We Don’t Trust The FBI Until We See The Receipts

A UFC fight at the White House shouldn’t be a national identity crisis, but the reaction to it tells you a lot about modern politics. We kick things off from the “peasants’ perspective” and pull apart how media and politicians decide what counts as “American values” depending on who’s in power, who’s mad, and what narrative needs oxygen. Along the way we hit the everyday stuff people actually feel, like cost of living talk and the constant gas price spin that never seems to match reality.

Then the mood turns darker with reports of a thwarted drone attack plot tied to a major public event. We don’t do reflexive trust or reflexive cynicism. We ask the questions a lot of listeners are already thinking: was this solid investigative work, broad surveillance, a tip from the public, or another case where informants and stings blur into entrapment? When institutions like the FBI and DOJ run on “just trust us,” credibility becomes the whole story.

The centerpiece is Gavin Newsom announcing he’s under DOJ investigation, plus follow-up reporting on subpoenas, interviews with associates, and possible angles involving staff and nonprofit taxes. We talk about the “weaponization” frame, what real accountability would look like, and how midterm election polling and redistricting make the political map harder to read than cable news admits. We wrap with foreign policy tension around Iran, Israel, and Hezbollah, and end on a surprising detour into Bitcoin: halving cycles, Bitcoin ETFs, scarcity, and why some investors see BTC as digital gold.

If you’re here for sharp political commentary, institutional skepticism, and clear talk about incentives and power, hit subscribe, share this with a friend, and leave us a review. What part of the conversation did we get most right, and where do you disagree?

Transcript

Welcome And The Morning Sip

SPEAKER_03 0:40

Peasants, man. We're just peasants. Every one of us. You watch the whole movies, you see the peasants in the background with the kings and kings walking around, but we're those people. We're those people. Good morning, peasants. Welcome to another episode of the peasants' perspective. See, Ron, I knew I'd get my energy. I had to do some jumping jacks for here. I was, I'm just so tired. Some mornings. I just do not want to wake up. But but people like Sarah Sings in the chat bright and early. Good morning. Election day here in Oklahoma are what gets me up every morning. I know you guys are going to be waiting. And I got the feedback last week when I was traveling across the country. Some of you were like, I've got a serious uh peasants addiction. And when you're not broadcasting, you're watching the replays, which was great. I love that, by the way. All the extra views last on last week's shows. I could tell you guys were just trying to fill the time gap. Ranger, good morning from Idaho. Welcome, welcome. Pony boy, good morning. Glad you guys made it bright and early. Love it so much. All right. So I know why you guys come early. You come for the simultaneous sip. And today, during the simultaneous sip, we're gonna listen to Hakeem Jeffries go stutter faced. All you need to do that is get a cup or a mug or a glass, a tack or a chalcastein, a canteen, jug, or flask, a vessel of any kind, and fill it with your favorite liquid. I like coffee this morning. And join me now for the unparalleled pleasure of the dopamine hit of the day. The thing that makes everything better is the simultaneous sip, and it starts right now.

SPEAKER_07 2:11

Which is gonna make it like gas prices were this high under Obama, too. So and Biden. Well, I'm not right, President Biden? Didn't we have gas prices at over five dollars? No, well, there were gas prices in the immediate aftermath. And I remember eggs were like $5 a dozen.

SPEAKER_03 2:29

But gas prices were high under Obama and Biden. And he's like, the the Putin price increase, the food price increase. Oh man, what a joke he is. Like, I look at some of these politicians, I'm like, how do they how do they do it, man? These people aren't like he's third in line to the presidency. All right, we've got Carlitz in the chat. Howdy, y'all. Just me underscore P and W, another sunny day in paradise. Yes, it is. We've had a good couple days. Saw a Jeep driving around with its top off, and I was like, hey, you got like four days a year here in Seattle where that's a safe choice. It's either too cold or too much of a chance of rain to risk it. Anyways, very fun,

UFC At The White House Fallout

SPEAKER_03 3:12

you guys. So we hadn't covered this too much, but we had that UFC event at the White House the other day. I mean, talk about ultimate bread and circus, you know, UFC gladiator fight on the day that we made peace in Persia on Emperor's birthday. It's perfect Roman trajectory. You know what I'm saying? Like perfect Roman trajectory for bread and circus. But this caused the left media to just kind of melt down. This was Anna Navarro talking about the 250th birthday and this just disgraceful UFC fight. I can't actually do her accent, that's literally it. But this disgraceful UFC fight at the at the White House.

SPEAKER_16 3:47

Look at this crowd. I'll tell you, I didn't watch one section of that UFC fight because to me, that does not say celebrate America's 250th anniversary. That does not signify America's best values. And I'll tell you, uh, you know, he is so obsessed with the Obamas. They live rent-free in their head. But I'm gonna tell you how I'm gonna celebrate the 250th anniversary. Number one, I am going to on Thursday is the opening of the Obama Center in Chicago.

SPEAKER_05 4:18

Oh, oh, that's gonna be fun.

SPEAKER_16 4:21

Oh, that's gonna be celebrating the fact that he was the first black president elected in this country in 250 years.

SPEAKER_03 4:31

By the Venezuelans.

SPEAKER_16 4:34

And the other thing I'm gonna do to celebrate the birthday of America is come November, I'm gonna show up and I'm going to vote to vote Republicans who are having putting no accountability on this administration. I like that.

SPEAKER_03 4:49

I'll tell you, these ladies on the view are hilarious. So they had a I don't know who it was, but they were gonna have some Republican guests on. And they were like, we really need to control the questions because a lot of times these Republicans just like to go off the charts. It was like a lot of times these Republicans, you've had 98 guests out of the last 100 that were Democrats. Like, you don't even have conservative guests on. What do you mean? All the Republicans always do this. You have them on so rarely that you can't even do a case study. Well, you can't, Taylor.

SPEAKER_05 5:16

They just go off the rails.

SPEAKER_03 5:17

So have you seen some of the violence and rioting around this Knicks playoffs games? Um I saw one guy that running around punching people. Oh my goodness, they've like burning buses in the streets. Like it's bad. It's it's yeah, the Knicks maybe not NBA championship material. They won, right? Their fans are pure turning out to be worse than Philadelphia fans. Like they won, right? I don't know. I don't care. Like, I don't even know who they were playing, which is odd because we're kind of an NBA family, but the Knicks made it to the playoffs, and the only reason I know that is because you've got all these people on TV wearing Knicks gear all of a sudden. Like suddenly they care. Gentine, good morning, everyone. Glad you made it. Anyways, what a what a crazy joke. So the Knicks, yeah, the Knicks fans are probably turning out to be about the worst fans in the country, just absolute rioting after their games. It's crazy. So the other thing about that UFC fight, right? A lot of people are talking about how that was desecrating the grounds of the White House. Oh, the sacred grounds. I I always think I've heard that argument, and we haven't covered it the last couple days because the UFC fit event now is a couple days back, but it's just like this this ultimate hypocrisy of the left.

SPEAKER_05 6:28

Yeah, and it's kind of projecting like it's some kind of a temple or something. Yeah, like it's some kind of a temple. Sacred ground.

SPEAKER_03 6:35

I'll remind people, you know, 50 plus, maybe up to 70% of this country identifies as Christian. And even though we're very accepting of our neighbors and your weird Uncle Bob and their odd lifestyles, right? Yeah, we're we're wildly accepting. But if we're gonna go down the route about hallowed spaces and sacred ground and the symbolism of things, maybe the Biden administration should have thought twice before they had the transgender

Sacred Grounds And Culture War Optics

SPEAKER_03 6:59

day at the White House, pride days on the White House.

SPEAKER_07 7:01

Trans people deserve health equity. Trans people deserve to see trans joy in the media. Trans people deserve to exist peacefully.

SPEAKER_13 7:08

Trans people deserve autonomy. Trans people deserve to be loved and believed. Trans kids deserve to be kids. Trans people deserve to exist without the joy. Trans people deserve to grow old. Trans people deserve strength. Trans people deserve access to the sports they love just like everybody else. Trans people deserve a spot on the platform. Trans people deserve equity. Trans people deserve celebration. Trans people deserve to know they are sacred. Trans people deserve the world.

SPEAKER_14 7:34

Trans people deserve everything. This month, and especially today, at White House Pride, my first time here. I want to be reminded of the joy this community holds, of our resilience, of our power.

SPEAKER_03 7:45

You know what I saw? I saw a bunch of gay people right there on the White House ground. There's a lot of gay people. That is just a joke. Like, I remember being in prison in Philadelphia when this was happening, and of course, CNN was playing clips. And you had these black guys. I mean, I remember one guy named Max. I can only imagine what they were saying. And they're what and Max like hated Donald Trump and was super cool, like, really loved Democrats. Like, he's just one of those old school black guys, like, you know, I don't know, just completely in on the Democrat Party. And he's sitting there watching this thing. He's like, Doug, you were there with us, Doug Wyatt in the chats. He was there with me. He's like, nah, this is bullshit, man. That's not, that's, that's not, that's not, that's not the Democrats. Like, nah, this is this is bullshit. Like, like, they're totally like, what the what the blink is that? And we're like, dude, Biden has like a couple transgenders in their cabinet. Nah, nah. Like, total denial. Total denial. It's like one of the most homophobic communities you're ever going to find. It's the the black community. They were so not down with it, man. It was it was pretty funny. Uh Frazier says JD Vance is supposed to be on the view today. Oh, that's gonna be interesting. So the other thing with this UFC fight, and I don't know what the make of this, Ron.

The Thwarted Drone Plot Questions

SPEAKER_03 8:59

I don't know what the make of this. I don't know if it's just par for the course. Like every time there's a big political event, there's a potential terror attack that's thwarted. I I'm not really sure, but apparently there was a drone attack at this UFC event that got thwarted by the by the uh FBI.

SPEAKER_02 9:13

This breaking news just into the Fox Newsroom, the FBI disrupting this alleged plot, targeting the UFC Freedom 250 event at the White House. Officials telling Fox a network of nearly two dozen potential plotters were identified with at least five people in custody right now. The suspects allegedly traveled to Fredericksburg, Virginia to make final preparations for the attack. And the alleged plan allegedly included explosive-packed drones hitting buildings near the event, forcing a mass evacuation, and then steering crowds, get this, toward a pre-staged sniper team. A second wave was then planned to storm the White House gate. The FBI first learned of the threat on June 10th and worked with law enforcement across multiple states to stop it. FBI director now saying, quote, we are built to detect, respond to, and bring to justice those who threaten the lives of American citizens, particularly during large gatherings like the historic UFC 250 fight. That's exactly what we did here. Over 4,300 people were in attendance for UFC 250, which included 1,200 service members. Luckily, nobody was harmed during the FBI's takedown. The event went off without a hitch.

SPEAKER_03 10:40

Nobody was harmed in the creation of this entrapment plot.

SPEAKER_05 10:43

Yeah, that's exactly what I was thinking. Where they said five of them were arrested. I was like, huh, let's do the math and find out how many FBI informants there were.

SPEAKER_03 10:53

With 18 informants and some SPLC funding, we were able to plot the UFC terror attack. I don't know. I don't know, right? This is what's so difficult about stuff like this. On one hand, we're like, yes, thank you. Keeping us safe. Like, that's what you're supposed to do. Go catch the bad guys. And then we're gonna like read the case files. We're gonna be like, this whole idea was planted in the brains of these autistic guys by some FBI agents looking for a big, a big payday, a big, a big plot to disrupt. It's like it kind of screams out Gresham uh Whitmer kidnapping plot, you know what I mean?

SPEAKER_05 11:26

Like exactly.

SPEAKER_03 11:27

I don't know. But then again, I don't know, maybe there were some real terrorists out there. I have no idea. The other question I have is you know, we detected this plot. I'm like, how did you detect it? Was there like an FBI snitch? Did a good person call in and give you a tip? Or is this like FISA, you're always spying on the American people type of tip? You know what I mean? Or did you create the the tear cell yourself?

SPEAKER_05 11:51

Did you turn in the receipts for the turkey baster and the timer?

SPEAKER_03 11:54

Yeah, the timer and the DGI drones. Right. Exactly. We're gonna find out the drones were actually inoperable.

SPEAKER_04 12:02

You know, it's like okay.

SPEAKER_03 12:04

Oh man. I don't know. I I I don't know what to think about that, but my trust in law enforcement and the FBI is pretty low.

SPEAKER_05 12:12

I wonder if that drone had a limp.

unknown 12:15

Did the drone have a lip?

SPEAKER_03 12:17

Drone operator lived in his grandma's basement. So another huge thing happened

Gavin Newsom Claims A Hit List

SPEAKER_03 12:22

yesterday.

SPEAKER_07 12:22

All right.

SPEAKER_03 12:23

Guess what? Gavin Newsome is big mad because turns out the FBI and the DOJ are sniffing around his house, his wife, his kids, his friends and family. And uh, so he's pretty dang certain he's on Trump's hit list. Listen to this. This is a press conference speech he gave after he found out that he's under DOJ criminal investigation.

SPEAKER_22 12:48

In recent days, federal agents have knocked on the doors of family friends and former employees. Not because they found a crime, because they're simply trying to find one. They're demanding records, they're abusing the grand jury process, digging through years and years of random documents. Donald Trump isn't just coming after me because of my years and years of random documents.

SPEAKER_05 13:13

I don't think they're random, bro.

SPEAKER_03 13:14

They got bookkeeping entries per an NDA settlement going on. Like 34 entries. This is uh like projection much. You know, I mean, totally projection much.

SPEAKER_22 13:27

I mean tweets. He's coming after me because I'm considering running for president because he hates that I consistently called him out over and over again for his lies and deceit. Donald Trump is simply the most corrupt president in American history. He's turned the levers of government into his own personal power ministries to reward cronies and to try to jail his opponents. His personal attorney now runs the Department of Justice, which has repeatedly gone after his political enemies. Sent them after James Comey, Chis James, Adam Schiff, he sent them after Tim Waltz and a woman that a jury found Donald Trump had sexually abused. One by one. Anyone who has challenged Donald Trump, I'm actually surprised he said that.

SPEAKER_03 14:20

That's just not accurate, right? He was found liable of sexual abuse, which by the way, so are you, Ron. We're all liable of sexual abuse.

SPEAKER_05 14:28

Oh no.

SPEAKER_03 14:29

It's not adjudicated or anything, but you're liable. You could be sued.

SPEAKER_22 14:37

Oh boy. After calling for my arrest last year, Donald Trump directed his Department of Justice to investigate me. And just in the last week, I've learned that his campaign has reached my own home to get me. He's coming after my wife, Jen, public servant, a woman who's dedicated her life to supporting women and girls. Someone who has done nothing wrong other than having the temerity to advocate for what she believes in. They can't intimidate me, they'll go after the mother of our children. Donald Trump picked the wrong target. We have nothing to hide.

SPEAKER_03 15:17

Any chance when they raided his house, they went through your wife's panty drawer? Because they did that to Melania, just FYI.

SPEAKER_22 15:23

Because political operatives can take every record and read every page, but they'll be looking in the wrong place. Because if they really want to find corruption, look no further than 1600 Pennsylvania Avenue.

SPEAKER_03 15:36

Donald Trump circa 2021 to 2025. I see what you're doing there. In fact, you might even find some crack cocaine in one of the lockers, right? In the White House.

SPEAKER_22 15:56

10% for the big guy, anybody? 10% for the big guy for approval of his golf courses, day trading behind the resolute desk, reaping hundreds of millions of dollars in personal profit. He's doing it openly. He's doing it on camera. He did it last night on the White House law. He's doing it through cryptocurrencies. He's doing it through the receipt of a $400 million private jet from a foreign government that he plans to keep when he leaves office through his son's ventures in countries where his own administration is simultaneously making policy. His personal fortune is skyrocketed by $4 billion since making his return to office. This is the behavior of a regime, not a republic. The White House has become a marketplace, a marketplace for sneakers and coins and watches, cologne, guitars, Bibles and phones, influence for sale, access for sale. And today, my family Listen, you're just jealous.

SPEAKER_03 17:01

He's just jealous because he didn't have all those good ideas. Yeah, but all that's good.

SPEAKER_05 17:05

You need to just start a Twitch stream and just keep doing this. Just go, just run. I I really like it when you pause the stream because when you come back, it's always fun to see what the first word comes out of his mouth is.

SPEAKER_22 17:23

Donald Trump, who I know is watching because he watches everything. I have a message for you. You can my records, you can investigate me, you can harass me. Put my name on every and any enemies list you have. But leave it. Sounds like a great idea.

SPEAKER_03 17:40

Harass, investigate, put on the enemy's list.

SPEAKER_22 17:43

All right, let's do it. My wife and family out of your personal vendetta.

SPEAKER_03 17:48

That's my safe haven. That's where I shelter all my urban.

SPEAKER_05 17:51

Hold on. That was Will Smith's line.

SPEAKER_22 17:55

Take her name out of your hand. Say something to my wife. These times are not normal, they're not ordinary. I love you, and I'm sorry he's doing this. You have not earned a single one of the indignities that he's trying to inflict on you and our children. And to Donald Trump. This country, this country does not belong to you. It does not belong to your cronies. And we're going to fight your lawlessness. We're going to continue to remind the people of this country of your corruption. That same corruption our founders warned us against as we move to celebrate our 250th anniversary. I'm going to keep reminding Americans of what they warned would happen if a man with no character ever held the office of presidency. So let me say it again. I'm not going anywhere. And the country is watching.

SPEAKER_03 18:52

Oh man, I I have very low expectations that Republicans are going to do anything. This investigation, apparently, it started under Joe Biden. Now, we've put governors in prison before. Look at the state of Illinois. They've had a series of them go to prison. Most recently, Rod Lagoyovich for what? Selling a Senate seat. I have a feeling the political leadership in California has done more than just sell a Senate seat. You know what I mean? Like I got a I got a feeling that this is this could get to be something pretty big.

SPEAKER_05 19:24

Now there was a search around for evidence or something.

SPEAKER_03 19:30

There's a little bit of a follow-up news report. This was done by KCRA and News, and they're they're following up on exactly what is the nature of this investigation into Gavin Newsom and his wife. But before that, Jay in the chats, God's Army Bratt says, You mean to believe that the FBI has yet to fire the old deep state agents? Yeah, that's pretty much it. Uh God's Army Aunt Nancy, Aunt Nancy will save him. Yeah, it's impossible. It

What The Investigation Might Be

SPEAKER_03 19:53

could be possible Aunt Nancy will save him. Pony Buddy, they should go down for taking all that money that was donated to the California Fire Relief. Gosh, you know, it's like one thing after another in California. And it is, it's everywhere, Ron. I mean, yesterday we even featured a little scandal here in Kitsap County, which we'll follow up with with a with a separate episode after this one. But, anyways, so the DOJ is investigating Governor Newsom and his wife.

SPEAKER_18 20:15

Okay, there's a lot to unpack here, but off the top, as of right now, Monday, June 15th, neither Governor Gavin Newsom nor his wife, Jennifer Siewel Newsome, have been subpoenaed or arrested by federal authorities. Governor Gavin Newsom released a video this morning announcing that he is under investigation and his wife by the U.S. Department of Justice. He essentially said it's at the direction of President Donald Trump and Todd Blanche. I've heard from multiple sides of this, including several sources close to the situation. Here's what we know. Now, this all apparently started with the banks associated with the nonprofit organizations and businesses that are associated with the governor and his wife. Apparently, these banks were subpoenaed for the financial records of these entities. Now it's not clear exactly which ones as of tonight. Then last week, according to the governor's office, more than a dozen people associated with the newsoms were either approached or interviewed by the FBI. Family, friends, former employees, associates. Now, sources who spoke to me on the condition they remain anonymous told me that it's not the Department of Justice in Washington that's investigating him. It's the Eastern District of California, the U.S. Attorney's Office here in Sacramento, that is. Apparently, there are multiple investigations that started a year ago from whistleblowers who provided information to the U.S. Attorney's Office here. Now, this U.S. Attorney's Office is the same one that has been prosecuting this case against Governor Gavinusome's ex-chief of staff, Dana Williamson. Williamson just took a plea agreement in that whole situation, and one of my sources said that one of these investigations is related to her and other governor's office staff. I talked to her attorney, McGregor Scott, who said this was the first he's hearing about all of this. Now, the source close to the investigation said that another investigation involves the taxes of the nonprofits that Governor Gavin Newsome's wife oversees. It's not Clear which ones, the source did not get specific and couldn't tell me more beyond that. A lot of people online I'm seeing are saying that this is an investigation that started with the Biden administration. When the governor's ex-chief of staff was being indicted in November, which is an investigation that started with the Biden administration, the governor's office had said at that point that the governor had not been approached or interviewed by the FBI and he was not aware that he was involved in any investigation that they were looking into, at least. So this morning's video is really the first time that he's saying that any information involving him may be underway. We reached out to the White House for comment. They deferred to the U.S. Department of Justice. The U.S. Department of Justice declined to comment. I also reached out to the U.S. Attorney's Office here in Sacramento, the Eastern District. They also didn't respond. Now, to possibly prove that this was politically motivated, the governor tonight submitted a Freedom of Information Act request to the U.S. Department of Justice in Washington, D.C. He's looking for specifically texts, emails, messages, signal chats that could have the terms Gavin Newsom, Newsome, Jennifer Siebel Newsom used by they should include new scum. Any of the department's leaders under President Donald Trump. What happens next legally on either side? Stay tuned.

SPEAKER_03 23:12

Okay. So Gavin Newsom's chief of staff was arrested and has taken a plea deal for like tax evasion, you know, all the standard white-collar crime list, you know. But apparently that investigation has spilt over into Gavin Newsome's office.

SPEAKER_05 23:30

Okay, what are the things that are? And then he's projecting that it is that oh, this is Trump doing it. Not really.

SPEAKER_03 23:47

I don't know. Just tamp them down a little politically. That's I don't know. Until we see the accountability and actually see an arrest, it's yeah, you know, it's hard to know. But the fact that his family, friends are being reached out to and approached at this point probably means they're in the final stages of setting their perjury traps and whatnot.

SPEAKER_05 24:06

You know, when we played that earlier clip about the UFC and how the FBI was doing their job and finding accountability, I was like, oh, that's a little cringy.

unknown 24:15

Yeah.

SPEAKER_03 24:15

But at the same time, we're like, can you get some accountability over here? We know they stole money.

SPEAKER_05 24:21

Well, that's what I'm talking about. It's like the accountability that they were like waving the flag on. I was like, huh, you guys need to quit waving that so hard. You know, if you guys want to talk about accountability, let's get going. Yeah, let's let's go here.

SPEAKER_03 24:33

You battled off five names that are on Trump's enemies list. I got about 3,000 of them from the last four years I could point to and be like, yeah, I didn't even know I was a Biden enemy.

SPEAKER_05 24:44

And you're not moving on any of them, but you can get a drone. Good job.

SPEAKER_03 24:47

You can be at my house within a week, but you can't, you know, some of these guys, it takes years to put together the case. So this is uh MS Now, they reacted to this again. This is in a normal world, Ron. This is earth-shattering news. The governor of California, one of the largest economies in the world, is under investigation by the FBI. Like, this is where there's smoke, there's fire, right? It used to be if you were getting investigated, it was like, oh my gosh, they're guilty because our system is so perfect, nobody ever gets investigated that hasn't done something wrong. Right. This is the old idea. But see, now, because if it happened to us, we now have to hold the mirror up a little bit and go, is this politically motivated or not? Our bias says no, they're guilty of sin, go get them.

SPEAKER_04 25:34

Right. Right.

SPEAKER_03 25:35

But at the same time, you know, we haven't seen any indictments. Why is it? Because in a lot of ways, these guys have legalized their crimes.

SPEAKER_05 25:42

Yeah.

SPEAKER_03 25:42

Right? They've made it to where you can't come after them because it's legal to do whatever shenanigans they're doing. That's why it'll be interesting to see if it all boils down to like some tax issues. You know, you did your accounting wrong, go to jail. That's like that's the Al Capone model, right? Right. So this is MS Now opining on the significance of this Gavin Newsom investigation. Once Trump came into office. We don't know which bucket this is.

SPEAKER_24 26:06

All right. So, Mike, one of the um uh details uh in the New York Times article and and what Mr. Newsom's office has said is that the investigation is a fresh attempt to smear him after the federal prosecution of his former chief of staff revealed no misconduct by the governor. The former chief of staff, Dana Williamson, pleaded guilty last month to three felonies in a sprawling corruption case. Has this been a big story out there in California?

SPEAKER_11 26:32

It's been an extremely big story here in the Sacramento community where people are absolutely worried about being targeted, not just the elected officials, which is clearly the case. We're also witnessing, by the way, uh Trump's Department of Justice um making these allegations about widespread voter fraud and that other uh, you know, um indictments will be coming on that front from the U.S. attorney in Southern California. But from a staff perspective, people I think are increasingly there's a chill that's being sent out recognizing that if you're involved in politics in the United States of America, that could come with a price now.

SPEAKER_24 27:07

This I imagine, you know, having dealt with the Newsoms um and having obviously witnessed all of his statements on camera and whatnot, I've seen them in interviews. This shouldn't, this was not a this must not have been.

SPEAKER_03 27:19

What's the look on her face here? Is is this a look of like genuine perplexity, or is she is this a look of concern? Like she knows these guys stink to high heaven and they're being investigated, and it's it's her political side of the aisle. This is a bad look, or is she like what's the look here? I mean, look at look at her face as she says this. Like, I'm I'm not quite certain what read to get off this.

SPEAKER_24 27:45

And having obviously witnessed all of his statements on camera and whatnot, I've seen them in interviews, this shouldn't, this was not a this must not have been a surprise to them. As somebody who goes up against Donald Trump, there is now an expectation that if the administration wants to, they're gonna find a way to make your life uncomfortable. Again, we've seen this with so many people, we've seen it with Letitia James with that.

SPEAKER_03 28:07

Rudy Giuliani, we saw it with Carter Page, we saw it with George Papadopoulos, we saw it with should we keep going?

SPEAKER_24 28:15

Adam Schiff with Chris Krebs, um John Brennan. I mean, the list goes on and on and on. If you are a notable figure in uh pushing back in weaponization of government the last decade against Donald Trump's efforts to either overturn the election or to get him impeached or to run, that's me. She included me to overturn the election. I was included in the run against him or the party, then you're gonna be somebody that they're gonna look pretty closely at, and not just politically, but with the full might of the federal government and the Department of Justice, Mike Madrid. The chill that you're talking about doesn't stop people from running, does it stop somebody like Gavin Newsom from running for office?

SPEAKER_11 28:58

I mean, that's a great question. When you bring in the awesome power of the federal government, it changes the dynamics entirely. This is a lot different than you know, running uh for a state legislature or school board office where the politics get messy, complicated, and mean and nasty. This is extraordinary. Let's remember where this began. This began when Donald Trump called Zelensky and tried to blackmail him essentially, uh, hold up the future of his country by forcing him to begin investigation on Joe Biden.

SPEAKER_03 29:26

This is this is part I love this enemies list. I do. Lisa Cook wasn't an enemy of Donald Trump. She just committed mortgage fraud. She wasn't an enemy of Donald Trump, she just committed mortgage fraud. Letitia James, okay, enemy of Donald Trump, mortgage fraud as well. John Brennan, yeah, CIA director. Uh Adam Schiff, we all know what's going on there. Jerome Powell wasn't necessarily an enemy of Donald Trump. I mean, Trump really wanted him to lower interest rates.

SPEAKER_05 29:55

No, he's just one of the levers.

SPEAKER_03 29:57

Cassidy Hutchinson, perjurer, liar, clearly. Jack Smith, okay, enemy. Miles Taylor, he's the anonymous author that acted like he was Trump's best friend. Turns out he was like an outside staffer. Uh Chris Krebs, okay, he's the one who basically green-lit the uh ballot shenanigans. John Bolton, okay, indicted, accepted a plea deal, kept classified information, said Trump should go to prison for having classified information. So, you know, you reap what you say. Uh Fannie Willis, okay, enemy. George Soros, mega donor, enemy. Okay, I get it. But come on, man. Really?

SPEAKER_11 30:32

Parcel of how the Trump administration works in politics today. And the reason why he is coming after Gavin Newsom, as the governor mentioned, is because he views him as a threat. They view him as the most significant threat to their power structure. It does have an unintended consequence of, I think, rallying the democratic base around the person who is being uh prosecuted or attacked. Um, but the question becomes whether or not there's enough of that in this country to prevent, again, a president who is untethered, unanchored, and commands this extraordinary awesome power that the federal government has to make people's lives a living hell. And that's the objective here.

SPEAKER_24 31:13

Donald Trump had said in June of 2025, back when uh a lot of the immigration protests were happening in Los Angeles and the Border Tsar was sent down there, that he personally, Trump said, would arrest Gavin Newsom if he were Border Tsar Tom Homan. Um, this is, by the way, hours after Tom Homan said that there'd been no discussion about arresting Newsom. I mean, the beef between these two men goes back years, years. I mean, there have been brief moments of respite, but there's been a jockeying for the upper hand between these two men for a long time, Mike Madrid. And Newsom, especially recently in the past year, has been seen as the lead figure in the resistance against Donald Trump, really going at him in a way that nobody else has, especially, especially online, trying to mock him the way that Donald Trump mocks everybody with his social media. Even showing up, frankly, at Davos and standing in the crowd in Donald Trump's eyeline. Um, it seems like the intention has been for Gavin Newsome to really roll the president of the United States.

SPEAKER_11 32:21

Katie, that's exactly right. And I think all of those reasons are why the president is acting and behaving the way that he he is. This president has a tell when he's afraid of somebody. He attacks them. And um, Gavin Newsom has shown no fear. He's gone at him. He's tried it in a statesman way, as you mentioned from some of those early attacks. When the ice raids came, he changed his tone and tenor decisively and began trolling him using the same techniques and tactics and beating Donald Trump as at his own game, uh, all the way until Proposition 50, and saying if you're going to do mid-decade redistricting, you we're gonna beat you at your own game. And he has consistently beaten Donald Trump to the point, as you just mentioned, he's become essentially the front runner for the Democratic Party or the tip of the spear of the nationally. And that that I think is is why the fear from the White House is leading him to begin this type of investigative activity.

SPEAKER_24 33:17

So the one difference here, and I'll make this point, and you tell me if I'm wrong.

SPEAKER_03 33:21

So, from my perspective, Gavin Newsom, though the Democrats may view him as the front runner, they're like tip of the spear. Uh-huh. He has no credibility around the country. Like, I don't I don't think there's local Democrats who are like, Oh, I wish we had a governor like Gavin Newsom that would go to the French laundry without a mask or social distancing while we're in lockdown. You know, I just doesn't I don't see that as like if that's the best they have, we don't have a lot to fear.

SPEAKER_05 33:49

Yeah, I mean bring him on.

SPEAKER_03 33:51

If that's the best they have, we don't have a lot to fear. But at the same time, Gavin Newsom, he's one of these political characters that's wildly, wildly chameleon-like. He will be whatever you need him to be.

SPEAKER_05 34:06

Oh, yeah.

SPEAKER_03 34:07

I don't view him as anybody who has any particular like skill sets. You know what I mean? Like he's not someone that strikes me as like he's a good legislature. He's just he's whatever the puppet masters need him to be. He's like silly putty. Yes, he's like silly putty. He's whatever the puppet masters need him to be at the money moment. Now, we do need to be concerned because the Democrats are planning a comeback, right? They're looking at the midterms, thinking they can take the House, maybe even take the Senate. Oh, yeah. Raphael Warneck, who's one of these senators from Georgia, who I believe in 2020, 2021, excuse me, got it got a stolen seat. That's my opinion. I believe Georgia was stolen in 2020. And along with the presidency electoral college votes, so went the senators as well. Okay. Now there was a turnout issue when it came to the runoff election, and I don't remember if he was in it or Osoff was in it. There was a turnout issue amongst Republicans, Republicans. Admittedly, we're very defeated after the 2020 election, right? Admittedly. But nonetheless, that doesn't take away all the fraud that seems to happen in Georgia. But here's what would happen to the Supreme Court if the Democrats regained

Court Packing And Gerrymandering Talk

SPEAKER_03 35:12

power.

SPEAKER_20 35:12

Because some of your colleagues and fellow Democrats are calling for adding additional seats to the Supreme Court. Would you support that? Would you vote to add additional seats to the Supreme Court, Senator?

SPEAKER_12 35:28

I think we have to look at what's happening in our country because it's very serious. Donald Trump, in this most recent uh iteration, began this terrible race to the bottom that we're seeing with gerrymandering by calling into Texas and saying I need five more seats. The Supreme Court then poured fuel on that fire. And with a vengeance. Politics is a big fire. People are literally casting their votes. We're seeing state legislatures led by craven politicians race to try to play with the lines, to jemmmy rig the outcome in order to make it impossible for ordinary American citizens to hold their elected officials accountable at a time where this economy is not working for us. And the Supreme Court uh continues to undermine its own credibility. I think that all options have to be on the table. We definitely need reform to this court. We need a code of ethics, and uh all options at this point uh have to be on the table.

SPEAKER_20 36:31

So that includes adding seats and or term limits.

SPEAKER_12 36:37

All options have to be on the table.

SPEAKER_20 36:40

Okay.

SPEAKER_03 36:40

Senator, let me these guys want to blow up the system because the system's not working for them anymore. It's not working for them. These nine guys on the Supreme Court. We just can't pack the court enough. We haven't gotten enough people in. It's actually kind of interesting that it's very fortunate that Barack Obama only got one appointment to the Supreme Court and Trump got three. It's very, very convenient. It worked out well. Now, the Democrats have been riding high on this idea that they're going to get into office. God's Army Brat 944 says they, all in office, are guilty of a list of things. Question is, what are they going to put forward? No matter who is in that office, they are going to cry, it's political and do it anyways. Yeah, it's amazing the amount of cover you can get if you're in office. And this goes both directions, Republicans and Democrats, especially when it comes to the topic of money.

SPEAKER_10 37:32

Right?

SPEAKER_03 37:32

Like you can do insider trading all day long. There is, however, the one state representative that resigned recently because she was indicted for stealing five million dollars worth of COVID fraud. Hey, listen, House of Representative members, pigs get fat, hogs get slaughtered. So do your insider trading. Don't steal money from the government, right? I mean, you can steal it from the market, but don't steal it from the government.

SPEAKER_05 37:53

Yeah, steal it from the people, not the government.

SPEAKER_03 37:56

Yeah, steal it from the people, not the government. Duh. Don't you know that? You know, in what you know, here in Kitsap County, if someone were to break into your house right now, the cops wouldn't even come out and investigate it. They would send you to the online portal where you can report the crime, get your case number for your insurance payout. But they are they are so down on staff, they're not investigating most property crimes.

SPEAKER_05 38:19

Yesterday, did you hear the notice that came out that the 911 call center was not working here in Kidsap County?

SPEAKER_02 38:25

Are you kidding me?

SPEAKER_05 38:26

No, it's the first time. I was like, you know, I'm not a I'm not a guy here, I'll put myself on camera. I'm not a guy that normally uh I shouldn't even say this. I'm not a guy that normally conceals carries. But if 911's not working, I'm carrying.

SPEAKER_17 38:43

Oh, dude.

SPEAKER_05 38:46

No kidding. I mean, who are you gonna call? Nobody.

SPEAKER_03 38:51

Yeah, nobody. It's not good at all. Um, okay, so the the Harry Enton as C.

SPEAKER_05 38:59

And I thought that that was really weird that the 911 call center just quit working the day after all these people decided to quit. Okay.

SPEAKER_03 39:06

That is weird. That is weird. Now they're still in office until the 26th, right? But yeah, it is a little weird. Uh, by the way, we have an update on that. We're gonna do that in its own stream after this show. Oh, the Kitsap County situation.

Midterm Polling Reality Check

SPEAKER_03 39:19

Okay, so Harry Inton had to throw some cold water on the Democrats on this idea that they're just gonna walk in to the midterms and take the House, take the Senate.

SPEAKER_21 39:28

Politics is a big part of this. You know, UFC's audience is 68% male, and most of it's under age 54. It just so happens that men under age 54 or under age 50 are a key target demographic for Republicans in this election. Trump won men by midterm election. So Democrats that's the wrong clip.

SPEAKER_03 39:45

Wrong clip.

SPEAKER_05 39:46

Let me see if I can find it right. We played that one yesterday, and I was like, man, I'm in their demographic heart.

SPEAKER_03 39:54

Let's see. Harry Anton was talking about polling is not as good as uh as you'd think. Uh where's the We all kind of know that, though. Yeah, we have an intuitive feeling about it. But the polling, you know, it's all over the place. It's hard to know. Okay, here we go. Here it is. I got the clip. I got the clip. So Harry's here's Harry an edge, but can't compare chief data analyst, Harry Etten is here.

SPEAKER_13 40:23

So what are the warning signs here?

SPEAKER_01 40:25

Yeah, I think the warning sign is this Democrats have an edge, but can compared to what we see historically, it's really not that big of a lead. I I mean, just take a look here. Okay, this is Congress National June polls, dem leads, and this is NBC News midterm years with the GOP press. Look at this. They're up by five points, but that's half the lead they had back in 2018 when it was 10 points, and less than half the lead they had back in 2006 with 11 points when Democrats took back the House in both of those years. And now the Democratic lead is on a single hand. One, two, three, four, five points. And it's this type of lead where you say, you know what, Democrats are ahead, but don't count your chickens just quite yet.

SPEAKER_15 41:06

And Harry, we've been talking about this. As as time goes on, you and I have kept on looking at these numbers, saying it just doesn't look like the numbers we've seen when there have been waves for Democrats in the past. What are the trends in the other polls?

SPEAKER_01 41:17

Yeah, okay, so this is not just one poll in which we are seeing this. There is this group of pollsters that are out there that are just not showing the wave you might expect, given where the president's approval rating is. Okay, what are we talking about? We're talking about NBC, Market University Law School, and Ipsos. Look at where they were January and February, and look at where they are May and June. NBC, down a point. MU law, down three points. Ipsos basically staying the same. So the Democrats hold these leads, but again, you have this group of pollsters that are out there with this lead, simply put, is not matching what you might expect if you're expecting a democratic wave.

SPEAKER_15 41:52

And that's sort of in a vacuum. What about in a year where Republicans have already made significant gains in terms of redistricting?

SPEAKER_01 42:00

Exactly right. So you might say, hey, the president's approval is way down low. You expect Democrats to be way up high, especially given him in the record lows because of the Iran war not happening. And then you put in redistricting, Democrats in the national house vote. Look at this, needed to control with redistricting. We really think the Democrats need between a three and four-point advantage in the national vote. You average those polls together. We just saw on the last screen, Ipsosem, you law on NBC. It's right on the border there. It's right on the border. It is no guarantee. It is far from a guarantee at this point if you believe these pollsters.

SPEAKER_15 42:30

Very tight. Now, what are the prediction markets saying about Democrats' hopes to retake both chambers?

SPEAKER_01 42:35

Yeah, okay. So then you take a look, okay, you look at the cashier prediction market, chance to win number terms. Look, Democrats clearly have the advantage at 78% chance, but that's far from 100%, right? That's a one in five, more than a one in five chance Republicans hold on. You look at the Senate, the GOP still has the edge there. More likely than not that the GOP holds on to the Senate, according to cash prediction markets. So basically, I'm putting out this warning sign. These are the warning signs, right? Yes, Democrats probably take back the house, but it's far from a guarantee, or we are not going to get caught like in past years. We ignore those polls that had those warning signs.

SPEAKER_15 43:06

Stand by. We need more information on this, but it's a trend worth watching. Harry Ann, thank you very much.

SPEAKER_03 43:10

I tend to think that the redistricting, like, how do you poll the redistricting? A polling company would have to spend so much money to pull the individual districts. They do just national polls. 1,500 people, they've they extrapolate what the national you know preferences.

SPEAKER_05 43:25

Right.

SPEAKER_03 43:25

The problem is, is as we know, that's very weighted towards the city. It's always weighted towards Democrats. Individualists, Republicans, conservatives, do not like to take polls. Period. Okay. You're not going to catch a farmer out in his field at noon taking a poll. No.

SPEAKER_05 43:42

And absolutely.

SPEAKER_03 43:44

Don't call my house. You collect call. You know, I'm having dinner. I'm watching my stories. Okay. It's not happening. Democrats are way more likely to share their opinion. It's just the way it's kind of always been that case. So polling always has a skew towards. the Democrat Party and the national polling, especially because you're more likely to get a poll of people in the city.

SPEAKER_05 44:05

I think a Democrat, I think Democrats look at polls as their patriotic duty.

SPEAKER_03 44:11

Yeah. This is my vote, right? This is my vote. As long as I can cede the guys, sight, zeitgeist with my support, it'll always go my way. Exactly. So that's a good thing that they're not in a position where it looks like they're running away with it because it creates plausible believability that the Democrats, that the Republicans can win, which I do believe they

Iran Ceasefire And Israel Tensions

SPEAKER_03 44:30

will win. Now, with the Iran war apparently wrapping up, there has been a docu sign, a digitally signed document between the Iranians and the White House for this ceasefire Pell, you know, we we have an electronic signature supposed to meet this weekend, I think in Switzerland, and actually signed the deal wet ink. That'll be really interesting. So Ari Ben Menashi, he's a former Israeli intelligence officer. Now I don't put a ton of weight on this who knows what level of intelligence officer he was. I mean it could have just been an operative like play like like uh Buck Buck Sexton, you know, used to be a CIA agent whatever. He was a paper analysis analyst all over the place, right? Not necessarily like someone who's sworn in into the deep state cabal, you know what I'm saying? Yeah, but this guy's assessment is Netanyahu is going to do anything he can to derail these peace deals.

SPEAKER_10 45:24

If there's a real deal between the Americans and the Iranians and it's going towards that, Netanyahu will try to sabotage it. One of the ways you'd sabotage it is by putting out Epstein material against US government officials including Trump.

SPEAKER_09 45:45

And he put it out there new material that wasn't seen before in the pup in public.

SPEAKER_00 45:56

So it's not just Trump. I know that uh Howard Lutnick is mentioned there are other officials.

SPEAKER_10 46:03

And not not just Trump other officials too. Yes. And um he'll try to sabotage the whole uh uh negotiation and deal that this that would uh be that they're trying to make together if okay I don't know what you heard there but I heard one thing Israel was behind Epstein.

SPEAKER_03 46:29

If Israel's got the Epstein information either they got it from the Southern District of New York or they got it from Epstein himself. But that is an interesting take that Netanyahu's going to do everything he can to try to block this peace deal which is kind of what it looked like the other day when Netanyahu and Israel ended up attacking Beirut in the the the under the idea that they're going after Hezbollah. Now I'm not saying Hezbollah didn't attack but the timing of this couldn't be worse right and it obviously became a huge stumbling block with with Iran and we've got the reporting that Trump called up Netanyahu what the F do you think you're doing you have no effing judgment right so Trump kind of went after Netanyahu well at the G7 yesterday so he stayed at the UFC fight for his birthday till about 2 a.m went to Andrews Airflow base caught a red eye flew over to France woke up in the morning in France and did the whole G7 fun this man is an animal. He's an animal anybody who thinks that Biden had a pep in his step and Trump is somehow falling behind early signs of dementia they're out of their freaking minds. So here's Donald Trump basically lambasting Israel and the way in which they go about going after these targets. And this reminds me of an old Kill Tony episode about the Massad there's an ex-Massad agent that or I don't know if he was IDF or Massad agent. He did a little stand-up comedy bit on a show called Kill Tony. That's where you get new comics that come up and they have like one minute to you know rattle off a couple jokes and then they kind of chat chat back and forth. And this guy told this hilarious story about Massad. It was back in the 70s but they found this terrorist in in I think it was Stockholm Sweden or wherever it was anyways he was pizza delivery guy terrorist right so in the public square they just blew off his head in front of everybody. Then six months later they found out wrong guy. Oh my God so he goes on to say like when Israel when Mossad goes after a terrorist that's in an apartment they don't just kill the terrorists they drop the whole apartment they have no problem with collateral damage.

SPEAKER_07 48:35

And Trump mentions this exact thing the expectations for Israel can this deal survive is if Israel has happened it can and you know I consider that the minor war the Iran the big one but we have that little pinprick out there that constantly rears its head you know I was very responsible for Syria and the man that's running Syria now the person that I put there along with President Erdogan and some others he's done an amazing job of pulling it together.

SPEAKER_08 49:10

He's not a boy scout but he's done an amazing job of put pulling it together and he is very good with Hezbollah not like this. I'll tell you what Israel's fighting Hezbollah too long and too many people are being killed and you don't have to knock down an apartment house every time you're looking for somebody in those apartment houses and they're not all Hezbollah that I can tell you I suggested to Israel to let Syria take care of Hezbollah to be honest with you I think they do a better job of doing it. I didn't like Syria I didn't like where two hours before we're signing the agreement that there was an attack in Beirut. It wasn't like the southern side and you know I did not like I didn't like it. But I think that you know he's he's pulled that country together amazingly quickly. He's very capable and he's been very good for me. He's protected everything that I've asked for he's done and if Israel can't do the job without killing everyone else do the job.

SPEAKER_03 50:30

Syria will do the job I'm pretty sure Trump just gave legs to the idea that Netanyahu's a war criminal yeah you don't have to take out the whole apartment not everybody in there says the law uh war crime war crime you know for the for the conservatives out there that are just anti-Israel Trump is clearly I mean he's pro-Israel but he's clearly not like let them do whatever they want and this definitely isn't a tail wagging the dog situation despite their best efforts Israel can't seem to wrangle Donald Trump even Mark Levine the great one right Trump has like hugged on stage and and and has acted like he's he's still a staunch ally unlike Megan Kelly and Tucker Carlson and the others well Mark Levine is also big mad at the situation because Donald Trump is putting the handcuffs on Israel and has murdered Israelis.

SPEAKER_06 51:23

Are we committed to protecting Hezbollah so it can continue to attack Israel and continue to brutalize the people in Lebanon this is the lifeline that Iran is depending on well if we are then this deal won't stand. It won't stand for long even during the Trump presidency Israel will not be able to adhere to what would be a suicide pact Israeli people won't put up with it with it the Prime Minister won't put up with it we should not accept it either. Who's we? Because remember Hezbollah the Jews the Jews okay we attacked us okay the Jews the Jews got it forced to defend itself including preemptively against Hezbollah in Lebanon and remember they're not at war with Lebanon they have a peace deal with Lebanon they've never been at war with Lebanon and it is said to be in violation of the deal we saw this play out earlier. Providing the Iranian regime with a strategic opportunity to attack Israel claiming it's defending its ally and that Israel violated the deal what then will Israel become a pariah will it be admonished Iran's counting on it and so is Hezbollah Hezbollah must not be in the deal it must not and that must be very clear but to me and at this stage it's not very clear is his his lapel pins are approaching the size of brooches at this point.

SPEAKER_05 52:52

Oh

Mark Levin’s Blowback On The Deal

SPEAKER_05 52:53

my gosh are huge aren't they all right Ron what do we got oh man let's do this pow it worked Access Med powered by Trenova Health is a revolutionary telehealth service that offers fast free online evaluations and free home delivery of customized compounded medications offering custom weight loss support, ivermectin therapy, hair restoration, cosmetic rejuvenation, custom ED treatments and more you can complete your visit in less than 10 minutes and there's no subscriptions or recurring fees ever. We've made getting started easier than ever simply follow the link choose the product or treatment you're interested in and then complete a quick online evaluation with evaluation within days your custom meds will arrive at your door mention rumble in the coupon code and get 10% off your first treatment.

SPEAKER_03 53:47

Phew awesome all right very cool all right so another funny thing Donald Trump said is uh he's pretty sure he can get Congress to approve this plea deal or not plea deal this uh peace deal and he's got a plan for it.

SPEAKER_08 54:00

Democrats because they're dumb people the Democrats are well what I'd like to do is send it to Congress saying you shouldn't approve it and I'll get it approved. Whatever I say they want to do the opposite it's not working too well for them by the way yeah I went I never thought about saying never even thought about it but I will I will send it to you I like the idea tell them I don't want this approved approved you know what Donald Trump do the same thing.

SPEAKER_03 54:32

Hey we're all in for mail-in ballots ballot harvesting and you could even slip up and say we've developed the largest voter fraud organization in the history of the world and uh I'm sure the Democrats right then will just get real angsty about it. Oh we gotta clean up these elections take all the illegals off the ballots might be an Idaho thing but Trump sounds like Benjamin Netanyahu now. So just this funny about Mark Levine right this is just a flashback in time back to the Putin conflict sovereignty if they give up their nukes there are no nukes there.

SPEAKER_06 55:04

There's been a phony story about American biotech centers there to develop weapons and so forth and of course the Putin wing of the Republican Party and the Putin wing of the media and the Putin wing of the Democrat Party they're all over it. Now those are old Soviet locations that the United States has located and has been trying to deal with we're not developing biochemical weapons in the Ukraine.

SPEAKER_03 55:27

What is it about these so-called American firsters in the end who are really American lasters if you think about it so turns out we did have biomedical centers in Ukraine they're not old Soviet sites and they were actively funded by the United States American firsters just love Russia love Russia America lasters. America lasts oh my goodness what a joke another funny thing not funny this is actually very sad one of America's B-52 bombers and I don't know how many of these we have this is an Edwards Airport base in California and this isn't the B-2 bomber that crashes but it's a takeoff flight but look at that one of these B2 bombers died all the crew members on board passed away oh no that is the second military flight that has crashed domestically there was another one that crashed in Idaho last this last week but it makes me wonder when they're stacked up like that makes me wonder if there's some sabotage behind enemy lines. Kind of interesting all right guys we had a short show today we are going to jump over to private and we are just going to listen to a small little bit of uh opium about Bitcoin and we are going to take a quick break and then we are going to come back and we are going to do another uh local Kitsap County story we're gonna follow up on the sheriff story and the county audits chief deputy auditor we got some updates on that story yesterday so join us for this for the next stream but we're jumping over into private we'll talk to you the rest of you guys tomorrow all right okay so this is billionaire channet palapipia I can't say his last name talking about Bitcoin and I just like this advice I just wanted to play this for you guys you know some of these guys that are you know big money people they understand the direction that Bitcoin's heading you should really look at the pattern of Bitcoin after a halving.

Bitcoin Halving Cycles And Adoption

SPEAKER_23 57:24

So here's a little bitcoin price analysis for you guys. So there's been a couple of halving cycles that have happened and I asked him to go back and look at the price performance one month after a halving three months six months nine months twelve months and eighteen months after a halving and what you notice is that there are these moments initially where essentially when you go through a Bitcoin halving people are sort of reassessing what's happening and they're trying to figure it out that's sort of what I would say is happens in the first month and roughly what also happens in the first three months. But then within six months to a year and

Military Crash Worries And Wrap-Up

SPEAKER_23 58:04

18 months of these things there are these crazy price appreciation cycles that happen. So that's what this page shows which is you know 18 months after the first halving the Bitcoin price returned 45x after the second halving it returned almost 28x and after this third halving it returned almost an 8x which is really incredible returns in such a short period of time if you go to the next page. And so if you if you graph that this is what it starts to show which is what is this price performance after each of these halving cycles. Now why is that interesting well it's interesting because on top of this halving which theoretically if history is a guide we should see some price appreciation. Obviously the other thing that's happened is we've commercialized Bitcoin and we talked about this sort of as my big prediction for 2024 which is these ETFs are really going to allow Bitcoin to cross the chasm and have its sort of central key moment, right? And so if you apply the averages and again these are just averages they're by no means predictions okay so I just want to qualify that these are this is not financial advice these are just we took these and we applied it to the price of Bitcoin and if you go to the next page you start to see what could happen if you just take the average of the last few cycles so because the first cycle was so extreme and you start to Oh so you're just doing cycle two and three here to be clear. Just the averages of cycle two and three and what you start to see is some really meaningful appreciation. And when I talk to Juances about this how he explained it which I which makes a lot of sense to me is there are a lot of countries that will never look at Bitcoin credibly even if they support it. The US may be one of those but there's an increasing body of countries that will become dual currency and they will look at their local currency and then they will look at Bitcoin and they will say both of these two things are needed. One when you're transacting on a daily basis for random goods and services and two when you need to buy a permanent asset that needs to have residual value you'll use something like BTC. And I think that's a very powerful concept and if you look at what this price chart could indicate is that if this thing starts to get to these levels of appreciation it is going to completely replace gold and start to become start to become a world reserve asset.

SPEAKER_03 1:00:40

I just thought that was kind of cool you know talking about how there's these there's an adoption element. Last night we had our first episode or not first episode our first lesson for for Bitcoin at 1776 live look I got my 1776 live Bitcoin hat today. And uh it was a great lesson but one of the things that Tom talked about was how Bitcoin is native to the internet right it's gold that has been mined on the internet just like gold in the real world the internet is its own world right and you we all understand this you can people who do online gaming you understand there's like a whole world in there that you get to portal into and Bitcoin is the native currency of the internet.

SPEAKER_05 1:01:22

Well it's the only thing on the internet that can be you know that is limited you know everything else is like Minecraft you can have as many blocks of everything you want.

SPEAKER_03 1:01:30

Yep exactly it's there's true scarcity. So okay guys that's it quick private stream today we are going to take a quick break and then we're gonna come back and we're gonna update you on this kid sap counting story. So we'll talk to you again in a couple minutes.

Closing Bits And A Comedy Stinger

SPEAKER_19 1:02:41

If there's ever going to be any progress how do you do good lady I'm the king of the Britons whose castle is that the Britons we all we're all Britons I am your king we have a king of collective we're living in a stop perpetuating autocracy and we're the working class people I'm in hey who lives in that country then who is your lord we don't have a lord what I told you we're in a narco syndicalist commune we take it in turn to work with a sort of executive officer for the week but all the decisions of that officer have to be ratified at a special bi weekly meeting a simple majority in the case of pure internal two thirds majority in the case of your king the lady of the lake in the purest shimmering same held a lot excaliber from the bottom of the water signifying problem excaliber that is what I'm kidding listen strange women distributed thoughts is no basis for a system of government supreme executive power from a mandate from the message not from some philosophy or aquatic you can't expect the world supreme executive power just got some water just because some more