[00:00:00] Related. Broadcasting live from atop the Rocky Mountains, the crossroads of the West, you are listening to the Liberty Roundtable Radio Talk Show. I feel like welcome back Carter, but it's even better than that. We also have an honest money update with our buddy, Mr. Perkins, FreeWaterCoinCo.com.
[00:00:27] Ted Turner passed away. Ramaswamy rocks it. Federal debt adds pressure and concerns everywhere. Prices remain elevated, especially when it comes to gas. Oh boy, inflation keeps feds wondering what to do. I got an answer for them. Higher for longer interest rates, they claim. Wall Street races. Tariff fallouts. Trade wars.
[00:00:56] Economists warn. Treasury warns. Everybody's warning, ladies and gentlemen. And I'm warning you that we've got to go back to the Constitution, or else it's going to be quaintance for the country. Happy to have you along, my fellow Americans. I'm Sam Bushman with another hard-hitting News the Networks Refuse to Use style broadcast. We're available everywhere. YouTube, Rumble, X, Truth Social. I mean, it just keeps going on and on and on. Radio, we're available everywhere as well.
[00:01:24] Just check out LibertyRoundTable.com, LibertyNewsRadio.com. Spread the word. Share the love, would you please? Indeed, ladies and gentlemen, Kurt Crosby, former co-host of Liberty Roundtable Live. He went into retirement so he could work on his honey business, work on spending time with his grandkids, etc. But now he's coming back in a part-time mode. Mr. Kurt Crosby, affectionately known as the Honeyman. Yes, indeed. Long-time liberty-minded radio personality.
[00:01:53] Constitutional conservative. Trusted voice for faith, family, and liberty. Yeah, traditional American values. The whole bit. His website, LocalHoneyman.com. You've heard his commercials on the radio. If you've been a short-time listener or you've heard him from the past, a blast from the past. Welcome back, Kurt. Buenos dias. Greetings and salutations. Howdy, Sam. All kinds of cool stuff going on.
[00:02:21] We've also got our buddy, Heath Perkins, in the house. For the past 50 years, the Russ family and friends have been helping people understand precious metals, ladies and gentlemen. Freewatercoinco.com, their website. Welcome back, Heath. Hi, Sam. All right. We've got Heath Perkins with us, ladies and gentlemen. Honest money report. What's the world looking like, Heath? It's, we had a little bit of a bump.
[00:02:49] You had oil drop in price, and so gold and silver decided to do the opposite, which is a little odd. But gold's up to $4,745.60, and silver is up to $81.29. Imagine $81.29 for a dollar, Kurt. Right. You're right. You know, so many times people just don't understand.
[00:03:17] I told somebody yesterday, it depends on what dollar you bring me on what you can buy. You know, you just got to make sure you bring me the right dollar, you know. What if they bring you those million dollar, what are those things called? Zimbabwe deals for a million bucks? Yeah, or trillion. Yeah, those trillion dollar meals from Zimbabwe. No, you're not going to get very far with those. Don't you get one of those honey straws, one of those little honey steaks or whatever?
[00:03:46] Yeah, probably get one of those. Yeah, that's right. Just saying. There you have it. There's so much going on in the news, Heath, and I think that's kind of why things are so volatile, if you will. Ted Turner, the media pioneer, died. You know, he helped create the CNN's 24-hour news cycle. He's passed away at 87 years old. And since he was on the dole getting government money, I think they're going to start sending that money to us. Did you hear about that, Heath? I did not hear about that. It didn't fill me in.
[00:04:16] There's only one fly in the ointment. We won't take it. I agree. Yeah. All right. Vivek Ramaswamy is in the news as well. Turns out he crushed the Republican primary. Yeah. Setting the stage for a GOP Vivek Ramaswamy Ohio governor showdown. I guess, as you know, he's been backed by President Trump.
[00:04:45] He basically is going to battle this Democrat lady by the name of Amy Acton. And I think that Vivek is prepared to win. And they say it's going to be one of the nation's most closely watched governor races in the whole nation. What do you think of that, Kurt? Well, as far as I can tell, he really won in a big way. And, you know, he's a good leader, I believe.
[00:05:15] An up-and-coming guy seems to stand up for things. He's in Ohio. Isn't that right, Sam? Yes, sir. And I was looking at Ohio this morning. Some news piece I saw some investigative reporter was going through, you know, doing kind of that deal where you go to somebody's place and you check them out and you look up the government records. And, man, there's a lot of fraud going on in Ohio.
[00:05:42] But I think that's the way it is in every state of the union, from sea to shining sea. Sad but true. Some are worse than others. But, you know, I really liked Vivek when he ran for president. I really liked what he had to say on the campaign trail. He's younger, you know, 40 years old or something like that. But yet he's sure articulate and he understands the Constitution. And he knows because he's, you know, he's known about the Indian culture for quite some time and everything else.
[00:06:10] And so he understands the difference of what America brings to the table like nobody's business, Kurt. Mm-hmm. Yeah, I was just after we were talking about Heath, I looked at his website and it says you can still buy a gallon gas for a quarter. And yet I think you can buy a gallon of gas for a dime. It depends on the quarter you got in your hand, though, Kurt. Yeah, I think you can still buy a gallon of gas for a dime as far as I can tell.
[00:06:39] So maybe he's got to update that. But you've got to, like you say, you've got to have the right dime, you know. That's very true. You're right about that. Gas prices in America remain elevated. An average cost of a gallon of gas in America now? $4.56. A diesel is a dollar more, Heath. Yep, I drive a diesel and I feel that pain. So, yeah, it's been interesting to see just the overall cost going up.
[00:07:08] The, I don't know, it just keeps draining people's ability to get a little bit more ahead. So it's been, it pinches everyone in this country right now. We have the highest credit card debt we've seen in forever. And that's just a sign of an unhealthy living standard that we all have due to the inflation and other things like that.
[00:07:34] And we just can't make it without either side gigs or, again, credit cards stepping in. So, yeah. Unless you're Kurt Crosby and you have a garage full of rhodium, then, ladies and gentlemen, you don't have to worry about any of those kind of things. Other than that, we're good. Energy market stability or instability is what they're calling this. They say that the Iran tensions tied to the pressure of gasoline prices, keeping inflation high and everything else.
[00:08:02] I don't really understand that since we don't really depend on Iran for our oil. But they say, globally speaking, the cost just goes up and up and up. But I would like to see a little bit more of our deal just saying, hey, we produce it in America, we use it in America, and we don't need to really worry about the global markets in that fashion. The problem is a lot of our exports are tied to this too, Kurt. I think that's part of the issue.
[00:08:22] Well, you know, when you've got all those big tankers sitting out there between the Straits and Wurdu's or whatever and trying to get through, you know, and they're not getting to their proper destinations. Man, if you let that thing go, it's just going to fill up pretty fast, I think. And then you've got the drill, baby drill.
[00:08:46] I mean, imagine if you had a garage full of Heath of just silver dimes, you know. You can buy a heck of a lot of your gallons of diesel for that. Exactly. How much is a silver dime worth right now, Heath? You're right around $5.40-ish cents, maybe a little bit higher than that. So you can buy a gallon of diesel with a dime and have money left over after you buy a gallon of gas. Kurt, you do that, right?
[00:09:16] You do that. That's amazing. Yeah. It is. I guess there's federal debt concerns and pressures over economic policy right now too. Analysts are warning that America's rising debt load limits the government's flexibility to respond aggressively to, quote, future economic crises. So I got an idea for you guys. What if we just abolish the Federal Reserve?
[00:09:46] Then they won't have to worry about that at all. They just won't have to worry about, you know, worrying about the economy. They'll just let the economy use this free market principle called supply and demand, Heath. Should we do it? Do we dare to try it? Well, yes. I mean, one of the founding fathers said, you know, a central bank is more dangerous than a standing army. So, you know, we were warned about this. You know, we haven't done much about it.
[00:10:12] But there needs to be a moment where we take back that ability to either, you know, go back to real money or we're just going to get stuck in a system that can control every aspect of our spending. And we're ahead of that direction. So it's been interesting. But they say higher interest rates for longer, ladies and gentlemen. They say that's the new reality.
[00:10:38] Bond markets are increasingly the reason the possibility is they're going to have to keep interest rates way higher, way longer than the American people expect. That's going to throw a wrench in the works. We'll talk about it with Heath Perkins and Kirk Cosby in mere seconds. And freewatercoinco.com. You've got a partner when it comes to real, honest money. As a parent, is receiving a faith-based, character-focused education for your children difficult to find?
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[00:12:34] All right, I'm Sam Bushman, ladies and gentlemen. I've got the Honeyman with me, localhoneyman.com, Kirk Crosby. I've also got Heath Perkins, well-known constitutional currency man, if you will. Freewatercoinco.com. We're talking about the Honest Money Report, ladies and gentlemen. It's incredible gold, $4,745.60. Silver, $81.29. Ted Turner passed away.
[00:13:05] Vivek Ramaswamy rocks it. Hopefully he'll be the next governor of the great state of Ohio. And, folks, I'm just telling you right now, we're talking about these markets. They say that inflation fears keep Fed cornered as interest rate cuts slip away. Yeah, the Federal Reserve is facing mounting pressure, but they say higher for longer is what they're going to have to do.
[00:13:30] The bond markets are increasingly pricing in the possibility that, hey, interest rates stay up for a long time. I'm just saying all they've got to do is get out of the interest rate manipulation business. Heath? Kurt? I couldn't agree more, Sam. I mean, you just think about what would happen if the, you know, the boys at the Federal Reserve just said,
[00:13:59] Sayonara, we're out of here. Yes, indeed. President Trump could do that instead of just firing the Fed, you know, chair or the Fed board member. All you've got to do in my mind, ladies and gentlemen, is just go ahead and shut down the Fed, and then you don't need to worry about it at all. Wall Street braces for critical jobs report. Investors are closely watching up and coming employment numbers.
[00:14:24] They say that could determine whether the Fed keeps rates elevated through the rest of 2026. My response is, what does my job have to do with the Fed rate, Heath? Fed rate does a lot of stuff. Fed rate is designed to pull money out of the market when we increase the rate. That's the idea to decrease the inflation.
[00:14:51] So, yeah, the less money that's available out there, it affects everything. Your job, the interest rates, the businesses are paying for their small business loans, mortgages, everything is affected by the interest rates due to us not being a savings society, but instead a consumer society. We don't have the savings to go out and pay for things with cash.
[00:15:18] And because of that, every aspect of our day-to-day life is affected by the interest rates going up or down. Now, they say this in the headlines, and I want to disagree with them a bit. Tariff fallout continues to hit American businesses. And I think that might be true only because we have the IRS still. Economists, they say, warn that tariff policy may already be slowing down
[00:15:44] and increasing costs, putting greater pressure on supply chains and manufacturing and everything nationwide. And I'm just saying if they'd get rid of the IRS, I don't think we'd have a problem with the tariffs, Kurt. Well, you know, I'm certainly for replacing the beloved IRS and the income tax. The tax is, of course, a temporary program that started in 1913.
[00:16:11] Replace that with the external revenue service. In other words, tariffs and that kind of thing. I mean, imagine following the Constitution that we never should have had the 16th Amendment. We know those big books I sell called The Law That Never Was, where the authors went from state to state and saw that none of the 16th Amendment was properly ratified.
[00:16:40] So, you know, I mean, when you think of making America great again, there's sure a lot of things on the list, aren't there? It's a target-rich environment. Red Beckman doing a phenomenal job on that. They say trade war legal battles shake the economy. The Supreme Court's earlier decisions, striking down major tariffs, continue to reshape trade policy and economic forecasting across industries. Now, I would just say this, though.
[00:17:09] Too many of these judges, I just say impeach those clowns, man. They're out of control. Yeah, isn't it amazing? Go ahead, Kurt. I was just going to say, isn't it amazing they used the impeach word for President Trump like it was going out of style, but you had never heard about the judges. Well, you ought to. We need to work on it more, that's for sure. Economists warn a possible stagflation threat. Heath?
[00:17:37] The biggest worry of the Fed, stagflation, where prices actually go down and the people can afford things. I don't understand the fear of this. It's ridiculous. One of the biggest issues with inflation is just talking about it. The more you talk about it, the more businesses have the ability to, whether it's affecting them or not, increase their prices. During COVID, this happened with a lot of grocery stores.
[00:18:05] They increased their prices regardless of their distributors actually not increasing their prices. But I have one example that one of the owners of a large chain of food produce that he sold to lots of groups, Kroger in particular. He's like, yeah, we never increased our prices, but they increased our prices in their stores. It wasn't us that was doing it. It was just the stores.
[00:18:33] But when you talk about inflation, businesses then can kind of work that in and just say, hey, I need to charge a higher price because things are getting more expensive, even though their costs didn't necessarily go up. Or sometimes their costs do legitimately go up, but they take advantage of it and their costs go way up, way further than they ought to be, adding insult to injury as well. Now, I find this headline very interesting, and I want to get your take on this, gentlemen.
[00:19:01] Treasury warns food prices remain stubbornly, painfully elevated. Government data shows that food inflation continues straining households, and they say that food costs remain well above normal levels. Why is the Treasury telling me about food costs, Kurt?
[00:19:26] Well, at least to me, I believe it's a little bit like that old game they call it, the shell game. You know, you're trying to follow those three shells, and they just keep moving you around. You know, they've got to keep you thinking about something else that's really not the real shell or real game or the real thing.
[00:19:48] You know, you think about the situation with honest money where Article 1, Section 10 says, no state shall make anything but gold and silver coin to tender and payment of debts. If you simply follow that right there in the Constitution, you know, you'd be able to tell from year to year what you're paying for things
[00:20:14] because you wouldn't have this kind of, well, just fiat money system like we use where you wouldn't have a base to figure it out. You'd still see that a dime buys a gallon of gas or, you know, maybe a good batch of groceries or whatever, you know. But now you have this general bad feeling in society when people do,
[00:20:42] like you were talking about, a small increase maybe from a producer leads to a huge increase at the end purchaser. And everybody's going, man, those farmers are taking me for a ride or, you know, something else. And it's just bad, bad feelings in society because of the problems of the dishonest money system. Yeah, back in the day I learned about this from Ron Paul and some others.
[00:21:11] It's called moral hazard because nobody can count on the marketplace. And that's why Congress needs to get behind Donald Trump when it comes to these tariffs and why he needs to get behind Donald Trump and get rid of the IRS. If we had stable tariffs with the ERS, no IRS, then would have stability in the game and would bring back the economy. It would come roaring back if they did that. But right now corporate America accelerates layoffs and restructuring.
[00:21:37] Major companies continue to, you know, jettison white-collar jobs. They're pursuing automation, AI efficiency, cost reductions, Heath. You talk to a lot of people that come in with, you know, wanting to, you know, purchase and or jettison constitutional currency. Are they telling you about this? Yeah, you're hearing. I mean, I have one guy who comes in. He works for Adobe, and he's just saying they want them to utilize AI
[00:22:07] in all of their, you know, performance and stuff. And so they want AI to write the code. And then they blame the individuals who have written the code and say, hey, go fix this bug that we see in there. And it's like, well, we didn't write it. You want us to use 80% AI, and I don't know what AI truly is writing in these things. So AI is causing a huge disruption in the tech industry because it's the architects who are writing, you know, code and stuff.
[00:22:35] They don't know where AI is pulling this information or how to undo it and fix those things. So it's causing a lot of stress across all the industry, especially in the tech industry. And they talk about it. They talk about how it's a struggle. AI is a huge struggle that everyone wants to implement heavily. The cost of implementing it is higher than actually not
[00:23:04] due to how many problems they're seeing on the back end. And Apple made a bunch of promises related to AI and got caught lying and not delivering on their promises. Now they have to pay out $250 million alone. So it is crazy for sure. They say this, the last headline for you guys before we got to fly. Economists debate whether the U.S. economy is still resilient despite inflation and geopolitical risks.
[00:23:31] Strong consumer activity and steady hiring continue to progress for now. But the debate's on. I'm not debating it. I think the economy is in the tank. And I think it's pretty much Congress's fault. And I think that we need to basically back honest money. We need to back supply and demand economics. And the sooner we do that, the better it will be. Heath, your final thought. Completely agree. We need to get back to real money.
[00:23:58] We need to get back to a system that doesn't just support the banks with the extra little fees and credit card processing and everything else. There's a lot that we need to get back to, but it's real money. It's going back to the source of what we call money. FreeWaterCoinCo.com, ladies and gentlemen. You have a friend when it comes to helping you understand honest money. Thank you, Heath Perkins. FreeWaterCoinCo.com for the Honest Money Report. I'm Sam Bushman. Kirk Crosby's with me today as the co-host.
[00:24:28] Yes, he's affectionately known as the Honeyman, ladies and gentlemen. But he's also a well-known political commentator on all things God, family, and country. LocalHoneyman.com. FreeWaterCoinCo.com. I'm Sam Bushman. God save the Republic of the United States of America. A Bir trick師, TV product owner хозя 100% time, There is a place where you can't even be entirely vaccinated. It was literally not an EV, but ein Wiring 되지 list. KIRK cannot do a malized Madness business. It was not an cops component of the limiter Pvtun capacity audience. He raised 3 007 video with people whom we can't do it. atomicaves. And thenium has 1 slash 9 exact o live water. The power of two intervened triangle can't be on the path. Thank you.