THE BANKS PREPARING FOR COMPLETE CONFISCATION! BAIL-INS NOT BAIL-OUTS

Added: 2026-05-07

[00:00:02]Dave Hodgees here, host of the Common Sense Show. We are the show Freeing America One in Slave Find and Time.

[00:00:08]Thank you so much for joining us. Uh I'm going to cut right to the chase today and let me explain philosophically where I want to go with the show.

[00:00:21]um covering Charlie, talking about that legacy and the wonderful things he did, especially for our young adults, that deserved a lot of attention. And then the 180 turn that TPUSA took after his death and pretending they were preserving his legacy when it was anything but.

[00:00:41]And the duplicity of Erica Kirk, and listen, I don't like talking about her.

[00:00:46]I really hesitated because she was the widow. But I don't call her a grieving widow and I don't say that with insensitivity and my intent. It's just everything we've seen and you know it and I know it. The that was important. I'll tell you why the TPUSA dismantling that their their facade of Christianity and caring about the youth. No, they care about their Zionist donors that represent Israel first and putting boots on the ground fighting this illegitimate war that's wrecking our economy and they're all behind it and they're fine with the draft and they'll sacrifice your kids and that's a an allowable expense for them and it's not for me and I had to make sure that they don't get to do what they want to do which is to use our youth so those donations keep coming in and they fly in private jets everywhere, spending more money on one trip than most of you make in a year. This is why I had to take them on and we're going to talk a little bit more about that and combine that with the Daily Wire and Apac and some other things. We're still going to stay on that topic some as it's relevant. But right now, the elephant in the room, the biggest threat we have are the rattlesnakes in front of us, cuz they they're going to reach out and they're going to bite us and it could be lethal. Of course, down my driveway there's a pack of bears. They could tear you limb to limb and you can't outrun them. They run up to 30 miles an hour and you better have a good kill shot because they'll keep coming. I'm using metaphors here to describe TPUSA and Daily Wire and those groups that would use your youth to promote their extra national loyalty.

[00:02:42]Nice way of putting it, isn't it? Um, it's a threat, but the biggest threat to all of us are those dangers right in front of us right now, folks. The biggest danger that we face is a $225 trillion derivative.

[00:03:07]And I'm going to make this really simple. And class is in session. When we come back from the break, class will be in session. I'm going to make it so simple that a third grader could understand this. And I'm not talking down to anybody. I had to learn this the same way everyone else does. This is not taught in schools.

[00:03:28]Most of your finance graduates in college don't know what I'm going to teach you. Yet, we already have the playbook from 2009. It's just that the solution that's going to be forced upon us is a lot worse than what we went through in 2009.

[00:03:49]We have real trouble here in River City.

[00:03:52]To quote an old movie and old musical, we have real trouble and we have to understand what the trouble is so you can know what to do about it. And we're not going to leave you hanging because in the segments we're doing in this show over the course of your listening for about what approximately 55 minutes today, we're going to provide you with some real concrete things you can do.

[00:04:16]Now listen, if you're living handtomouth and your debt is exceeding your income, I'm going to give you the solution right here. And if you're disabled, God forgive me. I I don't have a solution for you. I'm sorry.

[00:04:32]But if you're not disabled, you're going to have to work smarter and harder to stay ahead of this freight train. And then you're going to have to take what you have and you're going to have to make it mobile. And I'm going to explain all that in a later segment. And these are very executable plans. In fact, don't think that I'm talking down from the ivory tower. I'm not. My wife and I are processing this right now. and she has experience of man of managing uh tens of millions of dollars of corporate budget in her background running major major sporting events and managing those budgets and then I've done my own self-education on what's going on with the economy and we're having that discussion as we speak and I got to tell you it's a discussion and it's kind of trial and error So, this isn't meant to be doom and gloom, but if I don't tell you what's here, knocking on your door, that rattlesnake is coiled and ready to strike, and there's two more right behind him. We got a problem. So, one of the things I'm going to recommend to you, and you're saying, "Dave, gold is $4,400 an ounce." Uh, excuse me.

[00:06:01]you still need to buy it if you can.

[00:06:06]And I'm going to make it really clear in a later segment, really clear.

[00:06:13]Okay? But there's something else that you got to do first. And I'm going to come back to the gold in the second segment today in more detail.

[00:06:20]But you know, I work with Ironhawk Financial and they have unlocked or I should say Joe Lombardi has unlocked the secret to making a boatload of money and legally not paying tax on that money.

[00:06:43]And it provides also for end of life care, insurance needs. So I mean he can do all of this for you. Now, this is not for everybody, but it's for people who have a nest egg.

[00:06:54]And I'm telling you right now, what the government's going to do, they're going to do two things. Number one, they're already doing it. They're using your savings to fund their extravagant spending that goes to their political donor class that funnels some of that money back in the form of campaign donations. And you're funding that. It's called inflation.

[00:07:14]But they're ready to do a whole lot more. And we're going to unlock that for you today as we go through this.

[00:07:22]They're going to rob everybody blind.

[00:07:24]And eventually they're going to take control of your money. And I would bet right now that probably 80% of you, and this is not insulting. Trust me, it's not insulting. If I say, "Hey, you don't know how to speak German." That's not an insult. Just where you lived and where you grew up and what you learned. Same thing is true here with this comment.

[00:07:43]What I'm telling you right now is that you have no idea the difference between a bailout and a bailin. I'd say probably 20% of you know. And if you know, pat yourself on the back. You've been in the right place at the right time. And sometimes very intelligent and well-meaning people who aren't lazy or ignorant haven't been in the right place at the right time. So because you don't know this, don't say, "Oh, what was wrong with me? Why didn't I know this before?" Don't beat yourself up.

[00:08:12]don't. But after today, you're going to know better. And I will tell you this, uh, I'm not going to be making friends with the Federal Reserve, with the Trump administration, with my local bank and banks in general.

[00:08:28]You live in a system that if Jesus were alive today, he would walk through every bank and financial sector and do what he did when he chased the money changers out. if you know that biblical story, flipped over the tables and said, "You're out of here. You're ripping the people off." Well, what Jesus went after today, it's worse.

[00:08:56]It's worse.

[00:08:59]And so, I feel you and I and the rest of us, we have to do what Jesus would do.

[00:09:05]Now, I'm not saying you go out and commit violence. You don't have to turn over any tables. You don't have to light the banks on fire or chase the executives of the politicians down the street. That's not what I'm telling you to do. We are totally about peaceful change here in my network of shows that we do, radio, TV, podcast, social media.

[00:09:26]We are about positive and social change.

[00:09:31]And this is going to be a day, a red letter day in the history of the Common Sense Show. And I fully expect we won't be promoted.

[00:09:42]Yeah. I need you to share this with everybody. Please take that as a burden to share with at least five other people because my goal here is to help people survive what's coming. But first, we have to understand what's the number one threat. There's a lot of threats right now. A lot of threats. But I think there's one that stands above everything else if you cancel out nuclear war.

[00:10:05]Well, and that's a possibility that could evolve out of what's going on in the Persian Gulf as well. All right, the $220 trillion derivative exposure is huge. I can help you escape that if you go into Iron Hawk Financial and let them handle your money. They've never lost a dime a client money. They've never had a Better Business Bureau complaint. They got a A+ rating, but they've unlocked the history of getting people on track and making lots of money and not having to pay tax on what they do because it's protected by IRS code 7702.

[00:10:41]You really need to follow up now because it's not one step in cheap. Hey, I'm in and gee, life is great. This is a process you'll go through and it can take about 30, 60, and some people drag their feet. It takes 90 days if they go slow and they let you go slow. They don't put any pressure on anybody and they'll tell you right away if this is not for you. You know, Maryanne, who handles a lot of my traffic that I bring in, she's the COO. Maryanne will tell you, I'm not sure this is for you, you might want to look at X, Y, or Z. And she's even asked me for alternatives.

[00:11:16]They do care about everyone they encounter. It's not just about who we can do business with. So, what do you do? You go to dhhawk.com and fill out the contact sheet and it's painless and absolutely zero pressure.

[00:11:31]But you do need to do this if you're sitting on any money at all because if you do not, you're going to get swallowed up by this system.

[00:11:40]And if you're in this system and you don't have the wherewithal to do the Iron Hawk financial solution, there are other things I'm going to cover with you during the day you can do, but they're not nearly as profitable. That's just a fact. dhhawk.com. And it's interesting where our sponsor is part of the show because this is all blended together.

[00:12:01]There is no distinct commercial end and beginning point because everything I'm going to tell you bears on your economic future.

[00:12:10]And yes, we can be too oriented of money and the root of all evils, the love of money. We know all that from the Bible.

[00:12:15]But you got to have your basic needs met, right? Food, water, shelter, clothing. Think of Maslo's hierarchy of needs. We all need to have those things.

[00:12:25]And I'm trying to help you do these things because when we come out of these crises and I do believe a lot of them are engineered and I'll cover that in a later segment probably tomorrow.

[00:12:36]But there are people who benefit from these crises. You don't and I don't and most of America doesn't. But there are the few that will benefit from this. And so they're just fine with letting things go to hell in a hand basket. They sit back here and they transfer money from you to them. And right now, we're looking at potentially the biggest wealth transfer in the history of the world. Let's get into the derivatives.

[00:12:58]And we should have learned our lesson in 2009.

[00:13:01]The derivatives are supposed to be illegal. Uh well, it's just kind of like uh the Epstein offenders are going to prison. Where's that at? Uh all the people that committed acts of fraud against the US government in 2020, 2024, 2022. Oh yeah, we're going to release the UFO files. Oh, that's that's another story, too. That may end up being true.

[00:13:23]But, uh, the Kennedy files, they just moved them to different agencies. They aren't subject to the order to release.

[00:13:28]Um, yeah, all these things. No perp walks, you know, are you frustrated by that? Okay. Well, the same with the credit swap derivatives. Oh, it's supposed to be illegal, but it's bigger now than it was in 2009, and the monetary volume of this is astronomical.

[00:13:44]This is off thecharts, threatening to everybody. Let me get into some numbers.

[00:13:50]$220 trillion of estimated derivatives debt. Now, I said I'd make this simple for a third grader to understand. Okay?

[00:14:00]So, I'm going to use a cow analogy. It's not perfect, but it'll get you thinking along the right lines. And then we're going to go and talk about what's happening beyond the simple analogy.

[00:14:11]Because once you have the baseline of understanding. Okay. [snorts] So imagine you have a cow and you can sell the cow for $1 and someone buys that cow, but you tell them, "Look, the market's really going to be something here and this cow's rated AAA and so you'll be able to turn around and sell this cow for $5." Oh, good investment.

[00:14:37]Okay. And you can do it with credit.

[00:14:39]That's why they call it credit swap derivatives cuz the credits involved and there's AAA ratings with it. Okay. So, the money had to borrow. You might have to borrow $4.95 to get that $5 cow, but oh, you can turn around that $5 cow owner now has inherited kind of that finance issue.

[00:15:01]Now, he has his own issue. He's going to buy it for $25, but he's been told he can flip that for a hundred.

[00:15:08]Okay. Okay. So, I'll finance most of what I have to pay to get the cow. And then the guy who gets the cow for $100, you got a screaming deal. You didn't quite get in in the beginning, but you still got a really good deal because the market's going going to go crazy. You got still got that AAA rating from the government. Okay? And so, although you had to finance 95 of the $100 you paid, you could flip that for a thousand. And you get the idea, right? You get the idea how eventually you reach a point where no one's going to pay that kind of money for a cow.

[00:15:42]Okay? Well, this is what's happening with debt. I'm going to give you just one example from one sector, but I could talk about 20 or 50 sectors in our economy. Okay? Three subprime auto lenders are now defunct and they were in that chain of credit swap derivatives and they're broke.

[00:16:10]But see, they're not just broke.

[00:16:14]How did the finance reach them to the level to where they couldn't turn and flip this credit to someone new at a higher escalated price?

[00:16:25]See, the ceiling that someone would be willing to pay was reached in these three subprime lenders. Like eventually, if you sell the cow and eventually the cow's $500,000, okay, good. You get a million, you go to a million dollar for the cow. Well, no one's going to pay a million dollars for a cow. So, the guy that bought it for 500,000 is up a creek. But now, from the top down, you have an implosion. from the bottom up. These people can't pay the debt off because the people that owe them the money that financed them to move up that chain can no longer pay that back. And this is what's happened to three subprime lenders in the auto industry.

[00:17:06]They're broke. But see, it affects the banks.

[00:17:10]Not going to break the banks, but it's not helpful that it's hurting the banks, the finance companies that work with the banks, and even down to the dealership level because that affects the rates.

[00:17:23]And also it affects the consumer because now this impacts pricing.

[00:17:29]Okay, I just gave you one example. I think this is really easy to understand, right? So if you go A to Z on a sale chain and Z is your ceiling and it just starts to roll up and it rolls back to what the value should be.

[00:17:46]Maybe that cow is worth $1,000, but it wasn't a million.

[00:17:52]Same with these auto loans. Now, here's what's really bad. Okay, let me go further about how the auto loan can affect people. And this isn't the only industry, people. This is just one example. Almost 80% of us need our cars to get to work.

[00:18:12]It's a problem. The average car payment today is $750.

[00:18:17]This is our third biggest cost.

[00:18:20]mortgage, health, car payment.

[00:18:23]Outrageous 72month car loans. Sometimes they go seven, eight years now.

[00:18:31]And these people are making bad loans because they're desperate. People can't afford to buy their cars and they can't have the cars sit on the lot longer than 90 days that they start to really depreciate in value and they're paying money to the manufacturer that gave them the cars and they're charging them interest and a monthly service fee blah blah and the insurance and all and at 90 days if those cars aren't sold, there's a problem. There's a big problem.

[00:18:59]So now you have all these bad car loans out because they're desperate to move the cars.

[00:19:06]Okay. Now, the credit will keep everybody afloat for a while. But when you start having repossessions, which are at a record rate right now for automobile loans, then just like the cows, the whole thing is going to roll up and it's going to go dead. And this is what's happened to three subprime auto loaners. And this problem is going to get worse because Congress doesn't have the sense to pour urine out of a boot. So, what they did is they did the kill switch in basically making cars not uh garage friendly. So, you could do your own oil or you could take it to your local mechanic and they could do No, you have to go to a dealer and pay three times more. People aren't they're catching on to this. They don't want the kill switch. They don't want the nonsense with the repairs and so they're not buying the new cars.

[00:19:57]This is a huge problem and this exacerbates the car industry. And folks, this is only one industry. The same crap is going on in food. The same crap is going on with stocks.

[00:20:10]It's across the board. I'm just using the cars because I think it's the easiest example to understand. [snorts] Now, when these loans roll up, the banks hold the bag.

[00:20:21]Okay. Oh, but it's okay, Dave. Our money is insured.

[00:20:26]Okay. I'm glad you believe that the FDIC can cover 1.1% of all money in the bank.

[00:20:34]That means they can cover like two banks the size of SVB that failed three years ago. Silicone Valley, right? Silicone Valley Bank, right? That bank and one other bank in New England, name escapes me now, had ate up Federal Reserve capability. They had to go get money from Congress to bail out a third bank.

[00:20:55]Are there more than three banks in America?

[00:20:58]And this is just the auto loan industry.

[00:21:02]Let me say this again. $225 trillion of debt. Now, it's going to get worse. Stay tuned because there's more.

[00:21:10]What happens when the banks are insolvent? The FDIC can't rush in, but they will rush in politically and guminatorilially to run the bank, but they will not rush in with bailout funds. So, here's what they're going to do. Your first step when your bank is in trouble is they're going to limit withdrawals. But how do I know? Because this is going on all over the world.

[00:21:36]Lebanon, Cyprus, I mean Uruguay, not Uruguay, Paraguay, um, Argentina. This is going on all over the world right now. And it's been going on since about 2014. Bank failures are up dramatically across the globe. Your first step, and this is fairly universal. Uh, you can only get so much money out per it's my money. Doesn't matter. DoddFrank 2010.

[00:21:58]Why do you think I say that every time I do a gold ad? Right? Because Godfrank says that once you put your money in the bank, you're an unsecured creditor. They control your assets. That includes your retirements. No one should ever have the retirement associated with the bank.

[00:22:13]Ever. Never. Never. And also your savings, your checking, your money market, everything else. They can bail it in.

[00:22:22]Oh, that comes later. Limit withdrawals.

[00:22:26]Number two, the government may We did this during the Vietnam War. wage and price controls.

[00:22:34]Okay. Well, that was an absolute disaster. So, that step might get uh skipped over, but that is in the scheme of what a lot of countries do that are experiencing systemic bank failures.

[00:22:46]Number three, we could bail out, but wait a minute, we did that in 2009. Too big to fail.

[00:22:54]There'll be tanks on the street if they don't put the banks act to being solvent. Give them the money and we'll decide who wins and loses. Sher and Leman, bye-bye. And other firms on Wall Street. Thanks a lot for the money.

[00:23:07]We're better off than we were before the credit swap derivative cash.

[00:23:13]Okay. So then what happens after that?

[00:23:16]This is where I better have your attention.

[00:23:20]A bail in, not a bailout. A bailout's where the government's going to print more money.

[00:23:26]See, I said most of you would know the difference. This is where you're going to learn it. A bailout, the government prints money, creates inflation, and your inflation is a tax on you, and you're funding the bad decisions that the people that did this crap, who should be in jail, right, they should be in jail for fraud. But nonetheless, these people skate free. They don't feel the consequences of their bad acts, and you're paying for it through inflation.

[00:23:52]It's a silent tax.

[00:23:54]Most people don't understand that, but that's a bail out. Now, a bail in, oh, this is the bad one. And we've got two current examples. One's still ongoing, one I think is resolved. But let's look at Lebanon in 2020.

[00:24:11]They went through all this and they completely shut down their banks and basically gave people an allowance. And this went on not for two weeks or two months or it went on for two years.

[00:24:28]Bail in Cyprus anything over $100,000 of value.

[00:24:35]So that means all your accounts combined. Okay? So you got money market, you got a CD, you got savings, you got checking. Okay? All cumulative, right?

[00:24:45]anything over a h 100,000 they took half of it and then they lowered the threshold from 100,000 to 80,000 I think this was in euros if I remember correctly you get the idea the bailin will be whatever they say but what they're doing is they're stealing money from you and your account to pay off the bad debts that the elite created Okay, stopping there for a second.

[00:25:20]What's happening to the credit derivatives debt now?

[00:25:25]What's the recent report card now? And when I say this, I hope none of you are on a pacemaker.

[00:25:33]You might want to tune out. This is shocking. Now, keep in mind, our cumulative national debt is approaching $40 trillion and it's unsustainable. We're spending more money just paying interest on the debt. We get no bridges out of it, no roads, no education, no nothing. Just paying the interest on the debt is bigger than what the war department does right now. And even though we're at war, it's still bigger.

[00:26:03]Okay.

[00:26:06]What's happened to the debt in the last two quarters? And we're not even through the second quarter. In five months, 28 trillion of derivatives debt has been added to the economy.

[00:26:23]28 trillion. 13 in um the first three months. I'm talking about the last two months in change 15 trillion 28 trillion.

[00:26:45]This is about almost 70% of the national debt based on unreoverable funds that have been lost. It's a Ponzi scheme. the dollar cow is worth a million dollars to [clears throat] somebody for a while until it all rolls up. That's a Ponzi scheme. It's just like the old money game that you see in in neighborhoods when some immigrants came in in the 1800s. It was real popular in places like New York City and San Francisco.

[00:27:18]Okay, I'll give you a dollar, but you can turn around and get two from somebody else and they get four, they can get eight, they can get 16. the Ponzi scheme and then eventually it rolls up, right? There's going to be a level where you're not going to be able to play in that money game.

[00:27:34]This is a huge problem and this is where we're at right now.

[00:27:40]Now, um I'm looking here at my notes and I'm thinking, okay, DoddFrank was passed in 2010.

[00:27:54]Why did they pass a bill that says once you put your money in the bank, they own it. They can determine if you get it or not get it or what the value is because of the derivatives debt in 2009.

[00:28:09]It's worse today with bigger numbers than it was then.

[00:28:16]I've read estimates we got about 20% more, but the exponential growth is already happening right now. 28 trillion dollars in just over five months.

[00:28:27]There's one thing that could help on this though, and that's war.

[00:28:32]And at some point in these segments, I'm going to be covering this, and we've been through this before.

[00:28:39]The same exact scenario, not credit swap, derivatives debt, but huge debt that the banks couldn't cover, and so they went to war. And we're going to talk about the mechanics of that in a later segment to help you understand when uh General Smemedley said what did he say? Uh wars a racket. Yeah.

[00:28:59]If you think this war is going to go away, [snorts] we have a lot to say on this.

[00:29:07]Anyway, um it's not meant to be depressing, but it's meant to get your attention. Are there things you can do?

[00:29:13]Yes, we'll be talking about that in these segments today. There are things you can do.

[00:29:22]But here's what most people will do.

[00:29:24]They live on Someday Isisle. You ever heard of that place? No. It's not by the Hawaiian Islands. It's not by the Virgin Islands. Someday I'll Someday I'll actually pay attention. Someday I'll have a progressive plan to follow.

[00:29:38]Someday I'll make sure that all my exits are covered.

[00:29:43]someday is then you go to bed on Friday and the world you wake up to on a Monday is entirely different.

[00:29:51]That's was the depression of 1929.

[00:29:57]That was what wasn't called a depression but was in 2009 and you paid for it and now they're coming for your assets directly. And you know what we didn't talk about? People don't believe me when I tell you this.

[00:30:10]California has already passed this measure taxing the equity on your home retroactively and it's not even an asset. I'm going to break that down for you later, too. It's not even because your home's worth more on paper. That just means they can tax you more. It It's still the same value with the same buying power as when you paid it. It's just the numbers are bigger because of inflation. And they're taxing you on that basis, property tax, and now they're going to come after your home equity. They're taxing you on thin air. It reminds me of the Beatles song, The Tax Man. Tax you for the air I breathe. Remember that?

[00:30:47]That's what's happening here. So, you've got to have a plan. And first, you have to understand just how bad it's going to be. So, you can plan to lessen the blow.

[00:30:57]I don't think we're going to escape this unscathed, but lessen the blow. Uh, I'm going to give you a general rule of thumb to put in your head in case you go to sleep the rest of the day and don't hear anything else. I do.

[00:31:09][clears throat] You need to move money. It can't sit.

[00:31:14][snorts] Savings accounts are for losers. You keep operating capital.

[00:31:19]Maybe if you are fortunate and blessed enough, you cover about three months of expenses, but then you've got to move the rest of your money and keep it moving. It's called money velocity. And I'll be teaching you about that today, too. I hope I made this understandable, but it's not going to be bailouts.

[00:31:37]It's going to be bailins and you still have your bills to pay.

[00:31:42]They're not going to go away because the banks hang on to your money.

[00:31:46]Stay tuned. We'll be helping you.