Glenn interviews Ted Nugent on radio

Ted Nugent joined Glenn on radio to discuss some of the ridiculous regulations that have overtaken then country. Nugent explained an incident from a hunting trip in Alaska that gave him some legal trouble - nearly resulting in him being charged with a felony. Watch the clip above, and tune into GBTV tonight at 5pm for more on this story!

Full Transcript Below:

GLENN: Turn that hippie rock‑and‑roll music down. It's too loud. Ted Nugent is with us. He's on tour in Los Angeles. Are you still in Los Angeles? Didn't you have something happen in Los Angeles yesterday, Ted?

NUGENT: Oh, something happens every minute of every day but, yes, it happens in Los Angeles, too. I'm shooting .50‑caliber sniper rifles in Los Angeles legally, 100% legal.

GLENN: Really?

NUGENT: We went up to the hills, up to the Oak Tree Shooting Range to test out some new ammo that I'm creating and just hanging with the SWAT guys and with a bunch of commandos of law enforcement and military, and Mrs. Nugent and I were shooting large caliber weapons getting ready for real rock‑and‑roll excitement.

GLENN: Okay. So Ted, tonight you're going to be on the program and we're going to go into detail about what this government tried to do to you over the last, the last few and what you ‑‑ what you've just signed. You want to get into what you've just signed and then we can talk tonight about what the government did to you?

NUGENT: You bet. Bottom line is I've been hunting all my life, Glenn. My mom and dad raised me to be 100% legal, law‑abiding, respect law enforcement and to be in the asset column of life, to use my heart and soul to think and be conscientious about how I conduct myself. And now as a perfect human being, I've stumbled perfectly over the years on occasion, but at the tender age of 63, I don't stumble anymore. I really put my heart and soul, especially as a representative of the honorable hunting outdoor lifestyle and the gun owners of this country and people who celebrate the U.S. Constitution that is enforced and supported at such great sacrifice by the heroes of the military. That being said, I stumbled in Alaska. There was a new law that it's very important to note that I wasn't the only one that had never heard of it. We can't find anybody that ever heard of this new unprecedented law that if your arrow or bullet shows sign of nicking or touching an animal that your big game tag is null and void, including the resident judge in the courtroom who's lived in the only zone where this law exists. He said on record during the court proceedings that he had never heard of the law, and he deals with law enforcement and wild game enforcement all the time.

My attorney has been a lifetime licensed guide and outfitter in Alaska, a lifetime hunter in Alaska. He never heard of the law. That notwithstanding, I have by all information been the first and only person ever charged with this. The State of Alaska was not interested in charging me, but the federal government was.

GLENN: Now, it's very interesting because this has been going on for how long? I'm trying to remember. A year, year and a half?

NUGENT: Well, I ‑‑ the bear hunt in question took place with my sons in the Prince of Wales Island in 2009. Remember, Glenn, I've been hunting in Alaska since 1977 and the law has always been the same, that when you take possession of your animal, you apply your tag. That's the universal law.

GLENN: Sure.

NUGENT: Since the early 1900s.

GLENN: It's like ‑‑ it would be like if you're going fishing and you caught a fish and it got away, you wouldn't count that as one of the fish you caught.

NUGENT: That's it in a nutshell, yes, sir.

GLENN: I mean, it's ridiculous.

NUGENT: It really is. And I've got to tell you, they gave me the ultimatum the day after I endorsed Mitt Romney and this has been ongoing now in the California, I've got to tell you the California no‑contest plea I gave, I'm going to write a piece that's going to tell you about the horror story, the unprecedented horror story. Once again the U.S. Fish and Wildlife service.

Now, if some U.S. Fish and Wildlife service are getting angry at me, that would be guilt, you're guilty of corruption and abuse of power. I'm not talking about good agents. I'm not talking about agents who abide by their oath to the U.S. Constitution and follow the letter of the law, including the Fourth Amendment. I'm talking about jackbooted thugs who are kicking down doors predawn, guns drawn over a charge that there might have been, quote, feed within 450 yards of my tree stand bow hunting for deer in California, Glenn.

GLENN: This is crazy. Now listen ‑‑

NUGENT: Which carries the weight of a jaywalking ticket, by the way.

GLENN: I want you to know they threatened to charge, may I say?

NUGENT: Yes. My friend Mitch Moore.

GLENN: I was going to say that what they threatened to charge you in Alaska.

NUGENT: Oh, in Alaska. Felonies.

GLENN: Felony.

NUGENT: Felony.

GLENN: Felony.

NUGENT: Felony. The Lasiak was first designed many years ago to stop the illegal importation of endangered species. I supported it 100%. But now the Lasiak is being used to charge innocent young men and women who abided by every game law ‑‑ get this ‑‑ for shooting a deer with all the right licenses during the right season with the right equipment but because they used the wrong broad head, a broad head, by the way, which is the number one selling broad head on planet Earth that is legal everywhere except two states and they shoot their deer, proper licenses, proper tags, bring it home and they're charged with felonies equal to armed robbery and rape and murder.

GLENN: Yeah. And going to jail. Now ‑‑

NUGENT: Yes.

GLENN: Now, you lose your right to have a gun forever.

NUGENT: Yes.

GLENN: You go to prison.

NUGENT: To vote.

GLENN: Right. You lose everything.

NUGENT: You become ‑‑ it's just like, let me ‑‑ can I have just 60 seconds ‑‑

GLENN: Yeah.

NUGENT: ‑‑ to make an analogy that no one will fail to grasp? In Michigan they are slaughtering law‑abiding innocent farmers' livestock based on fraudulent terms, claiming they're feral and invasive when everyone on planet Earth knows that livestock within a confined pen or corral or fenced area, it can't be feral or invasive by any stretch of those terms. But they call them feral and invasive and they're destroying private property.

Now Glenn, if you had a lever action 30.30 and all of a sudden the federal government went, "We're now calling lever action 30.30 rifles machine guns. We're going to call them machine guns and we're coming to get them." They can call anything what they want. They're destroying animals that are not feral and not invasive. They're calling them things they're not. It's a lie.

GLENN: So in other words, in case you don't know feral means basically they're wild.

NUGENT: Yeah, feral means the animals have escaped.

GLENN: If they're in a pen ‑‑

NUGENT: They're not escaped.

GLENN: ‑‑ they can't be feral.

NUGENT: But they're enforcing this with guns, Glenn.

GLENN: Now Ted, there's so much more to talk about tonight, but I want to tell you something that I found. I've been reading a lot of stuff from the Communist Manifesto and early communism because you're dealing with a lot of Marxists in this government now, and one of the things they have to do is seize or destroy the property of rebels. And I thought, you know, who, who are the strongest people against this president and they would be the ones in the red states. And the red states, those are farmers and hunters.

NUGENT: Yes.

GLENN: I really truly believe ‑‑ I know why you were targeted. I mean, you were targeted and run through the wringer, and you're not my only friend that this has happened to. And I don't mean just for hunting. I mean for other things. I have had friends who are some of the most honorable men I know. I mean, I about blew my stack on Monday when I came back from the NRA and I heard what they were doing to you and you had to meet with the Secret Service. I blew my stack on the air and ‑‑

NUGENT: A stack blower.

GLENN: And I said, because I know who Ted Nugent is. I know. And I was so angry about it because not only is it Ted Nugent, it's other friends of mine who are being put through the wringer the same way. And they are ‑‑ they are being bullied, they are being threatened with prison time, they are being threatened, "Confess, confess, confess." And they're like, I didn't do anything wrong.

NUGENT: Yep.

GLENN: And in your case you did but it ‑‑ when was that law put in?

NUGENT: That law was enacted in 2004‑2005, and it's only in the Prince of Wales Southeast Alaska area has this law ever existed. Remember the judge that lives there never heard of it.

GLENN: So nobody's ever been charged with it.

NUGENT: No one's ever been.

GLENN: And how is it that the federal government, that the judge didn't know about it but the federal government knew about it and nailed you on it.

NUGENT: Because the federal government for a long, long time has been trying, increasing the net of felonies, what qualifies as a felony. Do you know that the humane society of the United States somehow convinced some soulless people in Pennsylvania that killing a deer illegally is now a felon, a felony. A felony.

GLENN: Can you talk about ‑‑

NUGENT: Now, I'm all for management of wildlife, I think you should stop poaching, I think you have to abide by the law. Even the goofy laws. Until you change a goofy law, you have to abide by it. But some of these laws are indescribably bizarre and illogical.

GLENN: You describe one more law, I've got to go in about a minute, but describe one more thing that is happening on your ranch here in Texas that is not, it's not illogical. It is ‑‑ it's inhumane.

NUGENT: Yes. I ‑‑ the scimitar‑horned oryx was brought to Texas landowners, private land, many years ago because it's a magnificent animal and it was endangered in Africa. It is no longer endangered. We put a value on it where we harvest the surplus bulls and we went from like 1200 to 20,000‑something oryx, more than stabilizing the herd because they're valuable to landowners. The federal government sided with an animal rights maniac to ban the hunting. I have to get federal permits to touch my thriving, growing, healthy heard of oryx. There was a ‑‑

GLENN: And if you leave them alone, if you leave them alone, it's like bunny rabbits. They will overrun everything.

NUGENT: They will eat everything and all life will cease. It will be a moonscape.

GLENN: Okay.

NUGENT: That's why the annual season of harvest is a stewardship duty. So I have a crippled calf oryx that has three legs that is all gaunt and my wife and I are watching it slowly die. But if I were to do the right thing and dispatch this animal, put it out of its misery, I would be a felon, Glenn.

GLENN: Okay. So we have people, we have people in this administration that are actually making the case that you should put a human down, a baby down if they're deformed, if they have any kind of handicap, if they don't have any quality of life, they should be killed; but you can't do it to an oryx.

NUGENT: It's unbelievable. My brain won't accept this vile abuse of power. We've got to take this country back. And I've got to tell you, Glenn, I'm walking the streets of Los Angeles. You wouldn't think it's Ted Nugent country but, my goodness, the support you have out here for blowing the whistle. You're doing We the people, freedom of the press, First Amendment duties, and the supportive out here is unbelievable. Everywhere, Glenn, every cop, every family, every person walking the street, the spiked‑hair, pierced‑ear guy, everybody says, "Go, Ted, we support you. Thank you for standing up for common sense." I've never seen anything like it, Glenn.

GLENN: Well, you won't find that at CNN. Or the administration.

NUGENT: Oh, but when I bring it to Piers Morgan or CNN, my buddy, I can't even think of his name, Anderson Cooper, believe me, when I bring it, their ratings are representative of common sense, I promise you that.

STU: (Laughing).

GLENN: Ted Nugent, we'll talk to you tonight at 5:00 and there's so much more to tell of this story. Thank you very much

NUGENT: God speed, Glenn. You guys are doing God's work. I'm with you.

GLENN: All right. Talk to you later.

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Can you remember the economic crisis of 2008 and how you felt when the news broke that Lehman Brothers had collapsed? I have found an economic threat that everyone needs to be aware of, so you can prepare yourself in case we see another 2008 type collapse. I am going to present the evidence to you and I urge you to verify everything and to form your own opinion.

What is that threat?

It is a bank called Deutsche Bank. They are by far the most dominant bank in Germany which is the world's fourth-largest economy. In 2018 they had €2.08 Trillion worth of assets and the second-placed bank (DZ Bank) had €506 Billion worth of assets. To show you how dominant this bank is, they have more assets than the 2nd, 3rd, 4th, 5th and 6th sized banks combined.
When we review a business there are three key parts to analysis:

  • Market sentiment
  • Business numbers
  • Technical Analysis

Market Sentiment

Deutsche Bank has a long history of potential scandals including going all the way back to World War 2 and dealing in Nazi gold. Below are five recent stories which have increased the negative sentiment around Deutsche Bank.

  1. In 2007, they purchased a portfolio of loans worth $7.8 billion and purchased insurance from Warren Buffets Company. It was discovered they did not set aside enough capital to cover any potential losses. Over the course of the ten years, they lost $1.6 billion, and when they sold the loan they did not update their financial statements to include the big loss
  2. The Panama Papers are an ongoing investigation looking for many things including offshore tax havens. These investigations have resulted in several heads of state resigning including in Iceland and Pakistan. Last November, 170 police raided 6 different offices in Frankfurt looking for evidence of money laundering.
  3. Estonia is a small country in Eastern Europe. It has a population of 1.3 million people and a GDP of €26 billion. In January, it was discovered Deutsche Bank got involved with a Danish bank called Danke Bank and processed over $230 billion worth of cross country payments (including from Soviet Russia) through one bank in Estonia.
  4. There have been rumors of issues with Deutsche for a while now and one of the solutions put forth was a merger with a bank called CommerzBank. The leaders of both companies met and they even got support from politicians. In April, news broke that the merger talks had failed because over worries the risks and costs would be too great.
  5. Last week in France, Investment banking boss Garth Ritchie and others were arrested in France over illicit tax transactions.

Business Numbers

Deutsche Bank is already struggling as they are losing staff, losing market share, and bonuses are expected to be down at least 10% and further rounds of cost-cutting to come. Now imagine the impact if business costs start going up.

The banking industry works in a very simple way. They raise funds through large bonds at low-interest rates and then sell those funds to business and individuals thru products like loans and credit cards at a higher interest rate which results in a potential profit.

Earlier this year, Deutsche Bank tried raising money through several bonds. They paid 180bp (basis points) on a two-year bond and 230bp on a seven-year bond. Let me put this in context for you. There is a small bank in Spain called Caixabank which paid 225bp on a five-year bond and one of the larger banks in Spain, BBVA paid 130bp on a five-year bond.

  • How and why is a small bank in Spain getting a better deal on bonds than a huge bank in Germany?
  • Why is a large bank in Spain getting a bond 100bp cheaper than a German bank?
  • What does the market know that we do not?

Stock Price

Deutsche is also missing revenue projections which further hurt the business ability to survive and prosper. As you can imagine all of this news has a deep and lasting impact on its stock price which is in deep trouble. Before I share the stock price, I need to put this into the context of the market and the industry compared to the big economic crash of 2008. Below you will see a chart of some banking stocks from around the world with their peak price prior to the 2008 crash, the low of the 2008 recession and the price today:

As you can see from the above chart the banks in America have recovered from the 2008 recession by anywhere up 375% and JP Morgan has not only recovered its price in full but is constantly setting new high's. Ireland went bankrupt and had to be bailed out by the EU/IMF following the 2008 crash and even our national bank has more than doubled its price since 2008. The worst performing bank I could find was Societe Generale which has issues but is still hovering around its 2008 low price levels.

Now let's put that into the context of Deutsche Bank. Not only has the stock not rebounded but it is over 65% below its 2008 low at $6.75.

Technical Analysis

When you are dealing with the stock market, you also have people who study pricing through technical analysis. Experts look at things like FIB sequences, trend lines, and support levels. Support levels are a key metric for a stock failing because are looking to find where it will find support and potentially bounce higher.

We are very close to a key support level ($6.40) and if the price goes below this level, there is no saying exactly how low the price could go. At least one company expects Deutsche to fall below this support level, as several weeks ago UBS downgraded the stock to a sell order. This news was compounded last Friday when rating agency Fitch, downgraded their credit rating to BBB or two levels above JUNK status.

Other Information

I know you are likely reading this and thinking "this bank must have smart people in charge and surely they have a plan, right?" I am sure there is a plan and while they have kept their cards close to their chest, they have spoken in the past about the areas they foresee having growth for the company – they include business in Saudi Arabia, UAE, and Egypt. Do they strike you as countries which are stable and will offer steady and reliable growth? Do you have to think really hard to imagine how this could go potentially very wrong?

Questions

I believe there is at least a solid case Deutsche is in a LOT of trouble. So what are possible scenarios for the future? I will lay out the key questions below but I must stress that it's impossible to say for sure what exactly will happen. One of the key numbers to remember here is they have roughly €50 billion worth of derivatives.

  • How likely is it that the bank can turn things around and survive?
  • How likely is it the bank continues to run into trouble, its stock price fails and eventually fails?
  • If you think it is likely it will fail, the question becomes what will the fallout be? Who will be affected?
  • Will they be bailed out?
  • If so, by whom? The German government, ECB, IMF, the Federal Reserve?
  • What will the German government think? Some members recently spoke out saying they would block public money for the proposed merger? Will they block funds if it failed?
  • Will other banks be exposed and affected? Will they have to take losses?
  • Will those losses be spread around or will one or more bank be mainly affect?
  • Will this affect the sentiment of the banking sector and cause a panic?
  • If there are issues and it starts affecting the stock prices, what will be the impact on other industries?

Last Question

The last question revolves solely around the banks and the regulators? How secure are the other banks? We all hear about how banks are now put through "stress tests" but how much trust do you put in those results? How much trust do you have in the regulators?

I know this may make me sound like a conspiracy theorist to some but it's an honest question. The Fed is on public record saying they want to keep this economy strong as long as possible. If a bank did not perform strongly in a stress test or even barely failed one, do you think they would report it?

Can you imagine the pressure that body would come under to stay silent? Can you imagine the rhetoric they would face with questions like, "Are you really going to fail one bank? Do you know how many people will lose their jobs if you do that?" Am I saying this is happening? No, but can you really rule it out 100% as a possibility?

I urge you to ponder on these questions, do your own research and find YOUR answers.

Update: The most freaquently asked question I have received from this column / show is how much time do we have to prepare. This is an impossible question to answer, as it could fail tomorrow, next week or might be next year. However I want to provide you a potential date for your diary – July 24th. That is when Deutsche will release their next earnings report and if it comes in below expectations, it could cause a further drop in price casting more doubt over the future viability of the bank.

Please support Jonathon's weekly podcast which is exclusive to the Blaze Media and available for FREE. He offers a unique perspective by promoting America's Founding Principles and brings every issue back to a set of core principles which are always based around the laws of nature. You can find links to his show by clicking here or by searching for Freedoms Disciple on your favorite audio platform.

Survey: Where do you stand on these conspiracy theories?

Thought Catalog / Unsplash

Have you seen this survey on the most-believed conspiracy theories in America?

It's no surprise the survey has been getting so much attention. The results are actually a pretty disturbing.

Infographic: Belief in Conspiracy Theories in the United States | Statista

I decided to put together a quick survey of my own, with slightly different wording.

Up-vote the ones you agree with and down-vote the ones you disagree with.

I believe Lee Harvey Oswald killed JFK alone. However, I would not be surprised to find out the government sealed evidence that others were involved.

If by "deep state" you mean long-time Washington power brokers who are used to calling the shots and now feel threatened by Donald Trump not listening to their advice or council — yes, I do believe that many people like that are working against him and his administration.

Whether alien bodies are in Area 51 or not, I do believe the government knows more about UFOs than they have told us.

I do not believe the U.S. government was involved in 9/11, but as we know, NSA advisor Sandy Berger was caught destroying documents from the national archives related to both Bush and Clinton. All U.S. administrations have been to close to the Saudis, and the Saudis were involved in 9/11 at some level.

I believe the climate is always changing — it's natural. I would be willing to accept that man MAY play a role in this. But I do not believe in the solutions currently being discussed, nor do I believe the intention of most political activists are pure.

Any talk of the Illuminati provides the true dangers to man's freedom — like very powerful NGOS and men like George Soros — a perfect cover.

The U.S. government has done some horrible experiments on people and land — I also suspect they will do more things in the future. But I do not believe in the systematic spraying of chemicals using chemtrails.

The moon landing was real, but I see a time coming when people will not be able to trust their eyes due to deep fakes.

What do you think?

Let me know in the comments section below.