← TFTC: A Bitcoin Podcast
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- [00:07]
Tom Luongo
You've had a dynamic where money's become freer than free. If you talk about a Fed just gone nuts, all the central banks going nuts. So it's all acting like safe haven. I believe that in a world where central bankers are tripping over themselves to devalue their currency, Bitcoin wins. In the world of fiat currencies, Bitcoin is the victor. I mean, that's part of the bull case for Bitco. If you're not paying attention, you probably should be. Probably should be. Probably should be.
- [00:37]
Marty Bent
I got the most blowback I've gotten on Twitter X in years for, quote, tweeting one of the videos of the. The drug boats getting bombed and saying, I voted for this. Says, extra judicial killing a fisherman off the coast of Venezuela.
- [00:54]
Tom Luongo
Well, yeah, with the libertarians have all lost their minds because they don't know how to read. I'm just gonna make it blunt. It's gonna be blunt. People that are non state actors in international waters have no rights under en class. If they're told to stop and they don't, then you can do whatever you want to them. I mean, the guy had a huge post on this the other day and I'm like, oh, by the way, Senator Rand Paul, the operative word today is piracy. Piracy is still illegal in the open seas. And if you only want to describe weapons as, you know, guns, that's great. But I'm sorry, but, you know, cocaine is a weapon. Fentanyl is a weapon. You know, we're losing more people a year to fentanyl poisonings than we lost during all of Vietnam.
- [01:36]
Marty Bent
Well, and that was, that was the thing that pissed me off the most, is like, we didn't declare war. It's like, well, obviously not explicitly declare.
- [01:44]
Tom Luongo
War against these people. Aren't. These people aren't flying. They're not flying flags. If they were flying Venezuelan flags, this would be an act of war. And then Venezuela can declare war against us, and then we can see who wins. The American Navy or the Venezuelan Navy. Of course, Rand Paul doesn't want to address that because then that would blow the whole, his whole, you know, his whole fake moral outrage out the window. Like all the libertarians are crashing out over everything. Marty, it's pathetic what I've been watching, and the more I watch them crash out, and I hate to say this, I'm now gonna breathe fire for a couple minutes on this issue because it's really been bothering me, but the more I watch them crash out, especially over Venezuela, over the one big beautiful bill The Epstein files, all of this anti Trump crap, every goddamn bit of it is making me believe that the whole thing was a big goddamn British shy out from the beginning in the first place. I can't not see it anymore. Jay Dyer's been screaming about this stuff for years. And I used to like, no, come on, that's crazy. The Larussians have been saying the same thing for years. That's crazy talk. Now I'm watching them in real time. I mean, I had to hang my head in shame today when I saw Ron Paul say the Hegseth killings need to stop. Now do I believe that Ron Paul wrote that tweet? No, I believe that faggot Daniel McAdams wrote that tweet. But you know, Ron, hey man, blink twice if you can't speak freely anymore. But that's where I am. I mean, I'm over this stuff. We're at war with the. We're at war with everybody. I don't know where you lost me in the middle of that rant.
- [03:18]
Marty Bent
We're at war with everybody.
- [03:19]
Tom Luongo
We're at war with everybody. What? I mean, everybody. I'll define everybody as the West. So Europe, city of London, the old, you know, Venetian, Jewish, this, whatever you want to call it, big organized crime syndicate that's existed for the, for the last, you know, I don't know, 2000 years. Pick your poison as well. How far back you want to go? Like, we're at war with all those people. We want our independence as a country for the first time in our 250 year history. And you know, every, as far as I'm concerned, if you just watch who's screaming and that's who, you know who the enemy is. So as far as I'm concerned, Rand Paul is now the enemy. He's made it abundantly clear he's the enemy of civilization. Like, sorry, sometimes you're going to have to take your principles and understand how the non aggression principle actually works, which is when people are aggressing you and they're bringing crap into your community that you do not want, that is killing your people, you have every goddamn right to blow them out of the water.
- [04:17]
Marty Bent
It seems pretty striking to me.
- [04:19]
Tom Luongo
It's like, hey, non state, state. Flying a flag, not flying a flag, dick up somebody's ass or whatever, I don't give a shit. Like, it's dumb. And it's so pathetic to watch this happen. So what I found really interesting, what I find really interesting is for the first time ever, I'm watching people on quote unquote, our side of the ledger, meaning the conservatives or Trump or whatever you want to call it, the sovereignties or nationalist people, let's call them the inheritors of Uncle Joe McCarthy are finally fighting back and using media in a way that they always use against us. Like I'm watching Trump not fight fair. Oh, you know how they, the Democrats don't fight fair, the. Or the Commies don't fight fair. They say a whole bunch of shit that's not true. Like Ilana Omar or any of these people, they say a whole bunch of shit that's not true. They propagate that falsehood through the media and everything else for, for weeks on end and then, you know, issue some half hearted retraction later on. But they've ceded into the zeitgeist the idea that, you know, Donald Trump is, you know, a rapist or whatever it is, or he's in the Epstein files or to pick a thing that they, that they lie about. I'm watching Trump and his people now lie about, you know, now openly, you know, speculate. Oh really? Is Rand on the take from Venezuela? Because I saw that the other day. I don't know if it's true or not. I don't even care. I just know that somebody seeded that into the zeitgeist. And I'm like, yeah, prove that you're not like, play the Alinsky game on them. They deserve it because this is war and there are no libertarians or atheists in foxholes. And that's just the way it is.
- [06:00]
Marty Bent
Yeah, and it seems like, how. So I sent that tweet out, got a lot of blowback, particularly from libertarian leaning bitcoiners who say I'm supporting the war state. But again, to me it's like, hey, I'm from Philadelphia, I grew up not too far from the Frankfurt L, which is where you see the tranked out zombies. And there was a pretty in depth like mini doc on that part of the city last year that really tied it to these, the trend agua gang specifically. And they're talking about how they get drank and fentanyl into the United States. And to me it's like, hey, there's boats that are bringing these drugs in. You can find them in the sea and take them out. You got to send a message there's equal opposite reactions and if anything, we're being merciful because of the amount of lives that have been lost in the United States.
- [06:56]
Tom Luongo
You're correct. And that's very important. Understand that what this is really about the minute we started going after Venezuela for real. You realize that now Trump opened up a different front. First, he went after, of course, City of London and Europe by going after all the NGOs, right? The Globalist, that wing, whatever you want to call it. I used to call it Davos. Sometimes I call it the high table. Now I just like to keep changing the words to fit the model of whatever's in your head, you the listener. Because everybody has a different model of who the enemy is in their head. But it's all basically the same people. Okay? You can add more or less. You can add more of a note of an air of limey, you know, limey ness to it, or Jewishness to it, or old Roman empires. I don't care. It doesn't matter. The people, these people are scum and they think they run the world and they traffic children and run drugs and everything else, and they own and run the intelligence services. So Trump started an international war to end all the physical wars and the old geopolitical conflicts overseas, and that's him fighting. All the roads lead to London aspect of things. Now, part of what I'm about to say also leads to London, but that road goes through Langley, and that's what Venezuela is about. So now he has set the military up against our intelligence services, as I would. You would say the rogue intelligence services. But when I. The last time I said that, in my presence of my wife, she's like, no, no, no, no. The rogue intelligence assets are the ones who are still patriotic and loyal to America. The default position within the intelligence services is that they're traitors. I'm like, yes, I stand corrected, Paul. So that's the front that Trump has opened up, and that's who's screaming. That's why the Seditious Six video. That's why the open calls for the governors in blue states to resist ICE and tell the local police not to work with ICE and not to work with the military and all the rest of this stuff, this is open color revolution stuff. Now, this is, you know, step six or five, six of seven or whatever it is that we're on. That moment where they're trying to test the loyalty of, you know, the military at the, you know, company, battalion level, the National Guardsmen, you know, and local law enforcement. They're trying to test out loyalty. Who do you work for real to?
- [09:31]
Marty Bent
So seditious 6 aren't that inspiring, though? It was interesting that they came out.
- [09:36]
Tom Luongo
No, it wasn't about inspiring anybody. It was a signal the way I read that video and other people that I talked to that, you know, are much closer to this type of informational warfare were better trained in it than I am. I'm not trained in informational warfare. I just happen to have a knack for it, I think, which is why I'm able to, like, you know, arrogate these people around me, curate them and chat with them on a regular basis. Guys like Ian Burlingham and Blaine Holt and some other people. And they also, the same thing, which is, that was not a, that wasn't any kind of signal to try and, you know, get the normies to rise up against the evil Trump. That was a signal to their international partners that they're, that they have their logistics in place and they're operationally ready to go. That's the way I read it. Because they would never, they would never come out and say the thing if they weren't trying to signal that they're ready to go. And I think they're, I think we're, we're headed into 2026 with some kind of, you know, they're going to try something sincere. Because the way Trump is winning SCOTUS battles, the way he's winning legislative battles, the way he's winning, you know, honestly, what I like to call the MEQ battles and, you know, manila envelope quotient, I've got the goods on you. You work for me now. And all of the geopolitical battles as he unwinds all of these, these permanent, you know, these British perma conflicts, Cambodia, Thailand, India, Pakistan, Iran, Iran, Israel, Israel, Gaza, trying to end Russia, Ukraine and others, you know, Rwanda, Congo, blah, blah, blah, blah, blah. All of these, Venezuela and the rest of the Western Hemisphere, all of these are old British and, or French. Some of them are French, you know, leftovers from the colonial era that they left behind as they quote, unquote, left the physical, you know, control of these countries behind and kept in place political and economic control. The British Empire never ended. It's still there, but as a financial web of old banking relationships, old, you know, land titles and income streams and relationships and familial relationships and all the rest of it. And, you know, and again, I'm using the term British Empire as kind of a catch all for all of that because so much of the financial flows go through London. Some of them go through Zurich, certainly some of them go through Frankfurt. They've been, you know, they've, they've outsourced some of this stuff in their global network. Some of it's in Hong Kong, Singapore, right. Dubai, blah blah, blah blah. Some of it is in Venezuela and we have to, you know, be willing to upset some of that is in Ottawa or in Toronto. All the, all. A lot of the drug money is laundered through Canadian banks. Their control over the capital flow into the gold industry for years was flu flowed through all the Canadian banks. And if you looked at the way that I used to study this stuff when I was, when I was first getting into all this stuff, I was first falling down the rabbit hole well before I ever stepped out in front of the microphone or you know, do it and did this stuff professionally. Just when I was back when I was a chemist and like everybody else in the world just kind of like what is going on in the world and trying to figure out what's happening. One of the things that was really obvious and I used to be a big fan of Jim Sinclair and he was, he would explain how gold exploration companies had to basically sell their soul to the bank in order to get any exploration money. The bank would immediately go short against the loan and effectively no matter what happened, the bank won. And the gold project never really ever made any money. It was predatory financing of the worst kind. And you stop to think about that in the context of why they would do that. It's of course so that they can control the price of gold at its source all the way up the supply chain from EMP exploration and early production to futures markets to, to the distribution of the physical and then to the financialization of it over the course of time. And that has slowly and surely broken itself down over the years. First, the gold industry in particular started to self finance. You started to get companies like Royal Gold and Wheaton Precious Metals and others in Franklin, Nevada that started to do direct financing of the gold companies and taking royalty streams. So the, the birth of the gold and silver royalty companies were a shot against the, the major Canadian banks. But those Canadian banks that were controlling gold and turning it into, you know, the shadiest business on the planet. That news for you. They're the same banks that are running that are laundering money for the drug cartels in Mexico, Venezuela and Hong Kong and around the world. Same people.
- [14:28]
Marty Bent
It makes sense that Mark Carney is the Prime Minister, of course, Canada, considering his connection with HSBC back in the day.
- [14:37]
Tom Luongo
Hsbc? Former bank of England. Former former bank of Canada. Right. Head of the, of both the BOC and the BOE Yeah, I mean Brookfield. And then now he's, you know, he's a He's a major partner of Brookfield Capital, which is getting all of the contracts that the Canadian government is putting out in order to do their like rearm thing like Canada surrounding itself now literally under Carney, is trying to turn itself into the arms and commodities brokerage house for the rearming of Europe. Right. And guess who's getting all those, you know, guess getting all the sweetheart deals. Brookfield Capital or Brookfield Asset Management. Sorry, that's the name of the company. Bam is ticker symbol. So yeah. And guess who's on the board at Brookfield, One of the original investors in it. That would be no less than Mark Harney.
- [15:25]
Marty Bent
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- [18:03]
Tom Luongo
Right. Yeah, I read it the other night, it came out and everybody forwarded it to me and I'm like, okay. I was busy with other things. Eventually, somewhere around 10 o' clock that night, I finally sat down. I never worked that late at night, Never. But it was a nice night. It wasn't bitter cold. The cold, the current cold front that we're getting here in Tennessee didn't come through yet. So it was like I had just gotten a brand new pair of wool socks and like, so my feet were warm and I pulled out my tablet, pulled out a cigar and sat and I read the entire thing. Relatively warm in the, you know, 40. And it was balmy, 41 degrees outside at 10 o' clock at night. And I read the whole thing cover to cover. And I was like, yeah, I voted for that. And all I could read, all I could. All I could hear the entire time I was reading. Actually, I was describing this. I think it was this show yesterday with. With Tommy Kerrigan, Ian Burlingame and. And Alex Craner. I said while I was reading it, I had two voices in my head. I had my voice in my head going, this is one of the great. And you know, the ghost of Joe McCarthy. This is one of the greatest things I've Ever read, I've ever read in my life as an American. And on the other side, I had the kind of pro Russian, vaguely anti American commentary out on the other side, some of whom were American, some of whom were my friends. I'm reading it from that perspective, going, how could the American United States be this arrogant to believe that they have the right to do this, to do, to control the Western Hemisphere? And do. And they would read it with nothing but that whole kind of Pepe Escobar style, emperor, empire of chaos veneer, right? That's their glasses. So one movie, you know, one screen, two movies, and you put on the nationalist glasses or the pro American, we want our independence glasses. And you get one story. You put on the, you know, kind of vaguely old, moldy, old lefty, neoliberal trained glasses of the, you know, of the anti American set who thinks that, you know, that history started in 19 fucking 46. And you get, you know, you get that version of. I could read the document from both of those perspectives at the same time. And I was like, yeah, I know how this is going to play in the Zeitgeist at this point. And I'm like, I can tell you where I'm going to land, and I can tell you exactly what I'm going to say to anybody who, you know, is. Is thinking like, you know those guys, like, I can't do it anymore. I can't even pretend to be happy about. I can't even pretend that. That a lot of these people are being generous and that they just don't see it. Like, I just, I don't. I don't believe it at this point, because. And this is. And this is going to come across as grousing, but it's not okay. I actually, about. I think at the beginning of the year, I'm sure you and I did a show where I talked about how we were watching, starting to watch people start to, like, crash out and misinterpret what Trump is doing. And I said, watch, in about six months, everything's gonna change. Six to eight months, and they're all gonna be like, off the rabbit. You know, they're gonna be off the deep end. And now I can name names. I'll give you a perfect example. Judge Napolitano is completely off the deep end. And then he has now poisoned everybody in his circle because they have an echo chamber. And I know some of these men, and I like them, and they're my friends. I've had dinner with them. I, you know, they called me up in the middle of the night and they need to be bailed out of jail. I'd go and I'd go and do so. Not a thought in my mind, right. But to watch that, well get poisoned because they missed a crucial part of the whole war that we're trying to fight, knowing full well that in the conversation two, three years ago, we had conversations, I was like, no, no, don't look at it that way. Look at it like this. It started with the Federal Reserve thing, and it's like. And it's only snowball for me from there. And I'm not. I haven't lost the plot, I don't think, but I like, look, let's continue to have this conversation. Let's not, let's not retreat to our. To our echo chambers. And I can tell you that. And it's sad because, you know, I call them up and say, hey, let's do a show, and they get nothing in response.
- [22:24]
Marty Bent
I haven't seen these crash outs. What. What are they hung up?
- [22:26]
Tom Luongo
Oh, I'm talking like, I go watch. Just go watch, like, anything that the judge puts out on a daily basis at this point, it's. It's. It's not even worth. I had to turn it off after a while. Doug. I can't. I can't watch Doug McGregor anymore. I can barely watch Tucker Carlson anymore. Like, I can't watch any of these people because it. I don't. I. Because I can't tell if they're just watching the, you know, they're putting on the wrong glasses and watching the 3D version of the movie, though. You know, they're putting on their Hoffman glasses and they're seeing, you know, the aliens running the show or if they're just looking at reality. I can't tell at this point. Right. And I can't tell if it's that or if they really are. You know, I can't. I don't want to believe that or anybody's. Anybody's asset. Like, I don't want to go there, but it's so hard not to. And so I started talking about this yesterday and, And Alex Craner was. And rightly so. It was kind of critic, you know, trying to get, you know, trying to get me to walk me off the ledge about this. Like. But, Tom, we have to continue to keep talking because at some point, they're. They're going to come around or we have to keep, you know, I'm like, I. Yes, I understand, Alex, but it's, you know, at the same time, some of what I, what I do, and I know why I do. I make a conscious choice when I do something like this is to say I know I'm reflecting a certain part of the zeitgeist, right, that I'm hearing from the people that I, that, you know, that tune into shows when I'm on them, right? Or who are my patrons or whatever. And so I, I'm gauging the, the level of frustration that everybody's having or the, or where the, the things of the narratives have shifted or where the breakpoints in the narratives are. And what I'm trying to do is highlight that so we can only just get stopped, you know, being little bitches and let's sit down, have a conversation. But you know, you know, for example, Robert Barnes ghosted me three years ago and didn't say, and then didn't interact with me in one way at all for three years. Even though my people were like, dude, have him on, like, have it out. Have him on the show. Or, you know, come on, go on his show. Let's talk about it. Until Venezuela. He comes after me on Twitter and calls me a qtard, a Q tard. Called me a Q tard about the Federal Reserve trying to like take out city of London. I'm like, oh, that's it, dude. It's on like fucking Donkey Kong. Fuck you. Fuck you, you half assed fucking process lawyer from Vegas. Fuck off. That's all he said. I'm like, I just. But I know what that was. And he did it without at tagging me and somebody at tag. And then somebody tagged me and let me see it. And I'm like, oh, really rock. And now I'm just like going, now I don't care. And I hate to like make this a big part of where we are of this conversation today, but it's important because what you're seeing is this is a classic divide and rule play that the British do. They start these psyops, they create this, they create this like this anxiety and this horseshit and get everybody fighting amongst themselves when we should be fighting the enemy, which is them. And you know, I don't care if you think the enemy is the Jews or it's the Brits or it's the French or it's the Chinese or whomever, but we should be having, we should be, you know, who's the progenitor of these psyops? I happen to think it's the British because, like, they've got 300 years of doing this shit and they're good at it. And they've been skunk. Skunk works in this shit. In the bowels of GCHQ. And am I six and am I fine for the last 300 years? Like, it's nothing new. So, like, I go there and that. And I also go there because they're the ones always trying to deflect people from how. From what they're doing as opposed to. And then trying to turn it and scapegoat somebody else. When you see somebody constantly trying to scapegoat somebody else and minimize. And then activate their bot farms to minimize their talking point, you know, you're over the target. So now all of a sudden. So now in the last year, I've become a Zionist shill. That is part of the $7,000 club because I have a Roman nose, apparently. Like, what, are you kidding me? I'm Italian.
- [26:51]
Marty Bent
That's one of our top YouTube comments. When you come on.
- [26:54]
Tom Luongo
I know, it's hilarious. It's pathetic. Like, dude, I'm living a fucking RV in the middle of the rural Tennessee. Like, half the time I podcast I. Outside at my house or where just to show people that, like, I'm not rich. Like, if you think I'm. I do this because, you know, the Israelis don't pay very well, then neither do the Russians, by the way. And neither does Trump. Like, you know what I mean? Like, any one day, I can be any. I can be any one of those three people. I'm like, how about I'm just a dude with a. With an attitude problem and a big mouth that says shit you don't like.
- [27:34]
Marty Bent
I think that may be the case.
- [27:36]
Tom Luongo
I think that's kind of true. Right?
- [27:38]
Marty Bent
And I mean, you mentioned, like, the two you on the shoulder and then the other lens on the other shoulder. And you said you can just hear them reading the National Security Strategy document and saying, ah, the arrogance. But I thought it was written again, intentionally, in many different ways. Obviously the length of it, the focus of it, but even the wording. Like, you said arrogance. Like, when I was reading it, there was like a bunch of humility, which was like, hey, we're not going to nation build anymore. We want to focus on the Western Hemisphere. We don't want to be over the Middle east and meddling in affairs and in. In that part of the world. And we do have a focus on Asia, but we're not really going to be, like, gung ho about things there. We need to strengthen, number one, our domestic economy and then our region. And it's not nation building explicitly stated in the document, like we're not here to nation build. You just want to partner with like minded allies in the region who can help secure their borders and then hopefully begin to engage in economic trade that uplifts all boats. And again, go read it. It's 33 pages, but really 29 pages of the strategy. And it all seems pretty common sense, straightforward to me, which is refreshing as an American. It's like, oh, you're actually telling us ex exactly what you want to do and it makes a lot of sense.
- [29:02]
Tom Luongo
Right. Well again, the, the two, you know, two movies, one screen thing is that one is reading it generously and one is reading it ungenerously. Like I, I, I've done podcasts recently with, you know, with people talking about, you know, the stablecoin building, the Jesus, the genius act and stablecoin plan and everything else. And so many of them had just are, they're in, everybody's in such fight or flight mode. And again, you know, when I watch people, you know, when I complain about what I'm seeing in other, other commentators in the space, I'm not doing so because I'm like angry or anything. I'm like, I'm actually disappointed and actually sad and frustrated because I can't have, I know I can't have a rational conversation with them. I, I watched Alex, you know, for example, I watched Alex Cristoforo, you know, debate Susan Kokinda on my friend Crypto Rich's show. And like, it was like, it was exactly what I expected was going to happen, which is why Alex has not come on that show when I've been on for over two years and there's a reason and I could see that happening. I'm like, oh God, don't go there. Let's have, don't, let's not do this. Right. But it's the generosity is the important part. They don't want to give up that it's the American empire is evil framework. And you know, I look at it and I'm like, oh, fuck sake. For the first time in my entire life. Yeah, we're not going to nation build around the world. Well then what's this? Venezuela. Why? He's been, what do you think? He has a carrier group in Venezuela. He has a carrier group in Venezuela because you've got, you've got all this, ew. You've got all this, all this ability to, to watch and listen to the way the logistics are going to light up. When they start when they, you know, Take out a boat. And then they gotta. Still gotta move product. They gotta move it through a different channel. Like, you know, you're just watching it. You know, you're just. They're watching in real time what's happening. Somebody else brought up to me today. It was a patron, like, I was reading, checking my DMs on Patreon. Patreon came up with a great observation, which I missed, and I'm gonna pass it along. And it's not original from me, it's from one of my patrons. And it was a brilliant comment. If he said, oh, by the way, Maduro, because he works for fucking Britain, was getting ready to invade Guyana because of the oil discovery. And so now he can't invade Guyana because he's got to worry about Trump on his northern border. He's got to worry about the carrier group on the northern border off the north coast. Like, how about something simple? Like, yeah, maybe they were planning on doing something else. Maybe the real regime change was actually going to happen in Guyana. Like, I'm. I'm not saying it's true or it's the only thing going on there. I'm saying there's another. You've got to add that to the mosaic of what Venezuela is. And if you think it's just about the oil, holy shit, dude, you're like, you're. You're. You're now in 2015 land. Like, we're not. This is. This has nothing to do with that. This has to do with the election fraud, with the gun, with the drugs and the guns, and the breaking up of the illicit money or the private money flows around the world, which keep the old empire, the shadow empire, which never ended, you know, flush with cash. The first thing Trump did was go after the public money, all the NGO money. Has he gotten rid of all of it? No. And so anybody who's crashing out with the. With, you know, allowing the perfect to be the enemy of the good arguments, which is what you're seeing from almost every libertarian. Like, he does nine things. Great, let me back it up. We'll make it this way. My dad used to have in his office this thing, and it was a. You know, rules for working here. Every time you do something good, you get an attaboy. And, like, all the lists of how you can get an attaboy. But, you know, and it takes a thousand attaboys to get, you know, some kind, you know, to get the next thing. But if you get one, oh, shit, you're back to square one, right? So I used to read that my dad had that above his desk. And, and, and when I, when I, when he was my first boss and I used to read that and I would just walk into his office, I laugh every freaking time I saw it. But that's the way a lot of people are arguing about Trump's foreign policy and Trump's domestic policy and his fiscal policy and everything else, and it's nonsense. And he's shut down usaid, which was the big money pump. He shut down Ned. He's got people and he's got DOGE as an operations department embedded in every cabinet office. So he doesn't need a separate bureaucracy called DOGE anymore. And they're going through and they're destroying the grant money and those things that this shit takes time and to map at the same time, map out where all the money's been flowing through the banks and everything else. And sometimes the only way you can get that money to, to flow is to poke the snake and then watch them light the accounts up that have been dark forever. Personally, I think that's what's been going on with bitcoin for the last, like, three weeks. I think they're like, out of money. Like, it makes sense to me that we're watching their wallet. I think we're watching cold wallets that are old, Intelligence service wallets that are 10 years old. Like, you know, or oligarch wallets that are 10 years old that has just been sitting there cold. And then they're dumping these bitcoins on the market. Because, dude, I'm watching the markets today. Put out a big, long tweet this morning, you know, because, you know, and it was actually in response to something, a short conversation between Larry Leopard and, and Dave Collins. And I, you know, it wasn't, it wasn't, for once I wasn't being a douchebag. I was just like, responding to them and because they're, you know, they're both good guys, I, you know, I love Dave and, but then it's like, okay, I, I, I put out a, a response tweet to them about Japanese yen and the bond markets and stuff, but no, this needs more color. So I didn't put up a big post, three part post about bond spreads, the yield curve and, and all this stuff. And, you know, and I said, we have, you know, so we're looking at this, you know, I'm trying to look at this. This. What I think is going on with, part of what could be going on with Bitcoin is when I'm watching the, the way the bond market, the US Bond market is trading now, the characters changed. It used to be that when you saw a sell off in the tens and the 30s, you'd see buying in the ones and twos to try and sell the idea of a recession with an inverted yield curve. That's not happening. The US Yield curve is now really flat through the middle and then rising. That means that they're selling tens and thirties, but they're not. We're putting the money back in the ones and twos. They just need the fucking dollars. So it also makes sense that bitcoin's being attacked and capped every time it tries to bounce about 91, 92,000. You're watching it like for the last three days it's been just like capped at like 90 or actually since Thursday, capped at like 91 grand years. Watching that same, you know, behavior over and over again, I'm like, oh, yeah, yeah, they, they're out of money.
- [36:20]
Marty Bent
Yeah, it's a bunch of Bart. Bart formations on the chart over the last week. It'll get up.
- [36:24]
Tom Luongo
What's a Bart formation?
- [36:25]
Marty Bent
Like Bart Simpson will go up.
- [36:27]
Tom Luongo
Oh, right, right, right, right, right, right, right, right. Okay, yeah, no, exactly. It'll go up, it'll sit, trade sideways and it'll crash it, then it'll go back, then it'll go back up again. Yeah, especially if you watch like the, the one hour or the, the two hour chart, I think looks like. Looks that way. So yeah, I've been thinking in those terms for a while now. I also think that they're desperate to stop Trump from relisting Fannie and Freddie and get them back on the New York Stock Exchange and get the investor flow into that. Absolutely convinced now that the entire 2008 financial crisis was designed from the ground up to steal the, to nationalize the mortgage market and the insurance markets. I'm. I'm convinced of it now. I mean, I can't go back over this and watch. I don't know if I don't remember if you're a subscriber to the newsletter or not, but I wrote about this all last month in the newsletter and I went, yeah, my conspiratorial mind is now going back over 2008 and I'm looking at the series of events of what actually happened in what order, on what date. And I'm like, the plan was to kill. The plan was to take control of Fanny and Freddie and they had to then liquid. Then they had to detonate Lehman Brothers and aig in order to cover it up. And AIG was the only one that got the bailout. Lehman Brothers got destroyed. Fannie and Freddie got put in the conservatorship. London based AIG got infinite bailouts as opposed to being broken up into various good parts and bad parts. And what did we wind up with? We wound up with Dodd Frank, supplemental leverage ratio, all of this stuff that is denied. And then Obamacare, which Fannie and Freddie profits from 2011 and 2012 want to pay for. Obamacare. Seems interesting that we would stage one of destroying the capital formation ability of your generation and my generation as we're coming into our prime earnings years that they would bankrupt everybody, then, then take, then make it nearly impossible for small business owners to get a mortgage or, or a loan in America because of the capital, the capital requirements, the fact that we can't use our balance sheets and our profit and loss statements to get loans. We have to come in with our tax returns, which they know damn well small business owners don't file on April 15th. So for six months out of the year, it's almost impossible to get a fucking mortgage. Ask me how I know this. Because they just spent four and a half months fighting with Wells Fargo underwriter because I hadn't filed my 2024 taxes yet because I'd filed an extension because we weren't ready yet. Like it's a simple thing like, oh, so you're going to do basic tax avoidance strategies by having, you know, like the same LLC strategy every other person in this country has. Well, guess what? You don't get to get a mortgage for six months because of stupid Dodd Frank rules and Elizabeth Warren screeching at you, screeching at the bank auditors off. That's literally the way the American mortgage industry has been working for the last 15 years. 17 years. And on top of that, the banks are all capital starved and they had to have to go along with this because the supplemental leverage ratio was forcing them to hold extra capital against their risk free US treasury bond reserves. Excuse me. I know you listen to the podcast I did with Caitlin Long about this. She's the one who brought this up. Yeah, that's the dumbest thing I ever heard. If it's the risk free rate, it's the risk free rate. Or does the Black Scholes equation not work anymore? Yeah.
- [40:06]
Marty Bent
And so.
- [40:08]
Tom Luongo
And then they killed. And then they, and then they used the profits from Fannie and Freddie that they kept in the receivership on ice to fund Obamacare to destroy the health care industry that's well and that's why and that and then they gave us Covid and then they flooded the channel with money and destroyed the frigging pricing mechanism of everything. Housing, cars, jobs, this everything beef, all of it. All designed to destroy the middle class. Because as always folks, before communist revolution, the kulaks must be liquidated.
- [40:40]
Marty Bent
Suffreak's healthcare open enrollment has started. It will roll through the end of January. Opt out of traditional health insurance which doesn't care about you. It's impersonal, it's expensive. They deny increasing amount of claims. Premiums are going up. You don't have to live this way. You can opt out. I opted out four years ago and joined crowd health. I've been a crowd health member, a very happy crowd health member for four years. I've had two children. A couple of health event that time period and crowd health has been there. You pay a monthly fee. You contribute to the crowd. We were paying $1,800 on Cobra as a family of three. Now we're paying around $900 a month as a family of five. And that's with crowd health and direct primary care. You can opt out of health insurance. Go to JoinCrowd Health.com TFTC you're going to get $99 a month for the first three months if you use the code TFTC. Join CrowdHealth.com TFTC Sup Freaks 2025 left many wondering was this an underwhelming year for bitcoin? Where the quiet setup for an extended bull run on December 17th at 1pm Central, join Preston Pish, Connor Brown and Unchained for Bitcoin in 2025 a year in Review, a concise breakdown of the macro trends and policy developments that truly shaped the year. You'll hear what mattered most, where the market stands now, and what these inflection points reveal about Bitcoin's long term direction. If you want clarity on where bitcoin has been and where it's headed next, don't miss this event. So go Register now@ Unchained.com TFTC that's Unchained.com TFTC. How would you grade the administration despite all the blowback? And I think what you would deem to be noise in terms of I.
- [42:03]
Tom Luongo
Would give them an A. The only way they don't get an A plus is that they're still validating the media. Trump hasn't fully destroyed the media by just going to fireside chats. I mean, if there's one thing that Robert Barnes and I agree about how he's mismanaged things is that he hasn't gone to fireside chats. There's like, stop playing the media's game. You don't need to beat up on them anymore. It's like beating up on a cripple. Everybody hates the media, so it's easy. We can take care of that. I am perfectly capable of memeing PMSNBC out of fucking business. Leave that to me. You don't need to waste your time with that. You're the president. Go speak to the normies and tell them and speak to the kids who aren't quite sold on you yet because you put out a meme coin last year. And he needs, he doesn't realize how badly that that fuck was. It was a terrible move. I know why they did it. I tried to explain this to my 19 year old daughter. I'm like, sophie, I told my daughter, I'm like, dear, you do realize that he spent nearly a billion dollars of his own money on legal defense to stay out of jail, right? For all bullshit. So the way they got that money back to him is that he issued a meme coin and they threw the money back in. He didn't really. Most of the people who got caught up in that did not, you know, most of that money was not raised, was not raised by, you know, Normies making $85,000, you know, plumbers making 85 grand a year. That was mostly money that was funneled into it.
- [43:32]
Marty Bent
Yeah.
- [43:33]
Tom Luongo
You know, it was no different than say then giving him $1 billion book deal. Now the average is what they're doing with Biden.
- [43:39]
Marty Bent
Right. Doing it on like the inauguration weekend, like the Friday of. I think they let some foxes in the hen house with that world. Liberty Fi team. Never heard of them. And I think they are opportunistic scammers, for lack of a better term. But when I say, like, what grade would you give them? I mean, based off of your basically assuming that the public and many others don't understand what's going on. Like, is he actually making progress? Is the administration making progress towards. He is bringing sovereignty back to the United States.
- [44:13]
Tom Luongo
I think he is. I think he's doing great. I think he's doing well. I think he could be doing better. Right. But I'm okay with, I'm okay with the, with the perfect not being attainable. It's a war. And no, you know, and no war, you know, no battle plan survives contact with the enemy. To be honest with you, I think that he's done more than I ever expected him to do. I didn't expect him when he, you know, I. I know you and I talked about this, but just to reiterate to the audience who may have. May not have seen those conversations, I was shocked when I became obvious to me that he was going after London when he sent Elon Musk over to go after the. To go after Keir Starmer and the rape gangs. The minute he did that, I abandoned. Bout fell out of my chair, and I'm like, oh, my God, does Trump actually understand what the problem is? Say it isn't so, man. And I. It was a big shock to me. And, like, in the course of maybe two or three days, I went from, you know, he's my ship. He's, you know, he's a shitbag property developer from Queens, but he's my shitbag property developer from Queens to, Dude, like, I was. I was stoked. I was absolutely stoked. I spent the entire weekend, like, thinking about the potential implications of that and then going over some of the stuff that I had missed in. Because, like, everything else you get, you know, you think you know something, so you go on autopilot for a while, and then something happens that makes you go. And you're like, fuck, I was wrong. Yeah, okay. And sometimes you'll go, fuck, I was wrong. And I'm happy to be wrong. That's a good sign. And then he goes on. Then he goes, you know, then. The first three months of the administration were amazing. And you always had to realize that at some point, the Democrats slash the bad guys. The media, whomever were going to get their feet under them, Like, Dexter White and I had long conversations about this, you know, back in March, April. He's like, he cannot let them get their feet. He has to constantly be hitting them. And the Epstein files was the perfect mechanism by which to derail his momentum, right? And he fell for it, and he got sucked into it. And, you know, they got a win or even maybe two. And, you know, I feel like this.
- [46:49]
Marty Bent
Week or last few weeks, with the Somali, The Minnesota Somali narrative that's being unearthed there with the abject fraud of the. Of the medical grants and other sort of federal programs. And I. I mean, Tim Waltz talking like Barbra Streisand, affecting himself to having people drive by his house to call him a retard, like, yeah, it's great. I. Mimetically powerful, but also like, hey, a microcosm of this mass migration. Flood the zone, change the demographics. Demographics is Destiny, like, really highlighting. Like, hey, they're not sending their best.
- [47:30]
Tom Luongo
Not. They're not. I mean, Somalia, if they are sent, they may have sent their best. You know, no offense to, you know, Somalia has been a, A place of, Been a. It's been a pretty horrible place for a long time. And, you know, people don't thrive. You don't get. You don't get the best people under those circumstances. You don't get, you know, I mean, it's tough. You know, we know physiology is real. If you starve children, they don't, Their brains don't develop very well, that kind of thing, when they're malnourished and they're under, you know, like, all of it. And I'm sorry, I've, you know, I've used the phrase IQ 60 Somalis enough times that I'm not going to feel. I'm not going to, you know, give a. Whether people think I'm a racist or not. It's 2025. That, that, that term doesn't have any power over me anymore. Like, maybe these are the best that Somalia can actually give us. Maybe Ilhan Omar is like a six sigma Somali. She's clearly something because she actually can speak, for fuck's sake. But, you know, sorry, folks, I don't care if I, If I offend the Somalis in the audience, but get the fuck out of my country. Because you were brought here by Obama to destroy Minnesota. Like, you know how much Obama hates America. He took one of the whitest places on the planet and brought the dregs of Africa and dropped it into Minneapolis. I'm sorry. He should be hung for that alone. Forget Obamacare, forget Russiagate, forget every. Every other goddamn thing that son of a bitch ever did that alone. Sorry. So, yeah, Trump has so many different ways he can get the momentum back, and there's nothing. There's nothing they can do about it.
- [49:30]
Marty Bent
I mean, I mean, you alluded to it, but the Overton window shifting, how much does that play into his favor, too? I mean, it shifted dramatically.
- [49:37]
Tom Luongo
Everything shifted. That, I mean, like, when, you know that, that, that chick it at. At Cinnabon the other day. Did you see that video?
- [49:46]
Marty Bent
Yeah.
- [49:46]
Tom Luongo
Like, you know, I'm like. And everybody's like, yeah. I mean, everybody's like, yeah, we. We don't care anymore. Like, call us a racist. I saw a meme the other day. It was funny. It was like, 2015, you're a racist. Whoa, what. What are you talking about? And then 2025, you're a racist. You Know, I was like, okay, well.
- [50:11]
Marty Bent
More importantly, too, I think people are realizing, like, particularly as it comes to the immigration policy and sort of investigations into the smaller community in Minnesota and now Columbus and other immigrant populations across the country, it's like really getting down to brass tacks, like, all right, are they net positive economically or not? And more importantly, really getting the message across, like, hey, I'd rather not do this. Have to send the National Guard in and Border Patrol. But unfortunately, we were put in this situation and we can't just let it persist. We have to do something about it.
- [50:47]
Tom Luongo
We have to do something about it. And most people understand that. And that's what Trump's biggest problem is, the same problem that Putin has, I've been saying this for a couple of weeks now, like, that is that his population wants him to move harder. Like the, the average Russian wants Ukraine dealt with more virulently than Putin is. And that's. And Putin's got the problem of hardliners wanting him to go harder. Trump's got the same problem. If, if we take anything away from, if the big takeaway that we should have of the rise and soon to be, thankfully, fall of Nick Fuentes, it's that, that there's an entire, there is a subset of Americans that are like, you need to move faster. And part of that is because, again, let's go back to the fight or flight thing I talked about earlier. I talked about in terms of the commentariat worried about Trump not having a clue as to how foreign policy is supposed to work. I happen to disagree with that because pretty obvious that he does. He just prosecutes foreign policy and statecraft in a different way than they're comfortable with and they're used to. We have the same, he has the same problem. He's got a lot of people that want him to move, to go harder. Then he's going and he's trying to hold that line. I think he's right to do that. But I can, you know, I, I'm not going to because again, look at what happened with Jim Comey and Leticia James. You know, you have the. Steve Murray's out there again, love Lieutenant Colonel Steve Murray, great guy, call him a friend, but him, I sparred with him like publicly on the air. Like, but, dude, like, just arrest somebody, for fuck's sake. Okay, so we arrest James Comey, we arrested Letitia James, and the judge just throws out the case because, you know, the Senate hasn't confirmed any of our, any of his AGs, like, and I got news for you. The legal team inside the Trump administration understood this. But what are you going to do? What can you say other than hey, approve our friggin our district, our DA's so we can go in there and legally do what's they threw Harmony, they threw Alina Hava out the other day. She's gonna come back. But I mean like this is, this is all this gross extend and pretend and part of what's happening here, Marty, this is why I say this is, this is six video. All of this stuff is all part of the same thing. They want to turn Trump into Lincoln. They want to turn him into the guy who has to suspend the constitution and suspend habeas corpus and start doing stuff extra, quote unquote extra constitutionally in order to justify for them that they can go and they can wrap themselves in the morality of states rights and go, we have to defend democracy the same fucking bullshit that they're trying over in the European Union to get the false flag Putin into, you know, I don't know, attacking Gdansk or some shit, I don't know. But it's the same thing. They need to have the moral high ground to be able to write the headlines, to do the thing. And that's what they're, that's what they're playing. That's their game plan. That's the British model. That is the color revolution model. How you beat the color revolution model is exactly what Trump is doing, which is you send in ice, you send in the National Guard and you break all this shit up and you, you fight intelligence assets and intelligence money with the military because spies can't stand up to the military any more than snipers can stand up to, you know, company of men coming. And you know, in a, in a, you know, snipers are only effective as long as they haven't, their position hasn't been found. The minute you know where the sniper is, the sniper is not vulnerable and the sniper better, better have a fallback plan, right? Well, it's the same thing with spies. The minute the spy, you don't, you know that that's the spy. You can't stand up to men with guns. At that point they come after you and they liquidate you. And I don't care if that liquidation is financial, legal, whatever, you know, that's a metaphor for we're taking you off the board. Spies can't stand up to the military. That's why Trump is using the military the way he is. That's why they're going after hegseth because you know, and I agree with the Burlingame. He wrote a piece the other day saying the reason they're going after Hegseth is because he's a warrior who drinks too much. He doesn't give a shit and he's going to blow you up because he knows you're the enemy and he doesn't give a crap what you have to say about it. He doesn't care. But you're a reason. I don't care. Die. That's my job. Die.
- [55:44]
Marty Bent
Do you think they'll be successful in undermining Heck Seth and getting him out?
- [55:49]
Tom Luongo
They've tried how many times now? Like the libertarians are diluting themselves into. Having delusions of adequacy that they have enough political power to do any of this bullshit. The truth of the matter is is that you know that X is a free platform because Thomas Massie and Rand Paul and the rest of them and Dave Smith and all of these guys, they all still have a free they all still the quote unquote poll that they do on X because Elon can turn the freaking dial down on them to four tomorrow and he's not doing it.
- [56:30]
Marty Bent
Well, how much of this.
- [56:31]
Tom Luongo
It's in his best. It's in our best interest to do that. But he's not doing it. He's going to let it play out.
- [56:37]
Marty Bent
Because you need to running with this. You need to show relative restraint.
- [56:44]
Tom Luongo
You just have to keep staying on the just this side of constitutionality. And then when they make a move, you act decisively and you kill it with fire. It's what they did in LA in June, the riots in LA in June over ice going into that Laundromat, which I thought was hilarious. They went into a Laundromat that was laundering cartel money. Like the optics couldn't be more obvious. And they didn't tell anybody what they were doing for five days. They went in there on a Friday and it wasn't until Wednesday that Tom Homan started doing the, the, the, the, the media rounds to explain why they were there. They let the Democrats and Soros and the rest of them gin up a Renabiner mob do the whole Set the city on fire so that Trump can then turn around and bring in the national, nationalize the. The California Guard, bring in Marines, do the thing and wipe it out. But the entire time they were watching all the money being lit up. How many accounts got lit up to pay for that rent of beer mob.
- [57:53]
Marty Bent
How.
- [57:53]
Tom Luongo
And I've watched them do it now a hundred times. All over the country.
- [57:58]
Marty Bent
Who is coordinating this in the administration? Is it.
- [58:01]
Tom Luongo
I don't know. But, but I'll, but I'll take a, I'll, I'll take a guess that it's Stephen Miller or somebody attack or somebody directly attached to him. That's what I would suggest. But it may be that Miller is more the Constitution. He's the one setting up all these EOs to get, knowing full well that they're going to get, they're going to challenge them this way in court and then they have their, then they send the guy to the Supreme Court and make all these arguments like the Humphreys exception or whatever the hell it is that they're arguing today. That's an important one. Just as important as Chevron. Like they, they wrote a lot of these executive orders and they use certain provisions of the, of the, of the U.S. code, the legal code, like the emergency, using declaring a state of emergency to do tariffs, knowing full well that there would be a legal challenge that will go to the Supreme Court. I think they did all this stuff on purpose because you needed to get all of these old bad abrogations of executive power off the books. Now, I talked earlier about reframing the 2008 financial crisis as a shot to get nationalized. Fannie and Freddie, what if all the Democrats fighting about, oh my God, he's going to get all these Supreme Court picks, oh my God, that it was all about abortion. They kept saying it was all about Roe v. Wade. It's never about Roe v. Wade. It was always about Chevron, it was always about the Humphreys executor. It was always about this thing about, it was about reestablishing proper executive power. And it's funny, I was telling, talking to my wife about this, I had that insight today or had that thought today. And then I was chatting with my wife and I said, you know what really pisses me off? She's like, what? I'm like, well, aside from everything. I'm like, yes, aside from everything there. What really pisses me off is I think back now on all those libertarian commentators I used to read all the time that would complain about the executive getting too much power and that they, you know, and it was, there was all that, it was a constant stream from all of these guys about how the presidents are now too powerful. Even though the reality was, is that Congress, I've kind of known this for a while, the Congress ceded some authority to the presidents that it shouldn't have ceded, like never passing a budget, declaring War like that. But on the other side, the Supreme Court was handing executive power back to the legislature, or worse, taking it and handing it to the managerial class, to the. To the cabinet class, and saying, you can't do anything with. You can't. You. You can't fire them. You can't do this, you can't do that. And I'm like. And they never addressed that part of it. They only ever addressed executive overreach. And I'm like, huh, wow. Maybe it really was just nothing more than a big British psyop the entire time. And that really. That pisses me off because I don't want to believe that of a lot of these men who, you know, are. I've always thought were good people. And maybe they are good people. Maybe they're just not having again, you know, you can be misled and then, you know, and have tunnel vision because of your imprinting or because of this or because of that. Like all of this stuff. And I'm like, there's something wrong here. Like, all of this, you know, all of this stuff is not. Is. It's off. There's something very off about all of this. And I think everybody really needs to take a step back and really reassess what it is they think they believe. And this is myself as well. Reframe what you think you know, about history, about America, about the Constitution, about our Republic, about all of this. About all of this stuff. And I think if you do that, honestly, you're going to really begin to find where the best way to put this, you're really going to find where the external lack of depth in your analysis actually, your position actually is a lot of bitcoiners are really going to have to rethink. And it's not just bitcoiners, gold bugs and everything. Like, I. I'm at the point now where I'm like. I mean, I don't even like, I'm like, really? Peter Schiff, your Pacific Capital, he's been telling me the entire time he doesn't work for the United States.
- [62:45]
Marty Bent
Yeah.
- [62:48]
Tom Luongo
So it's not about gold. It's about that. It's about the fact that, you know, the. His dad went to jail and died in jail. Over. Over. Which, by the way, is, you know, was laudable in its way. And I get it. But hey, if I have to play amateur psychologist for Peter Schiff, that's as generous as I'm going to be. But you should have processed that shit 20 years ago. And that's been watching the way the world plays out. I think his antipathy to bitcoin. I could easily make the argument that his antipathy to bitcoin runs through whatever relationships he has with London. Because London is absolutely dead set against bitcoin. So was Brussels, so was, you know, that entire version of the entire area of the world. They don't want that.
- [63:35]
Marty Bent
Well, it's a bitcoin. I'm glad to hear that. The, the enemy doesn't like it.
- [63:38]
Tom Luongo
The enemy hates fucking bitcoin. Why do you think I'm still a bitcoin guy? Why do you think? Why do you. I mean, honestly if, I mean if, if I saw coming out of the EU and or out of London that they started to really embrace bitcoin, I would have to take a serious step back and wonder about the whole thing. Yeah, I'm not kidding.
- [64:01]
Marty Bent
I've seen you've been embracing XRP though. What's up with that?
- [64:04]
Tom Luongo
What's that I'm embracing? No, I wouldn't say I'm embracing anything. All I'm doing is reading what's happening.
- [64:12]
Marty Bent
Okay.
- [64:12]
Tom Luongo
What I think is happening is that the Treasury Department is now, is in the process of creating a secondary. A new mechanism to replace swift, to replace all the. To replace a global payment system and settlement system for US Treasuries and US dollars that is not controlled by swift, the bis, the imf, the World bank, all that, all of that. And that's. And I think Ripple's just been chosen. That's what I think. And it's nothing more, nothing more complicated than that. I know there are a lot of people out there who want to call me a Ripple shill and a shitcoiner and this and that. Like, dudes, I've literally stated this exact thing this way for a year. And I'll be honest with you, my people internally were begging me, begging me for two years. The Ripple guys in my community. Two years. Tom, what the fuck, dude, you have to take a look at this. What's going on? I have serious friggin Ripple guys in my community and it finally, you know, it was only. I finally started like watching the, the lawsuit, the SEC lawsuit and watching the machinations of the SEC lawsuit and that's when I realized that, yeah, no, this is clearly an operation. This was another one of those extend and pretend operations and it was designed to do a bunch of things. I think the, I think Jay Clayton left that poison pill on his way out the door in order to get us to the point where we could have real crypto legislation in the United States, because we had to have a, we had to have a court case which then defined what a digital security was and what a digital asset. You know, where the, the, you know, where securities begin and end in the digital space. And I think that that's what that was for with the long term plan of trying to, if they ever got back into power to wrest control the monopoly control of the issuance of dollars away from the Federal Reserve and put it back in the hands of the Treasury. And I think we're, I've been saying this for a long time. You know, I have, this is nothing new. I've been saying this go back almost four years now, three and a half years. I'm saying that I think that this is where we're headed. And I think Besant has made it abundantly clear that's what he wants. I think Jay Powell set the table for him and I think if Kevin Hassett is the Fed chair, it's going to happen.
- [66:50]
Marty Bent
Odds are looking pretty good for that. And I was talking to, I actually had Susan Kukinda on for the first time last week.
- [66:57]
Tom Luongo
Yes.
- [66:57]
Marty Bent
Didn't know you guys were friends. But she brought up the presser that dissented either last week or the week before where he mentioned like 50% of my job is national security, which was a surprise to him.
- [67:10]
Tom Luongo
I also noted, Marty, so two days after Scott Besant comes out and says buying bitcoin is good for America, they start bombing the fucking crap out of it.
- [67:22]
Marty Bent
What's that say to you? Oh, the British start bombing.
- [67:26]
Tom Luongo
I think that, I think we're dealing with that whole globalist crowd trying to attack. And I think it's coming directly. It probably came from what I think and, and others. But yeah, and again, Larry Fink is also in trouble because blackrock and Blackstone and which, you know, and all of those guys, those private equity guys are all, you know, over, beginning to get over a barrel on all their, their residential real estate in places like New York. The close are blowing up their, their private equity, their private loan portfolios are blowing up. They may just need a whole fucking load of dollars, dude.
- [68:02]
Marty Bent
Yeah, that's a good point.
- [68:04]
Tom Luongo
And Scott Basenda sitting back there going, hi, my name is Thurman Munson and I'm catching fastballs. New Scottish is on the mound and I'm catching fastballs. Stick them in the sovereign wealth fund, another 100 bitcoins. Stick them. You know what I mean?
- [68:19]
Marty Bent
Yeah, well, there's a lot of focus on the midterms last year, obviously Polling doesn't look great because people want things to be faster. Ardor in your mind, how much of this needle threading is dependent on midterms next year?
- [68:35]
Tom Luongo
If not midterms are everything. It's clear and obvious that the whole point of the extended pretend, the fighting over one big beautiful bill, this government shutdown, everything. Marjorie Taylor Greene crashing out. I firmly believe she's in the pay of somebody else. Marjorie Taylor, drama queen. Sorry. And they are clearly targeting a midterm scenario. I mean, it's very obvious. If we get honest to God, you know, voter roll cleanup and election integrity, which I think Trump is now going to start really pivoting to cleaning up Obamacare and he's going to probably see he's got a little bit of time right now. He does, because he's got until tax returns start coming in and people start getting their refunds from all the lower middle class people getting their refunds because of no tax on tips and little things like that. A lot of people in the lower mid to lower income tax brackets are going to start getting their refund checks and they're going to be bigger than they thought. That's going to help him. You got the State of the Union address coming up in the, you know, probably late January, and he's already ceded the zeitgeist with, we need to reform Obamacare. We need to deal with this. We need to do all these things and we need to get Fannie and Freddie out the door and start overhauling the mortgage markets. Because once Fannie and Freddie are out of conservatorship and they're backlisted on the public markets, then they can begin the process of changing the terms in which we get a lot of mortgages. We get our mortgages, we start putting it back at the center of American financial power, which it was. And then all these other things start maturing, like all the investments, all the factories are being built, all the stuff that's happening. Yeah, like it's starting and he's got time to then really make the argument for a lot of these things. And he doesn't have to go faster per se. He just needs to start making things better. A lot of these people are not going to go to jail during this term. If anybody thinks that Hillary Clinton's going to jail. That's not the, that's not. Who cares why we care about Jim Comey? Why do we care about Letitia James? These are all, that's all bait being dangled out there to find out just how far they're willing to go to stop, to derail the train. The target is Obama. And if you go after Obama, you can't fucking miss.
- [71:32]
Marty Bent
It seems like they.
- [71:33]
Tom Luongo
Trump doesn't want anybody else other than Obama. He, that's, that's all he wants. You can, it's, you can smell.
- [71:39]
Marty Bent
Seems like that's what Tulsi's been focused on. Right?
- [71:41]
Tom Luongo
Yes.
- [71:41]
Marty Bent
The last few months.
- [71:43]
Tom Luongo
And I, and notice how Trump is out there taking everybody's slings and arrows while she's in the background quietly doing her thing.
- [71:50]
Marty Bent
How do you think that's going to play out? What's the timeline going to look like?
- [71:53]
Tom Luongo
I don't know. I don't have, I don't have a, I don't have a feel for that. But, you know, you could think in terms of, I would say is that you focus on the domestic stuff now. You reassure people that you don't look like a whole bunch of let them eat cake, quote, unquote, supply siders like they branded Reagan with it, he didn't care and all that crap. But it's, you know, like both sides of the, of the argument work. I mean, demand, pull and supply. There are many different ways to skin the cat. Let's fix the fraud. Let's get rid of, you know, let's just get things going right. Let's keep things moving forward. Obama, you're not going to probably be able to do anything until there's a new Congress at all. Realistically, you can barely get Ukraine settled because Trump. Part of the reason why Trump is having to like play the game the way he's playing it over Ukraine, he can't just walk away because if he does so, he will lose so much support in Congress, it's not funny. And they won't pass anything if not fucking impeach him. Not because we, we would want this. We want this. They don't. They're dirty. They're on the gravy train. They're on the grift. Every goddamn one. You know, the ones who are just cynically on the grift and there's other ones that are like hip deep in the corruption and all of it. And you don't think he can't get, you know, they can't get. They can't muster 60 votes in the Senate if he doesn't set the political table on Ukraine. This is why these people will just pull out. Okay. Yeah. Then what? Like, sorry, this is why Ron Paul would have been a terrible president. A glove on. But he would have been an Awful fucking president because he would not have navigated the politics of the situation and they would have never had the opportunity. Maybe in 2012, things weren't as bad as they are today. That's arguable. That's arguable because that's when Ron would have been president. 2012. Right. Then you can make that argument and, you know, we can fight about it, you know, like men. But Trump has real reality in front of him, which is that he would. He has a Congress that would impeach him tomorrow for being Donald Trump. They could get away with it politically. It's still here. Yeah. It pisses us off that it's a year. We're nearly a year into this and we're still dealing with that. Yeah, war sucks. Get a fucking hat and pick up a rifle. Like that's the way it is. Yeah, they're still shelling us, but we're still alive. We're still in the game. We're more in the game now than we've been in a long, long time. Take the win. Think, don't think. Glass half empty. Don't think like you're in your fight or flight mode. Get out of fight or flight mode, or get out of flight mode and get into fight mode and go, no, no, we got this done. We got that done. What can we do with that? Those are new assets that we have on the table. How can we use those assets to go from here to there and then from there to there? Like, I was talking to somebody the other day, and, like, you have to think like Patton. So little. Little known fact, you know, a huge Star wars fan. So Star Wars Empire, favorite movie of all time. Number two is Patton. Number three is the Maltese Falcon. Okay. After that, the list gets a little inky. But Patton, you know, asked very famously at one point during the whole thing, I. George, I would have thought you just got done with a big battle. I would have thought you would want to. Want to regroup and give your chin, you know, and consolidate your gains. He's like, not me, Freddie. I don't like to pay for the same real estate twice. Patton believed in attacking all the time. Once you have the enemy on the run, especially. And the more I learned about German logistics and the difference in logistics, Patton understood that we had immense logistical advantage over the Germans just numerically. And I mean, our logistics lift in World War II was off the charts. Right. There's a variety of reasons for that. Because we decided, we rightly saw this would be an industrial war. We had industrial capacity. We Used it. And we just out performed, we just out produced the Germans. German shit was better. We had more of it. We see a lot more of it. And our troops, on average, over the course of, on any given day, over the, or over the lifespan of the war, our troops were better armed, better, better, better fed, better equipped with inferior equipment because we had more of it. All we had to do is knock out one German tank and it was out off the field for months, for weeks. You knock out a Sherman and the guys could fix it by the side of the road with the parts of the other Sherman that just got hit, right? Hell, you could, like they were. There were parts sharing between the freaking jeeps. And again, it was just insane the way we, we fought that war. The point being is that Patton understood that he had the logistical lift, meaning he never wanted to go backwards, because that was his asset. He understood that was the asset you use to win this war, not anything else, because that's the best asset that he had. You trained the men to believe in the asset of the, of all of that. And boom, you can do miracles. And then you can get shit like the Battle of the Bulge, right? That's the way we have, we fighting this war today again. And this is an informational war. This is a financial war. This is a kinetic war. This is all. This is a multi theater, multi operational war. It's like everything else. So here we are in the information space here, Trump in the political space and in the, and in the military space and the financial space. He's fighting on all of those fronts at the same time. He's doing a reasonably good job of it. And you'll notice that he's not going backwards. He refuses to go backwards. What's the one thing about Donald Trump? We all know he's a hard worker. Well, it's not this that he is a hard worker, but with certainty we know that he's not going to do tomorrow apologize. No, he does not apologize. He just moves forward. I made a mistake. Fuck that. We move forward.
- [78:42]
Marty Bent
He's literally cursing more too. He's getting more brash.
- [78:45]
Tom Luongo
It's like, it's, it's hilarious. I, when he tweeted, retweeted the other day that video of him and fat JD Vance setting up the, the, the metal band outside of Tim Waltz's house, I'm like, this is the best fucking timeline ever. Like, and there was another one this morning of him and Elon Musk in X Wings attacking the EU Death Star. And it was totally, oh, it was beautiful. Like, that's where we have to be. That's what we have to do. And, yeah, does it sound like I'm a Trump cock knobber or whatever? Fine, yeah, whatever. I don't give a shit, dude. He's the general we have. He may not be the general we want, but he may be the only general who can actually get us to this point in the fucking first place. So stop whining and go figure out how you can make this better. Because I got news for you, dude. Sitting on the sidelines and bitching about Israel isn't winning the fucking war. Well, so it doesn't matter whether Israel's evil, this, that, or anything else. They're soon to be an asset. You have to think like, I mean, seriously, if I'm. If I'm Donald Trump right now, and I'm going to. I'm using Israel here on purpose because it's like the one liability we're supposed to have, okay? I'm doing this on purpose. And I love feeding the trolls because it just makes me happy because again, Patton's my second favorite movie of all time. Israel at this moment in time, if you rip them away from City of London, becomes an asset. Yeah, they may suck and they may be evil, whatever. I don't care. I can use them to my end to get what I want, which is to make America better. I'm thinking like Donald Trump, and that's the way he works. And that may rankle your morality, and that may get on your. You may not be able to square that with, you know, with whatever God you worship or whatever. Fine. But geopolitics doesn't care about your morality. Survival doesn't care about your morality. That's where we are, and that's the way we have to analyze the world. This way I always analyze the world.
- [80:58]
Marty Bent
What's the alternative, too? It's just like handing it back, accelerating towards socialism.
- [81:04]
Tom Luongo
Yeah, why don't we just hand it all back to the globalists who are going to put us in cages and tell us we can't eat meat and tell us that cockroach milk is four times more nutritious than cow's milk and all this shit that every day they go as deep as depraved as I thought they ever could be. I saw that one the other day, and I was like, yeah, that's your alternative. So, you know, if you want to think that I'm in the $7,000 club, folks, taking my 30 pieces of silver from the fucking Israelis, you go right ahead I don't care. I'm on the side of the guys, not going backwards.
- [81:41]
Marty Bent
We love it. What is to end out the year.
- [81:46]
Tom Luongo
Sure.
- [81:47]
Marty Bent
Any predictions for 2026 or Civil War look out for? Really?
- [81:52]
Tom Luongo
Yeah, an attempt. An attempt.
- [81:55]
Marty Bent
Like what's the Civil war look like in 2025?
- [81:58]
Tom Luongo
Well, the civil war right now is the intelligence services have, have, have declared civil war. They've made this abundantly clear. And we're going to. I'm expecting, if Trump continues to run the table on. Well, I, I'll be. Let me, let me put it this way. We just had this meeting today between queer Stalin, Emmanuel Macron and, and, and Frederick. I can't. Frederick Merritt and Zelensky. They've made it abundantly clear that they want war with the Russians no matter what, and they're willing to go along without the Americans. Well, good luck to you and we'll sell you guns. And, you know, again, the anti war crowd will, you know, tie themselves in the knots that, you know, we shouldn't be doing that. Well, yeah, we can sell them guns. Fine. I happen to think for the most part that they're not going to buy, they can't afford to buy our guns because we may, you know, say, hey, oh, but by the way, you got to pay us in gold because we're not taking fucking euros from you. And oh, and if you want to sell those euros to buy dollars to buy our weapons, great, that's fine. You can watch your credit ratings go into the gutter. So we've got you coming and going, folks, because if you do that, we're going to take those dollars and we're going to buy gold with it. We're going to send it to $6,000 an ounce and we're going to fuck you that way. Okay, so besent is a badass, by the way. So if we keep winning like that in the battles that matter, and Epstein is not a battle that matters, Marjorie Taylor Greene's battered wife thing, not a battle that matters. And all the battles that matter, if we're winning, if he keeps winning, they're going to force them into their nuclear option, which is they're going to attack our bond markets. Tell all the governors to, to secede from the union over some created false flag slight. Whatever it is. I know that's what they're ginning up with these, with these war crimes over Venezuelan drug boats, which is this. I, I never thought it would be this lame.
- [84:13]
Marty Bent
It's very late.
- [84:14]
Tom Luongo
It's so lame. It's so lame. I'm like, cuddle Friday. That's all you got.
- [84:21]
Marty Bent
You're going to. You're going to blow up dealers?
- [84:26]
Tom Luongo
I. Yeah, no, like, understand, Marty, I have no problem with US deficit spending right now to pay for the $50,000 signing bonuses for people to join ICE to get rid of all of these people in this country. That's where my soul is. That's why. And why do I think that. And why have I decided to get off the. The, The. The morality train? Whatever. I'm not. Yes. I'm no longer in the I don't Kick Puppies club. I don't wear that T shirt anymore. It's for my daughter. It's for your children, and it's for everybody's children listening. Whether you want me to. Whether you want me to be working on behalf of your children or not. Even. Especially if you hate every fucking word that came out of my mouth so far tonight. Great. Still going to fight for your kids. That's what Trump is doing. I know that's what he's doing. And that's what guys like Hegseth are doing. I know that's what Tulsi Gabbard's doing. She couldn't have children, And now she has put her entire life into national service.
- [85:36]
Marty Bent
Yeah, well, it's funny you say that, too, because going back to the Overton window, shifting, whether it's the Somalian immigrants or just the immigration issue, broadly speaking, I think, particularly in the last three to six months, for me personally, and especially when the Minnesota fraud came out, and it's just like, listen, I don't want my kids to live in a country where that's happening. Like, I'm sorry. Like, I don't care if you call me racist, a xenophobe, a warmonger, whatever it is. Like, I'm sorry, my. My boys will not.
- [86:11]
Tom Luongo
I've been called everything under the. I've been called everything under the sun. Mr. Putin doesn't pay very well. Mr. Netanyahu really doesn't pay very well. You know, the, you know, Mr. Trump doesn't pay very well either. None of them pay well. Like, you know who pays well? My patrons pay well. That's who pays well. And I, you know, whatever God I may or may not believe in, I, you know, thank him for those people every fucking day because they give me the opportunity to give it to you with both barrels and a little dirty to make it stick again. I'm going to keep quoting patent here until you guys fucking get it, because I'm not shoveling shit in Louisiana, folks. All right? That's what this is about. And we either, you know, this is what I'm good at, right? I'm not much good for anything else. I'm really not. So this is what I'm good at. What are you good at? What are you going to do to make the world a better place? And whining about war crimes against fucking cocaine traffickers on Twitter is not making the world a better place. It's just not. So go make your community better. Get the fuck off of Twitter. Shut the fuck up. You're not that powerful. And, oh, by the way, your ideology probably came from the same place that communism came from. The bowels of MI6. Hate to break it to you folks, I was duped too, for a long time. I still think buy gold and I still think you should buy Bitcoin.
- [87:50]
Marty Bent
We'll end it on that sage advice. It's always a pleasure, sir.
- [87:54]
Tom Luongo
Great to say it's great to talk to you. If I do not talk to you between now and the end of the year and to everybody in the audience, please have a Merry Christmas. And we're taking that back, too.
- [88:05]
Marty Bent
Merry Christmas, freaks. Peace and love.
- [88:08]
Tom Luongo
Peace and love.
- [88:09]
Marty Bent
Thank you for listening to this episode of tftc. If you've made it this far, I imagine you got some value out of the episode. If so, please share it far and wide with your friends and family. We're looking to get the word out there. Also, wherever you're listening, whether that's YouTube, Apple, Spotify, make sure you like and subscribe to the show. And if you can, leave a rating on the podcasting platforms, that goes a long way. Last but not least, if you want to get these episodes a day early and ad free, make sure you download the Fountain podcasting app. You can go to Fountain FM to find that $5 a month get you every episode a day early ad free helps. The show gives you incredible value, so please consider subscribing via Fountain as well. Thank you for your time and until next time.