Come see us live in Los Angeles, Buffalo, Toledo, Montreal, Ottawa, Glasgow, Manchester, Belfast, Dublin, London, Liverpool, Birmingham. Go to JimmyDore.com for a link for tickets. Hey, this is Jimmy. Who's this? Hey, dude. This is J.D. Vance. Hey, Mr. Vance, Vice President. How you doing? Have you said anything that's made people furious lately?
No, actually I have not. I've shifted focus away from making people mad recently and have begun to really dig into a new project. Oh, what would that be? Founding a new political dynasty. What? Did I stutter? You heard me. The Vances are going to be the new Kennedys.
You know, I was really impressed by getting to know RFK Jr. and working with him and just the cachet that Kennedy name has. It's like royalty. There's no way he would be where he is right now if his name weren't Kennedy. And I think that's awesome. Yeah. So I want to start one of those families. That's what I'm doing. And how are you beginning this project?
Uh-oh, you haven't heard? No. Jimmy, I'm pleased to announce that my half-brother, Corey, is running for mayor of Cincinnati. No! I didn't hear that. That's a pretty slow start to trying to match the Kennedys.
Well, you have to start somewhere, dipshit. My son is too young to be appointed postmaster general or whatever. Although he is oddly obsessed with the mail. He runs to the window every time the guy comes and just stares. And then he counts the letters. It's a little weird.
Yeah. I asked my wife, Usha, is this an Indian thing? Okay. Okay. And Jimmy, this might blow your mind here, but among my extended family, there are not a lot of good candidates for higher office. Corey's the best we got. And even him, we're testing the waters with Mayer.
Of Cincinnati. Jerry Springer was that. Yeah, I know. Well, hopefully you and Corey can get your Vance hegemony up and running. Well, his last name isn't Vance. Oh, he's your half-brother on your mother's side? No, we have the same dad. I don't get it. Hmm.
Okay, his name is Corey Bowman. When I was born, my name was James Donald Bowman. What? But then my dad left and my mom married some other guy named Hamill briefly. And then my name became James David Hamill. And then he and my mom disappeared and my Vance grandparents took me in and just called me JD because they weren't sure which middle name to use. That is a crazy story.
Oh, what? You've had the same last name your whole life? Oh, I'm sorry. I didn't realize I was talking to the Duke of London on a golden telephone or whatever. I must say, that's a pretty humble origin story for a political dynasty, right? Yeah, and that's good, actually. If you were on your third last name so far, that signals to people that you do not come from money.
The Kennedys were a fancy-pants political family. They had estates on Cape Cod, played touch football, and all went to Harvard. The Vances will be the Kennedys for people who drank so much grape soda growing up that it permanently affected their body. Ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha
Yeah, but not everyone in your clan is named Vance, though. What are you all called? The J.D. Vance Extended Universe. Okay. Well, very catchy. Is your half-brother Corey doing well in his bid for mayor, though?
No. There was a Republican primary and he pulled it 13 percent behind the incumbent mayor who got 83 percent. A situation which in political lingo would be described as no bueno. But he did beat a third dude who I assume murdered someone. So he does go on to the next round or whatever. Do you think there's any hope in this campaign gaining momentum?
Maybe if he polishes his messaging a little. What's his platform? Very unclear, Jimmy. He's an evangelical pastor, so a lot of God stuff, of course. But also Skyline Chili? Yeah, yeah, Skyline Chili. I know. What about it?
Well, yeah, that's the thing. We've been over this, actually. He's just like, I really like Skyline Chili. Maybe that could be my platform somehow. Yeah. It's probably like when you're helping someone start comedy. Like, how about Skyline Chili? Is that a bit? It's like, okay, you need to find an angle. Like, he's sort of at open mic level right now. I get you. Well, best of luck to you and the J.D. Vance extended universe there, J.D. Vance.
Thanks, dude. Starting a political dynasty is a daunting task, but somebody has to do it. Actually, no, nobody has to do it. We don't actually need dynasties. You ever think of that? Whatever, man. Are you worried that members of your dynasty will be assassinated as much as the Kennedys were? You ever think of that? Um...
I had not thought about that. But now that's all I'm going to think about. Gee, thanks, Jimmy. A way to really infuse some positive energy into my endeavor.
That's a fun brain worm to have. Awesome. Cool. Okay, then. Well, I have to go shop for Popemobile-like vehicles and military-grade flak jackets. Have a great day, Jimmy. Okay. Stay safe, J.D.
We have a very special guest with us. Catherine Austin Fitz is here. She's an American investment banker who served as managing director of Dillon Reed and Company and as the United States Assistant Secretary of Housing and Urban Development in the George H. W. Bush administration. That's the first George Bush. I remember that George W. Bush.
A lot of people say Israel got him pushed out. She co-authored a report in 2017 alleging that $21 trillion in unauthorized spending by the U.S. Department of Defense and the U.S. Department of Housing and Urban Development over a 17-year period. Now, of course, that's all crazy talk. That didn't happen. She's making it up. The government takes good care, is a good steward of your money, and they would never do something that is just... Anyway, welcome to the show, Catherine Austin-Fitz.
Thank you, Jimmy. It's a pleasure to be on. So before we get into, I'm going to bury the lead and we're not going to talk about that right away. I wanted to, because this just broke today and I wanted to just get your opinion since you worked in the George Herbert Walker Bush administration. And of course, everybody's following what's happening with Israel, Palestine and Trump and Netanyahu.
So we know that, well, it says Trump cuts ties with Netanyahu over manipulation concerns. And this comes from Israeli Army Radio, says that the United States president has cut off direct contact with Benjamin Netanyahu amid growing bilateral concerns. Now, we know he fired Waltz because Waltz was using a secret Israeli app right in his office, right from the Oval Office office.
while supposed to be advising the president on national security. And there he is on a signal app that's used secretly, was a secret app just for the Israeli intelligence. And so he was a spy inside the... So he got rid of them, and I'm sure that upset him. U.S. President Donald Trump has decided to cut off direct contact with Israeli Prime Minister Yadar Kozin, a correspondent for Israeli Army Radio, said in a post on his Twitter account that Trump made the decision...
After close associates told Israeli strategic affairs minister Ron Dermer that the president believes that Netanyahu is manipulating him. Huh.
Kid, that is some kind of crazy talk. I'm shocked. I'm shocked to find out that gambling is going on in this establishment. The next thing you're going to tell me is that the vaccine isn't safe and effective. An Israeli official added that Dermot's tone during recent discussions with senior Republican figures about what Trump should do was seen as arrogant and unhelpful.
The official said that people around Trump told him Netanyahu was manipulating him. There is nothing Trump hates more than being portrayed as a fool or someone being played. That's why he decided to cut contact with Netanyahu, the official said. Kozin pointed to the Israeli government's failure to present a concrete plan and timeline regarding Iran and Yemen's Houthis as a source of the worsening U.S.-Israeli relationship. The Army radio correspondent also highlighted that
that the Netanyahu government has failed to offer a concrete proposal on Gaza. Yeah, because their proposal, they don't have... We all know what their actual goals are. Their goals are is to ethically cleanse Gaza and the West Bank and take it over. And they used the... That's why they're not getting the hostages out, which is why the people in Israel are protesting Netanyahu because they know he doesn't want the hostages out because they know his real plan. So anyway...
We've talked about this a lot. I just wanted to get your take on this. Do you think this is... It seems like recently Donald Trump has been sticking the thumb in the eye of Netanyahu in Israel, especially with how he's approaching Yemen now. He's got a deal with Yemen where he stopped bombing Yemen if Yemen doesn't bomb our ships, and he doesn't care if they bomb Israel's ships anymore. What's your take on this? So I want to see...
I want to see three things from a president who's really serious about this. The first is he makes AIPAC registers a foreign lobby. Second, he requires disclosure by any government official or member of Congress as to whether they have dual citizen passport in our citizenship in any other country, Israel included. And third, we stop funding the genocide in Gaza.
So Netanyahu can only do what he's doing because we're funding it. That's 100%. I mean, Israel, you know, it drives me crazy, many things. But one of them is that, you know, they have free health care or they have Medicare for all in Israel. And we don't. And we're supplying them all their armaments and we're supplying, which is, I guess, way worse than a thing. But...
So you don't, so you're not sure if Trump's real about this. If you're, if you're going to fund a genocide and then play this little theater to me, it's only theater. So when I was, when I worked in Washington, I used to, um, I, I didn't own a TV when I got there and somebody said, you can't work in the administration without a TV. You have to watch the Sunday shows.
And so because of the job I had, I was deeply tracking the whole budget, not just the mortgage and housing budget. So I'd be working all week long on the budget and I'd be looking at where the money was going and how they were racking up the money. And then I would watch the Sunday shows and they'd go yakety yakety yak. And it was two parallel universes. And and the real deal was what was happening with the money. And then the talk was just talk.
So if Trump is providing massive amounts of money to Israel so Netanyahu can do everything he's doing while he's saying that he's not speaking to him, I don't think Netanyahu cares whether he speaks to him or not. He cares that he funds him. So you think...
So you're saying this might just be theater, and I would take that to mean that Trump's base, which I meet Trump's, I meet MAGA every week. I go out and I do comedy all over the country, and even at the Rescue the Republic event that I was at, I met a lot of MAGA. They are not, the ones I know, the ones who watch this show and come see me, they are not on board with his stance with Israel at all.
Right. And so what I want is I want a sovereign country and I want a sovereign country that enforces the Constitution. And you can't be a sovereign country if you're
significant number of your cabinet or your Congress are dual citizen passport you know have dual citizenship and have mixed loyalties or sign you know what a lot of congressmen tell us is they have to sign pledges to you know to to a pack so I think we have a serious multiple personality disorder in the government and I want to see that aired and changed and the
The theater and the drama, I don't know what's happening between Trump and Netanyahu. It wouldn't surprise me if Trump was irritated that Netanyahu is doing many different things to make Trump look like a fool. Certainly that would irritate me if I was the president. But as far as I'm concerned, this is just theater if you're not going to change the fundamental structural problem.
Do you have a guess on how a guy like Waltz, who's an obvious Israeli mole, ends up inside Trump's campaign? I mean, cabinet. Waltz was not someone I ever followed or know, so I don't know how he ended up there. But I think you have a lot of major donors and people in and around Trump and have been active in the campaign who would have recommended or vetted him. And
And so there's a process by which he gets recommended. And then you go in and, of course, what happens is immediately you're tested. So I don't, you know, waltz I don't have a good feel for. So do you think Trump's subservience to Trump
Israel is based just because of the donors that I mean, because of, you know, the widow Adelson gave him one hundred million dollars and all the ape. Is it is it that or is it he's afraid of APEC, you know, losing the Congress? Because if he can't do anything, if the Congress won't go along with them or he can't do a lot of things, put it that way. And so is he afraid that APEC will will turn the Congress against him? Just like let me just stop it there.
OK, so I think Trump, you know, if you're the president, you're subject to tremendous you're in a box and and the box is subject to tremendous financial dependencies on the central bankers and a whole series of private players. And I'd love to tell you some stories to help you understand. But you're in that box and and you don't have complete control. The last president who thought he had control is John Kennedy. And we see what happened there.
So you're trying to operate within a box and you're in the middle, if you're Trump, of having to change fundamentally the model. So at the beginning of the administration, Secretary Rubio said, you know, we tried to be a unipolar model and now we're going to have to become, we're going to have to shift to a multipolar model. So you are forced by economics to change the fundamental nature of the dollar system. At the same time, you are subject to all sorts of private interests and
and donors, particularly the central bankers, who want you to do certain things. So you don't have complete latitude to do whatever you want. And the reality is the dollar system has traditionally depended on the Israeli networks for a whole lot of different operations, particularly in the Middle East. So you don't want to just throw them overboard if you're dependent on them for all sorts of other things.
So I don't think it's just the major donors. I think he's also a prisoner of the model. And I think the Israelis are dangerous.
I literally, I think if you, you know, I know people who are very concerned if they just do what they want in any of these positions, they can, they or someone in their family can end up dead. So I'll give you an example. I have an online book called Dylan Reed and the Aristocracy of Stock Profits. I've tried to publish it in a hard copy three times. The third time I tried, each time I ran into terrible difficulties. The third time I tried, I got a series of
very subtle messages and my interpretation of them was if you if you publish this in hard copy we will kill someone in your family and so i backed off and i've never you know it's available online it's not suppressed but i've never published it in a hard copy and i'm just waiting till all the people who might you know give that order and have the ability to give that order pass on and then i'll publish it in hard copy what it's it's dangerous what what is it what is it about that book that's so threatening
Well, when I tried to do it the third time, I didn't think it was that threatening. But I think there was a series of people who didn't want their dirty laundry looked at. And they just thought hard copy would bring more attention to it. It's a book about...
It's basically designed as a case study for the equivalent of a business school class to help you understand the intersection between narcotics trafficking and illegal monies in Wall Street and Washington. And the reality, Jimmy, is our economy is deeply dependent on narcotics trafficking and money laundering. We're the global leader in money laundering. And
You know, and we've been very insistent that that we're you know, our our business model is something other than organized crime and war. But it's not. We're deeply financially dependent on organized crime and war. And so it's it's designed to show you how that machinery works and how they proceed to use government credit money to kind of engineer operations.
the system and make lots of things look economic, you know, turn lots of people into billionaire with government money and make it look like they're making money in the private market when it's really rigged from either the central bank or government.
Hey, you know, here's another great way you can help support the show is you become a premium member. We give you a couple of hours of premium bonus content every week, and it's a great way to help support the show. You can do it by going to JimmyDoreComedy.com, clicking on Join Premium.
It's the most affordable premium program in the business. And it's a great way to help put your thumb back in the eye of the bastards. Thanks for everybody who was already a premium member. And if you haven't, you're missing out. We give you lots of bonus content. Thanks for your support. Catherine was telling me this is the...
She wanted to send me the dangers of being stung by a bee. I guess what that this is about or oh, I'm sorry. No. So so this is the Bank of International Settlements is the central bank of central banks. The Bank of the Bank of International Settlements, which people have no idea what that bank is. And it's basically like its own country. Nobody controls it, but it controls all our money. Right.
It has sovereign immunity and it coordinates the top 63 central banks and it's leading a process in many different countries through something called innovation hubs to institute central bank digital currency. And in 2020,
Augustine Carson, who's the general manager of the BIS, was speaking in an IMF panel and explained why he liked CBDCs. Okay, so this... So this is the head of the Bank of International Settlements, which controls... is at the top of the chain of all the central banks in the world. And he's going to tell you why he likes CBDCs.
Central digital banking currencies. And before you start, let me just say, because they have sovereign immunity, they have the power to move money globally and keep it on their balance sheet in secret. Okay. Okay? Got that? Okay. What could go wrong? Okay, let's listen. Our analysis on CBDC in particular for the use of general, to the general use, we tend to establish the equivalence with cash.
And there is a huge difference there. For example, in cash, we don't know, for example, who's using a $100 bill today. We don't know who is using a $1,000 bill today.
A key difference with the CBDC is that central bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability. And also, we will have the technology to enforce that.
Those two issues are extremely important, and that makes a huge difference with respect to what cash is. So what he just said was, if we have a pandemic and we decide you're locked down,
If you leave your home, your money won't work. Your credit card won't work. Because they contract you with Elon Musk's Starlink. They'll know where you are at every moment. And other systems. Right. Because you're in an all-digital monetary system with complete surveillance...
We'll be able to turn your money on and off if you disobey the rules. And moreover, with AI and software, I can create a set of rules for Jimmy Dore, which are specific to him and where he lives and what he does and whether he's good or not. Remember, with the social credit system, I can track whether you're being good or not. And
And, you know, if you're good and your credit score goes up, then maybe I'll let you go a mile from your home. Whereas Catherine's been bad and she can't leave her home. Do you see what I mean? Yes. So I can create a set of rules. Because remember, control, this control system is one person at a time. I can track you and I can control you. And I can institute enormous set of complex rules and I can enforce centrally. What he just said is,
we will have the technology to enforce. And it's not your money, it's our money. And we can decide when and how you can use it. And we can evolve and change that whenever we want. And that includes taxation without representation. So if you watch the second one,
It's the president of the Minneapolis Federal Reserve, one of the 12 Federal Reserve banks, Neal Kashkari, who was at Treasury during the bailouts. And he's going to speak against this. Yes, he is. Okay, because I've seen this video before. So just before we get into Kashkari, who ran for governor in California, by the way, he
What that guy said, the guy who was stung by a bee, what he gave the game away, what he said, so if someone has a $100 bill or a $1,000 peso bill, we don't know who has it and we don't know how they're spending it. More importantly, we can't control it. Right. But with a central digital banking currency controlled by the Bank of International Settlements, we know who has it.
It's not theirs, it's ours, and we can control if they spend it or not. Right. Now, it may be controlled by the National Central Bank, so it would be presumably controlled by the Fed. But whether it's the Fed or the BIS or the ECB or the Bank of England, they'll have control now.
Trump has said he doesn't want a CBDC. What he wants is a stable coin, which is just going to be a coin issued by the guys who own the banks that own the New York Fed. And you can do the same thing. The third video I want you to show I want to show you is programmable money.
And the issue, Jimmy, is not is it a CBDC or a stablecoin? The issue is, is it programmable and is it interoperable with digital IDs and all the other aspects of the control system? Because if it is, it doesn't matter whether it's private or public.
It doesn't matter whether the central banks do it or the individual banks. Right. So people are like, oh, well, Elon Musk wants to have his own currency, and we have PayPal, and we have Facebook. Mark Zuckerberg wants to have his own currency, which is why they had to get rid of that agency, which I'm blanking on. So they want to be able to act like banks without any of the regulations. The Consumer Financial Protection Bureau. Right.
So they're gutting that, and they're making it sound like the Consumer Financial Protection Bureau are the ones who are debanking people. That's what Marc Andreessen said on Joe Rogan's show, which was a complete lie.
And so here's what you want. What you want is number one, you do not want an all digital monetary system. Keep cash alive. Keep checks alive. Keep the analog system. Roll back the digital. The problem is all digital. OK, so never let the monetary system be all digital and do everything you can to promote and preserve cash. What you don't want is you don't want an inter interoperable national I.D. And that's what they're trying to implement with a real I.D.,
So we have a big piece up at Solari, which I'll send to you, that is a checklist of all the different things the Trump administration is doing to build the control grid. And they are moving rapidly and at high speed. Okay. All right. So let's play. Here's Kashkari talking about
what the beasting guy from the bank of international settlements was talking about how he wants to control everybody. Here's what cash carry has to say. Now he's, he's the head of the fed, the fed in Minneapolis, right? Right. So he's, he's president of one of the 12 fed banks. Okay. So here's what he says.
asking anybody, anybody at the Fed or outside of the Fed to explain to me what problem this is solving. What problem? I can send anybody in this room $5 with Venmo right now. Right? No, seriously. So what is it that a CBDC could do that Venmo can't do? And all I get is a bunch of hand waving. I get a bunch, well, maybe it's better for financial inclusion. Maybe it's better for cross-border remittances. Maybe. Is there any evidence that it is?
And they said, well, what about China? China is doing it. Well, I can see why China would do it. If they want to monitor every one of your transactions, you could do that with a central bank digital currency. You can't do that with Venmo. If you want to impose negative interest rates, you could do that with a central bank digital currency. You can't do that with Venmo. And if you want to directly tax customer accounts, you could do that with a central bank digital currency. You can't do that with Venmo. So I get why China would be interested. Why would the American people be for that? So...
So should I just play this next one? I mean, that was just amazing what he said. So he's I think one of the reasons the Fed's been slow walking this is they under you know, they don't want their kids to be slaves either. The next guy is Bowley, who who was at the Bank of China and and when he had moved to IMF as a.
a managing director, he's a deputy, and he's talking about programmable money, and this is in 2023. So he's the, at the time, he was the deputy managing director at the IMF on bank digital currencies. Okay, here we go. I like that call, financial inclusion. It sounds so nice. We want to include everybody. Here we go. Aspect that CBDC can help improve financial inclusion is
is because of its legal tender status. Because CBDC is an obligation of central bank, and the obligation of central bank is a legal tender in every country. So it is widely accepted. That creates potential value for everyone to use it. And finally, the third way we think CBDC can improve financial inclusion is through what we call programmability.
That is, CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions, for example, welfare payment, for example, consumption coupon, for example, food stamps. By programming CBDC, those money
can be precisely targeted for what kind of people can own and what kind of use this money can be utilized, for example, for food. So this potential programmability can help government agencies to precisely target their support to those people who need support. So that way can also improve financial inclusion. It's about helping people.
It's about government. It's all about we're doing this for you. That's why we're censoring. So you don't have to censor yourself and we don't you don't get bombarded with misinformation. That's why we're doing it for you. So he's doing that so that government can help you spend your money. So what they're talking about, we're going to program this digital currency that can only be spent on a certain thing.
In a certain way. And if we say we don't want you to be able to spend it anymore, we could just cut you off. Here's the thing. If I don't like what you're saying, then you only get lab-grown meat. You can't have any of the real stuff. Oh, yes. Yeah. Right. Yeah. And we've seen what's happening right now just...
on college campuses and they it's definitely if we don't like what you're saying we're going to turn you into a criminal even if even if you're playing by all the rules even if you're uh have a green card even if you're going to meetings with the immigration officials to the way we asked you to to become a citizen uh we're gonna still make you into a criminal
and kick you out of our country, and kick you out of our colleges, and stop your PhD program, because we don't like what you're saying. It's not what they're doing, it's what they're saying. And, you know, I think the head of Palantir, he said a year ago,
That the fight on the, you know, the fight over on college campuses right now about this kind of freedom of speech about what's happening in Israel, Gaza. He says he said, Alex Karp, he said that is the fight, because if we lose control of this, he called it an intellectual argument, meaning the narrative. If we lose control of the narrative around Gaza and Israel,
And we can't control. And these students are allowed to speak their mind freely. If we lose this, he said, we'll never be able to deploy an army in the Western world ever again. Why? Because people are against war. So so I would say it this way. I would say what we so we do a show on Solari called Money in Markets. And one of our themes was Gaza is a method.
So if you look at how we've run the unipolar model, we spent a lot of money on what's called soft power. So if you look at a lot of the money. Right, that's USAID and NED. Right, right, right. What you're watching in Gaza is hard power. Do what we say or we kill you. We want your land, you have to leave or we kill you. Okay? And now that method is going to go global if it works in Gaza.
You know, Gaza gets to go early. But if you look at the drones, if you look at the robotics, if you look at all the techniques that have been used and are being used in Gaza, you know, what we face is a control system that is no longer a soft power. It's hard power.
And part of hard power is having an all digital monetary system currencies. It's the end of currency where we go to a set of rules and complete control of your currency.
you know, of where you can work and what you can do and what money you can get and where you can travel and where you can go and where you can live. We're talking about complete control. It's very interesting. We, we, um, we publish wrap ups every quarter. I have a great believer as an investor that it's very important to understand what I call the primary trends. And so John Titus, who's the cohost, um, and is a brilliant lawyer, um,
wrote, first he wrote a big thing on the going direct reset, which is what we're in now. It's sort of the central bankers do a reset every 80, 120 years, and we're in one called the going direct reset that started in 2019. So he wrote that, and I asked him to write something on CBDC. And I said to him, this is a slavery system. And John looks at me, you know, I'm an investment banker, so I like to
you know, I'll jump to conclusions because it's important to trade before you get, you know, it's important to guess what it is before you lose the power to act. So investment bankers tend to be quick. John likes hard evidence. You know, he's a lawyer. And so when I told him, John, this is a slavery system, he's looking at me like, you know,
You're exaggerating. You're being a little dramatic. You're being whatever. And so he spent weeks and weeks and weeks studying the technology and how it works. And once he came back and he said, oh, my God, this is a slavery system. I said, I told you. So this is the modern day slavery system. This is and this is how and and part of it. Right. But this is much worse than slavery. This is much worse than slavery because, you know, slavery is when.
uh, you know, they can control you physically, but now we're talking about invasiveness of the body, you know, of literally injecting things into your body that allow them to track what's going on in your body and affect your mind. So we're talking about a level of invasiveness, the likes of which tyranny has never been able to comprehend before. Okay. Um,
So real ID is part of this, right? Yes, absolutely. This system requires very high quality precision ID system. I need to make sure you're Jimmy and I'm Catherine, right? And so this is why Kristi Noem is out trying to terrorize people into the real ID and why since the Patriot Act they've been trying to get the real ID adopted. And as you can see, there's still a surprising number of people who refuse to go in.
And they're trying to engineer it through the DMVs. They're trying to persuade people you have to have it, which you don't. You do need a federal ID to travel, but there are 16 or 17 other federal IDs you can use to travel. You can use a passport. The passport, right. You can use a passport. You don't have to get a real ID. So if I get a real ID, how does that differ fundamentally from...
So I have a driver's license issued by my government at the DMV. It is not a real ID, but if I got a real ID, is that the next step? What is that? I think, and this is my conjecture, I think the real ID system is designed because you're using the DMVs of the states to implement it and maintain it.
you can achieve a very high precision and interoperability state to state, but then with countries around the world. And so it can start to link into a global system. That's what they were trying to use the vaccine passports to achieve, but they just couldn't get the population to adopt. Wow, this is...
you know, every, if you can think it, they've tried it. And that's, that's what I keep. That's what I've realized. Go ahead. Right. So, so we have one graph, um,
that shows all the different aspects of the control grid. So, you know, there's the all digital monetary system. There's the high precision ID. There's the satellite and other kinds of surveillance. There's the smartphones. And if you try and talk with most people about them, they'll say, well, I can live with this one thing or I can live with that one thing or this thing is convenient or that's convenient.
And they're all very convenient until they snap together. And then you're in a digital concentration camp and then it stops being convenient and it starts being slavery. And so, you know, people I'm sure the people who voted for Donald Trump thought they were voting for the opposite of this. Right.
So I just sent you the link. We just published something called the Fast Approaching Digital Control Grid, a checklist of Trump administration actions to date. It was published on April 16th or more since then and I'll update it at some point. And I wrote it, Jimmy, because the number of things the Trump administration was doing to implement the control grid is
were so many and so fast i couldn't remember them all i finally i just said i need a checklist i'm going to do shows and walk people through all of them i you know i just need to and we've done a checklist at the beginning of the administration but it was moving so fast we needed more you know i needed to do it again anyway i sent you the link so this is this is the link here a complete re-engineering of the u.s government through the digital system is now possible at high speed
And so this is a very, this isn't a short article. It's a digital control grid. It's an electronic network of digital telecommunications and information systems that allows individuals to be surveilled, tracked, and made subject to invasive controls applied to their financial transaction and resources such as electricity, food, water, transportation, compromising, if not ending, all human rights and liberties.
Control grids operate with a significant data collection and an AI to apply social credit systems that can be dictated on a highly centralized basis. A digital control grid ends financial freedom, replacing markets with technology, a system run by rules created and maintained centrally by experts. Is the Trump administration building a digital control grid? We provide the following checklist to assess the steps
The administration is and is not taking in a variety of areas to facilitate a rapid control grid build out. We invite subscribers to post suggestions in the so there. OK. OK, so I'm sending a link now. We have a Web site dedicated to financial freedom and we've been working with individuals and investors in the states on what they can do.
And in fact, it's not too late to turn this all around. So I sent you a link to the website. And there's a wealth of resources, including documents that show what individuals can do and what your state legislators can do. And there's a tremendous amount that we can all do. So here it is, the Solari Report. And it's the Financial Transaction Freedom 2025 report.
The fight for financial transaction freedom is the ability to use multiple options to make contracts and effect transactions on a timely basis at reasonable cost without interference. This freedom must be protected at all costs. Central banks are using digital systems to limit or end such freedom, something they cannot do if citizens, local banks...
credit unions and municipalities and states act together. Our goal is to support leaders working to protect financial transaction freedom and to help our subscribers and audience to support them and their legislative and regulatory efforts. So do you really think this is possible that we could stop this train? Yep. So I, you know, when you look at the history of freedom, it always looks hopeless until, you know,
Freedom just, you know, and the great thing about freedom is we don't need an organization. We don't need, you know, a central government. We don't need a central bank. We can just act together for freedom.
And, you know, one of my favorite stories, we have a podcast called Over the Mountain that Senator Nicely from Tennessee does, who I think was one of the greatest state legislators who has ever been. And he tells the story of the over the mountain men. Have you ever heard this? No. OK, so this is a typical freedom story.
At the towards the end of the Revolutionary War, George Washington declared that the Americans lost. He said all hope is lost. And it was right before the Battle of King Mountain. And the British had basically attacked a group of settlers in North Carolina who had escaped and had gone over the mountain. They were called the Over-the-Mountain Men and they lived in East Tennessee.
And anyway, so the British commander before the Battle of King Mountain sent a message to the settlers who had run over the mountain. He said, you know, don't come over. And if you do, we'll kill you and piss on your grave.
And sure enough, if you go into the Tennessee treasurer's office or the speaker's office, they have this huge painting of the over-the-mountain men who gathered at Sycamore Hill and went over the mountain and were instrumental in defeating the British at the Battle of King Mountain. And that turned the war and the Americans won, despite the fact Washington thought it was too late and all hope was lost.
So Nicely always tells that story because he always says, you know, it always looks hopeless until then, you know, bunch of ornery guys. And what's, I'll tell you the interesting part of the story, and I'm just quoting Nicely. In fact, they killed the British commander and they did piss on his grave because that's how we are in Tennessee. Ah. Ah. Ah.
And I just want to ask you about Doge, right? And so at first I was super excited about Doge because they, and I have switched on that. Thomas Massey also, they were supposed to have a vote
on cutting money that doge had found to be fraudulent and what have you says this wasn't widely covered in the news so i'll tell you congress was scheduled to vote on rescissions this week to cut the waste that doge found but the votes were quietly canceled usa id and other programs like the pbs and npr were to be targeted but they canceled it so in early 2020 links to this grok
Explanation in early 2025, House Republican leaders tentatively planned to vote on a rescissions package proposed by President Donald Trump during the week of May 5th, 2025. The package expected to be sent to Congress in April 2025 aimed to cancel nine point three billion in previously approved funding, primarily targeting foreign aid programs.
the State Department, and public broadcasting entities like PBS and NPR. The rescissions process governed by the Impoundment Control Act of 1974 allows the president to propose canceling appropriated funds, which Congress must approve within 45 days of continuous session via a simple majority vote in both chambers. The fast-track procedure was seen as a way to formalize spending cuts.
particularly those pushed by the Trump administration's Department of Government Efficiency, DOJ, led by Elon Musk, while avoiding legal challenges to unilateral executive actions. However, the vote did not occur as planned. In summary...
While a rescission vote was scheduled for early May, it did not happen due to a combination of political opposition, historical caution, blah, blah, blah. Posts on Twitter also noted significant Republican discontent with the proposed cuts, suggesting that the package ran into a buzzsaw of opposition from both House and Senate Republicans, further undermining its chances and...
This guy says that's total horseshit. Thomas Massey says, sir, I serve in the Congress, so I have firsthand sources. Grok provided a good summary, which I verified before posting. So Thomas Massey was asked about this a while ago. Did he think that the cuts from Doge was actually going to happen? Here's what he said. Also Doge. I think that's going to be a great committee, a great aspect to bring to Congress. But the Doge recommendations are like the Constitution.
if you get my colleagues to follow them they're gonna be great and so that's really the sticking point here and I hope the president does use his his position the bully pulpit to get congress to cut spending on to to pair our government down using doge recommendations so there he was skeptical that this was going to happen and he's been proven correct that they're not doing it so those doges a complete smokescreen
And even...
Even if they did cut that money, Trump has already promised that money to go back into the war machine, the Pentagon. So if they saved $150, $60, $70 billion with Doge, Trump is trying to increase the Pentagon budget exactly that amount. So he basically is just cutting out the middleman, which is the soft power, and giving it right to the hard power. And Doge, the guy who runs Doge, Elon Musk, is the biggest defense contractor in the world. So he's basically just taking that money from Doge and putting it into his own pocket because...
You know, let's face it, his money's tied to Tesla stock, and Tesla stock is going down faster than a celebrity at a Diddy party. So he's going to need that. Go ahead. But if you want to build a control grid, the most valuable data for your private AI is very high quality payment data.
And you've gone to Social Security, you've gone to IRS and you've gone to Treasury. And it looks to me and there's debate about how much they've gotten. You've basically taken a trillion dollars plus worth of data and privatized it.
into Grok and Palantir AI where it can be used for the enforcement machine that the head of the BIS just explained to you. He said, we can make the rules and we can enforce them centrally. But to do that, you need very superb high quality data. And that's what the Doge vacuum cleaner. So that was the real purpose of Doge? That's what it looked like to me because they knew if I was going to stop fraud in the government,
If I was going to stop fraud in the government, the first thing I would do is I'd go to the Treasury and the New York Fed and the bank statements, and I'd look at where all that $21 trillion went. But they didn't do that. If I wanted to build a social credit system with very high-quality control, and I wanted to re-engineer government cash flows to implement control, I would go to the IRS, Social Security, I would go to the Treasury, and then I would go to HHS. And sure enough, Bobby has...
said he's pulling together a huge, enormous database of this and that, of private and public data. That's where you go. And Steve Bannon was on the show, and he made the point that if you can tell if they're serious, if Doge is serious, if they go across the Potomac and they audit the Pentagon and they didn't.
In fact, they're increasing the budget. Even after the Pentagon has never been able to pass an audit, not only are they not going to audit them, they're going to just give them all the savings, quote-unquote, which they're not even cutting, that they found from Doe's. They're just giving that to the Pentagon. So, again, it's way worse. Go ahead. Yeah, so if you look at where, you know,
The administration comes in, you cancel the White House ethics officer, and then you proceed to fire 18 IGs. Many of those IGs were leading investigations into Musk's companies. A government special employee is not allowed to be involved in things that impact their
private interests. And it's a criminal violation for a government special employee to be involved. And we know that that, you know, that Musk in his capacity as government special employee was meeting with Modi and other world leaders and pitching them on getting, you know, getting Starlink contracts and other contracts.
So, you know, and there are other I mean, if you look at the conflicts of interest between what Musk and Doge was doing and what was going on in the administration, it's quite interesting.
I mean, it's certainly worthy of a special prosecutor. Now, I say that and I've seen presentations from many people going in under the Doge umbrella who are very talented software developers or business people. And I think they are sincerely trying to upgrade systems and do sincere things. So it's probably a mixed bag. I will say this.
The Trump group has been in the administration before. And if you look at how you go about doing government reengineering, they purposely, and they use these words, they use shock and awe instead of reaction.
Instead of using the techniques you would use if you really wanted the cuts to stick and you really wanted to get something done. So their techniques and their communications were contrary to effective and successful government reengineering. And I say that as somebody whose company was the leader in government reengineering once upon a time before the Department of Justice shut us down. Wow. Okay. This has been...
The heaviest interview I think I've ever done. So I just have to say, Jimmy, one of the reasons I love listening to your show is you really help me maintain my state of amusement, which I think is really important. You know, if we're going to get anything done, we have to, you know, we have to come at it
I used to have a deputy at HUD who would say, in the destruction of the old, let there be the creation of new. So we always have to be creating into it. So I appreciate you because you help me maintain my state of amusement. But I feel like I spent this whole interview destroying your state of amusement and I feel terrible. No, you should feel terrible. But I got caught hoping.
And I was talking with Chris Hedges, and he turns out to be right about this. And I said, you know, I don't have faith that Trump and Elon are going to do what they say they're going to do, but I have hope. I don't have faith. I have hope. And, you know, the fact that it looked like somebody in the deep state was trying to kill Trump, now I don't even know if that was real, that gave me hope, actually, in a weird way. That gave me hope that he was a threat to somebody. But it turns out...
I think, you know, the job of a diligent media is to make it a lot easier for the guys who are in the box to do the right thing and a lot harder for them to do the wrong thing.
So you always want to get the players in the box to do the best they can. But it's time the American people stand up and realize if we will change our behavior and our actions and work effectively in our families, in our local governments, in our state governments to shift this, we can shift this. We do not need the people in the box to shift it. But we have to take those actions. You know, if everybody tomorrow woke up and used cash as much and as often as they could,
There would be a revolution. If everybody said all these banks that are doing the criminal stuff, I'm going to quit my not going to work there and I'm not going to bank there and I'm going to pull my money out and I'm going to go to a good, honest bank. There'd be a revolution. Well, my money's in a credit union. The money that I have in a bank is in a credit union. And I took my money out of Wall Street, probably stupidly a long time ago because I just didn't want to be involved with that stuff.
and i put in black rock i don't want to invest in black rock or raytheon or shell oil i don't want to invest in those play or you know goldman sachs and so i took my money out and i put my money in um you know things like gold and gold has outperformed the stock market so yes yes gold is doing very well right now in fact and i'm thinking what do you think about bitcoin
So at Solaria, I've got a wonderful thing. I'll send you the link called Bitcoin bailout. I think Bitcoin is a Ponzi scheme. Ah, so it's not the answer because everybody says because nobody has control of it. It's a blockchain. You can't control it. That's the most ridiculous thing I've ever heard. The way you control financial products is by controlling the people who control the financial products. Uh-huh.
Whether you shoot them or you have a control file or you put a ringer in there, anybody who says that doesn't understand how control works, really. So I will send you a link to Bitcoin Bailout. If I could make a recommendation, the best book ever written on Bitcoin was written by Roger Ver and Steve Patterson called Hijacking Bitcoin. And it takes you into the inside game of how they hijacked Bitcoin and turned it from what could have been
you know, a very interesting payment, you know, something that had payment utility and really build a community of people worldwide who could transact with each other, how they hijacked it and turned it into a Ponzi scheme. And so where do you...
recommend people to put their money, take it out of those Wall Street? So, no, actually, I invest in the stock market, but I only invest in companies. I have an investment screen company, and I only invest in companies that I've screened. And I know they're good. There are millions of good, there are thousands of good companies all around the world doing great things. They don't, you know, not corrupt. They're just, you know, they're making useful products or doing useful services, and there's a ton of them.
So, you know, I love investing in good companies because I believe in enterprise. The way you, you know, the way a society creates real wealth is not by putting money in a vault and watching it, but, you know, in building enterprises like building the Jimmy Dore show or building the Salary Report or building, you know, Massey has, I think, 30 patents and had a very successful company, you know, before he sold it and decided to go into politics. So, yeah.
So I love enterprises. My favorite kind of investment, of course, I invest in precious metals. I like precious metals, but my favorite investment is people. And if you look at our society, the misallocation, you know, everybody's busy putting their money into the national security state or putting it in gold and hiding it instead of putting it in people. And we're destroying, you know, that's why I keep coming back to the great poison and what we're doing to the kids. We're destroying our people. So,
I invest a lot of money in people and I keep telling everybody the currency of the future will be relationships of trust. You know, the way we're going to move out of this into something worth being part of is one person and one family at a time. And it's those people, you know, whether it's young people growing up and starting enterprises or young
or those relationships that are going to make it all go. And what I discovered as an investment advisor is, you know, my clients were being told by their financial planners, you got to have $25 million in the
in the national security state or you won't be safe. In the meantime, their kids are, you know, taking out student loans to go to college and getting, you know, hooked in usurious forms of systems. And they can't buy a home because they don't have enough money. Their parents are too busy financing the national security state. So we've got to reverse and start investing in
you know, in building people and, and in building the enterprises that, you know, that, that build real family wealth. So,
So I, you know, I love great companies and enterprises. You know, I'm building, I have two companies and I put a lot of my money gets reinvested in building those companies, both the Salary Report and Salary Investment Screens. And then I just, you wouldn't believe how much money I spend lending or supporting, helping people. So can people hire you as a, could I hire you to be
No, I stopped doing investment advisory because the regulations got so intense. It just became too difficult to do. And I changed the investment advisory to a screen company. So I do investment screens and I work with other money managers. You know, and people hire those money managers, not me. Okay. Catherine Austin Fitz, it's been a real eye opener, earth shatterer, groundbreaker.
I'm sure you've broken a lot of people's ideas about how things work. Certainly you did mine. And you're welcome back on the show. I really appreciate you being so generous with your time. And thanks for the kind words about the show. I didn't know you were watched, but I'm really flattered. And I look forward to talking to you again soon. Okay. I'm happy to come back anytime, Jimmy. You have a wonderful day and get a good night's sleep. Hey, what part of the country are you in?
So I live half the year in Netherlands. Our audio video team is in the Netherlands and I love the Netherlands. My home in the United States is in Tennessee. I'm talking to you from Pennsylvania where I also have an apartment. So I'm very much, I'm on the road about four to five months a year just meeting with Solari Report subscribers because we really...
You know, we need to do this together. And so we like to get together a lot. And I'm sure that's why you do all your events. Yes. You know, we need to come together. We need to discuss these things together. And we need to be our own intelligence network. Hey, become a premium member. Go to JimmyDoreComedy.com. Sign up. It's the most affordable premium program in the business.
Don't freak out. Don't freak out. All the voices performed today are by the one and only the inimitable Mike McRae. He can be found at MikeMcRae.com. I'm not, I'm not, I'm not, I'm not, I'm not. That's it for this week. You be the best you can be and I'll keep being me. Don't freak out. Don't, don't, don't, don't, don't, don't freak out. Don't, don't, don't, don't, don't, don't.
Do not freak out.