Trump Wants to Buy an Airline With Your Money — This Is Not Capitalism

Trump Wants to Buy an Airline With Your Money — This Is Not Capitalism

Trump wants to buy Spirit Airlines at bankruptcy with taxpayer money to "save jobs." That's not capitalism — that's Bernie Sanders with a red tie.


- Today’s podcasts is sponsored by Pebl. Go to http://hipebl.ai to get a free estimate.

- Today’s podcast is also sponsored by NetSuite. Download Netsuite’s free business guide, Demystifying AI, at https://netsuite.com/gold


Jerome Powell's final press conference as Fed Chair featured a claim that inflation was "under control" for 40 years before the pandemic — a statement Peter Schiff demolishes decade by decade, showing average CPI of 5.5% in the 1980s, 3% in the 1990s, and 2.6% in the 2000s, with only the post-crisis 2010s anywhere near the 2% target.


The Fed held rates at 3.5% while oil surged past $108 WTI and $120 Brent, bond yields pushed back toward post-Liberation Day highs with the 30-year hitting 5%, and four FOMC members dissented on the dovish bias. Powell announced he'll stay on the board to protect "Fed independence," but Schiff argues he'll be irrelevant. The episode also covers Trump's plan to buy Spirit Airlines at bankruptcy — proof he doesn't understand capitalism — Michael Saylor's Bitcoin conference keynote pushing Stretch preferred stock as a thinly veiled Ponzi, and explosive IRS FOIA documents proving the agency collaborated with Puerto Rico's SIF to shut down Euro Pacific Bank as a PR stunt, with every email focused on publicity strategy rather than any actual wrongdoing.


Chapters:

00:00 Cold Open Montage

00:58 Fed Holds Rates

02:47 Powell Stays On

05:07 Fed Independence Debate

06:17 Inflation Mandate Critique

09:38 Reporters And Data

11:04 Decades Of CPI Reality

15:01 Ad Break Pebble

16:43 Powell On His Record

20:04 Inflation Fire Economy Weak

21:59 Oil Yields And Markets

27:18 Gold Silver And EPAM Pitch

29:15 Ad Break NetSuite

31:05 Trump Spirit Bailout

34:10 Bitcoin Conference Reality Check

37:21 Saylor Stretch Digital Credit

39:44 Ponzi Claims And Warning

42:57 Yield Over Bitcoin

43:26 IRS FOIA Fight

45:58 Explosive Email Evidence

47:02 Debanking Timeline

49:55 SIF Findings Breakdown

57:42 PR Motive Revealed

01:06:47 Press Conference Coordination

01:16:43 Why This Matters

01:20:08 Puerto Rico Potential

01:25:12 Final Call To Action


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Michael Saylor's 11% Yield Is a Ponzi Scheme — Here's the Proof

Michael Saylor's 11% Yield Is a Ponzi Scheme — Here's the Proof

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Kevin Warsh Can't Answer a Single Question - Next Fed Chair?

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CPI Hits 3.3%, Consumer Sentiment Hits Record Low — Stagflation Is Here

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Trump Blinks on Iran — Ceasefire Proves the Threats Were Empty

Trump Blinks on Iran — Ceasefire Proves the Threats Were Empty

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8 Huhti 1h

$112 Oil, Crashing Wages, and the War Nobody Can Afford

$112 Oil, Crashing Wages, and the War Nobody Can Afford

Oil hits $112 as Trump vows to bomb Iran into the Stone Age — and the jobs data everyone's celebrating is hiding a collapsing labor market. • Today’s podcasts is sponsored by Pebl. Go to http://hipebl...

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Gold & Silver Bottom, Bitcoin Cracks as War and Oil Spike Hit Markets

Gold & Silver Bottom, Bitcoin Cracks as War and Oil Spike Hit Markets

Peter Schiff reviews a volatile week in markets, arguing gold and silver likely put in a bottom after briefly breaking prior lows and closing higher. He contrasts that with major stock indexes sliding...

27 Maalis 35min

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