[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. Welcome back, ladies and gentlemen. This is Lowell Nelson riding shotgun this morning on Liberty Roundtable Live with your host, Sam Bushman. We're talking about your pantry and how important it is to have a pantry because that's the only bank that won't fail.
[00:00:35] This great article by Madge Waggy, he writes, quote, the best case scenario involves stabilization at higher levels. The worst case involves acceleration and forces currency reforms and wipes out savings, end of quote. We're talking about what's happening to the currency, right? This inflation, it's not going to recede. It's going to, I mean, best case scenario, it's going to stabilize at the current high levels.
[00:01:02] It's not going to drop any, it's really not going to drop appreciably because we've injected too much currency into circulation. And while Trump wants interest rates to go down to facilitate more, the Fed is saying, no, we're going to raise it. They're really planning on raising it. So I expect it to stay the same or go up. You know, on one hand, I wish it wasn't so.
[00:01:26] On the other hand, I think that if left alone, meaning the interest rate wasn't manipulated, then it could be, you know, quite a bit higher by its natural confluence. It'll rise or fall based on where it sees itself needing to be in the market. When I say where it sees itself, I don't mean that it's intelligent in and of itself as a number. I just mean that number seems to find the confluence of most logical sense between supply and demand. That's what happens. And when people want more loans, then, you know, that's going to go up.
[00:01:55] And if people want less loans, it's going to go down based on supply and demand. Now, there's other factors involved, but that's the primary point. Yeah, well put. Well put. Madge keenly observes that the wealthy are not keeping their wealth in a depreciating fiat currency, but they're keeping their wealth in land and commodities, you know, any asset that retains value while currency depreciates. Excuse me. And so she writes, quote,
[00:02:22] Your pantry, stocked with six months of rice and beans and canned goods, is appreciating value at the rate of inflation. The $500 you spent on food storage in 2021, that's just five years ago, now represents $650 in replacement costs. Right? So you spent $500 five years ago, but it's now worth $650.
[00:02:45] That is a 30% return, tax-free, accessible even if the banking system freezes or the stock market crashes or the government imposes capital controls. No other investment in your portfolio has performed similarly with comparable risk. End of quote. End of quote.
[00:03:35] End of quote. End of quote. End of quote. End of quote.
[00:04:04] End of quote. End of quote. End of quote.
[00:04:34] End of quote. End of quote.
[00:05:08] End of quote. Fedor, I can't forget which. I can't forget which, but one part of Germany that had food shortages and they hurt their family. Angeo Busch family, they said they depended on like five things. And any family who had these five things was able to survive. And it seemed very, I think oil, you know, cooking oil was one of them. I think salt was one.
[00:05:35] sugar or honey was one of the five things, and there were a couple others. It's been a while since I read that article. But these are the things on which you can survive. But if you don't have it, then it's very difficult to survive. Madge also talks about skills. She says skills will outlast supplies. Can you mend a torn garment, or do you toss it and order another that may not arrive? Can you diagnose why your car will not start, or are you helpless without a tow truck and a mechanic?
[00:06:05] Can you grow a tomato from seed, preserve vegetables without refrigeration? Can you repair a leaking pipe? Can you sharpen a blade, raise livestock, forage for wild edibles? I mean, these are important skills, and they were universally held by our forefathers. You know, three generations ago, everybody knew how to do all of that. And the same for food preparation, the art of canning, dehydrating, fermenting, smoking, salting.
[00:06:33] These are not aesthetic lifestyle choices, she writes. These are methods of converting seasonal abundance into year-round security. And they're methods of survival is what the truth is. Yeah, buffering against supply interruptions, reducing dependency on the refrigerator and supply chains, just like Sam is saying here. A pressure canner and the knowledge of how to use it safely is worth more than a cryptocurrency wallet when the grocery store shelves are empty.
[00:07:04] She's really a pithy writer when you think about it. I really have enjoyed reading this article. She goes on to talk about healthcare, medical knowledge becomes currency when systems are overloaded. Talks about, you know, being able to suture a wound or set a simple fracture, identifying signs of infection, manage chronic conditions, and so forth. That really is a long column, Sam. And really, and we're only touching on the highlights here,
[00:07:31] lots of detail in this column on how to prepare in the face of economic collapse. Now, the reason I'm saying that in present tense, the current economic collapse, is because I believe that's exactly what's happening around us. We are collapsing economically by all these, and the signs are all around us. Supply chains, chain shortages, you know, shrinking package sizes, inflation rising faster than wages.
[00:07:59] All of these are signs of the current economic collapse. And there's signs of them trying to have you believe it's not happening. Yep, yep. The mainstream will not acknowledge the current economic collapse. They don't want to acknowledge. But that's why this is the time to prepare before the mainstream acknowledges that the economic collapse is a reality.
[00:08:24] Once the crisis is acknowledged by the mainstream, then all the resources that you're going to want, things like generators and water filters and food and medical supplies, they will become unavailable at any price or available only through the black market at predatory markup prices, because then everybody's going to want them then, right? If the mainstream acknowledges this, everybody's going to go whole hog into these kinds of resources.
[00:08:51] And so we're not facing a single catastrophe. And this is the final point she makes, this Madge Waggy, is that it's not going to be a singular catastrophe. This is a process. It's a long descent from the energy-intensive, just-in-time, global-integrated, debt-fueled peak of industrial civilization, right, this web of global economy.
[00:09:18] It's a slow, long descent into something more simple, more local, more constrained. It's not an apocalypse. And I'd like you to understand that the World Economic Forum and some of the people behind this are doing this intentionally. And you say, Sam, prove it. Show me the evidence. And my response is, just look at the last 20, 30 years, you'll see evidence where they've intentionally just decimated, destroyed market after market. The mortgage market was one of them. Now it's the gas pipeline market.
[00:09:48] And every market is being remade into its former, into what it once was, which is destroyed. All the buildup of this modern, technological, advanced, stabilized, just-in-time reality is being intentionally dismantled. And you can say you don't have evidence. My response is, look in the wake of the last 30, 40, 50, 60, you know, 80 years maybe, you'll see that we've outsourced all of our production. We've then destroyed market after market after market.
[00:10:17] And we claim that we didn't really intentionally do it. There were errors. But they always say, well, people kind of saw it from the forefront but did nothing about it. They say that. They say it's incompetence. No, it's absolute intentional evil competence. Let's actually skip this break. We're running out of time too fast. Anyway, I just want people to understand that, Lowell. You can't say it's just by accident anymore. It's too methodical. Right. Nothing in politics happens by chance.
[00:10:46] It's very well designed by those in power who seek more power and more money. And so bottom line here, folks, is you need to know how to sustain yourself and your family in this current economic collapse. Knowing that and doing that is of tremendous value. You can't put a price on it. And so don't wait for the mainstream to acknowledge this collapse. You act now.
[00:11:13] You get your pantry full. Start tonight. Start today. It's Labor Day. And you have some time maybe today to sit down and put together a plan where you can begin filling your pantry, not in any panicked way, but you have time right now to, in a methodical, systematic, well-planned, well-thought-out way,
[00:11:37] to begin to fill your pantry and to be able to provide for yourself with commodities and with skills that will sustain you during the coming collapse. A little bit consistently over time, you'll marvel at how much you can do. And again, my reminder is do the things that you eat. And if you only eat garbage that won't last very long or whatever you want to say, then don't buy it.
[00:12:06] Learn to eat things that can last. Learn to use things that can last. It can be done. And it's critical that you do so. The data centers are big news, ladies and gentlemen. Data centers in space. NASA is pushing for this. The New American has a great article about this, Lowell. You know, I'd never even heard about this idea, but it does make some sense.
[00:12:34] You know, let's put our data centers in space, you know, where it's cold and where there's an infinite source of energy, you know, in the sunshine. And I just thought to myself, oh, my goodness. Let me quickly bring reality to this article for you, though, Lowell. Yeah, please do. There's huge obstacles with this. Mm-hmm. All right. Cooling is a problem. Radiation is a problem. Launch costs is a problem.
[00:13:03] Communications is a problem. Maintenance is a problem. Space delivery is a problem. Okay. Believe it or not, this is a great idea, but it isn't going to happen, and it isn't going to happen for a long time. So, yes, it's really cold in space. But the problem is that in a vacuum, how do you move the heat away from the object? Hmm. You can't move the heat away from the object very easily.
[00:13:30] So, it sounds cool, but when you scientifically look at it, it's a big problem. But here's what they are planning to do. And NASA has been testing this, and this is the key. And I just want to bring this to people's attention because I do a technology show, and I focus on this stuff for a living. So, listen carefully. The near-term approach to this is called edge computing in space. Edge computing in space.
[00:14:00] They're going to put powerful AI computers directly aboard satellites. So, instead of these big space centers out there, which take tons of land on Earth and tons of water and tons of all this stuff, they're going to put these incredible high-powered computers aboard satellites in space instead of setting the massive amounts of the data center there. And then what they'll do is those computers will have the latest models of AI.
[00:14:31] Then the satellites can use all the processing to analyze and do all the processing in orbit, identify what matters the most, do all the processing out there, and then transmit only the useful results back, reducing communications demand while enabling much faster decisions. Okay? So, all I'm telling you is that they are going to basically do a different plan.
[00:15:01] They're not going to put the whole data center out there. They realize how difficult that's going to be. I mean, just lifting all that into space is a problem. Having all that stuff floating around in space is a problem. Because eventually you'll get too much of it, and you'll have, you know, A, everything will be colliding with each other or in each other's way and things. And you'll have space junk everywhere. But if they do it this way, see, there'll be these powerful computers that have the data because the data is light.
[00:15:28] It'll have the data, and so the decisions will be made in space from systems that we send it. And the more it sends back information to us, then in the next satellite iteration, small, we can send back a greater, more intelligent model with all the reasoning done in space brought back to us in concentrated blips as opposed to massive data processing. Anyway, think about it. That's what's going to happen. Yeah, that is fascinating, Sam. And there's not just one company.
[00:15:58] It's not just SpaceX, but there's SpaceX involved. Jeff Bezos' Blue Origin is involved. There's a company called StarCloud. They want to put hundreds of thousands of satellites into orbit to accomplish this goal, this idea. But the author of this column, Veronica Kirilinko, for Writing for the New American, leaves us with an ominous warning about this.
[00:16:27] Quote, government-backed AI infrastructure is also becoming a physical backbone for increasingly integrated systems involving digital identity, finance, communications, movement, and access to services. Add orbital computing satellite surveillance and national security functions to that architecture, and the same infrastructure sold as essential to beating China could help build something far more consequential.
[00:16:54] A planet-wide prison in which the state and a handful of powerful tech oligarchs can watch, identify, track, and ultimately control people on an unprecedented scale. She's absolutely right about that reality. NASA is developing dramatically more powerful computers designed specifically for space.
[00:17:19] Their high-performance space-like machines will deliver more than 100 times the computing capabilities in short order. And they say that's a version much closer to working, folks. Edge computing in space is what we're talking about. So she's right as rain. And now you think the FLOT cameras have power now, buddy? You just wait. And FLOT cameras are next up on the discussion point. Lowell? Yep.
[00:17:47] FLOT cameras and the Related Surveillance Network today offers new ways for law enforcement and bureaucrats to abuse the public. For example, a Kentucky police officer was caught using the surveillance network to stalk women. An officer in Massachusetts has been accused of using FLOT cameras to track an ex-girlfriend. A police officer in Indianapolis was using FLOT camera data to track his own wife and friends,
[00:18:13] checking up on them 3,700 times over a 10-month period, an average of about 12 lookups per day. Amazing. And these are just several examples of people who have gotten caught abusing the surveillance system. For every person who gets caught, there may be nine more who have not gotten caught or whose actions are simply being ignored, right? So we don't really know how much abuse is occurring. We only know about several examples of people who are getting caught.
[00:18:43] Well, today there are very few controls on how police are permitted to use the data from FLOT cameras and the surveillance network associated with them. Police can put out an alert to track a car without the vehicle owner even being a target of a legitimate investigation, right? They could put out an alert on my car, and I wouldn't even know about it.
[00:19:06] I wouldn't even have an active investigation going on, and yet they could pinpoint and know exactly where my car goes and comes and drives around. And who's in it and everything else. Government agencies across the country, they want these cameras and license plate readers.
[00:19:27] Already, folks, there are more than 110,000 FLOT cameras installed across the United States, all of them funded by American taxpayers, of course. This has taken several years to happen. It just didn't happen overnight, but we're now becoming aware of it as though we're almost overnight. In this year alone, the last several months, I've become aware of FLOT cameras. It wasn't even in my vocabulary until just a few months ago.
[00:19:55] So they've been out there posting these and putting them up everywhere for the last four years. We know that because Utah's Governor Cox recently noted that there are 10 FLOT cameras in a single county in Utah. He didn't name the county, but a single county in Utah. They were searched more than 5 million times between February of 22 and July of 26, right?
[00:20:20] That's a little over four years with 97% of the searches coming from police agencies in 45 states outside the state of Utah. Think of that, folks. It's not just that Utah is going to be looking at this data, but everybody and their dog is going to be looking at this data. What about when the communist Chinese start looking at this data and so on and so on?
[00:20:44] And then it's used for domestic manipulation in wartime where there'll be domestic threats and domestic, you know, who knows what, but manipulating that data in those ways. Look, what you're going to end up with is a term that nobody's really coined so far, so I'm going to coin it. Write it down. Remember who told you first. You ready, Lowell? Yep. It's called AI in the sky, buddy. AI in the sky. AI in the sky is going to be the massive surveillance system like you've never seen in your entire life.
[00:21:12] Imagine satellites with instant AI processing backing up those cameras on the fly with automated bots deciding what's going to happen. Mm-hmm. Yeah. Yeah, it's a panopticon we've been fearing for decades. There you go. It's coming to pass right here. Well, McMaken, who's the author of this article, says there is no pro-freedom argument in support of automated license plate readers and flock cameras.
[00:21:42] And as he concludes his article, he writes, quote, many innocent people will find themselves on the receiving end of the legal harassment and injustice that happens when a flock camera malfunctions, end of quote. Because that's already happened, by the way, folks. The wrong people get targeted and even get thrown in jail when they're not the real target simply because of a mistake in the flock camera or misidentification of a car, of a license plate.
[00:22:12] That happens. And this warrantless data collection is their game now. It's really tempting to use because it's low cost. It costs almost nothing for this type of surveillance. And police agencies, they can just kick their feet up on the table and sit back and let the data roll in and let the robots write the tickets, the speeding tickets, and, you know, the running the red light tickets. I mean, all of that could happen being an automated way. And they don't even have to lift a finger.
[00:22:42] And the dough is going to roll in their departments, all the money from you, the taxpayers, the ones driving around. You're the ones who are going to have to foot that bill. So it's not pretty. It's not a pretty outlook. But that, unfortunately, is the world of AI in the sky, as you put it, Sam. It's dangerous, ladies and gentlemen. I'll tell you what. We don't have much time for this last article, but we do want to highlight it, Lowell. It's democracy invites despotism, right?
[00:23:09] Freedom is much more important than democracy. And, you know, these are basic principles. This article simply emphasizes basic principles. And so there's two things that I just want to point out here, the Ninth Amendment and the Tenth Amendment in the U.S. Constitution, right? The Constitution is not built to empower government to do whatever it wants to do. It's a document that limits government to just a few enumerated things.
[00:23:36] And the Ninth Amendment says the enumeration in the Constitution of certain rights shall not be construed to deny or disparage others retained by the people. In other words, if it's not in the Constitution, then it belongs to the people. And the powers not delegated to the United States by the Constitution nor prohibited by it to the states are reserved to the states respectively or to the people. That's the Tenth Amendment.
[00:24:01] So, understanding this, folks, we need to realize lawmakers are ignoring the U.S. Constitution right now. And they're stealing our rights. So we need to reclaim these rights and preserve those we have not yet lost. Sam? And they love to find ways to violate the Constitution, ladies and gentlemen. It's up to you and I to be the vanguards. Let's stand tall for the sacred cause of liberty. That's what this program is all about. Lowell Nelson, thank you so much, my dear friend.
[00:24:31] You're welcome, Sam. Always good to be with you. CampaignforLiberty.org, everybody. Become a member today. They need your support. And, man, they're doing a killer job. I'm Sam Bushman. Happy Labor Day. God save our Constitutional Republic. Thank you.