© Chip Somodevilla / Gettyimages.ruTucker Carlson
Millions of young Americans, as a consequence of the 2008 financial collapse alone — the underlying cause of which has gone unremedied, by the way — forever lost any sense of hope of ever affording a house of their own.
Depriving the youth of any cause for optimism is no way to run a country.
Quite the contrary, it's a recipe for entropy.
Such was the secondary thesis of Tucker Carlson's address to the kids of Turning Points, which received paltry coverage from the legacy media for the obvious reason that they love the finance goblins who have gleefully wrecked the American middle class that our forefathers built through blood, sweat, and tears.
(The Overton-window-setting establishment media's lack of interest is unsurprising, given that these are the people who somehow convinced the public through nonstop brainwashing that criticizing multinational banks is somehow socialist and therefore anti-American.)
Tucker Carlson at Turning Points:
"At some point, the basic economics really matter and they matter because not that it's bad that rich people are getting richer. It's bad that everyone else is getting poorer. And it's especially bad that young people can't afford homes. Let me just put a very precise point on this. If you want a measure of how your economy is doing... I personally favor eliminating GDP as a measure. I don't even know what that is, it's clearly not relevant. They tell me Japan has a stagnant GDP. Have you been to Tokyo? It's the single most radicalizing experience you'll ever have because it's just so nice.He went on to get very specific, citing obscene and aggressively anti-Christian (usury) 30% interest rates on credit card debt.
"You lost the war, really? Can we lose a war and wind up like this?" GDP, no. I don't know what even that is. The total economic activity. Oh, no, no, no. My measure's really simple. I got a bunch of kids, can they afford houses with full-time jobs at like 27, 28? And the answer is no way. And the answer is that 35-year-olds with really good jobs can't afford a house, unless they stretch and go deep into debt and I just think that's a total disaster. That's a complete disaster. Why? Two reasons. One, if people don't own things, they don't feel ownership of the country they're in and the country gets super volatile because people feel like they've got nothing to lose. When you have a lawn, trust me, you're thinking long-term...
Nobody wants to raise their kids in an apartment. People do it because they have to, nobody wants to. People want a little house, not some mcmansion, just a little normal house. That is the actual American dream and that is what is totally unattainable for young people...
That is a national emergency. And I know that there are certain cable channels who are spending all this time talking about, "Oh, they're about to elect a socialist in New York City," which obviously, I'm opposed to it. He's not even a real socialist. He's like a trainee vax rich kid, liberal guy. Mamdani, he's a fake leftist, but whatever.
Why do you think that's happening? One of the reasons it's happening is because normal people with normal jobs no longer believe they can win in this system."
Continuing:
"If you're getting rich by loaning money to people at incredibly high interest rates, that's something you're going to have to talk to God about. That is not good. That is not virtuous. That's disgusting. And the fact that nobody feels free to say that, nobody feels like you can just say, "30% on a credit card. Why is anybody paying a credit card bill?" I said to somebody recently, I feel like I'm very moderate and sensible...*When I was a young lad in my first year of college at Valdosta State University, Bank of America set up shop on campus with a stand distributing credit cards and "swag" like free hats, etc. — like a stranger in a van handing out candy to the neighborhood kids.
I said to someone recently, "We really need a political party where it's the Hey, I'm not paying my credit card bill party." And let's just bring down Citibank, not permanently. Maybe permanently. But credit card debt is the single biggest cause of human suffering that I'm aware of in the United States...
I'm not radical. What I am is very worried that if we don't do something really soon, we're going to wind up like New York City, that there's going to be actual radicalism...
30% interest is a lot, especially since they're pushing credit cards on kids like crack*. And I know that conservatives are always like, "Well, it's your fault if you don't pay back the credit card." Yeah, okay, it's my fault, but maybe it's a little bit their fault too. They're pushing this crap on kids."
Males' brains being not fully developed until 25, luring 18-year-olds into credit cards they know they are going to abuse is absolutely predatory behavior that the university administration presumably let happen due to some financial kickbacks to the school, or else to their personal bank accounts.
These people and the institutions they populate are parasites who contribute nothing of value to society; until they are purged like Jesus did to the money-changers in the temple, the entropy will continue unabated.
Reader Comments
Brave AI: " Donald Trump has consistently expressed strong opposition to Central Bank Digital Currency (CBDC), referring to it as a "dangerous threat to freedom" and a mechanism that would give the federal government excessive control over individuals' finances. In a speech in New Hampshire on January 17, 2024, he vowed, " As your president, I will never allow the creation of a central bank digital currency, " citing concerns about government surveillance and the potential for money to be taken without the account holder's knowledge.
Trump reiterated this stance in an interview with Fox News, where he described a so-called "digital dollar" as "very dangerous," warning that it could allow the government to monitor and control financial transactions, potentially leading to the disappearance of funds from people's accounts without their awareness ."
If you look at the main globalist "success"(for them) dashboard [Link] one can see that CBDCs are moving forward (in the US) even though the legislation says no to CBDC. Notice if you move the historic state back to Oct of '22 the US was 'Research'. Right now it is 'Proof of concept'. Meanwhile of course China and Russia are blazing ahead with 'Pilot' (so much for the BRICS "currency")...
The national debt can't be defaulted on so it's not odious. The only way for debt to be odious is for it to be owed to a different currency. So the USD being tied to the dollar means it can't be defaulted.
The National Debt doesn't have to be paid, it has to be refunded. As long as the US pays the interest then it's fine and won't inflate too much. But inflation even causes the debt to decrease because of this setup.
This is all part of Modern Monetary Theory.
But everything is already almost 100% digitalized. It's well over 90%. How is the last few percent going to make a difference?
The US has already defaulted several times: [Link] . And yes it could be happening again soon (on purpose). Once a default happens the "victor" (the bankers) get to setup their reparations etc and the people always suffer and have been suffering for a long time(business cycle - boom and busts - usury - the money changes tables alive and well since Rome).
Its not a few % more... it is replacing issuance of non trackable and unconditional use of money (to pay back the odious/usuary debt) with very controlled use of said issuances of credit. Here it is from the head bankers mouth Agustin Carstens: [Link]
The existence of a seemingly endless source of money is a defining characteristic of a bank or the Fed. The knowledge that they have access to a seemingly endless source of money gives customers the confidence to put their money in a bank. If customers lose their faith in the bank, they may make a run on the bank, and the bank may go bankrupt.
Like how bank creates money by making loans. A loan is a contract between a bank and a customer, where the customer promises to repay the loan plus interest in the agreed period of time in the future. The bank considers a loan an asset, worth at least the loaned amount. One is the asset(bank) and the other is the liability(customer). Which is how accounting is done.
And the Truck Act in Austrailia says:
Payment methods are as follows:
(a) cash;
(b) cheque, money order, postal order or similar order, payable to the employee;
(c) the use of an electronic funds transfer system to credit an account held by the employee;
(d) a method authorised under a modern award or an enterprise agreement.
I know of no other countries that have truck Acts that are in effect that say anything about must be paid in cash only. So either you are wrong or tell me the country where it's in effect?
Since 1789, the United States has paid all of its bills on time.
the bondholders were repaid but on terms other than those specified in their contracts. The Supreme Court also upheld actions that suspended the gold standard.
And you can blame technical glitches that happen. The money was still there.
HeIt obviously lacks the plugin to process and analyze videos.[Link]
Proof that you are incorrect in your statement.
Part I, which came into force on January 1, 1987, repeals the Truck Acts 1831-1940. The Truck Acts represented one of the earliest forms of legal control of the employment relationship and covered two aspects of wages protection which have long been the subject of controversy: the manner of payment and deductions.
A promise to pay the bank in the future is good consideration if it is made in exchange for a promise of money in the present: one promise in exchange for a second promise creates equal value. The contract falls under a promissory estoppel.
The general rule is that when one party agrees to accept a a sum payment and create a debt that tacks on interests, the debtor has given consideration, and so the creditor is still entitled to claim the debt in its entirety with the interests. Which is how money is created.
This is the law.
The american revolutionary war was fought over the money supply issue, and the bankers(and their intelligence networks) won(unfortunately) not the people [Link]
In fact, I don't even read his posts. I have enough computerst at home to "speak" to.
So no a town couldn't just directly pay a construction company because how would the construction company be created? There would be no incentive. It wouldn't be possible to have companies.
I believe this conversation is above your pay grade. As long as you only discuss it with people at your knowledge level you should be fine but whatever you do don't discuss it with someone who actually studied it in college and worked in the industry for 20 years.
You might want to learn about something before you reference it because what you reference proved you wrong. Here's how Pennsylvania money worked(Notice the last line).
By 1723 Colonial Pennsylvania continued to be in bad shape. Finally, the Pennsylvania Assembly had the political courage and tacit permission from England to issue its first paper money in March of that year for the sum of £15,000. The money, called bills-of-credit, was issued down to the denomination of a shilling note, a shilling and one-half note, etc. £4,000 of the £15,000 was for use by the provincial and local county governments to pay for public works, and £11,000 was to be loaned out.
LOANED OUT!
Interest is a jewish/khazar invention.
It started with 1 rule, don't eat the fruit.
That was a big fail.
The creator asks you not to do something, it's a sin. Ask you to do something and you don't, that's a sin.
Pretty straight forward.
And when did God ever ask someone to do something? None of His statements are questions. He doesn't say "Will you go kill these people?" Instead He demands it.
That's not a demand.
Thus the 10 Commandments.
"And the Lord God commanded the man, saying, Of every tree of the garden thou mayest freely eat:"
And God never commanded Eve to not eat from the tree. Only Adam.
[Link]
Thanks for the link, I hope he has a long life.
What kids do is they watch your actions and learn from those. If a parent buys lots of things on credit cards or that they can't afford then so will their children. Just like parents who will tell their kids not to drink or smoke while drinking and smoking. They think you are a hypocrite and if you can do it then they can do it. You are giving them a pass, the same as they will see your debt.
My kids don't have credit cards because I have never had or used credit cards. And they watched me growing up make large purchases with cash in hand. Now I may still spoil them by helping them out with a large purchase but I believe if you have the money to give them who better to give it too.