Stay Free - Russel Brand - Ryan Grim (Banking Meltdown - Is This 2008 Again?)

00:00:00.000 Hello there, you Awakening Wonders.

00:00:01.000 Thanks for joining us on Stay Free with Russell Brand.

00:00:04.000 Wherever you're watching this now, the whole show is available exclusively on Rumble.

00:00:08.000 For the first 30 minutes, we will be broadcasting anywhere that will have us.

00:00:13.000 But after that, we've got some fantastic stuff for you that simply cannot be said out loud on heavily regulated platforms.

00:00:21.000 Some things need a lot of regulation.

00:00:23.000 For example, the banking system might benefit from some regulation.

00:00:28.000 But broadcasting?

00:00:30.000 Why?

00:00:30.000 The only regulation required is your own principles and your own morality.

00:00:34.000 Where do you stand on the subject of free speech?

00:00:36.000 If you stand alongside us, believing that free speech will lead to open conversation, deeper communication, new connections, and ultimately revolution, then you can join us on Rumble, and even join our Locals community, where you get access to a whole bunch of stuff, including my stand-up special, Brandemic, available now.

00:00:52.000 Super funny, you can buy it for a one-off price of $20, or it could become an annual member and get all sorts of content for us, unless

00:00:58.000 of course you're worried that we're about to have a global financial collapse. Is the

00:01:03.000 collapse of the Silicon Valley Bank and Signature Bank the in augur, the impriture of 2008 Part

00:01:09.000 2? Because you remember how they dealt with...

00:01:11.000 It can't happen again, can it?

00:01:12.000 Surely they learned their lesson.

00:01:14.000 Surely you couldn't get the very same people that were involved in clearing up that mess as the very people that created it.

00:01:20.000 Surely you wouldn't get people to introduce regulation, then reverse that regulation.

00:01:23.000 That would be absolutely crazy.

00:01:25.000 We'll be talking to Ryan Grimm.

00:01:27.000 From the intercept about the banking collapse and where it's likely to lead us all.

00:01:32.000 Then, once we're exclusively on Rumble, we'll be talking about all sorts of crazy stuff from Pfizer and January 6, all sorts of things that you're going to absolutely love.

00:01:42.000 I'll be talking about my appearances on Fox News, meeting Tucker Carlson, all of that stuff in our presentation.

00:01:48.000 Here's the news now, here's the effing news.

00:01:51.000 But, For a while, shall we just revel in the simplicity of the wonderful world of entertainment?

00:01:57.000 It was the Oscars.

00:01:58.000 Do you care about the Oscars anymore?

00:01:59.000 Do you care?

00:02:00.000 Did you ever care?

00:02:01.000 I think there will always be a bit of me that cares.

00:02:04.000 A little bit.

00:02:05.000 It's nice, isn't it?

00:02:05.000 Do you think me not caring about the Oscars is spite and malice?

00:02:10.000 Because I never got one, or the only time I was near one was when I was giving it to another person.

00:02:16.000 Did you want to give it to them?

00:02:17.000 I wanted to keep that but I thought I can't in good faith keep this Oscar for best short film as I haven't made any short films at all.

00:02:25.000 Well I think we've made lots of short films.

00:02:27.000 Well actually don't you think that those films we make every day where we do our level best to expose hypocrisy and corruption and bring people together in spite of cultural differences are worthy of an Oscar?

00:02:35.000 Well the Academy do not think that and that's why I'll be boycotting the Oscars, not that they've noticed.

00:02:41.000 Hugh Grant though, fellow Englishman and wryly intelligent Brit, was at the Oscars and of course he's... You can see that what's happened to Hugh Grant is he's stopped caring about things like this.

00:02:52.000 He's become weary, hasn't he?

00:02:53.000 Yeah, he's sort of... I'd say it's like Neo.

00:02:56.000 He's sort of woken up and he finds himself still at the Oscars, obligated I imagine to attend due to his commitments to certain projects that he's attached to and starring in.

00:03:05.000 But while there he's thinking, oh don't make me do this.

00:03:07.000 And that's really plain when you see him talking to this attractive journalist.

00:03:10.000 Have a look.

00:03:12.000 What are you most excited to see tonight?

00:03:14.000 To see?

00:03:15.000 Yeah, well, I know that you probably watched a few.

00:03:18.000 The spirit of the chat, has he?

00:03:21.000 Sorry, he's become a curmudgeon.

00:03:26.000 He doesn't even accept the premise.

00:03:28.000 To see?

00:03:29.000 The movies, are you excited to see anybody win?

00:03:31.000 Do you have your hopes up for anyone?

00:03:36.000 Hope's up!

00:03:37.000 Are they up?

00:03:38.000 The old hope or...?

00:03:38.000 Hope's down or normal.

00:03:40.000 You can just see that Hugh Grant is not connected to this scenario at all.

00:03:47.000 No.

00:03:47.000 No one in particular.

00:03:48.000 OK, well... I said I don't care.

00:03:50.000 I don't care about the Oscars.

00:03:52.000 I've woken up in the bubble.

00:03:53.000 What are you wearing tonight, then?

00:03:55.000 Just my suit.

00:03:56.000 Your suit?

00:03:57.000 Who made your suit?

00:03:58.000 You didn't make it.

00:03:59.000 I can't remember.

00:04:00.000 My tailor.

00:04:00.000 That's okay.

00:04:02.000 Shout out to the tailor.

00:04:04.000 So tell me, what does it feel like to be in Glass Onion?

00:04:07.000 It was such an amazing... What does it feel like?

00:04:10.000 Because what could you possibly say in response to the question, what does it feel like?

00:04:13.000 While you're being in Glass Onion, it feels like, wow man, I'm in Glass Onion.

00:04:17.000 I'm enjoying myself.

00:04:18.000 It's amazing because she's gone from, how do you feel about what you're about to see?

00:04:22.000 And he's not giving her anything.

00:04:23.000 And then she's gone straight to what are you wearing?

00:04:25.000 Which is obviously a standard question at these awards ceremonies.

00:04:28.000 It's kind of amazing that that's the second or often first question at most awards ceremonies.

00:04:33.000 What are you wearing?

00:04:34.000 Do some promotion, please.

00:04:36.000 It's because it's pageantry, I suppose.

00:04:38.000 People talk about nihilism and materialism and the meaninglessness of our contemporary culture, predicated as it is on consumerism and commodification, but we still intuitively reach for meaning and purpose.

00:04:51.000 Sort of set of signals that indicate to us that life is not just an empty, occasionally stirred morass of nothingness.

00:04:59.000 And the Oscars, like they were setting up for Oscars when we were recently in Los Angeles.

00:05:03.000 They shut down all of Hollywood Boulevard.

00:05:04.000 There's scaffold being erected.

00:05:06.000 There are billboards slung up.

00:05:08.000 And of course, we're all aware of this, aren't we?

00:05:09.000 We're telling you nothing new that there's a financial crisis apparently being precipitated.

00:05:15.000 There's a geopolitical disaster already happening for the people of Ukraine, but happening Elsewhere, a slow creep towards war with China.

00:05:22.000 The conditions of the pandemic being lived out, explored.

00:05:26.000 Is it leading to more centralisation of authority?

00:05:29.000 Are we being communicated to correctly and openly around that and a whole host of subjects?

00:05:33.000 Are we being bludgeoned with lies?

00:05:35.000 And obviously Hugh Grant, who I know a little bit, not very well, But he's like a very intelligent person who's having to answer questions about his clothes and not to discredit the other person, she's just doing what her job is.

00:05:48.000 Isn't it like, don't you think, tell me in the comments in the chat if you feel the same whether you're watching this on YouTube or if you're watching this with us now on Rumbles or our membership platform Locals.

00:05:57.000 Do you find it harder and harder to participate?

00:05:59.000 Like when I see stuff like this I'm like oh god is this still Going on, is this still happening?

00:06:03.000 Of course there was a time where I craved it, like I really wanted to be involved in that.

00:06:07.000 I remember standing backstage, there I am look without a beard, of course one of our mates says that when I don't have a beard I look like when Darth Vader takes his helmet off.

00:06:15.000 Like standing there backstage and seeing all their moscas lined up together. 1.00

00:06:19.000 It's weird to see a coveted item abundant, that's the That's the idea that motivates Andy Warhol isn't it?

00:06:24.000 If you endlessly repeat Marilyn Monroe or Elvis you recognize everything has become commodity or if you reify a can of soup you sort of say oh everything could be celebrated as a work of art and for me now I don't know about you guys I start to feel like is this still happening?

00:06:40.000 I mean I do care about football though so I am still engaged in cultural ephemera and I know brilliant films are still made and beautiful artifacts emerge continually from the culture but I do Yeah, because it always does come back to the same thing.

00:06:51.000 What are you wearing?

00:06:52.000 friend holds true that primarily these festivals these ceremonies serve as a

00:06:57.000 kind of way of regalvanizing your interest in stuff that you sort of

00:07:02.000 shouldn't really care about. Yeah because it always does come back to the same

00:07:06.000 thing what are you wearing like it's a kind of reset of...

00:07:10.000 As you are aware we are all dying What are you wearing while you are dying right now?

00:07:17.000 At the end of it, Hugh Grant, like so if you could see he's sort of got this almost ennui and despair.

00:07:23.000 If you want to click over and watch us on Rumble right now you really ought because the second half of this we're talking about January 6th and the media's misrepresentation of it and the sort of Tucker Carlson controversy and how January 6th is being used.

00:07:33.000 We'll also be talking about some of Pfizer's new post-pandemic deals and I really loved it.

00:07:38.000 I love a thriller.

00:07:39.000 mendacity around those things. Of course on YouTube we are curtailed by guidelines

00:07:44.000 which I'm sure they put in place for the best of reasons but over on Rumble we

00:07:47.000 are free to speak as we would, as our consciences would have us. Let's see how

00:07:52.000 Hugh Grant wraps up this debacle.

00:07:54.000 I really loved it. I love a thriller. How fun is it to shoot something like that?

00:07:59.000 Well I'm barely in it.

00:08:00.000 I'm in it for about three seconds.

00:08:02.000 Yeah, but still, you showed up and you had fun, right?

00:08:04.000 Uh, almost.

00:08:06.000 Okay.

00:08:07.000 God, Hugh!

00:08:07.000 Nothing.

00:08:08.000 Nothing.

00:08:09.000 I mean, like, he's actually unable to participate in this.

00:08:09.000 Oh, God.

00:08:13.000 I would say, if I was working with or for Hugh Grant, I'd say, Hugh, you're not going to the Oscars no more.

00:08:19.000 You don't like it.

00:08:20.000 You shouldn't be forced to go.

00:08:21.000 I don't even think you like being in Glass Onion very much.

00:08:23.000 You're actually not doing us any favours here.

00:08:25.000 Although he is really good in films these days.

00:08:28.000 He's really good in that one with Wishaw.

00:08:30.000 He's really good in Paddington.

00:08:32.000 I think he's a brilliant actor, but he doesn't like the Oscars.

00:08:35.000 That's how I used to feel at those Oscars.

00:08:37.000 And things like that only went once.

00:08:38.000 That's how I used to feel at those things, sort of bewildered and overwhelmed.

00:08:42.000 And like, this isn't... Is this right?

00:08:44.000 Is this life?

00:08:45.000 Is this what's happening?

00:08:46.000 Remember, even when there's things like the British Comedy Awards, you say you don't know how to organise your face.

00:08:52.000 When you're sat on a table waiting for a nominee.

00:08:54.000 And the nominees for Best New Comedian, Russell Brand, some other people.

00:08:57.000 I won it.

00:08:58.000 Some other people.

00:08:59.000 I don't know what to do with my face, like, during it.

00:09:02.000 How should I look during it?

00:09:04.000 I've never been comfortable with that stuff, but let's just see that despair on Hugh Grant's face before clicking over into a financial crisis that might be a repeat of 2008, in which, of course, quantitative easing was introduced to bail out the big banks, even though Biden's saying taxpayer money won't be used.

00:09:16.000 Is that true?

00:09:17.000 Ultimately, let's see.

00:09:18.000 But first, Let's look at Hugh Grant experiencing despair at the Oscars.

00:09:23.000 All right.

00:09:23.000 OK.

00:09:24.000 Well, thank you so much.

00:09:25.000 It was nice to talk to you.

00:09:27.000 Back to you, guys.

00:09:27.000 Yeah.

00:09:27.000 All right.

00:09:28.000 That bit at the end is my favourite bit.

00:09:32.000 OK.

00:09:32.000 Yeah.

00:09:33.000 Oh, dear.

00:09:34.000 I mean, he is OK, isn't he?

00:09:34.000 I hope he's all right.

00:09:35.000 He's having a career renaissance.

00:09:37.000 Oh, yeah.

00:09:37.000 He's brilliant in film, so that's good news in some regard, I suppose.

00:09:41.000 Now, let's have a look at the collapse of the Silicon Valley Bank.

00:09:45.000 The Silicon Valley Bank has collapsed.

00:09:46.000 There's a number of reasons for this, like there's been a 4.5% increase in interest rates, so bonds that they bought are now less valuable and stuff like that.

00:09:55.000 You know, Gareth and I, you may not know this, we're not financial experts, but sadly, neither are the people that are organising these bailouts.

00:10:01.000 They're usually lobbyists This story shows you everything you need to know about the symbiosis between Wall Street and Washington.

00:10:09.000 It tells you a lot about the lobbying industry.

00:10:11.000 It tells you a lot about the lack of lessons learned from 2008.

00:10:14.000 It tells you a lot about how convergent interests around both the Republican Party and the Democrat Party ultimately align when it comes to the big issues like finances.

00:10:23.000 And it shows you how the media will always lean into partisanship.

00:10:27.000 Do you think I've done the story justice there, mate?

00:10:28.000 You're right.

00:10:28.000 I mean, the kind of reporting of it, if you look at the right or the left, you know, from the right, it's focusing on like woke issues, which I don't think has anything to do with deregulation of the banking industry.

00:10:39.000 From the left, it's all about blaming Trump when actually what we know is the kind of deregulation of the regulations that were meant to be put up in 2008 to protect ordinary Americans were then, you know, watered down in 2018.

00:10:51.000 Only for medium sized banks.

00:10:54.000 Correct.

00:10:54.000 Medium-sized banks was never the problem.

00:10:56.000 Stadium banks, they were called.

00:10:59.000 They're all right.

00:10:59.000 It's those two big banks.

00:11:00.000 The two big to fail banks that did fail, they were bad.

00:11:03.000 But medium-sized banks that you make stadiums with, they need to be deregulated.

00:11:07.000 And as a result of lobbying, they were.

00:11:09.000 And now look what's happening.

00:11:10.000 Shall we have a look at the mainstream media reports on this story?

00:11:12.000 Yeah, absolutely.

00:11:13.000 We'll see how, you know, biased they are and how reductive.

00:11:16.000 Ultimately, what we always talk about is how reductive the mainstream media are.

00:11:19.000 And this is exactly what they do here.

00:11:20.000 This is the Republicans' fault because, of course, it's, I think, MSNBC's with a man who I believe is called Chris Hayes.

00:11:27.000 I get that impression.

00:11:28.000 I don't know why.

00:11:28.000 I mean, I'm an investigative journalist.

00:11:30.000 See if you pick up on it.

00:11:32.000 Five years ago, when Republicans were last in control of the House of Representatives, they used the opportunity to roll back banking regulations put into place after the 2008 financial crisis.

00:11:44.000 So it's Donald Trump's fault.

00:11:45.000 There he is being jostled by sort of, I don't know, Congress folk, lobbyists, bankers, whoever the hell those people are.

00:11:51.000 But let's have a look at the banking crisis timeline.

00:11:54.000 Let's see how this unfolded.

00:11:55.000 Check it out.

00:11:56.000 Let's have a look at that on the screen now.

00:11:57.000 Thank you.

00:11:58.000 Now, in 2010, the Dodd-Frank Act was brought in, but I need that full screen to read it, please, if you don't mind.

00:12:04.000 The Dodd-Frank Act brought in by the Congressman Barney Frank and Senator Chris Dodd was designed to tighten banking regulations to prevent another 2008 crash.

00:12:13.000 It was supposed to prevent risky investments.

00:12:15.000 Note the names Barney Frank and Chris Dodd.

00:12:18.000 Try and remember them just for a few seconds.

00:12:20.000 In 2015, Greg Becker, Silicon Valley Bank's president, submitted a statement to a Senate panel pushing legislators to exempt more banks, including his own, from new regulations.

00:12:31.000 I'm here mostly on behalf of banks in general, but also the bank that I work at.

00:12:36.000 Passed in the wake of the 2008 financial crisis.

00:12:39.000 A couple of months later, SVB added the former Obama Treasury Department official Mary Miller to its board, noting she had previously helped oversee financial regulatory reforms.

00:12:49.000 So that whole revolving door idea that many of us think is significant when it comes to politics and finance is exemplified here in this story.

00:12:58.000 In 2015, Democrat Congressman Barney Frank.

00:13:01.000 Oh, I remember Barney Frank from the Dodd-Frank Act a second ago.

00:13:04.000 That's him.

00:13:05.000 Just, oh, he's cropped up again.

00:13:07.000 Well, he knows the most about regulation, Russ.

00:13:09.000 Oddly, he was pushed to ease banking regulations after joining the Signature Bank board.

00:13:14.000 I mean, it's another one of those stories that shows you that how you intuitively think these things work is exactly how these things work.

00:13:21.000 Over at Signature Bank or SVB or whatever bank, they go, I know how to get past some of these regulations.

00:13:26.000 Why don't we get hold of one of the Congress people that drafted the bill and get them to lobby on our behalf and say, You know, I know I drew up this regulation, but I was, you know, I was much too regulatory that day.

00:13:39.000 I was really regulated.

00:13:40.000 I was regulating everything.

00:13:41.000 I wouldn't let the dog out of the house.

00:13:43.000 I told my wife, put a longer skirt on.

00:13:45.000 I regulated the hell out of my kids.

00:13:47.000 And do you know what?

00:13:48.000 I thought, I wish I could turn back the clock.

00:13:50.000 Thankfully, I can.

00:13:51.000 Let's deregulate stadium banks or medium-sized banks.

00:13:54.000 These kind of banks that are failing right now.

00:13:56.000 That's old Barney Frank for you.

00:13:57.000 Barney Frank, apparently available for a million dollars.

00:14:00.000 That's an allegation.

00:14:00.000 I can't prove that.

00:14:02.000 Allegedly.

00:14:02.000 No, you can prove that.

00:14:03.000 Oh, I can prove that.

00:14:04.000 You can prove that.

00:14:04.000 He was paid a million dollars.

00:14:06.000 He got paid a million dollars.

00:14:07.000 Strike that from the record.

00:14:08.000 In 2018, the Trump administration, remember, bipartisan, everyone's involved, began to repeal the act.

00:14:13.000 Regulations for smaller banks were removed and lower capital for loans were required.

00:14:17.000 So you just saw the mainstream news saying, oh, it's Trump.

00:14:19.000 We saw him.

00:14:20.000 Just like Trump to be jostled by all those jostlers.

00:14:23.000 Then 2021, the Biden administration came in.

00:14:25.000 The regulations Trump had changed remained the same.

00:14:29.000 We beat Farmer this year, all of the excitement, all of the Sturm und Drang.

00:14:33.000 Yeah, 50 Republicans and 17 Democrats.

00:14:36.000 So, you know, it was a bipartisan effort to deregulate what we were told was put in place to protect ordinary Americans.

00:14:43.000 And now, not Obama, but Biden himself is saying that Taxpayers won't be footing the bill, but a lot of financial experts are saying that that's not strictly true.

00:14:52.000 Not strictly true, that tangentially they ultimately will be.

00:14:55.000 The final point on our little financial timeline, and why don't you take a screenshot of this, then you can do your own TV show to your pals.

00:15:02.000 President Biden has reassured Americans that, oh yeah, Gao just did that bit.

00:15:06.000 So let's check it out.

00:15:07.000 Let's have a look at Joe Biden now, looking all presidential and stuff.

00:15:11.000 Oh yeah, look, here's a bunch of people that voted for both Trump and Obama.

00:15:13.000 We know about all that kind of stuff, don't we?

00:15:14.000 So ultimately, it's the same sort of system, same sort of results.

00:15:17.000 And man, you know, even if you're a person that dislikes right-wing politics for your own reasons, or you dislike left-wing politics for your own reasons, you have to acknowledge that there's a symbiosis and a kind of flow between these administrations that Obama's actions in 2008 contributed to the election of Trump because of the alliance of the same financial interests that ultimately benefit whoever is in government.

00:15:42.000 Here's Biden trying to make it clear that we will not see 2008 Part 2 and that taxpayers won't foot the bill.

00:15:48.000 But some experts, even as this story breaks, are saying that's simply not true.

00:15:51.000 And we will tell you a little more about that after we watch the man himself this go.

00:15:54.000 I want to briefly speak about what's happening in Silicon Valley Bank and Signature Bank.

00:16:00.000 Today, thanks to the quick action of my administration over the past few days.

00:16:03.000 It's been so quick.

00:16:06.000 Lightning!

00:16:07.000 Whoosh!

00:16:08.000 There he goes.

00:16:08.000 Yeah.

00:16:09.000 Making quick actions.

00:16:10.000 Let's see what these quick actions are.

00:16:11.000 Americans can have confidence that the banking system is safe.

00:16:16.000 Your deposits will be there when you need them.

00:16:18.000 No losses, and this is an important point, no losses will be borne by the taxpayers.

00:16:24.000 Let me repeat that.

00:16:25.000 No losses will be borne by the taxpayers.

00:16:28.000 Now, what I take that to mean, and let me know in the chat in the comments if you think this means I've become cynical and jaded.

00:16:34.000 What I reckon that means is they now recognise that people don't like bailing out big banks after 2008.

00:16:40.000 So you have to explicitly say we won't be doing that.

00:16:43.000 But he uses the language, the nomenclature, taxpayer.

00:16:47.000 So you won't be via an over-observable tax be foot in the bill.

00:16:52.000 But Gail, do you want to read what them experts are saying?

00:16:54.000 Because it seems like there are tangential, indirect indirect ways through banking fees that will likely end up

00:16:59.000 with ordinary Americans that mean that you will all pay for the bill

00:17:02.000 simply because the bill's too big to be paid for by this fund that they're

00:17:05.000 saying is going to pay it.

00:17:06.000 Yeah so finance officials have said that covering depositor losses from the bank

00:17:09.000 failures will be met in part by the deposit insurance fund held by the FDIC

00:17:13.000 the government corporation that supplies deposit insurance the depositors in US

00:17:18.000 commercial banks and savings banks. Susan Streeter though who is head of money and 0.88

00:17:23.000 markets at Hargreaves Lansdowne said the wider banking system will bear the brunt

00:17:27.000 of the bailout of banking customers as the money will come from the fees

00:17:31.000 institutions pay into the deposit insurance fund.

00:17:34.000 If that happens, it will get harder to argue that the non-bailout bailout will not ultimately fall on US taxpayers.

00:17:40.000 Yeah, because, you know, I've noticed that there's not a tendency to pass on costs.

00:17:44.000 Like, for example, during this energy crisis, you'll have noticed that your energy bills stayed consistently low throughout it.

00:17:51.000 And energy companies' profits, they didn't increase either.

00:17:54.000 Oh no!

00:17:54.000 What actually happened was, is their profits radically increased and your bills went up.

00:17:59.000 So that's extraordinary.

00:18:00.000 Exactly.

00:18:01.000 Let's have a look at what happened.

00:18:02.000 This is a weird thing.

00:18:03.000 They've been printing money.

00:18:05.000 Some of this is about inflation, the recent increase in inflation.

00:18:08.000 And I'll be honest with you, I don't know much about finance and stuff.

00:18:11.000 I'm just trying to learn along with you.

00:18:12.000 And in a minute, we've got a guest on the show, Ryan Grimm, who's going to teach us a whole lot more about this subversive, sly banker bailout on the lowdown.

00:18:20.000 But have a look at this graph.

00:18:21.000 Look at this.

00:18:22.000 In 2020, look at that sharp increase of the number of US dollars in circulation.

00:18:26.000 And if you want to amuse yourself for a moment, you'll note that it's like a phallus suddenly emerging.

00:18:31.000 Like if that was in a physical landscape, that if you were like, you know, you're walking along, it's 1970, 80, 90, it's increasing a bit there, 2000, even 2010 and around the sharp increases of cash in circulation around the financial crisis.

00:18:43.000 Nothing compared to this 2020 sharp incline like that.

00:18:47.000 Don't you feel that that's going to have some fundamental economic repercussions?

00:18:52.000 I mean, I'm not an economist, but I know that when you see something like that on a graph, it's not good news, is it?

00:18:56.000 No, I also worry, you know, there was obviously a lot of talk about how in the Obama years, Wall Street really went for Obama.

00:19:05.000 You know, they put a lot of money into Obama's campaign.

00:19:08.000 The same has happened with Biden.

00:19:10.000 It was with the Republicans between those two.

00:19:13.000 Well, I just think any, you know, any government that's in power who's taking so much money from the financial industry and Wall Street, are they ultimately going to punish the banks in the way that Biden's talking about?

00:19:23.000 Let me know in the chat in the comments.

00:19:25.000 If your funding comes from the banks, how likely are you to punish the banks?

00:19:31.000 Do you think there's a relationship between the way that the Democrat Party is funded and the way that the Democrat Party governs?

00:19:36.000 Let me know in the chat.

00:19:37.000 Let me know in the comments.

00:19:38.000 We'll read those out in a minute.

00:19:39.000 If you're watching this on YouTube, Join us on Rumble as soon as you can.

00:19:43.000 We're going to give you a great conversation right now.

00:19:45.000 I hope it's great.

00:19:45.000 I mean, I'm going to do my level best with someone from The Intercept.

00:19:48.000 And remember, the back half of this show where we're talking about January the 6th and some of the peculiarities around its reporting and the way it's being utilised to introduce legislation and different types of regulation will be discussed in the back

00:19:58.000 half of this show tonight as well as us looking at Pfizer's brilliant new not all heartbreaking and

00:20:05.000 potentially evil scheme to keep those profits up now that the pandemic is it okay to

00:20:09.000 say that the pandemic's over?

00:20:11.000 Careful.

00:20:11.000 What steady baby!

00:20:13.000 Steady! 0.66

00:20:15.000 Now, an actual journalist from the reputable organisation The Intercept, writer of Bad News on Substack and host of CounterPoints.

00:20:23.000 Is that on Breaking Point?

00:20:23.000 It certainly is.

00:20:24.000 I love this guy.

00:20:25.000 This is Ryan Grimm.

00:20:26.000 Welcome to the show, Ryan.

00:20:27.000 Hello, thanks for coming, mate.

00:20:29.000 Yeah, thanks for having me here.

00:20:31.000 Why don't you get yourself some earpods, mate?

00:20:33.000 Them type of headphones, people don't wear them no more.

00:20:36.000 What are you, from the old days?

00:20:39.000 I can't lose these because they're just stuck right in here.

00:20:41.000 They're always going to be here.

00:20:43.000 Ryan, it's not my business to ensure that you keep up with the mindless consumerism that drives us through life.

00:20:49.000 Now, Ryan, can you please tell me what's going on in this banker crisis?

00:20:53.000 Was you listening to me and Gareth for just then?

00:20:54.000 Do you think we did a good job of it?

00:20:55.000 And what are you going to add to it, please?

00:20:57.000 Yeah, that sounded pretty good.

00:20:59.000 I think what I would add to it is the stick side of it.

00:21:03.000 Like what does the government need to do to these bankers in order to, because they talk about this moral hazard.

00:21:12.000 And so they say, well, if you bail people out, then they're just going to be reckless.

00:21:16.000 And, you know, they're going to keep doing this just the way, you know, they did it in 2008, they did it in the 1930s.

00:21:21.000 If there's no penalties, then what's going on?

00:21:23.000 But the question is, are we really going to make the depositors suffer the penalties?

00:21:28.000 I might be fine with that if you're depositors who have millions of dollars and you're in a risky bank like Silicon Valley Bank.

00:21:34.000 But just realistically, from a political perspective, we're always going to make depositors whole.

00:21:39.000 So if we're going to make depositors whole, then thinking through this, how do we monkey around with this moral hazard?

00:21:47.000 And to me, it would be Not only do you wipe out all the shareholders of Silicon Valley Bank, not only do all the executives get fired, you also do something like bankrupt the executives.

00:21:57.000 So if you say, look, if you run a bank into the ground to the point where it's going to cost Taxpayers, and ultimately it's going to be taxpayers.

00:22:08.000 Taxpayers, you know, millions of dollars, we're going to you first before we hit up the rest of society.

00:22:14.000 Then I think you would have executives who all of a sudden are a lot more cautious about the bets that they're making and the way that they're running the bank.

00:22:22.000 The other thing I would, and we could talk about this too, is this wild tech chain among all of these tech founders and funders.

00:22:31.000 Did you see this?

00:22:32.000 This guy talked about it.

00:22:33.000 There were 200 founders who were in this text chain who on Thursday started saying, hey, maybe we should all take our money out of Silicon Valley Bank.

00:22:43.000 And if you really were scared that the bank was going to collapse, what you would do is you would go to the bank and you would take your money out.

00:22:52.000 You wouldn't text 200 of your richest friends and suggest Hey, maybe we should all take our money all at the same time out of this bank.

00:23:02.000 That makes absolutely no sense if your goal is self-preservation of your own wealth.

00:23:06.000 If you think the bank's going to collapse, you call the bank, say, here's my wire instructions, get my money out of that bank.

00:23:13.000 What they did is they created a bank run with that text chain.

00:23:17.000 And then you have to ask, why did they do that?

00:23:21.000 Please, speculatively, and I know it's purely speculation, Ryan, why would you do that?

00:23:26.000 Is it because you know that if the bank collapses you're going to be bailed out and ultimately it's going to be more beneficial than taking the money out in the first place?

00:23:33.000 Yeah, so one of the theories that's going around is that this entire tech economy requires low interest rates and massive amounts of quantitative easing.

00:23:44.000 That chart that you showed That money flows into asset prices, houses, that's why housing prices are going crazy, rents are going crazy, but really what it funnels is into big tech.

00:23:56.000 Without the quantitative easing the last decade, you don't have this big tech explosion over the last decade.

00:24:02.000 Now that they're starting to turn that spigot down, you're seeing all of these tech companies lay everybody off, you're seeing everything collapse.

00:24:09.000 So the speculation is, what could these tech bros do That would get the Fed's attention.

00:24:15.000 That would say, look, if you keep jacking up interest rates, you're going to blow the economy up.

00:24:20.000 You're going to cause real problems here.

00:24:23.000 And what could they do?

00:24:24.000 Well, they could blow up a tiny little bank.

00:24:30.000 I love this thing.

00:24:39.000 It's my new thing.

00:24:40.000 It's so that I don't have to sort of step over, you know, it can be embarrassing on Zoom calls.

00:24:44.000 So like one of the phrases we've picked up in this space, Ryan, is it's not a bug, it's a feature.

00:24:50.000 That things that sometimes that appear like aberrations or anomalies or flaws are actually design features of the system.

00:24:56.000 If the military, and this is obviously speculative, but it appears that the military industrial complex requires ongoing military conflict in order to underwrite its model and what you've just articulately explained to us and to our community.

00:25:10.000 is that the big tech model requires quantitative easing and and in order this is like a sort of warning shot you're saying this is a sort of a dialogue being played potentially I know you know you're not Nostradamus or whatever or some sort of soothsayer but but potentially this is part of a kind of dialogue taking place between the state treasury and the banking system that's letting them know that there are ways of precipitating financial disaster unless there's compliance and favorable legislation and regulation.

00:25:40.000 Yeah, nice little economy you've got going here.

00:25:42.000 Shame if there was a bank run and a bunch of contagion that just wiped it out.

00:25:47.000 So yeah, so now the New York Times is reporting just now that the FBI, Department of Justice are going to look into the causes of this meltdown.

00:25:57.000 And the 2018 rollback, the executives who cashed out a bunch of bonuses, that's all going to get looked at.

00:26:04.000 You know, to me, they ought to actually look at that text chain.

00:26:08.000 You got 200 people, you got 200 phone numbers, call those folks in.

00:26:12.000 Maybe it was completely innocent.

00:26:14.000 Ask them, you know, why did you tell your closest 200 friends to take their money out of here?

00:26:21.000 Why didn't you just take your own money out?

00:26:24.000 At the same time, Peter Thiel's, what's it called, his founder's firm, they did a call on that day where they called money in, like on that very day.

00:26:34.000 That required then a bunch of their partners, or urged a bunch of their partners to pull money out as well.

00:26:39.000 You could say, why did you do this?

00:26:40.000 Is this a total coincidence?

00:26:42.000 Did this have anything to do with this?

00:26:43.000 I think these are reasonable questions that investigators ought to be asking because the other explanations just don't make a lot of sense.

00:26:53.000 It's extraordinary that you say that.

00:26:54.000 So it's unlikely that the investigation will look into these aspects of the case.

00:26:59.000 What about Biden's public claim, overt, obvious and plain, that the consequences of a failed capitalist venture are bankruptcy?

00:27:08.000 Like you said, the bankers involved are unlikely to face bankruptcy.

00:27:11.000 You said that should be the first step and that the consequences of those actions should be felt.

00:27:16.000 Is this something where the right people will pay the price or will this ultimately, as them experts in The Guardian said, ultimately end up being the bill being footed by taxpayers,

00:27:26.000 if not directly through taxation, but likely through bank fees and stuff, simply because

00:27:29.000 there isn't enough money in that fund that they keep banging on about to cover a loss of this

00:27:34.000 scale. If it goes the way it went in 2008, then the bankers will just be fine. And they'll, you know,

00:27:41.000 they'll move on, they'll move on to other banks. And nothing will nothing

00:27:44.000 will get clawed back.

00:27:46.000 If you remember, AIG was paying out massive bonuses just months after their collapse that precipitated a global financial crisis.

00:27:57.000 Now, the politics have changed.

00:28:00.000 You're seeing a lot more anger about this.

00:28:02.000 And you're going to see, I think because of alternative media, you'll see the mainstream media also being unable to kind of move away from it as quickly as they might otherwise want to.

00:28:11.000 So we are in a slightly different place 15 years later than we were then.

00:28:15.000 And I think no politician wants to be on the side of bailouts.

00:28:19.000 And that's why you're seeing Biden do all of these semantics and gymnastics to try to say that actually, well, of course, this isn't a bailout.

00:28:27.000 Fascinating.

00:28:28.000 If both parties are pro-deregulation, and that is ultimately the way that it went when there was the opportunity to maintain regulation or decrease it, as has happened, and you see reductive reporting from both sides, i.e.

00:28:42.000 MSNBC, this is all about Trump, without saying, but we could say that the quantity of E's in the decisions made by Obama in 2008.

00:28:49.000 When you have this kind of systemic environment, How, Ryan, will there ever be disruption of these systems?

00:28:58.000 If you have a systemic problem of this nature, how can you alter it without significantly altering the system, please?

00:29:05.000 I don't know that you can, because you also saw this with the train derailment in Ohio.

00:29:12.000 The media ignored it for a very long time until They could find something that they could pin on Trump.

00:29:18.000 They're like, oh, wait, Trump did some deregulatory stuff when he was in office around railroads.

00:29:24.000 Then we had a train disaster.

00:29:26.000 Boom.

00:29:27.000 OK, now we can cover this story.

00:29:29.000 Then you've got other reporters saying, well, wait, the Obama administration also did this stuff.

00:29:34.000 And the Biden administration is currently in office.

00:29:38.000 But it feels like without that hook, You know, that the media doesn't know how to get into it.

00:29:42.000 And so now they've discovered this 2018 deregulatory action, which Trump took, which Trump should be criticized for.

00:29:50.000 But the media should note, it takes 60 votes in the Senate to get anything done.

00:29:54.000 They could only do it because they had the willing participation of plenty of Democrats.

00:29:59.000 Now, also fair to say, 50 Republicans is a lot more than 17 Democrats.

00:30:04.000 But in the end, it doesn't matter to people that the law, because the law got passed.

00:30:10.000 That's right.

00:30:11.000 And it seems to continually lead us, Ryan, to the obvious conclusion that neither party can meaningfully intercede when it comes to improving the lives of ordinary people, introducing the type of regulation, legislation, movement, systems, ideas that would alter significantly the lives of most folk.

00:30:31.000 That there's generally a consensus and a willingness within the media to keep the conversation framed in a particular way.

00:30:37.000 I mean, I know we're sort of straying from the territory of your expertise.

00:30:47.000 I mean, I'm assuming that we are.

00:30:49.000 But it does seem now that what's required is new political alliances and significant systemic change.

00:30:56.000 And neither party is offering that, right?

00:31:00.000 Yeah, and for a long time, to me, the way that you could most effectively influence politics was by kind of playing inside the Democratic Party in primaries, like the way that, say, Bernie Sanders challenged Hillary Clinton in 2016, ran again in 2020, and by that way influenced the party.

00:31:23.000 But I now think that That opportunity exists in both parties.

00:31:28.000 And I think that, you know, regular people who consider themselves to be either independents or Republicans, but they are independents, but they vote in Republican primaries, you know, have an opportunity to influence the Republican Party too, and say, look, you voted for this Roll back in 2018.

00:31:45.000 I'm going to support a candidate that didn't do that.

00:31:48.000 None of that is going to work, though, unless you get some type of reform to the way that campaigns are financed.

00:31:53.000 To me, it's got to come from matching funds from the government, because the way the Supreme Court is now, they're not going to let you cap spending or cap the amount of giving.

00:32:04.000 And so all you can do is equalize things.

00:32:07.000 There was a bill that said that there would be a way that you would get a six to one match.

00:32:13.000 If you have 50 bucks, that actually becomes 300 bucks and that you can give it then to a couple of your

00:32:19.000 candidates of your choosing.

00:32:20.000 So unless you can like match corporations, you're never gonna match them dollar for dollar,

00:32:26.000 but if you can keep regular people in the game, then I think they're gonna win

00:32:30.000 because they have the more popular position.

00:32:32.000 Like a corporation needs 10 times the amount of money in order to get its unpopular position across the finish line.

00:32:42.000 Problem now is that they have 20 times, 30 times, 40 times more.

00:32:45.000 If you can get it down to 10 to 1, then at least it's a fair fight.

00:32:48.000 Okay, Ryan, that is somewhat promising, although I still prefer a revolution.

00:32:53.000 Ryan, thanks for joining us.

00:32:56.000 Ryan Grimm is a reporter for The Intercept, writer of Bad News on Substack, you can follow him there, and host of CounterPoints.

00:33:02.000 Ryan, thanks so much for joining us, that was a fantastic conversation.

00:33:05.000 Now, we're going to slink Offer YouTube right now for regulatory reasons.

00:33:09.000 The irony.

00:33:10.000 Some spaces need regulation.

00:33:11.000 Some people need, some places need less regulation.

00:33:14.000 Some places need trust, faith, that content creators are speaking honestly and openly.

00:33:20.000 We're not trying to lobby government to be fair though.

00:33:24.000 I am.

00:33:25.000 I'm lobbying for radical change in every conceivable area.

00:33:28.000 So if you're watching us now on YouTube, we're about to slip off exclusively onto Rumble because we're going to be talking about Pfizer's latest sly little move.

00:33:37.000 And I mean, sly, I suppose is... Allegedly.

00:33:40.000 It might not be sly.

00:33:41.000 Maybe it's just simple good business.

00:33:42.000 We've got a fantastic story.

00:33:44.000 Then we're going to be moving on to January 6th. So if you're watching us anywhere else, join

00:33:47.000 us exclusively on Rumble right now and I'll tell you how you can watch my stand-up special,

00:33:52.000 Brandemic, which is a real ball-breaker, a glorious thing. I'll tell you more about that as well. So

00:33:57.000 join us on Rumble now.

00:33:59.000 Pfizer CEO Albert Baller, heard of that guy?

00:34:01.000 He's not going to like your stand-up special.

00:34:03.000 No, he won't. He'll score.

00:34:05.000 There's a real one in the eye for Albert Baller in there.

00:34:08.000 Now, one of the things, this is some bad news, since the end of the pandemic, if indeed it's ended, things ain't been going quite as well for Pfizer because they were dead by coincidence.

00:34:18.000 By coincidence alone, they did really well.

00:34:21.000 One of the inadvertent side effects of there being that terrible pandemic that ruined your life, ruined your kids' education, locked you up in your home was, it's not all bad, Pfizer did very well.

00:34:31.000 Sadly, now people aren't gripped by continual perpetual terror locked in their homes.

00:34:36.000 It has had a negative impact on Pfizer stock prices.

00:34:40.000 But the good news is this.

00:34:41.000 Cancer.

00:34:42.000 Cancer is the good news.

00:34:46.000 People get cancer.

00:34:48.000 Perhaps because they're stressed.

00:34:49.000 Perhaps because they're eating bad food.

00:34:51.000 Perhaps because they're living spellbound in a terrible illusion.

00:34:54.000 Baller has spotted that and he's found a way.

00:34:56.000 Perhaps because they don't do any exercise.

00:34:59.000 Could that help?

00:34:59.000 What contributed to that?

00:35:02.000 Were you locked in your home lately?

00:35:04.000 Unable to do even the merest amount of exercise?

00:35:06.000 The good news is your cancer is Baller's dollar bills.

00:35:10.000 So Pfizer CEO says it will be able to deliver Segan's cancer therapy at a scale not seen before with a 43 billion dollar deal.

00:35:16.000 Of course they're gonna sell that as old whoop-dee-doo. 1.00

00:35:18.000 We're all gonna get access to this new cancer drug.

00:35:20.000 Pfizer CEO Albert Baller said that the pharmaceutical giant will be able to deliver Segan's cancer therapy to the world at a scale that's not been seen before.

00:35:27.000 Well you've had some practice delivering medicines at scale.

00:35:30.000 Also, for a price that's not been seen before, I would imagine.

00:35:32.000 It is going to be a little bit more pricey.

00:35:34.000 And you'll be taking this cancer medication, whether you want it or not!

00:35:38.000 How about that?

00:35:39.000 What about... Hey, what would be a good idea?

00:35:41.000 Why wait till people have got cancer?

00:35:43.000 Get everyone to take it!

00:35:44.000 What if they don't want to take it?

00:35:46.000 Make them take it, that's what I say.

00:35:48.000 Look at you, you've been off YouTube for about a minute.

00:35:51.000 Freedom baby, this is the sweet sounds of freedom.

00:35:55.000 Glory in here, glory in the sweet sounds of freedom.

00:35:58.000 Segan is a leading developer of a medicine called antibody drug conjugates which are designed to directly kill cancer cells and spare healthy ones.

00:36:06.000 Thanks.

00:36:06.000 Baller called ADCs one of the greatest technologies to battle cancer and likened them to mRNA for vaccines.

00:36:13.000 Okay.

00:36:13.000 Well, luckily, there's no problems there.

00:36:16.000 For example, myocarditis, pericarditis, people in their 30s dropping dead.

00:36:20.000 Don't roll your eyes at me!

00:36:22.000 You've been aired!

00:36:23.000 You've been aired by the system!

00:36:25.000 In other news, the Queen, was she a lizard? 0.84

00:36:27.000 Will we ever know for sure?

00:36:29.000 Let's have a look at Albert Baller cropping up on the mainstream media on a puff piece, presenting this financial news about how he's going to profit, trying to dress it up like we live to help people who have got cancer.

00:36:39.000 They probably really take him to task, I would imagine, though.

00:36:42.000 Right, this is the mainstream media.

00:36:44.000 I think they'll be saying, you know how with the vaccine that you profited 100 billion last year, you know how you're talking about putting it up by 10,000% of what it costs?

00:36:55.000 People aren't being forced to take it, so we've got to raise the price.

00:36:57.000 Would you do the same thing with this life-saving cancer drug?

00:37:00.000 No!

00:37:01.000 It was so unsuccessful for us, these near-mandated medicines, where like 34,000 nurses in New York lost their job.

00:37:08.000 We really learned a lesson.

00:37:10.000 So this is just voluntary.

00:37:12.000 We make drugs now for love.

00:37:13.000 Love drugs.

00:37:14.000 Let's have a look at the mainstream media coaxing Albert Baller to near-ejaculation over his profiteering from cancer.

00:37:22.000 Albert Bourla, the CEO of Pfizer, joins us now.

00:37:24.000 Albert, great to see you this morning.

00:37:26.000 40.

00:37:27.000 It's like as if she's meeting George Clooney.

00:37:29.000 Matthew Merton, like it's Albert.

00:37:32.000 Like look at him.

00:37:33.000 She's more enthusiastic than Hugh Grant at the Oscars.

00:37:36.000 Like I'd like Hugh Grant to interview.

00:37:38.000 Yeah.

00:37:38.000 Okay, Albert.

00:37:40.000 So seems I've got to ask you some questions. 1.00

00:37:42.000 Where have you got all this money from, you bastard? 1.00

00:37:45.000 Are you going to give people any of their money back, you swine? 1.00

00:37:48.000 That's what you want, Hugh Grant on the bloody news, not this darling, grinning, innocent, lovely woman who's obviously an expression of the limitless light of the Lord trying to do her best in the dog-eat-dog world of CNBC. 0.93

00:38:03.000 Uh-oh, I pressed the wrong button, guys!

00:38:04.000 Albert Bourla, the CEO of Pfizer, joins us now.

00:38:07.000 Albert, great to see you this morning.

00:38:08.000 $43 billion, a huge price tag.

00:38:11.000 Tell us why CGen is worth it for Pfizer.

00:38:13.000 It's funny, isn't it?

00:38:13.000 Because it's prioritising the money, but this is cancer.

00:38:17.000 Like, who in the world don't know someone that's got cancer or is already dead because of cancer?

00:38:22.000 It's not like a jolly subject.

00:38:24.000 This is where I think, like our chat with Ryan there, when you recognise, oh no, the system is really rigged.

00:38:30.000 In order to cause all sorts of problems, you could sort of see it, even if you don't understand it.

00:38:34.000 Same with the pharmaceutical industry.

00:38:35.000 I don't think anyone begrudges people making a profit out of entrepreneurship and ingenuity, even though there's certainly an argument that there might be a better way of organizing society in reality.

00:38:44.000 Of course there are.

00:38:45.000 But even if we just say, let's have a slightly more reasonable reform system, The idea that people are grinning from ear to ear about cancer.

00:38:54.000 This is corporatist propaganda.

00:38:56.000 This is when we talk about the mainstream media, when we get criticised for going on Fox or going on and having discussions about how both sides are as bad as each other, when the mainstream or from the left criticise about that.

00:39:09.000 And then they get on Albert Baller to basically give him some propaganda, give him a puff piece.

00:39:14.000 They've done it all the way through the pandemic.

00:39:16.000 Now they're going to do it about him making probably massive profits off people having cancer.

00:39:21.000 It's quite incredible. They do the same things with the military industrial complex.

00:39:24.000 And yet, apparently we're the conspiracy theorists.

00:39:26.000 The conspiracy theory is this. Let us plainly state it.

00:39:29.000 That the media operate in conjunction with corporate interests to present an agenda

00:39:35.000 that's favorable to their profits and dominion in a light that is appealing to ordinary people

00:39:40.000 so that we don't rise up in angry unison against their agenda of corruption and division.

00:39:46.000 That's the conspiracy theory.

00:39:47.000 Let me know in the chat, let me know in the comments if it makes sense to you.

00:39:50.000 But meanwhile, let's see the mainstream media massaging Albert Baller into a few more billions from your cancer.

00:39:59.000 Look, Meg, very nice to see you, but cancer... Don't flirt! 0.99

00:40:02.000 Don't flirt about cancer money!

00:40:05.000 ...is one of the biggest therapeutic areas and...

00:40:08.000 the pope. That's when I met the pope. Would you like another jab? How about another boost?

00:40:14.000 How about another boost? I'm okay. I've been praying. You pray for this one, baby.

00:40:18.000 Right now, one in three people in the world are going to have cancer in their lifetime.

00:40:24.000 Unfortunately, the number of people who have cancer is not going to be the same.

00:40:26.000 Which is great for us.

00:40:28.000 We're hoping to make it one in two! 0.78

00:40:30.000 Your cancer is our money! 0.97

00:40:32.000 If we keep you anxious and distressed the whole time, look at the line getting higher and higher!

00:40:37.000 Look at the numbers, they're green now!

00:40:38.000 The numbers that people are affected is even larger, because people, if not as patients, they will be affected as husband or wife, they will be See that, isn't it, Gal?

00:40:49.000 It's like Pfizer's profits.

00:40:51.000 Oh, look, they're going down almost at the exact same time that it was near mandated that you have to take their products.

00:40:57.000 And then who's this little guy, Segan?

00:40:59.000 They seem to be on the climb.

00:41:01.000 Why don't we piggyback to a new dimension on their profits?

00:41:04.000 Like with the banking crisis, we're told all of this financial industry is really complicated and we wouldn't understand it.

00:41:09.000 And that's why quantitative easing, we had to do it.

00:41:12.000 And that's why you had to foot the bill for all of it.

00:41:14.000 Actually, you look at that graph and it's pretty simple.

00:41:16.000 Pfizer's profits are going right down because people don't want to take the vaccine anymore.

00:41:20.000 So we need to get this cancer drug, which their profits are going right up.

00:41:23.000 And what about the argument that you continually made, and I know that David Sirota at The Leathermaid, that Pfizer are presented as this sort of bunch of geniuses, people getting tattoos and buying jackets with Pfizer on it, but all they'd done was bought up BioNTech, developed the vaccine, using taxpayer money in Germany, and now they're buying up this cancer drug, not with the goal of helping people with cancer get better, but with the goal of increasing profit.

00:41:47.000 Well, the point is, Hopefully it will.

00:41:49.000 Hopefully it will help people with cancer and that's a great thing if it helps people with cancer but if the byproduct of that is that they're charging exorbitant rates for this cancer treatment and people can't afford to get it or are basically for the rest of their lives tied to a drug that they can't afford.

00:42:05.000 And they're monopolizing and managing profits and prices through their practices.

00:42:10.000 I would go so far as to say, and let me know if you agree with this in the chat and the comments, particularly if you're on Locals, if you're a member of Locals, I see your comments first, that you getting better from cancer is an inadvertent side effect.

00:42:21.000 Of course.

00:42:21.000 Of their business practice.

00:42:23.000 Not the focus of their business practice.

00:42:25.000 Look at their opioid crisis.

00:42:27.000 They will make decisions that lead directly to your death if there's a profit in it.

00:42:32.000 That's just based on the opioid crisis, that comment.

00:42:34.000 And even for me on Rumble, where I'm free.

00:42:36.000 By coincidence, a couple of years ago, dear old Jill Biden cropped up on your TV set saying that cancer was, look at that, and they're even using the words there, cancer moonshot, which is a phrase they introduced during the pandemic to say, somehow, maybe, maybe if all the stars align, We'll make a hundred billion dollars from you being locked in your home with a disease with a very low fatality rate that Matt Hancock's texts reveal that even Chris Whitty, who was the scientific advisor and leader in our country, he's our version of Fauci, even that dude was saying, oh, I'm not sure you need to vaccinate a population for something with such a low mortality rate.

00:43:17.000 So the moonshot they're talking about is the moonshot of taking public money and putting it into private hands.

00:43:23.000 And if you, when you run out of pandemic, You better jump aboard that cancer train, baby, because cancer ain't going anywhere as long as you live in a culture that essentially causes you cancer. 0.99

00:43:32.000 Let's have a look at Jill Biden's new initiative to massage cancer policies into the public consciousness. 1.00

00:43:38.000 Check it.

00:43:41.000 So nice and there's someone in a white coat and there's a woman of colour and we're being all friendly and stuff and I don't know man, aren't you tired of this?

00:43:53.000 Don't you want to be told the truth?

00:43:54.000 Aren't you ready for the truth?

00:43:55.000 Aren't you ready for nuanced reporting?

00:43:57.000 Aren't you ready to participate in a truly democratic conversation?

00:44:00.000 Aren't you ready for politicians that represent your interests and stand up to corporate interests?

00:44:04.000 Are you ready?

00:44:05.000 Are you?

00:44:06.000 Because, baby, I'm ready.

00:44:07.000 If you want to be part of our growing community, join us right now on Locals.

00:44:11.000 Do not delay.

00:44:12.000 For the small annual fee, you'll get all of our content, additional ad-free content, as well as my stand-up special, Brandemic, which you will enjoy as I skewer some of these corporate interests.

00:44:21.000 Time now, though, for a little look Look at the type of alliances that we are trying to cultivate.

00:44:26.000 While we were in your country, America, we met people from, as Gareth said, apparently so-called right-wing news organisations.

00:44:33.000 Now, the idea of me going on Fox a little while ago, and I asked you guys if you thought I should go on Fox, it would have been unimaginable, inconceivable, and yet I went on Fox.

00:44:41.000 I've got to say, Greg Gutfield, bloody lovely.

00:44:44.000 Tucker Carlson, I can't see Tucker Carlson's face now without feeling my heart swell with love. 0.95

00:44:49.000 People say, oh Tucker Carlson, he's a white supremacist and obviously white supremacy is wrong.

00:44:55.000 I don't feel like Tucker Carlson is a white supremacist.

00:44:58.000 People right now are saying he's reporting on January 6th, he's irresponsible.

00:45:01.000 I feel that people should be able to deal with the facts for themselves.

00:45:04.000 It's possible to go, no, I don't agree with that.

00:45:06.000 You've edited that footage to make it look not as bad.

00:45:08.000 What about that when they're smashing up them windows?

00:45:10.000 You're an adult, right?

00:45:11.000 You can have that conversation.

00:45:12.000 You can decide for yourself whether or not January 6th is being used to amplify regulatory measures.

00:45:17.000 Can you decide that for yourself?

00:45:18.000 Or would you like some corrupt person to come on your TV set and blag you?

00:45:21.000 I don't know.

00:45:21.000 It's up to you.

00:45:21.000 Let us know in the chat.

00:45:23.000 When we went on Tucker, what I was able to do, and one of the things that I was most pleased with is like, because I chatted to my mates, Conventional Dems, you know, like Shepard Fairey and that.

00:45:33.000 Yeah.

00:45:33.000 Also, it's kind of possible, like, Tucker can have... He's allowed to have views that are different from yours as well.

00:45:38.000 I think that is the point.

00:45:39.000 It's allowed!

00:45:40.000 That's called democracy, isn't it?

00:45:41.000 I mean, one of the things that we kept pushing when we were on these conversations with, like, Ben Shapiro, who I actually think he's a good guy.

00:45:48.000 Like, he's got a different perspective than me, but I think he's acting in good faith.

00:45:51.000 And, like, if you... This is what I believe, and this is... I think this might be the secret.

00:45:55.000 This might be the main thing we can offer together.

00:45:56.000 Let me know in the chat and the comments if you agree.

00:45:59.000 I said to Ben, would you stand on a platform with people from Black Lives Matter, with trans rights activists, the people that on your show you continually are in adversity with, would you stand on a platform with them to confront centralised power?

00:46:13.000 He said, yes, of course.

00:46:14.000 I said to Tucker Carlson, I'm not at ease with some of the stuff you said about homeless people because I feel like that's condemning the most vulnerable people in society.

00:46:23.000 And Tucker Carlson's response was brilliant.

00:46:25.000 So many comments from you guys.

00:46:27.000 Thank you for contributing to the conversation.

00:46:30.000 Amy Bogovila, the lines are blurred now.

00:46:33.000 Highlander79, Russell has to go through the BBC.

00:46:36.000 They play ball different over there.

00:46:38.000 Kelly P. Russell, I'm learning so much about how to have Respectful conversations with diverse people.

00:46:42.000 Then she says a compliment that I won't read out loud, otherwise it looks like I just used the comments to... We'll discover that you actually wrote it.

00:46:51.000 Oh, Russell!

00:46:52.000 I am so... I mean, you are so great!

00:46:54.000 Oh, sorry, I don't know who wrote that.

00:46:57.000 Yeah, loads of you.

00:46:57.000 Some great stuff.

00:46:58.000 Some people saying like that Tucker was charming there, but they don't trust him.

00:47:02.000 Other people saying they love Tucker.

00:47:04.000 Me and Gareth were chatting about it and we were saying like, oh, maybe what it is is like the right or the Republicans, let me know if you agree with this, benefit from voter apathy and disinterestedness in partisan politics.

00:47:15.000 So ultimately, if everyone thinks the whole system's corrupt and stop voting, old people will still vote because they love it. 0.91

00:47:21.000 And right wing politicians will get in. 0.74

00:47:23.000 But hey, man, you know, you can't make an omelette without What? 0.99

00:47:27.000 Shitting in the woods? 0.98

00:47:28.000 I can't remember the details. 0.94

00:47:29.000 There's something that has to happen for an omelette to happen.

00:47:31.000 I can't remember.

00:47:31.000 It's complicated stuff.

00:47:33.000 Have you ever made an omelette?

00:47:34.000 It's not very nice. 0.62

00:47:35.000 It smelled disgusting!

00:47:37.000 And it had a stool in the middle of it, Gareth!

00:47:39.000 A stool, I tell thee!

00:47:42.000 Anyway, loads of lovely comments.

00:47:43.000 And if you want to get involved in these comments, join our locals community.

00:47:46.000 You can join it for free, but if you become a member, you get ad-free content.

00:47:50.000 Imagine that.

00:47:51.000 What a glorious thing that is.

00:47:52.000 Also, you get the weekly show, Stay Connected, where me and Gareth show you how we make this show and respond directly to your questions, as well as getting my new stand-up, Brandemic.

00:48:02.000 Have a look at a little clip of that.

00:48:04.000 It's only a minute long.

00:48:05.000 It's pretty funny, I think.

00:48:06.000 Yeah, I remember this bit.

00:48:07.000 You'll love this.

00:48:07.000 Have a look at a clip from my stand-up show right now.

00:48:10.000 Remember the feeling you had, because I fucking do, the first time you saw people queuing up outside the supermarket. 1.00

00:48:18.000 I see people queuing up outside the supermarket and I thought, fuck off! 0.99

00:48:24.000 There's no way that I will ever queue up outside a supermarket! 1.00

00:48:31.000 Like it's a nightclub!

00:48:32.000 It's not like Phil will be roving a geezer in a stab fest!

00:48:35.000 And I'm not joking!

00:48:37.000 The supermarket!

00:48:38.000 I won't do it. 0.99

00:48:40.000 But I fucking did. 1.00

00:48:43.000 I stood there like an obedient prisoner of the state on my little fucking sticker circle. 0.99

00:48:51.000 And waited till the person on that sticker had moved along. 0.99

00:48:57.000 Then I took my turn nicely. 0.91

00:49:00.000 Like Twister for wankers. 0.75

00:49:02.000 [laughter]

00:49:04.000 [applause]

00:49:06.000 [applause]

00:49:08.000 You can buy that for a one-off fee of $20 on Locals right now,

00:49:12.000 or for $50 you get access to everything.

00:49:15.000 Just want to reassure people who might buy it, though, there's not a countdown clock in the corner the whole way through.

00:49:20.000 Right, no, because that undermines me, that countdown.

00:49:22.000 It does a little bit, doesn't it?

00:49:23.000 Like, when's this guy going to shut up in 46 minutes and 32 seconds?

00:49:27.000 That's when he's going to shut up.

00:49:28.000 Also, if you join us on Locals, check this out.

00:49:30.000 You're going to love this.

00:49:31.000 We're having a podcast with Graham Hancock, the amateur Egyptologist and studier of arcane systems.

00:49:38.000 Right-wing conspiracy theorist.

00:49:39.000 Also that, like everyone.

00:49:41.000 I don't know how he's a right-wing conspiracy theorist. 0.94

00:49:43.000 I think his wife's a black woman. 1.00

00:49:45.000 I feel like he's a pretty cool guy, as a matter of fact.

00:49:47.000 I've never heard him do or say anything right-wing.

00:49:50.000 He's the most dangerous man on television, apparently, I think, according to The Guardian.

00:49:53.000 What's the problem?

00:49:56.000 All he's saying is there might have been earlier civilizations, he's challenging the archaeological

00:50:00.000 convention.

00:50:00.000 You are able to just go, "No, I don't agree with that."

00:50:02.000 You can just go, "No, I think the archaeological conventions are fine."

00:50:06.000 It's not like saying, "I'll kill you if you don't agree that archaeological conventions must be challenged."

00:50:11.000 Anyway, if you want to come and see me, actually in real life...

00:50:14.000 Chat to Graham Hancock.

00:50:15.000 We're going to give away a few sets of tickets, but only to people that are on local.

00:50:19.000 So join it now.

00:50:20.000 If you're already a Locals member, you'll be able to watch it stream online or win these tickets and actually come here to Stay Free HQ and join us.

00:50:29.000 Be among us.

00:50:30.000 Imagine seeing Gareth in the flesh.

00:50:32.000 Stroking him.

00:50:33.000 Some of the other people back there that are working so hard to create this content.

00:50:36.000 You can look at them, study them, prod them.

00:50:38.000 You can even use my Please Can I Talk Now stick to poke at them.

00:50:41.000 To goad them.

00:50:42.000 To goad them into violence.

00:50:44.000 See how they respond under pressure.

00:50:46.000 I try every day to give them a little bit of pressure just to see how they cope.

00:50:49.000 Join my community, sign up to Locals.

00:50:50.000 There's a red button if you're watching on a laptop.

00:50:52.000 On a phone it's a bit different, but you know, join up.

00:50:54.000 You understand tech, right?

00:50:55.000 You're watching this now.

00:50:56.000 On the show tomorrow, we've got a city trader turned inequality campaigner by the name of Gary Stevenson.

00:51:03.000 I've seen this guy on Instagram talking about how the system works.

00:51:06.000 You'll love it.

00:51:07.000 He's just talking about the corruption of it.

00:51:08.000 Sort of an extemporisation on Assange's edict that the function of government is to take public money and to put it into private hands.

00:51:14.000 He explains how it works.

00:51:15.000 Like, as Seinfeld famously says, it's like someone who's read the inside of the Monopoly lid, you know, and so knows what community chest means.

00:51:21.000 What is community chest?

00:51:23.000 Does anyone really know?

00:51:25.000 So, join us on the show tomorrow.

00:51:27.000 Well done today, Gareth.

00:51:28.000 Great show.

00:51:29.000 Thank you so much.

00:51:29.000 You did really well.

00:51:30.000 That's enough out of you, thanks.

00:51:31.000 I'm going to talk now.

00:51:32.000 Join us tomorrow, not for more of the same, but for more of the different.

00:51:36.000 Until then, stay free.

00:51:38.000 Man, he's switching.

00:51:39.000 Switching.

Stay Free - Russel Brand - March 15, 2023

Ryan Grim (Banking Meltdown - Is This 2008 Again?)

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