Schiff Sovereign Podcast

Podcast: Why—Bizarrely—This is a Good Time to be Optimistic


Listen Later

On December 26, 1933, US Secretary of State Cordell Hull sat in a conference room in Montevideo, Uruguay, chain-smoking— as usual.

It was just months into Franklin D. Roosevelt’s first term as president. In the midst of the Great Depression, the new administration was trying to turn the page from America’s imperialist era and become (what FDR called) “a good neighbor” in the region.

So Roosevelt sent Cordell Hull— a tall, austere Tennessean to build relationships in Latin America.

Hull was was polite, unshakably formal, and most importantly—stone cold sober in a room full of diplomats who treated every negotiation session like a vineyard tour.

It was perhaps because Hull might have been the only delegate who wasn’t falling-down-drunk that, by the end of the conference, a series of landmark agreements had been signed— everything from women’s rights to non-intervention—including the Convention on the Rights and Duties of States.

Born out of border disputes in South America, this document established the modern legal definition of statehood, with four main pillars:

  • Permanent Population – A stable group of people living in the territory.
  • Defined Territory – Clearly recognized borders, even if not fully settled.
  • Government – An organized central political authority that exercises control.
  • Capacity to Enter into Relations with Other States – The ability to engage diplomatically and sign treaties.
  • I found this interesting this week as the United Kingdom, France, Canada, Australia, and other countries formally recognized Palestine as a sovereign state during the UN General Assembly.

    At a minimum, Palestine doesn’t meet the definition of having an effective central authority—one part of the West Bank is run by the Palestinian Authority, while the other is run by the Israeli military, and Gaza is run by Hamas— a terrorist group that openly targets civilians and uses its own people as human shields.

    In the end, this recognition was just more destructive derangement from the Left.

    It’s ironic that countries like Britain are so concerned about Palestine when they have already utterly destroyed themselves with immigration. So much so, that they now have to cover their mistakes by arresting people for posting online, threatening to arrest others simply for being openly Jewish, or even just looking at the wrong meme.

    Despite this endless track record of failure, the Leftists in charge change nothing.

    Even while holding near-total power in many countries, and dominating single-party cities and states in the US, their policies and ideas are proven failures.

    Yet they still blame the other side while refusing to make a single adjustment or course correction.

    And if you call them out, they won’t argue on the merits of ideas. Instead, they’ll label you a racist, a fascist, or “far-right”.

    If that doesn’t work, they’ll resort to outright violence.

    Today we dive into a number of these failures—from Palestine to Jimmy Kimmel to Iryna Zarutska—and come away with a conclusion.

    To be frank, I’m not sure the UK and Europe are going to recover.

    But America is going to get past this deep ideological divide.

    America has been through worse.

    Back in the early 1900s, anarchists, Bolsheviks, and socialists were blowing up buildings, assassinating politicians, and planting bombs in public squares.

    You might remember the trial of Sacco and Vanzetti from history class—two anarchists convicted of murder in 1920. That wasn’t some isolated case. The left-wing violence of the era was widespread and organized.

    And yet, the country pulled through.

    As crazy as the world seems today, there’s still a lot of reason for optimism.

    That’s what we talk about in today’s podcast episode.

    You can listen here.

    https://www.youtube.com/watch?v=AflS4Y1GEIE

    You can find the podcast transcript here.

    ...more
    View all episodesView all episodes
    Download on the App Store

    Schiff Sovereign PodcastBy James Hickman

    • 4.6
    • 4.6
    • 4.6
    • 4.6
    • 4.6

    4.6

    201 ratings


    More shows like Schiff Sovereign Podcast

    View all
    The Peter Schiff Show Podcast by Peter Schiff

    The Peter Schiff Show Podcast

    5,679 Listeners

    Peak Prosperity by Chris Martenson

    Peak Prosperity

    572 Listeners

    Sprott Money News by Sprott Money

    Sprott Money News

    146 Listeners

    The Tom Woods Show by Tom Woods

    The Tom Woods Show

    3,364 Listeners

    Ron Paul Liberty Report by Ron Paul Liberty Report

    Ron Paul Liberty Report

    2,274 Listeners

    Stansberry Investor Hour by Stansberry Research

    Stansberry Investor Hour

    673 Listeners

    Gold Goats 'n Guns Podcast by Tom Luongo

    Gold Goats 'n Guns Podcast

    337 Listeners

    Palisades Gold Radio by Collin Kettell

    Palisades Gold Radio

    251 Listeners

    Rebel Capitalist News by George Gammon

    Rebel Capitalist News

    1,030 Listeners

    Eurodollar University by Jeff Snider

    Eurodollar University

    464 Listeners

    Doug Casey's Take by Matthew Smith

    Doug Casey's Take

    124 Listeners

    ITM Trading Podcast by The Daniela Cambone Show and Taylor Made Economics

    ITM Trading Podcast

    75 Listeners

    Wealthion - Be Financially Resilient by Wealthion

    Wealthion - Be Financially Resilient

    378 Listeners

    The Jay Martin Show by Jay Martin

    The Jay Martin Show

    74 Listeners

    Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

    Thoughtful Money with Adam Taggart

    405 Listeners