The Prepper Broadcasting Network - Patriot Power Hour #260

Episode Date: May 1, 2024

Each week on Patriot Power Hour, Ben ‘The Breaker of Banksters’ and Future Dan explore the latest Liberty, Security, Economic & Natural news, providing the situational awareness needed to execute your preparedness plans. Questions, Feedback, News Tips, or want to be a Guest? Reach out!Ben “The Breaker of Banksters” @BanksterBreaker on Twitter; [e-mail] Future Dan@FutureDanger6 on Twitter

Not too long ago two friends of mine were talking to a Cuban refugee, a businessman who had escaped from Castro. And in the midst of his story, one of my friends turned to the other and said, we don't know how lucky we are. And the Cuban stopped and said, how lucky you are. I had some place to escape to. And in that sentence, he told us the entire story. If we lose freedom here, there's no

place to escape to. This is the last stand on earth. This is the last stand on earth. The last stand on earth. And I'm Eric. © BF-WATCH TV 2021 Thank you. You are now listening to the Patriot Power Hour. This live episode features the situational awareness you need to practice self-reliance and independence. Introducing your hosts, Ben, the Breaker of Banksters, and Future Dan, the editor of FutureDanger.com. We are live, Patriot Power Hour, May 1st, 2024. Ben, the Breaker of Banksters, here with Future Dan.

Yeah, man, and this is the Patriot Power Hour, so I want to give a shout-out tonight to patriots in this country standing up for good. Number one, UNC Chapel Hill, fraternities go out, surround the flag, prevent it from being ripped down and burned. They got a GoFundMe site. It actually is at 160 grand, and it's for having a massive party to celebrate the fact they're standing up for their flag. Number two, James O'Keefe exposing the CIA like never before. Absolute insubordination by the deep state against Trump and his previous presidency. We got patriots out there doing what needs to happen. We're not going to have just a show griping about how bad things are. We've got to have a shout out for ones that are standing up to it.

And if that happens enough, we can turn the tide. Collapse is not inevitable in my book, and those are good signs tonight. And James O'Keefe is breaking today. I think he just released it a couple hours ago. What can you tell us about that? hours ago. What can you tell us about that? They just same motive mode that all of a project Veritas was catch somebody undercover, just run in their mouth, put subtitles on it because they're kind of like usually in a public place,

just tricking these fools into just bragging about primes. He did it again. just bragging about primes. He did it again. I guess the question is, are these so-called spies that get caught with their pants down, half of them it's in some homosexual sting operation where they pick them up on a grinder, take them to breakfast, and they spill their guts.

I mean, it shows the hubris of the system, but gosh, it's almost like too easy. Is it because of the hubris or are they something else going on here? Like someone else trying to burn a certain section of the power structure, its own civil war going on, or is this just true patriot making this happen again? Maybe it is possible for him to actually do this again, and he's just kicking their ass so much. I don't know, but those guys up in Boston in the 1700s,

they'd run psyops against the British. So what if it isn't even real tonight? The important point is it's having an effect on perceptions, right? It's bringing down an institution that's been raging out of control, at least since Kennedy was shot. Well, nobody trusts much of nothing anymore. There's a few people that still go lockstep with the corporate media. But at a minimum,

I feel like most Americans just don't trust anybody, which kind of can be a problem in and of itself. But it's better than trusting the wrong people. Who do you trust out there right now, Future Dan? Well, I don't know. But the way i'm kind of looking at this is

there's still a lot of voters right baby boomer voters where you know thinking about how badly the corrupted the the government in was D.C. has gotten. I mean, they just come into realizations when this sort of thing comes out, right? And I think it's going to have an electoral effect one way or the other. Oh, it's going to have an effect. It's just, will Trump be in prison? I think if he's in prison, he'll win, actually. And then it'll get real interesting. So we got a long way until the election.

But on the other hand, just six months away. So not that long. It is May 1st, 2024. Let's get into some of those protests in college. We'll, of course, cover O'Keefe and a lot more as it comes out and as we do the news blitz. I was actually thinking this myself. What would I have done at college if I was between the ages of 18 and 22? Or even when I went back to grad school at like 24, 25. Still kind of young and stupid.

I think I would have ended up getting in a fight in that place. Like got drunk and then at night got in there and started talking shit to people. Tried to barricade the college. Barricade. They're not doing peaceful protests. And we know for a fact if this was MAGA or end the Fed type people, they never, ever, ever would let us

have a protest where we barricaded part of a college campus. So I'm not saying that violence is the right thing. What the frat did is great i you know need to stand up more like that as america i hope they don't end up beating the crap out of them or they're being stabbings or shootings or anything like that and i'm not even talking about with the police some sort of like kent state 2.0 that's even to the side

but on the other hand you know you got a bunch of Antifa protesters coming through trying to tear down the flag. Oh, man, I definitely think I would have gotten in a fight at that time. And I don't know. I don't know. Violence isn't the answer, but maybe sometimes it is if they're bringing it at you. You got to defend yourself, right? Defend your country. Yeah, I watched the video.

They didn't have to defend themselves, but they showed up in big numbers. And the protesters backed off. So, that's all it takes. For real. 80% of the protesters are very weak physically and mentally. But they're not. They can't actually fight. They'll try to act intimidating and stuff, but, you know,

that's why we, quote-unquote we, the Patriots, don't even need to start the fight because we can beat them in everything else. But if they did start the fight, the other side, first off, we would kind of fall into the trap of a gayly dialectic and fighting with each other. But, you know, I'll take a country boy versus some Columbia protester in a fight any day. And you get credit for using the word dialectic tonight. Perhaps you could expand on what exactly one of those is for those who might not know well there's different in the general sense it's uh

i think of it as a spectrum or a continuum but there's you think of two end points so you would have israel and palestine that's kind of the two end points of this where are you between that but really it becomes more and more polarizing so each side is brought more to the extreme ends and it's it's not just that that's the normal sociological evolution of humanity to kind of break into those groups which it is to some degree but it's also being manipulated by well the george soros non-profits of the world, the universities themselves enabling it, our culture just degrading and falling into that.

So that's probably not the Webster Dictionary definition, but that's how I interpret it. Of course, Hegel came up with the dialectic, said that this is kind of inevitable to political systems. So obviously, you know, that turned everybody on to, well, how do we manipulate them? But there is there's theses and there are counter theses. And over time, there's syntheses producing the dialectic. I always thought of that as fairly self-evident and sound political thought. Of course, what turns you off is the manipulation and the planning of it and hitting sides against each other purposely for their demise and your benefit.

That's the bad part, obviously. But I think the dialectic, from Hegel's point of view, it was always going on. And you're right, I am biased in the negative form of it because actually reading the true definition of dialectic, it's the art of investigating or

discussing the truth of opinions. So kind of discussing that spectrum. Maybe each end is not correct, but in the middle, sometimes it is, sometimes it's not. Sometimes there are absolute truths, in my opinion. But,

here's a good example. As I said, a dialectic with two seemingly conflicting things can actually be true at the same time or partially true. So where it seems like a conflict, but it can kind of both be true. And it's investigating of truth. So that's kind of the more general term. Kind of similar to rhetoric a little bit as well,

political group think and discussion, I guess. Well, I'll give you perhaps a more concrete example that I see in the world of the dialectic in my lifetime. Let's see or let's hear it. So in the 20th century, it's capitalism versus communism. What kind of capitalism do we have today, and how come it actually has adopted some of the planks of the communist manifesto, like complete state control of the credit system?

One could say that this is the 2020s. From the 1980s to the 2020s, a synthesis occurred based off of the thesis and the counter thesis that capitalism is the way society should organize. And obviously, Marxism was the counter thesis. a counter thesis I feel like China has taken parts of capitalism just certain parts and synthesized it into their own

machine whereas we have gone other directions so in a way our cultures are getting closer and closer from an economic point of view however the powers that be let's just call them the banksters for now, are shifting a lot of the real assets and productivity to China

because they know the Chinese people are already conquered, whereas the American people and even just North America, I think Europe's pretty much already conquered, but maybe Canada and America, U.S., or maybe only a few states in America. Depends on your perspective.

But they know that we're not going down without a fight, so they have to enable China a little bit more and kind of sell us out in the long run more to the lands they've already conquered, especially China, but other parts of the world too. And with that, we'll become more like China. China will become a twisted version of capitalism

with a communist party. It's definitely an odd time to be alive. Well, I'm focused on the next dialectic. If that synthesis of, call it what you will, the welfare, modern welfare, you know, high surveillance, high control, you know, minimize freedom synthesis, where property is still allowed to be owned, it's just highly manipulated. If that's a 21st century's thesis, I'm about what is the counter thesis to that. And 1776 sounds pretty good to me.

1776 and prepping and being self-reliant, all that put together, I think. And that's what this show and I think the whole network kind of represents right there. All the ideals of the American Revolution from the get-go, that needs to be the next counter-thesis. And let that be the dialectic for the rest of this century. Because what we don't need is a fake poser counter-thesis, right? fake poser kind of thesis, right? Just a light version of Chinese tyranny as a counter example of the

technocratic autocracy that's not full on Marxist-Leninism. And God forbid the kind of thesis to what we have now becomes Marxist-Leninism again, 21st century version i mean that's what unc chapel hill right patriots down there standing up against on those campuses tonight more efficient and more deadly in this century all right folks we're going to break stick with us coming back with the news blitz be right back. Are you prepared to be the family doctor in a disaster or emergency?

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Get the Prepper's Medical Handbook today at Amazon.com. Again, that's the Prepper's Medical Handbook by William W. Forty. A person who advocates and practices preparedness. One ready for any event that would disrupt their daily routine. That is a prepper. The pictures tell the story This life had many shades I'd wake up every morning And before I'd start each day

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In a rose tattoo. In a rose tattoo. I got your name written here in a rose tattoo. Time for the News Blitz Patriot Power Hour May 1st 2024 regulators seized troubled Philadelphia Bank called

Republic First FDIC billions potentially paid out. Somewhere between hundreds of millions and a few billion at least. To be determined. Fed came out today holding rates steady. Says it's unlikely that the next move will be a rate hike.

We'll get into this in great detail. Let's move on from economics. Iranian lawmakers suggest country is ready for nuke test. China threatens retaliation for Taiwan and the TikTok law. Inside China's breathtaking space army that can blast targets around the curve of the earth. American technology they've stolen over the years, of course. Violent clashes spread across the U.S. between Gaza protesters and riot police. We've talked about the border crisis quite a lot.

Probably need to talk about it more. But it's not just people from Mexico, Central America, South America. In fact, Chinese illegals spiked by 7,000%. 7,000%. That's an unbelievably high number. So the others are going up by 3, 4, 5, 6x. China's 60, 70, 80 times more crossing. I wonder why.

That's something to ask. Could be a lot of reasons. Could be a lot of reasons. On the health and nature side of things, somewhat quiet. There was a dam collapse in western Kenya that claimed 48 lives with another 49 missing. And there's a slow trickle of more and more research coming out about the ill effects of the covid vaccine but not much else in the news right now at least that would make our heat map threat indicators At least that would make our heat map threat indicators.

And let's go to the liberty column, the first column, last but not least, though. Supreme Justice warns of vicious cycle of malicious prosecutions that could end presidency. Judge says Second Amendment doesn't exist in her court. And the biggest news of the day, SHTF level, easily the most important news on the news blitz this week the feds pulled bank info on americans who bought bibles or had trump in their search history and all that war zone surveillance technology from the middle east and over in ukraine is coming, hitting American streets, being deployed. Heck, I bet some of it's even being deployed against the Gaza protesters. So it might be like, oh, great, let's use that against them.

Well, we'll be right next after that, let me tell you. So Future Dan, that's the news blitz. Relatively short but sweet. Yep. that let me tell you so future dan that's the news blitz uh relatively short but sweet yep so in one sense you can listen to patriot power hour and like use it to justify your preps but in another way then the heat map dashboard blitzkrieg kind of tells you where we're at relative to before with a view to what could come next. And we're entering May relatively calmer than many people expected, say, last year. So that's good. We've got to make it to this election without, you know, worse and worse violence. And that looks possible on these campuses, right?

Once the rioting kicked off in 2020, it just kept going until it burned out after a lot of damage. So I'm looking at the riots for this summer. But otherwise, I mean, Iran and Israel launched missiles and strikes on each other's territory only a couple weeks ago, and everything is relatively calm now. I feel like these riots,

some of them are riots, a lot of them are not, but I feel like it's a breeding ground and a recruitment ground where, let's say, four out of the five protesters aren't violent or don't want to be violent, but that fifth one, those are the ones that are getting recruited up by nefarious parties who would infiltrate such a place. And actually, Drudge Report, which sold out big time over the last few years, but I occasionally check it out.

And in big red letters tonight, New York City is warned of radicalization infiltrating Columbia and other colleges. So again, majority of these protesters may just be college kids protesting, but more and more, outsiders are infiltrating, number one. And then also the cream of the crop,

and I mean that in a very negative way, can be recruited up. You know, 18-, 19-, 20-year-olds, and those could end up being part of much bigger riots, whether it's with Trump, whether it's with major power outages, whether it's with other wars or, I mean, geez, all the different types of reasons for civil unrest. This is almost like a pre-season of training camp is how I'm looking at it, unfortunately. Well, of course, Antifa never went away.

Everybody did it in 2020. Most of them know what they did and what they'd like to do again. Next summer, two summers from now, if Trump makes it back to the White House, you know, things are going to burn. Those who were 20 back then in 2020 are 24, 25 now. Those who were maybe low-level leaders, 25, 26, 28, well, now they're 32, right?

Those who were 32 are late 30s, and that experience was gathered. Those who have stuck around the last few years, they're becoming hearted. They're experienced, and they have a lot of funding. I mean, who's sending these protesters all these supplies and supporting them? Maybe they're getting GoFundMes like that frat. That is very possible. But I got a feeling a lot of it's coming from some of these shady fiscal sponsors and NGOs

and all this other crap going on. You got any take on that feature, Dan? Where's the money and supplies coming from? Or how is this being stoked? I would look at foreign intelligence agencies first, probably. Hey, enemies foreign and domestic, so both should be looked at, definitely. Like whoever orders pallets of bricks and leaves them on street corners, that seems like a pretty reasonable way to undermine your

opponent. If they'll let you do it, which apparently we're going to let them do it. Apparently I wanted to get into this bank if I could real quick. And, uh, well, let's start with the fed today. Fed said they're going to Republic first bank it Republic First Bank or First Republic Bank? Ah, it's funny enough. It's Republic First, but a different bank called First Republic did fail last year. These banks, they have such original names, I know.

But yeah, over the weekend, friday after hours and then over the weekend republic first a small regional bank not even in the top 50 of active u.s banks and assets but it did fail fdic is coming in and it was purchased by a slightly larger bank in Philadelphia. So it's not like a JP Morgan that came in. But anyway, going to the Fed, not raising rates but not lowering rates today. They know that inflation is still running pretty damn hot. Higher than their target for sure. So they can't lower interest rates again but man if they raise interest

rates it'll be just like it was in 2023 march 2023 where and i'm looking at this chart right now of the four largest banks and this is inflation adjusted the four largest banks that have collapsed since 1970, three of them were last year. Three of the four largest, and the fourth one was the largest, was Washington Mutual in 2008, financial crisis. You're not taking Lehman Brothers in this.

Large measured how? By assets. Is it adjusted for inflation? Yes. Now their inflation number is kind of bogus. But yes. So First Republic, the one that is not Republic First, that and Silicon Valley Bank and Signature Bank had between $100 and $200 billion when they failed.

Yeah, but if you did inflation adjustments, how do they compare to Lehman? So these are banks insured by the FDIC. Sorry. So Lehman Brothers was not a deposit bank like that. Oh, I got you. Yeah, yeah. All right.

So an FDIC insured probably, what, in the 80s? A savings and loan crisis maybe was some of the banks. If you adjust inflation, these are bigger, huh? Yes. Now, you're absolutely right. One that was actually pretty darn close was in 1984, Continental Illinois National Bank and Trust, and then there was a couple other savings and loans in 88,

which was the saving and loan crisis. But it's crazy how just a year ago, three of the four largest, again, kind of commercial banks that lend to businesses and people, not investment banks, is a distinction. Sorry about that. But so what happened? Massive bailout a year ago that just was swept under the rug to contain this. But they were able to kick the can down the road about a year.

And here we are again. But they can't raise rates, because what happens when they raise these interest rates, on one hand, it sounds great, like a great, oh, yeah, a bank will make more money with higher interest rates, but not these ones, not these smaller ones. They're not the big dogs, the primary dealers. These smaller ones, especially those that are over-leveraged

on commercial real estate in particular they're uh they're pretty much already insolvent so they keep raising rates they're all gonna fail so the fed is pretty much in my opinion can't lower rates unless they want a lot more inflation and if they raise it everything's gonna blow up i think again i've said this before they're going to lower it one more time emergency bailouts in the next year it may be even more stimulus for people everyone might get a three thousand or five thousand dollar check type of crap again but that'll be the last blow off top that might last you know six months this time instead of 18 24 months before massive

inflation and all that but they didn't do it yet they didn't lower rates today so they're still holding the course i expect them to hold course most of the rest of the summer maybe wait till the election even they definitely ain't gonna raise no rates before the election i'll tell you that Yeah, but in a 21st century semi-socialist technocracy, what if they can control it by having only one bank of this size collapse each year? The indicator we carry it under on future danger is banks simultaneously collapse. The bank whole sector collapses. But if they roll these over one at a time per year, isn't that success? If they could go the rest of this year without another bank collapsing,

then that would be huge success for them. So if they only had one of these medium to medium to small banks collapse a year, even if they only had a few these medium to medium and small banks collapse a year even they only had a few that's that'd be kind of normal i mean maybe not normal but not horrible but if what happens last year occurs if banks that are 10 times the size of republic first start to collapse again then that's where the real contagion can happen and they're gonna have to do another bailout um eventually those bailouts might stop working, but I still think the printing press has a little more paper in it. Right.

Yeah. What happened to us during COVID and just the runaway spending and lending. Boy, that was a weapon of war. That was a clandestine wink, wink, That was a weapon of war. That was a clandestine, wink-wink, biological attack that had a financial impact that barely an American alive could hope to outlive. Yeah, for sure.

We're right in the middle of the economic impact of that, maybe a little past the middle of it. But I'm telling you, all the inflation, the 20%, 30% inflation we've seen in the last three years. Officially, if you take the last... I was actually looking at actuarial numbers at work today, and they have a modifier of 1.21, which is a 21% increase. Built into some of these development factors without getting nerdy about it. They're saying that between January 2020 and May 2024,

they're assuming at least a 21% increase in inflation. That's a lot. I don't know. If your wages haven't gone up 21%, you're definitely losing there. Mine maybe have been right on the edge there. So I'm skirting there, prepping with every gosh dang dime I still have while it spends, Future Dan. Yeah, I hear you.

What else in the news strikes you as worthwhile tonight? Oil's kind of falling off a little bit. $79. It's not threatening triple digits at this point. Gold and silver were down because actually the market was thinking

that Powell might raise rates or indicate he's going to raise rates much sooner than expected. So gold and silver were I'm not going to raise rates much sooner than expected. So gold and silver were, I'm not going to say crashing, but they're down a few percent since last week. But still, gold is above $2,300. Silver is almost $27.

It's Bitcoin that's been beat down in the last few days from about $64,000 down to $58,000. It even saw a low of $56,000. I may or may not have purchased a little bit at the low. But long story short, gold, silver, and Bitcoin are all up pretty darn big this year. And if we're going to be running a $1 or even $2 trillion deficit for the foreseeable future, I think those type of assets as well as real land and real productivity will only become more valuable. Yeah, absolutely.

What about that 7,000% increase in Chinese immigration? You said there could be many causes and effects of that. Why don't you speculate on a few for us? Let's go look here. All right. First and foremost, I would say, you remember, what was this, a couple years ago when the extended lockdowns were going on in China

and people were being dragged out? Now, we did talk about how much of that is propaganda, how much of that was not really going on, or conversely, how much of it's really going on but not being shared or captured. Could be arguments on both sides. But anyway, I bet there was a lot of people that were pissed about that or were just ostracized by their social credit score. I'm sure it's not super easy to get out of China, but I got a feeling a lot of people wanted to get the hell out of there.

Even 1% of their population would be, what, 16 million people or something? So that's a lot. That's definitely a driver. Now, what about the flip side of that? People that are coming here because the government wants them to, whether that's to spy, whether that's to set up military camps and attack us, or just to get human intel years down the road. Not even some special ops crap, just their people infiltrating.

I'm sure there's a little bit of that what you know what else could it be i think i'm not sure if i have any other options i think a lot of it is just a bunch of people are sick of china and want to come to america but i'm sure a sizable portion are coming here with not just the consent but the uh blessing and maybe even being forced to come by a chinese government what do you think could you actually get out of china with enough wealth to pay the cartels to bring you through you think that they that that totalitarian state can i mean it can't be perfect right there's got to be, right? There's got to be some. I admit, there's got to be some. But boy, that's not an easy journey.

No, not an easy journey at all. And it sounds like it'd be freaking extremely difficult, and there's probably a lot that tried and couldn't get out when we're talking about those type of people. But then again, that country's so huge, and out in the countryside, it's probably not as locked down as well as the cities, I would guess. I don't know.

That's a lot of border to protect perfectly. So, yeah, it takes a lot of guts for them to come over. And in a roundabout way, I'm like, well, a lot of American for them to come over. And in a roundabout way, I'm like, well, you know, a lot of American immigrants came here under duress like that, and that's pretty cool, but it doesn't mean we need to just let everybody in at all times. And a 7,000% 70X, probably not a good thing.

Probably not a good thing. How much would it cost the Chinese spy state to purchase some leverage inside of cartels? In fact, pit them against each other and be part of the control of the Mexican cartels. It's fun to watch Narcos, right? Everybody's like the king of their domain, and it's like

Latin Americans having that kind of power, but you can make more from cooperating with the Chinese than perhaps importing cocaine if China decided to do that. The amount of money that nation states,

especially these top few like China and America, have at disposal is crazy. Now, a lot of it's debt-based, of course. But I'm looking right now at one of my favorite sites, usdebtclock.org. The U.S. trade deficit deficit just in one year with china the trade deficit's 278 billion so if china took 10 of that that'd be 27.8 billion that they could use to buy off cartel and buy off whatever the hell they want.

$278 billion. I mean, even if they used 1%, that'd be $2.7 billion of our own money of shit we buy from Walmart that they could use to buy off the cartel or politicians, all types of things, man. Right, and these regimes are known for buying gold. Right, and these regimes are known for buying gold. Certainly a valuable means to buy that kind of influence in any place where there's civil strife, civil war. That's our southern border now. I mean, that war is here on the border.

And I think by the time people realize that it might be a little too late, I asked somebody who I would say they're kind of middle of the spectrum, but probably more leaning Democrat. And I, and they're like, Oh, the border is probably overblown. This wasn't even,

this was like a year ago. I should talk to them again and be like, now what do you think that it's five times worse but gosh i almost forgot uh the story i was gonna say what was it um oh i forgot anyway take it on future it'll be right back with you just give it a minute yeah no uh i i think that you know russia and china and what they are are willing to able to do and what our deep state is you know letting them get away with because o'keefe tonight was someone running their mouth about how they just decided to not tell trump things right so effectively you're not letting the person be president. So really, really glad that came out today. Really glad we're seeing headlines talking about this spike

in Chinese immigration. We're getting the news we need. And the people have to, you know, absorb it in their own due time. But facts are are facts and it's starting to become clear to everybody that you know there's there's threats at that southern border that are undeniable i think it's well over half the electric electorate is is you know it's dawning on them it's been a bum rush under under under biden and it's going to just destroy so much inside this country. So your middle-of-the-road Democrats are not going to be able to die. This is unsustainable. It can't last.

And thank you for taking that over, because I did remember, as you said, if you just kind of clear your mind, it'll come back. taking that over because I did remember, as you said, if you just kind of clear your mind, it'll come back. It was that the problem won't really be real to anybody until a refugee center pops up at their high school playing field or at the local park. And I was saying this before. Everything that happened with shipping migrants to different cities and new york city

subsidizing and all that uh this is probably like i guess a year year and a half ago so anyway i just kind of a side tangent but but just the fact that i feel i feel like the border is one of the easiest ones to ignore but then once they're all here it's kind of too late to do anything about it once they actually realize, oh crap, this isn't sustainable, which I think maybe people are starting to figure out, but it's almost too late now. And here's one more thing real quick.

Mass deportations, it sounds good, but that sounds also slippery slope. I don't know. I don't want to give the state such powers to just start rounding people and shipping them out without due process. But they came here without due process, so that's why it just screws everything up, isn't it?

Yeah, I'm not sure how feasible that is, but trying it is very feasible. And just the act of attempting it would make a lot of people already on their way here think twice. So there's reasons for and against it. But, you know, Bob, your favorite institution had a press release or a presser today, a news conference. Without bringing us down into Fed speak to a point where we fall asleep, maybe you could just summarize, you know,

what are they telling the establishment finance about what they're going to do next? I think they're just trying to buy as much time as they can. I don't have the, I didn't listen to the stupid, I can't listen to these people anymore, to be honest. So their Fed speak is, blah, blah, blah, we can't lower rates, or inflation's going to explode, we can't raise rates, or all the banks are going to collapse.

So, please, God, don't call our bluff, at least until the election, then we can totally change the whole system if we need to. That's my interpretation. Yeah. I guess you probably knew that without listening to it. Is that what they said?

I think there was one quote where Powell kind of built himself an out where he said if there's some softening of the labor market, meaning if there is unemployment and the economy keeps going down the crapper, it might leave room for them to lower rates. So that's a little hint that if there is one way to go, the rate will be going down.

I just really, really, really don't see the rates going up unless they're really trying to blow up the system. Or if the next inflation comes out at five six percent which i'm not expecting to do they'll do everything to prevent that for now but but yeah they're definitely between the rock and the hard place and their ability to to maneuver just gets smaller by the day but they got some tricks up their sleeve i'm sure yeah i mean it's gonna be gonna be fair to jay powell maybe he has the dual mandate and he is just steering it between the two goal posts but the entire you know history and the macro finance by the time he took the job was you know the fate was inevitable hey if i literally was made the the chairman of the fed

and i wasn't able to change how it all worked i don't think there'd be anything i could do within the current system to to change stuff anyway so if we considered him a neutral actor not a bad actor a neutral actor you're kind of right i think at this point he's like, I'm not touching this shit. It's going where it's going. But that might be giving him a little bit too much. I guess we'll find out. So if you were the entire FOMC, the entire committee and the chairman of the Federal Reserve, and you couldn't change the way anything worked,

and if he didn't want it being pinned on you during the next collapse, what would you do this month? Would you hold rates the same, lower them, or raise them? I think if I had to only pick those three options, I would have probably held them. Possibly raised, but probably held. I feel like a limited collapse maybe we could recover from in the long run. But we are pretty far down the rabbit hole.

But lowering them all again is just gonna absolutely ensure future destruction so look i'm more of a get swallow the bad medicine now and hopefully we'll get better down the road that's kind of how i try to live my life sometimes too you know work hard now hopefully it'll it'll reap rewards in the future, whereas our economic system has been assed backwards. It's borrow from the future, live today. So I would try to reverse that. You could say raise rates and just crash all right now and get it over with, but they'd probably replace your ass real quick at the Fed if you did that.

I don't know. Yeah, Trump's been talking about the independence of the Fed is probably not constitutional, right? It was a New Deal construct where it seems like our country, with the advent of the Federal Reserve as well,

has just kind of forgot the Constitution entirely. So, and there's a point to be made there, right? All executive power is vested in the president and it seems like the fed has had executive power independent of the presidency for a long time so squaring that circle constitutionally is is maybe on you know the near future i would say that if if you if you don't look at the population demographics carefully, there's so many baby boomers, and there's so much wealth within that generation, and there's so much political power in that

generation, right? It was bigger than mine, right? It was the boom. I was Generation X. Our generation was smaller. And at least native-born American population, it's shrinking. It's not growing. The boomers and their wealth and preserving that wealth means this system probably preserves itself until the remaining members of that generation are in their 80s or older,

and that's the tail end, right? People born in the late 50s, early 60s. So this might take a long time to unfold is all I'm saying. They will definitely do everything they can to hold on to their assets until the end. When they die, their children will get some of the assets. Of course, the government will get a good portion. And I'm almost wondering if they'll just start giving estate assets over to illegals and homeless and universal basic income and the government.

So, yeah, we'll see. Anyway, Future Dan, we've got to go. It's been a good show. Be back next week, what do you say? Pretty sure both of those things would require new laws, but all it would take is a Democrat Congress with a majority

to pass that, and it's here. Yes, sir. Yes, sir. Another show in the bag. Mayday, May 1st, 2024. Screw the commies. Have a good one, my man. Every single one of them.

I am paying for this microphone.