Summary
➡ The text discusses the warped processes of the intelligence community, particularly during the Obama era, where checks and balances were bypassed, leading to political misuse and corruption in intelligence agencies. It further highlights how this misuse continued unabated, as both the legislative and executive branches tacitly accepted it. The consequences were monumental, including the loss of Donald Trump’s presidency. Unabated systemic collapse and disregard of the democratic system persists, with little repercussion or acknowledgement from governing bodies or media.
➡ The text discusses the global intelligence network, where countries such as China, Russia, Saudi Arabia, and Israel operate their own databases for intelligence gathering. These operations are often linked to their respective nation’s technological developments, political agenda, and defense measures. The text also suggests that such intelligence networks have become vital for the stability and continuity of governments, potentially surpassing the traditional branches of government. It also hypothesizes a single overarching network, with intelligence communities from across the globe collaborating at the highest levels. Lastly, it debates how big tech companies’ partnership with intelligence agencies influences data collection, surveillance, and governmental power.
➡ The fourth branch has manipulative control over the U.S. election databases, posing a threat to democracy, and therefore needs to be eliminated. Various companies have pulled their advertising from Twitter, essentially led by Walmart. Despite facing backlash and the potential collapse of Twitter, Elon Musk remains defiant, rejecting the idea of corporate blackmail. Despite promising profitability by 2024, the platform is laden with debt, significantly costing around a billion dollars a year. This leads to speculation about Twitter’s future and the potential orchestration behind its current state and possible collapse.
➡ The speaker is suspect of the reported wealth of figures like Bill Gates, Elon Musk, Jeff Bezos, and the Waltons, providing commentary on their financial status and recent happenings. They also express doubts about Elon Musk’s humanhood and touch upon topics like the creation of Hollywood and its potential ties to the Kazarians.
Transcript
Done in different parts because I do see a little bit of crossover. But there’s also some stuff in here that I’m seeing that I’m like, okay, this looks a little bit different. So I don’t know, but I’m having a little bit of fun with it and I hope you guys are too. So let’s see here if this is live and I am live. Okay, very good. Oh, wow.
Not very many people here tonight. I wonder if. Is there anybody? Hello there, Rebecca. You can hear me, I presume? Give me a five by five. Yes. No, maybe so I can hear myself. It said DVR and not live. Really? Okay. I don’t know what that means. If it was DVR, it should be live. I don’t know. Well, is it showing I’m live now? Okay, let’s see. Actually, let me go there and see what it says.
Yeah, it says I’m live. Okay, cool. Not really quite sure what it meant. I always try to put the live stream and then the Eastern time, I try to keep it in the eastern time zone for congruent just for consistency. But anyway, all good is what it is. I am here and you are here and let’s jump in. Actually, before I do, I want to let everybody know that I ordered my book, my crash course in the nWo.
I ordered it and I got it today. I think I ordered the night when we were doing it live. So it’s actually pretty. So it’s very big, actually. So this is a standard eight and a half by eleven. So it’s eight and a half by eleven. It’s a big book. It’s like a big Time magazine, if you will. Not huge, but definitely a nice Christmas gift if you want to give to folks because there’s a lot of people.
There’s a lot of people that are going to be, as events unfold, there’s a lot of people that probably have questions and this might be a nice option to have for people. So up to you guys. Feel no pressure for me, but I’m really enjoying having Mike do a weekly show. Hello, Manny and CPA. Deb and Yarn. And hello, Bella and Rebecca. All right, guys, we got a fairly decent sized crowd here, so let’s just go ahead and jump on in while I can.
While I can kind of see. Actually, I’m going to do this too. I’m going to make this a little bit bigger. Yes. CPA Deb. Yes. Almost everybody that is going to be participating in that. We are all in a private chat. And that was put out there. The invitation was put out there and I said, yeah, I’m in. I don’t know exactly when it’s going to be, though.
It’s supposed to be on the weekend. My understanding is that Nino is trying to coordinate that with Juan. But let me see here. Let me pull that up on my phone and I’ll tell you. Everybody who is that I’m aware of, that’s going to be in it real quick. I saw that Janet Osebard allegedly committed suicide. I was like, I was blown away at that. That was sad.
Okay, so the list for the invited is Kerry Cassidy, Nina Rodriguez, and their co hosting, James Grundvig, Josh Reed, Scott McKay, Patriot underground. I’m not sure who that is. If you guys know, let me know in the chat. Me. I think it’s tracy. Let’s see here. Tracy. Tracy. I don’t think it’s Tracy Jacob. I think it’s somebody else. But whatever it says Tracy here, that’s all it says.
So Mike Jacob, Alpha Warrior and 107. And I think Dr. Z is going to come on there. That’ll be interesting because this will be the first time that I’ve done a show with Dr. Z since the glitch. And I think somebody said that they were going to see if SGnan would come in. No, I don’t think it’s Tracy Beans. I don’t think it’s Tracy Beans. I’m not sure when Scott is coming back.
I did find out where he know? I can’t say, but I did find out where he went and just to say that I wish I could have gone. But anyway, so, yes, I am participating, but I do not know when it’s going to be. Oh, it was Tracy Jacob. Okay, excellEnt. Hello, Treadar, how are you? I did not know that Tracy Joe was going to be on. Is it a person? They go by that name? Because, man, there’s so many people out there that are kind of like relatively new.
And I have been so out of the loop. I don’t know some of these people. Okay, got you. I’m going to check into that because there’s a lot of people that I wish I know. I was put in touch with a guy by the name of Ghost and I think he does some shows with Nino and he and I are probably going to do something. Josh Reed is very good.
Yeah, I met Josh. I think I met him in the summer. I don’t know if it was the summer or early spring when they did that thing over in Arizona for Badlands. I met Josh. Yes. He’s the name of a person. He’s a good guy. Okay. All right. I’ll check him out. I’ll check him out. Sgt. Yes. Sgt is very good. Sgt is very good. Apparently when we did the event in Las Vegas back in 2020, apparently he was there, but he didn’t announce himself because he never shows his face.
Nobody knew. And I didn’t get a chance to meet him, but I would have loved to have made his acquaintance. But anyway. All right, well, enough chitchat. I am going to jump in and we’re going to read this. As long as I have good vision tonight, my vision has been I’m having my surgery on Tuesday, guys. So I’m not 100% sure that I’m going to be here for the Constitution class, but I will be here for, even if I’m wearing a patch, I will be.
I will be doing the show with Mike King. Oh, Ghost of base, Patrick Henry. Thank you, CPA Deb. Appreciate that. Yeah, I know. I don’t know. I don’t know what’s going on with Ghost based Patrick Henry. He and I haven’t really talked much, so I don’t know. But anyway, let’s jump on in here. Okay, so this is an older article from July of 2021. The one that I read earlier was a little bit more updated as our understanding the fourth branch expands.
As our understanding of the fourth branch expands, it is important to pause and reflect upon a specific check and balance within the system before finishing with the final two chapters. The modern system to check the executive branch was the creation of a legislative gang of Eight, a legislative oversight mechanism intended to provide a bridge of oversight between the authority of the intelligence community within the executive branch. The Gang of Eight construct was designed to allow the President authority to carry out intelligence operations and provide the most sensitive notifications to a select group within Congress.
The Gang of rape oversight is directed to the position, not the person, and consists of one the speaker of the House, the Minority Leader of the House, the chair of the House Permanent Select Committee on Intelligence, or HPSCI, the ranking member minority of the HPSCI, the leader of the Senate, the Minority Leader of the Senate, and the chair of the Senate Select Committee on Intelligence. And finally, the vice chair of the SSCI.
So example, when the chief executive or the President initiates an intelligence operation on behalf of the United States, the President triggers a finding memo, in essence, the instruction to the intelligence agency or agencies to authorize a covert operation. When that process takes place, the Gang of Eight are the first people to. Are the first people notified? Depending on the sensitivity of the operation, sometimes the Gang of Eight are notified immediately after the operation is conducted.
The notification can be a phone call or an in person briefing. Because of the sensitivity of their intelligence information, the Gang of Eight holds security clearances that permit them to receive and review all intelligence operations. The intelligence community are also responsible for briefing the Gang of Eight with the same information they use to brief the president. And this is the 2021 Gang of Eight. Adam Schiff, Devin Nunez.
I don’t know who that is. Marco Rubio, Nancy Pelosi, McCarthy Schumer, and I want to forget his name. Anyway, whatever, I don’t care. The King of Eight is intended to put the intelligence oversight upon both political parties in Congress. It is designed that way by. Yes, thank you, McConnell. It is designed that way by informing the minority leaders of both the House and Senate, as well as the ranking minority members of the SSCI and HPSCI.
Under the concept, the President cannot conduct an intelligence operation and the intelligence community cannot carry out intelligence gathering operations without the majority and minority parties knowing about it. Let’s see. Yeah, Amber. So I had a retinal detachment in springtime, and they did tell me that a cataracts was inevitable, and it is coming, so I’m having that on Tuesday. Anyway. The modern design of this oversight system was done to keep a rogue and or corrupt intelligence operations from happening.
However, as we shared in the preview of this entire discussion, the process was usurped during the Obama era, and there’s plenty of links in here to go deep and whatnot. Former FBI Director James Comey openly admitted to Congress on March 20 of 2017 that the FBI, FBI Counterintelligence Division, DOJ, and DOJ National Security Division, together with the Office of the Director of National Intelligence, or ODNI, and the CIA, had been conducting independent investigations of Donald Trump for over a year without informing the Gang of Eight.
Comey justified the lack of informing the gang of eight oversight by saying, because of the sensitivity of the matter. Stupidly, Congress never pressed James Comey on that issue. The arrogance was astounding, and the acceptance by Congress was infuriating. However, that specific example highlighted just how politically corrupt the system had become. In essence, TM Obama usurped the entire design of Congress of Congressional oversight, and Congress just brushed it off.
Keep in mind, Comey did not say the White House was unaware. In fact, he said exactly the opposite. He said the White House was informed through the National Security Council or NSC. The implication, the very direct and specific implication, the unavoidable implication, and James Comey admission that everyone just brushed aside, was that President Obama’s National Security Advisor, Susan Rice, was totally informed of the intelligence operations against Trump.
After all the NSC reports to the National Security Advisor, does the January 20, 2017 Susan Rice memo look different now? Again, no one saw the immediate issue. What Comey just described on that March day in 2017 was the total usurpation of the entire reason the gang of eight exists. To eliminate the potential for political weaponization of the intelligence community by the executive branch. The gang of eight notifications to the majority and minority are specifically designed to make sure that what Comey admitted to doing was never supposed to happen.
Team Obama carried out a political operation using the intelligence community, and the checks and balances in the system were intentionally usurped. This is an indisputable fact. Worse still, the entire legislative branch of Congress, which specifically includes the Republicans that now control the House and Senate, did nothing. They just ignored what was admitted. The usurpation was willfully ignored. The mechanism of the Gang of Eight was bypassed without a twitch of condemnation or investigation because the common enemy was Donald Trump.
This example highlights the collapse of the system. Obama the executive branch collapsed the system by usurping the process. In essence, the process became the bigger issue, and the lack of immediate legislative branch reaction became evidence of open acceptance. The outcomes of the usurpation played out over the next four years. Donald J. Trump was kneecapped and lost his presidency because of it. However, the bigger issue of the collapse still exists.
The downstream consequence of the legislative branch accepting the executive branch usurpation meant both intelligence communities, both intelligence committees, were compromised. Additionally, the leadership of both the House and Senate were complicit. Think about this carEfully. The legislative branch allowance of the intelligence usurpation meant the legislative branch was now subservient to the intelligence Branch. That’s where we are right now. I’m going to pause this for a second because I want to check the chat here a second.
They have oversight approval. One way, no requirement to inform our executive branch. Yeah, thank you. Foxcarding enhances Exactly. Oh, I can read. I just use my right eye, but my right eye is for distance. Nunes is a good. Yeah, Nunes is not a fraud. Nunes is a good. Like, I think he retired and went to go run true social. He’s like the CEO of Truth. And I guarantee you Trump would not have put him in that position if he wasn’t good.
Okay, so let’s see. Term three, Obama is now back in the White House with Joe Biden. Term one and term two, Obama usurped the check and balance within the system and weaponized the intelligence apparatus. During Trump’s term, that weaponization was covered up by a compliant Congress and not a single member of an oversight of the oversight called it out. Now, term three, Obama steps back in to continue the COVID up and continue the weaponization.
Hopefully you can now see the scale of the problem that surrounds us with a specific citation for what has taken place. What I just explained to you above is not conspiracy theory. It is admitted fact that anyone can look up. Yet you have seen little. Have you seen this mentioned anywhere? Have you seen this called out by anyone in Congress? Have you seen anyone in the media, ally, or adversary call this out? Have you seen any member of the judicial branch stand up and say, wait, what is taking place is not okay? Have you seen a single candidate for elected office point this out.
Have you seen anyone advising a candidate? Point this out. This is our current status. It is not deniable. It is yet not a single person. No one will say openly what has taken place. It is right there in front of our face. The words, actions and activities of those who participated in this process are not deniable. Last point. There are only two members of the Gang of Eight who have existed in place from January of 2007, the real beginning of Obama’s term, two years before he took office, when Congress flipped.
Only two members of the Gang of Eight have been consistently in place from January of 2007 to now. All the others came and went, but two of the Gang of Eight have been a part of that failed and collapsed oversight throughout the past 15 years. I’m going to guess, it’s probably, I’m just going to guess here. It’s going to be Nancy Pelosi and Chuck Schumer. I’m just guessing Mitch McConnell.
I got one of them right. I do want to say something, though. So I’m going to disagree that this is Obama’s third term. And I’m going to say that this is Trump’s second term. I know that I’ll probably get a little bit of pushback from you guys on that, but I don’t think that they have as much power. And I think in terms of this being Trump’s second term, he’s just not necessarily in the fore for the purpose of, I think, all the foundation of everything that needed to happen to be where we are today.
In terms of the Q operation being an eight year program, I think that we are approaching year eight of that program, and I think the last year is going to be crazy. So I’ll leave it at that. Anyway, listen, that’s my opinion. Just like this is his take. All right, so now we are on day five when we understand how the fourth branch works. See all the previous outlines.
Questions about our dysfunctional US modern government are answered. Additionally, the motives and intentions of people inside the institutions start to reconcile. However, before completing the final outline, there is a structural understanding needed about the global intelligence apparatus. On a global scale, the modern intelligence gathering networks are now dependent upon data collection to execute their intelligence missions. In the digital age, nations have been executing various methods to gather that data.
Digital surveillance has replaced other methods of interception. Those surveillance efforts have resulted in a coalescing of regional data networks based on historical multinational relationships. We have a recent frame of reference for the US data collection network within the NSA through the Allied process. The five I nations all rely on the NSA surveillance Database. UK, Australia, Canada, New Zealand, and the United States. The NSA database provides the digital baseline for intelligence operations in defense of our allies.
The portals into the NSA database are essentially an assembly of allies in like minded ideological connection to the United States. Unfortunately, there have been some revelations about the NSA database being used to monitor our allies, like the example of Germany and surveillance on Angela Merkel’s phone. As long as the good guys are operating honorably, allies of the United States can feel confident about having protection from the NSA surveillance of global digital data.
We warn our friends if we detect something dangerous, et cetera. The US has nodes on communication pipelines to intercept and extract data. We have also launched hundreds, perhaps thousands of satellites to conduct surveillance and gather up data. All this data is fed into the NSA database, where it is monitored, presumably as a national security mechanism and in defense of our allies. However, what about data collection or data networks that are outside the NSA database? What do our enemies do? The NSA database is just one intelligence operation of digital surveillance amid the entire world, and we do not allow access by adversaries we are monitoring.
So what do they do? What do our allies, who might not trust the United States, do to past inconsistencies? I. E. The Middle East. The answer to those questions highlighted other data collection networks, so a brief review of the major players is needed. China China operates their own database. They, like the NSA, scoop up data for their system. Like us, China launches satellites and deploys other electronic data collection methods to download into their database.
This is why the issue of electronic devices manufactured in China becomes problematic. Part of the Chinese data collection system involves the use of spyware. Hacking and extraction issues with Chinese communication company Huawei take on an added dimension when you consider the goal of the Chinese government to conduct surveillance and assemble a network of data to complete or to compete with the United States via the NSA. Other Chinese methods of surveillance and data collection are less subversive, as in the example of TikTok and WeChat.
These are Chinese social media companies that are scraping data, just like the NSA scrapes data from Facebook, Twitter, and other Silicon Valley tech companies. Remember, the Intelligence Branch is a public private partnership. Russia. It is very likely that Russia operates their own database. We know Russia launches satellites just like China and the United States for the same purpose. Russia is also very proficient at hacking into other databases and extracting information to store and utilize it in their own network.
The difference between the United States and China and Russia is likely that Russia spends more time on the hacking aspect because they do not generate actual technology systems as rapidly as the United States and China. The most recent database creation is an outcome of an ally having to take action because they cannot rely on the ideology of the United States remaining consistent as the administration’s ping pong based on ideology.
Saudi Arabia. Yes. In 2016, we discovered that Saudi Arabia was now operating their own intelligence data gathering operation. It would make sense given the nature of the Middle east and the constant fluctuation in political support from the United States. It is a lesson in the Allied Arab Community and Gulf Cooperation Council learned quickly when President Obama went to Cairo in 2009 and launched the Islamicist spring, or Arab Spring, upon them.
I have no doubt the creation of the Saudi intelligence network was specifically because the Obama administration started supporting radical Islamicists within the Muslim Brotherhood and threw fuel on the fires of extremism all over the Arab world. Think about it. What would you do if you were Saudi Arabia, Egypt, Bahrain, Kuwait, the UAE, Jordan, Oman, or Yemen? As you knew, the United States could just trigger an internal uprising of al Qaeda, ISIS, and the political arm of the Muslim Brotherhood to seek your destruction.
Without a doubt, those urgent lessons from 2000 and 910 and eleven triggered the formation of the Arab intelligence Network as a network to defend itself with consistency. They assembled the network and activated it in 2017, as pictured above. And then, of course, these pictures are from when Trump went over there in 2017, when he went over to Saudi Arabia. Let’s see here. Israel Along a similar outlook to the Arab world, or to the Arab network, no doubt, Israel operates an independent data collection system as a method of protecting itself from ever changing US politics amid a region that is extremely hostile to its very existence.
Like the others, Israel launches proprietary satellites, and we can be sure that they use covert methods to gather electronic data, just like the United States and China. As we’ve recently seen in the Pegasus story, Israel creates spyware programs that are able to track and monitor cell phones communications of targets. The spyware would not work unless Israel had access to some network where the phone metadata was actually stored.
So, yeah, it makes sense for Israel to operate an independent intelligence database. Summary as we understand the United States Intelligence Branch of the government, and as the superseding entity that controls the internal politics of our nation, we must also consider that multiple nations have the same issue. There are major intelligence networks around the world besides the NSA Five Eyes database. NSA Five Eyes database, China, Russia, Saudi Arabia, and Israel all operate proprietary databases, deploying the same tools and techniques for assembly.
The geopolitical conflict that has always existed, that has now shifted into a digital battlespace. The intelligence agencies from these regions are now operating as the backbone of the government that uses them and has become dependent on them. I’m going to pause it for a second here, and I’m just going to give you my take on what I think the intelligence operations are. So my humble opinion is the intelligence apparatuses of each individual country, they all play on the same team.
Saudi intelligence, Pakistan, Chinese intelligence, Russian intelligence, Israeli intelligence, they’re all one big company, and they all basically take orders from the same people at the extreme high levels. That’s just my opinion. I don’t think that there’s really much separation between the intelligence community. When you get way up to the top, when you get near the top, it’s all like one big happy family. I kind of feel like that is the mechanism that the globalists use to get the things done that they want done.
But that is my belief. I do not have any information to back that up, but that is what I believe that they do, and I think that’s why the intelligence community is so dangerous all right here. So once you accept the digital era intelligence apparatus of China, Russia, Saudi Arabia, the United States, and Israel are now primarily national security mechanisms for stabilization of government, then you accept the importance of those intelligence operations.
Yeah, exactly. Thank you. Yarn. Once you understand how foundational those modern intelligence operations have become for the stability and continuity of those governments, then you begin to understand just how the United States intelligence community became more important than the government that created it. What you have just read is the baseline for the next chapter in our series of how the intelligence branch has become the superseding branch of the United States government.
This foundational understanding also looked up and I lost my place. This foundational understanding also explains why traditional intelligence oversight, which was never structured to end up as subservient to the intelligence system it was intended to oversee, has become useless in controlling or restraining this intelligence branch. Okay, so that’s the end of that one. These are going by quick. I want to see what this is here. Interesting. Walmart joins a list of companies, so I might read this afterwards because this is going by fast.
So this was an article that kind of followed up on that. Former intelligence branch officials do not want Big Tech regulated. Duh. The fourth branch of government is a partnership with them. The fourth branch of government is a public private partnership. They work together. The United States intelligence agencies are collaborative partners with Big Tech. That is why Google, Amazon, who owns the Cloud, Facebook, Twitter, Instagram, are connected to the portals of the five I’s intelligence operations.
Only those who understand the fourth branch have a solid understanding of how it works. Some have called it a shadow government, but it’s not. We know exactly who they are and how they are operating. The NSA scoops up all the metadata, but the scale of the data is too challenging to filter and review, even with modern algorithms assisting them. So the fourth branch, NSA, CIA, DIA, ODNI, et cetera, work with the data providers to pre filter, flag, monitor, and conduct surveillance.
This approach frees up the NSA database crew to focus on cell phone and email communication. The overall surveillance of public electronic data and abuse of the Fourth Amendment protections is a collaboration between the United States government and Big Tech. That’s why it does not come as a surprise to see a host of former U. S. Intelligence community officials rise in opposition today to any regulation upon the big Tech system they are partnered with.
The list of names is a who’s who of scheming and conniving deep state operatives we have written about through the years. Names including Leon Panetta, Dan Coates, Mike Morrell, Sue Gordon, and even Fran Townsend, who we followed during the apex of her obfuscation over Benghazi from Axios. Twelve former top US national security officials are urging Congress to hit a pause on a package of antitrust bills in order to consider how breaking up tech companies could harm the US in its competition with China, according to a letter obtained by Axios.
You will note something very specific about those names. All of them rose to prominence after Barack Obama was installed as the president and started working on the modern assembly of the US fourth branch of government. Every name on that list was a contributing member of the Corrupt and bastardized system that has now resulted in the single most important threat to the United States, our own intelligence agencies. The House is looking to curtail the power of Big Tech, but don’t look for too much support from the Senate side.
The Senate actually supports the fourth branch of government and shares power with it. The fourth branch now supersedes the executive, legislative, and judicial branches. The fourth branch has also access to the US election databases and can control the outcomes of electronically recorded voting data in every state. That level of influence is used to protect itself from the American people. Ultimately, that’s why the fourth branch must be destroyed.
Wow, that was fast. Okay. Wow, this is going by fast, guys. Not even 40 minutes in. Walmart joins list of companies that withdraw advertising from Twitter. I may even go into some of these links here because I need a little bit more. I can’t just do 30 minutes. That’s not going to work. Let’s see. At dinner last night, I was questioned about Twitter and the recent remarks of Elon Musk.
My opinion is somewhat out of variance with the mainstream considerations, I believe. I believe the demise of Twitter was essentially determined long ago. Musk stepped into a scenario that was tenuous at best, and the government control of the platform was always the fulcrum issue. Musk’s prior intent was with the platform may be up for debate. However, against his remarks, I would argue Musk is presenting the potential collapse of the platform as a martyr scenario.
Musk if someone wants to blackmail me with money, go f yourself. Musk said recently. The platform may collapse without advertisers, but he will not acquiesce to corporate blackmail. Sounds great. But keep in mind that Musk has known about the fulfillment of the DOJ search warrant for user data since January of this year. We only recently discovered it put that background reality into the overlay of your opinion. Given the year of comments about users shared by Musk and the known lack of platform privacy.
When was this? December of this? This is recent. December 1. So this is like a week ago. Musk knew of an outcome of the platform fulfillment of the court order, the release of all the user metadata who supported, follow, liked or shared tweets of Trump that the government created the his kind list earlier this year. Yet he never discussed the issue of compromised privacy throughout his commentary. He did exactly the opposite while assuring people the platform would protect users.
Example, how did the encrypted direct messages promised work out? Now Musk positions himself as the martyr, the victim of leftist targeting and hired CEO Linda Yasarino is doing the same thing. What better way to guide the platform into a controlled collapse than to be martyred hero as Twitter platform potentially disappears. Just think about it. Simultaneously, all prior DOJ FBI intelligence community data mining and intelligence gathering operations against conservative or liberty minded Americans becomes legal when contrast against the fulfilled subpoena.
That’s the same DOJ FBIIC motive behind the Carter page FISA application. All prior surveillance, legalized ex post facto history rhymes. You know what? I think this is a. Okay, this is much longer. OKay, good. I hate, I really, really hate ads. Okay. The via CBS Walmart said Friday that it is scaling back its advertising on X. This has to be older because when was this article no. December 1.
Updated December 1 of 23. But when did it, when did it come out? Because I remember all the stuff that was going on with the Exorcist. Yeah, am I missing something, guys? Is this recent? Because to me this feels like it’s old. I remember the X thing when he bought X and everybody was bailing out of X. I thought that was what led to, well, it wasn’t even X at the time.
It was Twitter. And that’s what led to Twitter blue, if I remember correctly. Because when Twitter Blue came online, he’s like, I don’t need the advertising dollars anymore because he did the subscription model. So I don’t really see why the advertising dollars are important anymore. That doesn’t mean this article is obsolete, but I feel like this is older. Anyway, I will continue. Walmart’s decision has been in the works for a while, according to a person familiar with the move.
Yet it comes as X Faces Advertising Exodus is following the billionaire owner Elon Musk support for an anti Semitic post on the platform. The retailer spends about $2. 7 billion on advertising each year, according to Marketing Dive. In an email to CBS Moneywatch, X’s head of operations, Joe Bannerock, said Walmart still has a large presence on X. He added that the company stopped advertising on X in October, so this is not a recent pausing.
Walmart has a wonderful community of more than a million people on X, and with a half billion people on X. Every year, the platform experiences 15 billion impressions about the holidays alone, with more than 50% of X users doing most or all of their shopping online. Musk struck a defiant pose earlier this week at the New York Times Dealbook Summit, where he cursed out advertisers that had distanced themselves from X, telling them to go fuck yourself.
Sorry, just reading the article, but it just said f yourself. I apologize, but anyway, I don’t know why, but it just felt good. It felt good to say sorry. He also complained that companies are trying to blackmail me with advertising by cutting off their spending with the platform, and cautioned that the loss of big advertisers could kill X. Read more Twitter has $12. 5 billion in debt from the initial investor purchase of the platform.
The debt service costs around a billion dollars per year, $100 million a month. There was never a viable path to profitability and or platform solvency. The operating costs, when combined with debt service, are just too high now. Think carefully. In late September, Twitter CEO Linda Yesrino made a bold statement. Yesterino stated that from her review of the current status, Twitter would start to return a profit in the first quarter of 2024.
However, with $100 million per month in debt service alone, this statement seemed too far of a stretch. At premos levels of revenue, maybe, but that 1. 5 billion debt service is a heavy nut to carry. Timing Remember in early October, the Securities and Exchange Commission gave special regulatory approval to Bill Eckman’s firm, Pershing Square hedge fund for a new investment vessel called Spark, whose purpose is to invest in private companies in order to take them public.
As noted by CNBC and Spark, investors will know what company the financing vehicle would be used to merge with before they have to pledge their investments? The financial mechanism avoids some of the issue with typical IPOs. It was October of 2023, inflection time. Yasarino says a strategy is underway for profitability in Q One. 2024 Acman gets Spark approval. If you ask me what was going on, I’d say they were positioning a mechanism to get the debt removed and the investors repaid sell the debt via Acman.
Once the new advertising boycott began, the Acman story disappeared completely. The debt holders are naked with a platform that is worth less than the original investment. Was this just naive stupid thinking? Was the current scenario the result of failed foresight, or Was this a guided and controlled outcome? If you ask me, I’d say the latter. Who wins the surveillance state while everyone else proclaims Elon Musk a hero for trying brilliant welcome to the 2024 election season.
Interesting. So, as I read this, they’re trying to kill Twitter. Pull the rug out from under it. But just because they might try to kill it doesn’t necessarily mean it’s going to go away. A lot has to happen for that to happen. But $100 million a month is a big nut to carry. I am not going to got to agree with them on that. So, um, let me see here.
If there’s anything else, because this just was. I had calculated it out. It was going to be much longer than 49 minutes. Let me see. Here’s. I don’t see. Let’s see here. The intelligence agencies from these regions are now operating as the backbone of the government that uses them and has become dependent upon them. I should reread that. Well, I don’t know. Yarn. He might be rich. I don’t know, but I don’t think he has that much.
Let’s actually. Let’s check it out. Elon Musk, net worth. Well, he has a net worth of $222,000,000,000. So, yeah, you could be right. He’s the richest person and the richest man in Elon Musk and owner of X is the richest person and the richest man in the world. I don’t believe that. Let’s see. Wow. They have Elon Musk at the top of the list. Wow. At 52. Can you imagine? Yeah, I don’t know.
I’m not 100% sure that. I’m not 100% sure that he’s good and I’m not 100% sure that he’s bad. I mean, I don’t know. I have suspicions, but I don’t know. Sincerely, I don’t know. He has more money than Buffett and Gates. I call BS on that. No way. And Zuckerberg. I’m buying that now. Or Sergey Brin. No way. No way. I mean, these guys are hiding money.
They got to be hiding money. There’s no way that Bill Gates has. No way. I don’t buy that. So what are you guys saying here? Let me see here. Version two. They say riches, man. That doesn’t mean he’s human. I don’t know about that. Yeah, exactly. Saudi princes have. With all their oil money, they got way more money than that. Yeah, exactly. Rothschilds, Rockefellers, they got way more money than, uh.
They don’t release it. But, I mean, you’re going to make me, Bill Gates, founder of Microsoft, at 68 years old, and he’s been doing that since his 20s or mid to late 20s, has more money. He doesn’t have as much money as Elon Musk. You’re right. I don’t buy that. And Bezos, owner of Amazon. No way. Sorry. I call major BS on this list my opinion. And the Waltons, of course the Waltons are down.
Walmart’s losing money. Look at this. This is interesting. Alice Walton, Rob Walton, Jim Walton. So what they did is they must have, like, split up all the Waltons. Yeah, I get SpaceX, but still, I don’t think that that’s enough to put him over the top. No way. Yeah, I don’t buy that, but that’s just my opinion. Um, and so here’s one. This was from. Okay, so this was from 2016.
This is one from October of this year. And it said Musk’s net worth dips below 200 billion. Let’s see, it’s CVS, so take it with a grain of salt. Elon Musk net worth dropped by billions of dollars this week, dropping to 193,000,000,000. Poor guy. How’s he going to keep the rain off his head? According to Bloomberg’s billionaire index, this is the first time since June that the Tesla CEO saw his net worth diploma.
200 billion. But after Tesla reported low quarterly earnings, Musk, who owns about 30% of the car company, took a hit. Mmm. Whatever. I do not know. I don’t know the answer to that one, guys. I don’t. But I’d be interested to hear what you all have to say. Should I open up the phone and let you guys call in and participate? Anybody want to do that? Just kind of have an open dialogue? I’m kind of out of stuff to talk about.
Let’s see what is. Let me do this here and let’s see if there’s anything else that’s out there, because I really wasn’t prepared. I’m a little embarrassed. I thought that that was going to carry me through enough time. Let me look and see here what I see. Let’s see. Yama. I’m presuming that’s what you’re. Is it llama or Yama? Back in the. Tried to get Sam Walton to invest in oil company was actually able to get his number and get him on the phone.
He quickly transferred me to his secretary who said Sam didn’t do. I’m guessing that you probably got cut off. I think CPA Deb. So looking at. Looking back at the discussion, I think there was something about him not being human or something. Elon is so important. Yes, it does yarn. It does feel good. To say it once in a while. Let’s see. They say the richest man. Does that mean he’s human? No, you’re a very good question.
I have my doubts. So CPA Dev is saying that she’s doubting that Musk is human, and then, I don’t know, version two. I’m really not sure what the version two thing is. That’s an interesting observation. Yama llama. Is it like a Y or an L? Help me out there. Oh, and, boy, you’re just being nice. L. Okay, thank you. So I’ll pronounce it believe. You don’t believe Musk is involved in day to day operations.
Am I understanding you correctly there, Deb? And I had not noticed the Walmart sign. Let me look it up. Because I do know the Walmart logo. It’s like a WM. It’s like a W on top and an M on the bottom. But, yeah, I see your point. It does look like. It definitely looks like it’s. Let’s see. This is what I see. So when I look at this, I see a W here, I’ll do it like this.
I see a W and an M. That’s what I see. But I absolutely see your point. That it could be a tunnel. Boring machine. Images. Yeah, right there. Look at that. Right. There you go. You are right on the money. I see the similarities there. Interesting. And we know that Walmart’s dirty. I mean, there’s no doubt about it. They are dirty with a capital. Guys, I. I’m out of stuff to talk.
Guys, you may or may not be aware, but I’ve got a Jim Willie interview tomorrow morning, so I’m going to call it a night. Wexner. The Ohio State Wexner Medical center in Ohio. Wexner is really. Wexner’s from your. See? Did you guys see that? Was it Kareem Jean Pierre, like, walked off when she got asked about Biden’s corruptIon? That’s a good question. What’s on the docket for the watch party? That’s a great question.
Yeah, I believe Wexner’s Mossad. Absolutely. Llama 1000%. That’s a good question. Is there anything in particular you guys want to see? Anything that strikes your fancy? Because there’s a lot of stuff. It. I was actually. I was actually thinking that I might show. A friend of mine sent that, sent this to me. Let me find it. Let me find this. So I have been watching this. It’s from 1998, and it’s called, basically is a documentary on the creation of Hollywood.
And I thought it was very interesting. I think that’s what I’ll do tomorrow night. So we’re going to do kind of like the creation of Hollywood, how Hollywood was born. So call it the birth of Hollywood. I’m not going to say what. Yeah, it’s very interesting. Very interesting. Call it. Call it eye opening. That is that it’s. It’s, you know, I don’t want to. You know, when I.
When I did the. When I did the thing on, so I’ve. I’ve done like three movies. One was. The first one I did was what was last, the Mohicans. And then I think we played wag the dog or Navy SEALs. We played those three. Those are all interesting, but. Exactly. Hollywood. Those are all interesting. But how Hollywood was created, man, oh, man. Let’s just say that it ties in a lot to the Kazarians.
I’ll just leave it at that. And it’s very interesting that all of the people that created Hollywood came from within, grew up within a 500 miles radius of each other in Europe. That should probably tell you something, anyway. Yeah. Walmart and their tunnels. Exactly. No, our government didn’t create Hollywood. Hollywood was exploited by. It just so happened that Hollywood was able to be used. But our government didn’t create Hollywood.
Our government wasn’t big enough. Our government didn’t really become super bloated until after World War II. And that’s why going through the bad War was so important. You guys got to understand, when Mike talks about how important World War II was, it is absolutely, without, beyond a shadow of a doubt, the most important seminal events in history. Probably more so than even World War II. Now, a lot of things happened because of events that occurred.
Call it like the Federal Reserve act and things of that nature, and they are all important as well. But World War II was the event that brought all of those things together, essentially melded everything into one huge monolith. Oh, Bella, you’re way too smart. You’re way too smart. So, guys, you know what? I need to take a phone call here. So hold on. I’m going to pause this for a second.
Guys, I’ll be right back. I will be right back. Stand by, guys. This is an important phone call, and I’m going to have to take it. It’s going to be a few minutes, so I’m just going to call it a night. So I will see you all tomorrow morning with Jim, and then we’ll see you guys tomorrow night on the watch party. So have a great night, everybody.
And I will see you, Mana. .
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