TRUNEWS with Rick Wiles - Mexico’s President Touts Borderless Americas
Episode Date: June 9, 2022Globalists have not touted their scheme for a North American Union since the days of George W. Bush. The idea of a borderless North and South America has resurfaced this week. The proposal was float...ed by Mexico’s leftist president. Doc Burkhart and I have more information about this latest attack on national sovereignty.Rick Wiles. Doc Burkhart. Airdate 6/9/22It’s the Final Day! The day when Jesus Christ bursts into our dimension of time, space, and matter. You can order the second edition of Rick’s book, Final Day! https://tru.news/3LknyuL
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I'm Rick Wiles.
Globalists have not touted their scheme for a North American union since the days of former
President George W. Bush.
The idea of a borderless North and South America resurfaced this week.
The proposal was floated by Mexico's leftist president.
Doc Burkhardt and I have more information about this latest attack on national sovereignty.
It's been a while since I've heard this one, Rick.
It has. You know, Doc, this organization, we played a role during the days of George W. Bush when the North American Union was floated.
Right.
I was the very first radio, at that time we were radio, I was the first radio show host, really the first media person to talk about the Amero.
Right. really the first media person to talk about the Amero. I got wind of it.
I was living in Texas at the time.
And I got tipped off that there was an important meeting
at the Federal Reserve Bank on Pearl Street in downtown Dallas.
And I was able to get a document that had the agenda on it.
And they were discussing something called the Amero, which would be the new currency, the new money of a newING TO, UNDER GEORGE W. BUSH, HE WANTED TO INTEGRATE CANADA, THE
UNITED STATES AND MEXICO INTO ONE COUNTRY, LIKE THE EUROPEAN UNION, AND THE EUROPEAN
UNION HAD THE EURO CURRENCY. GEORGE BUSH WANTED TO DO THE SAME THING. IT WAS GOING TO BE CALLED
THE AMERO. AND TRUE NEWS WENT ON THE OFFENSIVE AND WE BEGAN ALERTING PATRIOTS. went on the offensive and we began alerting patriots. And this was months before other
outlets started picking up on it. Oh yeah. Oh yeah. We went on the offensive and started alerting a
lot of patriots. And I mean, within months there was a serious opposition to it and we buried it.
They were going to build a highway right down the center of the United States of America from Canada to Mexico. Right. And we buried that idea. They dropped it, but it came
back this week. And this time it's not just a North American union. Pan America. Pan America,
the entire North and South American continents. Right.
From Alaska down to Chile.
Yes.
So let's take a look at Breitbart is the news service that first reported the story.
So Mexico's president is reviving calls for a continental super state that would combine
North American employers and South American employees and sideline tens of millions of middle-class Americans.
Quote, I will go in July to visit President Joe Biden at the White House,
and I want to discuss with him the issue of the integration of all America.
President André Manuel López Obrador said at a press conference in Mexico's presidential palace.
He continued, quote, my position is that just as
how the European community was created, we have to do that in America as well.
Well, let's ask Great Britain. How did it work out for Great Britain?
Well, it didn't work out. They decided to leave.
They got out because it was miserable. And it's impossible to integrate a number of countries AND IT'S IMPOSSIBLE TO INTEGRATE A NUMBER OF COUNTRIES WITH DIFFERENT LANGUAGES,
DIFFERENT CULTURES, DIFFERENT HISTORIES.
IT JUST DOESN'T WORK.
AND THAT'S WHAT THEY WANT TO DO.
I MEAN, LOOK AT THE EUROPEAN COMMUNITY NOW.
THEY HAVE A PARLIAMENT.
ACTUALLY, IT'S KIND OF CONFUSING.
IT SEEMS LIKE THEY HAVE SEVERAL PARLIAMENTS,
DEPENDING ON WHAT DAY OF THE WEEK IT IS. BUT IT'S HUGE. IT'S HUMANGUS. IT HAS HUNDREDS OF DELEGATES IN IT. Actually, it's kind of confusing. It seems like they have several parliaments, depending on what day of the week it is.
But it's huge.
It's humongous.
It has hundreds of delegates in it.
And it's so unmanageable.
It has no power.
They can't agree on tariffs on cheese.
It has no power.
Right.
The power is in Brussels.
There's no power in these parliaments in Europe.
They're just for show.
Right. There's no power in these parliaments in Europe. They're just for show. People get to run for office and get elected and call themselves a member of the European
parliament, but they have no power.
They just debate, pass resolutions.
So what we've had in America, the USA, for the past 20-some years is a de facto borderless country
because the reason that the Mexico-America border has not been enforced
is because the ruling class of America wants this union.
Citizens can't figure out, well, why won't Washington,
why won't the people in Washington listen to us and close the border
and defend our sovereignty?
It's because they don't want to defend it.
Right.
You're irritating them.
You're standing in their way.
They've got an agenda.
The agenda is a one-world system.
And we've been talking about illegal immigration in this country since the 60s.
Yes.
And we haven't solved it yet? It's because we don't want to solve it.
Reagan solved it. Reagan didn't solve it. He passed a big immigration reform bill and
it didn't solve it. It just legalized a lot of people. But, Doc, few people recognize that the reason there is no border security is because the ruling class of America does not want a border.
Right.
And it's not just leftists.
It's corporate America.
Corporate America is just as guilty as the leftists.
Corporate America, you saw what the president of Mexico said.
We're going to unite.
Let's go back and look at that.
It says we're going to combine
North American employers
with South American employees.
What happens to the
North American employees?
Well, they're not necessary anymore, Rick.
That's right, because you're going to have people work at lower wages.
And these companies will be able to move their plants into countries that will have extremely low wages
and yet bring the products back into the United States of America with no tariffs.
Right.
That's what they want.
But what it ends up doing is it's a race to the bottom for everybody, isn't it?
Yes.
And then you have to have a Pan-American army.
That's the next phase because look where Europe's going.
They want a European army. So it starts with the currency, starts with joint military exercises or joint military
union of some kind, and then the union itself.
And then you need the president of the union.
What they want to do is divide the world up into about 10 kingdoms. I mean, the plan
is easy to see.
The continents, you know,
they already have
an African Union.
You've got the European Union.
They're trying to collapse
all the nations down
to about 10 geographical
regions
and wipe away national sovereignty.
And it makes managing the world
a lot easier for the ruling class.
They don't have to deal with all these borders
and constitutions and charters.
Things that get in their way.
Things that get in their way.
That's right.
They want to get rid of nations.
Will God allow them to do it? I don't know.
I don't know. Nations started after the great flood. There were no nations
on the earth before the great flood. But God will also judge the nations
at the end too. And so nations
are responsible for their citizens,
obviously because God will judge the nations at some point.
The Bible also says God establishes the border of nations.
That's right.
So there's a sovereignty of God when it comes to nations
that we need to understand.
There's also men through wars and treaties
that create nations where there weren't nations before.
But in the sovereignty of God as believers,
we need to understand God knows about this.
He will judge all at the end.
So, Doc, I just thought about this right now.
Are they going to resurrect the Amero currency
and bring it out as a digital coin.
Now, you know, that makes a lot of sense now.
A central bank digital coin.
Rather than having 20 competing digital coins
in the Western Hemisphere, you have just one.
And then the argument is going to be,
this is the currency that makes trading easy.
It makes sense now. It really does.
Get ready for it. Get ready for it.
And I think the Phoenix is still coming too as a digital coin.
It's just a little late.
Remember The Economist and the...
Yes, 1988. Be ready for the Phoenix somewhere around 2018.
And we're not that late right now.
It's only 2022.
But be on guard.
Get ready.
Expect to hear more talk.
So the Mexican president's meeting with Joe Biden in July.
And I think at that point, starting this summer, we're going to hear discussions about reviving
an integration of the Americas.
And then after that, we're going to hear about a digital coin.
Will they call it the Amero?
I don't know.
They may come up with something.
The name fits.
Marketing-wise, it's a good name, the Amero.
You can use it any place from Alaska to Chile.
And a digital coin, cryptocurrency, and it may fit the times.
But I think you should be on guard that somewhere in July, August,
we're going to be talking about the integration of the
Americas and a new digital coin.
Let's move on. The next one
is ABC.
Gas prices hit $5 national
average.
And this happened just
throughout the day today because this morning
the national average was $4.96.
That was at $7
this morning. And it passed the $5 national average
a little after 12 noon today. I haven't paid anything in a $4 range for a long time. Well,
it's getting up there, and it shocked me to put gas in my smaller truck this weekend. I don't
have a big truck. I've got a little truck. $80 to fill up the gas tank on my truck.
The average price of a gallon of gas nationwide exceeded $5 on Thursday,
crossing the milestone after a rapid rise over the past month
that has alarmed public officials and strained the budgets of everyday Americans,
according to GasBuddy.
In all 50 states, the average price of a gallon of gas stood above $4.40,
but costs ranged considerably across
different regions as drivers in the west and northeast suffered the highest prices and drivers
in the southeast saw the lowest. AAA data showed in California, the state with the highest gas
prices, drivers paid an eye-popping average $6.40 a gallon, AAA data showed. Rick, at what point and at what price is it that
the American public is finally going to say enough is enough?
We're getting really close. I heard today AAA roadside assistance that last month, a 30% increase over last year at this time
in calls from AAA customers who need roadside assistance
because they're out of gas.
I believe that.
People can't afford to get to work anymore.
They're running out of gas.
I mentioned two weeks ago, I saw an 18-wheeler here in Florida
down at the entrance to the Florida Turnpike.
A truck driver was walking with a five-gallon gas can.
I've never seen that in my life, ever.
I've never seen a tractor and trailer driver walking with a gas can.
And I thought, dear God, the guy
can't fill up his tank. He couldn't make it off the turnpike to get to the fuel station. And
we're going to see more of this. People have to make a choice. Do they buy food or do they buy
gas to go to work? Right. Doc, every time I go to the gas station now and I see 90-some dollars on the pump,
I fill up my car.
That's 90 reasons I would never vote for a Democrat.
There's 90 reasons not to vote for a Democrat.
They are destroying the middle class in this country. And it's by
design. It is their economic policy. They want fossil fuel industry to collapse. And they don't
hide it. They want it. Right. So this week, the administration, their response was, so Biden
enforced the Defense Production Act. And you would think that in a time, you know, specifically
related to energy, mind you, you would think that it would be, all right, let's get these refineries going.
Let's get the, you know, let's get folks, you know, some gas and everything. No,
the Defense Production Act was enabled to make more solar panels.
And then our energy secretary this week, you know, instead of making announcements about we're going to do everything we can to provide energy for Americans.
No, they're touting the energy department's Pride Month initiatives because Pride Month is more important than Americans having access to dependable energy. Look, Biden's administration is the most extreme leftist organization in the history of America,
exceeding Barack Obama.
He set the bar with his two terms.
But Joe Biden's administration, which is really the third Barack Obama term, has pushed the limits.
It is the most radically extreme administration ever to have power in Washington.
And they are wrecking the American society.
They're wrecking the economy.
It is by design.
They're not incompetent.
I get so frustrated hearing Republicans on talk
shows talking about the incompetent. They're not incompetent. They're beating you guys.
They're smarter than you. They're beating you. And they're tearing down the country
because that's the agenda. They're reimagining the society, reengineering the society. They tell you openly,
we are going to bankrupt the coal industry. We're going to bankrupt the oil industry.
They're not hiding it. And that's exactly what they're doing right now. And they're going to
bankrupt the middle class. They're going to make the middle class totally dependent on a federal government.
And that is also their initiative as well, isn't it?
You better believe it. You better believe it.
Well, all these different supply chain issues and rising energy prices
and everything is impacting everything that we do as Americans.
And now we're beginning to see the tech industry respond to rising costs as well, aren't we?
Yeah.
We're seeing something I've never seen this before.
I can't recall ever seeing this in my lifetime.
This example is Coinbase, the crypto exchange, extending a hiring pause but rescinding some accepted job offers.
Now, Rick, that is a flashing red light to me.
Should it be?
You better believe it.
So if a company recruited somebody to fill a position, they went through all of the interview
processes.
Which costs money.
It costs money.
They vetted the candidate, maybe flew that man or woman into the home office
to be interviewed. A lot of things that you have to do to recruit an employee. And then sent them
a written job offer. That other person then resigned their job and began to make plans to move
to this new company's location.
And then they get another message that says, never mind.
We've changed our mind. We are withdrawing the job offer.
Best wishes.
And this is what I'm seeing is happening.
People have quit their jobs.
They've sold their homes.
And suddenly the job that they just accepted has vanished.
I have never seen this happen in my lifetime.
Right.
So for folks that don't operate in a large organization,
it costs a lot of money to hire people.
I mean, you just don't put out a $15 wanted ad somewhere.
It takes a lot of effort.
It takes time, personnel, HR resources.
Advertising.
Advertising.
Just to get a qualified candidate
and then to go to the place
where you pull that job offer back
after you're already sent it out,
that's significant.
To me, that says that there is something
radically happening right now
especially within crypto and that environment.
But I think it's an even bigger thing that's going on in the environment as well.
I think it is, Doc, because I'll show you here in just a minute.
I'll talk briefly on this next story from The Observer.
Crypto exchange Coinbase rescinding job offers,
putting visas of international graduates in jeopardy. So you've got high tech
job candidates in other countries who applied for visas or obtained visas to come to America to work for Coinbase. And now the job has
been taken from them, which means their visa will be rescinded.
Because they can't come in America without a job. So it's impacting people outside of
the country too. But this next one, this was Fortune. Tech and crypto firms experienced massive layoffs in May.
And then the next story I want to show you is,
this is the one from LinkedIn.
Pulled job offers shock new hires.
And so LinkedIn is reporting
that they're noticing on their platform LinkedIn users saying, hey, I just was, my job, I just was offered a job two weeks ago and it's disappeared, but I've already quit my existing job.
Is anyone else experiencing this?
I saw some of the posts and everything that you're talking about.
Yeah, let's read what LinkedIn posted.
So as layoffs become more commonplace
in the increasingly volatile tech startup landscape,
another trend is emerging.
A growing number of LinkedIn members are reporting
that offers they have received to join a new employer
are being rescinded.
Coinbase, for example,
has begun pausing all new hires and is also pulling some accepted job offers. The trend
is to take back job offers exemplifies the turmoil facing the tech sector's market.
Venture capital-backed firms are being hit especially hard as investors abandon risky bets
and seek immediate returns. That's significant because
in the environment up to this right now, you've had a lot of these guys, a lot of these venture
capital firms are looking for the next unicorn out there, a tech unicorn. And so they want to
invest in it. But now they're saying it's too risky out there. I want my money now is what
they're saying. And firms
including Fintech Unicorns, Bolt, and Klarna, delivery startups Gorillaz and Gitter, and
social audio app Clubhouse have announced workforce cuts. Tech giants such as Netflix
and PayPal are also shedding jobs while Uber, Lyft, Snap, and Meta have slowed hiring. It's
interesting they mention Clubhouse here, Rick, because I saw
a report yesterday that the subscriptions for Clubhouse have dropped 80 percent since this
time last year. And so, and of course, they were hot a year ago. I mean, super hot. But now,
so something significant is happening out there within the tech environment.
But once again, I think it's a bigger problem that we're just seeing the tip of the iceberg here,
that that's going to begin floating down through all segments of society here in a very short time. People are starting to cut unnecessary spending. Right. I mean, in good times,
you can be a little bit more liberal
with your spending.
Or if the government's giving you
a big $2,000 check.
Yes, right.
And who was it the other day
that said that we're just waiting
for the rest of America
to spend down the $2 trillion
that they haven't spent yet? It was Jamie Dimon. That's right and so this is some of the
reasons why we'll see that spin down really fast. So that article you're
talking about Jamie Dimon is in the Wall Street Journal because he in one day
said there's a hurricane coming right and. And Citibank or JPMorgan Chase is preparing for it.
But in another article, he said, the American people have $2 trillion in their checking accounts.
And, you know, they're still spending it.
So what they're seeing is they've already done the calculations, Doc.
They've seen where the two charts collide here.
Yes, they know.
They have an estimated time when the American people will run out of money.
And that money is that COVID relief money that the feds and the states were pumping out.
And I didn't realize they're still doing it.
People are still getting various forms of COVID relief money.
It's no wonder you can't get people to apply for jobs.
But that's coming to an end.
The federal government cannot, they can't go back to quantitative easing right now.
They're going to quantitative tightening.
They're tightening the economy. So the inflation was caused by
the quantitative easing, the printing of money. So the Federal Reserve is pulling the brake.
There's going to be a shock to the economic system. Millions of jobs will disappear.
A lot of people will be out of work.
But the Democrats and the wimpy Republicans
will want to hand out free money to all the jobless people,
but that will push up the inflation again.
Right.
So which one do they want to do?
They want to stop the inflation?
Or do they want to hand out free money to the unemployed who lost their jobs
because the Federal Reserve had to take extreme action to stop the inflation
that their irresponsible decisions made earlier?
It's like you have your foot on the accelerator and the brake at the same time.
That's a rough ride.
Yes.
That is not an easy ride.
And that's what the Federal Reserve is doing to us right now. All this inflation, and you don't
hear anybody on television or radio, nowhere talking about, or podcasts, no one talks about
the Federal Reserve. They caused it. This inflation was caused by the Federal Reserve.
Got to go all the way back to 2008
when they started pumping money
to bail out the banks.
Too big to fail, remember that?
That's right.
And then once they got the money going,
they couldn't stop.
And there were responsible financial investors who said,
this thing, they're going to print money all the way to the bottom until it crashes. They're going
to keep printing money. And that's exactly what they did. They actually increased the amount of
money that they were injecting into the market.
And it got to the point that the markets were totally skewed. They weren't real markets anymore.
Right. Mountains of free money for businesses, no interest loans and so forth.
So basically since 2008, the American economy has been
on really the economy itself has been in a coma on life support and they've been
pumping blood and have it on the respirator and it still has a heartbeat
but basically it's brain dead right? Yes that's exactly right. For 14
years we've been doing that. And now they're starting to disconnect the tubes.
That's what's happening right now.
And gangrene is sitting in the limbs.
But if you're a servant of the Lord, you will get through it.
You will not only survive, but you will thrive if you're a servant of the Lord.
You come out on top.
You're the head, not the tail.
Serve the Lord.
Trust Him.
Be generous.
Like I said the other day,
you're either going to have the money
to give to people who don't have money
or you're going to not have money
and need somebody that has money
to give it to you to keep you going.
The Lord's plan is to use his people
to bless those who are without.
Right.
And I would rather be in that group of people
who have been blessed by the Lord.
You know, when we were in Jordan,
you know, I know at times we saw,
you know, these ancient churches that were,
you know, the sites were 15, 16, 1700 years old.
And I remember the plaques
that the tourism ministry had at those sites.
And in one of them they said,
this church was built and maintained
by a group of prosperous families.
And remember that?
And I said, Doc, look at this.
And we both had that conversation.
We said, God has always had people
that he could pour money through
because he trusts them.
He knows they will build his kingdom on earth.
They will see that the gospel goes out. They will see that the gospel goes out.
They will see that the church is built. They will see that the church is cared for. They will see
that the pastor is paid. They will take care of the widows. There's always a group in every church
that God has placed there and he gives them favor and good success.
Does he play favorites?
He shows favor to those he trusts.
You decide whether you're trustworthy.
God doesn't pour out blessings to untrustworthy people.
He pours his blessings out to people he trusts.
And who are faithful and dependable and who have a heart to give unto Him.
And that level of blessing, you can't look at it in terms of a quantitative measure.
It's got to be in response to your obedience.
I mean, you know of people, Jordan's a great example, people that obviously don't have the income levels of Americans, they struggle a little bit.
Let's put it that way.
But they want to bless you.
They want to bring you into their home.
I want to feed you.
Come into my home so I can feed you and give you dinner.
And so we can sit down and talk.
That's being a blessing to others.
That's right.
Really, believers need to learn from that.
You know, the New Testament talks about
that attitude of hospitality
and bringing people into your home
and blessing them.
And so, you know,
it could be $100 or $1 million.
If the Lord gives it
and you're using it as a blessing to others,
it's the same weight, really.
That's right.
The main thing I want to get across to everybody is don't be afraid of all this negative financial news.
It is going to be serious.
It will be very serious.
I've already started, in my own personal life, started cutting things.
I don't need that.
Don't need that monthly subscription.
Axe it, chop it, all right?
I'm already starting to do that.
I'm watching, you know, where are all of our dollars going?
Because, well, every time you go to the gas station,
you realize, wait a minute, I spent $50 more
to fill up my tank than I was a couple months ago.
And when you really start thinking about that, Rick, that's a pay cut. Of course it is. It's a transfer of wealth. MORE TO FILL UP MY TANK THAN I WAS A COUPLE MONTHS AGO. AND WHEN YOU REALLY START TO THINK ABOUT THAT, RICK,
THAT'S A PAY CUT.
OF COURSE IT IS.
IT'S A TRANSFER OF WEALTH.
IT IS.
IT'S A PAY CUT AGAINST YOU.
YES, BUT IT'S A TRANSFER OF WEALTH.
THE MONEY WENT SOMEWHERE.
IT LEFT YOUR BANK ACCOUNT AND IT WENT TO SOMEBODY ELSE'S
BANK ACCOUNT.
IT'S A REDISTRIBUTION OF WEALTH.
YOU KNOW, YOU ACTUALLY HAVE STATES NOW THAT ARE TALKING
ABOUT TAX AMNESTIES ON GAS. MM-HMM. IT'S, you actually have states now that are talking about tax amnesties on gas.
It's a hot air balloon.
And then the state goes broke.
Right.
A year later, the state will be so deep in debt, they'll elect a new governor who says,
hey, we've got to tax the rich.
We've got to get some money in here.
There's no end to it. When it's the rich that creates the jobs and the industry within a particular state.
It's caused by fiscal irresponsibility.
And, you know, Ron Paul should be the head of the Federal Reserve Bank.
He would shut it down.
That's what I mean. He would shut it down. That's what I mean.
He would shut it down.
He'd turn it into a lemonade stand.
Let's make money off this thing.
That's why I would put Ron Paul in
as the head of the Federal Reserve.
Yeah, he would.
He would shut it down.
You know, you get people in.
Well, it's not going to happen
because the system is designed
to operate for specific purposes.
And it's causing pain and suffering in society.
But they have a plan for that.
There's more control.
They want you to be eating out of their hand.
One thing I read...
If they want you to eat.
Yes.
One thing I read about, I was studying Nimrod from the Bible.
Now, this information I got was not biblical.
I got it from historical sources.
But it said that Nimrod taught that government had to break down the society had to use very strong-handed coercive force to make people dependent on the government
for food and everything. So I had never heard that before. So this mentality goes all the way
back to Nimrod. Wow.
Okay.
Well, what do we have happening right now?
Nimrod's coming back.
We have the new Nimrods who are coming back to build their new Tower of Babel.
And they're breaking down everything
to make people totally dependent
on this new technology state.
And then at some point, they're going to get rid of you.
Yesterday, we were talking about
the digital babies.
Right.
They don't need humans after that.
If everybody stops having babies
and you just have digital babies,
at some point,
the human population disappears.
And that's also why they promote
the LGBT agenda too.
Because, you know,
homosexuals, lesbians, they don't produce babies.
They have to steal babies from other people to have babies.
Or now you can have imaginary ones.
Well, one more tech story here.
This is from Reuters to show you how significant
that this change that's taking place within tech is.
U.S. employers in the tech sector, Rick,
cut nearly nine times in May,
nine times the size in May
than the first four months of the year.
That's how big it was in May.
And so looking forward to the month of June,
I think we can expect even greater cuts from that.
But that's a significant change in one month.
In one month, you saw nine times as many people cut from the payrolls of tech industry
than in the first four months of the year.
Okay, but take a look at the next article.
This is on home mortgage applications.
CNBC reporting that mortgage applications fell to the lowest level since the year 2000.
Yes.
So total mortgage application volume fell 6.5% last week.
That doesn't sound like much, but that's compared with the previous week,
according to Mortgage Bankers Association's Seasonally Adjusted Index.
Demand hit the lowest level in 22 years the average
contract interest rate for a 30-year fixed rate mortgage with conforming loan
balances increased to 5.4 percent from 5.3 percent with points rising from point
six to point five one for loans with a 20% down payment refinance demand which
is most sensitive
to weekly rate moves, fell another 6% for the week.
And Rick was shockingly 75% lower
than the same week one year ago.
Okay, this is on refinance of home mortgages.
So if you are in the refi industry, then you
wrote only 25%
of the business
you did a year ago this month.
Or last
month. Right.
Well, somebody's
going to get laid off. That's right.
In the mortgage industry. That's right.
That's going to be the next thing that you'll see.
You can't have people in the mortgage industry. That's right. You can't just keep... That's going to be the next thing that you'll see. You can't have people in the mortgage department
when there are no applications.
What are you paying them to do?
Well, you're going to have to downsize the mortgage department.
Now you start seeing the domino effect
of how this is going to wipe out a lot of jobs.
There is a major economic crisis coming,
and I'm not going to say when it arrives.
We see various markers, like they're talking about food.
I'm seeing reports in farmer publications
that food in grocery stores could double in October and
November. That's just hard to comprehend, but you can believe it now. Yes. Well, Doc, months ago,
remember there was a story out of Germany? I'm certain it was Germany. That one grocery store
chain during the night doubled the prices of everything in the store? I think it was Aldi's
that did that in Germany.
I think it was.
And then people were shocked when they went to the grocery store the next day,
and they ended up having to cut the prices back down.
But, you know, that's the kind of thing that you'll see.
Now, the other side in the general retail consumer industry,
like the Walmarts and things like that, Target here,
you see it slashing prices.
And so as they start slashing prices, you start to see shares plummet.
So Target has a boatload of merchandise it can't sell, the company said on Tuesday.
Just three weeks after reporting disappointing first quarter earnings,
the big box retail warned investors that its profits would
drop for the rest of the year as it slashes prices on a variety of items that consumers
are not scooping up amid a record high inflation rate of 8.3 percent. Now, they said that since
we reported our first quarter results, we have continued to monitor external conditions and have
determined the necessary actions to remain nimble in the current environment,
Chief Executive Brian Cornell said in a statement.
Cornell also said the company is canceling orders from its vendors in what he described as a rapidly changing environment.
Now, on the one hand, Rick, we're told that we're having shortages, and yet Target can't sell merchandise.
So something doesn't make sense here.
Well, the first thing that comes to my mind is that Target's profits are going down their transvestite toilet bowl.
Right.
Well, consumers take that into account out there.
I don't go to Target anymore.
I can't think of the last time.
I stopped when they made their stand on transvestite bathrooms.
Right.
You mean if I take my grandchildren into a Target store and they've got to go to the bathroom?
They might see a guy in a dress.
I have to go in and check the toilet before my grandchildren go in because of Target?
I don't need Target.
I don't care that their profits are down.
Who cares?
Okay. But there's something happening.
What they're saying here, let's go back and pick this part.
It says, we're monitoring external conditions, have determined the necessary actions to remain nimble in the current environment.
What it means is they are going to
slash prices.
Yes.
Now, from what I learned about Target,
they're not having problems selling food items
and basic necessities, okay?
They're not moving household goods.
They're not selling blankets and pillows and...
Clothing.
And clothing and...
And the reason why?
Consumers are making choices.
They have to buy food.
They have to buy food.
But maybe I can wait to buy a pillow.
That's right.
Maybe I can wait to buy that extra piece of furniture.
That's right.
So if you are interested in buying household goods, That's right. Maybe I can wait to buy that extra piece of furniture. That's right.
So if you are interested in buying household goods,
not household, home goods.
I'm saying household.
Home goods, okay?
Soft goods, all right?
I think in the next month or two,
you're going to see major cuts at Target.
You're not going to see it in food. Right. You're not going to see it in the food.
Right. Yeah, you won't see it in the food. You'll see it in the general merchandise and the rest of the store. And you will also begin to see at some point here if the prices keep getting cut further
down. That means a smaller profit margin for Target, which means what? Layoffs that will come to stores. They'll say, we don't need as
many people here at the store anymore. We don't need many people in corporate anymore. And so
you'll see a tightening within that. You'll also see that the off-brand stores like Dollar General,
Dollar Tree, all these other smaller specialty ones here, they're the ones that will now begin to really explode.
You know, they're building $4,000 general stores around the country right now. I mean,
it is expanding like nobody's business. And so it's going crazy I think Target is being hit hard by online shopping.
People just aren't going in stores, right?
They're going in for groceries, but they're not going in for a lot of other things.
I don't shop at stores for shirts anymore.
I order them all online now.
So and so those habits are changing too.
But Walmart, it's still, you know, I think I shared this the other day.
Walmart's offering truck drivers $100,000 a year.
Do you know what a Walmart store manager is paid?
No.
You and I should just stop what we're doing and go down and apply at Walmart.
$220,000. $220,000.
$220,000 a year?
To manage a local Walmart store.
Well, I need to wander around Walmart more often, I guess.
I'd share this.
If I go into Walmart, I guess I put off a vibe of some kind.
Oh, I do too.
If I go into Walmart wearing a dress shirt and slacks and everything, inevitably, someone comes up to me and says,
can you tell me where this and that and that other thing is?
Yes.
I get it too.
All the time.
And my kids make fun of me because they'll be with me and they'll say, you know, some lady will come up,
can you tell me where I can find this thing?
People think I'm a store manager and they ask me, they'll say
well I wanted to get this
chair and it's
got a scratch on it and I go, hey
50% off.
I do.
Go tell the service desk.
Just take 50% off. Tell them Rick said
50%.
I might have to try that next time.
And I've seen them pointing at me,
saying, that guy over there, he said 50%.
Got to have some fun somewhere.
Well, anyhow, what we're seeing is retail.
Retail has not recovered from COVID.
Right.
COVID really was almost the final nail on the coffin for retail.
You know, people
even with restaurants,
you know, people are
picking up their food
curbside, taking it home.
Yeah, I do that a lot.
They change the habits of people.
I still have not
gone into the whole delivery mode and everything,
but I do a lot of curbside pickup now.
But I will go. But now, with gas
prices,
but then they'll charge you for,
and they are doing that. Some of the pizza
places now are charging a gas fee.
When I had Gator with me,
those last couple years, I stopped going
to the pet food store. I had pet food
delivered to my house. It's like, why?
Why would I drive in there and go through that whole process to get pet food? When they're going to take it, bring it out to my
house, they spend the gas, they get out of the vehicle, carry it, and put it at my door.
So it changes your habits. And I think Target is suffering from a rapidly changing retail
environment because they said that in there.
He said the company is canceling orders from its vendors.
Yes.
In what it described as a rapidly changing environment.
So they're not even sure
that they can sell the merchandise they have on order.
Oh, I hadn't even considered that aspect.
So now vendors who are manufacturers
and brokers who are, you know,
the middleman between manufacturers and the retailers,
they're being hit.
They're going to have to lay people off.
So Rick, how can we as believers,
followers of Jesus Christ,
use this knowledge in order to be a blessing to others?
How understanding this
and understanding this rapidly changing situation,
how does that help us to continue to follow Christ
in the midst of a rapidly changing world here?
Well, the way you follow Christ remains the same
no matter what situation the world is in.
It's discipleship. It is staying close to the Lord and being discipled by the Holy Spirit.
That remains the same regardless of the environment that you're in. But the saints of God need to be proactive. They need to be watching the trends.
Like the sons of Issachar.
They understood the times.
They knew what Israel should do.
So the saints of God should understand the times
and have ideas, suggestions for themselves,
for others, for their family.
Don't cling onto old ideas because they were good ideas.
Good ideas will fade away.
Something that was good years ago, even though it was fine, it worked, it was successful,
doesn't mean it's going to work today, it's going to work tomorrow.
It could be a good idea, but it just, it's out of date.
One time a horse and buggy solved a problem, but we don't have that problem anymore. We've got new
problems. Yes. But we still measure the power of a vehicle. In horsepower. Horsepower. Isn't that
stupid? Do you ever think why we say horsepower? How many horses you can hook up to a wagon and how fast do we go?
So we do retain in our language and our thinking good ideas from the past.
But right now, there's a radical transformation of world society.
And, you know, you can't stop all of it.
Some of it, you've just got to't stop all of it.
Some of it, you've just got to bend and flow with it.
It's like digital money.
You know, my generation, you know, I'm a baby boomer.
I don't know anybody in my circle of friends that invest in cryptocurrency.
I do.
But I've got to talk to people younger than me to have any conversation about it. Right. Because nobody in my, in my peer group wants to invest in cryptocurrency. Now is
not the time to invest in cryptocurrency. You want to be out of it. But the cycle will come back, and you have to know when that cycle is coming.
So Christians need to be constantly being educated, learning.
Pray and ask the Lord, teach me about this investment.
Ask for wisdom.
Ask for wisdom. Wisdom is the principal thing. Doc, do you know more today about money management in your own personal affairs than you did five years ago?
Absolutely.
Why?
I can say significantly more than 20 years ago.
And why is that?
Because I sought out wisdom on it.
I read books. I listened to people that managed their money well.
So you came to a place where you realized,
I'm not managing my personal funds as smart as I could.
I've got to learn more.
And you applied yourself to learn more.
That's right.
And did it improve your life?
It improved every area of my life.
Because of the discipline.
Right.
Because, yeah, discipline and an effort to seek wisdom and knowledge
regarding an area where I was weak.
And that's to be the same, can be said of anybody that wants that,
whatever area you're in.
God will grant knowledge to those who seek after Him.
So, you know, like jobs, truck drivers.
Right now, truck drivers are in high demand.
$100,000 a year.
But, and I would say,
hey, if you got a license,
CDL to drive a truck,
and you can be paid
$100,000 or more,
yeah, go for it.
But at the same time, no.
They're going to get rid of your job
as quick as they can
because they're going to go
to driverless trucks.
Right.
So, make the
money now while you can, but also be planning your transition to another career. Because if you think
that they're going to keep paying you a hundred thousand a year to drive a truck, you are diluted.
They're only going to do it for a season until they can figure out how to get rid of you as an employee.
So that's why you have to understand the things that are taking place in the world and discern
the times, the seasons that you're in, and ask the Lord, what should you do?
And the Lord will tell you.
He'll give you direction.
He's a kind, loving Father,. He'll give you direction. He's a kind, loving Father.
And He'll give you direction.
He'll give you instructions to make wise decisions.
Doc, I don't want to go into personal details.
But at the end of 2020, my wife, Susan and I, sold our house, and then we bought another home.
The home that we bought was much better than anything that allowed us to buy a better home than what we expected.
But those things came together because of decisions I had made years earlier.
And I didn't understand all of it, but I suddenly realized what God had done for me. Why he had me make those decisions,
investments and various things, suddenly came together.
Yes.
And I didn't plan it.
I never, I wasn't even thinking that way.
But suddenly we realized, wait a minute,
we're capable of buying a better home.
And we were able to get a nice home out in the country,
secluded, very peaceful.
But it was because economic decisions made
five to 10 years ago
came together at the right time.
I bought a house, the house that we sold,
we had bought it at the bottom of the Florida real
estate crash. The house we bought, I bought it for almost 50% less than the mortgage that was
foreclosed. It was a foreclosure. Somebody else lost the house and went back to the bank. We
bought it from the bank. But we stayed in that house those, what, eight,
seven, eight years. And the price came back to where it was at when it was foreclosed,
all right? You know, prior to the, when the original house was sold, sold originally.
So suddenly the equity had come up. Suddenly we had, we had a windfall that we didn't expect.
It was just suddenly was there.
But it was the faithful habits and decisions that you'd made a decade earlier
that allowed you to reap the benefits of it.
I had some cryptocurrency.
And all of a sudden, in those last months of 2020,
crypto started taking off.
And I was able to sell the crypto.
It's just different things happened
and suddenly we were able to buy a better home.
What I'm saying is, be patient with the Lord.
He's right now. Look, if we get through this season, What I'm saying is be patient with the Lord.
He's right now.
Look, if we get through this season without nuclear war,
because that's the real thing that's on the horizon,
and we've got to get through this and not experience nuclear war.
But let's hope for the best and say we do. And this thing with Russia and the United States does not go to nuclear war.
Here's what I'm telling you from my experience as a 68-year-old guy.
And I've been through a couple economic downturns.
I know what it feels like.
And you young guys, I'm going to tell you what, you have no idea what is coming. You've not experienced it. You have not experienced a serious financial
crisis in this country that lasts several years. It's coming. Okay. But here's what I want you to
know. If you seek the Lord, if you get as close to the Lord as you can, if you make those steps towards him, if you seek wisdom as the principal thing, if you become a giver, you become involved with God's kingdom on earth.
He will give you instructions and wisdom and opportunities in this crisis.
And you will make investments that will pay off five to ten years from now.
Right.
And you'll look back and go, wow.
When times were hard, the Lord led me to do something,
and then I had the patience to wait and look at how this paid off years later.
Right.
That's how God blesses his people.
Money doesn't fall out of the sky.
He makes, he gives you wisdom.
And he shows favor to his people.
And he transfers, he does a wealth transfer.
He transfers money to you.
Okay, but it's gradually.
It's over time.
And look, he doesn't give it to us in massive amounts because we can't handle it. It'll corrupt us. Right. Well, you have to
understand you're just see yourself. I know. I mean, this is, he doesn't drop massive amounts
of money on us because he knows of the detrimental effect it'll have on us. But he does incrementally increase his people
if they are faithful to him,
if they are diligent.
You've got to do some study yourself.
You've got to do some,
you've got to put some,
called elbow grease,
you've got to do some work.
God doesn't reward laziness.
No, but he does reward faithfulness.
He does.
And you put faithfulness and hard work and faith.
Faithfulness is showing up every day, being consistent, always dependable.
Having faith is having your faith in God himself.
And then you put that with generosity.
That's a winning combination.
Right.
One of the radical things that changed my life,
my attitude toward money,
and this was in the early 2000s into the mid-2000s
as I was starting to learn all these things,
was that, first of all, you've got to honor God.
And 10% is a good number to honor God with.
You know, a tithe is a good number.
I'm not saying it's a command.
I'm not saying you have to do that.
I'm just saying that's a good round number.
I agree.
Easy math.
Yes.
But the,
so that was something I was always taught,
you know, as a preacher and everything.
But I was never taught in Bible college
how to manage my money as a preacher.
I was never, we never had seminars on, you know, financial management.
And I saw so many preachers that went by the wayside that didn't have, you know, any sort of, you know, finances or financial sense at all.
And I was among them as well. But one thing that radically changed my mind about money was that the first 10% belongs to God.
The second 10% belongs to me.
And what I mean by that is
everybody should take 10% of their income
and put it into an account for investment savings,
not for radical investments, but savings.
But that's your money.
Yes. That belongs to you and live on the other 80%. That's right. And if you can apply those,
just those two things started making me think, well, how can I use, this is my money now. I can,
I can invest it. I can put it in a fund. I can, if I want to, I can buy cryptocurrency if I want to,
or I can invest in real estate or whatever.
But it's my money.
But if you don't set aside that 10%, you're going to spend it.
That's right.
You absolutely will.
You will spend that money.
Because you'll find money,
you'll find things to spend money on every single month.
Yes.
It's amazing.
But if you limit yourself to 80%, you find that you don't need as much stuff
as you needed before.
Once you understand that the whole economic system
is designed to get your money out of your bank account
into somebody else's bank account.
Right.
That's the system.
All advertising is about
that hey look at this this is shiny this is wonderful this makes you smell better
yeah give us your money all right so everybody in business is trying to move
your money into their money right okay so you have to you have to set aside a portion of your earnings for yourself.
If not, you will spend it.
And most Americans are living paycheck to paycheck.
And this crisis is coming, Doc.
Where there won't be a paycheck.
There won't be a paycheck.
And even the ones who have a paycheck, it's not enough now.
What do you do when filling up your tank
goes to $150?
And it could.
It very well could.
Yeah.
I mean, when we hit $750 a gallon,
I mean, a gallon,
and that's not off the table.
That puts you in the $130, $140 range,
like on my truck for instance very quickly and
it doesn't matter what size vehicle you have whether it's a small car or a huge truck that
is going to really change the math for a lot of people yes and that is a giant billboard
that stares you in the face every time you go to the gas pump and you start making
decisions well do i need to spend do i need to make this trip yes i'm like that all the time that stares you in the face every time you go to the gas pump and you start making decisions,
well, do I need to make this trip?
Yes.
I'm like that all the time.
But I was like that before prices were up.
But I don't go anywhere.
I drive from my house to here to go to work,
and I go here and go back to my house.
And on weekends, I have very limited travel.
Now, my wife Susan, she loves to drive around,
look at stores and go, you know, look at shrubbery and nurseries and all kinds of stuff
and I'm like, you want to pay for the gas?
Because she's not, people are not,
some people are not yet calculating how fast it's gone up.
And we're at that place where you have to make decisions.
Do I really need to make that trip?
Do I need to drive around to four stores to look at prices?
Well, you spent more on gas than what you saved going to the four stores to buy something.
And so that's my mentality.
I'm like, no, I'll buy it online.
I can sit in my house and buy it online and I don't have to drive
and I don't have to spend money on gasoline.
But isn't that the tactic that they want?
Absolutely.
Isn't that what they want us to do?
To stop driving and buy everything online?
So we're being pushed into this funnel to change our behavior.
And it's not like we're out of energy.
We're not out of energy.
We've got lots of energy.
We've got lots of coal, lots of oil, lots of gas.
Just before Biden came in under Trump, we were exporting oil.
We were exporting.
We were energy independent.
Where did that go?
The Democrats shut it down.
Right.
It occurred to me, I had to take my wife to the airport the other morning,
and so I filled up as I left, pushing $85 to fill up my truck,
and I got to thinking,
I used to fly from Orlando to St. Louis for $85.
And right now, airline fares are up 30% over last year,
mostly because of the fuel costs the airlines are paying.
Right.
I mean, it takes a lot of jet fuel to move a jetliner.
And when those seats are not empty, somebody's got to pay for it.
Who pays for it?
The few people that are in the jetliner.
It gets spread out.
Somebody's going to pay for the jet fuel.
Your situation for us, you know, the airport, Orlando Airport's, you know, an hour and a half away.
All right.
Now we have to consider, do I want to spend that much gasoline to drive to Orlando to take a trip?
Right. All this is being, what I'm saying is this is happening all over America.
People are having the same conversation in their homes.
Right.
Every apartment, every house, everybody, every family
out there, they're starting to ask these questions.
Do we need to do this?
Can we afford this?
It's all based on this domino
effect of energy. And when the
food shortages come
this fall and the prices
skyrocket, I'm telling you
all this other activity comes to a
screeching halt.
Because the one thing people have to do is eat.
And your choices of food are going to become less.
You're going to have a lower quality food.
They're taking us into Soviet Union communist days in the United States of America
and thank the Democrats for what they're doing.
So they want the bread lines.
They do.
And then you get to the store and there's no bread.
That's right.
You're dependent.
Be dependent on the Lord.
Amen.
You will not go hungry.
You will be the head and not the tail. God always has a
remnant, always. And he has people who would trust him and he will take care of them. Thank you for
watching. We'll be back here tomorrow. God bless. God bless you. The preceding program was made possible by the faithful prayers and financial support
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