Candace Owens Vindicated? Inside the Turning Point USA Scandal, ICE Raids, & More | Tom Bilyeu Show
bMdERTWzqyk • 2025-10-09
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Kind: captions Language: en Candace Owens is vindicated over her claims that Charlie Kirk planned to split with Israel that's actually now been backed up by Turning Point themselves. Steven Miller goes ham over attacks against ICE uh and the need for troops in both Chicago and Portland, whether they're targeting brown people. New economic data shows we are hemorrhaging jobs right now. New report comes out suggesting that Xihinping may be losing power in China. So, we'll talk about that. >> I'm going to be honest. So, as we were doing some research and things, we were kind of diving into everything that has to do with um >> Candace Owens and Charlie Kirk. And it really comes down to >> here Candace Owens again making outrageous claims. >> Outlandish. >> Like, this is just another outrageous thing. She's going to get sued in 3 weeks and we're going to sweep it under the rug. I completely written it off. And then she goes live, I want to say yesterday, and that's when the receipts start rolling in. We get confirmations from Turning Point USA. And it seems, I don't want to say instantly, but it seems that the conversation is now slowly starting to shift a bit and people are now open on Candace's claim specifically to Charlie Kirk. Like now it's a bit more maybe it is more credible than we thought or wait a second, how many donors did he lose? How much money was on the table that he denied? And now these other kind of conspiracy theories are coming to light. What was your first reaction hearing about it? And then as you were going through the research, >> we are living in the world that James Burnham warned us about that when you have the volume and velocity of information that there's going to be warfare at the level of what can anybody believe. >> And so I the key thing that I take away cuz I think it's going to have the biggest impact on us as a planet is that when you have manufactured consent, meaning people really can control the narrative. There's only so many ways to convey something to the general public. And so, um, editors of newspapers, they get together, politicians get together, they essentially collude and they tell us, "This is the world. >> Yeah. This is what happened. This is the story. We're sticking to it." >> So, you certainly were not making contact with the truth, but everybody had a limited set of places that they could go to find this information. And it allowed us to move forward reasonably well, certainly here in the west. >> And that felt amazing. So you have freedom of speech. People can challenge the orthodox narrative if they want, but they always end up looking like cooks. And you're basically able to keep a narrative moving forward. And something like the assassination of JFK sort of bubbles in the background all the time of people saying that it's a conspiracy theory. But it's very hard for people to get all of the information out in any sort of credible way. they they lacked the alternative media sphere that we have now. And so because of that, the average person just marches forward with their day, feels like they understand everything. Yeah. Yeah. Yeah. There's like these crazy guys off to the side and they say some stuff every now and then, but the reality is I understand what the world is. I understand how it works. When I act in accordance with the narratives, I'm able to get along with my life. That's all going away. It that that's all gone away. And given that that's gone away, I don't think we yet understand the ramifications of a world that simply cannot come to a consensus. Now, this is where I have to plant the flag and say um truth is not easy to discern and that truth is probably uh the wrong thing to pursue because you're we are not built from a humans don't have the sensors to accurately predict what is true. >> And so we're always looking at approximations. We're always looking at um shortcuts, cognitive shortcuts, cognitive illusions. So people are familiar with optical illusions, but I think that there are cognitive illusions. And I think for the most part, when you look at life, because our physical body makes it impossible to perceive truth, right? My favorite stat to remind people of, you only see 0.0035% 0035% of the available electromagnetic spectrum, which means you see the world's most tiny fraction of what's actually there. Okay? So, you're already abstracted. Once you get into human behaviors and all of that, it's going to be 98% interpretation and 2% facts. So, it's like this thing happened, but what does it mean that that thing happened? So, I'll give you an example to bring it back to Charlie Kirk. So, in in fact, show the tweets that uh Charlie Kirk sent. >> So, we're starting at the very beginning and we'll uh we'll we'll break it down. So, right here is where um Candace Owens reveals personal text from Charlie that shows his intention to split with Israel simply based on donors, simply based on how the shift in the um the perception, I guess, of Israel is changing. >> Yeah. Show show the clip and then then I'll walk people through like the beats. Charlie, and I never said he was going to, decided one day to become Catholic. It would have financial implications. So Charlie writes in this group chat, "Just lost another huge Jewish donor." Just lost another huge Jewish donor. 2 million a year because we won't cancel cancel Tucker. I'm thinking of inviting Candace. Then the person replies to him, "Ug." And then Charlie writes, "Jewish donors play into all the stereotypes. I cannot and will not be bullied like this." He then continues, "Leaving me no choice but to leave the pro-Israel cause." And then the other person responds, "Please don't invite Candace. That might feel good short term, but it's not good long term in my opinion." Okay, so obviously a very brief excerpt. She had gone to um her audience and had said, "Hey, I have these texts." She originally did not show them. Uh, and actually she may have shown them straight away, but nobody believed that they were real. And you had people all over the internet going, "If she can prove that those are real texts, I'll give her every dollar I've made from uh every dollar the Jews have ever paid me." I mean, it was like really wild stuff like that. >> Uh, and >> then lo and behold, let's play the next clip. the uh partner of Charlie Kirk comes on and says, "Yeah, that actually is real." >> So, this is Andrew Calvette, the current president of Turning Point USA, and I think he's been taking over the show. Like, he's been doing the last couple episodes. I don't know if that's a permanent move, but this is him authenticating the text from Canones >> to address some of the things that have been going around on public, namely about a text, a group text chain that has been made known uh and released uh by Candace Owens. And I just want to address it headon because uh you know that was a text grab, a screen grab that I had shared uh with people. So it it is authentic and I want to go into it because I actually am really excited that the the truth is out there. When he says that he's excited that these have gotten out there, he said, "Look, we've been accused of not trying to find out what actually happened to Charlie and we want that more than anybody else." But people thought from our public behavior that that wasn't true, but in reality, we've been cooperating with the investigation and we didn't want to spoil anything. And so we're trying to um just make sure that all of the uh everything that can go forward with the formal investigation can and we're not interfering with that. But now that it's out and I'm not the one that put it out, great. Let's talk about it. Yeah. We can say, listen, this was on our radar. Uh we made it known to the investigation immediately as soon as it happened and so now let's see what happens. So that obviously to your point earlier brought a lot of credibility to Candace because people were dragging her on Twitter saying that she's just completely lost the plot from what she's doing with the um Bridget Macron stuff to this she just like never found a conspiracy that she wouldn't endorse. >> And so for her to be the one that clearly in the world people are like oh you've got something hot you want to get it out. People are going to Candace. Now I won't lie. She's starting to feel like Alex Jones feels to me. >> They do get like a lot of early stuff from people. People really do go, "Okay, when I've got that thing that's like too hot to handle, nobody's going to believe it. I'm going to go to one of those two people." >> But there is something. It does something to your reputation when you're always early on breaking conspiracy theories. Uh so it'll be interesting to see how this how this plays out. If she gets vindicated on the um the Mcronone stuff, it's game over. She she'll be goated. And it it is interesting. Listen, I would never do this because I think people know my foundational belief is don't uh don't overrust yourself. Like the things that you could be blind to are just far too many. Candace herself could be being manipulated by somebody deep deep deep behind the scenes. It's like, yeah, get it to Candace. Uh so I would just be uber paranoid about that kind of thing. But anyway, it's fascinating as somebody commenting on all this stuff to watch like how far out there she's putting herself. So, I've said this before and I'll say it again. She is the commentary version of Michael Sailor and it's like if her bets all pay off, she is going to have all the credibility in the known universe. However, this is a very high-risisk strategy. Okay, so that happens. >> She's all in. She's all in. >> She's all in. She is testic like that. That is for sure. She maybe some of those are even being placed inside. Like this is wild wild stuff. Uh so this lent a lot of credibility for him to come out and say, "Okay, that's real. I don't know how she got it. I think he said those words, but don't hold me to that." >> But anyway, acknowledges that those were screen grabs that he took that he put together. This is real. Um so Charlie really did say that and it I would say that is pretty bombshell. Uh for somebody like me that's always been on the outside of the Jews and I've just always found this fascination weird. Um I will be very curious to see how this plays out because um it it is true that humans in general that governments specifically they will for sure manipulate anybody in any way that they can. I don't think that's in any way, shape or form unique to Israel. But Israel is in such a precarious PR position. If it ends up coming out that this is what they did, oh my god. Like this would be this would be freakish. >> Even even just to save face, you have to you have to like react big to it. Um but the plot thickens even still. So as we're connecting those threads, Candace Owens has text that she would there was some descent in Charlie Kirk's Turning Point USA camp. The president came and confirmed that. Here is a video of her expressly saying that Charlie was fearing for his life days, weeks before he was actually murdered. >> Three people told me off record, two people who have this in a written communication from Charlie, uh, one who is a Turning Point USA donor and I would say very much one of the white knights in this. The very day before Charlie Kirk died, he expressed that he thought he was going to be killed. He told these people, "I think they're going to kill me." Okay? He had not expressed that to me. So, I am telling you this based off the testimony of three people. And I am saying this because I hope that these people who I think are good will be inspired to come forward with that. What she's intimating here is that I have been given even more information than I can tell you that I have specifics. >> There are three people that have confirmed these specifics. It's my understanding she said one of them did so in writing. >> And I am saying I'm not going to betray that. They told me off the record and as a good we need a new word for what >> you can't call it journalism. >> That doesn't feel good. Uh, but it is some conspiracy. >> It's a new era of something. We'll be right back to the show, but first I have a question for you. What do construction crews, retail teams, and healthcare workers all have in common? They're all part of the 80% of the global workforce that doesn't sit at a desk. But here's the problem. Most management tools act like everyone has a company email and works from an office. That's where Connect Team comes in. It's an all-in-one employee management app built specifically for teams that don't work behind desks. Time tracking, scheduling, task management, digital forms, team communication, training, all-in-one mobile first platform. Stop juggling multiple systems and get your time back with Connect Team. It's free for teams up to 10 users. And if you have a bigger team, there's a 14-day free trial with no credit card required, so you can see for yourself how effective it is. Click the link in the show notes to try Connect Team for free today. And now, let's get back to the show. People are bringing her information. She really is able to show people um behindthe-scenes stuff that's turning out some of it to be valid. And so what I want to see is basically like will the people actually come out because she's trying to use the like listen I'm not going to rat you out so if you want to stay invisible go for it but you know who you are. I know who you are. I want you to do the right thing. I think you're a good person. Right? So she's trying to pressure them to come out and say the stuff. >> Uh which obviously would be amazing. But >> somebody really did kill Charlie. So, I can understand why people would be tense. Presumably, Candace believes she knows who these people are, and she is intimating, at least how I read it, that those same people have been making her life a hell. Uh, but nobody's naming names yet. So, all right, let's play it. >> But I went ahead this week and sent around a life insurance policy of sorts of sorts, a package rather to people that I trust. a package filled with text messages, emails, private communications, videos, and private legal documents. So, if anything happens to me, you guys will know exactly who it is that has a making my life a living hell over the past couple of years. People that are trying to bankrupt me, trying to bankrupt me and my family that are threatening us to sue us. Everything that Kanye said was so real. Okay, I'm now at that point where you look back and you go, "Man, Kanye was right. He was really saying something. about what it takes to lose comes back and we're like, "Yo, Kanye was early, bro. >> He was early. >> Kanye did it again." >> That was Kanye's undefeated. Yo, >> the wildest thing ever. >> And he he would be intolerable. We wouldn't be able to tell him anything. >> Will be as in future. In the future, >> you just he's just going to have the shady glasses on. He going to bring them back. >> But are we in that timeline, dude? That will be the most insane thing ever. Okay. Anyway, this is all hearsay right now, but let her keep going. She's got a dead hand switch. >> Or custody of your own soul. Just leave me alone. Let me say what I believe and you say what you believe. Fight fair. Why do you always have to make this threat to bankrupt people? >> She has a point there. It's like uh the process is the punishment. That is an amazing quote. The process is the punishment. Like there are people that have enough money that they can Yeah, whatever. or it costs a couple million to go in and fight this for the next 2 or 3 years, whatever, doesn't matter. >> And just bankrupt the other person. >> Yeah. And they'll just literally make your life a nightmare. First of all, it's extremely stressful. And then on top of that, it's very expensive. And if you're in a position where you're vulnerable, then it's like financially vulnerable. >> Then you're just like, at some point, do I cut bait and run? Because would I rather the whole world think that I'm wrong and me just go do another career and not be millions of dollars in debt or do I fight this all the way knowing that I could still lose either legally or in the court of public opinion >> and now be the millions of dollars in debt and having lost. >> It's wild. And so people coming after someone like her presumably. Listen, we don't know who it is. So this could all be made up in her head. But uh that certainly is a real strategy. Whether that's being done to Candace or not, it is a real strategy. Uh and many a very wealthy person, organization, government have run that kind of strategy before. So we certainly know that's a legitimate thing that can happen. Now whether it's happening to Candace, I don't know. But again, we're back to these sort of vague claims. Uh, but I think it's going to be all eyes on this story for a while. But let her keep going. >> Think happens to me. They have my explicit permission to release it all. Detonate it all. Expose all of these people in politics and in the movement who behave like this behind the scenes. It's necessary. And I highly recommend every single person that is out there that has a platform and is going through things and scared do the same. Send everything around to about eight people that you trust. And I mean I I've ranged it. I sent it to journalists. >> Someone somewhere is like eight people. I got to take it out people. Okay. To Andrew Tate. They won't know where it's coming from. >> This is going to be wild, man. This already is wild. Okay. You are at the beginning of something very big. >> And uh a year from now, people can play this clip. I'm telling you that when you have the amount of information getting out into the world that we have now, something is going to break. I don't know precisely what that's going to be, but things are going to get wild. Humans need a shared narrative in order to march forward together in lock step. In fact, I'm so I'm writing right now a deep dive on the collapse of America. And it's really weird. I wanted to sort of eject out of it. Um, obviously in my typical fashion, I'm trying to show people a way forward, like this is how we navigate this, well, but the more I tried to say, okay, wait, it's really not this bad. Like, it's not happening. It uh it really does become undeniable. I'll let people judge for themselves. It'll be out in a week. >> But the need for a shared narrative is part of how we move forward well. And if we don't get a shared narrative, we will not be able to move forward well. And the bad news is I can I do in the piece state very explicitly what I think the shared narrative for America needs to be. Uh I even use the word we need to indoctrinate our children. And I'll let people decide for themselves whether they think what I'm suggesting we all collectively decide we're going to indoctrinate kids with is good or bad. Um but I don't see another way like we we really do. It can't be forced from the top down. It's got to rise up from the bottom up. Uh, and admittedly when I was writing the things that I was writing, it's like I end the paragraph going, "Look, I know how cheesy that sounds, but it's like if we don't do that, we're going to be in trouble." And I have almost no faith that as a collective, we'll be able to march forward with a shared narrative. I think shared narratives are born out of pain. >> And I think a country has to go through, I mean, this is China's rise. >> China first had to go through a century of humiliation, their words. And with that, they were able to galvanize people with a shared narrative. And now that they have a shared narrative and things are going well, it's like you can't stop them. So, we're wildly prosperous, but because we're declining, even though we're still ahead of basically everybody on planet Earth, that decline feels some kind of way. And we absolutely do not have a shared narrative. And we have um this is going to be a weird word. We have quote unquote allowed people to bring all these fracturing negative uh narratives, which you have to cuz freedom of speech for me, I I'm prepared to live in whatever world freedom of speech brings me. And if it brings me this where we're dealing with all this, so be it. >> Uh I have a very strong position on that if people want to debate it. But um we're going to live in that world. But because we have allowed for all these competing narratives about what America is, what it means to be an American, where we're headed, where we've been, um, we can't move forward unified. And there's a phenomenal Thomas Soul quote. I'm going to paraphrase it. Uh, but the quote is, "There has never been a claim made with so much conviction that lacked all evidence more than the claim that diversity is our strength." Mhm. >> And he's like, diversity is not our strength. Diversity is the thing we have to overcome in order to move forward together unified. Unity is our strength. So the question is when you celebrate diversity to high heaven, how do you move forward together with something cohesive? And you have to. >> Let us jump into the Steven Miller on CNN uh debate. And since the day we came in, ICE officers have been subjected to a non-stop campaign of physical violence and harassment. Every single day, every night, they come, they fight, they physically attack for what purpose. Is it the case that as Pritsker frames it, you are profiling brown people? >> That is the It's such a Oh, what a dumb question. The illegal aliens who are here are taking jobs away from blacks. They're taking jobs away from Latinos and of course they're committing. >> So, it's not a dumb question and the only honest answer is I certainly hope so because if you are not playing the odds that like if you know illegal aliens like that's where you're going to start. So from an efficiency standpoint, boys and girls, can we just call a spade a spade? But obviously he can't say that. And so I mean kudos to him. The administration would have lost their minds. But to me, when he laughed and said, "What a dumb question." That felt so fake. >> Yeah. >> So, uh, yes. >> And I want to say that they >> Mexicans are being profiled. I'll just tell you that right now. And I've got a Mexican right here. Uh, and we walk Eric to his car to make sure that he doesn't get I'm kidding. I'm kidding. I'm kidding. >> No, but there is this sentiment now though that it's the stop and frisk stop and frisk equivalent. For those that don't know, New York City, there was trying to cut down on crime. Every time a cop seen somebody that they suspect, they could stop them, frisk them right there on the spot. No questions asked. Yeah, it listen, it's horrible. So, I think it's also that Yeah. >> Yeah. horrible. >> Mhm. >> Logical. >> Um I don't know if you also seen this weekend over um when ICE they blocked a bunch of cars blocked. >> I need to let him finish. He's got more spicy stuff. >> There isn't actually a threat that these demonstrators are going to overthrow the government. Are you concerned that that response weakens your legal argument? No, they they are actually as we speak trying to overthrow the core law enforcement function of the federal government. Bors, this is I think what we're talking past each other. When ICE officers have to street battle against Antifa, hand-tohand combat every night to come and go from their building. when they try to exit in a vehicle, when they are swarmed and surrounded and they try to tip the vehicle over. When people bring weapons to an ICE facility to try to engage in direct violent assault against ICE officers, what is the purpose? It is to prevent immigration and customs enforcement from carrying out the mission the American people elected them to do. Their objective is to make it impossible for ICE to carry out ICE enforcement. When in our history have we tolerated unlawful riotist assemblies night after night around FBI buildings or ATF buildings or DEA buildings? This is the textbook definition of domestic terrorism using the actual and imminent threat of violence to keep federal officials from doing their jobs. And unless we send in troops and resources, then we will continue to bleed federal law enforcement resources in these street battles. It's absurd. It's unconstitutional. must be put down. You >> you cited uh title 10 a moment ago and under that statute you need either a foreign invasion, a domestic rebellion or a disturbance that inhibits the the ability for law enforcement uh to carry out federal law, but ISIS is still conducting operations. >> I think these guys are like way reaching to call this stuff an insurrection. Um, it it feels like a classic case of they threw that at us and so we're going to throw it back at them and feels uber childish, but I really don't understand why. Like the I think it was in Portland, the argument was like, bro, it's just the city block. >> Wait, what? Like you you've knowingly let protesters take over a city block >> that are like blowing things up, lighting uh fireworks, uh harassing the ICE officers. Like it's what? Like if you would just go in and break that up. And that was the part that I was hoping that we could find. Um >> somebody said we cut right at the best part. So hey >> Oh, is he about to get even spicier? We keep going. >> Hold on. Let's play. >> Hasn't been overrun. It seems like local officials are fairly in control of the operation if I still able to execute its mission. Is it not? >> Do you have any idea how much of ISIS's workforce and resources have had to be rep prioritized? How much of the joint terrorism task force's resources have had to be rep prioritized to fight these domestic terrorists? Do you have any idea how many resources are spent? You keep trying to call them terrorists. They >> No, if anything, I'm understating the severity of the situation. What issue was more central in 2024 than turning back the border invasion? And since the day we came in, ICE officers have been subjected to a non-stop campaign of physical violence and harassment every single day. And outside the Portland field office in particular, every night they come, they assemble, they fight, they try to impede movement, they physically attack. For what purpose? Cuz we had an election, Boris. We had one. What's the purpose? to use actual physical violence to change the result of the election to say you cannot turn back the border invasion. So they're they're not doing it to change the results of the election. They're doing it because they want to resist your policy. >> Uh so that certainly goes too far, but I really cannot wrap my head around the fact that people are um they're just okay with like, yeah, we're going to have people like going that ham like peaceful protesting all day every day. love it the most. But once you start being riotist, then the government should 100% come in, break that up, tell people to go home, you can come back when you can like protest peacefully. Period. End of story. Like there people act like protesting means that there are no limits to the thing that you can do as long as it's a protest. That's not how this works. It's like there are certain ways that you can and can't do this. >> Yeah. Uh I think he he's at the last point. Let's let it go a little bit more. Do you have any idea how many resources we have had to reddesate to deal with terrorist? Let me ask the question. Let me ask the question. You you make the case that these are terrorists, but in what we've seen thus far, the actual incidents of people inciting violence and not responding to law enforcement attempting to disperse them are not an open rebellion. I mean, again, you you you make this characterization as though they're terrorists. And I do wonder if it is potentially a problem in the future for Republicans. If a Democratic president someday calls the National Guard to a red state over what they see as open rebellion, but is what amounts to a demonstration that gets rowdy? I mean, is that posting pictures of their kids because it's a demonstration? They have a sniper on top of a building firing a high caliber rifle at a nice facility because it's a demonstration and they are engaging a vehicle ramming. >> But the National Guard is being sent to Texas. National Guard isn't being sent to Dallas where that sniper was. >> Because the Dallas Police Department and the governor of Texas Well, you walked right into that one. Have responded to every call for assistance and help. They gave a standown order in Chicago and they gave a standown order in Portland. Do you realize that there's 11,000 federal law enforcement officers in Oregon? That's larger than the size of the FBI. Local and state police are resourced to deal with this kind of riotous assembly, but they have refused. They've been given a standout order. So, >> they've arrested 70 people. >> Well, >> so it's wild. He goes on to say that they have a 911 call where they are it's on record them getting the standown order. It's wild. >> I know a PTA meeting hates to see Steven Miller coming. Like I just >> a PTA meeting. >> Yes. A parent teacher like conference. >> I know what PTA I just feel like Steven will be the worst. Like he has to be the worst at like dinner where it's like well I just ordered the salad and I feel like this is an intrusion and you guys like he's definitely one of those like let's go to a birthday party and everybody split the check and he's like well guys I don't really drink that much so I'm going to get my bills set. Like I get those vibes from him. Y'all get what I'm saying? Like it's just something just the Yeah. Like his whole point. All right. Uh he's way too over the top for me. But uh here here's the thing that I I'm not sure that I understand the sort of um generalized take on this. >> Like the push back. >> No, no, no. You you cannot have people come into your country illegally. >> And to me, like if we're going to focus on a conspiracy, let's focus on the fact that for 4 years we had an open border. That is insane. So it what I want answers as to why people think. So you look up at the night sky, you see the star, open border. What what story are people telling themselves about that? Are they this is just compassion and America is an amazing place and we want to make sure that we welcome everybody in. Uh if that's you, you're a [ __ ] So now I'm like you you're not attached to the real world. You don't understand how many ways that that is going to go wrong. So even if that's the answer, that's stupid. Uh if it's like we want to import cheap labor, it's like and then at the same time you're going to notice that wages have stagnated. Okay. So you're offshoring jobs as fast as you can, you're onshoring cheap workers as fast as you can. What like that's also a problem. Uh, so it's like I this this is one where everybody who cares about young people, the kids, the next generation, however you want to think about it. If you care about wealth inequality, you've got to look at this and go, "Okay, this was so catastrophic. We've got to address this." And people seem to get lost in all the minutia, all the details instead of going, "Okay, this is a problem." So the fact that people are protesting this at this level that this is the thing that we've got to talk about like people having sniper rifle trained on the building like that they're trying to dox ICE officers. What is happening right now? I can't figure out what they're actually fighting for. >> Mhm. >> So that's the part where I'm like this doesn't make sense. This does not make sense. It is a massive problem. It's part of the underlying economic issue that's making life in America so difficult. And so the very people who part of the reason that they're so angry is because of the economic woes cannot step like over to the side and look back at it and go, "Oh, I get how uh one of the biggest problems that we've created is we have robbed the average worker's ability to negotiate." Well, and ironic. >> Is is that the immigrant's fault though? I feel like >> that's part of it. You have a onetwo punch. If you want to know why workers lost the ability to negotiate wages, it is very simple. You outsource jobs and you imported people that will do the jobs that we have here for cheap. Because listen, if the cost to mow your lawn is uh twice what we're paying now, then it's twice what we're paying now. There is a point at which people say, "Oh, I actually want that thing done and so I'm willing to pay for it." But instead, what we did, and I remember like I'm old enough to remember when nobody had house cleaners except wealthy [ __ ] >> Yeah. >> And now, like, >> man, I see people making 200 grand that have a housekeeper. It's like, what? 200 grand in 2025 and you have a housekeeper? What are we talking about here? And that is because we have said, "Hey, we want to bring in a bunch of immigrants that will work for really cheap." Rather than going like, let's just say that we're willing to bring in whatever 500,000, a million, two million, whatever. Pick your number. >> Uh, if you're going to bring in immigrants, then what should we care about? If you want to freeload, what should we care about? >> No, no, no, no, no. We're not escaping that. If you want to freload, there is a real answer. I even gave it at the beginning of the podcast. If you just want a freeload, you will import entrepreneurs because entrepreneurs generate tax revenue. But we're not. We're importing cheap labor. And so by importing cheap labor, we've created this mythology that well, Americans aren't going to do those jobs anyway. That's [ __ ] If you pay them enough, Americans will do jobs that are outright [ __ ] dangerous, let alone boring or quote unquote demeaning. It is merely a gap in what people are willing to pay. >> Yeah. So either we don't care about that thing, having someone come in and clean your house, mow your lawn, whatever. Which, hey, back in the [ __ ] ' 80s, that's what kids were for. So I have mowed more lawns than I care to talk about. I have done more house chores than I care to talk about. So it's like, listen, you can't just keep importing cheap labor. You can't keep outsourcing high-end manufacturing and expect workers here to have the ability to negotiate because like I can always find somebody that'll >> I agree with that. And those sentences said together make sense. However, in the context of immigration and why people are upset, I feel like those are different people controlling that because the H1B1 visas aren't the same demographic in my opinion of the people that are fighting for immigration or more lenient borders. >> Unfortunately, it's a very similar setup. So, uh, an H-1B visa should work in the following way. You find the talent that you can't find here. You pay whatever you need to pay because that person is worth their weight in gold. That's why you went all the way to [ __ ] New Delhi to find them and you import them here and you're like, "Oh, thank God. I could not I literally couldn't find this person here because America's not training people to do that. America doesn't want bear with me. Bear with me." >> Uh I'm saying this is what it should be. It isn't this. Okay. >> So, it should be this. Instead, what it is is, oh, I'm going to go get just an average engineer for 20% or less and I'm going to bring them in. So, again, you're making it impossible for American workers to negotiate because you're like, "Oh, you won't do it for that amount? Say less, fam. Got you. I'm going to go get somebody that's cheaper." Now, I have brought people in on an H-1B visa and legitimately, it's because I cannot find the person here in the US. doesn't mean they don't exist, but I can't find them. For whatever reason, they don't want to work in my company. Whatever. I've in no way, shape, or form thought, "Ooh, this is how I'm going to get a cheaper worker." So, it can work well. There's no reason like for that not to be a thing. We should want America to be the place that the best and the brightest the whole world over come to. And if people would understand that the problem is the government is stealing all of that innovation led to flation. So, we want to collect the smartest people from around the world. And that is good for us because you're going to drive costs down. But instead, what ends up happening is none of that gets passed on to you. We just pay in the most inefficient way possible for everything under the [ __ ] sun. And now all of a sudden, inflation just keeps going up. And your life is not better. Your life is measurably worse. But it's measurably worse because of policies. It isn't measurably worse because we're attracting the best and the brightest. We're not. We're importing the cheapest labor we can find. >> Copy. Um, I kind of want to start at the beginning of this because I feel like I'm starting the argument on third base and I feel like we should we should start at the beginning. Yeah, we should kind of ramp ramp it up a little bit because >> in context of the Steven Miller clip right now, we have open borders. This is terrible. It's terrorism on the local levels. >> I understand the there's your your affinity to hate protests and riots and we need to >> Yeah. You you you've been on the on the a peaceful protest. It has to look a very certain way. When it goes outside those lines, you think Law and Order should step in. Is that a more accurate representation? >> I like Law and Order. Tom likes Law. >> Tom likes Law and Order. Cool. >> So, I get where how things should look like and them not looking like that. I understand that. >> Yep. >> Now, let's go to the next layer. On one side you have ICE who for the first time I can remember and I follow politics since Obama the first time. I've never seen masked like law enforcement officials >> are able to patrol uh communities. They're not read rights. They're thrown in the back of vehicles and disappeared. >> So to me that's like like state sanction right after 9/11 we were straight kidnapping people. Your your [ __ ] now that's not defending it. No, no, but yeah, but that was that was an engage of terrorism. It's a terrorism. Once once you're terrorist, your rights are gone. >> I'm telling you, he is literally saying we view these guys as terrorists. >> illegal immigrants are now terrorists. >> Uh, no, he's not saying that. He's not conflating those two issues. He's saying people attacking ICE are terrorists. >> And what I'm saying is it's not the people attacking that are getting thrown in the patty wagon by the mass people. It's the Abua that works at the dry cleaner that just happen to be outside when the ice trucks went. say the Abua is also getting thrown in the patty wagon, but I think these guys really want Antifa. Like they would go after the protesters first. Like they're not going to knock the protester back so that they can get Abua into the van. They're going to let go of Abua and just beat the life out of that guy, which these are not good things, but this is I think would be their they would much rather fight against that person who they perceive as a Democrat lunatic >> uh and just beat them. But I I think what ends up happening now though is when we have Steven Miller um the most caringest person in the Trump cabinet when he comes on and starts pushing dem uh deportations as if the left is scared of deportations when we deported more people with Obama. Obama was able to deport people without mass without patty wagons without all these things. So I don't necessarily think it's a function of these people don't want people in their country or we're arguing on it's how we're doing it. >> Here's the thing. We were not in a populist moment when Obama got elected. When Obama got elected, I stood next to uh I don't know why it's always an important part of the story for me, but I stood next to Jared Leto at an airport. Not that he has any idea that I even exist, but we were standing next to each other and we were looking up at the TV screen. We're like, "Holy [ __ ] Obama got elected." Like it it felt some kind of way. Like it really did feel like hope and change. It was awesome. And so he comes in with that vibe. Of course, if he's like, "Listen, we just got to do this in his suave ass way." And yeah, we weren't in the economic dire straits we're in now. We had a president that felt presidential. It felt like hope and change. And he's telling us we got a deport. He's telling us we got a [ __ ] drone strike. People were like here for it. >> So it's a very different time that we live in now. And if you think of the official that comes to power as representing what's going on in the subconscious of the like popular zeitgeist, things will start to get a lot clearer. So Trump is the thing that has sprung forth from the imagination of the populace. Now we want a strong man who's going to slap the opposition around. That's what we want. That's what people want in a populist moment. Like as far back as you go in history, you're going to find this over and over and over. So of course you're going to get your Steven Millers. Of course you're going to get people who are like, "Yeah, mask up." But you're also on the other side. You're getting people that are like dox the [ __ ] out of them. We're going to get counterbalance. Yes, dude. We we are racing away from each other. This is why I am desperate with my deep dives especially like I am just trying to get people to understand you must find your way to the middle. I get that you don't want to be in the middle. I get it. It's compromise at a time where you don't want to compromise. I fully understand. >> And yet I'm not confused. I'm saying you still have to find your way back to the middle. You have to find a way to work with these people that you perceive as lunatics because they need to find a way to work with you and they perceive you to be a lunatic. And so it's like, hey, >> we're we're in a family. >> Mhm. >> Divorce is a lot worse than reconciliation. We've got to find a way to reconcile. So in a populist moment, yes, you're going to have the people that are up there with the sniper rifles aimed at the ice building. Yes, you were going to have ICE people wearing masks because they know they're getting doxed. Yes, you're going to have people trying to dox their family. Yes, you're going to have people say things. I just saw a tweet yesterday where the guy finished it off by saying, "Don't die slow or anything." So, it's like people >> people are unhinged there. Not everybody obviously there's far more lovely people than there are problematic people. But the problematic people now are dictating policy. It's that's what's driving the vibe. that's what's driving the national conversation. And so once you understand that, that is a it is not fair to say, well, Obama acted one way and Trump acts another. They are both essentially figments of the imagination of the public. They are the person who said and did whatever they needed to say and do to get elected in that moment. They are the person that had the temperament in that moment to succeed. Now, it you don't have to go far to find people that would be like, "Obama's the one to blame for this." Like, he spouted all the racial rhetoric. He made everything super divisive. Everything came down to race. And so that played into it. And I will just say once again, all that matters, fix the [ __ ] economy. And if you fix the economy, all the other stuff will recede into the background. Once again, >> let's jump into a reaction. Um the job market um has recorded one of the biggest losses in years. Um it's interesting, too, because I know you're kind of at the front line of this with Zero, the founder. You're seeing a lot of new entrepreneurs and people being forced into entrepreneurship now. And with these job numbers for the last couple months, it seems like that is going to be a growing pattern as we keep losing jobs. >> Yeah. I mean, listen, I think that we are I think we've been in a stealth recession for a year or more. >> Wow. >> So, >> we are witnessing the biggest job loss in years, which is going to force the Federal Reserve to continue cutting interest rates. The official jobs report by the government was supposed to be released on Friday, October 3rd. However, because the politicians could not agree on a government funding bill on time, the federal government has shut down. And consequently, the Bureau of Labor Statistics did not release the reports. Therefore, people have been relying on the ADP jobs reports, which at least gives us insight into the labor market situation in the private sector. And for the month of September, the ADP report shows that the private sector lost 32,000 jobs. This was the biggest decline in 2 and 1/2 years. Another reports that we'd like to look at, regardless of whether the BLS jobs report is released or not, is the Challenger report. This is on page one of the report. And in the chart, I've highlighted the months of 2025. It says, "So far this year, companies have announced 946,426 job cuts, the highest year to date since 2020." >> That is 55% higher compared to the same time period in 2024. And on page two of the report, it says it's very likely job cut plans are going to surpass a million for the first time since 2020. Again, we're currently at 946,000. So, I would say that surpassing that amount is very likely. And it says that previous periods with this many job cuts occurred either during recessions or during periods of transformative technology. So for here I mean of course there are so I think what he said at the end is really the bangers that it's either been in times of recessions or transformative technology. So I know a lot of these job cuts are coming from AI being onloaded to a lot of these software and tech companies. Some of them is just the co money is running out and the overinflated economy is coming back to life. Um, in general, how are you feeling about the jobs report, the jobs situation in >> I mean, it'll be good to get the Bureau of Labor statistics and uh get the quote unquote official numbers, but yeah, none of this is surprising. This is terrible news. um we we are in a position right now where you basically have whatever seven companies that represent most of the gains of the S&P 500. So you can look at the stock market and think everything is roaring, but the reality is that that's not really what's going on. That um inflation is hitting everybody hard. Uh that people have felt pinched for years now. Um and when people start feeling pinched, they start slowing down their expenses. when only 10% of the world own 93% sorry 10% of Americans own 93% of the assets in America uh you just don't have enough people spending money >> uh the individual debt in America is insane trillions and trillions and trillions and trillions and trillions of dollars uh so it's just people are so hamstrung right now that um yeah you're you're going to see more and more and more of this especially as we realize that the jobs that were gained were in the government sector and so they're not producing anything. Um, and that just makes inflation worse that when you're overspending on the government that you're going to have to end up reducing some of these jobs. So, I mean, we'll see how bad this gets. Um, but it we're we are trending in a scary direction. >> There's no doubt about that. >> What how would you like equate the government like okay, say the economy is a cake, right? Do you think that the jobs report is like the flour, the eggs, or is it more so the icing and there's other factors that are driving these jobs reports? Cuz I know a lot of times we look at the jobs report, we say this is bad, economy bad, check, but should there be other things in this cake recipe that we should look at that might impact >> where the jobs go matter a lot. So you start getting into flour and eggs territory. If this is in jobs being created in the private sector, that is an incredibly good leading indicator. It isn't the thing itself, but GDP technically isn't the thing itself either. Um, it's really you're looking at a confluence of factors. Are real wages going up? Huge. Uh, is inflation steady at a minimum at a very low level? That would be ideal. I think we all know I want to see it come down. Uh, where are interest rates? What's the average price of a home? like you start looking at that like basket of goods and you get a pretty clear picture and right now just take them one at a time uh jobs are in freef fall. You're realizing that most of the jobs we thought we had gained we hadn't actually gained because they were just in the private sector and we've been revising numbers down like crazy. Um the uh economy is not growing certainly not at the rate that we expected it to or traditionally have been um able to look at. The uh
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