Latest / Bourbon & Rum / Energy, Conflict, and Global Instability
Transcript
- 0:00I think the nature of warfare is being changed, arguably as much
- 0:06as the original invention of the airplane and maybe even the game
- 0:10changing that nuclear weapons were.
- 0:13Republicans are always famous of talking about energy
- 0:15independence. Well, it's kind of ABS concept.
- 0:18Some dude gets a drone out of his garage with a remote control
- 0:22that he bought at Best Buy and you blow up a tanker.
- 0:27Welcome to Bourbon and Rum, the podcast dedicated to civil
- 0:31conversation. I'm Kent, I like rum and I'm
- 0:34from the left side of the aisle. And I'm Kyle.
- 0:36I like bourbon. I tend to be a little more
- 0:38conservative. We're brothers talking politics
- 0:41over bourbon and rum. What are you drinking?
- 0:56I am drinking a, a Memphis bourbon.
- 1:00It's called Blue Note. I don't know if I've had it on
- 1:02this podcast before or not. It's a it's a source bourbon.
- 1:08I think Green River Distillery actually makes the juice.
- 1:11But this is like one of these distilleries where, you know,
- 1:14they get other people's stuff. They brand it, but they're
- 1:17pretty high proof, 120 proof and kind of a high rye, but but a
- 1:23little sweeter than some of the rice.
- 1:25What are you drinking on? I'm just, I've got one of those,
- 1:30I'm trying to thin the herd a little bit and I've got a bunch
- 1:33of bottles with about, you know, a finger and a half left in the
- 1:37bottom of them. So this is one of those, the
- 1:40Venezuelan rums that's terrible. This, some of them are good.
- 1:45This one's not good. So I'm just going to try to get
- 1:49rid of it. I won't besmirch.
- 1:51What's the name of? That.
- 1:52I can't even remember it's over in the other room.
- 1:55And I wouldn't want to, you know, slander a otherwise fied
- 1:58Venezuelan rub distiller. So.
- 2:00Well, yeah, you wouldn't want it for that.
- 2:03I'm doing the same thing. I haven't drank this any of this
- 2:06stuff in like 6 months but I'm looking same thing at the shelf
- 2:09and I'm like oh this one's a little low so I better start
- 2:12making these out. Create some space.
- 2:14Well, what's going on? What?
- 2:17What's happening in the world? You know, the war continues to
- 2:20rage on and I ran hard to hard to know exactly, you know, the
- 2:29progress. I mean, it sounds like they're
- 2:31taking out a lot of the targets. And I think there's questions of
- 2:36whether the the current Ayatollah's son is alive or I
- 2:42don't think he's been seen publicly, but they they say he's
- 2:47alive and well. So we'll see if that turns out.
- 2:51But, you know, I think there's hope again that there's going to
- 2:55be a overthrow of some kind. I think obviously the, the
- 2:59government's pretty entrenched. I know I've been reading about
- 3:02the former Shaw's son. Supposedly he's working on some
- 3:06angles. I mean, I just, you know, not
- 3:08sure how, how and when the the people can stand up and what,
- 3:14what that tipping point looks like.
- 3:16I think the other big issue right now is the Strait of
- 3:19Hormuz and the right, you know, lobbing up little drones and
- 3:24stutch. I mean, I think we've pretty
- 3:25much taken out their Navy. We've taken out the big ships,
- 3:27but it now it's a problem with these little drones they lob up
- 3:32and creating havoc and scaring off the tankers.
- 3:35Well, I won't pass myself off as a military expert, but I think
- 3:38this is being keeping with things that you said in the
- 3:41past. I mean, if we've learned one
- 3:43thing from Ukraine and the use of drones, you know, maybe big
- 3:50capital warships are not where we ought to be spending our
- 3:54billions. I mean, seriously, like for all
- 4:00of this, we got all the Tomahawks in the world.
- 4:02We're, we're flying B twos around the world and ultimately
- 4:08it's floating mines and drones that have choked the world's oil
- 4:16supply. I mean, I, I think that is, and,
- 4:20and I'm not saying this just to beat a drum on the
- 4:23administration, but it's like, man, you have got to look at the
- 4:27world has changed really, really fast.
- 4:30I, I think, I think this is, this is going to sound stupid,
- 4:36but I think that the nature of warfare is being changed
- 4:43arguably as much as the original invention of the airplane and
- 4:49maybe even the the game changing that nuclear weapons were.
- 4:57What changed was not just the ability of nuclear weapons to
- 4:59kill a lot of people. It was like the like the
- 5:03ultimate trump card and it required this just massive
- 5:08capital and scientific investment to do it.
- 5:13Well, you have something doesn't kill people at the rate like
- 5:16nuclear weapons do, but three dudes in a basement can now make
- 5:20stuff that can, you know what I mean?
- 5:23I think it's, I think it's really profound.
- 5:26I think it is too. And I, I would say one of the
- 5:30things that highlights is something that is bigger than an
- 5:34administration and that is the, the military industrial complex.
- 5:41I mean, it moves like a slow, huge aircraft carrier.
- 5:45And, you know, in the world of AI and rapid advancement in
- 5:51technology, I think that's our biggest risk is the ship is not
- 5:55going to move fast enough because, you know, the the B21
- 6:00that we're spending gazillions of dollars on right now, Well,
- 6:05you know, that's technology they decided upon a decade ago.
- 6:09You know, and it's like we got to be able to move faster to
- 6:13these really asymmetric threats. Yeah, I think that that's really
- 6:18the the lesson on this. I think it's telling that we're
- 6:25not even ready to claim that we can protect ships through the
- 6:29Straits of Hormuz. You know, we I don't know and I
- 6:34don't know if they could right. What do you do?
- 6:36You send a destroyer alongside and you hope that they're that
- 6:42they're anti missile defense can protect the ship next to you.
- 6:48I don't know. You know the part.
- 6:50I'm I am not an economist and I don't even play one on
- 6:54television. But I don't, you know, one thing
- 6:57I don't understand and maybe you can help me with is the price of
- 7:02oil and how, you know, I get that it's a global commodity
- 7:08market, but why is it that, you know, OK, the price of oil goes
- 7:16up because this issue with the Strait of Hormuz.
- 7:19But if I look at the United States, we get like 4% of the
- 7:23oil or oil from the Middle East. So that supply disruption, it's
- 7:30not disrupting our supply, it's just disrupting the global
- 7:34supply. And thus the price goes up.
- 7:36And it's like how why can't there be a way to carve out
- 7:41price of oil in the US versus the price of oil in places that
- 7:44are much heavier dependent on the Middle East?
- 7:48Yeah, it's a it's honestly a really good question.
- 7:50And you know, opponents of globalization would point to
- 7:54this and say, you know, how is it that we we've got plenty of
- 8:00oil in Texas and in Oklahoma and California and off in the Gulf
- 8:05of Mexico, we have plenty of oil.
- 8:07We're virtually self-sufficient. Well, why are we?
- 8:14Why are we paying these domestic companies that and it?
- 8:18Seems like if again, now this is my simplistic understanding, but
- 8:24oh, the price of oil went up. Well, I'm going to, I was
- 8:27charging $3 a gallon last week. This week I'm going to charge
- 8:30$4.00 a gallon. But you know, but I guess their
- 8:34price is going up because the global price is going up.
- 8:36But it it just doesn't make sense to me.
- 8:38If anything, the price of oil should be going down, right?
- 8:41Because we've got the world's largest supply in Venezuela is
- 8:46now not under the thumb of this, right?
- 8:52And even if we don't have enough oil in the US, if you add the US
- 8:56and Venezuela, keep your tankers in the straits, I don't care,
- 9:02right? But that's not how it's playing
- 9:04out. Well, but I think it's a, you
- 9:07know, it's, it's also kind of a point when you think about it,
- 9:12when you know, the Republicans are always famous of talking
- 9:15about energy independence. Well, it's kind of ABS concept
- 9:18because there is no such thing as energy independence because
- 9:21we could be supplying 100% of it and we're still going to charge
- 9:24the, because it's all futures based and everybody's paid for
- 9:27it based on the global price. So there is no such thing as a,
- 9:31you know, independent oil energy independence.
- 9:36Yeah, I agree. I agree.
- 9:40Yeah, it's. OK.
- 9:42So then that brings me to another question.
- 9:45Could other things become commoditized and sold in the
- 9:52futures market? And I guess where I'm going with
- 9:53that is like we've been playing around with calci a little bit
- 9:57and these are in that whatever the other betting website like,
- 10:02could other things become commoditized that aren't
- 10:05commoditized now? Well, actually you're talking to
- 10:10me from Texas. And it was about 25 years ago
- 10:13that a little company in Houston called Enron set out to
- 10:21commoditize the market for broadband.
- 10:24That was one of their things. And I'm going to find this
- 10:28should be good for the show notes.
- 10:29I'm going to find this is worth, this is worth viewing.
- 10:36I'm going to send you this. It's just the most beautiful
- 10:41thing. This is an actual Enron
- 10:44commercial. Can you see it?
- 10:46Yeah. Looks vaguely familiar.
- 10:49Oh, a new market? Ask why.
- 10:56But it's a good point. Like what else is out there?
- 11:00What about data centers? Yeah.
- 11:03Oh yeah, that's true. I mean commoditized compute
- 11:08price. One could be water rights.
- 11:11That would be interesting. Yeah, talking about a scarce
- 11:15commodity. Yeah, definitely.
- 11:18So. So how are you feeling about
- 11:22things? I, you know, I guess I'll state
- 11:24my position. I don't want to just sound like
- 11:26I'm griping about things. I I'm not willing to.
- 11:30I got a lot of friends, a lot of the left is up in arms.
- 11:34I'm not going to say that it was a bad thing to take out the
- 11:36leaders of the Islamic Republic of Iran.
- 11:41I mean, I, I don't think that that's an inherently bad thing.
- 11:45I am concerned about confused war aims, you know, like, when
- 11:50do we know that we won? Trump's kind of prevaricating on
- 11:54that, you know, oh, it's almost over.
- 11:57And then Pete Hegseth is out there that, you know, we're in
- 12:01for the long haul. So I don't know any any thoughts
- 12:04on that? Yeah, You know, I don't know.
- 12:09I always liked, you know, when I was in the military and then as
- 12:15I got to know politics. I always liked the the
- 12:19Weinberger doctrine they talked about in the 80s, which was we
- 12:24only go to war when there is a, you know, material threat to the
- 12:29United States. Then we we go at it with
- 12:34overwhelming force, with a clear objective of when you're
- 12:39completed. I mean, I'm a little mixed on
- 12:43the threat. I mean, I think it's a threat.
- 12:46But, you know, I saw a somebody aired a video, a conservative
- 12:51commentator I watch, he was griping about it early on,
- 12:55showed this reel of Benjamin Netanyahu talking in different
- 13:01snippets from like 1978 until now.
- 13:07Like Iran is weeks away from centrifuges creating a nuclear
- 13:12weapon. You know, it's like they've been
- 13:15weeks away for 40 years, you know, and not 78.
- 13:19It was something like, but it was like 80s.
- 13:21I mean, it's a long time. So that has been said for a long
- 13:25time. I do think I don't to me, I
- 13:31don't really think I, you know, and maybe Imran, maybe they get
- 13:36in there and they're like, yeah, they were really close to a
- 13:37nuclear weapon. To me, the nuclear weapon thing
- 13:40is like North Korea, It's their it's their chip, their golden
- 13:45chip to for keeping people away from them.
- 13:49Like, I don't know that how big of a threat that really is.
- 13:55I'm more thinking along the lines that Iran is a threat to
- 14:00everything else in the world or and world order, you know,
- 14:04whether it be Ukraine, whether it's be whether it be what's
- 14:07going on and Russia and China and all these places in
- 14:10Hezbollah and Hamas. And so I see them more as a
- 14:14global bad strings puller than like, I guess I wasn't as
- 14:20fearful that they were going to slap nukes on a ICBM and lob
- 14:24them over here. I was more of the these guys are
- 14:28a pain in the ass and they need to be dealt with.
- 14:30OK. So I the number one of the the
- 14:34Weinberger doctrine I'm good with #2 overwhelming force.
- 14:39I think it's is overwhelming a force as we're willing to use is
- 14:43the, is the key there. Because I mean, I don't think
- 14:48anybody wants to see a million troops storming that.
- 14:51And, and I guess that's the part that gets then tricky is this
- 14:58when do you know that you're finished type of a thing.
- 15:00And I think what we, I, I think that was one of the mistakes of
- 15:04the, of the Iraq war is a, we're going to send in brigades and
- 15:08divisions and we're going to make this place a democracy and
- 15:11we're going to make everybody happy.
- 15:12Well, I think, you know, we talked about this the other day.
- 15:16I mean, I think it was a really painful journey.
- 15:19I think Iraq's in a pretty good place now, but like, I don't
- 15:23know that sending people door to door was necessarily the way to
- 15:27get there. So I kind of like the approach
- 15:31with Iran where it's much more air power driven.
- 15:37I'm OK with ground power as long as it's special forces and it's
- 15:40pinpointed. And you know, I don't think we
- 15:43should be going door to door because again, like to me,
- 15:47that's the problem to solve. And that's the other thing.
- 15:50I mean, the problem to solve Iran isn't like World War Two.
- 15:54We got to break the will of the people.
- 15:56I mean, the people aren't the problem.
- 15:57It's the Yahoo's in charge. And so that is where I find it
- 16:03challenging. Here is like, how do you define
- 16:06that point? I think one way you could define
- 16:09it is when the government's obliterated to the point where
- 16:14the people actually can jump up and and take control.
- 16:18But the part I'm worried about is can you get to a place where
- 16:24the government is debilitated enough, but the people still are
- 16:30there and can make a difference? Or does it get to a, you know,
- 16:36look at the situation in Gaza? Does it get to a place where the
- 16:39whole place is just in ruins and nobody's going to be in control?
- 16:42So I don't know, I, I'm all, I'm like, I'm with you.
- 16:45I'm and and, and I think I would hope that no matter who's in
- 16:50charge, I think I would have supported something like this.
- 16:53But I also think this is a problem that you know it it it
- 16:58don't know that this is a solvable, easily solvable
- 17:00problem for either side of the aisle as part of the challenge.
- 17:03Yeah, on that front about bipartisanship, I will refer to,
- 17:08I don't know if you saw the editorial by David Boies in the
- 17:13Wall Street Journal. It was really good.
- 17:16He's a prominent Democrat. And he said we basically we
- 17:21shouldn't be airing our laundry in public.
- 17:24Right? Like if the United States has to
- 17:26undergo a military effort, we we can debate the prudence of it,
- 17:31but we're not going to undercut the successes of our military.
- 17:36I I mostly agree with that. I mostly agree with that.
- 17:43I'm not convinced that this is an inherently like an inherently
- 17:49immoral, you know what I mean? But yeah, I think that I don't.
- 17:54I also don't think we should try to refuse people the right to
- 17:58make their beliefs known too, you know?
- 18:01So yeah, yeah. I mean.
- 18:06I'm rooting for us, you know, and I and I and I hope that I
- 18:13need to hold me accountable because we're going to, we're
- 18:15going to keep doing this podcast for the next 20 years, Kent.
- 18:17So, you know, the next Democrat gets into hold me accountable to
- 18:22be rooting for the US regardless of where we're at.
- 18:25I mean, if we're in the thick of it, we need to root for our our
- 18:30country. But of course.
- 18:32My criticism is I think that the idea of being able to effect
- 18:37regime change from the air, I, I don't, I don't think that's
- 18:43happened in history and I don't think it's going to happen here.
- 18:48And you know, some of that's for me, Like I, I don't know if,
- 18:53like I said the other week, you know, if Russia decided, hey,
- 18:56they think Trump's really on the ropes, 66% of the country
- 19:00doesn't support the guy. Well, let's just, let's just
- 19:04blow up the White House and maybe the people will rise up
- 19:07against Trump. And I'm like, I'm making a false
- 19:12equivalence because I know it's not the same thing, but nothing
- 19:16would galvanized me in support of Donald Trump.
- 19:19Like, yeah, before in power deciding to try to kill him.
- 19:23Yeah, so. No.
- 19:25And I, I mean, that makes sense. But I do think the Iran
- 19:31situation is a yeah, you can say it's a, a matter of degree, but
- 19:36I think it's a significant enough difference.
- 19:39And it's also a, you know, I think the the level of
- 19:44atrocities and vadnais of the regime is beyond like left,
- 19:51right fight. It's like. 100% agree and I
- 19:54don't. Need people.
- 19:56No, no, I know. But I mean, I think even the
- 19:57locals generally see that. But I I really worry about that
- 20:03because like again. Great, you take out the bad
- 20:08guys, but if bombs are exploding every day in my city and I live
- 20:12in Tehran, at some point I'm going to like, I I'm sick of
- 20:17getting bombed, you know, and it's like, that's the part I'm
- 20:21most fearful about. This is how do you keep the will
- 20:25of the people like glad that we're getting rid of the regime
- 20:30and not like, hey, you sons of bitches, stop bowing us.
- 20:34I don't care who's in charge because that could happen and
- 20:36that's to me the. Biggest risk 100%.
- 20:40The other thing that you know, that we've touched on here, this
- 20:43idea about the straights being messed up.
- 20:46And I just don't know that like our ability to to clear that up,
- 20:54that is not going to be easy. It could be a pretty, pretty low
- 20:59common denominator of what it takes to, you know, that
- 21:03straights 25 miles wide at the choke point or something like
- 21:07that, you know? I don't know.
- 21:10I saw a, a map of dots of all the ships and it shows all these
- 21:16ships on the Iran side. And I'm, I was thinking that,
- 21:18you know, B50 twos at a 50,000 foot altitude, carpet bombing
- 21:24might have an impact, but I don't know they've tried that
- 21:27yet, but. I don't.
- 21:31Know that was always the the I think that was like Vietnam, you
- 21:35know they were B50 twos were doing 50,000 foot carpet
- 21:39bombing. I mean, that's pretty precise,
- 21:41you know, Well. And you fly your bombs and
- 21:46everything like that and you blow up a bunch of boats and
- 21:48then some dude gets a drone out of his garage with a remote
- 21:51control that he bought at Best Buy and you I blow up a tanker.
- 21:57I mean, that's the, that's the real risk of, of this the.
- 22:00Other thing I'm I'm really interested in, which I think
- 22:04will be a benefit is when Saudi and the UAE and Qatar and
- 22:10Bahrain, they're close to a tipping point when they're like,
- 22:14all right, you bastards, all right, you keep bombing me,
- 22:17fine, we're in. Well, one thing that I came
- 22:20across this week when I was doing some reading that I,
- 22:27again, this is like confessing that I was so out of it.
- 22:33One of the things that that caught my attention, you know,
- 22:36there's been a lot of problems with the Houthi rebels.
- 22:40Yeah, from North Yemen. And I read a little deeper about
- 22:47the situation in Yemen, and I'm not kidding when I say that the
- 22:53scale of the problem in Yemen literally just blew my mind.
- 23:03Yeah, they. Say it's just the world's worst
- 23:04humanitarian crisis. And in terms of scale, so the
- 23:08whole country of Yemen, just to put it in context, is 42,000,000
- 23:14people. That's more people.
- 23:17If a lot of people don't even know where Yemen is.
- 23:19It's kind of the southern end of the Arabian Peninsula.
- 23:24It has a higher population than Saudi Arabia, but they've been
- 23:29in a 25 year civil war. And so the Houthi rebels hold
- 23:36the capital of Sanaa. And, you know, again, I don't
- 23:41want to, like, give people a history lesson, but this war has
- 23:45gone on. And what it's created is a
- 23:51genuine, like, present and real starvation crisis for millions
- 23:58of people. The the population and size of
- 24:02the country is very similar to Texas.
- 24:06Wow. It's about as many people in
- 24:09Texas, similar land mass, yeah. And the government is completely
- 24:14collapsed and there's no services and nobody's got food
- 24:19to eat or anything. It's.
- 24:20Or even water the capital, right?
- 24:25So one of the things that happens is that they do have
- 24:29some agricultural capacity, but it all gets diverted into
- 24:35growing cat The it's a thing they chew.
- 24:41It's kind of like cocaine leaves.
- 24:45And so there's this huge drug market that a lot of the water
- 24:50that should be growing to, you know, Raisin staple crops to
- 24:56feed people gets diverted. It is just a disaster.
- 25:02And so a lot of my research was done with the help of AI, but I
- 25:07was like, well, you know, first of all, why?
- 25:10Why is this the way that it is? And it's this long standing
- 25:14civil war that there's been really no resolution to.
- 25:18Well, and it's kind of what I'm reading about.
- 25:20It's kind of a three-way thing because you've got the Houthis,
- 25:23then you've got, you know, the, the UAE is supporting A faction
- 25:27and the Saudis are supporting A faction and they're all arming
- 25:30these people, which is a little interesting to me because I
- 25:33wouldn't have thought the Saudis and the UAE would be against
- 25:37each other. But they are kind of a because
- 25:41you've got, so you got the Houthis in the northwest.
- 25:44They control they're. Supported by Iran.
- 25:46They're supported by Iran and then you've got the Presidential
- 25:49Leadership Council, which is backed mainly by Saudi.
- 25:53They're based in the southern port of Aden.
- 25:56And then you've got the southern separatists, the STC they call
- 26:01them. And it's a UAE backed movement
- 26:04and they want South of Yemen to be its own country again.
- 26:07So now you you've almost got like not only they're fighting
- 26:11for Yemen, they're fighting for chunks of Yemen.
- 26:13It's really complicated, so. I, I don't have any, any hope of
- 26:21offering any solutions on it, but it, it struck with one of
- 26:26the things that I asked was, you know, when I was a kid, when,
- 26:31when we were young, the year that I graduated from high
- 26:35school, we had Live Aid and we are the world and there was a
- 26:41famine in Ethiopia. And to the world's credit, a lot
- 26:47of high society and culture rallied around raising money to
- 26:51address this looming humanitarian crisis in Ethiopia.
- 26:56And I looked it up at the time, the population of Ethiopia was 8
- 27:01million people, 20% the number of people we're talking about in
- 27:07Yemen. And I'm not seeing any concerts
- 27:11to let's save the people of Yemen.
- 27:13And you know why? Why is this not even really on
- 27:17the global radar? Well, OK, there's 19,000,000
- 27:23Yemenis that need aid today in a country of roughly 34 to 35
- 27:28million people. It's been a longer path than the
- 27:35Ethiopian famine, but still. Yeah, you're right.
- 27:41It's and it and it's not OK, This might be a politically
- 27:48insensitive thing to say. And actually, I don't mean it
- 27:51that way because I, I don't mean this negatively, but I, what I
- 27:56mean by politically insensitive is it may make people throw
- 28:00things at me, but is the, is the racial and ethnic background of
- 28:11Ethiopians more politically favorable than the IT?
- 28:16Is starving blackhead more politically favorable than a
- 28:23starving Muslim Arab kid? I don't know.
- 28:26I I That sounds awful, but is that a factor?
- 28:30I, I think it can't not be a factor.
- 28:33And you know, I'll even admit to myself again, I, I knew that
- 28:39Yemen had a lot of problems, right?
- 28:42And I knew that the Houthi rebels were lobbing missiles at
- 28:46at ships in the in the Red Sea shortly after the time of Live
- 28:53Aid, when we tried to help out Ethiopia.
- 28:55Five years later, we were invading Iraq the first time.
- 29:03And so for 35 years of my 58 years on the planet, we've been
- 29:10in some degree of fighting with unstable countries in the Middle
- 29:17East. And even before that, in the
- 29:1980s, you know, we, we were looking back on the, since the,
- 29:26since the creation of the state of Israel from 1948 to today, 80
- 29:31years of an unbroken cycle of violence and tragedy.
- 29:39And, and part of it is that maybe people just get inured.
- 29:44Here's a top ten list of top humanitarian crises in the world
- 29:48today. Top of the list is Sudan, 33 to
- 29:5334 million people involved, civil war, famine, displacement.
- 29:57Syria next 16 to 17,000,000, civil war, economic collapse.
- 30:02Afghanistan. This high on the list is third
- 30:05with drought. I guess I didn't realize that
- 30:082324 million in need Yemen is #4 Ethiopia still 2020 million in
- 30:14Ethiopia is a problem. Congo Democrat.
- 30:19Why do the hell do they say Democratic Republic of Congo or
- 30:23Democratic Republic of? I mean, can somebody at a global
- 30:29level say there is 0 democratic anything in the Republic of
- 30:34Congo? Like OK, Gaza #7 Ukraine 8,
- 30:39South Sudan, Haiti. Interesting.
- 30:42Yeah, yeah. But I mean, Yemen, like you
- 30:44said, it is square in the middle of some of the worst things
- 30:48happening. And it's just a, you know, we,
- 30:55you know, you start thinking about us and where we rank in
- 31:00the world today. And then like, if you look at
- 31:02your the math of like what you make per year and how that ranks
- 31:08in the world, it's like we're like the top.
- 31:12And I think part of why, I mean, part of the problem here is it's
- 31:18like we're at the top and it just looks like a too
- 31:23insurmountable, insurmountable of a problem.
- 31:26And there's nothing I can do. I mean, if if the top whatever X
- 31:32percent feels like there's nothing they can do, well then
- 31:35nothing's going to get done for anybody.
- 31:38Yeah, yeah. I don't know if I have a point
- 31:42on this other than I. Don't know I I love the
- 31:45conversation. It it it.
- 31:48I mean, I don't love that that sounds really negative.
- 31:51I don't love that we're talk that there's fam.
- 31:53And I'm just saying, I love that we're digging into this.
- 31:56Yeah, no, I, I, I, I think it's more, I think your point is
- 32:01right. Like what?
- 32:02This left me thinking more than anything was like, I I'm paying
- 32:07really close attention to the price of oil and what's this
- 32:10going to do to our GDP and. And our, you know, 4 O1 KS,
- 32:17right? Yeah.
- 32:18And you know, we're talking about movement of a percent or
- 32:22two here and there. And just like, wow, you know, I
- 32:26can't not pay attention to my my own future, right?
- 32:30I got to be prudent about those things, But it's a real wake up
- 32:34call to me to think about. I I've got 5 percenter problems
- 32:41of first world problems. You know what I mean?
- 32:45Like it And I don't I can't, I can't and I don't want to not
- 32:51live my own life. That's what I'm saying.
- 32:53But how do you reconcile some of this?
- 32:58And I think our news media does us no favors because it's very
- 33:03selective in what it portrays to us.
- 33:08And this is how a relatively well read and educated man can
- 33:11be completely unaware that 18 million people in Yemen are in
- 33:19danger of of a famine. A $60,000 annual salary puts you
- 33:26at the top 1 to 2% of the world. And we live in the time when we
- 33:35live in the most prosperous time in the history of human beings.
- 33:39So if you're the top 1% in the world today, you're in the top
- 33:44100th of a percent, or the top ten thousandth of a percent in
- 33:49the history of humanity. I mean, what's crazy is you can
- 33:55make 10 grand a year and be in the top. 20% wow.
- 34:03You know, one of the things that is always interesting about
- 34:08those kind of statistics to me though, 'cause I think I read
- 34:11somewhere that in Yemen, like the per capita income, you know,
- 34:17it's like $600.00 or something like that.
- 34:20But, but they have different markets than we do too.
- 34:25I mean, I, I don't know, it's, and, and that difference is so
- 34:30extreme that it almost, I mean, to your point, like, I don't
- 34:37know, I'm one of the, I'm one of the 1% richest people in the
- 34:43history of humanity. It's hard to just say those
- 34:46words out loud. And I can do absolutely nothing
- 34:49about Yemen. Yeah, well, I guess I could
- 34:53surface it on a podcast in our, our, our audience of thousands.
- 35:02It's it's not us. It's all the you people that
- 35:05that got to take this off. Yeah, it's like.
- 35:09That it's like that podcast with Mark Cuban.
- 35:13It's like we got to get more money in Ukraine.
- 35:15How much are you giving, Mark? Well, yeah.
- 35:21So Elon is at the top. At the bottom is 0.
- 35:26Says the middle person on Earth makes 8 to 10 grand a year.
- 35:30But that OK, that doesn't make sense because the top 20% is 10.
- 35:33So this may not these numbers may not be working right.
- 35:37Yeah. Is it averages or median?
- 35:40The median person is medium. How much does, how much does
- 35:46Elon Musk make, like the medians going to be like the median
- 35:50income in the planets going to be like a trillion, $500 billion
- 35:56or something? That doesn't really tell the
- 35:58whole story. There's a the data science
- 36:02world. We call that a, a left skewed.
- 36:05That's right. Yeah.
- 36:11I don't know. I don't know.
- 36:13You know what is it? But you know, you bring up a
- 36:15good point in that like, OK, well, we talked about this top
- 36:20ten list, Sudan, Syria, Afghanistan, Yemen, Ethiopia,
- 36:24Congo, Gaza, Ukraine, South Sudan, Haiti.
- 36:28If you went through every news source, whether online
- 36:33television, I mean, everybody's probably heard about Gaza in
- 36:42Ukraine. I'll be honest, I haven't seen a
- 36:46report on any news article on Sudan in probably a year or
- 36:52more, right. And Yemen's on that list too.
- 36:56You know, Yemen, you're hearing a little bit now with the
- 36:58conflict in the Middle East. But, you know, it's, you know,
- 37:03that's the part that pisses me off a little bit like, well, a
- 37:08lot like, I mean, I don't watch television news anymore because
- 37:12it's just worthless and it's just these Yahoo's up there
- 37:15yelling at each other. But you know, I felt like at one
- 37:19time television news, like headline news in the beginning
- 37:23was actually really informative. I always laugh because we had a
- 37:28a friend of our, I got some friends that are big into sports
- 37:34betting and gambling, you know, and nowadays you monitor
- 37:37everything online, but the old days like to keep track of the
- 37:40scores, you had to watch, you know, headline news or
- 37:43something. And this one guy, you know,
- 37:46friend of ours, he's talking to one of his buddies about a game
- 37:50or something. The guy's like, oh, did you see
- 37:51about this and the price of oil and this and what like, And he's
- 37:54like, man, you're really informed on current events and
- 37:57he's like, well, you know, I've been watching headline news
- 38:00non-stop for the last, you know, 48 hours.
- 38:03So he's really informed. He's mainly watching the scores.
- 38:08But I mean, there's not many places you can just get
- 38:13information. I always like when I'm
- 38:15travelling, I like CNN International or BBC
- 38:19International. And I feel like those you do see
- 38:22these different feature stories and different parts of the
- 38:24world, but like we're so 8 up with our own bullshit here in
- 38:32the US. We never know what's going on in
- 38:34the rest of the world. And it really is kind of
- 38:36sickening when you think about. It well, and to to punctuate
- 38:41that point, you know, the the other one that makes me awfully,
- 38:48awfully sad is that they're not all 12,000 miles away from us.
- 38:56I fly over Haiti going to vacations.
- 39:01You know that that is one that's right here in our hem, not even
- 39:06in our hemisphere. It's in our backyard, for
- 39:08heaven's sake, and we've been able to do literally nothing to
- 39:14help the nation of Haiti. OK so now then gets to another
- 39:19topic of this and this is good. OK, we all talk about we think
- 39:28starving people is bad, famine or all that's bad.
- 39:34OK, but let's go down the path of forget war for a minute.
- 39:38Say you solve the war, how do you feed all these people?
- 39:43And is that possible? And I don't, I'm not saying this
- 39:48like I'm trying to get out of it something.
- 39:50I don't want to make it sound like that.
- 39:52I guess I wonder about is part of the reason these problems
- 39:58don't get solved because they're unsolvable?
- 40:02Yeah, probably. So probably that's a part of it.
- 40:06I mean, it's not for lack of trying that we haven't been able
- 40:10to help Haiti, you know, the the amount of and not so much our
- 40:16government, but Haiti is a big destination for faith-based
- 40:21charitable organizations to do things.
- 40:24Yeah. And and there's always this kind
- 40:27of like, well, it's not our government's job.
- 40:29We should let let the churches take care of this.
- 40:32You hear this about welfare, things like that.
- 40:34Well, after having spent some time of my career working in
- 40:38churches where nationwide the average giving of church going
- 40:48people, not of the, but the average amount that people
- 40:51actually give the churches hovers usually at most estimates
- 40:56are around 1% of the income of the congregation.
- 41:01And, and I'm not, I'm not trying to shame people for that, but
- 41:04it's like, I mean, well, I don't, I don't want to pay
- 41:07taxes. It's not something our
- 41:08government should do. We should let the churches
- 41:10handle it. I'm like, well, the church is
- 41:12going to handle the churches can't keep their doors open in
- 41:15this country. The number of churches that are,
- 41:20you know, little dying congregations out in the country
- 41:24that are shuttering their doors every year.
- 41:26And and that's going to be your plan for I guess that's my
- 41:31point. You know, government is
- 41:33inherently inefficient. I can't argue with that.
- 41:37Well meaning churches who are doing the best that they can are
- 41:43are do the best they can, but but equally susceptible to
- 41:50problems. Well, and the kind of money
- 41:54that's the other part is like the kind of money that it's
- 41:59going to take to make a dent in this stuff.
- 42:02It's going to be, it's going to have to hurt.
- 42:05But then it's like governments are the most inefficient way to
- 42:09collect the money because then you're going to pay all these
- 42:11idiots and they're going to waste money and all this
- 42:13nonsense. Well, you know, I'm not a big
- 42:17one for let government fix it all.
- 42:20I mean, I, I am a Democrat. I learn more liberal that way.
- 42:24I'm less concerned about having government involvement with
- 42:28things. But even I would say like, I
- 42:33don't, you know, that's not an easy.
- 42:37So I think that it's inefficient to expect religious
- 42:41organizations to do it. We, EU NS pretty busy elsewhere.
- 42:46There have been attempts in Haiti to leverage like, don't
- 42:54quote me if I'm wrong. If I'm right, quote me 'cause
- 42:56it'll look brilliant. But if I'm wrong, I think it's
- 42:59is it Nigeria or Kenya that has been putting their own troops to
- 43:04support peacekeeping in Haiti that might be wrong?
- 43:11I mean. So I guess what I'm saying is,
- 43:13you know what we ought to do. Kenya, I mean Kenya has been
- 43:16forking over 5500 people to it's called the the gang suppression
- 43:25force. Interesting.
- 43:29My thing is, though, back to OK, if I'm Elon Musk, hey, I'm going
- 43:35to fix the situation in Haiti and I'm we're going to land in C
- 43:40fives full of fun meals and we're going to feed everybody.
- 43:45That's not going to fix it. Like you can feed your we could
- 43:48we could open up. Food.
- 43:50Stores free grocery stores and feed everybody.
- 43:55But like, really fixing these situations isn't just like
- 44:02handing out food. It's creating a methodology and
- 44:05a governance. To me, it's no.
- 44:08It's no coincidence that the top 10 humanitarian crises in the
- 44:14world are and ten of the most screwed up countries in the
- 44:19world. Yeah, 100% agree.
- 44:23Is is famine the problem or the symptom of the disease?
- 44:26Yeah. What about what about a prize?
- 44:32Hear me out on this. What about if you said if if
- 44:36you're Elon Musk and you wanted to do something, what if you
- 44:39said I have $100 billion prize that I will award to anybody who
- 44:48can build a, you know, do it in a competitive way, you know,
- 44:54like if you can build a functioning government
- 44:58infrastructure in, in Haiti. Well, I think about this like
- 45:04this whole rare earth bit. Like, could you create like a
- 45:10mining community and people are doing work and they're making
- 45:15money? I mean, well, I mean, a lot of
- 45:17parts of Africa like Congo, yeah, there's a diamond mining,
- 45:20but that is all, not a way of benefiting the population,
- 45:25right? Yeah.
- 45:26I don't know. Is there a way, though, to
- 45:29something not big bureaucratic government, not good luck,
- 45:35churches, you can do it. But is there a way to leverage?
- 45:39Yeah. You know, my brother-in-law
- 45:41always says about big, mostly about big domestic problems.
- 45:47You know, Congress is up there having their debate.
- 45:50You know, we could hire McKenzie or Boston Consulting to write a
- 45:54report about how to fix this stuff.
- 45:57And they could probably give you step by step what needs to
- 46:01happen in a pretty airtight way for these things.
- 46:06You know these are right. A lot of these things are not if
- 46:11you. Got the right people in our room
- 46:12you could probably solve, but can we get out of the way of our
- 46:17own bullshit political nonsense to solve?
- 46:21But. Yeah, Yeah, it's tough.
- 46:24Well, this is kind of a downer to think about these unfixable
- 46:27problems, but I don't know, I think it's healthy to to be
- 46:32reminded of, you know, kind of the to me, it's, it's healthy to
- 46:37be reminded of the position of privilege that we occupy.
- 46:41And I don't say that I don't think you need to just walk
- 46:45around open and feeling guilty. You know, we, we're, we're
- 46:49blessed and we're fortunate. I think that that I think that
- 46:54that has obligations to us and at a personal, but also at a
- 46:59kind of a collective level. And maybe that's the eye opening
- 47:05thing I need. I think the Bourbon and Rum
- 47:07podcast can fix it. I mean, all these other people
- 47:09can't fix it, but we can fix it, Ken.
- 47:11Well, we are. We are going to leverage our
- 47:16global reach and the moral authority.
- 47:22That's right. Hey, thanks for joining us on
- 47:27this episode of Bourbon and Rum Podcast.
- 47:29We hope you enjoyed it. Remember to subscribe on your
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