The Glenn Beck Program - Best of the Program | Guest: Carol Roth & Justin Haskins | 1/23/25
Episode Date: January 23, 2025What should Trump’s strategy be in defeating the drug cartels? Glenn and Stu discuss. Stargate will either be the greatest tech invention since electricity or the downfall of society. Former inves...tment banker Carol Roth joins to discuss the possibility of ending a federal law that harms small businesses. Learn more about your ad choices. Visit megaphone.fm/adchoices
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what would the impact
be if
Trump takes out
all of the cartels?
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What?
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Also, the president spoke at the World Economic Forum and Carol Roth is here to talk about the economy, all on today's podcast.
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Trump has decided to release the JFK assassination files immediately.
They're coming out sometime next week.
We'll see what has been held back.
In talking to Cash Patel, he said that he saw them,
and it's not who they're protecting, but what they're protecting.
He wouldn't give us any more details other than that.
He is one of the guys who saw it with President Trump when President Trump decided to hold back one more time.
We'll see if these come out.
I'm still waiting also for an explanation of the drones.
But that's kind of falling off the news.
And, you know, he has been a little busy, a little busy with a couple of other things.
The New York Times also busy.
I mean, I've heard some crazy things.
Stu, I just want to give you this.
And tell me how you get here.
New York Times.
Mexican drug cartels are responsible for the untimely deaths of hundreds of thousands of people over the past two decades.
When factoring in the fentanyl, they smuggle into the United States.
Cartels are also culpable for the deaths of over 200 Americans every day.
They deal with murder and addiction, mass kidnappings, rape, torture,
political intimidation, yada y'a.
But the New York Times has a concern about the economic impact of Trump's plan to identify and hold the cartels responsible.
No, no.
Now, I'm trying to think about the positive impact the New York Times might have found with the cartels.
I mean, job creators.
Yes.
Yes.
Absolutely.
You got that.
They're kind of, kind of in the medical business, kind of.
I mean.
The medical, okay.
Well, they're kind of pharmaceutical companies.
Yeah, okay.
Sure, sure.
I mean, you could treat certain ailments with their products.
They're into the entertainment business.
Yes.
Adult entertainment.
Or child entertainment, you know, for adults.
How you want to be entertained.
Sure.
Sure.
I mean, would we get any good movies or movies?
music if there were no drugs in this country?
Probably not.
You know, that's going to be, that's, that's, Hollywood is in trouble.
Are they trying to say basically these cartels are, you know, used as coyotes, essentially.
And the people who are coming in for free cheap labor, a free or cheap labor,
won't be coming in anymore.
That hurts our economy.
I mean, again, I don't think that's a good argument, but is that what they're trying to get to?
So what they're saying is, is that this is going to be hard on the banks.
It's going to be hard on the banks.
Why would the cartels going away be hard on banks?
Well, because the banks are going to be responsible for knowing if your, you know,
if your client is a, you know, part of a drug cartel.
And, you know.
Okay.
So what additional, I mean, is this going to cause additional layers of paperwork for everybody,
essentially?
I don't know, I guess.
And not just cartels, but like, you know, are your friendly neighborhood drug dealer?
You know, I.
I think.
I mean, if you're in that business, you probably aren't using a bank.
You know what I mean?
Now, if you're a cartel, you want to use the banks.
But, I mean, if you're coming in, you know, every year with, you know,
$1.5 billion or, you know, even have holdings of a trillion dollars,
you know, I might want to ask, how are you doing that?
I'm in the import-export business.
I'd like a little bit more.
Like a little bit more.
You know, you also put down here, you're in the entertainment industry and pharmaceuticals,
but I haven't seen anything on the shelves from you.
Now, Elizabeth Warren has reliably told me that criminals only use cryptocurrency.
So maybe that.
Why would they need the banks?
Yeah, why would they?
Why would it affect the banks in any way?
I don't know.
I don't know.
I don't know.
But, you know, I just, you know, as I said yesterday,
If I were an entrepreneur and I were in Mexico, I might start coffins.com, you know, because I think there's going to be a run on coffins.
And, you know, as long as Gavin Newsom isn't there, he's not going to put any, well, there's a coffin shortage.
So, you know, let's not raise the price of coffins. He's not going to do that.
You can price on demand, I'm guessing, in Mexico.
So when there's a rush for coffins, because, I don't know, our special forces have.
killed all of the people in the drug cartels, you can make some money.
What's your impression on what Trump actually does here?
We talked a little bit about this yesterday, but like what's the, what's the specific plan?
I know you don't, you know, I'm, you're not going to reveal anything, but like,
because I don't.
I, I, I, uh, you have thoughts and impressions, let's say.
Ah.
So thoughts and impressions.
Thoughts and when you talk, when, when basing this completely on your thoughts and
impressions.
Yes.
And not anything else.
What, what would Trump, what, what would be the approach here?
to take out the cartels in Mexico?
He would assign people to make a list of who those terrorists are.
Will they be checking it twice?
They'll check it twice.
Okay.
Will they find out who's not a year-in-ice?
Yeah, that's what they're looking for right now.
And then they'll give it to the president.
And they'll say, here's the case against these guys and this cartel and many other
cartels.
And the president will say, what do you recommend?
And they'll say we go in at night with our, you know, night vision and we kill them all.
And he says, okay.
And so then we go in at night and we kill them all.
And in the morning, everybody wakes up surprised because they're dead.
He was going to say, do they wake up?
Coffins.com.
Okay.
And just leaves like a rotating, just a repeating ad on the television for Coffins.com.
com.
Are you a member of the cartel?
You might consider becoming a franchisee owner of goffins.com.
Yeah, I think that's what he's going to do.
He's not going to play around.
You are going to see death and destruction of these cartels.
And, you know, I don't, I'd be shocked to find out if that was our special forces doing that.
Gosh, darn it.
Yeah, that would be a shocking thing.
So it's essentially an undercover plan where you're sending in undercover people.
I'm not sure how he's going to do it if it's going to be undercover or if it will be on, you know, it might be like survivor.
Except it's a real kind of situation.
This week on Survivor.
Who's going to survive in this cartel?
Do you have the maybe, do you have some sort of arrangement with the Mexican government on this?
Like do you say to them, look, we're coming in.
Do you like it or not?
He already did.
He already said that.
He already said that.
But, I mean, there's a certain level of Donald Trump saying things in a negotiation.
I don't think there.
You know, like yesterday at the W.E.F, they asked the president of Panama.
You know, are you worried about the president just taking the Panama Canal?
And he said, get serious.
Yeah.
Get serious.
Please get serious.
I don't know.
I think Donald Trump might be serious about that one.
Not about Greenland.
He's never said he's going to just go take Greenland or Mexico or Canada, even though the Canada one would be easy.
He's not going to, he's not doing that.
But he is very clear.
I am going to kill the cartels because they're terrorist operations and they're operating here in the United States and causing a lot of pain and suffering.
And so I'm going to kill them all.
I mean, he's designated them terrorist groups, right?
We know what has happened with, you know, al-Qaeda or whatever when he designated a terrorist group.
gives us what we consider and other countries don't consider the legal authority to go in and do these types of things.
Because Mexico no longer has the legal authority to do anything because they're run by the cartels.
So you're going to see a lot of feigned outrage at the beginning until he gets rid of these cartels.
And then they're going to go, thank you.
And that's what I wonder, because we've had this relationship with certain other countries where we've gone to them and said, hey, we're doing this, whether you like it or not.
and they
some of them are angry and outrage
but a lot of them are like
oh no you shouldn't
okay just if you need to know where they are
let me know right like they would love to get rid of this problem
I think and it's
depending on who you're talking about
in the Mexican government yeah
you like to get rid of this because they're challenging
your power the people will be very
happy if it have yeah
people in Mexico will be very very happy
right and so it's not going to be real
unpopular in Mexico
with the average
everyday people. But what would be unpopular, right? Like, let's just say we had a problem with,
you know, I don't know, cartels in our country. And the Mexican government was upset with
the reverse situation happening. They're crossing the border. They're doing all these terrible
things. They sent in their special forces into our country without our approval. We would,
we're a sovereign nation, right? We would be upset about that. Now, we're the big boys on the,
on the street. So we don't have to care necessarily about that, but let's, let's actually flip that.
Okay. Let's say we were in the situation, the Mexico's
where we try to vote mayors in.
We try to vote governors in,
and they're just slaughtered in the streets
because they say,
I'm taking on the cartels.
And they slaughter everyone in government
that is even whispering about that.
So we've tried to vote them out.
And we as people know that our government
is now in bed with the cartels,
and it's getting worse and worse and worse.
And Mexico says,
you know what enough of these cartels
they are hurting our people
and so we're going to come across
the border and we're going to take care of them because
you won't
would you really be upset my gosh
they're violating our borders
I would be all for it quietly
right that's that's the part
I think is interesting I think if I were
the president of United States and in this
situation and the president of Mexico says we've got these
great special forces we're coming in and taking them out whether you like
it or not I think that's what I would
say I would say well because I
think as a country, you can't just give your nation to the other nation, right? Like,
Mexico, like, if we have the authority to cross the border and they just are like, yeah,
please, please, any time you can come over and police in our country, please do so, then they're
not a sovereign nation. However, we're not policing. Right. Well, kind of we are. I mean,
no, not really. This is a very aggressive. This is an international terrorist group. Right.
That is, right. That is. It's still a form of law enforcement. I mean, we are.
It is.
But you would maybe say, well, we would never allow that, but you'd want it to occur.
Yes.
And you'd encourage it and you'd assist in any way possible.
I'm curious if Mexico would do that.
You would take note of everyone in the federal government and your local government who opposed it.
Who opposed it strongly and meant it.
You would be like, okay, they're part of it.
I got it.
Right.
And you'd probably be right.
Yeah.
So I hope that's what Mexico does.
I just don't know, especially this new, this woman who's a child.
trying to get into like little, you know, peeing contests with Donald Trump over these types of things.
I don't think that's a good approach.
No, this isn't a little peeing thing.
I'm saying that's what she's doing.
She's publicly coming out.
Oh, yeah?
Well, if you're going to rename the Gulf of America, we're going to look at this region.
This is actually ours or whatever she's trying to pull.
We're going to stop sending you sombreros.
Okay, whatever.
There was the sombrero threat.
I don't know.
I don't know if that's really that.
But, I mean, like, that was what she was doing.
Essentially, she was acting like a guest on the view.
view. Right? Like, oh, yeah, well, I'm a strong woman and look at me. I'm going to rename your
place. Stop it. Like that nonsense. If that's what she decides to be, she probably won't do it this
way. She'll probably complain about it. And that's going to be. And if she is corrupt and in bed with the
cartels, the people of Mexico will decide that after all of the pressure is off because we've killed
the cartels. I hope that. I just think there is, I mean, they're going to try to call.
problems in here but I have to tell you you have no idea what you're up against with
the United States military our special forces you have no idea oh these are highly
trained are they mm-hmm no no I'm gonna put my money on the US special forces
that's what I'm gonna do and I don't think they're gonna win in that fight and
let me ask you this related question we've complained a lot about you know DEI in
the military that the military's gone soft that we're you know we've had all these
problems. Pete Heggseth wrote a book about it. He's the central part of why he's going into this
role. Are we too far gone? Is it possible that we don't have enough of the, of what we need in the
military to accomplish these tasks anymore? For Mexico? No. We're okay. For multiple funds,
fronts? Yes. For our special forces, our teams to go in in the dead of night and kill all these people?
No.
That's not beyond our reach.
We're still prepared for that.
Oh, yeah.
Yeah.
Good to hear.
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All right, can we pull up just real quickly?
The president is addressing the World Economic Forum at Davos.
And even throughout the world, food prices and the price of almost every other thing.
We're going to talk about that.
We have a couple of producers watching this for us.
They're going to give us an update on this as we go.
And we'll go back and go over his speech.
This should be hopefully a very strong speech on.
America is America, and we're not playing your game anymore.
But let's see.
Carol Roth is joining us now.
What do you expect the president to say in this, Carol?
I mean, I've got a hope.
I hope he says, you know, we're going to defund ourselves from you.
We're not going to support you anymore.
We're not going to give you money.
And, you know, we're sick of NGOs sticking our nose in their business,
kind of like he did with the World Health Organization,
which I was really excited about.
So I'll be listening for that.
I'm not sure if that'll happen this.
time around, but that would be best case scenario for me. Do you think he knows who the World Economic
Forum really is? I've got to imagine with the people who are in his circle, the same people who are
advising him on WHO, on DEI, on ESG, that I can't imagine how the World Economic Forum doesn't
enter into that conversation with that group of people. So, you know, I would be surprised, but then again,
And many things have surprised me over time, and I'm not a betting woman.
So tell me what you see the president doing this week that you think signals really good things or bad things.
Well, I think just the general tenor of having problem solvers in the White House and on his team instead of people who are intentionally trying to create problems.
It's a huge, you know, what a concept.
What a concept.
with one of these executive orders
or putting something out there,
it's in an attempt to solve an actual real problem
that is going to make America better
instead of trying to create problems
that is making America worse.
And so that is a very refreshing change.
Certainly there are many things to attack
and we all have our wish lists of how that comes down.
And certainly some of these things come in partnership
with Congress.
So the number one thing you know on my agenda
is to try to get this corporate transparency
Act repealed. So it would be really great to hear him say that that's jettisoned, but I'm not sure if
that's coming quite yet. Well, that's, that is being introduced by Rand Paul and somebody else in Congress.
They're trying to get that to go through Congress, which is good, right? Okay. So let me give you the
update on that. So actually, so just to give people context, this is what Glenn and I have
been talking about for almost a year. It's a rule that is basically coming from the financial
Crimes Enforcement Network Division of Treasury authorized by Congress, unfortunately, that says that
small business entities. So if you have an LLC or an S Corp or C Corporation have to register with the
financial crimes division of Treasury. And oh, by the way, we're going to exempt big businesses
and we're going to exempt financial services companies. But we really want to, we really want to
prevent money laundering and cartels. So we're going after you small businesses. And the biggest challenge,
not only is that government overreach, but the fines are egregious.
You could face jail time or daily fines up to almost $600 a day.
Hang on just a second.
When was this supposed to go in effect?
Because I haven't filed anything nor am I going to.
Yes.
Okay.
So there is an injunction in place.
So originally the original deadline was the 31st of December.
Right.
Then we got this.
There are many lawsuits in place, but the one we're focused on is the one from the
NFIB and CIR and some other folks.
And that one got a nationwide injunction put in place saying that the Treasury could
not enforce this and they couldn't enforce penalties. Well, then that was overturned, and then that was
overturned again, or stayed, as they call it. So right now where we stand is that the government
has appealed the injunction, this nationwide injunction that says that you do not have to file
right now. They've appealed just that piece to the Supreme Court. So if the Supreme Court does not
overturn that injunction or stay the injunction as they call it, then this goes to the courts at the
end of March. So we have a few different paths here. We have the courts. We have the Trump administration
that could jettison it. And then as you mentioned, we have Congress. We have some wonderful members of
Congress who actually introduced repeal bills last year and have now reintroduced them. So in the
House that is Representative Warren Davidson of Ohio. And in the Senate, it is Tommy Tuberville.
And we have gotten lots of co-sponsors. So I heard this morning in the House, we have
We have 79 co-sponsors.
It's called the Repealing Big Brother Overreach Act.
And then as you mentioned, on the Senate side, you have really big names like Rand Paul, who are now co-sponsored.
So this is getting momentum.
We're getting more members of Congress to understand how devastating this is for small business.
So it's the repealing Big Brother Overreach Act perfectly named this time around.
And what we need is we need everybody to call their representatives, call your senators,
and tell them that they're not already one of the co-sponsors, they need to jump on.
Because that is just the surest way of Congress is to repeal that then this is done.
We don't have to worry about the Trump administration.
We don't have to worry about anything else.
And I will have to say I personally sent an email to Scott Besson and a treasury.
Where does he stand on that?
So it's interesting.
So I don't, I've only met him, I think, once or twice in the media.
So I don't really know him personally.
But I sent a message there anyway.
He is a big Main Street supporter.
He did a great presentation at the Manhattan Institute over the summer where he talked about this big tense that the Republicans are creating and how crucial it is for small businesses to participate.
And he has echoed that language.
We heard that from him again in his testimony, how important small business is.
So the fact that he understands that Main Street needs to be leading this growth forward, I think, is really huge.
Let's hope that that means that he understands how this kind of regulation.
because he's also a deregulation guy.
Let's hope that he understands that this is important.
But again, he hasn't been confirmed yet.
He's not in place.
So we're trying to work all these different angles.
Right.
And I have to tell you, I like that we are using the system and not necessarily running this through an executive order, which could just be next president can come in.
The best thing that could happen is it goes through Congress and they repeal it because then they have to relaunch it again the next time, not just undo an executive order.
True, but at the same time, Treasury does fall under the executive branch, and Treasury is the one that's putting this out.
So if Treasury says we're going to jettison it, yes, we could get it back again, but it would be a good step that I think would give Congress a lot of comfort in terms of going through with the repeal.
Okay, so let's talk a little bit about China.
China is, I mean, it appeared last week, and I said, I don't know if I said this on the air, but I said, what happened to
China, I think it was last week when they really hit some real trouble in the overnight markets
and it looks like their banks were collapsing, et cetera, et cetera. It looked to me like Bear Stearns,
that this was the big, this was the warning sign that things are really dicey in China. Am I overreacting
to that? So it's interesting. I think there are two camps here and the camp that you're talking about
is certainly the one that we're hearing more about.
A lot of people saying, oh, China's going to break,
and they're going to, they're going down,
they're in this deflationary spiral.
Right.
Isn't that great?
Of course, me being the nerd that I am, Glenn,
you spent a lot of time reading economic research,
and there is this contrarian view
that there are some metrics that are happening
that don't really add up.
And the fact that China may have more runway than us
actually says that this may be worse for us
than China. So let me just give you a thought experiment for a second. So China is in this crazy,
you know, supposed spiral. Everything's about to break. Where would the flight to safety in your
estimation be if that were really the case? If China were about to break? Yeah, where's the flight to
safety globally? It would be the United States. Right. U.S. Treasury markets, right? That would be
the safe bet. And historically, you know, the last 10 years when there's some kind of issue,
with the yuan, you would see that kind of showing up in the Treasury market in a very correlated way.
But the exact opposite is happening.
We're not getting our yields down.
But when there's more interest in the Treasury market, right, there's more demand for the bonds and the bonds and the yields trade in opposite directions,
you would see our yields coming down.
Now, the Fed has cut rates in the 10-year yield, what's been happening?
It's been going up.
So if China were in so much trouble, wouldn't everybody be flogging?
to the U.S. market and wouldn't our yields be going in the opposite direction?
Why do you suppose they're not? What information does somebody have?
Yeah, that's a signpost that says, well, maybe it's actually worse for us that this is happening,
and there's a bigger issue at play than for China. Another one of these signposts, same kind of
thing, that with China potentially in this really bad situation, and maybe you've got tariffs coming
down the line, all these things, you would typically think that they would be
raising a lot of dollars and to do that they might be selling their gold. Well, what has China been
doing? They've been stock piling goals. They've been doing the opposite. They've been taking it in.
So we're getting these decoupling of macroeconomic rules that have been in place. And one of the
the feces out there, and I'll tell you, I'm not a China expert, but from an econ standpoint,
I'm listening to all the different takes to see what makes sense. We do not have a lot of runway.
sure we'll get into that in a little bit. And China has more runway. So if things go a little sideways
there, they have more options to fix it, or maybe by them going sideways, that has a reverberation
that actually sends us and the entire, you know, Western part of the world into a debt spiral.
So the question is really who's in a worst situation here. And so I think that, you know,
The obvious answer is, oh, no, what's going to happen directly with China.
And I think the more important thing is what's going to happen with us as a result of what's going on with China.
Okay.
So is China now in the situation where we used to be, they used to say, if America catches a cold, the rest of the world has pneumonia.
Are we kind of in that situation with China yet?
So I think it's in a different scenario.
So I think that from us, it was from a hegemony standpoint that we were kind of the anchor of the global financial system.
And so if we caught a cold, everybody else got a little bit of the sneeze that was sprinkled on them.
Here I think it's more sinister.
Here I think it's about what is China doing and perhaps Russia and some of these other countries doing,
knowing that it potentially could put pressure on the Western world to create these debt spot.
to create these massive issues, you know, and to create obviously a lack of confidence in our
currency, which again, going back to what I was pointing about, about the safe haven of the bond
market, that that's no longer the safe haven. It does sort of raise, you know, somebody's eyebrow
to say, why is that happening? And it seems like China, who plays the long game, may be doing
it intentionally. So I think, you know, we may be catching a cold more in the Wuhan way than
in the traditional U.S.
You're listening to the best of the Glenn Beck podcast.
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If you have been following this show, I have talked about things for 30 years.
And it is a little terrifying to talk to you about things that were all theory that I saw coming
and most people denied that it could even happen.
And some people are still denying that it's going to happen.
But I told you it would happen by 2030, and we are at the doorstep.
And so it is very important that you understand this.
We are at a place right now that could be remembered as the catastrophic moment for humanity.
This week is going to be remembered.
And for one event, and not Donald Trump's inauguration.
It's going to be remembered for one event.
And that event is either going to be the largest catastrophe in humanity,
the last chance we had to stop it, or the greatest thing that has happened to mankind
since we learned to harness electricity.
I honestly, and no one will be able to tell you.
you which it's going to be. We will only know after it happens. What I do know is that we are at an
inflection point with technology and we as humans are in tremendous danger. They announced this
week the beginning of Stargate. It happened on Tuesday. Stargate is a brand new company
that's goal is to build out massive AI infrastructure.
Now, I want to put this into perspective.
You know when they said the planet will be destroyed
and humans will not be able to live within 50 years or 100 years
because everything's going to be destroyed by global warming.
And we said, well, if you believe that,
you should put nuclear power back on the table.
We should be building the cleanest energy
that is possible.
And they said, well, no, we've got to build new cars.
And now you know the fact that we don't have the infrastructure for electric cars.
Our power grid cannot handle electric cars, at least in any real amount, 30% of the countries
on electric cars, the power grid won't hold.
You know this because California, when it was having its rolling brown,
downouts and blackouts, what was the first thing they said? Do not plug in your electric car.
But nobody was talking about building nuclear power plants. Nobody was talking about changing the
infrastructure. Everybody was saying it was way too expensive. We can't change the infrastructure
of our power grid. But now that we are on the verge of AGI and ASI, something that people will
still deny is close, I'm telling you by 2030,
It will be here, if not earlier.
Now that we are on that horizon and we see that this is possible, all the powers it be,
the same people that told us about global warming, the same companies that were trying
to get us to eat bugs, the same companies that have anti-human policies.
They were not about human expansion.
they were about the opposite, right?
Control in the guise of saving the planet.
Now that we are on this road for AGI or ASI,
suddenly we have to have nuclear power plants.
I think it's Microsoft that just bought Three Mile Island.
Wait, what?
I thought that was the most dangerous place on the planet.
Microsoft needs it for A-I.
Stargate is going to build massive infrastructure,
especially data centers and electricity generation.
You're going to see these anti-human people,
now building electricity generation systems and cloud systems
for AI to assist you?
You're going to start hearing a word if you haven't already.
You're not going to hear about AI as much as you're going to hear about agents.
They'll be called AI agents.
But this is the last generation right now.
This may be the last year that humans are not dealing with AI agents.
This era is over.
An AI agent is going to sound really great at first.
It's going to be able to make your travel plans.
It's going to be able to clean up your life.
You won't have to have a secretary.
Even people who are poor are going to live like they have a personal secretary at their disposal to take care of all of these things that they don't want to do.
It's going to be mighty tempting.
And AI agents, the first ones, will be introduced in 2025.
My feeling.
When you get to a GI artificial general intelligence and there is smart.
as you are, can do as many things that you can do and more and are flawless at it,
how are you going to say no?
Now, here's the thing.
The AI revolution that is desired by big tech cannot happen.
But it's going to.
I've been talking about this for 30 years.
and if you've listened to me, you remember me saying,
please, we have to have these conversations before it hits.
It's too late.
So we are out of good options.
You know, we just saw them shut down AI because they did a test.
If they tell AI to survive,
or if it interprets its mission as a critical function,
it will find the power and build electricity,
generation plants itself and drain our electricity in ways you will not spot until it's too late.
It can build server farms without anyone suspecting that it's AI or an AI agent behind it.
Now, President Trump is clearly very excited about this potential, as we all should be, we will cure
cancer by 2030.
That's quite a ballsy statement to make.
But I believe by 2030, we will cure.
cancer? Who's against that? How can you possibly say no to these things? And the dark side of
AI is it is the ultimate jailer. It will control your every move and every thought. Do you want
China doing that? As I said, we are at a place where it's too late to have these conversations
because somebody's going to get it and Donald Trump wants to make sure it's us.
and I think that's the best of the worst possibilities.
Now, he's excited about it as it pertains to economic development
because whoever wins this will control so much.
But it's principal investors, the principal investors in Stargate,
they have pledged $100 billion in initial funding
and $400 billion more over the next several years.
Side note, Elon Musk said they only have $10 billion.
This is not going to happen.
So is it going to happen or not?
I don't know.
But they are projecting the creation of 100,000 jobs or more.
That's a good thing.
But understand those jobs are just to build the infrastructure.
These are not long-term jobs.
Now, what's not getting a lot of attention that needs to
is that the major players behind this project are not trustworthy.
Do you remember when I was,
at Amfest this year.
And I started talking about
we've got to know who is involved
with this administration because there are going to be
chameleons that come in. I said this.
So we have to look for the light
that is between us.
We have to know who the good guys are, who the bad guys are.
Who's actually on the team?
And now that we have all of this
popularity. Suddenly Donald Trump is cool with everyone. We have to make sure those who wear masks
are not coming in and claiming to be part of this team and they have no intention of being on the
team. Well, that's who you have now in this launch of Stargate. I want to go over this
quickly and then I'm going to bring Justin Haskins in who can clear some of this up. But
Open AI, SoftBank, and Oracle, led by Larry Ellison are three of the major figures that come up in the news reports.
But there is another major financier. It's MGX. Now, this is an extreme wealth tech investment firm based in the UAE.
The UAE government created MGX last year to be a leader in AI investment. The UAE government is
closely aligned with the World Economic Forum, and it has been for a long time. It co-created
the great narrative effort in the WEF. That's one of the primary subjects in our book, Dark Future.
If you have not read Dark Future, you must go back and look at it. They are highly supportive of
designing AI and other emerging technologies with ESG in mind. They are no friend to individual
liberty, at least any way that Americans would understand liberty.
The UAE are also the same people who have said at the great narrative event that humanity needs
a new great narrative because, and I'm quoting, soon our digital world will be as important
as the physical world.
End quote.
They also said we're entering a, quote, new era of human evolution, end quote, and quote, and
quote, a second wave of human evolution.
All of this is in dark future.
Their involvement from the UAE in Stargate should be deeply troubling.
But what's made more disturbing is the fact that MGX is also a player in what I think is another
$100 billion AI infrastructure effort that was launched in late 2024.
It may be rolled into this one.
I'm not sure.
But that project involves Black Rock, not good people, global infrastructure partners,
which has been taken over by Black Rock, not good, Microsoft, not good, and the UAE, also not good.
Now, Microsoft and BlackRock also heavily evolved in the Great Reset Movement, worked closely
with the WEF over the last years, and Larry Ellison, the man behind Oracle, is one of
of the central figures behind Stargate.
He's on record gleefully predicting that AI will soon create the world's most sophisticated
surveillance system.
Discussing the surveillance system, Ellison said, and I quote, citizens will have to be
on their best behavior.
End quote.
I want you to know there is another completely separate movement.
that is happening that I believe is the antidote of this.
You are not going to stop this,
but you need to know what's going on.
You must understand what's coming
so you can be on the other side of this.
There's something else here now, something new.
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