Timcast IRL - Tim Pool - March 13, 2023


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


Episode Stats

Length

2 hours and 3 minutes

Words per Minute

200.98373

Word Count

24,721

Sentence Count

1,928

Misogynist Sentences

12

Hate Speech Sentences

24


Summary

In this episode of the TimCast, we're joined by Drew Miller of Fortitude Ridge Ranch and Ian Crosland of the Anti-Communist and Counter-revolutionary movement. We discuss the recent financial collapse, the H5N1 bird flu outbreak, and the growing possibility that the apocalypse is coming sooner than we think.


Transcript

00:00:00.000 Peace.
00:00:16.000 Maybe it's not.
00:00:17.000 I don't know.
00:00:17.000 Over the past weekend, we saw two of the biggest banking collapses in U.S.
00:00:22.000 history with Silicon Valley Bank and Signature Bank.
00:00:25.000 That is the second largest collapse in history, followed only a few days later by the third largest collapse in U.S.
00:00:30.000 history.
00:00:31.000 One hundred billion dollars from these banks' market caps have been wiped out.
00:00:36.000 We saw a massive wave of trading halts in the stock market.
00:00:40.000 And it's not too confidence-building.
00:00:43.000 Especially when Joe Biden, for once, wakes up at 9 a.m.
00:00:46.000 to talk to the American people about just what's going on, saying, don't worry, everything's under control.
00:00:53.000 Of course, now, most people don't think anything is under control, and it's actually causing a lot of fear, so we'll talk about that.
00:00:58.000 Plus, we got a bunch of other stories, too.
00:00:59.000 We made a bit of news on Friday, I guess, because Steve Bannon criticized Elon Musk, and then every outlet in the world decided to write it up.
00:01:06.000 And then Matt Gaetz took a clip of it, and then Elon Musk himself essentially just called
00:01:11.000 Steve Bannon not smart and evil.
00:01:13.000 We'll talk about that.
00:01:14.000 Plus a whole bunch of other weird things like, I don't know, some giant rock in space is
00:01:17.000 going to fly past the Earth, so the apocalypse may be coming sooner than we think.
00:01:21.000 And then you've got H5N1 fears, because apparently bird flu has been wiping out chickens, and
00:01:27.000 there's concern over whether or not it's now transferring to mammals, which it is.
00:01:31.000 And this has a 60% mortality rate.
00:01:33.000 But with all the news about the apocalypse, we got a lot to talk about.
00:01:37.000 But before we get started, my friends, head over to TimCast.com.
00:01:41.000 Click that Join Us button and become a member to support our work directly, and you will
00:01:45.000 get access to exclusive segments from the TimCast IRL podcast live from.
00:01:51.000 At about 10, 10 p.m.
00:01:52.000 when we wrap up the live show, we then record live.
00:01:55.000 An uncensored, members-only show.
00:01:57.000 Now, if you don't want to watch it live, you don't have to.
00:01:59.000 You can come and watch it any time you want.
00:02:01.000 It will be archived on the website in a huge library of content.
00:02:04.000 And with the way things are going, we could really use your support as members.
00:02:08.000 So, if anything, if you just like watching this show and like what we do, become a member because it is quite literally how we do it.
00:02:15.000 And if people don't become members, then eventually we don't do it.
00:02:17.000 So, if you want us to keep doing it, Become a member, support our work, and support our cultural endeavors.
00:02:23.000 Don't forget to also smash that like button, subscribe to this channel, share the show with your friends, and in light of the fact that we are talking about all of these different apocalyptic scenarios, we are being joined by Drew Miller of Fortitude Ridge.
00:02:35.000 Thanks, Tim.
00:02:36.000 It's great to be on the show.
00:02:37.000 You want to pull up that microphone?
00:02:38.000 Sure.
00:02:39.000 And who are you, and what is Fortitude Ranch?
00:02:41.000 I'm CEO of Fortitude Ranch, a recreational and survival community, and whether it's a banking collapse, a civil war, an asteroid hitting the earth and causing crop failures over the next several years, or what I'm really worried about, an H5N1, a human-transmissible form of bird flu, our members, including yourself, will be able to survive it by coming to one of our facilities in rural areas and riding out the collapse.
00:03:06.000 And aside from that, if you're not a prepper, it's just a fun place to hang out.
00:03:09.000 Yep, we're a recreational facility, too.
00:03:11.000 That's right.
00:03:12.000 Chickens.
00:03:12.000 Enjoy the good times, prepare for the worst.
00:03:14.000 Shooting range.
00:03:14.000 It's good stuff.
00:03:15.000 Well, we got a lot to talk about, too, especially with your experience with all of this stuff, so this should get interesting.
00:03:20.000 Thanks for hanging out.
00:03:20.000 Thank you.
00:03:21.000 We also got Phil Labonte chillin'.
00:03:22.000 Hello, I am Phil Labonte, anti-communist and counter-revolutionary.
00:03:26.000 Oh, and I'm Ian Crosland, probably the opposite of that.
00:03:29.000 No, no, I'm not.
00:03:29.000 I'm just kidding.
00:03:31.000 I'm not a communist.
00:03:32.000 Phil and I drove to Congress the other night, there and back, and we had some deep conversations about philosophy and spirituality.
00:03:39.000 I think Phil and I are like two heads of a coin, whereas he's the philosopher, I'm the spiritualist.
00:03:44.000 But it was a pretty fun conversation trying to identify God through math.
00:03:49.000 I thoroughly enjoyed hanging out with you, Ian.
00:03:51.000 It was a good time.
00:03:52.000 What's up, Drew?
00:03:53.000 I see you got cards you're going to be showing us.
00:03:56.000 Yeah.
00:03:56.000 I think those will come up later on the show.
00:03:57.000 Slides.
00:03:58.000 Slides.
00:03:58.000 All right.
00:03:59.000 Well, let's move this along.
00:04:00.000 Serge?
00:04:01.000 Yo, what's up?
00:04:03.000 Hopefully the audio works this time, huh, guys?
00:04:05.000 Well, in studio seems to be fine.
00:04:08.000 You want to pop the window open and then we'll jump into this first story.
00:04:11.000 All right, ladies and gentlemen, we got this story from TimCast.com.
00:04:14.000 President Joe Biden tells Americans to have confidence in banking system as additional banks fail.
00:04:22.000 Silicon Valley banks and signature banks were both taken over by the federal government amid collapsing share prices.
00:04:28.000 I also want to point out that for some of the images we use on TimCast.com, they're AI-generated.
00:04:33.000 Just look at how horrifying.
00:04:34.000 This is like, this picture of Bank Run has these people screaming, but it's like the Junji Ito of Bank Run AI-generated images.
00:04:43.000 It looks like these people are being hunted down by some demon that's stealing their soul as the banks collapse.
00:04:49.000 But anyway, I thought that was funny.
00:04:51.000 The federal government took control of Silicon Valley banks, a top bank in the tech sector, on March 10th, after its share price rapidly plummeted.
00:04:58.000 New York regulators announced on March 12th that they have taken control of Signature Bank, known for real estate lending and serving clients tied to the cryptocurrency industry.
00:05:08.000 Quote.
00:05:09.000 The bottom line is this.
00:05:11.000 Americans can rest assured that our banking system is safe.
00:05:14.000 Your deposits are safe.
00:05:15.000 Biden said during a press conference at the White House on March 13th.
00:05:18.000 Let me also assure you we will not stop at this.
00:05:20.000 We'll do whatever is needed.
00:05:22.000 Oh boy.
00:05:23.000 I love how when Palestine has this massive chemical spill, he didn't even show up.
00:05:29.000 He didn't even mention it.
00:05:30.000 Okay, he mentioned it.
00:05:31.000 Don't get me wrong.
00:05:32.000 But there's no bailouts, they don't care about the people who live there.
00:05:35.000 But when millionaires and billionaires in Silicon Valley have their woke tech sector threatened, he comes out on TV and says, at 9 in the morning of all times, Joe Biden waking up at 9am saying, we're gonna take care of this, nothing to worry about.
00:05:48.000 Here's what I think.
00:05:50.000 I hate...
00:05:51.000 I hate to go on a show with as many viewers as this and be like, the end is nigh, or something like that, but Joe Biden has to come out and say this.
00:06:01.000 He has to.
00:06:02.000 Because if he doesn't, there's a run on the banks.
00:06:05.000 And if people go on TV and say anything other than, everything is a-okay, then there's a run on the banks.
00:06:10.000 So that's the default position of every personality in media, whether it's true or not, I don't know, is to come out and pretend like everything's gonna be fine.
00:06:18.000 It doesn't make any sense because your banks insure for $250,000 per account.
00:06:23.000 So 99% of Americans' banks can fail.
00:06:27.000 FDIC, they're insured.
00:06:28.000 You have nothing to lose.
00:06:30.000 So it's amazing to me that Biden is panicking and doing this stuff for the ultra-rich.
00:06:34.000 You have more than $250,000.
00:06:36.000 So for Silicon Valley Bank, he's just helping out big tech companies and rich investors in big tech companies because normal people Who had deposits at Silicon Valley Bank have nothing to worry about.
00:06:49.000 Most people don't have $250,000 sitting in a checking or a bank account.
00:06:53.000 They had nothing to lose.
00:06:54.000 Yep.
00:06:55.000 And so what they're going to be doing is, apparently, the FDIC will cover deposits above $250,000.
00:07:01.000 And apparently, I guess, BuzzFeed had all their money in Silicon Valley Bank.
00:07:06.000 Well, now I'm really encouraging no bailouts.
00:07:11.000 It doesn't benefit us.
00:07:12.000 It hurts the normal people because that means federal government's bailing it out.
00:07:15.000 That means more debt.
00:07:17.000 That means more inflation that everyone, including poor people, will pay.
00:07:21.000 And this is just a move to help rich people who have more than $250,000 in big companies and banks.
00:07:27.000 It makes no sense to be doing this.
00:07:29.000 Well, I was listening to a Space today.
00:07:32.000 Most of the day I was listening to Spaces and just trying to wrap my head around what's going on.
00:07:36.000 And from what I can gather is the biggest worry is contagion to other banks.
00:07:41.000 So we've got two of the biggest bank failures in American history happening over the course of the past weekend.
00:07:49.000 I am of the opinion that if the government's going to bail everyone out, or bail the banks out, because the government has basically taken responsibility for any failures in the banking industry.
00:08:09.000 They've bailed out Everybody, every time that there's been any kind of... The rich elites.
00:08:18.000 Big banks.
00:08:20.000 I mean, to be fair, they printed a lot of money, and whenever the government prints money and it goes to the people, it ends up with the big banks and the big corporations anyways, because everyone gets that money and they spend it.
00:08:34.000 It's not like people go and they sit on it when they get, if you get 500 bucks from the government, if the government, when the government, you know, was passing out cash, people didn't sit on that and it wasn't enough money to change anyone's life or that they're gonna invest with it anyways.
00:08:49.000 So that money just ends up in the big corporations' hands anyways, because people spend it.
00:08:53.000 So they're just gonna continue to print money, because that's what they have to do.
00:08:58.000 So when they get together again, when the Fed gets together again, instead of doing 50 basis points, it's likely they're gonna do 25, it's possible they're gonna do zero, and then they'll see what happens.
00:09:09.000 I don't know what's gonna happen between now and then, obviously, but they're gonna take the break off the raising of rates, because they can't have the rate, I can't keep, Keep raising interest rates the way that they are with this kind of monetary situation in the US.
00:09:27.000 Or they want to provoke loans to the banks, basically.
00:09:30.000 So Bannon asked me on Friday, Steve Bannon, why it's a Ponzi scheme, this economic system that we're in, and I gave him like a half answer.
00:09:37.000 I said that it's because we're borrowing money from our banks, our institutions, our government is borrowing money from the Federal Reserve and then promising to pay them back with interest.
00:09:44.000 The only way to get that interest is to borrow more money from them at interest to pay back the interest, which now we owe interest on the new borrow, so we have to borrow more to pay back the interest on the interest.
00:09:54.000 And the real Ponzi is when what happens is that money goes to the banks, then the banks loan out to the common American for mortgages, and then they have to pay the interest.
00:10:04.000 They push the interest down to the small guy.
00:10:06.000 Sort of.
00:10:07.000 And so all this whole system is banked off these 40-year interest payments by American people, constantly paying more than they borrowed to fund this Federal Reserve usury.
00:10:16.000 Well, I mean, it's sort of to fund that, but remember, when you are getting a mortgage, you're getting a house, too.
00:10:24.000 You pay the debt.
00:10:26.000 It's technically owned by the bank until you pay them back.
00:10:28.000 Well, yeah, but you get to live in the house.
00:10:31.000 It's not a one-sided operation, is what I'm saying.
00:10:34.000 I understand what you're saying, that it's frustrating that you have to pay more than what you're borrowing, but that's why the banks are in business.
00:10:42.000 So that way, they'll lend you the money, you pay them more than they actually lended you.
00:10:46.000 That's the business model.
00:10:48.000 Let's talk about it seriously.
00:10:51.000 A lot of people, they don't like international war and things like that.
00:10:54.000 A lot of people, they don't like the petrodollar, they don't like imperialism, they don't like big bank bailouts.
00:11:01.000 But I believe, for the most part, not completely, but for the most part, these are the evil things that these evil people do that does have a positive effect for a lot of people in this country.
00:11:10.000 That is, when the U.S.
00:11:11.000 military is setting up military bases in foreign countries and pointing guns at people and saying, use the U.S.
00:11:15.000 dollar or else, it creates demand for our currency and then we don't have to do as much work.
00:11:19.000 And if the petrodollar collapses, then we're going to have to go back to chopping wood and raising chickens on our own and actually producing things in our country, something most Americans aren't prepared for and don't want to do.
00:11:30.000 Most Americans that are young now, they're just demanding free stuff.
00:11:35.000 Ken Klippenstein today was tweeting about forgiving student loans.
00:11:41.000 Like today?
00:11:43.000 Because they're talking about bailing out banks?
00:11:45.000 The banks that, if you bail out a bank, you're bailing out a bank because people had money that they put into the bank.
00:11:52.000 So that's completely and totally isolated from, like, The situation with student loans where people didn't have money, they borrowed money, they got an education, ostensibly, and then they're asking to be forgiven for that borrowing money?
00:12:07.000 Well you're the one, you're getting the forgiveness for the education, or for the borrowing money, and you get to walk away with the education!
00:12:14.000 You're getting free shit!
00:12:15.000 It's the excessive compounding interest that is the problem.
00:12:15.000 It's the interest.
00:12:18.000 They used to call it usury.
00:12:19.000 That's fine, but that's not the same thing as forgiving the loan in totality.
00:12:22.000 Correct.
00:12:23.000 That's different.
00:12:23.000 Yeah.
00:12:24.000 I don't ever, I'll hardly ever advocate for just deleting people's loans.
00:12:27.000 I think that's kind of dumb.
00:12:28.000 But like, the idea, the profiting mechanism of loaning money, I get it.
00:12:32.000 It was a risk.
00:12:33.000 If I loan you a hundred bucks, there's a risk you'll never show up again.
00:12:36.000 So I've got to at least like, give me a hundred and ten back.
00:12:39.000 That way if I loan out ten times and one of those guys walks away, at least I made my money back.
00:12:43.000 But it's excessive.
00:12:45.000 Compounding interest, debt upon debt, is like...
00:12:49.000 It's almost incalculable by the common American mind.
00:12:51.000 It is.
00:12:52.000 The issue here is how our whole economy is one big Ponzi scheme from the get-go that is unsustainable.
00:12:59.000 And going back to 2008, we can clearly see there's holes in the system.
00:13:02.000 They put a Band-Aid over those holes, but the water is spraying through.
00:13:05.000 The ship is sinking.
00:13:06.000 And now we're seeing... It's like that cartoon where the holes are popping up in the hole and the cartoon character is putting his fingers and then his toes and his eye or whatever.
00:13:14.000 You're not gonna stop it.
00:13:15.000 But here's what I want to say.
00:13:17.000 Bailouts?
00:13:18.000 Okay.
00:13:19.000 If you want to sit in your lounge chair and watch sports and order nachos and drink beer and not have to worry about anything, you want the bailouts.
00:13:25.000 You want it all.
00:13:26.000 If you are an entitled Gen Z or Millennial who wants to go to college for gender studies, you want the bailouts.
00:13:34.000 And this is why you are seeing the default liberal and leftist be like, we need to make sure we take care of this.
00:13:39.000 Because then they prop up the system that allows them to do nothing.
00:13:43.000 Me, I kind of think we need to go back to a A little bit of hard work.
00:13:47.000 I'm not saying everybody should go work on ranches where they tend to chickens and goats and stuff like that, but maybe just a little bit.
00:13:53.000 Because right now we got a bunch of, like that viral video of the Gen Z-er being like, why do I have to work to live?
00:13:59.000 That is burned into my brain.
00:14:02.000 Make them work!
00:14:03.000 Just let the banks fail.
00:14:05.000 Then they can go be like, I'm hungry.
00:14:07.000 Be like, well, start picking food yourself.
00:14:09.000 Grow your own food and chickens or whatever.
00:14:13.000 Biden says that none of these losses will be borne by the taxpayer from this bailout.
00:14:18.000 He tweeted that seven hours ago for the record.
00:14:20.000 He said we'll pay for it from the fees the banks pay into the deposit insurance fund.
00:14:24.000 Now I understand wanting to bail out $250,000 of uninsured.
00:14:28.000 A lot of the, 95% of the accounts in this Silicon Valley bank thing were not insured.
00:14:34.000 So all those $250,000 accounts are gone, but they're decided to bail them out.
00:14:38.000 I understand bailing out the small investor or companies up to $250,000.
00:14:40.000 I don't think that's correct.
00:14:42.000 Again, if you had less than $250,000 in that bank or any bank, you have no risk.
00:14:48.000 If you're FDIC insured.
00:14:50.000 They all are.
00:14:52.000 The only ones who are getting bailed out are the ones who are beyond $250,000.
00:14:56.000 So there were big tech companies that this bank invested in.
00:15:00.000 And people invested money in these companies and this bank did too.
00:15:03.000 So we're bailing out a bank because their huge big payoffs didn't work for them and they failed.
00:15:09.000 And it's back just like we did in 2008.
00:15:11.000 We invested in tons of taxpayer money to bail out Wall Street firms Who had huge investments in derivatives, making billions of dollars of profits for the people working in those Wall Street banks of zero value to American citizens.
00:15:27.000 But, you know, Goldman Sachs, the treasurer, the Secretary of Treasury at that time, was a former Goldman Sachs CEO.
00:15:35.000 And Federal Reserve people, Goldman Sachs and other Wall Street firms, and the government and the Federal Reserve, full of people from Wall Street, bailed out Wall Street at the expense of the rest of the citizens.
00:15:47.000 You know, the too-big-to-fail argument.
00:15:50.000 And that's what's going on here the same way.
00:15:52.000 In this case, you're bailing out banks that did bad investments in tech companies, and tech companies that make big donations to people from both political parties.
00:16:00.000 That's who's getting bailed out. This is not to help low-income people with $250,000 bank money
00:16:08.000 in there. This is just people at the bank making big investments that are getting bailed out from
00:16:12.000 this, not normal citizens. Let's talk about bad investments.
00:16:16.000 BuzzFeed says most of cash and cash equivalents held at SVB. This is from Yahoo Finance.
00:16:25.000 BuzzFeed Inc., Reuters actually, said on Monday that most of its cash and equivalents were held at Silicon Valley Bank, which was shut down.
00:16:31.000 Startup focus under SVB last week failed.
00:16:34.000 Shares in BuzzFeed were down 8.6% at $1.17 in extended trading Monday.
00:16:40.000 Wow, that's really bad!
00:16:41.000 Silver linings.
00:16:42.000 It's like, well, I mean, like, it's down 8%, which is really bad, but they're only at $1.17 per share anyway, which is just really bad.
00:16:49.000 The company, which has been grappling with a tough advertising market amid concerns over a slowing economy, also reported a 27% decline in ad revenue to $50 million in the quarter ending December 31st.
00:17:01.000 It expects first quarter overall revenue to range from $61 million to $67 million.
00:17:06.000 They reported a revenue of $91.6 million for the same period that last year.
00:17:10.000 Let SVB fill.
00:17:12.000 Because, you know, I'm not trying to be a dick, but that BuzzFeed goes with it.
00:17:16.000 But I guess what some people in the super chat are saying is that even with FDIC insurance, it's going to take months before depositors can start getting access to their funding.
00:17:25.000 So that means even one of the craziest stories I saw, because someone mentioned this last week, Etsy sellers didn't get paid.
00:17:32.000 Now my understanding is if you're a seller on Etsy, you, like, I make, you know, a doily or something, and then someone buys it, and they use this marketplace, and then I send it out.
00:17:45.000 But the fact is, the people bought a product, Etsy held the money, and the Etsy sellers didn't get paid.
00:17:50.000 That's crazy.
00:17:50.000 That's what happens.
00:17:52.000 And then what may happen is even with the National Deposit Bank from the FDIC for these companies, BuzzFeed's funds might be jammed up and their employees might not get paid.
00:18:01.000 This is going literally to have a ripple effect.
00:18:05.000 Now I also want to address this thing real quick too.
00:18:08.000 BuzzFeed saying that their revenues are dropping due to a tough advertising market.
00:18:14.000 I can confirm that is a fact, because I've talked about it here.
00:18:18.000 So, take this into consideration.
00:18:21.000 With the banking industry getting hit this bad, I can also tell you, like, our revenue is down.
00:18:27.000 Not to the point where I'm crying about it or anything, because we do well enough, but that's why I'm like, hey everybody, become a member!
00:18:32.000 So that we can continue paying our staff and continue funding these projects and everything like that.
00:18:37.000 Uh, because the market seems like it's headed towards a very, very serious downturn.
00:18:41.000 This is interesting because BuzzFeed's reporting their ad revenue is down, is projected to be $61 to $67 million, down from $91.
00:18:47.000 That's basically what I was saying, like 40, 30, 30 to 40 percent drop-off.
00:18:53.000 But that, right now, should be increasing, not decreasing, which suggests this year is gonna get really, really bad for media.
00:19:01.000 And when media gets hit, it's because the base of the economy, the grassroots, already got hit.
00:19:08.000 So, what this is?
00:19:09.000 We're effectively a canary in a coal mine.
00:19:11.000 When small mom-and-pop shops stop their $100 budget per month for their little grocery store or diner, And then we, it all of like, let's say there's a hundred thousand small businesses across the country, just hypothetically, that are buying a small amount of advertising.
00:19:28.000 It all trickles up into a handful of small media personalities who then all yell, our revenue dropped dramatically.
00:19:35.000 Basically telling you that at the individual granular level, revenues are dropping and spending is dropping, which means The next step is going to be serious economic downturn.
00:19:45.000 With the banks collapsing, with BuzzFeed even complaining about it, not that I care if BuzzFeed collapses to be completely honest, it would suck if people lost their jobs, but I don't know if these are jobs worth saving.
00:19:54.000 That being said, it will have a contagious ripple effect.
00:19:57.000 So the question is, how do you feel about the current state of things?
00:20:01.000 Because I gotta be honest, I have absolutely, maybe, maybe, I don't want to pull a Bill Maher here, but I personally have no problem myself with having to go and chop wood and then forage for food.
00:20:14.000 Literally, we ate chives fresh off the ground.
00:20:16.000 We go out in the backyard, we grab chives out of the ground and eat them.
00:20:19.000 They're delicious.
00:20:20.000 We have chickens.
00:20:21.000 I'd have absolutely no problem going to a place like Fortitude Ranch, rolling up my sleeves and taking care of animals.
00:20:26.000 That being said, I don't know if y'all do.
00:20:28.000 And then people have kids and people have medical conditions.
00:20:31.000 People with diabetes especially need access to these things.
00:20:34.000 If you like the level of comfort we have, you probably want the government to bail out all these people.
00:20:39.000 Everyone that, just like you said, everyone that enjoys a modern lifestyle, at the end of the day, you do want the banks to be bailed out.
00:20:51.000 As much as everyone's going to say they don't, you have to be prepared for I am so down.
00:21:03.000 I mean, fair enough.
00:21:04.000 I mean, but it's like, if you don't know how to do things, and you don't have a place to go, and you don't have some savings, and some food, and some stuff handled, Things are gonna be really horrible for you.
00:21:19.000 Like, I mean, the estimates that you hear, after the first year, it's something like 10%.
00:21:25.000 If the US, like the dollar, collapsed.
00:21:28.000 Something like 10% of the population will make it.
00:21:32.000 Or something ridiculously small.
00:21:35.000 It's not something that anyone should be hoping for unless they've already been planned for forever.
00:21:40.000 Let me read the super chat.
00:21:41.000 I want to read the super chat real quick.
00:21:42.000 Olivia Claire says, I'm an Etsy seller.
00:21:43.000 I should be getting paid today for last week's sales.
00:21:46.000 It said it won't transfer until tomorrow.
00:21:48.000 I rely on Etsy as my main income at the moment.
00:21:50.000 Really scary time as a seller.
00:21:52.000 And sellers shouldn't have their money being withheld.
00:21:55.000 I mean, you're the person selling.
00:21:56.000 But SVB's money's jammed up, so let's see if they move in quick enough.
00:22:00.000 And if they don't, The crazy thing is if the individual can't get their money, let's say it takes three months, that means they're not buying cheeseburgers, that means local mom and pop shop diner, they're not selling cheeseburgers, they ain't buying ads.
00:22:11.000 They're not paying their employees, their employees ain't buying cheeseburgers, and it cycles through, it ripples through.
00:22:16.000 Yeah, but you just can't have this continue.
00:22:18.000 You can't keep bailing out firms and they make bad investments in derivatives and spend billions and waste it and then we bail them out and now SVP has made bad tech investments, they've lost money, now we're bailing out.
00:22:29.000 You can't do that forever.
00:22:31.000 Ultimately people have to pay for that and the debt keeps going up, inflation's going up, and you reach a point where you can't do it.
00:22:37.000 And you just encourage more of this bad investment when you bail people out.
00:22:43.000 It's called the moral hazard problem.
00:22:44.000 It's exactly what we're doing when we keep bailing out.
00:22:47.000 And again, we're not bailing out, you know, small account people.
00:22:50.000 They will be protected.
00:22:51.000 They will be repaid.
00:22:53.000 We're bailing out big tech companies with SVP, just like we bailed out big Wall Street firms before.
00:22:59.000 It's worse than that.
00:23:00.000 It's bailing out wokeness specifically.
00:23:03.000 Here's my belief.
00:23:05.000 If you take a look at Silicon Valley Bank's mission statement stuff, boy, did they invest a lot in diversity, equity, occlusion, and access, they call it.
00:23:15.000 D-E-I-A.
00:23:16.000 They put an extra A at the end of there.
00:23:19.000 And apparently their chief risk officer was laid off and they didn't refill the position, but they did hire an LGBTQ advocate for seminars.
00:23:27.000 And so everyone's like, what was your priority?
00:23:31.000 Why would that be a surprise to anybody that a Silicon Valley bank prioritized their religion over the function of their business?
00:23:39.000 It's what they do, right?
00:23:40.000 So here's what I think.
00:23:42.000 I'm willing to bet that SVB started investing in companies based on wokeness and not merit.
00:23:47.000 So they would go to a company and be like, okay, so you're a tech company, what do you
00:23:51.000 do?
00:23:52.000 We have an app.
00:23:53.000 What does your app do?
00:23:54.000 It's a texting app.
00:23:55.000 How will it make money?
00:23:56.000 We have a really diverse team of people who work here.
00:23:58.000 Really?
00:23:59.000 How much money do you need?
00:24:00.000 Five, 50 million?
00:24:04.000 Fifty million?
00:24:06.000 And you said you preach diversity.
00:24:07.000 That's right.
00:24:08.000 Great!
00:24:09.000 Here's the money.
00:24:10.000 Our app is so diverse, it lets black people find black businesses.
00:24:15.000 It's the most racist app on the planet.
00:24:17.000 No, it's for white people that can find white-owned businesses.
00:24:20.000 That's actually what they do.
00:24:22.000 It's not diverse in any way.
00:24:23.000 It's segregated and racist.
00:24:25.000 It's like when they made Black Panther, they're like, this movie's very diverse, and it's like the cast was 95% black.
00:24:29.000 That's not diversity!
00:24:31.000 Diversity will focus exclusively on one race of people.
00:24:35.000 Who in the audience would disagree with me, 1 if you disagree, 20 if you agree, that SVB was likely investing in companies based on diversity and not based on the function of their business?
00:24:46.000 They were pretty open about it.
00:24:47.000 I haven't been able to look at the books, but they said as such on their website.
00:24:50.000 Yeah, they had an A rating with an AESG score.
00:24:53.000 I'm gonna tell you this, I don't want to give anybody advice, but I...
00:24:58.000 I'm thinking about investing my money in stocks from companies that have the lowest possible ESG score and getting all of my money out of anything with a high ESG score.
00:25:08.000 You sound like Vivek Ramaswamy.
00:25:10.000 Is that what he said?
00:25:10.000 I don't know if he said those exact words.
00:25:12.000 That's what he's all about.
00:25:13.000 Investing your money in non-ESG right now.
00:25:17.000 I think that sounds right.
00:25:19.000 If a company is focusing their efforts on environmental social governance, that is not a functioning business.
00:25:25.000 Everything that's for if you're focusing on social issues and right now essentially what happens is ESG is social issues being shoved into into businesses and bureaucracies and stuff like that you see the social issues in In schools and stuff, and that's part of why test scores are so, are going, go down every year.
00:25:50.000 You spend more money every year and test scores keep going down every year.
00:25:54.000 It, it, it's essentially supplanting the purpose for every single thing that it touches.
00:26:01.000 So if it's schools, it, it's, it, it corrupts them and they, and you, and it stops, you stop churning out kids that know anything.
00:26:08.000 There's a there's a comic from Stone Toss.
00:26:11.000 I know the left really hates Stone Toss, but it's an advertising agency.
00:26:15.000 And then the the advertising guy is market is he's got a burger restaurant clients.
00:26:20.000 And he's like, here's our proposed ad campaign.
00:26:21.000 And it's a white person and a black person making out.
00:26:24.000 And the guy's like, how is this going to sell cheeseburgers?
00:26:25.000 And the guy goes, cheeseburgers?
00:26:27.000 But that's a really good example of what this is.
00:26:30.000 Same reason why FTX failed, the crypto thing.
00:26:34.000 Well, they were doing ESG stuff.
00:26:35.000 Yeah, obsessively ESG.
00:26:37.000 Sam Bankman-Fried would talk about it.
00:26:38.000 I think there's more to it than that.
00:26:40.000 I love him, man.
00:26:41.000 Yeah, he's big into investing in climate change.
00:26:43.000 There's video of him being like, we're gonna fix the world with impact investment.
00:26:47.000 He used different words, but that was the purpose.
00:26:50.000 No, Bitcoin's doing really well.
00:26:51.000 Spend your money on what they want.
00:26:53.000 There's an argument I've heard people talking today that there are people that believe that this is actually going to be a decoupling event.
00:27:00.000 So the reason that Bitcoin in the markets responded positively once Biden started talking, I guess, is because everyone essentially assumed, or the markets assumed, that There was going to be a slowing to the raising of interest rates.
00:27:16.000 And so people are like, well, we can, you know, get cheap money or make, you know, continue to invest in things and stuff.
00:27:24.000 You know, the biggest crime that I'd see out of this whole thing with this SVB is the execs.
00:27:29.000 Five executives paid them.
00:27:31.000 They sold stock within the two months leading up to the crumble for millions.
00:27:35.000 I think every executive made over a million.
00:27:38.000 The CEO making $2.3 million or something?
00:27:41.000 Roughly.
00:27:41.000 It may be somebody made under.
00:27:42.000 And they also apparently paid out a big bonus to a bunch of employees on Friday, right before the announcement.
00:27:48.000 That's a crime.
00:27:49.000 That is absolutely... Investigate that.
00:27:51.000 Investigate those executives.
00:27:53.000 Take that money back.
00:27:54.000 Pay back the people that lost money with that.
00:27:57.000 That's scandalous.
00:27:58.000 That's not going to happen again.
00:27:59.000 Back in 2008 when they did this, they did the same thing.
00:28:02.000 They weren't just bailing out the Wall Street firms like the Federal Reserve and the Treasury Department.
00:28:07.000 They basically negotiated the sale of Merrill Lynch to Bank of America.
00:28:11.000 Part of the deal was millions of dollars in bonuses to these Merrill Lynch execs so they wouldn't leave the company and they could get the deal done.
00:28:21.000 You couldn't list all the illegal things going on negotiated by Federal Reserve U.S.
00:28:26.000 Treasury Department officials, many of them former Golden and Sachs employees, they did it openly.
00:28:31.000 They got millions and nothing was, it was approved.
00:28:34.000 It was your taxpayer dollars helped finance that.
00:28:37.000 So it's happened before, it's going to keep on happening.
00:28:40.000 It's the norm.
00:28:41.000 Biden tweeted this out eight hours ago, the management of both these banks will be fired if a bank taken over by the FDIC, the people running, if a bank is taken over by the FDIC, the people running that bank shouldn't work there anymore.
00:28:52.000 He doesn't talk about the stock that they sold of the defunct company right before the company was announced that it was defunct.
00:29:00.000 I mean, the five execs selling stock in the two months leading up to the collapse is an indication that they knew there was a collapse coming, which that deserves an investigation, in my opinion.
00:29:09.000 Joe Biden doesn't know what should happen with a bank.
00:29:11.000 all the management's gonna be fired and that the people running the bank
00:29:15.000 shouldn't work there anymore those are his words. Joe Biden doesn't know what
00:29:19.000 should happen with a bank. The president is in no position to make a call
00:29:24.000 about what should or should not happen with a bank. If you want to have
00:29:29.000 investigations or something fine but Joe Biden is in no position to be making
00:29:35.000 calls about a bank at all.
00:29:36.000 I don't trust Joe Biden's calls about basically anything.
00:29:39.000 The man barely has contact with reality.
00:29:44.000 So Joe Biden's opinion on banks and who should run a bank is the least interesting thing in the world.
00:29:48.000 This string of tweets that he wrote this under on Friday, the FDIC threat, obviously was not written by him.
00:29:55.000 No.
00:29:55.000 It sounds like some economist using his... I mean, it's different than other tweets that he puts out, like, last week.
00:30:00.000 The whole, like, this time it's different.
00:30:02.000 Period.
00:30:03.000 You know, those crappy tweets he puts out?
00:30:03.000 This time.
00:30:05.000 He's so funny.
00:30:06.000 This is obviously some sort of economist explaining their procedure.
00:30:10.000 But they're saying they're going to fire the execs, the management.
00:30:14.000 I don't know.
00:30:15.000 What would be the ethical thing to do for this 10, 12, 13 million in stock that they all sold?
00:30:19.000 Like, they're the executives of the company.
00:30:21.000 They lost a lot of people a lot of money.
00:30:24.000 I don't know.
00:30:25.000 I'm not 100% sure.
00:30:27.000 I don't know who actually is being affected mostly, like who's really being negatively affected.
00:30:35.000 So I know that the SVB was mostly crypto companies and they funded a lot of startups and stuff
00:30:44.000 like that.
00:30:45.000 So I don't know that there's a lot of small investors that are small bankers, you know,
00:30:52.000 small whatever you call it, that they cater to.
00:30:57.000 So you know, I don't know exactly what should be done.
00:31:01.000 And I don't even know that we should be making decisions yet.
00:31:03.000 Because it just happened today.
00:31:06.000 You kind of want to see what the actual repercussions are going to be and how it's going to go through
00:31:11.000 The fog of war is the position, and they're moving so quickly in the fog of war, acting like they know what's happening, and people are just like, I don't know, so I can't say no.
00:31:20.000 I don't have any pushback right now because I don't have the facts, and people are scared, so they're moving quickly.
00:31:25.000 I want to pull up this tweet here, and just really quickly point out that Someone removed one of the plugs from the cameras and it's not in the room.
00:31:34.000 So we're just like, like Phil's camera died, but they're all plugged in.
00:31:37.000 I'm like, wait, what?
00:31:38.000 And then we looked and it's just gone.
00:31:39.000 The plug was just stolen by somebody.
00:31:41.000 Cable's gone.
00:31:42.000 Is it a, uh, HDMI?
00:31:44.000 Oh, it's bad.
00:31:45.000 The power cable.
00:31:45.000 No, no, no.
00:31:46.000 Like the plug for the camera is just gone.
00:31:49.000 Yeah.
00:31:49.000 It's a little hammer headache, but it's okay.
00:31:51.000 We figured it out because we got med skills.
00:31:53.000 But anyway, let's talk about the story here.
00:31:54.000 We got this from the Kobesi letter.
00:31:57.000 The two-year Treasury yield is now on track for one of its biggest two-day drops in history.
00:32:03.000 The yield is down over 100 basis points from its high last week.
00:32:08.000 Bond markets are moving quicker than what we saw in 2008.
00:32:13.000 Bonds think the system just collapsed.
00:32:17.000 I certainly hope not, but in the event that they do, I suppose the question is, what happens if the market actually does collapse and this assessment is correct?
00:32:28.000 If all of a sudden you wake up in the morning, your bank is telling you, hey, you can't take money out just yet, hey, we're not so sure what's gonna happen, or outright, this ripples through all these other banks.
00:32:39.000 I gotta tell you, I looked at a bunch of bank stocks, I looked at the stocks for some of the banks that we use, and they're all very, very, very down.
00:32:47.000 And that's kind of worrying.
00:32:48.000 So, uh, Drew, what happens?
00:32:51.000 Investors and bank stocks need to be worried, which is largely wealthy people, you know, big funds.
00:32:56.000 Average citizens aren't going to lose from this.
00:32:58.000 And again, your deposits are insured.
00:33:00.000 Well, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, Worse than 2008?
00:33:16.000 Then what does that mean for the average person in terms of their ability to get a job, their ability to find food, or what?
00:33:22.000 Well, I think the 2008 threat and this threat to the average citizens and average banks are grossly exaggerated.
00:33:28.000 I mean, if you're a small bank, a normal bank, you're not affected by things going on in Wall Street.
00:33:33.000 You're not investing in derivatives or high-tech companies.
00:33:36.000 Your banks aren't going to fail because you don't have investments in that.
00:33:38.000 Your investments are in mortgages, traditional stuff.
00:33:41.000 Signature Bank was real estate.
00:33:42.000 Your banks will not fail.
00:33:43.000 Yeah, but what kind of real estate?
00:33:45.000 Commercial real estate?
00:33:46.000 Big, bold investments and bad bets?
00:33:49.000 So that the investors in that bank, they should lose their money, the bank should fail, and citizens shouldn't bail it out.
00:33:56.000 Because when they bail it out, now I'm being punished.
00:33:59.000 Everyone across the U.S.
00:34:01.000 gets punished when the U.S.
00:34:02.000 government steps in and bails someone out.
00:34:05.000 We will pay for that.
00:34:06.000 You think the real risk to the Americans is if they do the bailouts, not if they ignore it?
00:34:10.000 So wait, if they do the bailouts, then people are going to lose money?
00:34:10.000 Correct.
00:34:14.000 Yeah, because our debt keeps going up, inflation keeps going up, and sooner or later you've got to pay for that.
00:34:20.000 And it's going to hurt the economy.
00:34:22.000 It's been hurting us, you know, already.
00:34:24.000 We're likely to have a recession.
00:34:25.000 We've been in recession threat mode for a long time.
00:34:28.000 Because the federal government gave away trillions of dollars unnecessarily during COVID.
00:34:28.000 Why?
00:34:34.000 You cannot give money away.
00:34:36.000 Sooner or later you got to pay the price.
00:34:37.000 The price is we're going to go into recession.
00:34:40.000 And we're going to have horrible inflation.
00:34:42.000 We're paying the price.
00:34:43.000 So every time you bail out a big Silicon Valley bank or a Wall Street big firm, which you wouldn't do for a mid-size or small company or bank, whenever you bail them out, citizens everywhere else, not just in the U.S., but around the world, since we've got the dollar, they pay for that.
00:35:00.000 And it shouldn't happen.
00:35:01.000 So then it sounds like, let's just let them fall.
00:35:04.000 They shouldn't fail.
00:35:05.000 I mean, Bannon was saying that on Friday.
00:35:07.000 You know, you're selling Matt Gaetz and Dan Bishop on this show.
00:35:09.000 Resist!
00:35:10.000 Do not let them convince you to bail these people out, you know.
00:35:14.000 But I wonder, I mean, if in 2008 they didn't bail out any banks, what do you think would have happened?
00:35:18.000 Well, no one really knows, but I don't think it would have been a disaster.
00:35:20.000 It would have been a disaster for the Wall Street firms, but who cares?
00:35:23.000 I mean, if Goldman Sachs and Merrill Lynch, you name all those firms that they went under, Who do they lend to?
00:35:29.000 Huge Fortune 500 companies who pay outlandish fees and they're not the only ones who can do investment banking.
00:35:34.000 There are investment banking firms, small ones, all over the U.S.
00:35:38.000 who can step in and take their place.
00:35:40.000 They should have had trillions of dollars of losses and derivatives.
00:35:43.000 Let them take their losses.
00:35:46.000 98% of Americans don't invest in derivatives.
00:35:48.000 They don't invest in these high-tech companies.
00:35:51.000 So we won't suffer.
00:35:52.000 We have some comments here.
00:35:53.000 People are saying you're wrong.
00:35:55.000 There's a video of the FDIC saying they only have funds to cover around 4% of the losses and the risk is real.
00:36:01.000 Someone else said that the FDIC has only enough to insure about 1% of the deposits and this will be a push to get us into CBDC?
00:36:10.000 I don't know what that is.
00:36:10.000 Central Bank Digital Currency.
00:36:13.000 Okay, well who's going to bail out FDIC?
00:36:15.000 That is something the government's there to bail them out.
00:36:18.000 So if we want to bail out the FDIC for the $250,000 deposits, that's okay.
00:36:24.000 I don't want to bail out for the investment beyond the $250,000.
00:36:26.000 That's the bigger bill we can't afford.
00:36:30.000 You know, one issue is bank consolidation.
00:36:33.000 In 2008, 465 banks failed.
00:36:36.000 A bunch of them, maybe all of them, were bought up.
00:36:38.000 It was like Wells Fargo.
00:36:39.000 We came out of that with like four big banks.
00:36:41.000 I could see another... Same with the Great Depression.
00:36:43.000 That was a big wealth consolidation.
00:36:45.000 You know, they bankrupt everyone, they buy up the assets.
00:36:47.000 It's always... Well, I mean...
00:36:49.000 I just want to push back a little bit on the idea that they bankrupt.
00:36:53.000 It's not intentional.
00:36:55.000 It's not like there are people pulling the strings that are trying to bankrupt other people so they can buy up the assets, or at least not all the time.
00:37:05.000 I know that has happened in history, but still.
00:37:09.000 The consolidation happens because if you have a lot of money and everybody loses money, you still have a lot of money, so there's a bunch of opportunities to buy stuff up.
00:37:19.000 That's what happens any time there's any kind of financial crisis or whatever.
00:37:24.000 Rich people get richer because they have funds to capitalize on the marginal businesses going under.
00:37:33.000 Let me ask you guys a question though.
00:37:34.000 So, Tim Katz Corporation has more than $250,000, and that's the only amount that's insured.
00:37:40.000 What if our bank went under?
00:37:42.000 Everybody here would be out of a job.
00:37:44.000 How would people here feel about that?
00:37:45.000 You gotta be able to make money.
00:37:47.000 If we're not making money, we deserve to fail.
00:37:50.000 If we're not in the black, we deserve to fail.
00:37:52.000 That's not what I'm saying.
00:37:53.000 Because if our banks go to zero... Ian, Ian, Ian, stop, stop.
00:37:56.000 If the bank froze our money right now, there would be no paychecks for any one of the employees.
00:38:01.000 The company, of course, makes money.
00:38:03.000 But the money in the bank that we need to pay the employees until revenue comes in, because it comes in, we don't just have money.
00:38:12.000 Our customers, our members, they will, you know, pay 10 bucks.
00:38:18.000 Advertisers will pay a monthly thing or once a month.
00:38:21.000 For those three to four weeks, if we have no money, what happens?
00:38:24.000 We just tell all of our employees, don't worry about it, we tell our utilities?
00:38:28.000 So this is the question, when I'm looking at these tweets about people lining up outside of Silicon Valley Bank, and you show up one day, I want people to think about this, you show up to your bank, because you're a regular working class person, and they're like, you have no money.
00:38:41.000 You say, how do I pay my rent?
00:38:42.000 You're a small business who maybe isn't even one of these big woke tech companies or whatever, and you've got a million bucks, and you need, and you're a business that, you know, you've got a decent profit margin, let's say you're doing 10%, 20% per month, you spend $500,000, you make, say, $600,000, that money goes into emergency rainy day funds, potential investments, then you have your employees that are the bulk of those costs, and then one day, your paychecks bounce.
00:39:09.000 The bank says there's no funds.
00:39:11.000 You should have five bank accounts first, so you have 1.25 million insured by FDIC.
00:39:11.000 What do you do?
00:39:17.000 Per the size of your bank, you should probably have a ton of bank accounts.
00:39:20.000 Five.
00:39:21.000 The five number's great.
00:39:22.000 No, no, no.
00:39:22.000 Five's not good enough if you're Facebook.
00:39:24.000 No, five's not good enough if you're Facebook.
00:39:26.000 But for small businesses, you should have multiple bank accounts.
00:39:28.000 A lot of people having issues, couldn't get their money out because they didn't have anywhere else to put it.
00:39:32.000 So they're like mad dashed to open a second bank account, like have multiple business accounts.
00:39:36.000 Secondly, I think, yeah, if your company can't pay the people, the people aren't going to get paid.
00:39:41.000 It's like, get ready to live without money for four months or three months or two weeks or whatever.
00:39:41.000 That's the deal.
00:39:46.000 I want to say some words just before I make the statement.
00:39:52.000 Max Keiser and Stacey Herbert because I was thinking today we were talking if we had a part of our balance sheet in Bitcoin Bitcoin went up and Bitcoin has a different stability and a lot of companies transferred some of their balance sheet into Bitcoin.
00:40:08.000 And so if we were like, we use primarily USD for all our liquid transactions, but then we store some of the value in Bitcoin and actually pay some employees in Bitcoin.
00:40:17.000 All those employees, that money they get in Bitcoin is worth substantially more right now than it would have been when they received it.
00:40:23.000 So I'm thinking like, I don't know if the intention with all this collapse is to push us into, like that person was saying, central bank digital currencies or something like that, but it certainly has me looking at my crypto being like, it's up.
00:40:35.000 It does have the intention of bank consolidation, centralization of currency, and then I think they're going to want to try and track it.
00:40:43.000 Well, I mean, if you use a CBDC, they automatically can track it.
00:40:50.000 Everything you do.
00:40:50.000 Yeah.
00:40:51.000 Any digital currency like that, it's automatically tracked.
00:40:54.000 They can turn your money off.
00:40:55.000 They can tell you what you are and are not allowed to buy.
00:40:59.000 Your money is completely programmable.
00:41:01.000 But if that's the direction of the water flow, then maybe we should... No.
00:41:05.000 Crypto?
00:41:05.000 No.
00:41:06.000 I mean, don't ignore it.
00:41:07.000 No.
00:41:07.000 Not crypto.
00:41:08.000 Crypto is one thing, Bitcoin is different, and a CBDC is a third.
00:41:14.000 Yeah, CBDC doesn't have to be on a blockchain.
00:41:16.000 I just want to point out the rumors going around, and I don't know if this is true, is that Harry and Meghan had their money in SVB.
00:41:22.000 I heard that.
00:41:23.000 And I don't know if that's true, but everyone's laughing, being like all their money's gone or whatever.
00:41:28.000 Either way, It's probably a scary weekend because even with Joe Biden coming out being like, don't worry, we're going to pay everybody to get access to their deposits or whatever.
00:41:37.000 How long do you have to wait and where is the money?
00:41:41.000 Again, the message should be, you don't have to worry if you've got less than $250,000.
00:41:46.000 There's no need to do a run on the bank.
00:41:48.000 That should be the message.
00:41:50.000 The message shouldn't be, no matter how much money you've invested or how badly the government will bail you out.
00:41:56.000 That we cannot afford to do.
00:41:57.000 All that they do is tell these big banks, keep playing with the money like jerks.
00:42:03.000 Because they're too big to fail.
00:42:05.000 They say, and it's not coming from the taxpayer, but here's what Joe Biden's not telling you.
00:42:09.000 The money paid to the FDIC, the premiums paid for FDIC insurance is intended for you, the little guy.
00:42:16.000 Not for the millionaires and the billionaires.
00:42:18.000 And now what they're saying is your rainy day fund is being given to the millionaires and the billionaires.
00:42:23.000 Sound like Bernie Sanders over here!
00:42:25.000 The millionaires and the billionaires are getting your FDIC money!
00:42:28.000 From Five Cent Knuckle.
00:42:29.000 Historically, the FDIC pays insured deposits within a few days after a bank closes, usually the next business day.
00:42:35.000 And what they'll do is they'll open a new account at another insured bank and then send you the money that way.
00:42:40.000 Someone mentioned that it might take a couple months earlier, but I think they move pretty quick, hopefully.
00:42:44.000 If that's true, then yeah, I think the small guy doesn't have anything to worry about.
00:42:48.000 Well, here's a short post from Amy Curtis on Twitter that I saw.
00:42:51.000 It said, here's why the government is going to bail out SBV, but won't send disaster aid to Ohio.
00:42:58.000 And you can see an image showing California as very blue.
00:43:01.000 Well, you can't really see it because the way it's cropped on screen.
00:43:03.000 There you go.
00:43:04.000 And then you have this image, which is Ohio being like all red and East Palestine being, you know, over here in the eastern Ohio.
00:43:12.000 So a lot of this does absolutely feel like a combination of elitism and partisanship.
00:43:18.000 The fact that Joe Biden got up at nine in the morning, first thing, and said, your money is safe.
00:43:25.000 But when a train exploded, spraying toxic chemicals, they burn and toxic chemicals are everywhere.
00:43:32.000 It's getting in the water.
00:43:33.000 Fish are dying.
00:43:34.000 The governor says a plume of chemicals is flowing down the river into West Virginia, nowhere to be found.
00:43:42.000 It tells you who butters their bread, who they're serving, and who they're concerned about.
00:43:46.000 Of course.
00:43:47.000 When I look at things like this, and then we had that Jane Fonda thing, you guys see the Jane Fonda thing last week?
00:43:53.000 Hanoi Jane talking.
00:43:54.000 She said on The View, She was asked, we have to fight for pro, you know, for pro-choice, whatever.
00:44:00.000 And then Joy Behar was like, well, short of protesting and voting, what do we do?
00:44:04.000 And she said, murder.
00:44:06.000 And then someone was like, wait, wait, what are you saying?
00:44:07.000 She goes, murder.
00:44:08.000 And then I went, ha ha, no, she's joking.
00:44:11.000 So the way I see it is, all signs are indicative of systemic collapse, whether the bond market is correct or not in the previous segment, that it's going to collapse, whether the banking thing, two of the biggest collapse in history happening back to back.
00:44:26.000 And they're seeming, like one's in California, one's in New York.
00:44:30.000 Are they related?
00:44:31.000 All I gotta tell you is hyperpolarization, hyperinflation, maybe not hyperinflation, but inflation's ridiculously high, now banking collapses, and people on TV saying psychotic extremist things.
00:44:47.000 Drew, you're the expert, I guess, or you're the one selling a product.
00:44:50.000 Do you think we're on the verge of some kind of major collapse?
00:44:53.000 And should people, I don't want to say be worried, but should they be prepared?
00:44:56.000 I think a recession is likely.
00:44:57.000 I don't think a banking collapse is coming.
00:44:59.000 But what about, I mean beyond that, I mean, when you're looking at the weaponization of government, when you're looking at people on TV calling for murder, whether to joke or not, we're seeing violence in the streets, we're seeing 150 far leftists storm a government facility in Georgia and burn it up, then you've got the January 6th stuff where they're saying the FBI was destroying evidence.
00:45:17.000 It doesn't feel like this system, whether it's financial or political, exists anymore.
00:45:23.000 It seems more like a smoldering pit.
00:45:25.000 Well, we track 50, we call them threats or trigger events that could lead to a collapse, but you're only talking about one of them, and that's, you know, something like a financial collapse or something that really triggers a civil war.
00:45:36.000 If there's a banking collapse, that doesn't mean there's loss of law and order.
00:45:40.000 But if people start doing civil unrest and law enforcement goes, then you've got a collapse where you worry about the things we worry about, which is people going out looting, stealing, killing, and it's not safe to live here.
00:45:52.000 I mean, that's just one of 50 events.
00:45:54.000 We have more things to worry about than that, I think, that are more likely to get us.
00:45:59.000 What have you got?
00:45:59.000 Like what?
00:46:00.000 Like avian flu is the one that I'm very concerned about right now.
00:46:03.000 Our electric grid is probably my number two biggest concern.
00:46:06.000 The fragility of that.
00:46:07.000 I think that's likely to kill us off before, you know, collapse from a banking collapse.
00:46:07.000 Electric grid?
00:46:12.000 I've got a bunch of stuff on the bird floor, but let's talk about the electric grid first.
00:46:16.000 What about the grid has you worried about?
00:46:17.000 It's been vulnerable and we've known about it for decades and the government has done nothing to fix it.
00:46:22.000 It's vulnerable not just from the physical, you know, terrorist attacks you've heard about in recent months, it's vulnerable from natural causes.
00:46:29.000 Solar flares, electromagnetic pulse from a solar flare can take down the grid.
00:46:33.000 It's done it before.
00:46:34.000 The reason why I said we'll talk about this one first is because you've heard the stories that are going around where extremists are attacking substations.
00:46:41.000 It's not the first time.
00:46:42.000 They did an attack on the Metcalf grid, you know, a decade almost ago and we knew about it and it was a professional kind of a test run.
00:46:49.000 This is well done.
00:46:50.000 Look up the Metcalf attack on the grid.
00:46:52.000 It was done years ago.
00:46:54.000 We investigated it.
00:46:55.000 It was a professional group that did it.
00:46:57.000 It was like a dress rehearsal.
00:46:59.000 I don't know if Russia or China or who was behind it.
00:47:02.000 But they did a professional attack on the grid years ago in 2013.
00:47:06.000 This is old stuff, just like the threat of EMP.
00:47:09.000 We've known about it for decades.
00:47:12.000 Whoa, check this out.
00:47:13.000 Let me read this.
00:47:14.000 On the morning of April 16, 2013, a team of gunmen using rifles opened fire on the Metcalf transmission substation, severely damaging 17 Transformers.
00:47:23.000 And they said it was sophisticated.
00:47:25.000 And what was the reason for them doing it?
00:47:27.000 It was a test to see if they could take it down.
00:47:31.000 And the thing is, you don't have to take down, you know, there's thousands of these stations, but there's critical nodes.
00:47:36.000 And if you take down, you know, 10 or 12 critical nodes, you can take the whole grid down.
00:47:40.000 And the worst thing is, without getting into too much details, you need to watch a documentary.
00:47:44.000 Grid Down, Power Up explains this a hundred times better than what I'm going to do in the next 30 seconds.
00:47:50.000 You do a coordinated attack on the grid.
00:47:52.000 It could be a cyber attack.
00:47:53.000 It could be solar flares.
00:47:55.000 If there's a surge in the grid, it destroys these transformers, these big giant devices, and it takes you months to replace a few of them.
00:48:04.000 If a lot of them are destroyed, the electric grid is down for a year under good conditions or more.
00:48:11.000 And we've known about this, and there's five different ways this could happen.
00:48:14.000 Cyber attack, physical attack, solar flares, electromagnetic pulse.
00:48:19.000 I'm forgetting the fifth.
00:48:20.000 Again, watch this documentary, Grid Down, Power Up.
00:48:23.000 Our grid is highly vulnerable.
00:48:24.000 It's our Achilles heel.
00:48:26.000 If North Korea wants to destroy the United States, they can do it.
00:48:30.000 They got an ICBM that can reach here.
00:48:32.000 They do not need a lot of nuclear weapons.
00:48:35.000 They don't need accuracy at all.
00:48:36.000 Well, one or two high in the atmosphere over the U.S.
00:48:40.000 And you destroy our electric system.
00:48:42.000 The electric magnetic pulse destroys our system for over a year.
00:48:45.000 For the whole country?
00:48:46.000 For the whole country.
00:48:47.000 For most of the United States.
00:48:49.000 North Korea has weapons that can do that.
00:48:51.000 Yep, they're low yield.
00:48:52.000 See, their nuclear weapons have all kinds of effects.
00:48:54.000 Thermal radiation, alpha radiation, beta.
00:48:57.000 They're optimized to do maximum EMP yield.
00:49:01.000 The Russians work with them to do that.
00:49:02.000 And this has been published.
00:49:04.000 Open source, it was intelligence agencies, but they published open source saying that the Russians helped North Korea develop their nuclear weapons for maximum EMP effect.
00:49:13.000 Because North Korea is never going to build, you know, a first-strike capability on our huge nuclear system.
00:49:19.000 But they only need one or two inaccurate, high-in-the-atmosphere explosions over the U.S., and the grid is down for over a year.
00:49:26.000 And in that time, according to a congressional study, you know, led by a former CIA director, a former Navy Admiral, Their estimate was that when this happens, you could lose 90% of the U.S.
00:49:38.000 population.
00:49:38.000 There's no economic production.
00:49:41.000 There's no gas flowing.
00:49:42.000 There is no municipal water systems.
00:49:44.000 You'll have no water in this house.
00:49:46.000 We will.
00:49:47.000 You're on a municipal water system.
00:49:47.000 No, you won't.
00:49:47.000 Yeah, we will.
00:49:49.000 No, we're not.
00:49:49.000 Okay, you may.
00:49:50.000 I'm sorry, I thought you were still in the city here.
00:49:53.000 We are not.
00:49:54.000 Are you kidding?
00:49:55.000 I mean, 90% of Americans are in cities or suburbs that'll have no municipal water system.
00:50:00.000 And you'll die in that 90 years, either from starving to death or from people going out stealing for food and marijuana.
00:50:07.000 Everybody who comes here, they're like, I had to drive up a strange winding mountain road to get here.
00:50:12.000 We're elevated several hundred feet, like we're up a mountain and we have well water and two local water sources.
00:50:21.000 Now, for the new place we're setting up, we actually have a ton of backup power, and here we have miniature solar here.
00:50:27.000 So we have this big, massive battery, and then we have a bunch of really small batteries that are portable, and then they have solar panels that you actually have to physically lay out and position properly.
00:50:37.000 Not easy to do.
00:50:38.000 At the new property we're setting up, we have installed professional solar with a ridiculous amount of backup batteries.
00:50:45.000 So the amount of power generated from the sun exceeds the amount that the batteries drain.
00:50:52.000 So as long as you're operating through the day, only at night does it power down, but then it immediately goes back to full as soon as the sun comes up.
00:50:59.000 Not perfect.
00:51:00.000 Absolutely not perfect.
00:51:01.000 I'd probably be comfortable if I use one of the streams to create a water wheel power generator of some source or just a bike, some kind of way to get power, because you are half correct.
00:51:11.000 We wouldn't lose water because we're not on municipal water, but we need electricity for our pump.
00:51:15.000 So, otherwise, we're manually pumping water.
00:51:17.000 But, worst case scenario is we do what they did in the olden days, and we either carry bales of water up the hill, which we can do, or we build a pump, or dig a well, or something.
00:51:28.000 I think, uh, that me and the people here, we've been reading so much about this stuff non-stop for the past three or four years, five years, heck, ten years, that, uh, Look, we've been saying on this show, get chickens.
00:51:42.000 Get some small goats, some, what, the Nigerian dwarf goats or whatever?
00:51:47.000 Get something.
00:51:48.000 Get away from the cities.
00:51:50.000 I've had a lot of people imagine saying they moved out of the city, they're on well water, they're more sustainable, they've got chickens.
00:51:55.000 Hey, I'll tell you what.
00:51:57.000 If these people who are attacking the power substations succeed, because we've been seeing reports of it all over the country, or North Korea fires an EMP, what you're saying makes the most sense.
00:52:07.000 You want to win a war?
00:52:08.000 You don't need to wipe a city out with massive destructive force.
00:52:11.000 That's a waste of energy.
00:52:12.000 That's a lack of strategy.
00:52:15.000 One EMP disables your opponent, and then you've won.
00:52:19.000 So what will the people in the cities do?
00:52:21.000 Yeah, you're right.
00:52:21.000 They're going to have no water.
00:52:23.000 How many days until they start eating each other and drinking each other's blood?
00:52:28.000 And again, the marauder threat is something you've got to be prepared for, because if you can't defend your preparations and your facilities, the people who aren't prepared, which is the vast majority, will come and take your supplies and your solar systems and all that.
00:52:40.000 But I'm just mentioning a couple threats.
00:52:40.000 That's right.
00:52:42.000 We actually track 50 of them.
00:52:44.000 And I'm not sure which one is the worst, but the one that right now is sounding the most alarm bells for us is H5N1 avian flu, because it mutated last year.
00:52:53.000 It's not the same virus.
00:52:55.000 And it's wrong to call it bird flu.
00:52:57.000 It's now bird and mammal flu.
00:52:59.000 That virus is mutating and spreading amongst mammal populations, minks, sea lions, lots of different mammal populations.
00:53:06.000 Let me pull up this story.
00:53:07.000 We have this from CNN World.
00:53:09.000 Explosion of sea lion deaths in Peru amid deadly bird flu outbreak.
00:53:17.000 So now, what are they saying?
00:53:18.000 Thousands of sea lions in Peru have died amid an outbreak of bird flu.
00:53:22.000 Bird flu is not only passing to mammals, it's passing into many other mammals.
00:53:27.000 This is a 60% mortality rate.
00:53:30.000 I'm sure the most conspiracy-minded individuals are thinking that it was all intentional, but I've got to say, guys, if you think that they took bird flu and then did gain-of-function research to make it transmissible among mammals, I have to say, you're completely right.
00:53:45.000 From science.org, controversial experiments that could make bird flu more risky poised to resume.
00:53:51.000 Two gain-of-function projects halted more than four years ago have passed new U.S.
00:53:55.000 review processes.
00:53:56.000 So, in February of 2019, and we have mentioned this before, they began working on H5N1 to make it transmissible among mammals.
00:54:06.000 Now, why would you go and do that?
00:54:08.000 And now it is bouncing around mammals, and it does have a 60% mortality rate.
00:54:14.000 That's correct.
00:54:15.000 They actually did it the first time back in 2011.
00:54:18.000 They did it, and for a while they tried to stop publishing it, but they ultimately ended up letting them publish.
00:54:25.000 And I'll explain why they do it.
00:54:27.000 Why the government does that.
00:54:28.000 I just don't want your bloggers to take my head off for defending them, but this is why the government says... You're going to take your head off no matter what.
00:54:34.000 I know.
00:54:34.000 This is why the government does gain-of-function research.
00:54:37.000 They do it with this reasoning.
00:54:39.000 Eventually, H5N1 will mutate to become human-to-human transmissible.
00:54:39.000 Hey, hey!
00:54:45.000 It'll happen naturally.
00:54:46.000 And biologists have said that and they're right.
00:54:48.000 It happens all the time.
00:54:49.000 Virus is always mutating.
00:54:51.000 So basically what we're going to do is we're going to speed it up in the lab.
00:54:54.000 We're going to develop a human-to-human contagious or mammal-to-mammal contagious version.
00:54:59.000 Now once we've got this in the lab, we'll keep it in the lab and we'll develop vaccines.
00:55:05.000 So when the natural happens, we'll prepare it.
00:55:06.000 That's their argument for doing it.
00:55:08.000 But the problem here is, back in 2011, I don't care if they do that at Fort Detrick, which, by the way, isn't too far from you.
00:55:15.000 You know, if the Army's doing biological research for defensive reasons, I'm for that.
00:55:20.000 But when they released it and published how you do it, so that anyone from Al-Qaeda to North Korea to Syria, you name it, I could do it.
00:55:28.000 I've got the knowledge.
00:55:29.000 It's a low-tech way to do it.
00:55:31.000 And you publish results.
00:55:32.000 Now you've just increased our odds of any nutcase doing it and then releasing it.
00:55:37.000 So it's happening naturally, but the threat is not low.
00:55:41.000 That's what I've been arguing here.
00:55:43.000 The threat is not low because a natural mutation may occur.
00:55:47.000 The threat is high because it has mutated.
00:55:49.000 It is now spreading amongst mammals.
00:55:51.000 It started with minks.
00:55:52.000 Last year, sea lions, other things may be spreading now, but they're not the only threat.
00:55:58.000 You could deliberately do it in the lab.
00:56:00.000 You could deliberately do it a low-tech way in the basement.
00:56:03.000 I'm saying bad guys could be doing it now, too, because we've published how to do it.
00:56:07.000 It's very well known.
00:56:09.000 So to me, it's inevitable.
00:56:10.000 Biologists have used that word in congressional testimony.
00:56:14.000 warning Congress, we must be ready for avian flu, H5N1, to be spreading amongst humans.
00:56:22.000 They've been warning Congress for a decade now. Has anything been done? Not a damn thing.
00:56:26.000 What can they do?
00:56:26.000 Just like that, there's a lot of things they can do. One thing they can do, the first thing is just
00:56:29.000 warn people. Don't have the CDC saying, oh, it's low risk.
00:56:34.000 It's not low risk.
00:56:36.000 All kinds of medical groups are saying, watch out, it's coming.
00:56:40.000 The probability of a pandemic has gone up, but the CDC, Center for Disease Control, keeps saying it's low and it's not.
00:56:48.000 and the CDC is not giving an honest warning about it.
00:56:51.000 The threat is up a lot because it's now mutated and it's now spreading amongst mammal populations,
00:56:58.000 which means as that virus mutates, it's far more likely when it's mutating
00:57:02.000 amongst sea lions or ferrets or mink to now become human-to-human transmissible.
00:57:08.000 So the risk is up.
00:57:09.000 It is not still low risk like they've been saying.
00:57:12.000 Can you calculate that risk?
00:57:13.000 No, you can't.
00:57:14.000 You can't put a number to it, but that's why the CDC absolutely cannot say it's low risk.
00:57:20.000 It's an unknown risk.
00:57:22.000 It could be very high probability.
00:57:24.000 It could be 50% it's gonna happen this year, 75%, CDC cannot know that.
00:57:31.000 So why are they announcing it's low risk to humans when you cannot know that risk?
00:57:36.000 Without going into great detail, let me just say I think the people who watch this show, I think myself personally, I'm pretty sure the other people in the room, have very little faith in the CDC for a variety of reasons.
00:57:45.000 Yeah, the CDC wants to prevent panic, one, which is why they'll say don't worry about it.
00:57:49.000 Secondly, when it comes to COVID, the way they handle COVID, they did not talk about prophylactic measures.
00:57:53.000 They never really talked about prevention.
00:57:55.000 They talked about how to deal with it once it already hits.
00:57:58.000 I don't want to inject the thing or do the thing.
00:58:00.000 Where's the vitamin D?
00:58:01.000 I don't want to deviate from the bird flu subject.
00:58:02.000 Well, this is why I think we haven't heard about how to prevent and prepare for how to heal from this stuff before it gets you.
00:58:07.000 Because if the methodology is let's heal it once it strikes.
00:58:11.000 I think the CDC is completely inept or malicious.
00:58:16.000 And they're incapable of properly advising.
00:58:19.000 It was so bad that Steven Crowder got multiple strikes.
00:58:22.000 And it's not just them.
00:58:23.000 It's, you know, the big tech industry.
00:58:26.000 Steven Crowder got, I think, two strikes on YouTube for talking about what the CDC was saying.
00:58:30.000 That's how insane the whole thing is.
00:58:32.000 So let me just say about all of this, I don't think anyone is going to give us an honest assessment of what this is and what might happen, but I will say, I do believe, based on what we've already seen, Well, I should say this.
00:58:49.000 The news has reported the gain-of-function research to make bird flu transmissible among mammals happened a decade ago.
00:58:56.000 And they kept doing it!
00:58:58.000 And now that the Department of Energy and the FBI are saying, lab leak?
00:59:03.000 How hard would it be for this to leak from a lab?
00:59:07.000 Accidents happen.
00:59:08.000 Or worse still, as you mentioned, bad guys can do it very easily.
00:59:11.000 Sure.
00:59:12.000 And bad guys can take it out of a lab very easily.
00:59:14.000 They should not be doing these things.
00:59:16.000 We've been warning people, our members, we've been putting on our newsletter, you need to be prepared because there's so many ways this could happen.
00:59:23.000 If I were Putin, you know, a ruthless guy, not doing well in the Ukraine war, and the U.S.
00:59:28.000 and West European providing so much support, If he releases, clandestinely so you can't even punish him for it, he releases a virus like avian flu, human-human transmissible over here, we are not going to be supporting Ukraine.
00:59:41.000 We're going to be struggling to survive, losing tens, perhaps hundreds of millions of people over here.
00:59:47.000 We're not helping Ukraine.
00:59:48.000 He now has a free reign there.
00:59:50.000 And if he's developed the virus, he may already have the vaccine developed, so he can give it to Russian people he wants to survive.
00:59:57.000 And for the rest of the world, they suffer the worst pandemic, the worst disaster in human history.
01:00:03.000 What are some prophylactic measures that people can take to protect themselves from H5?
01:00:06.000 There are none.
01:00:07.000 Masks aren't going to work.
01:00:08.000 The only thing you can do is you have to stay away from people until the virus plays out.
01:00:13.000 Now here's, this is the bad news, good news.
01:00:15.000 The good news is when you have a virus this lethal, It's going to kill people, 60% lethal, it's going to kill people so massively, people are going to immediately isolate for long periods of time and the virus will die out fairly quickly.
01:00:30.000 The virus is, it's not good for a virus to have super high lethality because you end up killing off your virus.
01:00:36.000 You can't survive.
01:00:37.000 Well, if it's low-level like COVID or flu, you keep spreading it all the time.
01:00:42.000 This you will not.
01:00:43.000 You will have to be isolated for at least months, perhaps over a year.
01:00:48.000 So you've got to have food and the ability to defend your food, which is the other reason why there's no warning of this coming out.
01:00:55.000 If you warn about a collapse, you have to warn about marauder threats.
01:00:59.000 It happened in Katrina.
01:01:00.000 It's certainly going to happen if the grid is down and there's no food production.
01:01:04.000 It's going to happen to people.
01:01:05.000 You've got to have guns!
01:01:07.000 And the government is not going to tell people, hey, you need to have a lot of guns, and by the way, assault rifles and those high capacity magazines, that's what you need.
01:01:15.000 well and defend against marauders and i don't don't uh...
01:01:18.000 misinterpret he said assault rifle high-capacity magazines were talking
01:01:22.000 fully automatic select fire with a hundred round drums or something and he
01:01:25.000 said yeah was with an ass so multiple as i'm more than what you want
01:01:29.000 to mention something like a standard semi-auto standard capacity we're talking
01:01:33.000 about a air fifteen with thirty round magazines
01:01:35.000 that's not what he said he said well you can even by those in colorado
01:01:38.000 Those are illegal clips in Colorado.
01:01:40.000 So you buy them in Nebraska or elsewhere and bring them in.
01:01:46.000 I think what he was saying is like a .50 BMG, you know, mounted butterfly trigger on top of a tower that was built on your property.
01:01:56.000 Everybody needs a Toyota with a .50 caliber.
01:01:59.000 Let me know what you think about this.
01:02:00.000 I was thinking auto defense turrets.
01:02:02.000 You know, we'll build big towers, and then we'll have on them just sentry turrets that, you know, sweep left and right, and then at a certain time, they will go into, you know, full defense mode, and if you, uh, you know, bring it, you know.
01:02:19.000 I wouldn't recommend that.
01:02:20.000 I'd just use, you know, people with weapons is the low-cost, smart way to do that.
01:02:24.000 But you need a lot of people to defend yourself in a collapse, and you need assault rifles and high-capacity clips, because there could be marauder groups that have 50, 100 people in them.
01:02:34.000 We got 2 million Americans in jail.
01:02:36.000 If the electric grid goes down, are you going to keep 2 million people in jail?
01:02:39.000 They're going to come out.
01:02:41.000 They're not.
01:02:42.000 They're going to stay, and they're going to use the prisons as fortresses.
01:02:45.000 They need food.
01:02:46.000 There's not enough food to keep them going.
01:02:47.000 They're going to have to go out and get it.
01:02:49.000 And they're going to send out scouting parties who come back to the prisons because the prisons are fortified and armed, and you're not breaking in, and they can control.
01:02:58.000 No one's raiding a prison.
01:02:59.000 The prisons will be raiding your town.
01:03:01.000 Realistically, the people will be locked in their cells and they'll be left to starve.
01:03:04.000 No, because when the power goes out, the cells open.
01:03:07.000 That's a horrible manufacturing error if they can't leave the doors locked.
01:03:11.000 Well, what happens if the power goes off and there's no one there?
01:03:14.000 You'll have people dying in their cells.
01:03:17.000 Plus you have a million gang members who are already out.
01:03:20.000 Yes, their door is locked.
01:03:22.000 I thought they automatically opened it.
01:03:23.000 But it doesn't matter when the system breaks.
01:03:27.000 Someone's going to go in from the outside and they're going to have friends and family who are in prison and they are going to take that whole place over and it is a fortress.
01:03:35.000 I doubt it.
01:03:36.000 And it's also the most aggressive people in society.
01:03:40.000 I feel like they'll all be dead within a week in a situation like that.
01:03:42.000 Why would they be dead?
01:03:42.000 Because the doors lock and they all just starve.
01:03:44.000 All the guards leave.
01:03:45.000 You're acting like people in jail have no family.
01:03:49.000 How are they going to get in the building?
01:03:50.000 They're going to drive their truck a hundred miles an hour and slam into a wall, smashing it.
01:03:55.000 It's concrete.
01:03:56.000 It's like eight feet wide concrete layers.
01:03:58.000 Prisons have fences.
01:04:00.000 And there's going to be prison guards who are going to be like, here's the key, and they're going to run and leave.
01:04:04.000 I think all the guards would bail.
01:04:05.000 Of these two million people in jail, about a million were in there for, you know, drug charges.
01:04:10.000 They're not really that bad of people.
01:04:11.000 So no, they're not going to be killed off or let there.
01:04:14.000 They're going to get out and they're completely unprepared.
01:04:17.000 Maybe they'll base out of the prison, but they have no preparations.
01:04:20.000 So they're going to have to be marauders.
01:04:22.000 A million people in gangs are already marauders.
01:04:24.000 But you're indicating why we would lock them in the cell and leave them there to die, because they would otherwise turn into marauders.
01:04:29.000 I'm just trying to say there's millions of Americans who are going to be marauders.
01:04:33.000 At a minimum, you've got two million in prison and a million gang members, but normal people When they're told, you know, stay at home.
01:04:40.000 All government can tell you to do in a collapse is go home, stay home.
01:04:43.000 Well, for most people that's a death sentence.
01:04:44.000 So after you start starving to death, are you going to stay at home and quietly, politely die?
01:04:50.000 Are you going to go out and steal food to keep your family alive?
01:04:53.000 You're going to go steal.
01:04:53.000 I'm saying we're going to go outside one day and there's going to be some dude with suspenders and a flannel shirt and a handlebar mustache, and we're going to hear the chickens squawking, and we're going to walk outside with a, you know, lever action rifle and be like, hey!
01:05:05.000 And there's going to be some New York hipster being like, I'm so hungry!
01:05:08.000 And he's going to try and run away with the chicken.
01:05:10.000 You know, you get to that point, honestly, it's, I mean, it gets really, it's, the ugliness The level of ugliness that happens with the type of scenario that we're talking about, we can't really actually articulate it properly on YouTube, because you'll get booted.
01:05:25.000 Like, someone coming on your- if you've got chickens, and there's someone messing around with your chickens, and you're three months into a global collapse, shoot on sight!
01:05:33.000 Always dead, like, drop them!
01:05:35.000 Watch the season finale of The Last of Us from last night if you really want to understand what it means.
01:05:44.000 Watch a video from Syria.
01:05:46.000 I understand The Last of Us is fictional, but if you want to understand what will happen when the collapse happens, There are no good guys.
01:05:56.000 I don't want to spoil it because it literally just came out last night and people are gonna be like don't spoil it but
01:06:00.000 Watch what the good guys do there are no good guys. That's the point. Yeah, you will be like my god
01:06:08.000 Because when it comes to protecting those yourself and those you care about the guy who comes onto your property
01:06:15.000 for chickens He's he's he's got he he pulls up in his truck and he's got
01:06:19.000 a starving 10 year old daughter and he says don't worry, honey
01:06:21.000 I'm getting you food And then him and his brother and his son are like, we have to do this or we die.
01:06:27.000 And then they sneak around your property and then you're in your house going, I see people outside with guns.
01:06:32.000 Don't worry, honey, I'm gonna protect us.
01:06:34.000 And then you kill each other.
01:06:36.000 There's no good guys, there's no bad guys there.
01:06:37.000 I'm not going to die, and if I have to kill you to do it, that's what these people are thinking.
01:06:41.000 Look, you can tell the serious people by the ones that have, like, people impaled on spikes in their yard.
01:06:48.000 Like, that's, it gets real, real brutal, real, real fast.
01:06:52.000 Have you seen, uh, I think, what is it, uh, either it's, I think this was in Yellowstone, actually.
01:06:58.000 In Yellowstone, it might have been a flashback, or it might have been 1883.
01:07:02.000 I think it was Yellowstone, they catch cattle thieves, and he kills them, and then one guy who's mortally injured, he puts a rope around his neck, and then pulls him, hoists him up to hang him, and they write in blood, cattle thieves.
01:07:16.000 It was like, anybody who sees this knows what happens.
01:07:20.000 It's crazy to think that back in the day, they would kill a group of men, Mercilessly, like, and brutally, and then leave their rotting corpses for everyone to see, for taking cattle.
01:07:34.000 Because taking the cattle meant you die in the winter.
01:07:36.000 So they were like, nope, no games.
01:07:38.000 Yep, no games.
01:07:39.000 That's right.
01:07:39.000 You were a retired colonel?
01:07:41.000 Yes.
01:07:42.000 So you've seen, I mean, I don't know, would you have experienced battle?
01:07:45.000 Did you?
01:07:45.000 I've been to Iraq.
01:07:46.000 I mean, I'm Air Force, so not at the pointy end of the spear, more on the receiving ends of mortar rounds and stuff.
01:07:51.000 But, you know, you don't have to go to Iraq.
01:07:53.000 You could see it in Katrina.
01:07:54.000 You know, you could see how people panicked and would steal and were looting and were taking advantage of stuff.
01:07:59.000 And, again, I'm not just—I wouldn't blame someone.
01:08:02.000 If they're starving to death trying to protect their family or keep them alive, they're going to go out and steal and try to survive.
01:08:08.000 So you have to deal with the marauder threat.
01:08:10.000 And the probability of collapse is going up.
01:08:13.000 Things like H5N1, our vulnerable electric system, and then new technologies.
01:08:18.000 I mean, Elon Musk warns about artificial intelligence about every other week or two.
01:08:23.000 You know, he provides you a warning on that.
01:08:25.000 There are a lot of new technologies in our economy with its fragileness to cyber attack.
01:08:30.000 There's so many ways.
01:08:31.000 As I said, we track 50 different trigger events, any one of which could lead to a collapse.
01:08:36.000 Or it could be nothing.
01:08:37.000 It could be something like, you know, in the United Kingdom in 2011, in London one night, there's some altercation started with police.
01:08:46.000 There was violence.
01:08:47.000 It spread all over London.
01:08:49.000 And the next day they woke up and they said, what in the hell was that?
01:08:52.000 Thank God it's over.
01:08:52.000 And then the next night it started again in London and it spread all over the United Kingdom, all the major cities.
01:08:58.000 People were killed defending their businesses.
01:09:01.000 It was a collapse going on, loss of law and order, widespread, and there was no trigger event.
01:09:07.000 So after the next election, Ray Dalio, you know, perhaps one of the smartest men alive in the U.S.
01:09:12.000 today, the founder, CEO of Bridgewater, the most biggest, most successful hedge fund, He's estimated we've got a 30% of civil war, civil unrest, massive violence after our next presidential election because we are so divided and so split that any possible issue in that election or people just not wanting to accept the result, you could have violence break out and it can spiral out of control.
01:09:38.000 I know this is something that viewers of the show hear all the time, but really, you need to purchase firearms, ammunition, and get training.
01:09:47.000 You need to know how to use firearms and ammunition, how to load magazines.
01:09:54.000 How to clear stoppages, malfunctions, and stuff like that.
01:09:58.000 When you go to a firearms class, they're not teaching you safety stuff.
01:10:01.000 The safety stuff is very, very basic.
01:10:04.000 You go over that, and it only takes a little while.
01:10:07.000 They're teaching you how to fix your gun if there's a problem when you're in a gunfight.
01:10:12.000 And people should learn how to do that.
01:10:14.000 Not just that, when the if slash when a collapse happens, people from the cities Many of them will lose their thumbs.
01:10:23.000 And I'm talking like, I have to imagine, I mean, a massive percentage of them.
01:10:27.000 Because I can't tell you how many times I've seen people hold a gun wrong.
01:10:32.000 And it's scary.
01:10:33.000 When you go to a range and someone's giving instruction and the first thing someone does is pick up the gun and put their hand over the- Yeah.
01:10:39.000 Yeah.
01:10:40.000 And they stop.
01:10:41.000 Never do that again.
01:10:43.000 I've seen people actually get ready to shoot after being told not to do it and still put their hand over the back of the gun.
01:10:48.000 Like, do you want to have your thumb get ripped off?
01:10:51.000 You were told not to do that.
01:10:53.000 I have seen people, I mean, there's viral videos of this, where a guy's in a range, you can look the video up, and then he's like, he shoots and then he takes the gun and then he like waves it around and they tackle him.
01:11:02.000 These people don't get it.
01:11:03.000 It's like, you can, you need to have basic understanding of this stuff, but some people just don't get it.
01:11:08.000 It's gonna get bad.
01:11:09.000 I have to imagine New York City is gonna be the last place on the planet anyone's gonna want to be if the system does collapse.
01:11:14.000 Well, they won't stay there.
01:11:15.000 They'll leave and they'll end up going to the areas all around New York City if they can get out.
01:11:20.000 I don't know if you can call it civil war, but it will be, if a collapse happens in the first three days, the entire New York metro will be riots, ransacking, shootings, murders.
01:11:31.000 I think a lot of people will be trapped in their houses.
01:11:33.000 And then after a half a day when they're desperately thirsty and there's no water, one person's going to be like, we need to find water, man.
01:11:40.000 There ain't going to be any water anywhere.
01:11:42.000 So they're going to go outside and then someone's going to walk up, shoot them and take whatever they can.
01:11:46.000 Or they'll just get hit by a sniper.
01:11:47.000 Like they'll walk outside and bang and they'll be down.
01:11:51.000 After three days of fortification in a chaos situation, people are waiting, watching.
01:11:56.000 Maybe they'll walk up to you because they don't want to expose their body to other sniper fire.
01:12:00.000 Like it's going to be about hiding in buildings and shooting out windows and No, because why would you stand outside?
01:12:04.000 Why would you shoot someone?
01:12:05.000 Why would you sit in a building just to shoot people for like, if you can't go out there and like, collect their stuff?
01:12:12.000 What's the point of shooting them?
01:12:13.000 You're going to expose yourself because you're going to make a lot of noise.
01:12:17.000 You're going to draw attention to yourself.
01:12:19.000 I guess you'd wait and see if they had anything on them.
01:12:22.000 You wouldn't waste ammo.
01:12:23.000 But if someone goes outside to look for stuff, likely someone will rob them to try and go raid there.
01:12:30.000 Or more importantly, you'll lock your door in your apartment and be like, we can't go outside.
01:12:33.000 And then all of a sudden, you hear bangs.
01:12:36.000 And then you're like, what's happening?
01:12:37.000 And then you hear a loud bang.
01:12:40.000 The first- the first bang was the door being kicked open.
01:12:43.000 The second bang was the person who lived there being killed as the people ransacked to steal their Chef Boyardee
01:12:47.000 because they're not gonna die.
01:12:49.000 And there are people in cities who have guns.
01:12:51.000 And the people in cities who have guns are the people who don't follow the law.
01:12:53.000 I don't even know how to talk about...
01:12:55.000 ...what- how people in a city- You need to get out of a city.
01:13:03.000 Even a big suburban area, you won't survive a long collapse there.
01:13:06.000 You gotta get out.
01:13:07.000 You have no water, you can't raise food, and there's just too many bad people around.
01:13:11.000 You need to get out.
01:13:12.000 Yep, you're in trouble.
01:13:14.000 If the power grid goes down, like I said, it's something around 10% of the population will survive after a year.
01:13:21.000 Because, I mean, a bunch of people that are, you know, a significant portion of the population is going to die just because they don't get the medication that they need.
01:13:27.000 Diabetes, you're gone.
01:13:28.000 If you have any kind of heart medication, whatever, you're gone.
01:13:32.000 And government regulations prevent us from stockpiling that kind of stuff.
01:13:36.000 The government is the biggest barrier to preparation, all their regulations and rules.
01:13:40.000 They're outlawing wood stoves.
01:13:42.000 Wood stoves is our main industry choice.
01:13:43.000 Yes, we got solar, but if we're gonna heat and we're gonna cook meals, we need wood stoves.
01:13:48.000 We got wood stoves.
01:13:49.000 They're outlawed in a lot of areas.
01:13:51.000 You can make one with a tin can.
01:13:52.000 Not a really good one and you want a lot of efficiency and capacity one.
01:13:57.000 I made the point a few months ago that one of the benefits we have as a civilized society is the, I would just say, passive knowledge.
01:14:08.000 That is, we know Smelting ore is a thing.
01:14:13.000 We don't really know how to do it.
01:14:14.000 I mean, I don't.
01:14:15.000 But just the knowledge of its existence means that in the event of a collapse, we could eventually start trying to work out how this thing had been done.
01:14:23.000 Whereas thousands of years ago, before the discovery of Well, that's the good side.
01:14:29.000 The bad side is when the grid's down and you're back to the 1800s, most Americans can't survive in the 1800s.
01:14:34.000 That's the good side.
01:14:35.000 The bad side is when the grid's down and you're back to the 1800s, most Americans can't survive
01:14:41.000 in the 1800s.
01:14:42.000 They don't have the skills to do it.
01:14:43.000 My point is, I think, so I made this point and then all of a sudden a bunch of like weird
01:14:48.000 left-wing channels were like, Tim Pool thinks he can blacksmith, and I was like, my point
01:14:51.000 was that I can't.
01:14:53.000 My point was that none of us can.
01:14:54.000 My point is that something is so basic, as taking a rock, heating it up, and making metals, that's been done for thousands of years, the average person has no comprehension of.
01:15:05.000 We know it exists, so we can maybe after a few years figure it out.
01:15:09.000 But my point is like, I think the people who watch this show, The people who are aware of this already are likely the people who would survive.
01:15:18.000 Likely.
01:15:19.000 Not everybody.
01:15:20.000 We're talking about 10% of the population, and when the power goes out, I'm willing to bet that it's 95% of people who watch shows like this.
01:15:26.000 Well, you gotta have a lot of people to do this.
01:15:28.000 If you're gonna survive in a remote area with marauders around, you have to have a lot of guards on duty at once.
01:15:33.000 And I don't mean two guards, that's not a lot of guards.
01:15:36.000 If you've got, you know, 30 people and you're hiding out in some rural area, and you got two guards on duty at night, that means the two of us can take you out.
01:15:44.000 Because all we do is we watch you clandestinely.
01:15:46.000 We figure out you got two guards.
01:15:48.000 We know where you are.
01:15:49.000 We set up our shots.
01:15:50.000 2.30 or 3 in the morning on the walkie-talkies.
01:15:53.000 You got your guy?
01:15:53.000 Yep, I'm ready.
01:15:54.000 5, 4, 3, 2, 1.
01:15:56.000 We shoot at the same time.
01:15:58.000 Your two guards are now dead.
01:15:59.000 Did someone inside here or gunshot?
01:16:02.000 They might have, but 2.30 in the morning, they wake up, they heard a noise.
01:16:05.000 Do they hear anything else now?
01:16:06.000 It's completely quiet.
01:16:07.000 They go back to bed.
01:16:08.000 So the other 28 people are sleeping inside.
01:16:11.000 Two of us go in.
01:16:12.000 If you're lucky, we just steal stuff.
01:16:14.000 If you're not lucky, these marauders now kill you while you're sleeping.
01:16:18.000 You need a lot of guards.
01:16:19.000 You need a lot of discipline and system.
01:16:21.000 That's why Fort Hood Ranch is set up to have a lot of guards on duty.
01:16:24.000 A lot, everyone, all our members have weapons.
01:16:28.000 And we can defend ourselves.
01:16:29.000 But a typical person, he says, oh, I'm going to build a little house somewhere and my family will come and we'll survive.
01:16:36.000 You might survive the first month or two, but after the easy targets are gone and marauders are going elsewhere and everyone's left New York City and they're all out in the rural areas looking for food, they'll get you.
01:16:48.000 So I was this past weekend hanging out at the casino, and the conversation of The Last of Us comes up, the TV show.
01:16:56.000 And this one guy, it was one of the funniest things ever.
01:16:59.000 So someone, the issue of Mario Bros.
01:17:02.000 comes up, because a guy has a little Mario Bros.
01:17:04.000 toy.
01:17:05.000 And then I mention that the Mushroom Kingdom people, like Toad, are cordyceps-infected humans, because the fungus is growing out of their head, it's a joke.
01:17:13.000 And then some guy's like, hey, have you seen The Last of Us?
01:17:16.000 That show's really great.
01:17:18.000 And I was like, yeah, I actually really enjoy it.
01:17:20.000 And then he looks around the table and goes, except for that one episode.
01:17:23.000 And then everyone starts going like, yup.
01:17:27.000 And see, the thing is, you're not allowed to talk politics when you're at the casino at the tables because they don't want any animosity.
01:17:32.000 But there's an episode where there's a lot of gay sex in it.
01:17:35.000 And so, but everyone immediately starts talking about it.
01:17:37.000 Now, the reason I bring it up in this context is the guy then says, I don't understand why movies and shows keep doing this stuff.
01:17:44.000 To me, it was actually astounding to hear because I've been talking about it for 10 years, why we're seeing more and more of this.
01:17:53.000 The reason I bring it up is not to rehash any kind of wokeness, but to point out regular people have no idea what the is going on at all.
01:18:00.000 And I don't blame the guy.
01:18:01.000 He's just some dude who probably works his job.
01:18:03.000 Then he goes to watch his TV shows with the wife.
01:18:06.000 Hangs out on the weekend at the casino and is confused as to why he's seeing gay sex in a TV show.
01:18:10.000 Me, I'm like, oh, I told him.
01:18:12.000 Hollywood is threatened to withhold tax credits from companies unless they put this stuff in.
01:18:16.000 He didn't know that.
01:18:17.000 I think the people who are watching shows like this are the people who probably will survive.
01:18:22.000 Not every single one of you.
01:18:23.000 Sorry.
01:18:24.000 Because I think that would be absurd to say 100% of the Timcast audience will make it.
01:18:27.000 I don't know, but a large proportion, a large portion.
01:18:30.000 Because so many of these people who watch have already said, I've moved away from cities, I've gotten chickens, I've tried to be more self-sufficient and more self-sustainable.
01:18:37.000 That's the kind of attitude you need if you're going to make it.
01:18:39.000 Now, if you really want to guarantee you make it, you just go full prepper.
01:18:42.000 Because the preppers are going to be the one who are laughing in the end.
01:18:45.000 They got nothing to worry about.
01:18:46.000 They got three years worth of beans, you know, frozen or whatever in a sub-basement.
01:18:51.000 The rest of the people in the cities, I don't know, a couple days they'll be drinking blood.
01:18:55.000 I'm not even kidding.
01:18:56.000 You can't drink this.
01:18:57.000 In New York, what's your water supply?
01:18:59.000 If you know where to look, there's actually a creek that goes under the city, and there's this video where a guy hops over like a six-foot wall into a space between a building, and he says they've preserved this stream that used to be here.
01:19:12.000 Okay, great.
01:19:13.000 You got some really dirty and disgusting fresh water.
01:19:15.000 Good luck.
01:19:15.000 Might as well drink the Hudson.
01:19:16.000 Better than the salt water, I guess.
01:19:18.000 No, most people are going to be thirsty.
01:19:21.000 And when all the water's gone, and so first of all, the water pumps aren't going to work.
01:19:25.000 A lot of the water pressure comes naturally because the water comes from an elevated source.
01:19:30.000 So I think up to like, I think New York has a few stories of water pressure, interestingly.
01:19:34.000 But all that's going to fail because it requires systems and maintenance, and one water main breaks, nobody's paying attention to it, no one's working on it.
01:19:42.000 Water shuts down very, very quickly.
01:19:43.000 I think within a few days, water stops working.
01:19:46.000 Then, bottled water is gone.
01:19:48.000 Gatorade is gone.
01:19:49.000 Whatever drinks people have, those are dehydrating you.
01:19:52.000 They're not hydrating you.
01:19:53.000 The sugary drinks?
01:19:54.000 That's all gone within a matter of a few days, not being replenished.
01:19:57.000 Then someone finally says, I'm thirsty.
01:20:00.000 Many of these people start leaving.
01:20:02.000 Shooting starts happening.
01:20:03.000 People are starting to get hungry.
01:20:05.000 The food's going away.
01:20:05.000 A lot of it's spoiling.
01:20:07.000 I would say within a few days, people are drinking blood because there's nothing else to drink.
01:20:13.000 There's no water.
01:20:14.000 What do you do?
01:20:15.000 People are going to become very, very desperate.
01:20:16.000 You'll die within a week with no water.
01:20:19.000 So they'll start walking, but how far can you walk out of New York before you find water?
01:20:23.000 You're not gonna find water.
01:20:26.000 The average person will not do it.
01:20:28.000 Some people will, don't get me wrong.
01:20:29.000 Some people are smart.
01:20:31.000 They'll follow an animal.
01:20:32.000 That's one of the things they do.
01:20:34.000 What they say you do is this.
01:20:36.000 If you find a wild animal, you capture it and make it wait for a little while.
01:20:41.000 I think I learned this on Joe Rogan.
01:20:43.000 Then you release it and chase it down and it will immediately go to its known water source.
01:20:50.000 I think he was talking about how they find water in Africa.
01:20:52.000 They catch a baboon and tie it up.
01:20:54.000 Yeah, baboons.
01:20:55.000 Once it gets really dehydrated, they let it go because they have a secret water source
01:20:59.000 and then it'll run full speed and you just follow it to the water source.
01:21:02.000 Some people are smart enough because they listen to Joe Rogan, they'll know how to do
01:21:06.000 that.
01:21:07.000 The average person is going to go wandering around going, does anybody have any water?
01:21:09.000 Does anybody have any water?
01:21:12.000 It's going to be brutal.
01:21:13.000 Thanks.
01:21:14.000 Buy guns and ammunition?
01:21:16.000 Get out of cities.
01:21:17.000 I mean, you can do a lot- Or fix the fucking world, man.
01:21:21.000 Like, I'm not satisfied leaving the world shittier than it was when I was born.
01:21:25.000 That's not the issue, Ian.
01:21:27.000 The issue is...
01:21:28.000 The world is an imperfect machine.
01:21:31.000 I know, but I just saw you smiling when you were saying, like, how bad it's gonna get.
01:21:35.000 Like, I saw the smile on your face.
01:21:37.000 It's not good.
01:21:37.000 Oh, come on, man.
01:21:38.000 That's disgusting.
01:21:39.000 I'm not bad.
01:21:41.000 Oh, I'm so happy.
01:21:42.000 That's ridiculous that you would imply that.
01:21:43.000 Well, you talk about, like, how fun it'll be to live in a van down by the river.
01:21:47.000 Like, it's not good.
01:21:48.000 That stuff's bad.
01:21:49.000 It's bad.
01:21:49.000 I'm talking about...
01:21:51.000 Enjoying rolling up my sleeves for a hard day's work and getting away from all this stuff.
01:21:56.000 I'm not talking about anything good that comes from people killing each other to drink each other's blood.
01:22:01.000 That's the nightmare scenario.
01:22:02.000 A good thing that's trying to be done is that documentary talked about grid down power up.
01:22:06.000 It's not just a documentary about how bad and vulnerable electric system.
01:22:10.000 David Tice, a producer of it, He talks, so he's got a movement going to try to get people to pressure the politicians and the utility companies to harden our electric grid.
01:22:19.000 We can harden our electric grid.
01:22:21.000 It's not hard to do.
01:22:22.000 It's really not that expensive yet.
01:22:24.000 Some billions of dollars, but compared to the consequences, it's cheap to harden it.
01:22:29.000 So grid down, power up is all about trying to get that done, to get people to fix one of our biggest vulnerabilities, our God, our electric system.
01:22:37.000 As for pandemics, you can't stop H5N1 natural mutations I think our intelligence community probably has been successful in stopping a lot of terrorists doing it.
01:22:48.000 And I'm not going to get into details.
01:22:49.000 I don't know them.
01:22:49.000 I could speculate.
01:22:50.000 That was my career.
01:22:52.000 But I think, I suspect there have been people trying to release H5N1, human-to-human contagious viruses.
01:22:59.000 And our intelligence community around the world, they're very good at finding people like that.
01:23:04.000 So we may have already shut some down.
01:23:05.000 So government may be doing some good in that regard.
01:23:08.000 But you're not going to stop this forever.
01:23:10.000 You're going to have to deal with an H5N1 pandemic.
01:23:12.000 And we should be preparing for it.
01:23:14.000 Which means huge stockpiles of food should be around.
01:23:18.000 Stockpiles of water.
01:23:19.000 The ability to operate when bad things happen.
01:23:22.000 That's what we should be working for.
01:23:24.000 The government's got it for them.
01:23:26.000 They've got Mount Weather, SIDAR, Raven Rock, all these great facilities to keep the top government officials alive.
01:23:33.000 And they ought to be warning the public, there are some bad things coming.
01:23:37.000 We can't stop all of it.
01:23:38.000 You need to prepare to survive a collapse.
01:23:41.000 And they're not doing that.
01:23:42.000 They're dishonest.
01:23:43.000 I'll tell you, when, and I know everybody's heard me say it a couple times, but when I started promoting safeandreadymeals.com, emergency food stuff, this was right at the beginning of the pandemic, the market's collapsing, and a whole bunch of corporate press, leftist publications, started making fun of the idea.
01:23:59.000 How stupid are you to buy emergency food?
01:24:02.000 How embarrassing!
01:24:04.000 And I'm just gonna be like... They're not doing that anymore.
01:24:06.000 This was in the Washington Post for the last few months.
01:24:11.000 The preppers were right.
01:24:12.000 This was in the Washington Post, Bloomberg News, kind of, you know, left-leaning, perhaps, media.
01:24:18.000 They've admitted the preppers were right all along.
01:24:20.000 By the way, this is the picture on the front page.
01:24:23.000 That's Fort Hood Ranch, West Virginia.
01:24:25.000 They showed our facility.
01:24:26.000 We got no credit for it.
01:24:28.000 They didn't list that this was Fort Hood Ranch, West Virginia.
01:24:31.000 Prepping is recognized as being good, but still the government isn't coming out saying H5N1 is a threat, you need to be prepared, and one of the reasons they don't want to do it is they don't want people buying guns, which you absolutely have to have, and especially military-capable guns with large clips, because you've got to deal with marauder threats.
01:24:51.000 So they're not being honest, but even the left recognizing that you do need to be prepared.
01:24:56.000 It was funny when the pandemic was starting and a bunch of liberals were lining up outside of gun stores and there was a viral video of a guy.
01:25:03.000 He said, he was saying something like, stop coming to me and getting mad that I can't sell you a gun.
01:25:09.000 You voted for these laws.
01:25:11.000 So these California liberals walk in and they try to buy a gun.
01:25:13.000 He'd be like, okay, come back in a week and I'll let you know.
01:25:15.000 And they go, what do you mean?
01:25:16.000 I need a gun now.
01:25:17.000 And he goes, Well, you can't have one.
01:25:19.000 You voted for this.
01:25:20.000 It's what you wanted.
01:25:21.000 Now you don't get one.
01:25:22.000 Get a long gun, chambered in 5.56.
01:25:26.000 Get a handgun in 9mm.
01:25:28.000 These are the most common calibers in the country.
01:25:31.000 You need to know how to use these things.
01:25:34.000 Go get training.
01:25:36.000 Get food.
01:25:37.000 It's not super difficult to do these things.
01:25:41.000 And it's not super expensive either.
01:25:44.000 But it's been a long time that a lot of people have been talking about the possibility of Significant consequences or some kind of collapse or whatever.
01:25:55.000 I know there was a bunch of people that bought their first firearm in 2020 during the summer of love and stuff.
01:26:03.000 Get training.
01:26:04.000 Just go out and do it.
01:26:05.000 You're never, you're not going to regret it.
01:26:07.000 It's going to be a, you know, a couple afternoons or a couple days to get training.
01:26:12.000 Just go out and do it.
01:26:13.000 Someone said the judge 45 Cal and 410.
01:26:17.000 And there's also the governor.
01:26:19.000 I have the governor. Oh yeah, fire that thing. Yeah, with four... it's a... what is it, Smith & Wesson, I think?
01:26:24.000 Yeah. It's uh, yeah, chambered. 45 uh... if you use the uh, the moon clips, I think it's
01:26:31.000 they're called, that you can do a 45 ACP, 45 long, or uh, 410.
01:26:35.000 Yeah. Shooting 410 out of that thing, pretty, pretty, pretty crazy. So far, I like the judge, the
01:26:40.000 ability...
01:26:40.000 It's my snake gun.
01:26:41.000 You know, I got the .410 shells that there's a snake, but you got the .45 if it's a marauder.
01:26:47.000 Earlier when I brought it up.
01:26:48.000 Or, or they have buckshot with a slug behind it.
01:26:52.000 So one other thing, I agree with your two, but the third we use is the 12-gauge pump also, because especially if you're in your house or close quarters, and if you're not a good shot, and most people you're going to be scared, you know, it's a lot easier to hit with a 12-gauge when you're shooting that than an AR.
01:27:08.000 Also, guns can have flashlights now.
01:27:10.000 Put a flashlight on it.
01:27:11.000 A semi-automatic shotgun, I think, is better.
01:27:13.000 The recoil on a pump shotgun is pretty intense.
01:27:17.000 So a lot of people, when we would bring them to the range, they'd be like, I'll do the shotgun.
01:27:20.000 It's like, that's actually going to hurt you the most.
01:27:22.000 You're better off doing something... We're trying to help people make it more affordable so you can get a pump.
01:27:27.000 You know, Walmart's not selling them as much as they used to.
01:27:29.000 You can still find some Walmarts that'll sell you a nice pump, you know, Browning or something for $180.
01:27:34.000 You can get a Remington 870 for less than 200 bucks, and they've been making that thing.
01:27:38.000 Or a Mossberg 500, something like that.
01:27:40.000 Those are pump shotguns, and they're super, super reliable.
01:27:44.000 These types of firearms have been around, most of them, have been around for 70 or more years.
01:27:50.000 9mm has been around for decades and decades.
01:27:54.000 5.56 has been around forever and ever and ever.
01:27:56.000 Same thing with .45.
01:27:57.000 These are not new-fangled Things, the operating systems of all your firearms that you're gonna buy, they're a hundred years old.
01:28:05.000 They're not- Yes.
01:28:06.000 You can go and buy these things, you know?
01:28:08.000 While you still have the chance.
01:28:09.000 Yeah.
01:28:09.000 Might I recommend a Caltech KSG-25?
01:28:11.000 Hey there!
01:28:14.000 Holds 25 shotgun shells, two mag tubes, and it can switch between the two.
01:28:19.000 Actually, I don't want to give anyone any advice on any of this stuff.
01:28:22.000 I'm gonna tell you, I have one of these and the reason I think it's really good is not only can it hold 12 shells per magazine tube, The ability to switch between the two, you got 12 in each and then one round ready to go, is that you can put an all one side bird, one side buck.
01:28:39.000 And so, or one rubber and one lethal.
01:28:41.000 So you can flip the switch to the left and then you're all non-lethal and you can flip to the right and now you're lethal.
01:28:46.000 So I think that's actually, you know, tremendous versatility, but that's just me.
01:28:50.000 12 gauge is great.
01:28:51.000 I like that thing a lot.
01:28:52.000 Is that the one that Crowder purchased?
01:28:54.000 No, no, no, that was the Sig M400.
01:28:56.000 Wow!
01:28:56.000 Talk about a beauty of a rifle.
01:28:58.000 So you know I've got like a there's a local shop and I bought a mil spec 556 air 15 and it's nice and then Crowder got me the sig m400 and uh it's just substantially better.
01:29:12.000 You know earlier I was kind of like Tim uh so you're smiling but like I think I know that you want the best for people but I I get concerned about the fantasy of this because I play a lot of video games.
01:29:24.000 I have my whole life like, oh, yeah, survival games and even like a genre now.
01:29:27.000 It's really weird.
01:29:28.000 I'm like you're you're searching through post apocalyptic houses and stuff.
01:29:33.000 It's disturbing to like to fan.
01:29:35.000 I don't want the fantasy to ever like overcome reality and think like that would be good.
01:29:39.000 I'm preparing for that.
01:29:40.000 So let's make that happen kind of thing.
01:29:42.000 I get what you're saying, but I think that we are, at the very least, the fact that we bring up the low survivability rate, the realistic scenario of 1 in 10 people making it more than a year, I think at least we're looking at it in a fairly sober kind of way.
01:30:00.000 Because it's not like we're like, oh man, everything's going to be great and it'll be cool.
01:30:04.000 We are talking about a death rate of 90%.
01:30:07.000 And that's a vector.
01:30:09.000 So, like, you're gonna say 5-10% of the people will be left over after one year.
01:30:13.000 That's an angle on its way down.
01:30:16.000 So you'll imagine there'll be many, many less.
01:30:18.000 Might even be less than 10% of 10% after two years.
01:30:21.000 And we'd like good people to be amongst that 10%, not mainly marauders.
01:30:25.000 But, you know, back to the, you know, the moral issues.
01:30:28.000 You know, we don't think we're gonna get in a firefight at Fortitude Ranch.
01:30:32.000 Because we have cleared lines of defense, walls, guard posts.
01:30:36.000 We're designed to be a survival facility.
01:30:39.000 Some marauder group's going to look at us, and they're going to see every one of our members outside is armed.
01:30:44.000 That's a requirement in a clash.
01:30:46.000 You'll have your weapon.
01:30:47.000 They're going to look at us, and they're going to say, uh-uh, I'm not attacking these folks.
01:30:50.000 They'll leave us alone.
01:30:51.000 So we won't get in a firefight.
01:30:53.000 So we won't be putting our members in a position where they're shooting other people, hopefully.
01:30:59.000 You'll do it with defensive prowess instead of heads on spikes?
01:31:02.000 Correct.
01:31:03.000 Absolutely defensive.
01:31:04.000 We're not an offensive militia.
01:31:05.000 We defend our private property.
01:31:07.000 We've got our farm animals.
01:31:08.000 We've got our food stockpiles, our solar systems, propane generators.
01:31:11.000 We've got everything we need.
01:31:13.000 We'll go out to hunt when it's safe.
01:31:16.000 A little off our property, but we defend our property.
01:31:20.000 And I don't think we'll be attacked, because our defenses are so good, the marauders will go elsewhere.
01:31:24.000 But Ian, why not both?
01:31:26.000 Heads on spikes?
01:31:27.000 Why not both?
01:31:28.000 Only if they're skulls, because the meaty... The skulls are inside!
01:31:31.000 Yeah, but the meat... What if you convert the body of the marauder into a biofuel to run the generator?
01:31:36.000 Only if the head can be on a spike out front, though.
01:31:38.000 I'm going to give the details of our operations manual.
01:31:42.000 If a marauder does attack us and they get killed, we're probably going to lose.
01:31:47.000 Bury their bodies with our tractors and wearing our chem bio suits in case there's a virus threat.
01:31:53.000 We'll bury their bodies in a shallow grave where our chickens can benefit from the worms they produce.
01:31:59.000 We will put them to use to have maximum food production.
01:32:03.000 I don't know if I would want to eat chickens or chicken eggs that came from them.
01:32:06.000 It's the worms.
01:32:07.000 It's the worms eating your flesh.
01:32:08.000 They're perfectly fine.
01:32:09.000 Circle of life.
01:32:10.000 Do you take like one really big sniper tower?
01:32:12.000 Do you have like one really tall tower?
01:32:15.000 I don't want to give out our locations.
01:32:16.000 One of our locations is of a very tall log tower.
01:32:19.000 It's actually the tallest log building in the world.
01:32:22.000 It's five stories tall.
01:32:23.000 Tall log tower.
01:32:24.000 It's not West Virginia.
01:32:26.000 But most of our places, no, we're not tie up.
01:32:28.000 We tend to be like West Virginia or Tennessee location.
01:32:31.000 We're in forests and usually we're surrounded by public forests.
01:32:35.000 So you can't do any really long distance shooting.
01:32:37.000 We're going to clear trees for lines of fire, but it'll be close.
01:32:41.000 Which the other reason why 12 gauge is fine.
01:32:42.000 Yeah.
01:32:43.000 Most of our shooting, I think, will be within 40 yards or so.
01:32:46.000 But again, I don't think we'll have to do shooting at Fortitude Ranch because they'll see, you know, we'll have walls up.
01:32:52.000 We'll be behind walls, guard posts.
01:32:55.000 100 people plus at every location with arms, they're not going to bother us.
01:32:58.000 Because again, if you get shot in a collapse, you know, there's no mass units, there's no helicopter evaluation, there's no hospitals, you're going to die.
01:33:06.000 We have clinics, the marauders aren't going to have that.
01:33:10.000 People don't understand infection is so insanely serious that you get shot.
01:33:16.000 It's not just like, well, I got shot.
01:33:17.000 It's like, oh no, you're likely going to get infected.
01:33:19.000 You better get that out, get it cleaned, and get it taken care of immediately.
01:33:22.000 Yeah, so you should stockpile antibiotics.
01:33:24.000 Who's going to stop you from stockpiling antibiotics?
01:33:26.000 The government!
01:33:27.000 That's right.
01:33:27.000 You can't do that.
01:33:28.000 That's because you need a prescription.
01:33:29.000 Yeah, you got to do it, and government.
01:33:31.000 Government is the biggest barrier to prepping there is.
01:33:34.000 It's horrible.
01:33:34.000 Let's go to Super Chats!
01:33:36.000 If you haven't already, would you kindly smash that like button?
01:33:39.000 And if you like the work that we do, and you want us to keep doing that work, go to timcast.com, click join us, and become a member, because, uh, as we already saw with BuzzFeed, ad rates, ad revenue is dropping...
01:33:51.000 Rather seriously and You know I will say this take care of yourself first and foremost But if you have the means the capability and you like what we do then I would ask you to become a member so that we can keep doing this as well because If it does get really bad in the coming months in terms of financial crisis.
01:34:07.000 Well, then that's us, but you know what?
01:34:10.000 I'm not going to be somebody who's going to tell you to prioritize us over anything you have to do.
01:34:14.000 So make sure your money is going to taking care of yourself, your friends, your family.
01:34:17.000 And then if you actually have the capability and want to support us, then by all means do so.
01:34:22.000 And we'll make it work on our own.
01:34:24.000 As I mentioned, part of me is like, I wouldn't mind getting a van and going living down by the river.
01:34:28.000 But if you like what we do, then support our work.
01:34:31.000 All right.
01:34:31.000 I'm not your buddy, guy.
01:34:32.000 Oh, the first super chat says, history repeats.
01:34:35.000 Only faces and tech change.
01:34:37.000 Summer of Love was our Kristallnacht.
01:34:39.000 January 6th was our Reichstag.
01:34:41.000 Socialists are on the march again with matching uniforms, symbols, and violent ideology.
01:34:45.000 Yikes.
01:34:46.000 Yeah.
01:34:46.000 Oof.
01:34:48.000 Sideway says, just learned today that my credit union has a DEI initiative.
01:34:52.000 How worried should I be?
01:34:54.000 I am gonna take a look into our financial institutions.
01:34:58.000 So we have a couple different ones that we use.
01:35:01.000 One of them is a very local one, which I have the most confidence in, so.
01:35:07.000 Alright, let's grab some more.
01:35:10.000 Yeah, I think we'll do more of the congressional shows.
01:35:12.000 was top.
01:35:13.000 Deaf worth a second watch.
01:35:14.000 More please.
01:35:15.000 And but of course, the SVB bailout happened while still no bailout for the people of East
01:35:20.000 Palestine, Ohio.
01:35:21.000 No civil war, yes revolution.
01:35:23.000 I agree.
01:35:24.000 Yeah, I think we'll do more of the congressional shows.
01:35:26.000 The issue is, what Matt Gaetz was saying is that Friday morning at 10 a.m.
01:35:31.000 was when everybody did their last vote and they immediately fly out and leave.
01:35:36.000 Nobody wants to drive an hour out of D.C., then back, then get on a plane at midnight.
01:35:41.000 But he convinced Rep.
01:35:42.000 Bishop to hang out.
01:35:43.000 And so for us, it's like, dude, we will gladly take a drive down to the Capitol and do a show from congressional offices.
01:35:49.000 That's amazing and fun.
01:35:51.000 We'll just try and make sure the audio works next time.
01:35:53.000 But, uh, because, you know, two for two, two for two, but it wasn't that bad.
01:35:56.000 Actually, I watched it back and it was just like, it was, it was, it was kind of weird.
01:36:00.000 Something happened where the, like we have the mics really close, but it was like the mics were hypersensitive.
01:36:07.000 Well, do you want me to explain what it was?
01:36:09.000 What was it?
01:36:11.000 For everyone that's, you know, giving me all this audio tips, like, I don't know what I'm doing.
01:36:14.000 Like, I'm not a professional.
01:36:16.000 We were running a line out into a mic in, so that extra 6 dBs was really difficult to deal with, and just keeping the right distance from the microphone.
01:36:24.000 It worked sometimes, but it won't happen again.
01:36:26.000 It needed to be pulled out or something.
01:36:29.000 Yeah, potentially.
01:36:30.000 Yeah, whatever.
01:36:31.000 But it was fun. It was fun.
01:36:32.000 So I'll definitely do more than that.
01:36:33.000 Apparently we made a bunch of news because Bannon said something about Elon.
01:36:36.000 Elon fired back and...
01:36:37.000 Woo!
01:36:38.000 All right.
01:36:39.000 Raymond then says, Tim, these spot-on guests lately, are you a fed?
01:36:43.000 I- I- I- No, this is a thing that we've done consistently for some
01:36:47.000 reason.
01:36:48.000 We have guests sometimes that just land perfectly in the news cycle.
01:36:52.000 So we have Drew Miller, he, the CEO of a disaster preparedness recreational facility, basically like a prepper company, if I'm being a little bit crass.
01:37:01.000 And scheduled to come on a day, literally the first day for news, after major banking collapses and everyone's worried the financial system's going to implode.
01:37:08.000 And they're like, did you plan this guy to be here and talk about this stuff?
01:37:11.000 And it's like, oh, it just sort of happens, I guess.
01:37:15.000 But also, I mean, look, to be honest, the H5N1 stuff, that was, we were talking about that a month ago, you know, and we're still here talking about this breaking update on it.
01:37:22.000 So, you know.
01:37:25.000 Alright, we'll grab some more.
01:37:27.000 Pat Meadows says, every Tomahawk missile has 30 pounds of silver in it.
01:37:31.000 So every time a missile is fired, that silver disappears.
01:37:34.000 Buy silver!
01:37:35.000 And Super Chats!
01:37:36.000 That's right, thank you.
01:37:37.000 And also, we have news on the Discord.
01:37:41.000 So, um, it is nearing completion.
01:37:43.000 We are going to have active staff who are running it.
01:37:46.000 The idea is... Here's the challenge we ran into.
01:37:49.000 We don't want to get banned.
01:37:50.000 But people will come and try and sabotage it.
01:37:53.000 So what we're going to do is, we were at first advised to do a paywalled thing so that, you know, weirdos who want to sabotage you won't want to pay to get in.
01:38:03.000 And then we're like, yeah, but that means like our regular members who can't afford it aren't able to come in.
01:38:08.000 So the idea is going to be, if you're a member for at least six months of the website, if you already have that in your track record or whatever, you're instantly in the call-in suite.
01:38:18.000 So we have like, as soon as you're a member, you get access to the basic lounge.
01:38:22.000 After six months, the door opens for the VIP lounge where you can ask to do call-ins and talk on the show, or If you're signing up as a new member, it's $25 to instantly get access to that room because we didn't want to make it just paywalled, but we didn't want to have it so there was no gate because then people will come in and screw with us.
01:38:43.000 And then we're going to do an elite membership club thing that we're trying to figure out where it's like $100 a month for a VIP room where we'll figure something out.
01:38:52.000 I don't know.
01:38:54.000 That just seems like a good idea because the $100 a month one is going to be more like a club with more perks and benefits than just the lower tier rooms.
01:39:00.000 Like maybe even access to the club at the new coffee shop we're building.
01:39:04.000 Something all-inclusive and community building and like something like that.
01:39:07.000 But we'll figure it out.
01:39:08.000 But we got to do all the development for it.
01:39:11.000 So we've got to set it up so that it can integrate with the website.
01:39:13.000 That stuff takes time.
01:39:15.000 But I'm hearing good things about it being ready to go.
01:39:17.000 So at about 10.10 we're going to do a members-only live portion of the show.
01:39:22.000 At TimCast.com, it'll appear on the front page.
01:39:25.000 There is a comment section where you can comment, but we're building out the Discord so that you can chat in real time and we can talk.
01:39:32.000 And then, in that uncensored show, even pull in people to have you all talk on the show and ask the guests a question or ask us questions.
01:39:40.000 I'm really excited for that.
01:39:41.000 I think it'll be really, really interesting.
01:39:42.000 But we're trying to figure it out.
01:39:45.000 All right, let's grab some more.
01:39:46.000 Michael says, Tim, you're wrong about kidney donors.
01:39:48.000 They live a normal life just with one kidney.
01:39:51.000 The donated kidney has a 15-year life expectancy, but it can last longer.
01:39:55.000 I have a transplanted kidney and pancreas in October.
01:39:58.000 It'll be three years.
01:39:59.000 God bless.
01:40:00.000 I appreciate it.
01:40:01.000 So I think what I was trying to say is, right, if you're only on one kidney, my understanding is there's restrictions.
01:40:07.000 You can't drink.
01:40:08.000 There are certain things you've got to be careful of.
01:40:09.000 You've got to watch your diet, stuff like that.
01:40:12.000 What the hell?
01:40:12.000 This study shows that people who donate a kidney outlive the average population.
01:40:16.000 What?
01:40:17.000 20 years after donating, 85% of kidney donors were still alive.
01:40:20.000 Expected survival rate was 66%.
01:40:22.000 I'm not sure.
01:40:23.000 Could it be because they're like, if you eat too much of this or drink, you will die?
01:40:26.000 And they go, okay, I'm going to be really healthy.
01:40:28.000 It's self-selection bias.
01:40:29.000 You can't donate unless you're in really good health.
01:40:32.000 Right.
01:40:32.000 Yeah.
01:40:34.000 All right.
01:40:35.000 Alessio De Monte says, the FDIC issue is that it can take up to three months.
01:40:39.000 In the end, you will get up to $250,000 back, but how will you live in the meantime?
01:40:43.000 That's tough.
01:40:44.000 That's tough.
01:40:47.000 Lou Kuva says, this feels like government beginning to take over banks so they can start cutting people off who don't toe the line.
01:40:53.000 No, that was probably a long time ago, to be completely honest.
01:40:56.000 Yeah, I mean, 2008 was way worse, but we'll see.
01:40:58.000 We'll see.
01:40:58.000 The second and third biggest collapses happening back to back is kind of worrying.
01:41:03.000 Sean Ryan says, Credit Suisse is next to fall, global market next.
01:41:07.000 Do you want to look that up?
01:41:08.000 Yeah.
01:41:09.000 They've been troubled a long time.
01:41:11.000 Yeah.
01:41:12.000 That's scary.
01:41:13.000 Whoa.
01:41:16.000 SimBurns says, Phil, I remember your Halo 3 MySpace multiplayer video of 15-0.
01:41:22.000 You're still a Halo legend before anything else to me.
01:41:24.000 Remember Reach and OG Bungie?
01:41:26.000 Oh god, I love Halo.
01:41:28.000 I love Halo.
01:41:28.000 You ever play Destiny?
01:41:30.000 I literally was playing Destiny right before I left the company.
01:41:33.000 Oh really?
01:41:34.000 Lightfall is the new one that came out?
01:41:34.000 Oh yeah.
01:41:35.000 Yeah.
01:41:36.000 Really?
01:41:37.000 I played it when it first came out.
01:41:38.000 I played it all through Until, what was the last one I played?
01:41:42.000 The one where the darkness finally got released.
01:41:45.000 Okay, yeah.
01:41:46.000 Which one was that?
01:41:47.000 That was, no, I don't remember what it was called, but that was after they started doing the seasons and stuff.
01:41:52.000 Yeah, that was the last one I played.
01:41:53.000 Yeah, I think it's still worth your time.
01:41:56.000 I mean, it does get a little too grindy where it's just constantly doing the...
01:42:02.000 Daily grind and stuff like that, but destiny I like destiny one better because the PvP was all slide shotguns
01:42:08.000 You would just slide and then boom shotgun and you'd take them out and then in destiny 2 they're like we're gonna
01:42:13.000 Like nerfed it. Yeah nerf the shotguns and make it more about your primary and then it's like
01:42:19.000 Let's play overwatch now. There's and you can carry have three guns. Yes, apparently the other one
01:42:24.000 You can only have two or something like that. You know, it's at three
01:42:26.000 I never guess anyone light special and it didn't make sense in part one why something was special and why something was
01:42:32.000 primary But now they've kind of figured that out. Yeah, and now
01:42:35.000 heavy weapon ammo and stuff I don't know. I haven't played part two in a while. But you
01:42:38.000 know destiny was a really good game It sucks because in the beginning, there were fun things people discovered, and they got rid of it all.
01:42:45.000 Like, you used to be able to go through walls using the sparrow.
01:42:48.000 Yeah, and there were parts of the game world they had made that they didn't open, and we would go into these discontinued areas that, like, didn't get released.
01:42:48.000 Oh, really?
01:42:59.000 And it was fun.
01:43:00.000 And then they would warn you, like, we will ban your account if you keep doing this.
01:43:02.000 And I was like, do it then!
01:43:04.000 You don't get my money.
01:43:04.000 I don't care.
01:43:05.000 I'll make another one.
01:43:06.000 It was fun.
01:43:07.000 Now you can't do it anymore.
01:43:08.000 It's a bummer.
01:43:09.000 I couldn't confirm anything about Credit Suisse except that its shares are at an all-time low as of like 15 hours ago.
01:43:15.000 Hillbillary Clinton says, Tim, start your own bank.
01:43:18.000 I already gave you a ton of my money because I'm trying to fund the Timpire.
01:43:22.000 I really do appreciate that.
01:43:23.000 I think maybe Jeremy Boring needs to create his own bank.
01:43:27.000 The Banking Wire.
01:43:28.000 That's a good name.
01:43:29.000 The Banking Wire?
01:43:30.000 Like, it's a good name.
01:43:31.000 You know what I mean?
01:43:32.000 The Banking Wire.
01:43:34.000 Or Jeremy's Bank, I guess.
01:43:36.000 I gotta be honest, if Jeremy Boring started a bank right now, I would immediately move all of our corporate stuff right into it.
01:43:43.000 I don't know that he could.
01:43:44.000 John Rich is, though, so we should definitely look into that.
01:43:48.000 One thing I'm really interested in, though, is all local stuff.
01:43:51.000 So there are some local banks that are just West Virginia banks that I'm really interested in, and we are working with one.
01:43:56.000 I would much rather see all of the money... Here's what I'm saying.
01:44:00.000 When y'all give money to TimCast.com as a member, That money doesn't just, like, go into pockets.
01:44:07.000 It gets spent in West Virginia and MAGA country.
01:44:11.000 It means that the people who live out here are going to the grocery store where there's a guy waving a little Trump flag and they're handing him the $10 for the pack of beer.
01:44:19.000 That guy now has money to buy other things.
01:44:21.000 Basically, I want to build up local economy out here where the people are better.
01:44:26.000 And I mentioned being in the casino because I go there all the time.
01:44:29.000 And a guy asked, he's like, you from around here?
01:44:31.000 And I'm like, no, I'm from Chicago, but I live here now.
01:44:34.000 And he goes, oh, okay.
01:44:35.000 And I was like, better people.
01:44:36.000 And he goes, yeah.
01:44:37.000 And like I said, you're not allowed to talk politics at the poker table.
01:44:40.000 And I was like, if you know what I mean.
01:44:42.000 And he goes, I probably do.
01:44:43.000 And I was like, I can't say exactly what I mean at the poker table, but I got an American flag at my house.
01:44:48.000 And he's like, yup.
01:44:49.000 Like we all know exactly what we mean.
01:44:52.000 Cause there's some weirdo people who don't like American flags.
01:44:54.000 That's like half the country at this point.
01:44:56.000 Anyway, let's read some more.
01:44:59.000 All right, this is a good one.
01:45:00.000 P. Diddle says, too woke to fail.
01:45:03.000 Yep.
01:45:05.000 Oh, here's a good one.
01:45:05.000 Joshua Carlisle says, PBD podcast pulled up FDIC balance sheet showing they only have enough to cover 1.26 of the 9.9 trillion in deposits countrywide.
01:45:17.000 Okay, but SVB doesn't have that much.
01:45:21.000 So it would have to be a run on every single bank.
01:45:24.000 Look, all I'm hearing from people is that they're pulling money out.
01:45:28.000 Every person I've asked, every person I've talked to since we've heard about this news, they go, are you pulling your money out?
01:45:34.000 Are you gonna pull your money out of the bank?
01:45:35.000 And I'm like, are you asking me this because you are going to?
01:45:39.000 Because me, I'm not doing anything.
01:45:41.000 Like, I'll pull out some cash.
01:45:43.000 There's no way I can pull out all the cash.
01:45:46.000 But I'm hearing tons of people being like, yup, went out and pulled up the max.
01:45:49.000 And I've also heard from some people saying they tried to and weren't able.
01:45:52.000 I don't want to name who those people are, but, you know, some prominent people.
01:45:56.000 You know, the other reason why I don't think there's any likelihood of a bank run in depression analogies don't work is, you know, most people don't use cash.
01:46:04.000 I have almost nothing on me.
01:46:05.000 I use credit cards.
01:46:06.000 So your credit card's still going to work, even if, you know, there's a bank run.
01:46:10.000 But, you know, there's no reason for a bank run unless people are rational.
01:46:13.000 Can that happen?
01:46:14.000 Absolutely.
01:46:15.000 We ought to be assuring people, don't worry, you don't need to take your money out, your bank money's insured, but we again shouldn't be bailing out the people who've got huge amounts of money invested in bad investments, and now we're going to pay the price to save them.
01:46:29.000 Did you know that you can buy a 55-gallon drum of 5.56 ammo?
01:46:35.000 How much does that cost?
01:46:36.000 Like 10 grand.
01:46:37.000 Wait, say that one more time.
01:46:38.000 You can buy a 55 gallon drum of 5.56.
01:46:41.000 Where?
01:46:42.000 From Brownells.
01:46:43.000 Brownells, huh?
01:46:44.000 Put a bookmark on that.
01:46:45.000 I'll send you the link.
01:46:48.000 55 gallon drum of 5.56.
01:46:49.000 Green tip.
01:46:51.000 Don't let that catch on fire.
01:46:53.000 Steel core.
01:46:53.000 Oh man.
01:46:55.000 Steel core?
01:46:56.000 Steel core, green tip.
01:46:57.000 I don't know if you want that though.
01:47:02.000 Green tip through a 20 inch barrel is going to vibe check anybody's armor.
01:47:06.000 20 inch barrel with a 5.56 is one of the meanest bullets you're going to find.
01:47:09.000 It's a five-tick helicopter.
01:47:10.000 20-inch barrel with a 5.56 is one of the meanest bullets you can find.
01:47:16.000 So anyways, I like 11 and 1⁄2 inch barrels, but that's just me.
01:47:21.000 Go ahead.
01:47:23.000 All right, Tim Sprague says, I started native homesteading for the modern day homesteader to buy and sell products.
01:47:28.000 I started this because you told us to get out of the city.
01:47:30.000 Very, very cool.
01:47:31.000 Native homesteading.
01:47:33.000 Yeah, I certainly recommend it.
01:47:35.000 We've got a lot of work going on at the new property for the new headquarters, and we're trying to get a bunch of infrastructure built like internet, but the materials are all in short supply, so it's taking forever.
01:47:47.000 It really has been crazy over the past couple of years.
01:47:49.000 But, uh, I'm really excited.
01:47:52.000 I'm really excited for the new HQ.
01:47:55.000 Alright, where we at?
01:47:56.000 Hayden75 says, is this the Black Swan event that could cause the collapse?
01:48:00.000 No.
01:48:01.000 A Black Swan event is something that can't be seen.
01:48:03.000 We have watched this train barreling down the tracks since 2007, at least.
01:48:07.000 Yeah, but the average person doesn't!
01:48:09.000 The average person is like...
01:48:11.000 Who's Joe Biden?
01:48:12.000 And you're like, oh heavens.
01:48:14.000 And you can't, you know, what do you do, man?
01:48:16.000 What do we got here?
01:48:17.000 We got another slide?
01:48:17.000 Yep, black swan.
01:48:19.000 The black swan.
01:48:19.000 What does this say?
01:48:20.000 Well, it doesn't say it's an unforeseen event.
01:48:22.000 People warn about black swans.
01:48:24.000 The thing is, you cannot compute a probability, just like we cannot compute a probability of H5N1 naturally mutating into human-human transmissible.
01:48:33.000 You can't.
01:48:34.000 There's no data to do it.
01:48:35.000 We can't compute the probability of you know, artificial intelligence leading to a collapse. There's no data for it
01:48:42.000 So you can't compute probabilities, but you can foresee these things happens
01:48:46.000 There's usually experts warning about them But we normally ignore the warnings and we're so focused on
01:48:52.000 having statistics and probability and and assuming it's a normal distribution
01:48:56.000 That's what Nassim Taleb wrote about in the Black Swan that we're suckers for Black Swan events
01:49:01.000 So we need to pay attention to the warnings.
01:49:05.000 Don't try to calculate a probability of an unforeseen event.
01:49:08.000 It hasn't happened before.
01:49:09.000 You can't calculate a probability.
01:49:12.000 So you need to be watching out for him.
01:49:13.000 And if you watch out for a black swan, you can be prepared for it and you can survive if it's a collapse, or you can make money as Nassim Taleb does as an investor.
01:49:22.000 How much of like the H5N1 is hysteria?
01:49:26.000 Because I just got the last three years of people telling me COVID was going to kill me.
01:49:30.000 And it's like, I'm so burnt out on that.
01:49:32.000 A completely different COVID-19 from day one.
01:49:35.000 There was a Harvard medical in our in our Fortran newsletter when it first came out we said this is not the collapse from a pandemic we've been worrying about.
01:49:43.000 This is not it because there was a Harvard medical studies early out saying The lethality of this is way below 1%.
01:49:51.000 Way below 1%, you don't need to worry about it.
01:49:54.000 It's not going to stop people from going to work, unless the government makes you do it.
01:49:58.000 It's not going to cause a collapse.
01:49:59.000 This is 60% lethal with H5N1 amongst humans.
01:50:03.000 Now when the virus mutates, that could change.
01:50:06.000 But it doesn't need to be, anything double-digit is what we say, that's going to stop you from going to work.
01:50:12.000 Because policemen, for example, if there's even a low 20% probability avian flu variant, if you go to work, it's not just a 20% chance you'll die, it's a chance you're going to bring that virus home now.
01:50:24.000 If you've got a couple kids, one of them will die.
01:50:28.000 Of the 60% of people that die, 99.99% are obese or something like that?
01:50:33.000 No, it's just, that's the total count.
01:50:35.000 We haven't had many human-human fatalities from avian flu, so it's a complete census of the deaths, and it's a 60% lethality rate.
01:50:41.000 Now, it could be a little bit lower if they've completely missed some cases.
01:50:46.000 His point about police officers and stuff like that is extremely important.
01:50:51.000 People forget that whatever the situation is that's going on that's causing civil unrest, if it's bad enough where cops decide, I'm staying home to protect my family, That's the line where everything just falls to shit.
01:51:10.000 You can have society limping along if you have people that are still going out and trying to keep society functioning properly.
01:51:21.000 Once people start saying, no, I'm not going to do my job, And you're talking about the infrastructure jobs like police, fire, etc., and EMS.
01:51:29.000 Once those people decide, I'm staying home to protect my family, that's when all bets are off.
01:51:34.000 That's when everything falls apart.
01:51:35.000 Or if there's too many people looting and creating violence at once.
01:51:39.000 You saw that in Portland.
01:51:41.000 Even if the police are out, if there's a lot of people causing violence, you can't stop it.
01:51:46.000 There's just too many people to stop.
01:51:49.000 Let's read some more Super Chats!
01:51:52.000 All right, what do we got here?
01:51:53.000 Jesse B says, the irony is if the diversity manager had diversified their funds, they wouldn't have been hit so hard.
01:51:58.000 Ha ha!
01:52:01.000 I was just checking my messages.
01:52:03.000 There's a new PragerU video out featuring me.
01:52:05.000 Oh, I saw, I saw.
01:52:06.000 Yeah, so you guys, you should check that out.
01:52:08.000 I think it's on their YouTube.
01:52:09.000 I need to check.
01:52:09.000 I just saw the message.
01:52:11.000 But yeah, I filmed with them and we talked about fake news and I think something else.
01:52:16.000 It was great.
01:52:17.000 Your question, how many times does someone have to lie to you before you consider them a liar?
01:52:21.000 Yeah, we worked together on putting it together.
01:52:25.000 I gave them a bunch of bullet points and ideas.
01:52:27.000 They wrote up like a bunch, they like framed it out for their video style and then I came back and then, you know, we went back and forth on writing out a script.
01:52:35.000 It was really, really cool.
01:52:36.000 Then I sat in a weird room and there was a big screen behind me and then I said a bunch of words from a teleprompter.
01:52:43.000 It was fun.
01:52:44.000 It was really good though.
01:52:46.000 Yep.
01:52:47.000 Alright!
01:52:49.000 Number one American Rob says, Tim, you convinced me that West Virginia is a good spot to ride out the downfall.
01:52:53.000 I'm a maintenance guy, sustainable gardener, and have experience in live events plus more.
01:52:57.000 Do you have any jobs open for a guy like me?
01:52:59.000 Yes!
01:53:00.000 Email jobs at- I think it's jobs at timcast.com?
01:53:04.000 And I'll write down your name.
01:53:07.000 We have a job opening, too, in West Virginia.
01:53:09.000 We're looking for a ranch manager.
01:53:11.000 So if you've got military or law enforcement officer experience, and especially if you also have some construction skills, because we do a lot of building, just go to our website, 14ranch.com, email me, manager at 14ranch.com.
01:53:24.000 We're hiring in West Virginia.
01:53:26.000 Also, Tennessee is looking for a ranch manager, too.
01:53:29.000 We're opening a new location there.
01:53:30.000 And then New York is coming.
01:53:32.000 New York!
01:53:33.000 We're opening more franchise locations in New York, not New York City, well out of New York City, a couple hours outside to the north and a little bit west we'll be opening New York there.
01:53:42.000 So if you've got a really great prepper facility or an RV park and you're interested in joining the Fort Hood Ranch system, we're expanding now by franchising and it's a great way for you to help get help with your sales and operations and everything else.
01:53:57.000 Right on.
01:53:57.000 I also do think West Virginia is a great place.
01:53:59.000 The land is inexpensive.
01:54:02.000 It's very close to a bunch of major urban centers, a couple hours drive, depending on where you're at.
01:54:07.000 And it's an opportunity to grow an economy around people who are good people.
01:54:14.000 And I have to wonder why that is.
01:54:15.000 Why it is that I can go out into West Virginia and be more likely to meet someone who knows a little bit about politics than New York City.
01:54:23.000 In New York City, they'll believe fake things.
01:54:26.000 In West Virginia, they will believe correct things.
01:54:28.000 Not everybody, not completely.
01:54:30.000 I'm saying things like Donald Trump.
01:54:32.000 You go to New York, they're like, Donald Trump praised neo-Nazis.
01:54:35.000 You come out here and they're like, yeah, no he didn't.
01:54:36.000 I watched that video.
01:54:37.000 I'm like, there's a tendency among people out here.
01:54:40.000 It's good people, you know?
01:54:41.000 West Virginia has one of the highest rates of military membership per capita.
01:54:46.000 You want to guess what area has the worst rate of military participation per capita?
01:54:51.000 New York.
01:54:52.000 The District of Columbia is the answer.
01:54:55.000 I'm not surprised.
01:54:56.000 Oh, that's not surprising.
01:54:59.000 Yep, yep, yep.
01:55:01.000 All right, here we go.
01:55:02.000 Legama Thagayan says, as a doctor, I understand the rationale for gain-of-function research and I support it.
01:55:08.000 It should be done on a sinkable floating platform in the ocean, hermetically sealed from the outside with a skeleton crew of workers who live there, not in a huge city like Wuhan.
01:55:17.000 Right, or like on top of a mountain.
01:55:19.000 They do, it's, uh, um, BSL 4, biosecurity level 4.
01:55:24.000 And that's supposed to be, like, the best security.
01:55:26.000 There's four layers, but it's like, come on, man.
01:55:29.000 Someone gets bitten by a bat, and then they leave, and there you go.
01:55:35.000 All right, where are we at?
01:55:38.000 What do we got here?
01:55:39.000 I don't know!
01:55:39.000 B says, Tim, you often say history rhymes.
01:55:41.000 Bear Stearns failed in March of 08, and by September Lehman Brothers collapsed, ushering
01:55:45.000 the financial crisis.
01:55:47.000 Will we see something similar to that later this summer?
01:55:51.000 I don't know.
01:55:52.000 I don't think that the people that own the biggest banks would be sad if there was another
01:55:56.000 bank consolidation, so don't write that one off.
01:56:00.000 Yep.
01:56:01.000 I mean, it is different.
01:56:02.000 It's like previously we're talking about value that wasn't there.
01:56:07.000 You know, when we're talking about these, what's the word, subprime mortgages, it's not the same situation it was in the past.
01:56:13.000 It's different.
01:56:14.000 There's different problems.
01:56:15.000 It's not going to be the same as 08.
01:56:17.000 We have to see.
01:56:18.000 Frankly, none of us know what's going to happen.
01:56:21.000 Jareth Hogan says, so Tim, are you going to bring back free chat like you said?
01:56:24.000 Yes!
01:56:25.000 So, two issues.
01:56:27.000 First was, we get a lot of people complaining that there's no live chat for the show because it was just flooded.
01:56:33.000 Moving too quickly.
01:56:34.000 And when people say they couldn't even read it, it moved too fast.
01:56:37.000 So then we were like, let's do subscriber-only chat.
01:56:39.000 And then with subscriber-only chat, it mitigated some of the problem, but still moved too quickly.
01:56:43.000 Eventually, we were like, let's do time-gated subscriber-only chat.
01:56:47.000 You can only post every X amount of seconds.
01:56:49.000 Still didn't work.
01:56:51.000 Still got spam.
01:56:52.000 Too many people.
01:56:53.000 Still got people saying, I wish we could chat during the show.
01:56:56.000 So I said, let's do members-only chat.
01:56:58.000 The problem then is, now you've got TimCast.com membership and YouTube membership, and we don't really care about YouTube membership.
01:57:05.000 We just needed a way to create a chat that people could actually read.
01:57:09.000 So then someone gave us the idea of doing a Discord, which then combines TimCast.com with the chat.
01:57:16.000 So it's actually cheaper for you, better for us, brings the free chat back, solves a lot of the problems.
01:57:22.000 The challenge, however, is really easy to get banned from.
01:57:25.000 So that means we have to work out a system that makes sense.
01:57:28.000 So the idea is, if you're a member at TimCast.com, the moment you sign up, you get access to the TimCast lounge in our Discord server.
01:57:35.000 And there's going to be rules.
01:57:36.000 The purpose of the Discord server is for having conversations around the news stories we're covering.
01:57:40.000 And we try to keep the vibe in there similar to the show, meaning Don't come into the Discord just to be mean.
01:57:48.000 Come in with a real argument and a concern.
01:57:51.000 And if your concern is an ideology or a lifestyle, make your approach argumentative and academic instead of just calling someone names.
01:57:57.000 Because we don't want that.
01:57:59.000 That's not the level of conversation we want to have.
01:58:01.000 Then, after six months of being a member at TimCast.com, you instantly upgrade to the VIP lounge where you can go into voice chat.
01:58:08.000 And we use voice chat for call-ins on the show.
01:58:11.000 Or, if you sign up at TimCast.com for $25, you go into the VIP lounge.
01:58:15.000 We wanted to make sure that there was a way to gate out people who would exploit the system and harass and cause problems, but we didn't want to make it pay-oriented because then some people wouldn't be able to get in.
01:58:24.000 So they were like, time or pay?
01:58:25.000 I said, why not both?
01:58:27.000 So some people can pay, some people can just wait, and that's probably the best way to do it.
01:58:32.000 And then I think, obviously, if you're a $25 member for 10 months, then you just downgrade back to $10 or whatever and you're in the VIP lounge anyway.
01:58:39.000 So, you can just sort of pass the gate or whatever.
01:58:42.000 I don't know, we're trying to figure it out, man.
01:58:44.000 There's no simple answers.
01:58:45.000 Obviously, I wish everything could be free and we could make money in other ways, but it's just not possible.
01:58:49.000 We're not commies, we're capitalists.
01:58:51.000 Alright, where are we at?
01:58:52.000 Let's grab a couple more.
01:58:55.000 Tien says, second time I'm super chatting this, look up Operation Hardtack.
01:58:58.000 Low-yield nuke delivered by balloon at 85,000 feet.
01:59:03.000 It was a test for EMP effects.
01:59:05.000 China sent a balloon to test the jet stream and our response.
01:59:09.000 We talked about that before, I think.
01:59:10.000 I'm pretty sure.
01:59:11.000 It was in 1958.
01:59:13.000 Send a balloon over with an EMP.
01:59:15.000 Tony Tai says, great guest tonight, Tim.
01:59:17.000 Well, I certainly think so.
01:59:18.000 There you go.
01:59:19.000 Alright, let's grab a couple more.
01:59:21.000 Here we go.
01:59:22.000 Sanayo Karizume says, Tim, I work with U.S.
01:59:25.000 Bank.
01:59:26.000 Think it's a good idea to withdraw some funds before it hits them?
01:59:29.000 Yeah, I have no idea.
01:59:30.000 I'm not a financial guy.
01:59:31.000 I can't give you any advice.
01:59:32.000 I can only tell you that I don't think people going on TV and saying everything is fine is going to convince anybody after 2008.
01:59:40.000 And, I mean, that's a challenge.
01:59:42.000 You go on a show like this and say the end is nigh, get your money, and then you cause the collapse.
01:59:47.000 You come on the show and lie, everything's fine!
01:59:51.000 And it's like, who's gonna believe you?
01:59:53.000 So the real answer is, look man, you make a decision for yourself, I ain't gonna tell you what to do, I'll tell you what I'll do.
01:59:57.000 You know, move out of cities, get some chickens, get some emergency food, because if in the end nothing happens, I got some food and I got some chickens.
02:00:07.000 Sounds like a good life.
02:00:08.000 And then if it really is the worst case scenario and the collapse happens, I am thankful I have food and chickens.
02:00:13.000 That's just me.
02:00:16.000 All right, what do we got?
02:00:17.000 What do we got?
02:00:19.000 Manipple says, microtransactions are great.
02:00:21.000 More paywalls.
02:00:23.000 Well, we're trying to reduce the paywall.
02:00:25.000 We're trying to, we'll have the free chat on YouTube and then the Discord chat for members.
02:00:29.000 That way, I, I, this, this works.
02:00:31.000 We, we want to create more things that members get so that your 10 bucks goes further instead of just the uncensored show.
02:00:36.000 So you'll get both.
02:00:37.000 You'll get both.
02:00:38.000 How about that work?
02:00:38.000 How about that?
02:00:39.000 All right.
02:00:40.000 That's a hot take.
02:00:41.000 All right.
02:00:42.000 Fire Sky says, what about Gilded if Discord doesn't work out?
02:00:44.000 I guess that's a Roblox or something.
02:00:46.000 Yeah, Gilded is Roblox.
02:00:48.000 So it's probably, we were told it was worse.
02:00:50.000 Yeah, potentially.
02:00:51.000 Alright, last one.
02:00:51.000 Daniel says, I know Discord chat is already in development, but would it be possible to use Gilded instead?
02:00:56.000 Pretty much the same thing from my limited look.
02:00:58.000 But we heard that the censorship is actually worse.
02:01:01.000 All right, everybody, but we're getting to it, and we will hopefully have it set up.
02:01:05.000 So smash that like button if you have not already.
02:01:07.000 Subscribe to this channel and share the show with your friends, because that is the most powerful way that podcasts actually succeed and grow is word of mouth.
02:01:15.000 And also become a member at TimCast.com to help us keep the lights on, keep doing the work we do.
02:01:22.000 It's an interesting business model we have.
02:01:23.000 You get the show for free.
02:01:25.000 Fine.
02:01:26.000 And then we hope that some people like the show enough that they're going to pay ten bucks a month for the after show, and that funds everything.
02:01:32.000 But if at any point that doesn't work, I don't know.
02:01:34.000 I don't know what we'd do.
02:01:35.000 The model seems to be working for now, but with ad rates dropping, it's like we're trying to find other ways to generate revenue to keep the company growing, expanding, because I want to win a culture war.
02:01:45.000 So we got the coffee shop, we got a bunch of stuff we're working on.
02:01:47.000 So, The live, uncensored show will be up in about 10 minutes.
02:01:51.000 Check that out at TimCast.com, members only.
02:01:53.000 You can follow the show at TimCast IRL.
02:01:55.000 You can follow me personally at TimCast.
02:01:57.000 Drew, do you want to shout anything out?
02:01:59.000 Again, we just appreciate your interest in Fortitude Ranch.
02:02:02.000 We're looking for ranch managers in some areas.
02:02:05.000 We're expanding with franchising, and if you don't do Fortitude Ranch, that's fine, but do get your weapon as you've been advised, and be prepared, because collapse could happen tomorrow, not just from H5N1 or electric system, but almost any cause.
02:02:19.000 It happens historically.
02:02:20.000 It's going to happen to us, and we're a lot more vulnerable now than we've been in the past.
02:02:25.000 Right on.
02:02:26.000 I am PhilThatRemains on Twitter.
02:02:28.000 I am PhilThatRemainsOfficial on Instagram.
02:02:32.000 Give me a follow.
02:02:33.000 And I'm Ian Crossland.
02:02:34.000 Follow me at IanCrossland.net.
02:02:35.000 Anywhere on social media, at Ian Crossland.
02:02:37.000 Drew, thanks.
02:02:38.000 FortitudeRanch.com is where people can go to find you.
02:02:41.000 And then also this documentary, Grid Down, Power Up.
02:02:44.000 I'm looking forward to looking at that.
02:02:45.000 It's a good grid.
02:02:45.000 Thanks for coming, man.
02:02:46.000 Thanks.
02:02:47.000 I am at Surge.com.
02:02:50.000 If you want to complain about audio, please argue with me on Twitter.
02:02:54.000 Bring it on.
02:02:54.000 I know more than you.
02:02:56.000 Talk to you there.
02:02:56.000 All right, everybody.
02:02:58.000 We will see you all over at TimCast.com in a few minutes.