Transcript
Claims
  • Unknown A
    The stock market at record highs. Are you prepared for the next downturn? Corrections can be unforgiving. Smart investors know diversification is the key to financial security. Noble Gold Investments make it easy to diversify with gold. With over $2 billion in sales, Noble Gold has helped thousands of Americans add gold to their portfolios. Open a qualified account today and receive two 5 ounce silver America, the beautiful coins as a thank you. Noblegold investments.com don't let the next correction catch you off guard. Noblegold investments.com how are you?
    (0:00:00)
  • Unknown B
    Hello. How are you? Good, good. I just want to drill in a bit about Doge and some of the what quick.
    (0:00:37)
  • Unknown A
    We've done it like five or six.
    (0:00:46)
  • Unknown B
    Times and about some of these like hiring hirings and some of the unconstitutional moves they've been making. I don't like to be more useful here. When your claim is that you're trying to like make the government more efficient and then you arbitrarily fire a bunch of people. For example in the nick for the nuclear people. They were a bunch of them were fired and then they had to get them back. You're wasting time and effort by randomly just an arbitrarily picking how to handle these cases. If your claims that you want to be efficient, you should just gov and immediately start firing people. You have to go over this with a lot more methodical effort. And that's not what's happening. And on top of that, the Doge administration is not saving will not save enough money. Even if you were to fire every single government employee, they would not even be able to get to a fraction of how much revenue we need to get for taxes.
    (0:00:47)
  • Unknown B
    That's not enough and it's not helpful.
    (0:01:35)
  • Unknown A
    I mean I want to go placards.
    (0:01:36)
  • Unknown B
    Sorry. And when you go over those placards you can just, you can flash them.
    (0:01:38)
  • Unknown A
    And say that like I mean $15 million. Yes. For equity assessment programs. That's a lot of money.
    (0:01:41)
  • Unknown B
    No, it is not in relative with regards compared compared to not a lot of money compared to how much we need for the run the country.
    (0:01:48)
  • Unknown A
    Hold on. This is a very important point.
    (0:01:55)
  • Unknown B
    We're talking about scale here. 2.2 point. About $2.6 trillion of revenue comes from our income taxes. If you're going to like cut. If you're going to make these cuts you need to meaningfully like hold on.
    (0:01:57)
  • Unknown A
    Account for this is this is it. This is a false argument. I'm glad you're making it which is that so then should we shouldn't cut it because it's not that big of a deal.
    (0:02:08)
  • Unknown B
    No, that's not what I mean.
    (0:02:15)
  • Unknown A
    I'm so, so should we cut this $115 million for equity assessment of existing program policies.
    (0:02:15)
  • Unknown B
    The point, the one point is that.
    (0:02:21)
  • Unknown A
    I'm going to make the point. But do you think this should be cut?
    (0:02:24)
  • Unknown B
    It depends. You need to make the argument that it's actually good. You can't just. You can't just flash the dog. I'm going to flash and then say.
    (0:02:26)
  • Unknown A
    Equity assessments of existing program policies. 115 million.
    (0:02:32)
  • Unknown B
    Yes. You have to justify that this program is helpful. You have to justify the existence of the program.
    (0:02:35)
  • Unknown A
    Yes, just if it should not exist.
    (0:02:40)
  • Unknown B
    Why? Why does it not exist?
    (0:02:42)
  • Unknown A
    Well, first of all, the president signed an executive order saying no more DEI equity assessment should have no place in the U.S. government. Equity is not constitutional. It's not the U.S. constitution. It's not American value. It's about redistribute redistribution and $150 million, a grotesque amount of money to spend on it. So you should get rid of it to save taxpayer money. Now to Your point, it's 150 million bucks to get rid of this. Now, it's also $144 million here of empty buildings. How about empty buildings again?
    (0:02:44)
  • Unknown B
    You can just say. You can't just say empty, Bill. You're like go over a detail.
    (0:03:09)
  • Unknown A
    No, we did. That's why there's 97 of. They reviewed the leases. They're. They're vacated because of COVID That's 144 million bucks. So right here I have 330 million bucks. We're gonna keep going, right?
    (0:03:12)
  • Unknown B
    Yeah, you can keep doing that. You have to actually just justify like why the policy helpful or not.
    (0:03:22)
  • Unknown A
    This is interesting.
    (0:03:26)
  • Unknown B
    You can say, you can say, you can see how much they cost.
    (0:03:27)
  • Unknown A
    Hold on.
    (0:03:29)
  • Unknown B
    If they do something useful for the government, then their prices make sense.
    (0:03:30)
  • Unknown A
    They're empty buildings. What use is happening with for them other than landlords getting rich for nothing? The point is this. You think the government is innocent until proven guilty. I think the government, after what we've learned, is guilty until proven innocent. They have to justify why this money is being spent the first place.
    (0:03:33)
  • Unknown B
    Wait a minute. That's how the law works. Innocent are proven guilty. You have to prove that.
    (0:03:49)
  • Unknown A
    That's not how taxpayer money works though. It's that if we find waste, you're gonna have to over justify why this exists in the first place. Secondly.
    (0:03:53)
  • Unknown B
    But you just fire them. You just like rid of the program automatically before, like you've done the work.
    (0:03:59)
  • Unknown A
    Let me go Back to a more thing. This is. This is an argument they're making. Oh, it's not that much money. Even if you only save a hundred dollars in taxpayer money, that is a moral fight worth having. That attitude is why we're $35 trillion in debt. Secondly, which is very important, if you annualize Doge's savings, you know how much they're on pace to save this year? $ trillion. $1 trillion, which would then get us on path for a balanced budget. They're on pace because you say, oh, it's only a billion here. They've been in for six weeks. They've already saved $100 billion. By December, they'll be at a trillion. Our deficit is 1.6 trillion. We're gonna lower our deficit in such an increasingly important way, and you're gonna learn that you actually don't need these government agencies to run a country, that these people are unnecessary.
    (0:04:04)
  • Unknown A
    It's bloated. These bureaucrats don't do anything all day long. And we need to. Right. Size it, because we're a nation in debt. We know we're $35 trillion in debt. In debt.
    (0:04:45)
  • Unknown B
    Yes.
    (0:04:54)
  • Unknown A
    And the only way we're gonna get out of it is if we're honest. Be like, how about no more empty buildings. No more $115 for equity assessments. Biodiversity in Nepal, $19 million.
    (0:04:54)
  • Unknown B
    Again, those can be important. Yes. Like, those could be helpful.
    (0:05:04)
  • Unknown A
    Okay, so how could. Biodiversity in Nepal for 19 million bucks, we spent $20 million for a new Sesame street in Iraq. It's true. You guys can look it up. $20 million for new sesame street in Iraq. And because no one has ever had the courage to look through the books and look and examine the expenditures.
    (0:05:08)
  • Unknown B
    That's not what's happening.
    (0:05:25)
  • Unknown A
    No, it has happened. No, Biden, Obama, they never looked through any of the federal expenditures, and we got to $35 trillion in debt. This is the first time in my lifetime we have an administration going after the waste, going after the size of government to balance the budget so that you guys don't live as indentured servants and Russian serfs for the rest of your life.
    (0:05:26)
  • Unknown B
    What I just want to say. Like, what?
    (0:05:47)
  • Unknown A
    Go ahead.
    (0:05:50)
  • Unknown B
    You don't need to interrupt people. Thank you. The point is, when you. When you want to deal with this problem, you can either increase taxes or cut spending massively. Like, the point is that, like, these programs aren't. Aren't efficient and helpful for getting to that goal.
    (0:05:51)
  • Unknown A
    Yes. They. I just proved to you that they're on pace. Trillion dollars. Like, but but even if it's only a billion or 2 billion, that's admirable and noble. That's my. Just so we're clear, you have to do.
    (0:06:05)
  • Unknown B
    You have to both justify that these programs are bad, I think. No, you can just, you can flash this and this is a program. It cost this much money. We should cut it. That's not an argument.
    (0:06:17)
  • Unknown A
    $1.5 million for voter confidence in Liberia.
    (0:06:24)
  • Unknown B
    Again, you can say that. You can say that.
    (0:06:27)
  • Unknown A
    Do you know anything about Liberia? I mean, like, I mean, no. I mean, I happen to know a lot about. That's a separate issue.
    (0:06:29)
  • Unknown B
    It's not about what I know. It's about the people in the government making these decisions.
    (0:06:34)
  • Unknown A
    Yes. And they, they have proven themselves to be robber barons over the last 20 years, that they're spending your money with reckless abandon and total indiscretion. And it's time that. This is what's important. It's we the people, not we the government workers. And we've taken back the government.
    (0:06:38)
  • Unknown B
    The government workers are also American people.
    (0:06:54)
  • Unknown A
    Yes, but who works for who? Do we work for them or do they work for us? Which one?
    (0:06:56)
  • Unknown B
    Yes, they work for us.
    (0:07:01)
  • Unknown A
    They work for us. Yes. So we voted in November, by popular vote and electoral vote, landslide, that this crap is over. And that's what we're doing. We overwhelmingly spoke. And so we're going to go piece by piece, department by department. And this is why it's important. You guys deserve a future where you don't have $35 trillion in debt. Where you don't have a trillion dollar debt.
    (0:07:03)
  • Unknown B
    Solving that problem by doing this again.
    (0:07:22)
  • Unknown A
    A trillion dollars. You have to address this. They're on pace to cut a trillion by December. That's big. Big. That's. That's 75% of our deficit.
    (0:07:25)
  • Unknown B
    Okay, but my point, my point is that like, you have to meaningfully increase taxes or cut.
    (0:07:35)
  • Unknown A
    No, you don't like cuts.
    (0:07:40)
  • Unknown B
    Yes, you do.
    (0:07:41)
  • Unknown A
    Well, I know that's what he's doing. They are meaningfully cutting spending.
    (0:07:42)
  • Unknown B
    You have to cut taxes. Either raise taxes.
    (0:07:45)
  • Unknown A
    No, you don't.
    (0:07:47)
  • Unknown B
    Or massively cut spending.
    (0:07:48)
  • Unknown A
    Got it. Let me, let me just, let me just ask one final question.
    (0:07:50)
  • Unknown B
    Yes.
    (0:07:53)
  • Unknown A
    If Trump and Elon get this done and balance the budget and cut all this, will you give them credit?
    (0:07:54)
  • Unknown B
    It depends on how successful. Wait, I am not finished speaking. Oh, my God. It depends on how successful the country is afterwards. It depends. If you make a lot of cuts and the country becomes worse, then you didn't do your job.
    (0:07:58)
  • Unknown A
    Okay, we'll see what happens. Thank you.
    (0:08:11)