The Great Taking with David Rogers Webb - Part 1
Peak Prosperity
Chris Martenson
4.7 • 591 Ratings
🗓️ 15 November 2023
⏱️ 69 minutes
🧾️ Download transcript
Summary
Prepare to be shocked; you don't actually own your stocks and bonds, but instead have a "security entitlement" which is as squishy as it sounds. But who does have the senior-most claim to your financial assets and how did this come about? Tune in to find out.
Transcript
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| 0:00.0 | Hello, everyone. Chris Martinson here of Peak Prosperity with a very special interview for you. I cannot wait to talk with this author of this book called The Great Taking, which we've been reviewing at my website for a while. If you haven't read it, you should. It's something everybody needs to understand. And this is really going to be a real treasure to talk with |
| 0:23.4 | our author today. So today we have our special guest here. The Great Taking, David Rogers Webb, |
| 0:33.0 | David, thank you so much for making the time. I know you're getting to us a little late your |
| 0:36.0 | time over there in Europe, but thank you very much for being part of this program. Can't wait to get |
| 0:40.6 | started. Welcome. Chris, thank you for your interest in talking about this. |
| 0:48.4 | Well, the book is the great taking, and before we dive into it, and we will, which is really |
| 0:53.2 | outlining a lot of layers of |
| 0:55.9 | legalese that sort of surround this, this topic of, well, who owns what? And in this case, |
| 1:02.3 | I'm talking about financial assets. Before we get there, David, what's your background? You |
| 1:07.9 | spent a lot of it in the book, but I just want people to know who we're talking to here and your expertise on the subject. |
| 1:14.4 | Yeah. Well, I mean, I guess I'd say if my life had taken a different track, I would have been |
| 1:22.0 | a scientist like you. I was pretty good at science when I was, you know, a kid and in high school, and I would |
| 1:29.2 | have gone into medicine or, well, that's really the track I was on. But then because of really what |
| 1:41.6 | was happening in Cleveland when I was growing up. |
| 1:46.3 | I decided I needed to understand what was, how business worked, what was happening there. |
| 1:57.4 | And so, you know, my father, my father was an engineer. |
| 2:04.1 | You know, one side of my family was medical people and the other side were engineers. |
| 2:08.9 | And I would, you know, I used to joke with my wife that I was the black sheep of the family because I just went into business. |
| 2:16.7 | So I went to business school and I did a minor in systems analysis, which was basically |
| 2:27.3 | computer engineering software and engineering. And I got a subscription of the Wall Street Journal. |
| 2:41.2 | I really didn't have anybody to guide me |
| 2:43.8 | as to how to do this. |
... |
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