00:00:39.000I received reports during and after the show last night from my mom, among other people, that in the live chat during the Thought War debate, people were making fun of my hair.
00:00:49.000Your Christmas music is still playing.
00:03:31.000Normally, if you have all men in the movement, and then I'm going to put it to bed after this, you have all men in the movement at first, and there's a natural sorting, there's a natural hierarchy that takes place, okay?
00:03:43.000Men battle each other, and men basically decide, okay, this is how it's all going to align.
00:03:48.000In a boys' club, if you're talking about a camping trip, the Boy Scouts, an army, A natural hierarchy forms.
00:03:55.000When you introduce women into the equation, you know, at first, they might say they're traditional, they might say they're on our side, but eventually they start demanding special treatment.
00:04:05.000They might say, I don't want to be criticized.
00:04:12.000And what naturally occurs when you inject the woman, when they introduce themselves and they demand the special treatment, the movement divides into people who defend them and the people that say, no, no, no, no special treatment.
00:05:30.000It's done, it's over, it's put to death.
00:05:32.000Put to bed with a little lighthearted dance and then a serious, succinct message.
00:05:38.000And with that out of the way, folks, remember all of the super chats this month are going to the Christian Appalachian Project.
00:05:46.000If you want to donate throughout the show on the live chat, on the super chat, remember at the end of the month, or actually January 15th, when we get the check for all the super chats we got this month, all the money will be going to the Christian Appalachian Project.
00:06:00.000We'll be helping out our brothers, our people that have been killed, that have been left behind and forgotten.
00:06:06.000In Appalachia and Eastern Kentucky, by globalism, by bad trade deals, by the Obama administration, by, I mean, all kinds of things.
00:06:21.000And with all that out of the way, we have to get into the news.
00:06:23.000And I think the best thing to talk about tonight, I think the thing that would be most interesting, and share it with your friends if you think this is going to be useful, we have to talk about Bitcoin.
00:07:17.000Bitcoin as a currency is now worth more than Visa.
00:07:22.000You know, like Visa credit card, it is worth more than Visa.
00:07:26.000It is worth more than Fortune 500 companies.
00:07:29.000I saw today that if you look at the market cap of Bitcoin altogether, it is bigger than some of the biggest companies in the world, something like number 15 on the list of compared to the Fortune 500 companies.
00:08:34.000You can't, there's no functional purpose for it.
00:08:37.000It has no marginal value as a good or a service.
00:08:41.000But when the government puts their stamp on the greenback and they print out the greenbacks and you get paid, you know, however many credits and you can cash it in for money at the bank at the end of the week or at the end of the month, the reason it has value is because you have faith that other people will accept that it has value in the sense that you can go to the store.
00:08:59.000And you can say, I'll trade you this many pieces of paper for that t shirt or that video game or that hammer, depending on what store you go to.
00:09:09.000And that's why money has a certain value.
00:09:12.000And we denote money in terms of like $1 or $2, but really it's a store of value.
00:09:17.000That's one of the functions of money it stores value.
00:09:22.000And that's really what fiat money has come to mean since Nixon broke it away from the gold standard.
00:09:29.000The Nixon boom when he took it off of the gold standard.
00:09:32.000Before that, our money was backed by gold or other hard currencies.
00:09:36.000You know, there were bimetallic currencies, there were monometallic currencies where the money derived its value from the fact that you could go to a bank and exchange it for gold, for hard metal.
00:09:49.000And so when we interpret Bitcoin in the 21st century, many people think of it in terms of, well, it's in cyberspace, it's a string of numbers, it's online, and therefore maybe it's less legitimate as a currency.
00:10:02.000And I think that helps us understand Bitcoin when we realize that the US dollar that people use to buy all their goods and services, that I mean, we live our life trying to get money and thinking about money.
00:10:14.000It's not much different than the money that we have.
00:10:20.000And what it comes down to is cryptography.
00:10:25.000I think that's the best place to start with Bitcoin.
00:10:27.000Cryptography is essentially coding, it's essentially not like computer coding, but it's taking a message, encrypting it, and then decrypting it.
00:10:36.000Cryptography refers to the process that Bitcoin essentially operates as a ledger.
00:10:43.000In the sense that if I'm talking to you, if I'm in a room with you, and maybe I'm butchering this, but maybe this example will help you think of it in a little bit of an easier way.
00:10:53.000If I'm standing there with my buddy Steve Chatterson and we're just hanging out on the couch and I give him a pencil, well, he knows that he has retrieved the pencil and I've given up the pencil.
00:11:05.000I have no pencils and he has one pencil.
00:11:08.000When you're in real life and you trade goods and services, you don't need to keep track of that because if I transfer a physical object from me to him, I lose the physical object, he gains the physical object, and there's no way I can duplicate that.
00:11:22.000There's no way anyone can really question that because he'll have it and I don't.
00:11:26.000When we have the transfer of objects or money or anything else on the internet, it becomes a little bit harder.
00:11:32.000If you think of it in terms of a digital pencil, if I tell Steve Chatterson, hey, I'm going to email you a digital pencil, It becomes much more complicated because I could have sent that digital pencil out to millions of people.
00:11:47.000I could have sent that to Steve Chatterson and also to Conspot.
00:11:50.000I could have sent that digital pencil to Paul Town and then Steve Chatterson.
00:11:54.000And so, if I only had one pencil to give, well, it's impossible to know if I've duplicated it, if I've double spent it.
00:12:01.000And that's an important terminology double spending.
00:12:04.000That's one of the prime problems with currency online.
00:12:07.000In person, if you're talking about cold hard cash, there's no real way for me to double spend it in the sense that unless I'm running it through a printer, and in which case you could determine it's counterfeit.
00:12:18.000There's no way for me to spend one dollar at the same time in two different places like there is in cyberspace, like you could with a digital dollar.
00:12:27.000Bitcoin seeks to solve that problem through something called the blockchain.
00:12:32.000Normally, online, when you transfer currency from one party to another, you need a ledger.
00:12:38.000And you need a ledger that is centralized in the sense that it goes through a bank, it goes through a service like PayPal, which is underwritten by a bank.
00:12:46.000And you need essentially somebody to say, if they're keeping track of all the currency, they're keeping track of credits and debits, you need.
00:12:53.000Your transaction to go through a centralized source to say, I'm down one pencil and Steve Chatterson is up one pencil, or I'm down one dollar and Steve Chatterson is up one dollar.
00:13:05.000Otherwise, if there is no ledger, if there is no central accounting authority, then money is not legitimate.
00:13:11.000I could spend it millions of times, I could double spend.
00:13:14.000So, normally with the transaction, if you have credits and debits and dollars with your bank account, or if you use PayPal, if you're ordering something off of Amazon, you need it to go through a bank.
00:13:24.000And that's a centralized authority so they can give their seal of approval and say, yes, this transaction happened.
00:13:30.000Yes, this dollar went from one person to another.
00:13:34.000Bitcoin seeks to solve that by decentralizing the process of notarizing transactions through something called the blockchain.
00:13:42.000And the blockchain essentially has a ledger of all transactions that have ever taken place with Bitcoin.
00:13:48.000Every transaction of every Bitcoin that has ever existed is in a ledger.
00:14:50.000They come together in the chain, and that blockchain functions as a type of ledger.
00:14:55.000And every computer that is a node in the network of Bitcoin that decides to participate.
00:15:00.000Has a copy of that general ledger of the blockchain that every transaction happens.
00:15:06.000Now, every time a transaction happens using the Bitcoin, every time I send a Bitcoin from myself to Beardson or Steve Chatterson, it takes about 10 minutes for that transaction to go through.
00:15:18.000And the reason for that is because that transaction is being tested against all the general ledgers that are stored on all the different computers in the network.
00:15:29.000Essentially, it says that if I pay Steve Chatterson, you know, say I have 10 Bitcoins.
00:15:33.000And I pay Steve Chatterson 10 bitcoins, and then immediately after I send Paul Town 10 bitcoins, well, it'll go into the network.
00:15:42.000It'll go into all these general ledgers that are being kept decentralized.
00:15:47.000And the first transaction will register, and it'll say, I paid my 10 bitcoins to Steve Chatterson.
00:15:53.000And it'll go into the blockchain, it'll go into the general ledger.
00:15:56.000The second transaction that I tried to do immediately after will not clear.
00:16:01.000Because after the first transaction clears and it gets added to the blockchain, and now all the different computers, Have that added to their general ledger that I gave my only 10 bitcoins to Steve Chatterson.
00:16:12.000The second transaction will go and be tested against all the different general ledgers, and all the different general ledgers will say, Nick Fuentes went down 10 bitcoins.
00:16:24.000And so, as that transaction spreads out across the blockchain, it will not pass the test because it'll come up against a general ledger which says, Nick Fuentes doesn't have any bitcoins, and therefore he can't transfer an additional 10 to Paultown.
00:16:48.000It gets pretty technical when you're using language like blocks and blockchain and all of that.
00:16:53.000But essentially, the way to think of it is decentralized accounting.
00:16:57.000I mean, that's probably the best way to think of it.
00:17:00.000And if you think of that compared to the internet, it's very similar to the way the internet worked in the sense that when you're able to transfer currencies from person to person, Without going through a centralized authority, and there isn't a need for a centralized authority to notarize these transactions, to notarize these interactions between people, you can just send money and it's not traceable, it's anonymous, there's no tax, you don't have to go through an institution.
00:17:28.000It greatly introduces the blockchain, I think, to all sorts of different sectors, to all sorts of different uses, industries.
00:17:37.000The idea that we no longer have to go through a centralized authority, and in many ways, the internet did the same thing.
00:17:43.000In the sense that before the internet, you would have to go through a phone company.
00:17:46.000You would have to go through an internet company to interact with other computers, to network with other computers.
00:17:53.000After the internet, you could just interact directly with people.
00:19:07.000Because you look at our existing financial system, which is lorded over by the Federal Reserve, where the Federal Reserve basically decides how much money is in the system, they decide the reserve rate in terms of what rate.
00:19:22.000Banks are allowed to loan out compared to how much actual money they have in the banks.
00:19:26.000I mean, the Federal Reserve controls monetary policy in the country, and it's only them.
00:19:34.000Because unlike Bitcoin, where there is a very finite amount of Bitcoins that are mined at a very predictable rate according to very predictable rules, Bitcoins being introduced into the economy, with the Federal Reserve, that's not the case.
00:19:46.000They don't even release certain statistics on the quantity of money, they don't even release certain statistics about how much money they're printing.
00:19:54.000And so I think what Bitcoin is, is a reflection, I think, on this departure from centralized authority.
00:20:00.000For a long time, the 20th century, with the introduction of new technologies, was based on the state.
00:20:07.000Was based on central authority in the sense that when you had the introduction of mass media, when you had the introduction of the internet, when you had the introduction of all kinds of technologies, it all started out in the hands of a very few amount of people.
00:20:20.000You know, you think of newspaper technology, printing press technology.
00:20:24.000You had major newspapers that had the printing presses, major companies that were in charge of these things.
00:20:28.000When you had television come on the scene or radio come on the scene, it was a very finite amount of people who had the technology, who had the license, who had the ability to use them, sometimes in the control of the state.
00:20:40.000Many times in the control of mega corporations.
00:20:43.000And even in the wake of the internet, you see social media, you see news media, all these major industries concentrated in a very few amount of hands, a very few amount of elite establishment hands, government hands, quasi government hands, mega corporation, private hands that are no different than government hands.
00:21:02.000And I think blockchain and Bitcoin is the dawn of a new era where technology starts to move away from centralization and towards decentralization.
00:21:13.000And this will have a profound effect, I think, on the nation, on the world order, on the nation state as a unit of peoples.
00:21:21.000Because you understand that once the government loses control of currency, once the government loses control of money, and that is certainly in the cards with the advent of cryptocurrency, when you don't need the government to intercede in transactions between people and they can't tax it and they can't control the supply of it, the government will really lose a significant amount of its power, a significant amount of its influence, its ability to control the country.
00:21:47.000Throughout history, the money supply has been one of the predominant, one of the most potent tools that a government can use to control the country, to control the economy, to control its expenses and its size and everything else.
00:21:59.000And we're really moving into uncharted waters here in this era with technology.
00:22:05.000And it'll be interesting to see how it plays out.
00:22:07.000I mean, that was just a little bit of a blurb.
00:22:09.000I hope that's helpful in explaining kind of what's going on there.
00:22:13.000And, you know, the show is not just about news, but also we got to inform the people about what's going on at a basic level.
00:22:22.000I really don't know enough about it to say whether you should buy it or hold it.
00:22:25.000You know, it looks to be a bit of a bubble right now because everybody's very excited about it.
00:22:29.000I would say that right now, the recent explosion in Bitcoin, and especially today when it goes up something like five grand in a day and highly volatile in minutes and hours, I would say right now the current increase, exponential increase, may be a bubble, maybe, you know, the giddiness that we saw in the tech boom or other booms throughout time.
00:22:50.000Throughout even the past five decades or so.
00:22:53.000But I would say that long term, Bitcoin has value.
00:22:56.000When you look at the direction the world is heading in, in terms of the instability of the world, in terms of the mismanagement of the money supply, the mismanagement of the government, you look at the incoming financial recession, and in the longer term, a coming global economic collapse, Bitcoin will be one of the few institutions, one of the few financial institutions that won't be affected, in my opinion.
00:23:22.000Because look at the way the economy is heading, the world economy, and we are sitting right now on the largest debt bomb in the history of the world.
00:23:30.000And nobody really talks about that too much.
00:23:33.000Libertarians, I think, are most concerned about fiscal and economic financial matters, but it's not talked about enough the fact that the entire global economy is propped up on just unsustainable amounts of debt.
00:23:47.000You look at China, which has grown exponentially in the past 20 years.
00:23:50.000I mean, you had 15% GDP growth per year in the 90s.
00:23:53.000That's tapered down to about half, but still pretty large these days.
00:23:58.000And yet they have a 200% debt to GDP ratio, which means that.
00:24:04.000The financial value, the fiscal value, rather than the monetary value, of all the goods that China produces in a year, if you multiply that by two, that's how much debt they have.
00:24:15.000So think of all the goods that China produces in the span of one year every knickknack from Walmart, every aircraft carrier.
00:24:23.000I mean, everything that China, a billion and a half people produce in a year, multiply that by two, that's their debt.
00:24:30.000And that doesn't even take into account their local debt.
00:24:33.000Japan, it's something like 180% debt to GDP.
00:24:39.000Every country in the European Union is flirting with a 100% or over 100% debt to GDP ratio.
00:24:46.000All the major economies of Asia, all the major economies of Europe, the major economies of North America are propped up on unsustainable, unpayable amounts of debt.
00:24:58.000And they're only growing, they're only increasing.
00:25:02.000And at a certain point, we're not going to be able to spend money.
00:25:06.000We're not going to be able to create wealth that doesn't exist.
00:25:09.000At a certain point, The binge on cheap credit, the binge on near zero interest rates for well over 10 years is going to come to an end very unceremoniously.
00:25:22.000And the question is not if that's going to happen.
00:25:54.000And there are very few industries, there are very few sectors of the economy which will not be affected, which will not see everything tank.
00:26:01.000You know, you saw in 2006, it was the housing bust, and people had places where they could put their money that were relatively safe from that.
00:26:09.000In 2008, when it was the financial sector because of collateralized debt obligations, And, you know, that was part of the housing bust.
00:26:18.000There were places that you could keep your money.
00:26:20.000There were places that weren't so much affected.
00:26:22.000I mean, there was a general downturn, but there were industries that were not totally destroyed and hollowed out by 2006 and 2008.
00:26:30.000But in this economy, just about every sector is a bubble.
00:26:33.000Just about every industry is affected by this massive expansion of credit, and therefore you have a bubble.
00:26:41.000And so Bitcoin comes into play where people see that this is the one thing.
00:26:45.000This is the one thing that might be safe from that.
00:26:47.000Where, if the dollar collapses as a reserve currency of the world, if the dollar goes down, if the SP goes down, if these mutual funds go down, Bitcoin will be there with its own rules, with its finite supply, its steady rate of growth in terms of the supply of Bitcoins, and there will be trust in that.
00:27:08.000I think that's the asset that Bitcoin has is that it's predictable.
00:27:12.000The asset that it has is that people have faith in it because the protocols are all public, it's safe, it's reliable.
00:27:21.000I think it's a good investment long term.
00:27:22.000I'm not a financial advisor, so don't sue me if it doesn't work out for you because I'm not a financial advisor.
00:27:29.000But I think it's a prudent investment.
00:27:31.000I don't know if it'll dip in the near future, but long term, I think it'll continue to grow because that's the source of its strength.
00:27:38.000And I think very few people understand that about Bitcoin.
00:27:41.000They see it as like, oh, it's this online cyber thing, therefore it must be less reliable.
00:27:46.000But in many ways, it's a lot more reliable than the U.S. dollar, which operates by the same rules, except you don't know what rules the Fed plays by.
00:27:55.000You don't know at what rate the supply is growing.
00:27:58.000You don't know if it's being counterfeited or whatever.
00:28:00.000I think the Federal Reserve is a counterfeiter, but.
00:28:08.000And the other big news that we have to get on to something a little bit less technical.
00:28:12.000I know that's very autistic for a lot of people.
00:28:16.000They don't like hearing about all these big financial words.
00:28:19.000In other words, it's going to get very bad economically, and Bitcoin's predictable, so it's going to be valuable.
00:28:25.000But to get on to the other big news of the day, we heard that Al Franken, or Buddy Al Frankenstein, is resigning from the United States Senate.
00:28:36.000This afternoon, from the floor of the Senate, he said that he would be resigning his post as senator of Minnesota tomorrow in response to really pressure from Democrats.
00:28:46.000It's not so much about sexual assault, it's more so about this recent, very concerted effort to force Al Frankenstein to resign.
00:28:55.000And so, in a very emotional speech and a very thought out, you know, heartfelt message today, he basically called all the women he accused, who accused him, liars.
00:29:04.000You know, in the same breath that he said, I regret, you know, everything I did, he said, They're all liars, and I apologize for nothing.
00:29:11.000And actually, Donald Trump's a sex abuser, but he did resign.
00:29:15.000And the takeaway from this, I think, is two things.
00:29:19.000Number one, on the very focused level in terms of what this represents, what this means for us this week, you have to understand that this had nothing to do with sexual assault.
00:29:30.000This had nothing to do with anything other than Roy Moore.
00:29:34.000John Conyers stepping down, Al Franken stepping down.
00:30:04.000And when Roy Moore gets elected on December 12th, it's going to be a hard case for Democrats and Republicans to make.
00:30:11.000That Roy Moore should be delegitimized or he should be dismissed from the Senate, like they're talking about doing, if they have Al Frankenstein continuing to serve and John Conyers to serve, when there's much more hard evidence about their sexual assault accusers and allegations than there is for Roy Moore.
00:30:28.000So you can expect that when Roy Moore wins on December 12th, they're going to try to dismiss him.
00:30:34.000They're going to try to get him out of his seat.
00:30:36.000I don't know to what effect that'll be useful.
00:30:38.000I imagine that Trump will be able to exercise power in his party enough that he'll prevent that from happening.
00:30:45.000I don't think that it was total BS when he talks about how we need the vote from Alabama.
00:30:50.000We need a Republican vote from Alabama.
00:30:52.000So I think Donald Trump will act in a way that will allow this to happen.
00:30:57.000I think Mitch McConnell will accept Roy Moore's victory.
00:31:00.000Paul Ryan hasn't really been so much of a player because he's the House.
00:31:03.000But the Democrats have done this to strengthen their hand, I think, not only in fighting against Roy Moore when he gets elected on December 12th, but also against Donald Trump.
00:31:12.000You know, there are early rumors, there are early talks already.
00:31:16.000About, well, Al Frankenstein steps down.
00:31:46.000And I think they're already setting up.
00:31:48.000I think the Al Frankenstein, the John Conyers resignation was a setup, not just for Roy Moore, but with Donald Trump, because you understand that the Democrats, their moral high ground, their moral.
00:31:58.000Superiority that they were able to use against us in 2016, and even, I mean, forever, for decades, has evaporated in the past few months with the celebrities that have been taken down.
00:32:10.000That was pretty indirect, but more directly, when all these sexual assault allegations came to light, and they were all Democrats in Nevada and California and Minnesota and Michigan, they looked like the biggest hypocrites in the world.
00:32:22.000And they know that going into 2018, it'll be tough for them to say Donald Trump is a bad person, the Republicans are bad people.
00:32:29.000And run on character arguments when they have seated in the Senate and the House of Representatives people that have been accused of sexual assault, very credible allegations of sexual assault.
00:32:42.000Takeaway number two is that regardless of what they do about this, regardless of if Al Frankenstein resigns, regardless of if Conyers resigns, they've already lost.
00:32:52.000I mean, that's the grand takeaway from everything is to think of how much progress we've made in a year in the sense that it doesn't matter if he resigns, it doesn't matter who resigns.
00:33:43.000ABC had to fire a reporter because they lied.
00:33:47.000And I'm not saying that NBC is fake news.
00:33:49.000I'm saying in the minds of the public, they have been associated, they have been irrevocably branded as fake, as phony, as untrustworthy, as biased.
00:33:58.000Trust in the mainstream media is at the lowest it's been, I think, in American history.
00:34:03.000Completely delegitimized, lost all credibility in the span of a year.
00:34:07.000And remember, The mainstream media was one of the most powerful elements and institutions against Donald Trump.
00:34:13.000I don't even think it was Hillary Clinton.
00:34:15.000I don't even think it was the Democratic Party.
00:34:17.000The number one lobbyist, the number one super PAC for the Democrats was the mainstream media, was CNN, was NBC, and a year later, done, gone, completely neutralized.
00:34:29.000The NFL, the NBA, all these other institutions, all the sports institutions, ESPN, that got so political last year.
00:34:39.000Sports commentators, and I don't watch sports, but from what I hear on Fox News, it got very political in terms of the protests, in terms of the commentators.
00:35:06.000Hollywood, if you even have to say it, has lost all credibility.
00:35:10.000After Harvey Weinstein came down, after everybody, even Time Magazine named the accusers of Hollywood as people of the year, the people of the year, the Me Too advocates who blew the whistle on all the sexual assault going on in Hollywood.
00:35:25.000Anybody that wants to accuse President Trump in 2020 of being a sexist, they're going to have a hard time of doing it from Hollywood.
00:35:32.000They're going to have a hard time doing it if they worked in television at any point.
00:35:37.000Even left wing people understand this.
00:35:40.000And then at long last, I mean, we went through the mainstream media, sports, entertainment, and even the Democratic Party, even the GOP, even the investigative arms of these political bodies has been completely neutralized.
00:35:54.000You have people like Al Franken, John Conyers, the congressman from Nevada, the congressman from California, the congressman, regrettably, from Arizona today.
00:36:03.000All of them being accused of sexual assault.
00:36:06.000I mean, they have no credibility now, they have no moral high ground.
00:36:10.000Even the investigation committee that said, We're American and we just don't want collusion in the election.
00:36:16.000There have been three people so far that have either been demoted or fired in the House intelligence investigation into Donald Trump, into Robert Mueller's special counsel investigation, because they had anti Trump bias, either in the form of emails or texts or statements.
00:36:32.000And so, what we're moving into in 2018, what we're moving into more broadly in 2020 and beyond, is a political arena where every single cultural institution, every political institution, Every lobbying institution that the left had before, that gave them an enormous advantage before they even decided which candidate to run, have all been completely neutralized, every single one of them.
00:36:59.000And it cannot be stated how important that is.
00:37:01.000It cannot be understated or overstated.
00:37:05.000It cannot be overstated how important that is.
00:37:08.000And I think you really start to understand what President Trump's strategy has been.
00:37:13.000You have all these smart guys, all these real brainiacs out there saying, why are you tweeting about the NFL?
00:37:20.000Donald Trump understands that this is a process.
00:37:25.000Donald Trump will not make the same mistake that Barack Obama did.
00:37:29.000Barack Obama, instead of solidifying his electoral gains, which he should have done, if he had gotten massive amnesty passed, if he had gotten comprehensive immigration reform passed, if he had basically consolidated control of these institutions and of the demographic situation, if he had consolidated his party machine so that the Republicans couldn't have come back in 2010 and 2012 and 2014.
00:37:54.000And won both changes of Congress, he would have been a transformative president.
00:38:00.000He would have had Hillary Clinton win in 2016.
00:38:18.000He wanted good news cycles, he wanted good press, he wanted to appease his supporters, he wanted to look like he was doing things.
00:38:27.000And so that's why the only major landmark pieces of legislation in his entire presidency were passed within the first two years of him getting into office.
00:38:37.000Passed with very little Republican support and are now dead, are now nowhere to be found, completely destroyed within the first year of the Trump presidency.
00:38:48.000And Donald Trump could do that if he wanted.
00:38:49.000Donald Trump could have, he could probably get funding on the wall.
00:38:53.000I mean, he could probably, I think, get started on the wall.
00:39:00.000He could be doing a lot better than he is if he were going all out, if he were wasting all his political capital, wasting all of his energy, wasting all of his time, going after big, huge reforms in the first year to appear like he was doing something.
00:39:16.000He could have presided like Barack Obama.
00:39:21.000Nobody would doubt whether or not Trump was doing a good job.
00:39:24.000Nobody would be questioning whether or not he's doing a good job.
00:39:29.000But then in 2018, he'd be facing a Democratic Congress.
00:39:32.000The media against him, Hollywood against him, the sports media entertainment complex would be against him, the Democratic Party, his own party would be against him.
00:39:42.000By 2018, any hope that he had to pass legislation would have died.
00:39:47.000The momentum from 2016 would be gone, the mandate from 2016 would be gone, probably the majorities from 2016 would have been gone.
00:39:55.000And by 2018, he would have no chance of passing anything.
00:40:06.000They'd have their Congress and they wouldn't make the same mistake twice.
00:40:10.000But what Donald Trump is doing is he is targeting where the power comes from.
00:40:14.000He's targeting where the legislation comes from.
00:40:17.000He's focusing on building a new party brick by brick, what Ronald Reagan never did, what George Bush never did, what Barack Obama never did.
00:40:27.000And so, right now, what you see him doing when he's going and he's campaigning in West Virginia and he's campaigning in Pennsylvania and in Arizona and he goes to Utah and he goes to Utah.
00:40:36.000And he tells people, I'm selling you back your land.
00:40:39.000He goes to the state capitol of Utah, where people are talking about running spoiler candidates in 2020, where people are talking about running hostile candidates for Senate in 2018.
00:40:50.000He went to Utah in a move that made no sense to anybody that thinks he's trying to get macro legislation passed and gave a speech about selling land back to people.
00:41:01.000Why would he go to Arizona and pardon Joe Arpaio?
00:41:04.000Why would he go to West Virginia and get the governor of West Virginia to convert from Democrat to Republican?
00:41:10.000Why would he make All this bluster and make all this effort to pass trade deals, specific trade deals with specific companies to get plants opened up in states like Wisconsin and Michigan and Pennsylvania.
00:41:23.000Why would he be focusing on coal in the Rust Belt in places like Ohio and Pennsylvania?
00:41:28.000And he neglects immigration for now, or at least he doesn't go all out on immigration.
00:41:34.000It's because he's focusing on building a new Republican Party and building a new party and building a new majority in both houses of, or both chambers of Congress.
00:41:44.000So, that in 2018, everybody that hasn't defected to President Trump away from Paul Ryan and Mitch McConnell gets primaried, either by Steve Bannon or somebody inspired by Steve Bannon.
00:41:54.000And when he gets that majority for the next two years, guess what?
00:42:18.000We've already done so much, and the next two years we could really have a shot at transformative change.
00:42:23.000So I implore people to think of it in a more strategic way, the way Trump is.
00:42:29.000That all these institutions that would have opposed him, that would have been a threat to him, that would have been a real obstacle to overcome to have these institutional reforms by winning these elections, I mean, that is, it's just brilliant.
00:42:42.000And it's delayed gratification, but it's working.
00:42:49.000All the organizing that George Soros has done.
00:42:51.000I mean, think of all the animus against Trump in this country and all the money that's being pushed into it, all the politicking going on behind the scenes.
00:43:00.000I mean, the Democrats must have thought the day after the election, or maybe a week after the election in November 2016, we have to do everything in our power to stop this guy.
00:43:12.000All the money, I mean, this is an emergency.
00:44:08.000This is somebody who knows how to think strategically, that maybe he doesn't have experience in politics, but he has experience in leading and being an executive.
00:46:09.000And in before, people say, Nick, you have a Patreon.
00:46:13.000I say at the end of every show, I say, if you'd like to make a donation, and you don't have to, but it does help, I mean, there's the information.
00:46:20.000Because people so often ask me, how can I support you?
00:46:23.000And also, people aren't doing it for a sexual way.
00:46:25.000People aren't doing it because I have a nice set.
00:46:28.000Okay, nobody's doing it because I flip my luscious hair around and regurgitate like these basic talking points.
00:46:44.000I talked actually to a good friend of mine, Alex Wadaslowski, earlier, and he said that every woman in the alt right that I've talked to agrees with you on women in the alt right.
00:46:58.000I mean, unironically, if we could be serious for a moment, we're not against women.
00:47:02.000We understand, I mean, we talk about on the show how women are the most important thing to our movement in the sense that men can do as much as we can.
00:47:13.000But if women are not there being good mothers and raising the next generation, forget it.
00:47:19.000We could be the greatest titans the movement has seen if we don't have women raising kids in a way that will produce a next generation worthy of carrying the torch.
00:47:48.000And women have a place in the movement, I think.
00:47:51.000In the sense that they can provide an example to younger women, or in the case of Van Coulter, I mean, this is a brilliant woman who does her research and she's funny and she's cool and she's punchy and she can really bring her game and she doesn't let any of that stuff bother her.
00:49:14.000Wherever you are, whether you're online or wherever, we're going to find you and you will be nagged for being a thought, okay?
00:49:22.000I mean, unless you're honest about it, unless you're transparent about it, the crypto thoughts that are there and they're hiding behind the veneer of trad, We will rip the veil right off, and rhetorically, of course, and we'll say, You are a thought.
00:50:27.000And that's going to sound ironic to a lot of people.
00:50:29.000For low IQ brainlets, that's going to sound silly.
00:50:32.000But what I mean by that is optics is about appearance.
00:50:36.000And so while Millennial Matt and David Duke might not have different views, it's different because Millennial Matt is not like a synonym for the Ku Klux Klan.
00:50:46.000You know, David Duke, unfortunately, because of his past activity, and that's not even a neg, that's not even to bust his balls.
00:50:54.000That's just to say, because of the way he came up and how the movement has evolved and his role in it, that is forever the connotation.
00:51:06.000And that's unfortunate because I don't think he has hate in his heart.
00:51:10.000I think he regrets those associations that he made.
00:51:15.000But unfortunately, you can't go back and change that.
00:51:18.000And people that want to, I think, put their pet pundit or their pet friend or associate and rehabilitating their image ahead of the actual agenda.
00:51:30.000Like, if we have to fight against mass immigration and also fight to rehabilitate people's public personas.
00:51:38.000I mean, one is going to impede the other.
00:51:40.000You cannot rehabilitate and also be going for something.
00:51:44.000You know, you have to focus on what is pragmatic.
00:51:48.000And the other stuff, it's unfortunate that people are not clear sighted about it.
00:51:52.000It's unfortunate that people can't have these people to the table for these conversations because of these connotations and these associations.
00:52:38.000Before you decide that you hate somebody because somebody On TV, told you so.
00:52:44.000I mean, you should make your own judgment.
00:52:46.000And that's a, you know, ideally, that's how it would be.
00:52:49.000But unfortunately, that's not the political reality of the situation.
00:52:55.000So that's why, you know, Mike Enoch, Millennial Matt, we can bring him on because nobody's, my mom's not going to hear those names and think white supremacist, you know, as the boomers say sometimes.
00:53:53.000I mean, whenever anybody wants to come on, the last person I debated from the alt light was Will Chamberlain, and he's never had a debate since then because I think he knew what happened.
00:54:06.000You know, he's a lawyer from Georgetown, national debate champion, 30 some years old, like a professional lawyer from Washington, D.C., and he got his butt handed to him by a 19 year old.
00:54:17.000You know, he kept saying, Nick gets a handicap.
00:54:20.000If Nick does this, he's a big winner, but nobody expects him to win.
00:54:23.000And I mean, like universally, I was the victor, it was reported.
00:54:27.000So I think that was, in a way, that was almost a strategic mistake because now nobody will come on the show.
00:54:35.000I mean, I invited Cernovich to come on the show and he refused.
00:55:22.000When you don't own your car, when you don't own your house, when you don't own your land, and I think if you don't have a gun, you don't own your land in a serious capacity, you have no power.
00:55:31.000That's how they've disenfranchised us.
00:55:33.000You may have nicer things than they had years ago, but you don't own it and it's lesser quality.
00:55:40.000That means you have nothing, you have no power.
00:55:42.000And that's not to say that, like, riches are everything, but it is to say that a thriving republic where you have a significant degree of autonomy and liberty rests on the fact that property and wealth is largely distributed.
00:55:56.000I'm not like a socialist, I'm a distributist.
00:56:00.000The economy and society works better when people are wealthier, when they have more.
00:56:05.000It's distributed and not so disparate as it is right now.
00:56:09.000That doesn't make me a Bolshevik, that makes me a distributist.
00:56:49.000Yeah, I mean, moving into government shutdown midterms, I think it definitely could have had something to do with AIPAC.
00:56:55.000And if you look at some of the lobbyists for Trump, Sheldon Adelson is one of them, I think that's definitely a good explanation for it because it was so sudden.
00:59:04.000When we debate on our show, that's a source of strength because we have so much faith in the integrity of the relationship that we can have a heated disagreement.
00:59:13.000And we know that the next day I can call him on the phone or I could DM him and it's okay.
00:59:18.000I mean, that's really, I think that just goes to show that it's a strong partnership.
00:59:22.000People say you argue sometimes, you guys are different.
00:59:25.000I think it's a testament that we're willing to sometimes have this expand and contract.
00:59:32.000You know, it goes to show that it's got some elasticity to it, which is a good thing.
00:59:37.000And shoot, I'm running out of time here.
00:59:39.000Spoiler alert, maybe Appalachia should be mined bitcoins or should mine bitcoins.
00:59:44.000Could be a fun rebranding of the area.