Latest / Yaron Brook Show / Evaluating ICE; Free Speech; Trump FP; BOP; Iran; Gold; Intel; Murder | Yaron Brook Show
Transcript
- 0:02Speaker 1: Oh, lotical fundamental principles of Aledo, why actual self interesting
- 0:09Speaker 1: and an individual? Wise, this is the Brook Show, all right, everybody,
- 0:21Speaker 1: welcome to here on Brook Show on this Friday, January
- 0:25Speaker 1: twenty third. I understand a lot of you.
- 0:31Speaker 2: It's cold where you are.
- 0:33Speaker 1: I'm not sure what that feels like exactly, but I
- 0:36Speaker 1: understand there's a huge cold front going through the United States.
- 0:39Speaker 1: It's it's freezing in Texas and it's snowing all over
- 0:44Speaker 1: the place, and big storm hitting Boston. And sorry, it's
- 0:49Speaker 1: like eighty it's like eighty one degrees outside right now
- 0:54Speaker 1: in Michigan it's two degrees officially two degrees eighty degrees
- 0:59Speaker 1: less than where I am, although inside my office it's
- 1:05Speaker 1: a nice cool seventy five degrees, So so we'll get
- 1:09Speaker 1: seventy four to seventy five. Sorry, ye, but yeah, breaking news.
- 1:14Speaker 1: There's a cold fund going through the United States. That's
- 1:16Speaker 1: what everybody's everybody's talking about. Sixteen degrees in Ohio. By
- 1:21Speaker 1: the way, you know, it's all gonna come back and
- 1:23Speaker 1: bite me, because the reality is next week I go
- 1:26Speaker 1: on the road and and I'm gonna get I'm gonna
- 1:31Speaker 1: get a little dosed of that cold. I think I'm
- 1:33Speaker 1: in Boston as part of the trip, so I will
- 1:39Speaker 1: definitely feel it, definitely feel it. All right, guys, let's see,
- 1:45Speaker 1: let's jump in. Remember you can ask questions super chat
- 1:48Speaker 1: and I read them all, and that way you get
- 1:51Speaker 1: to kind of dictate what I talk about. I want
- 1:54Speaker 1: to I want to start off today talking about ice
- 1:58Speaker 1: and really taking a step back. The particular is the
- 2:00Speaker 1: concretes of what is happening, although we'll talk a little
- 2:03Speaker 1: bit about that as well to talk about the bigger
- 2:06Speaker 1: question which I keep getting pushed back on in comments
- 2:10Speaker 1: and in different places, and that is but what about
- 2:14Speaker 1: the rule of law? You know, you're obstructing ice, you're
- 2:19Speaker 1: standing in their way, you're not following their orders. But
- 2:22Speaker 1: it isn't that basically a declaration that you stand for
- 2:25Speaker 1: anarchy and the rule of law is out and it
- 2:30Speaker 1: doesn't count, and it doesn't and you know, how can
- 2:33Speaker 1: you justify doing this?
- 2:34Speaker 2: You wouldn't do this to police, and mostly I would not.
- 2:39Speaker 1: I do the police.
- 2:40Speaker 2: So what is the difference? What's the different between ice
- 2:42Speaker 2: and police?
- 2:43Speaker 1: And I've tried, I've tried over the last over, you know,
- 2:47Speaker 1: week two weeks, I don't know to try to articulate
- 2:49Speaker 1: the case. Why I don't think it is the same
- 2:52Speaker 1: way I don't think ICE is the police, where I
- 2:54Speaker 1: don't think ICE is a legitimate police function of the government.
- 2:58Speaker 1: And therefore why I don't think that resisting them or
- 3:02Speaker 1: obstructing them in some way is it is not a
- 3:07Speaker 1: call for anarchy. It's not. It's not the same thing.
- 3:12Speaker 1: But you know, I haven't been convincing, so I haven't
- 3:14Speaker 1: convinced everybody. So I thought i'd give it one more shot,
- 3:17Speaker 1: and this time I thought i'd call in a philosopher,
- 3:22Speaker 1: and lucky for me, have you been Swaying? Has written
- 3:27Speaker 1: an excellent piece on exactly this point, on exactly this issue,
- 3:32Speaker 1: and the issue is not federal versus state at all.
- 3:35Speaker 1: But have you been swaying? Has a substack? I don't
- 3:38Speaker 1: know if you knew, but you guys should check it out,
- 3:40Speaker 1: incredibly valuable. Have you been swaying at dotch substack dot com?
- 3:43Speaker 1: Have you been swaying at Dutch substack dot com? Anyway,
- 3:47Speaker 1: Harry has written a piece on a substack versus the
- 3:51Speaker 1: rule of law not of men, which is excellent, and
- 3:55Speaker 1: I think, I think, I hope clarifies this point. So
- 3:58Speaker 1: I'm going to read you sections out of it, but
- 4:01Speaker 1: I recommend you go and read the whole thing, and
- 4:03Speaker 1: while you're there, subscribe to substract because they're gonna be
- 4:06Speaker 1: other really really insightful pieces there that you can that
- 4:11Speaker 1: you can benefit from. So yeah, let's let's let's take
- 4:19Speaker 1: a look. So I'm gonna read you some of these
- 4:21Speaker 1: sections any any So this is what he writes. He
- 4:26Speaker 1: again positions that a well, wait a minute, I mean
- 4:29Speaker 1: rule of law, even when the laws are irrational, even
- 4:32Speaker 1: the laws are moral, like somebody who raised IRS case
- 4:35Speaker 1: last time. I think I've responded right, and we'll get
- 4:37Speaker 1: to the IRIS in a minute. Because how he has
- 4:39Speaker 1: even a better example of it. But why is it?
- 4:46Speaker 1: Why is it okay to basically engage in civil disobedience
- 4:50Speaker 1: with regard to ice, and you wouldn't do that with
- 4:53Speaker 1: regard to the many, many, many immoral and irrational laws
- 4:58Speaker 1: that exist out there. This is what Harry writes. There's
- 5:04Speaker 1: a dramatic difference between legitimate law enforcement operating within formalized
- 5:09Speaker 1: constraints said by long precedents and the Constitution, and the
- 5:14Speaker 1: free range force wielding of armed agents of an administrative
- 5:20Speaker 1: agency to characterize this. If it's compare what happens to
- 5:24Speaker 1: you if the police arrest you, what happens to you
- 5:26Speaker 1: if ICE agencies you.
- 5:28Speaker 2: If arrested by police, there's.
- 5:30Speaker 1: Booking, an arragement before judge, after which the courts take control.
- 5:34Speaker 1: Your fate will not be decided by the police or
- 5:36Speaker 1: any of the executive branch any other executive branch of
- 5:39Speaker 1: the government.
- 5:40Speaker 2: You have a right to a lawyer.
- 5:42Speaker 1: If you can't afford one, the court or appoint a
- 5:44Speaker 1: public defender for your defense attorney. You are presumed innocent
- 5:49Speaker 1: if the prosecutor cannot affirmatively prove your guilt beyond a
- 5:53Speaker 1: reasonable doubt before a jury of your peers judge, you're
- 5:59Speaker 1: free throughout there's due process. What happens if you're seized
- 6:04Speaker 1: by ICE, you take it down the ICE of Customs
- 6:07Speaker 1: and bort holding facility where you are searched and interrogated.
- 6:11Speaker 1: Your belongings may be confiscated. Then ICE, not a court,
- 6:15Speaker 1: decides whether to detain you, release you on bail, or
- 6:19Speaker 1: use alternatives to detention, such as ankling, ankle monitoring. No
- 6:25Speaker 1: judge has to review any of this. You may be
- 6:29Speaker 1: subject to expedited removal, in which case you can be
- 6:32Speaker 1: sent to a pre deportation holding camp such as the
- 6:35Speaker 1: infamous Alligator Alcatraz facility, and then summarily flown to some
- 6:39Speaker 1: foreign country, probably its prison. The brutal prison of a
- 6:43Speaker 1: dictatorship may be insol for you. When no boot du
- 6:47Speaker 1: process and no appeal, we've seen this happen. Who decides
- 6:52Speaker 1: whether or not you are subject to expedited removal ICE?
- 6:57Speaker 1: The sides you get one opportunity and evidence, but to
- 7:01Speaker 1: the ICE agents who arrested you, with the only review
- 7:05Speaker 1: being done by a ICE supervisor, no independent judiciary, no
- 7:11Speaker 1: entity independent of the executive branch, and any of your
- 7:16Speaker 1: attempts to show ICE that you shouldn't be shipped out
- 7:19Speaker 1: as soon as possible to from prison, you'll presume guilty.
- 7:23Speaker 1: The burning proof is on you. They may or may
- 7:26Speaker 1: not permit you to have a lawyer. You do not
- 7:29Speaker 1: have one by right. There is no due process of law.
- 7:35Speaker 1: This is an essential difference between rule of law and ICE.
- 7:41Speaker 1: ICE is outside the realm of the rule of law.
- 7:44Speaker 1: It is the rule of men. It is the unbelievable,
- 7:48Speaker 1: unchecked power of an executive branch with no checks and balances.
- 7:54Speaker 1: It is the manifestation of that as how he puts it,
- 7:57Speaker 1: the rule of law versus the arbitrary decisions of men.
- 8:05Speaker 1: He continues, I'm skipping a bit to make vivid do
- 8:09Speaker 1: meaning the real meaning of this whole setup. Imagine that
- 8:11Speaker 1: the democratic president, operating with support from a Democratic Congress,
- 8:16Speaker 1: raises the same hue and cry about about income tax
- 8:20Speaker 1: evasion that Republicans have raised about criminal immigrants. Suppose that
- 8:25Speaker 1: this democratic president sets up within the Internal Revenue Service
- 8:28Speaker 1: of Division of Enforcement THERS, hires tens of thousands of
- 8:32Speaker 1: tough guys to be armed, massed and center around the
- 8:35Speaker 1: country to conduct raids on homes and businesses looking for
- 8:39Speaker 1: tax cheats. In the view of the IRS enforces, this
- 8:43Speaker 1: is exactly an example I gave you the other day
- 8:45Speaker 1: right In the view of IRS enforces, anyone with a
- 8:48Speaker 1: big house, luxury automobile, or Rolex watch should be assumed
- 8:52Speaker 1: to be a tax cheat and has to prove to
- 8:54Speaker 1: the IRS enforces that he's not. And assume that the
- 8:59Speaker 1: actions of the ices are shielded from outside review, just
- 9:03Speaker 1: as the action of ICE agents on Now is this
- 9:07Speaker 1: too outrageous? The left demonization of millionaires and billionaires closely
- 9:12Speaker 1: parallels the rights demonization of immigrant hordes of rapists and
- 9:16Speaker 1: narco terrorists. Just as a charge of tax evasion is
- 9:20Speaker 1: a cover for hatred of self made men, so the
- 9:24Speaker 1: charge of criminality among immigrants is a cover for theenophobic
- 9:28Speaker 1: fear of anyone who looks different. The only difference between
- 9:33Speaker 1: ICE and hypothetical IRS enforcement age division is that IRS
- 9:38Speaker 1: enforcement would keep its victims here in its own alligated Alcatraz. Now,
- 9:45Speaker 1: what if some of these armed IRS en forces saw
- 9:47Speaker 1: you in your car protesting them, and ordered you to
- 9:50Speaker 1: get out of your vehicle? What would you do? You
- 9:54Speaker 1: might obey out of fear. You might obey to prevent violence,
- 9:59Speaker 1: which you know, which serve the goals of the democratic president.
- 10:03Speaker 1: Those are real prudential considerations to wait. But I am
- 10:07Speaker 1: raising the moral question. With respect for the rule of law,
- 10:12Speaker 1: morally oblige you to obey the IRS enforces and get
- 10:16Speaker 1: out of your car. No, there could be no moral
- 10:21Speaker 1: or philosophical reason to treat such orders with respect to
- 10:26Speaker 1: pretend that these IRS goons are officers of the law.
- 10:31Speaker 1: Even if created by an Act of Congress, these enforces
- 10:34Speaker 1: would be uncontrolled hired guns, isolated from the legal system
- 10:38Speaker 1: and accountable only to their superiors in the democratic executive
- 10:42Speaker 1: branch run by the Democratic president. The mall principle does
- 10:47Speaker 1: not change when the party changes from Democratic to a Republican.
- 10:52Speaker 1: There's a revelation.
- 10:56Speaker 2: Isis hired guns are not agents of law.
- 10:58Speaker 1: Enforcements in America is part of the fabric of the
- 11:02Speaker 1: whole government and its separation of powers among the executive branch,
- 11:06Speaker 1: of judicial branch and the legislative branch, and with the
- 11:10Speaker 1: constitution safeguards of rights of the accused. ICE is a
- 11:15Speaker 1: paramilitary group operating within the executive branch, answerable to the President.
- 11:23Speaker 1: It is ICE itself that has no respect for the
- 11:26Speaker 1: rule of law, not just in its frequent brutal and
- 11:29Speaker 1: sometimes deadly behavior of its agents, but in operating as
- 11:34Speaker 1: enforces outside the actual legal systems. ICE makes its own
- 11:42Speaker 1: rules and is not part of American justice. I agree completely.
- 11:49Speaker 1: As we've seen in Minneapolis, ICE is the strutting, swaggering
- 11:54Speaker 1: personification of a government of men, not of laws.
- 12:01Speaker 2: Get out of the f car. An agent barked a
- 12:04Speaker 2: Genie good.
- 12:05Speaker 1: After Agent Rash shot her in the face, he or
- 12:08Speaker 1: another ICE goon muttered, fucking bitch. Further videos and eye
- 12:14Speaker 1: would just testimony will settle whether or not Rash shot
- 12:17Speaker 1: Renee because he was in fear of life or limb Personally,
- 12:21Speaker 1: I've already convinced that there was no objective threat of
- 12:24Speaker 1: serious harm to him. But what's relevant to this post
- 12:27Speaker 1: is only this Renee had no model obligation to obey
- 12:31Speaker 1: the orders that a pack of untethered, unaccountable goons shouted
- 12:35Speaker 1: at her. Now, if you agree with this analysis, there's
- 12:40Speaker 1: a wider lesson in evaluating air coun event focus on
- 12:44Speaker 1: their essential of the full context. The full context here
- 12:50Speaker 1: includes the nature of the American legal system. The purpose
- 12:53Speaker 1: of our legal system, of our laws and law enforcement
- 12:57Speaker 1: is to protect the individual rights by play seeing the
- 13:00Speaker 1: retaliatory use of physical force under objective control. That's a
- 13:06Speaker 1: that is a quote for mine Rand. What does being
- 13:10Speaker 1: undobjective control mean? I can't put it better than Rand
- 13:15Speaker 1: did in the same essay. This is in capitalism that
- 13:17Speaker 1: no an idea. A government holds a monopoly on the
- 13:21Speaker 1: legal use of physical force. Its actions have to be rightly,
- 13:24Speaker 1: rigidly defined, delimited, and circumscribed. No touch of whim or
- 13:31Speaker 1: caprice caprice should be permitted in its performance. It should
- 13:35Speaker 1: be an impulse impersonal robot, with the laws as its
- 13:40Speaker 1: only motive power. If a society is to be free,
- 13:43Speaker 1: its government has to be controlled. A private individual may
- 13:48Speaker 1: do anything except that which is legally forbidden. A government
- 13:52Speaker 1: official may do nothing except that which is legally permitted. Coach,
- 14:01Speaker 1: and the essential advice is that it is designed to
- 14:04Speaker 1: be arbitrary uncontrolled power. The actions of an entity follow
- 14:09Speaker 1: from its nature. The tragic death of any good is
- 14:13Speaker 1: a logical consequence of letting loose in the country. A
- 14:16Speaker 1: horde of unaccountable, masked gunmen loyal to their boss's boss
- 14:22Speaker 1: Donald Trump, more deaths, a shurred a company. I worry
- 14:26Speaker 1: that Ice is the nucleus of the elite presidential god,
- 14:31Speaker 1: a god against what against Defeat at the Poles January sixth,
- 14:36Speaker 1: twenty twenty one may be only an overture to.
- 14:39Speaker 2: A tribal civil war.
- 14:41Speaker 1: Tribal is the right term because both sides are held
- 14:44Speaker 1: together not by ideas, not by any understanding of political philosophy,
- 14:50Speaker 1: but by their hatred of the other tribe. There can
- 14:53Speaker 1: be no victory in a blind struggle of that kind.
- 14:56Speaker 1: Only fear destruction and transient regional warlard. Things don't have
- 15:02Speaker 1: to come to that way. Out is available, A return
- 15:06Speaker 1: to the rule of law, not man yay to Harry.
- 15:12Speaker 2: It's excellent. And you guys, you guys should you.
- 15:20Speaker 1: Guys should try You guys should read it. You should
- 15:23Speaker 1: read it yourself, all right. Yeah, I mean I don't
- 15:34Speaker 1: have anything to add really to that, because I think
- 15:36Speaker 1: it captures exactly what I've been what I've been saying,
- 15:39Speaker 1: what I've been trying to say, But does it more
- 15:43Speaker 1: articulately and more essentially essentialized in an essentialized philosophical way.
- 15:49Speaker 1: A few things I want to add, just just instance
- 15:53Speaker 1: of what's going on right now. So you know, ices
- 15:58Speaker 1: abuses continuing, continuing Minnesota. Indeed, you know there is a
- 16:05Speaker 1: uh there's many businesses today are closed in protest of
- 16:09Speaker 1: vice actions. So Minnesotians are taking this, uh taking this
- 16:14Speaker 1: seriously and uh, you know, particularly uh concerned by this.
- 16:22Speaker 1: I expect that this is not going to die down.
- 16:25Speaker 1: It seems like the trumpet dmistration is committed. Although they
- 16:29Speaker 1: have toned down the rhetoric a little bit. Uh what's
- 16:33Speaker 1: his name, jd Vance is not saying well, they don't
- 16:36Speaker 1: have complete immunity they're toning it down a little bit.
- 16:39Speaker 1: Maybe they're getting some backlash from some people on the
- 16:42Speaker 1: side of the aisle that's telling them that they've gone
- 16:44Speaker 1: they've taken this completely out of this is completely out
- 16:47Speaker 1: of control.
- 16:48Speaker 2: Uh, and they need to rein it in a little bit.
- 16:51Speaker 1: But uh, But yes, I agree with Harry more More
- 16:56Speaker 1: death is going to happen. More of the kind of
- 17:00Speaker 1: images we're seeing out of Minnesota are going to happen.
- 17:01Speaker 1: And I'm not giving you all the bad You know,
- 17:05Speaker 1: the guy who was taken out of his house, his
- 17:08Speaker 1: house searched and he's taken out of house in freezing weather,
- 17:13Speaker 1: half naked, in US citizen and until he had to
- 17:17Speaker 1: proved that he was a US citizen and then they
- 17:19Speaker 1: finally freed him. Or them using children to try to
- 17:22Speaker 1: lure parents out of the house because they can't go
- 17:25Speaker 1: in the house supposedly, right, they can't go in the
- 17:27Speaker 1: house because they don't have a warrant. So they're trying
- 17:29Speaker 1: to lure the parents out by holding their kids and
- 17:31Speaker 1: not letting their kids go home. All kinds of disgusting,
- 17:34Speaker 1: despicable things that the police would never do. The police
- 17:41Speaker 1: would never do, And that's the big difference. ICE is
- 17:47Speaker 1: not a policing agency. It is an you know, unsupervised
- 17:54Speaker 1: with no checks and balances agency from the executive branch.
- 17:59Speaker 2: It is the rule of men, not of laws.
- 18:03Speaker 1: And then I want to say something about the stuff
- 18:05Speaker 1: that you hear a lot, particularly out of the administration,
- 18:08Speaker 1: keeps telling us why you're interfering, ICE is just going
- 18:11Speaker 1: after criminals. They're catching criminals. Seventy something percent of you know,
- 18:15Speaker 1: the people that have been apprehended are criminals. Well, I mean,
- 18:21Speaker 1: that's just a bull faced plane out line. There's just
- 18:24Speaker 1: no basis that in reality. If you valuate the data
- 18:30Speaker 1: that is provided by the government itself, seventy three point
- 18:37Speaker 1: six percent. Now this is as of late twenty twenty five.
- 18:39Speaker 1: We don't have the latest data, but the data hasn't changed.
- 18:43Speaker 1: About seventy three point six percent of people in ICE
- 18:46Speaker 1: detention had no criminal conviction as of late twenty twenty five.
- 18:52Speaker 1: That means the less than twenty six percent had a conviction,
- 18:55Speaker 1: and many in that group have only minor offenses, not
- 19:00Speaker 1: necessarily serious crimes. So when they tell you stories about
- 19:05Speaker 1: the rapists and the murderers, and you know, all the
- 19:10Speaker 1: horrible stuff and you go, yeah, get them out of
- 19:12Speaker 1: the country please, although it's not clear we're going to
- 19:15Speaker 1: get them out of the country or maybe just kept
- 19:17Speaker 1: in jail for a very long time or forever. Those crimes,
- 19:25Speaker 1: the violent criminals, the people you really want out of
- 19:29Speaker 1: the country, the people you really don't want here. Not
- 19:32Speaker 1: the wookie guys in the Mexican restaurant. The guys are
- 19:35Speaker 1: trying to make a living. But the real criminals, that's
- 19:40Speaker 1: what I supposedly was going going to go after. Well,
- 19:44Speaker 1: they constitute about five percent of all those detained. And
- 19:51Speaker 1: when it comes to the real criminals, when it comes
- 19:54Speaker 1: to murderers and the rapists and so on, local authorities,
- 19:59Speaker 1: even in so called sanctuary cities, assisting ICE. ICE indeed
- 20:09Speaker 1: admitted today that yeah, the Minnesota you know, state police
- 20:15Speaker 1: or whatever state authorities or whatever assisting them in deportation
- 20:20Speaker 1: of convicted criminals who are illegal immigrants when it comes
- 20:27Speaker 1: to violent crime. So don't buy the stories. I mean,
- 20:36Speaker 1: there's basically a principle you're going to apply to this administration.
- 20:42Speaker 1: You cannot believe anything they say. I mean, I'm literally
- 20:47Speaker 1: you cannot believe anything they say. The head of this
- 20:52Speaker 1: administration are President Donald Trump lies constantly, and lines of
- 21:02Speaker 1: are things that are easily checked. So you say, well,
- 21:05Speaker 1: we won't die about that. That would be ridiculous. He
- 21:11Speaker 1: lies about everything. I mean, all you have to do
- 21:18Speaker 1: is check out a speech in Davos. One left and
- 21:23Speaker 1: another laft and another life. I mean, it's shocking and
- 21:26Speaker 1: you hit a spinning and you can't keep track, and
- 21:29Speaker 1: that's exactly the purpose. And then they can come on
- 21:32Speaker 1: and say, oh no, over seventy percent of the people
- 21:34Speaker 1: were you know, we're arresting and deporting over there's seventy
- 21:41Speaker 1: percent of them are criminal, convicted criminals and them and
- 21:49Speaker 1: then they give you a list. This guy is a rapist,
- 21:51Speaker 1: and this guy is a murderer, and this guy is
- 21:53Speaker 1: a multiple rapist, and this guy, you know, on and
- 21:57Speaker 1: on and on and on. You go, oh wow, every
- 22:00Speaker 1: everybody wants these guys deported, of course, but those guys
- 22:07Speaker 1: are easy to deport. Local police is helping you. Most
- 22:11Speaker 1: of them, if they've been convicted of those kind of crimes.
- 22:14Speaker 1: They're in jail. And now it's a question of do
- 22:16Speaker 1: you want to be in jail? Do you want to
- 22:17Speaker 1: deport it? Fine, you want to deport it. Deport them.
- 22:24Speaker 1: So again, five percent, that's all it is, is five percent.
- 22:29Speaker 1: What about the ninety five percent that are not violent
- 22:32Speaker 1: criminals might have a speeding ticket, now you know sometimes
- 22:45Speaker 1: people including people who have pending charges that have not
- 22:48Speaker 1: been convicted. But even that number is way below the
- 22:54Speaker 1: numbers of the administration is reporting. So again the basically lying.
- 23:04Speaker 1: And again, don't believe anything they tell you. Not about unemployment,
- 23:08Speaker 1: and not about inflation, and not about the way the
- 23:10Speaker 1: economy is going, and not about manufacturing jobs, and not
- 23:13Speaker 1: about the number of factories being built, and not about
- 23:15Speaker 1: any of these things, and not about what's going on
- 23:19Speaker 1: in the world, and not about Greenland, and not about Gaza.
- 23:25Speaker 1: Some of it is lying, some of it is wishful thinking,
- 23:29Speaker 1: which is just evading. None of it is connected to reality.
- 23:36Speaker 1: And literally you have to fact check everything this administration
- 23:40Speaker 1: comes up with everything. It's that bad, all right. We
- 23:50Speaker 1: talked yesterday about free speech. I just wanted to give
- 23:53Speaker 1: you a couple of because Trump is on a rant
- 23:55Speaker 1: about this about the polling.
- 23:57Speaker 2: He doesn't like poles.
- 23:58Speaker 1: Polls are not good, trusted, bad polls, bad bad polls,
- 24:02Speaker 1: but he wants to shut them down.
- 24:05Speaker 2: He wants to literally shut them down.
- 24:08Speaker 1: So there's a new New York Times poll showing Trump's
- 24:17Speaker 1: losing support among young people and minorities. So what is
- 24:24Speaker 1: Trump's response. You can't say that I'm suing you. You
- 24:29Speaker 1: cannot say that it's made up. You're making it up,
- 24:33Speaker 1: and I'm gonna sue you. Here's Trump's tweet the Times
- 24:38Speaker 1: siena poll, which is always tremendously negative to me, especially
- 24:42Speaker 1: just before the election of twenty twenty four. Wait, I
- 24:44Speaker 1: won in a landslide. Landslide. No landslide will be added
- 24:50Speaker 1: to my lawsuit against the failing New York Times. New
- 24:52Speaker 1: York Times is doing fine, by the way, financially. Our
- 24:55Speaker 1: lawyers have demanded that they keep all records and how
- 24:58Speaker 1: they computed the He's fake results, not just the fact
- 25:03Speaker 1: that it was heavily skewed towards Democrats. They will be
- 25:06Speaker 1: held fully responsible for all the radical left lies and wrongdoing.
- 25:13Speaker 1: So he's suing the polling agencies now. And that's not
- 25:17Speaker 1: an attempt to science at all. Right, No, no president
- 25:20Speaker 1: assues them, not an attempt. And then he continues just
- 25:29Speaker 1: to just to just just just say it's clear, just
- 25:32Speaker 1: so you understand what he's Uh, what he means.
- 25:36Speaker 2: So he doesn't want you. He doesn't want this to
- 25:39Speaker 2: be ambiguous.
- 25:39Speaker 1: The threat.
- 25:40Speaker 2: He doesn't want the threat to be ambiguous.
- 25:44Speaker 1: He says, fake and fraudulent polling should be virtually a
- 25:50Speaker 1: criminal offense, a criminal offense. Now, what is fake and
- 25:56Speaker 1: fudulent polling? And who gets the terminate? Is it polls
- 26:00Speaker 1: that are wrong? But polls along all the time? Indeed,
- 26:04Speaker 1: polls were wrong in twenty sixteen when they predicted that well,
- 26:11Speaker 1: in twenty sixteen when they predicted Hillary would win, they
- 26:14Speaker 1: were wrong, you know a number of times, all the
- 26:18Speaker 1: time in congressional, racist, senate, racist, presidential racist polls are wrong.
- 26:24Speaker 1: But now being wrong on a poll which can only
- 26:28Speaker 1: be determined exposed after the fact, and can only be
- 26:31Speaker 1: determined I guess by Donald Trump. He continues, as an example,
- 26:36Speaker 1: all of the anti Trump media that covered me during
- 26:39Speaker 1: the twenty twenty election should polls that were knowingly wrong.
- 26:43Speaker 2: And yet he lost that election. I guess they were right.
- 26:47Speaker 1: They knew what they were doing, trying to influence the election.
- 26:51Speaker 1: But I won in a landslide. This is twenty twenty.
- 26:54Speaker 1: He lost, including winning the popular vote all seven of
- 26:58Speaker 1: the seven swing states, the electorre call was a route
- 27:01Speaker 1: in twenty seven and fifty counties to five twenty five.
- 27:04Speaker 1: This is the election he lost. Talk about lying. You
- 27:14Speaker 1: can't do much better than that. And yet if people
- 27:17Speaker 1: examined the failing New York Times, ABC fake news, NBC
- 27:22Speaker 1: fake news, CBS, fake news, low rating CNN, or the
- 27:25Speaker 1: now defunct ms DNC polls or off fraudulent and born,
- 27:30Speaker 1: nothing even close to final results. Now I think he
- 27:33Speaker 1: meets twenty twenty four, but who knows. He's crazy and
- 27:36Speaker 1: delusional enough to mean anything. Something has to be done
- 27:40Speaker 1: about fraudulent polling. Even the polls of Fox News and
- 27:43Speaker 1: the Wall Street Journal have been over the years terrible.
- 27:47Speaker 1: There are great posters that called the election right, but
- 27:51Speaker 1: the media does not want to use them in any way,
- 27:53Speaker 1: shape or fall. Isn't it sad what has happened to
- 27:56Speaker 1: American journalism. But I am going to do everything possible
- 28:00Speaker 1: to keep this polling scam from moving forward. In other words,
- 28:04Speaker 1: that you know, the two polling polers that he likes,
- 28:09Speaker 1: they should be elevated and everybody else should be shut down,
- 28:13Speaker 1: us into prison.
- 28:13Speaker 2: They should be put in prison. Talk about the rule
- 28:15Speaker 2: of law.
- 28:21Speaker 1: This is some fire any attempt to punish and show
- 28:24Speaker 1: reporting of unfavorable news is an a front to the
- 28:28Speaker 1: First Amendment. That's true whether the government does so directly
- 28:32Speaker 1: through criminal law or a private litigant.
- 28:35Speaker 2: Enlists the judicial branch.
- 28:38Speaker 1: This is a basic violation of the free speech principle
- 28:41Speaker 1: we've held for the last two hundred and fifty years.
- 28:44Speaker 1: Polling is not a crime, and I will add to that,
- 28:48Speaker 1: being wrong in poles is not a crime. And reporting
- 28:52Speaker 1: on the polls is not a crime. No matter what
- 28:55Speaker 1: the President says. It's kind of crazy. It's crazy out there,
- 29:08Speaker 1: and it's not like, you know, I look for other
- 29:13Speaker 1: news stories, but everywhere I go Trump is doing nutty things.
- 29:18Speaker 1: And he's the president of the United States of America.
- 29:20Speaker 1: He's the president of the most mighty and most important
- 29:24Speaker 1: country in the world. Important philosophically and intellectually, intellectually, and politically, militarily,
- 29:31Speaker 1: and he's a nut and he does crazy things daily.
- 29:35Speaker 1: So this has to be the news which brings me
- 29:42Speaker 1: to his phone policy. And I've talked about his phone policy.
- 29:44Speaker 1: You remember I talked about Trump being a Viking, which
- 29:48Speaker 1: is it seems sounds like a compliment when I say
- 29:50Speaker 1: Trump is a Viking because the Viking has this positive image.
- 29:53Speaker 1: But the Viking are just thugs who use force to
- 29:57Speaker 1: conquer territory and uh and and get get get stuff
- 30:02Speaker 1: and steal and loots that and rape and pillage. That's
- 30:05Speaker 1: what Vikings do. That's that's how what they did in
- 30:08Speaker 1: their history. We can glamorize them, we can romanticize them,
- 30:11Speaker 1: but that is the reality. And even the TV shows
- 30:15Speaker 1: that try to glamorize them and romanticize them have to
- 30:17Speaker 1: technologe that that's the reality. They just put it in
- 30:21Speaker 1: a context in which pretty much everybody's like that. But
- 30:25Speaker 1: I found this quote by Stephen Miller that is so
- 30:29Speaker 1: aligned with that, so shockingly aligned with that that you know,
- 30:36Speaker 1: it's just it's just stunning. So this is Stephen.
- 30:39Speaker 2: Miller about a week ago.
- 30:44Speaker 1: We live in a world in which you can talk
- 30:48Speaker 1: about international niceties and everything else, But we live in.
- 30:52Speaker 2: A world in the real world that.
- 30:55Speaker 1: Is governed by strength, that is governed by force, that
- 30:59Speaker 1: is go and by power. These are the iron laws
- 31:03Speaker 1: of the world since the beginning of time. So we
- 31:11Speaker 1: can we cannot talk about you know, morality right and wrong.
- 31:19Speaker 1: We cannot talk about ideas about freedom about this administration
- 31:24Speaker 1: kills nothing about that. Morality doesn't matter. We can even
- 31:28Speaker 1: talk about American interests. But in our context and the
- 31:33Speaker 1: context and an objective is confaence that would mean moral
- 31:38Speaker 1: because it's in America's interest to act morally in the world,
- 31:43Speaker 1: which means not to sacrifice, but it means pursue its
- 31:45Speaker 1: own rational self interest, i e. Guided by ideas. Stephen Miller,
- 31:54Speaker 1: This administration's view of from policy is might makes right.
- 32:02Speaker 1: Might makes right. This administration, in its phone policy is
- 32:06Speaker 1: no different than any school yard bully, other than they
- 32:10Speaker 1: have nukes, which makes them all the more dangerous.
- 32:15Speaker 2: Might makes right.
- 32:19Speaker 1: As he says international affairs, the world is governed by strength,
- 32:23Speaker 1: and is governed by force, and it's governed by power.
- 32:26Speaker 2: These are the iron.
- 32:28Speaker 1: Laws of the world since the beginning of time. It's
- 32:29Speaker 1: always been this way. Since America is the strongest in
- 32:37Speaker 1: the world, it should be able to bully everybody around it.
- 32:42Speaker 1: Note how Trump behaves exactly like a bully.
- 32:46Speaker 2: I'm going to take Greenland, why because I can?
- 32:51Speaker 1: And if you don't give it to me, I won't
- 32:53Speaker 1: take it militarily maybe, but I'll put tariffs on you all,
- 32:56Speaker 1: penalize you are, I'll try to destroy you economies. And
- 33:02Speaker 1: notice what happened when you stand up to a bully,
- 33:07Speaker 1: just simple like I know I was. I moved a
- 33:11Speaker 1: lot when I was a kid, so I kept moving schools,
- 33:15Speaker 1: moved different cities, different schools, different languages. And you know,
- 33:20Speaker 1: there were bullies in a lot of these places. And
- 33:24Speaker 1: I'm you know, I'm not the type that tolerates that
- 33:28Speaker 1: for very long. Once twice, three times, at some point,
- 33:32Speaker 1: you know, I'll go after them. And they might be
- 33:36Speaker 1: stronger than me and begin to me, and I you know,
- 33:37Speaker 1: and and and so be it. You know, I'm not
- 33:40Speaker 1: just going to roll over and let them get away
- 33:43Speaker 1: with it. And what happens when you do that, even
- 33:46Speaker 1: if they're stronger than you, even if they can beat
- 33:48Speaker 1: you up, what happens almost always is they stop. They stop,
- 33:57Speaker 1: just because you stood up to them, they stop. And
- 34:03Speaker 1: by some miracle, I don't know what happened, Europe decided
- 34:08Speaker 1: to stand up to Donald Trump.
- 34:11Speaker 2: Literally said we're not giving you Iceland.
- 34:15Speaker 1: I mean. Reports today suggest that the Danes were literally
- 34:19Speaker 1: willing to fight. They knew they would lose, but they
- 34:21Speaker 1: were willing to exchange shots with the Americans. Of Iceland.
- 34:27Speaker 2: They were literally gonna gonna engage in fire.
- 34:32Speaker 1: You have said no, we're not going to do this,
- 34:34Speaker 1: and and all of you have said no, you can't
- 34:37Speaker 1: have Iceland, and we're gonna stand by them. And then
- 34:40Speaker 1: they said, you want to play tariffs, we can play
- 34:43Speaker 1: tariffs too, and they threatened a real trade war which
- 34:48Speaker 1: would be disastered to them but also disasters to the
- 34:50Speaker 1: United States. In other words, they stood up to the bully.
- 34:54Speaker 1: And what did he do tail between his legs. He
- 35:00Speaker 1: did completely thoroughly. Iceland is you know, what is supposed
- 35:05Speaker 1: to cut some deal with him. But the deal is
- 35:13Speaker 1: basically what United States always had, which is access to
- 35:16Speaker 1: Iceland for the purpose of, you know, placing military facilities
- 35:24Speaker 1: there and putting troops there, and and and uh, for
- 35:29Speaker 1: the for the Dome, for defense to prevent I mean,
- 35:32Speaker 1: it was just Greenland. Did I do Iceland? I'm doing
- 35:36Speaker 1: Iceland now. So I've been infected by the Trump virus. God,
- 35:42Speaker 1: I have to be careful making fun of of of
- 35:45Speaker 1: Trump's slipping age wise and uh, and then and then
- 35:51Speaker 1: doing exactly the same thing myself. Greenland, the green stuff,
- 35:57Speaker 1: not the icy stuff, the green stuff, Greenland, all right,
- 36:06Speaker 1: that's pretty funny, you know. I that is embarrassing and
- 36:12Speaker 1: super funny. But there it is. There, it is Greenland.
- 36:23Speaker 1: Trump got nothing that he didn't have before. There's no
- 36:27Speaker 1: three D chess, no forty chests. No, you're being capitulation,
- 36:30Speaker 1: no giving of anything. Indeed, Danmarkers come out and said explicitly,
- 36:38Speaker 1: no sovereignty is being giving up, none whatsoever. We're quite
- 36:43Speaker 1: willing to talk defense and stationing of US troops in Greenland.
- 36:47Speaker 1: I almost said it again, Greenland, and but we've always
- 36:50Speaker 1: been so nothing new here. Somebody says, I hear Greenland
- 36:59Speaker 1: is full of ice and Iceland is green. I bean
- 37:02Speaker 1: to Iceland, being to Iceland, driven around some of Iceland,
- 37:06Speaker 1: and I can tell you unequivocally Iceland is not green.
- 37:11Speaker 2: Now it is true. Greenland is full of ice.
- 37:16Speaker 1: And one of the problems of getting the rare eath
- 37:19Speaker 1: materials from Greenland is it's some of it's outer under
- 37:24Speaker 1: a lot of ice, so it's very hard to get to.
- 37:29Speaker 1: But no, Iceland is icy and gray and windy and
- 37:35Speaker 1: cold and frigid, beautiful, beautiful if you like that, But
- 37:41Speaker 1: it's not green. It's not green. Iceland does not have
- 37:45Speaker 1: a lot of green. Sorry, guys, maybe maybe there's like
- 37:48Speaker 1: a month in the spring, if you can call it spring,
- 37:54Speaker 1: where there is there is some green. But it's you know,
- 37:59Speaker 1: part of the reasons a few people living living live
- 38:01Speaker 1: in Iceland is because it's the ground is very difficult
- 38:04Speaker 1: to cultivate.
- 38:06Speaker 2: Uh, nothing really grows there.
- 38:09Speaker 1: There's not a lot of trees, there's not a lot
- 38:11Speaker 1: of grass, there's not a lot of anything green. Volcanoes
- 38:15Speaker 1: and and what do you call the stuff coming out
- 38:17Speaker 1: of volcano that hardens and and and and so on. Anyway,
- 38:23Speaker 1: that that's what it is anyway. Uh, it's it's yeah.
- 38:34Speaker 1: It's makes you understand why Trump favors Putin LoVa, thank
- 38:44Speaker 1: you lover God, Magma Lava. It because Putin is strong,
- 38:50Speaker 1: Putin has power, Putin has nukes. It's why Trump respects Shee,
- 38:56Speaker 1: why he respected the Buddha dictator of North Korea. Because
- 39:02Speaker 1: they're strong. They all have nukes and they all are toutlitarian,
- 39:08Speaker 1: murderous oppressors. That's strong. That's power. That shows them. That
- 39:14Speaker 1: shows strength, physical strengths, which is all they care about.
- 39:19Speaker 1: And why has this stain for European leaders? Most of
- 39:22Speaker 1: them don't have nukes. They're weak. They kind of wishy washy.
- 39:27Speaker 1: They're not They don't slaughter.
- 39:30Speaker 2: Their own people.
- 39:31Speaker 1: I mean I think deep down Donald Trump admires Datula Wow.
- 39:37Speaker 1: I mean he thinks that I Tella is weak because
- 39:40Speaker 1: he has protests like nobody protests putin, Nobody protests she
- 39:46Speaker 1: because they're strong.
- 39:50Speaker 2: And it's why he never talks about freedom for the Unians, because.
- 39:53Speaker 1: He doesn't care. So he completely understands Russia's wanting to
- 40:02Speaker 1: invade Ukraine. White wants to take crimea, White to Komea
- 40:08Speaker 1: this strong. Why shouldn't they they want it? Ticket and
- 40:11Speaker 1: why I don't think he really has any intention of
- 40:16Speaker 1: coming to Taiwan's defense of China invades Taiwan. I mean
- 40:20Speaker 1: I think he've viewsed and when he goes to China,
- 40:23Speaker 1: I think you will hear him say very ambiguous things
- 40:26Speaker 1: about Taiwan, things like yeah, I mean China wants it.
- 40:30Speaker 1: It was used to be theirs. There's got to be
- 40:32Speaker 1: away from them to unite. I mean China is strong.
- 40:37Speaker 1: I mean Taiwan has no cards, It has no cards.
- 40:41Speaker 1: China has all the cards. I mean, basically, his whole
- 40:48Speaker 1: approach legitimizes war by any major power for any reason.
- 40:55Speaker 2: Anywhere.
- 40:58Speaker 1: Why not? And then this guy has the audacity the
- 41:08Speaker 1: convene Border Piece. We talked about the Border Piece yesterday
- 41:16Speaker 1: day before. I mean, it's a joke, but I thought
- 41:20Speaker 1: i'd fill you in at Canada. This is what Donald Trump.
- 41:26Speaker 1: You know Connie who has been giving speeches dabs and
- 41:30Speaker 1: in again yesterday at another location criticizing Trump. So Trump
- 41:36Speaker 1: yesterday tweeted, Dear Prime Minister Connie, please let this letter
- 41:41Speaker 1: serve to represent that the Border Piece is drawing its
- 41:45Speaker 1: invitation to you reguarding Canada's joining what will be the
- 41:48Speaker 1: most prestigious board of leaders ever assembled at any time.
- 41:54Speaker 1: Thank you for your attention to this matter. So, no,
- 41:59Speaker 1: Canada doesn't get to join the Putins and the leaders
- 42:06Speaker 1: of you know, Kazakhstan and Belarus and Katter in Saudi
- 42:13Speaker 1: Arabia and Bahrain. And nope, no Canada. They offended, They
- 42:20Speaker 1: offended the guy with all the power, and you can't
- 42:22Speaker 1: do that. And then Germany today announced that it would
- 42:28Speaker 1: not join. Not join. We cannot accept the governance structure
- 42:35Speaker 1: for constitutional reasons in Germany. That's a weak ass way
- 42:39Speaker 1: of saying it, right, We cannot accept the Donald Trump
- 42:42Speaker 1: is going to be chairman for life and has virtual
- 42:44Speaker 1: power over this. That's what he wanted to say, but
- 42:47Speaker 1: he didn't say it. He said constitutional reasons in Germany.
- 42:53Speaker 1: So yeah, Germany's out, Canada's out. I think most of
- 42:56Speaker 1: Western Europe will be out, Spain is out, and so
- 43:01Speaker 1: you'll get basically all the authoritarians in the world, and
- 43:04Speaker 1: then Taniao will be on the boarder piece. Is there
- 43:14Speaker 1: a big a joke? But nope, you know, I shouldn't say.
- 43:19Speaker 1: There's so many of you who still think this is
- 43:22Speaker 1: this is one of the greatest presidents who ever lived.
- 43:27Speaker 1: That's all I gotta say is a big sigh, A
- 43:30Speaker 1: big sigh.
- 43:34Speaker 2: I mean, I don't know about you, but.
- 43:37Speaker 1: I'm kind of on the edge of my edge of
- 43:40Speaker 1: my seat about whether the United States will attack you
- 43:45Speaker 1: on Maybe this is one thing Trump will do right
- 43:48Speaker 1: and actually get it done and actually help the Ranian
- 43:51Speaker 1: people overthrow the regime. I'm still doubtful, but I'm probably
- 43:59Speaker 1: there's a good chance'll be proven wrong. I think it's
- 44:01Speaker 1: fifty to fifty. I really I don't know how to
- 44:04Speaker 1: estimate it. Whitcough Is now said after he was all
- 44:08Speaker 1: about negotiating, he now says there's no negotiation going on
- 44:11Speaker 1: with Iran, so again setting it up for what seems
- 44:16Speaker 1: like to be an imminent strike. Again, I've told you
- 44:20Speaker 1: this before. Israeli on forces clearing a high alert. Everything's ready.
- 44:27Speaker 1: They are instructing their personnel and everybody around them who
- 44:31Speaker 1: listen that the strike is going to happen, and it's
- 44:34Speaker 1: going to happen soon, very soon. I mean again, people
- 44:38Speaker 1: were thinking it was going to happen tonight. Tonight is
- 44:40Speaker 1: already nighttime in the Tehran. It hasn't happened yet, maybe
- 44:44Speaker 1: in a couple of hours, but it happens, hasn't happened yet. However,
- 44:51Speaker 1: at this point we should know that the United States
- 44:58Speaker 1: is ready ready. The United States is absolutely ready. It
- 45:10Speaker 1: has moved sent coom from I think it's based in Kata,
- 45:15Speaker 1: God because the Kataris don't have anything to do with
- 45:17Speaker 1: the Uranian assault. Right, So this is how suit it is.
- 45:22Speaker 1: The largest military based the largest airfield that the United
- 45:26Speaker 1: States has in the Middle East is in kata The
- 45:29Speaker 1: Kataris won't let them music, and then why America is
- 45:33Speaker 1: asking permission? You should tell the Katucky just shut up
- 45:37Speaker 1: and do as they're told. I thought it might makes right.
- 45:40Speaker 1: I don't know. Kataris have more sway over the United States,
- 45:44Speaker 1: the Ukrainians, the Taiwanese, the Europeans. Free countries don't. Free
- 45:49Speaker 1: countries don't anyway. Sincam is now supposed he set up
- 45:53Speaker 1: in Jordan, which will probably be the main base of operations,
- 45:59Speaker 1: out of which we have an airfield in Jordan, out
- 46:02Speaker 1: of which the US will operate visa the Iran UH.
- 46:08Speaker 1: The United States right now has a three you know,
- 46:18Speaker 1: a massive number of Tomas Kruis missos within range of Tehran.
- 46:27Speaker 1: We know they have an aircraft carrier Strike Group Abram Lincoln,
- 46:30Speaker 1: which is a Nimitz class USS A Bram Lincoln together
- 46:35Speaker 1: with its destroyers. That that supported three destroyers. That means
- 46:45Speaker 1: there are six carrier based combat aviation squadrants aboard the carrier.
- 46:50Speaker 1: Other Navy vessels in the area are the USS Mount Whitney,
- 46:56Speaker 1: which is a primary command ship functions as a floating headquarters.
- 47:01Speaker 1: It has US S Lewis Puller, a mobile c base
- 47:05Speaker 1: used for helicopter operations, special forces deployment, and logistical missions.
- 47:10Speaker 1: They have combat ships a number of smaller combat ships
- 47:14Speaker 1: in the area. They have logistics and replenishing vessels. You
- 47:20Speaker 1: know they have, you know, so they can they can
- 47:24Speaker 1: support any kind of first strike force. In addition, the
- 47:28Speaker 1: US Air Force has squadrons ready to deploy on American
- 47:32Speaker 1: bases across the Middle East. Two squadrons of F thirty fives,
- 47:35Speaker 1: three squadrons of F fifteen e's, five to six squadrons
- 47:39Speaker 1: of F sixteens, A ten aircraft attack aircraft. These are
- 47:43Speaker 1: the ones, These are the ones that have those really
- 47:46Speaker 1: amazing machine I mean they can destroy everything in their path.
- 47:50Speaker 1: A ten attack aircraft squadrons. Not clear how many of
- 47:54Speaker 1: those they've now moved more what do you call it
- 47:58Speaker 1: refueling play into the region then they had maybe at
- 48:03Speaker 1: any time, Uh, you know, the weapons are there, the
- 48:11Speaker 1: personnel is there. The capacity to basically destroy you on
- 48:17Speaker 1: and certainly destroy the Iranian military capabilities is there. Plus
- 48:23Speaker 1: if you add to that B two flying from the
- 48:25Speaker 1: US or flying from Diego Garcia in the Indian Ocean,
- 48:29Speaker 1: the B twos could be used to attack the ballistic
- 48:33Speaker 1: missile capabilities of your on which are deep in bunkers,
- 48:37Speaker 1: and they would use those bunker busting bombs that they
- 48:40Speaker 1: used on the nuclear facilities they could take out a
- 48:43Speaker 1: number of those. Some of those are up in the mountains,
- 48:45Speaker 1: some of them uh. And and and these these bombs
- 48:48Speaker 1: could penetrate, uh, penetrate those are Those are the kind
- 48:52Speaker 1: of places and kind of bunkers that they the Israeli
- 48:55Speaker 1: military cannot get to.
- 48:57Speaker 2: They don't have bust up bunk up busting bombs.
- 48:59Speaker 1: They would have to use a nuke to destroy them,
- 49:03Speaker 1: and of course they're not. Nobody's going to use a
- 49:05Speaker 1: nuke in Iran. So we will see.
- 49:10Speaker 2: I will go live when and if.
- 49:14Speaker 1: In attack on Iran happens, you know, if I'm awake
- 49:18Speaker 1: and able to, I will do it. I don't know
- 49:22Speaker 1: when that's gonna happen, and I don't know if it's
- 49:23Speaker 1: gonna happen. And still it's a coin coin flip. It
- 49:26Speaker 1: depends on the whim of our commander in chief, the
- 49:29Speaker 1: whim of a it's all about power guy. I don't
- 49:38Speaker 1: know if you guys are watching gold and silver. I
- 49:41Speaker 1: guess everybody's watching gold and silver. It's it is officially
- 49:48Speaker 1: nuts out there. We can talk about what this means,
- 49:52Speaker 1: but I've never seen gold and silver perform this way.
- 49:57Speaker 1: I think this is historically unprecedented, and we'll talk about
- 50:01Speaker 1: in particularly given what else is going on in the world,
- 50:04Speaker 1: it's historically imprecedented.
- 50:06Speaker 2: Silver is this just touched one hundred dollars an ounce.
- 50:09Speaker 1: One hundred dollars an ounce, and gold is very close
- 50:12Speaker 1: to five thousand dollars an ounce. It broke four thousand
- 50:17Speaker 1: just a little bit ago. Now, you know a lot
- 50:23Speaker 1: of drivers for this, things like central banks and a
- 50:27Speaker 1: lot of institutions are pivoting away from traditional safe havens
- 50:34Speaker 1: and into gold. Now what are the traditional safe havens
- 50:38Speaker 1: Japanese bonds, That's why the yields are going up, American bonds,
- 50:44Speaker 1: But yields are not going up that much. They went
- 50:46Speaker 1: up a little bit with Greenland, but they've come down
- 50:48Speaker 1: a little bit. But that the high relative to where
- 50:53Speaker 1: the Fed interest rate is, but they're not that high.
- 50:57Speaker 1: If there was real dumping going on, mass of amounts
- 51:00Speaker 1: of dumping, I mean, maybe some are dumping and others
- 51:05Speaker 1: are buying, but I'm not sure who's doing the buying.
- 51:07Speaker 1: That's the real question. Who's doing the buying and why
- 51:09Speaker 1: they why they're not why they're not insisting on a
- 51:12Speaker 1: lower price. So it doesn't really seem like there's a
- 51:17Speaker 1: huge exodus from US bonds, huge exodus for the US dollar.
- 51:24Speaker 1: Dollar keeps going down in value relative to other curuncies,
- 51:28Speaker 1: but we're not seeing the movement out of US bonds
- 51:34Speaker 1: uh which would raise interestation dramatically and affect your mortgage rate.
- 51:41Speaker 1: That is happening, but it's happening at themogon. It's not
- 51:45Speaker 1: happening in massive volumes that are that they're you know
- 51:50Speaker 1: that they're all collapsing. So the dollar was down what
- 51:59Speaker 1: over ten percent last year, it's down again this month.
- 52:01Speaker 1: The dollar continues to go down relative to the Euro,
- 52:04Speaker 1: relative to the pound, somewhat relative to the end relative
- 52:07Speaker 1: to basket of other currencies. So it's going to be interesting.
- 52:13Speaker 1: So that's central banks and official institutions in other countries.
- 52:20Speaker 1: But then I think institutions investors. Institutional investors are buying
- 52:25Speaker 1: more and more buying from institutional investors.
- 52:29Speaker 2: They're integrating.
- 52:31Speaker 1: You know, they've seen how much silf and gold have
- 52:33Speaker 1: gone up, and they felt like they missed out and
- 52:36Speaker 1: they're getting in. And then I think there's a bunch
- 52:43Speaker 1: of speculators, huge amounts of speculative buyers buyings.
- 52:48Speaker 2: Now here's what's unprecedented, which is interesting.
- 52:53Speaker 1: I think gold is gold is at all time highs,
- 53:03Speaker 1: but so is the stock market. Now you'd expect that
- 53:07Speaker 1: not to happen, right, Gold is a safe harbor. Gold
- 53:13Speaker 1: is where you go when you think everything else is worthless.
- 53:17Speaker 1: Gold doesn't earn interest in and of itself. Gold is
- 53:21Speaker 1: where you will. You think, if the dollar is going
- 53:23Speaker 1: to collapse, and if the dollar is going to collapse,
- 53:26Speaker 1: stocks in dollar terms, stocks are not going to be
- 53:28Speaker 1: that that valuable.
- 53:31Speaker 2: US companies are going to get hoods.
- 53:38Speaker 1: If you know, if the economy is going to go
- 53:41Speaker 1: into spiral, if geopolitic politics is going to cause us
- 53:44Speaker 1: all to go back to the Stone age, why is
- 53:48Speaker 1: the stock market all time highs and gold at all
- 53:50Speaker 1: time highs? Okay, well, you might say inflation, what this
- 53:57Speaker 1: is what gold at four thousand and five thousand is saying,
- 54:00Speaker 1: we're expecting very high rates of inflation. But look, four
- 54:03Speaker 1: five thousand dollars gold expects really high rates inflation. We're
- 54:07Speaker 1: talking about hyper inflation. But if you really thought there
- 54:12Speaker 1: was going to be hyperinflation, if the market thought this,
- 54:16Speaker 1: then why are people buying bonds for yields at four
- 54:19Speaker 1: point two percent that has an implied inflation rate of
- 54:24Speaker 1: something around three percent. Three percent inflation just doesn't justify
- 54:30Speaker 1: gold at four thousand. So what is happening right now
- 54:36Speaker 1: is different parts of the market are giving out different
- 54:41Speaker 1: signals about what is going on. Different parts of the
- 54:47Speaker 1: markets are giving out different signals.
- 54:51Speaker 2: About what's going on. The stock market signal is all
- 54:55Speaker 2: is fine.
- 54:57Speaker 1: Big American companies are doing great, The market expects them
- 55:02Speaker 1: to do great into the future, and interstrates are going
- 55:07Speaker 1: to stay relatively low. Because I've told you this many
- 55:11Speaker 1: many times. If interestates go up, stocks go down. All
- 55:15Speaker 1: else held constant. Of course interestates go up, stock going down. Indeed,
- 55:18Speaker 1: interestate's go up, all financial assets go down, the value
- 55:21Speaker 1: of good stuff. So the fact that stocks away up
- 55:25Speaker 1: suggests stocks are predicting long term interest rates to be
- 55:28Speaker 1: stable or down. And the one day interestates went up
- 55:33Speaker 1: when everybody feared invasion into Greenland or trade war, inter
- 55:39Speaker 1: states went up, stocks went down. That was what Tuesday,
- 55:42Speaker 1: and then it reversed and all came back. So so
- 55:51Speaker 1: stocks are saying all is good at least at the
- 55:55Speaker 1: economy of big companies. Interestates just saying you, we're worried
- 56:01Speaker 1: about inflation, but you know at three four percent, maybe
- 56:07Speaker 1: not a ten, twenty thirty, forty fifty percent, not at
- 56:09Speaker 1: hyper inflation rates at like high but high normal rates
- 56:16Speaker 1: single digits and low single digits, right, not even eight
- 56:19Speaker 1: nine if they expected inflation was eight nine. Remember, interest
- 56:22Speaker 1: rates is the real rate what you what you need
- 56:26Speaker 1: to get in order to give up your money for
- 56:28Speaker 1: a period of time, plus a risk factor, plus a
- 56:34Speaker 1: risk of default which is assumed that use coming bond
- 56:39Speaker 1: zero plus expected inflation. So if the real rate, let's
- 56:42Speaker 1: say is one percent a year, and let's say default
- 56:47Speaker 1: risk of zero, then if bonds at four point two,
- 56:50Speaker 1: then you expect inflation read three percent over the next
- 56:53Speaker 1: ten years, which is high, higher than what the Fed wants.
- 56:57Speaker 1: Higher what the Fed says it's going to be. It
- 56:59Speaker 1: says two percent, but not justifying gold at five thousand.
- 57:09Speaker 1: Gold at five thousand is suggesting inflation at double digits.
- 57:18Speaker 1: But the fact is that Joel Powell does not directly
- 57:28Speaker 1: affect long term interestates. He can affect short term interestrates,
- 57:36Speaker 1: but he typically the Federal Reserve. It's very rare that
- 57:39Speaker 1: the Federal Reserves tries to influence long term rates other
- 57:43Speaker 1: than by lowering the short term but he's lowered short
- 57:46Speaker 1: term rates, and long term rates has not gone down
- 57:48Speaker 1: as much as a people expected because inflation is still
- 57:53Speaker 1: at a well expected inflation is still around three percent.
- 57:58Speaker 1: So I don't know what's going on. I admit it.
- 58:00Speaker 1: I just don't know. You know. Again, central banks are buying,
- 58:07Speaker 1: there's no question. Uh but and and it's hard to
- 58:12Speaker 1: tell what's happening with US debt. I mean, some of
- 58:16Speaker 1: ports say Chinese selling, but Belgium is buying. And the
- 58:22Speaker 1: funny thing is that Belgium why does Why is Belgium
- 58:27Speaker 1: big in the US government bond market because that's where
- 58:32Speaker 1: the Chinese hold the custodial accounts. So the Belgium buying
- 58:37Speaker 1: is really Chinese buying. So on net, it appears that
- 58:41Speaker 1: Chinese are not dumping US bonds. So camp Harpers, a
- 58:57Speaker 1: friend Hoppers says he knows what's going on. I wonder
- 59:00Speaker 1: if he's gonna tell us the European Central Bank. It's
- 59:06Speaker 1: not the European central Bank. These are the custodial accounts.
- 59:09Speaker 1: If the Upean Central Bank buys, then it buys it
- 59:12Speaker 1: as a European central bank, not as Belgium. Not as
- 59:15Speaker 1: Belgian accounts. The UK as of November is increasing its
- 59:21Speaker 1: US holdings. Anyway, I don't know what's happening. Somebody says
- 59:29Speaker 1: Peter Schiff was right again. Yeah, I mean in the
- 59:32Speaker 1: last twenty years he's been right. He's predicted this twenty
- 59:37Speaker 1: times and been right twice. It's going to be interesting.
- 59:49Speaker 1: Gold as in terms of world reserve is increasing. Maybe
- 59:53Speaker 1: they'll increase small dramatically more and that'll drive prices up.
- 59:59Speaker 1: But maybe it's being priced as money, but it's it's
- 1:00:07Speaker 1: not being price based on inflation. Put it that way.
- 1:00:10Speaker 1: There's no relationship between the price and gold and what
- 1:00:13Speaker 1: gold can buy right now and inflation and what you
- 1:00:17Speaker 1: can buy in dollars. That relationship is gone, particularly at
- 1:00:23Speaker 1: five thousand. It was already gone at three thousand, but
- 1:00:26Speaker 1: it's gone in five thousand. So gold is not a
- 1:00:28Speaker 1: measure in inflation. Gold is a measure of speculation in gold.
- 1:00:37Speaker 1: All right, it's gonna be interesting. I know what I
- 1:00:51Speaker 1: what I fear? Are you just gonna say this because
- 1:00:53Speaker 1: I fear it. What I fear is this is something
- 1:00:57Speaker 1: has to give. Gold is high end. This stockqonket decide
- 1:01:01Speaker 1: that doesn't make any sense. It could very well be
- 1:01:05Speaker 1: the both gold and the stock quonket decline and significantly.
- 1:01:10Speaker 1: It could very well be that the stock wonket decline
- 1:01:14Speaker 1: and gold doesn't.
- 1:01:15Speaker 2: It could be that interest rates go up more. This
- 1:01:18Speaker 2: could be this imbalance.
- 1:01:20Speaker 1: This weird pricing often happens when markets are kind of
- 1:01:26Speaker 1: out of sync and.
- 1:01:28Speaker 2: The correction is ugly.
- 1:01:31Speaker 1: The correction is ugly, and I fear that we're heading
- 1:01:35Speaker 1: into a period where we might be seeing a correction
- 1:01:42Speaker 1: which means stocks down, your investments down, and maybe interest
- 1:01:48Speaker 1: rates even going up.
- 1:01:50Speaker 2: It's not just inflation. I mean, do the math.
- 1:01:55Speaker 1: Take gold, was it when it was three thousand two
- 1:02:01Speaker 1: years ago? It was a three thousand, it's not five thousand,
- 1:02:04Speaker 1: which means it's gone up more than fifty percent. Has
- 1:02:08Speaker 1: the purchasing power of your dollar gone down more than
- 1:02:11Speaker 1: fifty percent in the last two years, And the answer
- 1:02:15Speaker 1: to that is obviously not by a little bit less
- 1:02:21Speaker 1: with my dollars would basically the same. So it's not inflation.
- 1:02:34Speaker 1: And you could say it's predicting inflation, but yeah, but
- 1:02:36Speaker 1: then it's predicting then it's predicting hyper inflation, not past inflation,
- 1:02:42Speaker 1: hype inflation in the future. And it's the only market
- 1:02:45Speaker 1: predicting hyper inflation. Why would one market predict hype inflation
- 1:02:48Speaker 1: and no other market predict hyper inflation. Why would one
- 1:02:54Speaker 1: market be irrational and the other one be completely irrational?
- 1:02:58Speaker 1: All other markets, not just one, All of the markets
- 1:03:00Speaker 1: we completely vision. Why if the information about upcoming hyper
- 1:03:05Speaker 1: inflation is out there enough for the bond market to
- 1:03:07Speaker 1: see it, why doesn't the stock market and the bond
- 1:03:10Speaker 1: market see it.
- 1:03:11Speaker 2: Why does only the gold market see it?
- 1:03:14Speaker 1: But I'm curious if you really think, if anybody out
- 1:03:17Speaker 1: there really thinks that the purchasing power of the dollar
- 1:03:20Speaker 1: over the last two years has gone down by more
- 1:03:21Speaker 1: than fifty percent. So, yeah, if I had gold, I mean,
- 1:03:37Speaker 1: I have some gold, but this is not gold for investment.
- 1:03:39Speaker 1: If I had gold for investment, I'd be selling. I'd
- 1:03:43Speaker 1: be selling. My goal is not for investment. My goal
- 1:03:46Speaker 1: is in coins, and it's therefore, you know, end of
- 1:03:50Speaker 1: the world kind of stuff and that you'd never sell.
- 1:03:53Speaker 1: But okay, so she's just saying it's true inflation, right's
- 1:03:58Speaker 1: catching up to true inflation? All right, let's do this exercise.
- 1:04:04Speaker 1: Take the purchase above of the dollar in nineteen seventy one,
- 1:04:06Speaker 1: was gold this thirty five and today at five thousand
- 1:04:15Speaker 1: and do you think we're that the purchas involve of
- 1:04:19Speaker 1: the dollar is that much smaller than it was in
- 1:04:23Speaker 1: nineteen seventy one, with all the inflation has happened since then.
- 1:04:29Speaker 1: A new car costs about the same today as it
- 1:04:32Speaker 1: did two years ago, and it doesn't cost thirty five
- 1:04:37Speaker 1: to It doesn't cost one hundred times more in dollar
- 1:04:42Speaker 1: terms than it did in nineteen seventy one, and the
- 1:04:47Speaker 1: cause are much much better. So a car today doesn't
- 1:04:51Speaker 1: cost one hundred and forty two times more than it
- 1:04:54Speaker 1: did in nineteen seventy.
- 1:04:55Speaker 2: One or seventy two, whenever it was right.
- 1:04:58Speaker 1: Housing is the same way it It isn't up one
- 1:05:00Speaker 1: hundred and forty two times what it was back then.
- 1:05:03Speaker 1: It's just not so you guys can pretend, but you
- 1:05:07Speaker 1: know this is math. It's not pretend, it's math. They're numbers, right.
- 1:05:12Speaker 1: What is the housing cost? What it can cost in
- 1:05:13Speaker 1: eighteen seventy one? What is the call? What does house
- 1:05:15Speaker 1: it cost? Today? Also you have to take an account
- 1:05:18Speaker 1: the houses a biga and the cause much much nicer.
- 1:05:21Speaker 1: But even putting that aside, the cost today are not
- 1:05:24Speaker 1: one hundred and forty two times more expensive. They're just
- 1:05:26Speaker 1: not So it's not past inflation. It's not catching up
- 1:05:33Speaker 1: to past inflation. And Peter Shift doesn't say that, he's
- 1:05:38Speaker 1: saying inflation is coming now again. Price inflation. We're talking
- 1:05:44Speaker 1: about prices, purchasing power of the dollar put aside. I'm
- 1:05:53Speaker 1: not even taking account of CPI. Forget CPI. CPI is distorted,
- 1:05:57Speaker 1: perverted whatever. Look at actually products. Look at your salary,
- 1:06:03Speaker 1: what you made twenty years ago and what you made today,
- 1:06:05Speaker 1: and look at the price of gold, and you tell
- 1:06:07Speaker 1: me your salary today is worth that much less than
- 1:06:10Speaker 1: what it was twenty years ago. It's just not true.
- 1:06:17Speaker 1: If purchasing power of the dollar means anything, none of
- 1:06:21Speaker 1: that is true. It's geopolitical on Sudainty. But then why
- 1:06:29Speaker 1: did gold go up after Donald Trump with drew stock
- 1:06:33Speaker 1: market responded, bond market responded in a way you predict,
- 1:06:37Speaker 1: given political geopolitical on Suddinty, why didn't the bond gold gold?
- 1:06:42Speaker 1: So my point is there are people out there in
- 1:06:45Speaker 1: financial markets that are behaving in ways that are inconsistent.
- 1:06:56Speaker 1: But I get the price you should be falling. That
- 1:07:00Speaker 1: is not the point that has nothing to do with
- 1:07:03Speaker 1: gold and prices.
- 1:07:05Speaker 2: It has nothing to do with price inflation.
- 1:07:07Speaker 1: Yes, they should be deflation, okay, but that doesn't have
- 1:07:14Speaker 1: anything to do with the price of gold. Oh, it
- 1:07:17Speaker 1: has something to do, but that doesn't compensate for the
- 1:07:19Speaker 1: price of gold at two percent to the CPI to
- 1:07:22Speaker 1: represent the fact that price you should have declined. So
- 1:07:25Speaker 1: instead of eight percent, it's ten percent, you know, instead
- 1:07:28Speaker 1: of eight x, make it ten x, make it fifty x.
- 1:07:32Speaker 1: It's not one hundred and twenty one hundred and forty
- 1:07:33Speaker 1: two x. It just the numbers do not play out.
- 1:07:43Speaker 1: They don't add up. They don't make sense. Something is
- 1:07:48Speaker 1: screwing in a marketplace, and when something is screwing in
- 1:07:53Speaker 1: a marketplace, it corrects, and often it corrects.
- 1:07:57Speaker 2: In pretty ugly fashion.
- 1:08:02Speaker 1: Coming books are forty times higher, okay, not one hundred
- 1:08:05Speaker 1: and forty two. Televisions, well, televisions, and he put aside
- 1:08:12Speaker 1: quality probably flat. Yeah, he answers why did gold go
- 1:08:25Speaker 1: from three hundred in two thousand to fifteen hundred and
- 1:08:28Speaker 1: twenty twelve? Good question, good question. I mean three hundred
- 1:08:33Speaker 1: I think was too low because it did not reflect
- 1:08:36Speaker 1: the inflation of the seventies to Remember gold went from
- 1:08:39Speaker 1: thirty five to what nine hundred and then went down
- 1:08:43Speaker 1: to three hundred. Did any of that? Now, when it
- 1:08:48Speaker 1: went up to nine hundred, it wasn't reflecting inflation, it
- 1:08:52Speaker 1: was expected inflation, and then when that inflation didn't happen,
- 1:08:58Speaker 1: it went down to three hundred. So remember gold has
- 1:09:00Speaker 1: gone from nine hundred to three hundred. It's happened in
- 1:09:03Speaker 1: the past. It's happened in the past. So could gold
- 1:09:12Speaker 1: go from five thousand to two thousand? Sure happened in
- 1:09:16Speaker 1: the past this precedent. So anyway, there's maybe it won't
- 1:09:27Speaker 1: happen because it's central banks buying and they're unlikely to
- 1:09:30Speaker 1: sell very quickly, and if they do sell, they might
- 1:09:33Speaker 1: sell slowly. But who knows, who knows? How would it happen?
- 1:09:41Speaker 1: What prices going down? That has a you know, that
- 1:09:46Speaker 1: increases the purchase above dollars at least when it comes
- 1:09:48Speaker 1: to certain products. Right. But anyway, if you believe it's
- 1:09:54Speaker 1: going up to eight thousand, all the power to you
- 1:09:56Speaker 1: buy lots of gold.
- 1:09:57Speaker 2: I you know what am I going to say?
- 1:09:59Speaker 1: Anywaylet's talk about Intel. Intel stock is down fifteen percent. Uh.
- 1:10:08Speaker 1: Intel is the company that Donald Trump got the US
- 1:10:13Speaker 1: government take a ten percent interest in It's the company
- 1:10:16Speaker 1: that Joe Biden gave eleven billion dollar dollars to. It's
- 1:10:22Speaker 1: a company that's been basically flirting with coneyism since let's
- 1:10:29Speaker 1: say the mid nineteen eighties, maybe early nineteen eighties, company running,
- 1:10:37Speaker 1: running to government for bailouts, and it stock goes down
- 1:10:49Speaker 1: today fifteen percent. People are pessimistic about it. You know,
- 1:10:55Speaker 1: I really believe that if Trumpet stayed out of it,
- 1:10:58Speaker 1: Biden had stayed out of it, then Intel might have
- 1:11:03Speaker 1: gone bankrupt, which would probably be really good for Intel
- 1:11:07Speaker 1: and for chip makers in the United States. AM is
- 1:11:12Speaker 1: much better run, much more effective. Intel has a business
- 1:11:18Speaker 1: model that probably cannot survive.
- 1:11:21Speaker 2: It needs to be broken up. It needs to be
- 1:11:23Speaker 2: split up.
- 1:11:24Speaker 1: Its assets that need to be sold, if you will,
- 1:11:26Speaker 1: to people who can better utilize them, do a better job. Cronyism,
- 1:11:34Speaker 1: whether Biden Flavor or Trump flavor, is just throwing our money,
- 1:11:43Speaker 1: taxpayer money after bad management. Let the market work. If
- 1:11:50Speaker 1: Intel can't make money, if Intel is not a productive
- 1:11:54Speaker 1: country company, then it should go bankrupt. It's not like
- 1:12:01Speaker 1: if it goes bankrupt and disappears in a restructure. The
- 1:12:05Speaker 1: assets won't go anywhere. Their valuable assets will be redeployed.
- 1:12:12Speaker 1: But just if the government would just stay out of it,
- 1:12:17Speaker 1: our economy, including our national security, would be so much better,
- 1:12:22Speaker 1: so much healthier. All right, quickly, I'm want to give
- 1:12:29Speaker 1: you some good news, good news to summer. You don't
- 1:12:33Speaker 1: want to hear what that? Do you remember? During COVID
- 1:12:43Speaker 1: motivates went through the roof. I mean, they didn't go
- 1:12:47Speaker 1: anywhere close to what they were in the nineteen nineties
- 1:12:50Speaker 1: or early nineteen nineties. During the nineteen eighties, it looks
- 1:12:54Speaker 1: like motivates pour one hundred thousand people in the United States,
- 1:12:58Speaker 1: peaked in nineteen eighty, terrible in nineteen seventies, terrible in
- 1:13:02Speaker 1: the early nineteen nineties, and since then they've collapsed. And
- 1:13:08Speaker 1: then they spiked kind of starting with studying in twenty
- 1:13:16Speaker 1: sixteen seventeen, and then spiked in twenty twenty, twenty one,
- 1:13:20Speaker 1: twenty two, and then since twenty twenty two. Since twenty
- 1:13:24Speaker 1: twenty two, motivates have gone back to the previous trend.
- 1:13:28Speaker 1: They are plummeted. Indeed, the projection for twenty twenty five,
- 1:13:34Speaker 1: the projection for twenty twenty five, I don't know if
- 1:13:37Speaker 1: you can believe this. But these are the numbers, you know,
- 1:13:40Speaker 1: I like numbers. The projective of twenty twenty five is
- 1:13:44Speaker 1: that it will be the year with the least number
- 1:13:50Speaker 1: of homicides per one hundred thousand per capita in the
- 1:13:55Speaker 1: history of the United States, or at least since they've
- 1:13:58Speaker 1: been measuring this kind of stuff. I don't know about
- 1:14:01Speaker 1: nineteen hundred. So we're now at four four hundred thousand.
- 1:14:07Speaker 1: Now that's still significant higher than Europe, but that's the
- 1:14:10Speaker 1: lowest that's ever been. The other lowest four point five
- 1:14:13Speaker 1: and fifty eight. Nineteen fifty eight was four point five.
- 1:14:16Speaker 1: See see we are resurrecting in nineteen fifties after all.
- 1:14:21Speaker 1: Now nobody really knows why this is. Maybe because we're
- 1:14:24Speaker 1: having fewer babies and the fewer young people, and young
- 1:14:27Speaker 1: people are the ones who commit murders. I read an
- 1:14:30Speaker 1: interesting theory that I think would resonate with some of you,
- 1:14:36Speaker 1: and that is that it's not a violent crime is declining.
- 1:14:42Speaker 1: It's that our emergency rooms are getting so good at
- 1:14:45Speaker 1: preventing death. So whereas thirty forty years ago people who
- 1:14:51Speaker 1: got a gunshot who died, today somebody gets a gunshot
- 1:14:55Speaker 1: Wood because of medical technology survives. I'm sure that's part
- 1:15:00Speaker 1: of it. Can't explain all of it, can't explain all
- 1:15:04Speaker 1: of it. And if you look at other measures a
- 1:15:08Speaker 1: violent crime that are easy to track, they're all down
- 1:15:11Speaker 1: as well. And so nobody really, nobody really knows. And
- 1:15:19Speaker 1: this is this didn't start with Trump, so it's not
- 1:15:21Speaker 1: like twenty twenty five. It happened, and it started in
- 1:15:24Speaker 1: twenty twenty three, twenty twenty four, and twenty twenty five.
- 1:15:27Speaker 1: Every single year one of those years we saw significant
- 1:15:30Speaker 1: dramatic declines. And it's happening in cities like Baltimore, which
- 1:15:36Speaker 1: has gone from fifty nine one hundred thousand to twenty four.
- 1:15:41Speaker 1: You know, it's happening in Detroit. There are a few
- 1:15:46Speaker 1: places where it's going up, like in Milwaukee. The few
- 1:15:53Speaker 1: places where it's gone down only a little bit, like
- 1:15:56Speaker 1: New York City. But New York City's at fifteen, which
- 1:15:58Speaker 1: is one of the safest city in the country. Oh sorry, no,
- 1:16:01Speaker 1: New York is at four. I was reading Chicago. Chicago's
- 1:16:05Speaker 1: five times more deadly than New York antels of the capita.
- 1:16:09Speaker 1: New York is like one of the safest places in
- 1:16:12Speaker 1: the United States and internationally, it's comparable to many cities internationally.
- 1:16:18Speaker 1: It's three one hundred thousand, way below the US average
- 1:16:22Speaker 1: A four. Dallas is down, Little Rock is up, Milwaukee's up,
- 1:16:33Speaker 1: but pretty much everywhere else is down and down significantly.
- 1:16:41Speaker 1: Austin minneapolisa down before I showed up. So you know,
- 1:16:48Speaker 1: this is good news. It's hard to explain it. It's
- 1:16:54Speaker 1: hard to explain it, and people have all kinds of
- 1:16:58Speaker 1: theories about it, but I thought it would be good
- 1:17:01Speaker 1: just to let you know that in spite of the
- 1:17:04Speaker 1: in spite of all the pessimism out there, in spite
- 1:17:06Speaker 1: of we're convinced that there's you know, Trump keeps telling
- 1:17:11Speaker 1: us that things are just horriable and awful and murder
- 1:17:14Speaker 1: in the streets, and if he doesn't send in the
- 1:17:17Speaker 1: national Guard, you know, nothing is happening. The reality is
- 1:17:21Speaker 1: that murder plummeted twenty percent last year.
- 1:17:25Speaker 2: And that's the third year in the row it plummeted.
- 1:17:28Speaker 1: So yeah, along with homicides which dropped twenty one percent
- 1:17:35Speaker 1: from last year, kajackings declined sixty one percent since twenty
- 1:17:39Speaker 1: twenty three. Shoplifting is down ten percent. Now, maybe that's
- 1:17:43Speaker 1: because a bunch of stuff is behind lock and key.
- 1:17:47Speaker 1: Overall crime rates decline of violent crime or at or
- 1:17:51Speaker 1: below level seen in twenty nineteen.
- 1:17:58Speaker 2: Yeah, that's all good news.
- 1:18:01Speaker 1: Now. Granted, crime broadly is difficult to measure because it
- 1:18:07Speaker 1: depends on reporting. I mean, mode is not difficult to
- 1:18:09Speaker 1: measure because you have a body, but general crime is
- 1:18:12Speaker 1: difficult to measure. All right, that is the news for Friday,
- 1:18:19Speaker 1: January twenty third. Thank you guys for joining. We are,
- 1:18:25Speaker 1: like the last few days, kind of chugging along here
- 1:18:30Speaker 1: with the super chats. But it would be nice if
- 1:18:33Speaker 1: you guys came in with a little bit of.
- 1:18:35Speaker 2: Support trade value for value.
- 1:18:39Speaker 1: We're at one our goal, but we're well into the
- 1:18:42Speaker 1: second hour, so it'd be nice to get into the
- 1:18:44Speaker 1: second our goal. Stickers particularly would be incredibly incredibly valued.
- 1:18:50Speaker 1: A friend of Aristotle, thank you for the sticker. Roland,
- 1:18:53Speaker 1: thank you. Let's see.
- 1:18:58Speaker 2: Enrick, Thank you?
- 1:19:00Speaker 1: What other stickers do we have? Greg? Thank you? And
- 1:19:09Speaker 1: sit and CP Milkan and Eric thank you guys. All right,
- 1:19:15Speaker 1: thanks to all the stick of people. And I'll remind
- 1:19:18Speaker 1: you at Imran Institute is holding a confertant proto in April.
- 1:19:23Speaker 1: You can get a ten percent discount for being a
- 1:19:25Speaker 1: listener of the your one book show.
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- 1:19:51Speaker 1: world Defenders of Capitalism dot com. Check out the website
- 1:19:58Speaker 1: proper Model Intellectual, economic, social, political defense of Capitalism. Michael
- 1:20:06Speaker 1: Williams fan colleague.
- 1:20:09Speaker 2: I work on it. We do programs of the leadership
- 1:20:11Speaker 2: of the Rockies.
- 1:20:13Speaker 1: Maybe programs beyond that, but right now, leadship program of
- 1:20:16Speaker 1: the Rockies and a real defense of capitalism the way
- 1:20:19Speaker 1: capitalism should be defended. All right, remind you to Patreon
- 1:20:25Speaker 1: support to show on a Monty basis, to patreon What
- 1:20:27Speaker 1: else I want to remind you of. Yeah, let's jump
- 1:20:36Speaker 1: in here with the questions, not do you have any algorithm?
- 1:20:40Speaker 1: What Communism and notaxism more oriented towards the destruction of
- 1:20:43Speaker 1: people of ability, while modern statism is worll concerned with
- 1:20:47Speaker 1: leading leaching off people of ability. Well, no, I think
- 1:20:53Speaker 1: they all wanted to leach off people of ability. Now,
- 1:20:56Speaker 1: Communism because of its egalitarian nature. Central galitarian nature was
- 1:21:01Speaker 1: certainly more destructive of the people at the top. Their
- 1:21:06Speaker 1: businesses were taken from them, they were imprisoned, they were
- 1:21:08Speaker 1: often killed. So the rich denounced. But Nazism was quite
- 1:21:12Speaker 1: the opposite, and certainly fascism. They wanted the industrialists to
- 1:21:16Speaker 1: keep on doing, They wanted the scientists to keep on working. Indeed,
- 1:21:20Speaker 1: the communists did too. The Communists kept the people of
- 1:21:22Speaker 1: ability who want in the economy, it's why they did
- 1:21:29Speaker 1: so poorly. But the Nazis kept them on. They just
- 1:21:32Speaker 1: kept them on under a thumb. And I think the
- 1:21:34Speaker 1: same is true of modern statism. That's why modern statism
- 1:21:39Speaker 1: is more more similar to fascism, and it's a communism.
- 1:21:46Speaker 1: Regulate them, control them, but keep them producing. You want
- 1:21:49Speaker 1: the golden golden goose to continue laying the golden eggs
- 1:21:54Speaker 1: Harper Campbell. Since mixed economies are saturated with evil ideas
- 1:21:59Speaker 1: assorted with the good, people don't have a strong sense
- 1:22:05Speaker 1: of what right and wrong are, so it is relatively
- 1:22:08Speaker 1: easy for us to lurch in evil directions for periods
- 1:22:11Speaker 1: of time. Yeah, I think that that is right. But
- 1:22:18Speaker 1: the evil directions get more extreme because the forces opposing
- 1:22:25Speaker 1: them get weaker because whatever has left the people's ability
- 1:22:29Speaker 1: to tell good from right from wrong gets eroded every
- 1:22:34Speaker 1: time it's challenged, and every time, the more he voted
- 1:22:39Speaker 1: it is, the more you can lurch in those crazy directions.
- 1:22:45Speaker 1: But basically, yes, that's the essence of a mixed economy.
- 1:22:49Speaker 1: And it's not just the mixed economy economics. It's mis
- 1:22:51Speaker 1: economy in it's a mixture of philosophies, of ideas of
- 1:22:56Speaker 1: this worldly and otherworldly, of self interest in altruism, it's
- 1:23:02Speaker 1: a mixture of everything.
- 1:23:04Speaker 2: Everything is mixed today.
- 1:23:07Speaker 1: Jimmy sent you some moderates obviously evade the threat of
- 1:23:11Speaker 1: Islamic fundamentalism, culta, etc. How do you recommend communicating with them?
- 1:23:16Speaker 1: How do you appeal to them before they write you
- 1:23:19Speaker 1: off as a crazy Well, I mean, you just have
- 1:23:25Speaker 1: to make the case in a rational, systematic, thoughtful, concretized way.
- 1:23:34Speaker 1: You have to talk about the fact that the terrorist
- 1:23:36Speaker 1: attacks of the last forty years are being dominated by Islamists,
- 1:23:42Speaker 1: by people who hold a particular ideology around Islam. And
- 1:23:44Speaker 1: you need to be careful not to condemn Islam as
- 1:23:47Speaker 1: a whole, at least not at this point, but just
- 1:23:50Speaker 1: to condemn a certain interpretation of Islam and be clear
- 1:23:53Speaker 1: that that's what you're really going after, and that should
- 1:23:56Speaker 1: be their primary concern, that this Islamist interpretation of Islam.
- 1:24:00Speaker 1: Of Islam is unbelievably destructive, has led to all these
- 1:24:06Speaker 1: terrorist attacks, death, and is authoritarian by its very nature.
- 1:24:10Speaker 1: Just look at all the countries that are ruled by it.
- 1:24:15Speaker 1: And it doesn't produce anything. Again, look at the Middle East,
- 1:24:18Speaker 1: doesn't produce anything. They leach off of oil, but that's
- 1:24:21Speaker 1: about it. There would be nothing without the oil. And
- 1:24:30Speaker 1: you can emphasize that this has nothing to do with ethnicity,
- 1:24:35Speaker 1: It doesn't even have to do necessarily with the religion,
- 1:24:39Speaker 1: but a particular interpretation and use of that religion. But
- 1:24:43Speaker 1: that interpretation and use is widespread and deadly. And look
- 1:24:49Speaker 1: what it's doing, and show them point nine to eleven
- 1:24:54Speaker 1: onwards and before no God works in mysterious ways. Ices
- 1:25:05Speaker 1: rhymes with Isis and both on the same mission. Well
- 1:25:12Speaker 1: in the sense of undermining America. Yes, I'm sure Isis
- 1:25:16Speaker 1: supports ICE's goals because it undermines the very fabric of
- 1:25:22Speaker 1: what makes America great.
- 1:25:24Speaker 2: Putin I'm sure loves Ice.
- 1:25:29Speaker 1: Shaw'sbut the South side of Chicago is the baddest part
- 1:25:32Speaker 1: of town. And if you go down there, you'd best
- 1:25:36Speaker 1: beware of a man named Leroy Brown. That is from
- 1:25:40Speaker 1: a song by Jim Coachi. Yeah, I like that song.
- 1:25:44Speaker 1: I like that song a lot. I like Jim Coachy's songs.
- 1:25:48Speaker 1: Is it Jim Coachy? Am I right? Or is it bad? Bad?
- 1:25:54Speaker 1: Leroy Brown meanest man in the whole damn town. Mean
- 1:25:58Speaker 1: of an oak king Kong, Meaner than a junkyard dog.
- 1:26:03Speaker 1: See I remember something. It's weird what you remember and
- 1:26:06Speaker 1: what you don't remember. It really is weird, all right.
- 1:26:12Speaker 1: Paul Trump's fawn policies stem seemed to be consistently bypassing
- 1:26:17Speaker 1: the UN. He seems like he wants to get rid
- 1:26:19Speaker 1: of it, even though I have not heard him say
- 1:26:22Speaker 1: anything about it. What do you think? Yeah, I think
- 1:26:25Speaker 1: he does. I mean part of his might makes right,
- 1:26:29Speaker 1: leads him in the right direction. Wrongly but with God
- 1:26:37Speaker 1: to the United Nations? Yeah, because uh, the u N
- 1:26:42Speaker 1: is uh. The u N is an authority above him,
- 1:26:56Speaker 1: or assumes an authority above him. Uh. Trump Trump dismisses it.
- 1:27:03Speaker 1: He doesn't want anybody telling him what to do. He
- 1:27:05Speaker 1: doesn't want to take things to vote. This is why
- 1:27:07Speaker 1: it is thing of peace. Vote a piece. He has
- 1:27:11Speaker 1: veto power, so his instincts emotions around the UN are
- 1:27:18Speaker 1: right for all the wrong reasons, but they're right.
- 1:27:23Speaker 2: The UN should be Pope passed.
- 1:27:24Speaker 1: I wish he would just do it, you know, if
- 1:27:27Speaker 1: you got the goes out of We just got out
- 1:27:29Speaker 1: of the World Health Organization, which is questionable, but.
- 1:27:35Speaker 2: You know we were getting out of.
- 1:27:39Speaker 1: Getting out of the u N would be good nature.
- 1:27:46Speaker 1: Have a jaghithm. Americans seem more excited for our national
- 1:27:49Speaker 1: socialist future than Europeans are.
- 1:27:53Speaker 2: Yes, I think that's right, partially.
- 1:27:56Speaker 1: Because America, as I've often said, and I think Man said,
- 1:28:02Speaker 1: America is not a leftist country. The mentality of Americans
- 1:28:07Speaker 1: is anti left, and I think they're much more susceptible
- 1:28:11Speaker 1: to the right, whereas Europeans are susceptible. You know, communism
- 1:28:17Speaker 1: was very popular in Europe for a very long time.
- 1:28:19Speaker 2: Communist parties did very well in European.
- 1:28:23Speaker 1: Countries for a long time, which would have never happened
- 1:28:26Speaker 1: in America. James, does Donald Trump have an inferiority complex?
- 1:28:34Speaker 1: Is there such a thing as narcissism without an inferiority complex, yes,
- 1:28:38Speaker 1: and probably not. I'm not a psychologist. I don't know,
- 1:28:41Speaker 1: but I think he has an inferiority complex. And I
- 1:28:44Speaker 1: can't imagine being a narcissist without one at some level.
- 1:28:50Speaker 1: But again we'd have to ask a psychologist, and I
- 1:28:52Speaker 1: am not a psychologist. I like numbers. How no checks
- 1:28:59Speaker 1: and bounces of Congress voted for ICE because Congress didn't
- 1:29:05Speaker 1: vote for checks and balances within ICE. Congress didn't create
- 1:29:09Speaker 1: checks and balances within ICE. Congress has defaulted on its
- 1:29:13Speaker 1: responsibilities to hold the executive in check, and of course
- 1:29:23Speaker 1: Congress refuses to. And this is not just true of ICE.
- 1:29:27Speaker 1: This is true of many of the regulatory agencies and
- 1:29:31Speaker 1: the courts. The supreame courts seems to be rolling back
- 1:29:35Speaker 1: many of the authority that the regulatory agencies have taken
- 1:29:39Speaker 1: upon themselves to be police, a judge, and jury, and
- 1:29:46Speaker 1: the stream court seems to be rolling back some of
- 1:29:49Speaker 1: those authorities, authorities that not only Congress voted on, but
- 1:29:53Speaker 1: Congress doesn't have the authority to do that. Congress should
- 1:29:59Speaker 1: supply each one of these agencies when it creates an
- 1:30:03Speaker 1: agency with the same kind of chicks and balances that
- 1:30:07Speaker 1: the system has as a whole. You can't create entities
- 1:30:11Speaker 1: that work outside of the system. The system has a
- 1:30:15Speaker 1: nature and you can't undermine that nature. It's not a
- 1:30:21Speaker 1: legitimate undermining that nature. Even if you go through the
- 1:30:23Speaker 1: right process, you know that the nature dictates blue soil.
- 1:30:38Speaker 1: Hello you on you're a traveled man. We're thinking of
- 1:30:41Speaker 1: traveling to Cape Town, South Africa. Ever being thoughts love
- 1:30:44Speaker 1: the shows always. Yeah, Cape Town is one of the
- 1:30:47Speaker 1: most beautiful cities in the world. It is gorgeous there.
- 1:30:52Speaker 1: You know, it has beaches, it has table mountain in
- 1:30:55Speaker 1: the background, it has gorgeous coastline. If you travel to
- 1:30:59Speaker 1: the very south tip of of like the extension of
- 1:31:04Speaker 1: Cape Town, there is a wonderful like animal. You know,
- 1:31:09Speaker 1: you can see amazing animals there. The monkey climbed into
- 1:31:12Speaker 1: my car and try to take my car away down there.
- 1:31:16Speaker 1: I mean a Cape Town at least twice. It's a
- 1:31:20Speaker 1: It's a beautiful place. The caveat is the Cape Town
- 1:31:24Speaker 1: is today one of the most violent places in the world. Now,
- 1:31:31Speaker 1: if you stay out of some neighborhood, you're probably fine,
- 1:31:35Speaker 1: but you should realize that you're going somewhere where you
- 1:31:40Speaker 1: have to be very careful where you what neighborhood you
- 1:31:42Speaker 1: drive into. And there is a lot of violence now
- 1:31:48Speaker 1: in the tourist areas. It's not violent, you know when
- 1:31:51Speaker 1: I was there, it's a very long time ago. So
- 1:31:55Speaker 1: but look at Cape Town now is a foody place,
- 1:31:58Speaker 1: the great restaurants, the really the beautiful hotels. So you
- 1:32:02Speaker 1: have to weigh that against the fact that it is
- 1:32:06Speaker 1: there is quite a bit of violence. And used the
- 1:32:09Speaker 1: opportunity to drive around some beautiful place to go to wine.
- 1:32:13Speaker 1: There's wine country Stelling Bush, I think it's called. There's
- 1:32:16Speaker 1: wine country close to Cape Town. If you're into wine,
- 1:32:20Speaker 1: but it's pretty even if you're not. Just do it
- 1:32:24Speaker 1: all with a conscious with a conscious effort not to
- 1:32:31Speaker 1: avoid the places that are dangerous. All right, thank you,
- 1:32:39Speaker 1: Blue Soul Huper Campbell is Robert Tasinski thoroughly corrupt.
- 1:32:44Speaker 2: Why do you ask me these questions?
- 1:32:45Speaker 1: Guys? You guys make your decisions about these people. I mean,
- 1:32:49Speaker 1: Tasinsky is pretty good on politics.
- 1:32:52Speaker 2: We basically agree on Trump.
- 1:32:54Speaker 1: We basically agree on Trump, and we agree on a
- 1:32:57Speaker 1: lot of things politically. We didn't agree on Bush. There's
- 1:33:01Speaker 1: a big disagreement between us on Bush and the warning Rock,
- 1:33:06Speaker 1: but we agree in Trump. But I think him going
- 1:33:11Speaker 1: to the Atlas Society is horrible, particularly given that for
- 1:33:16Speaker 1: years and years and years, decades, really he said the
- 1:33:19Speaker 1: right thing about that Alas Society.
- 1:33:20Speaker 2: Even when he was not dealing with the Anorin Institute.
- 1:33:23Speaker 1: He also he distanced hisself with the Atlas Society, knowing
- 1:33:26Speaker 1: that his disagreement with them was more philosophical and fundamental,
- 1:33:30Speaker 1: and he threw that all the way and went and
- 1:33:33Speaker 1: jumped in with them. So while I appreciate his political
- 1:33:38Speaker 1: writing and I agree with much of it, not completely,
- 1:33:40Speaker 1: but much of it, the fact that he's with Atlas
- 1:33:43Speaker 1: Society is very sad, very sad, and aim fifty six
- 1:33:50Speaker 1: people died in a nice custody and Obama. Are you
- 1:33:53Speaker 1: and others colored by the way the media has rile
- 1:33:58Speaker 1: democrats up against Ice. No, I'm wild by the fact,
- 1:34:03Speaker 1: and I don't watch the media. I'm wild by the
- 1:34:06Speaker 1: fact that during Obama, ICE was not masked.
- 1:34:10Speaker 2: During Obama, they did not roam.
- 1:34:14Speaker 1: Suburban America, neighborhoods in suburban America. I condemned ICE during
- 1:34:19Speaker 1: Obama because of the conditions under which they held people
- 1:34:23Speaker 1: in custody, and it was horrible. ICE is an evil organization.
- 1:34:27Speaker 1: It should be dismandled. I said it, then, I said
- 1:34:30Speaker 1: it under Trump, one under Biden. I'll say it again now.
- 1:34:33Speaker 1: I should be disbanded. They should be a border patrol,
- 1:34:38Speaker 1: somebody who secures the border but doesn't leave the border.
- 1:34:43Speaker 1: I resent their traffic stops on the highway between San
- 1:34:47Speaker 1: Diego and LA And I resented that and talked against
- 1:34:52Speaker 1: that for thirty years.
- 1:34:56Speaker 2: So no, no, I'm not.
- 1:34:58Speaker 1: Motivated by Democrat media like some uh buffoon who can't
- 1:35:03Speaker 1: think for himself and and and can't evaluate the sources
- 1:35:07Speaker 1: from which he's reading. I mean, it's really insulting. It
- 1:35:10Speaker 1: is really insulting. But during Obama's time, ICE did not
- 1:35:18Speaker 1: roam the streets of America harassing people. Ice did not
- 1:35:23Speaker 1: roam the streets of America intimidating little kids. Ice did
- 1:35:29Speaker 1: not roam the streets of America just arresting, taking into
- 1:35:34Speaker 1: custody random people who didn't have we legal They went after,
- 1:35:39Speaker 1: They went after criminals good, and they closed the border fairly.
- 1:35:46Speaker 1: You know, they didn't close the border. They arrested people
- 1:35:50Speaker 1: right after they crossed the border, and they returned them.
- 1:35:52Speaker 1: That was most of what ICE did. Ice did not
- 1:35:55Speaker 1: actively engage on a scale anywhere near what they're doing
- 1:35:59Speaker 1: right now in American neighborhoods among Americans. And again, look,
- 1:36:09Speaker 1: anytime I disagree with Trump, I'm influenced by leftist media.
- 1:36:13Speaker 1: You know, you think I'm an idiot. You think I
- 1:36:18Speaker 1: don't know the nature of the media. I've talked about
- 1:36:20Speaker 1: the nature of the media for decades. I've talked against Democrats,
- 1:36:27Speaker 1: I've talked against Republicans. But no, on this issue, I'm
- 1:36:31Speaker 1: just brainwashed by the media.
- 1:36:33Speaker 2: And remember that I'm a pro immigration guy.
- 1:36:37Speaker 1: I hate ICE because I stand for everything that I
- 1:36:40Speaker 1: despise about the xenophobic nature of this country and the
- 1:36:49Speaker 1: zeno formic nature, particularly of the Republican Party. I don't
- 1:36:54Speaker 1: need liberal media to tell me what to think about
- 1:36:57Speaker 1: ICE agents roaming around neighborhoods and deporting hardworking people. I
- 1:37:04Speaker 1: know what my views are, and my views with this way.
- 1:37:07Speaker 1: Before the leftist media became pro immigration, I was poor immigration.
- 1:37:12Speaker 1: Before Democrats were poor immigration.
- 1:37:14Speaker 2: Democrats used to be anti immigration.
- 1:37:21Speaker 1: All right, Sorry, but I don't like these timid insults.
- 1:37:27Speaker 1: You want to insult me, say it explicitly, duncan. I've
- 1:37:34Speaker 1: seen geriatric speech and occupational therapists online, explaining how Trump
- 1:37:41Speaker 1: shows all the science of late stage frontal temporal dementia
- 1:37:47Speaker 1: and probably has two to four months of functioning left.
- 1:37:50Speaker 1: Any thoughts. You know, I am not a doctor, so
- 1:37:55Speaker 1: I have no idea. I suddenly think that he seems
- 1:37:59Speaker 1: the men it much more so. I mean, he was
- 1:38:03Speaker 1: always demented, but much more so than he was in
- 1:38:05Speaker 1: his first term. But already by the end of the
- 1:38:09Speaker 1: first term, his whole stole the election was borderline demented.
- 1:38:14Speaker 2: But he does seem like he can't hold the thought.
- 1:38:17Speaker 1: And I was going to say he gets Greenland mixed
- 1:38:19Speaker 1: up with Iceland, but so do I. Yeah, but do
- 1:38:24Speaker 1: I know that there's a medical diagnosis that it really
- 1:38:28Speaker 1: is dementia? And I mean, I hope that that's the case.
- 1:38:32Speaker 1: And in two four months he's gone, and then we'll
- 1:38:35Speaker 1: have to deal with with JD Vance And okay, you know,
- 1:38:38Speaker 1: we'll deal with JD Evans. At least this nightmare will
- 1:38:41Speaker 1: be over. I'm not saying Jade Evans would be better,
- 1:38:45Speaker 1: but it'll be different. I'll go for different right now, Michael,
- 1:38:52Speaker 1: was I Rand an illegal immigrant? Didn't she forge her paperwork?
- 1:38:56Speaker 1: To get into the United States. Illegal immigrants are some
- 1:38:58Speaker 1: of the most unknown heroes of out I don't know
- 1:39:01Speaker 1: that she was a well, it depends on your definition.
- 1:39:04Speaker 1: She certainly lied on her application, which according to Ice,
- 1:39:09Speaker 1: is reason for instant deportation and maybe even a reason
- 1:39:16Speaker 1: to take away your citizenship. When she filled out her
- 1:39:20Speaker 1: application for visa to come to the United States, she
- 1:39:23Speaker 1: clearly stated she stated that she intended to come back
- 1:39:28Speaker 1: to Russia and that she I think that she was
- 1:39:32Speaker 1: what do you call it, engaged and to somebody and
- 1:39:35Speaker 1: would come back to Russia to get married. And it
- 1:39:38Speaker 1: was clearly a lie, and nobody who knew her thought
- 1:39:42Speaker 1: she would ever come back. So she came into the
- 1:39:47Speaker 1: United States with a visa that had misstatement. Now noe.
- 1:39:52Speaker 1: She came in nineteen twenty six. This is after the
- 1:39:55Speaker 1: nineteen twenty four immigration law. If she'd come in nineteen
- 1:39:58Speaker 1: twenty three, it would have been easy. But in nineteen
- 1:40:01Speaker 1: twenty six she needed a special visa because the borders
- 1:40:06Speaker 1: had been shut by a president who somethink is a
- 1:40:11Speaker 1: hero and I don't Callvin Coolidge, had been shot by
- 1:40:16Speaker 1: Coolidge and the Republicans, who in those days were anti immigration.
- 1:40:21Speaker 1: Democrats are pro those days that were you know, it
- 1:40:24Speaker 1: is flipped, or those days it was the same as
- 1:40:26Speaker 1: today it flipped after that.
- 1:40:29Speaker 2: But yeah, so technically she was illegal.
- 1:40:32Speaker 1: Yes, by Isa's definition, she would have been deported absolutely,
- 1:40:37Speaker 1: And then the only way she stayed in the United
- 1:40:40Speaker 1: States ultimately is she got married. Now she didn't get
- 1:40:44Speaker 1: married doing with the state, but who knows what would
- 1:40:46Speaker 1: have happened if she hadn't gotten married. Ian does economic
- 1:40:55Speaker 1: equilibrium have any meaning with respect to currency exchanges? I
- 1:41:00Speaker 1: mean equilibrium has meaning in a sense of kind of
- 1:41:08Speaker 1: a useful concept in economics, but in a sense of
- 1:41:12Speaker 1: an actual existence. Things are an equilibrium, No, I mean
- 1:41:18Speaker 1: things are always moving. There's always changed changes the constant,
- 1:41:23Speaker 1: this equilibrium is the constant, but it's always moving locally
- 1:41:28Speaker 1: towards an equilibrium, towards something. But as it reaches the
- 1:41:32Speaker 1: new equilibrium, stuff changes and there's a new movement, so
- 1:41:38Speaker 1: it doesn't, So it doesn't. There is no such thing
- 1:41:41Speaker 1: in any kind of market is in phonic exchange is
- 1:41:45Speaker 1: no exception. Liam. It's going to take thousands of quality
- 1:41:51Speaker 1: intellectuals to change the culture. How does a plan to
- 1:41:53Speaker 1: achieve those numbers in fifty to one hundred years doing
- 1:41:59Speaker 1: what we're doing, you know, getting people to read on rand,
- 1:42:02Speaker 1: getting involved in our programs, identifying the people who talent,
- 1:42:06Speaker 1: taking those people talent, putting it into more intense programs,
- 1:42:11Speaker 1: training them to be intellectuals. There's intellectuals then become teachers
- 1:42:14Speaker 1: from you intellectuals, and you get kind of a machine. Now,
- 1:42:19Speaker 1: you know, I don't know if we can scale fast enough.
- 1:42:22Speaker 1: I just don't know. But that's the way you do it.
- 1:42:24Speaker 1: There's just no there's no shortcuts, there's no other way.
- 1:42:29Speaker 2: They need to be trained. And training is a lot
- 1:42:32Speaker 2: of work.
- 1:42:32Speaker 1: And you know, the best trainer was learning to peak
- 1:42:37Speaker 1: off and now the best trainers on cargate and let's
- 1:42:40Speaker 1: hope we have a whole series of trainers behind them to.
- 1:42:44Speaker 2: Keep the training going.
- 1:42:47Speaker 1: Roman is the putting criminals not basically a declaration of
- 1:42:50Speaker 1: bankruptcy of your judicial system, as it is unaable to
- 1:42:54Speaker 1: rehabilitate criminals into society. Why export crime if the judiciary
- 1:42:58Speaker 1: system was profitable, if the judicialism, well, I don't.
- 1:43:02Speaker 2: Think the goal of the judicial judiciary system.
- 1:43:05Speaker 1: Let me make this very clear. I don't believe the
- 1:43:08Speaker 1: role of the judiciary system is to rehabilitate. The role
- 1:43:14Speaker 1: of the judiciary system is to punish. It's to.
- 1:43:21Speaker 2: Is to enforce justice justice, not to rehabilitate.
- 1:43:27Speaker 1: Rehabilitating might be something you add on, it's not the purpose,
- 1:43:30Speaker 1: not the role, not the foundation. And it costs money
- 1:43:35Speaker 1: to keep criminals in jail, So why not deport them
- 1:43:41Speaker 1: if their country is willing to take them. So I
- 1:43:44Speaker 1: get that particularly, you know, we're talking about hard criminals,
- 1:43:47Speaker 1: violent criminals. But rehabilitation is not the goal of the
- 1:43:53Speaker 1: justice system. Shouldn't be the goal of the justice system.
- 1:43:56Speaker 1: Some people cannot be rehabilitated, and there's no reason to
- 1:44:03Speaker 1: spend money on people, and jail system should not be profitable.
- 1:44:07Speaker 1: Judiciary should not be profitable, and there's no reason to
- 1:44:09Speaker 1: spend money on people that came here from another country.
- 1:44:18Speaker 2: It's cheap and easier to depote them.
- 1:44:19Speaker 1: Now, I don't think that's always the case, and I
- 1:44:23Speaker 1: don't know that it's necessary. You could just keep them
- 1:44:26Speaker 1: in jails in America. I'm im partial to some extent,
- 1:44:31Speaker 1: but those are the kind of people I don't mind deporting.
- 1:44:33Speaker 1: I don't care about deporting right blue soil. If reason
- 1:44:43Speaker 1: and competence drive progress, how does objectives and explain US
- 1:44:47Speaker 1: dominance despite a culture often hostile to science and philosophy. Well,
- 1:44:53Speaker 1: because you know, I don't think American culture is hostile
- 1:44:57Speaker 1: to science and philosophy. Well maybe to philosop but not
- 1:45:00Speaker 1: the science and technology, and not to the better ideas
- 1:45:04Speaker 1: coming out of philosophy. That is, I think that for
- 1:45:07Speaker 1: two hundred until very recently, the United States had a
- 1:45:10Speaker 1: very Americans had a very positive view of science. You know,
- 1:45:13Speaker 1: you could see that in the popularity of Cosmos, that
- 1:45:17Speaker 1: TV show with Karsagan in the nineteen eighties and TV
- 1:45:21Speaker 1: shows like that. I mean, Americans always had an immense
- 1:45:24Speaker 1: respect for science and admiration for progress and technology coming
- 1:45:30Speaker 1: out of the enlightenments. They took the best ideas out
- 1:45:33Speaker 1: of the Enlightenment and embedded them in the culture, and
- 1:45:37Speaker 1: they rejected philosophy in the sense that they rejected the
- 1:45:40Speaker 1: counter ideas, the ideas that were against the Enlightenment ideas.
- 1:45:45Speaker 1: But that is eroded and now we have significant numbers
- 1:45:49Speaker 1: of people I think growing since the nineteen seventies.
- 1:45:52Speaker 2: But you see it really during COVID and since COVID,
- 1:45:56Speaker 2: who reject.
- 1:45:57Speaker 1: Science, quass science, geject expertise, expertise, and that is relatively new,
- 1:46:03Speaker 1: and it is a very very dangerous phenomena within America.
- 1:46:07Speaker 1: But America generally as a culture has been a culture
- 1:46:12Speaker 1: that has embraced science and the better elements that came
- 1:46:17Speaker 1: out of the Enlightenment philosophy. That and that are stated
- 1:46:21Speaker 1: in our Declaration and Constitution. Serious, serious, you on? Are
- 1:46:33Speaker 1: you turning into the live event on Netflix of Alex's
- 1:46:38Speaker 1: Homeland climbing type one oh one tower without wopes and gear? No?
- 1:46:45Speaker 1: Absolutely not. It is insane. It is crazy. What for?
- 1:46:55Speaker 1: I'm not interested. I don't care. It's I mean, I
- 1:47:00Speaker 1: guess there's an achievement of strength and focus that is
- 1:47:04Speaker 1: involved in it, and energy. But one little mistake in
- 1:47:08Speaker 1: he's dead. Why would you engage in a sport or
- 1:47:11Speaker 1: an activity where one little mistake, a little mistake, or
- 1:47:16Speaker 1: just a bit of fatigue or muscle twitching. It's just
- 1:47:19Speaker 1: the wrong moment. Why would you put yourself at the
- 1:47:24Speaker 1: risk of death over that? It's and there's no maybe
- 1:47:29Speaker 1: you won't die. Like car racing can be dangerous, but
- 1:47:32Speaker 1: you don't always die. A lot of crashes happen and
- 1:47:34Speaker 1: people don't die here. You die for a sudden there's
- 1:47:37Speaker 1: no if butts, there's no net, there's no ropes, there's nothing.
- 1:47:41Speaker 1: It's insane, so there's no way I watch it. I don't.
- 1:47:46Speaker 1: I don't support it. I don't like it. I find it.
- 1:47:49Speaker 1: I find it horrific. Plus I've got fear of heights,
- 1:47:52Speaker 1: and watching somebody do that, even through a television freaks
- 1:47:55Speaker 1: me out. Can do it? Can do it? It? Just yeah,
- 1:48:04Speaker 1: I mean I can see him when it's rechiing impossible.
- 1:48:06Speaker 1: I know it's a movie, but here he could fall
- 1:48:08Speaker 1: and could die in front of your eyes. For what,
- 1:48:11Speaker 1: what goal is worth it? I don't respect the bravery
- 1:48:17Speaker 1: because the bravy seems to me not valuing your own life.
- 1:48:22Speaker 1: I respect the skill, definitely, in the strength and the
- 1:48:25Speaker 1: stamina and the focus, God, the focus you have to
- 1:48:27Speaker 1: have for that.
- 1:48:29Speaker 2: But I don't respect the bravery because I don't think
- 1:48:31Speaker 2: it's brave.
- 1:48:35Speaker 1: It's crazy. Bravy is overcoming fear, overcoming fear for something
- 1:48:42Speaker 1: for a purpose. Fear is a survival mechanism. It's telling
- 1:48:46Speaker 1: you get away something's wrong, something's bad, something threatening your life.
- 1:48:51Speaker 1: You better have a good reason not to pay attention
- 1:48:53Speaker 1: to fear. Yeah, this is I find it crazy. I can't,
- 1:49:00Speaker 1: couldn't watch it. And look, I don't watch a lot
- 1:49:05Speaker 1: of stuff. I don't watch violence sports. I don't like violence.
- 1:49:08Speaker 1: I don't like boxing, I don't like mma. I don't
- 1:49:11Speaker 1: like any of this stuff. I know the skill levels
- 1:49:14Speaker 1: is amazing, and they're strong and they're incredible and all that,
- 1:49:17Speaker 1: but they're specializing in hurting other people and causing brain
- 1:49:22Speaker 1: damage to their opponent. You know, it just doesn't interest me.
- 1:49:27Speaker 1: All right, Eric says you on defending the First and
- 1:49:29Speaker 1: fourth Amendment is anti American? What the hell? They were
- 1:49:33Speaker 1: passed by so us back never trumpers who wanted to
- 1:49:37Speaker 1: keep us from making America great again? Trump gets that,
- 1:49:40Speaker 1: Why can't you? Because secretly, secretly So supports the show.
- 1:49:49Speaker 1: I mean, so is backed is good? No, no, not good.
- 1:49:56Speaker 1: That's pretty funny. And yes, first Amendment, it's a bunch
- 1:50:02Speaker 1: of leftist I mean, what were the founders they want conservatives?
- 1:50:05Speaker 1: They weren't trying to conserve right anything. What were they
- 1:50:10Speaker 1: trying to conserve? So they weren't conservatives, So they have
- 1:50:17Speaker 1: to be leftists because if you're not conservative, you must
- 1:50:20Speaker 1: be a leftist. So the whole funding project was a
- 1:50:23Speaker 1: leftist project, and their phone must be abandoned. I wish
- 1:50:33Speaker 1: there was some billionaire out there that would fund this show.
- 1:50:36Speaker 1: Wouldn't that be cool? Wouldn't that be cool? It My
- 1:50:41Speaker 1: life was so much easier if there was a billionaiut
- 1:50:47Speaker 1: there who was willing to fund this show for a
- 1:50:51Speaker 1: reasonable amount. You know, we're not talking about unreasonable amounts,
- 1:50:54Speaker 1: just for a reasonable amount. Smooth sailing. But no, that
- 1:51:02Speaker 1: has not happened. That has not happened. I wish, I
- 1:51:06Speaker 1: wish newly, Dan. How are the countries that don't respect
- 1:51:12Speaker 1: individual rights like Russia usually the aggress aggressor well, yeah,
- 1:51:18Speaker 1: you have to read Iinman's the art of uh what
- 1:51:24Speaker 1: is it something? War? What's the title of the essay
- 1:51:29Speaker 1: The roots of war? The roots of war? War is
- 1:51:34Speaker 1: a project of collectivism. Was the inevitable outcome of collectivism
- 1:51:41Speaker 1: and tribalism, and of course A thebtarianism is the ultimate
- 1:51:48Speaker 1: outcome of collectivism. So A Themetarians always go to war,
- 1:51:54Speaker 1: they destroy their own economy, and then they go to water,
- 1:51:57Speaker 1: get more resources, more land, more space is their excuse right,
- 1:52:03Speaker 1: more place for gyms to grow their families, more more,
- 1:52:09Speaker 1: you know, natural resources to plunder to expopiate. It's always
- 1:52:14Speaker 1: the thebitarians who go to war or mystic collectivists, but
- 1:52:20Speaker 1: some form of collectivism is always at the heart of it.
- 1:52:23Speaker 1: In a country like Russia that's very collectivistic and authoritarian
- 1:52:27Speaker 1: and therefore has no aspect to individual rights, of course
- 1:52:30Speaker 1: it goes to war. And this is why, you know,
- 1:52:34Speaker 1: the more collectivistic, the less individual rights pursuing our country is,
- 1:52:44Speaker 1: the more.
- 1:52:45Speaker 2: Likely as we get involved in stupid wars. Was we
- 1:52:48Speaker 2: don't we shouldn't be in, and.
- 1:52:50Speaker 1: The more likely is we go and take Greenland, Greenland,
- 1:52:54Speaker 1: not Iceland Greenland. And Dan says would love to see
- 1:53:01Speaker 1: her on give a speech to Davos. Yeah, in our dreams,
- 1:53:06Speaker 1: in our dreams, I hear they pay well in our dreams.
- 1:53:12Speaker 1: That would be cool. Friend Apa sharing some personal good news.
- 1:53:17Speaker 1: I ordered a copy of Introduction to Objectives to Stomology
- 1:53:20Speaker 1: and it came in last night. I've covered Opah's intro
- 1:53:25Speaker 1: to I T O E many times. Now it's time
- 1:53:28Speaker 1: to level up excellent. I think you'll enjoy it. It's
- 1:53:32Speaker 1: it's it's really it's a it's a it's a really
- 1:53:34Speaker 1: good book. It's really fun, it's really interesting and and true.
- 1:53:39Speaker 1: You know. What she says is often like, yeah, that
- 1:53:43Speaker 1: makes complete sense. How come you're the first one to
- 1:53:46Speaker 1: think of it? And she is the first one to
- 1:53:48Speaker 1: think of these things? And it's amazing. Really, it's a
- 1:53:51Speaker 1: book that really gains gives you an appreciation of her genius.
- 1:53:57Speaker 1: All right, everybody, thank you, I appreciate this. I will
- 1:54:00Speaker 1: see you all tomorrow from am A. The AMA is
- 1:54:04Speaker 1: two pm East Coast time, so join us there then
- 1:54:11Speaker 1: and until then, have a great rest of your Friday
- 1:54:16Speaker 1: beginning of the weekend. If I don't see you on
- 1:54:18Speaker 1: the weekend of a great weekend, I'll see you tomorrow
- 1:54:22Speaker 1: at two pm each coast time for an AMA. Bring
- 1:54:24Speaker 1: lots of questions, super check questions. Bye everybody,