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Trump Just FIRED OVER 6,700 IRS Agents In PURGE, Democrats SOMEHOW Angry w/Chloe Cole
02:09:38
Trump Just FIRED OVER 6,700 IRS Agents In PURGE, Democrats SOMEHOW Angry w/Chloe Cole
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- [00:01]
Tim Pool
Have you ever spotted McDonald's hot crispy fries right as they're being scooped into the carton? And time just stands still. Donald Trump, he's given us a gift. He has ordered the firing of 6,700 IRS agents. And somehow, somehow Democrats are angry about this, and somehow progressive activists are angry about this. Now what I'm so just darn confused by is these far left extremists should be very happy with the destabilization or I guess the gutting of the federal government. Right? Okay. The other story we have is a Tesla location was just shot up with stickers slapped on the window saying, well, I don't want to repeat this, but they're calling for harm to Elon Musk. And I'm just so gosh darn confused about this. The antifa far leftists believe that the US Government is a fascistic terror state. And Donald Trump gets in, he's like, I'm going to fire everybody. And they're like, no, wait, don't. Elon Musk comes in, he's like, we're going to fire everybody and work with Trump. That was actually like an Elon Trump combo. And then the activists are like, they go and they shoot up a Tesla location. I got to be honest, I think these people are fascists. So we'll talk about that. Plus, Donald Trump has declared the cartels to be terrorist organizations, which opens the door for drone strikes on them in Latin American countries. Holy crap. He then called Zelensky a dictator for refusing to have elections. And the Washington Post said he called Zelensky a dictator without evidence, despite the fact the statement was literally dictator with no elections. I just, I got to say, I absolutely love how the media has no ground left. Nothing they say makes sense. The far left activists, nothing they say makes sense. You know, during the first Trump term, at least there was some semblance of a counterargument. Trump says, I'm going to hire Bolton. The Democrats are like, no, wait, that's a really bad idea. And then some libertarians are like, we also agree. And we're like, here's this conflict. Then Donald Trump says, I'm going to fire a bunch of IRS agents. And somehow progressive activists and Democrats are all on board with the federal government now. Seems to me they have no real convictions and Trump is exposing them for who they are. If you guys head over to rumble.com timcast IRL, take a look at the playlists, and then take a look at Game of Money. Jump to minute 19 and 19 seconds. And there's 25 year old me hanging out in New York City in this featured feature documentary game of money with my buddy Harrison. So we got a couple feature length documentaries you can check out Rumble Premium. Of course after this show we have the uncensored calling show up. So that's going to be available for all Rumble Premium users@rumble.com Timcast IRL. We've got delicious coffee@cast brew.com Stock up if you haven't already. I can't stop selling Ian's. Ian's just selling all this coffee. It's crazy. You can buy Ian's graphene dream. You can also go to boonieshq.com and pick up the 28th Amendment skateboard, the right to keep bear and breed chickens, which also is interpreted to mean you have the right to grow your own food. And I firmly, I absolutely do believe in that message. Don't forget to smash the like button. Share the show with everyone you know. Joining us tonight to talk about this and so much more is Chloe Cole.
- [03:31]
Chloe Cole
Hi.
- [03:32]
Tim Pool
Who are you? What do you do?
- [03:34]
Chloe Cole
I am a. I primarily speak on the gender issue and I advocate for the protection of children and vulnerable people from irreversible and harmful gender transition treatments. And this mainly comes from my own experience as somebody who's been through the system myself as a child.
- [03:54]
Tim Pool
Interesting. And another story we do have, RFK Jr has just announced, as per HHS guidelines, woman is adult human female. So this is. Yeah, this is, this is pretty. So thanks for hanging out. Should be interesting. We have a lot hanging out.
- [04:06]
Elad Eliyahu
Hey everybody, what's up? My name's a lot Eliyahu. I'm a journalist here at tim cast. Chloe, it's so nice to have you on tonight. I've been following your story for years and I'm finally, I'm happy to see the tide finally turn on this issue, especially with Trump coming into office. And we'll dive into that a little bit more later. What's up, Raymond?
- [04:23]
Raymond G. Stanley Jr.
Hey, bud. Good to see you here. I'm looking forward to talking to my first neocon. What's up, guys? It's Raymond G. Stanley Jr. I'm, I work here. I do good things. Some blue collar u. S. Marine corps veteran, but I also want to shout out Mr. W. David Lilly. He painted a beautiful painting of shoot Roberto Jr. How terrible.
- [04:44]
Phil Labonte
No, bro. Thinnest of ice now. Thinnest of ice.
- [04:52]
Raymond G. Stanley Jr.
My apologies are Phil.
- [04:55]
Phil Labonte
Hello, everybody. My name is Phil labonte. I'm the lead singer of the heavy metal band all that remains. I'm an anti communist and a counter revolutionary. Let's go.
- [05:01]
Tim Pool
Here's the story from the independent irs to fire 6,700 staff in Trump and Musk's Doge purge. I love how they call it that. Weeks before deadline to file taxes. I just, just. I'm begging you, liberals, stop. It's the irs. Nobody likes them. Why do you keep trying to make them likable? They're trying to create. They're saying right before you have to file your taxes yet. Well, they're the reason we're stressed about our taxes in the first place. I got to tell you, the worst thing. You know, the worst thing is when you're running a business. See, when y'all get your. Your W4s or W2s. W2s? Yeah, you get those, like, in January, whatever. If you got a good company, you can file your taxes right away. I remember back when I was just doing W2. I get my forms, and I'm like, I'm gonna file right away and get it over with. I want my refund. Running a business, it's. It's always down to the very last day because you've got all these different accounts. You got all of these different invoices. You're chasing after everything. They're trying to collect everything. And then we're sitting here being like, we've got to wait four months. And then as business owners, we don't get refunds. We get to. We get to learn how much more we have to give the government to be fair. I guess it's. It's better that we didn't overpay them. But it's absolutely fascinating. Donald Trump, Elon, and Doge are making this move. They're targeting 6,700 probationary employees, and they're. And they. And independent says in the middle of tax season, they're trying to somehow turn this into a bad thing for all of you. I find it to be absolutely silly. But once again, I will reiterate. Please, Democrats, do not stop doing this. I want to win the midterms.
- [06:40]
Phil Labonte
I mean, the, The. The fact that the Democrats are siding with big government isn't a surprise. They will, or they have long denied it and said, no, we're not. We just want to be compassionate, blah, blah, blah. They have consolidated power in the government, and they don't want to give it up. They like the fact that, you know, organizations like USAID were funneling money to their favorite NGOs to push their political agendas on the backs of all the. Of. Of all Americans. I don't know how the average. I'm not sure how the average person is going to.
- [07:17]
Tim Pool
Any. Any sane person is going. Wow, that's really great.
- [07:20]
Phil Labonte
So I listen to this show called. There's this. There's this platform called Two Way. It's got this guy, Mark Halpern, that used to be on msnbc, and Sean Spicer's on his show a lot, and he gets a lot of, like, normie people that are looking to avoid the partisan stuff that. That happens a lot in most news outlets and to listen to people talk about musk and the stuff that he's doing. There are still a lot of people that are very plugged into the propaganda from the standard news media.
- [07:48]
Tim Pool
Well, I know a Lot is a big fan of the irs.
- [07:51]
Elad Eliyahu
No, I am not a big.
- [07:52]
Tim Pool
What do you mean, Mustache?
- [07:54]
Phil Labonte
That Bolton. Ask mustache.
- [07:56]
Tim Pool
Well, but how are you going to fund your wars?
- [07:59]
Elad Eliyahu
We fund our wars. Good question. Well, through the trade that our military is able to facilitate, I guess.
- [08:09]
Tim Pool
What do you mean? What.
- [08:10]
Elad Eliyahu
Because our navy is what allows free trade to happen on planet Earth. So without our.
- [08:15]
Tim Pool
Are we charging people for that?
- [08:17]
Elad Eliyahu
No, I don't think.
- [08:17]
Tim Pool
Should we?
- [08:19]
Elad Eliyahu
Yeah, we should maybe.
- [08:20]
Tim Pool
Okay.
- [08:21]
Elad Eliyahu
Or we should. We should actually use that influence to get countries to do what we want them to do, which is what we do.
- [08:27]
Tim Pool
They got to pay. I mean, with the Panama Canal, they should be paying. We built it. It's American. And now the Northwest patches come in. The US Definitely wants to control that. But, yeah, maybe, maybe we. We got to stop doing all this work for free around the world. You know? You know what I'm saying? Maybe get rid of the income tax. We go with tariffs, and we go with control of these canals that we built.
- [08:48]
Elad Eliyahu
Maybe if we fire these 6700 staff from the IRS, the West Virginian tax officials won't come after me from trying to pay tax in multiple states running. Get me to pay.
- [08:58]
Tim Pool
So that's. That's. That's a whole other component of the West Virginia ridiculousness is that they're trying to require out of state residents to pay taxes in the state because they sold a product to the state. It's absolutely insane. I don't want to just keep going over and over on that story, though. But it's. I mean, it's. It's almost like the government is broke and they're desperately trying to squeeze as much money out of you as possible. Now, let's just go back in time a little bit. Remember when The Democrats hired 87,000 IRS agents? Yup yeah. And then they started tracking any purchase or transaction, 600 bucks or over. They're trying to tax the poor and they're.
- [09:35]
Phil Labonte
That, yeah, they, they are trying to tax the poor. The IRS has come out and said that taxing the poor is more effective than going after the rich because the rich can afford to fight in court. If you're going after a rich guy for two and a half million dollars of unpaid taxes, he'll, he will absolutely blow a million dollars taking you to court. And the government's got to. That, that's money the government has to spend. They're not going to get the money out of. They're going to, the guy's going to drag it out as long as possible. Because if I were being, if the government were like, hey, we're after you for a million dollars and I had, you know, had the money for it, I'd be like, well, I'll spend $999,999 to make sure that you don't do that.
- [10:20]
Raymond G. Stanley Jr.
And it's particularly the probation folks. He's been firing folks who have been probation for the government service.
- [10:25]
Tim Pool
Yeah, they're New Years.
- [10:26]
Raymond G. Stanley Jr.
That's all it is. It's the same thing. Sorry, folks.
- [10:28]
Tim Pool
You know, Chloe, you're not, you're not a like heavy news, culture and conflict commentator. So I feel like the IRS stuff is probably outside your wheelhouse.
- [10:38]
Chloe Cole
Yes. Like, I'm slowly moving that gender in that direction, but this is like kind of foreign to me.
- [10:43]
Tim Pool
Perfect. Do you like the ir?
- [10:45]
Chloe Cole
Not really.
- [10:46]
Tim Pool
All right, that's the point. So I'm glad you're here because we get, like all of us, we sit here, we read or watch the news all day, every day. We deal with, you know, filing our taxes. You're. In this regard, I know, like, you're a specialist in a specific, specific cultural area, but in this regard you're more of a layman. And if you don't like the irs, then I am right.
- [11:05]
Raymond G. Stanley Jr.
No one likes the irs. I don't know any American steel man.
- [11:09]
Elad Eliyahu
I think this argument, I don't necessarily agree with it, but I think the, the argument goes along the lines of because it's most difficult to tax and follow up with the most high, the highest earners who are able to avoid the taxes in the, in the most lucrative ways that we need all of these people and that the taxes, tax revenue that they will bring in will out earn the kind of cost that it costs to, to employ these. But then is their argument.
- [11:34]
Phil Labonte
But then the argument that they make. Oh, we need to get the billionaires and millionaires to pay their fair share. That's BS Right off the start, like it's a non starter. We need to have these 87,000 agents so they can go after the millionaires and billionaires, blah, blah, blah. But then those, the IRS itself says we don't go after those people because it's not worth the effort. So they're actually hiring those people to go after the regular people.
- [12:00]
Tim Pool
Right? Right. Now I guarantee you Democrats and liberals are probably making YouTube videos where they're like, Elon Musk is firing IRS agents so that he and his crony buddies don't have to pay taxes. Let me just, let me just explain something. It takes one IRS agent to handle an account of a billionaire. Now, if they want to do a full audit and go through everything, it's going to take a lot more agents than that. But the decision to target an individual and look at their general finances is not the most complicated thing in the world. What's impossible for the IRS is to go after 3 million individuals. Let me put it this way. One billionaire as, as, as Phil already pointed out. And we as a corporation and every corporation deals with this. If the IRS comes to you and says, we think you owe X amount of dollars, you look at your tax lawyer and you say, do you, do we owe that? And if they say no and say, okay, it's going to be cheaper for my tax attorney to deal with this. Or, you know, you call Tax Network USA for. That's a really good example. That's why I said we have like the best possible sponsor for tonight's show. Imagine you owe $10 million like they said in the ad. Yo, it's not going to cost you that much to call Tax Network and have them resolve Tax Network USA and have them resolve your issue. The IRS is going to waste their time. They're going to say, they're going to cave. They're going to be like, okay, fine. They're going to send their 6,000 agents after 6,700 people. And not just that, 6,700 agents. Each one of those agents can probably send a letter to 50 people. And that's just in what, like one week, how many letters they got to send out. So if they're going over all these accounts and they're like, Look, I've got 10,000 people that each own an average of $10,000, it's like, oh, wow, well, now we're talking about large stacks of cash. But you need a lot of people to go after it. Go after. A billionaire is going to fight you tooth and nail. I think, I think it's actually probably easier to explain like this. If a billionaire owes $10 million, he will spend $9 million to save that extra million. Good luck in court. If a regular person owes $10, he, he's sending the $10 with no fight. So if you can get as many people as possible, send you $10, none of them will fight it. That's what the IRS is all about. That's what they're doing. And I don't care if they're probationary otherwise, and I don't care what they were doing. Fire them all for us, as far as I'm concerned.
- [14:07]
Raymond G. Stanley Jr.
And the billionaires, the big, the rich folks they have, they know the loopholes, they can get, they can get away.
- [14:13]
Tim Pool
What it's, you know. You know, let me explain it like this. I don't actually think it's fair necessarily to call them loopholes. You know, before I owned a business, a lot of employees. Loophole seemed to make sense. Yeah, when you actually get into all of the taxes, there's no loop. Loopholes, there's literally just what the law is because the IRS agents know exactly when and when, when and when not a billionaire is going to pay. It's not a loophole. They're just like, oh, you don't got to pay taxes on this for this thing. So the way it's phrased by activists, particularly, particularly on the left, they're like, billionaires use loopholes and I pay taxes. And I'm like, when you claim Amazon paid no taxes, what you're basically saying is that they reinvested the funds or their margins were slim and reinvested. The IRS knows that. So it's not a loophole. It's literally the purpose of, of tax law. So the funny thing I hear from a lot of people is that if we lower taxes, it will, you'll create more jobs and things like that. And that's technically true, but technically not true. There's a happy medium and you have to know where it is. So if I was told, hey, they're increasing the corporate tax rate to, you know, 70%, I'd be like, wow, okay, well, we, we better reinvest that as much as we can. So what would we do here? We'd hire as many people as we could because we're going to lose all that money if we don't. So it's, it's, it's not necessarily true that lower taxes means More hiring or the other way around? It just really depends. But you'll hear from a lot of these activists. They will say whatever they need to say to confuse you. They will say, billionaires don't pay taxes because it's a loophole. And I'm like, no, Elon Musk isn't paying billions of dollars in taxes because he doesn't actually have cash. That's not a loophole. Okay, well, he made X amount of profit last year. And I'm like. And it's locked up in stock.
- [15:59]
Elad Eliyahu
Wait, but stocks, we don't have to call it a loophole, but it is a sort of workaround that is an issue with the ultra, ultra wealthy. And well, whatever the, the law that allow. There are laws created that allows them to pay much less than even an ordinary person does in tax taxes. And I'll explain to you how it goes. I'm not talking about Amazon, the corporation, but Jeff Bezos, for example, was famously paid something like only 100k $83,000 while he worked there, but the shares and his net worth was a lot higher than that. So while he was paying a lower marginal tax, his net worth was like, that's only. I understand it's not cash, but.
- [16:35]
Tim Pool
All right, hold on, hold on, hold on. You want to play a game?
- [16:37]
Elad Eliyahu
No, no, no. I don't support this and I don't even support a wealth tax. But I'm saying there's. These are ways.
- [16:42]
Tim Pool
It's not a loophole.
- [16:42]
Elad Eliyahu
It's just generic laws made for the ultra wealthy that. Such that it allows them to not to pay less taxes than a much poorer person.
- [16:51]
Tim Pool
Absolutely not true.
- [16:52]
Elad Eliyahu
Which part of it?
- [16:53]
Tim Pool
Absolutely not true. The. The first of all, the. The wealthy pay substantially more taxes on average than any than. If you look at the curve. It's a parabolic curve. The higher the income, the more taxes they pay in total. I think. What is it like the top 1% pay something like 47 on paper on Bezos pays the same income tax that every American pays. He then pays capital gains tax. And the activists argue that capital gains should be income and that by not paying the same amount on capital gains as you do on your income. That's a loophole. That's not correct.
- [17:27]
Elad Eliyahu
As I understand, he hasn't sold a lot of his stocks when he wasn't allowed to. Well, oh, when he was employed there, first of all.
- [17:32]
Tim Pool
Now he has stock is not cash and can't be spent.
- [17:35]
Phil Labonte
Yep.
- [17:35]
Tim Pool
So you can't claim that he should be taxed on something that's not money, but let's play this game. I have in my hand a tech deck fingerboard that I put together myself. Now, how much you think someone will be willing to pay for Tim Pool's fingerboard that he actually uses during the show and does holidays with? What do you think?
- [17:51]
Phil Labonte
350?
- [17:52]
Tim Pool
3. 50.
- [17:53]
Raymond G. Stanley Jr.
Okay, $5.56.
- [17:54]
Tim Pool
It's now a lot. Elad, you got to pay the government $100. Taxes, income. Because I gave you that simply by that being yours. That was cash. That was a transaction. That's how the taxes work. You now owe money on that. That's income.
- [18:07]
Elad Eliyahu
I guess I'd be in the hole. But, Tim, let me ask you. So Jeff Bezos was getting paid $80,000 a year while he was the CEO of Amazon. And he was worth something like hundreds of millions of dollars because of the Amazon. Because of Amazon stock. And billions.
- [18:20]
Tim Pool
It depends on cash. And cash.
- [18:21]
Elad Eliyahu
I understand. How do you think he should only owe taxes on 83? Calm downfield. So you think Jeff Bezos should only owe. Whatever.
- [18:29]
Tim Pool
Okay, Elad, how would he pay taxes on money he doesn't have?
- [18:34]
Elad Eliyahu
I just think there's a. Well, that's.
- [18:36]
Tim Pool
Let me ask you a question. How so?
- [18:37]
Elad Eliyahu
If you have. If you have above a certain amount, I think people argue that you should be forced to sell a small.
- [18:43]
Tim Pool
No. Oh, my God. A lot.
- [18:45]
Elad Eliyahu
Please. Not what.
- [18:46]
Tim Pool
A lot. Stop. Just stop. Calm down. Let me explain. Let me explain. If Jeff Bezos could, which he legally can't, because there's fiduciary responsibility to a company, meaning, one, he has a contract that bars her from selling stock, okay? Unless a certain threshold of stock value is met. Two, if he dumps stock, the stock price collapses, and it could cause the company to spiral into. Into a free fall. The stock is used to generate revenue for the company to operate if they're not generating substantial revenues. So if Jeff Bezos was ordered by the government to violate his contract and sell stock so that he could cover the wealth tax they put on it, the company would enter freefall. Everyone would dump the stock overnight. It would become worthless. And then, paradoxically, Jeff Bezos net worth would be 100 million. And then he wouldn't owe those taxes in the first place.
- [19:31]
Elad Eliyahu
The issue at hand here is that there's clearly an issue with how we're taxing.
- [19:35]
Phil Labonte
No, no.
- [19:36]
Tim Pool
What is.
- [19:36]
Elad Eliyahu
What if you think Jeff Bezos should only owe money on his $83,000 of income while he was working there and not anything on any of the hundreds of millions of dollars that he owe that he had in stock and net worth. There's a serious issue there because people who are making hundreds of thousands of dollars who are again paying more than pesos was a lot.
- [19:57]
Tim Pool
I got to stop.
- [19:57]
Elad Eliyahu
And if you don't think there's any issue with somebody like that paying significantly less than again, like people, like they're not people making millions, I'm going to.
- [20:04]
Tim Pool
Mute you if you just. If you just keep ranting and saying wrong things over and over again. He did not make cash. There's no income.
- [20:10]
Elad Eliyahu
I said his net worth.
- [20:11]
Tim Pool
His net worth is paper. That exists in a nebulous concept in the mind. Do you know what paper value means?
- [20:17]
Elad Eliyahu
How much is Jeff Bezos worth?
- [20:19]
Tim Pool
I think $170 billion.
- [20:21]
Elad Eliyahu
Okay. And when he does, what is worth?
- [20:22]
Tim Pool
What does that worth mean? What does net worth mean?
- [20:24]
Elad Eliyahu
It means your culminations of your assets.
- [20:26]
Tim Pool
Okay. And where does the value of those assets come from?
- [20:29]
Chloe Cole
This episode is brought to you by Shopify.
- [20:32]
Tim Pool
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- [20:34]
Chloe Cole
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- [20:42]
Tim Pool
So if you're into growing your business, get a commerce platform that's ready to sell.
- [20:46]
Chloe Cole
Wherever your customers are, visit shopify.com to upgrade your selling today.
- [20:51]
Elad Eliyahu
The demand for them.
- [20:53]
Tim Pool
And what happens if the government says we are seizing your. Your stock?
- [20:57]
Elad Eliyahu
The stock value will go down.
- [20:58]
Tim Pool
And then what does he owe? Nothing.
- [21:00]
Elad Eliyahu
He'll owe some. The issue is that he should be paying more the amount more what he has no cash. Okay. I think no, he's purposefully making his. Setting up his assets in such a way that this will be the net result. And this is what people are talking about when people like Raymond were saying the loophole.
- [21:17]
Tim Pool
This is the loophole.
- [21:18]
Elad Eliyahu
The loophole is the laws.
- [21:19]
Tim Pool
The stock he has to pay on. On the gain. On the realized gain of all of the cash he brings in.
- [21:25]
Elad Eliyahu
Sure, but Tim, you understand that he's purposefully taking a low. He was taking a low income on purpose. He was taking a low salary on purpose to be able to affect this loophole. And that is the issue at hand. No, he purposefully set it up this way so.
- [21:38]
Tim Pool
So he would fundamentally misunderstand how any of the corporate structure works in this country. Let's try this. Let's start. Slow down. What is a C Corp?
- [21:46]
Elad Eliyahu
There's like a C Corp and S Corp. I don't know. I don't know if they did my head. I don't Know the.
- [21:50]
Tim Pool
I don't know why they.
- [21:51]
Elad Eliyahu
Okay, first for an individual, I believe. And once. No, you go ahead.
- [21:54]
Tim Pool
Right. So the issue here is if you don't understand something as basic as. Like they have B Corps now, LLCs. An S corp technically is an LLC. A C corp is as well. There's special classifications. If you don't know what those mean, I mean, that's 101. Okay, so if you look to a CEO who's running a company and then you go, he should pay money on money he doesn't have, is what you're saying, because the company he runs is worth a lot of money, we have a problem here where logic has failed. My point is, let's start with you don't even know what a C corp is. So let's not play the game of. You think Jeff Bezos intentionally took an action to, to obfuscate his wealth and avoid paying taxes?
- [22:39]
Elad Eliyahu
You don't think that's what he's doing here?
- [22:40]
Tim Pool
No.
- [22:41]
Elad Eliyahu
That he did.
- [22:41]
Tim Pool
Ok. That is, that is applying mal intent to a man who is probably just abiding by tax law as he's instructed by his lawyer.
- [22:48]
Elad Eliyahu
In order to achieve what? The loophole.
- [22:51]
Tim Pool
It's not a loophole when you are doing what the law tells you you have to do.
- [22:54]
Elad Eliyahu
Well, I think we're like where it's a distinction without a difference. They set up the law in such a way, act has a loophole.
- [23:00]
Tim Pool
The loophole individual is, is doing something maliciously, whereas what's actually happening is he called his lawyer and said, how am I supposed to do this? And they said, based on US tax code 531c, you have to do this, you have to file this and you have to pay yourself this. My. When I first started this company, my accountant told me, here's the range at which you can pay yourself. I said, okay, then I'll just choose a number. We have profits for this company. Profits tax at a lower margin than employment. So CEOs want to pay themselves less. But there's a market. There's a. There's an expected market value. Here's another thing I don't think you understand. We cannot pay people above market rate. You, you can try to justify it. You're opening yourself up to an audit. I go to my account and I say, hey, we got this guy. He's a big talent. I want to pay him, you know, a million dollars. They say, what's his job? Oh, he's. He's a musician. They'll say, do session musicians get paid a million dollars? Not often. Okay. You're gonna have to justify to the IRS when they audit you why you're paying someone so high above marketing. You shouldn't do that. I say, oh, see, because the tax code works like this, okay? It's not a loophole. When the government passes a law that makes you do these things. The loophole is a term used by activists to go after people who are wealthy and claim they're doing something maliciously when they're doing what they're contractually obligated to do or what the government requires them to do. If the government law, if the law exists and is solidified and then a company forms and they say, how do we create a pay structure for, for the person who runs this company? Well, based on the law, we have to do these 10 things, okay? And then you come out and go, aha, he's cheating by using a loophole. And he's like, what do you mean? The law was there before we started the company. And my lawyers told me that's how I had to do it.
- [24:33]
Elad Eliyahu
I think there's an issue with the way our laws in this country are set up to tax in particular the ultra wealthy, the top 100, which are in a different scenario than even the top 10,000 people. So there's, there's an issue.
- [24:47]
Tim Pool
So you, you're, you're, you're more like a communist. No, hold on. You think we should tax people on cash they don't have because there is an ascribed market value in the.
- [24:57]
Elad Eliyahu
Imagine I don't know the exact solution for how to tax people who are in the top 10amount of wealth, but if you look at the amount they pay compared to the amount that the top 10,000 earners are, is no like the top 10 have worked.
- [25:11]
Tim Pool
You are wrong. It is substantially higher.
- [25:13]
Phil Labonte
What you're talking about, what you're talking about would mean that people that are pensioners that are on fixed income.
- [25:20]
Elad Eliyahu
I'm talking about top 10.
- [25:21]
Phil Labonte
Stop talking over people. Let me finish. Because what you're talking about is talking about taxing unrealized gains is that I.
- [25:31]
Elad Eliyahu
Don'T know how else to explicitly say I'm talking about the top earners and top network net worth individuals in our society. That's what I'm talking about a lot.
- [25:41]
Phil Labonte
Elad, stay with me here. The method to do what you're.
- [25:45]
Elad Eliyahu
Phil, you could have carve outs. If we're talking about specific people, we could have the law set up in a way.
- [25:52]
Phil Labonte
Jeff Bezos law and an Elon Musk law and you're an insane person.
- [25:56]
Tim Pool
Let's just rein it in. A lot votes. What?
- [25:59]
Elad Eliyahu
Well, you know, I abstained because I try to have.
- [26:02]
Tim Pool
Oh, thank God.
- [26:03]
Elad Eliyahu
Journalistic integrity. But if we do want to wrap it back around to this, this Doge story, I think it's interesting. Which stories a Doge cutting. What news stories of Doge cutting we choose to pay attention to because, you know, on the left they'll focus on stories like, oh, in the middle of Africa, they're cutting health care that saved tens of thousands of Africans. And they're. And then they talk about that and they talk about how, oh, they're cutting different people, different parts. Yeah.
- [26:28]
Tim Pool
I drew you a picture.
- [26:29]
Elad Eliyahu
Maybe the zoom in more. Maybe the picture can help.
- [26:32]
Tim Pool
This is a graph made by ChatGPT of total taxes paid by income bracket. Why? That's interesting. Total real taxes paid in billions by income bracket. And somehow the wealthiest individuals are paying the overwhelming majority of all taxes.
- [26:45]
Elad Eliyahu
What percent? I can't see. The number is the wealthiest.
- [26:47]
Tim Pool
It's not percent. It's $1 million plus.
- [26:49]
Elad Eliyahu
Okay, I'm talking about like the top net worth individual which are different than.
- [26:54]
Tim Pool
The top 1% that's included. What was, what was Jeff, what was Bezos's income per year? Was it 1 million?
- [27:01]
Elad Eliyahu
No.
- [27:01]
Tim Pool
Was it 11 million?
- [27:03]
Elad Eliyahu
It was, but his net worth was in hundreds of millions.
- [27:05]
Tim Pool
A lot. It was $1 million. Okay, it was 1 million.
- [27:08]
Elad Eliyahu
So if you look for a more specific graph.
- [27:10]
Tim Pool
What's 12 divided by 1? What's 1 million divided by 12?
- [27:13]
Elad Eliyahu
You tell me.
- [27:14]
Tim Pool
Is it around $80,000?
- [27:16]
Elad Eliyahu
Okay.
- [27:16]
Tim Pool
PHA was intentionally paying himself a million dollars plus he was getting an additional million dollars in benefits. He was getting. He was getting a. A million dollar bonus plus a million dollar salary.
- [27:24]
Elad Eliyahu
This isn't talking about like the specific details that I'm trying to explain to you guys about top net worth individuals that are getting bumped into the top.
- [27:31]
Phil Labonte
Everybody understand specific to the individual.
- [27:35]
Elad Eliyahu
You must said that you must not hear. I'm talking about the top 100 net worth individuals who have completely unique situations.
- [27:44]
Phil Labonte
You're not articulating yourself clearly you just said unique situations. That means you want targeted tax. So Jeff, let me finish so I can make sure that I understand four specific people that make an amount of money that you deem as enough. You want specific tax law for p individuals specifically because they make too much. That's unconstitutional, psychopath. I want unconstitutional.
- [28:09]
Elad Eliyahu
We have a progressive tax law already.
- [28:11]
Phil Labonte
And you want tax law aimed at people that will make that Will make.
- [28:16]
Tim Pool
No, no, no, no, no. We're going to move on. We're going to go to the next story. But I'm going to say this a lot is simply just trying to say anything that gives him the correct position in the argument, even though nothing he said has even aligned with anything he said prior. Right. You just keep changing what you're saying.
- [28:29]
Elad Eliyahu
No, you guys just aren't listening to what I'm saying. There are specific. I believe in a progressive tax rate.
- [28:34]
Tim Pool
And let's. Let's go one point at a time. What is a progressive tax rate?
- [28:39]
Elad Eliyahu
The more income that you have, the higher income that you have, the higher percentage that we tax you at.
- [28:43]
Tim Pool
And how does the, how does a progressive tax rate work?
- [28:46]
Elad Eliyahu
The more income that you earn? There are different brackets. Let's say if you earn, I don't know, up to 50k, it'll be something like 15 to 20%. Then you go to 100k, it'll go up to like 20, 200k, 25. The issue is when.
- [28:59]
Tim Pool
So are you saying that if you pay 100k, you would have to pay 30,000 in taxes, but if you paid 50k, you'd pay 5,000 in taxes?
- [29:07]
Elad Eliyahu
The issue is with the top individuals that I'm talking about specifically that don't pay taxes in a normal way.
- [29:14]
Tim Pool
And what does that mean, a normal way?
- [29:16]
Elad Eliyahu
So again, people like Jeff Bezos, where their net worth is bound up in, again, one of some of the biggest companies in the world right now.
- [29:24]
Tim Pool
You have stock?
- [29:25]
Elad Eliyahu
Yes, I do have stock.
- [29:26]
Tim Pool
Are you paying taxes on that stock?
- [29:27]
Elad Eliyahu
When I sell, I do.
- [29:28]
Tim Pool
Oh, so. So Jeff Bezos should have to pay when he doesn't sell because.
- [29:31]
Elad Eliyahu
No, but see, Tim, here's the issue. I'm not comparable to Jeff Bezos in any way. It doesn't make sense to tax me in any similar way that you're going to tax Jeff Bezos, somebody who has.
- [29:40]
Tim Pool
All right, slow down. Slow down.
- [29:41]
Elad Eliyahu
Yeah, that's my point.
- [29:43]
Tim Pool
Slow down. Okay, let's try this again. So you're saying that at a certain level of imagined wealth, that's what it's called, imaginary wealth. It's not. There's. There's real life, there's real, there's real wealth, and then imaginary. The value of stock is considered imaginary, and that's the actual term. So you believe that there should be a law that states at a, at an. A level of imaginary wealth, we should take cash from you. Real wealth.
- [30:05]
Elad Eliyahu
So I'm not sure about the specific mechanisms of how the laws will be set up. I think there are issues with how we tax our top net worth individuals in this country and I think that's plain.
- [30:16]
Tim Pool
And what issue?
- [30:18]
Elad Eliyahu
That they pay less than the people.
- [30:19]
Tim Pool
Well, hold on, hold on. I showed you the graph. They don't pay less.
- [30:23]
Elad Eliyahu
All right, so again I was telling you this graph isn't specific enough. So the top 1% is over inclusive to like the top income earners in our country. So within the 1%, there's a 1% issue of the 1 percenters.
- [30:35]
Tim Pool
You need to slow down. We don't need a higher bracket than $1 million income per year to show that the bracket of 1 million up to infinity pays substantially more taxes than all other income brackets despite the fact they make up 1% of tax. Of the tax base, they are paying somewhere around 60% of all taxes.
- [30:57]
Elad Eliyahu
I think within the 1%, the 99% pays more. A lot more. The 1% of the 1% isn't paying their their fair share.
- [31:07]
Tim Pool
I guess that that is incorrect.
- [31:09]
Elad Eliyahu
Well, that's your opinion.
- [31:10]
Tim Pool
It's not an opinion. That's a fact.
- [31:11]
Phil Labonte
You know that Elon, you know what.
- [31:13]
Tim Pool
Do you pay like 70 billion or something?
- [31:15]
Phil Labonte
Paid more taxes than than any other human in history. And I think it was 2021 or 2022. He. The, the, the impression that you have a lot. Elad, the impression that you have is.
- [31:26]
Elad Eliyahu
Not actually I think you have a misunderstanding.
- [31:29]
Phil Labonte
I literally tried to articulate your argument back to you, but you were too busy talking over me.
- [31:33]
Tim Pool
We're going to, we're going to go to the next we're going to next story. I'll just wrap up by saying Elon Musk paid $11 billion cash taxes in 2020.
- [31:40]
Elad Eliyahu
How much?
- [31:40]
Tim Pool
11, 11 billion more than any other person in human history. Okay, so your talking points are, are progressive leftist activist talking points. They're incorrect, but we're going circles. Let's jump to the story from yahoo.com Salem police investigate shooting at Tesla dealership. Heavens me. Elon Musk over here paying $11 billion in taxes in 2021. And activists are trying to take his life. Take a look at this story. Salem police are investigating a Wednesday morning shooting that damaged windows at a Salem Tesla dealership. Police responded to reports of damaged windows at the dealership at about 5am According to spokesperson Angela Hedrick. Officers found what appeared to be damage from gunshots, she said. They said no arrests have been made and the incident remains an active investigation. Well, we do have this tweet from Nick Sorter who says the Showroom. Showroom was shot up in Oregon. The second criminal incident at this location in recent weeks. The first was an arson attack on January 20th. This is a result of Democrats and legacy media calling Elon Musk Hitler. He says someone is going to get killed. Also this month, protesters put stickers on the windows of another Tesla showroom in New York saying, calling on people to. To harm Elon. I don't want to read what it says. This needs to stop. Authorities need to make very clear example out of these criminals. This is, this is what happens when people fundamentally misunderstand how the government works, how paying taxes works. These people, in their minds, believe that Elon doesn't pay any taxes, that he's exploiting and ripping off his workers, and that now he's going and stealing your private data from the government. It is. It has radicalized people to the point where they are shooting up Tesla dealerships. Let me just make sure I iterate this before. I know, guys, I'm ranting, but these people are so psychotic, they would threaten the lives of floor salespeople who probably make 60, $70,000 a year at a local car dealership. That's how insane they are.
- [33:36]
Raymond G. Stanley Jr.
Yeah.
- [33:37]
Phil Labonte
And this is the same like the mindset of, oh, these billionaires don't pay enough money. That's how you get. A dude that's worth $40 million killed the CEO of the Health care company. He got shot in the back because the rich don't pay their fair share and the health care companies are taking advantage of them, of us. Even though the issue at hand is that there is the government in between people and their actual health care. Right. The inter.
- [34:06]
Tim Pool
The.
- [34:06]
Phil Labonte
In the. The fact that there's insurance that has to be. You have to use insurance to be able to afford health insurance because there's. To be able to afford health care because there's no actual market. And the idea that the rich are the reason why people are poor, which you hear frequently. The, the. The idea that there is a fixed pie that everyone has to go and get their. Their money from, as opposed to when a. A new product is invented or there's an innovation in the market that actually grows the pie. Those two, Those two ideas are conflicting. It is not true that there is a fixed amount of money to be shared amongst everybody. And the best evidence of that is the iPhone. Before the iPhone was invented, before the iPhone came onto the market in 2007, there were smartphones and there were things that did what the iPhone did, but it was not ubiquitous the way the iPhone was in just a few years. And that's because the, the revolution in interface that the iPhone was for a smartphone made everybody feel like they needed one. And it made the, the actual industry grow while Apple became a much larger country.
- [35:14]
Tim Pool
Luxuries become requirements as things get more.
- [35:17]
Phil Labonte
The point that, the point that I'm making is that innovation drives the size of the pie everyone's going for. It's not that the pie is fixed. The pie does grow when you have innovation in a market.
- [35:28]
Tim Pool
So this, the issue we have here. It's fascinating. Like, you know, Elon is trying to find and gut the bloat in government he's talking about. I think they said they saved $55 billion already, which could be a couple hundred bucks per person already in this country. And the left, the Democrats, the media are claiming that Elon is trying to steal your private data, despite the fact that Elon Musk owns X and already has the private data of hundreds of millions of individual, what is it like 200 million people? And also ran PayPal and had everyone's private data. And, and my favorite, my favorite part of the story is that the government agencies and the people there already have your private data. So if John Smith is a raging Trump supporter and working in the Treasury Department, you don't care. But if Elon Musk wants to send in a couple of IT guys to go through the numbers and do an audit, now you're concerned about someone taking your private data. This is, this is catastrophizing. It's hysteria. It's intended to protect the machine state because I will stress this, USAID, these other government institutions dumping money into D.C. and by the way, we have a story for you for today where criminal, lawyer, fraud, suicide are all trending in Washington D.C. google Trends, the people live there are searching these things. It's horrifying. I hope everyone's okay. But after Trump said we're going to cut out the fraud, a lot of people started doing searches for things about self harm. That's insane. Yes. And I've got the graph. We'll pull it up in a little bit. Elon Musk says, let's go find the fraud. And then the machine says, elon is evil, stop him. And now people are shooting up and vandalizing Tesla locations. I remember back during Occupy when they smashed up a Bank of America window right next to Zuccotti park and I asked them, why did they smash the windows? And they said, so that we can teach bank of America a lesson. And I said, and what lesson do you think you taught them? And they were like, that we are not going to remain silenced. And they're, they're this close to violence. And I said, do you think anyone in any capacity of management, senior leadership, executive management or on the board knows you broke that window? And they were like, I don't know. And I'm like, I'll tell you who knows you broke the window. It's the guy who works in there for $40,000 a year who walked into his office and found glass all over his desk. You think that guy is going to, like, you adhere to your cause and he's in the same income bracket as you? Why did you smash up the Starbucks window? Same reason. I said, do you think any of these $12 an hour Starbucks employees understand your message? All they know is they showed up for work and the boss said, we're closed today. The window's been smashed. And they said, but, bro, I need the hours. And the boss said, sorry, we can't do anything about it. Looks like no one's working today. And now the dude's not going to pay his car bill. The things these people do is unhinged. And it's because they are very low order thinkers. They don't understand how taxes work. They don't understand. And I'm going to say this too. I'll throw it to you guys. The most important thing about Elon's business, Amazon's business, and paying taxes and employment is that businesses do what the government requires they do. And most people don't know this, but usually when your company has a policy that you hate, it's because the government makes them do it. That in insurance companies.
- [38:50]
Phil Labonte
Yeah.
- [38:51]
Tim Pool
But you're sitting there being like, why do we have to do these stupid sexual harassment seminars, man? My company's lame. Well, the government makes them do it. The government has a law called the 1964 Civil Rights act which talks about discrimination. And if you act in any way against it, you'll be sued into oblivion. And so the insurance companies then say, we won't accept liability unless you enact these things because the law says you can't. And they go, I guess we have no choice. And here we are with them saying, Elon and the billionaires Bill Burr calling for. Look at this. Bill Burr comes out and he called for the death of billionaires. And now we have this stuff targeting Elon Musk. These. You know what it is, man? You said earlier that these people think that billionaires are only rich because they're taking from the Poor. It's actually the other way around. Poor people's standard of living living increases exponentially when wealthy people develop things. Yes, and let me just pause right there and not say it is not that you are inherently wealthy. That makes you a good person. There are heirs to great fortunes who have done nothing for society and there are people who make money off of day trading and they're not really doing anything other than ripping and extracting from the market. But Elon Musk has satellites with low latency Internet that can broadcast almost everyone in the world now. Phones are attaching to them and we can get cell signal anywhere. He makes electric cars, which all the climate change people should be cheering for. And he's working on space technology, which has reduced the cost of satellite launches and space travel substantially. Elon Musk then purchased Twitter, turned it to X. Increase the amount of free speech, decreased the amount of censorship. Far from perfect. He's certainly done a tremendous amount of good. In fact, he doubled the margins of Twitter. The, the Democrats like to say and the liberals like to say X is worth nothing. Remember, it was worth 44 billion when he bought it. Now it's worth 7. Well, the reality is, I believe it was. The Wall Street Journal came out with a report saying actually his costs are cut in his half. Were cut in half and the margins doubled. Theoretically, the company's worth substantially more now because they're turning more profit despite a lower revenue. He got rid of that overhead. Elon is doing tremendous work. It's working out very well. He is generating wealth and jobs and through his leadership, many other people are able to live better. Not all rich people are good, not all poor people are good. But some and many rich people who are leaders of industry who work relentlessly and run their companies, make it possible for other people to have jobs which allow their standard of living to increase. Hence, your dental care today is better than Rockefeller's was the turn of the century. This episode is brought to you by Meundies Underwear. Drawers are like the Wild West. You never know what you're going to pull out or what shape it's in.
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- [42:04]
Phil Labonte
And the, the, it's great that you mentioned you know, dental care and stuff because the industries that don't have the government involved in them on a regular basis when it comes to health care or, or you know, people's bodies or whatever, your, your plastic surgery, things like laser Lasik surgery for your eyes, rhinoplasty, which is plastic surgery, dental work, all that stuff, those tend to get cheaper as time goes on because of innovation and the market. The things that don't get cheaper are the things that are necessary care that you have to have insurance for. So you, it should be cheaper to set a broken bone nowadays than it was 100 years ago, right? It should be. It should be. You think so you would think it would be cheaper and easier nowadays with all the technology and stuff. It's not. And it's not because there is no market the cost of what it, the cost of, of medical care isn't. They don't share it with the, with the consumer. So the consumer can't say, well I'm going to go to someone else who will do do it cheaper. You need markets to drive prices down because that competition is what makes, is one of the things that makes our, makes things get better.
- [43:14]
Tim Pool
Let's, let's give a real great example. Amazon wanted to open a factory or warehouse or whatever in New York. They said over 10 years we expect to generate $30 billion in revenue. We'll be providing 100, or was it like 10,000 jobs or something like that. So this means the people in New York are gonna have jobs. The city of New York is going to generate 30 billion in tax revenue over 10 years. And the city said we definitely want this. You give a dollar from your company to a person, you pay employment taxes. That person buys a cheeseburger, pays a sales tax, that money goes to the government in the end. And so they were very excited. AOC began to held rallies saying the government is letting them come here for free and giving them a cheaper tax deal. Yes. Amazon was looking for a place to set up shop. Governments were saying we will, we'll waive taxes of this, that or otherwise you come here, it'll be cheaper for you if you work here because we want the revenue we want the jobs, we want the industry, because the industry brings wealth with it. Thanks to AOC and her ilk, Amazon decided not to do it. And it destroyed a great opportunity for the people in New York that was going to be used largely to fix their decaying subway system. See, these leftists don't understand how taxes work. She came out and said, new York is giving Amazon billions of dollars. No, it was a. It was a. It was a tax rebate. It was after they pay the taxes, they get, like a rebate. So it means they would ultimately pay very few taxes if they move there. But you see, progressive activists don't know how any of these laws work. I gotta tell you, you know what's really frustrating? What's that? Is that people think, well, this is really funny. I tell people like, you know, you can't just give a family member money. It's like, I learned this the hard way. I start a company and I'm like, I got some money. Like, let me, Let me, you know, give. Give somebody to a family member. My accounts. Like, that's illegal. And I was like, it is. And they're like, you can't just give money to somebody. And I was like, oh, well, so how do I buy something? They got to pay income tax on it. I was like, my family member, if I, like, buy a car for a family member, it's like, yeah, they got to pay tax on his income. And I'm like, okay, well, so I can't buy someone a car? Absolutely not. I said, okay, what if I, like, pay off their credit card? You are giving them money? I said, if I pay off their debts? Yes. When, when someone's got a thousand dollars in debt and you say, I'll pay your credit card off for you. You just gave them $1,000 and that individual owes taxes on it. People don't understand how the government works. Most people get their taxes taken out of their paycheck and they never see this stuff. Then when you're running a business, you're like, someone says, I'd like a raise. Well, I can't give it to you. Why not? Because that would put you double the market rate. We're already paying you really well. And they'll say, well, I think I deserve it. I'm going to quit. It's like, okay, then do it, because we're going to get audited. If we, if they find out we're paying someone at your rate. We're dealing with this stuff in West Virginia. I've been ranting about it Relentlessly. We are not legally allowed to hire Elad. How about that? A lot I knew.
- [45:59]
Elad Eliyahu
I always love New York better than this state.
- [46:01]
Tim Pool
Yeah, a lot is. We're not legally legal allowed to. Legally allowed to have him work here.
- [46:06]
Elad Eliyahu
You're going to have the chat real excited, Tim. I don't know, maybe we get too into it.
- [46:09]
Raymond G. Stanley Jr.
It's his last show.
- [46:10]
Tim Pool
No, no, no, no, I'm just kidding.
- [46:12]
Elad Eliyahu
So I'll still be around. Guys, don't get too.
- [46:14]
Tim Pool
Before we jump to the next story, just one final thought on this to explain how psychotic the government is and how when I, when I, when I, when I'm running a business and I'm dealing with tax, tax tax attorneys, corporate attorneys and accountants. I hear about Jeff Bezos and I go, oh, so that's why he does that. Oh, so that's why they're doing that. Because legal requirements put them in position positions where this, how it has to be structured. Then there's corporate interest, of course, for the health of the company, fiduciary responsibility. Publicly traded companies aren't allowed to disclose information, share. It's absolutely insane. You're not allowed to. You're not. Okay. Publicly traded companies aren't allowed to take actions that would cost the shareholders money. All of this stuff is locked in by the government. So the West Virginia government told us we aren't legally allowed to buy content from Elad. So Elad, as an individual of his own volition, wants to go cover a news event and then asks us, hey, would you guys be interested in carrying this? And we say yes, we're not legally, legally allowed to do it anymore.
- [47:08]
Raymond G. Stanley Jr.
I don't understand the leftist point talking point of Trump that he wants to cut the taxes for the rich. They say, and if, or like Amazon as well, they're giving Amazon a discount. Amazon's coming to New York and AOC stopped it. But people who live in New York because of the tax break they're going to get from the government, whatever, they're going to create, you know, 25,000 jobs.
- [47:29]
Tim Pool
Yeah.
- [47:29]
Raymond G. Stanley Jr.
How do they not understand that? Who cares?
- [47:32]
Tim Pool
Amazon gets a little break, to be completely honest.
- [47:34]
Raymond G. Stanley Jr.
They're going to give people jobs.
- [47:35]
Tim Pool
And it may be a bit disrespectful is because arguments from like Elad in that regard does he does not understand legal requirements, tax law and the structure of how tax taxes and revenue is.
- [47:47]
Elad Eliyahu
Okay, Raymond, let me explain to you part of why what the issue was. It's because it's not actually real capitalism, it's crony capitalism. If you're going to get a different deal than other companies that decide to come do business in New York City. Why does. Why do you have different laws? Why does Amaz A carve out? To try to entice them to come to the city is what the argument was. So they were getting special, special benefits. The argument would be to entice them to come to this city over another city. But then, at the end of the day, this isn't something cities should be doing to try to entice over different companies to have them come to their cities.
- [48:16]
Raymond G. Stanley Jr.
Why not?
- [48:17]
Elad Eliyahu
Okay, it's 1 million, then it's a race to the bottom, and then we don't have a laws for all the companies.
- [48:21]
Tim Pool
Let's roll. Okay, so why is it that when I tweeted we were going to leave West Virginia over their insane laws which make it so that we can't hire people, like, a lot for force? Like, we can't buy content from him. I don't want to say higher. Like, literally the dude's like, hey, I filmed this thing. Would you like to run it? It's not allowed. It's not allowed. So I said, we can't operate. If. If I can't have a reporter who did a documentary or a video, if we can't buy the rights to that, which we literally can't under this law, then we can't operate in West Virginia. Well, this caused a huge backlash in the state.
- [48:52]
Raymond G. Stanley Jr.
Sure.
- [48:53]
Tim Pool
Several delegates from the state started reaching out to. To my family members. I started getting text messages.
- [48:57]
Raymond G. Stanley Jr.
I got a couple of Tell Tims people from. From the government.
- [49:00]
Tim Pool
People were tweeting, the governor is trying to reach out to you. Now, why would that be the case? Because we have a large corporation that generates lots of money, and there are. In the area, the employees here pay rent. They pay property tax on the properties they own. They purchase coffee, they purchase cheeseburgers. When the people move here, when all the members of Timcast.com buy a membership, that money effectively pools in the bank accounts in West Virginia. We then use that money to pay contractors to fix toilets, to pay IT guys set up computers to pay journalists and reporters in New York to produce content. And then from the money we spend in West Virginia, largely, it creates ancillary economic boons. So the state says, we need this industry in our state, we need more industry. Because that means the guy who is a pizza maker, he's been. He's running a pizza shop in West Virginia for 50 years. All of a sudden, there are 73 new people living in the area who move there because not that they work for Tim Cast, but tim cast hired 30 people. Those 30 people need plumbing services, they need groceries, they need food deliveries, they need clothing. So when they went to the grocery store and bought all that stuff up, those stores had to hire more people to accommodate the increase in people bringing even more people in. Right. All of a sudden that pizza shop owner, his property values tripled. All of a sudden he's selling more pizzas than he can. And he says, guys, we got to expand. So he hires more people. Well, one day a lot shows up and says, we shouldn't have laws like this. You shouldn't be allowed to offer tax benefits to these companies.
- [50:27]
Elad Eliyahu
No, no, no, no, no. I believe that you shouldn't be able to give special incentives to specific companies that our government negotiates with corporations that give them different rules than other corporations in the neighborhood. That isn't capitalism, that's crony capitalism.
- [50:41]
Tim Pool
Let me finish.
- [50:42]
Elad Eliyahu
So. And that's why you don't want to do it?
- [50:43]
Tim Pool
How about you let me finish? West Virginia passed a law which makes it illegal for us to buy content from a lot. In order for Elad to sell content to us, he had to. He has to open a West Virginia business, get permitted, and everything that goes along with it, and it costs a lot of money. Then he has to pay taxes in two states. Ouch. That's right. So they're double dipping and taking money from him. And if he doesn't pay it, they come to us and demand that we do. That's the law. Okay. Other states don't have that law. Not that I have to negotiate with anybody. I don't got to negotiate with the governor. I can say, governor, with all due respect, your laws are abject evil. I should be allowed to contract from. An individual wants to sell a product to me. So you know what? I will drive 10 miles to a different state that has none of these laws. Do you think West Virginia wants to lose that tax base and the economic boon to all the people who live in the area?
- [51:29]
Elad Eliyahu
No. They would consider giving you a special.
- [51:31]
Tim Pool
Carve out right now. I'm not a fan of that, so I largely rejected it. However, what would happen to the pizza shop that now has hired five employees to accommodate all the pizzas that we order? If we leave, they would be fired.
- [51:43]
Elad Eliyahu
And that is capitalism.
- [51:44]
Tim Pool
And the shop may go out of business. You know why? The expanded infrastructure of the pizza shop, including their, their footprint, the, the gas, the propane, they buy, the electricity when they get A bigger building. Now their mortgage goes up. Now their rent goes up. All of a sudden, overnight. Overnight their revenue drops by 40, 50%. And he says, it's not that I have to fire you guys, I have to sell the building. Yeah, we were expanding and then they pulled the rug out from under us. Now there's no pizza shop. It's all gone. So what does West Virginia do? They say, let's talk to Tim Pool and figure out how we can make this work for him because clearly something is not right. That's called standard negotiations. And it's called how humans operate with each other. We do not live in a rigid machine world where everything is predicated upon if this then that human beings have. We have judges and the reason we have a judiciary is to interpret the law as to what makes the most sense. And that is two human beings are allowed to come to an agreement like Eric Adams and Donald Trump.
- [52:37]
Elad Eliyahu
Does that mean we'll be seeking a carve out? Will Tim Cass be seeking a carve out from the governor?
- [52:40]
Tim Pool
I have reached out to the governor. He has responded. We have not yet had a conversation, but I'm actually seeking the overturning of West Virginia's Employment Classification act of 2021, whatever it's called, which makes it literally illegal to be like, let me just hammer it out very simply. Elad lives in a different state. Sometimes he films news. He then reached out to us and says, would you like to buy this product that I have made? We then said, that's actually pretty good, we'll take it. They came to us, told us he was a full time employee that we now have to pay a. They're saying no penalties, but everything you've paid him, we want you to pay an additional percentage on top for everything you've ever bought from him. And I said, he's a contractor. We paid our bills as if he was a contractor, as per our lawyers and our accountants. And they said, we don't care. So now I'm like, okay, so now what's happening is they've sent us this massive tax bill demanding money from us because they're trying to squeeze blood from a stone. And I would, I would rather leave this state than let them rip me off and disrespect me the way they are. That is absolutely psychotic. But you know what? Anyway, let's talk about news. This tax stuff, it's tax.
- [53:53]
Chloe Cole
I feel like I've learned more from this than I have in four years of high school.
- [53:58]
Tim Pool
Well, I have good news for you.
- [53:59]
Raymond G. Stanley Jr.
Welcome to irl.
- [54:00]
Tim Pool
This next story from the Post. Millennial RFK jr's Department of Health and Human Services officially defines woman as an adult human female.
- [54:09]
Phil Labonte
Chloe, your thoughts?
- [54:12]
Chloe Cole
It's ridiculous that we have to do that. It's like something that we can just see plainly with our eyes.
- [54:18]
Phil Labonte
And how do you feel about the fact that the. I mean, obviously it is. I think we mostly agree with you that it is ridiculous. But how do you feel about the fact that this administration is. Is taking the. The ideologically possessed to task with this and making it a part of actual government policy?
- [54:39]
Chloe Cole
I mean, this is exactly what we've needed for years. The other side has just gone too far. And this is exactly the kind of. This is. It sucks that that's what we need, but I'm losing my train of thought.
- [54:53]
Raymond G. Stanley Jr.
Yeah, no, we were.
- [54:54]
Phil Labonte
I mean, for. For people that might not be aware of you, why don't you tell a little bit about your. Your. Your story and your experience?
- [55:00]
Chloe Cole
So I went through a medical gender transition while I was still a child because I.
- [55:07]
Tim Pool
How old?
- [55:08]
Chloe Cole
A lot I was. I was so. I was 12 when I started calling myself a boy. And that was after years of going through a bit of an early puberty and the distress that comes with that, a sexual assault. And I was kind. I was just a tomboy. And that's where these feelings of distress came from. And because, like, I was so distressed, I wanted to not have a female body. Then my doctors in the state of California agreed, no, you are not a. You're not a girl. These feelings are real.
- [55:32]
Tim Pool
How did. Did they. Did they define boy and girl for you?
- [55:36]
Chloe Cole
No. There is no definition. Again, I got to choose my own definition.
- [55:39]
Tim Pool
Wow.
- [55:40]
Chloe Cole
Based on my own feelings. It's all based on feelings. And children are being invulnerable. People who do not have. Who are not in the. In the mindset to be making major lifelong decisions are being allowed to have parts of their bodies cut off and be castrated for life because of temporary distress. And men are being allowed to go into women's private spaces and. And invade what used to be safe for us, go into our bathrooms, go into our locker rooms, go into programs specifically made for us, and, yes, prisons. And of course, they're taking advantage of this. They've been sexually assaulting us. They've been raping us. Women in prison are now getting pregnant because there are men being housed with them.
- [56:24]
Tim Pool
You know, what's fascinating is that there was no definition of boy, girl, man, or woman. Whenever you would ask one of these liberals or leftists, they would just say, haha, you don't know what a woman is. And it's like, I do, but you don't.
- [56:35]
Chloe Cole
They can't answer that themselves.
- [56:36]
Tim Pool
And so the interesting thing is though, they can't define it, but they can prescribe a surgery to adhere to the lack of a definition which is of.
- [56:43]
Chloe Cole
Course based on the sex based definition, because that's the only definition of male and female sexual.
- [56:48]
Tim Pool
So if they say it's whatever you want it to be, then certainly a female does not need to have a mastectomy to be a boy because it's whatever you want it to be. Right?
- [56:57]
Chloe Cole
So why are we pushing people to these things?
- [56:59]
Tim Pool
Why were they prescribing?
- [57:01]
Phil Labonte
So were you when you initially started having these feelings, was there someone encouraging you? Or did you have people that were encouraging you? Or how did you, how did you stumble upon the idea that you may not be a girl in the first place?
- [57:14]
Chloe Cole
So I wasn't, there weren't people like directly guiding me necessarily. As I said, I was kind of a tomboyish girl. And you know, I, I connected more with like my male role models and especially like my big brothers and the boys around me at school. And there were so many times when I thought like, I don't feel like I'm very feminine. I don't feel like I fit in with the other girls around me and I don't even feel like I'm pretty enough to be a woman. And I hate these changes that are coming, coming with puberty. So why would I ever want to be a woman? Like everything I hear about being a woman, it's always about periods, menopause, the fear of aging, and nobody ever talks about the good things, so why would I ever want any of that? Eventually I started having like the, like I would like look in the mirror and think like, I'm never going to be a good woman, so why should I just be a boy? I would have been so much happier if I were a young man than a young woman.
- [58:08]
Phil Labonte
So it sounds like to me you're, you're, the way you're articulating it sounds like you're saying you had a discomfort with being a woman. Yeah, more than you had a belief that you're a man.
- [58:19]
Chloe Cole
And eventually that became a belief that I was a young man. But that didn't, that didn't naturally come on its own. I started using social media when I was about 11 and I got my first cell phone and I would mostly browse like stuff that was like oriented around my interest. But a lot of, a lot of the kids that were also in these communities online just so happened to be young girls and sometimes boys who called themselves by the opposite sex. And this was nothing I'd ever like, really read about my whole life. So it was very novel, very interesting.
- [58:48]
Phil Labonte
This wasn't on Tumblr, was it?
- [58:49]
Chloe Cole
Well, there. I wasn't really using Tumblr a whole lot at the time, but there was like a lot of overlap between Instagram, which is primarily what I was using, and that community. There was like a lot of cross posting between the platforms. So it was basically the same kind of culture between the two.
- [59:03]
Phil Labonte
And probably after the Tumblr shut down then.
- [59:06]
Chloe Cole
No, it was, it was like, I'd say it was like probably like five years before that maybe, but like seeing these other kids so I could relate to like more than anybody that I knew in real life, and seeing them seemingly become happier through doing this and get through all the same problems that I had was like, wait, this is like the logical next step for me because they are just like me.
- [59:29]
Elad Eliyahu
What was your parents reaction to all this stuff?
- [59:32]
Chloe Cole
When I first told them, they didn't really. They were kind of at a loss. Like they knew that I was a tomboyish girl, but they. I don't think any parent, any sane parent wants to hear this from their own kid. Like, I feel so distressed that I don't want to be the person who I was made to be in your, in, in your womb. That's. I feel like that's such a painful thing for, for a mother or father to hear from their own kid. And it certainly was for them, but they could see, like, it was clearly a mental health issue for me. And it probably came from some of my other social and emotional difficulties that I was going through at the time. And just me being a kid going through puberty. And they had the right idea, like they were okay with me just like experimenting with the way that I dressed and stuff and nothing beyond that. They didn't believe that I was actually their son, but they had their hand forced when they decided that they were going to send me to a therapist and to get me a psychiatric evaluation and mental health help. They, I mean, for one, they weren't allowed in the room with me, so they didn't know what was actually going on.
- [60:34]
Phil Labonte
Your parents weren't what?
- [60:35]
Chloe Cole
They weren't allowed in the room with me during these consultations by California law. I was 12 going on 13 at the time, and I was going to my eighth grade, year of middle school. So when my mom and dad spoke.
- [60:48]
Phil Labonte
Allowed to be in the room.
- [60:50]
Chloe Cole
No. So there's a California law that's basically. It emancipates minors at the age of 12 for the purpose of their mental health.
- [61:05]
Tim Pool
Wow.
- [61:05]
Chloe Cole
So they can seek mental health treatment without the involvement or notification of their parents.
- [61:12]
Phil Labonte
You said they weren't allowed, so was it your choice for them to.
- [61:16]
Chloe Cole
So they were the ones who had me see the therapist, but because I didn't give express consent to have them in there with, then they weren't allowed to know. It was like discussed during, during these appointments or just be in there. They just had to like wait outside the door and wait for me to come out. And there was no follow up or anything. And I was like a 12 year old kid with communication issues. And just the fact that we were being separated had me thinking like, wait, what if there's things that, what if my mom and dad would get angry at me for talking about this?
- [61:45]
Tim Pool
So I just.
- [61:46]
Phil Labonte
There's implication in that. There's a lot of times they don't, or at least the, the, if you're separating children from parents, there's an implication to the child that's not communicated verbally, but there's an implication that hey, maybe there's something wrong with your parents knowing this.
- [62:03]
Chloe Cole
Right. And I mean if you're already like a kid who doesn't have a super close relationship with their parents in the first place, then that's going to further divide that. And so things, when you, when you start to separate a child from the parent, things will get worse for them in every way. So I was going to therapy, but nothing was happening other than being me, other than me being told like, oh yeah, you are a boy, your feelings are real and you, you like we're going to expect your mom and dad to go along with this. There is nothing actually happening to help me with real issues that I had like with. I was going through a bit of a depression at the time because all my friends were older than me and I was in eighth grade, but everybody else, all my, all my older friends had graduated and gone to high school by that point. I was being bullied at school and I just wanted to feel like I had some place of belonging and some sense of understanding myself and an identity and that was really all I needed. And the fix of that would have just been simple. They made it into this complex thing.
- [63:00]
Tim Pool
There was this theory that I heard there are a decent amount of kids who claim to be trans it's actually because something in their life, maybe they're young, high school, 14, 15, let's say, because we're in the area of era of social media and there's videos. When I was a kid, if you, like, barfed in the cafeteria, you know, everyone would be like, whoa, dude, you see him barf these days. You bar from the cafeteria. Somebody filmed it. It's up on social media. It's permanent, it's forever. And so I was reading this thing about how there are some therapists who believe that when a child in grade school or high school experiences a trauma and it's attached to them permanently through social media, there is only one way to escape that. Change who you are. And that they've encountered certain circumstances where the individual who is distressed was actually trying to escape something attached to their name. Hence they wanted to change their name and change who they were. And when they went to councils and said, I, I'm anxiety, I have anxiety all the time. I don't feel right, I'm constantly being bullied, blah, blah, blah, they said, maybe you're trans. And they said, what does that mean? And they said, we can change your name, we can change who you are. You'll go to a different school, you'll be a different person. And that was an escape to the bullying and trauma of their previous person. And not only that, if anyone at the other school dead, named that person and brought up anything from their past, you'd get in trouble.
- [64:21]
Chloe Cole
So they suddenly are protected.
- [64:23]
Tim Pool
Suddenly you're protected. You can't be bullied anymore as long as you go along with this thing.
- [64:27]
Raymond G. Stanley Jr.
Oh, yep.
- [64:28]
Chloe Cole
I mean, I am part of the first generation of kids who grew up with basically these eyeballs all around us, that if somebody catches something stupid that you're doing or saying, it's on the Internet forever and people know you for it forever. And I definitely felt that sense of pressure growing up. I was bullied not only at school, but also people would like, say, like, like post like photos of me and like, say awful things about me online. These other kids who I went to school with, and I think it's no wonder that kids want to escape the mistakes of their past when they're not allowed to live it down.
- [65:03]
Tim Pool
Well, it's all changing now, is there? It's RFK Jr. Formally states the HHS has released their updated definition for sex. Going through, you know, all, all elements of the, of the department, blah, blah. It says sex is a person's immutable, immutable biological classification. Females are Person of the sex characterized by a reproductive system with the biological function of producing eggs or ova. Male, same thing, but sperm. Woman is an adult human female. Girl is a minor human female. Man is an adult human male. Boy is a minor human male. Mother is a female parent. Father is a male parent.
- [65:34]
Chloe Cole
And immutable is the key word here. Because no matter what somebody does, their body, whether they have their puberty stopped or they take cross sex hormones over the course of a few years, or they get their sex organ, organs chopped off or reconfigured, you cannot actually change your sex. It's something that stays with you with for life. It's determined at conception and you just become somebody with less parts or less functioning parts of your body.
- [65:58]
Raymond G. Stanley Jr.
I mean, it's.
- [65:59]
Elad Eliyahu
Chloe was there. So Chloe, was there something that happened that made it click in your head that you are in fact a woman?
- [66:08]
Chloe Cole
So throughout most of my transition, I was pretty confident in this idea that I was a young man and that this was going to make me feel happy and more fulfilled. Although pre surgery, I'd say about like a year into my transition, I started to realize that for some, for whatever reason, I wasn't happy again. The euphoria that initially came with transitioning and with being recognized as a young man at school and with perfectly passing as the opposite sex was going to go away. And it just became life. And things were worse after the fact. But I started really ruminating because it's like nobody had ever presented this idea to me before, not even my own doctors, that I could regret things one day or that could be harmful or detrimental for me. So I thought that the issue was still my body and that I still had to change something. And I still had breasts. I'd already gone through a little bit of puberty, so I had like decently developed breasts. And I wanted. I thought, oh, that's it, I have to get rid of this. I am going to get surgery to get rid of these things and I'm not gonna have to worry about changing the locker room anymore. I am not going to have to wear a shirt while swimming or walking with my friends anymore. I can just be like a normal guy and never have to bind ever again. But as soon as I had the surgery, something clicked. And I think what it was was that it was so. It was so irreversible and so immediately impactful. I had to grapple with the fact that I lost organs off of my body forever. And yeah, I. Around this time I started realizing, wait, I kind of missed some of the things about being a girl, just socially, I didn't miss periods. I didn't miss all the other things that come with female puberty, but just the little things like wearing makeup, wearing mascara, having fun with my hair.
- [68:13]
Tim Pool
You know Ali London?
- [68:15]
Chloe Cole
Yes, I do.
- [68:16]
Tim Pool
Oli London said that after he kept getting all these surgeries, constantly thinking this one more would do it. And then after one moment, he just realized no matter how many surgeries he got, he didn't feel any better, and he needs to stop doing this.
- [68:31]
Chloe Cole
It's basically. It works very similarly to a drug addiction or dependency. But I think what really broke the glass for me, what completely took down the house of cards for me was I was. So when I had surgery, I was 15, and I was turning. I was turning. I turned 16 about a. About a year after, About. About a month afterward. And then I was like, wait, I'm almost 18 years old. I'm almost legally an adult. I'm gonna have to start thinking about my future beyond just what school I want to go to. I never had a relationship before. I've. I don't think I even had a first kiss by the point in time. So I was thinking, wait, so when I have a relationship, am I going to get married? Is my partner going to call me a wife or husband? And if I have children one day, which. How. I don't know how I'm going to do that while I'm on testosterone and probably going to have to go off, which is probably going to induce more dysphoria. And even if I'm off of it for a while, what risks are there for me being a pregnant mother and any risk of birth defects for my child? And psychologically, how is transition. How is me being. How is me choosing to transition going to affect my children? How am I going to explain to my kids that I'm not actually their second father? I'm a mother, but I've chosen to live the lifestyle of a young man. I'm taking all these drugs to try and become something that I'm not. Is that not going to be damaging for them? And then I had this. I had this lesson in my. My junior year of high school about. I think it was the Harlow experiments on rhesus monkeys, the wire mother versus cloth mother. And it was the first time that I ever really thought about, like, breastfeeding or nursing in depth. And it hit me. Wait, so there's this, like, almost like, universal experience for every mother who has naturally had their child of breastfeeding, and this is Very special. And there's a lot of bonding and, and other things that, that go on during this. I'm never going to have that. What do you mean? I'm never going to have that. I'm. Did I just lose potentially major parts of my adulthood during my childhood? And on one hand I basically logic my way out of my transition. But on the other hand, the grief and the pain was what finally made me decide that I couldn't go through with it anymore.
- [71:05]
Tim Pool
Wow.
- [71:05]
Chloe Cole
Because it was killing me. Literally. I was like experiencing physical complications from it. I was having blood clots. I was having urinary tract issues. I didn't want to know how much worse my health was going to get if I kept going down this path. And I couldn't forgive myself. I thought if I'm a mother, then I must be a monster for taking this away from my kids and how I'm still a woman. None of this actually made me into a man. Am I just ugly now? Am I just a freak forever? I don't have any breasts. I look like a man. I sound like a man. I have the voice of a ground man as a 16 year old girl.
- [71:43]
Raymond G. Stanley Jr.
You're not, by the way.
- [71:45]
Chloe Cole
Thank you. At the time it was. It was really rough though. I didn't think I ever would recover. And one of the things that they used to really push my mom and dad into saying yes to all this was the idea that I would commit suicide if I wasn't affirmed and if I wasn't allowed to do basically whatever the hell I wanted. But the truth is that I wasn't even close to Sue's had before. I was lonely. I was depressed. But I wanted to have a better life. I didn't want to take my own life. This only brought me closer to suicide.
- [72:24]
Tim Pool
Wow.
- [72:24]
Chloe Cole
I had never been closer to taking my life than during the detransition process because I thought that life was already over for me, that I wasn't going to make it to 18 years old and that I wasn't going to ever be happy again.
- [72:37]
Elad Eliyahu
That was very powerful. Thank you for the advocacy work you do. It must be. You're very brave to speak about this issue. And I know the pushback you get from the far left as result of this. So I commend you for speaking out so bravely on this.
- [72:51]
Chloe Cole
Thank you.
- [72:51]
Tim Pool
And yeah. Not to be just too hard of a segue after that powerful story. Yeah. Let's. Let's jump to this next story from. This one's from the New York Sun. I'm using this as a launching point to elaborate into a deeper story. They say Google searches for criminal defense lawyers surge at Washington D.C. with Trump in the White House. Now we did cover this story before and I want to give a shout out to Mark Mitchell of recipes and reports because he has continued his investigation here and it gets particularly worrying. The first thing I want to say before we get anything, if you or anyone you know has expressed or is feeling any kind of thoughts of self harm, please reach out to someone you know and love. There's a, there's a story about the Golden Gate Bridge where they, they interviewed survivors, people who had jumped off trying to end their own lives. And they asked these people what was the first thing that went through your mind when you jumped? And you know what they all said? No, they regretted it. They realized every problem in their life was solvable except having just jumped off a bridge. Universal sense universally. They all said they regretted it and we were all, we are all worse off. For everybody who who takes their own life, life is precious.
- [74:05]
Elad Eliyahu
Amen.
- [74:05]
Tim Pool
I am anti death penalty man, even though I know there are bad people out there. With all that being said, Mark Mitchell has done the search and found that in the District of Columbia the search turd search term search term suicide has been spiking since the USAID story went viral. I decided to dig a little bit deeper than that and see how it correlates with other search terms including criminal lawyer, which I brought up, layoffs and fraud. And that's where things get very interesting. These search terms all track very close to each other, indicating their volume is comparable. For instance, we can see a criminal lawyer suicide, layoff, fraud in the District of Columbia for the month of February. You can see that they're all relatively comparable in terms of their, their scale. Despite the fraud search term reaching 99% you can still see that the other search terms track somewhat alongside it, sometimes overlapping. To show you that this is a direct correlation of comparable volume, I'm going to add the search term Super Bowl. I mean look, criminal lawyers are fairly common thing, right? When you add super bowl it basically erases all of the other search terms indicating volume for super bowl greatly exceeds the volume for the other terms. Now that's unfair. The super bowl is massive, right? Let's just try.
- [75:26]
Raymond G. Stanley Jr.
I mean that's only a three day, four day span too.
- [75:29]
Tim Pool
When you put in the search term for pizza, you can see there is no trend. Pizza tends to go up on the weekends and then go down on the Mondays or whatever. But for the Most part search on Google in District of Columbia for pizza is basically the same and drops all of the other search terms down to single digits, sometimes 1, 2, 4 or otherwise, whereas pizza remains strong. So what this means is criminal lawyer, suicide, layoff and fraud are all being searched for in comparable volume, indicating that at the very least how they are all beginning to trend around the same time and that they are all around the same numbers. It is likely one cohort in the District of Columbia that is experiencing something like this. I guess what I'm saying is this is circumstantial evidence that following the, the gutting of usaid, now the IRS and these other government departments, the firing of these individuals and the fear of fraud has resulted in these people searching for these terms. When criminal lawyer was found to be going viral or trending on Google search, a lot of people were like, I wonder how many people near D.C. knew that they were defrauding the government. When you then see that Mark Mitchell searched for the term suicide and saw a comparable trend on Google in the District of Columbia, you have to wonder what is the motivating factor. That's why I added these other terms. It could be layoffs, it could be the fraud. But it seems to be that the actions being taken by Donald Trump has resulted in people panicking, fearing criminal prosecution, searching for the term fraud for any reason, and some people contemplating self harm, which I will stress, please, you know, seek help, nobody, you know, don't do it. But simply to wrap it all up.
- [77:23]
Chloe Cole
There'S a lot of suicides or attempts.
- [77:26]
Tim Pool
Well, I mean that's going to be hard to find. You know, you're like, if it's a delicate issue, and I don't know that any journalist wants to go to local fire departments in D.C. start asking him those questions. But maybe, I mean, no, I mean journalists sometimes ask those questions, real ones. But I think it's plain to see there's a lot of people who are probably guilty about something or scared of something.
- [77:49]
Phil Labonte
Yeah, I mean there's part of me that wonders if people are freaking out because of what they believe Trump will do once like Cash Patel's in, in, you know, once he gets into his position and he's confirmed and the actual policies that he, that Trump has been talking about, I wonder if people think that this situation is they're going to persecute me because I was anti Trump as opposed to, I know that I've actually done something wrong and I have to worry about it because there's so many people that have this hyperbolic under, like, they believe Trump is a dictator. They genuinely believe the garbage that they say about him. Like, Trump is Hitler, et cetera, et cetera. And so I wonder if this, if these searches are because they're like, oh man, they're on to me and they know what I've done. Or if they're like, oh, Trump is the reincarnation of Hitler and he's going to come. It almost makes me wonder if it's like narcissistic, like, like self aggrandizing, like I work at the IRS and he's going to come after me. It's like, well, you're not really that big of a deal there.
- [78:58]
Raymond G. Stanley Jr.
I feel like, I feel like if you're working for the government for the last couple years, for the last whatever, how long they work in here, working in the government, they've partaken in something that has been a kind of a bit shady. No matter what they. I'm sure one little thing they did was like a little shady. One day, one day three years ago, they like, wait, I did. Maybe that was wrong. Maybe I shouldn't have done that. And this might be like, oh, shoot, now they're going to come after us. They're going to come after this one thing.
- [79:21]
Tim Pool
In the interest of fairness, I'd like to read this super chat from Real Hydro. Hey, who said Valentine Day just passed? It's the time people look to end things, Timmy. Just look for correlation to fit your narrative confirmation bias. Well, sir, in the interest of fairness, I have just pulled up the search for Valentine's Day and suicide for the month of February and found zero correlation on any of the days. Yeah, I searched for a bunch of other terms too. I searched for Trump, I searched for Biden, I searched for Democrats or Republican. When I was doing my story earlier and pulling up this research, I didn't just choose those four words. Those are the four words that seemed to correlate to comparable volume. As you can see, Valentine's Day maintains a stable Google search trend and there is no correlation with suicide. Even when Valentine's day spikes to 100%, the suicide term doesn't move at all. There's no correlation at all.
- [80:16]
Raymond G. Stanley Jr.
Is that a real thing? Do people.
- [80:18]
Tim Pool
I'm sure that people are lonely and.
- [80:20]
Raymond G. Stanley Jr.
Yeah, but do they go to that? I mean, I never heard of that.
- [80:22]
Tim Pool
Being clearly not there. Right click on that there.
- [80:24]
Raymond G. Stanley Jr.
There we go.
- [80:25]
Tim Pool
So when you see that the term for suicide spiked, what day was it? February 5th. February 5th. When that term spiked alongside fraud at 100%, meaning for every. For every four. So for every eight searches, or how do we want to do the math on this one? Let's just say it was three to four or four to three. There were four fraud searches for every three suicide searches on the same day. And that's February 5th, not Valentine's Day.
- [80:54]
Raymond G. Stanley Jr.
That's kind of extreme, man. Like, I did a little fraud, so I'm going to like, consider, you know.
- [80:59]
Tim Pool
Well, I mean, look, I genuinely believe there are people in D.C. who are sweating bullets right now because they know they were sending in fraudulent invoices to the government and Elon is auditing, and that's why the entire apparatus of the bureaucracy was fighting against Trump and Elon. Look, man, it's really simple. Ten years ago, some guy gets out of college, he moved to D.C. he's, you know, he's. He's like, I'm gonna work for these lobbying firms or whatever, and it's a job. He's. He moves up a little bit, and then someone says, hey, submit this invoice to the Treasury Department. And he looks and he goes, these are built. These are billable hours. We didn't. We didn't do. And he goes, ah, but just send them in anyway. They'll pay it. Are we allowed to do that? Ah, they always just pay.
- [81:37]
Raymond G. Stanley Jr.
So what we do.
- [81:38]
Tim Pool
Are you sure we're allowed to do this? It's. It's. This is how D.C. works, kid. Do you want to work in D.C. or not? You send in the hours they pay, and he goes, all right, I guess a couple of years goes by, and he's like, this is what we do. Start sending in hours himself, saying, what did we do? We did 10 hours, call it 20. Trump gets in and says, we're going to look for the fraud. And now this person is sweating bullets, being like, I must have billed 7,000 hours over the past several years ripping off the government for a million dollars. That's. That's felony prison sentence level stuff. And. And everybody did it. And that was lawyers going, oh, yeah, everybody was committing a crime, so you did too. Good luck telling the judge that.
- [82:17]
Raymond G. Stanley Jr.
But they're looking up suicide. What are they looking up? Like, how do I.
- [82:20]
Tim Pool
No, I'm just saying I don't.
- [82:23]
Raymond G. Stanley Jr.
I don't care. Take it back. Just not a good search product. Just fraud is a big deal and. Yeah, sorry, go ahead.
- [82:32]
Chloe Cole
No, I was wondering the same thing. Like, if. I don't know if this is insensitive to say. I just think about all the times that I've been suicidal if you really intended.
- [82:38]
Tim Pool
You know, we don't, we don't, we don't, we don't. We don't want to want to speculate or deep dive into any of that. We don't want people to do it or do we want anyone to learn or get any ideas as to what it could mean or why or anything other than nobody should. And people love you.
- [82:52]
Raymond G. Stanley Jr.
Agree.
- [82:53]
Tim Pool
And if you're concerned about your friends and your family, for the love of all that is whole, please check on them.
- [82:56]
Chloe Cole
Because if you have those feelings, do the very opposite. Live harder.
- [82:59]
Tim Pool
Live harder. And, and be responsible for the actions you've taken. You know, I, I apologize for cutting you guys off.
- [83:06]
Elad Eliyahu
No worries.
- [83:07]
Raymond G. Stanley Jr.
I understand.
- [83:07]
Tim Pool
My concern is there's going to be one person out there and any kind of explanation or elaboration could lead someone down a dark path. We don't want that.
- [83:16]
Raymond G. Stanley Jr.
No. We want everyone to live happy, healthy lives.
- [83:18]
Tim Pool
Yep, man.
- [83:19]
Raymond G. Stanley Jr.
No matter who they are.
- [83:20]
Tim Pool
I, Look, I'm against the death penalty. I, I think there are evil people out there do evil deeds and we have a right to defend ourselves. That includes lethal force. And there's. And this is codified in law when you're allowed to do it, not check your state laws. I'm not giving you advice on anything, but I still don't want anybody to lose their life.
- [83:35]
Raymond G. Stanley Jr.
Agreed.
- [83:35]
Tim Pool
Even it's a challenge. There's a lot of people out there. I see on the Internet. There's a lot of people in the comments like, Tim, you're wrong. Some people are so evil. I'm like, I don't. I get it, I get it. I understand. I will just never glorify death from anyone for any reason. Because we hope. I mean, look, we. Life. These are. These. Life is light. It is, it is the creation, is the expansion. It.
- [83:57]
Chloe Cole
It's a miracle.
- [83:58]
Tim Pool
There is, you know, it is. There is. The laws of thermodynamics as we know them is that the universe tends towards chaos and life is striving to fight against the darkness every single day. So we want in all our power to preserve life to the best of our abilities in every facet. And it's really, really difficult to do well.
- [84:18]
Raymond G. Stanley Jr.
They're crooks, so they're looking up fraud and they're worried about Trump.
- [84:22]
Tim Pool
And I'm worried about them too. Because, look, you may have taken money from the government, illicit leave or for whatever reason, but I don't want bad things to happen to you. First of all, we want public accountability. We want to know what happened. We want penance. We want responsibility and accountability and we want rehabilitation. And we want to know that we are like that we are going to do the best of the right by those who are wronged by this. And just we want to be good.
- [84:47]
Raymond G. Stanley Jr.
That kind of reminds me of Ms. Chloe. Love. Love. I was saying love conquers all because at the end of the day, you've. I'm sure you've discovered love, and that is a beautiful thing. You know, everyone loves love.
- [84:59]
Elad Eliyahu
Chloe, you've discovered love. I don't, I don't know.
- [85:04]
Phil Labonte
This is awfully personal. Not awkward at all.
- [85:09]
Tim Pool
I mean, I discover love.
- [85:10]
Elad Eliyahu
Who doesn't love in general?
- [85:11]
Chloe Cole
A love of life, a love of God.
- [85:13]
Raymond G. Stanley Jr.
Yes.
- [85:13]
Chloe Cole
Love of everything that I have. That was exactly what I lacked before.
- [85:17]
Raymond G. Stanley Jr.
Yeah.
- [85:17]
Chloe Cole
And that's what leads people into dark places like that.
- [85:19]
Phil Labonte
Yep.
- [85:22]
Raymond G. Stanley Jr.
Yeah. Phil.
- [85:22]
Tim Pool
Love. Let's jump to this next story, which is. This is probably one of the more serious stories of the day. This is from npr. Trump claims expanded power over independent agencies. I appreciate the simple narrative from NPR in all honesty, because what Trump did was he basically said the Constitution, Article 1 says the executive power is vested in the president. Congress at some point created independent agencies that. And that they claim Trump has no authority over, despite the fact the Constitution says he has full authority over the executive branch. It is fascinating to me that right now the narrative is Trump just made a major power grabs as all the progressive organizations because he issued an executive order saying federal agencies have to report to the Office of Management and Budget and then we're going to supervise the things they're doing and the money they're spending.
- [86:14]
Phil Labonte
This is a continuation or it relates to something that we've been talking about, which is our, or at least my belief that, that I think most of the people around the table have, have said they kind of agree with that. Donald Trump is trying to get the authority back into the office of the presidency, the constitutional authority over the executive branch. So there's all these bureaucracies that have grown up underneath the cabinet, ministers, underneath the Secretary of State and Secretary of Defense, all the cabinet. Right. So they all have a bureaucracy. Each cabinet position has a bureaucracy underneath them. And it's full of people that can't get fired. Government employees never get fired because there are unions that protect them, which are absolutely abhorrent. There should be no public sector unions. Unions should not exist to work against the American people. The office of the president should have the authority to fire whoever he wants in the executive branch. So the executive branch is it exists in order to carry out the laws written by Congress. Congress writes the laws, the President executes them. That's why it's the Executive branch. He does have latitude in how they're executed. And that's why there are some rules that can be made in the executive branch. But the, all of the, of the executive branch agencies, they've all become de facto legislators because the rules that they come up with have the force of law. And these are positions that you cannot that right now it's difficult to fire people. And when I say difficult, almost impossible. So the point that Donald Trump is making with these kinds of moves is to get this question in front of the Supreme Court so he can have the backing of the court to say no, the executive does have the authority to fire people. The executive does have the authority to decide how things are carried out. And this is vitally necessary because the executive, as in the President is elected by the people. The bureaucracy is not. We hear people talk about things like the entrenched bureaucracy and the forever state and the government that doesn't go away. The bureaucracy has no, they have no obligation to listen to the people. There's some changes when a new executive comes in, but when, when the bureaucracy has been there for 20 years, you know, 15, 20 years, they're not going to be all that concerned. With a new administration, it's basically business as usual. That's why usa, USAID has done all the things that it's done. That's why there's no changes at the fda. That's why there's never any changes at the epa. That's the, that's why the government's power only grows. So these are, this is extremely important to get the power back to the elected official in the executive branch because that's the way that the people can actually decide how they're governed.
- [89:08]
Raymond G. Stanley Jr.
Has the Congress for years been working towards making the executive branch less powerful by making these independent agencies?
- [89:17]
Tim Pool
It's, I would call it anarcho tyranny in that they've empowered it in the worst ways possible while curtailing it in the worst ways possible.
- [89:23]
Phil Labonte
Yeah.
- [89:24]
Raymond G. Stanley Jr.
So both ends of the President.
- [89:26]
Tim Pool
Yep. So the President can go to war whenever he wants, but can't stop the out of control spending and the corruption. Basically Congress has empowered corruption in every aspect.
- [89:35]
Phil Labonte
Well, and both of those things that Tim's are talking about are unconstitutional. Right. The Congress voted to give President George Bush the authority to decide if he was going to take military action in Iraq. And they did it because it was full of cowards that didn't want to actually vote on whether or not. Whether or not to go to war. The reason we haven't had an official, official war and we've only had police actions and, and the, the war on terror that, that was carried out under the, the Authorization to use military force. It's because the Congress has been spineless and afraid to actually vote yes or no on war if they, if they give the power to the President, which they don't have any constitutional authority to do that.
- [90:19]
Tim Pool
Right.
- [90:20]
Phil Labonte
The Constitution says Congress declares war. It doesn't say Congress declares war unless Congress is full of chicken shits that don't want to actually vote on it because they're afraid of their constitue. They can give that power to the President. You can't give that power to the President without a constitutional amendment. But Congress is cowards and the entire government is lawless. So we need to have the President have his constitutional powers, which is not to execute foreign wars or to engage in foreign wars, but is to fire bureaucrats.
- [90:52]
Raymond G. Stanley Jr.
Yeah, that makes sense. I would like to know, my friend, how do you feel about going over fighting in the desert and us going to war with them, like without the really doing.
- [91:05]
Elad Eliyahu
How do I feel about fighting in the desert? I feel like it's dry and hot to fight in the desert.
- [91:10]
Chloe Cole
Okay.
- [91:11]
Elad Eliyahu
If you fight in the jungle, could.
- [91:12]
Phil Labonte
Be wet, muddy, moist.
- [91:15]
Elad Eliyahu
Moist.
- [91:16]
Raymond G. Stanley Jr.
Moist. What a nice word. Okay. So, yeah, it kind of sucks. That means the last 40 some years must shoot longer than that. We've been running an unconstitutional government.
- [91:28]
Phil Labonte
Yeah.
- [91:29]
Raymond G. Stanley Jr.
All of our foreign actions.
- [91:31]
Tim Pool
Yeah, indeed.
- [91:32]
Phil Labonte
Yeah.
- [91:32]
Raymond G. Stanley Jr.
It's terrible.
- [91:33]
Tim Pool
Very clearly, since the end of World War II.
- [91:35]
Raymond G. Stanley Jr.
Yeah.
- [91:35]
Tim Pool
And so now Donald Trump is trying to bring it all back to sanity.
- [91:39]
Raymond G. Stanley Jr.
Love it.
- [91:40]
Tim Pool
It is remarkable to me that Congress created agencies of the executive branch that operate outside the powers of the President because that's unconstitutional on its face. And now they're arguing it's unconstitutional for Trump to try and thur. His constitutional authority as president. It is clear that their intent was to create a deep state bureaucratic machine that operated outside the confines of any branch. And that Trump would try to stop it, they claim, is what's wrong. Well, I say what Trump is doing is what needed to be done a long time ago. And for the first time in my life, we have a real president.
- [92:06]
Raymond G. Stanley Jr.
Is that your bezel? That gentleman who said we've been infiltrated many years ago. You think that's the underlining?
- [92:13]
Tim Pool
I don't know.
- [92:14]
Raymond G. Stanley Jr.
And you know, I don't know, some people might.
- [92:16]
Elad Eliyahu
I know, you know, former KGB spy Yuri Bestman, officer. Yeah. I love his work. I think he's spot on about the threat from Russia in particular.
- [92:27]
Phil Labonte
I agree. And I would even go further than what Alad says. I would say that it's from the whole leftist ideology. So it was the KGB and was the Soviet Union. But after the fall of the Soviet Union, the people that are leftists, the people that believe in communism, the people that believe that that is the. The goal of. Of society, that the. That it is an inevitable march towards a global society with no currency and no property. Those people didn't just go away and those ideas just didn't go away just because the. The Soviet Union fell apart. So I think that.
- [93:08]
Tim Pool
Oh, yeah, I think Putin's one of them. Yeah, he was a KGB guy.
- [93:11]
Raymond G. Stanley Jr.
Oh, yeah.
- [93:11]
Tim Pool
Yep. And he's long lamented the fall of the Soviet Union. There are a lot of people in Russia who feel the Soviet Union did not have to collapse. And I don't completely disagree. I mean, there are ways to keep people oppressed. But it did. And a lot of these people were pissed off about it and want to bring it back.
- [93:29]
Elad Eliyahu
I think the Soviet Union's collapse is one of the great American triumphs over communism. And it was a good thing. And we probably should have pushed harder before the CCP became a thing in China. Better to nip it in the bud sooner than later.
- [93:43]
Tim Pool
But yeah, you can thank the US Government for empowering Jenna.
- [93:47]
Raymond G. Stanley Jr.
Yes.
- [93:47]
Tim Pool
Enriching them as well.
- [93:49]
Elad Eliyahu
Who was it Kissinger?
- [93:51]
Tim Pool
I think Nixon.
- [93:52]
Elad Eliyahu
Nixon and Kissinger helped open relationship. Trade relationships.
- [93:55]
Raymond G. Stanley Jr.
Why is Wilcox then. Why is Steve Wilcox the new Henry Kissinger?
- [94:00]
Elad Eliyahu
Well, Henry Kissinger was viewed as like a realist diplomat who, you know, did he really open China or just. Was he not thinking that pretending that Taiwan was the. You know, how long could we ignore China for before we try to build some sort of relationships with them? As I think it's this real politics school of thought. And he was able to accomplish a lot with his sort of diplomacy, especially compared to the people who came after him.
- [94:26]
Phil Labonte
Deng Xiaoping was the. Was the. I guess I forget Prime Minister of China. Yeah. He was the chairman at the time that Nixon went over there. And Deng Xiaoping had a different relationship with Marxist theory than like Mao. So Mao Zedong was very. He believed Marxist theory. He believed that. That China was. Was a Marxist Leninist country with Chinese characteristics, whereas Deng Xiaoping believed that he. He had a saying that was. I don't care if the Cat is black or white as long as it catches mice. So he didn't care if it was purely Marxist, Leninist or, or what type of communist was as long as it provided for the people and KE party in power. And so that's why, that's why they opened up markets and that's why you have things like, you know, like China has, has massive industry and they have what you would, what looks like markets in, in the, in, in China but they're all controlled by the ccp, by the actual Communist Party. That's why you, like, that's why you know, bytedance has an official CCP representative in their office, like in the building. They have someone that represents the CCP and they all know that if the CCP says do this, they have to do this or the CCP will take their property.
- [95:48]
Tim Pool
We've got breaking news. Trump just signed an executive order terminating all taxpayer funded benefits for illegal aliens and the end of subsidiary of open borders. So that's actually much I think more massive than people realize. What things like TPS and housing, jobs, vouchers. I mean I'm curious about what's going to happen to these luxury hotels in New York.
- [96:11]
Elad Eliyahu
I believe also illegal migrants get health care through the city. In New York City, if I'm not.
- [96:16]
Raymond G. Stanley Jr.
Mistaken, in Pennsylvania we did, but you had to be a minor. We would give if you're, even if no matter who you are, we'd give in.
- [96:22]
Tim Pool
Not if you're an American citizen though.
- [96:23]
Raymond G. Stanley Jr.
Hell no.
- [96:23]
Tim Pool
Out of luck.
- [96:24]
Raymond G. Stanley Jr.
Yeah, it's very true.
- [96:26]
Elad Eliyahu
So, and then there's the right to housing laws in New York City where, which is why all the migrants had to be housed in different hotels and whatnot by law. So we'll see how. I'm sure this will go up, up to the courts, up through the courts.
- [96:39]
Raymond G. Stanley Jr.
Why is he doing it so late at night? What's going on? I mean now we got to go.
- [96:42]
Phil Labonte
Super chats, man.
- [96:43]
Tim Pool
Yes. The man's working.
- [96:45]
Raymond G. Stanley Jr.
He's always working.
- [96:45]
Phil Labonte
You know, remember when, when Joe Biden was in the, was in office and they would literally call a lid at one in the afternoon for office doing lids at the day.
- [96:56]
Chloe Cole
I wish I could do that.
- [96:57]
Phil Labonte
I, I mean I kind of do then become president.
- [96:59]
Tim Pool
Yeah, I, you know my, my struggle is to sleep enough because I normally, I just, I used to not sleep because I just don't have time, don't, don't want it.
- [97:07]
Raymond G. Stanley Jr.
Yeah.
- [97:08]
Tim Pool
But now I'm trying to sleep more and it's actually very difficult. Like normally I would sleep six Hours a night. And I hear Trump does too. And my sleep tracker was always like, you're doing great. But now I'm like, I'm going to try and just get more sleep. Although my tracker is now saying you can't force more sleep if your body doesn't need it.
- [97:25]
Raymond G. Stanley Jr.
You better get in while you can.
- [97:27]
Tim Pool
Tim, I've been doing about seven hours.
- [97:28]
Raymond G. Stanley Jr.
Okay.
- [97:29]
Tim Pool
Yeah. Oh, no, I'm gonna need more than that.
- [97:31]
Chloe Cole
I need like 10 hours of sleep per night after quarantine. I used to get like, 10 hours is nuts. I used to go to bed at like 3am Women wake up at 3pm and then for like a few. A few years while doing this stuff, like, I would get maybe like a total of like five hours per night, which is not good.
- [97:49]
Tim Pool
Women require more sleep than men.
- [97:50]
Chloe Cole
It's true. Yeah, I think that's pretty messed up for a while. As you probably imagine.
- [97:54]
Phil Labonte
When I moved down here in my apartment, I bought a nice bed, like a really nice mattress, and I. That thing. I sleep for like nine hours if I don't set an alarm. And I shouldn't be sleeping that long because, like, you know, as you get older, you're supposed to get less. You're supposed to require less and less sleep.
- [98:10]
Tim Pool
I thought, really, no, you're quite more.
- [98:12]
Raymond G. Stanley Jr.
That's why grandma's old people slept less. They wake up super early. Old Grammys, they also go to sleep earlier.
- [98:17]
Tim Pool
Oh, no, no, no, no, no, no. So, like, I'm getting close to 40 and I've got my sleep and health and fitness trackers, and it gives you, like, a detailed breakdown and you need more sleep. You have less human growth hormone when you sleep. You get less testosterone when you sleep. So you need to really maximize your deep sleep, which is the first block within the first hour or so. I got a sleep eight bed. Amazing. Luke recommended it. It's automated temperature control. So it adjusts the temperature to keep you asleep and maximize deep sleep. And then when you wake up, it shows you your REM light and deep sleep and when you're awake and it maps it out for you. And then based on your sleeping pattern, you can assess what your issues are. And so there's a whole bunch of tricks that it tells you, like, you want to maximize deep sleep, you want to get more REM sleep. I bought this thing called the sleep sanity. It's a head. It's like a mask with goggles. It's like. It's a weird thing. It's like a blindfold, basically, but it's Got Bluetooth. And when you go to bed it has a yellow light so it, look, it simulates sunset, which stimulates melatonin, which gives you better deep sleep. And then when you're about to wake up, it stimulates sunrise so it naturally wakes you up in the morning so that your hormone levels are all great. Yeah, because humans used to go to go to sleep when it got dark and wake up when the sun was coming out. You know what I'm saying? So I'm trying to maximize, I'm just trying to make sure I'm doing everything as best as can possibly be done.
- [99:36]
Chloe Cole
Is it too brimmer for me to say that we're kind of over complicating something as simple as sleep with this?
- [99:42]
Tim Pool
No, I mean, I just think it's science, you know what I mean?
- [99:46]
Chloe Cole
Yeah.
- [99:47]
Tim Pool
I, I want to, I want to know why it is. Some days I wake up feeling tired and some days I wake up feeling great. And I want to make sure every day I feel, feel like I wake up feeling great. And so since I started using the sleep aid bed and the tracker and there's a couple, there's a bunch of different strategies for the level of exercise you do. Some say have a protein shake before bed, others say don't drink too much, otherwise you'll wake yourself up if go to the bathroom and that's bad for your sleep cycles. So there's strategies but since I've done the basics of it, I've had no bad night's sleep for five years or longer. Yeah, I almost always wake up feeling great and that's good. Maximum recovery.
- [100:27]
Raymond G. Stanley Jr.
I wake up feeling great just because I, I woke up and I woke up breathing. So it's always a benefit to me.
- [100:32]
Tim Pool
For me, the issue is I work, you know, basically 16 hour days. So when I'm going to bed, if I'm not, I. It is it like if for some reason I'm forced to stay awake, like I have to work till one in the morning for some reason and then I go to bed. Oh, I wake up in pain. Like it's just so hard to work to think. Let's go to super chats though. So smash the like button. Share the show with everyone you know. Become a member by joining Rumble Premium. Become a member of Rumble Premium. See, I'm still so used to saying member of Tim Kids Rumble Premiums, where the uncensored call and show will be taking place in about 20 minutes and it's gonna be fun. Uncensored, where our members will call and talk to us on the show and then we'll get into heated debates. It'll be great. Also for all of our Rumble Premium users, we've got feature length documentaries. We have the Green Room podcast which is an entirely other behind the scenes, uncensored show. We recorded one with Chloe and Chuck earlier today where Chloe told her story.
- [101:25]
Raymond G. Stanley Jr.
Nice.
- [101:25]
Tim Pool
It's very interesting. So if you want to get the straightforward story from Chloe, it's up on rumble.com timcastirl but for now we'll grab your super chats. All right, Fukit. Freddie says Elod is In the top 1% of the world and clueless. Well, all right, cool. Jay Shield says damn Bernie aged in reverse. I don't know. Oh, is he talking about a lot again?
- [101:48]
Elad Eliyahu
What was that one?
- [101:49]
Tim Pool
Oh, it's getting bad for you, buddy.
- [101:50]
Raymond G. Stanley Jr.
Said Bernie aged in reverse.
- [101:51]
Elad Eliyahu
As long as they're sending the super chats in, it is money.
- [101:54]
Chloe Cole
Start roasting me.
- [101:55]
Tim Pool
I want to. Everyone loves you. A Siri design says a lot. You're a communist and you don't even realize it, bro.
- [102:03]
Elad Eliyahu
I don't think you're right, but okay, taxation makes you a communist. Now believing in progressive tax rate makes you a communist.
- [102:09]
Tim Pool
Well, I mean, you ask a libertarian and they'll say yes.
- [102:12]
Elad Eliyahu
Well, I think the libertarians are a trojan horse for the left, if anything, so I'm good for them to think so. Anti left.
- [102:20]
Chloe Cole
All right.
- [102:21]
Tim Pool
Says Milo was right. Oh man.
- [102:24]
Elad Eliyahu
Imagine thinking Milo being a role model. So good for you. Yeah.
- [102:29]
Tim Pool
Normies. Get out. Says Eli is a commie. I'll just. I'm going to skip over those norm. Get out.
- [102:34]
Raymond G. Stanley Jr.
Come on.
- [102:35]
Tim Pool
Lance says the income tax was sold as a temporary tax for the wealthy only a lot does not realize whatever we agree to will come down on everyone. That's.
- [102:44]
Elad Eliyahu
Well, that's an interesting point or understanding of the argument.
- [102:47]
Tim Pool
Sure. So let's say. Let's say we go. No, no, no, no. You're right. Bezos is a special case. Let's tax his unrealized gains. 50 years from now, every single person in this country will be will be taxed on anything they own, including a chair.
- [102:58]
Elad Eliyahu
I don't know how else to say this. I'll say it one more time. The top net worth individuals in our country need a special case. And the laws that we apply to them will not apply apply to people who. Who earn.
- [103:12]
Tim Pool
I just feel like you didn't listen to anything I just said.
- [103:14]
Elad Eliyahu
Yeah, I did. You said how now if we move forward with tax.
- [103:17]
Tim Pool
I literally read a super chat that said, the income tax was sold based on exactly what you just said. Following the course of history, it will be applied no matter what we do to everyone. And then you said again, as if you didn't listen to anything I just.
- [103:30]
Elad Eliyahu
Said, no, the way I was expressing the mechanisms and how I want these laws to work, I mean, yeah, you're saying a bastardized version of what, of what I'm advocating for.
- [103:39]
Tim Pool
So, okay, let's start again.
- [103:40]
Elad Eliyahu
That's like saying if you ever advocate for any sort of censorship at all, don't you know that censorship could be used against things you like, therefore we shouldn't censor anything.
- [103:48]
Tim Pool
So the argument is the income tax was originally sold as only on the wealthy and the fear then is following that it will be the same. Whereas the censorship argument is a moral argument over what we censor when we decide to censor it and could go one of other directions. Taxes are only put in one direction.
- [104:06]
Elad Eliyahu
That taxes are done through can be used improperly. I don't know what to say. Yeah, bastardized versions of the way laws are supposed to be used is bad and wrong.
- [104:14]
Tim Pool
I just want to, I just want to clarify. I mean, quite literally, if your argument is that the wealthy of this country should be taxed differently, that is socialist.
- [104:22]
Elad Eliyahu
It's. It's socialist to think what. Say that one more time.
- [104:25]
Tim Pool
If you believe that the highest tax bracket of wealth holders should have a special law placed against them to be taxed differently. So the government should seize their wealth?
- [104:36]
Elad Eliyahu
No, not seize their wealth. Is the government seizing our wealth by taxing us?
- [104:40]
Tim Pool
Yes.
- [104:40]
Elad Eliyahu
Okay, so I guess we're in a socialist country right now.
- [104:42]
Tim Pool
We are called a mixed economy, so.
- [104:44]
Elad Eliyahu
Not a socialist country.
- [104:45]
Tim Pool
So. So you got your slice of some there, buddy. We are a mixed economy that applies certain socialist principles to capitalist markets. That's why we're not a capitalist country, nor we are, you know, but it's called a mixed economy because it applies both. And the argument often is the battle between the two and which direction we want to go. The left advocating for the socialist tilt, which is increased taxes more and more, and the free market side, which includes some Republicans and many libertarians, to decrease taxes.
- [105:13]
Elad Eliyahu
So I disagree with the argument that taxes or increasing taxes and having different types of taxes on different income earners or net worth people is communist or socialist. I think it's like a misunderstanding of what socialist is. Socialist is when people sees the means of production and like, just to say countries have taxation, I don't think it means there's a phil before you jump.
- [105:34]
Tim Pool
Into like for example, you made a.
- [105:37]
Elad Eliyahu
Place finish in the Nordic countries with high taxes. We don't call them issue.
- [105:41]
Tim Pool
I'm going to turn it off because you made a point and then you tried rambling over. It's called the Gish Gallop. So that no one could challenge your incorrect statement.
- [105:47]
Elad Eliyahu
Which one? Go ahead.
- [105:48]
Tim Pool
That is stock. The wealth Bezos owns is his equity and ownership of the company. And you are advocating for seizing his means of production.
- [105:56]
Elad Eliyahu
I said there should be a mechanism in which we have these high net worth individuals pay more in taxes.
- [106:01]
Tim Pool
I say let's stop. Let's. You made a point, now it will be addressed. You made your point.
- [106:06]
Raymond G. Stanley Jr.
Okay, give me the money.
- [106:08]
Tim Pool
You advocated for the imagined equity ownership wealth, Right. Not his income. Correct?
- [106:14]
Elad Eliyahu
Correct.
- [106:15]
Tim Pool
That is taking his control of the company away.
- [106:20]
Elad Eliyahu
I don't know how else to say this. That Jeff Bezos should be taxed differently. I mean you could not accept that we should move forward to call it socialist. To suggest.
- [106:27]
Tim Pool
Let's slow down. You made a point. We're going to. So here's what we do. You make a point and then someone responds to it. You're Gish galloping. Do. That means. Yeah, it means you're saying a bunch of random things at once so no one can respond. Okay. Jeff Bezos should be taxed differently, particularly because he has massive wealth. His wealth is tied to his equity in Amazon. Correct? Right.
- [106:49]
Elad Eliyahu
Yes.
- [106:50]
Tim Pool
You want to take that equity from him in some form, be it 1% or 10%. I don't know.
- [106:57]
Elad Eliyahu
There should be a mechanism.
- [106:59]
Tim Pool
Yes.
- [107:00]
Elad Eliyahu
Or these high net worth individuals where pay more in taxes.
- [107:04]
Tim Pool
Okay.
- [107:04]
Elad Eliyahu
I am not an accounting professional, so whether that be they have to sell certain amount of taxes or what have you, I'm sure Jeff Bezos has many.
- [107:13]
Tim Pool
All right, let's not work around. I'll address it. So you are saying the government should create a mechanism by which Jeff Bezos must relinquish control of his company, right?
- [107:25]
Elad Eliyahu
No, no, no. Not his company.
- [107:26]
Tim Pool
Do you know what equity is?
- [107:27]
Elad Eliyahu
No.
- [107:27]
Tim Pool
Equity is.
- [107:28]
Elad Eliyahu
Yes, but I'm not saying. Now you're galloping.
- [107:31]
Tim Pool
No, I'm not.
- [107:31]
Elad Eliyahu
Something specific. Let's get back to the point.
- [107:33]
Tim Pool
You know what?
- [107:33]
Elad Eliyahu
I don't think he should have to sell equity of his Amazon company. He could figure out ways of paying taxes in a different form. So like I'm not an. On his net worth.
- [107:43]
Tim Pool
Which is. Which is his equity and which is.
- [107:45]
Elad Eliyahu
Tied up in Amazon stock, which is in part.
- [107:48]
Tim Pool
And the stock is his ownership of the company. Okay, let's let's slow down. I'm going to give a few. A few basic points, everybody.
- [107:52]
Raymond G. Stanley Jr.
Yes, sir.
- [107:53]
Tim Pool
The, the stocks, the shares you hold in a company represent your equity stake and ownership of the company. Tim Pool owns 100% of Tim cast Media. The company does have shares. It's private company and I hold all of them. If the government said those shares have a value based on the revenue of the company, you have to pay taxes on those shares. That would force me to relinquish control of this company in some direction. That is called the government seizing ownership of the company.
- [108:20]
Elad Eliyahu
I don't agree with the specific mechanism that you're. All right. Well, there you go. You just think I'm wrong. I think Jeff Bezos doesn't pay enough in taxes. And just like similarly the top 100 net worth individuals in our country. No, I'm not. And that's not the definition of socialism at all.
- [108:35]
Tim Pool
What is? It doesn't matter what you think you are. You're advocating for the government to seize the ownership of Jeff Bezos.
- [108:41]
Elad Eliyahu
No, I'm not. And you don't know I'm not. And how you're defining it of what I'm saying is a mischaracterist.
- [108:47]
Tim Pool
Okay, so let's slow down. Jeff Bezos made $2 million in cash and you think he's not paying enough based on that $2 million? Should he pay a million dollars of it?
- [108:54]
Elad Eliyahu
I think based off I, I feel like I'm reiterating myself and we're just going in circles. Tim. Frankly, I think there's an issue with how we tax high net worth into the high.
- [109:03]
Tim Pool
Does that mean.
- [109:04]
Elad Eliyahu
I don't know how else to make it more clear.
- [109:06]
Tim Pool
The way we tax what his income.
- [109:09]
Elad Eliyahu
High net worth individuals, it goes beyond their income because high net worth individuals don't have an extremely high income. They have their money.
- [109:15]
Tim Pool
I have a question for you. If you. If you didn't eat breakfast yesterday, how would you have felt?
- [109:20]
Elad Eliyahu
It depends. Some days I don't have breakfast and I'm not feeling.
- [109:23]
Tim Pool
Do you not understand the concept of taxing means a requirement for an individual to pay cash. But then you say net worth, which is imaginary, where there is no cash. What do you not understand? I am asking these questions to try and figure out what you're trying to do.
- [109:38]
Elad Eliyahu
The issue is these people of these high net worth individuals on purpose have low incomes as a workaround for our laws in our country.
- [109:47]
Tim Pool
Got it now pause now. If their income is low, how do they pay a tax?
- [109:52]
Elad Eliyahu
We need to find a mechanism in which we find a way to tax people who are the highest net worth individuals.
- [109:59]
Phil Labonte
So purposefully.
- [110:00]
Tim Pool
I'm trying, I'm trying. Okay, slow down.
- [110:03]
Elad Eliyahu
Okay.
- [110:03]
Tim Pool
Purposefully tax what? Their net worth.
- [110:06]
Elad Eliyahu
We need to find a mechanism. In what? A part of their value.
- [110:12]
Tim Pool
A part of their net worth?
- [110:13]
Elad Eliyahu
Yes.
- [110:14]
Tim Pool
Okay. Jeff Bezos's net worth. Just hold on.
- [110:16]
Elad Eliyahu
Sure.
- [110:17]
Tim Pool
Is his ownership stake in Amazon. That's it.
- [110:20]
Elad Eliyahu
Sure.
- [110:21]
Tim Pool
So if someone said but sure, that's just. That's. That's majority of his wealth. Almost all of it.
- [110:26]
Elad Eliyahu
Sure.
- [110:26]
Tim Pool
He keeps taxing would require him to pay cash, which he does not have for owning part of Amazon.
- [110:36]
Elad Eliyahu
Yes.
- [110:37]
Tim Pool
So how will he acquire the cash?
- [110:40]
Elad Eliyahu
We need to figure out a mechanism. I'm not an accountant, but here's the issue. If you just lock up all your money in stock and you are highly.
- [110:50]
Tim Pool
No, no, no. Because you're not making one. You're what I.
- [110:54]
Elad Eliyahu
What I'm doing on purpose. Tim, you're not understandably missing the point.
- [110:58]
Tim Pool
I am doing is called the Socratic method where I'm asking you questions to dissect what your argument is. You're going in circles. I am trying to lay out the logical base points of what you are trying to claim so we can understand what you're saying. Jeff Bezos hypothetically makes his reporter. He makes $1 million salary with $1 million bonus. That's the official reporting. He has an estimated 170 something billion in his equity control of Amazon. This is stock he's not legally allowed to sell based on contractual obligations.
- [111:24]
Elad Eliyahu
You want to sell his stock, but.
- [111:26]
Tim Pool
When he's legally allowed to based on performance issues, meaning the stock reaches a certain value, he can sell a certain amount. That's when he can cash out some of his. Some of his equity. What you have explained to us is that you want to tax Bezos on what's called unrealized gains. That is, Bezos owns a portion of his company and that portion of ownership equals an imaginary value. Because that imaginary value is very high. He should have to find a way to acquire cash to pay the government. The only means by which that could be accomplished would be if he sold equity stake in his company. That would mean the government put a requirement for him to relinquish a degree of control of his company. Right.
- [112:09]
Elad Eliyahu
It doesn't have to be. And I'll explain to you why. Because certain stocks have more voting rights than other stocks. So they don't have to make him relinquish specifically stocks that have voting rights. In his company. So there are ways around this. And that's why I'm saying there needs to be a mechanism. My larger point here is that there are ultra wealthy people in our country who do not pay any reasonable understandable share of tax even compared to their fellow 1 percenters. So the 1% of the 1% ends up paying less than the other 99% in that 1%.
- [112:37]
Tim Pool
So now here's the larger point here.
- [112:39]
Elad Eliyahu
So let me issue with how these people are taxed needs to change is.
- [112:42]
Tim Pool
My point said that. Okay, so you are, you are advocating for attacks on unrealized gains in any comparison in some way. We don't know how yet. Yeah, but somebody who generates imaginary wealth should have to pay the government based on the perception of that wealth for.
- [112:56]
Elad Eliyahu
The ultra wealthy once you pass a certain threshold in our country. Yeah.
- [113:00]
Tim Pool
So even though they have no money.
- [113:04]
Elad Eliyahu
Yes.
- [113:05]
Tim Pool
So like if you bought.
- [113:06]
Elad Eliyahu
I think Jeff Bezos has no money. Yes.
- [113:08]
Tim Pool
Okay, that's not what I said. I think his cash reserves are relatively low relative to his net worth. That's the point. So for example, there's no way for.
- [113:15]
Elad Eliyahu
Jeff Bezos to pay more taxes. I guess we're just, he's just going to have to stay what he's paying.
- [113:19]
Tim Pool
No, there is. We could seize his equity.
- [113:21]
Elad Eliyahu
No, there's. We shouldn't do that. That would make us communist. Jeff Bezos has to be able to pay as much taxes as, you know, people who earn pays more billions of dollars.
- [113:29]
Tim Pool
And so if someone bought a Spider man comic for a dollar and then 20 years later it was worth $10 million because it was a rare Spider man comic and it was graded 10 sealed in a box. They now have an imaginary net worth of $10 million. Should we tax them for having that Spider man comic?
- [113:47]
Elad Eliyahu
No.
- [113:47]
Tim Pool
It's a real question.
- [113:48]
Elad Eliyahu
No, no. But I feel like these aren't apples to apples comparisons. I'm trying to talk to you about special cases where we are talking about the modern day Robbery Bears.
- [113:55]
Tim Pool
That's why I'm Robber baron.
- [113:57]
Elad Eliyahu
Yeah, these, all these.
- [113:58]
Tim Pool
Ok, dude, dude, you're a socialist.
- [114:00]
Elad Eliyahu
No, no, I'm not robber baron.
- [114:02]
Tim Pool
These guys Polinsky over here taxing equity and companies. Bro.
- [114:07]
Elad Eliyahu
I'm not saying we.
- [114:08]
Tim Pool
You would get a lot.
- [114:09]
Elad Eliyahu
I think there's issues.
- [114:10]
Tim Pool
He's not a Neo, he's a New Lib.
- [114:12]
Elad Eliyahu
There's issues with how we tax these guys and I think it's actually abundantly clear. And I think these arguments.
- [114:18]
Phil Labonte
That's an emotional argument.
- [114:19]
Elad Eliyahu
What's an emotional argument?
- [114:20]
Phil Labonte
That it's abundantly clear.
- [114:22]
Elad Eliyahu
No, they pay. The, the top hundred net worth individuals in our country pay less than people who earn millions of dollars. If you're. Yes, yes, they do. Because of their tax worker.
- [114:32]
Tim Pool
No, no, they don't. You have literally no idea what you're talking about.
- [114:35]
Elad Eliyahu
Jeff Bezos used to take a small 100k salary.
- [114:39]
Tim Pool
So he still takes a million dollars a year. His salary. That's reported.
- [114:42]
Elad Eliyahu
Doesn't he not work in the board? When he was working as CEO, he was only taking 86, and he was only paying an income tax on that. And, and if you don't see an issue, Phil, if you want to, I think it's abundantly clear that somebody with the net worth of Jeff Bezos should be paying more than just his income tax on $80,000 a year because he's, he's one of the richest people in our country. No, that is why. That is why. And I believe.
- [115:08]
Tim Pool
Guys, guys, you made a statement of identity, not an argument as to why he should be taxed.
- [115:14]
Elad Eliyahu
Because I believe in a progressive tax rate. Why should people be taxed?
- [115:16]
Tim Pool
That is a statement. That is not an argument as to why someone should be taxed. Let me, let me tell you, Let me tell you an argument. Okay? The progressive tax argument is that the wealthier you are, the, the less money you require for standard living and the more money you have for capital investment. The reason we tax you at a progressive rate is because you require less money. The more money you have. That is the progressive argument. Because a person who makes $80,000 a year can cover their basics. A person who makes 500,000 covers their basics and has extra money for influence, power. That is a socialist concept, and I'm not telling you that. I'm saying that is literally one. The progressive tax bracket. I am asking you, for what mechanical reason of law and society should wealthy people be taxed?
- [116:03]
Elad Eliyahu
What mechanical reason of law?
- [116:06]
Tim Pool
Why would a government institute a mechanical policy codified in law? Because I can give you reasons. You can't murder people because there's two reasons.
- [116:15]
Elad Eliyahu
So why should they fundraise taxes?
- [116:17]
Tim Pool
Why should wealthier people pay more taxes?
- [116:22]
Elad Eliyahu
Because it's an easier strain on them as it is to people who earn less. There are people who earn and people who earn. Again, like if you're in the bottom 50% of the tax bracket, you pay almost none of the actual tax revenue. Those people shouldn't be paying income taxes at all.
- [116:36]
Tim Pool
You agree with the socialist precept I just presented.
- [116:38]
Elad Eliyahu
I don't think it's a socialist precept.
- [116:39]
Tim Pool
Hold on.
- [116:40]
Elad Eliyahu
I think higher and progressive taxes and higher taxes does not make one socialist. That's just not what socialists.
- [116:46]
Tim Pool
I just explained to you, not that you were a socialist, but the socialist argument is we should tax the wealthy because they have access to wealth and power more than the working class.
- [116:57]
Elad Eliyahu
You then reconsider liberal argument, not a socialist argument. A socialist argument is that we should seize the means of production.
- [117:04]
Tim Pool
That's not a liberal argument. That's the socialist argument.
- [117:06]
Elad Eliyahu
Make a progressive tax rate. No, no, no.
- [117:08]
Tim Pool
Liberals say that liberals in the modern colloquial context have socialist tendencies. In the mixed economics of the United States, one could make the argument we should tax the wealthy not just because they are wealthy, but because we want to fund government programs or because we want to remove money from the market that's inflationary due to mass spending or money creation of the US Government. Those are mechanical reasons to tax people. One could argue, like Bloomberg, we should tax the poor because poor people make bad decisions and if we take their means of of purchasing from them, we can determine through government programs what they should be able to receive. That's a mechanical argument. I explained to you that the socialist precept was that wealthy people do not need that much money beyond and after they've already met their needs, which is to each according to their needs, from each according to their capabilities. The extra money levies undue influence. So we prescribe a higher tax rate. Hence the United States is called a mixed economy, which has some social intent tendencies and market economies. You then said that right back to me. Because it's easier for the rich than it is for the poor, which is the socialist precept. I wasn't calling you a socialist, but you did adopt that argument.
- [118:20]
Elad Eliyahu
I disagree that it's a socialist precept, but.
- [118:22]
Tim Pool
But it literally is from each according to their capabilities, to each according to their needs.
- [118:27]
Elad Eliyahu
Slogan. That's not like Marxists don't.
- [118:30]
Tim Pool
It's an ethos, simply put, that explains the Marxist ideology of people should not get more than they need and they should only do what they can. Therefore, the ultra wealthy can be taxed at a higher rate for the purpose of simply it's more than they need. So it's not, it's not abject socialism. There are various economies that, that adopt socialist practices and and laissez faire practices. The United States is a mixed economy in that it is somewhat socialist and somewhat not.
- [118:57]
Elad Eliyahu
And where we have a progressive tax rate now.
- [118:59]
Tim Pool
That's right. That is a socialist construct.
- [119:02]
Elad Eliyahu
Okay, but we're not. We're a mixed economy now.
- [119:04]
Tim Pool
We are a mixed economy.
- [119:04]
Elad Eliyahu
Ok.
- [119:05]
Tim Pool
So one could argue that we are becoming socialists, as they often do. Some could argue that we are becoming more laissez faire. Likely under Donald Trump, we're moving in that direction, which means you end government programs, you end government subsidies, you stop taking from one group to give to another. The United States is a mixed economy, meaning it's about, it's. I think the average is that around 45% of all income is taxed. So of all tax brackets, if you are a regular working class person, through property tax, through income tax, through sales tax, excise tax, service tax, et cetera, road tax, gas tax, you're paying about 45% of your income in taxes. So that's, that's why some argue we're not a totally socialist nation. Or we don't lean socialist because we actually lean slightly less because we're taxing at less than half of your income rate. Simply put, taxing the wealthy for the sake of it, because they have too much. That is the socialist argument. Okay, okay. All right. Well, we're going to go to the members only call in show. I can grab some more super chats. But bro, I got to be honest, Elad, literally, I mean, I mean this sincerely.
- [120:11]
Elad Eliyahu
Just can you go rapid fire with a handful real quick?
- [120:13]
Tim Pool
Literally every single one is explaining how you don't understand taxes, law or business. Some of them are a bit brutal.
- [120:21]
Elad Eliyahu
Anybody agree?
- [120:22]
Tim Pool
Mr. Cooper says a lot. Has absolutely no idea what he's talking about. He's a lolcow. And yes, we are a socialist country. Laissez faire economics and economic regimentation. Socialism are mutually exclusive ideas.
- [120:31]
Elad Eliyahu
Hard to argue with. We're a socialist country.
- [120:33]
Tim Pool
Convincing reality says laws have to be applied equally.
- [120:36]
Elad Eliyahu
Okay.
- [120:38]
Tim Pool
Lurch says a lot never change. Crazy, cringe and dumb.
- [120:43]
Elad Eliyahu
No, stay in the echo chamber.
- [120:46]
Tim Pool
Jason Dixon says for the love of God, shut up. Shut the hell up. Elad, move on. Tim, the viewership is dropping. Nobody wants to hear you. Educate him. We are over it. Well, we'll talk to respect. I do actively monitor viewership during the show and it is comparable to any other time. And I do know that a lot of people don't like when we get into arguments like that, although many do. And I think it's important to have those conversations. And that's why we have like, this is why we have eclectic voices on the show, because there are a lot of people who have never heard the argument articulated as to why these taxes should or should not exist or how they function.
- [121:22]
Raymond G. Stanley Jr.
Yeah.
- [121:22]
Tim Pool
That is to say there are a lot of people out there who genuinely believe that Bezos pays less taxes than the average American, which is a fact statement that is false. There's a lot of people who believe the wealthy aren't paying their, quote, unquote, fair share, which is an opinion emotional argument. Fair share is a meaningless, nonsense term. It doesn't mean anything. What is fair share? I don't know. The fact is that the top 1% pay around half of all income taxes or more in this country and the lower, lowest income earners pay almost none. In order to be a net income, a net taxpayer in this country, I think you have to make around like 150 to $200,000 a year. So these things are important to understand because we have a country that heavily, heavily subsidizes people in a variety of ways, from health care benefits to fire department, police. All of these things are paid for that the average person isn't actually paying back. So when people call for the death of billionaires like Bill Burr, they're basically saying, destroy the mechanism by which we actually fund the tax base. And that would be catastrophic for the structures of this government. There are always going to be the top one, the top point 1% of human beings. No matter what laws you make, no matter what you do, they will always find the means to maximize their potential, to maximize control. Either because they're naturally charismatic, they have social currency or hard currency. AOC considers herself to be poor. She says, I don't make that much money. But she is actually, in the full metrics of, of social economics, one of the wealthiest people in the world. In that with her 10 million followers on X, she could destroy economies like she did in New York City with Amazon. She was able to snap her fingers and rip $30 billion from New York. She may not have cash, but her social currency is more powerful than anything Bezos can do or arguably as powerful. We're to go to that members only show my friends, so smash the like button. It's going to be on rumble.com/timcast, IRL. You can follow me on X and Instagram at Tim Cast. Chloe, do you want to shout anything out?
- [123:20]
Chloe Cole
So I'm on X and Instagram primarily, but I'm also on YouTube. I might also open up a Rumble.
- [123:26]
Phil Labonte
Oh, good idea.
- [123:28]
Chloe Cole
And my username on all of them is the same. It's Chew Cole, C H O O O, three O's, C O L E. Or you should be able to look me up by just writing Chloe Cole.
- [123:38]
Tim Pool
Right on.
- [123:40]
Elad Eliyahu
I'm a lot Eliyahu. I'm a journalist here at Tim Cast. Arguments like those are actually my favorite part of the show. Also I have a photo here of the kidnapped kfir Bibas on October 7. He was a child who was kidnapped by not Hamas, but the average opportunistic Palestinian citizens who also decided to raid Israel. Him, his two year old brother and mother were all kidnapped and killed while in Hamas captivity. Their bodies are supposed to be returned tomorrow. It's anticipated to be one of the largest funerals in Israel's history. And it speaks to how the issue goes deeper than just Hamas. Not that they will have any role in the future of governing Gaza, but the average Palestinian person, an opportunistic Palestinian person, raided the border. A group of them raided the border, many of them on October 7, kidnapped Kfir B. Boss, his mother and his brother. And now they're all dead. Just. I'd feel remiss if I didn't mention that, Raymond.
- [124:37]
Raymond G. Stanley Jr.
Yeah, thank you for that. I agree. My name is Raymond G. Stanley Jr. I work for Tim Cast and I blue collar. Once again we're gonna shout out Mr. W. David Lilly Jr doing Roberto Jr here and I'm sure you seen behind Phil was Mr. Bocus. Chloe, thank you for allowing me to feel emotions. I don't feel emotions very much, but I appreciate that, Phil.
- [124:59]
Chloe Cole
I'm glad I made you feel something.
- [125:01]
Phil Labonte
I am Phil. That remains on X where you can subscribe to my page there. I'm Phil. That remains official on Instagram. The band is all that remains. New record dropped on January 31st. It's called anti Fragile. You can take a listen to it on Spotify, Apple Music, Pandora, Amazon Music, Amazon Music, YouTube and Deezer. Don't forget the left lanes for crime. That's it.
- [125:20]
Tim Pool
We will see you all over@rumble.com Timcast IRL in about 30 seconds. Thanks for hanging out.