Libby Emmons joins us to talk about what's going on with JP Morgan and Vice, and what it means for the future of the dollar and the economy. Plus, cast-brew coffee and more! Guests: Libby Eichenauer, Editor-in-Chief of The Postmillennial and Human Events; Editor-In-Chief at The PostMillennial and Senior Editor at The Human Events. Thanks to caller and to our sponsor, Cast Brew Coffee.
00:00:25.000Well, they want to do it before the markets open, and they did it kind of out of sight of everybody, and I'm surprised it's not getting more attention.
00:00:31.000First, Republic Bank was seized by the U.S.
00:00:34.000government and then sold off to JPMorgan with, I think it was $50 billion in federal financing, which is basically like, y'all are bailing them out again, as much as Biden's insisting you're not.
00:00:45.000So, look, I don't know what to tell you, man.
00:00:47.000There's some economists saying the dollar is doomed.
00:00:49.000I'm not here to give you any financial advice, but I think when you've had three of the largest banking failures in U.S.
00:00:55.000history within the span of a couple months, I don't know, maybe you should go seek some financial advice.
00:01:00.000Not for me, but I know I'm going to be making some moves because I'm kind of worried.
00:01:04.000What they're saying is that people panicked over First Republic, pulled their money out.
00:01:08.000Many of them actually went to JPMorgan, but my fear now is, I'm not an economist, but If J.P.
00:01:14.000Morgan's absorbing this dying bank, isn't that just going to get people scared that J.P.
00:01:19.000Morgan won't be able to handle it and then they'll pull their money out of there and then run somewhere else?
00:03:01.000And also, head over to TimCast.com, click that Join Us button, become a member, and hang out in our Discord server with like-minded individuals.
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00:03:30.000Joining us tonight to talk about this and so much more, she has returned!
00:04:25.000I wonder how mad they will get, the people who work there, when they see a video of us pouring $5,000 cognac to celebrate their bankruptcy.
00:05:19.000From the hill, First Republic fallout.
00:05:22.000Democrats fume as regulators bail out yet another failed bank.
00:05:26.000What I love about this is that they're like, while Democrats aren't arguing the Biden administration should have let First Republic fail, many are concerned that the current spate of bank rescues point to financial stability concerns.
00:05:48.000They say the San Francisco-based regional powerhouse is the third major U.S.
00:05:51.000bank to fail and prompt a government administrative bailout of depositors following the collapse of Silicon Valley Bank and Signature Bank in March.
00:05:59.000It is the second largest bank collapse in U.S.
00:06:02.000history, eclipsing Silicon Valley Bank.
00:06:05.000I love this because it's like, no one seems to care.
00:06:09.000It's like just another domino falling.
00:06:11.000It's almost like it's not news that our banking system is collapsing.
00:06:20.000And it's like the federal government seized First Republic Bank this morning and sold it to JP Morgan with $50 billion in financing from them.
00:08:17.000It seems like the Titanic hit the iceberg a long time ago, and the rich people have been extracting as much as they can to bail out as it's sinking to the ground.
00:08:26.000I mean, that's- That's like 2,000 people left New York.
00:09:08.000Well, no, maybe that's the one thing where it's like, maybe I'll move my assets.
00:09:11.000If he's recommended, I'm getting out because I don't know what's going on here, but maybe he's created the inverse Kramer effect where they actually are good banks, but by him shouting it out, everyone panics and then pulls their money out.
00:09:23.000He's like, I want to burn it all down.
00:09:25.000He's just been studying the economy for years and he sees the corruption in the system.
00:10:26.000JP Morgan gets $50 billion in federal financing.
00:10:29.000So basically, we are, maybe not the taxpayer, but we as regular people are all footing the bill because Like, it's just tied to the FDIC is supposed to be for us.
00:10:40.000It's supposed to be insuring our money.
00:10:41.000Right, and instead they're using it to finance the sale to JP Morgan.
00:11:14.000Meaning the only reason this was possible was because the FDIC gave $50 billion in fixed rate financing.
00:11:23.000So JPMorgan was not capable of absorbing this without the federal government's intervention, so I'm kind of like, why should I believe they can rescue this failing bank?
00:11:34.000Well, and the other thing, too, is the FDIC has said that they were going to put a new program in place to make banks pay more money for this bank bailout insurance fund.
00:13:23.000I know, but I think it's gonna be a situation of just, they're gonna say, oh well, it's not nationalized because JPMorgan's running it, blah blah blah.
00:13:30.000Even though they're financing it or funding it, if the government just says we're taking over, And we're going to send regulators from the SEC in, or whatever the, you know, whatever the regulating body is.
00:13:40.000If they just send them in, then it becomes a situation where they're going to be like, no, it's government bank.
00:13:44.000Because that was the problem, or that was the concern back in 2008.
00:13:46.000They didn't want to have Goldman Sachs look like it was being owned by the government.
00:13:51.000And people are allergic to nationalizing.
00:13:53.000They want someone, they want it to be taken over, but they want a private company to be the one doing it.
00:13:58.000At the very least, so that way they can say that it's not nationalized.
00:14:01.000So they can say that the government didn't take over the bank.
00:14:04.000If there's an ulterior motive, it just sounds like they're being shady.
00:14:07.000And once again, if I use Chase, I would be gone.
00:14:12.000The reason why people like Jim Cramer come out and they're like, everything's fine, everything's fine, even though it's not, is because they don't want to create the self-fulfilling prophecy where you go in the media, say everything's not fine, causing a run in the banks.
00:15:01.000Do you remember at the end of The Dark Knight?
00:15:04.000When, not to spoil it or anything, but when Harvey Dent's like, have you ever told someone everything's gonna be okay when you know it isn't?
00:15:46.000I mean, it's just the human experience, you know?
00:15:49.000I'm just saying, I understand why everyone's coming out and saying it's gonna be okay, but you gotta understand the people who are saying that to you, they may claim to have noble reasons, but they're pulling their assets and they're putting it somewhere else.
00:16:29.000He's an economist or whatever, and he said it was going to hit a million dollars and he would make a bet with somebody that it would.
00:16:36.000Everybody said the amount of increase in Bitcoin due to him creating this narrative is going to cover any potential losses from giving away a million dollars.
00:16:59.000Then this happens, the second biggest collapse in US history
00:17:05.000happening with two other major collapses in the span of a couple months.
00:17:08.000You know what's interesting is Chase, like J.P.
00:17:11.000Morgan in the first place, back in like 19-whatever, 1913 or something like that, he didn't, when there was like a run on banks, there was a run on local banks and all the local banks had their money invested with regional banks and the regional banks had their money invested with, you know, banks in New York and everything.
00:17:27.000So when there was a run on the banks, the local banks, they couldn't get their money out fast enough to cover it, because it was all invested basically upstream.
00:17:37.000But JP Morgan thought that there should be a private banking back situation, where like it was not nationalized at all, but all of the banks got together and basically created their own kind of, you know, FDIC, but it was for the banks themselves and private.
00:17:53.000And instead it ended up being, you had like the Federal Reserve Act.
00:17:59.000So someone chatted that Valley National Bank is also falling right now, and I just looked it up, and like, it's in the news, they're starting to fall now.
00:18:27.000Well, Lehman Brothers and Bear Stearns were banks that were involved, but I'm wondering what it was that made the average person.
00:18:32.000Was it because, I thought it was because the companies like GE weren't able to get credit from other companies to make their payroll.
00:18:41.000And I'm wondering if there has to be a catalyst to make the average person aware if they're not, you know, it's like if you don't have your money in any of these particular four, these four banks, you kind of might just not really pay attention.
00:18:53.000Oh, a bank failed and then go about your day and it doesn't really affect you.
00:18:56.000I had very little money in 2008, so I don't remember at all.
00:18:59.000you know, makes it become everyone's problem.
00:19:02.000And I'm wondering if there's, if anyone has any insight on that,
00:19:04.000what it was back in 2008, or if there's something- I had very little money in 2008,
00:19:55.000Bud Light sales continue to drop down 21.4% following Trans Activist Partnership.
00:20:02.000The latest data released Monday by Bump Williams Consulting shows Bud Light sales for the third week in April were down 21.4% compared to the same time last year.
00:20:39.000The Human Rights Campaign, civil rights activist group for LGBTQ plus community penned a letter to Bud Light demanding, they're demanding that they defend them.
00:22:06.000When Bud Light did this, the first thing everyone said was, just say you're sorry, and we will move on and buy your beer.
00:22:11.000And I said, look, if they just came out and said, we're sorry for sponsoring Dome Mulvaney, we won't do it again, we apologize for offending our audience, I'd have been like, okay, okay, okay, fine.
00:22:20.000No, no, I said, I said- You don't drink it at all!
00:22:23.000I said I would go and stalk the entire office for our guests if they were willing to apologize for having done this, and they are not.
00:22:32.000In fact, my view of it is, they are the opposite of apologizing.
00:22:36.000Hiring, having secret meetings, hiring GOP aides to consult for them, paying millions in marketing, is them saying, we will do everything in our power to not apologize to our own customers.
00:22:48.000That is the biggest F you Well, they don't care about their customers.
00:22:52.000They don't care about their customers' values.
00:22:54.000That's why, at this point, they have done it.
00:22:56.000I do not see in any way why anybody would want to be associated with them at this point.
00:23:00.000And for three weeks, they could have just come out after that first week and been like, guys, we did not mean to sponsor this person.
00:23:16.000To be fair, have you ever been in an argument with someone and then you realize like halfway through you're wrong and you're like, how do I be a reasonable person without apologizing here?
00:24:26.000I bet these other companies were like, you know what would be really cool?
00:24:33.000Coors CEO has a meeting with the Anheuser-Busch CEO and he's like, we got a dog playing chess and he's like, you guys think you're the biggest dogs in the park, but I got news for you.
00:24:42.000Our next play Dylan, however much they're paying you, I'll double it!
00:24:45.000None of that 70 cents on the dollar thing, I know you're actually a man!
00:24:48.000Sponsoring Dylan Mulvaney and then Anheuser-Busch guy gets up and he's like,
00:24:51.000I have to go to the bathroom real quick.
00:25:28.000They don't want to say anything directly to these angry individuals, to the point where they've put two people on leave, they're spending millions in marketing, they're hiring these people, they made a commercial referencing 9-11.
00:27:59.000I don't know the name. Yeah, so I'm telling you this guy was one of the guy this guy pledged to a bunch of sororities
00:28:05.000At I think Alabama. Oh, I think it was Alabama. We wrote about him a little bit today
00:28:10.000But he pledged a bunch of sororities. He didn't get into any of them. He got very mad
00:28:14.000He posted all these prom pictures. He has his hair really short, but it's got like highlights
00:28:18.000He's clearly an effeminate gay man, which like okay go ahead
00:28:22.000But here he is, trying to get into all these sororities, and then he started ripping off the Dylan Mulvaney stuff, because it was doing well for Mulvaney, and he must have been like, oh, I could definitely get in on this.
00:28:34.000So I watched some of his videos, and yeah, he goes into the stores, he makes fun of tampons, and it's like, look, none of us like tampons either, okay?
00:28:41.000Like nobody's into it, it's not something we're all like, dangly tampons, it's like you're stuck, you know,
00:28:46.000you don't wanna like bleed all over the place.
00:28:48.000I like what they do though, I like the, I like the way they perform.
00:28:52.000The effect of tampons is useful, but we don't need to go into the store
00:28:54.000and be like ogling all these cotton products, for goodness sake. They do these
00:28:58.000Instagram ads where it's like, people have periods and it shows women
00:29:03.000in their underwear with stains and stuff.
00:30:36.000You know how there's been all this shoplifting at like the Duane Reade's and the Walgreens and everything like that?
00:30:41.000So I keep being afraid that when I go into a drugstore it's all gonna be locked up and I'm gonna have to walk up to some teenager at the front and be like, um, can you unlock the tampon?
00:30:51.000They'll have like weird color hair and be wearing a mask.
00:30:52.000I don't want any piece of that, you know?
00:32:17.000And Dylan represents algorithmic manipulation to no one.
00:32:21.000And Bud Light is learning what that means.
00:32:24.000It means when the algorithm says something is popular, it is not.
00:32:28.000Just because people are looking at it does not mean people like it.
00:32:30.000And what is on the internet is, here's what's actually happening.
00:32:34.000There are fringe groups in this country that normally don't have the relationship to each other to organize in large numbers.
00:32:40.000That means if one person in every major city in the US believed in, you know, space lizards, There's no great space lizard organization, but the internet allows them to congregate digitally.
00:32:52.000This then results in someone getting a hundred thousand views on their space lizard video, but these people don't organize in the real world.
00:32:59.000Now you've got companies being like, who's that guy who's got a hundred thousand followers?
00:34:10.000Poker is actually more obvious than chess.
00:34:12.000Chess, I don't have an explanation for.
00:34:13.000Maybe it's related to aggression and risk-taking.
00:34:16.000The reason why men tend to beat women in poker, and not completely, there are some women who are good, like in any other sport, it's because men are more aggressive and are more...
00:34:36.000And what they said is, Ebony Kenny, another female, I believe she's a pro poker player, said, maybe Dave was overheard saying, quote, he could pretend to identify as a woman because they allow anything nowadays.
00:35:10.000Dave Hughes responds to winning women's poker event.
00:35:13.000Hughes said he drove over five hours from Orlando to visit a friend competing in the $7 million main event at the Seminole Hard Rock in Florida.
00:35:21.000Upon arriving in the poker tournament, Hughes wanted to play a hand of poker, but learned the only event available for participation was the ladies' no-limit hold'em.
00:35:30.000The ladies, as you know, are just as fierce, capable, as competitive as the men in poker, and smell a lot better as well.
00:35:35.000For the record, I'm 100% against men taking advantage of women in sports where strength and muscle make it quite unfair, as we can all clearly see with men breaking all records set by women in every sport across the board while pretending to be women.
00:35:49.000It's pathetic and embarrassing that we allow our women to be abused and victimized by this nonsense, and eventually, the country will wake up to this and put a stop to it.
00:35:58.000Our young girls and women who dedicate their lives to playing sports deserve better, better than that, and the silent majority are starting to speak up.
00:37:36.000Now do you think, let me ask you, this random guy who wasn't planning on entering the tournament, who just drove up there on a whim to watch his friend play, he still beat all the men who actually showed up to compete in this tournament?
00:37:51.000I don't think it's that surprising, honestly.
00:38:20.000I think it's probably the aggressiveness is, you know, the risk-taking and stuff, whereas men are more prone to take risks.
00:38:28.000Well, every time, I have a friend that I've gone to casinos with, and every time we've gone together, like, he takes big risks, and I take, like, no risks, and he makes a lot of money, and I end up losing $80 or whatever.
00:38:39.000And he's like, oh, you need to take risks, you know?
00:39:55.000But I mean, like, the day-to-day interaction for a woman working in an office is probably going to be with the lower end of the bell curve men.
00:40:02.000And so women are probably experiencing many more stupid men than men experience of women.
00:40:30.000You know it's at the lower end of the bell curve.
00:40:32.000But I mean, it makes sense that dudes that are more aggressive and actually that are smart guys, they're going to be the ones that are going to go out and try to start something on their own.
00:41:26.000That is not an insult, that is not a gag, that is not a joke.
00:41:28.000It's a reference to... It's a little insulting.
00:41:31.000Well, it's a reference to, in biology...
00:41:34.000In species you have the dominant men and you have the dominant males and the sneaky fucker males.
00:41:40.000And the sneaky fucker males will go in the middle of the night in some species and then reproduce under, you know, they'll sneak in to reproduce while the dominant strong man who is the authority is unaware.
00:41:51.000That's why they're called sneaky fuckers.
00:41:53.000Male feminists are described similarly in that they are men who will say whatever they think the woman wants to hear in order to get access to reproduction.
00:42:03.000Then you have the confident, you know, I guess, you know, strongman types who Win, or through confidence and status, are attractive to women.
00:42:13.000So you have the sneaky fucker and then you have the... Those sneaky fuckers though, they're very, you can see that when you look at them.
00:42:46.000I'm pretty sure Michael Knowles, who married his high school sweetheart and had a family, was intending on more than just having a body of this person for decades.
00:42:56.000And you and I were speaking about this on my podcast a while ago, Libby, but what they project in such egregious ways, they say conservatives just want to use women for their bodies and only see them as birthing people, even though they use phrases like birthing person.
00:43:09.000And now they're advocating for surrogacy, where you literally just use a woman for her body and see her as a baby maker rather than a person you're committed to.
00:43:18.000Yeah, I think everyone knows how I feel about surrogacy.
00:43:36.000I mean, I don't think that changes that women are going to be surrounded by men who are going to say whatever the women want to hear in order to get access to banging them.
00:43:44.000I think there's a misconception, right, about relationships.
00:43:48.000I think when you fall in love with your high school sweetheart, you should probably marry them.
00:43:52.000You should probably marry the person you fall in love with and not wait around.
00:43:55.000Well, that's not what they're saying nowadays.
00:43:57.000No, now they say all these other things.
00:43:58.000I saw this thing on Instagram and it was like, you're going to have three great loves in your life.
00:46:34.000Shane Smith, the CEO, had gone on Colbert and said, look, we're not Democrats or Republicans, we're storytellers, we're just trying to figure this thing out.
00:46:42.000The videos they were producing were just like your bar buddy telling you a story about how he walked to this place, here's what he saw.
00:46:48.000There was no pretense, there was no authority, and then as soon as they got money, he said, bring in the pretense, bring in the authority, and bring in the feminists.
00:46:55.000And it burned the company to the ground.
00:46:58.000I gotta be honest, when Vice was sex, drugs, and rock and roll and edgy, it was skyrocketing.
00:47:05.000And the moment they decided to get woke, they went...
00:47:09.000Yeah, well it's like what Elon Musk was saying about the woke mind virus, you know, and it took over Vice, and it destroyed it, took over BuzzFeed, and it's basically like that's the reason post-millennial exists, you know, to combat this kind of stuff.
00:47:21.000Yeah, there's nothing cool about woke, right?
00:47:24.000Like, it's cool to be nice to people, and that's what you, you know, you want to treat people with respect and stuff, I get it, but there's nothing edgy, there's nothing cool about being woke, and Vice is The whole foundation was built on being edgy and cool.
00:47:42.000Like, their New York parties were always sexy and really fun.
00:47:43.000Well, I mean, I never went, but... It was, uh... You know, it's like, it's supposed to be edgy and cool, and then it's, like, all Woke is is just, like, society's hall monitors.
00:47:53.000And it sucks, because all they ever do is, you can't say this, you can't do that, blah, blah, blah, blah, blah.
00:47:57.000And it's totally antithetical to what Vice started out as.
00:48:01.000It was supposed to be the CNN of the street.
00:48:03.000It was supposed to be anti-establishment.
00:48:07.000And then as soon as they got any semblance of money, immediately, Joe Biden's coming in for an interview back during the Obama administration.
00:48:16.000We're going to get, oh, we're so excited for this.
00:48:19.000They went full, just as soon as the government came and knocking, as soon as the investors came and knocking, they said, we will do anything you say.
00:48:48.000Uh, there actually are people at Vice who are good people, who are just documentary filmmakers, who are like, let me know if you ever need a pitch, because, you know, we always want to go and travel and do some stuff.
00:49:00.000Well, the people there who are good are, the people there at Vice who are good are going to find jobs making things that are good instead of that garbage.
00:49:09.000And the people there who suck and are dragging the company down are going to either change or they're not going to find work.
00:49:14.000So that's the thing, it's creative destruction.
00:49:41.000I think a large portion of it was actually torn down.
00:49:43.000Yeah, and it is, I'm like, man, I'm looking at the picture and I'm like, I used to stand out in front of there, you know, just talking smack with other employees, all these stories, talking news, talking politics, finance, and now it's all just falling apart.
00:49:56.000And it's crazy because I'm just thinking back to 2012, 2013, when I'm, like 2012 I'm talking to these guys, 2013 I'm getting hired over there, and they would not listen.
00:50:10.000Part of me wonders if Shane Smith cares.
00:50:13.000I think he does, because brand was always so important to him.
00:50:16.000It was always the most important thing to build up the brand.
00:50:19.000And I think he wanted Vice to become Disney, to become CNN, to be this legacy brand.
00:50:25.000And because of his inability to see what was happening around him, and his embracing of this crackpot cult garbage, he burned his own name to the ground.
00:50:35.000And now what does he have to show for it?
00:50:37.000Well, look, he may still be worth a lot of money.
00:50:40.000But most of his wealth was tied up in Vice.
00:50:42.000So when people said that he was a billionaire, it was only because of Vice's value at $5.7 billion.
00:50:47.000He cashed out, I think, like $30 or $40 million, maybe?
00:50:52.000And now that Vice is worthless and entering bankruptcy and gonna be sold, I don't know how much he'll even get out of this.
00:51:05.000But those people who were good at doing that, they're going to find work at organizations that are decent.
00:51:11.000Or they'll be able to start something new themselves.
00:51:13.000Exactly, because with an organization like this, and this is part of why I'm cheering it on, it's not because I'm glad that the people who are talented and hardworking and dedicated are out of work, it's because all of those people were locked into an organization with a bunch of idiots who were woke and had no idea how to direct the company, and now the workers who are genuinely good are free to pursue opportunities at companies that will guide them better and lead them better, or like you said, start their own businesses, and I think that's a beautiful thing.
00:51:41.000Yeah, I think it's always good to start your own enterprise.
00:51:43.000One thing, I mean, at Post Millennial I came on in 2019 as a freelancer, and now I'm like, you know... You're top dog.
00:51:51.000Part of running the company, and like I... Part of.
00:51:54.000You know, I'm part of running the company.
00:51:56.000Don't try to avoid accountability here, alright?
00:51:59.000I'll take full responsibility, but I am only part of running the company.
00:52:34.000Vice Media's Shane Smith is now a billionaire.
00:52:39.000They said that due to a $450 million investment round, Shane Smith's holdings were now worth some $1 billion.
00:52:47.000They said that he had roughly 20% of Vice.
00:52:50.000After applying a 10% private company discount to its valuation and adding Smith's spread of some $33 million in real estate, his net worth totals an estimated $1 billion.
00:52:59.000If he had 20% of the company and that's what put him at $1 billion, With Vice currently going bankrupt, his net worth is now in the low tens of millions.
00:53:34.000But going from being a billionaire, running one of the most valuable media companies, to losing all of that in a matter of a few years, all because they wanted to get well.
00:54:15.000And it said, this horrible app can show you what women look like topless.
00:54:20.000And it said someone developed an AI app that if it takes a picture of a woman, you can press render and it will AI remove their top.
00:54:29.000And I said, do you know what Vice's headline would have been in 2013?
00:54:33.000This amazing app can show you any—because they were mocking, they were trying to be edgy and be like, screw you, you can do whatever you want.
00:54:40.000And they decided to get woke and be hall monitor feminists, and they basically told their entire audience, you are bad people, F off.
00:54:48.000And I was told by this dude at Vice, well, but we have to change.
00:55:38.000But more importantly, this is what Bud Light did.
00:55:40.000Vice went to their readers and said, now that we have investment, we don't care about you, and we're going to target a different demographic.
00:56:13.000Like, you know, my son and his friends, they look at this stuff, and they see right through it.
00:56:17.000They see that it's total ideological garbage, and they want to make their own way.
00:56:21.000They want to come up with their own opinions and ideas.
00:56:23.000I have two teenage nephews and they're the same.
00:56:25.000Yeah, and I have mad respect for these kids looking at being like you are the establishment and the Millennials didn't realize that when they were buying into this whole narrative.
00:56:33.000It was the establishment narrative, you know and Gen Z. I think we're still waiting to see what happens with them.
00:56:39.000But you know, they're all these this guy Sykes with the tampon guy and all this stuff.
00:56:44.000That's what they're doing and they're getting all this money from the Biden administration now to We don't like the Republicans!
00:56:50.000to start, you know, spilling this garbage narrative.
00:56:53.000Oh yeah, did you see those two Twitter guys?
00:57:23.000People thought they were counter-cultural because they liked the president, which is absurd.
00:57:28.000When I was a teenager, I found it very patronizing.
00:57:31.000When I would Have the misfortune of seeing anything on MTV because someone else was watching it I would cringe because it always felt very how do you do fellow kids and I knew that these were adults writing.
00:57:45.000But it was obvious that these were adults writing young people saying the things that these weird creepy adults thought young people should be saying so that I would watch that and go That's so cool!
00:57:56.000But it made me extremely angry as a youth, and unfortunately now they have this edge of being able to promote whichever voice they want through the algorithm on TikTok, because sure, you're always going to find young people who are mixed up and will repeat these talking points, and because it's not as highly produced, because it's not clearly coming from Hollywood or the establishment, Yes, it seems organic and it seems like something the majority of young people actually believe because it's continually recommended by the algorithm.
00:58:25.000And it's possible that among that generation that's true, but regardless, my point is the propaganda catches on more easily when it's your fellow young people saying it and it's promoted as opposed to a highly produced television show that I know is being written by people in their 40s.
00:59:08.000I think they reject it, and I think that's what we kind of— The other thing, too, the more we see—I was writing about this recently, I've been giving a lot of thought—the The current beauty standards are more unhealthy and unattainable than the previous ones.
00:59:21.000They're a rejection of beauty standards.
00:59:22.000Are we supposed to look like Elliot Page and cut our boobs off?
00:59:26.000Are we supposed to look like Lizzo and gain, I don't know, like a lot of weight?
00:59:30.000It's a rejection of traditional beauty.
00:59:32.000And she's obviously very beautiful, like she's a beautiful woman.
00:59:36.000I heard Jared Leto was trying to gain weight for a role, so he would take a pint of Ben & Jerry's every night, microwave it, and then pour olive oil and soy sauce and stir it up and then chug it.
01:00:15.000I'm finding a lot of people that I've known and a lot of personalities that I used to watch when I was growing up, pro skateboarders, musicians, are becoming more conservative.
01:00:25.000I think there's a rejection of what the left is doing to the point where you've got edgy urban liberal types Who are just like, y'all have lost your minds.
01:00:35.000And now they're like, people need to have families and get jobs.
01:00:37.000And they used to be the sex, drugs, and rock and roll people.
01:00:39.000And they're just like, none of this is okay.
01:00:42.000The degeneracy is literally destroying companies.
01:00:47.000I'm not gonna name anyone specifically, but there are some famous skateboarders and musicians who are very much from the world of sex, drugs, and rock and roll, who are now like, have a family, buy property, work hard, save for the future.
01:00:59.000And I think it's because they're looking into the mirror that is the left and being like, nah, this is not a good thing.
01:01:15.000Very often, you know, it's normal that as people get older, they do tend to become more conservative.
01:01:20.000Part of what's so insidious now is that people on the left are encouraging these young people to receive body mutilating surgeries that they will not be able to reverse.
01:01:33.000And part of what ends up happening as a result of that is a person is so bought into it That they can never admit it was wrong.
01:01:48.000Let's jump to the story because we do have big news.
01:01:50.000KISS co-founder Paul Stanley, 71, slams parents who confuse their children about gender identity, branding child sex change as a sad and dangerous fad.
01:02:13.000Here we go, he says, I'll read some of what he says.
01:02:17.000There's a big difference between teaching acceptance and normalizing and even encouraging participation in a lifestyle that confuses young children into questioning their sexual identification As though some sort of game, and then parents in some cases allow it.
01:02:32.000He says, there are individuals who as adults may decide reassignment as their needed choice, but turning this into a game, or parents normalizing it as some sort of natural alternative, or believing that because a little boy likes to play dressed up in his sister's clothes, or a girl and her brothers, we should lead them steps further down a path that's far from the innocence of what they're doing.
01:03:06.000The funny thing is, and I've pointed this out, so has many others, how is it that they argue simultaneously that gender is a social construct?
01:03:12.000Meaning playing with dolls is not unique to males or females, but then if a male plays with dolls or a female with a football, that proves they're actually identifying as the opposite sex.
01:03:21.000The weird thing too is the genderization of toys and clothes.
01:03:28.000Came I came like after my childhood after my brother's childhood and you started to go into the Lego section and you would see girls like those and boys like us that didn't used to be the thing when I would hang out in my friend Nikki's basement and play with her brother's Legos.
01:03:41.000We just we just all played Legos it wasn't a big deal and the same thing with the Barbie dolls like we would just all play it wasn't a big deal.
01:03:48.000No, I joined a girls Lego competition and I just crushed.
01:03:59.000I would just like to say, I would kick your ass in Barbies.
01:04:02.000In all seriousness, there There was a clip I saw from your show, and I can't remember the guest, and if you can, please shout him out, but he was saying there were studies on how boys and girls will play differently.
01:04:12.000They'll play with the same toy, but when the boy picks up the toy, he starts embodying the character he's playing with, whereas when the girl picks up the toy, she has the character act the way she does.
01:04:22.000So even when we're playing with, er, as kids playing with different toys, we, we, er, it's the same toys but, yeah, like, differently.
01:04:28.000Like, the boy picks, the way he described it, I feel bad that I can't remember who it was, but the way he described it is, when a boy picks up a Batman toy, now he's Batman.
01:06:12.000We would, like, invent whole worlds with the Barbies, and mostly they ended up having sex.
01:06:16.000The issue is, when you would play with Barbie, was the Barbie channeling you, and you were like, I'm Barbie, and Barbie would do things you would do?
01:06:52.000They're going to fight and they would be like no.
01:06:54.000This is why my cousin would be like, he had the Hulk Hogan and the Rowdy Roddy Piper guys, and so whenever I played Barbies with him, it was like wrestling Barbies.
01:07:26.000Dee Snider came out on Twitter and actually agreed with Paul Stanley.
01:07:29.000And so I'm feeling pretty confident and I'm feeling pretty white-pilled as of lately because I think what's happening is that we are reaching woke critical mass.
01:07:39.000I think Bud Light is very very important in more ways than people realize.
01:07:43.000The fact that Bud Light's sales are down 21.4% suggests to regular people who are the people who are like I don't know what's right or wrong I just want to be on the right side of history are now going maybe it's not the woke people.
01:08:05.000Now you're going to see a rejection of this because a regular person who normally just follows the trends is going to be like, I don't drink Bud Light.
01:08:51.000I mean they used to sell sex for everything.
01:08:56.000I think when it comes to a lot of alcoholic drinks like Bacardi Silver or O or whatever, I don't know if they still have those, but like fruity light drinks and wine coolers or whatever are seen as effeminate and guys want to drink like, get us, like a strong dark beer or something.
01:09:14.000So now you have Bud Light being, like, the frilliest of fufu brands.
01:09:44.000Those, like, Bud Lights are the beer that you get for, like, or were the beer that, like, you'd get for the afternoon because you didn't want to have, like, too heavy beer and it's kind of thirst quenching and stuff and then you drink the heavier stuff later.
01:09:56.000It's the beer that you buy because you're not only manly enough to drink beer, you're manly enough to not care if anyone you're with wants good beer.
01:10:10.000My main point with bringing this subject back up is...
01:10:14.000Regular people, the left is trying to win the culture war by saying you are on the wrong side of history.
01:10:19.000And because civil rights is the right side of history, they're trying to pretend that they represent civil rights, when in fact they represent segregation.
01:10:29.000But they're wearing a mask of civil rights.
01:10:32.000Now that regular people, though, are saying no to Bud Light, Many people who are following The Woke are going to question whether or not that's the safe place to be.
01:10:40.000Because they were just going along with the crowd.
01:11:50.000There are people that do make the argument that if you won't date a trans woman, if you're a straight man and you won't date a trans woman, you're a bigot.
01:12:17.000I read before that in Iran, if you're a gay man, they force you to get a sex change.
01:12:22.000And if you're a gay woman, the same thing.
01:12:24.000But now what we're seeing is these young women who are like autistic and gay are being told they're trans and should get you know sex changes or whatever or mastectomies and that's like weirdly similar to what Iran does.
01:12:37.000It's very similar to what Iran does and it was like what like 4,400% increase in young women deciding to be trans.
01:12:45.000So you have all these young women deciding to be trans right around puberty and they look at womanhood and they're like, I don't want any piece of that.
01:13:02.000It's hard to see anything good about it, right?
01:13:04.000And so they decide that they want to be boys instead and they go through that whole thing.
01:13:08.000I was recently seeing, I think it was a writer who does a lot of trans writing and stuff, is basically hitting menopause, like pre-menopause and being like, I am transmasculine now.
01:13:21.000And it's kind of the reverse of kind of the same thing.
01:14:37.000I know this is a bit personal for me to say, but this may be one of the greatest days of my life.
01:14:45.000The guitarist from The Offspring has me blocked.
01:14:49.000The very first song I ever learned how to play on the guitar was The Kids Aren't Alright, written by this man, and he has blocked me on Twitter.
01:15:01.000He probably blocked me because, you know, I'm friends and play music with their old drummer who they crapped all over because they're nasty, evil people.
01:15:13.000I will say one thing that frustrates me is that there's a lot of secrets about celebrities that if people only knew, but this guy, from my understanding, is lying about everything.
01:15:27.000I can't say much more, it's not my place to say, and that bothers me, but until someone comes out and comes on the record about the band and about their actual, let's just say, about the truth, there's not much more I can say.
01:15:42.000Many of these people in Hollywood who post these tweets do so just because they want to get the PR brownie points and they voted for Trump.
01:16:37.000The funny thing is, he is of all the people to come out and say kids should not be doing this, he is the perfect person in that he wore high heels and makeup and he never cut off his genitals.
01:17:11.000That's the thing about drag that drives me crazy too, is you have all this like drag for kids, and it's like guys, drag is an adult thing.
01:17:17.000We all had a great time at the drag show.
01:17:19.000Why are we suddenly imagining that a bunch of guys who dress up like campy women, like fake beauty pageant women, and have We've taken on entertainment stage names that are like sexual names for the most part.
01:17:34.000Why are we imagining that these are the people who should be entertaining and educating our kids?
01:18:34.000I think that it's obvious, it should be obvious, and I really think that the average person, when they hear what goes on when it comes to surgeries and stuff, they're like, that's not right.
01:18:47.000That is so far outside of how we treat any other issue that anyone has, ever.
01:18:55.000Like you don't cut up healthy bodies because of psychological issues, whether it be AGP or whether it be dysmorphia or whatever you want to call it, right?
01:19:07.000Like I don't believe the wrong body thing because I'm not a guy that believes in a soul.
01:20:28.000The fact that there are so many people that advocate to do things pre-puberty, because allegedly it makes it easier to transition, which I don't believe because there's the stories of Jazz Jennings, like how her body is… That's not a good situation.
01:20:45.000It's a train wreck because she went… That's not a good situation.
01:20:47.000So anyways, my point being… I can't see how, and I keep coming back to the same point, I can't see how endorsing surgery on children, people that haven't, their brains haven't even fully developed.
01:21:02.000Go by what the insurance companies say.
01:21:03.000The insurance companies know you can't, like 25 to rent a car, like that's it.
01:21:09.000When I was 12 years old, I knew that I really wanted to do drugs.
01:22:56.000I think well I think many women in this culture do and I'm not saying that that's historically normal but in this culture it's certainly normal in your early 20s to not want kids and it doesn't mean that you're never going to want them later.
01:23:14.000Yeah, I actually think... I'm not kidding.
01:23:16.000I heard that Spinster was defined as unmarried by 22.
01:23:19.000I need to double check on that, but... I was born when my mom was 26, and I remember that being like, she's old.
01:23:26.000My mom, I think my mom was 22 when I was born.
01:23:32.000Okay, so in the 17th century, a woman was considered an old maid if she remained unmarried and childless by the time she reached her mid-twenties.
01:26:16.000They say IQ peaks at like 22, so it's all down here.
01:26:19.000As the old guy at the table, just the only thing that I have to say about getting older is just keep your body in good shape by exercising.
01:26:29.000I'm pushing 50, and I go to the gym, and I don't have any of the aches and pains that I hear other people my age talk about.
01:26:59.000But yeah, the thing is, if you stay, you have to stay active and you have to just don't gain a bunch of weight because you're going to be miserable.
01:28:00.000And for, uh, and to drink, I had this, uh, delicious rice with Roberto Junior.
01:28:04.000So actually, the Roberto Junior, uh, this, we just got ours.
01:28:09.000So for people who are ordering it, they're going to start seeing it already.
01:28:12.000But it came in the mail and I immediately was like, we got to brew some, we got to brew some.
01:28:15.000Of course we've had it because we are the ones who like took all the samples and blended everything and then made it, but we're really excited to get it.
01:29:02.000If that's the case, when you start exercising consistently, you feel good all the time.
01:29:07.000It's so annoying too because I'll be in a really bad mood and I'll realize I haven't exercised and I'll be like, damn it, now I have to go exercise and then I feel better and then I'm annoyed.
01:29:18.000I don't know if you guys are aware of this but telling people that they're actually capable of making a difference in their life by making better choices is horrible and unfair and cruel and marginalizing.
01:29:29.000I think you're right, we're not affirming people's poor choices.
01:29:31.000Exactly. I always see that, dude. There is nothing that makes people more angry than saying,
01:29:36.000hey, if you're depressed, you should try getting a better sleep schedule,
01:29:39.000getting a better diet, exercise, and be like, oh, and you're like, oh,
01:31:32.000It's really fun when I ride my, I got my electric motorcycle and I ride it up here in the morning to come to work and I can see Chicken City and there's just some doofy looking chicken just staring at me and I'm just like, isn't life great?
01:31:41.000Well I come over here and they're all like talking to me and I'm like, hey fellas, what's going on?
01:32:01.000If you haven't already, would you kindly smash that like button, subscribe to the channel, share the show with your friends, and head over to TimCast.com, click join us, become a member, because oh boy, do we got a members-only uncensored show for you tonight.
01:32:13.000Not family-friendly, so you've been warned.
01:32:17.000I'm gonna be vague, but he's just signed into effect a very extreme form of punishment for a certain kind of criminal, and not very family-friendly, so we'll talk about that over at TimCast.com.
01:32:29.000Should be live at about 10, 10 p.m., so sign up by going to TimCast.com, clicking join us, but let's read your superchats!
01:32:37.000We got Grofty, who says, peck that like button, buck buck buck!
01:34:39.000And I think it's, like I said, card games are, I think the first card game was Magic the Gathering in the early 90s, but poker laws have been in the books going back a hundred some odd years.
01:34:47.000So they never legalized the right to play any kind of card game.
01:34:51.000It was always viewed as illegal gambling.
01:34:54.000So I learned this because when we were researching the law, we were told Even playing poker for nothing, like a prop game where everyone gets a set amount of chips, no one spends any money, and you play for fun, is also considered illegal gaming if a private business offers it.
01:35:07.000And I'm like, well hold on there a minute.
01:35:10.000There are a bunch of places that offer, a child can go into a game store, give $20, play a card game in hopes to win something of value, which is literally defined as illegal gambling in West Virginia, but they allow it.
01:35:25.000That's what we're working on right now, and I spoke... This is really, really funny, because I spoke with the government of West Virginia, and I don't want to drag anybody, but the response I got when I mentioned, like, what's the legal reasoning for, you know, these card shops that have Yu-Gi-Oh!
01:35:41.000magic and Pokemon card games, where a person will pay money to enter a tournament, play a game, which includes skill and chance, and then win something of value, they said, oh, but that's all regulated by the West Virginia Lottery Commission.
01:35:53.000And I was like, you think these Pokemon tournaments are regulated under the West?
01:36:00.000You think these children, these game shops, are signing up and buying licenses?
01:38:57.000I did his longest podcast ever at four hours, and then George Farmer beat that time, so we had to beat it, and we should have edited it like three and a half hours, and we just, we wasted a lot of time.
01:39:37.000When I was in Greece, I was in Crete, and we were like picking lemons off this lemon tree before These guys came out of the monastery and started shooting at us, because apparently we weren't supposed to touch the monastery's lemon tree.
01:40:20.000I'm like, this bank collapse stuff is how they implement a central bank digital currency.
01:40:25.000Your bank goes belly up, and then they say, we've rescued your money, just download FedNow on the App Store, and all of your deposit has been converted to FedCoin, which you can use to make any purchase.
01:40:48.000I am taking my money away from institutions that are engaged in this kind of practice.
01:40:51.000I'm investing in things like Bitcoin currency, Bitcoin and cryptocurrency, and investing in land and stuff like that, and trying to have a decent amount of physical dollars, as well as gold, silver, and other precious metals in the physical world.
01:41:08.000Other than that, I'm looking at... Physical assets.
01:41:11.000But things that are considered to be of monetary exchange, like a silver coin can be traded with someone as a universal, you know, holder of value.
01:41:19.000But other than that, there's also items that we may consider to be something that'll appreciate in value.
01:41:24.000What is a household item that may become hard to get that you would want to have that is good for trade value?
01:41:55.000The bank crisis is intentional to reduce the number of banks controlling the money so they can more easily institute central bank digital currency and use that to institute more control over the population.
01:42:08.000Voice of the People says, serious question, why invest in crypto if they control digital currency with EO-14067 and control the internet with the Restrict Act blocking access to markets while fining millions and imprisoning for VPN use and assets?
01:42:22.000Because you can With Bitcoin being decentralized, I'm not telling you to buy any, they can control certain points of access, but they can never control the decentralized network which stores your value.
01:42:35.000And then you can always find some means of connecting to it, or you can store the crypto in cold storage and then physically transfer it to somebody in exchange for something.
01:42:44.000They've made, they've done transfers with all sorts of mediums.
01:42:48.000You can send, you can literally send like physical mail with the code to change.
01:43:21.000I always get so nervous that like the things I like are going to end up getting caught up in all these dumb controversies and I'm going to have to not buy them anymore.
01:45:03.000Brado Jacko says, the goal of the Fed is to collapse all smaller banks so CBDC can be easily forced by the few huge Fed banks like Goldman that are allowed to remain.
01:45:13.000They'll collapse and consolidate and then the big banks will collapse and they'll say, here's what's going to happen.
01:45:20.000They're hoping that someone like me, looking at our business at Timcast, sees our operating account collapse because our bank goes under, and then they want me to either say, we have to do this, otherwise I can't pay my employees, or cease to exist because we can't pay our employees.
01:46:57.000I would, as someone who's played Magic the Gathering since I was like 8 or 9 years old, since Antiquities or whatever set it was, barely had any idea what I was doing back then, and has played all the way up until now with a bunch of Commander decks, some that have extremely rare cards.
01:47:12.000Power 9 cards, for those that aren't familiar, are some of the most expensive Magic the Gathering cards in existence, costing thousands of dollars, and they're extremely rare.
01:47:20.000And so, here's my point about Magic the Gathering.
01:47:24.000In Magic the Gathering, for those that aren't familiar, it is one of the most popular strategy card games ever.
01:47:47.000There's something called a mulligan, but the likelihood you can win if you don't have a good draw starts dropping dramatically, to the point where several pro players would just concede the game outright if they had two bad draws back-to-back.
01:48:01.000In poker, a hand is only a single portion.
01:48:05.000A shuffle of the deck and a deal of the cards is a tiny portion of the game, and it's free.
01:48:21.000You can do that about five times before you have to actually pay what's called a blind, or you can get up and leave and never pay anything.
01:48:27.000With Magic the Gathering and Pokemon, and Yu-Gi-Oh!, you pay the man at the game shop, the card shop, a $20 entry fee.
01:48:34.000That money goes towards the prize pool.
01:48:37.000You then cross your fingers and hope you get a good draw, and if you do, you might have a better chance of winning.
01:48:43.000Then pointing out the Power Nine, even more random chance.
01:48:47.000I can't, when I was a kid, I couldn't afford to buy any of those cards.
01:48:50.000That meant my cards were always gonna be garbage, and my likelihood of winning was extremely low.
01:48:54.000That's not skill, that's just buying in.
01:49:04.000And the game is based on whether or not you can figure out what your opponent is doing, and whether or not you, like, it's not even about cards.
01:49:12.000I'll tell you this, I played this weekend and I got a garbage hand and I ended up winning against someone who probably had me beat because I played it better.
01:49:19.000In Magic the Gathering and Pokemon, which I think are fantastic games and they're skill based for sure, but my argument is there's just more random chance in those than in poker.
01:49:28.000Simply put, Holden style games, PLO, etc.
01:49:31.000should be legal and so should Pokemon and Magic and I think it's discriminatory that these states, and many states, are allowing one game and not the other.
01:50:00.000It's so awful to have to go into the store and buy tampons and carry them up to the front and, like, stand, you stand there and they're, like, by your side and you hope nobody looks at you.
01:50:09.000I've done it for girls and it's not that big of a deal.
01:50:12.000Yeah, well, it's not a big deal if you're a fella doing it for girls, but if you're a girl, you're walking up there, you're like, now everyone knows what's going on with my body.
01:50:20.000And they used to do this thing at drugstores where they would, like, double bag it in a brown bag so that you could walk out and nobody would have to see what you're carrying home with you.
01:50:27.000Now you have to pay double for the bags?
01:50:29.000Now you have to pay for the bags and they only give you the plastic bags half the time and everybody can see right through it.
01:50:52.000When you go to a poker table anywhere and sit down They will say, do you want to buy the button or wait for it to pass?
01:51:00.000There's something called a forced bet in poker where it's, let's say you're playing a game, it's called 1-2.
01:51:05.000A small blind is one, the big blind is two dollars.
01:51:08.000If you want to buy the button, you have to pay three dollars.
01:51:11.000That means that you are entering the game right at the point and you will, the button is the dealer button that goes around the table determining what, whose turn it is and who plays it first and who plays last.
01:51:20.000If you sit down at a poker table, you can say, I will wait for the button to pass, and you pay $0.
01:53:59.000Over a long enough period of time, every player will lose because the money going back and forth will keep getting smaller, and if you play long enough, you will notice everyone's chips are going down.
01:54:08.000You play at the higher stakes table, and they do what's called a time rake.
01:54:11.000Every half an hour, a new dealer sits down, you pay the dealer $7, and then play the game.
01:54:15.000Blinds or forced bets, you gotta pay those.
01:54:18.000At any table, you can play about five hands at a full ring without paying any money, and you can't do that for any Magic the Gathering tournament with stakes.
01:54:27.000You have to pay up front to the owner of the shop.
01:54:30.000That money goes towards the prize pool and the house takes a cut of it for their profit.
01:54:35.000That's no different from raking at a poker game.
01:54:39.000In the law, a wager is a bet that someone will win.
01:54:43.000This is in West Virginia, this is interesting, which means when you're playing Pokemon, Yu-Gi-Oh, or Magic, when you buy into the tournament, you are saying, I am buying in to enter because I will win these games and then get the cash prize.
01:54:55.000In poker, a bet is not a determination that you are going to win.
01:54:59.000If I've got a good hand or bad hand, whatever, and then I say, I make it $15.
01:55:04.000I am not wagering that I'm going to win, I am saying if you would like to continue playing, you must also put forth $15.
01:55:09.000I don't know who's gonna win, I don't know if I have the best cards, and I'm not betting, I do.
01:55:14.000I'm simply saying that's the cost to keep playing.
01:55:16.000And as someone might say, I don't want to keep playing, you win.
01:55:19.000And you can have the worst cards and win in that game.
01:56:22.000But if you know how to navigate the odds of the game and what people are going to do and when they're doing it, then... I look at Magic the Gathering with, like, pros have a win rate of 51% to, like, your average poker pro whose win rate is 90-plus percent.
01:58:07.000They walk around and the dudes, their wings like fold down and their butts puff up, but then they can also shrink back down.
01:58:14.000People are, I feel like city people get confused when they see wild turkeys because they don't understand.
01:58:19.000They just look like regular birds because they're used to seeing the Thanksgiving pictures of the big turkey with its tail all spread out and puffed up and looking big.
01:58:27.000Well, in New Hampshire, those are wandering around.
01:58:29.000They do here too, but when the males shrink back down, they puff up to look big and threatening, and then they'll shrink down, and turkeys fly.
01:59:27.000He kept, he kept raising his bluff on the, you know, he raises pre-flop, I guess he had nothing, I don't know.
01:59:32.000Then he, uh, he raises on the flop, and I'm calling him, I had Ace-King off suit.
01:59:36.000And so I just, I see this flop, and it's like, I think it was just like low cards, all different suits, and I'm like, this guy doesn't have anything.
01:59:44.000He's just throwing money at the table trying to scare me off.
01:59:46.000So eventually he shoves his whole stack, and it's $300 because it's a $100-$300 game.
02:01:59.000If you all are interested, I'm going to be praying a novena to St.
02:02:02.000Joseph for the working class in this country, in this very tumultuous economy, for the unborn, for whatever difficult times that lay ahead to help our country return to God, and for our enemies, people like Dylan Mulvaney and other trans ideologues, that they will see the light and be converted.
02:02:19.000I think Trump said it better when he said, Merry Christmas to everybody, even the haters and the losers.
02:03:15.000All right, everybody, we will see you over at TimCast.com in about 10 minutes for the uncensored members-only show, where maybe you will be calling in and talking to all of us and hanging out.