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40 hours a week just so I can have a place to live. 40 hours a week makes me $2,000 a month
and my rent is $1,660. So I work 40 hours a week so I can have a two-bedroom apartment
and an extra $300 a month. Like, it doesn't cover my phone, internet, food, you know?
So not only do I not have any extra money, but just working makes me so exhausted
that I don't have time either. Like, I get off work at 5.30, come home, I'm just so tired.
Anything that I need to do outside of work, I then just push off to, like,
the weekend and I'm like, I'm just too tired to do this after work. I'll wait until Saturday.
So then I end up with so much to do on the weekend that ends up having to be split into
two days. So I have to do stuff on both Saturday and Sunday. So then I don't get a day off. I don't
get a day to relax. I don't get to decompress. So it is really like working seven days a week.
Personally, that hit home and it hit home for a lot of other Americans. This article just came
out this morning. Coming out just a few hours ago from Zero Hedge, this article titled,
These are the U.S. states with the most low-wage workers. And it's going to indicate all of the
workers that are making $20 or less an hour. And it's also going to add up how much $20 an hour
really is, which is only $41,600. Now that sounds like a lot, but it's not 2019 and 2018 anymore.
Remember, you guys, it's 2025 and the inflation has destroyed everything that we used to know.
It is no longer the world that we once knew. Now take a look at this illustration right here. It
really demonstrates how big this problem actually is. And this is categorizing the states by the
numeric amount of people that are unemployed. So the number of people that are unemployed
and the number one state is my home state of Texas with 38% all workers in Texas making $20
or $41,000 a year or less. You can't afford to live off of that. That represents 5.1 million,
5.1 million workers. Texas is number one poverty state. According to this number two, no surprise
here, California, 24% of all California workers are making under $20 an hour. California is one
of the most expensive places to live on this planet. So the fact that it's number two on this
list is shocking with 4 million of its workers making that less of money, 4 million workers
making only enough to cover barely bills. Number three is Florida 38%. So Texas and Florida match
as far as the share of workers at 38%, but Florida has about 1.6 million less workers
that are making that amount of money sitting at 3.5 million. Now the number four state also
shocking is New York because it's so expensive to live in New York, 26% guys of their employees
in poverty that represents 2.2 million people. Number five is North Carolina sitting at 40%.
That is huge. 40%, 40% of the workers making $20 or less that represents 1.8 million people. And
people are like, why are you talking about Texas, California, and Florida all the time? Well,
they're the actually kind of the biggest States. And that's why we always talk about them so much,
but look at number six guys, Pennsylvania at 30% representing 1.7 million. Now, when I go down to
this list, all the way to Mississippi, you guys see that right here, Mississippi is in the worst
shape. As far as the percentage of total workers over half of the workers in Mississippi right now
can barely afford to keep their lights on. 52% of all workers in Mississippi are in poverty.
That's 581,000. And when we stay in the panhandle and we look at Louisiana, Louisiana is the second
worst state sitting on 45%. And this is percentage of total workers. So 45% of their total workers
living in poverty, that's 781,000 people. When are the elites and the bankers and the federal
reserve and the administration going to acknowledge, just acknowledge the cost of
living crisis we're in? Well, I'm starting to think Mitch that they're never going to
acknowledge that because they're being ran by special interest parties, probably like bankers
that are telling them to continue to curate a situation where the public is unaware of what's
going on so that we who have the money over here can continue to inflate prices. And therefore,
we can make our commission, our bonus, all of those types of things, make their shareholders
happy. But Mitch, what are your thoughts on the federal minimum wage? It's still at $7,
$7 and a quarter. It's been there for a long time, despite the inflation skyrocketing.
States like California are like, oh, we got to do something about it. We got to raise the minimum
wage, right? Which sounds good, but they ended up bankrupting a whole bunch of restaurants.
So Mitch, I guess the question here is, is what's the real solution? How does mom and pop
get back to an affordable life? And can that even be done in America? What do you think?
There's several items in here. So 40 hours of work to pay for an apartment. Well, isn't it
interesting that that's why I started dancing down this road in 2016 when we saw the problem,
because it touches the lives literally of every renter, every property owner, and every person
who simply goes and buys product at a store. Seven elements of real estate tax are inside
of your cappuccino in the morning. So this issue, with regard to the 40 hours specifically,
touches the lives of give or take 42 million households. That's 36.7% of the population,
give or take. The only thing that separates that 42 million people from bankruptcy
is roughly $9,000, of which 7,000, on average, is the property tax. Isn't it interesting that
Texas is at the top of that list? Isn't it interesting that the governments produce
inflation for the sole purpose of eliminating the debts that they have created, not for the
money? There's a lot of people that are committing fraud that shouldn't have jobs.
There's a lot of people that should be in jail. The chief appraisers at the central appraisal
districts, the school district superintendents who average $383,000 per salary. Do you realize
it's just 20,000 short of the President of the United States? I defy anybody to show
a school district superintendent that is doing one one-hundredth of what the President of the
United States is doing. You can't. That shows you the problems. This is creation of debt,
which is an illegal debt based on fraud that has compound cumulative interest attached to it.
Then I want to point everybody to an article that I wrote called,
A Bankrupt Population Is a National Security Risk. I also want to point everybody to,
you can get to it, top left-hand corner of my website is a link that says to go to the articles.
There's another one called The Legacy of Governor Abbott. And then just recently,
as of a week ago, there's the attorney general who made an announcement that the attorney general's
office is opening a 1,000 district investigation with regard to the property tax fraud.
These things are real. These things are starting to stack up. So the answer to Travis's question
is what can we do about it? The answer is everybody has to be involved. You have to
these local Facebook pages. You've got to start challenging city councils directly.
You must challenge the central appraisal districts directly and gain speed en masse
by virtue of talking through these Facebook accounts and through websites. You've got to
be an activist. And we've been saying in the last several weeks, nobody can sit still anymore.
You're going to go bankrupt. Thirty-eight point seven percent, give or take, of the population
is going to go bankrupt or lose the roof over their head. The money doesn't exist to pay these
fraudulent debts. We've proven it. It's irrefutable. It isn't up for debate. It's all over my website.
Therefore, the answer is activism. I couldn't agree more. And if we don't do something right
now, we're going to start hearing a lot more videos like you're about to hear now of Americans
that are struggling.
Damn. I'll talk to you guys later. Bye.
First and foremost, just in case you didn't know this, life is 100 percent
not fair. And we're getting frauded, which is why it's so important that we stick together and we
lift each other up. And so to her, I would say, hang in there and try to cut some costs. I don't
know. You know, it's just the same thing. The mindset is so important. And I went through this
for nine years. I know how bad this is. It's horrible. And that's why I'm saying specifically,
I'm going straight for it, guys. It's your mind. It's your mindset, your soul. It's what you're
feeling. You can take yourself out of poverty mentally, financially, really, really hard.
Save your money, rebudget. We already know that. But make sure you're taking care of your mental
attitude to become completely unaffordable, to live in the United States. And I'm not talking
about luxury lifestyle. I'm talking about basic middle class needs. I run a relocation business
out of Costa Rica. I asked my clients who are a couple from Bushwick, Brooklyn, why they were
thinking of moving abroad. They sent me their monthly budget spreadsheet. So combined, they
make $120,000 a year. And from that, they get to bring home about $7,400 a month after taxes.
Their rent is $3,100 a month. And their health insurance is about to skyrocket to $1,750.
They budget about $1,000 a month for groceries. Their utilities, internet, cell phones, and
MetroCard are another $1,300 or so. So at the end of the month, this leaves them with about $250.
And that doesn't include any unexpected expenses or the hope for investments or the hope for a
savings account. So what they said to me is that this is what running in place feels like.
And the reason that they want to move abroad is because they actually want to move forward with
their lives. Now, you got to be really careful because if you move, your problems will follow
you unless you have a different mindset. I moved. OK, so I moved from California to Texas,
but I understood that my problems followed me and that when I went to Texas, the moment that
my feet hit the ground, I was ready to change my life. And I started out doing rain gutters.
My first job coming to Texas, I was literally scraping out sludge from rain gutters. And I
learned to be happy. I didn't even have a driver's license when I first got started, you guys. I had
nothing. And that's what I'm saying. Trust me when I tell you this. Go to the park. Have fun
with your children. But one thing you don't want to do, you don't want to be rude and you don't
want to be mean to yourself. Now, Mitch Bexler, do you have any advice for any of those three people
that we just listened to? They don't teach economics in school. And this is part of the
problem. And again, on my website, I wrote an article on that exact topic a few weeks ago.
What's missing in all these videos, they can't put their finger on the problem.
They know what they're seeing. They know what they're feeling. They don't understand
what has happened under the hood, which is straight up fraud.
And I want to point something out on that hotel in Conroe because it's very
reminiscent of this entire problem. It's not just the cost to build the hotel.
It's the compound interest on the bonds that have to have a check written to carry that hotel,
to carry that debt. The hotel has roughly $2 million allegedly in net operating income.
That would put the value of that hotel somewhere around $18 million in theory.
The problem is this document that I read and this project is one of the worst ill-conceived
projects I have ever seen in my career. And I've studied thousands of business models.
This thing wasn't real from the word go. What they did is they curve fitted their ego
onto your back as a taxpayer. Wouldn't this be nice? Conroe, Texas had a convention hotel.
Every report, and I've read it, there's 650 some odd pages. Every report connected with this
was wrong. Somebody had an idea. Well, what does curve fit the numbers to stroke our ego
on the back of the taxpayers? In fact, this is so bad. I'm going to forward this to the
attorney general. What's happened here is criminal. This is fraud. And they're continuing
to do so on the back of the taxpayer. If the median household income doesn't exist to pay,
then the bonds aren't worth toilet paper. That's the reality. This city is bankrupted
as a result of this convention hotel. This is 144 million plus debt bonds that can't be paid for.
So these people that are on these videos saying, well, I have to have these jobs.
You have these jobs as a result of fraud in the system. Your property taxes are going to the
school districts. There's a major fraud at roughly 5.1 trillion across the United States.
Your property taxes, if you live in an apartment, somewhere between 20 and 30%
of what you're paying in rent is going towards property taxes. It's a fraud.
The system is full of fraud, which is why we keep saying you've got to get involved and
peel back the layer of fraud. I want to point something out when Travis said, well,
the debts follow you. Well, on one hand, your personal debt. Yeah, your problems. Yeah.
Your problems do. But I received a phone call from a very serious developer and a household
name that everybody would know in the United States are the Palisades in California. They
wanted to de-annex the Palisades. Say, we're done with California. We want the hell out of here.
Well, I asked them very specifically, okay, what are you going to do about the school bond debt?
Because it's on your house. That debt stays with your house. It doesn't matter where you are.
So if you say, we'll just pick on Godley, Texas for a second.
So Godley, Texas has a median house value of $165,000, give or take. Well,
the debt is $120,000. So what is the real value of that house? The true answer
is $165,000 minus $120,000 because the debt stays with the house. It doesn't go away.
Wherever you move, that debt is on that house. You move into a new area, let's say you moved
into Montgomery County in Texas. Congratulations, you just absorbed their debt. Compound cumulative
because they're all in it up to their eyeballs. How many other municipalities have ordered
these hotels? Wouldn't this be nice if we had a convention center to bring business to our
community? The entire theory is flawed. There was never a demand to begin with.
They literally wrote reports to stroke their own ego. I as the mayor, isn't this great? We got this
hotel built. Well, yeah, you as the mayor didn't pay for it. Your citizens did and your citizens
are, and this project is going to have to be put into bankruptcy. This thing doesn't work.
It will never, and mark my words, underline the word never, bold, underline. Will never
generate a profit under its current structure, its current financing, its current hotel operator.
There's nothing on this thing that's right. Absolutely nothing. You may as well get a
D9 dozer, knock the thing down. You got to stop the hemorrhaging. There's an old saying that
if you're in a hole, stop digging. These idiots are digging and they're using your money.
People, members of Conroe, as citizens, they are using your money to perpetrate
what can clearly be defined as the most ill-conceived project probably in the history
of Conroe. Your median household income can't pay for this. So this is exactly why everybody
across the United States has got to get involved in some sort of facebookaccount.com. You've got
to make your neighbors aware of what's happening with the school district bond fraud. You've got
to make your neighbors aware. You have to participate. If people understood what was
going on when this project was conceived in 2019 in Conroe, and people understood that it was
ill-conceived, where are the hotel guests going to come from? Why are they going to come from?
I read the report from CBRE. It's garbage. It's absolute garbage. It was based, well,
we think this and we think that, and this is going to be our performa. They screwed up on
performas. They're missing expenses. They're missing the land costs. None of this was true.
The point was, it was shoved down the throat of the population in Conroe. And the reason why I'm
so boisterous about this issue, I've seen this play out before in bigger communities that could
sustain it because they had a bigger population base. Conroe doesn't have it. This is beyond
bankrupt. What is the true value of this hotel? Under its current structure, it's literally
negative. You can't make money in this structure with this ownership under this level of debt.
It can't be done. The population isn't there to support it.
Speaking about how the population can't support debt, let's go into our next segment. But look
at this, guys. This is just the inflation rate. This doesn't give us a numeric amount of dollars
that this is going up. But look at these inflation rates. I mean, they're absolutely exploding.
My question is, how much of the Dow and the S&P and that growth is really just from money printing?
Now, you guys see right here that this is the Dow annual return. And if you go back and you see,
it is above inflation. But even though it's above inflation as far as the return, I'm wondering,
is that just the money that's being printed and being injected into the market? And that concerns
me because according to this chart, this is a Buffett indicator. There's a lot of room for
the stock market to crash. And if the stock market crashes right now, all those videos
that you just heard, they're going to get a lot worse. And it's going to spread to everyone,
especially if you have a 401k or a pension or something like that that's tied to the stock
market. And even if you don't know what your 401k is tied to, I'm telling you right now,
if the stock market crashes, you're going to be a victim of that.
Now, let's move on and listen to a few more videos of Americans that are boots on the ground
that are going to share with us what they're going through. I have been homeless for over 100 days. I
live here in this Prius, which is a rental car. And I work more than full time. I work more than
50 hours every week. And I can't qualify for an apartment in most states in America today.
Working 50 hours a week and living in their car and can't qualify for an apartment,
I don't need to listen to any more of this. I can already tell you what I would do if it was me.
Well, obviously, I would pray. I'd go out, maybe play some basketball or something like that.
But I would move to another area where I could afford a simple apartment working 50 hours a
week wherever he's living. If he's working 50 hours a week and he can't even afford a shelter,
you guys, odds are he lives in an area that you just can't afford to keep up with the cost of
I am leaving this country, the United States, in 213 days. My son and I are moving there.
And I am spending day after day researching schools, where to live, how to afford this,
visas, taxes, everything. And I'm angry. I'm angry because I shouldn't have to.
I shouldn't have to leave this place. I shouldn't have to walk away
from everything I know. But between I mean, my son got death threats in school recently,
and we know what that can escalate to. And of course, the schools are handling it the way
they should. Between looking for jobs for, you know, month after month after month,
with everything that's going on, with what they're doing to immigrants, with what we are
doing to other countries, I can't be here anymore. I can't breathe here. I am sitting here, though,
worried because I've got two other kids who are in college here, you know, and they're not ready
to leave. And I want to make sure that I've got a place where they can make a soft landing if they
need to get out. I'm dealing with all of this, and none of us should have to. And I know that
there are people that can't leave, and I'm sorry. I am. That doesn't mean you get angry at those
who can. I also empathize with the countries that are being inundated with immigrants. I'm sorry.
But I grew up in an immigrant-heavy city. I loved it. I loved the diversity and everything. I'm not
trying to ask anyone to assimilate to me, okay? I am moving, and I expect to fully have to
assimilate into that culture as much as I possibly can. But for one second,
understand why people are leaving. This isn't just, like, a gimmicky thing. I'm not just leaving
because, like, ooh, Spain's cool. I mean, it is, and it's beautiful. But that's not it.
We're literally escaping fascism. And you're not here, and I know you're not privy to everything
that people are going through here. And we can talk about that on other videos. But I am just
telling you, this is becoming an absolutely inhospitable place for people. What I learned
on Wednesday at the rally is the really sad thing about our leaders, they don't listen to us.
Like, for example, her, if she went to her board and said, hey, help us,
we need your help, you're bankrupting us, they're not going to help. They're going to laugh at you
or just act like they're listening, and they're going to disrespect you and continue to overspend,
fraudulently, I may add, millions and millions of dollars. And it's bankrupting people.
And so, again, we're talking about the Hyatt because the Hyatt is a symbol of overwhelming
debauchery that's happening in my own backyard. We talk about property taxes because, number one,
it's illegal. It wasn't supposed to be like this. And it's a mechanism to allow the overspending
and fraud and wealth transfer to continue. There is so much that's linked to property taxes, guys.
I have literally changed my entire world around abolishing property taxes and holding a corrupt
government accountable. I'm getting battered out there. It's very exhausting mentally and
financially. But that's the answer. That's a solution to all of this. It's you and it's I.
And Mitch, sir, I want to give you the last words. Can you tell the people what a call of action is?
And before I give you the last words, I just want to say, you guys, two more days, I'm going for my
procedure. Pray for me. I'm not joking. And I've already told Mitch, if anything happens to me,
the channel and the website goes to him. So make sure he does a good job if I don't get back from
that. But either way, pray for me, Mitch. Last words. How do we help mom and pop step up, sir?
The fight here is not against people. The fight here is against those who would create the debt.
So I want to go through two quick lists on the debt to GDP. Who has the lowest debt? Macau,
Liechtenstein, Russia at 14, Singapore at 18. Okay, this is Singapore. Let's think this through
here in the United States. What is it? One hundred and twenty seven. Let's talk about
counties in the United States on the debt to income ratio. Who's got the least amount of debt
to income? South Dakota, less than one. Idaho, one point zero six. Nebraska, one point two zero.
Utah, one point three zero. The point of the matter is the fight is against the debt.
When you give people the unmitigated ability to commit fraud, what I'm calling institutionalized
systemic moral hazard, when fraud has been committed and the courts do not allow those
cases to be adjudicated, this is how you end up in the problem that the United States has,
where the debt to GDP is one hundred and twenty seven, give or take. It can't be paid for.
What every single one of these videos that Travis has shown this morning have in common,
it's all debt. It's all debt created by fraud. They just simply went and did it and said,
you can't touch us because we're protected. We have sovereign immunity. Except that that's not
true. That's why the law of ultra virus exists. That's the fight. That's where this has to be.
And it's going to take mom and pop to get involved in order to execute the fight. You're going to
have to start throwing these people out of office. You're going to have to sue them individually,
joint and severally liable for the crimes that they have committed. You're going to have to put
them in a courtroom. Yeah, well, and I'm going to have to show them how to do that, unfortunately,
because that's just my nature. I'm going to show you guys how to do that. I know I said last words
to Mitch, but I just want to say last few things again, talking about and digging into the solution,
advocacy, advocacy. The people have to come up with a solution. The government and the
politicians, we cannot trust them. Number two, maintaining our purchasing power,
understanding that there is pain that's already here and there's a lot more that's going to come.
So again, purchasing power, save money, work as much as you can, all of that normal stuff,
but also knowledge. And that's where our websites come in. Mitch's website, my website, it's all
there, you guys. And something that's really, really important to understand is now we have
success. It's not just property taxes. We also have success for people that have taken my course
and bought a property that has 35% wedge. So we have a mechanism in place if you really want to
learn how to protect yourself, or at least the best odds to protect yourself. It's literally
something you guys can do right now, and we hope you do. Now, other than that, guys, if you're out
there just trying to live your life, you guys already know, we wish you luck, and we hope you
win.