Latest / Yaron Brook Show / Iran Deal?; War; Oil; ICE; Social Media; Anthropic; Private Credit; Music | Yaron Brook Show

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Iran Deal?; War; Oil; ICE; Social Media; Anthropic; Private Credit; Music | Yaron Brook Show · Yaron Brook Show

0:03
Speaker 1: A lot of them, fundamental principles of Ledo la little
0:09
Speaker 1: self interest and individual lots. This is the show. Oh right, everybody,
0:22
Speaker 1: welcome to your one book show on this What is
0:25
Speaker 1: it Wednesday, March twenty fifth, March is almost over, twenty
0:32
Speaker 1: twenty six anyway. Uh yeah, time just flies when you're
0:37
Speaker 1: having as much fun as we guy, we all are having.
0:40
Speaker 1: Uh so, uh, let us jump into coverage of the news.
0:52
Speaker 1: The news today. I mean, the big story right now
0:58
Speaker 1: is the back and forth between the United States and Iran.
1:03
Speaker 1: And nobody really knows except if I think people within
1:06
Speaker 1: an administration what exactly is going on. It's not clear
1:11
Speaker 1: if the you know, the Trump administration is actually talking
1:17
Speaker 1: to anybody in Iran, or they're making it up, or
1:19
Speaker 1: they're imagining it. They've got to imaginary friends in Tehran.
1:25
Speaker 1: It could be that they are that is, they are Uranians.
1:30
Speaker 1: They are you know, the speaker of the House of Iran,
1:33
Speaker 1: who's supposedly the guy they're talking to, is actually talking
1:37
Speaker 1: to them, but can't admit that to anybody in Tehran,
1:40
Speaker 1: so he's pretending not to and that all conversations going on.
1:45
Speaker 1: I mean, you could be whiplashed if you followed all
1:48
Speaker 1: the news about oh, jade Evans is going to Pakistan
1:51
Speaker 1: to sit down with the Chairman of the House of
1:53
Speaker 1: the Speaker of the House of the Iranian Parliament any
1:56
Speaker 1: day now. And no, the Ranians say they're not with anybody.
2:00
Speaker 1: And Trump sends a fifteen point plan and says, oh,
2:04
Speaker 1: the Ranians have already agreed to much of it. Any
2:07
Speaker 1: Iranians send back a five point plan that even Donald
2:11
Speaker 1: Trump won't agree with any of that. So, you know,
2:23
Speaker 1: the bottom line is, we don't know. We really don't
2:29
Speaker 1: know what is going on. The likely scenario is that
2:36
Speaker 1: Trump is using this as an excuse not to bomb
2:41
Speaker 1: the not to bomb the electric facilities, which he decided
2:44
Speaker 1: over the weekend was probably not a good idea and
2:46
Speaker 1: he probably shouldn't have threatened to do it. It's probably
2:51
Speaker 1: also a way to divert attention while the United States
2:55
Speaker 1: potentially builds up forces and ota invades on the islands
3:00
Speaker 1: Island or other islands in the Homo Straits. But it's
3:03
Speaker 1: hard to believe the Ranians would fall for that because,
3:06
Speaker 1: like Trump has on several occasions now, fake them out
3:11
Speaker 1: with negotiations. So it's hard to believe the Ranians are
3:14
Speaker 1: falling for it, So you know, again, maybe it's to
3:16
Speaker 1: distract us, not others. I mean, the Speaker of the
3:22
Speaker 1: House of Yuan tweeted earlier, based on some data, Uran's enemies,
3:28
Speaker 1: with the sport of one of the regional countries, are
3:30
Speaker 1: preparing to occupy one of the Iranians of the Iranian Islands.
3:34
Speaker 1: All enemy movements under the full surveillance of our armed forces.
3:37
Speaker 1: If they step out of line, all the vital infrastructure
3:40
Speaker 1: of that regional country will, without restriction, become the targetive,
3:44
Speaker 1: relentless attack. So he's threatening, he's threatening whoever Yuee, Saudi Arabia,
3:53
Speaker 1: whoever he imagines is working with the United States on
3:58
Speaker 1: this supposed invasion. I think the bottom line is we
4:02
Speaker 1: just we just don't know what's going on. A lot
4:05
Speaker 1: of people speculating. I mean, if people saying no, there
4:08
Speaker 1: really is negotiations, it's just everybody's denying it. But think
4:12
Speaker 1: of it. The United States has so much leverage over
4:15
Speaker 1: these people. They've got to compromise, they've got to kind
4:17
Speaker 1: of deal. What options do they have? But that grows
4:19
Speaker 1: the fact that these are religious fanatics and they have
4:21
Speaker 1: no problem just sticking with it. They'd rather the whole
4:25
Speaker 1: of you on burned down, including themselves, than surrender to
4:29
Speaker 1: the Americans, because that get you know, burning down gets
4:33
Speaker 1: them into heaven and surrender gets sends them to hell.
4:37
Speaker 1: It's almost impossible, you know, to Speaker of the House
4:40
Speaker 1: is a hardliner. He's not some moderate. He's a former
4:44
Speaker 1: uh GC, he's uh he's been involved in Iranian leadership
4:50
Speaker 1: for many many many really for decades now. He's not
4:54
Speaker 1: some kid, he's not again, he's not a softy moderate anything.
5:00
Speaker 1: He's a fanatic hardliner. And now it's possible that he
5:06
Speaker 1: feels for his life and he'll cut a deal, but
5:09
Speaker 1: you know, you have to be skeptical of it. So
5:11
Speaker 1: right now my assessment is, and I think the assessment
5:14
Speaker 1: right now in Israel is that there's there's not going
5:17
Speaker 1: to be a deal. This is Trump testing the waters
5:24
Speaker 1: and maybe faking them out a little bit, right. But
5:29
Speaker 1: it's unlikely even if the Speak of the House, this guy,
5:34
Speaker 1: Gelly buff wanted a deal, would anybody else around him
5:39
Speaker 1: support it. If they don't support it, would they kill him?
5:42
Speaker 1: What about the stream leader? Is he awakes supposedly is
5:47
Speaker 1: he's a pretty hardliner. The son of how many would
5:51
Speaker 1: he agree to, giving up on the nuclear program, giving
5:54
Speaker 1: up on the missile program, giving up this you know,
5:57
Speaker 1: they control the straits of Homos. No, I mean, the
6:00
Speaker 1: five point plan that they sent back to the US
6:02
Speaker 1: basically says, we don't give up on anything, you pass reparations,
6:06
Speaker 1: you commit to never attacking us again, and by the way,
6:10
Speaker 1: we control the streets of Homos from now on. So
6:14
Speaker 1: obviously that's not serious because they know America can't accept that.
6:19
Speaker 1: So either they don't to negotiate and they're just telling
6:23
Speaker 1: America to go to hell, or there's some game going
6:26
Speaker 1: on very much in the background that we are not
6:29
Speaker 1: privy to and have no insight into. So we will see,
6:33
Speaker 1: we will see exactly what happens here over the next
6:36
Speaker 1: few days weeks. We might never know what exactly happened
6:40
Speaker 1: with all of these proposals. You know, the new deadline
6:45
Speaker 1: for bombing the electric facilities that leader Tehran runs out
6:50
Speaker 1: over the weekends. So it'll be interesting to see if Trump,
6:54
Speaker 1: does you know, bombs them or whether he gives them
6:57
Speaker 1: another extension, because maybe some fictitious Iranian is meeting with
7:02
Speaker 1: some fictitious American in Islamabad in Pakistan to negotiate peace.
7:07
Speaker 1: Who knows what the games are going. The one thing
7:09
Speaker 1: we do know is that, you know, the United States
7:15
Speaker 1: is not engaged in an all out, no holds bar
7:19
Speaker 1: campaign to crush the Uranians. That we know. I mean,
7:23
Speaker 1: it's it's delay, it's you know, they've crushed their military,
7:27
Speaker 1: and their military doesn't is weakened dramatically, but they're still
7:31
Speaker 1: launching missiles, although only fifteen today, so a big step backwards,
7:39
Speaker 1: you know, probably because of those bombings yesterday that I
7:43
Speaker 1: told you about, of the of the underground you know,
7:47
Speaker 1: mountain facility. So it'll slow them down. It'll take them
7:50
Speaker 1: a while to clear the rubble and be able to
7:52
Speaker 1: relaunch from there. Hopefully they never will be able to,
7:55
Speaker 1: but maybe they will. It just it, it's in the stalemate.
8:02
Speaker 1: Israel in the United States keep degrading Iran. They keep degrading, degrading, degrading, degrading,
8:08
Speaker 1: degrading the military capabilities. I don't know if they're getting
8:13
Speaker 1: more equipment from Russia and China, It's hard to tell,
8:17
Speaker 1: but we know these rae LEAs and the Americans are
8:19
Speaker 1: degrading them substantially. The United States is trying to clear
8:23
Speaker 1: as much of their of the Homost Straits as they
8:25
Speaker 1: can of missiles, boats, anything that could block the straits.
8:33
Speaker 1: So we know the US is doing that. Iran loves
8:37
Speaker 1: missiles every once in a while, drones every once in
8:40
Speaker 1: a while, whenever they can, whenever they can find a launcher,
8:43
Speaker 1: whenever they can find a missile, they lob it over
8:45
Speaker 1: to Israel or to the Gulf States to try and
8:48
Speaker 1: inflict any kind of damage. And that could continue for weeks.
8:54
Speaker 1: Maybe not. Maybe the United States and Israel can get
8:57
Speaker 1: to a point where they have so degraded the Iranians
9:00
Speaker 1: that the Ranians literally cannot do anything, and then they lose,
9:08
Speaker 1: They lose whatever leverage they have. And if they continue that,
9:12
Speaker 1: and then ultimately if the United States can open the
9:14
Speaker 1: streets of Homos, then that is the endgame. But that's
9:20
Speaker 1: going to be another at least a couple of weeks,
9:22
Speaker 1: both the United States and Israel and now saying we
9:25
Speaker 1: always said this is four to six weeks. I remember
9:29
Speaker 1: four weeks, I don't remember six. But now they're saying,
9:31
Speaker 1: we always said four to six weeks. So they're giving
9:34
Speaker 1: themselves in a couple of weeks another few weeks to
9:37
Speaker 1: do this. So they extending it to six weeks. So
9:41
Speaker 1: we've got two more weeks, and you know, we will see,
9:48
Speaker 1: we will see. At the end of the day, the
9:50
Speaker 1: US has to open the states of homos. That's it,
9:52
Speaker 1: that's the story. If they can do it, they win.
9:55
Speaker 1: If they can't do it, it's kind of a stalemate and
9:58
Speaker 1: the world suffers because, as we'll talk about, there's a
10:01
Speaker 1: there's real there's real problems with oil and UH and
10:07
Speaker 1: so on. So it boils down to as I've said
10:10
Speaker 1: all along, even from before, even about a year ago,
10:14
Speaker 1: it all bos down to States of homos and whether
10:16
Speaker 1: they can open it up. I mean, even if they can't. Right,
10:20
Speaker 1: Iran has been diminished dramatically, and I supposedly Nataniel told
10:25
Speaker 1: the military today the just in case there really is
10:29
Speaker 1: a deal between the Iranians and Trump, just in case
10:33
Speaker 1: that over the next two days they should intensify their
10:37
Speaker 1: attacks on Iran dramatically. They should prioritize targets and just
10:41
Speaker 1: take them out so that they're not in a position
10:45
Speaker 1: where in a couple of days Trump says, whoops, we
10:47
Speaker 1: signed a deal and Israel can't and the targets there'soe
10:51
Speaker 1: really wants to take out that are not being taken out.
10:54
Speaker 1: So we'll see if that's true. But I wouldn't be
10:57
Speaker 1: surprised that between now and the weekend is really he
11:00
Speaker 1: goes all out, maybe puts Chrisabella in Lebanon aside for
11:07
Speaker 1: a few for a few days, and just goes all
11:10
Speaker 1: out on Iran. By the way, one of their five
11:13
Speaker 1: conditions that the Iranians set for for ceasefire, I guess
11:17
Speaker 1: was that Israel stop attacking Risbella. And I cannot imagine
11:23
Speaker 1: that Israel would ever agree to that, So I don't know.
11:26
Speaker 1: I don't think Trump could force them to agree to
11:28
Speaker 1: something like that, so that I think is totally off
11:31
Speaker 1: the table. But Iran is playing the cause as if
11:34
Speaker 1: they're the way. If they won, they're the winners, and
11:38
Speaker 1: and uh you know they they they they can get
11:40
Speaker 1: away with this, all right. Uh, let's see what else
11:48
Speaker 1: I want to tell you about. Yeah, I mean again,
11:54
Speaker 1: the fifteen point plan that they sent to Iran I
11:58
Speaker 1: think is irrelevant, but there was a plan that was sent.
12:04
Speaker 1: Uranians think it's a trick to buy time and to
12:08
Speaker 1: distract them. Okay, a few things. The conprience of Saudi
12:13
Speaker 1: Arabia delivered a you know, a speech. I think this
12:18
Speaker 1: was yesterday or this or today. Yesterday delivered a speech
12:22
Speaker 1: yesterday basically going really all out against Iran. I mean,
12:27
Speaker 1: he basically argued that Iran has received one hundred and
12:30
Speaker 1: fifty billion dollars in sanctioned relief under Obama and Biden,
12:36
Speaker 1: and they didn't build a single street. He said, they
12:39
Speaker 1: didn't build a residential complex, they didn't build industrial facility
12:42
Speaker 1: for its citizens. Every dollar went towards launching missiles of
12:46
Speaker 1: Saudi Arabia and of course everybody else, and financing terrorist
12:51
Speaker 1: organizations around the world. I mean, there's a way in
12:56
Speaker 1: which the con Prince of Saudi Arabia is tough on
12:59
Speaker 1: Iran and Americans are He's blaming them for funding terrorism
13:02
Speaker 1: around the world. Many Americans don't even mention that. Yeah,
13:09
Speaker 1: he stated directly that you want, support for terrorism extends
13:12
Speaker 1: well beyond Risblan, the Hutis. He noted the senior Al
13:16
Speaker 1: Kaeda leaders al Qaida, remember them residing inside Iran today,
13:21
Speaker 1: including Osama bin laden Son who's been raised in Iran
13:26
Speaker 1: and now is positioning himself to take over the leadership
13:29
Speaker 1: of a Kaidah and you know, he said that there
13:34
Speaker 1: should be no ambiguity about the dangers that Iran poses
13:38
Speaker 1: the Middle East and the rest of the world, and
13:41
Speaker 1: that this is a clear, you know, kind of once
13:45
Speaker 1: in a lifetime opportunity to destroy this regime and to
13:49
Speaker 1: stop it from being a threat to you know, what
13:53
Speaker 1: he considers his Arab world and a threat to the rest.
13:58
Speaker 1: Somebody asked any truth about But yeah, I mean, somebody
14:06
Speaker 1: says assumption Israel that Trump may announce these fire with
14:09
Speaker 1: Iran by coming Saturday. I mean, if you watch Israeli
14:13
Speaker 1: television channel twelve, Channel fourteen, every ten minutes, there's an
14:19
Speaker 1: assessment that contradicts the previous assessment. So they don't know.
14:25
Speaker 1: Israeli television just does not know, and they might be
14:30
Speaker 1: playing the game in coordination with Trump for all we know.
14:34
Speaker 1: You know, they are in you know, the sources that
14:38
Speaker 1: they are getting this stuff from could be in with
14:41
Speaker 1: Trump with with regard to this. Now, the fact that
14:45
Speaker 1: Nataniel supposed to has told this team, you know, go
14:49
Speaker 1: after you run full on everything we have for the
14:51
Speaker 1: next two three days suggest that they fear that. But
14:55
Speaker 1: what I saw in Channel twelve earlier today from for Metzegelu,
15:00
Speaker 1: I think is about as good as they get. Was
15:03
Speaker 1: a clear assessment that the Israelis think that the probability
15:10
Speaker 1: of a deal with Iran is very very low. And
15:13
Speaker 1: I think that's true because I can't imagine where you
15:17
Speaker 1: would get a deal with the Iranians that where they
15:21
Speaker 1: give up the nuclear they give up missiles, they give
15:24
Speaker 1: up the straits of Homos. I just don't see any
15:27
Speaker 1: Iranian right now in a leadership position being willing to
15:31
Speaker 1: take that. That is something that has to be imposed
15:35
Speaker 1: on them. And they're not yet at the level. They're
15:38
Speaker 1: not yet at the point where they fear the US
15:44
Speaker 1: to such a degree that they would allow that to
15:46
Speaker 1: be imposed on them. Not yet, you know, and maybe
15:50
Speaker 1: by the weekend, I don't know, but not certainly, not yet.
15:53
Speaker 1: And you'd have to get rid I think. I mean,
15:57
Speaker 1: I hope that the head of the speak of the
16:01
Speaker 1: Parliament is on Israel's assassination list. I hope they take
16:05
Speaker 1: him out. You have to get rid of him and
16:07
Speaker 1: people like him. You have to get rid of all
16:10
Speaker 1: these older revolutionary god people. You have to get rid
16:15
Speaker 1: of that entire leadership that the people who knew the revolution,
16:19
Speaker 1: the people who knew Humani, not ha Many Humani, who
16:22
Speaker 1: is the original supreme leader. Ever you want, you have
16:24
Speaker 1: to get rid of that generation. That generation has to go.
16:27
Speaker 1: That generation is committed to the Islamist cause of the
16:30
Speaker 1: the the revolution, and I think younger Islamic revolutionary God
16:38
Speaker 1: call you know a senior officers are much more likely
16:44
Speaker 1: to be pragmatists. This they took because it gives them power.
16:49
Speaker 1: Many of them are fairly secular, and you know, it
16:53
Speaker 1: was all about power, and you know, they maybe be
16:57
Speaker 1: willing to cut a deal, whereas the idea your lugs
17:00
Speaker 1: would not. There is something else to consider here, and
17:06
Speaker 1: that is one of the things that really scares them.
17:09
Speaker 1: And generally all the information I'm seeing out of Iran
17:13
Speaker 1: is that the IOGC and the besiege and so on
17:16
Speaker 1: are really running scared. They don't know what to do.
17:20
Speaker 1: If they go, If they go to their bases and
17:22
Speaker 1: command control centers, is really n actually bomb them there.
17:26
Speaker 1: If they go hide out in a tent in the countryside,
17:29
Speaker 1: is all found a guy in a tent in the
17:31
Speaker 1: countryside and kill him. If they go home, Israel has
17:35
Speaker 1: their addresses and they can thread a bomb and kill
17:38
Speaker 1: them and then kill their family as well. And they
17:40
Speaker 1: don't want that. And many of them are sleeping under bridges,
17:44
Speaker 1: they're sleeping in the streets, they're hiding out. They are scared.
17:49
Speaker 1: They are scared, and they might be scared right now
17:54
Speaker 1: a visue, but particularly if you think about the top achelon.
17:59
Speaker 1: The top Achelon is not just scared of Israel, the
18:03
Speaker 1: top echelon in the islomach revolutionary God is scared more
18:07
Speaker 1: than anything else of the Iranian people. They know what
18:11
Speaker 1: will happen if there's regime change. If there's a regime change,
18:16
Speaker 1: they die, they are killed. Nobody's going to tolerate them
18:22
Speaker 1: being around. These are the guys who ordered ordered the
18:29
Speaker 1: murder of Iranian teenagers in the streets. Can you imagine
18:34
Speaker 1: what their families of those teenagers will do to them.
18:38
Speaker 1: They fear being ripped upon. Now, some of them might
18:40
Speaker 1: be able to escape, but most of them cannot. And
18:46
Speaker 1: one of the dangers here is they fight because they
18:50
Speaker 1: are so afraid of what comes after that they fight hard.
18:56
Speaker 1: They fight hard. All right, let's see what else? So yeah,
19:09
Speaker 1: I mean, they're afraid of their own people. I didn't
19:14
Speaker 1: mention this the other day, but I should have you know,
19:17
Speaker 1: Yuon did fire supposedly two missiles towards Diego Garcia, which
19:22
Speaker 1: is of course the British if field that the US
19:25
Speaker 1: uses in the Indian Ocean. It's about three to four
19:31
Speaker 1: thousand kilometers away from you On. Nobody thought they had
19:35
Speaker 1: missiles capable of reaching that fall. The missiles were shout down,
19:40
Speaker 1: but nobody thought they had the reach to go there,
19:42
Speaker 1: because if they have the reach to get to Diego Garcia,
19:45
Speaker 1: then they have the reach to get to Europe. Now
19:49
Speaker 1: there reason to believe they don't have many of these missiles.
19:52
Speaker 1: Maybe they found two in the back and they figured
19:55
Speaker 1: they'd use them. But the fact is that they were
19:58
Speaker 1: developing these missiles, and we also know, and I reported
20:01
Speaker 1: this a few months ago here on the show, that
20:04
Speaker 1: they were developing into continental ballistic missiles. Again pretty dumb missiles,
20:09
Speaker 1: not very effective missiles, but they they were going for
20:13
Speaker 1: distance and in particularly if they could get their hands,
20:17
Speaker 1: if they could develop a nuclear you know, UK capabilities,
20:24
Speaker 1: imagine sitting on missiles that could reach any capital in
20:28
Speaker 1: Europe and maybe even ICBM that could reach the United
20:31
Speaker 1: States with a nuclear missile with a nuclear bomb attached
20:35
Speaker 1: to it. So you know, the fact that they shot
20:42
Speaker 1: at Diego Garcia and they can reach three to four
20:46
Speaker 1: thousand kilometers really scared the Europeans. It might be one
20:49
Speaker 1: of the reasons they've seen to have come around in
20:52
Speaker 1: terms of the Straits of Homos. It's given new energy
20:56
Speaker 1: to the Trump administration, a sense of saying, see, you
21:00
Speaker 1: know they this is not benign, this is a real
21:04
Speaker 1: threat to the West. All right, all right. Uh so
21:25
Speaker 1: that was about the the Diego Guscia missiles. We've talked about,
21:31
Speaker 1: talked about the Straits of Homoes and the difficulties there.
21:38
Speaker 1: Uh let's see, I mean, yeah, again, a lot of pessimism,
21:45
Speaker 1: a lot of people putting down the Americans and the
21:47
Speaker 1: Israelis and the inability to winness and on I you
21:51
Speaker 1: know all that. I mean again, what Israel in the
21:53
Speaker 1: United States have shown is an unbelievable ability to dominate
21:58
Speaker 1: air space and to take out whatever they want in Iran.
22:01
Speaker 1: What the United States is not willing to do is
22:04
Speaker 1: put boots in the ground. And even with this eighty
22:07
Speaker 1: two airborne, there's no shipping of tanks, there's no shipping
22:13
Speaker 1: of you know, armored personnel carriers. So while we're getting
22:19
Speaker 1: the eighty second Airborne maybe and special forces and Marines.
22:24
Speaker 1: We're not getting any heavy equipment. There's no there's not
22:28
Speaker 1: the kind of ramping up that would mean, yeah, we're
22:33
Speaker 1: going for Tehran, We're going to occupy Ian That's just
22:37
Speaker 1: not going to happen. That's a fantasy. They might take
22:39
Speaker 1: a few islands, they might take a portion of the
22:43
Speaker 1: showline close to the States of Homos, but they won't
22:48
Speaker 1: do anything that requires heavy equipment. They don't have it,
22:51
Speaker 1: they haven't brought it over. You know, they're just not
22:55
Speaker 1: ready for any of that. And I don't think they
22:57
Speaker 1: want to engage in a land war in Iran. I
23:01
Speaker 1: think it's much more likely that they think they can
23:04
Speaker 1: take certain positions. They think they can defend those positions,
23:07
Speaker 1: and that's what they'll do if they do anything right.
23:09
Speaker 1: Islands relatively easier to defend than you know, kind of
23:16
Speaker 1: a beachhead along the coast, So likely they take islands. Yeah,
23:22
Speaker 1: they Eightens are flying tanks, but they're not tanks. The
23:27
Speaker 1: Eightens do not occupy land. You know. The Eightens can
23:32
Speaker 1: do a certain amount, but there are only so many
23:35
Speaker 1: of them, and they have to go refuel and then
23:38
Speaker 1: they come back you know, if you're gonna do a
23:41
Speaker 1: land war, if you're gonna occupy territory in a significant way,
23:45
Speaker 1: if you're gonna advance, you need tanks, you need you
23:50
Speaker 1: need more than infantry. Infantry cannot take and occupy bag
23:54
Speaker 1: swast of land without armored vehicles. So helicopters an tens
24:01
Speaker 1: not good enough. And and you know, if if the
24:03
Speaker 1: Iranians get handheld ground to air missiles, I don't know,
24:06
Speaker 1: from the Russians of the Chinese, they could take down
24:09
Speaker 1: in a ten. They could take down a helicop The
24:11
Speaker 1: helicopters and eight tens are very very vulnerable too. Uh,
24:17
Speaker 1: you know, a defense systems. It's a testament to how
24:20
Speaker 1: much these Raelis and the Americans have destroyed day defense systems.
24:24
Speaker 1: But there are a lot of handheld weapons that could
24:26
Speaker 1: take down a helicopter, can take down an A ten.
24:30
Speaker 1: So yep, they're super deadly, but they don't they don't
24:37
Speaker 1: replace having not boots on the ground, tracks on the ground,
24:43
Speaker 1: tires on the ground. That's that's not a tank. Tank
24:45
Speaker 1: doesn't have tires that have tracks, tracks on the ground,
24:49
Speaker 1: you can't replace it. And they kind of fire up
24:51
Speaker 1: out of the tank has uh, one tank, not that many,
24:56
Speaker 1: but you could if you have one hundred tanks. The
24:57
Speaker 1: amount of firepower one hundred tanks have you just can't
25:00
Speaker 1: replace that. Russian t ninety tanks would not help as
25:07
Speaker 1: all of Russia's t tanks they're pathetic and useless and
25:12
Speaker 1: pile of junk that the only place they belong is
25:15
Speaker 1: in a junk pile. But you know, the the American tanks,
25:20
Speaker 1: the the the American tanks that the US uses, you know,
25:28
Speaker 1: some of the best in the world, maybe not the
25:30
Speaker 1: best in the world, is some of the best in
25:31
Speaker 1: the world, certainly better than the ten ninety. You know,
25:37
Speaker 1: there's no Russian weapons system that you actually would seek
25:41
Speaker 1: out the crap. I think that's a technical two right.
25:48
Speaker 1: In the meantime. In the meantime, in the meantime, you've
25:53
Speaker 1: got continued real challenges with oil supply, and you've got
26:00
Speaker 1: a lot of people panicking. And again I have no
26:03
Speaker 1: particularly insight into where oil is and what will happen.
26:07
Speaker 1: I generally have this. I generally have this, you know,
26:13
Speaker 1: respectful markets and markets adapt and adjust. I also look
26:17
Speaker 1: constantly look at the price of oil, and what I
26:20
Speaker 1: see is the traders are not panicking. The price of
26:25
Speaker 1: oil bounces around. It's bouncing around. There's a lot of volatility,
26:28
Speaker 1: which you'd expect, but that volatility is all within a
26:34
Speaker 1: range that does not suggest panic. The price of oil.
26:41
Speaker 1: Let me just see where it is right now. I
26:42
Speaker 1: think it was back up just over ninety the price
26:46
Speaker 1: of oil is now, Yeah, it's ninety point seven too.
26:49
Speaker 1: This is West Texas. But again, it's a global market,
26:52
Speaker 1: so West Texas flunctuates with the rest of the market.
26:55
Speaker 1: So there is oil out there that's selling one hundred
26:57
Speaker 1: and fifty dollars about That was oil out of you know,
27:01
Speaker 1: off of Vermont, but even that is plummeted now to
27:04
Speaker 1: down to one twenty one ten uh at you know,
27:10
Speaker 1: ninety bucks a batrel is a lot, but it's not
27:13
Speaker 1: panic mode. You'd expect West Texas all to be at
27:15
Speaker 1: one and ten, one hundred and twenty if things, if
27:18
Speaker 1: the market builieve things were really, really, really bad. It
27:21
Speaker 1: doesn't look that way to me. Again, I trust market
27:25
Speaker 1: signals more than I do the statements of politicians or
27:28
Speaker 1: even CEOs of oil companies. I think again, it's very volatile,
27:35
Speaker 1: and they're pricing in the possibility that Trump has a deal,
27:38
Speaker 1: but there are some pricing in the possibility he doesn't
27:41
Speaker 1: have a deal. You know, oil peaked around March fifth,
27:46
Speaker 1: sixth that period at about one hundred and fifteen dollars
27:50
Speaker 1: a bottle that if it had continued off of that,
27:53
Speaker 1: that would have been really, really bad. But it's come
27:57
Speaker 1: back down significantly since then, so oh, you know it's
28:03
Speaker 1: and then it's gone down below ninety, and now it's
28:05
Speaker 1: back up above ninety. And I just don't see anybody
28:09
Speaker 1: out there in the oil markets panicking. I mean, you
28:14
Speaker 1: get headlines in the lawsuits, you know, the world's energy
28:16
Speaker 1: safety net is buckling well if that were true, or
28:20
Speaker 1: would be much higher than it is right now. And
28:23
Speaker 1: then they say the Iran war has hit every note
28:26
Speaker 1: of the supply chain for liquified natural gas. That's probably true.
28:29
Speaker 1: But what happens when that is hit. They adjust, they shift,
28:34
Speaker 1: People shift their demand, and people shift their supply. And
28:39
Speaker 1: there's no question right now, as I've told you that
28:41
Speaker 1: the United States is ramping up as fast as they
28:44
Speaker 1: can in terms of liquified natural gas, but other points
28:48
Speaker 1: like Egypt and other places are doing what they can
28:51
Speaker 1: and ramping up as well. And you discover sometimes maybe
28:55
Speaker 1: the supply chain is not quite as fragile as people
28:58
Speaker 1: expect it to be. So, yeah, is going to be challenges. Yes,
29:02
Speaker 1: people will have to cut back on demand. But I
29:09
Speaker 1: think that the markets, at least from what I'm seeing.
29:12
Speaker 1: You know, look at the stock market, how much it's down,
29:15
Speaker 1: and I don't think that we're seeing the kind of
29:19
Speaker 1: catastrophe that you would expect if you read the headlines.
29:26
Speaker 1: Remember when Russia, when the Russian broke out, it was
29:30
Speaker 1: a much bigger shock. Prices went up much higher than
29:33
Speaker 1: they are now, and everybody survived. Now they're problems. There's
29:37
Speaker 1: problems with helium. We talked about that, and it might
29:41
Speaker 1: be that we'll have a slowdown in ship manufacturing, micro
29:45
Speaker 1: process of make manufacturing. Helium is a bright product of
29:48
Speaker 1: liquifightinatural gas. It is used in things like MRIs and chips.
29:52
Speaker 1: You might see MR prices going up. It might be
29:56
Speaker 1: a little bit more difficult to get an MRI in
29:59
Speaker 1: the next few weeks. Uh, chips, micro processes, you might
30:04
Speaker 1: see the decline. Apple might have to delay the next iPhone.
30:08
Speaker 1: I'm just making stuff up, right, but they might have
30:10
Speaker 1: to delay it from October to February or something. I
30:13
Speaker 1: don't know, so, yeah, there'll be consequences, but none of
30:17
Speaker 1: that is earth shattering, the end of the world kind
30:21
Speaker 1: of stuff. The only one that is troubling and and
30:26
Speaker 1: might have a real impact on some parts of the
30:28
Speaker 1: world and in certain industries in the United States is
30:31
Speaker 1: fertilizer natural gas again and and and you know, is
30:40
Speaker 1: the by products from it and from oil refining and
30:43
Speaker 1: all of that is necessary for the production of fertilizer,
30:47
Speaker 1: feedstock and things like that. And you know, farmers, farmers
30:53
Speaker 1: need uh, the fertilizer and fertilizer prices are going way up,
30:58
Speaker 1: and some farmers will probably go bankrupt. And already farmers
31:02
Speaker 1: in the United States are struggling. Small farmers are struggling,
31:05
Speaker 1: so this might accelerate their struggles and might see more
31:08
Speaker 1: bankruptcy among farms. But you know, the reality is that
31:20
Speaker 1: you know, the lerg and all these by products. Yes,
31:24
Speaker 1: there'll be adjustments, Yes, supply chains will get rerouted. Yes,
31:30
Speaker 1: prices will go up. Demand in some areas will go down.
31:33
Speaker 1: People will have to shift production schedules and stuff like that.
31:37
Speaker 1: None of that is world ending. And if you read
31:41
Speaker 1: the stuff, you would think that it was world ending, right,
31:47
Speaker 1: you know. Just before the war, the expectation was a
31:51
Speaker 1: glut of energy, too much energy. Now there's a shortage
31:54
Speaker 1: of energy again. We'll find ways, they'll find ways to restructure.
31:59
Speaker 1: And one of the things that this will motivate I
32:01
Speaker 1: think the Arab countries to do is to build in constingencies,
32:05
Speaker 1: more pipelines going away from the Persian Gulf, more pipelines
32:09
Speaker 1: to Oman, to the Gulf of Oman, more pipelines to
32:12
Speaker 1: the Arabian Sea, and maybe even to the Mediterranean. Maybe
32:16
Speaker 1: if there's a deal, if there's a deal between Saudi
32:20
Speaker 1: Arabia and Israel, ultimately you could see a major pipeline,
32:25
Speaker 1: oil pipeline going from the Offards in Saudi Arabia to
32:29
Speaker 1: Haifa in Israel where or to i still the wherever
32:35
Speaker 1: it is whi it's loaded up into ships in the Mediterranean.
32:38
Speaker 1: That actually might be cheaper for the Saudis than to
32:43
Speaker 1: have to load them up in the Persian Gulf and
32:46
Speaker 1: for the ships to go all around and actually pay
32:48
Speaker 1: the fee to go through the Zeus Canal and the
32:50
Speaker 1: whole deal you could you could create basically gas and
32:56
Speaker 1: oil pipelines to Israel that would feed Europe and then
33:00
Speaker 1: they'd find other ways, uh you know, to feed Asia.
33:05
Speaker 1: But you know they're going to be they're going to
33:08
Speaker 1: be restructurings. Uh now, some of that will take years
33:11
Speaker 1: and months, months and years, but some of this is
33:15
Speaker 1: going to happen pretty quickly. And you know, price the
33:19
Speaker 1: beauty of prices. The beauty of prices is that when
33:24
Speaker 1: prices go up, it sends a signal to the entire
33:27
Speaker 1: market and and forces people to realign and readjust I
33:34
Speaker 1: give you an example, eleven allergy tankers that were originally
33:37
Speaker 1: bound for Europe are going to Asia because the Asians
33:40
Speaker 1: are willing to pay more for it. They need, they
33:43
Speaker 1: need the national guests more than the Europeans do. They're
33:46
Speaker 1: willing to pay more for it. And this is coming
33:47
Speaker 1: out of the United States. So again you see restructuring.
33:52
Speaker 1: Everything flows in different directors. All right, let's see, as
34:03
Speaker 1: I said, you know, food, fertilizer is a big deal,
34:08
Speaker 1: and that I don't know. I don't know enough about
34:11
Speaker 1: the fertilizer market to know what who's going to compensate,
34:15
Speaker 1: how it's going to compensate it for how it's going
34:16
Speaker 1: to worked out. But fertilizer prices have gone up a
34:19
Speaker 1: lot again, which means the people who need it, the
34:23
Speaker 1: people who valuate the most, will get it. The people
34:27
Speaker 1: who value it the least will get it will not
34:29
Speaker 1: get it. And we've seen, for example, you know, fertilizer
34:36
Speaker 1: go for five hundred and sixteen a ton to eight
34:38
Speaker 1: six hundred and eighty a ton, and there's some focast
34:41
Speaker 1: of it going up to eight hundred a ton, but
34:45
Speaker 1: it's you know, and that means that the mode, you know,
34:47
Speaker 1: somebody who can't afford to pay sixt' eighty won't buy,
34:51
Speaker 1: and we'll have to find alternatives or not skip a year,
34:56
Speaker 1: or go or go bankrupt, go out of business. So yeah,
35:03
Speaker 1: they're going to be consequences. They're going to be consequences.
35:06
Speaker 1: Even if this almost straits opened up tomorrow, it'll take
35:09
Speaker 1: weeks and months to get everything flowing back and to
35:12
Speaker 1: get the supply chains all back. So this is gonna
35:15
Speaker 1: have consequences long term. Not sure now, if they can
35:18
Speaker 1: get rid of this regime in Iran, if they can
35:22
Speaker 1: completely weaken Iran and take it out as a major player,
35:27
Speaker 1: then you know it's all worth it. But and so
35:34
Speaker 1: I guess we will see if if that is if
35:38
Speaker 1: that is the case. If they don't, then people will
35:44
Speaker 1: doubt whether this was worth it.
35:50
Speaker 2: All. Right, let's see.
36:00
Speaker 1: Yep, that's that just one most story, and that is
36:07
Speaker 1: Israel's Iendome. So it turns out that the Irondome is
36:11
Speaker 1: actually the Nindome, which is a missile defense system designed
36:15
Speaker 1: to deal with short range, low flying missiles like they
36:20
Speaker 1: were flown out of Gaza towards Israel the LA flies
36:23
Speaker 1: towards Israel. It turns out that some of these interceptors
36:27
Speaker 1: can actually shoot down ballistic missiles, and that some of
36:31
Speaker 1: these some of these missiles can also take down these
36:38
Speaker 1: cluster munitions that you Wan is shooting. What is he?
36:40
Speaker 1: What i Wan is doing and why it's having some
36:42
Speaker 1: success is a suit of bilistic missile. But once the
36:46
Speaker 1: ballistic missile enters the atmosphere, it breaks apart into many
36:51
Speaker 1: small missiles, and like Patriot missile is not designed to
36:58
Speaker 1: hit these small missiles. It's to take the one big one. Right,
37:03
Speaker 1: These are the cluster of munitions. You might have seen
37:05
Speaker 1: some photographs or video of them breaking apart in the
37:08
Speaker 1: Israeli sky. They also do a lot less damage because
37:11
Speaker 1: they're small, but they go over a wide area and
37:14
Speaker 1: it's very difficult to shoot them down. Well, it turns
37:16
Speaker 1: out that the interceptors of the Iron Dome, the Israeli
37:21
Speaker 1: Iroandome that they used in Gaza and they used you know,
37:24
Speaker 1: in the North Visa Chrismola, can actually be used to
37:29
Speaker 1: shoot them down. And they're fairly cheap. And Israel now
37:36
Speaker 1: has many, many, many countries asking to buy the Iron
37:41
Speaker 1: Dome system and for it to sell it, so it
37:44
Speaker 1: has billions of dollars of sales expected. So in spite
37:50
Speaker 1: of the fact that this was you know, these interceptors
37:52
Speaker 1: and the systems cost Israel a lot to produce for
37:55
Speaker 1: its own defense, if it can export them, then it
38:00
Speaker 1: can pay, it can pay for everything that they use it.
38:03
Speaker 1: It's also not true that the Israelis are running out
38:07
Speaker 1: of interceptors. You know, they have plenty of interceptors. They
38:12
Speaker 1: also have the laser system. They just have a wide
38:16
Speaker 1: variety of methods to intercept the various projectiles, bombs, drones, artillery,
38:28
Speaker 1: rockets that are being fired at them. They have shot
38:32
Speaker 1: down six hundred of the ballistic missiles fired at them,
38:37
Speaker 1: six hundred and a few of those five hundred ton
38:41
Speaker 1: high explosives actually hit, which is horrible, and civilians have died.
38:47
Speaker 1: But you know you're not going to get one hundred percent.
38:51
Speaker 1: This is why you don't want to run ever to
38:53
Speaker 1: have nukes, because even if you have the best defense
38:56
Speaker 1: system in the world, some of them might get through
38:59
Speaker 1: and all you need is one in Israel's gone if
39:01
Speaker 1: it has a nuclear ward. Yep, all right, anyway, that
39:09
Speaker 1: is that is Israel and the I end on. All right,
39:13
Speaker 1: what else do we have on deal war oil? We
39:17
Speaker 1: covered all that. Let's talk about ice. So we talked
39:19
Speaker 1: about ice. The fact that ICE was being sent to
39:22
Speaker 1: the airports, still long lines. We're not seeing any real
39:27
Speaker 1: relief at the airports, and by video accounts, ICE is
39:31
Speaker 1: also are who are asking some of the people there uh,
39:33
Speaker 1: and it's not encouraging TSA people to come back. What
39:38
Speaker 1: I did find interesting is that in going to the airports,
39:43
Speaker 1: ICE is being asked now not to wear masks. I
39:48
Speaker 1: thought they needed the masks because otherwise they would be
39:52
Speaker 1: dosed and their life would be at stake. Well, why
39:56
Speaker 1: does that go away at the airports? Right? People still
39:59
Speaker 1: get a film the airports and they're gonna post their
40:02
Speaker 1: pictures and they're going to identify who they are, and
40:06
Speaker 1: suddenly the docing doesn't matter. Suddenly their life is not
40:09
Speaker 1: a problem. Because Trump wants to alleviate the problems that
40:12
Speaker 1: the airport because he doesn't want to lose more votes.
40:16
Speaker 1: So Trump literally came on social media and said, I
40:19
Speaker 1: would greatly appreciate no masks at the airports. Why now,
40:30
Speaker 1: why is ICE at the airport. We've talked about this.
40:32
Speaker 1: They have no training as TSA agents, And if you know, yeah,
40:41
Speaker 1: I mean, I'm all for no masks. But you know,
40:42
Speaker 1: if Trump was willing to no mask at the airports,
40:45
Speaker 1: if he's willing to go no masks at all, then
40:48
Speaker 1: they could probably get funding and a deal. So you
40:52
Speaker 1: remember I talked about the deal being negotiated by Democrats
40:55
Speaker 1: and Republicans and Trump and everybody, and it seems like
40:57
Speaker 1: there was going to be a deal they would actually
40:59
Speaker 1: stop paying TSA salaries. Well, now it seems like the
41:03
Speaker 1: deal has fallen apart. There's no consensus, there's no agreement.
41:07
Speaker 1: Republicans don't want to agree to what Democrats are demanding.
41:10
Speaker 1: Democrats are demanding very very very reasonable things. Requiring ICE
41:17
Speaker 1: agents to show their faces is one of them. And Republicans.
41:23
Speaker 1: That's the one that they're insisting against. Except at airports.
41:26
Speaker 1: There it's okay, makes no sense, makes no sense. Yeah,
41:39
Speaker 1: I expect mayhem at the airports to continue and for
41:46
Speaker 1: quite a while. Somebody says TSA should be abolished. Yeah, absolutely,
41:51
Speaker 1: so should ICE. I'd abolish ICE first, TSA second. But yeah,
41:55
Speaker 1: both of them should be abolished. Don't need either one
41:57
Speaker 1: of them, you know, both the massive infringements and the
42:03
Speaker 1: rights of Americans. Airport security should be handed over to
42:06
Speaker 1: the airport, to the airlines. The airlines should be responsible
42:10
Speaker 1: for airport security. The airport itself should be responsible for
42:14
Speaker 1: security of the airport. They should devise best practices. It
42:19
Speaker 1: shouldn't be a government function. It doesn't need to be
42:21
Speaker 1: a government function. This is private property on private property. Airport,
42:28
Speaker 1: the airport is responsible for safety and if something happens,
42:31
Speaker 1: you see the airports and therefore the airport has an
42:34
Speaker 1: interest in implementing best practices. And of course the airport
42:38
Speaker 1: can pass on some of those costs of the airlines,
42:41
Speaker 1: which will pass on costs to us in terms of
42:43
Speaker 1: higher fares, there's no question about that. But another hand,
42:47
Speaker 1: the government will stop having to pay you know, for
42:50
Speaker 1: and I'm sure it will be more efficient because airports
42:54
Speaker 1: have to compete, they would come up with ways that
42:57
Speaker 1: are less intrusive. So TSA. Functions should be done by
43:05
Speaker 1: airports and airlines, not by not by not by the government,
43:15
Speaker 1: not by the government. Most airports, I think are owned
43:17
Speaker 1: by private companies. Some of them are owned by states
43:24
Speaker 1: or cities, but I think they they contract out the
43:29
Speaker 1: management of the airport to private companies. In any case,
43:32
Speaker 1: federal government doesn't belong there. It doesn't need to do this.
43:35
Speaker 1: It shouldn't do it. Again, it's airport, it planes, sorry,
43:39
Speaker 1: airlines and airports, and you can figure out and they
43:46
Speaker 1: can compete and figure out what the best way to run.
43:49
Speaker 1: It is a zero reason for the government to I mean,
43:53
Speaker 1: it's a huge violation. The government has no business frisking me,
43:57
Speaker 1: x raying me, looking inside my bags. A government, a
44:01
Speaker 1: private entity can do that. And they say the conditional
44:05
Speaker 1: on you coming to the airport is that you go
44:08
Speaker 1: through this. But that's not the government, that's a private entity.
44:12
Speaker 1: You know. Uh should have the ability to do that anyway. Uh, yeah,
44:21
Speaker 1: we will see what happens. Uh. Trump still is asking
44:26
Speaker 1: ICE agents to eliminate their masks. I'm not sure they're
44:29
Speaker 1: listening to him. Uh. And in the meantime, he's refusing
44:34
Speaker 1: Democrats demand in exchange for releasing the funds too, to
44:43
Speaker 1: mandate that ICE cannot wear masks, which is what should
44:48
Speaker 1: be meant. No federal agents inside the United States should
44:54
Speaker 1: wear masks. They are our servants, our servants. We should
45:00
Speaker 1: be able to see exactly who is doing our work.
45:03
Speaker 1: That my agents. The government is not my enemy, it's
45:07
Speaker 1: not my oppressor, it's not my it's not there to
45:11
Speaker 1: keep me in check and keep me in line. The
45:13
Speaker 1: government is there to serve me and you. That's its job.
45:19
Speaker 1: And as my servants, they should never hide for me,
45:24
Speaker 1: never hide for me. So they get doxed. Every cop
45:28
Speaker 1: out there probably gets docked. Every FBI agent risks getting doxed,
45:34
Speaker 1: every you know, what do you call it, Every every
45:38
Speaker 1: one of the low enforcement agencies out there has a
45:41
Speaker 1: risk of getting docs. They, oh, don't they don't wear masks.
45:50
Speaker 1: All right? So I told you about this lawsuit that
45:55
Speaker 1: was going on that individuals. A twenty year old woman
46:00
Speaker 1: had had sued Meta and a suit Basically I think
46:06
Speaker 1: it's Instagram, which is owned by Meta and YouTube accused
46:11
Speaker 1: them of designing their apps to be addictive and harmful
46:16
Speaker 1: to her and to adolescence, you know, and and argued
46:23
Speaker 1: that these products were designed in a negligent way that
46:28
Speaker 1: horm kids and teens and failed to warn people about
46:31
Speaker 1: these dangers. Well, as ridiculous as it might sound, the
46:43
Speaker 1: a jury has just found I think that the jury
46:46
Speaker 1: Los Angeles has just found a Meta and YouTube negligent
46:50
Speaker 1: for operating a product that hobb kids and teens, and
46:55
Speaker 1: they ordered the companies to pay three million dollars to
46:57
Speaker 1: the plaintiff named Kaylee g.
47:01
Speaker 3: And.
47:02
Speaker 1: According to her testimony, the social media use started before
47:07
Speaker 1: she was a teenager, dominated her life for years, contribute
47:11
Speaker 1: to mental health issues including anxiety, depression, and body dysphoria,
47:16
Speaker 1: and therefore she should be given three million dollars from
47:18
Speaker 1: these companies because they were at fault. Meta was ordered
47:23
Speaker 1: to pay seventy percent of the damages. You to pay
47:25
Speaker 1: thirty percent of damages. Supposely, the jury was almost unanimous,
47:31
Speaker 1: nearly unanimous in the decision. There were eighteen questions before them,
47:35
Speaker 1: and they voted against Meta and YouTube based on this
47:41
Speaker 1: now you know. The jury also determined that additional punitive damages,
47:47
Speaker 1: which are meant to punish the companies, were warranted, Separate
47:51
Speaker 1: proceedings will take place on that award. That could be
47:53
Speaker 1: tens of millions of dollars, which could significantly increase the
47:56
Speaker 1: amount the companies have to pay. Is the issue. The
48:01
Speaker 1: issue is not this three million dollars and even the
48:04
Speaker 1: punitive damages that might come down. The issue is that
48:08
Speaker 1: there are thousands of lawsuits claiming the same thing in
48:11
Speaker 1: the courts, thousands of them, and if they all win,
48:18
Speaker 1: it's billions and billions of dollars. Then if Matter and
48:21
Speaker 1: YouTube and Instagram all these companies have to defend against them,
48:24
Speaker 1: it's billions of dollars just to pay defense lawyers. Uh
48:31
Speaker 1: and uh, I mean this is huge and yet no
48:37
Speaker 1: fraud was committed here, no force. What exactly is the problem?
48:47
Speaker 1: And can I sue the school system? Can I sue
48:51
Speaker 1: the school system for creating anxiety and and and for
48:57
Speaker 1: ruining my brain? There are responsible than Mata and YouTube.
49:04
Speaker 1: There more than three thousand similar lawsuits against Mata, YouTube, Snapchat,
49:09
Speaker 1: and TikTok just in California. Quotes. I think that's where
49:13
Speaker 1: everybody's suing now. Jewy in New Mexico has found Mata
49:21
Speaker 1: liable for failing to protect young people from online dangers,
49:25
Speaker 1: including sexually explicit content, solicitation, and human trafficking. It's their
49:31
Speaker 1: responsibility to protect the kids. Wow, that also happened this week.
49:38
Speaker 1: And the company who's ordered to pay three hundred and
49:40
Speaker 1: seventy five million dollar penalty. I mean, this is stunning, right, parents,
49:47
Speaker 1: Why aren't the kids suing the parents? Well, they don't
49:50
Speaker 1: have any money, that's why. I mean, aren't the parents responsible?
49:57
Speaker 1: Isn't it their job to monitor what the kids are watching,
50:01
Speaker 1: what the kids are doing, how much time they spend
50:03
Speaker 1: on social media? I mean, social media now has to
50:06
Speaker 1: be the nanny, the parents, the safe god, the guardian.
50:13
Speaker 1: I mean, it's it's absurd. Anyway, that's a three hundred
50:18
Speaker 1: and seventy five million Now that one Meta has already
50:21
Speaker 1: said that they would appeal, I assume the Meta and
50:26
Speaker 1: and Google Alphabet, the parent company of Google, will appeal
50:30
Speaker 1: their Vodict as well. Shares of these companies have not
50:35
Speaker 1: suffered because of this. I think there's some in the
50:38
Speaker 1: markets either hoping that this all that will win on appeal,
50:45
Speaker 1: or they are assuming that they'll come to some deal
50:51
Speaker 1: with all the different plaintiffs, and it won't cost that
50:53
Speaker 1: much money. But if it's sixty five million on every
50:57
Speaker 1: ten seventy five million penalty, and every time somebody is
51:01
Speaker 1: going to be accused of accessing pornography through these websites,
51:08
Speaker 1: that will bankrupt these companies. Now the market is obviously
51:12
Speaker 1: assuming that will not happen. You know, Zuckerberg when he testified,
51:22
Speaker 1: claimed that the app wasn't clinically addictive, which is true,
51:28
Speaker 1: and yes, there's lots of psychological addictions. People get addicted
51:32
Speaker 1: to all kinds of things they allow themselves. That is,
51:36
Speaker 1: it's hard to stop doing certain things. But it's it's
51:41
Speaker 1: ridiculous to blame the companies for the psychological addictions of
51:46
Speaker 1: individuals whose parents cannot control them. I mean, this is
51:50
Speaker 1: a failure from beginning to end up parenting. Failure of parenting.
51:59
Speaker 1: All right, Remember the Entropic case that you know and topic.
52:08
Speaker 1: Not only did the Defense Department basically stop working with
52:14
Speaker 1: Entropic because Anthropic wanted to dictate how the AI would
52:18
Speaker 1: be used under a couple of circumstances, but then the
52:23
Speaker 1: Pentagon designated them a supply chain risk, which is a
52:31
Speaker 1: very very punitive designation, which you only do to kind
52:35
Speaker 1: of Chinese companies, and so you don't anybody in the
52:39
Speaker 1: United States to deal with them. And Topic sued claiming
52:45
Speaker 1: that this was a you know, this was vindictive and
52:50
Speaker 1: they were being punished and this was outside of the law.
52:57
Speaker 1: He you know, the judge, so this is an the
53:00
Speaker 1: in the in the lawsuit right now, District judge District
53:03
Speaker 1: judge right now said that she was concerned then Anthropical
53:08
Speaker 1: was being punished. She was really questioning the Department of Justice,
53:14
Speaker 1: Department of Defense regarding whether they had violated the law,
53:19
Speaker 1: whether they were following the law, and whether this was
53:22
Speaker 1: just being vindictive. And you know, a Topic is trying
53:29
Speaker 1: to get an injunction that would prevent the Justice Department
53:33
Speaker 1: from giving them this designation. If they get the designation,
53:37
Speaker 1: Anthropic says, they would lose billions of dollars of business.
53:42
Speaker 1: So we'll see the judges quote, everyone including Anthropic agrees
53:48
Speaker 1: the Department of War is free to stop using Claude
53:51
Speaker 1: and look for other permissive AI vendors. They found one
53:55
Speaker 1: ch at GPT. I don't see that as being what
53:59
Speaker 1: this case is about. I see the question in this
54:02
Speaker 1: case as being a very different one, which is whether
54:04
Speaker 1: the government is violating the law in you know, violating
54:09
Speaker 1: the law in the sense of not not again not
54:14
Speaker 1: allowing with a designation. Uh you know. She she kept
54:29
Speaker 1: asking the Defense Apartment stuff and the transport lawyers, and
54:33
Speaker 1: she says, what I'm hearing from you, though, is that
54:37
Speaker 1: if an IT vendor is stubborn in assistance certain terms
54:41
Speaker 1: and it asks annoying questions, then it can be designated
54:45
Speaker 1: as a supply chain risk because they might not be trustworthy.
54:49
Speaker 1: She says that that seems like a pretty low ball, right,
54:56
Speaker 1: So it's going to be interesting. This is I think
54:58
Speaker 1: an important case. I think reining in the Trump administration
55:05
Speaker 1: in terms of its vindictiveness and its authoritarianism and its
55:10
Speaker 1: abandonment of the rule of law is important in cases
55:13
Speaker 1: like this can help do that. This is what this
55:19
Speaker 1: is what Trump said. If you remember about anthropic, we
55:23
Speaker 1: will decide the fate of our country, not some out
55:25
Speaker 1: of control, radical left AI company run by people who
55:28
Speaker 1: have no idea what the real world is all about.
55:31
Speaker 1: That's Trump. I don't know what the real world is
55:35
Speaker 1: all about. And yet they are producing the best tech
55:38
Speaker 1: out there. Pretty amazing, all right, guys, I need to
55:42
Speaker 1: remind you because we're hitting the first hour, there was
55:45
Speaker 1: still like fifty eight dollars short. Well maybe not maybe
55:48
Speaker 1: maybe only forty eight dollars short of our goal. So
55:51
Speaker 1: please consider making a supporting the show. The show is
55:57
Speaker 1: made possible by you. Whether you are here live, you
56:01
Speaker 1: have an opportunity to contribute through the super chat or
56:04
Speaker 1: through the sticker feature in YouTube. So if you're watching
56:07
Speaker 1: live on YouTube, please support the show. And if you're
56:10
Speaker 1: watching and listening afterwards, please go to Patreon dot com
56:13
Speaker 1: and become a monthly supporter of the show. But one
56:15
Speaker 1: way or the other, you should be engaged in trade
56:17
Speaker 1: with me. You're getting a value, I should get a
56:21
Speaker 1: value in return. That's how it works. That's how trade works. Yeah,
56:24
Speaker 1: all right, so do it. And we're now what.
56:27
Speaker 3: Do we We're.
56:30
Speaker 1: Yeah, well, forty five bucks short of the first hour goal.
56:34
Speaker 1: So in the next few minutes we should try to
56:38
Speaker 1: get a forty five two twenty dollars questions would be amazing.
56:41
Speaker 1: That would as a beef up the number of questions
56:43
Speaker 1: and that where you can ask me anything and I
56:45
Speaker 1: get to answer it and you get to shape what
56:48
Speaker 1: is discussed on the show this is great. You can
56:52
Speaker 1: also do a sticker that'll that'll serve just the same
56:54
Speaker 1: purpose in terms of support. All Right, these are I'm
56:59
Speaker 1: just waving some red flags here and I've been doing
57:03
Speaker 1: it for a few weeks now and I'm going to
57:05
Speaker 1: continue to do so. And that is I'm worried about
57:09
Speaker 1: what's going on with private credit now. Personally and as
57:13
Speaker 1: a finance guy, I've been worried about private credit credit
57:16
Speaker 1: for the last I mean really since since COVID, because
57:20
Speaker 1: I've seen private credit grow so fast, so quickly and
57:27
Speaker 1: be willing to give our loans to so many people.
57:29
Speaker 1: It's such low interest rates relatively speaking, that it's worrisome.
57:35
Speaker 1: They were placing banks, but it's not clear that they
57:37
Speaker 1: have the right incentives, and they don't not clear they
57:40
Speaker 1: have the right knowledge about how to do it. And
57:42
Speaker 1: what is going on right now is a lot of
57:45
Speaker 1: investors are coming to that same conclusion that I came
57:48
Speaker 1: to a while back, and they want to pull their
57:51
Speaker 1: money out of private equity funds. These are funds that
57:56
Speaker 1: raise money and then these funds may then loans the
58:01
Speaker 1: different companies. And what's happening is just like an a
58:05
Speaker 1: mutual fund or people want to withdraw the money from
58:08
Speaker 1: their fund. And what is happening is many of these
58:11
Speaker 1: funds are saying you can't take the money out, just
58:14
Speaker 1: like when there's a bank run. The bank says, no,
58:17
Speaker 1: you can't have the money right now. We'll give it
58:20
Speaker 1: to you over time, but not right now. Right I mean, basically,
58:23
Speaker 1: these private equity funds have become like banks and they
58:27
Speaker 1: are gatekeeping. They are stopping. They're putting up gates, stopping
58:31
Speaker 1: investors and pulling out their funds. And now none of
58:38
Speaker 1: this is not kosher. They're completely within their rights to
58:42
Speaker 1: stop investors from taking their money out. It's in the
58:44
Speaker 1: docks they signed, it's in the agreements, and are violating
58:47
Speaker 1: any agreements. Everything's buy the book. But blackcrowk is doing it,
58:53
Speaker 1: and a Rus is doing it, and Apollo is doing it,
58:57
Speaker 1: and it's just it's a pattern. Now. It suggests to
59:02
Speaker 1: me not that investors are wary of what's going on
59:09
Speaker 1: inside the funds in terms of their ability in the
59:12
Speaker 1: future to pay back their money. They want to get
59:14
Speaker 1: it out now, or maybe they're worried about the kind
59:16
Speaker 1: of returns they're going to get versus the kind of
59:18
Speaker 1: returns they were promised, and it's just it suggests that
59:23
Speaker 1: they might be real problems in the private debt market. Indeed, Moody's,
59:28
Speaker 1: one of the rating agencies, has cut the rating on
59:31
Speaker 1: private credit fund by KKR and another fund by called
59:35
Speaker 1: Future Standard. They've cut it to junk, which means that
59:43
Speaker 1: they don't they expect a significant number of these loans
59:47
Speaker 1: to go bad or maybe I've already gone bad. So
59:54
Speaker 1: you've got a situation here where you know, rating agencies
1:00:00
Speaker 1: seeing a problem, investors are seeing a problem, and you
1:00:06
Speaker 1: know this will have If this continues, this will definitely
1:00:09
Speaker 1: have consequences. It'll have consequences on the ability of investors
1:00:14
Speaker 1: to get their money. Ultimately, it'll have consequences as it
1:00:20
Speaker 1: might suggest that companies having problems repaying their loans. So
1:00:24
Speaker 1: we might be on the verge of a significant increase
1:00:27
Speaker 1: in bankruptcies out there, and that might suggest economic problems
1:00:31
Speaker 1: down the road. So not a good sign for the economy,
1:00:39
Speaker 1: not a good sign for finance. I mean a lot
1:00:41
Speaker 1: of banks have lent money to these funds. So some
1:00:46
Speaker 1: of these funds they have investors giving them money. Let's
1:00:49
Speaker 1: say they take a billion dollars of investor money to
1:00:51
Speaker 1: make loans, and then they borrow another billion from the
1:00:54
Speaker 1: banks to make loans. Well, if they're having problems paying
1:00:58
Speaker 1: back the investors, will they have problems paying back the banks? Well,
1:01:03
Speaker 1: the banks be taking a hit. If the banks take
1:01:05
Speaker 1: a hit, that could have systemic risk in the economy. Anyway,
1:01:08
Speaker 1: red flags, there might be issues out there, finance issues.
1:01:14
Speaker 1: Not enough yet to warrant PANCO warrant a commitment to
1:01:19
Speaker 1: there's going to be a recession, or a commitment to
1:01:20
Speaker 1: there's a financial crisis coming. But these are the kind
1:01:24
Speaker 1: of early warning signs to financial or economic distress that
1:01:30
Speaker 1: frequently happened. So watch out, watch out. This is on
1:01:38
Speaker 1: bloombook story. Two of the biggest games in private equity,
1:01:42
Speaker 1: Arius and Apollo blocked investors from getting even half of
1:01:45
Speaker 1: the money they wanted out of their funds, a sign
1:01:49
Speaker 1: of mounting strain in the one point eight trillion dollar market.
1:01:54
Speaker 1: The ten point seven billion Aris Strategic Income Fund Limited
1:01:58
Speaker 1: withdrawals to five percent of share after clients sow to
1:02:01
Speaker 1: redeem eleven point six percent. That followed the fifteen point
1:02:07
Speaker 1: one billion dollar business development company Apollo Debt Solutions, which
1:02:11
Speaker 1: said Monday it was imposing the same cap after requests
1:02:16
Speaker 1: to pull eleven point two percent combined the two firms
1:02:21
Speaker 1: cap means that about the one point five billion dollars
1:02:24
Speaker 1: worth of redemptions will be blocked and remain invested in
1:02:28
Speaker 1: the funds. Now, I get it, the funds have to
1:02:32
Speaker 1: do that. I'm not blaming the funds. I'm just saying,
1:02:35
Speaker 1: is this a warning sign given that it's happening to
1:02:38
Speaker 1: so many funds, not one, not two, not three, but
1:02:41
Speaker 1: multiple funds doing this? Is this a sign of distress
1:02:45
Speaker 1: in the US economy? All right? Finally, there was a
1:02:52
Speaker 1: Supreme Court ruling yesterday that had implications with regard to
1:02:58
Speaker 1: illegal downloads of music, and I thought this was interesting
1:03:03
Speaker 1: and and important. I think the rulings are right. Is
1:03:08
Speaker 1: the justices ruled right, They got this issue right, but
1:03:13
Speaker 1: it is an interesting one. So the lawsuit was by Sony.
1:03:18
Speaker 1: Sony was suing Cox. Cox is a cable provider, and
1:03:24
Speaker 1: they were suing Cox saying that coxs should be liable
1:03:29
Speaker 1: for the fact that customers used the Cox service, the
1:03:34
Speaker 1: Internet service, to download illegal music, and that Cox did
1:03:39
Speaker 1: not penalize those customers by basically disconnecting them from the network.
1:03:45
Speaker 1: So Sony's argument was Cox is responsible for monitoring how
1:03:52
Speaker 1: they users use the Internet, how they uses use the
1:03:56
Speaker 1: servers to prevent those users for doing illegal stuff. Cox
1:04:03
Speaker 1: just provides platform, It provides the connection, and Sony says no,
1:04:09
Speaker 1: they should have been disconnected. The Spreame Court, in a
1:04:14
Speaker 1: unanimous ruling on Wednesday said upheld that Sony cannot hold
1:04:20
Speaker 1: Cox liable. That is, it's not Cox's responsibility to monitor
1:04:25
Speaker 1: what users do. And even if notified by Sony, these
1:04:31
Speaker 1: are the users that are violating, that are using your service,
1:04:36
Speaker 1: it's not Cox's responsibility. Cox is not a policeman. Cox
1:04:40
Speaker 1: is not a policeman. Again, this is unanimous. The opinion
1:04:49
Speaker 1: was written by Claras Thomas. You know uh. Thomas wrote,
1:04:58
Speaker 1: under our precedents, a company is not liable as a
1:05:01
Speaker 1: copyright infringer for merely providing a service to the general
1:05:07
Speaker 1: public with knowledge that it will be used by some
1:05:10
Speaker 1: to infringe copyrights. H Thomas said that the music labels
1:05:16
Speaker 1: need to be clear to clear a higher bar to
1:05:19
Speaker 1: be sued an into those service provider must actually intend
1:05:23
Speaker 1: for its service to be used for infringement or tailor
1:05:27
Speaker 1: it for illegal activity. You remember what was that Napstar
1:05:31
Speaker 1: where you could where they were exchanging files illegally of music,
1:05:34
Speaker 1: violining copyright. That Napstar would be shut down, but just
1:05:40
Speaker 1: an internet provider cannot be shut down. I mean basically,
1:05:46
Speaker 1: spacing quote is saying go after go after them, go
1:05:50
Speaker 1: after the people who actually did it. This is also
1:05:56
Speaker 1: an issue people worried about. You know, a lot of
1:05:59
Speaker 1: peop were following this. It has implications for a lot
1:06:02
Speaker 1: of different things. So it is it is going to be.
1:06:09
Speaker 1: It is interesting. Uh. The a lower court found for
1:06:13
Speaker 1: Sony and gave a ten figure award to them. A
1:06:20
Speaker 1: US Court of Appeals rejected that and ruled four Cox.
1:06:27
Speaker 1: The suping Court has just reaffirmed the ruling by the
1:06:31
Speaker 1: Fourth Circuit, which is good. All right. I think that's
1:06:37
Speaker 1: a correct ruling and always good. The two liberal judges,
1:06:42
Speaker 1: Mayo and Brown Jackson agreed with the with the vote,
1:06:48
Speaker 1: but had different arguments to make about it, and uh,
1:06:53
Speaker 1: you know, so they would they would weaken this issue,
1:06:56
Speaker 1: but they were out voted eight to two base and
1:07:00
Speaker 1: eight people signed on to Thomas's opinion. All right, that
1:07:06
Speaker 1: is the news for this Wednesday, March twenty fifth. Thanks
1:07:12
Speaker 1: for joining me, Thanks for being here and following following
1:07:17
Speaker 1: the news thanks to all the super chatters, we're still short,
1:07:21
Speaker 1: so don't stop with the super chats. But anyway, we
1:07:28
Speaker 1: will see.
1:07:30
Speaker 3: All right, all right, let me remind you again, superchat stickers,
1:07:49
Speaker 3: let's support the Roon Brooks Show.
1:07:51
Speaker 1: If you value this, if you want to see it
1:07:53
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Speaker 1: a lot of money, a lot of time and you know,
1:08:03
Speaker 1: just basic compensation value for value. Trade win, win, win
1:08:07
Speaker 1: win is what we want. So you know you win
1:08:10
Speaker 1: by listening, I win by you paying. All right, let's see.
1:08:17
Speaker 1: I want to remind you that they ian instrud is
1:08:19
Speaker 1: holding a conference in Porto, Portugal in April. I think
1:08:24
Speaker 1: it's eighteenth and nineteenth. It's it's going to be really fun.
1:08:29
Speaker 1: Porto is a great city. I'll be there on call,
1:08:32
Speaker 1: will be there and tow it's funny. Will be there.
1:08:37
Speaker 1: A lot of students, fifty sixty seventy students will be there,
1:08:40
Speaker 1: some non students as well, so it'll be a great
1:08:43
Speaker 1: There'll be a great, great spirit, a great you know.
1:08:45
Speaker 1: There'll be local locals there from Portugal, there'll be from
1:08:49
Speaker 1: all over Europe. I don't know, if anybody's who's coming
1:08:52
Speaker 1: from the US, but I'm sure there'll be some people
1:08:53
Speaker 1: from the US. If you're a European, you're an objectivist,
1:08:57
Speaker 1: you should come hang out with one hundred like minded people.
1:09:02
Speaker 1: That would be fun. Anyway. If you want to sign up,
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1:09:41
Speaker 1: All right. Defenders of Capitalism dot com you should check
1:09:48
Speaker 1: them out. It's a website put together by Michael Williams
1:09:52
Speaker 1: Uh and Michael, with some help from me, has over
1:09:56
Speaker 1: the years put together an amazing program to defend capitalism
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1:10:25
Speaker 1: Let Michael know. Check out Defendersocapitalism dot com and Alex Epstein.
1:10:32
Speaker 1: Alex Epstein is the number one authority in the world
1:10:35
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Speaker 1: made a little bit of progress. That's great. We've achieved
1:11:47
Speaker 1: pretty much our first hour goal. And now since we're
1:11:51
Speaker 1: in the second hour, I hate to tell you this,
1:11:55
Speaker 1: but we need to get to the second hour goal.
1:11:59
Speaker 1: There's always a goal out there, always a goal out there. Yeah,
1:12:05
Speaker 1: all right, let's jump in with our super chat questions
1:12:10
Speaker 1: and uh feel free to ask oh stickers, Let's let's
1:12:13
Speaker 1: thank some stick of people. Mary Ellen, thank you, sit
1:12:17
Speaker 1: thank you, Mary Ellen again, thank you? Whoops and Mike
1:12:27
Speaker 1: Dill thank you? And who else? Who else? Who will else?
1:12:31
Speaker 1: Paul thank you? And yeah, I think I got everybody,
1:12:36
Speaker 1: all right, Thanks to all the stick of people. Appreciate it.
1:12:41
Speaker 1: Uh So, Uh, if you're not a sticker person, get
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Speaker 1: even have to ask a question. You don't even have
1:12:55
Speaker 1: to ask a question that way, all right, Michael, Trump's
1:13:10
Speaker 1: ability to maintain mental focus for more than a week
1:13:13
Speaker 1: or so is astoundingly short term. He can't conceive that
1:13:18
Speaker 1: there are people who have longer range goals. Yeah, I mean,
1:13:22
Speaker 1: I think that's right, and he can't. He can't think
1:13:23
Speaker 1: of principle, He can't think long term. So you constantly
1:13:27
Speaker 1: have to reinforce a goal to him. Everything has to
1:13:31
Speaker 1: be brought into short term consciousness, short term, you know, context.
1:13:37
Speaker 1: And I think there must be people around him, probably Rubio,
1:13:40
Speaker 1: constantly feeding him with material to try to get him
1:13:43
Speaker 1: excited about this war and winning this war. Suppose to
1:13:47
Speaker 1: the error today that every morning Trump watches a two
1:13:51
Speaker 1: minute video of all the stuff that was blown up
1:13:54
Speaker 1: the day before, so it's just a montage two minutes
1:13:58
Speaker 1: have just stopped blowing up. Any He really thinks that's cool,
1:14:01
Speaker 1: and that gets him excited about what's happening in a
1:14:05
Speaker 1: sense that we are winning. So whatever takes, whatever takes
1:14:09
Speaker 1: to keep him going so that we can actually win
1:14:11
Speaker 1: this thing, I'm all for that. All for that, yep,
1:14:20
Speaker 1: all right. Michael Osis says, how far can the West
1:14:24
Speaker 1: really fall? In a post n Man world. Objectivism will
1:14:28
Speaker 1: always prop up human progress in implicit ways, despite the
1:14:33
Speaker 1: sentence of Neanderthals like Trump. I mean, yeah, but you know,
1:14:40
Speaker 1: can we enough people reading her books? So? Are they
1:14:43
Speaker 1: enough intellectuals out there getting the message across? I mean,
1:14:46
Speaker 1: they're not that many people listening to the show. How
1:14:49
Speaker 1: do we do that? How does how does how does
1:14:51
Speaker 1: it get into the culture in implicit ways? How do
1:14:54
Speaker 1: we sustain that over time? I don't think it's automatic.
1:14:56
Speaker 1: I think it's going to require a lot of work
1:14:58
Speaker 1: and a lot of energy and a lot of effort
1:15:00
Speaker 1: over time. So you know, it's I think it's a challenge.
1:15:06
Speaker 1: I think it's a challenge, but objectives will always pop up.
1:15:10
Speaker 1: Human progress is a strong statement that I'm not sure
1:15:14
Speaker 1: I'm quite ready to back up. It's hope you're right.
1:15:20
Speaker 1: Liam Einran said, the foundations of evil is evading reality.
1:15:25
Speaker 1: But is there such a thing as unconscious evasion? People
1:15:29
Speaker 1: don't even know they're doing it? Well, you know, what
1:15:38
Speaker 1: what do you mean by know that they're doing it? Right?
1:15:42
Speaker 1: So part of the evasion is divade to evade even
1:15:49
Speaker 1: knowing about it. But that's the point, It's that they
1:15:53
Speaker 1: should know, they could know they a willingly and a
1:15:59
Speaker 1: con of the fact. To some extent, it might be
1:16:03
Speaker 1: just a hint a feeling that they're doing something wrong,
1:16:08
Speaker 1: that they're not looking at everything, that they're not engage
1:16:11
Speaker 1: with reality. And that's the sense in which, yeah, if
1:16:17
Speaker 1: it's just purely unconscious they have no control of it,
1:16:20
Speaker 1: then it wouldn't be a sin, it wouldn't be evil
1:16:24
Speaker 1: if you really can't control it. But they can't, and
1:16:29
Speaker 1: they know they can't, and somewhere along the line they
1:16:33
Speaker 1: choose not to not to think, not to look, not
1:16:40
Speaker 1: to engage, not to focus fundamentally, not to focus their minds,
1:16:48
Speaker 1: not to have a JUGLRHITHM. On one hand, I'd like
1:16:51
Speaker 1: to see a complete ender this regime and a period
1:16:54
Speaker 1: of America led reconstruction. But the Iraq and Afghanistan Wars
1:16:58
Speaker 1: showed how we are not culturally politically in a place
1:17:02
Speaker 1: to do that properly. Well, this is the difference between
1:17:05
Speaker 1: Afghanistan and Iraq and Iran and if Ghanistan. In Iraq,
1:17:10
Speaker 1: you had to completely change the culture. You had to
1:17:15
Speaker 1: completely revise the way people in the streets and in
1:17:21
Speaker 1: you know, in all parts of society thought about the world.
1:17:25
Speaker 1: These are primitive societies, completely tribal, with no sense of
1:17:32
Speaker 1: a secular world and secular values. I don't think that's
1:17:35
Speaker 1: true in Iran. Iran has a lengthy right, a history
1:17:43
Speaker 1: that has a culture that predates Islam, a sense that
1:17:52
Speaker 1: they have such an ancient culture that you know that
1:17:58
Speaker 1: not all their roots in Islam. They had in a
1:18:02
Speaker 1: sense in many regards, a thriving secular state under the Shah.
1:18:08
Speaker 1: And the Goals Revolution and the protests in January suggest
1:18:15
Speaker 1: that there's a significant percentage of the population that doesn't
1:18:19
Speaker 1: want the heat, job, doesn't want morality, police, doesn't want
1:18:25
Speaker 1: you know, doesn't want Islam dictating their lives. There is
1:18:32
Speaker 1: a significant portion of population, including some of the elites,
1:18:35
Speaker 1: who are fundamentally secular and want to live secular lives.
1:18:38
Speaker 1: This was not true in Afghanistan, not enough of them,
1:18:43
Speaker 1: and not true in i UK. And they have a
1:18:46
Speaker 1: respect for the West that I don't think existed in
1:18:49
Speaker 1: Afghanistan or in IUK. So a cultural context and you know,
1:18:58
Speaker 1: a you know, Iran as relative of the young, and
1:19:00
Speaker 1: that young population knows the West and wants to be
1:19:04
Speaker 1: like the West. And I don't think that existed elsewhere.
1:19:09
Speaker 1: And by the way, one of the things that prevented
1:19:11
Speaker 1: Iraq from going much better was Iran. Uan constantly undermined
1:19:17
Speaker 1: any American effort to improve the situation in Iraq. By
1:19:22
Speaker 1: the way, one of the big targets of this war
1:19:25
Speaker 1: have been the Iranian militias in Iraq, who are responsible
1:19:29
Speaker 1: of constantly undermining the Americans. Well, once Iran falls, there's
1:19:38
Speaker 1: nobody to undermine the efforts of the Americans anybody else
1:19:43
Speaker 1: to establish a better society. There's no Iran. You know,
1:19:51
Speaker 1: there's no Iran. You know, to Iraq, there's no there's
1:19:56
Speaker 1: nothing like that for Yuan. There's no somebody who can
1:20:00
Speaker 1: to fear and could undermine. They're it. They're the end
1:20:03
Speaker 1: of the rope. And that's why it's such a big
1:20:06
Speaker 1: deal for them to fall, such a big deal in
1:20:09
Speaker 1: terms of the Islamic world and in terms of Islamism
1:20:12
Speaker 1: for them to fall Adam. According to the usual reliable
1:20:20
Speaker 1: non American sources, Trump has a deal with Putin not
1:20:24
Speaker 1: to do any regime change changes in Venezuela, Iran, Cuba, etc.
1:20:29
Speaker 1: Without regime change, the Iran war is a total waste.
1:20:32
Speaker 1: Your opinion, Yeah, I don't think he has a deal
1:20:36
Speaker 1: with Putin not to do regime change. Every indication is
1:20:41
Speaker 1: that if regime change happens in Iran, the Americans will
1:20:46
Speaker 1: be happy, and the Israelis are definitely doing everything they
1:20:49
Speaker 1: can to bring about regime change, and it doesn't look
1:20:52
Speaker 1: like Trump is trying to stop Israel from doing it.
1:20:56
Speaker 1: So I don't think there's such a deal on the table.
1:20:58
Speaker 1: I just think that Trump doesn't care much about regime change.
1:21:02
Speaker 1: It's not how he thinks about the world. He thinks
1:21:04
Speaker 1: about the world is I'd rather have a thug that
1:21:07
Speaker 1: I can deal with on the basis of thget thuggishness.
1:21:10
Speaker 1: I'm the thuggiest person around. I'm the toughest guy around.
1:21:15
Speaker 1: I can force them to do what I want. So
1:21:17
Speaker 1: all I want is a regime that does what I
1:21:19
Speaker 1: tell them. I don't need them to be democratic, liberal,
1:21:24
Speaker 1: anything like that. Right, I'm not there. You know, he
1:21:26
Speaker 1: doesn't consider himself democratical, a liberal. I also don't think
1:21:31
Speaker 1: that there was a total waste. Right, You've basically crippled
1:21:38
Speaker 1: Iran's ability to produce weapons systems, missiles, and to some extent,
1:21:45
Speaker 1: drones for years, years and years, not a year, not months,
1:21:51
Speaker 1: but years, you probably crippled their ability to establish a
1:21:55
Speaker 1: nuclear nuclear program. You've weakened the regime significantly so that
1:22:01
Speaker 1: the Iranian people might be able to enact regime change
1:22:05
Speaker 1: somewhere down the road. You have destroyed you know, military
1:22:13
Speaker 1: and military and leadership, including scientific leadership in weapon production.
1:22:21
Speaker 1: You have really crippled them. There's no navy, there's no
1:22:24
Speaker 1: air force, missile launches. Now, they could replacements our launches
1:22:29
Speaker 1: pretty easily, but many of the missiles are gone. A
1:22:33
Speaker 1: big chunk of the missiles are gone. And you've shown
1:22:37
Speaker 1: the world how Wiki run is. So no, I think
1:22:40
Speaker 1: even if it stopped today horribly, it would still be
1:22:44
Speaker 1: a huge win. It just wouldn't be as big of
1:22:46
Speaker 1: a win. It wouldn't be as significant a geopolitical event
1:22:50
Speaker 1: as if the regime actually fell. That would be that
1:22:54
Speaker 1: would be the real, big, a shattering event, and that's
1:22:58
Speaker 1: what we should hope forul. I mean, we noticed that
1:23:04
Speaker 1: Israel even bombed and destroyed the fleet Iran had on
1:23:08
Speaker 1: the Caspian Sea. Putin could not be happy about that.
1:23:13
Speaker 1: That was the route on which Iran and Russia were
1:23:16
Speaker 1: trading to a large extent in drove technology and in drones.
1:23:20
Speaker 1: And Russia benefits from that, so Putin could not have
1:23:23
Speaker 1: been happy about that. So it doesn't seem like the
1:23:25
Speaker 1: words going according to Putin's plan, Mary Ellen, is there
1:23:30
Speaker 1: an analogy between Sony's suit against Cox and the lawsuit
1:23:34
Speaker 1: against Facebook for harming miners? I mean there is, ultimately,
1:23:39
Speaker 1: and that is, to what extent is a platform responsible
1:23:43
Speaker 1: for how it's used? And I think it shouldn't be.
1:23:48
Speaker 1: Now whether the courts will see it in the same way,
1:23:51
Speaker 1: I don't know, but that will be definitely be really
1:23:54
Speaker 1: really interesting to see if the cases in la and
1:23:59
Speaker 1: in Arizona make it up to the Supreme Court, will
1:24:03
Speaker 1: be quote rule in a similar way to the coxcase.
1:24:07
Speaker 1: But yeah, there is a similarity in a sense that
1:24:10
Speaker 1: can a platform be blamed for the way people use it?
1:24:16
Speaker 1: I think that it should be. No, absolutely no, But
1:24:22
Speaker 1: you know who knows? All right, let's see Happocampbell and
1:24:41
Speaker 1: Iranian general state of the US is negotiating with itself. Yeah,
1:24:45
Speaker 1: but it's hard to tell, as I said earlier, what
1:24:47
Speaker 1: exactly is going on. I mean, for all we know
1:24:50
Speaker 1: there are people in Iran who are trying to negotiate,
1:24:53
Speaker 1: but whether they have the authority to negotiate whether they
1:24:57
Speaker 1: have any inclinations to do anything that the US would
1:25:01
Speaker 1: want them to do. Hot to Tell, Hot to Tell. Chad,
1:25:13
Speaker 1: very long time supporter. Thank you, Chad. I appreciate the support.
1:25:16
Speaker 1: First time I've made the start of a live show.
1:25:20
Speaker 1: Welcome going to Bomb Miller tonight. Excellent. Hi Jeff, Thanks
1:25:25
Speaker 1: doctor Book for being a voice of reason and cultural influence.
1:25:28
Speaker 1: I appreciate that. Thank you, Chad, and enjoy I know
1:25:31
Speaker 1: you will your dinner at Bar Miller Hopper. When I
1:25:39
Speaker 1: argue against these tax sikes in these coastal states, the
1:25:43
Speaker 1: pushback I get in Western Europe has much higher taxes
1:25:48
Speaker 1: than what is being proposed in California, Washington and New York.
1:25:52
Speaker 1: And they're doing fine. They didn't collapse. All the rich
1:25:56
Speaker 1: people didn't leave, so they're not doing fine. The economies
1:26:01
Speaker 1: in Europe have lost ground dramatically to the United States.
1:26:06
Speaker 1: Their economic growth is pathetically slow. Now a lot of
1:26:10
Speaker 1: that has to do with regulation rather than taxes, but
1:26:13
Speaker 1: it's still true. A lot of rich people have left.
1:26:17
Speaker 1: Check out the UK outfloor of millionaires from the UK.
1:26:23
Speaker 1: Observe how many people live in Dubai. Europeans live in
1:26:26
Speaker 1: Dubai who would otherwise be in Europe, paying taxes in
1:26:29
Speaker 1: Europe and producing in Europe. Notice how many people in
1:26:33
Speaker 1: Monaco cyclists. I don't know my yoka or whatever the
1:26:39
Speaker 1: tax havens are. I don't know what they all are.
1:26:43
Speaker 1: So I don't think I just don't think that's factually true.
1:26:46
Speaker 1: That there's some information about the number of millionaires that
1:26:50
Speaker 1: left no Way when it instituted a well tax, And
1:26:54
Speaker 1: actually the amount of taxes, the amount of revenue produced
1:27:01
Speaker 1: by the government went down significantly because so many people left.
1:27:06
Speaker 1: So no, I mean, none of that is right. And remember,
1:27:09
Speaker 1: Europe is way behind the United States from an economic perspective,
1:27:13
Speaker 1: way behind. It's not doing well, not doing well at all. Harrison,
1:27:23
Speaker 1: ain't about borders, but damn if it ain't pride. You'll
1:27:29
Speaker 1: all see the photo A buzz by his side? Is
1:27:33
Speaker 1: this a poem? What is this? I guess this is
1:27:37
Speaker 1: from a song. Ain't about borders, but damn if it
1:27:41
Speaker 1: ain't pride. You all see the photo A buzz by
1:27:44
Speaker 1: his side, Light of Apollo, Reason unchanged the Earth to
1:27:50
Speaker 1: the cosmos forever ingrained. This is called flag on the
1:27:55
Speaker 1: moon by feed rate command coming in and I guess.
1:28:01
Speaker 1: I guess that's one of these songs that Houston does
1:28:04
Speaker 1: with the help of AI toolbox. Everything this administration does
1:28:13
Speaker 1: is to manipulate the markets, and friends are profiting through corruption.
1:28:18
Speaker 1: I don't think everything he does is just that is
1:28:21
Speaker 1: only that, but certainly friends and maybe themselves are benefiting
1:28:27
Speaker 1: enormously through co option. I told you about the story
1:28:29
Speaker 1: about the trading that happened just before Trump announced the
1:28:33
Speaker 1: potential deal and how much money was made, and I
1:28:37
Speaker 1: mean that made the rounds. A lot of news outlets
1:28:39
Speaker 1: picked that up. But it's going to die. Nobody's going
1:28:43
Speaker 1: to be prosecuted. It's just it's just a liam. This
1:28:48
Speaker 1: is a quote from fo Man. What life gives you,
1:28:52
Speaker 1: What life gives you? Sorry not what when life gives
1:28:56
Speaker 1: you melons? Melons? When I can't I can't read, it's
1:29:01
Speaker 1: till I have to go back to phonics class. When
1:29:06
Speaker 1: life gives you lemons, make lemon pound cake. When life
1:29:12
Speaker 1: gives you lemons, make lemon pound cake. There you go.
1:29:16
Speaker 1: That's quality lyrics there all right? Uh, Action Jackson, do
1:29:23
Speaker 1: you think the President of Spain's position is shameful regarding
1:29:27
Speaker 1: not allowing the US to use airbases his position on
1:29:30
Speaker 1: the war with you on in his position on Gaza.
1:29:33
Speaker 1: What do you think about this? Yeah, I mean he's terrible.
1:29:35
Speaker 1: He's a he's a leftist through and through. He's a socialist,
1:29:40
Speaker 1: and he can't do much economically because I think he
1:29:45
Speaker 1: knows the consequence of that, and right now Spain is
1:29:48
Speaker 1: doing well economically, so he doesn't want to screw it up.
1:29:51
Speaker 1: So his socialism manifests itself in all this crazy leftist
1:29:57
Speaker 1: pro Islam ideology. H and he's he hates the West,
1:30:01
Speaker 1: he hates as well, he hates America and An. He's
1:30:04
Speaker 1: supportive of the Palestinians and of the Iranians and of
1:30:07
Speaker 1: every thug out there that that threatens terrorism against Europe.
1:30:12
Speaker 1: So yeah, really really really bad and horrible human being.
1:30:19
Speaker 1: I think is going to lose big in the next election.
1:30:22
Speaker 1: We'll see. I think the Spanish right is going to
1:30:26
Speaker 1: do well. Something happened last elections. He was going to
1:30:31
Speaker 1: lose and at the last minute he was kind of
1:30:33
Speaker 1: saved by the bell I think next time he gets
1:30:36
Speaker 1: a pounding, we'll see them again. Action Jackson. Supposedly Iran
1:30:46
Speaker 1: is putting quotes by the president of pulling quotes by
1:30:50
Speaker 1: the President of Spain as well as his picture on missiles. Yeah,
1:30:54
Speaker 1: constantly featuring President of Spain defending the Iranians attacking the
1:30:59
Speaker 1: United States. You know who else they're featuring constantly is
1:31:02
Speaker 1: Tucker Causon. They're running the Tucker Carson Show on Iranian
1:31:06
Speaker 1: television show the Iranians that how divided America is and
1:31:13
Speaker 1: how even Americans think that the Iranians are just and
1:31:17
Speaker 1: the Americans are unjust. Tucker Cossons are huge, is a
1:31:20
Speaker 1: huge fan club. Generally. What the Iranians are doing is
1:31:24
Speaker 1: they're taking anybody's pro Yuan, anti America, anti Israel comments
1:31:29
Speaker 1: out there in the world, and they're translating them and
1:31:31
Speaker 1: making memes out of it and putting it up on
1:31:33
Speaker 1: television and videos and all of that. They've got a
1:31:36
Speaker 1: whole PR department dedicated to Westerners attacking the West. I mean,
1:31:43
Speaker 1: and Israeli just went on Tucker Causon to attack Israel,
1:31:48
Speaker 1: and they will make hay of that one. He's left
1:31:51
Speaker 1: wing Israeli, former member of the Israeli parliaments and he's
1:31:58
Speaker 1: attacking Israel and checking them on the war and all
1:32:00
Speaker 1: of that. And yeah, they will make hay Of that
1:32:03
Speaker 1: they will squeeze it to their advantage in the PR war,
1:32:08
Speaker 1: and Israel's very bad in the PR war. Again, extra Jackson,
1:32:13
Speaker 1: did you see that Hassan Pika and Ilain Omar's daughter
1:32:18
Speaker 1: went to Cuba protesting America's oil blockade. I mean, I
1:32:22
Speaker 1: hope they stay there. Maybe we can blockade them from
1:32:25
Speaker 1: stop them for coming back. I mean, no, I don't
1:32:27
Speaker 1: really advocate for that, but yeah, I mean, it doesn't
1:32:31
Speaker 1: surprise me. They're fans of Cuba. Many on the left
1:32:35
Speaker 1: are fans of Cuba, and they think that Cuba is
1:32:38
Speaker 1: poor only because of American sanctions. Communism didn't produce that.
1:32:43
Speaker 1: It's not socialism that did it. So yeah, it doesn't
1:32:47
Speaker 1: surprise me at all. It's pretty typical of these leftists
1:32:52
Speaker 1: to find any excuse to basically support a socialist regime,
1:33:01
Speaker 1: particularly if it involves attacking the United States. They hate America,
1:33:05
Speaker 1: they love America's enemies, and they love anybody who advocates
1:33:13
Speaker 1: claims to advocate for socialism, whether they are or not.
1:33:20
Speaker 1: All Right, Doug, at what point is trading oil based
1:33:27
Speaker 1: on Trump's woods irrational? Is it even rational to trade
1:33:32
Speaker 1: based on politicians? World? Well, I mean what traders do
1:33:36
Speaker 1: is they try to evaluate what the politician says. The
1:33:39
Speaker 1: politicians are important because they are the decision makers. They
1:33:43
Speaker 1: make decisions that impact oil. So people trade based on
1:33:48
Speaker 1: their estimate about accurate what the politician is saying, what
1:33:51
Speaker 1: the impact that have, how the future is can evolve.
1:33:54
Speaker 1: It would be irrational not to trade on politicians. Woulds
1:33:58
Speaker 1: Politicians affect things, So you have to. You have to
1:34:03
Speaker 1: consider it now. Just to accept that blindly would be irrational,
1:34:08
Speaker 1: but to take it into account, to consider it in
1:34:13
Speaker 1: evaluating the situation. You have to. It's essential. Harrison, good evening,
1:34:21
Speaker 1: good afternoon, and thanks for listening to my songs. Haven't
1:34:24
Speaker 1: listened yet, I will, Howson, for anyone who's curious. I
1:34:28
Speaker 1: woke with GTT to write lyrics that both scan and rhyme,
1:34:34
Speaker 1: and then feed those lyrics into so No and repeatedly
1:34:43
Speaker 1: ask Suno to come up with melodies for those lyrics
1:34:47
Speaker 1: until I hear a good one. I mean, it's really
1:34:50
Speaker 1: really cool, uh that that it's that easy these days
1:34:57
Speaker 1: to uh to come up with uh with songs that
1:35:03
Speaker 1: is that is cool music. A four channel early nineties
1:35:11
Speaker 1: Ukraine particularly struggled the first president was a leftist who
1:35:16
Speaker 1: displayed who delayed economic reforms that would let broken supply
1:35:22
Speaker 1: Chaine realign. Yeah, I mean early nineties Ukraine, Ukraine struggled.
1:35:26
Speaker 1: This is why they had all those revolutions. This is
1:35:29
Speaker 1: why the people kept going out in the street. They
1:35:32
Speaker 1: didn't want socialism, they didn't want Russiasm, whatever the hell
1:35:36
Speaker 1: that is. I mean, they didn't want alliance with Russia.
1:35:38
Speaker 1: They wanted to be European. And this is why you
1:35:41
Speaker 1: had the various ma done revolutions where the people went
1:35:45
Speaker 1: out the streets and forced changes in government. And everybody
1:35:49
Speaker 1: blames the CIA, and no question in CAA was there,
1:35:52
Speaker 1: but it wasn't CIA. It was the Ukrainian people demanding change,
1:35:57
Speaker 1: demanding change because they wanted to be like Europe. They
1:35:59
Speaker 1: wanted to do they wanted more freedom, they wanted to
1:36:02
Speaker 1: be they wanted a decent economy, and you know, starting
1:36:08
Speaker 1: in the two thousands they started demanding that and you
1:36:11
Speaker 1: got the abs and downs of different administrations in Ukraine
1:36:16
Speaker 1: and they still don't have it properly. Right, There's still
1:36:19
Speaker 1: a way to go before you get a government in
1:36:22
Speaker 1: Ukraine that's actually getting engaged in the kind of reforms
1:36:24
Speaker 1: that they need to move them towards wealth and success. Toolbox.
1:36:31
Speaker 1: I created an AI agent that reduces prep time by
1:36:35
Speaker 1: of a ninety percent with higher quality. But I'm not
1:36:38
Speaker 1: incentivized monetarily for sharing this. What is the best way
1:36:41
Speaker 1: to negotiate what I created with my firm? Interesting? You know,
1:36:55
Speaker 1: I don't know. I don't know the details of your company,
1:36:58
Speaker 1: but I would definitely approach them and say, look, I've
1:37:01
Speaker 1: done this. It's going to enhance my productivity significantly. I
1:37:06
Speaker 1: think you should recognize that increased productivity, and you know,
1:37:17
Speaker 1: it'll be interesting to see and you'll learn a lot
1:37:19
Speaker 1: about the firm that you work for to see their response.
1:37:24
Speaker 1: You know, are they going to deny it? Are they
1:37:27
Speaker 1: going to require you to hand over the app? Are
1:37:30
Speaker 1: they going to require user and not compensate you for it?
1:37:33
Speaker 1: What exactly are you're going to do now? Ian is right,
1:37:38
Speaker 1: your firm already owns it because you did it. If
1:37:41
Speaker 1: you did it during work hours, your firm clearly owns
1:37:44
Speaker 1: the app. Anything you do during workhouse is owned by
1:37:46
Speaker 1: the firm. But their attitude towards this, the comment, what
1:37:50
Speaker 1: they say about it, and whether they're willing to recognize
1:37:54
Speaker 1: the fact that you did it and give you a
1:37:57
Speaker 1: bonus or raise or whatever. We'll tell you a lot
1:38:00
Speaker 1: about who you're looking for and what kind of people
1:38:03
Speaker 1: they are, and will will shape whether you want to
1:38:06
Speaker 1: continue working for them. Steve says, thank you for your show.
1:38:12
Speaker 1: Did you see Liam? That is a profit divinity debate?
1:38:19
Speaker 1: Andrew Wilson, the Christian nationalist. He does a very good
1:38:24
Speaker 1: job articulating objectivism. Might be cool to have him Liam
1:38:30
Speaker 1: on the show. I'll take a look at that. I
1:38:33
Speaker 1: don't know who he is, and I do not know
1:38:35
Speaker 1: anything about this debate, so I'll check it out. I'll
1:38:42
Speaker 1: check it out. Cool. I assume that's not the Liam
1:38:52
Speaker 1: that's here in the chat. I assume it's another Liam.
1:38:55
Speaker 1: Thanks Steve, I appreciate it. Jennifer from Canada Homeman Hughes
1:39:01
Speaker 1: and Glenn Greenwald debate does is your control US PHM policy?
1:39:07
Speaker 1: I agree more with Hughes, but Greenwold made some interesting points.
1:39:10
Speaker 1: Can you offer your take on the topic. I mean,
1:39:15
Speaker 1: I haven't see the debate, but I'll just tell you
1:39:17
Speaker 1: I think it's absurd, right, I mean, Israel does not
1:39:21
Speaker 1: spend that much money on American politics, nowhere near for
1:39:24
Speaker 1: example that Katao does on many many other lobbyists do.
1:39:30
Speaker 1: Israel is a is a tiny nation that doesn't have
1:39:33
Speaker 1: a lot, you know, doesn't have the kind of stuff
1:39:35
Speaker 1: to offer the United States like Saudi Arabia does, or
1:39:39
Speaker 1: kataw or Yui do, or they have money and they
1:39:42
Speaker 1: have and they have oil to offer the United States.
1:39:45
Speaker 1: So doesn't strike me that there's any argument there. I
1:39:53
Speaker 1: don't know what argument is. I don't know what the
1:39:55
Speaker 1: argument for is it controls us phon policy is because
1:40:00
Speaker 1: it's so stupid to me that I don't get it.
1:40:03
Speaker 1: So you'd have to list what do you think of
1:40:06
Speaker 1: this argument? What do you think of this argument? What
1:40:07
Speaker 1: do you think of this argument? Because I don't know
1:40:09
Speaker 1: what those arguments are because every time I hear them,
1:40:11
Speaker 1: they're so ridiculous in my mind. Maybe I just dismissed
1:40:17
Speaker 1: them off hand, and you know, hopefully Coleman Hughes did
1:40:20
Speaker 1: a good job, but there's just no basis for it.
1:40:23
Speaker 1: The number of times the United States has held Israel
1:40:26
Speaker 1: back has been destructive towards Israel. You know, even the
1:40:30
Speaker 1: bite ending the Gaza thing, the inability of the arms
1:40:35
Speaker 1: ymbalgo and bargo on certain arms that they did towards Israel,
1:40:39
Speaker 1: that happened during Gaza after October seventh. I mean, over
1:40:43
Speaker 1: and over and over again. The evidence suggests that Israel
1:40:47
Speaker 1: does not control use phone policy. What Israel does is
1:40:52
Speaker 1: it has views about phone policy that often are consistent
1:40:56
Speaker 1: of the America's self interest because they both represent they
1:41:02
Speaker 1: both represent Western civilization confronting Islamism, and thefore they were
1:41:14
Speaker 1: aligned on a lot of things. Not in everything, but
1:41:16
Speaker 1: aligned on a lot of things. Yeah, but if you
1:41:26
Speaker 1: have a particular argument that Greenworld makes, then send me
1:41:32
Speaker 1: a list and I'll combat them. I have no problem.
1:41:36
Speaker 1: But I take the most convincing ones, the ones that
1:41:39
Speaker 1: you think are interesting, and send them to me in
1:41:43
Speaker 1: an email you're on at your on bookshow, dot com
1:41:46
Speaker 1: or some other way, and I'll address them. Neo, it's
1:41:52
Speaker 1: discouraging to support Israel, and BB voices his support for Auburn.
1:41:56
Speaker 1: Should model reasons be used to support any name in
1:42:00
Speaker 1: today's time? Well, I mean, I don't know if any
1:42:04
Speaker 1: nation you should support Israel in the context of the
1:42:06
Speaker 1: one you r on, or in the context of Gaza,
1:42:09
Speaker 1: or in the context of being civilized, and you should
1:42:12
Speaker 1: criticize them harshly for BB supporting Aubon and BB just existing.
1:42:18
Speaker 1: I despise BB no matter what he does, he in
1:42:22
Speaker 1: my mind, is responsible fall for so many bad decisions,
1:42:26
Speaker 1: so many horrible stuff that's happened in Israel, that I
1:42:31
Speaker 1: could never vote for him. I could never support him.
1:42:34
Speaker 1: So you have to criticize him. You have to criticize
1:42:36
Speaker 1: what's criticizable, but also be able to step back and
1:42:40
Speaker 1: see the big picture. And in the big picture, they're
1:42:42
Speaker 1: fighting for their existence, they're fighting for civilization, they're fighting
1:42:47
Speaker 1: for progress against barbarism, and we should support we support
1:42:52
Speaker 1: them in that context. Any chance, this is Loan dissenter,
1:43:03
Speaker 1: any chance of having Alex Epstein Epstein on the show
1:43:07
Speaker 1: anytime soon? It doesn't look like it, like he's not
1:43:10
Speaker 1: responding to my assistants emails. But I will see Alex
1:43:16
Speaker 1: in two weeks, yeah, two weeks from today, actually two
1:43:19
Speaker 1: weeks from yesterday. I will be at a conference that
1:43:22
Speaker 1: Alex's holding, and I'll see him and I'll talk to
1:43:27
Speaker 1: him and ask him. I don't see any reason why
1:43:31
Speaker 1: he wouldn't come on the show other than he's super busy,
1:43:34
Speaker 1: and maybe because of his involvement with the Trump with
1:43:37
Speaker 1: the Trump administration. Maybe he doesn't want to be viewed
1:43:43
Speaker 1: from the outside as affiliated with the show. He worries
1:43:46
Speaker 1: about the impact of that. I don't know, but I'll
1:43:50
Speaker 1: ask him and find out. Alex and I have a
1:43:52
Speaker 1: great relationship, so he's still a sponsored the show and everything. Finnhapa,
1:43:57
Speaker 1: thank you for the stickers, Stephen hap Stephen Happer, thank
1:43:59
Speaker 1: you for the sticker. Appreciated Stephen. Next week we've got
1:44:05
Speaker 1: Amish on the show. So on Monday, Amiss Adulgia, we'll
1:44:11
Speaker 1: be talking about rfk uh and everything going on at
1:44:15
Speaker 1: the at the at the f d A, at the
1:44:17
Speaker 1: Health and Human Services, at the vaccines. We'll talk about
1:44:21
Speaker 1: the whole all the healthcare topics that RFK is engaged
1:44:27
Speaker 1: with and engaged in UH. So that will be on Monday.
1:44:32
Speaker 1: That will be Amish Adulgia. And then probably in May,
1:44:37
Speaker 1: I think we'll have the lawyer from the Institute for Justice,
1:44:44
Speaker 1: who represents represents the people suing Ice American citizens suing
1:44:55
Speaker 1: Ice for the treatment they got, is going to be
1:44:58
Speaker 1: on with us, and that's your be really interesting, so
1:45:01
Speaker 1: we'll get an insight look at that lawsuit that's going through.
1:45:05
Speaker 1: It might make it to Supreme Court. All right, music
1:45:08
Speaker 1: for four channel? Does AI generated music poetry fit Rand's
1:45:13
Speaker 1: definition of art? And what could we do to establish
1:45:16
Speaker 1: what is made by AI and what is real human art? Well,
1:45:20
Speaker 1: I mean, here's the I mean, it's an interesting question.
1:45:25
Speaker 1: Does what AI fit the definition? And I think the
1:45:28
Speaker 1: answer is yes. At the end of the day, all
1:45:30
Speaker 1: AI can do is extrapolate from what human beings create,
1:45:38
Speaker 1: So it's extrapolating from the metaphysical value judgments of other
1:45:42
Speaker 1: human beings. I mean, I don't think AI can be profound.
1:45:49
Speaker 1: I don't think AI can be used for anything but
1:45:51
Speaker 1: popular music. I don't think you could write another becha insymphony.
1:45:57
Speaker 1: There wasn't very similar debate of it. I mean, there
1:45:59
Speaker 1: wasn't mimicry. But I don't know. Maybe they can one day,
1:46:06
Speaker 1: I don't know. I mean, at some point you won't
1:46:08
Speaker 1: be able to differentiate and what that means exactly for art.
1:46:13
Speaker 1: I'm not sure we'd have to. We'd have to do
1:46:16
Speaker 1: a lot of thinking, we'd have to really consider it
1:46:19
Speaker 1: and think about it. But the reality is that AI
1:46:26
Speaker 1: is doing things that are truly amazing. And if a
1:46:31
Speaker 1: movie is all AI movie and it's super entertaining. You're
1:46:33
Speaker 1: not gonna watch it because it's AI? Do you care
1:46:36
Speaker 1: that AI made it? I think real originality and real
1:46:42
Speaker 1: creativity and real interesting plots are ultimately still going to
1:46:48
Speaker 1: have human beings. Human beings can create. AI can average out,
1:46:55
Speaker 1: but it can't. It can't be creative. So I mean,
1:47:02
Speaker 1: that's the best I have for now. Harrison, have you
1:47:06
Speaker 1: read If Anyone, If Anyone builds It, Everyone Dies, terrible
1:47:10
Speaker 1: book with status conclusions, but accidentally makes some interesting air
1:47:14
Speaker 1: and said, I have not. I find it very difficult
1:47:17
Speaker 1: to read doomsday kind of predictions and doomsday kind of books.
1:47:21
Speaker 1: But I believe that he has interesting air insight. It's
1:47:23
Speaker 1: the guy smart. But yeah, maybe I'll read it at
1:47:27
Speaker 1: some point, all right, last question from Bradley. Thoughts on
1:47:33
Speaker 1: China's military ambitions since the Iran War. Well, I think Ian.
1:47:40
Speaker 1: I think China is probably delaying any plans I had
1:47:46
Speaker 1: around Taiwan. I think Ian is looking at this and saying,
1:47:51
Speaker 1: maybe we can't compete yet with the Americans, maybe we should.
1:47:57
Speaker 1: Is that technology good enough? It doesn't seem so. I mean,
1:48:03
Speaker 1: in that context, it's interesting to note that the US
1:48:07
Speaker 1: just launched just unveiled their own hypersonic missile. It's called
1:48:15
Speaker 1: Dark Eagle. It's a ground launch missile capable of striking
1:48:19
Speaker 1: targets thirty five hundred kilometers away in twenty minutes. It's
1:48:25
Speaker 1: supposedly is superior to anything the Chinese have. I don't
1:48:28
Speaker 1: know if that's true, but that's what it's got. Unmett speed,
1:48:31
Speaker 1: unmetch ranged and precision. So even when the US falls behind,
1:48:37
Speaker 1: and it certainly fell behind in hypersonics, the Chinese and
1:48:40
Speaker 1: the Russians were head, the US catches up, and I
1:48:44
Speaker 1: think the Chinese are looking at US technology as used
1:48:48
Speaker 1: by Americans, used by Israel and saying do we want
1:48:51
Speaker 1: to risk it? Do we want to risk it?
1:49:00
Speaker 3: Right?
1:49:02
Speaker 1: And you know, I think this certainly delaying any planned
1:49:08
Speaker 1: action against Taiwan that they had. That would be my expectation.
1:49:16
Speaker 1: All right, guys, that is it. Thank you everybody, Thanks
1:49:19
Speaker 1: all the super schedis, Thanks everybody asking questions, Thanks all
1:49:22
Speaker 1: the everybody who's here. I appreciate the support. I appreciate
1:49:26
Speaker 1: you being here. I will be back tomorrow same time, trepm,
1:49:32
Speaker 1: East Coast time for another news show. We will have
1:49:36
Speaker 1: shows on Saturday and on Saturday is an AMA. So
1:49:39
Speaker 1: anybody who gives more than twenty five dollars on one
1:49:41
Speaker 1: of the platforms, you should have received the link for
1:49:43
Speaker 1: the AMA. If you haven't, let my system know. And
1:49:50
Speaker 1: Sunday will be a normal, a non news show show.
1:49:55
Speaker 1: And yeah, and that's it because it's almost two hours
1:50:02
Speaker 1: and normal questions. When you guys stop questions, I stop,
1:50:08
Speaker 1: all right. Yeah. Check out the the the new dark
1:50:11
Speaker 1: Ego hypersonic American missile system pretty pretty cool. And and
1:50:15
Speaker 1: now beats the both the Russians and the and the Chinese.
1:50:20
Speaker 1: I will see you tomorrow. Have a great rest of
1:50:23
Speaker 1: your Wednesday.