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STARTS AT 10PM ET: Join me for an important discussion with author and speaker Alex Newman.
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Seth Holehouse is a TV personality, YouTuber, podcaster, and patriot who became a household name in 2020 after his video exposing election fraud was tweeted, shared, uploaded, and pinned by President Donald Trump — reaching hundreds of millions worldwide.
Titled The Plot to Steal America, the video was created with a mission to warn Americans about the communist threat to our nation—a mission that’s been at the forefront of Seth’s life for nearly two decades.
After 10 years behind the scenes at The Epoch Times, launching his own show was the logical next step. Since its debut, Seth’s show “Man in America” has garnered 1M+ viewers on a monthly basis as his commitment to bring hope to patriots and to fight communism and socialism grows daily. His guests have included Peter Navarro, Kash Patel, Senator Wendy Rogers, General Michael Flynn, and General Robert Spalding.
He is also a regular speaker at the “ReAwaken America Tour” alongside Eric Trump, Mike Lindell, Gen. Flynn.
Ladies and gentlemen, welcome to Man in America. I'm your host, Seth Holehouse. Right now, everywhere you look, you're seeing the news about protests across the campus. Now it seems as usual that there's some sort of justice behind this. Right?
Seth Holehouse:This so happens to be free Palestine. Couple Years ago, it was Black Lives Matter. Before that, it was, you know, anti war, women's rights, whatever it is. The issue is never the issue. Right?
Seth Holehouse:So joining us today is the award winning investigative journalist, author and speaker, Alex Newman. And we're gonna be looking at what's behind these protests, who's funding them, what the end goal is, how the protests tie into the agendas from the WEF and the UN, and what potentially is in line for our country as we enter into a very tumultuous election season. So, folks, please enjoy the interview with Alex Newman. Folks, I have a quick message for you. Look, the twenty twenty four election is do or die for the globalist and communists that had infiltrated our country and are currently running it.
Seth Holehouse:And they either have to win or they're gonna destroy America, so nothing is left either way. And if you're the person that's watching this show and following this information, unfortunately, you have the weight on your shoulders of making sure that your family is prepared, especially as we head in to this next year and this next election cycle because unfortunately, I think it's going to get rough. And one of the ways I know they're going to target us is through our food supply. You can see all the food factories burned down, you can see the warnings of coming famines and food shortages and everything like that. And food is one of the number one ways totalitarian regimes have always used to control the populations destroy the food supply.
Seth Holehouse:So if you don't have at least two, three, four, five, six months worth of stored food, I highly recommend you take that very seriously. Because look, as I mentioned, if you're the person that's watching this, you're the person that carries the burden of making sure your family is prepared. I would recommend at least six months, if not a year of storable food. So if things go haywire, whether it's grid down or terrorist attack from what's coming across the border, that your family can safely stay in place and you can feed your family. So folks today, go to heavensharvest.com and make sure you get your storeable food that'll last for up to twenty five years.
Seth Holehouse:Just in case things go south, you know that you have what's gonna take to feed your family, which is so so critical for us to get through this next stage of history. So go to heavensharvest.com today, order your food that lasts up to twenty five years and use promo code Seth to save 15% on your entire order. Again, that's heavensharvest.com and use promo code Seth, s e t h, to save 15% on your entire order. Alex, it's great to have you back on the show. As usual, I'm seeing you everywhere.
Seth Holehouse:You're recently on Glenn Beck. Great job with what you're doing. You've got great work. So again, thank you for being here.
Todd Callender:Thank you, Seth. It's a
Speaker 3:pleasure and honor to be with you. Really appreciate it.
Seth Holehouse:Absolutely. So the bay the big news right now, if you scroll through Twitter or you turn the TV, is these protests that are happening. Now if you go back to, say, 2016, as an example, when we saw the the BLM movement rise and we saw the the the massive ray you know, kind of rises and, you know, racism wording and everything, it was very clear that this was an attack on Donald Trump, you know, similar to actually 2020 as well. There is this intention behind those riots. You could see it.
Seth Holehouse:Was disrupting things for the election. It was creating a narrative that would help, you know, go against him during the election. But now what we have is this, again, another wave of riots. It has a very similar feel to BLM, yet it in a lot of ways, it doesn't attack Trump at all. Right?
Seth Holehouse:It seems like it's not really about him. So what makes me wonder, okay, we're in election year. What's behind this? What kind of money's behind it, and what is the end goal of this? I know this is something you've been kinda really digging into, so I wanna get your take on it.
Speaker 3:Well, thank you again, Seth, for having me. And as always, with the with the rioting and the revolutionary activity that we see, the issue is never the issue. Right? So a lot of these young people who are out there protesting really have no idea what they're protesting. A lot of them are being paid, actually.
Speaker 3:And a lot of the same money that we saw behind the Black Lives Matter movement, a lot of the money that we saw behind some of the other subversive movements that we've seen in this country, going back many generations now, is also behind these riots that we're seeing on college campuses now. And this is demonstrable. Right? You've got the this organization's supposedly chapters all across America and Canada.
Seth Holehouse:And Sorry. What was the organization, Alex? You repeat repeat.
Speaker 3:It's called Students for Students for Justice in Palestine. They go by the acronym SJP. And, of course, you find George Soros money behind this, massive amounts of it, massive, massive amounts of it coming from the Open Society Foundations through some of these laundromat operations that kind of mix in all this big money. There's another really big one. It's called US Campaign for Palestinian Rights.
Speaker 3:Again, the same people. Hundreds of thousands of dollars from George Soros just in recent years. $350,000 from the Rockefeller Brothers Fund just in recent years. This is a group, by the way, that says in its training documents I have some of its training documents that says they are training these brainwashed zombies to, and I'm quoting, rise up to revolution. So these are revolutionary groups.
Speaker 3:And, you know, let's look at the Rockefeller Brothers Fund for a moment. This is the same organization that was funding what's called the Sunrise Movement. A lot of people don't remember the Sunrise Movement that took over Minneapolis. Even, I would say, more important in some ways than Black Lives Matter, which was getting funding from George Soros and things like So there's huge money behind these things. Your average useful idiot doesn't understand it.
Speaker 3:But this, group that I just mentioned being funded by the Rockefellers and by George Soros, the US campaign for Palestinian rights, this revolutionary group, they have thousands of dollars to pay these what they call fellows. They've got campus based fellows that are on their payroll being trained by professionals to unleash this chaos on our college campuses. So there's much more going on behind the scenes than the fake media will tell you. And and, in fact, things like this, Seth, have been going on for a long time. You go back a a few additional decades, you've got the revelations by Ion Pachepa, general Ion Pachepa, who is the head of Romanian intelligence.
Speaker 3:He actually defected from the Romanian KGB, came to The United States, and exposed this massive operation led by Yuri Andropov, the head of the KGB, to send thousands of communist agents into the Middle East and against Israel. Not because they have any particular, you know, theological difference, but because they're commies. And they as Iyan Pacheco said in his book, we figured if we could have billions of Muslims against America, it would be a whole lot better than just trying to do it ourselves. So they're being exploited as useful idiots here just like our brainwashed college students, and a lot of it's happening with our tax money.
Seth Holehouse:And and so what do you see as in terms of the end goal, right, of is it something much greater than influencing an election? I mean, do you think that that we're, in some ways, kinda heading towards this final stage of absolute destabilization and chaos? I mean, is the end goal some kind of civil war? Is it cities burning across America? Is it some sort of reason that, you know, for Biden to then, you know, declare martial law?
Seth Holehouse:And what do you see this leading to? What's what's their intention with this?
Speaker 3:I think it's actually all of the above, Seth. And and pointed this out during the Black Lives Matter movement because we're watching the same thing happen right now. It's actually a strategy that was outlined by a very, very important communist from Czechoslovakia back during the nineteen fifties about how to take over a society. And they talk about a pincer movement. Right?
Speaker 3:So you have the pressure from above and the pressure from below. The pressure from below is, of course, the the brainwashed ragamuffins who who, you know, can't even put their pants on straight, don't know what bathroom to go in, windows, and smash things and hit police officers over the head with a baseball bat. And then you got the pressure from above, which incidentally, the same people putting the pressure from above are funding the pressure from below. And what happens is middle class regular Americans who don't understand what's happening, they're stuck in this vice grip that's getting tighter and tighter and tighter. So the chaos, the unrest, the violence, and I do believe ultimately they want a civil war in this country, that is all a means to an end.
Speaker 3:It's not an end in and of itself. The ultimate end is to tear down the existing structures, tear down our attachment to the olds as chairman saw our statues coming down. That's why we see the founding fathers being demonized so that they can then rebuild an entirely new system on a new foundation. Better, you gotta destroy the old. So through this pressure from below and this pressure from above, eventually, have the middle class totally confused, desperate for answers, doesn't know what's going on.
Speaker 3:You smash the whole system. You say, well, you know, we'll we'll return normalcy to you. We'll make it so that you can go back to the grocery store and feed your kids. All you gotta do is submit to this new system. Give up your freedom.
Speaker 3:Give us a lot more money. Give us much more power, and everything will go back to normal.
Seth Holehouse:Which makes sense. I mean, this is the playbook. If you look at, you know, most countries that fell to totalitarian regimes, you could see that these exact steps were being taken, that led up to that, of course. So what do you think is gonna happen around the election? So that this is always you know, again, it's election year.
Seth Holehouse:This stuff's happening. So how do you think what's happening now with these protests starting to kick off? How do you think that relates to the election? Because it's obvious that, you know, Trump is not a globalist. He's a nationalist.
Seth Holehouse:He wants to protect the interest interests of America, and there's differing opinions on Trump's, you know, whether you're former or against him, but you can't argue that the the fact that he does want to preserve America as the America that we know it. Right? So it doesn't really go in line with the plans of George Soros and the Rockefellers and the UN and, you know, of course, the communists that want a one world totalitarian system. So what do you see unfolding as we get closer to the actual election? What's your prediction, not in terms of necessarily who wins or not, but how the societal chaos will be used around it?
Speaker 3:And and, you know, to your point, this is exactly the strategy that they've used in virtually every revolution, every takeover of a nation, going back a century, even more than a century. Look at the Soviet, takeover, the Bolshevik revolution. You know? Yeah. We know about the the ragamuffins on the street, the revolutionaries on the street.
Speaker 3:What less people know about is that this was funded by the same elitist that are funding the ragamuffins on our streets. You know, you read the book by, the great Stanford historian Anthony Sutton, Wall Street and the Bolshevik revolution. He documents with government documents, corporate records that these Bolshevik revolutionaries, Leon Trotsky, Vladimir Lenin, were funded by the Wall Street Mega Bankers. It was the same strategy. You got the elites behind the scenes, pressure from above, the ragamuffins in the street that they are funding, providing the pressure from below.
Speaker 3:And they never come and say, hey. We wanna enslave you. Right? It's always we wanna liberate you. It's exactly the opposite of what they're doing.
Speaker 3:So they're using that playbook in The United States right now, increasing unrest, you know, become ungovernable. We're hearing the the ragamuffins on the college campus shouting this right now. We're gonna be ungovernable. And I suspect they're gonna try to use that same methodology in The United States. Now we have a few advantages in The United States that a lot of these other nations did not have, But in some sense, they're they're a double edged sword.
Speaker 3:Right? Americans are incredibly well armed, one of the best armed societies that's ever existed in human history. We've got hundreds of millions of firearms in private circulation. So, on the one hand, that protects us in a way. But on another, it makes us vulnerable in a way.
Speaker 3:Right? They've got our border wide open. They've got communist Chinese operatives, special forces from the People's Liberation Army of China all over this country. A lot of them are, you know, busboys, waiters, cooks right now, just minding their own business, not getting a parking ticket. But, you know, they have the blueprints for the water treatment facilities.
Speaker 3:They've got the blueprints for the local power plant. They know which sheriffs need to be targeted and assassinated when the chaos breaks out. So we're gonna see, I think, increasing levels of chaos. And, you know, the World Economic Forum has discussed this to some extent. Way back in in early twenty twenty two, I started speaking across the country on what I was calling the poly crisis.
Speaker 3:It's a it's a term that I borrowed from my friend Pat Wood, the poly crisis of doom. What they are planning and and then the World Economic Forum in early twenty twenty three started talking about this. What they are planning is a series of escalating crises all merging in a super crisis, a currency crisis, a political crisis. Right? And I think we are headed toward a major political crisis, a terrorism crisis.
Speaker 3:We're gonna see, I believe, very, very serious attacks, assassinations, bombings, attacks on critical infrastructure. All these things, I think, are coming. And you take it all together, and it merges into this massive poly crisis where people just can't take it anymore. Maybe even a World War three for good measure, which at this point, we would probably lose. Our military has been all but destroyed.
Speaker 3:Our economy has been basically shipped over to communist China under the guise of fighting climate change. So it it's a perfect storm arrayed against the American people in this country that a lot of these other countries that fell did not have. We still have a large and fairly well educated middle class with at least some vague attachment to the principles that our country was founded on. You know? Generally speaking, normal Americans believe in free speech.
Speaker 3:They believe in law and order. They believe that our rights come from God. They believe that our founding fathers were decent and honorable men, maybe not perfect, but good men who put their lives on the line so that we could be free. So we have these really powerful things going for us, and we have the foundation that they built, which, of course, is is significantly orders of magnitude better than anything they had in China, in Russia, in Cuba, in Germany before those countries were taken over. But I do think it's gonna require very hard work and a lot of sacrifice by American patriots, by people who love God, who love their country, who love their family if we're going to beat back this revolution.
Speaker 3:And, ultimately, it it is going to come down to, I think, them or the American people. Either these people are gonna be stopped and held accountable, or America's lost and everything we love and hold dear is gone.
Seth Holehouse:I unfortunately agree with you. Now when you mentioned the Second Amendment and and the guns and how that's a strength and a weakness, it's it's obvious to see how it's a strength. You know, you go back and read Solzhenitsyn, you know, talking about even if if they had a fire poker, they're using against you know, let alone actually being able to defend yourself with, you know, military grade esque weapons. So when you talk about it being a potential weakness, though, what do you what do you mean by that? Folks, perhaps you'd agree with me when I say that over the past five years, the mainstream health care systems credibility has plummeted.
Seth Holehouse:Alternative health care systems that aren't beholden to medical consensus or big pharma are on the rise. Sweetamine is time tested and proven to boost your life with better health. It's one of the leading products that helps with inflammation and daily aches and pains. Just because you get older, it doesn't mean you have to feel old. And folks, did you know that most of the diseases that make people sick and die these days are rooted in chronic inflammation, oftentimes due to glycine deficiency.
Seth Holehouse:So sweetamine is composed mainly of the amino acid glycine, the nutrient that the immune system uses to regulate inflammation. So with once daily sweetamine, most people feel the reduction in pain after just a few days. So I challenge you to the twelve day sweetamine challenge to fight inflammation and take control of your health today. So folks, buy sweetamine online at sweetamine.com, or call 855 That's (855) 438-7933. And make sure you use promo code Seth, s e t h, to get a nice discount on your purchase.
Speaker 3:Probably significantly more than 10,000,000 illegals coming across the border just in the last few years. And because of the incredibly widespread availability of weapons, not only can these people easily access weapons, there's a perfect cover story for them to have weapons. Right? Right now, the communist Chinese have shipped enormous numbers of weapons into this country, fully automatic weapons, huge amounts of ammunition. So they have their stockpiles everywhere.
Speaker 3:But for your average confused American, when fighting breaks out, when they hear gunfire in the streets, oh my goodness. Maybe the second amendment thing wasn't such a good idea. And and what they want is incredible confusion, Seth. They want Americans to have no idea who the enemy is. What is going on outside my door?
Speaker 3:I don't even know. Is my neighbor a good guy or a bad guy? Right? And I haven't seen this new movie Civil War. Very, very evil ulterior motives.
Speaker 3:So I'm quite sure there's something there. From everybody that I've talked to who has seen this movie, the the theme that keeps reoccurring is we don't even know who the good guys and the bad guys were. Right? That's what they want. They want it so that your average American doesn't know, you know, who do I protect my family from?
Speaker 3:Who who's the good guys? Who's the bad guys? And so I think the the way to combat this properly is to have respect for legitimate authority. Right? Americans should not just go out, you know, let's make a militia and, you know, incredibly dangerous.
Speaker 3:We need our duly constituted elected sheriffs to lead the charge at the county level. We need our mayors and our police chiefs at the local level. We need our governors and and their deputies at the state level to step in and say, look. We're gonna have organized leadership here. We are not just gonna do everybody free for all.
Speaker 3:Everybody have their own militia. No totalitarians want. It's just a massive bloodbath where nobody knows who's the enemy. They're telling black Americans that their white neighbors are their enemy. They're telling white Americans that their black neighbors are the enemy.
Speaker 3:That's exactly the chaos that the establishment wants. So if we can rally behind our lawfully elected, duly constituted government officials forget the federal government. I mean, the federal government is is broke. It it's in the hands, unfortunately, of lunatics and evildoers and criminals and perverts. So we're gonna have to rely then on our local officials, on our state officials.
Speaker 3:And if you don't yet have a relationship with your local and state officials, now would be a really, really good time to start working on that.
Seth Holehouse:Such an important point. So, Alex, as we wrap up, unfortunately, you know, I'm a little bit limited on time today, but I wanna make sure that I pull up your website, Liberty Sentinel, which is just libertysentinel.org. Fantastic website. A lot of your research and your writing goes into this. Is there anywhere else that you wanna direct people anywhere else that's important for people to know?
Seth Holehouse:Here here again, here's another our topic today. Soros and Rockefeller's fund pro Hamas protests on campuses. Saw your interview earlier on NTD. So, anyway, any final message for folks before we sign off?
Todd Callender:Well, thank you, Seth.
Speaker 3:I really appreciate it. I also serve as senior editor of the New American Magazine, a great source of good, honest, accurate information. And I would encourage anybody who's got children. This is my newest book. It just came out within the last couple months.
Speaker 3:It's called Indoctrinating Our Children to Death, Government Schools War on Faith, Family, and Freedom, and How to Stop It. Protect Your Children, and that'll give you all the information you need about how this happened, why this happened, where it came from, and how we can respond. And thanks again for everything you do, Seth. Really, really appreciate it. Thanks for having me on.
Seth Holehouse:It's absolutely a pleasure. Thank you so much for being here with us today, Alex. Alright, folks. I hope you enjoyed that interview. I've now got another very important, pretty short interview with doctor Kirk Elliott about some breaking news with the IRS using AI to monitor your bank account.
Seth Holehouse:Literally, every bank account in America has been leaked that basically they're using AI to monitor these bank accounts, which opens up a whole world of potential negative implications. So please enjoy this next interview. Kirk, as usual, it's great to have you back on. How's it going?
Speaker 4:It's going really well, and it's great to see you.
Seth Holehouse:Thank you. So there's two things that I wake up screaming at night about and have nightmares, and, like, I'm always just frightened that we're walking in the dark, and it's the IRS and artificial intelligence. And so I'm joking a little bit, but there's a recent video that you just showed me. And I'm gonna pull this up. This is a a Twitter post from I think it was what yeah.
Seth Holehouse:Wall Street Silver. It says alert. IRS using AI to target a middle class. Says what we've learned is that the IRS, in fact, has been using AI to access bank accounts of American citizens without any kind of search warrant. These are quotes.
Seth Holehouse:This was this was something that was just discovered by an undercover journalist. This is what they found is that the IRS has claimed they have access to every single person's bank account. So there's a short video. It's a minute and a half I wanna play here to just set this discussion into motion for us. So let's go ahead play this video.
Speaker 5:What we have learned is that the IRS, in fact, has been using AI to access bank accounts of American citizens without any kind of a search warrant or even without any specific, claim that they have committed a crime. So this was something that was, discovered by an undercover journalist, and what they found is that the IRS has claimed that they have access to every single person's bank account. This person also indicated that they've been working with the Department of Justice and that they have absolutely no problem whatsoever going after the little guy to make sure that they are paying their taxes. This is such a blatant violation of the Fourth Amendment that we have, Jim Jordan and I, sent a letter to the IRS demanding that they provide additional information about what they are doing with AI and what they are doing to protect the civil rights of American citizens. So
Seth Holehouse:so there's a lot to unpack here. But I I think one thing which is worth mentioning is that as far as I understand, the IRS is is, in many ways, unconstitutional. And it isn't even a an actual government agency that it's something I mean, I guess you could call it that, but it's something that is almost this kind of extra secretive thing that has you know, like, it's like what a lot of these alpha agencies are turning into that it's like it's a government agency. You might think it is, but it's actually has these these powers and protections. And so walk us through this because I think that a lot of our viewers are middle class, and we're people that the DOJ probably doesn't like because we're calling them out for what they're doing.
Seth Holehouse:And this is pretty frightening. So how do you make sense of this?
Speaker 4:So as I watch that, two things come to mind. Number one, and, you know, I was I've been talking about this a little bit with other people that are in the know financially, one of them said, Well, Kirk, this is actually so they can actually have the technical capability for a bail in. Right? So I'm thinking, Okay, that's one plausible explanation. I don't think that's it.
Speaker 4:So what does that mean? It means when Silicon Valley Bank went under, Janet Yellen basically said too big to fail. No such thing. However, we're not going to bail out financial institutions anymore. The depositors are.
Speaker 4:See, that's the difference between a government bailout and a depositor bail in, where you bail out your own financial institution, so to speak. So if they have your bank account information, where you bank, how much money you have in there, what your account number, routing number is, all of that stuff, It's real easy to institute a bail in, right? Because I already have it. Flip of a switch, it's done. However, I don't think that's the main push behind this.
Speaker 4:So I think that the main push behind this has more to do with what the World Economic Forum has said, that central bank digital currency is coming. It's programmable money, right? The ability to cut you off from buying or selling if your ideology doesn't match up. How if central bank digital currency is coming. And last week, Seth, the World Economic Forum came out with their numbers of 98% of every country in the world is now ready for central bank digital currency, and they're going to deploy it.
Speaker 4:98%. To me, that's everybody because who are the 2% that might not be? Well, maybe like some South Pacific island that doesn't even have computers to begin with. I mean, who even knows? But 98% is pretty much everybody.
Speaker 4:So when you're going to deploy that and you start to add up some other things that we know based on their memorandums, their agendas, their dates that they've already put out to the public. September of this year, the United Nations has the Pact for the Future Symposium in Shenzhen, China. I think that's how you pronounce it. Well, what are they going to do? They are going to actually expose to the world everything they've been working on since 2019, which is basically recruiting all of these countries to have a central bank digital currency, building out the framework for the central bank digital currency.
Speaker 4:Now, SWIFT, the SWIFT system has interoperability. They've finished their third beta test. So all these different CBDCs around the world that have different currencies, different exchange rates, they can now talk to each other through the SWIFT system and international bank wires. So all these pieces are actually in place. And by September of this year, the United Nations wants biometric identification to attach you to your bank account.
Speaker 4:That's all part of the pact for the future. And so Amazon actually is ahead of the game, and they want to basically take over merchant processing from like Visa, Mastercard. You know, when you swipe your card at any cash register anywhere, They want to do that with a palm scanning device that they've already unveiled that they're releasing. So that's biometric identification. Or couple that with Sam Altman's World Coin, which has a stupid orb that actually scans your retinas.
Speaker 4:So all of this biometric identification to you so you can protect yourself against hackers and data thieves, because if it's not you, you can't get it. So they're promoting all of this as very positive. I'm looking at this as very negative. And the fact that the IRS has been using already without warrant, basically accessing people's bank accounts, what can they already do? They can see your profile in the sense of who are you, Seth?
Speaker 4:And who are you, Kirk? Well, we are a reflection of what we spend money on. That's who we are. It'll show our preferences. It'll show what kind of a church we give to and we tithe to.
Speaker 4:It'll show what political party we may or may not give to. It'll show what kind of food we eat, where we travel, what TVs we watch, by what subscriptions we have, just streaming services, all of that stuff. They're building this dossier on each person so they can easily, with the flip of a switch, be able to tell what is their ideology, What is the basis of their spending? And are they for us or against us? Are they globalist?
Speaker 4:Are they not? Are they for a clean climate or not? All this stuff. So I think this is what the IRS is actually doing, not necessarily doing it just so they can attach things for a bail in? No.
Speaker 4:I think they're building the digital social profile on everybody, which the World Economic Forum has already said is going to be the basis of programmable money is your digital social profile, your social credit score, your ESG if you're a company. I think that's what this is all about.
Seth Holehouse:It really makes me want to go off grid and get rid of all my technology, pull everything out of the bank, bury it in the backyard somehow, and and just kinda wait for the whole system to fall apart. Of course, I'm not gonna do that because I I can't be doing this with you here right now if that was
Speaker 6:I know.
Seth Holehouse:My life, but it's like this is it's it's dystopian. That's really what it is. I mean, it's it's dystopian. Even now look. Even if it was just tax related, even still, like, that's our private property.
Seth Holehouse:Right? So, you know, to have the ability to come in and just seize and just take what they want, and, you know, what you mentioned to your friend who's in the financial circle is talking about bail ins. It's like even even worse. If they're if they if they know that, say, there's more bank collapses coming, which I'll pull up one article here that we're gonna talk about. Anyway, it's a bank failures begin again.
Seth Holehouse:How Philadelphia's First Republic Bank is seized by the FDIC. Okay? So we now have another bank, right, that was seized by the FDIC. Okay. That doesn't sound very good.
Seth Holehouse:It says that Republic Bank had about 6,000,000,000 of assets and 4,000,000,000 in deposits. It's not a small bank. I mean, you know, smaller banks are you know, as as I've seen, you know, researching on waste waste reading ratings is, you know, a couple hundred billion dollars is your typical small local bank. Right? So it says the Republic Bank had about 6,000,000,000 in assets, 4,000,000,000 in deposits at the January.
Seth Holehouse:The FDIC estimated the failure will cost the deposit insurance fund $667,000,000, which is interesting. But, I mean, this like, this we we've we've talked a lot about bail ins. We've talked a lot about bank runs. We've talked a lot about bank failures. So, I mean, I though I'm I share your absolutely share your concerns about the bigger picture of, you know, financial privacy, CBDC, etcetera.
Seth Holehouse:It also does concern me that they know that you and I are doing shows warning people that this is what happens in the bank run. Like, go watch It's A Wonderful Life. So if their strategy is the bail in, which, you know, I recently interviewed David Webb, right, behind the great taking, which that takes it to, like, the the tenth degree of how corrupt they are and how intricate the plan is to seize assets. This is concerning because to me, it's like, okay. Say this, you know, bank runs, we're looking at the the Philly bank.
Seth Holehouse:If that kicks off the next series of bank runs, all of a sudden, they, a, shut the bank accounts down and say, okay. You can no longer withdraw. This is our safeguard to prevent the bank, you know, run and bank failure contagions from spreading. But then b, if they say, okay. Now that we've shut your bank account down, you can't access your funds as a safeguard, we're now going to take 10% from everyone's account.
Seth Holehouse:We're gonna take, you know, up to the first ten thousand dollars from everyone's account because we're gonna have to bail in these banks. I mean, it's like you look at the Great Depression and how that, I I believe, was a setup. Really, it was done by the banks as a way to to basically seize the assets and shut down the thousands of small local banks across the nation to centralize the banking system in America. It's almost like this could be the same thing, but on a household level.
Speaker 4:So, okay, the great taking, that's a very interesting thing to bring up with this because, in essence, it makes a bail in already done. Right? Because after 02/2009, when Lehman Brothers and Bear Stearns went under, they changed the financial rules. This is what this amazing bookdocumentary was all about. I mean, one of the most well researched things I've ever seen.
Speaker 4:Right? So they changed the rules to where you are no longer the owner of your deposits, you're a beneficial owner, which and they needed that because if they've got Lehman Brothers, Bear Stearns, for example, had tons of derivatives debt exposure, like massive amounts, they didn't have any assets to pay off their derivatives debt. So this is why they went under. So what they decided was they devised this scheme where it's like, okay, if we make Seth and Kirk and everybody watching the show who has checking accounts, savings accounts, brokerage accounts, beneficial owners rather than the real owner, We all already gave up our ownership of our deposit accounts to the financial institution we're working with. Right.
Speaker 4:So therefore, they don't have to ask for permission to take our money. They can just do it, and they already have the legal basis to do so. So here's where the whole concept of bail in is a pretty Of course, they can do that because they own the assets already. It's like, well, Kirk, how I didn't sign up for that. Yeah, you did.
Speaker 4:You probably didn't read the TOCs that came out. Or when you opened up your bank account and you get the folder with 20 or 30 pages in it, nobody reads a small print because they see beneficial owner, and they might not know what that means. But that means that you're just the beneficiary. They own it. So all of this stuff is kind of creepy in the sense of you said dystopian future.
Speaker 4:It's like the government on Hunger Games, which we thought was so evil and so foul. But it's almost the same thing that we have today. It's where people are meaningless. Their own power and expansion is the only thing that matters. So you look at these So anyways, we go back to Silicon Valley Bank and all of these things, remember that we just talked about beneficial ownership coming into play.
Speaker 4:What happened with Silicon Valley is FDIC had a little over 1.7% of assets to cover all the deposits in America. After Silicon Valley, Credit Suisse, First Republic, Silvergate and Signature Bank went under, it came down to 0.74%. So after that, I'm just giving you a little lesson in history here. After that, the Fed came up with the bank temp funding program, which was stimulus money for banks. And everybody applauded the Fed and said, Good job.
Speaker 4:You stopped the bank runs. We don't know what you did, but you stopped it. That's amazing. All it was is stimulus money to actually stop a bank from failing before it went into FDIC receivership. So therefore, there was no more FDIC.
Speaker 4:But that program sunset on March 11. And for about seven months, Seth, you and I have been talking about there's going to be another bank run coming, bank run two point zero. But it's probably going to be much worse because there's more debt. People have been taking money out of the system for that whole time under Biden's economic plan for America. There's more withdrawals than there are deposits going into banks now.
Speaker 4:This this Republic Bank in Philly goes into FDIC receivership, but they went directly into FDIC receivership. There was no bank temp funding program. There was no emergency stimulus or else they might not have. So those numbers that you said, dollars 6,000,000,000 in assets, dollars 4,000,000,000 in deposits. Okay, dollars $667,000,000 is what it costs FDIC, but they have $4,000,000,000 in deposits.
Speaker 4:So, if FDIC is going to cover people with $250,000 or less, that means that there's 3,350,000,000.00 in assets that weren't covered by FDIC. What happens to that? It just kind of disappears. It vaporizes. So the reason we know that is because in October or November of last year, Silicon Valley Bank went to the FDIC and said, hey, you know, you bailed out our depositors $2.50 or less, but there's $2,000,000,000 that you seized of assets that we had.
Speaker 4:We want it back because that's actually us. I mean, we pay into this FDIC insurance program. You covered everybody. But what about this other stuff that's actually ours? FDIC denied them.
Speaker 4:It's like, no, we're not giving it back. So to me, this is just like, okay. And I don't feel too bad if a bank has such bad mismanagement that they waste it. They shouldn't get their money back. But yet, FDIC just said, we're keeping it.
Speaker 4:We're not giving it back. Well, isn't this kind of the rule of law of the day when Biden decides, hey, we're going to freeze Russia's assets because they're at war with them, with Ukraine, and Putin says, what? We have hundreds of millions of dollars worth of gold in that. And then Janet Yellen says, hey, Putin, we're going to actually give it to Ukraine. It's like, what?
Speaker 4:And now The United Kingdom Two Days ago basically said they've got all these gold artifacts that they have to give back to Ghana from the nineteenth century. And the European Union tells Russia, it's like, hey, you owe Romania Ninety One Point Five tons of gold. Medvedev says, no, we don't. We're not listening to you. And and it just keeps going on.
Speaker 4:And now Russia is fighting back. And in court, they said, Hey, JPMorgan Chase, when our assets are frozen, we're actually now under court order in Russia, taking $440,000,000 of assets that you're holding of ours hostage. We get it back due to court order. See, but what do all these stories have in common? Government just seizing people's stuff.
Speaker 4:All of them. That's what it's about. So to me, when the IRS is basically monitoring without warrant people's bank accounts, that means I don't trust the system that we're going to be able to access our funds if our ideology doesn't match up with theirs because of historical precedent. I'm not just making stuff up and saying, I don't like them for whatever reason. They have shown time after time after time after time that if they wanna take your stuff, they can easily get it.
Speaker 4:Right? And that's the that's the part that bothers me about all
Speaker 6:of this.
Seth Holehouse:And look at what happened with the gold seizure. I think it was it was under Roosevelt. Was that 1935? I I forget which year it was specifically.
Speaker 4:It's in the thirties.
Seth Holehouse:In the thirties when they seized all the gold. And and actually, and David Webb talked about this in his documentary where they they seized all the gold to say they were gonna go, basically, I think, use it to bail out the Fed, and they seized it all. Like, they they didn't use it to help. They said, okay. We're just taking it.
Seth Holehouse:And they they gave people $20 an ounce in exchange for it. But what's interesting is that when I asked David, I said, would you see that happening again? And he was kind of like, well, now the asset isn't the gold. The asset is all of these, like, these assets. Like, it's it's the mortgages.
Seth Holehouse:It's, like, basically, it's the it's the stock portfolio. It's like, there's no need to go try to, you know, fumble with stealing the physic the precious metal. Not to mention that the percentage of households that had physical gold in the thirties, I would imagine, was way higher than it is right now. I think right now, it's between 12% of households in America that actually hold precious metals, physical precious metals. They're gonna bother with that.
Seth Holehouse:Right? So why would they bother with that when they can go to say, okay. We're gonna take your four zero one k. We're gonna take your IRA. So it's it's it's like it's it's changing.
Seth Holehouse:Like, the the landscape is changing. But what's interesting, though, is that, like, it seems like the theme of discussions I've been having lately both with my wife and also some of my recent interviews is that as they they push for this agenda, people are going back to the old way of doing things. Like, I was talking to my wife this morning, and we're, like, thinking about our grocery shopping. Okay. We go to a local farm for our meats.
Seth Holehouse:We have there's a local butcher we go to that raises organic, you know, pasture raised, grass fed, grass finished beef. We go there to buy that. We go to this Christian milk farm to get our milk. We get raw milk from this beautiful Christian milk farm. We get our milk and our eggs.
Seth Holehouse:We haven't got chickens again yet. We go to all these other local places. So we're doing things that it will pay cash a lot of times. So it's it's not even something that goes through the system. There's this resurgence of people that are going back to the traditional way of doing things.
Seth Holehouse:And I see the same thing happening with precious metals versus modern finance. I think a lot of people are saying, I don't I don't trust this my this modern financial system. Not to mention, now you've got AI, right, which is, to me, is like the pinnacle of the threat of modernism is AI working together with the IRS to monitor all of our digital things. I think that you're gonna see even more people saying, you know what? Like, I'm going analog.
Seth Holehouse:Like, I'm I'm not gonna I'm not gonna partake in this system. And I'm curious if, obviously, you your, you know, your career is dealing in precious metals. Your career is is actually, like, you're not that different from the guy who milks his cow and sells milk and says, hey. Here's a way to have your own milk locally. Right?
Seth Holehouse:It's like getting out of the system of going to the grocery store and buying from some big factory farm. It's been ultra pasteurized and everything. But are you seeing because I know you interact with a lot of clients. Are you seeing more and more people that basically just wanna go back to the real tangible way of living and doing things and their financial decisions are reflecting that?
Speaker 4:I am. And it's kind of a self preservation thing. People are waking up to the fact that the government overreaches too much. They're hearing story after story after story. I mean, that was not some rogue Internet blogger that was saying, oh, the IRS is nasty and it's going to access people's bank accounts.
Speaker 4:That was on Fox Business and a congresswoman talking about it. I mean, how much more legit can you get than that, that this is actually a really big deal? Now, another story that came out that tells you that there's really a problem and people are starting to wake up is The Wall Street Journal posted an article, I think the end of last week, maybe on Friday, about Trump wanting to revamp the Fed. His top advisors want to revamp the Fed. It's like, sweet, we've been hearing about this for quite some time.
Speaker 4:So what do they want to do? Evidently, in a 10 page kind of secret report, two of the provisions of that came out. Number one is that Trump is going to sit on the board of the Federal Reserve. And number two, he's going to have the final say on interest rate policy.
Seth Holehouse:Really?
Speaker 4:So Yeah. So
Seth Holehouse:That's new to That was just on Friday.
Speaker 4:Yeah. So I'm so we don't know what else is in that 10 page memo, but those are the two provisions that actually came out somehow. So I'm thinking about this.
Seth Holehouse:That's crazy.
Speaker 4:Isn't that crazy? But think of this. So Trump, a businessman who understands business, understands interest rate policy and can give good directions to that. I love that idea. I love it.
Speaker 4:Right. The flip side of that coin is if they're going to give him, the sitting president, a seat on that, what if Biden had that? Or what if what if Obama had that? Or what if any future president has that? It's kind of a dangerous thing to actually want to want.
Speaker 4:Right now, I want that desperately with Trump being the president because I think and I trust him that he would do the right thing for America and for business. But other I can't say that I would trust that with other people. And so sometimes here's the point of this is this is an amazing thing if, if, as on the board, Okay, let's just abolish the Fed. We don't need them anymore. And as the chairman of the board, it's like, Okay, that would be great.
Speaker 4:Then you don't have to worry about having to sit on the board and have interest rate policy discussions where you're the final say. It's like you have to take it one step further because going piecemeal like this could have a bad circumstance moving forward. Just like the presidential immunity case that's in front of the Supreme Court right now. And it's like, Okay, they so want to not have Trump be in office, probably because he knows where the skeletons are right in the closet of everybody. But it's like, okay, no more presidential immunity.
Speaker 4:We've got to get him. We're to make this trial really difficult. But the implications in two of the justices, Barrett and Kavanaugh, already are saying, yeah, but this is going to change the presidency forever. Forever. If nobody has presidential immunity, what kind of decisions are you gonna make?
Seth Holehouse:They're also saying that that it means that that, I guess, that Trump could be going after, say, Bush and Obama. Right? Like, if if if they get rid of that, it's like Trump could then weaponize that and go against these other presidents. Right?
Speaker 4:It's like Well which is that
Seth Holehouse:president, which is dangerous.
Speaker 4:See, they so want Trump to not be in office that they're not looking at the future ramifications of that or the ramifications on themselves already. So here's where when we look at what people are saying that they want now, we want to stop human trafficking and sex trafficking and arms dealing and money laundering. That's what central bank digital currency is going to provide, those transparency of transactions. The flip side of that coin is ideologically based, which is what they have already said this is all about. So if somebody on your side, I'm a conservative, I would say, I'm great with Trump basically deciding that.
Speaker 4:But where people on the left said, there is no way I'm going to have him be the test of my ideological stuff, we're the same way. It's like, I don't want somebody on the left being the test of my ideological spending. So depends on who's in power and if you're going to like it or not, which is why I think that that lack of immunity is going to make the president basically impotent because I'm not saying that I agree or disagree, but let's follow this little example. If you have presidential immunity, would you go in and Osama bin Laden was killing millions of people all over the world? Would you basically vote for the vote to do them in?
Speaker 4:Put them six feet under. I mean, that's what happens. This is the kind of decisions presidents make. What if you knew if you did that and you had no presidential immunity and you could be charged with war crimes? Would you still do it?
Seth Holehouse:Exactly. It's
Speaker 4:like, But if it was right the first time, it's got to still be right the second time. And if you say, no, I wouldn't do that, then, well, then it wasn't right the first time. These are these are the kind of questions that every president is now going to come up with, and they're going to say, Oh, let's just do nothing. I mean, it's human nature, right? So I think this is what's going to make the president impotent, it's going to make economic decisions harder to do.
Speaker 4:Look, these consequences, the whole gist of this conversation is people just can't look at the short term benefit of something when the long term consequence could be absolutely detrimental. Just like in our finances. Yeah, we want simplicity of transactions, three sixty five days a year, 20 fourseven money transfer, make things really fast and really easy. But that comes with the price of they're going to know everything about you. The IRS already is in your bank accounts.
Speaker 4:And to what end? I believe it has to do with CBDCs and testing your ideology, your spending patterns. And now that 98% of all the countries in the world are going to be adopting central bank digital currency, the mechanism is already there. Evidently, the IRS is already in people's bank accounts without CBDC. It's like, good grief, Seth.
Speaker 4:This this world is spinning out of control so quickly that we just have to be ahead of that curve and do something that's private, where this is where I think, you know, you started the show with you. You know, people are going to have this kind of outcry and want to go into something that's more private. Yes, they are. They're going to want to get off the grid. How do you do that financially with a private tangible asset like gold and silver, where you're not a digital slave in their digital world?
Speaker 4:You're not don't have some kind of people pay piece of paper that can be put into a unified ledger and they can flip off the ownership from you to somebody else at the flip of a switch. Nobody wants that. Nobody wants that. I don't care what side of the political spectrum you're on because you're not going to like that when somebody from the opposite party is in control. And power shifts all the time.
Speaker 4:Right? So this is where we just go with tried and true basic economic freedom, basic economic privacy. That's where tangible assets come in. And just as a plus, that's an important philosophical piece of it. It's growing a lot.
Speaker 4:Silver's up over 30% in the last sixty days. I mean, that's not too shabby. But you get the best of both worlds. You get growth and safety and privacy all wrapped into one, that should start putting be putting a smile on people's face.
Seth Holehouse:Exactly. To me, the big thing is the privacy. Yeah, it's a little bit less convenient. That's absolutely true. But so is going to milk farm versus going on to Amazon Fresh.
Seth Holehouse:Right? Like, I'm willing to to to to bear that. So we've got a website. If folks wanna go and work with you, we've got gold with seth.com. And what's the phone number?
Seth Holehouse:The best phone number to reach your team if they do wanna talk to you about potentially saying, hey. Instead of having the money sitting in an IRA or four zero one k, what's probably being monitored, let's move it over into precious metals. What's the best phone number to reach out?
Speaker 4:(720) 605-3900.
Seth Holehouse:Perfect. Well, Kirk, it's always great speaking to you. Thank you so much. Take care, man, and god bless.
Speaker 4:You bet. We'll see you. Alright.