Latest / Breaking Points with Krystal and Saagar / 2/11/26: Ro Khanna Exposes Epstein Co-Conspirators, Epstein Biohacking, Shock Jobs Numbers

Transcript

2/11/26: Ro Khanna Exposes Epstein Co-Conspirators, Epstein Biohacking, Shock Jobs Numbers · Breaking Points with Krystal and Saagar

0:00
Speaker 1: Hey, guys, Saga and Crystal here.
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Speaker 1: dot com.
0:33
Speaker 3: Good morning, and welcome to Breakingpoints. Emily, the guy in
0:36
Speaker 3: charge of safety overheat Anthropic says that he is quitting
0:42
Speaker 3: to go write.
0:42
Speaker 4: Poetry and that we are all in peril.
0:45
Speaker 3: So Steph wil I mean, we're not going to cover
0:48
Speaker 3: that though today because we like to keep.
0:49
Speaker 4: It light here.
0:50
Speaker 5: Actually it'll be relevant to the job segment that it
0:53
Speaker 5: will so this this job Big Job support will be
0:56
Speaker 5: out by the time we talk about it. We're right
0:58
Speaker 5: now as we tape this way and got it another
1:00
Speaker 5: ten minutes. But that's actually going to be perfectly relevant
1:04
Speaker 5: to whatever these numbers are.
1:06
Speaker 4: Poetry jobs for very rich people are still doing. Okay,
1:09
Speaker 4: though you.
1:10
Speaker 6: Want to hear a secret, let's hear it.
1:12
Speaker 5: I have a degree in creative writing with a concentration
1:16
Speaker 5: in poetry.
1:17
Speaker 4: That does not surprise me. Believe it or not.
1:19
Speaker 6: It's pretty shameful.
1:21
Speaker 3: Actually, so anyway, we're not going to talk about that.
1:23
Speaker 3: We actually invited the guy on to do an interview.
1:25
Speaker 3: He's like, no, no, no. I said that we're all
1:28
Speaker 3: in peril as humanity, and I'm quitting to go do poetry,
1:31
Speaker 3: not going to give any more details.
1:32
Speaker 4: You're all in peril. Good luck.
1:33
Speaker 5: This is not a show for poets. Ryan, Actually, we
1:36
Speaker 5: welcome all post.
1:37
Speaker 3: We are going to talk about Jeffrey Epstein, piano player, Yes, jordinaire.
1:42
Speaker 3: We're going to talk about his interest in eugenics. That's
1:44
Speaker 3: why it says eugenics underneath there.
1:46
Speaker 7: We should actually we should like just ask um some
1:49
Speaker 7: questions about you know, jobs report, the administration saying we
1:55
Speaker 7: have to revise down our expectations.
1:57
Speaker 3: You know, everybody always hopes that there are more jobs
2:00
Speaker 3: in the jobs report, but work sucks, and so there
2:03
Speaker 3: should be fewer jobs.
2:04
Speaker 5: We've got a good clip. You're gonna want to stay
2:06
Speaker 5: around for this block.
2:08
Speaker 3: We're going to talk about the story and drop site
2:10
Speaker 3: that we did about whether or not negotiations between Cuba
2:13
Speaker 3: and the United States are actually happening as the US
2:16
Speaker 3: is completely shutting down basically all things going into Cuba,
2:21
Speaker 3: all things.
2:21
Speaker 4: This spear is plaming their talks.
2:24
Speaker 6: You broke some people's brains.
2:26
Speaker 4: This is the weird story.
2:27
Speaker 6: Yeah, we're gonna, We're gonna it.
2:30
Speaker 5: Also, Netsagnahu moved up a trip. He's in town here
2:32
Speaker 5: today meeting actually closed door for now with Donald Trump
2:36
Speaker 5: around eleven a m. That's also as Trump is weighing
2:41
Speaker 5: whether to keep escalating in Oran. Potentially what a second
2:44
Speaker 5: aircraft carrier group on the table right now.
2:46
Speaker 3: Yeah, Rock Revied called him up and he's like, man,
2:50
Speaker 3: maybe I'll send another one.
2:51
Speaker 4: So now that's news something.
2:53
Speaker 3: This is who's seventh trip in Trump's second term and.
2:58
Speaker 6: It's a we're a year in we're trips.
3:01
Speaker 8: Yeah.
3:02
Speaker 5: We also have a really odd new development in the
3:05
Speaker 5: case of Nancy Guthrie. So that's Savannah Guthrie's mom obviously,
3:08
Speaker 5: who appears to have been abducted. The FBI released new
3:11
Speaker 5: photos and video of a suspect yesterday. Interestingly, though, some
3:16
Speaker 5: of it is from a Nest camera, and it appears
3:18
Speaker 5: that Nancy Guthrie did not have a Nest camera subscription.
3:22
Speaker 5: So what does that mean, Well, it means that Nest
3:25
Speaker 5: maybe recording constantly and saving the files whether or not
3:28
Speaker 5: you have a subscription files on that creepy ring super
3:31
Speaker 5: Bowl commercial. So we're going to talk about all of that.
3:33
Speaker 5: And Ryan, you interviewed a candidate in New Jersey.
3:37
Speaker 4: That's right.
3:37
Speaker 3: Honor Lilia Mahia was yesterday declared the official victor in
3:43
Speaker 3: New Jersey eleven because Tom Malinowski, or chief opponent who's
3:47
Speaker 3: only behind by less than a thousand votes, conceded. This
3:50
Speaker 3: is the race where APAX spent two plus million dollars
3:53
Speaker 3: to stop Malinowski from winning and accidentally elected Mahea, who's
3:59
Speaker 3: a Ernie, AOC wing Democrat who has been calling out
4:03
Speaker 3: Israel's genocide and calling for all weapons shipments to be
4:08
Speaker 3: stopped for two years, two plus years now, So big
4:12
Speaker 3: l for APACK. So we'll talk to Aunt Lilia about
4:16
Speaker 3: what she plans to do when she gets to Washington
4:18
Speaker 3: and her reflections on the race.
4:21
Speaker 4: Now that she's been declared the winner.
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Speaker 5: It helps us so much. Now, Ryan, let's get on
4:44
Speaker 5: to the news that yesterday Representative Rocanna went and you
4:49
Speaker 5: may be seeing more of this was able to view
4:52
Speaker 5: unredacted Epstein files. Thomas Massey has been doing this as well,
4:56
Speaker 5: and Rocana used his privilege of speaking on the House
5:00
Speaker 5: floor to name the people who are in.
5:03
Speaker 3: Carrazeus can't see a member of Congress for something they
5:05
Speaker 3: say on the floor, which.
5:08
Speaker 4: What's her name?
5:09
Speaker 6: Nancy Mays?
5:10
Speaker 3: Nancy Mays used for her own messy drama, Jkanna using
5:14
Speaker 3: for the public for.
5:15
Speaker 6: The public's massy drama. Very so let's go ahead and
5:19
Speaker 6: roll this.
5:20
Speaker 5: Uh, this is going to be a st of them
5:22
Speaker 5: talking about who's behind these redactions.
5:26
Speaker 9: Congressman Massey and I went to the Department of Justice
5:29
Speaker 9: to read the unredacted Epstein files. We spent about two
5:33
Speaker 9: hours there and we learned that seventy to eighty percent
5:38
Speaker 9: of the files are still redacted. In fact, there were
5:43
Speaker 9: six wealthy powerful men that the DOJ hid for no
5:48
Speaker 9: apparent reason. When Congressman Massey and I pointed this out
5:53
Speaker 9: to the Department of Justice, they acknowledged their mistake, and
5:57
Speaker 9: now they have revealed the identity of these six powerful men.
6:02
Speaker 9: These men are Salvator Novora, Zorab mikolads Leapig Leonor Nicola Kaputa,
6:11
Speaker 9: Sultan Ahmed bin Soliam, CEO of Dubai Ports World, and
6:17
Speaker 9: billionaire businessman Leslie Wexner.
6:21
Speaker 5: Leslie Wexner, Oh, interesting, Ryan, who I believe is actually
6:24
Speaker 5: going to sit for questions.
6:26
Speaker 4: Yeah, we'll see, we'll see if he actually answers anything.
6:28
Speaker 6: But yeah, unless yeah, you get.
6:29
Speaker 4: Obviously he was subpoenaed by Congress.
6:31
Speaker 6: Subpoena by Congress.
6:33
Speaker 4: He just turned over his fortune to Jeffrey Epstein for
6:36
Speaker 4: no reason.
6:37
Speaker 5: And we can put the next element up on the screen.
6:39
Speaker 5: This is from Aaron Parnas who said he spoke with Rocanna,
6:42
Speaker 5: who quote confirmed that most of the unredacted files remain
6:45
Speaker 5: redacted because the FBI scrubbed them in marsh and then
6:49
Speaker 5: gave the DOJ redacted copies. Now the FBI is under
6:53
Speaker 5: the DOJ, so kind of a processed question there about
6:56
Speaker 5: what that means Ryan, but Parna says DOJ seemingly never
7:00
Speaker 5: for new unredacted versions of those files.
7:05
Speaker 6: Big names.
7:05
Speaker 5: Now you you all at drop site have done reporting
7:08
Speaker 5: on the Sultan, who plays a rather interesting role in
7:11
Speaker 5: all of this.
7:12
Speaker 3: I feel like they're going to throw him under the bus.
7:14
Speaker 3: He's going to be a kind of sacrificial lambia a Sultan.
7:16
Speaker 3: Sulium is a the chair of Dubai Ports World DP World,
7:24
Speaker 3: which is an Emirodi company which is extremely impopular important
7:29
Speaker 3: for you to understand how the world works. This is
7:32
Speaker 3: a company that for decades has been you know, inserting
7:37
Speaker 3: itself into the flow of commodities and oil throughout the world.
7:43
Speaker 3: And Epstein has been friends with this guy for a
7:46
Speaker 3: very long time. Like the you know, the ports are
7:50
Speaker 3: the arteries of power. Like you control the ports, you
7:53
Speaker 3: control the flow of diamond you know, diamonds out of
7:56
Speaker 3: Angola where Epstein was operating or basically all commodities like that.
8:01
Speaker 3: Epstein very fluidly understood power, and not just power at
8:07
Speaker 3: a like cocktail circuit level, but how wealth actually moves
8:15
Speaker 3: around the world and who controls it and how, and
8:19
Speaker 3: so the Israelis and the Amorats also very deeply understand this,
8:25
Speaker 3: and they are very closely allied.
8:28
Speaker 4: Suliam was one of.
8:30
Speaker 3: His seems like closest associates, deeply involved in all of
8:35
Speaker 3: this like predatory, perverted stuff that they were doing, yes,
8:39
Speaker 3: as you see in the emails, and so yeah, we
8:41
Speaker 3: wrote about him mid January and his connection to Israel
8:45
Speaker 3: and to Epstein. There's been further reporting now on him
8:49
Speaker 3: since then, basically exposing him for being a creep. And
8:52
Speaker 3: it's interesting to see the difference between the kind of
8:55
Speaker 3: mainstream coverage of him and ours, which is like, we're
8:58
Speaker 3: going to tell you how he and his company fit
9:02
Speaker 3: into world power and also that he's a creep. The
9:09
Speaker 3: rest of the media they're just going to like flag
9:10
Speaker 3: that he's a creep and then they're going to eject him,
9:13
Speaker 3: you know what they're gonna do then put another chairman
9:15
Speaker 3: of of Byports World in there, right, who will continue
9:19
Speaker 3: the same system that will be just as corrupt, right, No.
9:23
Speaker 5: I think that's actually true of most of the drop
9:25
Speaker 5: site covers. When you're contrasting it with.
9:27
Speaker 3: We're telling you what's actually happening, yes, and where it
9:30
Speaker 3: fits into the story of the world.
9:33
Speaker 6: You could do both at the same time. You can.
9:34
Speaker 3: It turns out you can, yes, well you cannot, which
9:36
Speaker 3: is the other way of doing it.
9:38
Speaker 5: Well, So speaking about power fits into the bigger picture.
9:42
Speaker 5: Howard Lutnik was testifying Commerce Secretary Lutnik in front of
9:47
Speaker 5: the Appropriations Committee yesterday and got some big questions about
9:51
Speaker 5: what seems to be a massive golf between his earlier
9:54
Speaker 5: explanation of any relationship with Jeffrey Epstein he may have
9:58
Speaker 5: had and what is actually in the files.
10:00
Speaker 3: Real quick, before we move to that, let's just give
10:03
Speaker 3: Rocanna and Massy their flowers again. So, like, these are
10:07
Speaker 3: the first two members of Congress where I'm like, I'm
10:09
Speaker 3: kind of worried about these guys.
10:10
Speaker 5: Like that's how that's a good point, Like that's how
10:13
Speaker 5: stay out of guyana.
10:15
Speaker 4: Hardcore they're being.
10:17
Speaker 3: In their pursuit of this, And I'm like, oh, watch yourself, Row,
10:22
Speaker 3: watch yourself, Thomas, I mean, and they're trying to get
10:24
Speaker 3: my man. They're spending millions to get Massy out of office.
10:27
Speaker 3: The oligarchs are trying to get Rocana out. They're are
10:31
Speaker 3: they too late. We'll see, We'll see if they can
10:33
Speaker 3: orchestrate that. But I'm even beyond that. Rocanna, more than
10:38
Speaker 3: any other Democrat, has been paying attention to independent media
10:41
Speaker 3: for the longest time. Everyone who watches this show knows this.
10:44
Speaker 3: And it's not a coincidence. I don't think that he
10:48
Speaker 3: had his finger on the pulse of where people were
10:51
Speaker 3: on this issue long before his colleagues, because it's colleagues
10:54
Speaker 3: are following the New York Times and CNN, and that's
10:58
Speaker 3: where they're taking their cues. So they're like, oh, Epstein,
11:01
Speaker 3: nobody cares about this. And Rocanna, he's following this show.
11:05
Speaker 3: He's following the broad podcast or universe. He's like, Oh,
11:10
Speaker 3: I see what people care about. And people come up
11:13
Speaker 3: to him all over the country now because he's been
11:15
Speaker 3: out on so much in the kind of media and
11:17
Speaker 3: talked to him about stuff, so he has he like
11:19
Speaker 3: he interestingly is like one of the more in touch
11:23
Speaker 3: politicians because he's been able to because he's he kind
11:26
Speaker 3: of chose like I'm going to see what this independent
11:29
Speaker 3: media space is all about.
11:30
Speaker 5: Yeah, and he learned quickly because he was He's told
11:33
Speaker 5: us this before when he was going out to airports whatever.
11:36
Speaker 5: People would say, oh my gosh, I've seen you on
11:38
Speaker 5: breaking But that gives you a sense of like, really.
11:42
Speaker 4: The people don't say that about CNN.
11:45
Speaker 6: Probably not, probably not, probably not.
11:51
Speaker 3: Dam Howard Lutnik guy can spin an amazing yard. He
11:54
Speaker 3: did this incredible story one time about it the first
11:56
Speaker 3: time he met Epstein, and he can really tell it.
12:00
Speaker 4: Good story.
12:01
Speaker 3: You imagine him at a dinner party today. And so
12:04
Speaker 3: he told this incredible story about the first time he
12:06
Speaker 3: met Epstein and he just had this visceral disgust at him.
12:10
Speaker 3: Never saw him, never, never wanted to see him ever again,
12:13
Speaker 3: cut him out of his life. So let's let's see
12:16
Speaker 3: where that ended up.
12:17
Speaker 10: Yeah, did you have a dinner in Epstein's New York
12:21
Speaker 10: City home in two thousand and eleven? No, So the
12:28
Speaker 10: information that suggests that there was a dinner with Woody
12:31
Speaker 10: Allen and Woody Allen's spouse at the Epstein residence, that's
12:34
Speaker 10: that's there's nothing to that, is that right?
12:38
Speaker 11: I actually don't know what you're referring to, there was Look,
12:42
Speaker 11: I looked through the millions of documents for my name,
12:46
Speaker 11: just like everybody else, and what I found was there
12:51
Speaker 11: was a document that says that I had a meeting
12:54
Speaker 11: with him on in May, I think for an hour
13:00
Speaker 11: for at five o'clock, not dinner or otherwise, for an
13:05
Speaker 11: hour at five o'clock.
13:06
Speaker 10: When you visited the private island. Did you see anything
13:11
Speaker 10: inappropriate during that visit?
13:15
Speaker 11: The only thing I saw with my wife and my
13:19
Speaker 11: children and the other couple and their children was staff
13:24
Speaker 11: who worked for mister Epstein on that island.
13:28
Speaker 10: And you realized that this visit took place after he
13:34
Speaker 10: had been convicted, right, I mean, you made a very
13:37
Speaker 10: big point of saying that you sensed that this was
13:41
Speaker 10: a bad person in two thousand and five, and then,
13:44
Speaker 10: of course in two thousand and eight he was convicted
13:48
Speaker 10: of soliciting prostitution of a minor, and yet you went
13:54
Speaker 10: and had this trip and other interactions.
13:57
Speaker 5: So it turns out Howard Lutnik claims cut off contacked.
14:00
Speaker 5: In two thousand and five, these emails are released, and
14:04
Speaker 5: lo and behold, there's a twenty twelve message showing that
14:07
Speaker 5: Howard Lutnik obviously visited the island for lunch.
14:11
Speaker 6: Ryan, that's a listen.
14:12
Speaker 5: He's Canter Fitzgerald, he's jet setting going all over the world.
14:17
Speaker 5: I don't know that he actually forgot about that one.
14:19
Speaker 3: I feel bad for these billionaires, you know, they're just
14:22
Speaker 3: getting busted for doing billionaire things. Look who hasn't been
14:26
Speaker 3: out on their yacht in the Caribbean and stopped in
14:29
Speaker 3: on Jeffrey Epstein's island for lunch and then forgotten about it. Now,
14:35
Speaker 3: in his defense, I will say, if you went to
14:38
Speaker 3: the island with your kids and your wife and you
14:42
Speaker 3: had lunch and like there's nothing, there's no partying.
14:44
Speaker 6: He actually was.
14:45
Speaker 5: You can see in the emails a lot of messages
14:47
Speaker 5: where Epstein is offering people to bring their families by
14:50
Speaker 5: when they're on vacation in the Caribbean.
14:52
Speaker 6: For whatever reason.
14:53
Speaker 5: Oftentimes Epstein wasn't there was You can see him organizing
14:56
Speaker 5: with his staff in these emails, obviously trying to ingratiate
14:59
Speaker 5: himself with them.
15:00
Speaker 4: Right.
15:00
Speaker 3: So I don't so I don't think that Howard but
15:04
Speaker 3: Nick participated in any of this bachanalia with children or
15:07
Speaker 3: whatever it's like. But still to like say, that in
15:11
Speaker 3: two thousand and five, this is his neighbor. By the
15:14
Speaker 3: way that you sensed he was total creep and then
15:20
Speaker 3: he gets convicted and then you bring your kids to
15:22
Speaker 3: the island for lunch.
15:25
Speaker 4: There's not I've never.
15:27
Speaker 3: Like yachted around the Caribbean, so I don't know how
15:29
Speaker 3: hard it is to find a lunch spot.
15:31
Speaker 4: Maybe maybe that's a real.
15:32
Speaker 3: Only place really, Yeah, everything else closed, or like half
15:36
Speaker 3: an hour to get a table.
15:37
Speaker 4: Yeah, Epstein's like, come on over Secondtail. It's one of
15:41
Speaker 4: the only places pizza God serving pizza.
15:43
Speaker 5: Yep Oh, Dark just picked up on that one. All right,
15:48
Speaker 5: let's say, let's let's put this quote from Jimmy Raskin
15:51
Speaker 5: up on the screen. He said yesterday that in the
15:55
Speaker 5: unredacted Epstein files, Donald Trump's name came up quote more
16:00
Speaker 5: than a million times, that is according to Axios. Now
16:04
Speaker 5: important to note a lot of what is in the
16:07
Speaker 5: DJ's Epstein files is from Trump's first presidency and subsequent years,
16:12
Speaker 5: meaning people were calling in tips about high profile politicians,
16:17
Speaker 5: including Donald Trump. So a lot of that is probably
16:20
Speaker 5: from unredacted unredacted tips. But there are plenty of mentions
16:25
Speaker 5: of Trump between Bannon and Epstein between and at one
16:30
Speaker 5: point there's all kinds of word stuff obviously, as people
16:32
Speaker 5: know already, but at one point they're talking about getting
16:36
Speaker 5: Bannon to kind of woo Kushner to the populist side.
16:40
Speaker 5: So there's conversations about policy, there's conversations about uh. I mean,
16:45
Speaker 5: there's conversations about Trump that predate even his administration. So
16:50
Speaker 5: it's not shocking. That number is actually not shocking to
16:53
Speaker 5: me at all.
16:54
Speaker 4: Right, I think that's right.
16:56
Speaker 3: I would I'd call this a kind of a misleading
16:58
Speaker 3: number in that sense, because if anybody sent an email
17:01
Speaker 3: or called that BI at any point, even after Epstein
17:04
Speaker 3: died and said, hey, I think Trump killed Epstein boom,
17:08
Speaker 3: that would like go into the files and like that
17:12
Speaker 3: doesn't actually tell us anything just some random person said that.
17:15
Speaker 4: Other than that random person's.
17:17
Speaker 3: Kind of being funny or like maybe they actually had
17:20
Speaker 3: some information.
17:20
Speaker 5: Yeah, And some of those tips, I mean, that's what's unfortunate.
17:22
Speaker 5: Some of those tips are probably legitimate. Some of them
17:26
Speaker 5: are clearly from mentally disturbed people, and that doesn't make
17:30
Speaker 5: them legitimate, but it does make them, you know, you
17:33
Speaker 5: take them with a grain of salt. When people are
17:35
Speaker 5: talking about all kinds of different strange stuff that's mixed
17:39
Speaker 5: up in this, and you can if you search the files,
17:42
Speaker 5: you will find that immediately. If you're spending like a
17:44
Speaker 5: half an hour, you'll see all kinds of tips like that.
17:46
Speaker 3: It doesn't you probably get it a lot of these
17:48
Speaker 3: two right, like just emails from the public, and you
17:51
Speaker 3: can tell oftentimes that this is a mentally ill person
17:53
Speaker 3: who's just who's making like wild allegations if out of context.
17:58
Speaker 3: Somebody screenshot of that was like, look with this, per
18:00
Speaker 3: look what this says. It's in FBI files, Like, well,
18:02
Speaker 3: we'll hold on a second, yep Like easy, now, Well,
18:07
Speaker 3: and there's a I'm defending Trump and Epstein.
18:11
Speaker 5: It was I think it was Tucker who was floating
18:12
Speaker 5: the theory that some of these tips are just getting
18:16
Speaker 5: mixed into the files. I mean, there's still three million
18:18
Speaker 5: files that haven't been released according to their own numbers.
18:20
Speaker 5: So are these tips being mixed in intentionally to just
18:25
Speaker 5: credit the entire bat Absolutely?
18:26
Speaker 3: Absolutely, Because what the FBI could have done is released
18:30
Speaker 3: them as unverified public allegations.
18:35
Speaker 4: Every single one could be called that.
18:37
Speaker 3: But because they redact everything that gives it any context,
18:41
Speaker 3: give it no additional context.
18:43
Speaker 4: You look at it like, Department of Justice says, wow, like.
18:48
Speaker 3: Yeah, you could also I think it is a deliberate
18:50
Speaker 3: misinformation strategy.
18:52
Speaker 5: Well, they're also keeping again like three million distance to themselves. Yes,
18:56
Speaker 5: it's dis but they're also keeping like three million to
18:59
Speaker 5: them So they could have just not released if they were.
19:02
Speaker 5: If they're planning to not release things, the thing that
19:04
Speaker 5: you would not release is the unvetted tips. Like, that's
19:08
Speaker 5: pretty obvious. Meanwhile, crazy story here. This is a five
19:11
Speaker 5: So local media in Ohio, this is their NBC affiliate
19:15
Speaker 5: in Columbus said convicted sex offender Jeffrey Epstein paid Ohio
19:19
Speaker 5: State University's head of gynecology quarterly payments of thousands of dollars.
19:24
Speaker 5: Department of Justice file show. So this is what local
19:27
Speaker 5: reporters found in the files. Mark Landon, a physician and
19:30
Speaker 5: professor at OSU in the chair of the obstinate I
19:33
Speaker 5: can ever pronounce that word obgi. N department received quarterly
19:37
Speaker 5: payments of thousands of dollars from Epstein in the early
19:39
Speaker 5: two thousands, records show.
19:40
Speaker 6: According to release files, land And received as much as
19:43
Speaker 6: twenty five thousand dollars. We're talking early.
19:45
Speaker 5: Two thousands, twenty five thousand dollars to two every few months.
19:49
Speaker 5: He told NBC four the payments were for quote consulting
19:53
Speaker 5: work and he had no knowledge of Epstein's crimes. Ryan Columbus, Ohio,
19:58
Speaker 5: Lex Wexner, Victoria's secret land.
20:01
Speaker 3: Yeah, and the story that we're about to tell you
20:03
Speaker 3: about the next segment is going to provide some useful
20:06
Speaker 3: context that Emily and I and Moz wrote. But for yes,
20:10
Speaker 3: for more contexts on the western part. As if you've
20:13
Speaker 3: been following along with our reporting, you know that and
20:16
Speaker 3: other people have done this reporting as well, that Jeffrey
20:20
Speaker 3: Epstein brought the CIA's around Contra Airline. The plane they
20:25
Speaker 3: were using the ship drugs and weapons and diamonds and everything.
20:29
Speaker 3: When in the heat, you know, when the heat was on,
20:32
Speaker 3: they needed laylo a little bit. Epstein moved the planes
20:36
Speaker 3: to Columbus, Ohio to be used by Wexner for his
20:39
Speaker 3: lingerie business. And that was this is in Columbus, Ohio.
20:45
Speaker 3: Wexner is like the dawn of Ohio State University. So
20:49
Speaker 3: it's not surprising that there would be links there. Now,
20:51
Speaker 3: what Landon says he did, He said, I was a
20:54
Speaker 3: paid consultant for the New York Strategy Group regarding potential
20:57
Speaker 3: biotech investments from two thousand and one to two thousand
21:01
Speaker 3: and five. I had no knowledge of any criminal activities.
21:03
Speaker 3: I find them reprehensible, and I feel terrible for Epstein's victims.
21:08
Speaker 3: That Epstein would have this guy on a consulting contract
21:13
Speaker 3: looking at biotech investments from two thousand and two thousand
21:16
Speaker 3: and five actually checks out fully and doesn't make what
21:21
Speaker 3: Epstein was doing any less creepy. It actually makes it
21:24
Speaker 3: much worse. But we'll talk about that in the next
21:28
Speaker 3: in the next segment.
21:29
Speaker 5: Well, and here's this New York Times in twenty nineteen
21:31
Speaker 5: reported Epstein. Many people probably are familiar with this quote.
21:34
Speaker 5: The wealthy financiers accused of sex trafficking had an unusual dream.
21:38
Speaker 5: He hoped to seed the human race with his DNA
21:40
Speaker 5: by impregnating women at his vast New Mexico ranch. Mister
21:44
Speaker 5: Epstein over the years, confided to scientists and others about
21:46
Speaker 5: his scheme. According to four people familiar with his thinking,
21:49
Speaker 5: although there's no evidence that it ever.
21:51
Speaker 6: Came to fruition. That's a hell of a line.
21:53
Speaker 5: Or you're saying the human race has not been seated
21:55
Speaker 5: with his DNA Elon.
21:58
Speaker 4: Musk isn't even original on that one.
22:00
Speaker 5: No, yeah, he's always just one step behind.
22:05
Speaker 4: He is, uh, do the Trump thing real quick and
22:09
Speaker 4: then and then move on. Yeah, let's say put up.
22:12
Speaker 4: This is interesting. A six.
22:14
Speaker 3: This is a heavily redacted document that appears to come
22:18
Speaker 3: from the Palm Beach Police Department. This is a guess,
22:23
Speaker 3: like we can't really tell because these jerks redact so much.
22:26
Speaker 3: Palm Beach Police Department is not a victim here, So
22:28
Speaker 3: on what grounds are you not letting us know whether
22:31
Speaker 3: or not this is from the Palm Beach because if
22:33
Speaker 3: it is from the Palm Beach Police Department, this is interesting.
22:37
Speaker 3: And if it is, they say at the end that
22:41
Speaker 3: Trump was somebody who called the Palm Beach Police after
22:44
Speaker 3: they started investigating Epstein and said I'm.
22:47
Speaker 4: Glad you got this guy.
22:48
Speaker 3: He was a creepy and that you should look into
22:51
Speaker 3: Glen because she's evil and even worse. But again, I
22:55
Speaker 3: don't know, is this Palm Beach Police? Is this credible?
22:59
Speaker 3: It like it's Palm Beach Police. But in this what
23:03
Speaker 3: I think is a deliberate effort to confuse all of
23:05
Speaker 3: us and make it impossible to grab onto anything. The
23:09
Speaker 3: DJ is not explaining. I'm actually will ask Rocan and
23:15
Speaker 3: Tom's Massy if they can actually look at this one
23:17
Speaker 3: privately or some other members.
23:18
Speaker 5: And so the actually the former police chief, his name
23:21
Speaker 5: is Michael Ryder. He told the Miami Harold that the
23:25
Speaker 5: call with Trump occurred in July of two thousand and six.
23:29
Speaker 6: So I think he's Julie K. Brown that.
23:30
Speaker 3: Yeah, so there is contemporaneous reporting to back up. That's
23:35
Speaker 3: that's why we wanted to put this on there, because
23:36
Speaker 3: it does appear to be credible.
23:38
Speaker 5: Yes, it's a very interesting bit of information, like what
23:42
Speaker 5: are you redacting the police chief there?
23:44
Speaker 6: So completely ridiculous for whoever it is.
23:46
Speaker 5: Yeah, let's move on to where eugenics block, which is
23:51
Speaker 5: also an Epstein block, because Epstein, as it turns out,
23:54
Speaker 5: we just covered this basically, it is very interested in eugenics. Ryan,
23:58
Speaker 5: you and mas Orite did this incredible report and I
24:04
Speaker 5: dropped in at the last minute and added like a
24:06
Speaker 5: hundred words. But this was fantastic reporting. You guys went
24:10
Speaker 5: back years and painted I think a really important piece
24:14
Speaker 5: of this overall picture.
24:16
Speaker 3: Yeah, team effort over a drop side though, Miles and
24:19
Speaker 3: I slapping our names on it. The it's it's hard
24:24
Speaker 3: to even explain what the heck is, what the heck
24:26
Speaker 3: this guy's doing here, because it's it's so far kind
24:30
Speaker 3: of advanced and advanced into like just like I keep
24:36
Speaker 3: using the word creepy, but there isn't really there isn't
24:40
Speaker 3: really a better one. This is somebody who was understood
24:45
Speaker 3: that he himself was not of the kind of brilliant
24:48
Speaker 3: mind that was going to understand and code break either
24:51
Speaker 3: DNA or bitcoin or things like that, but he was
24:55
Speaker 3: he understood it enough to understand who the people were
24:58
Speaker 3: and to be able to connect them and to and
25:01
Speaker 3: to finance them, and then to try to like I
25:04
Speaker 3: think here he talks about wanting to have cloned himself.
25:08
Speaker 6: Who among us?
25:09
Speaker 4: Who among us?
25:10
Speaker 3: And to do DNA experiments and like he and so
25:15
Speaker 3: the headline of the article refers to how he wanted
25:18
Speaker 3: to turn his new he built his new Mexico ranch,
25:21
Speaker 3: he said, to be this Manhattan project for basically kind
25:24
Speaker 3: of hacking the genome. Like so he wanted to connect
25:29
Speaker 3: n SA hackers. Yes to biology. That's why I say
25:34
Speaker 3: that in the last segment that this biotech research thing
25:37
Speaker 3: actually tracks like this is the kind of thing that
25:40
Speaker 3: he was into. He and he's arguing that once you
25:45
Speaker 3: get into the world of code, you know, now you're
25:48
Speaker 3: talking about math, and you actually can try to maybe
25:51
Speaker 3: somebody can answer some of these questions, that maybe you
25:53
Speaker 3: can get in there manipulate DNA and reshape humanity. And
26:00
Speaker 3: like he was trying to do nothing less than that,
26:02
Speaker 3: and had the resources and the connections to do it.
26:05
Speaker 3: It's like, you sound crazy even talking about it, but
26:09
Speaker 3: that's what it happened. We can put up the first
26:12
Speaker 3: element up here. It's from sorry that that's the headline
26:17
Speaker 3: of the story.
26:18
Speaker 4: You can put up the put up the next element.
26:19
Speaker 4: Read a little bit from it.
26:21
Speaker 3: Like many of his ultra wealthy peers, Jeffrey Epstein was
26:24
Speaker 3: fascinated by gene therapy and life extension technology. He once
26:28
Speaker 3: suggested to news anchor Katie Kurk, to her shock and disgust,
26:32
Speaker 3: that he even planned to clone himself. But his interest
26:35
Speaker 3: in genomics was more than a passing fancy. It was
26:38
Speaker 3: an enduring obsession during the final decades of his life.
26:41
Speaker 3: And that's the key point is that he's not alone
26:44
Speaker 3: at all, Like there's something about this and you've got
26:47
Speaker 3: you guys have seen it. You see it from Peter
26:49
Speaker 3: Teel and all these other brain transhumanists, Like he was
26:54
Speaker 3: way ahead of it, Like he was a pioneer in
26:57
Speaker 3: creating this space that the Teals and the Johnson's have
27:01
Speaker 3: kind of moved into toay and they're really making this
27:06
Speaker 3: their obsession that they're going to live forever. Tim Dillon
27:09
Speaker 3: has had a good couple bits on that, like why, Yeah,
27:13
Speaker 3: your life, you want this life to go on? Don't
27:15
Speaker 3: seem happy? Yeah, what are you doing? You want to
27:19
Speaker 3: do the next Yeah.
27:20
Speaker 6: Let's move on to the next element here, I'll read
27:22
Speaker 6: from this. This is from the drop site story.
27:25
Speaker 5: In December two thousand and six, before Epstein was jailed
27:27
Speaker 5: for prostitution of a minor and Palm Beach, Glen Maxwell
27:30
Speaker 5: invited who Google co founder Serge Brand and his then
27:33
Speaker 5: girlfriend Annimal Jicky to Epstein's Little Saint James Island, according
27:36
Speaker 5: to emails and Epstein's hacked Yahoo inbox about it and
27:39
Speaker 5: published by a distributed denial of secrets, where Jiki had
27:42
Speaker 5: founded a personal genomics startup called twenty three and Meter.
27:46
Speaker 5: You may have heard of that, and Maxwell encouraged Epstein
27:48
Speaker 5: to cultivate a relationship with her.
27:50
Speaker 6: Be v nice to her, not stupid.
27:53
Speaker 5: Maxwell wrote, She's interested in matvy, DNA, et ceter.
27:57
Speaker 6: She is key, smiley face, she is key.
28:01
Speaker 3: I mean it is interesting that her, his sort of
28:04
Speaker 3: girlfriend best friend, has to remind him.
28:09
Speaker 4: Look, we know that you're a disgusting.
28:12
Speaker 6: Creature, so real a little bit.
28:15
Speaker 3: Try not to be a disgusting creature around this particular woman,
28:19
Speaker 3: because you need her for your other disgusting venture, which
28:22
Speaker 3: is this hacking of the world's DNA.
28:26
Speaker 6: She was so lucky to have everyone in his side
28:28
Speaker 6: like that. Yeah, everyone needs a gallaine.
28:31
Speaker 4: You can put up the next element here.
28:33
Speaker 3: Epstein's interest in gene editing was not purely intellectual.
28:38
Speaker 4: It was personal.
28:39
Speaker 3: Joe Thikoria, Church's Harvard Medical School colleague, helped Epstein conduct
28:44
Speaker 3: research on his own genome. In June twenty fourteen, The
28:47
Speaker 3: Corea sent Epstein one hundred ninety three four hundred dollars
28:50
Speaker 3: invoice for a package deal to mutate his adult stem
28:54
Speaker 3: cells quote to increase longevity. Noting the quote, if we
28:58
Speaker 3: do this, he liked, George would be one of very
29:01
Speaker 3: few people in the world to have this done.
29:03
Speaker 4: Unquote.
29:03
Speaker 3: Later that year, Epstein tried to arrange a meeting between
29:06
Speaker 3: Church and Bill Gates to discuss quote anti aging and
29:09
Speaker 3: genetic fabrications. This is twenty fourteen. This is when this
29:14
Speaker 3: is Brian Johnson's what in middle school? No he Jeffrey
29:19
Speaker 3: Epstein walk Now.
29:20
Speaker 6: He's going to be middle school in about twenty years.
29:22
Speaker 4: Rian Johnson could do whatever it is he's doing.
29:24
Speaker 5: Yeah, well, yeah, I mean you just see the levels
29:26
Speaker 5: of people who are being wrapped into this big picture scheme.
29:30
Speaker 5: And also to go to the links of having this
29:33
Speaker 5: sprawling New Mexico ranch where you can work on these
29:37
Speaker 5: things like it's a Manhattan project.
29:39
Speaker 6: Is you can see it.
29:41
Speaker 5: And that's why I think your story is so important.
29:42
Speaker 5: You can see how important this was to Epstein's broader
29:45
Speaker 5: project of wrapping up powerful people together. We can put
29:49
Speaker 5: the next one up on the screen. Another thing here
29:51
Speaker 5: from the report, where you guys say the files released
29:56
Speaker 5: by the DOJ and Oversight Committee have shown Epstein deeply
29:58
Speaker 5: preoccupied with theories of racial genetic superiority, and an anonymous essay
30:02
Speaker 5: recovered from Epstein's files tyled Africa parasites intelligence.
30:05
Speaker 6: The writer used that for.
30:06
Speaker 5: Africa the environmental factors parasites, disease known to exert a
30:10
Speaker 5: strong negative effect on intelligence. Quote and what is special
30:14
Speaker 5: about Jewish intelligence, the author asked, surely, it is that
30:17
Speaker 5: it emerged a mercantile settings, natural home of numbers, logic,
30:20
Speaker 5: and mathematics. You guys go and write calculations about the
30:24
Speaker 5: long term viability of the Israeli state and anxieties about
30:26
Speaker 5: the demographics of a Jewish people formed a backdrop to
30:28
Speaker 5: Epstein and Barack Ahud Barack's engagement with Vladimir Putin. In
30:33
Speaker 5: the last years of Epstein's life, Aho Barocks shared grave
30:36
Speaker 5: concerns with Epstein about Israel's looming demographic crisis. During a
30:40
Speaker 5: dinner at Epstein's New York mansion in February twenty thirteen,
30:42
Speaker 5: Barock told former Obama economic advisor Larry Summers that Israel
30:46
Speaker 5: needed to solve needs to solve its Jewish population shortage
30:49
Speaker 5: quote before it's too late and stop the quote slippery
30:51
Speaker 5: slope to a one state nation with an Arab majority.
30:56
Speaker 3: And so yeah, So there you can see how Epstein's
30:58
Speaker 3: kind of eugenics and and supremacy you know flow are
31:04
Speaker 3: held and are shared by his good friends. So he
31:06
Speaker 3: who Barock, former Prime Minister of Israel, that that's in
31:09
Speaker 3: that three and a half hour conversation that that was
31:15
Speaker 3: released by the Department of Justice. And Barack makes this
31:18
Speaker 3: argument that right now it's too difficult for you to
31:23
Speaker 3: convert to Judaism and then become an Israeli citizens. So
31:26
Speaker 3: what they need to do is take control from the
31:30
Speaker 3: rabbinical institutions that currently guide it and make it more
31:34
Speaker 3: liberal so that you can then get a bunch of
31:37
Speaker 3: Russians who are not Jewish but would rather he says,
31:42
Speaker 3: like they'd rather be Jewish.
31:43
Speaker 4: Than Russian or something like that.
31:45
Speaker 3: That's a silly line that so you can leave Russia,
31:50
Speaker 3: come to Israel, convert to Judaism and then that's that's
31:57
Speaker 3: his counterweight to the Arab population. And he complains that
32:02
Speaker 3: the early Zionist settlers had to rely on what you know,
32:06
Speaker 3: the undesirable brown miss Rahi and Ethiopian other other Jews
32:12
Speaker 3: from Africa in the Middle East, who well Jewish, so
32:18
Speaker 3: like the Jewish state had to take them in. But
32:20
Speaker 3: Barak is saying that's that's that was deeply unfortunate. The
32:24
Speaker 3: Misrahi bigotry in Israel is that there's this undercurrent of it.
32:29
Speaker 3: It's not discussed a lot, but there is a lot
32:33
Speaker 3: of miss Rahi Jews in Israel complain about being treated
32:36
Speaker 3: as as second class citizens there. And this shows that Barak,
32:42
Speaker 3: who is considered to be like on the left of
32:44
Speaker 3: the Israeli political spectrum, like completely holds that bigoted view
32:49
Speaker 3: that they would rather have non Jews from Russia who
32:53
Speaker 3: are white. But wait till he learns it, like, lots
32:57
Speaker 3: of Russians are pretty brown. Maybe it's gonna make sure
33:00
Speaker 3: they're like from the western part of Russia.
33:03
Speaker 6: The entire state of Israel is supposed to be in
33:07
Speaker 6: theory and anti eugenics Bulwark.
33:11
Speaker 3: It's yes, every accusation is a confession. It's on and
33:15
Speaker 3: on and on all the way down.
33:16
Speaker 6: And Ryan finally take us to Ukraine here.
33:20
Speaker 4: And so yeah, so last one here.
33:22
Speaker 6: On our world tour of Epstein eugenics.
33:24
Speaker 3: Yeah, so put the last one up. In the final year,
33:27
Speaker 3: this will bring us to modern day. In the final
33:30
Speaker 3: year before his death, Epstein supported a biolab in Ukraine
33:33
Speaker 3: for the production of designer babies, led by Hacker Brian Bishop.
33:37
Speaker 3: On July twenty first, twenty eighteen, Epstein wrote to Bishop,
33:39
Speaker 3: I have no issue with investing. The problem is only
33:42
Speaker 3: if I am seen to lead now, because already at
33:46
Speaker 3: twenty eighteen, he's the heat is on him.
33:48
Speaker 4: At this point, Bishop.
33:49
Speaker 3: Wrote back, I have always envisioned there would be anonymity
33:52
Speaker 3: requirements about babies. Obviously we can't publicly identify who these
33:57
Speaker 3: are or their parents or benefactors. It would brand the
34:00
Speaker 3: child as essentially and sadly a freak for life in
34:03
Speaker 3: the media anyway. You know, Ukraine Biolabs well should make
34:09
Speaker 3: designer babies.
34:10
Speaker 5: And let us not forget a twenty thirteen email with
34:12
Speaker 5: a redacted sender to Epstein that says, quote, you offered
34:15
Speaker 5: to buy my baby six months into our relationship.
34:19
Speaker 3: Yeah, and none of this would be worth talking about
34:21
Speaker 3: if this guy wasn't operating at the very upper echelons
34:25
Speaker 3: of elite global society. That's what you hear everything we
34:28
Speaker 3: said for the last ten minutes, and you'd be like,
34:30
Speaker 3: all right, this is a toll crank and kook.
34:32
Speaker 6: Well I wish, yeah, I was gonna say.
34:35
Speaker 5: I mean, the reason that I got into some of
34:37
Speaker 5: these emails actually is because I was searching the DOJ
34:40
Speaker 5: library for NSA I was just typing in all the
34:43
Speaker 5: three letter agencies, and when I got to NSA, you
34:47
Speaker 5: see the former White House counsul Kathy Rummler is talking
34:51
Speaker 5: like there's a calendar invite for Kathy NSA Signal Intelligence.
34:55
Speaker 5: There's some like fairly open conversation that seems to imply
34:59
Speaker 5: Epstein is a way she's NSA or CIA affiliated. She
35:03
Speaker 5: brags to him about getting a CIA award from John Brennan,
35:08
Speaker 5: and so he's moving in intelligence circles. There's a former
35:11
Speaker 5: CBS News producer named Dan Dubno in these emails who
35:15
Speaker 5: Epstein meets in I think they formally meet in two
35:19
Speaker 5: thousand and nine or their relationship begins in two thousand
35:21
Speaker 5: and nine. You can see it in the emails. And
35:23
Speaker 5: Epstein asked him to connect him to NSSAY code breakers
35:27
Speaker 5: and Israeli hackers, and Dubno offers that up on a
35:32
Speaker 5: silver platters. He's kind of a technologist, but a CBS
35:35
Speaker 5: News producer I think a PBS producer as well. Emmy
35:38
Speaker 5: Award winner goes into yeah, it goes into technology and
35:43
Speaker 5: is openly trying to help Epstein in these emails get
35:48
Speaker 5: connected to people at NSA and.
35:50
Speaker 6: In Israeli hacker world.
35:52
Speaker 5: So the odds that Epstein had also boris Nicolelch who
35:55
Speaker 5: was working like a top Bill Gates advisor. This is
35:59
Speaker 5: like Bill Gates top scientific advisor is offering to help
36:05
Speaker 5: connect Epstein with NSA people. So the odds that he
36:09
Speaker 5: actually was in connection with n s A people, although.
36:14
Speaker 3: Yeah, but he needed help to get there, so he
36:16
Speaker 3: clearly wasn't working for them.
36:17
Speaker 5: But just just to say that, the odds that he
36:19
Speaker 5: actually ended up having access to some folks in these
36:22
Speaker 5: these spaces is high.
36:23
Speaker 3: And what and as you read the story, you'll see
36:25
Speaker 3: what his what his real key skill is he connects
36:30
Speaker 3: MIT Gates and the Russian you know, the skull Nick
36:35
Speaker 3: or Skullnolvic, whatever it's called. Basically the Russian MIT Russian
36:39
Speaker 3: tech incubator for this technology transfer project that was that
36:45
Speaker 3: was very influential and he's he's kind of key to that.
36:49
Speaker 3: So anyway, worth worth the read job numbers are out,
36:54
Speaker 3: We'll we'll talk about that later. One hundred and thirty
36:56
Speaker 3: thousand jobs, which is beating expectations, which is actually going
37:01
Speaker 3: to make Trump mad.
37:03
Speaker 4: We'll talk about why that is.
37:04
Speaker 5: Next much anticipated jobs report just out this morning and
37:11
Speaker 5: beating expectations. We can put this headline up on the
37:13
Speaker 5: screen from CNBC, which says US payrolls rose by one
37:16
Speaker 5: hundred and thirty thousand in January, more than expected, unemployment
37:19
Speaker 5: rate at four point three percent. Now quote more than
37:23
Speaker 5: expected in the headline is doing some work because it
37:26
Speaker 5: was the Trump administration explicitly trying to downplay the jobs
37:34
Speaker 5: report to temper expectations and making an argument for why
37:39
Speaker 5: people should temper their expectations about the job report just yesterday.
37:44
Speaker 5: So we have the Trump administration reacting, now this is
37:47
Speaker 5: going to be c one B guys to the jobs
37:50
Speaker 5: report by saying this is the Trump economy. New job
37:54
Speaker 5: growth surge in January, adding one hundred and thirty k
37:57
Speaker 5: total non farm jobs and one hundred and seventy two
37:59
Speaker 5: private sector job, shattering expectations once again. The unemployment rate
38:03
Speaker 5: fel Waiters Groop federal employment is now at its lowest
38:05
Speaker 5: level since nineteen sixty six. Okay, So before we get
38:09
Speaker 5: analysis from Ryan grim Let's roll Peter Navarro just yesterday
38:15
Speaker 5: responding to questions about what the administration expected to see
38:19
Speaker 5: from the job support when it was released today, the.
38:22
Speaker 12: Job supports coming to come out tomorrow. Yeah, we have
38:25
Speaker 12: to revise our expectations down significantly for what a monthly
38:30
Speaker 12: job number should look like. When we were letting in
38:33
Speaker 12: two million illegal aliens, it just they're coming in, come in.
38:37
Speaker 12: We had to produce two hundred thousand jobs a month
38:41
Speaker 12: for steady State. And by the way, all of the
38:43
Speaker 12: jobs that we were creating in Biden years, we're going
38:46
Speaker 12: to illegals. Americans were going to the unemployment lines. That's
38:50
Speaker 12: totally reversed, and now fifty thousand a month is going
38:54
Speaker 12: to be more like what we need. So Pall Street,
38:57
Speaker 12: when this stuff comes out, they can't they can't rain
38:59
Speaker 12: on that parade. They have to adjust for the fact
39:02
Speaker 12: that we're deporting millions of illegal that's a good point
39:05
Speaker 12: for job market.
39:06
Speaker 6: But it sounds like you're expecting a week number tomorrow. No,
39:10
Speaker 6: not expecting a weak number.
39:11
Speaker 12: I'm just saying that going forward, when we see a
39:15
Speaker 12: number under one hundred thousand, we don't wring our hands.
39:18
Speaker 12: We say, yeah, that's going to be steady State.
39:22
Speaker 5: Okay, So Ryan today, then they're now saying this is
39:27
Speaker 5: a great job support these expectations. This is the Trump economy.
39:30
Speaker 5: They're the ones who set those expectations. Interestingly enough, I think.
39:33
Speaker 3: They're going to regret saying this is the Trump economy.
39:36
Speaker 3: But at some point you just have to own it anyway.
39:39
Speaker 3: So digging digging into the numbers a little, a little
39:43
Speaker 3: bit more, there are some there are some other positive
39:45
Speaker 3: developments of Dean Baker flagging a few here. One of
39:49
Speaker 3: the best ones in here the number of people who
39:53
Speaker 3: are part time involuntary. In other words, they want more
39:59
Speaker 3: work and they can get fell by four hundred and fifty
40:02
Speaker 3: thousand people.
40:03
Speaker 4: That's great, that's great. Yea.
40:05
Speaker 3: That means people who are part time have been able
40:07
Speaker 3: to get more work, says The share of job quitters
40:11
Speaker 3: among the unemployed rose to thirteen points percent. You want
40:15
Speaker 3: you want the unemployed to be people who quit their
40:18
Speaker 3: jobs rather than people who got fired, like as for
40:21
Speaker 3: somebody who wants to support workers, like you want people
40:25
Speaker 3: to feel the confidence in an economy to be able
40:27
Speaker 3: to quit and then find a new job. So the
40:29
Speaker 3: fact that it rose slightly to thirteen point seven percent,
40:32
Speaker 3: it's not high. That means like eighty plus percent. You know,
40:36
Speaker 3: we're forced into joblessness, but to see that number go
40:39
Speaker 3: up is good. And people holding multiple jobs. That number
40:45
Speaker 3: fell back a little bit. So all those are all
40:46
Speaker 3: good things. The negative, I would say is that eighty
40:51
Speaker 3: six thousand of the jobs, which is two thirds of
40:55
Speaker 3: the gain, are and this is if the numbers are
40:58
Speaker 3: accurate and we can get all these revisions down the road,
41:01
Speaker 3: are in healthcare. And healthcare is a very interesting component
41:06
Speaker 3: of GDP. So my wife when she was going through treatment,
41:12
Speaker 3: like one of the chemo sessions was one hundred and
41:14
Speaker 3: seventeen thousand dollars' that's what they build the insurance. I
41:18
Speaker 3: don't want the insurance eventually one session paying one session.
41:21
Speaker 3: That's the antibodies and chemotherapy one day.
41:24
Speaker 4: That is a.
41:26
Speaker 3: Sign of a completely shattered economy. But to the GDP,
41:32
Speaker 3: if the insurance company paid that entire amount, GDP would
41:36
Speaker 3: reflect a growth of one hundred and seventeen thousand dollars.
41:39
Speaker 3: But it's like, wait a minute, really, I'm not so
41:42
Speaker 3: sure about that. That like not so sure that that's
41:47
Speaker 3: what we think of when we think of economic growth,
41:50
Speaker 3: and so we are in aging society. We're also to
41:53
Speaker 3: his point, you know, if we have deported several million people,
41:56
Speaker 3: we're mostly deporting people under forty and under thirty. So
42:00
Speaker 3: not only are we seeing declining birth rates and an
42:04
Speaker 3: aging population, our immigration policy would also tilt our numbers older,
42:10
Speaker 3: which is going to me and you know, more and
42:12
Speaker 3: more spending on healthcare.
42:14
Speaker 4: As we go month to month. And so my point is.
42:19
Speaker 3: That that's not really people's idea of a growing economy
42:23
Speaker 3: spending more money taking care of sicker older people.
42:27
Speaker 4: But it's good that there are more jobs.
42:32
Speaker 5: Yeah, obviously true, but Ryan, this also included the annual
42:37
Speaker 5: revisions to the.
42:40
Speaker 3: Other staff from Dean So and then over the last year,
42:43
Speaker 3: healthcare accounted for one and twenty two percent of job growth.
42:48
Speaker 3: So other than healthcare, that means where we have lost
42:52
Speaker 3: jobs over the last year. So if you're out there
42:55
Speaker 3: and you don't work in healthcare and you're like, wait
42:56
Speaker 3: a minute, jobs are booming, I don't know.
42:58
Speaker 4: That doesn't make sense to me.
43:00
Speaker 3: So well, jobs are actually down over the last year
43:03
Speaker 3: except for healthcare.
43:05
Speaker 6: Yeah.
43:06
Speaker 5: Well, and what the Trump administration is obviously trying to
43:08
Speaker 5: do with tariff policies, and Howard Lutnick, Commerce Secretary, was
43:11
Speaker 5: not just asked about yeah Epstein yesterday in front of
43:14
Speaker 5: the Preparations Committee, it was also getting questions about the
43:17
Speaker 5: administration's tariff policies, which came up for a vote in
43:20
Speaker 5: the House at the end of the day. We put
43:22
Speaker 5: C six up on the screen to skip ahead here
43:24
Speaker 5: because Mike Johnson tried to wrangle Republicans to block an
43:29
Speaker 5: effort that would allow for Congress to vote on.
43:34
Speaker 6: The tariff policies. It failed, spoiler, it failed.
43:39
Speaker 5: This is from earlier in the day quote Johnson says,
43:41
Speaker 5: it's full steam ahead on tariff vote.
43:43
Speaker 10: Ban.
43:43
Speaker 5: Well, three Republicans ended up voting with Democrats the Senate.
43:47
Speaker 5: I think it's been four Republicans in the Senate who
43:49
Speaker 5: have voted against the Trump administration's tariff policies. Now, this
43:52
Speaker 5: is not veto proof majority space, so there's no legislative,
43:56
Speaker 5: serious legislative will to overturn the Trump tariffs. But let's
44:02
Speaker 5: listen to Howard Lutnik answering questions. Just yesterday in front
44:06
Speaker 5: of the Appropriations Committee.
44:08
Speaker 8: C five, President Trump ran on lowering folks costs, and
44:12
Speaker 8: the cost of housing is not going down. We need
44:14
Speaker 8: to build millions more homes, and the home building boom
44:18
Speaker 8: we need is in part not happening because of tariffs
44:21
Speaker 8: on lumber. Drywall, kitchen cabinets, bathroom vanities. I think the
44:26
Speaker 8: homebuilders estimate they're raising the cost of a new home
44:28
Speaker 8: by more than seventeen thousand dollars. Would you support legislation
44:34
Speaker 8: to temporarily halt or provide for a tariff exemption process
44:39
Speaker 8: for specific tariffs on home building supplies.
44:45
Speaker 11: It's a broad, complex issue. If we want to make
44:48
Speaker 11: furniture in America, you have to protect furniture makers. That
44:53
Speaker 11: type of question is a very detailed and complex one
44:57
Speaker 11: and worthy of discussion, and I'm glad to sit with
44:59
Speaker 11: you in your to talk about it. What do we
45:01
Speaker 11: want to make in America and whatever we don't want
45:04
Speaker 11: to make in America we should try to do inexpensively
45:07
Speaker 11: to the extent we can.
45:09
Speaker 8: Well, thank you, I look forward to the conversation. My
45:12
Speaker 8: concern is that overwhelmingly the supply of things like softwood
45:16
Speaker 8: lumber from Canada and a wall board or gypsy board
45:19
Speaker 8: from Mexico are being constrained by tariffs. These are close
45:24
Speaker 8: allies that work with us through the USMCA framework. They've
45:28
Speaker 8: pushed back hard on the tariffs that are being imposed
45:31
Speaker 8: on their products that are exported into our market. Canada's
45:34
Speaker 8: the largest export market from most American states. I think
45:37
Speaker 8: at a time when there's very little we can actually
45:40
Speaker 8: do in the short term to reduce the cost of housing,
45:43
Speaker 8: this is something we might work together on.
45:45
Speaker 5: This is actually pretty interesting exchange because obviously the Trump
45:48
Speaker 5: administration's answer to that is they want to initiate a
45:51
Speaker 5: transition period that might be painful.
45:55
Speaker 3: But to what, We're going to grow more trees, Like
46:00
Speaker 3: I this is the the like brain dead part of
46:04
Speaker 3: it that kills me. It's like like tiffing maple syrup,
46:07
Speaker 3: Like what are we going to Like We're gonna have
46:09
Speaker 3: George just grow a bunch of like maple trees and
46:13
Speaker 3: start making maple syrup like Verman's doing what it can
46:16
Speaker 3: otherwise we're getting it from Canada. Same is true with lumber,
46:20
Speaker 3: Like you want to just go through like the Rockies
46:23
Speaker 3: and just chop down all the trees like and like
46:27
Speaker 3: like what's the like domestic wood alternative that he's trying
46:34
Speaker 3: to incubate here?
46:35
Speaker 5: What are they doing to to the other part of
46:37
Speaker 5: that is what are they doing to potentially nurture the
46:42
Speaker 5: domestic production of industry X, Y and Z, And is
46:47
Speaker 5: the method right?
46:48
Speaker 3: And if it's raw materials like wood, it's like do
46:51
Speaker 3: you either have it or we don't?
46:52
Speaker 6: And and if it's the.
46:53
Speaker 4: Rock grown bananas and like Seattle.
46:56
Speaker 5: Well and if we need it too, like and this
46:58
Speaker 5: is why, Yeah, like they eased what do they use tariffs?
47:01
Speaker 3: Yes, because it's like we have wayan coffee. Like that's it,
47:05
Speaker 3: Like we're not Yeah, Soccer said, there's like one guy
47:08
Speaker 3: in California who tried to go California grow coffee in
47:11
Speaker 3: California was terrible.
47:13
Speaker 6: Doesn't sound good.
47:13
Speaker 3: So it's like, what do you like stop Like we're
47:15
Speaker 3: not going to have a like continental US coffee industry.
47:20
Speaker 4: It's not going to happen.
47:21
Speaker 5: There's another broad economic indicator to bring in here, Holiday
47:24
Speaker 5: retail sales.
47:25
Speaker 6: This is C four, which should put this up on
47:28
Speaker 6: the screen.
47:29
Speaker 5: Actually kind of interesting holiday retail sales according to Lisa A. Brahma,
47:35
Speaker 5: which was were the highest consumer delinquencies since twenty seventeen.
47:41
Speaker 5: Those paints, she says, a bleak picture for lower income
47:43
Speaker 5: and younger Americans. So you have disappointing holiday retail shit
47:46
Speaker 5: sales and then highest consumer delinquencies since twenty seventeen, according
47:52
Speaker 5: to Commerce Apartment numbers that just came out, So again
47:57
Speaker 5: piece of the puzzle about where the economy really is
48:00
Speaker 5: the Trump world spin. This is from EJ and Tony,
48:04
Speaker 5: who was the Heritage guy plucked to run BLS and
48:08
Speaker 5: then was kind of kicked out of the administration. He says,
48:11
Speaker 5: the real story of today's jobs reports quote Trump was
48:14
Speaker 5: handed in economy that was losing private sector jobs and
48:16
Speaker 5: adding government payrolls. But he successfully flipped the script and
48:19
Speaker 5: one year later it's all private sector growth, well cutting
48:22
Speaker 5: government jobs. But Ryan, where they want private sector growth
48:26
Speaker 5: is the key question, and that's the question that comes
48:29
Speaker 5: to the table when Lutnik is talking to Chris Koons,
48:33
Speaker 5: because do they want private sector growth all in healthcare?
48:35
Speaker 6: Or do they want it in manufacturing?
48:37
Speaker 5: Do they want it in particular industries that they're trying
48:41
Speaker 5: to revitalize And what's their timetable for that right?
48:44
Speaker 3: And if you want to do that, why are you
48:45
Speaker 3: making the cost of their inputs go up?
48:49
Speaker 5: Yeah?
48:50
Speaker 3: Like I'm not against helping American manufacturers. I think it'd
48:54
Speaker 3: be great. They're hurting them, Like what do you do?
48:57
Speaker 6: Like, we'll say that's their I mean meatheads.
49:03
Speaker 5: The process disentangling the process too from the end goal,
49:08
Speaker 5: which actually I think almost all of us, Ryan, you,
49:12
Speaker 5: Crystal Sager, and I are all fairly protectionist on an
49:16
Speaker 5: ideological level. But so the end goal being separated from
49:21
Speaker 5: the process is important. In Trump's process has been wacky,
49:24
Speaker 5: to say the very least, to say the very least,
49:28
Speaker 5: so interesting numbers today interesting.
49:30
Speaker 4: Oh what I was saying.
49:31
Speaker 3: The reason Trump could be upset by this is that
49:34
Speaker 3: you're already seeing interest.
49:35
Speaker 4: Rates go up a little bit.
49:36
Speaker 6: This is a good point.
49:37
Speaker 4: Because the FED wants to the FED is let. The
49:42
Speaker 4: FED is expected by the markets to be less likely
49:45
Speaker 4: to reduce interest rates.
49:46
Speaker 3: You're already seeing ten year notes are up, thirty years
49:49
Speaker 3: up a little bit because they're saying, all the economy
49:52
Speaker 3: is actually pretty good, so we don't want to cut
49:55
Speaker 3: interest rates because the economy is good. And Trump's like,
49:58
Speaker 3: this is the greatest economy ever. You should well, those
50:01
Speaker 3: things are in conflict with dogmatic nor conventional understanding of
50:06
Speaker 3: how the economy is supposed to operate.
50:08
Speaker 5: Yeah, and just final point on all of this is
50:10
Speaker 5: you mentioned at the top of the show the Dario
50:14
Speaker 5: the Daria mode essay that was super viral, twenty thousand
50:19
Speaker 5: word essay and There's another one that's going superviral right
50:22
Speaker 5: now from a guy in AI called Matt Schumer. He
50:26
Speaker 5: just titled it something Big is happening. It's like it's
50:28
Speaker 5: linked everywhere. And Andrew Yang has a new post on
50:31
Speaker 5: his subset called the AI Meltdown. So this is the
50:34
Speaker 5: Trump administration that has been paddled to the metal on
50:37
Speaker 5: the AI boom and is now in the middle of
50:41
Speaker 5: a generational, by its own description, historic trade war. All
50:46
Speaker 5: of that is happening against the backdrop of a labor
50:51
Speaker 5: revolution that is accelerating literally by the day, and is
50:56
Speaker 5: going to accelerate to proportions. I don't think anybody fully
50:59
Speaker 5: yet under stands through the rest of the Trump administration.
51:02
Speaker 5: And so you have the trade war and the AI
51:04
Speaker 5: revolution happening at the same time that I don't think
51:08
Speaker 5: anybody is prepared for for, let alone this administration, and
51:11
Speaker 5: it's happening in the backdrop right now. Moving very quickly
51:14
Speaker 5: to the foreground, people are about to graduate from annual
51:18
Speaker 5: college graduations coming up in a few months, likely to
51:21
Speaker 5: see historic levels of unemployment among recent college graduates who
51:25
Speaker 5: are already seeing that