[00:00.000 --> 00:12.280] All right, we are back. [00:12.280 --> 00:13.280] It's after midnight. [00:13.280 --> 00:18.800] We are in overtime mode with our very special guest, Steve, the financial analyst who has [00:18.800 --> 00:25.400] agreed to stay into overtime mode with us to continue this wonderful discussion. [00:25.400 --> 00:29.640] All right, Steve, if you could please pick up where you left off right before we went [00:29.640 --> 00:31.680] to break at the top of the hour. [00:31.680 --> 00:38.120] Well, where we left off last time was a lot of the commentary in the financial media and [00:38.120 --> 00:44.160] the general news media have been painting out that gold is bad buy. [00:44.160 --> 00:47.040] It's risky. [00:47.040 --> 00:49.720] There's no interest paid on gold. [00:49.720 --> 00:52.080] That's one of my favorites. [00:52.080 --> 00:54.320] There's a lot of reasons why you shouldn't buy it. [00:54.320 --> 01:00.080] If you think about it, if the general public felt exactly the way I do, there wouldn't [01:00.080 --> 01:04.960] be one ounce available anywhere on the planet. [01:04.960 --> 01:10.200] Nobody would be willing to get rid of this stuff. [01:10.200 --> 01:11.200] I hear a lot. [01:11.200 --> 01:16.320] I read a lot of different analysts' opinions because, frankly, I'm always looking for some [01:16.320 --> 01:19.320] little tidbit I might have missed because I do. [01:19.320 --> 01:22.200] I miss a lot. [01:22.200 --> 01:27.440] One of the things that really gets me is when I hear every time we're in a run-up, a handful [01:27.440 --> 01:32.360] of people like on Kitco will come out and start talking about outrageous numbers. [01:32.360 --> 01:35.240] I did a little research and digging on my own. [01:35.240 --> 01:40.660] The last time gold ran up, there were a lot of people coming out and saying, if you look [01:40.660 --> 01:46.640] at a report called the commitment of traders, if too many traders are on one side of the [01:46.640 --> 01:52.280] boat, hypothetically, the market has to turn because there's nobody else to take the other [01:52.280 --> 01:55.040] side anymore. [01:55.040 --> 02:01.620] If everybody is long gold, that means something nasty is about to happen. [02:01.620 --> 02:08.000] Every once in a while, you get a fundamental reason why that's not necessarily true. [02:08.000 --> 02:13.040] I did a little homework and I found a correlation chart between the commitment of traders and [02:13.040 --> 02:15.280] the price of gold. [02:15.280 --> 02:18.560] I found something really outstanding. [02:18.560 --> 02:23.800] One of the correlations pointed out to a previous peak we had in the commitment of traders report [02:23.800 --> 02:26.840] when gold was like $500 an ounce. [02:26.840 --> 02:37.000] It ran from $500 to $850, $875 in one shot over a two-month, three-month period of time. [02:37.000 --> 02:43.120] Very recently, when gold was just about to break $1,000, the commitment of traders report [02:43.120 --> 02:48.960] looked exactly as lopsided as it did at the previous spike. [02:48.960 --> 02:55.360] Now, if you extrapolate for some just basic averages, at the time, that would have put [02:55.360 --> 03:02.480] a $1,300 an ounce price of gold within realm if history were to repeat. [03:02.480 --> 03:07.840] I find it kind of ironic that we just hit $1,225, so we're only $75 away from a number [03:07.840 --> 03:12.680] that goodness knows how many people were saying was impossible. [03:12.680 --> 03:13.680] It's a bubble. [03:13.680 --> 03:14.680] It can't happen. [03:14.680 --> 03:21.600] See all the kooks and crazies and conspiracy theorists whack jobs and yada, yada. [03:21.600 --> 03:26.040] All these people are coming out and saying, that's just proof we're in a bubble. [03:26.040 --> 03:29.160] Well, if we were in a bubble, where's the books? [03:29.160 --> 03:30.160] Where's the videos? [03:30.160 --> 03:35.160] Where's the late-night infomercials on how to make a million bucks? [03:35.160 --> 03:37.840] Don't forget the warning signs. [03:37.840 --> 03:42.480] If you don't know the past, you're doomed to repeat it. [03:42.480 --> 03:47.320] And most of the people that would be listening to this show, especially in after hours, folks, [03:47.320 --> 03:48.680] you're old enough. [03:48.680 --> 03:54.200] You saw the internet bubble and how insane and crazy that was. [03:54.200 --> 03:55.960] You saw the real estate bubble. [03:55.960 --> 03:58.960] We just lived through that. [03:58.960 --> 04:02.320] What similar signs do you see in precious metals? [04:02.320 --> 04:03.320] Is it moving? [04:03.320 --> 04:04.320] Yes. [04:04.320 --> 04:05.320] Is it garnering attention? [04:05.320 --> 04:06.320] Yes. [04:06.320 --> 04:07.320] Is it frothy? [04:07.320 --> 04:10.800] Is the kid at Blockbuster buying gold? [04:10.800 --> 04:13.640] I don't even think so. [04:13.640 --> 04:19.740] I could be very wrong here, but personally, I don't believe we've even really started. [04:19.740 --> 04:24.920] We might be in the third inning of a nine-inning game. [04:24.920 --> 04:30.560] And if you want to take how much debt we have to refinance and divide that by the price [04:30.560 --> 04:34.420] of gold, you would get about $3,200. [04:34.420 --> 04:39.820] If you want to take what are real projections with offline budget included and adjust that [04:39.820 --> 04:44.160] for gold, we might be looking at $5,000 or $6,000. [04:44.160 --> 04:53.200] If you want to take completely parabolic blow-off and multi-generational peaks, like we saw [04:53.200 --> 05:01.320] in the NASDAQ and we saw in real estate, because I would bet anything that the bottom in real [05:01.320 --> 05:08.280] estate is a very long way away, just because of sentiment. [05:08.280 --> 05:15.280] $10,000, $15,000, these are not unrealistic numbers. [05:15.280 --> 05:20.640] When the NASDAQ was breaking $1,000, people thought, this is unbelievable, this thing [05:20.640 --> 05:21.640] was just $100. [05:21.640 --> 05:27.920] It's at $1,000, there couldn't be any more room to grow. [05:27.920 --> 05:36.240] By the time it hit $2,500, the public got involved, and the public really went gonzo, [05:36.240 --> 05:41.960] full tilt, and all committed once we got past $4,000. [05:41.960 --> 05:47.280] The NASDAQ topped out at over $5,500. [05:47.280 --> 05:52.880] Imagine being one of those conspiracy whack jobs back when the NASDAQ was under $1,000. [05:52.880 --> 05:56.440] You did pretty well for yourself. [05:56.440 --> 06:01.240] Anybody who was smart enough to get in at that point was smart enough to say, hey, you [06:01.240 --> 06:05.680] know, I'm starting to hear a lot of talk and see a lot of signs. [06:05.680 --> 06:13.320] Maybe you don't dump it all off at once, but if I buy 100 ounces of gold at $300 an ounce [06:13.320 --> 06:19.320] and it gets to $1,200, why not sell off one-third of what I have? [06:19.320 --> 06:20.320] Lock in the profit. [06:20.320 --> 06:24.200] I doubled my money from where I originally started, and I still have two-thirds of my [06:24.200 --> 06:27.200] gold sitting on the table. [06:27.200 --> 06:35.440] And from here on out, I decided to sell 10% on every $100-ounce move. [06:35.440 --> 06:39.120] If I have 100 ounces and sell 10%, now I have 90. [06:39.120 --> 06:41.560] I sell 10%, that's 9. [06:41.560 --> 06:43.560] I have 81. [06:43.560 --> 06:45.680] You know, and you keep selling off 10. [06:45.680 --> 06:48.720] Technically, you'll never run out of gold. [06:48.720 --> 06:50.840] You'll never sell off your entire position. [06:50.840 --> 06:55.440] But you're constantly selling while the public is going, I've got to have it. [06:55.440 --> 06:57.840] It's going to the moon. [06:57.840 --> 07:04.120] Recently, I saw a picture of something that just, I don't even know what to say about [07:04.120 --> 07:05.680] this. [07:05.680 --> 07:12.280] I saw a picture of the latest highest dollar or highest denomination Zimbabwe dollar. [07:12.280 --> 07:20.400] Deborah, Randy, do you guys remember me talking about Zimbabwe on previous shows? [07:20.400 --> 07:24.320] Didn't they have a minor little bout with inflation? [07:24.320 --> 07:32.560] The latest denomination of Zimbabwe dollars was a single note. [07:32.560 --> 07:39.760] And I think the last time we talked, we were in the multi-billions of dollars per note. [07:39.760 --> 07:40.760] Okay. [07:40.760 --> 07:49.080] Well, there's a reason, because people don't learn, and they don't stand up, and they don't [07:49.080 --> 07:51.120] take over. [07:51.120 --> 07:58.480] They just allow the perfumed princes and princesses to keep running amok. [07:58.480 --> 08:06.960] The latest bill for Zimbabwe was a 100 trillion dollar bill. [08:06.960 --> 08:09.720] 100 trillion dollar bill. [08:09.720 --> 08:10.720] Why bother? [08:10.720 --> 08:13.040] Why even bother with the currency anymore? [08:13.040 --> 08:14.040] It's useless. [08:14.040 --> 08:15.040] 100 trillion dollar bill. [08:15.040 --> 08:16.040] Why bother? [08:16.040 --> 08:17.040] Right. [08:17.040 --> 08:23.440] Well, nobody's going to talk to you about it takes a half an inch of them to buy lunch. [08:23.440 --> 08:25.160] So you're in the multi quintillion? [08:25.160 --> 08:27.200] Oh, come on. [08:27.200 --> 08:32.280] Well, people say that it's impossible that the United States could ever experience such [08:32.280 --> 08:33.280] a thing. [08:33.280 --> 08:39.840] Our capital markets are so deep in our, just, I'm not even going to do it to you guys, yada, [08:39.840 --> 08:40.840] yada, yada. [08:40.840 --> 08:44.240] There's all these reasons why we are different. [08:44.240 --> 08:45.880] It's different this time. [08:45.880 --> 08:47.200] That can't happen here. [08:47.200 --> 08:50.600] They'll never allow that to happen here. [08:50.600 --> 08:51.600] Right? [08:51.600 --> 08:58.800] Now, what if, just as a gamble, some individual out there said, I'm going to buy one ounce [08:58.800 --> 08:59.800] of gold. [08:59.800 --> 09:05.320] I have all the food and homes and cars and stuff I could ever ask for. [09:05.320 --> 09:11.000] You know, I'm an old person, and I'm just going to do this as a charity thing. [09:11.000 --> 09:18.000] Now, imagine if five years from now, or 10 years from now, the United States was putting [09:18.000 --> 09:23.000] out like a billion dollar bill, okay? [09:23.000 --> 09:32.240] What do you think an ounce of gold would be worth, priced in dollars, 100 billion, a trillion? [09:32.240 --> 09:40.040] How many mortgages could that enlightened soul buy off the banks from previously denominated [09:40.040 --> 09:44.040] debt for that one ounce of gold? [09:44.040 --> 09:46.000] Maybe you could bail out Detroit. [09:46.000 --> 09:50.840] See where I'm going with that? [09:50.840 --> 09:58.040] Why wouldn't an American citizen say, I have three ounces of gold, can I buy Zimbabwe? [09:58.040 --> 10:03.880] Because the political structure is so unstable that basically anybody from a foreign nation [10:03.880 --> 10:10.280] that were to show up there would probably be assassinated before they could get off [10:10.280 --> 10:11.280] the plane. [10:11.280 --> 10:14.960] So there's a realistic limit to how far some of this stuff can go. [10:14.960 --> 10:20.960] But to anybody who thinks hyperinflation can't happen today in a modern age, you need to [10:20.960 --> 10:23.440] put the crack pipe down. [10:23.440 --> 10:28.920] To anybody who believes it can't happen in America, look at the things that have gone [10:28.920 --> 10:34.560] on the last couple years in America and tell me it can't happen. [10:34.560 --> 10:39.000] The fact that nobody's really saying it will happen except for a handful of analysts out [10:39.000 --> 10:44.240] there makes me say, well, everybody's on the other side of the ship. [10:44.240 --> 10:47.480] I'd like to go with a few guys who are saying this will happen. [10:47.480 --> 10:54.920] Well, money will go back to its intrinsic value, and paper currency has zero value. [10:54.920 --> 10:57.760] It's a piece of paper. [10:57.760 --> 11:03.960] Whether it's a piece of newspaper, a piece of paper from a nice glossy magazine, a nice [11:03.960 --> 11:11.800] little coupon printed by the non-federal, no reserve, isn't actually a bank scam, what's [11:11.800 --> 11:12.800] the difference? [11:12.800 --> 11:18.160] Do you know how much physical labor goes into producing an ounce of gold? [11:18.160 --> 11:25.960] The amount of capital at risk of finding land, buying land, assaying the land, drilling the [11:25.960 --> 11:33.000] land, assaying the drilling and the tailings from the drilling, figuring out how much capital [11:33.000 --> 11:39.640] it would take to get the mining equipment, open the mine, produce the mine, pay the miners, [11:39.640 --> 11:47.880] get the raw material out, refine the raw material, smelt that down, pull the actual content out [11:47.880 --> 11:55.120] of it, turn that into a sheet, stamp the sheet, stamp the little blanks that come out of it [11:55.120 --> 12:01.880] to make a coin, put the coins in another item or vessel, and then ship it somewhere. [12:01.880 --> 12:04.280] Oh, come on. [12:04.280 --> 12:09.920] You're talking about a lot of human activity and skin in the game. [12:09.920 --> 12:13.880] What's it take for the Treasury to produce a dollar bill? [12:13.880 --> 12:16.200] Nothing. [12:16.200 --> 12:19.240] Most of our money isn't money. [12:19.240 --> 12:24.100] Not only do we have the insult of not having constitutional money, and nobody ever stands [12:24.100 --> 12:25.360] up for the fact. [12:25.360 --> 12:29.960] We have bills in the House and the Senate looking to audit the Fed, and they're being [12:29.960 --> 12:34.720] poo-pooed and watered down as we speak. [12:34.720 --> 12:35.720] How is it nobody cares? [12:35.720 --> 12:40.480] Deborah, if I went over to your purse right now and I pulled out a hundred bucks and you [12:40.480 --> 12:45.520] caught me, you'd probably start hitting me with an office chair. [12:45.520 --> 12:50.320] These people steal your entire life and your country right out from under you. [12:50.320 --> 12:54.680] Well, we're not going to talk about that. [12:54.680 --> 12:55.800] Don't protect yourself. [12:55.800 --> 12:56.800] Don't do a thing. [12:56.800 --> 12:57.800] Buy paper. [12:57.800 --> 13:02.040] Actually, buy all this stock and Walmart stock, you can get your hands on. [13:02.040 --> 13:09.080] There's strange times, but I still go back to, I can't even begin to say how grateful [13:09.080 --> 13:15.120] I am, and I know that there's people out there that will be offended, and I don't mean it [13:15.120 --> 13:20.680] to be offensive, but I'm tired of hiding my light under a bushel. [13:20.680 --> 13:29.920] I believe in God, and I believe somehow, some way, it was put on my heart to not only learn [13:29.920 --> 13:36.640] about these things and to see it, but to share it with anybody who's willing to listen. [13:36.640 --> 13:41.720] I'm very glad that I was able to get a vast amount of anything I've ever worked for in [13:41.720 --> 13:50.120] my life outside of paper, at least when I go to bed tonight, whenever we're finished [13:50.120 --> 13:52.360] with tonight's show. [13:52.360 --> 13:55.560] I don't have to worry about, will this bank go bust? [13:55.560 --> 13:57.960] FDIC is broke. [13:57.960 --> 14:05.800] Even after asking all the banks to pony up three years of premiums for deposit insurance [14:05.800 --> 14:12.280] in advance, they're still hideously undercapitalized. [14:12.280 --> 14:18.280] They do have a $500 billion line of credit, but let me get that straight. [14:18.280 --> 14:19.640] I have money in a bank. [14:19.640 --> 14:21.800] The bank's run by idiots. [14:21.800 --> 14:23.440] They never had anything. [14:23.440 --> 14:30.240] They leveraged everything up, and somehow, they went bankrupt, and they lost everything [14:30.240 --> 14:33.920] even though they never really had anything to lose. [14:33.920 --> 14:39.120] I can't really get my mind wrapped around how they could do that with a straight face, [14:39.120 --> 14:40.120] but anyway. [14:40.120 --> 14:46.960] They go to the Federal Deposit Insurance Corporation, and they say, bail us out. [14:46.960 --> 14:47.960] Take us over. [14:47.960 --> 14:48.960] Take all our stuff. [14:48.960 --> 14:50.800] Make everybody home. [14:50.800 --> 14:58.280] They did, and all the reserves from FDIC are gone, and the Treasury will backstop them [14:58.280 --> 15:01.120] to half a trillion dollars. [15:01.120 --> 15:04.200] I'm tired of hearing the word trillion. [15:04.200 --> 15:05.200] I really am. [15:05.200 --> 15:07.000] Where's that going to come from? [15:07.000 --> 15:09.280] Oh yeah, from you, Deb. [15:09.280 --> 15:10.280] From you, Eddie. [15:10.280 --> 15:12.760] From you, Randy. [15:12.760 --> 15:13.760] From all of us. [15:13.760 --> 15:19.880] So, I'm going to pay in taxes to refund a company that's paying back a banker who was [15:19.880 --> 15:26.600] too stupid to keep his numbers straight, who lost everything and lost my money. [15:26.600 --> 15:27.600] Aren't I paying myself? [15:27.600 --> 15:29.600] Why am I paying these people? [15:29.600 --> 15:32.200] How many jets do they fly around on? [15:32.200 --> 15:35.400] Does anybody see a problem with this? [15:35.400 --> 15:36.960] I did about ten years ago. [15:36.960 --> 15:39.520] That's why I don't get a dime out of me. [15:39.520 --> 15:42.800] It just doesn't make any sense, does it? [15:42.800 --> 15:44.280] No. [15:44.280 --> 15:46.280] Never has, really. [15:46.280 --> 15:52.360] Well, to me, it really comes down to, in one of the previous shows, I was asked, well, [15:52.360 --> 15:54.880] what do you do with all this gold? [15:54.880 --> 15:59.680] Just to make this very, very clear, I have no intention of taking my precious metals [15:59.680 --> 16:01.680] and turning it into a coupon. [16:01.680 --> 16:06.120] And people say, well, if you don't do that, how are you ever going to cash in? [16:06.120 --> 16:07.920] Oh, come on. [16:07.920 --> 16:08.920] What? [16:08.920 --> 16:09.920] Get outside. [16:09.920 --> 16:14.000] You cashed in when you got the metal in your hand. [16:14.000 --> 16:15.000] That's right. [16:15.000 --> 16:17.880] Give me a break. [16:17.880 --> 16:20.840] Very astute observation, Debra. [16:20.840 --> 16:26.080] Why would I want to take that and turn it back into a coupon that could be devalued [16:26.080 --> 16:33.320] or inflated or monetized at will by the stroke of a pen, a tap on a computer board, and I'm [16:33.320 --> 16:35.880] powerless to do anything about it? [16:35.880 --> 16:37.480] Why not just keep the metal? [16:37.480 --> 16:42.440] Let's say it's an ounce of gold, a gold one-ounce American Eagle. [16:42.440 --> 16:46.080] Well, on the backside of the thing, it says it's worth $50. [16:46.080 --> 16:47.840] I didn't put it there. [16:47.840 --> 16:49.840] The Treasury did. [16:49.840 --> 16:53.800] They call it $50. [16:53.800 --> 17:01.720] So if I was stupid enough to pay $4,000, $5,000, $8,000 for that coin, technically, according [17:01.720 --> 17:07.800] to the stamping by the leading government body of the day, it's only worth $50. [17:07.800 --> 17:12.520] Hey, Debra, you know that old jet ski you've got in the backyard? [17:12.520 --> 17:15.360] Could I buy that off you? [17:15.360 --> 17:16.360] What jet ski? [17:16.360 --> 17:17.360] Oh, I'm being facetious. [17:17.360 --> 17:18.360] Okay. [17:18.360 --> 17:19.360] Play with things. [17:19.360 --> 17:20.360] Okay, sure. [17:20.360 --> 17:21.360] Sure, Steve. [17:21.360 --> 17:22.360] Okay. [17:22.360 --> 17:23.360] You've had it for a while. [17:23.360 --> 17:30.680] If I gave you $1,000, would that be enough money? [17:30.680 --> 17:33.960] How about I give you one ounce of gold in trade? [17:33.960 --> 17:37.360] Would you give me the title? [17:37.360 --> 17:43.120] All you have to do is say yes, and I could trade you my ounce of gold for your jet ski. [17:43.120 --> 17:44.980] That would be much better. [17:44.980 --> 17:51.280] But you don't know what I paid for that ounce of gold, do you? [17:51.280 --> 17:55.080] Not necessarily, but I know that it's gold. [17:55.080 --> 17:56.560] Would it really matter to you what I paid for it? [17:56.560 --> 17:59.720] If the price of gold is right, we don't care what you paid for it. [17:59.720 --> 18:04.120] Well, even if it's falling. [18:04.120 --> 18:06.960] At least you know what it is. [18:06.960 --> 18:12.400] If you received that ounce of gold and somebody says, were you enumerated for your transaction? [18:12.400 --> 18:15.480] Well, yes, I was. [18:15.480 --> 18:20.760] Well, Mrs. Deborah, could you tell me exactly how much you were paid for that jet ski? [18:20.760 --> 18:21.760] Yeah, I sure can. [18:21.760 --> 18:26.080] Fifty bucks. [18:26.080 --> 18:33.320] Because until you, Deborah, then take that coin you took in trade and trade it back moronically [18:33.320 --> 18:39.800] for little green coupons, it's of indeterminable value. [18:39.800 --> 18:46.200] The only value you can determine for assuredness is the value that stamped upon the coin by [18:46.200 --> 18:52.080] the governing body of the day of the Treasury of the United States of America, and that's [18:52.080 --> 18:53.880] 50 bucks. [18:53.880 --> 18:56.600] And a guy in Arizona won that one. [18:56.600 --> 18:57.600] He sure did. [18:57.600 --> 19:03.560] Oh, and he caught hell for it, but he also got greedy, arrogant, and stupid. [19:03.560 --> 19:08.680] You can't pay your people in gold coins and turn right around and buy a bag off of them [19:08.680 --> 19:15.360] and say, you know, you paid them 50 bucks an ounce, come on. [19:15.360 --> 19:19.280] What he did was irrational and illegal. [19:19.280 --> 19:22.020] That's why he's in trouble. [19:22.020 --> 19:26.240] If he would have went just to the older people and said, hey, how would you like one of your [19:26.240 --> 19:31.240] paychecks to be an ounce of gold once a month? [19:31.240 --> 19:35.960] Some of the people that worked for him would have said, yeah, sure, okay. [19:35.960 --> 19:37.360] I don't live beyond my means. [19:37.360 --> 19:39.840] I don't go to Walmart at every chance I get. [19:39.840 --> 19:42.280] I actually have some stuff. [19:42.280 --> 19:48.960] I don't need every paycheck, and to take one of my paychecks in gold, you're on. [19:48.960 --> 19:51.480] You bet. [19:51.480 --> 19:58.320] John, we have a caller if you want to take a call, Steve. [19:58.320 --> 19:59.320] Sure. [19:59.320 --> 20:00.320] Okay. [20:00.320 --> 20:01.320] We've got John in Florida. [20:01.320 --> 20:05.360] Well, before John asks a question, he's got to be made aware. [20:05.360 --> 20:09.400] I do not have a license to give financial advice, so anything I say is just sharing [20:09.400 --> 20:15.080] an opinion for education and for entertainment purposes. [20:15.080 --> 20:16.080] Okay. [20:16.080 --> 20:19.480] All right, John, thank you for calling in. [20:19.480 --> 20:24.480] What is your question for our guest? [20:24.480 --> 20:26.000] John? [20:26.000 --> 20:28.040] Okay. [20:28.040 --> 20:31.080] We don't hear John. [20:31.080 --> 20:36.760] All right, John, maybe you can call back in. [20:36.760 --> 20:39.080] I think there's something wrong with the line. [20:39.080 --> 20:42.080] Okay, please continue, Steve. [20:42.080 --> 20:43.080] Okay. [20:43.080 --> 20:48.520] Well, I mean, the bottom line for any of these transactions is, folks, you need to use your [20:48.520 --> 20:49.520] head. [20:49.520 --> 20:54.880] If you're a criminal and you want to commit a criminal act via the rules that are on the [20:54.880 --> 21:00.400] rule books, nobody can stop you until you're caught. [21:00.400 --> 21:06.360] If you want to be greedy, it's not going to do well for you. [21:06.360 --> 21:12.040] If you're going to make financial moves because you genuinely and legitimately want to protect [21:12.040 --> 21:18.920] yourself and you want maybe something different in life, you don't have to do what everybody [21:18.920 --> 21:20.460] else does. [21:20.460 --> 21:26.160] You don't have to make every transaction in your life with Federal Reserve notes. [21:26.160 --> 21:27.160] You don't have to. [21:27.160 --> 21:30.720] If you choose to out of convenience, good for you. [21:30.720 --> 21:36.560] If you choose to just because you don't know anybody any better, that's just a choice. [21:36.560 --> 21:40.960] If you want to take a little extra time and go out of your way to try to make something [21:40.960 --> 21:46.080] a little different in the world, that's a choice, too, and it's not easy. [21:46.080 --> 21:50.360] But the options there, and there are plenty of people, especially right now, who are going [21:50.360 --> 21:56.400] to be willing to do it, and the crazier things get in the United States, the more confidence [21:56.400 --> 21:59.880] it's lost. [21:59.880 --> 22:07.400] I did mention at least two or three times tonight, in the year 2010, our government [22:07.400 --> 22:16.560] has to roll over, has to roll over $2 trillion coming due in short-term securities. [22:16.560 --> 22:23.280] On top of that, you have to finance a minimum projected $1.5 trillion deficit. [22:23.280 --> 22:27.120] Well, that's $3.5 trillion. [22:27.120 --> 22:33.400] Word has it that we're about to be looking at another stimulus bailout scam plan. [22:33.400 --> 22:36.320] I would imagine that'll be starting at $1 trillion. [22:36.320 --> 22:41.560] Wouldn't that be $4.5 trillion? [22:41.560 --> 22:43.520] Where is that going to come from? [22:43.520 --> 22:45.880] I'll tell you where it's going to come from. [22:45.880 --> 22:48.640] Direct debt monetization. [22:48.640 --> 22:53.080] That means the printing press. [22:53.080 --> 22:57.840] How long it takes for the American public in the world to wake up, I don't know. [22:57.840 --> 22:59.960] Look how long we've gone. [22:59.960 --> 23:04.760] Where does the international community say, you guys are whack, I'm not even talking to [23:04.760 --> 23:06.120] you anymore? [23:06.120 --> 23:08.120] I don't know. [23:08.120 --> 23:12.720] All I do know is when I go to bed tonight, I don't want to worry about it. [23:12.720 --> 23:16.600] When I wake up in the morning and I see one of my daughters, I don't want to worry about [23:16.600 --> 23:21.320] that. [23:21.320 --> 23:24.200] It doesn't mean I'm right and it doesn't mean I'm wrong. [23:24.200 --> 23:28.680] It's just one man's way of going about the world, that's it. [23:28.680 --> 23:34.480] I don't recommend this for everybody because frankly, I don't know anything about you. [23:34.480 --> 23:36.160] Even you, Debra. [23:36.160 --> 23:39.760] I don't know if these things would be right for you, only you do. [23:39.760 --> 23:44.520] You have to be a big girl and make that choice for yourself and not be looking at a license [23:44.520 --> 23:53.120] from a licensed retirement planner or account representative or somebody else accredited [23:53.120 --> 24:00.800] to give you advice or to me or anybody else for you making the wrong choice. [24:00.800 --> 24:07.280] That's all any of us have, is the choice that you make. [24:07.280 --> 24:10.080] Since we don't seem to have any callers, that's kind of a drag. [24:10.080 --> 24:18.840] I was hoping to talk to some folks, but do you guys have anything else you want to ask? [24:18.840 --> 24:19.840] I don't know. [24:19.840 --> 24:24.200] I'm getting my questions answered just by listening to you. [24:24.200 --> 24:29.840] Don't get too discouraged if people don't ask a lot of questions or if we don't get [24:29.840 --> 24:34.200] a lot of calls because a lot of times it's because they're just so mesmerized and they [24:34.200 --> 24:37.200] just want to hear what you have to say. [24:37.200 --> 24:41.520] Sometimes people don't have questions, you know, they're gaining so much information [24:41.520 --> 24:42.520] right now. [24:42.520 --> 24:44.720] Sometimes it takes a while to formulate questions. [24:44.720 --> 24:47.440] I guarantee it won't make fun of anybody. [24:47.440 --> 24:50.400] They'll feel goofy for calling. [24:50.400 --> 24:55.960] We should probably have you on a more regular basis if you can so that way people will be [24:55.960 --> 25:01.240] able to learn more and they'll start asking more questions as time goes on. [25:01.240 --> 25:02.540] That's what I was about to say. [25:02.540 --> 25:04.480] This is so much information. [25:04.480 --> 25:05.920] I need time to digest it. [25:05.920 --> 25:09.800] Yeah, and it's so high level. [25:09.800 --> 25:14.440] This is kind of like what happened sort of at the beginning of our show when Randy and [25:14.440 --> 25:18.800] I first started doing the show about almost three years ago. [25:18.800 --> 25:26.480] We didn't get a whole lot of callers and people asking questions right at first because what [25:26.480 --> 25:33.120] we were presenting to them was just so new as far as nothing like they had ever heard [25:33.120 --> 25:40.120] before and so they needed time to study our materials and digest it and then as time went [25:40.120 --> 25:45.400] on after a few months then they started calling in and asking questions because they were [25:45.400 --> 25:49.600] getting up to speed and understanding more about what we were saying but they kind of [25:49.600 --> 25:55.160] had to study for a little while first so to speak and just listen and receive the information. [25:55.160 --> 26:03.440] So don't get discouraged because these are very important topics and people are really [26:03.440 --> 26:04.440] on board. [26:04.440 --> 26:10.880] Our whole listening audience, believe me, is already down with the commodities thing. [26:10.880 --> 26:12.800] I know there's a lot of new listeners too. [26:12.800 --> 26:18.120] We're going out on FM and AM stations around the country so I do hope that we got new people [26:18.120 --> 26:23.360] but for the most part the people are awake and so they want to hear this stuff, believe [26:23.360 --> 26:24.360] me. [26:24.360 --> 26:29.040] Well, you said you were going to have this in the archive, right? [26:29.040 --> 26:31.040] Absolutely. [26:31.040 --> 26:36.840] I would ask anybody if this is something that folks genuinely want here because I know it's [26:36.840 --> 26:42.080] really kind of off topic compared to what you guys normally talk about and I get a lot [26:42.080 --> 26:49.960] of people who, to my face, will say, you know, I appreciate you, I like hearing about this [26:49.960 --> 26:54.720] stuff but in reality they don't, maybe they're just being nice. [26:54.720 --> 26:59.480] If this is something that people want to hear, leave a comment in the archives somewhere [26:59.480 --> 27:04.520] so I can get some kind of gauge of is this worth doing on a regular basis or just pop [27:04.520 --> 27:08.720] in every once in a while or even that far? [27:08.720 --> 27:10.720] Absolutely. [27:10.720 --> 27:18.440] And send us an email, me and Randy too, also and let us know what you think. [27:18.440 --> 27:24.440] Well, it's not so much the time on my behalf because this is just something I'm used to [27:24.440 --> 27:25.440] doing. [27:25.440 --> 27:29.720] I'm used to talking about things that are uncomfortable for people. [27:29.720 --> 27:34.000] More than anything, I don't want to hijack an entire Friday evening or whatever it would [27:34.000 --> 27:35.000] be. [27:35.000 --> 27:36.000] What are you talking about? [27:36.000 --> 27:37.000] We love it. [27:37.000 --> 27:39.520] Yeah, that's why we wanted to have you on the whole time. [27:39.520 --> 27:43.080] Now this is great. [27:43.080 --> 27:48.480] We actually want to have a show on the network where these kinds of financial matters are [27:48.480 --> 27:54.520] discussed as a whole show and we don't have that right now and so we want to have you [27:54.520 --> 27:57.320] on on a regular basis on our show at least. [27:57.320 --> 28:01.280] I mean maybe someday you may have time to do your own show here. [28:01.280 --> 28:06.160] That would be really awesome but I know you're really slammed right now with everything that's [28:06.160 --> 28:09.160] going on. [28:09.160 --> 28:13.680] So I mean we at least want to have you on a regular basis so that we can have a show [28:13.680 --> 28:16.920] on the network at least periodically on economics. [28:16.920 --> 28:19.440] This is good stuff. [28:19.440 --> 28:20.440] Okay. [28:20.440 --> 28:23.760] Well, anybody on the call board? [28:23.760 --> 28:24.920] No, no. [28:24.920 --> 28:30.200] We just have a listener because the listener line switched to something else but maybe [28:30.200 --> 28:40.800] let me ask you something else about other types of commodities investing that you know [28:40.800 --> 28:46.800] of, Steve, other than metals. [28:46.800 --> 28:54.120] Do you know of other types of investing that people can do and other types of commodities [28:54.120 --> 28:55.720] that you are familiar with? [28:55.720 --> 29:06.040] Well, all the commodities really break down to the basic raw material needs of human existence. [29:06.040 --> 29:09.800] Nobody has to go buy a bond. [29:09.800 --> 29:13.880] Nobody has to go buy a share of stock. [29:13.880 --> 29:20.160] Somebody had damn well better finance somebody to grow some corn and that's one of the things [29:20.160 --> 29:27.280] that got me into commodities a long time ago was it's a mandatory market. [29:27.280 --> 29:29.920] I don't care what the conditions are. [29:29.920 --> 29:35.640] I don't care what the economic situation is or what your personal opinion is. [29:35.640 --> 29:39.400] And we also just two callers just appeared on the board too right after I said we didn't [29:39.400 --> 29:40.400] have any calls. [29:40.400 --> 29:41.400] Oh cool. [29:41.400 --> 29:47.800] I do have a question about lead and I'm not talking about making bullets out of it but [29:47.800 --> 29:54.200] I understand China is buying every ounce of lead they can get their hands on. [29:54.200 --> 29:55.600] That's how they can make bullets. [29:55.600 --> 29:56.600] Randy? [29:56.600 --> 30:01.160] Maybe but I think it's so they can make the electronics that they stole from us. [30:01.160 --> 30:06.200] No, they don't need the lead necessarily to do it. [30:06.200 --> 30:16.640] Folks, China will eventually be a major player in World War III and they know it and they [30:16.640 --> 30:22.200] know when it's over they will win under current situation. [30:22.200 --> 30:23.960] There's too many of them. [30:23.960 --> 30:30.960] We don't have that many nukes folks and even if technology on the Chinese side never advanced [30:30.960 --> 30:39.400] at all which you can believe it has and especially considering some of the most advanced assembly [30:39.400 --> 30:47.840] line machinery, milling machinery, computer assisted machinery on earth is American owned [30:47.840 --> 30:50.040] residing in China. [30:50.040 --> 30:56.240] If they ever decide to, how long do you think it will really take them to shut down everything, [30:56.240 --> 31:03.440] kick all the round eyes out and use their own machines to build the weapons of our own [31:03.440 --> 31:06.480] destruction? [31:06.480 --> 31:12.440] I probably lose more sleep over that question than all the others that have come up tonight [31:12.440 --> 31:17.460] combined and lead. [31:17.460 --> 31:23.440] When we were in the big sell-off back in the early part of the year of 2009, one of my [31:23.440 --> 31:30.800] friends and I, I'm into renewable energy, I get into solar stuff and I know a bunch [31:30.800 --> 31:36.840] of people that have renewable energy systems and they had some old battery banks and I [31:36.840 --> 31:43.840] agreed to take and remove and disconnect their old batteries and hook up their new batteries [31:43.840 --> 31:48.000] if they would just give me the old batteries for their scrap value. [31:48.000 --> 31:54.880] One of my neighbors helped me do this because it's hard to pick up 16, 150 pound batteries [31:54.880 --> 31:55.880] by yourself. [31:55.880 --> 32:03.400] If the first one or two are okay after that, it's rough, okay? [32:03.400 --> 32:10.120] I was sitting on literally multiple tons of lead and my neighbor said, why don't we just [32:10.120 --> 32:12.480] go scrap this stuff out and sell it? [32:12.480 --> 32:16.840] Well, at the time they were only paying about 10 cents a pound. [32:16.840 --> 32:21.680] Right now the number is north of 30. [32:21.680 --> 32:26.920] I think it's going to go substantially higher, so I have not yet released the lead that I [32:26.920 --> 32:27.920] have. [32:27.920 --> 32:36.240] It's in the warehouse right along with the other tangible stuff and before I get off [32:36.240 --> 32:39.080] on that topic, if some people showed up for questions, it's already... [32:39.080 --> 32:43.240] Yes, the call board is flooded with calls now, all of a sudden. [32:43.240 --> 32:44.240] Cool, let's go. [32:44.240 --> 32:47.160] Okay, all right, we're going to go to Bill in Wisconsin. [32:47.160 --> 32:51.240] Keep them short so we can get them home. [32:51.240 --> 32:53.080] Bill, are you there? [32:53.080 --> 32:55.080] Yes, I am. [32:55.080 --> 32:58.680] Okay, what is your question for our guests? [32:58.680 --> 33:02.600] If you want to go past one o'clock, Steve, that's fine since we have all these callers [33:02.600 --> 33:03.600] now. [33:03.600 --> 33:04.600] Okay, let's see how it goes. [33:04.600 --> 33:05.600] Okay, Bill, go ahead. [33:05.600 --> 33:13.360] Okay, Steve, I didn't tune in until about 10 o'clock, maybe you covered this one issue. [33:13.360 --> 33:18.760] You were talking about, say every family in the US went out and bought some silver. [33:18.760 --> 33:26.280] If I recall right, I believe that China has encouraged all of their citizens to buy gold [33:26.280 --> 33:29.480] and silver and they're making it available in the banks and they're encouraging them [33:29.480 --> 33:30.480] to do this. [33:30.480 --> 33:35.760] Isn't that ironic considering, Bill, that they're a communist country and they don't [33:35.760 --> 33:38.760] have the freedoms that we do? [33:38.760 --> 33:39.760] Yeah. [33:39.760 --> 33:49.720] But I thought they were encouraging their people to go ahead and buy gold and silver. [33:49.720 --> 33:55.600] Right, and since they began that process, both of the metals are up at least 25%. [33:55.600 --> 33:56.600] Okay. [33:56.600 --> 33:57.600] Okay. [33:57.600 --> 34:00.920] So there is a pent up demand there. [34:00.920 --> 34:04.760] Oh yeah, big time. [34:04.760 --> 34:11.760] I believe I picked that up and I want to thank you for a tip on Jim Sinclair's Mindset, previous [34:11.760 --> 34:13.920] program you had mentioned that. [34:13.920 --> 34:18.720] I religiously follow that every day and the advice is uncalculable. [34:18.720 --> 34:24.000] He couldn't pay for it enough to get that kind of advice that he puts out there. [34:24.000 --> 34:28.640] Well, since you brought him up, thank you, Bill, because I'll tell you something. [34:28.640 --> 34:37.880] Jim Sinclair, in my book, is what I would have to say the template of an American hero. [34:37.880 --> 34:43.160] Here is a man who could command whatever he asked to run any company that he was dictated [34:43.160 --> 34:45.280] to. [34:45.280 --> 34:53.480] He spends unbelievable amounts of his time and energy trying to help we, the little people. [34:53.480 --> 34:59.240] And Jim could probably buy every single one of our listeners right now completely just [34:59.240 --> 35:01.720] out of his own pocket. [35:01.720 --> 35:07.360] He's an extremely successful man and what he and Jim and a handful of other people on [35:07.360 --> 35:08.360] J.S. [35:08.360 --> 35:14.920] Mindset have done is to provide us all with nothing less than a treasure trove of information, [35:14.920 --> 35:16.520] experience and wisdom. [35:16.520 --> 35:19.240] So Bill, thanks a lot for even mentioning that. [35:19.240 --> 35:23.000] I'm really glad that you listened to the other show and that you actually hung on this long. [35:23.000 --> 35:25.080] It's encouraging for me, too. [35:25.080 --> 35:31.760] Okay, thank you, and I've made some small amount of investments in just the amount of [35:31.760 --> 35:32.760] six months. [35:32.760 --> 35:38.000] I calculated out the other day, I got a 26% return in six months' time. [35:38.000 --> 35:39.480] Yeah, good job, brother. [35:39.480 --> 35:40.480] It's worth it. [35:40.480 --> 35:41.480] Ready? [35:41.480 --> 35:45.240] You've got $10 worth of silver or $1,000, don't make any difference, percentages there. [35:45.240 --> 35:46.840] Well, you know what? [35:46.840 --> 35:50.960] And no matter who you are, you've got to start somewhere. [35:50.960 --> 35:57.320] Nobody just walks into a pallet full of silver, it has to start somewhere, and it sounds like [35:57.320 --> 35:59.560] you're already well underway. [35:59.560 --> 36:04.240] I'm just continuing to follow exactly what you're saying there. [36:04.240 --> 36:07.840] Take a little bit, let's not buy that hamburger or something, let's go out and buy a little [36:07.840 --> 36:08.840] bit more silver. [36:08.840 --> 36:09.840] It's paying off. [36:09.840 --> 36:10.840] But you didn't do it on me. [36:10.840 --> 36:16.440] Okay, I'm going to get off the line, let some other callers get in now, but thanks for sharing [36:16.440 --> 36:18.640] your advice with all of us. [36:18.640 --> 36:21.120] All right, thank you, Bill. [36:21.120 --> 36:22.120] Thank you. [36:22.120 --> 36:23.120] Okay. [36:23.120 --> 36:27.400] Okay, we're going to go now to Joe in Illinois. [36:27.400 --> 36:30.240] Thanks for calling, Joe. [36:30.240 --> 36:32.760] What is your question for our guest, Steve? [36:32.760 --> 36:33.760] Yes. [36:33.760 --> 36:34.760] Hi. [36:34.760 --> 36:40.320] My question is, he was speaking with the gold price and then having the investing in the [36:40.320 --> 36:51.480] gold later on, being able maybe to turn that around and use it as a purchasing tool due [36:51.480 --> 37:01.760] to the value there with the gold, not losing value in gold, but again, the gold doesn't [37:01.760 --> 37:07.960] really... I don't think the gold so much gains value as much as the dollar loses the [37:07.960 --> 37:08.960] value. [37:08.960 --> 37:16.680] With that, doesn't the commodity of the land yet... I mean, granted, they put the land [37:16.680 --> 37:23.800] prices with the bubbling of that up to such high rates, it is overvalued, but is gold [37:23.800 --> 37:30.480] going to be able to just announce the gold by X amount of land because you've really [37:30.480 --> 37:35.960] only lost the value through the coupons, as you say? [37:35.960 --> 37:43.560] Well, first of all, I really like the state you live in, so... Hey, neighbor. [37:43.560 --> 37:44.560] Hi. [37:44.560 --> 37:45.560] Okay. [37:45.560 --> 37:50.240] When we start talking about some of these issues, we could get really esoteric or we [37:50.240 --> 37:57.760] could get really focused on nuances of how we want to look at something. [37:57.760 --> 38:02.800] If it's gold versus real estate, if I don't like my neighborhood, I could put my gold [38:02.800 --> 38:07.400] coins in my pocket, get in my car, and drive away. [38:07.400 --> 38:13.900] If I put all my assets into a piece of real estate, the county in which I reside really [38:13.900 --> 38:19.680] has the biggest gun of all pointed right at my head because if I choose to keep the property, [38:19.680 --> 38:23.480] I have to pay the real estate taxes. [38:23.480 --> 38:30.480] If I don't, even if I had a million dollar home on a beautiful lakefront piece of property [38:30.480 --> 38:37.600] all paid in full debt-free, all I have to do is miss the property taxes, and the county [38:37.600 --> 38:43.400] could come in and steal my property, sell it off for pennies. [38:43.400 --> 38:48.580] You even say in that too, and I agree with you as opposed to held in the green coupons, [38:48.580 --> 38:54.160] you're getting tangible assets, and I feel like that some of those tangible assets though [38:54.160 --> 39:01.760] still do hold a greater value, maybe not so much even using the property as the one speaking [39:01.760 --> 39:07.400] point, but if you have, like I said, a nice machining shop, all the machine shop tools [39:07.400 --> 39:09.800] in there, those have a really good value. [39:09.800 --> 39:17.960] I'm sure some things do lose value over time, but there is value within them, I guess is [39:17.960 --> 39:18.960] my thought. [39:18.960 --> 39:22.400] Well, I couldn't agree more, and I'll prove it to you. [39:22.400 --> 39:28.560] Over the last nine months, actually the last year, Joe, I've been going to auctions where [39:28.560 --> 39:34.880] over leverage companies that are no longer feasible were liquidated, and I've been buying [39:34.880 --> 39:46.400] tangible machine tools, custom tools, physical supplies, hardware, excuse me, I'm sorry, [39:46.400 --> 39:49.440] you name it, I've been buying this stuff. [39:49.440 --> 39:56.640] In a lot of it, I've been getting for, let's just say 15 cents on the dollar. [39:56.640 --> 40:02.040] I'm really comfortable with having it because I can go literally drive over to the warehouse [40:02.040 --> 40:05.400] and go put my hands on it tonight. [40:05.400 --> 40:11.360] It has nothing to do with the banking system, it has nothing to do with the solvency of [40:11.360 --> 40:14.440] another company, I just own this stuff. [40:14.440 --> 40:19.120] If an American can't buy this stuff, I'll stuff a shipping container full of it at extremely [40:19.120 --> 40:23.560] low overseas shipping container rates, and I'll send it to Hong Kong where they actually [40:23.560 --> 40:24.560] have dollars. [40:24.560 --> 40:32.480] Well, it's a reevaluation of the pricing, I think, on goods being valued at these green [40:32.480 --> 40:38.840] coupons that are being printed, like you say, at a rate we would just spin our heads around [40:38.840 --> 40:43.560] so many times we wouldn't even be able to see straight, and it's not so much I think [40:43.560 --> 40:46.920] our gold's going up as that the dollars are going down. [40:46.920 --> 40:53.880] There was a clip the other night with Ron Paul speaking to Kudlow and his Goldilocks [40:53.880 --> 40:59.040] scenario, and he was arguing with another gentleman about the gold prices and that, [40:59.040 --> 41:04.280] and Ron even made mention that it's not our gold going up, it's our dollar going down, [41:04.280 --> 41:05.280] and it's sinking. [41:05.280 --> 41:11.200] Well, yes, that's because there's a difference between purchasing power and value of something, [41:11.200 --> 41:16.920] and gold has real value, and these coupons just have a purchasing power, their value [41:16.920 --> 41:20.320] is, like she says, two cents. [41:20.320 --> 41:24.080] And our society's been based off of those green coupons. [41:24.080 --> 41:32.480] And basically gold, the value of gold basically does not change, it's mostly a constant. [41:32.480 --> 41:43.440] If you look at one ounce of gold in the past, the ages would buy a nice tunic and a nice [41:43.440 --> 41:50.760] pair of leather sandals and a leather belt for a well-dressed individual thousands of [41:50.760 --> 41:53.080] years ago, 2,000 years ago. [41:53.080 --> 42:00.880] And now today an ounce of gold will buy a good suit, a good pair of nice shoes and leather [42:00.880 --> 42:04.520] belts, I mean it's like, same thing. [42:04.520 --> 42:12.280] So that shows that the value of gold doesn't really change, it's a constant. [42:12.280 --> 42:15.900] You know what's the biggest scam with that, Deborah? [42:15.900 --> 42:19.880] You know what it really proves, and I've never really heard anybody bring this up, but you [42:19.880 --> 42:23.260] just inspired me to think that. [42:23.260 --> 42:28.080] Nobody ever talks about, what about all the lawyers and the bankers and the congressmen [42:28.080 --> 42:32.560] and all the other little critters running around sucking all the little crumbs off the [42:32.560 --> 42:41.000] table with all their pomp and circumstance and much ado about nothing. [42:41.000 --> 42:46.240] The values are still the same throughout history if you're pricing gold. [42:46.240 --> 42:51.680] Now Joe made a really good point of it, and Ron Paul did as well, and he's commenting [42:51.680 --> 42:57.080] on Ron Paul's comment of, it's not the value of gold going up, it's the dollar going down. [42:57.080 --> 43:04.240] I disagree with that, not completely, but partially. [43:04.240 --> 43:07.240] What we have here is two things. [43:07.240 --> 43:13.960] The internal fluctuations, think of a sine wave, a wave that travels between two horizontal [43:13.960 --> 43:18.840] parallel lines, and it goes up and touches the upper line and goes down and touches the [43:18.840 --> 43:24.520] lower line and then repeats in the exact same fashion, up and down and up and down and up [43:24.520 --> 43:27.720] and down, that's a sine wave. [43:27.720 --> 43:33.840] When we have a low in the sine wave for the value of gold, it's because people are disgusted [43:33.840 --> 43:34.840] by it. [43:34.840 --> 43:35.840] They don't believe in it. [43:35.840 --> 43:39.440] It doesn't work like it did just a few years ago. [43:39.440 --> 43:51.000] In 1999, no, I'm saying correct, in the year 2000, I was buying gold at $260 an ounce. [43:51.000 --> 43:54.680] Right now, it's $1,200. [43:54.680 --> 44:01.680] That's not a bad return, but I didn't buy all of my gold at that price, obviously. [44:01.680 --> 44:07.080] What we really have here is a paradigm shift. [44:07.080 --> 44:13.920] Our last caller, Bill, who gave the credit to Jim Sinclair, you talk about a wealth of [44:13.920 --> 44:16.520] resource and educational material. [44:16.520 --> 44:23.800] Go to his website and you could type in almost anything you want related to gold or silver [44:23.800 --> 44:28.720] into his search engine, and he's been doing this for years. [44:28.720 --> 44:32.960] I believe a little more along the lines of Jim Sinclair. [44:32.960 --> 44:39.760] What we really have here is a paradigm shift from the world's largest economy, world's [44:39.760 --> 44:46.040] most powerful nation, who's lost control. [44:46.040 --> 44:51.840] We have a paradigm shift of loss of confidence in the world reserve currency. [44:51.840 --> 44:54.520] Folks, we've never had this before. [44:54.520 --> 45:00.400] The closest thing you could put to a world reserve currency was the Roman Empire. [45:00.400 --> 45:02.280] Look what happened to that. [45:02.280 --> 45:08.040] When Rome fell apart and the ensuing wars and chaos took over, we went into the dark [45:08.040 --> 45:09.040] ages. [45:09.040 --> 45:18.920] It wasn't until usury was abolished that the Renaissance could even happen. [45:18.920 --> 45:22.280] There's kind of like a tightrope to be walked here. [45:22.280 --> 45:30.160] I'm not condoning or applying anything that Joe is saying with Ron Paul's comment, because [45:30.160 --> 45:33.920] it's partially true and partially false. [45:33.920 --> 45:37.680] Mostly false only because it's not the whole story. [45:37.680 --> 45:41.680] Not that Ron is lying or the caller's lying. [45:41.680 --> 45:44.120] It's just there's more to it than that. [45:44.120 --> 45:49.200] We're in a completely different cycle right now than we have ever been since our nation [45:49.200 --> 45:50.800] was founded. [45:50.800 --> 45:53.080] We've never been this adrift. [45:53.080 --> 45:56.000] We've never been this lost. [45:56.000 --> 46:01.000] Our country, as you say earlier this evening, is being sold out by our politicians for a [46:01.000 --> 46:08.280] global world change, is what we're seeing here for the United States worker to be brought [46:08.280 --> 46:15.120] down to the rest of the world level of income for his labor. [46:15.120 --> 46:20.080] You talk about the coal being a tool of labor or value of labor. [46:20.080 --> 46:24.200] That's where we're finding the dollar's being brought down to show that when you work for [46:24.200 --> 46:27.120] your labor for dollars, you ain't going to get much. [46:27.120 --> 46:28.120] That's right. [46:28.120 --> 46:33.280] Joe, if you go back in the archives to anything else I've done on this show, if you talk to [46:33.280 --> 46:38.760] anybody else I know, you'll quickly come to the realization that everything I'm doing [46:38.760 --> 46:45.920] like tonight isn't really about trying to just say, hey, learn on your own and do some [46:45.920 --> 46:46.920] stuff. [46:46.920 --> 46:48.480] It really comes down to this. [46:48.480 --> 46:52.720] I want you, Joe, to think outside the box. [46:52.720 --> 46:57.960] I want you to do whatever you can to make money for you. [46:57.960 --> 46:59.880] You're the one who went out to work today. [46:59.880 --> 47:00.880] Did you work today? [47:00.880 --> 47:01.880] Oh, yeah. [47:01.880 --> 47:02.880] Okay. [47:02.880 --> 47:11.480] You did something for all of humanity, and you deserve to be compensated for it. [47:11.480 --> 47:17.120] All I'm asking from anybody is to make sure that Joe put in a hard day's work and he gets [47:17.120 --> 47:26.400] to keep a hard day's pay, and he gets a hard day's restitution for what he did. [47:26.400 --> 47:33.840] When he goes to a store or the local farmer or whomever and says, hey, I need this from [47:33.840 --> 47:39.440] you, that somebody's going to give Joe a fair shake, and somebody's going to be willing [47:39.440 --> 47:47.040] to give a day's work for a day's work, and until you can find a medium that truly balances [47:47.040 --> 47:53.000] that off between you, Joe, and the person you want to transact business with, until [47:53.000 --> 47:59.320] you can cut out the middlemen and the sleazeballs and the lawyers, not that all lawyers are [47:59.320 --> 48:06.160] bad, some of them are all right, and you cut out the sleazeballs and you cut out the perfumed [48:06.160 --> 48:15.960] princes and princesses, Joe, you deserve to get what you worked for today, all of it. [48:15.960 --> 48:20.440] As to the lawyers, I agree with you, some of them are all right. [48:20.440 --> 48:23.360] Some have passed away. [48:23.360 --> 48:24.360] You know what? [48:24.360 --> 48:25.360] Oh, hardy har har. [48:25.360 --> 48:28.440] Yeah, those are the best ones. [48:28.440 --> 48:35.480] Well, and some really good ones have given up their bar card, you know, like Dr. Frederick [48:35.480 --> 48:38.640] Graves, a jurisdictionary, you know, he's got a lot of integrity. [48:38.640 --> 48:40.280] That's right, that's right. [48:40.280 --> 48:42.640] I owe Harmon Taylor an apology. [48:42.640 --> 48:47.200] And Harmon Taylor, Harmon Taylor, man, Harmon Taylor is a hero. [48:47.200 --> 48:53.400] Harmon Taylor filed injunctions in federal court, trying to stop the execution of Timothy [48:53.400 --> 48:59.520] McVeigh, and he was arguing in federal court that Oklahoma City bombing was an inside job. [48:59.520 --> 49:04.360] Now that guy's got a lot of cointas, you know? [49:04.360 --> 49:07.320] He gave up his bar card. [49:07.320 --> 49:10.120] He gave up his bar card after that, yeah. [49:10.120 --> 49:14.320] Well, think of all the attorneys out there right now representing people who have been [49:14.320 --> 49:20.960] completely lied to by their mortgage companies, who took their mortgage bond, sold it three [49:20.960 --> 49:24.640] or four or seven times over. [49:24.640 --> 49:31.240] It has no proof or ownership of being a holder in due course, has no hope whatsoever of proving [49:31.240 --> 49:36.800] that they actually have the right to collect on the mortgage obligation you allegedly have. [49:36.800 --> 49:40.960] And there's attorneys out there putting such good briefing and paperwork together that [49:40.960 --> 49:45.520] they're making the judges ready to get sick on their bench. [49:45.520 --> 49:52.080] And these judges are ruling in favor of these alleged debtors because the banks are so backwards, [49:52.080 --> 49:59.760] so disorganized and so completely fraudulent that they get nothing in return. [49:59.760 --> 50:01.200] That's what made me safe. [50:01.200 --> 50:03.200] There's some good lawyers out there. [50:03.200 --> 50:05.600] Yes, indeed. [50:05.600 --> 50:07.400] Do you have any other questions for us? [50:07.400 --> 50:13.400] Just a quick comment, thank you for another great show and it's been a really pleasurable [50:13.400 --> 50:17.960] evening listening to you and a quick statement that if we could all just chip in a little [50:17.960 --> 50:21.000] bit something to the show to keep going. [50:21.000 --> 50:22.560] We all need to do that. [50:22.560 --> 50:27.960] That would be very much appreciated right now because we're on a fundraising drive [50:27.960 --> 50:36.080] for 90.1 for legal costs to fight the FCC because the FCC is trying to go after the [50:36.080 --> 50:42.960] radio station for not being licensed when it's our research and our stance that we don't [50:42.960 --> 50:43.960] need to be licensed. [50:43.960 --> 50:53.580] I mean, when I say we, I'm talking about the radio station itself here in Austin. [50:53.580 --> 51:01.200] We filed as co-plaintiffs alongside the station operators because we have standing as hosts [51:01.200 --> 51:05.520] because our show would be affected, it would be off the air, so that's why I'm saying [51:05.520 --> 51:10.560] we there, we are arguing in the case that the station doesn't need a license. [51:10.560 --> 51:15.320] We actually filed as plaintiffs against them and are arguing jurisdiction, challenging [51:15.320 --> 51:20.240] the jurisdiction and such and the point I'm trying to make here is that people are sending [51:20.240 --> 51:27.760] a lot of donations in for 90.1 but because of that, the donations for rule of law radio [51:27.760 --> 51:39.440] network have pretty much dried up and yeah, I mean, I am the owner and producer of rule [51:39.440 --> 51:45.400] of law radio network and I still have to maintain the infrastructure costs and all of that and [51:45.400 --> 51:47.560] all the money that comes in for 90.1. [51:47.560 --> 51:54.680] I can't use any of that for rule of law radio network, you see, and so the network still [51:54.680 --> 52:00.520] needs help people, so please help still continue to support the network just because 90.1 is [52:00.520 --> 52:01.520] in need. [52:01.520 --> 52:06.320] And there's nowhere else we can get this many straight hours of great entertainment for [52:06.320 --> 52:10.880] our pleasure at such a cheap value. [52:10.880 --> 52:15.480] I think we need to really support it because we're going to lose something so great as [52:15.480 --> 52:21.000] this that it will keep people glued to their seat for four hours and then go into overdrive [52:21.000 --> 52:24.240] and stay up and listen to this because this is just great. [52:24.240 --> 52:26.120] Oh yeah, and think about it this way. [52:26.120 --> 52:29.880] This is probably one of the few places where the entertainment has a practical application [52:29.880 --> 52:30.880] later on. [52:30.880 --> 52:31.880] Absolutely. [52:31.880 --> 52:32.880] Joe, you're on. [52:32.880 --> 52:33.880] Have a good night all. [52:33.880 --> 52:34.880] Thank you. [52:34.880 --> 52:35.880] Thank you, Joe. [52:35.880 --> 52:44.040] Hey Deborah, before you take the next call, I'll put out on the table, you know, it's [52:44.040 --> 52:45.200] a pleasure doing it. [52:45.200 --> 52:47.920] You know it is for me. [52:47.920 --> 52:50.840] I've got five hours of donation right now. [52:50.840 --> 52:52.560] You sure do. [52:52.560 --> 52:57.480] If nobody else is willing to help you, why should I return? [52:57.480 --> 53:03.640] Nothing against you, but more of a statement of if one hand can't wash the other, you have [53:03.640 --> 53:05.520] a dirty hand. [53:05.520 --> 53:06.840] Sure. [53:06.840 --> 53:10.520] And people have been helping, Steve. [53:10.520 --> 53:16.400] Believe me that our listeners have been supporting us a great deal over the last several months. [53:16.400 --> 53:21.600] I mean, since the last time we've spoke, since the last time you've been on the show, our [53:21.600 --> 53:25.640] listeners have really stepped forward and supported the network. [53:25.640 --> 53:31.800] And so we want to thank them for that really because it shows that they value what we're [53:31.800 --> 53:37.500] doing and that they want to keep it going because there are costs involved and I am [53:37.500 --> 53:39.760] not working my day job anymore. [53:39.760 --> 53:47.040] I am doing this full time now, you know, and Jerry is a wonderful husband and he takes [53:47.040 --> 53:48.220] care of me. [53:48.220 --> 53:51.040] He takes care of both of us very well. [53:51.040 --> 53:52.920] I mean, we have a modest income. [53:52.920 --> 53:54.960] We're not well off by any means. [53:54.960 --> 54:01.240] I'm just saying as the head of the household, he supports his family and I appreciate him [54:01.240 --> 54:02.400] for that. [54:02.400 --> 54:07.800] But there are costs of infrastructure of running the network, you know. [54:07.800 --> 54:12.760] There's things that need to be paid for and so, you know, we do need help with that and [54:12.760 --> 54:14.040] the listeners are helping. [54:14.040 --> 54:20.120] So it's very, very sweet, very good to see that people value this and that they want [54:20.120 --> 54:22.520] us to stay on the air. [54:22.520 --> 54:30.120] Yeah, I was really touched with the donations and the letters we got from 90.1. [54:30.120 --> 54:31.120] Yes. [54:31.120 --> 54:36.000] You know, sometimes you struggle and do this and do this and you're not sure if anybody's [54:36.000 --> 54:44.480] out there really cares or not and more than the money help for me was the vote of confidence. [54:44.480 --> 54:48.440] I was in tears reading some of the letters for 90.1. [54:48.440 --> 54:55.720] We have to run a campaign to solicit for people to write letters, basically open letters saying [54:55.720 --> 54:57.960] that 90.1 serves the public interest. [54:57.960 --> 55:02.640] We're going to need that for our court case and you should see what people are saying [55:02.640 --> 55:09.680] about the radio station and us, you know, in those letters and sending money and everything. [55:09.680 --> 55:11.520] And people have been supporting the network very well. [55:11.520 --> 55:15.840] It's just been, when I said dried up, I just meant like over like maybe the last three [55:15.840 --> 55:22.600] weeks or so, because people have been really digging deep into their pockets to save 90.1 [55:22.600 --> 55:24.160] here in Austin. [55:24.160 --> 55:25.960] And so we appreciate that. [55:25.960 --> 55:29.920] We had, we got a letter from someone, tell them about the letter. [55:29.920 --> 55:36.360] There was a letter, there was a letter from a woman in Wisconsin, an elderly couple. [55:36.360 --> 55:38.240] She wrote this letter. [55:38.240 --> 55:45.680] She of course can't even hear 90.1 because we're in Austin, 90.1 is in Austin, she's [55:45.680 --> 55:46.680] in Wisconsin. [55:46.680 --> 55:50.400] She's not going to hear a terrestrial radio station that far away, obviously. [55:50.400 --> 55:59.680] But she sent $100 for 90.1 anyway because we are talking about it on the air, on our [55:59.680 --> 56:06.060] network, on our shows so that we can try to get help from our listener base for this. [56:06.060 --> 56:12.480] And she said, we're elderly, we're on a fixed income and I'm sorry we can't do more. [56:12.480 --> 56:17.720] This is all we can do for now, but I will try to send the same amount again in 30 days [56:17.720 --> 56:19.040] next month. [56:19.040 --> 56:22.160] And I just, it just nearly broke my heart. [56:22.160 --> 56:28.200] I almost wanted to send the money back to her because I know that these, this couple [56:28.200 --> 56:35.840] is giving something up that they may even need to help the radio station, but I decided [56:35.840 --> 56:39.560] not to send the money back to her because that would be insulting and disrespectful [56:39.560 --> 56:45.520] to her because she wanted to help so I've kept it and I appreciate that. [56:45.520 --> 56:46.840] Yes, absolutely. [56:46.840 --> 56:52.360] So that's the kind of people that we have listening to us, Steve. [56:52.360 --> 56:53.360] They help. [56:53.360 --> 56:56.040] They support us for sure. [56:56.040 --> 57:01.560] So and I wanted to make, before we go on to the next call, unless we have anything more [57:01.560 --> 57:06.600] to say about this topic, I wanted to mention about Ron Paul and how you were saying he [57:06.600 --> 57:10.680] was, you know, maybe partially correct, partially incorrect. [57:10.680 --> 57:17.960] I think probably when he makes comments like that on the media, he's got to give sound [57:17.960 --> 57:18.960] bites, okay? [57:18.960 --> 57:26.280] He's got to give very small, short sound bites or else they won't put it on the air and he's [57:26.280 --> 57:32.240] got to have these things that, you know, little clicky kind of cliched phrases that will stick [57:32.240 --> 57:36.440] in people's minds and make them think so that they can go research on their own, but I think [57:36.440 --> 57:41.320] Ron Paul really does have a deep thorough understanding of, you know, what you're saying, [57:41.320 --> 57:42.320] Steve. [57:42.320 --> 57:44.760] I mean he, that's why he went into politics in the first place. [57:44.760 --> 57:52.840] I mean he's studied for decades of his life the writings of the Austrian economists, you [57:52.840 --> 57:54.760] know, Mises and people like that. [57:54.760 --> 57:55.760] So I think- [57:55.760 --> 58:02.160] Well, just to make sure you and anybody listening knows, I'm not picking on Ron at all. [58:02.160 --> 58:03.160] I don't think I'm- [58:03.160 --> 58:04.160] I know. [58:04.160 --> 58:05.640] I'm not fit to tie the guy's shoes. [58:05.640 --> 58:06.640] Right. [58:06.640 --> 58:07.640] Me either. [58:07.640 --> 58:08.640] Us either. [58:08.640 --> 58:09.640] Okay. [58:09.640 --> 58:15.800] I just can't help but wonder what went wrong there and regardless of the circumstances [58:15.800 --> 58:22.560] or whatever, I spent a lot of time tonight really trying to focus people on you'd need [58:22.560 --> 58:23.560] to change. [58:23.560 --> 58:24.560] Right. [58:24.560 --> 58:29.880] We can't expect some hero on a white horse to ride in, oh cool, Ron's in office. [58:29.880 --> 58:31.880] Ron is now the President of the United States. [58:31.880 --> 58:32.880] Cool. [58:32.880 --> 58:33.880] What's on American Idol? [58:33.880 --> 58:34.880] Exactly. [58:34.880 --> 58:36.600] We have to be diligent. [58:36.600 --> 58:37.600] We have to be vigilant. [58:37.600 --> 58:40.680] And that's really where I wanted to take that. [58:40.680 --> 58:43.240] It's not a knock on Paul at all. [58:43.240 --> 58:45.840] Sure, sure, of course. [58:45.840 --> 58:49.640] And what you were saying, a comment too about when we were talking about the difference [58:49.640 --> 58:55.560] between purchasing power and value and I was mentioning about gold being mostly constant. [58:55.560 --> 59:00.440] I mean obviously there's going to be fluctuations of it's, you know, because of the market [59:00.440 --> 59:04.440] conditions and demand and supply and stuff but, you know, I see- [59:04.440 --> 59:06.400] Unless I hope so or I don't have a job. [59:06.400 --> 59:08.000] Yeah, I know, right? [59:08.000 --> 59:11.480] Okay, well let's go to our next caller. [59:11.480 --> 59:12.680] One of our callers dropped off the board. [59:12.680 --> 59:15.040] If you want to call back again, please do. [59:15.040 --> 59:19.600] I think this may be our last caller unless other people want to call in right now. [59:19.600 --> 59:22.760] Excuse me, we've got Robert from Texas. [59:22.760 --> 59:24.480] Robert, thanks for calling in. [59:24.480 --> 59:25.480] What's on your mind tonight? [59:25.480 --> 59:28.840] What is your question for our guest Steve? [59:28.840 --> 59:30.720] No questions for Steve. [59:30.720 --> 59:32.120] Everything he said was spot on. [59:32.120 --> 59:34.760] I've been researching this stuff for about two years. [59:34.760 --> 59:40.760] I don't know if you've ever heard of the website WorldReports.org. [59:40.760 --> 59:45.960] It's pretty insightful as to what's going on with the Chinese and the gold right now. [59:45.960 --> 59:50.240] But other than that, there's other things that don't change over time as well as the [59:50.240 --> 59:54.760] gold and it's these people in our society. [59:54.760 --> 59:57.080] They would be the scribes and the Pharisees back then. [59:57.080 --> 01:00:00.200] They would be the police and lawyers and judges and politicians. [01:00:00.200 --> 01:00:05.520] And the money changers, remember, you know, it's like we've been fighting. [01:00:05.520 --> 01:00:10.080] The money changers have been controlling the politicians ever since, ever since, ever since [01:00:10.080 --> 01:00:15.120] in biblical times and running everything and corrupting everything up. [01:00:15.120 --> 01:00:24.280] And I've mentioned before, when you read the Bible, what is the one time where our Lord [01:00:24.280 --> 01:00:33.920] Jesus got physically aggressive when he drove the money changers out of the temple with [01:00:33.920 --> 01:00:34.920] whips? [01:00:34.920 --> 01:00:35.920] Twice, actually. [01:00:35.920 --> 01:00:36.920] Yes, that's right. [01:00:36.920 --> 01:00:37.920] I just had another comment. [01:00:37.920 --> 01:00:44.920] I saw this the other day and I've done it, rather comical. [01:00:44.920 --> 01:00:51.440] I said, when George Washington did not use his freedom of speech to run a tyrannical [01:00:51.440 --> 01:00:56.320] government out of the United States, he shot them. [01:00:56.320 --> 01:01:02.440] Are you there? [01:01:02.440 --> 01:01:03.920] Be careful with that. [01:01:03.920 --> 01:01:08.560] And I've said this a couple of times tonight for a reason. [01:01:08.560 --> 01:01:12.000] Let's avoid the moral issue, okay? [01:01:12.000 --> 01:01:19.640] If I want to win a war, we're going to attack a country. [01:01:19.640 --> 01:01:24.200] The only way I can win that war is one of two ways. [01:01:24.200 --> 01:01:32.520] I kill every single man, woman, and child, all of them, and repopulate it with people [01:01:32.520 --> 01:01:42.100] from my country, or I win the hearts and minds of those I'm doing battle with. [01:01:42.100 --> 01:01:49.240] You are never in the United States of America going to get the average American who is a [01:01:49.240 --> 01:01:55.960] beautiful, hard-working, wonderful person to commit acts of violence. [01:01:55.960 --> 01:01:57.680] It's not in their nature. [01:01:57.680 --> 01:02:00.080] It's not the way their brains are wired. [01:02:00.080 --> 01:02:03.800] No part of them wants anything to do with it. [01:02:03.800 --> 01:02:10.680] If we can't find solutions that avoid the traps, there's no solution. [01:02:10.680 --> 01:02:12.920] Yes, sir. [01:02:12.920 --> 01:02:13.920] We will never take this country. [01:02:13.920 --> 01:02:20.440] I'm a country fighter, and one thing you learn in real combat, don't get into a fight you [01:02:20.440 --> 01:02:27.240] can't win and take the right weapon to battle with you. [01:02:27.240 --> 01:02:36.840] In this particular case, a pistol or a rifle is not the right weapon. [01:02:36.840 --> 01:02:44.280] We'll run into an overwhelming force, and we'll play right squarely into their hands. [01:02:44.280 --> 01:02:45.280] That's what they're trying to do. [01:02:45.280 --> 01:02:52.600] They're trying to set people up to get violent so that they can crack down with martial law [01:02:52.600 --> 01:02:58.200] and take away our chance to be able to do anything to save this country. [01:02:58.200 --> 01:03:00.480] Can I say something quick to the caller? [01:03:00.480 --> 01:03:02.880] Yeah, go ahead, Steve. [01:03:02.880 --> 01:03:03.880] Where did you serve? [01:03:03.880 --> 01:03:07.320] The United States Navy, have you been there? [01:03:07.320 --> 01:03:08.320] No, no. [01:03:08.320 --> 01:03:09.760] In what theater? [01:03:09.760 --> 01:03:13.160] Oh, as in Pacific. [01:03:13.160 --> 01:03:14.160] Okay. [01:03:14.160 --> 01:03:17.240] I have three little girls. [01:03:17.240 --> 01:03:21.400] One of them is nine, one of them is two and a half, and one of them is two and a half [01:03:21.400 --> 01:03:22.400] months. [01:03:22.400 --> 01:03:29.960] And on behalf of me, my wife, my three daughters, and my Labrador, thank you. [01:03:29.960 --> 01:03:32.200] Well, thank you very much. [01:03:32.200 --> 01:03:35.840] Now, the money changers knew they could never take this country by force. [01:03:35.840 --> 01:03:38.280] They knew that there's two types of war they could wage. [01:03:38.280 --> 01:03:43.080] They could wage a shooting battle, or they could wage economic warfare, and they have [01:03:43.080 --> 01:03:46.680] chosen an economic warfare, and they're about to win. [01:03:46.680 --> 01:03:50.600] Well, we can't take it back by force either. [01:03:50.600 --> 01:03:54.440] We just have to get smarter than they are and work harder. [01:03:54.440 --> 01:03:56.440] You're not going to do that. [01:03:56.440 --> 01:04:01.280] What you can do is copy them and do what they do. [01:04:01.280 --> 01:04:07.640] Take the rules or the art of war, flip it on its head, and use their own body weight [01:04:07.640 --> 01:04:08.640] against them. [01:04:08.640 --> 01:04:09.640] Yes. [01:04:09.640 --> 01:04:14.280] I'm fighting a war, and I'm winning, and I love that. [01:04:14.280 --> 01:04:15.520] I'm winning. [01:04:15.520 --> 01:04:16.520] We're winning. [01:04:16.520 --> 01:04:17.520] Randy and I are winning. [01:04:17.520 --> 01:04:18.520] Yes. [01:04:18.520 --> 01:04:19.520] You guys rule a lot. [01:04:19.520 --> 01:04:20.600] We're definitely winning. [01:04:20.600 --> 01:04:22.360] We help people win their cases. [01:04:22.360 --> 01:04:26.320] Jurisdictionary, Frederick Graves, helps people win their cases. [01:04:26.320 --> 01:04:34.440] Our callers call in and tell us how helpful our show is to them, and they're winning. [01:04:34.440 --> 01:04:42.720] Yes, and what I'm doing here on this show is, is the appropriate weapon the right place, [01:04:42.720 --> 01:04:45.160] the right time? [01:04:45.160 --> 01:04:51.360] If we can just... Getting other people to stand up against them, we don't have to get [01:04:51.360 --> 01:04:53.320] everybody to stand against them. [01:04:53.320 --> 01:04:59.320] In the Revolutionary War, the figure I heard was about five percent of the people actually [01:04:59.320 --> 01:05:02.320] supported war. [01:05:02.320 --> 01:05:03.320] Rest of them didn't care. [01:05:03.320 --> 01:05:04.320] Right. [01:05:04.320 --> 01:05:10.320] Yes, and also besides that, we mostly advocate change at a local level, and John Bush, who's [01:05:10.320 --> 01:05:14.600] one of the other hosts on this network, Texans for Accountable Government, he talks about [01:05:14.600 --> 01:05:19.920] this a lot too, that it's not going to really work to go after the feds or go after the [01:05:19.920 --> 01:05:20.960] top. [01:05:20.960 --> 01:05:29.280] I like to mention the story of the vision that Daniel had in the Bible back in the Old [01:05:29.280 --> 01:05:36.760] Testament, the vision of the image where the head, the golden head, and then the silver [01:05:36.760 --> 01:05:45.520] chest, and then copper, and as it went down towards his legs and feet, the materials were [01:05:45.520 --> 01:05:55.840] made, constructed with poorer and poorer quality of materials until finally the toes were clay. [01:05:55.840 --> 01:06:07.200] What happened in his vision is that the rock, which is Christ, himself came and struck the [01:06:07.200 --> 01:06:11.160] image on its toes, and the whole thing collapsed. [01:06:11.160 --> 01:06:17.320] The Lord told Daniel that vision represents the world governments over the eons, and the [01:06:17.320 --> 01:06:26.280] golden head represented where he was at that point in time where Nebuchadnezzar was ruling. [01:06:26.280 --> 01:06:30.640] The point that I'm trying to make with that image is that we're not going to take the [01:06:30.640 --> 01:06:35.040] image down by trying to strike it on its head. [01:06:35.040 --> 01:06:41.680] That's why we don't really advocate going after the federal government or trying to get legislation [01:06:41.680 --> 01:06:44.320] filed at the federal level and all these things. [01:06:44.320 --> 01:06:45.760] We make change. [01:06:45.760 --> 01:06:51.400] We're going to make the most change at the local level, and we are doing it. [01:06:51.400 --> 01:06:52.960] We are being successful. [01:06:52.960 --> 01:06:59.260] Now, I don't believe we're ever going to be able to stop the money changers from doing [01:06:59.260 --> 01:07:01.640] what they're doing or accomplishing their goals. [01:07:01.640 --> 01:07:04.200] We're not going to be able to stop global government. [01:07:04.200 --> 01:07:07.280] Global government is already here. [01:07:07.280 --> 01:07:13.120] It talks about this in Revelation, and the mark of the beast, and the one world currency, [01:07:13.120 --> 01:07:19.440] and all this kind of thing is practically upon us, people, but it does talk about the [01:07:19.440 --> 01:07:26.880] wilderness, that there will be a wilderness prepared and provided for God's people to [01:07:26.880 --> 01:07:34.680] have a place to be safe from the horrific persecution and violent destruction that is [01:07:34.680 --> 01:07:39.560] going to come upon the whole world by the Antichrist. [01:07:39.560 --> 01:07:50.760] I feel it is our job, our mission, our duty to help prepare this wilderness for our brothers [01:07:50.760 --> 01:07:54.680] and sisters, and maybe for us. [01:07:54.680 --> 01:07:59.400] The Lord may consider us worthy to spare us from the great tribulation. [01:07:59.400 --> 01:08:02.120] Maybe that's not what he has in mind for us. [01:08:02.120 --> 01:08:11.120] We don't know, but one way or the other, we have to help prepare to take care of our fellow [01:08:11.120 --> 01:08:17.440] brothers and sisters, and maybe even ourselves, and so that's where I feel it's at for us. [01:08:17.440 --> 01:08:20.520] I don't even want to try to... We're not going to be able to stop them. [01:08:20.520 --> 01:08:21.520] We can't. [01:08:21.520 --> 01:08:22.520] It's not going to happen. [01:08:22.520 --> 01:08:23.520] The Bible says so. [01:08:23.520 --> 01:08:29.160] I already know what's going to happen, but I do feel that we can find a place to be safe, [01:08:29.160 --> 01:08:34.080] and the Lord will never put more on you than you can bear. [01:08:34.080 --> 01:08:35.080] Amen. [01:08:35.080 --> 01:08:36.080] Amen. [01:08:36.080 --> 01:08:47.640] This wilderness may not be like a country, like a place that we would go to. [01:08:47.640 --> 01:08:55.560] The wilderness may be little areas and localities all over the country, different localities. [01:08:55.560 --> 01:09:00.040] Maybe there'll be little wildernesses in every city. [01:09:00.040 --> 01:09:01.840] It's what we make. [01:09:01.840 --> 01:09:06.880] It's the environment that we make around us and how we take care of our brothers and sisters. [01:09:06.880 --> 01:09:15.960] Deborah, what if the wilderness existed between your ears, and you have to go to a place that's [01:09:15.960 --> 01:09:22.760] never existed before, a place of individual thought and freedom, kind of like a modern [01:09:22.760 --> 01:09:25.640] renaissance? [01:09:25.640 --> 01:09:32.400] When you were talking about Christ the whole time, and I gave my life to Christ, so I'm [01:09:32.400 --> 01:09:38.400] totally with you on that, but another thought came into my head of David Henry Thoreau. [01:09:38.400 --> 01:09:43.680] A thousand will strike at the branches of evil for everyone who strikes at the root. [01:09:43.680 --> 01:09:44.680] Exactly. [01:09:44.680 --> 01:09:46.840] Right, and the root is where you have to go. [01:09:46.840 --> 01:09:47.840] Right. [01:09:47.840 --> 01:09:48.840] Strike the root. [01:09:48.840 --> 01:09:52.200] You have to strike the root because the branches grow back. [01:09:52.200 --> 01:09:58.120] Yeah, and we're concentrating on the judges. [01:09:58.120 --> 01:10:00.440] Those are the ones nobody goes after. [01:10:00.440 --> 01:10:01.440] Those are the local roots. [01:10:01.440 --> 01:10:02.440] They are the problem. [01:10:02.440 --> 01:10:03.440] They are. [01:10:03.440 --> 01:10:04.440] You're exactly correct. [01:10:04.440 --> 01:10:12.480] Yes, and another part and another root of the problem is the federal government overbearing [01:10:12.480 --> 01:10:18.040] and in the states and stepping over their jurisdiction constantly and interfering in [01:10:18.040 --> 01:10:23.560] the states and the counties and the locals, funding the local police departments and things [01:10:23.560 --> 01:10:29.600] like this, and that's why I was saying to make change at the local level is a way to [01:10:29.600 --> 01:10:32.760] strike back at the root to get them out. [01:10:32.760 --> 01:10:38.520] That's why we are doing what we're doing following these lawsuits against the FCC and these agents, [01:10:38.520 --> 01:10:48.080] and actually John Bush and I and Randy just finished earlier today drafting up a piece [01:10:48.080 --> 01:10:56.560] of legislation for a legislator, a representative, a congressman in Oklahoma. [01:10:56.560 --> 01:11:00.200] I don't want to mention his name right now without his permission, but a congressman [01:11:00.200 --> 01:11:08.040] in Oklahoma State House approached us to write up a piece of legislation for him so that [01:11:08.040 --> 01:11:14.360] he could get the ball rolling to kick the FCC out of Oklahoma, and he is going to help [01:11:14.360 --> 01:11:20.920] us get that introduced with some of his colleagues here in Texas as well. [01:11:20.920 --> 01:11:28.160] So it's these kinds of things by taking back control at the local level that we can strike [01:11:28.160 --> 01:11:36.040] back out, that we can strike at that root, because if the feds can't get their tentacles [01:11:36.040 --> 01:11:41.120] into the states and into the counties and affect us at the local level, then we have [01:11:41.120 --> 01:11:44.160] bound the hands of the enemy. [01:11:44.160 --> 01:11:49.920] Yeah, but you'll never unseat that power, you'll never take that power back from them. [01:11:49.920 --> 01:11:54.800] Once they've got it, you'll never get it, it'll be a hard, hard battle to get that power [01:11:54.800 --> 01:11:55.800] away. [01:11:55.800 --> 01:11:56.800] I disagree. [01:11:56.800 --> 01:11:57.800] I disagree. [01:11:57.800 --> 01:11:58.800] I disagree too. [01:11:58.800 --> 01:12:02.200] Take away their money. [01:12:02.200 --> 01:12:04.120] You take away their money. [01:12:04.120 --> 01:12:06.160] They have no way to support themselves. [01:12:06.160 --> 01:12:07.160] They're bureaucrats. [01:12:07.160 --> 01:12:08.160] That's right. [01:12:08.160 --> 01:12:10.320] Take them out of the equation. [01:12:10.320 --> 01:12:16.040] And how do you think they could go to war in every, almost every country in the nation [01:12:16.040 --> 01:12:19.000] if they didn't have a way to pay for it? [01:12:19.000 --> 01:12:23.360] Well, you know we're above the national debt limit, right? [01:12:23.360 --> 01:12:27.600] Oh yes, oh yes, I think we've far surpassed that. [01:12:27.600 --> 01:12:30.840] No, well, I mean just like one week ago. [01:12:30.840 --> 01:12:31.840] Yes. [01:12:31.840 --> 01:12:36.120] We passed the federal mandated debt ceiling. [01:12:36.120 --> 01:12:41.040] How are we spending more than what's been appropriated to spend? [01:12:41.040 --> 01:12:44.040] Isn't that theft? [01:12:44.040 --> 01:12:45.040] It is. [01:12:45.040 --> 01:12:48.840] Isn't every single person who's involved in that, regardless of whether you're an office [01:12:48.840 --> 01:12:56.840] clerk or a judge, or anybody in between, or anybody above for that matter, if you're partaking [01:12:56.840 --> 01:13:04.080] in this, you are literally ripping off every man, woman, and child in the United States. [01:13:04.080 --> 01:13:08.560] How is that happening? [01:13:08.560 --> 01:13:09.560] The same way. [01:13:09.560 --> 01:13:10.560] Well, yeah. [01:13:10.560 --> 01:13:11.560] We're striking branches. [01:13:11.560 --> 01:13:16.240] Yeah, file something with the Attorney General of the United States and see what happens [01:13:16.240 --> 01:13:17.240] with it. [01:13:17.240 --> 01:13:18.240] It's going nowhere. [01:13:18.240 --> 01:13:19.240] Exactly. [01:13:19.240 --> 01:13:20.240] File charges off. [01:13:20.240 --> 01:13:21.240] Right. [01:13:21.240 --> 01:13:23.040] That's why I keep saying. [01:13:23.040 --> 01:13:31.820] If I turn in my coupons, I get to determine from that point on how I conduct commerce. [01:13:31.820 --> 01:13:36.880] If I can keep these people out of the loop, I'm not saying I'm going to avoid anything. [01:13:36.880 --> 01:13:40.760] I'm not going to do anything against the law. [01:13:40.760 --> 01:13:47.800] But if I don't have to pay people that I despise, why should I? [01:13:47.800 --> 01:13:50.080] You're no kidding. [01:13:50.080 --> 01:13:55.240] If nobody uses their funny money, then they can't control us with it. [01:13:55.240 --> 01:13:59.280] That takes getting more people out from behind watching their American Idol and their football [01:13:59.280 --> 01:14:02.680] games and getting them interested in listening to what y'all have to say. [01:14:02.680 --> 01:14:06.960] But 99% of the people walking the face of the earth won't do that. [01:14:06.960 --> 01:14:12.120] They got their mortgage, they got their golf clubs, and they go fishing and hunting and [01:14:12.120 --> 01:14:13.120] believe me... [01:14:13.120 --> 01:14:14.120] I think the tide is changing. [01:14:14.120 --> 01:14:15.120] Yeah, I agree. [01:14:15.120 --> 01:14:16.120] It's changing. [01:14:16.120 --> 01:14:20.800] I think the tide is changing because more and more people are becoming more and more [01:14:20.800 --> 01:14:21.800] active. [01:14:21.800 --> 01:14:31.480] I mean, seriously, I know people who are putting up micro FM and AM transmitters all over the [01:14:31.480 --> 01:14:36.160] country right now just because of what's going on with 90.1. [01:14:36.160 --> 01:14:41.120] They're risking $10,000 and $20,000 forfeiture orders. [01:14:41.120 --> 01:14:48.480] They know what's at stake, but they're doing it anyway to get the word out. [01:14:48.480 --> 01:14:54.520] That represents a fraction of people that are taking other actions in other areas. [01:14:54.520 --> 01:14:57.600] People are... The sleeping giant is awakening. [01:14:57.600 --> 01:15:02.840] I believe that the tide is turning, seriously. [01:15:02.840 --> 01:15:14.080] When a state legislator comes to me, little old me, and asks me personally to write a [01:15:14.080 --> 01:15:21.040] piece of legislation for him, the tide is turning. [01:15:21.040 --> 01:15:26.680] I'm telling you, has to be, has to be. [01:15:26.680 --> 01:15:28.960] I try to wake up as many as I can. [01:15:28.960 --> 01:15:36.080] Well, folks, you all know the tide is turning when somebody out in the middle of a cornfield [01:15:36.080 --> 01:15:42.440] in Illinois can be allowed on the radio for five and a half hours. [01:15:42.440 --> 01:15:48.320] You know the tide is turning when the listeners stay on that long and still are calling and [01:15:48.320 --> 01:15:55.400] still the streams have not really decreased that much since we went into overtime. [01:15:55.400 --> 01:16:02.360] Steve, sometimes we have been on the air until four, five in the morning, and there's still [01:16:02.360 --> 01:16:04.080] callers on the board. [01:16:04.080 --> 01:16:05.080] 730. [01:16:05.080 --> 01:16:06.080] 730. [01:16:06.080 --> 01:16:09.760] Were we on the air until 730 one morning? [01:16:09.760 --> 01:16:10.760] Yes, we were. [01:16:10.760 --> 01:16:11.760] Oh, man. [01:16:11.760 --> 01:16:12.760] That's right. [01:16:12.760 --> 01:16:13.760] That one time. [01:16:13.760 --> 01:16:16.760] Randy passed out around two or three. [01:16:16.760 --> 01:16:17.760] 1 30. [01:16:17.760 --> 01:16:18.760] Lightweight. [01:16:18.760 --> 01:16:32.800] Well, I can feel it. [01:16:32.800 --> 01:16:39.040] I keep getting people, when we first started, people were really incredulous. [01:16:39.040 --> 01:16:43.400] They liked what we did, but they were afraid to do it. [01:16:43.400 --> 01:16:50.640] Now I get more people calling in asking, how do I do this and how do I do that? [01:16:50.640 --> 01:16:58.040] One of my favorite calls was out of Wisconsin, and his son had gotten arrested. [01:16:58.040 --> 01:17:07.240] He was in a passenger in a car, and they found a roach in the car, and they arrested them [01:17:07.240 --> 01:17:08.240] all. [01:17:08.240 --> 01:17:16.160] I said, everything I told him to do, he said he had already done, and finally I said, did [01:17:16.160 --> 01:17:17.160] you get jurisdictionary? [01:17:17.160 --> 01:17:26.840] Oh, yeah, I got jurisdictionary, but it indicated that our listeners were getting far more sophisticated, [01:17:26.840 --> 01:17:33.200] and most of the questions I get now are not, well, what will they do to me if I do this? [01:17:33.200 --> 01:17:39.600] The questions are technical, and how do I go about going after them, because they're [01:17:39.600 --> 01:17:43.600] getting the confidence, and they're actually beginning to take action. [01:17:43.600 --> 01:17:48.480] Yes, and they're doing their homework, they're taking control of the situation, just like [01:17:48.480 --> 01:17:57.200] what Steve was saying earlier, our listeners are not expecting us or Steve to do it for [01:17:57.200 --> 01:17:58.200] them. [01:17:58.200 --> 01:18:02.280] They go, and we tell them, you have to go read the law, you have to go read the code [01:18:02.280 --> 01:18:07.640] in your state and see what it says, and study that and compare with what they've done to [01:18:07.640 --> 01:18:10.680] you so far, and then call us back, and they do it. [01:18:10.680 --> 01:18:17.240] They do their homework, and they are getting results, and here's the other way that I know [01:18:17.240 --> 01:18:24.160] that the tide is really turning big time, because with this piece of legislation that [01:18:24.160 --> 01:18:35.280] I was asked to write with Randy and John Bush, originally he was saying, by the way, he gave [01:18:35.280 --> 01:18:43.960] us a week to do it too, whoa, because he has a deadline to file and stuff, and he decided [01:18:43.960 --> 01:18:48.760] that he was so upset about this STC issue that he wanted to jump on it by the deadline, [01:18:48.760 --> 01:18:55.680] so at any rate, he said, you know, just kind of model it after these intrastate firearms [01:18:55.680 --> 01:18:56.680] resolutions. [01:18:56.680 --> 01:19:02.040] If you don't know what that is, that many states have either passed intrastate resolution [01:19:02.040 --> 01:19:11.520] or law, this intrastate firearms act, where it says that firearms are ammunition that [01:19:11.520 --> 01:19:19.200] is manufactured, all the raw materials, everything, you know, the metal is smelted, whatever, [01:19:19.200 --> 01:19:25.600] they are completely and totally created and manufactured within the state, then federal [01:19:25.600 --> 01:19:33.640] government has no jurisdiction to regulate the firearms, or anything about it at all, [01:19:33.640 --> 01:19:39.880] and states are passing this, even into law, governors are signing it, all right, and so [01:19:39.880 --> 01:19:48.480] we modeled our legislation after that kind of bill, and when I talked to him today, I [01:19:48.480 --> 01:19:53.440] told him, we have it ready for you, he's like, wonderful, wonderful, because the filing deadline [01:19:53.440 --> 01:20:03.840] is next Wednesday, so at any rate, he asked me, did we put anything in there that would [01:20:03.840 --> 01:20:13.440] indicate what kinds of action the state government would take if the federal government would [01:20:13.440 --> 01:20:22.160] not abide by our resolution, you know, if we pass this act and pass it into law that [01:20:22.160 --> 01:20:29.480] if radio transmissions are completely intrastate and are causing no interference with other [01:20:29.480 --> 01:20:36.000] frequencies in other states, over state lines, or interfering with commerce somehow, intrastate [01:20:36.000 --> 01:20:45.680] commerce, but the federal government, FCC wants to come in and shut down a low power [01:20:45.680 --> 01:20:55.480] FM, unlicensed intrastate only radio station anyway, then what actions would the state [01:20:55.480 --> 01:21:02.240] government take against the FCC in that case, and I said, well, sir, we didn't get to that [01:21:02.240 --> 01:21:10.520] part yet, because mainly, you know, we were asked to write it, model it after these resolutions, [01:21:10.520 --> 01:21:16.640] and none of these resolutions or even laws have mentioned anything yet about what the [01:21:16.640 --> 01:21:22.720] states would do if the federal government didn't abide by these state resolutions, it [01:21:22.720 --> 01:21:26.640] just says, you guys don't have the authority to do this, the federal government just don't [01:21:26.640 --> 01:21:30.840] have the authority to do that, but then what if the feds do it anyway, well, then what, [01:21:30.840 --> 01:21:35.280] is states just going to shrug their shoulders and go, oh, well, and so I said, I didn't [01:21:35.280 --> 01:21:41.240] put that in there yet, because I didn't know how strong you wanted this bill to be, and [01:21:41.240 --> 01:21:48.840] plus I haven't had time to research Oklahoma state law yet to see what would be authorized [01:21:48.840 --> 01:21:53.840] in a situation like that, and he goes, then there was silence for like maybe two seconds, [01:21:53.840 --> 01:22:03.360] he goes, don't worry, I'll put it in, and I was like, yes, okay, so now we've got state [01:22:03.360 --> 01:22:12.480] legislators that are so PO'd at the federal government for the way they treat the states [01:22:12.480 --> 01:22:18.040] like redheaded stepchildren, that now the state legislators are to the point that they [01:22:18.040 --> 01:22:25.480] are actually going to draft up laws with teeth, that there will be remedies and actions taken [01:22:25.480 --> 01:22:32.440] on the part of the state government that would be enforceable by state law enforcement to [01:22:32.440 --> 01:22:38.920] do something about it, and that the sheriffs could arrest these rogues, state troopers [01:22:38.920 --> 01:22:44.240] and state like Texas Rangers, et cetera, et cetera, would arrest these rogues, and they [01:22:44.240 --> 01:22:51.960] may be prosecuted in court and all these things, I mean, I'm telling you, the tide is turning. [01:22:51.960 --> 01:22:53.400] There's no question about it. [01:22:53.400 --> 01:22:54.400] Hey, Deborah. [01:22:54.400 --> 01:22:55.400] Yes. [01:22:55.400 --> 01:23:01.520] If your state does that, I can't even tell you how much vested I have in Illinois. [01:23:01.520 --> 01:23:03.960] I would sell everything and move immediately. [01:23:03.960 --> 01:23:10.240] Well, why not, wait a minute, why not we get the same law passed in Illinois? [01:23:10.240 --> 01:23:11.240] In Illinois? [01:23:11.240 --> 01:23:12.240] Are you kidding? [01:23:12.240 --> 01:23:13.240] Oh my God. [01:23:13.240 --> 01:23:14.240] We might as well be Washington. [01:23:14.240 --> 01:23:15.240] What did you say, Steve? [01:23:15.240 --> 01:23:16.240] We might as well be Washington. [01:23:16.240 --> 01:23:30.560] Steve, there's one thing to know about Oklahoma, NAFTA, the super highway. [01:23:30.560 --> 01:23:38.280] Oklahoma passed resolution and said, you ain't coming through here. [01:23:38.280 --> 01:23:41.760] It was scheduled to go right straight through the center. [01:23:41.760 --> 01:23:42.760] Oh yeah. [01:23:42.760 --> 01:23:53.320] Oklahoma, Oklahoma, Oklahoma and Texas between this little radio network and a few legislators [01:23:53.320 --> 01:23:58.400] that we have on our side here in Texas and the people that we know in Oklahoma that are [01:23:58.400 --> 01:24:06.560] also radio hosts on this network and the legislators, they have on their side in the strength of [01:24:06.560 --> 01:24:09.240] the resolve of the Oklahoma legislature. [01:24:09.240 --> 01:24:14.240] I mean we're going to, Texas and Oklahoma is going to end up being an unstoppable team [01:24:14.240 --> 01:24:19.480] here and I'm telling you, Oklahoma is not putting up with this crapola. [01:24:19.480 --> 01:24:21.440] They are serious. [01:24:21.440 --> 01:24:26.260] They will make the NAFTA highway go around the state of Oklahoma. [01:24:26.260 --> 01:24:33.680] They will make it happen and I think the whole project right now is shelved because Oklahoma [01:24:33.680 --> 01:24:37.720] is not going to let trans-Texas corridor and NAFTA highway pass through that state. [01:24:37.720 --> 01:24:45.640] How in the heck are these rogues going to run the NAFTA highway up through Laredo, [01:24:45.640 --> 01:24:51.640] up through Texas, up to the center of the country to Kansas and then branch it out as [01:24:51.640 --> 01:24:54.680] they had planned if they can't go through Oklahoma. [01:24:54.680 --> 01:24:57.400] They're dead in the water. [01:24:57.400 --> 01:25:00.160] We are making a change here. [01:25:00.160 --> 01:25:02.280] We're stopping them. [01:25:02.280 --> 01:25:04.000] We really are stopping them. [01:25:04.000 --> 01:25:07.400] Yeah, this tide really is changing. [01:25:07.400 --> 01:25:10.440] You stop the trans-Texas corridor in Texas. [01:25:10.440 --> 01:25:12.880] John Bush was almost instrumental in that. [01:25:12.880 --> 01:25:19.400] John Bush is kicking some serious behind in the Texas legislature right now. [01:25:19.400 --> 01:25:27.120] Consider how unprecedented these 10th Amendment initiatives have been. [01:25:27.120 --> 01:25:34.480] We've had what, 26 states pass it and they're telling the feds, get the heck out of here. [01:25:34.480 --> 01:25:37.560] The states are reasserting their sovereignty. [01:25:37.560 --> 01:25:42.760] This pendulum has swung about as far as it's going to go and now gravity and pressures [01:25:42.760 --> 01:25:44.120] beginning to pull it back. [01:25:44.120 --> 01:25:52.360] Listen, I'm telling you what, the activists in Texas, especially in Austin have been fighting [01:25:52.360 --> 01:25:59.960] and fighting and fighting for five years or more to stop this trans-Texas corridor and [01:25:59.960 --> 01:26:06.880] I'm telling you, we stopped it because we put so much pressure on them and we didn't [01:26:06.880 --> 01:26:10.240] even really have that much support from mainstream media. [01:26:10.240 --> 01:26:19.160] We just put so much pressure on them politically and otherwise. [01:26:19.160 --> 01:26:20.360] We had protests. [01:26:20.360 --> 01:26:22.840] We had rallies. [01:26:22.840 --> 01:26:26.960] We hounded our legislators. [01:26:26.960 --> 01:26:29.040] We insist on public hearings. [01:26:29.040 --> 01:26:30.920] We showed up in committee hearings. [01:26:30.920 --> 01:26:39.640] We went to the Capitol, not just sent emails, not just called or wrote a letter, we showed [01:26:39.640 --> 01:26:40.640] up at their office. [01:26:40.640 --> 01:26:49.920] Let me tell you what, when you show up at the Capitol and insist in a polite way on [01:26:49.920 --> 01:26:56.760] speaking to your representative, you may have to schedule an appointment or whatever, but [01:26:56.760 --> 01:27:00.240] you be polite, but you be persistent. [01:27:00.240 --> 01:27:04.800] If they're in session and very busy, you may not get an appointment for several weeks, [01:27:04.800 --> 01:27:09.720] but go and try to see them when they're not in session. [01:27:09.720 --> 01:27:14.440] That's when they are looking for people to want to talk to them, so they can get reelected [01:27:14.440 --> 01:27:21.800] again and stuff and I'm telling you, it works when you go and talk to them and walk inside [01:27:21.800 --> 01:27:26.600] that Capitol and go into their office because it ain't even their office, it's our office. [01:27:26.600 --> 01:27:29.920] That is our building. [01:27:29.920 --> 01:27:35.960] All power of all government, all authority of all governments are inherent in the power [01:27:35.960 --> 01:27:38.240] of the people. [01:27:38.240 --> 01:27:44.480] That is in the constitution and it's chiseled into the state archives library here in Texas [01:27:44.480 --> 01:27:47.640] and it is true and we're doing something about it. [01:27:47.640 --> 01:27:53.360] We stopped the trans-Texas corridor here in Texas and Oklahoma stopped the NAFTA highway. [01:27:53.360 --> 01:27:54.360] We're making a change. [01:27:54.360 --> 01:28:02.840] Yeah, but if you're at the Capitol in Texas and you encounter a redheaded sergeant, don't [01:28:02.840 --> 01:28:06.760] tell him what part of, I don't want to talk to you, do you not understand? [01:28:06.760 --> 01:28:13.680] Randy, Randy, you know, you were mouthing off to the guy, okay? [01:28:13.680 --> 01:28:15.160] He didn't take that well. [01:28:15.160 --> 01:28:19.840] No, no, no, no, Randy gets a little out of hand sometimes. [01:28:19.840 --> 01:28:23.160] But anyways, I mean, I guess that's about enough of my rant on that. [01:28:23.160 --> 01:28:28.960] I mean, what do you, what do you think of all that, all of this, Steve? [01:28:28.960 --> 01:28:31.960] Wow. [01:28:31.960 --> 01:28:32.960] Cool stuff. [01:28:32.960 --> 01:28:39.680] I mean, the pendulum, like Randy was just talking about, you can only swing something [01:28:39.680 --> 01:28:45.120] so far before the act of gravity pulls it back to the other direction. [01:28:45.120 --> 01:28:50.560] I mean, that's one of the fundamentals in analysis and the only reason I've ever had [01:28:50.560 --> 01:28:56.160] any luck whatsoever is because I'm willing to look at something so easy. [01:28:56.160 --> 01:29:02.160] And if we don't look at everything else in our economy, our lives, how many times did [01:29:02.160 --> 01:29:07.160] you hear me say tonight, these people are my employees? [01:29:07.160 --> 01:29:08.420] I pay them. [01:29:08.420 --> 01:29:09.420] They work for me. [01:29:09.420 --> 01:29:10.560] They don't represent me. [01:29:10.560 --> 01:29:13.600] I'm being taxed and I'm not being represented. [01:29:13.600 --> 01:29:17.660] How far is that going to go? [01:29:17.660 --> 01:29:18.660] We're trying to be nice. [01:29:18.660 --> 01:29:19.660] We're trying to be civil. [01:29:19.660 --> 01:29:23.960] We're trying to be decent and they don't care. [01:29:23.960 --> 01:29:25.680] How long will people take that? [01:29:25.680 --> 01:29:26.680] Yeah. [01:29:26.680 --> 01:29:31.440] I'm not willing to do anything more than as far as myself, I can only do so much. [01:29:31.440 --> 01:29:37.480] I'm one person, but doing stuff like this tonight, doing things like what I've done [01:29:37.480 --> 01:29:47.120] in the past, you know, that's the only contribution I can give and give with a total open heart. [01:29:47.120 --> 01:29:49.360] And it's all we need. [01:29:49.360 --> 01:29:50.960] We don't need everyone. [01:29:50.960 --> 01:29:53.960] 5% is enough. [01:29:53.960 --> 01:29:54.960] That's true. [01:29:54.960 --> 01:29:55.960] And you know what? [01:29:55.960 --> 01:30:04.600] We have spread out and diversified our activities, okay, our activist activities, if you will, [01:30:04.600 --> 01:30:08.760] in so many different directions to hit them from so many different angles. [01:30:08.760 --> 01:30:14.960] It's the results, you know, you work and work and work on something for a long, long time [01:30:14.960 --> 01:30:17.860] and sometimes you don't see any results. [01:30:17.860 --> 01:30:25.440] And then all of a sudden one day it's like, wow, it's like an exponential curve. [01:30:25.440 --> 01:30:30.800] All that hard work and all that time and effort really is paying off. [01:30:30.800 --> 01:30:34.600] It's just that you don't see the results until much later down the line. [01:30:34.600 --> 01:30:42.120] We got John Bush kicking some serious butt up in the legislature, got me and Randy breathing [01:30:42.120 --> 01:30:45.720] down the court, the judiciary branch, the judicial branch. [01:30:45.720 --> 01:30:53.040] We got Richard Reeves teaching people how to take over the political parties so we can [01:30:53.040 --> 01:31:03.280] put in our own candidates and get these incumbent fat cats out by getting them out in the primaries. [01:31:03.280 --> 01:31:06.140] That's their Achilles heel, all right? [01:31:06.140 --> 01:31:10.920] We get our own candidate, we take over the political parties ourselves so we start having [01:31:10.920 --> 01:31:19.280] a poll from the inside, we run our own candidates against these fat cats in the primaries. [01:31:19.280 --> 01:31:27.360] Sometimes there are elections to determine who is going to be candidates within the primaries [01:31:27.360 --> 01:31:31.160] and those elections are within the political parties and they're done on paper ballots [01:31:31.160 --> 01:31:32.160] by the way. [01:31:32.160 --> 01:31:38.800] So you get around the black box voting issue there and a lot of times the rigged elections, [01:31:38.800 --> 01:31:48.240] the extremeness of the total fraudulency of the rigged elections doesn't really start [01:31:48.240 --> 01:31:53.320] coming down until the major elections. [01:31:53.320 --> 01:32:00.240] We have been able to get some of our own candidates in office and winning in the primaries. [01:32:00.240 --> 01:32:06.680] So it's like we don't really know how rigged the elections really are but we want to get [01:32:06.680 --> 01:32:13.840] these fat cats out in the primaries so they don't even have a chance to run in the general [01:32:13.840 --> 01:32:14.840] election. [01:32:14.840 --> 01:32:18.640] Okay, so we're working on that aspect of it. [01:32:18.640 --> 01:32:26.440] I mean we got people like Steve who is on the financial side of things so we can all [01:32:26.440 --> 01:32:29.800] teach each other how to do these things. [01:32:29.800 --> 01:32:38.640] I'm telling you it's making a difference. [01:32:38.640 --> 01:32:43.880] We got Eddie who is going to run for sheriff in his county. [01:32:43.880 --> 01:32:51.360] This is awesome stuff. [01:32:51.360 --> 01:32:52.360] Right Eddie? [01:32:52.360 --> 01:32:53.360] Yes ma'am. [01:32:53.360 --> 01:32:58.360] Okay, is that the last of our callers? [01:32:58.360 --> 01:32:59.360] Yes. [01:32:59.360 --> 01:33:00.360] Good. [01:33:00.360 --> 01:33:02.800] That's probably the last for Randy's consciousness too. [01:33:02.800 --> 01:33:06.200] Do you have any other comments? [01:33:06.200 --> 01:33:08.640] Do you want to have some closing comments Steve? [01:33:08.640 --> 01:33:12.720] Frankly, I'm turning kind of pumpkin over here. [01:33:12.720 --> 01:33:20.080] It's been a long week and I could really use some rest if we're all good. [01:33:20.080 --> 01:33:21.080] Yes. [01:33:21.080 --> 01:33:22.080] But I just bow out. [01:33:22.080 --> 01:33:23.080] Yes. [01:33:23.080 --> 01:33:25.080] Well yeah, that's what I'm saying. [01:33:25.080 --> 01:33:27.480] We're going to end the show now. [01:33:27.480 --> 01:33:31.280] So Steve, thank you very much for joining us. [01:33:31.280 --> 01:33:36.280] And callers, thank you for staying with us so late. [01:33:36.280 --> 01:33:40.680] And I'll have the archives posted later this evening. [01:33:40.680 --> 01:33:45.200] This has been the rule of law, Randy Kelton, Eddie Craig, Deborah Stevens and special guest [01:33:45.200 --> 01:33:46.200] Steve. [01:33:46.200 --> 01:34:09.920] We'll see y'all on Monday. [01:34:16.200 --> 01:34:44.760] We'll see y'all on Monday. [01:34:44.760 --> 01:35:12.560] We'll see y'all on Monday. [01:35:12.560 --> 01:35:32.520] We'll see y'all on Monday. [01:35:32.520 --> 01:35:47.960] We'll see y'all on Monday. [01:35:47.960 --> 01:36:03.400] We'll see y'all on Monday. [01:36:03.400 --> 01:36:18.840] We'll see y'all on Monday. [01:36:18.840 --> 01:36:34.280] We'll see y'all on Monday. [01:36:34.280 --> 01:36:49.720] We'll see y'all on Monday. [01:36:49.720 --> 01:37:05.160] We'll see y'all on Monday. [01:37:05.160 --> 01:37:20.600] We'll see y'all on Monday. [01:37:20.600 --> 01:37:38.200] We'll see y'all on Monday.