00:00:34.000A b-b-billion with a B. Wall Street firms, 5,000, set to lose a combined 70 billion dollars off of their failing short positions.
00:00:46.000You see, these companies thought that they could bet against a lot of these other companies, these retail shops.
00:00:51.000And then, a bunch of bored people on the internet said, I don't know, I got nothing else to do, let's blow up some hedge funds.
00:00:59.000Now, of course, they're trying everything in their power to cheat the system, to rig the system.
00:01:03.000Robinhood and a bunch of other apps have suspended the trading of certain stocks, not just GameStop, not just AMC, and they made it personal.
00:01:12.000I bought some Nokia, full disclosure, because I like the brand.
00:01:15.000I think it's a funny meme about, you know, them being indestructible, and I thought it was...
00:01:21.000It was a cheap stock, and I'm like, yeah, sure, I'll buy some of this.
00:01:23.000I'm not gonna buy the big, you know, the rally, whatever.
00:01:35.000Well, now we got word that there's gonna be some congressional hearings.
00:01:39.000I mean, this is getting really, really big.
00:01:41.000We've got this... There's a viral post right now where someone claiming to be an insider may not be real at all, but we will talk about it.
00:01:49.000There's a lot more stories, but a lot of it really has to do with what's going on with this GameStop stuff, because there's some physical protests happening.
00:03:01.000I don't know what they're doing with Dogecoin.
00:03:02.000Like they're moving all that Robinhood money into Doge.
00:03:05.000Well, there's a lot of talk about moving away from the stock market, going to alternatives, especially with the dollar, with silver, with gold, with cryptocurrency.
00:03:12.000So there's a lot of wild talk happening right now all over the internet.
00:03:15.000I think we're in very exciting times, but also in a time where we're seeing that You know, the markets are being just absolutely manipulated for the benefit of the special interests, for the special class that live under a different set of rules than everyone else.
00:03:28.000The stock market is now officially a socialist organization.
00:03:32.000Meanwhile, you know, things like the blockchain are the actual capitalistic institutions that are actually somewhat freer and a lot more decentralized than, of course, the centralized big brother, big oligarch controlled interests that, of course, we have.
00:03:48.000We're gonna talk about Dogecoin, I guess.
00:03:55.000I love that Elon Musk tweeted about it.
00:03:57.000Honestly, I love anytime Elon does that.
00:03:59.000I feel like it's like a little like a little pump up for the plebs.
00:04:02.000I feel like he's trying to give it to like the little guy.
00:04:04.000You know, I'm a pleb, by the way, and I always keep it real with people like I'm a pleb, but I just love that Elon's always trying to help out the players by, like, boosting stuff.
00:04:11.000But I believe Lex Freeman tweeted out today, the internet always wins.
00:06:01.000They're really great, and I'll tell you a few things about them.
00:06:04.000First and foremost, Virtual Shield is compatible with all devices and allows you to browse the web safely, securely, and anonymously using their global network of servers and private IPs.
00:06:14.000It lets you browse the web completely anonymously, so the big name internet service providers and other third parties will not be able to monitor and sell your internet activity and browsing history.
00:06:24.000When using their VPN service, your traffic is routed through secure and encrypted servers.
00:06:29.000It means that any restrictions, censorship, blocks on your internet are bypassed.
00:06:34.000You can enjoy browsing on a fast, reliable, secure, and always available network, and it is free for the first 30 days.
00:06:40.000It works on Mac, Windows, iPhone, iPad, Android, and Chrome, and it does all the work for you.
00:06:45.000Your entire connection becomes secure, private, and encrypted.
00:07:46.000And so, we'll try and talk about as much as we can, but I'm not trying to be... You know, a lot of people say, oh, Tim, you're a coward, and you just gotta say it.
00:07:55.000I've thought a lot about what we can and can't talk about and how we talk about it, but should I sacrifice talking about 99% of things for 1% of things?
00:08:07.000So we can tell you, we are going to go hard on the subject of human trafficking and a lot of what's going on in a way that YouTube won't allow, and we'll do it on the website.
00:08:17.000It also helps to make sure that in the event we eventually do get banned or suspended or whatever happens, because the purge is here, Your membership helps us keep working and making sure that that, you know, that flow of information remains.
00:08:28.000That being said, thank you all so much.
00:08:30.000Smash the like button, hit the subscribe button, the notification bell, and we'll jump into that first story.
00:08:35.000Let me give a shout out to Sour Patch Liz real quick because I don't think we gave her a proper intro today.
00:08:45.000And I wanted to add to the metaphor about the VPN.
00:08:48.000Ben mentioned that it's actually also like tinting your windows because you may lock your door and your windows like having a firewall, but people can still see inside if you're not using the VPN.
00:10:38.000So Wall Street bets are like, we make money, we tell people, hey, we're gonna buy this, the price goes up, and then they gamble, right?
00:10:44.000But then some real angry people saw it.
00:10:46.000Populists on the left and the right saw what was happening and thought, I like the results of this.
00:10:52.000And now, before it was just these Wall Street bets, bored young people with stimulus checks, now you've got a bunch of righteous indignation, I suppose.
00:11:02.000People who don't know what stocks are, don't know how trading works, aren't on Robinhood, aren't on any of these apps, and they're like, I'm in, and they throw their money at it.
00:11:10.000So what's happening now is, I mentioned this in the intro, These Wall Street firms, their exposure is nearly infinite.
00:11:17.000The shorts can keep climbing as the value keeps growing.
00:11:20.000But for most of these people that are thrown in a couple bucks or thrown in a couple hundred bucks, their risk is literally just that money.
00:11:26.000If I buy a stock for ten bucks and the stock hits zero, I lost ten bucks.
00:12:51.000And I thought to myself, it's interesting because a lot of people think the elections have always been rigged, at least for a long time.
00:12:57.000And then when they discovered that Trump won, they weren't, or maybe whatever, but the idea was like, wow, you could actually vote and it works, right?
00:13:05.000I thought to myself, if that conspiracy is true, that the elections have always been rigged and there's a uniparty that controls everything, this current generation of establishment political elites are the worst.
00:13:17.000It's almost like, you know, like you have a kid and the kid's just really bad at everything.
00:13:22.000You know, you're the best skateboarder in the world.
00:13:23.000You have a kid and your kid just sucks at it.
00:13:25.000This new generation of establishment elites are just too dumb to maintain the stranglehold over the people that's been enjoyed for some time.
00:13:32.000I'm saying, assuming that conspiracy would be true.
00:14:09.000Only buying, only buying, which means you can sell it to the fat cats.
00:14:12.000So the price can go down, but you can't buy it back.
00:14:14.000Yeah, for full disclosure, just for the lows, I bought AMC, I bought Bed Bath & Beyond and Nokia, all of them going down, and you can't buy more, you can only sell it.
00:14:24.000Which means the price can only go down, at least on these apps.
00:14:27.000You've got to go to other platforms if you want to try and buy it.
00:14:29.000So this is like the establishment bankrupting these companies.
00:14:33.000You know, these companies are losing people investing into them because, again, a special billionaire circle of individuals that are connected to Citadel, that are connected to all these larger companies.
00:14:45.000Again, also full transparency of what I just invested in.
00:15:15.000But I think that one thing that's amazing about it is that folks are probably understanding that They can even if you don't have much you could still do something amazing and great and start to take back some of the power.
00:15:28.000I don't think people really realize if they harness that energy what they can really do with it.
00:15:33.000And so I think that this is just a slight taste of what like The Plebs.
00:15:37.000See, this is like Return of the Plebs.
00:17:16.000As a brokerage firm, we have many financial requirements including SEC net capital obligations and clearinghouse deposits.
00:17:22.000Some of these requirements fluctuate based on volatility in the markets and can be substantial in the current environment.
00:17:28.000These requirements exist to protect investors and the markets, and we take our responsibilities to comply with them seriously, including through the measures we have taken today.
00:17:38.000To be clear, this decision was not made on the direction of any market maker.
00:17:42.000We route to other market participants.
00:19:32.000They took the dice and they rammed it up where the sun doesn't shine.
00:19:36.000And they're telling you go do a little happy dance with your little dice inside of you and good luck getting anything in there.
00:19:41.000But also the most other surprising aspect for a lot of people, it isn't for us because we cover this, we know the game is right for a while and you bring up some good points here, is the reaction from big tech and the mainstream media.
00:19:52.000According to Reuters, Facebook has taken down the popular Wall Street discussion group, Robinhood Stock Traders, and also another group.
00:21:59.000But you brought up a good point because if you think someone's giving a 45-minute speech for $810,000 for wisdom, you're absolutely idiotic and stupid when you're paying someone that large sum of money.
00:22:17.000She got $7.2 million from Wall Street firms within two years for speeches.
00:22:22.000When you're giving her that much money, you're not buying wisdom, you're buying uh influence you're buying someone that's going to be that's going to be doing your bidding and that's exactly what we're seeing with this larger inaction here why didn't you just start a non-profit that they could donate to yeah you know that's that's that's the way you get away with it they i can't i love it when you know hillary clinton went around doing speeches for goldman sachs just before she announced he was going to run for president you you had a bunch of journalists even saying
00:22:50.000Oh, Hillary Clinton hasn't announced yet, but she just gave a $200,000 45-minute speech.
00:22:55.000That's their donation to her campaign.
00:25:27.000So, well, I think this is the beginning.
00:25:31.000The Wall Street vets and now all of the angry people have found the, you know, fusion reactor weak point of the Wall Street Death Star.
00:25:41.000Now they can try and rebuild, you know, so just to get more literal.
00:25:46.000They can block the selling of these stocks.
00:25:48.000And I'm sitting here laughing like, bro, we know what stocks your funds are shorting.
00:25:53.000There's websites just showing you where it's happening.
00:25:56.000So if you ban GameStop, and you ban AMC, and Nokia, and Bed Bath & Beyond, and American Airlines, whatever, keep doing it!
00:26:02.000Eventually you're gonna have to ban the sale of every single stock, because then all that's gonna happen is some dude's gonna be like, hey guys, they banned all the stocks.
00:26:11.000Well, weeks ago I've been telling people there's going to be a new Occupy Wall Street movement coming.
00:26:55.000And most of the people are watching their stock be absolutely obliterated and destroyed, all for the personal benefits of a few hedge fund managers who want to make sure that they have the prettiest, biggest yacht in Martha's Vineyard next to Barack Obama's big property plot land that, of course, gives also a ton of Wall Street speeches, like all these other politicians that have a revolving door amongst Wall Street, amongst, of course, all politicians who just don't give a damn about us and essentially just serve them.
00:27:25.000I feel like we're voted with our votes and a lot of people feel disenfranchised by that system because of Hillary Clinton's email scandal that seems to, you know, undermine Bernie and then the Donald Trump fiasco.
00:27:34.000All these people are like, we're their voter fraud.
00:27:37.000And now they voted with their dollar and now we're being told we can't even do that.
00:28:25.000Look, these hedge funds are going to do everything in their power to try and shut this down.
00:28:28.000So they're already trying to get all these people to either buy silver or Bitcoin or other things.
00:28:32.000And if that happens, then interest moves away from targeting the hedge funds and the hedge funds... The crypto market is up 11% in the last 24 hours.
00:28:40.000Could be coincidence because it fluctuates like that, but it's gone from, I don't know, $900 billion to $1 trillion.
00:28:46.000Yeah, I'm hearing that a lot of whales are moving their stable coins into the exchanges now.
00:28:52.000So that's some of the scuttlebutt going around as well.
00:29:05.000We got a post here from Gavin Mario Wax, who says, the New York Young Republicans Club
00:29:11.000will be staging a protest in Zuccotti Park to reoccupy Wall Street.
00:29:16.000We are sick and tired of bailing out the fat cats and hedge funds for their own mistakes, while they stomp on the little guy for trying to make a buck.
00:31:10.000My thing is like, you know, pure capitalism, like, like capitalism in its pure form is supposed to be that people freely trade with each other.
00:32:02.000So my point is though, what we're seeing now is not capitalism in its pure form.
00:32:06.000We're seeing people lie on TV and get their buddies to lie so they can steal money from people.
00:32:11.000Now you have a bunch of people who have gotten rich, who've contributed absolutely nothing.
00:32:16.000But I even put the line past day traders, like there are people who trade and make money off trading, assuming risk, but then making money not producing a whole lot.
00:32:24.000But I'm not even complaining about that.
00:32:25.000I'm complaining about these companies, these firms and these funds that rig the system and manipulate to cheat, and they get away with it every single time.
00:32:50.000If there's no supply, they can't buy, they can't pay back their, you know, the lenders for the shorts, and they're gonna burn, essentially.
00:32:57.000You know, I think, the point I was making earlier, we saw that the game, you know, that they were cheating, but we still thought that we could get past that, you know what I mean?
00:33:08.000And we have individuals like Ted Cruz agreeing with Alexandria Ocasio-Cortez.
00:33:10.000They're cheating to the point where if you get even close to beating them while they're
00:33:38.000And then, of course, Alexandria Ocasio-Cortez, who was tweeting a whole bunch of divisive race stuff the entire day, who tweeted about it once, Slaps him back and then accused him of trying to murder her!
00:33:48.000I mean, how hyperbolic, how sensational, how utterly ridiculous can you get?
00:33:53.000You have a moment in time when the left and the right are finally coming together, seeing things clearly, seeing things get together against a special interest, and then you have Alexandria Ocasio-Cortez screaming, Hey!
00:35:47.000So her whole shtick is the Republicans!
00:35:51.000So listen, I'll be the first to admit- That was a really good impression.
00:35:54.000But look, I rag on Democrats all day and night, alright?
00:35:58.000And I'll criticize Mitch McConnell, Lindsey Graham, and a bunch of the Republicans as well, and I rag on them too, but I do rag on Democrats way more, and this is the perfect example.
00:36:05.000You've got people on the right, like Rand Paul.
00:36:07.000You've got, well you used to have people on the left like Tulsi Gabbard, now she's not there anymore.
00:36:11.000But for the most part, there's several people, Thomas Massey, Rand Paul, you can call them and say the Republicans have some people that are doing well, and they're staying on principle.
00:36:20.000Then you look at the left and you've got Nancy Pelosi who is, she's like a sludge monster of corporate grime that builds up on the bottom of one of their freight trucks as they ship their corporate pollution.
00:36:44.000She just dangles the keys in front of the left.
00:36:47.000And then what happens is when she says, Ted Cruz, you tried to have me murdered, all of these leftists who were focused on hedge funds turn and go, yeah, slay queen, you tell Ted Cruz.
00:36:56.000And I'm like, no, no, no, no, no, no, no.
00:37:15.000She said, quote, I am happy to work with Republicans on this issue where there's common ground, but you almost had me murdered three weeks ago so you can sit this one out.
00:38:04.000Now, I'm not saying she represents these corporate interests or anything necessarily, but the game she plays, listen, you know what I was thinking?
00:38:14.000You can really figure out who the real grifters are right now.
00:38:17.000I was looking at Twitter and I saw some people posting about culture war stuff when the Capitol riot was happening.
00:38:48.000Now we see this with GameStop and with the hedge funds, and I thought much the same thing.
00:38:52.000There are a lot of people I know who talk about critical race theory and stuff, and they're tweeting about this and critical race theory.
00:38:58.000And then there are people like AOC, who tweets very little until people start tweeting at her, and then she tweets about it tepidly, and then starts attacking Ted Cruz again, and I'm like, you really don't care about the people, do you?
00:39:08.000Your whole thing is, I'm going to milk the culture war to rally a bunch of people who hate Ted Cruz, and it works.
00:39:33.000I'm being legit serious because in my world, in the movement that I in the space that I hang out in, that's like not a funny thing to joke about.
00:40:28.000And if somebody came in here right now, even if it was one of your friends, if you guys knew them, but I didn't, I might feel a type of way and be like, Oh, I'm about to.
00:40:35.000Especially if it was somebody that was, I mean, let's just say Alex Jones came in and I didn't know who he was and he came in all hot on 10 and I didn't know who he was.
00:40:46.000Surrounded by Capitol Police being ushered out before anybody comes in and why should she feel that way?
00:40:52.000What in her life has led her to experience that kind of trauma?
00:40:56.000No, I think, look, you're allowed to be scared and you're allowed to be inexperienced, but you're not allowed to claim that Ted Cruz almost had you murdered simply because he said some words one time.
00:41:06.000Is that something you're allowed to say on Twitter?
00:42:00.000She went out against the Patriot Act 2.0, now she's making these statements, and I never thought I would say this, but I agree with Rashid Tlaib on these issues, and it's a good honor for not playing party politics and standing up for actual issues that do matter and do affect us, and that's very rare to see.
00:42:18.000I gotta say, I'm actually a fan right now.
00:42:21.000Because I know I don't agree with her, and I know I don't like her attitude when she yelled, impeach the mother-effer, but I can see when she calls out Robin Hood, when she says no national security powers, I'm like, right on.
00:42:33.000You believe what you want to believe, I'll disagree with you, but I like that you stand up for what you believe in, and I like that you believe what you believe.
00:42:39.000And I like that you're challenging the system in a legitimate way.
00:42:57.000House Financial Services and Senate Banking Committee said on Thursday, they will hold hearings on the stock market after users of investment apps faced trading limits following the Reddit rally that put a charge into GameStop and other volatile stocks that were touted in online forums.
00:43:11.000Quote, We must deal with the hedge funds whose unethical conduct directly led to the recent market volatility, and we must examine the market in general and how it has been manipulated by hedge funds and their financial partners to benefit themselves while others pay the price, said Rep.
00:43:26.000Maxine Waters, a Democrat who leads the House panel.
00:43:29.000My respect to Maxine Waters for saying it, but let me follow up on that in a second.
00:43:33.000Waters added that the hearing will focus on short-selling online trading platforms, gamification, and their systemic impact on our capital markets and retail investors.
00:43:41.000Then they go on to explain what happened with GameStop.
00:43:44.000We're done letting hedge fund billionaires treat the stock market like their personal playground, then taking their ball home as soon as they lose, said Rep.
00:43:53.000Ro Khanna, who noted that hedge funds were allowed to continue trading stocks while individual investors were handicapped by trading limits on Robinhood.
00:44:01.000AOC and Ted Cruz were among growing numbers of lawmakers who agreed Congress needed more information.
00:44:07.000Ted Cruz responded to AOC saying he fully agreed and then we know what happened after that AOC
00:44:12.000then comes out and rags on Ted Cruz which is dumb. They go on to mention U.S. Rep Rashida
00:44:17.000Tlaib, a Democrat, called the restriction beyond absurd. Tlaib urged on Twitter that Congress
00:44:23.000quote have a hearing on Robinhood's market manipulation.
00:44:26.000They're blocking the ability to trade to protect Wall Street hedge funds, stealing
00:44:30.000millions of dollars from their users to protect people who've used the stock market as a casino
00:44:35.000for decades. Well let me come back to to that Maxine Waters thing.
00:44:39.000I got respect for Maxine for saying this.
00:44:42.000I think she's full of it, and I think she's lying to us.
00:44:44.000She's a career crony Democrat who's probably gonna be like, we gotta stop these hedge funds!
00:44:51.000Well, a lot of people inside of Congress are accused of insider trading because of their insider knowledge that they get, and many people point out that, according to some instances, they abuse those privileges and they abuse those powers.
00:45:09.000If we had a just system, Janet Yellen would recuse herself right now immediately because of her ties to Citadel and she should be brought in front of Congress to testify about why is she not doing anything?
00:45:23.000That's what the Biden administration keeps bringing up.
00:45:26.000I care about her connections, her not actually rectifying the situation as Americans are essentially being robbed at gunpoint.
00:45:34.000This is essentially what's happening here.
00:45:35.000We are seeing armed robbery happening right now by the financial institutions by Wall Street that are bringing a gun, putting it to the American people's head and saying, give me that money.
00:48:25.000He said, Tonight, I am leading a bipartisan group of lawmakers in calling for the SEC to investigate Robinhood and other financial institutions for their unprecedented and harmful actions against individual investors.
00:48:37.000Wall Street shouldn't get to play by a different set of rules.
00:48:40.000And then he tags GameStop and Wall Street Bets moderator Twitter account.
00:49:33.000You'll say something like, Hey, did you ever do X?
00:49:38.000And then the person says, I don't remember.
00:49:40.000That way they're not officially lying.
00:49:41.000You see, like, there's ways to use tricks to answer people in ways that doesn't actually answer the question or makes them believe things that are not true.
00:49:47.000Well, I support any investigation of these guys.
00:49:50.000I mean, what do they plan on uncovering or finding out or accomplishing with this SEC thing?
00:49:55.000Whether or not they broke the law, I suppose, and ripped people off.
00:49:58.000Not that I'm confident they'll actually do it.
00:50:00.000The system's been broken and rigged for a long time.
00:50:15.000And I often, you know, whenever we do highlight rumors and statements online like this, usually it's because a lot of people are sharing it.
00:50:51.000Vladimir, yes, the founder, Vladimir, and the C-suite received calls from Sequoia Capital and the White House that pressured into closing trading on GME.
00:50:59.000I guarantee you this is the same That took place at E-Trade and others who closed trading.
00:51:11.000This is as bad as it gets when we talk about how the rich get one set of rules and the rest get screwed over and over and over again and left to bail them out and pick up the tab for their trillion dollar tax breaks.
00:51:22.000We need to pile pressure on every government and financial institution involved in this travesty of justice.
00:51:27.000I am taking a massive career risk even posting here, but F these mother effers.
00:52:19.000And whether or not we wanted Trump out there dividing and yelling and pointing fingers, or Biden back there pulling switches, Joe Biden's advisers and transition team and all that stuff, they represent this stuff.
00:52:33.000Dude, the Treasury Secretary is the ex-Federal Reserve Chair.
00:52:40.000What we're watching right now is now that they've taken control of the executive branch, they can laugh in our faces and just sit back and put their feet up and say, do something.
00:52:53.000And there is nothing you can do to stop it.
00:52:57.000They put Janet Yellen in charge of the, you know.
00:53:00.000Eliza, I like your statement earlier about keeping it pure, because I feel like we've kind of almost derailed the politics.
00:53:05.000And politics is going to play an important oversight in this.
00:53:08.000But when you say keeping the movement pure, what do you mean?
00:53:11.000Well, I'm going to try to be very gracious in saying this because I don't want to jeopardize the channel, but I've seen in the past movements that seemingly have a great message or a good cause be co-opted by folks maybe that are too aggressive, too passionate, or with misinformation.
00:53:30.000It's happened in the space that I move in.
00:53:32.000It's happened in other things, you know, throughout the summer and then previously as well.
00:53:39.000If we keep it about the little person and give them a chance to succeed and don't make it about anything else, just the little person, give them a chance to succeed and give them a voice, then I think that we could see some change.
00:54:38.000Also, we have to understand it's not out of the stretch of imagination that the government couldn't be involved here.
00:54:43.000I mean, we already have the mainstream media, we already have big tech, and we know a lot of the big Wall Street banksters, even according to some Beijing professors, Knowingly worked very well with politicians and were able to influence them to get their way so if the Chinese were able to do it with Wall Street and and politicians what makes you think that you know a lot of these powerful billionaires aren't able to pull the strings of government as well and helped orchestrate what happened today which is
00:55:09.000Robinhood and these other platforms are supposed to exist so that most people get a modest return and a lot of people get ripped off bad.
00:55:23.000They want little people to have access to direct trading so that you can panic and lose your money and they can steal it from you.
00:55:30.000It's not supposed to go the other direction.
01:00:57.000So maybe it's wise to load 20% of my...
01:01:02.000Well, Elon just tweeted, the dollar is shortening itself.
01:01:06.000And obviously he tweets a lot about Doge, but again, what I've been saying, what I've been personally doing is I never invest what I'm not willing to lose.
01:01:14.000That's me personally, myself, not financial advice.
01:01:18.000We're just like podcasters, just people on the internet that make stupid decisions like buy Dogecoin a few years ago, and then they can't find their laptops.
01:03:39.000I can, but also more importantly an easy way to transfer value to someone anywhere in the world would be buy some doge and then trade the doge to Ian and then Ian sells the doge for cash and wherever he is and that value instantly transmits you know it's very very quickly.
01:03:53.000So if there's some kind of block in the way that's stopping us from making that transaction, Dogecoin is a mean to transmit value to someone else.
01:04:00.000It doesn't matter what crypto it is, as long as it has value and you can trade it rapidly, then the value goes in and out and it's almost like converting the money into a signal and then converting it back.
01:04:08.000So Dogecoin has that value, but that's kind of it.
01:04:43.000Coinbase then Took the cryptocurrency out of my account, claiming that I still owed them for this stopped payment now, and basically took half my money.
01:05:23.000I'm just thinking about, so I don't know if you guys heard that the scientists or whatever said that the Doomsday Clock is now 100 seconds to midnight.
01:05:55.000So the point I'm bringing up is... I'm single out here, so I don't want to die, you know.
01:05:57.000If this is Doomsday, look, somebody's marrying me.
01:06:00.000This is relative to, like, the creation of humanity, like, 20,000 years ago, or is this to the creation of the solar system, like, this 100,000... Doomsday clock?
01:06:51.000Because looking at Dogecoin skyrocketing, but more importantly, looking at the sheer market manipulation that people have figured out how to do, and the markets are not responding with, everyone's realizing there's nothing real anymore.
01:07:04.000No one believes the same set of facts.
01:07:06.000Money is basically meaningless at this point because people are randomly becoming millionaires off of going on the internet and just buying some random stock someone told them to buy.
01:07:13.000Now Dogecoin's going through the roof?
01:07:15.000I think we're in a very good place with humanity.
01:07:17.000I've been thinking a lot about the Ice Age and people like global warming, but as our ice caps melted 12,800 years ago with the cometary impact, I think we're still in an Ice Age, and we're just coming out of the last Ice Age now naturally, and we're about to develop fusion power, so I think we're okay.
01:08:16.000Yeah, but we're also heading towards a retail collapse.
01:08:18.000And also with automation and technological advancements, we are going to see a huge displacement of individuals being able to actually have a job.
01:08:26.000Being actually able to earn for themselves.
01:08:29.000And I think this is another reason why this happened.
01:08:32.000People are realizing, hey, we can't have a small business.
01:08:58.000Like, how more insane and crazy can you get to try to justify this, to use such spin, such propaganda, to try to somehow manipulate people to think that people coming together and playing the stock market, just like the hedge funds are, is something bad.
01:09:15.000I mean, they allowed small businesses to be destroyed and people haven't forgotten that.
01:09:21.000No, that doesn't add up to anyone's calculations.
01:09:24.000That doesn't make sense to anyone who actually is playing by the rules, who's paying their taxes, who's doing everything that they were told to do, and they're still getting screwed over at the end of the day.
01:09:33.000That energy, that feeling, that contentness, that is It's here and that's going to erupt soon under a Biden presidency and that's for weeks.
01:09:48.000I don't know exactly how it's going to magnify, but the feeling, the energy that was before Occupy Wall Street, after the 2008 housing market crash, it's the same energy now, but times 10 and more anxious and more hyperbolic.
01:10:04.000Why do you think that Acting Capitol Police Chief wants green zone fencing around Congress to be permanent and to keep backup forces on standby two days after she admitted her agency bungled response to MAGA riots?
01:10:31.000But, you know, the reason that they have so much security, they're keeping thousands of them there.
01:10:36.000A lot of people are contemplating, maybe it's not for the, you know, Magatard insurrectionist people who believe they're aliens and wear Chewbacca outfits.
01:10:53.000I was actually having a really interesting conversation today with somebody who was watching the Capitol riot with disgust and was like, this is horrible.
01:12:10.000In court documents, authorities identified the man as 71-year-old Dennis Westover.
01:12:14.000According to police affidavit, Westover had, quote, stopped the steel paperwork with him that had a list of senators and representatives in both the U.S.
01:12:21.000Congress and West Virginia Statehouse, along with their contact information.
01:12:26.000In an interview with the police detectives, he said that he was concerned about the honesty and integrity of the election.
01:12:31.000He said we have some polar extremes of opinion in this nation, and that while he believes there was election fraud at this point, it's a moot point.
01:12:39.000The process I am engaged in is righteousness, justice, and truth, a police officer wrote about the interview.
01:12:47.000I don't care that it's about Stop the Steal or whatever the point is.
01:13:25.000And then the game is still rigged, man.
01:13:30.000Tell people that they have no options, no choice, nothing they can do, they're desperate, destitute, and that if they even try to succeed, they'll knock you down, and you will see a person backed into a corner just lose it.
01:13:43.000Sorry to interrupt, but just remind us when we go behind the paywall to touch on this because I think it plays really well into just the vulnerable populations and how everybody's been affected by everything going on already.
01:13:54.000Exactly what that looks like and how that plays out in real life at the extent of the desperation ties specifically into what?
01:14:02.000Well, I think that's the things that folks are driven to do.
01:14:05.000Yeah, I think when people, you know, when any animal's backed into a corner.
01:15:50.000We've become adults in a generation where a major collapse destroyed the market and left us with no opportunities, no path forward, there's no money.
01:18:12.000And so if we create an economy where some people have to work and some people don't, you're going to get angry and you're going to get pitchforks and torches.
01:18:19.000Why is it that the farmer has to produce the food for everybody, but the people in the city is right about Brad Pitt's junk?
01:18:26.000Why did I have to lift heavy bags for travelers at an airport, 50,000 pounds per day, loading up all these planes?
01:19:00.000Would you support a system where there was a few people at the top just severely wealthy that were creating the robots to do all the rest of the labor so that other people didn't have to work but didn't have this severe amount of wealth?
01:19:12.000Yeah, because that always pans out well, just having a couple people at the top in charge of everything.
01:19:29.000We need to make sure that it's safe and human-centered artificial intelligence.
01:19:33.000Like let's back it all the way up because that's a genie we're about to let out of the bottle and once it's out we will not be able to bring it back.
01:19:40.000So this is a very tense topic and I think it's inevitable.
01:20:27.000In this context, I think it's also important to note that Russian President Vladimir Putin compared artificial intelligence to the next nuclear weapon and said it's going to be as powerful, it's not more powerful.
01:20:38.000And when we see China, when we see Amazon, when we see Google, we even see Facebook in the game of creating artificial intelligence.
01:20:46.000What are they going to do with that massive god-like power?
01:20:50.000Already, I mean, they're abusing their power in so many different ways.
01:20:53.000Already, they're not playing by the rules.
01:20:55.000Already, they're, you know, messing with the scales.
01:22:04.000Anyone that would get the ring would be like, we can use this ultimate power to defeat the evil, but when they would use the ring, it would corrupt them because of the ultimate power and then they would become...
01:22:26.000Listen, what you need to understand is that, look, if I was given godlike powers, see, I'm the only one who knows what the people truly need.
01:22:51.000Yeah, we're like, any like, that's already listen, this is our thing.
01:22:55.000But ultimately, all of these things have already happened throughout history.
01:22:59.000Well, China is already implementing it.
01:23:01.000Yes, their own way, especially with facial recognition technology, especially especially with the social credit score.
01:23:08.000So It's already happening in other parts of the world.
01:23:11.000I mean, with these latest technological advancements, we have to understand we're coming towards a reckoning.
01:23:16.000We're coming towards a major change in the way we used to live our lives that we're not going to go back to ever again.
01:23:22.000There's a very important turning point that we're reaching that, as you said, there's no bringing the genie back.
01:23:29.000And it's it's unregulated it's uncontrolled and it's in the hands of a very few individuals that exploited and used government to their own personal benefit to be some of the largest most powerful institutions in the world we have people right now like Bill Gates like Jeff Bezos like even Elon Musk that are some of the richest people in world history never have There have been so many few individuals with so much power all over the entire world, historically speaking, and that's a recipe for disaster.
01:23:59.000That's a recipe for things for being destroyed.
01:24:02.000Yes, and this is something that Jordan Peterson has talked about that I've been thinking a lot about lately.
01:24:07.000He was questioning how much inequality is too much, and I get the impression that we are going to find out.
01:24:13.000I was thinking... Well, everyone's finding out right now because of the GameStonks situation.
01:24:22.000Two of the largest video hosting services, social networks in the world are owned by the two of the most giant corporate monopolies in the world.
01:24:32.000I'm also hearing reports of a lot of one-star reviews of the Robin Hood app being allegedly taken down.
01:27:54.000The more you lie to it, the more you have these CNN, mainstream media, news articles, and journalists scuffing at it, the more emboldened this kind of fervor, this kind of feeling that is on the left, on the right, is becoming more impromptu and will be extremely, extremely visceral coming up in the future.
01:28:15.000Do you think for the house we need to get maybe like a grandfathered and belt-fed, you know, 5.56 or perhaps auto-defense turrets, 50 cal, just... I don't even know what you're talking about.
01:28:29.000You mean the House of Representatives like Nancy Pelosi wants?
01:29:25.000To be honest, if like someone was breaking in and then like Ian with a clown costume and a tennis ball gun started screaming and running at him, they might run.
01:29:31.000They might freak out and be like, what?
01:30:56.000Smash the like button, hit the notification bell, subscribe, and go to TimCast.com, become a member, because we're gonna have a very serious members-only segment where we're gonna say a whole bunch of words that YouTube will probably ban us for.
01:31:06.000Yeah, we're gonna focus on... Well, not just words.
01:31:08.000The guest we have on is very important, and she's going to bring up a lot of important issues that we can't talk about on YouTube.
01:31:15.000That's going to be extremely important for people to understand.
01:31:19.000This is what really bothers me the most about YouTube.
01:31:21.000There are a lot of people who have had their channels nuked.
01:31:24.000And they tell me, Tim, just say the things that need to be said, and I'm like, and then I won't have a channel at all.
01:31:28.000So let's say there's like 99 things I need to tell you, and there's one thing they tell me I can't say.
01:31:33.000I say, okay, well I'm gonna find a way to make sure you know you can get access to that one thing.
01:31:37.000But if YouTube bans me, then I can't tell you anything.
01:31:39.000So that's a real difficult position to be in.
01:31:42.000It's difficult because the list of things you can't say is being added more and more and more every day and it's just it's just it's like walking a tightrope and it's it's very difficult.
01:31:54.000She's a survivor advocate for human trafficking, and what we're going to be talking about on TimCast.com is not for children.
01:32:01.000And you need to get them out of the room when we talk about it.
01:32:03.000Well, the issues that have unified the left and the right within the last few years, like an individual named Epstein, that unified the left and the right.
01:32:11.000And I mean, these are important issues to get into that really do matter.
01:32:15.000So I think maybe we should even, I don't know, we'll talk about afterwards.
01:33:19.000That's true, and I think it's a great thing that Rubin has built, but I have TimCast.com, which is proprietary, and why would I want to use a centralized app?
01:33:31.000We need to find a way to make some kind of white-label service.
01:33:36.000I like what Locals has in terms of a company, but it's still a centralized server, which means if a payment processor goes to them and says, you have to ban this user, otherwise we ban you, this is what happens.
01:33:48.000What I would like to see is white-label social media technology that networks with all the other white-label technologies, and then you run it much like you would WordPress on your server.
01:33:58.000Then, You'll have a bunch of people who have their own servers, their own providers, and the software networks to each other, but each is individually controlled by the person, so you can't go to one person and nuke the whole thing.
01:36:32.000Inside of the Ages says, David is a very mainstream, lefty kind of guy, and what more can be said?
01:36:36.000idea how dangerous. I feel you guys have to have a convo for the sake of his viewers. He's lost."
01:36:40.000David is a very mainstream lefty kind of guy and what more can be said? He's not a journalist and
01:36:50.000I'm not saying to be disrespectful. David Pakman doesn't do, as far as I know, like independent
01:36:58.000fact-checking research. So, and again, I'm not saying that to be disrespectful.
01:37:01.000I'm saying David Pakman is a personality and pundit and commentator, and I do similarly, but I actually do copy for comments and I do fact-checking, but that's not the biggest portion of what I do.
01:37:11.000My point is, there was one segment where David Pakman was reacting to a Meet the Press segment with Ted Cruz, where Ted, where I think it was, what's that guy's name on Meet the Press?
01:37:35.000And then you hear laughing in the NBC studio.
01:37:38.000David responded to that as though NBC was correct.
01:37:42.000If David had done original research journalism, again, not to be disrespectful, it's how he does, then he would have found that you have a Politico story, you have the New York Times reporting that a court in Ukraine said that Ukraine was meddling in the U.S.
01:38:54.000I then see, they say, WallStreetBets says X. And I go, okay, let me fact check that.
01:39:00.000I then pull up the Reddit, read what they're actually saying, and then follow their claims, and then say, The news says this, they say this, so I have now tried to
01:39:09.000collect the truthful information as to what's going on and then disseminate it.
01:39:13.000David Pakman on the other hand will read the news article and then say, wow, can you believe that this is happening?
01:39:19.000So it's more like pundits like Rachel Maddow and the Young Turks and David Pakman,
01:39:25.000they don't do the original legwork to go into the sources.
01:39:28.000is request comments that would be journalism. They might argue back I I think I don't think David Peckman would
01:39:34.000argue that is a journalist I think you would say that is a personality and political pundit. So when someone criticizes
01:39:42.000him for parroting the mainstream media narratives I'm like.
01:39:47.000Sure I mean that's what a lot of people do I'm not sure how much original research Tucker Carlson does to be completely
01:39:49.000honest. I'm not saying it's a bad thing.
01:39:49.000I'm just saying there's a difference between someone who's fact-checking the news stories and someone who's just saying, like, here was a story and I'm going to tell you about it.
01:39:55.000That being said, 80% of what I do is just reading the news and then commenting on it.
01:40:00.000But then I always, always, for every story, dig into the source material to figure out, is it real or not?
01:40:25.000I heard something was happening and I wanted to see it.
01:40:27.000He heard Luke Rudowsky of We Are Change was there.
01:40:29.000Yeah, I was following him and I was like, oh, I really want to meet Luke!
01:40:32.000I just saw a video on We Are Change, YouTube's channel, where he's interviewing Tim Poole and they have the Google Glass app on the phone and he's like, who is Tim Poole?
01:40:41.000And they're a journalist award winning.
01:41:14.000I think you performed surgical investigation of 9-11, and that made a lot of people very nervous, and so they started claiming that you were all sorts of things.
01:41:24.000Well, I worked with family members and first responders that were affected by 9-11 and were lied to in certain instances, so again, like, even when I speculate, I say, hey, I'm speculating here, I think this might be the thing, this is, you know, point A, point B, let's make up your own mind.
01:41:40.000That's been my major... That was a funny video.
01:45:08.000It's been funny seeing- It's been funny to see you, Sargon and the Lotus Eaters, Crystal and Cigar, Yongya, and Angry Joe all chortle with glee over this, and I'm chortling too.
01:45:26.000I love seeing the little guys concert all their energy and then take down those big manipulators, those liars, there's cheaters, there's those stealers.
01:46:03.000He's saying that if we were eventually one day to be able to build a technology that would allow us to be in a simulation, then most likely it has already happened.
01:46:11.000But I don't understand the most likely part.
01:46:13.000Just because it's possible doesn't, to me, doesn't mean that it's likely.
01:46:24.000The Grizzly says, Joe Biden just signed, signed in the same under a different name to answer diversity and help minority people find homes.
01:46:32.000But it's just the same Clinton era law that caused the housing crisis.
01:46:36.000All this on top of record high unemployment.
01:49:35.000You could agree with somebody on one thing.
01:49:37.000All right, we got Sol Invictus who says, Reckless, dangerous behaviors in 2008 were stupid people using their homes as ATMs, signing contracts they weren't forced to.
01:49:47.000The fault lies with the American people, which is why those investment vehicles were taken from them and given to qualified investors only.
01:49:54.000Didn't someone say Biden just signed basically the same thing?
01:50:05.000I don't know a whole lot about it though.
01:50:07.000Tears says, in case you missed it, sent you a message on your SCNR email about execs ordering legitimate Robinhood app reviews to be removed from the Play Store.
01:50:17.000Don't know if there is a better way to reach you about such things.
01:50:29.000We have recently discovered the technology in order to implement this.
01:50:32.000So there's going to be soon members only live streams at Timcast.com and we're going to do events and it's going to be a lot of fun.
01:50:40.000We're going to do like I guess you call it pay-per-view, but like there will be member events where if you're a member, you can just click open, watch the stream, and then people can buy like a single pass for a buck or something, or, you know, five bucks or something.
01:50:51.000And then we're going to have like comedians come out and we'll actually have some members be allowed to come to the studio and hang out.
01:51:51.000So I sell it to Luke for $9, Luke sells it to me for $8, then $7, then $6, then $5, then $4, then $3, then $2, then $1, and then the computers see the prices going down and say, oh wow, look at that, it's not worth anything anymore.
01:52:20.000The problem is if you look at it like Art of War, Sun Tzu stuff, if you keep attacking from the same spot, they're gonna zero in on your location and shell you with artillery.
01:52:27.000So this GameStop thing seems like a risky position.
01:53:12.000I'm not sure if they inject it into you, or if they implant, you eat it in a pill, or if it's how they get it into you, but you implant something.
01:56:07.000They'll be like, Ian, Ian, tell me more about- I'm undercover!
01:56:10.000Well, we've got some friends who are going to come and help because we're really trying to make sure everybody can get through and everything like that.
01:56:15.000When you start a website, support ends up becoming a huge chunk of running that thing.
01:57:02.000Colton Lindsey says, Tim, what do you think about hard format entertainment like bookstores, game trading, and DVDs making a comeback in the next five years, given censorship direction we're in right now?
01:58:07.000Well, so you have GameStop, and I'm like, you should be community building, dude.
01:58:12.000Like, have kids come in to play in Friday night game competitions like Magic the Gathering does, and that's what makes the game work.
01:58:19.000So, for those that aren't familiar with Magic the Gathering, they do something called Friday Night Magic, where every Friday night, all the people who love playing the game come and they play little tournaments.
01:58:27.000It's like, you know, four matches, and the winner gets some free packs of cards.
01:58:31.000GameStop doesn't do anything like that.
01:58:33.000Imagine if they were like, we're doing, you know, what's a good fighting game they're doing right now?
02:02:40.000So go over to TimCast.com anyway, because you already know what's coming eventually.
02:02:43.000Google used to say don't be evil and imagine like one day they're sitting in like their office like Sergi and whoever it's like He's bouncing a ball on the wall, and he goes hmm.
02:02:51.000I kind of want to be evil He opens up he opens up the Google, and he just backspaces against don't be evil it's gone now It used to say YouTube Broadcast Yourself, and then they took Broadcast Yourself off.
02:06:25.000That's why we're trying to build up TimCast.com so that they can never take us down.
02:06:29.000Because look, in the event that we eventually get nuked, if we only have a good thousand people who support us, we can keep working and keep functioning and everything.
02:06:37.000And maybe our views will go down from millions to only a thousand views.
02:06:41.000But we'll have a business, you know, we'll be able to survive, we'll be able to keep doing our thing, so that's more than enough for me.
02:09:16.000live for a whole lot of fun, and we are gonna have another really big segment at TimCast.com, so thanks for hanging out, everybody, and we will see you all in about an hour or so at TimCast.com.