Timcast IRL - Timcast IRL #316 - UK Vows To IGNORE Russian Threats, Russia Says It WILL BOMB Royal Navy w/Carol Roth
Episode Date: June 25, 2021Tim, Ian, and Lydia host self-described recovering investment banker and author Carol Roth to discuss the Russian threat to the UK, the National Guard preparing for increased chances of cyberattacks, ...the Great Reset and how it's hurting small businesses - the topic of Carol's book - and how younger people are being screwed over by the global elite with the BlackRock homebuying debacle. Included is discussion of Glenn Greenwald's scathing rebuke of MSNBC and CNN, and the recent story of the guitarist of the popular band Mumford & Sons quitting the group after he was 'canceled' for respecting Andy Ngo. Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcript
Discussion (0)
The UK's Royal Navy sent one of their warships into the Black Sea, and it was doing a mission
between Ukraine and Georgia. It traveled along the coast of Crimea, which Russia is claiming
as its own. So Russia fired warning shots and actually began dropping bombs. Now, the UK denies
this. They said there was no warning shots, but a journalist for the BBC said he did hear shots
fired. The UK is now claiming those were just Russian drills off in the distance.
Russia came back and said, if you come again, we will bomb you this time.
And the UK's response is, we do not recognize your claims over Crimea, and we are absolutely
going to be sending more warships along this route.
So we'll see in this game of chicken who backs down first.
But Russia has actually said that in conventional
warfare, nuclear retaliation is on the table. And China has even said that they will join Russia in
a counterattack just for U.S. provocations. Now, maybe this is all just a saber rattling,
because certainly things like this have happened before. But it does make me worried,
considering the other news where the chairman of the Joint Chiefs of Staff came out and was like, well, what's wrong with being woke?
You know, white rage.
I got to understand that it caused the riots on January 6th.
And I'm like, oh, geez, are we capable of defending ourselves?
Because it's not just about international conflict.
The fourth turning suggests we're in a crisis period and very well may be domestic crisis.
It could very well be a Great Depression or some kind of civil conflict. And seeing all this news about BlackRock buying up homes, news stories popping up saying millennials shouldn't buy property.
Millennials who are already massively in debt with student loans, now they'll be in debt and they won't own anything.
Yeah, it seems like we are headed towards a very, I don't know, dystopian future where the millennial generation and those younger will just be, I don't know,
serfs in some kind of neo-feudalist system. So joining us to talk about the war on small business, we have recovering investment banker and author Carol Roth.
Hey, Tim. How are you doing?
Pretty good. How are you?
Good. I'm glad you used the recovering investment banker instead of former because it is sort of
this 12-step program and I'm permanently stuck on step 11.
Which one is step 11?
Panic.
Oh, okay.
Well, it is kind of creepy what we're seeing with the way the Fed works,
especially when it comes to these houses and the BlackRock store
that's been popping up.
The Fed is basically just giving them money.
They buy it.
It's no risk to them.
Yet regular working-class people and millennials have no risk to them. Yet regular working class people
in millennials have no way to outbid free money from one of these massive firms.
Yeah. I mean, this is what happens when you have central planning and central banking gone awry.
I mean, basically the Fed has disrupted risk in the market. They have said, if you put your money
at risk, you get nothing. And so people have to take on riskier and riskier bets.
And so you've got two different things going on here.
You've got these big firms that have tons of capital that they need to deploy and earn a return on for their investors.
They're going out and they're trying to find investments and they can't find investments to get those yields.
So now they're turning to the housing market. At the same time, you've got retirees and savers and Main Street who are just trying to earn a return on the small amount of money that they have, also trying to chase yield.
And basically they're saying, well, if you put it in the bank, we're just going to give you almost nothing for it.
And then we're going to turn around and lend it to BlackRock so that they can go buy these houses and it's basically free money for black rocket it is a
selling out of main street to wall street this is all part of the biggest transfer of wealth in the
history of the world throughout the pandemic and you wrote a book about it so we'll definitely
talk about that right on we got that we got i, Tim. Hi. Hello, Carol. Hi. I'm interested to
find out what your
motive was to get out of the banking industry. This is
really interesting, so I'm glad you're here.
And I'm here in the corner as well. I love
all of my lady guests. Each one of them
is kind of a role model for me in different ways,
so I'm really excited about tonight's conversation.
And not to
self-identify here, but I'm
often known as a dude in a dress. So, you know, self-identify here, but I'm often known as like a dude in a dress.
So, you know, like I'll claim the ladies, but I'll claim whatever as well.
Let's do it.
Yeah.
Well, before we get started, head over to TimCast.com and become a member.
We're going to have a bonus podcast episode coming up around 11 p.m.
We do this so that there's a lot of things we can't say on YouTube.
So we have to choose our battles instead of just saying, you know, we'll shut down the YouTube and we'll never speak again
because we say one wrong thing, YouTube axes us.
We are trying to build out TimCast.com to do more than just be a YouTube channel.
We got to do this.
We got to build culture.
We have to bring on awesome journalists.
So we have Cassandra Fairbanks, who's incredible, and she's writing articles for us now.
We have a few more journalists that are on their way to join the team.
And we actually hired an Unsolved Mysteries writer.
Get this.
I don't know if I should say this.
I'm going to say it anyway.
We're actually now in the very preliminary stage of looking into lost Confederate gold in the South.
Wow.
What?
I got an email from someone, and they were like, we believe we know where this lost Confederate gold is hidden.
But they've never had the resources, I guess, to actually.
I love it.
It's a protected area, so you can't dig, so they need very expensive equipment.
And I was like, at the very least, we'll investigate the story of the lost Confederate gold.
This isn't going to be like Al Capone's tomb, is this?
Because I'm from Chicago, so you remember when Geraldo Rivera did the 20-hour special
and then they opened it up and there was nothing in there?
Very well, maybe.
The goal for this kind of content that we're producing is not necessarily to be groundbreaking news and historical documentation,
but literally to tell the story of what happened with this Confederate gold, why it went missing, why people think it's there.
And then, who knows, maybe we'll find it or something and then a museum will get it.
I really don't think so.
Is Geraldo going to be hosting?
No.
I've met Geraldo a couple times. He's all right, but I'm not't think so. Is Geraldo going to be hosting? No. I've met Geraldo a couple times.
He's all right, but I'm not the biggest fan.
I remember.
Didn't he get punched in the face in the 80s or something?
He also sent those half-naked selfies around Twitter and stuff.
Oh, yeah. That was funny.
I like him.
Anyway, we got a lot of stuff going on.
We got a lot of stuff going on.
So we've got, obviously, the vlog.
We're going to be ramping up
production on that and that's just going to be fun silly uh culture building so uh we're going
to be doing this podcast on paranormal mysteries and i think we actually have put together the team
to start producing it so it's going to be really amazing it's going to be like feature episodes
with sound effects and creepy noises and stuff and uh yeah someone emailed me saying i think i
know where the lost confederate gold is and i was like oh hey should we write about this this
sounds really fascinating.
And so we'll definitely do that.
So go to TimCast.com.
Because aside from that, we are going to have on the ground reporters, which is the next phase.
It's not as easy as it sounds.
Just hire someone and go out and do this stuff.
But it's not that hard.
We just got to find the right people, people we trust who will do a good job.
So we'll be doing that as well.
So again, TimCast.com.
That bonus episode will be up around 11.
Let's read this first story.
We're going to talk about this year war. From Nine News, Australia, UK plans to sail through
Crimean waters again as Russia threatens to bomb on target. Now, this is all basically because
Russia sees Crimea. And I'll try and very, very simplify everything
for those that aren't familiar with the full story.
Ukraine seems to be going the way of NATO.
This was several years ago.
And that meant Russia was going to lose
its only warm water port in the Black Sea,
which is Crimea.
So they moved in and claimed the people of Crimea
voted to join Russia.
Well, apparently the people of Ukraine
don't believe that's the case.
And I know a lot of people in Ukraine and I know people who have family and friends in Crimea say it's also not the case they want to join Russia. Well, apparently the people of Ukraine don't believe that's the case. And I know a lot of people in Ukraine and I know people who have family and friends in Crimea say it's also not the case they want to join Russia.
There's not much you can do when you're being occupied by a military and they have no way to defend themselves.
Well, now you have the UK who doesn't recognize this running along the coastline and Russia is basically dropping bombs and firing warning shots and threatening.
We will bomb you if this is the case.
So let me just read a little bit.
They say Russia annexed Crimea from Ukraine after a military intervention in the region in 2014.
Russia said the UK's HMS Defender went three kilometers inside what described as its territory off of Cape.
What does it say?
Violent in Crimea.
Just before noon on Wednesday, a nation's territorial waters extend 12 nautical miles from its coastline. Any foreign warship going past that limit would need permission of
the country to do so, with a few exceptions. Prime Minister Boris Johnson and Defense Secretary Ben
Wallace both backed the assertion, we don't recognize the Russian annexation of Crimea.
It was illegal. These are Ukrainian waters, and it was entirely right to use them to go from A to B.
He denied that UK-Russian relations were at historic low, noting that I can remember times
in my own lifetime when things have been far worse.
The important point is that we don't recognize the Russian annexation of Crimea.
This is part of sovereign Ukrainian territory, Mr. Johnson told reporters on Thursday during
a visit to an army barracks in England.
This is a game of chicken. You know, who do you think's got the cojones to make that move?
Well, speaking of the cojones, like, where did the UK get the cojones from? Like, the fact that
they're like, of all the things that they have going on in the UK with Brexit and trying to
sort out their economy, like like where are they like peacocking
around like how did they come to the table with this actually it's kind of a sad thing to think
about because i did this threat on the founding fathers uh earlier how i was like that this the
people who signed the declaration of independence knew that they were declaring one the most
powerful military the world had ever seen and they thought they were going to lose many many did and
it was some say it was only because of French intervention that we actually were able to win.
The French, of course, had an interest in defeating the British. It's funny that that
narrative of the British being so powerful. And now it's like, wow, where did Britain get the
balls to go up against Russia? Oh, man. But what but seriously, like, like, what do they get out
of this Ukrainian situationian situation and why
are they i mean they know they don't have a strong ally in the u.s anymore in terms of being able to
support so like why are they out there like we're gonna be out you know going up against russia and
russia's like we must break you how did that sort of all i don't know you know it's interesting
because the the big narrative for a long time was that Ukraine was – there's this natural gas monopoly through the Gazprom company, Russia, and it's running through Ukraine.
So the U.S. wanted the Qatar-Turkey pipeline to go up through Syria and Turkey and then into the EU to offset their monopoly and lower prices.
But Syria said no, and then war breaks out. It's all chaos and conflict. And then Joe Biden's like, I'm going to improve this.
Was it Nord Stream 2 where they're building another pipeline?
And Biden's like, we're going to allow this.
So it's really confusing to me when you're trying to follow through this history and the news about why we're currently entering this level of conflict.
I mean, obviously, we are allies with the UK, and this is a lot about NATO. But why allow Russia to build another pipeline through, you know, it's like just north of Europe along the along the coast. Why allow that? But then taunt them and play these games and be upset about Ukraine. It seems something's broken right now. They're trying to frame it as if we did nothing wrong and we got attacked,
so we're the ones that are just in this situation.
Because, I mean, but the truth is it's moronic to poke the beast regardless.
I don't know, man.
History will tell, you know.
And I'm a money person, so I'm like trying to follow the pipeline and follow the money
and going, okay, like who's benefiting where and where are the dollars flowing?
Because at the end of the day, on one side or the other,
that's what this has got to be all about.
Either it's about somebody getting money
or someone trying to bleed more money out of the U.S.
I think the interest in this, the story may just be saber-rattling.
There have been like Russian flybys before.
There have been like Russia, you know, their planes entering like U.S. airspace.
Kim Jong-un got too much journalistic space for all of his little things.
So they had to kind of step up and go, no, we're bad guys too.
Don't forget about us.
But these things happen and usually like we don't see much.
So I'm wondering if it's people are interested in this simply because of the idea of like the fourth turning.
I mean, I'll say this is one of the reasons I'm interested in seeing this news, because it sounds like the UK and Russia are playing a game of chicken. And of course,
if that comes to blows, we're involved. There's a fear that we're in this crisis period where
there's going to be a major war. China, of course, is saying we'll work with Russia to counterattack.
So, you know, I can't remember, was it Bannon who was talking about this? They were saying that,
you know, Russia should not be aligned with China, but we've effectively forced that on them, especially when the Democratic Party has been repeatedly just bashing Russia, bashing, bashing nonstop.
So Russia's, you know, pushed back saying, OK, fine, it's us against you.
Now they work with China.
But again, this could just be words.
It could be meaningless.
Russia could just be shaking their fist from the shoreline while the UK passes by.
Nothing ever happens. But it's a great way to put the U.S. in a financial and a national pickle, isn't it?
Especially when you don't have sort of strength at the top leadership.
Because what is it that we can't afford more than anything else?
It's certainly another war.
And so from a dollar standpoint as well from a national standpoint,
the split in terms of people who would be for
and against that, we don't need that right now. And certainly if you're savvy, if you're in Russia
and you're in China, you're aware that we don't need that right now. There's also wokeness,
right? This whole critical race theory battle and its subsets tearing at the core of the United
States. And now we see the chairman of the Joint Chiefs of Staff just being like outright like,
what's wrong with being woke?
I take offense to that.
I want to understand white rage.
And it's like, oh, geez, I can only imagine that Russia and China are well aware of the
rift in the US.
And this is what worries me.
If the UK gets bold and says, we're going to drive our boats by, Russia might be like,
hey, if we bomb them right now, they can't do anything about it the u.s is fractured their military's gone woke so is that
i don't know what do you think we at is that is that a big risk or am i overthinking things
no i think it's a it's a huge risk and i think we need to be talking to our little friends in
britain and telling them to settle down a little bit because like you said it's sort of moral
hazard right they're the ones who are going to poke the beast, as you said,
but they aren't the ones that are going to suffer most of the repercussions.
It's going to fall back on us.
So maybe they might just want to slow their roll a little bit.
That scares me, though, because we saw China saying
that the U.S. is not in a position of strength.
If the reality is, we do have to be like,
UK, please don't bother Crimea.
We know Russia stole it, but we can't do anything about it.
Now is not a good time.
Maybe come back to us in a couple years.
Man, I feel like the U.S. is in trouble.
The whole world is in trouble.
It's a house of cards.
And if there's a global war, I mean, that could set us back 10,000 years.
I mean, did you see what China was saying about COVID and lab leak?
They were like, if you investigate the origins, we need it was Chinese state media speaking
to themselves and we need to up production of nuclear weapons to send a shiver down the
spines of the American elites.
So you got like nuclear sable writing with Russia.
Apparently, they issued a statement saying that their official response to any war, including
conventional warfare, like if some missiles go flying, they'll launch nukes.
Now, will they really? I don't think so. They're like, we'll respond missiles go flying, they'll launch nukes. Now, will they really?
I don't think so.
They're like, we'll respond to aggression, but we will use nukes.
I think a lot of this could just be like fists shaking from the shoreline.
Yeah, testing the waters.
That could be it, too.
Yeah, but maybe the UK warship is just sailing by, and then Russia's like,
brr, UK, and that's all that really happens, you know?
Yeah, I wonder if there's a crypto tie-in here
as we've kind of offline talked
about China's role in crypto
and digital currency and obviously they're trying
to become the world's reserve
currency and what a better
way to continue
the great work that the Federal Reserve
has done in devaluing the dollar
than trying to bring us into
another war that we need to print a bunch of money for that we can't afford.
You know, not to like throw out random conspiracy theories here, but just, again, trying to kind of connect things that potentially could happen.
There could be a tie in with that.
Well, I think I think it all is.
There's I mean, first of all, we probably don't even realize how much is connected to all of this. We might be looking over here at this UK, the HMS Defender, and we're like, wow, what a story.
And we might not even know that an actual conflict with actual live fire happened somewhere else.
You know what I mean?
Like the news that comes out, for instance, the Gulf of Tonkin incident, which brought us into Vietnam, we didn't actually know the full details for decades.
We just got some reports later on. I just found out the USS Maine
was like a false flag that got us involved
in the Spanish-American War to liberate
Cuba, liberate from the Spanish
Empire. It blew up. No one knew
why. And then William Randolph Hearst started
printing articles that were like, remember the Maine,
remember the Maine. And everyone went to war with
Spain. Okay, so if we're talking about
things that are distractions, then we had
all of these cyber attacks that happened in the u.s on the pipeline on the meat plants and stuff and
it's sort of planting the seeds oh russia's doing these things russia's doing these things now we've
got this conflict with russia so yeah we actually have this we actually have this story this is a
big story right now um the daily mail reports national guard is preparing for a major cyber
attack that would bring down utilities across the u.s troops tackle massive simulated breach during two-week
training exercise after hack of colonial pipeline brought nation's fuel supply to its knees
all right i i i they're taking it seriously i'm worried that they're taking it seriously
way too late but yeah um Was this on the list?
Was this on the list of the critical infrastructure
that you're not, our playbook of here's the things
that you should attack?
Thank you very much.
That was one of the stupid, I can't believe it.
What was it exactly?
Biden said something to Putin, right?
That's what this is?
So he gave a list of like,
here are our most critical infrastructure things.
Here's off limits.
Here's what you can attack.
So implicitly, he's saying like, it's okay if you attack other things.
Just don't attack this.
And then also, he's basically saying, here are our most important things.
So if you are a bad, nefarious guy, here are the things that you want to attack.
I mean, just the strategy behind that, like, who's advising on it?
Because we know it's probably not coming from Joe Biden, right?
So who's the genius who came up with the list of the infrastructure?
And what's that on the list?
I can only hope that whoever advised him says, here's the 16 things we really don't care about.
Tell him we care about it so that he goes after that.
I see.
4-D chess.
Like small businesses.
You could totally take out Main Street.
We don't care about that.
We don't care about that. We don't care about that.
No, but I think the simple solution, one that makes the least amount of assumptions, Joe Biden was like, oh, Russia better not attack the things we actually need.
Hey, hey, Putin, I'm warning you.
Don't attack these.
Don't attack these.
You know what I'm saying?
And here's the list.
It's like the playground bully it's like okay okay you can you can beat me up but don't break my glasses because my mom's gonna be mad and she's gonna ground me
she'll ground you when you get beat up i i i couldn't believe that story right so it's like
they're doing war games now it's like it's like negative 1d chess yeah it really is it's like
it's like you're playing checkers with somebody but but Joe Biden's going like, come on, come
on, man.
I don't know how to move.
I don't even know the rules.
And you're like, Joe, Joe, it's like you just move diagonally.
It's monopoly.
Just buy a boardwalk.
Put some houses on it.
You know, I guess what's crazy about this is Daily Mail has been saying Russia did all
of these hacks.
Like, that's been the media narrative the whole time.
So when Colonial Pipeline got hit by these hackers, Daily Mail just kept saying Russian
hack on US, Russian hack on US.
And I'm like, none of that's confirmed.
Even Biden said, we don't know for sure.
But there were elements of the media saying it was a Russian attack or Russian attributed
or Russian associated.
And you know what it feels like?
It's like we're back on schedule because before Donald Trump got in office, this was everything that was happening.
You know, Russia annexed Crimea. Then the U.S. and NATO and Western allies were getting involved in Ukraine.
There was separatist conflict. And then Trump gets in and all of a sudden this fades away.
Well, I'll tell you something else that was interesting.
All of the things that were involved were things that were sort of progressive
agenda items that they wanted to crack down on. So you had a pipeline, which obviously we know that
the natural gas issue is out there. We had meat, which was another issue. And then it was you were
using crypto to pay for this. And we know that the US government's really uncomfortable. So the fact
that all sort of elements of the story all revolved around things that the government doesn't really have on their agenda is sort of an interesting thing for me as well.
Did you hear that there were gas stations out of gas in Colorado this past week or so?
So there's an interesting story behind part of the disruption.
And that's with the government deciding winners and losers and sort of interfering of the disruption. And that's with the government's, you know,
deciding winners and losers and sort of interfering in the economy. There are not
enough drivers able to drive the tanker trucks. And so it's now taking an extra couple of days
to get the gas to the gas stations. And the people who used to be the tanker truck drivers,
you know, they went to work for Amazon or they found other jobs
or they're staying home or whatnot.
You can't just pull a random person off the street
and say, go drive a tanker truck, right?
That's a specialized thing.
So that's part of this supply chain disruption
that supposedly nobody expected.
We've had a lot of people super chat us saying
that's not the case, that there are people like,
I'm a trucker, there's no shortage, this is not true. Now, I can't verify a super chat us saying that's not the case that you know there are people like i'm a trucker there's no shortage this is not true now i can't you know verify a super chat but i'm i'm i'm i've gotten
emails from people saying they're truckers and it's not the case the challenge is if the media
says it and we all believe it but then people who are like hey i'm a trucker that's not true it's
like who do you trust do you trust the media i'm like that's that's a tough call no i don't right
i can't trust any of it i mean and it's anecdotal at best if someone super chats and they're like,
hey, it worked. I saw it. So it's real everywhere. Like I saw it here. So everywhere.
Right. Exactly. It may be in their particular area or their particular company as well.
You mentioned in the previous segment how there's like maybe a tie in with China's move against
crypto and stuff. And we have talked about all of the moves made
during the pandemic and its potential relationship to a coming war. So a few things I've said is not
to imply a conspiracy. I'm not saying that I'm saying how fortuitous for the United States based
on what happened. So you have decentralization for major cities. If a city gets nuked, well,
half a million people leave New York. And many of these people are leaders in industry or high
ranking individuals in certain companies. And they're working from home in different areas.
So now it's harder to take out our economy because you can't just go after one city. You still can't,
you kind of can. And then you look at what's going on with like gas stations having limited fuel.
A lot of it feels like there's something happening behind the scenes we don't know about.
We don't have a very strong journalistic apparatus in this country to inform us about what's going on.
And maybe the picture is just too big at this point for any one organization or individual to see.
But I look at all this, and I'm wondering if, like, look, our critical infrastructure gets attacked.
That's oil pipelines.
And it's meat production, which was, like, I think a fifth of all meat production.
Then I saw this story about a gas shortage in Colorado.
And I'm like, now explain to me how that happens like oh it's
a trucker shortage then i hear from people who are like bro i'm a trucker there's no shortage
then where's the gas and who do i trust well the media has not been you know faithful but i should
say honest to the american people i honestly don't know now you look at what's happening with you
know crimea and the uk you look at china and and Taiwan sending 28 planes in the Taiwanese defense zone.
And I'm like, is it possible that the things we're seeing with like gas not being at gas stations, critical infrastructure being attacked, and just these international conflicts that we are dangerously close to a real conflict and both the US as well as Russia, China are shoring up the defenses, stockpiling, preparing or something like that.
I mean, I never take anything off the table.
I leave all options open.
I think that there's some other central planning issues that are going on here, which we'll definitely get into.
But I wouldn't take that off the table.
I mean, based on history and based on what we know about truthfulness coming out of
government,
central planning.
And like you said,
the sort of media or the,
the corporate press complicity in terms of all of this,
I wouldn't take it off the table.
I think when you talk about central planning,
it makes me think of the Swiss bank sent bank of international settlements.
We mentioned earlier a little bit that it is like a global central financial
authority that is trying,
like using, you know, these Lockheed Martin and these big arms dealers
to like play chess with all these countries.
And they're using our military as pawns against each other.
Yeah, it's interesting.
I mean, I tend to be a little bit more domestic focused,
and we certainly have, at least today, you know, most of the wealth in
the world. And I kind of feel like the central planners in our country, like most central
planners think that they know better than they actually do. I don't know that I buy the global
conspiracy because I feel like if you have that central power, like why are you sharing it with
these other
guys over there?
I mean, we know that cartelization never works.
Somebody always breaks off.
And so I feel like we're probably the leaders of that.
So if there's something that's going on, it's probably starting with us because, I mean,
we've got the financial center.
We've got the wealth.
We've got the innovation.
So the idea that there's some other puppet master in Switzerland, not to say that they're not doing things in Europe with the ECB and whatnot, but that they're actually controlling the U.S. narrative unless they're just smarter than our central planners, which is, I mean, anybody can pick five people out of the phone book and they're central planners.
You know, I don't know.
It's an interesting discussion.
I'm not a big fan of the big bank conspiracies
or anything like that.
I certainly think we have a problem with the Fed.
Yeah, we have a big bank conspiracy
with the Federal Reserve here in the United States.
You know what's funny is it is a conspiracy, isn't it?
The definition of conspiracy,
a group of people committing some amoral,
unethical, or criminal act in secret.
That was literally the founding of the Fed.
I actually talk about it in the book.
The founding of the Fed, the idea that it was decentralized, this cloak of decentralization,
which I source back if you want to read, like, deep dive on this.
It's a book called The Case Against the Fed by Dr. Murray Rothbard, who's a now deceased
economist, who's great. But like the way that they founded the Fed was completely to have this kind of bait and
switch feel on the American public.
So, oh, no, we're decentralized.
We're not part of the government.
But when you think about the Fed, so I mean, this is really messed up.
So it's owned by its member banks.
But if it makes a profit, that goes back to the U.S. Treasury, not to its owners.
It gets its mandate from Congress, but Congress doesn't have any ability to know or audit what's actually going on.
So is it part of the government? Is it decentralized the way that it's described?
Is it sort of a big bank government cartel?
Yeah. And they call it federal.
Give me control of a nation's currency, and I care not who makes its laws.
Rothschild.
Was that Nathaniel?
Amschel Rothschild.
I just saw that quote earlier today, yeah.
Bavarian?
Was Amschel the Bavarian banker?
I mean, he's like the guy that founded the central bank, basically.
And then he had three kids.
I think it was Amschel.
He had three kids.
One went to England, one went to France, and one went somewhere else. And it was the one in England
that really created this global banking influence. Which founding father was it who said that
centralized banking is more powerful than any standing army? Jefferson. Was it Jefferson? Yeah.
Man, those guys were smart, weren't they? They understood. Yeah, I mean, they warned against
this. And they had tried to do these central banking structures before landing on the Fed and national banking structures.
And they had all failed. And so this was kind of like, OK, let's let's rejigger it.
And the funny part was that the national bank that they had put in place that was put in place by these bankers like the the Morgans and these kind of financiers,
they felt like they didn't have enough control, even though they were the ones who had structured it. And so that's why they came up with this concept of what the Fed is today.
And by the way, so it started out with sort of these nefarious intentions and has gone
completely off the rails since then. Are you familiar with the Great Reset?
So I'm like kind of macro level, like I haven't dug into each of it, but certainly on a macro level.
You just have this World Economic Forum thing
about how there's going to be a global reset of capitalism
for stakeholder capitalism,
and it's very woke.
We start seeing these things happen in the United States
with small businesses.
A lot of what I think you cover,
that's why I ask,
because a lot of people have suggested
that the moves the government was making,
whether intentional or not,
greatly benefited this idea of a great reset. So yeah, you wrote a book about the war on small
businesses. Tell me what the government did and what happened to these small businesses throughout
the past year. Yeah, so war on small business. So this is the most underreported, infuriating
story of the last 12 to 15 months. And really, if you want to talk about it,
going back decades, but really in the last 12 to 15 months, you had a government deciding
who was essential and who was non-essential, who was going to thrive and who was going to
fight to survive. And this was not based on data. This was not based on science. This was based on political clout and connections. And what that did, and we talked a little bit about it, is it enabled the greatest wealth transfer that we've ever seen in history and gained collectively $3.4 trillion in value in seven companies
at the same time that you had Main Street businesses.
By June of 2020, Hamilton Projects said 400,000 of them had closed permanently, millions more
struggling to survive.
Oh, and by the way, it was a record year for initial public offerings.
It was a record year for SPACs, which are special purpose acquisition companies, which are highly speculative investment vehicles that only pop up in very frothy environments where people are trying to chase yields.
And, you know, again, there's this just giant disconnect, spenders or savers and retirees all getting thrown under the bus.
And nobody wants to talk about this.
Nobody wants to talk about this battle that's going on and that has been sort of laid out for us over the last couple of decades as we've moved away from capitalism to more towards central planning.
And then the worst part about the whole thing is that capitalism is the one that's getting blamed for it, even though it was done by government mandates.
And so that's why, as I was approached to kind of do an economic debrief on what was happening during the pandemic, that the small business story just had that line.
It was like so important. But it was also just important in terms of creating that through line between decentralization and central planning, because that's what so many of us are fighting for.
If it's not small business, it's crypto.
It's the gig economy.
It's the creator economy.
All of these are trying to go in a decentralized manner to fight back and have those free market tenants against this consolidated
power. And so it's really important for us to all be aligned on that.
I want to ask you about something that Biden said, and he said it in a really weird way,
but OK, we got the story. Pay them more. Bizarre moment. Biden whispers and blames
employers low wages for worker shortages that insists inflation will only be temporary.
So there's
two things here. This idea that the reason companies are struggling to find people to
work for them is that they're not paying well enough. But we also know that the CDC just
extended the eviction moratorium, which is, in essence, free money for a lot of people.
There's also the extended unemployment benefits, which is literally free money for a lot of people.
Not that I'm suggesting these people don't need that money, but it certainly creates an economic pressure where
people are less inclined to work or go seek out work. And so Biden is making the accusation that
it's a small business's fault or companies in general for not paying more. I mean, so basically,
so this is all part of the plan. And I'll just ask you to keep this in the back of your mind as we talk about this.
Like if you were trying to kill small businesses, if you were trying to only have a handful of big businesses and you were trying to get people more dependent on the government through UBI, those kinds of things, would you do anything different than what played out the last 12 to 15 months without being just 100% obvious?
So, yeah, I mean, you have the government now in competition with the businesses for employees.
And I'm all for paying employees as much as possible.
I think it's a good business practice.
I think that you retain better employees and more loyal, but you don't want to legislate
that because then you've got 16-year-olds who are holding up a sign that says, come see the
sandwich shop. We're getting paid $30 an hour when you could just stick that in the side of the road.
There's an economic reason behind it. So the fact that we have 9.3 million jobs that we can't fill is because central planners didn't want you to be
able to fill them. They wanted people to be conditioned to depend on the government. But
we know that the only people who've ever gotten wealthy being on the government dole are politicians.
Nobody ever gets wealthy on that, on the government dole. It feels to me like this is all part of the same exact uh problem i'll call it a problem right so you had the the government shuts down in a variety
of fashions different governments different jurisdictions shut down small business walmart
target big box stores amazon they're all open so they made what how many what was the number was
it three trillion so it wasn't necessary it was there were seven tech companies. So, you know, Google, Amazon, Tesla, Facebook, whatever it was, 3.4 trillion dollars in value.
Two tiers to that.
So like you said, they were open for business.
So the small businesses that couldn't be open for businesses saw their customers moving to these big companies and dollars going that way.
And then you had the Federal Reserve pumping in money to support the stock market.
So the stock prices increased. So the value of those companies increased as well. So it was done on two levels. Now think about the next circumstance created by the government.
Not only are small businesses competing with the government because they're paying people,
but all of the money, I should say most of the money last year, went to these big, massive box stores.
So who can afford to pay more?
When Joe Biden says, pay them more, okay, well, Amazon's like, you know, we did have massive profits last year.
All right, we'll increase wages.
That can out-compete the government.
But that mom-and-pop coffee shop, they can't just manifest money out of nowhere.
They can't compete. And there's no surprise that prior to this,
you had seen Amazon and some of the other big companies start pushing for a higher mandated
minimum wage. And the reason why they started pushing for a higher mandated minimum wage,
because they know it's anti-competitive and they know it would drive some of the smaller players
out of business. And so basically, that's what's happening on a de facto basis here
is they're trying to end around, instead of legislating it,
they're trying to do it by we're going to interfere in the market,
we're going to make it really difficult for people to want to go back to work,
we're going to compensate them for staying home,
and then we're going to force these businesses who have been struggling,
they were shut down by government mandate,
they were not appropriately compensated for giving up their property for the public good under
eminent domain concepts under the Constitution. Then you just get back. You've hung on this whole
time and you can't find anybody to work. And by the way, it's not even just low wages. I've talked
to small businesses all over this country.
They're paying higher wages. They're offering bonuses.
Many of them can't even get people to apply.
So it's not even just like, oh, well, you need to raise the wage a couple dollars because they've done that and they still can't get people back.
Some have argued that the problem here is fulfillment. With last year, people being given the opportunity not to, say, flip burgers, which I don't think there's any lack of dignity in being a burger flipper.
People love burgers.
But a lot of people, they want more fulfilling work.
And so the argument is they're just choosing to avoid Burger King or McDonald's or even working at a coffee shop.
So yes and no. So I do think there are a lot of people who had the opportunity
for ones to pause and reflect and actually make some decisions, which I think is if there's any
silver lining, maybe that's one of them. But if that were the case, we wouldn't have nine point
three million jobs unfilled. You would have the ones at the higher levels getting filled and then
these other ones not being fulfilled.
And that's not what the data is coming back and telling us.
Nobody can find the jobs.
And it's not just the burger flipper jobs. It's a lot of mid-tier and other jobs as well.
And then the interesting part, if you look at kind of the data around wages, you're going to see, oh, wages really haven't increased.
But the hidden sort of data behind that is that a lot of boomers took the opportunity to retire and to opt out of the workforce.
So you have people who are making high five and six figure salaries who said, you know what, I'm going to retire.
So those wages have now come out.
And when you're computing the average, obviously that brings the average down.
So even if you look at the low end, those have gone up enormously.
But if you look at it
as just one giant pie,
it looks like,
oh, well, wages haven't moved at all.
Another component too is
these are the jobs we can see
when we see Burger King
putting up a sign saying
$500 sign-on bonus or $1,000.
What people don't realize
is that sourcing raw materials
and even manufacturing jobs,
a lot of these companies that you don't know even exist
are struggling to find people.
And then the inflation pieces you had led in with
so that you have the problem with not being able to find people,
which is making it more costly,
but then trying to get the raw materials and everything
kind of running through the supply chain
and then obviously just having just an enormous amount of money supply out there, all these things driving up prices.
So, again, if you're the small business, you can't find somebody to work and you've hung on to survive.
You also, if you're trying to buy chicken because you make chicken wings, we saw, you know, was it Buffalo Wild Wings is now doing like the thighs because they can't get the wings anymore.
Really?
Yeah. I don't know if it's that particular brand.
One of the major brands
has changed to thighs
because they can't get the wings anymore.
We here at Tim Kess love awesome B-dubs.
We do.
We had an argument.
Ian was right.
So is this personally devastating news for you then?
I'm going to flip this whole table over.
And this is how this affects your life people that we're on small business right
here but actually it may be the most important thing no joke i mean look going out to the bar
watching a game having wings and rings and whatever else you can't get that i tell you
that's when people go hey wait a minute hold on you know when people hear like it's hard to get
a computer chip so computers are more expensive they they might go, I don't know.
Actually, there was a survey done.
They asked people about certain products and whether or not the cost had increased.
And airplane tickets and electronics, people were unsure of and didn't know.
But chicken wings and gas were way up, and they knew it.
And bacon, too.
So this is interesting i think of all of the things that
can be taken away because of government failures that impact small businesses they really have to
be careful because if they start affecting bacon supply that would be yeah tragic it right it is
silly to think like haha bacon but no i mean people wake up and have eggs and bacon people
go to mcdonald's and get sausage egg and bacon people eat these things they enjoy them things
the reason it's a joke is because we know that people really love this stuff.
If they can't find it, they start asking questions. People start getting mad.
And that's when you've got to get worried if you're the government. Yeah, I mean, but it's about so much more
than that. I mean, it really is about our economic freedom. I mean, I think
people, when they think about business and you say, like, how many big businesses
are out there? And I do this with people
all the time. Like I'll hear like, oh, I think there's
probably like a million. It's like, no.
There's 5,000-ish
publicly traded companies in the U.S.
And there's like another 5,000 to
7,000, maybe
up to 10,000. There's like
between 10,000 and 15,000 big businesses
in the U.S. There, before
COVID, was 30.2 million small businesses
that account for half the GDP and about half the employment.
So when we talk about this, I think people feel like this is like a niche issue
that doesn't really affect.
This is half the economy.
And you have to understand sort of the thought process behind this, that if you
are the government and you're trying to usurp power, which they have done in terms of how much
they're spending, laws, you know, purview, everything else. If you're trying to deal
with people, you're trying to get reelected, you're trying to get campaign funds, you're
trying to push legislation through whatever it is. What's easier to do? Like get like
10,000 big businesses behind you or 30.2 million small businesses behind you? This is a nuisance.
We heard the banks were too big to fail. They did awful things that ended up screwing up the
economy for all of our lives and they got a bailout. Yet they closed small business by mandate and they got crumbs
because not only are they too small to matter, but they are too hard to control. And that is
the intention here. Like you cannot walk away from this. You cannot go through this and think
it's not intentional. And by the way, even if you don't, the outcome is still just as bad,
but this is intentional.
Is the intent to just steal wealth
from middle class and working class people?
It's to consolidate power by any means.
What happens to those people,
it doesn't matter
because they're not in the club.
If you're not in the club,
you don't matter.
You're just pawns in the game.
And so they have seen that we have allowed them to consolidate more and more power.
I mean, you have small businesses, and there are a couple of examples of small business owners,
Attilis Jim, Shelley Luther, and her salon a la mode that I talk about in the book,
who said, no, you're not going to take my property.
You're infringing on my property rights, and you haven't compensated me for it.
But a lot of people said, well, okay.
There was something that happened to me that you briefly mentioned hearing about before the show.
It's that I got denied a loan for a home.
And that was shocking to me because, look, I'm not trying to be like a braggart.
We have a successful company here and I wanted to get a small house.
It's relatively small.
The bank said no,
and they sent false credit information to me.
It's so weird.
It felt like I was just told,
you are not allowed.
It was three months of runaround,
constantly asking for new documents,
and something weird happened.
Maybe it was a bad company.
That could be the case.
But we are seeing this thing with BlackRock.
These firms that just get essentially free money from the Fed
and they can outbid any working class person to buy up this property.
And we're watching them buy up property like crazy
and then turn them into rental properties
where we're going to end up having the millennial generation right now
entering their 40s, right?
We're old people at this point.
They have kids.
The kids are going off to college in some instances, but they're unable to own property,
which means they're going to have less wealth to transfer to the next generation.
They're not going to have something they control.
Not only that, they're going to be beholden to student loan debt and to their landlords,
which are going to be big firms.
Yeah.
And if you think about wealth creation, it's something that obviously I spend a lot of
time talking about it.
The way that you create wealth is through equity.
And when I say equity, I don't mean equity in the sort of critical race theory equity.
I mean, in the financial terms of equity, having ownership in something.
So ways that you create equity, you have equity by building a
business. Good for you. American dream doing that. You may not sort of have the ability to do that,
but you invest in the stock market and you participate in the equity increases of other
businesses. Maybe you work for a private company and you're able to get stock options. So you get
to own a piece of the business that you're working for. You own a house and you get equity. Ownership is wealth creation.
And so limiting those opportunities by government interference in the free market leads to less
wealth for everyone.
And that's the frustrating part for me.
My background, we talked about being a recovering investment banker, but I'm the first person
in my immediate family who graduated from college. My dad was an electrician. His parents went through
the Great Depression and were super poor and grew up on the west side of Chicago. That's where he
grew up. And so he came out of there and worked really hard and saved up a bunch of money and
then sent me to school and couldn't afford it. So then I had to pay down my college loans and so on
and so forth. But I've gotten to the point where I am today, which nobody could believe because of this
American dream because of the system of capitalism. And I've watched it over the course of my career
from whether it's interference in the stock market, and you're seeing this in the the ape
community, and the retail investors who are trying to fight back against the tilted
playing field in the stock market. You're seeing this in small business versus big business.
You're seeing us move away from capitalism. And we've exported it. We exported it to China to
their benefit. And we've imported more central planning to our detriment. And that is affecting
the wealth creation opportunities
because with capitalism, the pie grows
and there's an abundance ability
for anybody to participate in that.
It's interesting.
I mean, a lot of people talk about
a communist takeover here in the United States
or cultural Marxism.
And then we think about the buying up
of all these properties
and how it will result in a generation,
probably not millennials,
maybe not necessarily Gen Z, but certainly Gen Alpha is going to be a generation of renters.
What happens when there's an economic crash and not a single individual, or I should say,
for the most part, 90% don't own the property and can't pay their rent. And then you get a
massive government intervention to a big firm saying, we're going to bail you out in exchange
for partial ownership. And now the government becomes one of the largest stakeholders
in owning all of the buildings that people live in it may not be communism but you're certainly
walking very close to the government owning where you live well or potentially that you have you
all these dollars coming in from china which we've seen happen as well. And you have Chinese people, not American Chinese people, but actual communist Chinese who are buying up properties as well.
It's another possible way to infiltrate and take over the country by taking over the wealth creation opportunities.
Yeah.
So I have some articles I want to show you real quick.
This one's from May 28th, Forbes.
Realtors will hate me for this,
but here's five reasons why you absolutely shouldn't buy a home right now.
Here's another one.
Nearly two-thirds of millennials have home buyer regrets,
new survey says.
How about this one?
Millennials who snapped up homes in the hot real estate market
reveal their biggest regrets,
from unexpected costs to high mortgage payments.
Op-ed.
Home prices are going through the roof.
Millennials piling into the market is one big driver.
Can we talk about the government inflation piece of this as well?
So this is really fascinating.
May report from the National Association of Home Builders said that government regulation adds $94,000 to the average price of a new home built.
Jeez.
Then go take a look at property taxes and how much those continue to increase every year.
So just the government itself is adding more and more cost to homeownership. And if you go back to the market dynamics of supply
and demand, how many times do people want to build more housing and they're not able to because of
zoning laws or NIMBY or whatever it is? And so we have this constricted supply of housing as well.
And so you've got all these ways that the government is interfering in the markets between
the fed between the government inflation between the laws well it's it's these these media outlets
seem to be trying to discourage people from owning homes as well right so already you have
it very difficult for millennials to compete with massive firms now they're being persuaded by the
media don't don't buy a house oh they regret all of it this is one of the craziest things to me
this um this millennials buy homes and regret it. I think these millennials, I've said it before,
if you buy a house, if you save up for a down payment, you can get it. Can you do zero down
right now? I'm not entirely sure. I mean, it used to be a big thing. So I think that they've
actually cracked down quite a bit. As you know, they've actually made it more difficult in many
ways to get homes. They're not sort of doing this free for all that they did. But as you know, they've actually made it more difficult in many ways to get homes.
They're not sort of doing this free-for-all that they did.
But as you know, it always ends up bifurcated where people who you're like, well, how did that person get a house gets a house?
And then people who have great credit and whatnot are finding they have to jump through a million different hoops. Yeah, yeah.
For me, it was three months of hoops and they ultimately said no. But I guess what I want to tell millennials is messages.
If you end up being able to buy a house, if you save up enough, you need as much as you need for the down payment, maybe it's 5%.
So if it's like a $200,000 house, you might only need 10 grand.
And not an easy feat for a lot of people.
But if you can save up, maybe you have a significant other.
If you don't like the house, rental management companies can run it for you.
And you are a homeowner and you're a landlord.
It's crazy to me that they're trying to tell people not to do this.
It's going to create corporations, companies that own the property, and the people who don't.
That's the direction we're heading in.
And I'm going to tell you, man, it's going to be a dystopian future when people don't own anything.
But that's the direction we're heading in. And I'm going to tell you, man, it's going to be a dystopian future when people don't own anything. But that's the Great Reset.
It's these articles where they're like, homeownership is bad.
People don't want it.
It's the most blatant manipulation I've seen in the last two years from corporate media about what we're talking about, the Great Reset.
And it's sad that more people don't know that this is manipulation, that this is marketing, and that it's –
I mean, they could just say, maybe buy a smaller house.
I mean, part of the issue is, right, is that we've kind of gone to this McMansion kind
of thing.
If you think about the square footage of the houses that people grew up in back in the
day, well, I'm older than you, but back in my day when I walked to school uphill both
ways, you know, that the houses were much smaller.
And so we've kind of gone to this place where there's bigger.
But there's all different kinds of options.
And so maybe it's, yeah, maybe you don't need the bigger house, but still buy something.
Get equity.
Get ownership.
Ownership leads to wealth.
We want to encourage prosperity for everyone.
We want everyone to be in the game because if you don't have everybody in the game,
go ahead.
No, no, no.
Do you know where I'm going?
I was going to say,
the message that we espouse is empower yourself.
Yes.
The message that these firms and the media says is
disempower yourself.
Right.
Become weak.
Give us the power.
You're the victim.
Right, exactly.
Go on the government, UBI.
Let the government take care of you.
Let them give you $12,000 a year because that's going to make you wealthy.
It's not logical.
That's what gets me.
This messaging is not logical.
To tell people not to buy land is not logical.
Someone is doing this on purpose.
You guys remember that viral video where the guy's like, read a book, read a book, read a mother effing book.
Yes.
And then at one point he's like, buy some land, buy some land.
Yo, F, spinning rims.
Yeah, buy some land, man.
You give that to your kids when you pass.
Go follow on Twitter, Wu-Tang Financial.
Oh, my gosh.
Wu-Tang Financial.
They'll give you all these kinds of great nuggets, your kind of meme style.
But the underlying message, absolutely.
And maybe if the housing thing isn't for you, then go get equity in businesses.
Build a business.
Oh, except for the fact that when you go do that, then you're going to get shut down.
The government's your number one risk.
And it's so interesting the parallel between what happened with big and small businesses, with the CARES relief, and what you're talking about with the housing market.
Because what happened, and, you know, we've seen it in previous bailouts, all this money goes to
big companies.
The CARES Act was primarily trillions of dollars to cronies who, by the way, didn't have to
do anything to get it.
They didn't have to apply.
But if you were a small business, you had to step up and apply.
And the biggest small businesses, Kanye West and Tom Brady, got PPP loans,
but your pizza shop down the road didn't.
And so you know how you said you had all that paperwork that you had to fill out?
It's the same thing for the small business.
You had to jump through the hoops.
They made it hard.
If you had a bad background check, they said,
sorry, we can't give you the loan because you've got bad debt.
They made it as hard as possible for the people who needed it the most,
who, again, did nothing wrong.
This was government mandate, taking their property, subverting their property rights,
and they were the ones that had to jump through the hoops.
Is that because they just assumed those businesses were going to go out of business anyway?
They wanted them out of business.
They didn't care.
That is just extra people riffraff that can come onto the government dole, that can go work for Amazon.
They want to consolidate power.
This is central planning versus decentralization.
This is crypto versus the Fed.
This is what's happening retail versus the market.
This is decentralization versus centralization.
And then it comes back to crypto.
You know why there is this move against it, why many, many poor people are convinced to get away from it, why the articles say China's cracking down, dodge this, don't go near it.
And it's an escape.
That's how it's been described by a lot of people.
We had Max Keiser on the show, and he said it gets you out of that system.
Maybe you can't own property, but you can own crypto, and that's something they can't control. And boy, do they not like that. payment in dollars and you have a U.S. government with a central bank pseudo attached to it that
has a military, although the military has gone woke. So maybe that's not as big of a risk anymore.
But they don't want to give up that power. They don't want somebody else to have that power and
be in the in-club. They're going to do everything they can to fight it, which is exactly why people
are fighting back against it, which I think is great and I think needs to happen.
But that's where this is going to come down to.
And so that's what we need to be watching.
So all of this stuff, right, the war on small businesses, the telling people not to buy houses and taking away their property, what's the future you see if this trend continues?
So what's going to end up happening is that you have small businesses.
You're going to have economic freedoms taken away and you're going to have them taken away.
And we've seen the seeds planted.
It's under the guise of capitalism.
Capitalism isn't working.
They tell you we're in late stage capital.
Capitalism is just freedom, choice and transparency with property rights.
So there is no stages.
It's just kind of like on a spectrum over here with free choice versus forced coercion and control.
And so they're going to blame capitalism.
They're going to get people riled up and go,
yeah, you know, you're right.
We should probably have the government
in charge of more things.
It's going to kill more businesses.
And you're going to end up with some form
of a pseudo centrally planned hybrid economy
where maybe, you know, Amazon and, you know,
50 other companies get to do their thing and everything else is the government. And like you said, you own nothing. You have
no wealth creation opportunities. And we have squandered the biggest opportunity for economic
freedom that has ever happened in history in the world. What scares me about all this is that
there's this idea you will own
nothing and you will be happy. But I don't believe that centralized economies or command control and
authoritarianism actually work. It's this utopian pipe dream. Well, history has proven that they
don't. We don't have any example anywhere in history that it's ever worked. So yeah,
you don't just have to believe it. You could just follow the data.
So what happens is you get every,
what is it, every generation or multiple generations,
you get some crackpot despot saying,
I should control everything
because I'm smarter than all them.
And then they realize calculating
the economic requirements of billions of people
cannot be done by a single mind
or a committee or a council
or a small firm. It requires decentralized economics or, hey, free enterprise.
A hundred percent. A hundred percent. I mean, this is, and go back to basic economics by Thomas
Sowell or anything else, and people making free choices are going to tell the market what they need. And certainly at any point in time, there may be a slight dislocation, but it gets fixed.
I mean, look at toilet paper, right?
What happened in March of 2020?
We had a problem.
People decided to have a run on toilet paper.
I don't know why that was the one thing if there's going to be a pandemic that you're worried about, but people cared about their behinds.
I have a bidet.
It wasn't a big deal to me, but I'm always ahead of the curve. So Marco Rubio goes out and he writes
an op-ed in one of the papers, like, oh, well, we really need to be on top of the supply chain.
The market figured it out. In a couple months, there was more toilet paper than anybody wanted.
And certainly, there are going to be continued disruptions when the government intervenes.
But if you let the market sort itself out, it's going to figure it out over time. Yes, there's going to be a committee of people who have your best interest at heart.
I mean, that's the part that's the worst is people seem to think that there are these
people sitting in Washington who want them to succeed and that they're going to do what's
right for them over their own best interest.
That is just not human nature.
That's why representative democracy doesn't work, because those people do not represent others.
They represent themselves.
And it's up to the individual to represent themselves.
We're in an ancient system right now.
It's back to Milton Friedman.
Where are you going to find these angels to organize the economy for us?
And this is the part where it's both frustrating and exciting, because I look at the people who,
like with the former Bernie bros and progressives
and sort of the independents where I sit and even some of the conservatives and a lot of us are
circling around the same ideas guys like we have the same issues we have the same problems we just
haven't quite gotten there on the solution and so I hope that people who may think the government is the right answer takes a look at what the government's been involved in, how many laws we have, how much money they're spending, what their outcomes have been, and go, oh, my God, we've got Frankenstein.
We've got to kill the monster here. other opportunity? Is there a way, even if you think the government somehow needs to be involved, is there a way to bring more transparency and more free choice to everything we do and keep
the government out of the way? One of the challenges is the media. We both love it,
we hate it, but you mentioned more choices. If people don't know something exists,
or how do they find it, how do they buy it. And it's something that I think it was Steve Jobs who said,
how do they know they want it if they've never seen it?
So you have to explore and make things.
But to this point, when it came to toilet paper
and the gasoline thing that happened just this past month or so
with the shortage, local shortages, it was the media.
The media started telling people toilet paper was vanishing,
so people got up and ran to the toilet paper.
Don't, whatever you do, don't buy toilet paper.
I mean it.
Don't buy toilet paper.
Do you have stock in Charmin or something?
I'm short Charmin.
It's like the fire alarm where it's like, don't pull.
Like all I want to do is just pull.
Anytime they tell me not to do something or they tell you that it's going to be a panic,
of course that's what's going to set people off.
It's like nobody understands human nature.
Or perhaps they understand it very well and they're manipulating you.
You're right.
Human nature is very interesting because language is not literal.
When you say
don't get angry what people are hearing is calm down they're literally hearing get angry get angry
the word don'ts there but they're hearing get angry get angry so it vibrates a different
ang it makes people get so you want to say like be happy be peaceful not don't be angry it's a
double negative it doesn't work in language not Not in spoken language. Calm down. Calm down.
Any woman, you've ever
tell any woman to calm
down, your marriage will end.
They're on the spot. The two
least effective words together in the
human language is calm down.
I've noticed if you tell people you're happy,
you're listening to me, then they start to listen
to you. As opposed to in a fight being like,
you're not listening. Then they stop. Then they're like, I'm stop then they're like i'm not listening okay i'm not listening i'm not
listening and so you want to like create you know positive yeah i mean this is what improv is based
off of but fun fact me i actually studied with second city um and so i've got a little bit of
improv background and so one of the things they teach you in improv is this technique called yes
and it's like the you know kind of ground floor where is when somebody says something instead of like saying no and like going in a different direction, you say yes and.
And then you go and you use that to build a bridge to something.
And so it's acknowledging like, yeah, I hear what you have to say.
And like, let's bring this into the discussion, too.
It's just it's the same thing, but it's communicated in a way that's more inclusive and makes people feel like like you're taking and listening to them which by the way at the
end of the day a lot of that's what a lot of this is about people just want to be heard
right i want to i want to jump to the story and give a shout out to mr glenn greenwald oh yeah
we have the story from uh well we just have a lot of daily wire i'm sorry daily mail today
firebrand journalist glenn greenwald slams msnams MSNBC and CNN for dangerous failure to investigate issues
and praises Fox as the only news outlet presenting an opposite opinion.
It's crazy that we're in this era because I grew up with Fox News being the bad ones.
That was weird and ideologically homogenous.
But now it's true.
I mean, you look at MSNBC and CNN, and if the government said it, it's that's it fox you know tucker carlson he brings on antifa and the funny thing is so i i
know these activists these old hackers they posted a photo today of themselves with glenn greenwald
and they were like just disparaging their young selves saying it's not our fault we didn't change
and i'm like yo like these people used to be fans of Glenn Greenwald, fans of WikiLeaks. Now they're actively defending the FBI and MSNBC and CNN.
Like, how does this happen? This shift? So I'll tell you what happened is people have abandoned
and I don't know, maybe that never existed, but it's really gone. I think with social media and
the other direction, they've abandoned the concept of principles. Everything is party. It's politics.
It's people.
But it's not principles.
So I'm on the team.
You know, either this is my sports team or it's my religion or whatever it is.
And like no matter what it is, if it's coming from my arena, I'm going to agree.
It's good.
And I'm not saying that, you know, I don't have a set of principles that I'm judging things against.
And so, I mean, you see this all the time.
They do the man on the street segments where you tell somebody a statement and you put a different name attached.
And all of a sudden they don't agree with the statement anymore.
We got to get back to just people you don't like can say things that are interesting and make sense.
And people you do like can say things that you don't agree with or you think that are completely insane.
And it is every side of the coin.
It is the left is the right.
The easiest content you'll see it from Jimmy Kimmel.
He goes outside and says something like, you know, Donald Trump said this and then he'll
get dumb people to say dumb things and then go, ha ha, look how dumb Trump supporters
are.
But then you'll see the same thing for people on the right where they'll go out and say
things like, you know, Barack Obama said X and they'll cheer for it.
Ah, that was Donald Trump.
Or you get a lot of people who will be like, look how dumb these
liberals are and things like that. I do think the tendency tends to be on the left, however,
and in the mainstream press. I think for whatever reason right now, you'll find on the right with
Trump supporters, with conservatives, Republicans, there's typically more honesty and more attempt at
good faith conversation. For example, you know, Stephen Crowder trying to have a conversation with Ethan Klein.
And Ethan Klein's response, as we see with the mainstream and the left,
was to make it a spectacle, to turn it into a bad faith troll.
And then the Forbes and Daily Beast and Newsweek all laugh and hoot and yell,
aha, we got you, Crowder.
Crowder was trying to have a good faith conversation.
So I don't know what it is, because it felt like when I was growing up,
the left was trying to be good faith.
But maybe that was just me being in the matrix.
It's very possible.
I mean, I grew up in a nonpolitical family.
I didn't know about any of this.
Like, I mean, I completely fell completely tushy backwards into this when Mitt Romney ran for president because they needed somebody to explain the auto bailouts and all those kinds of things.
And private equity was a private equity guy.
And so they're like, you're an investment banker like you.
Come on. I just want to be a game show host, people.
That's what I did. I wanted to give away.
I still want to be a game show host.
But somehow I got like dragged into this.
And so like, you know, I didn't, you know, I would just basically whatever my parents said, like, yeah, OK.
But they weren't really even they didn't really follow any of this stuff.
And then you kind of get in the middle of it and you're like,
what the heck is going on?
But the craziest part about all of this is just the guilt by association
and the cancel culture, whether you do it yourself or whether it's –
you've got somebody on the back of your book that some corporation doesn't like
and now they're not buying your books anymore.
A couple days before book launch, not that this happened.
It didn't happen, did it?
Did it happen?
So this is breaking news.
You could be the first people to hear about this.
And this is so disappointing because it's like one person who's not even in the organization.
So I'm not going to name the organization because I like the organization. It's a big, big old company who wanted to have me come out and give a speech.
And instead of charging my speaking fee, I said, well, if you buy the equivalent amount of the
book, then you can give everybody a book. And, you know, well, win-win for everyone. Oh, this is
great. And they're talking to publicists. We're working out the details. Well, one outside PR consultant looked at the six different names
on the back of the book that represent all different viewpoints
because that's the great thing about small business.
It brings people together.
And they didn't like one of the names,
and they thought that that tainted me and blew up the entire thing.
And I'm like, how is it the fact that I'm building bridges
and bringing together different viewpoints a bad thing?
You would think that's exactly what we need at this point in time.
But how did topic that, again, like, I don't even need to talk about it.
You can talk about whatever you want.
You're buying my books.
Like, I'm on your clock.
I can talk about anything.
I'll talk about football, hockey.
I don't really care.
So they could have done anything or they could have but like i'm now canceled my book
orders are literally canceled because they pulled out one of the six names one person
a outside pr person didn't want that association if you knew that that name would have had would
have resulted in this circumstance,
would you remove it? No, because I am in the fortunate position where I can make those
decisions. And I've told people before, like, I'm getting the Vance on the book anyway, like,
I don't care if it sells one copy or whatever. I'm not doing this for financial needs. I'm doing this
because it's a really important message that everybody needs to hear. They need to spread. And also, if this book doesn't do well, nobody's going to do anything
about small business in the media again, because I don't know if you guys know this, probably not,
because this is my domain. But like any media that has to do with small business has all been
pulled away. There used to be TV shows. They pulled them off the air. If you try to get a segment on a major show, you can't.
They have completely taken away.
So this is the entry for people to say we care about small business and, you know, they're
trying to take that away.
Well, let's think about that for a second.
I think you did the right.
I think that was the right thing.
If it were me, I would not remove the name of any comment or endorsement simply because someone
would threaten to cancel me. So I think
you're saying the right thing. I agree with you.
But there's also the argument that
couldn't you have reached more ears
by you canceling
one of those endorsements?
Yeah, I mean, it goes back to
principle. It's just not the way that I roll.
I'm hoping that I can find a different way.
Let me tell you a story about my last book, because I think this will give you a little
sense of who I am. So when I wrote my last book, The Entrepreneur Equation, my publisher at the
time had the idea of putting a picture of me on the book cover. And if you've seen the book cover,
it's me in pink heels in front of a chalkboard doing a little like sexy teacher kind of thing,
whatever. They conceptualized it.
And back in the day, there were actually bookstores.
And one of the big bookstores, one of the buyers told my publisher,
you know, she's a little too attractive to be taken seriously as a business author.
So we kind of think you should either pull her off the cover of the book
or, you know, maybe like uglier up a little bit.
And so they came back to me with this feedback and they said,
you know,
by the way,
my last publisher was very,
very collaborative.
They were great.
And I said,
it's your book,
but these guys are really important.
So like,
what do you want to do?
And I said,
well,
not only am I going to do this,
but I'm going to do the biggest blank,
blank to them of all time.
And for those of you who know, I have my own fashion doll slash action figure that was made
as a premium to match what I look like on the book cover. And so for every book that was sent out,
the action figure was set with it. And I just kind of doubled down on that and said that was
the thing. So that's kind of how I approach it. But again, I have the ability to do that.
When somebody does care about like that book sale is going to put food on the table,
they don't have the flexibility to make the same choices that I do.
And so I'm cognizant, which is why I care about these topics,
because not everybody can do that.
It's a big challenge.
Yeah.
Knowing that there is this system in place that is unreasonable.
And that story is kind of nuts.
What I was saying with the person is it is a mainstream normal person.
It is totally crazy that a company would be like, I don't know about that guy.
I actually had.
Right.
I mean, it's not like I've got like Manson on the carpet.
Right, right, right.
Like, oh, you should really – I mean, yeah, these are all well-known people.
You may not agree with them, but yeah.
I actually had – The Daily Beast wrote an article about the John McAfee thing.
And I tweeted bull-effing-ish in response to the story,
and I linked John McAfee saying I would never take my own life.
And so they incorporate that into the story, which I don't care.
They called me a conspiracy theorist.
It's like, OK, if I was making out, I didn't make an assertion about what happened.
I just said, BS, like I don't believe the story.
Not believing a story is not asserting a conspiracy.
But they called me alt-right.
It's that I was alt-right.
And I'm like, they just make it up.
I got called alt-right for this, too.
Yeah.
No, literally because I had one person they didn't like on the book, which is like hilarious because like I'm an independent Jewish woman.
Like how am I alt-right?
But it's because they know it'll taint.
In the future, someone will look back.
Now, I was fortunate enough.
Look, I go through things in the very normal way.
I don't go on Twitter and
start screaming like this is ridiculous. Quiet email, requesting a retraction and a correction,
and they immediately responded with an apology and took it out. I'm lucky that happened.
Good for you.
Because there was one period where they lie about people all day and night. And I think the scary
thing is that you mentioned the little guy doesn't have the opportunity to make these choices.
What are you supposed to do when you're going up against a multimillion-dollar corporation that's lied about you and there's not much you can do?
So I look at it this way as well.
I was flying on American Airlines once, and our flight got delayed because of a major storm.
I think it was in Dallas.
And so I went on Twitter and tweeted them like,
hey, is there any update on this?
I couldn't get through the phone line.
And the next thing I know, they're like,
Mr. Poole, we're going to take care of you
and make sure everything is perfect.
Step to the line right now and let them know.
And I walked up to the line.
I looked to my right.
Huge line, hundreds of people waiting.
And I'm like, this kind of screwed up.
Because they don't fear the regular person
who can't do anything about their circumstances.
But they're worried I could tweet and cause them problems.
I don't like that idea.
I don't like tweeting at companies.
But sometimes it's the only way to get them to react.
Well, it's interesting.
So tying it back into what happened with COVID and small business and PPP, this is exactly where the structure of PPP failed so badly is that they put these parameters where
you could have millions and millions of dollars in assets and revenue, and you could still go in
and apply for these PPP loans. So if you're a bank and you've got the guy who's got millions
of dollars and you've been doing business with them, and then you've got this pizza shop that's
struggling to make it, whose loan are you going to fulfill first?
Of course you're going to fulfill your good customer.
It should have never been put in that position in the first place.
And so that goes back to a flaw in the structure.
It's hard to fault the person who has the loyal relationship whose business is also
going to depend on it.
But why was it structured that way to begin with?
And I think those are the questions we need to continue to ask.
We need smart contracts to dole out these things.
Like this is part of the great thing about cryptocurrency is there's no middleman to
decide where what's going to happen or where it's going to go.
You have the parameters and it fits.
And there it is on the blockchain out in the open.
Which is why it's a threat to them.
I have some, I'm optimistic.
You know, a couple couple days ago we were talking
to Bannon. He was saying
we're winning. Once these
moms see what happens to their
kids when these schools are teaching on August 15th
it's going to be crazy.
And that was a really, really good point. I'm also
confident because of the things we're doing over at TimCast.com
and the tremendous support we have from
all of you who are members. You guys are amazing.
We're able to hire journalists. We're expanding like crazy. Things are going better than ever.
We're trying really hard to move away from YouTube because that was putting our all our
eggs in one basket. It's very, very dangerous. We're trying to build something substantive.
And so I'm confident that not only are we going to succeed with the support of our paying members,
we're finding new ways to generate revenue, new ways to support real news and fact check and
all of that makes me optimistic and there's another thing that makes me really optimistic
is seeing stories like this one brian stelter's revised anti-trump diatribe hoax tanks with less
than 2 000 copies sold in its first week despite massive book tour and launch party as ratings for his cnn show dropped
to its lowest of the year seeing this happen he sold 1738 copies in his first week wow that's very
very very few books so here's the thing is that i guess when people hate watch a show they don't
hate buy a book i mean because i mean that that's, and again, I don't like to pick on people's livelihoods,
but I do feel like based on everything I've seen, there are a lot of people who watch
the show that most of the commentary isn't, oh, I am enjoying this thing.
It's literally hate watching.
It seems like that's the big part of his audience, which I think is harder to translate.
At the same time, I'm not going to make fun of that number of book sales because, you
know, I've got a book that's coming out.
I've got big corporate media who doesn't want to cover it.
I've got big corporations who are canceling me.
So I might do worse than Brian Stelter.
Sure, sure.
But this is a guy who goes on TV and he tells people not to watch other shows.
He's got this massive CNN platform. That's ratings are in decline.
And now he can't sell his book.
I mean this is a guy who was getting over a million viewers.
Now he's getting around 700, 800,000.
It's going down.
Hey that's still a lot of viewers.
It's more than I'm getting.
But you see that decline.
At the same time.
Look.
I'm not trying to.
There is a bit of I guess spite.
In like haha.
Watching someone fail.
And everything like that.
But I genuinely think. what he does is dangerous.
What CNN does is bad.
They lie.
They manipulate.
They're a part of the problem.
And they represent the decentralized media.
I'm going to give a plug to you right now.
The centralized media?
The centralized media.
And you are the decentralization.
And so, I mean, if you're enjoying this, you should be supporting Tim.
And I'm going to support you because I believe in this because decentralization is critical.
And this is the American dream. And capitalism is about putting your dollars where your belief
system is. You can't go out and say, you know, Alexa, why does Jeff Bezos have so much money?
Could you order me some Doritos and tell me the sales on Prime Days? And then go like,
well, what's going on here?
She's going to be like,
I can't talk about that.
We actually have one
and you call her,
but she didn't respond.
You can ask her all sorts of questions
about Jeff.
She's like,
I'm not going to talk about that.
But that's what I'm saying.
So support the things
that you believe in
and support these small companies
and support small business
and support small business advocacy.
That's how you make a dent.
And don't support.
Don't hate watch things you don't like because it's giving them dollars.
I mean, I know it's fun and whatever, but, like, don't do it.
Support the things.
Like, let's make it a positive instead of a negative and go out and support because you are the American dream.
You're building that.
You're helping other people with getting more jobs and creating something that's important.
And we need more of that.
And people should buy your book, The War on Small Business by Carol Roth.
Why?
Amazon is one of the most powerful ways that decentralized media has been able to get a
foothold and challenge the establishment.
I mentioned this the other day with Michael Knoll's book, Speechless.
Definitely, you should buy Speechless.
You should buy Unmasked by Andy Ngo.
Jack Posobiec's book.
That's the Antifa book.
Because when people go to Amazon, and Michael Malice's book, The Anarchist's Handbook,
Create Space, I believe is where it is.
You can publish your own books.
You go on Amazon, and you'll see the top charts, and it's a bunch of anti-establishment thinkers.
It's people challenging conventional wisdom
with interesting ideas
and they don't all agree with each other.
But it's a way to break through
when the establishment, the mainstream,
when CNN, when they don't give the time of day,
when Brian Seltzer comes on TV and says,
don't watch the spin, come to us.
When, who was it, Tapper, who said,
you can't read WikiLeaks emails,
only we, it's illegal, only we can read it.
You can now find the honest and dissenting voices because
amazon has to put them in the rankings same as everybody else granted they do ban books which
is another scary component of this but so long as we have that opportunity if everybody buys your
book we can get this top 10 list which is going to include a bunch of people of varying political
ideologies and that will what will happen is a regular person will be browsing Amazon.
What do they see?
Number one.
They see Carol Roth.
Number one.
They see Michael Knowles or Andy Ngo or people like Ben Shapiro or Dave Rubin.
And now they're going to get an idea they normally wouldn't have got from CNN.
So this is so interesting.
So this is a good capitalism debate because I had been directing people to bookshop.org
because I don't know if you're familiar with bookshop.org.
But what it does is it fulfills books from local small business booksellers.
So you get to not only support small business advocacy in terms of the book that you're buying and learning these concepts and spreading the concepts, but you actually get to put a couple dollars towards the small business. But it's an interesting point because at the same time, if it doesn't chart
well on Amazon, then the people outside the ones who are buying it here also don't get. So I need
you to buy two books. Could you buy one on Amazon and buy one on Bookshop? Give it to a friend.
No, but seriously. But it is an interesting sort of question, do you need to chart on the big place and change minds?
Or do we support the small guys and win in that direction?
And maybe they're not mutually exclusive.
No, I don't think they are.
I think you should support both.
I want to rub CNN's nose in a little bit.
Okay, this is important, guys.
I need to beat brian stelter so even if you
don't care about this book i can't sell fewer copies than he does well no no i'm gonna bring
up acosta so this is a story from two years ago president donald trump cnn's jim acosta
spar over journalist book sales granted it's from 2019 it's still kind of funny so trump is talking
and then they say um he was asked about uh muhammad bin sal talking and then they say he was asked about Mohammed bin Salman. And then
Trump flips the script saying, I don't really care about offending people. I sort of thought,
you know, that flips the script and says, by the way, congratulations to Jim Acosta, by the way,
by the way, congratulations. I understand your book. Is it doing well? It's doing very well,
Mr. President, Acosta said. Trump seemed astonished. Really? I'll get you an autographed copy Acosta offered.
It's from Deadline, by the way, not from Fox News. They say Acosta's book isn't doing that well.
It's in the 1300s on Amazon. He was previously zinged on the lagging sales by Fox News host
Sean Hannity, who called the book a disaster and an epic fail. So yes, like you said, it's people
watch these shows because they hate Trump or they hate the right, not because they like Acosta's reporting, not because they like Brian Stelter.
So when the name pops up that says Stelter, they say, I don't care if the if the if the book was why Trump is bad by guy who hates Trump.
They might actually buy that book.
Yeah, well, my only again, my issue on principle and not personage is that he's got a show called Reliable Sources that does not have reliable sources.
And so if you run a show that's not named correctly and your book is called Hoaxed, I don't really know what I'm getting inside the book.
Yeah.
Let's jump to a story.
Lydia, by the way, is laughing at me.
It's true.
It's true.
You have no idea what you're getting.
We'll just do a hard segue into this Mumford & Sons thing.
Oh, yeah.
I've been thinking about it.
Roll through this one.
Yeah, so we got this story from Timcast.com by Cassandra Fairbanks.
Mumford & Sons guitarist leaves band after outrage over him praising Andy Ngo's book.
It's kind of a crazy story.
It's a roller coaster of emotion.
They say, For now, please know that I realize how my endorsements have the potential to be viewed as approvals of hateful, divisive behavior.
I apologize.
The apology tweet, which was put out in March, has now been deleted.
On Thursday, he wrote a Medium post explaining his decision to leave the band, saying that he wants to be free to speak his mind.
He mentioned that it wasn't just the endorsement that was the problem.
He goes on to mention that actually apologizing was the next sin that
caused the mob to come after him. So I find this to be actually an interesting story because it
shows that when you're confronted with an angry mob, there's nothing you can do.
So what should someone do? Because look, it's not just the left. Now, we typically say the
left is all about cancel culture, but it affects the right as well.
I mean, listen, I just have a thing in life, and my husband will tell you this.
This is like the one thing that drives him crazy about me.
I will not apologize for something if I'm not sorry.
So my husband gets like two apologies a year on things.
There are a couple of times when I do things, but most of the time,
there's something like, no, I'm not sorry.
I'm not apologizing.
You don't apologize if you're not sorry for something.
And you shouldn't be sorry for speaking and having a differing opinion.
No, my version of apology is to change my behavior.
If I really am sorry for what I did, I'm going to make sure I don't do it again.
And I'm going to do something better.
That's what makes me cry and yell about it.
What's the thing about apologizing to people that have nothing to do with it?
Like you to me me if you wrong somebody
i wrong you tim i'm sorry to you but i don't need to apologize to the rest of the world that like
this is between the two of us this is a very personal thing like why have we dragged everybody
else in the peanut gallery into this concept of apologizing like i don't need to apologize to you
nothing to do with this this was between the two of us like this is a very personal thing that everyone wants to get in the middle of.
Virtue signaling, it seems like.
Well, so shout out apology to the atmosphere.
When this Mumford & Sons guy says, you know, hey, Andy, great book.
You're very brave.
All of these people get mad saying you're supporting the far right.
So they are personally offended and they demand he apologize.
I understand that they're personally offended, but it has nothing to do with them they did he didn't tweet something to them so he can't be sorry to
them you can't take into account every single person like you know to take the temperature
of every person that's why we have the concept of free speech right the the main issue i suppose
is that the what's what really happens if you step back is that Mumford & Sons was set to lose money.
And so he's like, a bunch of people are mad at me for doing a thing I don't understand.
If I do nothing and we lose money, so he apologizes.
The apology didn't work.
They lose money no matter what.
So then he says, wow, apologizing was a big mistake, which is funny because, you know,
look, my question, I'll throw it back to you, Ian.
What makes you sorry for something, right?
You said if you did something and then you were actually sorry, you'd say you're sorry.
It's empathy.
It's if I see that you're hurt, I feel that.
And I want to make sure you don't feel that again.
But what if people are hurt for something nonsensical like he recommended a book?
Or he didn't even recommend it.
He just said, great job.
Then I still empathize that you're paying, but I will let you know I'm not going to change my behavior because this is why I feel it's righteous. Well, and let me tell you about the money angle, too. This is
very interesting because I, at one point, was going to write a book kind of about the actual
financial implications of these outrages. And people get very angry and they say,
we're going to boycott something. then they move on and so if you
think about soul cycle or you think about you know all these different companies that have gotten
caught up i know very few of them that have have had you know those kinds of financial implications
because people were outraged now there are some like major cancel culture issues that have some
short-term implications but a lot of times when
you have these like big brand things like oh i'm not gonna go to soul cycle anymore we're like when
is the last time you got on a spin bike like never you know so it's a lot of times it's it's this
vocal minority that has nothing to do with your fan base now granted if it's literally your fan
base then maybe you need to think about it but a lot of times it's just like
a bunch of the course of trolls and then they like move on to something else next week and so
i think a lot of times people panic instead of just letting it blow over let's yeah so let's
we'll think about the the ramifications of you know offending a fan base should you just be
especially in politics a personality that just says whatever your audience wants to hear because
then they'll
give you money or if you say something that offends them should you just be like well that's
what i think have a nice day even if you lose money well i think you need to be careful as a
business or as you know somebody if you're like fan driven or customer driven like is do you want
to have a public set of opinions or do you want to keep that in your circle?
Because, you know, reality is like when back in my day, when I walked uphill to school,
like the people who knew my opinions were like a couple people in my circle.
Now we have Dear Diary that's Twitter and Facebook.
We take everything that we think and we broadcast it to everybody.
We weren't meant to take out information.
So if you're in that kind
of public light, and this isn't like what you do for a living, then you might just say, you know,
as a policy, like maybe I don't want to comment on these kinds of things publicly, or maybe I'm
going to send a note to Andy privately or, you know, whatever it is. And it's not because you're
scared or you're bad or you're backing down, but it's just that's not how you make a living.
That's not your thing.
And not that you should have to censor yourself.
I'm not trying to talk about censorship.
I'm just saying, like, do we need to have everybody's opinion about everything?
You're talking about restraint.
And it's something that is maybe you could argue is lacking in society,
but it is a detrimental.
It is a very important aspect of being a human,
is restraining your body.
It is a wild animal that you are in control of, and it wants to do things.
So you need to be intelligent and, of course, control yourself.
You don't need to tell everyone everything.
That's not the definition of honesty.
Honesty is not lying to people, but you use discretion.
I don't want to sound angry about this.
Because he's in a band.
I'm sorry to interrupt you.
This guy's a musician, man, and so am I.
And this is so messed up.
That's all I'm going to say.
I think it's also just about sometimes just staying in your lane.
Not to say that the book thing isn't staying in your lane,
but just as a broader macro concept, talking about through the nuance of this,
is that I'm know i i'm an
expert on economic fine and financial things like people who don't know the difference between a
balance sheet and an income statement like want to come argue with me about stuff and it's like i
don't need your opinion on how to organize the economy you don't know what a balance sheet is
so it's the same kind of thing i'm not going to wade into like discussing the intricacies of like
medical decisions or you you know, those kinds
of things that aren't my areas of expertise. I don't think, and part of it is this is just a
nascent technology. We're not used to this level of communication. So I'm not judging anyone. This
is what we're all trying to sort this out and wade it through. But like not everybody needs to
weigh in on every topic, like pick the things where you particularly have that domain expertise
and maybe spend more time listening on some of the other things.
There's no upside to Twitter.
There's literally none.
Well, the upside is the connections, right?
That's true.
I've met some of the most amazing people.
I mean, we met because of Twitter.
We met because of Twitter.
We met because of him.
I saw one of your tweets last week, though.
Ancillarily because of Twitter. We met because of Twitter. We met because of him. I saw one of your tweets last week, though. A lot of the people watching,
I've met the most amazing
connections and I've collaborated
and that is the upside to Twitter.
But you have to curate that experience
appropriately.
I'll walk that back for sure.
The upside definitely is connections.
My
communication with Joe Rogan, which resulted in me going on a show.
He was following me on Twitter.
He DMed me.
We talked.
And, yeah, I think before Twitter, you couldn't communicate with high-profile individuals or celebrities.
It was just near impossible.
But I do think something interesting is happening where I think there is a push towards because of things like Mumford & Sons,
the celebrities are once again retreating from the landscape saying there's no point.
And what happens is it becomes journalists
or I should say activists.
So the largest component,
the largest community on Twitter
for the longest time has been journalists
arguing with each other.
That's the biggest component of the blue checks too, right?
Yeah, it's like a quarter of them,
or at least this was several years ago.
And so they argue about things in culture and politics, and it literally makes their careers.
They get a bunch of followers. Then the news outlets are like, oh, you have 20,000 followers.
Welcome aboard. We'll hire you. No joke. These news outlets will be like looking at some new
hires. I want to be a writer. Well, how many followers do you have? Because you're bringing
that audience to them, and they know that you can push stories out, get more traffic, make them more money. So their goal for many of these people is
to say offensive things, but say them tribalistically, which brings us to, I think the
problem, one of the biggest problems we're facing right now is Mumford and Sons, as you say,
shouldn't wade into this territory necessarily because this guy doesn't know anything about
anti-far politics. and so by him expressing
an opinion in favor of andy it's not his area of expertise he exposes himself the other issue is
that when it comes to the culture war you basically have one main rule say what your tribe wants to
hear or else people actually we see it all the time i mean mike cernovich tweets it all the time
where people are like i'm gonna unfollow you if you have a bad opinion or I'm not going to support your book.
And then he just says, bye-bye.
But that's not what most people do.
He retweets them and says, hey, see you later.
Here's the attention that you ordered.
I love – someone made the meme of the virgin and the Chad.
And it was like the virgin, I'm going to unfollow you.
And then there was the Chad, I'll follow you for opinions I don't like.
But it really does come down to that because I don't think it matters whether you're on the left
or the right you will get the same kind of pressure if you go against the tribe now the issue i
suppose is the left tends to be dominant in establishment culture so they have way more power
if you are james gunn you know you are the rare exception where the right was able to get him temporarily canceled.
But on the left, I mean, they can send a turn a tweet from a guy with 100 followers into destroying someone's life.
So that ties back into sort of big tech and the algorithm.
I'm sure that any of you who are on Twitter have noticed the kinds of things that trend are always bad, negative, baby types of things. I mean, even a lot of times they have the tweet level underneath them. And you'll see something where it's, you know, it's got like 1000 tweets or whatever. And it's like, you know, put right up there in the trend so that people can see it. And a lot of times it's calling out people by name. And it's, you know, that's the algorithm there. They could put up positive stories, right?
You could trend positive stories, but that's not what they choose to put at the top of the algorithm.
And we know it's not just based on the data and who's talking about it, because you can
see the number of tweets.
And there are things that have lots of tweets that kind of don't register.
And there are things that have very few tweets that all of a sudden, like, oh, you might
be interested in this.
Take a little smell of this.
What do you think about this?
What is up with people's obsession with drama and gossip and all that?
Human nature.
Why is that?
Human nature.
I mean, I guess it goes back to like...
Human nature.
Tribes.
Yeah, like tribes talking about, is that hunter a bad guy, really?
Like, is he going to hurt us?
Do we need to take him out?
So they would gossip about their tribe, I guess.
And now it's like all across the world on Twitter.
I mean, yeah, yeah, Twitter for sure.
And it's taken over political discourse and politics where we should be discussing what
business they're doing, how it's negatively impacting, what government is doing that's
negatively impacting small business, how it's impacting someone's life.
But you'll end up with a lot of people in this space who are more interested in, I'm
not going to say the guy's name, ambushing stephen crowder instead of actually having a legitimate conversation and turning
it into a drama moment for some clicks and then you see newsweek at you know coming out and being
like oh and it's like newsweek you're supposed to be a prestigious magazine how is this news
yeah you'll get you'll get people who will like see a tweet from someone and be like this is what
we should all be talking about and it's like half the time these tweets are get people who will like see a tweet from someone and be like, this is what we should all be talking about.
And it's like half the time these tweets are from people who are just sitting there like on their toilet.
And they're like.
And like you've got the most breakthroughs in science.
It's the most epic breakthroughs in science ever seen and witnessed by humanity in the last 20 years.
And like I don't see much laser spectroscopy advancement.
Quantum, you know, microscopes that are now able to see 33% better.
There's a new microscope that hits cells without heat, so it can see it like 25% more clearly.
It's like this, but humans don't want it though.
Millions of small businesses have been either directly murdered or like on life support,
and they want to talk about the drama moment.
What's the solution?
I mean, it goes back to us right at the end of the day this is like we're the ones that have to safeguard freedom we're the
ones that have to make better choices and your twitter feed literally is your own curation you
can curate it any way you want you can decide who to follow you can decide how to engage i was
sharing with you guys offline that like one of my best decisions for my mental health on Twitter was to not respond to
like provoking questions or explanations because it's just not a format in 280 characters to have
that rich, nuanced dialogue. There are people, there are other followers who will jump in and
have that and do that for them. But like for me,'t work i'm an empath i'm a problem solver like that's that's not a good
combination so i just think we need in every aspect we just need to be more intentional i mean
we're so lucky to be living where we are and in this time and this place in history and we just
take everything for granted and so we don't put the dollars towards the small business entities.
We don't curate more positivity and lift up more people in our Twitter feed.
We don't empower people to make better decisions.
And at the end of the day, America is great because of us.
It's not because of our government or even because of a piece of paper.
In spite of government, you know.
Yeah.
Well, let's read some Super Chats if you haven't already.
Friends, you can smash that Like button and send your Super Chats this way.
You can also go to TimCast.com, become a member to support our fierce and independent journalism.
And the Unsolved Mysteries stuff where I probably shouldn't have said it because we're so preliminary about, like, doing an investigation into the lost Confederate gold.
Someone doesn't beat us to it next week where
are you tim i can't wait i've been waiting for you
talked about it a week ago where is it yeah oh we got
somebody on it i want to sit in a room
made of gold and just vibrate
i want to know i want to
know wait i want to go back to the lost
confederate gold so if
you find the confederate gold is that
canceled the gold itself
because it's Confederate gold.
I think it would go to a museum.
Interesting.
Yeah, I think it should be.
You know they used to have airships?
I would be happy to manage it.
Dirigibles.
Let's read some super chats.
Okay, super chats.
And again, we'll have a bonus segment
up at TimCast.com,
so smash that like button.
GD Superfan says,
at least we don't have to read mean tweets anymore.
There is that.
There you go.
Jay says, we need a comedian with the courage to make fun of the ccp i got the idea that they are a high school
they're a high school student who is jealous that the u.s is the popular one they're starting rumors
to hurt the u.s's popularity i like that all right max thal says yo it's the chick in the suit from
twitter anyway would either of you bet serious money on Kamala being president by the end of 2022?
God help us all.
Yes, I would.
Really?
I'm not a betting woman.
I'm a risk-adjusted returns kind of lady.
What's the risk on that bet?
The risk is everything we don't know, right?
Information fits into risk,
and there are a lot of things we don't know there,
and so I don't have enough information.
I only bet when I... If you ever watch me playing cards and I go in, like, you know I'm going to win because I only – I play it like that.
All right.
Tyler Thomas says, is there a TimCast.com mobile app in our future?
Yes, there is.
And it will have the ability to play audio when your phone is off.
Like, not off, but asleep. Is that the right phrase?
So you can put it in your pocket and not drain your battery
and still hear things.
I know right now we have the members only thing, but it's basically
like a browser function.
It's preliminary, but the new website is
about the alpha will be
ready in only a few days and then we've got to do the tests
on it. And then we should have it up
around, I'm hoping, 4th of July weekend.
I'm excited. It often takes longer. Yeah, it always takes longer.
But we did a rush order, to say the least. And it's costly, but I'm like,
we've got to make sure this is working because, look, I'll say it, man, I was
completely overwhelmed by the amount of support we got when we launched the website.
And I guess after the first two weeks, seeing how many people
signed up, and it's, I don't know if I should say it, but it's massive.
It's ridiculously massive.
So I was like, I think we need to use this opportunity to hire journalists immediately, make a much, much stronger, more powerful website with a big company, start doing movies, shows, and we can make something really big with this.
It's a huge opportunity, and I'm eternally grateful to everybody who became members.
So if you don't like me, well, maybe you'll like Cassandra Fairbanks. If you don't like her,
but you do like me, well, then you see, I'm trying to bring in an eclectic group. And it won't just
be about whether you like my opinion or not, because we're going to have content for everybody.
We want to build culture and do really amazing stuff. So yes, that is coming.
And you're supporting the American dream. You're supporting decentralization. You're supporting economic freedom and independence.
And you are voting with your dollars.
Like, this is an amazing opportunity to support.
There are no investors.
There is no outside funding.
I've had people come here and say, so who, you know, how is this funded?
And I say, it's just me.
Amazing.
Like, just you.
I'm like, yeah, yeah, yeah, only me.
It's the way to do it, man.
It's the way to do it, man. It's American dream.
This is what people come here
from everywhere around the world to do.
Companies become so much more agile
and functional when they don't have
outside investment, from my experience.
I've built companies.
I mean, more or less.
I've worked with Maker Studios
in the early days
and I helped build mines
from the ground up.
Having Tim, as agile as he is,
it's incredible,
the value of this company
just because of the solo investment. It's amazing. The value of this company just because of the solo,
the solo investment.
It's amazing.
All right.
Tater Nub says,
why fantasize about the dystopian future
when we could bask in the dystopian present?
History books are going to be far better
than fiction ever was.
That's a good point.
Yeah.
1984 was not supposed to be a how-to manual, right?
Hey, but it's fun.
And I got to say,
I've been a bit more optimistic lately, especially that interview we did with Steve Bannon.
I thought that was amazing.
He's a very, very smart guy.
That's worth subscribing to the website alone to see the after thing with Bannon.
Man, that was great.
And let me also say, you know, this online retail revolution, ape community and whatnot, also a lot of optimism there.
Because think about how far
that's come from Occupy Wall Street 1.0. Instead of just standing in the streets kind of disorganized,
like, oh, we don't feel bad, but we don't know what. They're actually putting their money where
their mouth is. They're saying we want to participate in the wealth creation. That is
such an optimistic step in the right direction and getting more people involved in the wealth creation
process and now we just need more resources and more people to step up and empower them
right on wolfstar says here is a test tim will you accept money from someone who who uses is
nameless on youtube you'll take my money but won't accept my opinions how hypocritical because it's
nameless people with opinions who support this is interesting it's based on uh uh this this tweet i made where it was uh literally a
subtweet but i tweeted um stop responding to people who don't use their name and have and
don't use a real avatar and you'll see political discourse improve and boy did this like have a
mixed response a lot of retweets but uh it was it was not the biggest ratio in the world but i got
ratioed on this and then i had people being like – one individual made a YouTube video claiming I was telling people to dox themselves and I was having a meltdown over this.
Meltdown.
And I'm like – I got to be honest.
I was like – what was I watching?
I think I was watching Outer Limits.
I'm sitting on my couch and I'm just like – like drool coming out of my mouth.
Like I was eating an Italian beef sandwich and I'm just like –
And then all of a sudden people are like storming and raging
and I'm like whatever I'm not going to apologize
I won't apologize to leftists
I won't apologize to people who want to be
nameless avatars on the internet
my point was very simply if I'm going to engage
in discourse with somebody but I'm
visibly present with my
name behind all of my words
the discourse is typically better
when the other individual has the same levels of exposure and risk as you.
Because when people don't, they can say a whole lot of crazy things knowing they will never face any repercussions.
They have put nothing on the line to make those statements.
I understand.
Anonymity is very, very important.
I did a thread about the Founding Fathers, which was partially related but kind of not really.
It's because I saw this meme.
There's a meme that goes around talking about all the sacrifices made by the founding fathers we were in a conversation
about juneteenth so all this stuff's in my mind and all of a sudden i'm hearing that i'm against
anonymity and i want poor people doxing themselves which i it goes back to the lack of nuance when
you have a limited amount of characters and you're just like throwing out a random like idea that you
know what's going on in your head and then people put it out there and a couple characters and like completely read a million things into it and then oh well you said this
but you didn't say this and i saw you defended this part it's like it's just a little blip of
a thought yeah and if you if if there's people out there if they they're like tim's doubling down on
this and i'm like oh yeah i doubled down when i insulted the leftists too like you think i when i
say never apologize do you think that means i'll apologize to you? Look, if you got mad about something I said, I don't know, like
sometimes we disagree on stuff, but I will say this anonymity is fantastic and important.
That's why we've had a lot of discussions about anonymity versus using your real name. I obviously
know the founding fathers run under pseudonyms before, but it was when they used their real
names and made those assertions and declared that they would put their lives, their honor,
and their families on the line.
That was the profound move.
But I will make one very important point to those on the right who, for one, please don't
look too deeply into what was a passive subtweet, for one thing.
And I don't apologize for having opinions.
I think my point is true that if I'm going to have a conversation with someone hiding
behind a wall, I don't know who they are or they're wearing a mask like they have certain
advantages over me.
That's not same level of risk.
But I will mention there are dozens of stories.
There was one story not that long ago, September, where a teacher wore a Black Lives Matter
mask at work, refusing to back down from her ideology and was threatened with losing her job. And she said, I refuse. And they fired her. There was a man at Taco Bell who wore a Black
Lives Matter mask and they said, take it off or else. He says, never. And then I get people
tweeting at me saying, I can't lose my job. And I'm like, that's absolutely fine. And I understand
that. And I've stated on the show numerous times, I can respect people who have families and say,
it's very hard for me to do. I understand it's much, much easier for me because I don't have
kids to make a lot of these moves. I've never hid behind that or claimed it wasn't true.
But you need to understand that even though that is true, and I respect it,
the advantage the left has is that they're absolutely willing to sacrifice themselves
for their ideology. And many on the right or the anti-critical race theorists, the anti-SJWs
and conservatives are less willing to do it. Not completely, but it seems to be at least a tendency at the very least.
Because these people are willing to go out.
And perhaps it's interesting because they know they have less risk simply by virtue of their institutional infiltrations.
But I believe that their institutional infiltrations are built upon the fact that they're willing to not back down.
And that gets the media on their side.
The squeaky wheel, that gets the grease.
So there's a big challenge in whether or not you should stick your name on everything you say.
You probably shouldn't.
But there is an important point that I believe that if every single person who opposed wokeness right now at their job said it, it would be over.
Because the polls show it is a
microscopic fraction that believes these things. And if every single person said, I will not comply
with these policies or I will file an EEOC complaint, it would be over. The challenge is
the left is all about collectivism and organization, and the right is all about individual liberties,
less willing to do it. I think there's this interesting thing, and it's part of one of the
takeaways that I was hoping to make in the book think there's this interesting thing, and it's part of one of the takeaways
that I was hoping to make in the book,
The War on Small Business,
about decentralization,
is I think there's a way to be individual
and come together.
Collectivism is for the good of the group.
Individuals coming together,
people who are like-minded,
who are using each individual thought, but they're all coming
together to have a little bit more heft.
And so I think there's a different way to be able to do that.
And so for something like Wokeness, maybe it's that they're all doing it privately,
that you get 100 people who pick up the phone and all call the representative privately
so that you've made your point known,
but you haven't put it out on social media.
Whereas we've just talked about a segment before.
That's not your lane of expertise or it's not your diary.
You don't need to be on everything.
But if it's something that's important to you, you don't want to have it broadcast.
I think there's a way to do that that's not necessarily in the public domain that's still effective.
Here's one of the challenges.
The left has institutional power. And many of these younger millennials on the left
have much less to lose. But when they tweet something like 50 tweets will hit a major
corporation saying you're racist for X. They can be pictures of bunnies and squirrels and communist
squirrels and Che Guevara avatars, but the company fears the left ideology.
And so even with anonymity in this regard,
it could be one person sending all these messages.
The company assumes we're under attack.
There was a joke, I think it was maybe Family Guy.
They were like, we received 70 calls last night,
which means 7 billion people are upset with us.
Now here's the issue.
If real people with real names who have
their phone numbers or their identification complained, the company does recognize that
we're getting hit by actual bad reviews. And so these are tactics that the right have implemented
that have worked, like giving one star reviews on apps and things like that. But that could be
anonymous as well. So I'll put it this way. If 30 communist squirrels and clown pictures emailed a company, they are scared of the
ideology.
But if 30 anti-woke real people emailed, that has equal power.
If you're using an anonymous account and you're saying I'm right wing or whatever, they disregard
it.
They're not scared of that.
But they are scared of actual people.
So you look at what's happening in these schools these mothers these fathers they are standing their faces shown names out there one
guy gets arrested refusing to back down they have put these people these loud in the london county
have put their names on the line to fight for what they believe in and it's sending it's having a
ripple effect across the country which is very effective so yeah and by the way that's a place
where they should be doing that. That's their kids.
That's the thing that they're in charge of.
And I think that's the point about picking your battles
and really doubling down in those areas
that you're passionate about,
that you have the most expertise,
that you have the influence.
I mean, those are the battles that should be fought.
Not every battle needs to be fought that way.
It's tough.
You know, strategic retreats
make sense definitely anonymity is super important because you see like the soviet union i mean they
would root people out and execute them put them in gulags if they if they could figure out who
they were so if you got the minds is an anonymous social network which is almost sounds like an
anomaly or like um uh but basically you can you can peer you can like peer validate who you are
without actually showing who you are by being like, I like dogs.
I like Skittles or whatever.
And then they're like, yeah, that's Ian.
That's Ian.
That's Ian.
But you never actually say who you are publicly.
That's a form of anonymous social networking.
But, Tim, I'm so into what you're saying about not – what I take is don't argue with faceless masses of people.
Don't argue with people that aren't speaking with their voice.
If it's writing on a wall and you have to go check on it, it's just it is such a waste of time and energy.
And personally, it infuriates me to go through that.
And like you said, they don't have the risk.
When you're anonymous, you don't have the risk.
You don't have to back up what you say with who you are.
So you can be a lot more ruthless and like you can say stuff you don't believe and
there's no repercussion so i do love people claiming that i'm a grifter while i'm simultaneously
having people attack me saying they won't support me anymore and there's and i've become a monster
and things like that it's like i'll just i'll just okay so i'll apologize this is very curious
to me i love this so like what is the actual grift like i'm trying to because i'm
into really into business models and scalable bit like what like like what's the grift by
angering my own audience the left who hates me will continue to hate me and i'll just lose money
that's a really bad grip let's have let's have a let's have a brainstorming session a strategic
business session i'm not i have to uh look if i if i say never apologize
you know i mean it what i what i mean by never apologize is if i genuinely think i did something
wrong i'll apologize so when i that's how i am too like if i'm sorry like i'm super sorry and
you're gonna hear about it but it's not very often i tweeted about andy no and then like the next day
i looked at the tweet and i was like that was really crass like I probably could have articulated this
better Twitter sucks and so I
said a couple times like I
probably should have expressed myself way better
I was frustrated I was having this heated conversation
I see this and I got really angry but you're a human
being you shouldn't be expected to
like communicate perfectly at all
points in time like who
again who are you apologizing to
Andy okay so you you apologizing to?
Andy.
Okay, so you're apologizing to... Okay, so if it was to him...
It was a press tweet.
If it was to him, I get it,
but if it was to, like,
you know, like, people, like,
make apologies to the Twitterverse,
like, I don't know why you would apologize
to the Twitterverse for doing that.
I think apologizing to the person,
I get that.
Yeah, yeah, yeah.
I stand by my opinion on it 100%
that, you know, Andy should be leading the charge
and not personally being down in these groups.
He should be teaching people to do these things.
I'm not saying it's easy, but I could articulate that better.
So like a ninja academy because that's like a better business model.
Well, like right-wing watch but for regular people who don't like extremists like Antifa, you know what I mean?
Or like the ACLU maybe before they lost their way.
But when it comes to like me saying you have better political discourse with people who have their
names and everything, I mean, I think that's just true. And it's not because every single person
who is using an avatar or a fake name or a username is a bad person. It's because there
are a lot of people trolling. And it's because when i'm looking through you know my tweets and my and my responses and i i i respond to people every so often it's it's it's it's pulling it's you're
trying to pull a name out of a hat and hope you're getting the honest person out of a group of people
who have communist squirrel accounts that are just yeah that's that's such a huge thing for me too
is that like i'll have any discussion except for ones that are in bad faith and also on twitter
because i just don't think
it's a good forum but but in terms of like actually like kind of getting into things
like if you're coming at something in bad faith like there's just no point it's hard to know for
sure but we should definitely get to super chats because i don't want to um miss what
well so that yeah so so this is the people are saying you know that was that was kind of the
point like oh you'll read an anonymous super chat, but not respond to someone on Twitter.
Not argue in text.
Don't waste your energy arguing in text if you don't have to.
That's a good rule.
Yeah.
And, and I'm going to try, look, I'm going to read this one right here.
Channel 404 says, Tim, you are truly no better than the corporate media peddling fear and
despair and drooling at every mention of war.
Shame on you.
Oh.
Okay.
Like I'll take all the criticism and I'll read it.
And I'm just saying, like, I'm not going to get dragged on Twitter by the communist squirrel
anymore.
You know what I mean?
It could be me, for all you know.
Don't bite.
Ian sitting there like, ah.
I mean, to be fair, the communist squirrel, like, they don't have a choice.
If they stand up against it, then they're squirrel no more.
So, I mean, I kind of give this the communist squirrel a pass. You know,
I absolutely think
writing under a pseudonym
and anonymous publishing
like the Founding Fathers
it is great.
I'm just saying
I'm not going to.
No, I mean,
I mean,
the actual communist squirrel
like he doesn't want
to be a communist
or a squirrel.
Well, maybe.
Yeah.
No, he's just a cute squirrel.
But now the communists
have him.
And so he can't speak out.
They're actually
they're actually
a communist squirrel account.
It's really
poor Richard's Almanac. Are you guys familiar with poor richard's
almanac yeah for like 40 years he was writing under a pen name because it was too dangerous
i think to speak up he was exceeding the anti-british propaganda for like 30 years
and alice in wonderland was considered to be like subversive allegory because you would be in
trouble and i i get all that uh i'm just saying i am not going to or I'm going to say I have better.
I didn't even say I just like squirrels.
I have better.
I just like squirrels.
That's just at the end of the day.
I love them.
I like squirrels.
I'm just putting it out there, guys.
If you're a squirrel, I like you.
All right.
The Civic National says Britain has been the underdog throughout history.
Many have tried.
Few have succeeded.
Let them come.
Our spirit will never break.
A view said Thucydides
trap. Brexit was a success.
Britannia will return to her former
glory. God save the Queen. The Civic
Nationalist, I'm a big fan. I love your
enthusiasm and support for your country.
And I really do love
the Civic Nationalist super chats about
the difference in perspective between
the American Revolution that we've had this conversation.
So when we talk about the UK and we're even a bit dismissive, I respect your defense of your country.
Happy Fourth of July.
Absolutely.
Downey Jr. says, HMS Defender is part of the carrier strike group CSG21,
which is on tour and heading to South China Sea.
Give it a Google.
Wow.
Boris Johnson wants UK to be the best naval power in EU again.
Also, Russia always entering UK waters. Amazing.
Good for him.
All right. Ted 2 says, Tim, your take on the Crimea exchange sounds a lot like supporting a modern day Tonkin Gulf incident.
I implore you to pause, reassess and look into the details further.
I don't think your assessment was accurate.
I'm not sure which specifically about my assessment you're referring to, but I'm not an advocate for for any war or conflict.
I'm we're seeing Russia make claims or maybe it's my assessment that I'm saying the UK saying Russia never filed fired a warning shot.
I don't believe the UK in this regard.
I think Russia has no reason not to fire a warning shot.
Like if Russia said they fired a warning shot, they could easily just go pow.
It's a warning shot, you know, and the BBC journalist said they heard shots fired, but the UK says it was a training drill or something.
So, yeah.
Justin Dubay says you should try and get immortal technique on the show.
Oh, yeah, absolutely.
All right, let's see what we got.
Liz Scars says, a special guy in my life is going through a tough medical ordeal.
I would really appreciate lots of healing wishes for Mike, Jules, and Chula.
It's going to be a long summer, but we're fighting this with you. We love you, Mike. Yeah.
Shout out, Mike. Yeah, lots of prayers.
Tyler Klovik says,
Man, they got mad at me for saying that.
It's so weird the mainstream media is like,
how dare you claim that a guy who said he would never end his own life, ending his own life as a conspiracy, they got mad at me about that?
I'm like –
Here's a question I have, and I honestly don't know the answer to this.
Are there photos?
Do we know that he's actually dead?
No, that was my question.
Did he fake his death?
So not to take the conspiracy theory, but do we have a confirmation on this?
Yeah, I don't know.
I don't know. I don't know.
Where's the picture?
I mean, like, I don't know that he's, I mean, this is just what's been reported, right?
All right.
So we got two comments here.
Beltazad says, I'm a trucker in the Northwest.
There is a shortage of drivers here.
Have a good job paying $30 an hour, but switching to tanker because it's two times current pay.
Wow.
And the Lone Raptor says, I work for the biggest freight company in the southeast and i can confirm that there is a
trucker shortage as well as a freight handler shortage in our company too much freight not
enough workers wow wow yep it's like right on the verge of automation uh another comment saying uh
from tim miners i'm a trucker in california there is a driver shortage especially in fuel
i'm about to get a job hauling fuel since it pays $6 to $7 an hour more than what I make now plus lots of hours.
Get that money.
Get that cash.
I love it.
Thank you for super chatting that.
The market is healing.
Oh, yes.
The market has said we pay more, but gas prices are going to go up.
And then everything else is going to go up. But again, remember that the only reason there was this shortage
is because the government disrupted the market
and created the situation that dislocated people to begin with.
So this is not the market deciding this needed to happen.
This is the coming out of the after effect of interference.
All right.
We got Travel by Day says,
I got a weird call from the air force the other day
they said they were going over old applications they asked if i was still interested i applied
in 2008 wow that's strange all right how do we know it was the air force and like not one of
those like sam calls because i'm getting all kinds of weird stuff too yeah have you ever get
those calls where you answer
and it's just a recording
of someone speaking Mandarin?
No.
I always get a woman
with this really annoying voice.
I don't know why they always have it.
It's like,
your warranty has expired.
It's like,
do you really think
that that's going to get me
to call you back?
Like, come on.
Take the pitch down
a little bit, lady.
What's up?
All right.
Rowan Thar says,
Carol was absolutely right
on so many parts of the U.S.
wanting to hire but not being able to get workers. I just moved to a rural area for AG work and I'm
working six days a week and employers want more. Wow. I'll mention too, I think we have a couple,
we've had like a couple thousand requests for work to work here. So I certainly think that
passion is a driving factor and that's why I kind of feel
like there's some truth to people want a fulfilling job. They don't want to just jump back into the
labor market with something they're going to be unhappy with. They want to take the time to find
something, you know. Which, by the way, I want to say, this is an important point, is that is
capitalism as well. The fact that we have the privilege, there are people across the world who
can barely support themselves, let alone choose how to support themselves, let alone do so by pursuing a passion.
The fact that you can make those choices, the freedom and choice, that is capitalism.
It's not always about the dollar things.
It's about having that freedom and choice.
So good for people who say, you know, I'm not driven just by a dollar freedom and choice.
I want a passion freedom and choice.
All right. Let's see. Where was I? Where was I want a passion freedom and choice. All right.
Let's see.
Where was I?
Where was I at?
I just lost the.
OK.
Bobby Bob says, what is the best argument for and against $15 and what would happen
if it's passed?
OK, so I'm assuming that's directed at me.
I am against any sort of interference in the market at all, and particularly putting it on a national basis where you've got
every single person in every age group in every place from Arkansas to New York having the same
thing. If you do this on an artificial basis and you kind of go up the chain, what's going to end
up happening is you're going to keep more people who are young and low skilled out of the workforce.
You're going to end up driving up the cost because it's not just that person whose wage, that unskilled laborer whose whose wage is increased.
But the person above them then wants an appropriate increase.
The person above them wants the appropriate increase.
Suppliers and vendors are all dealing with the same thing.
You're going to end up paying twenty three dollars for a slice of pizza or the place is going to shut down.
And the person who is now making $15 an hour is not going to have any more spending power.
And then they're going to say $25.
Right. So you cannot do that.
Let people, your work, your choice.
Let people make those decisions.
We're seeing it now.
There's 9.3 million jobs that need to be filled.
We don't need to artificially continue to increase the wage.
There is no good argument that, as Thomas Ellis said, the actual minimum wage is zero. And
if I have a tweet on this, if you want to go at Carol J.S. Roth and minimum wage,
the minimum wage is history. I also talk about this in the book is is actually keeping immigrants
and women and people of color out of the workforce. Like that's the point of it is to keep
people out of the workforce. It has the same effect it, is to keep people out of the workforce.
It has the same effect today.
All right, so I did see one chat where someone said
that we should have Carl Benjamin on the show.
And yes, any time.
If anybody has an open invite, it's, of course,
Carl Benjamin of the Locust Eaters podcast,
and, of course, Count Dankula.
But they're across the pond,
and there's a bunch of travel restrictions.
But the moment they have an opportunity, not only that, but I i say this of anybody be it someone on the left or the right
when they host their own show it's hard to ask someone to stop doing their show to do my show
because it's kind of like a favor it's not like we pay people but uh carl man we love you we'd
love to have you on the show whenever you have any availability lotus eaters right you said locust
it's not like you said eating bugs, dude. It's on the brain. Locust ears.
It is.
It's the cicadas.
Joshua Ryman says, Ian, I love you.
Thank you, Josh. I feel like now instead of being the devil's advocate, you serve a greater purpose being yourself.
Keep being you.
Dude, we have an opportunity to help a lot of people.
And if it's anything but bringing people to see this crappy don't buy houses manipulation stuff
to bring in amazing people in
to talk about their expertise. Tell me, Tim.
I just need to
be honest with everybody and tell them the
real reason we started this podcast. It was because
not enough people knew about graphene.
We're about to, though, and I have it right here. Thanks for bringing it up.
Are you familiar with it?
I am not. It's monolayered
carbon, hexagonally latticed, and it's got incredible mechanical properties. It's monolayered carbon hexagonally latticed and it's
got incredible mechanical properties. It's
electrically conductive, super capacitive.
It's like a semiconductor.
It's going to be a 21st century industry.
Ian's talk of graphene
got me to literally invest. I bought
stock in a company that produces graphene because Ian
wouldn't stop talking about it. I'm like, I'm just going to...
I have stock in it. How's it doing?
Really well, actually. 2028, 2029, we was going to, so I have stock in it. But I was just- How's it doing? Really well, actually.
Yeah.
There you go.
2028, 29,
we're going to see
mass inflection of graphene.
Just hearing like-
The next meme stock
is graphene.
Probably, yeah.
Well, like, you know,
I agree.
It's a wonderful material.
But when Steve Bannon's here
talking about the economy
and then Ian went into,
like, we need to get
American manufacturing
of graphene,
I laughed.
I bust out laughing.
But Steve Bannon was like,
yeah, like,
we should be manufacturing new materials
and becoming the hub for this.
But it was just like,
it was the greatest moment of the graphene argument.
I love him.
Yeah.
He's so open-minded.
All right.
I'm going to read this one.
It's drama-y, but...
LMV says,
Hi, Tim and team.
Did you see the video The Quartering made
saying you had a meltdown?
I watched it.
He's all over the place.
Looks like clout chasing to me and maybe a little grudge over that scheduling issue a few months
ago i'll be honest um i'm not i i get drama videos made about me all the time by like people on the
left there are people on the right i guess there's like some weird you know nazi meme about me
because i don't know whatever but it happens all the time i was just kind of like i it was one
tweet it was like i tweeted like this like two like it was like a tweet and then like i did like
three responses to it i don't understand why that's a meltdown meltdown or like how it was
advocating people dox themselves so i just tweeted i tweeted at him like okay kathy newman like
so so you're saying you know so you're saying or whatever
and i'm like dude i don't know i didn't i i people can make videos about whatever they want i'm i
it's the weirdest thing to me is people are like tim so egotistical and arrogant and i'm like i do
say i am but i'm also willing to accept that people make fun of me all of the time they called
me a bald cuck they make videos saying i'm having a meltdown they're allowed to do it i respect their right to do it and i'm an adult and i just say all right
you know but i will say um it it brings up an interesting conversation and i'm interested to
hear what people think and you know so whatever yeah so uh jeremy's allowed to not like me he's
like he's highlighting uh what basically what we've been talking about that there's the value to anonymity but there's also it's hard to communicate through text with with
anonymized so i mean that's also very difficult i think that discussion with you and jeremy would
be a very interesting one to watch i am just annoyed that they've devalued all these things
like meltdown and owned because like every time i click on something it just doesn't get the payoff
and i just feel like if you're going to say
somebody's having a meltdown or they were owned,
like it's got to be really good.
Like the bar is really high.
We're in 2021 now here, people.
So step up your meltdown games, okay?
I think, you know what really bums me out is
I was talking to another prominent personality over this
and they were like, look,
like you shouldn't get wrapped
up in this you got to stay focused and i'm like i am you know like i tweeted people i get into like
troll wars and stuff and people get all worked up about i don't care but i will say one of the
most demoralizing things is that there are a lot of prominent personalities who have an opportunity
to lead and i get frustrated when they don't and people get mad at me because because like you know
in the conversation i had with banannon, I was mentioning like,
we're trying to build all of this stuff.
Timcast.com,
we're trying to hire people
and make journalism happen.
And I don't understand
why so many other people
don't do the same thing.
Because I know how much money
some of these people make.
Very prominent personalities
on Twitter and on YouTube
who are making...
Mentoring opportunities,
uplifting opportunities,
abundance mentality mentality help bring
empower other people this is exactly the conversation we've been having but they just
buy like material things for themselves and they're allowed to i'm not dragging people for
wanting stuff i'm just saying i wish that we had a little bit of the ideological fervor in regards
to classical liberalism freedom and even conservatism
and like traditional liberalism as the leftists have for wokeness like their zeal and their
passion and their fearlessness and their rage exists in much smaller quantities in the anti
establishment anti-woke and conservative space yeah i'm obsessed i mean i'm i'm i'm fire in this
realm i think this is why decentralizing social media and the Fediverse, the future of interconnected,
decentralizing the economic system with cryptocurrency, decentralizing obviously the military, small
businesses, it's so important.
And you want to get people excited about it.
I went to school for acting.
This is why.
Because this stuff's boring as hell.
But you want to make people excited about it.
Coding.
And the crazy thing is, you don't have to forego the Ferrari to make the investment.
It's just delayed gratification.
Because if you uplift more people and you're sitting on top of that, then you end up making more money.
They end up making more money.
And you can buy two Ferraris down the road.
This isn't like an either-or choice.
There's so many opportunities. and it just kills me.
And I don't know if people don't have the conviction to do it.
I don't know if people don't have the knowledge.
Or I don't know if people don't want other people to know that the opportunity is available to everyone.
That it's an ego thing.
Say like I'm special.
I've somehow like figured out this special sauce and you can't.
Instead of going like no pretty much everyone can figure this out i will say in in jeremy's defense it's actually
um casey neistat one of the like you know godfathers of youtube in terms of vlogging
especially people asked him about clickbait and he said the reality of youtube i'm paraphrasing
is that either you find something that will convince people to click and watch or you fizzle out and disappear and YouTube doesn't promote you or support you,
and then you get no traffic.
So he was like, it's the conundrum of YouTube.
You're upset that you're using certain titles or saying things certain ways,
but then the alternative is just not existing at all on the platform
because it really is about drama and catching people's attention and things like that.
But I will address one non-super chat from Mr. Obvious who said,
I don't make enough to buy a fancy outpost, Tim. We aren't all rich through grifting.
And so this is another thing that I tweeted. People say that it's easy for you to say these
things, Tim. You have all this money and you can do all these things. My response is I am not only
calling out the establishment because I'm successful. I am successful because I am
calling out the establishment. I had a contract with, I'm going to publicly state this.
It was on the members only thing, but I'll publicly state this right now
because it's been a long time.
I was given a check for $200,000 just about by ABC News Univision
as a sign-on bonus that we want you to start the company here
and here's the check.
Literally that day I was staring at it and they said sign up with us
and they gave me $250,000
a year salary, plus a massive budget, which amounted to millions of dollars in terms of
being able to produce and do all these things. And I tried breaking that contract and walking
away from it. So people say, it's easy for you to say, Tim, you owe all this money.
But my whole life, even when I was broke and homeless, I filed a lawsuit against a company I worked for for violations of labor laws and things like that.
And that made me unemployed for months, unable to move because of ongoing litigation, and
on and off homeless.
So what I mean to say is if you're unwilling to take risks, I'm not saying you have to,
but no risk, no reward.
For someone like me, it's not the fact that I'm successful that gives me the opportunity to do risks. I'm not saying you have to, but no risk, no reward. For someone like me, it's not the
fact that I'm successful that gives me the opportunity to do it. It's that by refusing to
bend the knee to ABC and all the money they offered me, and I've told the story about one day I wake
up and they give me an extra $40,000, just boom in my bank account, play ball. That's what it felt
like they were saying to me. And I still said no. And then I leave and I start my own thing. And my obstinance and a bit my arrogance and my unwillingness to bend the knee to these
corporations leads me down that path of constantly building and fighting and doing what I believe in.
I understand not everybody can do that. And I understand a lot of people think it's arrogant
and egotistical of me and I'm bragging and all that stuff. I don't know how else to say it.
My point to most people is if you believe in yourself and you take the risks, you very well
may fail or you very well may find that on the other side of the fire is freedom.
And let me just ask you this. Do you believe other people could do the same thing?
I believe everyone could.
There you go. And that's the point is that anybody, if you want it, risk and reward,
like you said, if you want to take the risk, you have that opportunity and you may not,
everybody may succeed, but you'll have that potential to succeed.
And having the abundance mentality lifts all the boats.
Skydiving.
It's really scary to take that leap out of that plane.
Yeah, I don't do that.
And they make people go tandem first, right?
And people do die skydiving.
I know a guy that did.
Rock climbing. It's very, very scary to be 500 feet up
with the spikes securing your position,
and a lot of people do it, and some people fall.
And then there are these people,
and this is the craziest to me,
you see these videos of these Russian guys
who are standing on the edge of a 100-story building,
and then they hang from one arm and they're laughing.
I don't know what the reward is for that.
Yeah, I'm not sure.
That's all risk.
I'm a risk-adjusted return kind of gal.
None of those things are produced in the return for me.
If they do for you, God bless you.
But that's where that personal risk-reward evaluation has to come into play.
So my view is when you take a risk and you throw yourself out there
and you challenge the system,
it is very possible that you end up living in a van down by the river or maybe you don't even have a van.
But I suppose if you're not willing to take those risks, I will – you know what I'll do?
I'll do a Star Trek reference.
I love The Next Generation, by the way.
We always Star Trek reference here.
Picard has a fake heart.
Captain Picard in The Next Generation, he has a fake heart because he got stabbed in the back because he got into a bar fight.
And he wishes he didn't do it.
He was so impertinent in his youth.
And so Q, this powerful, omnipotent entity, sends him back in time to change his circumstances.
And Picard decides to use this opportunity to stop the fight and save his heart.
And then when he returns to the future, he's no longer a captain.
He is a low-ranking lieutenant science officer. And when he goes to Commander Riker and says, do you think I have what
it takes to be in command? Riker says, let me be honest with you, Mr. Picard. You have never stuck
your neck out or taken the risks required to show the initiative to be in command. So no, it is not
realistic. And then Picard says, enough, Q, you've made your point.
That impertinence in his youth
and that arrogance and that risk-taking
led him to be one of the greatest captains
of all time in Star Trek history.
And there you go, Star Trek.
I love that I also just say,
over the course of my career,
when people say,
what is sort of the number one thing
that you would tell yourself
in terms of going back in time,
advice and stuff,
and it is take more risk,
especially when you're young
and you don't have things to lose.
Like you don't realize,
like it takes almost the same effort
to think small as it does to think big.
The Economist says,
Jeremy said several times he respects
and likes you and your grind.
Also going bald young means you have high testosterone.
Breaks my mind with stutter.
Look, like, I
like Jeremy. I think his videos are great.
I think he covers good topics.
I like his opinions.
And we disagree on things.
And when I tweet at him calling him Kathy,
I'm laughing, and I hope
it's frustrating him getting trolled.
And I hope he assumes
I'm laughing, too.
I think Jeremy will end up back on the show.
And I think so long – I just think it's funny.
I think we all have thicker skin on like whatever this side is of the culture war.
And I just find it fun and funny.
And these are good ideas to work out and good arguments to have.
So Jeremy is always welcome back.
We had a scheduling issue that happened last time and it was really frustrating for me.
And I apologize to Jeremy over everything that happened.
These things happen.
But I got no beef.
I think Jeremy's great.
I'm glad he's willing to smack talk.
Absolutely.
Because if the right was full of people who were unwilling to be mean to each other
and they couldn't be adults about it and move on,
it would be as bad as the left.
You know what I mean?
He's smart, too.
That's what's nice about his trolling
is it's perceptive.
I love you, Jeremy.
All right.
I love you.
Let's see.
We'll just do one more.
We've gone a bit long.
Phoebe Mansour says,
Thank you, Carol,
for validating every reason I based
developing my new business,
shopeverytown.com.
Thanks to Tim and team.
Wait, so that's shopeverytown.com?
shopeverytown.com.
I'm going to check it out.
Thank you.
Right on.
My friends, thank you all so much for hanging out, for super chatting, for smashing that like button.
And being members at timcast.com, sign up.
There's going to be a bonus segment coming up.
It should be up around 11 or so p.m.
You can follow us on Facebook and Instagram.
I know, I know, Facebook, meh.
But we're hoping to leverage that network to guide people to timcast.com.
So we're on Facebook and Instagram at TimCast IRL.
By sharing our videos, it's the marketing power.
It's how we compete with the establishment.
And it works really, really well for The Daily Wire and Ben Shapiro.
And they're growing like crazy, and I'm happy to hear it.
You can also follow me personally at TimCast and give us a good review and all that stuff.
TimCast.com, like button.
You want to shout anything out?
Perhaps a book, your social media?
All right. So I've been promoting myself this whole time, so I'm going to let you promote the book. view and all that stuff, TimCast.com, like button. You want to shout anything out? Perhaps a book, your social media?
All right, so I've been promoting myself this whole time,
so I'm going to let you promote the book.
The War on Small Business,
How the Government Used the Pandemic
to Crush the Backbone of America
by Carol Roth,
a New York Times bestselling author.
I strongly suggest you read this
because one of the biggest subjects
on this show is how
we saw the largest transfer of wealth
from the working class
to the oligarchs. And we need to understand how it's happening, why it's happening, what they're
doing. And knowledge is power, my friends. If we're going to combat this centralization of
power and authoritarianism, you need to read books like this. Get it to number one on Amazon.
And what was the other website you mentioned? And bookshop.org.
Bookshop.org.
So that way other people will see it, other people will read it,
and they'll share it with their friends, and these ideas will prevail.
Yes, and I'm also on Twitter at Carol J.S. Roth.
As I tell people, I'm sort of a luxury brand.
I'm well curated, kind of popular, but definitely not for everyone.
I like how you put that.
Thanks for coming, man.
And thank you so much for investigating this and writing this.
Thank you.
You guys can follow me at iancrossland.net
and at Ian Crossland along all lines of social media.
You can also follow the show on Mines,
which I want to shout out a little bit more
because I love that decentralized aspect of social media
that Mines has been working on with the Nomad system
and other things.
And follow me there as well.
Thanks.
All right.
And you guys, I've really been thinking about the topic of grifting
because we see it thrown around so much.
And I came up with a definition because I love my definitions.
The definition of grifting is something done in bad faith for money or clout.
And as far as I can tell, based on everything I know about Tim and our company here,
that is the antithesis of what we do.
You guys are welcome to follow me at Sour Patch Lids on Twitter as I try to get more
followers than Sour Patch Kids.
You know, I'll add one last thing.
There are a lot of people who, for some reason, it's the weirdest thing to me.
There have been some leftists who haven't made it to this show, but wanted to, but then
canceled.
And there are people saying, like, Tim is scared to have leftists on the show.
We're organizing to have Vosh on the show.
I really enjoyed the conversation and the debate.
We have two other leftists who I want to have on the show,
and people in the chat are mentioning Mr. Obvious.
And I guess some people are saying that, like,
I'm angry about his comments or he's trolled me or something like that.
No, I got no beef.
I don't know his circumstances, but we would absolutely have –
we'll look into it because some people have mentioned anonymity, so if that's
not possible, it's not possible, but people are like, have him
on the show. It's like, alright, well, Ms. Ravya,
send us an email.
Send me an email, send what, Spin the UFO?
You still checking that one? Yep. And then we'll
try and figure out what's up. And then for everybody else,
we will see you over at TimCast.com
for the bonus segment. Thanks for hanging out. Bye, guys. you you you you