Jazz and James dive into rare polling on capitalism as Davos balks at the undeniable outcome of 5 decades of financialization. Then they head to the Black Hills of South Dakota to take an in-depth look at the resurgence of perpetual trusts and the genesis of today's $4 trillion credit card industry, spawned by the nullification of state usury laws at the hands of a bright red conservative enclave and purported "originalist" SCOTUS justice. In the 2nd half, Jamie Dimon announces a $100 billion/yr emerging markets (micro-finance) initiative as the first caravans of 2020 get underway against the backdrop of nascent 3rd world pandemic. Meanwhile, Bloomie goes full fellow white. If it's Sunday, it's FTN!
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Episode Topics:
00:00:00 - State of Davos
00:30:00 - Back to Biz as Usual
00:45:00 - SD Trusts and Usury
01:00:00 - Shibboleths Fall
01:26:00 - BREAK
01:28:00 - Jamie Dimon Brownwashes Davos
02:00:00 - Unsafe 3rd Country
02:10:00 - Viral Acceleration
02:40:00 - Bloomie Goes Full Fellow White
02:57:00 - Outro
Bitcoin d'nations: 14W414tKkRLWMp91vsbZWCZiPApHMfqyvp
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First, i’d like to admit that I live in Sioux Falls and born and raised in South Dakota. Second I’d like to admit the problem you mentioned, is alot worse then you realize. This once was a great state. But through greed (we know who to thank for that), immigration (Remember Worthington is an hour east of here), and ‘modern religion’; this once great town is turning into a real progressive shithole. I have lived here for 15 years and noticed the change. But, back to the trust and usery stuff. Really the problem started back in the 1970’s. A… Read more »
Aw, shit, lads…don’t forget to add this to the stack for this week, FTN: U.S. Attorney General William Barr: “ZERO TOLERANCE for Anti-Semitic Hate Crimes”
I just got a two year VPN from Virtual Shield. Thanks for your support of Fash the Nation, VS!
I was listening to this at work and I don’t even remember why but something one of you said reminded me of “bean air” and I started laughing.
Bean air
Haven’t done memes inspired by the show, while I’m listening, in a some time…
Inspired commentary fellas.
https://i.imgur.com/DsVkA7x.jpg
https://i.imgur.com/KO9Zy6U.jpg
Bloomberg TV spot…
https://i.imgur.com/h39s1wt.jpg
“Listen shiksa, a vowt for me is a vote to stengthan yor right to be a promiscuous whore aaand do yor pawt to end White Supreemacy!”
I was listening to a few minutes of a Jesse Ventura speech at Talks at Google for some reason recently. He said he is going to have “He never owned a cell phone” on his tombstone. That got me thinking about Spam Houston and how “He should have taken his blood pressure medication” could be an apt epitaph for him (implying he didn’t before listening to FTN).
Kudos on two FTN shout-outs in the same week, Spam.
I always take my HBP meds! It’s just in the case I mentioned I had to take it a little earlier than USUAL! And by the way MY epitaph will be…..
https://pbs.twimg.com/profile_images/953716180707106817/ZS1Hj4U0_400x400.jpg
“Kudos on two FTN shout-outs in the same week, Spam.”
Thanks borther!
Based.
hey Ethnarc , Jazzhands , James, muh dudes , this is Pavl from the Europa Report.
What’s an email to contact you regarding something ?
[email protected]
WUHAN VIDEO
English Translations of Videos Coming Out of Wuhan
https://m.youtube.com/watch?v=0hDXkdogs6M
Me Chinee! Me your Highness! Me give you new Deadry Vilus! ?
Get an avatar feget
Who?
“Close the borders and deport all the gays.”
-Morrakiu
Chinese version of OSHA is Oh Shiet!!
On the subject of South Dakota, I would totally bang Kristi Noem.
I wonder how many jews she slept with to get that job?
2:16:30
James: “I’ve been to Asia”
Birthright trip?
Sioux Falls doesn’t sit on the “edge of the black hills”. That’s Rapid City, SD and it’s not a “gem”. It’s filled with criminal natives who get drunk and do meth!
SF is 7 hours away,r on the other side of the state.
They did get the Worthington MN bit correct though. Much appreciated that coverage.
Yeah I confused Rapid City and Sioux Falls. Have been to both, prefer the former over the latter because of the Black Hills. Deadwood was pretty disappointing though. Expected western boom town aesthetic, got Harley Davidson boomers and shitbird casinos.
All the natural beauty in SD is in the western part of the state. Jazzhands ain’t wrawng about it being a gem IMO, the Black Hills and the Badlands are awesome. But yeah, Deadwood and Sturgis have been heavily sanitized. They used to be a bit edgier; It’s pure tourist schlock now. The rest of the state is all flatland – cows and corn. About an hour out of Sioux Falls is the Mitchell Corn Palace. http://www.roadarch.com/h/cornpalace.html (Like that cop mural in 2008, lol). They built the first one In 1892; it was originally designed as a meeting hall. South… Read more »
Hey muh dude, this is Pavl from the Europa Report.
Do you have an email for something show related?
Th show began at 2:44:14 when Jazzhands called Bloomberg a “f*cking J*w”…
James, Jazzhands, you buried the lede — that SD governor died of brain cancer, so, in a sense, the story had a happy ending!
https://m.youtube.com/watch?v=XjW3JV2IYhw
I prefer the traditional:
https://www.youtube.com/watch?v=O506lBvM1jY&app=desktop
“….Fuckin’ Jew!”
That should have been the show title!
JusT saw that you beat me to this. I’m not worthy…
Dynamite show today, guys
Absolutely right! FanTAStic show!
Thanks fren
Jazzhands, ackshually Sioux Falls is about 370 miles to Mt. Rushmore. Maybe you can make the drive in 40 minutes, but for everybody else plan for about a 6 hour drive. Maybe you’re thinking of Rapid City? Like Sioux Falls, they have a regional airport; starting from there you could definitely make the drive to Rushmore in 40 minutes.
You’re correct, I must’ve been thinking of Rapid City. Sioux Falls is on the other side of the state.
Rich people pay most of the taxes.
And what percentage of their wealth is going to taxes???
Aaaand most of the taxes go to fund military adventurism and welfare programs for non whites (I have no problem with a social safety net for white people). The taxes paid by the rich aren’t intended to benefit us.
So your take is that rich people should pay more in taxes to ZOG? And corporations too. We should be outraged that Amazon is not paying their fair share of corporate taxes to ZOG.
No my take is that ZOG must be removed, then we can deliberate about taxes.
Poland is doing that this week with the great Slavic kritarchy Shoah. I mention it in the Europa Report coming out Tuesday.
Just kick out the jooodiciary and let the ruling nationalist party have executive override on all court decisions.
Fuck EU law Bada bing badda boom joos btfo.
Your take ?
Well, you didn’t ask me (not that anyone ever has to.) but I think that would be a great thing to happen. But I’m skeptical that it will.
“So your take is that rich people should pay more in taxes to ZOG?” LOL!!! How much money do rich people give to the: ADL SPLC AIPAC LA RAZA NAACP AJC-American Jewish Committee ARZA-Association of Reform Zionists of America CAMERA-Committee for Accuracy in Middle-East Reporting in America[LMAOl!!!!!] CJF-Committee of Jewish Federations HIAS-Hebrew Immigrant Aid Society JCRC-Jewish Community Relations Council JDC-[American Jewish]Joint Distribution Committee NJCRAC-National Jewish Community Relations Advisory Committee ORT-Translated from Russian-Society for Rehabilitative Labor OU-Orthodox Union (I know what you’re thinking! But it stands for Union of Orthodox Jewish Congregations of America) Ho-lee SHIT! RAC-Religious Action Center[of Reform Judaism]… Read more »
Akshulley, the federal government spends independent of tax revenue. It can fund welfare programs and military spending regardless of the amount of $USD balances in the Treasury General Account via tax collection. It faces only two constraints: real resources and inflation. Cases in point: the US spent 7 trillion dollars in overseas adventurism in the last 20 years. The US gave 18 trillion to Wall Street in the form of FED credit lines and asset swaps (QE). No inflation, insolvency, all done regardless of how much money was debited from our paychecks. When members of Congress and the (((financial presss)))… Read more »
I counter signal the muh tax revenue narrative because we all have family that worked their entire lives and/or retired and white people that need welfare, as shitty and lacking as it is for them. I really get annoyed when Congress and (((the financial press))) mention solvency. They are either lying or ignorant about monetary operations or both. Have you ever noticed how they only mention how are we going to “pay for” things when it comes to material benefits for actual Americans? I never hear them say how we’re going to “pay for” wars or bailouts for finance capital.… Read more »
And yet they are still taxing middle-class and working-class White people and giving all sorts of tax breaks and creating all sorts of loop-holes that disproportionately benefit the rich. Especially jews! So IF they are going to continue to run this tax con let them do it to the rich!
Especially the JEWS!!! And if they AREN’T then they can eliminate all federal taxes for everybody making less than $100,000.00 a year! I wonder who THAT would disproportionately benefit???
Exactly. The entire tax structure is upside down and completely fake and gay. The working-class and middle-class, specifically, whites, are way overtaxed. As a matter of policy, they overtax us. I agree we should tax the rich. Billionaires only exist because of policy, not because these people are more intelligent than the rest of us. And because of (((nepotism))) and WASP butt goy networks. I’m all for progressive taxation of the rich as a matter of creating an equilibrium of distribution. At the end of the day, taxes are a way for the federal government to obtain resources. Since the… Read more »
“Spam Houston better be cocked back…”
I AM!!!
Am I the only one whose jimmies are stratospheric from the report on the disease/immigration nexus???
Maybe you are… I don’t happen to agree with those takes. Sure we wanna stop immigration, and yeah Asian countries like China can hv these weird viruses that come out of some of their bad practices with food, animals and other things but this Corona virus thing will not be a pandemic anymore than the SARS was, and the number of deaths from that was NOT high, it all kind of fell flat but they tried to make a big thing of it. You really can’t successfully immunize against viruses bc it’s a piece of genetic material that mutates. That’s… Read more »
I don’t care if it’s a pandemic or not. What pisses me off is that disease is being pumped into our society because our country is run by racial enemies and greedy plutocrats and they are using mass non-White immigration to commit genocide against us. The disease is just one more tool in their kit. And all the heath consciousness in the world isn’t going to stop some dusky scumbag from murdering you or raping your girlfriend. Or some jew from looting you. And even then why the fuck should I have to jump through all these hoops just to… Read more »
Guys. This is some of the most retarded shit I have ever heard. If you put a million dollars into a trust in 200 years nobody is going to be a fucking billionaire. 2 things: one, it assumes nobody spends anything out of the trust for 200 years. 2, it assumes if the trust has beneficiaries that they have an unbroken 200 year succession of only children. Most trusts get spent, or they get divided (and then spent) faster than they grow.
tfw can’t into compound interest (simple math)
When we said, “for example, if you took $1 million, put it in a tax free trust for 200 years at a 6% rate of return” it presumes no one is going to touch it because it is a precise mathematical example, but even if one or many heirs drew on the returns, it would still be worth billions after 200 years and that’s assuming nobody put anything into it, which they often do.
Simple math like calculating compounding interest by multiplying $1M by 1 + the interest rate then pressing the equals sign on a calculator 200 times. Or using an exponent feature on a fancy calvulator. If only one of your ancestors had been smart enough to do that you’d be a trillionaire. Assuming you didn’t have any aunts or uncles. Or great aunts and uncles. Or great great aunts and uncles. Or great, great, great, aunts or uncles… etc. Because if you did you’d be the beneficiary of a trust split by such a large number of people it wouldn’t be… Read more »
Guy, you are over-complicating the ever living shit out of what was, for 99% of the audience, a very crisp, salient point: South Dakota is now a place, unlike anywhere else in the world, where an extremely wealthy person, with many millions of dollars, can take, FOR EXAMPLE, one million of those dollars and lock them away in a trust in perpetuity (that means indefinitely), compounding interest in a state with no taxation while being totally shielded from any legal action whatsoever. In 200 years that one million dollars will be worth well over $100 billion. Thus, all of your… Read more »
So there you are deliberating about wealthy people and taxes again.
Your crisp salient point is a stupid one.
who are is person like you
oh I think we all know who
you critique like Hegel
while munching a bagel,
and do the work of the joo
With mushroom , caramilized onions, and Swiss?
“It would still be worth billions”
No it wouldn’t. Run the numbers doubling the number of recipients every 20 years and calculate how much they each get. Assuming again the beneficiaries net zero and take out as much as they put in. Which is a huge assumption. Most people blow their inheritance in about 2 years.
“No it wouldn’t. Run the numbers doubling the number of recipients every 20 years and calculate how much they each get.”
Nobody said anything about recipients. It’s an example.
“So there you are deliberating about wealthy people and taxes again.
Your crisp salient point is a stupid one.”
I’m not the one 2 for 2 siding with Jewish financial interests.
If it walks like a duck…
“vaginal tool of shlomo.”
LOL!
Does this mean that Trump was schlonged?
Shit, I thought it was funny.
I thought that “Vaginal Tool of Shlomo” phrase referred to Ivanka.
It can be applied to both now.
I don’t mean to counter-signal but Nixon’s closing of the gold window was a good thing. It really isn’t related to trade policy. The US, if it wasn’t run by generates and greedy capitalists, could have still maintained protectionist trade policies to protect US industry. The gold standard was historically a disaster which is why the US abandoned it. It caused recessions and depressions every decade like clockwork. We’re on a floating and non-convertible exchange rate with the $USD now. Fiat is great in that you have way more fiscal options (not that we ever use them because Congress is… Read more »
Although every fiat currency in history eventually collapsed without exception. The average survival rate of a fiat currency without intrinsic value is 30 years.
I disagree. In terms of a track record, fiat currency has outperformed the gold-standard in most metrics. We can look at stability, growth, etc. If the US would have been a gold standard in 2008, there would have been a deflationary depression.
Don’t forget that the federal reserve has a negative impact on currency stability
According to whom? The FED has no control over the money supply. It can affect the rate of interest through the fed funds rate.
According to theory (and basically everybody):
“In the United States, the Federal Reserve policy is the most important deciding factor in the money supply”
https://www.investopedia.com/terms/m/moneysupply.asp
No, not according to everybody. Post-Keynesian/MMT economists have repeatedly demonstrated this to be false, so much so that the money multiplier is no longer taken seriously as a line of inquiry in the majority of undergrad econ programs in Europe and even in the US. They’re incorrect and operating under a false premise. The money multiplier is incorrect. The money supply is controlled via fiscal policy, not monetary policy. Given that the demand for reserves is inherently inelastic it leaves the FED with no control over the money supply. The FED can only control the price (rate of interest) via… Read more »
‘It, (the Gold Standard), caused recessions and depressions every ten years like clockwork.’ Umm, the topic was the former US Gold Standard. Not the current US Gold-BERG Standard.
The history of the gold standard has been a disaster in the US. It was a banking panic every decade followed by recession or depression. You could set your clock to it. It’s inherently unstable because it requires a fixed quantity of money and is subject to serious deflationary pressures. This is why all the European powers would abandon the gold standard during times of war.
Angry Jazzhands is the best person to listen to on any podcast.
There is another kind of wealth distribution ongoing, in the current economic crisis. The “everything bubble” we are seeing is not what most people think, that stock, bond and home prices are overvalued and at some point they will come down. It’s the opposite, because of the money printing the price of everything is skyrocketing as the dollar is continuously losing value (losing purchasing power). Inflation hasn’t shown up in basic consumer goods like food, but probably that’s the trick, people don’t realise what’s happening until it is too late. You should seriously consider investing in hard assets like gold… Read more »
The reason there’s no inflation is that banks don’t lend out reserves. This entire fractional reserve lending meme is incorrect. Banks lend reserves to each other, not to customers, so there is no transmission. QE isn’t printing money, it’s just an asset swap, as no new net financial assets are created. Here’s where I do a see a problem: QE effectively flattened the yield curve, drove down borrowing rates, and forced people to migrate portfolios into riskier assets with way more leverage available at a cheaper price. I think for the past decade the FED was thinking of all other… Read more »
“there’s no inflation”
We live in an everything bubble, where every financial asset is inflated. Official inflation calculation is a joke.
“Gold is a terrible investment”
The long term value of every fiat currency is 0, while gold is a means of preserving value. In the current situation gold it’s highly preferable compared to stocks, bonds and cash.
Gold has a terrible intrinsic value. You stick it in a safe and it does absolutely nothing. I’ll stick with equities that earn profits.
Please define inflation. Yes, there is asset inflation, but that’s not the same as a rise in the general price level. For the past decade, the FED was trying to inflate, as was the ECB, and they failed miserably.
“For the 20-year period, gold has returned more than 485 percent, beating Warren’s Berkshire Hathaway, which was up 426 percent.” (Forbes) If you understand the current situation of the US economy (late economic cycle, never seen before indebtedness on private, corporate and government level) gold (an asset preserving value) is way better than the alternative. Some textbooks use a false comparison of the gains of the Dow Jones in the last 100 years to gold although they forget that specific factors helping the Dow like the US winning WW2 and the Cold War, growing demographics, etc. How does gold perform… Read more »
Keeping >10% of your savings in precious metals is a bad idea because gold yields nothing. Long term it’s a grug brain way to keep up with inflation, and short term it’s a way to bet on swings of human emotions. I get that it’s foolish to go all-in on the (((stock market))) but they’ve always performed better than precious metals over a long-term horizon. Only buy ultra low fee index funds from places like Vanguard. Never trade individual stocks because that’s gambling and the house always wins. If you like tangible investments and have the aptitude save up and… Read more »
Coronavirus is contagious for a 5 to 7 day incubation period where the host shows no symptoms.
Taking peoples temp is useless.
Just read 1-14 day incubation period and that its ability to spread is getting stronger, per Reuters. And even that is probably a lowball.
http://news.trust.org/item/20200126105121-12mxo
“they’ve leveraged the crazy to their own benefit”
This is what I’ve been saying for a year! I think that the more disruptive side of the kosher sandwich thought they could work with this aspect of his personality from the beginning! It’s just that the more subversive side of the K/S thought that that presented grave risks for the current order. And, frankly, neither side was wrong!
I wonder how we could exploit these loopholes to better fund White interests
“They would prefer their own guy in there”
Well for one side of the kosher sandwich that’s certainly true. But for the other side they are perfectly happy with who they got. I think you can see that in George W. Bush even. The subversive side hated him and the disruptive side loved him.
“Duplicitous he is.”
EXACTLY!
“Time to break out the blood pressure medication…”
I already took it!
@27:05 congrats on making it onto FTN’s timeline, Spam Houston. An enviable participation trophy!
Thanks my dude!
I see Kyle’s artwork. And I love it!
Everybody who loves Kyle’s artwork raise your hand:
https://media2.s-nbcnews.com/j/MSNBC/Components/Video/201811/nn_rmo_high_school_white_power_photo_181112_1920x1080.focal-760×428.jpg
Seen Kyle? Seen Kyle!
Great artwork, Kyle!
Re: James’ question at 38 mins
– those vahmens are protesting because people are stupid and we care more about politicians’ rhetoric and manner than they care about what they actually do.
I blame the jews.
OK so what you’re telling me is absolutely NO ONE else on THIS website blames the jews?!
Naah. You’re pretty much on your own there, mmbud. ?
“Naah. You’re pretty much on your own there, mmbud.”
Then one of us is on the wrong website. And I don’t think it’s me!
I’m pretty sure the Wammen’s March had the plug pulled just like Black Lives Matter because they were too chummy with anti-termites.
Vaginal if valid
Good morning, fellow whites
B L O V I A T I N G
Don’t tell Bill O’Reilly’s on this episode!
Tonight has been a remarkably boomer-stupid shift.
Glad to have FTN283 to make the second half more bearable.
Oh look anti-white racism is trending on Twitter.
I guess Shlomo is mad at us again.
https://i.imgur.com/vPYlRHD.png
Again? When did they ever stop???
Not sure if this is covered, the head of (((Goldman Sachs))) has stated at Davos that the bank will not do IPOs with firms that have all straight white male boards. Diversity is a requirement. California already has similar laws, about wammen on boards. They really do hate us.
They feel righteous.
They’re evil.
I suspect the death panel will talk about it on Monday especially after Tuckah’s “antisemitic rant”
I’m going to wash down my weekly FTN Blackpill overdose with a rank-assed 24 oz. Corona…
Corona chan
They have to go back
It’s still a good song:
https://www.youtube.com/watch?v=p6Lvvhn4J0g
I never want to hear that pathetic-assed, ?? song again! ???
Then you really ARE on the wrong website!!!