The Eric Metaxas Show - Collin Plume

Episode Date: August 2, 2024

Collin Plume of Noble Gold shares how the founding father's vision of gold and related to government powers. Find out more about owning physical gold at: https://noblegoldinvestments.com/ ...

Transcript
Discussion (0)
Starting point is 00:00:10 Welcome to the Eric Mattaxas show. Do you like your gravy thick and rich and loaded with creamy mushrooms? If no one was looking, would you chug the whole gravy boat? Chug, chug, chug, chug, chug. Stay tuned. Here comes Mr. Chugg-a-Lug-Lug himself, Eric Mat, Texas. Hey there, folks. Have you heard of the film The Firing Squad?
Starting point is 00:00:35 Have you heard of it? Well, now you've heard of it, and now you're going to see it. because I've got the director as my guest right now. Tim Chee, welcome back. Welcome back, Eric. Good seeing you. We saw each other in Nashville at the NRB. I was going to say, we saw each other there,
Starting point is 00:00:53 and they said it wouldn't last. And look, here we are again. It's unbelievable. So the film is called the firing squad, and it is coming out this weekend, so people need to check it out. Folks, it's a great film, so, like, you want to check it out.
Starting point is 00:01:06 Now, Timothy Che, I just want to say, my notes on you. Now, I know you're the director of this great film. We're here to talk about the film and to promote the film, which is a great film. You can go to firing squad film.com, firing squad film. But in my notes, it says that before you became the director of this film, it says, you were a former Harvard-educated atheist who found Christ in his 30s. Now, I just want to be real clear. As a writer, an Yale-educated English major, this doesn't make a any sense. You're not a former Harvard-educated atheist, because that would mean that you're no longer Harvard-educated. You're, you're, this is, this is,
Starting point is 00:01:49 Timothy Chey is a Harvard-educated, former atheist. I just want to be very clear. Going forward, going forward, you're still Harvard-educated, but you're no longer an atheist. You're no longer an atheist. So, I just want to be very clear.
Starting point is 00:02:06 I just offer that for free. These are just my, you know, my proofreading, my proofreading stuff. So you were an atheist, though. We're joking around. You were an atheist. You went to Harvard. What did you study at Harvard? I did an MBA and I did a law degree at Boston University.
Starting point is 00:02:22 So I did a JD MBA. Okay. So you, but you were an atheist. And what happened in your life where you saw the light and you came to your senses? It's a long story, but the short answer is I was practicing law. but I had a very bad gambling problem. And so I got fired from my law firm, Eric, going to Vegas too much. And I was still an atheist.
Starting point is 00:02:50 And then I went to Hollywood. And I went to USC film school as an undergrad. So I went and I did a film for Universal. And after that, I gambled away my entire director's salary in one night of Blackjack. And this was in the Philippines, which is called the Party Capital. of Asia. And I went back to my hotel room about to commit suicide. And I reached for a Gideon's Bible. And I just read it. It's a good. It's a good thing you weren't saying in a Marriott. Why? Oh, yeah. They have the Book of Mormon. Yeah. But they also have the Bible, though.
Starting point is 00:03:31 Would you repeat, would you repeat that sentence before you said you reached for a Gideon's Bible? You say you were going back to your time? Because we lost, we lost some of that. It got chopped up. So just start again that I was going back to my hotel. No, no, no, it's our fault. Go ahead. It's just say I was going back to my hotel and, you know, whatever. Go ahead. Oh, yeah, I went back to my hotel in Manila, Philippines, a broken guy. I just lost all of my salary on one night of blackjack. And I was at Witson about, you know, thinking seriously about suicide. And I reached for Gideon's Bible, opened the front of the Bible, and I accepted Jesus just on the questions in the front. I didn't read the Bible itself. I just, where are you from?
Starting point is 00:04:10 where are you going to go when you die? Do you believe Jesus' Son of God? All of this. And I got on my knees. I accepted Jesus. And that was 24 years ago, never looked back. So you just open up the drawer in the hotel and you reach Gideon's Bible. I was thinking it's a good thing you weren't saying it to Marriott because you could have hit the book of Mormon. It's very confusing. Let's just, let's just leave it at that.
Starting point is 00:04:30 But so this is kind of, it's a happy, what a happy, beautiful thing. And so you go on to create movies and now you've directed this film. I'm really excited about this film. I've interviewed you about it before, but tell my audience, because I hope people hear this and they will see this film. Tell my audience about the film, The Firing Squad. Sure, Eric. It's based on a true story of three Christian prisoners who face execution, and they win the
Starting point is 00:04:57 entire prison camp to Christ, and they did it in a stunning way, stunning conclusion. What year – this is a true story? True story. Yeah. And when did this story – When did this actually happen? The execution happened in 2015 in Indonesia at the Kirkokin prison in 2015. Yeah, just nine years ago.
Starting point is 00:05:22 But it's, I mean, this is amazing. How did this story come to your attention? It was, believe it or not, Eric, it was through CNN Asia. Is that pretty cool or what? It didn't come through Fox News, which usually it should come from. Oh, I don't know. I think he meant to say Newsmax, but go ahead. Newsmax, okay. Yeah.
Starting point is 00:05:45 Newsmax or TVN. Yeah. But it came through CNN Asia, and the reporter said, I'm outside the prison. It was a Kuboken prison near Bali in Indonesia. And they said they were calm, Bob. Bob, I think was the anchor because they have a savior and gives them peace. When I saw that on CNN Asia, I knew they were Christians. I knew that this was a huge story.
Starting point is 00:06:10 that had to bust. It did not, though, in the United States, unfortunately. Okay, now I want to be clear. This is why I want people to see this film. It's starring my friend Kevin Sorbo, also Cuba Gooding Jr. So these are big stars. It's a big deal film. Say the story again of what this is about, because this is one of these things. This is real. This actually happened. So this story should have been made into a film. I'm very grateful to you and those who, who, who, who made it happen. But the firing squad, the film, tells a true story.
Starting point is 00:06:45 So tell us again this true story because it's kind of amazing. Oh, sure. And so these guys were drug dealers, Eric, and they brought in kilos of cocaine to go to China. And they went via Indonesia, which was a big mistake. And so there were more than three of them. And so the fifth guy's parent, father, by mistake, alerted the. authorities because they had a really good plan of going funneling from Australia through Indonesia to China.
Starting point is 00:07:16 This is cocaine. And so they got caught at the airport and they all went to the Kurboken prison. And there inside the prison, a pastor led them to Jesus. And I've got to tell you something fascinating, Eric, they came from all different ethnicities, religions. They were Nigerian, Asian, Australian, American. They all came to Jesus through this one pastor. And then they all went out singing Amazing Grace.
Starting point is 00:07:43 That's not the stunning conclusion. But they all went out singing Amazing Grace, stunned the entire prison, and they won everybody to Jesus. They want everybody to Jesus. I mean, wow, wow, wow, wow. It's just an amazing story. The firing squad, folks, is the name of the film. Before we get too far, how can people see the film?
Starting point is 00:08:06 Okay. It's going to be in theaters. nationwide. I think over a thousand theaters starting Thursday sneak previews and then Friday five showings a day. Okay, folks.
Starting point is 00:08:19 You got to support this film, but more than that, you got to thank God for this film. What an extraordinary thing. Now, you said they led most of the prison to faith in Jesus? You know, there were
Starting point is 00:08:35 several reporters that said, and don't want to give away the ending, but they won the entire prison camp to Christ, and they themselves got led to Christ. And maybe it was because of the prison conditions that they had no other alternative, but they could have found other religions. They could have read the Buddhist meditations, the Hindu Vedas, the Bhagimakita, the Koran, but they all chose the Bible. What could be more depressing? Let me just say, this is an amazing story. Folks, this is a amazing story. Folks, this This is a true story. This is a true story.
Starting point is 00:09:11 And I'm just thrilled, Tim Che, that you made this film. I'm thrilled that you got Cuba Gooding Jr. And Kevin Sorboe and all the other actors. It's just a big deal. So I want to encourage anybody listening. Go to Firing Squad Film.com. Obviously, if you put in Firing Squad Film, you can see the trailer. Tim Chee, God bless you.
Starting point is 00:09:36 And I pray the Lord gives this. Great success. Thank you. Thanks, Eric. And just like you know, Cuba getting Jr. recommitted his life to Jesus on the set. It gets better. Thank you. Thank you. God bless. Hey, this is Eric Mettaxas. For years, I've told you about Nutrametics, a professional supplement brand trusted by doctors since 1993. Nutrametics offers a variety of health bundles. Whether you want to support your immune system, improve your sleep, promote joint comfort or detoxification support, Nutrametics has a health bundle right for you. The best part about Nutrametics, every year they donate a minimum of 50% of their profits to Christian charities and missions.
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Starting point is 00:11:51 Inspire-advisors, biblically responsible investing. Visit inspireadvisors.com. Inspireadvisors.com slash Eric. Hey, folks, I'm excited to announce a new sponsor on the program. That is, the sponsor is called Noble Gold Investment. Noble gold investments was started by a guy I like to call Colin Plume. And here he is. Colin, welcome. Thank you. Thanks for having me.
Starting point is 00:12:29 Thanks for coming in. I'm excited about gold in general. Every time I talk to people about this, I get excited about it. But you, I saw something in my notes. I thought this is up my alley. It says that our founding fathers established a gold standard. And you say that investing in gold, when people are investing in gold, they're aligning themselves with the original vision of the American economic system.
Starting point is 00:12:57 A lot of people who love gold, they wouldn't think of it this way. Right. So why do you say that? Yeah, I mean, a lot of people buy gold jewelry because that's what everybody does. And it is a big part of consumption of gold is jewelry, the manufacturing. But, you know, the founding fathers believe that you have to set up a system that allows people to prosper. but they wanted to set up a system that had some checks and balances. And so having our dollar tied to gold doesn't allow us to overspend.
Starting point is 00:13:29 So for all the time that we were tied to the gold standard, we couldn't spend more than what we had in reserves. So it was a checks and balances system, and I believe that that's what the founding fathers believed. And I think we can see it today that without a checks and balances system, what the government and people in government can do. You know, more than $34 trillion in debt, they can never create a budget that makes sense. There's no accountability. I mean, nobody in their house could run how the government is run.
Starting point is 00:14:01 We all have responsibility. So I believe it does align with the founding fathers that there should be a checks and balances system, and we shouldn't be able to just, as a government in a country, just spend, you know, wildly and recklessly. U.S. inflation, again, looking at my notes, is currently at 3%. We've experienced 20% plus inflation in the last few years. You say that gold and silver serve as a hedge against that.
Starting point is 00:14:28 And by the way, you've brought literal gold and silver into the studio here. I did. It's kind of funny, actually, because, you know, on some level it's pretty simple. There's something very appealing about it, not just because it's, It's worth a lot. It's worth a lot because there's something appealing about it. Right. I mean, the weight of it, the heft of it. You handed me this gold bar.
Starting point is 00:14:49 This is unbelievable. That's a kilo gold. That's when I bought that bar many years ago, it was around $60,000. It's worth close to $80,000 today. What? This is worth $80,000. Could I bar this just for 20 minutes? I charged by the minute.
Starting point is 00:15:07 I don't know if that's worth $80,000. Yeah, just under, just a little bit below. This is 2.2 pounds of gold. Yeah. You could feel the weight of it. Oh, it's amazing. Yeah, I think that's the thing that. That's why I always bring that bar. I mean, we sell those, and that's what central banks are buying. You know, they buy bars that size, bigger size bars.
Starting point is 00:15:28 I mean, so what we do at Noble Goal is we focus on bullion. That's really what separates us. There's a lot of coin dealers and selling coins. Right. You want to get bullion. That's going to get you the most bang for your buck. and it's going to grow over time. And that's the thing you get the most weight and the most ounces.
Starting point is 00:15:44 So that's really how we've established. So I do try to align myself with the Founding Fathers and also with the Bible, because I do believe that being conscious with your wealth is something that the Bible talks about a lot, is being focused on not being wasteful. And so that's why we really focus on these items, which get the investor the most value for their dollar. Well, it is just amazing to me. me that I don't know if I'm going to get over this very easily that this is worth $80,000.
Starting point is 00:16:16 But it's it's it's it's amazing how heavy this is. Yeah, it is. Like it's just under this little thing is worth so much money. And you said when you bought it, when did you buy it? A few years back, you know, sitting around 60,000. Also, I want to, there's a thing that people talk about that you can't take golden silver with you. I flew in with this.
Starting point is 00:16:38 Yeah. You can move gold. That's one of the reasons people like gold and silver is that if you had to get out of here for whatever reason, you could have some liquid wealth that you have access to. And with bank closures and, you know, I have a friend that was in Argentina and he was telling me that if you go to their inflation is so high. If you go to a bank, if you go to a restaurant one day to the next day, the value of the cost of that meal could be five to 15 percent cheaper or more expensive. Depending on the day, their inflation is so, I mean, they have like almost 10 percent inflation a month. So having something that's physical that the government can't just print out of thin air is another reason. Besides, you know, the shininess is another reason why people are attracted to physical gold is that there's only enough of this in the whole world to fit in two and a half Olympic-sized swimming pool.
Starting point is 00:17:28 So there is a finite amount of gold. There's enough gold in the whole world to fit in two and a half size Olympic-sized swimming pools. That's it. That's it in the whole world. It's a small amount. And it only goes up by 1% or around 1% per year. So, yeah, there's mining all over the world, and they're trying to find it everywhere. But it's hard.
Starting point is 00:17:48 It's hard to find it. Well, it's increasingly hard to find it. It's increasingly hard to find it. And there's also just the cost. It's very expensive to do it. So that's another aspect of the limited supply. If we could restrict our currency in the same way and only grow by 1%, we would be in a much better position. but obviously we know we've flooded the market with dollars, especially since COVID.
Starting point is 00:18:11 So why, I think a lot of people listening right now maybe already have some gold, but why do financial advisors advise us to have some of whatever, our wealth in gold and silver? What's the idea behind it? That's shifted. I've been in the business 16 years. It wasn't always that way. I remember, you know, when I started, they would not recommend it because they wanted you to do other things that they sell, other financial instruments.
Starting point is 00:18:40 But it has become more popular today. I have had a lot of stockbrokers and financial advisors refer us because they just know that they're looking at the same thing we are and saying the market is unstable, nobody knows what's going to happen in the market. So having a hedge, having a little bit gold, gold's up 17% this year, silver was up pretty close to that. It did have a pullback, which I'm really excited about because I think it's a good value.
Starting point is 00:19:07 But I think financial advisors realize that it's foolish for them to tell you to not buy an asset like gold that makes a lot of sense. And it's because I think they realize they'll lose a lot of the business and trust if they just tell people to buy the instruments that they sell. So that's why a lot of times we'll have them refer us some of the portfolio and we'll help them in physical gold. And then they'll keep some of their stocks. And I'm not saying don't have money in stocks. I'm just saying that these things are very popular and becoming in high demand. I know you also talk about gold as being a hedge against what are called black swan events. In other words, there could be, we don't know, frankly, what the future holds.
Starting point is 00:19:48 Things are so unstable right now. I mean, I think in my lifetime, we've never seen anything quite like it. They just tried to murder the president. Unbelievable. It hadn't happened in 40 years. In 40 years. Yeah. We have, you know, just a level of chaos.
Starting point is 00:20:06 I don't need to even spell out the details. And we don't know what's going to happen between now and the election. People keep talking about a black potential black swan event. How is it that you say that, you know, gold and silver can be a hedge against that kind of chaos, financial hedge. Yeah. Yeah. I remember when Reagan got shot, the joke he said to the doctor was, I hope he's a Republican. I don't know if you remember that.
Starting point is 00:20:32 I always cracks me up. But, you know, I do think, I mean, there is so many Black Swan events that are happening. I mean, like you go back two weeks ago, we had CrowdStrike, which, I mean, who would have thought that 30,000 computers and companies were controlled by one company, this CrowdStrike? And that they could shut down the whole infrastructure by sending out an update that didn't work. And you weren't able to send wires on those days. you weren't able to do normal business on a day to day. So people were calling us and saying, you know what, I want to have some money outside of the,
Starting point is 00:21:07 I don't want to have all my money as a digit. And that's really what most people have. If they think about it, everything is a digit. And guess what? There was a few days there those digits didn't work. During 9-11, those stock market digits, it was closed, right? We were still, you could still buy these items. We were still moving, selling gold and silver.
Starting point is 00:21:27 So it's nice to have some. something that's not tied into something else. And it's also good to have some protection when these events happen. And, you know, Black Swan event is when the banks, you know, last year were having major problems, they bought the wrong bonds. Well, you, as someone that has your money in the bank, you don't have control over how the bank's investing, but people were very nervous last year about what's happening. And so people bought gold as a hedge, and gold reacted, you know, because gold last year was sitting below $1,900, and now we're sitting around $2,400 for gold. So it's interesting to see that this change in mindset is that people today, even younger
Starting point is 00:22:06 people realize that just having all their money tied up in a phone is not the best thing for them long term. They're realizing that, yeah, I want to have some physical assets. Real estate's been kind of rocky, and it's, you know, rates are high, and it's hard to sell. So these things are liquid. You can move it anywhere. you can take it anywhere in the world and there's high demand. I mean, you know this.
Starting point is 00:22:27 Anywhere you go in the world, they'll buy gold and silver. I want to tell people to go to noble gold investments.com. That's noble goldinvestments.com. When we come back, I continue talking to Colin Plume of Noble Gold Investments. Hey, folks, you asked and my pillow listened. They're finally bringing you the most requested offer ever. Right now, you can get the Queen's. size premium MyPillow for only
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Starting point is 00:24:15 It is Noble Gold Investments. You can check them out at noblegoldinvestments.com. And I'm sitting right now with Colin Plume, who's the president and CEO of Noble Gold Investment. So I have a few questions I want to ask you. You were saying something about the IRA. Talk about that. Yeah. So we help people, a lot of people aren't aware that you can acquire golden silver platinum plating
Starting point is 00:24:39 in your IRA. And it's not a stock or a fund, and it's not mining stocks. It's actual physical gold and silver. In 1987, they started to allow this as an option because, as you can recall, in the early 80s, we had crazy inflation, you know, double-digit, high 18% inflation, 16%. So the government realized, like, maybe we should have something else as an offer. They also started minting their own coins at the same time, coincidentally. So we help people, old 401Ks, IRAs, TSPs, any account, we can help them move it out of stocks and bonds. whatever into owning physical gold that they own. And the reason that people do it and they like it
Starting point is 00:25:21 is it's a self-directed IRA. So we do help you. We do the paperwork. We do all the work. But you're in control of it. So you can acquire when you want. You can sell it when you want. Obviously, you get all the tax advantages of having it within an IRA vehicle. So we've had clients this year that have sold some of their gold and they've transitioned into silver. And that's a tax-free event. So that's how they've been able to take a deal. advantage of it being in a tax-free vehicle. So it's something that we offer. We also sell metals directly to clients and ship it or we store it, but the IRA has become very popular over the last few years. I want to ask you, it says that there are two classic conditions
Starting point is 00:26:02 historically that increase the price of gold. One is a weak dollar and another is falling interest rates. So why would interest rate cuts, which seem to be probable, why would that be good for gold? Yeah, the top analysis or analysts out there think we have about an 80% chance in September that we're going to have a rate cut. And I believe that to be true also. I've looked at all the different studies. Also, the last Fed report, Powell sort of went away from talking about the interest rates and what's going to start talking about the employment. And so I think, They're setting it up for them to lower rates to hopefully help employment. And the reason thinking is if rates go lower, it allows for more job growth.
Starting point is 00:26:48 So I believe that September will see it. The reason that does is a few things. One is you're opening up the money supply. That's one of the reasons that people believe it will help gold. The other reason is that a lot of investors will just lose the ability to have all their cash in the banks. There's been a lot of money in the banks. And it's a cash trap, right? If the banks are paying 4%, what are the banks really making on their money?
Starting point is 00:27:12 How are they profiting? They can't just pay you four and not profit. So I think there's a cash trap with a lot of people, and they have a lot in cash. And I think when they drop rates, the 4% days in the bank will drop. And then I think over the next 16 to 18 months, I think we'll see it go back to the low twos. And then the question is, is like, how do you make up enough money to keep up with the cost of living? and I don't think anyone is willing to take that chance at a two or two and a half percent return. You said earlier that last year gold was around $1,900, and it's now at $2,400?
Starting point is 00:27:46 That is very dramatic. I'm surprised to hear that's a huge jump. What accounts for that? Well, it's interesting. You think it'd be the retail market, like funds, but the fund market, the hedge funds and those haven't really jumped in yet. A lot of the buying has been from central banks. It's been a heavy buy year for central banks. China came out with a very coy statement that they are slowing down their buying.
Starting point is 00:28:10 But interestingly enough, they did the same thing in the early 2000s. They said they slowed down buying. And then in 2009, they said their reserves went up by 65%. So actually, they were buying the whole time. But, you know, China is not so deliberate or willing to give out information. So a lot of it has to do with central bank demand. I also think it just comes down to the cost of pulling gold and silver out of the ground has gotten more expensive.
Starting point is 00:28:33 So I think it's been a reaction of that. But yes, you're right. Like your typical bull run and gold would be tied into, you know, lower cheap money, you know, Black Swan. We did have a, we've had a few things happen. We haven't seen your typical events to push gold up. But I think people realize that it's a price that's desirable. I'm telling people the website is noblegoldinvestments.com.
Starting point is 00:28:59 Now, if people go there, you talked a little bit earlier, about personal attention, those of people are looking for guidance with the finances. So talk a little bit about Noble Gold investments, how you do that. So we're a U.S.-based company, and we actually have live people. You're not going to talk to a bot or AI. You're going to get a representative, and they also have a person that's working with them. So Noble Gold sort of trended in the opposite direction of a lot of businesses where they've gone so digital and AI-driven. We have people, which I think people like. So you get a person to talk to. We have gold investment guides, silver investment guides. The most recent thing that we've come up with and worked on is our Kevin Sorbo
Starting point is 00:29:39 Masterclass, which is less than an hour. It's video, and that's totally for free. And it's for people that want to learn in a video format. So it talks about, because Kevin has been buying gold since the early 80s, which I found out over the last few years. So we've combined and put a master class together. So we have a lot of free information. So our goal is to educate people on precious metals, get them a lot of good information, and then, you know, have a relationship with them over many years. Well, I love that. And I just, we're going to go in a second here, but I was going to say this stuff is so beautiful. Is this a silver? I mean, is this silver? That's silver. Yeah, that's a five-ounce silver, America, the Beautiful coin. Now, what is that worth? That's about $180.
Starting point is 00:30:26 I can afford this. Okay, I can afford this. I know you're going to not let me keep any of this stuff. Now, you sure you don't want to, like, let me hold on to this for just a couple of months. A couple of months. I think we're at a time. I think we're going to conclude you will let me keep this. Yes, absolutely.
Starting point is 00:30:42 And you'll let me keep this. Yes, and actually the silver Trump rounds and this flag bar. Okay. That's exciting. Listen, Colin Plum, really nice to meet you. Thanks for coming by. Folks, go to noble goldinvestments.com. That's Noble Gold.
Starting point is 00:30:56 Investments.com. Hey there, folks. It's my privilege to bring on Kurt Kouchman. He's a senior fellow in fiscal policy with our friends at Americans for Prosperity. Kurt Kouchman, welcome. Well, thank you, Eric. It's great to be here today. Well, it's great to have you.
Starting point is 00:31:27 Americans for prosperity, you know, you do a lot of stuff, but you're the senior fellow in fiscal policy. Okay, that's money. Talk to us. Clearly, the economy is not doing well. Clearly, the Biden-Harris administration and agenda is a nightmare. At least it's clear to me, but put some meat on those bones. Tell us, you know, help us figure out why these things are. Yeah, absolutely. And Americans for Prosperity, for listeners who aren't familiar with us, or a nationwide grassroots organization, the premier grassroots organization on the right. We have a presence in every one of the states.
Starting point is 00:32:08 We have a lot of capabilities, and we are working to change federal state and local policies to advance freedom, prosperity, and peace. So this administration is a disaster for the economy. They spent and borrowed way more than they should have. That's what gave us the inflation that we're suffering under. And they also have laid a heavy regulatory burden across the economy. across a lot of different sectors, especially the energy sector, but they've also been heavy-handed with respect to labor freedom,
Starting point is 00:32:40 workers who want to do something a little different from what D.C. thinks is the right way to do things. They haven't been great on housing policy. I mean, housing is so constrained. That's mostly a state and local issue, but the administration is tightening the screws on some of that. And there's just a lot that needs to be done to get government out of the way
Starting point is 00:32:59 so that people can make their own decisions, make their own contracts and live the kind of life with the kind of choices that they want to have. And this administration has really gotten in the way of a lot of that. And those other mismanagement we could talk about. I'm not your foreign policy guy, but we could look at some things there as well. Well, many people who listen to this program know that it's been a nightmare on every level. What fascinates me is how many people are kind of drifting along as American citizens who are not aware. And it's one of the reasons that I say to people who listen to this program, you need to be activists.
Starting point is 00:33:35 You need to be out there. You better vote. You better push hard because there are tons of people that are buying the mainstream media's blather and oftentimes lies and propaganda. They really don't have any idea of what's being foisted on them. And it's one of the reasons that we want to partner with Americans for prosperity because you guys are trying to get this information. out there. But respond to the claim, for example, the Democrats talk about corporate greed. This is unbelievable. They say this is the reason for inflation. What does that come from? Like, I just love the fact that they come up with that idea so you can blame, oh, it's corporate greed. Yeah.
Starting point is 00:34:18 Yeah, I mean, that's kind of their whipping boy anytime that there's some problem in the economy, oh, it's the corporations, but it's a ridiculous claim. It's one of these things that keeps coming back, but it's a fringe theory. It's kind of amazing to see so many Democrats embracing it right now. The real reason we have inflation is because the money supply expanded way faster than the actual production of goods and services in the economy. And the difference between those two things, that's what gave us the inflation that was driven through the Federal Reserve, but by Congress's overspending and overborrowing problem. So Democrats have been pretty uniformly behind all the legislation.
Starting point is 00:34:57 that Oprah spent and forced the Treasury to overborrow. So they are casting about for any kind of scapego to try to take some of the blame off of them. So they, Senator Casey, I'm from Pennsylvania. And so Senator Casey from Pennsylvania is the leading proponent of this greedflation theory, the claim that corporate profits have been driving inflation. But corporate profits have been stable, more or less, as a share of the economy, right? About 10% of the economy. They did bump up a little bit during the pandemic,
Starting point is 00:35:27 when Washington, D.C. was just dumping money onto the economy and doing a lot of regulatory things as well. So it's not surprising that corporate profits bumped up a little bit then, but so did my checking account and your checking account and everybody is. And the question is why is corporate profits a problem? In other words, it's money that's going to be spent, that's going to go into the economy. I mean, to me, what it sounds like is they're basically pushing big government socialism. That's basically what's behind all this. So any time you can demonize people making money, you do that. And so you're kind of creating this narrative, which is, I mean, first of all, it's a lie,
Starting point is 00:36:05 but it also, it is, it makes people feel like, oh, yeah, I know who to blame. It's those rich people. It's the people making money. Right. Which is completely wrong. I guess I want to talk about also the vice president Harris and the Democratic Party support Biden, Bidonomics, and it was their policy, and they called inflation transitory. I mean, again, just a crazy lie designed to make people think, oh, it's not so bad.
Starting point is 00:36:40 It's just you, right? It's just, but it really is bad. Oh, for sure. And by the way, Bidonomics is the term that they tried as a trial balloon, and it didn't really work, but they didn't care enough to buy the domain name, so we did. So we have Bidenomics.com and we're telling people all about the failures of the Joe Biden policies with support from his congressional allies. And I mean, you mentioned Vice President Harris. She was the deciding vote for the American Rescue Plan Act that was effectively the cause of inflation.
Starting point is 00:37:13 It kicked it off. I mean, there was a lot of pressure already building, but that was the thing that made the Federal Reserve lose control. And then she also was a deciding vote on the so-called inflation reduction act passed at the end of, last Congress that was really just a green energy boondoggle, all these credits and other subsidies to green energy through the tax code. And it actually created a tradable mechanism so that even if you don't produce any energy, it's basically cap and trade, but through a subsidy mechanism rather than a capping mechanism. So they were able to get that in place. And it's not good. It's really diverting resources from where they would productively serve the American people
Starting point is 00:37:52 and putting them into the hands of Wall Street folks and all this green energy stuff that isn't sustainable economically without massive subsidies from taxpayers. I mean, they spent so much money, our money, taxpayer money. They just dumped it out there on their pet causes. And I think, I guess, you know, trying to give them a benefit of that. They thought it would work maybe, but of course it's made things worse and worse and worse So I'll have to leave it there.
Starting point is 00:38:24 But folks, if you just heard my guest, Kurt Kouchman, with Americans for Prosperity, just said, if you go to Bidenomics.com, AFP, they own that. And it's all facts. If you want facts to show your neighbors, go to Bidenomics.com. It's too good to be believed.
Starting point is 00:38:42 Check it out. Bidenomics.com. Kurt Kouchman, thank you. So great to be with you, Eric. Thank you very much. Hey there, folks. Before we let you go, shut the doors. Yeah, shut the door.
Starting point is 00:39:15 No, before we let you go, I want to ask you a question. The question is, have you given to food for the poor? You know that this is that time of the year. When we make an appeal, we ask you to help people. These are the poorest of the poor. The poorest of the poor. People in this world who literally cannot afford food, they can't feed their kids. they do not have access to clean drinking water.
Starting point is 00:39:41 Think about that. Think about kids, girls usually walking for hours to get water, which is not clean. The whole story is like almost unbelievable. So food for the poor meets them where they are, but food for the poor can't do anything for them without your help. So please give generously, make a commitment to do this, go to Metaxus talk, You can see the banner right there. It says give life. Metaxistalks.com.
Starting point is 00:40:12 $100 will feed a kid for a year, for a year. This is how far they can stretch your money. It's a great investment. $100 will feed a kid for a year and give them access to clean drinking water. This is just huge stuff. So I'm asking you please go to metaxis talk.com. You'll see the banner right there. If you'd rather give monthly, if they'd rather give monthly, if they're not, you're
Starting point is 00:40:36 That's easier for you, but it's important that we give back, that we do what we can. If you prefer to text, you can text Eric, E-R-I-C to 5-1-55-5-5-5. Again, you can text Eric to 5-1-55-5-5-5. You may have a phone nearby. You could do it right now. Text Eric to 5-1-55-please give there. And if you've already given, you can pick up your friend's phone and also text on their phone. Yes, text on their phone.
Starting point is 00:41:04 Yeah. And before I go, let me remind you about our friends at the Herzog Foundation. This is one of these great things that there's so many people getting involved in homeschooling in Christ-centered K-12 education. If you are interested in figuring out, what do I do with my kids? What about my grandkids? What are they getting for school? Go to Herzog Foundation.com.
Starting point is 00:41:30 If your child came home from public school today and thinks they're a horse, Maybe look these guys out. Maybe they identify as a horse or as a kitty cat or as something other than what they actually are. Yes, maybe you might consider at that point Christ-centered K-12 education, might consider homeschooling. If you're considering any of those things, you need to check out the Herzog Foundation. HurtzogFoundation.com. HurtzogFoundation.com. These guys are heroes.
Starting point is 00:41:57 They want to help you do what you probably want to do. Herzog Foundation.com. And they've done a lot of work, so if you're just venturing into the decision-making process on how to educate your kids with this new alternative way to go, it makes it a lot easier.
Starting point is 00:42:14 HerzogFoundation.com, and don't forget our friends at Americans for Prosperity, they're America's largest grassroots organization. They're out there every day fighting for you. What's their goal? To reignite the American dream. That's all. To reignite the American dream, their priorities are
Starting point is 00:42:31 simple, secure the border, and inflation, make energy more affordable. And AFP gets results the old-fashioned way through grassroots activism. That involves us, folks. They bring like-minded conservatives together, turning them, turning us into a grassroots army, defeating the left's terrible big government agenda in the states and in Washington, D.C. That's where you come in with the media celebrities and universities stacked against us. It's the grassroots that will help us win. Please find an Americans for Prosperity chapter in your state.
Starting point is 00:43:03 Get in the fight. Go to Americans for Prosperity.org. And you can also find out more at SecureBorder, SecureAmerica.com. That's secure border, secure america.com. Do not forget to follow us on social media. You can find me at ericmetaxis.com. Ericmetaxis.com. Don't forget to support our sponsor, Mike Lindell.
Starting point is 00:43:25 Go to MyPill. Or MyPill. dot com please use the code eric please tell your friends to use the code eric god bless you

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