Louder with Crowder - April 28, 2022


ORWELLIAN STATE WARNING! Meet Biden’s New “Ministry of Truth” | Louder with Crowder


Episode Stats

Length

1 hour and 10 minutes

Words per Minute

191.58142

Word Count

13,548

Sentence Count

1,331

Misogynist Sentences

24

Hate Speech Sentences

28


Summary

On this week's show, the boys talk about a man who's been arrested for a crime he committed, Gerald B. does an impression of a lamprey, and we discuss the Ministry of Truth. Subscribe to GoodRanchers and lock in your $25 off every box for the entire life of your subscription.


Transcript

00:00:00.000 My head, I'm in pain. Sorry, I'm a little bit pissed.
00:00:06.000 Because I'm a monkey. A junk monkey. Crack my head. I'm in pain. Monkey.
00:00:14.000 Good Rancher!
00:00:22.000 Here you go, Dandelion and Mordecai.
00:00:26.000 Alright!
00:00:28.000 If you eat all your seed, I'll sing you your song.
00:00:32.000 Oh boy!
00:00:34.000 Eat all your seed.
00:00:36.000 That's why I put the xylophone here.
00:00:38.000 Eat all your seed.
00:00:42.000 I love chickens.
00:00:44.000 Eat all your seed.
00:00:46.000 Cluck, cluck, cluck!
00:00:48.000 Bad Rancher!
00:00:53.000 Where are my eggs?
00:00:56.000 Don't look at me like that.
00:00:57.000 I told you I want my eggs!
00:00:58.000 You're gonna get it.
00:01:03.000 Go with the Good Ranchers.
00:01:05.000 100% American sourced steakhouse quality meats.
00:01:09.000 Subscribe today at GoodRanchers.com slash Crowder and lock in your $25 off every box for the entire life of your subscription.
00:01:18.000 Good Ranchers.
00:01:19.000 American meat.
00:01:20.000 Delivered.
00:01:22.000 June 18th.
00:01:24.000 Pikes Peak Center, Colorado Springs, Colorado.
00:01:27.000 Prepares for the funniest show on earth.
00:01:33.000 Moving right along for loose and fancy free.
00:01:38.000 Getting there is half the fun, compare it with me.
00:01:42.000 Moving right along This is a video of the news.
00:01:46.000 It's about a man who's been arrested for a crime he committed.
00:01:48.000 He's been charged with a crime of murder.
00:02:34.000 Oh, am I getting a little room noise, or is that just me and my headphones?
00:02:38.000 I think that's... Is it just me and my headphones?
00:02:40.000 Alright, that's just me and my headphones.
00:02:42.000 You know what it was?
00:02:43.000 We were recording that music here the other day.
00:02:46.000 Yeah.
00:02:46.000 in this room and so I had to change the levels and I won't be able to hear right for a week.
00:02:50.000 Glad to be with you. Sorry we're a little late. Some technical difficulties that happened with
00:02:54.000 the... Let's just blame it on Twitter. Fair. Yeah, we'll blame it on Twitter for today.
00:02:59.000 And that is going to be... Look, first off, we have Gerald B. in studio. You
00:03:04.000 guys see this because he's... He's... Hi!
00:03:07.000 Yeah.
00:03:08.000 Gerald A. is having, uh... His wife is with child.
00:03:12.000 And, uh, I don't know if you know that, but Gerald B. does a great impression of a lamprey.
00:03:15.000 Guys, I'm gay!
00:03:15.000 You see that?
00:03:17.000 Yeah, he's a... It's just that that's his catchphrase.
00:03:22.000 Yeah.
00:03:22.000 I think that soundboard might be coming in a little bit hot.
00:03:25.000 I don't know if it's just me.
00:03:26.000 It could be my headphones acting up, but sorry, it's just... It's distracting me...
00:03:30.000 It might be the headphones.
00:03:31.000 It could just be the headphones.
00:03:32.000 Let's hear it again and I'll check.
00:03:34.000 Guys, I'm gay.
00:03:35.000 Oh no, that sounds about right.
00:03:36.000 That sounds good.
00:03:37.000 Spot on.
00:03:38.000 So we're going to be talking today, not just about Twitter, we're going to be talking about the Ministry of Truth that this administration is incorporating right now, that they're putting into action, which is absolutely terrifying.
00:03:49.000 And with Twitter, people have been talking about how they've been gaining followers, right, or I've been losing followers, but once you get past the sort of histrionics Um, ostentatious, just ahhh!
00:04:01.000 What does it really mean?
00:04:02.000 We've run some numbers, not just for personalities, but specifically politicians.
00:04:07.000 Which politicians have gained followers?
00:04:09.000 What they've gained.
00:04:10.000 Which politicians have lost followers?
00:04:12.000 What they've lost.
00:04:13.000 And what kind of a direct impact that could have on what?
00:04:17.000 What?
00:04:18.000 The election!
00:04:18.000 Turns out it doesn't really matter if Russia spends $6,000 on Facebook ads.
00:04:23.000 Turns out that Twitter itself, and of course by proxy Facebook, Instagram, YouTube, can have a direct impact on an election.
00:04:30.000 And we're not just talking about the New York Post story.
00:04:33.000 We're talking about every single election from local, state, all the way up to federal.
00:04:39.000 And it is shocking.
00:04:40.000 It's startling.
00:04:41.000 So this is good.
00:04:41.000 This is good what we're seeing.
00:04:43.000 We're gaining some ground.
00:04:46.000 It's not enough.
00:04:46.000 Also, we're going to enter a recession.
00:04:48.000 That's something that a lot of people aren't talking about because it's nerdy, it's tough to get into, but we're going to try and consolidate it so you can understand why historically the metrics that we are seeing have never resulted in anything other than a woeful recession.
00:05:01.000 So let me ask you this.
00:05:02.000 Before, while we're talking about the Ministry of Truth and we'll be talking about Twitter, my question of the day to you is, and we'll pin the comment, whoever answers best, which lie is the worst that we've had from this administration at this point?
00:05:16.000 The worst one.
00:05:17.000 Not the one that bothers you.
00:05:19.000 The worst one.
00:05:19.000 The most egregious.
00:05:21.000 You know him.
00:05:21.000 You love him.
00:05:22.000 You have Gerald B. back here.
00:05:24.000 Mr. Lamprey.
00:05:25.000 Look at that.
00:05:26.000 He's there.
00:05:26.000 Gorgeous.
00:05:28.000 And then we still, of course, have him third chair.
00:05:30.000 You know him.
00:05:30.000 You love him.
00:05:30.000 At Landau Dave on the Twitter.
00:05:32.000 And he's going to be in Green Bay, Wisconsin this Saturday.
00:05:36.000 And then the Meyer Theater.
00:05:37.000 And then, of course, we're in Colorado Springs in June.
00:05:40.000 lotofscotter.com slash tour.
00:05:41.000 You can book your tickets.
00:05:42.000 How are you, Dave?
00:05:43.000 Ahoy!
00:05:44.000 I'm good.
00:05:44.000 And Lincoln, Nebraska, I think, next weekend.
00:05:46.000 And, uh, yeah.
00:05:47.000 Ahoy!
00:05:47.000 Good and new night.
00:05:48.000 Just lay off.
00:05:49.000 I just wanted to share.
00:05:50.000 It's enough.
00:05:51.000 It's a Lincoln.
00:05:53.000 Like Abe!
00:05:54.000 Yeah, I know.
00:05:55.000 Or the car.
00:05:56.000 Yeah, that's fine too.
00:05:57.000 Honest Abe.
00:05:58.000 I couldn't do the Oldsmobile Theater.
00:06:00.000 It's not there yet.
00:06:01.000 Lincoln Logs?
00:06:02.000 They'll never, hey, watch it or we'll never let you perform at Pontiac.
00:06:05.000 I bet there was an Oldsmobile Theater.
00:06:07.000 Oh, I guarantee you.
00:06:08.000 I would have liked to go there.
00:06:09.000 It's just a theater that nobody knows exists anymore, but it's still there.
00:06:12.000 The seats are all just plush maroon.
00:06:14.000 Yes.
00:06:15.000 Just velvet.
00:06:18.000 Your dad's smoking up front.
00:06:19.000 I'm like, I thought you were dead.
00:06:21.000 Not in this theater.
00:06:22.000 Not in the Oldsmobile Theater.
00:06:23.000 We're all ghosts.
00:06:25.000 It's almost like you're the ghost because you're the only one who's not.
00:06:28.000 I'm a reverse ghost?
00:06:30.000 Oh, the front sections?
00:06:31.000 The Cutlass Sierra?
00:06:34.000 So, before that, we also, by the way, the pandemic is over, we'll get to that in a second, according to Dr. Fauci.
00:06:38.000 First, this is, we confirm this is real, right?
00:06:42.000 We confirm this is real.
00:06:43.000 We're sure this is real.
00:06:45.000 I watched this and I thought, well, this must be a parody.
00:06:48.000 And that's how you know the left is beyond parody.
00:06:51.000 When it took us about 30 minutes to do some research, that means looking through this guy's LinkedIn, looking through his Facebook, looking through his TikTok, going, is this an actual thing?
00:07:01.000 Turns out it is, and he wants to apologize for the way white people look.
00:07:06.000 White people don't make no sense.
00:07:10.000 I'm here trying to gear myself up and, you know, hype myself up to go up into work.
00:07:16.000 That seems fake.
00:07:16.000 And so I thought I'd put on some of my lip gloss.
00:07:17.000 It's not.
00:07:18.000 This is my Morphe one.
00:07:19.000 Oh.
00:07:19.000 Tastes like sour babies.
00:07:21.000 Good for his dad.
00:07:22.000 I'm sitting here rubbing my lips together and I'm like, well, sh**.
00:07:25.000 I ain't hardly got no lips.
00:07:27.000 You ever seen a Latina in her 50s look like she's in her 30s?
00:07:29.000 Because I know for a damn fact you've seen a white woman in her 30s look like she's in her 50s.
00:07:34.000 I've seen a Latina in her 20s look like she's 50.
00:07:36.000 Half the time white folks hit 30 and they lose their damn chins.
00:07:40.000 Just up and lose them.
00:07:42.000 Really anywhere from 20 to 50 looks 30.
00:07:44.000 I ain't trying to make nobody mad, but I mean, s***.
00:07:48.000 A lot of us out here looking like bony ass meat sacks to me.
00:07:52.000 That's just you.
00:07:53.000 Who decided we were the elite?
00:07:56.000 On behalf of white folks, I want to apologize to everyone because we must be a deluded bunch because we done convinced ourselves a whole ass lie.
00:08:05.000 He sounds like Zach Galifianakis doing the effeminate racist.
00:08:08.000 Yeah, in a wet bandit's toque.
00:08:09.000 Who said that we are the elite?
00:08:11.000 And then he goes, on behalf of white people, trying to insinuate that he's a part of the elite, like he's a hipster SEAL Team 6.
00:08:18.000 saying is when the neighbors moved in my property value dropped. I ain't trying to
00:08:22.000 say nothing wrong. Who said that we are the elite and then he goes on behalf of
00:08:25.000 white people trying to insinuate that he's a part of the elite like he's a
00:08:29.000 hipster SEAL Team 6. Look, look, no one is saying that you are elite.
00:08:34.000 Now, insert any other race with what he just said.
00:08:36.000 White people look like bony-ass bags of meat.
00:08:38.000 Black women look like big-ass bags of meat.
00:08:41.000 Can't say that.
00:08:42.000 No, it'd be awful.
00:08:43.000 Look, I'm just trying to look normal.
00:08:45.000 I'm putting on lipstick.
00:08:46.000 I'm painting my nails.
00:08:48.000 My nails black.
00:08:49.000 I got a dangly cross ring.
00:08:50.000 I got this hat that looks like I'm in Life Aquatic with Steve Sisu.
00:08:54.000 Yeah, what's going on here?
00:08:56.000 And I will say this, having twins, this really- I was just talking with Pops Crotty about this yesterday.
00:09:02.000 You have a son, but I have, you know, young boy, young girl.
00:09:04.000 Okay.
00:09:05.000 Yeah, I'm a twin.
00:09:06.000 And I love them both dearly, but you have a twin brother.
00:09:08.000 So with one boy, one girl, I said, look, I am going to, there's always going to have to be some untraining, some sort of deconditioning, right, from society, especially if you understand the world we live in.
00:09:17.000 And there needs to be balance for both of them.
00:09:20.000 But with my daughter, I know that I'm going to have to correct the record that says, You are beautiful, you are perfect, just the way you are.
00:09:27.000 No matter what it is. If she's anorexic skinny, you're beautiful, you're perfect. If she's
00:09:31.000 overweight, blood type pudding, you're beautiful, you're perfect. If she works, you're
00:09:34.000 beautiful, you're perfect. If she doesn't work, you're beautiful, you're perfect. That's what the
00:09:37.000 message is. And I know that I'm going to have to decondition my son from being bombarded as a
00:09:43.000 piece of shit for something he has no control over because he's a white male.
00:09:48.000 No one is going to be telling my young white male boy that he's fantastic, you're great just the way you are.
00:09:55.000 It's the only subgroup of people whom you actively tell they need to change something about themselves which is immutable.
00:10:01.000 Now of course, I want my daughter to find her self-esteem and her values and her accomplishments, how she treats people.
00:10:08.000 But no one is perfect, no one is beautiful and perfect the way they are, and no one's a piece of crap!
00:10:13.000 Just because of how they were born, and it really is something that I think about a lot, and that guy just echoed it in a deeply disturbing way.
00:10:19.000 Yeah, and if anybody's telling your white kid that they're beautiful and perfect, just be like, look, the stranger has candy and don't get in the van.
00:10:26.000 Right.
00:10:26.000 That's the only person who's interested.
00:10:28.000 Yeah, exactly.
00:10:29.000 They really don't like white young men.
00:10:31.000 It sucks to say.
00:10:32.000 I mean, because there's so many people that get mad when you say that.
00:10:35.000 Right.
00:10:35.000 But it's true.
00:10:36.000 Like, this guy is just going on there to tell you that white people are garbage.
00:10:39.000 I know.
00:10:39.000 And he's white.
00:10:41.000 Why?
00:10:41.000 Yeah.
00:10:42.000 Well, this is why you have, you know, older boomers.
00:10:44.000 We talked about these statistics the other day.
00:10:45.000 All the references are available at ladderwithcredit.com.
00:10:47.000 They were more racist.
00:10:49.000 Then you had a dip with Generation X and older millennials.
00:10:52.000 Our generation.
00:10:53.000 They were the least racist.
00:10:55.000 And then you had it go up again, with younger Millennials and Zoomers.
00:10:59.000 Why?
00:11:00.000 Did we all of a sudden become more racist?
00:11:02.000 No.
00:11:02.000 What happened is, there was a divide and conquer, and the left said, we need to reawaken.
00:11:07.000 We need to refan the flames, the fire of racism, in order to gain votes.
00:11:10.000 That's what happened, and that's what you're seeing here.
00:11:12.000 When we grew up, we didn't even think about it.
00:11:14.000 The biggest shows, from the Cosby Show, to Fresh Prince, to Family matters?
00:11:19.000 You'd have family matters right next to Patrick Duffy on Step by Step.
00:11:23.000 That's the white and black cookie!
00:11:25.000 Well, no, it's because young guys who are white come up.
00:11:28.000 Let's say you're white and you see that guy.
00:11:30.000 Yeah.
00:11:30.000 Well, you hate him and you hate the people that he's siding with.
00:11:33.000 Right.
00:11:33.000 And then the black people hate him, too.
00:11:36.000 Yes.
00:11:36.000 Yeah, so it's pretty much his fault.
00:11:38.000 It should be unifying.
00:11:39.000 Yeah, that guy.
00:11:40.000 Everybody should hate that guy.
00:11:41.000 Yes, exactly.
00:11:42.000 There you go.
00:11:42.000 Common ground.
00:11:44.000 If you're not in a band, stop painting your nails.
00:11:45.000 You're a cashier.
00:11:47.000 Yes.
00:11:47.000 Stop it, sir.
00:11:49.000 So here's something else, a little more policy-focused, but this is, hey, this is great.
00:11:53.000 This is good news, and we need to celebrate good news.
00:11:55.000 That's been the theme of this week.
00:11:57.000 On April 26th, so a couple of days ago, and we didn't have time to talk about it because we didn't ask Wednesday yesterday, Anthony Fauci, the science, Yes.
00:12:06.000 Declared on air that America is officially out of the pandemic.
00:12:10.000 What?
00:12:11.000 Dr. Fauci, let me broaden this out and ask you, here we are.
00:12:15.000 It's the end of April.
00:12:17.000 It's the spring of 2022.
00:12:19.000 How close are we to the end of this pandemic?
00:12:22.000 Well, that's an unanswerable question for the following reason.
00:12:25.000 And I don't want to be evasive about it, but let me tell you why I'm giving you that answer, Judy.
00:12:30.000 We are certainly right now in this country out of the pandemic phase.
00:12:35.000 There it is!
00:12:46.000 Steven, we still have another clip.
00:12:48.000 Huh?
00:12:49.000 We still have another clip.
00:12:49.000 I think Saki followed this up.
00:12:53.000 So there's no question that we're in a moment, a different moment in our fight against COVID.
00:12:58.000 But we also know COVID isn't over and the pandemic isn't over.
00:13:02.000 Sorry to rain on the parade.
00:13:13.000 Yeah.
00:13:14.000 I'm out.
00:13:15.000 I just don't know anymore.
00:13:17.000 I thought he was the science.
00:13:19.000 He was.
00:13:19.000 Is she the science?
00:13:20.000 Is she Mrs. Science?
00:13:21.000 She's the new science.
00:13:23.000 Ugh, gosh.
00:13:23.000 Well, and then we're losing the science to MSNBC.
00:13:26.000 Now MSNBC is going to have a corner on the science.
00:13:28.000 That's just not fair.
00:13:29.000 It's because with her skin, she can't get any vitamin D in it.
00:13:33.000 At least not natural sunlight.
00:13:34.000 It's not possible.
00:13:35.000 She'll just burn like a vampire.
00:13:38.000 And she can't do her makeup because if she looks in a mirror, she doesn't see anything.
00:13:41.000 If you open one blind during that press conference, she's done.
00:13:44.000 She lights a blaze.
00:13:45.000 Burn.
00:13:46.000 Alright, so here's something else, by the way.
00:13:51.000 People are calling it this, but this is something that I was talking about before we get to Twitter.
00:13:59.000 I said this the other day, don't just look at the story.
00:14:02.000 Look at the people who are telling the story, or the people who are defending the story, or the people on the opposing side of the political spectrum, you know, where you find yourself.
00:14:11.000 And how are they defending it?
00:14:12.000 Or try and observe their self-awareness.
00:14:15.000 To me, what's concerning about this is, this next story, is that no one at this administration Just said, oh wait, no, that's bad.
00:14:24.000 That's going to look bad.
00:14:25.000 We want to do it.
00:14:26.000 We just don't tell people that we do it.
00:14:29.000 Right?
00:14:29.000 It's sort of like athletes.
00:14:30.000 Like, well, we want to cheat.
00:14:31.000 We just, we just lie because we know that it reflects poorly upon us and people know that we cheat.
00:14:37.000 That's why we buy urine.
00:14:38.000 Exactly.
00:14:39.000 It's clean.
00:14:39.000 Or in the case of the Russian Olympic team, it's the government just supplies urine.
00:14:43.000 Of course.
00:14:44.000 And steroids.
00:14:45.000 Yes.
00:14:47.000 Homeland Security Secretary Alejandro Mayorkas announced yesterday... Evil Jeff Bezos?
00:14:54.000 Yes, evil Jeff Bezos.
00:14:55.000 Evil-er Jeff Bezos.
00:14:57.000 Yeah, more evil Jeff Bezos.
00:14:59.000 I didn't know that was possible.
00:15:00.000 Maybe slightly less evil Jeff Bezos.
00:15:02.000 So, and this just happens to be coinciding with Twitter being purchased by Elon Musk, which we'll get to in a second, and the changes therein.
00:15:09.000 Mayorkas just announced the creation of the Official misinformation.
00:15:14.000 This is the government, so I don't want to hear it's a private company anymore because this entity that is being created by your government, its sole purpose is designed to get its tentacles into private companies.
00:15:26.000 The Misinformation Governance Board.
00:15:28.000 Let's hear Mayorkas describe it.
00:15:29.000 Our Undersecretary for Policy, Rob Silvers, is co-chair with our Principal Deputy General Counsel, Jennifer Gaskell.
00:15:39.000 In, um, leading a just recently constituted, uh, misinformation, disinformation governance board.
00:15:48.000 So we're bringing, uh, the goal is to bring the resources of the department together to address this threat.
00:15:55.000 I just read a very interesting study that underscores the importance of the, the point that you make, uh, the spread of myths and disinformation.
00:16:05.000 Now again, the government saying we're going to create a board, and you can go and check the references, whose purpose is primarily designed to pressure social media companies into doing their bidding.
00:16:23.000 For example, things like not allowing information out there, you know, like the Wuhan lab leak theory, or the Hunter Biden story, Or the CDC death rates for which we were suspended on YouTube, right?
00:16:34.000 The CDC actual death rates, just flu versus COVID for children, right?
00:16:38.000 This is misinformation.
00:16:39.000 Or reports on a violation of Pennsylvania's own high court, right, regarding mail-in elections.
00:16:46.000 This kind of misinformation.
00:16:48.000 Again, this wouldn't be as concerning.
00:16:50.000 If they weren't wrong all the time and even have admitted to, okay, we got that one wrong.
00:16:55.000 It's still pretty concerning because anytime the government says, we're going to determine what information is permissible or impermissible, you've now given up your freedom of speech across all platforms.
00:17:06.000 You can't say it's a private company anymore if the government gets to tell private companies what is considered permissible under the guise of misinformation.
00:17:15.000 And by the way, the person that he names who's heading this up, Nina Jankowicz, she's a global fellow at the non-partisan Wilson Center.
00:17:23.000 Good thing that it's non-partisan.
00:17:24.000 Let me read you a couple of this broad's tweets.
00:17:27.000 She said, after Elon Musk purchased Twitter, I shudder to think About if free speech absolutists were taking over more platforms.
00:17:36.000 She also called the Hunter Biden laptop a, quote, Trump campaign product.
00:17:41.000 Very middle-of-the-road.
00:17:42.000 Yes.
00:17:43.000 A Trump campaign product.
00:17:44.000 That is proactive misinformation!
00:17:47.000 Think about this.
00:17:48.000 That was from the New York Post, and no one denied its authenticity, aside from social media platforms.
00:17:54.000 No one else in the press, really.
00:17:56.000 No one else in the actual press, like New York Times, they didn't say, this isn't a true story.
00:18:00.000 They just didn't like the story.
00:18:01.000 This person who is now going to determine what shows up, or at least they're going to attempt to, I think Elon Musk is probably going to put up some walls, said it was just a campaign product for Donald Trump.
00:18:14.000 That is proactively trying to subvert democracy.
00:18:17.000 What the left accuses you of doing, they do themselves.
00:18:20.000 It really is.
00:18:20.000 It's the Alinsky 101.
00:18:21.000 Andrew Breitbart talked about that.
00:18:23.000 Just like you're seeing with Amber Heard and Johnny Depp.
00:18:26.000 She would accuse him of a borderline personality disorder when the shrink's like, no, you.
00:18:32.000 Who pooped in the bed, Amber?
00:18:33.000 Yeah.
00:18:34.000 So let me, uh, yeah, yeah.
00:18:35.000 Who pooped in the bed?
00:18:36.000 What?
00:18:37.000 What?
00:18:37.000 It was a prank.
00:18:37.000 It was a prank after you left him and his mother was dying.
00:18:40.000 Don't you do that?
00:18:41.000 What?
00:18:42.000 How do you comfort your spouse?
00:18:43.000 His mom was dying, so I pooped in his bed.
00:18:46.000 Oh, I forgot you never made a mistake!
00:18:49.000 I'm only human.
00:18:50.000 Yeah, barely.
00:18:52.000 I mean, not really.
00:18:53.000 I mean, I don't have a soul.
00:18:54.000 No, I mean, sugar, water.
00:18:57.000 I need sugar, water.
00:18:58.000 So, this is a Democrat activist, now, who is at the head of this board, and just to give you some examples, the Misinformation Governance Board, if only we would have some historical precedent.
00:19:07.000 Oh, that's right, we do!
00:19:09.000 Of government boards determining what information is allowable, used to mainly apply to the press, but of course now, you are the press.
00:19:17.000 This is what this whole fight is about with Twitter.
00:19:19.000 Right now, you are the press.
00:19:23.000 That's why the government needs to step in.
00:19:24.000 They used to be able to send some marching orders to just a handful of outlets, right?
00:19:28.000 All the news that's fit to print.
00:19:30.000 Three networks.
00:19:31.000 Now you're the press.
00:19:32.000 Now you have a camera.
00:19:34.000 Now you can do your own digging like us.
00:19:35.000 And so they have to make sure they create a government board to shut it down because we can't have you being the press.
00:19:40.000 But once upon a time, we did have these kinds of boards that existed to specifically send marching orders to the press.
00:19:46.000 We had the Reich Ministry of Public Enlightenment and Propaganda.
00:19:49.000 If they do it, my general rule is go another direction, but that's just one way.
00:19:55.000 There's the Publicity Department at the Central Committee for the Communist Chinese Party, there's North Korea's Propaganda and Agitation Department, and of course, there's the fictional 1984 Orwell's Ministry of Truth, which again, does this exact thing.
00:20:11.000 There's no self-awareness for them to just say, hey, you know what, hold on a second, if we're doing something that Orwell Fictitiously described as a dystopian future.
00:20:19.000 You mean non-fiction?
00:20:20.000 Yes, exactly.
00:20:21.000 I mean, it became that way.
00:20:24.000 He may have written it as fiction.
00:20:25.000 Yeah.
00:20:26.000 Spot on.
00:20:26.000 They're gonna have to recategorize it at the airport right next to the white guilt checklist book.
00:20:32.000 And the DVD of idiocracy.
00:20:33.000 Yes.
00:20:35.000 And we actually do have some, if I'm not mistaken, right now, right?
00:20:39.000 Right now on CNN.
00:20:40.000 They're an interaction with a misinformation board and someone with an infraction.
00:20:46.000 This is a CNN Plus special report.
00:20:49.000 Yes?
00:20:57.000 Peace.
00:21:01.000 Nothing.
00:21:03.000 That's right.
00:21:05.000 Because you know deep down you deserve to be punished That was I guess that was CNN plus
00:21:18.000 Oh.
00:21:18.000 Oh, you know what that was?
00:21:19.000 Yeah, they have some weird licensing agreements.
00:21:21.000 Oh, I thought it was an old Elliot Page movie.
00:21:23.000 Yeah, I don't necessarily know.
00:21:25.000 Guys, I'm gay.
00:21:27.000 Come on.
00:21:27.000 Gerald, that's out of line.
00:21:28.000 Yeah, that's out of line.
00:21:29.000 I'm a fan of his work.
00:21:30.000 Gerald B. Still doing the lamprey, though.
00:21:32.000 It's uncanny.
00:21:33.000 It really is something.
00:21:34.000 It really is.
00:21:35.000 Yeah.
00:21:35.000 It really is.
00:21:36.000 Alright.
00:21:36.000 I like his teeth better.
00:21:38.000 Yeah.
00:21:38.000 Yeah?
00:21:38.000 Yeah.
00:21:39.000 Well, you know what?
00:21:40.000 None of them were shot out with a BB gun.
00:21:41.000 No, that's true.
00:21:42.000 Not a one.
00:21:42.000 Yeah.
00:21:42.000 Also, around the office gets more use out of it with Choice Sauce.
00:21:45.000 Yeah.
00:21:46.000 No, we have fun with it.
00:21:47.000 Yeah.
00:21:47.000 Well, we need to...
00:21:48.000 We have disinfectant around here.
00:21:49.000 So, look, smash the like button really quickly because we're going to get some algorithm information here on Twitter.
00:21:55.000 YouTube, hitting like, commenting helps.
00:21:58.000 Sharing, we're now seeing, is the most important if you share it on YouTube.
00:22:02.000 And I hate to be that guy who asks you to do those things, but I want to be able to get through this information on Twitter without having to kind of break it apart.
00:22:09.000 We got a new share button.
00:22:11.000 Oh, do we?
00:22:11.000 Yeah.
00:22:12.000 What is it?
00:22:13.000 Let me see.
00:22:14.000 Click it.
00:22:14.000 Oh, you didn't see it yet?
00:22:18.000 I don't know.
00:22:18.000 I kind of like the Care Bear thing.
00:22:21.000 It was gay, but I was okay with it.
00:22:23.000 Guys, I'm gay.
00:22:24.000 That's way too loud.
00:22:25.000 It's louder than anybody else.
00:22:27.000 You got to take the volume down on him being gay.
00:22:28.000 I mean, I get he's emphatic about his gayness.
00:22:31.000 And we're proud of him for that.
00:22:32.000 Yeah.
00:22:33.000 No, we are.
00:22:33.000 Yeah, yeah, yeah.
00:22:34.000 No, it takes balls.
00:22:36.000 Yeah, it does.
00:22:36.000 It takes balls, especially when, you know, he's in the hospital with his beard having another child.
00:22:41.000 Yes.
00:22:42.000 It's hard to live a double life like Gerald.
00:22:44.000 No, it is.
00:22:44.000 It's nice that he's sent his stunt double.
00:22:47.000 Yeah.
00:22:48.000 No, it is.
00:22:49.000 By the way, we do pay scale.
00:22:50.000 So.
00:22:50.000 Yeah.
00:22:51.000 Oh, absolutely.
00:22:52.000 Twitter, this has been happening, right?
00:22:53.000 Elon Musk, keep in mind, Elon Musk isn't at the helm at Twitter right now.
00:22:58.000 So this is also some context that you need to keep in mind.
00:23:01.000 Whatever changes you're seeing at Twitter, okay?
00:23:05.000 A lot of people are going, oh, Elon bought Twitter, and there's this hero worship of him, and I'm really glad that he purchased Twitter.
00:23:10.000 But what you are seeing... Self-inflicted.
00:23:12.000 It's people running around with their heads cut off, the board going, oh my god, this is going, oh my god, hold on a second.
00:23:17.000 People are going to find out So if you're seeing these numbers change, by the millions by the way, that's Twitter's own people.
00:23:25.000 It's their own staff right now trying to cover their ass.
00:23:29.000 So let's keep that in context.
00:23:31.000 And then I want to get to some numbers that not only are surprising, But there are direct impact, and there are studies on this, as to how it could affect the outcome of elections.
00:23:41.000 We're not even talking about the freest and fairest election as far as the actual mail-in votes, or if voter fraud has ever occurred, ever.
00:23:47.000 You could type voter fraud in at lodworthcrowder.com for all those references, but we would never discuss it here.
00:23:52.000 Of course, we'll do it on Mug Club later, where we do chat Thursday, but all right.
00:23:56.000 You know this, Republican accounts, particularly conservative accounts, okay?
00:24:00.000 But I wanted to focus on Republican and Democrats today because I wanted to focus on elected officials, and then give you some personal examples.
00:24:05.000 So, Republican Twitter accounts, right, they've seen a massive surge in followers, while Democrat accounts have been shrinking.
00:24:12.000 Okay?
00:24:14.000 Here's the thing, again, keep in mind, Marley was dead to begin with, Elon Musk isn't doing anything there right now, it's just the fear that he might at some point.
00:24:25.000 Let me give you the follower differences between the 27th and the 30th that we see.
00:24:33.000 Republican followers gained, let's go through Jim Jordan, 160,000.
00:24:35.000 Marjorie Taylor Greene saw 150,000 gained.
00:24:38.000 Ted Cruz saw 118,000 gained.
00:24:41.000 Now let's contrast that with Democrats, notable Democrats, national figures.
00:24:45.000 Bernie Sanders saw a decrease of 25,000.
00:24:48.000 Hillary Clinton saw a decrease of 18,000.
00:24:49.000 Elizabeth Warren saw a decrease of 16,000.
00:24:52.000 Nancy Pelosi saw a decrease of 13,000.
00:24:55.000 Allegedly with Hillary Clinton, though, those people may have committed suicide.
00:25:00.000 Yes, they may have all committed suicide.
00:25:01.000 Allegedly.
00:25:01.000 Well, here's the thing.
00:25:03.000 This is also something that, like I said, look at what the opposition is saying.
00:25:07.000 How are they arguing?
00:25:08.000 Now, when conservatives were removed from Twitter, what would you see if they were actual people?
00:25:14.000 If these were actual accounts?
00:25:15.000 Because some liberals have tried to say, you know what, they're purging liberals now.
00:25:19.000 They're just deleting liberals.
00:25:20.000 This is authoritarianism.
00:25:21.000 Okay, when conservatives were being removed from Twitter, They go to Facebook, they would go to Instagram, they would go on YouTube, right?
00:25:27.000 They would go to Parler, they would go to Rumble, and let you know, hey, I've been suspended.
00:25:31.000 You always knew if someone was removed from Twitter, if it was an actual person.
00:25:35.000 Are you seeing anyone on the left right now?
00:25:37.000 Are you seeing any actual people telling you, my account was suspended, I was removed?
00:25:43.000 That's not happening.
00:25:45.000 They would be complaining about it.
00:25:46.000 It's not so you throw that out.
00:25:48.000 We know that's not what's going on right now.
00:25:49.000 So what is most likely happening?
00:25:52.000 Okay, this is a theory.
00:25:54.000 They're either purging accounts that were bots that were fake accounts because Elon Musk has said he's going to be really strict on that.
00:26:00.000 So, of course, they don't want to be brought up on any kind of Business malpractice charges.
00:26:06.000 I don't necessarily know how they would apply with social media.
00:26:08.000 So it's pretty clear.
00:26:09.000 They're either purging bots non-existent accounts and with conservatives either banned accounts are being unbanned falsely banned accounts or Uh, we all know this because you just saw a gain in like 10,000.
00:26:23.000 10,000 this week.
00:26:24.000 I saw 50,000 in a day.
00:26:26.000 It's crazy.
00:26:27.000 And so many people have been saying, hey, I'm seeing you in my timeline for the first time in a very long time.
00:26:32.000 People have chosen to follow.
00:26:34.000 My profile.
00:26:35.000 And this is the thing with the algorithms.
00:26:36.000 Sure, someone can follow you, but if someone follows you and unless they bookmark your page and check back every day, you might as well not exist.
00:26:42.000 Which, by the way, is the reason we always tell you Monday through Thursday, 10 a.m.
00:26:46.000 Eastern.
00:26:46.000 So you guys, if we're not here on YouTube, go to Rumble or watch us on Mug Club.
00:26:50.000 Monday through Thursday, 10 a.m.
00:26:52.000 Eastern.
00:26:52.000 Just bookmark it and check back in.
00:26:53.000 I'll get to YouTube stats in a second.
00:26:55.000 Notifications, subscriptions don't necessarily work.
00:26:59.000 So, on the left you see purging of accounts.
00:27:02.000 that weren't real. And on the right you're seeing either unsuspending of accounts
00:27:06.000 or just someone like Ted Cruz, his own people are seeing his stuff
00:27:11.000 so it gets retweeted, it gets put in their timeline, it's the pay it forward.
00:27:14.000 That was, remember the whole idea of viral?
00:27:16.000 Well you can't go viral, nothing can go viral if it can't start.
00:27:20.000 If you have five million people who follow you but Twitter says,
00:27:23.000 ahhh, you're only going to reach 20,000, the number doesn't matter.
00:27:27.000 So that's what we're seeing.
00:27:28.000 Now let me draw attention to this, because you just saw a gain with Republicans and a loss with Democrats.
00:27:35.000 Okay.
00:27:36.000 To the tune of millions, if you were to add them all up.
00:27:38.000 Now, Princeton University, there's research on this.
00:27:41.000 They found that for every, this is a quote, for every 10% increase of Twitter users in a given county, right, that lowered the vote share of Donald Trump by 0.2 percentage points.
00:27:55.000 That's weird.
00:27:56.000 That could almost sway things.
00:27:59.000 Yes.
00:28:00.000 Think about that for a second.
00:28:01.000 Think about right now they're saying Beto could win in Texas.
00:28:04.000 He's really close.
00:28:05.000 He's within 2%.
00:28:06.000 Okay?
00:28:08.000 Well, now let's just say Abbott gains the followers just based on the natural algorithm and all of a sudden Beto loses hundreds of thousands.
00:28:17.000 Do you think that changes the election?
00:28:19.000 So they combine algorithms.
00:28:21.000 They combine throttling.
00:28:22.000 They combine fake accounts.
00:28:24.000 And by the way, this is a dirty little secret.
00:28:25.000 I cannot substantiate this.
00:28:26.000 I want to be clear.
00:28:27.000 But I've worked in this industry for a very long time.
00:28:30.000 You pay a PR firm, you get a set amount of Twitter followers.
00:28:34.000 Don't ask questions.
00:28:36.000 Sort of like you pay a certain amount to a PR firm, you get a New York Times bestseller.
00:28:40.000 By the way, no one really knows what constitutes a New York Times bestseller, but you give us a quarter million dollars, we guarantee it, don't ask questions.
00:28:47.000 So I'm sure that there are a lot of Democrat PR firms that have been buying up fake accounts.
00:28:52.000 There are a lot of reasons that this has been taking place.
00:28:56.000 All of it points one direction.
00:28:57.000 And again, people, if you could comment below, send me examples.
00:29:00.000 Are there any prominent Democrats I haven't seen them saying, hey, I've been removed.
00:29:05.000 I know they're threatening to leave, and then they come back like Sean King, but I haven't seen any stories of Democrats en masse saying, I've been removed from Twitter, this is what's happening.
00:29:13.000 I see them bitching about it, where we saw conservatives all the time get removed, simply for points of view.
00:29:18.000 So I gained myself- You know what, Sean King went dark for a day.
00:29:22.000 Yes.
00:29:23.000 He went, uh, he went cream.
00:29:24.000 He went black for... He went cream for a day.
00:29:26.000 Well, he went back to cream for... Yes.
00:29:28.000 Well, he went right back.
00:29:29.000 No, he was always cream.
00:29:30.000 He just shut down his Twitter account.
00:29:31.000 Poor choice of words.
00:29:32.000 True.
00:29:33.000 Yeah, he went black.
00:29:34.000 He's never gone dark.
00:29:34.000 He's never been black.
00:29:35.000 No.
00:29:36.000 Or dark.
00:29:36.000 No.
00:29:36.000 But he was cream.
00:29:38.000 Yes.
00:29:39.000 He's still cream.
00:29:39.000 Eggshell.
00:29:40.000 Eggshell white.
00:29:41.000 Maybe a nice taupe.
00:29:42.000 Yeah, at best.
00:29:44.000 So I gained 89,000 Twitter followers.
00:29:45.000 Okay?
00:29:49.000 89,000 in the course of whatever, two or three days.
00:29:51.000 Now let me also point this to you.
00:29:53.000 Now imagine this for a second.
00:29:56.000 YouTube.
00:29:57.000 This is something too.
00:29:57.000 So we're seeing this with Twitter.
00:29:59.000 I can tell you there are some things I'll need to keep in my back pocket.
00:30:02.000 So there's some info that I'll never be able to give to you until the time is right.
00:30:05.000 But I will share this with you because it would be publicly available if you wanted to search for it.
00:30:10.000 For years, and Tool Man Tim, you've been working here for years, so you saw this happen.
00:30:14.000 For years, we on average gained over 100,000 subscribers on YouTube per month.
00:30:19.000 We had some months that were a couple hundred thousand a month.
00:30:22.000 I think the average was around 120,000.
00:30:23.000 Okay.
00:30:24.000 Then we were demonetized with the Vox Apocalypse.
00:30:27.000 And like that, to the day, all of a sudden we went from 130,000 new subscribers a month to...
00:30:33.000 About 20,000.
00:30:34.000 Maybe 40,000.
00:30:36.000 40,000 was the biggest month.
00:30:37.000 Some months would be 10,000.
00:30:38.000 Now, here's the thing.
00:30:39.000 That's a B-test.
00:30:40.000 Could be chance.
00:30:41.000 We were re-monetized on YouTube for four or five months before people complained about it.
00:30:47.000 Again, average 130,000 new subscribers per month.
00:30:52.000 De-monetized again.
00:30:53.000 So now we have four examples.
00:30:54.000 We have A, B, A, B.
00:30:56.000 Went down to 10, 20,000 new subscribers a month.
00:30:59.000 You're talking about a differential of hundreds of thousands in a month!
00:31:03.000 And if you do those estimates, if you look at the algorithms, for which there's been no explanation, no answer, we'd probably be at about 9 to 11 million subscribers a month on YouTube.
00:31:11.000 Not to mention the things like notifications working, subscriptions working.
00:31:16.000 We have to tell you to bookmark the page and come back 10 a.m.
00:31:19.000 Eastern every day and also let you know about Rumble and about Mug Club!
00:31:24.000 In case we're not on YouTube because we get removed for a reason that is not described.
00:31:28.000 Which, by the way, please do.
00:31:29.000 That's why we don't make any revenue off of YouTube.
00:31:31.000 We keep sponsors pretty limited.
00:31:33.000 Go to loudmouthcutter.com slash MugClub and, you know, it's $69 for students, veterans, active military.
00:31:37.000 You get the whole Blaze catalog.
00:31:40.000 This is something that, again, I think people are talking about.
00:31:43.000 People need to not focus on...
00:31:45.000 I lost this, I gained that.
00:31:47.000 What does that mean for the state of democracy?
00:31:49.000 Remember the Russiagate?
00:31:50.000 How long?
00:31:51.000 The media just even spoke about Donald Trump perhaps, you know, using a Hi8 camera to observe prostitutes urinating on Formica.
00:31:59.000 That was a huge story.
00:32:00.000 Of course.
00:32:01.000 Meanwhile, we see the difference of millions.
00:32:03.000 Millions of people being barred from following their supported elected officials and having others thrust before them.
00:32:10.000 If you're concerned about the state of democracy, if you think there's some, you know, we want trust in our institutions, then you should absolutely be pushing for transparency.
00:32:18.000 This can affect the state of the country, in addition to the Hunter Biden story, which we know would have changed the election.
00:32:24.000 Hey, speaking of Sean King, he might be breaking some news.
00:32:29.000 Oh no!
00:32:29.000 I don't know what his sources are.
00:32:30.000 He tweeted, I'm told this morning that Apple and Google will remove Twitter from the App Store if it does not moderate and remove hate speech under Elon Musk.
00:32:37.000 This isn't a new policy, but a commitment already made.
00:32:39.000 Amazon Web Services has the same commitment, so there's that.
00:32:42.000 And then he replied to someone who probably was trying to call BS, and he said, spoke to staff at Google and Apple, who referred me to the following policies.
00:32:49.000 Yeah, well, by the way, first off, there are a couple things that are troubling in there.
00:32:52.000 He spoke to officials at Google and Apple.
00:32:55.000 Oh, we can never get a return call.
00:32:56.000 We have far more influence and far more people who care about what we say than Sean King.
00:32:59.000 Of course, they're selective in answering their calls, just like they're selective in who they decide to throttle.
00:33:03.000 You know what else is?
00:33:04.000 He mentions Jeff Bezos and Amazon being on board with it.
00:33:07.000 Hey, hey, hold on a second.
00:33:08.000 He's like, hey man, I talked to Alexa.
00:33:09.000 Yeah, yeah.
00:33:10.000 Alexa, is Elon Musk a bitch?
00:33:14.000 I'm sorry, I didn't understand that.
00:33:16.000 Alexa, is Elon Musk a bitch?
00:33:17.000 It's me, Sean King!
00:33:19.000 Come on, I have to use my other voice.
00:33:21.000 It's me, Sean King.
00:33:23.000 Oh, whiskers.
00:33:23.000 His face recognition software, he has to put on his ginger wig.
00:33:28.000 Or put on his... puts on his black wig over his ginger hair.
00:33:32.000 Right.
00:33:33.000 It's like Rachel Dolezal who got a perm so she could straighten it, so she could act like she straightened her curly hair.
00:33:39.000 No, here's the thing.
00:33:40.000 He just mentioned Jeff Bezos, right?
00:33:43.000 And Amazon, does anyone see a problem with... Is he the second richest guy?
00:33:47.000 I don't know.
00:33:47.000 I know Elon Musk is number one.
00:33:48.000 Is Jeff Bezos number two or is he number three?
00:33:50.000 I guess it depends on... Well, does anyone see a problem with the number two richest guy now implementing a policy that would hurt the number one richest guy?
00:34:00.000 Hey, what happened to antitrust?
00:34:02.000 What happened to wanting accountability for businesses?
00:34:04.000 Look, I want accountability across the board.
00:34:06.000 And by the way, if this is true from Shaun King, again, here's an issue.
00:34:10.000 Shaun King doesn't have the self-awareness to say, ooh, this could be a slippery slope.
00:34:14.000 Sort of couch it.
00:34:15.000 For example, I say to you very often, I understand that there are actual racist message boards or hate places on the dark web that end up being the bathroom wall of society, and most people don't want to spend time there.
00:34:27.000 That's not Twitter.
00:34:29.000 That won't be Twitter simply because you don't remove someone for saying that Anthony Fauci isn't the final voice on science.
00:34:35.000 I understand that.
00:34:36.000 They don't acknowledge what the other side's concern is because they don't know it.
00:34:40.000 Sean King doesn't understand it.
00:34:42.000 Here's the real value that conservatives, that I hope, if nothing else, if nothing else beyond the entertainment, if nothing else I've helped you do, is to understand the way the other side thinks.
00:34:52.000 I can tell you this firsthand.
00:34:54.000 The left doesn't, because they don't try to.
00:34:57.000 They cannot even entertain the possibility that they're wrong.
00:35:01.000 They're an entire group herd of amber herds.
00:35:05.000 That's what the left is.
00:35:06.000 They can never even possibly fathom!
00:35:10.000 That they would be wrong.
00:35:10.000 So, now we look at this hate speech from Apple and Amazon.
00:35:13.000 Okay, can we bring up the Elon Musk?
00:35:15.000 He was very clear about what he would do with speech on Twitter.
00:35:19.000 I believe his tweet was something to the effect of, I'm going by rote here, he said, you know, speech must follow the law.
00:35:25.000 And Twitter will not do anything that goes beyond the law.
00:35:28.000 And that's very clear.
00:35:29.000 So when people say things like, oh, free speech, you can't yell fire in a crowded theater.
00:35:33.000 You can if there's a fire!
00:35:35.000 You just can't yell fire because it's a call to action if it's a lie that harms people.
00:35:40.000 You can tell someone that you hate them, you just can't actually physically hurt them or call someone else to an action to harm them, because the crime is the action, not the speech.
00:35:53.000 The law is really clear on it.
00:35:54.000 What they want, and they can't even agree on it.
00:35:57.000 Did you listen to the phone call from the Twitter board?
00:35:59.000 They're going, well, what are we going to do?
00:36:01.000 What is going to be considered hate speech?
00:36:03.000 Like, we don't know!
00:36:06.000 So you can't give us an answer but you're going to ban one of the top three social media platforms in the world without even defining what hate speech is?
00:36:15.000 Must be so nice to have no accountability and to have supporters sycophants like Sean King.
00:36:20.000 Well that's all that it is.
00:36:25.000 You look at places, here's the problem, is you go to a place where there is actually the dark web, or even places like Reddit that can get real dark or anything, they're not controlled, because they're not big enough to where they can actually sway anything.
00:36:36.000 The reason why they're so upset about this is because it does take away their ability to sway everyone and everything, and to call people out publicly, and to actually throw out misinformation, do things so insane, like prevent the President of the United States from talking to their people.
00:36:55.000 I don't ever think that Joe Biden should be thrown off Twitter.
00:36:58.000 Ever.
00:36:59.000 No.
00:36:59.000 And I don't think Donald Trump should be thrown off Twitter.
00:37:01.000 That was absurd.
00:37:02.000 No.
00:37:03.000 That's what they're pissed off about is they can't get, they're no longer, not even at this point yet, they're afraid that they'll no longer be in charge of the message.
00:37:12.000 Right.
00:37:12.000 And they're the ones that are pulling out the rug right now.
00:37:14.000 They can't handle that the least popular of the big three social platforms are Facebook, Instagram, and then YouTube.
00:37:22.000 So Facebook, Instagram is a subcategory.
00:37:24.000 Then YouTube is sort of a subcategory.
00:37:26.000 Then you have Twitter.
00:37:28.000 These are sort of the big three.
00:37:29.000 They're concerned that they just won't have control over the third.
00:37:33.000 And think about it, it's the same plan of attack that they had with media, right?
00:37:37.000 They had ABC, NBC, CBS.
00:37:40.000 Then cable came out and they had CNN and they had CNBC and MSNBC and Fox News got A market share.
00:37:48.000 Now, why did it work?
00:37:50.000 Why was it so successful?
00:37:51.000 They got the market share for whom there was nothing available despite being 789 networks.
00:37:59.000 And they would say, they would complain, and try and create laws to kneecap Fox News.
00:38:05.000 It's the same thing that's happening here.
00:38:07.000 Well, you have Facebook, you have Instagram, you have TikTok, along with the Communist Chinese Party.
00:38:10.000 You have Google, Alphabet.
00:38:12.000 You also have YouTube.
00:38:13.000 They have independent fact-checkers who, by the way, are getting their information straight from the White House.
00:38:17.000 Seems like now you have a little bit of Spotify.
00:38:19.000 Yeah, but we want Twitter too!
00:38:21.000 Yeah, yeah, yeah, but there's Fox News!
00:38:23.000 If there's even a chance that people hear an alternative point of view, we're going to be harmed.
00:38:29.000 Just like the New York Post story.
00:38:32.000 With Hunter Biden, we know it would have affected the outcome.
00:38:34.000 Hey, there's been Russiagate.
00:38:36.000 There's been Donald Trump peeing on prostitutes.
00:38:37.000 There's been him basically, you know, shaking hands and having midnight orgies with Putin, for all you know, with these articles coming out from the New York Times and Washington Post.
00:38:47.000 False story after false story after false story.
00:38:49.000 Verifiably false.
00:38:50.000 They don't have to have accountability for themselves.
00:38:52.000 They don't.
00:38:53.000 New York Post needs to be removed.
00:38:54.000 You've got Facebook.
00:38:55.000 You've got Twitter, though.
00:38:57.000 And then they all... You think it's chance?
00:38:59.000 Why do you think Apple and Amazon You think he's just chancing?
00:39:04.000 If Sean King is right, and by the way, I don't necessarily, I tend to think it's a 50-50 shot that he's just making stuff up, but... The fake, yeah, the fake guy who made a bunch of money off BLM.
00:39:13.000 Right.
00:39:13.000 But he is a quizling, and so they will use him and throw him a bone every now and then.
00:39:16.000 Yeah, I mean, he does own a Boys in the Hood shirt.
00:39:18.000 Yes, he does.
00:39:19.000 He does.
00:39:20.000 But even though to me he seems about as black as a water polo.
00:39:22.000 Yes.
00:39:24.000 Seems as black as actual polo.
00:39:25.000 Yes.
00:39:28.000 But if it's true, you think it's just by happenstance that Apple and Amazon, the other richest guys out there who are powerful, happen to come together to try and take down the one rich guy?
00:39:37.000 It doesn't require any inconsistency for me to say, all right, Elon Musk wants to take over Twitter.
00:39:42.000 Great.
00:39:43.000 I think that there should be Section 230 reforms.
00:39:45.000 Oh, okay.
00:39:47.000 Someone else owns another platform.
00:39:48.000 Great.
00:39:48.000 I think there should be Section 230 reforms.
00:39:51.000 But for them to say, hold on a second, we need antitrust, that's what Jen Psaki just said the other day, which by the way has nothing to do with 230.
00:39:57.000 That's the bait and switch.
00:39:58.000 She said 230 looking at antitrust with these big companies?
00:40:02.000 Oh!
00:40:02.000 Hey!
00:40:03.000 Antitrust!
00:40:04.000 How about Apple and Amazon today in agreement to remove Twitter?
00:40:10.000 To harm one of their competitors.
00:40:12.000 Huh?
00:40:13.000 What about antitrust?
00:40:13.000 It requires inconsistency from the left.
00:40:17.000 It's not a product.
00:40:19.000 It's not a symptom of progressivism.
00:40:22.000 It is a requirement to be a leftist.
00:40:24.000 To abandon the concept of consistency.
00:40:27.000 But we didn't give Elon Musk his billions of dollars.
00:40:31.000 No, we did not.
00:40:32.000 This is a guy who made his money.
00:40:34.000 Well, they bought his cars.
00:40:36.000 Yeah, they are mad that the guy who made the electric car is drivable.
00:40:39.000 It's crazy.
00:40:42.000 You drive his cars and then you're mad at him.
00:40:44.000 You're like, ah, this bastard, I gotta get in this car now and drive to work.
00:40:47.000 I know.
00:40:48.000 It makes no sense.
00:40:50.000 But you're angry at him, but you're not angry at the government who's printing out trillions of dollars while taking your trillions of dollars and mismanaging them.
00:40:58.000 Yeah.
00:40:59.000 You're pissed off about what a guy's doing with his money.
00:41:02.000 Right.
00:41:02.000 What do you care?
00:41:03.000 Right.
00:41:03.000 When you look at somebody like, okay, Bill Gates, MSNBC.
00:41:07.000 Do you have a problem with that?
00:41:08.000 It's the same thing.
00:41:09.000 Right.
00:41:09.000 It's another source of information that's owned by a billionaire pushing that out to the public.
00:41:14.000 Jeff Bezos, Washington Post.
00:41:16.000 Right.
00:41:16.000 Is that a problem?
00:41:17.000 Is that a problem?
00:41:18.000 It's all the same thing.
00:41:20.000 Docs!
00:41:22.000 Think about this.
00:41:22.000 Jeff Bezos, Washington Post, one of the most powerful men in the world, had a reporter who was walking around with daddy's checkbook, daddy in this instance is Jeff Bezos just to be clear, doxing an anonymous independent content creator with libs of TikTok.
00:41:36.000 And you guys say you're for the little guy?
00:41:39.000 While creating the Ministry of Truth?
00:41:41.000 And I'm slowly stopping.
00:41:43.000 You know, you eventually had to start using Amazon with the pandemic.
00:41:46.000 Right.
00:41:46.000 You're like, I can't go nowhere.
00:41:48.000 Right.
00:41:48.000 I'll have this guy come here instead.
00:41:51.000 Right.
00:41:51.000 But I'm slowly stopping to use Amazon.
00:41:55.000 I just don't want to deal with it anymore.
00:41:56.000 I just don't want to support the company.
00:41:58.000 Right.
00:41:59.000 And it's not against people that work there, it's just I don't like him and I don't like what he's doing.
00:42:04.000 Well, it's also changed after Black Lives Matter.
00:42:06.000 You know, you want to go to brick-and-mortar stores.
00:42:08.000 I do, yes.
00:42:08.000 But unfortunately, the stores just have bricks through the windows and they've been hit with mortar shells.
00:42:12.000 Yeah, it's just called mortars.
00:42:18.000 Do you want to buy this car?
00:42:19.000 Not really, it's on fire.
00:42:20.000 Yeah, well, you know what?
00:42:22.000 Fine.
00:42:22.000 Would you like to buy a 93 door?
00:42:24.000 Yeah.
00:42:25.000 Would you like to buy a 93 Oldsmobile?
00:42:26.000 You can go over there to the theater.
00:42:28.000 They still sell some.
00:42:29.000 It's basically a used car lot.
00:42:30.000 Hey, speaking of consistency, by the way, the consistency of our sponsor here today, Good Ranchers.
00:42:35.000 I've talked about this.
00:42:36.000 Yes.
00:42:37.000 They saw it here, Good Ranchers.
00:42:39.000 American meat delivered.
00:42:40.000 One thing a lot of people don't realize is a lot of the meat you get in stores, not coming from the United States.
00:42:45.000 No, China.
00:42:45.000 Nope, a lot of it.
00:42:46.000 So Good Ranchers actually sources it from ranchers here in the United States and they deliver it to you.
00:42:51.000 The prices are incredible.
00:42:52.000 I gotta tell you, I had a ribeye three days ago.
00:42:55.000 It was the second best ribeye I've ever had in my life.
00:42:57.000 Second best.
00:42:58.000 I don't think they'll be mad at me saying this.
00:42:59.000 It was the one time someone bought me like this ultra uber expensive dry whatever ribeye that I've made at home.
00:43:06.000 That was the only time, and it could just be subjective, that I would say that was the best steak I've ever had, but the prices at Good Ranchers are better than you often get in the grocery stores.
00:43:14.000 Better quality, and right now they have an American Wagyu burger.
00:43:18.000 What am I doing with this?
00:43:19.000 This is ribeye.
00:43:21.000 No, I like it more than the burger, but they have individually wrapped burgers, easy to cook, you can put them in tacos, meatballs, I don't know.
00:43:27.000 But if you enter in the promo code Crowder at goodranchers.com slash Crowder, you will actually get $25 off every delivery for a lifetime.
00:43:34.000 Lock that price in right now.
00:43:35.000 I bet you wish you would have locked in that price before the price of beef went up, I don't know, what, the last two weeks?
00:43:41.000 Oh, and the next two and the two after that.
00:43:44.000 Yep.
00:43:44.000 Buy the market while it's low!
00:43:46.000 And two free pounds of the American Wagyu.
00:43:48.000 That's right, you get two free pounds of the American Wagyu.
00:43:50.000 It's good.
00:43:51.000 It's seriously really good.
00:43:51.000 You'll die like John Wayne with 20 pounds of compacted red meat.
00:43:57.000 Yes, on the toilet with balls full of steak and coffee.
00:44:00.000 This is one of those rumors.
00:44:02.000 Remember when people believed that?
00:44:03.000 It's like, it's not possible.
00:44:06.000 All right, so here, speaking of that, you were talking about printing money.
00:44:09.000 This is something I really want to talk about, too, is the recession that's coming up.
00:44:12.000 And by the way, we're going to go to a chat.
00:44:13.000 By the way, I thought we were in one.
00:44:15.000 I know.
00:44:15.000 Good news, there's another one on the way.
00:44:17.000 No, no, no, no.
00:44:18.000 You're someone actually feeling the effects.
00:44:20.000 You're not an economist on television.
00:44:23.000 It's the second tax bill I've got where I'm like, wow, all of it?
00:44:26.000 Right.
00:44:27.000 I was driving yesterday, and I was talking to one of my family members, and this actually happened in the middle.
00:44:32.000 This person was talking about something very serious, a health issue that had come up.
00:44:35.000 And I was like, yeah, no, I'm listening.
00:44:37.000 Well, you know what?
00:44:37.000 You got to put it in God's hands.
00:44:38.000 And I just, and pardon me if you have kids, I just, well, I guess I'll hit the mute button.
00:44:42.000 I was listening.
00:44:42.000 I'm like, yeah, well, look, I'm here.
00:44:44.000 And the reason was I saw that gas went to $3.99 so fast.
00:44:49.000 It went down for a minute.
00:44:52.000 $4 in Texas.
00:44:54.000 I don't even know how that happens.
00:44:55.000 Mine takes premium.
00:44:56.000 It's almost five, again.
00:44:58.000 Good Lord!
00:44:59.000 So, let's go through this.
00:45:00.000 Okay, according to the Consumer Price Index, and I want to fill you in on this because a lot of people sort of, again, talked about the economy.
00:45:06.000 Let me consolidate it so you understand why.
00:45:09.000 We have never been in this kind of a scenario, ever, in the history of America, and it not resulted in a bad recession.
00:45:15.000 This isn't me doing a Jim Cramer, saying, Bye!
00:45:17.000 Sell!
00:45:17.000 I'm just telling you.
00:45:19.000 It's never happened before.
00:45:20.000 It's been a 100% chance that with all of these indicators, you have a very bad recession.
00:45:25.000 And by very bad, I mean get worse than it is now.
00:45:27.000 So, according to the Consumer Price Index, inflation rose by about 8.5% year-over-year in March.
00:45:32.000 That's the biggest increase in over 40 years.
00:45:34.000 So to give you some context, food is an 8.8% increase.
00:45:39.000 Energy, 32% increase.
00:45:41.000 And I know what some of you are saying, that sounds really low, right?
00:45:44.000 Food only 8.8.
00:45:45.000 You would take that as a win.
00:45:47.000 That's because these numbers are actually the result of, again, tweaking the methods of measuring inflation so it seems much lower than how we've measured it historically.
00:45:56.000 Don't take my word for it.
00:45:57.000 People think of us as having had 13, 14% inflation in the 1970s.
00:46:04.000 But that's only because of the way it was calculated then.
00:46:08.000 If you use the same way we calculate inflation now, it got just above 10% in the 1970s.
00:46:16.000 So getting to eight and a half, we're actually closer to being back there than I think most people realize.
00:46:24.000 Now do you notice what he said?
00:46:25.000 He said we're closer to being back there.
00:46:28.000 Now I'll say, I don't know if you know this, but that was a lie.
00:46:32.000 Yes.
00:46:32.000 Yeah.
00:46:32.000 And the reason why is because if we're using that same sort of 1980 model, if it was the same model being used today, inflation would actually be closer to 17%.
00:46:38.000 So he's like, we're almost there at the 11 or 14.
00:46:43.000 It's like, no, no, no, look behind you.
00:46:45.000 That's there.
00:46:47.000 It's 17%.
00:46:51.000 And they get away with this!
00:46:53.000 They're just like, uh, yeah, yeah, yeah, yeah, no, inflation's only eight and a half.
00:46:55.000 They're like, wait a second, what about, uh, well, how are you doing that?
00:46:58.000 Oh, no, we used to do it this way, but we're not doing it that way anymore.
00:47:00.000 When in the 70s, I wasn't around, but through various documentaries and movies I've seen, people didn't drive anywhere.
00:47:05.000 Right.
00:47:06.000 They really just stayed at home and cooked.
00:47:08.000 Like, it was a real problem.
00:47:09.000 Yeah, no, that was a documentary about last week.
00:47:11.000 Oh, I see.
00:47:12.000 Oh, you're right, I was watching the news.
00:47:13.000 Yes, yes.
00:47:14.000 That's what it was.
00:47:15.000 Now, regardless, and here are a few key indicators, like you're talking about.
00:47:18.000 There's a disconnect between what they're trying to claim on media and what you're experiencing.
00:47:21.000 Regardless of what Biden has been saying, real wages are not going up.
00:47:24.000 So in 2021, inflation actually outpaced wage gains by 1.5%.
00:47:29.000 Yeah, you're losing money.
00:47:30.000 You're losing money.
00:47:32.000 Absolutely.
00:47:33.000 It's the greatest tax One way to fight inflation is to drive down wages and make Americans poorer.
00:47:36.000 is inflation. It's effectively a tax for you as you experience it. Your money is now worth less
00:47:42.000 than the day before. That's a really big problem. Everybody is feeling it. Now, let me explain to
00:47:47.000 you the methods that the left will tell you would work and exactly why historically they've worked
00:47:51.000 0% of the time. Here is former Vice President Biden's brilliant plan.
00:47:55.000 One way to fight inflation is to drive down wages and make Americans poor.
00:47:59.000 I think I have a better idea to fight inflation. Lower your cost, not your wages.
00:48:05.000 Oh, oh, I, I, I...
00:48:11.000 Of course!
00:48:12.000 We could have done that.
00:48:13.000 You know, yeah, that's a good idea.
00:48:14.000 You should, uh, here's an idea.
00:48:16.000 Go to, uh, Russia for gas in China.
00:48:18.000 Yes, exactly.
00:48:19.000 That's a good idea.
00:48:20.000 Instead of sourcing it at home.
00:48:21.000 Lower my costs, not my wages.
00:48:24.000 I didn't, oh, okay, so if I'm a farmer, just lower the cost of the raw materials, like fertilizer.
00:48:28.000 Better yet, I'll just lower the costs of ammonia.
00:48:30.000 You know, I'll just lower the costs of feed for the cattle.
00:48:34.000 Right here, I'll just lower the costs, the energy costs of heating and lighting a studio.
00:48:38.000 You know, I've done the math, and I have a bullet for me and every one of my family members left over.
00:48:44.000 You are a miracle in cost lowering.
00:48:47.000 This is great.
00:48:47.000 I should call you Dave Rollback.
00:48:49.000 Thank you.
00:48:51.000 What an ass!
00:48:52.000 This is the problem, though.
00:48:53.000 People listen to this and they go, yeah, that makes perfect sense.
00:48:57.000 What, do you think they're just gouging you?
00:49:00.000 This is the problem with this country.
00:49:02.000 People think that if you franchise a subway, you're a multi-billionaire.
00:49:07.000 They think if you're a farmer, if you own a business, you're automatically a billionaire.
00:49:12.000 You're not!
00:49:13.000 Most people struggle for a very long time to own a company, and if you're lucky, you come out on top.
00:49:19.000 People, you know, if I do airport runs and I pick them up in my car, they go, oh, really?
00:49:23.000 Yeah, that's always a nice feeling.
00:49:26.000 Sorry, I just would have expected better.
00:49:28.000 I would have expected better.
00:49:29.000 Look, I'll tell you this, the cost of just, because we have to get the mugs, unfortunately, overseas, but we have Americans who paint and etch these mugs.
00:49:37.000 The costs have gone up dramatically.
00:49:38.000 We haven't raised the cost for Mug Club, for people out there.
00:49:41.000 Why?
00:49:41.000 Because we don't want to.
00:49:42.000 We know that you're hurting as well, but I will tell you, it's a sting.
00:49:45.000 We have to just cut some costs somewhere.
00:49:47.000 We can't just bring down the cost of someone else's shit!
00:49:51.000 So that's his plan.
00:49:52.000 Okay.
00:49:52.000 So barring that genius, uh, ten-year plan... He should sell a hundred and just pay less for Coke.
00:49:59.000 Yeah, he should.
00:50:00.000 No, just shortchange your dealer and see how that works out.
00:50:02.000 That's how it started.
00:50:02.000 I would just smoke the drywall.
00:50:04.000 Yeah, yeah.
00:50:04.000 It's fine.
00:50:05.000 That's why I went for cheese.
00:50:07.000 So, the Federal Reserve, the other thing they'll have to do is, the Federal Reserve is going to have to raise interest rates.
00:50:12.000 Now, for people who don't understand this, you hear this a lot, right?
00:50:14.000 I don't know if you, when I say the Federal Reserve raises interest rates, you might have some questions.
00:50:19.000 Well, yeah, I get it.
00:50:21.000 Okay.
00:50:21.000 Some people out there, and this is not because you're ignorant, but a lot of you aren't economists, it basically means the rate at which commercial banks borrow and lend, right, from the reserves.
00:50:29.000 This is what we're talking about with the Federal Reserve, okay?
00:50:31.000 Because some people will say, well, if they raise interest rates, that's not my rate.
00:50:33.000 Well, no, we're not talking about your rate, necessarily, with the bank.
00:50:36.000 That's what we're talking about.
00:50:37.000 Well, the rate you have locked in is not going to be, it's going to be yours.
00:50:40.000 Right.
00:50:41.000 So, that's exactly what this government plans to do.
00:50:43.000 They're going to raise the interest rate.
00:50:45.000 For new buyers.
00:50:46.000 To 2.75%.
00:50:49.000 For now.
00:50:49.000 By the end of next year.
00:50:51.000 Let me give you what they would argue.
00:50:53.000 In theory it's simple.
00:50:56.000 The Fed raises interest rates.
00:50:57.000 That decreases demand and inflation falls.
00:51:00.000 That's never happened, as the Wall Street Journal points out.
00:51:05.000 And believe me, I'm very careful to couch my words.
00:51:08.000 It usually doesn't.
00:51:11.000 Because someone can find one example.
00:51:13.000 Hey, ask me if any, like, point to any example.
00:51:16.000 Well, let's see.
00:51:16.000 No!
00:51:17.000 There you go.
00:51:18.000 So, the Wall Street Journal.
00:51:20.000 You remember the 2008 housing crisis?
00:51:23.000 No!
00:51:24.000 It's never worked!
00:51:25.000 You can get a house for basically free with a 5% interest rate.
00:51:30.000 That happened.
00:51:32.000 Wait, so you mean you're still paying us to look for your home?
00:51:36.000 So the Wall Street Journal pointed out this.
00:51:39.000 This is a quote from the Wall Street Journal.
00:51:40.000 The Federal Reserve is setting out to do something it has never accomplished before.
00:51:44.000 Reduce inflation a lot without significantly raising unemployment.
00:51:48.000 Now the goal is to lower inflation by 4%.
00:51:50.000 Okay.
00:51:51.000 They've never done that, again, ever, ever, ever, ever, ever, ever, without causing a recession.
00:51:56.000 Now, rapidly increasing interest rates, that is horrible for economic growth.
00:52:01.000 Take it from someone who isn't conservative, and not me.
00:52:05.000 What you have is enough tightening by the Federal Reserve to deal with inflation adequately.
00:52:13.000 There's too much tightening for the markets and the economy.
00:52:19.000 So the Fed is going to be in a very difficult place a year from now as inflation still remains high and it starts to pinch on both the markets and the economy.
00:52:30.000 Right.
00:52:30.000 So what they're trying to get here is what they call a soft landing.
00:52:33.000 They use terms like tightening.
00:52:35.000 Yes.
00:52:36.000 Raising rates.
00:52:36.000 Because if you hear tightening, you're like, oh, they're going to tighten.
00:52:38.000 They're going to become more fiscally responsible.
00:52:40.000 No, no, no, no, no.
00:52:40.000 There's no borrowing and printing money.
00:52:42.000 The term tightening, it's almost the opposite of that.
00:52:45.000 Well, it means you have to tighten your pockets if you want to survive.
00:52:48.000 Yes.
00:52:49.000 That's what tightening means.
00:52:50.000 Exactly.
00:52:50.000 Yeah.
00:52:51.000 While the Fed lives high and the hog, we will survive.
00:52:55.000 I would rather go back into the jail and take my turns with men.
00:52:59.000 It would be extremely painful for me.
00:53:03.000 Have you been to Kroger?
00:53:05.000 That was right.
00:53:06.000 So, uh, they want a soft landing, they want to try and curb demand, and they want there to be no layoffs, and they want to try and decrease inflation, and they want to avoid a recession.
00:53:13.000 Here's the thing.
00:53:14.000 Trying to make all of those things work by raising the interest rates, it's an incredibly unlikely scenario, and by unlikely I mean it's never happened before.
00:53:21.000 Listen to someone say it again, and then I'll explain why.
00:53:24.000 So is the soft landing just pie-in-the-sky stuff?
00:53:29.000 Um...
00:53:31.000 When you say soft landing, there's no going to be, it's pie in the sky stuff.
00:53:40.000 I think that most likely what we're going to have is a period of stagflation.
00:53:46.000 Which is a soft landing without a parachute.
00:53:48.000 And then you have to understand how to build a portfolio that's balanced for that kind of an environment.
00:53:54.000 The stagflation rises!
00:53:56.000 For people who don't know what stagflation means, it's basically a scenario where you have high inflation in a shrinking economy, high unemployment.
00:54:02.000 Okay, just to be clear.
00:54:04.000 So they use these terms, tightening, soft landing, stagflation.
00:54:07.000 And when I was learning about this, I was about 16 years old when I started taking an interest.
00:54:11.000 I would fake like I knew, like, oh, yeah, stagflation, then go back and read it and go, okay, now I understand for the next conversation.
00:54:17.000 So hopefully this helps you.
00:54:18.000 You're not stupid if you don't know all these terms.
00:54:20.000 It's designed to obfuscate.
00:54:22.000 I'm trying to simplify it as much as I can so that you can understand it.
00:54:26.000 Their goal is to ensure that you don't understand it.
00:54:29.000 It's throwing off a guy who's an expert in this.
00:54:31.000 Right.
00:54:31.000 Yeah, you shouldn't know all of it.
00:54:32.000 That's the goal.
00:54:33.000 And the reason why is because they want you to trust the authority figures.
00:54:35.000 They don't want you to have access to the science from reporters.
00:54:39.000 Like all of us, they want you to trust the science.
00:54:41.000 Fauci.
00:54:42.000 They don't want you to really know... If they just say, well, we're talking about a scenario with high inflation and a shrinking economy, high unemployment, you'd be like, that sucks.
00:54:48.000 We'll just call it a stagflation.
00:54:50.000 What?
00:54:51.000 It's not as bad.
00:54:52.000 We'll just call it a soft landing.
00:54:53.000 They want you to not be able to understand this so that you have to trust an authority figure like the Ministry of Truth as it relates to disinformation online.
00:55:02.000 My goal is to try and make this as simple as possible.
00:55:06.000 That's reductive!
00:55:07.000 Dear God, I hope so.
00:55:08.000 So, the Fed has tried this many times before.
00:55:11.000 Let me give you some historical examples.
00:55:13.000 Okay, 1950s, they tried to do this.
00:55:14.000 You saw inflation spikes, you saw recessions.
00:55:17.000 1970s, inflation fell, then it surged higher due to outside factors like you had the oil shock.
00:55:21.000 I don't think many people would argue the 1970s was a booming economy that the American public was proud of.
00:55:27.000 You had the early 1980s where the Fed pushed the interest rates to 20%.
00:55:30.000 Recession, double-digit unemployment.
00:55:33.000 Now, You do have 1994, Alan Greenspan raised the rates from 3% to 6% and unemployment stayed down.
00:55:39.000 Here's the thing, in that case, the Fed was ahead of inflation.
00:55:42.000 Right now, they're behind it.
00:55:45.000 So if someone says, well, what about the Alan Greenspan?
00:55:46.000 There's a name you haven't heard in a while.
00:55:49.000 There's a difference between being ahead of inflation and trying to catch up with something.
00:55:52.000 It's like, imagine, right, a car in front of you versus a car behind you.
00:55:56.000 It's just you and a car.
00:55:58.000 You have the same pieces.
00:55:59.000 You have the same elements, but a very, very different scenario.
00:56:03.000 One is something you'll never catch.
00:56:05.000 One is going to murder you.
00:56:07.000 True.
00:56:08.000 It just makes common sense.
00:56:11.000 So this is according to a Stanford economist, John Taylor.
00:56:14.000 He wrote this.
00:56:14.000 This is not the only time in history that they've been behind, but they are strikingly behind.
00:56:20.000 Now, there are a few things that are going to make this even harder and worse, because you're saying, well, maybe this will be the first time where they'll get it right.
00:56:26.000 Yeah.
00:56:26.000 Because it's not like there's a litany of confounding outside factors right now that would take this entire stew or gumbo of fuck-up-edness and make it worse.
00:56:37.000 Like Russia's invasion of the Ukraine, which reduced the oil supply worldwide, leading to higher oil prices, right?
00:56:42.000 You have a 13-year high.
00:56:45.000 Higher gas prices, more expensive shipping.
00:56:47.000 You have a second shock coming to the economy when you have all these Western refineries.
00:56:52.000 You're talking about these European nations.
00:56:54.000 They're now walking away from Russian oil.
00:56:56.000 And it's not just Russian oil.
00:56:58.000 That's compounded by the fact that we have an administration who's made it very clear that they don't want us to be energy independent because they want to move us to what?
00:57:05.000 You think he's gonna be stung?
00:57:06.000 Elon Musk owns Twitter. What are they going to do?
00:57:08.000 There's no place for them to go without being raped by their own life's previous mistakes.
00:57:14.000 And it is wonderful. It would be if it weren't negatively affecting you.
00:57:18.000 You think this guy, who right now is on CNN, former Vice President Biden,
00:57:21.000 you think he's going to be stung? You think he's going to feel it?
00:57:24.000 Send him more money to Ukraine.
00:57:27.000 Wonderful.
00:57:27.000 Great.
00:57:27.000 Great.
00:57:28.000 Perfect.
00:57:29.000 33 billion to Ukraine.
00:57:30.000 Oh, fantastic.
00:57:31.000 Well, you don't like Ukrainians?
00:57:33.000 It's not that, though most that I've met have kind of been surly.
00:57:36.000 It's that I think we have people in the United States who could probably use that money.
00:57:39.000 Or, hey, how about this?
00:57:40.000 Just let us keep it.
00:57:42.000 I hate that the argument is that Elon Musk could do how much with this many billion that he spent on Twitter.
00:57:49.000 That's your money.
00:57:52.000 You told people to buy an electric car!
00:57:56.000 Then they did.
00:57:57.000 And by the way, he made the electric car more affordable!
00:58:01.000 What, you get it for 30-something thousand dollars now?
00:58:01.000 He has the Tesla 3.
00:58:03.000 Oh yeah, they're cheap now.
00:58:04.000 Yeah, they're not that expensive.
00:58:05.000 No, for a car now, that's great.
00:58:08.000 They're all overpriced, nonsense.
00:58:10.000 It's insane, but yeah.
00:58:16.000 See, inflation makes things higher.
00:58:18.000 Yes, exactly.
00:58:19.000 That's how that works.
00:58:21.000 The only way, by the way, for the demand for oil would go down.
00:58:24.000 Is if there's a recession.
00:58:25.000 So, now we combine that with, again, are we in a better scenario than in the past where maybe this would be the exception?
00:58:30.000 Well, we have lockdowns in China.
00:58:33.000 Remember China?
00:58:34.000 Yeah.
00:58:34.000 20% of the world's 90,000 container ships are currently stuck off port.
00:58:40.000 30% of all of that is in China.
00:58:43.000 Just to be clear.
00:58:44.000 And that's the red right there?
00:58:45.000 Yeah.
00:58:46.000 Was that a graph that came up?
00:58:46.000 That's the red.
00:58:48.000 That I saw?
00:58:48.000 Yeah.
00:58:49.000 Yeah.
00:58:50.000 That's exciting.
00:58:52.000 So you have these restraints on supply chains in China.
00:58:57.000 It impacts all kinds of industries.
00:58:59.000 Electronics, home appliances, textiles, everything.
00:59:04.000 And here's the thing, when there's a low supply and you have this overheated demand, that's
00:59:08.000 again when you end up with inflation.
00:59:10.000 Also something to take into account, keep in mind, you gave people money during a pandemic, you locked it down, and you gave them money for products that didn't exist because the shelves were empty, so they're sitting there with money.
00:59:21.000 Guess what that does?
00:59:24.000 That also ends up leading to a disruption of the supply chain, to a disruption of the value of the dollar.
00:59:31.000 Anyway.
00:59:33.000 Oh, we have a clip.
00:59:33.000 Okay.
00:59:34.000 The Shanghai lockdowns right now, they're not getting any better, of course, because, uh, right now in Shanghai, you may not know this because... So there's still just people starving to death.
00:59:42.000 Well, they're literally being fenced in in Shanghai right now.
00:59:45.000 This is unbelievable.
00:59:48.000 Come out and get your test.
00:59:50.000 Yeah.
00:59:53.000 We heard the Fauci say pandemic is over.
00:59:55.000 Shut your mouth!
00:59:55.000 Saki speak otherwise!
00:59:57.000 Where is the dog with the megaphone duct taped?
01:00:04.000 This is terrifying.
01:00:06.000 And keep that in mind every time you see, I don't know, like a red dawn where we have
01:00:15.000 to remove the Chinese flags and replace them with North Korean flags, or every time John
01:00:19.000 Cena comes out and has to apologize to the government of China because they don't want
01:00:23.000 to offend them.
01:00:24.000 The people who they are appeasing are the government officials doing that to their citizens!
01:00:30.000 So don't accuse me of racism or anyone here of racism because we hate the Communist Chinese Party.
01:00:36.000 Because we hate what they're doing to those Chinese people and you're not doing shit.
01:00:41.000 You're kowtowing.
01:00:43.000 Now there are fears of lockdown spreading to where?
01:00:45.000 Beijing.
01:00:45.000 That's going to hit global markets too.
01:00:47.000 You've already seen it happen with shipping.
01:00:49.000 You've already seen, well we've already gone through that, you can hit all the rest.
01:00:51.000 Beijing is a huge market if that hits that.
01:00:53.000 Yeah, it's a huge.
01:00:53.000 Terrifying.
01:00:54.000 Yeah, John Cena's going to be out of a job.
01:00:56.000 Yeah, I mean, how many times can you pretend the countries don't exist?
01:00:59.000 I don't know, I mean, it's like, I mean, you can make it your thing, you know, like Senior Wen says, like, so right, there's no Taiwan, so right, no Taiwan!
01:01:06.000 Hey, do it like we rehearsed, these are good people.
01:01:10.000 Just showing up to make a wish.
01:01:11.000 Before I come in, do you think that this country exists?
01:01:15.000 Yes.
01:01:16.000 And none of these children are Taiwanese, correct?
01:01:17.000 Is that what you want to make sure?
01:01:19.000 No?
01:01:19.000 Oh, there's one?
01:01:20.000 He's going to need to leave before I shake hands.
01:01:22.000 Could I just pull the chemo from him, sir?
01:01:26.000 How quickly can we get him out of the way?
01:01:29.000 I accidentally flipped one of the beds.
01:01:33.000 And I'm all natural.
01:01:35.000 That's why I'm 50 and look like this.
01:01:37.000 And my forehead has grown 18 sizes.
01:01:39.000 I have to get baseball caps custom-made.
01:01:42.000 What steroids are you taking?
01:01:44.000 Frankenberries?
01:01:44.000 Yes.
01:01:46.000 So, you combine the international effects, and now let's go with the US government spending.
01:01:51.000 Again, this recession.
01:01:52.000 These factors have never added up to anything other than shit!
01:01:57.000 So the United States has borrowed, they've spent $6.4 trillion since COVID hit.
01:02:03.000 Now in 2021 dollars for context, World War II cost us $4.1 trillion.
01:02:09.000 So $6.4 trillion.
01:02:12.000 You know, just in the dollars, versus World War II, $4.1 trillion, and that actually affected the entire world.
01:02:18.000 Yes.
01:02:19.000 Yeah.
01:02:19.000 I mean, we dropped the bomb!
01:02:22.000 We beat Hitler.
01:02:23.000 Yeah.
01:02:24.000 Yeah.
01:02:24.000 And finally those Japs had to pay, right?
01:02:29.000 We're a useless society.
01:02:31.000 I mean the world, not just America.
01:02:35.000 Let's say you really do.
01:02:36.000 You think COVID is this pandemic and you hate it.
01:02:38.000 Look, do you really think that this government actually believes, when you look at what we know about COVID, that it was more harmful to humanity at large?
01:02:47.000 Then Hitler and the Axis of Evil?
01:02:50.000 That's a pretty tough argument to make!
01:02:52.000 Comment below if you want to make it!
01:02:54.000 Change my mind!
01:02:55.000 Well, they're using the same disease tactics, depending on what part of the world you're in.
01:02:58.000 Yeah, I guess.
01:02:59.000 I have no idea.
01:03:01.000 I don't know what diseases they had, but...
01:03:03.000 Hitler, you are such a disease.
01:03:04.000 Well, Hitler lied about them having diseases.
01:03:06.000 That's true.
01:03:07.000 Kind of like the Chinese government is lying about stuff.
01:03:11.000 No, let's not.
01:03:12.000 No, we love China.
01:03:13.000 No, China's the best.
01:03:14.000 Taiwan's not a thing.
01:03:15.000 So, here we also go back to what happened during we shut down the country, you had the government stimulus, right?
01:03:19.000 They also played a huge part in ruining the job market, okay?
01:03:23.000 Gave people money to not work.
01:03:24.000 So, what happened?
01:03:25.000 Still are.
01:03:26.000 Right.
01:03:26.000 They still are, yeah, in some cases they still are.
01:03:28.000 So in February there were 11 point something million job openings.
01:03:31.000 What do we have?
01:03:32.000 11.3.
01:03:32.000 Okay.
01:03:33.000 That's four million more job openings than pre-pandemic.
01:03:36.000 So will they try and tell you we're bouncing back?
01:03:38.000 We're not.
01:03:38.000 That's what we would call, in this industry, it's, you know, entertainment industry nomenclature, a lie.
01:03:45.000 So there's 4 million more available jobs than pre-pandemic.
01:03:48.000 So what happens?
01:03:49.000 Look, this is very simple.
01:03:50.000 You can either just believe Joe Biden who says, hey, businesses, lower your costs, or understand that companies that need workers have to increase wages.
01:03:59.000 Remember when they used to fight for 15?
01:04:00.000 Remember when that was a thing?
01:04:01.000 Now they're fighting for 25?
01:04:02.000 Because 15 is a starting job.
01:04:06.000 Fifteen's a starting job right up the street at Dunkin' Donuts.
01:04:09.000 You become a shift manager within like three weeks, and you make $17.50 an hour.
01:04:14.000 Now they're saying that's not enough.
01:04:15.000 Well, you know what?
01:04:15.000 Here's the thing.
01:04:16.000 For once, the unions are accidentally correct because of the inflation due to the politicians who you give 99% of your dues to elect.
01:04:26.000 So, companies need more workers.
01:04:27.000 What happens?
01:04:28.000 They have to increase wages.
01:04:29.000 And what happens?
01:04:30.000 The prices go up!
01:04:32.000 In March, the United States participation rate for the labor force was 64.2%.
01:04:35.000 That's lower than pre-pandemic!
01:04:41.000 We have more job openings than pre-pandemic.
01:04:43.000 And we have fewer people even trying to participate in the job market than pre-pandemic.
01:04:49.000 We have crazy inflation that we did not have pre-pandemic.
01:04:53.000 We have crazy gas prices that we did not have pre-pandemic.
01:04:57.000 Now, what happens?
01:04:58.000 Biden says that he wants to forgive.
01:04:59.000 What solution?
01:05:00.000 More than 1.5 trillion in student loans.
01:05:04.000 So, that sounds nice because people go, that means I have to pay less.
01:05:08.000 I like paying less for things.
01:05:10.000 Vote.
01:05:11.000 Here's the problem.
01:05:11.000 Where do we get it?
01:05:12.000 Borrow more money.
01:05:14.000 Or print more money.
01:05:16.000 I don't know if you know this.
01:05:17.000 If you have ten of something as opposed to one, ten makes it less valuable.
01:05:21.000 Just think of baseball cards or superhero cards when you were a kid.
01:05:24.000 It's never happened that the Fed prints more money without inflation following.
01:05:30.000 And by the way... It would be impossible.
01:05:32.000 It'd be impossible.
01:05:33.000 Absolutely impossible.
01:05:33.000 Unless you just lower your cost.
01:05:36.000 It's lowering your cost.
01:05:36.000 Well, sure.
01:05:38.000 Stop your complaining.
01:05:40.000 Well, if you make two of something and you have it, you've lowered the value of one.
01:05:43.000 Yeah, I know that when I, you know, when I cook a whole tray of the Nestle Toll House cookies, I should appreciate, I should savor each bite, but at that point I don't because I know I have another one.
01:05:52.000 Oh, you've thrown out some of them?
01:05:54.000 Yeah, some of them go bad.
01:05:54.000 Yeah.
01:05:55.000 You don't even care at some point.
01:05:57.000 I just rub them all over myself?
01:05:58.000 It's nonsense.
01:06:00.000 You've seen Scrooge McDuck with all the money?
01:06:02.000 He swims in it!
01:06:03.000 Yes, you do it with cookies.
01:06:04.000 I've been to your cookie vault.
01:06:06.000 Why?
01:06:07.000 Because I can!
01:06:08.000 I've broken into your cookie vault.
01:06:09.000 Yeah, I know.
01:06:11.000 I just see a Dave-shaped hole.
01:06:13.000 Yeah, you'd be surprised.
01:06:14.000 Landing on cookies?
01:06:16.000 It is softer than coins, but still immensely painful.
01:06:19.000 It's a soft landing.
01:06:20.000 It's a very soft landing.
01:06:20.000 It is.
01:06:22.000 It's a pie in the sky.
01:06:23.000 There's chocolate chipflation.
01:06:24.000 It's a cookie in the sky landing.
01:06:25.000 Yes, very messy.
01:06:27.000 What a delicious mess.
01:06:29.000 Here's the thing, it's not just right-wing economists who are concerned about this coming and this is why you don't really see it.
01:06:34.000 This is why they want to talk about Ukraine.
01:06:36.000 This is why they don't want to talk about COVID.
01:06:38.000 They don't really want to talk about Twitter.
01:06:39.000 They want to operate behind the scenes in the darkness, right?
01:06:42.000 So they don't really want to talk about the economy because even their own people acknowledge what I've just told you.
01:06:47.000 Here's former Clinton Treasury Secretary Larry Summers sounding the alarm.
01:06:51.000 Larry, there was a Bank of America survey of fund managers out this week, and the big headline was concerns about stagflation.
01:06:59.000 It's higher than it's been since certainly 2008 or so.
01:07:02.000 How concerned should we be about stagflation?
01:07:05.000 You mispronounced ever.
01:07:05.000 I think it's the most likely place we're going to be.
01:07:09.000 If stagflation means rising unemployment and still high inflation, I think that's the preponderant probability as to what we're going to get over the next couple of years.
01:07:24.000 As I've said before on your show, David, the painful fact that needs to inform our view is that we've never had a moment when unemployment was below four, inflation was above four, and we avoided recession for the subsequent two years.
01:07:44.000 No one's saying that.
01:07:44.000 No one's saying it's not for you.
01:07:47.000 inflation is well above 4. Lots of people say look the job market is so strong why
01:07:54.000 would anyone think we're gonna have a recession. No one's saying that. What the data shows is that the lower
01:07:59.000 unemployment is the more likely it is that it's going to turn down in
01:08:05.000 subsequent months. All right look.
01:08:09.000 But that guy just said it's bullshit.
01:08:12.000 Let me give you a wrap up, okay?
01:08:13.000 Just so we can... Let's go through the sequence of events.
01:08:15.000 Alright.
01:08:16.000 Shut down the economy.
01:08:17.000 Destroy the world.
01:08:18.000 Spend more money than we actually spent during World War II.
01:08:21.000 Yeah.
01:08:21.000 Okay.
01:08:22.000 Do that.
01:08:22.000 Then we punish businesses.
01:08:24.000 We force them to stay closed.
01:08:25.000 We give people money to stay home.
01:08:27.000 Then we make sure that we are no longer energy independent, or we ensure that we won't be energy independent in the future.
01:08:32.000 And then we have extraneous factors here, like China, we have Russia, we have Ukraine, which skyrockets the prices of oil, right?
01:08:40.000 So gas, energy, and instead the solution that we see coming from this administration is, hey, just reduce your costs of goods.
01:08:45.000 So what happens?
01:08:46.000 People are paid to stay home and not work.
01:08:48.000 Businesses, now that have, if they're lucky enough to still be open, Have to pay more for the same product and pass that cost on to consumers.
01:08:56.000 Again, more inflation.
01:08:57.000 Then we borrow more money than ever in the history of the United States and print more money than ever in the history of the United States, which we know leads to more inflation.
01:09:03.000 And now in this case, what we just want to do to solve it is spend more money and raise interest rates, which again have caused more inflation.
01:09:12.000 But the good news is they're spending more time on ensuring that your six-year-old can transition from Chet to Sparkle.
01:09:20.000 So they have their priorities straight.
01:09:22.000 They're also making sure that misinformation online isn't getting out there.
01:09:27.000 They're making sure that they communicate with the folks at Spotify and Apple and Amazon to ensure that Elon Musk, the guy whose cars they just told you to buy due to their skyrocketing energy prices and the all-time high gas prices, by the way, to make sure that their guys now hurt their competition and Elon Musk on Twitter because, God forbid, you actually have access to free information.
01:09:44.000 Look, let me ask you this.
01:09:45.000 You see all these things happening.
01:09:47.000 Look at each individual step.
01:09:49.000 All references available at LottoSky.com.
01:09:53.000 How are any of them justified as doing it for you?
01:09:58.000 The only one that someone can make an argument is the $1.5 trillion in student loan forgiveness if you're a selfish prick.
01:10:02.000 But outside of that, it's pretty hard to even argue that these were done to help you, the working American, or the small business owner.
01:10:09.000 Never!
01:10:10.000 It's been designed to help them, and you are dealing with the consequences.
01:10:13.000 We have never had a similar scenario.
01:10:15.000 I'm leaving you with this.
01:10:16.000 We have never had a similar scenario, taken these same steps, and ended up with anything other than the American taxpayer, and that's all American taxpayers, Not just the poor, not just the middle class, not just the rich.
01:10:28.000 All American taxpayers being screwed.
01:10:30.000 Period.
01:10:31.000 An exception?
01:10:32.000 No.
01:10:32.000 No exceptions.
01:10:33.000 We're going to take some chat and there's also an inter-office fight here over a wheelchair which is going to get heated and we can't talk about on YouTube.
01:10:41.000 So YouTube, we're going to Mug Club.