1:45. Do you remember the Kavanaugh hearings? What you don't remember is that during the Kavanaugh hearings, the White House, the Senate, the House, Republican and Democrat all of them together, instituted, issued an Administrative policy called Federal Accounting Standards Advisory Board statement 56. And what that policy said is "As a matter of administrative policy, we do not have to obey constitutional provisions related to financial budgeting and disclosure; we do not have to obey the laws, and we do not have to obey the regulations. What we can do is appoint a secret group of people by a secret process to move money out of the financial disclosures of the United States and 150, so it's the 24 cover agencies plus approximately 150 governmental entities and when you throw in the classification laws and the National Security laws it also applies to the big banks and contractors working for the US government. Let me explain what this means as a matter of investment. When I look at the US large cap stock market or the US bond market the treasury market I have no Financial disclosure that has any meaning. Everything is secret. I have no idea what it means. If I pick up the financials of a New York fed member bank that is running the US Treasury department's bank accounts, or if I pick up the treasury financial statements, they're meaningless. They don't mean anything.
3:37. What's missing?
3:38. You can't know all you can know is a secret group of people can move whatever make whatever they want go missing and you can't know what it is it's all secret. So I'm looking at half the cake, but I don't know what part of the cake is missing. So it's meaningless.
3:58. You don't even know if it is half.
3:59. Right. It has reached a level of absurdity. The absurd thing is as a legal matter to take the position that an administrative policy agreed upon by the Uniparty can overrule the Constitution, can overrule the laws, and can overrule the regulations simply by fiat, you wave the wand and suddenly, magically the law doesn't matter.
