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Russia; Gaza; Japan; GOP Racists; Tariffs; JDVance; Food Advice; San Francisco | Yaron Brook Show · Yaron Brook Show

0:02
Speaker 1: A lot of the fundamentals of lead the latter and
0:10
Speaker 1: an individual lots. This is the show. Oh right, everybody
0:21
Speaker 1: welcome there one book show on this Tuesday until the
0:25
Speaker 1: twenty first out. Everybody's having a great start to your week. Yeah,
0:32
Speaker 1: we've got a full deck in terms of topics to
0:34
Speaker 1: talk about. Uh, and we will jump into that. Just
0:38
Speaker 1: a quick reminder, ask superchat questions. That way you get
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Speaker 1: to fame the show. You get to discermine what I
0:44
Speaker 1: talk about. I talk about what you know. I answer
0:47
Speaker 1: your questions. So it's a great way to make the
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Speaker 1: show interactive. So prelease consider a super chat or if
0:54
Speaker 1: you just want to support the show value for value,
0:57
Speaker 1: stick up, all right, let's jump in. I mean the
1:00
Speaker 1: roller coaster. Roller coaster is not the right tom. I
1:03
Speaker 1: don't know what the way tomb is. You know, the
1:06
Speaker 1: the Trump putin US, you know, Russia, Ukraine, stuff that's
1:13
Speaker 1: going on. It's just it's just unbelievable. It's it's how
1:19
Speaker 1: anybody can can trust Trump or or has any positive
1:24
Speaker 1: view of Trump given his behavior towards Zelenski and and
1:30
Speaker 1: and towards Putin is just you know, beyond comprehension. I mean,
1:36
Speaker 1: here he is. Leading up to last week, Trump was
1:41
Speaker 1: all gung ho, We're going to give We're going to
1:43
Speaker 1: give Zelenski, uh, you know, new missiles. We're gonna make
1:48
Speaker 1: them strong. They can attack anyway they want. He was
1:52
Speaker 1: super friendly to Zelenski in a couple of meetings that
1:55
Speaker 1: they had, and he was super aggressive of NATO and
1:58
Speaker 1: very pro Europe and came out, you know, swinging against
2:01
Speaker 1: Putin and everything. This is after he met Putin in Alaska,
2:06
Speaker 1: convinced there was going to be a peace deal, and
2:08
Speaker 1: then Putin basically ignored him, and and basically during the
2:12
Speaker 1: meeting supposedly in Alaska, the meeting was cut short because
2:17
Speaker 1: Putin wouldn't compromise. He wouldn't he he would not negotiate
2:22
Speaker 1: around peace that Trump was pushing. So Trump they gave
2:27
Speaker 1: it a couple of weeks to kind of see and
2:31
Speaker 1: then and then walked away from Putin and kind of
2:34
Speaker 1: went seemingly all in on Zelenski and was nice to
2:37
Speaker 1: him and was ready to arm him to the teeth
2:41
Speaker 1: and which is what should be done and what needs
2:44
Speaker 1: to be done, and it's the only way to end
2:45
Speaker 1: this war. The only way to end this war is
2:47
Speaker 1: one party wins and one party loses. That's the way
2:50
Speaker 1: wars end. And I think we want I want, I
2:56
Speaker 1: don't know what we want. I want, So let's get
2:59
Speaker 1: a win. I went there, you used to win. Russia
3:01
Speaker 1: is the gressa. Russia is the evil empire here and
3:04
Speaker 1: the good guy should win and that means Ukrainians and
3:07
Speaker 1: we should support them winning. And that way the war
3:11
Speaker 1: will end. Was end when bon partty wins, another losers.
3:17
Speaker 1: So Trump seemed to be moving in that direction, and
3:19
Speaker 1: everybody's ro you know, all excited. And then Trump was
3:24
Speaker 1: going to meet with Zelenski at the meeting. Supposedly Trump
3:28
Speaker 1: was going to sign off from Tomahawk missiles and all
3:30
Speaker 1: kinds of other weapons systems and fully support Zelenski and Ukraine.
3:34
Speaker 1: And then Putin called him the night before and they
3:38
Speaker 1: had a long conversation and Putin somehow convinced Trump again
3:46
Speaker 1: they know this war was caused by Ukraine. This is
3:50
Speaker 1: not Russia's not the bad guys. Ukraine the bad guys.
3:53
Speaker 1: And he Putin wants peace. It's Lensky that's stopping the piece,
3:58
Speaker 1: and he's willing to compay, and and there's got to
4:02
Speaker 1: be a deal, and we should go for peace and
4:04
Speaker 1: don't give them Tomahawk missiles and uh and and Trump
4:08
Speaker 1: came out of that meeting. It's as if Putin has
4:10
Speaker 1: this ability to completely brainwash him or bright or squeeze
4:16
Speaker 1: him in some way. I don't know what Putin has
4:18
Speaker 1: on Trump, but he has his buttons. He knows exactly
4:20
Speaker 1: which buttons to press. So Trump goes into the meeting
4:26
Speaker 1: over the weekend with Zelensky on Friday, actually and Blastolensky
4:30
Speaker 1: and publicly says, Zelensky started the war. And if you
4:34
Speaker 1: start the war, we should don't come asking me for missiles.
4:37
Speaker 1: If you start a war, you should you should be
4:40
Speaker 1: positioned to win it. You shouldn't. I mean, Zelensky didn't
4:43
Speaker 1: start the war, Ukraine didn't start the Worrus just started
4:45
Speaker 1: the war. This is not hard. This is like a
4:49
Speaker 1: four year old would get this. I've often said, Trump,
4:52
Speaker 1: hass the understanding economic understanding of a five year old. Yes,
4:55
Speaker 1: the understanding of from polse of a five year old. Worse, Actually,
5:01
Speaker 1: five year old would get it. And I'm sorry, I
5:05
Speaker 1: know some of you still think Trump is good, better
5:08
Speaker 1: than whatever in this and that, and Yuran stopped being
5:12
Speaker 1: such a leftist stop being worse than MSNBC. Yeah, I'm
5:15
Speaker 1: more consistent with them, MBSNBC. I've always thought Trump was
5:19
Speaker 1: a disaster, and I continue to think Trump is a disaster,
5:21
Speaker 1: and he continues continues to prove me right and you
5:27
Speaker 1: guys wrong. It's not even pragmatism. This is complete and
5:35
Speaker 1: up wim worshiping. Okay, So over the weekend he lamblasted Zelinsky.
5:41
Speaker 1: By all accounts, he treated them probably in the meeting
5:44
Speaker 1: behind closed doors, through maps around. Didn't want to look
5:47
Speaker 1: at maps, too many maps, don't care about maps. Blames
5:50
Speaker 1: the Olinsky for the war, blames the Linsky later in
5:52
Speaker 1: a press conference for the war. It completely went after
5:57
Speaker 1: and announced that he is going to meet Putin in
6:01
Speaker 1: Budapest and they're gonna cut a deal. They're gonna cut
6:03
Speaker 1: a deal. There's gonna be peace. It's just a matter
6:06
Speaker 1: you know, next week. They were going to meet next
6:08
Speaker 1: week in in Budapest. So in preparation for the big
6:13
Speaker 1: Budapest meeting where peace is going to be announced, Marco Rubio, uh,
6:20
Speaker 1: you know, had a call this morning or yesterday morning
6:24
Speaker 1: with the Pehun Russian minister, so gay lover of in
6:27
Speaker 1: order to you know, kind of prepare the grounds. This
6:32
Speaker 1: is what happens when you know, the leaders meet, the
6:36
Speaker 1: underlings meet beforehand to kind of prepare everything and get
6:38
Speaker 1: everything aligned. So when the meeting happens, it all goes well.
6:41
Speaker 1: Well in this meeting. And I've told you, Marko Rubio
6:44
Speaker 1: is the only one in this administration that I that
6:47
Speaker 1: I know of that has the right position on Russia Ukraine. So, uh,
6:53
Speaker 1: Marko Rubio goes to meet with a lover of over
6:55
Speaker 1: the phone, I guess, and he discovers that lover of
6:58
Speaker 1: is like, yeah, nothing's changed. We want full control over
7:02
Speaker 1: the dun Boss, and we're really you know, the don
7:07
Speaker 1: boss means the eastern Ukraine and we're not going to
7:11
Speaker 1: give it an inch. We want control over those areas
7:15
Speaker 1: and we haven't changed that position and nothing has changed.
7:25
Speaker 1: And you know, lover Of told reporters that quote. I
7:32
Speaker 1: believe American officials have concluded that Russia's position has remained
7:36
Speaker 1: largely unchanged over the time and remains within the balance
7:39
Speaker 1: of its initial maximalist demands. We've always owned that Russia's
7:45
Speaker 1: not compromising. What did put In tell Trump on Thursday
7:50
Speaker 1: that led him to think that this is not true,
7:52
Speaker 1: I'm sure nothing. What did put In tell him in Alaska?
7:58
Speaker 1: They would suggest that Russia's position has changed. I'm pretty
8:01
Speaker 1: sure nothing. I mean the reality here, this is not
8:08
Speaker 1: my interpretation, this is reality. Putin completely manipulates Trump completely utterly.
8:25
Speaker 1: So Levo basically told it, told Rubio that Russia has
8:29
Speaker 1: not changed his mind. It wants a comprehensive peace steal,
8:32
Speaker 1: a comprehensive peace steel in which it gets everything that
8:36
Speaker 1: it wants and gives up nothing. It does not I mean,
8:40
Speaker 1: and this goes back to Alaska. It does not want.
8:46
Speaker 1: It does not accept security Western security guarantees for Ukraine.
8:49
Speaker 1: It does not accept any kind of peacekeeping troop in
8:52
Speaker 1: Ukraine other than Chinese or Russians. So basically, yesterday Marco
9:01
Speaker 1: Rubio went to Trump and I guess the White House
9:03
Speaker 1: officials and said, look, we can have a meeting, but
9:09
Speaker 1: Russia has not changed its mind on anything anything. And
9:16
Speaker 1: this morning it was announced that the meeting is off,
9:20
Speaker 1: that Trump will not be meeting a put In a Budapest.
9:25
Speaker 1: And basically, because what would be the point, what would
9:30
Speaker 1: be the point? Nothing has changed. But put In achieved
9:36
Speaker 1: one goal, and that is Zelenski didn't get his tomahawks,
9:45
Speaker 1: and Trump again lashed out at Zelensky. So anyway, the
10:03
Speaker 1: bottom line is Zelensky is not getting what he wants.
10:07
Speaker 1: Trump is not getting a meeting with Putin. We know,
10:11
Speaker 1: you know, lover of is a mouthpiece for Putin, always
10:14
Speaker 1: has been, continues to be. And the reality is the
10:19
Speaker 1: meeting between Putin and Trump has been canceled. And uh again,
10:31
Speaker 1: you know it's it's so we're back at the status quo.
10:34
Speaker 1: We're back at where we were before this meeting, before
10:36
Speaker 1: the whole tomahawk discussions were going on, before the United
10:39
Speaker 1: States was going to ramp up support for Ukraine. All
10:42
Speaker 1: of that is gone. And yet there's no there's no
10:46
Speaker 1: advancement on the peace plan because and that's dead and
10:50
Speaker 1: and uh, Trump is now sold and Putin and South
10:53
Speaker 1: and Zelenski, and I mean, what the hell is he doing?
11:02
Speaker 1: The guy is to complete and uther, emotionalistic, unprincipled, what
11:12
Speaker 1: do you call it. He just goes by whatever he
11:14
Speaker 1: feels like. And there are people out there, for whatever reason,
11:18
Speaker 1: it's hard to tell exactly why, but there are people
11:21
Speaker 1: out there who are really really good at manipulating him,
11:28
Speaker 1: really really good at manipulating him, and I know people
11:31
Speaker 1: like this, so I guess it doesn't really surprise me.
11:36
Speaker 1: All right, that's where we are in terms of the
11:38
Speaker 1: Russian story. Again, as people are leaking information from the
11:47
Speaker 1: meeting between Zelenski and Trump, it sounds like it went
11:50
Speaker 1: pretty brutal. And Trump, by the way, he went on
11:54
Speaker 1: and on supposedly about the fact that he didn't get
11:56
Speaker 1: the Nobel Prize and how unfair that was. The guy
12:00
Speaker 1: functions based on grievances and emotions and who he likes
12:04
Speaker 1: and who he hates, and he clearly admires and maybe
12:10
Speaker 1: even loves. I mean, he has this weird admiration for
12:15
Speaker 1: Vladimir Putin, and that allows Putin to manipulate him and
12:19
Speaker 1: get his way, at least up to a point. All right,
12:25
Speaker 1: let's move to the other area in which Trump has
12:30
Speaker 1: is just considered a genius when it comes to when
12:33
Speaker 1: it comes to font Polsi, the deal in Gaza. You know,
12:38
Speaker 1: the deal in Gaza's supposed to lead ultimately to Israel
12:42
Speaker 1: evacuating Gaza, Ramas being disarmed, and international peace keeping force
12:47
Speaker 1: brought in that guarantees Tramas being disarmed and Ramas basically
12:52
Speaker 1: disappearing as an organization and a you a government being
12:56
Speaker 1: established in the Gaza strip by a technical cradic government
13:00
Speaker 1: it's called but a non partisan government. Well, it looks
13:05
Speaker 1: like none of that is going to happen, right, you know,
13:09
Speaker 1: it looks like Hamas is committed to not disarming. It is.
13:13
Speaker 1: Let everybody knows that it has no intention of disarming.
13:17
Speaker 1: The supposed new technocratic government. Well, the names being proposed
13:27
Speaker 1: are being filtered through Ramas, and Ramas is giving thumbs
13:31
Speaker 1: up to those names that are people who are ideologically
13:33
Speaker 1: aligned with them and rejecting those who are not. But
13:37
Speaker 1: all the names are going through Hamas because Katawa is
13:39
Speaker 1: putting the list together and it is aligned with Kamas.
13:43
Speaker 1: The Palestinian authority there also was not supposed to have
13:45
Speaker 1: any role in governing the Gazza script is, you know,
13:51
Speaker 1: choosing about fifty percent of their people in this technocratic
13:55
Speaker 1: government and the other fifty percent being Ramas people. So
14:00
Speaker 1: you've basically got a situation where where basically Haramas is
14:04
Speaker 1: completely ignoring whatever the intents of the piece deal was,
14:08
Speaker 1: or the cease fire deal or whatever you want to
14:10
Speaker 1: call it. It has Haramas has stopped killing its rivals
14:15
Speaker 1: in public at least, we don't know what's going on
14:17
Speaker 1: in private, given the criticism it's gotten from its ally,
14:21
Speaker 1: you know, I guess from Kataro and and so on.
14:24
Speaker 1: The Trump administration putting pressure on Turkey and Kata to
14:28
Speaker 1: tell them to stop. So they're you know, supposedly they've stopped.
14:33
Speaker 1: I guess that's good, but you know, so so none
14:42
Speaker 1: of that is happening. The sarming is not happening. And
14:46
Speaker 1: uh and uh uh, the the vogue Hamas intends to
14:53
Speaker 1: be completely involved uh in uh in everything, and it's
14:59
Speaker 1: it's whether they're doing in public or in private. They're
15:01
Speaker 1: cracking down on all the opposition, all the people who
15:04
Speaker 1: could replace them. They're cracking down on them, killing them,
15:08
Speaker 1: disarming them and making sure that they don't resist. And
15:12
Speaker 1: of course this idea of international peacekeeping force. Well countries
15:16
Speaker 1: are saying, well, wait a minute, we get to go
15:20
Speaker 1: into Gaza and fight with Ramas. We don't want to
15:24
Speaker 1: do that. I mean, the Saudis don't want to send
15:27
Speaker 1: troops to die in Gaza fighting Kramas, partially because they've
15:31
Speaker 1: got constituency at home to support Kamas. They don't want
15:35
Speaker 1: to be perceived as the guys who actually crush Kamas.
15:38
Speaker 1: Neither is the UAE suddenly the only people willing to
15:42
Speaker 1: send troops in a Kata and Tuki because their troops
15:46
Speaker 1: will be aligned with Kramas. They won't be disarming Kramas,
15:49
Speaker 1: They'll be arming Kamas. And indeed, if is Isuel allows
15:52
Speaker 1: Katari and took his troops in to replace as an
15:56
Speaker 1: international peacekeeping force, then forget about it. They're gonna arm
16:01
Speaker 1: master the teeth and make Gaza even more hostile to
16:06
Speaker 1: Israel than before, all in the name of a peacekeeping force. Now,
16:13
Speaker 1: not to worry because wit cough And and Jared Kushna
16:17
Speaker 1: and jd vance I came yesterday and jade Van Silanda
16:20
Speaker 1: today in Israel to to to to make sure that
16:24
Speaker 1: peace was going to be achieved. But the problem is,
16:26
Speaker 1: it's not in Tel Aviv, it's not in Jerusalem. The
16:29
Speaker 1: problem is in Katta and Istanbul, and in Alankara, and
16:34
Speaker 1: and and Cairo, and of course in Gaza. I don't
16:37
Speaker 1: know what they have to talk about with Israel. Indeed,
16:40
Speaker 1: Saudi Arabia and Yuei would like Israel to go into
16:45
Speaker 1: Gaza to span Ramas, destroy it, take away all the arms,
16:50
Speaker 1: and then they'll send in peace keeping troops. They would
16:55
Speaker 1: love for Israel to finish the job. But I than
17:00
Speaker 1: an international peacekeeping force that has any ability will actually
17:05
Speaker 1: enter and start fighting with Kamas. Is a fantasy and
17:09
Speaker 1: actually a nightmare. It's not even a fantasy. It's stupid
17:13
Speaker 1: and it's not going to happen. But this is the
17:15
Speaker 1: twenty point plan. And you know that the twenty point
17:18
Speaker 1: plan can't be a very good plan if the qataris
17:21
Speaker 1: signed up for it. Katari is an enemy of Israel,
17:26
Speaker 1: and it's an enemy of the United States. By the
17:31
Speaker 1: way the kataris today, I think the mirror of Qatar
17:35
Speaker 1: had this to say. This to say, what has taken
17:39
Speaker 1: place in the Godza Strip over the past two years
17:41
Speaker 1: amounts the genocide, a term that encapsulates all atrocities. It
17:46
Speaker 1: is regredible that international legitimacy remains incapable of enforcing its
17:50
Speaker 1: respect when it comes to the tragedy of our brotherly
17:53
Speaker 1: Palestinian people. We hereby reaffirm our condemnation of all Israeli
17:58
Speaker 1: violations and practices in power, particularly the transformation of the
18:02
Speaker 1: gods Strip into an area unfit for human life, the
18:05
Speaker 1: continued breaches of the ceasefire, the expansion of settlements in
18:09
Speaker 1: the West Bank, and the ongoing attempts of to juidize
18:13
Speaker 1: Al Haram al sha Reef Temple in the Mount. We
18:18
Speaker 1: also reaffirmed that the Gods of strip is an integral
18:20
Speaker 1: part of the Palestinian territories and of the United Unified
18:23
Speaker 1: State of Palestine today. And this is the guy that
18:29
Speaker 1: Trump considers an ally. The Trump assigned an agreement to defend.
18:34
Speaker 1: There is now a defense Pact where the United States
18:38
Speaker 1: guarantees defend to defend Qatar against all its enemies. Qataru
18:42
Speaker 1: the number one fund of Muslim brotherhood, the number one
18:45
Speaker 1: fund of terrorism in the Sunni world. At least we
18:48
Speaker 1: now Americans, you and me, and now you know, committed
18:54
Speaker 1: to their protection. And while they are pretending to be
19:00
Speaker 1: you know, arbitrating and you know middleman and trying to
19:04
Speaker 1: negotiate a peace, they are clearly in Ramas's corner. They
19:08
Speaker 1: are clearly on the side of Tarmas. And and and
19:12
Speaker 1: again remember when did all the money come to build
19:15
Speaker 1: the tunnels, I mean youran part of it, and then
19:18
Speaker 1: the rest from Katu Kata has funded Tramas built it
19:22
Speaker 1: to help them build the tunnel system, weaponize them. Katao
19:27
Speaker 1: is the enemy and Trump brilliant farm policy strategist. You
19:31
Speaker 1: have to admit, is completely in their pocket, completely in
19:37
Speaker 1: their pocket. So I'm curious, what is it that makes
19:43
Speaker 1: Trump's phone policy good anything. A British forces are supposed
19:52
Speaker 1: to being deployed to Israel to join a multinational task
19:56
Speaker 1: force that's going to monitor the fragile ceasefire in Gaza.
20:02
Speaker 1: This have to request in the United States a two
20:04
Speaker 1: star officer against general and a small number of military personnel.
20:08
Speaker 1: We'd be based in Israel as part of the Civil
20:11
Speaker 1: Military Coordination Center established and led by the United States
20:15
Speaker 1: that will provide logistical supports, security and monitor the cease
20:18
Speaker 1: flying Gods the stript notice they're monitoring it from the
20:21
Speaker 1: Israeli side. These are the people that's supposed to restrain Israel,
20:27
Speaker 1: hold them back. A two star officer will serve as
20:29
Speaker 1: deputy to commander with the us R forces expected to
20:33
Speaker 1: help with the flow of humanitarian aid to the Palestinians
20:36
Speaker 1: and God, that is what they're concerned about. God forbid
20:40
Speaker 1: that Palestinians don't get their food at the same time
20:43
Speaker 1: as Israel. It's supplying with electricity, water for free, internet,
20:49
Speaker 1: cell phone coverage for free, for free. But Israel are
20:54
Speaker 1: the bad guys, and we need to monitor the cease fire.
20:57
Speaker 1: We need to make sure they don't go after Amas.
21:01
Speaker 1: Why because we promise the Kataris, who are best friends,
21:03
Speaker 1: while they're funding our worst enemies. Phone Polsey genius, genius.
21:16
Speaker 1: This guy. In the meantime, this is pretty clear about
21:25
Speaker 1: its strategy, at least in a short run. It's all
21:29
Speaker 1: this basically splitting the gods of the Strip into two.
21:32
Speaker 1: It controls about fifty seven percent of the gods of Strip,
21:35
Speaker 1: but a minority of the population, The overwhelming majority of
21:40
Speaker 1: the population are in the fifty three In the forty
21:44
Speaker 1: three percent that are left and that is mostly destroyed.
21:51
Speaker 1: Israel as basically now putting massive barriers between what's called
21:58
Speaker 1: the yellow line, the section of God the script that
22:00
Speaker 1: it controls, and that which the you know, which Ramas controls. Uh.
22:07
Speaker 1: You know that we're basically seeing the formation of two Gazas.
22:12
Speaker 1: And I think what you'll see is that the Gazans
22:14
Speaker 1: on the Israeli side get more humanitarian aid. That section
22:19
Speaker 1: of Gaza might be rebuilt faster. Depending on how long
22:24
Speaker 1: this takes and where's the other section will be controlled
22:28
Speaker 1: by Hamas or by the Qataris and will rot, will
22:34
Speaker 1: be devastated, and who will be blamed for this? Israel?
22:38
Speaker 1: Of course Israel will be blamed for it. Now, we
22:45
Speaker 1: could have an international force that goes in that fights
22:49
Speaker 1: and takes control from Hamas. That would be good, but
22:52
Speaker 1: I think the probablity of that happening is very, very
22:55
Speaker 1: very low. Israel could develop this eastern part of the
23:03
Speaker 1: Gods of Strip and then invite civilians to move in. Maybe,
23:14
Speaker 1: you know, we could see pressure on Hamas the disarm ultimately,
23:19
Speaker 1: but why should they. They're getting aid, They're probably getting
23:22
Speaker 1: huge amounts of money from the Katawis. Why should they disarm?
23:26
Speaker 1: Why should they disappear? Nobody seems to Nobody seems to
23:31
Speaker 1: be willing to actually enforce the deal that they made.
23:40
Speaker 1: And they're basically killing and subduing those Palestinians who actually
23:49
Speaker 1: want a better life and want gods to be better.
23:51
Speaker 1: And actually, you know, I don't want Hamas anymore. Haramas
23:55
Speaker 1: is destroying those people. So you'll see huge, huge barricades
24:00
Speaker 1: go up, huge all of that, and people say Israel's
24:05
Speaker 1: getting to ready to take an ex eastern Gaza because
24:08
Speaker 1: they want territory or whatever fantasy people live with. No,
24:13
Speaker 1: this is this is a way for Israel to protect
24:15
Speaker 1: its own troops from Hamas and uh. And since Israel
24:20
Speaker 1: does not really believe Gaza is going to be demilitarized,
24:24
Speaker 1: it doesn't believe Hamas is going to be pacified, it
24:27
Speaker 1: doesn't believe Haramas is going anywhere. They are getting ready
24:30
Speaker 1: for the long run and hunking down for that long run.
24:38
Speaker 1: All right, Jeffrey says, thank you, Jeffrey for the super chat.
24:45
Speaker 1: He says, I'm late. Please start from the beginning. What
24:48
Speaker 1: I suggest is you go to the beginning, put it
24:50
Speaker 1: on two acts. A lot of you listen to me
24:52
Speaker 1: two x anyway, write two acts and just catch up,
24:56
Speaker 1: and then very quickly you'll be where we are today,
24:59
Speaker 1: what we are right now. So all right, let's quickly
25:09
Speaker 1: talk about Japan, because we raised this topic a while
25:12
Speaker 1: ago about the first female prime minister in Japan, Sonnaia Takchi.
25:21
Speaker 1: I'm probably mispronouncing that. I apologize. Who is a fan
25:24
Speaker 1: of Margaret Thatcher where I talked about yesterday? She is
25:28
Speaker 1: now she is now being formally voted in as prime minister.
25:34
Speaker 1: She had to go through some challenges to get there.
25:39
Speaker 1: It's going to be interesting because while she is a
25:41
Speaker 1: fan of Marga Thatcher, what she admires about Margaret Thatcher
25:47
Speaker 1: was the iron fist, the kind of determination that she had,
25:50
Speaker 1: the principles. I think. She is also a very strong
25:56
Speaker 1: and fun policy quite hostile. I think to believes that
26:02
Speaker 1: Japan should be investing in this military in order to
26:06
Speaker 1: defend itself. She is anti immigration and I think wants
26:11
Speaker 1: to reverse the government's policies that have allowed more immigrants
26:16
Speaker 1: into the country over the last few years. So, but
26:20
Speaker 1: where she isn't like Margaret Thatcher, and this is a
26:22
Speaker 1: great Japanese tragedy, I think, because she sounds like a
26:27
Speaker 1: stronger leader could get stuff done if she really wanted to,
26:32
Speaker 1: is that she is not a free market person. There's
26:39
Speaker 1: nothing to suggest that she is a pro free markets.
26:44
Speaker 1: She is a status She believes in significant regulations and
26:52
Speaker 1: in industrial planning, and that Japan's strength economically comes from
26:58
Speaker 1: the top. It comes from government policy see UH, not
27:01
Speaker 1: from liberalization and UH and a strong market economy. She
27:10
Speaker 1: is though you might know she is a huge fan
27:16
Speaker 1: of Iron Maiden and Deep Purple Uh, she's an amateur
27:21
Speaker 1: drummer who I guess has has her own own, uh
27:29
Speaker 1: heavy rock band. And and as I said, she her
27:34
Speaker 1: hero is Margat Thatcher, and maybe there's a there's a
27:37
Speaker 1: chance that she adopts Marga Thatcher's principled view with regard
27:44
Speaker 1: to economics. You know Thatcher wasn't, in my view enough
27:49
Speaker 1: of a capitalist, but at least you know she was
27:52
Speaker 1: in in that direction. And we can hope that missus
27:56
Speaker 1: Takayachi is can can shift a position from a more
28:02
Speaker 1: status position to a more freedom over in position when
28:05
Speaker 1: it comes to economics. I am filled with hope as always, Uh,
28:11
Speaker 1: that's somebody in the world out there other than Melay
28:13
Speaker 1: will adopt a good, positive pro market economic policies. We're
28:20
Speaker 1: seeing a little bit of that in Bolivia, not Malay style,
28:23
Speaker 1: but a bit improvement. Let's hope we get some improvement
28:26
Speaker 1: in Japan as well. Anyway, Japan now has its first
28:31
Speaker 1: female prime minister. I hope good luck. You know, I
28:35
Speaker 1: really like Japan, like the Japanese people, and uh, and
28:39
Speaker 1: I hope that Japan's economy blooms and flourishes and does
28:43
Speaker 1: phenomenally well because I you know, I believe in win win.
28:48
Speaker 1: So when they do better, we do better because we
28:50
Speaker 1: trade with him. So we had the story it was
28:59
Speaker 1: a yesterday or fightday, maybe it was Friday, about the
29:05
Speaker 1: texts of the Young Republicans, Uh that that expressed racist, antisemitic,
29:13
Speaker 1: anti women, just horrible, discusting texts. And and you know,
29:18
Speaker 1: there was quite a backlash against them, although JD. Vance
29:20
Speaker 1: and and uh and Matt Walsh defended them and uh,
29:24
Speaker 1: but many of them have been forced to resign and quit,
29:28
Speaker 1: which is good. Anyway, Today there's a new group chat
29:34
Speaker 1: with racist commentary, and this time a lot of the
29:38
Speaker 1: racist commentary is farm a guy named paul In Grascia.
29:42
Speaker 1: Paul and Gracia is Trump's nominee to head the Office
29:48
Speaker 1: of Special Counsel so as part of the Justice Department.
29:53
Speaker 1: You know, here's uh, here's some of what what was
29:57
Speaker 1: what he uh? What he uh? What he wrote? Mlka
30:01
Speaker 1: was the nineteen sixties George Floyd and his holiday should
30:04
Speaker 1: be ended and tossed into the seventh circle of Hell
30:06
Speaker 1: where it belongs. Mlka was a hero at the end
30:13
Speaker 1: of the day. He fought for liberty, for freedom, for
30:18
Speaker 1: equal rights. He wasn't he was wrong on a lot
30:21
Speaker 1: of things, and the Civil Rights Act ultimately was not good.
30:24
Speaker 1: And you know MLK was probably economically socialist, but to
30:33
Speaker 1: call him a Floyd, that's ridiculous. Another tweet, he says,
30:39
Speaker 1: I do have a Nazi streak in me from time
30:42
Speaker 1: to time. I will admit it, okay. And by the way,
30:49
Speaker 1: nobody took it as a joke. Nobody took it as
30:52
Speaker 1: a joke, and a number of people actually pushed back
30:56
Speaker 1: against it on the group chat, what the hell are
30:58
Speaker 1: you talking about? On another in another group chat, in
31:04
Speaker 1: Grascia says never trust a Chinaman oh Indian. Never, just
31:11
Speaker 1: for emphasis, just to make clear that he was he
31:14
Speaker 1: was serious. And then he says, I I said, I
31:25
Speaker 1: said we should make Kawanza illegal in the next Trump administration.
31:29
Speaker 1: That was the gist of my tweet. No mullignon holidays
31:34
Speaker 1: from Kawanza to Mlcage Junior Day, a Black History Month,
31:39
Speaker 1: June teenth, every single one needs to be eviscerated, all right.
31:44
Speaker 1: This is Trump's nominee to lead the office. So these
31:49
Speaker 1: these texts came out I think today, and people are
31:53
Speaker 1: kind of fantaic about what to do with his uh,
31:56
Speaker 1: you know, with with his appointment. Well, what should we
31:59
Speaker 1: do about all this? But it turns out this was
32:06
Speaker 1: not new, and this was not unexpected, and people knew
32:11
Speaker 1: of this, guys in that case, going way back, and
32:16
Speaker 1: yet he was still nominated. I mean, he called for
32:20
Speaker 1: martial law to keep Trump in office. He shaid nine
32:23
Speaker 1: to eleven kind of truth you know, of conspiracy theories,
32:28
Speaker 1: He's said white men were the smartest demographic. God not
32:34
Speaker 1: if they were Republicans. He's been he was spotted at
32:37
Speaker 1: a white nationalist rally. He said, he just stumbled into it.
32:41
Speaker 1: I'm sure. He defended Alex Jones against the Sandy Hook
32:46
Speaker 1: judgment quote, we all stand with Alec Jones. He called
32:52
Speaker 1: October seventh a psycho op, psychop to distract from Columbus State,
32:57
Speaker 1: calling Nikki Hailey and insufferable bitch and defend and has
33:01
Speaker 1: defended nick for inters. That was all known before this morning.
33:09
Speaker 1: And then not only was he nominated for the position,
33:12
Speaker 1: but he was likely to be voted in because we
33:14
Speaker 1: know center Republicans will just vote whatever Trump wants. Now,
33:25
Speaker 1: you know, a bunch of gop sentenceors are saying, maybe
33:27
Speaker 1: we won't vote for him after the Nazi streak and stuff.
33:33
Speaker 1: Thune has said now that he's not going to pass.
33:37
Speaker 1: But where was soon a week ago when this other
33:40
Speaker 1: stuff was all known? So this is the kind of
33:48
Speaker 1: people Trump is nominating. Who knows who else has gotten
33:52
Speaker 1: through already that we haven't found the emails, the text,
33:56
Speaker 1: or they haven't expressed themselves that way, but it's all
33:58
Speaker 1: in their head. How many of the congressional staffords a
34:02
Speaker 1: secretly racist, pseudo Nazi, antisemitic, just horrible people like this?
34:11
Speaker 1: This is what the GOP is turning into. This is
34:14
Speaker 1: what this party is becoming. And just put an exclamation
34:20
Speaker 1: mark on that. Well, today, kash Baratel, now Kosh Bartel
34:25
Speaker 1: is a favorite of market Maga right because he is
34:27
Speaker 1: he's he's Mega conspiracy theory Cashpatel, he's the head of
34:31
Speaker 1: the FBI. He's all in on Mega, all in on Trump. Well,
34:37
Speaker 1: today he made a big strategic mistake. You know, Kosh
34:41
Speaker 1: Bertel is Indian and he put out a tweet saying
34:44
Speaker 1: happy d Wali. D Wally is the celebration of lights.
34:48
Speaker 1: It's a festival of rights around the world. It's an
34:51
Speaker 1: Indian celebration and you know, you wish to everybody happy
34:55
Speaker 1: to Wali. Celebrating the festival of lights around the world.
34:58
Speaker 1: There is good triumph over evil. That was his post,
35:04
Speaker 1: and Mega went crazy. Christ is King. This is America.
35:10
Speaker 1: We don't do this. Get the fuck out of my country, sir,
35:14
Speaker 1: Please don't promote the festivals of fond gods in America.
35:18
Speaker 1: This pagan bs is an American Go back to India.
35:22
Speaker 1: Good triumphed over evil when Jesus Christ died on the cross.
35:26
Speaker 1: Get your pagan nonsense out of here. This is America.
35:30
Speaker 1: We don't do this. I've seen that one. Is that
35:35
Speaker 1: the festival where they all shit in the streets. No,
35:41
Speaker 1: America is a Christian nation heritage. Americans don't want demon
35:51
Speaker 1: worship in our country. Christ is King. So these are
35:56
Speaker 1: just some of the you know, my old friendly we
36:00
Speaker 1: opened very accepting responses to a maga's own Kosh Patel,
36:06
Speaker 1: who is the head of the FBI, and uh, but
36:10
Speaker 1: he's got the wrong skin color. I wonder do what
36:13
Speaker 1: jd Vance thinks of all this, given his wife's Indian habitation.
36:17
Speaker 1: I wonder if, if, if if Jadvance put out a
36:21
Speaker 1: tweet today celebrating de Wally, A lot of people did,
36:26
Speaker 1: quite a few people I saw online. I doubt JD.
36:29
Speaker 1: Vance did in spite of the fact that his children
36:33
Speaker 1: half Indian. For whatever that's worth. Pretty nutty, Pretty nutty.
36:43
Speaker 1: A pastor at refuge church in Ogden, Utah basically said
36:49
Speaker 1: to Cash Bartel, go back, go back, or you know
36:57
Speaker 1: somebody else again. Here's the deal. Either go back to
37:00
Speaker 1: your home country or assimilate into Christian America. Christian America. God,
37:04
Speaker 1: I have not assimilated into Christian America. What are we
37:08
Speaker 1: going to do? I assimilated into America but not Christian America.
37:18
Speaker 1: Now we will see what happens tonight when Donald Trump
37:23
Speaker 1: hosts a formal di wally event at the White House
37:26
Speaker 1: at four pm, and while Trump is in heated tariff
37:32
Speaker 1: negotiations with India and trying to get on India's good
37:34
Speaker 1: side as he positions himself against India and Russia. My
37:43
Speaker 1: guess is they'll slam Donald Trump. I mean, there is
37:50
Speaker 1: an aspect of personality worship here when it comes to
37:55
Speaker 1: when it comes to Trump. But there's certain things things
38:00
Speaker 1: like religion and hatred of foreigners that you know, the faithful,
38:07
Speaker 1: the Maga are just not going to give up even
38:09
Speaker 1: if Donald Trump doesn't share their beliefs in and Donald
38:11
Speaker 1: Trump is far more positive about immigrants I think in
38:15
Speaker 1: his real life, and far more positive of people, far
38:19
Speaker 1: less racist, put it that way, explicitly racist than his followers,
38:24
Speaker 1: and the people he supports, and the people he encourages,
38:26
Speaker 1: and the people he he winks at and and and
38:29
Speaker 1: gives the thumbs up at, like in Charlottesville. I've mentioned
38:32
Speaker 1: that again because I don't pisses some of you off
38:34
Speaker 1: so much. And he encourages them, he supports them, he
38:38
Speaker 1: he promotes them. He doesn't necessarily share all the ideas.
38:41
Speaker 1: I don't think Trump, I don't consider Trump a racist,
38:44
Speaker 1: but he encourages the racist, he supports the racist. He
38:50
Speaker 1: he even he fertilizes the ground in which the racists grow.
38:57
Speaker 1: That is what's going on. And the worst of these,
39:01
Speaker 1: the worst racist, you know, fobes haters of foreigners are
39:05
Speaker 1: the Christians, the Christian nationalists. I wonder what you know.
39:12
Speaker 1: Heck says things about Dowali. I wonder if he's posted
39:16
Speaker 1: a happy dow Wali to all the military personnel who
39:21
Speaker 1: might be of Indian origin. I have my doubts that
39:24
Speaker 1: he did that. All right, quick discussion on tariffs. I
39:32
Speaker 1: just wanted to read you a letter to the editor.
39:34
Speaker 1: Don Boudreau probably writes some of the best letters to
39:38
Speaker 1: the editor that anybody writes out there. He's an economist.
39:41
Speaker 1: George Mason, I don't agree with him on a lot
39:44
Speaker 1: of things. Certainly I don't agree with him on on
39:48
Speaker 1: a bunch of things anyway, But he's very good in
39:52
Speaker 1: the letters he writes, and in terms of the economics
39:55
Speaker 1: he writes. And here he's responding to an op ed
39:57
Speaker 1: that ran last week basically in the Washington Post that
40:03
Speaker 1: basically said economists were wrong about tariffs and they need
40:06
Speaker 1: to rethink everything about tariffs. And I've seen people here saying, oh, no,
40:12
Speaker 1: TAFs haven't been that bad. You were wrong. You're on
40:15
Speaker 1: you know, I've seen that all over the place, and
40:17
Speaker 1: you can see that all over the country, people saying, oh, well,
40:20
Speaker 1: it wasn't as bad as you guys said, Well, what
40:22
Speaker 1: did we actually say? See here's Don Boodeau. Though a
40:26
Speaker 1: few economists carelessly exaggerated the likely ill effects of President
40:29
Speaker 1: Donald Trump's talis, economist's overwhelming consensus was not that inflation
40:35
Speaker 1: would surge, supply chains would crash, and the economy would
40:38
Speaker 1: be plunged into a deep recession while the stock market tanks.
40:42
Speaker 1: That is all a quote from the bad Economists were
40:45
Speaker 1: wrong about tariffs. They need to figure out why, which
40:48
Speaker 1: was published last week. Because trade is a relatively small
40:52
Speaker 1: part of the US economy, we talked about this. The
40:55
Speaker 1: tariffs were never destined to wrect damage on such a scale.
41:00
Speaker 1: That doesn't mean economists have been wrong about tariffs. TAOS
41:03
Speaker 1: will neither will neither spark a booming manufacturing employment, nor
41:08
Speaker 1: increased total employment, or raise wages. Tariff should not be
41:12
Speaker 1: used to reduce trade deficits. But because tariffs are poor
41:16
Speaker 1: tool to achieve this outcome, and because this outcome isn't
41:22
Speaker 1: necessarily desirable, and because tariff's diverted resources from more to
41:28
Speaker 1: less productive uses, they reduced the rate of economic growth
41:33
Speaker 1: much smaller. Tariffs had this effect during Trump's first term,
41:38
Speaker 1: this effect being, you know, slowing economic growth, and there's
41:43
Speaker 1: every reason to expect a negative, a larger negative effect
41:47
Speaker 1: in a second term. Reasonable estimates of a tariff induced
41:52
Speaker 1: slowing of economic growth range fromer point four percent to
41:56
Speaker 1: one percent annually. Now that's huge, by the way, that's
41:59
Speaker 1: a lot. So let's take an estimate of the smaller
42:04
Speaker 1: side and say that on average, TAIS will reduce annual
42:08
Speaker 1: US economic growth from roughly two point five percent to
42:13
Speaker 1: two percent in twenty thirty five, each American man, woman,
42:17
Speaker 1: and child would on average have approximately five thousand dollars
42:22
Speaker 1: less income than if the tasts weren't in place now.
42:27
Speaker 1: Although not cataclysmic, this economic loss is substantial, and nothing
42:33
Speaker 1: in the data so far shows that economists are wrong
42:37
Speaker 1: to predict that. So good letter on economics of this.
42:42
Speaker 1: You could also, of course talk about the morality of it,
42:45
Speaker 1: the government interfering in our lives, telling us what to
42:47
Speaker 1: buy and what not to buy, allocating our resources for us.
42:52
Speaker 1: And of course five thousand dollars doesn't sound like a lot,
42:56
Speaker 1: but if you're making fifty thousand percent, that's a lot
43:01
Speaker 1: of money for a lot of people. Those all in
43:04
Speaker 1: real terms, assuming you know, adjusted for inflation. And of
43:09
Speaker 1: course if you carry this out twenty years out, fifty
43:12
Speaker 1: thirty years out, you get much much more truttage your numbers.
43:16
Speaker 1: Half a percent of GDP growth less half a percent
43:19
Speaker 1: of GDP growth every year is a lot. It makes
43:22
Speaker 1: an enormous difference to the wealth of our children, to
43:25
Speaker 1: our own wealth in ten twenty years, assuming your life,
43:28
Speaker 1: and to a wealth of our children and grandchildren. And
43:32
Speaker 1: I've told you this for years now. Very few things
43:36
Speaker 1: the government does is going to result in a massive
43:39
Speaker 1: economic collapse. Here I defer again from people like Peter Schiff.
43:45
Speaker 1: We're not going to see just everything falling off a cliff.
43:48
Speaker 1: US economy is still too dynamic, too many entrepreneurs, too
43:51
Speaker 1: much stuff, actually too many values actually get produced in
43:54
Speaker 1: this country. What the government does, what the Fed does,
43:59
Speaker 1: would bail out to do, what tariffs do, what bad
44:02
Speaker 1: economic policy does, what Trump taking equity positions in American
44:08
Speaker 1: companies does, reduces our freedom more badly. From an economic perspective,
44:15
Speaker 1: it leads to stagnation, just slower economic growth over the
44:22
Speaker 1: very long over the short run, in the long run,
44:25
Speaker 1: and that leads to us being poor. So we're not
44:27
Speaker 1: going to fall off a cliff, which is can not
44:30
Speaker 1: going to be as rich as we could be. And
44:32
Speaker 1: at some point, at some point, you know, we might
44:39
Speaker 1: flat now and in a sense of we might have
44:41
Speaker 1: no economic growth and at some point we might actually
44:43
Speaker 1: shrink slowly, but it's likely to be slow rather than
44:47
Speaker 1: big sharp drops. And if there is a big sharp drop.
44:49
Speaker 1: It probably probably rebound and then stagnate. All right, h
45:02
Speaker 1: Let's talk about one of my favorite people, as you know,
45:08
Speaker 1: let's let's talk about JD. Evans. JD Vance, I think
45:14
Speaker 1: one of the most horrible people out there. I want
45:19
Speaker 1: to there's a video out circulating with clips of JD.
45:24
Speaker 1: Vance speaking, and I want to show you this video
45:27
Speaker 1: because I think this video encapsulates who Jadvance is. And
45:31
Speaker 1: I'm actually gonna play it at you know, one on
45:34
Speaker 1: a quote of speed, because hey, why not let's see
45:37
Speaker 1: a Jdvans talk really really fast. The video is five
45:40
Speaker 1: minutes long. I don't know if I'll show you the
45:42
Speaker 1: whole thing, but we'll play it. Maybe I'll stop it,
45:44
Speaker 1: maybe I won't, and and you well, probably i'll stop it.
45:48
Speaker 1: Right I can't help myself, and you can. You can watch.
45:52
Speaker 1: This is the future of the Republican Party. Well not no,
45:55
Speaker 1: I should say this is the present and the future
45:58
Speaker 1: of the Republican Party right now. According to polls among
46:01
Speaker 1: the Republicans, Date Events is leading the leading candidate to
46:04
Speaker 1: be the presidential nominee in twenty twenty eight. Assuming Trump
46:08
Speaker 1: is on running, he is likely to be president. He
46:14
Speaker 1: is smart, articulate, ideological He knows what he wants. Let's
46:25
Speaker 1: listen to what he wants.
46:27
Speaker 2: Go after the companies that are destroying this country. Reward
46:29
Speaker 2: the companies that are building it.
46:30
Speaker 1: It's that simple.
46:31
Speaker 2: That's what public policy is about.
46:33
Speaker 1: If you think so. The government shoued reward companies that
46:35
Speaker 1: are building this country based on the government's assessment of
46:38
Speaker 1: whether the building are destroying, and penalize the company destroy
46:41
Speaker 1: this country. Now, no understanding here that the fact is
46:44
Speaker 1: that companies that build, create value, trade with us, make money.
46:49
Speaker 1: Ah by definition building the country, and the countries that
46:52
Speaker 1: are destroying this country are the companies that are losing money,
46:55
Speaker 1: that are going bankrupt and therefore destroying the country. No
47:00
Speaker 1: understanding that that's exactly what the market does. The market
47:03
Speaker 1: rewards those that build the country and destroys. But Timbankoshi,
47:09
Speaker 1: it's called creative destruction. Companies that don't I mean. And
47:13
Speaker 1: it's not that he's no understanding. This guy has read
47:16
Speaker 1: iron Man. He used to be a free market guy.
47:20
Speaker 1: It's that he understands that that's not where power is.
47:23
Speaker 1: Power is in I like you, I don't like you.
47:26
Speaker 1: You get a subsidy, you get destroyed. I put you away,
47:30
Speaker 1: we break up your company, we subsidize your company. That's power.
47:35
Speaker 1: There's no power in you know, write contracts, go go
47:41
Speaker 1: have fun, go go go put you stuff, Go make stuff,
47:44
Speaker 1: go build stuff, go make stuff. If you don't go bankrupt,
47:47
Speaker 1: that's fine with me. I'm not going to bail you up.
47:49
Speaker 1: There's no power in that. Power demands action, power demands intervention.
47:54
Speaker 2: I think that we're going to have to fight back
47:56
Speaker 2: against corporate America, against big tech, against the pharmaceutical industry.
48:00
Speaker 1: We have to fight back against corporate America. Well, I mean,
48:03
Speaker 1: one way you can fight back is don't buy their products.
48:05
Speaker 1: But no, we have to fight back against them. You
48:09
Speaker 1: don't have to do these things.
48:10
Speaker 2: Well, the Governm's pretty much the only path in town.
48:12
Speaker 1: What I worry, Well, the only way to fight big
48:14
Speaker 1: corporation is using the companies, right, I mean, what are
48:21
Speaker 1: you and me going to do? Not buy their products.
48:22
Speaker 1: That's not fighting and it's not in mass just you
48:27
Speaker 1: and me. Maybe we can advertise it, but it's not
48:28
Speaker 1: going to be huge. But the coverman can fight them.
48:30
Speaker 1: They can regulate them, it can sue them, it to
48:33
Speaker 1: shut them down, and it can subsidize the guys that
48:35
Speaker 1: they like, and he assumes we have to fight big
48:39
Speaker 1: go operations. We have to, and maybe this was in
48:41
Speaker 1: the days of di I. What about when there's no
48:46
Speaker 1: di I. Well, we still have to fight them because
48:48
Speaker 1: they're not doing what we want them to do. That
48:50
Speaker 1: they're not enhancing the country by my own, by his
48:54
Speaker 1: own whatever estimates, whatever, those only path in town.
48:58
Speaker 2: What I worry about is that we have outsourced in
49:01
Speaker 2: the conservative movement our economic and our domestic policy thinking
49:04
Speaker 2: to the libertarians.
49:06
Speaker 1: Outsourced economics and domestic policy theory to libertarians. Now, let's
49:10
Speaker 1: hear assumed libertarians means free markets. So let's not let's
49:14
Speaker 1: not address the wacko libertarians, just free market libertarians, people
49:18
Speaker 1: who want free markets. Let's assume that's what he means. Yeah, right,
49:23
Speaker 1: When did this ever happen? When was the last time
49:26
Speaker 1: there was mass deregulation? When was the last time we
49:29
Speaker 1: shwunk them and spending? When was the last time we
49:33
Speaker 1: lowered the level of welfare spending? When was the last
49:36
Speaker 1: time we proposed reforming Medicare and social security? When was this?
49:42
Speaker 1: I mean, I wish, but the Republican Party has never
49:47
Speaker 1: been pro free markets, and it certainly is never outsourced
49:50
Speaker 1: their thinking to free market types, and they've never implemented
49:54
Speaker 1: any free markets common Coolidge was not that great in
49:59
Speaker 1: many respects. Calvic Coolies was awful and set us up
50:02
Speaker 1: for the disaster that we live in today. It's terrible
50:06
Speaker 1: on tariffs, it's terrible in immigration.
50:13
Speaker 2: So the failure to use political power that the public
50:19
Speaker 2: has given is a choice.
50:22
Speaker 1: The failure to use political power means the failure to
50:25
Speaker 1: use force, the failure to use cosion, the failure to
50:30
Speaker 1: use a gun.
50:32
Speaker 2: And it's a choice that has increasingly had and I
50:34
Speaker 2: think increasingly had will have incredibly dire consequences then we have.
50:38
Speaker 1: So it's a choice, it's a choice of Republican Party
50:40
Speaker 1: is made not to use cosion. Wait a minute, what
50:43
Speaker 1: are we talking about? Hasn't think Republican Party grown government
50:49
Speaker 1: substantially and significantly? Where's there? When did the er party
50:54
Speaker 1: ever stand for free markets? Maybe a little bit under again,
50:57
Speaker 1: a little bit teeny LEENI bits.
51:00
Speaker 2: Have to be willing to pursue a politics that actually
51:03
Speaker 2: wants to accomplish something besides just making government smaller.
51:08
Speaker 1: When did Republicans have pursue a policy to make them smaller?
51:12
Speaker 1: When did this happen?
51:13
Speaker 2: Problem with frankly some of our intelocutors on the right
51:16
Speaker 2: is that their worldview appears to be that every time
51:19
Speaker 2: Republicans gain a governing majority, they have to sit on
51:22
Speaker 2: their hands and do nothing with it.
51:23
Speaker 1: Are critiques of the administrative nothing I wish they do
51:25
Speaker 1: nothing with it. They always go gunment, spend more, regulate the.
51:30
Speaker 2: State are very often correct. But our answer to this
51:33
Speaker 2: can't be every single time the American people give us power,
51:36
Speaker 2: the only thing that we try to do is to
51:38
Speaker 2: trim down the thing that they gave us control of them.
51:41
Speaker 1: But they gave you control of it so that you
51:43
Speaker 1: choose me down. You ran on that, and then they're
51:48
Speaker 1: making people say, yes, we like that, we like cheap Partty,
51:50
Speaker 1: we like Marco Ubio and Takkus and these guys, we
51:54
Speaker 1: like them. We want them to trim Guman down. That's
51:56
Speaker 1: what we voted for. And then they go in there
51:58
Speaker 1: and they don't trim it down, and that's when the
52:00
Speaker 1: American people get frustrated and angry. But the reason some
52:08
Speaker 1: of us voted for you gave you power was for
52:13
Speaker 1: you to trim government and then you don't. So who's
52:18
Speaker 1: between whom here you want to use that power to
52:24
Speaker 1: grow your power? You want you tell us on the
52:27
Speaker 1: campaign show, you get a trim government, you poe the Constitution,
52:31
Speaker 1: pro the founding of America, profounding fathers, and then when
52:36
Speaker 1: you get into the power, you want to abuse that
52:37
Speaker 1: which you do. You've done it all the time. I mean,
52:42
Speaker 1: he's got such a straw man of the Republican Party.
52:46
Speaker 2: The counter argument to the idea that well, we can't
52:48
Speaker 2: give the power to govern, We can't give any power
52:50
Speaker 2: to government because then the left might misuse it is
52:52
Speaker 2: to look at the United States military. Right, If your
52:54
Speaker 2: argument is Gina Raimondo may misuse the Chips bill, therefore
52:57
Speaker 2: we cannot do the Chips bill, Well, we should abolish
53:00
Speaker 2: the Department of Defense because Joe Biden's doing a lot
53:02
Speaker 2: of crazy crap with the Defense Department.
53:03
Speaker 1: It looked a big difference. Uh you figure that one out.
53:08
Speaker 1: On that one's beyond beyond me. It's it's complete nonsensical.
53:14
Speaker 1: As if the defensive mind was not being abused by
53:16
Speaker 1: both left and right, Jeesh Bush suddenly abused the Defense
53:20
Speaker 1: Department and on military. Yeah, you know that should make
53:25
Speaker 1: us think twice. No, whoops, what did I do? Yeah, I.
53:34
Speaker 2: Look, A big difference between the left and right is
53:36
Speaker 2: the left loves to use power and the right is
53:38
Speaker 2: terrified of using power. Really, I did this event at
53:42
Speaker 2: the Yale Federal Society recently where they asked me for
53:45
Speaker 2: my three favorite unions purely in terms of policy outcomes,
53:49
Speaker 2: and I said, in order, Bernie Sanders, Lives of the Thorn,
53:51
Speaker 2: and Tulsa Gabbart.
53:53
Speaker 1: Notice that what Berdy said is Elizabeth Wong, Tulsia Gobett.
53:56
Speaker 1: Those as favorite Democrats in terms of policy outcomes. He
54:04
Speaker 1: took the most left wing Democrats. And you want to
54:10
Speaker 1: tell me this administration is dramatically better different than a
54:17
Speaker 1: democratic one when he comes to domestic policy in many
54:20
Speaker 1: respects that much much was Elizabeth Wwan, Bonnie Sanders, Tulsi Gobbett.
54:27
Speaker 1: Those are the three he chose in terms of policy outcomes.
54:30
Speaker 1: He shares the same outcomes. We're talking about egalitarianism. They're
54:35
Speaker 1: all egalitarians, haters of business, haters of entrepreneurs, haters of success.
54:42
Speaker 1: And this is a young JD. Events, This is when
54:44
Speaker 1: he was less radical.
54:47
Speaker 2: Has a basic instinctive advantage because they love to use power.
54:50
Speaker 1: But we're just gonna have to get over it, or
54:51
Speaker 1: you have.
54:51
Speaker 2: A conservative movement that very often sort of saw its
54:54
Speaker 2: purpose as scaling back progressive exercises of power rather than
54:58
Speaker 2: pursuing its own ins, and that I think was a
55:01
Speaker 2: really really significant problem. And if there's a sort of
55:04
Speaker 2: distinction between the new right and the old right, and
55:06
Speaker 2: probably again abstractions are always really challenging, but it's probably
55:10
Speaker 2: that the old right was terrified as using power for
55:12
Speaker 2: conservative for conservative is, and the new right is not.
55:15
Speaker 2: Why don't we see them?
55:17
Speaker 1: The new right is not afraid of using power. You
55:21
Speaker 1: all should be really, really really afraid of the new
55:25
Speaker 1: right because they want to use power like the left,
55:31
Speaker 1: and the outcome they want is no different. He just
55:33
Speaker 1: said on outcomes, he agrees with Elizabeth want Boody Sanders,
55:38
Speaker 1: Untlcy got where the defenders of the Trumpet administration. I
55:47
Speaker 1: don't see them in the chat. Maybe somebody can defends of.
55:52
Speaker 2: The Ford Foundation tax their assets and give it to
55:54
Speaker 2: the people who have had their lives destroyed by their
55:56
Speaker 2: radical open borders agenda. You hear this phrase, Steed, You
55:59
Speaker 2: hear this solution, Go woke, go broke right. If the
56:01
Speaker 2: railroad industry has gone woke, and it has. If it's
56:03
Speaker 2: setting off chemical bombs in our communities and it has,
56:07
Speaker 2: isn't it the job of the servants of the people
56:08
Speaker 2: to make them pay up a little bit? Some issues,
56:10
Speaker 2: I'm very traditionally conservative, you know, but like one issue,
56:12
Speaker 2: for example, where I depart pretty strongly from the traditional
56:14
Speaker 2: Republican line is I think a lot of folks in
56:16
Speaker 2: the Republican Party they see what's going on with Google, Apple, Facebook,
56:19
Speaker 2: with big tech writ large, and they say, well, we
56:22
Speaker 2: don't like what they're doing, we don't like the fact
56:24
Speaker 2: that they send their conservatives, but they're private companies and
56:26
Speaker 2: so we can't actually do anything with them. And my
56:28
Speaker 2: response to that is, well, first of all, they're not
56:29
Speaker 2: actually private companies. They benefit from a ton of special
56:31
Speaker 2: government privileges. But also they're just too powerful, Like.
56:36
Speaker 1: Freas speech just went out the window. Guys went out
56:38
Speaker 1: the window, not even pretense of free speech. So what
56:42
Speaker 1: if they're private companies, they're big, and we hate big.
56:46
Speaker 1: Sounds exactly like the left, sounds exactly like Elizabeth Wan.
56:49
Speaker 1: We hate big, and if they're behaving in ways that
56:51
Speaker 1: we don't like, behaving in ways that we don't like
56:54
Speaker 1: whatever that happens to me. By the way, I'm sure
56:57
Speaker 1: right now Twitter would not make that list because Twitter's
57:00
Speaker 1: behaving the way he likes, not the way the left likes,
57:03
Speaker 1: but the way he likes. Who gets to a side?
57:12
Speaker 2: You know?
57:12
Speaker 1: This is uh, this is stunning, and I mean it's
57:17
Speaker 1: really thank you to Jason Hart. By the way, Jason Hart,
57:20
Speaker 1: I think a kind of free market economist. I think
57:26
Speaker 1: who put this compilation together and you can find it online.
57:29
Speaker 1: It goes on. There's another two minutes, minute and a
57:31
Speaker 1: half of this, but you get the drift of this.
57:35
Speaker 1: These guys are really evil. They're really evil. This is uh,
57:44
Speaker 1: this is the kind of country they want to turn
57:46
Speaker 1: us into, a status authoritarian country where the weight uses
57:50
Speaker 1: power to tell us how to live. I mean, he
57:56
Speaker 1: is a He is a student of Beneen Patrick Deneene
58:00
Speaker 1: from Notre Dame, who advocates for the use of government
58:04
Speaker 1: to dictate morality. Indeed, the government should be run based
58:11
Speaker 1: on Christian morality. He's an advocate of Vermule, the law
58:18
Speaker 1: professor at Harvard University, who is a common good conservative
58:22
Speaker 1: who believes that the Constitution means nothing, that what matters
58:25
Speaker 1: is the common good and everything should be interpreted in
58:28
Speaker 1: the context of the common good. Scary stuff, scary scary
58:38
Speaker 1: scary stuff. I'm trying to scare you, guys. I'm trying
58:42
Speaker 1: to get some of you, maybe some of you already
58:45
Speaker 1: there to take the threat from the right seriously. I
58:51
Speaker 1: know some of you want me to play, some of
58:53
Speaker 1: you want you to play. Okay, here's here's the rest
58:55
Speaker 1: of it. However they got there.
58:56
Speaker 2: They're way too powerful and they're way too big at
58:58
Speaker 2: this point.
58:58
Speaker 1: Time to break them up. It's time to story trying
59:00
Speaker 1: to break them up, break up big ten.
59:02
Speaker 2: Whatever is necessary so that we can continue to have
59:04
Speaker 2: a good life in this country that all of us love.
59:06
Speaker 1: Try to do whatever is necessary, whatever is necessary, whatever
59:11
Speaker 1: is necessary.
59:11
Speaker 2: To save our democracy from oligarchs who are taking it away.
59:14
Speaker 1: Oligaus. These guys are alagous Facebook. By the way, the
59:20
Speaker 1: team of Tucker Cuss and Jadvance very close, still very close.
59:23
Speaker 1: In spite of Techer Cosson going completely nuts and of
59:27
Speaker 1: the off the reservation, they're still very close. Can you
59:31
Speaker 1: imagine a Jdvance president with his chief advisor being Tucker Calson? Uh?
59:38
Speaker 1: Jdvans is no friend, He's a friend of Russia. He
59:42
Speaker 1: hates Zelenski. He's no friend of Israel. At the end
59:46
Speaker 1: of the day. He might pretend to be, but he's not.
59:50
Speaker 1: Remember Tucker Causon's trajectory. He's certainly no friend of capitalism.
59:58
Speaker 1: There's just no pluses, no virtues. He's not woke, although
1:00:03
Speaker 1: he might be woke, right.
1:00:05
Speaker 2: Google, well, especially Twitter, YouTube, These companies all really do
1:00:09
Speaker 2: control one information gets out there in public school?
1:00:11
Speaker 1: Do you hear YouTube's coming after you?
1:00:12
Speaker 2: Is when you know, more establishment style conservers will say, well,
1:00:15
Speaker 2: you can't do anything about this. They're private companies. Yeah, Well,
1:00:17
Speaker 2: first of all, that's totally b us. They've benefited from
1:00:19
Speaker 2: any number of special government privileges. They're not.
1:00:22
Speaker 1: So that means that everybody's benefited from government privileges is
1:00:24
Speaker 1: not private anymore. By the way, all of you have
1:00:26
Speaker 1: driven on government roads. You probably went to goverment schools.
1:00:29
Speaker 1: You you probably benefit someone from goverment healthcare. You've all
1:00:33
Speaker 1: benefited somewhat from government, and some of you might have
1:00:36
Speaker 1: benefited from the minimum wage and benefited from you know,
1:00:39
Speaker 1: all those all those all those benefits that you get
1:00:43
Speaker 1: from your employer, that's all government mandated see, you've all
1:00:46
Speaker 1: benefited from goverment, and then for none of you a
1:00:48
Speaker 1: private all of you are basically owned by the government,
1:00:52
Speaker 1: you know, and therefore they can control tell you what
1:00:55
Speaker 1: to do, tell you what to say, tell you how
1:00:57
Speaker 1: to behave you had just pawns because the government is
1:01:03
Speaker 1: because the government has touched to you in some way.
1:01:08
Speaker 1: God forbid, the concept of freedom come up.
1:01:10
Speaker 2: Really private companies. They're basically behemoths that have been built
1:01:13
Speaker 2: on the back of special protections from the government. The
1:01:15
Speaker 2: other piece of it is that even if they were
1:01:17
Speaker 2: truly private companies, which again they're not, I care more
1:01:19
Speaker 2: about their ability to control the flow of information. They're
1:01:22
Speaker 2: just too powerful, private or public. One of the things
1:01:24
Speaker 2: I think conservatives would push back against is anything that's
1:01:26
Speaker 2: too powerful. And they're way, way, way too powerful. So
1:01:30
Speaker 2: even Facebook are not giving.
1:01:32
Speaker 1: Me even if they were completely private, he says, it
1:01:35
Speaker 1: wouldn't make a different stand. Even if they were completely private,
1:01:39
Speaker 1: it wouldn't make a difference stand because what he's concerned
1:01:42
Speaker 1: about is the common good, the public interest, what's good
1:01:45
Speaker 1: for society. They're just too powerful. They're just too big,
1:01:47
Speaker 1: and he knows how big you should be, right there's
1:01:50
Speaker 1: an optimist size, and JD. Vans or his experts, they
1:01:56
Speaker 1: know they are smart enough Dynata by exactly the eight size.
1:02:00
Speaker 1: A company needs to be.
1:02:07
Speaker 2: Like me because I believe that Americans ought to be
1:02:09
Speaker 2: able to speak their own mind in their own country.
1:02:10
Speaker 2: And I think these companies are too big. We want
1:02:12
Speaker 2: to think that Teddy Roosevelt approach to some of them,
1:02:13
Speaker 2: break them up.
1:02:14
Speaker 1: Wait a second, JD.
1:02:15
Speaker 2: Google is a private company and we have no interest
1:02:18
Speaker 2: in attempting to constrain or control its behavior.
1:02:21
Speaker 1: I know people say that, yeah, what no money you
1:02:23
Speaker 1: say when they do.
1:02:24
Speaker 2: Well, my reaction to that is is, first of all,
1:02:27
Speaker 2: if I'm being honest, I just don't care.
1:02:30
Speaker 1: Go after that. And you got to say as a
1:02:33
Speaker 1: as A as a premium, as a for sticking with
1:02:36
Speaker 1: the video all the way to the end, you got
1:02:38
Speaker 1: Tucka's law laugh, which is the spookiest most evil laugh ever,
1:02:45
Speaker 1: Well not evil really, just ridiculous. So yeah, yeah, you
1:02:51
Speaker 1: gotta see it. You got to hear that is jet Events.
1:02:54
Speaker 1: You can find that video on Twitter or Jason HoTT
1:02:57
Speaker 1: just go to Jason Hart's website. He put it up
1:03:00
Speaker 1: there with an article articulating his case against him, and
1:03:05
Speaker 1: pretty unbelievable, Pretty pretty unbelievab. Why did I put the
1:03:09
Speaker 1: pre show on? That's what it should be. Sorry, I
1:03:14
Speaker 1: just don't care, he said. I just don't care. They're
1:03:16
Speaker 1: private companies, JD. We live in America. Individual rights, freedom
1:03:21
Speaker 1: and and uh, free association and freedom, capitalism, member, free market,
1:03:26
Speaker 1: stuff like that. I just don't care. I have a
1:03:30
Speaker 1: vision and that's what we're going to pursue. I just
1:03:33
Speaker 1: don't care. And then you get Tucker's life perfect perfect? Hi?
1:03:43
Speaker 1: All right, where we yes, it's kind of a anything
1:03:52
Speaker 1: is Let's talk about rfk's new guidelines for saturated fat.
1:04:00
Speaker 1: So FK is going to issue new US Department of
1:04:04
Speaker 1: Health guidelines for saturated fat, and he is going to
1:04:08
Speaker 1: encourage us all to eat more saturated fat. You guys
1:04:13
Speaker 1: do not eat enough saturated fat, it turns out, and
1:04:15
Speaker 1: he wants you to eat more. New dietary guidelines. He
1:04:19
Speaker 1: says that are common sense that stressed the need to
1:04:22
Speaker 1: eat saturated fats of dairy, of good meat, of good
1:04:25
Speaker 1: of fresh meat and vegetables. When we release those, it
1:04:28
Speaker 1: will give everybody the rationale for driving it into our school.
1:04:33
Speaker 1: So we're going to get kids to eat most saturated fat. Now,
1:04:37
Speaker 1: I don't really have a strong position on whether you
1:04:41
Speaker 1: should be eating more saturated fat or less saturated fat.
1:04:45
Speaker 1: But I do have a strong position on the fact
1:04:48
Speaker 1: that it's none of the freaking business of government to
1:04:51
Speaker 1: tell me I'm a saturated fat I should eat. Sorry,
1:04:56
Speaker 1: I feel strongly about this. The food pyramid is attributed
1:05:00
Speaker 1: to the obesity crisis in America. It's probably made us
1:05:04
Speaker 1: less healthy. I don't know if Kennedy's guidelines are right
1:05:08
Speaker 1: or wrong, and it doesn't matter the guidelines. There should
1:05:12
Speaker 1: be no guidelines coming from the government. And it doesn't
1:05:15
Speaker 1: matter if the people in the government are doctor scientists.
1:05:18
Speaker 1: Einstein's what I eat is my business and my doctors.
1:05:25
Speaker 1: I should consult with my doctor. And you know what,
1:05:28
Speaker 1: doctors disagree. I know people who think only eat meat,
1:05:34
Speaker 1: one hundred meat, all day, all night, eat steak. That's it.
1:05:40
Speaker 1: It's called the Carnivo diet, the Eskimo diet. Look Eskimos
1:05:44
Speaker 1: live fine lives and they eat no vegetables, no food,
1:05:48
Speaker 1: they take no vitamins, they only eat meat and they're cool.
1:05:52
Speaker 1: So you should do the same. And then I know
1:05:55
Speaker 1: people who say no, no, no, no, no, you know
1:05:59
Speaker 1: then that that's terrible, that's really, really, really bad. You
1:06:05
Speaker 1: should eat only vegetables. You should be a vegan. And
1:06:10
Speaker 1: there's a lot of science. There's a lot of research
1:06:14
Speaker 1: that shows that vegans live healthy and longer than non vegans.
1:06:18
Speaker 1: I think, I don't know. Esk Himos don't eat berries.
1:06:26
Speaker 1: They're no berries in northern Alaska, southern Alaska, mete No,
1:06:33
Speaker 1: they eat only meat only. So what is right? Well,
1:06:42
Speaker 1: you need to figure that out. Ideally you would get
1:06:47
Speaker 1: help from you a doctor. There are a lot of
1:06:50
Speaker 1: doctors online are pinting about this. I like a tea
1:06:54
Speaker 1: you know, I watch a lot of a teas peed
1:06:57
Speaker 1: Atias videos. But I know some of you hate him,
1:06:59
Speaker 1: and particularly on the diet stuff on food. But the
1:07:04
Speaker 1: point is, yeah, I mean, Nate says Pete's diet is
1:07:10
Speaker 1: the only way, the only way. I mean, it's amazing
1:07:13
Speaker 1: how diet has become religion. There's only one diet. Everybody
1:07:18
Speaker 1: should follow it. There's only one God. Everybody should follow him.
1:07:22
Speaker 1: If you don't eat the right diet, you should feel guilty.
1:07:27
Speaker 1: Not breastfeeding is the original sin. I don't know what
1:07:31
Speaker 1: the right diet is and I'll say something else. Nobody
1:07:37
Speaker 1: Nobody knows what the right diet is. There's a lot
1:07:40
Speaker 1: of debate and disagreement around it. More than that, it's
1:07:44
Speaker 1: not obvious or clear that the right die for you
1:07:47
Speaker 1: is the right die for me. We have different metabolisms,
1:07:51
Speaker 1: we react differently to different foods. Diet is probably personal.
1:08:05
Speaker 1: We're not identical. Our bodies are not identical, absolutely not.
1:08:09
Speaker 1: Our biomeme ole guts is not the same. And you
1:08:16
Speaker 1: know the way our bodies function, the hormone levels are
1:08:20
Speaker 1: not the same. Different males here have different levels of testosterol.
1:08:30
Speaker 1: Females have different levels of estrogen. How does that impact diet?
1:08:34
Speaker 1: How should it impact diet? The idea that we're all
1:08:38
Speaker 1: the same is absurd. In our bodies is absurd and ridiculous.
1:08:41
Speaker 1: It's just not true. And while you can, you can
1:08:47
Speaker 1: come with high probability, you know, lots of sugar is
1:08:51
Speaker 1: probably not good for you. But diet has become religion,
1:08:58
Speaker 1: and JFK has a particular religion. But the point is
1:09:02
Speaker 1: religion has no place in government. Diet has no police
1:09:08
Speaker 1: in government. Science has no police in government. The government
1:09:11
Speaker 1: shouldn't have a position on quantum mechanics. The government shouldn't
1:09:14
Speaker 1: have a position on the best cancer treatment. The government
1:09:18
Speaker 1: shouldn't have a position or what I should eat and
1:09:21
Speaker 1: what my kids should eat. So, whether you agree with
1:09:29
Speaker 1: your off case recommendations or not, just get the government
1:09:34
Speaker 1: out of our pantry. Finally, some good news after all
1:09:41
Speaker 1: that depressing stuff. We've talked a lot over the years
1:09:45
Speaker 1: about how awful San Francisco has become. The homeless problem,
1:09:50
Speaker 1: the exit of all the businesses, the fact that you know,
1:09:54
Speaker 1: much of downtown and Southern Market became like a ghost town,
1:10:01
Speaker 1: the shuttering of businesses, the basically the collapse of hotels collapse,
1:10:07
Speaker 1: not physical collapse, collapse, monetary collapse of hotels in San Francisco,
1:10:12
Speaker 1: the fact that a lot of department stores have left.
1:10:17
Speaker 1: So I thought i'd give you some good us and
1:10:19
Speaker 1: this is a headline the Wall Seat Journal. San Francisco
1:10:22
Speaker 1: emerges from the shadow of a doom loop. Crime is down,
1:10:28
Speaker 1: rents up, and the city is rebounding to large extent
1:10:33
Speaker 1: because of AI, the boom and AI, but also because
1:10:36
Speaker 1: companies are now requiring people to come in and because
1:10:39
Speaker 1: they got rid of their super woke Maya and they're
1:10:43
Speaker 1: clamping down and clearing some of the homeless encampments. I
1:10:47
Speaker 1: still wouldn't go to the ten Deloin district, but generally
1:10:50
Speaker 1: fewer homeless than there was just a little while ago.
1:10:55
Speaker 1: You're seeing more people in the downtown and in the
1:10:59
Speaker 1: tech area around the Salesforce Tower. Restaurants are opening, and
1:11:05
Speaker 1: restaurants seem relatively in gate full. And a lot of
1:11:11
Speaker 1: this is around AI, around the fact that new companies
1:11:15
Speaker 1: are based in San Francisco's because that's where the talent is,
1:11:21
Speaker 1: and the fact that venture capital is investing and people
1:11:27
Speaker 1: are relocating. As a consequence of people relocating to San Francisco,
1:11:30
Speaker 1: rants are up supplying demand. Remember that they were down
1:11:34
Speaker 1: for a long time from twenty two to twenty four.
1:11:38
Speaker 1: Rents plummeted in San Francisco as people were leaving. Now
1:11:40
Speaker 1: they're back up. It's the same as you remember. There
1:11:43
Speaker 1: was a story can New York recover from COVID? Will
1:11:46
Speaker 1: New York ever recover COVID? I know a lot of
1:11:50
Speaker 1: people said, no, New York can never recover. This is
1:11:52
Speaker 1: such a blow, it's finished. Well, it turns out not
1:11:55
Speaker 1: so much. So you know, you're you're you're you're seeing
1:12:07
Speaker 1: new shops opening in downtown San Francisco. Even around the
1:12:11
Speaker 1: civic area, you're seeing, uh, economic activity. I am going
1:12:16
Speaker 1: I'm going to be in San Francisco for a couple
1:12:17
Speaker 1: of days in November. Hotel rates way up. About a
1:12:21
Speaker 1: year ago, you could go to San Francisco and get
1:12:23
Speaker 1: a really nice hotel room at a really nice hotel
1:12:25
Speaker 1: for the cheap. Now in the nice, nice areas and
1:12:29
Speaker 1: the nice hotels rent, you know, room rates are way up.
1:12:35
Speaker 1: So yeah, huge and uh you know and good good
1:12:44
Speaker 1: to see. I mean, San Francisco is still one of
1:12:46
Speaker 1: the three most beautiful cities on the planet. And uh,
1:12:51
Speaker 1: a resurrection of the city, a city coming back, would
1:12:55
Speaker 1: be phenomenal. Another you know, uh, you know, San Francisco's
1:12:59
Speaker 1: always benefit from gold rushes. Currently it's the AI gold rush.
1:13:06
Speaker 1: And you know, one of the big ones is crime
1:13:11
Speaker 1: is done. Burglary is for example, at down twenty eight
1:13:13
Speaker 1: percent this year, which is huge, and overall crime by
1:13:20
Speaker 1: any measure is down quite a bit. All Right, I'm
1:13:24
Speaker 1: going to quick, quick, more quick. One most story that
1:13:27
Speaker 1: could couldn't fit into the title. But you know Trump
1:13:31
Speaker 1: of the one of the things Trump likes to do
1:13:33
Speaker 1: is he likes to promise all of us lower prices.
1:13:36
Speaker 1: I mean, he has advocated for lower oil prices, gasoline
1:13:40
Speaker 1: prices to fill our cause, and he's fulfilled that. Gasoline
1:13:44
Speaker 1: is very cheap right now, and all prices are way down,
1:13:46
Speaker 1: so much down that there's very little drilling in the
1:13:48
Speaker 1: United States because it's very difficult to make money at
1:13:52
Speaker 1: these really cheap oil prices. And but Trump is big
1:13:57
Speaker 1: on lowering prices for consumers and trying to trying to
1:14:01
Speaker 1: manipulate markets to get the prices down. And he did
1:14:04
Speaker 1: that with oil to some extent, and now he's trying
1:14:07
Speaker 1: to do with beef, and part of that is going
1:14:10
Speaker 1: to Argentina and buying huge amounts of beef from Argentina,
1:14:18
Speaker 1: which will lower prices. I mean, that's what happens when
1:14:21
Speaker 1: you buy stuff from overseas and you don't teriff it,
1:14:24
Speaker 1: you don't tax it. What happens is you lower prices. Now,
1:14:28
Speaker 1: if what Trump really wants to do is lower prices,
1:14:31
Speaker 1: then he should reverse all his tariffs that would lower prices. Instead,
1:14:40
Speaker 1: he is selectively choosing the industries in which he is
1:14:47
Speaker 1: lowering prices by guaranteeing purchases I guess and giving exclusions
1:14:54
Speaker 1: to tariffs. Now we know soybean farmers have been really,
1:14:59
Speaker 1: really hood by the tariffs. Well, now you know, now
1:15:04
Speaker 1: that the United States is committed to buying Argentinian beef
1:15:08
Speaker 1: in large numbers, beef prices is going to start declining.
1:15:14
Speaker 1: And guess who's pissed off? All those Trump supporters who
1:15:19
Speaker 1: happened to be cattle farmers, cattle ranchers, not farmers ranchers.
1:15:24
Speaker 1: I'm appalled President Trump, who campaigned on how he loved farmers,
1:15:29
Speaker 1: is putting American farmers out of business by helping Argentinian farmers. First,
1:15:34
Speaker 1: said John Boyd, a cattle and crop farmer and founder
1:15:38
Speaker 1: of the National Black Farmers Association. Trump set us up
1:15:43
Speaker 1: and sold us out Merriwether farms. Dear Poters, Trump, we
1:15:50
Speaker 1: love you and support you, but your suggestion to buy
1:15:53
Speaker 1: bee from Argentina at the stabilized beef prices would be
1:15:56
Speaker 1: an absolute betrayal to the American cattle rancher. Here's the
1:16:07
Speaker 1: lesson learned, and this should have been learned a long
1:16:11
Speaker 1: time ago, and it's a lesson many people know. But
1:16:13
Speaker 1: if theyde anyway, central planning doesn't work, don't try to
1:16:19
Speaker 1: manipulate prices. But if you want American people to do well,
1:16:24
Speaker 1: if you want them to achieve, if you want generally
1:16:26
Speaker 1: wages to go up and purchasing power to increase and
1:16:31
Speaker 1: stand up, living to go up, and cost of living
1:16:34
Speaker 1: to go down, just get out of the frigging way.
1:16:38
Speaker 1: Don't tax us, don't terrif us, don't regulate us. Don't
1:16:44
Speaker 1: tell us which contru should buy beef from for that matter,
1:16:47
Speaker 1: don't tell us how much beef we should eat. Just
1:16:51
Speaker 1: get out of frigging way. Let markets work. Markets in
1:17:01
Speaker 1: other words, freedom an amazing way, amazing way in which
1:17:13
Speaker 1: by which production happens, resources are allocated, and we all
1:17:19
Speaker 1: basically are better of All right, guys, that is the
1:17:30
Speaker 1: news for October twenty first Tuesday. Capitalism works, Markets work.
1:17:39
Speaker 1: Get this. Get out of the way. Just get out
1:17:44
Speaker 1: of the way, all right, Let's go to the super chat.
1:18:05
Speaker 1: I remind you all in our second hour. Yeah, we've
1:18:09
Speaker 1: just passed the threshold of the first hour. We need
1:18:12
Speaker 1: to get to five hundred dollars for two hours. This
1:18:17
Speaker 1: is how I fund the show. This is how I
1:18:19
Speaker 1: allocate time for this show. You know you want the
1:18:24
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Speaker 1: on Twitter, on on something else, then coming over to
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Speaker 1: wants to remind you all that the Atlas Shrugged Essay Contest,
1:20:04
Speaker 1: the Atlas Shrugged Essay Contest is the deadline is October
1:20:10
Speaker 1: thirty first, in two weeks, in a week and a half,
1:20:13
Speaker 1: and you guys should be participating. To learn more about
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Speaker 1: the essay contest and how to participate in what to
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Speaker 1: write and all of that, go to iinran dot oak
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Speaker 1: just to remind you, the top prize is a whopping
1:20:32
Speaker 1: twenty five thousand dollars. I remember when it was five thousand,
1:20:36
Speaker 1: and that's non inflation, all right. And finally, Alex Epstein.
1:20:42
Speaker 1: Alex Epstein is the number one thinker in the world
1:20:47
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1:20:52
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1:20:55
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1:21:11
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Speaker 1: our electricity grid, the attacks on fossil fuels and and
1:21:20
Speaker 1: uh and the the the subsidies to the unreliable energy
1:21:25
Speaker 1: of solar and wind. So check out alex Epstein to
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1:21:42
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Speaker 1: watching the show to consider coming over to YouTube and
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Speaker 1: help help support the show and ask questions and engage.
1:22:05
Speaker 1: All right, not sure what that is, We'll keep that.
1:22:14
Speaker 1: Let's see. All right, let's jump into the super chat.
1:22:20
Speaker 1: What did I want to check? I want to check
1:22:21
Speaker 1: out here. You know, we've got one hundred and seventy
1:22:23
Speaker 1: people watching on Twitter. Come on over to YouTube, one
1:22:27
Speaker 1: hundred and fifty on YouTube. Yeah, you know, consider making
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Speaker 1: a small contribution towards supporting the show by using a
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Speaker 1: sticker like thought criminal they just did. Thank you thought
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Speaker 1: Criminal from the UK, Nottingham from Canada. We've got a
1:22:42
Speaker 1: very international audience here. Well, soon I'm gonna answer a
1:22:46
Speaker 1: question from the Czech Republic and let's see who else
1:22:49
Speaker 1: did a sticker? Ryan from Canada again, Canadians are much
1:22:53
Speaker 1: more generous. What's going on Americans? Stephen Harper, thank you. Yeah,
1:23:01
Speaker 1: lots of Canadians have a big following in Canada. I
1:23:05
Speaker 1: guess Mike Dial, Joseph thank you, and Jonathan Honing thank you,
1:23:10
Speaker 1: Mary Eileen, thank you. Thanks to all the stick of people.
1:23:14
Speaker 1: Stick of people we call them here in Thearon Bookshow.
1:23:17
Speaker 1: All right, Jacob asking a question from the Czech Republic.
1:23:22
Speaker 1: I said I'd make a big donation once I got
1:23:24
Speaker 1: a job I was aiming for. So today this is
1:23:27
Speaker 1: my small celebration. Wouldn't have made the move without the
1:23:31
Speaker 1: moral guidance from Ari. Thank you, Jacob. I really happy
1:23:35
Speaker 1: for you. I'm glad you made the move. Check out
1:23:39
Speaker 1: my Rules for Life, where I talk a lot about
1:23:43
Speaker 1: taking risks and making moves and pursuing life and going
1:23:48
Speaker 1: for it and not settling, not not not settling. And
1:23:53
Speaker 1: I appreciate you choosing to celebrate in this way and
1:23:55
Speaker 1: to celebrate with us. Thank you for your support fifty dollars.
1:24:01
Speaker 1: That is very, very generous and made a real dent
1:24:05
Speaker 1: in achieving the goal. But still need these guys help, Okay, chasbat.
1:24:12
Speaker 1: How long before a completely artificial eye has developed night vision, telescopic, infrared,
1:24:18
Speaker 1: ultra violet video capture, and who knows what else? Yeah,
1:24:21
Speaker 1: and I think it's a while, particularly at high resolution,
1:24:24
Speaker 1: which is what you want. You know, it's probably I
1:24:27
Speaker 1: don't know, several decades away. But yes, I mean, the
1:24:30
Speaker 1: whole robotization of the human mind and our senses is
1:24:37
Speaker 1: going to happen. We are going to be bionic in
1:24:39
Speaker 1: one way or another. We're going to be bionic. We're
1:24:41
Speaker 1: going to have enhanced sensors, enhance abilities, and that is
1:24:47
Speaker 1: a wonderful thing, not a thing to be afraid of,
1:24:49
Speaker 1: but I thing to embrace and celebrate. Human beings are
1:24:53
Speaker 1: going to, in a sense merge with the machines and
1:24:57
Speaker 1: be better for it. Use our capacity to reason, a
1:25:01
Speaker 1: capacity to choose, with the unbelievable capacity to compute, which
1:25:07
Speaker 1: machines have. Thank you, Chez about Jamie. The left seems
1:25:12
Speaker 1: happy to see malays libertarians have fail due to the bailouts.
1:25:17
Speaker 1: But is PACL collapse really Malay's fourth? Who's to blame?
1:25:21
Speaker 1: And why on earth did he did he lose last
1:25:25
Speaker 1: election when he's accomplished so much frustrating? I don't know
1:25:30
Speaker 1: who's to blame. I mean, look, has everything we lay
1:25:33
Speaker 1: done being right? I don't know. I don't know enough
1:25:36
Speaker 1: about that Argentina economy to judge it. You know, the
1:25:40
Speaker 1: economy is definitely shrinking right now. The economy is in
1:25:43
Speaker 1: trouble right now. Could he have done more? I don't know.
1:25:49
Speaker 1: Given that he didn't control parliament, I don't know if
1:25:52
Speaker 1: he could have done more. So we'd like him to
1:25:55
Speaker 1: have done more.
1:25:57
Speaker 2: H But the.
1:25:58
Speaker 1: Collapse, I think to a lot extent was there was
1:26:00
Speaker 1: out of sentiment change the fact that he lost election. Now,
1:26:03
Speaker 1: he lost the election in Bonus IRUs, which was always
1:26:06
Speaker 1: to the left of me Lay, but it was biological
1:26:09
Speaker 1: margin that people thought, and people were led to fear
1:26:14
Speaker 1: that this would result in him losing the election next week.
1:26:18
Speaker 1: I don't know what's going to happen next week. Uh.
1:26:21
Speaker 1: And and you know a lot of economics is based
1:26:25
Speaker 1: on trust and and and and based on positive predictions
1:26:32
Speaker 1: about the future. You invest in the future, and once
1:26:35
Speaker 1: you lose confidence in the future, investment goes down. And
1:26:39
Speaker 1: once investment goes down, fewer people employed, wages go down,
1:26:45
Speaker 1: everything gets hood. So I think it's a changing sentiment
1:26:48
Speaker 1: that changed it, and the collapse of the pay so
1:26:51
Speaker 1: which was a consequence of the changing sentiments. What exactly
1:26:55
Speaker 1: happens from now on we will see and we'll know
1:26:58
Speaker 1: a lot more after the elections next week. Jamie says,
1:27:02
Speaker 1: how would voluntary tax work? I have to think of
1:27:05
Speaker 1: if government tells us we don't have to pay taxes,
1:27:08
Speaker 1: nobody will pay it in military, police, justice system and
1:27:11
Speaker 1: things government should do will cease to exist. Any examples
1:27:14
Speaker 1: in history, No, but there are no examples of history
1:27:17
Speaker 1: of lots of things. There were no examples of history
1:27:19
Speaker 1: of a country founded on a declaration of independence and
1:27:23
Speaker 1: of a constitution like America. So the fact that something
1:27:26
Speaker 1: has not existed in the past doesn't mean it won't
1:27:28
Speaker 1: exist in the future and can't work. I think you're
1:27:31
Speaker 1: completely wrong. I think if the government came to us
1:27:34
Speaker 1: and said, yeah, we're not requiring you to pay taxes,
1:27:37
Speaker 1: we're not requiring you to pay But if you want police,
1:27:40
Speaker 1: if you want a military, if you want a justice system.
1:27:43
Speaker 1: Here's what we on average need people to contribute. I
1:27:47
Speaker 1: think the government would get more than it needs. It
1:27:52
Speaker 1: will run a surplus, which I worry about. You will
1:27:54
Speaker 1: have to be someone in the constitution they have to
1:27:56
Speaker 1: return supluses to the people. There'll be so much money
1:28:00
Speaker 1: they won't know what to do with it. People will
1:28:05
Speaker 1: be so rich, free, benevolent. Remember we have reached a
1:28:11
Speaker 1: change where where the government is shrunk by ninety percent. Well,
1:28:16
Speaker 1: we are free and unbelievably rich because the government is
1:28:19
Speaker 1: shrunk by ninety percent, and therefore we have capitalism, and
1:28:22
Speaker 1: people are innovating and creating and building and making, and
1:28:25
Speaker 1: therefore we're all super rich. And then the government comes said,
1:28:29
Speaker 1: you know, I don't know, something like five percent of
1:28:31
Speaker 1: your income, somewhere between five to ten percent of your income.
1:28:35
Speaker 1: If you did that, we could give you, we could
1:28:38
Speaker 1: protect your rights. I would go, yeah, what a deal.
1:28:41
Speaker 1: Here's a check. Like you guys give checks I don't
1:28:45
Speaker 1: know them, an institute for some abstract idea that maybe
1:28:48
Speaker 1: they'll change the world someday in the future. You give
1:28:50
Speaker 1: checks to you give checks to charities, to help the poor.
1:28:54
Speaker 1: Why would you not give a check for somebody to
1:28:56
Speaker 1: protect you. Why would you not give a check to
1:28:59
Speaker 1: have a milli Why would you not give a check
1:29:01
Speaker 1: to have a functioning justice system that you will benefit from?
1:29:08
Speaker 1: It is so fundamentally basically, you know obvious that people
1:29:13
Speaker 1: would be happy to give their money. It would be
1:29:18
Speaker 1: it's it's the most selfish thing you can do. Protect
1:29:21
Speaker 1: my rights here, you want to protect my rights. Absolutely,
1:29:23
Speaker 1: I want you to protect my rights. Here's a check. No,
1:29:27
Speaker 1: As I said, I think government will have too much money,
1:29:37
Speaker 1: so I absolutely think. And this is you know, the
1:29:40
Speaker 1: difference between Americans and Europeans and maybe Canadians is Canadians
1:29:46
Speaker 1: and Europeans and Israeli is a cynical Oh, nobody will pay.
1:29:50
Speaker 1: But that's not true. It's just not true. It's why
1:29:53
Speaker 1: Americans are generally generous. Why they give a lot of
1:29:55
Speaker 1: money to charity, but not just to charities, to think
1:29:57
Speaker 1: tanks and other things. If you run a think tank
1:30:00
Speaker 1: in Europe, it's almost impossible to raise money because people
1:30:03
Speaker 1: don't write checks. The government does it all. The government
1:30:06
Speaker 1: writes the checks the think texts in Europe, So why
1:30:08
Speaker 1: should you so Americans are very benevolent and therefore happy
1:30:15
Speaker 1: to support causes that they believe in. What is a
1:30:17
Speaker 1: bigger cause to believe in than your own security? The
1:30:21
Speaker 1: objectivity of the law. And you know, if you had
1:30:31
Speaker 1: an opportunity to go into a restaurant and eat and
1:30:36
Speaker 1: walk out without paying and you'll never be caught, would
1:30:39
Speaker 1: you do it? And I think overall the majority of Americans,
1:30:43
Speaker 1: at least in the past, maybe not today, but suddenly
1:30:46
Speaker 1: in the future, in this kind of future, would refuse
1:30:49
Speaker 1: to do it. They would absolutely pay. I want to
1:30:52
Speaker 1: pay for the values I get, which reminds you you, guys,
1:30:54
Speaker 1: should pay for the value you get by listening to
1:30:56
Speaker 1: the show. So stickers questions, Now, one hundred and eighty
1:31:01
Speaker 1: five dollars to go. We've got twenty eight minutes to
1:31:05
Speaker 1: get there. Twenty eight minutes. One hundred and eighty five dollars.
1:31:09
Speaker 1: Not that big of a deal, Not that big of
1:31:12
Speaker 1: a deal, all right, thank you, Jamie chasbad. But you're on.
1:31:25
Speaker 1: If Trump can't play with tariffs, what else can you do?
1:31:27
Speaker 1: Play golf? Trump should play golf twenty four to seven NonStop.
1:31:32
Speaker 1: You should do nothing else but play golf, because he
1:31:34
Speaker 1: playing golf no, he does no harm, does no damage. Jennifer,
1:31:45
Speaker 1: you on. I have been to northern Alaska Eskimo villagers
1:31:49
Speaker 1: and they do pick tun draw berries and preserve them
1:31:53
Speaker 1: to keep for the whole year. Jennifer's just destroyed the
1:31:58
Speaker 1: carnival myth. Have been telling me about Eskimos eating only
1:32:02
Speaker 1: meat and never eating berries for years, and I believe them.
1:32:06
Speaker 1: And Jennifer is just crushed everything I knew about Eskimo diets.
1:32:12
Speaker 1: I believe you. It makes sense. They've got to get
1:32:15
Speaker 1: some of those other vitamins. It's it's it would be
1:32:18
Speaker 1: difficult other ways. So thank you Jennifer for expanding my knowledge.
1:32:26
Speaker 1: I've never been to northern Alaska. This shows you that
1:32:30
Speaker 1: you need firsthand, firsthand proof of stuff. Don't accept just
1:32:35
Speaker 1: the stories people tell you to rationalize what they're doing. Ahdiyev,
1:32:38
Speaker 1: thank you for the sticker. All right, Jennifer Alster says,
1:32:41
Speaker 1: thank you for the great shows. Here are my thoughts.
1:32:44
Speaker 1: Keep weight down, eat variety of foods, exercise, good sleep schedule,
1:32:49
Speaker 1: don't drink too much, no smoking or crack. What have
1:32:52
Speaker 1: you got to get crack? God, I don't get that.
1:32:56
Speaker 1: I figure the rest is in your genes. Listen to
1:32:59
Speaker 1: the dug. Yeah, I mean, look, I like Peter a
1:33:03
Speaker 1: tea as I told you, and Peter basically says, look,
1:33:06
Speaker 1: there's only one thing that is clearly correlated with longevity,
1:33:11
Speaker 1: and that's exercise and particularly muscle mass. You've got to
1:33:15
Speaker 1: be strong. You've got to be able to carry yourself.
1:33:18
Speaker 1: You've got to be able to lift yourself. You've got
1:33:21
Speaker 1: to be able to you've got to be stable. So
1:33:23
Speaker 1: many people die because they fall, because they fall, and
1:33:33
Speaker 1: they they never recover from. Like something like if you're
1:33:38
Speaker 1: in your seventies and you fall and break break a bone,
1:33:41
Speaker 1: break your hip. I think it's a hip, break a hip,
1:33:43
Speaker 1: fifty percent of people are dead within a year. So
1:33:48
Speaker 1: exercise be an exercise for strength. I mean cardio is
1:33:54
Speaker 1: good too, but one important to strength vial to max
1:33:59
Speaker 1: and NA cardiocide. It's viet max. Veal to max is
1:34:02
Speaker 1: the most correlated to longevity. Again, and then when it
1:34:06
Speaker 1: comes to food, we don't know. There's certain things we know.
1:34:10
Speaker 1: Don't eat a lot of sugar. You want to lower
1:34:16
Speaker 1: your APO B, which is in a sense, you want
1:34:19
Speaker 1: to reduce the the the plaque formation in your uteries
1:34:27
Speaker 1: and APO B is a good is a good way
1:34:30
Speaker 1: to measure the risk of platforming in your uteries. You
1:34:33
Speaker 1: want to lower your APO B. You can do that
1:34:36
Speaker 1: by dieting. You can also do a drugs drugs that
1:34:38
Speaker 1: are fairly safe. You can take a statin and lower that.
1:34:41
Speaker 1: You want to lower it as low as possible, as
1:34:44
Speaker 1: low as you can without completely changing your life. You
1:34:48
Speaker 1: probably don't want to eat too much sugar. Uh you
1:34:52
Speaker 1: know some sugar is good for you, But you know
1:34:55
Speaker 1: and and and then eat a bunch of stuff. Eat
1:34:57
Speaker 1: a variety of different foods, viety of vegetable. You eat meat,
1:35:01
Speaker 1: there's nothing wrong with meat. You don't eat eat a
1:35:05
Speaker 1: variety of the things. If you're you know, if you're
1:35:07
Speaker 1: allergic to dairy, don't eat dirty. I don't eat dairy.
1:35:10
Speaker 1: I mean not true. I eat cheese, but I don't
1:35:12
Speaker 1: eat the soft dairy. And uh yeah, exercise now good
1:35:18
Speaker 1: sleep is huge, which where I'm not that strong. Now again,
1:35:24
Speaker 1: this is what I do and it's not. I don't
1:35:28
Speaker 1: know what's good. I don't know with certainty what's good.
1:35:32
Speaker 1: I know with probability. I think what I just told
1:35:34
Speaker 1: you is close to the best science available. But I
1:35:40
Speaker 1: might be wrong. I certainly don't have airy expertise, and
1:35:45
Speaker 1: I don't know with certainty. But I have an opinion.
1:35:47
Speaker 1: And this is my opinion based on my readings and
1:35:50
Speaker 1: my research and what I've looked into and based on
1:35:53
Speaker 1: my own body. So you do your own research figure
1:36:00
Speaker 1: it out. What I don't want is the gunment telling
1:36:02
Speaker 1: us what to do. But the idea that I don't
1:36:04
Speaker 1: have an opinion would be ridiculous. I have a body.
1:36:07
Speaker 1: I need to feed it. I need to decide what
1:36:09
Speaker 1: to eat and what not to eat. The choices I
1:36:12
Speaker 1: make choices are infinite, almost I need to decide what
1:36:15
Speaker 1: to drink, whatnot to drink. I need to decide how
1:36:17
Speaker 1: much the exercise and not exercise. I have to have
1:36:19
Speaker 1: an opinion. Every one of you should have an opinion,
1:36:22
Speaker 1: and that opinion should be based on research. I eat
1:36:28
Speaker 1: dark chocolate. I actually eat ninety percent chocolate with almost
1:36:33
Speaker 1: no sugar in do I. But I read very conflicting
1:36:37
Speaker 1: evidence about chocolate. In some places, it says it's really
1:36:40
Speaker 1: good for you and it has these things that help
1:36:42
Speaker 1: with longevity. Other places say that's all bs. The research
1:36:46
Speaker 1: is not there. One of the things I'm pretty good
1:36:49
Speaker 1: at is knowing what I actually know and what I
1:36:56
Speaker 1: have some sense might be helpful. And you know, I
1:37:00
Speaker 1: take vitamins. I don't know if they're helpful. I think
1:37:03
Speaker 1: they are. I mean, I child towards more helpful than not, right,
1:37:07
Speaker 1: So I think they're probably probably sixty percent. Probably they're helpful.
1:37:12
Speaker 1: I wouldn't take them if it was less than fifty percent,
1:37:16
Speaker 1: but I don't know with certainty. So you know, the
1:37:20
Speaker 1: same with Douk chocolate. It's I eat talk chocolate. I
1:37:23
Speaker 1: hope it's good for me. I like the taste. I
1:37:27
Speaker 1: don't eat a lot of sugar, and I feel much
1:37:29
Speaker 1: better when I don't eat a lot of sugar. And
1:37:30
Speaker 1: when I eat a lot of sugar, I feel like crap.
1:37:33
Speaker 1: So that's a good measure, you know. Test it on yourself,
1:37:37
Speaker 1: make your body a test. If I eat, if I
1:37:38
Speaker 1: eat milk, I feel like crap. So you got to
1:37:43
Speaker 1: you gotta make your own decisions. Jeffys, did they interstate
1:37:50
Speaker 1: ruined trains? Well, they didn't not really. What ruin trains
1:37:55
Speaker 1: was the Interstate Commerce Act in the nineteenth century, which
1:38:02
Speaker 1: created a government regulatory body to regulate trains. So trains
1:38:06
Speaker 1: were in trouble. Really from the beginning because they were regulated,
1:38:11
Speaker 1: and then you know, anti trust was used against the trains,
1:38:15
Speaker 1: and trains became the first industry in the United States,
1:38:19
Speaker 1: maybe the second industry, but first or second to be
1:38:23
Speaker 1: really really really crony, really crony. And you know, so
1:38:35
Speaker 1: uh that ruined the trains in the state was competition
1:38:39
Speaker 1: to the trains. But the reason, one of the reasons
1:38:42
Speaker 1: interstate was built and became so successful is because the
1:38:46
Speaker 1: trains were so pathetic and so behind. Yeah, so regulation
1:39:00
Speaker 1: controls ruin trains well before the interstate highway system. And
1:39:09
Speaker 1: and what's amazing is there's enough traffic to do both.
1:39:14
Speaker 1: It's just that because of all the regulations and controls
1:39:17
Speaker 1: and land regulations and and and controls and prices and
1:39:21
Speaker 1: everything else, it's you know, it's almost impossible to make
1:39:31
Speaker 1: enough money on trains and to and to find enough
1:39:33
Speaker 1: investors and trains to actually modernize them so that they
1:39:37
Speaker 1: really compete with the high ray system. Mhm, Michael, is
1:39:44
Speaker 1: we lay leafs and bounds better than Thatcher and Reagan. Yeah,
1:39:51
Speaker 1: probably from from an economic perspective. Probably. Now we'll see
1:39:55
Speaker 1: what he does if he gets a parliamentary majority, and
1:39:58
Speaker 1: and and can use it. But yeah, he's also starting
1:40:02
Speaker 1: at a more negative point in the sense that Argentina
1:40:05
Speaker 1: was more of a basket case than either England or
1:40:08
Speaker 1: the United States were at that point. All Right, guys,
1:40:12
Speaker 1: we are still one hundred and fifty dollars short. Thank
1:40:14
Speaker 1: you Nicholas for the sticker, and thank you Paul for
1:40:19
Speaker 1: the sticker. We're still one hundred and fifty and we've
1:40:22
Speaker 1: got eighteen minutes. Eighteen minutes for one hundred and fifty dollars.
1:40:30
Speaker 1: That's less than ten dollars a minute, so we can
1:40:35
Speaker 1: do that. Maybe we'll see. All right, Jamie, what's a
1:40:40
Speaker 1: realistic way we can transition away from federalz the Bank
1:40:44
Speaker 1: of Canada? Would American dollar cease to exist? Would banks
1:40:50
Speaker 1: all have their own money? How would that system work? Feasible? Yeah,
1:40:54
Speaker 1: I think it is feasible. Banks would issue their own currency,
1:40:58
Speaker 1: not all banks. You'd probably have a few very large banks,
1:41:02
Speaker 1: maybe the top three, the top five, the top ten
1:41:04
Speaker 1: banks issuing currency, and the entire system using that currency.
1:41:09
Speaker 1: That councy would probably be redeemability into gold, and the
1:41:14
Speaker 1: gold would be held by those by banks to be
1:41:18
Speaker 1: redeemed at any one of any one of the levels,
1:41:21
Speaker 1: but most that gold will be redeemed by the very
1:41:25
Speaker 1: large banks. MMT is complete BS and the way to
1:41:33
Speaker 1: get there, the way to get there realistically not realistic
1:41:37
Speaker 1: in a sense that it w what happened because it
1:41:38
Speaker 1: won't happen because this is not going to happen in
1:41:41
Speaker 1: my lifetime or probably your lifetime. But is for example,
1:41:44
Speaker 1: to say a year from today or first of January
1:41:48
Speaker 1: twenty twenty seven, we are going to shift a gold standard.
1:41:52
Speaker 1: We're going to tie the dollar to the price of
1:41:57
Speaker 1: gold on that day, whatever the price of gold is
1:41:59
Speaker 1: on that day, that is the dollar, and let the
1:42:02
Speaker 1: market decide what gold is worth. Then uh, make all
1:42:08
Speaker 1: dollars redeemable into into gold. That is, uh, the FED
1:42:15
Speaker 1: would stop printing dollars and and and but make them
1:42:20
Speaker 1: adeemable and then slowly start the process of the FED
1:42:24
Speaker 1: stopping to issue dollars, reallocating gold to extend you know
1:42:32
Speaker 1: that that's unreserved to Fed two various banks out there,
1:42:37
Speaker 1: to the banks that are ultimately going to be the
1:42:39
Speaker 1: issue councy issuers in exchange for the dollars, and slowly
1:42:46
Speaker 1: sucking the existing dollar out of the economy. And what
1:42:50
Speaker 1: you would get is a JP Morgan Chase dollar and
1:42:54
Speaker 1: a City Bank dollar and a Bank of America dollar. Uh,
1:42:58
Speaker 1: and those would serve as the councy. Now, now again,
1:43:01
Speaker 1: that's very feasible, particularly in a digital world where you're
1:43:03
Speaker 1: not literally carrying around gold and you're not literally carrying
1:43:06
Speaker 1: around dollar dollar bills. Is it is feasible, It's doable.
1:43:13
Speaker 1: It would dramatically improve the economy, dramatically improve our eliminate inflation,
1:43:20
Speaker 1: but unlikely to ever happen, not ever, unlikely to happen
1:43:24
Speaker 1: before there's a major philosophical revolution in the world. And
1:43:28
Speaker 1: that's as far as I can tell. Far off did
1:43:32
Speaker 1: Milton Friedman change the world. I mean, he had an
1:43:34
Speaker 1: impact on the world. You know, he definitely helped bring
1:43:39
Speaker 1: about the turn to the rights in the sense of
1:43:42
Speaker 1: economic right that Ronald Reagan and Marga Thatcher were part of.
1:43:47
Speaker 1: I think so did Miases, and so did Hayek, and
1:43:50
Speaker 1: so did I Rant. I think those four had a
1:43:54
Speaker 1: big impact on shifting in the nineteen seventies, on shifting
1:43:59
Speaker 1: a away from Knezianism towards a free market and towards
1:44:05
Speaker 1: a free market in the UK and in the United
1:44:08
Speaker 1: States and ultimately on a global scale. Milton Frieda was
1:44:17
Speaker 1: not profiat at the end of his days. He was
1:44:21
Speaker 1: most of his career profit but towards the end of
1:44:23
Speaker 1: his days he believed that the FED should be abolished
1:44:28
Speaker 1: and we should go to a some kind of gold standard.
1:44:34
Speaker 1: So I'd say, in the last fifteen years of his life,
1:44:38
Speaker 1: I think that's what he held. Michael, it's Trump really
1:44:42
Speaker 1: marketing and marketing genius or does he just happen to
1:44:45
Speaker 1: be a rabbit dog in a time and place that
1:44:48
Speaker 1: was looking to make a rabbit dog? Improt I think both.
1:44:51
Speaker 1: I think he's a rabbit dog in a sense, but
1:44:53
Speaker 1: he's also really good at marketing. You can see that
1:44:55
Speaker 1: with his properties. But you can also see that in
1:44:58
Speaker 1: how quickly he pivots and changes his mind on things
1:45:01
Speaker 1: based on what he thinks will sell to his audience.
1:45:06
Speaker 2: Ye.
1:45:06
Speaker 1: But yeah, but I think he's both. I think he's both.
1:45:13
Speaker 1: Mary Alan says, I know a number of Indian immigrants
1:45:15
Speaker 1: who celebrate Diwali and have a Christmas tree. They kids
1:45:19
Speaker 1: love it. Yeah, I mean more presence for them, absolutely,
1:45:22
Speaker 1: why not celebrate more holidays? Kids love that. Matt the
1:45:28
Speaker 1: right is worse. They both have the same evil principle
1:45:31
Speaker 1: or lack of them entirely, but focus on different groups.
1:45:35
Speaker 1: But the right is far more effective yep, I agree,
1:45:40
Speaker 1: far more effective, and because they're more integrated, and because
1:45:44
Speaker 1: they have a principle in which they integrate religion. This
1:45:47
Speaker 1: is the dim hypothesis and nationalism nationalists religion a powerful
1:45:52
Speaker 1: uniting principles that integrate into something. And we're integrating being
1:45:57
Speaker 1: even if that integration is wrong. We'd rather integrate than not.
1:46:02
Speaker 1: Z four hundred race, thank you for playing last clip.
1:46:06
Speaker 1: Unreal How brazen he is? Yeah, I mean he tells
1:46:09
Speaker 1: you what he thinks. We just need to believe him.
1:46:12
Speaker 1: The mixed economy matches. The mixed economy will always lead
1:46:15
Speaker 1: to advanced warrant types. It's a slippery slope pointing towards
1:46:19
Speaker 1: a dark pit. It's immoral and thus does not work. Yep. Absolutely,
1:46:24
Speaker 1: It's an unstable equilibrium that leads towards more statism unless
1:46:31
Speaker 1: you managed to change the world and move it towards
1:46:34
Speaker 1: greater freedom. Mats says, Goverment overreach has cannabis. Government overreach
1:46:40
Speaker 1: has cannabis still listed as a Schedule one drug. Good thing.
1:46:44
Speaker 1: I have no qualms with breaking laws that don't violate
1:46:47
Speaker 1: anyone's rights. Well, I don't use cannabis never. You know,
1:46:51
Speaker 1: I've tried it once, but I don't use cannabis. But
1:46:56
Speaker 1: and I'm skeptical about how good it is for you.
1:46:59
Speaker 1: But yeah, the government should have no business but of
1:47:01
Speaker 1: course shouldn't have any business in the crack or haver
1:47:03
Speaker 1: in business either. It should get out of the way. Newpaul,
1:47:11
Speaker 1: what's your take on UK versus Argentina war. I'm on
1:47:14
Speaker 1: the UK side. I mean UK provided the islands of
1:47:17
Speaker 1: Falkland with freedom. Argentina was ruled by a military government,
1:47:22
Speaker 1: it lacked freedom. I'm always for the side that is
1:47:24
Speaker 1: pro freedom. I don't care who owned what when. I
1:47:28
Speaker 1: am just about liberty. And if you get more freedom
1:47:32
Speaker 1: under the Brits, even if they're eight thousand miles away,
1:47:35
Speaker 1: go with the Brits. Christos. When you see your life
1:47:42
Speaker 1: in business depending on the mood of your president and
1:47:45
Speaker 1: you can't plan, you know your society is doomed and
1:47:48
Speaker 1: dictatorship is either here or likely coming next. Sadly, I
1:47:52
Speaker 1: think that's all true, and it is very scary times
1:47:54
Speaker 1: in that sense because this president is it really isnts
1:48:00
Speaker 1: and so much of our prosperity and our success in
1:48:05
Speaker 1: the future depends on decisions made by this, this emotionless
1:48:12
Speaker 1: goon right loan descent. A last question, last question. If
1:48:19
Speaker 1: you want to support the show, now is the time.
1:48:21
Speaker 1: Because this is the last question, do a stick up quickly?
1:48:25
Speaker 1: Blue Jays or Dodgers. Hmmm, that's a tough one. I
1:48:30
Speaker 1: can't support the Chase because they're the Red Sox rivals.
1:48:35
Speaker 1: So I'd have to go with the Dodgers, La Dodgers,
1:48:38
Speaker 1: Brooklyn Dodgers. They have an amazing history, but not because
1:48:44
Speaker 1: I know anything about anybody. I don't follow baseball, and
1:48:48
Speaker 1: you know, I only follow baseball when the Red Sucks
1:48:50
Speaker 1: are doing well, and they haven't done well in a
1:48:52
Speaker 1: long time. All right, guys, Tomorrow we will have a show,
1:48:59
Speaker 1: but be a little early. So tomorrow the show is
1:49:04
Speaker 1: a plan for two What are saying? When is the
1:49:08
Speaker 1: show Tomorrow? The show's planning for one pm, one pm
1:49:15
Speaker 1: Eastern time, so two hours early because I have to
1:49:18
Speaker 1: catch a flight. So we'll do a quick show tomorrow
1:49:24
Speaker 1: one pm, a new show, and then on Thursday, Thursday
1:49:28
Speaker 1: we'll be touching go. It depends where they have time
1:49:32
Speaker 1: exactly what's going on when I'm gonna be in New
1:49:35
Speaker 1: York on Thursday. I'm traveling from Philadelphia to New York
1:49:40
Speaker 1: on a wonderful train system, so I'm hoping to get
1:49:43
Speaker 1: New York and time to do a show. I've got
1:49:45
Speaker 1: a dinner in the evenings. You can't do it in
1:49:46
Speaker 1: the evening. We'll see if it works out otherwise, I
1:49:49
Speaker 1: hope to do a show on Saturday. All right, guys,
1:49:53
Speaker 1: I will see you tomorrow. Oh, Tessa, did you watch
1:49:58
Speaker 1: any of What's the question? Did you watch any of
1:50:03
Speaker 1: the Outlander series? Thirty second opinion? I watched the beginning.
1:50:08
Speaker 1: I watched a few chapters of the first season, a
1:50:10
Speaker 1: few episodes of the first season. I couldn't get into it.
1:50:15
Speaker 1: Couldn't get into it. I know a lot of people
1:50:16
Speaker 1: who love the series, who think it's fantastic, but I
1:50:20
Speaker 1: didn't find it interesting enough. I know it's very romantic
1:50:24
Speaker 1: and romantic instence of love, but I just couldn't buy
1:50:28
Speaker 1: into the premise and couldn't get into the relationships. The
1:50:32
Speaker 1: characters didn't interest me enough. But that's just me. I
1:50:36
Speaker 1: know a lot of people really really loved it. All right, guys,
1:50:40
Speaker 1: I will see you tomorrow. Bye, everybody,