The Culture War - Tim Pool - UNHINGED Food Stamp Women THREATEN To Rob People Over SNAP ft. Dave Smith

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00:00:58.060 If you want to feel more connected to humanity and a little less alone, listen to Beautiful Anonymous.

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00:01:27.540 The kind of culture that we've, you know, guys like me and you, I think I've been fighting

00:01:33.720 back against for some years now, where the level of entitlement that some of these people have,

00:01:39.640 like there is just, there isn't a feeling of like the little bit of shame that we would just

00:01:45.480 appreciate if someone's living on welfare. Like just a little bit, you know, understand that like

00:01:49.700 other people are going to work and are paying for your food. You shouldn't feel great about that.

00:01:54.060 But fuming snap recipients threaten to loot. If food stamps are cut November 1st,

00:02:01.300 stay the F out of my way. Here's a video that I showed in a previous segment,

00:02:06.260 but we'll play again before we talk with Dave.

00:02:08.620 If I came in your house with all my bags, picking out all your food, deep freezer, snacks,

00:02:16.720 your grandmama's milk and everything, what you going to do? I'm curious. What you going to do?

00:02:22.240 You will be shot. Now in liberal areas, they'll probably do nothing, but I would recommend 0.94

00:02:27.220 against doing this. And then we have this video. I want to jump to the, let's just play this tape.

00:02:33.000 It's been day five and I have not received no food stamps. My disability checks is on hold.

00:02:40.340 My cash benefits is not coming no more. They're still pending. I, it is the taxpayer's job

00:02:46.820 to pay for my kids to eat and for my kids to be taken care of. I have over 2000 followers on TikTok

00:02:54.420 and I can't get not one person to send me 50 cents. If you watch video and you can't send me

00:03:00.840 nothing, I'm blocking you. You know, part of me just says that's got to be a fake video.

00:03:06.920 There's no way that lady is real. You follow me, send me money or you're being blocked. 0.96

00:03:12.560 Maybe no one sent to the memo that her followers are fake, but this is an interesting conversation.

00:03:17.300 The snap apocalypse, it's been going on for some time and I've heard from conservatives.

00:03:20.940 I've seen the liberal liberals. I'm curious what the libertarians are going to think because,

00:03:25.880 well, you know, libertarians fall somewhere in between on a lot of these issues.

00:03:30.140 So I'll be pulling in. Let's, let's grab this, see if we can get it going. Dave Smith, what is up?

00:03:37.240 What's up, brother? How are you, man? I'm good. My friend, it's the snapocalypse. 0.99

00:03:41.620 They're calling it. Welfare benefits are set to expire November 1st. Trump says he's going to get it

00:03:47.860 done, but I don't know if he means it. And there's, there's, there's, this is a big story in that

00:03:53.220 42 million people will be cut off from their welfare benefits. It's going to have a ripple effect

00:03:58.720 in, in a bro. It just gets crazy, right? So you've got pockets in cities where the stores rely on EBT

00:04:06.740 or snap for a large percent of their margins. It may be five, it may be 10% or more.

00:04:11.700 They can't survive without this. It's going to impact producers. But the big thing we're seeing

00:04:16.960 is the threat of violence and looting unless people get our tax dollars to pay for their,

00:04:22.560 for their, for their livelihoods. Now I'm curious, you know, you're, you're, you're, you're a libertarian.

00:04:27.220 Do you want to see snap just gone overnight? What do you think? Well, I mean, I think it being gone

00:04:34.920 overnight would probably be the most reckless way to, to do it, you know? And I think I look,

00:04:40.120 obviously like from my perspective, I think from most sane people's perspectives, none of these

00:04:44.040 programs should exist to begin with. But you know, I always, as is always my North star was when Ron

00:04:50.560 Paul ran for president, what he would always say is what you have to do if you want to have drastic

00:04:55.900 cuts in the government is you have to stop funding the worst things first. You know, you have to stop

00:05:01.200 funding the unnecessary wars. You have to stop funding the unnecessary militarization of,

00:05:05.880 of local police departments and the huge black budgets for the intelligence agencies. And then

00:05:12.180 you have to, with some notice, let people know that in X amount of time, we are going to be cutting

00:05:18.580 these programs as well. And of course the government shut down politics, which has been politics now for

00:05:25.300 over a decade in this country is always the worst way to do everything. But I guess maybe zooming out

00:05:31.760 more, the thing that is amazing to me that more people aren't talking about, it's like, it reminds

00:05:36.180 me almost with the, um, with the conversation when Biden was president over student loan debt

00:05:40.160 forgiveness. And you're like, okay, even if we're having that conversation, at what point are we going

00:05:44.280 to discuss the elephant in the room? You know, like at what point are we going to go like, okay, but wait a

00:05:48.520 minute, you got to go a couple hundred grand into debt for college. And then you're working at

00:05:51.640 DoorDash after that. That's a pretty big issue. And the fact that 40 million people in this country

00:05:58.780 are dependent on the government for food in, in a first world prosperous country in 2025 with all

00:06:06.200 of the wealth that we have. I mean, that is something that that's a sign of a very sickening

00:06:10.940 dysfunctional society. We created that system with welfare. We made it possible for large swaths of our

00:06:17.660 population to not have to work to eat. I got a number you probably know, but I talked, we talked

00:06:23.200 about this the other day. Did you know that third, about 37% of our economy is the government?

00:06:30.920 Yeah. Now that is a problem. I can't remember. Uh, yeah, go ahead.

00:06:36.280 Well, no, I mean, if you look, if you look through the, uh, the 10 planks in the communist manifesto,

00:06:41.100 we got just about all of them. I mean, or some version of all of them, you know, like when you

00:06:47.200 look through it, it's like, it's, you know, like, okay, like, okay, we didn't abolish all private

00:06:51.160 property, but like, what is property tax really? I mean, that kind of, in a way is like the

00:06:56.200 government owns it and you're really just renting it and you never really own. And if you're ever

00:07:00.700 delinquent on those payments, they take it away from you. In other words, the government's kind

00:07:04.480 of the landlord of all of our property. And yeah, as you said, you know, I remember watching this

00:07:08.980 with EBT, like on the ground, like I was living, um, in prospect Heights, Brooklyn. Um, it's like,

00:07:16.520 I'd say there's like around like 2007, 2008. And there's, I remember just like at the local store

00:07:22.160 and it wasn't like the hood, but it was like next to the hood where I lived, but like at the local

00:07:26.460 convenience store, I remember all of a sudden everyone's using EBT cards. Like all this is

00:07:30.960 just always like, that's what people are just putting snacks on. And yeah, we've, we've created

00:07:36.160 a whole system now of a whole class of people completely dependent on the government. And that

00:07:40.380 is not good. Well, I think the communists want it. They want to expand it. They want to,

00:07:45.000 they want the economy to get worse in the private sector. So it forces people into the control of

00:07:50.560 the government and their party and their ideology. But you know, we had this debate on, on IRL a couple

00:07:56.620 nights ago, everybody in the room, I asked, should November 1st, we just let it go dry. And everyone

00:08:05.200 said no, because it's, it's too reckless. It's going to have a ripple effect. I was the only one who said

00:08:10.600 it should. And my reasoning is there is no political reality where Congress will wind this program down

00:08:19.580 in any meaningful way. Not a single Republican, I believe, okay, maybe Thomas Massey, but I believe

00:08:26.900 that the only Republicans, uh, it's going to be Massey and Rand Paul, probably who are willing to

00:08:32.720 stand up on stage and say, I will cut your benefits. So what happens is Donald Trump comes out and says,

00:08:40.020 no one will touch your Medicare or Medicaid or your social security. He has to tell people,

00:08:45.100 we won't take away your free stuff. What does that mean? The only direction government can move

00:08:50.220 is towards the expansion of government in people's lives and in the economy. If the only way this stops

00:08:57.440 is a cold Turkey accident, then I don't know what else to do. I think it's the only way to do it. 1.00

00:09:02.600 Well, I certainly, I certainly get your point there. And I think, you know, there's the fact

00:09:08.360 that right now, um, the country is, you know, we're, we're really spiraling into a debt crisis.

00:09:15.220 I mean, this is a really big deal and it's something that a lot of people have myself

00:09:18.900 included, I've been warning about for quite a while at this point, but we're at a point where

00:09:22.960 interest on the debt is overtaking the budget and it's not going down. It's not going down.

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00:10:27.780 And this is now, we are now spending, like we, if we balanced the budget, Tim, we still run

00:10:35.200 trillion dollar deficits just because of the interest on the debt. And how far are we from

00:10:40.540 balancing the budget? You know what I mean? It's impossible. And, and, and yet we have a Republican

00:10:44.900 president, a Republican Congress and Republican Supreme court. And even they are not moving towards

00:10:51.360 spending cuts. They're doing this. I was arguing with Steven Crowder about this yesterday because

00:10:56.260 now all of a sudden he has become a Democrat mathematician where he goes, Oh, we're cutting

00:11:01.400 $1.5 trillion. And you're like, no, dude, come on. You're doing what the Democrats do now where you

00:11:06.300 call that a cut. This is literally, I, we've joked about this before with inflation. It's like,

00:11:10.200 if you gain 50 pounds one year and then the next year you gain 30 pounds, an economist in Washington,

00:11:15.940 DC says you just lost 20 pounds. No, you're getting fatter. It's a real problem. And so I guess

00:11:25.440 just like the fact that I get your point, like, this is what, maybe this is what it takes. Um,

00:11:30.980 but it is, you know, one way or the other, we're kind of going off this cliff and the fact that the

00:11:36.180 Republicans got in power and don't even seem to have any interest in, in any cuts is a real problem.

00:11:41.100 Well, maybe they do. Uh, so, so I can only, I can only speculate. Uh, Trump said on, on Air Force

00:11:46.660 One, we're going to figure this out for November, but part of me thinks the Republicans are intentionally

00:11:51.320 doing this because they want SNAP to implode because I, so I'll, I'm not an economist, but I

00:11:58.640 can try and simplify the issue of debt and interest on the debt. To put it simply, we have, we have,

00:12:03.340 we have taken on so much debt and this literally just means, I love how this works. The U S

00:12:10.660 government doesn't need a credit card. It literally just asserts it can pay you back later.

00:12:16.340 So we raised the debt ceiling. Uh, the example would be like the government says, we need someone

00:12:20.460 to build the street for us outside of Congress or whatever. So they go to a contractor and say,

00:12:24.740 Hey, we're the U S government. We're good for it. You know it. And they tack on that debt from that

00:12:29.180 company onto their debt. The debt is largely owed to the American people. So the interest on the debt

00:12:34.720 is when we take on debt, we got to pay it back. So now, even if we taxed everybody, the biggest line

00:12:42.540 item in the budget every year is we're paying interest on debt. We basically have this massive

00:12:48.200 credit card we've been paying the minimum on and it's getting worse and worse and worse. So one of

00:12:53.300 the things I've been thinking is maybe Trump and the Republicans know this. If the system, if we reach

00:12:59.080 default, the global economy, just, it's a ripple effect through the whole thing. And it's extremely

00:13:04.840 disruptive. So what do you do? Well, maybe one way to shock the system and start retracting money

00:13:11.300 is this protracted shutdown. And then, uh, well, it's no, it's no individual's fault.

00:13:19.280 Snap is gone. And it's not just snap. It's a bunch of other programs, but imagine what would happen

00:13:23.640 if any run of the mill Democrat or Republican came out and said to their constituents, guys

00:13:29.880 vote for me and I will take away snap. They lose. Well, it's a major, that isn't that like really one

00:13:37.540 of the fundamental flaws with democracy or particularly with democracy mixed with big

00:13:42.440 government. And, you know, I remember Mitt Romney gotten a lot of trouble in 2012 and God, I hate to

00:13:47.420 ever give credit to Mitt Romney. Um, but he was, you remember he got in trouble for that thing where he

00:13:52.540 was saying 40, 47% of people don't pay income tax at four. But the thing is right, Tim, like all of us

00:13:59.040 taxpayers do know this on some level. This is a real problem. It's a real problem when you have

00:14:04.700 basically the way our system kind of works is that the entire economy is rigged on behalf of the

00:14:11.400 uber powerful, the super rich. Okay. And then the entire like lower rung of the economy is on welfare.

00:14:18.080 And then there are the people in the middle who are like the productive people who just get caught

00:14:23.820 carrying the burden for all of it. You know, like you, you gotta every year when you're paying your

00:14:28.840 taxes, you got to pay for the wall street bailout and the wars and the welfare that, you know, like all

00:14:33.680 of it falls to the guy who's making four or 500 K a year, which might sound like a crazy lot of money to

00:14:40.100 people who don't have any, but like, you know, you're living in a big city. It's actually not like that

00:14:43.680 wealthy. And, but again, it's like, so now to this entire, to the entire democratic,

00:14:50.160 to the entire portion of the base of voters who don't pay in, who are welfare recipients,

00:14:55.340 what are they moved by? Oh, I'll cut your taxes. That doesn't help them any. They're not paying

00:15:00.660 taxes. And so, yeah, it's, it's a real problem that promising free stuff wins votes. How do you

00:15:08.100 compete with that? It's true. Uh, and that's why even Republicans do it. They'll, they'll say these

00:15:13.700 entitlements are bad, but don't worry. Yours are justified. Democrats just say free for, you know,

00:15:18.520 I actually, I love Zoran Mamdani so much and it's, and it's kind of in a comedic kind of way.

00:15:26.320 If he was a comedian mocking socialists, he'd be too over the top. I love the, we're going to make

00:15:32.380 buses free and faster. How are you going to do that? Make them go faster. You get like what's

00:15:39.100 slowing the buses down is the science of the combustion engine and the speed limits in the

00:15:44.860 city or, or maybe you could argue traffic. Yeah. Yeah. You promise random nothing to people just

00:15:51.040 sounds good. And people vote, they vote for the communists. But I suppose, uh, with all being,

00:15:55.820 with all that being said, do you think the Republicans will actually let the snapocalypse happen?

00:16:00.240 My guess is no, you know, like I've just, I've watched this movie, you know, as you have too

00:16:06.860 many times, it always seems to end with like this game of chicken and then they compromise and raise

00:16:13.660 the debt limit and keep spending us further into debt. That's my guess. Um, you know, I, that would

00:16:19.520 be, you know, what I would think. But again, I do think, look, even if this is the master plan and like,

00:16:24.880 this is the way to cut the snap program, it does just seem like, yeah, so here, okay. So you have

00:16:29.740 Donald Trump were $38 trillion in debt. He is, has requested a trillion dollar Pentagon budget

00:16:37.920 and has promised to not touch entitlements, but we are going to cut snap. I mean, that doesn't even

00:16:43.280 solve the problem. It's just like, why, why would you choose to start with, you know, like cutting

00:16:48.500 from the most vulnerable people when, as you know, Tim, look, the real issue here is that this is like

00:16:54.580 you were explaining what the credit card says. We can't afford any of this. We sit here, we give

00:16:59.060 foreign aid. We act like we're the rich, you know, father who can support all of his kids. Meanwhile,

00:17:05.000 we're broker than anyone else. It's, and no, it's, it's, it sounds to me like such a perfect example

00:17:11.220 of this like liberal virtue signal signaling household where it's like the mom brags about 1.00

00:17:17.600 how she donates to all these charities, despite the fact that if massive credit card debt can't afford 0.92

00:17:22.020 new clothes and then just keep taking on new credit cards, but everybody gets to pretend like,

00:17:27.280 oh, they do so well. Now it's all on credit cards. The funny thing is, I think the debt person is in

00:17:33.240 right now, it's like, what, a hundred thousand dollars. So something like that. You have to pay

00:17:38.640 a hundred grand in taxes. Every American, including 16 year olds who are just under the workforce,

00:17:44.500 if we are going to pay off this debt, I think the reality is we are going to crash. The economy

00:17:51.860 is very bad. Um, I don't think it's the worst economy we've ever seen, but it is not a good

00:17:56.120 economy. Property values are skyrocketing. Trump wants them to continue because it inflates,

00:18:01.060 you know, it makes people feel like things are improving stock market going up, even when spending

00:18:05.780 is going down because they just want all the metrics to look healthy. But the reality is people

00:18:11.760 are struggling to afford groceries. They're struggling to buy homes. And now we see this one

00:18:17.280 metric. It's, that's hilarious. The LSATs. Did you see this one? The LSAT entry?

00:18:22.080 I don't think so.

00:18:22.940 So like last year, uh, LSATs, uh, entry.

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00:19:25.860 Applications was like 18,000. Now it's 32. And this has always been, and I'm not, I'm not the

00:19:31.160 economist, but this is what the analyses have been saying. When people apply to law school

00:19:36.080 in huge numbers, they're basically saying there is no function of the market that can sustain my life.

00:19:42.400 So I'm going, I'm going into government arguments for money. Basically there's no trades, there's no

00:19:49.280 jobs, there's no products being made, there's no culture. So law is the best example of we created

00:19:57.140 a problem that only we can fix and we're going to take money from productive people to pay you to do

00:20:01.400 it. People are literally saying the opportunity to make money right now is to argue with each other

00:20:07.420 about the way the system is working. And that's usually, that usually happens right before the

00:20:12.280 economy implodes. I don't see, I don't see our, our government. I don't see Trump or anybody doing

00:20:18.740 anything meaningful to cut the budget. So the only thing that makes sense to me is they're going to

00:20:23.820 let the government shutdown keep going. It's almost like, um, you remember when COVID lockdowns

00:20:29.700 happened, the New York times wrote that the planet was healing. Cause they, yeah, the carbon

00:20:34.500 emissions. It's like the government, the extended government shutdown is Democrats and Republicans,

00:20:38.380 both looking at the debt clock, slowing down and being like, this is going to buy us some time.

00:20:43.040 But, um, okay. So, so rant over, but my question then is potential violence. Do you think if, if I,

00:20:49.600 I agree with you, my prediction is it's not going to happen. They're going to intervene. But do you

00:20:54.540 think with 42 million people cut off from SNAP, you actually see these mass looting, this mass rioting?

00:20:59.100 Uh, I think there's a real concern about that, you know, and, and I've seen some of those videos

00:21:04.760 that, that you were talking about too, of people threatening that there will be violence. And

00:21:08.740 there is, you know, there's a, there's a mix of it's the, the economic, uh, dynamics and economic

00:21:16.240 incentives. But then there's also like the kind of culture, um, that we've, you know, guys like me and

00:21:22.400 you, I think I've been fighting back against for, for some years now where the level of entitlement

00:21:27.300 that some of these people have, like, there is just, there isn't a feeling of like the little

00:21:33.380 bit of shame that we would just appreciate if someone's living on welfare, like just a little

00:21:37.700 bit, you know, understand that like other people are going to work and are paying for your food.

00:21:42.100 You shouldn't feel great about that. Um, but no, they're like, how dare you, how dare you this

00:21:47.480 racist system, which owes us this food. And I'm not making it out. Like it's all black people on 1.00

00:21:52.840 there. There's white people with that same attitude, but it really is. It's a real problem 0.76

00:21:56.960 that people have this, um, which has been of course, obviously fostered by progressives

00:22:02.360 for many years that there should be almost like in a sense that maybe they won't exactly

00:22:06.560 say it, but you're kind of within your rights to commit an act of violence. If your food

00:22:10.900 stamps get, uh, that's an issue we got to be focused on. Um, but again, to your, the larger

00:22:16.380 point there, right. Is like the only way out of it. The only thing the politicians are ever

00:22:19.900 going to do is just print more money, print more money. And like you said, they want the,

00:22:23.500 they want the stock market to go up. They want real, uh, the real estate to go up and

00:22:27.440 that's okay. If you're in the ownership class, you know, which me and you are. And so we get

00:22:33.360 beat up by inflation too, but the value of our assets goes up, but it just totally screws

00:22:38.200 over anybody who's not in the ownership class, particularly young people, bro. It's crazier

00:22:42.960 than that. The ownership class. It's crazy that we're at this point when you buy a house

00:22:48.100 on, uh, when, when, when you get a mortgage that you don't think twice about. So let's

00:22:53.940 say someone like me, I make a lot of money. If I bought a house for 300 grand, I am not

00:22:58.120 paying cash for it. I'm going to go to the bank and say, I want a low interest, uh, mortgage,

00:23:03.960 cut me the best deal that gets me the lowest interest rate and I'll pay it. So usually it

00:23:07.780 means my, my, uh, you know, per month, they're going to be paying more, but then all you got

00:23:13.560 to do is beat inflation. So one of the techniques used by the ownership classes, if I take out

00:23:18.160 a loan for $300,000 to buy a house within five years, the house is now worth 450,000. I could

00:23:24.420 sell it and pay off that debt and take cash out. And now I've made money better yet though

00:23:29.200 with inflation, the value of the house goes up and the value of the debt goes down. So

00:23:35.480 this is a tactic used by the United States with quantitative easing so that when we give,

00:23:40.180 when we borrow money from foreign countries, we intentionally devalue our currency. So the amount

00:23:46.080 of labor to be paid back is substantially less. So for poor people who don't get raises or who have

00:23:52.160 variable interest rates and are struggling to pay off their mortgage, there's a minimal benefit

00:23:56.280 when inflation devalues the total note you have on your property. But for the ultra wealthy,

00:24:01.560 they're intentionally taking out loans and hoping for inflation, which screws over the working class

00:24:08.060 have to buy groceries, but benefits them because it devalues the debt they have. So rant over,

00:24:13.740 but I wanted to point out, there's this video I played just before you came in of this black woman 1.00

00:24:18.900 saying, it is the responsibility of the taxpayers to take care of my kids. How do you function as a

00:24:27.200 country with millions of people who genuinely believe that? That's the point you were just making

00:24:31.900 before. As sooner or later, if we keep voting in this direction, the system implodes. So what do we

00:24:38.060 do? Do we just stock up on emergency food, go move to the, to the wilderness and prepare for the long

00:24:43.760 fall? Or do we push back and say, we've got to cut these people off? Yeah. I mean, I think there's,

00:24:49.680 look, that culture of righteous dependence was created. And so a culture that rejects that can

00:24:57.700 also be created. And I think, I, you know, I think that's like what we all work toward doing.

00:25:02.000 Yeah. And so there's that aspect to it. And then look, I would ideally, if I was in control of the

00:25:07.720 government, it would be a timed phase out type thing. But to your point, I think, which is a very

00:25:12.480 good one. It's like, yeah, but that ain't happening. But, and then to the larger thing, you know,

00:25:16.840 like, I just, um, I just recently got a, um, like a letter from my, like, I bought a house like three

00:25:22.980 years ago. I got a letter from my real estate agent. This isn't like a, an official appraisal

00:25:27.040 or nothing, but they estimated that like the house has gone up by, you know, a few hundred thousand

00:25:31.420 dollars. And you know, it's this area where I live. I mean, the prices have just shot up and you,

00:25:37.680 you look at that. And I remember I was thinking, I was like, you know, I struggled for a lot of years.

00:25:41.540 I was really broke for many years. I'm making really good money now, but I just got handed this

00:25:46.680 gift that I didn't earn. Like that's basically welfare. It's essentially welfare of the way the

00:25:52.320 system works. This wasn't a market function. This is obviously a government function that the price

00:25:57.760 of real estate is being driven up. And so just, if you think about it, it's like, so they're in a

00:26:02.260 sense, it's like, they're handing me a welfare check and taking it out of the pockets of young

00:26:06.340 people. That same house is now that much further out of their reach. And then we look around and we

00:26:11.120 wonder why all these young people are demanding socialism. And I think the difficulty for people like us

00:26:16.160 is to point out that it's like, look, it's not true when you guys say profit is theft. That's not

00:26:22.160 true. But under the current system that we live, there is a tinge of truth to the fact that a lot

00:26:28.340 of people are making money in completely unfair ways, but that's because of government intervention.

00:26:34.480 You know, even Jon Stewart, and I don't know if you saw Jon Stewart and Bernie Sanders were talking

00:26:38.560 about this. And it's like, it occurred to Jon Stewart for the first time in his life in his sixties

00:26:42.440 that he goes, you know, these government interventions do seem to drive up the prices of

00:26:46.220 things. You know, yeah, that's kind of true. Well, geez. Trump wants it. Trump doesn't want

00:26:53.000 property values to go down because I think in his view and the Republicans view, there's a lot of

00:27:00.180 Gen Xers, lesser older millennials, but a lot of Gen X and boomers that have stored their wealth in

00:27:05.440 their property. And these people don't want to see their assets decline. So Trump's attitude is

00:27:10.860 houses should just go up, but that means Gen Z and millennials are struggling to buy homes 0.92

00:27:16.400 because the prices are going up more than wages and salaries are going up. Now you add this,

00:27:21.600 there's two things I'll add to this. When you, government interventions, I could be wrong,

00:27:26.060 but my general understanding is that. Grab a coffee and discover Vegas level excitement with

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00:28:25.540 You've got organizations like BlackRock or whatever. They get effectively infinite money

00:28:31.240 from the Federal Reserve to buy houses propping up these prices and driving people out of the

00:28:35.960 market. That was the big controversy a couple of years ago. But the big thing that is disconcerting

00:28:40.800 to me is when the boomers die and we are at the mortality cliff for the boomer generation, 0.65

00:28:47.020 they're now hitting 79, 80 years old, which is life expectancy. The estimates are within the next

00:28:52.460 five to 10 years, we're going to lose more than half, maybe two thirds of the boomer generation

00:28:56.180 because, well, they're old. Who's going to inherit these properties? Well, it's going to go to a lot

00:29:02.160 of their kids. These are going to be middle-aged millennials who aren't going to want to move back

00:29:07.320 to St. Louis or Nebraska or whatever it is their boomer parents live. So they're going to try and 0.82

00:29:11.680 sell the house. That's usually what happens when someone inherits a house. They're going to put it on

00:29:15.500 the market. Oh, you know what? It's a bungalow. But in 10 years, it's a $750,000 bungalow because the

00:29:21.960 prices go up. Well, guess what? Nobody can buy it. No Gen Z, who's in their late 30s, can afford 0.60

00:29:28.640 a million-dollar bungalow, nor do they want to live in these areas. So what does the millennial do?

00:29:33.660 They tell their agent, look, just drop the price. Now it's $700,000. Nobody buys it. Now it's $600,000.

00:29:38.700 Nobody buys it. Now it's $500,000. Nobody buys it. Because millennials aren't buying. Gen Z ain't buying. 0.87

00:29:44.140 There is going to be a massive deflationary reaction in the system that's going to put people

00:29:50.020 underwater on mortgages. Some of the people—so that's what's going to happen when they inherit

00:29:54.320 the houses. But for all the millennials and Gen Z who buy on mortgage a million-dollar bungalow,

00:30:00.740 and then after this crash now have a million-dollar debt note on a $500,000 house underwater,

00:30:06.400 it's going to be economic crisis. And the Republicans and Trump, they're not doing anything

00:30:11.660 to prepare for this, at least it seems. Yeah. I mean, I think that's essentially right.

00:30:17.240 You know, there's a—and how exactly it plays out will be interesting to see. But that's right.

00:30:22.500 I mean, it's an artificially bid-up price that is unsustainable, that you're not going to be able

00:30:27.660 at a certain point. There's just not going to be buyers that are left for this stuff. And I will say

00:30:32.060 that, you know, this is really why I have so much contempt for the boomers as a generation. 0.93

00:30:38.340 And I like some of them. My mom's cool. But I really—you know, it's like, did you—it just seems like

00:30:44.740 as a generation, the fact that they didn't all stop and go, whoa, whoa, what are we doing?

00:30:50.960 We are totally screwing over the next generation. Like, we can't be for this. It just seems like

00:30:55.160 as a generation, they went, hey, I bought this house five years ago for $300,000, and now it's

00:31:00.320 $1.2 million. Isn't that neat? Well, look at such a—oh, go ahead.

00:31:05.280 No, no, but you didn't think like, oh, but this makes it impossible for my kids to ever buy a house.

00:31:09.420 Like, what we need in this country is deflation. And ever since the Great Depression, that has been

00:31:14.980 the great enemy of the central bank. But deflation is actually a healthy sign. Deflation is what a

00:31:19.760 healthy economy ought to produce. All deflation means is that—well, and I mean price deflation

00:31:25.480 when I say this—all that means is that we're being more productive, and so things are becoming

00:31:30.300 more affordable. That's what a healthy economy looks like.

00:31:33.040 Look at Social Security as the best example. Because with all due respect to boomers, there are a lot of 1.00

00:31:37.580 great boomers. They made Star Trek The Next Generation. I love it. But as a generation,

00:31:42.520 Social Security is the best example. Because I talked to boomers, and I'm sure you've heard the 1.00

00:31:45.820 same thing. I will mention it's going to become insolvent. You need—right now, I think the number

00:31:51.840 is 4.3 taxpayers to support one Social Security recipient. The system can't sustain itself, and Gen Z 1.00

00:32:00.460 is struggling to afford things as it is. If Gen Z can't buy homes and have families, our country is 1.00

00:32:06.320 cooked. And then what am I told? Buy 100% of boomers? I paid into it. It's my money. 0.91

00:32:13.720 Well, you know what? I got to be honest. I hear you. But the problem is, this generation, 1.00

00:32:21.580 largely, it's where we begin to see the, I understand the system is broken, so I better get mine.

00:32:28.300 It is the departure from the, ask not what you can do—ask not what your country can do for you,

00:32:33.820 but what you can do for your country. It radically transformed into the, everyone else is out for

00:32:39.140 themselves, so I better be too. And that has pushed us into this period now where Gen Alpha is 40 million.

00:32:46.880 Millennials didn't have kids. Gen Alpha is half the size of Gen Z, which means Gen Alpha,

00:32:53.780 now entering the workforce. They're 15 years old, about turned 16, is when they should be entering

00:32:58.820 the low-skill portion of the workforce. Don't exist. So what are Democrats doing? Import as many

00:33:05.160 people as possible to offset this. That will only make it worse. Ten years from now, it is going to

00:33:11.560 be wild. And I hear from people that say, don't worry, Tim. Robots will replace the workers. But you

00:33:17.260 know what? It won't replace the customers. That's, it's an absurd notion. So I, unfortunately, I'm a bit

00:33:24.520 pessimistic on what the future's going to look like. I don't know how you feel, though. Are you happy?

00:33:28.280 Well, you know, I try, I try to stay optimistic about the, uh, the long run, but I will just say

00:33:33.420 that, look, this is just, on the bottom line of it is, is just that Medicare and Social Security are

00:33:39.100 completely indefensible. They're just completely indefensible. And this, this nonsense that you paid

00:33:44.100 into it. No, you paid into your government and they blew that money. They not only blew that money,

00:33:50.680 they blew that money, then borrowed some more money and that wasn't enough. So then they printed a whole

00:33:54.620 bunch more money after that. That money doesn't exist. It would be a different statement if we

00:33:58.940 had ever put it in a lockbox and you were talking about your money that you were putting in. The fact

00:34:03.180 is that Social Security and Medicare are giant wealth redistribute, uh, wealth redistributive

00:34:08.960 policies that redistribute from the poorer to the wealthier. It is indefensible. There is no

00:34:14.600 capitalist or no socialist who can defend a redistribution from a poorer group to a richer

00:34:19.480 group. And we should abolish all of it. And Trump is very bad on that. Yeah. I don't think you'll ever

00:34:24.860 get it. It goes back to the same argument. Give me one politician and it's maybe Massey and Rand Paul

00:34:31.700 who's going to campaign and saying, vote for me and I'll cut your benefits because the attitude of the

00:34:37.940 individual is going to be, I know the system may be bad, but it's sinking. So I better take mine.

00:34:43.060 And that's where we're, we're going to keep going. Maybe this is the fourth turning. The system's

00:34:47.960 going to buckle some kind of conflict or controversy or depression and the strong will survive. And from

00:34:54.120 this, it will restart. I don't know, but Dave, it's been great. You have any, you want any final

00:34:58.600 thoughts and where, where can people find you? Yeah. Thomas Massey and Rand Paul are right. The

00:35:03.260 libertarians are right about all this stuff again. Comicdavesmith.com. And part of the

00:35:08.100 problem is my show. Always great talking with you, Tim. Thanks for coming, man. I really do

00:35:10.880 appreciate it. We'll, we'll see you again soon. Absolutely. Take care. That is of course Dave

00:35:17.480 Smith. And I love the controversy around all of these personalities. It's like Dave's got opinions

00:35:23.740 on war or Israel, whatever. And then everyone gets mad. Look, man, everybody's got opinions on

00:35:30.060 different things. I'm willing to be friends with even leftists and argue with them on the bad

00:35:33.300 things. If we can focus on the good things we can get done. And that's why I'll give a shout out to

00:35:36.880 Cenk Uygur of all people, despite the bad views he's got. Cenk has long said, okay, fine. Can we,

00:35:43.020 can we map out where we actually agree and just do it because we want that to happen? So for a lot of

00:35:48.080 us, it's ending the war machine or spending more money in America. And if we can get done what we

00:35:54.640 agree on, we agree on that. But I got to say, I think the libertarians are right on most of this

00:35:59.040 government spending. You cannot create a culture that says we will fund your life even if you don't

00:36:05.780 work because 10, 20 years later, this is what you end up with. Now I'm actually in favor of EBT

00:36:13.920 and snap and all that stuff, but it's got to be strict and rigid. Dave mentions the shame. Yeah,

00:36:20.860 I said this before, I got food benefits when I live. Grab a coffee and discover Vegas level

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00:37:20.020 iGaming Ontario.

00:37:20.980 I've been in Seattle for two, it might have been three months. Because I think they give you three

00:37:26.060 months and then it stops and you have to re-up. And I didn't. I had it for probably three months.

00:37:30.300 It was 140 bucks a month or something. And I felt embarrassed. But it was, you know, the reality was

00:37:36.240 I thought I'd find a job and I struggled. And then I had people say, hey, look, man, you pay taxes,

00:37:40.560 right? You work, you pay taxes. It's here for you when you need it. And I said, okay, look,

00:37:45.440 I'll only use what I need. And what I bought groceries, cold foods. I didn't abuse it. And

00:37:50.400 when I found a job, I said, I don't need it anymore. That's the way it should be. And it should

00:37:54.940 be embarrassing. I don't think you need to be overly embarrassed or ashamed that sometimes you

00:37:58.980 need help because I'm for that system. I am not for people screaming, it's your responsibility to feed

00:38:04.160 my kids. I'm not for a system where people intentionally don't work and game the system.

00:38:08.600 That needs to be purged, that system, and cleaned up. So I'm with the Libertarians on this one.

00:38:14.760 My friends, DeVore Darkins is going live. He is live now. We're going to send you on your way to

00:38:21.320 join his show. And man, this guy, he's rising the ranks. He's got a fantastic show. I'm a huge fan.

00:38:26.580 It was awesome to hang out with him when we went to his studio. Check out his show. You can follow me

00:38:31.940 on X and Instagram at TimCast. Share the show with everyone you know. We're back at 8 p.m. for TimCast IRL.

00:38:37.920 We will see you at the DC Comedy Loft November 8th. Get your tickets while you can.

00:38:42.840 Thanks for hanging out and we'll see you all next time.

The Culture War - Tim Pool - October 29, 2025

UNHINGED Food Stamp Women THREATEN To Rob People Over SNAP ft. Dave Smith

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