Episode 160

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Published on:

16th Jan 2026

Why Did the US Invade Venezuela for Oil in 2026 While Debt Hits $38T? (Full)

Jerremy Alexander Newsome and Dave Conley cut through the noise on 2026's big moves: the U.S. military strikes that captured Maduro in Venezuela, openly tied to oil control. They tie it straight to exploding debt past $38 trillion, defense budgets eating everything, and fraud ripping through state social services. Stock risks, inflation tricks, entitlement cracks—it's all connected. No spin, just the costs stacking up.

Timestamps:

  1. (00:00) 2026 opens with chaos – world spinning faster than ever
  2. (01:19) US strikes Venezuela – Maduro captured, oil fields targeted
  3. (02:27) Foreign policy back to intervention – pattern repeats with new targets
  4. (10:32) Oil drives the action – explicit motive in Venezuela operation
  5. (26:30) Debt crosses $38 trillion – government spending fuels endless cycle
  6. (29:39) Fraud scandals hit state programs – billions lost in social services
  7. (34:15) Entitlements under pressure – systems vulnerable and cracking
  8. (45:40) Real costs mount – foreign moves drain domestic resources

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Transcript
Dave:

And here we go.

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Jerremy: Welcome back fans.

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It's 2026.

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Dave Conley and myself are back in the

proverbial building of greatness where

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we are collaborating, co-creating,

and solving America's problems

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through discussions, conversations,

information, and dedication.

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Thrilled to be here.

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Dave, A lot has happened since we

took a quick little December hiatus

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to be with our family and to travel

and to do all the fun things.

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What's the most unique thing we

should catch all of our listeners

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up on for a current event update?

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Dave: Wow.

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Most unique feels like God.

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It feels like we're in

the matrix every day.

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Jerremy: Yeah.

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Dave: I don't know when reality

started to slip away, like it just,

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it's feeling a little bit like

we're right in the middle of it.

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In my life I did not expect.

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I don't know.

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Where do you start?

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Maybe you start with we seem

to be declaring wars on like

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a whole bunch of nations.

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I dunno, war, kinetic extraordinary

renditions, screwing people up.

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What would you call it

between Venezuela and Canada?

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Jerremy: I think Venezuela's

a fun place to start.

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January 3rd we just plucked blip.

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Dave: yeah.

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Screw their shit up.

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Yeah.

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Hey, Maduro, you and your

wife, hop in the back.

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Come on.

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Come on.

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Jerremy: outta here.

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Yeah, I didn't see a bunch

of photos of his wife though.

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I don't know if this is a, but on Twitter,

like you, you saw all the photos of Maduro

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and you just didn't really see any of

his wife for whatever particular reason.

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I don't know why they didn't care

or show, but I think maybe just as a

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unique twist, the human part of us.

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Doesn't want to see a man and his

wife get plucked out of their bedroom

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at three in the morning, right?

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Illegally and taken to an

entirely different nation

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Dave: a little weird, right?

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Jerremy: the country.

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Didn't want to see a husband and a wife

from a sovereign nation just plucked

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out their bedroom, but just a husband.

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Dave: you wanna go see, try square today.

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Hey, how about we go out a,

on a tourist Staten Island?

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Come on.

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In the back.

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Oh, I don't know, man.

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Jerremy: Very interesting.

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Dave: Where do you I don't know

where you start on this one.

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We got this, we got saber rattling,

like legit, like the president of the

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United States most, at least most.

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Powerful person we know about is saying,

Hey, Mexico, get your shit together.

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Columbia get your shit together?

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Huh.

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Argentina, whatever, Iran,

we're coming for you.

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I dunno, man.

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I, a Greenland.

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Hey Greenland.

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Come on you you're ours now.

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I don't know.

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It seems like all of these places will

give us exactly what we want and we

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don't need to be dropping bombs on 'em.

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We don't need to be sending our guys

and gals from special forces there.

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There's a little bit of a

sanctity of human life here.

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Like we just keep on killing people and

being like, okay, we're getting our way.

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We don't win any hearts and minds

by putting bullets in foreheads.

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I think there's a crassness that

has come about, like humanity and

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how we're dealing with the world.

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I don't know.

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I want to be respected, not feared.

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I'm traveling right now.

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I wanna tell people I'm Canadian, what?

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What's going on?

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Are you guys okay?

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We like, we're like, we're asked.

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It's Hey, you guys okay?

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And I'm like, I don't know.

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What do you, what's your thinking

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Jerremy: think I'm okay.

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Dave: Yeah, I know, like we're not.

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We're not declaring any wars.

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The Congress is just yeah, whatever.

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You can keep doing what you're doing.

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I don't know how we're

paying for any of this.

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This stuff's super expensive and

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Jerremy: You're paying for it.

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Dave: Yeah,

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Jerremy: yeah.

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Every single one of our listeners

most likely is paying for this.

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That's the defense budget.

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And the president's asking for more.

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There's most likely a way to

do this from a level of respect

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and admiration versus fear.

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And I do believe that a lot of

individuals right now that voted for

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Trump are probably just turning maybe

a little bit of a blind eye to the fact

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that he is really doing and playing

the Bully Card a lot right now, and

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the Bully Card, and to the extent of.

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We are doing use whatever, I guess

term you want, we're doing war type

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of activities and most Republicans

are like, nah, we're, it's okay.

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Dave: A police action.

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Jerremy: It's, like we're

taking out cartel members.

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It's not really war like we're just,

we're stopping drug people and.

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Most of the Republicans that

voted for Trump did vote for Trump

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because they wanted, just from

my conversations with 'em, they

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wanted the Epstein files released.

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They wanted tighter borders,

and they wanted peace.

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They didn't want war.

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And that's really what we're,

that's what we're getting.

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Like we are getting war

like it's happening.

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And this is term year one,

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Dave: Seven countries.

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Jerremy: A long way to go.

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Yeah.

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Kind of a long way to go and it's

been pretty bombastic so far.

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Dave: How do you gauge, like

the right wing punditry.

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Being like cheerleaders for this.

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It feels like a 180.

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I did a scan of Chuckle Carlson

and Megan Kelly, and they're,

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they are not down for this.

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They're like, what?

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What?

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You know what?

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No it doesn't seem very America first

when we're I dunno, what do you call it?

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Like international interventions.

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Ah, yeah.

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Like there, so maybe there's a schism

in over in the right wing, which is like

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whatever, there's not supposed to be like

a unified response on the left and the

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right, but I think it's pretty clear that

this seems 180 from what I heard, right?

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Like it was gonna be peaced on day one.

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And, Gaza's fixed and Ukraine's fixed and

peace President and Nobel Peace Prize.

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And yet.

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Then it's no, this is peace through

strength and it's the Don Road doctrine.

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And I'm like, man, I don't, and 1.5

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trillion, 1.5

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trillion.

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I can't even fathom.

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I can't even fathom a billion.

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I asked Grok and Chad GPT, it's like

how many $100 bills that would be?

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And it said, Hey, you

know the size of a house?

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And I'm like, yeah, I do.

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And he was like yeah,

that's a trillion dollars.

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And I'm like, what?

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Yeah, if you stacked a hundred dollars

bills, it's it's the size of a house.

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And I'm like, wow.

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Jerremy: Yeah, a large house

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Dave: Yeah.

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It's no kidding.

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Jerremy: of five.

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Dave: Like a billion will

fill up your living room.

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Like a good sized living room.

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A trillion is an entire house, like 30.

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How much debt do we

have going on right now?

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We did the story on that last year.

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It's more whatever.

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It's,

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Jerremy: Yep.

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It is continually increasing.

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Dave: so what do you think, how does the

right wing, at least like the punditry

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class, how do they square this circle?

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Jerremy: They're squaring it.

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They're forcing the, the square peg

in the round hole by saying, we are

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keeping our borders safe by going

out so far as to make sure that drugs

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aren't coming into the US because

fentanyl deaths are down and we are.

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Waging protective measures

against foreign invaders.

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That's kinda like the play here.

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It's like we're making

sure everyone is safe.

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Like they're forgetting that we should

not be the global police system.

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And that's not really.

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What I voted for.

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And that is what is happening, right?

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Like we are doing it again, like

the Republican approach of, alright,

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we're policing the entire world.

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We're gonna take care of everything.

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We're gonna fix everything.

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We're gonna have the Americans pay for it.

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We're gonna go into more debt, and we're

gonna make sure that we are in the butt

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crack of all the problems of everyone

else, and we're gonna be right there.

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And Americans enjoy it.

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We're gonna, you're gonna pay for it.

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And, I mean that's

exactly what's happening.

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Dave: Cuba's next for sure.

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That's like on the hit list.

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It's a Miami controlled

government right now.

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Like they are, they were

thrilled with Venezuela.

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I actually got into a bit of a.

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Animated discussion on a plane with

a, with an American Venezuelan.

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And we were having like the greatest

conversation we'd actually both been

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upgraded to first class on the flight.

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Like it was one of those things

where our status kicked in because

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we were on American Airlines

and Miami's a big hub, right?

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Flying outta Miami.

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And so we were sitting next to

each other and we were having the

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greatest time we were talking about

the event we had just been at.

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And then like his business it was all

smiles and then Venezuela comes up

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and I'm like, oh, it didn't go well.

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It suddenly turned sour.

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Like it was an uncomfortable rest

of the flight when I was like,

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look, I'm not paying for it.

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I'm not down.

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I, this is gonna be unpopular and I

will probably find this clipped and

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thrown in my face in the future, but

I feel like that there is nothing

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that could happen in the United States

that would make me leave my country.

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And then to think about leaving

my country and then asking another

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country to go fix my country with

troops and bombs and overthrows and.

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I don't know.

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That, that seems super not good to me.

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And it's Cuba, like that's the

Miami, I live in Miami it's full of

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Cubans that really want to see the

United States, keep this iron fist on

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Cuba and to go and fix it for them.

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And we've been trying to fix countries

my entire life and hasn't worked out yet.

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And I wanna see an example of fixing

countries this way that actually

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works because it hasn't, and that,

what's that definition of madness?

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It's like you keep on doing

stupid stuff and expecting a

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different result, I don't know.

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So what's next?

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What's happening beside Greenland?

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Why is Greenland back?

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Like why are we talking to

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Jerremy: Here's what's incredible.

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I will, I'll say this for Trump and

it's hard for me to defend the dude.

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It is tough.

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Dave: Yeah.

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Steal man.

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This

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Jerremy: doing my

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Dave: D Defend.

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Yeah.

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Try and defend this.

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Jerremy: All right.

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You ready for me to try?

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Dave: Yeah, go.

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Yeah.

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Jerremy: on.

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For all of our esteemed listeners, Dave

is holding a gun to my head right now.

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He is in the camera, he is pointing

a proverbial weapon going, fix

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Dave: I get you.

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You do.

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To fix this

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Jerremy: oil.

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He said outright and upfront.

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At least he's telling us.

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At least he's telling us, dude, like Trump

is telling us we're doing this for oil.

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That's why we're doing Venezuela.

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He goes, guys, I'm gonna make myself the

incumbent president of another sovereign

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nation after we yank out the husband

and the wife while they're sleeping.

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And now I'm gonna be the

president, by the way.

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Enjoy Venezuela and they have the

largest oil reserve and we wanna

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make sure that Russia doesn't

get it and China doesn't get it.

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So for Russia and China not

to get it, we're gonna get it.

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And that's gonna cause

oil prices to go down.

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Now you spend less dollars at the pump

and the economy's gonna be better.

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Almost, that's almost a verbatim statement

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Dave: And that's nuts.

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Jerremy: when Bush was

invading the Middle East.

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Dave: At least he lied to us.

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Jerremy: over it

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Dave: he is like

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Jerremy: He lied to us, right?

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And so we're like, oh.

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And

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Dave: lie to me before you screw me.

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Jerremy: There is no lying going on, dude.

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And so Greenland's the same thing as they

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have oil reserves,

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Dave: No they don't.

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Jerremy: oil, it's more of an oil play.

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Like he's literally telling

us, dude, he told us this.

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There's a lot of oil there.

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Russia's fighting over it.

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China's fighting over it like

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Dave: No.

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I look here's No, I'm

just like hard No on this.

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This is not defensible.

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Venezuelan oil is bullshit.

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Yeah, they have huge oil

reserves, but it's like this

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thick, tar, gross stuff, right?

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Like it needs to be super refined.

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It's great if you wanna pave

roads and frankly, I, don't care.

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But it needs to be like super refined

in order for it to actually begin.

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Look, the United States doesn't need oil.

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I know it's drill baby, but

like we are energy independent.

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We are a net exporter of oil and

refined, natural gas and gas products.

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Like we don't need it.

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We need more oil.

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Like we need a hole in the head, right?

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It's just like we're swimming in it.

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We are exporting it all over the planet.

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So that we need more.

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Come on.

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That's just bullshit.

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It's like it's, he can tell us it's about

oil, but it's crappy oil and there's

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nothing there that's actually working.

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Like they haven't touched their oil

facilities in decades because they've

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been run, they've run it into the ground.

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I don't know, man.

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It's not that in Greenland.

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Greenland doesn't have any fucking oil.

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It's under an ice cap.

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Not a glacier, an ice cap,

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Jerremy: drill, baby drill.

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It's in there somewhere.

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Dave: to what?

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Jerremy: something.

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It's,

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Dave: Into what?

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They've never done.

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They've never done any exploration there.

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We don't need the oil.

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Jerremy: We got plenty.

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We have plenty, but hey, having

more of something is Trump's

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number one motive, dude.

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He wants more money, he wants more

land, he wants more real estate.

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He wants more power and he wants more oil.

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And so that's exactly what's happening.

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And he's telling us, and

I'm not happy with it.

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I don't know if I mentioned that part.

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Not pleased with it at all.

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I'm just saying that is, that's

his operation manual right now is

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let's get oil prices down because

that's gonna fix the economy

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Dave: Is that why we're

flirting with Iran too.

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We want their oil.

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Jerremy: Yes.

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Dave: think so?

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Yeah like it's oil everywhere.

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Iran, certainly the Israelis would

benefit because they want, they've

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wanted Iran for 20, 30 years or more.

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So they want that a broken state.

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So they're all for it.

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I get it.

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Like they want to be the coolest

kids on the block and they want

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everybody to be crippled around them.

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So that's why you get Gaza.

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That's why you got Jordan.

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That's why you get Syria.

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That's why you get Libya.

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They're all failed states and they

can't mount any problems with Israel.

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And that's the way Israelis like it.

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And I know it's a tough neighborhood

and they want everybody bleeding.

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I hear you.

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I get it.

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I don't like it, but I get it.

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So they want that with Iran too,

so they're gonna benefit and

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they want, we want their oil.

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What about the Saudis?

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We seem to be buddy with them.

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Are we inviting like we got

a bunch of troops there?

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So is, are we just leaving them

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MBS is okay.

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Or what Sudan are they

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Jerremy: we have some type of oil?

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Could we have some type

of oil deal with him?

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If I had to assume,

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Dave: It's all oil.

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How do I get my oil dividend from

screwing up Libya and screwing up Iraq?

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Like we did that over the last 25 years.

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Why am I paying anything for

my delicious, bubble and crude.

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Jerremy: Yeah.

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And not only that too, but if you notice

it's really not significantly less

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like the price of what we're spending.

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It's not, I don't notice it.

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In fact, oil gas prices are higher,

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Dave: Are they

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Jerremy: right?

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The cost of living is higher

across the last two years.

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Like it's not, it's not

dramatic across the country.

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It's not wildly noticeable anywhere.

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I don't believe it, it is,

it's quite interesting.

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But that's what's going on right

now with the current events.

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It really is that direction and

everywhere I look like that's just

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what it seems like or feels like.

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And back to the entire thesis of what.

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You and I and many people that come on

this podcast keep bringing up, is that

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we really just don't turn the microscope

or the spotlight back to the us.

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Trump isn't specifically saying,

Hey, let's just go fix all the

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problems are wrong in this country.

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Dave: Anything.

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Name

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Jerremy: it.

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Dave: I, one I would take one.

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Jerremy: yeah.

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Dave: One, give me one thing

that I can hang my hat on.

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It's not health, yeah.

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We got, Bobby Kennedy

trying to fix some things.

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Jerremy: We got the food Pyramid dog.

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That food pyramid turned upside down.

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Dave: Cartman called it.

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Did you see the South Park?

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You know how they say what

is it that predicts all the

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future that predicted Trump?

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Was that what cartoon was that?

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Yeah, the Simpsons predicted Trump, right?

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Cartman predicted the food pyramid 2014.

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Yeah, they turned it upside down.

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Jerremy: Pretty rad

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dude.

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Dave: But, healthcare is

still sky high, right?

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Everybody got hit with

a huge tax, huge bill.

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My healthcare went up.

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I don't know about yours,

but, it's something.

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It's not getting cheaper.

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People are getting sicker.

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Food's expensive.

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Everything's the same old with

everything from, it's same Biden,

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it's Rerun of Biden, right?

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Everything got more expensive and

everything's getting more expensive.

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Here it is, it's expensive

and you'll like it.

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Jerremy: Yeah.

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Dave: What should, how about this?

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you know what I heard during the campaign?

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The Harris campaign, I

didn't hear anything there.

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It was like legalized weed and

crypto, and it turns out that's

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exactly, Trump's playbook, it

was legalized weed and crypto.

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So they did exactly the same, like

they ran on the same thing basically,

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Except for the immigration.

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Weed and crypto.

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I was listening to Elizabeth

Warren yesterday and she

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said, yeah I talked to Trump.

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And everybody's what?

422

:

It was like that sound

that only dogs can hear.

423

:

It's like you and Trump

talked and she was like yeah.

424

:

We talked, I.

425

:

I was like what did you guys talk about?

426

:

And did he call you names?

427

:

And she was like no.

428

:

Didn't call me any names.

429

:

But I'm sure I show up in

his phone in a certain way.

430

:

I'm like yeah, we're pretty sure

the Pocahontas comes up somehow.

431

:

And one of them was, credit card, caping

credit cards and there's a bill that

432

:

was passed in Senate and it's been

sitting in the house and Mike Johnson

433

:

won't even bring it up for a vote.

434

:

Evidently the banking industry is

they're lobbying harder on this than

435

:

anything else that they've ever lobbied.

436

:

But Trump comes out and says, yeah, we

should cap credit card to 10% for a year.

437

:

Sounds good.

438

:

I'll take an election, a midterm

election pitch like that,

439

:

that sounds pretty good to me.

440

:

what do you think would happen with that

one, Oh, she also said that they talked

441

:

about housing, affordable housing, and

Trump was like, yeah, I want to do an

442

:

executive order on preventing private

equity like Blackstone from buying

443

:

up all sorts of single family homes.

444

:

And I'm like, okay, that sounds good too.

445

:

But, to actually lower the price of

things, it had to have been like a full

446

:

court government press starting last year.

447

:

I don't know what he could

possibly do this year except for

448

:

juice, the economy with lower.

449

:

Interest rates.

450

:

Like he that's, isn't that why

he is all over Powell, right?

451

:

Since day one he's lower the rates,

452

:

And now I want to indict him or whatever.

453

:

Whatever they're doing with

Powell, I don't get it.

454

:

But he wants cheap money.

455

:

He wants to cap credit and stop

Blackstone from is any of this

456

:

real or is it just like chitchat?

457

:

Jerremy: That it, it is

real like they're trying.

458

:

And I do think that's a

very interesting approach.

459

:

And I don't know, again, I can

see how it's trying to help.

460

:

The challenge is with BlackRock is it

has been attempted before and it has

461

:

failed So BlackRock, for example, right?

462

:

They had earnings last night and

they still did $7 billion last

463

:

quarter four, and the stock is

up five point a half percent.

464

:

And they did go down 3% the day

that Trump was like, BlackRock

465

:

can't buy single family housing

anymore, and now they're up.

466

:

Since that announcement that

stock went from:

467

:

1,150.

468

:

So it's essentially up a hundred points

or 8% since Trump made that announcement.

469

:

That to me says that this is

a 40 chess game again, right?

470

:

Very similar to when Elon and

Trump were fighting back and

471

:

forth, and the stock went down 25%.

472

:

I was telling everyone, guys,

this is just theater, right?

473

:

Like they want Tesla stock to

go down so that all of Trump's

474

:

buddies and everyone can buy it.

475

:

And they can make a

bunch of money from it.

476

:

And that's exactly what happened.

477

:

Tesla's up a hundred percent since that

argument between the two on Twitter.

478

:

Dave: Yeah.

479

:

Jerremy: So I think that's

what this is, right?

480

:

Like they're announcing certain cuts and

those cuts are gonna affect the stock

481

:

price initially, but it's not really

actually ever gonna come into fruition.

482

:

And then they're just gonna buy

the companies that got negatively

483

:

impacted from the news and then

those stocks are gonna go higher.

484

:

So like Visa, right?

485

:

Visa, MasterCard, oh, we're gonna

get paid less interest from this.

486

:

Decrease in max penalty of interest

rates, and they went down, and

487

:

then it's gonna be like, oh no,

we're not gonna be able to do that.

488

:

I cannot enforce how private

companies run their businesses and

489

:

then the stocks are gonna go back up.

490

:

So I think it's just theater right now

to legally manipulate stock price so that

491

:

Trump's buddies can make a bunch of money.

492

:

Dave: So none of it's actually gonna

493

:

Jerremy: hat, but.

494

:

No, I don't think so.

495

:

And if it does happen,

it's not gonna work.

496

:

Dave: Yeah, I know we

have a lot of headwinds.

497

:

he wants cheaper money.

498

:

You've said it a billion times.

499

:

He's a real estate guy.

500

:

He always wants cheap money.

501

:

There's artificial.

502

:

Inflation on electricity because they're

throwing down so many AI data centers.

503

:

We have artificial inflation

on materials for housing and

504

:

manufacturing because of the tariffs.

505

:

We have artificial inflation on labor

because of immigration, enforcement,

506

:

and then he wants cheaper money.

507

:

All of this is just like

debasement of the dollar, right?

508

:

And more and more inflation.

509

:

And then let's inflate our way out of it.

510

:

On top of that, it's just reckless

spending by government, like we

511

:

are at pandemic levels plus, and

there's no appetite to cut any of it.

512

:

I don't know.

513

:

I hate to give my libertarian

friends their flowers, but.

514

:

want to get on the end, the fed train,

515

:

Jerremy: yeah.

516

:

Dave: Okay, so you tell me

like, this is your expertise.

517

:

The CBO said record debt, right?

518

:

600 billion into the deficit.

519

:

Just first quarter jobs were soft, right?

520

:

Gold and silver at all time highs.

521

:

Markets are just AI fueled fire.

522

:

Did you hear this?

523

:

Gambling has surged to become

the second largest growth

524

:

sector in the United States.

525

:

The first one is AI data centers.

526

:

What?

527

:

What the hell?

528

:

None of this is real, man.

529

:

Jerremy: Yeah.

530

:

Yeah, that's exactly correct.

531

:

So that's the very, very, scary slash

interesting slash like, oh my goodness.

532

:

Like all the things you just

mentioned are 100% accurate, right?

533

:

Whereas gambling is now kinda

like the biggest growing industry.

534

:

And I mentioned that kind of probably

five or six podcasts ago Predictive

535

:

Markets is like now the leading, the

new leading approach where it's like

536

:

you can essentially bet on anything.

537

:

And it's totally legal in all states.

538

:

And it's kinda like the wild west of how

to grow your capital through betting.

539

:

That's what it is, right?

540

:

Predictive markets is betting,

it's gambling in the finest form.

541

:

Yeah, absolutely gambling

in the finest fashion.

542

:

And there is something under the hood

that is broken, and I don't know what

543

:

it is yet, but I will say this, that.

544

:

Whenever the next actual market crash

happens, the last time it occurred,

545

:

you had a lot of companies go bankrupt.

546

:

The next time it occurs, you're gonna

have countries that go bankrupt.

547

:

And It's not an if.

548

:

It's more of a That is the

cycles of how markets happen.

549

:

As markets go up, markets go down,

and it really to me feels like

550

:

this is being set up for a big

game of hot potato, of whoever gets

551

:

this and inherits this problem.

552

:

Is gonna have a real tough time.

553

:

Real tough time.

554

:

Navigating it.

555

:

And so it's gonna ha I don't know

what, which president's gonna be

556

:

or which time it's gonna be, but

557

:

The precipitous drop that will

happen at some point in the near

558

:

future with the markets is gonna be.

559

:

Magnificently large and scary and

terrifying for those who don't know

560

:

what to do because ultimately we're

too high on too many asset classes.

561

:

And right now we're in a

little bit of an asset bubble.

562

:

And what I mean by asset bubble is

that almost everything is at the

563

:

highest price of all time, right?

564

:

Gold, silver stocks,

essentially Bitcoin and housing.

565

:

So it's like, what do people buy?

566

:

What are people buying?

567

:

And the unfortunate news is you have

to continually buy assets that are

568

:

at all time highs to hope that it

continues to go higher, which is

569

:

a really tough position to be in.

570

:

And that's really the only way to

outrun the issue, is to just kinda

571

:

like out inflate the inflation.

572

:

And to do that, people are turning to

gambling, they are turning to betting, and

573

:

they're turning to things that are gonna

be relatively and slightly challenging to.

574

:

To do long term, and it's

gonna cause some issues.

575

:

So the science behind all of this

is we are in a period right now

576

:

of really strong growth and the

growth, hopefully outpaces where the

577

:

decline will be in the near future.

578

:

And what I mean by that is if

someone, right now, let's just

579

:

say has 10,000 and the next three

years, that 10,000 turns into 20.

580

:

My hope is if that, when the

market has a pretty nice, pretty

581

:

large, terrifying crash, I hope

that 20 doesn't turn back into 10.

582

:

I hope it goes like to 13 or 11.

583

:

So there's still net up, something, and

then they can ride that cycle back up

584

:

with new money and then that'll be a

really prosperous time in this nation.

585

:

But right now it is,

it's a little terrifying.

586

:

It's a little scary because there's

a lot of things going on and I don't

587

:

know what it is under the hood that's

broken, or if it's just at this stage,

588

:

pure perpetual greed that's gonna lead

the market to go higher ultimately.

589

:

and then we face that 1929, call it

:

590

:

against their houses and they're selling

their cars and they're doing everything

591

:

they can to participate in the market.

592

:

When it's too late and too high and

then you have a nice correction.

593

:

And that's unfortunate, but very likely.

594

:

Dave: So what are there any

canaries in the coal mine?

595

:

2008 was a hundred percent predictable

and the people who were screaming

596

:

about it were screaming about the

housing market like years before.

597

:

and then suddenly it was here.

598

:

Something that had been growing

for a decade was finally there.

599

:

you and I were there, when that happened.

600

:

It was a surprise when it happened, but

it wasn't a surprise that it happened.

601

:

With the.com

602

:

bubble.

603

:

I was making money and I had just

entered the workforce and it felt

604

:

like we were just printing gold and

using stock in order to buy things.

605

:

I think that's exactly what, Nvidia

and all these AI companies are doing.

606

:

They're just taking their stock and

plowing it into other companies.

607

:

None of it's real.

608

:

You're just bicycling, fake money around.

609

:

But it was pretty obvious that, this

was a problem, the bubble broke before

610

:

nine 11, It was pretty obvious because

everything was, billions of, multiples.

611

:

Higher than reality.

612

:

There was no math that would ever

make it happen and you were just

613

:

waiting for the music to stop it

was obvious then and it was obvious.

614

:

up to 2008, right now,

everything seems inflated.

615

:

Nobody is sitting around

saying, Hey, everything's fine.

616

:

Jerremy: that's the canary

in the coal mine, man.

617

:

It's like everything is very high, very

inflated, and Everyone, once everyone

618

:

starts feeling really good, this is so

easy and this is so simple, and they

619

:

borrow money to go buy assets, which I

think we're pretty close to that actually.

620

:

There needs to be something.

621

:

There'll be another one during

Trump's presidency, by the way.

622

:

And he's got three more years

and we already had one, right?

623

:

The April crash of last year

during tariffs, market we're

624

:

down 20 ish plus percent.

625

:

And that'll happen again.

626

:

There'll be something like that, and

I've talked about that occurring.

627

:

But yeah, man, it is, there's

something really weird under the hood.

628

:

And so the canary in the coal

mine is every single thing is

629

:

the highest price of all time.

630

:

And there's no real discounts.

631

:

There's no real deals, there's

no real true opportunities.

632

:

And it's we're in an asset bubble

and everything's just going higher

633

:

There's gonna the way to be smart about

all of this right now is to study and to

634

:

spend time understanding how can someone

take advantage of declining prices in real

635

:

estate and stocks and gold, silver, right?

636

:

It's like, how can someone be.

637

:

On the selling side, how can someone be

in a position where you just understand?

638

:

Doesn't mean you have to do it,

but at least you understand how and

639

:

why and where and when, that you

can at least participate in some

640

:

type of correction that is coming.

641

:

And it's not even a negative where

it just needs to happen because you

642

:

can't have asset prices on everything.

643

:

The highest prices, they've been

across the board everywhere.

644

:

Without some level of like, all

right, the canary in the coal mine,

645

:

so the coal mine is closed now.

646

:

the coal has run out.

647

:

Let's go

648

:

Dave: more canaries.

649

:

Jerremy: something else out.

650

:

Yeah.

651

:

Dave: All the canaries.

652

:

Jerremy: is, it's really fascinating

stuff going on right now.

653

:

For sure.

654

:

Yeah.

655

:

Dave: All right.

656

:

Domestically, we got

ice, I think figuratively

657

:

Jerremy: domestically, we

got all kinds of things.

658

:

Dave: Oh,

659

:

Jerremy: Yeah, Minnesota, dude,

Minnesota, what a wild, like Tim Waltz

660

:

was a shoe in for Governor of Minnesota

661

:

Dave: now, right?

662

:

Jerremy: and he's a toast

dude, toast demoralized.

663

:

Bro cannot come back from

that media storm at all.

664

:

Dave: And.

665

:

Jerremy: Because now you're talking

about how much fraud not only

666

:

exists there, but in the country.

667

:

and forgive me for not looking it up right

this exact second, but I believe it was

668

:

Nick Shirley random bro wearing a hoodie.

669

:

YouTuber came out and created probably

one of the best investigative journal

670

:

pieces Of this century into a fraudulent

activity that the government was just

671

:

writing blind blank checks for, and found

hundreds of billions of dollars of just

672

:

a spent money for no particular reason

that we can totally put our finger on The

673

:

citizens and the individuals that live

in that state, the pensions, like people

674

:

are paying for and they're not getting,

they're not getting anything for it.

675

:

It's not even, they're not

getting what they wanted.

676

:

They're not getting anything for it.

677

:

It's the exact opposite

of what they wanted.

678

:

And it's a really big problem

very large scale issue.

679

:

And it got swept under

the rug in a big way.

680

:

And no one is seeming to care.

681

:

And that's.

682

:

I shouldn't say no one's seemed to care.

683

:

They're definitely caring.

684

:

They didn't care up until this point.

685

:

But with that information that's coming

out about the Somali daycares and learning

686

:

institutions and colleges and student

work, remote work villages and all

687

:

these things that were being sponsored

by the Minnesota government, by the

688

:

state government there, that's a sham.

689

:

Was a really big I guess

issue is the best word.

690

:

It was just something

that was absolutely there.

691

:

It is a huge issue.

692

:

And that's gonna starting to wake

people up a little bit to Hey, we

693

:

can, and we should start peeling

that curtain back and start peering

694

:

into it a little bit more and really

understanding what's going on because.

695

:

Is that the only state where

this is happening, and I am

696

:

quite certain the answer is

697

:

Dave: Now.

698

:

Jerremy: This is not the only

699

:

Dave: I know it's not, I live in Florida.

700

:

Was it Rick Scott made all his

money on actual Medicare fraud,

701

:

Now he's a congressman from

the great state of Florida.

702

:

Like I see it in Miami.

703

:

It's obvious.

704

:

It's, they're not even hiding it.

705

:

this was also the same

state that did pill mills.

706

:

That made the Sacklers all their monies.

707

:

All their monies.

708

:

I don't know about English.

709

:

All the monies.

710

:

No.

711

:

It, look, there's fraud everywhere in this

it wasn't just Minnesota, it wasn't just,

712

:

and it was, I think, unfairly targeting

the Somalis and the Somali group.

713

:

And I, I hear you, you need a bad guy

in order to go do tough things and.

714

:

I just, if your goal is to actually

do immigration enforcement, I don't

715

:

feel like shooting people in the face.

716

:

This kind of goes back to, hey, we're

not winning hearts and minds overseas.

717

:

We're definitely not winning

hearts and minds in our own towns.

718

:

We.

719

:

You can't go be shooting

people in the face.

720

:

That's just, that's

when it gets down to it.

721

:

If you wanna do immigration enforcement.

722

:

Yeah, I hear you.

723

:

That's a big thing that they ran on.

724

:

They have what?

725

:

The largest police force on the planet.

726

:

I don't think, I don't,

it's gonna get ugly

727

:

Jerremy: and by the way, we're also paying

for that in case anyone's just wondering.

728

:

Dave: right?

729

:

Jerremy: I just wanna make sure

730

:

Dave: sure, yeah, we're

paying for that too.

731

:

Jerremy: There's so much shit going on

that people are like, oh the debt we're

732

:

be like, it's just out of control, man.

733

:

Out of control.

734

:

The issue like the largeness of the

spending and the debt increasing and.

735

:

the US people are getting carrots like,

ah, you're gonna have to, you're gonna

736

:

pay less in credit card debt interest.

737

:

Dave: What happened to all of the

Republicans that were like, state's

738

:

rights, and now they're like.

739

:

Fed's rights.

740

:

Like how quickly it's like shirts

and skins flipped quick on this,

741

:

or am I just seeing the bullshit?

742

:

Jerremy: No I think you're

spot on, man, right?

743

:

Like it's, it is astronomically wild.

744

:

Dave: Here's what, I guess

it doesn't confuse me.

745

:

I really wanna run a series on the

entitlement programs and the social

746

:

programs because I think everybody

would agree, like even the hardest

747

:

right kind of person, everybody, but

a libertarian would be like, Hey.

748

:

We wanna make sure that single moms have

daycare or single parents have daycare.

749

:

And I'm happy to pay for that.

750

:

Let's make sure people can work.

751

:

Jerremy: Yeah.

752

:

Totally.

753

:

Dave: in this country

nobody should go hungry.

754

:

It's ridiculous, like we're

too fat to be hungry, down.

755

:

And, there also has to be

some basic checks in place.

756

:

when I was researching this particular

thing, I noticed that DHS, like they

757

:

immediately paused like a bunch of

programs, mostly in blue states.

758

:

I was like, okay, what?

759

:

What did they actually do?

760

:

The reason that they paused them in

the blue states is because that they

761

:

are sanctuary states and they are.

762

:

Those states are ensuring that people who

are undocumented are getting benefits.

763

:

I get the outrage at that, and

I also get the I don't want

764

:

anybody going hungry on this.

765

:

There's, I got a devil and an angel

on both, shoulders on this one.

766

:

It's okay I'm willing I want to

entertain the discussion on that with,

767

:

without just like blanket stopping

snap and blanket stopping, daycare for,

768

:

Jerremy: yeah.

769

:

Dave: A shit ton of kids.

770

:

That's barbaric.

771

:

my favorite word of 2025

is coming back in:

772

:

But on the other hand, in the Biden era,

in our Biden pre presidency, they put in

773

:

a bunch of rules that said, Hey, you don't

even have to tell us how many kids are

774

:

at your daycare and we're gonna pay you

before you actually render any services.

775

:

And I'm like, I don't know, man.

776

:

And then yeah, there's

definitely gonna be fraud.

777

:

again, in Miami, I'm gonna tell you

there's a ton of fraud and I don't hear

778

:

anybody knocking on, Miami-Dade County and

being like, Hey, we need to see, we need

779

:

to see your records here, I guess none

of these places would have any, no state

780

:

would have issues if they just didn't

take the federal money and if they just

781

:

took care of their people in the state.

782

:

Am I just oversimplifying that?

783

:

They're suckling from the trough of

the Fed, and then when the fed says.

784

:

Big daddy fed says,

Hey, this is a problem.

785

:

Then they start crying and I'm like

you're in bed with the mob, and

786

:

the mob boss is like being a jerk.

787

:

So why, how about not

be in bed with the mob?

788

:

Jerremy: Yeah.

789

:

it does.

790

:

It feels like that's what's happening.

791

:

I'm with you.

792

:

Dave: How would you fix the, we gotta

talk to entitlements like we definitely

793

:

have friends and family that have

strong opinions on entitlements and

794

:

I really wanna dig into that one.

795

:

Jerremy: Yeah, it'd be fun.

796

:

That'd be a fun discussion.

797

:

Yeah it's a growing problem.

798

:

And just from the monetary

policy, again I really do just, I

799

:

think spending is outta control.

800

:

Dave: individually, governments

801

:

Jerremy: And right.

802

:

Dave: of them.

803

:

Jerremy: If we continue going

down this path, like it's going

804

:

to be extremely arduous for this

country to dig its way out of it.

805

:

And I'm very bullish on America.

806

:

But there, there needs to

be some level of reckoning.

807

:

And some level of slow down.

808

:

'cause at this point, people are just

starting to throw their hands up in

809

:

the air and going, all right, whatever.

810

:

Like apparently it's

just gonna happen anyway.

811

:

Dave: So do you think people are checking

out or are they like, Hey, call me

812

:

when this administration's over with,

or whenever I vote again, or whatever.

813

:

Jerremy: I think people are just starting

to check out at this point, like, all

814

:

right, I don't know what's going on.

815

:

I have no control, I have no

say, so they're just gonna

816

:

do whatever they're gonna do.

817

:

I'm out.

818

:

I thought it was gonna be different,

and doesn't look like that's the case

819

:

Dave: Oh yeah.

820

:

And by the way, Ukraine's

still going on Gaza's, people

821

:

in Gaza are still suffering.

822

:

That's just off the front page, right?

823

:

It's not on the feed anymore.

824

:

It's like we have the

attention of goldfish.

825

:

Jerremy: There's so much going.

826

:

That's the thing.

827

:

I think there's so much going

on that it just creates this

828

:

theater of what do I look at?

829

:

I don't know if you've ever been to

a CER certi sole show or not, but.

830

:

if you have this main act going on, which

is incredible and you're watching and

831

:

it's wow, this is so uniquely fascinating.

832

:

But there's also 45 other characters

all around stage doing their own thing.

833

:

And you're like, what

do I even look at right

834

:

Dave: Flood the zone.

835

:

Jerremy: What's going on.

836

:

It's like this is a circus of we're

gonna distract all of our focuses

837

:

and so much that's moving that you

don't even know what to look at.

838

:

And it's it is.

839

:

Seemingly evident at this point in time.

840

:

Dave: I've gotta find it,

but you probably know it.

841

:

Ray Dalio, I was

listening to an interview.

842

:

He did, I don't know, it was like

last year or the year before.

843

:

God, the man is so smart He tracks

things on decade longitudinally,

844

:

like this is history, right?

845

:

most countries are in dire

straits and these are the four

846

:

factors that you gotta look at.

847

:

he said UK in particular

is really in trouble.

848

:

man, I wish I remember what the

factors were, and they asked him

849

:

what about the United States?

850

:

he goes might be the best of the worst,

but not heading in the right direction.

851

:

there is a certain amount of

optimism you have to keep and I

852

:

think you have to keep engaged

there is a lot of bread and circus.

853

:

a lot of theater.

854

:

I think you said it really beautifully

and maybe that's how we wrap up today.

855

:

You said it really

beautifully on an episode.

856

:

We weren't able to air because

of technical issues and why

857

:

we're getting this one out.

858

:

A little bit late, you said something

really beautiful about what you can pay

859

:

attention to community and the people

you love and the people around you.

860

:

Those are the areas and the places and

the things that will make the difference.

861

:

we might not be able to, affect

these things from the top down,

862

:

but we can from the bottom up.

863

:

Do you remember what you said on this?

864

:

It was just gorgeous.

865

:

now that I've set you up,

866

:

Jerremy: Yeah, you set me up for failure.

867

:

You're like, man, you're so

powerfully and smart and brilliant.

868

:

Dave: Go.

869

:

Becky: Right after taping, Dave

found Jerremy's closing, we're

870

:

going to pop it in right...

871

:

here:

872

:

Speaker 7: Beautiful.

873

:

Agreed.

874

:

It's the collective consciousness

that we as individuals need to make

875

:

certain decisions that we as humans

are more important than profit

876

:

and what we do, who we do it with,

and how we do it need to become.

877

:

Epitome of how both that we

act and that we portray and

878

:

that we collaborate together.

879

:

I truly feel like that that is missing.

880

:

It's missing in this country.

881

:

It's missing in boardrooms.

882

:

It's missing in companies

where we value humanity.

883

:

We value our brains, our

purpose, our love, our cohesion.

884

:

The more we start coming back to a

sense of how is this actually gonna

885

:

impact us as people and as individuals,

and as humans and as families.

886

:

And if we approach that as our main value

system initially versus how can we make

887

:

more money, it'll create a world of peace.

888

:

It'll create at least a

country of prosperity.

889

:

And the more we do that, the more that we

have people that have open conversations.

890

:

About just that exact topic.

891

:

We will begin to go into a world that

people actually do care and they make

892

:

decisions slower, uh, in relation to

how much money can be made, and they'll

893

:

make decisions faster on how it'll

actually impact families and individuals.

894

:

And the more we approach it from that

perspective, we will have a really,

895

:

really engaging and incredible future.

896

:

2026 will be bright.

897

:

Uh, Dave and myself will be here

continually every single week.

898

:

Created not only content,

but information value.

899

:

Happiness, joy, positivity,

and optimism, and also realism.

900

:

We will continue to share.

901

:

We will continue to understand.

902

:

We will dive into the problems

and we will look for solutions

903

:

in solving America's problems.

904

:

Becky: Back to your regularly

scheduled closing...

905

:

Jerremy: yeah.

906

:

The truth is like that, those are

the things that we can affect and

907

:

everything you just mentioned, right?

908

:

We have as citizens, as

individuals, as people.

909

:

If you're American, there's a 99% chance

you're American by listening to this.

910

:

But there's definitely other

people in other countries listen.

911

:

We're starting to get an

international and global reach

912

:

because truthfully, the underlying

message is what can you focus on?

913

:

What can you actually do?

914

:

And an individual is not going to

change the administration that's

915

:

happening presently, and that's okay.

916

:

But what an individual can do is

collect people around them that have

917

:

a similar message, that have a similar

theme, and you begin to focus on what

918

:

you can change or what you can affect,

and what type of positive output that

919

:

you can actually begin to generate.

920

:

That can be and should be probably

community based, locally and locally

921

:

based, where you get other people that

are working, that are trying, that are

922

:

family, that are pouring into the love,

light, and happiness of the world.

923

:

And really just do your best to

uplift those around you so that

924

:

where you are spending time focusing,

that's where your energy's gonna go.

925

:

And if you focus on the negative and all

the negative things that are happening.

926

:

You're gonna feel negative.

927

:

You're gonna receive negative,

you're gonna get more negative.

928

:

But if you do your best to actually

look at the truth, which is it's

929

:

gonna happen no matter what,

there's always gonna be a president.

930

:

In the United States of America, we have

the longest lasting government That hasn't

931

:

really changed or altered massively.

932

:

We have that.

933

:

We're about to celebrate the 250th year.

934

:

Of this nation July 4th of this

year, and there's gonna be a big

935

:

mixed martial arts fight on the lawn

of the White House because why not

936

:

Dave: greatest.

937

:

The greatest Country America.

938

:

Jerremy: Or we're fighting on the lawn.

939

:

Those aspects you might

not be able to change.

940

:

And what we can do is we can just,

we can invoke and we can interact

941

:

with peace and happiness and love and

prosperity in our local communities.

942

:

And we can uplift and we can build

and we can shape, and then we can go,

943

:

Hey, this is gonna happen and here's

what we're gonna do about it locally.

944

:

And we're gonna have clean streets,

we're gonna have clean roads.

945

:

We're going to.

946

:

Smile and wave to each other.

947

:

We're just gonna be nice

people collectively,

948

:

regardless of what's happening.

949

:

And we will find ways to make future

changes by understanding what is

950

:

either not working or what we would

like to work and just figure out how

951

:

we can and or should make an impact.

952

:

So there's a lot there, man.

953

:

And ultimately I'm really excited about.

954

:

Just continuing for me to step into

that role because I see it very clearly

955

:

where that's how you have the impact.

956

:

You have the impact at the ground level.

957

:

You have the impact, I believe, where

if Trump wanted the a, a higher rating

958

:

or he wanted to truly make actual real

massive internal change in the country,

959

:

you go around to the towns and to the

cities and you actually talk to people

960

:

and you find out what they actually

need and you start creating that versus.

961

:

Just making a select group of very

small people even richer, and I

962

:

do believe that is a very apparent

thing of what's happening right now.

963

:

Dave: And on that, we shall end this

episode of Solving America's Problems.

964

:

Tune in next week.

965

:

We are continuing what we started last

year, and that's all on guns in America.

966

:

We have some exciting guests lined up,

including a Congress person to come

967

:

and talk to us about guns in the United

States and some more exciting guest.

968

:

we're gonna deep dive, on this one.

969

:

So that's this week on

solving America's problems.

970

:

Don't forget to like and subscribe.

971

:

If you're listening to anything, make

sure that you follow us on social media.

972

:

I kicked that into gear finally here

in:

973

:

and that's it.

974

:

That's this show.

975

:

Thank you, my friend.

976

:

Until next week.

977

:

Jerremy: Thank you ladies

and gentlemen for listening.

978

:

You all rock.

979

:

We'll see you soon.

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About the Podcast

Solving America's Problems
Solving America’s Problems isn’t just a podcast—it’s a journey. Co-host Jerremy Newsome, a successful entrepreneur and educator, is pursuing his lifelong dream of running for president. Along the way, he and co-host Dave Conley bring together experts, advocates, and everyday Americans to explore the real, actionable solutions our country needs.

With dynamic formats—one-on-one interviews, panel discussions, and more—we cut through the noise of divisive rhetoric to uncover practical ideas that unite instead of divide. If you’re ready to think differently, act boldly, and join a movement for meaningful change, subscribe now.