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Carlson/Huckabee Interview; Mexico Cartels; Iran; Ukraine; Tariffs; Peru | Yaron Brook Show · Yaron Brook Show

• 0:02
  Speaker 1: Oh, a lot of fundamental principles of widow national, self
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  Speaker 2: that's a Saturday from one to five pm. From one
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  Speaker 2: to five pm on capitalism. All right, let's jump in
• 1:56
  Speaker 2: with this costing Huckabee interview. I don't know if you
• 1:59
  Speaker 2: saw this, but this is the interview is circulating all
• 2:02
  Speaker 2: over the place, and clips of its circulating, and UH
• 2:06
  Speaker 2: Cosson is doing some dishonest editing to it and circulating
• 2:10
  Speaker 2: to make how could we look? Particularly bad? But how
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  Speaker 2: could we be? Looks pretty bad, so it's not that hard
• 2:15
  Speaker 2: to make how could we look bad? This is a
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  Speaker 2: terrible interview, a terrible interview because a tacker Cosson comes
• 2:23
  Speaker 2: into it with one agenda item, and that is to
• 2:26
  Speaker 2: make UH.
• 2:27
  Speaker 3: To make Israel look really, really really.
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  Speaker 2: Bad, to make it look like the United States basically
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  Speaker 2: is controlled by Israel and manipulated by Israel, to make
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  Speaker 2: it clearly Israel has no right to exist, UH, and
• 2:42
  Speaker 2: and to make it look like Israel is this place
• 2:45
  Speaker 2: that's just an anti Christian haven for child molesters, and
• 2:50
  Speaker 2: that that's his agenda. And the whole interview has got
• 2:53
  Speaker 2: your questions, uh for Hackabe, and we'll go over some
• 2:56
  Speaker 2: of the questions and answers that go through.
• 3:00
  Speaker 3: And again, I wouldn't be.
• 3:01
  Speaker 2: Talking about this if Tucker wasn't as popular as he is,
• 3:04
  Speaker 2: as popular among the Republicans as he is, as popular
• 3:07
  Speaker 2: among young Republicans as he is, as popular among people
• 3:10
  Speaker 2: who watch my videos as he is. Based on the
• 3:12
  Speaker 2: comments that I get on videos that I put up
• 3:16
  Speaker 2: of his, so he's an important figure in American culture.
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  Speaker 2: Sadly he has become, I don't know, one of the
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  Speaker 2: most obnoxious, lying, really evil people in a media landscape.
• 3:36
  Speaker 2: I can't think of anybody quite as bad as he is.
• 3:41
  Speaker 2: You know, Candis Own is worse in some regards, but
• 3:43
  Speaker 2: Kendic is so ridiculous that anybody who takes us seriously,
• 3:50
  Speaker 2: you know, why would anybody take it seriously? In other words,
• 3:53
  Speaker 2: she's just so far gone that she's irrelevant.
• 3:57
  Speaker 3: Tucker's not.
• 3:58
  Speaker 2: Tucker's relevant, Tucker's involved, Tucker's a big shot. Tucker is
• 4:02
  Speaker 2: more so than somebody like thing for antists Tucker's Tucker
• 4:06
  Speaker 2: is still at the heart of the Republican Party and
• 4:08
  Speaker 2: represents a big chunk of the Republican Party. So so
• 4:12
  Speaker 2: it was, Uh, it was something. It's it's a big
• 4:15
  Speaker 2: deal this interview, right, Uh Tucker has influence and his
• 4:23
  Speaker 2: him doing this interview and uh putting it out there
• 4:27
  Speaker 2: and uh making this case about Israel and Jews, is
• 4:37
  Speaker 2: uh filming energizing and I think providing providing, providing, you know, energy,
• 4:48
  Speaker 2: I guess energizing. Uh, the anti Semitic, anti Israel right
• 4:52
  Speaker 2: in the United States. And it's horrific and sadly, Huckaby
• 4:59
  Speaker 2: is awful defending Israel. Huckaby is not good at defending Israel.
• 5:04
  Speaker 2: Why is how could be not good at defending Israel?
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  Speaker 2: Because Hakkabi is a religious not Hukabi is not a
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  Speaker 2: good guy, right. Kabi is uh, you know, is a
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  Speaker 2: is you know, a religious not an evangelical Christian who
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  Speaker 2: sees the world through a very very religious prism and
• 5:25
  Speaker 2: therefore can't provide a reasoned defense of Israel. Can't stand
• 5:31
  Speaker 2: up to Tucker because, I mean, Hukkabi's defensive Israel is
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  Speaker 2: just as irrational as.
• 5:40
  Speaker 3: Tucker's attack on Israel.
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  Speaker 2: And this is why how could he got into a
• 5:52
  Speaker 2: huge trouble because Arab countries are flipping out now again,
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  Speaker 2: the editing that Tucker did was I think, uh, not
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  Speaker 2: exactly fair and the question out of context, and it
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  Speaker 2: took out all of Kabi's attempts to explain what he meant.
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  Speaker 3: So what happened here?
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  Speaker 2: Hawkub He's you know, how can we talking about basically, uh,
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  Speaker 2: the moral right of Israel to exist? What is Israel's
• 6:22
  Speaker 2: right to exist? And how Kabi, among other things, makes
• 6:27
  Speaker 2: the point that Israel's a big deal out of the
• 6:30
  Speaker 2: fact that israel rights exist is based on the fact
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  Speaker 2: that God promised in Genesis promised Abraham Israel. He promised
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  Speaker 2: a land for Abraham, and therefore this is the biblical
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  Speaker 2: land promised to God to the Jewish people, and therefore
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  Speaker 2: this is the jews ancestral home, and therefore Jews have
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  Speaker 2: a right to establish a country in this land. It's biblical.
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  Speaker 2: In other words, so Texa says, team, you know, I
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  Speaker 2: read that passage in Genesis, and in that passage in Genesis,
• 7:10
  Speaker 2: God actually promises much more than that to Abraham. He
• 7:16
  Speaker 2: basically says, I promise you all the land, everything, every
• 7:20
  Speaker 2: way you walk is going to be yours, and the
• 7:22
  Speaker 2: future will be yours. And he basically promises him a
• 7:26
  Speaker 2: land that goes from Mesopotamia, from Euphader's River, from modern
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  Speaker 2: day northern Iraq all the way to the Nile, all
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  Speaker 2: the way to Egypt. It would include Jordan, it would
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  Speaker 2: include Syria, would include Lebanant, much of Lebanon, it would
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  Speaker 2: even include a portion of Egypt. And God has promised
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  Speaker 2: him all of that, and and and and uh so,
• 7:48
  Speaker 2: Texas says to how could be so? So Israel has
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  Speaker 2: a right to all of that? And and you know,
• 7:57
  Speaker 2: how could be kind of hums and hulls and basically says, yeah,
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  Speaker 2: let them take.
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  Speaker 3: It all kind of thing in a flippant kind of way.
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  Speaker 2: And then he realizes he's screwed up, and he goes
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  Speaker 2: back and says, look, they don't really, they don't want that.
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  Speaker 3: We're not talking about that.
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  Speaker 2: We're talking about just this land, this piece of land
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  Speaker 2: where Israel is today.
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  Speaker 3: But Tuka realizes that.
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  Speaker 2: This is gold and he can make he can make
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  Speaker 2: a killing off of this, and he just goes after it.
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  Speaker 3: Right, He got he pounds on it, right, So so
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  Speaker 3: you're saying.
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  Speaker 2: They could take the whole thing, and I could be saying, well,
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  Speaker 2: not really, I mean, but that's what God promised them.
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  Speaker 2: And anyway, Tucker's taken that clip, the one clip where
• 8:35
  Speaker 2: where Akabi says let them take it all and and
• 8:37
  Speaker 2: the Saudis are pissed off because that would he according
• 8:40
  Speaker 2: to Tuck, I don't think he going eat the Bible.
• 8:42
  Speaker 2: That would include some Mesaudi Uabian. Of course, Jordan's not
• 8:45
  Speaker 2: happy in a series not happy, and Lebon is not happy,
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  Speaker 2: Iraq is not happy, Egypt's not happy, all the all
• 8:51
  Speaker 2: the all the enemies of Israel are not happy, and
• 8:56
  Speaker 2: Hakkabi's looks like a fool, which in a sense he is. Now.
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  Speaker 2: The sad thing about this defense of Israel's right to
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  Speaker 2: exist is that many israel least I don't know most,
• 9:12
  Speaker 2: but maybe most many Israeli's, including baby nataille hold that
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  Speaker 2: not so much about God, because I don't know if
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  Speaker 2: bibing Nat believes in God, But like Jews have always
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  Speaker 2: lived there, this is the ancient land.
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  Speaker 3: Of the Jews. Therefore the Jews have a right to
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  Speaker 3: return and establish the state there.
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  Speaker 2: He actually wrote me this when I I don't know
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  Speaker 2: if you know, but I sent him a copy of
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  Speaker 2: my Rise and Fall of the State of Israel, or
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  Speaker 2: maybe I send him a copy of my talk on
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  Speaker 2: the moral right of Israel to exist, and he sent
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  Speaker 2: me back his book, and inside the book he wrote
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  Speaker 2: to you on and he said, I agree with everything
• 9:47
  Speaker 2: he said except the fact that Israe's right to Chris
• 9:50
  Speaker 2: is based on it's historical, the fact that Jews have
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  Speaker 2: always lived in This is the land of the Jews
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  Speaker 2: from way back. And you know, if that's the logic,
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  Speaker 2: then you know, America should really belong to the American Indians,
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  Speaker 2: and who knows who should own fans and you know,
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  Speaker 2: any any any country in the world out there, if
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  Speaker 2: we want to go back two thousand years and who
• 10:11
  Speaker 2: lived there two thousand years, should that be the standard
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  Speaker 2: for the existence of states. It's a stupid way of
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  Speaker 2: defending yourself, and it's so open to attack and so
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  Speaker 2: open to obvious contradictions. But since these people have no
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  Speaker 2: clue about what actually does generate a right to exist
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  Speaker 2: at a state level, they revert to this.
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  Speaker 3: I mean, they're.
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  Speaker 2: Basically only two things that they can do. They can
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  Speaker 2: revert to some biblical God promised or to force. Here's
• 10:48
  Speaker 2: Matt Walsh, right, So this is this is my Matt
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  Speaker 2: Walsh commenting on the whole exchange, uh, but on the
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  Speaker 2: idea of a right to exist, And he says, the
• 11:00
  Speaker 2: whole debate about which countries have the right to exist
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  Speaker 2: is based on a false primus. There is no right
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  Speaker 2: to exist for nations. What does that even mean? How
• 11:10
  Speaker 2: can a country be entitled to exist? Every country on
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  Speaker 2: earth came into existence through force and remains in existence
• 11:16
  Speaker 2: through force. If you can't defend your existence, you will
• 11:20
  Speaker 2: not exist anymore. The history of civilization is full of
• 11:23
  Speaker 2: countries that exist and then cease to exist. Are the
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  Speaker 2: rights of those countless non existent countries being perpetually violated
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  Speaker 2: by their non existence? It makes no sense. If you
• 11:35
  Speaker 2: can defend your existence, then you can exist. If you can't,
• 11:39
  Speaker 2: then eventually you won't exist. It's really that simple. A
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  Speaker 2: right is an entitlement. No, it's not, but an entitlement
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  Speaker 2: by definition, And there is no country that has an
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  Speaker 2: eternal entitement to exist, whether it can defend and support
• 11:54
  Speaker 2: itself or not. The very concept is absurd. Meaningless continues.
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  Speaker 2: This is the point I made about the native Americans
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  Speaker 2: about the Native Americans countless times. They didn't have any
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  Speaker 2: kind of metaphysical right to maintain ownership over this entire hemisphere.
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  Speaker 2: They obtained ownership in the first place to an active
• 12:14
  Speaker 2: sheer force. Did they, then, the Native in Americans, just
• 12:18
  Speaker 2: to occupy a vacant land where nobody was here? They
• 12:22
  Speaker 2: didn't have to use force against anybody anyway. That's just
• 12:24
  Speaker 2: a factual error in Matt Welsh. Shockingly enough, they obtained
• 12:28
  Speaker 2: ownership in the first place through an active sheer force.
• 12:31
  Speaker 2: It would take force to keep it, and they couldn't
• 12:33
  Speaker 2: keep it. That's the way it works, has always worked,
• 12:36
  Speaker 2: and will only ever work. I took this thing by force,
• 12:40
  Speaker 2: But if you take it from me by force, you
• 12:42
  Speaker 2: are violating my rights. That's the claim being made, and
• 12:45
  Speaker 2: it's morally incoherent. Now, that is bizarre, and it is
• 12:51
  Speaker 2: of course the claim that might makes rights. Why do
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  Speaker 2: I have a right on this land because I took it?
• 12:59
  Speaker 2: And of course why in his final statement, I took
• 13:01
  Speaker 2: this thing by force. That applies to everything property. Why
• 13:05
  Speaker 2: wouldn't that apply to any property. I took this thing
• 13:08
  Speaker 2: by force. If you take it from me by force,
• 13:10
  Speaker 2: you're violating my rights.
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  Speaker 3: Isn't that true.
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  Speaker 2: That rights or violator when I took it by force,
• 13:17
  Speaker 2: and rights a violator when it's taken from me by force, well,
• 13:22
  Speaker 2: a thief from a thief, maybe that's not rights violating.
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  Speaker 2: But the whole point here is all countries are the same.
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  Speaker 2: Might makes rights. Might is the justification. There is nothing else.
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  Speaker 3: And again this is.
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  Speaker 2: You know, equally bizarre as Hakkabe. Now Matt who's religious,
• 13:52
  Speaker 2: recognize that he can't really defend the existence of countries
• 13:56
  Speaker 2: based on religious He goes to the alternative, which is force.
• 13:59
  Speaker 2: It's either faith or force, or together faith and force.
• 14:03
  Speaker 2: But there's another alternative. The moral right of countries to
• 14:10
  Speaker 2: exist is determined by how they treat their people, by
• 14:16
  Speaker 2: whether the country, the political entity that exists there is
• 14:22
  Speaker 2: in any way rights respecting or is fundamentally rights violatingin
• 14:29
  Speaker 2: Man talks about the fact that dictators don't have sovereignty.
• 14:35
  Speaker 2: Dictators have no right to exist. So the standard by
• 14:42
  Speaker 2: which why does Israel have a right to exist, for example,
• 14:45
  Speaker 2: is not because Jews have always lived there so of
• 14:48
  Speaker 2: other peoples, and before the Jews showed up there there
• 14:52
  Speaker 2: were people. In the Bible, it describes quite vividly how
• 14:56
  Speaker 2: the Israelites killed all the people who were there before
• 14:59
  Speaker 2: and took over the land. Says that the might makes
• 15:02
  Speaker 2: right biblical kind of analysis. No, ISO's right to exist
• 15:09
  Speaker 2: is because it created, it founded, it established a country
• 15:15
  Speaker 2: that is basically free. So no, by any he says,
• 15:31
  Speaker 2: I don't think this saying might makes right. Might just
• 15:33
  Speaker 2: make sustained existence. That is somewhat true. But you say
• 15:40
  Speaker 2: it's justified for the United States to take over Mexico,
• 15:44
  Speaker 2: or it's not justified for the United States to take
• 15:46
  Speaker 2: over Mexico. Mexico cannot defend itself. If the United States
• 15:50
  Speaker 2: invaded Mexico, he could take it, and according to Matt
• 15:55
  Speaker 2: Walsh's analysis, that would be okay. That that would say
• 15:59
  Speaker 2: you America has a right to take over Mexico, that
• 16:02
  Speaker 2: Mexico has no right to exist because America takes it over.
• 16:07
  Speaker 2: But some was a legit and some was not legit,
• 16:11
  Speaker 2: partially based on the idea that a particular regime, a
• 16:15
  Speaker 2: particular government, a particular place is legit or is not legit.
• 16:20
  Speaker 2: Saddam Hussein's Iraq was not legit. It was okay to
• 16:24
  Speaker 2: take it over. It wasn't in America's interest. So I
• 16:27
  Speaker 2: against that war, but it was okay to take it over.
• 16:29
  Speaker 2: From the perspective of there's no rights. Iraq didn't have
• 16:32
  Speaker 2: a right to exist. America is a mall country has
• 16:37
  Speaker 2: a right to exist, even if there's somebody more powerful.
• 16:42
  Speaker 2: Even if there's somebody is more powerful, then it's okay
• 16:53
  Speaker 2: to take America over because it has no right to
• 16:55
  Speaker 2: exist if it's somebody more powerful, And says.
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  Speaker 3: I'll have to go read the worsh article.
• 17:02
  Speaker 2: I just read it to you, and you should know
• 17:05
  Speaker 2: White Walsh, it's not that hard to see in this case,
• 17:10
  Speaker 2: as in many cases, that I'm right about this. So
• 17:16
  Speaker 2: the right to exist. Countries do have a right to
• 17:19
  Speaker 2: exist or not a right to exist, depending on whether
• 17:22
  Speaker 2: they are preserving, defending, protecting the rights of their own
• 17:27
  Speaker 2: citizens or not. The right to exist comes from their
• 17:31
  Speaker 2: own people. Now, it's true, there's no political entity that
• 17:36
  Speaker 2: is going to guarantee those rights, or preserve those rights,
• 17:39
  Speaker 2: or protect those rights. It's the responsibility of every nation
• 17:44
  Speaker 2: to protect their right to exist. And if you can't
• 17:47
  Speaker 2: protect your right to exist, and if you have enemies,
• 17:51
  Speaker 2: then you won't exist for very long. But the reality
• 17:53
  Speaker 2: is most countries. Ninety nine percent of the countries in
• 17:57
  Speaker 2: the world do not have the ability to protect themselves
• 18:03
  Speaker 2: against the United States, or against China, or against Russia.
• 18:10
  Speaker 2: And yet we still divide the countries up into those
• 18:13
  Speaker 2: at least, I divide them up into those that have
• 18:18
  Speaker 2: a right to exist and those that do not have
• 18:21
  Speaker 2: a right to exist. I mean, Matt welsh Cley says,
• 18:24
  Speaker 2: there's no right to exist for nations.
• 18:27
  Speaker 3: Period. That's the whole sentence. There is no right to
• 18:30
  Speaker 3: exist for nations. There is.
• 18:37
  Speaker 2: He says, how can a country be entitled to exist?
• 18:41
  Speaker 2: It's entitled to exist because it protects the rights of
• 18:44
  Speaker 2: its own citizens. Pretty straightforward. But you see, how can
• 18:52
  Speaker 2: we can't defend it. He can't defend Israel on the
• 18:55
  Speaker 2: basis of it's a free country. He can't defend his
• 18:58
  Speaker 2: roll on the basis of individual rights. He can't defend
• 19:01
  Speaker 2: Israel on the basis of this is a country that
• 19:04
  Speaker 2: protects rights. Therefore it has sovereignty, and therefore it has
• 19:07
  Speaker 2: a right to exist, and the Palestinians don't, and the
• 19:13
  Speaker 2: Arab nations surrounding it don't. And therefore, you know, when
• 19:18
  Speaker 2: he says, let Israel take them in a sense he's right,
• 19:23
  Speaker 2: not because of some biblical promise, but because they have
• 19:36
  Speaker 2: no sovereignty. Kings are not sovereign, they don't have a
• 19:41
  Speaker 2: right to exist. So there is such thing as a
• 19:44
  Speaker 2: right to exist. There is such thing as no right
• 19:46
  Speaker 2: to exist. Matt Walsh believes in might makes right. How
• 19:59
  Speaker 2: could he be believes in the word of God? You know,
• 20:02
  Speaker 2: I don't know how he justifies the existence of other
• 20:05
  Speaker 2: countries that God did not designate. Maybe he reverts to
• 20:08
  Speaker 2: Matt Walsh's might wake right, But that's exactly what Wall says.
• 20:16
  Speaker 2: If you can defend your existence, you will not. If
• 20:18
  Speaker 2: you can't defend your existence, you won't exist anymore. First
• 20:21
  Speaker 2: of all, that's just not true. Luxembourg can't defend its existence,
• 20:25
  Speaker 2: and yet it does. Liechtenstein can't defend its existence, yet
• 20:28
  Speaker 2: it does.
• 20:34
  Speaker 3: So it's falls on his face.
• 20:38
  Speaker 2: And again he is claiming, you know that it's the
• 20:45
  Speaker 2: act of violence that gives you the right to a land.
• 20:47
  Speaker 2: The Native Americans, you know, gained their statue because of force,
• 20:53
  Speaker 2: not clear on whom. And Americans have a right to
• 20:56
  Speaker 2: America because we're stronger than the Indians. What he says,
• 21:03
  Speaker 2: we they couldn't defend it therefore tells and the fact
• 21:08
  Speaker 2: that it's a right restricting government has nothing to do
• 21:11
  Speaker 2: with it.
• 21:12
  Speaker 3: But that's the monkers of the movement.
• 21:14
  Speaker 2: They have no claim other than a religious claim, and
• 21:18
  Speaker 2: they have to revert diforce as the standard UH as
• 21:22
  Speaker 2: an alternative. So how could be there's a horrible job
• 21:24
  Speaker 2: he deserves kind of everybody being upset at him. All
• 21:28
  Speaker 2: he asked, all he has to say, but he can't
• 21:29
  Speaker 2: because remember he can't because he is a UH he
• 21:34
  Speaker 2: is a representative of the US government. He can't say yes,
• 21:37
  Speaker 2: Saudi Arabia indeed has no right to exist. Jordan, Lebanon,
• 21:42
  Speaker 2: they have no right to exist because they're our free countries.
• 21:51
  Speaker 2: I'm attributing might makes right to UH to uh wash
• 21:56
  Speaker 2: based on his article. That's what you do. You read
• 22:01
  Speaker 2: what they say and you interpret it. He doesn't literally
• 22:04
  Speaker 2: say might makes right, that's true. He wouldn't say that.
• 22:08
  Speaker 2: He would claim he doesn't believe that. But that's what
• 22:12
  Speaker 2: critical reading means. You read an article and you say,
• 22:15
  Speaker 2: what does this imply? In this case, what Matt Walsh
• 22:18
  Speaker 2: is saying implies directly and without much controversy. Might makes
• 22:25
  Speaker 2: right unless you're a Matt Walsh apologist, and you'll justify
• 22:28
  Speaker 2: anything he says.
• 22:29
  Speaker 3: All right, let's see.
• 22:31
  Speaker 2: So that was one exchange between Tucker and Mike Ka Kabee,
• 22:37
  Speaker 2: But there are lots of these exchanges throughout the interview
• 22:40
  Speaker 2: that had just nuts. So for example, uh, you know,
• 22:47
  Speaker 2: Tucker complains about how the Christians are treated in Israel,
• 22:53
  Speaker 2: which is just one lie on top of the other.
• 22:55
  Speaker 2: Light how could he twice to combat it? But again
• 22:59
  Speaker 2: can't do a very good job because he doesn't really
• 23:01
  Speaker 2: understand it, doesn't know and he doesn't get what where
• 23:05
  Speaker 2: Teka costs and is coming from.
• 23:06
  Speaker 3: By the way, all you have.
• 23:08
  Speaker 2: To do is look at the look at the interview,
• 23:09
  Speaker 2: and you can see the differencing body language. Tucker is
• 23:12
  Speaker 2: sitting up, he's a professional interviewer, leaning a little forward.
• 23:17
  Speaker 3: You know, he's he's he's aggressive.
• 23:20
  Speaker 2: How could be for the most part the perioge and
• 23:22
  Speaker 2: we lead forward most part is relaxed back in the chair.
• 23:26
  Speaker 2: You do that you're gonna you're gonna lose the debate? Uh,
• 23:29
  Speaker 2: you know, how could be his way to nonchalant about this?
• 23:33
  Speaker 2: So Tucker spouts all this lies, all these lies, all
• 23:38
  Speaker 2: these rays about Uh, Christians in Israel, and how could be.
• 23:51
  Speaker 2: At some point says, the more Christians in Israel than
• 23:55
  Speaker 2: they are in Kutout. And now this is something that
• 24:00
  Speaker 2: Tucker really knows. He says, oh, no, that many many
• 24:03
  Speaker 2: more Christians in Kata than there are in Israel. And
• 24:07
  Speaker 2: he's right, there's like double, maybe a little bit more
• 24:09
  Speaker 2: than double the Christians in Katta than they are in Israel.
• 24:13
  Speaker 3: And Akabi doesn't know how to respond.
• 24:15
  Speaker 2: He says something about, oh, they're in the ghetto or
• 24:17
  Speaker 2: something like that, which is all true. But what he
• 24:18
  Speaker 2: doesn't say is, but not a single one of those
• 24:21
  Speaker 2: Christians in Kata is a citizen of Kuta. Not a
• 24:25
  Speaker 2: single one of them is a Katari. All the Christians
• 24:32
  Speaker 2: in Katta are people who have been brought to Kuta
• 24:39
  Speaker 2: in order to work, in order to build the projects,
• 24:43
  Speaker 2: and they're all on visas, and not a single one.
• 24:46
  Speaker 3: Of them is a Katari.
• 25:00
  Speaker 2: So again just lies and and and and Tucker's Tucker's
• 25:08
  Speaker 2: home methodology is he floods you with lies. So it's
• 25:12
  Speaker 2: it's hard to keep track, and it's how to it's
• 25:14
  Speaker 2: how to cope with all of them? Well, for example,
• 25:18
  Speaker 2: he says, at some point talking about the Epstein files,
• 25:20
  Speaker 2: he says that the president of Israel is known to
• 25:24
  Speaker 2: have visited Epstein's island, Pedo Island, and Accipi's like, I've
• 25:29
  Speaker 2: never heard that. I don't know. I mean, Tucker's just
• 25:32
  Speaker 2: making stuff up. He's just lying. He has had to
• 25:36
  Speaker 2: retract the statement because the President of Israel actually issued
• 25:39
  Speaker 2: an attack on top, you know, a denial of this,
• 25:42
  Speaker 2: and Tucker had to go back and say, oh, I
• 25:44
  Speaker 2: was mistaken. But he just throughout this interview, he just
• 25:50
  Speaker 2: makes stuff up. Uh. He finds a few cases where
• 26:00
  Speaker 2: crazy religious Jews in Jerusalem have attacked verbally and maybe
• 26:06
  Speaker 2: even spat on Christians, and yeah, there are some barbarians
• 26:12
  Speaker 2: in Israel, and how Kabi should acknowledge that. But that
• 26:16
  Speaker 2: is not the policy of these raady governor. And indeed,
• 26:18
  Speaker 2: Christians in Israel, the Christian communities in Israel are thriving
• 26:23
  Speaker 2: and growing.
• 26:33
  Speaker 3: I'm making stuff up.
• 26:35
  Speaker 2: That's great if you say that.
• 26:44
  Speaker 3: The reason.
• 26:47
  Speaker 2: You say, the only countries that are legit are countries
• 26:50
  Speaker 2: that are strong enough to defend themselves and to conquer
• 26:54
  Speaker 2: other countries, which is what Matt Wilsh is implying. You're
• 26:59
  Speaker 2: saying might is right. When you're saying the Indians didn't
• 27:01
  Speaker 2: have a right, so they to the place because they
• 27:04
  Speaker 2: were weaker than the colon than the people who whoo,
• 27:07
  Speaker 2: who came to America, you are saying might is right. Now,
• 27:13
  Speaker 2: there are other reasons to justify why America belongs to Americans.
• 27:16
  Speaker 2: But when you're saying, forget it, there is no such thing,
• 27:23
  Speaker 2: and and then you then these guys saying yeah, but
• 27:27
  Speaker 2: you know, he says there's no such thing as a right,
• 27:29
  Speaker 2: so might is right is a right as well. That's
• 27:35
  Speaker 2: bullshit linguistic analysis. He is justifying the existence of states
• 27:50
  Speaker 2: based on force. That translated into my language, not his
• 27:57
  Speaker 2: my language, means might is right. He didn't literally say it,
• 28:03
  Speaker 2: he wouldn't say it as such. But he's justifying the
• 28:07
  Speaker 2: existence of countries based on force. That's what it is.
• 28:16
  Speaker 2: All right. I'm gonna ignore Brian because he's just obnoxious
• 28:21
  Speaker 2: and not very smart. All right, So you know, Tucker
• 28:29
  Speaker 2: is on a crusade. He's on a crusade to basically
• 28:37
  Speaker 2: make it look like Israel's behind you know, all of
• 28:44
  Speaker 2: the US actions that Israel manipulates the US government. He
• 28:48
  Speaker 2: blames the Iraq War on Israel, which is completely astolical.
• 28:54
  Speaker 2: And indeed, if you go back and you can see
• 28:56
  Speaker 2: Venia Minisa now telling the America is not to invade you.
• 29:02
  Speaker 2: He blames the comment war in Iran on Israel. You
• 29:08
  Speaker 2: know what Trump is maybe going to do with you
• 29:11
  Speaker 2: on on Israel. He then goes into this whole thing
• 29:15
  Speaker 2: about it Israelis have a higher standard of living in
• 29:17
  Speaker 2: Israel than Americans.
• 29:19
  Speaker 3: Which is again just a lie. He's just making it up, right, go.
• 29:24
  Speaker 2: Look at any list of the capita GDP or any other.
• 29:29
  Speaker 2: He says, roads are nicer in Israel. I don't know.
• 29:32
  Speaker 2: He flew over Israel, so he thinks he knows the
• 29:34
  Speaker 2: state of the roads in Israel. Roads are not nicer
• 29:37
  Speaker 2: in Israel. As somebody who has been to Israel many
• 29:40
  Speaker 2: times and has lived in the United States for many,
• 29:42
  Speaker 2: many decades, I can tell you roads are nicer in America.
• 29:48
  Speaker 2: Stand up, living in America is much higher than in
• 29:50
  Speaker 2: Israel by every measure. And then he goes, yeah, they
• 29:55
  Speaker 2: have socialized medicine. This is the standard high a stand
• 30:00
  Speaker 2: of living according to Techer Carlson having socialized medicine. So
• 30:04
  Speaker 2: now Teka is basically a socialist Tucka is advocating that
• 30:16
  Speaker 2: you measure a stand of living by whether you get
• 30:20
  Speaker 2: where you have socialized medicine or not.
• 30:27
  Speaker 3: It's truly stunning.
• 30:29
  Speaker 2: The extent to which Tucka engages in in lies manipulation,
• 30:37
  Speaker 2: taking stuff out of context, and just Takaby's not shop enough,
• 30:43
  Speaker 2: not quick enough, not focused enough. I think he went
• 30:48
  Speaker 2: into the idea, into the thing thinking he was going
• 30:50
  Speaker 2: to this is going to be a normal interview, and
• 30:56
  Speaker 2: it turns out it turns out that it turns out
• 31:14
  Speaker 2: that Tucker wasn't doing a normal interview. This was a
• 31:16
  Speaker 2: get your interview, and how could we should have known?
• 31:19
  Speaker 2: Tom says, it's a statement of the obvious that rights
• 31:23
  Speaker 2: have to be defended by force if necessary, but force
• 31:26
  Speaker 2: does not make something a right. That is not what
• 31:29
  Speaker 2: Matt Walsh is saying. I'm sorry, guys, I don't know
• 31:32
  Speaker 2: what you're talking about, so I'm not sure.
• 31:40
  Speaker 3: I'm not sure who exactly what you're referring to.
• 31:43
  Speaker 2: Tom. Maybe I'm to keep what you're saying out of context.
• 31:45
  Speaker 2: But you also say I can't see how anyone can
• 31:51
  Speaker 2: take calls and seriously sadly like fifty of young or
• 31:58
  Speaker 2: more than fifty percent fifty six, So fifty eight percent
• 32:00
  Speaker 2: of young Republicans say they would vote for him if
• 32:03
  Speaker 2: he was running for office, which assumans president. So he
• 32:08
  Speaker 2: is taken very seriously among Republicans, particularly among young Republicans.
• 32:16
  Speaker 2: I think forty six percent of Republicans over wall say
• 32:19
  Speaker 2: they would vote for him. Your general observation, Tom is
• 32:26
  Speaker 2: absolutely right. All right. Let me just remind everybody that
• 32:33
  Speaker 2: I will be in London this week. Later this week
• 32:36
  Speaker 2: on Saturday, I'll be doing a seminar. It'll be from
• 32:40
  Speaker 2: one to four pm on the twenty eighth, which is Saturday.
• 32:45
  Speaker 2: It's on capitalism, kind of everything you want to know
• 32:47
  Speaker 2: about capitalism, and.
• 32:50
  Speaker 3: Would love for you guys to sign up and to come.
• 32:53
  Speaker 2: You can get information about it you on bookshow dot com.
• 32:58
  Speaker 2: You on bookshow dot com. If you scroll down to
• 33:06
  Speaker 2: to the events on the page, you'll find an event
• 33:10
  Speaker 2: on February twenty eighth. Click on tickets that'll take you
• 33:13
  Speaker 2: to the event right where it is being advertised. Advertised,
• 33:22
  Speaker 2: and here's the link I put in the chat for
• 33:24
  Speaker 2: those of you interested. Tom says, sorry I cannot see
• 33:26
  Speaker 2: you this weekend. You're on family emergency. Hope that sounds bad.
• 33:33
  Speaker 2: Emergencies are not good. Family emergencies are not good. I
• 33:36
  Speaker 2: hope everybody will be okay. Thanks Tom, I appreciate your support.
• 33:42
  Speaker 2: All right, let's see, so that was tuck all right,
• 33:49
  Speaker 2: So all right, that is gone. That is gone, all right.
• 34:04
  Speaker 2: On Sunday, the Mexican government killed the nation's most wanted
• 34:09
  Speaker 2: cartel boss.
• 34:11
  Speaker 1: Uh.
• 34:12
  Speaker 2: This is Nemessio Oswega Silvantes, known as Ela Minchel. He's
• 34:20
  Speaker 2: been the longtime leader of one of Mexico's most powerful cartels,
• 34:24
  Speaker 2: the Jalisco New Generation Cartel, which was a spin off
• 34:29
  Speaker 2: from another cartel, and it is this cartel is as
• 34:35
  Speaker 2: a reputation of the most violent, violent cartel in Mexico,
• 34:40
  Speaker 2: which is saying a lot given how violent cartels are,
• 34:42
  Speaker 2: and he in particular being an unbelievably unbelievable uh, you know, violent,
• 34:51
  Speaker 2: unbelievable violent figure. Uh. The cartel has expanded rapidly over
• 34:59
  Speaker 2: the past a decade or so. It produces and sell drugs,
• 35:02
  Speaker 2: It extores local businessmen, businesses, it terrorizes community, it controls
• 35:07
  Speaker 2: local governments, and the Mexican government has for the most part,
• 35:16
  Speaker 2: over the last decade or so, for the most part,
• 35:20
  Speaker 2: the Mexican government has left the cartels alone. There's plenty
• 35:26
  Speaker 2: of reason to believe that the current leftist politicians in
• 35:29
  Speaker 2: Mexico City have basically cut a deal with the cartels
• 35:34
  Speaker 2: and are leaving them alone and then exchange the cartels.
• 35:38
  Speaker 2: I guess don't attack the politicians of this particular political party. Well,
• 35:45
  Speaker 2: Trump has been putting a lot of pressure on Mexico
• 35:48
  Speaker 2: to start fighting against the cartels, to rein them in
• 35:52
  Speaker 2: and to show real progress. I think Trump has been
• 35:57
  Speaker 2: threatening US military intervention into my Mexico if if the Mexicans
• 36:04
  Speaker 2: don't do it themselves. Indeed, Tucker even brings this up
• 36:07
  Speaker 2: in the interview with Kabi, the fact that the United
• 36:13
  Speaker 2: States seems to prioritize the interests of Israel above the
• 36:17
  Speaker 2: interests of the United States and therefore is more likely
• 36:21
  Speaker 2: to go to war with Iran then go to war
• 36:22
  Speaker 2: with the cartels in Mexico. Now, Mexico is not a
• 36:31
  Speaker 2: as you know, Mexico is a big country. It has
• 36:33
  Speaker 2: a large population. The cartels in Mexico are unbelievably well armed.
• 36:40
  Speaker 2: They now have drone technologies, they have they have IEDs,
• 36:49
  Speaker 2: they are many of the members of the cartels are
• 36:54
  Speaker 2: former military in Mexico. The cartels have also imported as
• 36:59
  Speaker 2: military consultants and trainers former military from other parts of
• 37:04
  Speaker 2: Latin America, particularly Columbia.
• 37:06
  Speaker 3: You've got a number of Colombian.
• 37:07
  Speaker 2: Military and special forces people working for the cartels. The
• 37:12
  Speaker 2: cartels have built up a significant, substantial military presence. They
• 37:17
  Speaker 2: have heavy weapons, heavy machine guns, rocket propelled grenades, drones
• 37:22
  Speaker 2: that can drop bombs, they have land mines. For Mexico
• 37:29
  Speaker 2: to really take on the cartels would be, in a sense,
• 37:34
  Speaker 2: a major civil war, a major war within within Mexico.
• 37:39
  Speaker 2: This is not you know, El Salvador. This is not
• 37:44
  Speaker 2: I don't know, Honduras or any of the little countries
• 37:47
  Speaker 2: in Central America where you can round up in in
• 37:52
  Speaker 2: days and weeks you can round up all the cartel members.
• 37:56
  Speaker 3: This would be war. This would be out of.
• 38:00
  Speaker 2: Out war within Mexico. And you can see it in
• 38:04
  Speaker 2: terms of what's happening right now. Mexican military launchest operation
• 38:08
  Speaker 2: to try to capture Minchew on Sunday, a significant gun
• 38:14
  Speaker 2: fight ensued.
• 38:16
  Speaker 3: As part of that gun fight.
• 38:18
  Speaker 2: He was injured and ultimately died in a helicopter on
• 38:22
  Speaker 2: the way to the hospital. But once his killing kind
• 38:28
  Speaker 2: of made the news. Violence surged all over Mexico. You
• 38:35
  Speaker 2: saw Mexican gangs burning government officers, burning banks, you know,
• 38:43
  Speaker 2: and engaging in violence all over Mexico. The Americans now
• 38:50
  Speaker 2: trapped in Porto Riota, the tourist location because the because
• 38:55
  Speaker 2: gangs are going wild in that area. This this cotteau
• 39:03
  Speaker 2: was based in western Mexico, which is the area where
• 39:07
  Speaker 2: Porta Vallota is at. It was in a relatively small
• 39:11
  Speaker 2: town of twenty thousand called Jalisco.
• 39:14
  Speaker 3: Well, the state is called Jalisco, the.
• 39:15
  Speaker 2: Town is called Tapalpa. And you know this the state
• 39:28
  Speaker 2: in which this gang operates, which includes for example, Guerdalja,
• 39:35
  Speaker 2: which is on the border with the United States. The
• 39:40
  Speaker 2: violence here is significant. Actually, sorry to Pepo is not
• 39:47
  Speaker 2: on the border with the United States, MI mistake. But
• 39:51
  Speaker 2: it seems like violence has happened at least thirteen states,
• 39:56
  Speaker 2: mostly in the state in which this particular cartel has
• 40:01
  Speaker 2: its headquarters. But it seems that violence spread across Mexico. Uh,
• 40:05
  Speaker 2: and the violence is likely get to continue if the
• 40:11
  Speaker 2: if the Mexican government continues to try to fight against
• 40:14
  Speaker 2: the cartels, as as the Trump administration is eager to
• 40:19
  Speaker 2: get them to do.
• 40:21
  Speaker 3: Uh, you know, we'll see.
• 40:23
  Speaker 2: My guess is that the current president of Mexico, Shennenbaum,
• 40:27
  Speaker 2: will use this as a as a way to appease Trump.
• 40:30
  Speaker 2: See we went after them, and then she'll turned to
• 40:33
  Speaker 2: the cartels and said, you know, we did what were
• 40:35
  Speaker 2: supposed to do. But you're all okay, don't worry about it.
• 40:39
  Speaker 3: You'll be You'll be fine.
• 40:41
  Speaker 2: Uh. So, the US government, in the meantime has warned
• 40:45
  Speaker 2: its citizens to shelter in place until further notice in
• 40:49
  Speaker 2: parts of five states.
• 40:51
  Speaker 3: Uh and.
• 40:54
  Speaker 2: You know, we will see. The reality is the cartels
• 40:57
  Speaker 2: have no real interest for war. The cartels can continue
• 41:02
  Speaker 2: to rule over Mexico. It's unlikely the Mexican government really
• 41:08
  Speaker 2: has the appetite to go after them fully and completely.
• 41:12
  Speaker 2: So they will cut a new deal and they'll completely.
• 41:15
  Speaker 3: Continue to do this.
• 41:16
  Speaker 2: And look, cartels will always exist no matter what you do.
• 41:20
  Speaker 2: If somehow Mexico manages to destroy all the cartels, which
• 41:25
  Speaker 2: I don't think is possible in a country as big
• 41:27
  Speaker 2: as Mexico, then the cartels will reorganize somewhere else and
• 41:33
  Speaker 2: find alternative ways to get the drugs into the United States.
• 41:37
  Speaker 2: The reality is, as long as there's demand for drugs,
• 41:40
  Speaker 2: and as long as drugs are illegal, the drug trade
• 41:45
  Speaker 2: will be so profitable as to justify arming and controlling
• 41:52
  Speaker 2: and doing everything the cartels do. The cartels a direct
• 41:56
  Speaker 2: product of American some extent European, but in this case
• 42:01
  Speaker 2: primarily American demand for drugs and the fact that we
• 42:05
  Speaker 2: have made it illegal so that we've driven up the
• 42:08
  Speaker 2: profit margins dramatically. You want to get rid of the cartels,
• 42:13
  Speaker 2: it's easy. Legalize drugs, don't decriminalize them, Legalize them, create
• 42:21
  Speaker 2: legal competition to the cartels, and the cartels will have
• 42:24
  Speaker 2: to fold. They won't be able to sustain their operations.
• 42:28
  Speaker 2: They're too expensive. They can't stay profitable, as the price
• 42:31
  Speaker 2: will plummet once drugs drugs are legalized. But nobody is
• 42:37
  Speaker 2: going to suggest that, and nobody is actually offering that.
• 42:39
  Speaker 2: But that is the one alternative, the only alternative that
• 42:42
  Speaker 2: actually makes sense, you know, during probition. Probition is what's
• 42:45
  Speaker 2: created the mafia, And no matter what police did, the
• 42:50
  Speaker 2: mafia was not eliminated. Indeed, once alcohol was made legal,
• 42:57
  Speaker 2: the mafia just pivoted towards the things that are not
• 42:59
  Speaker 2: legal anymore, like drugs.
• 43:12
  Speaker 3: Oh, right, Iran.
• 43:15
  Speaker 2: A few things about Iran. One of the amazing things
• 43:20
  Speaker 2: going on right now in Iran is students at universities
• 43:24
  Speaker 2: all across Iran are still demonstrating. You've got student protests
• 43:29
  Speaker 2: in spite of the state trying to crack down on them.
• 43:34
  Speaker 2: You've got university You've got protests at universities in both
• 43:38
  Speaker 2: of Iran's two largest cities as well as some of
• 43:41
  Speaker 2: the smallest cities.
• 43:43
  Speaker 3: And you know, again, it takes.
• 43:47
  Speaker 2: Unbelievable courage, knowing what the regime did just a few
• 43:50
  Speaker 2: weeks ago in killing tens of thousands of people, to
• 43:55
  Speaker 2: still continue to demonstrate, continue to protest. So that continues
• 44:07
  Speaker 2: in Iran. Okay, sorry, negotiations are continuing. I guess the
• 44:16
  Speaker 2: Americans and the Uranians are meeting later this week. UH
• 44:19
  Speaker 2: Tehran keeps dangling in front of the Americans a willingness
• 44:24
  Speaker 2: to compromise on nuclear without giving out the rights to.
• 44:31
  Speaker 3: UH find uranium.
• 44:36
  Speaker 2: But they're willing to find it only to a lower
• 44:39
  Speaker 2: grade uranium, not to weapons grade uranium.
• 44:41
  Speaker 3: They're willing to have supervision by the UN.
• 44:44
  Speaker 2: They're willing to They're willing to do the Obama deal
• 44:48
  Speaker 2: and it replaced the Americans have to give up all sanctions.
• 44:50
  Speaker 2: They're not willing to do a way with a ballistic
• 44:52
  Speaker 2: missile program. They're not willing to stop supporting Hamascus, Bella
• 44:56
  Speaker 2: and the huties. They're not willing to give up really anything.
• 45:02
  Speaker 2: What they're willing to do is cut the Obama deal. Trump,
• 45:05
  Speaker 2: for some bizarre, strange reason, continues to negotiate it, continues
• 45:13
  Speaker 2: to engage in talks with them, continues to think that
• 45:18
  Speaker 2: something positive can come out of all of this. Today, stunningly,
• 45:23
  Speaker 2: I think it was today, this morning or yesterday, Witcoff
• 45:26
  Speaker 2: basically said that this isn't an attempt to justify bombing them.
• 45:31
  Speaker 2: Wigoff said, Iran is a week away, a week away
• 45:36
  Speaker 2: from bomb grade material. Remember when the White House insisted
• 45:45
  Speaker 2: a few months ago that he Wan's nuclear facilities have
• 45:48
  Speaker 2: been obliterated, and this is from the White House press release,
• 45:53
  Speaker 2: i Wan's nuclear facilities have been obliterated, and suggestions otherwise
• 45:58
  Speaker 2: are fake news. Now the White House is telling us,
• 46:05
  Speaker 2: or at least Whitcough, the you know, the stooge, is
• 46:11
  Speaker 2: telling us that Iran is a week away from.
• 46:16
  Speaker 3: Bomb grade material.
• 46:19
  Speaker 2: Maybe if Weitcoff is saying that that suggests that the
• 46:22
  Speaker 2: Trumpet deversation is serious about actually attacking.
• 46:30
  Speaker 3: The Iranians. That was July nineteenth, Trump.
• 46:34
  Speaker 2: Said all three nucleus sites in Iran were completely destroyed
• 46:37
  Speaker 2: and all obliterated. It will take years to bring them
• 46:40
  Speaker 2: back into service. Whitcoff yesterday. They're probably a week away
• 46:44
  Speaker 2: from having industrial grade bomb making material. This administration is
• 46:54
  Speaker 2: so pathetic. It really is, you know, unbelievable. Of course,
• 46:59
  Speaker 2: by saying this, it's just you know, they're just so weak.
• 47:03
  Speaker 2: You know, if you want to attack you on, to
• 47:04
  Speaker 2: attack you on. The massive build up is not scaring
• 47:11
  Speaker 2: the Ranians because they don't actually believe the Trump will
• 47:14
  Speaker 2: pull the trigger, because he keeps suggesting he wants a deal,
• 47:18
  Speaker 2: and he keeps emphasizing a deal, and then he says,
• 47:20
  Speaker 2: oh maybe.
• 47:20
  Speaker 3: I'll just I'll do a minor operation against them.
• 47:26
  Speaker 2: I mean, look, the regime, this regime is never gonna
• 47:28
  Speaker 2: surrender its realisting missile program. It will never surrender its
• 47:33
  Speaker 2: nuclear program. It'll dare you to replace it. It will
• 47:38
  Speaker 2: not surrender those programs. It is essential to their identity
• 47:42
  Speaker 2: as a regime. Might makes right. They need the mite
• 47:47
  Speaker 2: in order to have a right to exist. It's not
• 47:50
  Speaker 2: a right, but that's how they perceive it. So you
• 47:58
  Speaker 2: know the president should either uh do it or not
• 48:01
  Speaker 2: do it. But I mean, all these games and these
• 48:04
  Speaker 2: negotiations and and deferring and waiting, and it's just it's
• 48:09
  Speaker 2: just ridiculous. In the meantime, IWON assigned a arms deal
• 48:14
  Speaker 2: with Russia to acquiet thousands of advanced shoulder fired missiles.
• 48:21
  Speaker 2: So this is to try to rebuild it's a defense
• 48:24
  Speaker 2: systems that Israel wiped out, that the that.
• 48:31
  Speaker 3: The the Radi Air Force wiped out.
• 48:33
  Speaker 2: It figures, you know, shoulder based uh a defense system
• 48:39
  Speaker 2: is better because those are hard to target. You can
• 48:41
  Speaker 2: target launchers, you can target sites, you can target weapon,
• 48:46
  Speaker 2: you know, raid officer these, So these are should down.
• 48:50
  Speaker 2: Now these can only hit low flying airplanes. They can't
• 48:53
  Speaker 2: hit high flying airplanes. They can't find them. And you
• 48:59
  Speaker 2: know they can they can drones and they can hit
• 49:01
  Speaker 2: they can hit certain missiles, ballistic missiles as they approach.
• 49:06
  Speaker 2: But this is an act of desperation. Five hundred man
• 49:11
  Speaker 2: portable verbal launch units. Given how well Russian weapons systems
• 49:16
  Speaker 2: have worked all over the world, you know, youyan shouldn't
• 49:20
  Speaker 2: really count on this. They might not be as quite
• 49:23
  Speaker 2: as mighty as they think it is. But you know,
• 49:29
  Speaker 2: it's it's it's an active desperation. But they are trying
• 49:32
  Speaker 2: to get weapon systems from the Chinese, from the Russians,
• 49:35
  Speaker 2: from anybody. In the meantime. I don't know what Trump
• 49:39
  Speaker 2: is waiting for exactly, maybe for the for the Ford
• 49:44
  Speaker 2: aircraft carrier to reach whatever destination the ust military wants
• 49:51
  Speaker 2: it at, whether that is off the coast of Israel
• 49:54
  Speaker 2: or whether that is.
• 49:56
  Speaker 3: In the Arabian Sea. If it's an Arabian Sea, we're
• 49:59
  Speaker 3: still a week away.
• 50:01
  Speaker 2: If it's off the coast of Israel, they're probably there
• 50:03
  Speaker 2: now or probably approaching that pretty quickly. Here I did
• 50:07
  Speaker 2: read a story that says that the sailors on the
• 50:11
  Speaker 2: USS Forward have been now deployed for eight months. The
• 50:16
  Speaker 2: usual deployment is six months, and they're pretty fed up
• 50:20
  Speaker 2: with what is going on. Many of them are saying
• 50:22
  Speaker 2: that they're going to be retiring from the Navy after this.
• 50:25
  Speaker 2: They have no interest. They're being you know, dragged around
• 50:30
  Speaker 2: the world from one deployment to another, without any without
• 50:34
  Speaker 2: any rest. Morale does not seem to be high on
• 50:38
  Speaker 2: the USS on the USS Forward all right, okay, a
• 50:48
  Speaker 2: few things on Ukraine. You know, one of the things
• 50:53
  Speaker 2: that it's just bewildering and just shows again the extent
• 50:56
  Speaker 2: to which Trump is just a a plaything of Putin
• 51:01
  Speaker 2: or completely on Putin's side. You know, one of the
• 51:07
  Speaker 2: things that the Europeans have asked for and the Trumpet
• 51:09
  Speaker 2: administration originally agreed to but has not followed through on,
• 51:13
  Speaker 2: is the Europeans wanted the capacity to build themselves that
• 51:17
  Speaker 2: they won't expense the Patriot missiles, not the system, just
• 51:22
  Speaker 2: the missiles, so that they can refurbish the systems that
• 51:26
  Speaker 2: they already have. And you know, production of the Patriot
• 51:31
  Speaker 2: missiles in the United States is not catching up with
• 51:35
  Speaker 2: the demand for them, the demand both in Ukraine and
• 51:39
  Speaker 2: in Israel and by US forces all over the world.
• 51:43
  Speaker 2: It's just not keeping up. So they asked to be
• 51:48
  Speaker 2: able to produce the missiles. The Trump administration originally agreed
• 51:52
  Speaker 2: and now is refusing to give them a license to
• 51:55
  Speaker 2: do the production. This is a defensive weapon. What reason
• 52:03
  Speaker 2: could they have. There is no reason for it. It's
• 52:06
  Speaker 2: just you know, appeasing the Russians and playing into the
• 52:10
  Speaker 2: Russian hand in the meantime, as I think, I told
• 52:13
  Speaker 2: you last week.
• 52:14
  Speaker 3: Ukraine is making small progress visa the the Russians.
• 52:18
  Speaker 2: They're actually occupying, reoccupying land that belonged to them. I
• 52:22
  Speaker 2: guess this is us of the might is right. I
• 52:24
  Speaker 2: guess it's Russians because they took it and now Ukrainian
• 52:27
  Speaker 2: takes it back, so therefore it's okay, it's now Ukrainian land.
• 52:34
  Speaker 3: They have now.
• 52:36
  Speaker 2: Occupied about reconquered about three hundred square mile kilometers about
• 52:40
  Speaker 2: one hundred and fifteen square miles of Ukrainian territory over
• 52:45
  Speaker 2: the last twenty days.
• 52:47
  Speaker 3: So this is good news.
• 52:49
  Speaker 2: It basically says that the Ukrainians have the momentum here.
• 52:52
  Speaker 2: Russia is gaining nothing these days and the Ukrainians are
• 52:58
  Speaker 2: gaining stuff. This is this is the first time Ukraine
• 53:01
  Speaker 2: has actually advanced and they actually reoccupied land, taken back
• 53:06
  Speaker 2: land since twenty twenty three.
• 53:08
  Speaker 3: So these are really good moves.
• 53:12
  Speaker 2: And you know, I don't think it's enough, it's far
• 53:15
  Speaker 2: from it's going to cause the Russians to fold, but
• 53:19
  Speaker 2: it's it's it's pretty cool. Ukraine also has built we
• 53:23
  Speaker 2: talked about this a few months ago. I think built
• 53:26
  Speaker 2: this this new missile that is the Flamingo, the FP
• 53:33
  Speaker 2: five Flamingo and this they they are using these uh,
• 53:40
  Speaker 2: these missiles. These are kind of missiles that the United
• 53:42
  Speaker 2: States won't sell them because they don't want them used
• 53:45
  Speaker 2: to attack infrastructure within Russia. So the Ukrainians just built
• 53:49
  Speaker 2: them themselves. They can't build many of them, sadly, but
• 53:52
  Speaker 2: they are building them. And indeed, over the weekend, one
• 53:56
  Speaker 2: of these missiles were used to attack a plant, a
• 54:03
  Speaker 2: manufacturing plant that producers engines for the Russian Iskander Iskanda
• 54:12
  Speaker 2: missiles that are doing so much damage in Ukraine. Is
• 54:15
  Speaker 2: Kanda missiles can also carry nuclear warheads.
• 54:19
  Speaker 1: Uh.
• 54:19
  Speaker 2: So the what kinsk what what kinsk plants production what
• 54:27
  Speaker 2: kin plants has been bombed and and you know, uh,
• 54:32
  Speaker 2: significant damage. This will hurt the ability of the facility
• 54:36
  Speaker 2: to manufacture engines for cruise missiles and ballistic missiles. On
• 54:40
  Speaker 2: the Russian side, if the Ukrainians had significant quantities of missiles,
• 54:47
  Speaker 2: they could do a lot of damage to the Russians
• 54:48
  Speaker 2: because the Russians do not have adequate you know, defense
• 54:55
  Speaker 2: systems to knock these missiles out of the air. Russia
• 55:00
  Speaker 2: is a big place, uh, and they just don't have
• 55:03
  Speaker 2: the capacity and the capabilities UH to destroy these missives.
• 55:07
  Speaker 2: In the meantime, on pretty much a nightly basis, the
• 55:10
  Speaker 2: Russians are bombing Ukraine. Bombing the electricity UH, you know,
• 55:16
  Speaker 2: heating in Ukraine. Heating homes in Ukraine is almost impossible
• 55:20
  Speaker 2: this winter, electricity is gone. They're now starting to bomb
• 55:24
  Speaker 2: water facilities and UH and other infrastructure. So Russia kind
• 55:29
  Speaker 2: of on a daily basis, it can't really advance on
• 55:32
  Speaker 2: the front line. It doesn't it's not making any real
• 55:34
  Speaker 2: progress on the front line. So it's trying to break
• 55:37
  Speaker 2: the Ukrainian spirit. It's trying to break the Ukrainian will.
• 55:44
  Speaker 2: All right, let's talk a little bit about Trump's tariffs post.
• 55:48
  Speaker 2: This is called Decision on Friday. As you probably know,
• 55:53
  Speaker 2: as I mentioned on Friday and then again yesterday, Trump
• 55:57
  Speaker 2: has imposed new tariffs based on Section one twenty two
• 56:02
  Speaker 2: that you know, imposes a sour charge basically most US
• 56:08
  Speaker 2: imports at He's placed at on fifteen percent effective the
• 56:15
  Speaker 2: twenty fourth February is effective tomorrow for one hundred and
• 56:18
  Speaker 2: fifty days. The law Section one twenty two only allows
• 56:21
  Speaker 2: you to do it for one hundred and fifty days.
• 56:25
  Speaker 2: The trade weighted average uice tarerfrate is thirteen point two
• 56:27
  Speaker 2: percent under Section one twenty two or thirteen point two
• 56:31
  Speaker 2: percent and Section S one twenty two at fifteen percent
• 56:36
  Speaker 2: compared to the eleven point six percent at ten percent.
• 56:42
  Speaker 2: So this is a significant increase from eleven point six
• 56:45
  Speaker 2: effective rate to thirteen point two effective rate. Remember there is.
• 56:49
  Speaker 3: A bunch of.
• 56:52
  Speaker 2: Other towers that have been placed based on other provisions,
• 56:56
  Speaker 2: primarily national security provisions for example, and furniture, steel and aluminium,
• 57:02
  Speaker 2: on a bunch of other things. So this is fifteen
• 57:05
  Speaker 2: percent you know, weighted average across all these different goods.
• 57:11
  Speaker 2: That is in addition to the specific tariffs for national security,
• 57:20
  Speaker 2: there are other provisions that he might be able to
• 57:24
  Speaker 2: use in the future. You've got two thirty two tariffs
• 57:28
  Speaker 2: that's the national security ones he's used at for steel, aluminium, copper, lumber, automobiles,
• 57:33
  Speaker 2: and furniture. Don't know how furniture fits in there. They're
• 57:37
  Speaker 2: excluded from the one because they have their own two
• 57:41
  Speaker 2: thirty two tariffs. It gets complicated.
• 57:47
  Speaker 3: The uh stuff coming in.
• 57:49
  Speaker 2: From Canada and Mexico that falls under us MCA, the
• 57:56
  Speaker 2: trade agreement between those two countries is exempt from the
• 57:59
  Speaker 2: Section one twenty two tariffs. Textiles and appall eyed articles
• 58:06
  Speaker 2: entering judy free under the Dominican Republic and Central American
• 58:10
  Speaker 2: Free Trade Agreement are also exempt, and there's some other exemptions.
• 58:16
  Speaker 3: This is why the weighted average weighted average is not.
• 58:22
  Speaker 2: Fifteen percent, it's slightly below that thirteen point two, because
• 58:25
  Speaker 2: so much of American trade comes from Mexico and Canada
• 58:28
  Speaker 2: and that is all exempt from this. This creating obviously
• 58:34
  Speaker 2: a lot of chaos. A statement from the Executive Branch
• 58:38
  Speaker 2: already went out today to stop collecting i ee PA
• 58:42
  Speaker 2: tariffs and as of tomorrow they'll.
• 58:45
  Speaker 3: Start collecting the new Section.
• 58:49
  Speaker 2: One. The problem with Section one twenty two is that
• 58:52
  Speaker 2: it's placed the same tariffs on all countries.
• 58:55
  Speaker 3: As a consequence of.
• 58:56
  Speaker 2: That, all these supposed trade deals that Trump has cut
• 59:01
  Speaker 2: don't really seem to apply to anybody. So if he's
• 59:05
  Speaker 2: given a country less than fifteen percent, no, now they're
• 59:08
  Speaker 2: at fifteen percent. If he's given a country more than
• 59:11
  Speaker 2: fifteen percent, no, now they're at fifteen percent. It's taken
• 59:15
  Speaker 2: away from him the ability to negotiate country by country
• 59:18
  Speaker 2: because the way Section one twenty two is it applies
• 59:21
  Speaker 2: to everybody the same you know, Trump is foaming at
• 59:29
  Speaker 2: the mouth over this. He keeps putting out statements on
• 59:35
  Speaker 2: true social they're just you know, here's what he put out.
• 59:38
  Speaker 2: The Supreme Court is one of the things. A number
• 59:40
  Speaker 2: of these that came out. The Supreme Court will be
• 59:44
  Speaker 2: using lowercase letters for a while based on a complete
• 59:47
  Speaker 2: lack of respect.
• 59:48
  Speaker 3: It's Supreme Court, no capital S, no capital C.
• 59:52
  Speaker 2: The Supreme Court of the United States accidentally and unwittingly
• 59:54
  Speaker 2: gave me as President of the United States far more
• 59:57
  Speaker 2: power and strength than I had prior to they were
• 1:00:00
  Speaker 2: is dumb and very intentionally divisive ruling.
• 1:00:04
  Speaker 3: It's just not true.
• 1:00:05
  Speaker 2: He has less power and strength than he did before.
• 1:00:09
  Speaker 2: Nothing has changed. He could have always used one twenty
• 1:00:11
  Speaker 2: two For one thing. I can use licenses to do
• 1:00:15
  Speaker 2: absolutely terrible things to foreign countries, especially those countries that
• 1:00:20
  Speaker 2: have been ripping us off. Curious who those are for
• 1:00:23
  Speaker 2: many decades, but incomprehensively, according to the ruling, can't charge
• 1:00:27
  Speaker 2: them a licensing fee? What license fee? But all license
• 1:00:30
  Speaker 2: fee charge fees? Why can't the United States do so?
• 1:00:35
  Speaker 2: They all charge US license fees, says switching from tariffs
• 1:00:39
  Speaker 2: to license fees to pretend it's not taxes.
• 1:00:44
  Speaker 3: You do a license to get a fee. God, the
• 1:00:48
  Speaker 3: guy's an idiot.
• 1:00:50
  Speaker 2: The opinion doesn't explain that, but I know the answer.
• 1:00:53
  Speaker 2: The Court has also approved all other tariffs, of which
• 1:00:56
  Speaker 2: there are many. The Court did not approve any tariffs, nay,
• 1:01:00
  Speaker 2: can all be used in a much more powerful and
• 1:01:03
  Speaker 2: obnoxious way with legal certainty than the tariffs as initially used.
• 1:01:08
  Speaker 2: Owing competent Supreme Court did a great job for the
• 1:01:11
  Speaker 2: wrong people, and for that they should be ashamed of themselves.
• 1:01:15
  Speaker 3: But not the great three. It's Alito, Kavanaugh, and Thomas.
• 1:01:20
  Speaker 2: The next thing, you know, they will rule in favor
• 1:01:23
  Speaker 2: of China and others who are making an absolute fortune
• 1:01:26
  Speaker 2: on birthright citizenship by saying the Fourteenth Amendment was not
• 1:01:30
  Speaker 2: written to take care of the babies of slaves, which
• 1:01:33
  Speaker 2: it was, as proven by the exact timing of its construction, fighting,
• 1:01:36
  Speaker 2: and ratification, which perfectly coincide with the end of the
• 1:01:39
  Speaker 2: Civil War. How much better can you do than that?
• 1:01:43
  Speaker 2: But the Supreme Court will find a way to come
• 1:01:45
  Speaker 2: to the wrong conclusion, one that again will make China
• 1:01:48
  Speaker 2: and various other nations happy and rich. Let our Supreme
• 1:01:51
  Speaker 2: Court keep making decisions that are so bad and deleterious
• 1:01:55
  Speaker 2: to the future of our nation.
• 1:01:57
  Speaker 3: I have a job to do, so that is true.
• 1:02:01
  Speaker 2: Lashing out. You know, it's complete nonsense. It makes absolutely
• 1:02:07
  Speaker 2: no sense. He's licensing fees and others fees. He then
• 1:02:13
  Speaker 2: the European Union hast said, wait a minute, we had
• 1:02:15
  Speaker 2: an agreement of tabs less than ten percent. We're not
• 1:02:18
  Speaker 2: going to do our side of the agreement if you
• 1:02:20
  Speaker 2: are now raising our tabs to fifteen percent.
• 1:02:23
  Speaker 3: So Trump put this out.
• 1:02:25
  Speaker 2: Any country that wants to play games with the ridiculous
• 1:02:27
  Speaker 2: Supreme Court decision, especially those that have ripped off the
• 1:02:30
  Speaker 2: United States or America for years and even decades, will
• 1:02:34
  Speaker 2: be met with a much higher tariff and worse than
• 1:02:37
  Speaker 2: that which they just recently agreed to buyer beware that
• 1:02:45
  Speaker 2: is the president of the United State.
• 1:02:54
  Speaker 3: Anyway.
• 1:02:57
  Speaker 2: What's happening is an increasing complications. Countries don't know exactly
• 1:03:03
  Speaker 2: what to do with the new tariffs. The all these
• 1:03:06
  Speaker 2: trade deals that Trump claims to have made, most of
• 1:03:10
  Speaker 2: them are not being ratified by the other side, so
• 1:03:14
  Speaker 2: they all know trade deals.
• 1:03:16
  Speaker 3: Really, it's all in his head.
• 1:03:18
  Speaker 2: It's all fictitious, it's all made up stuff that doesn't
• 1:03:21
  Speaker 2: make any sense. Yeah, I mean the Japanese don't know
• 1:03:35
  Speaker 2: exactly what to do, the EU doesn't know exactly what
• 1:03:39
  Speaker 2: to do.
• 1:03:40
  Speaker 3: All of these you know, very confusing times.
• 1:03:47
  Speaker 2: And this will not it's not good for the global economy,
• 1:03:50
  Speaker 2: and it's not good for the United States. All Right,
• 1:03:53
  Speaker 2: Finally this piece of interesting news to didn't know what
• 1:03:56
  Speaker 2: to make of. This, UH has a new president. This
• 1:04:01
  Speaker 2: is like the I don't know how many third president
• 1:04:04
  Speaker 2: in just the last couple of years. The Congress keeps
• 1:04:08
  Speaker 2: him peaching presidents and appointing new ones. This president will
• 1:04:12
  Speaker 2: only be in place until July, when Peru will have
• 1:04:15
  Speaker 2: an election.
• 1:04:18
  Speaker 3: The interesting thing.
• 1:04:19
  Speaker 2: About this president is he is a he's a Marxist.
• 1:04:25
  Speaker 2: He's a Marxist Leninist right from a Marxist Leninist political party,
• 1:04:33
  Speaker 2: and he became president of Peru. And yet this Marxist Leninists,
• 1:04:40
  Speaker 2: a Marxist Leninist president, has now appointed as his prime
• 1:04:51
  Speaker 2: minister Nando de Soto, one of the most pro capitalist,
• 1:04:58
  Speaker 2: pro market call it economists in Latin America. And under
• 1:05:03
  Speaker 2: the Soto he's not a lot as a fair guy,
• 1:05:07
  Speaker 2: but he's close. He's not as good as he gets
• 1:05:09
  Speaker 2: in terms of now, Desta's eighty four. He will run
• 1:05:14
  Speaker 2: the interim government until the election happens in July. I
• 1:05:20
  Speaker 2: think the current president Peru will not be able to
• 1:05:22
  Speaker 2: run for those elections, so they'll be a new president.
• 1:05:26
  Speaker 2: So this government by now, the Desto won't be around
• 1:05:30
  Speaker 2: for a very long time. I'm curious why the sort
• 1:05:33
  Speaker 2: of agree to this. I think in the past he's
• 1:05:37
  Speaker 2: turned down offers for being prime minister, so it's it's
• 1:05:42
  Speaker 2: it's very weird. I think mainly this is supposed to
• 1:05:46
  Speaker 2: indicate continuity. Because this guy is a Marxist Leninist. People
• 1:05:51
  Speaker 2: are worried that he's going to turn Peru and to
• 1:05:53
  Speaker 2: move it towards Marxist Leninism. This is supposed to say, no, no, no,
• 1:05:58
  Speaker 2: I'm going to continue with kind of the right wing
• 1:06:00
  Speaker 2: policies and my predecessors, I guess. But the whole thing
• 1:06:04
  Speaker 2: is very you know, one has to it's very strange.
• 1:06:11
  Speaker 2: Desta is going to be sworn in tomorrow along alongside
• 1:06:15
  Speaker 2: the rest of his cabinet, and then I guess he's
• 1:06:19
  Speaker 2: has what six months to try to do something with
• 1:06:26
  Speaker 2: the Peruin economy. It's hard to know what he will do.
• 1:06:29
  Speaker 2: If you will do anything. He has to get Parliament's
• 1:06:31
  Speaker 2: approval of anything he does. So it's interesting, but it
• 1:06:35
  Speaker 2: is you know, as I said Desta's eighty four. It
• 1:06:39
  Speaker 2: is interesting that he agreed. It's interesting that he is
• 1:06:42
  Speaker 2: prime minister. It would be great if he stayed on
• 1:06:46
  Speaker 2: as prime minister under whoever the new president was going
• 1:06:49
  Speaker 2: to be, and maybe we'd get another kind of Malay
• 1:06:51
  Speaker 2: revolution in Peru. But given his age, and given that
• 1:06:57
  Speaker 2: we don't know who's going to win the next election,
• 1:07:01
  Speaker 2: it's probably unlikely. But we will monitor and see. It's
• 1:07:05
  Speaker 2: a bit of good news. How to tell exactly how
• 1:07:07
  Speaker 2: big it is. By the way, if you're going to
• 1:07:09
  Speaker 2: read DeSoto, an excellent, excellent book by DeSoto, the Recommand
• 1:07:15
  Speaker 2: is The Mystery of Capital, The Mystery of Capital, which
• 1:07:18
  Speaker 2: has some really good principles on how to.
• 1:07:23
  Speaker 3: Really bring prosperity to Latin America. So check it out.
• 1:07:27
  Speaker 2: The Mystery Capital of Capital by Hernando Disoto, the Peruvian
• 1:07:33
  Speaker 2: economist who is now, as of tomorrow, will be the
• 1:07:37
  Speaker 2: Prime Minister of Peru. All right, guys, that is that
• 1:07:43
  Speaker 2: is the news for today, Monday, February twenty fifth. Let
• 1:07:49
  Speaker 2: me remind everybody again that I will be in London
• 1:07:53
  Speaker 2: and we're doing a seminaron February twenty eighth in London.
• 1:07:57
  Speaker 3: I put the link.
• 1:07:59
  Speaker 2: I put the link to the seminar in the chat earlier.
• 1:08:05
  Speaker 2: I put it again just below so you can find it.
• 1:08:09
  Speaker 2: It would be great to get another three four people
• 1:08:12
  Speaker 2: to sign up. That would be that would I think
• 1:08:14
  Speaker 2: give us the optimal size for an interactive seminar. This
• 1:08:17
  Speaker 2: is going to be very interactive, lots of time for
• 1:08:19
  Speaker 2: back and forth, lots of time for your questions and
• 1:08:22
  Speaker 2: to hang out. So I hope you guys, I hope
• 1:08:26
  Speaker 2: you guys join me, join me at it at in London.
• 1:08:33
  Speaker 2: Those of you who are in Europe or.
• 1:08:34
  Speaker 3: Maybe in the UK, come and hang out. All right,
• 1:08:41
  Speaker 3: let's move.
• 1:08:43
  Speaker 2: To our soup chat. Before we do that, let me
• 1:08:47
  Speaker 2: just remind you of some of our sponsors. An institute
• 1:08:53
  Speaker 2: is holding a conference in Porto Porto, in Portugo in
• 1:09:01
  Speaker 2: April eighteenth, the weekend of April eighteenth. You can find
• 1:09:04
  Speaker 2: that information about the conference on Iran dot oak slash
• 1:09:07
  Speaker 2: start here Inran dot oak slash start here, and I'll
• 1:09:13
  Speaker 2: be there on cargat will be there. So that it's
• 1:09:17
  Speaker 2: funny this year of the ironman industry will be there.
• 1:09:20
  Speaker 2: So join us is going to be okay, great confidence.
• 1:09:22
  Speaker 2: If you're under thirty four, you can apply for a scholarship.
• 1:09:25
  Speaker 2: If you're over thirty four or don't get a scholarship,
• 1:09:28
  Speaker 2: you can get a discount. Twenty six YBS ten. Twenty
• 1:09:33
  Speaker 2: six ybs ten is the discount code. Is the discount
• 1:09:37
  Speaker 2: code twenty six ybs ten the discount code. Let's see.
• 1:09:50
  Speaker 2: So I encourage you to come to poto if Ryan
• 1:09:54
  Speaker 2: Air has lots of chief flights to Potos, so join us,
• 1:09:58
  Speaker 2: join us there, all right. Alex Epstein is the leading
• 1:10:03
  Speaker 2: authority in the world and all things energy, electricity, fossil fuels.
• 1:10:07
  Speaker 2: He is a sponsor of this show. Check him out
• 1:10:09
  Speaker 2: Alex Epstein dot substack dot com. I just saw substack today,
• 1:10:13
  Speaker 2: a post of is today with some amazing stats and information.
• 1:10:18
  Speaker 2: You will learn so much, so much by following Alex,
• 1:10:22
  Speaker 2: so check him out Alex Epstein Epstein dot substack dot com.
• 1:10:28
  Speaker 3: All right, let's uh, let's uh.
• 1:10:30
  Speaker 2: I want to remind you also that tonight I'll be
• 1:10:33
  Speaker 2: interviewing Tara Smith seven pm Eastern Time. We'll have Tara
• 1:10:38
  Speaker 2: Smith on the show. We're talking about the value of others.
• 1:10:41
  Speaker 2: That is the value of other people. Why other people
• 1:10:44
  Speaker 2: are of value to an objectivist, to a to a
• 1:10:47
  Speaker 2: selfish objectivist. I hope you join us. Bring lots of questions.
• 1:10:53
  Speaker 2: Of course, tera Can is an expert on on philosophy
• 1:10:58
  Speaker 2: of law. She's US on certain aspects of philosophy. Well,
• 1:11:01
  Speaker 2: she's us an expert on ethics on she's an objective philosopher.
• 1:11:05
  Speaker 3: So yeah, bring your questions, Bring.
• 1:11:08
  Speaker 2: Your philosopher oriented questions, particularly in ethics and in law,
• 1:11:13
  Speaker 2: to the show tonight seven pm East Coast time.
• 1:11:17
  Speaker 3: I don't miss it.
• 1:11:18
  Speaker 2: Terror's really really good, really really interesting, really passionate. She's
• 1:11:24
  Speaker 2: and really smart, really wonderful. All right, let's see what else. Yes,
• 1:11:31
  Speaker 2: encourage you to sign up as a monthly subscriber to
• 1:11:35
  Speaker 2: the One Book Show and a monthly supportive of your
• 1:11:36
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• 1:11:41
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• 1:11:44
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• 1:11:54
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• 1:12:00
  Speaker 2: five dollars and above. You can participate in in the
• 1:12:04
  Speaker 2: ams on the panel, you can interact directly on the panel,
• 1:12:08
  Speaker 2: and for two hundred and fifty a month, you can
• 1:12:12
  Speaker 2: get one on one with me once every three months
• 1:12:15
  Speaker 2: for five hundred dollars once a month, eight one on one.
• 1:12:18
  Speaker 3: With me, So check it out.
• 1:12:20
  Speaker 2: We'd love to have some additional monthly supporters either there
• 1:12:25
  Speaker 2: on PayPal. Patreon is the easier of the platforms to
• 1:12:30
  Speaker 2: engage with, so that is my perfoot platform. I think
• 1:12:33
  Speaker 2: it's better for you as well, so consider doing that.
• 1:12:36
  Speaker 2: All right. Let me let me thank the stickers, Ryan,
• 1:12:39
  Speaker 2: thank you, Jeffrey, thank you, really appreciated, Glen, Jimmy, and
• 1:12:47
  Speaker 2: let's see who else do we have. That's it, all right,
• 1:12:52
  Speaker 2: thank you guys, really appreciate it. We have one hundred
• 1:12:55
  Speaker 2: people watching right now. Come on over, ask a question.
• 1:13:00
  Speaker 2: In that way you get to actually get me to
• 1:13:02
  Speaker 2: talk about the things you want me to talk about,
• 1:13:05
  Speaker 2: or just do a sticker, and that way you can
• 1:13:07
  Speaker 2: trade with me as support value for value two dollars,
• 1:13:11
  Speaker 2: five dollars, one hundred dollars, five hundred dollars. You can't
• 1:13:13
  Speaker 2: do more than five hundred dollars. But you can do
• 1:13:15
  Speaker 2: as low as one dollar. One dollars appreciated. Everything is appreciated,
• 1:13:20
  Speaker 2: no matter how much you support the show. The fact
• 1:13:24
  Speaker 2: that you're willing to support it is appreciated. All right,
• 1:13:29
  Speaker 2: let's start with Christian, who has a fifty euro question.
• 1:13:33
  Speaker 2: Thank you Christian really appreciated. He says, some days ago
• 1:13:37
  Speaker 2: I wrote that I prefer a voluntary, professional army to conscription.
• 1:13:41
  Speaker 2: And it's really said, a dumb idea, unworthy to even debate.
• 1:13:46
  Speaker 2: In our tiny country, we need conscription to survive. Did
• 1:13:49
  Speaker 2: you have similar experiences?
• 1:13:51
  Speaker 3: What would you say?
• 1:13:53
  Speaker 2: Well, I'd say that a country they cannot defend itself
• 1:14:00
  Speaker 2: based on a all volunteer army is a country that
• 1:14:04
  Speaker 2: doesn't deserve to exist. It might have a right to exist,
• 1:14:08
  Speaker 2: but it doesn't deserve to exist. There's a difference between
• 1:14:11
  Speaker 2: desserts and right. So a lot of Israelis think that
• 1:14:18
  Speaker 2: I don't believe it's true. I know military commanders in
• 1:14:21
  Speaker 2: Israel who support an all volunteer army, a professional army.
• 1:14:26
  Speaker 2: I think Israel it takes too many people into the
• 1:14:29
  Speaker 2: army right now, doesn't and and you know, creates artificial
• 1:14:34
  Speaker 2: positions for them, which it wouldn't need in a professional army,
• 1:14:40
  Speaker 2: but you know, Israel needs to It would need up
• 1:14:44
  Speaker 2: a large army, and I think it would get a
• 1:14:46
  Speaker 2: large army because I think they'd get a lot of volunteers.
• 1:14:48
  Speaker 2: You saw that after October seventh, people volunteered to go
• 1:14:52
  Speaker 2: to Gaza.
• 1:14:52
  Speaker 3: People.
• 1:14:53
  Speaker 2: You know, people jumped at the opportunity to participate in
• 1:14:58
  Speaker 2: this war because they understood the existential nature of the
• 1:15:02
  Speaker 2: conflict and to the extent that they want to live
• 1:15:05
  Speaker 2: in Israel, to the extent that they want to raise
• 1:15:06
  Speaker 2: families in Israel, to the stent they want.
• 1:15:08
  Speaker 3: A life in Israel, they have to defend it.
• 1:15:12
  Speaker 2: And I think there's also a certain social ustra state
• 1:15:18
  Speaker 2: ostraicism that happens when people try to free rite off
• 1:15:23
  Speaker 2: of that that does not participate in the defense of
• 1:15:25
  Speaker 2: the country. So yeah, conscription is a violation of rights,
• 1:15:29
  Speaker 2: direct violation of rights, even in the case of a
• 1:15:32
  Speaker 2: country like Israel. Even in the case in Israeli's you know,
• 1:15:38
  Speaker 2: don't want even think about it. I get it, they
• 1:15:40
  Speaker 2: don't even think about it because of the existential nature
• 1:15:43
  Speaker 2: of the struggle. But it doesn't really it doesn't really matter.
• 1:15:53
  Speaker 2: So you know, the fact that they think that doesn't
• 1:15:56
  Speaker 2: make it true. Well, this whole changing the world thing
• 1:16:02
  Speaker 2: is a lot harder than I thought.
• 1:16:04
  Speaker 3: Welcome to the club. You'd think once enough.
• 1:16:07
  Speaker 2: People who matter read out a shrug, they would see
• 1:16:10
  Speaker 2: the way forward. Dishonesty innovasion must run deep in man's
• 1:16:14
  Speaker 2: souls today.
• 1:16:15
  Speaker 3: Yes, And you know in altruism and.
• 1:16:20
  Speaker 2: The religion and mysticism of the various forces, all of
• 1:16:24
  Speaker 2: those run very, very deep in man's soul. And just
• 1:16:29
  Speaker 2: reading a book is not enough to get people over it.
• 1:16:33
  Speaker 2: You know, it's not clear what is enough.
• 1:16:35
  Speaker 3: For some people.
• 1:16:35
  Speaker 2: Nothing might be enough. There's nothing you can do that
• 1:16:38
  Speaker 2: could get them. But you've definitely got to do more
• 1:16:44
  Speaker 2: than just having them read the book. Michael, is the
• 1:16:51
  Speaker 2: phrase rational self interest redundant? It's like saying rational capitalism
• 1:16:55
  Speaker 2: or rational virtues. Yes, it is redundant, not like saying
• 1:17:00
  Speaker 2: rational capitalism, because capitalism does not necessity. There is no
• 1:17:05
  Speaker 2: such thing capitalism as capitalism, But there is such thing
• 1:17:09
  Speaker 2: as rational self interest in a sense that self interest
• 1:17:13
  Speaker 2: is rational. Rationality is the primary virtue in for a
• 1:17:21
  Speaker 2: self interested human being. Reason is the primary value for
• 1:17:25
  Speaker 2: self interested human being. So rational self interest is redundant.
• 1:17:32
  Speaker 2: I use it and other people use it in order
• 1:17:35
  Speaker 2: to differentiate in people who don't know's mind between our
• 1:17:43
  Speaker 2: view of self interest and the common altruistic view of
• 1:17:47
  Speaker 2: self interest as something evil, as something really oriented around
• 1:17:52
  Speaker 2: focused on.
• 1:17:55
  Speaker 3: Exploiting other people.
• 1:17:58
  Speaker 2: So it's just an attempt to differentiate from that view, Michael,
• 1:18:04
  Speaker 2: how far will mom Donnie be able to go with
• 1:18:06
  Speaker 2: nationalizing apartment buildings what we see in that migration from
• 1:18:10
  Speaker 2: New York City.
• 1:18:11
  Speaker 3: I don't know how far he will go. My guess
• 1:18:13
  Speaker 3: is not very far.
• 1:18:15
  Speaker 2: He's already scaling back many of his ambitious programs. He
• 1:18:20
  Speaker 2: just announced Today's something I forget what it was that
• 1:18:23
  Speaker 2: they're not going to be able to do because there's
• 1:18:25
  Speaker 2: not enough money to do it. So, you know, he's
• 1:18:29
  Speaker 2: running up against his wish list versus reality, and a
• 1:18:34
  Speaker 2: lot of what he wants to do he won't be
• 1:18:35
  Speaker 2: able to do, so will there'd be mass migration for
• 1:18:38
  Speaker 2: New York City. No New York City will survive, Mumdani.
• 1:18:42
  Speaker 3: That is my prediction. It will survive, Mumdanni in you know,
• 1:18:47
  Speaker 3: will it will take a hit.
• 1:18:49
  Speaker 2: It won't be as good as a place to live,
• 1:18:51
  Speaker 2: but people are not going to flee in mass They're
• 1:18:54
  Speaker 2: going to stick it out and hopefully that'll like something
• 1:18:58
  Speaker 2: somebody better next time. Jacob, thank you for the sticker. Mike,
• 1:19:02
  Speaker 2: thank you for the sticker. Really appreciated, guys. Thanks for
• 1:19:05
  Speaker 2: the support. Michael, do you think legalizing suicide will be
• 1:19:11
  Speaker 2: crucial with the abolition of the welfare state? If people
• 1:19:15
  Speaker 2: really mess their lives up, they're going to need that
• 1:19:19
  Speaker 2: humane out.
• 1:19:21
  Speaker 3: No, I don't think it's necessary.
• 1:19:23
  Speaker 2: I don't think that suddenly you're gonna have a lot
• 1:19:26
  Speaker 2: of people who want to commit suicide because they can't
• 1:19:28
  Speaker 2: make it at all. I don't think that is the case.
• 1:19:31
  Speaker 2: I think I think the numbers are small. There's going
• 1:19:34
  Speaker 2: to be a charity based social net, but ultimately I
• 1:19:46
  Speaker 2: don't think there's any connection between the two. So I
• 1:19:49
  Speaker 2: don't think that's gonna happen.
• 1:19:51
  Speaker 3: But and you know, you can.
• 1:19:54
  Speaker 2: You can still commit suicide even I though it's not legal.
• 1:19:56
  Speaker 2: You just jump off a building, jump off a bridge.
• 1:19:59
  Speaker 2: There are lots of ways to commit suicide. They didn't
• 1:20:01
  Speaker 2: require state approval only. It's only assisted suicide that require
• 1:20:06
  Speaker 2: state approval. You can shoot yourself. People comit suicide all
• 1:20:09
  Speaker 2: the time by breaking the law, Roman says, what are
• 1:20:15
  Speaker 2: your preferred ways to monetize open so software?
• 1:20:18
  Speaker 3: I really don't have a preferred way. I don't know.
• 1:20:20
  Speaker 2: Whatever the market kind of discumbers makes sense, I don't know,
• 1:20:25
  Speaker 2: And people should experiment with it and find the optimal way.
• 1:20:29
  Speaker 3: This probably isn't one way.
• 1:20:31
  Speaker 2: Different software will probably be monetized in different ways. Wes,
• 1:20:38
  Speaker 2: thank you fifty dollars. Question. Really appreciate it. It West says,
• 1:20:42
  Speaker 2: I just experienced a blizzard in the perfect safety and
• 1:20:45
  Speaker 2: warmth of my apartment. Don't forget how great the amount
• 1:20:48
  Speaker 2: of world is. People. Yes, absolutely as bad as the
• 1:20:52
  Speaker 2: news is. Life is amazing. Life is amazing. I mean
• 1:20:57
  Speaker 2: a brutal blizzard in the Northeast today, one that they
• 1:21:01
  Speaker 2: say that Northeast has experienced in decades, and yet ninety
• 1:21:08
  Speaker 2: nine percent of the people are going to be fine,
• 1:21:12
  Speaker 2: just fine. So because the modern world is pretty damn amazing.
• 1:21:19
  Speaker 2: In spite of Tucker Colson and Matt Walsh and the
• 1:21:21
  Speaker 2: rest of the barbarians and Mamdani, I showed that and
• 1:21:26
  Speaker 2: the rest of the Mombanians. All right, don't forget. You
• 1:21:33
  Speaker 2: can ask questions in the super chats.
• 1:21:35
  Speaker 3: We've got time.
• 1:21:37
  Speaker 2: I have some questions, But the list of twenty dollars
• 1:21:42
  Speaker 2: questions is vacant right now, and those get priorities. So
• 1:21:45
  Speaker 2: twenty fifteen hundred dollars questions they always get priority. Michael,
• 1:21:50
  Speaker 2: when is the Jason Ryan's interview, I don't know, hasn't
• 1:21:53
  Speaker 2: been set yet in the works. Roman, what's the best
• 1:21:58
  Speaker 2: way to stop RSF genocide in Sudan? Do you support
• 1:22:03
  Speaker 2: military support for the Sudanese army to access the loans
• 1:22:07
  Speaker 2: and weapons? No, I mean there's no good guys in Sudan.
• 1:22:11
  Speaker 2: There's no bad guys in Saddan. Who said to RSF
• 1:22:13
  Speaker 2: are bad guys? And I mean, as far as I know,
• 1:22:17
  Speaker 2: the Sudanese Army are committing it's just as much genocide
• 1:22:19
  Speaker 2: is Rsfuh. It's it's a war between barbarians. It's none
• 1:22:24
  Speaker 2: of America's interests. It affects nothing in America. The Sudanese
• 1:22:31
  Speaker 2: are not a threat to America in any way. You know,
• 1:22:36
  Speaker 2: I don't think America should get involved one way or
• 1:22:38
  Speaker 2: the other, one way or the other. So no, it's
• 1:22:43
  Speaker 2: America should not be the policeman of the world. You
• 1:22:45
  Speaker 2: don't have to have an opinion about every conflict in
• 1:22:48
  Speaker 2: the world. Some conflicts are important, they have relevance to
• 1:22:52
  Speaker 2: the Western world, and some conflicts, like the one in
• 1:22:54
  Speaker 2: Sudan has no relevance to the modern world Western world.
• 1:22:58
  Speaker 3: It's just two groups of.
• 1:23:00
  Speaker 2: Guys, two tribal groups, two groups of you know, a
• 1:23:04
  Speaker 2: pretty barbaric culture killing each other. It's sad, but there's
• 1:23:12
  Speaker 2: nothing we shouldn't put out wealth or people in danger
• 1:23:17
  Speaker 2: for that. And it's actually which side you would take
• 1:23:21
  Speaker 2: Roman Is there a difference between liberal and religious Zionism?
• 1:23:25
  Speaker 2: Should the Jews be allowed to seceed from Syria and
• 1:23:27
  Speaker 2: join Israel? Yeah, I mean there's there's definitely a difference.
• 1:23:32
  Speaker 2: The liberal Zionism is not oriented towards Biblical the biblical
• 1:23:41
  Speaker 2: promise of the land of Israel by by God. It's
• 1:23:45
  Speaker 2: really based on the idea of creating a state for
• 1:23:48
  Speaker 2: self defense. It's based on the idea of creating a
• 1:23:50
  Speaker 2: state for the self defense of the Jews, but creating
• 1:23:54
  Speaker 2: a free state, a liberal democracy. Religious Zionism, depending on
• 1:23:59
  Speaker 2: the there are lots of flavors of religious Zionism. It's
• 1:24:03
  Speaker 2: much more in it towards the Bible, towards what it
• 1:24:06
  Speaker 2: says in the Bible about Israel about the Jews ancient
• 1:24:09
  Speaker 2: roots in Israel. It's much more as you'd expect, religious
• 1:24:14
  Speaker 2: in its justification, and it is not focused so much
• 1:24:18
  Speaker 2: on defending rights on you know, liberal democracy as the
• 1:24:23
  Speaker 2: form of government in Israel. Shouldn't the Jews be allowed
• 1:24:28
  Speaker 2: to succeed from Syria and join Israel? Yes, I mean
• 1:24:31
  Speaker 2: they should, but you know who is going to I mean,
• 1:24:35
  Speaker 2: I wish the United States would support that. This is
• 1:24:38
  Speaker 2: the kind of secession that I support because it's a
• 1:24:41
  Speaker 2: session secession. You're seceeding from authoritarianism to freedom. The Jews
• 1:24:48
  Speaker 2: in Israel are free and prosperous, and if the Syrian
• 1:24:52
  Speaker 2: Jews joined Israel, they too would be free and prosperous.
• 1:24:57
  Speaker 2: Israel would benefit. It would give them a buffer zone
• 1:24:59
  Speaker 2: in the now, and the Jerusim benefits. It's win win.
• 1:25:03
  Speaker 2: But Syria is not going to agree, and the United
• 1:25:05
  Speaker 2: States won't agree, and none of the other Arab countries
• 1:25:08
  Speaker 2: would agree, so it basically is not going to happen.
• 1:25:16
  Speaker 2: Jamie from Canada, do you think Alberta will separate from
• 1:25:19
  Speaker 2: Canada or will they hash it out rumors of ending
• 1:25:23
  Speaker 2: carbon sales income tax if they do. A fit criteria
• 1:25:27
  Speaker 2: of justified seceession of pursuit of freedom. I mean, it
• 1:25:30
  Speaker 2: depends how serious you think they really are. I don't
• 1:25:33
  Speaker 2: know how serious they are, right, I don't know how
• 1:25:37
  Speaker 2: serious they are. You know. It's easy to say we
• 1:25:42
  Speaker 2: want to do all these things, but do they have
• 1:25:44
  Speaker 2: the political power to actually do them? Is is Alberta
• 1:25:49
  Speaker 2: really dominated that much by people who hold those ideas? Yes,
• 1:25:53
  Speaker 2: if they truly want to establish a freer place, then
• 1:25:57
  Speaker 2: all the power to them. I don't think it'll happen.
• 1:26:01
  Speaker 2: You know, Quebec didn't SUCCEEDE, and I don't think Aboota
• 1:26:05
  Speaker 2: is going to SECCEEDE. I think it's I think it's
• 1:26:07
  Speaker 2: just a lot of people, you know, making noise. And
• 1:26:13
  Speaker 2: I mean maybe, but I think as of now, I
• 1:26:16
  Speaker 2: think it's it's maybe just noise. Also from Jamie of Canada,
• 1:26:21
  Speaker 2: What in God's name is Netherlands doing thirty six percent
• 1:26:24
  Speaker 2: unrealized capital gain stacks coming to US Canada? Next? Yeah,
• 1:26:28
  Speaker 2: I mean, look that the left has realized. Leftists have
• 1:26:32
  Speaker 2: realized that there is this massive amount of wealth that
• 1:26:36
  Speaker 2: is not being taxed and if they can only suck
• 1:26:41
  Speaker 2: so many taxes out of income and they can only
• 1:26:43
  Speaker 2: suck so many taxes out of the middle class, which
• 1:26:48
  Speaker 2: holds most of the money in any given society. That
• 1:26:53
  Speaker 2: but there's a low hanging fruit, and that lowing fruit
• 1:26:55
  Speaker 2: is all the capital gains. When the markets go up,
• 1:26:59
  Speaker 2: we all have a lot of capital gains, and a
• 1:27:01
  Speaker 2: lot of that capital gains is unrealized because we haven't
• 1:27:03
  Speaker 2: sold the stock. And a huge quantity of the global
• 1:27:06
  Speaker 2: wealth in the world is held as unrealized capital gains
• 1:27:12
  Speaker 2: in the stock market, in the bond market, in various forms,
• 1:27:17
  Speaker 2: in alternative markets, hedge funds, private equity funds.
• 1:27:21
  Speaker 3: And the left. All of the world is eyeing that
• 1:27:24
  Speaker 3: as a source of new revenue.
• 1:27:26
  Speaker 2: I don't know how this passed in the Netherlands and
• 1:27:29
  Speaker 2: why they have the kind of majority that would allow
• 1:27:32
  Speaker 2: this to pass in the Netherlands, but it has and
• 1:27:35
  Speaker 2: they're about to actually tax unrealized capital gains, which is
• 1:27:42
  Speaker 2: one of the most evil taxes you can imagine. I
• 1:27:45
  Speaker 2: mean capital gains taxes to begin with a form of
• 1:27:48
  Speaker 2: double taxation, right, capital gains That money was already taxed.
• 1:27:51
  Speaker 2: It was taxed when you earned it, before you invested it.
• 1:27:55
  Speaker 2: But unowned capital gains is unearned. For example, you could
• 1:27:59
  Speaker 2: have capital losses the next year, which would make it
• 1:28:01
  Speaker 2: go away, and you might not have the money to
• 1:28:05
  Speaker 2: literally pay the unearned capital gains taxes, which would force
• 1:28:09
  Speaker 2: you to sell assets in order to pay the taxes.
• 1:28:15
  Speaker 2: I mean, if you're like in a startup in America,
• 1:28:19
  Speaker 2: you could have billions of dollars of capital of unearned
• 1:28:22
  Speaker 2: capital gain, unrealized capital gains. There's no way for you
• 1:28:25
  Speaker 2: to sell that stuff because it's some of it's private.
• 1:28:28
  Speaker 2: How are you going to pay the tax bill?
• 1:28:32
  Speaker 3: Now? Could we see it elsewhere?
• 1:28:34
  Speaker 2: Yes, I mean it's already been proposed in the United States.
• 1:28:38
  Speaker 2: I think Kamala when she was running proposed it for
• 1:28:41
  Speaker 2: a little while.
• 1:28:43
  Speaker 3: Others proposed it. I don't think it would pass in
• 1:28:46
  Speaker 3: the United States.
• 1:28:46
  Speaker 2: I don't think you could get sixty VOTs in the
• 1:28:49
  Speaker 2: Senate to get that kind of tax passed in the US.
• 1:28:52
  Speaker 2: I don't think it's ever going to happen in the US.
• 1:28:55
  Speaker 2: But it's certainly being proposed by the left. Again, it's
• 1:28:58
  Speaker 2: a longing food. It's and who's who's being taxed. It's
• 1:29:02
  Speaker 2: rich people as far as they're concerned, right as the
• 1:29:05
  Speaker 2: way they think about it. All Right, guys, we're like
• 1:29:11
  Speaker 2: one hundred and eighty five dollars sort of out second
• 1:29:13
  Speaker 2: hour goal, So it would be great if some of
• 1:29:16
  Speaker 2: you stepped up, particularly in the stickers or twenty dollars
• 1:29:20
  Speaker 2: fifty dollars questions, that would be amazing. We probably don't
• 1:29:24
  Speaker 2: have more than maybe fifteen minutes to go, so you've
• 1:29:27
  Speaker 2: got fifteen minutes to come on over and support the show.
• 1:29:30
  Speaker 2: Jamie again, can you elaborate on what the agreement between
• 1:29:34
  Speaker 2: you and Craig Bidda was in relation to objectivism? The
• 1:29:38
  Speaker 2: disagreement was I understand, if not, I understand if not,
• 1:29:42
  Speaker 2: just curious where the philosophical difference may have been. I
• 1:29:46
  Speaker 2: don't think there is a philosophical difference quaw split between
• 1:29:52
  Speaker 2: me and Craig Biddo. I mean, I think I think
• 1:29:55
  Speaker 2: they're probably a bunch of philosophical things we disagree about,
• 1:29:59
  Speaker 2: but that's has nothing to do with whatever conflict I
• 1:30:02
  Speaker 2: had with Craig Biddle. The conflict we had with Craig
• 1:30:05
  Speaker 2: Biddle is more business and personal than it is philosophical.
• 1:30:12
  Speaker 2: So for whatever that's worth, and yep, I don't particularly
• 1:30:21
  Speaker 2: think he does a good job defending the objective philosophy,
• 1:30:24
  Speaker 2: but you know, but that's that is not there has.
• 1:30:29
  Speaker 3: Nothing to do with why we had a falling out
• 1:30:33
  Speaker 3: called it.
• 1:30:33
  Speaker 2: We had a falling out for other reasons that we're
• 1:30:35
  Speaker 2: not not philosophical, Jamie rate of making widgets. I understand.
• 1:30:45
  Speaker 2: But how is debt of labor stats able to determine
• 1:30:50
  Speaker 2: show numerical graph of supervisoral role CEO productivity? How is
• 1:30:58
  Speaker 2: Department of labor stats able to determine show numerical graph.
• 1:31:03
  Speaker 3: Of well, I mean.
• 1:31:07
  Speaker 2: It can't. You know, the kind of the kind of
• 1:31:11
  Speaker 2: value added that a CEO provides is not easy to
• 1:31:16
  Speaker 2: trace the particular charter, particular graph you could. You could
• 1:31:20
  Speaker 2: say he's responsible for the profits. So certainly there's a
• 1:31:25
  Speaker 2: there's a cause of relationship between CEO decision making and
• 1:31:29
  Speaker 2: the profitability of a company.
• 1:31:31
  Speaker 3: It's stock price.
• 1:31:33
  Speaker 2: Those are the things that the CEO is responsible for,
• 1:31:35
  Speaker 2: and those are the things that where his productivity is added.
• 1:31:38
  Speaker 3: You have to be able to conceptually.
• 1:31:42
  Speaker 2: Understand the role of a CEO, what he does, the
• 1:31:46
  Speaker 2: impact of his decisions, and how that affects productivity. It's
• 1:31:51
  Speaker 2: not a simple pulling out the accounting statement and seeing, oh,
• 1:31:56
  Speaker 2: I see, that's how the CEO increased productivity. He increases
• 1:31:59
  Speaker 2: productive in every decision he makes, or not right, he
• 1:32:02
  Speaker 2: might decrease productivity by bad decisions. The point is he
• 1:32:06
  Speaker 2: makes the bigg the decisions that makes the most impact
• 1:32:09
  Speaker 2: on productivity one way or the other. Jamie also, is
• 1:32:17
  Speaker 2: Cuba's fuel crisis more Trump's fault is what he's doing
• 1:32:22
  Speaker 2: right wrong or communism and why vacation cancelations only now
• 1:32:28
  Speaker 2: if it's the latter, the fuel shortage is, you know,
• 1:32:35
  Speaker 2: overall Communism's fault because Cuba is too poor to buy
• 1:32:41
  Speaker 2: oil in the open market. It has received subsidized oil
• 1:32:47
  Speaker 2: from Venezuela and before that from Russia and the Soviet
• 1:32:52
  Speaker 2: Union in the past, it's never been able to buy
• 1:32:55
  Speaker 2: oil on oil kind of global oil markets because it's
• 1:32:58
  Speaker 2: never had the wealth because it's communist. Now, it's true
• 1:33:02
  Speaker 2: that currently, right now, Trump is the one who stopped
• 1:33:07
  Speaker 2: the flow of off of Venezuela. So the current specific
• 1:33:11
  Speaker 2: crisis is Trump's doing, and it's fine. I mean, I
• 1:33:17
  Speaker 2: don't think it's I don't think it's necessarily wrong to
• 1:33:21
  Speaker 2: starve the Cubans in this way. You know exactly where
• 1:33:26
  Speaker 2: he takes this and what he does with it. I
• 1:33:28
  Speaker 2: don't know why vacation cancelations because the only source of
• 1:33:34
  Speaker 2: one of the only sources of foreign currency for the
• 1:33:37
  Speaker 2: Cuban regime is tourism. So they have invested in tourism,
• 1:33:44
  Speaker 2: and there's tourists to come from primarily from Europe, to
• 1:33:48
  Speaker 2: Cuba and spend their foreign currency in Cuba. Now I
• 1:33:51
  Speaker 2: would never go because that money all flows to the
• 1:33:54
  Speaker 2: communist government. It's not the people of Cuba benefit from
• 1:33:58
  Speaker 2: the tourism, it's the communist government benefits, and it's corrupt
• 1:34:02
  Speaker 2: and it uses it to oppress the people of Cuba.
• 1:34:07
  Speaker 2: So you can have communism and still have tourism because
• 1:34:14
  Speaker 2: the communists figured out the only area in which they
• 1:34:17
  Speaker 2: can carve out where they will get farm currency, which
• 1:34:23
  Speaker 2: they need in order to buy stuff like oil. But again,
• 1:34:27
  Speaker 2: the only place that would give them oil at the
• 1:34:33
  Speaker 2: kind of price they can afford was Venezuela, and that's
• 1:34:35
  Speaker 2: gone because Trump won't allow it, which he shouldn't. There's
• 1:34:39
  Speaker 2: no reason to allow Venezuela to subsidize Cuba, given the
• 1:34:43
  Speaker 2: hostility of Venezuela and Cuba to the United States, and
• 1:34:46
  Speaker 2: given they were basically now in control of Venezuela. I
• 1:34:49
  Speaker 2: mean that I take that as what Trump's has done.
• 1:34:51
  Speaker 2: He's taking control of Venezuela, certainly off of its oil exports,
• 1:34:56
  Speaker 2: and as such he's not going to export the oil
• 1:34:58
  Speaker 2: to Cuba.
• 1:35:00
  Speaker 1: Whoops, all right, Jamie, Will AI be able to predict
• 1:35:05
  Speaker 1: sports scores?
• 1:35:07
  Speaker 2: No? No, I don't think so. Better maybe than humans,
• 1:35:12
  Speaker 2: but I don't think very well. Wow, Jamie's asking all
• 1:35:15
  Speaker 2: the questions. Jamie again, FAA will require airlines to prove
• 1:35:21
  Speaker 2: they use merit based pilot hiring. Why did free market
• 1:35:25
  Speaker 2: fail to achieve this? Why did government need to step in? Well,
• 1:35:31
  Speaker 2: it's not clear that the government needs to step in.
• 1:35:34
  Speaker 2: It's not clear that there are any unqualified pilots flying
• 1:35:40
  Speaker 2: airlines in the United States. The market doesn't automatically do
• 1:35:46
  Speaker 2: the right thing. It can take a while to adjust.
• 1:35:51
  Speaker 2: But if there's no consequences, like all the pilots they
• 1:35:54
  Speaker 2: hire a qualified pilots, they don't crash planes.
• 1:36:00
  Speaker 3: And so customers don't care.
• 1:36:04
  Speaker 2: So how would how would they be disciplined if if
• 1:36:08
  Speaker 2: the airlines are let's say, preferencing minority pilots, if those
• 1:36:17
  Speaker 2: pilots are you know, good enough to fly the plane,
• 1:36:24
  Speaker 2: so you know, uh, and it's not clear how much
• 1:36:28
  Speaker 2: airlines use the I. I don't know, do you know
• 1:36:30
  Speaker 2: how much they use the I? I mean, hm, women pilots,
• 1:36:39
  Speaker 2: Why would they not been women pilots? Women ply women
• 1:36:42
  Speaker 2: fly you know, uh, women fly helicopters, in the in
• 1:36:48
  Speaker 2: the in the in the air force, they fly airplanes.
• 1:36:53
  Speaker 2: They you know, there's there's no reason why women would
• 1:36:56
  Speaker 2: be any less qualified to PI to fly a plane
• 1:36:59
  Speaker 2: than a man, or color skin should make a difference.
• 1:37:05
  Speaker 2: So it's just not clear if there's people who aren't
• 1:37:08
  Speaker 2: qualified you are flying airplanes. There's no evidence to suggest that.
• 1:37:13
  Speaker 2: If they was, then customers would go move away from
• 1:37:17
  Speaker 2: the airlines that were having pilot caused crashes and two
• 1:37:22
  Speaker 2: airlines that where they want such crashes. That's how the
• 1:37:25
  Speaker 2: market would discipline it. But so far that hasn't happened.
• 1:37:31
  Speaker 2: Jamie I despise Iran's regime. But every way I look
• 1:37:35
  Speaker 2: online says Iwan's death round five to seven. Where's the
• 1:37:39
  Speaker 2: thirty forty thousand number? Coming from certain Iranian sources? Bring
• 1:37:46
  Speaker 2: in the thirty to forty The five to seven is
• 1:37:49
  Speaker 2: what the mainstream media is particularly seven is repeating.
• 1:37:54
  Speaker 3: But sources that are more.
• 1:37:58
  Speaker 2: Connected to the Iranian community claiming it's thirty to forty thousand.
• 1:38:02
  Speaker 2: I don't know what the real number is. I think
• 1:38:05
  Speaker 2: it's more likely to be thirty to forty thousand, but
• 1:38:07
  Speaker 2: I don't know, and I guess we won't know until
• 1:38:09
  Speaker 2: the regime falls and you get somebody doing investigative reporting.
• 1:38:13
  Speaker 2: Any run Jamie of Canada, what would be bigger boost
• 1:38:22
  Speaker 2: to our economic growth dropping all tariffs or to zero,
• 1:38:27
  Speaker 2: or dropping all corporate taxes to zero? Probably a corp
• 1:38:33
  Speaker 2: of taxes. Probably dropping the corporate taxes to zero. They
• 1:38:37
  Speaker 2: would just have a bigger impact, probably on prices and
• 1:38:40
  Speaker 2: on wages. Prices would go down, wages would go up.
• 1:38:44
  Speaker 2: So I think that's the big one. Jonathan. What should
• 1:38:49
  Speaker 2: happen to the property and money of someone who dies
• 1:38:53
  Speaker 2: without a will or next of kin? I think I
• 1:38:56
  Speaker 2: was asked this question just about a week ago. Two
• 1:38:59
  Speaker 2: weeks ago. It should probably go to the state, which
• 1:39:05
  Speaker 2: would then would then auction it off and use those
• 1:39:09
  Speaker 2: proceeds to sustain the state's operations, you know, or if
• 1:39:17
  Speaker 2: it's vast quantities of land, they would use some kind
• 1:39:22
  Speaker 2: of method of homesteady to you know, gain new owners
• 1:39:28
  Speaker 2: for it. But I think just auctioning it off would
• 1:39:31
  Speaker 2: be fine, another way in which the state could fund
• 1:39:35
  Speaker 2: its operations. Stephen, do you think the children of the
• 1:39:39
  Speaker 2: undocumented should be entitled to birthright citizenship? Do you know
• 1:39:42
  Speaker 2: the government's argument at the Supreme Court? Yes, I think
• 1:39:46
  Speaker 2: they should, absolutely. I think the fourteenth fourteenth Amendment doesn't distinguish.
• 1:39:53
  Speaker 2: I think what the government is arguing is that the
• 1:39:56
  Speaker 2: fourteenth Amendment was therefore slaves or the children's of slaves
• 1:40:00
  Speaker 2: who were not citizens when they were born but are
• 1:40:03
  Speaker 2: now becoming citizens when they were freed from slavery. Yes,
• 1:40:07
  Speaker 2: that's true, but there's no exemption there for legal resident
• 1:40:13
  Speaker 2: There's no exemption there for only slaves. And I think
• 1:40:18
  Speaker 2: it kind of makes sense. If you're born here, you're
• 1:40:21
  Speaker 2: a citizen. I don't see why that is offensive to anybody.
• 1:40:31
  Speaker 2: And I think that the fourteenth Amendment's pretty clear about it,
• 1:40:34
  Speaker 2: so I don't think. I think it takes a convoluted
• 1:40:39
  Speaker 2: set of reasoning to try to make the case that
• 1:40:42
  Speaker 2: it's not. I wouldn't be surprised if this one went
• 1:40:45
  Speaker 2: seven to two, or they curl also go sixty three
• 1:40:50
  Speaker 2: to abolish abolish. It could be sixty three. I don't
• 1:40:53
  Speaker 2: know how Ghostich rules on this one. I think he
• 1:40:55
  Speaker 2: just reads the fourteenth Amendment. It goes by what the
• 1:40:59
  Speaker 2: text says. That they're supposed to be texturalists, so we
• 1:41:03
  Speaker 2: will see kabutuck something. According to objectives principles, all countries
• 1:41:17
  Speaker 2: of violating individual rights. So on this argument, no country
• 1:41:22
  Speaker 2: has a right to exist. No, that's not true. I said,
• 1:41:25
  Speaker 2: for the most part right, So most liberal democracies call
• 1:41:31
  Speaker 2: them most Western countries. Most countries that have legit elections
• 1:41:37
  Speaker 2: are for the most bought protecting rights. Authoritarian regimes are
• 1:41:43
  Speaker 2: for the most bought violating rights. So I man had
• 1:41:46
  Speaker 2: a test of whenever government becomes illegitimate has no rights,
• 1:41:52
  Speaker 2: and that is no free speech, the jailing of political
• 1:41:57
  Speaker 2: opposition in one party rule. Those three things would mean
• 1:42:04
  Speaker 2: that a particular country had no right to exist by
• 1:42:07
  Speaker 2: that standard. If you have free speech, free speech is protected,
• 1:42:14
  Speaker 2: and if you don't cheel political business, and if you
• 1:42:17
  Speaker 2: have more than one political party running for elections, then
• 1:42:20
  Speaker 2: you're mostly free and you're protecting rights mostly, if not perfectly. Tom,
• 1:42:30
  Speaker 2: planning ahead for emergencies is part of rational self interest.
• 1:42:33
  Speaker 2: I have learned health issues about a parent high important
• 1:42:37
  Speaker 2: this is yes, definitely, you've got a plan ahead.
• 1:42:42
  Speaker 3: I think if you grew.
• 1:42:44
  Speaker 2: Up in Israel, like I did, you need learned to
• 1:42:47
  Speaker 2: plan ahead for emergencies. Because wars broke out, terrorist attacks happened,
• 1:42:51
  Speaker 2: you had a plan for this, and planning ahead for
• 1:42:53
  Speaker 2: your parents, planning ahead for your own health and your
• 1:42:57
  Speaker 2: own life in older age very very important and real
• 1:43:03
  Speaker 2: time needs to be spent on it. Michael thoughts on
• 1:43:06
  Speaker 2: Rop Just is he running for Congress?
• 1:43:08
  Speaker 3: I mean, good for him. I'm all for it. I'm
• 1:43:11
  Speaker 3: glad he's running as a Democrat. That is I think
• 1:43:15
  Speaker 3: really good.
• 1:43:15
  Speaker 2: So he's not endorsing the current Republican Party, which I
• 1:43:18
  Speaker 2: think is unindorsable, So good for him. I hope he's successful.
• 1:43:24
  Speaker 2: I hope he moves a needle. I hope he gets
• 1:43:26
  Speaker 2: kind of certain democrats, certain people who are democratics in
• 1:43:33
  Speaker 2: rule of Virginia to appreciate free markets, which I think
• 1:43:36
  Speaker 2: is part of his goal is to bring capitalism into
• 1:43:42
  Speaker 2: the gender the discussion among certain types of democrats. Natural
• 1:43:47
  Speaker 2: nature Observer, thank you for the sticker. I appreciate that.
• 1:43:52
  Speaker 2: All right, last two questions, Kim, what would be appropriate
• 1:43:57
  Speaker 2: response to the cartels beside legalizing drugs.
• 1:44:01
  Speaker 3: Well, I mean, they are violent in Mexico.
• 1:44:05
  Speaker 2: They're killing people, and they are they're extorting, they're killing politicians.
• 1:44:11
  Speaker 2: They need to be shut down Mexico and governments should
• 1:44:14
  Speaker 2: engage in police action to minimize their impact as much
• 1:44:21
  Speaker 2: as possible. I don't think it's possible to completely eliminate
• 1:44:24
  Speaker 2: them as long as there is as long as drugs
• 1:44:27
  Speaker 2: are illegal.
• 1:44:28
  Speaker 1: But yeah, I mean, the fact that they are violent,
• 1:44:30
  Speaker 1: the fact that they are doing more than just drugs, means.
• 1:44:35
  Speaker 2: The state has it's number one obligation. The number one
• 1:44:40
  Speaker 2: obligation of the Mexican government is to go after the cartels.
• 1:44:48
  Speaker 2: But don't Let's not pretend that that's going to solve
• 1:44:52
  Speaker 2: the drug problem. Let's not pretend that they can achieve
• 1:44:57
  Speaker 2: in Mexico what they seem to have achieved in El Salvado.
• 1:45:01
  Speaker 2: It's not doable, but okay, but they still should go
• 1:45:04
  Speaker 2: after them. It's what governments are supposed to do, get
• 1:45:07
  Speaker 2: rid of violent criminals. Michael says, will the stock market
• 1:45:12
  Speaker 2: boom now that half the tafts are gone?
• 1:45:14
  Speaker 3: But half the taffs are not gone? I mean the
• 1:45:16
  Speaker 3: reality is that.
• 1:45:19
  Speaker 2: The tariffs Trump has replaced all the taffs with in
• 1:45:23
  Speaker 2: some cases worse tariffs, so they haven't gone at all,
• 1:45:28
  Speaker 2: so that the chaos, uncertainty, stupidity of tariffs continues. I mean, indeed,
• 1:45:35
  Speaker 2: if you look at the stock market, it's way down today,
• 1:45:38
  Speaker 2: and it's way down today, would be my guess because
• 1:45:41
  Speaker 2: of the tariff, because of Trump's introduction of the fifteen
• 1:45:45
  Speaker 2: percent tariff. So yeah, it's you know, uh, bonds that
• 1:45:56
  Speaker 2: I see the tend Your bond is down. The dollar
• 1:46:00
  Speaker 2: was actually going down, yep, going down, but not by
• 1:46:07
  Speaker 2: a lot. O. Bitcoin is under sixty five thousand. That's big,
• 1:46:12
  Speaker 2: that's big. So yeah, Nasdek is down a percent. Bank
• 1:46:19
  Speaker 2: stocks are down five percent, almost five percent, four point
• 1:46:22
  Speaker 2: six four percent. So yeah, it's it's it's it's not
• 1:46:30
  Speaker 2: it's not good. The tarist stuff is not good. And
• 1:46:34
  Speaker 2: his commitment to tarifs is not good, and his willingness
• 1:46:37
  Speaker 2: to do whatever it takes the imposed taris is not good.
• 1:46:41
  Speaker 2: And the market is responding negatively. But look, the market
• 1:46:44
  Speaker 2: could flip. There's so many different things going to determining
• 1:46:47
  Speaker 2: what the market will do. I don't think you can
• 1:46:49
  Speaker 2: take just one thing and that is it that gives
• 1:46:52
  Speaker 2: you the whole picture. There's a lot of moving parts
• 1:46:55
  Speaker 2: to the market. It's not just about tais, it's it's
• 1:46:58
  Speaker 2: about a lot of different things that are going on.
• 1:47:04
  Speaker 2: The high, relatively high PCE Personal Consumption Expenditure Index reported
• 1:47:13
  Speaker 2: on Friday also suggests that the Fed is unlikely to
• 1:47:17
  Speaker 2: reduce interest rates anytime soon, so that could also be
• 1:47:21
  Speaker 2: a reason why the stock market's going down. Interstates up,
• 1:47:26
  Speaker 2: markets down, inter states down markets up, everything else held constant,
• 1:47:30
  Speaker 2: which it never is. All right, Sun something. I heard
• 1:47:39
  Speaker 2: you talk with libertarian Doug Casey in twenty twelve. Wow,
• 1:47:44
  Speaker 2: and how you all agree with lots of stuff except anarchy.
• 1:47:47
  Speaker 2: Did you guys ever meet and talk? No? I mean
• 1:47:51
  Speaker 2: I've met him, we've met in person, yes, but we've
• 1:47:54
  Speaker 2: never talked. We don't agree as much as you think
• 1:47:57
  Speaker 2: we do, and we certainly don't agree with Fahan policy.
• 1:48:02
  Speaker 2: The difference on anarchy is not a trivial difference. It's
• 1:48:06
  Speaker 2: a huge, humongous difference that is rooted in fundamental philosophical disagreements.
• 1:48:12
  Speaker 2: So Douck Casey and I disagree about a lot of stuff,
• 1:48:16
  Speaker 2: and again suddenly faun policy. But even in domestic policy,
• 1:48:19
  Speaker 2: we probably disagree on a lot of different things. But again,
• 1:48:24
  Speaker 2: anytime anarchy is a big deal in terms of how
• 1:48:29
  Speaker 2: bad it is. So I don't consider it a trivial disagreement.
• 1:48:32
  Speaker 2: I consider it a major disagreement. And Douck Casey's other ideas,
• 1:48:37
  Speaker 2: I view is really really bad. So there's a whole
• 1:48:41
  Speaker 2: there's old slew of stuff. I disagree with him on
• 1:48:43
  Speaker 2: and he disagrees with me on. But that was a long, long,
• 1:48:47
  Speaker 2: long time ago. All right, guys, thank you for thank
• 1:48:57
  Speaker 2: you for all the super chatters. Really appreciate the support.
• 1:49:00
  Speaker 3: I will see you guys tomorrow tomorrow.
• 1:49:03
  Speaker 2: I think the show is at three pm East Coast times,
• 1:49:07
  Speaker 2: an hour later than usual. Yes, three pm East Coast
• 1:49:11
  Speaker 2: time tomorrow, and then we'll see about the show on Wednesday.
• 1:49:16
  Speaker 2: Partially depends on whether Homeland Security is doing away with
• 1:49:20
  Speaker 2: ts A pre or not pre check or not, because
• 1:49:23
  Speaker 2: after one today put it right after the show. All right, guys,
• 1:49:26
  Speaker 2: they threatened to do away with it as part of
• 1:49:28
  Speaker 2: the government shutdown, but now they've said they're reintroducing it,
• 1:49:31
  Speaker 2: so it's hard to tell what they're doing. See you tomorrow, Bye, everybody.