Latest / Drinkin‘ Bros Podcast / Fake News 543 - The Cost Of Houses Just Went Up
Transcript
- 0:00[SPEAKER_09]: Welcome to Drinking Throats.
- 0:09[SPEAKER_09]: Yeah, welcome drinkin' bro's fake news.
- 0:12[SPEAKER_09]: Everybody bringing you the realest fakey snooze of the week.
- 0:20[SPEAKER_09]: Boy, guys, I'm trying, I'm trying my best here.
- 0:24[SPEAKER_09]: Papa Bear is trying his best to try and stay positive on a daily basis.
- 0:31[SPEAKER_09]: Boy, he's getting tough, isn't it?
- 0:33[SPEAKER_09]: It's getting tough out there, man.
- 0:35[SPEAKER_09]: I don't know about you.
- 0:38[SPEAKER_09]: I mean, you've talked to some pretty high-o-people as well, and we're friends with a lot of these guys.
- 0:46[SPEAKER_09]: No one has an answer.
- 0:47[SPEAKER_09]: That's the most shocking thing that I have.
- 0:50[SPEAKER_09]: Like that I've encountered at least in these conversations is like, no one has a fucking answer of when this will end or how to fix any of these financial problems.
- 1:00[SPEAKER_09]: Um, and you called yesterday you were right before we even pulled up the odds on calcium.
- 1:07[SPEAKER_09]: Um, calcium, which is, what was it, 90s or 87% yesterday for those guys?
- 1:12[SPEAKER_09]: Yeah, I think so.
- 1:13[SPEAKER_09]: For the Fed to Hight to Hight to Hight to Hight to Hight to Hight, and you called it exactly.
- 1:17[SPEAKER_09]: It was a quarter.
- 1:18[SPEAKER_09]: quarter point.
- 1:19[SPEAKER_09]: So yeah, that's that's Trump's boy.
- 1:23[SPEAKER_09]: I thought me personally, things were going to change once Trump brought in his own hand-picked successor for Jerome Powell and
- 1:34[SPEAKER_09]: Now, this is the first rate hike we've had since 2023.
- 1:39[SPEAKER_09]: At a time when people are struggling, gas is high, first, it's going to affect the houses.
- 1:45[SPEAKER_09]: That's going to affect credit cards and cars and all that other shits.
- 1:49[SPEAKER_09]: Before we get into this top story, what did Trump post?
- 1:53[SPEAKER_07]: Trump said on true social, yesterday at 4.38 pm, interest rates in the United States should be 1% or less because we are the best credit in the world by far.
- 2:07[SPEAKER_07]: Our country is booming with new investment if we stop trading with every other country that we have a deficit with, which is most of them.
- 2:14[SPEAKER_07]: We would make at least $1.5 trillion a year.
- 2:17[SPEAKER_07]: The word deficit is nothing more than a fancy word for loss.
- 2:21[SPEAKER_07]: We are carrying almost every country in the world, and that cannot go on any longer.
- 2:26[SPEAKER_07]: Lower the interest rates for the United States of America and pass President Donald J. Trump.
- 2:30[SPEAKER_09]: Okay.
- 2:31[SPEAKER_09]: So he's not the first one to say this.
- 2:32[SPEAKER_09]: It was like a big financial guy in the sector.
- 2:35[SPEAKER_09]: One of the pump Leon and brother said this as well on his Twitter, and I love those guys, and they don't really miss to be honest with you.
- 2:42[SPEAKER_09]: What are your thoughts on that?
- 2:46[SPEAKER_06]: Can you put that statement up?
- 2:51[SPEAKER_06]: So I don't know what he means when he says interest rate should be 1% or less.
- 2:58[SPEAKER_06]: If interest rates went down to 1% then people would borrow a shitload of money.
- 3:05[SPEAKER_06]: Is that what we want right now or do we want a period of austerity?
- 3:09[SPEAKER_06]: You know what I mean?
- 3:12[SPEAKER_06]: Not just would, um, what would people, but the government.
- 3:15[SPEAKER_06]: Yeah, you reduce and look, man, look,
- 3:20[SPEAKER_06]: People have different opinions on this stuff.
- 3:22[SPEAKER_06]: Yes, for sure.
- 3:25[SPEAKER_06]: However, if you, the general wisdom is that unless there's a path to, unless there's an obvious path that the Fed board sees towards somewhere close to 2% inflation, they don't reduce rates.
- 3:50[SPEAKER_06]: trigger, I guess, for reducing rates.
- 3:53[SPEAKER_06]: Unless it's some kind of a emergency situation.
- 3:57[SPEAKER_06]: Now, the the curious thing is they reduce rates and was a September of 24 when inflation was still high to give Biden a boost.
- 4:10[SPEAKER_06]: But,
- 4:14[SPEAKER_06]: October of 25, inflation was zero.
- 4:17[SPEAKER_06]: Then it was 27, 27, 24, 24, and rates never substantially dropped during that period.
- 4:29[SPEAKER_06]: And then it went with the, with the war in Iran.
- 4:32[SPEAKER_06]: We call it whatever you want, but we're fucking bomb them.
- 4:34[SPEAKER_06]: When up to 3, 3, 3, 8, 4, 2, then and June, back down when all these promises of deals happen, 3, 5, and it's leveled out at 3, 4 for the last two months, we'll see what September does.
- 4:47[SPEAKER_06]: Right now, the TE forecast is it'll be 3, 4 again, in September, I think.
- 4:54[SPEAKER_06]: That's what I've read at least.
- 4:56[SPEAKER_06]: And that's the same projection they have for October unless something meaningful happens with energy prices.
- 5:04[SPEAKER_06]: What meaningful move is going to happen with energy prices?
- 5:07[SPEAKER_06]: I don't know.
- 5:09[SPEAKER_06]: I don't know what it could be at this point because unless there's some energy prices,
- 5:16[SPEAKER_06]: Resolution to the situation there and Iran, we got a fucking problem.
- 5:23[SPEAKER_06]: I don't know what to what degree any of this is true or how seriously we should take it, but I saw people posting shit about Texas fuel stations posting it, they were out of diesel.
- 5:42[SPEAKER_06]: That's not great.
- 5:43[SPEAKER_06]: Is it true?
- 5:44[SPEAKER_06]: I don't know if it's true or not.
- 5:46[SPEAKER_06]: I mean, I saw pictures of it.
- 5:49[SPEAKER_06]: That doesn't necessarily mean anything, but that would not be good.
- 5:55[SPEAKER_06]: Obviously, that would not be good.
- 5:59[SPEAKER_06]: So you got to wonder about that.
- 6:01[SPEAKER_06]: You've got to wonder about, is that a real picture Luke starting to erupt you?
- 6:07[SPEAKER_07]: Yeah, from what I can tell, it's real.
- 6:10[SPEAKER_07]: Um, and this is in Texas now that might be one station.
- 6:15[SPEAKER_07]: Yeah, I mean, it's probably just one station.
- 6:17[SPEAKER_07]: I can't it if it was a widespread thing.
- 6:19[SPEAKER_07]: I'm sure we'd know.
- 6:20[SPEAKER_09]: But it's Valero like they're a big, fucking set.
- 6:23[SPEAKER_09]: Like that was right down the street from our office in Texas.
- 6:25[SPEAKER_09]: So it's a big station.
- 6:27[SPEAKER_09]: It's not like a mom and pop store, right?
- 6:30[SPEAKER_09]: So I don't know.
- 6:34[SPEAKER_09]: I don't know.
- 6:36[SPEAKER_09]: I can tell you this, every single call that I have every single morning is about diesel prices shipping.
- 6:41[SPEAKER_09]: every single morning.
- 6:43[SPEAKER_09]: I'm going to read you with Anthony Pompleano said because I like the Pompleano brothers a lot.
- 6:48[SPEAKER_09]: I trust them.
- 6:50[SPEAKER_09]: He said this is what he said yesterday after the rate hike.
- 6:53[SPEAKER_09]: The Fed should not raise interest rates today.
- 6:55[SPEAKER_09]: There should be doing everything in their power to encourage productivity and growth.
- 7:00[SPEAKER_09]: We tried to cut government spending in balance the budget.
- 7:03[SPEAKER_09]: I like how we used the word tried there.
- 7:05[SPEAKER_09]: because we didn't, obviously, on either that didn't work.
- 7:09[SPEAKER_09]: The only option is to accelerate and try to grow our way out.
- 7:15[SPEAKER_09]: What does he mean by that exactly?
- 7:18[SPEAKER_06]: Um, I mean, this is what Besan's been saying.
- 7:20[SPEAKER_06]: He's kind of echoing that.
- 7:21[SPEAKER_06]: And it's that.
- 7:24[SPEAKER_06]: And somebody, it's interesting.
- 7:26[SPEAKER_06]: You pull that up and read it because Adam,
- 7:29[SPEAKER_06]: Adam, because there's two aims.
- 7:31[SPEAKER_06]: I don't know if it's Adam M or if he just really likes his own name, 2647 in the chat says with the expansion of the money supply from COVID is 2% inflation, a reasonable target.
- 7:40[SPEAKER_06]: That's a fair question to ask, actually.
- 7:47[SPEAKER_06]: There are people, best and included who think that we can grow our way out.
- 7:51[SPEAKER_06]: One way was Terrif Revenue.
- 7:56[SPEAKER_06]: I think we're going to collect half a trillion in Terrif Revenue.
- 7:59[SPEAKER_06]: One.
- 8:02[SPEAKER_06]: One way is to flip some of these trade deficits we have with other countries, Trump mentioned it.
- 8:10[SPEAKER_06]: I don't know if it's legitimately $1.5 trillion worth that we could flip.
- 8:15[SPEAKER_06]: Trump has the tendency to do this maximalist stuff where he talks about the total pool of it as and you do that, right?
- 8:24[SPEAKER_06]: Like so in marketing, you have some called your total addressable market or your
- 8:29[SPEAKER_06]: That's all the people that you could possibly talk to.
- 8:31[SPEAKER_06]: Now, elite company reaches maybe five to eight percent of them.
- 8:38[SPEAKER_06]: The market share, for example, of black rifle and starbucks and peats and the bigger companies that produce coffee like that is somewhere between six and eleven percent of the total market.
- 8:51[SPEAKER_06]: And these are fucking massive companies, right?
- 8:54[SPEAKER_06]: So, granted, we're talking about companies versus a country.
- 8:59[SPEAKER_06]: He's referring to $1.5 trillion, that doesn't exist, I don't think, I don't think that is accessible.
- 9:05[SPEAKER_06]: I think that's what is addressable, addressable, and accessible are not the same thing in marketing terms.
- 9:11[SPEAKER_06]: So that's the thinking that we can grow our way out of this stuff.
- 9:19[SPEAKER_06]: I don't know how you grow your way out.
- 9:24[SPEAKER_06]: with, and it's a good, the reason I brought out Adams point is because, do we need to set new indicators for interest rates?
- 9:31[SPEAKER_06]: Does it need to be two percentors?
- 9:33[SPEAKER_06]: It need to be two and a half now, right?
- 9:37[SPEAKER_06]: Because
- 9:40[SPEAKER_06]: If you look at your personal finances, for example, and you have ongoing stuff, when not personal finances, your business finances, and you have ongoing stuff, you got a little bit of debt, but you need to refinance debt, which is what bankrupt, corporate bankruptcies are almost always refinancing debt, and then they keep the same company, it doesn't really hurt them in any meaningful way that's refinanced debt in a different way.
- 10:02[SPEAKER_06]: And then one of the reasons you do that is to then launch another capital raise raise capital and then put it towards expansion of your company right because you see an opportunity to do that.
- 10:11[SPEAKER_06]: Maybe that's what they're thinking here, but I don't know.
- 10:17[SPEAKER_06]: This is very complicated.
- 10:21[SPEAKER_06]: And unless.
- 10:25[SPEAKER_06]: One way is to bring down spending.
- 10:26[SPEAKER_06]: Pop talked about it.
- 10:27[SPEAKER_06]: We tried.
- 10:27[SPEAKER_06]: Nobody seems interested in that.
- 10:29[SPEAKER_06]: No, nobody did the big new beautiful bill, which was bullshit.
- 10:33[SPEAKER_06]: In my opinion, there's a couple of decent things about it, but for the most part, yeah, it's a 10-year bill.
- 10:37[SPEAKER_06]: It's the problem.
- 10:38[SPEAKER_06]: In my opinion.
- 10:40[SPEAKER_06]: But how are we going to meaningfully grow our way out of this?
- 10:49[SPEAKER_06]: I haven't heard a plan on that.
- 10:52[SPEAKER_06]: I don't know how you do that at this point.
- 10:56[SPEAKER_06]: Like how do you outgrow the 28 or so percent inflation that we've had in just the last six or seven years?
- 11:05[SPEAKER_09]: That's a lot.
- 11:06[SPEAKER_09]: I know.
- 11:07[SPEAKER_09]: I know, and here's the biggest thing I'm struggling with personally.
- 11:12[SPEAKER_09]: With the economy in particular is with the prices being through the roof like they are for everything across the board.
- 11:19[SPEAKER_09]: Diesel, food, housing, fucking, everything.
- 11:25[SPEAKER_09]: How are we this resilient?
- 11:27[SPEAKER_09]: And how is the stock market doing well?
- 11:30[SPEAKER_09]: How has there not been a complete recession, a complete crash on all of this?
- 11:35[SPEAKER_09]: I understand trying to grow your way out because at this point, we're on month seven of this, I would have personally expected everything to crash.
- 11:44[SPEAKER_09]: And businesses to fold at this point.
- 11:49[SPEAKER_06]: A lot of investment, there's a lot of investment in our country.
- 11:55[SPEAKER_06]: There is a, we also have the Petra dollar.
- 11:59[SPEAKER_06]: The Petra dollar is a big deal.
- 12:03[SPEAKER_06]: It's,
- 12:05[SPEAKER_06]: the fact that a large portion of oil, revenue is traded in US dollars, one of the things it does is it spreads our, it's called risk breading in risk management, but it spreads our loss as across the entire globe to some degree.
- 12:24[SPEAKER_06]: and that's a good thing.
- 12:25[SPEAKER_06]: The stock market thing, I think, is kind of a red-haaring.
- 12:29[SPEAKER_06]: It's the stock market growth.
- 12:31[SPEAKER_06]: You can see it mirrored and capital raises.
- 12:33[SPEAKER_06]: It's all AI growth for the most part.
- 12:37[SPEAKER_06]: When is that going to hit ordinary consumers?
- 12:42[SPEAKER_06]: Because it's one thing for index funds and stuff like that to grow.
- 12:45[SPEAKER_06]: And that's not a bad thing, by the way.
- 12:47[SPEAKER_06]: If you're invested in the market and index funds, some of them are growing consistently at like a 7 to 10% clip right now.
- 12:55[SPEAKER_06]: And that's well ahead of inflation even when it fucking sucks to be honest.
- 12:58[SPEAKER_06]: So that's not bad over time, that's not bad.
- 13:01[SPEAKER_06]: The problem is, and we talked about this earlier in the week,
- 13:07[SPEAKER_06]: median home costs are up 274% over the last since 95, 274% and I think I've actually got it in the notes here, median income is up 157.
- 13:21[SPEAKER_06]: That's just housing costs.
- 13:23[SPEAKER_06]: That's not the rise of everything else.
- 13:27[SPEAKER_06]: We talk about the economy as if it's something out there that's doing well or doing poorly, but it's something that affects people every day.
- 13:35[SPEAKER_06]: And I think too much, no one gives a fuck about the messaging of the broader economy when they're struggling.
- 13:42[SPEAKER_06]: It's just not, that's not how it works.
- 13:44[SPEAKER_09]: Right.
- 13:46[SPEAKER_09]: And I feel the exact same way.
- 13:48[SPEAKER_09]: You can say whatever you want.
- 13:49[SPEAKER_09]: Try to put lipstick on this pig.
- 13:52[SPEAKER_09]: and change was happened at the pump.
- 13:53[SPEAKER_09]: I can promise you that.
- 13:55[SPEAKER_09]: Play, Kevin Worsh's statement here.
- 13:58[SPEAKER_03]: Yet from more than five years, inflation has been running above target.
- 14:04[SPEAKER_03]: So our predominant focus is on the price stability side of our mandate.
- 14:09[SPEAKER_03]: The plain fact is that inflation is too high and has been for too long.
- 14:17[SPEAKER_03]: This summer's inflation readings do not tell me that underlying trends have meaningfully improved.
- 14:23[SPEAKER_03]: Based on the most recent CPI and PPI data, the 12-month change in total PC prices, likely was around 3.6% in August.
- 14:34[SPEAKER_03]: Core PC and CPI prices running at about 3.2 and 2.4% respectively.
- 14:41[SPEAKER_03]: too many categories are still posting increases above 3% on both the six and 12 month basis.
- 14:50[SPEAKER_03]: I noted in Jackson Hole that overall commodity prices also bear watching.
- 14:56[SPEAKER_03]: And over the intermediting period, the prices of many of these key inputs have risen.
- 15:02[SPEAKER_03]: Since my first FOMC meeting as chairman in June, my colleagues and I have been unequivocal in our commitment to price stability.
- 15:12[SPEAKER_09]: All right, so he gets rid of drone Powell who then goes to the board.
- 15:18[SPEAKER_09]: I know Trump had posted something here on a believe it's, no, I was talking to a reporter in North Carolina.
- 15:25[SPEAKER_09]: That's where he's at doing a rally right now for midterm.
- 15:28[SPEAKER_09]: It says, I mean, I'm relying on Kevin, but he's got a very tough board.
- 15:32[SPEAKER_09]: Guess what?
- 15:32[SPEAKER_09]: The board voted unanimously.
- 15:34[SPEAKER_09]: If one guy held out and it was Powell cool and that was the one that flipped this vote,
- 15:43[SPEAKER_09]: So it's more than one guy at this point now the thing that I'm pissed off about personally if you want to put politics into this is How I had no problem cutting the rate right before the last midterms?
- 15:56[SPEAKER_09]: Now, they're going to raise the rates right before this midterms.
- 15:59[SPEAKER_09]: It's not great for Republicans or does it even matter at this point?
- 16:04[SPEAKER_09]: This story yesterday obviously Democrats had a fucking field day with right before the midterms and they're spike in the football rightfully so.
- 16:14[SPEAKER_09]: I get it.
- 16:14[SPEAKER_09]: I do the same fucking thing.
- 16:15[SPEAKER_09]: I think we did on this show.
- 16:17[SPEAKER_09]: When when on this ship was going on with Biden,
- 16:28[SPEAKER_09]: I'm not sure how much this is going to affect midterms right now.
- 16:33[SPEAKER_09]: There was a weird poll, it might have been cows here, somebody else that came out with the last night that just said, these gains aren't what you think they are on the blue side because of how crazy the fucking candidates are.
- 16:47[SPEAKER_09]: So I don't know anymore.
- 16:48[SPEAKER_09]: Yeah, I think there was, there's right there, this guy in the middle.
- 16:50[SPEAKER_06]: There were 17, like, socialist people that got that won primary areas where they didn't think they were going to win across the country.
- 16:59[SPEAKER_06]: I think it was 17.
- 17:00[SPEAKER_06]: Yeah, I don't know, I don't know how much it matters.
- 17:03[SPEAKER_06]: And there's some, yeah, you can play this if you want.
- 17:05[SPEAKER_09]: Yeah, I played this.
- 17:06[SPEAKER_09]: I'm not sure where this came from, but this was floating around last night.
- 17:11[SPEAKER_10]: do in fact see a 2026 Senate map if the polls underestimate Republicans by two to four points.
- 17:18[SPEAKER_10]: Well remember all that blue that was on the map before all that blue went bye bye see you later audio semigos cyanara those democratic chances and those democratic hopes
- 17:29[SPEAKER_10]: Down there into Lake Erie, look at this, now what we're dealing with if, in fact, the Paul's underestimate the Republicans is 53 Republicans' Senate seats compared to 47 Republicans' main.
- 17:43[SPEAKER_10]: That stays red.
- 17:44[SPEAKER_10]: How about a flip and Michigan?
- 17:45[SPEAKER_10]: We're a dual SIA, very neck and neck in the polls with Mike Rogers.
- 17:49[SPEAKER_10]: Ohio stays red, Iowa stays red, Alaska stays red.
- 17:54[SPEAKER_10]: Now, I will note,
- 17:57[SPEAKER_10]: I will know that even in this scenario, right, you still get a situation where North Carolina stays blue and Georgia stays blue.
- 18:06[SPEAKER_10]: But Texas goes red, see you later, a campaxing gets elected to the United States Senate, no James Taloreca.
- 18:13[SPEAKER_10]: So a very clear Republican win in the Senate, if the polls are under estimated Republicans like perhaps they did in 2020, like they did in 2016, so on, so forth.
- 18:23[SPEAKER_10]: And on the House side, what about this?
- 18:25[SPEAKER_10]: I'm on a house, by the way, getting a little schfizzi, I think I'm going to have to have a drink in a second.
- 18:29[SPEAKER_10]: If the polls undershot the Republicans by greater than 3 points, well that's what you need.
- 18:34[SPEAKER_10]: That's all you need for Republicans in order for them to actually probably hold on to the U.S. House of Representatives.
- 18:41[SPEAKER_10]: They would likely win 218 plus house seats.
- 18:45[SPEAKER_10]: And keep in mind, this polling are at
- 18:48[SPEAKER_10]: Absolutely has happened before.
- 18:50[SPEAKER_10]: Therefore, when we talk about the race being within the margin of her, the House of Representatives in the Democrats are favored, it is still within the margin of error that Republicans can win if we see polling misses like we have before.
- 19:02[SPEAKER_06]: Yeah, do you believe that?
- 19:04[SPEAKER_06]: Well, I mean, it's not a matter of belief or not.
- 19:06[SPEAKER_06]: We've seen the polling during the primary season.
- 19:09[SPEAKER_09]: Now, not just the polling on this, but if it's between that margin of error, let's say these polls are correct.
- 19:16[SPEAKER_09]: It's crazy as this guy is, who is that guy, by the way?
- 19:20[SPEAKER_09]: That's Harry Andon.
- 19:22[SPEAKER_09]: He's a CNN.
- 19:23[SPEAKER_09]: Oh, he's a CNN, really?
- 19:25[SPEAKER_09]: Yeah, shocking.
- 19:26[SPEAKER_09]: Okay, what are he saying?
- 19:29[SPEAKER_09]: It seems like fucking,
- 19:31[SPEAKER_09]: He's funny man.
- 19:33[SPEAKER_09]: He's funny man.
- 19:34[SPEAKER_06]: He's funny.
- 19:38[SPEAKER_06]: He's their version of Kornaki.
- 19:40[SPEAKER_06]: They're just like John Maddening, a electoral policy.
- 19:44[SPEAKER_09]: I like it.
- 19:45[SPEAKER_06]: But I actually agree with you.
- 19:46[SPEAKER_09]: I think it would be better if it was John Maddening.
- 19:48[SPEAKER_09]: Go back to the Senate map here.
- 19:50[SPEAKER_09]: Oh, if you can.
- 19:52[SPEAKER_09]: All right.
- 19:53[SPEAKER_09]: I actually agree with this.
- 19:54[SPEAKER_09]: I think Georgia stays blue.
- 19:55[SPEAKER_09]: I think awesome wins there.
- 19:57[SPEAKER_09]: North Carolina.
- 19:58[SPEAKER_09]: Yeah.
- 19:58[SPEAKER_09]: For whatever fucking reason we're here.
- 20:00[SPEAKER_09]: And Dan, you can speak more to this people fucking keep voting for this Roy Cooper guy over and over and over again.
- 20:06[SPEAKER_09]: And I can't figure it out.
- 20:07[SPEAKER_09]: Yeah, everything else is Republican except for him.
- 20:10[SPEAKER_06]: I don't know.
- 20:10[SPEAKER_06]: It's a good question, but he's going to win.
- 20:12[SPEAKER_06]: And so I think so too.
- 20:13[SPEAKER_06]: And to be honest, I mean, there's plenty of shit they do.
- 20:16[SPEAKER_06]: I don't like, but they're not the worst.
- 20:19[SPEAKER_09]: Awesome, it's a pretty moderate.
- 20:20[SPEAKER_06]: Yeah, I mean, there's no such thing as a moderate Democrat anymore, but as far as the how crazy they are, that's a, that's a, that's a fucking run of the middle Democrat these days.
- 20:30[SPEAKER_06]: He's not as socialist or anything, but, you know, I have to say that couched in the fact that Republicans are fucking useless as well, you know?
- 20:39[SPEAKER_06]: It is a matter of fact, they're worse than useless.
- 20:41[SPEAKER_06]: I would rather have an enemy than a friend who won't fight for me.
- 20:45[SPEAKER_09]: Right.
- 20:45[SPEAKER_09]: You would obviously never vote Democrat, right?
- 20:48[SPEAKER_06]: Um, no.
- 20:48[SPEAKER_06]: I wouldn't in a million years, but, um, but that's not the point.
- 20:52[SPEAKER_06]: So, uh, with it, it's interesting to see how close this is with how bad, um, the economy appears to be performing.
- 21:01[SPEAKER_06]: You know, it's interesting, um, median income is as high as it's ever been.
- 21:12[SPEAKER_06]: It's not bad, right?
- 21:13[SPEAKER_06]: Yeah.
- 21:14[SPEAKER_06]: There's some indicators.
- 21:16[SPEAKER_06]: And I don't know, we can dive into this.
- 21:19[SPEAKER_06]: Somebody in the chat mentioned how the petro-dollar's weakening and bricks is getting stronger.
- 21:25[SPEAKER_06]: There's some truth to that statement, although it's not structural.
- 21:29[SPEAKER_06]: It seems to be temporary.
- 21:31[SPEAKER_06]: I was reading about this the other day and I could explain kind of why.
- 21:34[SPEAKER_06]: But I don't know if it matters.
- 21:38[SPEAKER_06]: necessarily because voters don't know this shit the guy in the chat probably follows this I can't know what his name is get bad dudes.
- 21:44[SPEAKER_06]: He probably follows this and he's probably a part of one percent of people who even know that this shit is happening for sure that bricks has
- 21:55[SPEAKER_06]: bricks has increased its market share of global GDP by about 40% and the US has lost about 20% well let's call the US dollar the the petrid dollar has lost about 28% and that's true this this is through uh through transactions mostly the problem is for bricks is that means structurally
- 22:26[SPEAKER_06]: They have a massive liquidity trap.
- 22:28[SPEAKER_06]: The US has deep and transparent and legally predictable capital markets, which people are happy to invest in.
- 22:35[SPEAKER_06]: All the BRICS nations, all of them, are sanctioned in one place or another.
- 22:39[SPEAKER_06]: China, for example, has strict capital controls of moving money in and out of their currency.
- 22:45[SPEAKER_06]: Investors can't easily do it.
- 22:47[SPEAKER_06]: And it's been a big log jam for them.
- 22:49[SPEAKER_06]: Russia and India really like India fucked Russia hard.
- 22:53[SPEAKER_06]: It's good.
- 22:55[SPEAKER_06]: Uh, I hate to say rugpole because Indians use rugs as a primary means of transportation, but they pretty much rugpole russia are India bought a fuckload of russia's oil in rupees and now russia has a fuckload of rupees in Indian banks that they cannot convert because nobody fucking wants them.
- 23:11[SPEAKER_06]: So they basically have a bunch of pressure and Franks that nobody wants.
- 23:15[SPEAKER_06]: And then, um, the,
- 23:20[SPEAKER_06]: what do you call it?
- 23:21[SPEAKER_06]: The alternative to the world bank for bricks is the NDB or the new development bank is what they're calling it, and 60% of its holdings are its own borrowings in US dollars.
- 23:36[SPEAKER_06]: because that's where capital's cheap is still, even today, right?
- 23:40[SPEAKER_06]: So there's no way structurally for bricks to make any moves.
- 23:44[SPEAKER_06]: And one thing goes wrong for them.
- 23:46[SPEAKER_06]: They're sitting on a bunch of technical currency that's not super valuable on the global market.
- 23:52[SPEAKER_06]: And you can't move it around enough.
- 23:54[SPEAKER_06]: So it's kind of heading, and Iran is a big part of bricks to their economy was, and you can see how that's going now.
- 24:00[SPEAKER_06]: So it's kind of funneling down into a liquidity crisis.
- 24:04[SPEAKER_06]: for bricks and I don't know how they're going to manage their way out of it yet.
- 24:07[SPEAKER_06]: We'll see anything can happen on the global market, money's moving around a lot, but I don't know how that's going to go, but again, this isn't, it's promising for the petro dollar.
- 24:20[SPEAKER_06]: I think Pompos talking about it last week or two weeks, or maybe it was
- 24:25[SPEAKER_06]: a fucking camera that dude's name.
- 24:27[SPEAKER_06]: Tom Billew, maybe, was talking about it the other day.
- 24:32[SPEAKER_06]: But yeah, rug burn.
- 24:33[SPEAKER_06]: That's a good way to put it, sig.
- 24:34[SPEAKER_06]: Yeah, so who knows how it's going to turn out there?
- 24:38[SPEAKER_06]: But again, the average voter doesn't know anything about this.
- 24:41[SPEAKER_06]: The petro-dollar seems to be structurally safe and in a very like a 90% powerful position at the moment, because of the struggles with bricks, however,
- 24:50[SPEAKER_06]: The average voter doesn't know this.
- 24:52[SPEAKER_06]: They just know what's being reported in the media for the most part and what's in their fucking bank account.
- 24:56[SPEAKER_06]: They know that they're trying to sell a house in can't or they're trying to buy a house and the rates are fucking high.
- 25:02[SPEAKER_06]: Are the rates high or are they just normal again?
- 25:05[SPEAKER_06]: We talked about that earlier in the week two.
- 25:07[SPEAKER_06]: The rates throughout all of the 90s.
- 25:10[SPEAKER_06]: the best economic decade we think we've had in a long time for way higher it's the affordability not the rates right so you've got both going on right now I think we are hyper focused on rates right now.
- 25:22[SPEAKER_06]: I don't I don't it
- 25:24[SPEAKER_06]: The rates going up to a quarter point right now is not a meaningful thing to me.
- 25:29[SPEAKER_06]: What's meaningful is affordability.
- 25:31[SPEAKER_06]: And until they can solve this affordability thing in some meaningful way, then we're going to be in trouble.
- 25:35[SPEAKER_06]: When I say we, I mean the country, I don't care about Republicans and Democrats, necessarily.
- 25:41[SPEAKER_06]: But yeah, it's something I would like to hear from Worsh or Bessant is what are the conditions under which rates can be lowered?
- 25:53[SPEAKER_06]: is that even possible, or are we going to return to the normalized rates of the 90s and early 2000s?
- 26:01[SPEAKER_06]: And if that's the case, which may very well be, what is to be done about the gap between median income, which is up 157% since 95, and median home prices, which are up 274%.
- 26:13[SPEAKER_06]: That is, you're falling off a peak, you can't do that.
- 26:16[SPEAKER_06]: You can't increase people's investment in housing.
- 26:23[SPEAKER_06]: by 100% more than their median income.
- 26:28[SPEAKER_06]: Because you go from spending 25 or so percent on housing, dispending 35 plus percent on housing.
- 26:35[SPEAKER_06]: And that 10% matters me and it matters because that's your expendable income and that's what keeps an economy expanding and growing.
- 26:41[SPEAKER_06]: How are we going to grow our way out of this?
- 26:43[SPEAKER_06]: If American population can't spend money to grow the economy,
- 26:47[SPEAKER_06]: It's something that would love to hear somebody fucking address and I haven't yet.
- 26:51[SPEAKER_06]: I've heard the platitudes like, yeah, we're going to grow our way out.
- 26:54[SPEAKER_06]: We're going to tear off this, we're going to do that.
- 26:56[SPEAKER_06]: And maybe again, none of this shit matters because there's like five dudes in the chat here and maybe a hundred.
- 27:04[SPEAKER_06]: Maybe a couple of thousand people in the country who really even understand I'm not one of them by the way who actually understand this stuff and then a couple of ten thousand who are even paying attention to it.
- 27:14[SPEAKER_06]: The voters just care about what's fucking milk and beef and eggs and houses cost and gas, right?
- 27:20[SPEAKER_06]: That's what they care about because those are the best indicators for them.
- 27:24[SPEAKER_06]: And that makes sense, it's not that they're ignorant, it's that they're fucking living actual human lives.
- 27:29[SPEAKER_09]: Yes, and it's to your point, man, trying to explain this to people.
- 27:34[SPEAKER_09]: It's pointless, I say it is, I don't know.
- 27:37[SPEAKER_09]: Dand isn't no, I mean, it's really fucking difficult, and I don't know the answer to this.
- 27:42[SPEAKER_09]: What I do wish, so is that the messaging was better.
- 27:46[SPEAKER_06]: Explain the hard shit to us like we're fucking five years old explain it to people like you're explaining it to somebody who's a consumer and not somebody who's a fucking Who's going to take an exam next week on market economics because we don't give a fuck about that Exactly, but we don't we don't care And Look I'm gonna send you this commercial here
- 28:16[SPEAKER_09]: The thing that is shocking about the map we showed with the dude and the midterms thing and all that other stuff is
- 28:22[SPEAKER_09]: The only thing you can really run off of is a republic and right now it isn't the policies because people don't care to your point at all they just want fucking cheaper bread and food and everything else is hey this other side is fucking crazy there's this ad that is going around I'm going to DM it to you right now this is in our state this is in North Carolina and I see it every fucking 10 seconds is with the one with a yoga
- 28:54[SPEAKER_09]: And rewind it from the top here, please, and I just pressed pause real quick.
- 29:00[SPEAKER_09]: So the interesting part about this, and I've never seen this in my life, is there is a fucking disclaimer in this that says this is AI.
- 29:09[SPEAKER_09]: So I was like, oh, all right, well, that's new, but again, you're not running off of any positive policies other than the other side is fucking crazy.
- 29:19[SPEAKER_09]: And I think this lands with people.
- 29:21[SPEAKER_09]: Like, I don't think this woman wins because of shit like this.
- 29:25[SPEAKER_09]: Press play.
- 29:36[SPEAKER_05]: How bonkers is bickler?
- 29:38[SPEAKER_05]: Her campaign, supported by groups who defund the police, let criminals walk free, and give free health care to illegal.
- 29:46[SPEAKER_05]: No surprise she was recruited to run by socialists.
- 29:51[SPEAKER_05]: Some people leave left, but Jessica bickler, she's just bonkers.
- 29:57[SPEAKER_09]: hilarious commercial, it been showing this over and over and over again.
- 30:00[SPEAKER_09]: I don't know how many times I've seen this here.
- 30:02[SPEAKER_08]: Oh, dude, it's like before every YouTube video I watch.
- 30:05[SPEAKER_09]: Yeah, because of the geotargeting and now it's where we live and who are voting for and on this other shit, right?
- 30:10[SPEAKER_09]: But to that point, do people look at this and say, all right, I don't give a fuck how hard it is right now.
- 30:18[SPEAKER_09]: I just can't bring myself to vote for the other side.
- 30:21[SPEAKER_09]: This woman is running here in North Carolina, Charlotte.
- 30:25[SPEAKER_09]: has had very, very fucking bad issues in regards to the police and the judges letting these guys go and then they come back and fucking kill people at one moment on the train and Charlotte's.
- 30:38[SPEAKER_09]: That was here in North Carolina who got stabbed.
- 30:40[SPEAKER_09]: That guy should have been gone from the fucking
- 30:42[SPEAKER_09]: System all together and maybe this does work.
- 30:46[SPEAKER_09]: I don't know.
- 30:47[SPEAKER_09]: I really don't.
- 30:49[SPEAKER_09]: This is one of the most bizarre mid-term years of all time where it seems right now It could not get anywhere's for Republicans, but you're running against some of the craziest candidates of all time, so
- 31:04[SPEAKER_09]: Who fucking knows, dude?
- 31:05[SPEAKER_09]: That midterm night.
- 31:07[SPEAKER_09]: Buckle up, buy some drugs, if you can, or share some drugs, I don't do something with your community drug system there.
- 31:13[SPEAKER_09]: And smoke it, take it, whatever.
- 31:16[SPEAKER_09]: We're gonna watch this together.
- 31:18[SPEAKER_09]: I have a feeling we're all gonna be stunned together on some of this shit across the board, but what I would really like to see before the midterms happen here, just give me some way to go out and fucking talk.
- 31:32[SPEAKER_09]: a normal manner to five-year-olds.
- 31:35[SPEAKER_09]: What is going on with the economy, how we can fix it, how we're going to change it if you're the fucking Republicans.
- 31:39[SPEAKER_09]: Yeah.
- 31:40[SPEAKER_09]: God, damn it, man.
- 31:42[SPEAKER_09]: It's that simple.
- 31:43[SPEAKER_09]: A lot lied to me.
- 31:44[SPEAKER_09]: If you want, I don't fucking care.
- 31:46[SPEAKER_09]: Make it digestible.
- 31:48[SPEAKER_06]: Yeah, I mean, there's a lot of folks.
- 31:50[SPEAKER_06]: Somebody mentioned this in the chat right now.
- 31:51[SPEAKER_06]: I think he's being Glib, Silas Watts, which is an interesting name.
- 31:56[SPEAKER_06]: UBI by 2030 podlife by 2040.
- 31:59[SPEAKER_06]: There are a lot of people who are fatalistic about UBI.
- 32:05[SPEAKER_06]: I've heard that from a few people, man.
- 32:07[SPEAKER_06]: And I wonder, like, I wanna, this is a good debate.
- 32:13[SPEAKER_06]: I wanna put this out in the public because I'm curious what people think about this.
- 32:18[SPEAKER_06]: the idea of collecting tax revenue from citizens and then sending it back to stay at home mothers, which is the latest plan from guys.
- 32:26[SPEAKER_06]: Yeah, I know, Silas, he said it.
- 32:29[SPEAKER_06]: But there were other people, Bill Eau, I think, mentioned it as well, the other day.
- 32:32[SPEAKER_06]: Elon Musk brought it up.
- 32:35[SPEAKER_06]: Yeah, that's it.
- 32:35[SPEAKER_06]: What he said, Elon brought it up.
- 32:36[SPEAKER_06]: But there's a,
- 32:39[SPEAKER_06]: That whole thing about taxing people to give, like, well, three distribution is not something that most people want, right?
- 32:51[SPEAKER_06]: Not not, sorry, most conservative people.
- 32:53[SPEAKER_06]: They're a post-liberal conservative people who just like, we gotta get, it's time to get ours now, which is, I mean, come on.
- 33:00[SPEAKER_06]: But this is the rest of this conversation is pretty interesting to me because,
- 33:06[SPEAKER_06]: while taxing people 20 grand to pay them back nine is obviously untenable and stupid and unprincipled frankly, if you're a conservative person.
- 33:16[SPEAKER_06]: The idea of a community or city or state or country, getting a dividend revenue based on a natural resource exported by that country is pretty common, actually, it happens
- 33:36[SPEAKER_06]: Not a Native American, specifically, but born in Alaska, you get a oil dip at end.
- 33:41[SPEAKER_06]: That's the case throughout most of the Middle East and the countries that are high-functioning Bahrain, UAE, Kuwait, etc.
- 33:51[SPEAKER_06]: And nobody really considers that socialism, right?
- 33:55[SPEAKER_06]: And the difference, the line down the middle, the wall, separating these two things, seems to be,
- 34:01[SPEAKER_06]: Is this a shared natural resource that we have that's being exploited for wealth?
- 34:09[SPEAKER_06]: And I don't mean exploited in a negative sense, just exploited like you're pulling wealth out of the ground basically, but it's something that belongs to us all because it's our country.
- 34:21[SPEAKER_06]: Then a massive amount of revenue is generated off of it.
- 34:24[SPEAKER_06]: Some of that revenue is spread it around.
- 34:26[SPEAKER_06]: Is that socialism and all things?
- 34:27[SPEAKER_06]: So we've never really considered that to be socialism before.
- 34:30[SPEAKER_06]: So is data centers popping up all over the place and doing two things.
- 34:35[SPEAKER_06]: One,
- 34:36[SPEAKER_06]: uh... gobbling up some serious land and resources uh... the government is heavily invested in it as well right because we think that we need to win that race to secure the country that's a fair point to make two i think uh... but it also has some potential weather now or later to displace jobs and stuff like that and that's going to be taken into account as well
- 34:58[SPEAKER_06]: Trump floated, which he has no authority, we talked about this too, he has no authority to do this, but he floated like a $5,000 Trump dividend, of course he's got to put his fucking name on it.
- 35:08[SPEAKER_06]: But a Trump dividend, or let's just say a dividend from data centers in general, is that socialism?
- 35:16[SPEAKER_06]: Is it redistribution of wealth to capitalize on a nation?
- 35:21[SPEAKER_06]: Like, what are the reasons?
- 35:23[SPEAKER_06]: Our culture allowed us to do this.
- 35:25[SPEAKER_06]: We have the best culture in the history of the world.
- 35:27[SPEAKER_06]: There's no question about that.
- 35:29[SPEAKER_06]: And the most technological advancement in the human history has happened in this country in the last 75 years.
- 35:39[SPEAKER_06]: I think the country should benefit from that, should it not?
- 35:42[SPEAKER_06]: That makes a lot of sense to me for the country to benefit too.
- 35:45[SPEAKER_06]: I think it should be done carefully.
- 35:47[SPEAKER_06]: And you could call it UBI, I guess.
- 35:51[SPEAKER_06]: Maybe that's UBI.
- 35:52[SPEAKER_06]: But we've never referred to the oil dividends in Kuwait or Bahrain or even Alaska as UBI before.
- 35:58[SPEAKER_06]: it's a dividend.
- 35:59[SPEAKER_06]: So I think people have this idea about UBI that it just replaces all income and that's what you get.
- 36:05[SPEAKER_06]: Everybody just gets the same thing and you move on with your life.
- 36:08[SPEAKER_06]: But if it's, and then I'm asking this as a question because I'm very curious about this.
- 36:13[SPEAKER_06]: Is it okay to you people?
- 36:16[SPEAKER_06]: And I don't just mean the black ones, all of you.
- 36:19[SPEAKER_06]: Is it okay to you?
- 36:20[SPEAKER_06]: Is it okay to you to essentially a corporate tax, but it's not corporate per se, because this is a duopoly.
- 36:29[SPEAKER_06]: There's two major companies that are doing this stuff.
- 36:32[SPEAKER_06]: Is it okay for you that there's gonna be some monthly dividend coming to you from the resource that our culture is collectively produced?
- 36:42[SPEAKER_06]: Or do you think that's in a front and that the individuals who funded, founded, created all this stuff should be the only ones who benefit from it?
- 36:50[SPEAKER_06]: That's a, I think that's an interesting question.
- 36:53[SPEAKER_06]: I would love to hear what you guys think about it.
- 36:55[SPEAKER_09]: Yeah, I'll read a couple of guys from the chat here.
- 36:57[SPEAKER_09]: First of all, Kurt Cougar made a shotgun greatest username of all time, by the way.
- 37:02[SPEAKER_09]: It's saying, hey, dummy here, what does UBI, universal basic income is what it stands for.
- 37:08[SPEAKER_09]: Second of all, your, your boy Adam.
- 37:11[SPEAKER_09]: Maybe the second MS silence, or somebody took Adam 206.47 says inflationary to give 5,000 out won't help affordability long term.
- 37:21[SPEAKER_08]: That's what I said last Thursday on fake news.
- 37:23[SPEAKER_08]: That's why I think that's ridiculous.
- 37:24[SPEAKER_09]: It would cost 1.5 trillion dollars.
- 37:27[SPEAKER_06]: It would take 1,4 to do it 1,7 to fund it.
- 37:32[SPEAKER_09]: Right, which I think is ridiculous.
- 37:34[SPEAKER_09]: Now, to your point, I think.
- 37:38[SPEAKER_09]: people could get behind it.
- 37:40[SPEAKER_09]: If you're putting up natural resources and things that we actually own, right?
- 37:43[SPEAKER_09]: This is a free fucking check.
- 37:45[SPEAKER_09]: Well, if you got all the legal's out of the fucking country.
- 37:48[SPEAKER_06]: Yeah, I mean, new that it was Americans.
- 37:50[SPEAKER_06]: That's a big part of it too.
- 37:51[SPEAKER_06]: I agree with that.
- 37:53[SPEAKER_06]: Adam mentioned as well, Norway.
- 37:55[SPEAKER_06]: So Norway doesn't do a dividend the way that Alaska, they call it a permanent fund dividend.
- 38:04[SPEAKER_06]: Alaska and some of the Middle Eastern countries do.
- 38:09[SPEAKER_06]: They have the largest sovereign wealth fund in the world.
- 38:12[SPEAKER_06]: I think it's right around $2 trillion.
- 38:15[SPEAKER_06]: $2.2.
- 38:16[SPEAKER_06]: There it is.
- 38:17[SPEAKER_06]: It's a $2.2 trillion now.
- 38:20[SPEAKER_06]: And they use the dividend from it to pay for government.
- 38:26[SPEAKER_06]: Like in a large way, it basically indirectly subsidizes the cost of living through public services and shit like that.
- 38:36[SPEAKER_06]: That's an interesting idea, too.
- 38:38[SPEAKER_06]: So would you, and adds an extra wrinkle to this idea?
- 38:45[SPEAKER_06]: Would you be more in favor of getting a cash, like a check in your account every month, or not having to pay for anything that about government?
- 38:57[SPEAKER_06]: Because, like, let's say,
- 39:05[SPEAKER_06]: the data center revenue and this is Trump's plan, by the way, $5,000 to everybody, $1.4 trillion.
- 39:12[SPEAKER_06]: Okay.
- 39:13[SPEAKER_06]: What would mean more to us?
- 39:16[SPEAKER_06]: One point forward, and this is based on data center revenue, not on just inflationary spending or in a stupid bullshit?
- 39:25[SPEAKER_06]: What would mean more to the
- 39:35[SPEAKER_06]: The two biggest expenditures we have are off the table now because the data center revenues pay in for it versus you getting a check every month and deciding how you want to spend it.
- 39:45[SPEAKER_06]: Still getting taxed by the way the same rate because they're not going to they're not going to cut spending.
- 39:49[SPEAKER_06]: This is the problem.
- 39:50[SPEAKER_06]: I think it's maybe there's some point if we crash that they have to stop spending.
- 39:56[SPEAKER_06]: But that'll be the
- 40:05[SPEAKER_06]: The only thing I'm blackpilled about is I don't think they'll ever cut spending.
- 40:09[SPEAKER_06]: So if data centers and instead of using the revenue for data centers to pay people a lot of dividend, what if it just funded the government?
- 40:17[SPEAKER_06]: But then what kind of control does that give to home and whatever the fuck, right?
- 40:21[SPEAKER_06]: I don't know.
- 40:21[SPEAKER_09]: That's exactly where my mind goes and I look at Minnesota.
- 40:26[SPEAKER_09]: I always look at Minnesota with this, this fraud and this fucking bullshit with these illegal's, constantly getting money, constantly defrauding our fucking government over and over again.
- 40:37[SPEAKER_09]: God knows how many other states are doing and we know California is through the fucking roof.
- 40:42[SPEAKER_09]: They need these voters too bad.
- 40:45[SPEAKER_09]: These fucking illegals to come in and vote for them are they are fucked.
- 40:47[SPEAKER_09]: And then they put them on the government hit, they give them free money, they give them free phones, free fucking places to live, all this other shit.
- 40:55[SPEAKER_09]: You would have to clear out all those motherfuckers out of the country to get everybody to buy in that America is great.
- 41:03[SPEAKER_09]: And there's too many fucking people on the left and has signed pikers and all these other guys saying, this is the worst country in the fucking world.
- 41:10[SPEAKER_06]: I'm starting to think, and I'm not even, I'm only half tongue and cheek about this.
- 41:18[SPEAKER_06]: I'm starting to think that piker and some of these other people are Republicans.
- 41:23[SPEAKER_06]: And they're science?
- 41:25[SPEAKER_06]: Yes.
- 41:28[SPEAKER_06]: Something weird is going on.
- 41:35[SPEAKER_09]: I always think of the same thing.
- 41:37[SPEAKER_09]: I hate to be a conspiracy guy.
- 41:38[SPEAKER_09]: Look at this.
- 41:39[SPEAKER_09]: I can't say this much fucking crazy shit.
- 41:41[SPEAKER_06]: Look at how like the, um, and break through with all these people.
- 41:46[SPEAKER_06]: Look at how everything's kind of going the wars fairly unpopular.
- 41:51[SPEAKER_06]: Trump is just trying to rename stuff America to make up for it.
- 41:56[SPEAKER_06]: And there's no, there's, there doesn't seem to be any,
- 42:02[SPEAKER_06]: move in at least in the last three or four months for the economy doing this or doing that, like improving rapidly, which is something that would happen if the arranging out wrapped up at the end of the minute will do it, right?
- 42:16[SPEAKER_06]: It's the only, like the end of the minute will do it.
- 42:19[SPEAKER_06]: you would think that Republicans would be in a really bad position right now.
- 42:21[SPEAKER_06]: And the only thing that's saving them, it seems, are all these fucking lunatics.
- 42:26[SPEAKER_06]: And the same way that abortion saved Democrats from this, that fucking fake red wave that was supposed to happen.
- 42:31[SPEAKER_06]: Right, right?
- 42:33[SPEAKER_06]: I don't know.
- 42:34[SPEAKER_09]: That's, it's very bizarre.
- 42:36[SPEAKER_09]: And like, let's take us, for example, I'll use the same conspiracy here.
- 42:39[SPEAKER_09]: Every, I mean, look, YouTube hates our fucking channel.
- 42:44[SPEAKER_09]: worse and worse and worse over the years.
- 42:46[SPEAKER_09]: There's 12 different blocks on it.
- 42:47[SPEAKER_09]: We had to pay for this.
- 42:48[SPEAKER_09]: You guys know this story.
- 42:49[SPEAKER_09]: Look at that numbers in the bottom of the show.
- 42:52[SPEAKER_09]: 282, 282 people out of 300,000 subscribers.
- 42:55[SPEAKER_09]: Every time before a midterm election or a general election, the numbers plummet.
- 43:01[SPEAKER_09]: Absolutely fucking plummet.
- 43:02[SPEAKER_09]: They don't want to hear any of this fucking shit.
- 43:04[SPEAKER_06]: How many times?
- 43:04[SPEAKER_06]: Let me actually this.
- 43:06[SPEAKER_06]: How many times you've been subscribed to a YouTube channel or
- 43:13[SPEAKER_06]: And then we get like 200 unsubscribes in a month.
- 43:16[SPEAKER_06]: What?
- 43:17[SPEAKER_06]: Yeah, I mean, it's just not like a typical behavior.
- 43:20[SPEAKER_06]: It may be if they were cleaning out accounts and deleting weirdos or something like that.
- 43:24[SPEAKER_06]: But people generally forget about, because you only see our visibility, and this is a YouTube, it's just like 75,000 hours of video or uploaded to YouTube every day.
- 43:36[SPEAKER_06]: So it's a constant competition on
- 43:40[SPEAKER_06]: social media sites, even to your own followers, you'll get served somewhere between six to 10 percent and there's early engagement, you get served to more of them.
- 43:49[SPEAKER_06]: On YouTube, it's like one to three percent.
- 43:51[SPEAKER_06]: You're barely seeing it in your feed ever.
- 43:53[SPEAKER_06]: People don't go like, oh, you know what?
- 43:54[SPEAKER_06]: I'm gonna go fucking do this today.
- 43:57[SPEAKER_06]: It's like, it just very rarely happens, you know?
- 44:00[SPEAKER_09]: Yeah.
- 44:01[SPEAKER_09]: Um, somebody from the chat is saying, I don't know.
- 44:03[SPEAKER_09]: I don't subscribe.
- 44:04[SPEAKER_08]: And then they're like, hey, you're watching right now.
- 44:08[SPEAKER_08]: I fuck off.
- 44:09[SPEAKER_08]: Um, and not that I carry the way to be honest with you.
- 44:11[SPEAKER_09]: But, uh, yeah, we're all just trying to figure this out together.
- 44:14[SPEAKER_09]: I will say this.
- 44:15[SPEAKER_09]: On the flip side, there is great Americans out there.
- 44:18[SPEAKER_09]: And I still believe in this country and everything that's going on.
- 44:21[SPEAKER_09]: And I'll go back to the shipping calls that I said at the top of the show.
- 44:24[SPEAKER_09]: People are genuinely trying to help each other out.
- 44:28[SPEAKER_09]: get through this, nobody wants to see businesses fail or each other fail and everybody really is helping each other out.
- 44:34[SPEAKER_09]: And that's the American spirit that I love and that I miss.
- 44:38[SPEAKER_09]: And you do see it in times of hardship.
- 44:43[SPEAKER_06]: Yeah, usually do it.
- 44:45[SPEAKER_06]: James Patterson, who's a frequent viewer here, makes good comments a lot actually, makes a really good observation.
- 44:54[SPEAKER_06]: So he says he prefers a Norway model because there's an oversight committee to make sure the money is being spent.
- 45:00[SPEAKER_06]: uh... the way it's supposed to be they call it uh... there's a word for it actually it's called uh... it's it's called a budgetary rule they have a fucking uh... way north what do they speak up there who fucking cares um... handling regulant i mean it's not even a real language when you so the government is only permitted to withdraw maximum of three percent of the funds total value each year
- 45:27[SPEAKER_06]: just do certain things right and at funds 20 to 25% of all government spending.
- 45:34[SPEAKER_06]: If we could just cut out the fraud and have this provided by data centers the same way that oil revenue in Norway funds their stuff, we would we would cut our budget by 75%
- 45:53[SPEAKER_06]: And it seems pretty easy.
- 45:54[SPEAKER_06]: It's, I mean, if there's a motivation to do it, right?
- 45:57[SPEAKER_06]: And you also have to be pragmatic about the whole thing.
- 46:02[SPEAKER_06]: But do people need to get paid off?
- 46:05[SPEAKER_06]: Are there shit bags that sit at intersections of things that have to be greased?
- 46:09[SPEAKER_06]: I mean, if you were running a company, you'd be more than happy to fucking bribe people to get shit done.
- 46:13[SPEAKER_06]: I have.
- 46:15[SPEAKER_06]: It's just like I'm very much more interested in from the for in an economic sense.
- 46:21[SPEAKER_06]: I think we as people need to have their correct principles and exercise and those principles because that's what makes us good people and it's what makes our culture worth preserving.
- 46:31[SPEAKER_06]: But when it comes to economics, sometimes you reach you sometimes you're raw-peated a paypal, sometimes you you do things you wouldn't know I don't mean unethical shit.
- 46:39[SPEAKER_06]: I don't think that there's not anything unethical about that.
- 46:44[SPEAKER_06]: that you don't like, and that's just the way it is, man, in business.
- 46:48[SPEAKER_06]: So, I feel like even with all the incentive structures that are fucked up, there's a way to make some of this stuff happen, with considering what's going on.
- 47:00[SPEAKER_06]: And I wonder if all of the AI, anti-AI stuff going on right now, there's two things that are going on.
- 47:08[SPEAKER_06]: One, are foreign information operations.
- 47:11[SPEAKER_06]: Russia and China are trying to convince Americans that fucking this is evil or something bad.
- 47:16[SPEAKER_06]: It's going to happen or whatever.
- 47:18[SPEAKER_06]: And then the AI developers themselves, the people that actually own this shit, are trying to do the same things so they can get regularly to our capture.
- 47:25[SPEAKER_06]: So they can get the government to choose them as winners and cut everybody else out forever.
- 47:30[SPEAKER_06]: And that's a thing, that's a thing, right?
- 47:33[SPEAKER_06]: Yeah, another good point from Slay TechUlar.
- 47:37[SPEAKER_06]: If we use data centers as revenue, we have to address the energy because energy costs will skyrocket.
- 47:43[SPEAKER_06]: Maybe, if we coordinate a section of our energy, they're actually talked to a couple of people in nuclear this week.
- 47:52[SPEAKER_06]: And
- 47:55[SPEAKER_06]: The orders for small modular reactors have gone through the fucking roof.
- 47:59[SPEAKER_06]: And it's private companies buying them as a very good sign.
- 48:02[SPEAKER_06]: That's a very good sign that they're taking it seriously and that private companies are starting to fucking hedge outside of the, I guess you could say, nationally protected energy infrastructure we currently have.
- 48:17[SPEAKER_06]: That's a really good sign in my opinion, but we'll see who knows.
- 48:19[SPEAKER_09]: Yeah.
- 48:20[SPEAKER_09]: Now, uh, that'll bring us for a first sponsor here, my grandfather always said the same thing.
- 48:25[SPEAKER_09]: Three things are recession proof.
- 48:27[SPEAKER_09]: Boo's gambling and coffee.
- 48:30[SPEAKER_09]: Got to wake up to it.
- 48:32[SPEAKER_09]: Got to gamble here to try to win something bad.
- 48:34[SPEAKER_09]: I can then you got a boost to forget the hard times.
- 48:38[SPEAKER_09]: RIP.
- 48:38[SPEAKER_09]: Grandpa, he's up there somewhere.
- 48:40[SPEAKER_09]: You know, he's the Snip to play.
- 48:42[SPEAKER_09]: He's a, he's a, he's a wise man.
- 48:43[SPEAKER_09]: He's the Snip.
- 48:44[SPEAKER_09]: It's a bicycle, bicycle seat after a 10 mile ride.
- 48:46[SPEAKER_09]: And then July.
- 48:48[SPEAKER_09]: I did, you know, just to see, just to see what he was a man, you know, how kids do fought in World War II.
- 48:55[SPEAKER_09]: Yeah, you want to know what that taint smells like, of a World War II veteran, sometimes.
- 48:59[SPEAKER_08]: And, you know, I found out.
- 49:01[SPEAKER_09]: It's not great.
- 49:02[SPEAKER_08]: My book is greatly entertaining.
- 49:06[SPEAKER_09]: They're going to be having to talk this one today.
- 49:11[SPEAKER_08]: Yeah, better night, motherfuckers.
- 49:13[SPEAKER_08]: I don't care.
- 49:13[SPEAKER_09]: Yeah, I'm vetting the bills of taking the bills tonight at home, new stadium.
- 49:19[SPEAKER_09]: Tickets are highest-fucked.
- 49:21[SPEAKER_09]: People are hitting me up on drinkaproasttickets.com and saying, hey, bro, is that anything?
- 49:24[SPEAKER_09]: No.
- 49:25[SPEAKER_09]: No, this is the bill, since it's going to be high all year long.
- 49:30[SPEAKER_09]: Great team, brand new stadium, everybody's amped about it.
- 49:33[SPEAKER_09]: You guys have bitch for that stadium forever, and those tickets are high.
- 49:36[SPEAKER_09]: My bookie, from a code, bro's get 50.
- 49:39[SPEAKER_09]: You're going to get $500 back there.
- 49:41[SPEAKER_09]: You can bet up to $500.
- 49:43[SPEAKER_09]: And if you lose, you get your money right back, which is red, and then you can try it again.
- 49:48[SPEAKER_09]: uh... posture going to get a free twenty five dollar casinos ship the casino rocks it's real people real dealer small of the world here you're seeing roulette uh... blackjack poker they're all real people they just mutate so you can't scream at them i was at a fucking meltdown in a loss that roulette tournaments uh... with my book if you weeks ago but uh... man uh... yeah luckily it was muted she couldn't hear me
- 50:10[SPEAKER_09]: She was not my race either.
- 50:12[SPEAKER_08]: I hope we do another one of those soon because I was.
- 50:14[SPEAKER_08]: You, that's right.
- 50:14[SPEAKER_08]: You worked it.
- 50:15[SPEAKER_08]: Yeah.
- 50:15[SPEAKER_08]: Was she Asian?
- 50:16[SPEAKER_08]: Uh, I want to say she was, well, Asian.
- 50:19[SPEAKER_08]: I think she was Indian or something.
- 50:20[SPEAKER_08]: Well, I, I heard a lot of 7-11 jokes.
- 50:22[SPEAKER_09]: Yeah.
- 50:24[SPEAKER_09]: But I always do the teaser on Thursday nights where I wanna watch the whole game because I enjoy it and I'm up late.
- 50:31[SPEAKER_09]: I'm a night owl, so sorry.
- 50:33[SPEAKER_09]: It is what it is, but you need to Troy it on the other side of this jack that up seven, I'm gonna use that my booky teaser of plus seven and then drop that's over down.
- 50:41[SPEAKER_09]: I believe it's 41 and a half scroll over there.
- 50:44[SPEAKER_09]: Woo, shit.
- 50:46[SPEAKER_09]: God damn, that's got an eye, so it's 47.
- 50:48[SPEAKER_09]: Yeah.
- 50:50[SPEAKER_09]: As my math correct there, there's about 48.
- 50:53[SPEAKER_09]: That's 48 now.
- 50:55[SPEAKER_09]: Shit.
- 50:56[SPEAKER_09]: Got that climb just since the last show, we just did that show, like a fucking hour ago.
- 51:00[SPEAKER_09]: Yeah, give it to me.
- 51:01[SPEAKER_09]: I want it, I want it all my face and my mouth and all my chest and back and all that stuff.
- 51:05[SPEAKER_09]: All right, I'm gonna do that seven point teaser tonight.
- 51:08[SPEAKER_09]: Me, Alliance, push 12 and a half.
- 51:10[SPEAKER_09]: I think it's closing in someone's work game and then drop that over down to 48.
- 51:16[SPEAKER_09]: Hey, it's going to be fun.
- 51:17[SPEAKER_09]: I can't wait.
- 51:18[SPEAKER_09]: I want to enjoy my life.
- 51:19[SPEAKER_09]: I want to forget about the rest of this shit.
- 51:22[SPEAKER_09]: Good.
- 51:22[SPEAKER_09]: My bucket.com.
- 51:23[SPEAKER_09]: Use that promo code.
- 51:24[SPEAKER_09]: Bros. Get 50.
- 51:25[SPEAKER_09]: For that $500 bet back.
- 51:27[SPEAKER_09]: If you lose, you're going to get it right back in the free $25 casino chip.
- 51:33[SPEAKER_09]: Next up here, the Mombani collusion city hall officials must cough up.
- 51:38[SPEAKER_09]: There are emails and text messages with the powerful rent guidelines based board that's Mayor Zoran Mondami allegedly big-footed into fulfilling his promised rent freeze a judge ruled on Wednesday.
- 51:52[SPEAKER_09]: This is fucked.
- 51:53[SPEAKER_09]: Really?
- 51:54[SPEAKER_09]: I didn't read the story.
- 51:55[SPEAKER_09]: Judge Shabrendon Landry, former chief excuse me, former chair of the statin island, GOP granted a narrow order for the behind-the-scenes communications.
- 52:06[SPEAKER_09]: to see if supposedly independent rent board members illicitly colluded with Mombani's team.
- 52:12[SPEAKER_09]: The question naturally arises how would the mayor comply with his guaranteed to the voters to freeze the rent unless he or his staff communicated with the board to ensure that the board refrained from imposing any rent crease.
- 52:29[SPEAKER_09]: I-I have the same fucking question here.
- 52:32[SPEAKER_09]: Um, what happened with this?
- 52:34[SPEAKER_09]: I-I-I didn't read this story.
- 52:35[SPEAKER_09]: This kind of went out on the radar all week here.
- 52:38[SPEAKER_09]: Um, what's he asking for?
- 52:40[SPEAKER_09]: I went on your fucking text messages and emails to find out what happened?
- 52:43[SPEAKER_09]: Well, the court.
- 52:45[SPEAKER_09]: Uh, so this is typically discovery.
- 52:47[SPEAKER_06]: Yeah.
- 52:47[SPEAKER_06]: Coalition of city landlords, um, amount of legal challenge over the vote.
- 52:53[SPEAKER_06]: They said that he stacked an independent board with loyal to tenant activists.
- 52:58[SPEAKER_06]: I don't know if that's.
- 53:00[SPEAKER_06]: per se illegal.
- 53:02[SPEAKER_06]: The landlords challenged the high-challenge in the hike, we're seeking permission to demand an even broader swath of municipal messages.
- 53:09[SPEAKER_06]: So they've been granted access to a lot of texts and emails and shit, not between ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma- ma
- 53:23[SPEAKER_06]: The court acknowledges that the discovery and the special proceeding is rare, Lancer Road.
- 53:27[SPEAKER_06]: It's also rare.
- 53:28[SPEAKER_06]: In fact, it is unprecedented for a candidate for mayor of New York City to guarantee that the board and entity that the parties can see that is independent from the mayor's office will freeze the rent upon his election to office.
- 53:39[SPEAKER_06]: Outlantry also noted other rareties, including the resignation of RGB board member, Christina Smith, who described the vote as a pre-decided sham.
- 53:51[SPEAKER_06]: The order for city hall communications with the RGB also covers the mayor's office of mass engagement, the mayor's office to protect tenants and the mayor's office of management and budget.
- 54:02[SPEAKER_06]: That's pretty broad, actually.
- 54:04[SPEAKER_06]: It doesn't include his direct staff, but it includes all those things.
- 54:09[SPEAKER_09]: I'm surprised this judge allowed this.
- 54:12[SPEAKER_06]: Staten Island GOP dude.
- 54:13[SPEAKER_06]: Staten Island is a world of cops live.
- 54:17[SPEAKER_06]: And they're, I don't know, I would call it Republican per se, but it's more, yeah, I think it is.
- 54:23[SPEAKER_06]: It's more Republican than fucking than what he call it.
- 54:28[SPEAKER_06]: All the other burrows.
- 54:30[SPEAKER_06]: All the other burrows.
- 54:31[SPEAKER_06]: Yeah, I mean, I hadn't brought three burrows.
- 54:33[SPEAKER_06]: For sure.
- 54:34[SPEAKER_09]: Yeah.
- 54:36[SPEAKER_09]: Okay.
- 54:37[SPEAKER_06]: Yeah, it's an interesting case.
- 54:39[SPEAKER_06]: It's one of, let's see, three really interesting.
- 54:49[SPEAKER_06]: Potentially criminal cases for stuff like this that we're gonna read about this week.
- 54:55[SPEAKER_06]: One of them is act blue, got caught basically performing illegal campaign finance broadly.
- 55:05[SPEAKER_06]: And then the Philly district attorney, Larry Krazer, who's just an absolute cunt, is being referred for investigation to the DOJ.
- 55:14[SPEAKER_06]: Now we'll get to both of those stories here in a few.
- 55:16[SPEAKER_09]: Yeah, for sure.
- 55:18[SPEAKER_09]: I'm looking to the last line here, the order does exclude communications between my mdani and his staff as well as internal con.
- 55:25[SPEAKER_06]: Only his direct staff though, so between him and but not not just him, but his entire office and the office of mass engagement.
- 55:36[SPEAKER_06]: the project tenants and the Office of Management and Budget, which is, that's probably the bigger one.
- 55:44[SPEAKER_06]: Mass engagement is going to, it's an interesting addition to this, but it'll, it'll show if they're having weird communications,
- 55:56[SPEAKER_06]: uh uh let's say international DSA organizations who are just fucking straight up communist as well.
- 56:02[SPEAKER_06]: Yeah, that might be that might be just an added bonus from this investigation.
- 56:08[SPEAKER_06]: Be great.
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- 58:21[SPEAKER_09]: Republican Senator tried to tell Senator Mitch McConnell how to vote Wednesday on the Kentucky Republicans third day back at work after a three-month abs, you're saying absence.
- 58:33[SPEAKER_09]: I'm saying relaxation.
- 58:35[SPEAKER_09]: Okay.
- 58:36[SPEAKER_09]: I just think he needed to re-center, get his shockers right, and Mitch just needed to have a little Mitch time.
- 58:42[SPEAKER_09]: That's all he needed.
- 58:43[SPEAKER_09]: He's a live in what, look at this photo here, alive and well.
- 58:47[SPEAKER_09]: Look at that picture of health, but yeah dude, he, uh, he tried to, got to play the video.
- 58:58[SPEAKER_09]: I don't know how to describe it dude.
- 59:00[SPEAKER_09]: I, this guy's a vegetable just sitting in a fucking chair.
- 59:02[SPEAKER_09]: All right, I can't, I can't even pretend to lie on this play this video.
- 59:07[SPEAKER_09]: This guy's dead.
- 59:09[SPEAKER_00]: Senator Welch, Senator Featherman, Senator McConnell,
- 59:22[SPEAKER_09]: Oh, yeah, living it.
- 59:23[SPEAKER_04]: I don't think I was in the house running on such a thing to stay.
- 59:28[SPEAKER_01]: Well, actually, be delivered as we intended, as long as the right delay is.
- 59:34[SPEAKER_09]: Oh, my God, dude, this is so uncomfortable.
- 59:37[SPEAKER_09]: I don't, again, now you understand.
- 59:39[SPEAKER_09]: I don't know how to describe this.
- 59:42[SPEAKER_09]: I don't know what's happening here.
- 59:45[SPEAKER_09]: Why is why is he allowed to do this?
- 59:47[SPEAKER_09]: Why are any of them allowed to do this?
- 59:49[SPEAKER_09]: What the fuck is going on down?
- 59:51[SPEAKER_09]: I mean, I I give up with with this.
- 59:53[SPEAKER_09]: I really do I know he's out of there in January Yeah, well, what's the fucking point?
- 59:58[SPEAKER_09]: Yeah, I don't it is what it is.
- 1:00:01[SPEAKER_09]: That's that's your Senate God damn it man.
- 1:00:05[SPEAKER_09]: I mean, this is just fucking insane and then my Johnson yesterday Get it I've given everybody a day off a senior skip day go home
- 1:00:15[SPEAKER_09]: Go home and, uh, just skiddle, get ready for the midterms, go out there and vote.
- 1:00:19[SPEAKER_09]: Yeah, play with this fucker head to say us today.
- 1:00:23[SPEAKER_09]: On top of the Mitch McConnell's shit.
- 1:00:25[SPEAKER_11]: done this job here.
- 1:00:27[SPEAKER_11]: We're on a 48 hour notice to return as necessary.
- 1:00:30[SPEAKER_11]: So we're very hopeful that our colleagues in the Senate can send us bills of substance over here so that we can continue to move that along through the process and get bills to the President's desk.
- 1:00:41[SPEAKER_11]: We're awaiting that action.
- 1:00:43[SPEAKER_11]: So House Republicans are going now back to our districts.
- 1:00:46[SPEAKER_11]: We're going to make the case of the American people on what we have delivered on their behalf.
- 1:00:50[SPEAKER_11]: The media certainly doesn't do this force.
- 1:00:52[SPEAKER_11]: So we've got to go tell him the truth and that truth is is has huge impact when it's the people are reminded of what we've done They're okay.
- 1:01:01[SPEAKER_09]: So you got that you got Miss McConnell who There's no way is alive.
- 1:01:06[SPEAKER_09]: I mean they had to say he said no and then he said yes, then this other guy stepped in
- 1:01:15[SPEAKER_09]: I know this is the Senate, but I also know that this is why people feel hopeless in regards to this shit.
- 1:01:24[SPEAKER_06]: My understanding the reason why Johnson dismissed the house was because Thomas Massey was planning on bringing a bunch of other weird shit to the floor.
- 1:01:34[SPEAKER_09]: Well, he did already with the eight impeachment things against like hexith a bunch of other shit.
- 1:01:40[SPEAKER_06]: What kinds of shit?
- 1:01:41[SPEAKER_06]: I don't know.
- 1:01:42[SPEAKER_06]: I didn't hear about that.
- 1:01:43[SPEAKER_06]: All I heard was Massey was Matt.
- 1:01:46[SPEAKER_06]: I don't know if he wanted to go home and he just sabotages it because he knew they would do it or what the fuck happened.
- 1:01:51[SPEAKER_09]: He pitched mightily yesterday.
- 1:01:53[SPEAKER_09]: After they said, hey, we're going home.
- 1:01:55[SPEAKER_09]: He was the one that was the most welcome about it.
- 1:01:57[SPEAKER_09]: So maybe there isn't treats that.
- 1:01:59[SPEAKER_09]: I don't know.
- 1:02:00[SPEAKER_09]: Yeah, dude.
- 1:02:01[SPEAKER_09]: But what do you get 38 days off for what?
- 1:02:08[SPEAKER_09]: to go back to your district to do what to run for office, I guess.
- 1:02:13[SPEAKER_09]: Well, I mean, what does Mitch McConnell do in that 38 days?
- 1:02:16[SPEAKER_09]: Snowboard?
- 1:02:18[SPEAKER_09]: Like, what does he do?
- 1:02:20[SPEAKER_09]: Yeah, I mean, I assume that's what it'll be doing, you know.
- 1:02:23[SPEAKER_09]: Okay.
- 1:02:24[SPEAKER_09]: Is he fucking, you know, you know, in a preparing for the luge for the Olympic games, like what is he gonna fucking do here?
- 1:02:34[SPEAKER_09]: Massey, he's out of there with fucks he gonna do?
- 1:02:37[SPEAKER_09]: You know, and I'm with you.
- 1:02:38[SPEAKER_09]: He could go to the, you know, he could go to the floor and introduce a bunch of crazy shit, but he's out of there as well.
- 1:02:44[SPEAKER_09]: I mean, Fuck and hell.
- 1:02:47[SPEAKER_09]: Uh, this is just absolutely nuts.
- 1:02:49[SPEAKER_09]: Me on nuts.
- 1:02:51[SPEAKER_09]: Who's replacing him in Kentucky?
- 1:02:52[SPEAKER_09]: I don't know that.
- 1:02:54[SPEAKER_09]: I know that.
- 1:02:54[SPEAKER_09]: Uh, yeah.
- 1:02:55[SPEAKER_06]: So Nate, that Navy seal guy.
- 1:02:56[SPEAKER_09]: Oh, okay, cool.
- 1:02:58[SPEAKER_09]: Um, At least we don't want to see that anymore.
- 1:03:00[SPEAKER_09]: Uh, Tom Tillis is fucking out of there.
- 1:03:04[SPEAKER_09]: I hate that old bag of dicks here in North Carolina.
- 1:03:07[SPEAKER_09]: There's a lot of these fucking guys.
- 1:03:09[SPEAKER_09]: If you were to put an age on when we get these fucks out, what would you peg it at?
- 1:03:14[SPEAKER_09]: Pun intended.
- 1:03:15[SPEAKER_09]: Um, what would you butt fuck it at?
- 1:03:18[SPEAKER_09]: 65.
- 1:03:19[SPEAKER_06]: 65?
- 1:03:20[SPEAKER_06]: Yeah.
- 1:03:21[SPEAKER_09]: I'd go lower, I think.
- 1:03:24[SPEAKER_06]: I mean, it's that's kind of in line with an average retirement age, maybe 63, but, okay, I've for a long time said if you can have an age requirement, you can have an age limit as well.
- 1:03:34[SPEAKER_06]: I don't think there's any problem with that.
- 1:03:36[SPEAKER_09]: How old is Chuck Schumer, for example?
- 1:03:39[SPEAKER_09]: Because Pelosi even got out of there, and she fucking is...
- 1:03:43[SPEAKER_09]: going like I mean he should be out of there.
- 1:03:50[SPEAKER_09]: Pelosi's heavies are already out of there.
- 1:03:54[SPEAKER_09]: McConnell's dead.
- 1:03:57[SPEAKER_09]: Sorry.
- 1:03:59[SPEAKER_09]: We'll be.
- 1:04:00[SPEAKER_09]: We'll be dead soon.
- 1:04:03[SPEAKER_09]: Regardless, he's gone in January.
- 1:04:05[SPEAKER_09]: Tom Tillis is like 90 fucking years old.
- 1:04:07[SPEAKER_09]: He's out of there.
- 1:04:10[SPEAKER_09]: Who else am I missing Bernie Sanders is 85?
- 1:04:13[SPEAKER_07]: She's actually doing pretty good.
- 1:04:15[SPEAKER_07]: It seems like he's able to get around at least.
- 1:04:17[SPEAKER_07]: It's crazy.
- 1:04:17[SPEAKER_07]: He's no much McConnell.
- 1:04:19[SPEAKER_09]: No, he can at least talk.
- 1:04:21[SPEAKER_09]: Fuck, matter of fact, he talks too much for Christ's six.
- 1:04:25[SPEAKER_09]: And that's the, I think that's the difference, right?
- 1:04:26[SPEAKER_09]: Like with him and Trump, it always, I always forget the Trump's fucking 80 for Christ's six.
- 1:04:31[SPEAKER_09]: But it's their energy where they both of those fuckers who fly all over the goddamn world and do speeches like it's nothing every single day.
- 1:04:40[SPEAKER_06]: with Bernie Sanders is that he hasn't made sense and so long that people can't tell how crazy he is and see now.
- 1:04:51[SPEAKER_06]: I think it's that he's he's established himself as old man yells at cloud since he was fucking 35 years old.
- 1:04:59[SPEAKER_09]: But he's always looked like he's 80 years old at 35 years old.
- 1:05:02[SPEAKER_09]: That's the other part of this.
- 1:05:04[SPEAKER_09]: Kind of like Larry David popped up in my feet and olds, even when an Emmy back in the 90s for sign-felt, right?
- 1:05:10[SPEAKER_09]: It's greater sign-felt, right?
- 1:05:11[SPEAKER_09]: Or sign-felt, all that other shit.
- 1:05:14[SPEAKER_09]: Looked identical.
- 1:05:15[SPEAKER_09]: It's 32 years ago.
- 1:05:16[SPEAKER_09]: It was ball to shit, old gray, everything.
- 1:05:19[SPEAKER_09]: And then Bernie, there was a clip that was going around on the internet and regards to him on this fucking oligarch train.
- 1:05:28[SPEAKER_09]: That hasn't stopped in 50 years.
- 1:05:29[SPEAKER_09]: He's been saying that forever.
- 1:05:30[SPEAKER_09]: No, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no, no,
- 1:05:57[SPEAKER_02]: We are moving in the direction of Alagaki.
- 1:06:00[SPEAKER_02]: We will move even more rapidly in the direction of an Alagaki.
- 1:06:05[SPEAKER_02]: This great country is evolving into an Alagaki society.
- 1:06:12[SPEAKER_02]: It is called oligarchy, and that is the system we are rapidly moving toward.
- 1:06:18[SPEAKER_02]: This is a budget that moves our country rapidly into the direction of oligarchy.
- 1:06:24[SPEAKER_02]: They handful of billionaires on moving this entire planet.
- 1:06:30[SPEAKER_02]: toward an oligarchic society.
- 1:06:33[SPEAKER_02]: Start over with the bad news, which is pretty bad.
- 1:06:36[SPEAKER_02]: And that is that on the Donald Trump, this country is hurtling rapidly toward oligarchy.
- 1:06:43[SPEAKER_09]: When you say the same thing for 33 years, the first video for the audience, by the way, started in 1993.
- 1:06:50[SPEAKER_09]: You can't really say, oh, he's lost the step or he's fucking crazy.
- 1:06:54[SPEAKER_09]: He's always been crazy.
- 1:06:56[SPEAKER_09]: And I think that's what all of this is, dude.
- 1:06:57[SPEAKER_09]: If you just start off consistent, whatever it is in this life, you wanna be crazy is fuck, you wanna be out of control, awesome, dude, just maintain it forever and you say whatever you want.
- 1:07:09[SPEAKER_09]: His mother fuckers been consistent for 50 fucking years and his message and his look and his fucking shit.
- 1:07:17[SPEAKER_09]: The only change thing is change is millionaires
- 1:07:20[SPEAKER_09]: Because once you became a millionaire, you're like, oh fuck.
- 1:07:23[SPEAKER_09]: Yeah, say that anymore, and I was like, really, and there's no, because I'm one.
- 1:07:26[SPEAKER_07]: Self-lation.
- 1:07:27[SPEAKER_09]: Yeah.
- 1:07:28[SPEAKER_07]: Did you see that he did this up the pro-human assembly, because he's been on the AI stuff.
- 1:07:33[SPEAKER_07]: And this D-Bannon was there.
- 1:07:35[SPEAKER_07]: I just think it's super interesting, so I got a clip.
- 1:07:37[SPEAKER_09]: Hi.
- 1:07:38[SPEAKER_09]: Oh, do you really?
- 1:07:39[SPEAKER_09]: Yeah.
- 1:07:39[SPEAKER_09]: Because we brought that up.
- 1:07:41[SPEAKER_09]: And I genuinely think these people were getting paid.
- 1:07:47[SPEAKER_09]: Bannon doesn't, if you think Bannon's got any fucking morals, there's no way.
- 1:07:50[SPEAKER_09]: You write that guy a check for, you get the fuck it, forget it, check, give him some Cole's cash and he'll be down there getting sweaters and turtlenecks for Christ's six, and he'll do whatever.
- 1:08:03[SPEAKER_09]: This whole thing, and we played that clip last week with the guy and everything else, it just seems like a fucking payoff from someone.
- 1:08:11[SPEAKER_09]: Like it all happened at the exact same time from every single fucking person.
- 1:08:15[SPEAKER_09]: And it's very, very odd.
- 1:08:17[SPEAKER_09]: Whenever that happens, it's like, there's no way 30 to 40 people came into the exact same decision on the exact same day at the exact same time about the exact same subject.
- 1:08:26[SPEAKER_09]: There's just no way.
- 1:08:28[SPEAKER_09]: Press play on this.
- 1:08:28[SPEAKER_09]: I haven't seen it.
- 1:08:31[SPEAKER_02]: and perhaps the most important point that I want to leave with you this afternoon is that AI is advancing exponentially every single day.
- 1:08:49[SPEAKER_02]: In other words, what you are looking at right now,
- 1:08:55[SPEAKER_02]: is the least capable version of AI that we will ever have.
- 1:09:02[SPEAKER_02]: When you are racing towards a cliff, you don't just ease up on the gas pedal.
- 1:09:11[SPEAKER_02]: You hit the brakes.
- 1:09:13[SPEAKER_02]: When the future is happening,
- 1:09:16[SPEAKER_09]: not true.
- 1:09:17[SPEAKER_09]: You want to thumb on the way isn't go right off the fucking edge.
- 1:09:20[SPEAKER_02]: But the future of humanity is at stake.
- 1:09:23[SPEAKER_02]: We need binding international safety rules, not voluntary standards from the industry.
- 1:09:31[SPEAKER_09]: I now go to fine ban in real quick because the rest of this is I'm sure.
- 1:09:37[SPEAKER_04]: Madness.
- 1:09:37[SPEAKER_04]: I'm going to be supplicants to the oligarch anymore.
- 1:09:41[SPEAKER_04]: We can't do it.
- 1:09:42[SPEAKER_04]: He's saying, oh, you're seeing where that's let us so far.
- 1:09:44[SPEAKER_04]: What they're trying to do now with this whole phony, oh, we really should have some controls.
- 1:09:52[SPEAKER_04]: All they're trying to do is to use a crisis and turn it to their advantage, turn it to their advantage by creating a mode, a cartel.
- 1:10:02[SPEAKER_04]: where not only can other aspiring companies get in, but more importantly, they're going to have a liability shift to the American people.
- 1:10:15[SPEAKER_06]: He's right.
- 1:10:15[SPEAKER_06]: Yeah, so they weren't the same meeting, but not seeing the same things.
- 1:10:19[SPEAKER_06]: Blue to address your interest.
- 1:10:25[SPEAKER_09]: What was Bannon's whole point there?
- 1:10:27[SPEAKER_06]: What we said yesterday that this is just an attempt at regulatory capture.
- 1:10:31[SPEAKER_09]: So was this whole convention then just everybody's opinion all the way around?
- 1:10:36[SPEAKER_09]: Because the way the media frame this was Bannon and Sanders come together for AI convention.
- 1:10:42[SPEAKER_09]: And that was the headline everywhere.
- 1:10:44[SPEAKER_09]: So what you're saying was, this was just a fucking, hey, let's give a quick talk about our thoughts on it and then take away with us what you want.
- 1:10:54[SPEAKER_09]: Yeah, it seems like just uh, that is not the way the media frame this.
- 1:10:59[SPEAKER_09]: Yeah, well over and over and over again and no offense.
- 1:11:03[SPEAKER_09]: But I don't give a fuck about Bernie Sanders or Steve Bannon enough to actually watch this whole goddamn thing.
- 1:11:09[SPEAKER_09]: So
- 1:11:11[SPEAKER_09]: That's interesting because they really frame this like, hey man, try, did you see his lower third too?
- 1:11:18[SPEAKER_09]: It just said Trump ally under Bannon.
- 1:11:21[SPEAKER_06]: That's what he puts on his business card, I think.
- 1:11:24[SPEAKER_09]: Well, thank you.
- 1:11:25[SPEAKER_09]: Asked you.
- 1:11:26[SPEAKER_09]: But yeah, that's interesting.
- 1:11:30[SPEAKER_09]: That's interesting.
- 1:11:32[SPEAKER_09]: What is it the woke wizards of AI?
- 1:11:33[SPEAKER_09]: Is that the New York public?
- 1:11:35[SPEAKER_07]: Sorry, sorry.
- 1:11:36[SPEAKER_07]: Well, it says revealed far-left group that Silicon Valley wants to oversee our tech-led future that woke wizards of AI.
- 1:11:43[SPEAKER_07]: Luckily those fuckers through this.
- 1:11:46[SPEAKER_07]: Is that a woman?
- 1:11:47[SPEAKER_07]: The woman who are head-shaped?
- 1:11:49[SPEAKER_07]: Is that Chanel Connor?
- 1:11:51[SPEAKER_07]: I mean, that looks like a trans person to me.
- 1:11:53[SPEAKER_07]: Nothing compares to you, okay?
- 1:11:57[SPEAKER_09]: Nothing compares to you.
- 1:11:58[SPEAKER_09]: Yep, that is a dude.
- 1:12:00[SPEAKER_09]: What?
- 1:12:00[SPEAKER_09]: Nice, cool.
- 1:12:01[SPEAKER_09]: Look, that is a fucking dude.
- 1:12:04[SPEAKER_09]: I am still with hoop earrings like that.
- 1:12:06[SPEAKER_09]: Those are big hoops too.
- 1:12:08[SPEAKER_09]: Those are women's earrings.
- 1:12:10[SPEAKER_09]: Well, and then look at the girl to the right.
- 1:12:13[SPEAKER_09]: She's got kind of like a mustache, but also a wig.
- 1:12:16[SPEAKER_09]: She all wigged up, who does her wig work?
- 1:12:18[SPEAKER_07]: She looks like my grandma, okay, calm down.
- 1:12:20[SPEAKER_07]: But she's 14 years old.
- 1:12:23[SPEAKER_07]: Yeah, she's 28 years old, Luke.
- 1:12:25[SPEAKER_07]: Is your grandma 28?
- 1:12:27[SPEAKER_07]: She, you know, she acts like it, that's for sure.
- 1:12:30[SPEAKER_07]: No, hey, no, I'm no foul.
- 1:12:31[SPEAKER_08]: Wait, hang on, am I imagining things or that guy on the left?
- 1:12:35[SPEAKER_08]: Are those hair plugs?
- 1:12:36[SPEAKER_08]: Looks like it.
- 1:12:37[SPEAKER_08]: Those look like plugs.
- 1:12:38[SPEAKER_08]: I know.
- 1:12:40[SPEAKER_09]: So why would you get all plugged up if you're gonna wear wigs anyways and just become a lady?
- 1:12:44[SPEAKER_09]: You want to shave head.
- 1:12:45[SPEAKER_09]: You want the jade of pink it's Smith.
- 1:12:47[SPEAKER_09]: For real, if you're gonna wear wigs all the time, that's how it goes.
- 1:12:53[SPEAKER_09]: Even the Emmy is the other night, people were stung with the Zindaya and they were like, oh, just you get a pixie haircut.
- 1:12:57[SPEAKER_09]: I was like, no, that's just probably a real hair.
- 1:13:00[SPEAKER_09]: And she's gonna wear wigs all the time.
- 1:13:01[SPEAKER_09]: She's like, I gotta keep it short same with Halle Berry.
- 1:13:04[SPEAKER_09]: But this fucking dude, bro.
- 1:13:08[SPEAKER_09]: Commit to the bed if you're gonna do it, don't get plugs.
- 1:13:12[SPEAKER_09]: Then you got the Indian and the bottom corner there.
- 1:13:14[SPEAKER_09]: Is there a honky there?
- 1:13:15[SPEAKER_09]: Bottom left?
- 1:13:16[SPEAKER_09]: This dude?
- 1:13:16[SPEAKER_09]: I mean, this fucking school shooter.
- 1:13:20[SPEAKER_09]: She's a surprise.
- 1:13:22[SPEAKER_09]: Crooks, my last name.
- 1:13:24[SPEAKER_09]: Thomas Smith, you crooks, I might remember that's my brother.
- 1:13:28[SPEAKER_09]: Did some great things that we'll never know about because he was burned by just a random donation the other day.
- 1:13:34[SPEAKER_09]: Nothing to see here.
- 1:13:36[SPEAKER_09]: Yeah dude, what the fuck is going on anymore?
- 1:13:40[SPEAKER_09]: What is going on with these fucking weirdos?
- 1:13:42[SPEAKER_09]: Let's can we bring it back to some normal see here?
- 1:13:45[SPEAKER_09]: Blued you?
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- 1:17:07[SPEAKER_09]: Next up, at Blu is a criminal organization, the House Judiciary Committee along with the House Administration Committee and the House Oversights and Government Reform Committee or just every committee on the planets.
- 1:17:19[SPEAKER_09]: released in an interim staff report on act blue, the Democratic fund raising platform, and that report, the committees found that act blue failed to prevent a legal foreign political contributions, and it's being called an explosive insights into the organization's practices.
- 1:17:36[SPEAKER_06]: Yeah, there's like, when Trump was, well, when the new Congress was, was,
- 1:17:47[SPEAKER_06]: inaugurated, they started an investigation into Act Blue.
- 1:17:51[SPEAKER_06]: And I mean, I'll save you the all the details and stuff, but it's a lot of money at Blue told Congress that it used something called Passport Verification to stop foreign donors from giving them money.
- 1:18:09[SPEAKER_06]: Their own policy says otherwise that it only checks that the number has the right number of characters.
- 1:18:16[SPEAKER_06]: No database check.
- 1:18:17[SPEAKER_06]: No real verification that ever happens.
- 1:18:21[SPEAKER_06]: So what actually happens when a foreign donation gets approved in an email from this investigation, a supervisor says the donor is foreign but correctly entered their billing address so they approved it.
- 1:18:33[SPEAKER_06]: Another one, donor sometimes has an IP and Hong Kong but none of their other signals
- 1:18:41[SPEAKER_06]: This is a pretty solid one, a donor's information pointed entirely to Canada.
- 1:18:45[SPEAKER_06]: Act blew approved it anyway because, and this is a real quote, quote, Twitter seems to confirm that they are a real person.
- 1:18:53[SPEAKER_06]: It happened again, another foreign flag donor got wave through because they had a link
- 1:19:04[SPEAKER_06]: When Ackblu's legal counsel tried to report it, IT deleted the messages in real time.
- 1:19:10[SPEAKER_06]: He sent an email that says, please stop deleting my request.
- 1:19:14[SPEAKER_06]: You were violating the laws and policies of our company.
- 1:19:16[SPEAKER_06]: It was deleted five seconds later.
- 1:19:18[SPEAKER_06]: They have the change log in this investigation.
- 1:19:22[SPEAKER_06]: It happened to him six times that night.
- 1:19:24[SPEAKER_06]: He even sent Ackblu's own whistleblower protection policy.
- 1:19:27[SPEAKER_06]: They deleted that as well.
- 1:19:28[SPEAKER_06]: Then they deleted the non-retaliation policy that he sent them as a result.
- 1:19:35[SPEAKER_06]: So, they are going to be referred for criminal prosecution, in short, for violating campaign finance laws and all sorts of other shit.
- 1:19:47[SPEAKER_06]: It'll be interesting to see how this all plays out.
- 1:19:49[SPEAKER_09]: Yeah, and I think because of it, they have no funding.
- 1:19:56[SPEAKER_06]: for this midterms.
- 1:19:58[SPEAKER_06]: I don't know what's going to happen with all that.
- 1:19:59[SPEAKER_06]: I mean, Roy Neville, Singham, and George Soros always seem to bail him out financially, but
- 1:20:06[SPEAKER_06]: the money's got to go through somewhere.
- 1:20:08[SPEAKER_09]: Somewhere.
- 1:20:09[SPEAKER_09]: But so far, like, you don't really see that many Democratic campaign commercials or anything.
- 1:20:17[SPEAKER_09]: I think one person actually said, was it the hunger?
- 1:20:19[SPEAKER_09]: And Wisconsin who said that they didn't do any television ads whatsoever?
- 1:20:23[SPEAKER_07]: Yeah, that was, I mean, that was the primary, though, the national.
- 1:20:27[SPEAKER_09]: But still, right?
- 1:20:28[SPEAKER_09]: Yeah, but her opponent's shocking.
- 1:20:30[SPEAKER_09]: Yeah, right.
- 1:20:31[SPEAKER_09]: But it's shocking to see to be honest with you,
- 1:20:37[SPEAKER_09]: I don't know what's going to happen with this.
- 1:20:38[SPEAKER_09]: Obviously, this is all fraud, right?
- 1:20:40[SPEAKER_09]: Yeah.
- 1:20:42[SPEAKER_09]: But as far as the Democrats, I think that's another thing to keep an eye on for the mid-term.
- 1:20:47[SPEAKER_09]: So they're also not talking about it as this funding issue, that they don't have any money.
- 1:20:52[SPEAKER_09]: And what's going to happen afterwards?
- 1:20:55[SPEAKER_09]: Because let's say that that guy's map was true early on in the show, over that crazy fucker was from Frisiana, that I like, by the way, I like crazy.
- 1:21:04[SPEAKER_09]: It's fine.
- 1:21:08[SPEAKER_09]: Could you imagine the next day what's going to happen there of like hey guys you you this is more than a 283 lead this is more than a Tom Brady come back here this would be Unbelievable if the Republicans held the Senate and House and everything else and just because Democrats ran out of money
- 1:21:28[SPEAKER_09]: I don't see shit, so it's odd, but all these guys, you know, look, what's facing eight or nine of them will probably go to jail and throw onto the bus.
- 1:21:39[SPEAKER_09]: We never find out where this money went and then none of it ever comes back.
- 1:21:43[SPEAKER_06]: Yeah, I'll be interesting to see how all this gets sorted out.
- 1:21:49[SPEAKER_06]: I don't know what the fuck's going on here, but it's definitely a problem for them.
- 1:21:54[SPEAKER_09]: Yeah.
- 1:21:55[SPEAKER_09]: I mean, and then a lot of the shit, like you said, delete the five seconds later.
- 1:22:00[SPEAKER_09]: See you later, bro.
- 1:22:01[SPEAKER_09]: That's it.
- 1:22:02[SPEAKER_09]: Crazy.
- 1:22:02[SPEAKER_09]: What a fucking world dude.
- 1:22:04[SPEAKER_09]: Speaking of money.
- 1:22:05[SPEAKER_09]: Yeah, speaking of money.
- 1:22:07[SPEAKER_09]: Next up, we got American financing.
- 1:22:08[SPEAKER_09]: Dot net slash drinking bros. Everybody's got, I got a base in bills here.
- 1:22:13[SPEAKER_09]: We're all leaning on credit cards, myself included here.
- 1:22:15[SPEAKER_09]: It's a pay for shit.
- 1:22:16[SPEAKER_09]: Internet great right now, kids.
- 1:22:18[SPEAKER_09]: But I stay positive, right?
- 1:22:21[SPEAKER_09]: can you a little stress in your life?
- 1:22:23[SPEAKER_09]: It's a try to keep you going here.
- 1:22:25[SPEAKER_09]: At least it's what I'm telling myself.
- 1:22:27[SPEAKER_09]: But our friends over to American financing are trying to help us out if it all feels exhausting.
- 1:22:32[SPEAKER_09]: It is totally understand that.
- 1:22:37[SPEAKER_09]: We're all reaching for credit cards right now that 20% to 30% interest rate.
- 1:22:41[SPEAKER_09]: If you're going to go up even higher here very soon to pay the basics like groceries, gas utility bills, it's essentially a survival tax at this point.
- 1:22:50[SPEAKER_09]: Why keep your heart rate in paychecks when the big banks when you could keep it for your family?
- 1:22:55[SPEAKER_09]: Our friends at American Financing have a better way.
- 1:22:57[SPEAKER_09]: They're helping homeowners tap into their home equity.
- 1:23:00[SPEAKER_09]: to pay off high interest debt with mortgage rates currently in the fives.
- 1:23:04[SPEAKER_09]: On average American financing is saving their customers $800 a month that is simply in interest fees.
- 1:23:09[SPEAKER_09]: It's nearly $10,000 a year back in your pocket.
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- 1:23:20[SPEAKER_09]: Here's the kicker, start today, and you could even delay up to two mortgage payments up front.
- 1:23:26[SPEAKER_09]: American financing is America's home.
- 1:23:28[SPEAKER_09]: for home loans, call today 886-887-2275 that is 866-887-2275 or head on over to americanfinancing.net slash drinking bros.
- 1:23:38[SPEAKER_09]: They're better business bearer disclaimer is that NMLS-12334 at NMLS consumeraccess.org.
- 1:23:46[SPEAKER_09]: All right, this is the last one.
- 1:23:47[SPEAKER_06]: Yeah, yeah, yeah, yeah, yeah, I got a thing.
- 1:23:50[SPEAKER_06]: But this is a, we, I mentioned this earlier, Krazner that Philly district attorney, who's an absolute turd has been referred to the Department of Justice, a Philly, federal judge referred the Soros back district attorney to the DOJ for investigation at a whether he violated the law while trying to protect the reputation of his top underlying.
- 1:24:13[SPEAKER_06]: U.S. District Judge Paul Diamond, Bush appointee, Bush W. Bush, also order that both crowds are in assisted district attorney, Matthew Stiegler, be removed from involvement and re-litigating a 2009 murder case at the center of the scandal, the shocking memo Diamond wrote that he had reluctantly concluded that Philadelphia's highest law enforcement official and one of his top assistants may have violated the law.
- 1:24:35[SPEAKER_06]: after hearing testimony alleging a pressure campaign against employees of the DA's office who raised conflict of interest concerns revolving around Stigler.
- 1:24:43[SPEAKER_06]: Staffers who had raised the issue were warned they could face consequences, a diamond found that crowds aren't Stigler's contact conduct may have amounted to perjury, obstruction of justice, false statements under oath and conspiracy.
- 1:24:58[SPEAKER_06]: Krasnor obviously disagrees, you know, Johnson was found, this is, this is about this murder case.
- 1:25:06[SPEAKER_06]: Johnson was found guilty of secondary murder in 2009 for killing Kenyatta Smith during a box robbery two years earlier in 2007 based in part on the testimony of two eyewitnesses who said Johnson pulled the trigger.
- 1:25:18[SPEAKER_06]: He was sentenced in November 2010 to life.
- 1:25:22[SPEAKER_06]: And November 22, Craser's office filed a petition for Johnson's release, are even that he had received an effective legal representation during the trial.
- 1:25:29[SPEAKER_06]: That petition was signed by then assisted DA Jacqueline Mason, who Diamond noted had a background in patent and trademark law and no experience as a criminal litigator.
- 1:25:39[SPEAKER_06]: That's interesting.
- 1:25:41[SPEAKER_06]: Stiegler Mason's boss had a signed Johnson's case to her, the previous December, but already decided to ask for his release African-Soulting Johnson's new attorney as well as the local chapter of the Innocence Project.
- 1:25:53[SPEAKER_06]: Stiegler thus did not instruct Mason to do any independent investigation because it had already been done by Johnson's counsel, by the Defendants Council, and D.
- 1:26:07[SPEAKER_06]: He assigned an inexperienced ADA to Johnson making it more like a that she would not question his actions or the order in June of this year.
- 1:26:14[SPEAKER_06]: Crasis offer office moved to withdraw the petition and signed by Mason who had resigned days earlier due to material misstatements.
- 1:26:25[SPEAKER_06]: So you lie, that's called lying, by the way.
- 1:26:28[SPEAKER_06]: And a resignation later to Crasner, Mason said, Stegler had, quote, used me to further his personal agenda of conceding and federal habeas cases regarding regardless of the merits.
- 1:26:39[SPEAKER_06]: And claims she had been, quote, asked to fall on my sword.
- 1:26:43[SPEAKER_06]: On the same day, the DA's office moved to withdraw the November 22 petition, Stiegler tried to scapegoat Mason, according to Diamond saying that she had purposely inserted the false facts, and that this was 100% her fault zero percent his fault.
- 1:26:57[SPEAKER_06]: Crasnar me and while told the foreline, prosecutors behind the withdrawal motion that Stiegler gave me.
- 1:27:02[SPEAKER_06]: this really good idea.
- 1:27:03[SPEAKER_06]: I think that we should go through a Miss Mason's cases, find mistakes that she made in other cases, say that this was a padded by her and then files something with the courts saying that.
- 1:27:13[SPEAKER_06]: When the prosecution prosecutors blocked and suggested the
- 1:27:18[SPEAKER_06]: the OAG the Office of the Attorney General.
- 1:27:21[SPEAKER_06]: The DA said as one of the line prosecutors will put it, we can't send to OAG because essentially they're all evil and we have to have somebody in the room in the courtroom to protect the office even after the motion to which he's legally required to send this to the Attorney General.
- 1:27:39[SPEAKER_06]: Even after the motion to withdraw the petition, what's filed, Krasner continued to rant against the state AG, referring to some state lawyers as Nazis.
- 1:27:48[SPEAKER_06]: Still later, Krasner threatened one of his prosecutors with unsuppressed by consequences if they informed the court about Stecular's conflict of interest, specifically he had reputational interest and not doing a full investigation.
- 1:28:01[SPEAKER_06]: So, what is alleged is that, Craster and Stiegler were working to protect the office and themselves, instead of accusing themselves with their legally required to do, and now a federal judge wants them disbarred and tried for perjury and obstruction of justice.
- 1:28:17[SPEAKER_06]: If you don't remember, this is the guy who said that he was going to arrest ICE agents, so he doesn't understand basic constitutional law either.
- 1:28:29[SPEAKER_06]: No.
- 1:28:30[SPEAKER_06]: That's all, that was a long thing to just like, when you, the reason I added them, especially in this order, when the left weaponized, the intelligence community in the DOJ, against Republicans, Catholic moms, even whether they're Republican or not, but against conservative organizations, what they find, nothing, nothing.
- 1:28:56[SPEAKER_06]: You can call it weaponization now, but under every fuckin' stone, it's just like that, that kid was content running around with an AR50, and he shoots three people, and he gets two felons in a petafile.
- 1:29:16[SPEAKER_06]: You know what I mean?
- 1:29:17[SPEAKER_06]: It's like, one of these things is not like the others.
- 1:29:21[SPEAKER_06]: Right, every time anybody looks into one of these left organizations or people, there's some fuckery about, every fucking time.
- 1:29:29[SPEAKER_06]: That is it to say, all Republicans are innocent of stuff, but good God, man.
- 1:29:34[SPEAKER_06]: It's like the entire fundraising apparatus for the Democratic Party is a goddamn foreign money laundering organization, and every single one of these sorrows DAs are letting people out to murder your children and trying to cover it up on the back end.
- 1:29:48[SPEAKER_06]: What the hell?
- 1:29:50[SPEAKER_09]: But I mean, it goes back to the top of this of, with the interest rates and everything else.
- 1:29:57[SPEAKER_09]: Do people recognize how crazy all the shit is?
- 1:29:59[SPEAKER_06]: If this, if the Republicans win, I'll suck my own dick live on air.
- 1:30:04[SPEAKER_06]: And that's an if, it's an if, but if they win this stuff, you have to assume that people are like, eh, right, things are kind of fucking, but not that fucking.
- 1:30:13[SPEAKER_06]: That's the only, that's the only sense I can make of it.
- 1:30:15[SPEAKER_09]: Yeah, I mean, for me, I shouldn't have said what I just said.
- 1:30:20[SPEAKER_09]: Yeah, that's locked in there now.
- 1:30:22[SPEAKER_09]: I, but the problem is this, I'm not as flexible anymore, so I can't suck my own deck and I don't know why I lied to you right there.
- 1:30:30[SPEAKER_07]: We can make your ribby, remove first if you want to.
- 1:30:33[SPEAKER_07]: It's going to take two.
- 1:30:34[SPEAKER_09]: Yeah, that's going to take two right now.
- 1:30:35[SPEAKER_09]: I started training to break that record next year at the reeling football and sore real fucking sore.
- 1:30:42[SPEAKER_09]: So like, no, I can't suck my own deck.
- 1:30:44[SPEAKER_08]: Well, you got to consider how a possible injury from second-year-old dick could affect your sports career.
- 1:30:49[SPEAKER_08]: So I think that, yeah, this is completely out the window.
- 1:30:52[SPEAKER_08]: I don't think it's going to happen anyways.
- 1:30:55[SPEAKER_09]: If they win all three cheek, if they win the Senate and the House, I would fucking lose my bite.
- 1:31:03[SPEAKER_09]: Holy shit.
- 1:31:05[SPEAKER_09]: But we are making a difference here.
- 1:31:06[SPEAKER_09]: Look at this.
- 1:31:06[SPEAKER_09]: We got a flock under shirt on today.
- 1:31:08[SPEAKER_09]: These are on fire right now.
- 1:31:10[SPEAKER_09]: A shit's getting shut down across the nation.
- 1:31:13[SPEAKER_09]: I keep seeing more and more cases pop up.
- 1:31:15[SPEAKER_09]: Here's the shirt.
- 1:31:16[SPEAKER_09]: Look at this.
- 1:31:17[SPEAKER_09]: Well, look at this little beauty right here.
- 1:31:18[SPEAKER_09]: I got to drink a bro's dot com.
- 1:31:20[SPEAKER_09]: Get some mint for drinking bro of the week.
- 1:31:23[SPEAKER_09]: Bro box has been on fire.
- 1:31:25[SPEAKER_09]: I got a nice thank you note from Kipkenuth yesterday.
- 1:31:27[SPEAKER_09]: It was like, man, that bro box is fucking rocked.
- 1:31:29[SPEAKER_09]: That ringer tease awesome.
- 1:31:30[SPEAKER_09]: Yeah, it's dope, man.
- 1:31:32[SPEAKER_09]: So I'm pretty amped about it.
- 1:31:34[SPEAKER_09]: But yeah, we got those shirts.
- 1:31:36[SPEAKER_09]: The Penn State shirts been selling out like crazy.
- 1:31:38[SPEAKER_09]: They're having a good year.
- 1:31:39[SPEAKER_09]: I told you they would.
- 1:31:41[SPEAKER_09]: So far.
- 1:31:41[SPEAKER_09]: I don't know, I know it's early, but these Penn State shirts are someone out everywhere.
- 1:31:46[SPEAKER_09]: That kid really bolted up from the cocaine didn't he?
- 1:31:49[SPEAKER_09]: I know, he was way bigger than I was expecting.
- 1:31:51[SPEAKER_09]: Wow.
- 1:31:52[SPEAKER_09]: When he got out of that car, I was just like, steroids.
- 1:31:55[SPEAKER_09]: Good for him, though.
- 1:31:56[SPEAKER_09]: It's dad's a lawyer.
- 1:31:57[SPEAKER_09]: I'm sure his dad said, look, man, you're going to jail, bro.
- 1:31:59[SPEAKER_09]: You get it.
- 1:32:00[SPEAKER_09]: He got a little bigger.
- 1:32:01[SPEAKER_09]: You can't look like McLevin.
- 1:32:02[SPEAKER_09]: We got to get, we got to, we got to beat you up here, put you on some d-ball or something.
- 1:32:07[SPEAKER_09]: But yeah, these shirts are on fire.
- 1:32:09[SPEAKER_09]: And the yellowstone cartwheel champion, dude, I did get a nasty look from a lady last night.
- 1:32:14[SPEAKER_09]: And older lady last night.
- 1:32:15[SPEAKER_09]: Oh, wow.
- 1:32:17[SPEAKER_08]: No sense of humor.
- 1:32:18[SPEAKER_09]: Oh, he was just out there with his camera.
- 1:32:21[SPEAKER_09]: I'm just trying to just pet a bison or whatever it was.
- 1:32:24[SPEAKER_08]: This is objectively funny, though.
- 1:32:26[SPEAKER_08]: That's what I thought.
- 1:32:27[SPEAKER_09]: But I knew she was giving me a nasty look
- 1:32:30[SPEAKER_09]: All right, I don't care.
- 1:32:32[SPEAKER_09]: You can also submit on the app.
- 1:32:33[SPEAKER_09]: The app drinking bros. App is free on iPhones and Android's and very, very close.
- 1:32:40[SPEAKER_09]: Having 24, 7, 365 video on that app.
- 1:32:43[SPEAKER_09]: So download it now.
- 1:32:44[SPEAKER_09]: There's no admins.
- 1:32:45[SPEAKER_09]: So everything can get approved immediately.
- 1:32:46[SPEAKER_09]: So if you're not feeling great, need to talk to somebody, somebody's up.
- 1:32:49[SPEAKER_09]: We'll probably shoot that, man.
- 1:32:51[SPEAKER_09]: And it's pretty fucking awesome.
- 1:32:53[SPEAKER_09]: We can submit for drink a bro the week on there and it gets emailed to us live on air.
- 1:32:58[SPEAKER_09]: Who is this one that just came in?
- 1:33:03[SPEAKER_09]: is uh Jerry Jeremy excuse me um Bonnet from Virginia listener since 2019 once the nominated Doug Wood who is deceased my grandfather Doug Wood passed away on nine five twenty-six
- 1:33:22[SPEAKER_09]: He was in Navy vet and after the Navy went to law school and then partnered in a law firm And after 30 years sold the firm and would guest teach at William and Mary law school He was the he was not only my grandfather.
- 1:33:37[SPEAKER_09]: I I really Think he was a great man when I graduated high school he got me in You got me a book on the Scottish Enlightenment.
- 1:33:50[SPEAKER_09]: I don't know much about the Scottish Enlightenment.
- 1:33:52[SPEAKER_04]: What is that?
- 1:33:53[SPEAKER_08]: Uh, I should know it, but I've been off of like on a blast for so long.
- 1:33:57[SPEAKER_08]: I'm not rushed up on my history.
- 1:33:59[SPEAKER_08]: I mean, I need that.
- 1:33:59[SPEAKER_07]: Dan made a good, uh, good episode on it.
- 1:34:01[SPEAKER_08]: Yeah, it was going to say, you know, Dan was talking about it recently.
- 1:34:05[SPEAKER_08]: It's something important.
- 1:34:05[SPEAKER_08]: Okay.
- 1:34:06[SPEAKER_08]: Cool.
- 1:34:06[SPEAKER_08]: You know, me, anything before 1960s really happened.
- 1:34:09[SPEAKER_08]: It's not real.
- 1:34:10[SPEAKER_08]: Sorry.
- 1:34:10[SPEAKER_09]: I'm going to be history again.
- 1:34:12[SPEAKER_09]: Uh, he was always willing to have a conversation or debate anything and then have a beer or a glass of wine with you afterwards.
- 1:34:18[SPEAKER_09]: He will be missed, cheers to you, Jeremy Bonnet.
- 1:34:23[SPEAKER_09]: We appreciate you listening on a day in and day out basis.
- 1:34:26[SPEAKER_09]: Go to iTunes, right?
- 1:34:28[SPEAKER_09]: Show a five-star and leave a quick review.
- 1:34:31[SPEAKER_09]: Also, head on over to Spotify.
- 1:34:33[SPEAKER_09]: It's just a five-star and you can walk away.
- 1:34:36[SPEAKER_09]: Videos free on YouTube.
- 1:34:37[SPEAKER_09]: It'll be free on Spotify tonight.
- 1:34:39[SPEAKER_09]: So yeah, enjoy it, dude.
- 1:34:42[SPEAKER_09]: High quality.
- 1:34:44[SPEAKER_09]: Way to go, Cooper.
- 1:34:45[SPEAKER_09]: It looks nice, dude.
- 1:34:48[SPEAKER_09]: Somebody was checking some of the shit at my house, some of the AC, and they popped up that video and Spotify, they were like, how do you get it to look?
- 1:34:55[SPEAKER_09]: This nice, and I was like, whoop, does that?
- 1:34:57[SPEAKER_08]: I take my job very serious.
- 1:34:58[SPEAKER_09]: We go, dude.
- 1:34:59[SPEAKER_09]: We there you go.
- 1:34:59[SPEAKER_09]: We appreciate it.
- 1:35:01[SPEAKER_09]: Going in the Ross Patterson Revolution next, kind of had our schedule shift here today.
- 1:35:06[SPEAKER_09]: What I said at the top of the show is true.
- 1:35:08[SPEAKER_09]: These calls about to diesel prices and gas and all that other shitter are daily.
- 1:35:13[SPEAKER_09]: So this was on me this morning, it was on calls, trying to figure this out.
- 1:35:17[SPEAKER_09]: And it is very, very cool, though, that everybody's helping each other out.
- 1:35:21[SPEAKER_09]: And,
- 1:35:22[SPEAKER_09]: It's just a collection of minds getting together going, okay, so how do we do this and this and what do you think about next week or this week or this week like you're literally starting to time it up by the day I'll put it this way there was a 20% Difference up this week and then down this week From the numbers and like a four day stretch and I'm just like whoa trying to guess that this is really really fucking hard out there for for all of us, but we're here
- 1:35:49[SPEAKER_09]: So, join us and we'll help try to walk you through it, and we love you.
- 1:35:54[SPEAKER_09]: For Dan and Nathan and Holloway, I'm Ross Patterson.
- 1:35:56[SPEAKER_09]: This is Drinking Bro's Fake News.
- 1:35:58[SPEAKER_09]: Good.