Latest / Yaron Brook Show / Tucker Running?; Iran; Griftathon; Yen; Inflation; Cuba; Ceuta; mRNA | Yaron Brook Show

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Tucker Running?; Iran; Griftathon; Yen; Inflation; Cuba; Ceuta; mRNA | Yaron Brook Show · Yaron Brook Show

• 0:39
  Speaker 1: Though radical fundamental principles of freedom, rational, self interest, and
• 0:47
  Speaker 1: individual wise. This is the Uran Brook Show. All right, everybody,
• 0:58
  Speaker 1: welcome to your one book show on this It's those day,
• 1:04
  Speaker 1: August sixth Uh, you guys, give me a thumbs up
• 1:08
  Speaker 1: in terms of sound. Did you hear the music? Are
• 1:13
  Speaker 1: you hearing me? The chat is open so you can
• 1:17
  Speaker 1: use the chat to just let me know. We're still
• 1:20
  Speaker 1: playing around with new equipment. So any help you can
• 1:24
  Speaker 1: provide in in uh, letting me know everything's working is
• 1:29
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• 1:40
  Speaker 1: on sound Mike. Can you hear me? You obviously can
• 1:48
  Speaker 1: see me, all right, nobody's nobody's giving me any feedback.
• 1:55
  Speaker 1: I feel terrible. I don't know if you can hear me.
• 2:01
  Speaker 1: All right, sounds good, sounds good. I assume you heard
• 2:04
  Speaker 1: the music as well. All right, let jump in there.
• 2:07
  Speaker 1: So yes, somebody says President Cat Tolson. Yes, uh, Tecker Carlson.
• 2:18
  Speaker 1: Tucker Coulson is in the news because he has been
• 2:22
  Speaker 1: meeting with other figures who have been a little shunned
• 2:29
  Speaker 1: or excluded from Maga circles and certainly Trump circles, and
• 2:35
  Speaker 1: supposedly they are encouraging Tucker Carlson to run for president.
• 2:42
  Speaker 1: And we're talking about a photograph in a meeting against
• 2:47
  Speaker 1: last night with Joe kent't Marjorie Taylor Green, Thomas Massey
• 2:53
  Speaker 1: all trying to convince Tucker Coulson to run for president.
• 2:58
  Speaker 1: A lot of speculation on line that he is starting
• 3:02
  Speaker 1: a third party, an alternate to the Republican Party. But
• 3:09
  Speaker 1: maybe maybe he's going to challenge JD. Vans for the
• 3:12
  Speaker 1: nomination of the Republican Party. It's how to tell at
• 3:14
  Speaker 1: this point. It's also Tuck has not confirmed that he
• 3:17
  Speaker 1: indeed is running, but he's definitely building support. We'll talk
• 3:24
  Speaker 1: about his show today, which was clearly an articulation of
• 3:28
  Speaker 1: a manifesto for this new political party, and we'll go
• 3:35
  Speaker 1: over we'll go over some of that uh and uh
• 3:38
  Speaker 1: and what he said. Yeah, I mean, he put out
• 3:44
  Speaker 1: a show today called and New Path Forward with kind
• 3:49
  Speaker 1: of ten points. And you don't talk a little bit
• 3:53
  Speaker 1: about I listened to the whole thing. We'll talk a
• 3:54
  Speaker 1: little bit about what he said doing the thing. It's
• 4:00
  Speaker 1: you know, try to tell whether he's serious about this
• 4:02
  Speaker 1: or whether he really will do it or won't do it.
• 4:05
  Speaker 1: But he you know, he's definitely creating. He's trying to
• 4:10
  Speaker 1: create a movement. He's trying to create an alternative political movement.
• 4:14
  Speaker 1: Whether he runs specifically or not, the political movement is
• 4:20
  Speaker 1: being formed. And you know, he positions himself as the
• 4:27
  Speaker 1: only guy standing before, you know, to prevent the United
• 4:31
  Speaker 1: States I mean captured and taken over by foreign elements,
• 4:35
  Speaker 1: by demonic foreign elements. You can imagine what those demonic
• 4:38
  Speaker 1: faign elements. I don't know. Roland said, doesn't demonic position
• 4:44
  Speaker 1: disqualify you from the presidency. He wasn't possessed. I mean,
• 4:49
  Speaker 1: let's be clear, we don't want to store at across
• 4:53
  Speaker 1: his experience with demons. He was scratched. He was attacked
• 4:58
  Speaker 1: by demons. And if believe in demons and their activity
• 5:02
  Speaker 1: in this world was a disqualifier from serving as president,
• 5:06
  Speaker 1: then JD. Vans would be called disqualified as well. I mean,
• 5:09
  Speaker 1: if you remember Jady Vance said he doesn't believe in UFO,
• 5:12
  Speaker 1: he believes this spiritual being maybe demons. Uh you know, so, Uh,
• 5:20
  Speaker 1: Tucker is not the only person who would be disqualified.
• 5:27
  Speaker 1: We have a demon test. Believe in demon you're out.
• 5:33
  Speaker 1: You are completely Some people on the left are really
• 5:37
  Speaker 1: excited like Sank sank Uger members sank from the Young
• 5:42
  Speaker 1: Toks anyway, today, I suppose he when was this posted? Yeah,
• 5:49
  Speaker 1: yesterday yesterday night, Joe Kant went on the Young Tooks
• 5:53
  Speaker 1: Joe Can't uh former official in the Trump White houseational
• 6:00
  Speaker 1: security official who left the White House claiming, you know, uh,
• 6:04
  Speaker 1: Israeli influence and uh and all of that. Joe Kn't
• 6:08
  Speaker 1: went on the Young Tooks and basically said that there
• 6:12
  Speaker 1: was a meeting at Taker Cosson's house where they were
• 6:15
  Speaker 1: trying to convince that core Cosson to run for president.
• 6:18
  Speaker 1: They think jd Vance is too compromised. Uh, and the
• 6:22
  Speaker 1: you know, and and they are going to explicitly target
• 6:27
  Speaker 1: the left, uh and try to create a unity ticket
• 6:32
  Speaker 1: to represent both left and right in America, both left
• 6:36
  Speaker 1: and right in America. Remember, I've been telling you this
• 6:39
  Speaker 1: is coming for over a decade now, well over a
• 6:43
  Speaker 1: decade now. First of all, I told you Tucker would
• 6:46
  Speaker 1: run for president one day. No, we'll see that that
• 6:48
  Speaker 1: that prediction has not come true yet, that that he
• 6:51
  Speaker 1: was angling for that, and he would, he would, he
• 6:53
  Speaker 1: would be a viable candidate, that he he has what
• 6:57
  Speaker 1: it takes. And then I also told you that the
• 7:03
  Speaker 1: recipe for authoritarianism in America, the recipe for future authoritarianism
• 7:09
  Speaker 1: is somehow uniting the left and the right. And it
• 7:13
  Speaker 1: might be that the unity of left and right is
• 7:16
  Speaker 1: different than what I expected. I expected it to be
• 7:18
  Speaker 1: around environmentalism. It looks like it won't be around environmentalism.
• 7:23
  Speaker 1: It looks like it'll be around two basic ideas. Two
• 7:30
  Speaker 1: basic ideas which Tucker Cousin really in beatis one a
• 7:36
  Speaker 1: deep hatred of Israel, and broadly I think anti Semitism,
• 7:43
  Speaker 1: but it won't be expressed as antisemitism. It expressed all
• 7:46
  Speaker 1: in terms of hatred of Israel. And that you know, Sink,
• 7:52
  Speaker 1: You know, I think is very sympathetic to Tucker Causon
• 7:54
  Speaker 1: because they both hate Israel so much. Right, so far left,
• 7:57
  Speaker 1: far right uniting over the issue. And uh, I think
• 8:02
  Speaker 1: Tucka is definitely angling for that. Sank. By the way, also,
• 8:06
  Speaker 1: I didn't mention this, but a few days ago I
• 8:09
  Speaker 1: saw I saw a thing where Sank said Ukraine and
• 8:14
  Speaker 1: is not just you know, uh, Ukraine is not just
• 8:17
  Speaker 1: like Israel. You know. I I don't support Ukraine just
• 8:20
  Speaker 1: like I don't support Israel. They're just as bad. I'm sorry,
• 8:24
  Speaker 1: I ever supported Ukraine. So the Fall Left, which used
• 8:27
  Speaker 1: to some of its people, used to support Ukraine. You know,
• 8:32
  Speaker 1: Sank is moving away from that. He doesn't support Ukraine. Right,
• 8:36
  Speaker 1: So they are explicitly now unequivocally anti West, anti civilization
• 8:45
  Speaker 1: and uh and and further barbarians out there in the world.
• 8:48
  Speaker 1: So yeah, Tucker Couson wants to form a third party,
• 8:52
  Speaker 1: a new party with as we said, Joe Kent and
• 8:56
  Speaker 1: Marjichelli Green and and uh maybe a mass on and
• 9:01
  Speaker 1: and the one thing where they would attract the left
• 9:05
  Speaker 1: is going to be, uh, hatred of Israel. The second
• 9:10
  Speaker 1: the second is which is has bad appeal, but we're
• 9:17
  Speaker 1: also left and right will unite is a deep, deep,
• 9:23
  Speaker 1: deep hatred of capitalism, a real hatred of capitalism. Tucker
• 9:28
  Speaker 1: hates capitalism. We'll get to that in a little bit.
• 9:32
  Speaker 1: He resents it, hates it, he hates Wall Street, he
• 9:36
  Speaker 1: hates the idea billionaires and trillionaires. And on that Sink,
• 9:40
  Speaker 1: who represents the Fall Left, completely agrees with him. They're
• 9:44
  Speaker 1: completely on board on this stuff. Right, So you've got
• 9:50
  Speaker 1: you've got uh Tucker Cross and I think attracting kind
• 9:55
  Speaker 1: of a working class, the socialist of America, you know,
• 10:00
  Speaker 1: talking about he mixes in this deep patriotism supposedly love
• 10:05
  Speaker 1: of America. He doesn't what America is, but he talks
• 10:08
  Speaker 1: about love of America and a beautiful America and making
• 10:11
  Speaker 1: America beautiful again. And half of what he says sounds
• 10:16
  Speaker 1: really really good, and the half the other half he says,
• 10:19
  Speaker 1: is completely nutty. You can you can listen to his
• 10:22
  Speaker 1: show today an hour and a half, an hour and
• 10:24
  Speaker 1: forty minutes of his ranting about this stuff. So yes,
• 10:29
  Speaker 1: I think Tucker really could appeal to the left. Much
• 10:35
  Speaker 1: of what he says. He talked today extensively about debt slavery.
• 10:40
  Speaker 1: We'll get to that, But how debt is slavery? That's
• 10:43
  Speaker 1: that's straight out of the left playbook. So yeah, a
• 10:49
  Speaker 1: third party that unites the left and the right under
• 10:52
  Speaker 1: the authoritarian banner of Tucker Calson not crazy, not completely
• 11:01
  Speaker 1: absolutely naturally insane. It might be happening, might be happening
• 11:07
  Speaker 1: in front of our eyes. I mean, if somebody says
• 11:12
  Speaker 1: the DSA united with the Islamic religion islam myst religion. Yeah,
• 11:17
  Speaker 1: to some extent, that's true. But Tuka is very friendly
• 11:22
  Speaker 1: to Islam. I mean, he's a huge fan of the
• 11:25
  Speaker 1: of Karta and Katari is is the worst of the Islamists.
• 11:30
  Speaker 1: Katari is the Muslim brotherhood. Qatar is the base of
• 11:33
  Speaker 1: the Muslim Butdhood, the center of the Muslim brotherhood, and
• 11:36
  Speaker 1: it is the fund of Islamism around the world. And
• 11:41
  Speaker 1: the Katari's are you know, Taka Carlson's friends. So I
• 11:46
  Speaker 1: don't think, I don't think Taka is anti Islam. He's
• 11:53
  Speaker 1: talked about the fact that Churia law is a beautiful thing,
• 11:56
  Speaker 1: that Churia is beautiful. It's far better than the secular
• 12:00
  Speaker 1: you know, the secular crap of the left. So you know,
• 12:02
  Speaker 1: Taco I think could unite Maga with elements of the
• 12:06
  Speaker 1: left with the Slamists. And yeah, I mean he would
• 12:12
  Speaker 1: get Abdulla the new Democratic candidate for for Senate for Michigan. Uh,
• 12:20
  Speaker 1: And yeah, I mean there's a there's a real there's
• 12:25
  Speaker 1: a real chance for a political coalition there. And you know,
• 12:33
  Speaker 1: you'd think the Tucker costs In is so insane and
• 12:37
  Speaker 1: stupid and ridiculous and anti Semitic and and uh hate hate,
• 12:43
  Speaker 1: hateful of America and of American values that he could
• 12:47
  Speaker 1: never win, you know, I I think that's probably that's
• 12:54
  Speaker 1: that's a false estimate. I think Tucker could win. I
• 12:58
  Speaker 1: I mean, and and I've said this from the beginning,
• 13:01
  Speaker 1: Tucker would be a thousand times more dangerous than Donald Trump.
• 13:04
  Speaker 1: Tucky is smart, Tucky is smant. Oh. He would also get,
• 13:08
  Speaker 1: as Am says, he would also get the Dave Smith
• 13:11
  Speaker 1: libertarian faction. The Dave Smith Libertarian faction is very small.
• 13:16
  Speaker 1: So I don't know how many people, how much you know,
• 13:18
  Speaker 1: electoral power that'll give him, But he definitely gets the
• 13:22
  Speaker 1: sink left, which is quite a bit. But how to
• 13:29
  Speaker 1: tell how how serious this is. It seems serious just
• 13:34
  Speaker 1: based on how many people are talking about it and
• 13:38
  Speaker 1: the very fact that Tucker did a whole show today
• 13:42
  Speaker 1: basically laying out his agenda, his you know, his vision
• 13:50
  Speaker 1: for America. If you will, it's a ten point vision.
• 13:53
  Speaker 1: We'll go over it and and extrapolate and repeatedly, his
• 14:00
  Speaker 1: the visual comes up, stred, the viewsery and finance comes
• 14:03
  Speaker 1: up repeatedly. His attacks on capitalism come up, uh and uh,
• 14:11
  Speaker 1: his attacks on free trade, on on on kind of
• 14:16
  Speaker 1: I don't know, liberalism, nic classical liberal ideas, which he
• 14:20
  Speaker 1: despises and he completely rejects. So it seems like it
• 14:25
  Speaker 1: seems like he's yeah, it seems like he's uh, he's
• 14:30
  Speaker 1: moving in that direction. Oh so, so he started out,
• 14:34
  Speaker 1: it's a ten I think it's a ten point ten
• 14:36
  Speaker 1: point plan, each focused on one word, right, and then
• 14:40
  Speaker 1: he extrapolates on him again. There's an hour and forty
• 14:43
  Speaker 1: minute video today articulating all this, and you can go
• 14:47
  Speaker 1: watch it if you want to. Wait, if you want to.
• 14:50
  Speaker 1: I was going to say, waste the time, but really
• 14:52
  Speaker 1: understand more fully what he's about. I'm going to give
• 14:57
  Speaker 1: you a very quick you know, I don't have a
• 15:02
  Speaker 1: transcript of it. I wish I did. I should have
• 15:04
  Speaker 1: asked chetchypetif you give me a transcript of it, but yeah,
• 15:10
  Speaker 1: and I could have. I could have marked that up.
• 15:11
  Speaker 1: But so I'm just working off of some notes and
• 15:15
  Speaker 1: off of uh ernestin of I'm asking Chatty patif you
• 15:24
  Speaker 1: can get it Tucker's true today. I'm just curious where
• 15:33
  Speaker 1: the chat chepe he can do it. So let's let's
• 15:37
  Speaker 1: let's sell the first one. So the first one is fair.
• 15:45
  Speaker 1: So Tucker wants a fair America, and his vision of fairness, well,
• 15:53
  Speaker 1: he doesn't elaborate too much about it, and he certainly
• 15:58
  Speaker 1: doesn't talk about it in terms of any principles. Look,
• 16:01
  Speaker 1: Tucker doesn't talk in principles. Partially, he's smart, so he knows,
• 16:06
  Speaker 1: he knows his audience. He talks about all these issues
• 16:12
  Speaker 1: very much from the perspective of his audience, from how
• 16:16
  Speaker 1: they approach things, and his audience are mostly pretty simple.
• 16:21
  Speaker 1: So when he talks about fanness, he talks about you know,
• 16:24
  Speaker 1: the everybody should equal before the law. He does not
• 16:29
  Speaker 1: our rights, for example, He never mentions individual rights. He
• 16:33
  Speaker 1: never mentions that. He talks about political equality. People should
• 16:37
  Speaker 1: be treated by the law the same way. And he
• 16:42
  Speaker 1: said at some point, yeah, if you make more money
• 16:45
  Speaker 1: and you have more money, that's okay. But if you
• 16:47
  Speaker 1: make it and he says, there's too much, too many
• 16:52
  Speaker 1: you know, rich people are rich because of corruption, and
• 16:57
  Speaker 1: you know, he's right. So here he talks about he
• 17:00
  Speaker 1: talked about Trump, he was you know, he kind of
• 17:03
  Speaker 1: indicated his criticism of Trump and Trump's corruption and preferential
• 17:08
  Speaker 1: treatment for certain people. He talked about jeffy Epstein. Of course,
• 17:12
  Speaker 1: that's a big issue that that Tucker Coussin is going
• 17:17
  Speaker 1: to bring up over and over again. The Jeffy Epstein
• 17:20
  Speaker 1: class of people, kind of the rich, the famous, you know,
• 17:26
  Speaker 1: that is who he considers kind of the Jeffrey Epstein
• 17:31
  Speaker 1: a class. And uh yeah, I mean his episode today
• 17:39
  Speaker 1: was called Rebuilding America after the Great Betrayal, Rebuilding America
• 17:43
  Speaker 1: after the Great Betrayal. Good title, good title. I don't
• 17:48
  Speaker 1: think I don't remember him saying what the Great betrayal is.
• 17:51
  Speaker 1: Maybe the great betrayal is what he calls the the
• 17:54
  Speaker 1: Uni party, the fact that both parties are the same. Anyway,
• 17:57
  Speaker 1: So he criticized Trump to his credit for for the
• 17:59
  Speaker 1: core that Trump is involved in, and for the Jeffrey
• 18:03
  Speaker 1: Epstein connection. He criticizes billionaires and trillionaires or whatever. He
• 18:10
  Speaker 1: indicates criticism of them, and and just the fact that
• 18:15
  Speaker 1: the system is corrupt, and he doesn't explain how you
• 18:21
  Speaker 1: get rid of that corruption. He doesn't explain any in
• 18:23
  Speaker 1: any kind of principle, the way what you do about
• 18:26
  Speaker 1: that corruption, you know, how you address it. He just
• 18:30
  Speaker 1: you know, basically it's like Trump, right, things are horrible,
• 18:37
  Speaker 1: Trust me, I know how to clean it up. That
• 18:39
  Speaker 1: That's basically what he's saying. And so he wants to
• 18:43
  Speaker 1: get rid of the corruption. He wants to dry the swamp.
• 18:46
  Speaker 1: He wants to get rid of the swamp animals. What's new?
• 18:51
  Speaker 1: Who doesn't want to do all that? And he wants
• 18:53
  Speaker 1: everybody to be treated equally. Okay, that you know that.
• 18:58
  Speaker 1: That's it's hard to argue with that. It's what makes
• 19:03
  Speaker 1: Tuck appealing, right, is that he mixes up stuff with
• 19:09
  Speaker 1: you know, two stuff with complete made of stuff like
• 19:15
  Speaker 1: number two. So the first one is fair. We want
• 19:17
  Speaker 1: to live in a fake country. We need new political
• 19:20
  Speaker 1: leaders that will make this country fair. And he said
• 19:23
  Speaker 1: it's not hard to do, it's easy to do it.
• 19:25
  Speaker 1: Didn't explain how to do it, so it's easy to
• 19:27
  Speaker 1: do it. And we need new leaders to make this
• 19:29
  Speaker 1: country fair to stop the corruption. Second, we need sovereignty, right,
• 19:36
  Speaker 1: We need America to be working in America's interests. And
• 19:40
  Speaker 1: America doesn't work in America's interests, it works in other
• 19:43
  Speaker 1: people's interests. And of course he raises Israel as the
• 19:46
  Speaker 1: main culprit here that manipulates American politicians to work in
• 19:50
  Speaker 1: Israeli interest but he did say, no, it's not the
• 19:53
  Speaker 1: only country. The other countries are other people. And he
• 19:55
  Speaker 1: said it's not just foreign countries. It's all a lobbyist
• 19:59
  Speaker 1: in general. And and you know, but the job of
• 20:02
  Speaker 1: politicians is to work in America's self interest, in America's interests,
• 20:08
  Speaker 1: and we don't have that sovereignty, right, And he said
• 20:13
  Speaker 1: Israel pushed the United States into Iran war through bibery
• 20:17
  Speaker 1: or threat or both. I think when he talked about fantasy,
• 20:20
  Speaker 1: also talked about the fact that Israel had committed genocide
• 20:23
  Speaker 1: and America funds it. And he compared Israel to the Nazis,
• 20:29
  Speaker 1: not directly, but by implication. He mentioned them in the
• 20:33
  Speaker 1: same sentence. So it's very he's very clever in how
• 20:36
  Speaker 1: he does this. I mean, he he reads off of
• 20:38
  Speaker 1: a script and it's very well written, and he knows
• 20:41
  Speaker 1: exactly what he's doing. So the attacks on Israel go
• 20:45
  Speaker 1: through most of this, right, So he wants he wants
• 20:50
  Speaker 1: to regain sovereignty, so get rid of all this foreign influence.
• 20:54
  Speaker 1: And of course sovereignty is also it stopped the immigration
• 20:58
  Speaker 1: and control the borders. And he said, basically we should
• 21:02
  Speaker 1: we should basically make we should basically make immigration. We
• 21:12
  Speaker 1: should stop immigration. We don't need them, he says, we
• 21:14
  Speaker 1: don't need them. We don't need immigrants, So we should
• 21:17
  Speaker 1: stop all immigrants. Is basically as approached for now. For now,
• 21:21
  Speaker 1: you know, maybe later we'll need them, and maybe later
• 21:23
  Speaker 1: we'll open up the border again. But for now, we
• 21:25
  Speaker 1: need to stop all immigration. And then he said, you know,
• 21:31
  Speaker 1: one of the ways in which people are not sovereign
• 21:34
  Speaker 1: over their own lives is that Americans have taken out
• 21:37
  Speaker 1: a lot of debt. And he said, debt is I mean,
• 21:44
  Speaker 1: you can't control your own life. He basically said, debt
• 21:48
  Speaker 1: is a phone of slavery. Debt is slavery. Then he
• 21:53
  Speaker 1: goes into the whole thing about usually about you know,
• 21:58
  Speaker 1: companies shouldn't be allowed to charge high Answest rates or
• 22:00
  Speaker 1: maybe any interest states. I don't know. He does this
• 22:03
  Speaker 1: by the way. He attacks es you, He attacks finance,
• 22:05
  Speaker 1: he attacks Wall Street, he attacks people taking on debt.
• 22:08
  Speaker 1: And then he breaks for a commercial break right where
• 22:12
  Speaker 1: he is pitching a sponsor, and his the sponsor he
• 22:17
  Speaker 1: was pitching was American Financing. They give out mortgage loans,
• 22:24
  Speaker 1: but they care about you because it's about Americans, so
• 22:27
  Speaker 1: they give you a good deal. So if you're gonna
• 22:30
  Speaker 1: take on debt, take on debt, you know, take on
• 22:31
  Speaker 1: debt with American Financing. So just the position of him
• 22:36
  Speaker 1: talking about how debt is slavery and how usually is
• 22:41
  Speaker 1: evil and charging interest is bad and nobody should have
• 22:44
  Speaker 1: a lot of debt and then encouraging his listeners to
• 22:46
  Speaker 1: take on a mortgage backed by his sponsor, American Finance.
• 22:52
  Speaker 1: That was that was really, really, really funny. It was
• 22:57
  Speaker 1: really funny. Right, he endorsed the mortgage lender. We have
• 23:01
  Speaker 1: a commanded American financing. He says. They're called America's Home
• 23:06
  Speaker 1: for home loans for a reason. I mean, you can't
• 23:11
  Speaker 1: make it up, right, You think that somebody on a
• 23:13
  Speaker 1: show would think, Okay, maybe today we don't run that ad.
• 23:17
  Speaker 1: And it's not an ad like it's him saying it.
• 23:20
  Speaker 1: It's it's it's it's obviously a pre recorded thing where
• 23:23
  Speaker 1: he comes on and he talks about American financing, and
• 23:27
  Speaker 1: it's it's pretty funny, pretty funny. So, Soverigty, we need
• 23:34
  Speaker 1: to get Americans out of debt. Take responsibility for your
• 23:36
  Speaker 1: own life, and stop going into debt. People. Debt is slavery.
• 23:40
  Speaker 1: You cannot be free, you cannot make choices, you cannot
• 23:44
  Speaker 1: make decisions for yourself when you're in debt. Three we
• 23:52
  Speaker 1: need three is productive. We need to be productive. American
• 23:57
  Speaker 1: needs to build things and make things right and and
• 24:02
  Speaker 1: and we need to stop out still see, and we
• 24:03
  Speaker 1: need to make everything at home. So I kind of uh,
• 24:08
  Speaker 1: what is that called autocracy? Where you you make everything
• 24:12
  Speaker 1: at home? You don't, you don't outsource anything, you don't
• 24:15
  Speaker 1: trade internationally. So you know, he says, the problem with
• 24:24
  Speaker 1: America is it's all about finance, real estate, speculation, sveillless systems,
• 24:29
  Speaker 1: and weapons. That's the only things we can produce. Right,
• 24:31
  Speaker 1: We don't produce, we don't make anything, the standard conservative
• 24:35
  Speaker 1: argument that we've heard from Trump. But the interesting thing
• 24:38
  Speaker 1: was really focused on on farming. Again, he knows his
• 24:42
  Speaker 1: audience farming. It used to be a long time ago
• 24:45
  Speaker 1: people took pride in farming and working on farms. Why
• 24:48
  Speaker 1: do we have fallen labor coming in to pick out,
• 24:51
  Speaker 1: you know, to work on farms. Americans should be working
• 24:54
  Speaker 1: on farms. Americans should own the farms and farming farming,
• 24:58
  Speaker 1: that's the big thing. Why. You know, even criticized ethanol,
• 25:01
  Speaker 1: which is good. He should criticize ethonol. I criticize ethanol.
• 25:05
  Speaker 1: Ethanol is terrible that we produce aluch ethanol. Instead, we
• 25:08
  Speaker 1: should be I don't know, growing fruits, vegetables, grains for eating,
• 25:13
  Speaker 1: I don't know, you know, but farming, farming. I mean,
• 25:16
  Speaker 1: this is the kind of twelve twenty right, going back
• 25:19
  Speaker 1: in time, we were all farmers. We used our hands,
• 25:23
  Speaker 1: material production, that's what's really valuable. Right, And he talked
• 25:28
  Speaker 1: about farming, manufacturing and craftsmanship. It used to be we
• 25:33
  Speaker 1: used to make stuff in America and beautiful crafts and
• 25:37
  Speaker 1: you know, so again it's very it's not exactly kind
• 25:41
  Speaker 1: of the left, but it's there's a Marxist element, right,
• 25:44
  Speaker 1: it's muscle, it's physical labor. That's the value. Right. Why
• 25:47
  Speaker 1: does he hate finance because it's all about the mind.
• 25:51
  Speaker 1: And he never mentions technology, programming attack all about the mind. No,
• 25:57
  Speaker 1: he wants he wants to nobility and the beauty. As
• 26:02
  Speaker 1: he would say in real inquisition marks. From my perspective,
• 26:07
  Speaker 1: real productive activity and once real productive activity, real productive
• 26:12
  Speaker 1: activity is activity engaged with you know, your your hands.
• 26:16
  Speaker 1: It's it's engaged with muscle, craftsmanship, manufacturing, no robot, no
• 26:21
  Speaker 1: robots on the line, only human beings on the line.
• 26:24
  Speaker 1: And farming. And he says, yeah, it's okay to bring efficiency,
• 26:28
  Speaker 1: increasing machines into farming, but only so much, you know,
• 26:33
  Speaker 1: in a sense, only so much. We still think that
• 26:36
  Speaker 1: the farming itself, there's something noble and good about farming itself.
• 26:40
  Speaker 1: So more farming, that's what's going to say for America.
• 26:43
  Speaker 1: That's good. It's going to build America. That's what we need.
• 26:45
  Speaker 1: We need a new political party that advocates for more
• 26:51
  Speaker 1: farming in the age of AI. In the age of AI,
• 26:54
  Speaker 1: what we need is more farming, right And and you know,
• 26:58
  Speaker 1: he he's sore scared of AI. AI is is very
• 27:02
  Speaker 1: dangerous and very bad. I can't figure under which one
• 27:06
  Speaker 1: of these he came up with that, but under one
• 27:09
  Speaker 1: of these categories there was you know, yeah, we need
• 27:14
  Speaker 1: to get we need to really control AI. Politicians job
• 27:17
  Speaker 1: should be to Oh. He said there were two things,
• 27:21
  Speaker 1: two evils in the world right now. One was world
• 27:24
  Speaker 1: War three. And he said, look, Trump, Trump, Trump is
• 27:27
  Speaker 1: moving us towards World War three. He literally threatened to
• 27:32
  Speaker 1: annihilate the Iranian civilization. And Tucker Costum's perspective is, well,
• 27:37
  Speaker 1: that's he wants to use nukes. And if you use
• 27:39
  Speaker 1: nukes then Iran, I mean, how does that end? And
• 27:43
  Speaker 1: ultimately we're going to get World War three. So that's
• 27:45
  Speaker 1: where we're heading. So the danger of world War three,
• 27:48
  Speaker 1: we should really be panicking about World War three and AI.
• 27:51
  Speaker 1: Those are the two things we should be really worried about,
• 27:54
  Speaker 1: really afraid of. That is going to destroy the world. Beautiful.
• 28:02
  Speaker 1: Everything should be beautiful. I mean, the problem is that
• 28:04
  Speaker 1: in America we have destroyed beautiful buildings that were built
• 28:10
  Speaker 1: in the past to build you know, ugly modern building.
• 28:14
  Speaker 1: He called it the uglified American cities, you know, and
• 28:20
  Speaker 1: of course the way he thinks about it is brutalist architecture.
• 28:24
  Speaker 1: A Budalist architecture is really really bad and really really ugly.
• 28:28
  Speaker 1: But you know, that's what we have in our cities,
• 28:31
  Speaker 1: brutalist architecture, graffiti, public drug use, violent crime. These all
• 28:37
  Speaker 1: attacks on the public. And there were all attacks on
• 28:40
  Speaker 1: a sense of aesthetic. And there are all attacks on
• 28:43
  Speaker 1: beauty and cleanliness. And you don't organize our cities should
• 28:47
  Speaker 1: be organized and clean and safe and beautiful and beautiful
• 28:51
  Speaker 1: of course for him means old, right, it's a beautiful
• 28:54
  Speaker 1: means building like we did one hundred years ago, a
• 28:57
  Speaker 1: thousand years ago. Fight that you know, or maybe two
• 29:02
  Speaker 1: thousand years ago, like in Rome, not nothing modern modern
• 29:05
  Speaker 1: would not. I don't think constitute beautiful, right, So yeah,
• 29:10
  Speaker 1: old old style buildings. So he wants beauty, and again
• 29:17
  Speaker 1: beauty for him is old. And he has a segment
• 29:21
  Speaker 1: there about the importance of beauty in our lives, which
• 29:24
  Speaker 1: is actually good. So again he mixes things. He says
• 29:28
  Speaker 1: that actually, yeah, quite good, and he mixes them in
• 29:35
  Speaker 1: with just he doesn't say. He's not always explicit in
• 29:42
  Speaker 1: what he means. He doesn't tell you what beautiful is.
• 29:44
  Speaker 1: He doesn't define beauty. He doesn't tell you what a
• 29:46
  Speaker 1: beautiful city looks like other than it's old. He doesn't
• 29:51
  Speaker 1: tell you what kind of architecture he prefers, other than
• 29:55
  Speaker 1: he implies with the examples he uses that it's old,
• 29:59
  Speaker 1: so old is good, New is bad. I mean that's conservatism, right,
• 30:03
  Speaker 1: That's a tradition bound mentality. It's a tradition bound mentality.
• 30:09
  Speaker 1: So so far we have four. I mean, I don't
• 30:12
  Speaker 1: know if you guys are voting for this party yet, fair, sovereign, Productive,
• 30:15
  Speaker 1: and beautiful. I mean, yeah, I agree with all four
• 30:19
  Speaker 1: different interpretation of the forwards. Fifth healthy, It's really important
• 30:24
  Speaker 1: that Americans be healthy, and it's important that the government
• 30:27
  Speaker 1: makes sure that Americans are healthy and stop punishing and
• 30:31
  Speaker 1: people for being healthy and lying to people about it.
• 30:35
  Speaker 1: I mean, basically, techer costs and embraced make America healthy again,
• 30:40
  Speaker 1: Maha or embraced off Junius again. This is where linking
• 30:46
  Speaker 1: up with the left, you know again there's a unity there.
• 30:52
  Speaker 1: Stop drinking, stop trinking drugs, but stop using drugs. The
• 30:56
  Speaker 1: xanax add to all the SSR rise h All Americans
• 31:00
  Speaker 1: are all half adult, right, so we shouldn't be taking drugs. Now.
• 31:05
  Speaker 1: He didn't mention it, but he was implying, you shouldn't
• 31:07
  Speaker 1: be taking you you know, you're colors, you're lowering drugs,
• 31:11
  Speaker 1: and don't take those those blood pressure drugs, and don't
• 31:15
  Speaker 1: take don't take drugs. He basically said, if I mean,
• 31:18
  Speaker 1: he basically said, if we can return to nature, nature
• 31:21
  Speaker 1: is amazing. And because just return to nature and return
• 31:25
  Speaker 1: to the way to our own biology, you know, we
• 31:28
  Speaker 1: we don't need we don't need modern medicine, you know,
• 31:31
  Speaker 1: he says. He implies that it's all the creation of
• 31:34
  Speaker 1: the pharmaceutical industry just for profit. So very much embraced
• 31:39
  Speaker 1: a A. Rf CA Junior hippies of the left type
• 31:47
  Speaker 1: approach to nature and to and to health and to
• 31:53
  Speaker 1: being natural, and I guess organic or whatever it is
• 31:56
  Speaker 1: that the the latest cool thing to be is so healthy.
• 32:03
  Speaker 1: Who can be against being healthy? Nobody? I mean this
• 32:06
  Speaker 1: is you see, he's really good. He's put these ten
• 32:10
  Speaker 1: together and if he lists just the woods, nobody can
• 32:13
  Speaker 1: be against them. Six Honest, there's another one who doesn't
• 32:19
  Speaker 1: want a politician to be honest, who doesn't want a
• 32:22
  Speaker 1: political party that stands for honesty? Right? Phony Tuck understood
• 32:27
  Speaker 1: what that would meant honesty. He says dumbed officials should
• 32:38
  Speaker 1: be punished for lying to citizens. God imagine if that happened.
• 32:45
  Speaker 1: I mean, they'd all be in jail, They'd all be
• 32:47
  Speaker 1: being whipped or whatever it is the punishment he wants
• 32:49
  Speaker 1: for them. He had a good section on I have
• 32:54
  Speaker 1: to admit he had a good section on too much
• 32:57
  Speaker 1: in America's classified information. And I agree completely with that.
• 33:02
  Speaker 1: Like my guess is that ninety percent of stuff that's
• 33:04
  Speaker 1: classified should not be classified. I mean, let me remind
• 33:09
  Speaker 1: you all, And this is why I support it. Snow
• 33:11
  Speaker 1: did when he came out with what he did. Government
• 33:15
  Speaker 1: is our servant government is our servant, it is our agent.
• 33:24
  Speaker 1: It reports to us. It shouldn't have secrets from US. Now,
• 33:29
  Speaker 1: I get it, certain military operations, certain spying operations. People's
• 33:36
  Speaker 1: lives are at stake and you need to protect them.
• 33:40
  Speaker 1: But my guess is, anyway from eighty to ninety percent
• 33:44
  Speaker 1: of what the government keeps secret from US has nothing
• 33:48
  Speaker 1: to do with any of that. Nothing you do with
• 33:50
  Speaker 1: any of that, nothing you do with national security. Why
• 33:54
  Speaker 1: haven't they released completely the jfcassassination and stuff. Now, I
• 33:58
  Speaker 1: don't think there's a conspiracy, But why is it taking
• 34:02
  Speaker 1: them so long? Why don't they just released all the
• 34:04
  Speaker 1: files related to JFK. It's what is it now? Sixty
• 34:09
  Speaker 1: five years almost. I don't think there's any national security
• 34:15
  Speaker 1: issues there, And for that matter, they should release all
• 34:20
  Speaker 1: the nine to eleven documents everything. Let's see how the
• 34:24
  Speaker 1: government really screwed up in a big, big way. Now
• 34:27
  Speaker 1: that con Corson went to nine to eleven documents to
• 34:30
  Speaker 1: be released because he's a nine and eleven conspiracist. But yeah,
• 34:35
  Speaker 1: there's way way too much, way, way too much stuff
• 34:39
  Speaker 1: that's secret. You know, some stuff again relating to particular weapons, systems, strategy,
• 34:46
  Speaker 1: military strategy and spies. But other than that, everything, I mean,
• 34:52
  Speaker 1: everything else should be wide open. They are our agents,
• 34:56
  Speaker 1: they are they they are our servants. They should report
• 35:00
  Speaker 1: to us. They should let us know what they know. So, yeah, honest,
• 35:13
  Speaker 1: I'm with him on honesty. I'm not sure I want
• 35:16
  Speaker 1: government officials to be punished for lying. I mean the
• 35:19
  Speaker 1: punishment they should get is we vote them out, and
• 35:24
  Speaker 1: that's on us that we don't. So he's running on
• 35:28
  Speaker 1: a platform of we're going to be honest with you
• 35:30
  Speaker 1: and we'll give to release all the files and we're
• 35:32
  Speaker 1: going to have very little that is classified. I'm for that.
• 35:37
  Speaker 1: So this is what I'm with all right, seven optimistic, Optimistic.
• 35:45
  Speaker 1: We should we should be optimistic. We should be positive
• 35:48
  Speaker 1: about the future. Now I'm with him on that, But
• 35:50
  Speaker 1: here's the thing. He on the optimism section in his spiel.
• 35:55
  Speaker 1: In his talk, he spent ninety percent of it talking
• 36:03
  Speaker 1: about children, having children, it being a biological imperative, a
• 36:11
  Speaker 1: foundation for all long term thinking, a foundation, you know,
• 36:17
  Speaker 1: for a society that having children is the most important
• 36:21
  Speaker 1: thing in the world, and everything revolved around having children,
• 36:27
  Speaker 1: and then blaming childless elites for policies that degrade the
• 36:35
  Speaker 1: future because they don't care because they don't have any
• 36:37
  Speaker 1: children in the future. It just went on and on
• 36:42
  Speaker 1: and on about child And here's the thing about Taka,
• 36:45
  Speaker 1: and he does this constantly and again he lies right
• 36:49
  Speaker 1: because he's smart. This is not evasion because it's too
• 36:54
  Speaker 1: explicit and it's not so it has to be a lie.
• 36:58
  Speaker 1: So he says, you know what, Americans are not having
• 37:00
  Speaker 1: enough kids. The population of Natives is shrinking because they're
• 37:06
  Speaker 1: not enough kids. They're not of children. And then he says,
• 37:09
  Speaker 1: you know, you go to other countries and there are
• 37:11
  Speaker 1: lots of kids everywhere you go, and people have children.
• 37:15
  Speaker 1: And why is America behind on this? I don't know.
• 37:19
  Speaker 1: If you've seen the fertility rates across the world. The
• 37:24
  Speaker 1: United States is actually doing really well in compared to
• 37:27
  Speaker 1: most other countries. Who is he talking about? Who are
• 37:31
  Speaker 1: these countries that having lost their kids athlete? You know, Nigeria, Congo, certainly,
• 37:38
  Speaker 1: not South Korea, Japan or China or really any place
• 37:46
  Speaker 1: in Asia. Even India is I think now below replacement.
• 37:52
  Speaker 1: So where the countries are Europe? Oh, it's Europe. Must
• 37:55
  Speaker 1: be Europe because they're white kids. So he would associated
• 37:58
  Speaker 1: with that. But Europe is having fewer kids than Americans.
• 38:03
  Speaker 1: That I mean by a lot, particularly Catholic countries like
• 38:07
  Speaker 1: Spain and Italy. Uh. But across the board Europeans and
• 38:13
  Speaker 1: nowhere near a placements on them are below one or
• 38:16
  Speaker 1: close to one, which is you know, population of Italy
• 38:21
  Speaker 1: is shrinking significantly. So who is he? He always puts
• 38:27
  Speaker 1: America down, Like when he talked about cleanliness and order,
• 38:31
  Speaker 1: other cities clean in order, and he said something like,
• 38:34
  Speaker 1: and you don't need fascism to be clean in order. Right,
• 38:37
  Speaker 1: I'm not talking about fascism. Don't call me a fascist
• 38:40
  Speaker 1: because I want cleanliness and orders. And then he says
• 38:43
  Speaker 1: other countries have that, witch countries. But he's always putting
• 38:48
  Speaker 1: down America. And so where are all these children? Maybe
• 38:53
  Speaker 1: he meant Russia, you know, because he really likes Russia,
• 38:55
  Speaker 1: and he's beat to Russia, and he and he and
• 38:57
  Speaker 1: he went to there. He went to the grocery store
• 38:59
  Speaker 1: in Russia, so he knows. And he's been to the
• 39:01
  Speaker 1: subway station in Russia. The one subway station is really beautiful.
• 39:04
  Speaker 1: And he went to the grocery store and he saw
• 39:07
  Speaker 1: cheap things out there. But Russia is like one of
• 39:11
  Speaker 1: the worst countries in the world interns of fertility. So
• 39:16
  Speaker 1: he that has to be a lie, because that's not
• 39:20
  Speaker 1: a mystery. That's not hidden. Everybody knows that that the
• 39:25
  Speaker 1: United States actually actually is doing you know, it is
• 39:31
  Speaker 1: really not doing well because well by what standard, but
• 39:33
  Speaker 1: it has high relatively have fertility rates compared to the
• 39:36
  Speaker 1: rest of the world. I know this is taking a
• 39:40
  Speaker 1: long time, but I want to. I want to delve
• 39:42
  Speaker 1: into this. If Tacky is forming a new political party,
• 39:44
  Speaker 1: this is big news. And it's important that we that
• 39:48
  Speaker 1: I dismantle as much of it as possible, and you know,
• 39:53
  Speaker 1: and that we that we are part of the fight
• 39:55
  Speaker 1: against whatever it is that he is planning, because whatever
• 39:58
  Speaker 1: is that he is planning is not good. So a
• 40:02
  Speaker 1: little bit more time on this. The other stories are faster,
• 40:05
  Speaker 1: there's less to talk about. Eight is wise, Yes, a
• 40:13
  Speaker 1: new political party needs to be wise. And here it
• 40:19
  Speaker 1: was very confusing what he means by wise, right, he
• 40:22
  Speaker 1: said the school should teach how the physical world actually works. Hmm.
• 40:29
  Speaker 1: Isn't that what we call science? And isn't that what they,
• 40:34
  Speaker 1: at least to some st they do. And he said
• 40:39
  Speaker 1: what he called unchanging facts about human nature. Oh, now
• 40:43
  Speaker 1: you gotta worry. What does he mean about that? Well,
• 40:46
  Speaker 1: he means a lot of different things, our genes and
• 40:51
  Speaker 1: and and how we're segregated by genes. But he also means,
• 40:55
  Speaker 1: for example, and he said, this innate differences between men
• 40:59
  Speaker 1: and women. So this is this anti trans part right,
• 41:04
  Speaker 1: And he said, no credentials those you know, no technological fans,
• 41:07
  Speaker 1: no screens in school, no no iPads, no no computers.
• 41:12
  Speaker 1: We need to be we need to go back to
• 41:14
  Speaker 1: the real education, whatever the hell that is. And what
• 41:17
  Speaker 1: is he arguing it should be and how should it
• 41:20
  Speaker 1: be conducted? Does he have a theory of education, he
• 41:23
  Speaker 1: has any view on it? It was all just a
• 41:26
  Speaker 1: kind of a anti authority. Yet we have to we
• 41:32
  Speaker 1: have to teach how the physical world actually works. How
• 41:35
  Speaker 1: do we do that without experts, without scientists, without engineers,
• 41:39
  Speaker 1: without people who actually know how the world real world works.
• 41:43
  Speaker 1: And smuggled into is not just the issue of gender,
• 41:46
  Speaker 1: but I think they issue us of of maybe differences
• 41:49
  Speaker 1: in races and other things like that. So there's a
• 41:51
  Speaker 1: lots smuggled into the idea of the unchanging facts about
• 41:56
  Speaker 1: human nature, you know, Yeah, I mean people get scratched
• 42:04
  Speaker 1: by demons. That's part of this how the world actually works,
• 42:09
  Speaker 1: is that what he means maybe doesn't mean science. Maybe
• 42:12
  Speaker 1: that's just me being benevolent nine decent. We should be decent, right,
• 42:22
  Speaker 1: And it looks, oh, this is this is actually where
• 42:26
  Speaker 1: he went off in Israel. We need to be decent.
• 42:30
  Speaker 1: We need to be nice and friendly and polite, and
• 42:33
  Speaker 1: and we should commit war crimes and we should apologize
• 42:37
  Speaker 1: when we do and maybe even pay institution when we do.
• 42:40
  Speaker 1: And we should, you know, I mean, he criticized Trump again,
• 42:46
  Speaker 1: which is good for calling the Department the Defense Department,
• 42:50
  Speaker 1: the Department of war. He said, We're not a warmongering country.
• 42:55
  Speaker 1: We only use force in defense. Absolutely good for Tucker
• 42:58
  Speaker 1: Cosson for recognizing that. So again he mixes up good
• 43:02
  Speaker 1: statements with awful statements, with really bad stuff. And then
• 43:07
  Speaker 1: he went on and on about funding Israel and about
• 43:09
  Speaker 1: genocide and about Nazis and about yeah, I mean, really
• 43:14
  Speaker 1: really bad stuff. And this is going to be a
• 43:17
  Speaker 1: big Israel is going to be a big part of
• 43:19
  Speaker 1: their platform. So we need we need to bring back
• 43:24
  Speaker 1: just decency. We need to just be decent human beings.
• 43:27
  Speaker 1: We need to stop being thugs and and ugly people,
• 43:32
  Speaker 1: bad people, all right. Finally, number ten, we need to
• 43:41
  Speaker 1: be united. We need to be united, And here he
• 43:44
  Speaker 1: really went after immigration. We need to stop immigration because
• 43:47
  Speaker 1: we can't be united around immigration.
• 43:50
  Speaker 2: And we need to we need to figure out what
• 43:54
  Speaker 2: AI is going to do and what jobs are going
• 43:58
  Speaker 2: to exist, and when need to end benefits to illegal immigrants.
• 44:02
  Speaker 1: I don't think they get that many benefits. And we
• 44:05
  Speaker 1: need to make English the sole language of federal documents
• 44:08
  Speaker 1: and ballots. I'm fine with that, but yeah, we need
• 44:11
  Speaker 1: to stop immigration because they obstruct ability to be have unity. Right,
• 44:18
  Speaker 1: We're supposed to look the same and think the same
• 44:20
  Speaker 1: and talk the same and have the same language to
• 44:22
  Speaker 1: have unity. I think that's what he thinks. So don't
• 44:29
  Speaker 1: no more immigrants. And AI is scary, and we don't
• 44:33
  Speaker 1: want immigrants until we figured out AI. But by the
• 44:36
  Speaker 1: time we figure out AI, there'll be more stuff we
• 44:38
  Speaker 1: haven't figured out. I mean, hopefully AI is a evolving, innovative,
• 44:43
  Speaker 1: growing technology that constantly is growing and changing. We'll never
• 44:49
  Speaker 1: figure out AI. By the standard, it'll always pose a
• 44:53
  Speaker 1: threat sometime in the future. Anyway, I mean, Tucker's basically
• 45:02
  Speaker 1: become a like an intellectual center point a scent of
• 45:09
  Speaker 1: gravity for the the crazy maga people again like like
• 45:15
  Speaker 1: Marjorie Telly Green and Thomas Massey and Joe Can particularly
• 45:19
  Speaker 1: if they hate Israel and and and and are frustrated
• 45:22
  Speaker 1: by Trump and made a big deal out of Jeffrey Epstein,
• 45:25
  Speaker 1: which is Marjorie Taylor Green and Thomas Massey still neely
• 45:29
  Speaker 1: did uh. They these are the mega people who say
• 45:34
  Speaker 1: Trump is a band in America. First, that the warn
• 45:37
  Speaker 1: Iran is is immoral and wrong, and and and uh
• 45:41
  Speaker 1: just cawtowing to Israel, that the Epstein files were mishandled,
• 45:46
  Speaker 1: and there's a big story there that nobody's already nobody's
• 45:51
  Speaker 1: yet figured out what it is exactly, and yeah, Israel
• 45:54
  Speaker 1: Israel Israel. And then anti finance, anti capitalist, some anti
• 46:00
  Speaker 1: free markets, kind of a national economic policy agenda that
• 46:07
  Speaker 1: is very authoritarian. That is Tucker's new political party, at
• 46:13
  Speaker 1: least it seems like that is what he's launching. Whether
• 46:16
  Speaker 1: he runs for presidents or not, it is really really
• 46:21
  Speaker 1: hard to tell, but it does seem like that's how
• 46:25
  Speaker 1: he's positioning himself. He's positioning himself to run for president,
• 46:30
  Speaker 1: I mean might run in the Republican party. He might
• 46:33
  Speaker 1: run in this third party. If he's going to do
• 46:35
  Speaker 1: a third party, the reality is election in twenty twenty eight.
• 46:39
  Speaker 1: You have to organize now. Now's the time to organize.
• 46:43
  Speaker 1: You have to register in states, you have to raise
• 46:44
  Speaker 1: a lot of money. But here's the thing about Tucker.
• 46:47
  Speaker 1: He has millions of follows, millions of follows. I think
• 46:51
  Speaker 1: his message resonates with a lot of Americans. As I said,
• 46:56
  Speaker 1: he mixes up stuff that Americans can really get it cited,
• 47:00
  Speaker 1: like like farming and you know the patriotism associated with
• 47:04
  Speaker 1: owning land and farming. You know, a resentment of Israel,
• 47:08
  Speaker 1: which is pretty widespread right now. And he kind of
• 47:15
  Speaker 1: stop also seeing to China, bring jobs back, you know,
• 47:20
  Speaker 1: treat American work as well. And we want to make
• 47:25
  Speaker 1: our cities beautiful again, and we want to get rid
• 47:28
  Speaker 1: of crime, and we want to close the border. I mean,
• 47:30
  Speaker 1: those are things that I think today, sadly, a majority
• 47:33
  Speaker 1: of America's believe in. And Tucker doesn't come across as
• 47:39
  Speaker 1: a nut case. He's a like Trump. He's a bigger
• 47:42
  Speaker 1: nutcase in my view, and much more dangerous. He comes
• 47:45
  Speaker 1: across as a reasonable, smart, sharp person. Not everybody has
• 47:51
  Speaker 1: the same response as to his demon story, as we do.
• 47:58
  Speaker 1: He's very religious, all right, so we'll keep watching Tucker
• 48:05
  Speaker 1: Cosson and his political ambitions. All right, quickly, honey, ran
• 48:11
  Speaker 1: Actually before that, I'll just remind you again ask questions.
• 48:15
  Speaker 1: It's a great way to support the show and get
• 48:16
  Speaker 1: me to talk about things you want me to talk about.
• 48:18
  Speaker 1: So super chats please. We are one hundred dollars short
• 48:22
  Speaker 1: of our first hour goal and we're definitely getting it
• 48:27
  Speaker 1: into the second hour because we've only got ten minutes.
• 48:29
  Speaker 1: So we've got ten minutes to make the first hour goal.
• 48:32
  Speaker 1: So see if you can make that happen self. Subscriber
• 48:35
  Speaker 1: just helped a lot by asking a fifty dollars question,
• 48:38
  Speaker 1: and you know, another sixty dollars and we're there. So
• 48:43
  Speaker 1: jump in with stickers, with questions, whatever you want, all right.
• 48:48
  Speaker 1: I also wanted to tell you tomorrow I will be
• 48:51
  Speaker 1: the whole show will be a review of the Odyssey.
• 48:54
  Speaker 1: So if your thoughts about the Odyssey, hopefully you've seen Odyssey,
• 48:57
  Speaker 1: if your thoughts about it, you want to share them
• 49:00
  Speaker 1: and ask questions about it and so on. I will
• 49:03
  Speaker 1: be talking about the Odyssey tomorrow. And if there's breaking news.
• 49:06
  Speaker 1: If there's big news, I'll talk about that. But short
• 49:09
  Speaker 1: of anything significant in the news, I will talk about
• 49:12
  Speaker 1: the Odyssey. All right. A lot of people are reporting
• 49:17
  Speaker 1: that their negotiators are very close to deal with Iran
• 49:21
  Speaker 1: to open the Strait of Homo's. I talked about this
• 49:26
  Speaker 1: yesterday a little bit where Tehran will get oversights of
• 49:28
  Speaker 1: the ships entering the Persian Gulf and Oman would get
• 49:34
  Speaker 1: control over ships exiting the Strait of Homos. But the deal,
• 49:40
  Speaker 1: as you know, the latest versions that the Wall See
• 49:43
  Speaker 1: journals are reporting on that others are reporting on, say
• 49:47
  Speaker 1: that it wouldn't let you on have a levy, have
• 49:52
  Speaker 1: a toll on the transiting ships all for that matter,
• 49:57
  Speaker 1: a service fee. It turns out that actually marriage insurance
• 50:03
  Speaker 1: doesn't allow ships to pay a toll and to pay
• 50:06
  Speaker 1: a service fee. So even if they passed this, insurance
• 50:10
  Speaker 1: companies might not insure ships or they would withdraw the
• 50:13
  Speaker 1: insurance for ships that that you know, participated in this,
• 50:18
  Speaker 1: so it wouldn't actually open up the straight. So it's
• 50:21
  Speaker 1: it's it's hard to tell. Supposely the parties agreed on
• 50:25
  Speaker 1: the main points of the draft, would would set up
• 50:28
  Speaker 1: the inbound lane near Yuan and out by Laneyman, and
• 50:32
  Speaker 1: they shared it with the United States and other countries
• 50:35
  Speaker 1: in the region and with Ewan's top leaders. We'll get
• 50:38
  Speaker 1: to that in a minute. And they're waiting for final
• 50:44
  Speaker 1: sign off. The Iranian farm minister told reporters I Won
• 50:50
  Speaker 1: had reached an agreement with Oman to create a safe
• 50:53
  Speaker 1: road through the Strait of homoes Uh and and they
• 50:58
  Speaker 1: had finished the outline from the main points. So now
• 51:03
  Speaker 1: the reality is though, that the senior leadership in Iran,
• 51:08
  Speaker 1: i e. The IRGC, the Islamic Revolutionary gods, have not
• 51:13
  Speaker 1: actually reviewed this and given it a thubbs up. So
• 51:18
  Speaker 1: these are the people who keep trying to compromise and
• 51:22
  Speaker 1: move towards the US. Maybe these are people who are
• 51:26
  Speaker 1: you know, concerned about the economic fate of what's happening
• 51:29
  Speaker 1: in Iran right now, they are pushing this deal, but
• 51:33
  Speaker 1: the people actually who control the regime, the people with
• 51:38
  Speaker 1: the guns, have not approved of this yet, right, so
• 51:43
  Speaker 1: it is hard to tell. And then it's not clear
• 51:51
  Speaker 1: what the United States is committing to doing. That is,
• 51:55
  Speaker 1: would the straits open, For example, if the United States
• 52:00
  Speaker 1: keeps the blockade with the straits open, if the United
• 52:04
  Speaker 1: States continues to you know, or a tax Iran with
• 52:08
  Speaker 1: the States open if the United States keeps it's military
• 52:12
  Speaker 1: in the region. So, you know, it's not clear what
• 52:22
  Speaker 1: the deal actually involves beyond this, who who controls traffic? Now?
• 52:28
  Speaker 1: The reality is that this kind of deal basically provides tacit,
• 52:36
  Speaker 1: you know, basically hands over control of traffic in the
• 52:40
  Speaker 1: Strait of Homos to the Ranians and golf producers decide
• 52:45
  Speaker 1: to use shipping routes the necessity Iranian approval, the basically
• 52:50
  Speaker 1: surrounding control of the Strait to the Iranian regime, and
• 52:53
  Speaker 1: if the Trumpet administration is sit Trump administration signs off
• 52:58
  Speaker 1: on that, the basically signing off on handing the Ranian
• 53:00
  Speaker 1: the Gulf. I can't you know, I guess the Saudis
• 53:06
  Speaker 1: and the Iraqis and the Kwadis and the Kataris, and
• 53:09
  Speaker 1: they just want it open. They don't care at this point,
• 53:12
  Speaker 1: but it would be all right. I think we got
• 1:03:38
  Speaker 1: sound back. That's interesting. Always something, always something to keep
• 1:03:45
  Speaker 1: us excited. Why did my receiver for my for my
• 1:03:50
  Speaker 1: wireless mic just shut down? And I put it in
• 1:03:55
  Speaker 1: front of me so I can see if it shuts down,
• 1:03:58
  Speaker 1: I guess all right, sound is off. Yeah, my my
• 1:04:04
  Speaker 1: receiver just shut down without telling me, right, I see
• 1:04:10
  Speaker 1: that is why? Okay, h a r Anybody remember what
• 1:04:16
  Speaker 1: the last thing I said was that you heard? So
• 1:04:26
  Speaker 1: anybody anybody see what it was? So I was talking
• 1:04:35
  Speaker 1: about munitions. We talked about Iwana wom So let's say
• 1:04:48
  Speaker 1: it's on now. That's quite a bit of time. Do
• 1:04:52
  Speaker 1: you guys know what the last thing I talked about was?
• 1:04:55
  Speaker 1: All right? Right? I mean I talked about Iwan. We
• 1:04:58
  Speaker 1: talked about the fact that that this deal that they
• 1:05:01
  Speaker 1: have with them on would basically give her on control
• 1:05:04
  Speaker 1: over the straet. If Trump signs off on this, this
• 1:05:07
  Speaker 1: would be a massive loss. Yeah, but you know, some
• 1:05:14
  Speaker 1: countries around the Gulf just wanted it open, and they're
• 1:05:16
  Speaker 1: willing to give up the control to the Iranians if
• 1:05:19
  Speaker 1: that is what happens. Disupposedly, the deal prevents the Ranians
• 1:05:23
  Speaker 1: from taking a toll that was a big deal taking money.
• 1:05:28
  Speaker 1: But you know, again, it seems like Trump is eager
• 1:05:32
  Speaker 1: to make a deal. I then talked about the munitions,
• 1:05:35
  Speaker 1: the munistance situation. Let me see me try something. I
• 1:06:08
  Speaker 1: don't know if that'll hope? All right, shut off again? Right,
• 1:06:12
  Speaker 1: sound off again. All right, it's back on now. No
• 1:06:15
  Speaker 1: sound sound is back on now, all right. I don't
• 1:06:19
  Speaker 1: know why it's turning off. All right. So I was
• 1:06:28
  Speaker 1: talking about munitions and the fact that the fact that
• 1:06:33
  Speaker 1: the United States was low munitions significantly low, dramatically low,
• 1:06:37
  Speaker 1: scaringly low, particularly if there's a conflict in the Pacific,
• 1:06:41
  Speaker 1: and that Trump supposedly blew up on Heckseeth while they
• 1:06:46
  Speaker 1: were Cam David last week and Lamb blasted him about
• 1:06:49
  Speaker 1: being misinformed about the situation with the with the munitions,
• 1:06:54
  Speaker 1: and so, you know, Heckseeth and then turned around and
• 1:06:59
  Speaker 1: blame some deputy Defense secretary for the misinformation or for everything,
• 1:07:06
  Speaker 1: and then promised that they were signing contracts with defense
• 1:07:09
  Speaker 1: contractors and you know, munitions were coming. It's just amount
• 1:07:13
  Speaker 1: of time. They were going to get more munitions. You know,
• 1:07:16
  Speaker 1: they were going to solve the problem. So h Trump
• 1:07:21
  Speaker 1: exploded on him. But then Trump goes on truth social
• 1:07:25
  Speaker 1: and basically says, there's no munition's problem. We have more
• 1:07:29
  Speaker 1: munitions than anybody in the world. We have everything we need.
• 1:07:33
  Speaker 1: We're getting more and many more munitions are being shipped
• 1:07:37
  Speaker 1: to the United States, and it's like shipped to the
• 1:07:40
  Speaker 1: United States from where they're being shipped were buying munitions
• 1:07:43
  Speaker 1: from from China? Where where? Where? Where they're being shipped
• 1:07:47
  Speaker 1: to right from? So clearly he misspoke there. And then
• 1:07:53
  Speaker 1: he says the leaks about the munitions, We're going to
• 1:07:56
  Speaker 1: prosecute the people. We are going to, uh, we're going
• 1:07:59
  Speaker 1: to prosecute them. We are going to uh prosecute them
• 1:08:04
  Speaker 1: for treason, for leaking information, false information about the munitions,
• 1:08:10
  Speaker 1: so complete evasion, trying to convince us that it's the
• 1:08:15
  Speaker 1: story is not true. Well, the story seems to be
• 1:08:19
  Speaker 1: very true, and it just deny, deny that I deny, lie, lie, lie, lie,
• 1:08:23
  Speaker 1: lie lie until people think it's truth. I mean, supposedly
• 1:08:28
  Speaker 1: he called off a big attack on Iran the other
• 1:08:30
  Speaker 1: day because the Tomahawks are not there and and the
• 1:08:35
  Speaker 1: aided ground missiles are not there, and they just and
• 1:08:37
  Speaker 1: then they're afraid that if he ran launches a big
• 1:08:41
  Speaker 1: ballistic missile of soult on countries that they won't be
• 1:08:47
  Speaker 1: able to defend those countries because they know Patriots. They
• 1:08:49
  Speaker 1: don't have the Patriot missiles a Offen system, so just
• 1:08:54
  Speaker 1: a mass But the interesting spin on this as compared
• 1:08:58
  Speaker 1: to when we talked about munitions. Less tweak is Trump's
• 1:09:03
  Speaker 1: denial and and and you know, going after people with
• 1:09:07
  Speaker 1: claims of treason while it's probably true and they're probably
• 1:09:13
  Speaker 1: you know, reporting on stuff that's real. All right, let's
• 1:09:19
  Speaker 1: see what do we want? So that it was a run, Yeah, griftathon.
• 1:09:26
  Speaker 1: Griftathon is a term I read in an article. This
• 1:09:31
  Speaker 1: is the tide of the article, Trump's griftathon rolls on.
• 1:09:35
  Speaker 1: I think that's really good griftathon. Anyway, you remember I
• 1:09:39
  Speaker 1: told you that Trump was considering uh selling the content
• 1:09:48
  Speaker 1: of his tweets untruth social before he makes them live
• 1:09:55
  Speaker 1: a few minutes, a few seconds or whatever, before he
• 1:09:58
  Speaker 1: makes them live, selling them to financial institutions to people
• 1:10:04
  Speaker 1: who could trade on them. Well, that is now happening.
• 1:10:09
  Speaker 1: Trump is now selling market moving information to institutions and
• 1:10:13
  Speaker 1: hedge funds in advance of making them public for one
• 1:10:18
  Speaker 1: hundred thousand dollars a month. I mean, I mean, this
• 1:10:25
  Speaker 1: is the thing about it. It's so blatant and he's
• 1:10:30
  Speaker 1: so corrupt that I don't think it registers anymore when
• 1:10:34
  Speaker 1: he does something like this. I mean, it's so blatantly corrupt.
• 1:10:38
  Speaker 1: I mean, this should be this in and of itself.
• 1:10:42
  Speaker 1: This alone is a reason to impeached to Guy. I mean,
• 1:10:46
  Speaker 1: there are a hundred reasons to impeaching. This alone is
• 1:10:49
  Speaker 1: recent impeaching one hundred thousand dollars a month to get
• 1:10:53
  Speaker 1: inside information from the President of the United States. The
• 1:10:57
  Speaker 1: one hundred thousand dollars goes into his pocket, making in
• 1:11:03
  Speaker 1: a sense equivalent to official statements about what he plans
• 1:11:07
  Speaker 1: to do, about how how he sees the country, I
• 1:11:11
  Speaker 1: sees the world, but mainly what he plans to do,
• 1:11:15
  Speaker 1: which is all market information that is tradable. That's why
• 1:11:19
  Speaker 1: people are paying one hundred thousand. So this is actually
• 1:11:22
  Speaker 1: happening in real time, in real time, and it really does.
• 1:11:32
  Speaker 1: It just boggles the mind that this is something that
• 1:11:36
  Speaker 1: can actually be happening, right, And this is just a
• 1:11:41
  Speaker 1: few couple of weeks. A few weeks after they had
• 1:11:44
  Speaker 1: to withdraw. You remember that one point eight billion anti
• 1:11:47
  Speaker 1: weaponization fund that it would draw that because it was
• 1:11:50
  Speaker 1: so obviously corrupt. Now we've got some new corruption. There's
• 1:11:54
  Speaker 1: no end to it. Now, Trump is saying going back
• 1:12:03
  Speaker 1: to the weaponization fund. Trump is saying now that he's
• 1:12:06
  Speaker 1: going to try to make it a law instead of
• 1:12:10
  Speaker 1: just the Justice Department cetning a deal. He's going to
• 1:12:12
  Speaker 1: try to make the one point eight billion Anti Weaponization
• 1:12:15
  Speaker 1: Fund passed into law, right, and so uh, you know,
• 1:12:23
  Speaker 1: the President said on social media he'll push hard to
• 1:12:26
  Speaker 1: codify through Congress the fund that has been at the
• 1:12:29
  Speaker 1: center of the of at the center of all of this.
• 1:12:37
  Speaker 1: So uh, I mean, it's just it's it's it's just insane, right, insane. Now,
• 1:12:47
  Speaker 1: remember the reflecting pool that Trump blamed on vandalism, Well
• 1:12:55
  Speaker 1: on July and you know, a judges ruled that it
• 1:13:01
  Speaker 1: wasn't vandalism, that it was caused by the contractor by
• 1:13:05
  Speaker 1: poor maintenance and by the contractor who repaired it by
• 1:13:10
  Speaker 1: by byad renovation. And they had to throw you know,
• 1:13:17
  Speaker 1: they had arrested people, they were going after people, and
• 1:13:20
  Speaker 1: the whole thing is being thrown out because you know,
• 1:13:25
  Speaker 1: and people spent time facing felony charges before this was
• 1:13:32
  Speaker 1: all shown to be just to psud in ridiculous anyway.
• 1:13:37
  Speaker 1: But this one hundred thousand ahead is it beats everything else? Yeah, Now,
• 1:13:48
  Speaker 1: suppose the Elizabeth Waughan and Adam Schiff sentences asking the
• 1:13:54
  Speaker 1: SEC to investigate whether the Trump Median Technology Group is
• 1:13:58
  Speaker 1: violating the law by selling fast access to truth social posts.
• 1:14:03
  Speaker 1: So we'll see if the SEC has the balls to
• 1:14:07
  Speaker 1: call Trump on this. But it's yeah, I mean, there's
• 1:14:09
  Speaker 1: no question this is a violation of you know, inside
• 1:14:17
  Speaker 1: of trading laws, but you know, basic common decency and
• 1:14:23
  Speaker 1: anything really need to actual fraud. All right, let us
• 1:14:28
  Speaker 1: see we were going to talk about the yen. Yeah,
• 1:14:33
  Speaker 1: I mean the yen, the Japanese yen, the currency of
• 1:14:38
  Speaker 1: Japan has been tanking, not just against the doll lement,
• 1:14:43
  Speaker 1: against all major currencies around the world. Uh, it's been
• 1:14:47
  Speaker 1: getting weak and weaker. And this in spite of the
• 1:14:49
  Speaker 1: fact that the Bank of Japan, the Central Bank of Japan,
• 1:14:53
  Speaker 1: has been raising interest rates. Usually when you raise interest rates,
• 1:14:55
  Speaker 1: people are more eager to hold your currency because they
• 1:14:59
  Speaker 1: can get high you're interest rates by holding their countcy.
• 1:15:02
  Speaker 1: And yet people are dumping the yen, and you know,
• 1:15:05
  Speaker 1: by some measures, the yen last week reached lows that
• 1:15:09
  Speaker 1: haven't been seen since the nineteen seventies. You know, it
• 1:15:13
  Speaker 1: makes by the way, going to Japan really really cheap.
• 1:15:16
  Speaker 1: If you go to Japan right now, you can stay
• 1:15:20
  Speaker 1: at some of the best hotels in the world and
• 1:15:23
  Speaker 1: eat some of them mist amazing meals in the world
• 1:15:25
  Speaker 1: at really reasonable rates because of the strength of the
• 1:15:30
  Speaker 1: dollar relative to the end, and or the strength that
• 1:15:33
  Speaker 1: you're relative to the end if you're coming from Europe. Now,
• 1:15:38
  Speaker 1: as the as the yen goes down, it becomes cheaper
• 1:15:43
  Speaker 1: to buy Japanese stuff. It becomes cheaper to buy Japanese stuff, so,
• 1:15:50
  Speaker 1: you know, it exports Japanese exports improve, but it becomes
• 1:15:56
  Speaker 1: more expensive for Japan to import, so you know, because
• 1:16:01
  Speaker 1: they have to convert to dollars in order to imports
• 1:16:03
  Speaker 1: oil and natural gas and war materials. Japan doesn't have
• 1:16:09
  Speaker 1: a lot of this stuff, and Japan generally is not
• 1:16:14
  Speaker 1: happy with its currency going down as much as it is.
• 1:16:19
  Speaker 1: It's difficult for that Japanese to travel because everything outside
• 1:16:22
  Speaker 1: of Japan is expensive. But again, any imports are expensive. Now,
• 1:16:27
  Speaker 1: why is the Japanese yen collapsing? A lot of it
• 1:16:29
  Speaker 1: has to do with the unsustainable levels of debt that
• 1:16:33
  Speaker 1: Japan has taken on and the fact that the only
• 1:16:36
  Speaker 1: way that they can deal with that is buy in
• 1:16:39
  Speaker 1: one way or another. Inflating and the fact that they're
• 1:16:42
  Speaker 1: raising interest rate is just not convincing anybody that they're
• 1:16:45
  Speaker 1: not going to increase the amount of money in the economy.
• 1:16:48
  Speaker 1: And the more money you push out, the less valuable
• 1:16:52
  Speaker 1: the currency becomes, and the less valuable the debt is.
• 1:16:55
  Speaker 1: So the debt in aocent shrinks. You use the extra
• 1:16:58
  Speaker 1: money to pay off the debt. But the United States,
• 1:17:02
  Speaker 1: but the Bank of Japan has tried to boost the end.
• 1:17:07
  Speaker 1: And how do you boost the end. You boost the
• 1:17:09
  Speaker 1: end by buying it. Now, in order to buy it,
• 1:17:12
  Speaker 1: you need dollars, or you need foreign currency, but mainly dollars.
• 1:17:16
  Speaker 1: Most most phone exchange transactions are done in dollars. So
• 1:17:24
  Speaker 1: so what is going on is the the Bank of
• 1:17:29
  Speaker 1: Japan is trying to stabilize the end and trying to
• 1:17:35
  Speaker 1: increase its value by buying yen, right, selling the dollars
• 1:17:40
  Speaker 1: that they have. But how would they get dollars? How
• 1:17:44
  Speaker 1: would how would Japanese get dollars? Well, one way the
• 1:17:48
  Speaker 1: Bank of Japan could get dollars is by selling its
• 1:17:51
  Speaker 1: treasury bills. Japan is the largest foreign investor in American debt,
• 1:17:58
  Speaker 1: in American government debt. Now, you know the US is
• 1:18:05
  Speaker 1: worried because the American government has to borrow about two
• 1:18:10
  Speaker 1: trillion dollars a year to keep up with the deficit
• 1:18:15
  Speaker 1: two trillion dollars an additional and it has to refinance
• 1:18:18
  Speaker 1: the debt as it matures. So the United States has
• 1:18:21
  Speaker 1: what forty trillion dollars of debt something like that, thirty
• 1:18:24
  Speaker 1: seven forty something in that neighborhood, growing at two trillion
• 1:18:27
  Speaker 1: a year, and they don't want the Japanese to be
• 1:18:32
  Speaker 1: dumping the debt that they have in order to get
• 1:18:36
  Speaker 1: dollars so that they can buy the end to keep
• 1:18:41
  Speaker 1: the value of the end up. So the US government
• 1:18:48
  Speaker 1: is worried about the Japanese selling large quantities of US treasuries.
• 1:18:54
  Speaker 1: So what is the US government doing? The government is
• 1:18:57
  Speaker 1: basically brining dollars. Basically, this is what they're doing. It's
• 1:19:02
  Speaker 1: a little bit more complicated than this, but it's basically
• 1:19:05
  Speaker 1: the United States is printing dollars and using those dollars
• 1:19:10
  Speaker 1: to buy in So the Americans are helping the Japanese
• 1:19:16
  Speaker 1: support the yen, and the theory behind that. The reason
• 1:19:23
  Speaker 1: they're doing that, I think, is to prevent the Japanese
• 1:19:31
  Speaker 1: from selling their bonds. Now, this is worrisome for a
• 1:19:37
  Speaker 1: couple of reasons. One is the amount of dollars in
• 1:19:40
  Speaker 1: economy grows. This is monetary inflation. They're putting dollars out
• 1:19:46
  Speaker 1: into the world, sucking in out and putting dollars in now.
• 1:19:54
  Speaker 1: Long term, this creates a problem for the Japanese as well,
• 1:19:57
  Speaker 1: because the Japanese still have to somehow pay off the debt,
• 1:20:01
  Speaker 1: so they might be printing yen at the same time
• 1:20:04
  Speaker 1: as that being sucked out. Who knows what goes on
• 1:20:06
  Speaker 1: in the background, but the United States is engaging in
• 1:20:11
  Speaker 1: what could be inflationary policy in order to bail out
• 1:20:15
  Speaker 1: Japan so that the Japanese don't sell the US bonds
• 1:20:21
  Speaker 1: because the United States is running such a large deficits
• 1:20:25
  Speaker 1: that it's worried about how to refinance them. That's scary.
• 1:20:30
  Speaker 1: I mean, if we were a healthy country financially, then
• 1:20:35
  Speaker 1: we wouldn't be worried about the Japanese settling bonds. Somebody
• 1:20:38
  Speaker 1: else would buy them. Everybody wants to hold American bonds.
• 1:20:42
  Speaker 1: But I think our government has realized that the responsibility
• 1:20:48
  Speaker 1: for you know, dozens of years now has and particularly
• 1:20:53
  Speaker 1: this government, the Covert administration, realized that two trillion dollars
• 1:20:59
  Speaker 1: of debt that is not going to be easy to
• 1:21:01
  Speaker 1: raise every year, that the world doesn't want American debt
• 1:21:04
  Speaker 1: that interest rates, And indeed you can see interest rates
• 1:21:07
  Speaker 1: thirty year interest rates in the United States. Interestrates on
• 1:21:09
  Speaker 1: thirty year bonds are going up. There are some of
• 1:21:14
  Speaker 1: the highest levels they been in decades. That suggests that
• 1:21:18
  Speaker 1: people won't buy our long term bonds unless they get
• 1:21:23
  Speaker 1: a high return. So the United States is bailing out
• 1:21:30
  Speaker 1: Japanese yen at the cost of potential inflation, although the
• 1:21:36
  Speaker 1: quantity is so far not that large. Bessett wants to
• 1:21:40
  Speaker 1: you know, he's got to fund sixty billion dollars. It's cap,
• 1:21:44
  Speaker 1: the sixty billion of emergency facility, but he wants the
• 1:21:47
  Speaker 1: cap to be eliminated so he can he can do
• 1:21:51
  Speaker 1: as much as he wants. Yeah, something's rotten in America's
• 1:21:58
  Speaker 1: finances and maybe it's manifesting right now in what is
• 1:22:03
  Speaker 1: going on in Japan. Talk about inflation, so this is
• 1:22:10
  Speaker 1: a different type of inflation. This is price inflation. If
• 1:22:12
  Speaker 1: you look at price inflation, inflation is much higher than
• 1:22:16
  Speaker 1: the goal of the Federals of the goal of Federals
• 1:22:18
  Speaker 1: of is price inflation of two percent, and we're running
• 1:22:22
  Speaker 1: it anywhere between three point three and three point six percent,
• 1:22:25
  Speaker 1: something around that. Ball bulk. Anyway, it turns out that
• 1:22:29
  Speaker 1: the government is looking at the COMMIS Department, it's statistical agency,
• 1:22:34
  Speaker 1: the Bureau of Economic Analysis, is actually looking at an adjustment,
• 1:22:39
  Speaker 1: that is a change in how they calculate the inflation number. Now,
• 1:22:47
  Speaker 1: anybody who reads that would go, oh my god, Trump
• 1:22:52
  Speaker 1: is trying to manipulate the inflation number. And you know, yeah,
• 1:22:58
  Speaker 1: I'm sure he is, But that's not what's going on.
• 1:23:02
  Speaker 1: Because you'll probably hear about this and will probably respawn
• 1:23:04
  Speaker 1: as Trump trying to manipulate because the change that they
• 1:23:07
  Speaker 1: can implement will reduce inflation as reported price inflation bye
• 1:23:11
  Speaker 1: by something like point two percent. But the reason is
• 1:23:16
  Speaker 1: not Trump. The reason is just that, you know, these
• 1:23:21
  Speaker 1: people at the statistic viewer are constantly looking at how
• 1:23:25
  Speaker 1: they calculate these figures, and they're constantly trying to get
• 1:23:30
  Speaker 1: a better handle on the real data. There is no
• 1:23:33
  Speaker 1: real measure of price inflation because again I've told you
• 1:23:38
  Speaker 1: this many times, the price inflation I experience is very
• 1:23:42
  Speaker 1: different than the price inflation you experience. It really depends
• 1:23:44
  Speaker 1: on what products you're buying. Products do not go up
• 1:23:47
  Speaker 1: in price uniformly. Different people by different things and are
• 1:23:51
  Speaker 1: affected by raising prices in different ways. So this suspicion
• 1:23:57
  Speaker 1: of Trump about this, but in this case it's not.
• 1:24:00
  Speaker 1: It's taken into account. You know, the way software inflation
• 1:24:05
  Speaker 1: of software was being calculated, it's probably wrong. It was
• 1:24:08
  Speaker 1: linked to hardware prices, and those have been decoupled. The
• 1:24:12
  Speaker 1: decoupling a number of other things. So you'll hear about
• 1:24:16
  Speaker 1: changes this is in the personal consumption Expenditure price Index,
• 1:24:20
  Speaker 1: which is the index that the FED likes to use.
• 1:24:24
  Speaker 1: You'll hear about changes in that that were made. Don't
• 1:24:27
  Speaker 1: buy into the stories that Trump is manipulating it, even
• 1:24:30
  Speaker 1: though that's an attractive story that seems pretty appealing and
• 1:24:34
  Speaker 1: seems true in this case, it's not. In this case,
• 1:24:37
  Speaker 1: it's just a statistical recalibration that they do periodically. I
• 1:24:42
  Speaker 1: have for a long, long long time said that generally
• 1:24:46
  Speaker 1: price inflation, that is the way CPI or PCE or
• 1:24:52
  Speaker 1: other things are calculated, and have been calculated for a
• 1:24:55
  Speaker 1: one hundred years, over states inflation. Most libertarian economists thinks,
• 1:25:01
  Speaker 1: I think it under stage inflation. I believe in over
• 1:25:04
  Speaker 1: stage inflation. I believe in inflation. The actual purchasing power
• 1:25:08
  Speaker 1: of the doll is actually stronger than what is suggested
• 1:25:11
  Speaker 1: by these numbers, because what it doesn't and can't really
• 1:25:15
  Speaker 1: capture and didn't capture in the distant past, they try
• 1:25:19
  Speaker 1: to capture today in the numbers, but very difficult to
• 1:25:22
  Speaker 1: do is improved quality. And the improved quality is massive,
• 1:25:27
  Speaker 1: it's huge, and yet there it was never captured in
• 1:25:31
  Speaker 1: the past, and when over the last fifteen years that
• 1:25:34
  Speaker 1: they've tried to capture it, I don't think they do
• 1:25:36
  Speaker 1: a good job capturing. So generally inflation is actually lower
• 1:25:40
  Speaker 1: than what is reported price inflation my view. I know
• 1:25:48
  Speaker 1: there are number of studies that have shown that, all right,
• 1:25:52
  Speaker 1: what do we have, Yeah, Cuba's lights are back on.
• 1:25:59
  Speaker 1: I mean, Cuba's restored power to the country. You know,
• 1:26:03
  Speaker 1: yesterday they had a powerage where all eight point six
• 1:26:07
  Speaker 1: million residents without electricity for many days. The grid keeps collapsing.
• 1:26:14
  Speaker 1: They have constant power outages. There are food shortages now
• 1:26:19
  Speaker 1: in Havana. People are finding it, you know, having to
• 1:26:22
  Speaker 1: look through garbage trucks to find food. Poverty is widespread now.
• 1:26:28
  Speaker 1: This of course is a consequence of decades of communism
• 1:26:32
  Speaker 1: in Cuba. But the direct reality right now is that
• 1:26:37
  Speaker 1: it's a it's a consequence of the kind of embargo
• 1:26:43
  Speaker 1: or sanctions in the United States is placed that that
• 1:26:47
  Speaker 1: they have threatened tariffs in any country that will sell oil,
• 1:26:50
  Speaker 1: for example, to Cuba, uh and and they're placing maximum
• 1:26:55
  Speaker 1: pressure campaign. It's not exactly what the maximum pressure campaign
• 1:26:59
  Speaker 1: is trying to achieve. Do they want regime change in Cuba,
• 1:27:03
  Speaker 1: which would be good, or economic change, which they are
• 1:27:08
  Speaker 1: starting to do in small, little bites, nothing really dramatic,
• 1:27:12
  Speaker 1: but the situation in Cuba is deteriorating fast. The regime
• 1:27:15
  Speaker 1: is holding on. It doesn't there's no indications that the
• 1:27:18
  Speaker 1: regime is going to collapse, but it is. You know,
• 1:27:25
  Speaker 1: things are particularly bad in Cuba right now. Now Cuba
• 1:27:34
  Speaker 1: has just i think this week is privatized limited privatization
• 1:27:40
  Speaker 1: of the of fuel importing fuel into Cuba. So they've
• 1:27:47
  Speaker 1: authorized its first foreign backed fuel importer and nearly two
• 1:27:53
  Speaker 1: hundred Cuban businesses to participate in the whole cell distribution
• 1:27:57
  Speaker 1: of fuel. So they are retreating for statementopoly. But again,
• 1:28:05
  Speaker 1: private distribution is not going to compensate for the blockade
• 1:28:08
  Speaker 1: on oil that the United States is in point imposed,
• 1:28:11
  Speaker 1: or there's no way it's going to compensate for the
• 1:28:14
  Speaker 1: decrepit generating plants, or the absence of any kind of
• 1:28:17
  Speaker 1: secure property rights in Cuba. But there are small reforms
• 1:28:21
  Speaker 1: happening there. There is a there's a hopefully some upside
• 1:28:26
  Speaker 1: in Cuba. And what they need is the complete collapse
• 1:28:29
  Speaker 1: of the regime so that these reforms can actually fully
• 1:28:32
  Speaker 1: go into place. We will see if that happens, and
• 1:28:35
  Speaker 1: we will see when that happens, and so on. But yes,
• 1:28:40
  Speaker 1: there are forms that I keep talking about. They keep
• 1:28:43
  Speaker 1: bringing up more. Right, so they were passed July thirtieth,
• 1:28:47
  Speaker 1: and then you know, every every few days more. You know,
• 1:28:52
  Speaker 1: they're privatizing a little bit here, a little bit there,
• 1:28:55
  Speaker 1: and so on. So that will have an effect, but
• 1:28:58
  Speaker 1: it's going to be it's going to take time. Given
• 1:29:01
  Speaker 1: the disaster that they've created, it's gonna take time, and
• 1:29:04
  Speaker 1: it's going to uh, it's going to they they you know,
• 1:29:16
  Speaker 1: the communists don't like to give up on stuff. So
• 1:29:18
  Speaker 1: how fully they embrace this and how fully they go
• 1:29:21
  Speaker 1: into it and they do it, and it's gonna take
• 1:29:24
  Speaker 1: time no matter what, even if they embrace it completely,
• 1:29:26
  Speaker 1: it's gonna take time. But they could, you know, they've
• 1:29:29
  Speaker 1: passed I don't know three hundred provisions, well they do
• 1:29:31
  Speaker 1: all three hundred or just two hundred or just one hundred,
• 1:29:35
  Speaker 1: and then what is the Trump's endgame? Is Trump same
• 1:29:38
  Speaker 1: game like with Maduro getting rid of them, or is
• 1:29:41
  Speaker 1: Trump same game something else? So until we know, it's
• 1:29:46
  Speaker 1: how to tell what's going to happen in Cuba. But
• 1:29:47
  Speaker 1: it is the place to watch because bad things are
• 1:29:51
  Speaker 1: happening at the same time as good things happening. Bad
• 1:29:53
  Speaker 1: things in terms of starvation potentially and a complete breakdown,
• 1:29:58
  Speaker 1: good things in terms of the beginnings of privatizations and
• 1:30:01
  Speaker 1: the beginnings of a market economy, very beginning, which you
• 1:30:08
  Speaker 1: know Marxists are known to do periodically to boost their
• 1:30:12
  Speaker 1: economy a little bit and then they reverse everything. But
• 1:30:15
  Speaker 1: here I really do think, I really do think the
• 1:30:21
  Speaker 1: direction is towards greater liberalization, and I really think that
• 1:30:25
  Speaker 1: ultimately this regime will fall. I thought that of you
• 1:30:28
  Speaker 1: on too, So I'm too optimistic about these things, all right,
• 1:30:38
  Speaker 1: I what happened to that new story? Yes, I wanted
• 1:30:45
  Speaker 1: I wanted to quickly about the I don't know I'm
• 1:30:52
  Speaker 1: mispronouncing it, but the the the Spanish enclave in Morocco.
• 1:30:55
  Speaker 1: I wanted to fill you in I got some additional
• 1:30:57
  Speaker 1: information about it. I was on a call with Europeans
• 1:31:02
  Speaker 1: who know a lot about what's going on there, and
• 1:31:05
  Speaker 1: a few things worth noting. You know. I suggested yesterday
• 1:31:10
  Speaker 1: that this might be the Moroccan government trying to put
• 1:31:13
  Speaker 1: pressure on Spain and to try to get Spain to
• 1:31:17
  Speaker 1: basically hand over these territories to Morocco. And while that
• 1:31:22
  Speaker 1: might there might be some intent there, the challenge with
• 1:31:25
  Speaker 1: that in this particular circumstances was that it happened during
• 1:31:31
  Speaker 1: a time when Morocco's king was in the same part
• 1:31:35
  Speaker 1: of the country where this was happening, and he was
• 1:31:39
  Speaker 1: therefore what's called the Throne Day celebration. This is the
• 1:31:44
  Speaker 1: kingdom's most solemn ritual of unity between the monarch and
• 1:31:48
  Speaker 1: his people, where a bunch of the tribal leaders from
• 1:31:52
  Speaker 1: all of them Morocco come and they swear allegiance to
• 1:31:54
  Speaker 1: the king. It's very unlikely that the moroccan An authorities
• 1:32:01
  Speaker 1: plan to do something like this on the day of
• 1:32:06
  Speaker 1: you know, this this Throne Day celebrations, so it's unlikely
• 1:32:12
  Speaker 1: that happened. What probably happened is the gods that were
• 1:32:16
  Speaker 1: protecting the Moroccan border or protecting, you know it, just
• 1:32:21
  Speaker 1: didn't care, weren't particularly motivated, and were overwhelmed by the
• 1:32:26
  Speaker 1: numbers of people. And the reason the number of people
• 1:32:29
  Speaker 1: happened is because rumors sped on social media that if
• 1:32:34
  Speaker 1: you could make it to this enclave, then some ruling
• 1:32:39
  Speaker 1: by a Spanish court had determined that you would be
• 1:32:43
  Speaker 1: granted EU citizenship, that you would be protected, and all
• 1:32:48
  Speaker 1: you had to do is get there. Now all of
• 1:32:50
  Speaker 1: that is false. There's no such ruling in any court
• 1:32:52
  Speaker 1: in Spain or elsewhere, and just getting there would have
• 1:32:56
  Speaker 1: given you nothing. And indeed they got there and they
• 1:32:57
  Speaker 1: got nothing. And this sped through social media to all
• 1:33:02
  Speaker 1: the different camps of individuals who are in Morocco from
• 1:33:07
  Speaker 1: Sub Saharan Africa trying to get into Europe and Moroccans
• 1:33:10
  Speaker 1: who were poor and are trying to get out of Morocco.
• 1:33:13
  Speaker 1: And look, this was at the end of the day.
• 1:33:16
  Speaker 1: This is a great tragedy. I mean, I know people
• 1:33:18
  Speaker 1: don't care about Africans generally, but about one hundred people,
• 1:33:22
  Speaker 1: including children, died in the push to try to get there.
• 1:33:27
  Speaker 1: People swam to this enclave and drowned, people got, you know,
• 1:33:34
  Speaker 1: tramped on. This is a tragic advent in which people
• 1:33:38
  Speaker 1: lost their lives and the you know, about sixty to
• 1:33:48
  Speaker 1: seventy thousand people swarmed into this place, I guess based
• 1:33:52
  Speaker 1: on social media, expecting to be welcomed by the Spanish
• 1:33:56
  Speaker 1: and to be granted I don't know, citizenship, to be
• 1:33:59
  Speaker 1: trend supported to the mainland and then be embraced by
• 1:34:03
  Speaker 1: the Spaniards. But none of that, of course, happened. There
• 1:34:11
  Speaker 1: was no welcome party, and the people on this enclave
• 1:34:15
  Speaker 1: closed down all the shops, so there was no food.
• 1:34:17
  Speaker 1: There was some looting that went along. These all people
• 1:34:21
  Speaker 1: who were starving and there was no nothing available there,
• 1:34:24
  Speaker 1: and they were told that they were not welcome, and
• 1:34:26
  Speaker 1: most of them just left, and then the police rounded
• 1:34:30
  Speaker 1: up the rest and got them to leave, and basically
• 1:34:32
  Speaker 1: everybody left within forty eight hours. Very few people remained. Now,
• 1:34:38
  Speaker 1: there was also some evidence there's also some evidence that
• 1:34:42
  Speaker 1: elements of ISIS or a Kaida and or l KaiA
• 1:34:46
  Speaker 1: were present among the seventy thousand people that crossed into
• 1:34:50
  Speaker 1: the same clafe, and that it could have been awesome
• 1:34:54
  Speaker 1: motivated by al Qaeda and ISIS trying to penetrate using
• 1:35:00
  Speaker 1: this as a tactic to among the tens of thousands
• 1:35:04
  Speaker 1: of people to try to sneak into place like this
• 1:35:06
  Speaker 1: and ultimately make it into Europe. So this is definitely
• 1:35:10
  Speaker 1: there's a national security issue here for Europe. But at
• 1:35:13
  Speaker 1: the end of the day, nothing happened. So everybody's panicking
• 1:35:20
  Speaker 1: in Europe, everybody's flipping out, but nothing happened. At the
• 1:35:24
  Speaker 1: end of the day, you know, people all went back.
• 1:35:28
  Speaker 1: This wasn't an invasion of Europe because it wasn't Europe.
• 1:35:32
  Speaker 1: It was still Africa, and nobody was offering to take
• 1:35:36
  Speaker 1: them to Europe. The Spanish were not indeed offering to
• 1:35:39
  Speaker 1: put them in ships and take them into Spain. The
• 1:35:43
  Speaker 1: whole panic around Spanish immigration is also, you know, a
• 1:35:47
  Speaker 1: little misplaced. Now, It's true that the Spaniards are granting
• 1:35:53
  Speaker 1: legal status to a lot of illegal illegal immigrants into Spain,
• 1:35:59
  Speaker 1: a lot. But who are these illegal immigrants into Spain.
• 1:36:02
  Speaker 1: Almost all of them, almost all of them, like eighty
• 1:36:06
  Speaker 1: percent of them are from Latin America. Almost all of
• 1:36:09
  Speaker 1: them are from a Spanish speaking former colonies, Latin America
• 1:36:14
  Speaker 1: and the Philippines. They're our a threat to Europe. The
• 1:36:20
  Speaker 1: problem is the Muslims, and yes, there are large numbers
• 1:36:24
  Speaker 1: of Moroccans in particular, who are being granted legal status
• 1:36:27
  Speaker 1: in Spain particular. It turns out in Morocco. So it
• 1:36:32
  Speaker 1: turns out that the regions in Spain Catalonia, what's the
• 1:36:37
  Speaker 1: region in Madrid, you know, the Madrid region, they control
• 1:36:43
  Speaker 1: who gets which of the illegal immigrants becomes becomes naturalized.
• 1:36:49
  Speaker 1: Now here's the funny thing about Catalonian. Catalonians don't want
• 1:36:55
  Speaker 1: to speak Spanish. They want to speak Catalonian. If you
• 1:37:01
  Speaker 1: walk about Barcelona, the stores, all the writing is all
• 1:37:06
  Speaker 1: in Catalonian. Spanish is considered a secondary language, not the
• 1:37:11
  Speaker 1: primary language. Now Catalonian is not that different than Spanish.
• 1:37:17
  Speaker 1: You're not allowed to put Spanish. Yeah, so you can
• 1:37:21
  Speaker 1: put Catalonian in English, can't put Spanish. So Catalonian is
• 1:37:25
  Speaker 1: the number one language. So Catalonia is not legalizing illegal
• 1:37:32
  Speaker 1: immigrants from Latin America. It doesn't want the Latin Americans
• 1:37:35
  Speaker 1: because the Latin Americans speaks Spanish, they don't speak Catalonian.
• 1:37:39
  Speaker 1: Madrid is legalizing Latin Americans. So who is now they all?
• 1:37:46
  Speaker 1: Who are the who are the Catalonians legalizing? They're legalizing
• 1:37:49
  Speaker 1: the a Moroccans, They're legalizing the Arabs, the Muslims, and
• 1:37:54
  Speaker 1: Madrid is legalizing the South Americans. So you're getting a
• 1:37:59
  Speaker 1: heavy concentration of Muslims, particularly of Moroccan descent in Barcelona,
• 1:38:05
  Speaker 1: and you're getting you're getting very little. And we noticed
• 1:38:09
  Speaker 1: that when we've traveled to Barcelona, you see a very
• 1:38:12
  Speaker 1: large Arab population and in Madrid you don't see it
• 1:38:17
  Speaker 1: because in Madrid the illegal immigrants and the ones legalized
• 1:38:20
  Speaker 1: off in South America. So I thought that was super interesting,
• 1:38:24
  Speaker 1: the way the internal politics of Spain affecting the immigration flows.
• 1:38:32
  Speaker 1: But almost all the you know, there's a lot of
• 1:38:35
  Speaker 1: panic around what happened, and the panic is really being
• 1:38:40
  Speaker 1: generating by the far right that wants an anti immigration agenda.
• 1:38:45
  Speaker 1: And the problem is this. So I was on a
• 1:38:47
  Speaker 1: conference call about what was going on, and I said,
• 1:38:50
  Speaker 1: I said, on a comforts call and I said, look, guys,
• 1:38:53
  Speaker 1: this is a bunch of Europeans. There was a woman
• 1:38:56
  Speaker 1: who's a member of European Parliament, some intellectuals, a bunch
• 1:38:59
  Speaker 1: of different people in Spain and bustles in different places.
• 1:39:03
  Speaker 1: And I said, look, the problem in Europe is not
• 1:39:06
  Speaker 1: an immigration problem. Europe has no immigration problem. The problem
• 1:39:11
  Speaker 1: in Europe is an islam problem. The problem in Europe
• 1:39:15
  Speaker 1: is too many radical Muslims, too many Slamists coming into Europe.
• 1:39:20
  Speaker 1: It's not about immigrants. You should be welcoming immigrants, you know,
• 1:39:25
  Speaker 1: economically you need them, and there's no reason to keep
• 1:39:29
  Speaker 1: them out because non Muslim immigrants assimilate the problem is
• 1:39:35
  Speaker 1: the Muslim immigrants who do not assimilate. And you know,
• 1:39:40
  Speaker 1: and somebody on the call said, yeah, well, some Muslim
• 1:39:43
  Speaker 1: immigrants do assimilate, okay, so figure out how to separate
• 1:39:46
  Speaker 1: the ones who assimilate in the ones that don't, and
• 1:39:48
  Speaker 1: don't allow the ones that don't in. I think I
• 1:39:52
  Speaker 1: think that the way to categorize them is along you know, Islamism, right,
• 1:39:57
  Speaker 1: the Islamists, the political the Islamish should be kept out
• 1:40:04
  Speaker 1: of Europe. Kind of secular Muslims who are willing to integrate,
• 1:40:09
  Speaker 1: learn the language. I mean, there was there were you know,
• 1:40:14
  Speaker 1: second generation Muslims on the call who are completely assimilated
• 1:40:18
  Speaker 1: into European society and have no negative impact on Europe.
• 1:40:24
  Speaker 1: And the member of European Parliament is from Bokina Fasso,
• 1:40:31
  Speaker 1: which is an Arab country, and she was raised. She
• 1:40:34
  Speaker 1: was born in Muslim. But she she's an atheist, she's
• 1:40:36
  Speaker 1: a complete secular and she speaks the local languages. She's
• 1:40:39
  Speaker 1: a member of parliament, she's completely European and she belongs
• 1:40:42
  Speaker 1: to the center right. He's not even a leftist right. So,
• 1:40:48
  Speaker 1: you know, basically, and I wouldn't even ban all Muslim immigration.
• 1:40:53
  Speaker 1: You've got to find a way to differentiate between Islamist
• 1:40:58
  Speaker 1: Muslim immigration and non Islamist Muslim immigration. And maybe there's
• 1:41:02
  Speaker 1: no way to do that. You just have to ban
• 1:41:03
  Speaker 1: all Muslims. But I don't think so. I think there's
• 1:41:06
  Speaker 1: a way to differentiate between secular Muslims and religious Muslims
• 1:41:10
  Speaker 1: and ban the religious Muslims, keep them out of Europe.
• 1:41:14
  Speaker 2: That is.
• 1:41:16
  Speaker 1: Right, That is the critier. It's not a matter of need.
• 1:41:19
  Speaker 1: You know, Europe needs immigrants because they're not having children.
• 1:41:24
  Speaker 1: That's one reason they need them. They need them for
• 1:41:28
  Speaker 1: economic production. But more importantly than that, you just have
• 1:41:33
  Speaker 1: no right to keep people out. There's no right to
• 1:41:39
  Speaker 1: restrict people's ability to move, to be mobile, there's no
• 1:41:43
  Speaker 1: right to restrict people's ability to as long as they're working,
• 1:41:48
  Speaker 1: as long as they're taking care of themselves. I mean,
• 1:41:50
  Speaker 1: the problem now, the problem in Europe, which also mentioned
• 1:41:53
  Speaker 1: on the call was the warfare estate is you pay
• 1:41:55
  Speaker 1: people not to work, and the way you assimilate people
• 1:41:58
  Speaker 1: is through work. The best malation is to work. So
• 1:42:04
  Speaker 1: I like that, Ian says, show them a Mohammed cartoon
• 1:42:07
  Speaker 1: and see if they attack. In fact, the border, like
• 1:42:10
  Speaker 1: the border crossing into Europe should have big Mohammed cartoon posters,
• 1:42:15
  Speaker 1: right and if and and uh, you know, they they
• 1:42:18
  Speaker 1: they they have to I don't know, they have to.
• 1:42:21
  Speaker 1: They have to compliment. They have to say something positive
• 1:42:23
  Speaker 1: about the post. And if they say something positive about
• 1:42:25
  Speaker 1: the poster, they're in. And if they throw, you know,
• 1:42:28
  Speaker 1: and they become violent because of the poster, they're out.
• 1:42:31
  Speaker 1: That is a That is a good screen. That is
• 1:42:34
  Speaker 1: a good screen. Yeah, so uh yeah, uh yeah. What
• 1:42:51
  Speaker 1: you need is economic growth. Economic growth requires increased productivity,
• 1:42:56
  Speaker 1: but it also requires it benefits from increased people. But
• 1:43:01
  Speaker 1: you know, gdpeople capital is not going to grow if
• 1:43:04
  Speaker 1: you don't have people to work in the farms gdpple.
• 1:43:07
  Speaker 1: Capital doesn't grow if you don't have people to work
• 1:43:09
  Speaker 1: in the service industries, if you don't have people to
• 1:43:12
  Speaker 1: work in the kitchen, if you don't have people to
• 1:43:13
  Speaker 1: wait tables, you know so, and they're just not enough people.
• 1:43:18
  Speaker 1: Populations are shrinking and Europeans don't want to take those jobs.
• 1:43:23
  Speaker 1: It's same in America America. H alright, give me a second.
• 1:44:37
  Speaker 1: Well you don't. You can't hear me, all right, I'm
• 1:44:44
  Speaker 1: need have to change the setup. Alright. I don't know
• 1:44:57
  Speaker 1: how long this is gonna last, so you can hear
• 1:45:01
  Speaker 1: me now, I assume again, Uh, it's on, it's on now,
• 1:45:06
  Speaker 1: but it won't. It's not gonna last. All right. Well
• 1:45:10
  Speaker 1: that's the story from there. I had one other. I
• 1:45:13
  Speaker 1: had one positive story. Let me just find it. And
• 1:45:18
  Speaker 1: it's enough about immigration. Where's this story? Yeah, basically, this
• 1:45:26
  Speaker 1: is a story that surprised me and and it basically
• 1:45:29
  Speaker 1: was a story that said that the FDA. Yeah, here
• 1:45:32
  Speaker 1: it is. The FDA has approved Moderna's M fluceiva for
• 1:45:37
  Speaker 1: adults fifty years and older. M Fluceiva is an M
• 1:45:46
  Speaker 1: M fluceiva. Okay, I think I have a solution. Yeah.
• 1:45:54
  Speaker 1: M Fluceiva is a m r neee vaccine for the flu.
• 1:46:00
  Speaker 1: So at some point the FDA says we're not even
• 1:46:03
  Speaker 1: can consider your application, but now they've actually approved it.
• 1:46:07
  Speaker 1: So this is a a vaccine against the flu that
• 1:46:15
  Speaker 1: you know. Randomized phase three trial of approximately forty thousand,
• 1:46:18
  Speaker 1: seven hundred participants across eleven countries confirmed that influenza like
• 1:46:24
  Speaker 1: illness occuld in only two percent of flu M flu
• 1:46:31
  Speaker 1: siver recipients versus two point eight percent receiving conventional standard
• 1:46:38
  Speaker 1: dose vaccines, which is a twenty six point six percent
• 1:46:42
  Speaker 1: relative improvement. So they've approved it, which is surprising because
• 1:46:51
  Speaker 1: this is an FDA that it has been in a
• 1:46:54
  Speaker 1: Health and Human Services department. It's been so massively anti
• 1:47:01
  Speaker 1: mRNA vaccines, and you know, this is the first time
• 1:47:08
  Speaker 1: that an mrn A vaccine has shown greater efficacy than
• 1:47:12
  Speaker 1: regular vaccines outside of COVID. So I thought, I thought
• 1:47:17
  Speaker 1: that would upset enough of you, because there's a bunch
• 1:47:19
  Speaker 1: of you hate vaccines, and then there's a bunch of
• 1:47:23
  Speaker 1: you hate m and A vaccines in particular, and yet
• 1:47:27
  Speaker 1: this is cool. By twenty twenty seven, it will be
• 1:47:31
  Speaker 1: available out there for people over fifty, which includes me,
• 1:47:36
  Speaker 1: to get a flu vaccines. So that is good news
• 1:47:41
  Speaker 1: and maybe maybe maybe some sanity at the Health and
• 1:47:45
  Speaker 1: Human Services Department, which is would be really surprising. Right.
• 1:47:53
  Speaker 1: All right, let's see all right, that, my friends, is
• 1:47:58
  Speaker 1: the news. So this Thursday, August sixth I went almost
• 1:48:01
  Speaker 1: two hours on that news, partially because of the sound gaps,
• 1:48:05
  Speaker 1: but not only because of that. So we had we
• 1:48:08
  Speaker 1: did a lot, a long segment on Tucker Colson. So
• 1:48:13
  Speaker 1: let us now turn to your super chats. But also
• 1:48:18
  Speaker 1: I want to remind you of Uh, I've got two
• 1:48:23
  Speaker 1: things I need to bring out here. God, how do
• 1:48:27
  Speaker 1: I stop anybody knowing a mac How you stop the
• 1:48:30
  Speaker 1: windows from resizing when you when you move like a
• 1:48:33
  Speaker 1: wood document or any other document and resizes kind of automatically.
• 1:48:38
  Speaker 1: I hate that. It drives me crazy. All right, So
• 1:48:41
  Speaker 1: we have another sponsor, says you know for the one
• 1:48:43
  Speaker 1: book show, including the Iron Institute. The Iron Institute is
• 1:48:48
  Speaker 1: launching has he launched? Well, it wants me to remind
• 1:48:53
  Speaker 1: you that they have a conference coming up at in Austin,
• 1:48:57
  Speaker 1: Texas in September mid September September eleventh through thirteenth. The
• 1:49:03
  Speaker 1: conference will have some of the leading thinkers and objectivism,
• 1:49:06
  Speaker 1: the leading teachers and objectivism speaking there, and anybody under
• 1:49:11
  Speaker 1: the age of thirty five. Anybody under the age of
• 1:49:13
  Speaker 1: thirty five and get a scholarship to the conference. You know,
• 1:49:20
  Speaker 1: all you have to do is go to Ironman dot
• 1:49:24
  Speaker 1: oak slash ybs, Ironman dot oak slash ybs, click on
• 1:49:27
  Speaker 1: the conference link and go and apply for scholarship. So
• 1:49:30
  Speaker 1: you know, the scholarships are amazing. They'll they'll fund your
• 1:49:34
  Speaker 1: travel and even your tuition. And the conference is going
• 1:49:37
  Speaker 1: to be even though I won't be there, the conference
• 1:49:39
  Speaker 1: is going to be a really you know, exciting, exciting conference.
• 1:49:44
  Speaker 1: So check it out. Ironman dot org slash ybs. All right,
• 1:49:49
  Speaker 1: we've talked about Defenders of Capitalism before. It's a it's
• 1:49:53
  Speaker 1: a project by my friend Mike Williams. We've been working
• 1:49:57
  Speaker 1: on this for years to defend cap As you know,
• 1:50:01
  Speaker 1: capitalism desperately needs defenders. Not people who merely know what
• 1:50:06
  Speaker 1: that markets work, but people who can explain why capitalism
• 1:50:09
  Speaker 1: is the only moral socioeconomic political system, the system of
• 1:50:13
  Speaker 1: individual rights, reason, voluntary exchange, innovation, human flourishing. So Mike
• 1:50:20
  Speaker 1: created the Defenders of Capitalism project is an important part
• 1:50:22
  Speaker 1: of something called Leadership Program of the Rockies, and it's
• 1:50:27
  Speaker 1: part of the Leadership Program of the Rockies curriculum. The
• 1:50:30
  Speaker 1: purpose of the Leadership program in the Rockies is to
• 1:50:32
  Speaker 1: develop knowledgeable, articulate, and persuasive advocates for capitalism, individual rights,
• 1:50:38
  Speaker 1: economic freedom, and the broader ideas of the Enlightenment. So
• 1:50:43
  Speaker 1: you know, I'll probably have Mike on the show for
• 1:50:46
  Speaker 1: a short interview next week to talk about LPR, which
• 1:50:50
  Speaker 1: I've been involved in since I think since two thousand
• 1:50:54
  Speaker 1: and three, I mean speaking spoken to every single year
• 1:50:57
  Speaker 1: at least once and sometimes up to three four times. Ye.
• 1:51:01
  Speaker 1: So anyway, you know, right now this month, the Leadership
• 1:51:10
  Speaker 1: Program of the Rockies is taking applications, taking applications. It's
• 1:51:15
  Speaker 1: recruiting for its twenty six twenty seven class. It's a
• 1:51:19
  Speaker 1: day of class every month, so you go from October
• 1:51:26
  Speaker 1: through June, so you know, basically nine months, nine classes,
• 1:51:31
  Speaker 1: nine full days. Uh, and every every day you have
• 1:51:36
  Speaker 1: multiple speakers speaking about America, the founding capitalism and the
• 1:51:43
  Speaker 1: ideas that that made America possible. So it's a it's
• 1:51:47
  Speaker 1: a fabulous program. Also, you learn to communicate, your your
• 1:51:52
  Speaker 1: tested on communication skills. You're taught communication skills. Really is
• 1:51:58
  Speaker 1: a program again, I mean involved dinner from two thousand
• 1:52:01
  Speaker 1: and three. So applications are due by the end of August.
• 1:52:05
  Speaker 1: You can find applications at Leadership Program dot org. Leadership
• 1:52:09
  Speaker 1: Program check it out now. Despite the name, the opportunity
• 1:52:13
  Speaker 1: is not limited to people who live in Colorado. Participants
• 1:52:17
  Speaker 1: of participants have traveled to the monthly sessions from across
• 1:52:21
  Speaker 1: the country, from Alaska and Maine to Florida, in Wisconsin
• 1:52:27
  Speaker 1: and other places right because they believe the education and
• 1:52:32
  Speaker 1: the network of worth the commitment. If you want to
• 1:52:35
  Speaker 1: deepen your knowledge, stop in your arguments and become a
• 1:52:38
  Speaker 1: more effective advocate for capitalism and freedom, consider applying for
• 1:52:42
  Speaker 1: Leadership Program of the Rockies and connect with Mike and
• 1:52:45
  Speaker 1: the Defenders of Capitalism project again. You can learn more
• 1:52:48
  Speaker 1: at Leadership Program dot og. Finally, Alex Epstein is a
• 1:52:54
  Speaker 1: sponsor of the show. Alex has a substack alex Epstein
• 1:52:59
  Speaker 1: dot substack dot com, which will provide you with the best,
• 1:53:02
  Speaker 1: most up to date information about the state of energy
• 1:53:05
  Speaker 1: in the United States, the state of the grid, the
• 1:53:07
  Speaker 1: state of energy production, and the Trump Trump Administration's attitude
• 1:53:13
  Speaker 1: towards energy regulations around energy. All of that he covers
• 1:53:17
  Speaker 1: and he gives you a talking point so you can
• 1:53:18
  Speaker 1: become a much better communicator about energy and about environmentalism.
• 1:53:24
  Speaker 1: And now he has taken up data centers as this
• 1:53:27
  Speaker 1: big thing. He's really advocating for data centers. So check
• 1:53:30
  Speaker 1: out Alex Epstein. That's subsack dot com. All right, reminder
• 1:53:36
  Speaker 1: we're doing we're doing pretty well on the super chats.
• 1:53:40
  Speaker 1: We're fifty dollars short of our second hour goal and
• 1:53:43
  Speaker 1: we've got five six minutes to make that up, and
• 1:53:47
  Speaker 1: then we'll start a new clock for the two fifty
• 1:53:49
  Speaker 1: for the third hour, but fifty bucks and we get
• 1:53:52
  Speaker 1: to our second hour goal and that'd be great. And
• 1:53:56
  Speaker 1: then remind you Patreon or PayPal other ways in which
• 1:54:02
  Speaker 1: to support the show on a regular basis. Monthly basis,
• 1:54:05
  Speaker 1: you can become a monthly subscriber to the show, and
• 1:54:09
  Speaker 1: so go to Patreon, go to over the PayPal, put
• 1:54:13
  Speaker 1: in your on book show and becoming a monthly subscriber.
• 1:54:15
  Speaker 1: I love the monthly subscribe subscriptions because it gives me,
• 1:54:19
  Speaker 1: you know, certainty about what's coming in next month. All right,
• 1:54:23
  Speaker 1: let's check out your super chats. Let's start with got
• 1:54:27
  Speaker 1: some fifties and more fifties and more fifties. So let's
• 1:54:32
  Speaker 1: start with the first fifty, which is actually one hundred
• 1:54:36
  Speaker 1: Canadian dollars, which is seventy one American dollars these days,
• 1:54:39
  Speaker 1: and that's AJ and AJ says, making making thinking fashionable again. Yes,
• 1:54:47
  Speaker 1: we'll try trying to get people to think, think outside
• 1:54:50
  Speaker 1: the box, non tribal thinking. There is no such thing
• 1:54:54
  Speaker 1: as tribal thinking. So it's just thinking. Only individuals could think,
• 1:54:59
  Speaker 1: and only you can think for you. Nobody can think
• 1:55:01
  Speaker 1: for you. So think think thing. Challenge conventional beliefs out there.
• 1:55:07
  Speaker 1: There's so much, there's so much it needs to be
• 1:55:10
  Speaker 1: challenged self, a subscriber, Is it a common political strategy
• 1:55:19
  Speaker 1: to appeal to the primary value of interest groups with
• 1:55:23
  Speaker 1: voting power? Dave Ramsey is radical against individual debt and
• 1:55:28
  Speaker 1: has a viewer base that would gravitate towards an anti
• 1:55:33
  Speaker 1: debt message. Yeah, but Dave Ramsey is not running for
• 1:55:38
  Speaker 1: politics as far as I know, so I'm not sure.
• 1:55:41
  Speaker 1: I'm not sure what the question is. Is it common
• 1:55:42
  Speaker 1: political strategy to appeal to the primary value of interest
• 1:55:46
  Speaker 1: groups with voting power. Yes, there's no question. I mean
• 1:55:50
  Speaker 1: all politicians try to appeal to old people because old
• 1:55:53
  Speaker 1: people vote, so they'll never talk about reforming social security
• 1:55:58
  Speaker 1: and Medicare. By the way, there's a purpose in Congress
• 1:56:01
  Speaker 1: to start talking about reforming social security Medicaid. And the
• 1:56:04
  Speaker 1: two senators that are proposing it are senators that are
• 1:56:07
  Speaker 1: not running for reelection. They'd be primed out. Anybody running
• 1:56:12
  Speaker 1: for reelection caters to old people by not mentioning or
• 1:56:16
  Speaker 1: by committing themselves to protecting MEDICAI and SOID security, even
• 1:56:20
  Speaker 1: though both systems are going bankrupt and are destroying America,
• 1:56:24
  Speaker 1: literally destroying America. It was one good thing you could
• 1:56:28
  Speaker 1: do for America right now is a title and reform.
• 1:56:32
  Speaker 1: And yet nobody in Washington will even mention it unless
• 1:56:36
  Speaker 1: you're not running for reelection anymore. And notice techer Cosson
• 1:56:41
  Speaker 1: won't mention it, right, He mentions our debt as individuals.
• 1:56:45
  Speaker 1: He doesn't mention the government debt and the titlements because
• 1:56:48
  Speaker 1: he doesn't want to alienate his listeners. The listeners all
• 1:56:51
  Speaker 1: get a lot of them are older, they get sold security, Medicaid,
• 1:56:55
  Speaker 1: So why alien antworm? But yeah, of course, constantly you
• 1:57:00
  Speaker 1: know you're pandering too special interest groups. That's what politics
• 1:57:03
  Speaker 1: has devolved into. It's a system of pandering to special
• 1:57:08
  Speaker 1: interest groups or pressure groups. Really didn't like calling them
• 1:57:12
  Speaker 1: special interests if they had an interest, they're really just
• 1:57:15
  Speaker 1: pressure groups. All right, let's see these all fifty dollars questions, Michael,
• 1:57:24
  Speaker 1: is it ever rational to apologize when you're not wrong
• 1:57:28
  Speaker 1: just to keep the peace, like in a work environment
• 1:57:31
  Speaker 1: or with extended family, to avoid unnecessary drama or openness.
• 1:57:35
  Speaker 1: I mean it can be, I guess if it's if
• 1:57:38
  Speaker 1: you're not really compromising anything, you know, significant, if it's
• 1:57:43
  Speaker 1: an apology over something that's not very important. But mostly, no,
• 1:57:49
  Speaker 1: mostly you should never apologize for something you're not at
• 1:57:51
  Speaker 1: fault to it. I mean, you might acknowledge that other
• 1:57:56
  Speaker 1: parties could understand what you did differently than what you intended,
• 1:58:01
  Speaker 1: but you want to reinforce the fact that you didn't
• 1:58:03
  Speaker 1: intend it, so you want to be able to You
• 1:58:07
  Speaker 1: should always acknowledge that other people could have a different
• 1:58:10
  Speaker 1: perspective than your perspective, but that should not usually typically
• 1:58:17
  Speaker 1: involve actually apologizing. So I would say for the most part, no.
• 1:58:25
  Speaker 1: I can imagine scenarios where it's not, where it's a
• 1:58:28
  Speaker 1: very small issue to keep the peace. Maybe, Michael says,
• 1:58:35
  Speaker 1: to clarify your thoughts on bullying, do you think it's
• 1:58:38
  Speaker 1: wrong for a child to tell a teacher if he's
• 1:58:41
  Speaker 1: being bullied? He should just fight the bully in his
• 1:58:43
  Speaker 1: own Oh, he should do both. I never told the
• 1:58:46
  Speaker 1: teacher when I was bullied. I just fought them. But
• 1:58:51
  Speaker 1: I think telling is a teacher. Telling a parent is good,
• 1:58:55
  Speaker 1: But I don't think it. I don't think it's likely
• 1:58:57
  Speaker 1: to as solved the partment, particularly not in a school
• 1:59:00
  Speaker 1: to schools today, because I think parents and teachers do
• 1:59:06
  Speaker 1: very little. Administrators and teachers. Again, the best way to
• 1:59:12
  Speaker 1: deal with the bully is to stand up to her,
• 1:59:14
  Speaker 1: and if you can get together a number of classmates
• 1:59:17
  Speaker 1: and do it together, even better. But I think telling
• 1:59:23
  Speaker 1: a teacher is good. And partially if you tell a teacher,
• 1:59:26
  Speaker 1: then she'll understand why you're fighting with the bully. You
• 1:59:31
  Speaker 1: pre warned her in a sense, so you don't get
• 1:59:34
  Speaker 1: blamed for it. I got blamed anyway, But I never
• 1:59:38
  Speaker 1: told the teachers. I just my parents would come and
• 1:59:43
  Speaker 1: they'd have to take me home, and I'd be suspended
• 1:59:45
  Speaker 1: for a little while and back to school, all right, Andrew,
• 1:59:52
  Speaker 1: I have a general understanding of what Rand meant when
• 1:59:55
  Speaker 1: she said, paraphrasing that morality and economics and interwined and
• 2:00:00
  Speaker 1: cannot be severed. But can you unpack that point? That's
• 2:00:06
  Speaker 1: what happened. Now, you guys still there, right, yes, I
• 2:00:16
  Speaker 1: mean the reality is that economic activity you don't reflect,
• 2:00:23
  Speaker 1: it reflects a particular moral perspective. Right, are you acting
• 2:00:28
  Speaker 1: to better your life? Are you pursuing your own self interest? Well,
• 2:00:34
  Speaker 1: that has economic bearing and it has moral bearing, and
• 2:00:38
  Speaker 1: you can't separate this to it versus a society in
• 2:00:42
  Speaker 1: which people don't care about bettering themselves. She gives the
• 2:00:47
  Speaker 1: example at some point of a country of South America,
• 2:00:50
  Speaker 1: where in order to try to get the work is
• 2:00:54
  Speaker 1: to work harder. They were told that if they produce more,
• 2:00:59
  Speaker 1: they would make more. So they shifted from hourly wages
• 2:01:03
  Speaker 1: to production by the unit, and they would show up
• 2:01:08
  Speaker 1: to work produced just enough to make the exact same
• 2:01:12
  Speaker 1: wages they made before, and go go to the beach.
• 2:01:18
  Speaker 1: So they weren't engaged in the process of self betterment.
• 2:01:23
  Speaker 1: They weren't interested in making themselves better. They weren't interested
• 2:01:27
  Speaker 1: in pursuing in any kind of sense self interest, certainly
• 2:01:33
  Speaker 1: rational self interest. So that's one sense. The other sense is,
• 2:01:37
  Speaker 1: of course, everybody knows that capitalism is selfish, self interested primality,
• 2:01:42
  Speaker 1: and therefore they always find flaws in it. They're always
• 2:01:47
  Speaker 1: gonna want to regulate it though, So think about this.
• 2:01:50
  Speaker 1: If capitalism is essentially self interested in if businessmen essentially
• 2:01:54
  Speaker 1: self interested, and we know that self interest aligned cheating, stealing, right,
• 2:02:00
  Speaker 1: people who are self interested a line cheating, you stealing,
• 2:02:03
  Speaker 1: then businessmen are line cheating and stealing, and then we
• 2:02:05
  Speaker 1: have to regulate them. Regulations always come from the perspective
• 2:02:09
  Speaker 1: of businessmen selfish. Selfishness is evil. Therefore evil needs to
• 2:02:14
  Speaker 1: be controlled. We can't we don't want to stop them completely,
• 2:02:17
  Speaker 1: but we don't control we want to control them. That's regulations.
• 2:02:21
  Speaker 1: And then, of course redistribution is a consequence of people
• 2:02:25
  Speaker 1: of their need stuff and they're not getting it, so
• 2:02:29
  Speaker 1: we have to take from you and give to them,
• 2:02:31
  Speaker 1: both a consequence of a moral attitude. So you cannot separate.
• 2:02:36
  Speaker 1: You can't talk about economics without the incentives that people have,
• 2:02:41
  Speaker 1: what drives them, what motivates them, And you can't talk
• 2:02:44
  Speaker 1: about regulations and the welfare state without talking about again
• 2:02:47
  Speaker 1: the morality of why they're even in place. Hopefully that's helpful,
• 2:02:56
  Speaker 1: all right, Okay, some twenty dollars questions. This one is
• 2:02:59
  Speaker 1: from yesterday. This is whom Andrew came in after the
• 2:03:03
  Speaker 1: show was over. Oh, by the way, Wes, thank you
• 2:03:05
  Speaker 1: for the stick of fifty dollars. That is very very generous.
• 2:03:08
  Speaker 1: Thank you, friend Harper for the sticker. Let's see who
• 2:03:12
  Speaker 1: else I need it? Thank for the sticker. The thumb
• 2:03:17
  Speaker 1: to the dumb to the thumb, dumb um. Maybe that
• 2:03:24
  Speaker 1: is it. Oh, Stephen, Stephen Harper, thank you for the sticker.
• 2:03:34
  Speaker 1: And let's eve can catch everybody a mic. Thank you
• 2:03:37
  Speaker 1: you started it off. And yeah, I think I got everybody.
• 2:03:41
  Speaker 1: If I didn't, I apologize and thank you anyway, Thank
• 2:03:45
  Speaker 1: you to all the stick of people. I guess all right.
• 2:03:49
  Speaker 1: Andrew asked yesterday there are clips of Trump saying in
• 2:03:52
  Speaker 1: April that he personally knew the contractor who renovated to
• 2:03:56
  Speaker 1: reflect your poll. Yes, with this statement, he made this
• 2:04:00
  Speaker 1: that he didn't know the contract that he's a case
• 2:04:03
  Speaker 1: study in automatized line. Yeah, I mean, he lies constantly.
• 2:04:09
  Speaker 1: There is no truth, has no meaning to him, It
• 2:04:14
  Speaker 1: has no cognitive status for him. He just lies, and
• 2:04:19
  Speaker 1: you know he and he gets away with it. So
• 2:04:22
  Speaker 1: he lies more and more and more and more, and
• 2:04:24
  Speaker 1: he lies constantly. And I don't know if what he
• 2:04:27
  Speaker 1: said originally was true. Or what he said now is true.
• 2:04:29
  Speaker 1: Who knows? He doesn't know, He might not know. He
• 2:04:33
  Speaker 1: know him, but he didn't know him. Well, what do
• 2:04:35
  Speaker 1: you mean by knowing him? I mean you could rationalize
• 2:04:37
  Speaker 1: it away. But yes, he is the absolute king of lying.
• 2:04:42
  Speaker 1: Nobody's ever done it with as much gusto as he does.
• 2:04:48
  Speaker 1: Uh chars about Even Lavernon Suley had some automation in
• 2:04:53
  Speaker 1: their brewery job. You could see it in the show's
• 2:04:56
  Speaker 1: opening title sequence. They weren't complain. Yeah, I don't remember
• 2:05:02
  Speaker 1: the opening sequence. I did watch Levin and Shirley a
• 2:05:05
  Speaker 1: little bit in the mid seventies, but I can't remember
• 2:05:11
  Speaker 1: Andrew one out of two. Okay, I see it. I
• 2:05:17
  Speaker 1: think there's a lesson that we learned about the character
• 2:05:19
  Speaker 1: in the slightly pitifil spectacle of Senator Bill Cassidy. On
• 2:05:24
  Speaker 1: his way to being forced out of DC, he had
• 2:05:27
  Speaker 1: a chance to preserve his integrity and respect for the
• 2:05:31
  Speaker 1: medical profession by voting against RFG junior appointment. His sporadic
• 2:05:36
  Speaker 1: newfound feeble resistance of Trump is like Keating painting towards
• 2:05:42
  Speaker 1: the end of the novel Qua Virtue of Independence. It's
• 2:05:45
  Speaker 1: too late, thoughts. Yeah, absolutely, way too late. He's lost
• 2:05:50
  Speaker 1: his soul. He's completely given it up for years and
• 2:05:53
  Speaker 1: years and years. He sucked up to Trump in one
• 2:05:57
  Speaker 1: of the most consequential decisions he had to make. He
• 2:06:00
  Speaker 1: voted for RFK when he was the pivotal vote and
• 2:06:04
  Speaker 1: where he was some of the people looked up to
• 2:06:07
  Speaker 1: as a doctor. He's a doctor, remember, and he didn't.
• 2:06:11
  Speaker 1: He caved again to Trump. Remember his whole career, he's
• 2:06:13
  Speaker 1: been caving to Trump. So yes, now is Cassidy the
• 2:06:19
  Speaker 1: one who actually voted to impeach Trump after January sixth?
• 2:06:24
  Speaker 1: I can't remember. So he had a moment of sanity
• 2:06:27
  Speaker 1: and then completely reverted back to because he thought Trump
• 2:06:30
  Speaker 1: was done with and would never show up again. And
• 2:06:32
  Speaker 1: then he as soon as Trump came back onto the scene,
• 2:06:36
  Speaker 1: he caved again. It's just people like that are just
• 2:06:39
  Speaker 1: so pathetic, so so so pathetic. Yes, no virtue of independence.
• 2:06:45
  Speaker 1: It's a it's a great illustration. Never be happy. He
• 2:06:49
  Speaker 1: is a secondhander through and through and and you know,
• 2:06:53
  Speaker 1: just just horrible and he knows it. Shasba, the most
• 2:06:59
  Speaker 1: recent Spider Man movie, depicts Ai in a very favorable light.
• 2:07:03
  Speaker 1: The Ai in his suit is quite advanced and amazingly helpful.
• 2:07:08
  Speaker 1: No doubt everyone will have one of these in the future. Yeah,
• 2:07:12
  Speaker 1: we can swing like that from building to building like
• 2:07:14
  Speaker 1: Spider Man. That's cool that it has a favorable view
• 2:07:19
  Speaker 1: of ai in. I was not going to see the
• 2:07:23
  Speaker 1: Spider Man movie because I don't you know, most Spider
• 2:07:26
  Speaker 1: Man movies, what are they? Thirteen or eighty in the franchise.
• 2:07:29
  Speaker 1: It's boring. But you know, maybe if you convince me
• 2:07:34
  Speaker 1: that there's enough positives to go see it, I'll go
• 2:07:36
  Speaker 1: see it. Okay, And am you see that this is
• 2:07:40
  Speaker 1: a five and ten dollars questions? You see the EU
• 2:07:42
  Speaker 1: being at warwith Islamism, But do you see no relation
• 2:07:48
  Speaker 1: between that and the ririse of mum Donnie I'll say
• 2:07:52
  Speaker 1: Yad and the other dsa Slamist candidates. Well, no, because
• 2:07:57
  Speaker 1: first of all, I don't think m Donni's an Islamist.
• 2:08:01
  Speaker 1: I think he's a leftist far leftist sympathetic to Islam,
• 2:08:05
  Speaker 1: but I don't think he's an Islamist. I don't know
• 2:08:08
  Speaker 1: about Elsea yet. So they hate Israel because that's what
• 2:08:11
  Speaker 1: the left does, the leftist hatred towards Israel. They're not
• 2:08:14
  Speaker 1: primarily guided by Islam they're primarily guided by their leftism.
• 2:08:22
  Speaker 1: So I don't know what you mean by that. That
• 2:08:23
  Speaker 1: is is America at war with Islamism. Yes, America's at
• 2:08:27
  Speaker 1: war with Islamism, just like Europe nine to eleven proved that,
• 2:08:31
  Speaker 1: and America hasn't done what's necessary to defeat Islamism. But
• 2:08:36
  Speaker 1: here's the thing. Muslim is a tiny fraction of the
• 2:08:40
  Speaker 1: American population, really a small fraction of the American population.
• 2:08:46
  Speaker 1: So I just don't see them as a threat. Whereas
• 2:08:50
  Speaker 1: in Europe in some places are ten percent, five to
• 2:08:54
  Speaker 1: ten percent. In the US they're way less than ten percent,
• 2:08:59
  Speaker 1: less than five per Uh yeah, Well, let me just
• 2:09:03
  Speaker 1: ask GPT what fraction of US studis and uh yeah.
• 2:09:17
  Speaker 1: So it's just not an existential threat. By the way,
• 2:09:20
  Speaker 1: I don't think Mamdani and I'll say, yeah, are existential
• 2:09:23
  Speaker 1: threats because I think that the majority of Americans will
• 2:09:27
  Speaker 1: always vote them out. So they can do a lot
• 2:09:29
  Speaker 1: of damage locally, but they can't do a lot of
• 2:09:32
  Speaker 1: damage nationally because they will not be they're not respected,
• 2:09:36
  Speaker 1: and I like the fall left in the Islamist will
• 2:09:42
  Speaker 1: not have a league power in the US. They might
• 2:09:44
  Speaker 1: in Europe, they might in Europe because they just have number.
• 2:09:48
  Speaker 1: The Islamists have numbers in Europe, they don't have them
• 2:09:50
  Speaker 1: in the United States. And by the way, I would
• 2:09:53
  Speaker 1: ban Islamist immigration from the US. I would ban that
• 2:09:57
  Speaker 1: as well. And again, if you can't defer between Muslims
• 2:10:00
  Speaker 1: and Islamists, than band Muslim immigration. But do it systematically, good, properly.
• 2:10:06
  Speaker 1: So here's the thing. One percent of US citizens are
• 2:10:10
  Speaker 1: Muslim one percent. So there more Jews in America than
• 2:10:14
  Speaker 1: they are Muslims. So what are you worried about? Now?
• 2:10:22
  Speaker 1: I will do a show on Islamic you know, Muslims
• 2:10:29
  Speaker 1: in America and uh so I will do a show
• 2:10:32
  Speaker 1: on that soon. But one what is one percent going
• 2:10:38
  Speaker 1: to do? What's one percent going to achieve? The only
• 2:10:43
  Speaker 1: reason I'll say yeah wins is not because he's Muslim.
• 2:10:45
  Speaker 1: It's because he's a leftist and the Democratic Party is
• 2:10:48
  Speaker 1: turning radically left, big chunks of it. And the reason
• 2:10:54
  Speaker 1: I'm doney one is not because muslim voted for him.
• 2:10:56
  Speaker 1: It's because leftist professionals voted for him, not because of
• 2:11:01
  Speaker 1: his Islamism, but because of his leftism. So leftism is
• 2:11:06
  Speaker 1: a threat, but it's only a threat locally it's not
• 2:11:09
  Speaker 1: a threat nationally. All right, Andrew, fifty dollars, Thank you again.
• 2:11:17
  Speaker 1: How do you support the claim that morality crumps in
• 2:11:21
  Speaker 1: the context of the educated youth support for socialism. It
• 2:11:25
  Speaker 1: is true that they receive a po education in economics
• 2:11:28
  Speaker 1: and maybe ignorant. So what points to morality being the
• 2:11:32
  Speaker 1: central factor. Well, the fact that you can just look
• 2:11:39
  Speaker 1: out the answer the world and if you know a
• 2:11:42
  Speaker 1: little bit of history, and it's not that hard to
• 2:11:45
  Speaker 1: figure out the difference between North Korea and South Korea,
• 2:11:47
  Speaker 1: East Berlin and West Berlin, Venezuela before and after socialism,
• 2:11:52
  Speaker 1: Chile before and before and after socialism. It's just there's
• 2:11:56
  Speaker 1: too many examples not to say, see the destructiveness of socialism. Now,
• 2:12:03
  Speaker 1: granted they get a bad education in economics, but these
• 2:12:05
  Speaker 1: are this is stuff that you don't need economic theory
• 2:12:09
  Speaker 1: to understand. And then if you add to that the
• 2:12:15
  Speaker 1: fact that they are inundated with egalitarianism and altruism and
• 2:12:24
  Speaker 1: the ideology of sacrifice a you know, an ideology that
• 2:12:30
  Speaker 1: is dedicated to sacrifice, sacrifice of the individual to the group.
• 2:12:37
  Speaker 1: Socialism just clicks for them, It just makes complete sense.
• 2:12:41
  Speaker 1: It shouldn't be surprising at all at all. So, and
• 2:12:49
  Speaker 1: why can't anybody argue against socialists? Why can't their parents
• 2:12:54
  Speaker 1: dissuade them? Why can't the culture that isn't taken this?
• 2:13:00
  Speaker 1: I think it's socialism not dissuade them? Why can't because
• 2:13:04
  Speaker 1: they can't make them all argument foll capitalism. They accept
• 2:13:08
  Speaker 1: the morality of socialism while rejecting its spectaclity. Well, but
• 2:13:13
  Speaker 1: if it's mow, then we just have to try it
• 2:13:15
  Speaker 1: enough times. It's the right thing to do, so it's
• 2:13:18
  Speaker 1: just a matter of finding the right combination of sacrifices
• 2:13:22
  Speaker 1: to make it work, whatever the hell that means. Guys,
• 2:13:30
  Speaker 1: like the show, press the like button. It doesn't cost
• 2:13:32
  Speaker 1: you anything. It's not that hard to do. Just click
• 2:13:34
  Speaker 1: a button, and all it does is helps algorithm with
• 2:13:39
  Speaker 1: the show right now with sixty four likes I think,
• 2:13:41
  Speaker 1: and over one hundred and ten people watching, and a
• 2:13:45
  Speaker 1: lot of people have watched and left. So go in
• 2:13:47
  Speaker 1: and like the show. Just click the like button. It's
• 2:13:50
  Speaker 1: really helpful, all right, Leslie, If you could go back
• 2:13:55
  Speaker 1: in time and dissuade Trump from attacking you on until
• 2:13:58
  Speaker 1: twenty eight, would you? Is there a higher probability Iran
• 2:14:02
  Speaker 1: collapses in the next two years. Maybe maybe, I probably
• 2:14:07
  Speaker 1: would dissuade him because what's happening right now is so embarrassing,
• 2:14:12
  Speaker 1: it's so disheartening, and it's so damaging to us interest
• 2:14:17
  Speaker 1: around the world. It's destroyed the alliance of the Gulf States,
• 2:14:21
  Speaker 1: it's destroyed whatever you know. China's in bold, and it's
• 2:14:25
  Speaker 1: emboldening all our enemies. See. Yes, I would dissuade him
• 2:14:29
  Speaker 1: from doing it, even if it turns out Iran will
• 2:14:32
  Speaker 1: collapse in two years because of the global damage that
• 2:14:37
  Speaker 1: this is done to the United States. Nrick. Yes, it's
• 2:14:43
  Speaker 1: unification of the left and right, not in environmentalism but
• 2:14:46
  Speaker 1: on statism, in the amalgamum of congruent ideologies. Yes, and
• 2:14:51
  Speaker 1: a big part of it is Israel. They need an enemy,
• 2:14:56
  Speaker 1: like you know, the right has China and the left
• 2:15:01
  Speaker 1: or the center right has China. Even center left has China,
• 2:15:05
  Speaker 1: and the far left and far right have Israel as
• 2:15:07
  Speaker 1: the enemy, the Jews as the enemy. They need that, Neo.
• 2:15:12
  Speaker 1: Do you think the stockpole shortage is a lie? It
• 2:15:15
  Speaker 1: feels like this kind of information would be classified and
• 2:15:18
  Speaker 1: the media is using it as political gain. No, I
• 2:15:21
  Speaker 1: don't think it's a lie. I think it's true. I
• 2:15:23
  Speaker 1: don't know if the number is exactly right. It's probably
• 2:15:26
  Speaker 1: not as bad as people portray it. But yeah, it's
• 2:15:28
  Speaker 1: absolutely true. And we know that because people are complaining
• 2:15:30
  Speaker 1: about it. We know it because because at least with
• 2:15:33
  Speaker 1: Patriot missiles, we're not giving them to anybody. We know
• 2:15:36
  Speaker 1: that Ukraine is begging for them and they can't get them.
• 2:15:39
  Speaker 1: So it's not a lie. There's definitely a munition shortage
• 2:15:43
  Speaker 1: out there, and talking to people who know how the
• 2:15:46
  Speaker 1: process works, they've explained why it happens and why these
• 2:15:51
  Speaker 1: companies can't produce ammunitions fast enough. And you know so
• 2:15:55
  Speaker 1: somebody like Blake Shoul's is on Twitter constantly giving you
• 2:15:58
  Speaker 1: examples of the municius shortage, and I think he's well
• 2:16:01
  Speaker 1: informed about the supply side, the manufacturing side. All right,
• 2:16:10
  Speaker 1: let's see, uh, Michael, losers get trapped in their losses.
• 2:16:19
  Speaker 1: Winners just move forward. Yeah. I think a mentality of
• 2:16:25
  Speaker 1: a winner moves forward. Uh, And and losers loses and losers. Yeah, Michael.
• 2:16:33
  Speaker 1: Do you expect that to be real housing shortages in
• 2:16:36
  Speaker 1: New York City after Mom Donnie's reform chase landlords out
• 2:16:40
  Speaker 1: of New York City? Well, there won't be. I mean,
• 2:16:43
  Speaker 1: there's already a shortage of housing, so there will be
• 2:16:45
  Speaker 1: more of that. No, I think the stock of housing
• 2:16:49
  Speaker 1: will deteriorate, the quality will go down. Ultimately, those that
• 2:16:54
  Speaker 1: are not protected their rents will go up. But you know,
• 2:16:59
  Speaker 1: he's awesome from Donny's credit, deregulating zoning and allowing for
• 2:17:04
  Speaker 1: more building so unbalanced. How bad things will be when
• 2:17:10
  Speaker 1: Mombany leaves office, I don't know, because he's doing good
• 2:17:13
  Speaker 1: things on the yes in my backyard front while doing
• 2:17:18
  Speaker 1: price controls on rent. So it's just mixture of stuff, Michael.
• 2:17:26
  Speaker 1: Most people take advantage of kindness instead of appreciating it. Well,
• 2:17:32
  Speaker 1: most people, Yeah, I don't know if most people. I
• 2:17:34
  Speaker 1: don't know if that's most Certainly there are people who
• 2:17:36
  Speaker 1: take advantage of kindness and don't appreciate it, and that's
• 2:17:39
  Speaker 1: it and it's wrong of them, Michael. Why was German
• 2:17:45
  Speaker 1: fascism centered around anti Semitism whereas the fascism of Spain,
• 2:17:49
  Speaker 1: Italy and Japan was not. Well, Japan has no Jews,
• 2:17:53
  Speaker 1: so it's not an issue in Japan. In Spain, Fanco,
• 2:17:59
  Speaker 1: there weren't a lot of because they kicked them all out.
• 2:18:01
  Speaker 1: During the Inquisition, so it wasn't a big issue for
• 2:18:04
  Speaker 1: the Spanish because they couldn't blame stuff on the Jews
• 2:18:07
  Speaker 1: because they didn't have a significant Jewish population. But they
• 2:18:10
  Speaker 1: were very anti Semitic, don't get me, don't get it wrong.
• 2:18:13
  Speaker 1: They were definitely and Italy wasn't anti Semitic. I don't
• 2:18:17
  Speaker 1: know exactly why they had a better relationship with their Jews,
• 2:18:22
  Speaker 1: but look, the Popa treated Jews really really badly. There
• 2:18:25
  Speaker 1: was a Jewish ghetto in Rome. But why I think
• 2:18:31
  Speaker 1: Mussolini was much more focused on economic issues and revitalizing.
• 2:18:37
  Speaker 1: I think in Germany it comes from an ancient tradition.
• 2:18:40
  Speaker 1: Look modern Luther, who is the you know, the Reformation
• 2:18:49
  Speaker 1: and the guy who kind of established German Protestantism, Lutherans,
• 2:18:54
  Speaker 1: I mean mountin Luther was unbelievably anti Semitic, and Christianity
• 2:19:00
  Speaker 1: in Germany was very anti Semitic. And you know, I
• 2:19:06
  Speaker 1: think that the conspiracy theories around Jews, the anti Semitism
• 2:19:11
  Speaker 1: was already in the German culture. So all Hitler had
• 2:19:17
  Speaker 1: to do was take advantage of it was latch onto.
• 2:19:21
  Speaker 1: It was exploited. He didn't have to invent it, so
• 2:19:25
  Speaker 1: it was rife in German culture. Now why was it
• 2:19:28
  Speaker 1: wife in German culture and not other cultures. I think
• 2:19:30
  Speaker 1: because German Jews were incredibly successful. They many of them
• 2:19:34
  Speaker 1: had assimilated. They were doctors, they were lawyers, they were scientists,
• 2:19:37
  Speaker 1: they were financiers, of course, bankers, and they'd achieved great success,
• 2:19:42
  Speaker 1: and they were an easy scapegoat for all for their loss.
• 2:19:47
  Speaker 1: Why Germany lost World War One, why Germany had such
• 2:19:51
  Speaker 1: a hardy economy, haughty economic times in during the nineteen thirties.
• 2:19:55
  Speaker 1: It was an easy scapegoating because everybody already hated them,
• 2:19:58
  Speaker 1: everybody already was envious of them, whereas that's not the
• 2:20:01
  Speaker 1: case in Spain because they weren't there, and it's not
• 2:20:04
  Speaker 1: the case for Italy. For reasons I don't exactly know.
• 2:20:11
  Speaker 1: Apollo zeus another influx into Sweta on August fifteenth. I
• 2:20:17
  Speaker 1: don't think so. I don't see why. I think this
• 2:20:21
  Speaker 1: has played out. I don't think what's the advantage of
• 2:20:25
  Speaker 1: the people swarming it. I don't think them Moroccans. I mean, yeah,
• 2:20:30
  Speaker 1: I think it's played out. I don't think it's gonna
• 2:20:32
  Speaker 1: happen again. We'll see, maybe I'm wrong, but we'll see
• 2:20:43
  Speaker 1: rue downs for your Mac issue system. Setting desk up
• 2:20:47
  Speaker 1: and dog click on Windows, toggle off, drag windows to
• 2:20:52
  Speaker 1: menu bar to fill screen, and drag to left tie
• 2:20:56
  Speaker 1: right edge of screen to time. Oh, thank you, perfect, perfect,
• 2:21:02
  Speaker 1: exactly what I needed. I'll check the news about this
• 2:21:08
  Speaker 1: August fifteenth, but I don't. I just don't think it'll happen.
• 2:21:16
  Speaker 1: In spite of what people are talking Spanish are thirty
• 2:21:19
  Speaker 1: is concerned about possible August thirteenth things being considered about
• 2:21:24
  Speaker 1: of a possible migrant crossing. Let's read this story quickly. Hih.
• 2:21:35
  Speaker 1: Acting on my campaign exists with the potential of mobilized people.
• 2:21:44
  Speaker 1: Where do we autitite a non? Can you guys hear that? Yeah,
• 2:21:57
  Speaker 1: I see the news, We'll see what happened. I don't
• 2:22:00
  Speaker 1: think it will happen. I think that'll do what's necessary
• 2:22:03
  Speaker 1: to stop it from happening. Andrew another example of the
• 2:22:10
  Speaker 1: impracticality of compromising on characters. Rubio. He won't continue to
• 2:22:14
  Speaker 1: succeed in the modern right unless he evades hard and
• 2:22:18
  Speaker 1: violates any good principles he had. What do you pretend for?
• 2:22:23
  Speaker 1: You know, it's hard to tell, right, because he might
• 2:22:27
  Speaker 1: succeed politically, I think he is a I think he's
• 2:22:30
  Speaker 1: a miserable human being. I think he's yeah, he's you know,
• 2:22:39
  Speaker 1: I don't think he can be successful. I don't think
• 2:22:41
  Speaker 1: he can go anywhere. Right, So I think that he
• 2:22:52
  Speaker 1: that he has sold his soul and he has no
• 2:22:55
  Speaker 1: soul left. And therefore, what would he stand on, what
• 2:22:58
  Speaker 1: would he fight on, what will he what will his
• 2:23:01
  Speaker 1: agenda be, what will be I just don't see how
• 2:23:05
  Speaker 1: he can win. Jdvans is a much better position, and
• 2:23:12
  Speaker 1: you know he'll be lumped in as a Neo Khon
• 2:23:15
  Speaker 1: for his support for the war. Now, he might have
• 2:23:18
  Speaker 1: a majority of Republicans and it could be the Rubio
• 2:23:21
  Speaker 1: could be the Democrat better. But again, the people who
• 2:23:25
  Speaker 1: vote in the primaries are not the people who majority,
• 2:23:30
  Speaker 1: you know, just average Republicans. They are the mega people.
• 2:23:32
  Speaker 1: They are the committed and they I think unlikely to
• 2:23:37
  Speaker 1: vote for Rubio. But we'll see. You know, in politics,
• 2:23:44
  Speaker 1: losing your soul and being a liar and being generally
• 2:23:47
  Speaker 1: a scumbag sometimes as an advantage, not a disadvantage. So
• 2:23:51
  Speaker 1: one field in life where dishonesty can pay off if
• 2:23:55
  Speaker 1: the payoff is political power. So it doesn't function by
• 2:24:00
  Speaker 1: the usual moral principles of practical is the maral. It
• 2:24:05
  Speaker 1: does in the sense that if the practical is your
• 2:24:07
  Speaker 1: life and your happiness and you're flourishing, it doesn't if
• 2:24:11
  Speaker 1: you're measured by power and political success. All right, guys,
• 2:24:16
  Speaker 1: thank you, thanks to all the super chatters. You were
• 2:24:18
  Speaker 1: great and I will see you guys tomorrow after Ice
• 2:24:24
  Speaker 1: watch Nolan's The Odyssey. Hopefully you're interested in my review
• 2:24:29
  Speaker 1: of the Odyssey and you'll join me. It should be fun.
• 2:24:32
  Speaker 1: I'll also review other reviews of the Odyssey, talk about
• 2:24:34
  Speaker 1: how other people have approached it, and uh yeah, it
• 2:24:38
  Speaker 1: should be a fun show. See you all tomorrow. Bye, everybody,