Latest / Yaron Brook Show / Tariff Lies Exposed; Xi, Modi & Putin Unmasked; Tourism Scams & UK Asylum Chaos | Yaron Brook Show
Transcript
- 0:04Speaker 1: Fundamental principles.
- 0:06Speaker 2: I've read them, rational self interest and individual wise.
- 0:14Speaker 1: This is the show, all right, everybody, welcome tore on
- 0:22Speaker 1: book show, on this on this Uh what is it's
- 0:27Speaker 1: It's September first, thanks for joining me. And uh, let's
- 0:34Speaker 1: see uh hm did you do you guys? Hear the music? Okay,
- 0:44Speaker 1: the opening music, theme and stuff. Just checking to see
- 0:48Speaker 1: that all the settings. Okay, it didn't seem right there hm.
- 0:56Speaker 1: So if I play that.
- 1:00Speaker 2: The metal principles of rational self weird individual wise, this
- 1:10Speaker 2: is the show.
- 1:15Speaker 1: All right. I'll play with it and fix it for
- 1:18Speaker 1: next time. Very faint, so you didn't hear the music,
- 1:27Speaker 1: all right, we'll get it. We'll get it fixed for
- 1:29Speaker 1: the next time. All right. Welcome to my new office.
- 1:33Speaker 1: This is my new location for the next three weeks.
- 1:37Speaker 1: Really uh in in Florence. This is the office I rendered.
- 1:42Speaker 1: I know it's not particularly exciting. The background is not
- 1:45Speaker 1: particularly stimulating, but you're not here for the background anyway.
- 1:49Speaker 1: And uh, soon enough, we'll be back home at my regular.
- 1:54Speaker 3: Hot at the regular regular studio. Now it's louder and
- 2:01Speaker 3: now you can hear it. All right, Okay, I'm gonna
- 2:05Speaker 3: I'm gonna play around with it and get it right somehow,
- 2:08Speaker 3: It's not it.
- 2:09Speaker 1: Wasn't feeding the music, wasn't feeding the sound. Right. All right,
- 2:15Speaker 1: we have I guess a lot to cover. I as
- 2:18Speaker 1: you know, I'm still in fall in Florence, Italy and
- 2:22Speaker 1: really amazing city. Did a lot of walking around town today.
- 2:28Speaker 1: No new museums today. I'll fill you in as we
- 2:32Speaker 1: go through the different museums in Florence and give you
- 2:34Speaker 1: accommodations around those. But a lot of walking. It's fun
- 2:40Speaker 1: to just walk through the little alleyways and the streets.
- 2:44Speaker 1: And as we're walking, we're like, oh, we need to
- 2:46Speaker 1: go to that place, and we need to go to
- 2:48Speaker 1: that place. And it's like any random church you walk
- 2:53Speaker 1: into in Florence, you'll find some masterpiece hanging on the wall.
- 2:58Speaker 1: It really is a lot of fun. So I encourage
- 3:02Speaker 1: you again visit Florence, come see the David, and stay
- 3:05Speaker 1: to see everything else. All right, let's let's get rolling.
- 3:11Speaker 1: I mean, in the beginning we're going to talk about tariffs.
- 3:15Speaker 1: So this is the White House today celebrating Labor Day.
- 3:17Speaker 1: So happy Labor Day. I'm not sure why we need
- 3:20Speaker 1: a labor day, but there you go. We've got a
- 3:24Speaker 1: labor day in the United States, at least in the US.
- 3:27Speaker 1: We don't celebrate on the first of May, which is
- 3:29Speaker 1: kind of the common labor day we celebrate it, I
- 3:34Speaker 1: guess the first Monday in September or something like that.
- 3:40Speaker 1: But it would be great to have an entrepreneur day,
- 3:43Speaker 1: a businessman day, a capitalist day, capitalist day, a banker's day,
- 3:51Speaker 1: a Wall Street day, those will all be really good.
- 3:54Speaker 1: So but right now we have labor Day. I'll remind
- 3:59Speaker 1: you that labor with our capital can produce nothing zero
- 4:07Speaker 1: zoach subsistence. And look, labors needed. Labor needs, you know,
- 4:14Speaker 1: capitalists and need labor to put in place the plans
- 4:18Speaker 1: and and to actually do the physical labor required. And
- 4:23Speaker 1: there's a lot of physical labor that is required to
- 4:26Speaker 1: make our lives good. And that is good. So there's
- 4:31Speaker 1: no harmage celebrating labor. It's just disproportionate in a sense
- 4:35Speaker 1: that we never celebrate anything else. So today the White
- 4:40Speaker 1: House announced that.
- 4:43Speaker 4: That this is the white House Twitter accounts that.
- 4:49Speaker 1: President Trump's trade policies have helped drive more than eight
- 4:54Speaker 1: trillion dollars of new US investments, creating hundreds of thousands
- 5:01Speaker 1: of jobs, and this You can add this to the
- 5:07Speaker 1: four trillion dollars of net deficit reduction that tariffs are
- 5:11Speaker 1: responsible for. You know, the eight trillion dollars of investments
- 5:16Speaker 1: of new business, five trillion of new business investments, hundreds
- 5:19Speaker 1: of thousands of jobs.
- 5:21Speaker 4: Record low gas prices.
- 5:23Speaker 1: I think Trump today tweeted this is this is traumpa prices.
- 5:29Speaker 1: Prices generally are way down in the United States with
- 5:33Speaker 1: virtually no inflation, with the exception of ridiculous, corrupt politicians
- 5:38Speaker 1: approved windmills which are killing every state and county that
- 5:42Speaker 1: uses them. Energy prices are falling big time. Gasoline is
- 5:46Speaker 1: at many years lows. All of this despite magnificent tariffs
- 5:51Speaker 1: which are bringing in trillions of dollars from countries that
- 5:55Speaker 1: took that took total advantage of US for decades, and
- 5:58Speaker 1: am making America strong and respected again. We'll get to
- 6:02Speaker 1: the making America expected again later. But this administration, you know,
- 6:11Speaker 1: lies with bombast. They don't just do the two we goal.
- 6:16Speaker 1: You know, a politician lie, They lie big trillions of dollars.
- 6:21Speaker 1: Prices are going down. Haven't you noticed every time you
- 6:23Speaker 1: get to go see store, the basket of goods that
- 6:26Speaker 1: you buy is actually costs less every time you.
- 6:29Speaker 4: Go since Trump got elected.
- 6:31Speaker 1: I mean, it's amazing how he has not only reduced
- 6:34Speaker 1: the level of inflation, he's actually made it negative. Now
- 6:36Speaker 1: prices are going down. I mean, it's all just fiction, fantasy,
- 6:43Speaker 1: bold face lies. It's not ignorance, it's not stupidity. It's
- 6:52Speaker 1: you know what, you say it and it will become
- 6:55Speaker 1: true because if you say it, and you say what convict,
- 7:00Speaker 1: and if you make the numbers big enough so that people,
- 7:03Speaker 1: you know, once you talk to trillions, people can't even
- 7:06Speaker 1: comprehend the numbers. You know, people just are going to buy. Okay,
- 7:11Speaker 1: maybe it's not a trillion, but it's something. He wouldn't
- 7:14Speaker 1: say a trillion if itels zero. So maybe it's not
- 7:17Speaker 1: a trillion. Maybe tony four trillion, maybe tony two trillion,
- 7:20Speaker 1: A trillion here, a trillion? They who cares? But it's
- 7:24Speaker 1: all a lie. The tariff revenues are there, but they're
- 7:30Speaker 1: not in the trillions. They're in the billions maybe, and
- 7:33Speaker 1: they're still small. And given that they're hooting in the
- 7:35Speaker 1: economy and reducing tax revenue elsewhere, the net effect is
- 7:39Speaker 1: probably negative. There is no real new business investment in
- 7:43Speaker 1: the United States as we'll see, businesses are hesitant to
- 7:47Speaker 1: invest in the US. They don't know tariffs are gonna hold,
- 7:51Speaker 1: They're not gonna hold. They don't know what the full
- 7:54Speaker 1: consequences of this to the economy is going to be,
- 7:57Speaker 1: So there's no real new investment net. People will really
- 8:02Speaker 1: just rephrasing investments that are gonna make any way. Is
- 8:06Speaker 1: as these are new investments. Who not to suck up
- 8:08Speaker 1: to Trump deficit reduction? The Big Beautiful Bill was a
- 8:14Speaker 1: massive deficit increase and hundreds of thousands of jobs.
- 8:19Speaker 4: Hundreds of thousands of jobs.
- 8:22Speaker 1: I mean, the latest job numbers clearly show that very
- 8:27Speaker 1: few jobs are being created right now in the economy.
- 8:29Speaker 1: And we'll see with the next few numbers if that holds.
- 8:33Speaker 4: Says, if we.
- 8:34Speaker 1: Get negative numbers now, the reality is that the next
- 8:37Speaker 1: few numbers that we get about employment out of the
- 8:41Speaker 1: Bureau of Labor Statistics are going to be made up
- 8:45Speaker 1: because Trump fired the guy responsible for the numbers and
- 8:50Speaker 1: delivering those numbers and appointed somebody who is going to
- 8:53Speaker 1: report numbers that Trump tells him. I mean, I wouldn't
- 8:56Speaker 1: be surprised if we hear next month that true millions
- 9:00Speaker 1: of jobs have been created. Trillions of jobs have been
- 9:03Speaker 1: created in the United States since Trump it took office.
- 9:06Speaker 1: They need. All the jobs ever in the entire history
- 9:08Speaker 1: of the United States were created because of Trump's policies.
- 9:15Speaker 1: This administration lies like no other administration ever has. That
- 9:19Speaker 1: I think is pretty clear. It lies boldly, It lies big.
- 9:24Speaker 1: It doesn't believe in small lies, big lies, big bold lies,
- 9:30Speaker 1: And when confronted with facts, they don't care. They just
- 9:35Speaker 1: ignore them. They keep on going.
- 9:39Speaker 5: I mean, think about eight trillion entire revenue, eight trillion
- 9:42Speaker 5: terira revenue, all of the inputs into the United States
- 9:47Speaker 5: in twenty twenty four, all of the inputs entire inputs
- 9:50Speaker 5: into the United States in twenty twenty four, we're three.
- 9:56Speaker 1: Point seven trillion. If you teariff that at twenty five
- 10:03Speaker 1: percent and they put their own change, you still have
- 10:06Speaker 1: the same amount of inputs. Then it's twenty five percent
- 10:08Speaker 1: of through very seven trillion. That's a quarter. That's maybe
- 10:11Speaker 1: one trillion. How can it be eight trillion, eight trillion?
- 10:18Speaker 1: You have to have to have two hundred percent and
- 10:20Speaker 1: assume that nobody changes their behavior as prices go up
- 10:23Speaker 1: two hundred percent, or that foreigners are willing to basically
- 10:29Speaker 1: take huge losses on the stuff they sell Americans so
- 10:32Speaker 1: that they pay the tariff. It's just so stupid. It's
- 10:37Speaker 1: not even sophisticated lies. It's not even lies that you
- 10:41Speaker 1: can somehow vaguely moderate, you know, defend.
- 10:47Speaker 4: It's just sheer, bold lying.
- 10:55Speaker 1: Now, you know, Secretary Scott Bessett was on Fox News.
- 11:00Speaker 1: I was asked by Laura Trump. I guess law of
- 11:04Speaker 1: Trump is a Fox News who knew? I didn't know
- 11:06Speaker 1: because and if always Fox News. But anyway, Laara Trump,
- 11:10Speaker 1: she asks him about, you know, these claims the tariffs.
- 11:14Speaker 1: I hidden tax on Americans? Is that possible? A hidden
- 11:17Speaker 1: tax on American consumers? Tariffs? Really? And this is this
- 11:22Speaker 1: is uh, this is his response. This is Scott Bessett.
- 11:26Speaker 3: He is one of the smarter people and woman would
- 11:29Speaker 3: have thought, maybe one of the more honest people in
- 11:31Speaker 3: the administration.
- 11:33Speaker 4: And this is what he says.
- 11:35Speaker 1: Why do we hear the European companies or the Chinese companies, uh,
- 11:40Speaker 1: you know, complain about tariffs if it's all being born
- 11:45Speaker 1: by the American people, It's just not happening. Now. Scott
- 11:50Speaker 1: Bessett is a smart guy. He's not an idiot. He
- 11:54Speaker 1: knows economics, he understands. So even if it's born one
- 11:59Speaker 1: hundred sent by Americans, which it mostly is, why would
- 12:05Speaker 1: Chinese and European companies still complain? Why would they be afraid?
- 12:10Speaker 4: Why would they be worried for their.
- 12:12Speaker 1: Businesses even if they didn't pay any of the tariff?
- 12:18Speaker 1: I mean, this is an econ one on one question
- 12:19Speaker 1: to any one of you who understands supply and demand.
- 12:23Speaker 1: What happens when tariffs cause prices to go up, demand
- 12:31Speaker 1: goes down, People buy few of that good. It's just
- 12:34Speaker 1: a basic rule in economics, and it's one of those
- 12:38Speaker 1: rules in economics which.
- 12:39Speaker 4: Is absolutely true. So if a toy.
- 12:46Speaker 1: Manufacturer in China, he's still selling the product of the
- 12:50Speaker 1: American imported at the same price, he's not burying any
- 12:54Speaker 1: of the tariff. And then the toy rides in the US.
- 12:58Speaker 1: It says one hundred dollars toy and it's marked up
- 13:00Speaker 1: by fifty, which is the terriffun China right now, I think,
- 13:04Speaker 1: so it now cost one hundred and fifty dollars to
- 13:07Speaker 1: you know, plus the profit and whatever to the American consumer.
- 13:12Speaker 1: Why is the Chinese manufacturer complaining or because the number
- 13:16Speaker 1: of Americans buying this toy is going to go down
- 13:20Speaker 1: because they're paying fifty percent more than they used to.
- 13:24Speaker 1: His sales are going to go down, and therefore he
- 13:28Speaker 1: is going to make less money, which is the reason
- 13:34Speaker 1: he's complaining. Now, this is not hard, and Bessett knows this.
- 13:41Speaker 1: He's not ignorant. He's just bold faced lying to the
- 13:46Speaker 1: American people. And he's lying on Fox News, and the
- 13:51Speaker 1: people listening to Fox News are inclined to believe the liar. Ready,
- 13:55Speaker 1: then maybe they're not maga, maybe they're not bought into everything.
- 13:58Speaker 1: But look at Scott Bassett. He's not a maga good guy.
- 14:00Speaker 1: He's a pretty reasonable guy, he seems, and he's not
- 14:03Speaker 1: gonna lie both facely to us.
- 14:04Speaker 4: So there must be something true here.
- 14:06Speaker 1: Maybe those Chinese companies aren't paying the theF Maybe the
- 14:09Speaker 1: Chinese aren't paying it after all. Maybe maybe that's true.
- 14:14Speaker 1: Maybe all these economists have just been lying to us.
- 14:16Speaker 1: Maybe he my professor, and he kind of one on
- 14:18Speaker 1: one was lying to me. Scott Bessett wouldn't lie. And
- 14:24Speaker 1: it's just the scale of this is just horrific. You know,
- 14:32Speaker 1: you keep lying, you keep making numbers up, and then
- 14:36Speaker 1: you appoint people to the Bureau of Statistics, who are
- 14:39Speaker 1: going to keep making stuff up. And basically the United
- 14:44Speaker 1: States has turned into Argentina of you know, twenty years ago,
- 14:49Speaker 1: where you can't believe anything the government says. You can't
- 14:53Speaker 1: believe any numbered by the government. And over time, you know,
- 15:01Speaker 1: you get the kind of despotism that you get that
- 15:05Speaker 1: you got an Argentina. And I think it's gonna be
- 15:07Speaker 1: worse here. Trump is really laying the foundation again. He
- 15:12Speaker 1: won't be laying the foundation for complete authoritarianism. The government
- 15:16Speaker 1: will just tell you what the truth is, not your experience,
- 15:20Speaker 1: not you going to the grocery store and seeing prices
- 15:22Speaker 1: go up. I mean inflation, price inflation. The prices of
- 15:27Speaker 1: the goods you buy in a regular grocery store. Visit.
- 15:31Speaker 1: They're going up every year. This year by three percent.
- 15:38Speaker 1: It's gonna be higher three percent now than it was
- 15:40Speaker 1: a year ago. That's worth complaining about. That's not good, right,
- 15:48Speaker 1: So costs going up across the board, and Trump has
- 15:52Speaker 1: not changed that. Price of gasoline is low, but it's
- 15:59Speaker 1: not the lowest. It's being that in years and years
- 16:01Speaker 1: and years, and it's low. It has nothing to do
- 16:04Speaker 1: with Trump. It's it's low because Saudi Arabia has opened
- 16:10Speaker 1: up the spigots and is pumping oil out in large quantities,
- 16:16Speaker 1: and therefore on global markets prices have come down. But
- 16:22Speaker 1: Trump is going to take credit for that, and he's
- 16:25Speaker 1: gonna take he's gonna invent credit for the drop. He's
- 16:34Speaker 1: going to invent the fact that prices have gone down
- 16:37Speaker 1: and then take credit for his invented fact.
- 16:42Speaker 4: But again, it's all a lying.
- 16:44Speaker 1: It's just not true.
- 16:46Speaker 4: He's lying to you.
- 16:48Speaker 1: And if he's lying to you about this stuff that's
- 16:51Speaker 1: just plain, straightforward obvious, it's obvious. Then he's lying about
- 16:59Speaker 1: it anything and you can't trust a word that comes
- 17:02Speaker 1: out of his mouth. And you'll say all politicians lie, yes,
- 17:06Speaker 1: but he lies more, he lies more boldly, and he
- 17:10Speaker 1: doesn't care he is. There is no conception of reality
- 17:17Speaker 1: for him, and there's no loyalty to really to anything
- 17:24Speaker 1: except whatever his whim is right now. It's a really
- 17:31Speaker 1: unique human being we've elected president.
- 17:33Speaker 4: By the way.
- 17:34Speaker 1: People have done some research over the last few months
- 17:38Speaker 1: and looked at tariffs and looked at okay, well, Chinese companies,
- 17:47Speaker 1: particularly in China, a Chinese companies willing to you know,
- 17:52Speaker 1: take a hit how much of the tariffs are they
- 17:54Speaker 1: willing to absorb in order to you need to sell
- 18:00Speaker 1: into the United States, And they are willing terms of
- 18:04Speaker 1: some of it. So about nine percent of the total tariff,
- 18:08Speaker 1: nine percent of the total taff so fifty per tariff,
- 18:11Speaker 1: nine percent of that is like four and a percent
- 18:14Speaker 1: is like, uh, you know, yeah, four and a half
- 18:17Speaker 1: percent they're willing terms of that.
- 18:27Speaker 4: So yeah, the Chinese companies are paying for some of.
- 18:31Speaker 1: The tariff, if you can call it that, by giving
- 18:34Speaker 1: discounts to the American exporterers. But that's it, and it's
- 18:39Speaker 1: not can increase, if anything, it will decrease over time.
- 18:46Speaker 1: But that's data, that's actual facts. God forbid, we have
- 18:50Speaker 1: data and facts. We do not want data in facts.
- 18:53Speaker 1: Please save me from data in facts. I mean, this
- 18:56Speaker 1: is one thing that seeds to be common across the
- 18:59Speaker 1: board in America today.
- 19:00Speaker 4: Nobody actually wants to know the truth.
- 19:03Speaker 1: They want to reaffirm their preconceived notions. They want to
- 19:07Speaker 1: reaffirm the tribal truth, the tribal beliefs. They want to
- 19:11Speaker 1: reaffirm what the witch doctor is telling them. Here's Trump
- 19:20Speaker 1: about the core decision on Friday with our tariffs and
- 19:24Speaker 1: all the trillions of dollars we have already taken in
- 19:26Speaker 1: trillions of dollars. I mean, if you said billions, he'd
- 19:31Speaker 1: add some credibility, but trillions, big, bold lies we have
- 19:37Speaker 1: already taken in our country would be completely destroyed, and
- 19:40Speaker 1: our military power would be instantly obliterated again, a completed
- 19:46Speaker 1: and out of lie. You mean, we'd be back to
- 19:50Speaker 1: the way we were three months ago, six months ago,
- 19:55Speaker 1: nine months ago. Was our military power obliterated at that point?
- 20:01Speaker 1: Was our country completely destroyed? At that point? What has changed? Lie?
- 20:10Speaker 1: Make grainiose, absurd statements, but then keep doing it, keep
- 20:16Speaker 1: doing it, keep doing it until people cannot tell what
- 20:20Speaker 1: the truth is. They cannot tell what a lie is,
- 20:23Speaker 1: they cannot differentiate anymore. And when people give up on
- 20:27Speaker 1: their own reason, they give up on the data, they
- 20:29Speaker 1: give up on the experts, they give up on whatever
- 20:33Speaker 1: sources of news they have, as Americans have, on the
- 20:36Speaker 1: mainstream media and pretty much all media and not without justification, right,
- 20:43Speaker 1: and then all they hear from the authorities are lies
- 20:46Speaker 1: and bumb bast and lies and bumbasts and lives and
- 20:49Speaker 1: bomb bass. Ultimately, they're gonna give up, They're gonna give
- 20:54Speaker 1: up and trying to figure out what the truth is,
- 20:57Speaker 1: and they're just gonna become passive, accepted of whatever the
- 21:01Speaker 1: authorities want them to believe. And this is the way
- 21:05Speaker 1: fascism works. This is the way fascists take control. And
- 21:10Speaker 1: you know, while I don't think Trump is the ambitious dictator,
- 21:16Speaker 1: he is playing by their book.
- 21:19Speaker 4: He is playing by their book.
- 21:22Speaker 1: You know, I read. I was on Facebook, big mistake.
- 21:29Speaker 1: I hate Facebook. Anyway, I was on Facebook and I
- 21:32Speaker 1: read a bunch of people who are called themselves subjectivists
- 21:36Speaker 1: and who a big not just you know, little supporters
- 21:40Speaker 1: of Trump, but big supporters of Trump.
- 21:44Speaker 4: And it really is stunning.
- 21:45Speaker 1: I mean, it basically is the same phenomena that I've noticed,
- 21:51Speaker 1: you know, then noticed in twenty sixteen, and I've noticed
- 21:53Speaker 1: since then. Basically the primary motivation they have is fear.
- 22:00Speaker 1: Primary driver in their life is fear. It's fear of
- 22:04Speaker 1: in this case, in politics, of the left, of the communists,
- 22:07Speaker 1: of the takeover, of destroying your life, of men playing
- 22:12Speaker 1: goals best, you know, sports, which is the issue for everybody,
- 22:18Speaker 1: much more important than you know than bryce inflation, much
- 22:23Speaker 1: more putting than tariffs. Those are technical, stupid economic things.
- 22:26Speaker 1: Who cares about economic liberty, you know, much more important
- 22:29Speaker 1: than than you know, betraying Ukraine and cozying up the dictators,
- 22:36Speaker 1: you know, much more important than than any of that,
- 22:39Speaker 1: or mass deportation and militarized ice roaming the streets rounding
- 22:44Speaker 1: people up. That that is not important.
- 22:46Speaker 4: What's really importants men playing women's.
- 22:48Speaker 1: Sports, which I'm against, but it's not the most important
- 22:52Speaker 1: issue defining the world right now. And yet all they
- 23:02Speaker 1: have is fear of the fear of the transgender people
- 23:08Speaker 1: are coming for us, They're gonna take us, and it
- 23:15Speaker 1: really is striking.
- 23:16Speaker 4: It's all negative.
- 23:18Speaker 1: And in the fear, they're latching on to Trump as
- 23:21Speaker 1: a hero, a hero who's come to save them, a
- 23:24Speaker 1: hero who is you know, slamming the left, is turning
- 23:30Speaker 1: the tables on the left. And it doesn't really matter
- 23:33Speaker 1: to them how he does it. It doesn't matter to
- 23:36Speaker 1: them what he actually does. He's not the left, and
- 23:40Speaker 1: he's anti left, and he slams the left all the time,
- 23:43Speaker 1: so nothing else matters. It's sad and a little pathetic
- 23:55Speaker 1: after me, the extent to which they worship Trump and
- 23:59Speaker 1: extent to which they you know, they just accept all
- 24:02Speaker 1: this stuff all this stuff without a second thought, without
- 24:10Speaker 1: thought period.
- 24:18Speaker 6: So yeah, fear, fear is a Beware of fear as
- 24:24Speaker 6: a motivator, Beware of fear dominating your epistemology, Beware of
- 24:31Speaker 6: fear dominating the way you think about the world, because almost.
- 24:37Speaker 1: Everybody I know who supports Trump is ultimately dominated by fear.
- 24:46Speaker 4: And yeah, fear is legit.
- 24:49Speaker 1: There's something to be afraid of, if there's something objectively
- 24:52Speaker 1: to be afraid of. But what is the solution, what
- 24:57Speaker 1: is the alternative? What are you proposing in it's fear
- 25:07Speaker 1: can lead you down very dark alleys, and it is
- 25:13Speaker 1: it's leading us down in the dark alley of Trump anyway,
- 25:17Speaker 1: you know, it's just Trump doing the lying. And of course, uh,
- 25:21Speaker 1: Secretary Bessett, it's it's of course the chief liar of
- 25:24Speaker 1: all of them, a man who knows better, but has
- 25:27Speaker 1: been lying for so long he probably doesn't remember the
- 25:30Speaker 1: truth and and and couldn't probably find it in the
- 25:33Speaker 1: recesses of his mind.
- 25:35Speaker 4: He's been veading for so long.
- 25:37Speaker 1: And that fetnav peed a naval one of the real, real, horrible,
- 25:42Speaker 1: you know, the worst economists in the United States. And
- 25:45Speaker 1: I said that way back before even Trump hired him.
- 25:50Speaker 1: This guy was was peddling his BS economics anyway. He
- 25:57Speaker 1: he said that it would be the end of the
- 26:02Speaker 1: United States if the tariffs were done away with ecoin
- 26:07Speaker 1: Trump's But he also said this was kind of interesting.
- 26:09Speaker 1: He said, look, because the appellate court, the Pelt Court,
- 26:14Speaker 1: that ruled the tariff's unconstitutional. They said one of the
- 26:17Speaker 1: problems with it is that they were permanent and that
- 26:20Speaker 1: the emergency law did not allow the president, not give
- 26:26Speaker 1: him the power to put on anything permanent. So he
- 26:31Speaker 1: is now going out there and making a big deal effect. No, no, no, no, no, no,
- 26:34Speaker 1: they aren't permanent. Of course they are. There's no provision
- 26:38Speaker 1: for eliminating them. There's no mechanism for eliminating them. There's
- 26:42Speaker 1: no time frame or time line or anything else for
- 26:44Speaker 1: eliminating them. And I guess when the trade deficit goes away.
- 26:52Speaker 1: But again, economical teacher, the trade deficit is not going
- 26:55Speaker 1: to go away because of these tariffs. It's not how
- 26:59Speaker 1: tariffs and trade works. Now. Part of the effect of
- 27:05Speaker 1: all of this, part of the effect of all of
- 27:07Speaker 1: this is the business has no idea how to price stuff.
- 27:13Speaker 1: They have no idea what's coming down the Pike. Are
- 27:15Speaker 1: the tariffs constitutional?
- 27:16Speaker 4: Are they not? Are they going to be in place?
- 27:19Speaker 4: Are they not?
- 27:20Speaker 1: Is Trump going to change? Is the old China? And
- 27:23Speaker 1: with Mexico there's still on ninety day moving whatever every
- 27:27Speaker 1: day or not every day, but every certain period of
- 27:32Speaker 1: time the government comes out with whole lists of new
- 27:35Speaker 1: products that are being tariffed. You know, how does a
- 27:40Speaker 1: business deal with that? How much inventories should it keep?
- 27:45Speaker 1: Should just try to sell everything? Now?
- 27:48Speaker 4: So this is a headline.
- 27:49Speaker 1: From the Wall Street Journal and the Retail section. Six
- 27:56Speaker 1: months into tariffs, businesses have no idea how to price anything.
- 28:02Speaker 1: North Carolina company says tariff uncertainty has given it way
- 28:06Speaker 1: to a new problem what to charge. Everyone is struggling
- 28:10Speaker 1: to figure out what to do. Yeah, it's you know,
- 28:16Speaker 1: this is what happens when you give one person, one person,
- 28:21Speaker 1: complete authority at his whim to raise taxes on three
- 28:28Speaker 1: hundred and fifty million Americans whenever he feels like it,
- 28:31Speaker 1: to whatever level it can be, and change it and
- 28:34Speaker 1: lower it and increase it whenever he happens to want
- 28:36Speaker 1: to completely one hundred percent, with no nobody checking him
- 28:44Speaker 1: at his discretion. This is the power that Donald Trump has, which,
- 28:50Speaker 1: to their credit, the appellate court ruled was unconstitutional. M
- 29:05Speaker 1: I'm just looking at the chat here for a second.
- 29:17Speaker 1: Joshua Rizzo is asking who promotes you on Brook? Ask
- 29:21Speaker 1: yourselves who promotes in? What institutions does your on Brook
- 29:26Speaker 1: work with and associates with?
- 29:29Speaker 4: So what group is he a mouthpiece of?
- 29:32Speaker 1: Hmm? I mean, does anybody know? Do you want to
- 29:37Speaker 1: ask me in the super check what groups sponsor the show?
- 29:40Speaker 1: I think Alex Epstein does, and Hendershot Wealth does, and.
- 29:47Speaker 4: I'm an institute does. Those are the institutions.
- 29:49Speaker 1: Who else? Who else?
- 29:55Speaker 7: So?
- 29:55Speaker 1: Who else am I affiliated with? Maybe? Maybe I think
- 30:00Speaker 1: this is what he's getting at. He's probably getting at
- 30:04Speaker 1: all that money that.
- 30:05Speaker 4: Judge sol As much must give me.
- 30:08Speaker 1: Yeah, right, ah, I I love a good conspiracy theory,
- 30:15Speaker 1: all right. And of course all of this is leading
- 30:20Speaker 1: to some really juicy opportunities for tariffs for tariffs right.
- 30:28Speaker 1: He is a story in the Wall Street Journal American
- 30:31Speaker 1: made businesses are.
- 30:33Speaker 4: Clamoring to get on the tariff list. Uh, this is
- 30:39Speaker 4: a story about I'll read you some of this.
- 30:41Speaker 1: Greg Owens, chairman of Eryl Manufacturing, was at home skimming
- 30:45Speaker 1: through emails on a recent Friday, when he got a
- 30:47Speaker 1: text message that made him stand up in his shan
- 30:50Speaker 1: raise his arms in triumph. As co founder of Cheryl,
- 30:54Speaker 1: which builds itself as America's last manufacturer of stainless steel flatware,
- 30:59Speaker 1: owing to been fighting for years to keep his business
- 31:01Speaker 1: afloat in a market flooded with cheaper inputs. Now he
- 31:05Speaker 1: felt that Sherriff stood a fighting chance. Why because the
- 31:10Speaker 1: text in question said imported stainless steel flatweight products would
- 31:15Speaker 1: be hit with a fifty percent tariff on their steel content.
- 31:20Speaker 4: This was the news Owens had been waiting for.
- 31:25Speaker 1: Alan Boyle was just saved by the governments. The Tumba
- 31:30Speaker 1: Demistration's tariff policies are creating headaches on suddenly and extra
- 31:34Speaker 1: costs for scores of US companies, from automakers to clothing inports.
- 31:39Speaker 1: Is But for some companies, some companies, not the companies
- 31:44Speaker 1: supporting the Urine bookshow, obviously, but for some companies that
- 31:47Speaker 1: rely on American manufacturing, like Sheer, this new era of
- 31:51Speaker 1: tariffs could give them a shot in the arm. And
- 31:57Speaker 1: of course that means they're going to raise prices on you,
- 32:03Speaker 1: so you're going to give them a shot in the
- 32:05Speaker 1: arm by paying more for flatware and lots of other things.
- 32:10Speaker 1: On the list released by the Commics Department, more than
- 32:13Speaker 1: four hundred items imported to the United States would be
- 32:17Speaker 1: hit with tariffs on the steel and aluminum content, from
- 32:20Speaker 1: farm equipment, bulldozers, and industrial robots to the dumbbells, infant swings,
- 32:27Speaker 1: and infant walkers. Now note that these tariffs are not
- 32:32Speaker 1: under the emergency powers one that were ruled on constitutional
- 32:35Speaker 1: These tariffs, particularly the ones on the infant swings and infant.
- 32:39Speaker 4: Walkers, these terriffs are part of.
- 32:44Speaker 1: Section two thirty two of the Trade Expansion Act of
- 32:47Speaker 1: nineteen sixty two. These tariffs, in other words, have been
- 32:52Speaker 1: placed for national security reasons. So these tariffs, even if
- 32:59Speaker 1: they're court rules that the that the tests on the
- 33:01Speaker 1: constitutional they wouldn't apply to this. This is all steel,
- 33:05Speaker 1: these four hundred tows, including children's swings and infant walkers.
- 33:12Speaker 1: These tas u national security towns because God forbid it,
- 33:20Speaker 1: we lose the ability to make flatware, knives and folks
- 33:23Speaker 1: and spoons, spoons to dig those ditches. If we lose
- 33:28Speaker 1: the ability to produce those in the United States, our
- 33:31Speaker 1: national interest is a steak. The Chinese are going to
- 33:36Speaker 1: conquer us because we won't have spoons to defend ourselves. Yep,
- 33:51Speaker 1: this is uh uh, this is where we are today, guys.
- 33:55Speaker 1: It's corneyism happening. Uh It swamp, animal feasts, it's the
- 34:03Speaker 1: swamp is bigger than it ever was. If you think
- 34:08Speaker 1: that Democrats had a swamp, this swamp is much bigger,
- 34:12Speaker 1: and it is bigger and filled with businessmen rushing to Washington,
- 34:20Speaker 1: DC to beg for protection. You know, those guys got
- 34:26Speaker 1: into the four hundred items. What about us? We want
- 34:29Speaker 1: tariffs and our competitors. We want to score our competitors anyway.
- 34:43Speaker 1: But Taff says, I told you really, as Madison told
- 34:45Speaker 1: us all at the beginning of the Republic. Madison realized
- 34:50Speaker 1: very early that tariff was only going to generate conyism,
- 34:56Speaker 1: that it was a terrible means by which the rage
- 34:59Speaker 1: revenue because of the because it was built into it,
- 35:04Speaker 1: into it, the very nature of TAOS is the incentive
- 35:07Speaker 1: for businesses to try to lobby and influence Congress in
- 35:12Speaker 1: this case the president, to shield them, protect them with
- 35:18Speaker 1: this powerful new tool called a tariff. So nothing new
- 35:25Speaker 1: under the sun in that sense.
- 35:33Speaker 7: Uh M, all.
- 35:43Speaker 1: Right, I'm just trying to I'm trying to keep track
- 35:45Speaker 1: of the of the conspiracy theory about who is influencing
- 35:51Speaker 1: might take Oh but then he you know, then there's that,
- 35:55Speaker 1: all right, all right? Anyway, tariffs suck.
- 36:08Speaker 4: And what they do at the end of the day
- 36:10Speaker 4: is they.
- 36:13Speaker 1: Create a situation where in order to protect the interest
- 36:17Speaker 1: of your shareholders and in order to protect the interests of.
- 36:21Speaker 4: Your business, you have.
- 36:23Speaker 1: To go to Washington, you have to hire out your
- 36:26Speaker 1: man in Washington, you have to go lobby, you have
- 36:29Speaker 1: to go try to manipulate. It's a sad it's a
- 36:34Speaker 1: pathetic day. And what we're seeing is nobody really, nobody
- 36:40Speaker 1: in politics, certainly nobody really standing up for markets, for freedom,
- 36:46Speaker 1: for economic limity. There's just a zero constituency for that.
- 36:51Speaker 1: Everybody wants government controls, government regulations, government involvement, government ownership, government, socialism,
- 36:59Speaker 1: and one degree on one form or another.
- 37:02Speaker 4: And that is the state of America today.
- 37:04Speaker 3: That's where we are, and this is where Trump has
- 37:07Speaker 3: brought us.
- 37:07Speaker 1: And this is why it is so shocking to me
- 37:11Speaker 1: to see people celebrate Trump. I get that they hate
- 37:17Speaker 1: the left. I get that they fear the left. Although
- 37:21Speaker 1: fear as I said, is a dangerous emotion. I get
- 37:24Speaker 1: that they hate the left, but that hatred has blinded
- 37:27Speaker 1: them to what they have chosen as an alternative.
- 37:32Speaker 8: What they've picked, what they support, what they cheer, what
- 37:38Speaker 8: they endorse as an alternative, because it's not true that
- 37:41Speaker 8: it's just oh, it's a binary choice.
- 37:44Speaker 1: Now they had a primary, and even it's a binary choice,
- 37:48Speaker 1: you don't have to then cheer and support everything the
- 37:51Speaker 1: guy you voted for does. But that is what is happening.
- 37:55Speaker 1: And it's because they want this. They want authoritarianism in
- 38:01Speaker 1: the name of freedom. The only way to get us
- 38:04Speaker 1: back to freedom is to impose it on the American
- 38:07Speaker 1: people by force, through authoritarian means.
- 38:10Speaker 4: By crushing the left, whatever it takes.
- 38:17Speaker 1: In the meantime, remember that Trump constantly says to us
- 38:21Speaker 1: an expression of America's strength in American vitality and America's
- 38:25Speaker 1: respect America has in the world. And of course it's
- 38:28Speaker 1: a tool of foreign policy. It's it's gonna put us
- 38:32Speaker 1: in a better position geopolitically. Well, we got some really
- 38:37Speaker 1: great images right now from the what is it the
- 38:41Speaker 1: Shanghai Security Conference. There is a corporation organization going on
- 38:46Speaker 1: right now in Shanghai, China, which is hosted by Chinese
- 38:51Speaker 1: president excheesing pain.
- 38:55Speaker 4: Where it's hosting, you know.
- 38:56Speaker 1: Most of the photographers of their capturing his one relationship
- 39:01Speaker 1: with Putin. Of course, Trump has a one relationship with
- 39:04Speaker 1: Putin as well. I mean, all these thugs have one
- 39:07Speaker 1: relationship with one another. Well, it's interesting, we've seen Putin
- 39:11Speaker 1: and she together for a while now. But what's interesting
- 39:15Speaker 1: is Modi is the Prime Minister of India. The Prime
- 39:18Speaker 1: minister of India, which should be an ally of Trump,
- 39:23Speaker 1: a country that should be our alternative to China, which
- 39:29Speaker 1: shouldn't be geopolitically allied with US on protecting the sea
- 39:33Speaker 1: lanes and protecting world trade from Chinese dominance. India that
- 39:42Speaker 1: there should be both a military and economic ally of
- 39:44Speaker 1: the United States is closing up, not just a Russia.
- 39:49Speaker 4: They already had a.
- 39:49Speaker 1: Close relationship, but that relationship seems to be intensifying getting closer. Indeed,
- 39:55Speaker 1: Modi and Putin rode in the same car to the
- 40:00Speaker 1: hotel where the conference was being held, just like Trump
- 40:04Speaker 1: and Putin road in the same car are symbolic and mody.
- 40:11Speaker 1: Is and Putin are basically saying Trump, you know not
- 40:15Speaker 1: think special and we're not going to jump every time
- 40:21Speaker 1: you dictate. And if America is going to turn its
- 40:25Speaker 1: back on us, which America did on India by placing
- 40:28Speaker 1: fifty percent tariffs on their.
- 40:29Speaker 4: Goods, we've got other options.
- 40:32Speaker 1: Now. China and India and our friends, they don't like
- 40:36Speaker 1: each other. They've got a boarder dispute. You know, India
- 40:39Speaker 1: now is the largest by population country in the world.
- 40:42Speaker 4: They overtook China.
- 40:43Speaker 1: There's real competition there, but there's also military dispute. China
- 40:49Speaker 1: also supports the enemy of India, which is Pakistan. It
- 40:52Speaker 1: supports it militarily, it sells its arms. So Modi is
- 40:58Speaker 1: very hesitant when it comes to China, but he's on
- 41:02Speaker 1: this trip very warm to the Chinese. He's sending a
- 41:06Speaker 1: message to Trump, You're not the only game in town.
- 41:10Speaker 1: We don't need you, and you betrayed us. We are
- 41:16Speaker 1: going to look elsewhere. I mean, seeing Modi Putin and
- 41:22Speaker 1: Chi together does not suggest to me that tariffs have.
- 41:26Speaker 4: Increased the strength of the United States.
- 41:28Speaker 1: It doesn't suggest to me that tariffs have made the
- 41:31Speaker 1: United States, you know, put them in a United States
- 41:36Speaker 1: in a better position from a geopolitical perspective.
- 41:40Speaker 4: Quite the contrary.
- 41:41Speaker 1: We've alienated the South Koreans, the Japanese, the Vietnamese, the Filipinos,
- 41:46Speaker 1: the Indonesians, the Malaysians, and more than anyone else, the Indians,
- 41:51Speaker 1: all potential allies in whatever struggle might come with China.
- 42:00Speaker 1: Tariffs and Trump's policies have alienated our potential allies, certainly
- 42:06Speaker 1: alienated Europe and Canada and Mexico. I'm not sure who
- 42:10Speaker 1: in the world right now is positive about the United States.
- 42:15Speaker 1: It's friendly and eager to work with the United States.
- 42:19Speaker 1: Quite the contrary. And this is all the consequence of
- 42:23Speaker 1: Trump's policies. So Trump is doing real damage to the
- 42:28Speaker 1: United States on a geopolitical sense, on a global sense.
- 42:34Speaker 4: And has been for a while.
- 42:38Speaker 1: And so his excuse for taris is strengthening the US Again,
- 42:44Speaker 1: it's a lie. It's exact opposite, exact opposite. They've wakened us,
- 42:51Speaker 1: and they've made it so that our people should be
- 42:58Speaker 1: our friends, actually tuning to our enemies and align with them,
- 43:04Speaker 1: or at least presenting themselves as aligning to them. I
- 43:09Speaker 1: don't think you're going to see much friendship long term
- 43:12Speaker 1: between India and China. I think the differences. They are
- 43:14Speaker 1: deep and significant, and I don't expect that to change,
- 43:19Speaker 1: but it's it's it really is damaging. You know. I
- 43:29Speaker 1: keep part of your remind I think I should always
- 43:32Speaker 1: remind you guys, and I guess the world out there.
- 43:40Speaker 4: Freedom is the right strategy.
- 43:43Speaker 1: Freedom is the right strategy. It's the right strategy when
- 43:48Speaker 1: it comes to geopolitics. It's the right strategy when it
- 43:50Speaker 1: comes to economics. It's the right strategy when it comes
- 43:53Speaker 1: to wealth. It's the right strategy when it comes to
- 43:56Speaker 1: you know, the world being of your people. It's the
- 43:59Speaker 1: reason we have government is to protect our freedom, freedom,
- 44:03Speaker 1: protection of rights. A government that moves in that direction,
- 44:08Speaker 1: even if it moves slowly, is a government I can support.
- 44:12Speaker 1: A government that works away against freedom, against individual rights,
- 44:19Speaker 1: shows this respect to individual rights, taxes its own people,
- 44:24Speaker 1: obstructs trade. Is a government working against my interests, against
- 44:30Speaker 1: your interests, and therefore is going to lose in the
- 44:33Speaker 1: geopolitical game. Freedom works. Freedom works, and it doesn't matter
- 44:50Speaker 1: if the president moving away from freedom as a Democrat
- 44:52Speaker 1: or the president moving away from freedoms of a republican.
- 44:55Speaker 1: The movement away from freedom hurts all of us. In
- 45:00Speaker 1: many many different dimensions, usually in many.
- 45:05Speaker 4: More subtle ways than we would expect.
- 45:12Speaker 1: Dave says on the chat, freedom is exactly what Trump
- 45:16Speaker 1: and is support us think they're giving us.
- 45:18Speaker 4: I don't think that's true.
- 45:21Speaker 1: I don't think they care when iota about freedom. They
- 45:27Speaker 1: are primarily motivated not by a positive not by a
- 45:31Speaker 1: positive motivation or our freedom. And I certainly don't think
- 45:33Speaker 1: Trump cares one iota about freedom. But I don't think
- 45:37Speaker 1: my Good does either. I don't think they know how
- 45:39Speaker 1: to define their word. I don't think they know what
- 45:41Speaker 1: it means. What they care about is the things they hate.
- 45:48Speaker 1: They hate foreigners, so they're very happy when.
- 45:52Speaker 4: Fun trade is disrupted.
- 45:55Speaker 1: They hate fonners, so they're very happy when the freedom
- 45:58Speaker 1: of those foreigners is taken away from them by masked
- 46:04Speaker 1: thugs with US badgers, you know, rounding them up in
- 46:10Speaker 1: the streets and shipping them out of the country. They
- 46:16Speaker 1: hate the Left, and it's not like they care about
- 46:20Speaker 1: DEI in particular or any of these things.
- 46:22Speaker 4: These are just slogans for them.
- 46:23Speaker 1: They don't really understand what it all means because they
- 46:26Speaker 1: have their own kind of DII. But they hate the left,
- 46:28Speaker 1: and di I was important to the left, so shutting
- 46:31Speaker 1: down DEI they support that. So it's all about what
- 46:35Speaker 1: they hate. It's allbout getting rid of what they hate.
- 46:38Speaker 1: It's not about anything positive. This vague you know, it's
- 46:41Speaker 1: going to make America great again, which to them means
- 46:44Speaker 1: the nineteen fifties, even though they have no clue what
- 46:47Speaker 1: the nineteen fifties meant it was about. It wasn't left.
- 46:54Speaker 1: That's all they know, or they think they know, because
- 46:56Speaker 1: in many respects it was it. So I don't think
- 47:02Speaker 1: that Trump or Mega think that they're giving us more
- 47:06Speaker 1: freedom because I don't think they think in terms of
- 47:08Speaker 1: freedom or they think in terms of positive values at all.
- 47:13Speaker 4: I think they think in terms of.
- 47:15Speaker 1: Really again, negative values, what they don't like, what they
- 47:22Speaker 1: want gone. Anyway, this general attitude that is manifest in tariffs,
- 47:28Speaker 1: it's manifest in ice, it's manifest in the border wall,
- 47:32Speaker 1: it's manifest in hatred for foreign students and denial of
- 47:39Speaker 1: visa visa requests across the board.
- 47:44Speaker 4: Is having an impact.
- 47:46Speaker 1: Not just on the geopolitics but on the kind of
- 47:51Speaker 1: local politics of people all over the world. And it's
- 47:55Speaker 1: manifesting itself in the fact it's manifesting and film from
- 48:03Speaker 1: the fact that tourism to the United States is dramatically down.
- 48:08Speaker 1: It's pneumatically down from countries like India, the UK, Canada, Canada, hugely, Mexico, Germany, Brazil.
- 48:20Speaker 1: These countries are seeing significant drops in travel to the
- 48:25Speaker 1: United States. And it's not just this summer, it's every
- 48:29Speaker 1: indication and every sign that this has sustained, at least
- 48:33Speaker 1: as long as these kind of policies make them feel
- 48:35Speaker 1: unwelcome in this country. It's taking longer to get tourist
- 48:40Speaker 1: visas much longer. US embassies around the world are much
- 48:46Speaker 1: less inclined to provide visas. But even for countries that
- 48:52Speaker 1: don't require visa to come into the United States, you're
- 48:54Speaker 1: seeing us significant decline in people coming here from there. Now.
- 48:59Speaker 4: Part of it is that people are choosing to go elsewhere.
- 49:02Speaker 1: America is a relatively expensive place to visit, and and
- 49:06Speaker 1: there are places like Spain, Fans, Italy, Thailand where they
- 49:10Speaker 1: can get a lot more bang for the buck, if
- 49:12Speaker 1: you will. But a lot of it has to do
- 49:15Speaker 1: with attitude. So tourism is taking a hit across many
- 49:25Speaker 1: of the church locations, whether it's Disneyland or hotels in
- 49:29Speaker 1: New York or hotels in Miami and resorts and other
- 49:35Speaker 1: things in the in the Florida area. You know, Brazilian
- 49:40Speaker 1: tourism is down about five percent this year, but so
- 49:43Speaker 1: is tourism across the board. Miami, New York, Orlando all
- 49:47Speaker 1: have taken a hit recently. And this is you know,
- 49:53Speaker 1: for example, German visitors to the United States have declined
- 49:59Speaker 1: by tw twenty eight percent.
- 50:06Speaker 4: Uh and Giman spent a lot of money when they come.
- 50:09Speaker 1: The relative for Europeans fairly well off. So this is
- 50:15Speaker 1: across the board. Another impact of them make America great
- 50:18Speaker 1: again by alienating the rest of the world and by
- 50:22Speaker 1: basically renegging on our own values, on undermining everything that
- 50:28Speaker 1: we stood for, undermining everything we stood for, not just
- 50:31Speaker 1: in our own minds, but for the world itself. America
- 50:35Speaker 1: is a shining city in a hill to some extent
- 50:37Speaker 1: still is it was perceived to be, and now it's not.
- 50:42Speaker 1: Now with ice going around the streets with masks rounding
- 50:47Speaker 1: people up, somewhat you do in a shining city in
- 50:50Speaker 1: a hill, and the US is is now making it
- 51:04Speaker 1: harder to come. So we talked about the fact that
- 51:06Speaker 1: visas are harder to get, but now the US is
- 51:10Speaker 1: adding on a two hundred and fifty dollars visa integrity
- 51:13Speaker 1: fee which is imposed on travelers to the United States
- 51:18Speaker 1: two hundred and fifty dollars, which makes travel to the
- 51:21Speaker 1: United States turning fifty dollars more expensive and again likely
- 51:25Speaker 1: to reduce tourism significantly to the US. But just to
- 51:30Speaker 1: give you a sense of how, you know, inconsistent, random,
- 51:38Speaker 1: bizarre Trump ares, Trump is now approved approved six hundred
- 51:49Speaker 1: thousand student visas for China. Chinese students are going to
- 51:56Speaker 1: find it relatively easy to come to American universities with
- 52:00Speaker 1: student visas. MAGA is flipping out right Mega's like pissed off.
- 52:08Speaker 1: Fox News host Laura Ingram says, I just don't understand
- 52:12Speaker 1: it for the life of me. Those a six hundred
- 52:15Speaker 1: thousand spots that American kids won't get, American kids won't get.
- 52:19Speaker 1: I mean, that's bs, that's nonsense, And of course it's
- 52:23Speaker 1: six hundred thousand paying customers. Laura Luma. Laura Luma wrote, quote, nobody,
- 52:32Speaker 1: I repeat, nobody wants six hundred thousand more Chinese students
- 52:35Speaker 1: aka communist spies in the United States. So why does
- 52:41Speaker 1: Trump want six hundred thousand student visas. Why is he
- 52:44Speaker 1: so sympathetic to the Chinese? Why is he's shutting down
- 52:47Speaker 1: and making it more difficult to get visas in every
- 52:50Speaker 1: other front? Student visas for Chinese students is something he.
- 52:56Speaker 4: Is an advocate for. It's fighting for.
- 53:01Speaker 1: What is the issue he's sucking up that she's a
- 53:08Speaker 1: xi jinping, He's sucking up to a dictator, he admires,
- 53:15Speaker 1: he respects. Here's what Trump said, I have a very
- 53:20Speaker 1: good relationship with Chinese president. I think it's very insulting
- 53:24Speaker 1: to a country when you say you're not going to
- 53:26Speaker 1: take your students.
- 53:30Speaker 4: You know, I get along with China.
- 53:32Speaker 1: China's paying us a lot of money right now, they're
- 53:35Speaker 1: paying us hundreds of millions of dollars, he continues, you
- 53:52Speaker 1: know he detty caller asks him if he expected anything
- 53:58Speaker 1: in return for allowing students into the country, and Trump says, no,
- 54:02Speaker 1: I just think it's I think it's I think we're
- 54:05Speaker 1: doing the right thing to do. It's good to get
- 54:08Speaker 1: along with countries, not bad, especially you know, nuclear powered countries.
- 54:15Speaker 1: I mean, the guy is a running joke, is a
- 54:20Speaker 1: running contradiction, an ongoing constant contradiction. They suggest that maybe
- 54:31Speaker 1: the Chinese have been buying Trump meme coins, and he's
- 54:35Speaker 1: trying to please them that way. Maybe the parents of
- 54:37Speaker 1: the students applying for the visas are buying meme coins
- 54:40Speaker 1: and bribing Trump to do this. It's just beyond comporhension
- 54:46Speaker 1: how this guy emotes and turns those emotions into actions
- 54:54Speaker 1: as president of the United States President, it's mind boggling.
- 55:02Speaker 1: Trump is mind boggling. Anyway, six hundred thousand Chinese students,
- 55:10Speaker 1: and I'm all for that. I'm big on student visas.
- 55:15Speaker 1: I let them in, they pay, they wait, they pay
- 55:18Speaker 1: out of state tuition, they come here, they get a diploma.
- 55:22Speaker 1: Hopefully we'll allow them to stay and they can work,
- 55:24Speaker 1: and they can immigrate to the United States. It's great.
- 55:28Speaker 1: They're incredibly productive. So I'm all in favor of all
- 55:33Speaker 1: of that. But so in this I agree with Trump.
- 55:36Speaker 1: But he's doing this to please chi that's the amazing thing.
- 55:39Speaker 1: And then he says, oh, it's the right thing to do.
- 55:42Speaker 1: If he ever came in his life about doing what
- 55:44Speaker 1: the right thing to do is. But it's basically, I'm
- 55:47Speaker 1: sucking up to a nuclear powered nation. This is the
- 55:49Speaker 1: right thing to do. This is how you treat a
- 55:51Speaker 1: nuclear powered nation by sucking up to them. I keep
- 55:59Speaker 1: shrugging because I don't know what to do anymore about Trump.
- 56:02Speaker 1: And you know, again, I know a lot of you
- 56:06Speaker 1: already convinced, and I'm just repeating stuff that you already
- 56:09Speaker 1: agree with. But there's so many people out there who
- 56:12Speaker 1: admire this guy. Anyway. I don't know if you've seen
- 56:19Speaker 1: the data, but the data suggests that since Trump deployed
- 56:24Speaker 1: the National God out of state National God to wasn't
- 56:28Speaker 1: in d C and give them weapons and have them
- 56:31Speaker 1: patrol around different neighborhoods around d C, violence is way
- 56:36Speaker 1: down in d C.
- 56:39Speaker 4: Isn't that a shock when.
- 56:41Speaker 1: You put lots of people out into the streets with
- 56:45Speaker 1: arms that again patrol and going to you know, potentially
- 56:54Speaker 1: catch you if you commit a crime. Crime is down,
- 56:58Speaker 1: in particular, you know, crime that is easy to observe
- 57:02Speaker 1: and easy to catch.
- 57:03Speaker 4: I guess homicides are down.
- 57:06Speaker 9: We've got robbery is down, Booglooya is down, motor vehicle
- 57:13Speaker 9: theft is down, and the biggest one, I mean eighty
- 57:16Speaker 9: seven decline in carjacking.
- 57:19Speaker 4: Because you've got a cop in the corner.
- 57:21Speaker 1: How you in a contract? Not a cop? A federal
- 57:25Speaker 1: agent with a gun. So yes, there's lots of ways
- 57:30Speaker 1: to reduce crime. And indeed, you know an obvious one
- 57:36Speaker 1: is to spend more money on police and have more
- 57:38Speaker 1: police in the streets. And that's what every city in
- 57:42Speaker 1: America should do, increase policing. But if you put almored vehicles,
- 57:52Speaker 1: if you put you know, men with similar Americans at
- 57:56Speaker 1: the corners, I mean Boukel figured it out. Basically, round
- 57:59Speaker 1: out all young men if they have a tattoo. If
- 58:01Speaker 1: they don't have a tatto, they're fine, But if they
- 58:03Speaker 1: have a tattoo, round up all young men and throw
- 58:05Speaker 1: them in jail. That will reduce crime. Absolutely reduce crime.
- 58:09Speaker 1: I've often said, you've heard me say on this show.
- 58:12Speaker 1: If you want to reduce crime in particular, I'd say rape,
- 58:16Speaker 1: then all you have to do is have a co view.
- 58:21Speaker 1: Men are not allowed out of the house after six pm,
- 58:25Speaker 1: and they can leave home at seven am, and I'll
- 58:28Speaker 1: make it seven pm, twelve hours. They have to stay
- 58:30Speaker 1: at home. They can't be in the streets. If they're
- 58:32Speaker 1: the streets, they'll get arrested. Crime will plummet, and make
- 58:37Speaker 1: it only men under sixty five, because that's Crimit bost
- 58:40Speaker 1: the crimes and crime will plummet. If that's your standard,
- 58:44Speaker 1: then do it. My standard is freedom and liberty, and yes,
- 58:49Speaker 1: crime is going to be higher in freedom and at
- 58:52Speaker 1: least crime between individuals. Take the state out of it,
- 58:57Speaker 1: crime is going to be higher. And the way to
- 59:02Speaker 1: deal with crime underfreedom is to increase the police, but
- 59:07Speaker 1: not have them militarized and armed in every corner. Have
- 59:12Speaker 1: But you know, crime is too high in many parts
- 59:15Speaker 1: of the United States. By the way, everybody talks about
- 59:17Speaker 1: la in Chicago and New York. New York crime is
- 59:20Speaker 1: way down, but everybody talks about crime in those cities.
- 59:24Speaker 1: And Chicago just had a horrible weekend. Labor Day weekend
- 59:27Speaker 1: was just has just been horrible in terms of the
- 59:30Speaker 1: number of motives in Chicago. And that'll that'll give a
- 59:34Speaker 1: lot of fuel to Trump wanting to send in troops
- 59:36Speaker 1: to Chicago. But the reality is that the most violent crime,
- 59:43Speaker 1: the most violent cities in the United States and the
- 59:45Speaker 1: Midwest are in the South. Many of the most violent
- 59:50Speaker 1: areas in the United States are rural areas. Do you
- 59:54Speaker 1: know that the most violent city in the United States
- 59:57Speaker 1: is Anchorage, Alaska? I didn't know this Anchorage, Alaska is really,
- 1:00:02Speaker 1: really is a pro capital per hundred thousand more motives
- 1:00:06Speaker 1: than any of the place in the US. Anchorage, Alaska,
- 1:00:09Speaker 1: I would think it would be too cold to commit crimes,
- 1:00:12Speaker 1: and Anchorage. Maybe cold and darkness enhance criminal activity. I
- 1:00:19Speaker 1: don't know. But in the South, almost every major city
- 1:00:25Speaker 1: in town and many rural areas in the South very
- 1:00:29Speaker 1: high crime rates. Indeed, New York City is safer than
- 1:00:34Speaker 1: many many, many rule.
- 1:00:36Speaker 4: Counties in the United States.
- 1:00:38Speaker 1: The idea that crime is only a city focused thing
- 1:00:43Speaker 1: is just untrue. And yes, militarizing, militarizing law enforcement, placing
- 1:00:53Speaker 1: police everywhere. Yes, that war would use crime, There's no
- 1:00:57Speaker 1: question about it. Whether it's what you want, whether it's
- 1:01:00Speaker 1: the kind of place you want to live, is a
- 1:01:03Speaker 1: good question.
- 1:01:04Speaker 4: I'd rather reduce crime with a better culture.
- 1:01:10Speaker 1: I think doing things like you know, eliminating the warfare
- 1:01:14Speaker 1: states and increasing the number of cops. But a culture
- 1:01:21Speaker 1: of freedom, a culture of liberty, is going to be
- 1:01:23Speaker 1: a culture with a lot less crime than we have today.
- 1:01:25Speaker 1: A mixed economy I think generates crime. One second. My
- 1:01:38Speaker 1: challenge with Europe and air conditioning continues.
- 1:01:40Speaker 4: My air conditioning just shut.
- 1:01:41Speaker 1: Down without notice, and it won't go below twenty four
- 1:01:47Speaker 1: degrees centigrates. I can't. It's centrally controlled to never be
- 1:01:51Speaker 1: colder than twenty four centigrades. Go figure that. But that's
- 1:01:55Speaker 1: Europe and a conditioning. It is not geared towards increased productivity.
- 1:02:02Speaker 1: It is not geared towards comfort. It is geared towards
- 1:02:06Speaker 1: I don't know, some green energy target. Or maybe it's
- 1:02:10Speaker 1: geared towards the discomfort.
- 1:02:11Speaker 4: Maybe that's the motivation.
- 1:02:14Speaker 1: All right, let's see. So, yes, crime in d C
- 1:02:17Speaker 1: is down, which is not surprising. Criminals are to wait
- 1:02:22Speaker 1: it out until Trump leaves office. An interesting article on
- 1:02:27Speaker 1: slow Boring. Slow Boring is the blog or the sub
- 1:02:32Speaker 1: stack of Matt and glacis the kind of left of
- 1:02:36Speaker 1: center economist, left of sund economists.
- 1:02:40Speaker 4: Yes, in my vacyard economist.
- 1:02:43Speaker 1: And U Matt has a guest writer, Helena Bennett, writing
- 1:02:48Speaker 1: this article. And it's the title of the article I
- 1:02:51Speaker 1: think is is really interesting. It's it's Denver's restaurants are dying,
- 1:02:58Speaker 1: and we examine why Denver's restaurants dying?
- 1:03:01Speaker 4: What is it? Why in Denver?
- 1:03:04Speaker 1: It turns out, and I didn't know this, that the
- 1:03:08Speaker 1: city of Denver has the highest minimum wages in the country.
- 1:03:15Speaker 1: It has unbelievably high minimum wage and it has you
- 1:03:19Speaker 1: know how they calculate the minimum wage because in restaurants,
- 1:03:24Speaker 1: waters get tips. They give you an allowance for tips,
- 1:03:28Speaker 1: so you can let's say the minimum wage is twenty,
- 1:03:31Speaker 1: and then you get a three dollars an hour allowance
- 1:03:35Speaker 1: for tips, so you can pay seventeen under the assumption
- 1:03:38Speaker 1: that they're going to get the three dollars from tips.
- 1:03:41Speaker 1: Now they get a lot more than that, but they
- 1:03:42Speaker 1: get three dollars, so you as a restaurant have to
- 1:03:45Speaker 1: pay the seventeen, not to twenty. Anyway, Denver has a
- 1:03:48Speaker 1: very small allowance for tips, so restaurants are forced in
- 1:03:53Speaker 1: Denver to pay their weight staff much much higher wages
- 1:04:01Speaker 1: then is typical around the country. It's not just wait staff,
- 1:04:05Speaker 1: it's everybody who works in the kitchen, everybody who works
- 1:04:09Speaker 1: in the restaurant.
- 1:04:11Speaker 4: So Denver is losing the restaurant business.
- 1:04:19Speaker 1: People are literally shutting down restaurants basically saying the reason
- 1:04:23Speaker 1: is costs. And this is primarily full service restaurants, owner
- 1:04:30Speaker 1: operated restaurants, independent restaurants, not the big corporate restaurants.
- 1:04:34Speaker 4: They can, they can kind of manage the costs, and
- 1:04:38Speaker 4: the number of Denver area.
- 1:04:40Speaker 1: Full service restaurants is slowly declining. It's been declining for
- 1:04:44Speaker 1: a decade now. And the argument is, you know, a
- 1:04:48Speaker 1: lot of it kind of hit them hard with COVID
- 1:04:51Speaker 1: like everywhere else. But then beyond that, it's costs. And
- 1:04:57Speaker 1: the biggest cost here, beyond taxes and regulations and all
- 1:05:00Speaker 1: of that, is minimum wages. Now bring this up because
- 1:05:06Speaker 1: I think it's important for us to constantly harp on
- 1:05:09Speaker 1: the idea minimum wages are destructive. Minimum wages are destructive.
- 1:05:21Speaker 1: People pay a price. The price is unemployment. The prices
- 1:05:24Speaker 1: less restaurants. The price is less, you know, less employment. Now,
- 1:05:31Speaker 1: on top of this, what's interesting is there's a massive
- 1:05:34Speaker 1: shortage of employees. There's about twenty six thousand open positions
- 1:05:40Speaker 1: in the restaurant business for wages, servers, you know, people
- 1:05:46Speaker 1: in the kitchen and so on, and a lot of
- 1:05:49Speaker 1: that is a consequence of the fact that, well, we
- 1:05:54Speaker 1: don't have enough of immigrants coming into this country, and
- 1:05:57Speaker 1: the ones that have come into this country and tend
- 1:05:58Speaker 1: to work in Denver restaurants are being rounded up and
- 1:06:05Speaker 1: center of the country deported, and many of them are
- 1:06:07Speaker 1: leaving of their own free will. By some estimates, between
- 1:06:11Speaker 1: a million and two million illegal immigrants have left the
- 1:06:15Speaker 1: country since Trump was elected. Because they don't want the
- 1:06:19Speaker 1: hassle of dealing with ice, they just pack up and leave.
- 1:06:25Speaker 1: So Denver, for example, I think this is true of
- 1:06:29Speaker 1: a lot of cities, but Denver in particular, property taxes, utilities, insurance,
- 1:06:34Speaker 1: food and drink price is rent, and of course one
- 1:06:37Speaker 1: of the highest minimum wage is in the country are
- 1:06:40Speaker 1: killing Denver restaurants. And then on top of that just
- 1:06:43Speaker 1: a shortage of labor. So even though they're paying these
- 1:06:46Speaker 1: really high wages, if you take into account what they
- 1:06:51Speaker 1: really get on tips, they cannot get people to come
- 1:06:57Speaker 1: into work. So much for the all those kids sitting
- 1:07:02Speaker 1: in the basement, just waiting for the illegal immigrants to
- 1:07:05Speaker 1: leave so they can take their jobs. Another one of
- 1:07:09Speaker 1: those bold face, unequivocal lies that the Trump administration and
- 1:07:13Speaker 1: MEGA keeps telling you, Oh, there are plenty of people
- 1:07:16Speaker 1: in America to take those jobs, plenty of people all
- 1:07:21Speaker 1: in their mother's basement. Just wait until the illegals leave
- 1:07:26Speaker 1: and these companies have to pay the higher wages and
- 1:07:28Speaker 1: all these people will rush to take those jobs. Oh no,
- 1:07:36Speaker 1: by the way, the story actually says that, for example,
- 1:07:41Speaker 1: in Houston, where there is no you know, where there's
- 1:07:44Speaker 1: a very low minimum wage and where the cost of
- 1:07:47Speaker 1: living is very low, they're very low regulations, the very
- 1:07:50Speaker 1: low controls. The restaurant business is booming and the city
- 1:07:55Speaker 1: continues to grow. There's no end to how fast Houston
- 1:07:59Speaker 1: is growing, and property prices are not going up. That is,
- 1:08:03Speaker 1: it's not super expensive to live in Houston, and yet
- 1:08:12Speaker 1: nobody learns. Nobody learns. They still believe in the minimum wage.
- 1:08:16Speaker 1: The minimum wage is the way to go. All right,
- 1:08:19Speaker 1: talking about illegal immigrants, let's talk about what's going on
- 1:08:24Speaker 1: in the UK. So the UK has basically abided over
- 1:08:33Speaker 1: the last decade or so, probably longer, but suddenly over
- 1:08:36Speaker 1: the last decade by these crazy international rules to basically
- 1:08:43Speaker 1: say that you have to admit asylum seekers, you have
- 1:08:50Speaker 1: to bring them into the country. And the reality is,
- 1:08:54Speaker 1: and this is true in the United States as well,
- 1:08:56Speaker 1: what the Bide administration was doing is you don't just
- 1:08:58Speaker 1: have to admit them into the confry, but you also
- 1:09:02Speaker 1: have to feed, clothes, and house them. You have to
- 1:09:05Speaker 1: provide them with the means by which to live. They're
- 1:09:10Speaker 1: not coming to work, and indeed, in the United States
- 1:09:14Speaker 1: then our louder work as their paperwork is being.
- 1:09:17Speaker 4: Processed, so they're out of the workplace.
- 1:09:20Speaker 1: So the only way to live is to be wards
- 1:09:24Speaker 1: of the state, to live off of the state, to
- 1:09:28Speaker 1: be part of the warfare state. Now, since there'd been
- 1:09:33Speaker 1: a flight of these asylum seekers into the UK, I
- 1:09:37Speaker 1: think people around the world have figured out, oh.
- 1:09:39Speaker 4: Just announce asylum, just to clear asylum.
- 1:09:41Speaker 1: And there are plenty of horrible places around the world
- 1:09:45Speaker 1: where you can easily claim that you're being persecuted and
- 1:09:47Speaker 1: justifiably that you really are running away from persecution, and
- 1:09:53Speaker 1: you can go to confry like the UK and be admitted. Yeah,
- 1:10:01Speaker 1: they have follows you, feed you clothing, and they do
- 1:10:07Speaker 1: in the United in the United Kingdom, just like in
- 1:10:10Speaker 1: Manhattan and in other places around the country under Biden.
- 1:10:14Speaker 1: And I don't know what's happening to these people right now.
- 1:10:16Speaker 1: I think many of them are being deported. But in
- 1:10:20Speaker 1: the United Kingdom, the government, you know, basically rented out
- 1:10:24Speaker 1: hotels and put the asylum seekers into hotel rooms. Now,
- 1:10:30Speaker 1: this is a complete abuse of what the government is
- 1:10:33Speaker 1: there to do. I mean, it's fine if you want
- 1:10:36Speaker 1: to come to the UK. You can want to come
- 1:10:38Speaker 1: to the US as an asylum seeker, but you have
- 1:10:42Speaker 1: to pay your own way. You have to be able
- 1:10:45Speaker 1: to work, you have to be able to make a living,
- 1:10:48Speaker 1: and if you can, then leave. But under no circumstances
- 1:10:58Speaker 1: should the state be providing these people with welfare with funds.
- 1:11:05Speaker 1: And of course the fact that they're providing them with
- 1:11:08Speaker 1: housing and funding only provides an incentive for everybody else
- 1:11:12Speaker 1: in their country to come over to you and flood
- 1:11:15Speaker 1: the country with people who are not going to work,
- 1:11:18Speaker 1: who are just living in housing provided by the government and.
- 1:11:25Speaker 4: Being provided with welfare.
- 1:11:28Speaker 1: Find as sponsors will need to support you or get
- 1:11:32Speaker 1: a job, get a job and support yourself. So I'm
- 1:11:38Speaker 1: not a make fit of sponsors because I mean, because
- 1:11:43Speaker 1: it'll run out ultimately, and you know, people, people need
- 1:11:49Speaker 1: to find jobs. I mean, I'm sticking to my work
- 1:11:52Speaker 1: based immigration approach. I think that's the best approach in
- 1:11:56Speaker 1: a mixed economy. In the United Kingdom, the government is
- 1:12:04Speaker 1: housing an estimated thirty two thousand people in hotel rooms
- 1:12:10Speaker 1: in hotel rooms in all over rural England. This is
- 1:12:15Speaker 1: not in London. This is all over the place now,
- 1:12:20Speaker 1: you know, as it happens. In July of this year,
- 1:12:26Speaker 1: an Ethiopian asylum seeker housed the local hotel in Epping, Epping, UK,
- 1:12:34Speaker 1: Epping was charged with the sexual assault of a teenage goal.
- 1:12:40Speaker 1: Now this incident just you know, inflamed the residence of Epping,
- 1:12:48Speaker 1: but also was just a you know, people who opposed
- 1:12:56Speaker 1: the whole asylum issue and opposed for all these immigrants
- 1:13:00Speaker 1: in hotels and who are upset by the grooming gangs
- 1:13:04Speaker 1: and everything else. And you know, this is cited real
- 1:13:09Speaker 1: anger among the residents. So demonstrators have come out and
- 1:13:14Speaker 1: almost every day demonstrating against the use of hotels to
- 1:13:18Speaker 1: accommodate asylum seekers. They're doing apping, but they're also doing
- 1:13:22Speaker 1: in the other places, the thirty thousand of them in
- 1:13:24Speaker 1: different hotels. At some point the Epping Forest District Council
- 1:13:31Speaker 1: got a High Court injunction a high court is the
- 1:13:33Speaker 1: local court, not the Supreme Court, to vacate the Bell
- 1:13:38Speaker 1: Hotel by mid September. But then that injunction was overturned
- 1:13:43Speaker 1: by a Court of Appeals and the Court of a
- 1:13:47Speaker 1: Bill allowed the one hundred and thirty eight asylumn seekers
- 1:13:50Speaker 1: at the hotel to stay there, which is just inflamed
- 1:13:55Speaker 1: the people even more so. Now you get protests constantly
- 1:14:01Speaker 1: at the hotel, at the council officers, drawing crowds of
- 1:14:06Speaker 1: residents and of course many many right wing groups from
- 1:14:11Speaker 1: a variety of the political parties. But of course reform
- 1:14:14Speaker 1: is the biggest one egging this on. This is their issue.
- 1:14:18Speaker 1: Immigration is their issue. Many of these demonstrations have turned confrontational,
- 1:14:25Speaker 1: you know, they've banned face covering, they've they've and and
- 1:14:29Speaker 1: there's there's been some violence initiated. And of course this
- 1:14:34Speaker 1: is representative of something going on on a nationwide scale,
- 1:14:38Speaker 1: that is the resentment that the British people feel towards
- 1:14:43Speaker 1: I think part of it legit, part of it not
- 1:14:46Speaker 1: towards these immigrants. It's it's also lumped in with the
- 1:14:50Speaker 1: whole issue of you've got all these Muslim immigrants in
- 1:14:53Speaker 1: the UK who are not assimilating and who are demanding
- 1:14:57Speaker 1: Sharia law, who demanding, you know, Britain become a Muslim state,
- 1:15:04Speaker 1: and the.
- 1:15:07Speaker 4: Brits are offended by that, as they should be.
- 1:15:11Speaker 1: And it's all connected, right, because these people couldn't come
- 1:15:15Speaker 1: to the UK if they weren't funded by a warf
- 1:15:18Speaker 1: estate and if they had to work for a living,
- 1:15:22Speaker 1: if they weren't on welfare, then they wouldn't be.
- 1:15:26Speaker 4: Able to stay in the UK.
- 1:15:30Speaker 1: So the mixed economy makes it possible for immigrants, many
- 1:15:35Speaker 1: of the Muslim to come to the UK, not assimilate,
- 1:15:39Speaker 1: non integrate, and you know, spout this Sharia Islamist hollor.
- 1:15:52Speaker 4: Which only causes because it always does.
- 1:15:55Speaker 1: This is exactly what happens. The local population to go,
- 1:15:59Speaker 1: wait a minute, that's not acceptable, and as a consequence
- 1:16:03Speaker 1: you see parties like Reform Niger Farage seize on that
- 1:16:10Speaker 1: to push anti immigrant legislation.
- 1:16:14Speaker 4: So they want mass infotation among other things.
- 1:16:19Speaker 1: Right, and nobody blames the warfare state because nobody wants
- 1:16:26Speaker 1: to challenge the office state. Niga Farage suddenly doesn't want
- 1:16:29Speaker 1: to challenge the warfare state. They want to just make
- 1:16:32Speaker 1: it about this limited issue of immigration instead of looking
- 1:16:35Speaker 1: at the wider question.
- 1:16:38Speaker 4: The left purely motivated by.
- 1:16:41Speaker 1: Altruism, I mean, these are suffering people. I mean literally,
- 1:16:44Speaker 1: Today the UK Home Secretary announce that the UK will
- 1:16:50Speaker 1: streamline the process of Garzen from Gaza students to come
- 1:16:54Speaker 1: to the UK, along with granting gozens generally permanent resid
- 1:17:00Speaker 1: and see in the UK, now we can explain that
- 1:17:03Speaker 1: other than altruism there suffering.
- 1:17:07Speaker 4: We're not we're rich.
- 1:17:08Speaker 1: Therefore we must we must take care of them. It
- 1:17:13Speaker 1: is amala judy am responsibility. Anything else will be damn
- 1:17:18Speaker 1: right evil. They have rights, after all, that's what Eupean
- 1:17:23Speaker 1: declaration of rites us. Everybody has all these rights to
- 1:17:26Speaker 1: housing and living and clothes and all the stuff which
- 1:17:30Speaker 1: the government has to provide if you can't provide for yourself.
- 1:17:35Speaker 1: And this is going to explode. I've said this for
- 1:17:40Speaker 1: twenty plus years that ultimately what will happen is whether
- 1:17:44Speaker 1: it's the Brits, of the Germans or the French. Probably
- 1:17:46Speaker 1: the Germans, they will one day to wake up and
- 1:17:50Speaker 1: they'll say, we've had it, We've had it with the Muslims.
- 1:17:53Speaker 1: It's time to get rid of them. And if they're
- 1:17:57Speaker 1: ever concentration camps in Germany again, they will be concentration
- 1:18:01Speaker 1: camps of Muslims and they will kill them, innocent, guilty.
- 1:18:08Speaker 1: It doesn't matter.
- 1:18:10Speaker 4: Europe will not become Muslim.
- 1:18:12Speaker 1: It might become fascist hell, but it will now become Muslim.
- 1:18:18Speaker 1: But the Muslims are egging these racist nationalists on. They're
- 1:18:23Speaker 1: poking them up, poking them, and many good people, many
- 1:18:27Speaker 1: honest people, many non fascist people, are coming to the
- 1:18:33Speaker 1: conclusion these you know, these Muslims, they want to impose
- 1:18:36Speaker 1: Sharia law. We don't want that, So we better support
- 1:18:39Speaker 1: the people who want to get rid of them, and
- 1:18:42Speaker 1: we'll turn a blind eet how they get rid of them.
- 1:18:45Speaker 1: We won't pay too much attention to how they do it,
- 1:18:47Speaker 1: as long as they get rid of them. And if
- 1:18:49Speaker 1: it's part of that, I lose my freedom and liberty.
- 1:18:52Speaker 1: Well I was going to lose it on the Sharia
- 1:18:53Speaker 1: law anyway, might as well lose it to people I know,
- 1:18:57Speaker 1: people who are like me. The logic of this is
- 1:19:03Speaker 1: just I mean.
- 1:19:06Speaker 4: One of the things that is happening in the UK.
- 1:19:09Speaker 1: Is in response to the asylum seekers and the issue
- 1:19:13Speaker 1: of Muslims and everything like that, is people in the
- 1:19:18Speaker 1: UK have announced a campaign called Operation Raised the Colors,
- 1:19:23Speaker 1: where people go around and they put up Union jacks
- 1:19:28Speaker 1: and so Georgia's crosses, these British flags, the flags of England,
- 1:19:32Speaker 1: the flag of the Union in all kinds of different places.
- 1:19:39Speaker 1: Now you know this is viewed by the mainstream media
- 1:19:43Speaker 1: and by the Labor Party and by many of the
- 1:19:48Speaker 1: local council governments. As you know, this is offensive to
- 1:19:53Speaker 1: the immigrants, and you know this is the fall right
- 1:19:58Speaker 1: in doing this. And the funny thing that's happening is
- 1:20:03Speaker 1: that you've got police and local officials going around in
- 1:20:08Speaker 1: rural England all over the place tearing down British flags,
- 1:20:14Speaker 1: and of course they're not They're citing safety concerns, unstable ropes,
- 1:20:20Speaker 1: risked the vehicles or the lamps where the flags happen
- 1:20:22Speaker 1: to be hanging, which is bs Obviously, I bet you
- 1:20:28Speaker 1: nobody's tearing down Hamas flags, but British flags, since you're
- 1:20:35Speaker 1: just Crosses flags.
- 1:20:36Speaker 4: Those are being torn down.
- 1:20:39Speaker 1: And people are even more upset because of that. Again,
- 1:20:44Speaker 1: the government is siding with the Muslims. The government is
- 1:20:47Speaker 1: siding with the anti Brits. I see, I have a
- 1:21:05Speaker 1: new feature, a new feature with with YouTube that allows
- 1:21:14Speaker 1: me and they really encourage him YouTube. The people at
- 1:21:17Speaker 1: YouTube are really passionate about this. They want me to
- 1:21:19Speaker 1: set goals for super chats. Now they can't set dollar goals.
- 1:21:23Speaker 1: Those have been doing for a long time because of
- 1:21:26Speaker 1: a software Miss Love provided me. I can I can
- 1:21:29Speaker 1: do that separate from YouTube. But YouTube have built in
- 1:21:33Speaker 1: a goal for the number of super chats. So we're
- 1:21:37Speaker 1: going to do a thirty minute challenge. A thirty minute
- 1:21:42Speaker 1: challenge is going to be ten super chats a five
- 1:21:46Speaker 1: euros or more, so I don't know seven dollars or more,
- 1:21:52Speaker 1: and you know so. So we want ten superchats over
- 1:22:00Speaker 1: the next thirty minutes, five years or more to meet
- 1:22:05Speaker 1: our YouTube challenge. And if we meet the challenge, I
- 1:22:09Speaker 1: won't mention superchats for thirty minutes. I won't mention fundraising
- 1:22:13Speaker 1: at all. So starting, I guess, starting now, they really
- 1:22:31Speaker 1: want me to test this out, to help me out here.
- 1:22:34Speaker 1: I just did ten because a lot of super chats
- 1:22:36Speaker 1: already came in. The goal was actually running on the
- 1:22:40Speaker 1: first thirty minutes, and we got fourteen out of I
- 1:22:44Speaker 1: think thirty that I set it up.
- 1:22:47Speaker 4: So let's go for the goal. We're looking for.
- 1:22:48Speaker 1: Ten superchats are five dollars a more. Anyway, You've got
- 1:22:53Speaker 1: local councils in Birmingham, York Tower removing flags from public
- 1:22:58Speaker 1: infrastructure against citing safety concerns. You've got the Brits being
- 1:23:03Speaker 1: super upset about this You've got the Epping thing where
- 1:23:07Speaker 1: the local council says we want to shut down the hotel,
- 1:23:10Speaker 1: and some courts, some higher court saying no, you can't
- 1:23:14Speaker 1: do that. They have rights, rights to your money and
- 1:23:17Speaker 1: your time and your effort.
- 1:23:22Speaker 4: And this is all.
- 1:23:25Speaker 1: Boiling up in England, and I really think there's elections today.
- 1:23:29Speaker 1: I think Labor would lose in a landslide. I think
- 1:23:31Speaker 1: Reform would win big, I mean big, and immigrants would
- 1:23:39Speaker 1: be in big trouble, and I think so would the
- 1:23:42Speaker 1: UK generally, because I don't think Reform actually has a program.
- 1:23:45Speaker 1: And just like right wing parties all over Europe, the
- 1:23:48Speaker 1: very left wing when it comes to economics. I mean,
- 1:23:51Speaker 1: Naja Faraz might not be but he plays to the
- 1:23:54Speaker 1: left wing because he understands that his ultimate constituency is
- 1:23:58Speaker 1: right wing on socially shoes and left wing and economic issues.
- 1:24:03Speaker 1: So you get the worst of all wolves. So you're
- 1:24:09Speaker 1: getting a real conflict in England. Supposedly there's going to
- 1:24:12Speaker 1: be a big demonstration next weekend over this flag issue
- 1:24:18Speaker 1: that is.
- 1:24:19Speaker 4: Going to happen in Yeah, I'm not sure where London.
- 1:24:23Speaker 1: Maybe the authorities are going to bring out the police
- 1:24:26Speaker 1: enforce they're going to label this right wing crazy thing,
- 1:24:30Speaker 1: but this is people just frustrated, and it is indeed
- 1:24:34Speaker 1: the right wing capitalizing on their frustration.
- 1:24:38Speaker 4: But it really is a situation.
- 1:24:40Speaker 3: Where until you get rid of the mixed economy, until
- 1:24:43Speaker 3: you get rid of.
- 1:24:46Speaker 1: The incentive for people who don't want to work necessarily
- 1:24:52Speaker 1: to come to the country because you're providing for them.
- 1:24:56Speaker 4: Until you get rid of.
- 1:24:58Speaker 1: These incentives, the problem is going to continue to exist.
- 1:25:04Speaker 1: And the problem is that I think the right wing
- 1:25:07Speaker 1: wants to get rid of the immigrants, but they don't
- 1:25:09Speaker 1: want to get rid of the warfare state. And that
- 1:25:12Speaker 1: just means you'll get different manifestations of the issue. You'll
- 1:25:18Speaker 1: get different problems, different challenges, but the problems and challenges
- 1:25:21Speaker 1: will still be there, all right. As for this thirty
- 1:25:26Speaker 1: minute goal, we now have five of the ten, five
- 1:25:32Speaker 1: out of ten, so I'm still looking for five more
- 1:25:35Speaker 1: super chats. I guess stickers count. I'm pretty sure stickers counts,
- 1:25:39Speaker 1: although I don't know when to Yeah, I think yeah,
- 1:25:46Speaker 1: stickers definitely count. So stickers all super chats. We've got
- 1:25:52Speaker 1: three to go to get our goal. This will be
- 1:25:54Speaker 1: in a lot shorter time than the the thirty minutes
- 1:26:01Speaker 1: that I signed to it, but which would be great,
- 1:26:03Speaker 1: and then I can report back to YouTube. Yes it worked.
- 1:26:09Speaker 1: It's great because there he got. I have asked them
- 1:26:14Speaker 1: to give me. The thing that I want is a
- 1:26:16Speaker 1: list from them of who gives the most money in
- 1:26:20Speaker 1: any particular month, so that I can compliment Michael on
- 1:26:24Speaker 1: always being at the top of that list. And then
- 1:26:26Speaker 1: then the real battle is for second place, because I'm
- 1:26:30Speaker 1: pretty sure that Michael gives the most because he gives
- 1:26:32Speaker 1: every single show, and he gives often very large amounts
- 1:26:36Speaker 1: in any particular any particular show. So I'm pretty sure
- 1:26:39Speaker 1: Michael would win the monthly competition. But I think you
- 1:26:43Speaker 1: would get some people's competitive juices going, and we might
- 1:26:47Speaker 1: get some increased revenue because of the competitive jewises. All right,
- 1:26:50Speaker 1: we made the goal. I think Dave independently, Dave Dean
- 1:26:54Speaker 1: just independently got us there. He did one, two, three, four,
- 1:27:02Speaker 1: four of the stickers. We're just Dave, so thank you. Okay,
- 1:27:07Speaker 1: so now I'm not allowed to mention super chat for
- 1:27:11Speaker 1: thirty minutes, so until five PMS Coast time, I won't
- 1:27:15Speaker 1: mention super Chats. If I do, then scold me. But
- 1:27:19Speaker 1: that was it we achieved the goal. We achieved it
- 1:27:22Speaker 1: like that. I'll have to do this more often. This
- 1:27:23Speaker 1: is fun, all right, Dave, thank you, thank you, thank you.
- 1:27:29Speaker 1: That's very generous. Yeah, I mean it would be good
- 1:27:32Speaker 1: to see who the top five super chat supporters are
- 1:27:36Speaker 1: every month. That would be I think a cool feature.
- 1:27:38Speaker 1: If super Chat would provide that for me, that would
- 1:27:43Speaker 1: be great. All right, let's see, let's do our sponsors,
- 1:27:49Speaker 1: because we want to know who pays the bills around
- 1:27:52Speaker 1: here and who gets to influence my you know, because
- 1:27:56Speaker 1: I'm I'm available for sale, so we get you know,
- 1:27:59Speaker 1: that's what I'm being told them to chat. So we
- 1:28:01Speaker 1: want to know who influences met. I an institute. I
- 1:28:06Speaker 1: think we talked about this ALI live, which are courses
- 1:28:11Speaker 1: that live instruction, homework assignment. You can take it. But
- 1:28:16Speaker 1: the beauty of it, this is what used to be AARU.
- 1:28:20Speaker 1: The cours isn't O being off it. You don't have
- 1:28:21Speaker 1: to apply to take the courses. You do have to pay,
- 1:28:25Speaker 1: but you don't have to apply, and you can I
- 1:28:29Speaker 1: think some of you can get scholarships to take them.
- 1:28:32Speaker 1: Students I think can get scholarships, but you can apply
- 1:28:35Speaker 1: to take them. There is a discount for YBS listeners.
- 1:28:39Speaker 1: It's twenty five YBS ten. Twenty five YBS ten in October. First,
- 1:28:44Speaker 1: I think three courses are starting the philosophy of objectivism,
- 1:28:49Speaker 1: the objectivism through Ian's fiction, and I forget the third
- 1:28:54Speaker 1: the name of the third course, but those courses are amazing,
- 1:28:58Speaker 1: amazing courses. Really if you want to deepen your understanding
- 1:29:03Speaker 1: and have an opportunity really true and the principles of objectives,
- 1:29:07Speaker 1: and these courses are great examples for that. Again, you
- 1:29:10Speaker 1: can take you can do the homework, you can choose
- 1:29:12Speaker 1: not to do the homework, you can take the courses live,
- 1:29:14Speaker 1: you can listen after the fact, unbelievable flexibility. You will
- 1:29:19Speaker 1: also get a coach. You will be assigned a coach
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- 1:29:28Speaker 1: you might have on courses you want to take. But
- 1:29:30Speaker 1: generally there'll be a career in life coach applying objectivism,
- 1:29:34Speaker 1: helping you to apply objectivism. So hopefully you guys will
- 1:29:38Speaker 1: sign up. Go to ainman slash start here to sign up.
- 1:29:42Speaker 1: Don't forget the YBS discount code twenty five YBS ten
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- 1:32:01Speaker 1: my YouTube channel.
- 1:32:02Speaker 4: On the sponsors in the playlist for sponsors all right.
- 1:32:07Speaker 1: And finally, if you want to support the Ion Book
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- 1:32:22Speaker 1: provide anywhere from two dollars to one thousand dollars a month.
- 1:32:27Speaker 1: I really really appreciate it. Again, this show is made
- 1:32:30Speaker 1: possible by the support of you. Without you, guys support,
- 1:32:34Speaker 1: there is no show. All right. I feel like I'm
- 1:32:39Speaker 1: losing my voice for some weird reason. But anyway, we've
- 1:32:43Speaker 1: got a lot of questions, a ton of the super
- 1:32:45Speaker 1: chat questions, and we have, let's see a few of them,
- 1:32:55Speaker 1: a fifty dollars. So let's start with the fifty dollars questions,
- 1:32:57Speaker 1: go to the twenties, and then work our way down.
- 1:33:08Speaker 4: Let's see not you have a.
- 1:33:09Speaker 1: Algorithm analyzing crime statistics to figure out whether the rights
- 1:33:14Speaker 1: authoritarianism is really just concern about crime.
- 1:33:18Speaker 4: It's like analyzing poverty statistics to.
- 1:33:20Speaker 1: Figure out whether the lefts authoritarianism is really just concerned
- 1:33:23Speaker 1: for the poor. I like that, you know. I like that.
- 1:33:28Speaker 1: It is useful though, to analyze statistics anyway, because it's
- 1:33:33Speaker 1: interesting to know it's poverty rates going down they were
- 1:33:37Speaker 1: before the worn poverty was instituted significantly.
- 1:33:40Speaker 4: In the black community. Poverty rates were.
- 1:33:42Speaker 1: Going down from significantly during the fifties and sixties, and
- 1:33:47Speaker 1: they halted, they stopped going down significantly because of the
- 1:33:51Speaker 1: worn poverty.
- 1:33:52Speaker 4: And the same is interesting about crime. But I agree
- 1:33:55Speaker 4: with you, the essential is the.
- 1:33:56Speaker 1: Authoritarianism, and yes, the right is authoritarian in one way
- 1:34:02Speaker 1: in some ways, and the left is authoritarian in other
- 1:34:04Speaker 1: night ways, and.
- 1:34:09Speaker 4: Uh, it's it's it's a sad world we live in.
- 1:34:13Speaker 1: And the while the stats are interesting, the stats are
- 1:34:16Speaker 1: not the defining They're not what should determine whether we
- 1:34:25Speaker 1: should engage.
- 1:34:28Speaker 4: With the authoritarian actions.
- 1:34:29Speaker 1: Authoritarian authoritarianism is never warranted. I mean, you could argue
- 1:34:35Speaker 1: in times of unbelievable emergencies, you know, maybe a temporary
- 1:34:39Speaker 1: kind of authoritarian measures, like in El Salvado, which had
- 1:34:43Speaker 1: motivates the highest in the world, you do something to
- 1:34:48Speaker 1: lower them, and then but there's no there's never a
- 1:34:52Speaker 1: Then authoritarianism doesn't lead to freedom or theotianism just leads
- 1:34:56Speaker 1: to more authoritarianism always.
- 1:35:01Speaker 4: Always, Liam, Oh, this is part two. Let me find
- 1:35:08Speaker 4: part one. Where's part one.
- 1:35:11Speaker 1: To do? It's difficult if you do the higher one
- 1:35:15Speaker 1: as a You've got to do the.
- 1:35:17Speaker 3: Higher dollar one as a part one always, because then
- 1:35:20Speaker 3: I have to find the part one.
- 1:35:22Speaker 1: Okay, Liam, Part one. I get what you mean when
- 1:35:25Speaker 1: you say there's no one game changing event to alter
- 1:35:28Speaker 1: the culture. But you didn't mention that if an obil
- 1:35:31Speaker 1: price winner in physics were to credit rands and pistemology,
- 1:35:36Speaker 1: and he continues how that would be a big lead
- 1:35:40Speaker 1: forward towards when being taken more seriously. The same could
- 1:35:45Speaker 1: be said for Blake Souls if in twenty years the
- 1:35:47Speaker 1: whole world is flying in supersonic planes and he became
- 1:35:51Speaker 1: a major celebrity and credits rans publicly, Yes, I mean absolutely.
- 1:35:55Speaker 1: I mean, imagine if all the Silicon Valley, the guys
- 1:36:00Speaker 1: who were influenced by iron Rand in the nineteen eighties
- 1:36:04Speaker 1: and nineteen nineties had given her full credit for it,
- 1:36:07Speaker 1: had talked about it and talked about it well, had
- 1:36:12Speaker 1: defended her well and talked about it rightly. I think
- 1:36:17Speaker 1: she would have. It would be a big step forward,
- 1:36:19Speaker 1: There's no question about it. And I do think Blake
- 1:36:22Speaker 1: Scholes has opportunity here if he's willing, right, I mean,
- 1:36:26Speaker 1: if he's twenty years, everybody's writing around in Boom and
- 1:36:30Speaker 1: Blake is a celebrity, you know, I hope he he
- 1:36:35Speaker 1: talks a lot about Ironmand at that point. That would
- 1:36:38Speaker 1: be huge for the movement. Any successful person. Look, John
- 1:36:41Speaker 1: Allison did that. Now you know, John wasn't a CEO
- 1:36:46Speaker 1: of a cool industry, but he was maybe the most
- 1:36:50Speaker 1: successful bank CEO of the later twentieth century. He was
- 1:36:55Speaker 1: incredibly influential and incredibly successful. He talked a lot about Iran,
- 1:37:01Speaker 1: and there's no question that had a huge impact. And
- 1:37:05Speaker 1: now if you take somebody in a very cool industry,
- 1:37:08Speaker 1: on the cutting edge of technology, on something everybody is
- 1:37:12Speaker 1: paying attention to, and they credit Iran, Yeah, that would
- 1:37:16Speaker 1: have a big, big step forward, that would be that
- 1:37:19Speaker 1: would be big. I hope it happens, Amen. I just
- 1:37:24Speaker 1: came in with one hundred dollars. Thank you almen, really
- 1:37:27Speaker 1: really appreciate that got us really really close to our
- 1:37:32Speaker 1: dollar goal for the third hour, which we.
- 1:37:34Speaker 4: Haven't answered yet. So we're in great shape.
- 1:37:38Speaker 1: Thank you. Amen. Good to see you. Shoot me you're
- 1:37:40Speaker 1: back home, all right. Richard says, one of the most
- 1:37:44Speaker 1: positive trends in the world today, What gives you greatest
- 1:37:47Speaker 1: cause for optimism? Well, I mean not many, particularly if
- 1:37:52Speaker 1: you think about trends, because trends are a different than
- 1:37:56Speaker 1: one off phenomena. I mean something AI is something that
- 1:38:00Speaker 1: gives me a lot of cause for optimism, you know, AI.
- 1:38:06Speaker 1: I still think we're going to see a lot of
- 1:38:08Speaker 1: biotech breakthroughs, maybe not at the speed I we'd like,
- 1:38:11Speaker 1: Maybe not at the speed at which my life depends on.
- 1:38:14Speaker 1: But we will see a lot of I think biotech breakthroughs,
- 1:38:19Speaker 1: and maybe not in the United States, not an RFK
- 1:38:22Speaker 1: has his way, those bakthroughs won't be in the US.
- 1:38:25Speaker 1: Maybe they'll be in China, which is you know, investing
- 1:38:28Speaker 1: a lot more money and in some extent giving it
- 1:38:31Speaker 1: scientists a lot more freedom that we're willing to do
- 1:38:34Speaker 1: here in the United States, and so AI biotech potentially,
- 1:38:52Speaker 1: and then me Lay in Argentina. Those are really the
- 1:38:55Speaker 1: only really things that causes for optimism. Now the question
- 1:39:00Speaker 1: with me Lay is is he well, I'll give you
- 1:39:04Speaker 1: one more. Is he a trend? Is he a trend?
- 1:39:09Speaker 1: I think the are the cause for optimism. And this
- 1:39:12Speaker 1: is trick here because we'll see, we'll know in the
- 1:39:17Speaker 1: next few months. So many has been the courts. I
- 1:39:24Speaker 1: do think we still have a court system. We still
- 1:39:27Speaker 1: have courts that are rational, that are reason based, and
- 1:39:33Speaker 1: then seemed to be willing to reign in government power.
- 1:39:40Speaker 1: We saw that with reversing Chevron. You know, we've seen
- 1:39:45Speaker 1: that with a lot of kind of economic liberty issues
- 1:39:49Speaker 1: over the last few years and also separation of powers
- 1:39:54Speaker 1: issues over the last few years now that the real
- 1:39:56Speaker 1: question is going to come down. Are they willing to
- 1:39:58Speaker 1: reign in Trump? Be willing to reign in Biden? Remember
- 1:40:02Speaker 1: one of the reasons they the Spreme Court repeatedly knocked
- 1:40:07Speaker 1: down Biden's efforts to do student debt. Uh, you know,
- 1:40:13Speaker 1: waive student debt, eliminate student.
- 1:40:15Speaker 4: Debt was a separation of powerization. It wasn't. Congress did
- 1:40:20Speaker 4: not authorized.
- 1:40:21Speaker 1: The president to do that. He needed Congress to pass
- 1:40:24Speaker 1: a law that eliminated student debt. He couldn't do it,
- 1:40:28Speaker 1: you know, unilaterally. Will they be willing to hold Trump
- 1:40:33Speaker 1: to the same standards, for example on tariffs? But the
- 1:40:39Speaker 1: courts generally, and you know, when I've had Larry Larry
- 1:40:43Speaker 1: Salizman on and I've had Steve Simpsons on, They've been
- 1:40:46Speaker 1: very optimistic about the courts. And I think generally there
- 1:40:50Speaker 1: is a tendency in the courts to have a high
- 1:40:52Speaker 1: respect for property rights, much higher than any of the
- 1:40:58Speaker 1: other branches of government. So the courts assigned a sign
- 1:41:03Speaker 1: of optimism or optimistic reason for optimism if it holds,
- 1:41:08Speaker 1: and will know if it holds in the next the
- 1:41:10Speaker 1: next few months whether this is it wasn't just under
- 1:41:14Speaker 1: Biden that they were willing to do this, But are
- 1:41:16Speaker 1: they willing to do it under Trump? Even if it
- 1:41:17Speaker 1: means alienating Trump? All right, let's go to the twenty
- 1:41:33Speaker 1: dollars questions. Quite a few of those today, Thank you guys.
- 1:41:36Speaker 1: You guys have been very generous. Chasbatt The vegan crowd
- 1:41:40Speaker 1: is very similar to the anti abortion crowd. One thinks
- 1:41:45Speaker 1: that chicken are people, the other things that embryos are people.
- 1:41:49Speaker 1: One wants you to stop eating meat, the other wants
- 1:41:52Speaker 1: you to stop having sex. Yeah, I think that's right.
- 1:41:55Speaker 1: Although I wouldn't call them the vegan crowd. I know
- 1:41:59Speaker 1: vegans who not like that, many vegans or not like that.
- 1:42:03Speaker 4: I would rather call them animal rights.
- 1:42:04Speaker 1: People, the animal welfare people.
- 1:42:09Speaker 4: By the way, the.
- 1:42:11Speaker 1: One of the short stories, the short story, the final
- 1:42:14Speaker 1: short story Onnold's War from Folks in the Road that
- 1:42:18Speaker 1: I talked about yesterday was very much about kind of
- 1:42:22Speaker 1: the animal rights people.
- 1:42:23Speaker 4: Very critical of the animal rights people.
- 1:42:24Speaker 1: So that's good. So yes, But I agree they think
- 1:42:33Speaker 1: that animals have rights, and they think that embryos have rights,
- 1:42:38Speaker 1: that they're just like adult people. And one wants you
- 1:42:43Speaker 1: to stop eating meat, the other wants you to stop
- 1:42:45Speaker 1: having sex. I think stopping having sex is a bigger
- 1:42:50Speaker 1: deal than to stop eating meat. Sex more valuable than
- 1:42:55Speaker 1: eating Michael, maturity is more than just a late gratification
- 1:43:03Speaker 1: of taking the future into account. It's just sign of
- 1:43:05Speaker 1: maturity is when a person could admit they've done something
- 1:43:08Speaker 1: wrong and tell others about it before they discover it.
- 1:43:14Speaker 1: I mean, sure, but that is you know, that's a
- 1:43:26Speaker 1: pretty high ball. There are a lot of people I
- 1:43:28Speaker 1: know who never do that.
- 1:43:31Speaker 4: And who are mature in every other aspect.
- 1:43:34Speaker 1: Again, I think basically maturity is about being rational and
- 1:43:38Speaker 1: about having the capacity to be rational.
- 1:43:42Speaker 4: But I think that what is the.
- 1:43:44Speaker 1: Contrast, right, The contrast is people are super defensive about
- 1:43:49Speaker 1: being wrong. But I know a lot of adults are
- 1:43:51Speaker 1: super defensive generally mature, But the defense are about this
- 1:43:56Speaker 1: I don't know. I still think that maturity is primarily
- 1:43:59Speaker 1: about not being whim driven, not being instant gratification driven.
- 1:44:06Speaker 1: I think that is. And again, if you think about
- 1:44:08Speaker 1: the contrast, what is it about a child that's immature
- 1:44:11Speaker 1: His unwillingness to admit the mistakes, that's very sophisticated. It's
- 1:44:16Speaker 1: his desire to have what he wants right now, without
- 1:44:20Speaker 1: any question, it's his.
- 1:44:25Speaker 10: The fact that he's driven by win okay, chas vot.
- 1:44:37Speaker 1: What if somebody told Trump that his chance of getting
- 1:44:40Speaker 1: the Nobel Prize would dramatically increase if he eliminated all tariffs.
- 1:44:45Speaker 1: I think that would place him in a real dilemma
- 1:44:48Speaker 1: because of all the things that Trump does, of all
- 1:44:51Speaker 1: of them, the thing he believes in the most is tariffs.
- 1:44:58Speaker 1: He really had it. It's as if his life depends
- 1:45:01Speaker 1: on it. This is the one thing that he really,
- 1:45:03Speaker 1: really really loves.
- 1:45:07Speaker 4: So I don't know, like immigration, he would give.
- 1:45:10Speaker 1: Up ice for a noble price, no question, he doesn't
- 1:45:13Speaker 1: care that much. You can see that with the visas right.
- 1:45:16Speaker 4: No, that he's willing to allow six.
- 1:45:18Speaker 1: Hundred thousand Chinese students to come to the United States
- 1:45:22Speaker 1: in order to appease she. He's not willing to lower
- 1:45:26Speaker 1: tariffs to piece she. So it's where priorities lie. You
- 1:45:35Speaker 1: notice in the one country that's getting away without really
- 1:45:39Speaker 1: paying high tariffs and everything is Russia. Isn't that interesting,
- 1:45:46Speaker 1: It's gone under the radar that Russia. It's not part
- 1:45:49Speaker 1: of the specipical tariff thing. We still buy stuff from Russia,
- 1:45:55Speaker 1: even though there's sanctions, Hopper Gamble existed.
- 1:46:00Speaker 4: Her ideas still do.
- 1:46:02Speaker 1: While her movement is young, its success is inevitable. Her
- 1:46:06Speaker 1: ideas are right, and they will correct the course given time.
- 1:46:10Speaker 1: What we see capitalism in our lifetime. No, but it
- 1:46:13Speaker 1: will happen.
- 1:46:14Speaker 4: Yeah, I mean I agree with all of that. I
- 1:46:16Speaker 4: think that's right. It will happen. I don't think it's inevitable.
- 1:46:18Speaker 1: I don't like to use terms like that, because as
- 1:46:21Speaker 1: long as people actually will.
- 1:46:23Speaker 4: Nothing is really inevitable.
- 1:46:25Speaker 1: But yeah, it's it's I think it will happen. It
- 1:46:30Speaker 1: will happen in my lifetime. No, but it will happen.
- 1:46:33Speaker 1: Truth wins out in the end. Mike is looking at
- 1:46:38Speaker 1: how many hours a person must work to afford an item,
- 1:46:41Speaker 1: a better way at looking at prices today compared to
- 1:46:44Speaker 1: prices in the past. Yes, absolutely, it's I want to
- 1:46:48Speaker 1: do a show on that. But absolutely the time price
- 1:46:54Speaker 1: instead of a dollar price, put a time price on things.
- 1:46:57Speaker 1: How many how many hours does it take you to
- 1:47:00Speaker 1: work an average person to work in order to gain stuff?
- 1:47:06Speaker 1: And if you look at it that way, then you know.
- 1:47:14Speaker 4: A stand of living.
- 1:47:15Speaker 1: And that's that kept us standard of living, that kept
- 1:47:17Speaker 1: us quality of life because it captures how.
- 1:47:19Speaker 4: Much hours you work.
- 1:47:21Speaker 1: It's not gonna capture inflation because inflation is a monetary phenomena.
- 1:47:25Speaker 1: We've taken money out of the equation, and what you
- 1:47:28Speaker 1: will see is, in terms of hours, almost everything has
- 1:47:32Speaker 1: gone down in price. It costs less of your time,
- 1:47:38Speaker 1: and therefore your standard living, quality of life has gone up.
- 1:47:43Speaker 1: And it is a much better measure than measures that
- 1:47:47Speaker 1: have money involved, because the money is how do we
- 1:47:50Speaker 1: measure it's inflation? How do we measure the inflation? How
- 1:47:53Speaker 1: do we measure what is money? How do we measure
- 1:47:56Speaker 1: the quantity of money? All of those things go away
- 1:47:59Speaker 1: when you just look at time. How much time does
- 1:48:02Speaker 1: it take me to work in order to afford a
- 1:48:04Speaker 1: three star Michelin restaurant less today than thirty years ago.
- 1:48:11Speaker 1: Thirty years ago, it would have taken me out because
- 1:48:14Speaker 1: I earned a lot less. It would have taken me many, many,
- 1:48:16Speaker 1: many hours to earn enough to go and eat at
- 1:48:21Speaker 1: the three star Micheline restaurant. Today not that much. And
- 1:48:27Speaker 1: you can you can look at product after product or
- 1:48:29Speaker 1: a product, so you measure the value of the product
- 1:48:33Speaker 1: in terms of how many hours you have to work
- 1:48:35Speaker 1: to attain it given its price, and given how much
- 1:48:39Speaker 1: you earn. And what you'll see there is that you're
- 1:48:43Speaker 1: making a lot more money today, and you're making a
- 1:48:46Speaker 1: lot more money relative to the cost of goods. And
- 1:48:49Speaker 1: that's reflected in the fact that you have to work
- 1:48:51Speaker 1: less and less and less for the goods that you'll consume,
- 1:48:55Speaker 1: me even housing now housing maybe not housing, maybe after
- 1:49:00Speaker 1: work more today in order to consume because your wages
- 1:49:03Speaker 1: have not kept up with the house of price of housing.
- 1:49:06Speaker 1: But that's the exception. And if you've if your income
- 1:49:12Speaker 1: has gone up a lot, then probably housing as well.
- 1:49:16Speaker 1: I mean, most of us live in much bigger houses
- 1:49:18Speaker 1: today than we did thirty years ago. I certainly do
- 1:49:22Speaker 1: much much bigger house, much much nice house, much much
- 1:49:25Speaker 1: much much much much much much more expensive house. And
- 1:49:29Speaker 1: that's a reflection of fact. And my income has grown
- 1:49:32Speaker 1: much much, much much higher. D you see, So you
- 1:49:38Speaker 1: measure the house house costs a million dollars, How many
- 1:49:45Speaker 1: hours do I have to work to make a million dollars?
- 1:49:49Speaker 4: How many hours did I have to work.
- 1:49:50Speaker 1: Twenty years ago to make enough money to buy the
- 1:49:54Speaker 1: same house, whatever the price.
- 1:49:56Speaker 4: Was twenty years ago. And you compare those so.
- 1:50:01Speaker 1: Yes, I'll do a show on that, and I'll bring
- 1:50:05Speaker 1: some examples.
- 1:50:09Speaker 4: Shasbat fear is the mind killer.
- 1:50:12Speaker 1: Lady Jessica in Dune Part one, Chasbat has all these
- 1:50:17Speaker 1: great lines out of movies. I am very jealous. Yeah,
- 1:50:20Speaker 1: I mean it's a great it's a great line, and
- 1:50:23Speaker 1: it's absolutely true. Fear is a mind killer. It destroys
- 1:50:27Speaker 1: your capacity really to think. It doesn't destroy it, but
- 1:50:32Speaker 1: from a lot of people, it makes it very difficult
- 1:50:34Speaker 1: for them to think, and they choose not to They
- 1:50:37Speaker 1: choose to evade instead or to be motivated by but
- 1:50:42Speaker 1: to be driven by the emotion. Wes, thank you for
- 1:50:48Speaker 1: the sticker that got us over the target. I really
- 1:50:50Speaker 1: really appreciate that. Andrew, back to the issue maturity, how
- 1:50:55Speaker 1: do you explain the phenomena of the degree of immaturity
- 1:50:59Speaker 1: of the Trump administration, the lying, careless mistakes, boot licking,
- 1:51:04Speaker 1: a Panacea's push ups, pull ups, could go on.
- 1:51:09Speaker 4: I mean, they're driven by women. They're not long term
- 1:51:15Speaker 4: rational thinkers.
- 1:51:16Speaker 1: There's no rationality, there's no strategy, there's no long term thinking.
- 1:51:20Speaker 4: They act like children.
- 1:51:23Speaker 1: I've talked often talked about the fact that they are
- 1:51:25Speaker 1: driven by and I think it's basically because Trump is
- 1:51:29Speaker 1: a child mentally. He is not mature. He is a
- 1:51:33Speaker 1: wim worshiper. He has a little self esteem, which you
- 1:51:39Speaker 1: know is consistent with kind of Michael's definition of lack
- 1:51:43Speaker 1: of maturity in that he will never admit a mistake
- 1:51:47Speaker 1: and he will always attack and attack when he feels insulted.
- 1:51:53Speaker 1: They they're just, you know, a lot of them are
- 1:51:59Speaker 1: just there to appear, and some of them have real
- 1:52:04Speaker 1: bigger goals, like jd Vance of really bringing America into
- 1:52:09Speaker 1: a new age of authoritarianism, a new age of Christian nationalism,
- 1:52:13Speaker 1: however you want to define it. And Trump is a
- 1:52:17Speaker 1: vehicle and they will say and do anything in order
- 1:52:21Speaker 1: for Trump to keep them on track to achieve their
- 1:52:25Speaker 1: ultimate goal, which is this, you know, authoritarian future. I mean,
- 1:52:32Speaker 1: it's hard to explain the irrational Richard interesting hotoical in
- 1:52:47Speaker 1: the Wall Street Journal on the gap between US and Europe. Yeah,
- 1:52:50Speaker 1: I saw that article, and I've talked about this many
- 1:52:52Speaker 1: times on the show. With a read ac only owned
- 1:52:56Speaker 1: by one fifth to one third of Europeans compared to
- 1:52:58Speaker 1: eighty five percent of Americans, and salary of UK specialist
- 1:53:02Speaker 1: doctors is less than the US welder.
- 1:53:05Speaker 4: Yes, yeah, I mean it's it's again.
- 1:53:09Speaker 1: I've talked about this many times, and I've given you
- 1:53:11Speaker 1: concrete examples. The United States, particularly over the last twenty
- 1:53:19Speaker 1: years or particularly since the financial crisis, has become significantly
- 1:53:23Speaker 1: richer than Europe. And Europe is held back by to
- 1:53:30Speaker 1: leg extent regulations, but many of those environmental regulations. That's
- 1:53:35Speaker 1: what keeps down air conditioning, and of course by socialised
- 1:53:39Speaker 1: medicine is what keeps down doctor's pay. But yeah, Europe
- 1:53:46Speaker 1: is in trouble. It has to find a way to
- 1:53:52Speaker 1: let go into to shrug off all these all these
- 1:53:56Speaker 1: kind of innovation entrepreneurship killing regulations, and all these regulations
- 1:54:02Speaker 1: that dramatically increase the cost of energy that reduce the
- 1:54:05Speaker 1: incentive to have a condition. Andrew I also think there's
- 1:54:12Speaker 1: a kind of a sense in which Europeans have that
- 1:54:15Speaker 1: they're suffering for the cause.
- 1:54:16Speaker 4: This is a good sacrifice.
- 1:54:18Speaker 1: This is the secular altruism speaking by not having a condition.
- 1:54:24Speaker 1: Andrew Ran diagnosed most people is having a fear of independence.
- 1:54:29Speaker 1: I think that's right. Whatever one feels about being independent,
- 1:54:32Speaker 1: one's metaphysical independence is a biological fact. Why would one
- 1:54:36Speaker 1: form a fear to acknowledge that fact of nature, because
- 1:54:42Speaker 1: that fact bears with it a significant responsibility that it's
- 1:54:46Speaker 1: up to you. You have to face reality, you have
- 1:54:51Speaker 1: to think for yourself, you have to deal with all
- 1:54:54Speaker 1: the problems. There's nobody else, there's just you and people
- 1:55:00Speaker 1: afraid of that. People are afraid of confronting that, people
- 1:55:03Speaker 1: are afraid of dealing with that, and people don't know what
- 1:55:06Speaker 1: to do with it. So the fact that we're metaphysically
- 1:55:13Speaker 1: independent requires action, requires thinking, requires reason, requires rationality. But
- 1:55:18Speaker 1: that requires effort and responsibility and confidence and self esteem.
- 1:55:24Speaker 4: And people don't have those.
- 1:55:25Speaker 1: And.
- 1:55:27Speaker 4: They know they don't have it, and they fear their
- 1:55:31Speaker 4: inability to deal with it.
- 1:55:32Speaker 1: And they again, they haven't been trained, they haven't been educated,
- 1:55:35Speaker 1: they haven't been shown the way our educational system should,
- 1:55:39Speaker 1: in many respects give people the confidence that they can
- 1:55:43Speaker 1: deal with it independently, that they have an independent mind
- 1:55:46Speaker 1: that is capable of dealing with the world, and therefore
- 1:55:49Speaker 1: they're metaphysical independence is something to be celibated, not to
- 1:55:53Speaker 1: be feared. But our educational system evades all that and
- 1:56:01Speaker 1: therefore abrogates this responsibility to all these people. Adam asks
- 1:56:08Speaker 1: are drones making armored fighting vehicles obsolete.
- 1:56:12Speaker 4: I mean they are for now, but I'm not sure
- 1:56:19Speaker 4: that a hold that is.
- 1:56:22Speaker 1: I wouldn't be surprised if Israel and the United States
- 1:56:25Speaker 1: and other countries are working on all kinds of technologies
- 1:56:29Speaker 1: that will cripple drones, incapacitate them, and allow for ground
- 1:56:39Speaker 1: vehicles to move about. They might have different ways to
- 1:56:45Speaker 1: mask their presence from the drone. So, I mean, it's
- 1:56:49Speaker 1: a technological battle, but it's not clear to me the
- 1:56:53Speaker 1: drones have won. That is their winning right now, but
- 1:56:55Speaker 1: it's not clear to me that they will win in
- 1:56:57Speaker 1: the end. At the end of the day, wars about
- 1:57:01Speaker 1: occupying territory, you can't win it from the air alone.
- 1:57:05Speaker 1: I mean, we will have in our future drone tanks.
- 1:57:09Speaker 1: There's no reason why tanks cannot be drones. There's no
- 1:57:12Speaker 1: reason why tank needs to have human beings inside of it.
- 1:57:16Speaker 1: And it can be remote control operated. It can have
- 1:57:20Speaker 1: all the benefits. And imagine you can have a white
- 1:57:23Speaker 1: mind sweeper moving ahead of a drone tank and you
- 1:57:26Speaker 1: won't mind sending a tank into enemy lines because you know,
- 1:57:32Speaker 1: if it gets hit, if it gets destroyed, at least
- 1:57:34Speaker 1: people won't die.
- 1:57:36Speaker 4: But yeah, I mean we are heading towards a world.
- 1:57:43Speaker 1: Of robots fighting our wars for us. Whether's robots are
- 1:57:52Speaker 1: going to be in the air or on the ground
- 1:57:56Speaker 1: both and air dominance will count for a lot. Uh,
- 1:58:00Speaker 1: but we'll be equipping soldiers and robots on the ground
- 1:58:05Speaker 1: with anti drome technologies shoot them down to obstruct them.
- 1:58:09Speaker 1: So yeah, Ian mentions that they you know, when anti
- 1:58:14Speaker 1: tank missiles were first introduced in the nineteen seventies, really
- 1:58:22Speaker 1: and there was there was a real sense that, yeah,
- 1:58:26Speaker 1: that was the end of tanks, armored personnel carriers because
- 1:58:29Speaker 1: these these missiles could be carried on the shoulder of
- 1:58:33Speaker 1: a soldier, shoulder of a soldier and could take out
- 1:58:38Speaker 1: a tank or armored vehicle from distance.
- 1:58:41Speaker 4: And yet there were technological solutions for that. There will
- 1:58:45Speaker 4: be technological solutions for drones.
- 1:58:47Speaker 1: But it's an ongoing battle, an ongoing technological battle.
- 1:58:53Speaker 4: Dave just came in with a fifty dollars super chat.
- 1:58:56Speaker 1: Thank you, Dave really appreciated.
- 1:58:59Speaker 4: And that's after.
- 1:59:00Speaker 1: Dave did all those ten dollars ones to get us,
- 1:59:06Speaker 1: to get us to the goal. Would you agree that
- 1:59:10Speaker 1: to learn, an individual has to revise a previously held
- 1:59:14Speaker 1: belief except being wrong is a path to learning and
- 1:59:20Speaker 1: accept being ignorant about some topic information honesty learn from
- 1:59:26Speaker 1: a position of ignorance.
- 1:59:27Speaker 4: Okay, so what you're saying is one way or the other.
- 1:59:31Speaker 1: What's quiet and not to learn is honesty either the
- 1:59:36Speaker 1: acknowledgement that one was wrong and now there's new information
- 1:59:40Speaker 1: and you have to revise your views all the acknowledgement
- 1:59:43Speaker 1: that was ignorant, That is, I didn't know this before.
- 1:59:48Speaker 1: I mean, I think that's true, But it's also true
- 1:59:51Speaker 1: that I don't know if you'd call it ignorance. For example,
- 1:59:56Speaker 1: when a child learns one plus one equals to he's
- 2:00:02Speaker 1: not acknowledging his ignorance. It's not like he thinks, oh,
- 2:00:07Speaker 1: I didn't know that, Now I know it. You know,
- 2:00:09Speaker 1: I can only know it if I acknowledged that I
- 2:00:12Speaker 1: didn't know it before. So I certainly think honesty is key.
- 2:00:21Speaker 1: But if it's new material, if it's new information, then
- 2:00:28Speaker 1: I don't think. I'm not sure that you have to
- 2:00:30Speaker 1: acknowledge your ignorance. I mean, it's an interesting question. I
- 2:00:33Speaker 1: have to think it through. So if some present here
- 2:00:36Speaker 1: is something I completely new I never knew about, I
- 2:00:39Speaker 1: don't think it requires any big act of honesty to say, yeah,
- 2:00:44Speaker 1: I didn't know it, now I know it, or now
- 2:00:46Speaker 1: I've got information that suggested that leads me towards knowledge.
- 2:00:53Speaker 1: But look, there's no question that honesty is key to learning,
- 2:00:57Speaker 1: because you've got to be constantly open to good ideas
- 2:01:03Speaker 1: and better ideas and new ideas, otherwise you stop learning. Yeah,
- 2:01:13Speaker 1: so honesty is crucial, but not to everything, but it
- 2:01:19Speaker 1: is certainly crucial to revising one's knowledge.
- 2:01:25Speaker 3: All right, let's see, I still got a lot of questions.
- 2:01:29Speaker 3: That doodo, bunny. It's what's the time here? Eleven o'clock
- 2:01:34Speaker 3: in Fierence in Florence.
- 2:01:38Speaker 1: I'm sympathizing with all the Europeans who have to stay
- 2:01:41Speaker 1: up late to listen to Iran book show Life. I
- 2:01:43Speaker 1: have to deliver the Iran book show Life late at night,
- 2:01:48Speaker 1: all right, that dudo, bunny. The problem I have worth
- 2:01:51Speaker 1: waiting until seventy to collect sel security is if I
- 2:01:54Speaker 1: died before then, I can't leave it to anyone. It's
- 2:01:58Speaker 1: an evil system. Forty years of peace into a Ponzi
- 2:02:01Speaker 1: scheme for nothing. Yeah, it's an evil system, that's right.
- 2:02:04Speaker 1: I'm not worried about dying. If I die, I die.
- 2:02:06Speaker 1: I mean no, I don't worry about dying, and I
- 2:02:12Speaker 1: don't expected that before the age of seventy. So I
- 2:02:14Speaker 1: have no problem waiting until the age of seventy to collect.
- 2:02:18Speaker 1: And if I need the money, I'll collect before, like
- 2:02:22Speaker 1: super chats dry up completely, I'll have to collect my
- 2:02:26Speaker 1: social Security before. James, the optimist in me thinks we
- 2:02:37Speaker 1: survived Trump's first term will survive the second. He's a
- 2:02:40Speaker 1: celebrity culture personality. The fifteen minutes are almost up and
- 2:02:44Speaker 1: things will go back to normal. I don't think that's
- 2:02:46Speaker 1: gonna happen. I don't think that's gonna happen. I think,
- 2:02:49Speaker 1: as I warned you, his second term is very different.
- 2:02:53Speaker 1: It's very different. It's much more focused, it's much more
- 2:02:57Speaker 1: geared towards authoritarianism. It's on steroids. It's a first term
- 2:03:03Speaker 1: on many, many steroids. And this time he has a
- 2:03:06Speaker 1: VP who is who is authoritarian. It's not Mike Pence,
- 2:03:12Speaker 1: who was religious and I opposed him and didn't like him,
- 2:03:16Speaker 1: but it was basically a traditional conservative.
- 2:03:19Speaker 4: Now he has a Christian conservative.
- 2:03:21Speaker 1: He has a nationalist conservative conservative nationalists, however you want
- 2:03:25Speaker 1: to call.
- 2:03:25Speaker 11: Them, and so yeah, I think this is much worse,
- 2:03:33Speaker 11: and I don't think it is going back from a
- 2:03:35Speaker 11: lot of what Trump is doing.
- 2:03:37Speaker 1: Even if the Democrats win, they'll take advantage of all
- 2:03:39Speaker 1: the things, all the precedence he's created. There's no going
- 2:03:43Speaker 1: back to normal. There is no normal. The Republican Party
- 2:03:45Speaker 1: will never be the Republican Party of Ronald Reagan. It
- 2:03:49Speaker 1: will never be that. Maybe there'll be a third party
- 2:03:51Speaker 1: one day that will capture that spirit, but that's gone.
- 2:03:56Speaker 1: That is, it's just it's not there. The people who
- 2:04:00Speaker 1: are normal in the Republican Party on principled don't care
- 2:04:06Speaker 1: about anything. They're are passionate that our fighters, the people
- 2:04:09Speaker 1: who fight as a manga, the Christian Conservatives, the National Conservatives,
- 2:04:13Speaker 1: they're the fighters. They're the intellectuals now, they're the ones
- 2:04:16Speaker 1: that will set their gender. We are very much on
- 2:04:21Speaker 1: the road to athraitarianism in this country. And I don't
- 2:04:24Speaker 1: think there's going back to normal unless something dramatic happens,
- 2:04:28Speaker 1: unless there's a real rise of an intellectual alternative to
- 2:04:33Speaker 1: what's going on right now. No Trump two point zero,
- 2:04:39Speaker 1: there's no going back. There's no going back. This is
- 2:04:42Speaker 1: a new standard, a new world, and it's we're moving
- 2:04:48Speaker 1: towards authoritarianism left right.
- 2:04:51Speaker 4: I don't know what it's.
- 2:04:51Speaker 1: Going to look like in the end.
- 2:04:53Speaker 4: I think I have a clue what it's going to
- 2:04:54Speaker 4: look like in the.
- 2:04:55Speaker 1: End, but I don't know for certainly. But it's going
- 2:04:57Speaker 1: to be athiritarianism, and it's we're not gonna have a
- 2:05:01Speaker 1: bout of freedom suddenly out of this. There's just nothing,
- 2:05:06Speaker 1: nothing in the culture, nothing in the world, nothing in
- 2:05:09Speaker 1: the Republican Party, nothing in the Democratic Party that suggests that.
- 2:05:13Speaker 1: And again Trump is by orders of magnitude worse than
- 2:05:20Speaker 1: the second time than what he was on the first time.
- 2:05:22Speaker 1: And I told you he wouldn't be given the people
- 2:05:25Speaker 1: he surrounded himself, and he learns. He learned from the
- 2:05:29Speaker 1: first time. He learned what not to do and what
- 2:05:31Speaker 1: kind of people to surround himself with. Liam Is it
- 2:05:37Speaker 1: really fair to say that the smart people are in
- 2:05:40Speaker 1: blue cities? Is it because of common democratic policies or
- 2:05:43Speaker 1: relics of pastimes? Well, the reality is that I don't know.
- 2:05:55Speaker 4: I think this is true.
- 2:05:56Speaker 1: The most engineers, most people in finance, most people in
- 2:06:02Speaker 1: profession most professionals are Democrats.
- 2:06:06Speaker 4: Now why is that?
- 2:06:09Speaker 1: I mean, I think it's because Republicans have failed. Those
- 2:06:15Speaker 1: have alienated those people by the Republicans being so stupid religious,
- 2:06:21Speaker 1: anti evolution, anti science, post COVID that if you're smart
- 2:06:31Speaker 1: and if you know something about the world, then you
- 2:06:35Speaker 1: can't support the Republicans. And many of them are electing Democrats. Now,
- 2:06:40Speaker 1: some are committed Democrats. They're the ones who got who
- 2:06:42Speaker 1: bought into the whole guilt thing and the whole leftist
- 2:06:45Speaker 1: agenda of guilt and intersectionality at some level or another.
- 2:06:51Speaker 1: But I don't think that's the dominant number of them.
- 2:06:55Speaker 1: I think most of them are just alienated by the
- 2:06:57Speaker 1: Republican party. They can conceive a voting Republican and it's
- 2:07:02Speaker 1: only getting worse because you know, smart people. Person is
- 2:07:07Speaker 1: somebody who has to deal with abstract concepts and can
- 2:07:10Speaker 1: deal with them. Well, that's a smart pill. So you
- 2:07:13Speaker 1: have to be smart to be a doctor, if they're
- 2:07:15Speaker 1: smart to be an engineer, if they're smart to be
- 2:07:17Speaker 1: a scientist, I mean a decent one. Right, you have
- 2:07:21Speaker 1: to be smart to do finance. It's an issue of
- 2:07:25Speaker 1: a level of abstraction. You don't have to be particularly
- 2:07:28Speaker 1: smart to be a plumber. You can be I'm not
- 2:07:31Speaker 1: saying plumbers are not smart. Some plumbers are smart. But
- 2:07:34Speaker 1: you don't have to be smart to be a plumber.
- 2:07:35Speaker 1: You can be averaged below average and still be a
- 2:07:38Speaker 1: plumber or cor mechanic or a.
- 2:07:41Speaker 4: Lot of other things.
- 2:07:43Speaker 1: But to be a brain surgeon, you better be. You're
- 2:07:46Speaker 1: gonna be smart. To be a hedge fund to we'll
- 2:07:50Speaker 1: get a edge fund, you're going to be smart, super
- 2:07:52Speaker 1: smart usual. So that's what I consider a smart person,
- 2:07:56Speaker 1: somebody who deals with abstract knowledge in his professional dealings. Yes,
- 2:08:07Speaker 1: I think it's a repulsion from the Republicans more than
- 2:08:10Speaker 1: attraction to Democrats, although many of them are being corrupted
- 2:08:14Speaker 1: by guilt, by altruism, by they take their ideas seriously.
- 2:08:21Speaker 1: And but again, if you associate the Republican Party with religion,
- 2:08:24Speaker 1: this is the big tragedy of the of the of
- 2:08:28Speaker 1: the Reagan presidency, is that he brought religion firmly into
- 2:08:33Speaker 1: the Republican Party. Please do a show on Patrick Bindevine's
- 2:08:45Speaker 1: Jubilee debate with twenty anti capitalist kooks. Also, can't Trump
- 2:08:48Speaker 1: really force buildings to be done in Greek Roman style?
- 2:08:52Speaker 1: He can force government buildings to be done in Regroment style. Yes,
- 2:08:55Speaker 1: and he is.
- 2:08:56Speaker 4: He tried to do that at first.
- 2:08:58Speaker 1: He started doing that in the first term, and he's
- 2:09:01Speaker 1: doubling up on it this time. Well, we have dumb
- 2:09:08Speaker 1: people with degrees, but you have to look at the
- 2:09:10Speaker 1: kind of degree they have. You don't have a lot
- 2:09:12Speaker 1: of dumb doctors. You don't have a lot of dumb
- 2:09:15Speaker 1: finance people. You don't have a lot of dumb masters
- 2:09:19Speaker 1: in finance. I bet you you don't have any dumb
- 2:09:22Speaker 1: people with a master degree in finance. You don't have
- 2:09:25Speaker 1: a lot of dumb engineers. You don't have a lot
- 2:09:27Speaker 1: of dumb scientists. You just don't have it. You can
- 2:09:30Speaker 1: have dumb English majors, you have dumb you know, I
- 2:09:34Speaker 1: don't know ethnic studies majors. This is why I didn't
- 2:09:39Speaker 1: mention degrees I mentioned in particular fields that require abstract thinking. Yeah,
- 2:09:50Speaker 1: I mean, Patrick Grindavi cannot defend capitalism. He's not a capitalist.
- 2:09:53Speaker 1: He don't believe in capitalism. He thinks he believes in capitalism.
- 2:09:56Speaker 1: What he believes in is kind of a mixed economy.
- 2:09:59Speaker 1: Neither here nor they're dogmatic bs. He has no idea
- 2:10:03Speaker 1: what capitalism is right in my view, So you know, yes,
- 2:10:12Speaker 1: I'm not surprised he didn't do a good job against
- 2:10:15Speaker 1: the communists, and he doesn't really have the knowledge to
- 2:10:20Speaker 1: deal with them because he doesn't know where they're coming from.
- 2:10:23Speaker 1: He doesn't understand them. It's not what he's studied, it's
- 2:10:26Speaker 1: not what he knows. He's a sales guy. He's a
- 2:10:28Speaker 1: sales guy. He's not a capitalist. I mean, he's not
- 2:10:31Speaker 1: a defender, an intellectual defendi of capitalism. He's not intellectual.
- 2:10:35Speaker 1: He's a sales guy. He's good at sales. That DUDEO
- 2:10:40Speaker 1: bunny does. Should in Peterson know while he is paying
- 2:10:43Speaker 1: you tons of money to do these lectures, you are
- 2:10:45Speaker 1: simultaneously making shows critical of him. I don't know. I
- 2:10:49Speaker 1: wouldn't be surprised if he knows. I mean, he's got
- 2:10:51Speaker 1: a lot of people working for him, and he's not
- 2:10:55Speaker 1: paying me to be his accolades. He's not paying me
- 2:10:59Speaker 1: to to, you know, to agree with him. He's paying
- 2:11:05Speaker 1: me to give courses on things that I'm an expert
- 2:11:07Speaker 1: on that he thinks I'm have an expertise and he
- 2:11:11Speaker 1: might not agree with a lot of what I say
- 2:11:12Speaker 1: during those courses. I know he doesn't. I mean, my
- 2:11:15Speaker 1: capitalism courses comes out against religion, so does in some
- 2:11:20Speaker 1: ways my finance course suddenly against altruism. So in the
- 2:11:24Speaker 1: morality of finance is a very different case than what
- 2:11:28Speaker 1: he would mean. My whole conception of morality is different
- 2:11:32Speaker 1: than his. So I'm not teaching courses for the Peterson
- 2:11:36Speaker 1: Academy that are consistent with Jordan Peterson's philosophy. And he
- 2:11:39Speaker 1: knows it. It's not what he hired me for. And
- 2:11:43Speaker 1: he claims he wants a plurality of voices, he doesn't
- 2:11:46Speaker 1: want just one voice. So I don't think he'd be
- 2:11:50Speaker 1: surprised by me being critical of him. Michael, Donald Trump
- 2:11:58Speaker 1: represents a terrible fascism and socialism with enough strength to
- 2:12:02Speaker 1: unite both camps against the few of us who care
- 2:12:05Speaker 1: about American principles. He can't unite people.
- 2:12:08Speaker 4: He's a divide. He's a divide.
- 2:12:10Speaker 1: He's not a uniter. And that's the one thing going
- 2:12:12Speaker 1: for us is that he can't unite people. Somebody maybe
- 2:12:18Speaker 1: could at some point, but not Donald Trump. Not Donald Trump.
- 2:12:24Speaker 1: But he is. I agree that he combines. But if
- 2:12:27Speaker 1: god fascism is in a sense a form of socialism,
- 2:12:31Speaker 1: fascism socialism already united you don't need Trump to unite
- 2:12:35Speaker 1: them anytime. You could debate Sam Cedar again. And when
- 2:12:41Speaker 1: are you having Jason Ryan's back. I'll have Jason on
- 2:12:43Speaker 1: in the fall, in the early winter. He'll definitely be
- 2:12:47Speaker 1: on once I get back home. At some point, debate
- 2:12:51Speaker 1: Sam Cedar again, I mean again, I will try when
- 2:12:56Speaker 1: I get back, I'll try to arrange some debates and
- 2:12:59Speaker 1: getting on people's at some point here, Michael, both MAGA
- 2:13:06Speaker 1: and the left pushing the VIA message, learn that you're
- 2:13:09Speaker 1: a victim and deserve to be angry all the time.
- 2:13:12Speaker 1: Is a victim mentality a sign of immaturity. I don't
- 2:13:17Speaker 1: know if it's a sign of immaturity, but it's certainly,
- 2:13:20Speaker 1: you know they victim mentality is everywhere in our culture.
- 2:13:25Speaker 1: That is, it's both left and right. It's it's dominant.
- 2:13:29Speaker 1: It's a sign of lack of self esteem. It's a
- 2:13:31Speaker 1: sign of looking for somebody else to blame for things
- 2:13:35Speaker 1: that you're responsible for, not taking responsibility for yourself, all
- 2:13:40Speaker 1: of that. It's a sign of lack of self esteem,
- 2:13:42Speaker 1: a lack of personal responsibility. Crypto fanatic. If the state
- 2:13:49Speaker 1: and economy are separated, do you think that would entail
- 2:13:52Speaker 1: the abolition of bankruptcy laws, and what would the consequence
- 2:13:56Speaker 1: of abolishing those laws. No, I don't think it would
- 2:14:00Speaker 1: intel abolishing bankruptcy laws. You still have to have a procedure,
- 2:14:04Speaker 1: a process that governs the disposition of assets on the
- 2:14:10Speaker 1: bankruptcy and that is not all contractual. It cannot be
- 2:14:16Speaker 1: all contracted in advance. There has to be a system
- 2:14:20Speaker 1: of law to government what happens when you know. Yeah, So,
- 2:14:27Speaker 1: whether the bankruptcy law will look like it does today,
- 2:14:30Speaker 1: I don't know, although I think the US bankrupcy.
- 2:14:33Speaker 4: Law is pretty good.
- 2:14:35Speaker 1: But you need some mechanism by which you bing together
- 2:14:40Speaker 1: all the different claimholders, You figure out who has more
- 2:14:44Speaker 1: seniority than others, You figure out what assets and what
- 2:14:49Speaker 1: liabilities actually exist, and you settle all that.
- 2:14:53Speaker 4: And that is what bankruptcy law is.
- 2:14:55Speaker 1: You need a process in front of a neutral party,
- 2:14:58Speaker 1: a judge, you call it, to deal with all that.
- 2:15:01Speaker 1: And I think that's what bankruptcy love is. So yes,
- 2:15:03Speaker 1: I think there would be still bankruptcy law. Again, it
- 2:15:07Speaker 1: might be different than what it is today, but there
- 2:15:09Speaker 1: would be something. Roland says, since the minimum wage is
- 2:15:13Speaker 1: working out so well, you might want to consider introducing
- 2:15:16Speaker 1: a minimum super chat. Anyone that can't afford twenty dollars
- 2:15:20Speaker 1: a more doesn't get to pay you anything. Wonderful idea.
- 2:15:22Speaker 1: Huh No, I don't like it. It would juice income.
- 2:15:29Speaker 1: It's bad, no good, not good, not good, and it
- 2:15:33Speaker 1: would reduce your participation.
- 2:15:35Speaker 4: It would be bad for everybody. Lose, lose, No, we're
- 2:15:37Speaker 4: against lose lose.
- 2:15:40Speaker 1: Ian question for super cask or maybe sup CASKI anyway,
- 2:15:48Speaker 1: do you consider Japan koreas I wanted to be Western
- 2:15:51Speaker 1: or maybe semi Western? I consider them to be Western
- 2:15:56Speaker 1: parts of Western civilization. If you think about the political systems,
- 2:16:03Speaker 1: if you think about their economy, if you think about
- 2:16:07Speaker 1: the way they address they have, you know, the kind
- 2:16:12Speaker 1: of attitude towards work, office hours, even architecture.
- 2:16:19Speaker 4: Maybe not all oughts, maybe not.
- 2:16:21Speaker 1: Everything they do, but yeah, I definitely think that I
- 2:16:25Speaker 1: consider Japan and South Korea and Taiwan part of Western
- 2:16:28Speaker 1: civilization today. They've adopted Western values to such a degree
- 2:16:32Speaker 1: that they're part of the Western civilization. Again, I think
- 2:16:36Speaker 1: Western serviliation is primarily individualism, which I think in those
- 2:16:40Speaker 1: countries having spade relative to what they were in the past.
- 2:16:47Speaker 1: Reason respect for reason, which I think again, all these
- 2:16:50Speaker 1: countries have respect for science and thinking, and engineering and
- 2:16:57Speaker 1: entrepreneurship and finally political liberty. And I think they have
- 2:17:02Speaker 1: all three of those. And then if you look even
- 2:17:04Speaker 1: beyond that too, again they close. They wear the kind
- 2:17:08Speaker 1: of family structure, they have a lot of their attitudes
- 2:17:13Speaker 1: towards life, and again, the buildings they build their very western,
- 2:17:19Speaker 1: in some ways more western than many Western countries. Chout
- 2:17:26Speaker 1: about says and what will YouTube do if you meet
- 2:17:28Speaker 1: the goal? Nothing other to say, odds, we great by
- 2:17:33Speaker 1: providing you another tool that incentivizes your people to Yeah.
- 2:17:38Speaker 1: I mean, that's basically it. I have a meeting one
- 2:17:42Speaker 1: seventy two weeks with a somebody on YouTube to tell
- 2:17:47Speaker 1: me about the latest features and to encourage me to
- 2:17:51Speaker 1: find new ways to increase revenue equal to reality. Thank
- 2:17:58Speaker 1: you for covering this, even when UK objectivist channels are
- 2:18:02Speaker 1: ignoring it completely in favor of Israel. I wonder who
- 2:18:06Speaker 1: those people are. I don't know who those people are.
- 2:18:12Speaker 1: Oh hear all the Deans with the smiley face. Thank you,
- 2:18:15Speaker 1: Dave Dean, thank you, thank you, thank you. Five of them,
- 2:18:19Speaker 1: five of them. That's a lot of contributions today. I
- 2:18:23Speaker 1: appreciate it. Okay, Paul, glad you mentioned the Facebook discussion
- 2:18:28Speaker 1: about Trump supporters.
- 2:18:30Speaker 4: I've been arguing against them. Yeah, I noticed.
- 2:18:34Speaker 1: It's futile, can I say that? But it's good because
- 2:18:37Speaker 1: at least it represents that somebody, you who's looking through this,
- 2:18:41Speaker 1: that not everybody has become a you know, a Trump accolade.
- 2:18:49Speaker 1: That is not objectivism necessarily. So you're representing the voice
- 2:18:54Speaker 1: of reason on these chats, and I think that it's
- 2:18:58Speaker 1: less to convince anybody the chat and more to convince
- 2:19:02Speaker 1: the innocent read of the chat. Somebody YouTube objectives tube stuff.
- 2:19:09Speaker 1: Here is AC support cash, thank you, thank you, thank you,
- 2:19:12Speaker 1: wishing you a nice cool time, and next place allows
- 2:19:16Speaker 1: a AC set to seventy degrees twenty degrees centigrades. Have
- 2:19:20Speaker 1: you read Constantine's Sword by James Caroll? I have I have.
- 2:19:25Speaker 3: I assume you want to know what I think of it.
- 2:19:27Speaker 3: I mean, I really enjoyed it. I learned a lot
- 2:19:30Speaker 3: from it, a lot. I thought it was really really interesting.
- 2:19:35Speaker 1: It's it's a difficult book to read, partially because it's
- 2:19:47Speaker 1: interwines his personal story with the historical story, and his
- 2:19:54Speaker 1: personal story is I don't know, it's weird. I mean,
- 2:19:57Speaker 1: he's obviously got it. He's got a I think for
- 2:20:00Speaker 1: his mother. He's got a bit of an Oedipus complex.
- 2:20:03Speaker 1: He's he's struggling with his Catholicism, he's struggling with the history.
- 2:20:11Speaker 1: It's just a weird mixture of history. I wish it
- 2:20:13Speaker 1: was just a history. I enjoyed more. But still there
- 2:20:18Speaker 1: was so much new there, so much interesting there, that
- 2:20:21Speaker 1: it was worth struggling through the more personal bits that
- 2:20:24Speaker 1: were less interesting. Albert Camu's absurdism thoughts.
- 2:20:32Speaker 4: Yeah, I'm not a fan of Albert.
- 2:20:33Speaker 1: Camu's too pessimistic, too negative of humanity, to anti reason.
- 2:20:41Speaker 4: It's this whole existentialism.
- 2:20:42Speaker 1: I'm not sure exactly about absurdism what that means refers to,
- 2:20:46Speaker 1: but I'm not a big fan of Camu because of
- 2:20:49Speaker 1: all that. Again, he's primarily driven by well, thinks we
- 2:20:58Speaker 1: are should be driven by emotion rather than reason. I
- 2:21:02Speaker 1: think that's true, Philip. Earlier, you said that Germany will
- 2:21:07Speaker 1: probably be the first to turn against its Muslim population.
- 2:21:10Speaker 1: What makes you think that? What is it about German
- 2:21:13Speaker 1: culture that makes them so prone to tribalism?
- 2:21:19Speaker 4: Yeah, I don't know.
- 2:21:21Speaker 1: I think it's I think it's their contient. They've taken
- 2:21:25Speaker 1: contost seriously than the rest of the world. They're more
- 2:21:29Speaker 1: in it towards duty. They definitely have a history now
- 2:21:33Speaker 1: of tribalism going back a long time. They've got a
- 2:21:37Speaker 1: mythology of tribalism around what it means to be German. Yeah,
- 2:21:43Speaker 1: I don't know enough about German culture to get other
- 2:21:46Speaker 1: than what Lennapeacock has written in nominous parallels to give
- 2:21:51Speaker 1: you a detailed analysis. But it strikes me that given
- 2:21:53Speaker 1: the history, that probably the place where it starts. But
- 2:21:56Speaker 1: it's not necessarily. It could be the UK, it could
- 2:21:59Speaker 1: be Fans, it could be somewhere else. I just think
- 2:22:04Speaker 1: it's the it's the Kantian Hegelian influence in Germany is
- 2:22:10Speaker 1: stronger than anywhere else. They're the origin of all this
- 2:22:13Speaker 1: bad philosophy and they take it more seriously than other
- 2:22:16Speaker 1: people do.
- 2:22:21Speaker 4: Not that you have a goal going at the moment.
- 2:22:25Speaker 1: Making twenty seven dollars twenty two dollars, Thank you, Thank you, Greg,
- 2:22:31Speaker 1: I appreciate it.
- 2:22:33Speaker 4: Hecta ken An objectives to appreciate the beauty and the most.
- 2:22:37Speaker 1: Power of gospel music while separating it from a religious message. Yeah,
- 2:22:41Speaker 1: I absolutely think that that's true. I mean, I think
- 2:22:45Speaker 1: you can. I have an appreciation for masses, for Christian mass,
- 2:22:52Speaker 1: you know the ones written by great composers. You know,
- 2:22:56Speaker 1: a Mass by Beethoven, a mass like Mozart. I requreems
- 2:23:02Speaker 1: are some of my favorite works of music. Vodie's Requiem,
- 2:23:06Speaker 1: motav Recreem, billios As Requiems, three of the most magnificent
- 2:23:11Speaker 1: pieces of music ever written. You have a huge appreciation.
- 2:23:14Speaker 1: I think that's also true of gospel music. I think
- 2:23:16Speaker 1: there's beauty's amazing harmony. There's a certain reverence that it
- 2:23:22Speaker 1: expresses that I think can be absolutely secularized.
- 2:23:27Speaker 4: So yes, absolutely, the art.
- 2:23:32Speaker 1: Transcends music, and particularly transcends the particularly words that they're saying,
- 2:23:39Speaker 1: and often transcends the intent of the composer. Kim says,
- 2:23:47Speaker 1: really great restaurants, but they support Palestine.
- 2:23:50Speaker 4: Is it wrong to still ortify on them? I think so.
- 2:23:54Speaker 1: I mean, if they were Communists, it would be wrong
- 2:23:57Speaker 1: to support the restaurant because you know the money is
- 2:23:59Speaker 1: going to promote a cause that is destructive to your
- 2:24:03Speaker 1: life and therefore harmful to you. So it's non egoistic
- 2:24:07Speaker 1: to support them, even though they're a good restaurant.
- 2:24:17Speaker 4: What was your army strategy with anti tank weapons?
- 2:24:23Speaker 1: I mean this is the early nineteen eighties, and the
- 2:24:27Speaker 1: strategy was basically to invent and then utilize the double
- 2:24:30Speaker 1: plated armor, which both protected you against anti tank missiles
- 2:24:36Speaker 1: and missiles from other tanks.
- 2:24:41Speaker 4: So it's a double coding of armor.
- 2:24:43Speaker 1: And when the weapon hits the armor, it sets off
- 2:24:48Speaker 1: an explosive that's inside the armor, and therefore the explosive
- 2:24:52Speaker 1: kind of explodes against the missile coming in.
- 2:24:58Speaker 4: And reduces the energy.
- 2:25:02Speaker 1: Required to penetrate the tank itself.
- 2:25:05Speaker 12: So there's a layer of explosive armor on the tank
- 2:25:09Speaker 12: that implodes when hit by a projectile and creates a
- 2:25:14Speaker 12: counter force to that protects the inner layer of that
- 2:25:22Speaker 12: protects penetration.
- 2:25:24Speaker 1: That was what we used, and particularly the modern tanks
- 2:25:28Speaker 1: in those days, we're using it. Uh. Blaze guitar lessons.
- 2:25:34Speaker 1: I'm going to Spain in a for a week in
- 2:25:36Speaker 1: two weeks. Any recommendations. Also, what do you think will
- 2:25:39Speaker 1: happen to us economically as a versus peers in the future.
- 2:25:46Speaker 4: I mean, Spain is a big country. You have to
- 2:25:48Speaker 4: tell me where you're going.
- 2:25:49Speaker 1: Uh, it's it's almost impossible to to give you a
- 2:25:53Speaker 1: recommendation about Spain across Spain, Madrid, Barcelona, Seville, Seville, where
- 2:25:58Speaker 1: you're going, sons of a Diana. As for the US
- 2:26:02Speaker 1: economically versus peers, I don't know. I mean it's going
- 2:26:06Speaker 1: to do badly. It's going to stagnate. But I think
- 2:26:09Speaker 1: so is Europe. So I don't know who the peers are.
- 2:26:13Speaker 1: Russia is a mass, China is gonna It's economy is
- 2:26:18Speaker 1: going to start. I think global economy broadly as the
- 2:26:21Speaker 1: global economy, as the global As the globe moves towards
- 2:26:24Speaker 1: more authoritarianism, we'll see a reduction in economic growth and
- 2:26:28Speaker 1: economic prosperity. You're going to the south, I mean civil
- 2:26:36Speaker 1: is beautiful, definitely, you know, walk around. Seville has good restaurants,
- 2:26:44Speaker 1: It is an interesting history, fascinating interesting. I would go
- 2:26:48Speaker 1: to try to go to Alohambra. Alahamba is magnificent. It's
- 2:26:51Speaker 1: our Moorish castle. Uh. Cordoba is beautiful, old city of Quodoba.
- 2:26:58Speaker 1: I mean the south is I mean, what do you
- 2:27:02Speaker 1: call it? Uh so definitely Seville definitely, Uh what do
- 2:27:09Speaker 1: you call it?
- 2:27:10Speaker 4: Alohambra, Quartoba.
- 2:27:13Speaker 1: I think if we just do that, you'll have done
- 2:27:16Speaker 1: a lot. Spend a few days in Sevilla, a few
- 2:27:18Speaker 1: days in Quartoba, you know, spend a day going to
- 2:27:21Speaker 1: the Alahambra. But yeah, I mean there's a lot to see.
- 2:27:26Speaker 1: The Moorish history is fascinating. Basically that that is the
- 2:27:31Speaker 1: area when when the Christians conquered it, they discovered these
- 2:27:36Speaker 1: massive libraries, including all the lost works of Aristotle, that
- 2:27:41Speaker 1: basically made the European Renaissance possible. So Andalusia is the
- 2:27:48Speaker 1: birthplace of Western civilization in a sense that it was
- 2:27:52Speaker 1: those books translated that what Thomas Aquinas and even before him,
- 2:28:00Speaker 1: what's his name god anyway, all University of Paris, everybody,
- 2:28:06Speaker 1: that's where they got their stuff. That that that's where
- 2:28:09Speaker 1: the works of the Greeks were preserved. So it very
- 2:28:16Speaker 1: much saved Western civilization. So it's it's really interesting. Flamengo
- 2:28:25Speaker 1: if you like flam Ango, Yeah, I mean the south
- 2:28:27Speaker 1: Seville is a great place to go.
- 2:28:29Speaker 4: Go see Flamengo.
- 2:28:30Speaker 1: We always do it. We're there in Flamengo's really intense
- 2:28:35Speaker 1: and interesting and fun. Not of as not but not
- 2:28:39Speaker 1: of a center. Those are those are from that culture.
- 2:28:43Speaker 4: I'm talking about the University of Paris. I'm thinking of
- 2:28:46Speaker 4: ad Abald at the University of Paris.
- 2:28:49Speaker 1: They read books that will be translated from the libraries
- 2:28:54Speaker 1: of that part of Spain. So it's it's a great
- 2:28:58Speaker 1: area in the history, an important area, a cruciali area
- 2:29:02Speaker 1: and the history of Western civilization.
- 2:29:10Speaker 4: What is the latest book you're reading. I'm reading a
- 2:29:12Speaker 4: book right now. What's it called. It's about the Scottish Enlightenment.
- 2:29:17Speaker 1: How the Scots created the modern world or something like that,
- 2:29:20Speaker 1: how the cross Scots created something.
- 2:29:23Speaker 4: It's good, it's really interesting. It's not true, it's.
- 2:29:28Speaker 1: Exaggerates the world of the Scots, but it is interesting
- 2:29:31Speaker 1: and it's interesting about the Scottish Enlightenment. I've read a
- 2:29:34Speaker 1: lot about the French Enlightenment. We know about the British
- 2:29:36Speaker 1: Enlightenment with John Locke and Newton, and this is kind
- 2:29:40Speaker 1: of the Scottish Enlightenment, going all the way to Adam
- 2:29:44Speaker 1: Smith and Read and Hutchinson and a bunch of thinkers
- 2:29:48Speaker 1: that are crucial, and then the influence on America and
- 2:29:53Speaker 1: the founding of America. It turns out Scotland had Scottish
- 2:29:56Speaker 1: intellectuals had a huge impact on the founding of America,
- 2:29:59Speaker 1: which I didn't know, which is really interesting.
- 2:30:04Speaker 2: Uh.
- 2:30:05Speaker 1: Stephen asked, what do you think about really silly movies
- 2:30:07Speaker 1: like Zulander and Command Scary Movie, Don't Miss with the
- 2:30:10Speaker 1: Sohan and The Hangover. I hate them. I can't stand
- 2:30:13Speaker 1: these movies. I can't stand it. I mean, there's certain
- 2:30:16Speaker 1: silliness I don't mind, like The Max Brothers, but I
- 2:30:20Speaker 1: never liked The Three Stooges because it was too silly.
- 2:30:23Speaker 1: But I like The Max Brothers because I thought this
- 2:30:25Speaker 1: silliness was smart, if that is possible, there there was
- 2:30:29Speaker 1: cleverness to it. I find these movies just celebrating stupidity.
- 2:30:38Speaker 1: It started with dumb and dumba and it just got
- 2:30:40Speaker 1: dumber and dumber Since then, it's only gotten dumber than
- 2:30:43Speaker 1: dumber and dumba dumb and dumba whatever. Right anyway, Yeah,
- 2:30:47Speaker 1: I don't like I don't like any American comedies made
- 2:30:51Speaker 1: in the last twenty years, thirty years.
- 2:30:53Speaker 4: I don't know.
- 2:30:57Speaker 1: Stephen says, what do you say or do if you
- 2:30:59Speaker 1: screw up work? I imagine you can't really apologize. Oh me,
- 2:31:07Speaker 1: I have nobody to apologize to except you guys. So
- 2:31:09Speaker 1: if I sometimes do apologize to you or like I like,
- 2:31:12Speaker 1: do a corrective, I say, yeah, I screwed up. I
- 2:31:15Speaker 1: got sloppy, I wasn't accurate. Here's the accurate information. I
- 2:31:19Speaker 1: do that.
- 2:31:21Speaker 4: But yeah, I beat myself up.
- 2:31:23Speaker 1: Why did I do that?
- 2:31:24Speaker 4: And I go on research and I try to make
- 2:31:25Speaker 4: sure I don't do it again.
- 2:31:30Speaker 1: How did it is? What become such a wealthy country?
- 2:31:32Speaker 1: I think primarily because by liberating its economy, you know,
- 2:31:36Speaker 1: the nineteen late seventies, eighties, and nineties all the way
- 2:31:41Speaker 1: into the early two thousands is all spent. ISO did
- 2:31:44Speaker 1: a lot of liberalizing a lot of thing up, not enough,
- 2:31:48Speaker 1: but liberalizing and then unleashing the entrepreneurial spirits, allowing tech
- 2:31:55Speaker 1: innovation to take hold, and having great, great educational institutions
- 2:32:02Speaker 1: like where I got my undergraduate degree. There is really
- 2:32:05Speaker 1: institutive of technology. The technily produced some great engineers who
- 2:32:10Speaker 1: then started companies. But Israeli culture is very entrepreneur friendly,
- 2:32:16Speaker 1: it's very failure friendly, it's very debate and disagreement friendly.
- 2:32:21Speaker 1: And so Israel has a culture that if you liberate it,
- 2:32:25Speaker 1: it's going to produce.
- 2:32:26Speaker 4: A lot of wealth.
- 2:32:27Speaker 1: And what happened starting in the late seventies is a
- 2:32:30Speaker 1: slow but steady process of liberalization, of freeing up, which
- 2:32:35Speaker 1: unfortunately kind of stopped under Ntennio in the last fifteen years,
- 2:32:41Speaker 1: but had gone through at least until the mid two thousands.
- 2:32:50Speaker 1: But it's already got the cultural essence now, it just
- 2:32:56Speaker 1: needed the liberty, needed the freedom. All right, guys, two
- 2:33:01Speaker 1: and a half hours, having gone two and a half
- 2:33:03Speaker 1: hours in a while, So this is good. We're back
- 2:33:05Speaker 1: to kind of a normal, normalized schedule. I would be
- 2:33:09Speaker 1: back with you tomorrow at about the same time, in
- 2:33:11Speaker 1: the same office, same equipment, same setup. This is working great.
- 2:33:16Speaker 1: So WiFi hear is unbelievably stable. This is good, very fast.
- 2:33:21Speaker 1: Hopefully that'll stay that way. And what else. Yeah, thanks
- 2:33:28Speaker 1: to all the superchats. You guys are great. I know
- 2:33:30Speaker 1: there were a lot of people who did stickers. Oh,
- 2:33:33Speaker 1: Hector says, I'm a foodie. What is the dish that
- 2:33:36Speaker 1: represents Israel? Oh God, I don't know.
- 2:33:41Speaker 4: I mean homos.
- 2:33:43Speaker 1: Falafel dishes that represent Israel, but they represent a certain
- 2:33:49Speaker 1: style of Israel or a certain part of Israel. But yeah,
- 2:33:52Speaker 1: I think holmos falafa all right, Drewsky, thank you, Mary Eleene,
- 2:33:58Speaker 1: thank you. H oh skipped the head, and of course
- 2:34:04Speaker 1: Dave Dean we've said thank you is a dichotomy, and
- 2:34:11Speaker 1: who else.
- 2:34:14Speaker 13: The Thundy is all the stickers wes thank you as
- 2:34:18Speaker 13: almost always I'm in I said one hundred dollars that
- 2:34:22Speaker 13: that was great, and Dave of course several.
- 2:34:26Speaker 1: Times, and Frederick, Mary Eleen, John Bales, and in the
- 2:34:34Speaker 1: meantime we're getting more more questions. I don't know if
- 2:34:39Speaker 1: I caught everybody a capitalist spy. I don't know if
- 2:34:43Speaker 1: I got everybody, but hopefully they got most of you.
- 2:34:46Speaker 1: Mary Ellen again, all right, pbe asks. I haven't read
- 2:34:51Speaker 1: Folks in the Road, but you.
- 2:34:53Speaker 4: Said po legal messages.
- 2:34:54Speaker 1: Literature could be kind of productive at the strugg there's
- 2:34:57Speaker 1: many How is that different from what you critiqued. It's
- 2:35:00Speaker 1: just atlashopic is, I guess, better written, better integrated into
- 2:35:04Speaker 1: the plot, just better executed. It's not that you can't
- 2:35:09Speaker 1: do it. You can. I mean Atlas Shrugged obviously as
- 2:35:12Speaker 1: an example. The Phonehead is an example of Leobblers is
- 2:35:16Speaker 1: an example.
- 2:35:17Speaker 4: But it's it's it's just better integrated. It's hard to do.
- 2:35:24Speaker 1: It's really hard to do. It's really, really really hard
- 2:35:28Speaker 1: to do. I give.
- 2:35:33Speaker 4: Larry credit for.
- 2:35:36Speaker 1: Trying and for coming up with original stories in order
- 2:35:39Speaker 1: to do it. I think the storytelling is more important
- 2:35:43Speaker 1: than the political message. Of course, Ironman is conveying a
- 2:35:45Speaker 1: whole philosophical message, and to some extent every piece of
- 2:35:48Speaker 1: literature is.
- 2:35:50Speaker 4: The question is how explicit do you want to be?
- 2:35:51Speaker 4: And Atlas Shrug is explicitly philosophical. Not all stories, not
- 2:35:55Speaker 4: all stories.
- 2:35:57Speaker 1: Need to be explicively philosophical, much more important as the
- 2:36:00Speaker 1: flicit message in the sense of life that they portray.
- 2:36:07Speaker 1: But again I'm not an expert on literature at all,
- 2:36:13Speaker 1: so beware, buy every ware, read everywhere. All right, guys,
- 2:36:22Speaker 1: have a great night. I'm gonna go off. I have
- 2:36:24Speaker 1: to walk home and then go to sleep. I will
- 2:36:29Speaker 1: see you wal tomorrow, same time. Buye everybody,