Kill Party Caucuses and the Trump Dollar Proposal | 11-05-26

[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. All right, we got to make a change, that's for sure. But we need change not as a general word or an idea of a vague concept. We need change that has reality checks to it. Constitutional change is what I stand for, by the way. I'm Sam Bushman, Kirk Crosby is with me.

[00:00:32] Heath Perkins in the house now as well. But, Kurt, just to kind of clarify this, yes, just so everybody understands, at least in Utah, and I know it's slightly different all over the country, but it's similar, both parties have precinct organizations, okay? But a precinct is a geographic voting area. Okay, so I don't have any problem creating precincts, geographic voting areas. But understand this.

[00:01:01] There are two separate things here. There's the precincts. So Democrats, Republicans, whoever, anybody can belong to a precinct. It's your neighborhood. It's local. You know the people. Those are fundamental necessary factors for the proper role of government. But then, listen, party precinct caucuses, you got separate Republican and Democrat meetings to hold these caucuses. And then they have leaders and delegates to these parties. See, I don't understand why they have a special privilege to hold the caucuses in the first place.

[00:01:34] So how do these parties have these elections? Utah Republican primaries are closed and registered for only Republicans. The Democratic Party, though, is open to primary voters, regardless of affiliation. See, the parties make up their own rules about the initial voting and the caucusing and how we vet candidates, etc.

[00:02:01] So the problem is you have separate Republican and Democrat leaders and caucuses. And we've got to get rid of those. They have no business manipulating my precinct. And that's the problem that we face. And so the answer is to use precincts, geographical areas. That's fine. But we don't need to gerrymander or play games. The neighborhood's a neighborhood. I don't know why you need to change the size and scope of a neighborhood. What difference does it make?

[00:02:30] You're voting for candidates, not parties. See, in parties illegally, in my opinion, now they would say it's totally legal, it's proper, but it's criminal. And it needs to stop. And until we get that stop, Kurt, we'll never fix the problem because the party becomes king. And then the party turns into factions. And this is what George Washington's whole point was. So anyway, that's some input for you. So I propose using these precincts, very, very small. I mean, usually it's around 1,000 people tops.

[00:02:59] And that 1,200 people kind of thing or whatever, those precincts would be the place everybody goes. You know your neighbors. You can disagree or agree. You vote for candidates. You vet candidates. You caucus and meet candidates. And you can have delegates. That's fine. But the delegates are precinct delegates. They're not party delegates. And see, that's the problem. So anyway, do you have any other input on that? But I wanted to drill into that only because I wanted to complete my thought. I don't like to be the guy that just spews.

[00:03:28] I'd rather point to solutions. Well, you know, the one thing we were talking about, though, was how to break up a state, if you will, into the different congressional districts. And, you know, that is, I mean, basically they call it gerrymandering when the parties do it to their advantage, whether it's Democrat or Republican. And we agree that we should get rid of the whole. And my point is these precinct delegates would decide. And they're nonpartisan. They're just precinct neighborhood delegates.

[00:03:58] They don't have a party affiliation. If we didn't have the party situation, that would work great. You look at Utah, the top little part has got, that's number one. Then you've got a big pink part that goes way down the west side, clear to the bottom, and includes some of the other. Then there's a blue part right in the middle that they put together. Then you could have, you know, a Democrat win there.

[00:04:26] And then there's the number three section that's way on the east all the way down to the bottom. And, you know, it's a mess. But, you know, it's party politics, Sam. Amen. All right. Heath Perkins joining us. Honest Money Report begins. What do you think of this? I call it criminal gerrymandering on both sides. And what's interesting, Heath, is each side says it's gerrymandering when the other guys are doing it, right? Of course.

[00:04:52] Yeah, so this has been, you know, this has been going on forever. That individual who the term came from, that's been, I think, 100 plus years ago. So, like, this isn't anything new that gerrymandering has been going around. But that it's being done with a party affiliate is not beneficial. It should be the neighborhoods in a sense.

[00:05:22] But it kind of all boils back down to local government. If we can't keep local government in check and not let them get away with things in the local government, they're not going to move up into larger and larger forms of government because they know they're going to get their feet held in the fire. So if we can start focusing on our local, get rid of the gerrymandering or things that are happening in the local,

[00:05:48] and then work our way up into these larger platforms, that's part of the solution of getting out of what we've, you know, got into in a sense.

[00:06:28] Yes. And George Washington really wrote about it beautifully, or I should say spoke about it, and then, you know, the address was incredible. All right. Honest Money Report. Heath, where's gold sitting? Gold's kind of bumped up a little bit. It's at $4,104.20. Okay. Silver? $52.22. And what do you think is going to be the case with this now that the Democrats have taken over?

[00:06:57] Do you think things are going to change drastically? We avoided an October surprise, thankfully, or an October catastrophe. But now that that changed, do you expect a big bump or a change? Stocks went up quite a bit, for example. Yeah. I think that the balancing of power between Democrats and a Republican president has given a little bit of a surety there.

[00:07:21] Being that that brings, you know, kind of a stalemate, a bit of a stalemate to the system, people feel that it'll be more regulated and less swaying one way or the other. Allowing just a one-sided viewpoint to move forward isn't going to move things as rapidly as it has in the past two years that we've dealt with.

[00:07:49] And so because of that, we're going to see fairly stable movements within the market outside of something kind of, you know, catastrophical. Like a lot of nations are kind of mentioning right now that they need to have three to ten days worth of, you know, food and water on hand all over Europe and outside of that as well now all the way to the Asian nations.

[00:08:16] So unless there's something that is a little more catastrophic, we do look at this being something that will help gold and silver and the other markets kind of stabilize a bit more. Another negative reality about parties, people somehow have been tricked into believing the best is when they share power. And that makes you kind of wonder if the Republicans decided to self-destruct and lose to share power and hoping that the Democrats will do the same and keep them in power too.

[00:08:42] It's almost like a behind-the-scenes cabal to say, hey, we'll just work together and share power forever, but we'll never let anybody else in the game. What do you think of the stock market up and the changes here? Do you think it's going to affect gold and silver, Kurt?

[00:08:57] Well, I think that you're, you know, the issue, like he said, when you get kind of a stalemate in Washington, D.C., it's sort of like they went home, which, you know, basically that's when it's the safest in Washington, D.C., when they're not even there. But, you know, if they're there and they can't, you know, they've got loyal opposition, if you will, going back and forth and nothing really gets done.

[00:09:26] You know, if they're there and you know, President Trump does the veto and the Democrats do the things or Democrats, like President Trump calls them, do the things that make their supporters happy. You know, then at least both sides can kind of neutralize the other. And so then you get kind of a stable. And they can take a victory lap for their agendas, right? Yeah, that's right.

[00:09:53] And then get the contributions rolling in. What do you think is going to happen with gold and silver, though, with this change? Is it going to affect it a lot? Right now we haven't seen a big change. It's gone up a little bit. But the stock market's gone up quite a bit. Yeah, there was one story I wanted to bring up about that. Which one was it? There's some big corporation was going to hold a bunch more, sell a bunch more stock.

[00:10:18] And I thought, you know, this is kind of a Heath question because when they sell a whole bunch of stock, isn't it just like printing a whole bunch of money for a company? You know, I mean, they basically just print it and make all their stock worth less, right? It's a fair question. Right after the pause, we'll have Heath respond to that. It's a great question, by the way.

[00:10:41] And then I want to tell you that private employers added 86,000 jobs in October. ADP reports. We'll get to that as well. You're watching Liberty RoundTable Podcast. Want your show to shine without the stress? Let Beat Crew HQ produce for you. From video and TV to podcasts and radio, we handle the hard work. So you take all the credit.

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[00:11:39] As a teenager, I gave my first public speech in my church. My hands shook. My heart pounded. I thought to myself, I can't do this. But somehow I did. And because I wanted to talk about things that were important, I persisted. I chided my church as a senior in high school for not seeming to care about the not yet born, for looking the other way, and for not taking a stand on life. I will be in earnest. I will not equivocate.

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[00:12:20] Ladies and gentlemen, thank you for being alongside here on the Liberty Roundtable, well, TV and radio program.

[00:12:49] There was this article we were talking about, Sam and Heath, at least the one I wanted to bring up. It's from CNBC. It says, Oracle files to sell $20 billion in new stock bonds, stock comma, bonds to finance AI build out. Isn't that basically like print money if you're a corporation when you do stock?

[00:13:19] Great question. So in a sense, yes, it is. Very few corporations can get to that point where they can offer that without diluting their stock so significantly that it causes harm in their business. But one of the struggles we had with a lot of these corporate businesses is when they used to have a very low interest rate, one of the ways that they would increase their stock price was to buy up shares.

[00:13:49] So they would borrow cheap money, buy up their shares, increase the stock price because there were less shares out in the market. So sometimes they'll turn around and resell those when things have stabilized. But other ways, like this one that's saying that they issued new stocks, it's just considered a stock split.

[00:14:07] Very few companies, Berkshire Hathaway is like the one that I have in mind, they didn't do a stock split with their original offering. That's why their original offerings, that one share is, I don't know, it's been a while since I've looked, but hundreds of thousands of dollars for that one share.

[00:14:29] And so that's kind of the disadvantage is you can't really jump into a corporation or buy their shares if they're so out there in price. You can buy micro forms of those shares, but in reality, splitting a share helps the shares technically be in the range of affordability for individuals to then own part of those shares. So there's a few different things about it, but yes, it's one way of them raising capital very quickly.

[00:14:59] And if they split shares, they can add more to the market. I'm going to say this to Kurt's point, Heath, and then let you respond. The reason that Kurt's saying that it creates money out of thin air, it's a way to print money. I would agree. And the reason that it is because all of this is based on quote paper play. And what I mean by paper play is that we can, you know, divide shares, do this, do that, whatever, contractually manipulate this, change this, do that.

[00:15:26] You know, split shares, combine shares, go private, go public, do all these weird shenanigans. And every one of them has an effect on quote real value. And real value cannot be decided unless there's a transaction, a buy or a sell. Otherwise, it's a guest value. Now, you might say, Sam, it's incredibly educated guess. It's an audit. It's a fine, but until you buy or sell, you don't really know the price of something or the value of something.

[00:15:49] You think it's valued at this and you can total up your numbers, but there's so much blue sky and so much manipulated and guesswork involved in that. Now, I know we pretend it's not a guess. It's like an appraisal or something like this weird, but it's all games and it's all bad. Look, until you sell that sucker, you don't know what you can get for it. You just don't. And you can't tell me that you do. Okay. And so, as Kurt wisely points out, if you're basically going to trade your value for money, but you don't know what that value is, how do you do that honestly? And the answer is you don't. It's called paper play.

[00:16:18] And until we have hard numbers, real money transferring accounts based on real proven value, you can't know. It's all a paper play. Heath? Yeah. Yeah. A lot of businesses, I mean, one of the most famous ones, Enron, playing with numbers. And the more you play with numbers, the more you can manipulate things. Yeah. Kurt, did you have more on this one? Not really.

[00:16:44] I do want to mention the freewatercoinco.com website where it says our quarter still buys a gallon of gas. And I would simply say, I'm pretty sure a dime, you know, the right dime would still buy a gallon of gas. And lately, like for me, I'm out selling, you know, one of our sons calls it slinging honey.

[00:17:12] But at the same time I sling honey, I sell what's called pine nuts now. And, you know, lately the guys that do the pine nuts, I call them the pine nut cartel, they say usually they get 150,000 pounds when they go out and, you know, find them. This year they said they harvested only 5,000 pounds. Compared to what? Well, compared to 150.

[00:17:40] So you're talking about 3% of the amount. And so we're selling a pint of them for like 36 bucks, you know. And so occasionally I'll see somebody even more seasoned than I am. You know what I mean? And they'll say something like, man, when I was a kid you could buy, you know, pine nuts for a dollar. And I'm like, well, you bring me the right dollar, I'll sell you pine nuts for a dollar, you know.

[00:18:10] Yeah, give me one of those silver wrinkles. I'll give you some pine nuts. You know, that's the key, right? All right. What is the best purchase in constitutional and or gold and silver currency right now? What are the things to keep an eye on? Still 90%. It's kind of that tried and true best value right now in the shop. So dimes, quarters, halves. Correct. Dimes, quarters, and halves from 1964 and previous.

[00:18:42] We're selling those at melt right now. The market's still a little bit shy when it comes to what happened last year with the run-up. A lot of refineries stopped taking 90%. And due to that, the buying of 90% was lower. But that stigma is kind of held into 90%, so less people are looking at it. But it is the better buy. And the nice thing about it is it's one of the most recognizable forms of silver out there.

[00:19:11] Because people know what a Washington quarter is. People know what a Roosevelt dime is. These aren't unknown denominations for people. They're not unknown types of silver. Yeah. All right. Well, I got a plan for President Trump. I think you got to create the next silver eagle, silver dollar. And I think we got to call it the Trump dollar. And then what I think we need to do is just make it a real dollar and just say we're abolishing the Federal Reserve. We're moving to the Trump dollar.

[00:19:40] It's a one-ounce silver eagle silver dollar minted by the U.S. Treasury. Mint, you know, whatever. And we're going to go ahead and get that done. It's going to be called the Trump dollar. I think if Trump wants to create a lame duck legacy, Kurt, that's how you did it. Well, and I don't think you're talking about some massive stretch.

[00:19:59] I mean, we've got the U.S. Mint that basically does 2026 American Eagles right now, one-ounce coins that you can buy for close to 60 bucks. Isn't that right? Whoa. Correct. And so what you could do, like if President Trump said that, of course, you know, that's going to be a big, you know, one of those, I guess you'd call it a November surprise. We're abolishing the IRS and going to the Trump dollar immediately.

[00:20:29] Don't know. I mean, you know, he's not had that much love when it comes to the Federal Reserve. If he wants MAGA back, that'll get her done, sir. Make America rich again. Mara. That's right. Eliminate the IRS and the Federal Reserve all in the same week, you know.

[00:21:22] All right. We need to do is get Congress involved and make tariffs, you know, properly laid out. And then we need to reduce the costs for the American people because we've added tariffs, but we haven't decreased our expenses anywhere. So let's do that. And the economy will start to boom again, I think, Heath. I agree. Yeah.

[00:21:41] The more that we can focus on correcting the things that have been issues in the past, whether that's giving too much leniency to one nation over another nation when it comes to them importing goods and the cost of those goods are tariffed into this nation. I mean, for the longest time, we've been in a backward situation with a lot of these nations. Like the easy example is Japan.

[00:22:11] Japan does 100% tariff on every U.S. automobile that enters the Japan market, where we don't do that for the Japanese market. And we also allow the Japanese market to then build factories here in the U.S. And so there's this slightly unfair... Unlevel playing field, right? Yeah. So if we level that playing field, you're going to see a lot more production here at home. You're going to see some of these locations.

[00:22:39] Because let's be honest, like, people don't realize this, but at one point in history, Detroit was 25% of the world's GDP. The production that was happening in Detroit was so immense that it was literally a quarter of the world's GDP. That was the manufacturing capability the United States had. But granted, that was during the war, so there were some... Now it's all gone. Slow times. But yeah, Detroit is a slum right now.

[00:23:08] And they're selling houses for a buck just to get people to renovate. That's insane. So you heard, by the way, how they came up with the name Datsun, right? They were trying to build a car company and they called their Japanese counterparts and they said, we need a car name immediately and the guy said, Datsun? So there you go. All right, Kurt, the final words to you. Wrap it up for us, sir.

[00:23:30] Well, you know, you're looking at an America where because of Trump's economic policies, I believe you're going to see what he's called the golden age of America. And you got all these factories and things coming back, 21 plus or 22 trillion dollars worth of investment. We see it in our area, even Detroit and those places like that are going to see it. And it's going to be great.

[00:24:00] But pray for America. I pray we can hold on to the vision and Congress can back that vision, ladies and gentlemen. That's what I'm hoping. Heath, thank you so much. Honest Money Report. We appreciate you. Thank you, sir. Heath Perkins, everybody. Freewatercoinco.com. Remember, you've got an honest money partner. How's that? I'm Sam Bushman for KirkCrosbyLocalHoneyman.com. We're telling the tale of truth everywhere we go to the best of our ability.

[00:24:27] And, you know, we're not perfect, but we call it as we see it. That's for sure. And we can agree to disagree agreeably, even if we have different opinions on things. Remember that, too. That's one of the important things for the greatest country on the face of the earth. By the way, I redid my Call for Civility website. Check it out. Callforcivility.com. God save our constitutional republic.