Speaker 1: I want to kind of close the loop on another one of these false allegations
of cancelation and businesses doing the wrong thing. We talked at the top of the show about how
within sort of this reactionary framework of fueling fear and getting people to abandon
critical thinking and rational thought. One of the things that often happens
is that reactionaries will abandon their stated principles. One such stated principle that we
followed on the right for a very long time is basically businesses should be allowed to do
whatever they want if a business wants to do something. If it's not illegal,
then that's it. It's just it's a business decision, and we shouldn't be regulating that.
Of course, they abandoned this very quickly when Twitter says, Hey, you know what? We don't want
anti-vax content on our platform. They quickly say it's violating people's free speech. Twitter
should be regulated, but it's like, Well, hold on a second. I thought you guys were the party
against regulating businesses. This started to come up about a month ago when MyPillow CEO
and Trump suck up. Mike Lindell started complaining, Hey, my bank wants to cancel me.
My bank is telling me they don't want my business anymore due to what they're calling reputational
risk. Now, this is a very standard thing at banks. Banks regularly assess their customers
and and ask questions like, Well, of course, do we believe that this is a fraudulent business if
it is that they don't want to store assets, hold assets for that business? But they also inquire or
think about reputational risk as our association with this business or this individual potentially
going to damage our reputation. And if it is, they could say, we don't want your business. It's a
perfectly reasonable decision that a bank can make. MyPillow CEO Mike Lindell, also known to us
as Mike Pillow. A month ago started saying They're trying to cancel me. They're doing the wrong
thing. This is crazy. They're silencing me all these different things. And we said at the time,
they can do that. This is something banks do. You're supposedly against regulation.
And now indeed, one of the banks that MyPillow uses has cut ties with Mike Lindell. Business
Insider reporting that the Minnesota Bank and Trust is terminating its business relationship
with Pillow. His accounts will be closed two days from now and a month ago, as I told you,
the bank said that Lindell was a reputational risk. Here is pillow on onward Steve Bannon.
And again, businesses making legal decisions, which normally these right wingers love and
defend to the death. These we shouldn't regulate them. Let them do what they want, get out of
their way. And yet here he is complaining. Speaker 2: Tell us what happened today,
sir. Please, sir. Speaker 5: Sir. Well,
I just got served the papers, either closing my account papers and trust. That's Hartline
Heartland Financial Inc. Remember, we brought it up a couple couple of weeks ago, and all of
you reached out to those two there to the bank president staff at Minnesota Bank and Trust. And
I hadn't heard from, well, the cowards served this paper. This paper on Friday afternoon after the
after the bills, the close of business. Speaker 1: How dare they do it on a
Friday afternoon? Speaker 5: They
didn't even bother to sign it. Speaker 1: No, they didn't. They didn't.
So listen, having a bank account is not a legal right. You have to apply to open one.
At one point I had a like a like a lock or a freeze on my credit or something like that, and I
went to apply for a particular savings account and they were like, Yeah, well, no, we can't do it.
And I was like, Wait, wait, hold on a sec. I do. Oh, of course they have that risk, and it's
because I have this block on my credit. I don't have a right to an account at any particular bank,
and they abandon their principles as soon as it's inconvenient. Twitter ban someone. Well,
you should have a right to a Twitter account and Twitter should be regulated. I thought
you guys were against that such regulation, and when we talk about management reserves
the right to refuse service as long as it's not illegal in the sense that they can't say,
we don't allow Christians to have bank accounts, right? Pillow is a Christian or so, he says. If
they said we're not going to allow Christians to have bank accounts, that would be against the law
if they said, we don't allow white people pillow is white, we don't allow pillow to have a bank
account because he's white, that that would be against the law. We don't allow pillow to have a
bank account because he was born in the United States or because he's a man or because he's
heterosexual. That would be against the law. But beyond that, there is a reason we say
management can refuse service to people because they can make business decisions that. Are right
for them, and of course, the truth is, no legitimate business should want anything to
do with MyPillow or Mike Lindell, and so there he is, abandoning his own principles, how dare they?
How dare they do this? But of course they are completely entitled to do it.