Latest / Yaron Brook Show / Hasan Piker; Starlink/Ukraine; Inflation; Netanyahu; Banking; Achievements | Yaron Brook Show

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Hasan Piker; Starlink/Ukraine; Inflation; Netanyahu; Banking; Achievements | Yaron Brook Show · Yaron Brook Show

• 0:02
  Speaker 1: The radical, fundamental principles of freedom, rational self-interest, and individual rights.
• 0:14
  Speaker 1: This is the Yaron Brook Show. All right, everybody, welcome
• 0:21
  Speaker 1: to Yaron Brook Show on this Wednesday, October 14th. I
• 0:25
  Speaker 1: hope everybody is having a great week. And you're ready
• 0:31
  Speaker 1: for another edition of the Iran Book Show and our
• 0:34
  Speaker 1: news roundup. We will start today with a discussion of
• 0:41
  Speaker 1: Hassan Paika. He's in the news primarily because Jonathan Shate,
• 0:48
  Speaker 1: who is kind of an academic, left-of-center academic, very well-regarded,
• 0:55
  Speaker 1: has just written an article about Hassan Paika, which I
• 1:00
  Speaker 1: think is important. And so, yeah, so it was published
• 1:06
  Speaker 1: two days ago under What Hassan Paika Believes. So we
• 1:10
  Speaker 1: will talk about that. We'll also talk about Starlink in
• 1:13
  Speaker 1: Ukraine and the inflation number that came out today and
• 1:18
  Speaker 1: Netanyahu's court problems now. And just some illustrations of how
• 1:29
  Speaker 1: insane our banking regulations are. And then we'll have some
• 1:34
  Speaker 1: other stories and, of course, some achievement stories. Let me
• 1:38
  Speaker 1: just note, I can't write anything in the chat. YouTube
• 1:42
  Speaker 1: will not allow me to do that. And it's... It's
• 1:52
  Speaker 1: getting very weird. YouTube is misbehaving. I hope this doesn't...
• 1:57
  Speaker 1: The fact that YouTube is misbehaving does not affect the
• 2:01
  Speaker 1: show today. I just don't know what the consequences of
• 2:07
  Speaker 1: YouTube signing me in and signing me out. Every few
• 2:10
  Speaker 1: minutes I'm in and then I'm out and then I'm
• 2:11
  Speaker 1: in and then I'm out. So hard for me to
• 2:15
  Speaker 1: tell what the hell is going on. But... we'll just
• 2:21
  Speaker 1: roll with it and see what happens. Uh, so I
• 2:24
  Speaker 1: won't be, while I can read your chats, I can't
• 2:27
  Speaker 1: write anything into the chat is, uh, is the story
• 2:31
  Speaker 1: right now, although that could change. Uh, yeah, it goes
• 2:35
  Speaker 1: in and out, in and out. All right. Uh, let's see. Well, let's, uh,
• 2:44
  Speaker 1: let's just start as, as I think many of you know,
• 2:47
  Speaker 1: Hasan Paika, uh, is huge. I mean, the guy is huge.
• 2:53
  Speaker 1: And the more outrageous he goes, the bigger he is.
• 2:58
  Speaker 1: Hasan Payka actually, actually broadcasts on Twitch, supposedly seven days
• 3:08
  Speaker 1: a week, eight hours a day. So he sits at
• 3:11
  Speaker 1: this Twitch thing, he's playing his computer games, and he's
• 3:15
  Speaker 1: He's speaking for eight hours. So, wow, kudos for that.
• 3:18
  Speaker 1: That is a lot of content. A lot of content.
• 3:22
  Speaker 1: And millions watch him. Millions. Not thousands, not hundreds, not dozens. Millions.
• 3:34
  Speaker 1: I don't know what to compare it to. He also
• 3:39
  Speaker 1: has over 50,000 paying subscribers. Paying, not just subscribers. paying subscribers,
• 3:48
  Speaker 1: and that means his income is well into the seven figures,
• 3:52
  Speaker 1: well into the seven figures for his speaking, right? So
• 4:06
  Speaker 1: he's an important figure today in the world of young
• 4:11
  Speaker 1: people people's, you know, ideological context, right? He is the
• 4:23
  Speaker 1: biggest thing on the left. He is the biggest thing
• 4:27
  Speaker 1: for young people. And as we'll see, his views are,
• 4:33
  Speaker 1: his views are, I mean, his views, his ideas are
• 4:37
  Speaker 1: just beyond horrific. Now, Jonathan Chait, who writes regularly for
• 4:46
  Speaker 1: The Atlantic magazine, who, as I said, is an academic,
• 4:50
  Speaker 1: leftist center academic, you know, but very well-respected, very highly regarded,
• 4:55
  Speaker 1: and clearly center, right? He's not a crazy leftist. Very,
• 5:00
  Speaker 1: you know, rational when it came to woke and a
• 5:02
  Speaker 1: lot of other things like that. Jonathan Chait invited Hazan
• 5:06
  Speaker 1: Paika to sit for an interview. Now, we'll talk about that.
• 5:09
  Speaker 1: We'll talk about the left's unbelievable tolerance for for Hassan Paika,
• 5:15
  Speaker 1: even when they claim they disagree with his ideas. Paika
• 5:20
  Speaker 1: said yes, then he postponed, and then he canceled. Sachet
• 5:27
  Speaker 1: did what a reporter does when the subject won't show.
• 5:31
  Speaker 1: He read everything the man has said. He went and researched.
• 5:36
  Speaker 1: I guess he watched a bunch of these eight-hour streams.
• 5:40
  Speaker 1: I wonder if I did eight-hour shows today, if I
• 5:43
  Speaker 1: would be rewarded with, um, thousands, you know, hundreds of
• 5:47
  Speaker 1: thousands of millions of views and tens of thousands of subscribers, uh,
• 5:54
  Speaker 1: you know, there's nothing special about Twitch. Twitch is very
• 5:57
  Speaker 1: difficult because every time it, to stream on Twitch and
• 6:02
  Speaker 1: on YouTube at the same time requires a whole setup.
• 6:05
  Speaker 1: Now maybe AI can, can get me set up with that. Uh,
• 6:09
  Speaker 1: we'll have to figure that out. But, um, Well, here's
• 6:14
  Speaker 1: some questions for you guys who are listening right now,
• 6:16
  Speaker 1: particularly for those of you under the age of 25. Now,
• 6:20
  Speaker 1: I know that's a small minority of my listeners, but
• 6:22
  Speaker 1: those of you under the age of 25, here are
• 6:24
  Speaker 1: the two questions. One, if I streamed on Twitch, do
• 6:29
  Speaker 1: you think a lot of people would watch it, or
• 6:30
  Speaker 1: is it just a waste of time? Two, if I
• 6:33
  Speaker 1: streamed for much longer than what I do, would I
• 6:37
  Speaker 1: pick up a lot of viewers and Versus how much
• 6:40
  Speaker 1: I pick up today. Right now, I'm streaming on YouTube,
• 6:45
  Speaker 1: which is the primary thing. Two Facebook pages. On Twitter,
• 6:49
  Speaker 1: I'm streaming right now on Twitter. And on my Patreon page.
• 6:55
  Speaker 1: And on my Patreon page. So all of those have
• 6:58
  Speaker 1: live streams right now. To add Twitch is possible. It
• 7:02
  Speaker 1: would just be, it's just complicated because it would require
• 7:06
  Speaker 1: a streaming key to be answered. every day, a new
• 7:09
  Speaker 1: streaming key to be answered every day before the, before
• 7:12
  Speaker 1: the show, which is like one more, you know, stupid
• 7:15
  Speaker 1: thing I'd have to worry about right now. Don't have
• 7:18
  Speaker 1: to answer any streaming keys, uh, at all. Uh, but, uh, yeah,
• 7:23
  Speaker 1: I'm curious what you guys think of, um, me on
• 7:26
  Speaker 1: Twitch and whether it would have any input to the
• 7:29
  Speaker 1: extent that you can go on X right now. And, uh, and, and, um, and, and, uh,
• 7:36
  Speaker 1: Tell people I'm live and encourage people to come and
• 7:38
  Speaker 1: hear me about Assan Paika. That would be great, particularly
• 7:43
  Speaker 1: given that there is actually a stream on X that
• 7:48
  Speaker 1: you could actually share. All right. Anyway, so Assan Paika
• 7:52
  Speaker 1: doesn't show. Jonathan Shade goes down to research, and this
• 7:57
  Speaker 1: is his verdict that he comes back with. Hassan Paika
• 8:01
  Speaker 1: is right to complain that the handful of frequently repeated
• 8:05
  Speaker 1: controversial statements fail to accurately represent his worldview. In fact,
• 8:14
  Speaker 1: this is Jonathan Chait, not me, it's much worse than
• 8:19
  Speaker 1: those quotes suggest. So here is a member of the
• 8:28
  Speaker 1: center-left saying, Assange Pica is actually worse than some of
• 8:35
  Speaker 1: the really awful quotes that are circulating about him. Now, I,
• 8:42
  Speaker 1: on this show, have talked about Pica three times this year.
• 8:45
  Speaker 1: I talked about him going to Cuba in March. We
• 8:50
  Speaker 1: talked about Vietnamese refugees vis-a-vis Pica in April. And then
• 8:56
  Speaker 1: we talked about his statement about meritocracy being a lie
• 8:59
  Speaker 1: in June. today we're going to do something a little different.
• 9:04
  Speaker 1: I want to agree with Chait about the facts. Yeah,
• 9:09
  Speaker 1: PICA is much worse than the courts suggest. And tell you,
• 9:15
  Speaker 1: and then talk to you about why Chait and the Democrats,
• 9:19
  Speaker 1: and for that matter, most of the right, still can't
• 9:23
  Speaker 1: answer him. Still cannot answer him. Because Pica is much
• 9:31
  Speaker 1: more honest than any of them. And Pica gets socialism
• 9:40
  Speaker 1: right in a way that none of them want to admit.
• 9:47
  Speaker 1: Pica indeed gets right the things they refuse to even
• 9:51
  Speaker 1: say out loud or that they reject and deny and
• 9:55
  Speaker 1: can't see the link to. Now, what I'm not going
• 10:00
  Speaker 1: to talk about, but I will mention because what the hell,
• 10:05
  Speaker 1: is $ 2. 7 million home, which when confronted about that, he said, oh,
• 10:09
  Speaker 1: I have a mortgage. He's making seven figures a year.
• 10:14
  Speaker 1: Why does he need a mortgage for a $ 2. 7 million house?
• 10:17
  Speaker 1: But that doesn't change his perspective. probable net worth, his
• 10:22
  Speaker 1: Cartier glasses, his Mao suit, he wears Mao Zedong suits,
• 10:29
  Speaker 1: on a show by ZIWE, I don't know how to
• 10:33
  Speaker 1: pronounce it. So, Pica is, without any question, a massive,
• 10:39
  Speaker 1: unequivocal hypocrite. And his hypocrisy is real, and it's disgusting,
• 10:46
  Speaker 1: and it should be criticized, and But there's a sense
• 10:49
  Speaker 1: in which it's beside the point. Right? Because his ideas
• 10:55
  Speaker 1: are so awful, add on to it hypocrisy, it doesn't
• 11:00
  Speaker 1: move the dial that much. All right, who is this guy?
• 11:06
  Speaker 1: Hasan Dogan Paika is 35, who was born in New Jersey,
• 11:12
  Speaker 1: raised partly in Turkey, and in Rutgers. He's the nephew
• 11:19
  Speaker 1: of Cenk Uygur. He started on the Young Turks, left
• 11:25
  Speaker 1: for Twitch in 2020. And now, as I said, he's
• 11:30
  Speaker 1: one of the most subscribed channels on the platform. And again,
• 11:34
  Speaker 1: roughly eight hours a day, seven days a week, an
• 11:36
  Speaker 1: audience that is young, young. And like all audiences of ideas,
• 11:43
  Speaker 1: and you guys can figure out why, overwhelmingly male. right?
• 11:48
  Speaker 1: That's true of my audience. That's true of Jordan Peterson's audience.
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  Speaker 1: It's true, I'm sure, of Nick Fuentes. It's true of Tucker.
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  Speaker 1: It's also true of Hasan Paika. So interesting. I wonder
• 12:06
  Speaker 1: where the women, or in the case of young women,
• 12:10
  Speaker 1: the girls, go to get their kind of intellectual content,
• 12:15
  Speaker 1: if at all. Maybe Maybe just Twitter, short on Twitter,
• 12:19
  Speaker 1: but I don't know. As I said, he has over 50,000
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  Speaker 1: paid subscribers. He has millions of followers across Twitch and YouTube.
• 12:29
  Speaker 1: He is a self-described Marxist. The nickname his fans gave
• 12:34
  Speaker 1: him is the Himbo gateway drug to leftist thought. I
• 12:40
  Speaker 1: don't know what Himbo means exactly. His own gloss on it,
• 12:44
  Speaker 1: which he said to NPR is, quote, I'm the gateway
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  Speaker 1: drug to empathy. Empathy. We talked about empathy with Nikos
• 12:52
  Speaker 1: the other day, right? Empathy. Now, he's not just a streamer.
• 13:02
  Speaker 1: He's also become a political surrogate. He's campaigned for Abdul
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  Speaker 1: El-Sayed in Michigan's Senate primary. For Dara Elisia Avila Chevalier
• 13:14
  Speaker 1: and Claire Valdez in New York. For Milat Kuros in Colorado,
• 13:21
  Speaker 1: Donovan McNeely in Michigan. By the way, I think a
• 13:27
  Speaker 1: good criteria for voting, right, generally, I tell you, vote Democrat.
• 13:31
  Speaker 1: Don't vote Republican this cycle. Vote Democrat. The Republicans have
• 13:36
  Speaker 1: to be punished for letting Trump just walk all over them,
• 13:42
  Speaker 1: walk all over the Constitution, really, walk all over this country.
• 13:45
  Speaker 1: But here's the exception. If this guy, if Hassan Paika
• 13:50
  Speaker 1: has actively gone out and, you know, campaigned for a candidate,
• 14:01
  Speaker 1: I'd say you cannot vote for that candidate. Either stay
• 14:04
  Speaker 1: home or vote for the Republican. Hold your nose and
• 14:07
  Speaker 1: vote for the Republican. It's only criteria, right? Only criteria.
• 14:14
  Speaker 1: He sat with AOC and Bernie at the Fight Oligarchy Rally,
• 14:19
  Speaker 1: was at Mamdani's election night party, says he'd absolutely campaign
• 14:24
  Speaker 1: for AOC in 2028. It'll be interesting to see if
• 14:30
  Speaker 1: AOC lets him campaign for her. That would be really
• 14:35
  Speaker 1: interesting if that was true, right? And the Democrats are
• 14:47
  Speaker 1: split about him. Ezra Klein, in April, he said the
• 14:51
  Speaker 1: party is a big enough tent. DNC chairman Ken Martin
• 14:56
  Speaker 1: said his comments are deplorable. Carville called him an idiot.
• 15:01
  Speaker 1: Jack Ochelin-Kloss, whoever the hell that is, said the Democratic
• 15:06
  Speaker 1: Party does not stand for what Hassan Peker stands for.
• 15:11
  Speaker 1: Roe Kahn ditched him. Ron Kahn said They're ditching him
• 15:17
  Speaker 1: with your weakness? Debbie Dingell campaigning for Sayyad? Quote, I
• 15:22
  Speaker 1: am done, so don't any reporter ask me again about
• 15:26
  Speaker 1: Hassan Paika. Whatever that means. On August 20th, on stream,
• 15:34
  Speaker 1: reacting to APAC tracker post about Michigan State Senator Jeremy Moss,
• 15:41
  Speaker 1: Paika said, Paika said, If Jews in America keep putting
• 15:47
  Speaker 1: this idea out there that they are singularly invested in Israel,
• 15:53
  Speaker 1: eventually someone is going to come around and take action,
• 15:58
  Speaker 1: not against the state of Israel, mind you, but against
• 16:00
  Speaker 1: American Jews. Hassan Jeffries of the Democratic Party said that's
• 16:05
  Speaker 1: dangerous and anti-Semitic. Booker, Ossoff, Slotkin, Sherman followed the There
• 16:12
  Speaker 1: you get kind of the divide within the Democratic Party
• 16:14
  Speaker 1: and who you can vote for and who you can't.
• 16:18
  Speaker 1: Al-Sayed says no plans to campaign with him again. CNN
• 16:23
  Speaker 1: last week, Al-Sayed called Pica personally and, quote, warned his
• 16:27
  Speaker 1: rhetoric was costing Al-Sayed votes, asked him to stop. I
• 16:30
  Speaker 1: hope it's costing Al-Sayed votes. That would be good. The right, meanwhile...
• 16:40
  Speaker 1: You know, can't stop. Fox said his name 306 times
• 16:43
  Speaker 1: in a single month this summer. They're obsessed by him.
• 16:48
  Speaker 1: The RNC put a near-naked photo of him on the
• 16:50
  Speaker 1: convention Jumbotron. Hugh Hewitt on air. I can't stop talking
• 16:54
  Speaker 1: about him. A bipartisan House resolution in April condemned him
• 16:59
  Speaker 1: alongside Candace Owen. Interesting. Governor Abbott called his UT Austin appearance, quote,
• 17:07
  Speaker 1: disgusting rhetoric. It drew 3,000 RSVPs and 26,000 live viewers. God,
• 17:14
  Speaker 1: I have to admit, I am so jealous. Not envious, jealous. 3,000 RSVPs.
• 17:25
  Speaker 1: Imagine a world where, and I'm a much better speaker
• 17:28
  Speaker 1: than Hassan Paika. I mean, not even close. Imagine I got,
• 17:34
  Speaker 1: I had an event with 3,000 RSVPs. And 26,000 live viewers.
• 17:38
  Speaker 1: I mean, the world would be on the cusp of change.
• 17:45
  Speaker 1: So I am jealous. No question about that. And look,
• 17:52
  Speaker 1: the GOP is milking his statements for all they have.
• 17:58
  Speaker 1: GOP ads in Michigan, Texas, Florida, all featuring Hassan Paika
• 18:02
  Speaker 1: and trying to link the candidate to him. Easier in Michigan,
• 18:05
  Speaker 1: I think, to do than in Texas. And, you know,
• 18:11
  Speaker 1: how long from the election? Three weeks out, three weeks out.
• 18:18
  Speaker 1: So let's look at some of the stuff that Chait
• 18:21
  Speaker 1: has dug up. Now, remember, Chait's a liberal, an Obama Democrat.
• 18:26
  Speaker 1: He spent 2016 to 2024 arguing with the left from
• 18:30
  Speaker 1: inside the tent. It isn't Fox. You know, he's not
• 18:36
  Speaker 1: dredging up all these quotes because he's Fox. Chait notes
• 18:42
  Speaker 1: Pica has retracted and apologized for two lines. Two lines,
• 18:46
  Speaker 1: he's retracted and apologized. America deserved 9-11 and calling Orthodox
• 18:51
  Speaker 1: Jews inbred. Okay, fine. Let's talk about the things he
• 18:58
  Speaker 1: hasn't apologized for and hasn't retracted, which are significantly greater. God,
• 19:08
  Speaker 1: YouTube is misbehaving. All right, just to remind you, like
• 19:12
  Speaker 1: the show, go to YouTube, let people know I'm doing
• 19:15
  Speaker 1: a show on Hassan Paika. try to drive traffic. This
• 19:19
  Speaker 1: show should have more live views right now than what
• 19:22
  Speaker 1: we have. Okay, so 18 months ago, Democratic Party's supposed
• 19:29
  Speaker 1: Joe Rogan, this is how he's described, right? Democratic Party's
• 19:33
  Speaker 1: Joe Rogan, Democratic Party's hope, right? This is Assange Piker,
• 19:39
  Speaker 1: the Times headline, quote, a progressive mind in a body
• 19:44
  Speaker 1: made for the manosphere. You see that good looking? Vanity Fair,
• 19:53
  Speaker 1: one of the 50 most influential people in America. Again,
• 19:56
  Speaker 1: seven figures a year from his stream. John Leavitt, Pod
• 20:08
  Speaker 1: Save America last month, the piker's face, quote, I am
• 20:12
  Speaker 1: part of a pro-democracy coalition in the fight against fascism.
• 20:16
  Speaker 1: And it includes everyone from former Republicans like Nicole Wallace
• 20:19
  Speaker 1: and Tim Miller. It includes AOC and Bernie. And it
• 20:23
  Speaker 1: includes voices on the left like you. So these are
• 20:30
  Speaker 1: the people who want to get close. Chait's thesis against Lovett, quote,
• 20:36
  Speaker 1: the most important problem with inviting Pica to join the
• 20:40
  Speaker 1: pro-democracy coalition is that by any reasonable definition of the term,
• 20:47
  Speaker 1: he does not believe in democracy. Good for Jonathan Chait.
• 20:54
  Speaker 1: So let's look at Hassan Pica's Marxism-Leninism. He's a Leninist.
• 21:04
  Speaker 1: At a debate this year, Sunpike said, I say we
• 21:07
  Speaker 1: put the power back in the hands of the many
• 21:10
  Speaker 1: rather than power in the hands of the few. If
• 21:14
  Speaker 1: a dictatorship is inevitable, I'd rather have it be a
• 21:17
  Speaker 1: dictatorship of the proletarian than one that is designed around
• 21:23
  Speaker 1: the needs of the bourgeois class. Remember, the bourgeois are
• 21:29
  Speaker 1: the middle class. They're not the rich. They're not the
• 21:32
  Speaker 1: billionaire class. They're the middle class. So he wants a
• 21:36
  Speaker 1: dictatorship of the proletariat. A dictatorship of the proletariat, that's Lenin.
• 21:42
  Speaker 1: And just in case, you know, you think I'm putting
• 21:46
  Speaker 1: words in his mouth. On a stream, on a stream
• 21:51
  Speaker 1: he says, I love Lenin. I love Fidel Castro. I
• 21:59
  Speaker 1: love Che Guevara. They are genuinely fucking heroes. Maybe it's
• 22:07
  Speaker 1: his use of the F-word that gets him the millions
• 22:10
  Speaker 1: of subscribers and the seven-figure income. I'm losing income because
• 22:19
  Speaker 1: I avoid the F-word. All right. Time says... I'm 22.
• 22:29
  Speaker 1: If you stream for eight hours a day, yeah, I
• 22:33
  Speaker 1: think you'd catch a lot of viewers who flipped through
• 22:36
  Speaker 1: streams and found your unconventional style interesting. We're going to
• 22:43
  Speaker 1: do this, guys. All right. We're going to do this.
• 22:47
  Speaker 1: I don't know when exactly. We need to pick a
• 22:49
  Speaker 1: date and we're going to experiment with this. We're going
• 22:52
  Speaker 1: to go and I'll even sign up for Twitch for this.
• 22:56
  Speaker 1: We'll sign up for Twitch. And for eight hours, I
• 23:00
  Speaker 1: will stream nonstop. And we'll see what happens. So you
• 23:07
  Speaker 1: guys can get me. Let me know. And, you know,
• 23:11
  Speaker 1: hopefully time will be there. And he will monitor and
• 23:18
  Speaker 1: let young people know. So we'll stream on everything. Why
• 23:23
  Speaker 1: just stream on Twitch? We'll stream on Twitch and and
• 23:26
  Speaker 1: YouTube and everywhere else all at the same time. When
• 23:34
  Speaker 1: Assan Paik has asked for a socialism he admires, he
• 23:38
  Speaker 1: says China is probably the closest. Now, Che's point is,
• 23:44
  Speaker 1: he says it's the economic model, not the one-party state.
• 23:48
  Speaker 1: But other countries industrialized just as fast as China. Takes
• 23:54
  Speaker 1: like Korea, Taiwan, you know, in, to some extent, Japan.
• 24:02
  Speaker 1: And they did not earn his praise. Mao, when asked
• 24:13
  Speaker 1: about Mao's, all the death under Mao, he says, do
• 24:17
  Speaker 1: I believe it was intentional? No, I don't believe that
• 24:20
  Speaker 1: it was intentional. Really? Chait goes to, um, some expert
• 24:27
  Speaker 1: at bookings who taught china under communism at michigan i
• 24:31
  Speaker 1: remember bookings left of center organization not exactly uh right
• 24:37
  Speaker 1: wing he didn't go to he didn't go to ask
• 24:40
  Speaker 1: nikos and this guy said quote mao never shied away
• 24:44
  Speaker 1: from violence among chinese civilians to achieve his goals and
• 24:49
  Speaker 1: he never expects expressed regret for any deaths that occurred
• 24:53
  Speaker 1: as a result of his initiatives Great leap forward alone
• 25:00
  Speaker 1: killed between 30 to 45 million, 30 to 45 million people,
• 25:06
  Speaker 1: another 2 million in the Cultural Revolution. And yet, you know, no, no, no, Mao,
• 25:13
  Speaker 1: according to, according to Hassan Paikin, no, no, no, it
• 25:16
  Speaker 1: wasn't intentional. It wasn't intentional at all. North Korea, right?
• 25:25
  Speaker 1: North Korea. Piker on a stream marveling at Pyongyang's development.
• 25:33
  Speaker 1: He says, quote, it's fucking mind-boggling to me that a
• 25:36
  Speaker 1: country so fucking poor and so distraught, a country that
• 25:39
  Speaker 1: withstood a fucking genocide, could get to this level. Dude,
• 25:45
  Speaker 1: if they can do it, why the fuck can't we? What? What?
• 25:51
  Speaker 1: North Korea is so much poorer than the United States.
• 25:55
  Speaker 1: The infrastructure is so much worse than ours. What is
• 26:00
  Speaker 1: he even talking about? And what genocide exactly? When? Just
• 26:09
  Speaker 1: to remind you, at the end of the Korean War,
• 26:13
  Speaker 1: and for a few years following the Korean War, almost
• 26:17
  Speaker 1: a decade following the Korean War, North Korea was poorer
• 26:21
  Speaker 1: than poorer by a significant margin than South Korea. Sorry,
• 26:28
  Speaker 1: North Korea was richer. What am I saying? North Korea
• 26:30
  Speaker 1: was richer than South Korea at the end of the
• 26:35
  Speaker 1: Korean War and for almost a decade afterwards. About NATO,
• 26:49
  Speaker 1: he says, of course I'm anti-NATO. NATO is designed with
• 26:52
  Speaker 1: explicit intent to be an anti-communist institution. And he's a communist.
• 27:01
  Speaker 1: He's not anti-war. He's anti-anti-communists. Chase summarizes this part. He says,
• 27:11
  Speaker 1: he treats, quote, sorry, he, quote, treats the millions of
• 27:15
  Speaker 1: victims as the tragic cost of progress. God, while, by
• 27:20
  Speaker 1: the way, lots of other countries progressed without that. While
• 27:23
  Speaker 1: anti-communists gets, quote, unsparing contempt, unquote, exhibit the Vietnamese refugees,
• 27:32
  Speaker 1: she says on camera, we have endured suffering under communist regime.
• 27:37
  Speaker 1: He throws his head back. F this refugee. So, You know,
• 27:47
  Speaker 1: we talk about his Marxist-Leninism. Let's talk about his anti-Zionism. Che,
• 27:56
  Speaker 1: anti-Zionism doesn't distinguish him from other progressives. What does is, quote,
• 28:01
  Speaker 1: his belief that American Jews who do not share his
• 28:04
  Speaker 1: position deserve punishment. To quote him, to quote Hassan Paika,
• 28:13
  Speaker 1: in a totally just world, regardless of your background, Any
• 28:16
  Speaker 1: kind of effing Zionist tendency should be treated in the
• 28:22
  Speaker 1: same way as being a effing rabid neo-Nazi. So not
• 28:29
  Speaker 1: only is Zionism racism, as the Green Party in England
• 28:36
  Speaker 1: just declared, but it's Nazism. It's Nazism. I mean, the
• 28:45
  Speaker 1: whole point of Zionism, if you understand anything about Zionism,
• 28:48
  Speaker 1: is trying to escape Nazism. The whole point, the whole
• 28:53
  Speaker 1: justification for the existence of Israel is to escape the Nazis.
• 28:59
  Speaker 1: Nazis being a fill-in word for anti-Semites all over the world,
• 29:03
  Speaker 1: of which there are many. And then if you look
• 29:11
  Speaker 1: at this line from the 20th of August, if American
• 29:13
  Speaker 1: Jews keep saying they're invested in Israel, eventually someone is
• 29:17
  Speaker 1: going to come around and take action against American Jews.
• 29:23
  Speaker 1: So if you think about this, two-thirds of American Jews
• 29:25
  Speaker 1: oppose current Israeli policy on the West Bank and Gaza,
• 29:29
  Speaker 1: but over 70% are mostly attached to Israel. Put the
• 29:33
  Speaker 1: two PICA statements together, and most American Jews, including the
• 29:37
  Speaker 1: critics of Netanyahu, are neo-Nazis who invited what's coming. When
• 29:46
  Speaker 1: Democrats object, AIPAC boss, you know, call this is all AIPAC.
• 29:55
  Speaker 1: You know, Assange Pica goes crazy apoplectic over APEC. You know,
• 30:05
  Speaker 1: he believes there's hidden control exercised by wealthy Jews. It's
• 30:10
  Speaker 1: just a classic anti-Semitic trope. So Pica is a Leninist
• 30:15
  Speaker 1: Marxist anti-Semite. According to Chait, I happen to agree. The
• 30:29
  Speaker 1: method and the plan, if you will. Chase says, look,
• 30:34
  Speaker 1: there are two Assan Pikers. On a stream, he's the
• 30:39
  Speaker 1: frat boy guy. In interviews about the stream, he's very
• 30:44
  Speaker 1: much a strategist. And both are real. The second is
• 30:49
  Speaker 1: the one to actually listen to. You know, when he
• 30:55
  Speaker 1: talks to Fox... at the Vox, not Fox, Vox, V-O-X.
• 30:59
  Speaker 1: He says, you know, what I do is agitated propaganda. Well,
• 31:04
  Speaker 1: what is agiprop? Agiprop is the Soviet department for agitation
• 31:09
  Speaker 1: and propaganda. The 1920s were built to instill communist thinking
• 31:14
  Speaker 1: in workers and peasants. And generally, as Chait writes, quote,
• 31:20
  Speaker 1: the method is not generally known for its faithful adherence
• 31:24
  Speaker 1: to truth and accuracy. So Assan Paikin basically is telling
• 31:29
  Speaker 1: you his stream is communist propaganda, trying to instill communist
• 31:37
  Speaker 1: thinking in workers and peasants. You, in other words, if
• 31:41
  Speaker 1: you're young enough and, I guess, naive enough or innocent
• 31:44
  Speaker 1: enough or detached from reality enough to actually listen to
• 31:47
  Speaker 1: Assan Paikin. to Russ Duthart, which is amazing that Ross
• 31:57
  Speaker 1: Duthart would even interview him, but he does, he gives
• 32:01
  Speaker 1: a roadmap. This is about a year ago. Through a
• 32:04
  Speaker 1: system of, at first, modest social democratic reforms, basically claw
• 32:10
  Speaker 1: back autonomy for the everyday person, and slowly, but surely,
• 32:17
  Speaker 1: yield more egalitarian outcomes. So the idea is, you start slowly,
• 32:24
  Speaker 1: let's say with Medicare for All, but you're slowly moving
• 32:28
  Speaker 1: towards egalitarianism, i.e. some form of communism, some form of
• 32:35
  Speaker 1: equality of outcome, a dictatorship of the proletarian to be
• 32:41
  Speaker 1: managed by the Lenin or Stalin of our time. To
• 32:47
  Speaker 1: Trevor Noah, this spring, again, another kind of left of
• 32:52
  Speaker 1: center person who, it's shocking, would even interview Hassan Paika,
• 32:57
  Speaker 1: but he does. Quote, he's talking about liberals, liberal voters.
• 33:03
  Speaker 1: Liberal voters, quote, they self-identify as liberals because they don't
• 33:08
  Speaker 1: really understand what that means. If you were to pick
• 33:11
  Speaker 1: apart their worldview and offer them a little bit of
• 33:14
  Speaker 1: political education, you might find maybe they're socialists. Maybe they're
• 33:21
  Speaker 1: They're Marxists. Now, that is pretty scary if that's true, right?
• 33:32
  Speaker 1: But this is kind of the false consciousness, good Marxist terminology.
• 33:38
  Speaker 1: And the target from the same interview, the target of
• 33:40
  Speaker 1: what he does, he says about the Democratic Party, that's
• 33:44
  Speaker 1: a weak party. That's a party that you can seize.
• 33:49
  Speaker 1: That's his goal. That's a party that you can take
• 33:52
  Speaker 1: advantage of. On Tallarico, Tallarico is the Senate candidate of
• 34:02
  Speaker 1: the Democrats in Texas. He says, quote, we have to
• 34:08
  Speaker 1: remind him that we are the force that backed him.
• 34:14
  Speaker 1: And if he wants to maintain it, he's got to
• 34:16
  Speaker 1: play ball. We mean it. Socialist Democrats, Marxists, Communists, the
• 34:23
  Speaker 1: far left of the Democratic Party. You know, once GOP
• 34:32
  Speaker 1: ads ran linking Pica to al-Sayyad, you know, suddenly nobody
• 34:40
  Speaker 1: knows who he is, right? The Democrats are running away
• 34:43
  Speaker 1: from him. You know, he's a trick streamer no one knows.
• 34:49
  Speaker 1: mocked Democrats for, you know, crying about a Twitter stream.
• 34:56
  Speaker 1: He's also said now, it's laughable to say I hate America. Che, quote,
• 35:02
  Speaker 1: in fact, Pica has expressed this precise sentiment, hating America,
• 35:07
  Speaker 1: or iterations of it, many, many times. The self-belittling, quote,
• 35:14
  Speaker 1: does show a level of message discipline and commitment to
• 35:18
  Speaker 1: the cause. Chase, last line in the article, quote, Pica, however,
• 35:30
  Speaker 1: is not so much joining the team as sizing it
• 35:34
  Speaker 1: up as prey. That's a good line. He's not joining
• 35:39
  Speaker 1: the Democrats. He's sizing the Democrats up as prey to
• 35:45
  Speaker 1: take over, to dominate. All right. So let's build that
• 36:03
  Speaker 1: on Pica's own words. So this is all Pica's. And
• 36:11
  Speaker 1: you can go out and you can verify it yourself. But,
• 36:14
  Speaker 1: you know, Pica's always says, but they're taking my quotes
• 36:17
  Speaker 1: out of context. So here's some context, right? Every line
• 36:23
  Speaker 1: that I'm going to give you is checked against the
• 36:24
  Speaker 1: report of the original venue, not against the clip. We
• 36:29
  Speaker 1: can do a few of these. August 2019 on a
• 36:32
  Speaker 1: Twitch stream, America deserved 9-11, dude. Same stream on Dan
• 36:37
  Speaker 1: Crenshaw losing his eye to a, quote, a brave fucking
• 36:41
  Speaker 1: soldier of the Mujahideen. He later apologized for the word deserved, right?
• 36:51
  Speaker 1: that America deserved 9-11, never retracted the idea that Ben
• 36:55
  Speaker 1: Crenshaw lost his eye to a brave effing soldier of
• 36:59
  Speaker 1: the Mujahideen, who he looks up to. He continued to
• 37:04
  Speaker 1: argue 9-11 was blowback. There he shares that idea with
• 37:09
  Speaker 1: Ron Paul. And he's repeated the blowback claim on Pod
• 37:16
  Speaker 1: Save America in April 2026. January 2026 stream, quote, Hamas
• 37:22
  Speaker 1: is a thousand times better than a fascist settler colonial
• 37:26
  Speaker 1: apartheid state. Not just better. Hamas is a thousand times
• 37:32
  Speaker 1: better than Israel. Asked by John Fover on Save America
• 37:38
  Speaker 1: on April 12th, if he stood by it, Hassan Paika said,
• 37:41
  Speaker 1: I stand by that. Ask if it's hyperbole, he says,
• 37:45
  Speaker 1: I do mean it. Added that Hamas is entirely compromised, comprised,
• 37:51
  Speaker 1: entirely comprised of orphans whose parents Israel killed. Called Zionism
• 37:57
  Speaker 1: an ethno-religious supremacist ideology that is exterminationist. I mean, this
• 38:06
  Speaker 1: goes beyond... It's insane. If you've seen the video of
• 38:11
  Speaker 1: what Hamas did... that is a thousand times better than
• 38:16
  Speaker 1: the worst version of Israel you don't really know what
• 38:19
  Speaker 1: you're talking about I mean no it's worse it's not
• 38:22
  Speaker 1: that you don't know what you're talking about that would
• 38:24
  Speaker 1: be ignorance you're freaking evil you're freaking evil in 2024
• 38:35
  Speaker 1: resurfaced on April 2026 on a stream reacting to the
• 38:39
  Speaker 1: Vietnamese refugee who fled Saigon in 1975 and He says,
• 38:44
  Speaker 1: shut the effing up, you stupid effing idiotic old lady.
• 38:49
  Speaker 1: Who has fed you harder, America or Ho Chi Minh?
• 38:53
  Speaker 1: Why don't you go back and live in frigging South Vietnam?
• 38:59
  Speaker 1: On Ziri this week, he said she was MAGA, so
• 39:04
  Speaker 1: he owed her no grace. He mocked her and, quote,
• 39:09
  Speaker 1: according to him, was right to do so. July 2025. Again,
• 39:15
  Speaker 1: resurfaced July 2026 on stream on his China trip. Listen
• 39:20
  Speaker 1: to this. Mao Zedong, responsible for the death of 30
• 39:24
  Speaker 1: to 45 million people, is one of the great leaders
• 39:27
  Speaker 1: of this world. A man who changed. the entire universe.
• 39:37
  Speaker 1: He later explains on Axios in September of 06, yeah,
• 39:42
  Speaker 1: the deaths were horrifying, but not intentional. Mao was a
• 39:45
  Speaker 1: great man of history. In 2026 in Havana, quote, humanitarian
• 39:51
  Speaker 1: delegation that he went on with a delegation with Ilhan
• 39:57
  Speaker 1: Omar's daughter. He met the Cuban president at the palace,
• 39:59
  Speaker 1: blamed the U.S. embargo for Cuban's poverty. There's a joke.
• 40:08
  Speaker 1: June 20, 26, stream on Musk. He says, meritocracy is
• 40:12
  Speaker 1: a lie. Lying, you know, lying is OP. I can't
• 40:18
  Speaker 1: remember what OP means. Money is fake. He called Musk
• 40:23
  Speaker 1: a frigging failure. I mean, this is Rawls and all
• 40:29
  Speaker 1: the anti-meritocracy intellectuals out there who spew this nonsense. August
• 40:34
  Speaker 1: 20th on stream on Jeremy Moss and APAC. Uh, yeah, well, no,
• 40:40
  Speaker 1: we've already covered that quote. Uh, let me just see. Um,
• 40:46
  Speaker 1: on Fox at the Socialism Conference in Chicago. This is
• 40:50
  Speaker 1: broadcast by Fox. My job is not to make the
• 40:52
  Speaker 1: Democratic Party look good. But he has dialed down his
• 40:58
  Speaker 1: commentary given election season. We talked about the dictatorship one. Anyway,
• 41:08
  Speaker 1: you can go on and on and find this. Just
• 41:10
  Speaker 1: a few things. Now, PICA responded to Jonathan Chait's article
• 41:18
  Speaker 1: and he said quote not sure how Jonathan Chait arrived
• 41:20
  Speaker 1: at this conclusion I have invited him on my podcast
• 41:23
  Speaker 1: for a lively conversation couldn't make it on the Atlantic
• 41:25
  Speaker 1: podcast due to other scheduling issues but I publicly communicated
• 41:29
  Speaker 1: that he has an open invite since his first article
• 41:33
  Speaker 1: Chait 90 minutes later I arrived at the conclusion that
• 41:36
  Speaker 1: you agreed to an Atlantic podcast interview with me then
• 41:38
  Speaker 1: postponed then cancelled because that is exactly what happened what
• 41:43
  Speaker 1: if anything are you denying Pike has replied, quote, why
• 41:47
  Speaker 1: are you acting this dense? Chait, quote, he continues to
• 41:51
  Speaker 1: hold abuse and make noises that sound like a denial
• 41:55
  Speaker 1: without denying any of the facts. So they keep going
• 42:00
  Speaker 1: back and forth. Although, of course, why anybody would want
• 42:04
  Speaker 1: to interview a scumbag like this? I have no idea.
• 42:07
  Speaker 1: No idea. No understanding. I mean, all you do is
• 42:11
  Speaker 1: giving him more stage, giving him more views, more He's
• 42:16
  Speaker 1: already said the most outrageous things. Are you going to
• 42:18
  Speaker 1: get him to say more outrageous things? On Sunday, there was,
• 42:26
  Speaker 1: I guess, Z-I-W-E, who's a satirist. And I guess that she,
• 42:35
  Speaker 1: is it a she? Yeah. So she asked him to
• 42:40
  Speaker 1: model his communist style suit. And so he wore his
• 42:45
  Speaker 1: Mao suit. She asked him whether he's always wanted to
• 42:48
  Speaker 1: be a champagne socialist. He says, yes. She quotes him,
• 42:54
  Speaker 1: let the streets soak in red capitalist blood. He said that.
• 42:58
  Speaker 1: And asked how the Oscars party were. Red capitalist bloodline.
• 43:05
  Speaker 1: You know, I remember seeing that, right? Remember that Hassan
• 43:09
  Speaker 1: Paika justified the killing of of the CEO of UnitedHealthcare.
• 43:16
  Speaker 1: On the house that he has, $ 2. 7 million, why your
• 43:19
  Speaker 1: needs are more important than 90% of other Californians, given
• 43:23
  Speaker 1: you endorsed Karl Marx's statement to each according to his needs.
• 43:27
  Speaker 1: Piker says, I mean, I have a mortgage. Like, I don't,
• 43:29
  Speaker 1: you know, pay cash for it. So what? He also
• 43:34
  Speaker 1: says during that broadcast that housing should be free. And
• 43:38
  Speaker 1: his needs aren't more important. So can you imagine the
• 43:41
  Speaker 1: kind of house he would get from the Communist Bureau
• 43:48
  Speaker 1: of the United States of America where housing is free?
• 43:51
  Speaker 1: Can you imagine the size house he would get? I
• 43:53
  Speaker 1: don't think it would look like his $ 2. 7 million house.
• 43:57
  Speaker 1: Not at all. All right. All right. Now, one last
• 44:12
  Speaker 1: note and then a little bit of commentary for me.
• 44:15
  Speaker 1: On the weekend of October 7th, Pica was angry at
• 44:20
  Speaker 1: the mob that shouted down the Israelis for peace on
• 44:23
  Speaker 1: October 7th. You remember they were chanting the mob, Dhani
• 44:28
  Speaker 1: was a genocide, was supportive of genocide. Because they had
• 44:34
  Speaker 1: shut down, I guess, the Israeli for peace vigil. And
• 44:39
  Speaker 1: he had that one paragraph condemning Hamas, three condemning Israel,
• 44:43
  Speaker 1: but one condemning Hamas. But what was Pike's complaint about
• 44:47
  Speaker 1: the people who were shouting down the Israel for Peace
• 44:50
  Speaker 1: rally and condemning Mamdani? His complaint was that the DSA,
• 44:55
  Speaker 1: Democratic Socialists of America, weren't at the forefront of the
• 44:59
  Speaker 1: anti-Zionist mobilization in New York City. In other words, how
• 45:04
  Speaker 1: dare you engage in independent action without us Leading it. Yeah,
• 45:12
  Speaker 1: he's the dictator for the dictatorship of the proletariat. That's
• 45:15
  Speaker 1: what he wants. I mean, that's what he cares about.
• 45:23
  Speaker 1: He wants to control. He wants the movement to have discipline. Discipline.
• 45:32
  Speaker 1: He should run it. DSA should run it. He runs DSA.
• 45:34
  Speaker 1: He should run it. But here's the thing, you know,
• 45:50
  Speaker 1: while Chait is right, you know, he charges the charges
• 45:54
  Speaker 1: that Pica does not believe in democracy. True. But notice
• 45:58
  Speaker 1: what Pica actually said, quote, put the power in the
• 46:01
  Speaker 1: hands of the many, unquote. In a sense, that is
• 46:05
  Speaker 1: democracy ruled by the many, unlimited rule by the many.
• 46:09
  Speaker 1: The dictatorship of the proletariat is democracy's logical input. Once
• 46:15
  Speaker 1: you drop the one thing that restrains it, individual rights,
• 46:21
  Speaker 1: some conception of individual rights, whether through a declaration or
• 46:25
  Speaker 1: some other limitation on democracy. Pica isn't rejecting Chait's premise.
• 46:36
  Speaker 1: He's completing it. He's taking it to a logical conclusion.
• 46:41
  Speaker 1: Chait believes in liberal democracy. Election plus a bill of rights, courts, property,
• 46:47
  Speaker 1: the things that stops 51% from eating the 49. But
• 46:54
  Speaker 1: they never say it that way. They're just advocates of democracy,
• 46:58
  Speaker 1: a majority rule. They don't want to recognize the individual
• 47:02
  Speaker 1: rights implied in the Bill of Rights, the courts, and
• 47:04
  Speaker 1: everything else. The modern left rejects individual rights. What you
• 47:12
  Speaker 1: get when you reject individual rights is the kind of
• 47:16
  Speaker 1: collectivism that Son Paika is advocating for. What are you defending?
• 47:22
  Speaker 1: A procedure? Or are you defending a principle? Are you
• 47:28
  Speaker 1: going to beat the dictatorship of the proletarian with what?
• 47:33
  Speaker 1: With what ideas? With what alternative? What's the principle that
• 47:40
  Speaker 1: negates everything Assange Piker says? And here's the thing Democrats
• 47:49
  Speaker 1: can't say. that the right won't say. Paika is the
• 47:55
  Speaker 1: honest one. Bernie pretends Denmark is socialist. The Danish deny it.
• 48:03
  Speaker 1: AOC says Medicare for all, that's all she wants. Ramdani
• 48:07
  Speaker 1: says rent freeze and city grocery stores. Paika says it
• 48:12
  Speaker 1: the way it is. Lenin, Castro, Che, Guevara, Mao, North Korea.
• 48:20
  Speaker 1: That is proof that a better future is possible for
• 48:23
  Speaker 1: all of us. Lenin, the only one he's kept off
• 48:29
  Speaker 1: the list is Stalin, and I think that's an accident probably. Lenin, Castro,
• 48:33
  Speaker 1: you want to live under Lenin, Castro, Che Guevara, Mao Zedong,
• 48:37
  Speaker 1: North Korea? He says, if a dictatorship is inevitable, well,
• 48:45
  Speaker 1: maybe it is inevitable. He is. His ideas are. As are,
• 48:53
  Speaker 1: at the end of the day, Bernie AOC, Mamdani's ideas. Ultimately,
• 48:58
  Speaker 1: if they were honest about it and they took it
• 49:02
  Speaker 1: to the logical conclusion, they were all Lenin, Castro, Che Guevara,
• 49:09
  Speaker 1: Mao Zedong, and North Korea. They pretend. He doesn't. He
• 49:19
  Speaker 1: tells you... exactly his ideal his ideal is Mao's China
• 49:25
  Speaker 1: his ideal is Lenin's Soviet Union his ideal is right
• 49:29
  Speaker 1: now in North Korea can you imagine no I don't
• 49:34
  Speaker 1: think you can imagine America under those conditions He understands
• 49:40
  Speaker 1: that socialism means the state owns the means of production.
• 49:43
  Speaker 1: And owning the means of production means owning the people
• 49:45
  Speaker 1: who run them. And that all of it requires force.
• 49:50
  Speaker 1: Force at scale. And that kind of scale requires a dictator.
• 49:58
  Speaker 1: Every socialist knows this deep down. Pike is willing to
• 50:03
  Speaker 1: admit it. The DSA, Democrat Socialist of America, call him
• 50:12
  Speaker 1: a twitch streamer. When the House censored him, and they
• 50:16
  Speaker 1: were right to, but he's their id. He's the DSA's id.
• 50:25
  Speaker 1: You know, and the Democrats can't excommunicate him. They can
• 50:31
  Speaker 1: call him deplorable. They can say they're done with him.
• 50:35
  Speaker 1: El Sayed can call him and tell him to stop.
• 50:38
  Speaker 1: But El Sayed is still running on a PICA-lite platform.
• 50:44
  Speaker 1: Just he's removed Lenin and Stalin and all those guys. But,
• 50:53
  Speaker 1: you know, they're the premises. They're the inevitable end result
• 50:59
  Speaker 1: of what these guys believe in. I mean, Bernie's platform,
• 51:07
  Speaker 1: AOC's platform, is just one step, or it's the first step,
• 51:14
  Speaker 1: in Pica's plan. Pica says, first step towards a little
• 51:20
  Speaker 1: bit more galaterianism on the way to much more. And
• 51:26
  Speaker 1: the moderates can't fight him. You know? He doesn't believe
• 51:30
  Speaker 1: in democracy. Is that... The worst you can say about him?
• 51:36
  Speaker 1: Levitt says he's part of the coalition. Dingle, I am done.
• 51:40
  Speaker 1: We said deplorable, idiot, whatever they call him, right? Not
• 51:45
  Speaker 1: one of them says, you're a damn right evil. You're
• 51:50
  Speaker 1: wrong about what's good. They say he's too loud. He
• 51:55
  Speaker 1: goes too far. Maybe it's too early. He's bad for
• 51:59
  Speaker 1: the campaign. But the ideas, The ideas are damn right evil, nasty, horrific.
• 52:07
  Speaker 1: Those ideas are what should be shunned. Those ideas are
• 52:11
  Speaker 1: what the Democratic Party should be running away from. And
• 52:17
  Speaker 1: it can't. Because if you look at PICA's moral premises
• 52:23
  Speaker 1: and ask which one of them the moderate left rejects,
• 52:28
  Speaker 1: which one? Is need a claim on other people's lives? Yes. Yes.
• 52:34
  Speaker 1: That's the welfare state. Is inequality injustice? Well, of course.
• 52:40
  Speaker 1: AOC and Bernie will tell you. So will Elizabeth Warren.
• 52:44
  Speaker 1: A billionaires shouldn't exist? The rich got rich by taking? Well, yeah.
• 52:51
  Speaker 1: Check that. That's Elizabeth Warren. Most Democrats. You didn't build that.
• 52:58
  Speaker 1: Profit is exploitation. Capitalism is rigged. The work is owed.
• 53:03
  Speaker 1: The oligarchy must be fought. Well, that was in Obama's
• 53:07
  Speaker 1: speech and in Harris' campaign, certainly Harris' campaign's closing ad,
• 53:12
  Speaker 1: running for president. Israel is the aggressor? Half the caucus
• 53:19
  Speaker 1: believes that. The Democratic caucus believes that. There is no
• 53:23
  Speaker 1: premise in Piker's worldview that the Democratic mainstream hasn't already conceded.
• 53:31
  Speaker 1: They've conceded the morality. They're haggling over the dosage. Ayn
• 53:41
  Speaker 1: Rand says that in any compromise between food and poison,
• 53:48
  Speaker 1: only death can win. The moderate says a little socialism,
• 53:52
  Speaker 1: but not too much. Pica says if a little is good,
• 53:56
  Speaker 1: why not all of it? And the moderate has no
• 53:59
  Speaker 1: answer because by his own premises, Pica is right. need
• 54:05
  Speaker 1: is a moral claim then the dictatorship of the proletariat
• 54:08
  Speaker 1: is just need with an army and you know every
• 54:17
  Speaker 1: time the one who holds the principles is going to
• 54:20
  Speaker 1: beat the one who holds half the principle every single
• 54:24
  Speaker 1: time and this just is an expression of the moderates
• 54:32
  Speaker 1: just being moderate in and of itself is the problem
• 54:35
  Speaker 1: Their weakness. You know. To his critics he is principled.
• 54:42
  Speaker 1: That's not a compliment. He has looked at the premises.
• 54:48
  Speaker 1: Followed them to the end. And said so. Lenin cast
• 54:51
  Speaker 1: them out. A dictatorship of the proletariat. North Korea. The
• 54:56
  Speaker 1: fact that tens of millions. Maybe north of a hundred million.
• 55:01
  Speaker 1: People have died. As a consequence of these premises being.
• 55:05
  Speaker 1: followed through, doesn't stop him. If that doesn't make him evil,
• 55:09
  Speaker 1: then what would? What would? Is the problem with Hassan
• 55:16
  Speaker 1: Paika that he's anti-democracy? Or is the problem with Hassan
• 55:19
  Speaker 1: Paika is that he's a genocidal, homicidal nutcase who has excused, justified, rationalized,
• 55:30
  Speaker 1: The death of over 100 million people, and this is
• 55:33
  Speaker 1: a claim I make on all you Marxists out there.
• 55:37
  Speaker 1: You hold a fundamentally inexcusable evil ideology that has resulted
• 55:45
  Speaker 1: in the death of over 100 million people. You can't
• 55:49
  Speaker 1: escape that. As long as you call yourself a Marxist,
• 55:53
  Speaker 1: you have blood on your hands. Not a little bit
• 55:56
  Speaker 1: of blood. So notice what the moderates have reduced to nothing.
• 56:09
  Speaker 1: The only thing that beats a principle is a better principle.
• 56:13
  Speaker 1: And they have none. And of course, the right has
• 56:16
  Speaker 1: none either. That is part of the great, great, great tragedy.
• 56:23
  Speaker 1: And Pike is right when he says that the Democratic
• 56:25
  Speaker 1: Party is weak. And a party that he can seize.
• 56:29
  Speaker 1: It's scary. It's scary. Very, very, very scary. Should scare
• 56:35
  Speaker 1: all of us. But it's true. Now, remember, Pike has
• 56:42
  Speaker 1: his own description of what he sells. Not reason, not argument.
• 56:46
  Speaker 1: He sells empathy. Feel for the Palestinians. Feel for the worker.
• 56:53
  Speaker 1: Feel for Cuba under embargo. And what does empathy produce?
• 57:01
  Speaker 1: His love of Mao Zedong. Lenin, Castro, North Korea. But
• 57:09
  Speaker 1: at the heart of it is altruism. Altruism is a
• 57:13
  Speaker 1: hierarchy of victims. There's Vietnamese refugee ranks below Ho Chi Minh,
• 57:20
  Speaker 1: the Israeli individual below Hamas, the American Jew below Palestinian cause,
• 57:25
  Speaker 1: and the North Koreans, well, they're above everybody else because
• 57:29
  Speaker 1: they're so poor. They have greatest needs. Remember, in North Korea,
• 57:35
  Speaker 1: there are 25 million people in prison camps. Basically the
• 57:39
  Speaker 1: entire population. But they have a skyline. Not a particularly
• 57:43
  Speaker 1: great skyline, but they have a skyline. 25 million people
• 57:46
  Speaker 1: enslaved by a brutal dictatorship. Does Pica care? No, not
• 57:52
  Speaker 1: one iota. Does he care for the victims of Mao?
• 57:56
  Speaker 1: Not one iota. Does he care for the victims of
• 57:59
  Speaker 1: communism anywhere? Not one iota. As Lenin said, you have
• 58:05
  Speaker 1: to bake a few eggs to make an omelet. Anyway,
• 58:14
  Speaker 1: this is a hater. He is a hater. He is
• 58:17
  Speaker 1: a hater of man. He's a hater of the individual.
• 58:19
  Speaker 1: He's a hater of what makes the individual successful. He's
• 58:22
  Speaker 1: a hater of everything around him. He's a hater of
• 58:25
  Speaker 1: human life. Nobody can be a fan of Mao, Lenin, Castro,
• 58:33
  Speaker 1: North Korea... And be a fan of life... He is
• 58:39
  Speaker 1: a fan of death... And as I said... The right has...
• 58:46
  Speaker 1: Nothing on him... Right? What can Fox argue against Pica?
• 58:53
  Speaker 1: That he's a hypocrite? We all know he's a hypocrite... Right?
• 59:02
  Speaker 1: I mean... Our vice president has just said that socialism
• 59:07
  Speaker 1: means foreign workers. Tucker calls for financiers to suffer. Blood
• 59:16
  Speaker 1: on the streets, capitalist blood on the streets. I mean,
• 59:20
  Speaker 1: they've given up on merit, on reason, on individualism, on capitalism.
• 59:27
  Speaker 1: So they have nothing, nothing to criticize him for. So
• 59:38
  Speaker 1: the problem with Pica, as I said, not that he's rich,
• 59:40
  Speaker 1: not that he's rude, not that he uses the F word.
• 59:44
  Speaker 1: It's that he advocates and, you know, is passionate about
• 59:51
  Speaker 1: evil ideas, which makes him evil. He's not a kid.
• 59:54
  Speaker 1: He knows better. He is an evasive bastard. He calls
• 1:00:04
  Speaker 1: people neo-Nazis. Well, he's worse than a neo-Nazi. Indeed, the
• 1:00:09
  Speaker 1: communists have more blood on their hands than the Nazis
• 1:00:11
  Speaker 1: ever did. I hope Chait does not go on Pica's show.
• 1:00:20
  Speaker 1: Because that would just boost Pica. So maybe, maybe, maybe
• 1:00:30
  Speaker 1: the left is starting to turn. Maybe, maybe, maybe they
• 1:00:37
  Speaker 1: will wake up to this and must have some kind
• 1:00:42
  Speaker 1: of defense. I'm not sure exactly what, because they don't
• 1:00:44
  Speaker 1: have the philosophical tools to do it. They just don't.
• 1:00:50
  Speaker 1: At least they can be disgusted with the idea of
• 1:00:53
  Speaker 1: the amount of blood on his hands. Blood on his hands. Now,
• 1:01:00
  Speaker 1: as I've told you many times, I still don't think
• 1:01:03
  Speaker 1: communism is the future of America. I still think the
• 1:01:07
  Speaker 1: backlash against Hassan Paika will be immense. And I still
• 1:01:11
  Speaker 1: think that the likely outcome for America, although not guaranteed, right, likely,
• 1:01:17
  Speaker 1: is right-wing cross and flag fascism. But again, the more
• 1:01:28
  Speaker 1: the crazy left goes crazy and the more people join
• 1:01:30
  Speaker 1: the crazy left, the more likely is a right-wing fascist takeover.
• 1:01:38
  Speaker 1: They feed off of each other. One does not exist
• 1:01:41
  Speaker 1: without the other. Even in Germany, the Nazis were a
• 1:01:46
  Speaker 1: response to growing communist agitation in the streets. But the
• 1:01:53
  Speaker 1: communists didn't win. Communists cannot win in America. All right.
• 1:02:06
  Speaker 1: Two other news. That would make a good one-hour segment.
• 1:02:12
  Speaker 1: Ian is not complaining I've gone for a whole hour
• 1:02:14
  Speaker 1: without getting to the second topic. Is that Ian that
• 1:02:18
  Speaker 1: usually complains? I think it is. All right. Anyway, let
• 1:02:23
  Speaker 1: us move on. You know, hopefully I don't have to
• 1:02:25
  Speaker 1: talk about Hasan Paika for a while now. Because we've
• 1:02:31
  Speaker 1: covered him in depth in this segment. We will see.
• 1:02:37
  Speaker 1: But maybe in my eight-hour show, I'll talk a little
• 1:02:39
  Speaker 1: bit about Hasan Paika. I need to figure out. Maybe
• 1:02:42
  Speaker 1: sometime in December when things quieten down and, you know,
• 1:02:48
  Speaker 1: and we could do this eight-hour experiment. Maybe I can
• 1:02:52
  Speaker 1: have Nikos join me for a bit of it to
• 1:02:55
  Speaker 1: ease the load. I need to find a chair that
• 1:02:58
  Speaker 1: I can sit in, I think, for eight hours. I'm
• 1:03:00
  Speaker 1: not sure I can do it standing. Maybe I can.
• 1:03:02
  Speaker 1: Why not? We'll test my knees and my joints and
• 1:03:07
  Speaker 1: see if standing for eight hours is possible. All right,
• 1:03:13
  Speaker 1: overnight news. Last night, Russia fired 39 ballistic missiles at Ukraine.
• 1:03:19
  Speaker 1: And they will primarily target Ukraine's energy grid. Oh, wait
• 1:03:22
  Speaker 1: a minute, ceasefire. There was a ceasefire. Trump declared a ceasefire.
• 1:03:26
  Speaker 1: How can there not be a ceasefire? I thought what
• 1:03:29
  Speaker 1: Trump declares happens, privacy of consciousness, Trump's consciousness. I guess not.
• 1:03:34
  Speaker 1: I guess not? Hmm. I guess that has been refuted. So, yes,
• 1:03:42
  Speaker 1: you know, the Russians fired at Ukraine's energy grid. It's
• 1:03:47
  Speaker 1: the largest ballistic missile salvo of the war, I guess. 600,000
• 1:03:53
  Speaker 1: people now are without power. Five ballistic missiles also were
• 1:03:59
  Speaker 1: fired on Kiev's civilian infrastructure. And in Kharkiv, four people died. 19,
• 1:04:09
  Speaker 1: you know, in two days, I guess, have been killed.
• 1:04:14
  Speaker 1: The same night... This is the night that Russia attacked.
• 1:04:19
  Speaker 1: The same night, Ukraine's military lost part of its Starlink
• 1:04:22
  Speaker 1: access without warning. Now, later, what they said is that
• 1:04:29
  Speaker 1: the Starlink connection was somehow downgraded, which made their drones
• 1:04:35
  Speaker 1: travel slower and less effective. Now, this is called a Starshield.
• 1:04:44
  Speaker 1: It's the militarized version that actually the Pentagon pays for.
• 1:04:49
  Speaker 1: Ukraine runs battlefield comms and drone guidance on it. By
• 1:04:58
  Speaker 1: this afternoon, Zelensky's advisor said that SpaceX capped the speed
• 1:05:04
  Speaker 1: of stalling terminals on Ukrainian attack drones, making them easier
• 1:05:09
  Speaker 1: for Russian defenses to hit. According to Ukrainian officials, Washington
• 1:05:20
  Speaker 1: ordered this. It ordered as part of the attempt to
• 1:05:26
  Speaker 1: stop Ukrainians attacking refineries in order to bring diesel prices down.
• 1:05:35
  Speaker 1: A report on Twitter says Trump is furious with Zelensky
• 1:05:40
  Speaker 1: and is considering banning all intelligence sharing to stop long-range strikes. Trump,
• 1:05:49
  Speaker 1: on the other hand, says intelligence sharing continues. The EU
• 1:05:55
  Speaker 1: sees no indication it stopped. Kiev was warned of some
• 1:06:04
  Speaker 1: of the missile strikes. Anyway, we'll see. So far, the
• 1:06:12
  Speaker 1: Ukrainians have stopped hitting refineries. And in spite of that,
• 1:06:17
  Speaker 1: Starlink was... throttled yesterday. Zelensky to Piers Morgan to Musk.
• 1:06:32
  Speaker 1: Switching off Starlink is, quote, a big mistake. People will die.
• 1:06:35
  Speaker 1: It really is. It's just unbelievable. You know, you want
• 1:06:43
  Speaker 1: to rip your hair out. I mean, Friday? Friday? Trump
• 1:06:49
  Speaker 1: buys Russian diesel. Sunday, he announces an energy truce that
• 1:06:54
  Speaker 1: Putin never agrees to. Monday, Russia hits energy facilities in Ukraine.
• 1:07:02
  Speaker 1: And then Russia also hits Kiev with no warning reaching Ukraine. Usually,
• 1:07:07
  Speaker 1: the U.S. would tell them when the ballistic missiles take off. Tuesday, well,
• 1:07:12
  Speaker 1: Ukraine hit many sites the day before. Wednesday, 39 ballistic
• 1:07:17
  Speaker 1: missiles 600,000 without power, and the drones that could answer them,
• 1:07:23
  Speaker 1: slow down. You don't have to prove who throttled the
• 1:07:28
  Speaker 1: satellite to see what this week was all about. Every
• 1:07:33
  Speaker 1: step is meant to put pressure on a country that
• 1:07:37
  Speaker 1: was invaded, a country that's fighting in its own self-defense,
• 1:07:41
  Speaker 1: a country that is fighting against you know, a country
• 1:07:48
  Speaker 1: that started a war with it. A country trying to
• 1:07:51
  Speaker 1: stop an invader. An invader. These are the actions of
• 1:07:58
  Speaker 1: a unprincipled coward in the White House. You know, obviously
• 1:08:08
  Speaker 1: SpaceX has the right to set the terms of its
• 1:08:10
  Speaker 1: own network, depending on the contract it has with Ukraine.
• 1:08:14
  Speaker 1: And given that the Pentagon's paying for it, I guess
• 1:08:16
  Speaker 1: the Pentagon has the right to stop paying for it
• 1:08:20
  Speaker 1: or to tell SpaceX not to provide the service. Not
• 1:08:27
  Speaker 1: to let Ukraine know in advance that it's throttling back.
• 1:08:32
  Speaker 1: And it's highly likely it's the United States that decided this. Why?
• 1:08:36
  Speaker 1: How is this in America's interest? Where's the America first angle?
• 1:08:43
  Speaker 1: There is none. This is suicide for America to strengthen Russia.
• 1:08:48
  Speaker 1: It's an unmitigated disaster to have Russia get stronger. Now
• 1:08:57
  Speaker 1: nobody is talking about this, right? SpaceX won't say anything.
• 1:09:00
  Speaker 1: The White House won't say anything. Musk won't answer. If
• 1:09:05
  Speaker 1: there's a technical fault or a contract matter, you'd expect
• 1:09:09
  Speaker 1: somebody would have said something. So the explanation that best
• 1:09:15
  Speaker 1: fits the patent of this White House is the White
• 1:09:20
  Speaker 1: House will not, is doing it to punish Zelensky because
• 1:09:23
  Speaker 1: Trump doesn't like Zelensky. And this government, our government, foreign
• 1:09:29
  Speaker 1: policy is guided by emotion, not by reason, not by
• 1:09:33
  Speaker 1: rational self-interest, not by America first, but by Trump's emotional
• 1:09:40
  Speaker 1: state first. Trump is a whim worshiper, and he acts
• 1:09:48
  Speaker 1: on whim. His entire foreign policy is based on whim.
• 1:09:51
  Speaker 1: No strategy, no thought, no 3D chess, no 4D chess,
• 1:09:55
  Speaker 1: no 5D chess, no 1D chess. Now, it is interesting, right?
• 1:10:08
  Speaker 1: I guess the U.S. can't force Elon to shut down
• 1:10:13
  Speaker 1: satellite service to Ukraine if the United States government is
• 1:10:16
  Speaker 1: paying for it. Yeah, I mean, if I'm looking at this,
• 1:10:25
  Speaker 1: if I'm Israel, if I'm any country today that depends
• 1:10:29
  Speaker 1: in any way on America for help to defend itself,
• 1:10:36
  Speaker 1: I would do everything in my power. I would make
• 1:10:38
  Speaker 1: it the number one priority of my government. To separate
• 1:10:42
  Speaker 1: myself from the United States. To... God, what is going
• 1:10:50
  Speaker 1: on here? To... To... Become more independent. And less dependent.
• 1:11:08
  Speaker 1: Because the reality is the U.S. is not dependable. Worse
• 1:11:13
  Speaker 1: than undependable. It turns out the United States would support
• 1:11:16
  Speaker 1: its own enemies over its own friends. That is where
• 1:11:24
  Speaker 1: we are today. And people might say, oh, it's just Trump.
• 1:11:26
  Speaker 1: When he leaves office, everything will change. No. American people
• 1:11:32
  Speaker 1: elected Trump. Who knows who they'll elect next? Who knows
• 1:11:38
  Speaker 1: who's coming next? You cannot trust America because you cannot
• 1:11:43
  Speaker 1: trust American people. It's infantile to blame this on Trump
• 1:11:50
  Speaker 1: and not to recognize the real fundamental deep problem in America,
• 1:11:58
  Speaker 1: in our culture, in our politics that made Trump possible.
• 1:12:01
  Speaker 1: All right, shifting to something completely different. This morning we
• 1:12:12
  Speaker 1: got CPI, consumer price inflation numbers. They came in at 3.7%
• 1:12:19
  Speaker 1: for the year ending in September 30th. 0.6% for the month,
• 1:12:23
  Speaker 1: which was exactly what economists expected. But it was the
• 1:12:27
  Speaker 1: biggest monthly rise in five months. Energy was up 5.2%
• 1:12:32
  Speaker 1: in the month. Gasoline up 9.1%. Core inflation, which takes
• 1:12:37
  Speaker 1: out volatile food prices. and energy was up 2.6%. Computers
• 1:12:45
  Speaker 1: up 8.4% year over year. This is because of AI
• 1:12:51
  Speaker 1: hardware demand. And yet, real average hourly earnings, so this
• 1:12:58
  Speaker 1: is average hourly earnings adjusted for inflation, were negative. Negative 0.7%
• 1:13:05
  Speaker 1: over the year. So on average, On average, Americans are
• 1:13:13
  Speaker 1: getting poorer. Real weekly earnings are 0.1% lower. Basically, the
• 1:13:25
  Speaker 1: conclusion is inflation has wiped out wage gains for six months.
• 1:13:32
  Speaker 1: Who is the administration blaming this on? Well, Hassett, economic
• 1:13:38
  Speaker 1: advisor to Trump, Runaway inflation that Joe Biden gave us.
• 1:13:48
  Speaker 1: Inflation is going up. At least inflation as measured by
• 1:13:51
  Speaker 1: the CPI is going up. And this is clearly the inflation,
• 1:13:55
  Speaker 1: the price increases that Donald Trump has given us to
• 1:13:58
  Speaker 1: some extent because of his unfinished war, to some extent
• 1:14:04
  Speaker 1: because of Fed's monetary policy and the ever-increasing federal debt
• 1:14:11
  Speaker 1: The fact that he has shown no, no, no, no indication,
• 1:14:14
  Speaker 1: no hint that he is willing to take on government spending.
• 1:14:33
  Speaker 1: The interest rates are up as a consequence. The two-year
• 1:14:37
  Speaker 1: yield is up to 4.95, almost 5%. And right now,
• 1:14:45
  Speaker 1: traders are pricing in for hikes in the Fed funds
• 1:14:49
  Speaker 1: rate over the coming year. The odds of an October
• 1:14:55
  Speaker 1: hike have gone up to 40 to 43 percent. They
• 1:14:58
  Speaker 1: were 25 percent yesterday or they were 15 percent yesterday.
• 1:15:04
  Speaker 1: Citibank is now forecasting a December hike. The dollar is
• 1:15:07
  Speaker 1: at its highest level since May of 2025. Interest rates high,
• 1:15:11
  Speaker 1: dollar high. Gold is under 4,100, which is interesting. If
• 1:15:15
  Speaker 1: you think about gold as an inflation hedge, why would
• 1:15:18
  Speaker 1: it go down when inflation is going up? Because we're
• 1:15:23
  Speaker 1: now expecting the Fed to do something real about inflation,
• 1:15:26
  Speaker 1: and therefore inflation in the future is going to be lower. Therefore,
• 1:15:28
  Speaker 1: gold should be lower. Maybe. Maybe that's the reasoning. I'll
• 1:15:32
  Speaker 1: let you guys figure it out. Stocks are down. Crude
• 1:15:36
  Speaker 1: oil is up. So, yeah. At the same time, Trump
• 1:15:46
  Speaker 1: still wants lower interest rates, which most economists believe would
• 1:15:49
  Speaker 1: generate more price inflation. And to do that, he has
• 1:15:55
  Speaker 1: to get rid of Lisa Cook or one of the things.
• 1:15:57
  Speaker 1: I mean, he can't get lower interest rates even if
• 1:15:59
  Speaker 1: he gets rid of Lisa Cook. But he's a vendetta.
• 1:16:01
  Speaker 1: He's on a vendetta to get rid of Lisa Cook.
• 1:16:04
  Speaker 1: One way or the other, he wants to get rid
• 1:16:06
  Speaker 1: of Lisa Cook. The court have not allowed him to
• 1:16:08
  Speaker 1: just fire her. including Supreme Court, did not allow him
• 1:16:12
  Speaker 1: to do it. So he is now putting together a
• 1:16:19
  Speaker 1: like a hearing and like a inside panel to judge
• 1:16:26
  Speaker 1: whether she is fit to sit on the Fed board.
• 1:16:32
  Speaker 1: He's named Hassett, Sunderling and Lucas to judge Lisa Cook.
• 1:16:36
  Speaker 1: They were all Trump cronies. And her sin was some
• 1:16:42
  Speaker 1: mortgage allegation that she lied on a mortgage statement. Some
• 1:16:48
  Speaker 1: trivial thing. Anyway, they're going to have this panel and
• 1:16:56
  Speaker 1: I don't know what happens then, whether he thinks this
• 1:16:58
  Speaker 1: panel will somehow provide what's called a fair hearing, which
• 1:17:03
  Speaker 1: will then allow him to fire her and the Supreme
• 1:17:06
  Speaker 1: Court will let it go through. It doesn't really matter
• 1:17:09
  Speaker 1: because The Federal Reserve increased interest rates by unanimous vote
• 1:17:13
  Speaker 1: last time. Now, good. I'm not stating whether I think
• 1:17:16
  Speaker 1: the Fed should increase interest rates or decrease interest rates.
• 1:17:20
  Speaker 1: As I've said many, many times, there's no right answer
• 1:17:22
  Speaker 1: to that in the global scheme of things because the
• 1:17:25
  Speaker 1: only right answer for the Fed is to go away,
• 1:17:29
  Speaker 1: to let the market determine these things. Right? So, yeah.
• 1:17:50
  Speaker 1: Complete mess. Okay. By the way, I'm going to say
• 1:17:53
  Speaker 1: this on the chat. GV161 or whatever, GVI161, you can't post,
• 1:18:00
  Speaker 1: you can't use the chat to post every second. So
• 1:18:05
  Speaker 1: you either stop and you moderate your posting or I'm
• 1:18:09
  Speaker 1: going to block you. But you can't just dominate the chat.
• 1:18:12
  Speaker 1: And just fill it out with your ramblings. So whether
• 1:18:16
  Speaker 1: they're good or bad, I'm not reading them. I haven't
• 1:18:19
  Speaker 1: read them. I don't know. But just, yeah, you can post,
• 1:18:25
  Speaker 1: but post within reason, right? And notice, because you're posting
• 1:18:30
  Speaker 1: so much, nobody else is posting anything, because you just
• 1:18:33
  Speaker 1: dominate the whole chat. So slow down. All right. All right. Yeah,
• 1:18:42
  Speaker 1: I mean, none of this is good. None of this
• 1:18:46
  Speaker 1: is good. Okay. this is out of Israel. Remember, Israel
• 1:18:52
  Speaker 1: is what? Within less than two weeks to an election.
• 1:18:56
  Speaker 1: It's coming up. So, when in Baal, Ronen Bauer was
• 1:19:07
  Speaker 1: the head of the Shin Bet. The Shin Bet is
• 1:19:10
  Speaker 1: the Israeli security forces responsible for internal security. The Mossad
• 1:19:17
  Speaker 1: is external. The Shin Bet is internal. As part of
• 1:19:20
  Speaker 1: internal security, the Shin Bet is also responsible for Gaza
• 1:19:24
  Speaker 1: and for the West Bank. The Shin Bet is renowned
• 1:19:28
  Speaker 1: in the world for security. its efficaciousness, how good it
• 1:19:34
  Speaker 1: is in terms of gathering intelligence, and it also has
• 1:19:39
  Speaker 1: teams that go out and rescue people and assassinate people
• 1:19:44
  Speaker 1: and do what's necessary, and they're extraordinarily good at this.
• 1:19:48
  Speaker 1: When you watch Fauda, Fauda is a unit of the
• 1:19:53
  Speaker 1: Shin Bet, not of the Israeli military, but of the
• 1:19:56
  Speaker 1: Israeli internal security. and they work, of course, closely with
• 1:20:01
  Speaker 1: the military. Anyway, the former head of the Shin Bet,
• 1:20:05
  Speaker 1: the head of the Shin Bet that actually was the
• 1:20:11
  Speaker 1: head of the Shin Bet during October 7th and who
• 1:20:13
  Speaker 1: resigned in its aftermath, has sued Bibi Netanyahu for 3
• 1:20:20
  Speaker 1: million shekel, in other words, about $ 975, 000. He sued him
• 1:20:26
  Speaker 1: at the Central Lord District Court. And he sued him
• 1:20:31
  Speaker 1: over the Prime Minister's September 28th ex post, accusing Barr
• 1:20:37
  Speaker 1: of failures and crimes, of knowing about Hamas threats in
• 1:20:42
  Speaker 1: the hours before October 7th, and choosing not to tell Netanyahu.
• 1:20:49
  Speaker 1: Barr calls it a blood libel. Barr says that on
• 1:20:56
  Speaker 1: the night of October 7th, this is the night before
• 1:20:58
  Speaker 1: October 7th, right? The Shin Bet updated the PM's military
• 1:21:02
  Speaker 1: secretarists at 3.55 a.m. and followed procedure by notifying military
• 1:21:09
  Speaker 1: secretary Avi Gill. Gill is the man who said Friday
• 1:21:13
  Speaker 1: he spoke to Netanyahu at 6.40 in the morning and
• 1:21:16
  Speaker 1: was asked to record it as 6.29. Here's the warning
• 1:21:23
  Speaker 1: calendar from the court filing. On July 23rd, on a
• 1:21:29
  Speaker 1: secure line, this is the head of the Shin Bet
• 1:21:33
  Speaker 1: telling Netanyahu, I am passing you a strategic warning for war.
• 1:21:38
  Speaker 1: Enemies see the internal political division as an opportunity. Only
• 1:21:42
  Speaker 1: a preemptive strike could prevent it. This is the internal strife,
• 1:21:48
  Speaker 1: the internal political division he's talking about is the demonstration's
• 1:21:53
  Speaker 1: over the attempt by the Netanyahu government to bring about
• 1:21:58
  Speaker 1: legal reform in Israel. That's July 23rd. August 21, a, quote,
• 1:22:04
  Speaker 1: dramatic escalation in attacks directed from Gaza. Without offensive, offensive
• 1:22:10
  Speaker 1: action in Gaza, nothing will change. September 14th, again, all
• 1:22:18
  Speaker 1: of this to Netanyahu. quote, an unusual message was received
• 1:22:23
  Speaker 1: from the enemy. Netanyahu's updated about this. September 17th, a, quote,
• 1:22:33
  Speaker 1: vector of conflict that could not be avoided. Deterrence must
• 1:22:38
  Speaker 1: be strengthened immediately. This is two and a half weeks
• 1:22:41
  Speaker 1: before October 7th. On October 1, this is six days
• 1:22:46
  Speaker 1: before the attack, a peak of in terror groups' intentions.
• 1:22:53
  Speaker 1: Israel would be dragged into fighting before the end of
• 1:22:55
  Speaker 1: the holidays. Recommended targeting assassination of key terror leaders. Of course,
• 1:23:02
  Speaker 1: not carried out. A rejected November 2022 recommendation to kill
• 1:23:08
  Speaker 1: SINWA also turned down. Also in his filing, per the reports,
• 1:23:16
  Speaker 1: He refused to use, this is Netanyahu, refused to use
• 1:23:19
  Speaker 1: the Shin Bet as a secret police against protesters. No, sorry,
• 1:23:23
  Speaker 1: this is him, Bar, the head of the Shin Bet. He, Bar,
• 1:23:29
  Speaker 1: refused to use the Shin Bet as a secret police
• 1:23:31
  Speaker 1: against protesters, after Netanyahu had requested that. And government officials
• 1:23:36
  Speaker 1: proposed on the eve of October 7th, allowing Hamas to
• 1:23:39
  Speaker 1: take control of the West Bank. It's pretty brutal. Baus says, quote,
• 1:23:52
  Speaker 1: as the head of the service, I bear responsibility. That
• 1:23:56
  Speaker 1: was in his resignation letter. He resigned. He waited for
• 1:24:00
  Speaker 1: a state commission of inquiry. And after the PM's unbridled outburst,
• 1:24:06
  Speaker 1: decided he couldn't stay silent and sued Netanyahu. Netanyahu on
• 1:24:12
  Speaker 1: the same day said, quote, Bao saw warning signs on
• 1:24:16
  Speaker 1: the night of October 7th and did not call me.
• 1:24:19
  Speaker 1: Now claims he didn't have my phone number. Wenin, are
• 1:24:22
  Speaker 1: you serious? You had my secure red phone number. The
• 1:24:25
  Speaker 1: Xinbet security guards, your subordinates, who are with me 24-7,
• 1:24:29
  Speaker 1: could have reached me within minutes. How many lives could
• 1:24:32
  Speaker 1: we have saved if only you had called in time?
• 1:24:38
  Speaker 1: So this is the argument between them. But here's the thing.
• 1:24:49
  Speaker 1: The Prime Minister of Israel is now arguing that a
• 1:24:51
  Speaker 1: phone call at 4 a.m. on October 7th would have
• 1:24:54
  Speaker 1: saved lives. It would have. The warning existed. It was actionable.
• 1:25:02
  Speaker 1: Why did his subordinates fail to wake him up? And that's,
• 1:25:08
  Speaker 1: of course, on October 7th. What about all the previous warnings?
• 1:25:13
  Speaker 1: On Friday, on Friday, Netanyahu said, that the defense was
• 1:25:17
  Speaker 1: that he was briefed at 629, when he was actually
• 1:25:22
  Speaker 1: briefed at 640, and the numbers were changed. Monday, it
• 1:25:27
  Speaker 1: was Gil's fault because he let me sleep. Today, it's
• 1:25:32
  Speaker 1: Baal should have used the red phone. In other words,
• 1:25:36
  Speaker 1: it's never his fault. He never does anything wrong. It's
• 1:25:40
  Speaker 1: always somebody else's fault. How can you vote for this
• 1:25:45
  Speaker 1: guy again? I mean, as much as you admire his speeches,
• 1:25:48
  Speaker 1: as much as what he says often is inspiring, how
• 1:25:51
  Speaker 1: can you vote for him after all of this? He
• 1:25:57
  Speaker 1: was warned on July 23rd. He was warned on October 1.
• 1:26:03
  Speaker 1: If he'd just taken any of these half seriously, not
• 1:26:09
  Speaker 1: relied on his concept of what Hamas was about, How
• 1:26:16
  Speaker 1: many lives would have been saved? The failure here was
• 1:26:20
  Speaker 1: the failure of the Prime Minister, who spent the summer
• 1:26:24
  Speaker 1: of 2023 on judicial reform, while an intelligence chief is
• 1:26:28
  Speaker 1: telling him the enemy saw the vision as an opening
• 1:26:31
  Speaker 1: and was going to attack. I said this in September.
• 1:26:38
  Speaker 1: The attack came from evasion of known warnings, not missing intelligence.
• 1:26:46
  Speaker 1: known warnings. And I'm not even talking about the warning
• 1:26:49
  Speaker 1: he got from the UAE. I'm not talking about the
• 1:26:52
  Speaker 1: warning he got from the Egyptians. Now, this is also interesting,
• 1:27:02
  Speaker 1: that Baal claims that he was asked to turn the
• 1:27:05
  Speaker 1: Shin Bet on the protesters, and he refused. That is, again, huge. Now,
• 1:27:13
  Speaker 1: the Shin Bet... monitors internal organizations. I know that because
• 1:27:18
  Speaker 1: I was once interrogated by the Shin Bet a long,
• 1:27:21
  Speaker 1: long time ago. That is for another day and another story.
• 1:27:25
  Speaker 1: For being an objectivist, by the way. Because they viewed
• 1:27:29
  Speaker 1: objectivism as a threat to the state of Israel. You're
• 1:27:33
  Speaker 1: not going to find me defending Israel on all counts.
• 1:27:36
  Speaker 1: I'm a huge, huge, huge critic of the state of
• 1:27:41
  Speaker 1: Israel for a variety of reasons. One of them was
• 1:27:43
  Speaker 1: the Shin Bet attack you know, the Shin Bet, but
• 1:27:48
  Speaker 1: turning them on the demonstrators on a political cause. Wow.
• 1:27:53
  Speaker 1: Another disqualification, if true. Now, the government won't allow the
• 1:28:00
  Speaker 1: state commission of inquiry. So we don't know. We don't know.
• 1:28:05
  Speaker 1: We haven't looked. We haven't seen the actual evidence. The
• 1:28:09
  Speaker 1: record of the worst day in Israel's history. is being
• 1:28:13
  Speaker 1: assembled through defamation lawsuits and ex-posts three years later, 13
• 1:28:22
  Speaker 1: days before an election. Where's the inquiry? Why wasn't there one?
• 1:28:34
  Speaker 1: I don't get it. I just don't get it. I
• 1:28:36
  Speaker 1: don't understand anybody. I literally say this again and over
• 1:28:39
  Speaker 1: and over again. I cannot understand anybody who votes for Netanyahu.
• 1:28:45
  Speaker 1: It's just beyond comprehension to me. Whoever you vote for,
• 1:28:50
  Speaker 1: voting for Netanyahu is just beyond comprehension. And then voting
• 1:28:53
  Speaker 1: for somebody who is then going to make Netanyahu prime
• 1:28:56
  Speaker 1: minister is beyond comprehension to me. He needs to lose.
• 1:29:01
  Speaker 1: By the way, Well, we're going to do a show
• 1:29:04
  Speaker 1: on the Israeli election. We'll do a show maybe on Friday,
• 1:29:09
  Speaker 1: maybe tomorrow. We'll do a long segment on the Israeli
• 1:29:12
  Speaker 1: election because I have more to say about it. All right. Again,
• 1:29:18
  Speaker 1: shift topics. This is a story right up my alley.
• 1:29:26
  Speaker 1: It's just so disgusting relating to banking. which is almost
• 1:29:33
  Speaker 1: always a bad story if it relates to banking. Bank
• 1:29:37
  Speaker 1: of America, Bank of America is, well, wait a minute.
• 1:29:42
  Speaker 1: Do this the other way around. Yeah, Bank of America
• 1:29:50
  Speaker 1: is being fined $ 1. 2 billion. $ 1. 2 billion. What did it do?
• 1:29:56
  Speaker 1: What did it do? Did it commit fraud? No. It's
• 1:30:06
  Speaker 1: been filed because it failed to report supposedly $ 5 billion
• 1:30:12
  Speaker 1: of suspicious activity. Treasury claims that $ 1 billion of it
• 1:30:19
  Speaker 1: posed national security risk. No examples, no names given. Treasury
• 1:30:26
  Speaker 1: calls it the third largest penalty in its history. Amex
• 1:30:30
  Speaker 1: paid $ 350 million, American Express paid $ 350 million a week
• 1:30:34
  Speaker 1: earlier for the same thing. But this is the thing. God,
• 1:30:41
  Speaker 1: this should be an hour thing and not a few minutes.
• 1:30:44
  Speaker 1: But here's the reality. Every bank in the United States
• 1:30:47
  Speaker 1: today has to function under two sets of law which
• 1:30:50
  Speaker 1: have never been arbitrated. One is privacy. It's your bank account.
• 1:30:58
  Speaker 1: You have some rights over that bank account in terms
• 1:31:00
  Speaker 1: of keeping it private. In terms of, you know, not
• 1:31:07
  Speaker 1: giving access. Not giving him access. The government access to
• 1:31:18
  Speaker 1: every bank account in America. The government shouldn't have that
• 1:31:20
  Speaker 1: kind of access. There's a law that says, the banking
• 1:31:25
  Speaker 1: privacy law. But then there's the Patriot Act. And the
• 1:31:29
  Speaker 1: Patriot Act says a bank has to report every single
• 1:31:34
  Speaker 1: case of, quote, suspicious activity. What is suspicious activity? Who
• 1:31:41
  Speaker 1: the F knows? Nobody knows. Nobody knows what suspicious activity is.
• 1:31:46
  Speaker 1: It's certainly any kind of cash movement of $ 10, 000 or more.
• 1:31:54
  Speaker 1: So anytime you deal with cash, Not just $ 10, 000, but
• 1:31:59
  Speaker 1: any time you deal with cash. Some banks will view
• 1:32:03
  Speaker 1: that as suspicious. Indeed, regulators have pushed Bank of America
• 1:32:09
  Speaker 1: to lower its alert threshold. So in the past, Bank
• 1:32:14
  Speaker 1: of America had a threshold for alerting the government of
• 1:32:16
  Speaker 1: suspicious activity. And they had about 8,900 suspicious activity reports.
• 1:32:24
  Speaker 1: By 2024, after years of the government just pounding away
• 1:32:27
  Speaker 1: at them, lower the threshold, we want more reports. Now,
• 1:32:31
  Speaker 1: Bank of America sends 200,000 reports to the Treasury. I mean,
• 1:32:45
  Speaker 1: do you think the Treasury reached 200,000 reports? Do you
• 1:32:50
  Speaker 1: think terrorist funding... is safer or more at risk when
• 1:32:56
  Speaker 1: you're filing 200,000 reports instead of 8,900. And of course, 200,000
• 1:33:02
  Speaker 1: means that's a huge percentage of Bank of America's clients
• 1:33:06
  Speaker 1: that are being reported on. So this is just, there's
• 1:33:21
  Speaker 1: no crime here. There's no crime. Nobody's identifying a money launderer.
• 1:33:28
  Speaker 1: Nobody's identifying a victim. No dollars being traced to terrorists
• 1:33:32
  Speaker 1: or to a cartel. I think all of those laws,
• 1:33:35
  Speaker 1: I don't think they should be money laundering laws. It's
• 1:33:38
  Speaker 1: not the bank's job to monitor money laundering. It's not
• 1:33:42
  Speaker 1: a bank's job to decide who's a terrorist and who isn't.
• 1:33:45
  Speaker 1: It's not the bank's job to decide whether you're a
• 1:33:47
  Speaker 1: member of the mafia or not. I mean, you're turning
• 1:33:52
  Speaker 1: the bank into a A state agent that is supposed
• 1:33:57
  Speaker 1: to police its customers. That's ridiculous. The offense here is
• 1:34:05
  Speaker 1: that the bank didn't file enough paperwork about its own customers.
• 1:34:11
  Speaker 1: It got fined $ 1. 2 billion for that. The Bank Secrecy
• 1:34:16
  Speaker 1: Act makes every bank an unpaid, unsworn police force. And
• 1:34:21
  Speaker 1: every depositor a suspect. The same agency writes the standards,
• 1:34:26
  Speaker 1: judges compliance, sets the fine. There's no jury, there's no defendant,
• 1:34:32
  Speaker 1: except the shareholders. And what do regulators demand? 200,000 documents?
• 1:34:42
  Speaker 1: You're not catching any criminals. You're just manufacturing files, which
• 1:34:47
  Speaker 1: is what the government is very, very good at. Nobody
• 1:34:52
  Speaker 1: at the regulator reached 200,000 files. I mean, the system
• 1:34:58
  Speaker 1: rewards you for volume. Doesn't reward you for catching anybody.
• 1:35:14
  Speaker 1: This is insane. It is crazy. But it's part of
• 1:35:18
  Speaker 1: our regulatory regime. This is how we regulate financial institutions.
• 1:35:26
  Speaker 1: The market this morning, Bank of America fell 8%. It
• 1:35:30
  Speaker 1: lost $ 30 billion on one day. On the fine, plus
• 1:35:37
  Speaker 1: it missed some earnings, right? And lost about $ 100 billion
• 1:35:42
  Speaker 1: in paper losses on its bond portfolio, which is expected
• 1:35:46
  Speaker 1: given bond prices going up as much as they have. So, yeah,
• 1:35:52
  Speaker 1: no laundering proven, no victim, no convictions, but $ 1. 12 billion
• 1:35:59
  Speaker 1: fine and $ 30 billion of shareholder wealth wiped out. At
• 1:36:04
  Speaker 1: the same day, today, nine banks have been named for
• 1:36:08
  Speaker 1: debanking The OCC names J.P. Morgan, Bank of America, Citibank,
• 1:36:14
  Speaker 1: Wells Fargo, U.S. Bancorp, Capital One, PNC, TD, and BMO
• 1:36:20
  Speaker 1: for policies that restricted or over-reviewed customers from 2020 to
• 1:36:25
  Speaker 1: September 2025. In other words, the banks had the audacity,
• 1:36:31
  Speaker 1: the chutzpah, to evaluate their customers and reject some of them. Now, supposedly,
• 1:36:42
  Speaker 1: they rejected them based on political reasons. Why is that
• 1:36:46
  Speaker 1: the government's business? Banks are private businesses. They should be
• 1:36:51
  Speaker 1: able to reject anybody for any reason they want. So,
• 1:36:56
  Speaker 1: for example, J.P. Morgan closed a sell-up of Trump merchandise.
• 1:37:04
  Speaker 1: TD refused a COVID-era loan to an anti-immigration non-profit. Capital
• 1:37:11
  Speaker 1: One rejected a reproductive rights group. See, some pandering to
• 1:37:16
  Speaker 1: the left, some pandering to the right. They've all had
• 1:37:21
  Speaker 1: limits on oil and gas, coal, firearms, and tobacco. That
• 1:37:27
  Speaker 1: was part of both Obama and Biden. According to the
• 1:37:34
  Speaker 1: Comptroller of the Currency, the OCC is the Office of
• 1:37:37
  Speaker 1: the Comptroller of the Currency. Ask me sometime about where
• 1:37:41
  Speaker 1: that agency comes from. The Comptroller calls the evidence irrefutable. CFPB,
• 1:37:47
  Speaker 1: the Consumer Financial Protection Board, will fully investigate. The D.C. U.S.
• 1:37:52
  Speaker 1: Attorney has subpoenaed J.P. Morgan and Bank of America. Trump
• 1:37:55
  Speaker 1: is personally suing J.P. Morgan and Capital One over closed accounts.
• 1:38:01
  Speaker 1: Why is it the government's business again? We have no penalties,
• 1:38:08
  Speaker 1: no statute named. The report follows Trump's executive order ending
• 1:38:15
  Speaker 1: reputation risk supervision, whatever the hell that is. Both sides
• 1:38:21
  Speaker 1: get debanked. But why shouldn't a bank be able to
• 1:38:23
  Speaker 1: debank whoever the hell they want? Anyway, yeah. We don't
• 1:38:32
  Speaker 1: live in an environment where financiers are favored. Quite the opposite.
• 1:38:37
  Speaker 1: They hate it. Hate it. All right. I have a
• 1:38:43
  Speaker 1: bunch of other stories, but we are going to skip that.
• 1:38:48
  Speaker 1: Let me just see. Here's a good story. Let's end
• 1:38:54
  Speaker 1: on this, on the achievement side. Idaho, the state of Idaho,
• 1:38:58
  Speaker 1: the state of Idaho has basically cut its administrative code.
• 1:39:03
  Speaker 1: Think of this as regulations, state regulations. Since 2018, the
• 1:39:08
  Speaker 1: state of Idaho has cut its administrative code, its regulations,
• 1:39:12
  Speaker 1: by 49%. They've cut 4,201 pages of This has happened
• 1:39:21
  Speaker 1: because in 2019, through legislation, they reversed the presumption. So
• 1:39:30
  Speaker 1: now every rule that exists must justify its existence. And
• 1:39:39
  Speaker 1: then it has to survive review every five years. So
• 1:39:46
  Speaker 1: you've got a system in the state of Idaho that
• 1:39:49
  Speaker 1: every regulation that exists or that's passed, that's new, has
• 1:39:53
  Speaker 1: to be reviewed and has to, you know, justify itself.
• 1:40:01
  Speaker 1: And that's done on every five years for every rule,
• 1:40:09
  Speaker 1: which is, that's really cool. That's good. It's not perfect.
• 1:40:15
  Speaker 1: It's not what I would want. But it's making Idaho
• 1:40:19
  Speaker 1: a lot less regulated. Now, the guy who ran this
• 1:40:24
  Speaker 1: in Idaho is now HHS, Health and Human Services Administration
• 1:40:29
  Speaker 1: for Children and Families. He says his agency is using
• 1:40:33
  Speaker 1: the same method to try and eliminate 74% of its
• 1:40:38
  Speaker 1: informal guidance, 35,781 pages. Now, I don't know what that
• 1:40:44
  Speaker 1: guidance is, and it doesn't sound like regulation. It sounds
• 1:40:47
  Speaker 1: like just guidance. But, yeah, every agency, government, there should
• 1:40:51
  Speaker 1: be a minimum standard for them to abide by. So,
• 1:40:57
  Speaker 1: at least Idaho, shrinking regulatory burden. All right, everybody. That
• 1:41:04
  Speaker 1: is the news for this Wednesday, October 14th, dominated by
• 1:41:09
  Speaker 1: Hassan Paika. Sorry about that. All right. We will shift
• 1:41:17
  Speaker 1: our Super Chats. And I'll remind you, this show is
• 1:41:21
  Speaker 1: only made possible through the support of you. You out there.
• 1:41:26
  Speaker 1: Super Chat has been generous today, so thank you guys
• 1:41:30
  Speaker 1: for that. We are still, though, $ 88 short of the
• 1:41:34
  Speaker 1: second hour. We're certainly going to make it through the
• 1:41:37
  Speaker 1: second hour, maybe even dip into the third hour. So
• 1:41:40
  Speaker 1: please consider coming forward with $ 88, maybe Super Chat, maybe Stickers,
• 1:41:45
  Speaker 1: either way, is great. Oh, what happened? My Super Chat
• 1:41:52
  Speaker 1: software is bombing on me. Let me restart it. All right,
• 1:41:58
  Speaker 1: looks like it's restarted. All right, let me thank the
• 1:42:01
  Speaker 1: sticker people. Mary Aline, thank you. Rob, thank you. Let's see. Roland,
• 1:42:08
  Speaker 1: thank you. Let's see. Paul, thank you. And Catherine, Catherine
• 1:42:18
  Speaker 1: Loves Objectivism, thank you. And Stephen Harper, thank you. Bonnie,
• 1:42:25
  Speaker 1: Friend Harper, and Cook, thank you guys. Really, really appreciate
• 1:42:29
  Speaker 1: the support. I thought it was 88 a minute ago.
• 1:42:34
  Speaker 1: Now it's 93. Somebody must have backed out his money.
• 1:42:36
  Speaker 1: I don't know what happened. Anyway, 88, 93, it's all
• 1:42:40
  Speaker 1: the same thing. So, yeah, step in and help us.
• 1:42:46
  Speaker 1: make our numbers. So $ 96, a few stickers could get
• 1:42:49
  Speaker 1: us there fairly quickly. $ 250 stickers would get us there.
• 1:42:52
  Speaker 1: A few questions would get us there. So please consider
• 1:42:54
  Speaker 1: doing that. Remind you that Ayn Rand Institute has this
• 1:43:00
  Speaker 1: app that you can download. It has Leonard Peacock courses.
• 1:43:05
  Speaker 1: It has Ayn Rand lectures. It has this new course
• 1:43:09
  Speaker 1: that Don and I did, 12 Hours on Capitalism. Check
• 1:43:12
  Speaker 1: it out. Go to the App Store on Google or
• 1:43:14
  Speaker 1: the App Store on Apple and download the Ironman Institute app. And, yeah,
• 1:43:19
  Speaker 1: I mean, God, I remember when Leonard Peikoff's courses used
• 1:43:23
  Speaker 1: to cost an arm and a leg. And it was
• 1:43:25
  Speaker 1: impossible for me as a student to listen to Leonard
• 1:43:28
  Speaker 1: and to learn from him. It took years for me
• 1:43:31
  Speaker 1: to get the money to be able to do that.
• 1:43:33
  Speaker 1: And now it's all free. It's all free. And some
• 1:43:36
  Speaker 1: of you don't listen to it. What a waste. What
• 1:43:42
  Speaker 1: a waste. Nothing out there is, I think, more valuable
• 1:43:47
  Speaker 1: than Leonard's courses, other than Ayn Rand herself. All right,
• 1:43:53
  Speaker 1: Alex Epstein is the number one authority on all things energy, electricity, power,
• 1:43:58
  Speaker 1: and now data centers. Alex is defending the right to
• 1:44:02
  Speaker 1: build data centers, the value of building data centers. Join him,
• 1:44:08
  Speaker 1: support him. But the best way to do that, and
• 1:44:11
  Speaker 1: really the one that you benefit directly from, is by
• 1:44:15
  Speaker 1: becoming a subscriber to his newsletter, to his Substack. By
• 1:44:22
  Speaker 1: doing that, you will learn a huge amount on those topics.
• 1:44:29
  Speaker 1: I mentioned Substack, and that reminds me. Your on AI
• 1:44:33
  Speaker 1: Substack is up and running and functioning. I know that
• 1:44:36
  Speaker 1: some of you tried to make contributions on Substack for
• 1:44:44
  Speaker 1: the regular Substacks that I'm posting. And it was rejected.
• 1:44:49
  Speaker 1: The payment was rejected. There was a problem with Substack
• 1:44:53
  Speaker 1: and Stripe and the communication between them. I fixed it.
• 1:44:59
  Speaker 1: You can now make contributions on Substack to basically the
• 1:45:03
  Speaker 1: runbook show. or you're on book AI or however you
• 1:45:06
  Speaker 1: want to think about it, but it's all to the
• 1:45:07
  Speaker 1: same bucket that basically pays for my time. So please,
• 1:45:11
  Speaker 1: those of you intended to do it anyway, do it.
• 1:45:14
  Speaker 1: Those of you haven't thought about it, do it. It's
• 1:45:16
  Speaker 1: just another way to support, to support what I do.
• 1:45:22
  Speaker 1: All right. Let's see. Let us. Oh, and of course
• 1:45:26
  Speaker 1: you can go to Patreon or PayPal and become a
• 1:45:29
  Speaker 1: monthly supporter of the Iran book show, which would be amazing.
• 1:45:35
  Speaker 1: All right, James, $ 100 question. Thank you, James. He says,
• 1:45:39
  Speaker 1: the only reason Pica gets a lot of views from
• 1:45:42
  Speaker 1: long streams is because his audience are better unemployed young
• 1:45:46
  Speaker 1: people with time on their hands. I don't think they
• 1:45:49
  Speaker 1: would resonate with your message, and you already put on
• 1:45:52
  Speaker 1: a ton of great content consistently. Yeah, I mean, I
• 1:45:55
  Speaker 1: suspect you're probably right. I don't think the problem I
• 1:45:58
  Speaker 1: have is not enough content consistently. Although it would be
• 1:46:02
  Speaker 1: interesting to try to reach a Twitch audience and to
• 1:46:06
  Speaker 1: see what happens. My audience does skew a little older.
• 1:46:10
  Speaker 1: My audience skews 25 to 45. I would like to
• 1:46:14
  Speaker 1: gain more audience from 15 to 25, those 10 years.
• 1:46:19
  Speaker 1: And I'll go where the audience is to try. I'm
• 1:46:22
  Speaker 1: not trying to get the numbers Pica has. Also, I
• 1:46:26
  Speaker 1: would suggest that given how many people support him financially,
• 1:46:31
  Speaker 1: he must be attracting, uh, another audience as well. Uh,
• 1:46:36
  Speaker 1: audience that, that, that is old enough to have money
• 1:46:39
  Speaker 1: and therefore, uh, support him. Um, I don't know, you know, uh,
• 1:46:45
  Speaker 1: these young people unemployed by choice, uh, not because they
• 1:46:49
  Speaker 1: know jobs. Uh, I think that's important to note. These
• 1:46:52
  Speaker 1: are people playing with Hassan Paika video games in their
• 1:46:55
  Speaker 1: basement and doing Twitch, right? Um, Matt says, Twitch algorithm
• 1:47:05
  Speaker 1: heavily favors constant daily streaming. I stream daily, so it's
• 1:47:10
  Speaker 1: not hard for me to create a constant daily stream.
• 1:47:13
  Speaker 1: Not an eight-hour one, but I do two to three
• 1:47:15
  Speaker 1: hours every single day. So that has to have some
• 1:47:18
  Speaker 1: value in the Twitch algorithm. If I can figure out
• 1:47:22
  Speaker 1: how to automatize the streaming on Twitch, I don't want
• 1:47:31
  Speaker 1: to create an extra stream for them. Thank you, James.
• 1:47:35
  Speaker 1: Really appreciate the support. Michael, $ 50 question. Is the saying
• 1:47:39
  Speaker 1: you can be here today and gone tomorrow based on
• 1:47:43
  Speaker 1: a malevolent universe premise? It seems to imply death and
• 1:47:46
  Speaker 1: destruction are always around the corner. Be grateful and paranoid
• 1:47:51
  Speaker 1: when you're still alive. I mean, yeah, there's an element
• 1:47:54
  Speaker 1: of that. But there's also an element of your life
• 1:48:00
  Speaker 1: is short. Life is short. 90, 100 years, which is
• 1:48:05
  Speaker 1: what your lives are probably going to be. It's short.
• 1:48:08
  Speaker 1: Take it from a 65-year-old. It's short. And you want
• 1:48:14
  Speaker 1: to make the most of what you got. So live
• 1:48:18
  Speaker 1: a if life is short. So in that sense, it
• 1:48:23
  Speaker 1: could be a positive thing. So it really depends on
• 1:48:26
  Speaker 1: the context in which it's told. I think you're right
• 1:48:29
  Speaker 1: that mostly, mostly, I think you're right that it's more
• 1:48:36
  Speaker 1: of a malevolent statement. about expect disaster tomorrow. All right.
• 1:48:50
  Speaker 1: Thank you, Michael. Notch average algorithm, a two-part $ 50 each
• 1:48:55
  Speaker 1: part question. That's 100 bucks. Thank you. All right. Nazism
• 1:48:59
  Speaker 1: and leftism are loser philosophies. People with low self-esteem, seething
• 1:49:04
  Speaker 1: with fear and resentment, gravitate towards these ideologies. Even though
• 1:49:09
  Speaker 1: technology and wealth keep improving, our educational system is monopolized
• 1:49:14
  Speaker 1: by egalitarianism. So our children are not able to function
• 1:49:19
  Speaker 1: in a meritocratic market system once they leave these educational institutions.
• 1:49:25
  Speaker 1: This is why Nazism and communism is making such a
• 1:49:27
  Speaker 1: strong comeback. You know, that's not exactly accurate because the
• 1:49:33
  Speaker 1: reality is that, as I've told you before, employment among
• 1:49:39
  Speaker 1: Gen Zers, the young, is high. Income is high, which
• 1:49:47
  Speaker 1: means they are able to function in the meritocratic market
• 1:49:51
  Speaker 1: out there. There are many founders in Silicon Valley who
• 1:49:55
  Speaker 1: are Gen Zers. There are lots of people working in
• 1:49:59
  Speaker 1: tech who are Gen Zers. Gen Zers are not a
• 1:50:02
  Speaker 1: generation of losers from the economic perspective. They are losers psychologically.
• 1:50:10
  Speaker 1: They think their lives are awful. They think the world
• 1:50:13
  Speaker 1: is against them. They're paranoid. And they are, you know, depressed.
• 1:50:20
  Speaker 1: And that, I think, has to do a lot with
• 1:50:21
  Speaker 1: the educational system. And they have learned that their feelings
• 1:50:27
  Speaker 1: are primary. This goes back to microaggressions and, you know,
• 1:50:35
  Speaker 1: universities having rooms with... with cuddly bears that people can
• 1:50:40
  Speaker 1: run to and their feelings might be hurt by some
• 1:50:42
  Speaker 1: passage they read in their literature class. You know, a
• 1:50:51
  Speaker 1: toolbox says it's not the income, it's the asset inflation.
• 1:50:55
  Speaker 1: I've gone through this so many times, so many, so
• 1:50:58
  Speaker 1: many times. The reality is that if you look at
• 1:51:03
  Speaker 1: the asset inflation, you adjust it for income. This generation
• 1:51:08
  Speaker 1: can afford more than previous generations can at their age.
• 1:51:12
  Speaker 1: I know you don't want to believe that. You're screwed.
• 1:51:16
  Speaker 1: Housing has screwed you. Now, this is particularly true if
• 1:51:20
  Speaker 1: you get out of certain parts of California and you
• 1:51:24
  Speaker 1: get out of New York. Pretty much everywhere else, housing
• 1:51:28
  Speaker 1: is more affordable relative to income than it's been in
• 1:51:31
  Speaker 1: a very long time. ratios of rent to average income
• 1:51:40
  Speaker 1: are low right now and have come down significantly over
• 1:51:44
  Speaker 1: the last few years since they peaked during COVID. Now,
• 1:51:49
  Speaker 1: it's true, it's still impossible to rent and buy in
• 1:51:54
  Speaker 1: San Francisco or in New York or in certain parts
• 1:51:57
  Speaker 1: of LA. But again, your income is higher than any
• 1:52:02
  Speaker 1: other generation at your age. Assets are more expensive, but
• 1:52:06
  Speaker 1: you also, the assets you want, houses, for example, you're
• 1:52:11
  Speaker 1: buying much, much, much bigger and nicer houses than your
• 1:52:15
  Speaker 1: parents did and your grandparents did. And those houses are
• 1:52:22
  Speaker 1: so much better equipped. You don't even have to move
• 1:52:27
  Speaker 1: to Ohio or Oklahoma. You can move to Austin, Texas,
• 1:52:30
  Speaker 1: where rents are super cheap, or Dallas or Houston. which
• 1:52:34
  Speaker 1: are great cities. You can move to Phoenix, Arizona. You
• 1:52:39
  Speaker 1: can move to Atlanta, Georgia, another great city. There are
• 1:52:42
  Speaker 1: lots of places to move to. But yeah, it's expensive.
• 1:52:46
  Speaker 1: If you want to live in San Francisco, it's expensive.
• 1:52:48
  Speaker 1: But don't tell me all Gen Zers live in California.
• 1:52:51
  Speaker 1: Not all Gen Zers live in New York. And yet
• 1:52:54
  Speaker 1: Gen Zers are all complainers, constantly complaining. But the reality
• 1:53:02
  Speaker 1: is it's been unbelievably expensive to live in the Bay
• 1:53:05
  Speaker 1: Area since 2000, since the dot-com bubble. And then we
• 1:53:14
  Speaker 1: thought real estate prices would come down and the dot-com
• 1:53:17
  Speaker 1: bubble burst, and they didn't. That was a surprise. I remember.
• 1:53:21
  Speaker 1: I was living in the Bay Area at that time.
• 1:53:24
  Speaker 1: And then it continued going up. Idaho, a lot of
• 1:53:27
  Speaker 1: Californians moved to Idaho. Boise, Idaho is a very nice
• 1:53:30
  Speaker 1: place to live. So The point is that, you know,
• 1:53:39
  Speaker 1: if you're going to complain, then complain about housing regulations. Yeah,
• 1:53:54
  Speaker 1: I mean, if you want to buy somewhere in Manhattan
• 1:53:59
  Speaker 1: overlooking the Hudson, you're going to pay a lot of money,
• 1:54:02
  Speaker 1: a lot of money. Those are choices. We choose to
• 1:54:09
  Speaker 1: live in New York. But if you want to complain
• 1:54:13
  Speaker 1: about that, you should be complaining about the lack of building.
• 1:54:20
  Speaker 1: Not about anything else. Not about anything else. A starter
• 1:54:31
  Speaker 1: home today. How many square foot is a starter home, Monkees?
• 1:54:34
  Speaker 1: Monkey says half a million dollars is a starter home.
• 1:54:37
  Speaker 1: What's a starter home today? I'm curious what square footage
• 1:54:42
  Speaker 1: a starter home is today. Should I ask ChatGPT? Ask
• 1:54:50
  Speaker 1: ChatGPT because this keeps coming up. What is square foot
• 1:54:58
  Speaker 1: of a starter home today? I'm curious what he's going
• 1:55:09
  Speaker 1: to say, because I don't know what the number is exactly.
• 1:55:16
  Speaker 1: Chachubi D's thinking. Thinking. Thinking. Well, but Monkees said it's
• 1:55:21
  Speaker 1: half a million. And again, they don't build starter homes.
• 1:55:25
  Speaker 1: What does that even mean? And where? Where don't they
• 1:55:28
  Speaker 1: build starter homes? They don't build starter homes in Manhattan
• 1:55:31
  Speaker 1: for a variety of related to code. A starter home
• 1:55:40
  Speaker 1: in the U.S. is roughly 1,000 to 1,500 square feet.
• 1:55:45
  Speaker 1: That's the ballpark of 1,400 square feet, reasonable single home,
• 1:55:49
  Speaker 1: single number estimate. For comparison, the median newly built home, median,
• 1:55:55
  Speaker 1: half a smaller, half a bigger, was 2,050 square feet.
• 1:56:02
  Speaker 1: I'm going to just ask, what was it in 1995?
• 1:56:11
  Speaker 1: I'm just curious. Because that's around when I bought my
• 1:56:14
  Speaker 1: first home. I bought my first home. It cost me $ 330, 000. $ 330, 000, right?
• 1:56:24
  Speaker 1: It was a starter home, 1,400, 1,500 square feet, something
• 1:56:26
  Speaker 1: like that. And that was in 1995, right? In today's dollars,
• 1:56:40
  Speaker 1: that's half a million dollars. So it's the same cost
• 1:56:45
  Speaker 1: as I paid back then. And I was making at
• 1:56:48
  Speaker 1: the time, just so you get a sense, $ 64, 000 a year.
• 1:56:52
  Speaker 1: Maybe let's double that. So today that would be worth $ 130, 000. Yeah,
• 1:56:55
  Speaker 1: so $ 1, 400 was also started home in 1990, according to
• 1:57:02
  Speaker 1: Chad GPT. Median home was smaller in 1990 than it
• 1:57:10
  Speaker 1: is today. Yeah, so I understand starter homes in the
• 1:57:17
  Speaker 1: Bay Area, this was in the Bay Area, not that
• 1:57:19
  Speaker 1: much bigger than mine. Yeah, you don't see homes below 1,800
• 1:57:24
  Speaker 1: square feet. I don't know where you live, but 1,800
• 1:57:27
  Speaker 1: square feet is big for a starter home. But it
• 1:57:32
  Speaker 1: depends where you live. Depends where you live. All right.
• 1:57:39
  Speaker 1: Thank you. Thank you, Dr. Yavage. I'll go with them.
• 1:57:41
  Speaker 1: Harper Campbell. Does the root of all bad behavior or
• 1:57:47
  Speaker 1: nihilistic thinking stem from self-hatred? What process is necessary to
• 1:57:52
  Speaker 1: occur for a person to begin hating themselves? Furiosity complex,
• 1:57:57
  Speaker 1: beginning an early child because other kids were outperforming them. Again,
• 1:58:02
  Speaker 1: I mean, too much of an attempt to explain this
• 1:58:07
  Speaker 1: in terms of external stimuli. The fundamental answer is you
• 1:58:13
  Speaker 1: don't know. You can find a kid who's bullied and
• 1:58:17
  Speaker 1: learns to hate himself. You can find a kid who's
• 1:58:20
  Speaker 1: bullied who learns to stand up for himself and gain self-esteem.
• 1:58:27
  Speaker 1: Why does one choose the one path and the other
• 1:58:30
  Speaker 1: choose the other path. But the reality is, at some point,
• 1:58:35
  Speaker 1: a child comes to the conclusion that reality is against them,
• 1:58:40
  Speaker 1: that they are not fit for this world, that they
• 1:58:43
  Speaker 1: cannot survive, they cannot thrive, they cannot be happy, they
• 1:58:46
  Speaker 1: cannot be successful in this world. And for whatever reason,
• 1:58:55
  Speaker 1: they come to that conclusion, and There might be some
• 1:59:01
  Speaker 1: external reason for it, right? And, you know, there might
• 1:59:12
  Speaker 1: be some external reason for that. I don't know if
• 1:59:15
  Speaker 1: they're bullied or their parents, you know, abused them or whatever,
• 1:59:18
  Speaker 1: but they might not be. And, you know, so it's
• 1:59:23
  Speaker 1: a choice. It's a decision, right? You can raise kids really,
• 1:59:29
  Speaker 1: really well, and they can turn out to be crappy.
• 1:59:33
  Speaker 1: So it's not from their external environment. It's from the decisions,
• 1:59:37
  Speaker 1: the choices they make as children and later as teenagers
• 1:59:43
  Speaker 1: that shape who they become as adults. And I know
• 1:59:47
  Speaker 1: that's hard. That's hard. But it's fundamentally a hatred of existence,
• 1:59:53
  Speaker 1: not a hatred of themselves. They have to stop by
• 1:59:56
  Speaker 1: hating the world in which they live. All right. Adam,
• 2:00:05
  Speaker 1: your take on Musk blocking images and starlink to Ukraine,
• 2:00:08
  Speaker 1: blocking early warning of Russia strikes on Ukraine, including blocking
• 2:00:11
  Speaker 1: warnings to Ukraine, including civilians to take shelter before Russian
• 2:00:16
  Speaker 1: projectile arrive. My take is not that Musk did it,
• 2:00:21
  Speaker 1: that Trump did it. Musk isn't responsible for blocking warnings
• 2:00:26
  Speaker 1: to Ukraine. That is a Pentagon thing. So that is U.S. intelligence.
• 2:00:33
  Speaker 1: And then I believe that Trump's lackeys asked Musk to block,
• 2:00:42
  Speaker 1: not images on Starlink, but blocked, what do you call it,
• 2:00:49
  Speaker 1: a bandwidth signal. for the drones, for specific use, so
• 2:00:54
  Speaker 1: that the drones would fly slower. This is what I've read.
• 2:00:57
  Speaker 1: I don't know enough about the technical aspects. But I
• 2:00:59
  Speaker 1: believe this is all part of the effort of the
• 2:01:03
  Speaker 1: Trump administration to put pressure on Ukraine to stop bombing refineries,
• 2:01:09
  Speaker 1: to give up, in a sense, to surrender in the
• 2:01:12
  Speaker 1: name of Trump's wanting diesel prices to come down, and
• 2:01:16
  Speaker 1: more importantly, in the name of Trump wanting himself to
• 2:01:19
  Speaker 1: surrender to Putin. That is my take. Andrew, I think
• 2:01:32
  Speaker 1: central purpose is important concept rarely talked about by objectivists. Really?
• 2:01:38
  Speaker 1: Or when discussed, its value is often questioned. I don't
• 2:01:41
  Speaker 1: know when that happens. It has large psychological import for
• 2:01:45
  Speaker 1: applying objectivism to personal values. I think that's right. Why
• 2:01:49
  Speaker 1: your life appears full of hustle and bustle. I surmise
• 2:01:55
  Speaker 1: you experience a feeling of overarching organization rather than chaos
• 2:02:04
  Speaker 1: as your activities are aligned by your central purpose, right
• 2:02:07
  Speaker 1: or wrong? No, absolutely. I don't know why you think
• 2:02:10
  Speaker 1: it's not talked about by objectivists. I think it is.
• 2:02:15
  Speaker 1: I think it's talked a lot about by objectivists. Central
• 2:02:19
  Speaker 1: purpose is the integrating purpose of is a thing that
• 2:02:22
  Speaker 1: integrates your life, that organizes your life, that gives it overarching,
• 2:02:27
  Speaker 1: in a sense, purpose. Right? And therefore, a direction. And therefore, organization.
• 2:02:35
  Speaker 1: And it's crucial to success at living, not success as
• 2:02:41
  Speaker 1: a career. That requires it as well. But it's success
• 2:02:43
  Speaker 1: at living. So... Yeah, I think it's crucially important. Rand
• 2:02:53
  Speaker 1: emphasizes it. Many objectivists talk about it. And I think
• 2:02:57
  Speaker 1: that's right. Your career is the integrating thing that your
• 2:03:03
  Speaker 1: life revolves around. And you need something, whether it's a
• 2:03:07
  Speaker 1: career or kind of professionalized hobby or something that you
• 2:03:12
  Speaker 1: care enough about that you organize your time, your effort around,
• 2:03:17
  Speaker 1: where you have a clear purpose. around. For most people,
• 2:03:22
  Speaker 1: it's career, but not for everybody. And it helps you
• 2:03:28
  Speaker 1: prioritize how to spend your time. It makes the chaos
• 2:03:34
  Speaker 1: of life, it allows you to organize that chaos. It
• 2:03:41
  Speaker 1: allows you to make it manageable, if you will. Stephen says,
• 2:03:48
  Speaker 1: the 1979 movie The Riddle of the Sands, never heard
• 2:03:52
  Speaker 1: of it, is a fictional adventure about a British yachtsman
• 2:03:56
  Speaker 1: in 1901 investigating a plot by Imperial Germany to invade
• 2:04:00
  Speaker 1: England via the Frisian Islands. It caused a big scandal
• 2:04:05
  Speaker 1: in 1901. Huh. I've never heard of the movie. I've
• 2:04:09
  Speaker 1: never heard of that, you know, conspiracy. And interesting. Interesting. Interesting.
• 2:04:16
  Speaker 1: I'll have to check it out. Thank you. All right. Matthew.
• 2:04:30
  Speaker 1: Matthew just says thank you. Thank you, Matthew. Cook says,
• 2:04:33
  Speaker 1: but Hassan Piker just wants free health care. Just free
• 2:04:39
  Speaker 1: health care and free housing and free everything. Everything should
• 2:04:44
  Speaker 1: be free. Money. is the root of all evil, say
• 2:04:48
  Speaker 1: the communists and the Christians. Liam, can you announce the
• 2:04:56
  Speaker 1: big name you were debating in San Francisco next month?
• 2:04:59
  Speaker 1: What is the exact date? I'll be in the Bay
• 2:05:02
  Speaker 1: Area in November. I don't have the name, so I
• 2:05:06
  Speaker 1: will announce it as soon as I have it. I
• 2:05:08
  Speaker 1: thought it was a big name, but I still don't
• 2:05:10
  Speaker 1: have the name, which is Worrying, but we don't have
• 2:05:14
  Speaker 1: it yet. Anyway, it's November 14th. It's a Saturday night,
• 2:05:19
  Speaker 1: and it'll be me and Nikos versus a couple of
• 2:05:22
  Speaker 1: people that I'm debating, and I'm not sure who they are.
• 2:05:27
  Speaker 1: As soon as I have info, I will share it. Cook,
• 2:05:33
  Speaker 1: if you have not yet, you might want to check
• 2:05:35
  Speaker 1: out Ethan Klein's video on PICA. They co-host a podcast
• 2:05:41
  Speaker 1: together before having a falling out. All right. I haven't.
• 2:05:45
  Speaker 1: I'll check it out. Friend Hopper, if you do a
• 2:05:50
  Speaker 1: long stream, you should do your News Roundup research live
• 2:05:55
  Speaker 1: at the same time. I think people could be interested
• 2:05:57
  Speaker 1: in your process. Could casually chat and still take money
• 2:06:03
  Speaker 1: for the questions. Yep. We'll probably do that for eight hours.
• 2:06:08
  Speaker 1: I'd have to find something to do. I'd probably pull
• 2:06:10
  Speaker 1: up things like the Wall Street Journal and look at
• 2:06:12
  Speaker 1: the articles and comment live on the articles and what
• 2:06:16
  Speaker 1: they're saying. I could probably do that with a number
• 2:06:19
  Speaker 1: of other newspapers. Matt says, Destiny has people bring topics
• 2:06:24
  Speaker 1: to his show they want to discuss with him. You
• 2:06:26
  Speaker 1: should make the argument that Pica, a principled socialist, will...
• 2:06:35
  Speaker 1: Will something. I'm not sure where that goes. Where's number two? Oh,
• 2:06:38
  Speaker 1: always win over Destiny, who is a mixed economics. I
• 2:06:43
  Speaker 1: think he will take the bait and engage with you more.
• 2:06:51
  Speaker 1: They are past friends and now big rivals. All right.
• 2:06:55
  Speaker 1: Might be a way to approach Destiny. Kim, part of
• 2:06:59
  Speaker 1: me wants to think that Hassan is trolling. He can't
• 2:07:02
  Speaker 1: be this stupid and evil. No, he really is. Maybe
• 2:07:05
  Speaker 1: not stupid because it makes him a lot of money
• 2:07:08
  Speaker 1: and he's being reinforced by a lot of people, but
• 2:07:11
  Speaker 1: definitely evil, definitely evil. Cook, do you think it's worth
• 2:07:16
  Speaker 1: it to vote Republican against PICA, DSA aligned candidates like
• 2:07:20
  Speaker 1: Abdul El-Sayed if the goal is to encourage Democrats to
• 2:07:24
  Speaker 1: move to the middle heading into 2028? Yes, but I
• 2:07:27
  Speaker 1: think you have to do it very, very selectively. There
• 2:07:30
  Speaker 1: are very few candidates that are really that bad. Mostly,
• 2:07:34
  Speaker 1: I recommend voting straight Democrat. But there are a few
• 2:07:40
  Speaker 1: Democrats that are so disgusting, I couldn't bring myself to vote,
• 2:07:43
  Speaker 1: and then maybe voting against them with the hope that
• 2:07:46
  Speaker 1: they lose or staying home. Adam, please correct misinformation. Poland,
• 2:07:54
  Speaker 1: not U.S., pays for Starlink for Ukraine. Polish foreign minister, Polish...
• 2:08:00
  Speaker 1: did not consent to new limit. According to the sources
• 2:08:05
  Speaker 1: I read, the Pentagon pays for Starlink, but I will
• 2:08:09
  Speaker 1: check those resources. I will check and let you know
• 2:08:13
  Speaker 1: tomorrow what I find out. I'll do the research. Who
• 2:08:16
  Speaker 1: pays for Starlink? All right. Toolboxy trade. Value for value.
• 2:08:30
  Speaker 1: Thank you. Thank you. Appreciate it. Daniel, if Trump-Musk turned
• 2:08:35
  Speaker 1: off Starlink to the Ukrainians so Trump could flex and
• 2:08:39
  Speaker 1: Ukrainians died because their defense depends on it, is that criminal?
• 2:08:43
  Speaker 1: Should it be? No. I mean, foreign policy is not criminal, right?
• 2:08:48
  Speaker 1: It's criminal morally. It's evil morally. And it should be
• 2:08:54
  Speaker 1: dealt without that. This is why by any means Trump
• 2:08:58
  Speaker 1: needs to be defeated. Co-weave looks like it could be
• 2:09:06
  Speaker 1: the canary in the coal mine on the AI credit issue.
• 2:09:10
  Speaker 1: Circular financing down 16% today. Interesting. Co-weave. I'll have to
• 2:09:15
  Speaker 1: look at that. I have to look at that and
• 2:09:20
  Speaker 1: what it might represent in terms of where we're heading. Weave.
• 2:09:25
  Speaker 1: All right. Thank you, Toolbox. All right. I like numbers.
• 2:09:30
  Speaker 1: Peter Schwartz is endorsing the DSA, presenting it like they
• 2:09:33
  Speaker 1: just want social life medicine. Didn't he turn out to
• 2:09:36
  Speaker 1: be the biggest sanctioner of all? I mean, this is
• 2:09:40
  Speaker 1: why I suspect you really are, Scott, because only Scott
• 2:09:45
  Speaker 1: that I know of, only Scott would be this dishonest.
• 2:09:50
  Speaker 1: Peter Schwartz did not endorse the DSA. He did not
• 2:09:53
  Speaker 1: endorse Democrats for that matter. Telling people to vote strategically
• 2:09:58
  Speaker 1: against Republicans is not endorsing anybody. And he didn't say
• 2:10:03
  Speaker 1: they just want socialized medicine. That is not what he wrote. Again,
• 2:10:07
  Speaker 1: you're being dishonest. He wrote it's what they would get, right?
• 2:10:12
  Speaker 1: That the most that they can achieve is socialized medicine. And,
• 2:10:17
  Speaker 1: you know, within a Democratic Party, that doesn't want the
• 2:10:19
  Speaker 1: rest of their socialism. So you might disagree with Peter Schwartz.
• 2:10:22
  Speaker 1: But again, he didn't endorse the DSA. What he endorsed
• 2:10:26
  Speaker 1: was voting against Republicans. And I second that, third that,
• 2:10:31
  Speaker 1: fourth that, fifth that. And if you frigging listen to me,
• 2:10:36
  Speaker 1: when I told you not to vote for Trump, we
• 2:10:38
  Speaker 1: wouldn't be in this disaster caused by Trump. Endorsing voting
• 2:10:47
  Speaker 1: against a political party is not endorsing that political party.
• 2:10:52
  Speaker 1: It's not endorsing any political party. Endorsing voting against Republicans
• 2:10:57
  Speaker 1: is not endorsing Democrats, and it's certainly not endorsing DSA. Again,
• 2:11:07
  Speaker 1: you're just being dishonest. He was calling for people to
• 2:11:18
  Speaker 1: vote straight across the board Democratic. That is not endorsing Democrats.
• 2:11:23
  Speaker 1: Because he said why? He didn't say vote Democratic because
• 2:11:28
  Speaker 1: they're the good guys. Vote Democratic because they'll have good policies.
• 2:11:32
  Speaker 1: Vote Democratic because I like Democrats. He said vote Democratic
• 2:11:36
  Speaker 1: because the Republicans finally need to feel the sting of
• 2:11:41
  Speaker 1: having not just elected Donald Trump, but doing everything Donald
• 2:11:46
  Speaker 1: Trump wants, and you continue to be the dishonest self
• 2:11:51
  Speaker 1: that you are. All right, Jamie, 50 Canadian dollars. All right,
• 2:12:00
  Speaker 1: Sam Seder said tax rates should be like 50s to 60s.
• 2:12:04
  Speaker 1: 90% over 400K, 3 million in today's dollars. All right.
• 2:12:14
  Speaker 1: Not for the government revenue, but because it would incentivize
• 2:12:16
  Speaker 1: businesses to hire more labor as opposed to just losing
• 2:12:21
  Speaker 1: it in taxes. Can you debunk this? Thank you. So
• 2:12:27
  Speaker 1: this isn't, this should be, I assume, a corporate tax.
• 2:12:31
  Speaker 1: This should be a corporate tax because labor is then
• 2:12:33
  Speaker 1: deductible and they pay less taxes at the corporate level,
• 2:12:36
  Speaker 1: not at the individual level, right? Can I debunk it? No.
• 2:12:46
  Speaker 1: I mean, sure, I can debunk it, right? So they
• 2:12:50
  Speaker 1: would hire more labor, which would mean they become less profitable.
• 2:12:56
  Speaker 1: Their products would deteriorate. And, you know, they would be
• 2:13:04
  Speaker 1: competing with companies, you know, outside the United States where
• 2:13:11
  Speaker 1: they were not forced into this active productivity suicide, and
• 2:13:18
  Speaker 1: they would all go out of business. And when they
• 2:13:20
  Speaker 1: all went out of business, they would have to fire
• 2:13:25
  Speaker 1: not just the employees they hired, but everybody else. So
• 2:13:31
  Speaker 1: the immediate consequences might be spending money on all kinds
• 2:13:35
  Speaker 1: of stuff, hiring labor, building buildings, buying automobiles, maybe cars,
• 2:13:42
  Speaker 1: maybe sending all the staff on nice vacations, I don't know,
• 2:13:45
  Speaker 1: ramping up expenses in order to reduce profits so they
• 2:13:48
  Speaker 1: paid less taxes. Maybe part of that is hiring more labor,
• 2:13:53
  Speaker 1: but then they become dramatically less efficient because if that
• 2:13:58
  Speaker 1: increased efficiency, they would hire the labor anyway, and that
• 2:14:02
  Speaker 1: would make them less profitable, which would force them, force them, to, whoops,
• 2:14:14
  Speaker 1: what is going on here? Force them then to lay
• 2:14:16
  Speaker 1: off the people. Yeah, so that's it. They hire the labor,
• 2:14:20
  Speaker 1: profits go down, maybe even to negative because they become
• 2:14:24
  Speaker 1: less productive, they're less effective in selling stuff. And they
• 2:14:28
  Speaker 1: have to lay off all these laborers that they hire.
• 2:14:30
  Speaker 1: And then if you add in competition from abroad, now
• 2:14:34
  Speaker 1: you could argue just have 100% tariffs on all goods
• 2:14:37
  Speaker 1: from abroad. You could do that. And then at the
• 2:14:40
  Speaker 1: same time as you hired a lot of people, What
• 2:14:42
  Speaker 1: would happen is standard of living, quality of life would tumble,
• 2:14:47
  Speaker 1: would collapse in the United States. It's just, it's stupid.
• 2:14:52
  Speaker 1: It really is stupid. It shows a complete and utter,
• 2:14:59
  Speaker 1: complete and utter ignorance of economics. It is the broken
• 2:15:04
  Speaker 1: window fallacy. I encourage you to read Economics in One Lesson,
• 2:15:08
  Speaker 1: which refutes this through and through. It's just an example
• 2:15:13
  Speaker 1: of zero sum. Well, no, an example of complete ignorance
• 2:15:19
  Speaker 1: in economics and a belief in zero sum economics. Why
• 2:15:23
  Speaker 1: doesn't the government just hire a bunch of people to
• 2:15:26
  Speaker 1: dig ditches and then fill them up again and dig
• 2:15:29
  Speaker 1: more ditches and fill them up again? And now that
• 2:15:32
  Speaker 1: would that would increase employment. That's good. Right. Well, the
• 2:15:36
  Speaker 1: money has to come from somewhere. Here he's saying the
• 2:15:40
  Speaker 1: money comes from the pockets of the so-called capitalists. But
• 2:15:43
  Speaker 1: who are the capitalists? The pension plans, the insurance companies,
• 2:15:46
  Speaker 1: your 401k. So you become poorer because the stocks all
• 2:15:52
  Speaker 1: drop in value. Less investment gets made in the economy
• 2:15:56
  Speaker 1: more broadly. This is beyond even the argument about the
• 2:15:59
  Speaker 1: firm itself. Less investment happens in the economy more broadly.
• 2:16:03
  Speaker 1: So jobs collapse. New jobs are not created in new ventures.
• 2:16:08
  Speaker 1: All the jobs get created in these companies trying to
• 2:16:11
  Speaker 1: avoid taxes. But those companies become less efficient and, therefore,
• 2:16:17
  Speaker 1: decline in profitability, and they end up laying off people.
• 2:16:19
  Speaker 1: So the economic catastrophe that that would cause is hard
• 2:16:24
  Speaker 1: to imagine, given his logic. Now, I don't think it
• 2:16:29
  Speaker 1: doesn't play out exactly like that, but, you know, let's
• 2:16:33
  Speaker 1: grant him that they hire people. A disaster, long term.
• 2:16:38
  Speaker 1: Long term means months, not even years. Jamie just learned
• 2:16:45
  Speaker 1: AOC has an econ degree how can she be so
• 2:16:47
  Speaker 1: economically illiterate if so because she doesn't care about economics
• 2:16:51
  Speaker 1: she cares about what's right and what's moral that's a
• 2:16:54
  Speaker 1: thing that the people who are on the free market
• 2:16:57
  Speaker 1: side don't understand people don't choose based on economics people
• 2:17:02
  Speaker 1: don't vote based on economics people choose and people vote
• 2:17:06
  Speaker 1: based on morality and AOC gets that so she doesn't
• 2:17:11
  Speaker 1: care if it's economically feasible She cares about whether it's
• 2:17:13
  Speaker 1: right or wrong. And if somebody's need justifies redistribution of wealth,
• 2:17:20
  Speaker 1: then you do it, whether it's economically right or not. Plus,
• 2:17:26
  Speaker 1: who knows who her teachers were in economics? Could have been,
• 2:17:31
  Speaker 1: you know, statist economists. They probably were. Jamie, can USA
• 2:17:37
  Speaker 1: end the Iranian regime without U.S. casualties, bomb and drones alone?
• 2:17:43
  Speaker 1: If so, what is Trump afraid of? I mean, it's
• 2:17:46
  Speaker 1: hard without putting, probably putting... troops on some of the
• 2:17:50
  Speaker 1: islands in the state of homos um it's hard without
• 2:17:56
  Speaker 1: somebody on the ground rising up against the iranians so
• 2:18:00
  Speaker 1: you would have to build up um uh the iranian
• 2:18:04
  Speaker 1: opposition on them and supply them but look what is
• 2:18:09
  Speaker 1: Trump afraid of? He's afraid of the fact that the
• 2:18:12
  Speaker 1: Iranians can launch massive quantities of ballistic missiles against Saudi, Kuwaiti, Bahraini, uh, uh,
• 2:18:21
  Speaker 1: you know, UAE oil facilities. And the fact is that
• 2:18:25
  Speaker 1: the United States does not have enough ground to air
• 2:18:27
  Speaker 1: missiles to protect them. A war, which is just bombs
• 2:18:31
  Speaker 1: and drones, where the definition be longer than a war
• 2:18:34
  Speaker 1: with ground troops. Um, And the Iranians in the meantime
• 2:18:38
  Speaker 1: can inflict enormous damage on these Gulf countries. That will
• 2:18:43
  Speaker 1: cause oil prices to go way up. To properly defend
• 2:18:47
  Speaker 1: those countries probably requires more air defense systems, but also
• 2:18:53
  Speaker 1: maybe ground troops to capture the underground facilities where the
• 2:19:01
  Speaker 1: Iranians hold all these missiles and destroy them because they
• 2:19:04
  Speaker 1: cannot be destroyed from the air. Because they're so deep
• 2:19:07
  Speaker 1: down into tunnels. You probably ultimately, to minimize the damage,
• 2:19:12
  Speaker 1: you probably need ground troops. Not a lot, but you
• 2:19:14
  Speaker 1: need some ground troops. But look, I mean, Trump was
• 2:19:19
  Speaker 1: terrified when that one pilot was shot down. Right? One
• 2:19:24
  Speaker 1: plane with two pilots was shot down. And it took
• 2:19:27
  Speaker 1: a long time to rescue the pilots. He's just a coward.
• 2:19:33
  Speaker 1: He's a coward. that people like Scott and others voted
• 2:19:39
  Speaker 1: for and put into office and defend and protect and
• 2:19:43
  Speaker 1: will do anything, anything to justify and protect. Even his
• 2:19:49
  Speaker 1: most irrational, insane anti-American decisions. Jamie, I'm against bailouts, but
• 2:19:57
  Speaker 1: considering government forced banks to give bad loans, did some
• 2:20:01
  Speaker 1: of them deserve compensation when they ultimately failed? Well, look,
• 2:20:08
  Speaker 1: nobody deserves compensation. Nobody deserves compensation. But here's the point.
• 2:20:15
  Speaker 1: Does the government have a responsibility when it causes a
• 2:20:17
  Speaker 1: crisis to do what it can to stabilize things? And
• 2:20:21
  Speaker 1: if stabilization means, quote, bailouts, then should it engage in
• 2:20:26
  Speaker 1: them in order not to have the crisis that it
• 2:20:29
  Speaker 1: caused spiral out of control and bring about a Great Depression?
• 2:20:35
  Speaker 1: And that's an interesting question. The way it was done,
• 2:20:40
  Speaker 1: everything about it was awful. But what should government do
• 2:20:47
  Speaker 1: when it's caused a massive crisis and the banking industry
• 2:20:51
  Speaker 1: is imploding? Now, it wasn't imploding in 2008, though. Lots
• 2:20:55
  Speaker 1: of things that could have been done if they would
• 2:20:57
  Speaker 1: have been caught early enough that didn't involve bailing out
• 2:20:59
  Speaker 1: the banks. But at some point, the government had been
• 2:21:02
  Speaker 1: so irresponsible up until that point. Maybe it didn't have
• 2:21:05
  Speaker 1: a choice. Even then it didn't do it right. Even
• 2:21:09
  Speaker 1: then it didn't do it right. Jamie says, Maria's son
• 2:21:14
  Speaker 1: and Sam Sider said the far right in the U.S.
• 2:21:17
  Speaker 1: wants Nazism and ethnic cleansing. The far left just wants
• 2:21:21
  Speaker 1: Medicare for all. What are your thoughts? Thanks. No, the
• 2:21:23
  Speaker 1: far left wants Mao Zedong collectivization of food supply and
• 2:21:28
  Speaker 1: starvation for all of us. I mean, The idea that
• 2:21:33
  Speaker 1: all they want is Medicare for all is nonsense. That's
• 2:21:36
  Speaker 1: not the far left. That's maybe the center left. That's
• 2:21:39
  Speaker 1: not the far left. The far left wants, you know, socialism.
• 2:21:46
  Speaker 1: They want, in Hassan Paika's case, communism. That is as
• 2:21:52
  Speaker 1: bad as the Nazis. And even Medicare for all is
• 2:21:58
  Speaker 1: an unmitigated disaster. Healthcare is really, really, really important. And
• 2:22:05
  Speaker 1: giving Medicare for all, I mean, Medicare shouldn't even exist
• 2:22:08
  Speaker 1: for 65-year-olds, but giving Medicare for all would destroy American
• 2:22:13
  Speaker 1: healthcare and bankrupt the country. Not a good combination. But
• 2:22:22
  Speaker 1: they want a lot more than that. A lot more
• 2:22:23
  Speaker 1: than that. They can't get a lot more than that,
• 2:22:27
  Speaker 1: but that's what they want. They want a lot more
• 2:22:29
  Speaker 1: than that. Jason said, I gave the Democrat underdog for Congress,
• 2:22:36
  Speaker 1: John Durski, in my red district where the GOP voted
• 2:22:40
  Speaker 1: to impeach and is now running in 26. Peter Schwartz's
• 2:22:45
  Speaker 1: book and took the time to meet him at the fair.
• 2:22:51
  Speaker 1: I'm not sure what that meant, but you took the
• 2:22:53
  Speaker 1: time to meet him at the fair. Oh, I gave him.
• 2:22:58
  Speaker 1: You gave him Peter Schwartz's book and took the time
• 2:23:00
  Speaker 1: to meet him at the fair. That's good. Which book
• 2:23:02
  Speaker 1: did he give him on foreign policy, I assume? No, Selfishness, maybe.
• 2:23:10
  Speaker 1: Jason says he likes the idea of repealing the Jones Act.
• 2:23:13
  Speaker 1: Jones was a senator from this state. Thank you, Jason.
• 2:23:20
  Speaker 1: All right, everybody. Thank you. Thanks for... Thanks for the support.
• 2:23:29
  Speaker 1: Thanks to all the Super Chatters. I will see you
• 2:23:33
  Speaker 1: all tomorrow at the same time. We might do a
• 2:23:37
  Speaker 1: long segment of the Israeli election tomorrow because I'm not
• 2:23:39
  Speaker 1: sure when. Otherwise, we'll do it. Maybe next week. We'll see.
• 2:23:43
  Speaker 1: Next week, I'm starting to travel again, so things get dicey.
• 2:23:46
  Speaker 1: All right. Andrew says, Andrew comes in with these last-minute questions,
• 2:23:52
  Speaker 1: but $ 20. I'll take it. Skeptical of the Asian tech
• 2:24:01
  Speaker 1: titans saying we will know everything because of AI. Respectfully,
• 2:24:07
  Speaker 1: these same people think public schools just need more money.
• 2:24:10
  Speaker 1: Let them come near the right politics before solving all knowledge. Yeah,
• 2:24:16
  Speaker 1: I mean, knowing everything, I don't know what that even means.
• 2:24:21
  Speaker 1: I don't think it's possible to know everything at any
• 2:24:23
  Speaker 1: given point in time. Knowledge is constantly growing. You're constantly
• 2:24:27
  Speaker 1: chasing a moving target. So it doesn't mean anything. AI
• 2:24:31
  Speaker 1: is going to dramatically enhance our ability to know stuff.
• 2:24:34
  Speaker 1: There's no question about that. And it's going to enhance
• 2:24:37
  Speaker 1: our ability to do stuff. No question in my mind
• 2:24:39
  Speaker 1: about that. But know everything is kind of silly. But
• 2:24:43
  Speaker 1: I haven't seen this clip that you're talking about. So
• 2:24:45
  Speaker 1: I'd have to check it out. All right, guys. Thank
• 2:24:50
  Speaker 1: you again for the super chats. I will see you
• 2:24:53
  Speaker 1: all tomorrow at 3 p.m. East Coast time. Bye, everybody.