US forces seize a large oil tanker off the Venezuelan coast, which raises the question of what s coming next. President Trump talks about the possibility of using force in Venezuela. The Fed announces a quarter point cut in interest rates, and announces a plan to buy $300 billion in Treasuries.
00:04:16.560He was over, although two, which is unusual, two of the governors voted against what Powell did.
00:04:25.360At the same time, we seized a tanker off of Venezuela, and I believe that Rubio and Pete Hexeth have been up on Capitol Hill walking people through what's exactly happening in Venezuela.
00:04:39.920So we have the, you know, Maduro saying, hey, I've agreed to everything except where I'm going to land.
00:04:46.340But resources continue to be, assets continue to be added, including, I think, troops actually pouring through Puerto Rico.
00:04:55.020Looks like a huge pressure campaign now they've actually seized all tankers.
00:05:00.220If you remember, if you watch this show long enough, Eric Prince, years ago, this was Eric Prince's strategy, just to start seizing their tankers.
00:05:09.420You'll cut off the oil going to Cuba and the cash coming back from Cuba.
00:05:14.300So that's one way to start to bring them to the knees.
00:06:24.000He did reiterate – the president did reiterate that he's going to sign a – he's going to sign an executive order because you didn't get the AI amnesty with being in the big – in the NDAA after failing in the big, beautiful bill.
00:06:39.060We'll have to see a lot of consternation.
00:06:41.340There are other alternatives going around.
00:06:42.900A lot of people talking behind the scenes.
00:07:23.780The Justice Department yesterday announced – at the same time this was being announced – that they're rolling up a group of smugglers, black market smugglers,
00:07:34.660that are smuggling these exact chips into China and that these chips are so classified and so close to our national security that it comes with long penalties in prison.
00:07:45.680They announced at the same time we announced this deal.
00:07:49.280I asked Chris McGuire today what was the counterargument, and here it is.
00:07:54.780It's laid out in the Wall Street Journal.
00:07:56.820On the other side was NVIDIA with this counterargument, and I quote from the Wall Street Journal.
00:08:02.540Quote, Chinese cash fuels American innovation.
00:08:07.120Chinese cash fuels American innovation.
00:08:11.340This reinforced what McGuire told us today, which is they look at China – on one hand, when they're arguing for accelerationists and that nobody can say anything about what they're doing,
00:08:21.940and they want the weapons labs turned over to them, and they want all these financial breaks, they don't want to have anybody – they don't care if it's about communities, data centers, energy, kids, creators, intellectual property, conservatives, anything.
00:08:36.080They don't want anybody having any intrusion whatsoever, and they totally just want to be accelerationist with no intrusion.
00:08:43.680They say the argument you have to go along with that.
00:08:46.520That you have to put everything else aside is very simple.
00:09:00.280On the exact other hand, the only thing that keeps the CCP competitive in this is – well, first off, everything we give them, the debt, the equity, the whole ecosystem of training, the education of their young engineers, 350,000 – 350,000 – think about that for a second – who are here in the United States.
00:09:21.020That – and most importantly, the chips.
00:09:24.860Right now, everything else, you know, they're fairly close on some things, but they can't do anything about the chips.
00:09:30.120And Chris McGuire was saying it could be a five-year gap if you keep them from getting these chips because the Chinese just copy.
00:09:39.240They can't really innovate at that level.
00:09:45.440Joe, this whole – there's a couple of EOs bouncing around, right?
00:09:48.760I think the president, he just reiterated at this – and can you tell me we've got that clip of the gold card, which is one of my favorites?
00:09:56.440Howard Ludnick announcing the $2 million gold card today.
00:10:11.780The president reiterated, I am going to sign an executive order because we can't have all that – you can't be encumbered.
00:10:17.080And in something like this, they're going to have a million lawsuits right away because the states are going to say, well, we've got actual laws in the books.
00:10:27.000What you're doing is kind of executive orders, which really doesn't carry the weight of a law according into our – in our state except for where it intrudes into the federal government.
00:10:36.900So it's going to be a morass of lawsuits about this.
00:10:40.520But they're heading down the path of the executive order.
00:10:44.040There's another couple of executive orders bouncing around by people looking to present the administration with alternatives.
00:10:50.700I'm not sure these executive orders have any traction whatsoever other than the fact that people are drafting them and leaking them out because I'm not sure – when you talk about the one that's human flourishing, I'm not sure the accelerations of this right now are – they're changing the direction of our species.
00:11:12.500So I don't think they're that worried right now.
00:11:14.980High on their priority list is not human flourishing.
00:11:17.540I just don't think that's a high priority.
00:11:20.800If it was, you wouldn't have to go to them and say, hey, you have to protect the kids somehow, right?
00:11:25.980You have to pay for the content creation.
00:11:29.020You have to think about the communities before you start blowing out these data centers.
00:11:33.400You have to think about human flourishing may have something to do – our forefathers in West Texas and Arizona, those aquifers with the water, human flourishing may have something to do with that,
00:11:44.980to turn those deserts into paradises of which now the data centers are going to take the water.
00:11:51.280So what have you heard, sir, about human flourishing?
00:11:55.740Well, Steve, these two alternative EO drafts are an attempt by Republicans at the state level to counteract or at least steer whatever ends up in an executive order on one federal rule.
00:12:12.800Well, Sachs and company have pushed this idea that there needs to be one federal rule, one national rule book for AI.
00:12:24.040And the argument then is that states like California, Colorado, New York, their laws would –
00:12:31.800But hang on. Slow down. Hang on. Slow down. Slow down.
00:12:34.140So when you say Andreessen and Sachs are pushing this, they're not actually coming up with the rule book at the federal level.
00:12:41.500In fact, what they're saying right now, we don't want any rule book, but we certainly can't have the states coming in with Ron DeSantis in Florida says this, Greg Abbott in Texas says something else, Newsom's got something else.
00:12:54.420But they have not put forward – correct me if I'm wrong. Maybe you've seen it. I have not.
00:12:58.680They have not put forward what that framing device and even some modicum of details would be on federal regulation.
00:13:07.260If you mention that, you're a decelerationist.
00:13:10.580And as we saw in Mountain Head, the decelerationists are targeted for extermination, correct?
00:13:17.440Yeah. There is zero explicit language to tell us what this one federal rule would be.
00:13:25.240The only thing we have, for the most part, is David Sachs assuring Mike Davis that his four C's will be left intact.
00:13:32.420No details. No description of how that's going to happen.
00:13:35.680Just simply sit back, relax. We've got this.
00:13:38.600That seems to be their message as they push forward and run cover for companies that want to replicate and replace you.
00:13:45.400Yeah. Mike Davis – remember Mike Davis, one of the biggest defenders of the president as the viceroy.
00:13:50.800Mike Davis worked with a team of essentially conservatives.
00:13:55.220You're telling me it was a Tim Estes and these others that come with these other alternative EOs are all Republicans or conservatives right now.
00:14:03.180I think Mike Davis presented, I think, to the White House when we were still having this argument about the AA amnesty to say, hey, if you're going to force that through, here's something that would handle the four C's.
00:14:34.900Birchgold, now more than ever, you've had a rate cut.
00:14:39.380But President Trump, I think today with Scott Besson or maybe tomorrow is Warsh, Kevin Warsh, who was one of the cover bids for a pal as Fed chair last time.
00:17:22.600He said that he wants AI to be as simple as possible for companies since they are competing with some very big sources.
00:17:28.460We want to stay number one by a lot, Trump said.
00:17:31.920Trump said the U.S. is also leading the world in building data centers and chip manufacturing facilities, which is a new capacity for artificial intelligence.
00:17:39.380Earlier this week, President Trump announced he would sign an executive order to preempt states' laws on AI safety and copyright.
00:18:20.740So I think people would agree if we had a rulebook, right, obviously at the federal level is much simpler, particularly if it incorporates the four Cs and more.
00:18:30.880Number one is exactly what's going on in the labs.
00:18:33.440And if we want to turn the national weapons labs over to them, if we want to turn the national labs, we have weapons labs and national labs, we want to turn that all over to them, there should be some sort of regulatory apparatus.
00:18:46.120So if you're talking about writing rules at a federal level, I think people would support that, Joe.
00:20:33.040He was writing over at The Federalist, the great Sean Davis's paper, his website.
00:20:38.320And as everything at The Federalist, this was damn good.
00:20:41.980I just thought Joe Allen needed to be putting it up every other day, and that's where we went and got him.
00:20:46.580And he's got the MAGA base up the learning curve.
00:20:50.960And they're not being sold a bill of goods, and they're not going to just sit there and go, oh, yeah, you know, yes, we don't want – well, come on, man.
00:20:59.920And for people sitting there going, oh, these guys are really helping the Chinese Communist Party.
00:21:39.120Because the arms dealer, Jensen Wong, and I quote from the Wall Street – the Murdoch Wall Street Journal, and I quote, on the other side is NVIDIA with this counterargument.
00:21:51.240Chinese cash fuels American innovation.
00:21:53.740Well, in this one, baby, I tell you what.
00:21:56.180We'll figure out some other way for you to get cash, but you're not going to take it from the Chinese Communist Party.
00:22:01.560So, Joe Allen, they keep talking about they're going to have one rule book.
00:22:07.080Have you heard anything about, in the executive order, anything that they're actually going to put a set of rules in here to incorporate the four Cs, community creators, conservatives, and children?
00:22:24.840I haven't heard of any kind of regulatory apparatus or anything that they're talking about.
00:22:30.860What they want – and they've got it right now because every day that you don't step in there is like 10 years for them just to go on with what they're developing, of which we have no earthy idea.
00:22:43.100And the government is going to have essentially significant guarantees in here, and plus you're going to have to get guidance to build the data centers, to take the water, to provide the energy.
00:22:54.080They're going to have nuclear power plants all over it.
00:22:56.340And, hey, these nuclear power plants may be the key to the future for cheap energy, but you're going to have them anyway.
00:23:02.820There's so many complicated things here that have to be sorted.
00:23:05.320And Sachs and these guys, all they want to do in the dark of night – all they want to do in the dark of night is to try to slip into the – a must-pass NDAA AI amnesty.
00:23:16.040So are you hearing anything when they talk about one federal rule, one federal rule that covers it all?
00:23:26.320The closest we have is David Sachs attempting to placate Mike Davis by assuring everyone that the four Cs will remain intact and tacking on his own fifth C, which is competitiveness, saying basically whatever we do, we have to remain competitive with China.
00:23:44.540But as you just said, as Chris McGuire said earlier today, the same people are pushing to allow for the deal with NVIDIA selling their second-best chips to our greatest competitor.
00:23:59.460So it doesn't make any sense unless you assume that the primary motive is not necessarily national security, but perhaps the business interests of people like Jensen Wong.
00:24:13.060Mark Andreessen, the arms version, Jensen Wong.
00:24:20.040Well, because President Trump's Department of Justice, at the very moment they were announcing this deal – and thank God for having a sense of humor – they put out this huge press release of how they rolled up one of these CCP operations that was – wait for it – smuggling these very chips to the Chinese Communist Party.
00:24:43.060So they could either copy them or use them in national security.
00:24:47.020This is not Joe Allen, Mike Davis, and Steve Bannon saying this.
00:24:50.240This is the Department of Justice saying these were top-secret – these were top-secret chips going in to threaten the national security of the United States.
00:25:25.960I mean anything to allow them to basically nurture this space.
00:25:32.600And the one thing that you definitely don't do, you don't sell them a chip, give them a chip, let them steal a chip, look the other way when they borrow a chip, nothing.
00:25:41.500And when you do deals with the UAE, you make sure that there's no possibility, zero possibility, those chips can go to them.
00:25:50.140You want to get a dominant and you want to crush these people, which we can do, or do you want to sell them the very weapons through an arms dealer, a double-talking arms dealer like Jensen Wong, who just a month ago told us, hey, and David Sachs, what do you got to say of this?
00:26:06.600He, Jensen Wong said, it doesn't matter if China wins this race or not, it's all going to be good.
00:26:11.800It's going to be in the American stack.
00:26:13.220It doesn't matter if a Chinese company wins, it's all good.
00:26:16.440And being a China hawk, being someone that's against the CCP, that's not a badge of honor.
00:26:22.320He says, I just heard about this term.
00:26:26.920Well, dude, that's a badge that Joe Allen and Mike Davis and Stephen K. Bannon, the Committee on the Present Danger China, and tens of thousands of MAGA.
00:27:19.120You have right now an underground church, underground Christian church of over 100 million people that they torment and torture all the time.
00:27:29.100Not even including Falun Gong, not even include the Muslims out in Central Asia and political dissidents.
00:27:38.560The track record, you know what the badge of shame?
00:27:40.980The badge of shame is Jensen Wong, who is a operative and a mouthpiece for the Chinese Communist Party.
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00:29:09.140He is interviewing Kevin Warsh, who was one of the cover bids.
00:29:14.860I think John Taylor from Stanford, the individual that is renowned in this area for a strong dollar and tough monetary policy, who's Dave Bratz, one of Dave Bratz's heroes, was the cover bid with Powell.
00:29:29.700And also Kevin Warsh, so he's being interviewed by the Secretary of Treasury and the president.
00:29:33.640And the president is now in his final interviews with, I think, a handful of people to be the next Fed chairman.
00:29:45.120And on Venezuela, Rubio, Pete, Hegseth up on Capitol Hill, I think, explaining to people exactly where we stand, what's the story with killing these narco-terrorists that are coming across, and also different assets are up there.
00:29:59.160And I think a little bit of what the plan is.
00:30:01.520We seized a tanker today, so that's starting to ratchet up.
00:30:04.320But we're going to get back to AI in a minute and some comments from the president that we just pulled from the Oval Office.
00:30:11.720So, Wade, CRA, and part of this is the fact that you guys have spent some of your professional life actually defending the country.
00:30:23.900And people over CRA know this danger of this.
00:30:26.880You guys were very adamant early on, years ago, about this whole Afghan situation, this whole refugee situation, what has to happen here.
00:30:34.540You guys were on it before anybody else.
00:30:36.420Looking at the analytics of what Biden, not just the collapse in this fiasco of the final days in Afghanistan, but what it meant to have these policies where you're taking all these people in.
00:30:47.880And you've just put out, and if Grace and Moe can put up another amazing study from CRA, I know that Russ Vogt and all the team of yours in the government at the highest levels now will be very proud of how you guys are conducting yourself.
00:31:01.020The quality of the reports you guys have are second to none.
00:31:19.680You know, we're looking all over the country at all these things that are starting to happen in Minneapolis and outside of Houston, Epic City, and elsewhere, and wanting to really have a conversation that people are just unwilling to have, which is to say, maybe our vetting processes are wrong, and maybe we're not conducting them right.
00:31:36.920And if you look at all of the data and the polling, we're bringing in people to this country just because they're not members of Al-Qaeda, but they still believe in large percentages.
00:31:46.400Some of these are 90% plus of the entire population believe some of these things about child marriage, about, you know, murdering apostates, about, you know, stoning to death, you know, women if they're victims of rape.
00:31:59.140I mean, all sorts of very culturally odd and radicalized things that do not belong in our communities.
00:32:06.280And we wanted to just kind of re-elevate this in light of what we're starting to see.
00:32:11.740You know, we made these arguments in 2021 and 2022, and we were browbeaten by people who, on our side, you know, the right of center, who would say that, well, these people in Afghanistan, they fought alongside of us.
00:32:25.860Well, you know, we don't owe them anything.
00:33:25.980And at the center of it is radical Islam.
00:33:28.620And as a culture, we should be able to say we shouldn't be importing those ideologies into our countries, and certainly not in large numbers.
00:33:37.020Because over time, as we're seeing it with what's happening in Europe, it will manifest itself in ways that are intentionally starting to subvert our constitutional order.
00:33:46.820And we want to get ahead of this before it becomes the problem that it is in Europe and start denaturalizing, start moving, you know, taking away people's legal status for, you know, immigration fraud, whatever we need to do.
00:33:58.700But it's okay to have this conversation.
00:34:00.960I'm not saying we should go to Afghanistan and forcibly convert everyone there to Christianity.
00:34:27.820Well, now that we're past the screening and that, when you talk about denaturalization, what then is to be done?
00:34:33.200I mean, what the president keeps saying, and he says it in a little more earthy tones than the elevated tones we're talking about now.
00:34:41.460I mean, President Trump gets right down to it about his belief of the status of their societies and cultures and what he wants to do.
00:34:50.280What is CRA's recommendation to the administration of what is the program that should start kind of immediately to fulfill what the president's talking about in a conceptual level,
00:35:02.040to essentially get these folks out of the country and get them back into either a Muslim-majority country, of which we're paying half of these guys throughout the world,
00:35:10.120or just to send them back to Afghanistan and Somalia and other places, not just Afghanistan, but other places?
00:39:01.020We're not asking cultural permissive—you know, cultural questions, which would lend credence to the idea that this person's suitable for our communities.
00:39:10.620And as such, no one can really claim that they're being vetted.
00:39:14.340So we need to continue to argue that they're not being vetted.
00:39:16.460And then I would say support the administration's efforts to start rooting out the worst of these bad actors, turning off some of these, you know, refugee statuses, asylum statuses, and to continue to get some of these bad actors out of our country.
00:39:30.700Wade, where do they go for CRA, Center for Renewing America?
00:39:37.040Where do they go for you, social media, website, to get more of the information, sir?
00:40:17.600The administration is committed to total dominance in technology.
00:40:21.100Right now, we're leading artificial intelligence by a lot.
00:40:25.620And I think, you know, you look at what's going up, and we're writing rules, regulations.
00:40:33.560We want to keep it at the federal government level so it's simple for the companies, very important, frankly.
00:40:39.600And I think we're pretty well committed.
00:40:42.260I spoke to some of the senators today, and I think we're committed to do that.
00:40:47.480We want to make it as simple as possible, as easy, because you're competing with some very big sources, and we want to say number one by a lot.
00:40:55.880We're leading the world in building new data centers and new semiconductor and chip manufacturing facilities and new capacity for AI.
00:41:04.340And we're unleashing all of the forms, literally all forms of energy and natural gas and oil to clean beautiful coal and safe, reliable nuclear power.
00:41:14.480And I'm giving them approval to, when they build these massive plants, it costs $50 billion.
00:41:20.780You know, it used to be that for $50 million, you could build a nice little shopping center.
00:41:25.580But for $500 million, you could build one of the biggest, most beautiful centers.
00:41:31.400And now they're talking about $50 billion.
00:50:35.020And behind me, you guys can see tomorrow morning all the employees here making the MyPillows.
00:50:45.180You go further in my warehouse here, you have the MyPillow outlet store, you guys, which you guys get lower prices than the MyPillow outlet store with that promo code warm-up.
00:50:56.600And if you call 800-873-1062, you're going to get an operator, one of our operators.
00:51:05.720And MyPillow, we have prepared, not just jobs.
00:51:58.440We'll see you tomorrow morning, sir, at 11 a.m. Eastern Standard Time.
00:52:03.820When we're going to turn the better part of the hour over to Mike Lindell from the factory floor of one of the best little companies in this country, MyPillow.