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Gaza; Ukraine; Bolivia; I-5; Debt; AWS; Jewel Heist; Eye Implant; Waymo | Yaron Brook Show · Yaron Brook Show

• 0:02
  Speaker 1: A lot of them, fosdoti and any the divisional wats.
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• 3:03
  Speaker 1: shake my hand, say hi, it'll it'll be fun. That'll
• 3:06
  Speaker 1: be great. Thank you. All right, let's jump in Gaza.
• 3:10
  Speaker 1: That didn't take long. It didn't take long in the
• 3:14
  Speaker 1: sense that you know, we now have a uh. The
• 3:20
  Speaker 1: ceasefire was broken over the weekend by hamas Uh. They
• 3:23
  Speaker 1: attacked a group of soldiers in Rafa, and now Rufa
• 3:28
  Speaker 1: is within the area that is under Israeli control. It's
• 3:34
  Speaker 1: not the area that we're from, which Israel Withdrew Ramas
• 3:39
  Speaker 1: of course, says, oh, that's a rogue unit. They didn't
• 3:42
  Speaker 1: get the memo that there was a cease fire. Israel
• 3:45
  Speaker 1: didn't take it that way. Israel viewed as a as
• 3:48
  Speaker 1: a break of ceasefire. Two soldiers were killed, tragic and uh,
• 3:54
  Speaker 1: you know, a couple were injured. Israel then started bombing
• 4:00
  Speaker 1: h bombing campaign within within the areas controlled by by
• 4:07
  Speaker 1: the hamas Uh and elsewhere, bombing a lot of the tunnels.
• 4:13
  Speaker 1: We'll get to that later. Bombing a lot of the tunnels.
• 4:17
  Speaker 1: And the Americans freaked out. So the Trump administration freaked out,
• 4:21
  Speaker 1: and they were very upset. They immediately called Israelis told
• 4:25
  Speaker 1: him to stop. Israel try to resist. Ultimately, the story
• 4:29
  Speaker 1: is that Trump kind of put his foot down and
• 4:32
  Speaker 1: h and the Israel leads stopped. Oh no, this was
• 4:34
  Speaker 1: just a misunderstanding. It turns out Hamas is saying and
• 4:40
  Speaker 1: this is fires back on. Not only that, but the
• 4:44
  Speaker 1: administration are sent out Wi Coough and what's his name,
• 4:51
  Speaker 1: the son in law, Josh, Josh whatever his name is. H.
• 4:58
  Speaker 1: They send him two is well. They arrive today, uh,
• 5:02
  Speaker 1: and to try to put pressure on Israel to go
• 5:04
  Speaker 1: get back into the negotiating mood. And tomorrow tomorrow we're
• 5:10
  Speaker 1: going to see Jade Vance arrive in Israel for kind
• 5:13
  Speaker 1: of a formal VP visit again to put pressure on
• 5:17
  Speaker 1: Israel to sustain the ceasefire. While the negotiation is going on.
• 5:23
  Speaker 1: In the meantime, the administration is putting almost all of
• 5:26
  Speaker 1: its eggs, it seems, in the basket of Katau Kato
• 5:30
  Speaker 1: is Jared Kushner, Thank you, Jared kush kata is the
• 5:37
  Speaker 1: the hope, the salvation of I guess the gods, the
• 5:40
  Speaker 1: strip and the Americans are putting a lot of their
• 5:45
  Speaker 1: faith in in the Kataris and So the negotiation is
• 5:51
  Speaker 1: going to start up on the fase two of the ceasefire,
• 5:55
  Speaker 1: which would require the disarmament of Ramas and then of
• 6:00
  Speaker 1: an international a peace keeping force made up of a
• 6:03
  Speaker 1: primarily from the Arab nations. But here's the reality. The
• 6:09
  Speaker 1: reality is that kata Is out there saying to the
• 6:13
  Speaker 1: world that Hamas is not going to disarm. The Hamas
• 6:17
  Speaker 1: is going to be have to be a part of
• 6:20
  Speaker 1: the long term solution, that there is no deradicalization, a disarmament,
• 6:27
  Speaker 1: or taking Hamas out of the picture. They're going to
• 6:30
  Speaker 1: be part of whatever peace agreement is going to happen. Now,
• 6:34
  Speaker 1: these supposed they were red lines for Israel and red
• 6:37
  Speaker 1: lines for this administration, but the Qataris are just ignoring
• 6:41
  Speaker 1: that completely and basically dictating kind of their terms. And
• 6:47
  Speaker 1: it is it's quite shocking the extent to which the
• 6:50
  Speaker 1: Katari seem to have their clause, their fangs, whatever you
• 6:54
  Speaker 1: want to call it, into this administration. Certainly, I understand
• 6:59
  Speaker 1: the financial interest that both Jared Kushna, the Trumps and
• 7:05
  Speaker 1: Witkoff have in Kataar and katar Is using that. We
• 7:11
  Speaker 1: also know about the gift the Katari's game to the
• 7:14
  Speaker 1: President of the United States one hundred million dollar gift.
• 7:17
  Speaker 1: Something doesn't smell right there about getting a gift like
• 7:20
  Speaker 1: that from anybody, never mind a found government who is
• 7:23
  Speaker 1: not a friend of the United States. But put that aside. Anyway,
• 7:27
  Speaker 1: the Katari's are insisting on a central role here together
• 7:33
  Speaker 1: with them other Toks and the Egyptians. Toki is not
• 7:37
  Speaker 1: really interested in actual peace long term. They want to
• 7:41
  Speaker 1: peer friendly to the United States so they get their
• 7:43
  Speaker 1: thirty fives. But ultimately Toki and Kata's agenda is very
• 7:50
  Speaker 1: much aligned around support for the Muslim Brotherhood. The Muslim
• 7:54
  Speaker 1: Brotherhood is the parrot organization, if you will, of all
• 7:58
  Speaker 1: the Sunni tourist organizations out there, from a Kaita to Isis,
• 8:02
  Speaker 1: certainly to Ramas which used to be called the Muslim
• 8:04
  Speaker 1: Brotherhood of Palestine. Uh. The Qatari is the base of
• 8:09
  Speaker 1: the Muslim Brotherhood in the world, the global base that
• 8:13
  Speaker 1: is where its preachers disseminate information that it's where it's
• 8:16
  Speaker 1: headquarters are. Everything happens happens through Qatar. And yet the
• 8:20
  Speaker 1: United States treats them as an ally and a friend,
• 8:23
  Speaker 1: and the Kataris in the Turks have every intention of
• 8:25
  Speaker 1: keeping Ramas well established in the Gaza strip. Now Trump
• 8:32
  Speaker 1: keeps saying that's unacceptable and that won't happen, and and
• 8:36
  Speaker 1: they if they if the Haramas doesn't disarm and so on,
• 8:39
  Speaker 1: they will be destroyed. But we've heard that kind of
• 8:41
  Speaker 1: language before and there's no indication and no suggestion that
• 8:44
  Speaker 1: he can follow up on that. Uh, these relies keep
• 8:47
  Speaker 1: saying we will not cut a deal. But you know,
• 8:50
  Speaker 1: the appetite for war right now in Israel is very low.
• 8:53
  Speaker 1: Hostages are back, Zoe kind of wants to get on
• 8:57
  Speaker 1: with life. They want to go on with living. The
• 9:00
  Speaker 1: tired of war. They've been going at war for two
• 9:03
  Speaker 1: years now, so just have been dying. Uh. You know,
• 9:07
  Speaker 1: parents have been worried about their kids in Gaza, and
• 9:10
  Speaker 1: they just want to get on with things. And yet
• 9:14
  Speaker 1: Ramas is still there. The political leaders are saying we
• 9:18
  Speaker 1: got to take care of Ramas, and Israeli public is yeah,
• 9:21
  Speaker 1: we kind of know, but we'd rather just we'd rather
• 9:23
  Speaker 1: just evade that so we can get on with life.
• 9:26
  Speaker 1: Which is how is those behaved for decades now, which
• 9:31
  Speaker 1: why we got October seventh, you know, partially because the
• 9:34
  Speaker 1: political leaders went along with the Israeli public and evading
• 9:37
  Speaker 1: the threat. Trump just wants an over price. He just
• 9:41
  Speaker 1: wants somehow to be resolved. He's not interested in the details.
• 9:45
  Speaker 1: He suddenly is not interested in justice and and and
• 9:49
  Speaker 1: has no problem cutting deals with evil uh and and
• 9:54
  Speaker 1: is aligning himself with the Kataris and is going to
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  Speaker 1: to a large extent, seems to be willing to let
• 10:00
  Speaker 1: the Katai's managed the process of moving forward. He from
• 10:04
  Speaker 1: his perspective, the hostage has got released, everything else is
• 10:08
  Speaker 1: in detail figured out. Who cares? But the reality is
• 10:14
  Speaker 1: the Katais and the talks are going to be the
• 10:18
  Speaker 1: ones moving this forward, pushing this and their push is
• 10:22
  Speaker 1: going to be for keeping Ramas, keeping Amas armed, keeping
• 10:26
  Speaker 1: Amas involved in the political posts. One way or the other,
• 10:29
  Speaker 1: these Aelis will resist that. The US will try to
• 10:33
  Speaker 1: balance the two interests. I don't think the US negotiators
• 10:37
  Speaker 1: have a strong are going to insist strongly one way
• 10:40
  Speaker 1: or the other. How to tell where this goes? Now?
• 10:43
  Speaker 1: What's interesting in all of this is that maybe the
• 10:47
  Speaker 1: most important potential players in the Middle East are not
• 10:50
  Speaker 1: really involved here and on purpose, like Saudi Arabia and
• 10:55
  Speaker 1: the United Arab Emirates, have basically said to themselves, said
• 11:00
  Speaker 1: to the Americans, you are being fooled by the Qataris.
• 11:05
  Speaker 1: The Qataris do not have you know, they're not interested
• 11:11
  Speaker 1: in actually disarming Ramas. We do not want Hamas. We
• 11:15
  Speaker 1: are not going to put money into rebuilding Gaza. We're
• 11:18
  Speaker 1: not going to put troops in for a peacekeeping force
• 11:22
  Speaker 1: as long as Ramasa is in the presence. You know,
• 11:26
  Speaker 1: the officials, Saudi officials constantly warning the Americans about the
• 11:30
  Speaker 1: Katari and the Turks and what they want. And for
• 11:36
  Speaker 1: now they are completely staying out of it. They are
• 11:39
  Speaker 1: not involved, and of course without them, it's going to
• 11:42
  Speaker 1: be very difficult to establish establish anything. The Hamas are
• 11:47
  Speaker 1: confident enough right now that they are out there telling
• 11:51
  Speaker 1: the world we're not going to disarm. So a senior
• 11:54
  Speaker 1: Ramas official in Kata yesterday before yesterday basically said, Kramas
• 11:59
  Speaker 1: will not We will maintain control of a Gauza security.
• 12:03
  Speaker 1: This ceasefire is only temporary, Hudna Judna is a temporary
• 12:08
  Speaker 1: peace before the next the next war. He says, a
• 12:12
  Speaker 1: pause to rebuild our strength and re gain some breathing room.
• 12:18
  Speaker 1: So Trump is basically handed in the Israelis have handed
• 12:21
  Speaker 1: Ramas a pause to rebuild, to get stronger, and and
• 12:26
  Speaker 1: and some breathing room. And yesterday when Israel was saying, oh,
• 12:29
  Speaker 1: they violated the ceasefire, let's go in and crush them,
• 12:32
  Speaker 1: Trump said, oh, no, no, no, no, no, no, no, can't
• 12:34
  Speaker 1: do that. You got to give them the breathing room.
• 12:36
  Speaker 1: You got to let them rebuild. I mean he didn't
• 12:39
  Speaker 1: say that, but that's the implication. And uh, and and yeah,
• 12:44
  Speaker 1: I mean basically, basically, the Trump administration is, you know,
• 12:51
  Speaker 1: allowing Ramas to re establish itself, to kill all their
• 12:56
  Speaker 1: opponents within the areas that they control. Uh. One of
• 13:00
  Speaker 1: the things that they're doing right now is they're going
• 13:03
  Speaker 1: around all the gods of the strip and trying to
• 13:07
  Speaker 1: find munitions, Israeli munitions that maybe haven't exploded, you know,
• 13:12
  Speaker 1: to get the gunpowdered out of it in order to
• 13:14
  Speaker 1: turn them into IEDs. Uh. They are re arming themselves.
• 13:17
  Speaker 1: They are they're recommitting themselves. I mean, look, Hamas is
• 13:21
  Speaker 1: a jihadi organization. They believe in fighting to the death.
• 13:25
  Speaker 1: They believe if they die fighting, they go to heaven
• 13:27
  Speaker 1: against seventy two virgins. They're completely committed to dying or
• 13:32
  Speaker 1: fighting the Israelis, and you know, they succumb to pressure
• 13:39
  Speaker 1: because of the American pressure to release the hostages, but
• 13:42
  Speaker 1: they have no intention of disarming, no intention of giving up,
• 13:47
  Speaker 1: no intention of disappearing, of fading into the mist. And
• 13:51
  Speaker 1: indeed they view this this fire as weakness on the
• 13:54
  Speaker 1: part of the West. And this example now of they
• 13:58
  Speaker 1: violated these fire is responded and Trump puts pressure on
• 14:01
  Speaker 1: Israel to stop. They just that just reaffirms the commitment
• 14:06
  Speaker 1: to continue their battle. Also, the other thing you have
• 14:08
  Speaker 1: to remember is they truly believe that they're winning, and
• 14:13
  Speaker 1: they are right. It's not just that they believe they're
• 14:16
  Speaker 1: actually correct in this that they're winning the pr game,
• 14:21
  Speaker 1: that they're winning the huts and minds of the global population,
• 14:25
  Speaker 1: that Israel is becoming a pariah state in the world,
• 14:31
  Speaker 1: and that the longer they persist and the longer they
• 14:34
  Speaker 1: get Israel to bomb, you know, the more the more
• 14:41
  Speaker 1: Israel will be demonized and that will only strengthen them.
• 14:44
  Speaker 1: And the fact that Western leaders recognize the Palestinian state
• 14:48
  Speaker 1: emboldens Hamaster to continue. So you know, within that area
• 14:54
  Speaker 1: that about controls they have regained, They control over the
• 14:58
  Speaker 1: civilian of the population there, and they are rearming themselves,
• 15:03
  Speaker 1: they're preparing for war there, preparing to fight against the Israelis.
• 15:08
  Speaker 1: They don't have a chance, and they know that, they
• 15:10
  Speaker 1: know they're going to lose, but they want to lose
• 15:14
  Speaker 1: in a huge blaze of fire with a lot, a
• 15:18
  Speaker 1: lot of civilian casualties so that they can establish the genocide,
• 15:25
  Speaker 1: the fact that Israel is the bad actor. So you know,
• 15:34
  Speaker 1: that's what we are. You know, if you know the region,
• 15:37
  Speaker 1: if you know anything about the conflict, you know that
• 15:39
  Speaker 1: is going to be the outcome. And yet it is
• 15:43
  Speaker 1: super sad to see the American but not surprising the
• 15:48
  Speaker 1: Menican administration putting pressure on Israel of all places. And
• 15:52
  Speaker 1: what they should be doing is kicking out the Katari's,
• 15:54
  Speaker 1: kicking out the talks, handing organizational responsibilities over to the
• 15:59
  Speaker 1: Saudi and to the oe who are much more moderate,
• 16:03
  Speaker 1: who or much more interested in actual peace. Even the Egyptians,
• 16:06
  Speaker 1: I think, are interested in ultimately the collapse of Hamas.
• 16:10
  Speaker 1: The worst thing for Egypt is Hamas being more powerful,
• 16:14
  Speaker 1: but also Egypt doesn't want Israel to kick out Hamas
• 16:18
  Speaker 1: into Egypt. That would be horrific. The last thing Egypt
• 16:24
  Speaker 1: wants is more Muslim Brotherhood, more Hammas in its territories.
• 16:29
  Speaker 1: Egypt has been fighting the Muslim Brotherhood, fighting spinoffs of
• 16:33
  Speaker 1: the Muslim Brotherhood for decades, and they don't need a
• 16:37
  Speaker 1: boost to their numbers that could be provided by the
• 16:41
  Speaker 1: collapse of Hamas and deportation of Ramas members. Out of
• 16:45
  Speaker 1: the Godly script. They want Hamas defeated or Hamas victorious,
• 16:49
  Speaker 1: but they don't want a middle ground. And I guess
• 16:53
  Speaker 1: I think the Egyptians sense a weakness in the Americans
• 16:56
  Speaker 1: and therefore applaying for Ahmas victory. So one of the
• 17:06
  Speaker 1: things we saw in the Israeli response to the Hamas
• 17:11
  Speaker 1: breaking the ceasefire over the weekend is the extensive bombing
• 17:17
  Speaker 1: that Israel engaged in over Hamas tunnels, Tunnels that Israel
• 17:24
  Speaker 1: has known have existed for a long time, tunnels out
• 17:29
  Speaker 1: of which Hamas has attacked Israeli positions and indeed killed
• 17:35
  Speaker 1: Israeli soldiers. One tunnel in particular there was attacked yesterday
• 17:43
  Speaker 1: was a tonne of the Hamas terrorists used to launch
• 17:45
  Speaker 1: an attack that killed ten IDF soldiers earlier in the war.
• 17:51
  Speaker 1: And the question is if Israel knew those tunnels existed
• 17:55
  Speaker 1: and they knew Hamas was using them, Why didn't they
• 17:58
  Speaker 1: bomb them into oblivion? Why didn't they bomb and why
• 18:02
  Speaker 1: didn't they destroy? I mean, Israel has complete control over there.
• 18:05
  Speaker 1: They can bomb anything they want, they can destroy anything
• 18:09
  Speaker 1: they want. And they are still significant number of tunnels
• 18:15
  Speaker 1: in Gaza. They can be used to attack Israelis, they
• 18:18
  Speaker 1: can be used to hide Haramas. Why are they Why
• 18:22
  Speaker 1: are they still in existence? And the answer to that
• 18:26
  Speaker 1: is that they're in existence because Israel did not bomb them,
• 18:31
  Speaker 1: because that's where Ramas was hiding hostages. And here's the
• 18:36
  Speaker 1: question being posed now in Israel. Okay, So in this
• 18:43
  Speaker 1: particular tunnel from which Ramas came out and killed ten
• 18:46
  Speaker 1: Israeli soldiers, there were probably two Israeli hostages. Basically, what
• 18:57
  Speaker 1: Israel chose to do is to train the two hostages
• 19:01
  Speaker 1: lives for the ten soldiers. And is that right? I
• 19:08
  Speaker 1: think over the next few months, Israel's really going to
• 19:10
  Speaker 1: grapple with this. You know, hundreds of soldiers died during
• 19:16
  Speaker 1: the operation in Gaza. How many of their lives would
• 19:19
  Speaker 1: have been saved if Israel has disregarded the existence of
• 19:23
  Speaker 1: hostages and just crushed Hamas wherever they were destroyed, as
• 19:31
  Speaker 1: much of the a tunnel infrastructures is on you about
• 19:34
  Speaker 1: without regard to the hostages, which is, by the way,
• 19:39
  Speaker 1: the strategy I recommended on October eighth. On October eighth,
• 19:45
  Speaker 1: I said, and have said over and over again since then,
• 19:49
  Speaker 1: and said this. In Israel, only concern of the military
• 19:55
  Speaker 1: should have been victory, fast, quick, effective, complete another destruction
• 20:02
  Speaker 1: of Ramas. And they should have saved the hostages whenever
• 20:07
  Speaker 1: they could. But in generally they should have not considered
• 20:11
  Speaker 1: risk to the hostages as barriers to winning the war.
• 20:18
  Speaker 1: In other words, they should have treated the hostages as
• 20:21
  Speaker 1: if they were dead, rescued them when possible, and bombed
• 20:26
  Speaker 1: and destroyed whatever was necessary to protect the soldiers' lives
• 20:31
  Speaker 1: to destroy Haramas's capabilities. They didn't do that, and they're
• 20:38
  Speaker 1: gonna have to grapple that. They have to grapple that.
• 20:41
  Speaker 1: Amit Segal, who is one of the most prominent journalists
• 20:46
  Speaker 1: in Israel, who is a huge ally of Nittagnelle, he says,
• 20:52
  Speaker 1: he writes this, this, of course, presents a deeply uncomfortable
• 20:55
  Speaker 1: reality in choosing to protect Elkanna, Boots and the other hostage.
• 21:01
  Speaker 1: These are the hostage in that tunnel. Israel knowingly left
• 21:05
  Speaker 1: a lethal threat untouched, and the cost was ten soldiers' lives.
• 21:11
  Speaker 1: I won't judge whether that was the right decision or
• 21:14
  Speaker 1: the least bad one, but it is a crucial arithmetic.
• 21:19
  Speaker 1: But it is a cool arithmetic that for the first
• 21:24
  Speaker 1: time Israelis are left to grapple with. Sometimes the moral
• 21:30
  Speaker 1: imperative to save one life can come at the price
• 21:34
  Speaker 1: of many others. Now, note that this is not the
• 21:43
  Speaker 1: first time Israel's grappled with this. This is the situation
• 21:47
  Speaker 1: every time they released prisoners in order to gain a hostage.
• 21:53
  Speaker 1: This is the arithmetic that they've used every time throughout
• 21:57
  Speaker 1: this war when they didn't bomb. And it's an arithmetic
• 22:00
  Speaker 1: that was obvious, obvious at least to me, and I
• 22:06
  Speaker 1: think to anybody looking at this conflict objectively the day
• 22:09
  Speaker 1: after October seventh. So in war, it's not that there
• 22:22
  Speaker 1: are any good choices. People are going to die one
• 22:25
  Speaker 1: way or the other. Your people are going to die
• 22:28
  Speaker 1: one way or the other because you can't run a
• 22:30
  Speaker 1: riskless war, and you have to choose a criteria about
• 22:36
  Speaker 1: what you're going to fight. You have to choose a
• 22:39
  Speaker 1: governing principle a governing criteria. I think that's true in life,
• 22:45
  Speaker 1: in everything, in running a business, and there has to
• 22:48
  Speaker 1: be one governing criteria that determines all other decisions. And
• 22:55
  Speaker 1: I would say that in war, the governing criteria has
• 22:58
  Speaker 1: to be victory. Victory that is quick and that minimize
• 23:07
  Speaker 1: casualties on your own side. And yeah, that is that
• 23:27
  Speaker 1: is where we are right uh. And and and those
• 23:33
  Speaker 1: are the choices that you're made, and those the choices
• 23:35
  Speaker 1: they're going to grapple with. And I think that'lln and
• 23:43
  Speaker 1: of aide and ignore it. And and I give let
• 23:47
  Speaker 1: me cig Out a lot of credit for writing this
• 23:50
  Speaker 1: and posting this and engaging in this moral issue, because
• 23:57
  Speaker 1: I think most people don't want to think about it.
• 24:00
  Speaker 1: Most people don't want to do the calculus. Most people
• 24:03
  Speaker 1: don't want to consider these model issues. You know, they
• 24:07
  Speaker 1: got their hostages back, the soldiers that die died, and
• 24:12
  Speaker 1: and they don't want to see the relationship between the two.
• 24:19
  Speaker 1: All right, let us uh, let us move on, Let
• 24:29
  Speaker 1: us move on. Uh. Yeah, Ukraine. So more information is
• 24:39
  Speaker 1: coming out about the the meeting between President Trump and
• 24:44
  Speaker 1: Zelenski on UH on Friday, and more information is coming
• 24:49
  Speaker 1: out about the US's UH shift shift. Again, it keeps
• 24:53
  Speaker 1: shifting every two weeks of shift shifting position about the
• 24:57
  Speaker 1: situation in Ukraine and about UH Putin's terms and conditions
• 25:04
  Speaker 1: for I guess a cease fire piece, whatever you want
• 25:06
  Speaker 1: to call it. And you know it's clear that Putin, well,
• 25:14
  Speaker 1: it seems like Putin basically said in his phone conversation
• 25:18
  Speaker 1: with Trump on Thursday, you know, I'm willing to give
• 25:21
  Speaker 1: them a little bit of of some of the other
• 25:23
  Speaker 1: territories in Gashan and the other province that I can't
• 25:27
  Speaker 1: whose name I can't pronounce. But what I want in
• 25:30
  Speaker 1: return is all of Dunbas only given. I want us
• 25:33
  Speaker 1: to give one hundred percent of don Buss. Here already
• 25:35
  Speaker 1: controls about seventy five percent of don Buss. He wants
• 25:37
  Speaker 1: to control one hundred percent of don Bus. Of course,
• 25:40
  Speaker 1: the part of Dunbas that is still Ukrainian is the
• 25:44
  Speaker 1: most fortified part in the whole, in the whole, the
• 25:49
  Speaker 1: whole battlefield. Trump seems to you know, seem to think
• 25:55
  Speaker 1: this is a pretty good idea and try to convince
• 25:57
  Speaker 1: UH is the Lynz give this. Lenski was putting on
• 26:02
  Speaker 1: maps and showing him and Trump was throwing the maps
• 26:05
  Speaker 1: around and said he's fed up with maps. He doesn't
• 26:07
  Speaker 1: want to look at maps. He's not interested in all this.
• 26:09
  Speaker 1: And then Trump went back to his old position, which is,
• 26:12
  Speaker 1: let's just freeze the boat to where it is. Let's
• 26:14
  Speaker 1: just freeze it where it is, and we'll call it
• 26:16
  Speaker 1: a date. And of course that would mean Ukraine would
• 26:19
  Speaker 1: have to give up all that territory plus Crimea, and
• 26:22
  Speaker 1: and you know, for what for peace? I guess for
• 26:26
  Speaker 1: a cease fire, for the Russians to be I mean
• 26:29
  Speaker 1: the Russians like Kamas. It's not like Russians gonna uh disarm,
• 26:33
  Speaker 1: It's not like Russian's gonna walk away. It's it's just
• 26:35
  Speaker 1: Russia wants a pause. Russia wants to rearm, Russia wants
• 26:41
  Speaker 1: to get new troops. It needs a breather. It's lost
• 26:46
  Speaker 1: somewhere around one point five million soldiers killed or injured
• 26:51
  Speaker 1: on the battlefield. So Trump just wants it frozen. And
• 26:58
  Speaker 1: again he wants basically, he wants he wants to hand
• 27:04
  Speaker 1: Trump of victory. Willcock Whitcoff, who's also the envoy to Ukraine,
• 27:11
  Speaker 1: who's somebody I have no respect for. Zero result. The
• 27:15
  Speaker 1: guys are yeah, complete pragmatic and nothing. I suppose he
• 27:21
  Speaker 1: told Zelenski that he should just give up the nask
• 27:24
  Speaker 1: just just forget to give it up. Whitcoff has already
• 27:28
  Speaker 1: met Putin five times this year. Uh, and you know
• 27:33
  Speaker 1: he was at the Ovaloffs meeting last week and he
• 27:36
  Speaker 1: just told him just give it all up. And his
• 27:39
  Speaker 1: logic was, and the locals there's big questioned anyway, in
• 27:44
  Speaker 1: other words, just surrender. Whitcoff more so than others, Trump
• 27:52
  Speaker 1: suddenly just completely giving in to Putin. I think Witcoff
• 27:57
  Speaker 1: and jd Vance on Putin's side, probably Abouco Rubio is
• 28:02
  Speaker 1: on is on Zelensky side. And and I think that
• 28:05
  Speaker 1: is basically the battle that's going on within within the
• 28:08
  Speaker 1: administration right now. I mean Zelenski's visit on Friday, he
• 28:12
  Speaker 1: got nothing, No Tomawk missiles, no security guarantees. I mean,
• 28:17
  Speaker 1: at some point Trump said, may I get both side
• 28:19
  Speaker 1: security guarantees, I get the Russians any I mean, the
• 28:22
  Speaker 1: guys are nut nothing other than more pressure to concede,
• 28:28
  Speaker 1: more pressure to retreat, more pressure to surrender. H And
• 28:35
  Speaker 1: at this point it looks like again the tilt in
• 28:39
  Speaker 1: the negotiation is going to go back to appeasement and
• 28:43
  Speaker 1: to go back to some kind of deal, some kind
• 28:45
  Speaker 1: of real estate deal, and uh, you know, you buy
• 28:52
  Speaker 1: piece by giving up land, which has never really worked.
• 28:57
  Speaker 1: But that is the that is the notion of what's
• 29:02
  Speaker 1: happened here, just a putt in perspective, what is going
• 29:05
  Speaker 1: on on the front. Russia has lost at least one
• 29:08
  Speaker 1: hundred thousand troops since January twenty twenty five, while only
• 29:12
  Speaker 1: capturing point four percent of Ukraine. Total losses are somewhere
• 29:18
  Speaker 1: between a million to one point four million, including anywhere
• 29:22
  Speaker 1: between two hundred thousand and five hundred thousand dead. These
• 29:28
  Speaker 1: are like World War One numbers, and not only World
• 29:34
  Speaker 1: War One numbers, but also the gain in land per
• 29:37
  Speaker 1: body killed is like trench war foin in World War One.
• 29:43
  Speaker 1: And here's the thing. Russia has a birth rate that
• 29:48
  Speaker 1: is way below replacement, right, So all these million people
• 29:55
  Speaker 1: or half a million people dead, half a million men dead,
• 29:59
  Speaker 1: that is a net lowering of Russia's population, and it's
• 30:03
  Speaker 1: a permanent net lowering in a country that's already shrinking
• 30:07
  Speaker 1: population wise. Russia is a fading power. It's trying to
• 30:13
  Speaker 1: go out with a bang. It's trying to go out
• 30:17
  Speaker 1: pretending an asserting imperialistic and imperialistic agenda. But it is dying.
• 30:24
  Speaker 1: Russia is dying, and Russia will die, you know, and
• 30:31
  Speaker 1: as much as the West appeases them as much as
• 30:33
  Speaker 1: Putin sorry not accidental, I guess Misspooking, as much as
• 30:39
  Speaker 1: Trump appeases them and is willing to just you know,
• 30:44
  Speaker 1: put no pressure on them. They will die. They are
• 30:47
  Speaker 1: going to be the losers in the long run. But
• 30:51
  Speaker 1: in the short run, Trump is making this it's painful
• 30:54
  Speaker 1: for Ukraine as possible. I mean, imagine a Friday, Trump
• 30:58
  Speaker 1: has said, yeah, you can have the Tomahawks, you can
• 31:01
  Speaker 1: have these other weapons, you know, go for it, Go
• 31:04
  Speaker 1: go take back your cherry cherry. I mean, there's a
• 31:08
  Speaker 1: reason Putin called on Thursday when he thought Trump was
• 31:12
  Speaker 1: going to prove the tom hawks. Putin is afraid, on
• 31:16
  Speaker 1: the one hand, on that, and he's not afraid because
• 31:19
  Speaker 1: he knows he can manipulate Trump however he wants. So. Uh,
• 31:27
  Speaker 1: you know, Trump is just an emotionalist compromiser who admires Putin.
• 31:38
  Speaker 1: I mean, Putin might have something on him, we don't know,
• 31:42
  Speaker 1: but probably not. It's probably just his admiration for Putin
• 31:46
  Speaker 1: and the fact that he admired, you know, his admiration
• 31:50
  Speaker 1: for him, and the fact that Putin's strong, Putin's uncompromising,
• 31:56
  Speaker 1: Putin does not budget an inch. And and Trump is
• 32:01
  Speaker 1: just easily manipulated. I know, I know it's five D chess,
• 32:04
  Speaker 1: but no, he's just easily manipulated. And Putin is manipulating him.
• 32:08
  Speaker 1: He's a he's a weak emotionalist who can be easily
• 32:15
  Speaker 1: manipulated by the last guy who's who's talked to him, right,
• 32:29
  Speaker 1: So you know, that's that's where we are. I mean,
• 32:32
  Speaker 1: Europe is taken another small step. I mean these are
• 32:36
  Speaker 1: tiny little steps towards disconnecting itself from Russia. So you know,
• 32:40
  Speaker 1: Europe still buys some natural gas from Russia, particularly Eastern Europe. Anyway,
• 32:45
  Speaker 1: the European Council is agreed on a draft resolution to
• 32:49
  Speaker 1: entirely phase out any short term contract for Russian natural
• 32:53
  Speaker 1: gas by January first, twenty twenty six, so clear why
• 32:57
  Speaker 1: it's taken it what four years to do that? And
• 33:02
  Speaker 1: then a full band, a full band throughout all of
• 33:05
  Speaker 1: the EU starting genuine twenty twenty eight, which will be
• 33:11
  Speaker 1: six years after the war began. In the United States
• 33:15
  Speaker 1: still buys uranium for Russia and other stuff from Russia,
• 33:19
  Speaker 1: so we're putting tariffs and all friends, we're still buying
• 33:22
  Speaker 1: lots of stuff from Russia and treating them like a friend,
• 33:26
  Speaker 1: and our friends we treat like enemies. I mean, this
• 33:30
  Speaker 1: administration has no semblance of any kind of strategic phone policy, nothing.
• 33:38
  Speaker 1: It's just whim and there's no good guys, bad guys, friends, foes.
• 33:43
  Speaker 1: It's just whatever Trump decides when he gets up in
• 33:45
  Speaker 1: the morning. All right, a few quick stories. We have
• 33:52
  Speaker 1: a few quick ones. Bolivia. Bolivia has a new president,
• 33:56
  Speaker 1: which is a good thing because the past president over
• 34:00
  Speaker 1: the last twenty years have been a disaster. They've all
• 34:03
  Speaker 1: been far leftists. The election over the weekend was between
• 34:08
  Speaker 1: a kind of centrist, center right and a conservative. The
• 34:16
  Speaker 1: center right centrist kind of won. His name is Rodrigo Paz.
• 34:22
  Speaker 1: He's not Milay, and he's not a radical, and he's
• 34:25
  Speaker 1: not a free market guy. But he's not a socialist.
• 34:28
  Speaker 1: He's not a crazy leftist like the previous administrations in
• 34:33
  Speaker 1: Bolivia have been. In Bolivia, which is a country with
• 34:36
  Speaker 1: vast natural resources that has an amazing potential to you know,
• 34:45
  Speaker 1: in South America, to become a significant country, explot natural
• 34:50
  Speaker 1: resources and become relatively wealthy. Is a dirt poor country
• 34:55
  Speaker 1: as a consequence of socialist mishandling. And it's not like
• 35:02
  Speaker 1: the socialists have created economic equality. It's not like the
• 35:06
  Speaker 1: poor and not poor in Bolivia. It's exactly what happens
• 35:10
  Speaker 1: whenever you have socialism. They're more poor now than ever
• 35:14
  Speaker 1: before because of the socialists. So socialists only increase the
• 35:19
  Speaker 1: number of the poor. Anyway, This new president has promised privatization,
• 35:28
  Speaker 1: has promised a respect for property rights. He is part
• 35:31
  Speaker 1: of the Christian Democratic Party again, which kind of a
• 35:34
  Speaker 1: centrist party. You know. He's promising some shrinkage of the
• 35:39
  Speaker 1: office state, but not much. Mostly it's moderate moved towards
• 35:44
  Speaker 1: more a market economy, but nothing dramatic, nothing radical. The
• 35:50
  Speaker 1: Conservative wasn't offering anything really that different. This was not
• 35:54
  Speaker 1: that the Conservative was going to be some free market
• 35:57
  Speaker 1: amazing stuff. And the Bolivians Chill was a centrist. They
• 36:00
  Speaker 1: were both about the same when it comes to economics. So,
• 36:07
  Speaker 1: you know, a Pause himself is a complete pragmatist. He
• 36:10
  Speaker 1: believes in really nothing. I mean he he basically is
• 36:14
  Speaker 1: quoted as saying ideologies don't put food on the table.
• 36:18
  Speaker 1: He has over the years being a leftist, being a
• 36:23
  Speaker 1: a a on the right and landed up as a centrist.
• 36:28
  Speaker 1: His economic plan is what censriusts usually do. Tax incentives
• 36:32
  Speaker 1: of small businesses and self employed, greater physical autonomy for
• 36:36
  Speaker 1: regional governance, not a significant stream kidship, government spending, some
• 36:42
  Speaker 1: limited privatization, but again small businesses, that's always the focus.
• 36:47
  Speaker 1: God forbid, you have big businesses. You know. Blivi's economy
• 36:53
  Speaker 1: is not doing well, but hasn't done well again, poverty
• 36:56
  Speaker 1: is increased in spite of all the natural resources they have.
• 37:00
  Speaker 1: It wouldn't be surprised if they have vast amounts of
• 37:04
  Speaker 1: what do you call ret earth. And he promised not
• 37:13
  Speaker 1: to cut really not to kill welfare and basically focused
• 37:20
  Speaker 1: on taxing centers. By the way, this reminds me tonight
• 37:26
  Speaker 1: it's seven pm Eastern. Soon I'll be doing a show.
• 37:29
  Speaker 1: And really the last principled leader in the West, I think,
• 37:37
  Speaker 1: at least in the West West, and that was Margaret Thatcher.
• 37:41
  Speaker 1: So we'll do a whole show an hour and I'll
• 37:44
  Speaker 1: take your questions on margat Thatcher. It's a show sponsored
• 37:48
  Speaker 1: by Alexis and you know, the Iron Lady who governed
• 37:55
  Speaker 1: a great bidden from seventy nine to nineteen ninety and
• 38:00
  Speaker 1: completely change that country, completely changed it. Although you know,
• 38:03
  Speaker 1: the last two Conservative governments in this current Labor government
• 38:07
  Speaker 1: are really trying to reverse much of what she achieved
• 38:11
  Speaker 1: in the country. So tonight seven PM's consul Coast time,
• 38:15
  Speaker 1: we will be talking about we will be talking about
• 38:18
  Speaker 1: the UK. And you know, part of the problems in
• 38:23
  Speaker 1: the UK today are the fact that come from the
• 38:27
  Speaker 1: fact that she didn't go far enough and the term
• 38:30
  Speaker 1: ended prematurely. She needed another ten years to completely reform
• 38:36
  Speaker 1: the UK economic system, and one of the things she
• 38:39
  Speaker 1: didn't do much about was things like then the National
• 38:44
  Speaker 1: Health Service and the welfare state, which she didn't really
• 38:48
  Speaker 1: shrink and didn't change the basis on which they were established.
• 38:52
  Speaker 1: She needed more time to be able to achieve that
• 38:55
  Speaker 1: and if she had, if that had happened, then we
• 38:57
  Speaker 1: wouldn't be in the mess we're in today. There are
• 39:01
  Speaker 1: other issues we'll talk we'll talk to right, we'll talk
• 39:03
  Speaker 1: about tonight about if only the Conservatives that listened to who,
• 39:09
  Speaker 1: things would be a lot a lot better today. For example,
• 39:14
  Speaker 1: there would have been no Brexit because there would have
• 39:15
  Speaker 1: been no need for brexit. Okay, so yeah, things better
• 39:21
  Speaker 1: in Bolivia. This is good since when in Latin America.
• 39:24
  Speaker 1: Let me also mention Columbia. UH, just worth mentioning that
• 39:29
  Speaker 1: the situation today in uh in Colombia is such that
• 39:37
  Speaker 1: you know, US bombed another fishing another sorry, drug boat
• 39:43
  Speaker 1: or so called supposed that the drug boat. The present
• 39:45
  Speaker 1: Columbia came out and said, no, there wasn't a drug boat.
• 39:49
  Speaker 1: That was a fisherman you killed. You're just killing Colombian
• 39:52
  Speaker 1: citizens who have nothing to do with the drug trade.
• 39:56
  Speaker 1: And I really pissed off Trump. So Trump basically is
• 40:00
  Speaker 1: cutting off all aid. We have a bunch of found
• 40:03
  Speaker 1: aids still going to Columbia, all aid to Columbia. Now,
• 40:08
  Speaker 1: the Columbia president is a bad guy. He's a leftist.
• 40:11
  Speaker 1: Good riddance. Of course, standing up to Trump, Mike made him.
• 40:15
  Speaker 1: Mike might make him more popular in Columbia. But look,
• 40:21
  Speaker 1: we've talked about this, the bombing of these boats killing people,
• 40:29
  Speaker 1: I mean just randomly, the the I mean, even the
• 40:33
  Speaker 1: commander of the of the Southern Command of the Navy
• 40:36
  Speaker 1: resigned because he couldn't justify this. You're basically killing people
• 40:41
  Speaker 1: in the I c's with no good reason, with no
• 40:46
  Speaker 1: you know, establish evidence. I mean, they captured a boat
• 40:51
  Speaker 1: with two guys still alive, and they captured it, and
• 40:55
  Speaker 1: you thought, Okay, they'll bring the two guys back to
• 40:57
  Speaker 1: the United States and try them for smuggling drugs. No,
• 41:00
  Speaker 1: they extraded them back to Columbia. Why did Maybe they
• 41:04
  Speaker 1: didn't want them on trial to find out that they're
• 41:08
  Speaker 1: not drug smugglers. Who knows. But the point is the
• 41:14
  Speaker 1: United States is now a rogue nation shooting up boats
• 41:18
  Speaker 1: in the Caribbean Sea, killing people randomly because they the
• 41:24
  Speaker 1: one in the drug trade. This is now a capital
• 41:27
  Speaker 1: offense with no trial. It's insane what's going on. And again,
• 41:32
  Speaker 1: like a lot of what Trump gets away with, a
• 41:34
  Speaker 1: lot of what Trump does, nobody's calling him on it.
• 41:37
  Speaker 1: Nobody seems to care. He just gets away with everything, everything,
• 41:42
  Speaker 1: and he gets away with so much, or he does
• 41:45
  Speaker 1: so much that's offensive that people don't even know where
• 41:48
  Speaker 1: to focus, where to focus. All right, let's see, all right,
• 42:02
  Speaker 1: let's talk about the I five, which I the fiasco
• 42:06
  Speaker 1: and I five which I suffered from yesterday because I
• 42:09
  Speaker 1: was traveling yesterday, you know, from LA to just north
• 42:15
  Speaker 1: of San Diego, and none of the map, none of
• 42:20
  Speaker 1: the maps after I showed any problem. So I was thinking, Wow,
• 42:23
  Speaker 1: I'm gonna get to where I'm supposed to get early
• 42:25
  Speaker 1: because there's just no traffic. It's smooth. I looked at ways,
• 42:28
  Speaker 1: Apple Maps, Google all of them. And then suddenly, as
• 42:32
  Speaker 1: I'm in Orange County, heading south in South Orange County
• 42:37
  Speaker 1: almost to work Camp Pedalton is, I get this announcement
• 42:40
  Speaker 1: on the maps off to oh I five has been closed.
• 42:43
  Speaker 1: And it turns out they shut down the I five.
• 42:45
  Speaker 1: I had to do a detour through the mountains, which
• 42:48
  Speaker 1: landed up making a something that would have been a
• 42:53
  Speaker 1: two and a half hour drive turning into a five
• 42:56
  Speaker 1: hour drive. So it took me five hours to get
• 42:58
  Speaker 1: to where I needed to be, and I was going
• 43:02
  Speaker 1: to the land Peacock's birthday party, so I was two
• 43:05
  Speaker 1: hours late to the birthday party as a consequence. Anyway,
• 43:12
  Speaker 1: it turned out that what happened was that there was
• 43:14
  Speaker 1: this total miscommunication, total lack of communication between the Marines
• 43:24
  Speaker 1: doing this exercise for Vance and hegseeth on the marine
• 43:29
  Speaker 1: base using live ammunition and California Highway Police in the
• 43:34
  Speaker 1: California government. This is what happens when the governor and
• 43:38
  Speaker 1: the president don't get along and there's no communication between
• 43:40
  Speaker 1: the federal and the state government. And HP didn't know
• 43:44
  Speaker 1: if to close highway and not to close highway. They
• 43:46
  Speaker 1: planned closed hyeway. Then they weren't going to plan a
• 43:48
  Speaker 1: close highway because the Marines gave them guarantees that there
• 43:51
  Speaker 1: was no live ammunition flying over the highway. And then
• 43:54
  Speaker 1: it turned out there was live ammunition going over the highway,
• 43:59
  Speaker 1: so they closed the highway, and the map softwares didn't
• 44:03
  Speaker 1: know that this was going to be, this was planned.
• 44:04
  Speaker 1: The whole thing was just a catastrophe. And then it
• 44:07
  Speaker 1: turns out that a California I have a police cruiser
• 44:12
  Speaker 1: on one of the off ramps on the highway actually
• 44:14
  Speaker 1: got helt by shrapnel one of the howitz things that
• 44:18
  Speaker 1: exploded in air, not where it was supposed to and
• 44:21
  Speaker 1: there was shrapnel that hit one of the police cruisers.
• 44:25
  Speaker 1: So it's good I guess they closed the highway because
• 44:27
  Speaker 1: they were literally shooting live ammunition over the highway. And
• 44:30
  Speaker 1: who knows what have happened. I mean, just the incompetence
• 44:33
  Speaker 1: of the whole thing, the pathetic nature there should have
• 44:36
  Speaker 1: been a celebration of the Marines two and the fiftieth birthday.
• 44:40
  Speaker 1: This became a Potterson issue. It should have been a
• 44:43
  Speaker 1: bipottersan celebration, and you know, they should have been all
• 44:47
  Speaker 1: the kind of safety requirements and all the kind of
• 44:49
  Speaker 1: stuff that you need to do, you know, to shoot
• 44:52
  Speaker 1: live ammunition over a highway because I don't know if
• 44:55
  Speaker 1: you know Camp Peddleton. It goes on the Pacific eastward
• 44:58
  Speaker 1: and the highway I five go right close to the
• 45:01
  Speaker 1: Pacific but goes right through it. And the training is
• 45:04
  Speaker 1: often on both sides, and often you can see the
• 45:06
  Speaker 1: training going on. You can see the helicopters, the helicopter
• 45:09
  Speaker 1: landing pads, you can see where they do amphibious amphibious
• 45:15
  Speaker 1: coming on to shore. You know, it's a major Marines
• 45:18
  Speaker 1: base and a major Marine training but there's a highway
• 45:21
  Speaker 1: that goes right through it. And it's just this animosity
• 45:26
  Speaker 1: that exists that you can't even get this right. I
• 45:31
  Speaker 1: mean literally, these were live audience, live shelves over the highway,
• 45:38
  Speaker 1: and they did the night before and then they did
• 45:39
  Speaker 1: it the day off without proper coordination with the local authorities.
• 45:49
  Speaker 1: So yeah, that's that's where we are all right, we're
• 46:05
  Speaker 1: going to do this quickly because you know it's already
• 46:07
  Speaker 1: a long show. Wow, SI, we're going to do this quickly.
• 46:10
  Speaker 1: But this is a story that is going to be relevant,
• 46:14
  Speaker 1: I think for a while now, and I'm going to
• 46:16
  Speaker 1: be watching and talking to you about. But the reality
• 46:19
  Speaker 1: is that over the last few weeks we've seen some
• 46:22
  Speaker 1: real financial stress or with lending with different lending institutions,
• 46:31
  Speaker 1: a little reminiscent I don't want anybody to panic, but
• 46:33
  Speaker 1: a little reminiscent of the kind of financial stress you
• 46:36
  Speaker 1: saw a year before the Great Financial Crisis in two
• 46:39
  Speaker 1: thousand and eight. I mean different in a sense of
• 46:42
  Speaker 1: different industries and places. We saw a few weeks ago,
• 46:45
  Speaker 1: the bankruptcy of lenders into the auto space, into the
• 46:50
  Speaker 1: auto market, and the accusations of fraud, which often you
• 46:57
  Speaker 1: see when there's a stress in the market, where people
• 47:01
  Speaker 1: are hiding their bad loans, hiding their failures. And we
• 47:06
  Speaker 1: don't have all the information yet exactly what happened here,
• 47:09
  Speaker 1: But what you see then is people try to try
• 47:13
  Speaker 1: to again hide distress, hide the problems, and they commit
• 47:16
  Speaker 1: fraud in the process. And it looks like that's what
• 47:19
  Speaker 1: happened with this lender in the auto space. A lot
• 47:24
  Speaker 1: of companies that had invested into that auto space are
• 47:30
  Speaker 1: taking significant losses and they are on distress now because
• 47:34
  Speaker 1: they're taking losses because they were providing capital to these
• 47:39
  Speaker 1: auto lenders into the to this industries, you know, and
• 47:44
  Speaker 1: these were auto loans. There's a company that was giving
• 47:46
  Speaker 1: out loader loans but days raised capital for other financial institutions.
• 47:49
  Speaker 1: There was a little bit of a of a chain
• 47:51
  Speaker 1: reaction here. Nothing yet to cause real panic, but it's there.
• 47:55
  Speaker 1: It exists. And then last week two banks, Zion and
• 48:00
  Speaker 1: Western Alliance, both reported that they it turned out that
• 48:10
  Speaker 1: some loans that they had made uh and they had
• 48:14
  Speaker 1: thought that when they made the loans, they were in uh,
• 48:20
  Speaker 1: you know, first position to they were the first claimant
• 48:24
  Speaker 1: they were going to get they were going to get
• 48:26
  Speaker 1: the assets if they if the company, if their entities
• 48:28
  Speaker 1: fault for bankruptcy, they would get the assets first. It
• 48:32
  Speaker 1: turned out the fraught again was committed and that they
• 48:35
  Speaker 1: are not the first claimants and that they are probably
• 48:38
  Speaker 1: going to take losses because they are being bumped down
• 48:40
  Speaker 1: in the claimant's list because the loans were misrepresented. There
• 48:45
  Speaker 1: was fought now, how a bank could make a mistake
• 48:48
  Speaker 1: like that, How somebody could defraught a bank which is
• 48:51
  Speaker 1: specialized in exactly this is a little bewildering, and it
• 48:56
  Speaker 1: against suggests fought in the market where banks were making
• 48:59
  Speaker 1: loans without doing all the due diligence, just like before
• 49:02
  Speaker 1: the financial crisis, and just wanting to deploy funds, just
• 49:06
  Speaker 1: wanting to deploy money, which is scary anyway. As a consequence,
• 49:12
  Speaker 1: when this was announced, regional bank stocks plummeted. They went
• 49:16
  Speaker 1: down six percent in one day, and they've covered much
• 49:21
  Speaker 1: of that since, but they did go down a lot
• 49:23
  Speaker 1: that day. Why And so you know, there's the cock
• 49:27
  Speaker 1: coach theory in finance. I don't know if you know
• 49:30
  Speaker 1: the cockroachs theory. The cock coach there is based on
• 49:33
  Speaker 1: the idea, when you see a cockroach anyway, right, it's
• 49:36
  Speaker 1: probably like five thousand of them somewhere close by, right,
• 49:41
  Speaker 1: You never see the cock coaches don't travel alone, they're
• 49:45
  Speaker 1: not present alone. So if you see one, there's a
• 49:49
  Speaker 1: whole bunch of them some way close by. Not a
• 49:53
  Speaker 1: pleasant thought, by the way, by a reality. Well, the
• 49:58
  Speaker 1: same idea in finances when you start seeing financial fraud,
• 50:03
  Speaker 1: when you start seeing financial problems like what we're seeing
• 50:07
  Speaker 1: now in a few spotty places. It's probably not isolated instances.
• 50:15
  Speaker 1: It could very well be an indication of real challenges
• 50:22
  Speaker 1: within the financial system. So the few loans that have
• 50:25
  Speaker 1: gone bad, what else is going on? So Wall Street's
• 50:29
  Speaker 1: the economist as a story, hy Wall Street is fearful
• 50:32
  Speaker 1: of more lending blow ups in both banks and private
• 50:36
  Speaker 1: market giants on the cuck coroach watch that's how that's
• 50:42
  Speaker 1: how they call it, right and Jamie Diamond, Jamie Diamond
• 50:48
  Speaker 1: on October fourteenth, just last week, said I probably shouldn't
• 50:52
  Speaker 1: say this, but when you see one cuck coach, they're
• 50:55
  Speaker 1: probably more again worried about the blow up of Tricolor,
• 51:01
  Speaker 1: the Auto land First Brands, which was also blew up
• 51:04
  Speaker 1: and a lot of people lost a lot of money,
• 51:06
  Speaker 1: which was a car parts maker. And of course the
• 51:10
  Speaker 1: problems that we're seeing with Western Alliance and Zions Bank,
• 51:16
  Speaker 1: and you know, we will see, we will see what
• 51:19
  Speaker 1: happens next. Now again Western Alliance Design is saying fraud.
• 51:24
  Speaker 1: Canta Group, which was the borrowing entity or the network
• 51:27
  Speaker 1: of borrowers, saying no, no, there was no faud here.
• 51:30
  Speaker 1: So everybody's going to shift the blame and we won't
• 51:32
  Speaker 1: know exactly what happened until more data comes out or
• 51:36
  Speaker 1: it goes to courts. But you gotta worry, particularly given
• 51:40
  Speaker 1: how expensive stock market is. The stock market is at
• 51:44
  Speaker 1: all time highs or close to all time highs. The
• 51:49
  Speaker 1: S and P five hunderds up fourteen percent this year.
• 51:51
  Speaker 1: It's not clear why what justifies that interest rates out
• 51:57
  Speaker 1: there like interstrates where banks lending to each other up,
• 52:02
  Speaker 1: which suggested banks were worried about worried about banks other banks.
• 52:11
  Speaker 1: So everybody's kind of on hold. Now. Last time, we
• 52:15
  Speaker 1: had a mini banking crisis with twenty twenty three when
• 52:18
  Speaker 1: Silicon Valley Bank went under and then Signature and for
• 52:23
  Speaker 1: US Republic were closed by the regulators. The FED had
• 52:28
  Speaker 1: an extraordinary response for bailing everybody up basically which allowed
• 52:33
  Speaker 1: banks to kind of not to enter into a financial crisis,
• 52:38
  Speaker 1: allowed them kind of to survive. But that just means
• 52:42
  Speaker 1: there's still a lot of there's still a lot of
• 52:47
  Speaker 1: bad stuff in the system. There was not cleared out
• 52:51
  Speaker 1: during twenty twenty three, So for example, at the time,
• 52:56
  Speaker 1: there were a huge amount of law is the banks
• 53:00
  Speaker 1: are taken on long term bonds about six hundred and
• 53:04
  Speaker 1: ninety billion. Now, the banks didn't suffer the consequence of
• 53:08
  Speaker 1: that because the FED basically built them all out. But today,
• 53:12
  Speaker 1: while it's not six onundred ninety billion, banks still have
• 53:15
  Speaker 1: losses on the books from their bond portfolio of about
• 53:18
  Speaker 1: four hundred billion. This is governed bonds. When interstates go up,
• 53:21
  Speaker 1: the value of those bonds go down. This goes back
• 53:24
  Speaker 1: to the zero percent of interstate environment during COVID and
• 53:30
  Speaker 1: banks out, you know, bought long term bonds with very
• 53:33
  Speaker 1: low interest rates. Interestrates goes up, the value of those
• 53:35
  Speaker 1: bonds went down. They took massive losses. There's basically all
• 53:38
  Speaker 1: banks and they're still holding one hundred billion dollars of
• 53:42
  Speaker 1: losses on those portfolios. So there's a lot there's not
• 53:47
  Speaker 1: a lot of slack in the system. Now. It's true
• 53:51
  Speaker 1: the FED is shown a willingness and an ability to
• 53:53
  Speaker 1: bail everybody out, and and and that'll happen in the
• 53:56
  Speaker 1: next crisis without any question. But when wonder is when
• 54:03
  Speaker 1: you bail everybody out, that creates a massive mall hazard problem,
• 54:06
  Speaker 1: which creates bad lending practices, which creates all kinds of
• 54:11
  Speaker 1: speculation and credit that shouldn't be given and stuff like that,
• 54:15
  Speaker 1: and all of that is probably in the system. And
• 54:20
  Speaker 1: given that all that is in the system, at some
• 54:23
  Speaker 1: point you have to pay the piper. At some point,
• 54:27
  Speaker 1: all of that is going to come crashing down. And
• 54:30
  Speaker 1: so there is a financial crisis someway in our future.
• 54:34
  Speaker 1: I don't know when. I have no idea. I don't
• 54:36
  Speaker 1: try prices, but look at gold prices. Gold prices are
• 54:39
  Speaker 1: basically saying it's any day, it's already happening. We'll have
• 54:47
  Speaker 1: to wait and see. We'll have to wait and see
• 54:49
  Speaker 1: what actually materializes, all right. I don't know if you noticed.
• 54:56
  Speaker 1: I noticed this this morning that AWS Amazon Web Services
• 55:00
  Speaker 1: went down today. I don't know for how long, but
• 55:03
  Speaker 1: it was down. There were a bunch of apps that
• 55:06
  Speaker 1: didn't work. It was a global outage outage. It took
• 55:10
  Speaker 1: down Snapchat, Fortnite, Facebook, Coinbase, Perplexity, and for example, I
• 55:17
  Speaker 1: noticed it because I couldn't get onto Wall Street Journal.
• 55:19
  Speaker 1: Wall Street journal dot com was down. You couldn't play
• 55:23
  Speaker 1: with your PlayStation, Alexa stopped functioning. Many corporate dashboards just flatlined. Basically,
• 55:36
  Speaker 1: the digital digital world, you know, stopped much of it.
• 55:43
  Speaker 1: W US is the largest cloud service provider in the world,
• 55:48
  Speaker 1: or at least in the United States. Uh. And when
• 55:52
  Speaker 1: it goes down, much of modern life goes down. The
• 56:00
  Speaker 1: Internet is very concentrated. Our cloud is very concentrated. A
• 56:05
  Speaker 1: few companies control much of it. You know, Amazon, Microsoft, Google,
• 56:13
  Speaker 1: they're it. You know, an article might have a piece,
• 56:16
  Speaker 1: but they're it basically. And Amazon controls a disproportioned part
• 56:21
  Speaker 1: of it. And it makes a system very vulnerable to problems.
• 56:27
  Speaker 1: I don't know what happened today. WS will probably find
• 56:29
  Speaker 1: out soon or in a day's weeks, months to come,
• 56:35
  Speaker 1: but it is a big deal. It is a big deal,
• 56:38
  Speaker 1: and it shows how dependent all of us are on
• 56:42
  Speaker 1: the cloud. And by the way, even crypto washod by this.
• 56:50
  Speaker 1: It's not like crypto is actually decentralized. It's it's actually
• 56:54
  Speaker 1: not it's actually not. Okay, let's see a few short ones.
• 57:04
  Speaker 1: The Louver, the most important museum in the world, probably
• 57:09
  Speaker 1: art museum in the world, the most amazing art museum
• 57:14
  Speaker 1: in the world, suddenly uh and uh in a in
• 57:17
  Speaker 1: a real cultural institution in France, was broken into and
• 57:24
  Speaker 1: Jules from Josephine, the wife of Napoleon, was stolen. The
• 57:33
  Speaker 1: heist it was pretty amazing. It's it's like out of
• 57:37
  Speaker 1: a out of a out of a movie. On Sunday morning,
• 57:41
  Speaker 1: a team of four burglars managed to park a truck
• 57:47
  Speaker 1: with the furniture lift right at the foot of the
• 57:50
  Speaker 1: Louver palace. And I guess the police and everybody else
• 57:52
  Speaker 1: just thought this was part of ongoing maintenance and ongoing
• 57:56
  Speaker 1: ongoing stuff. Anyway, they parked a foot of the Loof palace,
• 58:02
  Speaker 1: no security personnel, no, no police, nothing. They went up
• 58:07
  Speaker 1: the elevator, this furniture elevator, to a level above they
• 58:12
  Speaker 1: broke the window. They broke the window into the room
• 58:15
  Speaker 1: where the jewels were housed. I guess they used a
• 58:20
  Speaker 1: angle grinder to cut the window, and then they used
• 58:25
  Speaker 1: the angle grinder to cut the case in which the
• 58:27
  Speaker 1: jewels were present. And then they took the jewels, went
• 58:31
  Speaker 1: out the window, went down the lift and drove away.
• 58:35
  Speaker 1: In other words, this was just out of the movies.
• 58:40
  Speaker 1: It took seven minutes, seven minutes for the whole thing
• 58:45
  Speaker 1: to happen. It is a massive embarrassment to the Louver,
• 58:50
  Speaker 1: to the French government and a lot of people saying
• 58:54
  Speaker 1: how can this happen? I mean, there might have been alarm,
• 59:00
  Speaker 1: but they did it so fast it didn't matter. It
• 59:04
  Speaker 1: turns out that for budget reasons, budget constrained reasons, they're
• 59:08
  Speaker 1: not that many security guards at the Louver and not
• 59:10
  Speaker 1: that many surveillance cameras, and of course the thieves had
• 59:14
  Speaker 1: checked this out and discovered where the surveillance cameras were
• 59:18
  Speaker 1: and where I guess the security guards were, and went
• 59:21
  Speaker 1: to a point where there was a weakness, no cameras,
• 59:23
  Speaker 1: no guards, and they could get in and out very
• 59:26
  Speaker 1: very quickly. The Louver is seven hundred thousand square feet
• 59:32
  Speaker 1: of exhibitions, from painting, sculptures, statues of a gift and
• 59:38
  Speaker 1: Pharaohs to you know, jewelry from Napoleon era. And while authorities,
• 59:51
  Speaker 1: I guess security authorities had been telling the police that
• 59:55
  Speaker 1: this was a vulnerability for a long time, nobody did
• 59:58
  Speaker 1: anything about it. And indeed the Lover's been cutting staff
• 1:00:02
  Speaker 1: cutting staff over the last few years, you know, partially
• 1:00:06
  Speaker 1: because the French government is pretty much bankrupt. The bugglars
• 1:00:11
  Speaker 1: did this at nine thirty am, right after the museum
• 1:00:15
  Speaker 1: opens its doors, which means the security guards were you know,
• 1:00:20
  Speaker 1: basically trying to evacuate the large crowds when the alarm
• 1:00:27
  Speaker 1: went off, versus and protecting the works, versus going to
• 1:00:32
  Speaker 1: where the jewels were where the alarm was ringing. So
• 1:00:36
  Speaker 1: they caught them at exactly the right moment where there's
• 1:00:38
  Speaker 1: a big inflow of people and then the alarms go
• 1:00:42
  Speaker 1: off and you have to evacuate those people, and I
• 1:00:44
  Speaker 1: guess the everything basically failed, you know, the Cultural Minister said.
• 1:00:53
  Speaker 1: Five security guards immediately responded to the break in, but
• 1:00:57
  Speaker 1: it was too late, too late, and again there was
• 1:01:04
  Speaker 1: a huge focus on protecting protecting the visitors. So yeah,
• 1:01:11
  Speaker 1: not enough staff. They actually cut the number of visitors
• 1:01:14
  Speaker 1: to the loose significantly because there's not enough staff. And
• 1:01:20
  Speaker 1: you know, we've got we've got a significant you know,
• 1:01:25
  Speaker 1: they've got infrastructure problems. It turns out that the facility's
• 1:01:30
  Speaker 1: infrastructure is not handling the number of people and they
• 1:01:35
  Speaker 1: don't have enough people to watch over all the people coming.
• 1:01:39
  Speaker 1: And anyway, McConn has a plan, but the plan is
• 1:01:48
  Speaker 1: not going to be fully in place until twenty thirty one.
• 1:01:50
  Speaker 1: In the meantime, jewels are being taken. Supposedly, one of
• 1:01:54
  Speaker 1: the first phone calls the financial authorities made was to
• 1:01:57
  Speaker 1: a security firm run by a former Israeli sheen Bet
• 1:02:02
  Speaker 1: head of the sheen Bet that's internal security in Israel,
• 1:02:05
  Speaker 1: who specializes in finding these kind of things. There's a
• 1:02:10
  Speaker 1: manhunt on right now, and who knows, it'll be interesting
• 1:02:14
  Speaker 1: to see if they ever find these rules. A couple
• 1:02:19
  Speaker 1: of good news stories. So it turns out I don't know,
• 1:02:22
  Speaker 1: I have dry age macular degeneration and one of the
• 1:02:27
  Speaker 1: dry age yeah, dry age related macular degeneration. So this
• 1:02:32
  Speaker 1: is a condition of the eye. As long as this
• 1:02:34
  Speaker 1: stays dry, it doesn't have any impact, but it could
• 1:02:37
  Speaker 1: easily turn what's called wet and there's a consequence of that.
• 1:02:40
  Speaker 1: I could lose my eyesight, and you know a lot
• 1:02:45
  Speaker 1: of people, there's a significant number of people who do
• 1:02:47
  Speaker 1: lose their eyesight as a consequence of this. Anyway, scientists
• 1:02:52
  Speaker 1: have invented an implant into the eye that helps people
• 1:02:56
  Speaker 1: who've lost their eyesight are's a consequence of wet eye
• 1:03:01
  Speaker 1: macular degeneration regain their eyesight. The device helped eighty one
• 1:03:08
  Speaker 1: of travel participants suffering from advanced age related macular generation
• 1:03:12
  Speaker 1: to achieve clinically meaningful improvements in the vision. Uh. The technology,
• 1:03:18
  Speaker 1: which you know is targets, is a certain part of
• 1:03:23
  Speaker 1: the eye. You know, it's part of just the the
• 1:03:30
  Speaker 1: the ability now to put kind of prosthetic implants into
• 1:03:35
  Speaker 1: different parts of the brain, into the eye, into different
• 1:03:38
  Speaker 1: organs in order to in order to make us bionic
• 1:03:43
  Speaker 1: and make us better. In this guy in this case,
• 1:03:50
  Speaker 1: this this device, you know, basically compensates for the fact
• 1:03:57
  Speaker 1: that the retina loses disability to dict light and transferred
• 1:04:02
  Speaker 1: to the signals from the brain. And this chip does
• 1:04:07
  Speaker 1: that and again positive results. This is all at the
• 1:04:14
  Speaker 1: Department Uptomology department at the University of Pittsburgh School of Madison.
• 1:04:21
  Speaker 1: More than eighty percent of patients were able to read
• 1:04:23
  Speaker 1: letters and words, and some of them are reading pages
• 1:04:26
  Speaker 1: in a book. And again this is just the beginning.
• 1:04:28
  Speaker 1: You can just imagine that this will give people twenty
• 1:04:31
  Speaker 1: twenty or better vision sometime in the future. So that's
• 1:04:36
  Speaker 1: great news. And finally, you know, I'm a huge fan
• 1:04:41
  Speaker 1: of Weimo. I love weymo's. I've driven in Weimo in
• 1:04:44
  Speaker 1: San Francisco, I've driven in Weimo in Phoenix. I noticed
• 1:04:48
  Speaker 1: when I was in Los Angeles that they are way
• 1:04:51
  Speaker 1: more caused in Los Angeles. I didn't realize that, but
• 1:04:53
  Speaker 1: there were quite a few of them now. They still
• 1:04:55
  Speaker 1: don't drive in the Highway, so there's a limited region
• 1:04:58
  Speaker 1: in which you can order weymo and to get from
• 1:05:00
  Speaker 1: one place to another. But when they work, they work
• 1:05:03
  Speaker 1: really really well. They tend to be cheaper than Uber
• 1:05:06
  Speaker 1: and and I think they drive safer than any Uba driver.
• 1:05:11
  Speaker 1: And yeah, I'm a huge fan and I've ridden in
• 1:05:14
  Speaker 1: them a number of times and I really like the experience. Anyway,
• 1:05:18
  Speaker 1: it looks like way Moore is not going to expand
• 1:05:20
  Speaker 1: to London, which is I believe a big deal. London
• 1:05:26
  Speaker 1: is a very difficult market, partially because you have a
• 1:05:29
  Speaker 1: very powerful taxi union. You know those black taxis, black cabs,
• 1:05:34
  Speaker 1: and I love black cabs in London. But they they
• 1:05:38
  Speaker 1: really fought Uber for a very long time. They ultimately lost,
• 1:05:43
  Speaker 1: but they fought it. They did their best. By the way,
• 1:05:45
  Speaker 1: taxi unions and the rest of Europe have done very
• 1:05:48
  Speaker 1: very well and kept Uber out. So it does look like, right,
• 1:05:55
  Speaker 1: it does look like that Uber will make it sorry
• 1:05:59
  Speaker 1: way more make it into London. They've got permission to
• 1:06:02
  Speaker 1: start in twenty twenty six. That'd be great competition out
• 1:06:06
  Speaker 1: to Uber and Lyft. They might team up with Uber.
• 1:06:09
  Speaker 1: I've seen in some cities where Uber and Wabo, you know,
• 1:06:14
  Speaker 1: team up or lift and weimo team up. So we'll
• 1:06:17
  Speaker 1: see how what the business model looks like in London.
• 1:06:20
  Speaker 1: But I'm excited and I think this is a huge
• 1:06:23
  Speaker 1: contributor to improve standard of living, quality of life. It
• 1:06:27
  Speaker 1: reduces traffic and it ultimately dramatically reduces accidents and fatalities
• 1:06:34
  Speaker 1: and all of that, and so I'm excited by that.
• 1:06:37
  Speaker 1: I think the rest of Europe will be a lot
• 1:06:39
  Speaker 1: more difficult. I mean, it's still true that you don't
• 1:06:41
  Speaker 1: get Uber in Italy, you don't get Uber in Spain,
• 1:06:45
  Speaker 1: there's ubin in Portugal. You don't get Uber on and
• 1:06:49
  Speaker 1: off in Copenhagen. God, I don't even know in France.
• 1:06:54
  Speaker 1: With my guess, is no another way in which European
• 1:06:57
  Speaker 1: standard of livings are below the standard of living Americans.
• 1:07:01
  Speaker 1: They don't have Uber, who was like life altering. It
• 1:07:04
  Speaker 1: is such a great technology. It makes it's so easy.
• 1:07:08
  Speaker 1: You know you can commit to going anywhere and you
• 1:07:12
  Speaker 1: know you can come back. You don't have to call
• 1:07:13
  Speaker 1: up a taxi and wait around for a taxi. Everything
• 1:07:16
  Speaker 1: is at your fingertips. It's an amazing tech and improves
• 1:07:21
  Speaker 1: life significantly significantly. So yeah, a significant benefit to US
• 1:07:34
  Speaker 1: markets that the that the Europeans do not have. All right,
• 1:07:37
  Speaker 1: I had a few other short ones, but you know,
• 1:07:40
  Speaker 1: we'll skip them and for now, given that we've already
• 1:07:45
  Speaker 1: gone an hour and we've got a bunch of questions.
• 1:07:51
  Speaker 1: Amen just came in with a one hundred dollars stick
• 1:07:54
  Speaker 1: I thank you. Aman, really really appreciate it. Good to
• 1:07:57
  Speaker 1: see you here, and I really appreciate the support. Stephen,
• 1:08:01
  Speaker 1: Thank you, Ryan, thank you. These all stickers, uh them them,
• 1:08:07
  Speaker 1: Tom William, thank you, friend Oppa, thank you, Jonathan, thank you.
• 1:08:10
  Speaker 1: It was good to see you Jonathan over the weekend.
• 1:08:13
  Speaker 1: Uh and uh yeah, thanks guys, Thanks for thanks everybody
• 1:08:22
  Speaker 1: for m right, Thanks everybody for the support for supporting
• 1:08:32
  Speaker 1: your one book show. You guys make it possible for
• 1:08:35
  Speaker 1: me to do this show without your support. Couldn't do
• 1:08:37
  Speaker 1: the show my time. You you were buying it in
• 1:08:40
  Speaker 1: a sense, you're making this show possible. Thank you all
• 1:08:46
  Speaker 1: the super chatters. We'll get your questions in a minute.
• 1:08:48
  Speaker 1: And thank you to all the people who support the
• 1:08:50
  Speaker 1: show on a monthly basis. Don't forget Patreon dot com
• 1:08:53
  Speaker 1: or or PayPal dot com are ways in which you
• 1:08:56
  Speaker 1: can support the show on a regular on a regular basis, Uh,
• 1:09:02
  Speaker 1: let's see. Yeah, we have three sponsors for the show,
• 1:09:07
  Speaker 1: the Iman Institute. Once it remind you all that they
• 1:09:12
  Speaker 1: The deadline for the Atlas Essay Contest at the Shrug
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• 1:11:04
  Speaker 1: and finally, well not finally, but again, don't forget. If
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  Speaker 1: ways to do it Patreon dot com monthly support, regular, predictable,
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  Speaker 1: there for the long run. All right, let's see, let's
• 1:11:29
  Speaker 1: start without fifty dollars questions. We've got two of those.
• 1:11:32
  Speaker 1: Thank you guys. Really cool. All right, Mike, I've registered
• 1:11:38
  Speaker 1: for your debating Colorado Springs. I can't wait. I remember
• 1:11:41
  Speaker 1: you saying that you prefers to asking you a question
• 1:11:44
  Speaker 1: rather than the challenge the opponent. Any questions you can
• 1:11:47
  Speaker 1: think of would help you talk about what you want. God.
• 1:11:53
  Speaker 1: That is difficult to do right now because because I
• 1:11:59
  Speaker 1: don't know exactly what's going to happen during the debate,
• 1:12:02
  Speaker 1: what I'm going to say, what I'm going to respond to,
• 1:12:05
  Speaker 1: what exactly he's going to say. Though, I've done debates
• 1:12:07
  Speaker 1: with this guy, so I should know. I can't remember.
• 1:12:09
  Speaker 1: So I'm gonna have to watch some of my old
• 1:12:10
  Speaker 1: debates with him. And he just did a debate with
• 1:12:12
  Speaker 1: Coleman Hughes, so you know, he just did a debate
• 1:12:15
  Speaker 1: with Coleman Hughes. So I'm going to watch that kind
• 1:12:17
  Speaker 1: of brush up before I do the debate with him.
• 1:12:20
  Speaker 1: I think the best thing is for you to be there,
• 1:12:23
  Speaker 1: and you you kind of known my position on capitalism,
• 1:12:25
  Speaker 1: and if you don't think that enough about the ethics
• 1:12:28
  Speaker 1: has come out right, the morality of capitalism, this is
• 1:12:30
  Speaker 1: the morality voltures of socialism, then ask a question about that,
• 1:12:35
  Speaker 1: or or if you don't, if you think the history
• 1:12:37
  Speaker 1: hasn't been covered enough, then then bring up a question
• 1:12:40
  Speaker 1: about the history. So I'm going to leave it up
• 1:12:42
  Speaker 1: to you. Just think about the things that you knowing
• 1:12:48
  Speaker 1: my position on capitalism, your position on capitalism, what what
• 1:12:54
  Speaker 1: could flesh out the argument? What would what would make
• 1:12:58
  Speaker 1: the augment even more convincing? What topic haven't I really
• 1:13:01
  Speaker 1: duped deep enough? Giving us a debate, You're not going
• 1:13:04
  Speaker 1: to cover everything that you would like to see more of,
• 1:13:07
  Speaker 1: and ask a question about that. That's the best advice
• 1:13:11
  Speaker 1: I have. Thank you, Mike, and I'm looking forward to
• 1:13:13
  Speaker 1: seeing you at the debate November thirteenth, Colorado Springs. You
• 1:13:17
  Speaker 1: guys should all show up and ask me questions, not
• 1:13:20
  Speaker 1: the other guy, because when you ask the other guy questions,
• 1:13:22
  Speaker 1: you give him more opportunity to talk. He has answers,
• 1:13:25
  Speaker 1: he said all the questions. It's not like gonna catch him.
• 1:13:29
  Speaker 1: They will evade, they'll do what they need to do.
• 1:13:31
  Speaker 1: They're good bushca who's the guy debating. He's good. I've
• 1:13:36
  Speaker 1: debated him before. He knows this stuff right. What you
• 1:13:40
  Speaker 1: want is to minimize the time he speaks in the
• 1:13:42
  Speaker 1: Q and A. So ask me questions, So maximize the
• 1:13:45
  Speaker 1: time I speak James twice. In the last century, Germany
• 1:13:58
  Speaker 1: fought to rule and impose its culture the rest of
• 1:14:00
  Speaker 1: the world. It lost both wars, but on a deeper level,
• 1:14:04
  Speaker 1: it is achieving its goal. Nonetheless, it is on the
• 1:14:08
  Speaker 1: verge of winning the philosophical war against the West. Well, yes,
• 1:14:12
  Speaker 1: I mean, here's the thing about the philosophical war. It's
• 1:14:15
  Speaker 1: not doing it consciously. It's not like Germany is out there,
• 1:14:18
  Speaker 1: people in Germany out there who you know, we're gonna
• 1:14:21
  Speaker 1: win because everybody's a continent now or everybody. You know,
• 1:14:26
  Speaker 1: they're gonna win by but not because they tried. In
• 1:14:31
  Speaker 1: a sense, it's by default, because the opposition is not
• 1:14:33
  Speaker 1: being strong enough. But not by plan, not by not
• 1:14:37
  Speaker 1: on purpose. They're gonna win. They're just and they're not
• 1:14:42
  Speaker 1: even going to know they won, because they're gonna suffer
• 1:14:44
  Speaker 1: the consequences with the rest of the West. But yes,
• 1:14:48
  Speaker 1: the ideas of German Romanticism, the ideas of kant Hegel, Chopinawa, Marx, Nietzsche,
• 1:14:56
  Speaker 1: ultimately ultimately resulted in what we have today in the
• 1:15:01
  Speaker 1: complete mass and the pragmatism of the right, or the
• 1:15:05
  Speaker 1: pragmatism of the old right, the wokeism and the postmodernism
• 1:15:11
  Speaker 1: of the left, and the rebellion against all that which
• 1:15:16
  Speaker 1: will be Christianity which remember. Kant wrote that his goal
• 1:15:24
  Speaker 1: was to save faith for reason, right, to make room
• 1:15:29
  Speaker 1: for faith because of the threat faith was under by
• 1:15:33
  Speaker 1: the Enlightenment. Well that extent the faith wins, Christianity wins,
• 1:15:40
  Speaker 1: or Islam wins. If you believe Islam is going to
• 1:15:42
  Speaker 1: take over. He won. Kant won because he undermined our
• 1:15:48
  Speaker 1: confidence in reason. He undermined a commitment to reason, and
• 1:15:54
  Speaker 1: by doing so left space for faith, which has only
• 1:15:57
  Speaker 1: grown and grown and grown, and seems to be even
• 1:15:59
  Speaker 1: growing more right now as we speak. Thank you, James,
• 1:16:07
  Speaker 1: appreciate the support Catherine, in which countries are in RAN's
• 1:16:12
  Speaker 1: books forbidden by government to sell this is possible to
• 1:16:15
  Speaker 1: buy your books, for example, and took a ministan iwan Venezuela.
• 1:16:21
  Speaker 1: You know, I don't know. I don't think it's possible
• 1:16:23
  Speaker 1: to buy her books in Yuan. I don't know about
• 1:16:27
  Speaker 1: to Kaministan and Venezuela. I don't think it's illegal to
• 1:16:33
  Speaker 1: buy your books. I don't know that the book still
• 1:16:37
  Speaker 1: carry them, but I don't think it's illegal in Venezuela
• 1:16:39
  Speaker 1: to buy your books. I don't know if it's even
• 1:16:44
  Speaker 1: illegal in Uan to own nine RAN's books. I don't
• 1:16:47
  Speaker 1: know if they have a prohibition. But they're not sold,
• 1:16:50
  Speaker 1: and they're not in FOSSi, and they're not in Arabic,
• 1:16:54
  Speaker 1: so most Arab countries, they don't exist in Uee. Suppose
• 1:16:58
  Speaker 1: you can buy it in English. In China, you can
• 1:17:00
  Speaker 1: buy it in Chinese. In Vietnam you can buy iron
• 1:17:03
  Speaker 1: Man books in Vietnamese. But I'm sure in a lot
• 1:17:08
  Speaker 1: of other smaller countries it hasn't been translated, or it's
• 1:17:11
  Speaker 1: not a big enough market. They just don't exist. It's
• 1:17:14
  Speaker 1: not so much that they've been governments that a banned
• 1:17:16
  Speaker 1: the books, as some countries just don't have a big
• 1:17:19
  Speaker 1: enough market and enough people interested to have the books
• 1:17:23
  Speaker 1: for sale and have them translated. Althoughan's books are translated
• 1:17:28
  Speaker 1: to pretty much every major language out there and many
• 1:17:31
  Speaker 1: many of the minor ones as well, almost every European language,
• 1:17:35
  Speaker 1: many Asian languages, a number of Indian languages, for example,
• 1:17:40
  Speaker 1: I think four Indian different Indian languages. Liam has to
• 1:17:50
  Speaker 1: grow through the objective's movement ever exceeded your expectation or
• 1:17:54
  Speaker 1: has it always been disappointing? Well, I mean, I don't
• 1:17:57
  Speaker 1: think it's ever been disappointing. You know, I would have
• 1:18:01
  Speaker 1: liked it to be bigger, but I don't. I don't think.
• 1:18:03
  Speaker 1: I don't walk around thinking I'm disappointing the growthrough the
• 1:18:06
  Speaker 1: objectives movement? And what does the objective's movement even mean? Right?
• 1:18:14
  Speaker 1: So suddenly during the Tea party era it seemed like
• 1:18:16
  Speaker 1: a rand was everywhere. But was that the objective's movement growing?
• 1:18:21
  Speaker 1: Probably not. It was interested in her ideas in a
• 1:18:23
  Speaker 1: superficial way, growing that didn't result really in a big
• 1:18:27
  Speaker 1: movement growing. So I don't think it's in those terms.
• 1:18:31
  Speaker 1: I don't know what that means. The altimate question is
• 1:18:33
  Speaker 1: the influence on the culture, And the influence on the
• 1:18:36
  Speaker 1: culture is disappointing. And is that disappointing because we don't
• 1:18:39
  Speaker 1: have enough objectivists? Is that disappoint because the objectives we
• 1:18:41
  Speaker 1: have they're not doing enough or not doing the right things,
• 1:18:44
  Speaker 1: are not doing you know. All of that is of
• 1:18:45
  Speaker 1: a debate, But what's disappointing is the the relatively lack
• 1:18:52
  Speaker 1: of impact on the culture, not the size of the
• 1:18:55
  Speaker 1: objective's movements, which nobody can measure anyway, which nobody knows.
• 1:18:58
  Speaker 1: I mean, who's an objects? Do we want to play
• 1:19:02
  Speaker 1: the game? Do you want to list the name of people?
• 1:19:04
  Speaker 1: And I'll tell you yes, objectives nor objectivists. I mean,
• 1:19:07
  Speaker 1: it's hard to do, and it's not it's not what's interesting.
• 1:19:17
  Speaker 1: So you know, the crusade to change the world is
• 1:19:22
  Speaker 1: a crusade taken up by objectivest intellectuals, and there are
• 1:19:27
  Speaker 1: quite a few of those. Am I disappointed in the
• 1:19:30
  Speaker 1: number of intellectuals? Which is I think what matters? Yeah,
• 1:19:35
  Speaker 1: to some extent, I would have liked more. A lot
• 1:19:38
  Speaker 1: of people have dropped off over the years, and a
• 1:19:40
  Speaker 1: lot of people have become non intellectuals or have intellectuals
• 1:19:44
  Speaker 1: but are bad. But I think they're more than ever.
• 1:19:52
  Speaker 1: I see the trend towards even more growth among of intellectuals,
• 1:19:59
  Speaker 1: and that's what's important. What's important is I never in
• 1:20:03
  Speaker 1: my life thought that OBJECTIVESM would win in my lifetime.
• 1:20:07
  Speaker 1: So that's never been the issue. I've never thought OBJECTIVESM
• 1:20:10
  Speaker 1: would win in my lifetime. The question has always been
• 1:20:16
  Speaker 1: will I see movement towards it? Winning someday. An answer
• 1:20:20
  Speaker 1: to that is, yes, I'm seeing the foundations of ever
• 1:20:24
  Speaker 1: growing intellectual base and ever growing intellectual community that will
• 1:20:30
  Speaker 1: ultimately change the world after my lifetime. But that's always
• 1:20:34
  Speaker 1: been the issue. So I know you guys want change
• 1:20:37
  Speaker 1: right now, but it's never been about change right now.
• 1:20:41
  Speaker 1: If you'd ask me thirty years ago, will I see
• 1:20:44
  Speaker 1: change in my lifetime? I would have said no, You're
• 1:20:47
  Speaker 1: not gonna have capitalism in this lifetime. Hopefully you start
• 1:20:49
  Speaker 1: having small movements in that direction, and hopefully you see
• 1:20:54
  Speaker 1: progress in that direction. But that's about it, right, shasbat
• 1:21:06
  Speaker 1: General Melche, this is from Blackada. So the amount of
• 1:21:11
  Speaker 1: land taken, the amount of land taken. This is a
• 1:21:15
  Speaker 1: trench warfare World War One. So the amount of land
• 1:21:18
  Speaker 1: taken is Captain Darling seventeen square feet, Sir Melcher it
• 1:21:23
  Speaker 1: so you see Captain Blackada didn't die horribly in Vain
• 1:21:28
  Speaker 1: after all. So yes, they took seventeen square feet, so
• 1:21:33
  Speaker 1: he didn't die in Vain. So that's the Ukraine War
• 1:21:36
  Speaker 1: right now, Sydney on the Russian side, Andrew Blackada one
• 1:21:43
  Speaker 1: of the best shows ever. You guys should watch it.
• 1:21:45
  Speaker 1: How Chasbad gets all these quotes, I have no idea,
• 1:21:49
  Speaker 1: Andrews says, I know it's a little cliche, but when
• 1:21:52
  Speaker 1: people say try to be present in whatever you're doing,
• 1:21:57
  Speaker 1: I think it's good advice and key to living and
• 1:22:00
  Speaker 1: more joyful life. We should plan for the future, but
• 1:22:04
  Speaker 1: we live in the present. Thoughts. Yeah, I mean absolutely,
• 1:22:08
  Speaker 1: And really all it means is focus, focus, focus on
• 1:22:13
  Speaker 1: what you're doing, and sometimes focus on planning for the future,
• 1:22:17
  Speaker 1: but on whatever you're doing, whatever you're experiencing now, and
• 1:22:20
  Speaker 1: we only experience the present. Focus be in the be
• 1:22:25
  Speaker 1: in the moment, Be be there, don't drift, don't be
• 1:22:29
  Speaker 1: somewhere else. And there's a time to focus on the future.
• 1:22:32
  Speaker 1: When When When that when you have to focus on
• 1:22:34
  Speaker 1: the future because you're planning. Focus. So really, it's a
• 1:22:38
  Speaker 1: it's it's a it's a cliche with a significant moral
• 1:22:42
  Speaker 1: meaning behind it. Be in focus in your life, don't drift,
• 1:22:48
  Speaker 1: don't cloud over, use your mind to focus on facts, reality,
• 1:22:54
  Speaker 1: whatever it is that you're doing. Uh, Andrew says objectivism.
• 1:23:03
  Speaker 1: Objectivism's sanctioning of the use of force in retaliation to
• 1:23:08
  Speaker 1: force is an important departure from Christianity's love the enemy
• 1:23:12
  Speaker 1: and turn the cheek. Yes, I mean, but look nobody, actually,
• 1:23:17
  Speaker 1: nobody who's ever achieved any success politically has ever practiced that. Right,
• 1:23:23
  Speaker 1: So Christianity love your enemy to turn other cheek, unless
• 1:23:28
  Speaker 1: you know the heretics, unless you can convert them to
• 1:23:32
  Speaker 1: unless you're doing God's work, unless you're spreading Christianity. Notice
• 1:23:38
  Speaker 1: that nobody, no system of thought, can achieve anything, has
• 1:23:48
  Speaker 1: moved anyway by has achieved anything by taking to another
• 1:23:54
  Speaker 1: cheek seriously, and Christianity hasn't. It gives litles of a
• 1:24:00
  Speaker 1: to it, it creates guilt associated with it, but it
• 1:24:04
  Speaker 1: doesn't literally do that. I mean, Christianity has slotted gazillions
• 1:24:09
  Speaker 1: of people in the name of spreading the religion, in
• 1:24:12
  Speaker 1: the name of retribution, in the name of justice, in
• 1:24:16
  Speaker 1: the name or whatever. Right. So this is the kind
• 1:24:21
  Speaker 1: of It's just like you know, altruism, you got to
• 1:24:25
  Speaker 1: sacrifice for other people. You just got to live. And
• 1:24:28
  Speaker 1: to the extent you take one hundred percent of sacrifice
• 1:24:30
  Speaker 1: for other people. Seriously, you die and you're gone. Your
• 1:24:33
  Speaker 1: ideology's gone with you. You have to cheat in order
• 1:24:39
  Speaker 1: to survive. And the cheating is what creates the guilt,
• 1:24:42
  Speaker 1: and the guilt is what it allows them to control.
• 1:24:44
  Speaker 1: You Glad to see you and Leonard patch things up.
• 1:24:51
  Speaker 1: You know, I don't know if we've patched things up.
• 1:24:53
  Speaker 1: I don't know exactly what's going on. But I was
• 1:24:55
  Speaker 1: invited to the birthday party and I was there and
• 1:24:58
  Speaker 1: we had some pleasant conversation. But have we patched things up?
• 1:25:03
  Speaker 1: I just don't know. I don't know where I stand.
• 1:25:07
  Speaker 1: Put it that way, but yes, I was at the
• 1:25:10
  Speaker 1: birthday party. I see there's another question about that. Where
• 1:25:13
  Speaker 1: is it? What can you tell us about the party
• 1:25:17
  Speaker 1: house Leonard? You know, I don't want to talk a
• 1:25:20
  Speaker 1: lot about it. I mean, I don't go to these
• 1:25:22
  Speaker 1: parties and not to then you know, tell you how
• 1:25:25
  Speaker 1: I shmoove with Leonard and to get social credit for it,
• 1:25:28
  Speaker 1: which a lot of people do. I was there to
• 1:25:32
  Speaker 1: see Leonard. That was my main goal. He was, it was.
• 1:25:38
  Speaker 1: It's mainly a personal thing. There's no I'm not trying
• 1:25:42
  Speaker 1: to get points from anybody. That's why I'm not gonna
• 1:25:47
  Speaker 1: say we patch it up in Walfriendly and everything's great.
• 1:25:50
  Speaker 1: You know, other people are talking about it because other people,
• 1:25:54
  Speaker 1: I mean not to offend any but particularly about other
• 1:25:57
  Speaker 1: people get I don't know they get added Uh what
• 1:26:02
  Speaker 1: do you call it prestige from being at the party.
• 1:26:05
  Speaker 1: I don't, I you know, one way or the other.
• 1:26:08
  Speaker 1: You know, I am who I am. I don't gain
• 1:26:11
  Speaker 1: that from from the prestige associated with it. I don't
• 1:26:14
  Speaker 1: need to publicly announce it, one way or the other.
• 1:26:19
  Speaker 1: But Leonard, Leonard, he you know, he's weak, he's on oxygen.
• 1:26:28
  Speaker 1: He you know, he's uh, he's definitely failed. He's ninety
• 1:26:31
  Speaker 1: two years old. He's still funny. His long term memory
• 1:26:37
  Speaker 1: is pretty good. The stories about iron Rand uh he
• 1:26:40
  Speaker 1: talked about he did a little thing on on music,
• 1:26:43
  Speaker 1: uh on on ragtime, which is his latest thing that
• 1:26:47
  Speaker 1: he's into, the latest artistic value that he's pursuing, which
• 1:26:52
  Speaker 1: is great. What else do I want to say? You know?
• 1:27:00
  Speaker 1: He he he's aware enough to want to kind of
• 1:27:04
  Speaker 1: poke me and and try to get me to argue
• 1:27:06
  Speaker 1: with him about about Trump. I didn't fall for it,
• 1:27:10
  Speaker 1: so I uh, I he knows my position on Trump,
• 1:27:14
  Speaker 1: and and I didn't. I didn't think that that was
• 1:27:19
  Speaker 1: the place in which the hash out of differences. But
• 1:27:24
  Speaker 1: but yeah, so it was. It was pleasant, it was
• 1:27:29
  Speaker 1: a nice event. It was It's sad to see him
• 1:27:31
  Speaker 1: so weak. But but yeah, that's where we are. I
• 1:27:37
  Speaker 1: think you could say he still backs Trump. I mean,
• 1:27:40
  Speaker 1: I that's the impression he gave me. But it could
• 1:27:42
  Speaker 1: be you know that Trump has gone pro putin again,
• 1:27:47
  Speaker 1: so that could sway Lennon in that direction. I think
• 1:27:52
  Speaker 1: it's it's correct to say. And I don't know, because
• 1:27:54
  Speaker 1: I haven't spoken to Trump about these kind of things
• 1:27:57
  Speaker 1: in a long time, that Trump is very anti poots
• 1:28:00
  Speaker 1: it and and is very upset whenever Trump is pro putin.
• 1:28:05
  Speaker 1: So it could be that this weekend, given what's happened,
• 1:28:08
  Speaker 1: he might switch back to being against Trump. So I
• 1:28:10
  Speaker 1: I don't know. I think it depends on what's actually
• 1:28:13
  Speaker 1: going on at the time. Anyway. Uh, I didn't argue
• 1:28:21
  Speaker 1: with him. I just I just I just said, you know,
• 1:28:26
  Speaker 1: basically implied or we disagreed, and and uh walked on
• 1:28:31
  Speaker 1: and he and he knows he he knew exactly, you know,
• 1:28:34
  Speaker 1: I know Leonard well enough to know exactly what he
• 1:28:35
  Speaker 1: was doing. But but yes, so I'm glad I was there.
• 1:28:42
  Speaker 1: I'm glad I got to see him and one more time.
• 1:28:48
  Speaker 1: You know, who knows, anytime could be a last time. Yeah,
• 1:28:53
  Speaker 1: And and and I hope that we have some kind
• 1:28:56
  Speaker 1: of ongoing communication over the last few years of his life.
• 1:29:01
  Speaker 1: But I don't know. I don't know. Yeah, all buddies
• 1:29:04
  Speaker 1: ribbing each other a little is exactly right. And you know,
• 1:29:10
  Speaker 1: I mean, I'll say this, you know, take it for
• 1:29:13
  Speaker 1: what it is. But I think he knows that if
• 1:29:15
  Speaker 1: we actually got into it, that I'm right or I
• 1:29:19
  Speaker 1: would win in an actual debate between the two of us.
• 1:29:23
  Speaker 1: So I think he knows that, but it doesn't prevent
• 1:29:26
  Speaker 1: him from ribbing me and and wanting him to know
• 1:29:30
  Speaker 1: he disagrees. So it's it's the way it is right,
• 1:29:35
  Speaker 1: all right. But again, he's ninety two, and you have
• 1:29:39
  Speaker 1: to take that into account. That is an important context
• 1:29:41
  Speaker 1: for anything about this, is he's ninety two. OHI haven't
• 1:29:47
  Speaker 1: heard you mentioned Hong Kong in a while. Are they
• 1:29:49
  Speaker 1: still slowly losing their freedom to the Chinese? Do you
• 1:29:52
  Speaker 1: think it's still an exciting place to visit? I mean,
• 1:29:56
  Speaker 1: there's no question they're losing their freedom slowly to chines ease.
• 1:30:01
  Speaker 1: The legal system now is completely embedded into the Chinese
• 1:30:05
  Speaker 1: legal system. But China is careful, right, so it's trying
• 1:30:10
  Speaker 1: not to overdo it because it still relies on China.
• 1:30:14
  Speaker 1: It's Chinese still relized on Hong Kong for as a
• 1:30:18
  Speaker 1: commercial center, primarily as a financial center Chinese. The Hong
• 1:30:21
  Speaker 1: Kong Stock Exchange is still very very important in the
• 1:30:24
  Speaker 1: Chinese and so on. So it has this delicate balance,
• 1:30:32
  Speaker 1: a very delicate balance that it has to it has
• 1:30:35
  Speaker 1: to play off of. So it's not losing. If you
• 1:30:42
  Speaker 1: go to Hong Kong, I doubt that you would notice
• 1:30:46
  Speaker 1: the loss of freedom unless you knew Hong Kong really well.
• 1:30:49
  Speaker 1: So yeah, I think if you went, it would still
• 1:30:51
  Speaker 1: be an exciting place. What would what would reduce the
• 1:30:55
  Speaker 1: excitement is the knowledge, the knowledge that you would have
• 1:30:59
  Speaker 1: of what's going on behind the facade that really freedom
• 1:31:02
  Speaker 1: is in decline, but it's a magnificent place, magnificent place.
• 1:31:10
  Speaker 1: Thank you, oie Remo. Because of you, I am now
• 1:31:13
  Speaker 1: addicted to Korean dramas. Now that my supply has run out,
• 1:31:17
  Speaker 1: you are obliged as my dealer to provide me with
• 1:31:21
  Speaker 1: new recommendations. I struggle because I haven't found any that
• 1:31:28
  Speaker 1: I'm really that excited about. I started watching a few,
• 1:31:31
  Speaker 1: but I haven't finished any of them, so I'm not
• 1:31:34
  Speaker 1: quite there yet. You might have to, you might have
• 1:31:38
  Speaker 1: to suffer from withdraw symptoms for a while until either
• 1:31:43
  Speaker 1: you are. You probably know more Korean dramas than I do.
• 1:31:47
  Speaker 1: One thing I would recommend is take the favorite one.
• 1:31:50
  Speaker 1: My favorite one is Mister Sunshine and watch it again,
• 1:31:54
  Speaker 1: and Mister Sunshine in particular, I think you'll enjoy, maybe
• 1:31:58
  Speaker 1: even more the second time than the first time. Remo says,
• 1:32:02
  Speaker 1: I disagree with I ran on a view female president
• 1:32:05
  Speaker 1: because I don't think this world has seen a lot
• 1:32:07
  Speaker 1: of male politicians who do better job than Margaret Thatcher.
• 1:32:11
  Speaker 1: I don't think I ranned said what she said about
• 1:32:15
  Speaker 1: a female president from the perspective of she couldn't do
• 1:32:19
  Speaker 1: a good job. It wasn't her perspective. Her perspective was psychological.
• 1:32:23
  Speaker 1: Her perspective was a real woman wouldn't want the job,
• 1:32:31
  Speaker 1: and I wouldn't want to vote for somebody who wasn't
• 1:32:34
  Speaker 1: real innocence. So it wasn't that the woman couldn't do
• 1:32:38
  Speaker 1: the job. Is that no decent woman would want to
• 1:32:42
  Speaker 1: do the job? I have no I mean, I don't
• 1:32:46
  Speaker 1: know what I mean would have done, but yeah, I
• 1:32:48
  Speaker 1: have no qualms about voting for a woman president or
• 1:32:51
  Speaker 1: woman prime minister. If they're better than the male running
• 1:32:55
  Speaker 1: against them, you know, the the choice the choices are
• 1:32:59
  Speaker 1: so bad today that the psychological motivations of white people
• 1:33:04
  Speaker 1: take the job that they take, even if you agree
• 1:33:06
  Speaker 1: with Iman about the psychology of it, just not on
• 1:33:12
  Speaker 1: the same level as kind of the existential threat that
• 1:33:15
  Speaker 1: some of these male candidates pose. But yes, I think
• 1:33:21
  Speaker 1: that essay is more psychological essay than is a philosophical
• 1:33:24
  Speaker 1: one ice peak. I recently saw a clip from you
• 1:33:30
  Speaker 1: of you from two thousand and two? Was your way
• 1:33:34
  Speaker 1: of speaking different back then? To me? You sounded very
• 1:33:36
  Speaker 1: similar to Milton Friedman? Ever heard that comparison? No, I've
• 1:33:41
  Speaker 1: never heard that comparison. I think I saw. Yeah, I
• 1:33:45
  Speaker 1: don't know. I mean, the question is, is the clip
• 1:33:48
  Speaker 1: of me reading something because most of my lecturing in
• 1:33:51
  Speaker 1: those days I was reading from script or wasn't me
• 1:33:55
  Speaker 1: answering a Q and A because the Q and A
• 1:33:58
  Speaker 1: part is more like the way I today, I think,
• 1:34:02
  Speaker 1: whereas the lecturing part was that I was reading a script,
• 1:34:05
  Speaker 1: so it would be different, uh, evil key, something like that.
• 1:34:13
  Speaker 1: How do you think about the blowback comedians? The blowback
• 1:34:18
  Speaker 1: comedians face for the Read Festival Political leaders have given
• 1:34:23
  Speaker 1: much worse sanction with little consequence. I'm out for the blowback.
• 1:34:29
  Speaker 1: I mean, the fact that somebody else got away with
• 1:34:31
  Speaker 1: it doesn't mean you shouldn't have the blowback. And I
• 1:34:33
  Speaker 1: think particularly for comedians, I mean you're talking about people
• 1:34:38
  Speaker 1: who the whole profession relies on the idea of free speech.
• 1:34:43
  Speaker 1: The whole point of what they do is make fun
• 1:34:47
  Speaker 1: of the authorities of the people in power, if you will,
• 1:34:51
  Speaker 1: of bad stuff in society. And for them to go
• 1:34:55
  Speaker 1: to Riad, a place where atheists are putting jail with
• 1:35:00
  Speaker 1: if you criticized the family, you go to jail and
• 1:35:03
  Speaker 1: jail and throw away the keys. I think it's disgusting
• 1:35:06
  Speaker 1: and I'm sure they weren't free to make any jokes
• 1:35:09
  Speaker 1: they wanted. Imagine them being on a stage in Rietda
• 1:35:13
  Speaker 1: making a joke about Muhammad about the Quran. I mean,
• 1:35:17
  Speaker 1: they'd be put in jail. And I would never go
• 1:35:21
  Speaker 1: to a place to give a talk where, you know,
• 1:35:27
  Speaker 1: certain things that I said would land me up in jail.
• 1:35:31
  Speaker 1: Maybe it's going to be difficult to go to Europe.
• 1:35:35
  Speaker 1: But I mean Saddie Rave is such a stark example
• 1:35:39
  Speaker 1: of that, such a stocky example of that. So yeah,
• 1:35:43
  Speaker 1: the backlash wasn't strong enough. It should be much stronger,
• 1:35:47
  Speaker 1: And yeah, we should have the same backlash on politicians
• 1:35:52
  Speaker 1: Abram Compass. A race of the presidency is extremely close.
• 1:35:56
  Speaker 1: The candidates are Trump and Mumdani Oh my god, Yuran Brooks.
• 1:36:01
  Speaker 1: Vote will determine the outcome. Who wins. I guess I
• 1:36:04
  Speaker 1: commit suicide. I don't know. I have no idea. It
• 1:36:10
  Speaker 1: depends what's going on in the world and who I perceive,
• 1:36:13
  Speaker 1: given what's going on in the world, as the greatest
• 1:36:15
  Speaker 1: threat under those circumstances. The advantage of Mum Donnie, there's
• 1:36:20
  Speaker 1: a big advantage of Mum Donnie, is that this failure
• 1:36:23
  Speaker 1: will be more obvious, faster, and his failure will be
• 1:36:28
  Speaker 1: in the name of socialism and hopefully on a national scale,
• 1:36:34
  Speaker 1: because he can really implement socialism on a nascal scale.
• 1:36:37
  Speaker 1: It will be such a disaster that people will never
• 1:36:40
  Speaker 1: want to socialist again. Whereas Trump's failures, He's also a socialist,
• 1:36:49
  Speaker 1: basically a different kind of socialists, more fascist socialist but
• 1:36:52
  Speaker 1: more fascist, also going to fail, but the failures are
• 1:36:57
  Speaker 1: going to be blamed on capitalism, and therefore Trump is
• 1:37:02
  Speaker 1: laying the groundwork for Mom Donni. Mamdanni maybe lays the
• 1:37:07
  Speaker 1: GROUNDWORLK for Trump. I mean, it's a no win, It's
• 1:37:10
  Speaker 1: it's what happens there is you move to a different country.
• 1:37:18
  Speaker 1: I mean, uh, I just don't know. I just don't
• 1:37:22
  Speaker 1: see how any good can come from either one of
• 1:37:26
  Speaker 1: those either one of those, So couldn't vote for either one. Yeah,
• 1:37:43
  Speaker 1: I mean they make capitalism is not blamed if you
• 1:37:45
  Speaker 1: vote for mom Donni. But who is going to take
• 1:37:48
  Speaker 1: advantage of the of the increased authoritarianism that Mumdanni wouldring
• 1:37:52
  Speaker 1: to the world. Well, somebody on the right who's more fascist. Look,
• 1:37:55
  Speaker 1: you can't you can't escape with these kind of candidates.
• 1:37:59
  Speaker 1: You can't escape the consequences of the dim hypothesis of
• 1:38:03
  Speaker 1: the evolution of ideas and the way they they manifest
• 1:38:06
  Speaker 1: in reality. You can't. You just can't escape it. And
• 1:38:10
  Speaker 1: this is the real tragedy of Trump. He is setting
• 1:38:12
  Speaker 1: us up for an M two and and And it's
• 1:38:16
  Speaker 1: so obvious, and it's so right there in our face.
• 1:38:19
  Speaker 1: That's what he's setting us up for. And Mamdani would
• 1:38:23
  Speaker 1: probably set us up for the same thing. I mean,
• 1:38:25
  Speaker 1: because that is where we're heading. It's just a question
• 1:38:28
  Speaker 1: of the speed. Who buys us more time? And I
• 1:38:31
  Speaker 1: don't know who buys us more time. It's it's hard
• 1:38:33
  Speaker 1: to tell. It depends on what's happening in the world
• 1:38:35
  Speaker 1: at that particular moment. I think Trump is really really,
• 1:38:41
  Speaker 1: really bad. If you haven't figured that out yet, really
• 1:38:44
  Speaker 1: really bad, Harpercampbell. Should ICE agents be forced to unmask
• 1:38:50
  Speaker 1: Should the public have the right to identify public figure officials? Absolutely,
• 1:38:55
  Speaker 1: there's no even question. Nobody in government should be masked.
• 1:39:00
  Speaker 1: I mean maybe special forces when they go overseas in
• 1:39:05
  Speaker 1: the United States. No government officials should or somebody doing
• 1:39:10
  Speaker 1: I mean, I don't believe in government secrets. I believe
• 1:39:13
  Speaker 1: the number of secrets should be minimal those necessary to protect,
• 1:39:19
  Speaker 1: you know, very very essential national security issues. But that's it.
• 1:39:23
  Speaker 1: Most things should be public. The government is your servant.
• 1:39:29
  Speaker 1: Remember this, ICE is your servants. The police are your servants.
• 1:39:37
  Speaker 1: The military is your servants. You don't have your servants
• 1:39:41
  Speaker 1: walking around the house without revealing their identity covered up.
• 1:39:48
  Speaker 1: That is bizarre. The Secret Service are your servants. Of
• 1:39:53
  Speaker 1: course they should identify themselves well in the Secret Service
• 1:39:58
  Speaker 1: is when have you ever seen the Secret Service wear masks?
• 1:40:02
  Speaker 1: I've never seen it. Never seen a secret service guy
• 1:40:05
  Speaker 1: wearing a mask. So no secrets because they work for you.
• 1:40:17
  Speaker 1: If your attitude is the government works for me, ice
• 1:40:20
  Speaker 1: agents work for me. I RS agents work for me.
• 1:40:26
  Speaker 1: The new attitude to us, this is very simple and easy.
• 1:40:31
  Speaker 1: I want to know who's doing what in my name.
• 1:40:38
  Speaker 1: I don't care if they're putting their relations at risks.
• 1:40:41
  Speaker 1: It doesn't matter if they're putting their life. If that's
• 1:40:43
  Speaker 1: the job, The job is to put their life at risk.
• 1:40:45
  Speaker 1: That's what the police do, is what the military do. Now,
• 1:40:50
  Speaker 1: I don't think they are I think it's all way
• 1:40:52
  Speaker 1: exaggerated and but I mean that's the job. And you
• 1:41:02
  Speaker 1: don't hide from the people who employ you, which is us,
• 1:41:07
  Speaker 1: the American people. That doodo bunny. Most people need to
• 1:41:13
  Speaker 1: have a god. I have no idea why. Well, but
• 1:41:16
  Speaker 1: you don't know that most people need to have a god.
• 1:41:18
  Speaker 1: Most people have chosen to have a god. I don't
• 1:41:22
  Speaker 1: know where you get that they need to have a god.
• 1:41:26
  Speaker 1: They've chosen. It doesn't mean they need it. Your job
• 1:41:30
  Speaker 1: is to convince them they don't. The atheist realist first
• 1:41:36
  Speaker 1: super chat ever, thank you, thank you well. It's a sticker,
• 1:41:39
  Speaker 1: but thank you from New Zealand. I really appreciate that.
• 1:41:43
  Speaker 1: See did I miss any other stickers? I think they
• 1:41:45
  Speaker 1: got them all. Oh, Woland, thank you, Woland. Really appreciate
• 1:41:50
  Speaker 1: it all right, not you have a job a gohorithm.
• 1:41:53
  Speaker 1: Maybe the Enlightenment can die. Everything can die. I don't
• 1:41:56
  Speaker 1: think there's such a thing as can't die. It is
• 1:41:59
  Speaker 1: true that human knowledge is incredibly diffused, and as such
• 1:42:05
  Speaker 1: it's unlikely, whenunlikely, to experience a global Dark Ages. And
• 1:42:10
  Speaker 1: indeed it turns out that even the Dark Ages that
• 1:42:14
  Speaker 1: happened was not global. It was just European Dark Ages.
• 1:42:18
  Speaker 1: But civilizations at the level of the time thrived during
• 1:42:23
  Speaker 1: the European Dark Ages. They thrived in India, they thrived
• 1:42:27
  Speaker 1: in China, they thrived in Central Asia, and for a
• 1:42:31
  Speaker 1: period starting at about eight hundred AD, they thrived in
• 1:42:34
  Speaker 1: the Muslim world, in the entire Muslim world, including in Arabia,
• 1:42:39
  Speaker 1: in the Middle East and all the way to Spain.
• 1:42:42
  Speaker 1: So we've never had everything collapsed everywhere in an interconnected
• 1:42:51
  Speaker 1: world the way we have today. Maybe it can't, but yeah,
• 1:42:59
  Speaker 1: I'm not pessimistic about the very distant future. I'm optimistic
• 1:43:04
  Speaker 1: about that. Thomas thank you really appreciate the support. So
• 1:43:12
  Speaker 1: you conducted an opera on zero notice. So congratulations, Congratulations Clark.
• 1:43:23
  Speaker 1: Assuming trends continue. What's your strategy for living on a
• 1:43:27
  Speaker 1: dictatorship when you're in your eighties and nineties. Well, I
• 1:43:30
  Speaker 1: mean it's I still think it's going to be a
• 1:43:33
  Speaker 1: relatively soft dictatorship. I don't think it will be a
• 1:43:35
  Speaker 1: sutalitarian dictatorship. And you know, I don't know. I don't
• 1:43:40
  Speaker 1: have a long term strategy for that. I will, I
• 1:43:43
  Speaker 1: will play it by year because we'll see how the
• 1:43:47
  Speaker 1: nature of the dictatorship will als, to see if it's
• 1:43:51
  Speaker 1: you know, global, if the places I can go where
• 1:43:54
  Speaker 1: I don't you know, I can, I can live free
• 1:43:58
  Speaker 1: of that. But I'm not making plans for a dictatorship
• 1:44:04
  Speaker 1: in my eighties and nineties, you know. And I'm assuming
• 1:44:07
  Speaker 1: in my nineties I'm going to be less vocal than
• 1:44:11
  Speaker 1: I am today. We'll see. It really depends on how
• 1:44:17
  Speaker 1: sharp my mind is. If my mind's not that sharp,
• 1:44:21
  Speaker 1: then it would be an embarrassment for me to be
• 1:44:23
  Speaker 1: overly vocal. So hopefully I'll have enough friends telling me
• 1:44:28
  Speaker 1: you're on it's time to retire. So please if there
• 1:44:31
  Speaker 1: are people out there who listen to the show who
• 1:44:34
  Speaker 1: are in a position to tell me I should retire.
• 1:44:37
  Speaker 1: Please let me know when you think my mind is
• 1:44:40
  Speaker 1: just not there and I should retire. I promised to
• 1:44:42
  Speaker 1: take it well. I might not agree with you, but
• 1:44:44
  Speaker 1: I promised to take it well. So you know, I
• 1:44:47
  Speaker 1: don't know. I don't know. Andrew, what do you think
• 1:44:53
  Speaker 1: of this corollary between finance and morality? Mouel investing take
• 1:45:00
  Speaker 1: actions that cost you now in energy, time, et cetera.
• 1:45:04
  Speaker 1: But would you expect are likely to pay more later?
• 1:45:08
  Speaker 1: And self esteem? Oh, model investing. Yeah, I mean it's
• 1:45:16
  Speaker 1: not a bad analogy. I think it's good generally. I
• 1:45:19
  Speaker 1: think that whereas Christianity or conventional morality views morality in
• 1:45:28
  Speaker 1: terms of sacrifice, I think morality should be viewed in
• 1:45:31
  Speaker 1: terms of trade and investment, trade with other people, trade
• 1:45:38
  Speaker 1: and trade over time, which is what investment is. So
• 1:45:42
  Speaker 1: I would like to replace all of the vocabulary of
• 1:45:46
  Speaker 1: sacrifice with the vocabulary of trade and investment in that sense. Absolutely,
• 1:45:50
  Speaker 1: you might not. I mean, when Howard Rock turns down
• 1:45:54
  Speaker 1: the Bank Commission, they're offering him a lot of money,
• 1:45:58
  Speaker 1: but he would have to give up his oartistic integrity
• 1:46:00
  Speaker 1: in order to get it, and he says, no, what
• 1:46:03
  Speaker 1: is he doing there? He's basically giving up in that sense, investing,
• 1:46:11
  Speaker 1: you know, losing in the presence in order to gain
• 1:46:15
  Speaker 1: something much much greater in the future. And in that sense,
• 1:46:18
  Speaker 1: it's not a loss, it's a trade. He's trading away
• 1:46:23
  Speaker 1: the money that he would get from the bank building
• 1:46:26
  Speaker 1: to maintain his integrity so he can gain the self
• 1:46:29
  Speaker 1: esteem not just in the future, but really immediately. Supkaski
• 1:46:41
  Speaker 1: is worried about replacing me. We've got I don't know,
• 1:46:46
  Speaker 1: twenty years to worry about that. It's twenty years. We'll
• 1:46:49
  Speaker 1: find somebody in twenty years, find somebody in twenty years, Nikos.
• 1:46:55
  Speaker 1: Maybe I mean a lot of people who might replace
• 1:46:58
  Speaker 1: me over the next twenty years. Plenty of time to
• 1:47:02
  Speaker 1: think about replacements. And they're gonna be lots of They're
• 1:47:05
  Speaker 1: gonna be lots of options. I'm gonna be replaced by
• 1:47:08
  Speaker 1: many people, not by one. I'm still expecting that day
• 1:47:14
  Speaker 1: where there'll be twenty thirty forty objectives intellectuals doing what
• 1:47:18
  Speaker 1: I'm doing on a regular basis. Michael, imagine storming the
• 1:47:27
  Speaker 1: beaches of Normandy just for your grandkids to vote fascism
• 1:47:31
  Speaker 1: back in eighty years. Eighty years later, Well, I mean
• 1:47:35
  Speaker 1: we're not quite there yet, we're not fascist yet. And yeah,
• 1:47:40
  Speaker 1: I mean eighty years of freedom is not a bad
• 1:47:42
  Speaker 1: not bad. It's your lifetime, right, Worry less about your grandkids,
• 1:47:47
  Speaker 1: worry more about yourself. And storming the beaches of Normandy
• 1:47:50
  Speaker 1: with the idea that you're preserving freedom and they did
• 1:47:52
  Speaker 1: so eighty years is nothing to sneeze at. It's it's
• 1:47:55
  Speaker 1: a lifetime. So yeah, I don't know that anybody stormed
• 1:48:02
  Speaker 1: Normody for the sake of people eighty years in the future.
• 1:48:06
  Speaker 1: They stole Normody for the sake of the people they
• 1:48:08
  Speaker 1: loved right then and there and their children. But there's
• 1:48:12
  Speaker 1: only so many, so much you can think way out
• 1:48:15
  Speaker 1: into the future. Clark, you say you're not going to know,
• 1:48:21
  Speaker 1: you say we're not going to Nazi Germany. But racism,
• 1:48:24
  Speaker 1: anti Semitism and nationalism are completely mainstream. This combination is
• 1:48:29
  Speaker 1: the essence of Nazism. I don't think it's mainstream. I
• 1:48:33
  Speaker 1: think it's it's a minority of people, actually, a pretty
• 1:48:39
  Speaker 1: small minority of people who happen to be very very
• 1:48:42
  Speaker 1: active online. But it's not mainstream. Look at how people
• 1:48:47
  Speaker 1: most people. Most people responded to the young Republicans with outrage.
• 1:48:52
  Speaker 1: Many of them had to resign. That's not mainstream. If
• 1:48:55
  Speaker 1: there was mainstream, none of them would resign and they
• 1:48:58
  Speaker 1: would just say, oh, okay, nothing special about that. The
• 1:49:02
  Speaker 1: fact that they were still condemned and that they had
• 1:49:06
  Speaker 1: to resign suggest that it's not mainstream. Let's see hup
• 1:49:22
  Speaker 1: of Campbell. Why do unions exist in manufacturing and non
• 1:49:26
  Speaker 1: in Silicon Valley? Well, I mean they're not that many unions.
• 1:49:30
  Speaker 1: In manufacturing, unions have been in decline since the nineteen fifties,
• 1:49:36
  Speaker 1: and that's there in which Silicon Valley rose. The other
• 1:49:40
  Speaker 1: aspect of this is Silicon Valley very much rose on
• 1:49:45
  Speaker 1: a mentality of individualism, of meriat of achievements and compensition
• 1:49:54
  Speaker 1: based on achievement. It very much rose on that kind
• 1:49:57
  Speaker 1: of ethic, and that was the ethnic of the unions.
• 1:50:01
  Speaker 1: So it was never appealing in Silicon Valley, and in
• 1:50:06
  Speaker 1: the Silicon Valley rose at the time, unions were declining,
• 1:50:09
  Speaker 1: and indeed in new industries industries for example, all over
• 1:50:12
  Speaker 1: the South, they're no unions. Unions are phenomena of the
• 1:50:16
  Speaker 1: past and exist. You know, in old industries, the one
• 1:50:23
  Speaker 1: place where you see unions getting stronger is the government.
• 1:50:26
  Speaker 1: That's where you're seeing more and more unions and things
• 1:50:31
  Speaker 1: like cleaners, you know, manual labor, very simple manual labor.
• 1:50:38
  Speaker 1: But unions generally have been in decline for decades. Milko.
• 1:50:43
  Speaker 1: Hi you on if you tried the bust on vinegar.
• 1:50:46
  Speaker 1: Not yet, but we did. We did get it to
• 1:50:48
  Speaker 1: the US, we did get it home, so we do
• 1:50:50
  Speaker 1: have it. We'll try it. I'll let you know. Thank
• 1:50:53
  Speaker 1: you for the supports. Good seeing you again. Good uh
• 1:50:56
  Speaker 1: seeing you here again? And yes I still owe you
• 1:50:59
  Speaker 1: some day for next year. Well, I'll get back to
• 1:51:03
  Speaker 1: you once I know what I'm doing, evil key or whatever.
• 1:51:07
  Speaker 1: Can you talk about the government back credit rating agencies
• 1:51:10
  Speaker 1: affecting the debt issue issues you discussed. Well, I don't
• 1:51:15
  Speaker 1: know how they've affected these particular issues because I haven't
• 1:51:19
  Speaker 1: really delved deeply into this, But the credit agencies in
• 1:51:24
  Speaker 1: the past have done a really, really, really bad job
• 1:51:28
  Speaker 1: in identifying risks of debt and adjusting their ratings, and
• 1:51:33
  Speaker 1: it wouldn't surprise me if they failed this time as well.
• 1:51:37
  Speaker 1: There are only three, or used to be only three
• 1:51:40
  Speaker 1: credit rating agencies and only three because the government has
• 1:51:45
  Speaker 1: only basically signed off on three, and the government also
• 1:51:49
  Speaker 1: forces suddenly investment vehicles to only invest in raided securities
• 1:51:56
  Speaker 1: by these three, So it kind of creates a built
• 1:51:59
  Speaker 1: in market for these pathetic, losing rating agencies. But I
• 1:52:05
  Speaker 1: don't know. It wouldn't be surprised if they were all
• 1:52:08
  Speaker 1: triple A rating because these rating agencies are really really
• 1:52:14
  Speaker 1: pathetic because they never suffer from the if you will,
• 1:52:18
  Speaker 1: creative destruction the forces of markets when they fail, because
• 1:52:23
  Speaker 1: they know that nobody can compete them away because the
• 1:52:27
  Speaker 1: government has only granted them the ability to rate, and
• 1:52:31
  Speaker 1: people rely on these ratings because some investors have to
• 1:52:36
  Speaker 1: they have no choice. Others are skeptical and often don't
• 1:52:40
  Speaker 1: invest in the securities that these rating agencies produce. But sadly,
• 1:52:46
  Speaker 1: not enough people understand the extent to which the rating
• 1:52:49
  Speaker 1: agencies are oligopoly created by government, inefficient, uncompetitive, and error prone.
• 1:52:59
  Speaker 1: Andrew effort quaw effort is not painful unless one makes
• 1:53:04
  Speaker 1: it so. But do many people make it so? I
• 1:53:07
  Speaker 1: don't know. Sometimes effort is painful, So effort quaw effort,
• 1:53:12
  Speaker 1: I mean, when you're doing lunges with like heavy weights
• 1:53:17
  Speaker 1: in both hands. Sometimes your muscles are really pain It's
• 1:53:22
  Speaker 1: really painful. So I don't know what kind of effort
• 1:53:25
  Speaker 1: you're talking about. Certainly physical effort can be painful, and
• 1:53:29
  Speaker 1: it's not a psychological issue. Just this painful because your
• 1:53:31
  Speaker 1: muscles are whipping. A lot of people make any kind
• 1:53:37
  Speaker 1: of effort painful because we live in a world which
• 1:53:41
  Speaker 1: is so in many aspects of life anti effort, and
• 1:53:47
  Speaker 1: effort is resented, and so people, you know, people fight
• 1:53:55
  Speaker 1: against it, fight against the need for it, and you
• 1:54:01
  Speaker 1: know that becomes painful psychologically. All right, I'll remind you
• 1:54:06
  Speaker 1: two more questions, but i'll remind you tonight seven pm
• 1:54:10
  Speaker 1: East Coast time, two hours. Basically, I'm doing the show
• 1:54:13
  Speaker 1: on Margaret Thatcher one hundredth birthday to Margat Thatcher. Should
• 1:54:16
  Speaker 1: be fun sponsored by Alexis. Have you seen the Bible
• 1:54:21
  Speaker 1: Settler attacks video today going around Twitter? Any additional information
• 1:54:24
  Speaker 1: for you? And this is O Neil No. I wonder
• 1:54:29
  Speaker 1: about the videos, that is, are they real? To what
• 1:54:33
  Speaker 1: extent are they docted? Given the sources, right, I haven't
• 1:54:37
  Speaker 1: seen any confirmation of the videos from reliable sources. But
• 1:54:42
  Speaker 1: on the other hand. You know the settlers. These are
• 1:54:46
  Speaker 1: religious fanatics who are Messianic and you know, faith based,
• 1:54:53
  Speaker 1: and these are bad people. And if I were running
• 1:54:58
  Speaker 1: the Israeli government, I'd put them in jail and they
• 1:55:01
  Speaker 1: should go to jail. And it was a different government,
• 1:55:04
  Speaker 1: not maybe not this particular goverment, they would go to jail.
• 1:55:07
  Speaker 1: So one of the problems with this government is they're
• 1:55:08
  Speaker 1: way too tolerant, way too allowing of these religious fanatics
• 1:55:14
  Speaker 1: who violate individual rights in the West Bank and and
• 1:55:18
  Speaker 1: and attack Palestinians. You have to be careful about any
• 1:55:22
  Speaker 1: particular claim, but generally it's happening and the government is
• 1:55:27
  Speaker 1: not doing enough to stop it. And that's one of
• 1:55:29
  Speaker 1: the many things I do not like about. You know this,
• 1:55:38
  Speaker 1: this particular government fan opusas I like you interview with
• 1:55:42
  Speaker 1: Maxim Bashev. I met him at okonn and thought he
• 1:55:46
  Speaker 1: was a good guy. Yeah, I think he's a good guy.
• 1:55:48
  Speaker 1: I hope everyone finds and watches it. Yeah, I'd be
• 1:55:50
  Speaker 1: putting it up. It should make it up to my
• 1:55:54
  Speaker 1: channel soon, So to be coming up on my channel soon,
• 1:55:57
  Speaker 1: maybe at the end of this week, so I'll be
• 1:56:00
  Speaker 1: able to see it. If you can't find it on
• 1:56:02
  Speaker 1: Maksim's channel. All right, guys, I will see you all
• 1:56:07
  Speaker 1: in two hours to talk about Margaret Thatcher. Don't miss that.
• 1:56:09
  Speaker 1: It'd be positive and fun and and and and uh
• 1:56:13
  Speaker 1: and good, so join us there. Thank you to all
• 1:56:16
  Speaker 1: the super chatters, thank you to all the supporters. And
• 1:56:19
  Speaker 1: if you don't catch me later today, there is a
• 1:56:21
  Speaker 1: show tomorrow at the same time. I think it's at
• 1:56:24
  Speaker 1: three o'clock tomorrow. So bye everybody, see you soon.