America First - Nicholas J. Fuentes - April 24, 2020


TikTok Livestream-2988857743474950162 (Apr 24 part 3)


Episode Stats


Length

17 minutes

Words per minute

190.15

Word count

3,315

Sentence count

235

Harmful content

Misogyny

3

sentences flagged

Toxicity

7

sentences flagged

Hate speech

14

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

In this episode, I talk about my views on immigration, foreign policy, and why I don t like Israel. I also talk about how the relationship between the U.S. government and Israel is one of the most abusive in the world.

Transcript

Transcripts from "America First - Nicholas J. Fuentes" are sourced from the Knowledge Fight Interactive Search Tool. Explore them interactively here.
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:01.000 I feel like, what's that girl's name?
00:00:02.000 Gabby? 1.00
00:00:04.000 You're fucking with the wrong bitch. 1.00
00:00:06.000 Yeah, I thought about just starting a stream and dropping like N words. 1.00
00:00:10.000 Like, I'm just having so much fun with this.
00:00:15.000 Starts a stream and dropping like N words.
00:00:19.000 Like, I'm just having so much fun with this.
00:00:24.000 Starts a stream.
00:00:25.000 Oh, we're just going to watch Star Wars 3 for 10 minutes.
00:00:30.000 Like,.
00:00:31.000 Okay, so we're almost at 700.
00:00:35.000 So we're going to resume from where we were. 0.77
00:00:37.000 So, plank number one immigration.
00:00:40.000 Plank number two foreign policy.
00:00:43.000 No open ended, unconditional commitments to foreign countries. 0.69
00:00:48.000 That means including and especially Israel.
00:00:51.000 Why are we in Iraq?
00:00:52.000 Why are we all over the Middle East? 0.85
00:00:55.000 Because of Israel's national security interest.
00:00:58.000 And a lot of people support Israel in the conservative movement.
00:01:01.000 I get that.
00:01:02.000 I used to be the same way.
00:01:03.000 When I was in high school, I knew all the talking points.
00:01:06.000 I was right there.
00:01:08.000 People are saying the lag is bad.
00:01:10.000 Okay, so I guess there's some bad lag going on.
00:01:13.000 Doesn't matter.
00:01:14.000 We will push through no matter what. 1.00
00:01:17.000 But a lot of people like Israel.
00:01:19.000 Like I said, I used to be super pro Israel, super Zionist, neocon back in high school.
00:01:25.000 And I knew all the arguments.
00:01:26.000 You know, what are the arguments?
00:01:28.000 Israel's our closest ally.
00:01:29.000 They help us fight terrorists.
00:01:30.000 They're the only democracy in the Middle East.
00:01:32.000 They fought for.
00:01:34.000 Wars against an Arab coalition in 48, 56, 67, 73, and then two intifadas.
00:01:40.000 Believe me, I've heard it all before. 0.88
00:01:42.000 I know.
00:01:42.000 I used to be there.
00:01:44.000 But then I looked up something called the Clean Break Memo.
00:01:47.000 The Clean Break Memo in 1996, which was written by Wolfowitz, Fief, Wormser.
00:01:55.000 And this was written by American officials for the Netanyahu government in the mid 1990s.
00:02:02.000 And what it basically said was it is in the interest of Israel to destroy Iraq.
00:02:07.000 And then destroy Syria and then destroy Iran.
00:02:09.000 Now, all those people that wrote that memo, and I'm oversimplifying, but you can look it up.
00:02:13.000 I probably sound crazy if you don't know what I'm talking about, but you should look it up.
00:02:17.000 All these people that wrote that memo back in 1996 for the Israeli government, they then went into the Pentagon under George W. Bush.
00:02:25.000 And what happened under George W. Bush?
00:02:27.000 War in Iraq, paved the war for the intervention in Syria, and began to build a case for war in Iran.
00:02:34.000 And you can read a book called The Israel Lobby about that.
00:02:37.000 And there's a lot of resources out there.
00:02:38.000 I can't go over it all.
00:02:40.000 It's a lot.
00:02:41.000 I'm trying to fly through these points, but that's one of the big ones.
00:02:43.000 A lot of people say, What's your problem with Israel?
00:02:45.000 I don't have a problem with Israel.
00:02:47.000 You know, I don't think about Israel.
00:02:48.000 I don't like hate Israel or anything.
00:02:50.000 What I don't like is when America serves another country at the expense of our own country.
00:02:55.000 So people say, Why do you hate Israel?
00:02:56.000 I don't.
00:02:58.000 I honestly don't.
00:02:59.000 I don't wake up every day and think, Oh, Israel's, you know, existing.
00:03:02.000 That's not my problem.
00:03:04.000 My problem is our relationship, the relationship which is abusive.
00:03:08.000 The relationship, which is one sided.
00:03:10.000 You know, if I have a friend who's taking advantage of me, you know, let's say I have a friend who's always borrowing money from me and sleeping over at my house and eating food out of my refrigerator.
00:03:19.000 It's like, I don't hate you, right?
00:03:22.000 It's not like I want your house to be bulldozed. 0.99
00:03:24.000 It's not like, oh, you should die. 1.00
00:03:26.000 I hate you. 0.99
00:03:27.000 It's like, I just wish you would stop treating me this way. 0.96
00:03:29.000 I wish you would stop.
00:03:31.000 I wish this relationship were more two sided.
00:03:33.000 I wish it was a two way street.
00:03:35.000 Can you please stop treating me this way?
00:03:37.000 That's what we want.
00:03:38.000 And so, what does that mean?
00:03:40.000 That means no more foreign aid.
00:03:41.000 That means they stop spying on us, and they do spy on us.
00:03:44.000 They spy on us more intensely than even our enemies.
00:03:48.000 Based on varying estimates from the CIA and the Congress and other intelligence sources, they either are the second, third, or fourth most aggressive spying operation on U.S. soil.
00:03:59.000 Second, third, or fourth most aggressive spying operation on U.S. soil, behind only Russia.
00:04:04.000 But in some cases, they say that China's a little bit more aggressive.
00:04:08.000 In every case, they say Russia's more aggressive, but they're an ally.
00:04:11.000 We pay them $3.8 billion per year.
00:04:13.000 We sell them our military tech, and they spy on us more aggressively than all of our allies and even some of our enemies, some of our worst enemies.
00:04:21.000 Okay?
00:04:21.000 But it also expands to other things.
00:04:23.000 It's not just Israel when we talk about foreign policy, although that's the biggest thing. 0.57
00:04:27.000 We're for ending the war in Iraq.
00:04:29.000 Ending the war in Afghanistan, ending our involvement in Syria, Yemen, Somalia, West Africa, you know, all over where you have American troops that don't belong there.
00:04:39.000 But it also extends even to NATO.
00:04:41.000 You know, we put up most of the money for NATO, and it's basically an anachronistic, meaning it's out of place in our current time.
00:04:50.000 You know, that's maybe a big word for our TikTokers here.
00:04:53.000 But NATO has basically outlived its usefulness. 0.82
00:04:56.000 NATO was designed to serve as a defensive treaty against the Warsaw Pact, to serve as a defensive alliance.
00:05:02.000 To stand against the Soviet Union and more broadly the Warsaw Pact, which was the communist aligned countries.
00:05:08.000 But the Soviet Union is dead.
00:05:10.000 And now Estonia, Latvia, Lithuania are NATO members.
00:05:13.000 Ukraine is being courted by the European Union.
00:05:16.000 You know, there's no need for it, really.
00:05:18.000 But if there was a need for it, it wouldn't be, you know, saber rattling with Russia.
00:05:22.000 And certainly if it does still need to exist, these other countries need to put up money because they're rich too.
00:05:27.000 So, plank number one on America first is immigration.
00:05:30.000 Put American people first on immigration, not just on illegal immigration and, you know, not just on permanent.
00:05:37.000 Green cards, but also on these temporary work visas. 0.88
00:05:39.000 So, immigration, put Americans first, shut down immigration. 0.82
00:05:43.000 On foreign policy, I'm going to try and adjust myself.
00:05:46.000 This is like a bad angle.
00:05:47.000 I wish I didn't have to charge my phone, but it's dying.
00:05:50.000 So, I'm like restricted here.
00:05:52.000 Maybe I'll take it off the charge or I'll wait for it to give me another warning because this angle is terrible.
00:05:57.000 So, immigration restriction, non intervention on foreign policy, America first on foreign policy, which I just went over.
00:06:05.000 It means no open ended.
00:06:08.000 Unconditional commitments.
00:06:09.000 Those are the two things open ended and unconditional.
00:06:12.000 We can have commitments, we can have allies, but none that are open ended and none that are unconditional.
00:06:16.000 They have to be interest based, and we have to establish some upper bound on that, some time limit or something, so that we're not with these countries ad infinitum no matter what, and they take advantage of us.
00:06:27.000 That's called moral hazard.
00:06:28.000 So, immigration, foreign policy, we say America first, not isolation, but America's interest.
00:06:35.000 And then lastly, it's on economics.
00:06:37.000 Primarily, we talk about trade, but also about economics.
00:06:40.000 So, I want to start by talking about trade, and that'll be a good segue.
00:06:45.000 Excuse me.
00:06:46.000 I'm a little under the weather in case you can't tell.
00:06:49.000 We'll start by talking about trade, and then we'll get into economics.
00:06:52.000 So, where we differ from conservatives on economics and on trade in particular is that conservatives are in favor of free trade.
00:07:00.000 And they say that there should be no trade barriers put up by the United States.
00:07:04.000 They say that we should have no tariffs, they say that we should have no other non-tariff barriers.
00:07:09.000 They say that we should just have complete.
00:07:11.000 Open free trade with these other countries and import as much as we can and export as much as we can without regard to the exchange rate of our currency, without regard to currency manipulation by foreign countries, without regard to the fact that other countries have trade barriers like tariffs and non tariff barriers, like they force companies to sign agreements where they give up their intellectual property or they teach the country how to do their manufacturing or the industry.
00:07:40.000 Kind of a complicated subject, but.
00:07:42.000 Point being, most conservatives say we need free trade.
00:07:46.000 No trade barriers, just trade your goods and services.
00:07:49.000 America first says we need to protect our industry.
00:07:52.000 We need to protect our workers and protect our economy, protectionism, with tariffs and other non-tariff barriers.
00:08:00.000 In other words, what we want to do is foster industry in America, particularly manufacturing and industry, but also other things like the industries of the future, like artificial intelligence, robotics.
00:08:10.000 We want to protect our strategic resources, things like steel, things that are needed in the production of planes and tanks and bullets for our military.
00:08:19.000 It's much more prescient even now, or much more pertinent, I should say, now during the coronavirus pandemic.
00:08:26.000 We should be producing our own. 0.85
00:08:27.000 Masks, our own ventilators, our own medical equipment, because you're seeing when China makes all of our medical equipment, now they can hold it hostage at a time of crisis. 0.96
00:08:37.000 So a lot of this is just obvious.
00:08:38.000 We need to protect our industries.
00:08:40.000 We need to protect our workers.
00:08:42.000 And the reason why is this a lot of conservatives like to say that, well, free trade benefits everybody involved because of comparative advantage.
00:08:49.000 And I'm not going to explain the whole thing.
00:08:51.000 Probably a lot of you guys have heard this doctrine before, but they say that if one country specializes in widget A and one country specializes in widget B, Then the country that specializes in Widget B can make all Widget B's and export to the other country, and the country that makes Widget A can export all the countries to Widget B country, and everybody is richer.
00:09:11.000 It's more efficient, and everybody is wealthy.
00:09:13.000 But this is an oversimplification.
00:09:16.000 You know, Ben Shapiro and many others are fond of saying that there's nothing wrong with a trade deficit.
00:09:21.000 There's nothing wrong with our trade relationship with China because our relationship with China as a country is like our relationship as individuals with a grocery store.
00:09:31.000 People like me will say the problem with our relationship with China is that they export too much to us.
00:09:37.000 We have a $200 to $500 billion trade deficit before Trump with them.
00:09:42.000 And a lot of conservatives say, well, that doesn't matter that we have a trade deficit because you have a trade deficit with your grocery store.
00:09:48.000 We're buying goods from China with cash and other things.
00:09:51.000 And that's the same as you going to the grocery store and giving cash for bananas or for pickles or hot dogs or, you know, coconuts, you know, or whatever, milk, eggs, you know, the staples, cheese.
00:10:04.000 But of course, this is again an oversimplification.
00:10:07.000 Just like comparative advantages, so is this.
00:10:10.000 America buying more goods from China than they buy from us is not the same as you buying more from your grocery store than your grocery store buys for you.
00:10:19.000 And I'll tell you why.
00:10:20.000 It's because of something called balance of payments.
00:10:23.000 Balance of payments.
00:10:24.000 And look this up.
00:10:25.000 When we have a trade deficit with China, what does that exactly mean?
00:10:29.000 When we have a $500 billion trade deficit with China, what does that mean?
00:10:33.000 It means that we import $500 billion worth of goods more.
00:10:38.000 Than they import from us.
00:10:40.000 That if you subtract what we export from what we import from China, you have a negative $500 billion figure, right?
00:10:49.000 But think about it this way you're not getting $500 billion worth of goods for free.
00:10:55.000 When China sends us $500 billion worth of goods more than we send them, why would they do that?
00:11:01.000 Why would they just give us more stuff than we give to them?
00:11:04.000 Of course, we don't get that $500 billion worth of stuff, which might be consumer electronics or You know, parts or things like that, cheap plastic stuff, toys, whatever.
00:11:16.000 We're not getting that for free.
00:11:17.000 We have to give them something for that.
00:11:20.000 That $500 billion has to be balanced out somehow.
00:11:23.000 And if it's not being balanced out by what we export to them, it's being balanced out in other ways.
00:11:28.000 And how do we pay for those goods?
00:11:29.000 We pay for it in three ways we pay for it with currency, with debt, or with assets.
00:11:36.000 This is how we pay for it.
00:11:37.000 Either we give them money for it, we give them cash, American dollars, we give them our debt.
00:11:43.000 Which means to say that we're just going to say, I owe you, and we'll pay interest to them on that debt, or we're giving them assets.
00:11:49.000 We're giving them things like equities.
00:11:51.000 We're giving them real estate.
00:11:52.000 We're giving them securities.
00:11:54.000 We're giving them stocks, in other words, things like that.
00:11:56.000 And think about it this way.
00:11:58.000 Predominantly, China exports to us cheap things that are easy to make, cheap, low quality things that are easy to make, right?
00:12:07.000 And a lot of people like to think about toys because toys is the simplest one, or shoes, you know, things that are very simple.
00:12:13.000 You know, the raw goods are very cheap.
00:12:15.000 It doesn't take a lot of intensive skill or labor to make them.
00:12:18.000 And think about it this way if we're getting $500 billion worth of McDonald's toys, Is it worth it to trade $500 million in McDonald's toys for $500 billion worth of real estate?
00:12:31.000 If we were to say, okay, we're going to take these McDonald's toys and in exchange, we're going to give you all this land in Kansas or all this land in Iowa, all this land in California, would that be a fair trade?
00:12:43.000 Of course not, because land is worth more than consumer goods.
00:12:49.000 Now, what about other assets like stocks, ownership, and shares and companies?
00:12:53.000 Is it worth it to trade?
00:12:55.000 Ownership in Amazon, ownership in Apple, shares of these companies in exchange for cheap plastic goods.
00:13:01.000 Of course not.
00:13:03.000 Of course not.
00:13:03.000 Because assets have the ability to appreciate over time.
00:13:07.000 And assets have value that goes into the future.
00:13:11.000 If you buy something that's a consumption good, a consumer good, you consume it and then it's gone.
00:13:16.000 I wouldn't trade you, in other words, a stock in Apple for an actual Apple.
00:13:21.000 Because I can eat an Apple and an Apple perishes.
00:13:23.000 An Apple is consumed.
00:13:25.000 But a stock in Apple has the ability to appreciate and has value.
00:13:28.000 Right?
00:13:28.000 It has more value than that.
00:13:30.000 So, assets doesn't make any sense, but that's what we're doing.
00:13:33.000 Assets are going for these cheap goods.
00:13:35.000 What about debt?
00:13:37.000 Is it worth it to trade debt for cheap consumer goods?
00:13:40.000 The same is true here.
00:13:41.000 The thing about debt is not only are they owning our debt, and that's obviously a liability in more ways than one, but also we're not just paying them back the principal, but we're also paying them interest on that.
00:13:52.000 So, would you go into debt buying things like apples or consumer goods or cheap plastic things?
00:13:58.000 Of course not, because you're going to be paying them.
00:14:00.000 Forever.
00:14:01.000 We can't even pay our own bills, let alone pay the interest and the principal back on our debt.
00:14:05.000 So, in other words, we're saying, okay, we'll take all this cheap stuff that we can produce ourselves and we will indenture ourselves to you forever and we'll pay interest to you forever.
00:14:14.000 And you're just going to have this passive income based on these consumer goods that you're providing to us that we could make ourselves.
00:14:19.000 It doesn't make any sense.
00:14:20.000 And then, lastly, and this is the most complicated, is currency.
00:14:23.000 If we're not giving them assets or debt for their stuff, we're giving them currency, we're giving them cash.
00:14:29.000 What do they do with the cash?
00:14:30.000 Now, this is a little bit complicated.
00:14:32.000 But basically, what they do with the cash is they put it in these reserves.
00:14:38.000 And I'm oversimplifying a lot of the stuff.
00:14:40.000 Maybe some of the economists are saying, well, that's not exactly right.
00:14:42.000 I'm oversimplifying for the sake of brevity and also for the sake of an audience that maybe is not well read on trade.
00:14:49.000 But we also give them currency.
00:14:50.000 And the long story short on currency is that the more of our currency that they have, the more they can manipulate the exchange rate.
00:14:58.000 And so basically, what they do is they take our dollars and they put them in this government fund.
00:15:03.000 And what they do with this government fund is they will release this money into the world market at strategic times to manipulate the exchange rate with world currencies and with their currency.
00:15:15.000 And what they can do by releasing the money at strategic times is they can devalue their currency against ours and they can make it so that their products are more competitive than domestically produced products.
00:15:29.000 If they devalue their currency, then that means that their prices for the same goods will be lower.
00:15:34.000 Than the prices for the goods in our country that are denominated in the dollar.
00:15:38.000 And that means that we're going to buy more of them.
00:15:40.000 And that means that that is only going to further facilitate a trade deficit.
00:15:44.000 The more that they devalue the currency, the cheaper their stuff is, the more competitive it is, the cheaper it is, the more competitive it is, the more that we're going to import from them, and the more we import from them, the greater the trade deficit gets.
00:15:58.000 The greater the trade deficit gets, the more that we pay them in debt, assets, and currency.
00:16:04.000 And I know that one's a little bit complicated.
00:16:06.000 I know the balance of payments is tricky, but if you're looking for a book on that, it's called Free Trade Doesn't Work by Ian Fletcher.
00:16:12.000 Free Trade Doesn't Work by Ian Fletcher.
00:16:15.000 That one's a little bit complicated.
00:16:16.000 I understand if I. Rush through that one too quickly if I didn't explain that one the best.
00:16:21.000 But these are essentially the three pillars of America First America First on immigration, America First on foreign policy, and America First on trade.
00:16:30.000 But I want to expand a little bit on trade, too, because this is the important thing about trade, which helps us understand the broader economy.
00:16:37.000 Of course, trade isn't the only part of the economy.
00:16:40.000 You know, we trade with other countries like China and Canada and the European Union, but we also obviously have an economy internally, and we have fiscal policy and we have monetary policy.
00:16:50.000 Excuse me.
00:16:51.000 You know, the government decides how much to tax us, and the government decides where they're going to put their subsidies, and you know how the economy works.
00:16:58.000 But where trade helps us understand the economy is because when we look at trade, notice in that conversation, I didn't talk about anything like individual liberty, I didn't talk about GDP, I didn't talk about your right to buy from China.
00:17:14.000 I talked about what's good for America.
00:17:16.000 I talked about how are we going to have a situation where America is wealthy?
00:17:21.000 How are we going to have a situation where America has the raw materials and