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Cliff Sims

๐Ÿ‘ค Speaker
1691 total appearances

Appearances Over Time

Podcast Appearances

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

Up until just a few years ago, the Thrift Savings Plan was investing in Chinese state-owned companies.

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

I was ahead of my time.

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

All right.

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

So you knew not to sign up before it was cool not to sign up for it.

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

So they had to pass a law to basically say, we shouldn't be doing this.

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

That's just one example.

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

And certainly, members of the military didn't do anything wrong.

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

And the people that are managing those investments on their behalf.

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

But we've got to be willing to say to Wall Street, to Silicon Valley, we've got to call these people out and say, it's wrong what you are doing.

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

And I'm very hesitant ever to draw comparisons to the Nazis.

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

But it's analogous to like, would you have been wanting to be invested in German state-owned companies in the lead up to World War II?

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

Would you have ever invested at the height of the Cold War in Russian companies or Soviet companies in the lead up to the Cold War, in the middle of the Cold War?

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

I mean, there's some real parallels here.

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

But that's not popular to do that.

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

especially for politicians, because those same people that are making a bunch of money off of that are the people that are donating the most money to campaigns in this country.

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

So being willing to take very difficult political stands is another thing that I think is very, very important.

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

And I could go on about this all day, but the other thing that we have to understand is

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

from a principle standpoint.

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

We didn't get here overnight, and we're not going to get out of it overnight.

The Shawn Ryan Show
#136 Cliff Sims - White House Myths, Doomsday Bunkers and Holding the Nuclear Football

The difference between the Chinese threat that we're facing today and what happened with the Soviet Union during the Cold War is that our economies were not intertwined the way that ours are with China.