 Yeah, I want to talk about, I want to talk about Spider's Web. So I can't remember who it was, but one of you paid me money to watch Spider's Web. Spider's Web is a documentary. It's about an hour and 20 minutes. And you asked me to review it, so here's my review of Spider's Web. It's terrible. It's a good example of the biased history that you guys were talking about earlier. Spider's Web has this thesis. The thesis is, it's been watched massively. Millions of people have watched this. Oh, Troy, thank you. Wow. Troy is in the house, all right. Under lockdown in Australia, I take it. There's a good, there's a good, there's a good picture of Australia, it shows the whole island. And it's called, you know, I think the heading is something like a prison nation. And you know, a nation of prisoners and you think about it, yeah, it was founded by prisoners and now everybody's under house arrest. So Spider's Web. So Spider's Web, this is the thesis that England used to have an empire. And that empire, to a large extent, was managed from the city of London, from the financiers at London. It's a hugely anti-finance, anti-financier documentary. And the idea is that when the empire collapsed, the city of London wanted to maintain its power and wanted to maintain its control. And to maintain its power and control, it, you know, to maintain its control. It basically established in the post-empire era, a system of call it, what do they call it in the documentary? They call it, you know, basically offshore banking, secret banking, banks that allow you, don't ask questions, where you open accounts, shadow banking, it's where people can use it in order to hide ill-gotten money, avoid taxation. And they created a network of these places, Cayman Islands and a number of different former British colonies. All established these financial entities to help the rich avoid taxes and to funnel money into the city of London, which makes money off of money. And it's all, the whole documentary is all phased as if it's one big conspiracy theory, these people are running the world. And, you know, this whole section of how this is screwing Africa, how is it screwing Africa? Think about it this way. Africa has, let's say, I'm just going to make up some numbers, Africa has debt of $100 billion, let's say. But it turns out that the various dictators, authoritarians of Africa, they're never called dictators, authoritarians in the documentary. The leaders of African countries have funneled about $900 billion into some of these bank accounts all over the world. They've stolen their own people's money and put them in the bank accounts. Now God forbid, God forbid, here's my Catholic coming out of me, that you actually blame the dictators for stealing the money. You blame the populace for tolerating the dictators for stealing the money. You blame the elites in African countries for allowing the dictators to steal the money. No, no, no, no, no, no, no, no. You can't blame those people because after all, they're weak, you know, they've got dark skin and, you know, we don't blame them for anything. They're all victims. I mean, it's so racist, not to blame them. It's so racist to treat them differently. Mike, thank you. So we don't blame the Africans, who do we blame? We blame the bankers, who make it possible. We blame the city of London. There's created this network of banks that allow people to hide their money. Now, this is just nuts. Of course, it assumes that the only purpose of money, the only purpose of creating money is to pay taxes. In a free world, in a capitalist world, there'd be 100% privacy in banks. To get any information about anybody from a bank, you'd need a subpoena. Why would, why is it anybody's business? What I have in my bank account? Why is it anybody's business? How much money I made last year? It's only the statists, the authoritarians, the collectives, who think that they, my money is theirs. Now, the example in Africa is stealing. But one has to condemn the theft. One has to condemn the people who commit the theft. It's none of the bankers' business where the money came from. It's government's responsibility to police, not bankers. Bankers are not policemen. It's not the bankers' job. It's absurd. I mean, the document is filled with falsehoods. It talks about the euro-dollar. It talks about the creation of this whole banking system and the euro-dollar market. But these banking systems and the euro-dollars were built primarily to get around regulation. But I am forgetting around regulation. I think it's great to get around regulation. I think it's wonderful to get around regulation. Regulation is government intervention. It's immoral. It's use of force against the productive. Now, I believe in catching fraudsters, putting them in jail. But one of the reasons you had a euro-dollar market was because in the United States until the 1980s, banks couldn't pay interest on checking accounts. Until recently, banks couldn't pay interest on copper checking accounts. So what happened was corporations were pissed off. I mean, what are they going to do with the money? It's one of the reasons we have money market accounts is so that corporations can shift their money overnight and get some interest on it. Because there are billions and billions of billions, if not trillions of dollars. The euro market, euro-dollar market was created to allow American banks to deposit corporate checking accounts into European accounts overnight, get interest so they could pay their corporate clients' interest without breaking American law. Yeah, it's called regulatory arbitrage and it's a wonderful thing. Yes, these banks, offshore banks are used to avoid paying taxes. Yes, corporations use every trick in the book, legal, to try not to pay taxes. Good for them. There's no duty to pay your taxes. There's a duty to follow the law, maybe, right? Up to a point. But your duty is to shareholders and part of that duty is to minimize the taxes that you pay. So I commend all these specialists who help people to evade taxes, you know, if they're doing it legally. And if you want to stop it, you know, close the loopholes, but even better, get rid of taxes. The simpler the taxes are, the lower the taxes are, the less evasion there is. Bankers are not conspirators, they're the victims of regulations and controls. And yes, they fight back and they are massive innovators. They're amazing innovators. In fighting ways around the regulation. So the documentary is, I mean, a bunch of what they say is true, but my evaluation of what happens there, my evaluation of what they did is very, very different than their evaluation. So Spider's Web, remember Spider's Web, that you put out a web to what to eat your prey, to catch your prey and kill it. But Spider's Web in the documentary was to provide people with services, legitimate services, of getting around irrational government regulations and irrational government controls. All right. What we need today, what I call the new intellectual, would be any man or woman who is willing to think. Meaning any man or woman who knows that man's life must be guided by reason, by the intellect, not by feelings, wishes, wins or mystic revelations. Any man or woman who values his life and who does not want to give in to today's cult of the stare, cynicism and impotence and does not intend to give up the world to the dark ages and to the role of the collectivist, broods. All right. Before we go on, reminder, please like the show. We've got 163 live listeners right now, 30 likes. That should be at least 100. I figure at least 100 of you actually like the show. Maybe they're like 60 of the Matthews out there who hate it. But at least the people who are liking it, I want to see a thumbs up. 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