[00:00:04] Broadcasting live from atop the Rocky Mountains, the crossroads of the West, you are listening to the Liberty Roundtable Radio Talk Show. It's been a bad week, ladies and gentlemen. That's the statement for Ron Paul. We'll dig into the details. Happy to have you along, my fellow Americans. I'm Sam Bushman, hoping you had an absolutely delightful God, family, and country-style weekend.
[00:00:31] And I've got Lowell Nelson with me, CampaignForLiberty.org, doing a phenomenal job as always. Welcome back to the show, sir. Thank you for having me, Sam. It is good to be back. And yes, it was a bad week last week. Ron Paul hit the nail on the head. There's a lot of reasons it's a bad week. We'll dig into it. Ron Paul points to a few of them, and then I've got a couple more. Not going to be negative, but we do need to highlight the reality. You know, a lot of times we get accused of being negative, and we bring everybody down.
[00:00:58] You know, I want people to understand that your trust needs to be in God, family, and country. You don't need to be brought down over these things. What you need to do, though, is have a reality check on where we really are. And then have action to change things to where we want them to become. Trusting in God for the rest after we do our very best. And if you think of it that way, it's not really too negative. It's more of a reality check of where we are. And just denying where you are isn't helpful. Pretending you don't know where you are isn't helpful.
[00:01:25] Knowing where you are and then taking, you know, productive action for solutions is really, in my opinion, the answer, Lowell. Yeah, I think Sam Adams said the same thing when he said, I'd rather know the worst and prepare for it than to, you know, naively proceed along without knowing what's bad, right? So something like that anyway. But Ron Paul points out that U.S. government debt reached $40 trillion last week. That's fiat dollars, you know.
[00:01:55] Our current trajectory suggests we will reach $50 trillion in the next six years or by 2032. And let's be very clear, according to his son, Rand Paul, who dug into Fort Knox, claimed he viewed half the gold and says it's there. I don't believe it without a third-party independent provable audit necessarily. But nevertheless, even if you total up the amount of gold at its current high and the amount of, you know, gold ounces that he claims he saw or that we have that's half the gold,
[00:02:24] we don't even have a tenth of that debt in gold, Lowell. Not even a tenth of it. Yeah, yeah. Depending on how you value an ounce of gold, some people suggest instead of $4,000 per ounce, it ought to be valued about $41,000 per ounce. So in other words, if that were to be the case, then, of course, it would be fully covered, all of that debt.
[00:02:50] So it really depends on, you know, how you value or how the market is valued. Well, I think you need to call it just like you did when you divorced it from gold back in the 1970s. It was like $35. Mm-hmm. Because isn't that the reality? In other words, unless you're going to play games with our currency and convert backwards based on inflation, if you just based it on reality, hey, one gold piece was worth $20, right? Mm-hmm. Yeah.
[00:03:18] When in reality, according to market prices, it's more like, you know, way up in the tens of thousands of U.S. No question. Piat dollars. Mm-hmm. No question. That just denotes the cheapness or the worthlessness of the U.S. dollar. Gold really hasn't changed. Back in the day in Moses' time, you could buy, you know, a fine suit or, you know, the same things that you could buy today, really, right? Mm-hmm.
[00:03:42] Yeah, you could call it yourself for a gold dollar today as well as, you know, two centuries ago, three centuries ago. So, yeah, the value of gold hasn't changed, but certainly the value of the fiat dollar has diminished significantly, well over 98% since, you know, 1913, which is when the Federal Reserve came into being. And, of course, Ron Paul talks about the Federal Reserve. He says they're going to feel continued pressure to keep interest rates low.
[00:04:11] So, this is because a small percentage increase in interest rates can cause a big increase in U.S. debt payments. So, by keeping interstate rates artificially low, he writes, the Federal Reserve and the Treasury weaken the value of the dollar. This, along with the skyrocketing fuel prices as a result of the Iran War, is why wages are not keeping pace with the rising cost of living. Even many of the Americans whose paychecks are increasing are falling behind.
[00:04:40] Over half of us in America, 53%, basically, are carrying credit card balances for our necessary living expenses, right? The needs, not just wants, right? And, of course, this is not financially healthy either because the interest payments on credit cards are very high, like 18% up to 24%, Sam. I've seen advertisements like that being sent to me. Of course, I don't carry a credit card balance.
[00:05:08] I pay it off every single month. The only thing I buy with it, basically, is gasoline for my car. Well, people end up paying a significant fraction of their money on interest charges if they do carry a credit card balance. So, we're to blame, too, right? I mean, we're foolish just as well as the government who's spending on credit. Consumers are spending on credit as well. So, what should the U.S. government be doing? Ron Paul answers this question.
[00:05:37] Quote, instead of paying more for the military-industrial complex and foreign intervention, the U.S. government should be focused on reducing spending that causes the continuing growth in debt. End of quote. And that's why I started out, Lowell, saying, hey, you know what? It's not bad to point out where we are, even if it's quite negative, because we bring solutions to the table. And Ron Paul does that so well. Think about that line and read it one more time.
[00:06:04] I just really want to hammer this home because the solutions are the answer here. He said, instead of paying more for the military-industrial complex and foreign intervention, the U.S. government should be focused on reducing spending that causes the continuing growth in debt. End of quote. And then to conclude his column, he issues this warning, Sam. Quote, America's welfare-warfare state appears to be in its final days.
[00:06:32] The economic crisis that will lead to the end of the current system will likely involve the rejection of the dollar's reserve currency status. This will cause a collapse in the dollar's value. In this situation, Americans will have an opportunity to replace the authoritarianism of both the left and the right wing of the ruling unit party with volunteerism in our economic lives, our personal lives, and our dealings with other countries. End of quote.
[00:06:59] So he sees the bad weather on the horizon, Sam, the economic horizon. And it's going to be painful, no question about that. But this is a necessary consequence of our short-sighted decisions, our myopia, to embrace a fiat monetary system instead of an honest and sound monetary system. That's what we really need, Sam. Well, as everyone knows, we stand for the abolition of the Federal Reserve.
[00:07:28] We stand for a stopgap measure of moving to a United States note, which would not carry interest, and then eventually moving to the gold and silver standard once again like our founders and like the Constitution calls for. We don't have any problem, you know, not crashing the plane, you know, trying to land the plane successfully. So there's no problem with some transitionary periods. What Ron Paul also highlights, and I think he's spot on, let good money chase out bad.
[00:07:53] Just open it up to competition, and people will flow to honest money every time, over time. And that's really the solution, Ron. Yeah, I agree. And if people have never talked about or thought about gold, they really ought to look at goldback.com, for example, which, you know, basically goldbacks are just a way to pay for small things with gold. A lot of people just get gold bullion, right? And that's good.
[00:08:23] It's a good step. But you can't spend it very easily, whereas they can spend goldbacks far more easily. So just a thought. And Andrew Napolitano follows up very nicely in the wake of Ron Paul as well, as always. Yes, he starts with a sobering statement. Quote, there is a point in the decline of republics when the problem is no longer that government breaks its own laws. Governments will always behave unlawfully.
[00:08:49] The deeper problem comes when the constitutional machinery designed to prevent those acts stops functioning, when spending becomes detached from arithmetic, presidential power becomes detached from law, and Congress and the courts become detached from the Constitution. End of quote. And that's where we are today, folks. I mean, Andrew Napolitano, a former judge, understands the Constitution, you know, almost better than anybody.
[00:09:19] And it is being ignored, basically. And he points that out. Government debt, he mentions again, $40 trillion in climbing. Congress continues to spend money it does not have. Presidents continue to engage the U.S. in war-like action around the globe without declarations from Congress for war. The U.S. has murdered citizens and foreigners without due process.
[00:09:43] And so he writes this, quote, constitutional government is supposed to stand between political power and its targets. The president is supposed to enforce the law, not create it. Congress is supposed to write the laws, not ignore them. And the courts are supposed to enforce the Constitution, not evade it. End of quote. I just like the way Judge Knapp writes. He's a powerful writer, and it's prose almost.
[00:10:11] I mean, it's really, really helpful. And so the real question should be, what is the government's authority and what are its limits? But instead, Sam, the question has become, what can the government get away with? That's how they ask that question today, unfortunately.
[00:10:27] And Judge Knapp writes, quote, a government that can spend without limit, wage war without Congress, kill without trial, kidnap without consequence, and employ overwhelming force without due process is a government behaving outside the Constitution. End of quote. And, Sam, that's why I claim that the Constitution is barely hanging by a thread. You know, maybe it's already gone. I don't know. We really don't have the Constitution that was ratified in 1788 and 1789.
[00:10:57] We really don't. Which is why, I think, Judge Knapp entitled his column, Twilight's Last Gleaming. This country once protected personal freedoms but now ignores them or outright attacks them. So what can we do? Well, Judge Knapp gives us this answer.
[00:11:36] End of quote. That's a tall order. Everything he said there is quite a mouthful. But we need to recognize, Sam, this change to our republic did not happen overnight. It occurred incrementally over the years and the decades as the adversary steadily chipped away at the principles of liberty undergirding our republic.
[00:12:01] And I would submit to you that every time we get on the air, ladies and gentlemen, we are setting those brush fires of freedom. It happens one little bit at a time. We can work on it. We can do it. Every time we bring a solution to the table, every time we point out a problem and bring a solution to the table, we are really doing that very thing. And it's up to you, my fellow Americans, to help us. We can't do it alone, but we can certainly get it all started.
[00:12:25] And so I say take a bow, Mr. Nelson, because every time you come on the radio and provide solutions, that's exactly what you're doing. Well, I appreciate that, Sam. And just to end his column, he says this, which I think is poetic. That's why I wanted to quote it. The twilight of our constitutional republic has not arrived because the sun suddenly disappeared.
[00:12:49] It has arrived because little by little, nearly everyone became accustomed to the darkness. End of quote. You know, I think about that. It is poetic, right? I mean, using the sun, light, and darkness to highlight the fact that our republic, which was a bright spot in our planet's history, has grown dark incrementally. And why?
[00:13:17] Well, because we have become accustomed to the darkness. We think that we still have a constitutional republic. We think that we still have a constitution that's being followed. Well, that's not the case, folks. We've become accustomed to this darkness, and we find ourselves in great darkness because people are ignoring the constitution and they're ignoring sound monetary principles themselves by, you know, living under a mountain of debt on our credit cards.
[00:13:46] And sadly, darkness begats darkness and light begats light. And so what we need to do is bring some light to the subject. How do you get light on the subject? You tell the truth, ladies and gentlemen. And then you basically provide solutions. If things aren't looking great, you don't pretend it's not true. You don't put a fake varnish on it. You don't lie. You don't bury your head in the sand. What you do is you face the truth head on, square your shoulders and say, all right, what does it take to resolve this? And I think Judge Knapp and Ron Paul truly focus on solutions for these things.
[00:14:16] Spend less. Adhere to the constitution. Demand accountability to it. That's what we the people can do. Remember, we can elect the full house. 435 members every two years. You can replace a third of the Senate every two years. We can get this done. Again, it wouldn't take but a couple of election cycles to right the republic if we would elect good, honest, constitutional, patriotic Americans who truly understand the constitution and swear in absolute fidelity there, too. It can happen, ladies and gentlemen.
[00:14:45] Now, Greenland hasn't been talked about by the Donald very much lately, but it is a strategic place, folks. And there's an interesting column that highlights exactly how and why, Lowell. That's right. Greenland is the world's largest island, most of which is covered in ice. And not many people know why Greenland is important, but here are the three reasons. The first reason is that Greenland is Greenland's extraordinary strategic and military position.
[00:15:12] Because in the very northwest part of the island lies a base, formerly known as Thule Air Base. And what it does, it allows us to detect ballistic missile threats coming from Eurasia over the polar ice cap. Detecting these threats at that point gives us more minutes to fully assess the threat and to respond appropriately, right? I mean, if the only warning we get is like 10 seconds, then we're far more likely to respond in a harsh, drastic way.
[00:15:41] But by having early warning detection, then we can assess, we have a few more minutes to assess the threat and respond in a way that's warranted, right? I mean, that's the importance of being able to detect when a ballistic missile is fired. From anywhere on the globe, basically, we can understand that. So anyway, Greenland is in a strategic position.
[00:16:07] The second reason is that they have a lot of mineral wealth in Greenland. The southern Greenland has untapped deposits of rare earth elements, which are essential to our modern technology. They are used in electronics, magnets, electric vehicles, renewable energy technologies, sophisticated defense systems, and so forth. While currently China dominates this rare earth market, basically 90% of that market, particularly processing and refining.
[00:16:35] As governments seek to reduce dependence on Chinese-controlled supply chains, Greenland's undeveloped mineral resources have become increasingly important in strategic competition between major powers. That sentence there was a quote. Well, and the third secret, third reason Greenland's important is what they call the GI-UK gap.
[00:16:59] The GI-UK gap is the maritime, it's a section of ocean between Greenland and Iceland and the United Kingdom, right? So G is for Greenland, I is for Iceland, UK is for the United Kingdom. That's why they call it the GI-UK gap. This corridor of ocean between Greenland and Iceland has long been important to NATO's efforts to monitor naval activity moving between the Arctic and the North Atlantic.
[00:17:29] During the Cold War, for example, the U.S. monitored Russian naval activity through this gap. Well, that surveillance continues today, and so for the U.S., Greenland is not just some remote frozen piece of ice. It is a strategic military position that provides surveillance and early warning capabilities, both for ballistic missile and naval threats. And it's a treasure trove of rare earth mineral resources.
[00:17:56] And now you know more about Greenland than you probably knew five minutes ago, folks. Sam? Yeah, it's very interesting, this Greenland discussion, because Donald Trump talked a lot about it. But, you know, one of the problems that I think with Donald Trump is that he doesn't articulate the reasons or the understanding. He doesn't build the case for something very well. He just says, oh, we're taking over Greenland. We've got to do that. It's our thing. And, you know, the Denmark folks and the Greenland people are going, you're crazy. No, not a chance.
[00:18:26] What President Trump needs to really do is kind of understand that, you know, Greenland needs to decide a real serious issue. And that is, do you want to align yourself with Europe that's been taken over by the Muslims and other groups that are controlling their whole society? Or do you want to embrace America, who is standing up against communism, standing up against these things? And, you know, you're going to have to pick sides.
[00:18:48] And whether we take over Greenland as the next state or whether we just create an incredible partnership with them, either way, controlling this gap is vital. Aligning ourselves, militarily speaking, understanding that we can either get these rare minerals from China or from hopefully a more freedom-loving partner, if you will. You know, building the case for this and creating autonomy in people and explaining, hey, this is what's at stake, folks. Communism versus the free world. Okay, liberty based on the United States model of checks and balances.
[00:19:18] Or, you know what, criminal, godless communism. That's what we're really facing here. And so we need to kind of appeal to these people in a very, you know, logical, appropriate way and set the stage to say, hey, you've got a decision to make. Denmark, forget Denmark for a second, Greenland. Are you just going to kowtow to Denmark? Canada, are you going to kowtow to whoever? Are you guys going to claim that you're independent countries? If you're independent countries, do you want to align yourself with liberty?
[00:19:43] And whether we, you know, we are offering you to become a state, if we, you know, that's an opportunity, that's an option you can take. Or you don't have to take that, but let's create alliances that mean things. And to me, you can set the stage and go about this in a completely different way and probably have much, much better results. You've got to deal a lot more with honey than vinegar is the point, I guess, Lowell. Yeah, I think you're spot on there, Sam. Very, very astute observation there about how it could have been brought to the American people.
[00:20:12] And it would have been supported. But as it stands, the way he brought it forth, Trump brought it forth, people just think he's crazy. You know, just like being a bomb out. Yeah, I'm going to take over Canada. I'm going to take over Greenland. The straight's mine. China's mine. Everybody's mine. You know, and that just message does not go well for any freedom-loving people. And the commonists simply laugh at you and go, you guys are already half commonists. Stop it. So, you know, that's the problem with the discussion. But we do have kind of a medical crime on our hands, right?
[00:20:42] That's right, Sam. And it's been a while since we talked about health. And so these last two columns do that very thing. Two weeks ago, Senator Ron Johnson from Wisconsin released a text exchange between Dr. John Muscola, the director of the Vaccine Research Center at NIAID, and Dr. Fauci. And also a text exchange between Fauci and the CDC director, Wolenski.
[00:21:08] And both texts are dated January 25, 2021, right? So this is at the very beginning of the COVID years. The text from Scola to Fauci reads, quote, I am corrected on pregnancy studies. Initial studies avoid vaccination in the first trimester due to possible fever and high rates of miscarriage in the first trimester, end of quote.
[00:21:35] Then the text from Fauci to Wolenski reads this, quote, since many people have significant cytokine storm and fever after the second dose, this theoretically could be associated with miscarriage in the first trimester, end of quote. And so here in black and white, folks, basically Senator Johnson is showing the American public that Fauci knew that the COVID vaccine
[00:22:03] was dangerous and probably responsible for miscarriages in the first trimester among pregnant women. And yet, shortly after this private text exchange, both Fauci and Wolenski aggressively advocated for the COVID-19 vaccines for all pregnant women. And because of their enormous influence in the U.S. and elsewhere,
[00:22:27] their advice was, in 2021, followed by most pregnant women in the developed world. Well, back in May of 2021, so just three, four months after the Fauci and Wolenski understood the danger of the vaccine for pregnant women, Dr. Peter Mercola was asked about the hasty and reckless rollout of the COVID-19 vaccine program earlier that year.
[00:22:57] And Dr. Mercola warned us that, quote, our public health authorities and media were violating a long-established axiom of modern medicine, namely that we never inject pregnant women with a bioactive substance that could cause an adverse reaction in a pregnant woman's body. Never, end of quote. And so the vaccine registration trials, they strictly excluded pregnant women and women of childbearing potential.
[00:23:23] And Dr. Mercola said we would never use such a product in a group once it gets on the market. Just never, ever. We just never do it. And by the way, in this column, which is posted at lewrockwell.com, is a four-minute documentary video explaining more precisely what I just summarized in the last two minutes. And I watched this video twice, yeah, twice last night, three times maybe. And it is hard-hitting, hard-hitting news, fam.
[00:23:52] And we need to hold them accountable because they have caused the death and pain of lots, you know, thousands of women, unfortunately. Sam? Amen to that. Fauci's out of control, ladies and gentlemen. We need to prosecute him. Thanks for Ron and Rand. Not Paul in this case, the congressmember. But we really can make a difference here, folks. We've just got to get involved if we expect to make a difference.
[00:24:19] Mike Adams doing a phenomenal job over at naturalnews.com. He's got a column about food. And they're really trying to poison us, folks. And you've got to learn all about that and eat raw, natural food to the best of your ability. We're flat out of time. Thank you, Lil Nelson. You're welcome, Sam. Good to be with you. All right. Doing a phenomenal job. Campaign for Liberty.org. Become a member today. They're making a huge difference in America. God save our constitutional republic.