Summary of Dave Collum: “These clowns can’t even account for clouds” | Tom Nelson Pod #162

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00:00:00 - 01:00:00

In this section of the YouTube video, Dave Collum discusses his controversial views on pedophilia networks and their involvement in geopolitics. He believes that these networks are responsible for the unexplainable actions of politicians and corporate CEOs. Collum also discusses specific cases, such as Laura Ssby and her connections to the Clinton campaign, and implicates the art world as a cover for pedophile trafficking. He mentions a "9010 rule" that suggests a high probability of being wrong, but still mentions Hollywood celebrities who he believes are involved in pedophilia and protected by powerful individuals. Collum's views on this subject are highly unconventional and likely to be met with skepticism from others.

00:00:00 In this section of the video, host Tom Nelson interviews guest Dave Collum about his journey to becoming a gold bug and his interest in market structure. Collum discusses how he became interested in markets in the early 2000s and eventually realized that there was pathological L going on. He also talks about how studying markets and politics led him down a darker path, where he discovered that evil forces were influencing geopolitics. Collum discusses how he has written a single annual blog about his thoughts on the world and how his views have become increasingly dark and difficult to write about in recent years. Collum also talks about how he was once a climate change believer, but became skeptical after realizing that credential experts can completely botch things. He down deep believes in climate change but is not qualified to state whether it is real or not.
00:05:00 In this section of the YouTube video, Dave Collum discusses the findings of his research on climate science skepticism. He initially approached prominent institutions to find out if they had any professors who denied climate change, and was surprised to find that none of them did. Using the internet, he was able to discover that there were many, many reputable scientists who did not believe in climate change, and that journals such as Nature were actively trying to suppress their research. Collum then proceeds to discuss a number of specific scientists who deny climate change, and the challenges that both they and he face when speaking out about their views. He argues that, rather than being a fringe belief, denialism is a matter of scientific orthodoxy, and that he is frequently met with hostility and censorship when he challenges the dominant narrative around climate change.
00:10:00 In this section, the speaker discusses the rising narrative in climate science, which he finds alarming. He uses the example of the lemon trees from the Stanford study, which he thinks could show that papers are being accepted with flawed reasoning. He also talks about the narrative playout of the COVID-19 pandemic, where doctors who didn't want to take the vaccine were silenced and branded as anti-vaxxers. The speaker also mentions the doctors Zoom group he was invited to, where he further discusses his views on the vaccine.
00:15:00 In this section of the YouTube video, Dave Collum discusses his frustration with the scientific community and their lack of ability to explain certain phenomena. He believes that there is an underlying force at play that is pulling on society and causing suffering, and that it is not just a result of human folly. Collum also discusses his stance on the Israel-Palestine crisis, stating that he is not comfortable with the topic and will not be discussing it further. He believes that the media is worthless and has been bought and paid for by external forces. Collum suggests that people are starting to question the information being presented to them, and that climate change is one area where they are looking for answers. He believes that the media has overplayed the concept of COVID-19 and that people are starting to doubt the accuracy of information presented to them. Collum states that he gets joy out of challenging the status quo and believes that it is important to question the information being presented to him.
00:20:00 In this section, Dave Collum discusses his experiences with peer review in academia. According to Collum, peer review serves an important purpose, as it helps to suggest improvements and revisions to a research paper. However, he also acknowledges that the quality of peer review can vary greatly, with some reviewers being more skilled than others. Additionally, Collum notes that the peer-review process can be time-consuming and may involve multiple rounds of edits and revisions before a final version is accepted. Despite the challenges, Collum believes that peer review is an important part of ensuring the integrity and accuracy of scientific research.
00:25:00 In this section of the video, the speaker discusses the issue of drug clearance and the problems with clinical trials, specifically related to the drug Neurontin for neuropathic pain. The speaker argues that the problems lie in the clinical trials, rather than with organic chemists, biochemists, and basic R&D, as some may believe. The speaker also mentions that a group of editors wrote a letter to the FDA in 2014 to address the issue, but their concerns were ignored. The speaker also compares the problems with Neurontin to those of hearing aids, stating that the cost of the drug may be inflated due to regulatory errors.
00:30:00 In this section, the speaker discusses the possibility of using neuroplasticity to treat chronic pain and specifically mentions the book "Healing Back Pain" by John Sarno. The speaker suggests that pain can be dealt with by rewiring the brain and claims that pain is not always physically real. The speaker then shares a personal story of their wife breaking her neck twice and how a doctor missed the second injury, leading to ongoing pain.
00:35:00 In this section, the speaker discusses their views on Robert F. Kennedy's approach to climate change. The speaker notes that while Kennedy's views are considered "wiggy," or not entirely sound, they believe that he is a credible candidate and quick learner. They express optimism that if Kennedy is presented with data on the issue, he may change his views or at least become more informed. Additionally, the speaker notes that they have had a similar path in evaluating Kennedy, shifting their initial skepticism to support after spending tens of hours listening to him and finding him to be "sane" on many issues. The speaker contrasts Kennedy's approach with that of others in the political field, particularly Bernie Sanders, whom they view as a grifter and inconsistent.
00:40:00 In this section of the YouTube video, Dave Collum discusses his views on the Republican Party and their candidates, including Elon Musk. Collum finds Musk's rhetoric impressive, but believes that there are concerns surrounding Musk's past at Silicon Valley and questions about his authenticity. Collum also touches on Trump's alleged corrupt practices and deceit, noting his refusal to debate other candidates. Collum ends this section by expressing his belief that Trump care about America and his distaste for the Democratic Party, who he believes are corrupt for running Biden as their candidate.
00:45:00 In this section of the transcript, Dave Collum discusses his views on the use of pedophilia networks to control geopolitics and is politically incorrect in his comments, likely due to the fact that he believes pedophilia networks are responsible for the unexplainable actions of politicians and corporate CEOs. He is also connected to estranged daughter Whitney Webber, who he occasionally asks for help on potentially controversial topics, such as this belief in a connection between pedophilia networks and the control of geopolitics. Collum's views on the subject are presented in an unorthodox and controversial manner, and it seems unlikely that these views would be widely accepted by others.
00:50:00 In this section, Dave Collum talks about the pedophile trafficking operation that is occurring inside the Beltway and the role of wealthy and powerful individuals. He also discusses a woman named Laura Ssby who was caught twice trafficking children and was eventually freed due to her connections to the Clinton campaign. Collum believes that the real issue lies in the art world and argues that it is a major trafficking operation used to cover up the activities of pedophiles. He also mentions a "9010 rule" that suggests there is a 90% chance of being wrong, but he is namedropping Hollywood celebrities who appear to be pedophiles and are being protected by powerful individuals.
00:55:00 In this section of the video, host Dave Collum discusses the film "Sound of Freedom" and its portrayal of child trafficking. He criticizes the movie, pointing out that the main character, played by Bruce Willis, leaves nine children behind to save one minority girl. Furthermore, Collum argues that the real perpetrators of child trafficking are wealthy and powerful men who abuse children to gain pleasure, like Jeffrey Epstein, Donald Trump's administration, and Omarosa Manigault-Newman. He also points out that Marina Abramovic, a wealthy artist who has been accused of satanic ritual abuse, was recently appointed as an ambassador to Ukraine's school system, raising concerns about child safety and wellbeing.

01:00:00 - 02:00:00

In this section of the YouTube video, Dave Collum discusses various topics including the survivors of human trafficking, the state of the economy, investment strategies, inflation, the impact of private equity firms, the stock market, the missing trillion-dollar issue in economics, and climate change skepticism. Collum shares his insights and observations on these subjects, highlighting the challenges and concerns associated with each.

01:00:00 In this section of the video, the speaker discusses the experiences of survivors of human trafficking and the difficulty in getting accurate records of the number of missing children and the number of people receiving them. The speaker notes that there are excia guys, individuals with a background in the CIA, who have made claims about Satanism and child sex trafficking. He also discusses the challenges faced by survivors in revealing information about their experiences and how easily they can be re-traumatized through brainwashing and other tactics. The speaker mentions some high-profile individuals who allegedly played a role in their lives while in human trafficking, including Prime Ministers and former US presidents. He also notes some people who have tried to help him get on podcasts, including Joe Rogan and Jordan Peterson, and discusses some of the individuals he would hate to debate.
01:05:00 In this section, Dave Collum, the host of Tom Nelson's podcast, discusses the current state of the economy and his predictions for the future. He warns that if unemployment rises and people lose their 401(k)s, the market will become grumpy and there will be riots in the streets. Collum believes that Bank of America is not solvent and there is no mechanism to avoid a housing crisis. He also points out that the debt has to be rolled over, and Cornell University economist Anatole Tsurkin has estimated that interest rates will have to be 12-13% to avoid a housing crash, causing an inflation nightmare. He predicts that the markets will be at the same price 20 years from now but it will take 75 years to get back to that last peak. Collum discusses dividends, stating that dividends in 1906 were 6% but are now one and a half. Collum believes that Bitcoin is overvalued and the government will not allow it to go unchecked.
01:10:00 In this section of the YouTube video, the speaker, Dave Collum, discusses his investment strategy and the lessons he has learned from it. He believes that investing in real estate, gold, and other hard assets is a safer way to protect wealth during times of crisis or market instability. However, he regrets his investment decisions during the 2008 financial crisis when he invested heavily in stocks, and the market crashed. He admits that his mistake was driven by greed, and he failed to consider the possibility of a market correction. Overall, his message is that it is important to approach investment with caution and a long-term perspective.
01:15:00 In this section, Dave Collum discusses the issues with averaging down investments during a bear market. He mentions the example of the Nextend capital, the 2008 financial crisis, and the Fed's failure to take action amid rising inflation. Collum argues that the Fed's actions, such as making money directly available to people, contributed to the inflationary economy that the Fed is now trying to combat. Collum also discusses the problem of inflationary expectations, which he believes is a major issue in the current economic climate. Additionally, Collum touches on his theory that Jerome Powell's primary concern is not just inflation, but also the potential for a financial crisis if interest rates are raised too quickly.
01:20:00 In this section, Dave Collum discusses the current state of the financial markets and the federal reserve (FED). He speculates that the FED is concerned about the 130% overvalued markets they have created and the bond crisis brewing due to interest rates soaring and bond prices plummeting. Collum believes the FED will likely let the pain get deeply embedded in the markets by allowing them to correct themselves, rather than trying to drop rates. He argues that the FED's decision-making is complicated by a committee of "numnuts" who do not understand the financial crisis and its causes. Collum dismisses Bernanke's expertise on the depression and the role of monetary policy in the 1930s, citing the FED minutes of 1926 and Congressional hearings on the froth. He also questions the use of computers in decision-making, suggesting that they lack the ability to make human decisions and overrule their predetermined outcomes.
01:25:00 In this section of the YouTube video, the speaker discusses the impact of private equity firms on the healthcare and housing industries. He argues that private equity firms have gutted these industries of their assets, loaded them with debt, and forced doctors to do seven and a half minute appointments. The speaker also mentions how private equity firms have destroyed the health care system and the insurance system, with companies like Black Rock and KKR buying, gutting, and selling off companies for profit. He argues that the practice of leveraging and cranking up rents on houses is a dangerous business model that may cause a housing crash in the future. The speaker's argument is that private equity firms have prioritized profits over long-term sustainability, leading to problems in the healthcare and housing industries.
01:30:00 In this section, Dave Collum discusses the impact of inflation on the economy and the stock market. He argues that rising salaries can lead to inflation, which will eventually be addressed by the Federal Reserve. Collum uses the S&P 500 adjusted for inflation to demonstrate the difference between CPI and M2 money supply, which is a better metric for inflation. He notes that the market has been flat for the past hundred years when corrected for M2 money supply, and that dividends have become unimportant. Collum predicts a negative 3% compounding rate for the next 40 years, which would signal a multi-decade bear market. He also mentions other prominent financial pundits, like Stephanie Pomboy, Grant Williams, Adam Tiger, Lacy Hunt, Edward Chanler, Warren Buffett, and Charlie Munger, as potential sources of information and insight.
01:35:00 In this section of the video, the speaker discusses the stock jobber who has been called in to save the day but has been insider trading and is breaking the law. He was dealt a bad hand, but he was brilliant in his job, and he's causing problems for other industries. The speaker also discusses the issue of liquidating the market when there's a problem, as the industry is so big that it's hard to get out of the way. The speaker then discusses the issue with Tesla, as their batteries are expensive and can breach, causing severe problems for the end-users. The insurance companies are also facing issues with batteries as they can't tell if they're breached, and this is likely to lead to a significant problem for the car companies. The speaker also discusses the topic of Elon Musk and Tesla, and he believes that they can't make cars, as they only control a small percentage of the car market. Musk has been keeping the company alive by trading stocks, which is working well in the short term, but the speaker questions if Tesla can continue making money in the long term.
01:40:00 In this section of the video, Dave Collum discusses the missing trillion-dollar issue in economics and the idea of profits in economics. Collum notes that there are two data points on the missing trillion-dollar issue; one is the proponent and the other is perceived as complete bullshit. Collum asserts that the one who thinks the missing 10 trillion is complete bullshit has not seen the video of Rumsfeld saying they were missing 2.7 trillion. Collum further notes that surrounding this is a trick question, asking viewers what day Rumsfeld said that they were missing $2.7 trillion. Collum labels himself as well-connected, having connections to Whitney Web, Edward Dow, RFK Jr, as well as other individuals connected to finance. Collum also discusses his previous experiences on chat boards, where he used to chat about the economic mess facing the world. Collum states that he reached out to many individuals in the industry, including Jim Rickards, Steven Roach, Larry Summers, and Elizabeth Warren.
01:45:00 In this section, the speaker discusses their past experiences in tournaments and how they were perceived by others, particularly Koreans who viewed them as the highest rung in the ladder. They also talk about their interest in writing about controversial topics and their belief that when they ultimately win, people will not remember what they said, but will only mourn their losses. The speaker then discusses their current work on a film and their past work in technology consulting and traveling. They also discuss their admiration for others in their field and their continued dedication to their work.
01:50:00 In this section, the speaker discusses the stories of individuals who believe in the climate crisis and the actions and discoveries that make them question their beliefs. The first story is about Shiv Naipaul, the chairman of the physics department at Hebrew University, who wrote an article stating that climate change is largely a result of solar radiation, but it was taken down after it didn't meet the high standards of Forbes' editors. The second story is about John Clauser, a 22-Nobel Prize winner in physics who shouted out, "These clowns can't even account for clouds," during a presentation. The third story is about the study of polar bears and suspension of Fat Bear Championship competition in 2023. The speaker then talks about their own write-up of the story of Tony, which was the story of a misinterpreted coin toss. The fourth story is about Anthony Watts, a climate skeptic, who argued that the Southern winds pushed the ice sheet up, only to have the odds of this happening calculated at one in a billion, leading the speaker to question whether there is a one-in-billion chance that the Southern winds can thicken the ice sheet with such velocity. The fifth story is about the examination of the superposition plots for one year where the ice sheet dips down to Six Sigma, which is the low-level statistical deviation in a normal distribution, further supporting the inaccuracy of the ice sheet situation being attributed to human activities.
01:55:00 In this section, Dave Collum discusses the mysteries surrounding Tony Heller, a climate skeptic who helps expose false information about the climate. Dave Collum is impressed by Heller's work and believes that he is a hero, but he has been blocked on Twitter by Heller. Collum wants to communicate with Heller and is frustrated by the problems with Twitter, including the sudden unfollowing of several popular accounts. Collum also notes that his own Twitter feed has been getting shittier as he gains more followers, and attributes this to the faults of Twitter.

02:00:00 - 02:05:00

In a recent episode of Tom Nelson's podcast,'Dave Collum: “These clowns can’t even account for clouds” | Tom Nelson Pod #162, speaker Dave Collum shared his experience using Twitter as a communication platform, comparing it to a cocktail party. He explains how having more followers can make it difficult to connect with people he wants to see, and how he uses TweetDeck with columns to filter and sort tweets. Collum also discusses a recent interview he conducted with Rudy Giuliani, where they faced audio problems. Additionally, the video touches on the disappearance of a Twitter user, Jim Kramer, and the importance of unfiltered conversations and learning from others. Collum mentions his disagreement with filtering talk and expresses his hope to have more conversations in the future.