The Glenn Beck Program - Ep 34 ｜ Kevin Freeman ｜ The Glenn Beck Podcast

00:00:00.000 I left my blue suit and white shirt off today because I'm talking to one of the world's leading

00:00:06.440 experts on economic warfare and financial terrorism. He has been a consultant for the CIA,

00:00:12.300 the FBI, the SEC, Homeland Security, the Justice Department, several foreign governments as well.

00:00:18.340 His research has played a major role in the Department of Defense studies, including the

00:00:23.620 reports prepared for the Secretary of Defense. He's a senior fellow at the Center for Security

00:00:28.440 Policy, and we have a ton to talk about. Russian interference, the Internet of Things, Chinese 0.90

00:00:35.220 hacking, 5G, socialism, surveillance capitalism, the U.S. economy, and how to weaponize your money.

00:00:43.080 We're going to cover almost everything in the next 90 minutes. If you're curious about where

00:00:48.100 the world is headed, where the economy is headed, and you're seeking some wisdom on how to navigate

00:00:54.580 the choppy waters, you don't want to miss this conversation. The host of Blaze TV's Economic

00:01:00.200 War Room and good friend, Kevin Freeman.

00:01:03.100 So, Kevin, let's start with just your experience with the Pentagon and our meeting. I actually read

00:01:25.720 your work and talked about you when I was at Fox saying, and somebody did a study on what happened

00:01:32.640 in 2008. And when our stock market was melting down, somebody actually hit us. That was your

00:01:41.020 study done for the Pentagon.

00:01:44.540 Yes, it was. And when you read it on the air, it was a complete shock. I had friends calling from

00:01:49.300 across the country, you're on Glenn Beck. And I'd actually been interviewed by Maria Bartiromo

00:01:54.620 at the same time. Really?

00:01:56.360 Yeah, my response was, hey, give me my due. I'm on with Maria Bartiromo. Don't tell me I'm on Glenn Beck.

00:02:03.000 Big deal. Maria knows what she's talking about.

00:02:06.100 No, I was referencing the fact that she's a beautiful woman. 0.73

00:02:08.380 Yes, yes.

00:02:09.700 You.

00:02:10.160 Yeah, thank you. I identify today as a beautiful woman. So back off, Kevin.

00:02:16.180 Um, let's talk about what you found and how it really didn't seem to affect anyone.

00:02:25.480 Well, what we found was without question, foreign entities were manipulating in our stock market.

00:02:33.000 I'm not saying they were the cause of the 2008 collapse, but they were certainly taking advantage

00:02:37.760 of it.

00:02:38.200 Right. And that's can be just as devastating. I mean, the end, it's just as devastating as if

00:02:44.360 they caused it. Um, probably cost us an extra trillion dollars in response.

00:02:48.920 Really? And what were they doing? How did they do it?

00:02:51.520 They were exploiting something called naked short selling. It was a loophole that was allowed in the

00:02:57.140 markets. Uh, part of it was by Middle East sovereign wealth funds. There may have been

00:03:00.860 Russian involvement, Chinese involvement, but they were purposely attempting to cause panic on wall 0.73

00:03:06.300 street and they were doing it right before a presidential election. And we know the Russians were 0.87

00:03:12.500 active because the treasury secretary admitted that they were trying to collapse Fannie Mae and Freddie

00:03:18.680 Mack. And he admitted it, he wrote it in his memoirs. He also has admitted Russia was that Russia was

00:03:24.520 right before the election. Russia was manipulating our stock market via Fannie Mae and Freddie Mac knowing

00:03:31.240 full well it would impact the election. So how is it? I mean, we, you've, you've done that. They know that

00:03:40.180 our government, um, I mean, it was out in the open that they were going to manipulate, uh, the 2018

00:03:48.320 election or 20, was it 2016? When was that election? It seems like a thousand years ago and yesterday,

00:03:55.140 but the last presidential election, right? We knew they said it, they said it out loud that they were

00:04:02.100 going to be doing things to our election. We know that. And yet no one is doing really anything except

00:04:10.220 playing political politics. Yeah. They've been doing it. We have been active in other elections.

00:04:18.500 They've been active in our election for decades. And I'll give you an example of nobody wants to talk

00:04:24.160 about this, but we know when the cold war ended, the wall fell, the KGB files were opened.

00:04:31.240 We found out that Ted Kennedy as a presidential candidate had approached the Russians had

00:04:37.440 approached the KGB and said, Hey, I will end this cold war in your favor. We'll, you know,

00:04:44.360 this Reagan arms buildup will stop all of that. If you help me get elected president, we know that

00:04:49.920 they, we know that this has gone on for decades. They've only made an issue out of it now because

00:04:55.800 they think it's a, an opportunity to take down president Trump. I want to get to socialism in

00:05:01.040 our own politics and things like that. Um, with you in a little later on, but you know, when you say

00:05:07.540 that about Ted Kennedy, um, and we have the evidence from the Russian files that that's true,

00:05:15.240 uh, are things any worse than they've always been?

00:05:22.700 I think it goes through cycles and we're in a bad cycle at this point. So I think we've seen bad

00:05:29.080 times. I mean, when you've got a civil war in the nation splitting as, as we had, uh, that's really,

00:05:35.720 really bad. Yeah. So I think that's, we're on one of the bad times, but not the worst times.

00:05:40.980 Do you think that's a possibility for America? Oh, absolutely. It's possibly for America. 0.76

00:05:47.220 Crazy. You see, you, you just see that the attitudes are so very different. In fact,

00:05:52.840 one of the ideas I had for a novel was red state, blue state. And, and I was going to write a novel

00:05:58.940 about what would happen if we just agreed to disagree. And the middle of America said,

00:06:04.460 we want to go our direction and the coasts and the leftist parts of America, the progressives,

00:06:09.080 we want to go our way, but we want to continue to have some kind of trade relations and get along.

00:06:14.280 And what would life have been like? I never explored it, but I think it would have been

00:06:17.920 a fascinating premise. So I will tell you that, um, I explored that mentally. Um, and I've said it

00:06:26.140 on the air for a long time. You could take the 50 States and we could say, we want Texas

00:06:33.200 and you can have anything else and we'll split it down the middle. You get one pick that you want.

00:06:40.500 You'll probably pick New York or California. Fine. We want Texas and everything else on the table.

00:06:46.440 You pick first, they could pick all of them and leave us with the worst of the States. If you will,

00:06:53.340 we would have to build a wall all around them. And we could not have economic relations because I

00:07:01.540 really truly believe that within 10 years, they would screw those States up so bad. And we would

00:07:09.060 be prosperous even with the worst States that they would somehow or another find a way to blame us

00:07:16.240 for their condition. Well, that's likely true. That's likely true. But anyway, it's worth exploring.

00:07:23.100 The question was though, do I see a potential civil war is yes, because we're going such different

00:07:28.780 directions. There are States that are now saying a minute after a baby is born out of the womb,

00:07:34.480 then you can kill it. And then others who say that's abject murder. We do not share in common 0.94

00:07:40.980 an understanding of life and so many other issues, life, economics, all the key issues.

00:07:48.140 We, we find ourselves completely at opposites ends of the spectrum that happen. How do we get there?

00:07:55.040 Do, do Democrats, the average Democrat, do you think they believe that? Do you think they actually,

00:08:01.280 I'm not talking about the politicians. Do you think the average Democrat believes that it's okay to

00:08:07.720 kill a child after birth? No, no. So we actually do agree, but we're still arguing about it and they 0.70

00:08:16.160 won't concede that point. So what's causing that? I think it's the education system. I think it's the

00:08:23.640 media. I think it is just the whole general idea of identity politics. And you put those in the mix

00:08:31.280 and you, you raise up, you know, you raise up a generation to Texas and they'd say, oh,

00:08:35.820 that's absolutely wrong. You raise up a generation with different education system,

00:08:39.780 with different media inputs. And I can say, well, why is it wrong? I mean, culturally we've seen,

00:08:45.480 for example, on the life issue, there are many points in history where baby's not really a human

00:08:50.580 being. It's okay to kill it. Herod said that, right? So we're just, they're just being taught that 0.99

00:08:56.540 they believe that. We find these truths to be self-evident. I used to think that was true.

00:09:24.120 I don't anymore. I don't think there are many self-evident truths. You, you, if I go to

00:09:34.180 China, we would think, oh, well, they want to be free. Well, if you've for, for hundreds of years

00:09:43.020 lived under that kind of system, freedom is not self-evident. Conformity seems better. That's

00:09:50.160 aberrant. That's a problem. Creativity is a problem, which is by the way, some economists

00:09:55.000 believe that China is in deep trouble because the more that they crack down socially, the less

00:10:00.860 creativity they could ever have. Correct. Let me go to, let me go to China, but through 5g. 1.00

00:10:06.660 Okay. Um, I've been watching 5g now for a while. And, um, I remember when I first heard about 5g 0.69

00:10:14.440 and the argument was, should the government build this or should private, the private sector? And I'm

00:10:20.840 like, no, let the phone companies do 5g. I mean, they've done one through four. Why not five?

00:10:28.080 Can you explain a little bit about 5g and why it's so important?

00:10:32.040 Well, 5g is the next generation of wireless, but it's not the same as moving from 3g to 4g,

00:10:38.180 which is what we did. We got access to movies and we got faster downloads and we could access websites

00:10:44.040 more easily and we could get maps and so forth. It was that easier, but it wasn't game changing.

00:10:49.640 Yeah. It enabled us to have the iPhone revolution. Correct. The smartphone 5g is the ability. All

00:10:56.680 right. So if, if I had a robot and it was in my house and it was operating on my fast high speed

00:11:03.920 network at home and wifi, it'd be good for about, I don't know, 50 yards down the street and then it

00:11:11.720 would stop. If I put it on the 4g network, the bandwidth is not fast enough in a lot of places

00:11:18.060 that that robot could continue to operate. So I'd be limited. And that's where we are now is limit.

00:11:24.140 But if we have 5g, which is faster than the fastest home network that we have, and the capabilities are

00:11:30.180 far beyond that. And that robot could go any, the pipe is huge. That robot could go anywhere where

00:11:36.920 that network is available. So it opens up a whole idea of the internet of things that are not bound

00:11:43.700 to a specific location. Right. And the internet of things, I don't think people really understand.

00:11:49.360 The internet of things is your refrigerator, uh, reporting to Amazon, you know, or your local

00:11:57.220 grocery store. We're out of cheese, we're out of cheese. And so every, everything you have that

00:12:03.260 you plug in begins to communicate not only with each other, but with the outside force to say,

00:12:10.360 Hey, by the way, we're going to need a dishwasher mechanic to come over. Cause something's wrong

00:12:14.260 with the dishwasher. We're out of milk, have milk sent to the house. And all of that is,

00:12:20.400 is gathering information, uh, in what is now being coined as surveillance capitalism, which I'd like

00:12:28.920 to talk to you about. Um, but, but it's, we're looking at it as a good thing. It's convenient.

00:12:36.040 It's convenient. Tell me the dark side of that. Well, the dark side is, is that there was a report in,

00:12:43.220 in Europe. Why shouldn't we have devices in the home, the echo dot in the home report using

00:12:51.380 artificial intelligence. If you're committing a crime, that's, that's the easy, well, that's to

00:12:58.400 our own government or to the government there. Well, that's a, what if it's spying on you for a foreign

00:13:03.500 government? What if it's being used for blackmail purposes? What if it's being used to life and

00:13:08.300 death? There was a movie out, uh, I think Dennis Miller was in it and, um, Sandra Bullock called

00:13:14.320 the net and it was made probably in the 1990s. And basically whoever was running the net was running

00:13:21.660 her life, killing people in hospitals because all of a sudden you don't need insulin. You need morphine

00:13:26.580 and they just would substitute. We would be subject to the worst hacking potential or the worst

00:13:32.960 surveillance that you can ever imagine because everything we own has a chip in it and is

00:13:39.320 connected to the internet. And that's why one of the reasons why we are pursuing the main, uh, phone

00:13:47.720 company in China, Huawei, um, because they are so far ahead in 5g. And that is a, uh, uh, a communist 0.88

00:14:00.820 company that is founded by a former member of the people's liberation army of China. Okay. And they are

00:14:08.560 trying to recreate the old silk road, which was for trade, but this is a digital silk road. They're

00:14:16.840 already in Germany. Uh, they're in India. They're trying to make a real impact here in the United

00:14:23.900 States, all of our allies. What does that mean if they have the 5g technology? Well, the first thing

00:14:31.660 we've got to understand is the Huawei is out denying everything. We don't put back doors in it. That's

00:14:37.020 the, uh, mobile world Congress is taking place right now. I think it's in Barcelona and they're

00:14:42.080 saying we don't put back doors. We offer better security. The U S government spies on you, but here's,

00:14:47.360 let's go to the reality. The Chinese government openly admits that they spy on all of their citizens

00:14:53.300 and they rate them on a social credit score. We also know that when our companies operate in

00:14:59.400 China, the Chinese government tells them you have to operate this way. So Google pulled out of China

00:15:03.880 at one point has gone back, but Apple has admitted that the, well, they asked us to support this and

00:15:09.160 do this. So why wouldn't Huawei be subject to not only that level of scrutiny, but an even greater level

00:15:16.740 since their founder was a PLA member. So there is no question in my mind that you can't, you cannot

00:15:24.380 exist in China as a major corporation without the absolute approval of the military and the Chinese

00:15:30.920 communist government. So are they compromised? Absolutely. Yes. Without question.

00:15:37.680 And that gives them access to the internet of things in our home.

00:15:42.280 Well, they've said there was a Bloomberg report that came out and said that the Chinese chips that

00:15:47.580 are being sold have chips within the chips so that they are able to monitor control, turn on,

00:15:54.120 turn off. Yes. It would give them control. It would give them first control at a blackmail level.

00:16:00.260 And I'll give you another example on that. We don't know exactly who it was that, that hacked the

00:16:06.180 credit score companies. We don't know exactly who it was that, but if you know the credit scores and the

00:16:12.180 debt of every individual, you have a blackmail list and you know exactly who to bribe, offer, cajole or

00:16:18.780 whatever. China has, I was once told by the head of the cyber security in Texas that in Beijing, they

00:16:27.540 have a better copy of the Texas driver's license database than we have here. They have more

00:16:32.780 sophisticated technology and they sliced it. They know every one of us. They've hacked and understand

00:16:38.340 credit scores. They've hacked and understand what credit cards that we carry. They know the military

00:16:44.440 records. They know the records of the personnel, the office of personnel and management, the OPM hack.

00:16:51.280 So they now have gathered information on every individual. They know who's vulnerable, who's weak.

00:16:57.760 They can track us. They could track our phones. They'd know where we were going. If you have that level

00:17:01.860 of information, you have almost absolute control, even if you're not sitting in Washington.

00:17:07.380 Because it is, let me take you to a new term that I've just heard, surveillance capitalism. It's a new

00:17:13.780 book out and it's fantastic. And it's warning that we are allowing, when in 2000, we thought of smart

00:17:26.220 homes and the idea was it would be helpful to you, but you would own all of the information. You,

00:17:35.480 all the information that it would gather inside your home would never leave your home unless you

00:17:40.920 authorized, yes, go order milk. Then September 11th happened and people started thinking differently

00:17:48.600 and the government started thinking differently. And then Google started thinking really differently.

00:17:54.120 And now all of that information, it, it absolutely leaves your home. You don't even have a right to the

00:18:03.100 information they have on you. Even if you had that right before your one service agreement update away

00:18:11.020 and who reads the service agreement updates, you may just click so that, because I'm dependent on,

00:18:17.420 I have to use it. So you click yes and you go. If you click one service update and click yes,

00:18:23.960 it, the average person, it will, um, it will affect you in a thousand different companies,

00:18:31.140 a thousand different ways. You'd have to go through a thousand different contracts to really

00:18:35.740 understand what you've just done. And if you say no, then all that technology you're dependent on no

00:18:42.020 longer functions. Correct. So, um, handing that over when, when you say they'll have all the information,

00:18:49.620 you know, Putin says that we're already in world war three, the West just hasn't figured it out yet.

00:18:56.140 Um, and he said it's being fought with ones and zeros. Sure. This kind of, this kind of power,

00:19:04.520 they can turn off our gas systems, our banking systems with really with just a code. If you have

00:19:13.880 the backbone of the five five G you could shut everything down. You want Huawei, not only sells,

00:19:21.040 uh, chips that go in phones and is used for development in a five G and Vodafone says,

00:19:27.260 if you don't let us use Huawei chips, we will be two years behind in Europe. And you can blame the

00:19:31.960 Americans that you don't have a modern phone. Uh, but they also sell the chips that go in solar

00:19:37.260 systems. And one of the recent concerns, secretary Perry in the energy secretary Perry just said,

00:19:43.400 I'm very concerned because the Huawei chips in the solar systems, give them an entree into

00:19:50.080 the power grid, even without hacking it.

00:19:53.120 So Kevin, we're in this weird place where as a conservative, I've never feared corporations

00:20:19.120 and I've never really feared government. I mean, I had a healthy fear of government, but I believe

00:20:25.780 they were on the right side of things. And I believe that the free market system would sort out

00:20:30.600 bad corporations. I don't trust either of them now. I don't. And, and I think they're beginning

00:20:37.920 to work together because they both have, um, uh, uh, uh, a, uh, a horse in the game, uh, in the race of wanting

00:20:48.940 the information on everybody. Are we, I know that China is following Orwell's 1984. It's their China 2020, uh, 0.97

00:21:00.920 total surveillance project. That's 1984. That's George Orwell. Are we, are we doing Huxley? Are, are, are we?

00:21:12.220 The brave new world. Yeah. Yeah. That, well, when you see, you know, I turn on CNBC every morning,

00:21:18.500 I watch the stock market closely because that's my history and my profession. Uh, cannabis stocks

00:21:24.560 are going wild. Everybody get calls all the time. If you, what is your, what do you do with cannabis

00:21:29.960 portfolio? It's like, I don't buy can I was trained by John Templeton. We didn't buy alcohol

00:21:35.120 or tobacco stocks. You know, there's no way I'm going to buy cannabis stocks, but the whole idea

00:21:40.780 that's Soma, right? I mean, we're, we're, we're selling out to the idea that as long as I can have 0.94

00:21:46.640 this drug that I take and I can get the entertainment that I want and, and then, and be the person that I

00:21:53.980 feel like on the inside and the world has to accept me for who I am, what do I care about the rest of

00:21:58.920 this stuff? And that's the Huxley. Right. And so it, it concerns me, you know, the Huawei, the decisions

00:22:07.880 on 5g on whether China enters the West in a, in a big way with all of our allies are happening in the

00:22:15.320 next six to 18 months max. Um, those decisions are being made that affects all of us. Right. And we're not

00:22:25.480 even talking about it. Most people don't even know it. This is akin to the height of the cold war and both

00:22:34.740 Russia and America, just missile building like crazy knowing whoever gets to space and gets that 0.94

00:22:41.800 nuke first wins and no one knows about it. No one's paying attention. No, in fact, it's beyond that.

00:22:51.200 We're being sold the idea that we should invest in the Chinese corporation that's doing this.

00:22:56.740 We're funding a lot of this. It's the whole apocryphal saying, you know, that we would sell them the rope

00:23:02.500 with which they hang us. We're actually giving them the capital to buy the rope with which they

00:23:07.940 hang us. So what is our, if we stay as ignorant, ignorant as we are, I've never believed, I've always 0.99

00:23:18.360 laughed at those movies who are like a blade runner. Well, the corporation needs to, I've always laughed 0.99

00:23:23.800 at that. But the corporation, Google, Facebook, those kinds Huawei, they're in bed with the

00:23:33.260 governments. And is that is blade runner? What our future looks like? Do you have any concept?

00:23:42.280 Where are we headed? I hope not. But where we are headed is we're in a global economic war

00:23:48.760 and you're a big Liberty guy. You talk about Liberty. I believe in Liberty. We have two very

00:23:57.160 strong enemies against Liberty. We have the foreign enemy, whether it's Russia, China, North Korea,

00:24:03.180 Iran, the jihadists, they're all foreign enemies of our Liberty. We have domestic enemies of our 1.00

00:24:09.220 Liberty and I think they're pursuing power and they're in bed with corporations sometimes. And

00:24:14.320 sometimes they're not, you know, but the socialist trend and the ideas that we have, the ideals of,

00:24:20.540 of, um, we're going to give free college and free healthcare and all that, you know, never mind that

00:24:27.340 it's going to cost $93 trillion. Nevermind that it sounds good. I want free. I'm, you know, so we have

00:24:33.540 those two enemies and, and it is the brave new world and Orwell both going on at the same time. I don't

00:24:40.540 know which one's going to win, but I know what I'm going to do. I'm going to fight. I'm going to fight

00:24:46.320 for Liberty. I'm going to fight. You know, I think that a small group of patriotic Liberty,

00:24:52.640 loving people can change the trajectory and course of this nation. And I'm going to find them and I'm

00:24:58.100 going to work with them. Um, I want to come back to that on, on some solutions. Let me, um, you know,

00:25:07.840 you said free sounds good. And what's odd is free sounds great to most Americans, unless it's followed

00:25:16.180 with speech. I mean, we are now entering a time where there is an economic war on speech, on religion,

00:25:26.760 on guns. And when I brought this up three years ago and said, this is how they're going to fight

00:25:34.560 guns. They're going to fight it economically. They're going to go through the banks, right? Don't

00:25:39.060 worry about the constitution. They'll go through the banks. They're doing that now with guns and speech

00:25:45.240 and everything. They'll go through amendments, three, four, five, six, but they're going after the

00:25:51.020 bill of rights. They are, they are for control. And so to your point on guns, there was something

00:25:56.500 called operation choke point and recently American banker magazine representing the American banker

00:26:02.780 association admitted, yes, operation choke point was real. The FDIC really was encouraging banks to

00:26:09.620 close accounts of gun sellers. It was illegal. And we have 900 pages of testimony that proved that it

00:26:17.400 was illegal. So this, when did that happen? When the American bankers association say, or when did

00:26:22.560 that? When, when was choke point? Choke point was under the Obama administration and they literally

00:26:28.000 the, through the FDIC, they were encouraging because, all right, so you're a bank and you work

00:26:33.180 with the FDIC. You just want to get through your review as quickly as possible. And the FDIC says,

00:26:38.120 by the way, we think that those companies that sell guns, they're a little shady. It's going to make

00:26:44.380 it a little harder for us to do the review. If you're doing business with them, if you want to just stop

00:26:49.160 doing business and close the accounts, you can do that. And so banks did. If you don't have a gun

00:26:57.480 seller, if you don't have the ability to buy a gun from a reputable licensed dealer following the

00:27:03.440 second amendment rights, how do you, how do you get a weapon legally? Well, you get it through a

00:27:08.160 private transaction, which they're trying to ban. You get it through a gun show, which they're trying

00:27:12.560 to ban. So this was a methodology and it was purposed. And it was said in the American banker article,

00:27:18.480 it said they were doing it based on their partisan beliefs or based on their predetermined their,

00:27:25.220 what they thought was right and wrong, their moral beliefs. So that's Operation Chokepoint.

00:27:30.600 Now, about a year ago, Andrew Ross Sorkin, who is New York Times columnist. He is also the co-host

00:27:38.340 of Squawk Box on CNBC. Every morning I see him and I see Joe Kernan and Joe Kernan represents the

00:27:44.280 conservative side and Andrew Ross Sorkin represents the pleasant progressive side and he's very

00:27:50.860 pleasant about it. And it's always makes good arguments, even though I disagree almost.

00:27:55.340 He wrote an article in New York Times that said, government will not be able to solve the gun

00:27:59.460 problem because we have this pesky second amendment, but you banks can do it. PayPal,

00:28:04.960 you can do it. All of the finance companies have more power than government. And he's

00:28:09.680 openly encouraged them to start canceling the PayPal accounts, the bank accounts and so forth.

00:28:15.120 And it's not just with guns. They're now doing it to people in my business. They are silencing us

00:28:23.900 one by one and people are not seeing it. You had Robert Spencer on podcast here, didn't you? Yeah.

00:28:33.100 He was targeted. I know he was. He was targeted. It's not, you know, it's Alec Jones and Robert Spencer

00:28:38.320 and they're going systematically across anyone who's speaking something contrary to what we find or

00:28:43.600 deem acceptable. And you wonder why are these people, why aren't they on the air? Why aren't,

00:28:48.740 you know, why are they being silenced? Well, they aren't able to earn a living. They can't even get a

00:28:54.080 bank account. Well, we just saw a few weeks ago that the paperwork has now come out. And so now we

00:29:05.020 actually know the numbers, but when we were saying Facebook is crushing, uh, conservatives,

00:29:11.560 the algorithm was changed and it changed the traffic by 70% to conservative websites. I mean,

00:29:19.500 we're, we're, we, you know, when the Germans rounded up the Jews, they put them in ghettos and live your 0.97

00:29:27.480 Jewish life. You can do whatever you want. We're building a wall around you. Well, nobody saw them. 1.00

00:29:32.540 Nobody heard them. They, no matter how loud they shouted, it just went into a brick wall around

00:29:39.140 there and then they could liquidate them. Um, aren't we doing that virtually? We are. And,

00:29:46.040 and we cover a lot of this in the economic war room. So by controlling and silencing people

00:29:52.760 or changing the algorithms or the search results output, I think it's Dr. Robert Epstein. He was

00:29:59.900 published in USA today. He said, I'm a Hillary Clinton supporter. Um, I'm still supporter today,

00:30:05.360 but here's the fact, the page results produced by Google had the potential to swing the election,

00:30:12.040 probably move independence by 10 points, which means that had they not done that, I wonder what

00:30:18.460 president Trump might have won by. I think that there are a lot of people who didn't vote for

00:30:24.420 president Trump, but they voted against Hillary Clinton. And when you do surveys of Christians

00:30:29.800 throughout the South and you're asking, why did you vote for this guy? Because he's got this bad

00:30:34.120 history here and he's with this, this porn star and all this, why did you vote for him? They always 0.70

00:30:38.960 say, because she hates us and everybody knew who the, she hates us was, but they were silencing free

00:30:45.820 speech, manipulating elections, and they're doing it with search results. And that is a silencing of free

00:30:52.000 speech. And in my mind, it's election fraud. It's nudge. It's nudge. It's what Cass Sunstein talked

00:31:00.200 about. All you have to do is just nudge people, just, just alter the search results just a little

00:31:08.680 bit here and a little bit there. And all of a sudden you're on a different path. And that's what

00:31:14.560 we're, that's when you talked about before, don't we kind of commonly agree? And you said, don't we

00:31:21.120 kind of, I think we commonly do, but they've been nudged more than maybe we've been nudged. And so

00:31:27.160 there are people that may not be that far from us, but they've been nudged. And that dividing wall

00:31:31.320 has been built between us. When we look at, um, the issue with guns, we see what's happening here

00:31:38.840 and people tend to forget Venezuelans had guns up until 2012. They took the guns from the citizens in 0.92

00:31:46.520 2012. Um, that's when you can get away with literally murder. Um, as we record this, uh, Maduro is still

00:31:57.720 in. Um, he had just taken, uh, Jorge, uh, Jorge, uh, Ramos, uh, uh, as a reporter and held him captive.

00:32:10.080 Um, reports are showing that things are getting much, much worse there. Russia is now saying we're,

00:32:16.160 we're going to go to war in Venezuela. America is going to go to war in Venezuela. Um, uh, nobody is

00:32:24.320 reporting the fact that Chinese have a warship off the coast of Venezuela right next to ours.

00:32:32.160 What's happening in Venezuela, do you think? Well, we've sent in aid, right? And, and the

00:32:37.260 Western nations have sent in aid and they shot people trying to get it. We're seeing the, the

00:32:43.060 natural result of a true socialist revolution. It, it looks good for a while and everybody celebrated

00:32:50.920 and you had Michael Moore and everybody come out and say, look at how good this is. And then you run

00:32:56.660 out of other people's money. They nationalized stuff. They ran out. I mean, it's the natural

00:33:01.640 outcome of a socialist revolution. It has to always go to dictatorship and it ends with the haves and

00:33:07.400 the have nots. The worst of which is where you have Hugo Chavez's daughter sporting around the world

00:33:14.180 with three or $4 billion. How does the communist dictator's daughter inherit three to $4 billion? 0.89

00:33:21.540 How does a bus driver, a bus driver, that's what people loved about Maduro. He was one of the people.

00:33:26.880 He was a bus driver. He wasn't rich. Now look at him. Now look at him. They're flying bricks of gold

00:33:33.040 that he claims are his out of the, out of the country. Um, what happens? Well, let's start here.

00:33:47.000 President wanted to build a wall, says it's a national emergency. Um, it's no more of a national

00:33:53.300 emergency today than it was 10 years ago. However, I think on the horizon, I don't know, are you following

00:34:00.580 what's happening in Mexico with the, with the oil, uh, pipelines and how they shut it down and now

00:34:07.240 gas lines are everywhere. They shut down the pipeline and said, we're going to start trucking

00:34:12.460 everything. Trucking isn't, it's not effective. Um, at least the way, you know, going back to that,

00:34:20.640 that's why they built that pipeline. That's a terribly inefficient way to move. Horrible.

00:34:24.520 Yeah. It's a horrible. And there's a shortage of truck drivers in the West anyway. So you've got all

00:34:28.880 these, you've got all these problems down in Mexico, just from that one thing, you have a president who

00:34:35.880 will not, uh, recognize any, but anyone, but Maduro. He's one of the few, um, of Western countries that

00:34:46.400 won't recognize him outside of Cuba. If, if he is instituting the policies that, you know, Chavez or Maduro,

00:34:57.980 uh, were, uh, it's already a thugocracy. Is it that hard for people to think maybe we would have

00:35:07.300 a huge Colombian style crisis on our hands, on our border? You know, this is as they're on the 1.00

00:35:14.100 precipice of potential economic greatness as a nation, because the Mexican people are phenomenal,

00:35:20.640 smart, hardworking people. And China is collapsing as the low cost producer. We have an agreement with

00:35:28.720 Mexico. They could be the next producer manufacturer or whatever for the United States, the wages and

00:35:35.480 so forth. They're on the precipice of this. And yet they have from the thugocracy, from the drug cartel

00:35:42.140 control, uh, from the fact that we don't have a wall and we have porous and open borders. I mean,

00:35:48.860 if we had a wall, Mexico would benefit because the drug cartels wouldn't get the massive amounts of

00:35:54.260 money. They're on the precipice of something really great. If they could get their act together,

00:35:59.420 that's the, I mean, that's where we are at so many areas of life is, is that it could be really

00:36:06.400 great or really terrible. So explain that. Let's take a break from the doom and gloom and go to the

00:36:10.900 really good stuff. What explained to people, I don't think people understand when I say

00:36:15.120 2030, you will not recognize life as we know it, it's going to be completely different, um,

00:36:25.920 just from technology and what it's going to do for disease and healthcare, all the good things that

00:36:32.100 are coming. Tell me what you see as good things that are possible. Now, if we would just get our

00:36:38.420 crap together, well, science is expanding. I, I, uh, I'm a board member of a biotechnology company 0.98

00:36:45.080 that's working on liver disease and we've completed a phase two trial over the next 10 years.

00:36:52.560 Our healthcare can improve dramatically from things that we're learning and continuing to advance in

00:36:57.760 science. Uh, if we can as a nation get our act together on the free speech issue, which I think

00:37:03.640 is maybe the most important one. And by the way, there is a, there is a, uh, Louie Gohmert came in

00:37:08.680 the economic war room and gave it a real good suggestion or he's got a bill that would, I think,

00:37:14.040 solve the Facebook problem and Facebook control problem. What is it? Basically we gave Facebook

00:37:20.220 and all social media pass and said by congressional mandate, you all are not going to be subject to

00:37:28.380 lawsuits because you're just an interplay of, you're like a telephone company and people pick

00:37:34.500 up the phone and they call and, and we can't hold you accountable for what people say on your phone.

00:37:39.680 They violated that. So if you want to be the phone company and not be subject to suit from people that

00:37:47.520 are on here, then fine, but you can't throttle, you can't use the algorithms. You can't do, it's the

00:37:53.840 platform versus publisher. I know this because of the blaze. I'm a publisher, meaning I have a say

00:38:02.920 who's on and off the platform. I have a say on, we're going to publish this. We're not going to

00:38:08.280 publish this. So I'm held responsible. Somebody, somebody sues us because someone is making the

00:38:13.980 decision, but Google, YouTube, Facebook, all of them said, no, no, no, we're a platform. We're not

00:38:21.180 going to have a say. It's run by the people. And now they're having a say editorial. Correct. So now

00:38:28.240 they're getting the protection from the government in places that no one should have protection from

00:38:34.760 the government. Unless you are completely Switzerland, you are neutral on what is being

00:38:41.200 published. Oh, well, it's being, being used over here for bad things. Oh, well, I'm a platform.

00:38:48.180 So he's introducing a bill to stop this. He is. He's if you, if you are a publisher and not a

00:38:56.620 platform, if you're doing the editorial and the throttling, then you have no government protections

00:39:01.720 from suit. I think it's a brilliant answer. We can get that adopted. Free speech happens that

00:39:07.840 changes election trajectory. It changes so many things. And that which we have in common can be

00:39:12.620 brought back together. If we don't adopt something like that, we'll just continue the

00:39:17.080 balkanization. And I keep looking at the things that we agree on. There's so much, there's so much

00:39:23.060 that we agree on. And yet we're not allowed to agree on it. For instance, the border. I don't want

00:39:28.820 an entire wall across the whole border. I want it where it makes sense. And I want, you know,

00:39:34.760 sensors or surveillance of some sort where that makes sense. You don't just put a wall

00:39:40.680 up across the whole border, but it's got to make sense. And, uh, and the left just will

00:39:49.600 not give in. They're just telling us this is a hyperbole. This is ridiculous. Just looking

00:39:57.720 at the opioid deaths, our heroin and low grade opioid come across the border. The high grade

00:40:06.100 opioids come from China. Yeah. China. And as I was thinking about that the other day, I realized,

00:40:13.120 wait a minute, isn't that what the opium wars were about with England and China? Didn't the English

00:40:22.240 know that if they went to India and bought up a bunch of opium and sold it across their border,

00:40:29.620 it would weaken them from the inside. China knew what was happening and said to England,

00:40:35.880 stop doing this to us. But that's what they were doing. Yeah. Isn't that what China is doing to us

00:40:40.600 right now? Yeah. The whole thing. But keep in mind while they're doing it, we're also passing

00:40:47.580 marijuana laws. You can use whatever you want. So it, this is a serious problem. It's an addiction

00:40:54.060 problem that our nation has. And it is a, I want to tune out and not tune in. We're trying to fill

00:41:02.240 that emptiness or whatever with whether it's fentanyl or opioids or marijuana or whatever. It's,

00:41:09.760 it's a problem. So we, on the border thing though, we just had a guest in his name, Phil Midkiff. He's

00:41:17.040 got blue servo and we opened the show on economic war. And we opened with the idea that 10 years ago,

00:41:24.020 the Democrats, we, Paul Krugman and Barack Obama, we had quotes, you know, you've seen the YouTubes on

00:41:29.340 them where, where they were stronger on the border than they are today. It's all political. Again, I think

00:41:35.160 that problem is solved. If you, if you allow a free and fair exchange of speech, I think people

00:41:40.980 will see the logic and see and understand it. So I think Gohmert's solution has an immigration 0.82

00:41:46.580 implication, has an implication for just about every issue we face.

00:41:51.180 So let me talk about the economy here for a second. What do you see coming, Kevin?

00:42:10.280 Well, in the stock market or the economy?

00:42:13.000 Both.

00:42:14.200 Let's start with the stock market because as this is being recorded, the Dow is right at 26,000.

00:42:19.440 We had a terrible downturn in the fourth quarter of last year, the worst in, in decades, fourth

00:42:26.040 quarter, worst December, Christmas Eve, you know, people went to Christmas day and we just

00:42:31.480 had this massive downturn on a day that's supposed to be super quiet in the stock market. And then

00:42:36.280 in January, it's all just popped right back up and people are asleep. I think that we have

00:42:41.940 some rough economic times that are ahead.

00:42:44.740 Okay. Hang on. Um, I remember, um, one time that I was really frustrated or, uh, uh, a bad

00:42:58.060 son to God. Uh, I felt I needed to read about the money supply M1 M2 M3 money supply. And I

00:43:08.160 remember reading at three o'clock in the morning and having to reread it and then reread it again

00:43:11.220 and I was just like, I'm just not smart enough to get all this. And I remember being in bed

00:43:16.220 looking up as if I'm talking right directly to God and go, why am I reading this? I'm never

00:43:20.460 going to have to use this. Why am I reading this? Um, and it turns out I did need to read

00:43:27.520 that. Um, we have, we have pumped so much money into this system to bail it out. Right. Um,

00:43:38.360 and every expert is saying, well, there's no inflation. Yes, there is in the stock market.

00:43:46.360 Sure. It's going to go into financial assets. Absolutely. And by the way, the idea that there's

00:43:50.760 no inflation is ludicrous. We're still running, you know, two, 3% inflation. That's inflation.

00:43:56.360 Um, but it's, I think it was Hemingway who's, who talked about how you, how you would go bankrupt

00:44:03.200 very slowly at first and all of a sudden. Yes. And that's, I think, uh, the money that we put

00:44:09.280 in, there's only one solution for this nation with the debt that we have. Now we just passed

00:44:13.180 $22 trillion in federal debt and that's just federal debt. And that's just federal debt on

00:44:19.380 the books. Right. There's maybe another hundred trillion of promises that we've made. Social

00:44:24.240 security, Medicare, and all the unfunded liability is over $100 trillion. So in addition to, and

00:44:30.200 then there's corporate debt and then there's personal debt and then there's state government

00:44:33.780 debt and then there's municipalities debt. So when you add it all up together, it, it is

00:44:38.020 an astronomical amount relative to the entire economy of the entire planet. And I just mentioned

00:44:44.100 American debt. I didn't mention European debt. So what, what the response was to the financial

00:44:50.580 crisis. So things did not implode is they monetized a lot of that debt. So the federal reserve

00:44:56.840 was buying up our, our treasury bills, right? Uh, they've stopped doing that. And they're

00:45:03.560 talking about now winding that quantitative easing down that has an impact. The reason

00:45:09.940 the stock market was allowed to rebound is the fed chairman came out and said, well, we

00:45:13.900 may not do that all of a sudden. We may not, you know, maybe, maybe we don't have to raise

00:45:18.400 this rates as many times. So that gave peace to the market, but maybe they do have to, what

00:45:23.680 happens when the unwind happens in Europe, where they not only monetize the debt, but

00:45:29.000 they bought every piece of paper they possibly could to drive interest rates to negative interest

00:45:34.260 rates, which I know you've talked about negative interest rates where the borrower gets paid

00:45:39.120 to borrow money just to keep the economy moving. So there's a lot going on in the world. It's

00:45:45.800 mostly bad, but if we can clean up the regulations, which the Trump administration, if you give

00:45:51.840 credit to president Trump for anything, it is that he has said, I don't want any more regulations.

00:45:57.620 And we really haven't had any more. The agencies have really cut them. Uh, we've got a tax cut

00:46:04.360 that's out there, which a lot of people will say, well, maybe that's irresponsible to cut taxes when

00:46:08.060 you have this much debt, but it has produced economic growth. This nation with less regulation

00:46:14.580 can grow faster than 3% per year. We could grow 4%, 5%, 6% if we weren't the massive overreach of

00:46:22.940 government. So how do you get to the beautiful is you got to do the responsible thing. Stop racking

00:46:27.680 up more debt and start increasing your income. Just like any householder would do. I've got this debt

00:46:33.980 and it's more than I can handle. So I got to take on another job or I've got to earn more money at my

00:46:38.800 current job or I've got to find a better job and I've got to stop spending money. We, there is a

00:46:45.420 point of no return. I don't know where that is. I don't know if we passed it five years ago or if

00:46:50.700 we pass it five years from now, but we still have to do the responsible thing. And so there is hope

00:46:55.960 for the economy, but right now the economy is assuming everything is good. The stock market is

00:47:01.120 reflecting that we have unemployment. Uh, the, the fed chairman just came out and said, I've noticed

00:47:06.560 that we've not, um, we've not run up the inflation because there's people that can still come back

00:47:12.420 into the workforce. The assumption is, is that, well, unemployment 4%. If you have any more growth,

00:47:17.700 you'll have inflation. Well, no, the unemployment rate excludes all of those people that have gotten

00:47:23.280 discouraged and left the marketplace and they're now coming back in. And so we're not pushing the

00:47:29.700 wage inflation pressures. So there's hope and maybe there's time. Uh, but the economy right now,

00:47:36.080 we are assuming everything's good, assuming no recessions, assuming no hiccups. There will be

00:47:42.620 a hiccup. There will be another financial issue. I don't know when it happens, uh, but I think we

00:47:47.780 can go through it. John Malden, I don't know if you're familiar. John Malden talks about the great

00:47:52.660 reset. So we had him in the economic war room, talk about that. And, um, he says, yeah, when we get on

00:47:58.260 the other side of the great reset, it's going to be really good, but it's not going to be fun going

00:48:04.220 through. So that's kind of where I am. I don't know when the reset happens, when it does, it's

00:48:08.780 going to be a big struggle. And if we have free speech and if the government doesn't take over

00:48:13.120 everything, and these are very real risks, but if we can do things right and we fight properly,

00:48:18.460 it can be a good on the other side. Unless we enslave ourselves, that's the risk. And it's a real

00:48:27.300 risk. It's a real risk. I don't want to throw that out. It's a very genuine risk. I think with the

00:48:31.980 way socialism and the green new deal and all of this stuff is just being thrown out at a time when

00:48:38.620 we have four and a half percent in unemployment, um, 4%, 4% unemployment, we have generally people

00:48:49.120 feel pretty good about the economy. Um, we're talking about ending the system as we know it

00:48:58.980 and adopting socialism and social justice and, and politicians are now saying the end of capitalism

00:49:06.740 is over. What will we do when we're hungry? Well, the term new deal, green new deal was chosen for a

00:49:16.520 reason because as soon as the economy looked weak and we had problems in the 1930s, the new deal came

00:49:23.640 in. So the natural human tendency is going to be to adopt these principles. Hopefully, and I'm always

00:49:31.560 hopeful, ever optimistic. Hopefully, if we do enough education and get the word out, we can see this is a

00:49:38.180 failed system. It didn't help in Venezuela. They, they gave up their guns. What'd you say in 2012?

00:49:43.780 12. I guess the economy was pretty good then and things were okay then? And people don't,

00:49:49.560 you know, it's the normalcy bias. People don't expect, um, catastrophic change. The, the woman who

00:49:57.820 is writing, um, uh, surveillance capitalism, she said at the beginning of the book, she said,

00:50:04.080 uh, I started doing my research around 2003 on this and she said, uh, it wasn't until about 2009

00:50:13.040 that I really started thinking differently. And she, and it's because her house burned down and she

00:50:19.040 said she, the house caught on fire. And so she ran up the stairs, got everybody out. Then she ran up the

00:50:25.420 stairs and she closed all of the bedroom doors. So the smoke wouldn't be so strong in those rooms.

00:50:33.700 So she closes all the doors. Then she goes back downstairs and she's starting to take all of 1.00

00:50:38.100 her pictures out of the living room. When, uh, the fire chief comes in, grabs her, takes her out

00:50:45.700 as she's walking out on the lawn, the house explodes. Wow. And she said, after that experience,

00:50:54.160 she said, I realized what so many are struggling with. And that is, uh, we, we can see damage,

00:51:03.700 and we can see a problem. I could see my house burning down, but not to the ground, right? Not

00:51:11.600 to the ground. And I don't think people realize I had an economist on just recently, and I'd love to

00:51:19.020 get your opinion. I said, category one to category five, five, obviously being the worst. What's the

00:51:28.120 storm that's coming ashore? He said six. Hmm. What do you say?

00:51:38.140 I'm ever the optimist. I wouldn't go to six. Um, but 2008 was pretty bad and we band-aided it.

00:51:46.220 We didn't really solve the problem. So I could make a case. I grew up as a debater. You have to

00:51:53.580 take both sides of every issue in debate. I could make a case that six makes sense. Um, and

00:52:00.720 it, it's possible. I do see there's, there is a hope. I don't know if it'll work, but there is a

00:52:09.820 way out. There is a hope. Um, and I'm going to pursue that. What's the way out? The American 1.00

00:52:15.360 people, the goodness of the American people. We've got to educate. We've got to teach them to

00:52:20.240 weaponize their money. They don't want to see it. Uh, they're good people. How do you weaponize your

00:52:25.340 money? Well, there are three things you can do with your money. You can, you can, well, four things if

00:52:32.320 you want to, um, count saving and investing separate, but you can spend it, you can save it or invest it,

00:52:38.460 or you can give it. If we get the good people that understand what we're talking about

00:52:44.140 to weaponize their money to where their spending patterns are to support things that will enhance

00:52:50.440 America and not destroy America, or they will invest their money in ways, which by the way,

00:52:55.920 wall street's telling them to invest their money in ways that are entirely detrimental to the America

00:53:01.020 we know. In what way? Well, a perfect example, the largest initial public offering in history

00:53:07.140 is a company called Alibaba. And I heard Alibaba mentioned on CNBC yesterday as a China play.

00:53:14.560 And boy, if we get a trade agreement with China, it's going to be a great investment.

00:53:19.060 Alibaba is kind of the Amazon eBay together of China. When they offered that public offering,

00:53:29.320 they raised $25 billion of capital, mostly from the United States. Now they offered the IPO in New York

00:53:36.460 New York Stock Exchange because the Hong Kong Stock Exchange said, no, it's not a fair deal and we

00:53:42.720 won't offer it. It violates our rules on transparency and so forth. And here are the rules violations.

00:53:47.760 If you bought Alibaba shares when they were issued, you bought shares in a Cayman Islands

00:53:53.520 shell corporation that has a claim on Alibaba's earnings as long as Alibaba wants to allow that claim.

00:54:01.880 Oh my gosh. You have no shareholder rights. You can't vote. You can't have any control or anything

00:54:08.840 else, but you hope that they're going to share some of the money that they make with you. Now,

00:54:13.020 what did they do with the money? They turned around and went into Silicon Valley and started

00:54:17.060 buying the best of American technology with our money. But that's okay. We got shares in a Cayman

00:54:22.480 Islands corporation that might get some cashflow from Alibaba. It really is the worst, worst. It's

00:54:30.860 the opposite of weaponizing your money. It's handing them the weapon and the ammunition.

00:54:35.620 Wall Street loved it. It was the largest IPO in history and the big banks made a fortune off of it.

00:54:41.860 If we wake America up and realize, Hey, when you buy shares of stock in this company,

00:54:46.600 you're helping to destroy America. But these good companies, patriotic companies,

00:54:51.760 I mean, you've had, you have another way to weaponize it. You've got a sponsor that's come

00:54:55.520 on your program, Patriot Mobile. Those guys are friends of mine. You can hand your money to the

00:55:00.920 corporation, to the, to the big mobile phone company. That's going to support things you don't

00:55:05.300 believe in, or you can hand it to these guys that want to support things you do believe in.

00:55:08.920 That's weaponizing your money. Nobody has really gone out. We talk about giving to weaponize your

00:55:14.340 money. So you give to this candidate or that candidate, or you might give to, to, um,

00:55:18.240 first Liberty Institute, Kelly Shackleford helping defend religious liberty. So we weaponize our

00:55:23.760 giving a little bit, but we've never weaponized our investing and we rarely weaponize our spending.

00:55:29.420 So we need to train people to do that. America, the wealth of America is still in the individual

00:55:34.980 hands. So do you invest in Google? I might have Google. Yeah, I might, but I shouldn't.

00:55:44.340 You look at these and you say, where's my alternative? Yeah. And if there's no alternative,

00:55:52.600 maybe we need to start one. If we would weaponize our capital, then entrepreneurs would have the 0.99

00:55:56.980 ability to compete. But you know, um, conservatives don't, they don't, uh, you know, you go and look at

00:56:07.080 the liberals and you see how much money they pour into things. Um, and they just, they pour it in and

00:56:18.180 they, they don't care. It's almost like they just don't care. Um, conservatives rightfully so demand

00:56:25.560 results, demand results. And because, because of that, um, a lot of things just don't ever get funded.

00:56:37.060 That might have a chance, might not have a chance. To prove your point, the young Turks, 1.00

00:56:41.660 there are a lot of people with the young Turks that just send in donations because they believe

00:56:45.820 in the costs. Yes. And, and fund and support that way. And that's Katzenberg.

00:56:50.600 One of the ways we can combat that though. Another friend of mine is Ken Eldred and Ken Eldred

00:56:55.880 wrote a book, God at Work. And Ken, a great man behind United in Purpose was heavily involved in,

00:57:02.680 and he says, you know, I don't like the idea of nonprofits because everybody has to make a profit

00:57:07.540 or they don't exist. We just define it. That's a, that's an IRS term, not, not a real term,

00:57:13.720 but we should get people on the left. They'll do this. They'll buy ads on a blog that has five

00:57:21.380 readers on the blog and they'll buy ads on that blog and support them. And so the guy can live very

00:57:28.240 well writing leftist garbage on the right. And it's like, well, when do I get a return on my 0.96

00:57:34.000 money? Exactly right. So we need to alter the circumstances so that we can do the right thing

00:57:41.320 and produce results because capitalism works better. In the end, our system is better. We just need

00:57:48.660 to find a way to weaponize the people and wait people up to it. So, so I, you know, Starbucks is a

00:57:53.460 good example. I'll stop at a Starbucks. If I'm driving on the highway, it's, it's 11 at night and

00:57:58.360 I need to stay awake and keep my kids alive and I've got to get somewhere. I'll stop and get, uh,

00:58:03.420 get some coffee there if that's all the, all the options that I have. But when I find other options,

00:58:07.720 I want to go there. I've begun to weaponize my capital. We need to do it more.

00:58:13.380 We've talked about this off air and I've said this for a very long time. I mean, I've been a fan of

00:58:18.100 yours for years and years. And, um, you know, we, we talked about bringing economic war room to the

00:58:25.540 blaze originally. And at that time was not a time for me to launch new shows. Um, and, uh, I got to

00:58:35.100 get my crap together because quite honestly, when we started the blaze, we needed to raise $50 million. 0.66

00:58:40.640 We raised eight. We survived on eight. And I see these companies now that have vice $500 million 0.99

00:58:52.140 gone, just blew through it. We did it on eight and it was trying to get nine was impossible. Eight.

00:59:02.420 Um, and at the time the idea was, look, they're going to pick us off one by one. If we don't

00:59:12.820 start standing together, we don't have to agree with each other, but we do have to hang together.

00:59:17.640 As Franklin said, or we'll hang separately. And I think that time is, is coming.

00:59:23.760 Yeah. We'd have the federalist paper type are a federalist and anti-federalists,

00:59:27.760 but we're all Liberty lovers. Yes. Right. And we'll stand together till the constitution's in

00:59:33.000 place. And then, right. Okay. And, and we're just, we're going to get picked off. And I still

00:59:39.480 talk to, there were two people that have been banned by PayPal, uh, and Facebook this week,

00:59:45.900 conservative voices, just ban. There's two more. There's two more. Nobody says you don't even

00:59:51.060 notice it. No outcry anymore. Okay. It's coming. And I still can't get conservative.

00:59:57.760 To wake up. Still can't get the conservatives who read it every day, who know it's happening.

01:00:04.160 And they still say, well, I don't know. I mean, what's in it for us. If we're going to come

01:00:08.960 together, look, keep your money. We don't need your money. Just start coming together.

01:00:14.600 But the money is actually the key. It is. It's a key because the Bible says, Matthew six,

01:00:20.040 Jesus said, where your treasure is there, your heart will be also. And here's the reality. I'm in

01:00:25.900 the financial business. I've been in the treasure room of hundreds of people and I know where their

01:00:32.180 heart is and I can talk to it. I'll give you an example. Uh, I met a guy to book signing. I signed

01:00:37.060 a book for him as an ER doctor. He was driving through the area. He got my number. He called

01:00:41.560 me and says, can we meet? We met at a local coffee shop, sat down and he laid out all of

01:00:46.720 his portfolio. And he said, I'm really scared. What happens if this happens? What do I do with

01:00:52.100 my money? And I said, you're really frightened. And he said, yes. I said, have you shared this

01:00:56.120 with your pastor? He said, it's none of his business. No, you know, because his heart was

01:01:01.280 there with the treasure. It's a good man, but his heart was there with the treasure and he

01:01:05.560 wouldn't open up to his pastor, but he opened to his financial advisor. So that's part of

01:01:09.760 our solution is we're going to teach people to weaponize their money by training financial

01:01:14.100 advisors. There's something in it for the financial advisor. There's a whole group of people

01:01:17.980 who have no idea. Do I buy Bitcoin? Do I buy gold? Do I buy what? And they walk into the

01:01:23.360 average financial advisor says, put it in the stock market, buy the S and P 500, leave

01:01:28.120 it alone. It'll be fine. It always comes back. Well, that may have been true in the past,

01:01:32.620 but it likely will not be true. Past performance does not guarantee future results. Correct.

01:01:37.380 Likely will not be true in the future because everything is going to change. And everything

01:01:44.280 people intuitively know that at least a lot of people do. And they're looking for a financial

01:01:49.340 advisor who understands a little bit of this more than them and can help them navigate these

01:01:54.460 waters. If we train them and then we tell them your cost of admission is to weaponize that capital

01:02:01.680 to save America. And we could build a movement through, you know, right now we have politicized

01:02:06.860 the teachers and the education movement. We've politicized the media and we've lost all of these

01:02:11.500 grounds. Andrew Ross Sorkin says the way to control America is through the financial system

01:02:16.980 and they own wall street, but they don't own the individual investor. If we can weaponize the

01:02:23.160 individual investors money to save America and not to destroy America, we can make a difference.

01:02:28.840 I don't know if we can pull it off, but I'm going to give my life to trying to do that.

01:02:41.500 Where, I mean, I think I'm like the average investor, maybe not. I am really risk averse. I'm not in my

01:02:55.980 career. It's crazy. I'm just, I'll go anywhere. Um, in my, in my money, I just, I, I, you know,

01:03:06.120 I played blackjack for one hand in Vegas and I said, hit me. He took my $5 and I looked at him

01:03:12.020 and said, that wasn't $5 worth of fun. And that's the last time I've ever played. I don't like

01:03:16.660 gambling. I just don't. Um, uh, where do you, where do you put it? Where is going to be a safe

01:03:25.640 shelter? Kevin? Well, if you start with the idea that the stock market is not a market, but it's a

01:03:31.540 market of stocks and you realize that in this massive S and P 500, there's 500 different companies

01:03:38.460 that are doing different things. If you can define which ones you feel like have an opportunity to

01:03:45.200 benefit. I mean, you're a very smart man. You've think about the future. There are companies that

01:03:49.800 will prosper in that future. Hopefully it's not Facebook and Google and hopefully it's, it's,

01:03:55.540 or Facebook and Google decide to be free speech companies, which would be even better,

01:04:00.000 but even on 5g, you know, and I don't take any advice from this. I'm just saying it off the top

01:04:05.340 of my head. Like there will be people like Corning. There will be other companies that make a fortune

01:04:10.900 off of 5g, right? So you don't have to go to, you know, so you look into the future and you, 0.92

01:04:16.580 and you evaluate that. And then what you need is you need a good investment advisor because your

01:04:20.420 personal situation is different from mine, different from the next guy. The reason we can't,

01:04:24.980 no one should offer personalized investment advice. We can't legally on, on television

01:04:30.740 and podcasts or whatever is because none of us have any idea who the listener is and what their

01:04:35.760 situation is. The 92 year old grandma is different from the, from the 16 year old capitalist trying to

01:04:41.460 learn to invest. Who's different from the 34 year old. That's got two kids. They're all different

01:04:45.800 situations that requires an advisor. If we can somehow combine an awareness of where things are headed and

01:04:52.800 awareness of what we ought to be doing to weaponize our money in an advisor who then will meet with an

01:04:58.640 individual client, get to know their needs, wants, desires, and so forth and match that up. That's how

01:05:05.100 you weaponize 10,000 advisors would weapon weaponize a trillion dollars of capital. China has about a

01:05:13.200 trillion dollars of U S treasury bonds. And you see the influence that they have around the world with

01:05:17.480 that. If we could weaponize a trillion dollars of American capital, we could change the world

01:05:22.780 and 10,000 advisors. I know him. I've worked with him my entire career. I know who they are,

01:05:28.880 where they go. My father is a stockbroker, Morgan Stanley for years. He's in that average,

01:05:34.320 you know, he's 83 years old. He's in that average of client. You weaponize 10,000 of those guys that

01:05:40.380 want to save America. And we have done, you know, the NEA has the big sway. Nobody has reached the

01:05:46.500 average financial advisor and we can do that. Tell me about, um, what keeps you up at night as

01:05:58.200 the domino that starts this thing to collapse? Well, first off, I don't generally stay up at night.

01:06:05.920 I sleep really well because I trust God. I believe in him. And I know at some point there's going to be

01:06:11.400 a mark of the beast and it might be, it might be Google that has that. I don't know what it's

01:06:16.400 going to be. So I just figured God's got it in his hands. But what keeps me up at night is,

01:06:20.540 am I doing everything I possibly can do to serve God in this unique time? I don't want to be the

01:06:27.040 one who shies away. But what domino starts it off is it's going to be debt. It's going to be some,

01:06:32.780 some debt failure somewhere. It could start in Italy. The Italian banks have problems. It could

01:06:38.640 start in a separation between China and the United States where, you know, they dump our treasury bonds.

01:06:44.680 It could start in an, a start with breakfast, Brexit. It could, it could start with an AI program

01:06:49.980 that decides to take the stock market down. I mean, you talked about market terminator. We did

01:06:54.320 a segment on market terminator, artificial intelligence, 80, 90% of the trades on the

01:06:59.220 New York stock exchange are done. And, and when the stock market collapses, it can trigger a great

01:07:04.220 depression. It did in the 1920s. So Daniel Dean Martino Booth, do you know who she is? Okay. So she said to me

01:07:13.780 about a year ago, she said, I'm watching auto loans. She said, because auto loans are gigantic,

01:07:21.120 bigger than they've ever been before. Um, people are way underwater. They did exactly in the auto

01:07:28.100 industry, uh, what we did to houses, you know, in 2006 and seven subprime all over the place, all over

01:07:34.620 the place. She said, it's just, that's going to trip. And that'll be the first domino. Then you'll have

01:07:40.700 the student loan and then you'll have the cities and it'll just all come undone. Does that sound

01:07:46.820 reasonable to you? It could happen. Sure. It's, it's one of those triggers. I have no idea what

01:07:51.360 the trigger is going to be, but that could happen. It could happen with the student loans or it could

01:07:56.080 happen with auto loans, but it's going to probably be tied to debt or it's going to be a direct

01:08:01.380 financial attack. Could be the worst case. You've, we've talked about it. I just had Jim Woolsey and

01:08:09.260 Lieutenant General Quast and, uh, David Stuckenberg, major Stuckenberg talk about EMPs. It could be that.

01:08:16.000 And, you know, we just wake up that day and it's all gone. Do you, do you believe they need an EMP

01:08:21.920 now? I mean, if you have, if you can hack into the power grid, you don't have to have an EMP,

01:08:27.200 but North Korea could do it. Might, you know, there are satellites that go over our country

01:08:32.700 every day. There are North Korean satellites that could have a very low grade nuclear device in them

01:08:37.940 and they can black out the power grid and we have not done what we need to do, but we're working on

01:08:42.840 it. I was in cyber secure San Antonio, had a big meeting. The Lieutenant General Quast is in charge of

01:08:49.860 all air force training and they do it down in San Antonio at joint military base. It's like five

01:08:56.720 bases in one, you know, and, and he is actually working with the local authorities and the local

01:09:03.540 power company to cyber secure EMP secure San Antonio because the military bases all depend on

01:09:11.940 our civilian electric grid. So if they can secure that, then people will start wanting to open a

01:09:17.720 business in San Antonio and their Senator Bob Hall is legislation in the Texas legislature right

01:09:24.680 now that would reward companies that become more resilient against an EMP. So if we do those kinds

01:09:32.740 of things, then Texas itself will be attractive and people want to move here for that reason.

01:09:36.660 And then other States will begin to adopt it. It's not really that expensive. And then we will never

01:09:42.180 have an EMP because if we can bounce back, no one would risk it. If we're have the ability to stand

01:09:48.400 up as a nation after an EMP, nobody's going to attack us that way. Did Texas get its gold back?

01:09:54.220 You know, that's a good question. I know we've built a repatriation bill, right? And we built

01:09:58.940 Giovanni and Cabrillo on the state. He's my state rep. Yeah. Yeah. He's got that bill. There's another

01:10:05.220 bill in this, but I don't think we got her. I don't know. I know we built, didn't we build this

01:10:09.360 gigantic vault? We got permission to build the vault and they were working with the Texas

01:10:14.460 comptroller. And my dream on that, which I think is, is my dream is that you take the gold that

01:10:20.720 we get back and we say, everybody's welcome to deposit in our Texas vault. We're going to back

01:10:26.740 it with blockchain technology to validate that it's there. And you carry a little card. That's the

01:10:32.740 Texan card. If you want to go into Walmart and shop with it, it will convert your gold into the

01:10:38.300 currency that they want to accept. And you just buy goods and services and you just have your

01:10:42.520 deposit, buy gold and stick it right. We could do that. It's constitutional currency, right? Because

01:10:48.260 it's gold and silver coins. It would be Bitcoin, electronic coins, but it's backed by the constitution.

01:10:54.180 That would be the soundest money possible because you have, I think Milton Friedman said,

01:11:00.320 the U.S. dollar is a fiction, but it's got the strength of being backed by a government.

01:11:05.340 Gold has an intrinsic value, but it's not backed by a government. This would be the best of both of

01:11:12.060 those worlds using blockchain. China and Russia special ops just announced that they are going

01:11:19.260 to start focusing on China and Russia. Right. Over terrorism. Right. That is shocking after 20 years

01:11:28.660 of being terror, terror, terror, terror, terror. Tell me what that you think that means. What is that?

01:11:35.340 I think it's an awareness that the existential threats are real from Russia and China. 0.96

01:11:40.380 I remember I went into the Pentagon. I worked with the office in that assessment. I worked with the

01:11:44.680 defense intelligence agency. I worked with multiple branches inside the Pentagon. And I told them that

01:11:50.800 we're in a global economic war and it's serious and it's existential. And the issue there was,

01:11:57.580 we were worried about IEDs. Almost all the money was focused on IEDs and protecting our soldiers and

01:12:05.620 the risks there. And I said, those things are a problem and they're real and you should deal with

01:12:10.920 them. But if you don't pay attention to the global financial system, if you don't pay attention to some

01:12:16.420 of these other threats, including EMP, that none of that is going to matter. And I think that that

01:12:23.000 thinking has gotten through to enough people that they say we're going to have to begin to shift

01:12:28.080 to an awareness. We are in, as you've said it, I actually wrote on blaze, an editorial article on

01:12:35.400 blaze several years ago, world war three has started. You just said it started and it's ones and zeros.

01:12:41.360 I think there's that recognition that we have an existential threat from avowed enemies and there are

01:12:47.400 solutions for that too. Um, I think about all of these things and how do I solve that problem?

01:12:52.920 This problem, this problem, there are solutions for that too, but it's a recognition by the Pentagon

01:12:56.740 that we're in world war three and that if we are solely focused on stopping terrorism with our

01:13:03.060 Pentagon, then we're missing the bigger threat. Yet we have missed the threat, uh, of the Islamists. 0.98

01:13:13.880 I mean, I think Congress is, is, is, is you've got a couple of very concerning people even in Congress

01:13:22.840 right now. You have, you have the democratic party around, um, you know, some nefarious people and

01:13:29.620 they don't seem to reject, uh, Louis Farrakhan or, or his ilk. Um, you have the, um, a one, uh,

01:13:40.140 brothers, right. Which no one even knows about. No one knows about, we did specials on it. I know

01:13:46.540 you have. And what happened to that? What happened? Explain that story for people who don't know.

01:13:53.160 Well, the, uh, on one brothers, essentially the Republican leadership decided that they didn't

01:13:58.460 want to get into it. And so they, why on the wrist, that's a fair question that Congressman

01:14:04.220 Gohmert can't answer. Uh, suspicion is that they dug up dirt on the Republican leadership. They had

01:14:11.760 access to the innards of congressional servers. They had emails, they had all this. So they dug

01:14:17.740 up dirt. I mean, it was a perfect scandal. It was foreign interference in our Congress. 1.00

01:14:22.820 It's something you would think the Republicans would have made a huge deal out of while the

01:14:27.260 Democrats are talking about Russian interference. I think it got covered up because of the corruption,

01:14:31.920 the deep state, uh, in Washington. This is Debbie Wasserman Schultz. She hires this, uh,

01:14:37.260 one guy, uh, last name at one run or one. Yep. And he hired his friends and he hired his brother.

01:14:44.240 Yes. Mom. Yes. And they had all kinds of shady dealings like car dealerships. And he was the guy

01:14:51.200 who was running the it for Debbie Wasserman Schultz. And then all of a sudden all the Democrats start to,

01:14:59.260 to do it. Um, and she, did she ever turn on him? Debbie Wasserman Schultz? No, she didn't.

01:15:06.840 And not only that, but you've got him controlling. She was the chairman of the Democratic Party at the

01:15:12.200 time. And that's when the Democrat emails got leaked out. The hacking of the DNC happened right

01:15:19.080 there. And the best forensic experts say that it wasn't an external hacking. They say that it was

01:15:25.820 somebody putting in a thumb drive and downloading information because the speed at which the data

01:15:31.340 transferred, you can see the data transfer speeds on the logs. The speed at which it transferred was

01:15:37.520 too fast for someone. Even the fastest hacker in the world could not have gotten that data out

01:15:43.720 across lines. It had to be someone local. And he was running, he had her password and he had her iPads

01:15:50.740 and he had access to her computers and he was running all kinds of other things where they were

01:15:55.060 buying iPads for $499 and they didn't have to be reported. There was all kinds of dirty stuff going

01:16:01.340 on. Luke Rosiak has done an incredible job of researching this and it's been covered up.

01:16:07.200 So how do we get to the truth? Well, you said about the Islamic threat being real. It's more of a 1.00

01:16:29.960 domestic threat than it is potentially an international threat at this point. The Muslim 1.00

01:16:33.940 Brotherhood, for example, has been defined as a terror group by Saudi Arabia, by Egypt. I was in

01:16:41.120 Egypt. I met with the Egyptian. They wanted to understand financial terrorism. So they brought 0.77

01:16:45.420 me over, treated me great and had a great time in Cairo, got to see the pyramids and all those sorts of

01:16:50.520 things. They treated me great. And they hate the Muslim Brotherhood for obvious reasons. Yes.

01:16:56.380 But we have not designated them a terror group. So that's a domestic problem. And that is a domestic

01:17:03.600 which is why the military probably is not going to focus on it as much because we actually have

01:17:08.140 that terror threat here from homegrown or people elected to Congress or whatever greater than we do

01:17:15.600 from. You have people who have ignored this problem, enabled this, this problem, made excuses for this

01:17:25.060 problem. And now we're sitting here. Those are the same people who are pushing down everybody's

01:17:35.400 throats, social justice and socialism. So let's go to socialism here for just a second.

01:17:43.180 Kevin, you know me. I have been saying for almost 20 years, there's going to come a time when you don't

01:17:49.520 recognize the country. There's going to come a time where everything you thought was solid,

01:17:54.720 you thought you knew, you thought we agreed on, will be upside down. Liquid will be solid and solid

01:18:00.760 will be liquid. We passed that about three years ago. Now we're hearing people actually talk about

01:18:08.020 the end of capitalism, the end of the free market system, the end of freedom. And people are saying,

01:18:14.640 gee, that sounds neat. What does socialism really mean? Because people are convinced that it's

01:18:22.900 Sweden. No, in Sweden, actually, I think I saw it on a blazer article that came out. The former head

01:18:29.260 of Sweden said, that's not us. He basically dissed the whole, whole concept. He attacked Sanders on it.

01:18:38.040 Socialism is controlled by an elite over, over the masses. That's what it is. And,

01:18:44.200 and are we headed that way? Well, young people are buying in. I want the free college. I want the

01:18:48.920 free healthcare. I want to be fair. But inside it are the seeds of its own demise. It never lasts.

01:18:56.100 And right now, when you see the whole idea of fairness is what's being driven. And you see the

01:19:02.220 top two NCAA athletes in women's cross country or whatever, women runners are transgender. They're 1.00

01:19:10.520 male bodies. And I heard you talking about that this morning. People say, wait, that's not fair.

01:19:16.500 And so inside the socialism is never fair. No. And when people recognize that the idea of socialism

01:19:24.420 means that they're going to take what you've worked hard to get and give it to somebody who's not

01:19:29.520 working or doesn't want to work, which was in the Green New Deal, people say, wait, that's not fair.

01:19:34.400 And I think that the fairness is actually fair opportunity, equal opportunity. And that's,

01:19:40.380 and that's what we're going to have to push. It's everything that Martin Luther King said in his,

01:19:45.560 I've got a dream speech of, you know, I just don't judge me by my skin, judge me by the content of my

01:19:54.260 character. That's what capitalism is supposed to do. It looks for merit. And the system without

01:20:00.420 anybody steering it awards merit, because you say as a consumer, they, they're making something I

01:20:08.120 like, and I, I want to invest in them because I believe in what they're doing and people are buying

01:20:14.320 it because it helps them make their life better and no one's running it. So it is, it's an equal

01:20:20.780 playing ground, come up with a better mousetrap and people will beat a path to the door.

01:20:25.980 And that is weaponizing your capital. That's what we want to, we want to essentially turn people

01:20:31.560 back into capitalists that they're going to make investments that will be colorblind, that will not

01:20:36.280 be playing the identity politics that will be actually successful. And I think that if we educate

01:20:42.820 people, weaponize capital, get the free speech things, if we do the right thing, I mean, frankly,

01:20:48.660 you know, on the international side, the president ought to be appealing to Putin and saying,

01:20:52.760 hey, look, China is going to eat you. Russia will not last. Nixon went to China and broke China off

01:20:59.600 from Russia, from the Soviet Union. If Trump's smart, he'll go to Russia and break them off of,

01:21:05.320 off of China because Russia has a, has a brilliant, beautiful future ahead, but not if China dominates 0.58

01:21:13.060 this planet. China 2025. That's their plan. World dominance by 2025. And Russia will be a vassal state. 0.97

01:21:20.860 It sure will. And right now we, we ought to be game changing and all. So I'm thinking through all

01:21:27.900 of these different solutions to these problems. You've identified the problems accurately and we

01:21:32.920 may not be successful, but we got to try. And that's what I'm doing. It's so good to talk to you.

01:21:40.100 If you haven't seen the economic war room, you should. Um, it's on the blaze television network and, uh,

01:21:49.200 and we invite you to become a subscriber and I hope we see a lot more, uh, of you, Kevin. Thank you.

01:21:56.700 Thank you, Glenn.

01:22:04.240 Just a reminder, I'd love you to rate and subscribe to the podcast and pass this on to a friend so it

01:22:10.200 can be discovered by other people.

The Glenn Beck Program - April 27, 2019

Ep 34 ｜ Kevin Freeman ｜ The Glenn Beck Podcast

Episode Stats

Summary

Transcript