[Music] Breaking news as Disney announces Mass Layoffs one day after Paramount pitchers Announces their own series of mass Layoffs so what we're starting to see is More and more layoffs and more and more Debt and debauchery and really guys it's Starting to look like the fall of Rome Is happening right before our eyes but Maybe we should start calling it the Fall of homes and so today I have Mitch Vexler here with us to try to help Figure out what's going on with this and We're also going to tell you guys and Remind you guys what is a wage price Spiral because Jerome Powell is Basically saying that's why we're having These layoffs and then we're going to Transition off of the wage price spiral And we're going to go back into just how Much debt the Federal Reserve has gotten Us in and Mitch what Mitch has done for All of you guys I really got to give you A lot of credit here Mitch I really Really appreciate you brother Mitch has Also made an amortization schedule and a Breakdown of how much debt we're in on a Localized level so again we're going to Show you and we're going to remind you The $1.18 million in debt you're in Right now as a taxpayer but you guys Remember that's just on a federal level So we're going to also show you what That looks like on a localized level now
Before I dig in Mitch before we start Partying and having fun here how are you Good everything's okay it's been a long Few days but we've got some Really fantastic information that as far As I know nobody's ever ever seen Because nobody's ever been able to Quantify it we I finally figured out how To get that done and it's been quite a Long haul to accomplish that but we have It and with regard to your comment about Jome Powell you're about to see one of Two things either he completely Intentionally ignorant or he's a He may be a nice guy but what you're About to see what everybody out there's About to see is horrifying yeah uh you Know and I just especially after meeting You Mitch I don't think he's a nice guy At all you know I know someone's got to Do the his job but you just based on What I'm saying based on the fact that They are just drowning Us in debt they Are not paying any debt back and they're Saying hey we have the guarantee of the Taxpayer to issue these bonds we have The guarantee of the taxpayer to get Into this debt I just you know they feel Like a teenager that's is sneaking my Credit card out of my wallet in the Middle of the night uh quite frankly and You know they've done that so much now I Have to sacrifice things in my life to Survive and and one of those things
Maybe getting a second job uh like Carrie just to afford my property taxes I mean she's got a second job so what Happens again when these layoffs really Explode well what happens when these Layoffs really explode is everything Melts down with it because as you Constantly point out Mitch and you've Helped drive this point home mom and pop Which is me I'm on pop we're the Economic engine quite frankly if we Can't pay things or if we lose our job Or if we lose income then the whole System comes crashing down and that's Again why it's such a problem to have so Much apathy in this world would you Agree and to your point what we're going To show everybody you would need eight To 10 Jobs in order to satisfy what you're About to See well said yeah so again you guys so What we're about to show you understand That it would take you having eight to Nine jobs to pay this debt back eight to 10 yeah I'm sorry I get so overwhelmed With uh you know the debt and what They're doing to us Mitch I mean you Know like I always say I mean it does Get confusing but let's jump in right Away let's show the viewers exactly What's happening with Disney and the Layoffs that they have just announced Here's an article that came out this
Morning from Fast Company titled Disney And Paramount lay off hundreds of Employees as Legacy Media Giants Struggle with pay TV decline in 2024 Disney actually just beginning the Layoffs in other words Disney's probably Going to start doing a lot more layoffs But this article goes on it hasn't been A good week for the entertainment Industry two of media's biggest names The Walt Disney Company and Paramount Global each announced layoff this week Both said they would cut hundreds of Positions in efforts to reduce costs Here's what you need to know now I did a Video yesterday about Paramount Global Uh trimming its Workforce essentially They're citing a decline in Revenue They're laying off about 15% of their Workers and they shut down a very Classic historical television Studio Actually in Hollywood so I won't go into That too much I'm going to go straight Into Disney and again you guys one day Later so Disney layoffs around 300 Corporate workers so it's not theme park Yet this is what this says a day after Paramount's most recent job Cuts Disney Announced it would cut its Workforce Deadline pegs the number of Disney staff Let go this week will be around 300 People all those layoffs are based in The United States with the layoffs Impacting legal Finance HR and
Communication in a statement confirming The layoffs a Disney spokes person said We continually evaluate ways to invest In our business and more effectively Manage our resources and cost to fuel The state-of-the-art creativity and Innovation that customers value and Expect from Disney now personally Mitch I don't expect that and value that from Disney you know for me it's just like What about the families Disney like what What about the families like this Disney Was a huge part of my childhood Mitch Huge part of my childhood so you know What I'm going to keep going but I'm Going to tell you this right now I'm Completely disgusted with Disney let's Go on as part of the ongoing Optimization work we have been reviewing The cost structure for our corporate Level functions and have determined There are ways for them to operate more Effectively a 100 different ways to cut Their cost and do things more Effectively aund ways like one of them Would be stay in your lane Disney stay In your lane the latest layoffs come Just days before Disney's 2024 fiscal Year concludes on September 30th what Timing however while devastating for Those affected this week's layoff of About 300 people pale in comparison to The seismic impact that CEO Bob Iger had On the company's Workforce numbers when
He returned in 2023 to the Helm of the Company again at the time he killed 7,000 positions in an effort to help Save 5.5 billion do it sounds like the Employees really like Bob they hired him And the first thing he does is lay off People honestly Mitch my 9-year-old Could do that they can literally can Hire my 9-year-old she'll charge Probably 0.5% of the same salary and she Just point at a whole bunch of people And say just fire them and you'll save $5 billion I mean is it really that hard To do anyways let's go on the 300 layoff This week aren't the only Disney Employees who have lost their job Recently in May Pixar cut about 14% of its Workforce and in July Disney Entertainment television laid off 140 Workers because remember you guys Disney Essentially owns everything including National Geographic which National Geographic also cut about 14% of their Staff don't forget that this is just Disney corporate why are Legacy Media Giants cutting jobs while 2023 and 2024 Made headlines for massive job cuts Across the tech industry many forgot That media companies have been Aggressively cutting jobs for the sake Of cost reductions there are a few Reasons for this and both can be blamed On the shift to streaming so it has
Nothing to do with the woke policies Mitch nothing to do with that guys it Just has to do with streaming but wait a Minute Mitch Disney is streaming and I Know that because I'm embarrassed to say This but I actually have Disney Streaming I think it's an a bundle pack Or something and again I'm embarrassed To acknowledge that there's hardly an Entertainment giant left that does not Have its own streaming service exactly But most of these services are so far Unprofitable contributing to those Losses quarter after quarter and again You know I'm just saying stay in your Lane guys stay in your lane meanwhile The transition to streaming is also Having an impact on Legacy television The former bread and butter for most of These companies people today especially Younger Generations are abandoning Legacy pay TV services in droves fewer Audiences mean advertisers are less Willing to spend as much on advertising And this is leading to a reduction in ad Income for many media Giants can you try To help us figure out what are some some Of the reasons for this recent round Of Disney Layoffs yes I think the best way to sum This up is that the Board and the CEO Bob Iger are Responsible for these actions in that Disney is a entertainment company
They're in the hospitality business and When you're in the hospitality business Nothing matters but the Guest and and when you start promoting Ideologies as in woke you will go broke That is a absolute summary of what you Are seeing here that press piece is Nothing more than hot air they're trying To back up and say well we didn't do This we're not responsible for this when In truth yes you are why because instead Of looking after your guest you decided To take a political position and piss Off 70% of your guests Mr Iger and the Board who are respons responsible for This just as in the case of all those Other entities that we've talked about In the past that are firing the Employees you are responsible for this You should be shown the door effective Immediately and to your point point Mitch uh mean I have three children in My household right I mean we've watched Disney movies I grew up on pretty much Every single Disney movie my my father And I could quote we used to practice Quoting lines especially Star Wars um it Hurt it really hurt because you hit the Nail on the head I mean Disney was It's Entertainment Hospitality like you said I Mean it was a time for my family and I You know at the end of the night after Dinner to sit down and end our night and
End our evening watching a Disney movie And now fast forward to today Mitch like My wife and I we have to like look at Certain review websites to see if There's any hidden agendas I mean that's Sad man I mean when did why do you think Disney allowed themselves to kind of get Political do you think that they thought That would help them make money or what Happened Mitch risks can be Quantified if they saw in the beginning Well let's try this and we'll take a Little political position and say this And this but you see it's so far a field From the creation of Disney that it has Literally see it doesn't matter whether You're a republican Democrat something In the middle the bottom line is when You take these positions and shove it Down people's throats you're creating People to go after each other instead of Doing what your business is which is Looking after your guests make the guest Happy shut the hell up and what your Political beliefs are because nobody in Truth should give a damn right Disney Exists just like other entities Budweiser's another one right your Ideology has nothing to do with the Business you have one job and that's to Put money in the pockets of your Shareholders and if you can't do it There's the door it's real simple
Look after your guests and put money in The pockets of your shareholders that's It and if you can't do it get out you're Guilty the idea you hire these people Well we're gonna hire from this Political party or that political party We're going to do this uh diversity We're going to do that no it only comes Down to one thing what are you doing to Look after your guest and how are you Mitigating the risks in or the idea of Not looking after your guest it all Comes back to one simple thing it's the Guest nothing else matters matters if You hire people that don't care about The guest and only care about their Political positions well de facto you Failed your leadership failed there's The Door Mitch you got away with words Because I didn't know you were gonna say That but I mean it hit me like a ton of Bricks they're creating division Disney Is literally creating division when they I mean again I didn't I watch Disney Because I want to Escape politics and and these other Challenges and dividing forces out there I want to escape and you know they lost Sight of supporting families they They've they've literally lost sight of Supporting families I won't go in there Too much but my gosh man I mean the Division that they are creating by
Taking a side you take a side you're Going to create division um do you think Mitch you know look at Disney as a bit Of a evil Company no I'm a huge fan of because I Understand the technology under the hood I understand the Landscaping I've been a Big fan forever um and it's been a Company that's been around for a real Long time and that's why I get annoyed It's just to me that it's like Macy's Right been around since the late 1890s And yet they've destroyed the company And that's what I fear is going to Happen with Disney because they've lost Their way Nothing Else Matters other Than looking after that guest nothing Your political ideologies are C costing This company money you will peel the Skin off of this company if you do not Stop and this is about leadership and When you stand up as the leadership and Say well we're going to support this Political belief or that political Belief the truth of the matter is it Isn't a 50-50 issue the vast majority of The American people do not adhere to Your ideology they want something that Maybe is in the middle right Mom and Pop Is Mom and Pop and if their money is Being taken from them which is what it Is that you're doing you charge a lot of Money to get into those Parks if they're going to pay that type
Of money they want to be happy Hing People that do not make your guest happy Is bad leadership as I said there's the Door get out you just you just hit so Many buttons so it's so hard for me to Shift so let me just let me just let me Just say this one thing because you know And I told you this earlier when you had Mentioned Macy's at before making this Video I was on social media I was on Facebook and I was reading a post that Had to do with the owners of Macy's on The Titanic and essentially the owners Of Macy's the men and his wife the woman Had so much integrity and morals back Then this this Rich millionaire said That he refuses to go on the raft boats Until the the women and children have Been evacuated and I was thinking about That Miss like man you know in just a Hundred years um the morals and Integrity of our society Have eroded away and that's super sad And speaking of which and you know and There's a lot of blame to go around I Won't wallow there too much I want to Move on now and I want to show the Viewers uh and explain to the viewers What a wage price spiral is exactly Because remember you guys apparently That's why we're having the layoffs That's why it's necessary for me and you To make less money again they do not Want us making more money right now so
We're going to listen to a clip from Jerome Powell that's about a minute and 20 seconds and we're going to come back To Mitch and Mitch is going to break Down exactly what a wage price spiral is And whether or not that's even real to Begin with because maybe we just need a Government that spends money that they Have I don't know either way listen to The video assistent with a 2% inflation Rate assuming reasonable productivity You said in November that wages are not The principal cause of prices going up But for many workers real wages have Been falling lately so I Wonder Isn't There room for wages to rise a bit Faster so workers can make up lost Ground and what level of wage increases Do you think is consistent with a 2% Inflation Target okay so um I guess I Would start by saying that the the Inflation that we saw at the beginning Of this episode in back in March of 21 Was not really related to wages at all It was related to tightness in in Goods Markets largely due to supply chain Issues over time though um inflation has Now spread broadly through the economy And while I would still say that the Inflation we're seeing now is not is not Principally related to wages we think That wage increases are probably going To be a very important part of the story Going forward particularly as it relates
To that third category of of core Services X housing so um so we think it Is an important thing going forward and Ultimately in the service sector in Particular where where uh wages and Benefits are are by far the largest cost Um wages need to go up we and of course We want wages to go up we want wages to Go up Strongly but they've got to go up in a At a level that is consistent with 2% Inflation over time making basic Assumptions about productivity I'm Thinking to myself I'm like well wages Have to match your your inflation Government and and you guys to the Viewers when he's saying inflation I Want you guys to think of that as Government spending and uh government Printing of money Mitch please my friend Can you please break down what he just Said and break down for the viewers what A wage price spiral is yeah absolutely What he just said is blah blah blah blah There's nothing in there that's Absolutely true and the reason why I can Say that is because what we're about to Show you shortly will show you that you Owe $99,000 a month based on the debt That these morons have created there's 23,000 people inside of the Federal Reserve and what we're about to show you I'm just one guy how is it that I Figured this out and they didn't and
What you're about to see is why wages Have to Skyrocket to pay off their debt Both at a local level and the Fed Federal level and it is horrific so stay Tuned for a few minutes when I was Watching that Mitch I mean he seemed Very Disconnected uh you know he almost kind Of rolled his eyes at the interviewer Like oh you want to talk about wages Again who cares about that my job is to To to lie to you as the public and to Protect the banks am I off in saying That no he both both people are Literally talking past each other Because neither one of them have a point There is no point this is all Quantifiable math where is the money Going going to come from to pay off the Debt that you morons created that's it Answer the question let's talk about the Debt because here's the thing that we're Trying to you know we're beating a drum Here guys if it wasn't for the Devastating spending of the Federal Reserve in our government these layoffs Wouldn't be necessary again these Layoffs would not be necessary if it Wasn't for the Reckless spending of not Just the Federal Reserve our localized Government so we're going to show you Guys again Mitch's math on how much debt We're in from the Federal Reserve and Then
We have a whole another series of math That Mitch you know made himself that's Going to show you guys at least in his County how much debt his County in and When we combine those two things and Then when we amortise that it's Impossible to pay so we'll show you Right now starting with federal debt What you guys are looking at here is a Chart an amortization schedule actually That Mitch made and one thing that I First want to say is remember you guys The way that federal debt and spending Works it is not advertised which means It is not being paid down so so this Isn't even accurate because they're not Paying it down if they were paying it Down it would not be going up but it's Going up at a skyrocketing rate so let Me just break this down real quick for Them Mitch and and just correct me if I'm wrong but basically what you have Here is a loan amount of the federal Debt about 36 for the sake of argument At a 6.42% interest rate uh at 25 year Loan and the monthly payment let me just Make sure I'm adding this right so the Monthly payment to service that debt if They were paying it down which they are Not yeah 250 Billion just to service the debt then Yeah not not not to pay it off okay for Months right per months just making sure I I got that correct so two I wonder how
Many count third world countries we can Help in in conquer hunger and water uh And things of that nature you know if if It wasn't for the CEO's Bonuses um anyways let's go on here so Here's what I wanted to show you guys What Mitch did so in in addition to that Okay here's one thing that is being Hidden from us all right this 163 Trillion that's trillion right Mitch That's not a billion is that a trillion Okay yes so so that's called unfunded Liabilities those are liabilities that We don't have the money for those are Literally things that we need money to Pay them and you guys some of those Things are things like it's right here Mention did that Social Security uh the Net interest to service that debt uh Health Medicare National Defense income Security veteran benefits so all of that Money they were supposed to have for our Retired for our veterans and heroes it's Called unfunded liabilities because they Don't have that money and they never had That money and they just actually took That money that we put in our pensions And things and they spend that money They spend that money they don't have it That's called unfunded liabilities That's 163 trillion now when we take the Total amount of taxpayers 143 million Right here essentially what Mitch is Saying is this okay we're in debt from
Just a federal government this is not Where we live this is not counties each And every one of us if we're a taxpayer So if you have two taxpayers in your Household this is double if you have Three taxpayers in your household this Is triple per taxpayer the amount of Debt on a federal level is $1.39 Million is that correct Mitch yes they It's not specific to the dollar Mount so Don't everybody get hung up um because Obviously this is changing by the second Literally so it's the idea of what the Formulas are and the gross amount of Debt as of today assuming it is frozen In place which it is not right because Amortization schedules and you can look This up on I think it's US debt clock. Goov or something or.org but you can Literally see this debt flying past your Eyeballs by the second makes me so mad You know uh because it's like why are You treating us like we're stupid I went To kindergarten math uh and 2 plus 2 Equals 4 I know that's hard we can stick To 1 plus 1 equals two but if you want To be more advanced 2 plus 2 equal 4 They can't even calculate that I mean There's literally there no one's Calculating this stuff now here's where It gets really bad you guys when we look At the localized level okay Mitch made This and this is for Denton County this
Is where Mitch lives okay in this County So he's using this to show you guys now How much total debt are we in if we're Just counting that Federal that 1.13 and Now we let's look at the localized level And I got to tell you guys real quick Before I go into the math this was Shockingly hard to find like the federal Debt is easy like it's well I'm sorry That's not that easy right we got to Find unfunded liabilities but it's Easier when it comes to localized debt Like with the Bonds we went Mitch and I and I remember This because I you know we were working Together this day and Mitch went to the Texas bond review board directly the the People's job their job is designed to Review bonds and to understand what's Going on with bonds and things like that And they didn't even know how much debt The county was in Denton County was in The own Bond review board So again you guys this was very very Difficult to find and honestly Mitch I Think that's on purpose what do you Think the idea that the BRB is limited I Find very troubling but I wasn't there When they set this thing up so they're Doing what it is they were told to do so I don't find fault in what they're doing And you have to understand what their Interest they were tracking the interest And I used the interest that they were
Tracking and backed into it so I reverse Engineered which is pretty well my Career so I reverse engineered what they Were doing and I came up with 95 billion And they agreed with me yeah it's pretty Close to 95 billion okay fine then I was Finally able to put the pieces together With that little piece of Information but you know my my point Though Mitch is like you shouldn't have To back into numbers to calculate how Much is owed we should just easily be Able to go on a website and it says the County that we live in here's how much Money all the residents owe well deeper Than that one yeah it's it's actually Deeper than that so if you take it down To a school district level and the School district has accountants and the Account accountants are licensed well if You the accountant aren't tracking this Because you're told not to track it and You don't move it forward onto a balance Sheet and you don't footnote it to a Balance sheet and you're not tracking The bond schedule I got news for you You're a co-conspirator and a criminal Conspiracy to Def fraud because to your Point Travis this information should be Readily accessible straight across the United States and matter of nanc because You should be able to pull up a taxing School District's entity any taxing Entity municipality anything here's the
Balance sheet that balance sheet should Have those bonds footnoted right here's The footnote here's the bond schedule Here's everything and yeah miraculously We can't seem to find it well and and The reason is is because yeah it's not Only our money that they're taking but Also they're using words and senses like This to get more debt and more bonds the Implicit guarantee of the taxpayers so If you're getting debt and you're Issuing money because you're Guaranteeing that debt to be paid by me The implicit guarantee of the taxpayer Then I have a right to know how much Money you're spending of mine and you Don't have a right to fire my colleagues You don't have a right to put pressure On the mom and pop stores that are uh 500 yards from my house that are trying To thrive you don't have a right to shut Them down what you need to shut down is You need to shut down your own people Because they're committing fraud Corruption there's no transparency There's no accountability and now what We're witnessing is the fall of Rome the De the debt and debauchery is what is Taking us down and Mitch my friend I'm Sorry I know I gotta I gotta explain This chart here but I'm sick and tired Of This and it is refreshing to to meet People like you man but let let me go
Over this okay this is only for Denton County this is a small County uh there's I don't know thousands and thousands of County around the US okay so this is Just Mitch's County and he has found That his County of Denton Has just one County this this is they Got 95 Billion in debt which is bonds bonds are Debt I want you guys to think about it a Little County out in Denton has $95 Billion in debt and they are not I Repeat they are not paying this down They are just piling more debt on top Top of that because they need more debt To service that debt guys do you hear me They need more bonds to pay for the Existing bonds that's bankruptcy that's Bankruptcy that that's a that's a Sinking ship you don't want to be a part Of that ship you let it sync it is Unrepairable we start again but they're Not doing that let me keep going okay so They got 95 billion in bonds Dent County Housing units they have 390,000 units That's a lot of units okay then uh Population's a million outstanding debt Per household 243,000 uh housing units as a percent of Population 38% let me scroll down here Um potential tax revenue okay so here we Go so here's your median value of owner Occupied housing about 377,000 you've Averaged the average tax right here
Property tax is 7500 uh potential total taxes is in Dan County is about three billion and I Believe you're showing this Mitch Because uh the total revenue is three Billion and yet the existing bonds are 95 billion right so so when it go ahead Yeah what you're going to get to is that The deficit is $3 billion you're short There go they have to raise that amount Of money and bonds to cover off the Deficit and it is the ultimate Definition of a Ponzi scheme this cannot Be paid this is $6 billion dollar that It would take just to service at a 6.42% So if that goes up it goes up it goes Down it goes down but it's it's written Out here so the math is here at 6.42% it Would Cost $6 billion to just service the $95 Billion of debt is is that correct sir Yes and what's the deficit three billion So it's getting worse it's getting worse Yeah it has to get worse because that's The math now you've made three different Colors here the first color is this red Color this is the rule of 72 the rule of 72 is basically what Mitch is trying to Do is explain what happens when you Don't pay down a debt when you don't Amortise it when you're not an adult When you want to act like a child the Rule of 72 means and roughly and this is Round about seven years so after seven
Years that debt doubles is that right Mitch yeah so in five years it goes from 243,000 to roughly 325,000 okay so this Is the average debt per household in Deon County based on the the today from The tax collector and assuming that it's Frozen time today which again just like On the federal side it is not it is Clicking by the second but you're saying After five years the Denton County Residents go from a debt of 243,000 all The way to 325,000 again this is the County these are teachers half these People probably don't even have kids That go to school and that assumes that They stop spending money like I said This is Frozen as of today if we just Freeze it today if we take the federal And we take the local all right and we Freeze it today which we can't freeze it Why can't we freeze it because they have To service it which means they need to Have more debt but if we are going to Live in the land of imagination and We're going to say all right they Decided today to pay the debt down they Decided today that they are not going to Get us in any more debt all right we're Going to stop the bad if they stop the Bat from happening Today each and every taxpayer that lives In Den county is responsible and on the Hook for 1.38 million in debt is that correct
Mitch yeah I'm going to bring up an Amortization schedule But again so they're they're going to Stop right so they had an epiphany uh Maybe someone came down from heaven say I'm gonna lead you guys out of here we Are still guys on the hook for 1.3 82 Million and why are we on the hook from That read this statement right here they Have the implicit Guarantee of the Taxpayers that's you and I did you guys Give them that guarantee if they're Asking for my guarantee if my school District where I'm at right now is Asking for my guarantee here's an Official statement I do not give you the Guarantee if anyone's trying to give you Bonds and saying I guarantee that I'm Going to tell you right now I do not Guarantee that I do not want it and I Want them to go bankrupt and not pay the Bonds back and what you're about to see Is a mathematical impossibility as to Why this cannot be paid back and why the Implicit guarantee there is no such Thing on the backs of the taxpayer I Have this amortization schedule up here Just to put this in perspective guys let Me show you an amortization schedule on That $1.38 million that you actually oh if You're listening to this you owe that Money all right so if we advertize this
Over 30 years uh at a 6.42% here's a 1.38 to a million it takes $3.1 million To pay that back the total amount of Interest just an interest on that 1.3 is 1.7 all right and to put this in Perspective out how impossible this is Okay this is how impossible that is and I want you guys to think about this if You have two taxpayers in your household This is double if you only have one Taxpayer meaning a uh you know a spouse Isn't working then you would have to pay Per month for 30 years 8,662 per month if they stopped right Now and in 30 years you guys would pay Your share and your responsibility of Their horrible spending Mitch hopefully We didn't overwhelm too many people Obviously being aware is step one one Right step two may be the action Obviously we have the petition we have The courses in the link I mean we've Developed a system to where if you guys Follow the system you're going to be Empowered straight up you guys are gonna Be able to conquer apathy but Mitch can You close this out can you wrap all this Up man can you tell the viewers what Your biggest fear is well coming back to What Powell was saying which when I said Blah blah blah that is exactly why it's Blah blah blah the truth of the matter Is you
Every person that's out there that isn't Real estate taxpayer that owns a house Are responsible for at least $9,000 per Month in the combined Federal and local Debt whatever those numbers happen to be The formulas are here for you to use so You just have to substitute your math Into here the issues that we see Across the United States at the Moment we are where we are we have to Deal with the hand we've been dealt so It's it's not a political ideology issue The reality is math matters your votes Matter your friends your family and Yourself matter regardless of what side Of the aisle you're on but you've got to Have a serious conversation and say wait A minute I do not have $9,000 a month Which is the vast majority of Americans To pay for this nonsense ER go I cannot Pay for it I am not responsible in law As quote an implicit guarantor there's No such thing it's all nonsense why I Said several videos ago this is Over however we have to deal with the Hand that we've been dealt right now We've got an election coming up um there Are imperfect people clearly on both Sides however look back at what has gone On in the last four years you have Health uh Health Care taxes people Yipping and yapping IE power that have No idea what they're doing and I've just Given you math quantifiable
That 23,000 employees inside of the Federal Reserve can't come up with I Want to know why why are we paying those Taxes so you've got economic issues the Point being that you have to make a Decision you cannot sit still anymore And say well I'm just going to let Somebody else handle this for me no this Is your life this is your family's life This is your friends and your neighbors Life you've got to take an active stance And if that means you go to the Das and Say want these people prosecuted as in The chief appraisers who are breaking The law that's the first line then you Have to stand up and fight at the ARB Level there's a whole bunch of triggers That we've given you things that can be Done to help break this system but this Isn't a system anymore this is morphed Into something that's Way Beyond and This is a crime this isn't a system so It's so far outside of the US Constitution and frankly even the State's constitutions the only word that Can describe it is a crime you cannot Sit there and be apathetic you've got to Get off your butt get involved with People in your neighborhood you don't Nobody's saying tackle it on your own But we're giving you all this Information it's all quantifiable we'll Give you the formul we'll give you Everything it's all available on the
Website we're hiding nothing from Anybody yet you have all these entities In the governments that are standing Still and saying well we don't know About this and we don't know about that Never heard that we don't know how to Tie bonds to the uh to the balance sheet We haven't done that 10 years well yeah There in lies the problem you're either Delusional or you're stupid but either Way you don't have the right to strip Mom and pop of their Equity to the tune Of $9,000 a month yeah I mean they're Firing people instead instead of Changing the way that they're spending And changing the way that they're paying Debt down they're just firing people uh They're going to allow a recession That's going to hurt a most of the Recession is going to hurt mom and pop And then the people at the bottom it's Just a cycle Mitch it just it keeps Going going and going it's just like the Greedy corrupt fraud and and all this Stuff it gets so bad that boom recession The people on the bottom get hurt and Then boom we're right back in the cycle As I've just proven to you you don't Have $9,000 a month nobody does to give And cover off these debts it's Mathematically impossible so the idea That they can magnify this problem going Into the future is complete nonsense you Will have a greater depression you will
Have the market wake up and when they Figure out what I have already given to You and shown you all hell's going to Break loose because it's mathematically Impossible not improbable impossible Right when Jerome Powell says well we Don't really want your wages to jump so Much that's the exact opposite of what I Just gave you it's $9,000 a month is What you're responsible for that income Where exactly is it gonna come from That's So Good Mitch because what you Just did I just realized This you know how we're always talking About like they're robbing us of Generational wealth and we should be Thriving you just put it on paper you Figured out the math formula if it Wasn't for the fraud and Corruption we Should be on average making $99,000 more A month per Household it goes everywhere right be Because the inflation like the thing That we did with the milk was as far as I'm concerned fantastic because that Shows you how many layers of fraud IE Through the real estate tax are Occurring every time you put a glass of Milk to your lips think it through you Wouldn't have to be paying all these Heavy prices same thing with with Gasoline tax Right because everything has to do with Gasoline it's got buildings associated
With it it's got land associated with it It's got plants associated with it if You didn't have those taxes there on the Real estate look at how much cheaper the Fuel would Be so this series of videos that we've Put together every video as far as I'm Concerned has got another layer of that Onion peeled yeah but we're getting to The point now when you can literally Stand up and quantify wait a minute I'm Not responsible for this $9,000 screw You you have to deliver on the screw you Part you've got to go and start Prosecuting uh your Chief appraisers you Got to go to the Das you can file Criminal complaints with the police you Can do all sorts of things but you Simply can't sit there anymore and say Well I didn't know now you have Knowledge every one of us has Knowledge and in total you got to Realize you we're 143 million strong What do they got Deb and debauchery is What they have sir yeah I'm GNA end here Mitch you know just for the viewers I Want to tell you guys something I think It's really important important that Yall understand you're not alone does it Feel like it yeah it feels like it Because of the way everything is set up Uh the division that's created the lack Of unity and the apathy but I got to Tell you guys like that's the biggest
Lie in the world where the reality is is We're actually not alone I ask myself a Lot Mitch is what can I give back right Not what can Society give to me like What can I give to society and I think That the more people ask that like what Can I give to my community I think that I think that breeds happiness I think it Breeds confidence I don't know but I do Know that if you're a viewer and you're Struggling and you feel like you can't Do anything and that there's no hope That is wrong um that is the elites that Is the media that programmed your head That is just your feelings you are not Alone and you do have the power uh to Change the way that things are but we Can't do that alone and so again you Know Mitch and I have that have a Platform the petition we have the Courses uh take us up on that uh it Doesn't cost you anything it cost you no Money you guys come on man you know take Us up on that you know some people Actually say that if I charge more People would take the course uh and I'm Like I don't care because I want Carri To take it I want Carrie to take it Everything I'm I'm doing I'm thinking About Carrie the single mother that had To get a second job to pay for her Property taxes uh and and so you know That's that's who we're helping I hope You guys uh join us on this Mission and
Uh Mitch as always sir I always Appreciate you you guys don't forget Mitch's contact information is in the Description as is the petition take 10 Seconds and sign that uh and then under Those two things is the course link if You guys want to learn how Property Tax Works and how to fight it and in Addition to that guys we will have a Link to the data in this video Mitch's Uh Excel spreadsheets will be in that Link everything is for you guys Mitch I Missed you yesterday man yeah got one Other thing I want everybody to Understand something math matters and This what we're talking about here in This video with that math is a Non-partisan issue I really don't give It what side of the aisle you're on at This point your friends and your family Are being ripped off and that is going To rip you off and therefore this is a Nonpartisan issue the bottom line is This debt as far as piling on is over Wise words from a wise man I really hope You guys got some overwhelming value Inside some perspective and if you're Out there just living your life you guys Know we wish you luck and we hope you Win
