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On The Chain - Blockchain and Cryptocurrency News + Opinion
They’re Putting XRP on Balance Sheets
01:16:21
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- [00:01]
A
Welcome to on the Chain. This is Jeff here with co host Chip. What is going on? Chip, what's going on? Everybody out there in the on the Chain community, you know who you are out there? That one person over there sitting somewhere in a chair. Hey, we got you right there. So, man, there is some great things going on here. We got to get into it. They're putting XRP on balance sheets. What is this all about?
- [00:27]
B
I don't know.
- [00:29]
A
Just another headline. Well, you're missing what's actually happening. This is really important because this isn't about price, not about speculation. This is about control of money. And once you connect what's happening here, well, to stable coins, treasury strategy, and global finance, this gets a lot bigger.
- [00:49]
B
Yeah. Where things are starting to line up because you gotta vote. Institutions, institutions moving capital while the system itself is being rebuilt underneath. And XRP is sitting right there in the middle of all that. Let's just go ahead and break this down. Jeff. Why don't we just break it down?
- [01:10]
C
Welcome to on the Chain.
- [01:15]
B
Oh, oh, oh, oh. Guys, where are we coming in from tonight? Go ahead, Jeff. Take her from the top.
- [01:22]
A
Well, we're going to get right into this Chip because this move with XRP is the starting point. And this is one of those moments where if you're only watching Price, which we're just talking about a second ago, you're completely missing the point. You're missing the signal. So here's what just happened. Gonna summarize. We're going to dig in, tear this thing down, but you've got a company preparing to go public on nasdaq, hundreds of millions of XRP on the balance sheet. And let that sink in for just a second. We're talking about a Treasury position, not just a trade or not a trade. It's backed by institutional capital, not retail speculation. So this isn't someone buying XRP because they think the price is going up. This is strategic positioning. This is exciting, Chip.
- [02:06]
B
I think so. I think it's really pretty cool because we've kind of been seeing this going this way for a long time, but it just seems to be so many different things that are sort of like coming out about this. And this was a cool post that Jungle did some. He's been doing some really good research. Jungle Inc. And he put this post up here that ripples. Clo. Stuart Alderote just joined the board of Evernorth. Of course, we're trying to still get ever north on the pod here. Ashish Barla and the XRP treasury company Going public on NASDAQ under xrpn, right? XRP north and Ever North. What a cool symbol though. Xrpn. Who thought we'd ever see that?
- [02:47]
A
I didn't think we would.
- [02:48]
B
Yeah, it seems weird we may actually see more XRP with a different letter on the end. But like you said, really not a coincidence. Evernord filed this amended S4 at the SEC the other day. And then. So you have $1 billion raised. There's 473 million XRP in the treasury and it's backed by Ripple, sbi, Pantera, Kraken and Arlington. You know, the usual suspects. The MicroStrategy playbook, but built for XRP and trade FI gets structured equity exposure to XRP without touching a wallet. And having Stu Alderati on the board basically ties Ripple directly to the first major public XRP treasury vehicle. And it's an institution infrastructure built in real time. What do you say about that?
- [03:33]
A
473 million XRP.
- [03:37]
B
It's a good chunk of. I wish I had a few of those. Be honest with you. I have a few. A few here and there, you know, and million.
- [03:46]
A
That's all I'm saying.
- [03:46]
B
Well, imagine what that's worth once it goes to 4, 5, 7, 8, 12, $15 at some point. But yeah, it's a pretty cool proposition when you think about it. It's like everyone, everyone's always ripping on MicroStrategy. They're like, well, that's. Now it's just called Micro. It's so funny, right? They changed the name a year ago. Still calling it Micro. You got nut jobs out there still calling it ct. Crypto Twitter. Well, that died three years ago. Nobody knows it's been called X for three years. And nobody's like, oh, I don't know. Some. Some people, their habits die hard and they just can't figure it out. I don't care. I'm always going to Twitter. Okay, old guy yelling at kids to get off your grass. Good job. You're really good at that.
- [04:28]
A
Everyone else calling it X. I always
- [04:31]
B
call it X now. I mean, I always slip up. But you know the. But I like how they say CT on crypto Twitter. They came out with the name Crypto Twitter. It's a whole thing with Crypto Twitter. I guess Crypto X doesn't work as well or something. I don't know. No, I don't know. You know what, what the. What the.
- [04:49]
A
And now you just make a. An X post or a post up on X. How about that? Can't TWEET about it.
- [04:56]
B
Yeah, well, that's the whole thing. Is it really still called a tweet? Twitter tweet X post. As I say post, it's like. But put a tweet. Is it a tweet if it's no longer a Twitter? I don't know. Maybe it is.
- [05:07]
A
I think it's a post now. I mean it, it could still be a tweet. You're tweeting it out, but I think it's now a post. People are going to reference it as a post.
- [05:16]
B
I think so. I mean that's what I, I say that but I mean.
- [05:21]
A
And logical to most. Was it the other way around?
- [05:30]
B
I don't know, something like that.
- [05:34]
A
But anyhow, man, that was, that was pretty impressive news considering where the direction that Evernorth is going, considering the direction that we keep talking about. It's about the institutional play without the institutions, without the development, there's no price movement. Is there going to be massive price movement as this thing starts taking shape and getting legs? It's not going to happen tomorrow. Give it some time. We got to look at all of these different components kind of stacking up. I think the entire crypto space has now moved into a very interesting scenario similar to the dot com boom era when we started coming out of the post boom, you know, where anything with a doc is worth millions on, on paper to all of them are gone. And unless you have a balance sheet that can show some sort of path towards real profitability, not going to happen. You know. And so now we're starting to see these companies starting to stack up that are traditional companies building, supporting brick and mortars, supporting institution. All of the things that we've been talking about for all these years. And it's starting to come into play. And what's the backbone infrastructure the XRPL has? I think it has a head start. There's going to be obviously others that are vying for that position, which is a good thing because Chip, if it was only the XRPL vine for the position, I think we'd be in trouble. I think, you know, probably would lose.
- [07:09]
B
Keeps people on their toes as you know, any kind, you know, two major, three major competitors, always kind of shooting it out, trying to out innovate each other and the market's big enough. That's the other thing. Or like people still want to be tribal and say, well there's the only one. It's that. That's just a silly conversation. I mean there's plenty of room for, you know, so much of this to, to, to be part of it and I don't know why people but. Well, you know what's not changing though? You know what's not different? Price. Price isn't increasing. Great news. Nothing. Price tanks excellent news. Price tanks even more right. Look at this.
- [07:44]
A
XRP is always stable. It's a buck 33 doesn't.
- [07:48]
B
It stays right, it stays in a range. You know, here's Sherlock D5. Put this on a major announcement. The XRP ledger roadmap getting a 550000 audit contest. I don't know if that's. I guess it's dollars and dollar sign. 150000 collaboration with Ripple X We're putting the upcoming XRPL features under two week feature unlock security review content starts Monday. And so let's take a dig a little bit into what that looks like. Now this is kind of interesting that this came about because recently there was sort of a bug going on in Townsville. I don't even know where Townsville is. Where is Townsville? Somebody's from Townsville. I don't even know.
- [08:28]
A
No clue. Old town Vallejo.
- [08:30]
B
Here's the land of the commie San Francisco minor. San Francisco is man, it used to be a great town man, it really got run down.
- [08:40]
A
San Jose is losing massive interest at this point. So many people are fleeing San Fran and San Jose. Oh yeah, ghost town over there.
- [08:50]
B
We're going to San Jose and I remember going to Mountain View and visiting Google. I remember, you know, and my travels and, and going to San Francisco twice a year and going there for meetings. A lot of tech used to run out of there. They, they left and the city's a mess and just an absolute shame. Inside the XRP audit contest look at. So we're not going to go through everything but the whole idea that they're having this is kind of cool because the whole idea and that's the way the contest sort of works. Jeff. There's a. Each features independently unlocks a portion of the total reward pool based on the highest valid severity found. So they're sort of gamifying finding flaws, right? So it's like if you find like one low hanging one, like a very like small one one it unlocks $8,000. If you find like a medium one and I don't know how they qualify this, it's 20 grand. If you find a high one it's gonna be 150 grand, right? So and if you get a critical one bank 110k. And this is happening for two weeks so only the highest severity one will determine how much that feature unlocks.
- [09:57]
A
It's pretty cool.
- [09:59]
B
Yeah, it's fun. It's a fun way to do it. You can go in there and see what you can do. Now the reason they design it that way is because in a standard auto contest, researchers tend to dogpile into the most obvious or high risk corner of the code base. You know, if you're going to figure out a way to win, you're going to figure out a way to win. Right. So we wanted to change that. In this structure, every feature with a valid finding unlocks more of the total pool. So at the same time the severity still drives the final payout weight. But a critical one is worth 20 times a low one in the distribution. So talk about the things that are in scope, things like batch transactions, permission delegation, mpt, dax, confidential transfers, the mpt, you know, sponsor fees, reserves. So you know, it's just cool that they're having it. And you take this one here, Jeff, what does it mean for the xrpl?
- [10:47]
A
What does it mean for the xrpl? That's a great question. So, and they're gonna, they're actually breaking it down in this article?
- [10:55]
B
Well, it means it'll be flawless, hopefully.
- [10:57]
A
We're gonna find out here in a minute. Let's see, this is really, this is really keyed in because we have to see exactly, you know, how this is going to have an impact. So XRPL uses amendments to introduce and activate changes to transaction processing behavior on the network. When a release touches this many areas of protocol functionality at once. Transaction execution, delegated authority, market access controls, token rails. The surface area justifies serious structured attention from external security researchers. That's exactly what this contest is designed to deliver. So explain that in, in kindergarten English.
- [11:37]
B
Yeah, basically they're trying to root out the any kind of potential issues given dolls of money to, for people to figure out how to find it. Because you weren't giving out like you need to find a low one. Eight grand is pretty good, right? 20K is pretty good.
- [11:48]
A
You find something pretty nice. I think so, yeah.
- [11:52]
B
There's a lot of money at stake here. $550,000. It's not, it's not like they're having like a $50,000 bug fighting contest and then cares, you know, they report like you said, like they said, they dogpile on the most obvious one, someone collects it and that's kind of how it works. But researchers, you know, it's pretty good. So Sherlock and xrpl, what is the Sherlock.
- [12:12]
A
This is our. The first. I like how it's Sherlock. So this is our first audit contest in collaboration with Ripple, focused on upcoming features on the XRPL Roadmap has one of the longest running blockchain networks in production. XRPO is introducing protocol level functionality that benefits from broad competitive external review. We're glad to be facilitating that process through Sherlock and we think this feature unlock structure is a strong fit for a release that spans multiple areas of new functionality. This is really cool. I think, you know, seeing that there's going to be more engagement. This really gets people excited about tearing apart the technology and truly getting in, making sure that it works, but also making sure that you have a full complete understanding of the functionality from all different aspects of it. So this is a, this is a net positive for the space and we need to see. I would like to see how many people are engaged in, in this. How many people are looking. Be great to see the winners because it's a short, it's a short run up. It's not going on. What was the date on that?
- [13:23]
B
Tomorrow starts tomorrow for two weeks.
- [13:25]
A
So then it expires in two weeks. So that's it. You know, hopefully we'll see some good track record progress. People that are programming in, in the space and they want to start having a chance to earn some money. This is pretty. It, that's pretty. It pretty much
- [13:43]
B
is. I wanted that new model that Anthropic was going to release that finds all the security holes and found like security holes and software from 25 years ago is supposedly safe. I want that. I just want to let it loose and then start making the money, man. Start making the dough. Like if you're working Anthropic and use that model internally, let it loose, go out there, find all the bugs, you know, that'd be fantastic. It's. It was Mythos which they. It sort of got out a little bit early that they were going to release and they basically said it's too dangerous because. Because it would find it's already found too many exploits on the web and it would just wreak havoc for cyber
- [14:20]
A
security, which is a problem insane. So that means if they have it, somebody else has something similar that they're working on rolling out and that could be, you know, if you have any state sponsors of diabolical intent, China, Iran, if they had some organization left North Korea where they're spending huge amounts of resources on stuff like that.
- [14:46]
B
Yeah, you know, if we keep hearing about the dollar like the. I saw people posting Today the US dollar is dead. The US dollar is dying. I'm like. And then I see something like this, which kind of like, you know, the, the USDC, which is circle the volume in the EU surged 109. Okay, so basically over double in six months. Now, last time I checked, Jeff, EU doesn't. Isn't traditionally used the dollar per se. Right. They have their own stable coin. But why are they using usdc? Because the dollar is stronger, maybe. I mean, it's just interesting that we keep hearing about Europe is getting. Moving away and Cure Starbuck doesn't want anything to do with the dollar. And meanwhile you got Europe surging 109. That's in six months. It's not like last year. It's six months.
- [15:30]
A
I don't care, honestly, I don't care so much what Spain thinks they can do or want to do or what the UK thinks they want to do. I don't think it's so relevant because they can't. Bottom line. I know they're not relevant. The EU is a joke. Almost. Almost relevant, but not. And then the euro. Come on. You know that these people that are, that are talking about the collapse of the US Dollar are the same ones that, that promoted the bricks. Oh, the bricks is going to be everything. The bricks is going to destroy the dollar. The same people that are going after Trump and saying how horrible things are going and you know, etc. Etc. They're. They're going to come up with all these flawed narratives and they're going to try to stack up inconsistent thought processes and it just in. In congruent logic and, and then this is the outcome that we get. It kills me. I see way too much of it on, on X. I see people tweeting to. Too many people tweeting on Twitter.
- [16:38]
B
Twitter? I never heard of it. Twitter? Yeah. I don't know, Jeff. I spent most of my time on MySpace. I don't know, I've never heard it.
- [16:47]
A
Yeah, MySpace, that'd be awesome.
- [16:50]
B
Holy cow.
- [16:51]
A
MySpace. Don't want to go to your space, but you better want to come to MySpace. Maybe that was the flaw. Flaw in that one. Come to MySpace, come and hang out MySpace. And then you'll be like, well, what about MySpace? Like, I don't want to go to your space. Come to my space.
- [17:06]
B
Here we go. This is still, like, you probably know this, but it's still there.
- [17:11]
A
No way.
- [17:11]
B
Oh, yeah, but it's not. It's rebranded itself. You know, it's rebranded itself, but because now music and videos and stuff like that. You know, it's. But it's there in my space. Know.com. it's rebranded itself years ago, but that
- [17:26]
A
makes a lot more sense to be like music and. And stuff like that.
- [17:31]
B
You know, I got albums, a lot of music news going on here. MySpace. It's not the same on MySpace. But, yeah, they rebranded, I don't know, five, six years ago, whatever. But yeah, and I noticed that they were. I haven't been there for an Ever, though. I wasn't really into the whole MySpace thing.
- [17:46]
A
I ever logged into my, like an
- [17:47]
B
early version of Facebook where you could show. I think I had a MySpace page. I don't even know what happened to me.
- [17:51]
A
I never did. I've never logged into MySpace ever.
- [17:54]
B
Here he goes on the crypto in America, which is Ellie Terrence, one that she does with those two other individuals. They had Patrick Witton, who's, you know, works in the Trump administration. I saw him live. It's swell. He was. He just looks like Eric Trump's brother or something. I don't know.
- [18:13]
D
And I, I can't say that I've spoken with the chairman of.
- [18:16]
B
So this is him kind of talking about what's going on.
- [18:19]
D
That's scary.
- [18:20]
B
Doesn't he look like him? I saw him in person. I said, is that. It's kind of got an Eric Trump look to him. It doesn't. He.
- [18:26]
A
It's like, oh, my God, that's scary, man. Over it to him, like, yeah, he definitely could.
- [18:34]
B
Crazy, you know, the undisclosed Trump brother. So anyway, here he is talking to crypto America. He's talking about the. He drops a little something here in this little comment. Listen to this throw out.
- [18:46]
D
And I, I can't say that I've spoken with the chairman of Ways and Means in the House, but there is discussion of reconciliation potentially sometime in the fall. And so we will look to see if there's an opportunity to potentially address some of the tax bills that have been talked about in Senate and the House during that time. Again, there's going to be a lot of different considerations, not just crypto, but if there is a reconciliation process, we would hope that there might be an opportunity to add some of those provisions in there. So that's just something to keep in mind. I know that some of the industry stakeholders that that's their top priority are very keenly aware of that. But maybe for some of the others that market structure has been the only topic they've heard discussed there. There might be an opportunity for some further crypto legislation if that comes to pass.
- [19:37]
B
That's sorely needed, Jeff. Some especially around taxes, around crypto taxes. That's gonna drag out knockdown fight. I can see that already. And here's another one they were asking about what about the Clarity Act? Like, we've been. What's going on with the Clarity act
- [19:52]
A
from when Congress returns next week. If yield is wrapped up, there are still a few outstanding issues. Can those kind of realistically get ironed out in the next couple of weeks?
- [20:01]
D
Rewards and yield was that issue that everyone knew had to be solved before the other issues could be addressed. Otherwise, you're kind of wasting effort on the other ones. Because we knew that rewards and yield, without that getting wrapped up, we were never going to make it to the other issue. So I think there's maybe on the part of certain Senate offices a realization, oh, wow, this rewards and yield issue that we didn't necessarily think would get resolved. Perhaps it looks like it is and we better quickly engage on these other issues. So there is definitely a resuscitation of the other outstanding issues right now and a lot of engagement energy going back into those because people realize we need to quickly close those out if we're going to move this bill forward.
- [20:48]
B
That doesn't sound very encouraging.
- [20:51]
A
No. Ozzy said he's like, if Eric Trump and Garland House had a baby.
- [20:56]
B
There you go.
- [20:56]
A
I was thinking the exact same thing. Like, he's like the cross of. Of the two of them, he's a
- [21:01]
B
little bit Garlinghouse, a little bit Trump. Eric. Yes. That's pretty wild. That's good observation, Pete Hendricks. Just pull my finger. Win a trip to Vegas. No, I'm gonna go negative. I guess I can do that virtually. It's not going to hurt me too much. No. SBDs. No, no, no, no. That's not happening.
- [21:24]
A
Not gonna happen. Not gonna happen.
- [21:26]
B
Ain't gonna happen. It's not gonna happen. Jeff.
- [21:29]
A
EU is taxation without representation. You actually vote for. There you go.
- [21:34]
B
Exactly. You have a. You have this unelected bureaucrats that will decide for you everything.
- [21:40]
A
Just like in Canada.
- [21:41]
B
And it is a sad day in Europe. We'll get. We'll get into it. But Hungary, Viktor Orban lost the election, which gives me a lot of pause because knowing the Hungarians and how proud they are and how much they were, the polls were for keeping the intruders out. They're going to get conquered. You want to watch. You want to watch Joe Biden level of. Of conquerors come in? It's coming. But like I said about New York, if the. If it wasn't voter fraud if it really. Because it's hard to believe that that would happen with the Hungarian people, because the guy that won is a complete ass hat nut job. A lefty left loon nut job. You know, he, he put on the slick and the blah, blah, blah, and he, you know, dug into, like Hungary's ancient history. And what we have to remember, they always come to the center or far right when they're pitching, and then they run as far to the left. They're so far left, you can't even find them. That's right. And like I said in New York, I hope the pain is severe. I hope it's like a level 100, and right now it's about a level 9, but it has to get to a hundred because these people got to feel extreme pain. I hope it gets very painful for people because then nothing else wakes them up. Jeff,
- [23:03]
A
it's interesting. I think back to a conversation I had with a friend of mine. He was a retired professor from UPenn, and he was in poly sci and economics and everything. And he had told me that we're talking about this one. Hillary Clinton won at Senate, and she obviously wasn't from New York, moved to New York, gets elected right away. And I said, this makes no sense. Why is New York, especially New York City, you know, why are they so heavily influenced, you know? And he said, they don't make good decisions in New York City. They typically elect based on stature, you know, based on name recognition, based on the face. They don't rec. They don't typically vote based on substance of individual as a overall, you know, and, and there's obviously some scenarios where Giuliani got in, cleaned up New York City because they were pain. They were in a lot of pain at that point where New York City had gone before he got in and cleaned it up. But bringing Hillary in was based on obviously just prestige and name recognition. Bringing Madani in had nothing to do with substance. It had everything to do with the, you know, shiny smiley face that they saw. They. How old's the guy? 34 years old. So they're gonna bring this guy in. There's no history, no back in any of this stuff, zero. And they're gonna bring him in to run the city, the biggest, one of the biggest cities in the world, inter, you know, population, economy and all of that. That doesn't make any sense. I mean, the whole thing is just a flawed narrative to begin with. Now, can you go back and question whether or not he really won, didn't win. You know, what did they do to some of the other candidates? You know, how did they throw them under the bus? You know, what were they doing? You know, I mean, you can really dig in even deeper. But just on its face, this is what New Yorkers do, you know, and they've done it over and over again. And so I thought it was an interesting conversation. I, I, it kind of popped in my brain today we're having a similar conversation and I'm like, man, this is, Here we go.
- [25:08]
B
A lot of sense. I mean, well, the, what happened with Mandami is that it was the people who were born in New York, lifelong New Yorkers, voted, did not vote for him, but they also railroaded Eric Adams out of there. They, something happened there. That guy was way too gung ho about running. It must have took him to the woodshed. Said, here's some of how it's going to work. You're going to basically get out of the race and we're going to get our, our communist, Islamic, you know, warmonger in there, war hero. We're gonna put him in there. And, you know, I mean, there's, there's, you can see through him a mile away. It's just like the Ted, the smiling used car guys, like, what's his name out there in Newsom? Guy's got the slick hair and he's a little, the mannerisms. It's like, come on, dude, it's, it's just not working. I wanted to read this, Jeff, because this is something from Trump, but this is a message to the Hungarians tonight. He says to my fellow Republicans, and frankly, all common sense Americans, never forget that Joe Biden and the Democrat Party turned the United States of America into a dumping ground, allowing tens of millions of criminals, lunatics, the mentally insane from all over the world to pour into our country, totally unvetted, unchecked, through our wide open borders. And I've said this all along, if you import the third world, you become the third World. And what's happened over the last four years of Democrat control, we're rapidly trying to reverse this decline through deportations. Well, you're going to have the exact opposite. Victor Orban stood up to the EU and said, we'll pay a million dollar a day fine because we're not letting him in. Oh, don't let the pain begin. But this is what happens when you have leftist control. They want to break the systems down, they want to break the people down, and they want to go to a dictatorship. They're always moving towards centralized control. They're never moving towards decentralization. They're never moving towards a government that would be for the people. They want to make sure they keep you under there. We have free speech as long as you use the correct approved free speech. Otherwise you'll find F around and find out real quick, Jeff, that's kind of how it works.
- [27:20]
A
I think so. And, and really we're looking at a much bigger narrative, you know, because if you think about what these guys are doing, if you, if you really dig into the how, how, how Iran, Hezbollah, Hamas, the Palestinians, how they manipulate media for their own gain and they're masters, master manipulators of media, yet all these people are buying into it because they're relatively new to it. I don't, I don't want to give someone a pass because you're new to it and you're a little naive and you got to dig back a couple years. You have to do your research. Most people don't. They like reading headlines on on X. Drives me absolutely crazy that they can't go back 10 years to actually research what's happening yet. They just want to live, look at everything kind of on its face. Oh, this is what's happening in the past year or two years. So I'm going to make an opinion on it. Why don't you go back in history and read history. Do you do your guys selves a favor, you know, to that point. But it's interesting because I like how visual vendetta is bringing this question up and, and this is an interesting dilemma because the same people that are speaking out, I don't know if you, you can specifically call it a psyop or whatever you want, but the powers that be are trying to create this illusion scenario that we're moving in this direction. World War iii. Now it's a real dangerous game. My opinion, Chip and I, you know, obviously you have, you have your perspective on this too, but strictly my opinion on this is that, you know, there's players, we're in this power struggle they went after Trump in 2016 played a really dangerous game. The Democrats in this country and globally, elitists around the world went after Trump, tried to create this whole fictitious narrative around Russia. We begin, we came to a point where they built up an immense amount of tension between the US and Russia and putting Russia on this high pedestal. Russia had been belittled down at that point in time into history. And here they come and they rise, raise it back up again and bring it back to the Forefront. And now we're seeing the exact same scenario play out again. Again. My opinion is that they're moving these power players into positions of power that I don't think they necessarily have. But they want this. They want this so much. They want people to be in. In. In panic mode that we're entering to a phase of World War II. The more they talk about it, the more they try to bring it into reality. Now, there are certain power players that people keep talking about over in Turkey and some other countries, Pakistan. These guys need to stay in their countries, stay in their lane, and shut the hell up. They don't have dominant control as. As far as, like, on a global stage unless they're given it, you know, and those guys are relatively contained. They cause problems. Relatively contained, but they're dangerous because of the regional influence they can have. And then you have. Pakistan, obviously can, you know, but then it has. There's an offset with India. Now, if these guys decide they want to get into the. Into the fray on a global level, you know, then. But that means that there's power. The power move is that they're pushing them into this. Somebody's going to push and escalate. I don't think it's going to happen. I think if Trump wasn't here, in the absence of Trump, we wouldn't have a lot of the scenarios that unfolded when he wasn't around. I don't think we'd have had the chaos that we saw over the Biden years. And I don't. And I think that had they allowed him to complete what he did in 2016 and the whole world didn't gang up on him, it did happen, but now we're in a different position, and Trump is fighting the battle. He's the spearhead. He's at the tip of the spear and the group around him, and we're fighting this massive battle. And the other side is paying huge sums of money to all these podcasters and media personalities to spread fictitious information, and they're trying to create an imbalance that. That's my perception on it. Yo, Chip.
- [31:34]
B
What.
- [31:34]
A
What's your take? That was kind of a long.
- [31:36]
B
Well, no, mine might be longer, but it's. It's a. It's a great question. I love these kind of questions. It's a little bit more complex. I think there's been. I think the kind of. The different kind of war. It's going to be fought the world. What World War III is going to look like. It's going to be very different. It's not going to be fought with, you know, nuclear weapons and bombs and all that. You're seeing it play out. Jeff, you kind of like touched on the surface. What I see it playing out is the reason Trump is making such a big deal about AI is because whoever controls AI, you had a model that was almost going to come out that would have been a cyber security nightmare. They're giving it to, like, Apple, they're giving it to Palo Alto, which is one of the premier cyber security, so that they can go ahead and root out the bugs. Right? So I think it'll probably be an enterprise level where they'll be very strict usage about, around how they can actually use something like this. But like you said, Jeff, there's other. This is, this is not happening in a vacuum. It's, it's happening everywhere. And just knowing some of the models that are coming out of China are very impressive, especially on the video Generation Sea Dance 2.0 is unbelievable. It's. And there's a new model coming out, there's another Chinese model that's coming out that's even better, and it's getting better marks. And, and so you're starting to see that there, there is some leading going on in China and that's really what the war is and what people are missing about the Straits of Hormuz. This is Trump systematically taking out the deep state. There it is. That's it. The cabal, right? The lefty, the big people that are. That, that, that want to control these nations. He's taking them out. Iran was a stronghold. Venezuela was a stronghold. People are like, Trump is in, in, you know, what's he, why is he doing this? Well, he was very strategic. Venezuela first, right? Venezuela boom, oil. Okay, so now you've got him taken out with the straights from is he's, now he's come out and said, okay, we're closing it down. Nobody's going through, nobody's moving in and out. And you know what, who's going to stop him? Iran. Iran's like, so he's going to put a blockade on the, on, on the Straits of Hormuz, which I'm going to get to later. Where, where that's coming. So that's like the first thing. I think it's more of a technology war. This war has been raging for some time. The Biden one, sir. But what you see Trump reversing everything. But we're not talking about the old days when you had like a Nixon come in and, you know, obviously he leaves Ford Takes over, he's a goofball. Then you have someone like a Jimmy Carter's complete disaster. Reagan comes in, starts setting it straight and then boom, you get Bush, you know, the older Bush and he's a kind of a out of it. And then you get a Clinton and all this kind of things that happen throughout history. What you're starting to see. Yeah, there was some, there was differences, but not like the, the differences today. You know, when you look at the left now what do they want that, you know, they want to put just, I mean I, I, I don't want to focus this around maybe religion and morals, but there are, they're devoid of any morals, any kind of religion, any kind of anything that will keep you in a sane person. Pushing this LGBTQ psychological elementop stuff on people, Jeff, this non stop, you know, breaking down the, the family, they've always been breaking down the, the nuclear family since the 50s. Right. That, that pretty much did it. And what they've done with Planned Parenthood, if anyone researches who started Plant Parenthood, you know, the most racist human being on the planet that wanted to basically kill minorities, that was the whole purpose of it. Right. So you know, what do they stand for? They stand for death and destruction, killing and then illegals over you. Right. So their own constituents. So I think that's, that's really kind of it in a nutshell. But I don't think the next war would be fought. That's why AS AI is so critical to take over. So I think that it's not coming in the way you think though. It's not coming the way you think. And what, what you're missing here is that Saudi Arabia made a phone call to Trump and said keep it going, press Iran, destroy them. Now what people have been saying about the Middle east and where it's going to bubble up and all this stuff, you got the best allies right now of the United States in the Middle east, better than anybody in Europe, better than France, Germany, Spain, you know, anybody. So you got the strong because they want a free, they want to be able to do business. They want to build their countries up. They don't want to take the rabble rousers. None of them take the rabble rousers. They don't take the so called Palestinians. Right. They don't want them. So you have somebody who is a very big ally and the next one will be Ukraine. Well, I think Cube will come first. But you, so you got Cuba down, which is Chinese, slash, you know, Russia, you got Venezuela. Then you have Iran, which is heavily Chinese, but what is it doing? Look at what's happening to Japan. Japan gets almost like 50 of their oil from the Middle East.
- [36:31]
A
Yeah.
- [36:31]
B
It's creating a big problem. And we'll show you a map a little bit coming up about the impact. What this is really about. Trump has cut off China and he's cut off Russia in a big way and in Europe. And he exposed Europeans for the tepid fools that they are. They're feckless losers.
- [36:50]
A
Exactly. And that's where Joe Budd pointed out. Just like you were saying, Trump takes Venezuela, controls its oil, takes out the Iran regime, the Hormuz close. There's also the other power player was the British control. Right. So you, you now we've, we've weakened the British. The British are pissed off about that because they've had control in that region and had influence. It's not control, but they've been influential in, in the region for a long time. No longer now. They, they have their own internal problems, so they're upset about it. So Trump has moved a lot of pieces into play. But this goes back to the global elite infrastructure that, whether it's a global deep state, what, however you want to phrase it, that went after Trump in 2016, 2015, 2016. It wasn't just the Democrats. We saw the whole world kind of coalescing certain power players. It's amazing to me, though, you know, Trump going through that first. For the first four years, the world, you know, tried to mock him. But you saw when he put. Went into any global stage, he stood out head and shoulders above everybody in terms of his stature on the stage and, and people part ways for him. And, you know, and it's amazing to me, that's what we need. We need that kind of, you know, bulldog kind of leader that because you have so much feckless leadership around the world and there. And the, the brokers and the elitist and they want to keep kicking the can down the road, which, chip, it goes right to this whole action in Iran. So many people are trying to speak out against it. This was the moment in time because of the fact that the can has been kicked down for so long. Go back to 28,008. Hillary Clinton said if she gets elected, she's going to attack Iran. Go back to 1980s Trump, 1980s, he said that Iran is the problem. So all of a sudden, all these people, you know, gain some popularity in their podcast or on X and they want to have a voice and so they have this whole opinion. But they don't go back, you know, again, go back and, and try and then start piecing everything together. Which is why we have the best and brightest here. Because I love the questions, love the commentary. You know, everybody kind of coming together to workshop through stuff. This is probably the most important part of it is that we have to see all this. And here's the other part. You see the amount of oil tank tankers in the Gulf of America.
- [39:20]
B
Don't worry, we'll get. Don't think you guys get something on us. Doesn't happen here. I love when some people bring it up. You've seen this. Yeah, we've seen it all. We see it all. That's what we do here on the chain. That's what we do.
- [39:30]
A
Israel's not our enemy. They're our shady cousin.
- [39:34]
B
They're the best cousins you ever the best that. Well, I'll say that the middle evil. There you go. I want to handle this. From Aussie said the Supreme Court ruled Trump's terrorists illegal then said we'll have to find another way to bring in billions of dollars. Yeah, you missed, you missed something very key in that. I'll cover that. And now he says the oil, everyone's lining up the load up the ships. That part is true. But you missed something very important here. Yes, they ruled 6 to 3 about the terrorists, but Trump knew this from the beginning. There's three statutes under U.S. law that Trump could have levied the terrorists he chose one probably knew would get shot down. Why? Because it would go up to the Supreme Court. But what ended up happening? Well, it's interesting when you go, when you do something like that because he knew. He's got legal scholars, he knows exactly how this works. Trump loves to kick stuff up. He's got a 94 win rate he wants. This is how you get legal precedents. Right. So it'll be all the Trump, they're illegal, they're legal. Well, let's do a little history lesson here, Jeff, as you like to say, until 1913 the entire US government there was zero tax United States. The entire US government was funded by tariffs. How do you think the law and legislation exists? So what the justice, what the court cited as alternatives. Section 122 of the Trade act of 74 allows the President to impose up to 15% global terrorists for 150 days. Section 301 authorize the US Trade Important Tariffs as an enforcement measure against unfair foreign practices. Section 201 of the Trade act allows tariffs to protect domestic industries from in response to surging imports 232 used for terrorist imports to threaten impair national security. That's a lot of what he's using. And 9 to 338 of the Tariff act of 1930 permits tariffs up to 50% for five months against countries that discriminate against US commerce. So he. There was always going to be a way around this, but if you lead with the one that you know is going to get shot down, the justice came out and told them, yeah, but in the end of this, in the. When he wrote the dissent, he said, but here's what you can use. So got to gave him a green pass to be able to use that. And Jeff, you know, every. You remember when crypto was like the whole crypto war. They're like. But no Ro Khanna Rokhana. I'm telling you what, Ro Khanna is going to run for president. This guy is a buffoon, okay?
- [41:53]
A
He.
- [41:53]
B
He likes to sit back and like, oh no, I'm just. I'm one of those people. And meanwhile, you know, he's another slick dude. I'm for crypto. I'm this one of these guys. Well, anyway, listen to this exchange here. This woman outschools him and he doesn't know he's outclassed and outschooled in a couple seconds.
- [42:10]
E
Frustration is. As a regular everyday American citizen, I feel that I am more likely to be harmed by democratic policies such as open borders. Because in your state.
- [42:21]
A
Borders.
- [42:21]
E
Okay, so. But in your state.
- [42:23]
B
He's for secure borders, John. Are you effing kidding me? He's for secure. Shut up, dude. You're a lefty lunatic.
- [42:32]
E
Something like 4600 or so illegal migrants that had criminal records were re released from jail. So when we're talking about harming Americans, when we're talking about children potentially being harmed, when we're looking into child trafficking, we have to acknowledge that illegal migration is the biggest funnel for child trafficking. So when we're worried about Epstein with a couple of people and you guys turn a blind eye to, let me just say, tens of thousands of children
- [42:57]
A
being part of that, by your policy, we have been for secure border. But here's what I want the.
- [43:02]
E
No one in California can say that they're for a secure border.
- [43:08]
B
She just destroyed him, man. Destroyed him. I mean, we only. That's one Clipper, but she just destroyed him. Oh, what a. What a complete buffoon. Fool. I'll tell you right now. Just a complete joker. Joker. Nope.
- [43:23]
A
Jim D. Said US should escort Chinese tankers as Covered for ally tankers.
- [43:29]
B
I like that. Jim D. Jim D. Jim D's got always something strategic work in the background. So Jeff, you want to know what's interesting? Like people think a lot of this division is like new and geez, I don't remember this being that bad growing up. Well, it's interesting because in 1958. Look at this. Wait, let me dig this up here. Where is this thing? Hang on, I gotta find it. In 1958 you had Robert Welch. He's the founder of the John Birch Society. He basically is warning about the globalist plan. Now in 1958, you're thinking, well, yeah, I don't know. I mean, you know, coming out just, you know, you're 15 years out of World War II, things are starting to reset, right? Things are getting readjusted. And this probably sounded crazy talk back then, but listen to this and tell me if you there's anything to pay attention to here.
- [44:19]
F
Part of that plan, of course, is to induce the gradual surrender of American sovereignty piece by piece and step by step to very various international organizations of which the United nations is the outstanding but far from the only example. Here are the aims for the United States. 1. Greatly expanded government spending for every conceivable means of getting rid of ever larger sums of American money as wastefully as possible. Two, Higher and then much higher taxes. Three, an increasingly unbalanced budget despite the higher taxes. Four, wild inflation of our currency. Five, government controls of prices, wages and materials, supposedly to combat inflation. 6. Greatly increased socialistic controls over every operation of our economy and every activity of our daily lives. This is to be accompanied naturally and automatically by a correspondingly huge increase in the size of our bureaucracy and in both the cost and reach of our domestic government. Seven, far more centralization of power in Washington and the practical elimination of our state lines. There is a many faceted drive at work to have our state lines eventually mean no more within the nation than our county lines do now within the states. Eight, the steady advance of federal aid to and control over our educational system, leading to complete federalization of our public education. Nine, a constant hammering into the American consciousness of the horror of modern warfare, the beauties and the absolute necessity of peace. Peace always on commonest terms, of course. And 10, the consequent willingness of the American people to allow the steps of appeasement by our government, which amount to a piecemeal surrender of the rest of the free world and of the United States itself.
- [46:43]
B
Okay, so think of that, Jeff. Pretty spot on, right? Almost like you see it Coming. Trump's the anti. What he just said, right. That's why everybody hates him. They hate him on the, all the people, all the, you know, the rhinos hate him because they see that their, their gravy trains running, running out. Yep.
- [47:02]
A
So here's Joe. But I was a 28 year knock on door Democrat. I was pro Bernie and saw what they did to him. Left the Democrats forever, supported Trump just to beat Hillary. Watch Trump best POTUS ever.
- [47:15]
B
Oh, they buried, they. This is the, one of the things that I think you're not alone, Joe.
- [47:20]
A
I mean amazing.
- [47:21]
B
They destroyed Bernie. I mean they took him out systematically. I mean it was pretty, pretty, pretty. I mean it's kind of telling, right? They're going to pick their winners and losers. They got the, they, they want to choose what they're going to do. They didn't like those big crowds. They didn't like people, you know, you know, some counter stuff going on there that Bernie was for the Bernie Bros. A lot of the Bernie Bros Left, they, they left and they became just like Joe did. I mean, you know, it's not, it's not uncommon at all. But I think Robert Welch pretty much nailed it and I think that, you know, knowing where we are today, it's, it's pretty incredible, Jeff.
- [47:56]
A
It really is, I have to say, if I'm ready. And George Orwell had an elderly baby.
- [48:03]
B
She's another great one. I can't. You can't get enough of her either.
- [48:06]
A
It's like, so yeah, who, what was the guy's name again? What was the guy's name?
- [48:11]
B
Robert Welch. Robert Welch from the, from the John Birch, Chief founder of the John Birch Society. But yeah, guys, spot on, man, spot on. And we talked a little bit about how sad it was for Hungary and what a great patriot this guy was. I, I really don't know. I don't even know what to make of it. It's shocking to me. But the polls had this, had this other dude up by 70%, all the polls going in. So, you know, I mean, who knows if you can believe that. But the last European countries that was avoiding a Muslim invasion has just fallen. The new government as EU goblet globalist will open the borders to Muslim migrants that are demanding. So there you go.
- [48:56]
A
This is a World War II, so you want World War III. Different parts of it, different perspectives of it. But the Islamist invasion around the world, 100% they're saying what they're doing, they're doing it. All these countries, military age, young men, you bring A million of them in. You have a military inside your country burning churches, causing chaos, attacking the, the sovereign citizens of the country. You just look on X granted. I mean, you come out in a macro view of it and you might not see everything going. You go into the microcosm and you see what's going on. You know, they're rising up in Ireland and the Irish government is trying to bring out the military, you know, against their own citizens. You saw that they were blocking the movement of fuel. So they were basically going to, you know, kneecap the country into capitulation. But the government decided they were going to come out and use force. Then they broke that up. And we're seeing that all throughout Europe that they're getting straight in England, Australia, where they're getting more strict against their own populace in order to force them to accept these, these, this movement of, of this Islamist threat against, against the, the countries. And why, why, why are people okay with it? Why aren't people acknowledging it? Why are they point, pointing their attention to other things when this is probably, you know, it might not be impacting you today? Fast forward 10 years from now, let's see what happens. Let's see where we're at right now. Why is it that these same groups and the, the concept, the ideologies have been pushed out of most of the Middle East? Why don't they have a lot of problems in the UAE and, you know, in Dubai and, you know, Saudi Arabia and all these countries? Because they got rid of them. They didn't want them in those countries.
- [50:51]
B
They'd send them to France and in England and yeah, Chad's saying World War III or new crusade. Yeah, it sounds more like a new crusade. So this nut bag, Ursula von der Leyen, who is the president of the EU Commission. Now imagine the EU Commission saying Europe's heart is beating stronger than Hungary tonight. Yeah. Europe's heart is, is the conquered heart. That's the conquered heart by Islam. That's the conquered heart. Now they're gonna. And I just love the people and I, and I. What I hope they do is anybody who voted for this new nut bag, I hope they relocate these, these, these killers and these, these child, you know, predators. I hope that they put them in their town. I hope they move them in with them. I think that would be. The pain's got to be extreme. Jeff and Eva Vlnder Brook, who's a, a patriot from a Dutch patriot. She said the fact that this woman's celebrating tonight should tell you everything you need to know. About the future of Hungary and the rest of Europe.
- [51:47]
A
100 after 16 years out after 16 years. And Hungary was doing well financially, I believe.
- [51:55]
B
Well, can I read this? Jeff by L.H. gray. One of my favorite on on X Hungary. And now I'm reading this, guys. Okay, Hungry just bent over and got raw. Peter Magyar and his shiny new Tizza Circus have stormed the gates of a projected super majority in the country that Victor Orban forged into a sovereign fortress for 16 brutal unapologetic years is about to get castrated. Real times, not some gentleman pivot towards European values. This is a psychological warfare dressed in a tailored suit. Magyar didn't win on policy. He won an engineered resentment and the oldest trick in the book, weaponized nostalgia for a hungry that had to kneel. He sold the electric a fantasy. Ditch the dictator, open the EU tab and suddenly the golden rain will fall. And what they're actually getting is the velvet glove surrender of everything that kept hungry Hungarian. Facts are stubborn and the numbers tonight are a indictment. Over 50% counted 79 turnout. Same electric that once roared for border fences and sovereignty has now handed the constitutional keys to a man whose entire platform reeks of Brussels approved compromise. The moments that super majority is locked in watch the constitutional amendment fly. Migration quotas accepted judicial reform, the that neuters any remaining resistance and the slow polite handover of fiscal sovereignty back to the same technocrats who tried to starve Hungary into submission for years. Orban built the dam dykes. Magyar is about to dynamite them while smiling for the cameras and quoting rule of law platitudes. Magyar is the perfect Trojan. Photogenic, articulate, ex insider turned reformer. He doesn't scream revolution. He whispers it with the calm certainty of a man who who knows the donor class is already writing the checks. He prays on fatigue, on the human craving for normalcy. After years of being called fascist, for wanting to survive as a nation. That's kind of like that video we looked at yesterday. Jeff. You know that you just get tired of enough and you just kind of roll over and say, okay, let's just let it happen. And she goes on to say that that's the venomous genius of it. He doesn't need to argue. He simply offers absolution for the sin of wanting control over your own borders, your own children, your own future. And the people exhausted by the culture war were never allowed to win cleanly or swallowing it whole. This is in progress. This is managed decline with better pr. Hungary had the lowest illegal migration numbers in Europe. Energy independence that made Brussels see. And an economy that told the globalist cartel to go itself. Now the same forces that hollowed out Western Europe got their prize. A compliant Budapest that will dilute its identity. Flooded streets, teach its kids that sovereignty is hate speech. A goddamn shame it doesn't even cover it. This is civilization. Suicide by ballot box. Executed with the cold precision of a man who understands exactly which buttons to push and whose money's back in the hand of the detonator. Enjoy the ride. Hungry? You just traded a lion for a lap dog in a suit. The regret is going to taste like iron and regret for a very long time. Your thought about that, Jeff?
- [55:12]
A
Man, that's. That was pretty much spot on.
- [55:15]
B
Damn. Yeah, she's good.
- [55:17]
A
I. I don't know how. How else. How else you get that message across, you know, but that's exactly, exactly what they've done. These people are stupid, you know? I mean, you go to Europe, what. Why is it that we see it from over here? And again you come out into a macro lens, maybe it doesn't look so bad. I don't know. Last time I was in Paris and they were, you know, frying, and they're frying and serving falafel out on the street. From. From. They're cooking out on the street in front of the Eiffel Tower. That wasn't French food, you know, And I'm like, hey, I don't mind this type of street food. You know, Middle Eastern food's my. My comfort food anyway, you know, but forget that. You know, it's just like this. It's. It's ridiculous. You know, if I'm going to France, I don't want that on the street. I don't want that kind of street food. You know, it doesn't make any sense to me. But that's because you're seeing a systematic change. Why is it that in Dearborn, Michigan, when someone, a Christian guy, came in front of the city council who had. There was a Muslim mayor of the city council, and he basically told him, we don't want you here. You can get the f. Out of our. Of. Of our town. You know what happened in Detroit? Mayor Coleman Young said the exact same thing to the residents of the city. Said if you don't like it, you can get the out. You know what they did? They left out. They left. And you know what happened to the city of Detroit? It got hollowed out. It became nothing. And so this is. This is exactly. We're seeing this all over the country. The history's repeating itself over and over and over again. It's, it's so devastating. But if it's happening in San Jose and San Francisco, it's happening throughout New York, happening throughout California. And the benefactors, we're the suburbs, you know, we're the suburb of those cities. They're moving to our state, they're coming to Florida and they're bringing all their money here. They're going to Texas, they're going to Georgia, they're going, you know, there's a handful of countries of states. They're going to the benefactors, we're the suburbs, you know, this is where they want to be. And they're moving all their businesses, bringing all their money. Same thing's going to happen in Europe. All those towns, you know, they're getting hollowed out. That's, that's their problem, you know. But it's all of our problems that's at the end of the day.
- [57:32]
B
Oh right.
- [57:33]
A
Because we see all these countries fall,
- [57:35]
B
wait for six months. The video is coming out of Hungary, Jeff. They're going to be right here on the chain. We'll have to revisit this. This is huge. It was very sad to see this today. The guy was a trooper. But let's go into. This is a very disturb. This is. When I see news like this. This is so disturbing. Australia is a mess. Where are Aussies? Our Aussies? I don't know how you guys survive with her. This is crazy. Listen to this. The Australian government just arrested our most decorated veteran from the Afghanistan war for alleged war crimes. Ben Robert Smith was awarded the Victoria Cross for Australia after single handedly storming two Taliban machine gun positions by himself to save his own team. And now this is how we repay him. I spoke to an Australian Afghan war veteran who told me that the Australian government literally paid for billboards in Afghanistan offering to pay ransom Afghan for Afghans to come forward with war game or war crime allegations. What country on earth would do that to itself? Well, any country in Europe for starters. But they weren't involved in that war because they're weak. Tell me when does the Taliban plan on holding war crimes tribunals until their own people whether the Taliban plan on holding themselves accountable for terrorism. Absolutely retarded to purge your own men when fighting a brutal barbaric enemy that respects no rules at all. And somebody got this is DC Drano said Australia is prosecuting their most decorated war veteran in order to demoralize their nation. Leftist hate strong men who love their country. They want subservient simps for the government.
- [59:15]
A
And this is all part of it. They, they belittle, belittle. They make sovereignty and your passion for your sovereignty somehow racist and you're on the wrong side of it. And they, they wanted to moralize you to that point. They're going after those who do. Because this is not about bringing all the other countries in the world up. It's all about bringing all of the successful, prosperous countries down to the lowest denominator because then they can manipulate, control, do whatever they want to do and they're flooding the countries. Just like the statement we read from Trump. You know, if you bring in the third world, you're creating a third world country. And, and that's exactly what we're going to be.
- [59:58]
B
What?
- [59:58]
F
Ha.
- [59:59]
A
This is absolutely disgusting, though. What did they arrest him for?
- [60:02]
B
For?
- [60:03]
A
They arrest him for war crimes when he was in Afghanistan because the Afghani government wants it. Is. Is that what it's about?
- [60:10]
B
Well, listen to this.
- [60:12]
A
Somehow the Afghani government has any semblance of, of like, why would anyone listen to them?
- [60:19]
B
Well, here it is. So what? Exactly. So, Drew, Paula, Paulo put this up. He said court documents reveal that Australian government war crimes investigators do not even have the names of the two individual that Ben Roberts Smith is alleged to have killed in Afghanistan almost 20 years ago. So nobody's managed to identify these alleged victims even after a $300 million was spent on war crimes investigations over. Get that, Jeff? 300 million they spent when they could have been giving it to their own constituents or doing stuff for their, for the people. They spent it on war crimes because they wanted to have, they wanted to have a figure and put this person up make of a piece, poster of them. Australian Office of Special Investigations Director Ross Barnett already revealed that the investigators have no crime scenes, no access to the deceased, no bodies, no postmortem report, no official cause of death, no recovery of projectiles to link weapons that might have been carried by members of the adf. No photographs, no site plans, no measurements, no recovery of projectiles, no blood splatter. Now we know after 300 million in five years investigation, they don't even have the names of the two alleged victims. If there's no name, no identification, no body, how do we even know they were killed? Does anybody actually think this is fair? Does anybody think that a criminal conviction proved to be a criminal standard beyond reasonable doubt is remotely possible in these circumstances? The Daily Mail said two of the five men, Ben Roberts Smith, is accused of murdering. Murdering. It was a war theater. There is no murdering while serving with the special air service in Afghanistan. And wait till you see this dude, man. Look at this guy. This guy's like. This guy's like hero, man. This guy is like the picture of hero in any book. I mean, look at him, man. The guy's like a badass. And this is the guy over 20 years ago. They want to prosecute in a theater of war. It's. It's hard to understand.
- [62:14]
A
Well, if you, if you remember, go back to 2003 with Lt. Col. Allen West.
- [62:20]
B
Of course. Yeah.
- [62:22]
A
So he. There. There was an incident when he was in Iraq with somebody, and he ended up, you know, if you go back and read the incident, they had this guy. They were. They were looking for information on a group that were planting ads around IEDs around town and that were leading to the death of a lot of U. S. Soldiers. And so they captured somebody and he ended up doing a kind of like a mock execution. He fires a gun near the guy's head. The guy spills the beans. They get all the information that was kind of the history of it. And then fast forward a little bit some, you know, higher ups find out they wanted to court martial, so they drag him in front of. In. In front of the courts, and they drag him through. Through the mud all. And he say they got the guys they had to get. They're in a. In a war zone, in a combat zone. He had to do what he had to do in order to get the information that led to the safety and security of his men. And he basically had said, I would do it over and over again if he had to. He'd do the exact same thing if it meant defending his men. He obviously went on to run for US Congress here in Florida and won
- [63:42]
B
in my district because I voted for.
- [63:46]
A
And so they did the same thing to him. And there's other stories like that. It's just horrible because there's someone on the higher up that's trying to demoralize and they're trying to belittle and, and they don't live in that. You know, they're not in that environment. And so it just. It's all politics, semantics. And what they did to that guy is just. Is also just horrendous. It just, you know, it, it. It's a disgrace. It's just horrible.
- [64:13]
B
Ozzy says it's a disgrace. Her government goes after a veteran, yet they spend millions in helping immigrants buy a house in the middle of a crisis. What the f. Well, here's the thing, too. They spent $300 million in putting up billboards in Afghanistan asking if anybody has any information that would lead to some kind of prosecution. You're just asking for people to lie now. You're just asking for, for someone to come for. I saw something. You know, it's, it's, it's insane that we're at this part. Jeff, you know, you talk about everything around the world. You talk about like the currency, you know, the world reserve currency, the US dollar is dying. Well, here's interesting thing. Look at this is a cool chart to see who has the biggest gold reserves in the world. Check this out of countries with the largest gold reserves. Now you look at Thailand as 235 tons. Thailand, that's the bottom of the barrel right there. You know, Austria and Spain with 280 and 282 trillion. On 207. 87. UK. Let me turn this volume down. We don't really need this volume that high. UK 310. Saudi, 323 tons. Uzbekistan, 383. Portugal with 384 tons. Poland with 497 tons. Netherlands is 612. Turkey with 615. Japan has 843 six tons. India has 876 tons. And you have Switzerland with 1040 tons. 1040. And then you go to the top and you see China at 2280 tons. Russia with 2333. France with 2437. 2452. Oh, and we take the little trip up to Germany with 3,300 and then all the way up. USA, 8,133 tons of gold. Wow. It's fun when you actually start going up like that. I thought Thailand was pretty big. I was like, that's a lot of gold.
- [66:32]
A
Tons of gold. Where do you hold that much gold, man?
- [66:34]
B
I don't know. Hopefully, hopefully. Hopefully in a safe place. I would think that would have to be somewhere safe. So I'm put out this message this week. You know, this is interesting. Iron sheet. That's so funny. Trump put this message out. Listen to this.
- [66:52]
G
Salaam alaikum. This is your new ayatollah speaking. Well, if you think about it, I'm more like your new ayatollah because I told you this would happen if you kept around. Instead of taking JD's deal, my first order of business as your new I told you will be to take over the Strait of Hermus and to bring back bikinis to Iran. We're going to have big beautiful beach parties all along the coast with Delicious margaritas and sexy mamacitas. Anyway, we're the captains now, bitches. America is back. Bigger, stronger and hotter than ever before.
- [67:28]
B
Believe me, I like the message.
- [67:31]
A
You gotta love that.
- [67:33]
B
Delicious margaritas and hot mamacitas. I like that more. Everybody, whatever he said, you have to light that. And you know, it seems like Trump Derangement Syndrome. Jeff, has been at like, it's. I think it's become an all time high. But somebody actually wrote a musical. This is Trump Derangement Syndrome. The musical. Listen to this.
- [67:52]
C
The world is awful and I am mad. Do you know why? Orange man bad. You've got Trump Derangement Syndrome. When your brain don't work quite right. Trump Derangement Syndrome morning, noon and night. I heard he was convicted of 34 felonies of one you cannot name. The news said he did something bad. Oh, they're the ones to blame. He said they were fine people at on both sides. Oh, come on, man. That too is a lie. You've got Trump Arrangement syndrome When your brain don't work quite right. Trump Derangement Syndrome morning, noon and night. What about all of the people he allegedly fondled? He said all women are pigs. Just Rosie a daughter. You got Trump Derangement Syndrome more and more each day. Trump Derangement Syndrome. I heard he wants to round up the gays. Not today. I'm sure he will soon. He ruins everything.
- [69:12]
B
There you go, Jeff. Trump Derangement Syndrome, the musical. Who comes up with this
- [69:19]
A
freaking hilarious.
- [69:20]
B
I really don't even know.
- [69:22]
A
So funny.
- [69:23]
B
Did you hear what the Trump threatened? This is the last warning before he takes some action. Look at this one here. Trump said. Trump told Iran that this is the last warning before he sends Bruce Springsteen to perform there.
- [69:40]
A
Oh, yeah, that's right.
- [69:45]
B
Where was it? Did I lose it? Ah, I had another one queued up here and I somehow, somehow lost it. It's lost forever.
- [69:55]
A
Lost forever.
- [69:56]
B
It's lost forever. That's all the time we have though, Jeff. I think before we go too long in this, Too long on the tooth. If you realize the clandestine technology exists to manufacture precious metals like gold, silver and platinum, wouldn't that be something?
- [70:12]
A
Be very cool.
- [70:14]
B
Is that Neil Young or Stephen King? That was Stephen King that made it. Yeah. What's weird is I knew everybody on there, which is. I think I was almost more disturbed by that. Aussie says love it. There's some good memes going around. I posted a couple on your ax chip. Okay, cool. Very good. I'll check them out. Mark Smithson says According to officials, 31 of Democrats are being treated for mental illness. That means 69 are going untreated. Spot on, man. There is an outbreak in mental illness, but I think about big pharma contributing to it. Don't take any big pharma drugs. Almost. Almost everybody. Even 10 years younger than me. How many people do you know are like on so many meds, Jeff?
- [70:57]
A
It's amazing. I mean, all sorts of meds.
- [70:59]
B
It's crazy, the meds, they're in like, I take a handful of supplements. I take like 18 supplements a day. You know, it's all natural stuff, whatever, but you know, here they are right here. Look at my pill bottle. Like an old dude, right? See that? The rattler, Jeff, the rattler.
- [71:17]
A
That's great. That's all your nutrition.
- [71:19]
B
Keep it right by my. It's everything that I need, man. I just remembered though, I forgot to put NATO can I say in there, which is the.
- [71:27]
A
A good one.
- [71:28]
B
That's a good one. I have to throw that in. I realized I didn't put that in. I'll have to refill it.
- [71:33]
A
Enter your youthful appearance.
- [71:36]
B
Well, it's not that useful, not for an old guy. I'm getting up there, Jeff. We're both getting up there. Doing this show for six years and look at all the gray hair you have already, Jeff.
- [71:47]
A
I know, can you believe it?
- [71:51]
B
Look at all the damn gray here.
- [71:56]
A
There you.
- [71:58]
B
Electric oxide. Beautiful, beautiful. I hear you, I hear you.
- [72:03]
A
Take a little creatine.
- [72:04]
B
Creatine's good. Creatines, yeah. Plus my protein shake. Plus my. I take another supplement. That's a drink. And I don't know, it just feels like you can. There's just good stuff out there, man. Like, you know, it comes down to gut health. If you have a nasty gut biome, you've got mental illness. They've all these studies, all these peer reviewed studies, the ones you know. And when you start putting stuff and filtering it through your liver and put. Keeping this stuff in there and corrupting your gut, that's when you get like, people are depressed. I'm like, go live in a communist country and see if you're still depressed or how long you're depressed for. See if you can't wait to get back. Freedom has a lot of idle minds. I don't know what I'm gonna do today. Because you're free. But if you're not fighting for survival, a whole different story, which they really
- [72:52]
A
prefer you to be in. In survival mode. If you're. If everyone's fighting for survival. You don't have enough time to think about the. The government.
- [73:01]
B
100.
- [73:03]
A
There you have it. And then they control you.
- [73:06]
B
Yeah, that's it. Well, guys, we will hopefully be back Wednesday unless Jeff and I get real busy, but we'll be here Wednesday. We'll be back.
- [73:16]
A
We will be back Wednesday at 8pm
- [73:21]
B
Probiotics, prebiotics, and also, too. I'm also on. Oh, I'm also on the patch, Jeff. I'm on the patch. Are you arts? I'm on arts. Patches. There's some really amazing stuff behind these things.
- [73:34]
A
How do you feel with the patches?
- [73:36]
B
I've only been doing it for about three weeks, but I think there's some stuff that's working right now. So, I mean, I don't feel difference, but I think there's some things that are going on on a deeper. On a deeper level.
- [73:46]
A
Yes.
- [73:49]
B
Thank you guys for the info. Appreciate you, man. Top marks. I love. That's what I. Wait for it. I know the show's over when Chad says top mark, gents. I know that it shows. We better get ourselves out because he gets out and it's telling us to get out. Of course, Charles has to chime with a creatine powder. Glycine, Magnesium. Yeah, I take. I actually take a 12 and one magnesium during the day, and I may take some glycine at night. Magnesium. Of course, you know, the magnesium you want to double up with. If you really want to purge. There's that magnesium, too. So anyway, people, that's all the time we have. Jeff, anything before we get out of here? Coffee? You want some coffee?
- [74:33]
A
Not right now.
- [74:34]
B
Okay.
- [74:35]
A
Espresso would be good. Espresso is good when you're done with dinner.
- [74:39]
B
I know, but it's a little bit late. It gets a little.
- [74:41]
A
I'm not eating. You know what? Espresso is also good with red wine. Just. Just putting it out there. Your red wine. You get that espresso at the end.
- [74:51]
B
Yeah.
- [74:53]
A
Simultaneous together. It's almost like Guinness and Jameson together. Well, red wine and coffee go well together.
- [75:00]
B
Has to be a test.
- [75:01]
A
Not just regular coffee. That would be. That would be weird.
- [75:04]
B
Yeah. Well, I've had regular coffee with red wine, too, so that is a little weird. But you drink it and you still have your wine from dinner, and you're kind of. And two fist in them, you know, back and forth.
- [75:15]
A
Little espresso on the wine kind of makes sense.
- [75:17]
B
It works, man. It works. All right. That's all the time we. Guys, we. That's all the time we have. We are out of here. And I mean it. Cleansing ales. Right on. Appreciate you. X39 is what we're talking about. That's right.
- [75:29]
A
So you guys, pain patches.
- [75:32]
B
They're not for pain. No, they're not for pain, but they do. They. They can alleviate some stuff. I got one I wear at night and I have one that I am wearing right now for the day, the X39. Then I wear a different one at night. So any Houska. And thank you for sending Art. Thank you for sending me those. Those new updated studies. I always appreciate that. It's always good to have some studies that are done with hardcore facts. Let me try some casual reading for tomorrow. Thank you for sending that to me. I did get it. That's all the time we have, guys. We'll see you guys in the next one. Chip and Jeff.
- [76:02]
E
Oh,
- [76:05]
C
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