Best of the Program ｜ Guest： Carol Roth ｜ 8⧸3⧸22
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Summary
The tide is turning on the science, the world is getting off the bandwagon of the gender dysphoria bandwagon in a big way, and as we double down on the rest of the world, we are becoming a laughing stock in the medical field.
Transcript
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hey we have some really amazing news the tide is turning on believe the science especially with
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gender dysphoria we're way behind other countries way behind they are getting off this bandwagon
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in a big way and as we double down the rest of the world is saying don't do what america is doing
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because it's really dangerous you have to hear this article it is it's fascinating how far we
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have fallen in our medical fields we're looked at as witchcraft almost or worse believe it or not
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also carol roth joins us to talk all about uh the economy and what the irs is doing with 87 000 new
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agents patrick collins is on he owns a gun business i'm sorry an ammunition business
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and he ships ammunition and has for a while now all over the country ups is losing his packages
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and he's not alone there are several companies that are losing hundreds of thousands of dollars
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in ammunition where ups is that ammunition going and why don't they seem to care we have that and
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the election results on today's podcast brought to you by gold line everybody from joe biden to
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janet yellen looking at the american people with a straight face and inflation i do not think that
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word means what you think it means yeah no it really does mean that okay i know the definition of
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inflation those people they're not straight shooters honest as the day is long are we believing this
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really are we have we become that stupid in case you haven't heard brazil russia india china and south
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enough to destroy or the value of our own dollar please i urge you to call gold line today call them
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here's a podcast so i read this story uh yesterday was scheduled to be on yesterday's program and i i just
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didn't have time to squeeze it in but it is so important as really good news of people coming back
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to their senses what is the problem right now the problem is we don't talk to each other we don't
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listen to one another anybody who says don't read that you can't talk to them you're friends with that
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person the science is settled and we can't even discuss it anymore i should put you in jail for even
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questioning that anybody who says that get them out of your life don't listen to them this is the way
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science um makes progress is through talking about things questioning turning it over and over and over
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and over again i mean did you i don't know if you heard about that study on alzheimer's the study that
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was faked faked in 2006 or 7 faked billions of dollars have been spent on this fake study that
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was peer-reviewed and everything else but it was fake we have been going in the wrong direction now
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for about 15 years or so uh because of this fake study how many lives and how many how many memories
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will be lost how many families will suffer because of that one guy questioned it and he tried to get
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in and say hey guys this is not right but the study authors had very powerful friends
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well it's finally come out we have to question and constantly when it comes to science constantly
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question ourselves over the past three decades the gender and identity development service at the
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travestock clinic in london has seen thousands of british children for gender dysphoria with a british
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minister noting that more than four thousand percent increase happened four thousand percent increase of
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referrals for girls just in the last decade but last thursday britain's national health service announced
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it's closing down travestock for good and in effect rebuking the common american medical approach
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known as gender affirming care for treating children with gender dysphoria this can include a mix of
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puberty suppressants cross-sex hormones and surgeries interventions in minors that can lead to reversible
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effects you know what is incredible to me is i have i have friends that are going to mexico for surgeries
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because the surgeries here are becoming so expensive wait what and i was like you know i don't know if i want
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the guy with the big hat you know in tijuana doing a surgical procedure and they're like no you have no
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idea glenn it's it's not that way anymore we used to lead the world in medical uh science we now are
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becoming the laughing stock of the world for years whistleblowers have rung the alarm about shoddy care at
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travestock psychologists who work there uh said that vulnerable children were being prematurely rushed
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into transition parents confronted the head of the clinic a courageous uh detransitioned woman
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kira bell said that the kids at travestock were unable to understand the ramifications of puberty
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blockers and cross-sex hormones wait a minute a 12 year old kid is not prepared to understand
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the life ramifications what the national institute for care and excellence a governmental body that
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creates evidence-based guidelines found the link between transitioning and improved psychological
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function was in fact very weak which is the off-cited justification for childhood transition
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it's as if gender dysphoric kids are not allowed to transition they will commit suicide despite the lack
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of evidence for this claim then they write the coup de grace the widely respected pediatrician dr hillary
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cass an independent study of britain's care for transgender children found that travestock's approach was
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unsustainable and children were receiving inadequate inadequate care there was dr cass wrote in her report
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a lack of consensus and open discussion about the nature of gender dysphoria and therefore about the
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appropriate clinical response the national health care service is following cass's recommendation to shut
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down travestock and replace it with a series of centers in regional hospitals the bottom line is
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there will be no more top-down one-size-fits-all transitioning for kids with gender dysphoria in the uk
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amen amen all kids that are like you know what i'm a tree i don't think i take a branch and jam it through
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their arms you know what i mean you know what we should cut off your legs and i'm going to replace them
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with tree stumps no in a sign that they may be rethinking the puberty blockers are safe and
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reversible the american food and drug administration also on thursday announced there was they were
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slapping a new warning on puberty blockers it turns out they may cause brain swelling and vision loss
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but for now the move among american medical associations health officials and dozens of
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gender clinics is to double down on the affirmative report approach with the biden administration
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recently asserting gender affirmation is trauma informed care the american stance is at odds with a
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growing consensus in the west to exercise extreme caution when it comes to transitioning young people
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uber progressive countries like sweden and finland have pushed back firmly and unapologetically
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against the affirmative approach of encouraging youth transition advocated by some transgender activists
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and gender clinicians this is incredible when you have sweden and finland and england all of these
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progressive states who we've got to be more like europe when you have france being more conservative
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on abortions you you should recognize that we are off the deep end sweden's national board of health and
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welfare released new guidelines for treating young people with gender dysphoria earlier this year the new
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guidelines state that the risk of these gender affirming medical interventions currently outweigh the
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possible benefits and that the treatment should be offered only in exceptional cases finland's council for
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choices in health care came to a similar conclusion earlier this year noting the first line intervention for
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gender variance during childhood in adolescent years is psychosocial support and as necessary
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gender exploratory therapy and treatment for comorbid psychiatric disorders in light of available evidence gender
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reassignment of minors is an experimental practice gender reassignment medical interventions must be done with a great deal of
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caution and no irreversible treatment should be initiated
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guys i am telling you right now we are going to be remembered as a society that if we don't stop
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we'll make the nazis look like rookies remember all of those nazi experiments on children and stuff those happened
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in the children's hospital they didn't happen first at the concentration camps they happened at the
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children's hospital and the doctors and the nurses were convinced they were doing the right thing while the rest
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of the world said oh my gosh no and at first many of those countries like sweden and finland were part of it
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they were like you know what we should maybe get rid of the unfit but later they figured it out before the nazis figured it out
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both guidelines starkly contrast with those uh proffered by the illinois-based world professional association of
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transgender health an advocacy group made up of activists academics lawyers and health care providers
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which has sent the set the standard when it comes to transgender care in the united states first of all
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you should not have an advocacy group of ad of uh activists making up a a a medical board
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they they're activists they will soon issue new standards that lower recommended ages for blockers
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hormones and surgeries get it the united states is going in the other direction their position in
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keeping with an array of u.s medical associations and activist groups across the country that insist
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gender-affirming care is life-saving assistant secretary of health rachel levine who is herself a
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transgendered transgendered i can't say it he she's a dude man anyway recently asserted that there is a
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medical consensus that as to its benefits some activists and gender clinicians in the u.s feel
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that their plan doesn't go far enough asserting that any child who wants puberty blockers should get
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them for instance or claiming that a teenager who later regrets it having her breast removes can just
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get new ones the u.s is engulfed by a political turmoil and while the scandinavians are not i wondered
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how would they come to their conclusions and what can their experience teach us in mid-july i spoke with
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thomas linden director of knowledge-based policy and health care at sweden's national board of health and
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welfare he told me that sweden's first guidelines for treating people under 18 with gender dysphoria
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came out only in 2015 after increasing awareness among health care professionals of the existence
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and needs of gender dysphoric youth at the time the focus was very much about the rights issues
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and making visible the need for care for this group and to secure access to care those guidelines
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were broadly welcomed by activist groups patients in the medical community they allowed for puberty
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blockers and hormones but urge clinicians to do long-term follow-up of patients who transition
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okay so listen to this this is the study that they were doing over in the netherlands the 2015
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guidelines that were created with a certain cohort in mind at the turn of the 21st century the dutch
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had designed a medical protocol for what was then called gender identity disorder based on a small
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group mostly male that had long lasting childhood onset gender dysphoria and didn't have any other
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serious mental health issues they seemed to fare well after medical transition in adolescence but the
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methodology asserting this wasn't reliable by contrast the young people who have been seeking care at
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swedish clinics after 2015 were increasingly teenage girls with multiple psychiatric diagnosis and there
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were a lot of them it rose from four to 77 per 100 000 inhabitants the guidelines were written for what we
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thought was a smaller group of patients also more homogeneous the same trend was found in finland where
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clinicians first started providing medical treatments for gender dysphoric youth in 2011
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the chief psychiatrist at the department of adolescent psychiatry at the university hospital in
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finland said this came in uh in part over political pressure did you hear this this came in in part over
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political pressure as well as growing awareness that the dutch and british were medically transitioning kids
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in 2015 the doctors started to see the same dramatic increases in female adolescents with gender dysphoria
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the number of referrals skyrocketed there have been five-fold more girls coming in and they appeared to be
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very much influenced by other adolescents no look at the destruction of our women look at the destruction of
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little girls not only are men preying on our little girls and our society the popular vote is just let's sexually
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exploit them yeah put them on tv sex them up now you have the trans community coming out the advocates for
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coming out not doing psychiatric care not even asking a psychiatric question in america and what's happening
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they're being influenced it's not that we have 30 percent of classrooms that are gay it's just the popular cool
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it's unclear if the infusion of trans storylines into the media contributed to the shift of course it is
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vogue 2015 the year of trans visibility caitlin jenner on vanity fair year after time declared that there had been a
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transgender tipping point it was also the year that the reality show i am jazz came out these young people
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are showing up nothing like the ones in the dutch research we were astonished to find out that most of
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the adolescents who were referred to gender identity assessment they had severe psychiatric problems
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clinicians could not be sure that these problems were the cause or the effect of gender dysphoria
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in america the common explanation for such statistics were that they were a sign of progress that this was a
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natural effect of the destigmatizing transgender people but for the swedish and finnish clinicians
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it was a cause for concern in 2018 a paper was released virtually nothing is known about adolescent onset
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gender dysphoria and the doctor that wrote it worried that delaying brain maturation with puberty
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suppressants could stymie the adolescent task for identity consolidation and could exacerbate existing
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mental health issues there was also a high rate of autism among those adolescents with onset gender dysphoria
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they go on to say because the dutch study had indicated relatively few patients regretted having
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transitioned many clinicians assumed that detransitioning reverting back to living as one's birth sex was rare
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but in finland one study showed 76 percent of detransitioners didn't inform their clinics of any feelings of
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dissatisfaction or dissatisfaction or regret so they couldn't calculate the actual rate of detransition
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but in the uk they find 10 percent of detransition we don't know what we're dealing with can we please
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almost like the darth vader theme but i think that's
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in our elections and putting in all of these ags that are now being thrown out of office
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you can't even the cities can't even wait for the next election they're like
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uh just wrote a essay in the wall street journal and i've had it on my desk and i
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i'm just we're getting so far behind i just have to take
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you know the evil emperor has spoken so let's listen to what he has to say
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and he said like most of us i'm very very concerned about crime
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i have been involved in efforts to reform the criminal justice system
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phil phil and rapist what's a phil and rapist
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anyway uh our system is rife with injustices
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the idea that we need to choose between justice and safety is false
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they reinforce each other if people trust the justice system it will work
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and if the system works public safety will improve
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anyway um we need to acknowledge that black people in u.s. are five times as
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that is an injustice that undermines our democracy
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okay can we stop looking at things as groups please
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an injustice will happen to one person not necessarily to a group
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so let's not say all black people are bad or all white people are good
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or all black people shouldn't be in prison
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what do you say the ones who have actually committed crimes
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should go to jail i don't care what color they are
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i don't get justice is blood you know what i you know what you know it's all this
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you know it's all this is if we just stuck forks in all of the judges eyes
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then they'd be blind justice is supposed to be blind
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maybe we make that mandatory all justice you want to be a judge you've got to be blind
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and nobody tell him what color it is he doesn't know it's a white guy that he just sends
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we spend 81 billion dollars every year keeping around 2 million people in prisons and jails
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well if that's what it takes to keep you know murderers off the streets i'm kind of okay with that
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are you know are you look i am looking for ways to invest more in preventing crime
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and strategies that work now listen to this he's more interested investing in preventing crime
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and strategies that work this agenda at both safety and justice is based both on common sense and
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evidence it is popular it is effective is that why everybody is having a recall of all of your da's
00:24:23.060
because it's so popular you know what forget about the stabbing and the shooting i love this guy when
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the the job that they are doing in office so much i want to get them out of office before the next
00:24:38.580
election they've just done such good work sure we could keep them in there but i want to reward
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them by getting them out of office that george is not popular this agenda is popular serious scholars
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all scholars researching causes behind the recent increase in crime have pointed to other factors
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a disturbing rise in mental illness among young people due to the isolation imposed by covid
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lockdowns oh so we're now we're now recognizing that that caused mental illness we're a pullback in
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policing in the wake of public criminal justice reform protests those weren't criminal justice reform
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protests those were mobs in the street that were condemning our cops and calling them all killers
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i don't know if you notice this george but that little experiment uh led to a lot of great cops
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just leaving it led to also places just firing a bunch of cops have you been to seattle lately
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oh it's beautiful this time of year when the when the red from the blood kind of just kind of reflects up
00:25:53.440
on the green of the trees oh you feel like it's christmas time many of the same people who call
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for more punitive criminal justice policies also support looser gun laws yeah somebody should have a gun
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because your people are letting all of the criminals out in the street this is why i've supported the
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election and more recently in re-election of prosecutors who support reform i have done it
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transparently oh my gosh you are so transparent you are as transparent as a mountain and i have no
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intention of stopping of course not nothing can stop you nothing can stop no country no sane country in the
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world will would allow somebody to come into the country like george soros and just meddle
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in our elections like he's doing just shape get into bed with the left fund them to the tune of
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billions of dollars millions of dollars going through all these shadow organizations to fund
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everything that could destroy us no no no i'm no i'm serious it's going to be very very very good
00:27:07.560
yeah very good uh what i want to do is maybe put in uh some russian people in for police you're
00:27:15.960
missing police so i thought maybe we did yeah i find it kind of fun meet boris oh oh good the police
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oh they're going to be russians that's fantastic yeah well i i i kind of sure people will be hurt
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the legs will be broken but you know you have to break some eggs okay okay all right hey here's
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something else that he's doing um he is spearheading with joe biden uh efforts against election
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integrity he is spending all kinds of money just to make sure everything is safe and comes out the
00:27:57.600
way it should you know a proposed constitutional amendment in michigan by a soros funded group
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would prevent both stricter voter id requirements and a ban on private donations to election officials
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from being enacted so he's he's like but i just want to give some money to some elective
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some election officials what could possibly go wrong i is you'll call it a bribe i call it the
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happy money federal agencies under the biden administration now seeking to increase voter
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registration and turnout a group a group linked to the left-wing mega donor george soros i have why
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you're saying this why you're saying my name is because i'm jewish is pushing for a constitutional
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amendment in the battleground state of michigan that would allow zuckerbox to be used in election
00:28:52.160
administration oh well then what could possibly be wrong would the press leave me alone if i said
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you know what i'm going to fund uh like it's it's like a traveling library except it's a
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traveling uh little bus that you can vote in and i'm going to go to all of those counties that are
00:29:16.440
the deepest deepest of red and i'm going to make sure that we get every vote of course i i i'm just
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funding it i have nothing to do i have nothing to say about it oh and i've paid off some people in
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you know in the in the uh in the local precincts you know just i just giving them some happy money
00:29:36.920
would anyone in the press say oh that's okay for glenn beck to do it no of course not i wouldn't do it
00:29:44.020
because i wouldn't be cool with it the states that is their job
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anyway so he is now working with biden funding all of this stuff earlier this year biden put out
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to his entire cabinet all the departments such as housing and urban development health and human
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services and the labor department look boris is busy right now you want more legs broken but
00:30:15.420
uh they now want to turn uh their work and you know sure i want you yeah those assisted housing centers
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those are fantastic could you just register some people too federal agencies are now participating
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in voter turnout efforts uh and by the way i just want you to know those those agencies are all now run
00:30:39.160
by democrats would you be okay with this democrats if donald trump said by the way i'm just taking
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hey guys an hour of your work day uh you know just an hour you democrats you you and well not you how did
00:30:56.240
you vote yeah not you but you you and you i want you to turn your agency into uh a voter registration
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agency this is insane insane george soros should be banned from the united states his money should
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be banned by the way uh a judge in san francisco you know yesterday they were like we gotta allow
00:31:28.080
non-citizens to vote because uh because non-citizen has the word citizen in it so they're citizens
00:31:41.760
non-citizens non-citizens and they should vote yeah well there was a ruling that has just been released
00:31:48.620
the judge in san francisco let me say that again a california judge struck down the san francisco
00:31:57.900
city ordinance allowing non-citizens to vote huh gee what could have gone wrong with that
00:32:07.060
it's amazing how our government has been turned into an instrument that is opposed to our individual
00:32:17.400
rights and protecting our individual rights our vote is sacred you have a right to have your voice be
00:32:26.620
heard and you have your right to make sure that your voice is not watered down by corruption
00:32:33.440
or by people who shouldn't be voting that's their priority this administration is using every tool they have
00:32:46.400
to do the exact opposite this is why these admin this administrative state has to be shut down
00:32:55.720
it's not constitutional it is a it is a progressive idea and nobody in our founding had thought oh yeah congress
00:33:06.860
will just give up their power why would people do that because they're getting rich if they do and they
00:33:14.460
don't have to answer for anything so they just keep going to work let the administration do it and the
00:33:21.980
administration doesn't eat biden he's i'm not i mean yeah i hired the guy but holy crap what did he do
00:33:29.860
what did the administration do well it wasn't him the head it was probably somebody down you know like
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a lois learner and we can't blame them or send them to jail unless how did she vote yeah we can't send
00:33:41.500
her to jail that's not the american way this is the best of the glenn beck program and we really want
00:33:52.940
to thank you for listening everybody's favorite recovering investment banker carol roth the author
00:34:08.640
of the war on small business have you named your next book yet what is the name of it oh you keep
00:34:14.180
you want to announce it or not not not yet not yet it's coming it's coming well we'll uh okay as soon
00:34:19.360
as we're ready i'm excited here's what i'm gonna give you the the promise i will i will break the news
00:34:24.000
live with you okay well i'm excited because i know what it's about i know what it's about uh and it's and
00:34:33.300
it's going to be really really good anyway um biden is seeking an extra 80 billion dollars this on top of
00:34:41.920
the other spending this is 80 billion dollars in extra funding for the irs to crack down on tax evasion
00:34:52.140
by those billionaires which not a chance uh you just tweeted uh they're only going after the billionaire
00:35:02.660
and the wealthy crowd the government consistently enables wealth transfers to the wealthy you think
00:35:07.740
that's what they're going to change who has the bucks to support the lobbying and their re-election
0.85
00:35:12.940
really they're going after that biden hiring 87 000 new irs agents to go after 800 or 900 billionaires
00:35:23.020
enjoy your audits yes tell me what's this about i hope everybody is prepared this is very frustrating
00:35:31.920
you know the the democrats like to pretend that they are the party of the middle and working class
00:35:37.180
and the biden administration has continued to find ways to extract wealth from the middle and working
00:35:45.040
class we saw it in the american rescue plan they raised the reporting threshold for any sort of
00:35:51.100
hobby sites you might have to uh potentially get the flags for audits up it went from twenty thousand
00:35:57.720
dollars on an ebay or etsy down to six hundred dollars now and this was part of build back better
00:36:03.900
which we thought was dead but now it's just coming back in pieces this this piece has survived
00:36:09.220
80 billion dollars for the irs over which half of that as you said is going to hire 87 000 agents for
00:36:19.860
enforcement okay we don't need 87 000 agents to go after what was 800 or 900 billionaires it might
00:36:29.740
not even be that much anymore now that the stock market has gone down so who do you think they're
00:36:34.640
coming after they want you to buy into this they want you to buy and go yes those people need to pay
00:36:40.620
their taxes and as soon as you give them that approval and that money they're going to come after
00:36:45.340
you and regardless you should pay your taxes that are due but that doesn't mean you're not going to
00:36:49.720
get an audit and that doesn't mean you're not going to have to justify every single thing that you do
00:36:53.820
and waste your time and money so they can try and extract a few more dollars from you
00:36:58.300
um we know from the obama administration they politicized the irs we also know that they just
00:37:06.600
bought 700 000 worth of bullets for the irs that that is really frightening 87 000 new auditors
00:37:19.420
going out to what small businesses of america they're not going after the rich they you know
00:37:26.660
they're not going to go after the poor either but they're going to go after anyone who a disagrees with
00:37:31.360
them and because it's now public private partnerships any business that doesn't agree with
00:37:37.700
them yeah this is um really really scary in fact now that my tweet has sort of gone viral i've never
00:37:45.020
been audited before but i'm certain that i will be um next time around i was audited under the
00:37:51.420
yeah i was audited underneath the uh the obama administration for the very first time
00:37:57.280
so yeah that was fun that was fun and they do they politicize it and the crazy thing
00:38:02.940
are the number of people who gave feedback and said well if you're not a tax cheat what do you have
00:38:09.440
to worry about and you've hit the nail on the head glenn is that the politicization of this they're
00:38:14.800
going to come after people they're going to harass you they're going to tie up your time they're going
00:38:19.060
to tie up your money and regardless of whether you have followed the rules or not there's a great
00:38:24.140
warren buffett phrase that said something along the if the cop follows you for 500 miles at some
00:38:30.280
point you're going to get a ticket it's the same kind of thing they will find something because you
00:38:34.860
have to justify it and even if you are in the right they still have the final say and now you said
00:38:40.600
they're now they're loading up on ammunition so what exactly is it that you're going to do
00:38:44.920
so i i think this is part of just the impoverishing i mean you want to take down inflation
00:38:51.620
you have to stop people's buying power um the government is spending money everywhere so that's
00:39:00.020
just going to increase inflation but they're impoverishing us if you want to at 2030 you will
00:39:06.580
own nothing and you'll be happy like the world economic forum's plan is you have to impoverish people
00:39:13.680
and so they're taking our money through actual taxes um getting more draconian on it but they're
00:39:21.220
also taxing us without representation in inflation yeah it's uh go ahead i would say everywhere you
00:39:30.400
turn from every side there's either the direct or the indirect taxation um that in fact impacts you on
00:39:37.520
on an ongoing basis you know it is the continual expansion of the government and the monetizing
00:39:42.620
of the debt it is the intentional causing and deliberate causing of this rampant inflation
00:39:48.240
that lowers the purchasing power even if you feel like oh i may be making a few more dollars you know
00:39:54.600
your dollar's not going as far then they're going to do it through direct taxes and then the next thing
00:40:00.280
that's coming glenn after this and they've already started seeding this is wealth taxes we've we've
00:40:05.920
heard oh we're going to start you know taxing quote unquote unrealized capital gains as that if that's
00:40:11.620
a thing or income which it's not and there is an 84.4 trillion dollar generational wealth transfer
00:40:19.980
that's going to happen in the next 23 years this is you know the the boomers and you know those above
0.92
00:40:26.580
them who are going to be passing this on to their heirs do you think the government's not trying to get
00:40:31.700
their hands on as much of that as possible of course they are so they're seeding this wealth stuff
00:40:36.260
with the wealthy with the billionaire so that you concede the principle that it's okay to do it
00:40:41.140
and that is in my opinion what they're really after 84.4 trillion dollars that is going to be
00:40:48.280
transferred from one generation to another so here is here's the real problem of this um you know the
00:40:55.200
people will cry out for the millionaires and billionaires but once you do that you're violating
00:41:02.080
the principle and they can come after you for it as well and uh you know you don't have the right
00:41:09.800
in my opinion the progressive income tax is is morally reprehensible it is just morally reprehensible
00:41:19.440
you cannot the government cannot print a right to do what you cannot do so if we all agree on taxes
00:41:28.480
it's totally fine to say okay everybody pays the same rate on my block but it's not i don't have
00:41:37.580
the right to tell people you know what they have more than you do and i do right down the street in
00:41:42.940
the next block we're gonna have the sheriff go and they have to pay more in taxes than we do i don't
0.56
00:41:48.980
have that right i don't have that right how does the government have the right to do it they don't and
00:41:56.080
just even the rhetoric you know i'm a strong proponent of individual rights at the principal
00:42:01.020
level and you have people like you know elizabeth warren who go out and they name people they name
00:42:07.220
musk they name bezos we're going after these people think about that you know assume these people didn't
00:42:12.740
have billions of dollars and you didn't like them for whatever reason the principle that somebody in
00:42:18.480
congress is specifically going after a civilian is so morally wrong and scary and then what if they
00:42:26.680
decide to do that to you for whatever the reason is i mean you cannot concede these principles and
00:42:33.200
unfortunately we have so many people who are just basically bootlickers of the states that they say no
00:42:38.780
no you know down with this person down with this person and they're the ones who are going to end up
0.63
00:42:43.120
with the middle class and the working class completely trash because i hate to tell you this
1.00
00:42:47.680
folks the billionaires don't have enough money if you took the top 11 billionaires you took away
00:42:53.220
every penny of their wealth as it's valued today you'd fund the government for two and a half months
00:42:58.280
for one year and then it would all be gone so who are they going after everybody else
00:43:03.400
it is you know i i talked about this uh yesterday that if you look at what the government is doing
00:43:12.700
we had the strategic oil reserve full and it was you know at two dollars a gallon um and then uh
00:43:21.340
biden comes in and he pretty much raises creates a new tax on gasoline by shutting everything down
00:43:30.200
so it costs us five dollars a gallon um and we're having a hard time with it then he says i'm going to
00:43:37.300
take your tax money and i'm going to refill this oil so now the government is in competition for us
00:43:45.000
with us for that oil so we're going to pay not only for that oil again but we're also going to pay
00:43:51.480
for it at the gas pump and it will cause a problem but the most important thing is and this is happening i
00:43:58.080
think with chips as well the government is becoming the big buyer and when you're a big buyer you
00:44:06.580
control the market and so you control what these companies do this i think they're creating public
00:44:13.480
private partnerships while impoverishing us yeah i mean we've seen this happen you know it's sort of a
00:44:20.600
stepping stone to the nationalization of industries and we saw this happen in venezuela which was you know
00:44:26.740
the fourth or fifth wealthiest country in the middle of the 1900s and now the median net worth
00:44:33.660
for venezuela is zero because they went and they sold it in the exact same way they sold it with you
00:44:39.580
know when there's inequality and we need to make things better and if you give it to us we're going
00:44:43.680
to make it fair and you know we know we've seen this story happen many many times before we see the
00:44:49.160
result this is exactly what they're doing they only care about their power grab that only works with
00:44:55.200
the elites then they have the poor there will be no middle or working class it's going to be that
0.99
00:45:01.760
barbell that we see throughout history and that's what gives them the ultimate power and it is at the
00:45:07.820
expense of your freedom your wealth creation opportunities and frankly the foundation of this
00:45:12.000
country there's still a chance that we can turn this around though don't you think i do i do but we have
00:45:18.760
to get people involved who have the fortitude to go in and reset the system you know we have a
00:45:25.820
situation where the government without any you know this magical covid relief they're projecting for this
00:45:32.360
fiscal year to spend 5.8 trillion dollars that's like a quarter of the gdp like we can't have that
00:45:41.620
happening every dollar that the government is spending and is taking away from the private sector
00:45:46.900
is is just money that's being transferred one place to another it's not productive use of capital
00:45:52.800
and so we need to have people who are willing to not just talk the talk but actually walk it to go
00:45:58.440
in and say this is enough we have to change things we can't just kick it down the road we need
00:46:03.940
real reforms and you know unfortunately we are dependent upon people to do that