is The Hill's headline. 56% disapprove of Trump's handling of the economy. On the other hand, Breitbart says CNN poll shows a surge in presidential approval of the economy under Trump. So how do we reconcile these two things? Well, we understand that at the core there's some basic facts and then it's going to be spun by these people and their credibility is really just in the gutter. It really is.

Starting point is 00:03:22 So what's the fact of this? CNN did a poll, found 56% of respondents disapprove of Trump's handling of the economy. By the way, where in the Constitution does it say that the President is supposed to handle the economy? Get your hands off of it. Just like get your hands off of those young girls that you were hanging around with with Epstein. It's just as well it's not just as disgusting but it is disqualifying. Anyway so 44% said that they approve, 1% don't know which is really pretty unusual because you usually don't only get 1% of the people who don't know about anything that you ask them about it's usually much higher than that. Okay, so that's the facts now

Starting point is 00:04:09 The Hill reported the you know and again The Hill is very dishonest when it comes to things like vaccines and a whole bunch of other things and and you should never never take headlines at face value you should never take reporting at face value. You should never take reporting at face value. You should never say, �Well, I trust Breitbart or I trust The Hill or I trust CNN or I trust Fox or whatever.� Never.

Starting point is 00:04:34 Or, �Trust David Knight.� Look at what is being said. Look at the data that is there. Now in this particular case, they reported accurately what the CNN poll said. Now Breitbart tells you something completely different. Did they criticize the poll or the methodology of the poll? No, they didn't. Instead, they looked at this same CNN poll, they looked at these same numbers, and they came up with a completely different take on it, a headline. So even though they don't dispute the poll, they don't dispute the numbers, and the numbers say 56% disapprove of Trump's handling of the economy,

Starting point is 00:05:09 what Breitbart does is they look at this and they say, well, that's a big improvement over Biden, over Biden. Biden left office, and this is Breitbart, Biden left office in January with only 33% of Americans saying that they approved of his handling of the economy. Trump now scores 44% approval rating. That's higher than Biden scored in any of the CNN polls since December of 2021. There you go, the glass is half full. There you go, the glass is half full and they'll always cheer Trump. So it has gone up from 33% the final poll that they had of Biden to 44%.

Starting point is 00:05:54 Here's the reality, has anything really even changed? This is just people's perception of the economy. Has anything really changed yet? No, there's been a lot of PR, there's been a lot of announcements, and there are a lot of lawsuits about all the things that are being done with Doge and with the Trump administration. So we don't really know where this is going to land. Is Trump going to win the lawsuits? Is he going to fight against the judicial supremacy, saying that he can't operate as an executive.

Starting point is 00:06:26 And clearly in some of these things he has overstepped his authority. But there's a lot of these things that he's being sued for that are under the authority of the executive branch. He could do an Andrew Jackson. I see no indication of that. As a matter of fact, we're going to talk about where he's winning, where he's losing. But the reality is that whatever has been announced by Doge or any of these other things is always subject to review at this point in time.

Starting point is 00:06:50 And it's going to take a very long time for this to play out in the courts. Even where there have been decisions at lower courts, these are going to be appealed further up the chain. That's going to take a very long time. So we don't really know about any of that stuff. Tariffs? Tariffs are going back and forth. If you think they're good or think they're bad. How do you like the fact that they're on again, off again, on again, off again?

Starting point is 00:07:10 That is rocking the markets. But the bottom line is, regardless of the reality of the situation, this is people's perception. And still, 44% approve of Trump. That's a victory, they said, because 33%. Now they also say that at this point in his presidency Biden had a 49% approval rating So when Biden was only what is it? Yeah, six weeks or so Maybe seven seven weeks into his presidency Biden's approval rating was 49% Trump's is 44%

Starting point is 00:07:44 Again what polls just like the political opinion polls, they don't really matter and they'll continue to go one way or the other. The point I had about all this is not whether or not this is all working, whether or not everything is great and wonderful, always up and to the right. No, it is simply about the way that this one piece of information, this opinion poll, is spun in such completely different ways. And so keep that in mind when we get into the continuing resolution when we talk about Thomas Massey as well. AP reporters sparred with the White House over tariffs. And so this is Caroline Leave It, Love It, I guess. Love It or Love It. Well, I didn't love it when she gave the answer about tariffs. It was completely dishonest. And she was called on it by an AP reporter.

Starting point is 00:08:45 So they're putting in a lot of Trump sucker proxy media into the White House press court now that won't challenge them. She's very smart and articulate, but now we learn that she's not very honest when they do all of this. And so he called her out on tariffs and she starts putting out this thing oh it's gonna be paid by foreigners who are bad people they're bad people you know the Democrat line we're gonna raise your taxes but don't worry these other people are gonna pay those taxes not you and they're bad people they're not

Starting point is 00:09:19 paying their fair share this is the standard line of Democrats I've heard my entire life and Trump is a New York City Democrat and now Caroline Lovett is selling that same thing and the AP guy is not having it. Now he would probably not challenge a Democrat who is saying this but let's listen to the exchange. If we could just step back for a second. When President Trump last addressed the BRT when he was on the campaign trail, his big push was on tax cuts. He's going there today as he's proposing tax hikes in the form of tariffs. And I'm curious for why he's prioritizing that over the tax cuts.

Starting point is 00:09:56 He's actually not implementing tax hikes. Tariffs are a tax hike on foreign countries that have been ripping us off. Tariffs are a tax cut for the American people and the president is a nonch advocate of tax cuts. As you know he campaigned on taxes on tips, no taxes on overtime, no taxes on security benefits. So it's not going away. He expects Congress to pass them later this year. I'm sorry, have you ever paid a tariff? Because I have. They don't get charged on foreign companies, they get charged on the importers. And ultimately when we have fair and balanced trade, which the American people have not seen

Starting point is 00:10:34 in decades, as I said at the beginning, revenues will stay here, wages will go up, and our country will be made wealthy again. And I think it's insulting that you're trying to test my knowledge of economics. You failed. The decisions that this president has made. I now regret giving a question to the Associated Press. Mary? I bet she does.

Starting point is 00:10:54 I bet she does. He nailed her. It's not about testing your knowledge, lady. It's about testing your honesty. Everybody knows that the taxes are going to be paid finally by the consumer and that's she engages in sheer Democrat demagoguery over these things and the examples that she said well you know we're gonna cut taxes here we're gonna cut taxes here. I hope Manga listened to that. They probably are

Starting point is 00:11:19 cheering her though because what she did was she listed income tax things. Telling you that the income tax is not going to go away. It's not going to be replaced by tariffs that are going to be paid by foreign countries. And the bottom line about all this stuff, she said, it's going to be paid by foreign countries who aren't doing their fair share, blah, blah, blah. We've never had a protectionist policy, or a tariff policy, I should say, that was just there to punish other countries, have we? Doesn't make any sense. The ones that Trump was talking about as I pointed out under

Starting point is 00:11:49 McKinley, it was there to protect specific industries. So it was targeted to specific industries, not to specific countries. And under Jefferson, it was about raising revenue because he'd reduce the size of governments to the point that he could just he could fund it off of Tariffs he could have funded it off of anything Because it was that small and so it's not about revenue Not about funding the government and replacing the income tax is not about that at all This government is is going to is so large and they're spending so much money This government is going to, is so large and they're spending so much money

Starting point is 00:12:31 that Trump has to add an external revenue service to the internal revenue service keeping the internal revenue service and rearranging the deck chairs on the Titanic was what she was talking about. So I thought that you know, you know, it is insulting that you're trying to test my knowledge of economics. Well you failed on that you failed on your honesty and integrity as well. I should never have given a question to the Associated Press. That's right lady because they will hold you to the fire as the opposition. Not that I agree with the Associated Press. I mean how many times I call them Associated Propaganda but on this issue see again on this issue he's right she's wrong you take these things issue by issue and you know it is I'm sick and tired of the tribal uh thinking that is there on everything

Starting point is 00:13:21 on everything on Massey you name it well he's bad you name it. Well, he's bad because he's against Trump. Oh, he's bad because he's in Congress or whatever. Take it issue by issue, folks. Come on. The Associated Press of all things, the Associated Propagandists, the people who have been out there saying, you know, we're gonna set the terms that can be used. You can't say somebody's an illegal immigrant. You can't call yourself pro-life. We're not going to allow that. Those people can when it comes to, I've said it about RT. RT will tell you the truth about America. They'll lie about Russia. Associated Press will lie about America and Russia. Usually they'll lie about both of them. But in this

Starting point is 00:13:59 particular case when they're talking about terrorists. He's exactly right and he's telling the truth because they're lying about this. So Trump has backed off of his threat to Canada. This is an RT headline. You know, it's back and forth and back and forth between Canada. And so who won? Again, this is like the CNN poll. Now, he puts the tariffs out there, he backs off many times, and they're on again, they're off again. And he comes back with tariffs on metals, on steel and aluminum, manufacturing metals. And so Doug Ford in Ontario says, oh, I'm going to put a tariff on electricity that we sell into the United States.

Starting point is 00:14:46 And so then Trump comes back and says, yeah, well then I'm gonna raise it to from 25% to 50%. How about that? And then Doug Ford backs off and then Trump backs off. So who won that exchange? I don't think anybody's winning with these tariffs, quite frankly, but you know, if you want to keep score on a professional wrestling basis, that one I would have to go to Trump over Doug Ford.

Starting point is 00:15:12 But nevertheless, the way it's reported in RTA says Trump backs off on the threat to Canada. U.S. President had previously announced plans to hit Canadian steel and aluminum exports with a 50% tax. Earlier in the day, Trump had vowed to raise tariffs on Canadian metal exports of 50%, calling it a retaliation for Ontario's Doug Ford's decision to impose a 25% tariff on electricity exports to Michigan, New York and Minnesota. Ford's move in turn was a response to Trump's initial 25% duty on Canadian steel and aluminum. This is why trade wars are stupid.

Starting point is 00:15:48 Stupid. Deregulate. Cut taxes. Don't add more taxes and start picking fights with other countries. He's not even... Now this particular Casey is talking about an industry, steel and aluminum. But it gets even more interesting when he tries to protect steel and aluminum from the UK. The UK that is working real hard and is nearly extinguished. I thought that they had finished closing the last steel plant. There's one that's hanging

Starting point is 00:16:15 on by its fingernails. It probably won't make it through the year. And so Trump picks that, picks a fight with the UK over that. The UK doesn't, the UK is on Trump's side. They don't want any steel or aluminum made in their country. The UK government, the UK people, you know, Keir Starmer and those people, they want to de-industrialize the UK and they're doing a pretty bang up job of it. Actually. Later, he specified that US Commerce Secretary Howard Lutnick quote, did a beautiful job, unquote, by persuading Ford to suspend the electricity

Starting point is 00:16:51 tariffs during a phone call, which then led for a commitment to resume trade talks. Ford and Lutnick described their discussion as productive, emphasized the importance of the US-Canada economic ties. They also announced plans to meet in Washington on Thursday to negotiate a renewed trade deal between the US and Canada. Trade deals with Trump are like US government treaties with the Indians, constantly subject to arbitrary renegotiation without any negotiation at all. Right. As Russell Means said in his book, where fight white, where white men fear to tread, he said, uh, Hey white man, the, uh, as you know, the federal government

Starting point is 00:17:36 has broken every treaty that it made with the Indians, the constitution is your treaty and the federal government has broken every aspect of that with you. What are you going to do about it? And now you see Trump breaking the trade treaties that he made with Canada and Mexico. It's the Constitution and all these treaties, they don't abide by anything that they do. Meanwhile, White House press spokesperson Kush D'Sai said in by anything that they do. Meanwhile, White House Press spokesperson Kush Desai said in a statement that the initially announced 25% tariff on steel and aluminum, with no exceptions, no exemptions, would take effect on March 12th, yesterday.

Starting point is 00:18:18 So one of the biggest victims of Trump's metals tariffs is the Ford F-150. The new costly steel and aluminum tariffs threaten to boost car prices and to dent the automakers' profits. Now, Trump would never be on board with the globalist agenda to get rid of cars, would he? You don't think so? I mean, Elon Musk wants to be the... he wants all private cars to go away. He said that. In just a couple of years, Elon Musk wants everybody, if they don't ride government-provided transportation, then they will ride in his little cybercabs or whatever those things are that he calls them. They don't have a steering wheel, they don't have a brake, they don't have a gas pedal. They got two doors, you set in the thing and it drives

Starting point is 00:19:05 you and you have no control over it and so that's what he wants he's got to get rid of the private cars Musk who runs Trump wants that the globalists want that now Trump tells you that he's trying to save our industries here. If you get rid of private cars, what's that going to do to the aluminum and steel industry? Bottom line. The F-150, the top selling vehicle in the US and the automakers main profit engine, is one of the industry's biggest users of aluminum. A blanket 25% tariff on steel imports has boosted the levy on aluminum made outside the US.

Starting point is 00:19:51 So, you know, what's going to happen? Are they going to, what's Ford gonna do? Are they gonna quit making the F-150 or are they gonna charge more for it? If they charge more for it, love it, who is actually paying the tariff? The Ford F-150 people, obviously. And so on CNBC, Jim Cramer says they're crushing us. He says that Trump is manufacturing a recession.

Starting point is 00:20:20 We're seeing a lot of people on the left saying that. Saying that he's decided to manufacture a recession because he wants to twist the arm of the Federal Reserve to lower interest rates. And we're going to talk about that, why that is really essential for them. If they have to renegotiate these interest rates at a very high level, that is really going to, they're going to lock those things in, and then the Trump administration and subsequent administrations are going to have to pay back this debt that they've accumulated.

Starting point is 00:20:49 That's $37 trillion worth of debt is going to have to be paid back at a higher interest rate. So he wants those interest rates dropped before they have to be renegotiated. This is a very big deal to him and he's willing to sacrifice everything, including the stock market in order to do that. The Dow Jones Industrial Average dropped over a thousand points Monday and closed at minus 890 points amid fears fueled by Trump's repeated refusal to rule out the possibility of an impending recession over the weekend.

Starting point is 00:21:22 The plunge followed similar drops last week amid scattered implementations of Trump's trade policies. I should say, you know, back and forth, back and forth. And so Jim Cramer says, well, we got a recession. And if we have recession, he said, banks are going to be the worst stocks. You know, uh, we've had Gerald Slenty has talked for the longest time about the commercial real estate issue that really began with the Trump lockdowns of 2020 and how that hasn't bounced back and how all the commercial real estate people have loans that are going to be renegotiated.

Starting point is 00:21:57 You know, most of them are like five-year loans. We're now five years out. It's not just Trump's, you know, the federal government's loans that are a large amount of them that are going to be renegotiated, but it's a large amount of the commercial real estate loans that are going to be renegotiated. And if these commercial real estate people go down and there's no buyers for their properties that are empty, well that falls on the banks. So even Jim Cramer can be right once in a while like a broken

Starting point is 00:22:25 clock. If we have a recession, banks are going to be the worst stocks to hold. Absolutely. But I would listen more to Gerald Slinty at Trends Journal than I would Jim Cramer. By the way, you can get 10% off on the code night if you go to trendsjournal.com. And it's not just Kramer though, who was always wrong on everything. He's kind of like the Auntie Nancy Pelosi. You know, you want to look at Pelosi and what she's buying and follow her. You want to look at what Jim Kramer is trashing and buy that or what he's promoting and don't buy that or sell it short if you know how to do that if you want to gamble. Wall Street is left dazed and

Starting point is 00:23:08 confused as Trump jolts the market again. This story from Yahoo Finance, actually it's Bloomberg. It was just after 10 a.m., a half hour after the opening bell and the Standard & Poor's 500 index had started to steady from the fear-induced sellout that swept across Wall Street on Monday. Then Trump took to truth social and he fired off another broadside and his trade spat with Canada. Again, this is not really about a particular industry. Although what he's going to do is wreak havoc on the automobile industry, which is what

Starting point is 00:23:43 I think that the Globus Masters and Elon Musk really want. But he hit another broadside against Canada jolting traders and sending stocks lurching downward yet again. No one is blinking on the trade war yet and that's troubling to our clients. The market thought that Trump was bluffing. You know, I never did. I remember, I talked to several people, interviewed several people who said that they thought that Trump was bluffing.

Starting point is 00:24:16 He's just using this as a negotiating tool. I said, no, I think he's serious. And I say that because I think that his motives are malicious. You look at the damage that he did to us. Trump, although I'm not impressed with his intelligence, could not possibly be that stupid to not understand the consequences of what he was doing. He's a businessman. He knew what he was doing in 2020. It was malicious destruction, sustained malicious destruction that he paid people to do. So what President Trump is doing is insane. Exasperated CNBC host says, this is Steve Liseman, he said on Tuesday, he said

Starting point is 00:24:57 Trump announced that he would hike tariffs on Canadian aluminum steel while once again claiming the US northern neighbor has become will become the 51st state. Reality TV professional wrestling nonsense. Trump has authored a series of 180s that began in February when he announced 25% tariffs on Canada and Mexico and this whip saw actions back and forth as too much for Leesman. This is a media-ite anti-Trump organization but looking to evaluate the information. We've seen the whipsaw vacillation, the volatility, the confusion, the chaos that Trump is creating. Again, is he that stupid or is it intentional? He says, Leesman says, I'm

Starting point is 00:25:43 gonna say this at the risk of losing my job. But what President Trump is doing is insane. He's absolutely insane. It is about the eighth reason that we've had for tariffs. And now he is saying that he's putting 50% tariffs on Canada unless they agree to become the 51st state. This is insane. It's no other way of describing it. And again, this is the bullying, professional wrestling approach to government. And so, just hours after he said he's going to take it up to 50%, and after Doug Ford backs off just hours after he takes it off again and see this is a good reason why the the founders of this country said that tariffs and things like that be set by the Congress not by the president see he rules like a little

Starting point is 00:26:37 dictator like a king he's putting these tariffs on he's taking these tariffs off everybody's like what's he doing right now? Why don't I? It's going back and forth, back and forth, back and forth. There was wisdom in what they did in the Constitution and say these things are going to be set by Congress. And Congress doesn't want to do that. And the President doesn't want to do that. He wants to do it himself. And if you've got one person doing it, it can change multiple times a day. Wouldn't it be interesting if we ever tried the Constitution? Wow. Think about that.

Starting point is 00:27:14 So the UK will not respond to the US steel tariffs, says a British official. As I said before, this is the dumbest of all things. Because of course, Britain doesn't want steel manufactured there. The UK wants to shut it all things. Because of course Britain doesn't want steel manufactured there. The UK wants to shut it all down while the European Union is planning to hit back against the 25% tariffs on the imports of metals. The UK official who asked not to be identified said that Britain would continue to engage with the US in an attempt to secure an exemption but they don't really care. You know the bottom line that I was surprised that there was any steel that was being sold

Starting point is 00:27:48 from the UK. The UK steel exports to the US are worth about 400 million pounds, virtually nothing. We're talking about an entire industry coming into the United States. According to the industry body, the UK Steel, which says that with the introduction of the US tariffs, quote, it would be a devastating blow to our industry. This is a way for him to kill off steel, kill off car companies, independent car companies, and the rest of stuff. Look, they've already, as I pointed out last year, you know, they

Starting point is 00:28:16 closed down what I thought was the last steel plant in the UK, Port Talbot. Turns out there's actually one more at Scunthorpe, and it looks like that's going to close this year. Within the last two years, you know, between 2024 and 2025, they're going to finish closing all of the steel plants in the UK because the Labour Party wants to de-industrialize the UK. They say it's for climate. No, it has nothing to do with it.

Starting point is 00:28:48 Their contribution to the climate at this point is so ridiculously small. It's ridiculous to see this happen. It's the other agenda. We all know what it is. But the interesting thing is, in just the last five years or so, the accelerated closure of steel plants in the UK, even the there was an Indian company, Tata, Chinese company was there as well. They had set up steel plants in the UK and they had to close their steel plants because you're only allowed to

Starting point is 00:29:22 use energy in India and China. You can't have an Indian or Chinese company build a steel plant in the UK. That's not allowed because you know global warming. So go build your dirty power plant to run your steel plant with no emission controls. You can do that in India. You can do that in China but the Indian and Chinese corporations can't do that in the UK. This is the incredible stupidity of all this stuff. Canada and the EU swiftly retaliate against Trump's steel and aluminum tariffs. Canada the largest supplier of steel and aluminum to the US will place a 25% reciprocal tariffs on steel products as well.

Starting point is 00:30:01 It will raise the taxes on a host of items, tools, computers, servers, display monitors, sports equipment, cast iron products, and then in the EU the European Union will raise tariffs on American beef, poultry, bourbon, motorcycles, peanut butter, and jeans. There you go. It's great, isn't it? Are we winning yet? You can count me in the 56% of the people who say they're not happy with what Trump is doing with the economy. The new tariffs will cost companies billions of dollars.

Starting point is 00:30:39 Companies will either take the losses and earn fewer profits or, more likely, if they want to stay in business, they will pass the cost along to consumers in the form of higher prices. You can't tax a corporation. Conservatives just always understand that. They just always say whenever you pass a put a tax on a corporation they'll pass it on. We can't tax countries either and that's the the utter folly and insanity of what these Trump tariffs are about they don't even make sense and the historical perspective that we're going to protect an industry or we're going to fund a smaller government just using tariffs he's not getting rid of the income tax he needs a whole new line

Starting point is 00:31:18 of taxes out there preferably and the reason he's doing it with Canada and Mexico is because the tariffs with Canada and Mexico turn into a value-added tax. It's constantly going back and forth and back and forth during the manufacturing process. And just like a VAT, you don't see the hidden cost. All of a sudden, everything is just a lot more expensive and you have to raise your prices. And he also didn't pay any attention to the treaty that he signed and bragged about. We deeply regret this measure. Tariffs are taxes.

Starting point is 00:31:50 They are bad for business and even worse for consumers," said Ursula, fond of lying. She's telling the truth. It's like the old thing, you know, Satan lies to you about God, but when he talks to God about you, he tells the truth, okay? That's what's going on with these people. When Ursula Fond of Lying talks about Trump, she'll tell you the truth sometimes here. Sometimes. And she is telling the truth right there, even though she is fond of lying. We're gonna take a quick break before we do. I'll read some of your comments here. Seminar caller

Starting point is 00:32:31 Former Rushland or Rushland ball listener, I guess. David, did you hear that? Lutnik is saying that Trump wants to eliminate income tax for anyone making less than $150,000. Yeah, right. He's not gonna do000. Yeah, right. It's not going to do that. Look, this is again, what is this? This is Democrat talk. Don't worry about the tariffs. They're going to be paid by other people and they're bad people and you want to soak them. Oh, we're not going to tax the middle class. Remember when Obama said, oh yeah, we're not going to tax, not going to raise taxes on, and Biden as well, we're not going to raise taxes on anybody who makes less than a certain amount. I think it was even $150,000 and they wound up doing it anyway. They got a lot of different ways to skin the cat and to grab the tax, don't they? I don't believe any of that stuff.

Starting point is 00:33:22 And as conservatives have always said, you know, we talk about changing the form of taxation We're gonna wind up getting two forms of taxation because they're not gonna take off the income tax Secondly if you say we're gonna soak the rich Haven't conservatives always understood but of course, these are all you know, Lutnik and Trump and these are all people from New York They're all New York Democrat liberals. But everybody else in the country always knew that if you took all the money from all the income taxes from the uber rich, that they wouldn't have sufficient tax base to pay for anything.

Starting point is 00:34:00 They've got to get it from poor people. It's not going to work otherwise. And of course, whenever they raise the taxes, guess what? These people like Leutnick, like Musk, like Scott Bessent, like Trump, they always find a way not to pay taxes. They hire the best lawyers, they use all the loopholes, and if they can't find a loophole that they need, they pay a politician to create one. M Sellers, everyone I know is complaining about the economy and we're winning. Yeah, we're absolutely winning here. North American House Depot, Neocon Media isn't complaining about the economy.

Starting point is 00:34:37 In fact, they've been completely ignoring the ongoing stock market collapse, three weeks and counting. Exactly. That's what I'm saying. It's just astounding to me how they cover for Trump. I call them Trump sucker proxies. Tom McDogg income tax is not going away. Nope. Terrors will be used to... She even said that. The example, she goes, well, he's going to cut taxes here and there. Those are little deck chair rearrangements of the income tax, which is going to be permanent. Trump says,

Starting point is 00:35:04 I'm going to make that corporate tax rate permanent. Oh, well then the conservative media comes out and says, he's going to get rid of the income tax. They just flat out lie to you. Terrors will be used to augment the government's income. That's the dirty lie. They won't cut the budget, so they need more money. It's obvious to me.

Starting point is 00:35:19 That's right. And it's obvious because Trump got really angry with Mike Johnson and the Republicans because they did not get rid of the debt ceiling for two years. That's what he wanted. I said, so he's not planning on doing anything about spending. He's not planning on doing anything about the deficit because he wants the debt ceiling to go away for two years. While Niagara, Doug Ford went from conservative to outright communist during COVID

Starting point is 00:35:46 when he saw how much money he was going to make. He still hasn't hired medical staff that refused the jab. That's interesting. That's interesting. Dougalug. Last night, Trump said he was going to just reciprocate taxes, charge a country whatever it charges us. He gave the impression that was how he was going to do it after all. Yeah, this is about country versus country. It's all about chaos. There's no other purpose for this except to create chaos, division, professional wrestling stuff. That's all it is.

Starting point is 00:36:22 And I think it is absolutely reprehensible. Not as reprehensible as killing people with a jab and then the idiots who vote for him and cheer for him and ignore that. But it is absolutely reprehensible. We're going to take a quick break and we will be right back. You're listening to The David Knight Show. Alright, and we're back. And so, I had a lot of people who sent me information about Doug Massey and what they didn't like about him. And look, he is a congressman. And that's what a lot of people don't like about him. This was sent to me by Harry Hound. He said, this guy 7C's, he says,

Starting point is 00:37:57 Club for Growth gave Thomas Massey $192,000. And I don't, this is part of what's wrong with Congress, right? You shouldn't be getting $192,000 from anybody. $190,000 total. We'll never have representative government until government becomes representative because in order for that to happen you would have to go back to the original plan of the Constitution where they were going to cap the number of people represented by anybody. And so it was, and I had somebody write me about this last time I talked about it, it

Starting point is 00:38:37 was I think 30,000 in the Constitution or 50,000, but bottom line is they, I think it was 30,000, they broke it right away and went to 50,000 and then that happened for a while and then they just decide okay we're gonna cap instead of capping the number of people that are represented we're gonna cap the number of congressmen and that's why we are where we are now with I think it's like 750,000 maybe people on average represented by a congressman they're not doing a very good job of representing, are they? And there's too much money, too much concentration of power, too much money concentrated in it. So that's the first thing.

Starting point is 00:39:12 The other thing is the club for growth, and he points out people who have given a club for growth a lot of money, Peter Thiel, Robert Mercer, Paul Singer, not people who were on our side, obviously. But again, there are different groups. He has put a stake in there, said he's not going to support AIPAC. And I think that is a legitimate position of his. It really doesn't make any sense, as one person said, well, this is all just fake stuff. One person and their comments on Twitter said well I really hate the state and constructive government isn't even a thought but it seems to me to be counterintuitive to be outspoken against Zionism and AIPAC influence to fool

Starting point is 00:40:02 people and then think about that he is against it when he isn't really against it. There are real divisions. That's why I say, you know, you take these things issue by issue. We have a situation where AP versus Levitt. Most people are going to say, well, I'm on AP's side or I'm on Levitt's side. Well, I'm on the side of what's true. And that can sometimes change. You know, so in that weird situation, AP was telling the truth for once. I'll have to write that date down as a reminder to me that that

Starting point is 00:40:36 kind of thing can actually happen, even from the Associated Press. So, Seventh Seas said, and I agree with some of the things that he has to say, not all of them. He says, seeing as I don't think anyone in government is trustworthy, it feels like character building for Massey. Elections are straight. I agree with that. I agree with that.

Starting point is 00:40:55 Um, and he says, thanks Dominion and Smartmatic. That's pretty foolish, stupid, because quite frankly, the corruption in elections has been far longer than that. This is somebody who just started paying attention in 2020 if you want to look at it that way. I said in 2016, I said the next election is going to be a hacking fest. We had a long history of smartmatic and electronic voting machines and and it doesn't even start with the voting machines. That's the corruption that's at the tail end. They've got corruption that is added at every stage, and the key stage where it happens

Starting point is 00:41:29 is, and here's the amazing thing, you've got these partisan people who jump on one side or the other, and yet, and we can see that's a big problem, isn't it? And I tell you that the biggest problem our whole system of government has is that we've allowed them to establish a two-party duopoly and maintain that. And unless we have a new political party, unless we have a ballot that is open enough to that kind of stuff, we'll never have any change. And it doesn't matter who's running or how much money is put in or who's making the contributions. That's the fundamental flaw. And I can tell you that from having been involved with third party politics. If you're going to pick who is on the ballot and keep everybody else off,

Starting point is 00:42:15 you've already pretty much chosen the election, haven't you? And these two parties have established all this. That's where all this two-party nonsense starts, with a ballot. And then, of course, they also pick who's going to be in the debates and who's not going to be in the debate. So it begins long before you get to the corrupt electronic voting machines of Smartmatic and Dominion and that type of thing. So he says, I think his role is much like Ron Paul's, a non-consequential voice vote to make people believe that there are good ones out there.

Starting point is 00:42:47 I'm not that cynical. I'm pretty cynical, but I'm not that cynical, quite frankly. I think it is important for us not to see that there's good ones out there, but it's important for us to see the example that even if you are the only person in the room doing the right thing, you do the right thing. Remember the picture of the one guy? They have a sea of people at a Nazi rally and everybody's got their right arm up raised in a Nazi salute and his is down and you see him circled in a red thing.

Starting point is 00:43:19 You want to be that person. You want to be the person who's going to follow what you think is right or wrong. And so I think that's very important when you see Ron Paul or Thomas Massey doing that. I think that's very important. We have to model that for people. You can say, well, that's just psychological, behavioral stuff. No it isn't. No it isn't.

Starting point is 00:43:39 That's the last thing these people want to model to you. They want you in groupthink. They want you in the two political parties. They want you in group think. They want you in the two political parties. They want you to go along with everything else. And so that's why I cheer Thomas Massey and Ron Paul. Not because they're right on everything. Not because they have focus. Look, one of the big things that I've got against Thomas Massey is he's pretty much remained silent on all the vaccine stuff, hasn't he? He fought the COVID lockdown and the PPP stuff, but he's remained silent about the other stuff. So like I said, I agree with him on things that he does, and the thing that I like the

Starting point is 00:44:14 most about him and about Ron Paul is the fact that they're going to take that road and they're not going to turn. You need to be that person. You need to think about what you believe about something, and you need not going to turn. You need to be that person. You need to think about what you believe about something, and you need to stick to that. You need to have the integrity to do that. I despise people that flip-flop back and forth all the time like Trump is doing with tariffs. It's absurd. And then this I absolutely disagree with. He says his recent bill to end the Fed is going to clear the way for CBDC and will most likely be something like Tether. He's absolutely wrong about that.

Starting point is 00:44:50 So now we're supposed to keep the Federal Reserve according to this guy, 7 Cs? Does he see what the Federal Reserve is about? Does he understand the history of it? Does he understand how it manipulates the economy? So to say that we're going to audit the Fed or end the Fed, that's controlled opposition? Come on, give me a break. This guy is too black-pilled to see what's going on. He absolutely is. For me to call somebody black-pilled, I mean that's cynical.

Starting point is 00:45:18 But look, and I'm going to talk about this coming up, this bill, this genius act that has been introduced, and I'm going to spend some time on this, and we'll talk to Tony about it as well. This genius act that is out there keeps the Federal Reserve. It keeps their hand in the pie, right? It gives them a role. It keeps the banks and it gives them a role. It keeps the banks and it gives them a role. But what it does is it brings in all the functions of CBDC through the back door so that Trump and his corrupt cronies and Wall Street and Silicon Valley can make the money. That's what it does. And that's what I said it was going to be all along. They're going to give everybody a piece of

Starting point is 00:46:01 the pie. Think about the scene from The Godfather, where you've got the Miami mafia figure, you know, and they're cutting his birthday cake. And he's handing out a piece to this group, and then you get this piece, and all this other kind of stuff. And he's also somebody, just like all of these people in Washington, thinks he's going to live forever, you know? He's in horrible health, he's very old, and yet he's going to continue down that path until he dies. And thinks that he's going to take on the younger guys and end them. No, look, this end the Fed is a good thing. And you ought to support it instead of setting back and saying, well, this is just really

Starting point is 00:46:41 cynical. I mean, and when I say support it, you ought to send some letters. It makes a difference to some of these people. It really does. I've said it over and over again. In a fully Democrat state that was completely owned by the teachers union, a letter writing campaign from homeschoolers in North Carolina shut down this act to ban homeschooling. They do pay attention because most people don't write them.

Starting point is 00:47:03 If they get a massive groundswell, then because of the fact that people don't write them, they think, wow, this must really be big. It's a great way of looking much bigger than you really are. So, and then he says, and he endorsed Trump for president. Look, he's just trying to appease the MAGA cult about that. He's not perfect, like I said, he's not doing anything to oppose the vaccines and But you know if he's going to oppose the Federal Reserve I can get behind that if he's going to stand on What he wants to do I can applaud that so

Starting point is 00:47:37 I mean there were a couple people there that said oh, yeah If we get rid of the Fed That's going to lead straight to a digital currency. And it's like, no, no, absolutely not. They'll do it one way or the other. This is also another letter. This is from Mike. He says, after listening to yesterday's show on Wednesday, I was curious about how extensively

Starting point is 00:47:59 Antonio Gramsci would appear in a search of Cornell University's website. You're correct, he said, this Marxist is worshipped in the Ivy League as these search results clearly show. Here's a link to the sickening results he gave him to me. But this is, you know, absolutely he's worshipped by these people. And we should pay attention to who Antonio Gramsci, because it's his strategy. Everybody's saying, how did all of corporate America and the universities and all our institutions, how did they get taken over by Marxists? And the answer is, by design, to march through the institutions.

Starting point is 00:48:38 That was his slogan. He said, we're going to take over the society not by grassroots rebellion, not by fighting in the street like Lenin did in the Russian Revolution. We're going to take it over from the top down and we're going to march through all the institutions, through education, through entertainment, through corporations and especially through government. And that's exactly what has happened. You need to understand what Gramsci was about. That'll open up a lot of understanding of what we really are. This was sent to me and I talked about this already.

Starting point is 00:49:12 Peer-reviewed study links, bird flu strain to USDA GAINA function experiment in Georgia. And as I pointed out, this is all a bunch of bunk. This is all reprehensibly being pushed out there by Peter McCullough who has become Alex Jones 2.0. He's doing exactly what Alex Jones did five years ago, 2020. He's pushing fear and all the rest of this stuff. And I said that. I was surprised. And Dr. Jane Ruby contacted me. She said, be careful about Robert Malone, because I said, look at this, Robert Malone even said it's total BS, and it is what Peter McCullough is. And he said the only difference between Scott Gottlieb, who pushed all this stuff for Pfizer and then went to Pfizer, and Robert Malone is that Peter McCullough's company is smaller.

Starting point is 00:50:06 And it's exactly right. That's the only difference between Scott Gottlieb and Alex Jones or Mike Adams is that they got a smaller company. But they were still pushing this stuff for their own benefit. And lying to people, grifting people. And so I talked about that and I said, well, that's great. I'm really surprised that Robert Malone would do that. And I'm really surprised that Zero Hedge would do that. And I was because I consider Robert Malone to be a limited hangout.

Starting point is 00:50:33 And I know that Zero Hedge has been paid, you know, I see these ads about the bird flu pandemic is coming. It's all over the place. And I've featured those. I've talked about that. And he's paying for those ads at Zero Hedge. And so I was surprised that Zero H hedge put up the tweet from Robert Malone But dr. Jane Ruby said be careful because he sued me and the Breggins, you know sued them

Starting point is 00:50:55 For sued assault for 25 million dollars Robert Malone did I didn't know that She said it took two years and a hundred thousand dollars in legal fees for us to get the case dismissed. It was a frivolous lawsuit. And she said, he's also told people about the jab, but at the same time, just like Alex, he gets, you know, he gets behind him, pushes it in other places. She said there was a public event where he got a bunch of kids on the grass and he's telling them how wonderful vaccines are and all the rest of the stuff. Same kind of stuff that Alex was doing. Oh yeah, for Trump it's great. Trump's going to protect

Starting point is 00:51:31 you from the bad Gates vaccine. This is just like sugar water. You can take a little bit of adjuvants there, you know, the mercury and the aluminum. Those are fine, when he'd been telling people for 20 years that that's what's giving people autism. So this stuff about McCullough and this peer-reviewed stuff, let's understand first of all, peer-reviewed doesn't mean it's true. It says some other people looked at it. And but sometimes things are dismissed without even being looked at or peer-reviewed. But sometimes a peer-reviewed study is wrong.

Starting point is 00:52:03 It doesn't mean that just because of the people looked at it that it's right. Peter McCullough ran this thing and got some people, some peers, to review it. And of course now it is conventional wisdom that all pandemics come from a laboratory. And that's what he's trying to say. It came from a laboratory experiment in Georgia done by USDA. Gain of function nonsense. And it is nonsense. I don't buy into any of this stuff. And the story that he said was he said, well, it doesn't do any good if you got more biosecurity at the at the chicken farms. Because it's the mallard ducks and the mallard ducks are gonna keep bringing it to them.

Starting point is 00:52:44 It's like, okay, well explain to us, genius, why the mallard ducks and the mallard ducks are going to keep bringing it to them. It's like, okay, well explain to us, uh, genius why the mallard ducks aren't dropping dead everywhere. Okay. That's the, the canary in the coal mine that didn't die. Is the mallards everywhere. So Peter McCullough is selling you the daffy duck explanation of what's going on. And the daffy duck explanation is for people that are daffy, and it's for people who are trying to duck what the truth is about this stuff. And the people

Starting point is 00:53:10 who are trying to push the fear about lab stuff to cover for what was done five years ago, well it was real, we did the best we could, yes everything we did made it worse, but hey, it was a real thing. No it wasn't. And, everything we did made it worse, but hey, it was a real thing No, it wasn't and then to say and we're gonna have another one. And so you buy my product now I'm disgusted with this stuff Connie Bologna sends this to me says this is something that I thought this is a funny article out of Scotland out of Glasgow article out of Scotland, out of Glasgow. The people are baffled by new street names, including Vaccine Drive and Laboratory Place. Would you want to live there?

Starting point is 00:53:52 He says, even weirder, he says, Vaccine Drive is located at the corner of Cardiac Arrest Street and Turbo Cancer Boulevard. I'm sure that the traffic reports say that all arteries are clogged. Residents quickly picked up on the medical theme with Virology Grove and Radiography Road, also making an appearance. The estate was constructed on the grounds of a former hospital in Glasgow, Scotland, which treated patients with infectious diseases like scarlet fever, tuberculosis, smallpox. It closed in 1998 after lying dormant for over two decades, the site was transformed into low density housing.

Starting point is 00:54:33 And they've got a picture in the article of vaccine drive. Locals shared their views on the quirky street names on what's the jam. One resident remarked, I know it's the former site of a hospital, but these names are ridiculous. I'm all for acknowledging the history of a site, but they could have been more creative with the names. So one person said, I hope some mad conspiracy theorist lives that vaccine drive. You mean like Fauci? Yeah, he was the mad scientist.

Starting point is 00:55:02 He was, and he wasn't a conspiracy theorist. He was a conspiracy orchestrator. One person said, is there a colonoscopy avenue? Yeah, that's them. So they can do whatever they want, I guess, in these particular places. But we're going to take a quick break before we do. Yona Anowody says, human beings worldwide are all being brutally impoverished to enrich the hoarding few.

Starting point is 00:55:30 We're witnessing the single greatest ongoing transfer of wealth in human recorded history. And I'm going to talk when we come back about this genius act and the deception inherent in it. Marky Mark, New Jersey, thank you. He says, Whitten, a constitutional amendment be needed to cap the House at 435 members? It would seem so to me since that's stipulated in the Constitution. Well, no, actually, I don't remember if they, I don't think that they changed the

Starting point is 00:56:01 Constitution. They passed a law. I think the Constitution still says that there was a cap of 30,000. But either way, I mean, you know, yeah, it's not going to happen. They would never dilute their power because that would dilute the money that they are able to squeeze out of people. So they don't want that. You know, the argument I used to hear before we had computers and all the rest of this stuff was, well, we could never fit everybody into one building. But I, you know, this was the early days. I said, no, you'll be able to do that over the internet. This is back in the late 80s, early 90s when I was talking about it. I said, no, you can do that. You just have people stay at home and they do it electronically.

Starting point is 00:56:42 Imagine if you had, I forget what the number was, it's something 8,000 something people. If you capped it at like 30,000, 50,000 people, you'd have like 8,000 congressmen instead of 435. It actually would be representative. And you would have the people would, of necessity, be living in the district that they represent. It would be far more representative. You'd have the power would be decentralized, their power would be diluted,

Starting point is 00:57:13 and these are all the reasons why they will not do it. Whatever it would take, they will not do it. We're going to take a quick break and we'll be right back. I'm going to be a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a

Starting point is 00:58:18 little bit of a little bit of a little bit of a little bit of a little bit of a So The The The Defending the American Dream. You're listening to the David Knight Show. Let's talk about this Genius Stablecoin Bill. The Genius Stablecoin Bill officially titled the, and this is their acronym, I just love this, Guiding and Establishing National Innovation for US Stablecoins.

Starting point is 01:00:22 Genius. for US stable coins. Genius! Well, you know, when you look at these acronyms, typically, like the Patriot Act, they are the exact opposite of what they spell out. I have a better title for this. I think we should call it, if we're going to be honest, we should call it the Lucky Lutnik Get Richer Quicker and the Backdoor Private CBDC, but then it gets a lot of letters. That's like LLGRQBPCBDC. So I think we just call it Lucky Lutnik Plus.

Starting point is 01:00:56 Maybe that will take a tip from the alphabet mafia people. Anyway, this is bipartisan and they've had a lot of these types of bills that they have tried to put out there to push forward this exact thing. This particular one has two Republicans and two Democrats. The Republicans are Bill Haggerty in Tennessee and Tim Scott in South Carolina. Oh, and also Cynthia Loomis who's always been about crypto stuff. On the Democrat side, they've got Kirsten Gillibrand out of New York. In the past, they have had others that have been put forward that were also

Starting point is 01:01:30 bipartisan. They said, the bill aims to establish a comprehensive federal regulatory framework for payment stablecoins. These are cryptocurrencies that are designed to maintain a stable value by being pegged to an asset like the US dollar. You see the flaw here, right? The US dollar stable. What they're trying to do is they're trying to prop up the dollar. Again, spinning it around, it's always the same problem. It's always the same problem that you got with the fiat currency, where when they did Bretton Woods they're going to pin it to gold.

Starting point is 01:02:08 And in no time at all they realized, hey, they're printing more paper than they've got gold in Fort Knox to back it up with. So that created a crisis of confidence after about 25 years, I guess. So then they create the petrodollar. So they're always going to come up with something. So they're going to tie it now, instead of tying it to energy, to oil, they're going to tie it to a stablecoin, to a blockchain. And I guess that should confuse people long enough for them to continue this

Starting point is 01:02:45 three-card Monte game that they're going. So again you're going to tie it to the dollar which in and of itself is just what is worth what I say it is. How is that stable? But here's why they're going to use it. So the key provisions of this act, first of all they define what a payment stable coin is. The bill defines payment stable coins as digital assets used for payments or settlements. In other words, they're going to kind of give this legal tender ability, right? Then permitted

Starting point is 01:03:19 issuers, only specific entities can issue these stable coins in the US, including subsidiaries of insured depository institutions, in other words banks or credit unions. They put them here first. But folks, as we see the functions of CBDC, as we're talking about this from the very beginning with CBDC, it's going to put banks out of business. Small banks will go out of business. They won't be needed. And so, they put them there so they've got to think that they've got a place at the table. It's not about that. This is about a monopoly, about an oligarchy really. And that comes in in the second line. They've got three different issuers here. The first one are going to be banks or credit unions. Second one would be

Starting point is 01:04:02 The first one are going to be banks or credit unions. Second one would be federal qualified non-bank payment stablecoin issuers approved by the Office of Comptroller of the Currency. Let's see, that would be somebody that's under the Commerce Department, under Lucky Lutnik. And Lucky Lutnik is the king of stablecoins. He is heavily involved in Tether. And then the third one is state qualified payment

Starting point is 01:04:26 stablecoin issuers subject to state regulations in line with federal standards. So they say, you know, well you can just like you can incorporate in Delaware or whatever because you some of the things that they do are supposedly better than if you incorporate in some other states. Of course it kind of bit Elon Musk didn't it, when that Delaware judge jumped in and said, I'm sorry, you're paying yourself too much. It's like, who are you to decide that? Anyway, but in the same way, you would have these things be able to go into

Starting point is 01:05:00 different states. Regulatory oversight. So there'd be federal versus state balance. Issuers with market capitalization over $10 billion would be subject to federal oversight, smaller which means that they don't get any oversight at all. If they're really big, they get overseen by the federal government, like the FDA oversees the big pharma companies and the USDA oversees the big egg companies and all of it. So in other words, they can escape regulations completely if they're really big.

Starting point is 01:05:29 If you're smaller, you can opt for state regulation if the state framework is essentially the same as the federal standards. And then it gives a role to the Federal Reserve. Remember what I said earlier? This is not, these private cryptocurrencies that they're going to come out with have all the functionality that we hate about CVDC. But hey, it's private so that Trump and his friends can get really, really rich. And they're going to give the banks a little role, they say, and they're going to give the Federal Reserve a role. The Federal Reserve's role is limited direct oversight, but it can intervene during emergencies. Well, emergency is a natural

Starting point is 01:06:15 state of government now, isn't it? I mean, we just go from one emergency to the other. We have multiple emergencies going on all the time. It doesn't take much to get them involved then if it's going, if they can step in with an emergency. So the reserve requirements. Stablecoins must be backed one-to-one by high quality liquid assets such as US currency. This is a way to bolster confidence in the dollar. You're gonna tie this cryptocurrency that is going to then add all the features of being able to see what people are doing and being able to freeze assets very easily. That's very important for them, okay, to stop you from, to confiscate your money just like that. And so to be able to do it on a permission basis, just like CBDC, and yet to bolster the dollar.

Starting point is 01:07:08 Now why are they worried about bolstering the dollar if they're going to get rid of the Federal Reserve? They're not. They're not going to get rid of the Federal Reserve. So stable coins must be backed by the US dollar or by short-term Treasury bills. Or you could throw in the repo stuff, right, as well. They had that repo market, remember, 2019, the fall of 2019. The Fed was dumping in, before all the quantitative easing stuff really exploded, they were dumping unbelievable amounts of money and chunks. First they throw in an amount that is equivalent to the entire gross domestic product for a year of Puerto Rico. Then they throw in the entire gross domestic product of Switzerland at one point in time, which is the 20th largest

Starting point is 01:07:53 economy in the world. They're just dumping this stuff in left and right. And I remember talking to Tony Aardeman about it and Gerald Salenti and we're like, what in the world are they up to here with this stuff? Anyway, and then prohibition. They specifically prohibit algorithmic stable coins. Remember that. And so again, this is, they've already put in some legislation. We're only six or seven weeks into the Trump administration. I said this was going to happen.

Starting point is 01:08:22 I said, you know, they're going to prohibit CBDC because everybody's wise to that. Okay, we won't call it CBDC, but we'll bring all the functionality in. We'll do it in a public-private partnership. And I and my friends are gonna make a killing off of this stuff. And that's what this,

Starting point is 01:08:37 this is what this legislation is about. From again, to show you who is owned, Tim Scott, Bill Haggeraggerty Cynthia Loomis Kristen Gillibrand. Yeah Consumer protections will stable coin holders will get first priority in bankruptcy claims against the issuer. Wait a minute Why would they go bankrupt if they're holding if they got this tough and they're tying it one-to-one to the holding if they've got this stuff and they're tying it one-to-one to the to the to the dollar and then of course we'll have all their anti money laundering stuff there know your customer rules and I think complete visibility for everything and the ability to shut things down so the

Starting point is 01:09:19 purpose of this as they point out the Genius Act builds on earlier proposals like the Loomis-Gillebrand Payment Stablecoin Act of April of 2024. So Loomis and Gillibrand have already introduced one last year, about a year ago, April 2024. Patrick McHenry did one of those earlier. Remember that guy? The bow tie wearing, gavel slamming friend of Kevin McCarthy. Sounds like Patrick Henry doesn't he? No, he's not. This is Patrick McHenry from North Carolina. He retired, but he was very, very angry

Starting point is 01:09:58 because his pal McCarthy was being kicked out. So he had the gavel and remember how hard he slammed that? He became a meme out of doing that. His pal, McCarthy, was being kicked out, so he had to gavel and remember how hard he slammed that? He became a meme out of doing that. His motto, I guess, unlike Patrick Henry, Patrick McHenry, was like, give me McCarthy or give me death. He was very angry about that. So he's introduced one of these things just to show you where he's coming from. And of course, he was also a pal, a proteé, supported by Karl Rove, so he's from that

Starting point is 01:10:25 group of the Bushes and all of those people, right? So Patrick Ben Henry had had a Clarity for Payment Stablecoins Act in 2023. So these things have been coming fast and furious, right? Had one every year, at least. And there was a bipartisan push, of course, to regulate these stablecoins. They want to enhance, they said, this is why we need to have stablecoins. We need to enhance transaction efficiency. We need to strengthen the dollar's dominance.

Starting point is 01:10:57 And that's what they think this is going to do with them. But it's going to be a private version of a CBDC while they pretend that they're on our side and they're going to get rid of the central bank digital currencies. They do their public private version. The Senate Banking Committee is scheduled to review and vote on this today, today, March the 13th. If approved, it will advance to the full Senate. A companion bill has been introduced in the House by two Republicans.

Starting point is 01:11:27 The Republicans are really pushing this because it's Trump who's really pushing this and his robber barons in his cabinet. So for crypto, the bill could legitimize stablecoins. And again, this is where Lucky Lutnnik has been very, very profitable in his connections to Tether. It could boost adoption, but strict rules might exclude some non-compliant issuers like Tether. They could easily change that.

Starting point is 01:11:56 The Genius Act represents a significant step toward integrating stablecoins into the US financial system. And the EU is also working on something similar. Now the EU. They're not so worried about public opinion. They don't care and they continue on by saying well, we're gonna do CBDC's or whatever, but they also have a Stablecoin framework in the EU that they call Micah and we'll talk about that as well But this article from Cointelegraph says the genius stablecoin bill is a CBDC Trojan horse. This is quoting a decentralized finance, they call it DeFi, an executive in that market who is a big supporter of

Starting point is 01:12:41 crypto but doesn't like this genius stablecoin bill that has been introduced? Centralized stablecoin features the hallmark of the central bank digital currency, all of them, including the ability of the issuer to freeze tokens. You have full surveillance. These people have complete control over your money instantaneously. We're talking about debanking on steroids. The recent genius stablecoin bill is merely a thinly veiled attempt to usher in central bank digital currency controls through privatized means. So these people can make money off of it. That, folks, is the difference between, you know, Biden and Trump for the most part.

Starting point is 01:13:28 Biden does his graft corruption and stuff the old-fashioned way. He launders it through Ukraine, right? And selling influence and things like that. What Trump is doing is Trump is bringing in all of these big tech executives, the very wealthy companies and everything, they're all going to get a piece of the pie and they're all going to probably do something for him as well. So this is according to Gene Rossis, co-founder of the SmartDex decentralized trading platform. Somebody works in this space. They don't like what this looks like.

Starting point is 01:14:03 In a statement shared with CoinTelegraph, Rossus said that the U.S. government will punish stablecoin issuers that do not comply with the new regulatory framework, similar to the EU's Markets and Cryptoassets regulations. So interestingly enough, you've got these Republicans who are putting out legislation to create a stablecoin framework that is exactly like what they're doing in the EU. Huh. It looks like global governance again, doesn't it?

Starting point is 01:14:33 It's just a coincidence, isn't it? It's not a global conspiracy that's being pushed on us by Republicans like Trump pushed the global lockdown and all the same rules all happening at the same time, that was all just a coincidence. And now the fact that both the EU and the US are pushing out their versions of stable coins, they're not trying to set up some kind of a global digital currency, are they? And global digital ID? Because that's where this always evolves to. You know, when Mark Zuckerberg put out his white paper, he said, let's have, I'll create

Starting point is 01:15:10 a global digital currency. And we'll call it Libra. And in the middle of that was one sentence where he was making his pitch to the different countries to let him do it. He said, it will become a de facto global ID, digital ID. So let me do it. Well, they decided not to but they're going to do it on their own and they're going to do it with people that you trust. Well, not you but

Starting point is 01:15:39 the vast amount of Americans because you know Trump is anti-globalist, right? That's why he doesn't do what they want with the pandemic that's why he doesn't do what they want with the digital currency and all the rest of stuff so this person who works and defy says I'm the government realizes that if they control stable coins they will control financial transactions and there will be no financial transactional privacy anywhere. Working with centralized stablecoin issuers means that they can freeze funds anytime they want, essentially what a CBDC would allow them.

Starting point is 01:16:17 So why bother creating a CBDC, especially when it's got a bad image now? Because we're telling people how bad it was. And so the response is that the Republicans are going everywhere and say, no, CBD, even Trump, no CBDC anywhere. Right. And then at the same time, they're creating the functionality of the CBDC. While everybody cheers them for stopping the CBDC. The result is the same. The fake veneer of decentralization added as a bonus. Pay attention, folks, to the function, not to the labels. Pay attention to what they do,

Starting point is 01:16:59 even to what they say, you know, but pay attention especially to what they do, not to the political party that they're in even. you know, always goes back and like I started the program, you know, pay attention not to, oh well if it's the CNN I'm not going to pay attention to it or anything, but it's Breitbart, I trust Breitbart because they like Trump. No, they're all capable and all lie to you, just look at the underlying data and think about it, you know, it's just like Peter McCullough, you know. Oh yeah, the Mallard ducks. They're the ones that are killing all the chickens. It's like, give me a break.

Starting point is 01:17:34 Decentralized alternatives to centralized stablecoins, such as algorithmic stablecoins, would prove to be a valuable bulwark against the creeping government control over crypto, said Rossus, except that those are specifically prohibited They understand what they're doing They know exactly what they're doing. So and then you have Emmer who was the house whip and remember when all this stuff started three years ago and I was talking about it And I said it's really kind of strange that Tom Emmer, a house whip, is so hardcore set against

Starting point is 01:18:10 CBDC. So that's a good thing. I'm glad, but why is it that he's doing this? Then I realized, okay, well, he's being paid by the crypto industry. And at that point in time under Biden, Biden was trying to kill all the private cryptos and he wanted the only crypto to be out there to be controlled by the Federal Reserve and the US government. So he's going to kill all of his competition with regulations and fear mongering about energy use and all the rest of this stuff. And so Tom Emmer had been paid off by all these different crypto bros.

Starting point is 01:18:46 And so, he's pushing back against CBDC. And the Republicans are pushing back against all this. Now, Tom Emmer is backing the stablecoin stuff as he's rejecting the CBDC. Now we see why he was opposing CBDC. Because he wanted his private crypto backers to be the ones running that function for the government. When you look at this stuff, like I said, yeah, you don't trust these people, but look, we could cheer on and support Tom Emmer when he's opposing the CBDC.

Starting point is 01:19:23 Now you need to oppose Tom Emmer and these people who are pushing the private stable coin version that's going to replace the CBDC. The Genius Act, introduced by Tennessee Senator Bill Haggerty, proposed a comprehensive framework for over-collateralized stable coins such as tethers and what they mean by that is that They have more dollars than they would need so have a buffer against volatility Maybe they don't want to have a buffer against volatility. Maybe they want Volatility the bill was revamped to include stricter anti money money laundering things They know your customer stuff, all the rest of

Starting point is 01:20:05 that. These additional provisions will presumably give US-based stablecoin issuers a hedge over their offshore counterparts. Because it not only is going to have all this know your customer and report on everybody, but it's also going to have provisions there about having to have liquidity. Well, that's a good thing. But then also sanctions checks that'll be built into it. Another government can sanction anybody or anything about that. So do you think people in other countries are going to want to put their money into some digital currency that can just have instantaneous sanctions? Uh, some digital currency that's going to know everything about you.

Starting point is 01:20:47 I don't think the people have a lot of money or any knowledge about this stuff. We're going to want to have anything to do with it, but we'll see what happens. If it's coming from Trump and the Republicans, it's got to be good, right? So most people think. During the recent White House crypto summit, it was on Friday, I think US Treasury Secretary Scott Besant said the US would use stablecoin to ensure US dollar hegemony in payments. This is the way they're going to the failing dollar, they're going to try to prop it up and revive it because it's all a confidence game.

Starting point is 01:21:20 It's all a con game. And so now what they're going to do is they're going to con you by calling this something – calling it a stablecoin when it is tied to a fiat currency that simply is about, you know, trust us with the U.S. government. Centralized stablecoin issuers rely on U.S. bank deposits and short-term cash equivalents such as treasury bills to back their digital fiat tokens, which drives up demand for the US dollar and for the US debt instruments, the bonds. Stablecoin issuers collectively hold over $120 billion in US debt, making them the 18th largest buyer of the US government debt in the world.

Starting point is 01:22:00 See how these things, it's like a snake swallowing its tail there. We have to find some way to offload this debt. Well, let's create this thing called stablecoins and then it will have to buy the debt. And then, even though we've got $37 trillion in debt, we can create some crypto reserve thing. in debt, we can create some crypto reserve thing." And the people who are pushing that, you know, Michael Saylor, who has the largest crypto company out there in terms of what they own, I think it's something like $21 billion, but he's the largest single institution in terms of owning crypto. And he's the big pusher saying the US government's got to buy more, buy more.

Starting point is 01:22:43 Remember the other day I said he wanted to see the US government owning 25% of the bitcoins when it hits a fixed number by 2035. And he was talking about it and then it's going to make us like 30 to 80 trillion dollars, but don't sell it. Don't sell it. Everything this guy is doing underscores what Catherine Austin Fitz was saying about this all being a pump and dump, about it being a Ponzi scheme, where the last people to hold the crypto is going to be the federal government.

Starting point is 01:23:14 And don't sell it. Let us sell our stuff first. We'll sell our stuff and we'll make a lot of money. You keep holding it and you be the floor, you be the foundation to prop this Ponzi scheme up. That's what he's trying to do. And as this person is pointing out, look, this is the government picking winners and losers. The government shouldn't be doing that. For example, which cryptocurrencies are we going to hold? Well, we already saw Trump talking about those, you know, Ripple and some of the other ones. Okay, those are tightly held, you know, owned by just a few people. And he pumped that up. Now, they didn't

Starting point is 01:23:53 put it in the Bitcoin Reserve yet, but because he didn't exclude it, because he had talked about it once, now you've got all these people out there. Well, I think he's gonna, just like they do with the income tax, I think he's actually going to put it in at some point in time. Well I think he's actually going to get rid of the income tax. We'll just fund everything. We'll have foreign countries. We'll pay for everything in our country using tariffs. That kind of hopium that is out there. So again, it points out, you know, the government is picking the winners and losers. Think about this.

Starting point is 01:24:28 If they go out and they buy any of these things, or even for the stablecoin stuff, who are they going to be buying this stuff through? Which exchanges are they going to get? Well, the US consumer price index has come in lower than expected. So the question is, are rate cuts coming? And we'll talk about that with Tony when he joins us, what he thinks is going to happen. I think it's kind of interesting that if it's inflation, everybody knows that gold benefits from inflation, right, compared to the U.S. dollar.

Starting point is 01:24:59 Inflation means the U.S. dollar's value is sinking. And so gold is going to go up in value. The other part of this is that if they cut the rates, then does that mean that, you know, they say, well, inflation is down a little bit. Inflation, listen to that, consumer price index came in lower than expected at 3.1% instead of 3.2%. These government metrics out there, do you believe any of them? Yeah, we've got at 3.1% instead of 3.2%. These government metrics out there, do you believe any of them? Yeah, we've got COVID cases here.

Starting point is 01:25:31 We got jobs created. Listen to the Labor Department, listen to the people calculating the consumer price inflation, the consumer price index. I don't trust any of these numbers coming out of government. They're all a lie. It's just another government metric that is manipulated, twisted, and

Starting point is 01:25:47 tortured to give them the results that they want. They come in at 3.1 and say well we were expecting it to be 3.2 so that means we've got inflation licked. Seriously? See one of the reasons why when they've lowered the interest rates, one of the reasons why home mortgage rates have stayed the same or gone up even when they lowered the interest rates is because the people who are out there in an actual marketplace where they're making decisions that are going to affect their lives, what they buy, they don't believe that inflation is down. Regardless of what the CPI says, they're not buying that.

Starting point is 01:26:23 And they don't believe that the interest rate is down, even if the Federal Reserve is lowering the interest rates. And so even though the Federal Reserve is lowering the short-term interest rates, they are bidding up the interest rates. They said, oh, I'm not gonna buy that unless you give me a higher interest rate. And so they're the ones who are bidding this up

Starting point is 01:26:41 for the long-term mortgage things and stuff like that, because they don't believe these government numbers. And so, when you look at if they cut the rates because they claim that inflation has been licked, when it really hasn't, well that's also going to help gold, because everybody's going to look at it and say, well if they cut the rates, that's going to be inflationary. I don't believe their inflation numbers to start with, and if they cut the rates based on these phony numbers, well that's even more inflationary. So, I think it'll be interesting to see what happens with gold. But again, the real issue, Trump doesn't care about home mortgage rates, and

Starting point is 01:27:21 Trump doesn't care about the stye market. What Trump cares about is the fact that he's got to roll over a lot of these Treasury bills this year and that the debt is at $37 trillion and so that's what he is trying to do. He's more than willing to put people through pain to get what he wants. Just like Biden was willing to put people through sanctions and he was willing because he wanted to have a world where no fuel was burnt. He was more than willing to put us through all kinds of prohibitions and deprivations and the rest of this stuff.

Starting point is 01:27:57 Eric, thank you very much for the tip. I appreciate that. And I see that Tony is not going to be coming on today? Oh, okay. Last minute. Okay. Well, that's fine. We've Tony is not going to be coming on today? Oh, okay. Last minute. Okay. Well, that's fine. We've got plenty of stuff to talk about.

Starting point is 01:28:09 I'll continue on then with the money stuff and I'll talk a little bit about that. Angry Tiger says, I don't know why they call them stable coins. A stable coin is always attached to a fiat currency. Fiat currency is not stable. That's right. Yeah. It's proof of stake. How about that?

Starting point is 01:28:24 Trust us. We're the government. That's what it's always about. It absolutely is a lie. So yeah, when we look at this, that's where this is all headed. And then tokenization. This is an article on Zero Hedge, the new frontier for capital markets. Be very careful of this. There is tremendous value in the world of crypto, they said. Digital tokenization of assets made possible by the crypto blockchain construct can boost efficiency in the capital markets, thus greasing the wheels that drive the economy. Think about that.

Starting point is 01:29:03 Oh, there's so much value in the world of crypto. These people are going to get really rich off of it because they're going to play the rest of us as fools. Crypto doesn't mean real things. Crypto is kind of a handle that they point to real things with, if you think about it that way, right? From a programming standpoint, think about handles and pointers. Crypto is just a pointer to real things. Now, what they're saying is that it's going to make everything more valuable because we'll be able to buy and trade on things that don't exist. Or we'll be able to buy and trade on little tiny fractions of things.

Starting point is 01:29:46 Well if you believe that, I've got a bridge to sell you in Brooklyn. It's opium. It's all based on opium. I mean look at this. Digital asset tokenization, they said, is different. It could drastically redesign financial markets for the benefits of the capital markets and the economy and then they don't just stop there they want tokenization of everything in the real world and

Starting point is 01:30:11 If You know if you don't remember what happened with the securitized mortgages, and then you might just fall for this Sham, and it is a sham. Oh, it's blockchain. Oh, well, that sounds sophisticated. And oh, yeah, it is so wonderful. Everybody needs to have this. Tokenization is just the act of digitizing the ownership of a real asset. Why does it need to be digitized? It needs to be digitized for the same reason they needed to securitize mortgages so they could run a scam on you. It needs to be digitized and securitized for the same reason they needed to securitize mortgages, so they could run a scam on you. It needs to be digitized and securitized for the same reason you got paper gold and paper

Starting point is 01:30:49 silver so they can run a scam on you. Get the real stuff. Get the real gold, get the real silver, get the real real estate. Don't buy their securitized, tokenized representations of this stuff. These people are hucksters. So they give some examples of how this is really going to work. And think about this. One of the ones that they give is movie property rights. In other words, they're going to sell you tokens, fractional ownership of something that doesn't exist yet. Okay? A movie. I remember when we had the video

Starting point is 01:31:26 stores that Disney came and created this thing called Touch Tom Pictures and I mean they were pretty successful. I had things like, let's see, what was the name of? Ruthless People, right? That's some successful things. They wanted to get away from their wholesome Disney kid image, right? So they would do some things like ruthless people that I think might have been rated R for situations or language or something like that. So they wanted to do, you know, non-kid films. And so they created touchstone pictures and things like that. And they had their silver screen partnership. Because I used to read variety and I would you know part of the music part of the video business and so they had silver screen partners and then they created silver screen partners too and

Starting point is 01:32:14 Everybody was started to complain and the Trade press about how Disney was ripping off people in their silver screen partnerships So even though they had very successful movies like Ruthless People and stuff like that, the films always managed to lose money and the partnership always managed to lose money. And they never paid anybody anything. They were able to do that for a couple of different rounds before people caught on and quit investing in that stuff.

Starting point is 01:32:48 Just like what happened with the Securitize mortgages about 15 years later. You saw that same scammer? And this is one of these things. So now they'll all be different. If we make them into tokens, it'll all be different. No, it's still going to be a scam. You're still buying something that doesn't exist from people who don't intend to pay you.

Starting point is 01:33:08 They intend to keep all of this stuff. But not just the movie business. Drug development. Oh, we could fund drug development using crypto stuff. Again, something that doesn't exist. How about the future earnings of an athlete? The future earnings of an athlete that doesn't exist. You got a 16-year-old high school athlete with exceptional baseball skills, but little

Starting point is 01:33:32 money. They could tokenize their future baseball income. In other words, they could become indentured servants to sharks like Lucky Leutnik, is what you're talking about. I mean, that's how a lot of people came to the US. In the early days you had people who became an inter-servants and said, here, pay for my ticket to America. And then they wound up being enslaved to these people for quite some time.

Starting point is 01:34:00 So yeah, we could enslave people could get enslaved you could Confiscate their future earnings. How about hotel rooms? Oh, yeah, we could build hotels and we could tokenize the future revenue of those hotels All this got treasure exploration shipwrecks and treasure stuff you we could fund it with tokens. You see the mindset of these people? They're always selling things that don't exist, hopium and all the rest of this stuff, and they're buying and selling things that don't exist. Carbon offset values, shipwreck, treasure, all this stuff. We're gonna make so much money off of these tokenized things. It's going to open many new doors for those who are looking for capital funding.

Starting point is 01:34:54 It's just a disaster waiting to happen for ordinary people. There's a strategic reserve bad for America and for crypto. Well this is an article from Zero Hedge. America does not need such a reserve. No. As Catherine Awesome-Fitts said, yeah, I get the idea that we have a petroleum strategic reserve. It's a real thing.

Starting point is 01:35:18 We need to do something with it. We might have our supply cut. Same thing with gold. But why bitcoin? Why do we need to have a reserve for that? Just like, why do you need to have an ETF? Why do you need to have a fractionalized version of something that is easily fractionalized? Why do you need all these ETFs for Bitcoin that the banks are putting out there?

Starting point is 01:35:39 I mean, this whole thing reeks. Setting up a Bitcoin reserve undermines the federal government's neutrality and picking winners and losers it sends the wrong signal about the stability of the dollar. The nascent crypto industry will only be harmed by such entanglement. Look, Trump's scams with the Trump coin and the Melania coin. That already was a black eye to the crypto industry, showing how corrupt it is, a way for people to pay off Trump, and a pump and dump scheme. And all of this stuff is just like the Trump and Melania coins.

Starting point is 01:36:21 That's what I believe his crypto stuff is. He said, to be clear, the president was right in establishing a pro crypto agenda, but there's a clear distinction between setting up rules of engagement that are anti-crypto like Biden did versus picking winners and losers. So the fact that he elevated these coins like ADA and SOL and the Ripple coin and everything that are tightly held by a few individuals. Even though he didn't put them in there, he put that out there and they did not rule that out.

Starting point is 01:36:54 So it's going to be used by people to continue to pump those things up. As he points out, if you're going to have a Bitcoin reserve, who is it that gets to deal with all of that stuff? Who's going to be... are they going to buy the bitcoins from Tony? No. They're going to buy it from their friends and their friends are going to do things for them in return. Growing fears of corporate defaults hit US credit markets.

Starting point is 01:37:21 That's right. And it's not just the retailers and the airline companies that they talk about a little bit in this Bloomberg story but again it's also commercial real estate, the banks, a lot of different things. So in derivative markets the cost of protecting corporate credit against default rose to some of the highest levels in nearly seven months. Those values will start to fall apart when the blunt mallet of the federal government starts swinging around. Politics is inherently unstable and especially right now. Trump's initial social media announcement on a strategic reserve teased a desire to include a certain

Starting point is 01:37:56 smaller number of coins. These things, if they're not included, there's a promise that they will be soon and that's what people are going to be selling. They're going to be selling that hopium to people. So again, this person who pushes back against the Bitcoin reserve says, how in the world are we setting up and funding a reserve when we're $37 trillion in debt? It's the same fundamental thing like, you know, a stablecoin that's tied to a fiat currency. That doesn't make any sense. A reserve,

Starting point is 01:38:32 when we don't have a reserve but we've got an astronomical, unbelievable amount of money in debt, $37 trillion, you can't get your head around that. And we're gonna start setting up a reserve. None of this stuff makes any sense. It is all an unbelievable scam. Ray Dalio, who is a billionaire hedge fund manager of Bridgewater, he's a Bridgewater founder, he says that the mounting US debt problems could lead to shocking developments. He said, do you think things are changing fast now with politics?

Starting point is 01:39:03 Wait till you see what's going to happen in the financial world. He said, first thing is the debt issue. We have very severe supply-demand problem. The US has to sell a quantity of debt that the world is not going to want to buy. That's the bottom line. That's why Trump is so focused on this crypto stuff and stable coin things like that. He said this is imminent. It's of paramount importance. The US deficit needs to go from a projected level of 7.2% of GDP down to 3% of GDP. And he said you're going to see shocking developments in terms

Starting point is 01:39:42 of how that debt is going to be dealt with. He said that the issue could result in a restructuring of the debt, could result in the US applying pressure on other countries to buy the debt, or even cutting off payments to some creditor countries. Maybe that's why Trump is pushing people around. Oh yeah? Oh yeah? You want to push back with me on this?

Starting point is 01:40:03 Well I'll show you what's going to happen I'm not even gonna pay you the interest on the debt that I said I was gonna pay you on, right? Maybe laying the groundwork for that. Just as we're seeing, he said, political and geopolitical shifts that seem unimaginable to most people, if you just look at history you'll see these things repeating over and over and over again. We will be surprised by some of the developments that will seem equally shocking as those developments that we have seen. Trump's trade policies, which appear to be designed to rebalance economic order in America's

Starting point is 01:40:35 favor, including tariffs against Canada, Mexico and China, but they're actually causing fighting between countries, he said. And he said, think about the example of 1930s Germany. He said there was a write-down of debt at that time alongside a hike in tariffs in order to boost revenue and a build-up of its domestic base. He said be very nationalistic, be very protectionistic, be very militaristic. That's one way that these things operate. He says tariffs are going to cause fighting between countries, adding that he wasn't necessarily

Starting point is 01:41:12 talking about a military confrontation. He said, but think about the US, Canada, Mexico, China, and all those types of fighting. There will be fighting and that will have consequences. And I think that's the main thing to pay attention to. I agree. It is not to protect an industry these tariffs. This is to target particular countries.

Starting point is 01:41:33 And the end result of this may be that he doesn't want to pay the debt that China or others own. So what do we do about it as individuals? Well, again, there's gold. If they're not going to go on a gold standard, you can go on a gold standard, right? And so, you know, even in some of the states we now have legal tender bills that are being put out by gold. That would require people to accept gold as payment.

Starting point is 01:41:59 But you know, certainly on a voluntary basis. I think if the dollar has a lot of problems, people will be more than willing to do that. It's interesting when you look at this article from Kitco, they're talking about how gold has traditionally been seen as a hedge against inflation, we all know that. But they said gold has also had a really strong inverse relationship with the dollar, and yet last year the dollar was strong and gold was strong. They said what's going on with that? In 2024 both the US dollar and gold have both risen together. An unusual alignment that defies historical norms. Usually they're fighting each other but

Starting point is 01:42:38 this time they're both going up. Gold also has a strong inverse relationship with US Treasury bond yields. In other words, when the bond yields go one direction, gold goes the other direction or vice versa, right? Yet, in 2024, gold and bond yields have been moving in parallel, suggesting that traditional relationships are being disregarded. He said, gold has decoupled from almost every expected norm. Gold's relationship with silver is also bucking the historical trend. Gold has decoupled from almost every expected norm. Gold's relationship with silver is also bucking the historical trend.

Starting point is 01:43:08 Historically, silver tends to outperform gold during bullish periods in the precious metal silver sector. However, the gold-to-silver ratio has surged, indicating that silver is underperforming and being largely bypassed in this rally. It is the dog that did not bark. This says gold demand from Asia has remained surprisingly strong despite the all-time high prices. Asian buyers, he said, are traditionally highly sensitive to price changes, especially on

Starting point is 01:43:40 jewelry items that have very thin margins and there is little scope to absolute price increases, he said, but this time they remained active participants even as gold prices have reached all-time highs in domestic terms. So it's not going contrary to the dollar. It's not going contrary to bonds. They're both going up. And even when you look at Asian markets and the jewelry stuff like that, he says, so one theory suggests that gold is simply no longer correlated with other aspects the way that we thought after

Starting point is 01:44:16 centuries of reliable and predictable behavior. He said another theory is that we're witnessing a paradigm shift in the gold market which is being driven by Western economic considerations. He said the third theory is that there is a large opaque player behind this, a mystery buyer that is behind this surge in demand, someone whose purchases are very high conviction and large enough to distort the market. I don't think that that's the case. This is kind of, to me, that seems kind of like the dark matter theory of the universe.

Starting point is 01:44:49 They say, well, it all started with a big bang from one central point. We don't know why. When all matter in the universe was concentrated into a tiny ball somehow, then it just exploded. Well, if that were the case, then the matter ought to be uniformly distributed throughout the universe, but it isn't. So what do they say? Well, I guess our theory is wrong about the Big Bang. No, they say our theory about the Big Bang cannot be wrong. We're going to hang on to that even though we don't have any physical evidence. And what we'll do is we'll manufacture some kind of an intellectual construct that would explain

Starting point is 01:45:21 why we don't see it. So we'll manufacture dark matter. So when they look at the when they look at actually do observation, they don't see what they should see if their theory is correct. So what they do is they add another theory, which they also don't can't observe. They can't observe the dark matter. They can't prove that it exists. So this is the situation that they're talking about with this some third party out there that just keeps buying no matter what. No, I think it really is. I don't even think it's any one

Starting point is 01:45:56 of these three theories. My theory would be that people are looking at this at the tail end of a fourth turning and they understand that everything is getting really crazy. And they also understand that in these fourth turnings you have, and I think a lot of people in decision-making circles understand this. I mean they all use the terms that come up by Strauss and Howe, by millennials and other things like that. And I think they certainly understand the cycles about every 70 to 80 years where all the institutions change and so forth and we're all linked together now globally on the same cycle.

Starting point is 01:46:33 And so these things are always accompanied by financial unrest, always accompanied by changes, radical changes in institutions and usually accompanied by war. And Trump is pushing us down that path. Just look what he's doing. You know, he's shoving everybody and he's putting a chip on his shoulder and saying, knock it off.

Starting point is 01:46:55 I dare you to knock it off. That's what he's doing to everybody. I mean, he's not trying to protect an industry. He's not trying to protect anything. He's trying to be an agent of chaos. And so I think people are looking at all this chaos. And that's what's driving people to something that is physical, that they can hold that's gold and something that is private, something that is out of this system, this panopticon

Starting point is 01:47:18 that they're trying to set up to follow everything that we do. I think that is really the case. So Tony is not with us today but you know we just had we just recently had Wednesday afternoon gold went up to 2940 I think it was this Wednesday I think this is a recent article that I pulled up it just came up it went up to 2940 it was only $15 from the all-time high before it pulled back a little bit Again, if I don't think it's done as Tony would say, I think it's got a story to go still I Think it's still gonna be doing that

Starting point is 01:47:56 And I think that there's gonna be a lot of chaos Like Ray Dalio said you think you're seeing a lot of chaos and change and politics and stuff Well, you just wait to see what happens in financial markets, what's going to really happen with that. So get something that is real, that is physical, that's private, that's outside the system and you can get gold at davidknight.gold.com. It'll take you to Tony Artabon at Wise Wolf Gold. You can get it small or large amounts.

Starting point is 01:48:21 You can get gold and silver. You can even get Bitcoin if you want, he'll help you to walk through that if you want to get that. But you can also exchange your Bitcoin into gold or silver with him without a fee, which is really nice, it's an innovative thing that he's done. As well as you can gradually accumulate gold or silver

Starting point is 01:48:40 through Wolfpack, those are always good things to do. A high verbal says Larry Finkelstein, Larry Finck, Trump's investment advisor, said, tariffs will indeed worsen inflation and increase the pain. Yeah, well there you go. See he knows what he's doing. He absolutely knows what he's doing. And you know, Larry Finck's his investment advisor, Larry Finck's his pal. Larry Finck is America, you know?

Starting point is 01:49:05 That's really what America is. It's the big corporations in Trump's mind. He wants to make the big corporations great again. When he says make America great again, he's talking about BlackRock. That's why he puts pressure on the Panamanian government to let BlackRock buy those ports down there. North American House Hippo. Send a link Hudson Bay Company sacks bankruptcy due to Trump tariffs. Hudson Bay Company cites Trump's tariffs and bankruptcy filing. The department store company that also runs Sacks

Starting point is 01:49:38 Fifth Avenue. Where is Melania going to shop? mean, these are beyond first world problems. This is the elite problems. Where is she going to shop now? She can't go to Saks Fifth Avenue. I guess she'll have to ask Zelensky's wife because she goes on these shopping trips in Paris where she spends $50,000 an hour. And she's got all of these villas all over the world

Starting point is 01:50:04 that are nested in one, you know, shell corporation after the other. Like I've said many times, it's like a Russian Madriusky doll. Denver Attaway, the Cloudy's Future Trading Commission was part of the commoditizing of everything. Fun fact, Mike Gill, the director of the CFTC under Obama and Trump, was gunned down in Washington D.C. in a carjacking." Oh, that's interesting.

Starting point is 01:50:30 Now, that could have something to do with that. I see that people sent me all this stuff with Alex saying that he's been warned by people that, oh, there's a hit out for everybody at Infowars. It's like somebody was saying yesterday you know how is he gonna monetize the death of Jamie White? Well there you go you know he got his moment in the spotlight because of Jamie being shot and then the parking lot of you know his apartment his car been broken into multiple times. It's not a good area of a bad town, Austin. That's where he has everybody working.

Starting point is 01:51:13 So now he's going to turn it into a massive conspiracy. I've been told by people that are high up in the intelligence agency, the number of times that I heard him say that, and the number of lies that he put out saying that it was told him by some high-ranking intelligence official he was a spokesperson for them to pull the rug over your eyes just like the sting started with that report from Steve Pacenek oh yeah I've got it on good authority I've got all these people who are in military intelligence and all these people who used to be in the CIA and everything well guess what the guy

Starting point is 01:51:44 who's telling you that's working for the CIA as well, Alex Jones. We'll be right back. Stay with us. So So So You're listening to the David Knight Show. Well Caroline Lovett had an interesting day. I mean, besides having to lie about tariffs and saying that they're not a tax and that nobody's going to pay them. And I'm so angry that I even took a question from the Associated Press because they make me look stupid like that. Now she also had some questions and this is from the Daily Caller. Somebody that you would think would be friendly to them, but they asked about the Epstein

Starting point is 01:53:53 files. And this is what she had to say. She said, when are we going to see these Epstein files? Reagan. Thank you, Caroline. A week ago, Attorney General Bondi said a truckload of Epstein files had been delivered to her office from the SDNY. Why can we expect those files to be released to the public?

Starting point is 01:54:09 I would defer you to the Department of Justice. I don't have a timeline here. Do you have any update on the JFK files? I don't at this moment. Again, I would defer you to our DNI Director, Tulsi Gabbard, and also the Department of Justice. I know that they are working on that diligently as the President requested them to do. Oh, okay. So now we brought in Tulsi Gabbard, okay? We've got to have Tulsi Gabbard, who

Starting point is 01:54:32 is going to cover for Donald Trump and Epstein, along with Pam Bondi, along with Caroline Levitt. Isn't it interesting, all these women who were covering for these pedophiles and predators, right? Sex predators, like there is the pictures of Trump and Epstein having a great time. You know, they were best friends for over a decade. Yeah, and then Lucky Lutnik had the house right next door to Jeffrey Epstein's blackmail nest that was there. Yeah, so I just can't understand why we don't have the Trump Epstein files. I mean the Epstein files. It's a real puzzle, you know. When are we going to see those things? When are we going to find out the truth about all these pedophiles and rapists who hung around with Jeffrey

Starting point is 01:55:18 Epstein? And of course some of the prostitutes that married some of these guys. When are we going to find out about all about these pedophiles and their predilection for very young girls? I can't understand why Trump's administration is not showing us all the information. For those of you who are listening on the podcast, I'm just showing one picture after the other of Donald Trump with Jeffrey Epstein and with young girls and all the rest of this stuff. You know, I can't understand why we're not getting down to the bottom of all this stuff.

Starting point is 01:55:50 Yeah, Levitt's doing a great job of passing this stuff around, isn't she? And then of course it's not just the women in the Trump administration, Tulsi Gabbard, Pam Bondi, Caroline Lev for this for this guy. You've also got people like DC Dreino and Libs of TikTok who are influencers. They're there to influence you to tell you that we really are going to get all this information. It really is going to come out. Just wait for it. Well let's talk about another conspiracy. This is the egg prices conspiracy. And this is coming from the big newsletter dot com.

Starting point is 01:56:31 And they have a little bit different take. There's some more aspects of this, which I believe are true. There's a lot of different things that are going on with this egg situation. There is a lot that is happening with the big egg companies. I mean, at one level, this thing is being used to push this idea of bird flu, to push vaccines for animals, to let the USDA approve mRNA vaccines, to put it into our food by injecting it into the animals, all of that type of thing. That is one aspect of it, and that is clearly there.

Starting point is 01:57:01 But there's other things that are happening as well. As we pointed out in the past, these big egg companies and there's like a half dozen of them, they've already been found guilty of conspiring to do price fixing. They just got a slap on the wrist. It was only just under 18 million dollars that they had to pay general foods and other large corporations that were dependent on eggs as an ingredient. But this looks at it from a little bit different standpoint, and it looks at the fact that, and we had kind of touched on it, the fact that these big egg companies are making record profits now.

Starting point is 01:57:35 The big egg companies that have been found guilty of conspiring together to fix the price of eggs, and they're looking at some of these past situations where they either had real diseases that were going through or they claimed they had real diseases that were going through. And how in the past they always recovered very quickly. They increased the size of their chicken holdings very, very quickly. They got the flocks back up very, very fast, but said, well, even going back to 1994, this person says, the United Aged Producers

Starting point is 01:58:12 economist Donald Bell in 1994 said, if you have more hens, that's going to be less income. And this is one of the things that always happens with consolidation in an industry. Once it becomes monopolized, or at least you've got some kind of a controlling oligarchy that's there, they start to try to reduce the supply of whatever it is to drive the price up, to artificially drive it up. And that's what these people are doing.

Starting point is 01:58:40 The industry has gotten more consolidated ever since 1994, ever since their, ever since their economists explained to them, you've got too many chickens, you've got too many eggs. If you want a price of eggs to go up, if you want your profits to go up, then you restrict that. And of course, the USDA is working with them. The USDA is working with them, working with Big Pharma, all of them. The avian flu is just the latest excuse for them to hike prices. So the Department of Justice antitrust division is now investigating the egg markets. You know Pam Bondi really does have more important things to do than to

Starting point is 01:59:14 release the Epstein files because we already know who these perps are and we already know why she's not releasing it. But they like to do that because it is reality TV. But for most Americans, eggs have been cheap, but not so much lately. Something doesn't add up about this avian flu, the sole and natural cause of high egg prices story. Well, I mean, it does when you're killing tens of millions of chickens every month. It does add up, doesn't it? They said despite the act of God that is going on, and they put that in quotes, this is not

Starting point is 01:59:53 an act of God, this is an act of the USDA and the government that thinks that it's God. They said 115 million hens is a lot of birds to cull. They weren't all lost at once though. So they're saying that even though this is something as a massive hit that this has been spread out over a period of time. And over that period of time in the past if they would have done a massive, and they have had situations where they did massive cullings, they would start to recuperate, recoup their losses, recoup their ends. But they're not doing it this time.

Starting point is 02:00:33 And they said, and in addition to that, demand for eggs has actually declined, which I thought was surprising. Americans went from consuming around 206 shell eggs each in 2021 to consuming less than 190 in 2024, a 7.5% nose dive. As many countries have also closed their markets to American eggs since 2021 because USDA has been running this fake bird flu scam, that's one of the consequences of it. bird flu scam. That's one of the consequences of it. Egg exports have fallen off a cliff. So the egg shortage is somewhat exaggerated considering that the demand has gone down. Nevertheless, egg prices and egg company profits have gone through the roof. So even though consumers are buying less shell eggs and even though the exports have crashed because everybody's buying into this bird flu thing, still their profits have soared. Listen to this

Starting point is 02:01:30 CalMain Foods, the biggest one and the only one that publishes its financial data because it is a publicly traded company. The other big ones are not publicly traded so we don't have any insight in that but CalMain, the big one, publishes it. They have been making more money than ever. Its annual gross profits in the past three years have floated between three and six times what it used to earn. 300 to 600% increases in profits, breaking a billion dollars for the first time in the company's history. All of this extra profit is coming from higher selling prices, which have been earning CalMain unprecedented 70 to 145% margins over farm production cost per dozen.

Starting point is 02:02:19 I mean, what other companies have profit margins like that? I mean, most companies are off-rating on profit margins 25% or something like that. If it's a really competitive market, this is not a competitive market because they're making 70 to 145 percent margins over this stuff. We can be pretty confident that other large egg producers are also raking in profits even though they don't have to report them because it're not publicly traded. Historically, egg producers have responded to flu epidemics or other disease epidemics and the temporary rise in egg prices that accompany them by quickly rebuilding and expanding their

Starting point is 02:02:56 flocks. But large-scale epidemics that hit egg farms in 2015 and 1983 to 84. The egg industry responded to both of these destructive events by sprinting to rebuild and to expand the egg laying hen flock, something which checked price increases and ultimately made sure that prices went back to pre-epidemic levels within a reasonable time. For example, immediately after the height of the so-called avian flu epidemic in 2015, egg producers started adding millions more pullets to their operations each month, ultimately raising 15.3 million more pullets on their farms in 2015 than they did in 2014 and increasing that figure by another 8 million in 2016. Now when we've talked about this in the past,

Starting point is 02:03:45 we looked at this and we said, well, the egg companies are typically replacing their chickens on an annual basis anyway to keep their productivity up because new chickens or young chickens are more productive than the older chickens. So, you know, if we can get a little bit more out of it, we just kill them off and we start with new chickens.

Starting point is 02:04:08 And that as part of this flu epidemic, that allows them to replace their flock as they normally would do anyway at the expense of the USDA that comes in and kills their chickens. That's what this person is not looking at. But now they're not, 10 years later, they're not doing that again. They figured out there's an even better way. As a result, the average wholesale price of eggs landed at $1.65 a dozen that year, only 40% higher than it did the year before. 10 years ago,

Starting point is 02:04:42 we were paying $1.65 per dozen. Ah, those were the days, weren't they? The salad days, the egg salad days. Historically, egg producers have responded to avian flu epidemics and the temporary rise in egg prices that accompanied them by quickly rebuilding and expanding their flocks of egg laying hens. They should have said they recouped their losses. But anyway, the large-scale avian flu epidemic hit egg farms in 2015, and they did that then. But this time around, it's not happening.

Starting point is 02:05:17 Despite high profits, the egg industry has somehow maintained a stubborn deficit in egg production capacity. Hatcheries that supply hens to egg producers have throttled the pipeline of hens instead of expanding it. Meanwhile hatcheries have been hatching significantly fewer parent chicks to replace the aging ones. 12% fewer. So in each of the last three years compared to 2021, because again, why three years? Because that's when the USDA claims that the bird flu thing happened, and that's when they started going around killing chickens.

Starting point is 02:05:53 So in each of the last three years, the number of eggs that they placed in incubators and the number of chicks that they've hatched has either declined or stayed basically steady with the 2021 levels in every year since. So they decided that they're not going to recoup their losses. They're going to just keep the same number as they start to, um, you know, they're going to keep rebuilding it at the same pace as they are starting to kill them off. So they're actually reducing it. Uh, so they've added five to 20 million fewer pullets to their farms and every one

Starting point is 02:06:24 of the last three years than they did in 2021. The only thing the egg industry seems to have expanded is their windfall profits. So CalMain isn't just the largest egg producer and distributor, it has a range of coercive tools at its disposal to discipline smaller rivals in the industry. A special arrangement within the chicken industry. They apparently have kind of an inside track on genetics. They have been able to expand its faster and cheaper than any other egg producers and if a producer gets out of

Starting point is 02:06:57 line and responds to high prices with flock expansions or with discounting practices that CalMain doesn't approve of, CalMain can flood the market with eggs and depress the prices for everybody. One of the things that they can do to keep control. As a publicly traded company with a low cost of capital from Wall Street, this is what we competed against when we had a video store. We had a little mom and pop video store.

Starting point is 02:07:23 We had like six stores and we were competing against Blockbuster and we were competing against Viacom which owned Paramount and CBS and all these other big holding companies. And so Blockbuster could, and of course Hollywood Video, they could get money on Wall Street and They operated at a loss against us for like 20 years Before they went out of business and we weren't in there the entire 20 years. We sold in 2000, but They would operate at a loss they would build large stores right in front of an existing mom and pop store. They did it to us, they did it to a lot of other people to drive them out of business and they typically did.

Starting point is 02:08:11 We were able to survive because we stopped going after new releases and we went after catalog titles. And we had a massive catalog titles of older films because the new ones were garbage anyway. But that was how we competed against them because they were doing pay-per-view rentals and stuff like that where they didn't even own the videos. They would just lease them and they got massive numbers of those. But I wasn't gonna get stuck in that trap

Starting point is 02:08:37 because these were the people who were running the whole pay-per-view thing and you're never gonna beat them at their own game. That's kind of like trying to compete with the empire and his team, you know? So we didn't get into that. We went into catalog titles and rare titles. But they had the ability to be able to raise capital on Wall Street. It was unlimited.

Starting point is 02:08:58 It was like trying to compete against, you know, the American government that can just print money out of thin air. That's what these publicly traded companies can do. And so they're saying that's what CalMain does. They can live with low egg prices for a long time. They could go in and again, the profit margins are not that big so they could put a store right in front of a mom and pop and it didn't even have to be a good store. If somebody's got a low profit margin, they're going to cut it in half even if you were the same. But if they were a bigger store and if they got better placement, then it's going to basically make that store that was there not profitable.

Starting point is 02:09:36 And they can wait it out because they never had to make a profit. Like I said, they went for like 25 years without making a profit after they were bought by Viacom and started trading on Wall Street. They never had to make a profit again until they shut the thing down. So they can operate at a loss while their competitors go out of business. The power wielded by these dominant firms, CalMain, EW Group, Hendrix, is not theoretical. Just last year, a federal jury found that shortly after CalMain rose to dominance in the late 1990s, its executives took over leadership of a long-standing industry association called United Egg Producers and turned it into a cartel, the equivalent of what the presiding judge analogized to a mob boss for the industry.

Starting point is 02:10:30 And again, going back to the business that we were in, that was a part of it as well. You had the movie studios, which had hated the fact that somebody was renting their stuff. Ignoring the fact that they had record profits and successes during the 80s and 90s, they didn't like the structure of that. They fought the video stores, took it to the Supreme Court. They lost at the Supreme Court. So we had a period there of, you know, all right, let's just regroup and think about how we're going to do it.

Starting point is 02:10:56 Then they came back with the pay-per-view stuff. And Blockbuster could operate at a loss, and Hollywood video and big ones like that because they were tied in with the Hollywood studios and they were using them as a cat's paw to put everybody out of business. That's what these guys are doing, creating a cartel to change the industry. Well, we're going to take a quick break and when we come back we're going to talk about what is going on at USAID. Shred and burn all documents, says the head of USAID.

Starting point is 02:11:28 Wait a minute, I thought this was supposedly, we're helping poor people around the world. Why do we have documents that have to be shredded and burned, if that's what's happening? Koalomo says, Knight, from what I hear, Trump will create the crypto coin and push all the nation's debt into it, which will crash Bitcoin or stable crypto used, but if so, what company will buy the debt? Well, again, you know, when we've talked about this, both Scott Besant and Lucky Leutnik with Trump were talking about how Besant especially said, we're going to put – America's got humongous assets and we're going to put, America's got humongous assets, and we're going to put those assets to work.

Starting point is 02:12:06 Well, what does he mean by that? When we're $37 trillion in debt, what assets? I think it's publicly owned land, especially because Doug Burgum, who also seems to be in on all these scams, Doug Burgum was the governor of North Dakota, but he was also a multi-billionaire, and he wanted to participate in these carbon scams, carbon

Starting point is 02:12:27 sequestration, carbon pipelines. He and Kristi Noem and the guy who was running the pipelines all went to Mar-a-Lago. They're all conspiring together about what they're going to do to make money before the election. And Doug Burgum said during his confirmation that the value of publicly owned lands in the US is 200 trillion. So don't worry about this $37 trillion worth of debt. We can sell all that stuff off.

Starting point is 02:12:50 So yeah, I think they do want to crash everything. These guys saying that Trump wants to crash the economy so he can lower interest rates. That's just the tip of the iceberg. He wants to crash everything so his pals can buy everything up at bankruptcy prices. Go back and look at 2007, 2008 when they securitized the mortgages and basically tokenized them. They created that scam, they crashed the market, and they were able to go in with their cash and buy up assets very cheaply. We already know that BlackRock is going in and driving up the price of assets and everything,

Starting point is 02:13:23 but that's not the way they really like to operate. RFK Jr. talked about that. Larry Fink would much rather have the real estate market crash so he could go in and buy it up when it's cheap and then ride it back up again. And that's what all this stuff is about. It's a pump and it's a dump. Jason Barker, Knights of the Storm, good to see you Jason, and Foxhole Report says, I got my David Knight coin yesterday in the mail. It's gorgeous. Thank you, Karen. And thank you, Jason.

Starting point is 02:13:51 Jason sent us a very nice note and he was really surprised at how nice it looked. And it is an amazing coin. I want to thank Ryan for the love of the road, for putting this together and sending it to us. He did the design. He got it all done and sending it to us. He did the design. He got it all done and sent it to us just as a gift. And it was a really, really nice gift. I really appreciate that to help us.

Starting point is 02:14:13 We talk about people who do matching funds and stuff. This is a huge gift and it's a very nice memento, actually. And and it is it's hard if you don't see these coins in person, but this one is painted, it's numbered, all these different things. So it is a very nice coin. And Jason was the one who designed

Starting point is 02:14:35 our first David Knight coin, which we sold out of. And he's putting together an order to do it again. I like that design as well. So that's gonna be coming back. And I I appreciate that Jason. Thank you for doing that. But both these guys designed a coin, put this whole thing through because we're just, we're so busy just getting the news out that don't do much in terms of promoting the show one way or the other, the content or promoting it for financial stuff. So really do appreciate that, both of you.

Starting point is 02:15:05 Gard Goldsmith, Liberty Conspiracy. Thank you, Gard, for what you do to support this program and I'm going to be taking some days off next week. Travis is coming back with his wife and the new baby and they've been gone for like six months and the baby is what, five months? Four. Four months, okay. Seems like he's five months four months okay seems like he's five months he's huge and he's laughing and grabbing his stuff and all this other kind of stuff is like wow this kid's grown up we haven't even seen him yet so they're coming next week and I want to have a little bit of time with them we all do and so we're gonna take some days off I'll be here on Monday but the

Starting point is 02:15:44 rest of the week we're gonna take off, but the rest of the week we're going to take off. Guard's going to do some of the days. We're going to have some repeats and things like that. But anyway, Guard Goldsmith says, today is the fifth anniversary of Trump's emergency announcement, the madness. Thank you for reminding me. How can I forget? That Friday the 13th, and here we are on Thursday the 13th, March the 13th, beware the ides of March. And that's what Trump did. Thank you for reminding me, guard. I can't believe that I missed that.

Starting point is 02:16:11 I've been talking about that for the longest time. We're always talking about Friday the 13th, that fateful Friday the 13th when he did it. He did it after my show ended on Friday. And I started watching all this stuff unfolding. You know, he announced this emergency. And how many people had died at that point in time? Nobody. It wasn't an emergency when it was done at the end of January

Starting point is 02:16:33 with Alex Azar. But he was releasing the money. Don't forget, I'm releasing the money. That's really important. It's a big deal. Yeah, it was a big deal. And so over the weekend, you had the governors in New York and in California saying, talking

Starting point is 02:16:46 about how they're going to lock everything down. We'd had a billionaire come by Infowars and go on air saying that he had just visited with Greg Abbott and the state capitol, the governor there, and said, demanding that he shut everything down. And said, that's crazy. That's not going to work. Oh, but you know, he was on, and that's what they started pushing. They started pushing the shutdown and so I came on on

Starting point is 02:17:08 After he did the shutdown on Friday the 13th. I opened up the show on Monday morning and I said keep calm and carry on and Freedom is in peril defend it with all your might the two slogans that went up as the British were facing the Germans in France, facing a German invasion, keep calm and carry on, liberty is at peril, defending, defend it with all your might. And I said, that's really where we are today. And I said, this is not a real threat. That was a real threat. An imminent threat of invasion, you know, just before the battle of Britain and all the rest of this stuff. That was a real threat. This is not a real threat.

Starting point is 02:17:53 And everybody's going to cave down and hunger down. And it's ridiculous. So thank you for reminding me, Garne. It's very important. Cecilia 14, Owen said yesterday they need more security so send money. If anybody's got security it's Alex Jones. Let me tell you that. And he made sure that there wasn't any security there in the morning when I would get there. I wanted to save money. I would go in at 4 o'clock in the morning and there was no security at that point in

Starting point is 02:18:23 time. They wouldn't come in until much later. Alex wasn't gonna spend any money to protect me. If threatened, Alex Jones can't afford more security. Yeah, he's got personal bodyguards all the time, but he's not gonna put security there at the wee hours of the morning. Not gonna do it.

Starting point is 02:18:41 We're gonna take a quick break and we'll be right back. The End You're listening to the David Knight Show. Yeah, Karen said to me, you should have said something about what about that $9 million that he got in crypto from one donor? You know, that came out during the trial. They got him on the stand. They said, well, you just recently got a lot of crypto donations, didn't you? Didn't you get eight million dollars in just one transaction? Oh, that was a nine million dollars What?

Starting point is 02:19:55 When we saw that we just about fell out of the chair It's like because he's going around all the time running money bombs. It's not enough money. You gotta give us more money We're gonna go out of business here. You don't give us more money He got nine million dollars in just one transaction and nobody asked where that came from Who is it? That's giving you nine million dollars. Is that coming from USAID? CIA who is it coming from and so we're at the USAID the staff is ordered to destroy evidence on Tuesday and We're at the USAID. The staff is ordered to destroy evidence on Tuesday. And the email has gone out and been made public.

Starting point is 02:20:30 A senior USAID official on Tuesday ordered the agency's remaining staff to report to their now former headquarters in Washington, DC for a quote, all day, that's the way they put it, all day group effort to destroy documents. We're gonna have a bonfire. We're gonna burn all this stuff, you know, burn after reading type of things. So isn't that amazing? Isn't that? And I've always, you know, we've always known that USAID was CIA. Obama's parents were founding members of the CIA. They were in the OSS and his mother worked for USAID, which is a front for the CIA and everything. So if this is a charity organization, and I see this on some of the Christian scientists,

Starting point is 02:21:17 they say, well, you've got all these missionary sites and everything saying, I don't know what we're going to do. We're just not going to be able to help people if we lose this USAID funding. It's like, well, first of all, if you're a Christian organization, God is the one who provides for your work. And if God doesn't provide for it, maybe you shouldn't be doing that. Maybe you're not in His will. But all we've got to have that money. And so they're pushing back on it.

Starting point is 02:21:45 But, you know, if it really is a charitable organization, like they claim that it is, why are they having to burn all these documents? I mean, they're burning all these documents because it's corrupt. There's a lot of corruption in it, I'm sure. And I think there is a lot of intelligence stuff in it as well.

Starting point is 02:22:03 You know, why would a charitable organization have all these national security issues in it? And they were always there. The materials marked for destruction include, quote, classified safes and personnel documents. They had safes that had classified information in it. It's amazing to me how the conservative MAGA media doesn't really focus so much on the CIA aspect of the USAID. I think that is huge. So it's a charity that has safes full of classified documents.

Starting point is 02:22:39 That's it. Yeah. And here's the quote from the, and they've got a picture of the actual email document that's sent around, quote, shred as many documents first and reserve the burn bags for when the shredder becomes unavailable or needs a break, says the email, because they've got a lot of stuff instructing staff to label the burn bags with secret labels and USAID slash B slash IO which stands for Bureau or Independent Office and do that in a dark sharpie. So cover this stuff up you know label it as secret top secret can't look at that don't look at that

Starting point is 02:23:24 I've said this for the longest time. A lot of the stuff that is the attitude of this national security stuff, keep it secret. Don't tell anybody. I've seen that when I went around to report at even the lowest levels with government officials. And so I can't talk to you about that. Let's classify this secret. It's like, what are you talking about? You know, you're just at an airport or something like this. There's nothing top secret about any of that stuff. And these are just general questions. I'm not specifically asking you for anything.

Starting point is 02:23:56 Oh no, everything is classified. Yeah. Job protection. Job protection, protection of corruption. You know, when anybody says, you can't know when anybody says you can't see my data You can't see my files all the rest. You know that something is up the people think Michael man Michael manure So the Mike Benz says so the current acting executive secretary of USAID Who ordered the mass shredding and the burning of paper files at USAID today?

Starting point is 02:24:36 worked in the Obama OPM, OPM, Office of Personnel Management, then for Obama USAID, then was personally named USAID Executive Secretary by Joe Biden in his first week in office. Let me guess how many of these documents pertain to Ukraine and all the slush funds that were running through there. The email did not provide any reasoning for the document destruction. We can all guess I think. According to a former USAID staffer said quote, I've never seen something like this in mass. Everyone with a safe is supposed to keep it up to date and destroy documents when they no longer need to be stored.

Starting point is 02:25:13 Sometimes security will check your safe and tell you if you have to clean out old material, but never had anybody go through and just get rid of everything. Well, I do find that very interesting. This, I think, is also interesting. This is an article on Daily Skeptic. This is a guy out of the UK, James Alexander. And he said, here's a biblical analysis of AI.

Starting point is 02:25:40 And I really do think that it is satanic, and it's many different attributes. And he kind of talks about how the different aspects of it are satanic, how they are anti-Christian, anti-Christ. He said, �Our contemporaries, though unaware of what they call the dangers of AI, do not seem to have considered that they�re engaging in and with something that is demonic. He said, so Guardian was laughing about the Trump agenda saying it's an AI America first. AI America. He says H.G. Wells wrote a novel entitled Men Like Gods.

Starting point is 02:26:21 Of course, he also did Things to Come, which has become like the technocracy fan fiction fantasy world that people like Elon Musk and his grandfather Joshua Haldeman all bought into the people who did Technocracy Inc. You know, that was H.G. Wells was just showing in a movie form what kind of society they wanted, and it is a fascist totalitarian society, if ever there was one. It has been obvious, he says, to every philosopher since the ancient times that there is an analogy between God's creation of the world and man's creation of artifacts. But it wasn't until the threshing and the threshing steam engines of the late 18th and early 19th century

Starting point is 02:27:06 that man began to consider that he himself was a god. It's that technology that's there. And he talks about how he went to an industrial museum in Sheffield, England. He said, you could press this button so the kids could watch the machines operate. And suddenly he says, you have this vast armament of pistons and pipes begin grinding and rotating. And so it's amazing to watch this. But he says, now what do we have? You know, we've got these black boxes really.

Starting point is 02:27:30 That's what he told. It's this mysterious thing, this black box. You can't see any moving parts to see. Nothing that you can see inside. You know, and so he said, you got a Nintendo game console, for example, simply a black miniature monolith to the kids. They don't see any moving parts like they would with a steam engine, steam punk stuff, right?

Starting point is 02:27:53 It's wholly inexplicable. It's concealing through the absolute infinitesimal minitude of its components. It is a mystery. It is all face and no organs. And are we now to have a technology that is all mind and no organs? AI shall be heated with the great stoves of the nuclear power reactors that we are now suddenly willing to build. We wouldn't do it before. Now we got to do it for AI. Everything for AI. So what is it, he says? Let's think about six different aspects of AI. He says, first of all, like the serpent, it's subtle. Subtle, the serpent talks to

Starting point is 02:28:35 the woman. And subtlety, the secret advice, the confounding of God's will, the knowledge of their nakedness, their hiding from God. It all sounds like AI, because knowledge is power. AI talks to us. It tells us things that are not true, but things that are subversive of the truth as well. Another aspect, the Tower of Babel, he says, for example, when you think about what AI can do, it eliminates that barrier that has been there for a very long time, the barrier of language. You always just see that just a new AI that came out the other day, they're talking about it, and it can clone somebody's voice with just two seconds of a sample. That in and of itself is not anything new. That's been around for a

Starting point is 02:29:19 while. But it can also then, after it in the demo that I saw, it clones somebody's voice and you hear the original recording, it's maybe two seconds, seven seconds, eight seconds or something like that. And then they have some text, they had it read it, and it reads it and it gets the inflections right and things like that. And then they have some Chinese texts. They say, okay, now read it in Chinese. And it's the same voice, reading it in Chinese. And of course, it can do this in any language. And they have virtually every language on earth, they can do that.

Starting point is 02:29:59 So it's essentially reversing what God did at the Tower of Babel. And then the golden calf. Remember when the people of Israel, when Moses is getting the Ten Commandments, said, �Make us a God.� There's an element of that as well. People who are very excited when they talk to Elon Musk and he feeds them this stuff about how we're not only summoning the demon but it's a god. Remember when he had the conversation with Jordan Peterson? He goes, yeah, we're making our gods. And Jordan Peterson, yeah, yeah, exactly right. Yeah, yeah, we're making

Starting point is 02:30:32 them, yeah. Well, how'd that turn out? We're going to melt the gold down and make the people drink it. We're going to melt the silicon down and make the people drink it. That might not go over as well as the... Anyway, just like the calf, AI is an alternative to God built by a hasty, faithless people as a work of human manufacture, but trying to create something that is higher than ourselves. That's the key thing, higher than ourselves so that we can worship it. Then Leviathan, he says, you know, we see Leviathan in Job. Job 38, God says to Job, �Who is it that darkens counsel without knowledge?� So the entire

Starting point is 02:31:12 terrifying sequence is a mockery of what man claims to know, but that God has created. And so he talks about, he says, �We consider Leviathan.� He says, �His heart is made of stone. On the earth there is none his like who is made without fear. King over all the children of pride.� And you know, he says famously Thomas Hobbes when he talked about the state, he used the idea of Leviathan to represent what the state was when he talked about the power of an abusive state in 1651. But I tell you, AI is definitely going to be Leviathan. It's going to expand the power and the reach of the state in an amazing way. He says, but here we may consider it to be AI, indeed the coming King of Pride, one which speaks of its own account

Starting point is 02:32:06 and an entity that is only to be named by God and not by man." And he says Satan. Do we see elements of Satan here in the temptation of Christ where he says, fall down and worship me in order to have power over all the world. Well, again, it is our will to have power, and it is something that we'll ask that we worship it. They're already talking about that. I mean, you've got AI that's doing legislation. You've got AI that's now starting to adjudicate in courts. I mean, they're going to have it rule over us. And then finally, Antichrist, in the sense that it is opposed to Christ and elevate itself up as God. And so, whether it is Antichrist, whether it is the spirit

Starting point is 02:32:55 of Antichrist, it is that spirit of opposition. And you know when you stop and think about it, you know, it's, we'll have miracles there. You know, Elon Musk's other people talking about, well, we put a brain-computer interface in it. We can make people who can't walk, we can make the lame walk, we can make the blind see. Yeah, that'll get it worshiped on it. He says, dare to argue that AI is not just some composite serpent, babble, calf, leviathan, Satan, antichrist. It tells lies. It promises truths that will destroy us.

Starting point is 02:33:30 It enables us to reach the heavens. It appears to function as a god. It is the king of the children of pride. We have created it, but it is beyond our understanding. We must sacrifice to it. It tempts us with power and dominion. And it not only denies Jesus, but it stands for Him, speaking of the peace and safety that only it can give. And it speaks all languages." Yes, again, and it will create a softness, a dependency just like the universal basic income and other elements like that,

Starting point is 02:34:05 which basically allows us to be tamed into being slaves. That's the key thing. So as we look at what is happening with the law stuff, we're going to take a look when we come back at Trump saying that, you know, well, he can't blacklist a Clinton affiliated law firm says a judge is he how how is he stacking up in all of these cases because there are a massive amount of lawsuits are being filed in response to his executive orders in response to what Elon Musk is doing with Doge yes he is

Starting point is 02:34:43 the one who's actually running Doge we're gonna take a quick break and we'll be right back. Good evening. Tonight's tale is a story of paranoia and a most unexpected perpetrator, the common cow. Or more specifically, what comes out the other end. Yes, the air is thick with intrigue as it seems that in our modern age of propaganda, even a humble bovine's backside can be branded a national security threat.

Starting point is 02:35:13 The menace is invisible, silent, yet deadly. Carefully contrive to panic the masses into accepting the government stepping in, jack boots and all, with their solutions. Because who better to stop a gaseous threat than a bunch of political windbags? But one must wonder, is this truly about saving the planet, or are we simply being led to pasture? Is it merely a MacGuffin?

Starting point is 02:35:44 The David Knight show serves as a breath of fresh air for those who still believe that truth can stand up to scrutiny. And he's found that the government narrative smells suspiciously like a load of bull. So if you want to help others catch wind of the BS being shoveled out of Washington, please consider supporting the show. And now back to our regularly scheduled program. You? Yeah.

Starting point is 02:36:15 Oh, I cut that off too soon. This is David Knight's show, by the way. That's what he was about to say. Trump can't blacklist Clinton affiliated law firms, says the judge. It's amazing to see what they're doing here. I mean you would think I would look at it as saying well that's under the prerogative of the executive and I believe that it is. You know this is Perkins Coy. This is the law firm that represent Hillary Clinton's 2016 campaign and then they're the ones who kind of

Starting point is 02:36:45 put together this Russian Russia gate nonsense as well. And it's kind of interesting to see that that happened yesterday on Wednesday. The judge partially blocked Trump's executive order that barred the executive branch from working with Perkins Coy. Now can't the executive say we're not going to? It seems to me like if you're going to have somebody who has security clearance, that anybody ought to be able to blackball that and stop it if anybody is concerned about

Starting point is 02:37:20 their security clearance. And of course, this is an organization that was involved in massive fraud and lies against Trump. And it seems to me like that would be something that the executive could do, wouldn't you think? Except this is a judge who says no. Whatever the judges say, we've got to do what they say, right?

Starting point is 02:37:39 And you've got other judges saying, well, if there was money allocated for this program, then he has to spend it. And of course that is not true either, as I pointed out. That's a big part of the power that is wielded by the presidency over everybody, just as, you know, on March 13th, 2020, he releases the money so that he can bribe governors to do stuff. And he kept giving them the money, no matter what they did, everybody, oh, it's just the bad Democrat governors. Well and he kept giving them the money no matter what they did or my all it's just a bad Democrat governor's well he kept giving them money massive amounts of money and that money flowed to the governor's it

Starting point is 02:38:13 didn't flow to the state you know you look at the bad governor Republican governor in Idaho Brad little he was and he had a Republican legislature try to stop him, but they, you know, he basically shut them down. He had more money than the legislature had to spend, was given to him as discretionary funds. We talk about the power that Trump gave these governors, Republican and Democrat, it was so intoxicating, and of course they did whatever he wanted. They didn't want to have that removed. But we have seen that Trump and Obama and Biden and every president has always used, especially recently like I talked about with the training bathroom stuff, they use the power of the purse to get people to do what they want. And so if there's money that is allocated for the schools

Starting point is 02:39:09 And so if there's money that is allocated for the schools and if Trump, Obama or Biden withholds that money because the school's not doing what they want, then he's not spending all the money that has been allocated by Congress. How do these judges, how can they say that he must spend all the money, that he can't stop it? That's been their primary way of control because you know, 10th Amendment says that they don't have the power to issue orders about this stuff and the Congress doesn't either. So what he does is he incentivizes it. He gives them money for that or he takes the money away. And so

Starting point is 02:39:39 there's absolutely no way that a judge who is honest and consistent can say the president can't do that. All the presidents, both parties have been doing that on a lot of different issues. Perkins Coy worked on Hillary Clinton's 2006 campaign. Trump's order justifies the actions against the firm by pointing to its role in hiring the people who helped to develop the controversial dossier with Trump's purported ties to Russia. All of it was a lie, it was a fraud, but now this judge says you can't withhold their clearance.

Starting point is 02:40:11 Isn't that amazing? And when I look at the headlines from the left, they were saying, this is horrible. Oh, this is a chill. The president could actually stop using that law firm and could punish them for what they did fraudulently and criminally. Anyway, so he's had a lot of, besides this, there have been a massive tsunami of lawsuits. Plaintiffs, including Democrat attorneys general, federal workers, labor unions, nonprofits, and other groups have brought dozens of lawsuits challenging the Trump administration's activities

Starting point is 02:40:53 in the past few weeks. Most of the lawsuits are still playing out in court, though a number of temporary rulings have been issued that either block policies while litigation moves forward or maybe they allow various orders to stay in place until there is a more lasting ruling. Permanent rulings have only been issued so far in just two cases, even though there's dozens of these things out there, and both of those were for two specific federal workers' firings. So most of the big broad actions that are out there are still being litigated. And even if there is a decision, all the litigation is subject to appeal and to change. Like I said, you know, all the rest of this stuff is really not going anywhere. So they have in this long article, and I'm not going to

Starting point is 02:41:38 go down all the different ones, where has Trump won? Where has Trump lost? What is still out there? Where has Trump won? Where has Trump lost? What is still out there? It is all still up in the air. As Benjamin Winegarden says, though, the Trump administration has issued a new memorandum aimed at combating those who seek universal injunctions against it to halt its policies.

Starting point is 02:42:01 Now, Mike Lee has introduced a bill that says, and I agree with it, that one district judge, and again there's 677 district judges, federal district judges, there's 94 districts, 677 judges, one of them, one of them, can block and affect change for the entire country. And so Mike Lee is saying, no, no, we need to make clear what their jurisdiction is, number one. But that's going to take a long time to get that through, even if it passes, and it may not pass.

Starting point is 02:42:31 And so what the Trump administration has done to try to clear this legal logjam of lawsuits is to say, well, we're going to declare that per the federal rules of civil procedure, those who are bringing the cases up need to put up bonds, injunction bonds. In other words, you're going to have to put up kind of a deposit for this kind of stuff. And they're hoping that that's going to stop it. It is the policy of the United States to demand that parties seeking injunctions against the federal government must cover the costs and the damages incurred if the government is ultimately found to have been wrongfully enjoined or restrained. So in other

Starting point is 02:43:14 words, if you're going to get an injunction and say that we can't save the money over here and that's an invalid injunction, you lose in court and they say, no, you really did have the authority to, you know, cut a hundred million dollars. Well, if, you know, what we're talking about here is cuts of a hundred million dollars. The way I interpret this is that they would have to put up a deposit so that they could pay the government back if they cost the government $100 million for not being allowed to shut down. That's kind of a clever way.

Starting point is 02:43:49 Of course, it's clever, but it avoids a real issue that needs to be discussed openly about judicial supremacy. And I think that people need to have an open discussion, which they're not going to do of course. They have an open discussion about not just where the jurisdiction of a particular district judge ends, but where the jurisdiction of the judiciary itself begins and ends. And so that still remains to be seen. We're going to take a quick break and we'll be right back.

Starting point is 02:44:16 Penny saved is a penny earned. Though that's gotten tougher since they've stopped making them. Maybe it's time to start saving a different type of coin, such as the new David Knight Show supporter commemorative coin. Saving these coins earns support for independent media, featuring striking bas relief with bold raised details and premium painted accents. It's not just a trinket, but a statement, a declaration.

Starting point is 02:44:46 A way to show you refuse to be controlled by the establishment. It's a limited run of just 100 coins. So, much like the penny, when they're gone, they're gone. They silence independent voices. They censor the truth. But you can stand with real journalism and own a piece of the resistance. These coins saved is The David Knight Show Sustained. Available now at TheDavidKnightShow.com. You're listening. I cut that one off too. And that was me talking on the coin. How could I do that? Anyway, Dave Weldon, as I talked about, Dave Weldon, who is a former congressman and physician,

Starting point is 02:45:29 has been nominated for the position of CDC. And the reason I bring this up again is because today is the day that we find out if he's going to make a Faustian bargain with the devil, also known as Senator Cassidy, who is the Republican chair of this committee that is going to be analyzing him. And so that's going to be happening today. He's expected to face questions from the Senate Health, Education, Labor, and Pensions Committee, which is chaired by Cassidy, the guy who got RFK Jr. to bow before him. But that'll be today. Weldon served 14 years in the house until 2019, largely staying out of the public spotlight during this time. However, he attracted the attention

Starting point is 02:46:12 of anti-vaccine groups due to his criticism of the CDC and questions about vaccine safety. So from his history, he looks good. We'll have to see what happens. We'll have to see what happens, first of all, today, what he pledges to do, and then we'll have to see what happens if he makes it. He'll have to get past Cassidy. He'll probably have to prostrate himself before this guy. And so, anyway, Walden has promoted, says NBC, the false claim linking vaccines to autism. Yeah, he was featured in the documentary Vax, as I said yesterday, a matter that the CDC will re-examine under Kennedy despite decades of

Starting point is 02:47:00 research failing to find evidence of a link, said NBC. Well, what does cause autism? Why has it AIDS research failing to find evidence of a link said NBC. Well, what does cause autism? Why has, is it exploded? Does NBC care? No. And these guys really get angry if you say we're going to look, they don't want anything to stop it. Why is that? I introduced a bill in 2007 to transfer responsibility for vaccine safety from the public health agency to an independent agency within HHS.

Starting point is 02:47:31 The idea is not entirely opposed by some vaccine experts, but would significantly reduce the CDC's role. The bill, however, never made it past committee. So the question is, will he make it past committee? According to an account in the 2004 book, Evidence of Harm, oh, okay, wow. Deb G. Kennedy says, David, the White House just withdrew him as a nominee. Well, I guess he wasn't ready to sign the deal with the devil. That tells you a lot about the Trump administration, doesn't it? Uh, and I'll just finish with this paragraph here.

Starting point is 02:48:09 Uh, Weldon actively intervened to help anti-vaccine researchers, Dr. Mark Geer and his son, David, access the vaccine safety data link. Oh, they're upset about that. That is a CDC database containing patient health records. Now, here's what NBC says about that. This raw data is available to researchers but it isn't public. Why is that? Well, because of concerns over privacy. Well, you don't have to release people's names. You're looking at massive numbers. You know, you're not, well, you know, Sally's got psoriasis or whatever. You know, you're looking at how many cases of psoriasis are out there.

Starting point is 02:48:52 They're not going to dox people for diseases on social media. But they said, no, this has to be kept away from the public because of concerns over privacy, because of manpower. Oh, you don't have enough people to, well that's not a problem with this, it shouldn't be a problem, because he was just giving people who had the manpower access to the data to take a look at it. Why are you trying to hide data from us? Well here's the reason, and because they're worried about misrepresentation of data. Well that's what open debate

Starting point is 02:49:23 and science is supposed to be about, isn't it? I think that's very interesting that Dave Weldon withdrew his nomination in the last minute. Wow, wow. It was to happen today. And I guess they got with him, you know, because they have the people that are there with the Trump administration. And you had Dr. Wakefield push for Dave Weldon to be in the first Trump administration, and

Starting point is 02:49:48 he wasn't. They refused to have him then. And so I guess as they were wargaming this, maybe he said, I'm not going to bow to this stuff. So the CDC has now, you know, they've got a lot of stuff with vaccines. They have a lot of influence over vaccine recommendations, says MBC, through its advisory committee on immunization practices. And this is a panel that is made up of experts, experts who have conflicts of interest. This is pediatricians, epidemiologists, and public health experts. And you know these people are loaded with conflicts of interest. And that's one good thing that RFK Jr. has done,

Starting point is 02:50:29 is he said, we're going to list the interests of people who are on that committee, to see if they've got conflict of interest. And so, since Kennedy has been there, they have shut down two major vaccine advisory committee meetings. I'm glad he did that. Again, I don't trust Kennedy. And, but this is good. And, you know, we could always hope that there would have been something else there.

Starting point is 02:50:59 But anyway, so they shut down two of these, the two committee meetings that were scheduled, they shut them down and then they put up information about, and this is the way NBC puts it, what it describes as conflicts of interest. What it describes as conflict of interest is pretty clear, isn't it? You own stock in these companies that you are setting in judgment of, you're going to make money if you green light this stuff. So they said they're worried about the implications of having a CDC director who may not fully support vaccines and thinks that there's a link between vaccines and autism. And evidently the Trump administration is well, because they just pulled his nomination,

Starting point is 02:51:46 as listeners said. The science is very clear, and has been for decades, on vaccines and autism. To look into that again is a big waste of resources. But you don't have, if you've looked at it and you've investigated it and your science is clear. Your science hasn't produced any answers and you don't care? You don't care about the explosion of autism? Just like Senator Cassidy, that's why I compare him to the devil. He doesn't care about this. You're not going to do any more research into this, are you? What are you afraid of, Cassidy?

Starting point is 02:52:17 What are these other people afraid of? They're afraid because they know. They know there is a link between the vaccines and autism. Not necessarily between one particular vaccine, but to the groups. I mean, it wasn't that long ago. We had, remember we had that child custody case where there was three children and the mom and dad had agreed when they moved to another state, I think it was Texas or something, we're not going to vaccinate the kids and they were both of them in agreement. And then there was a divorce and the judge found out that they were not

Starting point is 02:52:53 vaccinated. Actually her lawyer knew that the judge was a big vaccine advocate and said you know these kids haven't been vaccinated and the judge was what? That's child abuse to not vaccinate your children. And he goes, I'll tell you what, whichever one of you parents will promise that you're going, will have the kids vaccinated, you walk out of here today with custody of them. And so the lawyer says, she will.

Starting point is 02:53:20 She got custody of them. She takes them to the pediatrician. The pediatrician with the three kids, the girl already had some known allergies and so the pediatrician did not give all of the like 20 shots or whatever to catch up to her. Okay? So they were going to space yours out. But for the two boys, she gave them all the 18 vaccines or whatever that they were supposed to get caught up all at once.

Starting point is 02:53:49 Both of them went straight into intensive care. One of them got out after about four or five days. The other one was in for an extended period of time. And the one that was in for an extended period of time now has such severe autism that he can't do anything. So he basically turned into a lifetime of dependency because of that. So Cassidy, you want to take a look at that and explain that to us? Tell us why we shouldn't look at that. He doesn't care. What a heartless, cold, sold out, sold

Starting point is 02:54:21 to the devil person, people like Cassidy and Hotez and all the rest of these creeps that are out there They don't care what is happening to people and they are adamant that you must not look at any of this stuff And so I guess Dave Walden Was going to do it. So the Trump administration got rid of him one of the things and this is from expose news We don't have much time. So I'm'm not gonna get in the continuing resolution stuff today But I did want to talk about this proteins and vaccines Are causing food allergies and we've seen besides an explosion of autism. We've seen an explosion of food allergies And I've had a couple of situations

Starting point is 02:55:00 Not situation. I had several different articles in the last few months, just before Christmas and just after Christmas, there have been at least three big product recalls from FDA. And it has the headline will say, potentially fatal ingredients not listed in this package. I was like, what? You look at it and in all these different cases cases it was because something in the package had been exposed to milk and they did not list milk as a normal ingredient. It was not a normal ingredient, it just had exposure to it. And we have known somebody who was the age of our children who had a very severe allergy

Starting point is 02:55:40 to milk. And they're saying these milk allergies these peanut allergies and they're all serious They're gonna kill somebody but they can also she could also smell something. I had milk in it a mile away But you know, they're recalling the pack these these products because they there's been some exposure to milk or something in it So why is that there? And that is kind of a new thing that we have seen pulling up But this is something that's been known for quite some time. This article at Exposé says that there was an

Starting point is 02:56:10 electronics engineer in Silicon Valley who was motivated to research the relationship between vaccine safety and food allergies after his son developed a life-threatening food allergy and asthma as well. And so what he was able to find out with his research is that food proteins that contaminate vaccines can trigger immune sensitization and can drive this epidemic of allergies that we're seeing here. And there's also things like of course polyethylene glycol, PEG, which was you know listed in the agreement's a major component of these mRNA vaccines. And when that was listed, their children's self-defense contacted the FDA and said,

Starting point is 02:56:50 you're going to put people on anaphylactic shock if you inject them with PEGs. And they said, well, we don't care. Why don't you call Pfizer? That's not my job, right? No, that is your job. And of course, Pfizer didn't care either. So they did it. And they had a lot of people who got that but the interesting thing about this is that It tends to come not with a first shot

Starting point is 02:57:12 But with a second shot and subsequent that's why the number of shots is very important here But this is something that has been known for a very long time going back back to 1913, Charles Richet, a French physiologist who won the Nobel Prize in Medicine in 1913, coined the term anaphylaxis to describe this phenomenon, which he discovered in the early 1900s that injecting a small amount of toxins such as bacteria or virus can make people and animals vulnerable to those toxins rather than immune to them. You understand? It works exactly the opposite of what they're saying. Rather than becoming immune to what you get injected with, you become more vulnerable to it. You get injected with something that's not even harmful like

Starting point is 02:57:59 a food protein and you develop an allergy to it. It sets off your immune system. It can kill you. And so he said the components in a vaccine can prime the body for an allergic reaction. You know, we were never designed to have things injected into us. That's why we have skin. God gave us skin to keep that from happening. Any bacteria or bad things like that, then there's a lot of different layers of things that mitigate that. You inject something directly into somebody. That is very, very important. So as he looked at all of this, Charles Ruscha and other people who looked at it, Ruscha was also a committed eugenicist. And he developed methods of poisoning people by sensitizing them to common substances in their environment.

Starting point is 02:58:49 So when she realized this, this researcher said, well, maybe vaccines are the most ingenious way of poisoning people. I think they are. In 2022, they said, we published an article detailing testimony in a grand jury proceedings about this very thing. The doctor that was talking about it at that time said, well, what is going to happen is it's the spike protein is the thing that's going to set off everybody's immune system and that is exactly what happened.

Starting point is 02:59:20 But it is now also, and we can see that very easily, but you look at peanut allergies, milk allergies, other things like that. These are things that the Silicon Valley electrical engineer looking at what happened to his child found in 1911. They discovered that eating a protein before it is injected can give some protection against it. That's why it is so dangerous to inject babies who have never experienced this stuff. The first time they experience it is via injection. They develop an allergy to it. We're up against some really insidious evil, aren't we?

Starting point is 02:59:59 Thank you for joining us. Hello, it's me, Vladimir Zelensky. I'm so tired of wearing these same t-shirts everywhere for years. You'd think with all the billions I've skimmed off America, I could dress better. And I could if only David Knight would send me one of his beautiful grey MacGuffin hoodies or a new black t-shirt with the MacGuffin logo in blue. But he told me to get lost. Maybe one of you American suckers can buy me some at

Starting point is 03:00:27 thedavidknightshow.com. You should be able to buy me several hundred. Those amazing sand-colored microphone hoodies are so beautiful. I'd wear something other than green military cosplay to my various gala and social events. If you want to save on shipping, just put it in the next package of bombs and missiles coming from the USA.

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The David Knight Show - Thr Episode #1967: “GENIUS Act” Crypto Trojan Horse, CDC Vax Skeptic Dumped by Trump, Tariffs, Tokens, and Debt

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CODACE Plant Stand

The David Knight Show - Thr Episode #1967: “GENIUS Act” Crypto Trojan Horse, CDC Vax Skeptic Dumped by Trump, Tariffs, Tokens, and Debt

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.