Latest / Yaron Brook Show / Iran War -- Capitulation?; Lebanon; NATO; Ukraine; Economy; CA Oil; Vax | Yaron Brook Show
Transcript
- 0:03Speaker 1: A lot of the fundamental principles of aldo lation, little
- 0:08Speaker 1: self interest, and the individual lots. This is the show.
- 0:21Speaker 1: Oh hey, everybody, welcome to your one book show on
- 0:23Speaker 1: this Friday. God, where did the week go? Friday, April tenth.
- 0:28Speaker 1: I hope everybody's having a phenomenal week. And yeah, looking
- 0:33Speaker 1: forward to the beginning of the weekend tonight. It's just
- 0:36Speaker 1: around the corner. All right. We got a lot to
- 0:40Speaker 1: talk about. And let me quickly tell you a little
- 0:44Speaker 1: bit about where I was this week. Southern California. Southern California,
- 0:49Speaker 1: attending Alex Epstein's conference. He runs a conference every year
- 0:54Speaker 1: for high level energy executives and Paul Titians. Uh and uh,
- 1:02Speaker 1: you know, finance guys who are interested in the energy space. Uh.
- 1:08Speaker 1: It's a day and a half confidence, very high end
- 1:13Speaker 1: in in a beautiful location and uh, Southern California lived
- 1:17Speaker 1: up to its amazing weather reputation. It was a It
- 1:21Speaker 1: was a fun confidence met a lot of people, got
- 1:23Speaker 1: to talk to a lot of people, and it was
- 1:27Speaker 1: good to see Alex. Of course we talked quite a bit.
- 1:32Speaker 1: We talked. We talked a little bit about AI. They
- 1:34Speaker 1: have got an amazing AI product Alex does, which you know,
- 1:39Speaker 1: I'm going to have to find a way to input
- 1:41Speaker 1: into the one book show and yeah things it was.
- 1:48Speaker 1: It was. It was enjoyable, very enjoyable, confidence and educational. Uh.
- 1:55Speaker 1: Chris Right, Energy Secretary gave a talk. It was very
- 1:58Speaker 1: uh in I mean, I guess he seems like a
- 2:02Speaker 1: quite a person and a really good guy, really energetic,
- 2:09Speaker 1: really passionate about what he does. So that was probably
- 2:12Speaker 1: one of the highlights. The other highlight was got the
- 2:19Speaker 1: CEO of A Boom was there and did a discussion
- 2:24Speaker 1: with Alex and then a young CEO of a defense company.
- 2:33Speaker 1: The guy's twenty two years old. He founded the company
- 2:36Speaker 1: at age nineteen after dropping out of MIT, I think,
- 2:40Speaker 1: and they're already building weapons systems so the Pentagon and
- 2:46Speaker 1: deploying them in place like Ukraine. Unbelievable. Twenty two years old.
- 2:50Speaker 1: Ethan Something, Ethan Something anyway, amazing, He was really inspiring.
- 2:56Speaker 1: Blake shows of course from Boom was reallypired inspiring for me.
- 3:00Speaker 1: Those are the best best sessions. Chris Hight and then
- 3:04Speaker 1: Blake Scholes and Ethan twenty two year old entrepreneur super
- 3:09Speaker 1: smart talking about weapons systems and building them and deploying
- 3:13Speaker 1: them and it's his Companies twenty two really really really amazing.
- 3:19Speaker 1: It reignites one's belief in the American system and in
- 3:30Speaker 1: entrepreneurship and American's ability to build and create and make stuff.
- 3:34Speaker 1: Americans are still out there pursuing great things. So Ethan Thornton,
- 3:40Speaker 1: thank you. White. Ethan Thornton was amazing, really really good guy.
- 3:44Speaker 1: So yeah, that was the confidence. I got to say
- 3:48Speaker 1: a few things about my views on the ceasefire, which
- 3:52Speaker 1: was good to get off my chest. I did do
- 3:56Speaker 1: a show one night when this is fire was announced.
- 3:59Speaker 1: They did do a show night to give you a
- 4:02Speaker 1: sense of my feelings, my thoughts about what was going on.
- 4:07Speaker 1: I'll give you more of that today and and and
- 4:11Speaker 1: just give you a sense. We will have a show
- 4:13Speaker 1: tomorrow which will also cover some of the news, and
- 4:20Speaker 1: then we will then possibly on Monday, and then it's
- 4:25Speaker 1: going to be day by day whether I can do
- 4:28Speaker 1: a show or not, depending on internet. Even Monday will
- 4:31Speaker 1: depend on internet, and then in my hotels, and then
- 4:36Speaker 1: whether I have a break during the day or at
- 4:38Speaker 1: night to do a show. So we will see as
- 4:41Speaker 1: we go along during the week. It's going to be rough.
- 4:45Speaker 1: The week following that we should get back on Hopefully
- 4:48Speaker 1: we'll get back on schedule. But yeah, not a lot
- 4:50Speaker 1: of shows this month, So those of you with withdrawal syndrome,
- 4:55Speaker 1: what can I say? You might have to get used
- 4:57Speaker 1: to it. That does mean that it's really really important
- 5:00Speaker 1: we make some of our goals. There's not going to
- 5:03Speaker 1: be a huge number of shows this month, but at
- 5:06Speaker 1: least the shows that we have, we need to try
- 5:08Speaker 1: to make the goals. So financially, this month is not
- 5:12Speaker 1: super penalizing, so value for value trade And of course
- 5:18Speaker 1: if you ask questions right now, you know I will
- 5:23Speaker 1: answer all of them. I thought criminal says, what the
- 5:26Speaker 1: hell is going on? Well, that's why you're here, that's
- 5:29Speaker 1: why you're listening to your one book show to find
- 5:31Speaker 1: out what the hell is going on. Anyway, today, negotiations
- 5:36Speaker 1: between the United States and Youan we're supposed to begin
- 5:40Speaker 1: in Pakistan in Islamabad. It is mind boggling that this
- 5:47Speaker 1: is even being discussed, that this is happening, and that's
- 5:50Speaker 1: happening in Pakistan in Islamabad. This is this is you know, truly,
- 6:02Speaker 1: you know, truly, you know horrific. Pakistan is not a
- 6:12Speaker 1: country that should be an ally of the United States.
- 6:15Speaker 1: It's not a country which we should be holding negotiation.
- 6:19Speaker 1: It's not a country we should be legitimizing. This is
- 6:22Speaker 1: a country that has helped the Islamist cause in a
- 6:24Speaker 1: variety of different ways over decades. Now it is not
- 6:29Speaker 1: a friend of the United States. It is enemy. Now.
- 6:32Speaker 1: We might want to hold out enemies close they have nukes,
- 6:36Speaker 1: we want to monitor them and control them, but this
- 6:39Speaker 1: is not the way to do it. Compromising them with
- 6:42Speaker 1: them is not the way to do it, and I
- 6:49Speaker 1: think it is. I think it is truly, truly horrific
- 6:56Speaker 1: that the United States is going to Pakistan to do
- 7:00Speaker 1: any kind of negotiations, and then for the Americans to
- 7:04Speaker 1: sit down with the Iranians to negotiate, to negotiate what
- 7:10Speaker 1: can be gained from negotiations. As I've said over and
- 7:15Speaker 1: over again, the only appropriate thing to be done with
- 7:18Speaker 1: this regime in Iran is its replacement. And the idea
- 7:22Speaker 1: that there's already been regime change in Iran, which Trump
- 7:25Speaker 1: keeps saying, is ludicrous. There's still a Supreme leader. He's
- 7:30Speaker 1: the son of the previous Supreme leader. This speak of
- 7:34Speaker 1: the House who now seems to be in control of
- 7:36Speaker 1: much of what's going on. Is a hard core IRGC,
- 7:39Speaker 1: former IOGC officer who's the same speak of the House
- 7:42Speaker 1: who used to be before. There's still ahead of the IRGC.
- 7:47Speaker 1: He's just as nutty and religious as the previous head
- 7:52Speaker 1: of the IRGC, which is what killed in the first
- 7:54Speaker 1: day of the war. That hasn't changed. The head of
- 7:59Speaker 1: the Judiciary who is now sending people to be hung
- 8:02Speaker 1: during the ceasefire, hundreds of Uranians are going to be executed.
- 8:07Speaker 1: It's still the same head of the judiciary there was
- 8:09Speaker 1: before this war. Nothing in the leadership of Iran has
- 8:13Speaker 1: changed other than is or As killed a bunch of them,
- 8:16Speaker 1: but they're all being replaced with people with very similar,
- 8:21Speaker 1: very similar ideas. The regime is the same regime. There
- 8:30Speaker 1: is zero indications at least that we have that the
- 8:35Speaker 1: people running around today are willing to compromise on anything,
- 8:40Speaker 1: or maybe they're willing to coupright on some things, but
- 8:43Speaker 1: not on the things they generated this one. Indeed, no
- 8:48Speaker 1: compromise should be acceptable. This is an evil regime. They
- 8:53Speaker 1: cannot be trusted with anything. They cannot be trusted upholding
- 8:57Speaker 1: any agreement, any of their words and of course, the
- 9:04Speaker 1: only way to guarantee the only way to guarantee no bomb,
- 9:09Speaker 1: no missiles program and U and no rebuilding, rebuilding, abilitary capabilities.
- 9:17Speaker 1: The only way to guarantee that is regime change. That
- 9:23Speaker 1: literally is nothing else other than regime change. How do
- 9:30Speaker 1: I benefit from higher prices? I pay gasoline prices just
- 9:33Speaker 1: like you do. And being accused of having a long
- 9:37Speaker 1: position in oil, No, I don't do inside of trading.
- 9:41Speaker 1: I think that's that's uniquely chump's capacity. But I have no.
- 9:45Speaker 1: I gets zero benefits from all prices going up. You know,
- 9:49Speaker 1: quite the contrary. Again, I pay, I pay for the
- 9:53Speaker 1: goods for the increased oil, the same as you do.
- 9:59Speaker 1: The reality is that the United States says nothing to
- 10:04Speaker 1: gain from you on for negotiating with you on and indeed,
- 10:09Speaker 1: to a logic extent this cease fire, it is defeat. No,
- 10:19Speaker 1: I'm not invested in oil. He's asking me for I
- 10:21Speaker 1: invested zero zilch, not a not a scent in oil.
- 10:26Speaker 1: I wish, I wish, but no, I You know, my
- 10:33Speaker 1: my investment strategy is very transparent. I am thoroughly diversified,
- 10:38Speaker 1: and my portfolio took hit like all of your portfolios
- 10:41Speaker 1: took at the beginning of the wool when stocks went down.
- 10:44Speaker 1: I'm overweighted in stocks, right, So now you know asking questions,
- 10:50Speaker 1: I'll answer them, he says, Oki Doki, you know in
- 10:53Speaker 1: an Oki dooky kind of I don't really believe you
- 10:55Speaker 1: kind of Wait all that's ignore him by very sitting
- 11:04Speaker 1: down with the Uranians and cutting the ceasefire. The United
- 11:09Speaker 1: States has acknowledged that it is not willing to and maybe,
- 11:15Speaker 1: which would really be horrific, doesn't have the capability of
- 11:20Speaker 1: using force to open the States of Homos, and that
- 11:24Speaker 1: is god that has massive geopolitical geopolitical implications. The idea
- 11:32Speaker 1: that the United States cannot or will not use force
- 11:35Speaker 1: to open up the States of Homos suggests to the
- 11:40Speaker 1: Chinese anybody else is watching who might want to start
- 11:43Speaker 1: controlling the shipping lanes in the world, or might want
- 11:46Speaker 1: to blow Kay Taiwan, don't go ahead. The United States
- 11:50Speaker 1: is not going to do anything about it. It's either
- 11:53Speaker 1: too cowardly or doesn't have the capabilities. Doesn't have the capabilities,
- 11:57Speaker 1: I don't think I actually don't think it's of capabilities.
- 12:01Speaker 1: I think it's a lack of will. I think it's
- 12:03Speaker 1: particularly a lack of will to take casualties. I think
- 12:06Speaker 1: what the Navy is basically told President Trump is, yeah,
- 12:10Speaker 1: we could open the Streets of Homos, but you would
- 12:13Speaker 1: have to put some troops on the ground, and we
- 12:15Speaker 1: will take casualties and there is a risk one of
- 12:19Speaker 1: our ships gets hit. Are you will need to do it?
- 12:22Speaker 1: And Trump basically said no, I'll kind of deal with
- 12:26Speaker 1: you on instead, even if I have to basically surrender,
- 12:31Speaker 1: which is what is going on right now. This is
- 12:35Speaker 1: how bad it is. They were forced to negotiate today
- 12:39Speaker 1: sit down in Pakistan today and it was postponed to tomorrow.
- 12:45Speaker 1: And it was postponed to tomorrow, not because the United
- 12:47Speaker 1: States came and said, you know you are you're not
- 12:50Speaker 1: fulfilling your side of the deal. The States of Homos
- 12:53Speaker 1: are still closed because they are they're still closed. I mean,
- 12:58Speaker 1: you get varying accounts of how many ships passed through
- 13:00Speaker 1: the Straits of Homos over the last few days, but
- 13:03Speaker 1: it's one or maybe ten. But basically, you know, the
- 13:09Speaker 1: States of Homos are closed, and all the ships that
- 13:13Speaker 1: are being allowed through the States of Homos are being
- 13:16Speaker 1: forced to go into Iranian waters and not traverse through
- 13:22Speaker 1: international waters. Iran is claiming to have mined the straits,
- 13:26Speaker 1: although nobody believes they really have, and therefore forcing all
- 13:30Speaker 1: the ships to follow a path that they approve of
- 13:33Speaker 1: a path where they might be taking a toll, a
- 13:36Speaker 1: two million dollar toll. So Iran is just capitalizing off
- 13:40Speaker 1: of this. They've already said they're not going to allow
- 13:43Speaker 1: more than maybe ten to fifteen ships a day, when
- 13:47Speaker 1: opening of the States of Homos means one hundred and
- 13:49Speaker 1: twenty one hundred and thirty ships a day. So they
- 13:52Speaker 1: are in violation of the ceasefire agreement. And yet the
- 13:59Speaker 1: then negotiations would delay today, not because the United States said, hey, Uranians,
- 14:04Speaker 1: you're in violation of the deal. No, quite topposite. It
- 14:12Speaker 1: is Iran that is postponing the negotiations because they're claiming
- 14:15Speaker 1: that the United States in a violation of the deal.
- 14:20Speaker 1: What is the violation The Iranians are claiming that they
- 14:26Speaker 1: that they were It was agreed that there would be
- 14:27Speaker 1: a ceasefire in Lebanon. We'll get to Lebanon in a
- 14:30Speaker 1: few minutes, in addition to a ceasefire over Iraq Iran
- 14:35Speaker 1: and as a precondition to the talks. Supposedly the United
- 14:40Speaker 1: States agreed to the unfreezing of Iranian assets. Yeah, that's
- 14:48Speaker 1: just that is. We'll talk about that in a minute.
- 14:54Speaker 1: So you want is saying until there's a ceasefying Lebanon
- 14:57Speaker 1: and until you unfreeze assets, we're not sitting down with you.
- 15:01Speaker 1: So the US is frantically trying to put pressure on
- 15:04Speaker 1: the United on Israel to stop bombing. There is my
- 15:10Speaker 1: line Lebanon, even though it was not a term of
- 15:12Speaker 1: the agreement according to the US. But the capituliney to
- 15:15Speaker 1: you on you won is getting everything they want. And
- 15:18Speaker 1: there are stories out there. I don't really believe these stories.
- 15:22Speaker 1: So I'm telling you this advanced where you will read
- 15:24Speaker 1: about this. There's stories out there that are basically saying
- 15:28Speaker 1: that the United States is unfreezing Iranian assets. We're talking about,
- 15:39Speaker 1: you know, seven billion dollars. I think huge quantities of
- 15:45Speaker 1: money that supposedly Let me just find the story. Huh,
- 15:55Speaker 1: I lost my bookmark? Where is it? Yeah? Well, let's
- 15:59Speaker 1: say I want to give you the number. I think
- 16:01Speaker 1: the number is in the story. But can you imagine
- 16:06Speaker 1: if this is actually true? I don't think it is.
- 16:09Speaker 1: I don't think the United States is that dumb or that.
- 16:11Speaker 1: I mean, as much as I think Trump is dumb,
- 16:14Speaker 1: I don't think that this bad. But no, that's not it.
- 16:22Speaker 1: What am I doing? Oh god? What's said that one
- 16:36Speaker 1: seven billion in fosen Uanian funds have supposedly been authorise
- 16:44Speaker 1: releasing those funds? You remember all the criticism of the
- 16:47Speaker 1: Obama administration for releasing funds you on. Now again, I
- 16:51Speaker 1: don't know if it's true, but this is what's being
- 16:54Speaker 1: reported that these funds are being released. Now, if that's true,
- 17:00Speaker 1: if funds are being released, then the United States basically
- 17:03Speaker 1: is declared a surrender to the Ranians. Now I don't
- 17:09Speaker 1: think they have so. Again, Uranians are not fulfilling their
- 17:14Speaker 1: part of the agreement. They have not opened up the
- 17:16Speaker 1: Straits of Homos. And this is not just me. Every
- 17:18Speaker 1: news organization out there saying this. Everybody is declaring this.
- 17:22Speaker 1: People who track the shipping through the straits are giving
- 17:25Speaker 1: you actual numbers. The Straits of Homos are still closed.
- 17:34Speaker 1: And yet it is the Trumpet administration that is trying
- 17:39Speaker 1: to appease the Iranians, not the other way around. We're
- 17:43Speaker 1: talking about the mightiest military force in human history. We're
- 17:47Speaker 1: talking about the largest, most capable navy in the world,
- 17:52Speaker 1: giving in to a bunch of barbaric dark ages, you know,
- 17:58Speaker 1: religious thugs, and letting them dictate the terms. Now, Trump
- 18:08Speaker 1: keeps getting upset about all the stuff's going on, and
- 18:11Speaker 1: he says this is in a tweet today, says the
- 18:14Speaker 1: Iranians don't seem to realize they have no cards other
- 18:17Speaker 1: than a short term extortion of the world by using
- 18:19Speaker 1: international waterways. The only reason they are alive today is
- 18:23Speaker 1: to negotiate. You don't understand, Donald Trump, how this works.
- 18:31Speaker 1: This is not a negotiation in a free market under
- 18:35Speaker 1: the principle of property rights, so the protection of the law.
- 18:44Speaker 1: This is a free country and an authoritarian, thuggish country
- 18:50Speaker 1: negotiating and by literally sitting down and negotiating with them,
- 18:56Speaker 1: you have given them all the cards. You have given
- 18:58Speaker 1: them sanction, you have given them the upper hand. It yeah,
- 19:09Speaker 1: it's this is from the speak of the House. The
- 19:15Speaker 1: Venian Parliament says in a tweet. Two of the measures
- 19:18Speaker 1: mutually agreed upon between the parties have yet to be implemented,
- 19:21Speaker 1: a CEASEFI and Lebanont, the release of Yuan's blocked assets
- 19:25Speaker 1: prior to the commensment of negotiations, these two matters must
- 19:28Speaker 1: be fulfilled before negotiation begin. I mean, if Trump and
- 19:32Speaker 1: his administration had an IODA of self esteem and IODA
- 19:37Speaker 1: of self respect and IODA of America first, and IODA
- 19:42Speaker 1: of reason and rationality and ioda not a lot, they
- 19:50Speaker 1: would immediately start bombing Iran and crushing it. They were
- 19:58Speaker 1: deploying Marie means into the straits of Homos, they were
- 20:03Speaker 1: deploying the Navy to take the straight. They would tell
- 20:06Speaker 1: them to go shove their negotiations, and they would be
- 20:10Speaker 1: in the process now of destroying this regime once and
- 20:15Speaker 1: for all. But according to the Wall Street Journal, it
- 20:23Speaker 1: is Iran just heading into the negotiation in a triumphant mood.
- 20:30Speaker 1: They think they've tested American powers, the limits of American power,
- 20:34Speaker 1: and they've emerged from the war in control of the
- 20:37Speaker 1: homeost straits. It's theirs. It wasn't theirs before. And they
- 20:46Speaker 1: think they can play Trump. They have no concerns now.
- 20:52Speaker 1: They might overplay that, they might piss him off, He
- 20:55Speaker 1: might resume, but they're playing games at this point. They're
- 21:02Speaker 1: letting in friendships. After mccorn criticized Trump, they let in
- 21:06Speaker 1: through a friendship, you know, they get to the side.
- 21:10Speaker 1: And this is the power trip right now. Who goes
- 21:13Speaker 1: through the straits and who doesn't. How America allowed them
- 21:16Speaker 1: to get into this position is so infuriated, it's so upsetting,
- 21:21Speaker 1: it's so ridiculous, it's so weak. And I told you
- 21:25Speaker 1: this before the war started. I told you this months
- 21:30Speaker 1: ago during the June war. I said the Straits of
- 21:34Speaker 1: Homos were the key, it's only card they have. And
- 21:38Speaker 1: the idea that America would go into this war without
- 21:42Speaker 1: taking that into account is insane. It is bizarre. No,
- 21:52Speaker 1: it's just Trump being Trump. It's Trump being the rational
- 21:56Speaker 1: thug that he is without an iota understanding of how
- 22:01Speaker 1: the world actually works. Earlier today, the House Economic Chief
- 22:09Speaker 1: Kevin Hassett said the Straits and Hoemoes could be reopened
- 22:12Speaker 1: in the next two months two months, and the traffic
- 22:20Speaker 1: is comingly running at about ten percent of normal pace. No,
- 22:22Speaker 1: it's not five percent. Maybe remember Trump's Eightril seven cease
- 22:29Speaker 1: fire was conditioned on to quote Trump complete immediate and
- 22:35Speaker 1: safe reopening of the streets. Heck Seth yesterday said that
- 22:41Speaker 1: the strait is open, which is a bold face lie.
- 22:47Speaker 1: And we need to really think about the fact did
- 22:54Speaker 1: the United States feel like it needs the line. America
- 23:02Speaker 1: has the power. What it lacks is the will to
- 23:06Speaker 1: use that power. Could you open the Homemost Straits Absolutely?
- 23:11Speaker 1: Would you take casualties? Yeah? Would it be hard, yeah, somewhat.
- 23:18Speaker 1: Could you do it quickly and overwhelmingly? Absolutely? The Ranian
- 23:22Speaker 1: military is incompetent and useless. We saw that with the
- 23:27Speaker 1: air defense system. The military is not better than that.
- 23:32Speaker 1: In the United States is not doing it. I mean
- 23:34Speaker 1: there's simple things they're not doing. They're not even bombing
- 23:39Speaker 1: the islands that are controlling the Straits. It's you know,
- 23:47Speaker 1: Trump's decision making is mind boggling. It's almost like he
- 23:52Speaker 1: wanted to fail. Yeah, Thomas says a great quote. This
- 24:04Speaker 1: is Thomas quote from uh, this is from Trump, February
- 24:07Speaker 1: twenty twenty. February twenty twenty, COVID has just been kind
- 24:12Speaker 1: of discovered or discovered or acknowledged. Let's say, and this
- 24:16Speaker 1: is Trump what Trump has to say in Februy twenty twenty.
- 24:19Speaker 1: COVID is going to disappear one day. It's just like
- 24:22Speaker 1: a miracle. It will disappear. We're doing a great job
- 24:25Speaker 1: with it and it will go away. Just stay calm.
- 24:28Speaker 1: It will go away. Yeah, the Ranians, they'll just don't
- 24:31Speaker 1: give me everything I want. Stay calm. They'll open up
- 24:34Speaker 1: the States of Homos. I'm sure they will. I know
- 24:36Speaker 1: they will, just like just like magic, the States of
- 24:39Speaker 1: Homos will open Indeed, States of Homos quote from Trump,
- 24:45Speaker 1: April twenty twenty six quote, when this conflict is over,
- 24:49Speaker 1: the states will open up naturally automatically. The United States
- 24:59Speaker 1: does not have three the carriers there. The Ford is
- 25:02Speaker 1: not there. It's an the Mediterranean and will not be
- 25:05Speaker 1: going there. I mean, that's a whole fiasco that the
- 25:08Speaker 1: Navy will have to deal with. Figure out exactly what
- 25:11Speaker 1: happened then, why it happened? This stole an aircraft carrier
- 25:14Speaker 1: on the way there that is not there yet. I
- 25:16Speaker 1: forget the name of the care So there's one carrier there,
- 25:20Speaker 1: But Maurids are there, eighty second airborne is there, Special
- 25:25Speaker 1: forces are there. Maybe they're not enough ships there. I
- 25:29Speaker 1: don't know. Well, why are they not enough ships? Why
- 25:32Speaker 1: was this not planned for in advance? Why was there
- 25:34Speaker 1: not expectation that this would happen. Why wasn't the States
- 25:39Speaker 1: of foremost number one on the list of things that
- 25:41Speaker 1: had to be done at the beginning of the war.
- 25:44Speaker 1: What's why wait, I mean the strategic matter in competence
- 25:54Speaker 1: here is truly unbelievable. I mean, give credit to Trump
- 25:58Speaker 1: for going to war, and then one hundred demerits for
- 26:03Speaker 1: not thinking how to waste this war. And I'm not
- 26:07Speaker 1: blaming the generals, although I don't know how much they
- 26:12Speaker 1: pushed against his decision making. But he is the commander
- 26:16Speaker 1: of a chief. Buck stops with him. The incompetence here
- 26:22Speaker 1: will be studied for generations. And I'm waiting for somebody
- 26:31Speaker 1: to defend Trump. Maybe there's somebody out there who will
- 26:34Speaker 1: defend Trump on this site, you know, I'm sure there is.
- 26:37Speaker 1: I'm sure there is. It's for d chess. Why would
- 26:40Speaker 1: we go to war when we can negotiate, say some
- 26:43Speaker 1: smart objectivists, I'm sure out there. When you know, negotiating
- 26:48Speaker 1: with evil? When does that ever, ever ever produce positive results?
- 26:53Speaker 1: In theory, it doesn't work, and in practice it doesn't
- 26:55Speaker 1: work because the moral is the practical. Note again, China
- 27:00Speaker 1: is watching. China is watching what they can learn. The
- 27:04Speaker 1: United States doesn't have mind sweepers. It's very difficult for
- 27:07Speaker 1: them to clear the minds. The United States does not
- 27:10Speaker 1: want to take casualties. The risk and threat of casualties
- 27:16Speaker 1: stops military action. The United States will not deploy its
- 27:23Speaker 1: carriers too close to shore because they're so afraid of
- 27:28Speaker 1: getting hit. The United States has no real solution in
- 27:36Speaker 1: a short run, at least for drone swarms or even
- 27:42Speaker 1: for small swarms of drones. Never mind the kind of
- 27:45Speaker 1: drone swarms that Chinese could put into the air. I
- 27:50Speaker 1: mean this will emboldened China. Now you know, supposedly the
- 27:59Speaker 1: United States is still flying in military assets into the area,
- 28:02Speaker 1: so Trump is still planning further military operations. We can
- 28:07Speaker 1: only hope that the Iranians behave so badly during these
- 28:11Speaker 1: negotiations that as much as Trump is willing to compromise
- 28:17Speaker 1: and appease, nothing will satisfy the Iranians, and that are
- 28:21Speaker 1: forced Trumps hand into continuing the war. So my hopes
- 28:26Speaker 1: lie in the arrogance fanaticism of the of the Iranians,
- 28:32Speaker 1: because my hope is this war continues. Troops are moving
- 28:36Speaker 1: into the region. Trump is, in his own very crude
- 28:41Speaker 1: offensive way, trying to rally allies to form some kind
- 28:47Speaker 1: of alliance to open up the straits. Remember I said
- 28:53Speaker 1: that the best way to open the states of homos
- 28:55Speaker 1: is to form an international alliance. That was less than
- 29:00Speaker 1: a week after exactly a week after the war started.
- 29:04Speaker 1: We're now five weeks in. Trump is fumbling in that direction.
- 29:11Speaker 1: When he met with the head of NATO, General Mark
- 29:17Speaker 1: Route earlier this week, he asked that NATO members participate
- 29:24Speaker 1: make commitments to a strait of almost framework. Route is
- 29:29Speaker 1: trying to get the NATO members on board. On the
- 29:34Speaker 1: other hand, it looks like France, for example, is trying
- 29:40Speaker 1: to kind of deal on the side with the Iranians
- 29:44Speaker 1: rather than joining Trump. And again, Trump is so alienated
- 29:47Speaker 1: Europe with the Greenland Bs and not consulting them at
- 29:52Speaker 1: all about this war that they're likely to sit it
- 29:56Speaker 1: out and he is likely to. I mean again, the
- 30:01Speaker 1: Chinese are watching. Does the United States have any allies? Japanese,
- 30:06Speaker 1: the South Koreans? Will they join? Will they join? Around Taiwan?
- 30:14Speaker 1: The world is watching, and what they're seeing is American weakness.
- 30:19Speaker 1: What they're seeing is an administration incapable of thinking cowardly,
- 30:26Speaker 1: no commitment. So we'll see what the Europeans decide to do. Yeah,
- 30:36Speaker 1: we talked about the frozen assets. Yep, Finally it just
- 30:44Speaker 1: does a side kind of story. I saw this story,
- 30:47Speaker 1: I thought it was interesting. There is talk in Saudi
- 30:50Speaker 1: Arabia and UAE building a canal that basically goes from
- 30:56Speaker 1: the Persian Gulf direct into the Gulf of Oman that
- 31:00Speaker 1: skips over the Straits of Hormuz. This would be a
- 31:04Speaker 1: multi year, massive construction project, probably you know, costing over
- 31:10Speaker 1: one hundred billion dollars, but it would provide a passage
- 31:15Speaker 1: that goes around outside of the ability of the Uranians
- 31:18Speaker 1: to control it, although of course they could say drones,
- 31:22Speaker 1: you know, so they could still subvert it. And think
- 31:28Speaker 1: about one hundred billion dollars to get a canal when
- 31:31Speaker 1: you've got a perfectly, perfectly well functioning straight right now,
- 31:36Speaker 1: you just have to defeat the enemy. What a thought,
- 31:40Speaker 1: actually winning a war. It seems like the United States
- 31:45Speaker 1: has really developed the skill, has really worked hard on
- 31:48Speaker 1: developing the skill of losing, losing even when even when
- 31:59Speaker 1: they have the upper hand, even when militarily victories should
- 32:03Speaker 1: be easy. All right. So one of the conditions of
- 32:10Speaker 1: the Iranians, or the conditions of stating the Ranians are
- 32:14Speaker 1: statium is a ceasefire in Lebanon. Right now, Israel is
- 32:18Speaker 1: engaged in a war in Lebanon with the idea of
- 32:23Speaker 1: creating a buffer zone in the south of Lebanon that
- 32:27Speaker 1: is clearing basically much of the civilian population and all
- 32:32Speaker 1: of Risbela out of southern Lebanon, displacing hundreds of thousands
- 32:37Speaker 1: of people out of the villages and the villages that
- 32:40Speaker 1: are close to the Israeli border that are being used
- 32:44Speaker 1: to shoot at Israel, farm that have been used to
- 32:47Speaker 1: build tunnels that could come out in Israel. Those villages
- 32:52Speaker 1: are now being flattened. Literally every building in that village
- 32:56Speaker 1: has disappeared. It's this complete, complete Scots truth. The people
- 33:02Speaker 1: are gone, the villages, the structures all being flattened completely,
- 33:07Speaker 1: and the expectation is Israel's expectations. People will never live
- 33:11Speaker 1: there again because by living there they are providing human
- 33:15Speaker 1: shields and providing support for Risabela's attacks on Israel. So
- 33:20Speaker 1: Israel's clearing out the south all the way to the
- 33:23Speaker 1: Litani River. In the past, I've showed your map, showed
- 33:26Speaker 1: you where the Litani River is. I'll probably do it
- 33:28Speaker 1: again in the next few days, next few weeks, show
- 33:32Speaker 1: you exactly what's going on. In addition, Israel is trying
- 33:36Speaker 1: to destroy Risbela's capabilities to wage war against it in
- 33:43Speaker 1: the rest of Lebanon. The Risabella has its headquarters and
- 33:47Speaker 1: its command control in bi Woods in the city. Inside
- 33:50Speaker 1: the city, particularly in one area dominated by the Shiites,
- 33:55Speaker 1: which is in south in Western Baywoods and South Bay Southwest,
- 34:02Speaker 1: and then in the Bakka Valley, which is in the
- 34:03Speaker 1: east of Lebanon. They have bases, they have storage facilities,
- 34:07Speaker 1: they have weapons, and even in the north they have
- 34:11Speaker 1: the storage facilities. Anyway, the day before yesterday, the day
- 34:15Speaker 1: the day of the ceasefire, is all launched. What is
- 34:20Speaker 1: one of the most stunning military operations that really anybody
- 34:24Speaker 1: who's ever seen again one of these operations that Israel
- 34:28Speaker 1: is engaged in, and there've been quite a few over
- 34:30Speaker 1: the last few years, that will be studied in war
- 34:33Speaker 1: colleges for a long long time. It is all hit
- 34:37Speaker 1: one hundred targets, one hundred targets all over leban It simultaneously.
- 34:43Speaker 1: All of them will hit within ten minutes. There were
- 34:48Speaker 1: cross be routes, several places in Beyroute, the Bakka Valley
- 34:54Speaker 1: as well as southern Lebanon. These targets included main command
- 34:59Speaker 1: centers to structures used by Isbela commanders and multiple terror
- 35:04Speaker 1: infrastructure sites used by top Riswela operatives. About one hundred
- 35:11Speaker 1: and eighty Risbela senior officials were killed. Is what compares
- 35:19Speaker 1: this to the Beeper attack in its devastating effects on Risbella.
- 35:27Speaker 1: It was all done, all done, you know, again, in
- 35:33Speaker 1: a ten minute window from the air. These airplanes that
- 35:36Speaker 1: were not going to Iran because of the ceasefire, they
- 35:39Speaker 1: could focus on Lebanon, all synchronized and attacking command and
- 35:46Speaker 1: control centers and locations that Risbela had no clue Israel
- 35:51Speaker 1: knew anything about, and doing it in a way that
- 35:58Speaker 1: prevented them from getting away, from from realizing that they
- 36:01Speaker 1: wanted to attack and getting away somewhere because of the
- 36:04Speaker 1: intensity and uh, the intensity of it and the simultaneous
- 36:10Speaker 1: nature of the whole thing. Yeah, so yes, uh the
- 36:29Speaker 1: the uh again, the the the operational details of this
- 36:35Speaker 1: are all pretty stunning and uh, you know, this will
- 36:40Speaker 1: again go down as one of the most amazing attacks,
- 36:44Speaker 1: uh coordinated attacks ever by an air force. Uh and
- 36:48Speaker 1: uh the intelligence that makes this possible again is stunning
- 36:53Speaker 1: and amazing at the same time. Is will continues to
- 37:00Speaker 1: basically destroy whatever capabilities Risbela still has in southern Lebanon,
- 37:06Speaker 1: you know, south of the Bacca Valley. And you know,
- 37:13Speaker 1: remember that the Lebanese military had committed itself to clearing
- 37:20Speaker 1: out southern Lebanon from Grisbela, and yet it turns out
- 37:25Speaker 1: there's still massively there. They still got incredible infrastructure and
- 37:28Speaker 1: weapons systems and everything else. So the Lebanese army is
- 37:36Speaker 1: incapable of doing their job. Israel has to do it itself.
- 37:41Speaker 1: Nobody else is going to do it for the Israelis.
- 37:46Speaker 1: As I said, it does look like there will be
- 37:49Speaker 1: a ceasefire in Lebanon because of American pressure, but also
- 37:53Speaker 1: for the first time Israel and Lebanon are going to
- 37:57Speaker 1: have I mean really, for the first time ever ever,
- 38:03Speaker 1: Israel and the Lebanon are going to negotiate face to face.
- 38:07Speaker 1: The negotiation is going to happen. This is the Lebanese
- 38:09Speaker 1: government in at Washington, DC on Tuesday, and with the
- 38:17Speaker 1: idea of focusing on a long term cease fire, disarming
- 38:22Speaker 1: of Risbella and normalization of relations. That is a piece
- 38:28Speaker 1: deal ultimately between Jerusalem and Beirut. I mean, this has
- 38:32Speaker 1: historic significance. This is only possible because of Israel's strength
- 38:39Speaker 1: and the fact that they are so dominant in the region,
- 38:43Speaker 1: the fact that they have weakened Chrisbella to an extent
- 38:47Speaker 1: where the Lebanese can even afford to meet with the
- 38:53Speaker 1: Israelis without fearing a civil war inside Lebanon. Indeed, one
- 38:58Speaker 1: of the reasons for the attack the other day on
- 39:00Speaker 1: the one hundred different locations was the idea that Krisbela
- 39:04Speaker 1: was planning a coup against the Lebanese government. And one
- 39:09Speaker 1: of the reasons the Lebanese government is not condemning this
- 39:12Speaker 1: attack on Chrisbella, which quite a few civilians got killed
- 39:15Speaker 1: as part of it, is because they were probably saved
- 39:19Speaker 1: by it. Prisbella and the Sites were conspiring to have
- 39:25Speaker 1: a coup against the current regime in Lebanon. So the
- 39:32Speaker 1: hope is that some kind of combination of Israel and
- 39:36Speaker 1: Lebanon will be able to this Mrisbellah and to this
- 39:49Speaker 1: a Krisbella and then of course hopefully established peaceful relationship
- 39:56Speaker 1: was Israel for all that to happen. Really, regime change
- 40:01Speaker 1: in Iran needs to happen as long as this current
- 40:04Speaker 1: regime stays in lab in Iran. They will keep funding
- 40:09Speaker 1: terrorist organizations and places like Lebanon to undermine any attempt
- 40:14Speaker 1: at normalcy, any attempt at normalizing relationships with Israel. And
- 40:19Speaker 1: for Lebanon, which used to be it was considered, you know,
- 40:23Speaker 1: be Root was considered the Paris of the Middle East.
- 40:25Speaker 1: This is a secular, beautiful city with nightlife and a
- 40:30Speaker 1: real and business and banking and a real thriving place.
- 40:34Speaker 1: To get back to that that goes against kind of
- 40:37Speaker 1: the religious fanaticism of Rizabella. And if you want Iran
- 40:43Speaker 1: has to be the regime there has to go for
- 40:47Speaker 1: the really to be peace between Israel. This is why
- 40:49Speaker 1: I've said regime change in Iran is a Jew political
- 40:56Speaker 1: the biggest Jew political event since the Fallable in the Wall,
- 41:01Speaker 1: and maybe bigger than that, because the implications for peace
- 41:05Speaker 1: and the releast the implications for Islamism internationally, Islamism in Europe,
- 41:10Speaker 1: Islamism in Asia, this would be massive and so close,
- 41:23Speaker 1: so fringing close, and the Trump blew it, and the
- 41:27Speaker 1: Trump is blowing it is so infuriating. It's so infuriating.
- 41:34Speaker 1: You know, the problems of the world are not that
- 41:38Speaker 1: hard to solve. If only there was somebody listening. If
- 41:43Speaker 1: only there was somebody executing. It doesn't seem to be though. Compromise, appeasement, signing,
- 41:56Speaker 1: deals with the devil. That's all these people know. And
- 42:01Speaker 1: you know and and and this is Nteniello in the past,
- 42:06Speaker 1: and you remember, not that long ago, six months ago,
- 42:08Speaker 1: Natanniello said there's no Risbance other than Lebanon. We've kicked
- 42:11Speaker 1: him out, a bull faced lie. But that's that's who
- 42:16Speaker 1: we're dealing with. Nintenniello, who is appeased, compromised, kick the
- 42:20Speaker 1: can down the road for fifteen years. Now. He's a
- 42:25Speaker 1: little better now, but he still cannot be trusted, cannot
- 42:30Speaker 1: be believed. He's still the same politician who will try
- 42:35Speaker 1: to manipulate you and pretend he's a tough guy when
- 42:38Speaker 1: he's not. It really is sad that he is still
- 42:45Speaker 1: in such a significant position in Israel. All Right, we
- 42:53Speaker 1: will see what happens with us. He's flying Lebanon. I
- 42:57Speaker 1: expect it to happen now. I also hope that we
- 43:02Speaker 1: see it complete Israeli control through the Litani River, not
- 43:10Speaker 1: just a zone close to the border, but all the
- 43:14Speaker 1: way to the Litani River, and then and ongoing commitment.
- 43:21Speaker 1: You know. One of the things that Israel has done
- 43:22Speaker 1: is it's bombed all the bridges over the river, so
- 43:25Speaker 1: that isbel I can't come back in. They have to
- 43:29Speaker 1: keep super vigilant. Thatsbella. The other ways for Isbelle to
- 43:33Speaker 1: get there that don't evolve crossing the river. They have
- 43:36Speaker 1: to continuing to be vigilant and be ready to use
- 43:41Speaker 1: massive force against Gisabelle at every opportunity, every opportunity. Uh,
- 43:52Speaker 1: I don't want that there. All right, Let's see what
- 43:59Speaker 1: else did I want to do here? Yeah, we talked
- 44:02Speaker 1: about this. Yeah, all right, that is uh, that is
- 44:11Speaker 1: Lebanon close that you know, NATO these days is on
- 44:21Speaker 1: the ropes. Trump has threatened again to leave NATO and
- 44:27Speaker 1: uh uh, you know he he met with Route earlier
- 44:32Speaker 1: this week, and one of the fears was that he
- 44:34Speaker 1: was going to tell Route that the US is leaving NATO.
- 44:36Speaker 1: I don't think he quite told him that. Trump is
- 44:40Speaker 1: always using that as a threat more than he is
- 44:42Speaker 1: is actually something he's actually going to do. But NATO
- 44:50Speaker 1: is on the ropes. And it's not clear if Russia
- 44:53Speaker 1: invaded Estonia tomorrow whether the United States would come to
- 44:56Speaker 1: Estonia's help and whether you're wouldn't have to do without NATO.
- 45:02Speaker 1: And indeed, I think in an interview I think it
- 45:06Speaker 1: was yesterday, Zelenski suggested that Europe needs to plan for
- 45:12Speaker 1: a scenario where the United States is no longer a
- 45:16Speaker 1: gaven toll of European safety, particularly with regards to the
- 45:20Speaker 1: Russians and the and he suggested a new if you
- 45:30Speaker 1: were a military alliance or a new military coordination in
- 45:36Speaker 1: defense of Europe that included EU, included the countries of
- 45:39Speaker 1: the EU, but in addition to four other countries that
- 45:43Speaker 1: are not part of the EU officially, but there would
- 45:46Speaker 1: be crucial and important for such a defense capabilities EU
- 45:56Speaker 1: plus Ukraine TOOKI I'm scared to go about Turki, but
- 46:01Speaker 1: this is Zolenski. Tooky's been relatively friendly to Zelenski. No
- 46:05Speaker 1: Way and the United Kingdom remember no Way in the
- 46:08Speaker 1: United Kingdom are not part of the EU. Now, as
- 46:12Speaker 1: I've said many times, such an alliance could easily defeat
- 46:17Speaker 1: the Russians. It would require weapons from the United States,
- 46:22Speaker 1: so the United States couldn't turn off the F thirty fives.
- 46:26Speaker 1: But as long as the United States didn't oppose the
- 46:28Speaker 1: war and was willing to support the war far far
- 46:33Speaker 1: of course, like this, EU plus Ukraine plus Turkey plus
- 46:37Speaker 1: no Way plus the UK could take the Russians, I
- 46:40Speaker 1: think easily, not just take them, but take them easily. Indeed,
- 46:45Speaker 1: as I've said many times, I think Poland by itself,
- 46:49Speaker 1: a member of the EU, could defeat the Russian military.
- 46:55Speaker 1: And I think it's time that in new military alliance
- 46:59Speaker 1: before I think Europe should ask the United States should
- 47:03Speaker 1: leave NATO, and and that they're now. The US is
- 47:11Speaker 1: going to have a hard time without NATO. It needs,
- 47:15Speaker 1: you know, as we discovered with this Uranian story, it
- 47:20Speaker 1: needs the bases in Europe to be able to project
- 47:23Speaker 1: force into the RELEASED. But the United States has proved
- 47:28Speaker 1: to be a completely unreliable partner. And look, people say,
- 47:33Speaker 1: people say, yeah, Trump's an aberration and things will get
- 47:40Speaker 1: normal after Trump gets out. Why should anybody believe that,
- 47:47Speaker 1: like over fifty percent of the American people voted for
- 47:53Speaker 1: Trump knowing who he was or what he was. And yes,
- 48:01Speaker 1: once he's in office they regret it, but they voted
- 48:04Speaker 1: for him. Why would anybody trust American people not to
- 48:09Speaker 1: do that? Again, not in the case of trumpet some
- 48:12Speaker 1: other incompetent buffoon. I mean, the American people clearly cannot
- 48:23Speaker 1: be trusted to elect a president who you know as
- 48:32Speaker 1: command of chief of the mightiest military force in the world,
- 48:36Speaker 1: and who other countries rely on. So why would they
- 48:48Speaker 1: trust the United States? Moving into the future, And when
- 48:51Speaker 1: they look at JD. Vans and they look more broadly
- 48:54Speaker 1: at the New Right, what they see is a massive
- 48:58Speaker 1: swing against Europe. So it's time for the Upeans to
- 49:03Speaker 1: form their own defense alliance. Whether they won't include Turkey
- 49:06Speaker 1: or not, No way, Finland, Sweden, all the countries of
- 49:13Speaker 1: the EU, the UK and certainly the Ukraine. That's it.
- 49:19Speaker 1: Forget about Ukraine, join NATO. Have Ukraine joined this new
- 49:23Speaker 1: defense alliance and position yourself to confront Russia. And if
- 49:33Speaker 1: you took that seriously and it was willing to develop
- 49:36Speaker 1: their weapons systems and to deploy resources towards defense, and
- 49:42Speaker 1: a lot of European countries have shown the willingness to
- 49:44Speaker 1: do that, they could beat Russia easily. Russia is a
- 49:49Speaker 1: smaller economy, much smaller population than Europe, much much much
- 49:56Speaker 1: much much poorer GDP per capita or totally GDP much smaller.
- 50:02Speaker 1: So even if Europe spends a lot less on military
- 50:05Speaker 1: than Russia does. It still could have a lot more
- 50:07Speaker 1: money going into the military and still and of course
- 50:10Speaker 1: Europe is free. It has more innovation, it has better
- 50:13Speaker 1: weapons systems, it can still buy from the United States.
- 50:18Speaker 1: It's time for Europe to declare its independence from the
- 50:22Speaker 1: United States, militarily, develop its own nuclear capabilities, its own
- 50:28Speaker 1: air defense capabilities, and protect itself against against Russia. You know,
- 50:35Speaker 1: it's time that they stop depending on the US, partially
- 50:39Speaker 1: because the US is no longer dependable. In the meantime,
- 50:44Speaker 1: Ukraine is doing amazing things against the Russians. They're deploying
- 50:49Speaker 1: drones and they new long range is that a krus
- 50:53Speaker 1: missile ballistic missile. I con'try remember to strike oil assets
- 50:59Speaker 1: Russian and oil assets all over Russia over a one
- 51:02Speaker 1: thousand miles deep. Just yesterday they attacked a drilling platforms
- 51:10Speaker 1: in the Caspian Sea a thousand kilometers from the border.
- 51:18Speaker 1: They destroyed these. They've already destroyed export terminals in two
- 51:25Speaker 1: Russian ports on the Baltic Seat, also about one thousand
- 51:29Speaker 1: kilometers away from the Ukrainian border. They've attacked assets deep
- 51:34Speaker 1: inside Russian territory and As the Ukrainians developed the capability
- 51:39Speaker 1: for longer range missiles, they will be attacking more and
- 51:43Speaker 1: more of Russia's capabilities. On the ground, Russia's Spring offensive
- 51:50Speaker 1: has gone nowhere. It is halted. Russia is taking massive
- 51:55Speaker 1: casualties as part of that offensive. In the meantime, this year,
- 52:00Speaker 1: Ukraine has gained more ground than it has lost. It's
- 52:05Speaker 1: taking back some of its territory. It's not overwhelming and
- 52:10Speaker 1: it doesn't have i think the sized force to break through,
- 52:18Speaker 1: but it is making real gains. Russians are surrendering at
- 52:22Speaker 1: the front again. The Russian offensive has been halted, and
- 52:29Speaker 1: primarily by the use of technology, because they don't have
- 52:32Speaker 1: the troops. Primarily by the use of technology. You're seeing
- 52:36Speaker 1: not only drones in the sky, you're seeing drones in
- 52:39Speaker 1: the water. That's how they've basically taken over the Black Sea.
- 52:43Speaker 1: And you're seeing now drones on the battlefield. You're seeing
- 52:46Speaker 1: these like little kind of robots with big machine guns
- 52:50Speaker 1: on them on the front line mowing down Russians. So
- 53:05Speaker 1: things are going well on the Ukrainian Russian in the
- 53:10Speaker 1: Ukrainian Russian War, you know, could be going much better,
- 53:14Speaker 1: but they're going relatively well, Ukraine is way out performing
- 53:18Speaker 1: all expectations, and really the Americans should be embarrassed to
- 53:25Speaker 1: not be supporting the winner, the Ukrainians and their success.
- 53:32Speaker 1: It really is pathetic, pathetic losing the war tion and
- 53:38Speaker 1: not supporting the Ukrainians. That is quite a combination. Quite
- 53:42Speaker 1: a victory for Trump' spam policy. Amazing. All right, a
- 53:49Speaker 1: couple of other stories. Let's see a bunch of economic
- 53:52Speaker 1: data came out the NICT couple of days. First, the
- 53:57Speaker 1: University of Michigan has this consume the sentiment that they measure.
- 54:01Speaker 1: They measure how confident consumers are in their lives and
- 54:06Speaker 1: in their spending right, it's a consumer confidence, so the
- 54:09Speaker 1: ability to spend money, to go out there and spend
- 54:12Speaker 1: so it is a reflection of people's attitude, economic attitudes,
- 54:18Speaker 1: and economic confidence. Well, the latest number they came out
- 54:22Speaker 1: for April shows the lowest level level ever recorded. They've
- 54:28Speaker 1: been recording this since nineteen fifty two. Nineteen fifty two,
- 54:34Speaker 1: it's the lowest level ever recorded, lower than it was
- 54:40Speaker 1: during COVID, lower than it was during the inflation that
- 54:44Speaker 1: followed COVID, the price inflation CPI inflation. I mean, people
- 54:51Speaker 1: are not happy not confident, not eager to go spend,
- 54:56Speaker 1: which means they're not particularly confident in their own job
- 55:00Speaker 1: and the ability to produce, in their on ability to
- 55:02Speaker 1: make money. They're scared of the kind of what we're
- 55:06Speaker 1: heading to economically. People are worried. This is not a
- 55:10Speaker 1: good place for the economy to be. I mean, to
- 55:14Speaker 1: some extent, consumer confidence never fully recovered from COVID, but
- 55:20Speaker 1: this is way below it was just a year ago
- 55:23Speaker 1: under Biden, where everybody is complaining, and yet people felt
- 55:27Speaker 1: a lot better than they do now. This is the
- 55:30Speaker 1: lowest level ever again since nineteen fifty two. This morning,
- 55:38Speaker 1: just a you know, make sure people's confidence doesn't increase,
- 55:43Speaker 1: doesn't increase from this point. This morning CPI Consumer Price
- 55:48Speaker 1: Index was reported and it is at the highest level
- 55:52Speaker 1: that we've seen in two years, three point three percent
- 56:00Speaker 1: in March. It's the first report we've had since the
- 56:05Speaker 1: beginning of the war, and it's the highest level of
- 56:09Speaker 1: again price inflation CPI is measured by CPI in two years.
- 56:17Speaker 1: This is after the promises of inflation is coming down.
- 56:20Speaker 1: Trump would would lower prices, the economy would boom, the
- 56:25Speaker 1: Great Golden Age. Now a lot of this is gasoline prices.
- 56:33Speaker 1: A lot of this is gasoline prices, but not all
- 56:36Speaker 1: of it. Coinflation, which does not include which does not
- 56:44Speaker 1: include gasoline, was up two point seven So if you
- 56:51Speaker 1: take that food and energy price is throwing up two
- 56:53Speaker 1: point seven again, much higher than the FED goal of
- 56:58Speaker 1: two percent. Energy prices went up to twelve point five percent. Again,
- 57:04Speaker 1: I don't say that inflationary because that's a supply shock.
- 57:08Speaker 1: Inflation is primarily is driven by demand, not by supply,
- 57:13Speaker 1: so kind of sustained inflation. This is just relative prices.
- 57:17Speaker 1: Moving transportation, for example, went up four point one percent
- 57:22Speaker 1: because of the fuel cost increase. Now good numbers. It
- 57:27Speaker 1: also means that the Federal Reserve will probably, given how
- 57:31Speaker 1: they think about inflation, will probably not reduce interest rates,
- 57:34Speaker 1: which are really pissed Donald Trump off, because they will say, no,
- 57:39Speaker 1: I mean, if this inflation, we should increase interest rates,
- 57:42Speaker 1: which I don't think is the right thing to do,
- 57:44Speaker 1: but they might do that. Even though Fitchamper's term is
- 57:55Speaker 1: about to expire lowing interestates, they will not. And anytime
- 58:01Speaker 1: weage growth is basically mostly being eaten up by inflation.
- 58:06Speaker 1: By cost of living increases, Wages went up three point
- 58:10Speaker 1: five percent in April. Sorry, in March, inflation CPI was
- 58:17Speaker 1: up two point three percent. This is over a twelve
- 58:20Speaker 1: month period, so you're not getting compensated for the increased inflation.
- 58:27Speaker 1: And on top of that, a few days ago GDP,
- 58:32Speaker 1: they looked back at Q four GDP. Remember originally Q
- 58:37Speaker 1: four GDP we were told was this amazing two point
- 58:42Speaker 1: eight percent annualized two point eight percent, and then it
- 58:46Speaker 1: was revised to point seven percent, and now it's been
- 58:50Speaker 1: revised two point five percent. So economy stumbling, consumer sentiment, tumbling,
- 59:08Speaker 1: prices increasing, not a good package for the new Golden
- 59:14Speaker 1: Age of America. Right, Yeah, this is a really interesting
- 59:29Speaker 1: story about California oil. You know, gas prices. I was
- 59:34Speaker 1: just in California and gas prices unbelievable. I mean, the
- 59:37Speaker 1: average is five point ninety three dollars a gallon five
- 59:40Speaker 1: point ninety three dollars a gallon, but in many places
- 59:43Speaker 1: it is well over six and if you need diesel,
- 59:48Speaker 1: it's way above that. This is about one point seventy
- 59:52Speaker 1: five dollars above the national average, just to look at averages,
- 59:56Speaker 1: but of course someplace is quite a bit lower than that. Now,
- 59:59Speaker 1: part of that is the fact that California has a
- 1:00:02Speaker 1: lot of taxes on top of gasoline. The taxes at
- 1:00:05Speaker 1: one point one dollars one point one dollar on a
- 1:00:09Speaker 1: gallon of gases, just taxes, and that has to do
- 1:00:13Speaker 1: with you know, gasoline taxes is supposed to go into
- 1:00:18Speaker 1: highway stuff and then uh, fuel standard requirements and stuff
- 1:00:22Speaker 1: like that. But on top of that, California, which used
- 1:00:28Speaker 1: to be an export of oil, no longer no longer
- 1:00:34Speaker 1: really drills for oil. Uh some of it is the
- 1:00:40Speaker 1: oil fields are aging, but oil fields are aging in
- 1:00:43Speaker 1: Texas as well. That's what fracking is for. So fracking
- 1:00:46Speaker 1: has been banned in most places in California. Regulations are
- 1:00:53Speaker 1: super intense. It's very difficult to drill well in California.
- 1:00:59Speaker 1: And why bother there with all the regulations and all
- 1:01:02Speaker 1: the controls and all the taxes and everything else when
- 1:01:06Speaker 1: you can go to the premium basein in Texas and
- 1:01:09Speaker 1: drive for a fraction of the cost. So companies are
- 1:01:13Speaker 1: leaving California and going to drill elsewhere. Chevron, which was
- 1:01:19Speaker 1: a California company was headquartered I think in San Francisco
- 1:01:23Speaker 1: in twenty twenty four, moved to Houston. I mean, why wouldn't.
- 1:01:26Speaker 1: It's insane to be a fossil fuel company headquartered in California,
- 1:01:32Speaker 1: which hates fossil fuels. Now since two thousand, about a
- 1:01:38Speaker 1: dozen refineries, so not only don't they have crude oil,
- 1:01:43Speaker 1: they don't have any refining capabilities in California. A dozen
- 1:01:47Speaker 1: refiners in the state of close since two thousand because
- 1:01:50Speaker 1: the oil is not there, and we'll get to why
- 1:01:53Speaker 1: they're not pumping it in from other states, but mostly
- 1:01:57Speaker 1: because of the high cost of complying with California fuel
- 1:02:00Speaker 1: standards and climate policies. It just doesn't make any sense.
- 1:02:06Speaker 1: It's not profitable to run. Never find you in California anymore,
- 1:02:10Speaker 1: so they don't environment mental regulations, driving produces out of
- 1:02:15Speaker 1: the state, and those who remain, you know, basically ramped
- 1:02:23Speaker 1: up the costs because they can't afford to stay otherwise
- 1:02:29Speaker 1: the only way they can stay is with higher costs.
- 1:02:32Speaker 1: As a consequence, California gets most a big chunk of
- 1:02:37Speaker 1: its refined products from almost all of it from outside
- 1:02:43Speaker 1: of the state, and much of it from outside of
- 1:02:45Speaker 1: the country. California gets twenty percent of its jet fuel
- 1:02:50Speaker 1: from South Korea. It imports more than twenty five of
- 1:02:55Speaker 1: its gasoline from out of the country, two thirds of
- 1:03:04Speaker 1: it coming from South Korea, India and Taiwan. Now why
- 1:03:09Speaker 1: is this well because it refused and has refused to
- 1:03:16Speaker 1: build pipelines to being oil in from Texas or from
- 1:03:22Speaker 1: other places where it's being drilled or it's being you know, pumped,
- 1:03:29Speaker 1: the pipelines all over the place. But California doesn't believe
- 1:03:33Speaker 1: in pipelines environmental it could be dirty. What if there's
- 1:03:38Speaker 1: an accidents. And plus we're going all electric as if
- 1:03:41Speaker 1: you don't need fuss of fuel for electric we're going
- 1:03:44Speaker 1: all solar and wind. We don't need oil. That is
- 1:03:49Speaker 1: they evaded. They've evaded now for two decades, closed down
- 1:03:54Speaker 1: nuclip hop plants, closed down, you know, make fuel natural
- 1:04:01Speaker 1: gas super expensive. Don't build pipelines of fossil fuels into
- 1:04:05Speaker 1: the state because we don't need it because we're going
- 1:04:08Speaker 1: solar and wind, which is delusional if you understand anything
- 1:04:13Speaker 1: about sol and will and then how they function. So
- 1:04:17Speaker 1: while the United States is the world's largest producer of
- 1:04:21Speaker 1: oil and gas, that oil and gas doesn't make it
- 1:04:24Speaker 1: to California because they won't build pipelines. And even when
- 1:04:32Speaker 1: it comes to refined products. It's almost impossible to get
- 1:04:37Speaker 1: refined products to California from other states. You could do
- 1:04:45Speaker 1: it by real I guess, but that is hard and
- 1:04:52Speaker 1: quantities are limited. You could do it again by pipeline,
- 1:04:54Speaker 1: but pipeline is non existent, or you can do the
- 1:04:58Speaker 1: best ship, but you can't do it by ship because
- 1:05:03Speaker 1: the Jones Act. You can't bring oil into refined products
- 1:05:07Speaker 1: from Louisiana or Texas to California through the Panama Canal
- 1:05:12Speaker 1: because Jones Act, which we've talked about many, many times
- 1:05:15Speaker 1: on this show. So it's cheap of a California to
- 1:05:20Speaker 1: bring it in from Asia than it is from Louisiana,
- 1:05:24Speaker 1: which is pretty stunning, pretty stunning. Last year, the amount
- 1:05:34Speaker 1: of California oil, the amount of oil the California got
- 1:05:37Speaker 1: from the from the Middle East, from the streets of
- 1:05:40Speaker 1: Homos was twenty two percent higher than the prebs year.
- 1:05:45Speaker 1: They're only becoming more dependent on, you know, importation of
- 1:05:53Speaker 1: oil from other countries, with all the geopolitical impact that
- 1:05:56Speaker 1: that has, and of course a child lenges that that represents,
- 1:06:03Speaker 1: given what's going on, and it's all one hundred percent.
- 1:06:07Speaker 1: The price, the shortages, the the the and the dependence
- 1:06:14Speaker 1: Now is all one hundred percent self inflicted. One hundred
- 1:06:18Speaker 1: percent self inflicted, all environmental laws, regulations and taxes. All right, finally, quickly,
- 1:06:28Speaker 1: there's a story about COVID vaccination. So, you know, if
- 1:06:31Speaker 1: you're sensitive about this, I know a lot of you
- 1:06:33Speaker 1: are little snowflakes, snowflakes when it comes to COVID vaccines.
- 1:06:37Speaker 1: You might not want to listen to this. If this
- 1:06:40Speaker 1: is going to offend you in some you know, just
- 1:06:42Speaker 1: plug your ears just for a few minutes. This will
- 1:06:44Speaker 1: be quick. Uh. It turns out the CDC delayed publishing
- 1:06:48Speaker 1: a report the show that COVID vaccines were actually beneficial
- 1:07:00Speaker 1: because of its anti vax agenda. Right. The reports showed
- 1:07:09Speaker 1: that COVID nineteen vaccines cut the likelihood of emergency department
- 1:07:14Speaker 1: visits and hospitalization for healthy adults not pre existing condition
- 1:07:19Speaker 1: healthy adults last winter by half. We're not even talking
- 1:07:24Speaker 1: about COVID vaccines back in twenty twenty last winter by half.
- 1:07:31Speaker 1: So this is a report produced for the CDC by
- 1:07:37Speaker 1: CDC scientists. It shows that the COVID vaccine cut the
- 1:07:42Speaker 1: likelihood of emergency department visits and hospitalization for healthy adults
- 1:07:49Speaker 1: last winter twenty twenty five by about half. COVID vaccines work.
- 1:07:59Speaker 1: They might now work in the way everybody expected them
- 1:08:01Speaker 1: to work, but they worked. They work in the way
- 1:08:03Speaker 1: they were designed to work. They cut the level, they
- 1:08:08Speaker 1: cut the impact of the virus. They cut hospitalization, they
- 1:08:12Speaker 1: cut deaths. They got severe illnesses dramatically with very little no,
- 1:08:19Speaker 1: not zero, very little what do you call it? Side effects?
- 1:08:27Speaker 1: Bad outcomes for other people. Yep, there were some bad outcomes.
- 1:08:30Speaker 1: Some people got my micco dietists or whatever, but again
- 1:08:36Speaker 1: in healthy adults. All right, you know this is this
- 1:08:49Speaker 1: is you know. The excuse they CDC used was the
- 1:08:53Speaker 1: heads of the CDC, bad methodology, stuff like that. But
- 1:08:59Speaker 1: allow me to be skeptical. Allow me to be skeptical.
- 1:09:07Speaker 1: The same methodology was used to evaluate influenza vaccines every
- 1:09:11Speaker 1: single year, including when they don't work very well. And
- 1:09:15Speaker 1: I understanding is they didn't work very well this year.
- 1:09:20Speaker 1: All right, that is the news for this Friday, April tenth.
- 1:09:25Speaker 1: Thank you all for being here, Thank you for joining me.
- 1:09:28Speaker 1: I do have a hard stop at six, so we're
- 1:09:31Speaker 1: going to jump right into your super chat. So we'll
- 1:09:33Speaker 1: remind you there will be a show tomorrow, probably at
- 1:09:37Speaker 1: an unusual hour, something like eleven am East Coast time,
- 1:09:45Speaker 1: because I have to catch a plane to Copenhagen. But
- 1:09:49Speaker 1: there will be I'm hoping there will be a show
- 1:09:51Speaker 1: tomorrow and then Monday. Monday from Copenhagen, I hope again
- 1:09:55Speaker 1: to do a show exactly when I do not know.
- 1:10:00Speaker 1: All right, let's take your questions. We've got a bunch
- 1:10:04Speaker 1: of fifty dollars questions, So thank you guys. We've achieved
- 1:10:07Speaker 1: that two hour goal. We're well in our way to
- 1:10:10Speaker 1: our third hour goal. Although I need to end the
- 1:10:13Speaker 1: show before we get into the third hour, so let
- 1:10:15Speaker 1: me jump in here. Clark Young says there's a Christian
- 1:10:18Speaker 1: view about forgiveness in the field of psychology towards resolving trauma.
- 1:10:24Speaker 1: You're supposed to forgive the person who wronged you so
- 1:10:27Speaker 1: you can selfishly let go of your own anger and
- 1:10:33Speaker 1: move on. This seems like a twisted package deal. I
- 1:10:36Speaker 1: think it really is. I mean, look, there's no question
- 1:10:41Speaker 1: that there's a point of which you have to move on.
- 1:10:45Speaker 1: That is that anger towards other people, a feeling of
- 1:10:51Speaker 1: having been injured in justice. The emotions that come with
- 1:10:56Speaker 1: that can be debilitating and harmful. If you keep carrying them,
- 1:11:01Speaker 1: and there is some kind of resolution you have to
- 1:11:05Speaker 1: I don't think that resolution involves forgiveness. It involves accepting
- 1:11:11Speaker 1: the reality of the injustice, accepting that was not resolved
- 1:11:16Speaker 1: in a proper way, and accepting that life has to
- 1:11:20Speaker 1: go on, that your life is the value, that the
- 1:11:24Speaker 1: future is what matters, and that Obitrating disputes in the
- 1:11:28Speaker 1: past sometimes is important, but cannot overwel you in a
- 1:11:33Speaker 1: way that interferes with your ability to live your life
- 1:11:38Speaker 1: moving into the future. So there has to be a
- 1:11:42Speaker 1: psychological way to deal with people who have wronged you
- 1:11:49Speaker 1: and there's nothing you can do about it and move
- 1:11:53Speaker 1: beyond it. But I think forgiveness is much stronger than that.
- 1:11:57Speaker 1: Forgiveness is saying to the person who did the wrong,
- 1:12:01Speaker 1: it's okay in some way that somebody who committed a
- 1:12:07Speaker 1: grave injustice okay. I mean, I never understood mothers of
- 1:12:11Speaker 1: kids who'd been murdered forgiving the motorer. I mean, what
- 1:12:14Speaker 1: does that even mean or what was it? Charlie Cook's
- 1:12:16Speaker 1: wife forgiving the murderer. I wouldn't never, ever, ever, ever
- 1:12:22Speaker 1: forgive a murderer of somebody I loved. I don't believe
- 1:12:26Speaker 1: in forgiving murderers at all, if they're real murderers, no matter,
- 1:12:32Speaker 1: even if they forgive, even if they even if they
- 1:12:35Speaker 1: murder a stranger. Now, that doesn't mean that the anger
- 1:12:41Speaker 1: towards that person should be allowed to overwhelm your life
- 1:12:45Speaker 1: so you cannot live and you cannot pursue values into
- 1:12:48Speaker 1: the future. But it might in the case of a
- 1:12:51Speaker 1: loved one that's really, really close to you, it might.
- 1:12:56Speaker 1: But to say that the solution is to forgive that
- 1:13:00Speaker 1: so turned the other cheek Christian that is so love
- 1:13:04Speaker 1: the enemy it is I view that as absolutely, unequivocally disgusting.
- 1:13:10Speaker 1: It's evil. Never forgive evil, never, and forgiving evil is
- 1:13:20Speaker 1: evil in my view. All right. Also fifty dollars author,
- 1:13:28Speaker 1: I mean told, I'm heroic for spending objectivism in a
- 1:13:31Speaker 1: world so hostile to reason. But I don't want to
- 1:13:34Speaker 1: have to be heroic. Everyone should be honest and get
- 1:13:38Speaker 1: objectivism like I did, and we can all live happily
- 1:13:42Speaker 1: if after keep up the great book you want. Yeah,
- 1:13:44Speaker 1: I mean, look, it's often the case that you would say,
- 1:13:51Speaker 1: I don't want to be heroic. I don't want to
- 1:13:52Speaker 1: be in a you know, I wish the situations that
- 1:13:55Speaker 1: were quired my heroism worth they bet. What heroism means
- 1:13:58Speaker 1: is that you're willing to rise to the occasion when
- 1:14:01Speaker 1: the circumstances are such that you do need to be heroic,
- 1:14:06Speaker 1: where that is required for your values to survive, to
- 1:14:10Speaker 1: be perpetuated into the future. So thank you author for
- 1:14:14Speaker 1: being heroic in spreading objectivism. It's important and it needs
- 1:14:19Speaker 1: to be done. We need heroes right now. We need
- 1:14:21Speaker 1: fighters right now. We need people willing to fight to fight,
- 1:14:28Speaker 1: not you have your algorithm. I love living in southern California.
- 1:14:32Speaker 1: The taxes and homeless situation are atrocious, but at this
- 1:14:35Speaker 1: point I'm willing to absorb those costs in order to
- 1:14:38Speaker 1: enjoy the values California has to offer. There is this
- 1:14:42Speaker 1: a conflict between the moral and the practical. No, it's not.
- 1:14:50Speaker 1: The bad situation in California is caused by immorality, by
- 1:14:56Speaker 1: the immorality of the voters, by the immorality of the government,
- 1:14:59Speaker 1: by the immor immorality, and therefore you have a bad situation,
- 1:15:06Speaker 1: but you have no control over that. So you're given
- 1:15:10Speaker 1: a set of circumstances and you need to decide about
- 1:15:16Speaker 1: where to live and how to deal with it, So
- 1:15:21Speaker 1: there's no moral issue here. You have to decide, in
- 1:15:25Speaker 1: the context of your own life, where the best place
- 1:15:27Speaker 1: to live is. And I agree with you, there are
- 1:15:32Speaker 1: lots of reasons to live in southern California. There are
- 1:15:36Speaker 1: lots of reasons to absorb the costs, because yeah, I mean,
- 1:15:40Speaker 1: I was just reminded of that when I was visiting
- 1:15:42Speaker 1: southern California. Now, are you not an amazing place? The weather,
- 1:15:48Speaker 1: the cleanliness, the safety, the particularly in Orange County, And
- 1:15:55Speaker 1: you don't have a lot of homelessness in Orange County,
- 1:15:57Speaker 1: but just the white streets, the convenience, is the shopping everything.
- 1:16:02Speaker 1: It's just an amazing place to live. And that is
- 1:16:06Speaker 1: all a result of model action. All the problems a
- 1:16:11Speaker 1: result of immollel action. So, if anything, it's all proof
- 1:16:15Speaker 1: of the model is the practical. The conflict is that
- 1:16:19Speaker 1: you live in a world not of your own making.
- 1:16:21Speaker 1: You live in a world in which, in model people
- 1:16:24Speaker 1: control much of what happens in the world. Harper Campbell
- 1:16:38Speaker 1: Stephen Krauda recently went on a triad against Israel. He
- 1:16:42Speaker 1: has gone full throttle anti Semi, Megan Kelly and Anachasparian.
- 1:16:46Speaker 1: Just at a collaboration video coming together to attack Israel
- 1:16:49Speaker 1: in the Jewish lobby. We're living in the dystopian times. Well,
- 1:16:52Speaker 1: we're not quite living in dystopian times. We're living in
- 1:16:55Speaker 1: times where there are crazy people, a really horrific evil,
- 1:17:00Speaker 1: irrational people dominating a certain segment of the airways. Dystopia
- 1:17:09Speaker 1: is when those people are running the world. They're not yet,
- 1:17:13Speaker 1: and there's still fight in us to prevent them from
- 1:17:15Speaker 1: running the world. There's still reasonably we can stop the
- 1:17:19Speaker 1: world from becoming that dystopian future. We're living in a
- 1:17:24Speaker 1: place where some really really evil ideas they used to
- 1:17:28Speaker 1: hide under rocks in different places, are now being brought
- 1:17:33Speaker 1: out into the open. It's better than they're out in
- 1:17:35Speaker 1: the open. We can nowt fight them straight on, and
- 1:17:40Speaker 1: hopefully we can prevent them becoming dominant ideas and ideas
- 1:17:44Speaker 1: that are manifest in policy. It's scary times, but not
- 1:17:48Speaker 1: yet dystopian times. So I would say we're living in
- 1:17:51Speaker 1: very scary times because it could become a dystopium. James,
- 1:17:57Speaker 1: thank you also for the fifty dollars. All these guys
- 1:17:59Speaker 1: that fifty dollars really really really appreciated. Machiavelli gave his opinion,
- 1:18:07Speaker 1: gave his options of aims quote be feared or be loved.
- 1:18:15Speaker 1: Many people believe that these were the only two. They
- 1:18:18Speaker 1: kept choosing between power, lusting and submissiveness. Well, that it's
- 1:18:23Speaker 1: interpretation of love is submissiveness, right, not knowing an enlightenment happened,
- 1:18:27Speaker 1: happens and they could opt for independence. Yes, I mean
- 1:18:32Speaker 1: Machiavelli's writing during the Renaissance, relatively early in the rebirth
- 1:18:38Speaker 1: of the West and the conception of individual rights, the
- 1:18:44Speaker 1: conception of political freedom. Liberty is completely alien to Machiavelli,
- 1:18:51Speaker 1: the idea of independence and the idea of you don't
- 1:18:54Speaker 1: need to be feared and you don't need to be
- 1:18:57Speaker 1: loved as a as a as aula, because your job
- 1:19:02Speaker 1: is very delimited. It's not It's not a rule in
- 1:19:08Speaker 1: the sense of controlling people. It's the governor in the
- 1:19:13Speaker 1: sense of facilitating the defense the protection of their individual rights.
- 1:19:21Speaker 1: You know, if you think, as Michiaeveli did, that you
- 1:19:23Speaker 1: have to rule. You have to get people to do
- 1:19:28Speaker 1: what you want them to do. You have to achieve
- 1:19:31Speaker 1: certain statist, collectivist goals. It is the ruler's job to
- 1:19:36Speaker 1: make a city prosperous, by going to war, by steeving
- 1:19:42Speaker 1: and stealing or taxing whatever. Yeah, these ideas are they're
- 1:19:49Speaker 1: in the framework of a relatively barbaric culture by Barrack society,
- 1:19:54Speaker 1: a society of a pre enlightenment. All right, Vikram, have
- 1:20:03Speaker 1: you ever heard of Unshukha Shankao play this seato? What
- 1:20:09Speaker 1: do you think of it? If you haven't, you should.
- 1:20:12Speaker 1: I think I have. I don't know if I've seen Yeah,
- 1:20:14Speaker 1: I don't know. But look, the generally Indian music or
- 1:20:20Speaker 1: the citar is far into my ears right, so it's
- 1:20:27Speaker 1: hard for me to connect to it because it's it's chordes.
- 1:20:32Speaker 1: I'm not familiar with what do you call it? Combinations
- 1:20:35Speaker 1: of notes that I'm just not familiar with. Eastern music
- 1:20:40Speaker 1: is tough on Western ears, so it's hard for me
- 1:20:44Speaker 1: to evaluate it. It's hard for me to valuate. I
- 1:20:49Speaker 1: think it's worth listening to and figuring it out, but
- 1:20:53Speaker 1: I don't know if I could fully appreciate it if
- 1:20:56Speaker 1: I did listen to it. But I will check him
- 1:20:58Speaker 1: out and Shunkow, I will check it out, and if
- 1:21:03Speaker 1: I have anything to say about it, I will let
- 1:21:05Speaker 1: you know. I'm not sure I'm a good judge of
- 1:21:11Speaker 1: something like that. Maybe Thomas Schubottom knows more about Indian music.
- 1:21:17Speaker 1: He definitely has much better ear and understanding of music,
- 1:21:22Speaker 1: music and music theory too. Evaluate James are groups that
- 1:21:27Speaker 1: make life better, entrepreneurs, Jews, etc. I don't know why
- 1:21:31Speaker 1: would you include Jews there, that's weird, et cetera. Hate
- 1:21:35Speaker 1: it because intellectuals believe mankind is meant to live like worms.
- 1:21:39Speaker 1: Anyone trying to advance beyond the state and nature is
- 1:21:44Speaker 1: evil and must be crushed in their view. I mean,
- 1:21:47Speaker 1: I think that there are a few intellectuals who believe that.
- 1:21:50Speaker 1: I don't think most intellectuals believe that. I think it's
- 1:21:53Speaker 1: much simpler, and you know, maybe at the core, at
- 1:21:58Speaker 1: the heart of it is a certain hate for the mankind.
- 1:22:01Speaker 1: But really they hate entrepreneurs because they're selfish, because the
- 1:22:08Speaker 1: rich they bring about inequality. They hate Jews because they're successful,
- 1:22:17Speaker 1: because they're different. So I don't think the hatred is
- 1:22:27Speaker 1: you can just but you could just say it's just
- 1:22:29Speaker 1: because they hate mankind. They do at the root of it,
- 1:22:34Speaker 1: but it's you have to be able to deal with
- 1:22:37Speaker 1: the intermediate steps. They think inequality is evil. They think
- 1:22:45Speaker 1: the entrepreneurs make money by exploiting other people. They think
- 1:22:48Speaker 1: the Jews are successful through exploitation. They think they are
- 1:22:55Speaker 1: scheming and deceptive and immol and thoughts uh, And they evade.
- 1:23:04Speaker 1: They don't hold in their mind the hatred of mankind,
- 1:23:08Speaker 1: but they evade the fact that that is what really
- 1:23:11Speaker 1: is driving them. James were nihilism and envy the natural
- 1:23:23Speaker 1: slate of mankind even well before Kant. No, I don't
- 1:23:29Speaker 1: think it's a natural state of mankind, but I do
- 1:23:32Speaker 1: think they existed before cont but maybe not so much
- 1:23:40Speaker 1: as an intellectual ideas, not so much coming out of
- 1:23:44Speaker 1: intellectual pursuits, but out of emotionalism. And and you know,
- 1:23:50Speaker 1: envy as an emotion, it probably existed from the beginning
- 1:23:54Speaker 1: of time, not because it's part of the nature of man,
- 1:23:57Speaker 1: but just because some people who can't, who choose not
- 1:24:02Speaker 1: to think and not to live up to their potential,
- 1:24:07Speaker 1: just resent the people who do. Some people a minority
- 1:24:12Speaker 1: of people, So there's always been a certain number of
- 1:24:15Speaker 1: envious people, and some of those people turn into nihilism
- 1:24:19Speaker 1: as kind of the only manifestation of that envy. It's
- 1:24:23Speaker 1: not biologically coded, it's just one possible response, and it
- 1:24:27Speaker 1: is a response to their own choice not to think,
- 1:24:37Speaker 1: not to engage, not to focus. Con just gives it
- 1:24:42Speaker 1: an intellectual veneer of respectability. Thomas I said before the
- 1:24:48Speaker 1: first bomb dropped that I didn't believe Trump, the most corrupt, dishonest,
- 1:24:52Speaker 1: and incompetent president in US history, could run a war.
- 1:24:55Speaker 1: I unfortunately feel completely vindicated. Yeah, I mean, mostly was
- 1:25:03Speaker 1: a complex, multi layered affairs, requiring intelligence and strategic thinking.
- 1:25:08Speaker 1: This is this so far from who Trump is that
- 1:25:12Speaker 1: this outcome was entirely predictable. The damage he has done
- 1:25:16Speaker 1: to farm policy is inculculable. Yes, I mean I was
- 1:25:21Speaker 1: hoping that he would let the military just run with it,
- 1:25:26Speaker 1: but I didn't consider the idea that he was and
- 1:25:31Speaker 1: the people around him were as incompetent as they are
- 1:25:36Speaker 1: in terms of something like the Straits of Home Wars,
- 1:25:38Speaker 1: because if you look at the rest of the operation,
- 1:25:41Speaker 1: everything other than the Straits of Home Wars, it's been
- 1:25:44Speaker 1: done brilliantly. They were on the path to dismantling Iran,
- 1:25:52Speaker 1: and indeed we might have we might have gotten it,
- 1:25:54Speaker 1: might still get regime change. But they made one big
- 1:26:00Speaker 1: stitchy's mistake, and yes, it should have been predictable that
- 1:26:02Speaker 1: they would around the States of Homos, and that has
- 1:26:06Speaker 1: undermined their successes. I thought the successes would be would
- 1:26:12Speaker 1: be big enough to make whatever errors Trump would make small.
- 1:26:21Speaker 1: I didn't think that he would not consider the States
- 1:26:26Speaker 1: of Homos important enough to focus on it. Yeah, I
- 1:26:29Speaker 1: guess I should have seen it coming, Harpercampbell did. Can't
- 1:26:33Speaker 1: really kill the Enlightenment. It doesn't seem dead to me.
- 1:26:36Speaker 1: I'm not sure anyone can really kill it. At this point,
- 1:26:40Speaker 1: he confused intellectuals who would have otherwise propped the Enlightenment unobstructed. Well,
- 1:26:45Speaker 1: it's that's not clear because it wasn't just Kant, it
- 1:26:48Speaker 1: was Roussou and it was Hume who were killing the Enlightenment.
- 1:26:52Speaker 1: There was a there's a big backlash against the Enlightenment,
- 1:26:55Speaker 1: even before Kant, or simultaneously with Kant. But Kant provided
- 1:27:02Speaker 1: the ideas the basically constitute the main thrust of the
- 1:27:12Speaker 1: anti Enlightenment program. And yeah, maybe they haven't completely killed Enlightenment.
- 1:27:18Speaker 1: But look at America today, Look at World War two,
- 1:27:23Speaker 1: look at World War One, Look at the millions and
- 1:27:25Speaker 1: millions and millions of people who've been killed. All is
- 1:27:29Speaker 1: a consequence of the abandonment by a significant portion of
- 1:27:32Speaker 1: the population of Enlightenment ideas. And look at the struggles
- 1:27:39Speaker 1: we're having today culturally, militarily, strategically, politically, there are consequence
- 1:27:45Speaker 1: of continent ideas and other bad philosophies. So maybe it's
- 1:27:50Speaker 1: not completely dead, but God, were in much worse state
- 1:27:54Speaker 1: than we should be. And it's not even we didn't
- 1:27:57Speaker 1: even get propelled Enlightenment an obstruction. The Enlightenment was incomplete,
- 1:28:04Speaker 1: it didn't get to be completed. But it's clearly in decline,
- 1:28:11Speaker 1: and it's been in decline. Remember World War Think about
- 1:28:13Speaker 1: how many people died in World War One to World
- 1:28:15Speaker 1: War Two. That's on the anti Enlightenment forces. So maybe
- 1:28:20Speaker 1: they didn't win, but they did a lot of damage
- 1:28:23Speaker 1: and they're still doing a lot of damage. Not you
- 1:28:29Speaker 1: have a jogorithm is the American psyche a mix of
- 1:28:33Speaker 1: narcissism and content categoric peratives. God, No, I don't think
- 1:28:39Speaker 1: that's right. It's way too pessimistic. It's it's you know,
- 1:28:44Speaker 1: most people, most Americans, they's psycheas take care of my family,
- 1:28:48Speaker 1: go to work, work hard, make a living, try to
- 1:28:52Speaker 1: be successful. Yeah, do something in politics, But I don't know.
- 1:28:56Speaker 1: I don't trust anybody. I don't No. I mean, most
- 1:29:01Speaker 1: Americans are not narcissists, and most Americans are not dominated
- 1:29:06Speaker 1: by category competatives. They're influenced, you know, they don't know
- 1:29:10Speaker 1: what the term is. They they're influenced by Christianity. They're
- 1:29:14Speaker 1: influenced by modern intellectuals who are influenced by other intellectuals,
- 1:29:18Speaker 1: are influenced by philosophers, who are influenced by CONTs. So
- 1:29:23Speaker 1: through a long chain, they're influenced by by CONTs. But no,
- 1:29:27Speaker 1: it's wrong to think like that. And if you meet
- 1:29:30Speaker 1: Americans in the street, are they following counting category comparatives?
- 1:29:34Speaker 1: Is that how you think of them? I think that's
- 1:29:35Speaker 1: a mistake. And they're not narcissists most Americans. Some are,
- 1:29:42Speaker 1: most are not. Again, they're hardworking individuals trying to trying
- 1:29:48Speaker 1: to trying to understand this world, not very successfully because
- 1:29:52Speaker 1: the intellectuals are betraying them chars. But is the mega
- 1:29:57Speaker 1: crowd praising Trump for laundering, launching the attack against Iran,
- 1:30:01Speaker 1: stopping the attack of both both both the MAGA large
- 1:30:07Speaker 1: numbers just you know, praises Trump for whatever he does.
- 1:30:13Speaker 1: There is a subcategory of maga, the Tucker Carlson's who
- 1:30:17Speaker 1: are against Trump, you know, at this point almost for
- 1:30:20Speaker 1: everything that he does, definitely against the war, and now
- 1:30:23Speaker 1: acclaiming Iran has unequivocally won it right, But the the
- 1:30:28Speaker 1: main maga just just worships Trump. Whatever he does is good.
- 1:30:34Speaker 1: They support it. Adam, why are you giving Trump credit
- 1:30:40Speaker 1: for waste for waste, for wasting a war? I think
- 1:30:43Speaker 1: all the Trump, all the AMMO that should have been
- 1:30:46Speaker 1: used to defensivilization in Ukraine and was only used to
- 1:30:50Speaker 1: replace some old sticks with younger, less tempered sticks. Well,
- 1:30:58Speaker 1: it was used to destroy thousands of ballistic missiles, to
- 1:31:02Speaker 1: bury nuclear missile, nuclear stuff way underneath the ground, to
- 1:31:08Speaker 1: kill a very evil to kill very many evil men.
- 1:31:11Speaker 1: Not enough, and in that sense, just saying it's replaced,
- 1:31:15Speaker 1: destroy the weapon making capability of you on to destroy
- 1:31:20Speaker 1: some of its industry. It has no steel industry, it
- 1:31:24Speaker 1: has no petrochemical industry, has been set back. So no,
- 1:31:28Speaker 1: I don't think it was wasted. I think it was.
- 1:31:31Speaker 1: It was used it just if it ends now it was,
- 1:31:37Speaker 1: it was not used as well as it should have been.
- 1:31:42Speaker 1: The war is still the right war, even if he
- 1:31:46Speaker 1: messed it up. And the reality is that by anything
- 1:31:53Speaker 1: we can do to set Iran back is a defensive
- 1:31:56Speaker 1: civilization arguably right now, given what Ukraine has done Iran
- 1:32:04Speaker 1: and Islamism is a bigger enemy of civilization in Russia,
- 1:32:10Speaker 1: which is a dwindling weak power. That is, they can't
- 1:32:17Speaker 1: even beat the Ukrainians. Is it really a threat to
- 1:32:20Speaker 1: anybody else, Muslims, any in Europe? Islam in Europe, Iran
- 1:32:27Speaker 1: with a nuclear bomb much more dangerous to civilization in
- 1:32:30Speaker 1: Russia in my view, So you need to fight both wars. Michael,
- 1:32:41Speaker 1: A lot of leftists say Chinese factories put up suicide
- 1:32:45Speaker 1: nets for workers, don't kill themselves. Is there any truth
- 1:32:48Speaker 1: to this or leftists lie in propaganda? No, there's truth
- 1:32:52Speaker 1: for it. There were some suicides in some of these factories.
- 1:32:56Speaker 1: Some of these factories, you know, the workers in the factory,
- 1:33:01Speaker 1: they work all day, they're very little break, they're very
- 1:33:04Speaker 1: little kind of weekends. Work conditions are not very good.
- 1:33:10Speaker 1: And some of these factories, in some of these factories,
- 1:33:13Speaker 1: there were significant cases of suicide, and workers did commit suicide.
- 1:33:18Speaker 1: But if you think about the number of people working
- 1:33:21Speaker 1: in these factories and the number of suicides, it was
- 1:33:24Speaker 1: a miniscule number. And if you think about how to
- 1:33:27Speaker 1: improve working conditions China, it's not too or any country.
- 1:33:34Speaker 1: It's not to stop buying their products. It's to continue
- 1:33:37Speaker 1: buying their products. As these companies become more profitable, As
- 1:33:40Speaker 1: the work has become more productive, working conditions improve. It's
- 1:33:46Speaker 1: just how history works through in China and everywhere else.
- 1:33:50Speaker 1: And the period of suicide nets is about a decade ago.
- 1:33:54Speaker 1: I don't know, and I don't think that that still exists.
- 1:34:01Speaker 1: All right, thank you to all the twenty and fifty
- 1:34:03Speaker 1: dollars questions, really appreciated. All right. Michael Thoughts on IRIS
- 1:34:08Speaker 1: going after Peter Shift Yeah, whoever? I mean, IRIS clearly
- 1:34:11Speaker 1: went after Peter Ship because of his ideas and his
- 1:34:13Speaker 1: views and his standing up to them, and it's horrible.
- 1:34:19Speaker 1: So did the bank regulators. I don't know if this
- 1:34:22Speaker 1: is a new case that the IRIS is going after
- 1:34:25Speaker 1: Peter Shipp, but they you know, the regulators have been
- 1:34:29Speaker 1: going after Peter for a long time because he's a
- 1:34:31Speaker 1: vocal opponent of everything that they do and everything that
- 1:34:34Speaker 1: they that they stand for. So it's a massive injustice.
- 1:34:43Speaker 1: Let me let me thank the stick of people stickers, Greg,
- 1:34:46Speaker 1: thank you Roland, thank you, Jeff, thank you. Let's see
- 1:34:53Speaker 1: who else do We have a lot of questions today.
- 1:34:58Speaker 1: It is great. Uh CP Milkin, thank you, and and
- 1:35:07Speaker 1: and and Mike Dial Thank you guys. Thanks for all
- 1:35:11Speaker 1: the stickers. Really appreciated. You too, can do a sticker
- 1:35:13Speaker 1: if you'd like, and of course Patreon patreon dot com
- 1:35:17Speaker 1: and then put it in your on book show and
- 1:35:19Speaker 1: become a monthly supporter at whatever level you're happy with,
- 1:35:23Speaker 1: you're comfortable with you, you know that's good for you.
- 1:35:26Speaker 1: Patreon dot com. You're on book show, all right? Uh,
- 1:35:30Speaker 1: thought criminal? What the hell is going on? Well? I
- 1:35:33Speaker 1: just explained it now it's all understood. Thanks, uh thought
- 1:35:38Speaker 1: criminal Clark. The culture is suffering from a missing link
- 1:35:42Speaker 1: because we have a lot of wounded, unhealed children running
- 1:35:45Speaker 1: around in adult bodies. Well it's it's not that they're wounded.
- 1:35:49Speaker 1: Their brains are wounded. They have lost the capacity to
- 1:35:52Speaker 1: think clearly, to use their minds clearly. Why it says
- 1:35:59Speaker 1: LP critique the objectctivists who say rally with the left
- 1:36:01Speaker 1: against Ice, implying the misrepresenting Rand. Is your answer still
- 1:36:07Speaker 1: that he's ninety two? No, My answer is I haven't
- 1:36:10Speaker 1: read what he wrote. But I disagree with him about Ice.
- 1:36:13Speaker 1: Why is that surprising? We disagree about immigration. I agree
- 1:36:18Speaker 1: with him about the left. I don't believe in rallying
- 1:36:20Speaker 1: with the left, but I agree in attacking intellectually and
- 1:36:27Speaker 1: obstructing ICE. I definitely agree with that. Now, you can
- 1:36:31Speaker 1: do that and support the left by doing it, or
- 1:36:36Speaker 1: you can do it and declare why you're different than
- 1:36:38Speaker 1: the left in doing it. But I think he's wrong.
- 1:36:43Speaker 1: And I told him that. I saw him he was
- 1:36:46Speaker 1: at Alex Epstein's event, and he asked me if i'd
- 1:36:51Speaker 1: read his recent article about ICE. I said I had not.
- 1:36:54Speaker 1: I didn't know it was published. I still haven't read it.
- 1:36:57Speaker 1: I will read it. And he said you probably. You
- 1:37:02Speaker 1: probably won't like it, and I said I won't. I
- 1:37:06Speaker 1: won't like it. And you know, there's a lot else
- 1:37:10Speaker 1: going on. So that's the end of the conversation. But
- 1:37:12Speaker 1: the reality is we disagree. We disagree with immigration. We
- 1:37:15Speaker 1: disagree about the evil of illegal immigration. We disagree about about,
- 1:37:22Speaker 1: you know, the urgency of dealing with immigration and dealing
- 1:37:26Speaker 1: with the illegal immigrants, and and and by the way,
- 1:37:30Speaker 1: we also disagree about the evil the Trump and the
- 1:37:33Speaker 1: new Right represent we do. That's a reality. Now why
- 1:37:39Speaker 1: do we disagree? We do, so we're evaluating reality differently. Whatever,
- 1:37:48Speaker 1: whatever the reason is, I might be wrong or he
- 1:37:51Speaker 1: might be wrong. We can't both be right. We know
- 1:37:53Speaker 1: that we could also both be wrong. There might be
- 1:37:56Speaker 1: a different approach that we're both wrong about. But we
- 1:37:59Speaker 1: we disagree, you know. And the thing is that if
- 1:38:02Speaker 1: I disagree with Lennapeaguugh, he knows it and I tell him,
- 1:38:05Speaker 1: and we in the past have often discussed it. It's
- 1:38:08Speaker 1: harder today for a variety of reasons to discuss it.
- 1:38:11Speaker 1: But you know, it's not like I'm hiding from him.
- 1:38:15Speaker 1: It's not like he doesn't know. And again he confronted
- 1:38:18Speaker 1: me with it. It's like the first first thing he said.
- 1:38:20Speaker 1: And he knows my viewers trump, so he knows. We
- 1:38:23Speaker 1: disagree about that as well. And yet we were kochial
- 1:38:26Speaker 1: and friendly and it was great. It was great to
- 1:38:29Speaker 1: see Leonard. It was great to see Leonard. Right, uh, Clark.
- 1:38:40Speaker 1: The reason forgiveness is promoted is in the understanding that
- 1:38:44Speaker 1: the only reason people are malevolent and harmed you is
- 1:38:48Speaker 1: due to their own unresolved trauma. Is this some truth
- 1:38:51Speaker 1: to this? Well, even if it's true. I don't care.
- 1:38:55Speaker 1: I don't forgive them that they have unresolved trauma. Resolve it,
- 1:39:00Speaker 1: and suddenly there's no excuse for using unresolved trauma to
- 1:39:04Speaker 1: penalize me. But it assumes people are some kind of
- 1:39:08Speaker 1: automatons with no free will that are just playing out
- 1:39:14Speaker 1: the trauma that they have no I mean, people choose
- 1:39:17Speaker 1: what to do with their trauma. They choose who to
- 1:39:20Speaker 1: take it out on. They choose to engage in evil
- 1:39:23Speaker 1: when they engage in evil, and that's unforgivable. That choice
- 1:39:27Speaker 1: is unforgivable. Think you're a You're not a slave to
- 1:39:33Speaker 1: your emotions, even your traumatic ones. Matt, have you been
- 1:39:41Speaker 1: fighting this fight for twenty five years? Yes, it's between
- 1:39:44Speaker 1: two and a half of me, and I'm exhausted. I
- 1:39:46Speaker 1: don't even want to pay attention anymore. It's depressing, Yep,
- 1:39:51Speaker 1: it is what it is. You have to have the
- 1:39:53Speaker 1: perspective of you're fighting for the future, the very distant future,
- 1:39:58Speaker 1: and you have to in some ways get something out
- 1:40:04Speaker 1: of the fight itself, otherwise it's hard to do. I
- 1:40:09Speaker 1: find it stimulating and challenging and exciting, and I'm willing
- 1:40:14Speaker 1: to fight. Not everybody is, and that's okay. Liam. Do
- 1:40:21Speaker 1: you have more of an obligation to a parent than
- 1:40:24Speaker 1: a sibling? Yeah, what have your siblings ever done to you?
- 1:40:28Speaker 1: For you? Your parents brought you into this world, so
- 1:40:33Speaker 1: you at least owe them some respect for that. Now,
- 1:40:36Speaker 1: it might be that they've treated you awfully, so you
- 1:40:38Speaker 1: don't but they brought you into the world. You owe
- 1:40:40Speaker 1: them life. That's good. Hopefully sibling did nothing for you.
- 1:40:47Speaker 1: I mean maybe they were nice to you and everything,
- 1:40:49Speaker 1: then okay, But you evaluate them based on what you
- 1:40:53Speaker 1: get from them. You know what you got, what you get,
- 1:40:58Speaker 1: all right, Enrick. Massive influx of cargo supplies are being
- 1:41:02Speaker 1: sent from Europe. It looks like this is just a
- 1:41:06Speaker 1: pause of the war. But will the US open the
- 1:41:09Speaker 1: straight Maybe it's a pause of the war. I don't know.
- 1:41:13Speaker 1: It's very hard to restart a war once you ever
- 1:41:16Speaker 1: cease fire. Very hard. I mean markets are way up
- 1:41:22Speaker 1: or prices are way down. If you started up again
- 1:41:25Speaker 1: that oververse. People are now taking a breath as if
- 1:41:29Speaker 1: the crisis is over, and then you re engage them.
- 1:41:34Speaker 1: Very difficult. So maybe maybe this is just a Trump
- 1:41:39Speaker 1: buying time. But I think the only thing this does
- 1:41:41Speaker 1: is buy is the Iranian time, and they need more time.
- 1:41:44Speaker 1: They really need the time because they've been hammered and
- 1:41:49Speaker 1: now they will adjust. And yeah, I'm I worry about
- 1:41:54Speaker 1: whether Trump will have it in him to start this
- 1:41:58Speaker 1: up again. I hope so Liam. Israel has such a
- 1:42:04Speaker 1: hard time with so much anti Semitism, and Trump being
- 1:42:07Speaker 1: a lunatic does not help the Israeli cause. Yeah. No, absolutely,
- 1:42:11Speaker 1: Israel struggling and the ceasefire hit Israel like a ton
- 1:42:15Speaker 1: of bricks. They're devastated by it. They're really worried about
- 1:42:18Speaker 1: their future. They're worried about you know, what is going
- 1:42:22Speaker 1: to happen to them. Harper Campbell. The American people have
- 1:42:27Speaker 1: grown violently frustrated with the mixed economy, have they? But
- 1:42:31Speaker 1: instead of installing a pro freedom capitalist candidate, they elected
- 1:42:35Speaker 1: a child districtator. Yeah, I mean, I don't think they're
- 1:42:39Speaker 1: they're frustrated with the mixed economy. They're frustrated with the
- 1:42:44Speaker 1: mixed economy. Without knowing they're frustrated with the mixed economy.
- 1:42:48Speaker 1: They want more mixture. They want more socialism, they want
- 1:42:50Speaker 1: more statism, they want more government control. They don't want freedom.
- 1:42:55Speaker 1: This solution to mixed economy is less freedom. Sadly not,
- 1:43:01Speaker 1: you have aage algorithm. This is an era of the
- 1:43:03Speaker 1: ignorant Americans, xenophobia, isolationist nationalists E get to destroy what
- 1:43:08Speaker 1: he is too ignorant to value. Well, it's not their
- 1:43:12Speaker 1: era yet, but they have way too much influence, way
- 1:43:16Speaker 1: too much influence, and it could be their era one day. Michael,
- 1:43:20Speaker 1: how do you prevent getting sick from traveling so much? Also,
- 1:43:24Speaker 1: how do you prevent getting food poisoning from eating in
- 1:43:27Speaker 1: countries where your stomach's not used to food. I don't.
- 1:43:30Speaker 1: I get sick all the time, and I get food poisoning.
- 1:43:34Speaker 1: I just do. I get sick often when I travel.
- 1:43:39Speaker 1: Last year, a year ago, I was sick a lot
- 1:43:41Speaker 1: during travel season. This year, I've done better. I haven't
- 1:43:43Speaker 1: been sick in a while. But but you know, you know,
- 1:43:49Speaker 1: it's it's I've done so far this twenty twenty six
- 1:43:54Speaker 1: has been good so far, but I guess sick. You know,
- 1:43:57Speaker 1: the best thing against getting sick while you're traveling is
- 1:44:00Speaker 1: make sure to get enough sleep, which is hard when
- 1:44:02Speaker 1: you're traveling. And in food poisoning, you know, I often
- 1:44:06Speaker 1: get some form of food poisoning. More often I think
- 1:44:10Speaker 1: than other people. But I don't know. I eat. I
- 1:44:14Speaker 1: try to eat a decent places which are likely to
- 1:44:17Speaker 1: be okay. Not you ja When when you go to Europe,
- 1:44:24Speaker 1: do people ask you how the American people could have
- 1:44:27Speaker 1: voted for such a thug as Trump. Yeah, not in
- 1:44:30Speaker 1: so many words, but yes, a lot of times they do. Yeah.
- 1:44:38Speaker 1: Sege Telsea TV, who run by an Uranian couple, is
- 1:44:42Speaker 1: worth to shake out. Yeah, I've checked them out. They're
- 1:44:44Speaker 1: generally way too optimistic about what is going on in Iran.
- 1:44:48Speaker 1: They often report as news rumors that turn out to
- 1:44:52Speaker 1: be false, So I worry about it. I mean, they
- 1:44:55Speaker 1: have to fill a lot of hours of broadcasting and
- 1:45:00Speaker 1: they're doing it live, so I worry about it being
- 1:45:03Speaker 1: a source of news. But they're on the right side.
- 1:45:08Speaker 1: I wish them all the best, and they're trying to
- 1:45:10Speaker 1: support their fellow Iranians in Iran, but it's difficult, and
- 1:45:18Speaker 1: I think they tend to be too pessimist, too optimistic
- 1:45:22Speaker 1: about the outcomes of these things. Ed you Carrot, what
- 1:45:29Speaker 1: probability you assigned to Iranians rising against the government given
- 1:45:32Speaker 1: Trump's fiasco, Well, I think ultimately they roll rise up
- 1:45:36Speaker 1: against the government it's just a question of when. I
- 1:45:38Speaker 1: still think it's eighty. I mean unless unless there's something
- 1:45:44Speaker 1: really the drum just completely capitulates and the Iranians have
- 1:45:49Speaker 1: a flood of money in and they can rebuild everything.
- 1:45:53Speaker 1: If that doesn't happen, hope it doesn't happen, then I
- 1:45:56Speaker 1: think it's very high because I think the economy of
- 1:45:59Speaker 1: Iran will collapse. They'll be so poor they'll go onto
- 1:46:03Speaker 1: the streets because of to a large extent, because of that.
- 1:46:07Speaker 1: So let's see how it plays out. First, Harper Campbell,
- 1:46:13Speaker 1: you can't hold the man down without staying down with him. Yeah,
- 1:46:18Speaker 1: there's a lot of truth to that. Christopher. Trump makes
- 1:46:23Speaker 1: the US look weak by negotiating cease fire, unable to win,
- 1:46:27Speaker 1: and even may leave you on in a stronger position
- 1:46:29Speaker 1: with the straits of homos. That's what happens when you
- 1:46:32Speaker 1: go to war under Trump. Yep. I think that's always
- 1:46:35Speaker 1: been the risk. Absolutely. Michael is Moum Donnie not as
- 1:46:41Speaker 1: devastating to New York City has believed. Is he a
- 1:46:45Speaker 1: socialist in name only? No, he's not a socialist in
- 1:46:48Speaker 1: name on He's really a socialist. But I told you
- 1:46:50Speaker 1: he wouldn't be devastating to New York, as people believe,
- 1:46:52Speaker 1: because this man of New York, there's not that much
- 1:46:55Speaker 1: he can do. He's not that powerful. He's not dictator
- 1:46:59Speaker 1: of the world. He's not dictator of America. He's not
- 1:47:04Speaker 1: even dictator of New York. There's very little he can do.
- 1:47:06Speaker 1: And I told you this in advance. There shouldn't be
- 1:47:08Speaker 1: a surprise at all. Loan Dissenter, you mentioned you might
- 1:47:16Speaker 1: have a better idea after you talk to him, whether
- 1:47:18Speaker 1: Alex might come on the show. Any updates on that?
- 1:47:21Speaker 1: Oh no, I forgot to ask him. I'm sure he'll come,
- 1:47:24Speaker 1: It's just an issue of timing, you know when. But
- 1:47:27Speaker 1: I'll I'll drop him an email. But I didn't. I
- 1:47:32Speaker 1: forgot to ask him about it. We would talk about
- 1:47:34Speaker 1: AI and how I could use his AI and maybe
- 1:47:36Speaker 1: you can develop AI together, you know, Youuran AI and
- 1:47:40Speaker 1: stuff like that. His AI is stunning, It's so good.
- 1:47:43Speaker 1: I was so impressed, blown away by it. Michael Fia
- 1:47:48Speaker 1: paralyzes desire, moves without desire, no astronaut can enter that rocket, yep.
- 1:47:54Speaker 1: I mean I wouldn't say. I wouldn't call it desire,
- 1:47:57Speaker 1: you know, I'd say values, value orientation, but desire for values.
- 1:48:05Speaker 1: If you're contrasting emotions, I guess you have to contrast
- 1:48:07Speaker 1: fear with something, James. The question isn't why inflation is
- 1:48:12Speaker 1: so high, It's why it Isn't it lower than ever before?
- 1:48:16Speaker 1: In a modern era with a long history of industrialization
- 1:48:19Speaker 1: answers government theft over generations. The question isn't why is
- 1:48:23Speaker 1: inflation is so high? It's why it Isn't isn't it
- 1:48:27Speaker 1: lower than ever? Oh? Well, it's no, it's you know,
- 1:48:33Speaker 1: I don't quite understand. But inflation is a primarily it's
- 1:48:37Speaker 1: a monetary phenomena, with government controlling the money supply. When
- 1:48:42Speaker 1: government controlling through the central bank money, you'd expect inflation,
- 1:48:45Speaker 1: you'd expect inflation to be even higher. I mean, it's
- 1:48:50Speaker 1: surprising that it's low, given government temptation to inflate their
- 1:48:55Speaker 1: own deata way, James. Is there a chance Donald completely
- 1:49:00Speaker 1: loses his mind before the end of his term and
- 1:49:03Speaker 1: uses nukes on some nation? Would this general's be righteous
- 1:49:07Speaker 1: enough to stop him? I think there will be people
- 1:49:10Speaker 1: in his cabinet and around him who would stop him.
- 1:49:14Speaker 1: I'm being benevolent here. I'll assume that that happens. So no,
- 1:49:17Speaker 1: I don't think he would use nukes. Even his wife
- 1:49:21Speaker 1: might stop him. Christopher, here is an idea to stop
- 1:49:26Speaker 1: the one Ukraine. Give every Russian soldiers an EU visa
- 1:49:31Speaker 1: in a job. Yeah, they'd all jump in it like that.
- 1:49:35Speaker 1: Absolutely rue downs. There are stories going around that young
- 1:49:41Speaker 1: men will automatically be registered to serve in the military.
- 1:49:43Speaker 1: Is this just one step closer to reinstating in the draft?
- 1:49:47Speaker 1: Probably if it happens. I haven't heard that it's actually
- 1:49:49Speaker 1: going to happen, but yes, they've just instituted that automatic
- 1:49:54Speaker 1: registration in Germany, and you have to have permission to
- 1:49:58Speaker 1: leave the country if you're in a certain age range.
- 1:50:02Speaker 1: And yes, I think the New Right, I think that JD.
- 1:50:06Speaker 1: Van's Right would love to institute the draft and would
- 1:50:09Speaker 1: be eager to do so. So beware. Stephen says, thanks
- 1:50:16Speaker 1: for the show, Thank you, Steven, and Gail says, I
- 1:50:19Speaker 1: think Trump's character mostly controls his thinking epistemology. Am I right?
- 1:50:24Speaker 1: I struggle at this point. Well, I don't think he thinks.
- 1:50:28Speaker 1: I don't think he's capable of it. It's a very
- 1:50:32Speaker 1: low level. And yeah, everybody's character control they're thinking, right,
- 1:50:37Speaker 1: I mean, if you don't have any integrity. You don't,
- 1:50:42Speaker 1: you won't, you won't be consistent in your rationality. So character,
- 1:50:50Speaker 1: for example, having being honest and having integrity and having
- 1:50:54Speaker 1: pride is necessary for being rational. So everybody's moral character
- 1:51:01Speaker 1: in a sense has epistemological consequences. And in the case
- 1:51:10Speaker 1: of Trump, because he's so corrupt, he can't think. It's
- 1:51:13Speaker 1: very hard for him to think. He emotes Stringer Bell,
- 1:51:19Speaker 1: thank you for the sticker. Really appreciate that. Thank you
- 1:51:23Speaker 1: to all the super Chattos. Thanks everybody. I have to run.
- 1:51:28Speaker 1: I will see you guys tomorrow, most likely eleven am
- 1:51:32Speaker 1: East Coast time. Sorry it's so early, but I have
- 1:51:35Speaker 1: to catch a flight. So eleven am East Coast time tomorrow.
- 1:51:39Speaker 1: Bye everybody. See that.