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Jeff
That XRP was built for transparency. So explain this $14.2 trillion sitting inside of US NGOs with basically no real time visibility into exactly where it's going, into exactly what it's being used for. Think about that. And at the exact same time, we're watching elections get blocked, court systems stepping in, redistricting battles blowing up across the country. So now you've got massive capital, no transparency, and systems starting to break under pressure. And that's not a coincidence.
Chip
Oh, not by a long shot. That's pretty much why this matters more than just politics or finance. Because what you're basically describing, Jeff, that's exactly the problem in crypto is supposed to solve. You know, it's supposed to create this whole transparency. Everything is recorded on the blockchain. Verifiable movement of value, no black boxes. And yet the largest pools of capital in the system, completely opaque. We have zero understanding what that looks like. Let's workshop it. Let's go. Welcome to on the Chain.
Jeff
Hey, this is Jeff here with co host Chip. What is going on? Chip, welcome to on the Chain. Great to see you. Great to see you. Everybody here from on the Chain community. All right, so tonight we're connecting a few things that on the surface don't look so related, but when you start putting them all together, they paint a very different picture of what's actually happening right now. We're going to break all this down. Like Chip said. We're going to workshop this. $14.2 trillion sitting inside NGOs and why there's almost no real time visibility into where that money is actually going.
Chip
Now.
Jeff
What just happened with blocked election results? Man, this is getting crazy. Redistricting battles and why courts are now stepping in to stop outcomes. The bigger geopolitical tension building globally from the US to the UK to Germany and even Japan.
Chip
Yeah. Once you start seeing all this as a system level issue, then the bigger question becomes what actually fixes it. And that's what brings us back to it's full circle to crypto, xrp, flare network, Bitcoin. Not from a price perspective, so to speak, but from an infrastructure perspective. Because if transparency becomes the issue, then systems are built for real time visibility and settlement kind of start to matter a little bit more, Jeff.
Jeff
That's right,
Chip
a lot more. It's incredible. What's incredible? Times we're living in. Very incredible. Let's jump to our first story here. Look at this. Ellie Terra put this out the other day. Something new we're going to be tracking. Jeff, here on the chain Rep. Young Kim, who is a Republican out of California. And then you have, you have Rep. Licardo, Sam Licardo, he's the former San Jose mayor now in Congress. So this is interesting. They unveiled this new bipartisan PACE act to create a national payments license for fintech and crypto companies. Now the bipartisan bill would let regulated state depository institutions and credit unions that conduct money transmission to be regulated under new optional framework overseen by the USOC which is the Office of the Comptroller of the Currency, the same people that allow banks to custody crypto. This bill would permit these institutions to access Federal Reserve payment services, aligning with the Federal Reserve Governor Christopher Waller's Skinny Master accounts concept which Kraken gained access to earlier this year. And the bill also gives Federal Reserve Board and not individual reserve banks the final decision making authority over Skinny Master account applications. It also looks to reduce costs for consumers who often end up paying fees passed down from layers of banks just to access ach. We can reduce the burden of banks fees born to by many, born by too many banks and American families by enabling broader access to innovative payment systems that deliver cheaper. Sorry Jeff. Faster, more reliable service, said Replicardo. And I'm proud to partner with Young Kim on this bipartisan PACE act to modernize our payment system for the benefit of millions of cash strapped Americans. Just on its face, what do you, what are your initial thoughts about this type of bill which is really designed to, you know, create a national payments license for fintechs and crypto companies.
Jeff
So, so there's really a lot, you know, that that's packed into it. We definitely need something, you know, we need to really have some, some key points on access. We need to get some more clarity. We need, definitely need to understand from a functionality perspective where the powers lie and then also what kind of freedoms this is actually bringing to the people that are going to be using it. But there's some other real key components to this as well because as we start really breaking it all down and we start looking at how we're linking in all the different economic controls from a national security perspective. If we start looking at different, the future for investment capital control, you know, all the different strategic financial growth within that, I think there's really a lot packed into it. But then there's also components that have to look at financial flow, capital that might be going out and capital coming in. Where, where exactly is that capital coming in from? So I think there's a lot of different aspects to this and we have to have good regulatory clarity over all of it to get, get on track here. Thank you.
Chip
Regulatory clarity is what it's always. It's always about what it's always been about. And that's probably what the missing. Probably one of the big missing keys that for. For us. I was just looking up this pay sack, Jeff, and I was like, okay, what's this pay sack all about? And here is HR 2900 introduced. That's. That's not the right one. Hello, man.
Jeff
Sometimes, you know, the act hits the pace. The pace act of 2026. It's also can also be titled as the Payment Access and Consumer efficiency act of 2026.
Chip
Do you have it? Because I wanted to read through it a little bit to see what that looked like.
Jeff
There's. There's a lot that. So I did.
Chip
I don't have the actual text of it.
Jeff
I did pull it up. So let me.
Chip
Yeah, let's go to it and let's see what that. Well, it's kind of good that they don't have to go. They, they don't have to rely on the Fed anymore for those, for those, the skinny sort of accounts anymore because that seemed like a big, giant bottleneck. And the Fed, it seems like the wrong person. They're the ones that have instilled slavery across every major, you know, country. So that they're not the best people to deal with. Yep.
Jeff
So as we start reading through the PACE Act. So let me. So it's HR. So HR7360. Let me see. I don't have the most. Let me pull up the, the more current one. Hang on a second.
Chip
That's the other thing. I was like, they should make it easier to find. So you find all those news stories about it. But I can find a actual Here
Jeff
we go framework here. Here we go. So I pulled, I pulled it up, but it wasn't, it wasn't labeled as HR760. So that was like pre, pre labeling. But this is really just to amend the U.S. how. No, this isn't any other. Wait a minute. This says to amend the U. S. Housing act of 1937. So this isn't it. Hang on a second. I keep pulling up the. And this should be the right one, but it's not the right one. Hang on a second. Housing act. We're not looking at the housing act. So I guess this is it. But it's going to be a little complex reading through this. I guess we could get into it, but it's not going to be so exciting. For anyone?
Chip
I don't think so.
Jeff
The board, the term, it goes through terminology, deposit, monetary value. So the first part of it goes through definition. Then we get into federal registration, eligible state payment service providers.
Chip
So what we need into the mic,
Jeff
Jeff, we need, we need some more, some more detail on this one.
Chip
Oh yeah, it's. I don't think it's really fleshed out. I think it's more of a conceptual type thing at this point because it's funny because I was looking at it here, it's like, you know what she has, you know, the little, what she pulled, like she didn't. I don't think she has the link to the. I'd prefer that, but there it is, a ride. Regulation Registered covered providers Regulation Registered covered provider providers in town of the Senate Payment Access Consumer Efficiency act or the PACE Act. Yeah, it's weird. It looks like the Last revision was April 9, 2026.
Jeff
Right?
Chip
Yeah. But anyway, I mean I think that, see, I think on its face it seems like it could be a good thing if they don't put too much garbage in there. Right? Because every time they try to regulate something, they over regulate it, then it becomes, it becomes a problem. So allowing the access from certain banks, especially your credit unions and these, you know, getting it fast like a Skinny account, you know, would be way good. But I don't know, I always wonder how they're going to actually proceed with that. Where is everybody tonight? My God, look at how skinny it is. And speaking of skinny. 3 Comments in here, Ireland Lake is here, El Jefe is here. And. And there it is.
Jeff
So here's some of the commentary that came from the CEO of Blockchain Association. For two long digital asset payment companies have been locked out of the same financial infrastructure that their competitors have access to. The Base act allows qualified non bank providers to obtain direct access to Federal Reserve payment rails, enabling faster, less expensive, more competitive payment services for American consumers and businesses. And then we recommend Rep. Kim and Licardo for this important step forward. Then it goes on. The Digital Chamber, the world's largest digital asset blockchain trade association is proud to support. The bipartisan PACE act is a thoughtful, forward looking proposal to modernize access to America's core payment rails by creating a pathway to qualified payment companies to access a subset of Federal Reserve payment services through a tailored account structure. The bill would help ensure our payments infrastructure evolves alongside innovation in a safe and responsible way. So it's good, it's all about that. But then obviously getting this framework, getting the Regulatory clarity, getting direct access. And that's basically what they're saying they want to create kind of a, a fairer, I don't like using that word, but providing easier access, easier access for not just corporations and big institutions, but allow people, small business and medium sized business access to this as well as well as individuals. So a lot of it can also be, you know, emphasizing and focused in on. Well, one of the points they brought up within this is housing delays in outdated payment infrastructure, whether it's splitting bill or paying rent, you know, waiting on a paycheck. So all of that can impact a business, it can impact an individual. Right now if you think about a lot of the technologies that can help streamline movement of money, it's not really from Main street, isn't really putting it in the hands to facilitate the, those types of payment infrastructures. You know, everything is still slow, everything is outdated, the rails are outdated. There's no transparency. All the things that we talk about and all the things that we've mentioned, the PACE act is, is a major step forward, although you could just call it the, you know, the Crypto act and just say, hey, you know what, if you would allow, provide some regulatory clarity in and around cryptocurrency, we wouldn't need that. You know, it's just like we keep having all these little stepping stones, but none of the stepping stones are really adding up to anything. No. And this, this is a big issue within government. Government is meant to be slow. You're not meant to pass things fast. But this has gone, gone from slow to completely inept. So you have another bipartisan, you know, we, you know, we really have to go back and look at all these other bills that have been laid out on the table and they get in front of these people and guess what? November is another election cycle. Guess who's getting reelected? Congress. So how many of them are going to be out? And if none of these bills gain any traction within, within the House, they're gone, they go away, you can come back and you can resubmit another day and, and that'll be for the 120th Congress. So right now we're in the 119th and it's going to be over November. That's it. So this is pretty much it. Yeah, maybe too little too late for this. You know, it's good for introducing, you know, so yeah, I don't know, it's,
Chip
it's so funny because you think what's interesting about is, is who's responsible for this bill? Like who Introduced it. It's great. I love to see bipartisan like Ricardo, you know, that's great. But also Young Kim. And you go like, hey, Young Kim. That sounds like a great rapper name. Like, you know, hey, I'm Young Kim. But she's, she's from. She was born in South Korea. She's a Republican. I remember when she was, I remember she was running in 2021 or 2020. She was during the 2020 election. So she's been around since that. But what's interesting is that she's the, yeah, she's the only, she's the only Korean American ever elected to, to Congress, especially woman. She was born in Incheon, South Korea in 62, spent her childhood in Seoul. Left their family in South Korea in 75, living first in Guam. But it's interesting. They go like Young Kim. And it sounds like Young Kim the rapper or something. You know, it doesn't seem like somebody's name, but it's interesting to see other names that we not used to accustomed to seeing finally coming up, you know, for a change and having something to do with what's going on. There it is.
Jeff
There's the bill.
Chip
Looks like a lot of reading, Jeff,
Jeff
for us to kind of read through and try to get save that on
Chip
your drive somewhere so we don't have to like spend an hour looking for this thing because I couldn't find it earlier.
Jeff
Yeah, it's kind of crazy that I was going through introduction into where it normally is and it's not there.
Chip
So just have AI normally.
Jeff
They're easy to find.
Chip
We'll do that next time, you know. So this, you know, it's interesting. CoinDesk has been putting a lot of Pro Ripple stuff out lately. It's so funny because no matter what logo it is, they always change it to yellow because that's like their brand. So they make it to their brand. It says, look at this research. Ripple isn't just building a stable coin. It's building a full financial stack. Recent acquisitions clear or signal a clear strategy. Custody treasury prime brokerage payments infrastructure. It's about end to end control of value movement. It's cool that you're seeing this. Recognized kind of like you know, by the trades. And here it is right here. The scale behind this is significant. Hidden road 3 trillion cleared annually G Treasury which is now ripple. Treasury 13 trillion in payments orchestrated and you've got rail, the stable coins and payment infrastructure. And there it is right there. Kind of a nice little graphic. There's the hidden road. Yeah, the Ripple Treasury, Mataco Rail and Palisade right there, Palisade which is the wallet infrastructure. So really good, nice little piece enables a new cross border payments model. Instead of banks go to correspondent banks to FX providers, the settlement networks. Now it becomes sender basically through the ripple infrastructure and then your recipient fewer intermediaries, faster settlement. There it is. There's your traditional versus the the one on the bottom. You know you got the end customer crypto exchange center account, local correspondent bank, the international correspondent bank, the local Sponda bank and then the Ripples account where if you're doing a cross border payments the end customer through the Ripple payment sender, Ripple and then boom account. So it's pretty simple. With RL USD integrated into this system you have payments that can settle near instantly. The costs are reduced. Liquidity moves seamlessly across fiat and blockchain rails. This is what modern financial infrastructure looks like. Read the full report by CoinDesk data commissioned by Ripple. So there you go, you're late. XRP is destroyed, you're late. Ripples are building the foundation for everything. Very very cool. Love to see that. And also we have this also Jeff with Coin Desk they said that remember One chain. Remember I was always wondering what happened to one chain. It's like it was, you know that bridge has been forever. I never heard of it, I don't hear about anymore. But a one chain adds support for Ripples, our USD stable coin on its bridge infrastructure enabling transfers between EX XP ledger, Ethereum, 1Chain and Cardano. So they turned everything yellow which they like to do for some reason I don't know because it's the brand brought the common Put this out Jeff is interesting. It says Ripple claims Goldman Sachs as a Treasury client former G Treasury and then while known their documentation has had a makeover including the website to change all the G Treasury news to Ripple treasury obviously makes sense they changed the name product addresses the following concerns. Late bank files, payment files stuck as non confirmed the Fed number is not appearing quickly ERP files failing, Swift outages, bank outages, incorrect bay records and changes that break the reports big business issues, so on and so forth. So Ripple now owns a Treasury platform with a bank connectivity ERP integrations. That's big erp. You know your your financial systems are plugged right in so there's no special stuff you have to do yet. Your payment workflows, your payment monitoring, liquidity visibility, treasury management and now native rlusd/xrp across access is housed in the same place and GS seems okay. Goldman Sachs seems okay. With it, I would imagine Goldman Sachs probably doing more across the thing. But that was an acquired customer. Right, because it came over with the G Treasury acquisition. But I'm sure they're pitching other services, Jeff, to Ripple is over there. I would think so.
Jeff
I hope so.
Chip
This is an interesting stat here. Look at this one. A16Z. And Dries and Horowitz put this out. Stablecoin payment activity isn't evenly distributed. Nearly two thirds of the volume originates from Asia, primarily Singapore, Hong Kong and Japan. And similarly, some of the three best places on earth that have had legal clarity for a pretty long time and have established that. So here's a graph or as a chart shows you. Asia claims the biggest share of the stable coin. Now check that out. If you. If you look at that 245 billion, which is 63, it belongs to Asia, North America, not surprising, is only 95 billion, which is only accounts for 24 of that. And that's that pink color you see. And then Europe, about 50 billion, about almost half what the US is, or 13. Then the rest of the world's coming in at less than 1 billion. And this is still early days, but it's. It's funny because this number in North America will shoot up as soon as clarity comes through. Wouldn't you think so, Jeff?
Jeff
I'd hope so.
Chip
Yeah. I would hope so, too. Along with the price shooting up, too. That would also. That would also be very nice. So what is everybody doing? Let's go over here and see what. Good evening. Good afternoon from New Zealand. Good morning. Ray the Musk. Good to see you, man. Good evening. Sent you all back in the building. Guys, if you're here, check in. Sometimes there's lurkers. You're just listening, but you're not. Actually, they have Punta Gordas in here as well. Beautiful, Beautiful, I say.
Jeff
So anyway, what's next on the agenda?
Chip
I think we're segueing into the geopolitics, Jeff.
Jeff
All right.
Chip
I think we're popping over to geopolitics for a little bit.
Jeff
Becomes important.
Chip
Yeah, important. Do you happen to have that story handy about the. The NGOs? If you don't grab that.
Jeff
It was.
Chip
I thought it was in the heap.
Jeff
I'm not 100. Am I not finding it right at the top? Yeah, hang on.
Chip
There it is. Okay, let's. Let's do that one. Let's jump right into that because I think that's key.
Jeff
Oh, you got it? I just pulled it up.
Chip
Yeah, go ahead. If you want to pull it Up. Go ahead, go through it Jeff.
Jeff
Let me grab it over here.
Chip
Yeah, that's the Wall street apes, right? Yeah. Yep. Yeah, run through it. Pull it up and run through somebody. That's. It's crazy when you think about it. If you think about here we are talking about national dollars, $39 trillion, $40 trillion. Well, how much of that is actually the debt that belongs to the people of the United States? That's what I want to know how much BS when you have a central bank job. There's all kinds of stuff they can do. Kelly Slade in what's up guys? Good to see you. Thank you.
Unknown Guest 1
So here we go.
Jeff
So this is it. This is the Wall Street Apes Post to this taxpayer money laundering must be insane. So here we have. The Federal Reserve has revealed that US NGOs those are non government organizations have more in assets than the combined 2025 GDP estimates for Japan, Germany and India combined. The combined asset held by U. S NGOs equals $14.2 trillion of your tax.
Chip
What? 14 true. What in the. What in the Tom hill is that? 14 trillion? That's. That is a disgusting sick amount of money, Jeff.
Jeff
Now let's double check what is the GDP of India? The GDP of India is projected to be 4 to 4.1 to 4.18 trillion for 2026 puts that in perspective. So India and Japan's GDP each race reached over 4 trillion Germany 5 and 13.5 trillion together. Guess what? The combined asset held by the U.S. nos equals 14.2 trillion of your tax money and that of your children and grandchildren and great, great, great, great, great, great, grand. Now Chip, look at as he breaks this down and. And you brought up a real solid point. Here's the question, here's ever wonder why everything is so absolutely unaffordable today? It's not actually rocket scientists. Government has forgotten the fundamental reason for which it's been formed to serve and protect our civil liberties. There you go. Has inverted the entire formula and decided that we are the ones here to serve, to work and through our individual labors to support their desires and the BMTH of bureaucracy that has emanated from those desires. U S non profits held about 13.4 to 14.1 trillion in total asset including cash investment, real estate, etc it has grown from 7 trillion a decade ago on the Federal Reserve and I. I think you bring up a solid point. If we look at deficit and we look at all the corruption within government and we look at all the corruption within these non government organizations, all these entities and we consider what we just witnessed with that poverty, whatever, that's feeding the, the narrative, creating the narrative, funding the narrative. Now these are entities that have siphoned tax dollars from the American people, created a fictitious narrative. They've enriched themselves. We saw Elon OMAR, net worth 30 million recorded A, A couple of years prior to that at 40,000. And now they're trying to make claims that her net worth is 80,000. And the winery that they were going to funnel all the illegal, ill gotten funds from, you know, that, that they were going to pour into their winery is also now defunct. So all the ways that they launder money and they cheat the system. And then you wonder how is it that we have such a, a deficit? Is it really because of deficit or is it because of these corrupted politicians and these nos that have been thieving the money from us all along?
Chip
Yeah, I mean, why should the, why should we be on the hook the taxpayers? And this happens in every country. I mean, every country has the same issue where you have a central bank that's basically controlling payment. Like what's going on behind the scenes. You know, they're never audited. No one ever is like looking under rocks and saying, huh, this doesn't seem right. I mean, even in the US Government before Elon Musk came and you had the doge which was looking under to see what kind, the massive amount of fraud, 30, 40 fraud, on top of all these NGOS, you know, it's, it gets to be a little bit much at some point, Jeff. It's a lot.
Jeff
It's a lot.
Chip
It's a lot. You know, yesterday, you know, we had the, the foreign, the correspondence dinner, which is, you know, supposed to be a place where you go make fun of the President. And again, there was a, there was a, there was another attempt to try to take Trump out. And like, if you don't like, say you're another country, you're like, I don't know about just Trump. I don't like Trump. Well, why is everyone trying to take him out? Why are the Republicans fighting him so hard? Why are the Democrats fighting him so hard? Oh, geez. Kind of pretty much tells you everything you need to know. I saw this really good piece and this piece was about a really good, it's a very, very heavy, heavy perspective. But I want to see what you think about this one. And this is what it's all about. It's all talking about the criticism. So what happened at correspondence dinner? And then, you know, you had a live gunman running by the Secret Service and attempting to, you know, kill somebody and probably the President. But there we go. Every Democrat wants you dead. Everyone, every single one of them harbors this desire. They leave the physical act of pulling the trigger to others. The moment the bullet finds its mark, the mask drops. The celebration begins. For the common good, Jeff. To protect our democracy. These are the same blood soaked incantations that have recited since 2016. They will claim violence has no place in our politics while immediately pivoting to label MAGA as the real threat. Translations clear. Your death is an unfortunate necessity demanded by the Republic. This represents the logical endpoint of a decades long campaign of demonization. Demonization they call Trump Hitler. They label MAGA a cult. They equate a border enforcement with racism and election skepticism with insurrection. Every institution they control, from the media and academia to the DOJ and big Tech, has spent years programming their followers to view conservatives strictly as vermin. When the vermin starts dying, the faithful refuse to mourn. They meme, they ratio. They tend trend phases like one down, millions to go. History's litter with the regimes that spoke in the language of the common good while stacking bodies. The Jacobins, the Bolsheviks, the Red Guards, all began with noble rhetoric and ended up with mass graves. It's funny how that happens every time. Jeff. The modern American left has simply updated the vocabulary to weaponize terms like equity, sustainability, and the idea that democracy dies in darkness. It's the exact same meat grinder operating under new branding. Their rhetoric is is its merciless clarity. It destroys the comfortable illusion of equal culpability between both sides. One side argues policy, the other side argues that your existence is a hate crime. There's no negotiating with that level of hostility. Reaching across the aisle is impossible. And the opposition views the aisle itself as a moral obscenity. The path forward requires us to stop pretending. We must stop apologizing for noticing reality. We must stop seating the moral high ground, the people who cheer when we bleed. The shooting tonight is yesterday. I should say exhibit A in the case for political realism. They want us to race, they want to win. Only one of those goals is compatible with survival. Well put, huh, Jeff?
Jeff
It's very well put. And if you think about if this is how they act when, when they're just trying to take someone out of power. Imagine what's going to happen next when they're in power and we witnessed over four years how they cheated, they stole, they corrupted. First of all, let's go back to 2020. Let's look at the rhetoric from 2016 the continued rhetoric of 2020, the stolen election of 2020 and, and even think about how they tried to take the moral high ground at that point and said, oh you, you actually believe the election was stolen? Well, let's look at what's going on in Virginia right now. Let's look at how they illegally corrupted that. And if you go back to the states and they passed for the mail in ballot, that was also done unconstitutionally and it was against the state constitution. Hannah was against our U S. Constitution. The way they manipulated the outcomes for mail in ballots in 2020. And they did it all because of this notion that there was some sort of an illness that prevented people from going out to vote. And it was done in such a way that the continuance of that mail in ballot system continued and continues almost to today. And each state has had to deal with the ramification and the fallout from it and so be when a state takes it upon themselves to undo and change an electoral, an election system and process and it doesn't go through the proper channel to make that happen, then those votes just on the vote themselves, forget about all the fraud and deception that takes place with everything else that they did, just that component alone and yet the courts wouldn't hear it, they wouldn't pass it through. And it was, it was just, it's amazing to me that here we are all these years later, you know, Trump's in office, we went through four years under Biden. Now the, now this is where the rubber hits the road. We're seeing accomplishment after accomplishment after accomplishment that's being stacked up by Trump. And on the other side you still have some of the feckless radio rhino Republicans that are trying to block it. And yet you have individuals like, like Dershowitz who is now becoming a Republican or has become a Republican. You have Federman, you have Federman out there that has been ostracized by his Democrat party and has voted in line with, with many things that are positive. Other things, you, you still have to scratch your head and question how he still adheres to that. Each one of them have their own turning point. He's slowly turning. But the, the point being is that this is it, this is the last chance we have to save this country and really save the world. Because Europe, those guys are nuts. What's happening over in Europe, the stuff that we keep being out of it and the streets and England, I mean, I'd like to be able to have somebody that's over in England take some pictures for us and Send them to us. I would love to get it from like a first person perspective and not manipulated in any way, shape or form through social media or someone else who's trying to position a perspective. But if you can get pictures of the streets of London or anywhere else would be. Would be ideal. If you could do it for France, if you do it for the Netherlands, if you could do it for anywhere throughout Europe. I know we have a lot of viewers from, from Europe. If you guys could capture those moments and share them with us. I just want to see if there's neglect on the streets, what the trash situations look like. If you still have a cleanly environment. Not cleanly environment. If there's mass numbers of people just milling about in the streets with no direction whatsoever. I want to see like direct impact from the people. I think would be really monumental. But we know the direction this is moving in Spain is going to cost Europe. Europe and, and it's all going to fall on the head of Spain. Forget about the rest of them. But they're allowing this flood to happen and it's going to be tragic. Really is.
Chip
Yeah. 100. I mean it's, it. I don't know what's gonna, I mean I really know what's gonna happen. You know, the thing is Europe's such a great, great. It's, there's so many great countries. It's just sad that the EU son again in, in its definition. Like, hey, we're gonna, we're gonna pool all the resources. It makes sense, right? It's like almost like, like the United States. Right. Each state kind of operates with its own constitution, does its own thing. But you know, there's that larger part made a lot of sense. We'll have the euro for the currency, we'll do this. But anything outsourced to Brussels and it's like, oh, so you have von der Leyen making decisions with a bunch of nut jobs for what's. For what point. Like you're, you're basically circumventing the sovereignty of every country. And the countries that push back, let's say like when Hungary pushed back on the whole they were finding a million dollars a day. When you're fighting, they're, they're, they're a sovereign country, they do whatever the hell they want. They're not, there's not some master agreement that some unelectric bureaucrats are going to tell, you know, a different country how to act, you know, And I love it. It's so funny that because Denmark, you remember that dust up with Trump and Greenland, the whole thing is like, well they're like prime minister called for a snap election and they got hammered. They got destroyed by the, the conservatives apparently. You know, the Danish aren't happy with the either. They're like, they're not so happy with it. So again, reading into stuff Jeff, that doesn't really exist and you know, one of the things you mentioned was the whole thing with Virginia. There's some interesting things about Virginia like the maybe people don't really understand of because people think like oh yeah, okay, there's irregularities when it comes to voting, but forget about that for a second. Esteemed attorney Jonathan Turley said this. We're having quite the day, the night in the courts basically when this happened. A Virginia judge blocked the state from certifying the results of Tuesday's congressional Mac referendum is unlawful. Judge Jack Hurley Jr. Ruled the Democrats did not follow the correct procedure for a constitutional amendment. Then we have this. The Democrats failed the Virginia Constitutional Article 12 requirements for proposing amendments. Judge Hurley ruled they improperly passed it via special session lacking the 2/3 of supermajority authority. The first legislative passage came after early voting began in the prior general election. This invalidated two passage rule with intervening election and they skipped the mandatory three month pre election publication. He also flagged the ballot language as misleading. So it's like four things, Jeff. It's not like one thing, it's four things. And then you've got the Supreme Court. This is the Supreme Court of Virginia will decide on this. But look at how tainted this is. What was on the ballot? It didn't say if you want to pass it so that Virginia, the Democrats control all of Virginia. Here's how it appeared on the ballot that people were voting on. Question should the Constitution of Virginia to be amended to follow General assembly to temporarily adopt new congressional districts to restore fairness? Jeff, everybody loves to restore fairness. To restore fairness in the upcoming elections while ensuring the Virginia standard redistricting process resumes for all future redistricting after the 2030 census. This is so horribly misleading because people will go like oh of course I want to restore fairness.
Jeff
Right?
Chip
Because the other one of the other requirements, the Constitution of Virginia, it says it has to be in plain written plain exactly what it is. You can't make this flowery language. It has to be whatever the bill is set to do. The bill is to redistrict for all Democrat blah blah blah. It's got to say exactly what it is, not this flowerly language which when I saw this I'm like Okay, well, you could think, oh, sure, I want to restore fairness. Whatever he wants fair. So here's another metric about the election that happened. You've got. So here. Stick with me on this, please. Let me know how many yes votes and no. You'll see. Fairfax county contributed 149%, Jeff, towards the yes victory. Why is this more than 100%? Because there were many counties who voted for no, and these were offset by the S counties. Bottom line, haven't seen anything this extreme ever. The difference in votes in Fairfax exceeded the state difference by one and a half per times, meaning that the other counties didn't count. The election could have just been held in Fairfax. Everyone else, sorry you were disenfranchised. Better luck next time. The funny thing about this. Look at this job with a straight face. Fairfax County, 148%, Arlington, 49, Richmond City, 48, Henrico, 35, Alexandria, 29, Hampton, 17, Albert Valley, 14, Portsmouth, 11 and Charlottesville, 10. And there's a reason it's so, oh,
Jeff
so awkward, you know? Yeah, we're gonna accept the math of 148%. That's.
Chip
And there was a ballot dump where it was exactly 30,000 yeses came in only for yeses. 30,000 of them. It's unbelievable because these are the mail in ballots. Like, how many ballots do we need? 30,000. Okay. And then let. And it was exact. It was exactly 30,000 and they were all yeses. Now, the likelihood of that happening is impossible. Right? I mean, I guess it could happen. It'd be rare, but 30,000. Holy cow. So there's so many anomalies with this thing on top of them. Not following exactly what happened. There's a guy who used to be a rep there. He's moved on. He's a conservative media guy now, but he kind of shares it from his perspective here.
Unknown Guest 2
This didn't violate the law when they decided to redistrict. Oklahoma didn't violate the law when they decided to redistrict. Virginia did. And here's what I mean by that. For those of you who don't know, in Virginia, whenever you try to change the Constitution, because, oh, by the way, in 20. What was it? 2020, we voted. We voted on a ballot referendum just like the one that just got voted on. We voted on it to say we no longer want politicians drawing the lines. And 65% of Virginians voted to say we want an independent or a quasi independent commission to draw the line. So that's what we did. And the lines that were given to us were lines that probably slightly favored Democrats, but overall were. They weren't horrible. They weren't bad. Right. And again, it wasn't politicians drawing all the lines. And then you fast forward and now Democrats are saying, no, no, now that we're in charge, we, we want to change it back and we want to draw the lines and we want to. Jerry, we want to make Virginia the worst gerrymandered state in, in the country. Well, if you want to do that, you could. And here's what you would have done during the normal legislative session. You would have submitted a resolution, a joint resolution in order to offer a. A ballot referendum. And then you, you. That would have passed the House, it would have passed the Senate, and if it passed both bodies, then what would have happened is you would have had an intervening election, and then after that intervening election, you would have taken the exact same resolution with the exact same language, passed through the House, passed through the Senate, and then it would have gone to a ballot referendum that would have showed up on the ballot in November. That's what would have happened. So is that what happened this time? No, no. They didn't submit this during regular session. They actually called a special session. They pulled us back into a special session and they submitted this legislation, this resolution. Now, you could argue, okay, is that still within their purview? It would have been shady, but theoretically, yeah, you could have legally justified that, except for the, the fact that we had already started voting in that intervening election, which is supposed to take place between the, the resolution initially passing the legislature and then being resubmitted the following year. Over a million Virginians had already voted in the intervening election. I'm sorry, that's illegal. That's a violation.
Chip
It was so. I mean, he goes on other points, but that's like, the main part of it is like, everything was done incorrectly wrong. Just a complete, you know, just a horrible dust off what's going on there. It's like, if you don't even follow the basic stuff, it'd probably be a 70 in the. It'll be. Or 9 0, I should say 9 0, you know, from the Supreme. Because this isn't like what my feelings are about it. Like, let's see, these are the steps you're supposed to do to pass to change the Constitution, and this is what you fail to do. Nope, nope, nope, nope, nope. Okay, so it's pretty. There'll probably be a 90 decision by
Jeff
the Virginia Supreme Court and get rid of the governor. And now we got to go state by state and look what they did. And get rid of the politicians that were elected. It causes a lot of turmoil. So Craig Palmer is saying, hey, I'm from England. It's full of migrants. It's a disgrace of the people that fought in World War II. 100 full of migrants. These people don't belong there.
Chip
Well, the other thing removed, and I think people always. This is where they're like, well, you call us. They're calling Craig, you know, you're a racist, you're a hater, and you're. This. That. Well, no, no, it's different when, you know, it's funny because, like, when I go to my grocery store, Jeff, when I look at the. When I look at the English, like, we haven't, you know, the international foods, you have the English section and a lot of it is. Is a lot of Indian food, right? Because, you know, there's a heavy influence of India, like chutney and all that kind of stuff. And, you know, and then there's like the shepherd pie stuff and all that kind of stuff, but essentially. And all the goodies, which I really like, you know, really good. But the funniest part about it is if you think about Trump saying the same thing, if you import the third world, you become the third world. Zero. First of all, they don't want to assimilate. They don't care about assimilation. They're not trying to learn the culture. They don't care. They're not. They're like, we're going to bring our culture and, and we're going to dominate. And if, if they're Islamists, then they're going to try to implement Sharia law. They're going to try to do all kinds of stuff like that. It's not, it's. It's horrible and it makes me sick. And you know, I was. Jeff, I always mark back to 2000 is what it's. Because I was going in the 90s to the UK and one time when I went around two early 2000s when I was in London, I just couldn't believe. I thought, like, what? Where am I? Because all I saw were, you know, I saw the dress and the Muslims and like. And I was like, dude, I, I was like, is this is London? And my God, it's 20 times worse today. You know, they call many pubs, they close down. We don't drink alcohol. I don't give a. Then leave the country. You don't drink alcohol. You can't get a pint. Move out, you're done. See you later. Stupid. You know, this is our, you know, if you're in English, you're like, this is our culture. This is, this is, this is you, you, you, you either like it or you get the hell out. You know, we're not assimilating to you. You assimilate to us. And, and the fact is the English have been shut out. I, I like what's happened in Ireland. Those Irish always, they're always frisky. Those Irish, man, they're like, they're standing up, Jeff. They're pushing back the Scots, they're kind of rolling over too. But I like to see what's happening there. It absolutely.
Jeff
Government is a disgrace. Well, it's also a bad form of government, but the, the people leading it are an absolute disgrace to the country that they're allowing the England to be overrun the way it is. The entire uk, really, because Scotland has had, has its share of issues. But yeah, I mean, I would like, I would like to see England step up. And we had Brexit. Brexit was the boldest, you know, plan to say, look, we've had enough with the eu. We're stepping away. They stepped away and then the bed. It's just like they didn't do anything positive. What, you don't leave the eu, have a Brexit and get ready to build a powerful economy again and then say, hey, you know what? We're gonna allow all the uneducated people in Africa and all the third world countries, we're gonna allow them all to flood into our borders. No, no job prospect, no education, no positive net gain, just a complete deficit of, of, of drain. These are all people that are going to be put on the dole. People that came over, like Chip said, they're not there because they want to assimilate. They're there for the freebies and they're there for conquest. You don't bring over all these military age men and the stuff that you see on a regular basis. And again, you can hyper focus on stuff on social media and say, you can show a hundred incidents and say, look, here's a hundred videos of horrible things happening. Well, horrible things happen all the time. But now you're starting to see kind of a specific narrative. You do have to zoom out. But then when you zoom out and we get to the person on the street, like with Craig, and saying, hey, you know what? It is a problem. He does feel it, he wants to leave, you know, doesn't want to be there anymore. Right. The government's a disgrace. They've, they've flipped the country in the wrong direction. Well, you have a. You have.
Chip
But the problem. The other, the other issue that I see with, with the way the government structure is in the uk like you think about. And I always. This is what's always about. So the United States is coming up in July 4th will be the 250th celebration of the United States as a country. You know, think like all these other countries in the world, like nobody thought like, huh. That's a pretty interesting constitution, one that limits the power of the government and gives power to the people. I like that. No, no, no, no, no, no. Our constitution is we make the rules. And you plebs, you get that. You know, like you poppers, you kneel like, like you're still like kneeling in front of the king. You kneel down and we tell you what to do. What kind of a form of government is this? What kind of form of government where. Where it's not of the people, by the people. And look at the advancement with the Magna Carta ban. The Magna Carta was a game changer. It's like, hey, it was the first time you had a document that started saying, like, wait a minute, there are two. There's not a class of people. There's the, there's the elites and then there's everybody else. The first time you actually gave a voice and said like, no, no, no, we got to start think. So you go from that, the Magna Carta to what we have now. And the problem with the Tories is we call. The Tories here would be called Democrats, maybe from the 2000 era. Right. But the Tories, they're not conservative by U.S. standards. Not by you and our standard, Jeff, or most of the people here are conservative. They're not. They're just. They were. I mean, yeah, maybe some little the thing. But the Tories were a disgrace on top of it. Right. I mean, it was the best thing you had. It's truly better than Labor. Labor Party's been just absolutely horrific. And how Starmer still around. I don't know, man. The way he's destroyed the country. Look at this. So I, I love this exchange right here, Jeff. This is, this is GB News. I love this network. There's always good. They always have a lot of good debates on here. And it's actually very entertaining to watch. Let's, let's, let's check in here.
British Interviewer
Here's the question. Are they our ally? Because we've had this perception in Britain.
Chip
Yeah. So what's going on here? Is they're debating whether the fact that is the US a true ally of the uk.
British Interviewer
That is the question. Are they our ally? Because we've had this perception in Britain, in Europe since 1945 that the US has our best interests at heart. But I'm not sure the evidence bears that out. We are now dependent on them for oil and gas rather than Russia. They own a huge amount of our company.
British Panelist 1
Well, sorry, would you rather be dependent on Russia?
British Interviewer
I would rather be self sufficient or at least spread our bets a little bit more. 2 million people in the UK work directly for US companies far more than any other country in Europe. All that money goes because all the profit goes straight back to America.
British Panelist 2
And the big thing.
British Panelist 1
Hang on a second.
Chip
This is so great how you keep poking holes and all the shit she said. Now the one part I agree with what she said is we should be self sufficient. Guys got one of the greatest oil desserts around, man. And you don't drill it because of, you know, looney tune leftist nut jobs.
British Panelist 1
They don't own us. They are our ally. And in exchange for those very close economic relationships and trading relationships, we get what America has given all of Europe, by the way, since 1941, which is an umbrella of unparalleled protection.
British Interviewer
Ally or vassal state.
British Panelist 2
This is it. This is it. And when the D deal is, you must follow us into every conflict or we will withdraw privileges. That's not.
Chip
Look at where this soy boy is.
Jeff
This is.
Chip
Dude, this, this guy right here is why you're gonna get conquered. This soy boy dude right here, he's like, he. Listen to his argument. Listen to his argument. Holy cow.
British Panelist 2
This is it. This is it. And when the deal is, you must follow us into every conflict or we will withdraw privileges. That's not a very strong position to be in as Brits and it's not something we're particularly used to, to add to what you're saying. We're now in the air. And if you look at the big players, OpenAI, Anthropic, Google, they're all American as well. So the next phase of global commerce is going to be dominated by the.
British Panelist 1
Why is that? Why is that?
British Panelist 2
Because they have the R and D. They have.
Chip
Oh this right, this guy, this, this, this is a master class. I don't know who this dude is. I don't know if, if. Craig, if you can tell us who this guy is. This guy is giving a master class. Like what he goes on here is so great. I watched this like three times already. It's fantastic. He says, why is that? Gives the guy a chance to answer, listen.
British Panelist 1
And why is that? Why is that?
British Panelist 2
Because they have the R and D, they have the money, they have the investor base. They have a lot going for them.
British Panelist 1
And they've done the very opposite of what a succession of governments in this country have done. Instead of doing what the Americans have done, which is creating a prosperous open economy with where businesses can thrive, what we've done under both the Conservative and Labour parties is clobbered business. We've given them higher taxes, more regulation.
British Panelist 2
Well, there's also a cultural point as well as a political one there, isn't it? We don't encourage entrepreneurialism as much of the.
Chip
This guy can't argue a way out of a wet paper bag. It's also arguing.
Jeff
He's.
Chip
It's also a cultural thing. We don't encourage people. Yeah, dude, that's exactly the point he's making. This is the problem. We don't encourage it. Yeah, we would just. We encourage mediocrity. Right? We encourage. We give money to. To people who don't earn it and then we take it away from our citizens.
British Panelist 1
I think America have got a lot.
Jeff
Throughout the 80s, the. The British would give out adult. As soon as you came out of high school, you immediately went on the dole. They had a massive issue over there because of that. And I believe. I don't know exactly when they changed it, but instead of saying, go to college, get a job, do whatever. Nope, they go on to government, government, welfare, essentially right out of. Right out of high school. And so then they wonder why they have a lack of entrepreneurial spirit or there was no fortitude to go out and build and develop and do things differently. They created an environment of mediocrity. And. And he was 100 spot on with that, you know. Or did you say that someone just said the mediocrity?
Chip
I said, yeah, I said mediocrity. But look at this. As Mark Smithson says, she should be working at Taco Bell. Do you guys have Taco Bells over there? I've seen every other. Damn. That's the other thing. That piss that. That I said to my English buddy one time. I. I got a good buddy lives there. And he goes. And I said, dude, it kind of pains me to see all these American restaurants. I'm really, you know, he goes. And he goes, well, there's no shortage of people lining up to go into them, you know, it's not like. He goes, they wouldn't work here if the Brits didn't go into them. Like, that's a good fair point. But I go, you know, I'd rather like, that does. Like, I don't know if Nero coffee shops are still there, but, like, you know, it's like Starbucks and everything else.
Jeff
Like, I'm not going Starbucks anytime. You saw Starbucks?
Chip
Yeah, I just went the other way. Even when I was in Japan, dude, I was like, I had to get coffee. It was like in the airport, you couldn't get a coffee. You had to go to the Starbucks. And it was like, ah, you know.
Jeff
You know what? In England, to be fair, they need Starbucks because they're called.
Chip
Well, they had this. They had a chain called Nero, and they think they have some. They have a couple other chains over there, too, that were decent chains that were pretty bad. Okay?
Jeff
So everywhere, dude, if you're talking about
Chip
Starbucks, I know if you're saying Starbucks over that, that would be like. You say an Apple over Android. That's horrible. This guy destroys them. I love it.
British Panelist 1
Let's just face it. I think America have got a lot more things right than we have. And I thank every, every day, I thank, you know, God, that we have the United States of America defending us from Russia, defending us from mad Islamists in Iran, defending us from what's going on in the Middle East. I think it's great that we have the United States of America saying, guys, we're going to do this, but here's the conditions. We want free speech. We want controlled migration. We want you to spend as much on defense as you do.
British Panelist 2
I don't want to be ruled by the Americans. And that's what you're describing. There isn't.
British Panelist 1
What's the alternative?
British Panelist 2
The alternative is that we build a coalition of allies in Europe who can band together, okay, and form a credible opposition and a credible base, whether that's economic, military, or political.
British Panelist 1
Okay? So let's interrogate that based on what Europe has done over the last 20 or 30 years.
Chip
See, this guy's right in line. Right? So what happens when, when, when the US Is taking care of Iran, doing the negotiations, what happens? Well, Keira Starmer, you got to have Macron, you got to have Mertz. They all have to get together and to shake hands. And. And now look at us. We're. We're having conversation. We're doing things We're. We're gonna. We're gonna go take care of. And this guy suggests a thing. We'll have a coalition. We'll have people, we'll have meetings.
Jeff
It's so stupid though, Chip. They had a coalition, they had the eu. That was the whole point. It was an economic incentive to pull all the, all the European countries together to build towards a positive outcome for growth. Now, what we've seen with the, with the European Union, it's the exact opposite. They've created crushed countries, they've crushed their spirits, everything across the board. And look at this comment, this is, this is probably the most critical of all comments. And this is exactly one of the problems that you'll see across the board, because exactly why they're coming over there. But their hospitals are full of migrants, all of them. They're draining the NHA NHS system and the pension system. They're there for the freebies, they're there for the free health care. What the Europeans need to do, and they should have been doing all along, go to Europe. You want to go or go to, go to, you want to go to Africa, Go help them and teach them how to build. Don't go and give them anything, don't create NGOs, don't go over there with the UN and just give them handouts. You want to really help them, go and instruct them and teach them how to do it on their own. Don't send companies over there to build and do the construction, the architecture, everything like that. But the problem if you go to a country like Zimbabwe, most of the African countries is that they're all disasters because all those borders are artificial and they're all tribal. So they drew borders that were, that were drawn up by the Europeans. At one point they drew these artificial borders and the, none of, within the border states themselves, you have all these different tribe tribes that are fighting each other. Therefore you have no stability. There was no incentive for development. Then you had issues like in Zimbabwe, right? You had a majority, it was run majority by white Zimbabwe. And then they turned it over. They were kicked out of the country, their farms were repossessed. You know what happened? They went from a net, from a country that was producing and exporting to a country that was reliant on handouts and subsidies from the United Nations. You think the United nations didn't know what was going to happen? Of course they knew it. Because the UN is a multi trillion dollar slush fund that is purposely put in place specifically to dominate and control. And, and, and it's all about the money and the power they don't want these countries to do. Just like in El Salvador, right, The imf, what do they sell or say about El Salvador? When he was moving Into Bitcoin and things like, they're like, no, this isn't going to work. You can't do that. Look what happened? Did he clean up. He cleaned up over there. He had motivation. Zimbabwe is a perfect reflection on, on the problem in societies in Africa. And it's got to be changed. And I, there's some net positives around Africa. I've talked to and done energy business with people in Africa and you just gotta, it's. It's a bigger story. It's such a big. Just let them flood in. And you're not getting the best of the best, you're getting the worst of the worst that are flooding into these European countries. They're gonna.
Chip
Well, we have the same problem. The Democrats did that basically pulled the same thing. I mean, that's your 20, some 23 million illegals. They were just taxing the system. Like the NHS system. It like, here's a comment right here. Right, right. So he's talking about it right here. It's like the NHS was not designed, first of all, it cannot scale to the point of where you're break, you know, and especially when you're popping out seven, eight babies, right? Your basic, you know, especially when the number one name every single month, every single month go back and look as long as you can is, is Muhammad. Okay? So that's not. Those aren't traditional English names. I hate to tell you, I hate to inform anybody, but those aren't traditional. And it's not like you're like, oh, you're anti. No, no, not at all. But if you are going to try to get Sharia law and you're going to try to dominate, you don't want to assimilate. I don't know that a country needs you. You know, it's like, if you're going to go to. If I'm going to go to. If I want to go to Scotland, I want to enjoy Scotland. I don't want to go and think I'm in some other country, right? And like in. Somewhere in Africa or Pakistan or something. I just don't. That's not it. If your culture was so great, stay the hell where you were. Why? And half the time there's a guy that does these interviews, he gets on these one, you know, these sort of channels where you can kind of talk to people. And every single time he goes, okay, let's say there's a conflict between the UK and let's say Pakistan. I know you're Pakistani, but you, you're now in the uk who would you fight for? I'd fight for Pakistan. Why? What are you doing here? England sucks. UK sucks. So why are you here? Like in every single one of these interviews always the same very similar type of story. Or they say like hey, if there was a Muslim country that was in conflict with the uk, who would you fight for? I would fight for Islam. Okay, get out. Goodbye. See you later. Let's listen to the rest of this.
British Panelist 1
Jeff on energy and defense spending.
British Panelist 2
Yeah.
British Panelist 1
Does Europe seem like a credible alternative to the United States?
British Panelist 2
Oh I mean yes. Look at France. They're a nuclear champion. Their energy prices are low. Germany got it slightly wrong by turning their backs on nuclear I think. But you have a lot of good progress on energy in Europe so you
British Panelist 1
should be very interested rely on Ursula von der Leyen than the president of the United States of America.
British Panelist 2
I would like to emulate European countries much more than I'd like to emulate America.
British Panelist 1
European countries that were recently importing energy from our enemies, those European countries.
Chip
This guy's a, he gives a total master class. This poor. I don't know who this kid on the right is. He just got destroyed. He doesn't even know it. I mean Germany shut down all their nuclear power plants. But don't worry, don't worry because France, that's the bastion of progress right there is like France is the vast channel progress, you know. Jeff, here's another thing that happened in the U.K. check this out. I'll go ahead and read that comment first.
Jeff
So Jim is saying the problem with war and colonialization is the transmission of incompatible cultural rub off from the losing side. That's worse than an STD 100 man be very complex.
Chip
100 look at this here. This guy. So hopefully the music's good. But anyway he decided to burn a Quran and watch what happens. Burned a Quran outside a Turkish embassy in London
Activist/Commentator
because he burns the Quran
Chip
outside a Turkish embassy in London.
Activist/Commentator
Islamists are the only freaks of nature that feel like they can stab somebody for insulting their religion. It's a freedom of speech in the uk. If you don't like it, get the
Chip
out of the uk.
Activist/Commentator
Go back to your Islamist country.
Chip
If you want a war, come fight the Asians. Fight the Chinese, Japanese and Koreans. The be a great fight. I love that. Dude, how's that guy? Dude, how is that guy still alive? Like does that guy have security 24? The stuff he puts up man. I, I, I can just watch him all day long. He's fantastic. You want to fight someone? Fight the Asians. Come fight Us. Come on, we'll kick your ass. A Chinese, Koreans, let's go. He's like, you know, because I think he's Korean and he lives in the UK and he's very proud of the fact, you know, but he's like, so assimilate. He's like, if you don't like it, get out. I love that. And then here's Jeff. If you want to see how the UK could potentially be conquered, this could potentially be why right here. I think there's something like third. There's one dude.
Jeff
God.
Chip
You know, basically, you know, somebody seeking refuge in the UK Right, for cultural enrichment purposes, with a knife. And I kind of like, think at one time there's like, 13 police. You know, let's. Jeff, I want your. I want your commentary is if this same incident happened in the U. S, I want to tell you, tell me exactly what would happen. But here they are. Oh, he runs away, and then he starts waving the knife at the other cops. And they all get back up. Let's see. 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11. There were two more off screen.
Jeff
Oh, God.
Chip
Okay, look at this, Jeff. And you want to know why you're gonna get conquered right here? Look at this. Oh, look at this. Oh, now he runs back the other way. Auto away. They're running around a car together, and
Jeff
they're all afraid to charge them.
Chip
Let me cue this up right here, Jeff. The point of where he flashes the knife. What happens in the United states in
Jeff
the U.S. first thing that comes out, you're either gonna. They're gonna tase them, but if he pulls out a weapon, they're gonna draw their weapon, and you get a couple opportunities to drop it. Doesn't drop it. He's being shot how many times he's charging at him. I'm sure with 13 people times 13 people that he's gonna get shot a lot.
Chip
I was like, look at this. This is, like, unbelievable. It's like to tell you, put your weapon down, stand your ground, do not move. Do not move for. Put your. And then you're past the tasing section. Right?
Jeff
Right.
Chip
The moment he starts walking towards the gun, they drop him every time. And it's not just one shots, you know, so five, six shots right in
Activist/Commentator
there, and they're down.
Chip
And then they go kick the knife away. And. But meanwhile, you got, like, this. I mean, you think this is parody? It's not parody, man. This is just how it is, because they don't even have guns, and they do have stun Guns, I don't know why they don't have tasers. I don't know.
Jeff
They don't even have a night stick. You're right, they don't have a nice stick. Nothing.
Chip
That's tough. Look at that. And they have a university. Sorry, they have a university in Birmingham, Birmingham uk, that teaches Muslims how to make bombs. I found this out from a police officer high up in his position. Are you kidding me? Like this is where everything's gone wrong and what happens is it's a leftist mind woke virus. Because if you are against this of your country being taken over and conquered, you must be racist, Jeff. Yeah, that's what it is, you're racist. I can't believe it. You're anti Islam. Meanwhile, kill the Jews and the Christians all day long. But, ah, no big deal there, that's fine, but let's defend them to the nth degree, you know, I mean it's, it's, it's, it's, it's an insanity.
Jeff
From Jim D. No one wants a shoot. To avoid the hassle of writing the reports and take mandatory time out for internal review. That's, that's the other part. You know, it's easier, it'd be easier to tase, but someone comes lunging at him with a knife, you know, it's a, it's a deadly weapon. They're not, they're not walking out of their life. Just how it's going to be.
Chip
Yeah, I gotta, I gotta show, I gotta play this to think about that. They, they asked Trump about something. Prince Harry said. This is Trump's response. Isn't this. Harry today has said that he would like to see you do more to end the war in Ukraine. Do you think it's appropriate for a royal to make the comments ahead of the visit on Monday? Prince Harry. Yes, sir.
Jeff
How's he doing?
Chinese Commentator
How's his wife?
Chip
Please give him my regards. How's he, how is he doing? Please. How's his wife doing? Please give him my regards. Oh God, that is some funny there, man. Yeah, he's gotta love it. You know what, here's Japan, here's what they think about in Japan. Jeff, I gotta turn this down, it's really loud. Okay, let me just turn this down a little bit. So what she says, Japanese, Japanese emotional about mass immigration. So she says things continued like this. Japan will become a country with high rate of rape.
Activist/Commentator
No, Japan has like had 10 Pakistani immigrants and they're like, no, that's enough. No touchy touchy, no touching. Japanese students and before you tell me that Japan is racist, have you seen a love affair between, like the southern American culture and Japan on X? They're like, oh, my God, we love American culture. We love the monster trucks. We love the barbecues. We love everything Texas. Japanese people are just loving American culture. And of course, American culture loves Japan back. It's just so nice to see these cultures mixing Asians and western people. We just love each other very much. We don't want degenerate behavior and we're learning from each other. And it's just so nice to see the world uniting against inbred retards.
Chip
Well, that's why you have a 68 IQ. I mean, you got years of inbreeding will produce that, you know, I mean, they did a survey. I was like, they did like a thing in Pakistan. It was like 68 to 72 is your IQ and that's considered, like retarded in the United States. Like, you can hold out a job, you can't function. But I think that's why they're all on the dole over there. Pretty much, right? Look at this. So, mom, Donna, you know Ken Griffey who owns, what's that big, big investment firm he owns. Anyway, he was going to build these massive audience offices in New York City. And then dami started with this like, tax the rich shit. Look at this.
Unknown Guest 2
Mayor of New York getting pushback from billionaire Ken Griffin and his company called Citadel. Griffin threatening to go forward, not go forward with his planned project in midtown Manhattan that would create, he says, 15,000 permanent jobs.
Chip
Now, this all started when mayor Mamdani made a social media video pushing for his and the governor's pied a terror attack and doing it right in front
Legal Expert
of Griffin's apartment on Central Park South. Griffin bought it for $238 million back
Chip
in 2019, even though he's not technically a New York City resident. Oh, politics in New York City.
Unknown Guest 2
NJ Burkitt live in midtown Manhattan with the mayor's reaction. And what happens now?
Reporter
Yeah, Bill.
Outside Griffin's apartment here on Central park south, this is where mum does made his video last week. He campaigned, of course, as a democratic socialist. And he insists tonight he's doing exactly what he was elected to do. So a clash with the city's billionaires was all but inevitable. Mayor Mamdani was making no apologies today. Asked if he regrets the video, his answer was simple.
That home, when it was purchased, was the most expensive home in the United States of America.
Last week, the mayor stood outside 220 Central Park South.
Today we're taxing the way to promote
a new tax on ultra luxury second homes.
This Pierre to tear tax is specifically designed for the richest of the rich, those who store their wealth in New York City real estate, but who don't actually live.
Case in point, the penthouse on the
53rd floor, which hedge fund CEO Ken Griffin bought for $238 million.
Griffin lives in Miami, CEO of Citadel, a hedge fund that employs 2500 people in New York. In a memo to the staff, the chief operating officer wrote, quote, it is shameful that he used Ken's name as the example of those who supposedly aren't carrying their fair share. Griffin and the staff paid $2.3 billion in city and state taxes, he said, and Griffin himself directed 650 million in charitable gifts to city and institution.
Chip
See, if you're a Democrat or a leftist, that's not enough. Like if you're, if you're building a train to nowhere over 25 years and you know, it's supposed to be this, you know, not a bullet train, but a speed train between two locations and nothing ever gets built. But you sent the $20 billion on it, this is what happens. $2.3 billion in city and state taxes. And Ken Griffith himself directed 650 million in charitable gifts. Sorry, Jeff, not enough. We got to tax some more because he doesn't live here.
Reporter
That their planned 1600 foot tower on Park Avenue will create over 20,000 mostly permanent jobs. Then adding the project, if we move forward will entail more than $6 billion of spending. If Griffin is reconsidering, Mamdani seems unconcerned.
I am intent, however, on balancing this budget in a manner that asks the wealthiest and the most profitable corporations to pay that little bit more so that everyone can.
Chip
It's always a little bit more, Jeff. You remember, like, well, we don't remember this, but 12th, 1913, when, when the, when the Federal Reserve was founded, there were no state income taxes, all paid through tariffs. Trump brought the tariffs back and oh my God, it can't work. Well, it's the only thing that funded the United States. 2013. I mean, 1913, sorry, 1913. And all of a sudden they came out and they said, you know what, we're going to have an income tax, but don't worry, it's just going to be the rich, the ultra rich, the 1 percenters. They're going to pay their fair share. It's how it all started. Well, last time I checked, Jeff, we're filing income tax before April 15. Most of us are getting an extension till September. But that's how it works. It's always the same thing. No, just a little bit more. And then they'll squander the money. How about you look at the budgets? How about you cut the budget for all the illegals coming into the city? About the part of town that voted 65, 70% for mom dummy. Until they started resettling the migrants there. Then all of a sudden, now they're
Reporter
trying to sue him or to live in the city. And that means Ken Griffin, and that means so many others across the city. And that also means those who would love to join us in the city.
Mamdani believes he won a mandate destined perhaps to clash with the city's billionaires.
They will do everything they can to prevent their grip.
Chip
Yeah, I can't play that song. Villainizing the wealthier people that are providing a lot of the jobs for the middle class. Ultimately, you get a smaller pool of jobs for the middle class. And then who wins in that environment? Who wins, Jeff? It's all. It's all. It's all just mom diamond. Well, that's what he wants to do. He wants to tear down everything, and then he wants everyone to leave. Then they buy the cheap real estate when it crashes, Then they build it back up. It's exactly what he's looking to do. Yeah, here's another. Here's another bright bulb on the. On the side of the left.
Unknown Guest 1
Criminal offense, it's actually not a crime. What's not a crime to come talking
Chip
about is illegals coming into the country. This guy's kid says it's not a crime. Here's the brightest of the bright.
Legal Expert
A criminal offense.
Unknown Guest 1
It's actually not a crime. What's not a crime to come across the border?
Legal Expert
It's not.
Unknown Guest 1
It's not a crime.
Legal Expert
Under what. What says that? What in the US Code or what
Unknown Guest 1
u. S. Code says it is a crime?
Legal Expert
Title 8 right here. This is title 8 in the u. S. Codes right here. 1325. It is a criminal offense for illegal entry. It's a criminal federal misdemeanor offense. You get fines and jail time if they want to prosecute you criminally, but they actually just do it civilly and just depends. Deport people and send them back home, which is very gracious.
Jeff
Yeah.
Unknown Guest 1
Well, I mean, illegal entry.
Legal Expert
Yes.
Unknown Guest 1
Can you define a legal entry coming
Legal Expert
into the country illegally and unauthorized?
Unknown Guest 1
That's kind of cyclical definition, though, if
Legal Expert
you call it coming into the country unvetted with no documents and no paper Unauthorized by the United States.
Unknown Guest 1
Well, not all of them are coming in without documentation. Like, they might come in with a passport or a visa.
Legal Expert
Well, let's go back. You first said that it wasn't a criminal offense. But it is. Did you know that?
Unknown Guest 1
I mean. I mean, if you come in, like, without showing your thing at the border, like, I mean, I've been out of the country, I've come back in. All I've had to do is show my id.
Chip
These are truly some of the most stupid people in the world.
Unknown Guest 1
Other people outside of the country have visited me. All they gotta do is show their passport.
Legal Expert
But we're talking about people who don't have a passport who come into the country illegally, unvetted, unauthorized. They are not citizens. They are. They're trespass.
Unknown Guest 1
About a third of the people in
Legal Expert
those camps, but that's fine. Well, no, most of them, actually, nearly all of them, are illegal aliens. And that is a criminal offense, as I've just showed you. So they have all committed a criminal federal crime.
Unknown Guest 1
All right, man. I mean, did you know that? I mean, until now. That's not what I've heard.
Legal Expert
Who. How did you not know that?
Chip
But he said it. What I've heard, what I've been told, what I've been instructed to say. It's like, never a little bit of curiosity to go like, huh, I wonder if it is a crime. Maybe I'll still Google it. Is it a crime to come in the United States illegally? Yeah. Boom, there's the statute. Everything never dawns on these people at all. Right, Just recite the talking points, Jeff.
Legal Expert
I mean, before you come out here and set this stuff up, you were just willing to tell me that, like, it wasn't. It wasn't a crime, but it absolutely, absolutely is.
Unknown Guest 1
Yeah, but all you're doing is showing me a paper here.
Legal Expert
If you want to look it up, you absolutely can.
Unknown Guest 1
Sure, I'll look it up.
Legal Expert
Yeah, go ahead and look it up. So what does being a sanctuary campus mean to you?
Unknown Guest 1
Being a sanctuary campus? It means that you're safe here.
Legal Expert
Who is safe here?
Activist/Commentator
Anyone?
Legal Expert
Anyone?
Chip
Sure, yeah. He's almost gonna say illegals.
Legal Expert
Even the people we just talked about that were criminals?
Unknown Guest 1
Sure.
Chip
Yeah.
Legal Expert
Okay. Who has more of a right to this campus and sanctuary on this campus? The women who go here and live here are students or just a random person from Mexico that came across the border and doesn't want to be caught by ice. Who has more of a right to feel safe on this campus?
Unknown Guest 1
I would say they. They both have a right to be here.
Legal Expert
And how does the illegal alien criminal have a right to be on this public campus?
Unknown Guest 1
By making this campus a sanctuary campus.
Legal Expert
No, how do. What right does he have to be here?
Unknown Guest 1
That he's a living, breathing human being.
Legal Expert
He is, but he's unvetted. Does that concern you at all? That a sanctuary campus would allow unvetted people?
Jeff
You're unvetted.
Unknown Guest 1
I have.
Chip
This is a nut job, dude. It's just an absolute nut job. I mean, 100%. I don't even understand where these people are coming from half the time, Jeff. It's just, It's a total insanity to me.
Jeff
So crazy. They're absolutely insane nut jobs.
Chip
Well, it's funny because Craig says here, he says, we need Nigel Farage. I used to think the same thing. I used to love Nigel Fries. But Nigel Farage was saying things like, oh, we. They're already here. We got to make them citizens. No, that's not the Nigel Fraj I know. That's not Trump's buddy that I know. The guy that we need to. Rupert Lowe is the guy, in my opinion. Restore. Reform. What is it? Restore. Restore Britain.
Reporter
Right?
Chip
Is that the one? His party? I think Rupert Lowe is a lot stronger of a candidate. I love the fact that he's in. He's got a lot of movement. Movement, a lot of people following. And the fact that he's got a better thing like, hey, deport everybody. Let's, let's, let's get back to basics here. And Nigel Fries has gotten really soft. And I used to be a huge. Nigel, the guy. That guy got me pissed. That's why they all got you pissed. You can't fix stupid, man. You can try all you want. You just can't. There was a, there was a, you know, what's his name? Jimmy Kimmel. He's the. He still has a talk show. But anyway, he was doing his mock. He does, yeah, he was doing his mock prep. You know, the. What they had the other night with the press. The, the press gag or whatever it was, you know, where they make fun of each other and it's supposed to be a fun night. Listen to what he said about Milani here. Jeff, this is way over the top. Our first lady Melania is here. Look at mo.
Unknown Guest 1
So beautiful. Mrs. Trump, you have a glow like an expectant widow.
Chip
Hahaha. A glow like an expectant widow.
Jeff
Not even funny anymore.
Chip
Yeah, it's just, you know, make, make, make jokes that are funny, man. Like someone waiting for the husband to get killed. I mean, like you're expecting to be a widow. It's. Come on, Jeff. It's just got. It's got to be too.
Jeff
And that happened a couple hours before the shooting attempt yesterday.
Chip
Yeah, it's, it's, it's. How about this one, Jeff? But you didn't know this either.
Jeff
Yeah. Robert Lowe.
Chip
Restore uk. That's it. Restore uk. I like that. I think Robert, Rupert Lowe's a really strong dude. Not sounding like Nigel. Nigel's always. I've loved that guy forever, but I just don't think he's. I think he's missing a few points and I think he's not Trump esque like Rupert is. And I love how he's just, boom.
Chinese Commentator
I didn't know this, but I'm Chinese. And if you tell me any different, you are a racist. Well, that's what's happening in Germany because some of the contestants from Miss Germany are locked down in a hijab. And guess what? Instead of a woman who grew skin in a bio lab to save animals from animal testing or a German woman in the Bundeswehr, they chose a Syrian born twitch streamer who assumed that the body contains 50 liters of blood. This is the woman who's going to represent Germany. Syria. That is the country that Angela Merkel has taken in 1.3 million Syrian refugees who have probably raped more women than the total number of Syrians brought in. Out of the nine contestants, two of them wore head prisons. Yes, two out of nine. And of course the head prisons.
Chip
Head prisons.
Chinese Commentator
Indigenous Germans never stood a chance. Welcome to the future.
Chip
It's gay.
Chinese Commentator
And did you say head prisons? Head prisons.
Chip
You know, for the H. I can't
Reporter
get out of my head prison because
Chinese Commentator
my husband said no.
Chip
Oh, head prisons.
Unknown Guest 1
I'm going to call it that.
Chip
Head prison. I like that. If you call. He's Chinese. And if you say anything different, I love when they say like, yeah, I'm Irish, I'm English. No, you're not. You're. No, you're not. I mean, what do you think? You know, you're. It's. No, no. What do you. What kind of, what kind of stuff you trying to pull here? So anyway, Jeff, that's, I think all the time we have, I think went
Jeff
over about 20 minutes, but it's an hour 20.
Chip
Good talk a little bit.
Jeff
Good commentary.
Chip
How about, how about this? You like this? Handle Arabia. Islam, a warlord. Death cult of genocide. Pretty much death cult 100 Arabia. That's right, Arabia. This one here. White men cross an ocean stole Land, piece of paper. It gives them the right to keep others out of what they stole. But denial is their way. Well, it's happened all over, everywhere, everything. Everybody was someone's land at one time. But you almost wish there was more colonization in other places, because they didn't really change all that much. They kind of just stayed third world. And, you know, I'm thankful for the colonization of the English. Thank God, man, because you can go anywhere and speak English, number one. But if there wouldn't have, how. What advancements would you end? Can you imagine India without the English? Can you just imagine, Jeff, what India would be like today if the. Without the English involvement? I mean, I just. I personally cannot even understand that, personally. So a lot of good came out of it. You could say. Well, the funny thing about people say, like, oh, well, the US Stole the land from the. From the Native Americans. Well, the Native Americans didn't believe you could own anything. That's why they sold. That's why they sold Manhattan for 24 bucks or whatever. There's like, nobody owns the land. We just go wherever. So, you know, I mean, and then you look at. But. But almost in almost every single place, there were other people there before the people who ended up there. And then the only. And then, you know, that rule applies, Jeff. Unless you're Jewish. Then the. Then the state of Israel 3,000 years ago. No, no. Oh, no. It's like, that's the only time that argument doesn't apply. It's on.
Jeff
Exactly.
Chip
All right, guys, good night. Craig. Yeah. Let's get back to good work. Good night. Yeah. I appreciate you, man. Thank you for coming here, sharing your perspective, as always. We love you. All the perspectives shared here, always. Good, bad. So it's always good to hear from everybody. That's all I have to say. Jeff, you want to.
Jeff
That's it. Appreciate everyone being here with us again tonight on your Sunday evening or your Monday morning, wherever you're tuning in from.
Chip
Sorry, still's mistake. I mean, hit that. I was like, bam.
Jeff
Whatever. Wherever you're tuning in from, but appreciate all you guys. And we will check you guys out on the next one. Wednesday, 8:00pm Eastern Standard Time.
Chip
We'll be back, guys. See you then. Chip and Jeff.
Jeff
Ow.
Chip
Are you down with otc? Please, like, subscribe and click the bell to be notified when the next video drops.
Date: April 27, 2026
Hosts: Jeff and Chip
In this lively and politically charged episode, hosts Jeff and Chip discuss the intersecting crises of financial transparency, political instability, and global migration—through the lens of blockchain, crypto regulation, and especially XRP. Beginning with the shock revelation that $14.2 trillion is locked inside opaque US NGOs, they explore how blocked election results, redistricting battles, expanding geopolitical tensions, and lack of transparency all represent systemic failures. The discussion returns repeatedly to the core thesis: blockchain and crypto—especially projects like XRPL, the Flare Network, and Bitcoin—offer solutions to these crises by providing real-time settlement, auditability, and transparency.
The episode's tone is urgent, unapologetic, and at times provocative, combining deep dives into legislative news (like the US PACE Act), global stablecoin flows, the latest on Ripple’s corporate expansion, and no-holds-barred commentary on political and social upheaval in the US, UK, and Europe.
Blockchain for Transparency:
On Regulation:
Ripple as Financial Engine:
On Immigration & Cultural Erosion:
Satirical Observations:
“It’s all about going back to basics—a system built for transparency. None of these bills add up if you don’t have clarity. And the world’s watching.”
— Jeff [13:57]
“Ripple is building the foundation for everything. Very, very cool. Love to see that.”
— Chip [18:45]
If you missed this episode, you’ll want to catch up for:
For future episodes and live engagement, follow On The Chain on Twitter and YouTube.