In the wake of the death of DeMar Jalen Hamlin, the NFL and corporate media have been quick to point the finger at one another. But is it really as simple as that? Or is there something else going on here?
00:02:01.000And by the way, it was hard to watch, wasn't it?
00:02:03.000And let me be clear, by the way, I am not in any way blaming DeMar Hamlin because he perhaps has been put in an impossible spot.
00:02:10.000OK, I'm blaming the corporate media for a total lack of curiosity, for a dereliction of duty regarding any journalistic pretense to get to the bottom of this story.
00:02:21.000And I'm certainly blaming the NFL and perhaps other organizations, including public health authorities like Fauci.
00:02:27.000And let me tell you what I mean by that. But first, just as a preface to this, you know, for folks out there in the audience who might not be sports fans, realize the power of the NFL and just how ubiquitous it is in American life.
00:02:37.000You know, I'm probably like a lot of people in the audience.
00:02:43.000But nonetheless, the power of the NFL of the top 100 TV programs of last year of 2022, 82 of them were NFL.
00:02:51.000OK, that's the power and reach of the NFL.
00:02:53.000Now, this incident, this tragedy, it occurred on a Monday night game.
00:02:57.000So national television audience watches an athlete at the absolute peak of a physical condition and a relatively routine tackle by NFL standards collapse, collapse into massive cardiac arrest and very nearly die in all likelihood would have died if it were not for for extremely expert medical care being right there on the scene.
00:03:19.000Now, it received a ton of attention, as is warranted.
00:03:23.000But what has received almost no attention from corporate media is asking the critical questions of why did this happen to him?
00:03:29.000For example, is it a congenital issue? If it is, that's relatively easy to explain.
00:03:33.000OK, and maybe this young man, unfortunately, can't play football again.
00:03:36.000OK, what the media tried to do, though, was set up a diversion and the NFL tried to set up a diversion.
00:03:41.000And they claimed it was this extremely rare incidents called commedia cordis.
00:03:45.000Only that explanation doesn't hold water at all.
00:03:48.000OK, now that didn't stop Tony Fauci from going himself on national TV, even though he had never had never inspected, had never done any care over DeMar Hamlin.
00:03:59.000It didn't stop him from claiming definitively on national TV that it was commedia cordis.
00:04:04.000But if you look into the incidents, very rare incidents of commedia cordis, you find that it happens overwhelmingly to very young men, to teen boys and from a high velocity projectile like a baseball or a hockey puck into the chest of underdeveloped teen men.
00:04:20.000OK, that's that's the reality of commedia cordis.
00:04:23.000None of that exists here with DeMar Hamlin and the NFL.
00:04:26.000So, again, we don't know what happened.
00:04:28.000I realize a lot of folks in the audience are understandably very, very suspicious that the VACs has a role to play here.
00:05:44.000No, you're 100% because here's the reality here.
00:05:47.000And here's the quandary for the NFL for anybody who's being rational about this entire situation is that the if the NFL cannot provide an explanation.
00:05:55.000OK, if football is that dangerous that it can be deadly in an instant to someone in peak physical condition, then guess what?
00:06:16.000Their incentives entirely because of 82 of the top 100 programs of last year being NFL, their incentives are completely to cater to and to coddle the NFL.
00:06:34.000Where people really show up and watch.
00:06:36.000So the incentives are completely, unfortunately, misaligned.
00:06:40.000And especially when it comes to the sports media, the sports media, you know, just absolutely slobbers all over the NFL in an attempt to please the league.
00:06:49.000But the reality is there's something going on here, Stephen.
00:06:52.000The American people naturally have questions and the American people are naturally concerned.
00:07:00.000For example, we know factually, we know that excess deaths outside of covid deaths, excess deaths have have risen considerably and stayed stubbornly high.
00:07:20.000But here again, the total lack of curiosity from the corporate media.
00:07:24.000When you have several thousand excess deaths every single week in America and there's no conclusive explanation for that in normal times, corporate media would be all over that story trying to get to the bottom of it.
00:07:38.000Well, one of the reasons might be might be that big pharma is one of the biggest, if not the biggest advertiser for the legacy media, particularly for cable news.
00:07:47.000OK, so a total misalignment of incentives and a total conflict of interest regarding corporate media.
00:07:54.000But, Steve, lives are at stake here, potentially.
00:07:57.000And so these questions absolutely have to be asked.
00:08:00.000OK, the other one that's kind of slipped through and only I think we're in a couple of other people are talking about it is is the CDC now put the facts for the kids on on the on the requirements list is it's it's the recommended list.
00:08:15.000But as you said, I think it was you yesterday said that recommended list is taken by, I think, 24 states as like holy writ.
00:08:28.000Correct. No. And listen, the recommendation from the CDC, particularly the blue jurisdiction, it might as well be a papal bull.
00:08:35.000Right. OK, that will come ex cathedra from Tony Fauci and his ilk.
00:08:40.000And the blue states will use that as a justification.
00:08:43.000Believe me, I'm warning the parents in in blue jurisdictions.
00:08:46.000This is coming your way now that the CDC has officially added these new treatments, these new so-called vaccines to the child vaccination list.
00:08:55.000It is going to be mandatory for your children.
00:08:58.000So the time to organize a time to take action is right now to preclude this for the coming school year, because here's the thing, Steve, even if you believe in these vaccines.
00:09:08.000But even if you do, any reasonable, logical person would say, but you know what, given the kids are not vulnerable, thank God, are not vulnerable to dire effects of this virus.
00:09:18.000You never give medicine. You never give any preventative treatment to people for a malady that does not materially affect them.
00:09:25.000OK, that's just a precept of medicine. It's just a logical and ethical foundation.
00:09:31.000OK, the idea that we're going to force perhaps and at the least from the from public health authorities strongly recommend these medicines, these treatments for children who are not vulnerable to the virus.
00:09:44.000Steve, that is an atrocity. It's an outrage. And it's clearly only being pushed by a compromised public health apparatus at the direction of big pharma.
00:09:55.000That's the reality. First, do no harm.
00:09:59.000Steve, let's let's pop into the let's pivot and talk about the lived experience of the American people in the economy.
00:10:04.000Sure. So the economy, you know, unfortunately, we got terrible news. We talked about it a bit yesterday, but I think it's worth, you know, further inspection on inflation.
00:10:13.000The the corporate media here, once again, has failed in its duty and wants to sell us on a narrative, right?
00:10:18.000That inflation has suddenly cooled and it's no longer a problem, just as they told us as it was building, that it was all transitory.
00:10:24.000That was a lie. And now we got really bad news yesterday about a material uptick in inflation that this situation is not under control,
00:10:32.000that the Fed doesn't have things under control. And you know who believes that? Don't take Steve Cortez's word for it.
00:10:37.000Let's take the bond markets verdict on this so far. So if we look at chart number one, this is the yield curve.
00:10:43.000This is the two year versus ten year treasury yield.
00:10:47.000And this chart that I'm showing you there goes all the way back to the 1970s.
00:10:51.000I have more than four decades of data there. And I highlight for those who are watching and not just listening, I highlight in the yellow there.
00:10:57.000That is zero. That is zero percent. As you can tell, for almost all of history for the last 40 years, the yield curve is positive,
00:11:04.000meaning longer end rates are higher than shorter end. That is a normal yield curve.
00:11:09.000It's how the bond market normally functions. It's how it should function in a proper economy.
00:11:14.000On a few occasions, and they're notable because they're generally times of enormous economic stress, like the 0809 recession,
00:11:20.000like the dot com bubble, like the 1987 stock market crash. On these kinds of outlier occasions, the yield curve has briefly become inverted.
00:11:29.000This current inversion is not brief at all, Steve. And just yesterday, following the CPI news,
00:11:35.000we reached a new low for the yield curve at minus 83 basis points, meaning almost a full percentage point,
00:11:43.000two-year yield above 10-year yield. It's the worst it's been, the worst inversion since the early 1980s,
00:11:51.000which was the last time we had this kind of inflation. So what that signals to you is,
00:11:55.000if you're not somebody who watches the bond market historically, if you find bond math kind of mystifying,
00:12:00.000which I do understand, what this signals to you is there is enormous stress in the system right now.
00:12:06.000There is enormous worry from bond investors who historically, at least, have been the most institutional,
00:12:12.000the most mathematically based, and the most prescient investors in the world,
00:12:17.000whereas stock investors tend to be a bit more, shall we say, emotional over time.
00:12:22.000Bond investors are more important for the direction of the economy. And part of why they're feeling this way, Steve,
00:12:28.000I'd like to get into the food prices if this is the right time.
00:12:31.000Yeah, but it's a total, by the way, the 10-year bond, as everybody knows, the audience knows now, controls your life.
00:12:38.000This is a full rejection of the, this is the money speaking. The money has fully rejected essentially the Biden business plan.
00:12:47.000Is that a, is that a general way to let the, to tell the audience what's going on?
00:12:51.000Yes. Correct. Correct. This is, this is an absolute bond market revolt.
00:12:55.000And remember to think of the bond market as essentially the banker. The banker is revolting against the customer.
00:13:01.000The customer being the government of the United States, a full bond market revolt.
00:13:05.000And this is why the interest rate, the debt service situation for the United States, our debt, which was always problematic and always too big.
00:13:14.000It becomes an absolute crisis now because of this yield curve inversion that we're talking about.
00:13:18.000Christ. Pivot to food. Talk to me about the lived experience of Americans.
00:13:23.000So food prices. And by the way, CBS, I don't often give them credit.
00:13:27.000They did some really good reporting here and they talked about a hunger cliff.
00:13:31.000I think this is really important. A hunger cliff is looming because 32 states in America, which have been paying enhanced food stamps, very juiced up, more generous food stamp allowances than before because of the pandemic.
00:13:45.000Okay. That started in 2020. It is just about to end. It has to end in March.
00:13:50.000Right now, Steve, this is what the CBS report says. A family of four is going to see a $328 per month cut to their food stamp allowance.
00:14:00.000An elderly person who's getting the minimum is going to go from $281 a month to only $23 a month.
00:14:07.000That map there shows in the dark green. Those are the states that are about to cut the food stamp allowance.
00:14:14.000The reality is, unfortunately, right now, 42 million Americans are on SNAP, which is the acronym for what is colloquial known as food stamps.
00:14:22.000That is six percent higher than it was in 2020.
00:14:25.000Steve, the reality is these people are being taken off food stamps at a time of double-digit food inflation in the United States. Incredibly dangerous.
00:14:33.000At $23 bucks, you can buy a couple of dozen eggs, right, from where we are right now. Short break. Cortez, just hang with me.
00:14:40.000I know you've got to go, but I need you for a couple of minutes. I've got Brett. We're going to go to England and Europe and talk about the Scottish prime minister dropping out because of her pronouns.
00:14:58.000Despite the U.S. blowing through $31.4 trillion debt ceiling in January, the leftist White House still refuses to reduce spending.
00:15:08.000While our national leadership has buried their heads in the sand, when it comes to fiscal responsibility, it's time to pull yours out.
00:15:16.000Think about this. To dig our country out of this mountain of debt, every single taxpayer in America would have to write a check for $247,000, and it's only going to get worse.
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00:17:58.000And now you're going to go for a cliff because the phoniness of the emergency authorization he's got, the emergency powers comes due, and that means you're going to stop printing so much of this money and just spending, spending, spending.
00:18:39.000And by the way, toward the foundational problem, which I think you were alluding to, if we didn't have the United States of America, the ruling class of this country, sell out U.S. manufacturing and U.S. jobs to China, we wouldn't have 40 million people in the first place on food stamps because they would be making a great living wage here in the United States.
00:18:56.000We would have maybe 4 million people if we didn't have an open border rather than 40 million American citizens on food stamps.
00:19:01.000But here's the reality that these tens of millions of people face.
00:19:05.000For the last three years in most of the states of this country, they have gotten extremely enhanced benefits.
00:19:11.000In other words, the benefits were more generous.
00:19:13.000They were juiced to deal with the effects of the pandemic and the lockdowns.
00:19:18.00032 of those states coming this March in just weeks are going to go back to regular allocations of food stamps.
00:19:25.000And what that means is for a family of four, it's over $300 a month cut to their SNAP, which is the acronym for food stamps, to the SNAP allowance.
00:19:36.000For an elderly person who's on the minimum level of food stamps, they're going to go from $281 a month to $23 a month.
00:19:44.000And this in an era of double digit food inflation.
00:19:48.000So not only are they seeing their benefits massively cut, but on top of that, going into the grocery store, trying to afford food on their own, that is extremely elevated in price.
00:20:00.000That's why it's being correctly described as a hunger cliff that is facing this country.
00:20:06.000Okay, for the folks out here, you're the chairman of the creditors committee.
00:20:11.000And I didn't say that was going to be a day at the beach.
00:20:14.000And you're going to be called a lot of things.
00:20:16.000Remember, MAGA, the deplorables, the extremist MAGA Republicans.
00:20:20.000Since you're the adults in the room and you're chairman of the creditors committee, remember when you first heard about the hunger cliff, because you're going to get that put up in your grill.
00:20:29.000When we started talking about the debt ceiling and the cutting massive cuts in the appropriations bill, we can't afford, you're going to have, they're going to be in your grill about how heartless you are, how this is back to Victorian England, right?
00:20:45.000The heartless ones are the ones that stripped this country of its jobs, shipped them overseas and allowed 6 million illegal aliens to come in the country to compete, to compete with low skill workers.
00:21:13.000Dave Bratt, I've asked Dave Bratt to join us, the dean of the business.
00:21:17.000Bratt, you have focused on, you know, instead of having the phony financial economy where we just keep printing money to the Federal Reserve to pay for all the madness, right?
00:21:47.000He also highlighted the inverted yield curve, which always, you know, foreshadows the recession coming.
00:21:53.000And most people out there are used to thinking about a recession in, you know, the way they learned economics.
00:21:59.000You don't like a recession, but in the past, they have the positive property that they get rid of the bad firms and the rot.
00:22:06.000The people who made bad decisions go bye-bye.
00:22:09.000Unfortunately, that is no longer the case, right?
00:22:12.000Now, with the $9 trillion on the Fed balance sheet and the massive federal dominance, right, the federal spending, they subsidize the failing firms.
00:22:23.000And I'll get to that in the very close.
00:22:25.000But anytime you hear the word environment now, you just know that's a subsidy going to someone whether they care about the environment or not.
00:22:31.000It's just socialism and the big administrative state coming to the rescue of their friends.
00:22:36.000And so we don't have a working economy.
00:23:31.000But then from 2000 all the way to 2023, it's just going straight down.
00:23:38.000And productivity is your real economy.
00:23:41.000So when we say the real economy is a carcass laying there, that's it with productivity at roughly 1%.
00:23:48.000And then the question is, what comes next?
00:23:51.000And so Gordon, in his article, you know, he contrasts that the teens, right, the 2010 to 2020 decade had only 1% growth.
00:24:03.000The dot com era had 3% growth and the long term productivity was, you know, about 2.5% from 1950, from the end of World War II until today.
00:24:15.000And his paper, I'll put this up at Bratt Economics on Getter, goes into some highlights on the coronavirus and the effect of the shutdown on our economy.
00:24:27.000And ironically, productivity goes up through the roof a little bit in the folks who work from home.
00:24:34.000But what the paper shows is that is going away.
00:24:40.000And what we should expect, he says, this assessment leaves no room for a pandemic era revival in productivity growth, as has been widely suggested.
00:24:52.000Instead, there appears to be a consistent growth rate of about 1% in productivity going forward.
00:24:59.000And so no good news, he brings the data on productivity right up to the current date today and says, the next few quarters, what you're going to have is rehiring and lower productivity.
00:25:12.000Rehiring from the hiring we had prior to the pandemic.
00:25:15.000We're rehiring folks back into the economy.
00:26:08.000This thing, you can see the 2010 and the far left of the time period go down to 2010.
00:26:13.000And you see the total economy productivity, 0.64, 0.88.
00:26:20.000And then look at the business versus non-business productivity, right?
00:26:25.000So this is the problem right now with our economy and why we have long run trend problems.
00:26:30.000We're not highlighting the business sector anymore, the small business in particular, where everything's the government and the Federal Reserve.
00:26:38.000Well, look at the productivity numbers under non-business, right?
00:26:42.0000.51, 2010 for a decade, negative 0.09 in the non-business government and non-profit sectors versus the business sector, right?
00:27:22.000If you don't have 2.5% to maybe 3% of real economic growth, real growth, not the phony finance capitalism growth, you can't prosper as a society.
00:27:58.000And the first thing we're going to do is we're going to stop this insane government spending, and we're not going to lift the debt ceiling.
00:28:04.000We're going to use that as a leverage point.
00:28:06.000Brat, hang on for a second, because we're getting down to brass tacks.
00:30:50.000Take a look at this last chart, right?
00:30:52.000The whole proposition now is the environment dominates and should eclipse anything else you care about.
00:30:59.000We should give up the entire free market system, our constitutional government and freedoms because of the environment because it's so important.
00:31:07.000Well, here's the receipts on the environment.
00:31:10.000The curve going straight up through the roof is GDP growth, right?
00:31:34.000CO2 emissions are going down and aggregate emissions, which just means you add them all up, are going way down and less than they were back in 1970 on the far left of that graph.
00:31:46.000So we're supposed to give up the engine, the capitalist engine that made us all rich and gave us the lifestyle that's envied around the world on behalf of this environment.
00:31:56.000What the environment really means is go socialist, go central planning, go ESG, ship half your pension funds over to China, who is socialist in a totalitarian surveillance state.
00:32:10.000And so I just wanted to offer up these receipts right here.
00:32:13.000That graph right there is just staggering.
00:32:16.000When you look at the improvements, it turns out capitalists and rich people and the middle class and the war room folks all do like clean water and clean air.
00:32:27.000And we've made it happen using freedom.
00:33:59.000I have spent almost three decades in frontline politics, a decade and a half on the top or second top rung of government.
00:34:08.000When it comes to navigating choppy waters, resolving seemingly intractable issues or soldiering on when walking away would be the simpler option.
00:34:18.000I have plenty of experience to draw on.
00:34:21.000So if this was just a question of my ability or my resilience to get through the latest period of pressure, I wouldn't be standing here today.
00:35:18.000The main reason was the flack that she has got is the gender recognition reform bill that they've tried to push through and actually was blocked by Westminster for the first time since devolution, I think.
00:35:30.000And that would have given that would have given said if being over 18 and deciding what gender you want to be that day.
00:35:38.000Actually, that would reduce down to 16, 16 year olds deciding they want to change gender and also would change the requirement of a two year gap.
00:35:46.000So for two year, you need to be living in your new assumed gender.
00:35:50.000It would reduce that down to three months with no medical checks.
00:35:53.000So literally a 16 year old after three months can then announce that they want to change their gender and they would get the gender recognition certificate.
00:36:08.000One of the best little books out there is how the Scots invented the modern world, one of the poorest nations in Europe and transformed itself and became a leader.
00:36:34.000And they're more or less bankrupting Scotland.
00:36:36.000So over, certainly under Nicola Sturgeon's eight years as leader of the SNP and in effect, first minister or prime minister of Scotland, they pushed through free tuition, free childcare, free bus passes for everyone under 22, free prescription.
00:36:52.000So picking up your medicine, all free, free school meals.
00:36:55.000It was the first government in the world to declare a climate emergency.
00:36:58.000Now, the only emergency Scotland has is too wet and too cold.
00:37:35.000I'm hoping, I'm praying that we have, with the change of leader, that we have a change in direction away from the crazy gender ideology that she has pushed.
00:37:45.000But I don't know whether you'll have a change in all the freebies and those policies, but there will be a change in direction and probably focusing once more on independence, which was the SNP's reason.
00:37:56.000But for people that are so common sense and kind of hard headed, right?
00:38:03.000The Scotch Irish here, you get the Presbyterians, you know, the Stonewall Jacksons.
00:38:06.000These are people that when they're focused, you know, they're born fighting.
00:38:10.000And when they're focused, they're focused.
00:38:24.000Well, it happened under the umbrella of independence.
00:38:27.000I know when I talk to Scottish friends who have voted for the SNP because they want independence at all costs because of the hatred of the English.
00:38:39.000But many people vote for the SNP and they say, you know, we don't like all these other policies, but we need to be rid of the English.
00:38:45.000And that kind of inbuilt hatred derives in the vote for a party that has taken that because they are the only party wanting independence and allowed them to do everything else they've wanted to.
00:38:57.000So you've had crazy, far, far communist politicians leading the SNP that have abused the mandate they have received for independence and used it for something completely different.
00:39:09.000Now, support for the SNP has dropped considerably.
00:39:13.000I think there are 20, 20, 30,000 members have left the SNP.
00:39:20.000So they're facing a problem within the party.
00:39:23.000And I think they have decided that actually Nicola Sturgeon is too divisive a figure and maybe this gender stuff needs to be put to the side.
00:39:32.000But it's under that we need independence and they've been able to slip in a lot of other issues that people don't like but will kind of nod and accept simply because of the hatred of the English.
00:39:45.400Peter, how do people get to Hearts of Oak?
00:40:15.660By the way, I should just give you an answer.
00:40:16.840I went over and gave a speech that the Financial Times put on in 17 in Scotland right before Christmas, and they had a dinner with the prime minister.
00:41:09.580And I think fundamentally the reason is with the collapse of the Berlin War 30 years ago, the left really, once the economic platform fell for the floor, it spent a generation and a half searching for a new identity.
00:41:27.300And when, of course, the globalists, the World Economic Forum and what have you, they successfully inserted into the reason for being of these left-wing parties, but not only on the left wing, a totally foreign and alien agenda.
00:41:47.160And I think that's really the problem that Nicola Sturgeon faced, who I always credited with being quite – I mean, obviously, I don't support her politics, but I always credited her with being quite an accomplished and capable politician in a way that I never rated the Jacinda Ardern, whom you were referring to a short while ago,
00:42:15.340the resigned in disgrace prime minister of New Zealand, who I always thought was just basically a waste of space and fundamentally incapable.
00:42:25.060I would sooner compare Nicola Sturgeon to Angela Merkel, who, as, again, I'd say a relatively competent, experienced political leader, found herself breaking the back of her own political career,
00:42:42.680because she found herself unable to resist the globalist agenda.
00:42:49.200Now, in the German case, it was the open borders.
00:42:56.500They just hadn't accepted a couple of million asylum seekers from Syria in a very short time.
00:43:02.700And, of course, that just finished her political credibility totally.
00:43:05.960In the Scottish case, it's – even though she has – well, you know what?
00:43:12.020I'll give away for the break, and I'll explain exactly what went down in Scotland, because it's absolutely terrifying.
00:46:48.940I mean, fundamentally, this is the paradigm that underwrites the whole of the political discourse in the West.
00:46:58.000Because Christianity proposed an understanding of man, that every single person was of infinite value, unique, irrepeatable, made in the image and likeness of God.
00:47:09.900And that's there in the Judeo-Christian tradition.
00:47:14.860And what we've had after two centuries of increasingly militant and hardline and intolerant secularism is the redefining of what man is.
00:47:26.500Basically, man being, to go back to, I think, Greek philosophy, a social animal.
00:47:33.160And under the Christian, the Judeo-Christian anthropology of what man is, man has his own dignity, his own rights, his own value, before he enters society.
00:47:45.140Because it's part of his ontology, if you'll let me.
00:47:50.040But the modernist projection says that man only has a person, a human being, only has any value or dignity to them once they enter society.
00:48:03.000Because it's part of their role, their participation in society that gives a person their value.
00:48:10.220Well, these are irreconcilable, contrasting viewpoints.
00:48:19.120And the fundamentalist, because when you have a society built up of individuals, you have a liberal democracy.
00:48:24.720When you have a society which is basically a collective, a social collective, you then have totalitarianism.
00:48:32.000And what we're seeing as we're moving along the sliding scale here, as human history winds along its path, is the receding, the recession of Christianity as the bedrock of our culture is giving way to a totalitarian viewpoint.
00:48:49.040And, of course, that's why, as Peter was saying correctly before, that without even thinking about it, Nicola Sturgeon started pushing all these communist policies in Scotland.
00:48:58.900Edem Angela Merkel, Edem Jacinda Ardern, and it's the same, the left over.
00:49:06.300And this is the reason why, because the left doesn't believe that a human being in and of themselves has an infinite value to them.
00:49:14.620They believe that they, as the overlords of society, get to say what the value is for a human being or what it isn't.
00:49:22.320They can give and take away, according to as they define, bills of rights and constitutions.
00:49:28.140That's the horror of the situation that we're moving to.
00:49:31.840It's something that we as defenders of the Judeo-Christian West are absolutely implacably opposed to.
00:49:38.800I don't know if you want to just cover in the closing minutes exactly what happened in Scotland.
00:49:51.620I want to hold that and get a deeper dive on that maybe tomorrow.
00:49:54.940I want to, real quickly, I just want to turn because I've got to get back to the FT here.
00:49:58.580The hot new book among all your betters, the World Economic Forum crowd, is Martin Wolf's Crisis of Democratic Capitalism.
00:50:05.420This is the book, okay, that's out right now.
00:50:07.800Wolf is the lead columnist for the Financial Times of London.
00:50:10.780And I just got to get to the Ukraine of it all.
00:50:14.300The new intervention is laden with risk by Martin Wolf.
00:50:17.980This is like, gee whiz, this new intervention is laden with risk.
00:50:22.480Yeah, we told you that a year ago before you killed 50,000 Ukrainian civilians.
00:50:27.100Your thoughts on this from your seat in Rome, Ben Harnwell.
00:50:31.320Well, jump from one of my favorite hobby horses to another one.
00:50:37.100The issue here about the new interventionism is exactly the problem that we had with the neocon project of nation building.
00:50:44.520It's not so much that these people believe that you can, with enough dollars, recreate societies that don't have the cultural underpinnings to produce a Western law-abiding democracy.
00:50:59.520The problem with nation building or new interventionism or whatever the present name is, is that it's an opportunity for grift for the overlords.
00:51:09.400That's the reason why everyone watching the war must be opposed to this project, because it's yet another justification behind which the sociopaths that misgovern us can take ever more money from our bank accounts, from our money supply, and leave us in poverty.
00:51:29.520Ben, how do people get to War Room Rome?
00:51:33.020How do they get to all the stuff you're putting up all the time?
00:51:34.980We're going to get you back on probably tomorrow to continue on this, because the Scottish question is quite important for everyone in the world to understand exactly how this happened to one of the greatest countries and one that arguably invented the modern world.
00:52:10.040Ben Harnwell's show, Grace and Moe, make sure you know what time it's up, the War Room Rome, and we translate it into English so that you guys can all see it.
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