so obviously everyone's familiar with santa claus and while some of us had sleepless nights growing
up wondering how much our naughtiness would count against us he always came through well
very few of us have heard of claus straub but he is leading the charge to take away things from us
everything eating beef to owning cars now my next guest covered this in a video that has
not gone viral no cars for you wef calls for the end to private car ownership joining me
now the car coach lauren fix lauren uh you know walk us through these steps on how eventually
it'll be outlawed to own these combustion engine cars trucks and suvs
yes the world economic forum thinks they know better they're an unelected group of very wealthy
people who meet in davos and make decisions for us they've decided that we only use our vehicles four
percent of the time and they do pollute so they want us to remove them and that we should use
public transportation and ride shares on a global basis and then we don't need vehicles we can just
share them so that makes me think if i only use my bed eight hours a day is someone else going
to use it the other two eight hour segments just the same kind of mindset it doesn't make any sense
yeah so if you're only using it for four percent you're not polluting that much you think they'll
all share all of those private jets maybe instead of flying in 70 of them to doubles they'll all get
on one commercial plane ah that'll never happen because they have their own private limos that
idle all day long with their own private drivers but that's okay for them but not for you and this
is the whole mindset of of the video that's gone viral is people don't realize that this is their
actual goal and the comments have been quite intense maya but on a global basis it may work
fine in the uk if you live in london or you live in some city but here in the united states it does
not work i mean right now consumers need their cars for transportation to get through life there
are so many people that said they were veterans disabled they had you know six kids you can't just
borrow a car i'm with you and i and the thing i love is that that you put this out there because
it's serious i don't think people understand they are serious about this happening and if no one
stands up if we don't stand up it will happen i want to ask you about something i find intriguing
it's been a very mild storm season so far right we've only had three named storms and
no hurricanes right thank goodness the estimate was 15 storms and six hurricanes and the reason
i'm bringing this up the strategic petroleum reserve now is at its lowest level since 1985.
i mean we would be in trouble if this was a normal season but we don't have much we don't we really
shouldn't have to be worried about that i mean you also need a great piece of just how much oil
we really possess right and actually we do possess more oil than people realize we have enough for
over 400 years of the oil we know about today i talked to a bunch of people that work on oil
rigs that work in the oil industry and of course none of them wanted to disclose their name and i
don't blame them but the facts that they told me were quite interesting the fact that we're
getting oil from other countries so we're now beholden to them when we actually have enough
for a very long time and if we start bringing hydrogen vehicles which we're seeing from a lot
of manufacturers we have unlimited supply of hydrogen as well let me ask you i got
about 30 seconds the auto loans i was checking them out recently we're right
on the cusp of surpassing student loan debt is it a bubble would you consider it a bubble yet
i think we're on the downside of the bubble it's going to burst and this is really bad i mean we're
talking about four percent delinquencies over the last 90 days which may not seem like a lot
but we're almost at the highest rate ever there's a lot of car companies that have tried to come up
with ways to help people if you're in trouble but if you're delinquent on your loan we've got 1.3
trillion dollars of outstanding auto investment that's out there just think about all the cars
that you buy use new everything that's a lot of money and that's federal government numbers
so what what happens if if we can't pay those bills so like Hyundai's got the Hyundai assurance
program other car manufacturers have as well so if you're in trouble contact the leaser or the renter
or the loan company and see if you can work out something you don't want to go bankrupt it'll take
you seven years to recover from that you know the way things are going now but maybe president biden
might announce tomorrow night he'll forgive all those auto loans as well why not hey lauren thank
you so much please don't make me horrible thank you all right i always appreciate your expertise