Timcast IRL - Timcast IRL #734 SVB Historical Bank FAILURES Spark Fear As $100B WIPED OUT IN A DAY w/Drew Miller

Episode Date: March 14, 2023

Tim, Ian, Phil, & Serge join Drew Miller to discuss Joe Biden telling the American public not to worry about the Silicon Valley Bank crash, BuzzFeed announcing their money is stuck with SVB, the colla...pse of regional banking in America, & the dangers of Bird Flu affecting humans. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Starting point is 00:00:00 So maybe everything is okay. Maybe it's not. I don't know. Over the past weekend, we saw two of the biggest banking collapses in U.S. history with Silicon Valley Bank and Signature Bank. That is the second largest collapse in history, followed only a few days later by the third largest collapse in U.S. history. One hundred billion dollars from these banks' market caps have been wiped out. We saw a massive wave of trading halts in the stock market. And it's not
Starting point is 00:00:41 too confidence building, especially when Joe Biden for once wakes up at 9 a.m. to talk to the American people about just what's going on, saying, don't worry, everything's under control. Of course, now most people don't think anything is under control, and it's actually causing a lot of fear. So we'll talk about that. Plus, we got a bunch of other stories, too. We made a bit of news on Friday, I guess, because Steve Bannon criticized Elon Musk, and then every outlet in the world decided to write it up. Then Matt Gaetz took a clip of it, and then Elon Musk himself essentially just called Steve Bannon not smart and evil. We'll talk about that. Plus a whole bunch of other weird things like, I don't know, some giant rock in space is going to fly past
Starting point is 00:01:18 the earth, so the apocalypse may be coming sooner than we think. And then you've got H5N1 fears, because apparently bird flu has been wiping out chickens. And there's concern over whether or not it's now transferring to mammals, which it is. And this has a 60% mortality rate. So with all the news about the apocalypse, we got a lot to talk about. But before we get started, my friends, head over to timcast.com, click that Join Us button and become a member to support our work directly. And you will get access to exclusive segments from the Tim cast IRL podcast live from at about 10, 10 PM. When we wrap up the live show, we then record live and uncensored members only show. Now,
Starting point is 00:01:58 if you don't want to watch it live, you don't have to, you can come and watch it anytime you want. It will be archived on the website in a huge library of content. And with the way things are going, we could really use your support as members. So if anything, if you just like watching this show and like what we do, become a member because it is quite literally how we do it. And if people don't become members and eventually we don't do it. So if you want us to keep doing it, become a member, support our work and support our cultural endeavors. Don't forget to also smash that like button, subscribe to this channel, share the show with your friends. And in light of the fact that we are talking about all of these different apocalyptic scenarios, we are being joined by Drew Miller of Fortitude Ranch. Thanks, Tim. It's great to be on the show. You want to pull up that
Starting point is 00:02:38 microphone? Sure. And who are you and what is Fortitude Ranch? I'm CEO of Fortitude Ranch, a recreational and survival community. And whether it's a banking collapse, a civil war, an asteroid hitting the earth and causing crop failures over the next several years are what I'm really worried about in H5N1, human transistible form of bird flu. Our members, including yourself, will be able to survive it by coming to one of our facilities in rural areas and riding out the collapse. And aside from that, if you're not a prepper, it's just a fun place to hang out. Yep. We're a recreational facility, too.
Starting point is 00:03:11 That's right. Chickens. Enjoy the good times. Shooting range. It's good stuff. Well, we got a lot to talk about, too, especially with your experience with all of this stuff. So this should get interesting. Thanks for hanging out.
Starting point is 00:03:20 Thank you. We also got Phil Labonte chilling. Hello. I am Phil Labonte, anti-communist and counter-revolutionary oh and i'm ian crossland probably the opposite of that no no i'm not just kidding phil and i'm not a communist phil and i drove we drove to congress the other night there and back and we had some deep conversations about philosophy and spirituality i think phil and i are like two heads of a coin whereas he's the philosopher i'm the spiritual spiritualist but uh
Starting point is 00:03:45 it was pretty fun conversation trying to trying to identify god through math i i thoroughly enjoyed hanging out with you that's a good time what's up drew i see you got uh you got cards you're going to be showing us yeah i think those will come up later on the slides slides all right well let's move this along search yo what's up uh Hopefully the audio works this time. Hi, guys. Well, in studio seems to be fine. You want to pop the window open and then we'll jump into this first story. Alright, ladies and gentlemen, we got this story from TimCast.com.
Starting point is 00:04:14 President Joe Biden tells Americans to have confidence in banking system as additional banks fail. Silicon Valley banks and signature banks were both taken over by the federal government amid collapsing share prices. I also want to point out that for some of the
Starting point is 00:04:29 images we use on TimCast.com, they're AI generated. Just look at how horrifying. This is like this picture of Bank Run has these people screaming, but it's like the Junji Ito of Bank Run AI generated images. It looks like these people are being hunted down by some
Starting point is 00:04:45 demon that's stealing their soul as the banks collapse. But anyway, I thought that was funny. The federal government took control of Silicon Valley banks, a top bank in the tech sector on March 10th after its share price plummet rapidly plummeted. New York regulators announced on March 12th that they have taken control of Signature Bank, known for real estate lending and serving clients tied to the cryptocurrency industry. Quote, the bottom line is this. Americans can rest assured that our banking system is safe. Your deposits are safe, Biden said during a press conference at the White House on March 13th.
Starting point is 00:05:18 Let me also assure you, we will not stop at this. We'll do whatever is needed. Oh, boy. I love how when East Palestine palestine has his massive chemical spill he didn't even show up he didn't even mention it okay he mentioned it don't get me wrong but there's no bailouts they don't care about the people who live there but when millionaires and billionaires in silicon valley have their woke tech sector threatened he comes out on tv and says at nine in the morning of all times joe b waking up at 9am saying, we're going to take care of this. Nothing to worry about. Here's what I think.
Starting point is 00:05:50 I hate, I hate to go on a show with as many viewers as this and be like, the end is nigh or something like that. But Joe Biden has to come out and say this. He has to, because if he doesn't, there's a run on the banks. And if people go on TV and say anything other than everything is a-okay, then there's a run on the banks. So that's the default position of every personality in media, whether it's true or not, I don't know, is to come out and pretend like everything's going to be fine. Yeah, it doesn't make any sense because your banks insure for $250,000 per account. So 99% of Americans, banks can fail. FDIC, they're insured, you have nothing to lose. So it's amazing to me that Biden is panicking and doing this stuff for the ultra rich, you have more than $250,000. So for Silicon Valley Bank, he's just helping out
Starting point is 00:06:39 big tech companies and rich investors in big tech companies, because normal people who had deposits at Silicon Valley Bank have nothing to worry about. Most people don't have $250,000 sitting in a checking or a bank account. They had nothing to lose. And so what they're going to be doing is apparently the FDIC will cover deposits above $250,000. And apparently, I guess BuzzFeed had all their money in silicon valley bank
Starting point is 00:07:05 well now i'm really encouraging no bailouts yeah bye-bye they shouldn't it doesn't benefit us it hurts the normal people because that means federal government's bailing it out that means more debt that means more inflation that everyone including poor people will pay and this is just a move to help rich people who have more than $250,000 in big companies and banks. It makes no sense to be doing this. Well, I was listening to a space today. Most of the day I was listening to spaces and just trying to wrap my head around what's going on. And from what I can gather is the biggest worry is contagion to other banks. So we've got two of the biggest bank failures in American history happening over the course
Starting point is 00:07:46 of the past weekend. I am of the opinion that if the government's, because the government's going to bail everyone out or bail the banks out, because the government has basically taken responsibility for any failures in the banking industry. You know, they've bailed out everybody every time that there's been any kind of... The rich elites.
Starting point is 00:08:18 Big banks. I mean, to be fair, they did do all... They printed a lot of money and whenever the government prints money and it goes to the people it ends up with the big banks and the big corporations anyways because everyone gets that money and they spend it it's not like people go and they sit on it when they get if you get 500 bucks from the government if the government when the government you know was passing out cash people didn't sit on that and it wasn't enough money to change anyone's life
Starting point is 00:08:45 or that they're going to invest with it anyways. So that money just ends up in the big corporations' hands anyways because people spend it. So they're just going to continue to print money because that's what they have to do. So when they get together again, when the Fed gets together again, instead of doing 50 basis points,
Starting point is 00:09:03 it's likely they're going to do 25. It's possible they're going to do zero. And then they'll see what happens. I don't know what's going to happen between now and then, obviously. But they're going to take the break off the raising of rates because they can't keep raising interest rates the way that they are with this kind of monetary situation in the U.S. Or they want to provoke loans to the banks, basically. So Bannon asked me on Friday, Steve Bannon, why it's a Ponzi scheme, this economic system that we're in. And I gave him like a half answer.
Starting point is 00:09:37 I said that it's because we're borrowing money from our banks, our institutions, our government is borrowing money from the Federal Reserve and then promising to pay them back with interest. The only way to get that interest is to borrow more money from them at interest to pay back the interest, which now we owe interest on the new borrow. So we have to borrow more to pay back the interest on the interest. And the real Ponzi is when what happens is that money goes to the banks. Then the banks loan out to the common American for mortgages. And then they have to pay the interest.
Starting point is 00:10:04 They push the interest down to the small guy. Sort of. And so all this whole system is banked off these 40-year interest payments by American people constantly paying more than they borrowed to fund this Federal Reserve usury. Well, I mean, it's sort of to fund that. But remember, when you are getting a mortgage, you're getting a house, too. So you pay the debt. It's house too so it's not you pay the debt it's technically owned by the bank until you pay them back well yeah but you get to live in the
Starting point is 00:10:30 house it's not a one-sided operation is what i'm saying like i understand what you're saying that it's frustrating that you have to pay uh pay more than the than what you're borrowing but that's why the banks are in business so that way like they'll lend you the money. You pay them more than they actually lended you. That's the business model. And let's talk about it seriously. A lot of people, they don't like international war and things like that. A lot of people, they don't like the petrodollar. They don't like imperialism.
Starting point is 00:10:58 They don't like big bank bailouts. But I believe, for the most part, not completely, but for the most part, these are the evil things that these evil people do that does have a positive effect for a lot of people in this country. That is when the U.S. military is setting up military bases in foreign countries and pointing guns at people and saying, use the U.S. dollar or else it creates demand for our currency. And then we don't have to do as much work. And if the petrodollar collapses, then we're gonna have to go back to chopping wood and raising chickens on our own and actually producing things in our country, something most Americans aren't prepared for and don't want to do.
Starting point is 00:11:30 Most Americans that are young now, they're just demanding free stuff. Ken Klippenstein today was tweeting about forgiving student loans. Like today, because they're talking about bailing out banks the banks that if you bail out a bank you're bailing out a bank because people had money that they put into the bank so that's completely and totally isolated from like the the situation with student loans where people didn't have money they borrowed money they got an education ostensibly and then then they're asking to be forgiven for that for that borrowing money well you're the one you're you're getting the forgiveness for the
Starting point is 00:12:10 education or for the borrowing money and you get to walk away with the education it's the interest it's the excessive compounding interest that is the problem they used to call it usually that's fine but that's not the same thing as forgiving the loan in totality correct it's different yeah i don't know i'll hardly ever advocate for just deleting people's loans i think that's kind of dumb but like the idea of the profiting mechanism of loaning money i get it it was a risk if i loan you 100 bucks there's a risk you'll never show up again so i've got at least like give me 110 back that way if i loan out 10 times and one of those guys walks away at least i made my money back but it's excessive compounding interest debt upon debt is like it's almost incalculable by the common american mind it is
Starting point is 00:12:52 the issue here is how our whole economy is one big ponzi scheme from the get-go that is unsustainable and going back to 2008 we can clearly see there's holes in the system they put a band-aid over those holes but the water is spraying through. The ship is sinking. And now we're seeing, it's like that cartoon where the holes are popping up in the hole and the cartoon character is putting his fingers and then his toes in his eye or whatever. You're not going to stop it. But here's what I want to say. Bailouts?
Starting point is 00:13:18 Okay. If you want to sit in your lounge chair and watch sports and order nachos and drink beer and not have to worry about anything, you want the bailouts. You want it all. If you are an entitled Gen Z or millennial who wants to go to college for gender studies, you want the bailouts. And this is why you are seeing the default liberal and leftist be like, we need to make sure we take care of this because then they prop up the system that allows them to do nothing. Me, I kind of think we need to go back to a little bit of hard work. I'm not saying everybody should go work on ranches where they tend to chickens and goats and stuff like that, but maybe just a little bit.
Starting point is 00:13:53 Because right now we got a bunch of, like that viral video of the Gen Z-er being like, why do I have to work to live? That is burned into my brain. Make them work. Just let the banks fail fail then they can go be like i'm hungry like well start picking food yourself it's grow your own food and chickens or whatever biden says that no none of these losses will be borne by the taxpayer from this bailout he tweeted that seven hours ago for the record yeah he said we'll pay for it from the
Starting point is 00:14:21 fees the banks pay into the deposit insurance fund. Now, I understand wanting to bail out $250,000 of uninsured. A lot of the 95% of the accounts in this Silicon Valley bank thing were not insured. So all those $250,000 accounts are gone, but they're decided to bail them out. I understand bailing out the small investor or companies up to $250,000. I don't think that's correct. Now, again, if you had less than $250,000 in that bank or any bank, you have no risk. You're covered. If you're FDIC insured. They all are. Yes, they are. They all are.
Starting point is 00:14:52 The only ones who are getting bailed out are the ones who are beyond $250,000. So there were big tech companies that this bank invested in. And people invested money in these companies, and this bank did too. So we're bailing out a bank because their huge, big payoffs didn't work for them, and they failed. And it's back just like we did in 2008. We invested in tons of taxpayers' money to bail out Wall Street firms who had huge investments in derivatives, making billions of dollars of profits for the people working in those Wall Street banks of zero value to American citizens. But, you know, Goldman Sachs, the treasurer, secretary of treasury at that time, was a former Goldman Sachs CEO.
Starting point is 00:15:35 And Federal Reserve people, Goldman Sachs and other Wall Street firms, and the government and the Federal Reserve, full of people from Wall Street, bailed out Wall Street at the expense of the rest of the citizens. You know, the too-big-to-fail argument. And that's what's going on here the same way. Only in this case, you're bailing out banks that did bad investments in tech companies. And tech companies that make big donations to people from both political parties. That's who's getting bailed out.
Starting point is 00:16:02 This is not to help, you know, low-income people with $250,000 bank money in there. This is just people at the bank making big investments that are getting bailed out from this, not normal citizens. Let's talk about bad investments. BuzzFeed says most of cash and cash equivalents held at SVB. This is from Yahoo Finance. BuzzFeed Inc., Reuters actually, said on Monday that most of its cash and equival equivalents held at SVB. This is from Yahoo Finance. BuzzFeed Inc., Reuters actually, said on Monday that most of its cash and equivalents were held at Silicon Valley Bank, which was shut down. Startup focus under SVB last week failed. Shares in BuzzFeed were down 8.6%
Starting point is 00:16:36 at $1.17 in extended trading Monday. Wow, that's really bad. Silver linings. It's like, well, I mean, like it's down 8%, which is really bad, but they're only at $1.17 per share anyway, which is's really bad. Silver linings. It's like, well, I mean, like it's down 8%, which is really bad, but they're only at $1.17 per share anyway, which is just really bad. The company, which has been grappling
Starting point is 00:16:50 with a tough advertising market amid concerns over a slowing economy, also reported a 27% decline in ad revenue to $50 million in the quarter ending December 31st. It expects first quarter overall revenue to range from $61 million to $67 million. They reported a revenue of $91.6 million for the same period that last year. Let SVB fail, because, you know, I'm not trying to be a dick, but then BuzzFeed goes with it.
Starting point is 00:17:16 But I guess what some people in the super chat are saying is that even with FDIC insurance, it's going to take months before depositors can start getting access to their funding. So that means even one of the craziest stories I saw, because someone mentioned this last week, Etsy sellers didn't get paid. Now, my understanding is if you're a seller on Etsy, you like I make a, you know, a doily or something, and then someone buys it and they use this marketplace and then I send it out. But the fact is the people bought a product, Etsy held the money and the Etsy sellers didn't get paid. That's crazy. That's what happens.
Starting point is 00:17:52 And then what may happen is even with the, they're doing the national deposit bank from the FDIC for these companies, Buzzfeed's funds might be jammed up and their employees might not get paid. This, this is, is going literally to have a ripple effect. Now, I also want to address this thing real quick too. BuzzFeed saying that their revenues are dropping due to a tough advertising market. I can confirm that is a fact because I've talked about it here. So take this into consideration with the banking industry getting hit this bad. I can also tell you like
Starting point is 00:18:25 our revenue is down not to the point where i'm crying about it or anything because we do well enough but that's why i'm like hey everybody become a member so that we can continue paying our staff and continue funding these projects and everything like that uh because the the market seems like it's headed towards a very very serious downturn it's interesting because buzzfeed's reporting their ad revenue is down, is projected to be 61 to 67 million, down from 91. That's basically what I was saying, like 40, 30, 30 to 40% drop off. But that right now should be increasing, not decreasing, which suggests this year is going
Starting point is 00:18:58 to get really, really bad for media. And when media gets hit, it's because the base of the economy, the grassroots already got hit. So what this is, we're effectively a canary in a coal mine. When small mom and pop shops stop their $100 budget per month for their little grocery store or diner, and then we, it all, like, let's say there's 100,000 small businesses across the country, just hypothetically, that are buying a small amount of advertising. It all trickles up into a handful of small media personalities who then all yell, our revenue dropped dramatically, basically telling you that at the individual granular level, revenues are dropping and spending is dropping, which means the next step is going to be serious economic downturn.
Starting point is 00:19:49 With the banks collapsing, with BuzzFeed even complaining about it, not that I care if BuzzFeed collapses, to be completely honest, it would suck if people lost their jobs, but I don't know if these are jobs worth saving. That being said, it will have a contagious ripple effect. So the question is, how do you feel about the current state of things? Because I got to be honest, I have absolutely maybe, maybe, I don't want to pull Bill Maher here, but I personally have no problem myself with having to go and
Starting point is 00:20:12 chop wood and then forage for food. Literally, we ate chives fresh off the ground. We go out in the backyard, we grab chives out of the ground and eat them. They're delicious. We have chickens. I'd have absolutely no problem going to a place like Fortitude Ranch, rolling up my sleeves and taking care of animals. That being said, I don't know if y'all do.
Starting point is 00:20:28 And then people have kids and people have medical conditions. People with diabetes especially need access to these things. If you like the level of comfort we have, you probably want the government to bail out all these people. Everyone that, just like you said, everyone that enjoys a modern lifestyle, at the end of the day, you do want the banks to be bailed out. As much as everyone's going to say they don't, you have to be prepared for early 20th century lifestyle if the banks fail. I mean, fair enough i mean but it's like if you don't know how to do things and you don't have a place to go and you don't have some savings and some food and some
Starting point is 00:21:14 stuff handled things are going to be really horrible for you like i mean the estimates that you hear after the first year, it's something like 10%. If the US, like the dollar collapsed, something like 10% of the population will make it or something ridiculously small. It's not something that anyone should be hoping for unless they've already been planned for forever. I want to read this real quick. Olivia Claire says, I'm an Etsy seller. I should be getting paid today for last week's sales. It said it won't transfer until tomorrow.
Starting point is 00:21:48 I rely on Etsy as my main income at the moment. Really scary time as a seller. And sellers shouldn't have their money being withheld. I mean, you're the person selling, but SVB's money's jammed up, so let's see if they move in quick enough. And if they don't, the crazy thing is if the individual can't get
Starting point is 00:22:03 their money, let's say it takes three months. That means they're not buying cheeseburgers. That means local mom and pop shop diner, they're not selling cheeseburgers. They ain't buying ads. They're not paying their employees. Their employees ain't buying cheeseburgers. And it cycles through, ripples through. You just can't have this continue. You can't keep bailing out firms and they make bad investments in derivatives and spend billions and waste it. And then we bail them out. And now SVP has made bad tech investments. They've lost money. Now we're bailing out. You can't do that forever. Ultimately, people have to pay for that and the debt keeps going up, inflation's going up, and you reach a point where you can't do it. And you just encourage more of this bad
Starting point is 00:22:40 investment when you bail people out. It's called the moral hazard problem. It's exactly what we're doing when we keep bailing out. And again, we're not bailing out small account people. They will be protected. They will be repaid. We're bailing out big tech companies with SVP, just like we bailed out big Wall Street firms before. It's worse than that. It's bailing out wokeness specifically. Here's my my belief if you take a look at at silicon valley banks mission statement stuff boy did they invest a lot in diversity equity occlusion and access they call it deia they put an extra a at the end of there and uh and the apparently their risk chief risk officer was like laid off and they didn't refill the position, but they did hire an LGBTQ advocate for seminars.
Starting point is 00:23:27 And so everyone's like, what was your priority? Why would that be a surprise to anybody that a Silicon Valley bank prioritized their religion over the function of their business? It's what they do, right? So here's what I think. I'm willing to bet that SVB started investing in companies based on wokeness and not merit. So they would go to a company and be like, OK, so you're a tech company. What do you do? We have an app. What does your app do? It's a it's a texting app. How will it make money? We have a really diverse team of people who work here. Really? How much money do you need uh five 50 million 50 million and you said you preach diversity that's right great here's the money yeah our app is so diverse it lets black people find black businesses it's the most racist app on the planet no it's for white people that can find white owned business
Starting point is 00:24:20 like the most that's actually what they do it's not diverse and it's most segregated and racist like when they made black panther they're like this movie's very diverse and it's like the most that's actually what they do it's not diverse and anyway it's most segregative and racist like when they made black panther they're like this movie's very diverse and it's like the cast was 95 percent black that's not diversity diversity will focus exclusively on one race of people but what the hell who if who in the audience would disagree with me one if you disagree 20 if you agree that svb was likely investing in companies based on diversity and not based on the function of their business. They were pretty open about it. I haven't been able to look at the books, but they said as such on their website. Yeah, they had an A rating with ESG score.
Starting point is 00:24:54 I'm going to tell you this. I don't want to give anybody advice, but I'm thinking about investing my money in stocks from companies that have the lowest possible ESG score and getting all of my money out of anything with a high ESG score. You sound like Vivek Ramaswamy. Is that what he said? I don't know if he said those exact words. He's all about investing your money in non-ESG right now. I think that sounds right.
Starting point is 00:25:18 If a company is focusing their efforts on environmental social governance, that is not a functioning business. Everything that's, if you're focusing on social issues, and right now, essentially what happens is ESG is social issues being shoved into businesses and bureaucracies and stuff like that. You see the social issues in schools and stuff, and that's part of why test scores are so, are going, go down every year.
Starting point is 00:25:50 You spend more money every year and test scores keep going down every year. It's essentially supplanting the purpose for every single thing that it touches. So if it's schools, it corrupts them and they and you and it stops you stop churning out kids that know anything there's a there's a comic from stone toss i know the left really hates stone toss but it's an advertising agency and then the the advertising guy's market is he's got a burger restaurant clients and he's like here's our proposed ad campaign and it's a white person and a black person making out and the guy's like how is this going to sell cheeseburgers?
Starting point is 00:26:25 And the guy goes, cheeseburgers? But that's a really good example of what this is. Same reason why FTX failed. The crypto thing. They were obsessively ESG. Sam Bankman Freed would talk about it. I think there was more to it than that. Yeah, he's big into investing in climate change.
Starting point is 00:26:43 There's video of him being like, we're going to fix the world with impact investment. He used different words, but that was the purpose. Bitcoin's doing really well. Spend your money on what they want. So the reason that Bitcoin in the markets responded positively once Biden started talking, I guess, is because everyone essentially assumed or the markets assumed that there was going to be a slowing to the raising of interest rates. And so people are like, well, we can get cheap money or continue to invest in things and stuff. You know, the biggest crime that I'd see out of this whole thing with this SVB is the execs. Five executives paid them. They sold stock within the two months
Starting point is 00:27:33 leading up to the crumble for millions. I think every executive made over a million. The CEO making 2.3 million or something, roughly. Maybe somebody made under. And they also apparently paid out a big bonus to a bunch of employees on friday right before the announcement that's a crime that is that is absolutely that that investigate that investigate those executives take that money back pay back the people that lost money with that i mean that is scandalous that's not going to happen again
Starting point is 00:27:59 back in 2008 when they did this they did the same thing they weren't just bailing out the wall street firms like the the the federal reserve and the Treasury Department. They basically negotiated the sale of Merrill Lynch to Bank of America. Part of the deal was millions of dollars in bonuses to these Merrill Lynch execs so they wouldn't leave the company and they could get the deal done. Just you couldn't list all the illegal things going on negotiated by Federal Reserve, U.S. Treasury Department officials, many of them former Goldman Sachs employees. They did it openly. They got millions and nothing was it was approved. It was your taxpayer dollars helped finance that.
Starting point is 00:28:37 This is so it's happened before. It's going to keep on happening. It's the norm. This is Biden tweeted this out eight hours ago. The management of both these banks will be fired if a bank taken over by the FDIC, the people running, if a bank is taken over by the FDIC, the people running that bank shouldn't work there anymore. He doesn't talk about the stock that they sold of the defunct company right before the company was announced that it was defunct. I mean, the five execs selling stock in the two months leading up to the collapse is an
Starting point is 00:29:04 indication that they knew there was a collapse coming, which that deserves an investigation, in my opinion. Biden says they're all going to be fired, all the management's going to be fired, and that the people running the bank shouldn't work there anymore. Those are his words. Joe Biden doesn't know what should happen with a bank. The president is in no position to make a call about what should or should not happen with a bank. The president is in no position to make a call about what should or should not happen with a bank. If you want to have investigations or something, fine. But Joe Biden is in no position to be making calls about a bank at all. I don't trust Joe Biden's calls about basically anything. The man barely has contact with reality. So Joe Biden's opinion on banks and who should run a bank
Starting point is 00:29:46 is the least interesting thing in the world. This string of tweets that he wrote this under on Friday, the FDIC thread, obviously was not written by him. No. It sounds like some economist using his, I mean, it's different than other tweets that he puts out like last week. The whole like, this time it's different, period. This time, you know, those crappy tweets he puts out.
Starting point is 00:30:05 He's so funny. This is obviously some sort of economist explaining their procedure. But they're saying they're going to fire the execs, the management. I don't know. What would be the ethical thing to do for this 10, 12, 13 million in stock that they all sold? Like, they're the executives of the company. They lost a lot of people a lot of money. I don't know.
Starting point is 00:30:24 I'm not 100% sure. I don't know who actually is being affected mostly, who's really being negatively affected. I don't know. I know that the SVB was mostly crypto companies, and they funded a lot of startups and stuff like that. So I don't know that there's a lot of small investors or small bankers, small whatever you call it, that they cater to.
Starting point is 00:30:57 So I don't know exactly what should be done. And I don't even know that we should be making decisions yet because it just happened today. You kind of want to see what the actual repercussions are going to be and how it's going to go through the economy. The fog of war is the position and they're moving so quickly in the fog of war
Starting point is 00:31:15 acting like they know what's happening and people are just like, I don't know, so I can't say no. I don't have any pushback right now because I don't have the facts and people are scared, so they're moving quickly. I want to pull up thisback right now because I don't have the facts and people are scared. So they're moving quickly. I want to pull up this tweet here
Starting point is 00:31:27 and just really quickly point out that someone removed one of the plugs from the cameras and it's not in the room. So we're just like, Phil's camera died, but they're all plugged in. I'm like, wait, what? And then we looked and it's just gone. The plug was just stolen by somebody. The cable's gone.
Starting point is 00:31:42 Is it a HDMI? Oh, it's back. No, no, no. The power cable. Like the plug for the camera is just gone. Yeah, it's a little hammerhead ape, but it's okay. We figured it out because we got mad skills. But anyway, let's talk about the story here. We got this from the Kobesi Letter.
Starting point is 00:31:56 The two-year Treasury yield is now on track for one of its biggest two-day drops in history. The yield is down over 100 basis points from its high last week. I certainly hope not, but in the event that they do, I suppose the question is, what happens if the market actually does collapse and this assessment is correct if all of a sudden you wake up in the morning your bank is telling you hey you can't take money out just
Starting point is 00:32:34 yet hey we're not so sure what's going to happen or outright this ripples through all these other banks I gotta tell you I looked at a bunch of bank stocks I looked at the stocks for some of the banks that we use and they're all very very very down and that's kind of worrying so uh drew what what happens investors and bank stocks need to be worried which is largely wealthy people you know big funds average citizens aren't going to lose from this and again your deposits are insured
Starting point is 00:33:00 well no no no no no no your bigger worry is these bailouts, the federal money going into that. I get that. That's going to cost you. But, I mean, if the big companies go under and we do see a great recession-like event, or this is worse than 2008, then what does that mean for the average person in terms of their ability to get a job, their ability to find food, or what? Well, I think the 2008 threat and this threat to the average citizens and average banks are grossly exaggerated. I mean, if you're a small bank, a normal bank, you're not affected by things going on in Wall Street.
Starting point is 00:33:33 You're not investing in derivatives or high-tech companies. Your banks aren't going to fail because you don't have investments in that. Your investments are in mortgages, traditional stuff. Signature bank was real estate. Your banks will not fail. Yeah, but what kind of real estate? Commercial real estate, big bold investments and bad bets. So that the investors in that bank, they should lose their money. The bank should fail and citizens shouldn't bail it out because when they bail it out, now I'm being punished. Everyone across the U.S. gets punished
Starting point is 00:34:02 when the U.S. government steps in and bails someone out. We will pay for that. You think the real risk to the Americans is if they do the bailouts, not if they ignore it. Correct. So wait, if they do the bailouts, then people are going to lose money? Yeah, because our debt keeps going up, inflation keeps going up, and sooner or later you've got to pay for that. And it's going to hurt the economy. It's been hurting us already.
Starting point is 00:34:25 We're likely to have a recession. We've been in recession threat mode for a long time. Why? Because the federal government gave away trillions of dollars unnecessarily during COVID. You cannot give money away. Sooner or later, you got to pay the price. The price is we're going to go into a recession and we're going to have horrible inflation. We're paying the price. So every time you bail out a big Silicon Valley bank or a Wall Street big firm, which you wouldn't do for a midsize or small company or bank, whenever you bail them out, citizens everywhere else,
Starting point is 00:34:55 not just in the U.S., but around the world, since we've got the dollar, they pay for that and it shouldn't happen. So then it sounds like let's just let them fall. They shouldn't fail. I mean, Bannon was saying that on Friday. You know, he was telling Matt Gaetz and Dan Bishop on this show, resist. Do not let them convince you to bail these people out.
Starting point is 00:35:14 But I wonder, I mean, if in 2008 they didn't bail out any banks, what do you think would have happened? Well, no one really knows, but I don't think it would have been a disaster. It would have been a disaster for the Wall Street firms, but who cares? I mean, if Goldman Sachs and Merrill Lynch, you name all those firms that they went under, who did they lend to? Huge Fortune 500 companies who pay outlandish fees, and they're not the only ones who can do investment banking. There are investment banking firms, small ones all over the U.S. who can step in and take their place. They should have had trillions of dollars of losses and derivatives. Let them take their losses.
Starting point is 00:35:48 98% of Americans don't invest in derivatives. They don't invest in these high-tech companies. So we won't suffer. We have some comments here. People are saying you're wrong. There's a video of the FDIC saying they only have funds to cover around 4% of the losses and the risk is real. Someone else said that the FDIC hasic has only enough to ensure about one percent of the deposits and this will be a push to get us into cbdc i don't know if that is central bank
Starting point is 00:36:11 digital currency oh yeah yeah okay okay well who's gonna go on fdic that is something the government's there to bail them out so if we want to bail out the fdic for the $250,000 deposits, that's okay. I don't want to bail out for the investment beyond the $250,000. That's the bigger bill we can't afford. One issue is bank consolidation in 2008. 465 banks failed. A bunch of them, maybe all of them, were bought up. It was well as far. We came out of that with four big banks. I could see another. Same with the Great Depression. That was a big wealth consolidation. You know, they bankrupt everyone, they buy up the assets.
Starting point is 00:36:48 It's always, well, I mean, and I just want to push back a little bit on the idea that they bankrupt. Like, it's not intentional. Like, it's not like there are people pulling the strings that are trying to bankrupt other people so they can buy up the assets, or at least not all the time time i know that has happened in
Starting point is 00:37:06 history but still the point being like that the consolidation happens because if you have a lot of money and you and and everybody loses money you still have a lot of money so there's a bunch of opportunities to buy stuff up that's what happens anytime anytime there's any kind of financial crisis or whatever rich people get richer because they have funds to make to capitalize on the marginal businesses going under i should say let me ask you guys a question though so uh tim katz corporation has more than 250 000 and that's the only amount that's insured what if our bank went under everybody here would be out of a job how would people here feel about that you got to be able to make money if if we're not making money uh we deserve to fail
Starting point is 00:37:50 if we're not that's not what i'm saying because if we go if our banks go to zero stop stop if the bank froze our money right now there would be no paychecks for any one of the employees the company of course makes money but the money in the bank that we need to pay the employees until revenue comes in, because it comes in, it doesn't come in, we don't just have money. Our customers, our members, they will, you know, pay 10 bucks. Advertisers will pay a monthly thing or once a month. For those three to four weeks, if we have no money, what happens? We just tell all of our employees, don't worry about it. We tell our, our, our, our utilities. So this is the question when I'm looking at these tweets about people lining up outside of Silicon Valley bank and you, you show up one day, I want people to think about this. You show up to your bank
Starting point is 00:38:37 because you're a regular working class person. And they're like, you have no money. You say, how do I pay my rent? You're a small business who maybe isn't even one of these big woke tech companies or whatever. And you've got a million bucks and you need, and you're a business that, you know, you've got a decent profit margin. Let's say you're doing 10%, 20% per month. You spend 500,000, you make say 600,000, that money goes into emergency rainy day funds, potential investments. Then you have your employees that are the bulk of those costs. And then one day, your paychecks bounce. The bank says there's no funds.
Starting point is 00:39:11 What do you do? You should have five bank accounts first. So you have $1.25 million insured by FDIC. Per the size of your bank, you should probably have a ton of bank. The five number is great. No, five is not good enough if you're Facebook. No, five is not good enough if you're Facebook. No, five's not good enough if you're Facebook.
Starting point is 00:39:26 But for small businesses, you should have multiple bank accounts. A lot of people having issues couldn't get their money out because they didn't have anywhere else to put it. So they're like mad dashed to open a second bank account,
Starting point is 00:39:34 like have multiple business accounts. Secondly, I think, yeah, if your company can't pay the people, the people aren't going to get paid. That's the deal. It's like get ready to live without money for four months or three months or two weeks or whatever.
Starting point is 00:39:46 I want to say some words just before I make the statement. Max Keiser and Stacey Herbert, because I was thinking today we were talking, if we had a part of our balance sheet in Bitcoin, Bitcoin went up and Bitcoin has a different stability. And a lot of companies transferred some of their balance sheet into bitcoin and so if we were like some we use primarily usd for all our liquid transactions but then we store some of the value in bitcoin and actually pay some employees
Starting point is 00:40:16 in bitcoin all those employees that money they get in bitcoin is worth substantially more right now than it would have been when they received it. So I'm thinking like, I don't know if the intention with all this collapse is to push us into like that person was saying, central bank digital currencies or something like that. But it certainly has me looking at my crypto being like, it's up. It does have the intention of bank consolidation, centralization of currency.
Starting point is 00:40:40 And then I think they're going to want to try and track it. So, well, I mean, they're going to be any kind of if you use a cbdc they automatically can track it any kind of yep everything you any digital currency like that it's automatically tracked they can turn your money off they can tell you what you are and are not allowed to buy that's complete your money is completely programmable but if that's the direction of the water flow, then maybe we should... No, no. Oh, crypto? I mean, don't ignore it. No, crypto is one thing.
Starting point is 00:41:10 Bitcoin is different. It is. And a CBDC is a third. Yeah, CBDC doesn't have to be on a blockchain. I just want to point out, the rumors going around, and I don't know if this is true, is that Harry and Meghan had their money in SVB.
Starting point is 00:41:22 I heard that. And I don't know if that's true, but everyone's laughing, being like all their money in SVB. I heard that. And I don't know if that's true, but everyone's laughing, being like all their money's gone or whatever. Either way, it's probably a scary weekend because even with Joe Biden coming out being like, don't worry, we're going to pay everybody to get access to their deposits or whatever.
Starting point is 00:41:37 How long do you have to wait and where is the money? Again, the message should be, you don't have to worry if you've got less than $250,000. There's no need to do a run on the bank. That should be the message. No, for sure. The message shouldn't be no matter how much money you've invested or how badly the government will bail you out. That we cannot afford to do.
Starting point is 00:41:57 All that they do is tell these big banks, keep playing with the money like jerks because the taxpayer has your back. You're too big to fail. And I'd say it's not coming from the taxpayer, but here's what Joe Biden's not telling you. The money paid to the FDIC, the premiums paid for FDIC insurance is intended for you, the little guy, not for the millionaires and the billionaires. And now what they're saying is your rainy day fund is being given to the millionaires and the billionaires. Sound like Bernie Sanders over here.
Starting point is 00:42:25 The millionaires and the billionaires are getting your FDIC money. From 5 Cent Nickel, historically, the FDIC pays insured deposits within a few days after a bank closes, usually the next business day. And what they'll do is they'll open a new account at another insured bank and then send you the money that way. Someone mentioned that it might take a couple months earlier, but I think they move pretty quick, hopefully. If that's true, then yeah, I think the small guy doesn't have anything to worry
Starting point is 00:42:47 about well here's a uh short post from amy curtis on twitter that i saw it said here's why the government is going to bail out sbv but won't send disaster aid to ohio and you can see an image showing california as very blue well you can't really see it because the way it's cropped on screen there you go and then you have this image, which is Ohio being like all red and East Palestine being, you know, over here in the Eastern Ohio. So a lot of this does absolutely feel like a combination of elitism and partisanship. The fact that Joe Biden got up at nine in the morning, first thing, and said, your money is safe. But when a train exploded, spraying toxic chemicals, they burned and toxic chemicals are everywhere.
Starting point is 00:43:32 It's getting in the water. Fish are dying. The governor says a plume of chemicals is flowing down the river into West Virginia, nowhere to be found. It tells you who butters their bread, who they're serving, and who they're concerned about. Of course. When I look at things like this, and then we had that Jane Fonda thing. Did you guys see the Jane Fonda thing last week?
Starting point is 00:43:53 Hanoi Jane talking. She said on The View that she was asked, we have to fight for pro-choice, whatever. And then Joy Behar was like, well, short of protesting and voting, what do we do? And she said, murder. And then someone was like, wait, wait and voting what do we do and she said murder and then someone was like wait what are you saying she goes murder and then i went ha no she's joking so the way i see it is all signs are indicative of systemic collapse whether the bond market is correct or not in the previous segment that it's going to collapse whether the banking thing two of the biggest collapse in history happening back to back. And they're seeming like one's in California, one's in New York. Are they related? All I got
Starting point is 00:44:31 to tell you is hyperpolarization, hyperinflation, maybe not hyperinflation, but the inflation's ridiculously high. Now banking collapses and people on TV saying psychotic extremist things. How is Drew, you're the expert, I guess, or you're the one selling a product. Do you think we're on the verge of some kind of major collapse? And should people, I don't want to say be worried, but should they be prepared?
Starting point is 00:44:56 I think a recession is likely. I don't think a banking collapse is coming. But what about, I mean, beyond that, I mean, when you're looking at the weaponization of government, when you're looking at people on TV calling for murder, whether to joke or not, we're seeing violence in the streets. We're seeing 150 far leftists storm a government facility in Georgia and burn it up. Then you've got the January 6th stuff where they're saying the FBI was destroying
Starting point is 00:45:17 evidence. It doesn't feel like this system, whether it's financial or political, exists anymore. It seems more like a smoldering pit. Well, we track 50, we call them threats or trigger events that could lead to a collapse, but you're only talking about one of them. And that's, you know, something like a financial collapse or something that really triggers a support. There's a banking collapse. That doesn't mean there's loss of law and order. But if people start doing civil unrest and law enforcement goes, then you've got a collapse where you worry about the things we worry about which is people going out looting stealing killing and it's not safe to live here i mean that's just one of 50 events we have we have more things to worry
Starting point is 00:45:56 about than that i think that are more likely to get us what like what what do you got like avian flu is the one that i'm very concerned about right now. Our electric grid is probably my number two biggest concern, the fragility of that. Electric grid. I think that's likely to kill us off before a collapse from a banking collapse. I've got a bunch of stuff on the bird flu, but let's talk about the electric grid first. What about the grid has you worried about? It's been vulnerable, and we've known about it for decades, and the government has done nothing to fix it. It's vulnerable not just from the physical terrorist attacks you've heard about in recent months. It's vulnerable from natural
Starting point is 00:46:28 causes. Solar flares, electromagnetic pulse from a solar flare can take down the grid. It's done it before. The reason why I said we'll talk about this one first is because you've heard the stories that are going around where extremists are attacking substations. It's not the first time. They did an attack on the Metcalfe grid, you know, a decade almost ago. And we knew about it. And it was a professional kind of a test run. This is well done. Look up the Metcalfe attack on the grid.
Starting point is 00:46:52 It was done years ago. We investigated it. It was a professional group that did it. It was like a dress rehearsal. I don't know if Russia or China or who was behind it. But they did a professional attack on the gate years ago. In 2013. Yeah, this is old stuff.
Starting point is 00:47:08 Just like the threat of EMP. We've known about it for decades. Whoa, whoa, whoa. Check this out. Let me read this. On the morning of April 16, 2013, a team of gunmen using rifles opened fire on the Metcalfe
Starting point is 00:47:19 transmission substation, severely damaging 17 Transformers. And they said it was sophisticated. And what was the reason for them doing it was it does a test to see if they could take it down and the thing is you don't have to take down you know there's there's thousands of these stations but there's critical nodes and if you take down you know 10 or 12 critical nodes you can take the whole grid down and the worst thing is without getting in too details, you need to watch a documentary. Grid Down, Power Up explains this a hundred times better than what I'm going to do in the next 30 seconds. But you do a coordinated attack on the grid.
Starting point is 00:47:52 It could be a cyber attack. It could be solar first. If there's a surge in the grid, it destroys these transformers, these big, giant devices. And it takes you months to replace a few of them. If a lot of them are destroyed, the electric grid is down for a year under good conditions or more. And we've known about this and there's five different ways this could happen. Cyber attack, physical attack, solar flares, electromagnetic pulse. I'm forgetting the fifth. Again, watch this documentary Down, Power Up. Our grid is highly vulnerable. It's our Achilles heel. If North Korea wants to destroy the United States, they can do it. They got an ICBM
Starting point is 00:48:31 that can reach here. They do not need a lot of nuclear weapons. They don't need accuracy at all. One or two high in the atmosphere over the U.S. and you destroy our electric system. The electric magnetic pulse destroys our system for over a year. For the whole country? For the whole country. For most of the United States. North Korea has weapons that can do that. Yep.
Starting point is 00:48:51 They're low yield. See, their nuclear weapons have all kinds of effects. Thermal radiation, A-alpha radiation, beta. They're optimized to do maximum EMP yield. The Russians work with them to do that. Wow. And this has been published. Open source. It was intelligence agencies, but they published open source saying that the Russians
Starting point is 00:49:09 helped North Korea develop their nuclear weapons for maximum EMP effect. Because North Korea is never going to build, you know, a first strike capability on our huge nuclear system. But they only need one or two inaccurate, high in the atmosphere explosions over the U.S. and it grids down for over a year. And in that time, according to a congressional study, you know, led by a former CIA director, a former Navy admiral, their estimate was that when this happens, you could lose 90% of the U.S. population. There's no economic production. There's no gas flowing. There is no municipal water systems. You'll have no water in this house we will no you won't yeah we will you're on a municipal water no we're not okay
Starting point is 00:49:49 you may yeah see see we thought you were still in the city here we are not no are you kidding we got a 90 percent of americans are in cities or suburbs they'll have no municipal water system and you'll die in that night every from the either from starving to death or from people going out stealing for food moron every everybody who comes here they're like i had to drive up a strange winding mountain road to get here we're elevated several hundred feet like we're up a mountain and we have well water and two local water sources now for the new place we're setting up we actually have a actually have a ton of backup power. And here we have miniature solar here. So we have this big, massive battery, and then we have a bunch of really small batteries that are portable. And then they have solar panels that you actually have to
Starting point is 00:50:35 physically lay out and position properly. Not easy to do. At the other, the new property we're setting up, we have installed professional solar with a ridiculous amount of backup batteries. So the amount of power generated from the sun exceeds the amount that the batteries drain. So as long as you're operating through the day, only at night does it power down, but then it immediately goes back to full as soon as the sun comes up. Not perfect. Absolutely not perfect. I'd probably be comfortable if I use one of the streams to create a water wheel power generator of some source or just a bike, some kind of way to get power. Because you are half correct. We wouldn't lose water because we're not on municipal water, but we need electricity for
Starting point is 00:51:14 our pump. So otherwise, we're manually pumping water. But worst case scenario is we do what they did in the olden days. And we either carry bales of water up the hill, which we can do, or we build a pump or dig a well or something. I think me and the people here, we've been reading so much about this stuff nonstop for the past three or four years, five years, heck, 10 years,
Starting point is 00:51:38 that look, we've been saying on this show, get chickens, get some small goats, some what the Nigerian dwarf goats or whatever. Get something. Get away from the cities. I've had a lot of people mentioned saying they moved out of the city. They got there. They're on well water.
Starting point is 00:51:53 They're more sustainable. They've got chickens. Hey, I'll tell you what. If these people who are attacking the power substations succeed, because we've been seeing reports of it all over the country or north korea fires an emp what you're saying makes the most sense you want to win a war you don't want you don't need to wipe a city out with massive destructive force that's a waste of energy that's that's that's that's that's a lack of strategy one emp disables your opponent and then you've won so what will the people in the
Starting point is 00:52:20 cities do yeah you're right they're gonna no water. How many days until they start eating each other and drinking each other's blood? And again, the Marauder threat is something you've got to be prepared for, because if you can't defend your preparations and your facilities, the people who aren't prepared, which is the vast majority, will come and take your supplies and your solar systems
Starting point is 00:52:40 and all that. That's right. But I'm just mentioning a couple of threats. We actually track 50 of them, and I'm not sure which one is the worst, but the one that right now is sounding the most alarm bells for us is H5N1 avian flu because it mutated last year. It's not the same virus.
Starting point is 00:52:55 And it's wrong to call it bird flu. It's now bird and mammal flu. That virus is mutating and spreading amongst mammal populations, minks, sea lions, lots of different mammal populations. Let me pull up this story. We have this from CNN World.
Starting point is 00:53:10 Explosion of sea, excuse me, explosion of sea lion deaths in Peru amid deadly bird flu outbreak. So now, what are they saying? Thousands of sea lions in Peru have died amid an outbreak of bird flu. Bird flu has not only passed into mammals, it's passing
Starting point is 00:53:25 into many other mammals this is a 60 mortality rate i'm sure the most conspiracy-minded individuals are thinking that it was all intentional but i've got to say guys if you think that they took bird flu and then did gain-of-function research to make it transmissible among mammals i have to say you're completely right. From Science.org, controversial experiments that could make bird flu more risky poised to resume. Two gain-of-function projects halted more than four years ago have passed new U.S. review processes.
Starting point is 00:53:56 So in February of 2019, and we have mentioned this before, they began working on H5N1 to make it transmissible among mammals. Now, why would you go and do that? And now it is bouncing around mammals, and it does have a 60% mortality rate. That's correct. They actually did it the first time back in 2011. They did it, and for a while they tried to stop publishing it, but they ultimately ended up letting letting them publish
Starting point is 00:54:25 and i'll explain why they do it why the government does i just don't want your bloggers to take my head off for defending them but this is why the government's gonna take your head off no matter what i know this is why the government does gain of function research they do it with this reasoning hey hey eventually h5n1 will mutate to become human-to-human transistible. It'll happen naturally. And biologists have said that, and they're right. It happens all the time. Viruses are always mutating.
Starting point is 00:54:51 So they say what we're going to do is we're going to speed it up in the lab. We're going to develop a human-to-human contagious or mammal-to-mammal contagious version. Now, once we've got this in the lab, we'll keep it in the lab and we'll develop vaccines. So when the natural happens, we'll prepare it in the lab and we'll develop vaccines. So when the natural happens, we'll prepare. That's their argument for doing it. But the problem here is back in 2011, I don't care if they do that at Fort Detrick, which by the way, isn't too far from you. And you know, if the army's doing biological research for defensive reasons, I'm for that. But when they released it and publish how you do it so that anyone from Al-Qaeda to North Korea to Syria, you name it, I could do it.
Starting point is 00:55:28 I've got the knowledge. It's a low-tech way to do it. And you publish results. Now you've just increased our odds of any nutcase doing it and then releasing it. So it's happening naturally, but the threat is not low. That's what I was arguing here. The threat is not low because a natural mutation may occur. The threat is high because that's that's what i was arguing here the threat is not low because a natural mutation may occur the threat is high because it has mutated it is now spreading amongst mammals
Starting point is 00:55:51 it started with minks last year sea lions other things may be spreading now but they're not the only threat you could deliberately do it in a lab you could deliberately do it a low-tech way in the basement i'm saying bad guys could be doing it now too, because we've published how to do it. It's very well known. So to me, it's inevitable. Biologists have used that word in congressional testimony, warning Congress, we must be ready for avian flu, H5N1, to be spreading amongst humans. They've been warning Congress for a decade now. Has anything been done? Not a damn thing. What can they do?
Starting point is 00:56:26 Just like that, there's a lot of things they do. One thing they do, the first thing is just warn people. Don't have the CDC saying, oh, it's low risk. It's not low risk. All kinds of medical groups are saying, watch out. It's coming. The probability of a pandemic has gone up, but the CDC, Center for Disease Control, keeps saying it's low, and it's not.
Starting point is 00:56:48 And the CDC is not giving an honest warning about it. The threat is up a lot because it's now mutated, and it's now spreading amongst mammal populations, which means as that virus mutates, it's far more likely when it's mutating amongst sea lions or ferrets or mink to now become human-to-human transmissible. So the risk is up. It is not still low risk like they've been saying. Can you calculate that risk? No, you can't. You can't put a number to it. But that's why the CDC absolutely cannot say it's low risk. It's an unknown risk. It could be very high probability. It could be 50% it's going to happen this year. 75%. CDC cannot know that. So why are they announcing it's low risk to humans when you
Starting point is 00:57:35 cannot know that risk? Without going into great detail, let me just say, I think the people who watch this show, I think myself personally, I'm pretty sure the other people in the room, have very little faith in the CDC for a variety of reasons. Yeah, the CDC wants to prevent panic, one, which is why they'll say don't worry about it. Secondly, when it comes to COVID, the way they handle COVID, they did not talk about prophylactic measures. They never really talked about prevention. They talked about how to deal with it once it already hits. I don't want to inject the thing or do the thing. Where's the vitamin D? I don't want to deviate from the bird flu. Well, this is why I think we haven't heard
Starting point is 00:58:04 about how to prevent and prepare for how to heal from this stuff before it gets you. Because if the methodology is let's heal it once it strikes. I think the CDC is completely inept or malicious and they're incapable of properly advising. It was so bad that Steven Crowder got multiple strikes. And it's not just them. It's, you know, the big tech industry. Stephen Crowder got, I think, two strikes on YouTube for talking about what the CDC was saying. That's how insane the whole thing is. So let me let me just say about
Starting point is 00:58:34 all of this. I don't think anyone is going to give us an honest assessment of what this is and what might happen. But I will say, I do believe, based on what we've already seen, well, I should say this. The news is reported. The gain-of-function research to make bird flu transmissible among mammals happened a decade ago,
Starting point is 00:58:56 and they kept doing it. And now that the Department of Energy and the FBI are saying lab leak, how hard would it be for this to leak from a lab? Accidents happen. Or worse still, as you mentioned, bad guys can do it very easily. Sure. And bad guys can take it out of a lab very easily.
Starting point is 00:59:14 They should not be doing these things. We've been warning people, our members, we've been putting on our newsletter, you need to be prepared because there's so many ways this could happen. If I were Putin, a ruthless guy guy not doing well in the Ukraine war and the U.S. and West European providing so much support, if he releases clandestinely so you can't even punish him for it, he releases a virus like avian flu, human-human transmissible over here, we are not going to be supporting Ukraine. We're going to be struggling to survive, losing tens, perhaps
Starting point is 00:59:45 hundreds of millions of people over here. We're not helping Ukraine. He now has a free reign there. And if he's developed the virus, he may already have the vaccine developed. So he can give it to Russian people he wants to survive. And for the rest of the world, they suffer the worst pandemic, the worst disaster in human history. What are some prophylactic measures that people can take to protect themselves from H5? There are none. Masks aren't going to work. The only thing you can do is you have to stay away from people until the virus plays out. Now, this is a bad news, good news. The good news is when you have a virus this lethal, it's going to kill people. 60% lethal, it's going to kill people so massively people are gonna immediately Isolate for long periods of time and the virus will die out fairly quickly
Starting point is 01:00:29 The virus is it's it's not good for a virus to have super high lethality because you end up killing off your virus You can't survive. Well, if it's low level like kovat or flu you keep you keep spreading it all the time this you will not You will have to be isolated for at least months, perhaps over a year. So you've got to have food and the ability to defend your food, which is the other reason why there's no warning of this coming out. If you warn about a collapse, you have to warn about marauder threats. It happened in Katrina. It's certainly going to happen if the grid is down and there's no food production.
Starting point is 01:01:04 It's going to happen. You've got to have guns. Well, I talk about this. And the government is not going to tell people, hey, you need to have a lot of guns. And by the way, assault rifles and those high-capacity magazines, that's what you need if you're going to defend against marauders. No, no, no. Don't misinterpret. He said assault rifle with high-capacity magazines.
Starting point is 01:01:21 We're talking fully automatic select fire with 100 round drums or something of that nature he said he said rifles with an s so multiple that's right more than one now if you want to mention something like a standard semi-auto standard capacity we're talking about an ar-15 with 30 round magazines that's not what he said he said well you can't even buy those in colorado those are illegal clips in colorado so you buy them in nebraska elsewhere and bring and then in a then in they come in illegally with them. I think what he was saying is like a 50 BMG
Starting point is 01:01:49 mounted butterfly trigger on top of a tower that was built on your property. Everybody needs a Toyota with a 50 cow in the back. Let me know what you think about this. I was thinking auto defense turrets. We'll build big towers and then we'll have on them just sent defense turrets you know we'll build big towers and then
Starting point is 01:02:05 we'll have on them just sentry turrets that you know sweep left and right and then at a certain time they will go into you know full defense mode and if you uh you know bring it you know i wouldn't recommend that i just use you know people with weapons is the low cost smart way to do that but you need a lot of people to defend yourself in a collapse, and you need assault rifles and high-capacity clips because there could be marauder groups that have 50, 100 people in them. We've got 2 million Americans in jail. If the electric grid goes down, are you going to keep 2 million people in jail?
Starting point is 01:02:39 They're going to come out. They're not. They're going to stay, and they're going to use the prisons as fortresses. They need food. There's not enough food to keep them going. They're going to have to. They're not. They're going to stay, and they're going to use the prisons as fortresses. They need food. There's not enough food to keep them going. They're going to have to go out and get it. And they're going to send out scouting parties who come back to the prisons because the prisons are fortified and armed, and you're not breaking in,
Starting point is 01:02:56 and they can control. No one's raiding a prison. The prisons will be raiding your town. Well, no, realistically, the people will be locked in their cells, and they'll be left in the scarf. No, because when the power goes off, the cell's open. That's a horrible manufacturing error if they can't leave the doors locked. Well, what happens if the power goes off and there's no one there?
Starting point is 01:03:13 You'll have people dying in their cells. Just leave them in the cell. It happens in Katrina. Plus you have a million gang members who are already out. Yes, their door is locked. I thought they automatically opened but it doesn't matter when the when when the system breaks someone's going to go in from the outside and they're gonna have friends and family who are in prison and they are going to take that whole place over and it is a fortress i doubt it and maybe long term it's also the most aggressive
Starting point is 01:03:38 people in society i feel like they'll be dead within a week in a situation why would they be dead because the doors lock and they all just starve. All the guards leave. You're acting like people in jail have no family. How are they going to get in the building? They're going to drive their truck 100 miles an hour and slam into a wall, smashing it. It's concrete. It's like eight feet wide concrete layers of fences. Prisons have fences.
Starting point is 01:04:00 And there's going to be prison guards who are going to be like, here's the key, and they're going to run and leave. I think all the guards would bail. Of these 2 million people in jail, about a million were in there for drug charges. They're not really that bad of people. So no, they're not going to be killed off or left there to die. They're going to get out, and they're completely unprepared. Maybe they'll base out of the prison, but they have no preparations. So they're going to have to be marauders.
Starting point is 01:04:22 A million people in gangs are already marauders. But you're indicating why we would lock them in the cell and leave them there to die because they would otherwise to be marauders. A million people in gangs are already marauders. But you're indicating why we would lock them in the cell and leave them there to die, because they would otherwise turn into marauders. I'm just trying to say there's millions of Americans who are going to be marauders. At a minimum, you've got two million in prison and a million gang members. But normal people, when they're told, you know, stay at home, all government can tell you to do in a collapse is go home, stay home. Well, for most people, that's a death sentence.
Starting point is 01:04:44 So after you start starving to death, are you going to stay at home and quietly, politely die? Are you going to go out and steal food to keep your family alive? You're going to go steal. I'm saying we're going to go outside one day and there's going to be some dude with suspenders and a flannel shirt and a handlebar mustache. And we're going to hear the chickens squawking. And we're going to walk outside with a lever action rifle and be like, Hey, and there's going to be some New York hipster being like, I'm so hungry. And he's going to try and run away.
Starting point is 01:05:09 The chicken, you know, you get to that point. Honestly, it's, I mean, it gets re it's the ugliness love the level of ugliness that happens with the type of scenario that we're talking about. You're not, you, we can't really actually articulate it properly on YouTube. Cause you'll get booted. Like someone coming on your your if you've got chickens and there's someone messing around with your chickens and you're three months into a global collapse shoot on site oh always dad like drop them watch the last the season finale of the last of us from last night if you really want to understand what what uh what it means watch a video from syria that i i understand
Starting point is 01:05:47 the last of us is fictional but if you want to understand what will happen when the when the collapse happens just watch that episode i don't want to spoil it because it literally just came out last night because and people are gonna don't spoil it but uh watch what the good guys do there are no good guys that's the point yeah you will be like my god because when it comes to protecting those yourself and those you care about the guy who comes onto your property for chickens he's he's he's got he he pulls up in his truck and he's got a starving 10 year old daughter and he says don't worry honey i'm getting you food and then him and his his brother and his kid and his son are like we have to do this or we die and then they sneak around your property and then you're in your house going i see people outside with guns don't worry
Starting point is 01:06:32 honey i'm gonna protect us and then you kill each other there's no good guys there's no bad guys there i'm not going to die and if i have to kill you to do it that's what these people are thinking look you'll you can tell the the the serious people by the ones that have like people impaled on spikes in their yard like that it gets real real brutal real real fast have you seen uh i think what is it uh either it's i think this was in yellowstone actually in in yellowstone it might have been a flashback or it might have been 1883 i think it was yellowstone they catch cattle thieves and he kills them and then one one guy who's mortally injured he puts a rope on his neck and then
Starting point is 01:07:11 pulls him hoists him up to hang him and they write in blood cattle thieves yeah because it was like anybody who sees this knows what happens yeah it's crazy to think that back in the day, they would kill a group of men mercilessly and brutally and then leave their rotting corpses for everyone to see for taking cattle. Because taking the cattle meant you die in the winter. So they were like, nope, no games. Yep, no games. That's right.
Starting point is 01:07:39 You were a retired colonel? Yes. So you've seen, I mean, I don't know, did you ever experience battle? I've been to Iraq. I mean, I'm Air know, did you ever experience battle? I've been to Iraq. I mean, I'm Air Force, so not at the pointy end of the spear, more on the receiving ends of mortar rounds and stuff.
Starting point is 01:07:51 But, you know, you don't have to go to Iraq. You could see it in Katrina. You know, you could see how people panicked and would steal and were looting and were taking advantage of stuff. And again, I'm not just, I wouldn't blame someone. If they're starving to death, trying to take their family and keep them alive.
Starting point is 01:08:05 They're going to go out and steal and try to survive. So you have to deal with the marauder threat. And the probability of collapse is going up. Things like H5N1, our vulnerable electric system, and then new technologies. I mean, Elon Musk warns about artificial intelligence about every other week or two. He provides you a warning on that. There are a lot of new technologies in our economy with its fragileness to cyber attack.
Starting point is 01:08:30 There's so many ways. As I said, we track 50 different trigger events, any one of which could lead to a collapse. Or it could be nothing. It could be something like in the United Kingdom in 2011, in London one night, there's some altercation started with police. There was violence. It spread all over London.
Starting point is 01:08:48 And the next day they woke up and they said, what in the hell was that? Thank God it's over. And then the next night it started again in London and it spread all over the United Kingdom, all the major cities. People were killed defending their businesses. It was a collapse going on,
Starting point is 01:09:03 loss of law and order, widespread, and there was no trigger event. So after the next election, Ray Dalio, perhaps one of the smartest men alive in the U.S. today, the founder, CEO of Bridgewater, the biggest, most successful hedge fund, he's estimated we've got a 30% of civil war, civil unrest, massive violence after our next presidential election. Because we are so divided and so split that any possible issue in that election are people just not wanting to accept the result. You could have violence break out and it can spiral out of control. I know this is something that viewers of this show hear all the time but really you need to purchase firearms ammunition and get training you need to know how to use firearms and ammunition you know how to load
Starting point is 01:09:53 magazines how to clear stoppages malfunctions and stuff like that when you go to a firearms class they're not teaching you safety stuff the safety stuff is very very basic you go over that and it only takes a little while they're teaching you how to fix your gun if there's a problem when you're in a gunfight and people should learn how to do that not just that when if slash when a collapse happens people from the cities many of them will lose their thumbs and i'm talking like i have to imagine i mean a massive percentage of. Because I can't tell you how many times I've seen people hold a gun wrong. And it's scary when you go to a range and someone's giving instruction. And the first thing someone does is pick up the gun and put their hand over the, yeah. And then they stop, never do that
Starting point is 01:10:42 again. I've seen people actually get ready to shoot after being told not to do it and still put their hand over the back of the gun. Like, do you want to have your thumb get ripped off? You were told not to do that. I have seen people. I mean, there's viral videos of this where a guy's in a range. You can look at the video. And then he's like, he shoots and then he takes the gun and he waves it around and they
Starting point is 01:11:01 tackle him. These people don't get it. It's like you can you need to have basic understanding of this stuff. But some people just don't get it. You need to have basic understanding of this stuff, but some people just don't get it. It's going to get bad. I have to imagine New York City is going to be the last place on the planet anyone's going to want to be if the system does collapse. Well, they won't stay there. They'll leave
Starting point is 01:11:16 and they'll end up going to the areas all around New York City if they can get out. I don't know if you can call it civil war, but it will be if a collapse happens in the first three days, the entire New York metro will be riots, ransacking, shootings, murders. I think a lot of people will be trapped in their houses. And then after a half a day when they're desperately thirsty and there's no water, one person is going to be like, we need to find water, man. There ain't going to be any water anywhere.
Starting point is 01:11:42 So they're going to go outside and then someone's going to walk up, shoot and take whatever they can or let's get hit by a sniper like they'll walk outside and bang and they'll be down like kind of after three days of fortification in a chaos situation people are waiting watching there's no reason maybe they'll walk up to you because because they don't want to expose their body to other sniper fire like it's going to be about hiding in buildings and shooting out windows and stuff no because what because stand outside why would you shoot someone why would you sit outside? Why would you shoot someone? Why would you sit in a building just to shoot people? If you can't go out there and collect their stuff, what's the point of shooting them?
Starting point is 01:12:13 You wouldn't waste a bullet, dude. You're going to expose yourself because you're going to make a lot of noise. You're going to draw attention to yourself. No, no, no. Stop, stop, stop. I guess you'd wait and see if they had anything on them. No. You wouldn't waste ammo. But if someone goes outside
Starting point is 01:12:25 to look for stuff, likely someone will rob them to try and go raid there. Or more importantly, you'll lock your door in your apartment, be like, we can't go outside. And then all of a sudden, you hear bangs. And then you're like, what's happening? And then you hear a loud, a loud bang. The first the first bang was the door being kicked open. The second bang was the person living there being killed as the people ransacked to steal their Chef Boyardee because they're not going to die. And there are people in cities who have guns. And the people in cities
Starting point is 01:12:52 who have guns are the people who don't follow the law. I don't even know how to talk about how people in a city can defend themselves in that situation. Is that even a viable conversation? No. You need to get out of a city. Even a big suburban area, you won't survive a long collapse there. You've got to get out. You city, even a big suburban area. You won't survive a long collapse there. You got to get out. You have no water, you can't raise food, and there's
Starting point is 01:13:09 just too many bad people around. You need to get out. Yep. You're, you're in trouble. If, if the power grid goes down, like I said, it's something around 10% of the population will survive after a year. Because I mean, a bunch of people that are, you know, a significant portion of the population is going to die just because they don't get the medication that they need. Diabetes, you're gone. If you have, if you have any kind of, uh, any kind of heart medication, whatever, you're gone. And government regulations prevent us from stockpiling that kind of stuff. The government is the biggest barrier to preparation, all the regulations and rules. They're outlawing wood stoves.
Starting point is 01:13:41 Wood stoves is our main industry. Yes, we got solar, but if we're going to heat and we're going to cook meals, we need wood stoves.lawing wood stoves. Wood stoves is our main industry. Yes, we've got solar, but if we're going to heat and we're going to cook meals, we need wood stoves. They're outlawed in a lot of areas. You can make one with a tin can. Not a really good one. I made the point
Starting point is 01:13:58 a few months ago that one of the benefits we have as civilized society is the I I would just say, passive knowledge. That is, we know smelting ore is a thing. We don't really know how to do it. I mean, I don't.
Starting point is 01:14:15 But just the knowledge of its existence means that in the event of a collapse, we could eventually start trying to work out how this thing had been done. Whereas thousands of years ago before the discovery of you know certain technologies they didn't know they couldn't even begin to try and find things because they didn't know it existed right that's a good that's literally the bad side is you know when the grid's down and you're back to the 1800s most americans can't survive in the 1800s well no no the skills to do no. They don't have the skills to do it. My point is, I think, so I made this point, and then all of a sudden a bunch of like weird left-wing channels were like, Tim Pool thinks he can blacksmith.
Starting point is 01:14:51 And I was like, my point was that I can't. My point was that none of us can. My point is that something is so basic as taking a rock, heating it up, and making metals that's been done for thousands of years. The average person has no comprehension of. We know it exists so we can maybe after a few years figure it out. But my point is like, I think the people who watch this show, the people who are aware of this already are likely the people who would survive. Likely, not everybody.
Starting point is 01:15:20 We're talking about 10% of the population and when the power goes out, I'm willing to bet that it's 95% of people who watch shows like this Well, you gotta have a lot of people to do this If you're gonna survive in a remote area with marauders around you have to have a lot of guards on duty at once and I Don't mean two guards. That's not a lot of guards If you've got it, you know 30 people and you're hiding out in some rural area and you got two guards on duty at night That means the two of us can take you out because all we do is we watch you clandestinely We figure out you got two gods. duty at night, that means the two of us can take you out. Because all we do is we watch you clandestinely. We figure out you got two guards. We know where you are. We set up
Starting point is 01:15:49 our shots. 2.30 or 3 in the morning on the walkie-talkies. You got your guy? Yep, I'm ready. 5, 4, 3, 2, 1. We shoot at the same time. Your two guards are now dead. Did someone inside hear a gunshot? They might have, but 2.30 in the morning, they wake up, they heard a noise. Do they hear anything else now? It's completely quiet. They go back to bed. So the other 28 people are sleeping inside. Two of us go in.
Starting point is 01:16:12 If you're lucky, we just steal stuff. If you're not lucky, these marauders now kill you while you're sleeping. You need a lot of guards. You need a lot of discipline and system. That's why Fort Hood Ranch is set up to have a lot of guards on duty. A lot, everyone, all our members have weapons and we can defend ourselves. But as a typical person, he says, oh, I'm going to build a little house somewhere and my family will come and we'll survive.
Starting point is 01:16:36 You might survive the first month or two, but after the easy targets are gone and marauders are going elsewhere and everyone's left New York City and they're all out in the rural areas looking for food. They'll get you. So I was this past weekend hanging out at the casino and the conversation of The Last of Us comes up, the TV show. And this one guy, it was one of the funniest things ever. So someone, the issue of Mario Brothers comes up because a guy has a little Mario Brothers toy. And then I mentioned that the Mushroom Kingdom people, like Toad, are cordyceps-infected humans because the fungus is growing out of their head. It's a joke.
Starting point is 01:17:13 And then some guy is like, hey, have you seen The Last of Us? That show is really great. And I was like, yeah, I actually really enjoy it. And then he looks around the table and goes, except for that one episode. And then everyone starts going like, yup. And see, the thing is, you're not allowed to talk politics when you're at the casino at the tables because they don't want any animosity. But there's an episode where there's a lot of gay sex in it. And so but everyone immediately talking about it.
Starting point is 01:17:37 Now, the reason I bring it up in this context is the guy then says, I don't understand why movies and shows keep doing this stuff. To me, it was actually astounding to hear because I've been talking about it for 10 years, why we're seeing more and more of this. The reason I'm bringing it up is not to rehash any kind of wokeness, but to point out regular people have no idea what the is going on at all. And I don't blame the guy. He's just some dude who probably works his job. Then he goes and watches TV shows with the wife, hangs out on the weekend at the casino, and is confused. That's why he's seeing gay sex in a TV show. Me, I'm like, oh, I told him Hollywood has threatened to withhold tax credits from companies unless they put this stuff in. He didn't know that. I think the people who are watching shows like this are the people who probably will survive. Not every single one
Starting point is 01:18:23 of you. Sorry, because I think that would be absurd to say 100% of the TimCast audience will make it. I don't know. But a large proportion, a large portion. Because so many of these people who watch have already said, I've moved away from cities. I've gotten chickens. I've tried to be more self-sufficient and more self-sustainable. That's the kind of attitude you need if you're going to make it.
Starting point is 01:18:39 Now, if you really want to guarantee you make it, you just go full prepper. Because the preppers are going to be the one who are laughing in the end. They got nothing to worry about. They got three years worth of beans, you know, frozen or whatever in a sub basement. The rest of the people in the cities, I don't know, a couple of days, they'll be drinking blood. I'm not even kidding. There's, you can't drink this in New York. What's your water supply. If you know where to look, there's actually a Creek that goes under the city and there's this video where a guy hops over like a six foot wall into a space between a building and he says they've preserved this stream that used to be here okay great you got some really dirty and disgusting fresh water
Starting point is 01:19:15 good luck as well drink the hudson better than the salt water i guess no most people are going to be thirsty and when all the water's gone and so first of all the water pumps aren't going to work a lot of the water pressure comes naturally because the water comes from an elevated source. So I think up to like, I think New York has a few stories of water pressure, interestingly, but all that's going to fail because it requires systems and maintenance and one water main breaks. Nobody's paying attention to it. No one's working on it. Water shuts down very, very quickly. I think within a few days, water stops working. Then bottled water is gone. Gatorade is gone. Whatever drinks people have, those are dehydrating you. They're not hydrating you. The sugary drinks, that's all
Starting point is 01:19:54 gone within a matter of a few days, not being replenished. Then someone finally says, I'm thirsty. Many of these people start leaving. Shooting starts happening. People are starting to get hungrier. Now the food's going away. A lot of it's spoiling. Shooting starts happening. People are starting to get hungry or not. The food's going away. A lot of it's spoiling. I would say within a few days, people are drinking blood because there's nothing else to drink. There's no water.
Starting point is 01:20:14 What do you do? People are going to become very, very desperate. You'll die within a week with no water. So they'll start walking. But how far can you walk out of New York before you find water? You're not gonna find water. The average person will not do it. Some people will, don't get me wrong. Some people are smart. They'll follow an animal. That's one of the things they do. You, uh, what they, what they say
Starting point is 01:20:34 you do is this. If you find a wild animal, you capture it and make it wait for a little while. I think I, I think I learned this on Joe Rogan. Then you release it and chase it down and it will immediately go to its known water source. I think he was talking about how they find water in Africa. They catch a baboon and tie it up. Yeah, baboons. Once it gets really dehydrated, they let it go because they have a secret
Starting point is 01:20:58 water source and then it'll run full speed and you just follow it to the water source. Some people are smart enough because they listen to Joe Rogan. They'll know how to do that the average person is going to go wandering around going does anybody have any water does anybody have any water it's going to be brutal buy guns and ammunition get out of cities i mean it's you can do a lot fix the fucking world man like i i don't i'm not satisfied leaving the world shittier than it was when i was born that's that's not the that's not the issue and the issue is the world is an imperfect machine i know but i just saw you smiling when you were saying like how bad it's gonna get you i like i
Starting point is 01:21:35 saw the smile on your face it's not good oh come on man that's disgusting i'm not bad oh i'm so happy that's that's ridiculous that you would imply that you talk about like how fun it'll be to live in a van down by the river like it's not good that stuff's bad it's bad i'm talking about enjoying rolling up my sleeves for a hard day's work and getting away from all this stuff i'm not talking about anything good that comes from people killing each other to drink each other's blood a good thing that's the nightmare scenario a good thing is trying to be done is that documentary talked about grid down power It's not just a documentary about how bad and vulnerable electric system. David Tice, a producer of it, he talks, he's got a movement going to try to get people to pressure the politicians and the utility companies to harden
Starting point is 01:22:19 our electric grid. We can harden our electric grid. It's not hard to do. It's really not that expensive yet. Some billions of dollars, but compared to the consequences, it's cheap to harden it. So grid down, power up is all about trying to get that done to get people to fix one of our biggest vulnerabilities, our God, our electric system. As for pandemics, you can't stop H5N1 natural mutations. I think our intelligence community probably has been successful in stopping a lot of terrorists doing it. And I'm not going to get details. I don't know them. I could speculate that was my career. But I think I suspect there have been people trying to release H5N1 human,
Starting point is 01:22:57 human contagious viruses. And our intelligence community around the world, they're very good at finding people like that. So we may have already shut some down. So government may be doing some good in that regard, but you're not going to stop this forever. You're going to have to deal with an H5N1 pandemic and we should be preparing for it, which means huge stockpiles of food should be around, stockpiles of water, the ability to operate when bad things happen. That's what we should be working for. You know, the government's got it for them. They've got Mount Weather, CIDAR, Raven Rock, all these great facilities to keep the top government officials alive.
Starting point is 01:23:33 And they ought to be warning the public, there are some bad things coming. We can't stop all of it. You need to prepare to survive a collapse. And they're not doing that. They're dishonest. I'll tell you, when, and I know everybody's heard me say it a couple times, but when I doing that. They're dishonest. I'll tell you, when, and I know everybody's
Starting point is 01:23:46 heard me say it a couple times, but when I started promoting safeandreadymeals.com, emergency food stuff, this was right at the beginning of the pandemic, the market's collapsing, and a whole bunch
Starting point is 01:23:54 of corporate press, leftist publications, started making fun of the idea, how stupid are you to buy emergency food? How embarrassing. And I'm just going to be like they're not doing that anymore this was in the wall this is in the washington post
Starting point is 01:24:09 the preppers were right this was in the washington post bloomberg news kind of you know left-leaning perhaps media they've admitted the preppers were right all along by the way this is the picture on the front page that's fortitude Hutter Ranch, West Virginia. They showed our facility. We got no credit for it. They didn't list that this was Fort Hutter Ranch, West Virginia. And the thing people don't know too. Prepping is recognized as being good, but still the government isn't coming out saying
Starting point is 01:24:35 H5N1 is a threat. You need to be prepared. And one of the reasons they don't want to do it is they don't want people buying guns, which you absolutely have to have, and especially military capable guns people buying guns, which you absolutely have to have, and especially military-capable guns with large clips, because you've got to deal with marauder threats. So they're not being honest, but even the left recognizing that you do need to be prepared. It was funny when the pandemic was starting, and a bunch of liberals were lining up outside
Starting point is 01:25:00 of gun stores, and there was a viral video of a guy he said he he was saying something like stop coming to me and getting mad that i can't sell you a gun you voted for these laws so these california liberals walk in and they try to buy a gun he'd be like okay come back in a week and i'll let you know and they go what do you mean i need a gun now and he goes well you can't have one you voted for this it's what you wanted now you don get one. Get a long gun chambered in 5.56. Get a handgun in 9mm. These are the most common calibers in the country. You need to know how to use these things.
Starting point is 01:25:34 Go get training. Get food. It's not super difficult to do these things, and it's not super expensive either. But it's been a long time that a lot of people have been talking about the possibility of significant consequences or some kind of collapse or whatever i know there was a bunch of people that bought their first firearm in 2020 during the summer of love and stuff get training just go out and do it you're never
Starting point is 01:26:06 you're not going to regret it it's going to be uh you know a couple afternoons or a couple days to get training just go out and do it someone said the judge 45 cal and 410 uh and there's also the governor i have the governor oh yeah i fired that thing yeah with, with four, it's a, what is it, Smith & Wesson, I think? Yeah. It's a, yeah, chambered 45, if you use the moon clips, I think it's called, that you can do a 45 ACP, 45 long, or a 410. Shooting 410 at that thing, pretty, pretty, pretty crazy. That's how I like the judge. Bill, it's my snake gun.
Starting point is 01:26:41 You know, I got the 410 shells that there's a snake, but you got the.45 if it's a marauder. Earlier when I brought it up. Or they have buckshot with a slug behind it. The one other thing I agree with here too, but the third we use is the 12-gauge pump. Because especially if you're in your house or close quarters, and if you're not a good shot, and most people you're going to be scared,
Starting point is 01:27:03 it's a lot easier to hit with a 12 gauge when you're shooting that than an AR. Also, guns can have flashlights now. Put a flashlight on it. A semi-automatic shotgun, I think, is better. The recoil on a pump shotgun is pretty intense. So a lot of people, when we would bring them to the range, they'd be like, I'll do the shotgun. It's like, that's actually going to hurt you the most. You're better off doing something.
Starting point is 01:27:23 We're trying to help people make it more affordable so you can get a pump you know walmart's not selling them as much as they used to you and still find some walmart's that'll sell you a nice pump you know browning or something for 180 you can get a remington 870 for less than 200 bucks and they've been making that thing or a mossberg 500 something like that those are pump shotguns and there's they're super super reliable get these types of firearms have been around most of them have been around for 70 or more years nine millimeters been around for decades and decades 556 has been around forever and ever and ever same thing with 45 these are not new fangled things the operating systems of all your firearms
Starting point is 01:28:02 that you're gonna buy they're 100 years old they all they're not yes you can go and buy these things you know while you still have the chance yeah might i recommend a caltech ksg 25 hey there holds 25 shotgun shells two mag tubes and it can switch between the two actually uh i i don't want to give anyone any advice on any of this stuff i'm gonna tell you i have one of these and the reason I think it's really good is not only can it hold 12 shells per magazine tube, the ability to switch between the two, you got 12 in each and then one round ready to go, is that you can put an all one side bird, one side buck. And so, or one rubber and one lethal. So you can flip the switch to the left and then you're all non-lethal.
Starting point is 01:28:44 You can flip to the right and now you're lethal so i think that that's actually you know tremendous versatility but that's just me 12 gauge is great i like that thing a lot is that the one that crowder purchased no no no that was a sig m400 wow talk about a beauty of a rifle so you know i've got like a there's a local shop and i bought a mil spec 556 AR-15 and it's nice. And then Crowder got me the Sig M400 and it's just substantially better. You know, earlier I was kind of like, Tim, you're smiling. But like, I think I know that you want the best for people, but I get concerned about the fantasy of this because I play a lot of video games.
Starting point is 01:29:24 I have my whole life like, oh, yeah, survival games. And even like a genre now, it's really weird. I'm like, you're searching through post-apocalyptic houses and stuff. It's disturbing. I don't want the fantasy to ever like overcome reality and think like that would be good. I'm preparing for that. So let's make that happen kind of thing. I get what you're saying, but I think that we are at the very least the fact that we bring up the the low survivability rate the the realistic
Starting point is 01:29:50 scenario of one in 10 people making it more than a year i think at least we're we're looking at it in a fairly sober kind of way because we aren't it's not like we're like oh man everything's gonna be great it'll be cool we are talking about you know a death rate of 90 and that's that's um a vector so like you're gonna say five ten percent of the people will be left over after one year that's uh an angle on its way down so you will imagine there'll be many many less yeah might even be less than ten percent of ten percent after two years oh and we'd like good people to be amongst that 10%, not mainly marauders. But, you know, back to the, you know, the moral issues, you know, we don't think we're going to get in a firefight at Fortitude Ranch because we have cleared lines of defense, walls,
Starting point is 01:30:35 guard posts. We're designed to be a survival facility. So marauder group's going to look at us and they're going to see every one of our members outside is armed. That's a requirement in a collapse. You'll have your weapon. They're going to look at us and they're going to say, uh-uh, I'm not attacking these folks. They'll leave us alone. So we won't get in a firefight. So we won't be putting our members in a position where they're shooting other people, hopefully. You'll do it with defensive prowess instead of heads on spikes? Correct. Absolutely defensive. You know, we're not an offensive militia. We defend our private property. We've got our farm animals.
Starting point is 01:31:08 We've got our food stockpiles, our solar systems, propane generators. We've got everything we need. We don't, you know, we'll go out to hunt when it's safe, a little off our property, but we defend our property. And I don't think we'll be attacked because our defenses are so good, the marauders will go elsewhere. But Ian, why not both? Heads on spikes?
Starting point is 01:31:27 Why not both? Only if they're skulls because the meaty- The skulls are inside? Yeah, but the meat- What if you convert the body of the marauder into a biofuel to run the generator? Only if the head can be on a spike out front, though. I'm going to get into details of our operations, man. If a marauder does attack us and they get killed,
Starting point is 01:31:45 we're probably going to bury their bodies with our tractors and wearing our chem bio suits in case there's a virus. We'll bury their bodies in a shallow grave where our chickens can benefit from the worms they produce. We will put them to use to have maximum food production. I don't know if I would want to eat chickens or chicken eggs that came from them. It's the worms.
Starting point is 01:32:06 It's the worms eating your flesh. They're perfectly fine. It's the circle of life. Do you take like one really big sniper tower? Do you have like one really tall tower? I don't want to give out our locations. One of our locations is of a very tall log tower. It's actually the tallest log building in the world.
Starting point is 01:32:22 It's five stories tall, tall log tower. It's not West Virginia. But most of our places, no, we're not tie up. We tend to be like West Virginia or Tennessee location. We're in forests and usually we're surrounded by public forests. So you can't do any really long distance shooting. We're going to clear trees for lines of fire, but it'll be close. Which the other reason why 12 gauge is fine.
Starting point is 01:32:43 Most of our shooting, I think will be within 40 yards or so. But again, I don't think we'll have to do shooting at Fortitude Ranch because they'll see, you know, we'll have walls up. We'll be behind walls, guard posts, 100 people plus at every location with arms. They're not going to bother us. Because again, if you get shot in a collapse, you know, there's no mass units, there's no helicopter evaluation, there's no hospitals, you're going to die. We have clinics, the marauders aren't gonna have that. People don't understand infection is so insanely serious that you get shot, it's not just like, well I got shot, it's like, oh no, you're likely gonna get infected, you better get that out, get it cleaned, and
Starting point is 01:33:21 get it taken care of immediately. Yeah, so you should stockpile antibiotics. Who's gonna stop you from stockpiling antibiotics? The government. That's right. You can't do that. That's because you need a prescription. Yeah, you got to do it. And government is the biggest barrier to prepping there is.
Starting point is 01:33:34 It's horrible. Let's go to Super Chats. If you haven't already, would you kindly smash that Like button? And if you like the work that we do and you want us to keep doing that work, go to timcast.com, click join us and become a member because as we already saw with BuzzFeed, ad rates, ad revenue is dropping rather seriously. And you know, I will say this, take care of yourself first and foremost, but if you have the means and the capability and you like what we do, then I would ask you to become a member so that we can keep doing this as well. Because if it does get really bad in the coming
Starting point is 01:34:05 months in terms of the financial crisis, well, then that's us. But you know what? I'm not going to be somebody who's going to tell you to prioritize us over anything you have to do. So make sure your money is going to taking care of yourself, your friends, your family. And then if you actually have the capability and want to support us, then by all means do so. And we'll make it work on our own. As I mentioned, part of me is like, I wouldn't mind getting a van and going living down by the river. But if you like what we do, then support our work. All right.
Starting point is 01:34:31 I'm not your buddy, guy. Always the first super chat says history repeats only faces and tech change. Summer of Love was our Kristallnacht. January 6th was our Reichstag. Socialists are on the march again with matching uniforms, symbols, and violent ideology. Yikes. Yeah. Sideway says, just learned today that my credit union has a DEI initiative. How worried should I be? I am going to take a look into our financial institutions. So we have a couple different ones that we use. One of them is a very local one, which I have the most confidence in. So, all right, let's grab some more. Raymond G. Stanley Jr. says, Tim, the Capitol show was top,
Starting point is 01:35:19 deaf, worth a second watch, more please. And, but of course the SVB bailout happened while still no ballot for the people of East Palestine, Ohio, no civil war. Yes, revolution. I agree. Yeah, I think we'll do more of the congressional shows. The issue is what Matt Gaetz was saying is that Friday morning at 10 a.m. was when everybody did their last vote and they immediately fly out and leave. Nobody wants to drive an hour out of D.C., then back, then get on a plane at midnight. But he convinced Rep. Bishop to hang out. And so for us, it's like, dude, we will gladly take uh rep bishop to hang out and so for us it's like dude we will gladly take a drive down to the capitol and do a show from congressional offices that's amazing and fun we'll just try and make sure the audio works next time but uh because you know two for two two
Starting point is 01:35:55 for two but it wasn't that bad actually i watched it back and it was just like it was it was it was kind of weird something happened where the like we have the mics really close but it was kind of weird. Something happened where the, like we have the mics really close, but it was like the mics were hypersensitive. Well, do you want me to explain what it was? What was it? For everyone that's, you know, giving me all this audio tips,
Starting point is 01:36:13 like, I don't know what I'm doing. Like I'm not a professional. We were running a line out into a mic in, so that extra six DBs was really difficult to deal with. And just keeping the right microphone. Well, then maybe sometimes, but it won't happen't happen again needed to be pulled out or something
Starting point is 01:36:27 yeah potentially yeah whatever but it was fun it was fun so i'll definitely do more than apparently we made a bunch of news because bannon said something about elon elon fired back and all right raymond then says tim these spot-on guests lately. Are you a fed? I know this is a thing that we've done consistently. For some reason, we have guests sometimes that just land perfectly in the news cycle. So we have Drew Miller, the CEO of a disaster preparedness recreational facility, basically like a prepper company, if I'm being a little bit crass, and scheduled to come on a day, literally the first day for news after major banking collapses and everyone's worried the financial system is going to implode. And they're like, did you plan this guy to be here and talk about this stuff?
Starting point is 01:37:11 And it's like, it just sort of happens, I guess. But also, I mean, look, to be honest, the H5N1 stuff, that was, we were talking about that a month ago, you know, and we're still here talking about this breaking update on it. So, you know.
Starting point is 01:37:24 All right right we'll grab some more pat meadows says every tomahawk missile has 30 pounds of silver in it so every time a missile is fired that silver disappears buy silver and super jets that's right thank you and also we have news on the discord so um it is nearing completion we are going to have active staff we're running it the idea is here here's the challenge we ran into we don't we don't want to get banned but people will come and try and sabotage it so what we're going to do is we we we were at first advised to do a paywall thing so that you know weirdos who want to sabotage you won't want to pay to get in and then we're
Starting point is 01:38:04 like yeah but that means like our regular members who can't afford it aren't gonna be able to come in. So the idea is going to be if you're a member for at least six months of the website, if you already have that in your track record or whatever, you're instantly in the call-in suite. So we have like, as soon as you're a member, you get access to the basic lounge. After six months, the door opens for the VIP lounge where you can ask to do call-ins and talk on the show. Or if you're signing up as a new
Starting point is 01:38:33 member, it's 25 bucks to instantly get access to that room because we didn't want to make it just paywalled, but we didn't want to have it so there was no gate because then people will come in and screw with us. And then we're going to do an elite membership club thing that we're trying to figure out where it's like $100 a month for a VIP room where we'll figure something out. I don't know. That just seems like a good idea because the $100 a month one is going to be more like a club with more perks and benefits than just the lower tier rooms. Like maybe even access to the club at the new coffee shop we're building. Something all-inclusive and community building and like something like that, but we'll figure it out. But, um, we gotta, we gotta do all the, all the development for it. So it's, we've got to set it
Starting point is 01:39:12 up so that it can integrate with the website. That stuff takes time, but I'm hearing good things about it being, being ready to go. So, uh, at about 10, 10, we're going to do a members only live portion of the show at timcast.com. It'll appear on the front page. There is a comment section where you can comment, but we're building out the discord so that you can chat in real time and we can talk. And then in that uncensored show, even pull in people to have you all talk on the show and ask the guest a question or ask us questions. I'm really excited for that. I think it'll be really, really interesting. So, but we're trying to figure it out. All right, let's grab some more.. So, but we're trying to figure it out. All right, let's grab some more.
Starting point is 01:39:48 Michael says, Tim, you're wrong about kidney donors. They live a normal life just with one kidney. The donated kidney has a 15 year life expectancy, but it can last longer. I have a transplanted kidney and pancreas in October. It'll be three years. God bless. I appreciate it. So I think what I was trying to say is, right, if you're only on one kidney, my understanding is there's restrictions.
Starting point is 01:40:08 You can't drink. There are certain things you've got to be careful of. You've got to watch your diet, stuff like that. What the hell? This study shows that people who donate a kidney outlive the average population. What? 20 years after donating, 85% of kidney donors were still alive. Expected survival rate was 66%. I'm not sure.
Starting point is 01:40:23 Could it be because they're like if you eat too much of this or drink you will die and they go okay i'm gonna be really healthy it's self-selection bias you can't donate unless you're in really good health right yeah all right alessio diamante says the fdic issue is that it can take up to three months in the end you will get up to 250 000 back but how will you live in the meantime? That's tough. That's tough. Lukuba says, this feels like government beginning to take over banks so they can start cutting people off who don't toe the line. No, that was probably a long time ago, to be completely honest.
Starting point is 01:40:56 Yeah, I mean, 2008 was way worse, but we'll see. We'll see. The second and third biggest collapses happening back to back is kind of worrying. Sean Ryan says, credit suisse is next to fall global market next you want to look that up yeah are they they've been troubled a long time yeah that's scary whoa sim burn says phil i remember your halo 3 myspace multiplayer video of 15 to 0 you're still a halo legend before anything else to me remember reach and og bungee oh god i love halo i love halo you ever play destiny i play i literally was playing destiny
Starting point is 01:41:32 right before i left the company oh really oh yeah light falls the new one that came out yeah really i just i played it when it first came out i played it all through uh until what was what was the last one i played the the one where the darkness finally got released okay yeah which one was that uh that was no i don't i don't remember what it was called but there were they that was after they started doing the seasons and stuff yeah it was the last one i played yeah i i think it's still worth worth your time i mean it does get a little too grindy where that's the only one constantly doing the uh the daily grind and stuff like that but destiny i like destiny one better because the pvp was all slide shotguns you would just slide and then boom shotgun and you you'd take them out
Starting point is 01:42:12 and then destiny two they're like we're gonna like nerfed it yeah nerf the shotguns and make it more about your primary and then it's like let's play overwatch now there's and you can carry have three guns and this one apparently the other one you can only have two or something like that you can always have three i never destiny one light special and it didn't make sense in part one why something was special and why something was primary but now they've kind of figured that out yeah and now heavy weapon ammo and stuff i don't know i haven't played part two in a while but you know destiny was a really good game it sucks because in the beginning there were fun things people discovered and they got rid of it all like you used to be able to go through walls using the sparrow oh really yeah and there
Starting point is 01:42:49 was there were there were there were parts of the of the game world they had made that they didn't open and we would go into these discontinued areas that like didn't get released and it was fun and then they would warn you like we will ban your account if you keep doing this and i was like do it then you don't get my money. I don't care. I'll make another one. It was fun. Now you can't do it anymore. It's just a bummer.
Starting point is 01:43:08 I couldn't confirm anything about Credit Suisse except that its shares are at an all-time low as of like 15 hours ago. Hill Billory Clinton says, Tim, start your own bank. I already gave you a ton of my money because I'm trying to fund the Timpire. I really do appreciate that. I think maybe Jeremy Boring needs to create his own bank. The Banking Wire. That's a good name. The Banking Wire? Like, it's a good name. You know what I mean?
Starting point is 01:43:32 The Banking Wire. Or Jeremy's Bank, I guess. I gotta be honest. If Jeremy Boring started a bank right now, I would immediately move all of our corporate stuff right into it. I don't know that he could. John Rich is, though. we should definitely look into that. One thing I'm really interested in though, is all local stuff. So there are some local banks
Starting point is 01:43:52 that are just West Virginia banks that I'm really interested in. And we are working with one. I would much rather see all of the money. Here's what I'm saying. When y'all give money to timcast.com as a member, that money doesn't just like go into pockets it gets spent in west virginia and maga country it means that the people who live out here are going to the grocery store where there's a guy waving a little trump flag and they're handing him the ten dollars for the pack of beer that guy now has money to buy other things basically you it is it is i want to build up local economy out here where the people are better. And I mentioned being at the casino because I go there all the time.
Starting point is 01:44:29 And a guy asked, he's like, you from around here? And I'm like, no, I'm from Chicago, but I live here now. And he goes, oh, okay. And I was like, better people. And he goes, yeah. And like I said, you're not allowed to talk politics at the poker table. And I was like, if you know what I mean. And he goes, I probably i probably do and i was like i can't say exactly what i mean at the poker table but i got an american flag at my house and he's like yep like we all know exactly what we mean because there's some weirdo people who don't like american flags that's like half the country at this point anyway let's read some more all right this is a good one p didle says too woke to fail yep oh here's a good one joshua carlisle says pbd podcast pulled up fdic balance sheet showing they only have enough to enough to cover 1.26 of the 9.9
Starting point is 01:45:15 trillion in deposits countrywide okay but svb doesn't have that much so it would have to be a run on every single bank look Look, all I'm hearing from people is that they're pulling money out. Every, every person I've asked, every person I've talked to since we've heard about this news, they go, are you pulling your money out? Are you going to, are you going to pull your money out of the bank? And I'm like, are you, are you asking me this? Because you are going to, because me, I'm not doing anything. Like I'll pull out some cash. There's, there's no way I can pull out all the cash. But I'm hearing tons of people being like,
Starting point is 01:45:47 yep, went out and pull out the max. And I've also heard from some people saying they tried to and weren't able. I don't want to name who those people are, but you know, some prominent people. You know, the other reason why I don't think there's any likelihood of a bank run in depression analogies don't work is,
Starting point is 01:46:02 you know, most people don't use cash. I have almost nothing on me. I use credit cards. So your credit card is still going to work. work is, you know, most people don't use cash. I have almost nothing on me. I use credit cards. So your credit card is still going to work even if, you know, there's a bank run. But, you know, there's no reason for a bank run unless people are rational. Can that happen? Absolutely. But we ought to be assuring people, don't worry, you don't need to take your money out, your bank money's insured. But we again, shouldn't be bailing out the people who've got huge amounts of money invested in bad investments.
Starting point is 01:46:27 And now we're going to pay the price to save them. Did you know that you can buy a 55-gallon drum of 5.56 ammo? How much does that cost? Like 10 grand. Wait, wait, wait. Say it one more time. You can buy a 55-gallon drum of 5.56. Where?
Starting point is 01:46:42 From Brownells. Brownells. Put a bookmark on that. I'll send you the link.56. Where? From Brownells. Brownells. Put a bookmark on that. I'll send you the link. Yeah. 55-gallon drum of 5.56. Wow. Green tip.
Starting point is 01:46:51 Don't let that catch on fire. Steel core. Oh, man. Steel core? Steel core, green tip. I don't know if you want that, though. I mean, that's... I mean, what...
Starting point is 01:47:01 Steel... I know, I get it. Green tip through a 20-inch barrel is going to vibe check anybody's armor. It's going to... It's going to... It's seriously... It's going to vibe check a helicopter.
Starting point is 01:47:10 20-inch barrel with a 5.56 is the meanest... It's one of the meanest bullets you're going to find. So, anyways. I like 11.5-inch barrels, but that's just me. Go ahead.
Starting point is 01:47:23 All right, Tim Sprague says, I started native homesteading for the modern day homesteader to buy and sell products. I started this because you told us to get out of the city. Very, very cool. Native homesteading. Yeah. I certainly recommend it.
Starting point is 01:47:35 We've got a lot of work going on at the new property for the new headquarters, and we're trying to get a bunch of infrastructure built like internet, but the materials are all in short supply, so it's taking forever. It really has been crazy over the past couple of years but uh i'm really excited i'm really excited for the new hq all right where are we at hayden 75 says is this the black swan event that could cause the collapse no a black swan event is something that can't be seen we have watched this train barreling down the tracks in 2007 at least yeah yeah but the average person doesn't the average person is like who's joe biden and you're like oh heavens and you can't you know what do you do man what do
Starting point is 01:48:16 we got here we got another slide yep black swan the black swan what does this say well it doesn't say it's an unforeseen event people warn warn about black swans. The thing is you cannot compute a probability, just like we cannot compute a probability of H5N1 naturally mutating into human-human transmissible. You can't. There's no data to do it. We can't compute the probability of, you know, artificial intelligence leading to a collapse.
Starting point is 01:48:41 There's no data for it. So you can't compute probabilities, but you can foresee these things happen. There's no data for it. So you can't compute probabilities, but you can foresee these things happen. There's usually experts warning about them, but we normally ignore the warnings. And we're so focused on having statistics and probability and assuming it's a normal distribution, that's what Nassim Taleb wrote about in The Black Swan, that we're suckers for Black Swan events. So we need to pay attention to the warnings. Don't try to calculate a probability of an unforeseen event.
Starting point is 01:49:09 It hasn't happened before. You can't calculate a probability. So you need to be watching out for them. And if you watch out for a black swan, you can be prepared for it and you can survive if it's a collapse or you can make money as Nassim Taleb does as an investor. How much of like the H5N1 is hysteria? Because I just got the last three years of people telling me COVID was going to kill me. And it's like, I'm so burnt out on that. They're completely different. COVID-19 from day one, there was a Harvard medical, in our Fortune newsletter, when it first came out, we said, this is not the
Starting point is 01:49:41 collapse from a pandemic we've been worrying about. This is not it because there was a Harvard Medical Study early out saying the lethality of this is way below 1%. Way below 1%, you don't need to worry about it. It's not going to stop people from going to work unless the government makes you do it. It's not going to cause a collapse. This is 60% lethal with H5N1 amongst humans. Now, when the virus mutates, that could change. But it doesn't need to be 60. Anything double-digit is what we say. That's going to
Starting point is 01:50:10 stop you from going to work. Because policemen, for example, if there's even a low 20% probability avian flu variant, if you go to work, it's not just a 20% chance you'll die. It's a chance you're going to bring that virus home now. If you've got a couple kids, one of them will die. Is it like of the 60% of people that die, 99.99% are obese or something like that? No, it's just that's the total count. We haven't had many human-to-human fatalities from avian flu, so it's a complete census of the deaths,
Starting point is 01:50:40 and it's a 60% lethality rate. Now, it could be a little bit lower if they've completely missed some cases. His point about police officers and stuff like that is extremely important. Like, people think that, people forget that the, whatever the situation is that's going on
Starting point is 01:50:57 that's causing civil unrest, if it's bad enough where cops decide I'm staying home to protect my family, that's the line where, like, just falls to shit right like so you can have society kind of limping along if you have people that are still going out and trying to keep society functioning properly once people start saying no i'm not going to do my job, and you're talking about the infrastructure jobs like police, fire, etc., EMS. Once those people
Starting point is 01:51:30 decide, I'm staying home to protect my family, that's when all bets are off. That's when everything falls apart. Or if there's too many people looting and creating violence at once. You saw that in Portland. Even if the police are out, if there's a lot of people causing violence, you can't stop it.
Starting point is 01:51:46 There's just too many people to stop. Yeah. Let's read some more Super Chats. All right. What do we got here? Jesse B. says, the irony is if the diversity manager had diversified their funds, they wouldn't have been hit so hard. Ha ha. I was just checking my messages.
Starting point is 01:52:03 There's a new PragerU video out featuring me. Oh, I saw. I saw. Yeah, so you guys, you should check that out. I think it's on their YouTube. I need to check. I just saw the message. But yeah, I filmed with them and we talked about fake news.
Starting point is 01:52:15 And I think something else. It was great. Your question, how many times does someone have to lie to you before you consider them a liar? Yeah. Once. We worked together on putting it together together i gave them a bunch of bullet points and ideas they wrote up like a bunch they like framed it out for their other video style
Starting point is 01:52:31 and then i came back and then you know we went back and forth on writing out a script it was really really cool then i sat in a weird room and there was a big screen screen behind me and then i said a bunch of words from a teleprompter it was fun it was really good though yeah all right uh number one american rob says tim you convinced me that west virginia is a good spot to ride out the downfall i'm a maintenance guy sustainable gardener and have experience in live events plus more do you have any jobs open for a guy like me yes email jobs at i think it's jobs at timcast.com and uh we will, I'll write down your name. We have a job opening too in West Virginia.
Starting point is 01:53:09 We're looking for a ranch manager. So if you've got military or law enforcement officer experience, and especially if you also have some construction skills, because we do a lot of building, just go to our website, 14ranch.com. Email me, manager at 14ranch.com. We're hiring in West Virginia. Also, Tennessee is looking for a ranch manager too. We're opening a new location there. And then New York is coming. New York? We're opening more franchise locations, New York, not New York City,
Starting point is 01:53:36 well out of New York City, a couple hours outside to the north and a little bit west, we'll be opening New York there. So if you've got a really great prepper facility or an RV park and you're interested in joining the Fortitude Ranch system, we're expanding now by franchising. And it's a great way for you to get help with your sales and operations and everything else. Right on. I also do think West Virginia is a great place. The land is inexpensive. It's very close to a bunch of major urban centers, a couple hours drive,
Starting point is 01:54:06 depending on where you're at. And it's an opportunity to grow an economy around people who are good people. And I have to wonder why that is. Why it is that I can go out into West Virginia and be more likely to meet someone who knows a little bit about politics than New York City. In New York City, they'll believe fake things. In West Virginia, they will believe correct things. Not everybody, not completely. I'm saying things like Donald Trump. You go to New York, they're like, Donald Trump praised neo-Nazis.
Starting point is 01:54:35 You come out here and they're like, yeah, no, he didn't. I watched that video. I'm like, there's a tendency among people out here. It's good people, you know? West Virginia has one of the highest rates of military membership per capita you want to guess what area has the worst rate of military participation new york the district of columbia is the absolute worst oh it's not surprising yep yep yep all right here we go legamoth again says as as a doctor, I understand the rationale
Starting point is 01:55:05 for gain-of-function research and I support it. It should be done on a sinkable floating platform in the ocean, hermetically sealed from the outside with a skeleton crew of workers
Starting point is 01:55:13 who live there, not in a huge city like Wuhan. Right, or like on top of a mountain. They do, it's BSL-4, biosecurity level four, and that's supposed to be like the best security. There's four layers, but it's likeL-4, biosecurity level four. And that's supposed to be like the best security. There's four layers.
Starting point is 01:55:27 But it's like, come on, man. Someone gets bitten by a bat and then they leave and there you go. All right. Where are we at? What do we got here? Group B says, Tim, you often say history rhymes. Bear Stearns failed in March of 08. And by September, Lehman Brothers collapsed
Starting point is 01:55:45 ushering the financial crisis. Will we see something similar to that later this summer? I don't know. I don't think that the people that own the biggest banks would be sad if there was another bank consolidation. So don't write that one off. Yep.
Starting point is 01:56:01 I mean, it is different. It's like previously we're talking about value that wasn't there you know when we're talking about uh these uh what's the word subprime mortgages it's not the same situation it was in the past it's different there's different problems it's not going to be the same as oh wait we have we have to see frankly none of us know what's going to happen so yep jareth ogan says so tim are you going to bring back free chat like you said yes so two issues first was we get a lot of people complaining that there's no live chat for the show because it
Starting point is 01:56:31 was just flooded moving too quickly and when people say they couldn't even read it to move too fast so then we were like let's do subscriber only chat and then with subscriber only chat it mitigated some of the problem but still moved too too quickly. Eventually, we were like, let's do time-gated subscriber-only chat. You can only post every X amount of seconds. Still didn't work. Still got spam. Too many people. Still got people saying, I wish we could chat during the show.
Starting point is 01:56:56 So I said, let's do members-only chat. The problem then is, now you've got TimCast.com membership and YouTube membership, and we don't really care about YouTube membership. We just needed a way to create a chat that people could actually read. So then someone gave us the idea of doing a Discord, which then combines TimCast.com with the chat. So it's actually cheaper for you, better for us, brings the free chat back, solves a lot of the problems.
Starting point is 01:57:22 The challenge, however, is really easy to get banned from. So that means we have to work out a system that makes sense. So the idea is if you're a member at TimCast.com, the moment you sign up, you get access to the TimCast lounge in our Discord server. And there's going to be rules. The purpose of the Discord server is for having conversations around the news stories we're covering. And we try to keep the vibe in there similar to the show, meaning don't come into the Discord just to be mean. Come in with a real argument and a concern. And if your concern is an ideology or a lifestyle, make your approach argumentative and academic instead of just calling someone names
Starting point is 01:57:57 because we don't want that. That's not the level of conversation we want to have. Then after six months of being a member at TimCast.com, you instantly upgrade to the VIP lounge where you can go into voice chat. conversation we want to have. Then after six months of being a member at timcast.com, you instantly upgrade to the VIP lounge where you can go into voice chat. And we use voice chat for call-ins on the show. Or if you sign up at timcast.com for 25 bucks, you go into the VIP lounge. We wanted to make sure that there was a way to gate out people who would exploit the system and harass and cause problems. But we didn't want to make it pay oriented because then some people
Starting point is 01:58:23 wouldn't be able to get in. So they were like, time or pay. I said, why not both? So some people can pay, some people can just wait. And that's probably the best way to do it. And then I think, you know, obviously if like you're a $25 member for 10 months, then you just downgrade back to $10 or whatever. And you're in the, you're in the VIP lounge anyway. So you can just sort of pass the gate or whatever. I don't know. We're trying to figure it out, man. There's no simple answers. Obviously I wish everything could be free and we could make money in other ways but it's just not possible we're not commies we're capitalists all right where are we at let's get some let's grab a couple more tn says second time i'm super chatting this look up operation hard tech low yield nuke delivered by balloon at 85 000 feet it. It was a test for EMP effects.
Starting point is 01:59:05 China sent a balloon to test the jet stream and our response. Woo. We talked about that before, I think. I'm pretty sure. It was in 1958. Send a balloon over with an EMP. Tony Tai says, great guest tonight, Tim.
Starting point is 01:59:17 Well, I certainly think so. There you go. All right, let's grab a couple more. Here we go. Sanayo Karizume says, Tim, I work with US Bank. Think it's a good idea to withdraw some funds before it hits them? Yeah, I have no idea. I'm not a financial guy.
Starting point is 01:59:31 I can't give you any advice. I can only tell you that I don't think people going on TV and saying everything is fine is going to convince anybody after 2008. And I mean, that's a challenge. You go on a show like this and say the end is nigh, get your money, and then you cause the collapse. You come on the show and lie, everything's fine. And it's like, who's going to believe you?
Starting point is 01:59:53 So the real answer is, look, man, you make a decision for yourself. I ain't going to tell you what to do. I'll tell you what I'll do. You know, move out of cities, get some chickens, get some emergency food. Because if in the end nothing happens, I got some food and I got some chickens. Sounds like a good life. And then if it really is the worst case scenario and the collapse happens, I am thankful I have food and chickens. That's just me.
Starting point is 02:00:16 All right. What do we got? What do we got? Manipple says microtransactions are great. More paywalls. Well, we're trying to reduce the paywall. We're trying to, we'll have the free chat on YouTube and then the Discord chat for members. That way, this works.
Starting point is 02:00:31 We want to create more things that members get so that your 10 bucks goes further instead of just the uncensored show. So you'll get both. You'll get both. How about that work? How about that? All right. That's a hot take. All right.
Starting point is 02:00:42 Firesky says, what about Gilded if Discord doesn't work out? I guess that's Roblox or something. Yeah, Gilded is Roblox. So it's probably, we were told it was worse. Yeah, potentially. All right, last one. Daniel says, I know Discord chat is already in development, but would it be possible to use Gilded instead?
Starting point is 02:00:56 Pretty much the same thing from my limited look. But we heard that the censorship is actually worse. All right, everybody, but we're getting to it and we will hopefully have it set up. So smash that like button. If you have not already subscribe to this channel and share the show with your friends, because that is the most powerful way that podcasts actually succeed and grow is word of mouth. And also become a member at timcast.com to help us keep the lights on, keep doing the work we do. It's an interesting business model we have. You get the show for free, fine. And then we hope that some people like the show enough that they're going to pay 10 bucks a month for the after show and that funds everything. But if at any point that doesn't work, I don't
Starting point is 02:01:34 know. I don't know what we'd do. The model seems to be working for now, but with ad rates dropping, it's like we're trying to find other ways to generate revenue to keep the company growing, expanding, because I want to win a culture war. So we got the coffee shop. We got a bunch of stuff we're working on. So the live uncensored show will be up in about 10 minutes. Check that out at TimCast.com, members only. You can follow the show at TimCast IRL.
Starting point is 02:01:57 You can follow me personally at TimCast. Drew, do you want to shout anything out? Again, I just appreciate your interest in Fortitude Ranch. We're looking for ranch managers in some areas. We're expanding with franchising. And if you don't do Fortitude Ranch, that's fine. But do get your weapon, as you've been advised, and be prepared because collapse could happen tomorrow, not just from H5N1 or electric system, but almost any cause.
Starting point is 02:02:20 It happens historically. It's going to happen to us. And we're a lot more vulnerable now than we've been in the past. Right on. I am PhilThatRemains on Twitter. I am PhilThatRemainsOfficial on Instagram. Give me a follow. And I'm Ian Crossland.
Starting point is 02:02:34 Follow me at iancrossland.net. Anywhere on social media, at Ian Crossland. Drew, thanks. FortitudeRanch.com is where people can go to find you. And then also this documentary, Grid Down, Power Up. I'm looking forward to looking at that. It's a good grid. Thanks for coming, man.
Starting point is 02:02:46 Thanks. Hi, Serge. I am at Serge.com. If you want to complain about audio, please argue with me on Twitter. Bring it on. I know more than you. Talk to you there.
Starting point is 02:02:57 All right, everybody. We will see you all over at TimCast.com in a few minutes. Thanks for hanging out. you

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