Latest / Breaking Points with Krystal and Saagar / 2/6/26: AIPAC Takes MAJOR L, NEW Epstein Cell Video, Job Numbers PLUMMET

Transcript

2/6/26: AIPAC Takes MAJOR L, NEW Epstein Cell Video, Job Numbers PLUMMET · Breaking Points with Krystal and Saagar

0:00
Speaker 1: Hey, guys, Saga and Crystal here.
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Speaker 2: Good morning, everybody, Happy Friday, and more importantly, happy Commy Takeover.
0:34
Speaker 2: We even have a glorious victory that we can talk
0:36
Speaker 2: about today.
0:37
Speaker 3: That's right. Indeed, yes, we've banished the right wingers from
0:40
Speaker 3: this program. Both sides, just one side.
0:44
Speaker 2: That's right. That's that's right. It's like a DSA meeting.
0:50
Speaker 3: That's right.
0:51
Speaker 2: Still can have some vicious arguments, but you know, allegedly
0:54
Speaker 2: all aligned. Yes, we do have a lot interesting to
0:58
Speaker 2: get to and we're going to start with this New
0:59
Speaker 2: Jersey race, which really kind of came out of nowhere,
1:02
Speaker 2: a lefty win here and a total apac own goal.
1:05
Speaker 2: We got a bunch of Epstein horror to get through,
1:08
Speaker 2: including some new images from the prison the night that
1:12
Speaker 2: he was that he was unlived however that occurred. We've
1:15
Speaker 2: got economic numbers, we've got new Trump election comments in
1:19
Speaker 2: the premium half, we've got the bitcoin drop, we've got
1:23
Speaker 2: some really messy right wing drama that frankly I've been
1:26
Speaker 2: could not take my eyes off of, and some very
1:29
Speaker 2: very charming clips of Zora, Mum Dannie with some young children.
1:32
Speaker 2: So definitely I want to be able to get access
1:36
Speaker 2: to that. So if you're not a premium subscriber and
1:38
Speaker 2: you're able to Breakingpoints dot com and then you get
1:40
Speaker 2: the whole Friday Show and the AMAS and all that
1:42
Speaker 2: good stuff.
1:45
Speaker 4: So we go ahead and jump into this exciting news
1:47
Speaker 4: out of New Jersey. Yes, so this was this was
1:51
Speaker 4: a Tosh go ahead and throw out the results here.
1:53
Speaker 4: But this was a total own goal from sort of
1:56
Speaker 4: the establishment and also a major own goal from APA.
2:00
Speaker 4: So these are the results that we have from New
2:02
Speaker 4: Jersey's eleventh district right now, at least it's showing, and
2:05
Speaker 4: I don't think we're at one hundred percent of the total.
2:07
Speaker 4: It's still sitting at around ninety one point three percent
2:10
Speaker 4: of the expected votes counted right now. But you can
2:12
Speaker 4: see here twenty eight point seven percent by just a
2:15
Speaker 4: couple hundred votes. We had Anna Lilia Mahia or a
2:19
Speaker 4: Mehia who topped out over Tom Melanowski. And neither of
2:24
Speaker 4: these candidates were actually the apac back to candidate who
2:27
Speaker 4: came all the way in third place down here. But Ryan,
2:30
Speaker 4: why don't you go ahead and break down the massive
2:32
Speaker 4: own goal here by a pack and the establishment in this.
2:36
Speaker 3: Yeah, And so the context is this is a super rich,
2:40
Speaker 3: like northern New Jersey suburban district, Like a lot of
2:43
Speaker 3: these people work in New York City. A lot of
2:47
Speaker 3: them are actually like pharmaceutical industry, like pharmaceutical executives like
2:53
Speaker 3: this is this a very kind of funny place for
2:55
Speaker 3: a Bernie Sanders candidate to win?
2:59
Speaker 5: Well?
2:59
Speaker 2: And this was sorry, this was Mikey Cheryl's district. That's
3:02
Speaker 2: the reason they're having this special election exactly. She's now
3:05
Speaker 2: the governor of New Jersey. Now she sort of repositioned
3:08
Speaker 2: herself as more of a populist, but she you know,
3:10
Speaker 2: she very much like was a centrist style candidate, because
3:14
Speaker 2: that was the thought of the type of candidate that
3:16
Speaker 2: would win a Democratic primary and succeed in a general
3:18
Speaker 2: election in this district.
3:19
Speaker 3: Yeah, and so to Tom Malinowski was a former member
3:23
Speaker 3: of Congress. He lost election. He got in some trouble
3:28
Speaker 3: over his stock trading, but otherwise, you know, fairly standard.
3:31
Speaker 3: He has had some background in the human rights world,
3:34
Speaker 3: but other than that was a kind of fairly standard
3:37
Speaker 3: Democrat Mahea longtime activists like this is the kind of
3:41
Speaker 3: person that Chris you probably know her like I've known
3:45
Speaker 3: her for very many years, just as somebody who's been
3:48
Speaker 3: like in the like in the Working Families Party, Bernie Sanders,
3:52
Speaker 3: you know world. She was a top aide to Bernie
3:55
Speaker 3: Sanders during during the campaign, and so when she jumped
3:58
Speaker 3: in kind of of all those people got behind her,
4:02
Speaker 3: which gave her and got behind her early, and Elizabeth
4:05
Speaker 3: Warren also got behind her. So it was like the
4:07
Speaker 3: whole kind of faction was together, you know, AOC Bernie,
4:13
Speaker 3: et cetera. But she had no money, like I think
4:16
Speaker 3: she spent four hundred thousand dollars. And this is the
4:18
Speaker 3: New York media market so you know that's gonna that's
4:21
Speaker 3: going to buy you some mailers, and you know that's
4:24
Speaker 3: you can have some staff. But Apak dropped more than
4:27
Speaker 3: two million dollars, and so what they did they Malinowski.
4:33
Speaker 3: They've supported him in the past, he's been fairly friendly
4:35
Speaker 3: to Israel, but like all Democrats, he's getting a little
4:40
Speaker 3: bit skittish about the relationship with Israel, and so he
4:43
Speaker 3: said some mildly critical things and I think he might
4:46
Speaker 3: have suggested that some weapons systems maybe you ought to
4:49
Speaker 3: get some review at some point. And so they're like,
4:52
Speaker 3: oh no, no.
4:53
Speaker 2: Like what are radical?
4:54
Speaker 3: This too radical? This will not fly. So they dropped
4:57
Speaker 3: more than two million dollars on him at the very
4:59
Speaker 3: end to try to try to crush him. The reason
5:03
Speaker 3: that so many outlets called this in New Jersey for
5:06
Speaker 3: Malinowski and then had to very embarrassingly retract their calls
5:11
Speaker 3: is that he won the early vote fairly decisively. So,
5:16
Speaker 3: in other words, before Apax money has really like landed
5:20
Speaker 3: in the race, he's he's going to comfortably win this race,
5:25
Speaker 3: this three person race. But he then in the election
5:32
Speaker 3: day vote finished third in most places, so they knocked
5:35
Speaker 3: him even behind the also ran APAC candidate, and you
5:40
Speaker 3: started seeing Mahea winning by twenty thirty forty fifty points
5:45
Speaker 3: on election day and it was enough then to overcome
5:47
Speaker 3: the early And so this was something that Jewish insider
5:51
Speaker 3: that recovered the race, they warned about it. Dave Dan
5:54
Speaker 3: was like, and like people watching the race, I saw
5:57
Speaker 3: Adam Green who runs PE Triple C this week, and
6:01
Speaker 3: he was like, APAC might deliver this for us. So
6:04
Speaker 3: this was like it was known that like APAC might
6:07
Speaker 3: actually take Malinowski down far enough that it would allow Mahea,
6:12
Speaker 3: with her ground game and her strong base of support,
6:16
Speaker 3: to sneak through. And she did. Now the best part, Mac,
6:19
Speaker 3: do you have the ad So when APAX spends in
6:23
Speaker 3: these races, obviously they're not saying don't vote for Tom
6:27
Speaker 3: Malanowski because he's too mean to Israel. He didn't support
6:31
Speaker 3: our genocide, like he wants to restrict weapons that are
6:34
Speaker 3: going to They don't. They don't say that. They pull
6:37
Speaker 3: Malinowski and they figure out what are the things that
6:40
Speaker 3: work against him and for him. They obviously did the
6:44
Speaker 3: stock trading scandal that he had, but they led with
6:47
Speaker 3: ice because he's a former member of Congress. He funded
6:51
Speaker 3: Ice with votes back in like twenty nineteen, and so
6:55
Speaker 3: they hammered him. Ironically, Apak is like, they love nobody
7:00
Speaker 3: more than Trump, but they're like, Tom Malinowski stood with
7:04
Speaker 3: Donald Trump to fund the evil Ice. You we can't
7:08
Speaker 3: trust Tom Malinowski. And what's amazing These ads worked in
7:12
Speaker 3: suburban rich New Jersey. Among Democratic primary voters. They were like, oh,
7:17
Speaker 3: he funded Ice, get him out of here. So yeah,
7:21
Speaker 3: let's let's let's queue one up. If you've got it.
7:23
Speaker 5: Mag ICE's deportation force is out of control. Tom Melanowski
7:28
Speaker 5: voted Trump to increase funding and that's not all. He
7:32
Speaker 5: was caught cashing in on COVID related stocks while in Congress.
7:36
Speaker 5: This is about having privileged information and using it to
7:40
Speaker 5: your own personal advantage. You failed to disclose the stocks
7:43
Speaker 5: rating as required by the law.
7:45
Speaker 2: Tom Melanowski bought or sold up to a million dollars
7:49
Speaker 2: worth of stock. We just can't trust Tom Melanowski. UTP
7:53
Speaker 2: is responsible for the content of his amazing, absolutely amazing,
7:57
Speaker 2: even the tagline he can't be trusted, Like, it makes
7:59
Speaker 2: sense to me that you have a time. You're at
8:01
Speaker 2: a point in time where the Democratic base is like
8:03
Speaker 2: we got to figure out which of these Democratic electeds
8:06
Speaker 2: we can trust that are going to like, actually have
8:08
Speaker 2: some backbone and do the things we want them to do.
8:10
Speaker 2: So even the tagline itself, you know, fits the mood
8:13
Speaker 2: of where the Democratic base is and what their concerns are.
8:16
Speaker 2: So thank you Apak.
8:17
Speaker 4: Yeah, and Ice is Ice is a big litmus test
8:19
Speaker 4: right now, so you know it's it's a good one
8:21
Speaker 4: to hammer him on.
8:23
Speaker 3: So if you're not think about it. So, if you're
8:25
Speaker 3: a Democrat and you're just a Norman Democrat who's been
8:29
Speaker 3: winning re election, you've been casting the votes that your
8:33
Speaker 3: party wants you to cast. You've been trying to stay
8:36
Speaker 3: on the right side of your voters. You have now
8:38
Speaker 3: learned that there is a potential huge cost to pay
8:44
Speaker 3: for supporting Ice. You get out there and you defend
8:46
Speaker 3: Ice on TV or to your local news, that clip
8:51
Speaker 3: is going to be used against you. Now you vote
8:53
Speaker 3: to fund Ice, that's going to be used or it
8:57
Speaker 3: could be used against you if you get a primary challenger.
9:00
Speaker 3: Because Apak has done the extremely expensive focused groups and
9:04
Speaker 3: polling for us and now they have road tests in
9:07
Speaker 3: it in this district, and Apak has let us know
9:11
Speaker 3: the best way to take out a sitting member of
9:13
Speaker 3: Congress and Democratic primary is to hit them with the
9:15
Speaker 3: Ice message. I mean it, and.
9:19
Speaker 2: It comes as there are you know, going to be
9:22
Speaker 2: these negotiations in the Senate about what are going to
9:26
Speaker 2: be the additional restrictions put on you know, Ice and CBP,
9:29
Speaker 2: et cetera. So it also comes at an important moment.
9:32
Speaker 2: I mean, it does remind me in a certain way
9:34
Speaker 2: of Zoran's victory because he showed like, no, no, even
9:39
Speaker 2: in New York City, one of the most heavily Jewish
9:43
Speaker 2: cities on the planet, where you know, the in a
9:46
Speaker 2: Democratic primary, you probably will not get a more pro
9:49
Speaker 2: Zionist Democratic primary electorate than New York City, and even
9:53
Speaker 2: there Israel as poisonous, even there you can win as
9:57
Speaker 2: an avowed like pro anti Zionist and be successful. And
10:04
Speaker 2: so this is the type of district which would be
10:07
Speaker 2: the least you would expect to be the least amenable
10:10
Speaker 2: to the anti Ice messaging, right, and here they find
10:14
Speaker 2: that it is the actually was the most powerful message
10:16
Speaker 2: about this guy. And to your point, Ryan, seeing the
10:19
Speaker 2: way the vote shifted from the early vote before the
10:23
Speaker 2: ads drop and then the day of vote and there's
10:26
Speaker 2: this you know, cataclysmic drop off for him. I mean,
10:29
Speaker 2: that tells you, that tells you everything about just how
10:33
Speaker 2: powerful and just how horrified the Democratic base is about Ice.
10:38
Speaker 2: I Mean. The other funny thing here, obviously, is like,
10:41
Speaker 2: how did with all their money and all of their
10:44
Speaker 2: consultants and all of that, how did APAK not realize
10:47
Speaker 2: they were playing with fire here? Like why didn't they
10:49
Speaker 2: just throw you know, maybe like half a mill at
10:51
Speaker 2: some or you know, another measly million dollars into the
10:54
Speaker 2: race to also hit Antalila.
10:58
Speaker 3: Yeah, the APAC candidate had put out an internal poll
11:01
Speaker 3: showing her competitive, but nobody believed it, like no, no,
11:04
Speaker 3: you're not you're not actually competitive, And they didn't spend
11:08
Speaker 3: a lot of money boosting her, or they didn't spend
11:11
Speaker 3: clearly enough. Now it's very it's so expensive, like that's
11:13
Speaker 3: APEC does have some limits on what it can do,
11:16
Speaker 3: believe it or not. And in the New York media market,
11:18
Speaker 3: that's that's pretty tough. Their new cope is, oh, well,
11:22
Speaker 3: maybe we'll beat her in the general election because she's
11:25
Speaker 3: so radical, and it's like, well Harris won. That's so
11:28
Speaker 3: the elections in mid April, Harris won this district by
11:30
Speaker 3: eight points.
11:31
Speaker 2: Forget about it, like it is going to win running
11:34
Speaker 2: it's not going to be close and double digits.
11:37
Speaker 3: Then their cope is, well, then maybe we can beat
11:40
Speaker 3: her in November when she runs for reelection. Because this
11:46
Speaker 3: is a special election, she'll she'll serve out the term.
11:48
Speaker 3: But it's like it's still a Harris plus eight district
11:50
Speaker 3: and people are still going to be mad in November.
11:52
Speaker 3: There's some question mal and Awski, I think, has said
11:55
Speaker 3: he will not run, and it's this it's a weird situation.
11:57
Speaker 3: So the general election is in April, and then the
12:00
Speaker 3: next primary is in June, like mid June for the
12:06
Speaker 3: November election. So if the APAC candidate or Malinowski wants
12:10
Speaker 3: to run, they have to endorse her for the general
12:14
Speaker 3: election in April, you know, campaign with her, say let's
12:17
Speaker 3: beat the Republican, and then immediately on April seventeenth they
12:20
Speaker 3: have to turn around and start a campaign against her
12:24
Speaker 3: for the June primary. So how do you do that?
12:27
Speaker 3: How do you support someone for two months and then
12:30
Speaker 3: run against them immediately for six weeks?
12:33
Speaker 2: Yeah, So, well, the other storyline here is there was
12:36
Speaker 2: another candidate. This was his name, Brendan Gill or something
12:39
Speaker 2: like that, who got fourth place. Who he was the
12:41
Speaker 2: one that was actually backed by the New Jersey Democratic
12:45
Speaker 2: Party machine, which is one of the more powerful machines nationally.
12:50
Speaker 2: And Steve Kornaki, who got a start in New Jersey
12:53
Speaker 2: politics and has encyclopedic knowledge to this day of every
12:56
Speaker 2: aspect of it. He was marveling at that that piece
12:59
Speaker 2: because you know, in previous cycles, if you had the
13:02
Speaker 2: backing of the New Jersey machine, it was just basically
13:06
Speaker 2: like a FATA complete that you were going to be
13:08
Speaker 2: the nominee, like it was a done deal. So yeah,
13:12
Speaker 2: So here's Cornagie a couple of questions. If Maheia is
13:14
Speaker 2: in fact the winner, well one of these candidates or
13:16
Speaker 2: someone else challenger in the June primary for a full
13:18
Speaker 2: time term. Remember tonight's primaries just for the special election
13:21
Speaker 2: of Phil Mikey Cheryl's unexpired term. There's a major push
13:24
Speaker 2: from outside groups, particularly Pro Israel, to take down Malanowski
13:27
Speaker 2: in AO boost Tahisha Way. Would Way be interested in
13:30
Speaker 2: a one on one shot at Mahea for a full term?
13:32
Speaker 2: Would that outside support, outside support follow her? This is
13:36
Speaker 2: a Democratic leaning district. Harris carried it by nine Cheryl
13:38
Speaker 2: by fifteen in the governor's race last year. DEM's have
13:41
Speaker 2: been over performing across the country in special elections of late,
13:44
Speaker 2: but New Jersey eleven does also contain areas more favorable
13:47
Speaker 2: to the pre Trump GOP and Republicans have nominated a
13:50
Speaker 2: potentially appealing candidate Randolph Mayor Joe Hathaway. Could Mahea back
13:54
Speaker 2: by AOC and Bernie Sanders be a tough sell at
13:56
Speaker 2: all in that mashup. So I mean, I I think,
14:00
Speaker 2: based on the special election results that we've seen across
14:03
Speaker 2: the country, I don't think there's too much to worry about,
14:05
Speaker 2: but hey, I guess you never know.
14:07
Speaker 3: Yeah, we'll see. And speaking of the machine, they did
14:10
Speaker 3: the exact same thing wrong in this race that they
14:12
Speaker 3: did in twenty eighteen with Joe Crowley, which is there
14:15
Speaker 3: Their idea is, let's make these elections as undemocratic as possible,
14:23
Speaker 3: get as few people out to the polls as possible,
14:25
Speaker 3: and then we'll be able to go to nursing homes
14:27
Speaker 3: and get our fifteen thousand machine people out and will
14:32
Speaker 3: win like that. And that's a flaw in the Death
14:34
Speaker 3: Star because that means if you can yourself, find seventeen
14:39
Speaker 3: thousand people in a district of seven hundred thousand, then
14:43
Speaker 3: you can win. I don't know, mac if you have
14:45
Speaker 3: the exact vote totals on there, but it's like nothing.
14:48
Speaker 3: And notice that we're talking about this on a Friday.
14:50
Speaker 3: Inn't that weird? Wait a minute, I thought in America
14:53
Speaker 3: elections are on Tuesday. Now New Jersey stops at nothing
14:56
Speaker 3: to try to depress turnout. So they even scheduled this
14:59
Speaker 3: election for a Thursday to confuse people and make sure
15:04
Speaker 3: that almost nobody came out and congratulations, you know, they
15:09
Speaker 3: played themselves.
15:10
Speaker 2: Yeah, yeah, there she that she's gonna win with fewer
15:13
Speaker 2: than twenty thousand votes total. It's crazy, crazy, It is crazy,
15:17
Speaker 2: which does mean that you know, you can you can
15:19
Speaker 2: kind of bootstrap it, like that's a small enough number.
15:22
Speaker 2: I know yours, Yeah, I know. Rocana was in the
15:24
Speaker 2: district earlier this week for an event, like just with
15:28
Speaker 2: the sort of star power of you know, Bernie and
15:30
Speaker 2: AOC and Elizabeth Warren and Roe coming in and sporting her,
15:35
Speaker 2: that was enough and so it didn't really require that
15:38
Speaker 2: much money. I mean, it's extraordinary, you know. The other
15:40
Speaker 2: the last thing to say about It is the reason
15:44
Speaker 2: that well two things. Number one, I'm sure everybody noted
15:47
Speaker 2: that ad we played. It doesn't say paid for by
15:50
Speaker 2: a PAC. It says paid for by what was the
15:52
Speaker 2: United Democracy Projects, Because I mean they know that for
15:56
Speaker 2: you know, a PAC funds these things. But they know
15:58
Speaker 2: their name is toxic, so they come up with these
16:00
Speaker 2: like I love democracy, you know, type of names to
16:04
Speaker 2: so you don't realize who's actually behind these attack ads.
16:07
Speaker 2: That's number one. But number two, this a pack themselves
16:10
Speaker 2: position this as a shot across the bout right. They
16:14
Speaker 2: they know that Malinowski is not the most like anti
16:17
Speaker 2: Israel guy, but they wanted to discipline the Democratic Caucus
16:22
Speaker 2: and show like if you waiver even one, if you
16:26
Speaker 2: have a moment of weakness watching us blow up babies
16:31
Speaker 2: and are like, maybe we shouldn't think about maybe doing something. No, no,
16:35
Speaker 2: you have to be lockstep or we're coming for you.
16:38
Speaker 2: And so the fact that they failed on what they
16:42
Speaker 2: wanted to be a demonstration of their strength and a
16:47
Speaker 2: you know, a grab to discipline the Democratic Caucus and
16:50
Speaker 2: get them back completely in line is also really noteworthy
16:54
Speaker 2: and you know, quite extraordinary and significant.
16:57
Speaker 3: Yeah, just a piece of trivia. They call that. I
17:00
Speaker 3: was like, why on earth do they call And at
17:02
Speaker 3: least this is their actual This is APA's actual super pac.
17:05
Speaker 3: They didn't make up. What they do in a lot
17:07
Speaker 3: of districts is they just make up a fake new
17:09
Speaker 3: one that then doesn't have to disclose the donors until afterwards.
17:12
Speaker 3: So this is their real one. I was like, why
17:14
Speaker 3: is it called United Democracy Project? It makes no sense.
17:17
Speaker 3: It goes back to their line that they're the only
17:20
Speaker 3: democracy in the Middle East. Oh so god, we are uniting,
17:24
Speaker 3: uniting the American democracy with the only democracy in the
17:29
Speaker 3: Middle East. Right, So that's where that uh, that's where
17:33
Speaker 3: that brand comes from.
17:34
Speaker 2: Well, Trump is in a lot of ways trying to
17:36
Speaker 2: make us more like that is really quote unquote democracy.
17:39
Speaker 2: So I guess the name does make some sense there.
17:42
Speaker 3: Yeah.
17:42
Speaker 4: I mean my last thing on this, I mean, where
17:44
Speaker 4: do you guys in the broader democratic you know party,
17:47
Speaker 4: uh sort of space, where do you guys think APAX
17:50
Speaker 4: stands right now? I mean, is it sort of like
17:52
Speaker 4: a death knew almost of APAC. I mean, you know,
17:55
Speaker 4: you guys both mentioned they can't even publicly endorse some
17:58
Speaker 4: candidates right now because it's such a poison pill. Overwhelmingly,
18:01
Speaker 4: the polls are showing that Democratic voters would rather have
18:04
Speaker 4: a candidate that is not backed by the pro Israel
18:07
Speaker 4: lobby than is backed by the Israel lobby. Majority of
18:09
Speaker 4: Democrats think Israel committed a genocide like it has become
18:12
Speaker 4: such an overwhelmingly toxic brand that these candidates can't even
18:17
Speaker 4: associate themselves with the Israel lobby. And even then they
18:21
Speaker 4: have workarounds and they, you know, APAC will tell their
18:23
Speaker 4: individual donors to go donate directly, and they're trying to
18:27
Speaker 4: figure out ways to still get the funding mechanisms in
18:29
Speaker 4: there without attaching their brand directly. But it seems like
18:34
Speaker 4: the issue has basically been one for the issue critic
18:37
Speaker 4: crowd at a ground leveling. Yeah, the money still being there.
18:41
Speaker 4: I'm working on a story with Dave Dayan over The Prospect,
18:44
Speaker 4: which hopefully will be up today on these three house
18:47
Speaker 4: races in Illinois where they're doing exactly what you describe mac.
18:51
Speaker 4: One of the one of the fake super packs they
18:53
Speaker 4: threw up, which we're going to demonstrate as effectively them,
18:57
Speaker 4: is called elect Chicago Women, and I can't even remember
19:02
Speaker 4: the name of Oh.
19:03
Speaker 3: The other one's about affordability. They're like glomming onto mom Donnie.
19:06
Speaker 3: It's like the you know, affordability now pack or something,
19:11
Speaker 3: and it's like a PAC money, but that they're cloaking
19:14
Speaker 3: it and kind of and sneaking it into these races
19:18
Speaker 3: because it would be so toxic to even come in
19:21
Speaker 3: with their official United Democracy Project pack and run other
19:24
Speaker 3: things because then you get more news coverage. Oh and
19:28
Speaker 3: then people just start to understand, oh, this is the
19:30
Speaker 3: APAC candidate, and this is the candidate that APAC doesn't like,
19:34
Speaker 3: and that is toxic and counterproductive for them.
19:39
Speaker 2: Yeah, I mean, I think dempty party is here, right,
19:43
Speaker 2: We're going to you know, we're coming into primary season.
19:45
Speaker 2: There are going to be a bunch of results that
19:48
Speaker 2: come out of nowhere that people are not expecting. And
19:51
Speaker 2: you know, I mean, the circumstances here very unusual because
19:54
Speaker 2: you've got this very divided field and this a PAC
19:57
Speaker 2: money coming in against a different candidate, not the you know,
20:00
Speaker 2: not the Bernie wing candidate of the party, but the
20:04
Speaker 2: effectiveness of that anti Ice add in this district tells
20:10
Speaker 2: you everything you need to know about where the Democratic
20:13
Speaker 2: base and not just you know, one fact, no, the
20:17
Speaker 2: entire Democratic base, how motivated they are by that particular
20:21
Speaker 2: issue right now, and how you know how much trouble
20:24
Speaker 2: and every incumbent Democrat has taken votes to fund Ice.
20:29
Speaker 2: They all have, so presumably they're all vulnerable to a
20:34
Speaker 2: similar message that was so devastatingly effective against Melanowski.
20:40
Speaker 3: You hate to say it.
20:42
Speaker 4: Yeah, all right, we go ahead and move on. Move
20:45
Speaker 4: on here to the latest on the Epstein files.
20:47
Speaker 2: All right, so maxwelled a bunch of newste I mean,
20:50
Speaker 2: this is part of the latest Epstein files release. People
20:54
Speaker 2: continue to come through obviously three million documents, so it's
20:57
Speaker 2: going to take a long time for everybody to look
20:58
Speaker 2: at everything. But we've got some new disturbing documents that
21:01
Speaker 2: have been identified. And then also a bit surprisingly Barry
21:04
Speaker 2: Weise's CBS with an investigation into what exactly happened the
21:10
Speaker 2: night that Jeffrey Epstein ends up dead And Mack, you
21:14
Speaker 2: want you want to set this up? What you got here?
21:16
Speaker 4: Yeah, So I'll go ahead and put up the image
21:18
Speaker 4: itself while while I talk about what this CBS News
21:21
Speaker 4: article is talking about. So this is a portion of
21:24
Speaker 4: the video or a screen grab of the video. The
21:27
Speaker 4: headline here from CBS News is who entered Epstein's jail
21:31
Speaker 4: tier the night of his death. Newly released video logs
21:34
Speaker 4: appear to contradict official recounts accounts. So what are they
21:38
Speaker 4: talking about here, they say? Newly released Department of Justice
21:40
Speaker 4: documents show that investigators reviewing surveillance footage from the night
21:44
Speaker 4: of Jeffrey Epstein's death observed an orange colored shape moving
21:48
Speaker 4: up the staircase toward the isolated locked tier where his
21:53
Speaker 4: cell was located, at approximately ten thirty nine PM on
21:57
Speaker 4: August ninth, twenty nineteen. Now it's ten thirty nine PM.
22:00
Speaker 4: Is also interesting because this was between the ten to
22:02
Speaker 4: midnight period where supposedly these guards had fallen asleep or
22:07
Speaker 4: weren't paying attention, so that's when this sort of orange
22:10
Speaker 4: blob appears.
22:11
Speaker 3: But they continue.
22:12
Speaker 4: They say that entry into an observe observation log of
22:16
Speaker 4: the video from the Metropolitan Correctional Center appears to suggest
22:19
Speaker 4: something previously unreported by authorities, of a flash of orange
22:24
Speaker 4: that looks to be going up again the l tier
22:26
Speaker 4: stairs towards Epstein that could possibly be an inmate escorted
22:30
Speaker 4: up to that tier. It also appears according to an
22:32
Speaker 4: FBI memorandum that reviews by investigators, led to disparate conclusions
22:37
Speaker 4: by the FBI and those examining the same video from
22:41
Speaker 4: the Department of Justice's Office of Inspector General. The FBI
22:45
Speaker 4: described it as possibly an inmate, and if you scroll
22:48
Speaker 4: down here, you had the Inspector General saying it could
22:51
Speaker 4: be an officer carrying orange linen or bedding, noting in
22:55
Speaker 4: their final report as an unidentified corrections officer. Again, this
23:00
Speaker 4: is the image that's in question here, but unidentified possible
23:05
Speaker 4: corrections officer carrying linen's or unidentified inmate potentially going up
23:11
Speaker 4: in that direction on the night of Epstein's death.
23:13
Speaker 3: What do you guys make of this?
23:16
Speaker 2: I mean, continue to be a lot of questions. There's
23:18
Speaker 2: another line in this CBS news report which maybe this
23:22
Speaker 2: was already known but I didn't know it. It says
23:24
Speaker 2: the noose Epstein allegedly used has never been definitively identified.
23:30
Speaker 2: According to Inspector General's report, a noose collected at the
23:33
Speaker 2: scene was later determined not to be the ligature used
23:36
Speaker 2: in Epstein's death. What do you mean that you never identified?
23:41
Speaker 2: The news Like, what do you mean by that? Because
23:44
Speaker 2: you have one jail cell, Like everything's right there it's
23:48
Speaker 2: not too hard to secure that scene and ident this
23:51
Speaker 2: is the one you know that was wrapped around his net.
23:54
Speaker 2: That blew my mind as well. Have you guys seen
23:58
Speaker 2: on the more conspiratorial level, have you guys seen this
24:01
Speaker 2: thing about how one of his gamer accounts continues to
24:03
Speaker 2: be active in Israel.
24:07
Speaker 3: He's playing Fortnite in Israel?
24:08
Speaker 2: Or I mean, they just couldn't give up like whatever,
24:12
Speaker 2: you know, legacy like skins and tokens and progress he.
24:16
Speaker 3: Had night even if you're dead that they've.
24:21
Speaker 2: Just how addictive and he had hand and in the
24:25
Speaker 2: some of the addictive nature of video games though it
24:27
Speaker 2: would be you know, it does make a level of sense.
24:30
Speaker 2: But no, I mean, listen, I think the fact that
24:33
Speaker 2: they and they tried to say there was no one
24:37
Speaker 2: in you know, in this video and accessing that uh
24:40
Speaker 2: jails here, when you can clearly see it in the video,
24:42
Speaker 2: and then they say, oh, well, maybe it's a corrections
24:44
Speaker 2: officer carrying orange linen, and they've.
24:46
Speaker 3: Said, no, that's definitely not well in either way.
24:49
Speaker 4: They also say in the CBS report, like according to
24:52
Speaker 4: the people who work in this jail facility, whether or
24:55
Speaker 4: not it was an inmate or whether or not it
24:57
Speaker 4: was an officer.
24:57
Speaker 3: Either way, that would have been a breach of protocol at.
25:00
Speaker 2: The time, right, yeah, Yeah, They said that inmates would
25:03
Speaker 2: not be like walking around the person at this hour
25:06
Speaker 2: of the night. That would not be a thing that
25:08
Speaker 2: would typically happen. And so the other thing that we
25:10
Speaker 2: got from this release is we learned that his defense
25:14
Speaker 2: team was approaching the government in you know, a couple
25:17
Speaker 2: of weeks before he ends up dead about cooperating, which
25:22
Speaker 2: would mean, you know, that he was gonna He was saying, hey,
25:26
Speaker 2: you know, I have some information that might be interesting
25:28
Speaker 2: to you. And so I think that speaks not only
25:31
Speaker 2: to potential motivation that you don't want this guy around anymore,
25:35
Speaker 2: but it also speaks to his mentality where you know,
25:40
Speaker 2: he hadn't given he still had avenues to pursue. You
25:44
Speaker 2: know that he certainly if his defense team was exploring this,
25:47
Speaker 2: he certainly felt like this was a potential avenue to pursue,
25:50
Speaker 2: to be able to secure you know, a lesser sentence,
25:52
Speaker 2: be able to get out of there. So I think,
25:55
Speaker 2: you know, both of those things fly in the face
25:57
Speaker 2: of the idea that he was so truly suicide and
26:00
Speaker 2: wanting to kill himself. We also had, you know, we
26:02
Speaker 2: also had indications he was afraid to return to his
26:04
Speaker 2: jail cell because he had you know, had marks on
26:07
Speaker 2: his neck and had been attacked previously. So you know, again,
26:11
Speaker 2: if someone is suicidal and wanting to die, that's not
26:14
Speaker 2: really consistent with, you know, a mentality of someone who
26:17
Speaker 2: is apparently trying to preserve their life.
26:19
Speaker 3: My favorite response to this question of who could the
26:23
Speaker 3: video show going into Epstein's cell has been, I don't know,
26:26
Speaker 3: the murderer could be, but and and to your point,
26:33
Speaker 3: have you know Epstein is a person who has confronted
26:38
Speaker 3: setbacks throughout his entire life, like you know, just you know,
26:44
Speaker 3: rising up first of all through Coney Island and he
26:46
Speaker 3: winds up at bear Sterns. They find out he you know,
26:51
Speaker 3: was a total fraud. He overcomes that, he gets fired
26:54
Speaker 3: from bear Sterns, uh, and he leverages that to this
27:00
Speaker 3: like international tax financier position. He got caught, you know,
27:08
Speaker 3: with the child prostitution thing in the two thousands, came
27:14
Speaker 3: back again bigger than bigger than ever in the twenty tens.
27:18
Speaker 3: This is a guy who believes in his ability to
27:21
Speaker 3: overcome obstacles, which is one of the biggest reasons I
27:26
Speaker 3: have such a hard time getting to a place where
27:28
Speaker 3: he's like, you know what, I've overcome all of these
27:30
Speaker 3: other things, and I have all of this leverage, and
27:32
Speaker 3: I have all of these friends and all this information,
27:35
Speaker 3: but I give up. He just does not strike me
27:38
Speaker 3: the kind of guy that gives up.
27:39
Speaker 2: I totally agree with that. He's not the kind of
27:41
Speaker 2: guy that everything sees checkmated right. And you can see
27:44
Speaker 2: that even in the email. You know that he preserves
27:46
Speaker 2: to himself about Bill Gates. Right. Clearly Bill Gates had
27:49
Speaker 2: said him, Wilson, my wife's on my ass. I can't
27:52
Speaker 2: hang out with you anymore. We got to cut this off.
27:54
Speaker 2: He's not taking note for an answer. He's like, no,
27:57
Speaker 2: like you think you're done with me, I don't care,
27:59
Speaker 2: Like I'm not with you. And so here's how I'm
28:02
Speaker 2: going to keep you in the loop. Here's how I'm
28:04
Speaker 2: going to keep you in the web. This is not
28:06
Speaker 2: something you can just back away from. That's not how
28:08
Speaker 2: this works. Right.
28:09
Speaker 3: So saying with Leon black Leon Blacksley, I'm done with you,
28:12
Speaker 3: He's like, no, I want my forty million a year, and.
28:14
Speaker 2: This is how it's going to go that's exactly right. Yeah,
28:16
Speaker 2: that's exactly right. And you know, and also like clearly
28:19
Speaker 2: Epstein is a you know, a narcissist, thinks he's the
28:22
Speaker 2: main character. I mean, people like this truly don't even
28:24
Speaker 2: think the world can like go on if they aren't
28:27
Speaker 2: part of it. So it's very I mean, it's just
28:29
Speaker 2: psychologically very inconsistent with someone who'd be like, yeah, they
28:32
Speaker 2: got me. I guess I'm out of here. But I mean, listen,
28:34
Speaker 2: I guess. On the other hand, this is someone who's
28:37
Speaker 2: accustomed to flying around the world and living in the
28:40
Speaker 2: lab of luxury and having all of his you know,
28:42
Speaker 2: horrific carnal desires met at every hour of the day
28:45
Speaker 2: and whatever. So perhaps it was just too hard for
28:49
Speaker 2: him to bear, even for a short time, to be
28:53
Speaker 2: not living the lifestyle that you know, that he enjoyed living.
28:58
Speaker 2: So there is that, but you know, they are just
29:01
Speaker 2: there are just so many weird inconsistencies and questions that
29:05
Speaker 2: remain that it's just, you know, it's it's very hard
29:08
Speaker 2: for me to believe that the official story is truly
29:10
Speaker 2: what happens.
29:11
Speaker 4: And to the point of him feeling untouchable, you know,
29:14
Speaker 4: you also rewind to the Acosta Sweetheart deal, like he
29:17
Speaker 4: might have figured the same thing. If you buy into
29:19
Speaker 4: the idea that Epstein in some way, shape or form
29:22
Speaker 4: belonged to intelligence and that's sort of what got him
29:24
Speaker 4: out of it the last time around, then you know,
29:26
Speaker 4: maybe there's some inclination there in his mind that, Okay,
29:29
Speaker 4: that'll probably get me out of this again. Right, They're
29:32
Speaker 4: not gonna They're not gonna push me into a situation
29:34
Speaker 4: where I feel like I'm forced to reveal all of
29:36
Speaker 4: this incriminating information about these high profile, wealthy people around
29:40
Speaker 4: the world that I have these connections to. So, you know,
29:42
Speaker 4: he may have thought he still he still had a chance.
29:44
Speaker 4: And to your point, Crystal, it seems like in the
29:46
Speaker 4: days leading up to his death, they were still planning on,
29:50
Speaker 4: you know, at least making some sort of a fight.
29:51
Speaker 2: So yeah, yeah, exactly, Mack. You want to roll through
29:56
Speaker 2: some of these other elements, because these were some other,
29:58
Speaker 2: you know, significant discoveries contained within this document release.
30:02
Speaker 4: Yeah, so let's go ahead and start off with this
30:04
Speaker 4: one posted by Ed Krassenstein. So he says here and
30:08
Speaker 4: al peers as though Jeffrey Epstein may have met with
30:12
Speaker 4: Donald Trump Junior in twenty nineteen, just months before he died.
30:18
Speaker 4: So if you look at this, wow, this email again,
30:20
Speaker 4: this is from January twenty seventh, twenty nineteen. The email
30:25
Speaker 4: here is from jee vacation Jeffrey Epstein. He says, can
30:28
Speaker 4: we do coffee with Don Junior Thursday Friday only if easy?
30:33
Speaker 4: As you know, I like people that are funny. So
30:37
Speaker 4: what are we supposed to make of this? In terms
30:40
Speaker 4: of the timeline from which Donald Trump said that he
30:43
Speaker 4: completely cut off his relation with Jeffrey Epstein in the
30:46
Speaker 4: early two thousands to now, we've had sort of multiple
30:49
Speaker 4: things that have come out in this recent batch of
30:51
Speaker 4: files that indicate, Okay, at least within his inner circle
30:55
Speaker 4: or maybe even his immediate family, that probably was not
30:58
Speaker 4: the case.
30:59
Speaker 2: Yeah, there were was an email Soccer and I covered
31:02
Speaker 2: where he was Similarly, actually, right before he was inaugurated
31:05
Speaker 2: for the first time, Epstein was claiming that he was
31:09
Speaker 2: hanging out with what he described as the Trump Boys,
31:11
Speaker 2: which you would assume is you know, Eric and Don Junior.
31:14
Speaker 2: And even if you buy their denials, and these meetups
31:18
Speaker 2: never happened, or Epstein was just blustering and bragging and
31:21
Speaker 2: name dropping, and he wasn't really getting together with you know,
31:24
Speaker 2: Trump or Trump Junior or whoever. Clearly he had direct
31:28
Speaker 2: connectivity to the administration, as we see through the extensive
31:32
Speaker 2: Steve Bannon relationship, and Bannon especially first term Trump and
31:36
Speaker 2: Ryan you can speak to this more than I can,
31:38
Speaker 2: but especially first term Trump. He's in the administration to
31:41
Speaker 2: start with, and he's deeply influential. You know, I think
31:44
Speaker 2: he continues to be influential in Trump world as both
31:48
Speaker 2: you know, an outside force and someone who knows all
31:50
Speaker 2: the players on the inside as well. So you see
31:54
Speaker 2: Epstein and Bannon going back and forth on you know
31:57
Speaker 2: who on Supreme Court picks right on world events, and
32:02
Speaker 2: Epstein is offering his take and Bannon's you know, yeah,
32:04
Speaker 2: I help get John Bolton in there, but he's controlled
32:06
Speaker 2: by Sheldon Adelson. But maybe we can you know, work
32:09
Speaker 2: with him in this way or that way. So whether
32:11
Speaker 2: or not he was directly talking to Trump or Trump
32:14
Speaker 2: Junior or family members, clearly he was having a direct
32:18
Speaker 2: impact on the decision making of the Trump administration.
32:23
Speaker 3: Yeah. Absolutely. And Bannon is this unusual figure who kind
32:28
Speaker 3: of loves to talk to the left, like the fact
32:30
Speaker 3: that he was talking to Chomsky. He gabs with the
32:33
Speaker 3: reporters in ways that you know a lot of the
32:37
Speaker 3: mega types don't do. And I think he saw Epstein
32:42
Speaker 3: as this like entree into this Clinton world, you know,
32:46
Speaker 3: of you know, endless amounts of intel on the on
32:49
Speaker 3: the Clinton world, his enemies. So yeah, that and Bannon
32:54
Speaker 3: and Don Junior are very close. So that that's a
32:57
Speaker 3: direct line if if Epstein ever wanted it.
33:00
Speaker 2: Well, I also have to think that Bannon partly wanted
33:03
Speaker 2: to manage the relationship with Epstein because he knew that
33:07
Speaker 2: Trump had this long standing relationship with Epstein. I mean,
33:10
Speaker 2: reportedly Bannon had said allegedly that Epstein was the one
33:15
Speaker 2: guy who could keep Trump from the presidency, who could
33:18
Speaker 2: ruin it all for him, And so, you know, I
33:20
Speaker 2: think there was also a sense of like, let me
33:23
Speaker 2: keep this guy close so I can you know, kind
33:26
Speaker 2: of control this situation and maybe find out what there
33:29
Speaker 2: is to be found out so that you know, I
33:31
Speaker 2: can protect my guy over here.
33:33
Speaker 3: Yeah, there was that one email or text message where
33:36
Speaker 3: he's like it kills Trump that you know, it would
33:39
Speaker 3: kill Trump to know that you and I are so tight.
33:42
Speaker 2: There was something like he said at one point Epstein.
33:46
Speaker 2: Now you know why Trump lies awake at night knowing
33:49
Speaker 2: that I'm that I'm still out there. And actually that
33:52
Speaker 2: email was sent, like I don't know, very soon before
33:56
Speaker 2: he goes to prison and ends up dead.
33:58
Speaker 4: Yeah, interesting stuff. We also had a couple more things
34:02
Speaker 4: that I wanted to bring up here. So on the
34:05
Speaker 4: censorship angle, right, obviously, there's been widespread criticism on both sides,
34:10
Speaker 4: both in terms of a lack of censorship of some
34:13
Speaker 4: of the potential victims as well as over censoring on
34:16
Speaker 4: people who could be, you know, potentially implicated in Jeffrey
34:19
Speaker 4: Epstein's deeds. But we had this as well, pointed out
34:24
Speaker 4: here by quad Carl that seems to be sort of
34:27
Speaker 4: like a slip up on some sort of automated redacting
34:32
Speaker 4: by the Trump administration. So if you see here, in
34:34
Speaker 4: this seemingly innocuous sentence, this person says, I was going
34:37
Speaker 4: to take polo lessons in Calgary, but I redacted think
34:41
Speaker 4: my body can handle it. Now, I think it's pretty
34:43
Speaker 4: reasonable to assume that this person says I don't think
34:47
Speaker 4: my body can handle it, but probably had some sort
34:49
Speaker 4: of a typo that and said, don my dawn think
34:53
Speaker 4: my body can handle it, So could be some sort
34:56
Speaker 4: of an indication here that there was sweeping censorship and
35:00
Speaker 4: redactions on many things having to do with keywords like
35:04
Speaker 4: don or Donald or Trump or Donald Trump or whatever
35:07
Speaker 4: else the case may be. So, you know, even with
35:10
Speaker 4: the shocking stuff that we have gotten from these files,
35:13
Speaker 4: it seems like it's still a tiny fraction of what
35:16
Speaker 4: actually exists out there.
35:17
Speaker 2: What do you make of this, Ryan, Because on the
35:18
Speaker 2: other hand, we just saw an email where Don Junior
35:21
Speaker 2: was in there unredacted.
35:22
Speaker 3: Mm hmm. Seem it's it's sloppy. You know, they you know,
35:27
Speaker 3: they were wrecked by Doge, So like this is still
35:32
Speaker 3: a human enterprise, Like they have to like actually execute it.
35:36
Speaker 2: Well, and they could have assigned down different batches to
35:39
Speaker 2: you know, different different working on it. So this one
35:42
Speaker 2: sensored Don, this one screwed up and didn't sensor don Or.
35:45
Speaker 2: Who knows.
35:45
Speaker 3: And there's one I was that was really telling to
35:47
Speaker 3: me that I was looking out the other day. That's
35:49
Speaker 3: it's an exchange between Epstein and Scaramoucci, And it's very
35:52
Speaker 3: clearly Scaramouci because he's saying, I'm doing want to do
35:56
Speaker 3: a CNBC hit and then at the end, he sends
35:58
Speaker 3: a Twitter link and if you type in that Twitter
36:00
Speaker 3: link into Twitter, it's it's the Mooch is CNBC hit.
36:04
Speaker 3: So it's the mooch and he's redacted. It's like, Mooch
36:07
Speaker 3: is not a survivor of Epstein abuse?
36:09
Speaker 2: Like that, we know, why are we protecting this way?
36:13
Speaker 3: Why is the mooch getting protection here like your your
36:16
Speaker 3: eight days and the administration earn you like the protection
36:20
Speaker 3: of the of the censors here. So it's just there
36:24
Speaker 3: clearly are a lot of sensors going through this who
36:27
Speaker 3: feel like it's their job to protect anybody who's friendly
36:31
Speaker 3: to Trump or to their movement.
36:33
Speaker 2: Yeah, and isn't isn't he doing a bit of a
36:35
Speaker 2: right wing turn at the moment. Separating from my dis
36:38
Speaker 2: touch knowers of whatever, anyway, I mean, I just there's
36:42
Speaker 2: a disgusting level of all the men who are involved
36:45
Speaker 2: here being redacted and protected and then many victims being exposed.
36:51
Speaker 2: And you know, I think that that in and of
36:54
Speaker 2: itself speaks to their their priorities here.
36:56
Speaker 3: And then they're they're using they're then using their own
37:00
Speaker 3: screw ups to then justify mass kind of withdrawing of
37:04
Speaker 3: documents from the public, Like, there's this one email where
37:07
Speaker 3: somebody who a woman who seems to be in pretty
37:09
Speaker 3: good terms with Epstein, a grown woman, sends him a
37:12
Speaker 3: bunch of like nude picks, and they shouldn't have but
37:17
Speaker 3: they did. They posted all of those, like all of
37:19
Speaker 3: those picks. Then they go and they're like, oh, we
37:24
Speaker 3: we accidentally included a lot of child sex abuse material,
37:28
Speaker 3: a lot of sea SAM was put in. So we're
37:29
Speaker 3: pulling back all of this stuff. It's like, no, you didn't,
37:34
Speaker 3: you didn't, actually do you? You erroneously posted this woman's
37:38
Speaker 3: nude photos and you should withdraw those. But she's an adult.
37:42
Speaker 3: And so they're using the sea SAM claims because the
37:47
Speaker 3: public is like, oh see Sam, don't I don't want
37:49
Speaker 3: to be anywhere near it, and yeah, just wildly so.
37:52
Speaker 3: But they're lying about what's in there, right claim because
37:55
Speaker 3: because nobody's gonna then call them on it.
37:57
Speaker 4: And in the in the days after these the initial
37:59
Speaker 4: back which was dropped, if you did certain keyword searches
38:02
Speaker 4: on specific names, you could see the amount of results
38:06
Speaker 4: that came up would drop slowly over time. It would
38:08
Speaker 4: go from five thousand to oh now it's forty seven
38:10
Speaker 4: hundred now it's forty three hundred or whatever over successive
38:13
Speaker 4: days as they were removing some of it.
38:15
Speaker 2: Well, you guys got them all over at a jmail.
38:18
Speaker 3: Right, Yes, I think we do. I think we have
38:24
Speaker 3: I think we have them. Like we're constantly to cat
38:26
Speaker 3: and mouse game with their posting and withdrawing, but I
38:29
Speaker 3: think we've got them. Yeah.
38:30
Speaker 2: Yeah. So another reason why you should check out that
38:34
Speaker 2: tool if you're wanting to do some journalism here yourselves,
38:37
Speaker 2: and you know, just get a sense for how these
38:39
Speaker 2: networks operated and what their day to day exchanges were like,
38:42
Speaker 2: because it is an extraordinary and horrifying window. And I mean,
38:46
Speaker 2: I don't know about you, Ryan, Like when I thought
38:51
Speaker 2: about the way the world worked and like these networks
38:54
Speaker 2: of power and you know, how this all operated, I
38:58
Speaker 2: thought it was a little more diffuse, Like it's just
39:02
Speaker 2: so incredibly direct. Like the most I guess, most cynical
39:07
Speaker 2: view I possibly could have had of how the how
39:11
Speaker 2: power networks operate like was maybe not even cynical enough
39:16
Speaker 2: based on you know, based on these emails and these
39:18
Speaker 2: exchanges and the way that you know they're all insider
39:21
Speaker 2: trading with each other, they're all protecting each other. They're
39:23
Speaker 2: all bonded together through these like heinous acts and yeah,
39:29
Speaker 2: I don't know.
39:30
Speaker 3: Yeah, my colleague Mas and I were in New York
39:32
Speaker 3: Wednesday and Thursday filming a video around Epstein's neighborhood. And
39:38
Speaker 3: what really is so striking about being there is how
39:43
Speaker 3: tight of a social set this is. Like it's all
39:47
Speaker 3: of these super elite rich people, like we understand that
39:51
Speaker 3: they travel in the same professional circles. And for people
39:54
Speaker 3: who live on the Upper East Side, like they understand
39:59
Speaker 3: the social scene there. But for those of us that
40:01
Speaker 3: don't like being there is like, oh, like this person
40:05
Speaker 3: lives here, this person lives here, this person lives here.
40:07
Speaker 3: Woody Allen's here, Jeffrey Epstein's here, Donald Trump's the Plaza
40:11
Speaker 3: is here, Trump's building is here, The UN's right here.
40:15
Speaker 3: Like it's all happening in a few blocks, and all
40:19
Speaker 3: the wealth that like is pouring into the United States
40:21
Speaker 3: is like just staying like right in those few blocks.
40:24
Speaker 3: And they're all hanging out with each other all the time, yep.
40:28
Speaker 3: And so it brings home how go.
40:31
Speaker 2: Into the Hamptons this time of year, Palm Beach that
40:33
Speaker 2: time they go to these restaurants in the Upper east Side,
40:36
Speaker 2: leaving these neighborhoods go to their kids go to these schools. Absolutely.
40:41
Speaker 3: Yeah, So it really does bring home your point about
40:43
Speaker 3: how tight this really is. And it's because and it's
40:47
Speaker 3: very easy to understand what you get there. It's like, oh,
40:49
Speaker 3: we all understand these social circles. They just happen to
40:51
Speaker 3: be running the world.
40:53
Speaker 2: Yeah. I think the other thing that I've been thinking
40:56
Speaker 2: a lot about is like they use these are not
41:00
Speaker 2: people who have any sort of like patriotic loyalty. Their
41:04
Speaker 2: loyalty is only to themselves in their class, like truly.
41:07
Speaker 2: And so the episode that spells that out, I mean
41:10
Speaker 2: there's a number of them. The email exchange, where is
41:14
Speaker 2: it Peter Tiel that Epstein is talking to when he's like,
41:18
Speaker 2: you know, zero interest rates were too high and we
41:21
Speaker 2: need more chaos because it's easier to like, you know,
41:25
Speaker 2: to profit when there's death and destruction and collapse than
41:29
Speaker 2: trying to find a good deal during ordinary times. You know,
41:32
Speaker 2: I'm butchering the language, but that was what he was saying.
41:35
Speaker 2: I mean, that's you know, I mean, it's deeply not
41:37
Speaker 2: just not patriotic, and it's like deeply anti human. Yeah,
41:42
Speaker 2: anti social, anti creation, anti human and then also the
41:47
Speaker 2: revelations about Lord Mandelssohn where he's plotting with Epstein against
41:52
Speaker 2: the UK and like let's get Jamie Diamond in here,
41:57
Speaker 2: you know, to bully the government so that this bank
42:00
Speaker 2: grobonus thing we don't want doesn't go through and he
42:02
Speaker 2: can like threaten them, you know with exor y or z.
42:05
Speaker 2: So again it's like it's actually treasonous behavior, which part
42:09
Speaker 2: of why it's that's a scandal in the UK because
42:11
Speaker 2: you're plotting with this financier against the government, against the
42:16
Speaker 2: will of the people directly, so and jail that guy
42:21
Speaker 2: might actually go to jail. I mean, he's it's a
42:23
Speaker 2: pretty clear cut, like the insider trading part of that
42:25
Speaker 2: is like pretty clear cut. You know, he's instantly and
42:27
Speaker 2: this is crazy, Like you're in the midst of the
42:29
Speaker 2: crash in two thousand and eight and what you're thinking
42:32
Speaker 2: of doing is like I just got this information, let
42:35
Speaker 2: me forward it to Jeffrey Epstein, Like that's your first move.
42:39
Speaker 2: That's insane. That's insane. But it just shows you like
42:43
Speaker 2: Epstein didn't need to be some sort of like absolute
42:46
Speaker 2: financial wizard because the network was everything right and he
42:50
Speaker 2: had certainly, and I mean he was a knowledgeable person about,
42:53
Speaker 2: you know, financial innerwork. He was very early to bitcoin.
42:55
Speaker 2: There's a lot of questions about that too, of just
42:58
Speaker 2: how involved he was in the early days a bitcoin
43:01
Speaker 2: and how beneficial that was to him. And I'm sure
43:03
Speaker 2: he instantly understood this is a useful network for my
43:06
Speaker 2: criminal behavior, as many people did do and did with
43:10
Speaker 2: crypto et cetera. But in any case, he didn't have
43:13
Speaker 2: to be a financial wizard. If you have that kind
43:15
Speaker 2: of insider information, it's easy. You get the tip, Oh,
43:19
Speaker 2: we're going to do a five hundred euro bailout. You
43:22
Speaker 2: know that's coming. Okay, well, let's let's do this. There
43:24
Speaker 2: was one actually, do we have this one about the
43:26
Speaker 2: shorting the ruble mac Yeah, yeah, we do put that
43:29
Speaker 2: one up because that's very relevant to this. He was
43:32
Speaker 2: short shorting the ruble just before they what invated CRIMEA
43:35
Speaker 2: isn't that the timing of it five days before?
43:38
Speaker 3: Yeah, let's check the dates, and this person might have
43:40
Speaker 3: had the time off a little bit, but yeah, he.
43:43
Speaker 4: So the date the day from this email from epscene
43:45
Speaker 4: is on March thirteenth, twenty fourteen, So I think that
43:49
Speaker 4: is about seven or.
43:50
Speaker 3: So days before the official annexation.
43:54
Speaker 2: So why that move right suddenly? You know?
43:58
Speaker 4: No, there was another one here that puts it more
44:00
Speaker 4: into kind of explicit picture for the framework of what
44:03
Speaker 4: you're describing here a crystal. So this is an email
44:05
Speaker 4: between Epstein and a Rothschild here, and she says, Hi, Jeff,
44:10
Speaker 4: very long day sitting on the bank board. Numbers are okay,
44:13
Speaker 4: but not satisfactory to me, and I'm putting them. I'm
44:15
Speaker 4: being put under pressure to be more innovative about asset
44:18
Speaker 4: management funds while restructuring. I'm in a dinner with a client,
44:21
Speaker 4: fed up. I miss our talks and hope that you're well,
44:23
Speaker 4: will be home tomorrow night, will you be free? And
44:26
Speaker 4: let's discuss Ukraine. And this was after Epstein had said
44:30
Speaker 4: Ukraine upheaval should provide many opportunities many yeah, you know,
44:36
Speaker 4: similar And also one more example of that here is
44:39
Speaker 4: real quick is it reminds me of this drop site
44:41
Speaker 4: reporting here from y'all Ryan where And this is in
44:44
Speaker 4: the piece on Kotovar and him working with edhud Barack
44:47
Speaker 4: to set up some sort of a security agreement. So
44:50
Speaker 4: this was an email between Epstein and Edhud Barock, the
44:54
Speaker 4: former Prime Minister and Defense Minister of Israel. He said,
44:57
Speaker 4: with civil unrest exploding and the desp of those in power,
45:01
Speaker 4: isn't this perfect for you? And then Barack replied, you're
45:04
Speaker 4: right in a way, but it's not simple to transform
45:07
Speaker 4: it into a cash flow. So like, this is the
45:09
Speaker 4: sort of mentality that they had with with chaos and
45:13
Speaker 4: disruption and destabilization around the world, is how can we
45:16
Speaker 4: use this for our own power games? How can we
45:18
Speaker 4: use this to transform it into a cash flow?
45:21
Speaker 2: Yeah, which, again, like you know, this is disaster capitalism,
45:25
Speaker 2: this is you know, these are concepts that obviously we
45:28
Speaker 2: are very familiar with, but to just see it so
45:31
Speaker 2: overt and so naked, like oh war, yay, goodie, amazing
45:37
Speaker 2: opportunities for us to get even richer and more powerful.
45:41
Speaker 3: Yeah, And they use of cash flow as an interesting,
45:44
Speaker 3: like little bit of daylight between at Barack and Epstein,
45:48
Speaker 3: because Epstein's like, hey, chaos, like, let's go in and
45:51
Speaker 3: make you know, seventy five million dollars like tomorrow, and
45:54
Speaker 3: Barack is thinking, okay, but I also I just want
45:57
Speaker 3: I just want millions flowing in constantly and all of
46:01
Speaker 3: this chaos like makes the flow part of it tricky.
46:05
Speaker 3: He just wants to sit back and just let it
46:06
Speaker 3: flow in, whereas Epstein's more of a parapatetic, like, let's
46:11
Speaker 3: just bounce around the world and like stash what we can.
46:15
Speaker 3: But you know, you can do both if you work
46:17
Speaker 3: hard enough at it.
46:19
Speaker 2: Yeah, apparently. Yeah. I mean there's an extraordinary email about
46:21
Speaker 2: Libya as well, where they're like, here's you know, here's
46:25
Speaker 2: how much natural resources they have. I think we could
46:27
Speaker 2: skim this much off of it. And this is before we,
46:30
Speaker 2: you know, came in and took out Goodafi. So you know,
46:34
Speaker 2: that's that's the way that they think. And so you know,
46:38
Speaker 2: going back to the point about how about nationalism, Like
46:41
Speaker 2: they see nation states and they see nationalistic sentiment as
46:46
Speaker 2: like a tool to be exploited as well, like a
46:50
Speaker 2: you know, a rubish understanding of the world while they're
46:54
Speaker 2: operating at the level that action really happens, which is
46:58
Speaker 2: using the entire globe as their plaything and you know,
47:03
Speaker 2: moving the pieces around such that it benefits them even
47:07
Speaker 2: as it and miserates the world. And the other thing
47:09
Speaker 2: that I keep coming back to is there's an extraordinary
47:11
Speaker 2: exchange where he's talking about. He sort of has contempt
47:14
Speaker 2: for Bill Gates because Gates is doing all this charity
47:16
Speaker 2: work in Africa and keeps asking Epstein like, Hey, do
47:19
Speaker 2: you want to like contribute to whatever extra y ors
47:21
Speaker 2: e global health initiative I'm doing in Africa. And Epstein
47:24
Speaker 2: is very irritated by this because he says, he's got
47:28
Speaker 2: this Catholic notion that all humans are are equally worth,
47:32
Speaker 2: you know, are worth equal amounts, like that they're of
47:34
Speaker 2: equal value. And he just thinks that this is so
47:37
Speaker 2: preposterous and naive because he has this supremacist ideology and
47:42
Speaker 2: overtly eugenicist ideology that he talks about openly and is
47:46
Speaker 2: trying to put into practice through his like breeding ranch
47:49
Speaker 2: in New Mexico, where you know, he wants to see
47:52
Speaker 2: the world with his superior his superior offspring. And it's
47:57
Speaker 2: very similar to the ideology of Elon Musk for example,
48:01
Speaker 2: or there was like a Chinese billionaire who was doing
48:03
Speaker 2: the same thing. These It's very natural for these wealthy,
48:07
Speaker 2: powerful men to have supremacist and eugenicist ideologies because it
48:12
Speaker 2: justifies their place in the hierarchy. It allows them to
48:17
Speaker 2: fully embrace disaster capitalism and exploiting war and not giving
48:21
Speaker 2: shit about all of the tremendous horror and harm that
48:24
Speaker 2: they're causing around the world. Because those people aren't really
48:26
Speaker 2: people the way that we are. They don't deserve to
48:29
Speaker 2: have the lives that we live.
48:33
Speaker 4: All right, Shall we go ahead and move on over
48:35
Speaker 4: to ECON now?
48:36
Speaker 5: All right?
48:37
Speaker 3: So the economy really sucks, mac. We've got a couple
48:39
Speaker 3: of stories to go through here, and the data is
48:43
Speaker 3: starting to really put some meat on the bones of
48:46
Speaker 3: what people have been feeling for a very long time,
48:50
Speaker 3: which is that there are no jobs to be had.
48:55
Speaker 3: Like it's this weird situation where we're seeing we're starting
48:59
Speaker 3: to see a significant number of layoffs. It's but it's
49:04
Speaker 3: not as if you're getting a that's the biggest problem
49:07
Speaker 3: has been that they're just aren't job opening. So like
49:10
Speaker 3: if you wind up unemployed, you're in a it's very
49:14
Speaker 3: very hard to find a new job. Though people aren't.
49:16
Speaker 3: People are starting to get fired and laid off in
49:18
Speaker 3: a pretty rapid at a pretty rapid clip. But what
49:22
Speaker 3: has led into this and has been this this absolute
49:27
Speaker 3: like just lack of any jobs opening. Politico has an
49:33
Speaker 3: interesting lead here which is just let's roll. Well, just
49:38
Speaker 3: read what they say here say President Donald Trump's economy
49:41
Speaker 3: is boom booming, But if you're looking for a job,
49:44
Speaker 3: good luck. The Labor Department reported on Thursday that job
49:48
Speaker 3: openings in December unexpectedly dropped to their lowest level since
49:52
Speaker 3: mid twenty twenty, during the heart of the COVID nineteen pandemic.
49:56
Speaker 3: It's a sign that companies have cooled on hiring despite
49:59
Speaker 3: an economic expansion that the White House has framed as
50:02
Speaker 3: the dawn of a new golden age. So we have
50:04
Speaker 3: this weird situation where we are not at all technically
50:08
Speaker 3: in a recession because GDP is growing, but there's all
50:17
Speaker 3: of this insane you know, tariff chaos that has been
50:20
Speaker 3: sending uncertainty into the market. But people are also then
50:24
Speaker 3: wondering how much of this is AI every So I
50:29
Speaker 3: talked to a lot of managers and executives at major
50:33
Speaker 3: companies around the world, and what they all tell me,
50:35
Speaker 3: I'm curious if you guys have had any conversations with
50:37
Speaker 3: people that are similar to this. It's like, when somebody
50:41
Speaker 3: leaves a job now at a company, the first thing
50:45
Speaker 3: they do is it used to be when as the
50:48
Speaker 3: economy is rolling, all right, this person left the job,
50:52
Speaker 3: we need to hire someone to replace them. Now it
50:55
Speaker 3: is we need to look very hard at can we
51:00
Speaker 3: do their job using the productivity gains we're getting from
51:04
Speaker 3: AI to spread to spread the work to other humans
51:10
Speaker 3: who can be more productive because they've got you know,
51:14
Speaker 3: these AI capabilities. In other words, if somebody leaves, can
51:18
Speaker 3: we just not hire somebody? And the answer that so
51:20
Speaker 3: many managers are coming back with is is yes, we
51:24
Speaker 3: do not need to hire for this role. And there
51:28
Speaker 3: are a lot of these, you know, Fortune Fortune five
51:30
Speaker 3: hundred companies are are forecasting that this process of attrition
51:36
Speaker 3: is going to lead to massive reductions in their workforces
51:40
Speaker 3: over the years. So some of it is this uncertainty
51:45
Speaker 3: sparked by Trump's kind of incessant need to like own
51:50
Speaker 3: goal like the economy, but some of it is also
51:52
Speaker 3: these companies saying, do we actually need people to fill
51:56
Speaker 3: this role? Maybe we don't.
51:58
Speaker 2: When what is your estimation of how these tech oligarchs
52:04
Speaker 2: think this is all going to work out? Because you know,
52:07
Speaker 2: I mentioned this yesterday. Chris has had this viral tweet
52:10
Speaker 2: where he's like, I need you people to understand billionaires
52:12
Speaker 2: are trying to do to white collar workers what they
52:14
Speaker 2: already did to blue collar workers. Like that's where we're heading.
52:17
Speaker 2: As you've pointed out in the past. Now the bulk
52:20
Speaker 2: of consumer spending is with again the you know, top
52:23
Speaker 2: several percentile in the country. So don't really need your
52:26
Speaker 2: consumer dollars anymore. They don't need your labor, They don't
52:30
Speaker 2: need your consumer dollars, Like they don't need you even
52:33
Speaker 2: to send is meat into the grinder for their wars
52:36
Speaker 2: increasingly with like AI warfare and the use of special operations.
52:42
Speaker 2: So what is there, Like, what do you think they're
52:45
Speaker 2: planning how this is going to work out?
52:48
Speaker 3: What they what they will tell you is a version
52:50
Speaker 3: of Sam Altman's and Elon Musk's explanation for why they're
52:53
Speaker 3: doing AI. They will say, I agree with you and
52:58
Speaker 3: I and I actually fear for what this is producing
53:01
Speaker 3: in the country and in the world, and I fear
53:04
Speaker 3: what it's going to leave to the world that my
53:07
Speaker 3: children are going to inherit. But my job as a
53:11
Speaker 3: corporate executive is to do what the company needs to
53:15
Speaker 3: do to get ahead. And if I don't do it,
53:18
Speaker 3: my competitor is going to do it. And we're going
53:21
Speaker 3: to and we'll and then we will fail and we
53:23
Speaker 3: will lose to them.
53:24
Speaker 2: Like that.
53:24
Speaker 3: That is that is what all of them say. And
53:26
Speaker 3: it is a genuine collective action problem in a decentralized
53:32
Speaker 3: capitalistic economy like this, where you don't have a kind
53:38
Speaker 3: of state that's able to say no, Like, these are
53:42
Speaker 3: the forces that we're seeing, but from a social perspective,
53:45
Speaker 3: this is how we want to direct those forces. And we,
53:49
Speaker 3: as a you know, self governing democratic you know, polity,
53:54
Speaker 3: are going to do that that we don't have that.
53:56
Speaker 3: What we have as are our companies who have quarterly
54:00
Speaker 3: earnings reports coming up and they need and now are
54:06
Speaker 3: starting to be measured by you know, the levels of
54:09
Speaker 3: attrition that they can they can pull off, the number
54:12
Speaker 3: of the number the amount of people that they can
54:15
Speaker 3: replace with AI.
54:16
Speaker 2: Yeah. Well, and I mean my answer societally because obviously
54:20
Speaker 2: this you know, off to the race's AI pushes coming
54:23
Speaker 2: from the Trump administration. You know, this is really their
54:26
Speaker 2: big bet on the economy. You know, it's not like
54:30
Speaker 2: Trump thinks tariffs are fun, but the real big bet
54:34
Speaker 2: is on we're going to take off all the guardrails
54:37
Speaker 2: and we're going to flood, the like AI tech oligarchs,
54:40
Speaker 2: go go go, no holds barred, And I think you
54:45
Speaker 2: see in their budget priorities the way they're thinking about
54:48
Speaker 2: how this is going to go. That's why they're funding
54:51
Speaker 2: the largest law enforcement agency in history in Ice, you know,
54:55
Speaker 2: better funded the immigration enforcement operations, better funded than any
55:00
Speaker 2: military on the planet except for two ours in China.
55:03
Speaker 2: So they need this massive domestic police state, equipped with
55:08
Speaker 2: the surveillance state and all of that stuff. And then
55:12
Speaker 2: you also have him asking for one point five trillion
55:15
Speaker 2: dollar defense budget. So that's their view. And they only,
55:20
Speaker 2: like they foolishly only believe in hard power, right, That's
55:25
Speaker 2: what you see in the way that they operate in
55:27
Speaker 2: the world. They are delusional enough to think it's enough
55:30
Speaker 2: just to you know, to hold people in place using
55:34
Speaker 2: guns and hard power. And so I think that's I
55:37
Speaker 2: think that's their plan. I mean, just judging by their
55:40
Speaker 2: budget priorities and where they're shifting resources and focus and money.
55:46
Speaker 5: Ye.
55:46
Speaker 4: Yeah, I mean, Ryan to your point earlier, like, there
55:49
Speaker 4: is a way that we could be going about this
55:51
Speaker 4: that actually does serve the needs and then could improve
55:54
Speaker 4: the lives of average Americans. But it's it's impossible to
55:58
Speaker 4: do that under a capital structure like we have in
56:01
Speaker 4: this country. It seems like AI technology is almost the
56:06
Speaker 4: most in term, the most extreme example of a race
56:10
Speaker 4: towards monopoly under capitalism, because it's so rapidly advancing and
56:15
Speaker 4: consolidating and eventually we're going to have one company that
56:18
Speaker 4: ends up getting that major, big breakthrough moving forward. And
56:22
Speaker 4: so you know, under the structure that we have right now,
56:25
Speaker 4: the no holds bar trump, let's let it all rip.
56:28
Speaker 4: Where is this going to end up other than just
56:30
Speaker 4: with monopolistic sort of like a techno feudal society where
56:35
Speaker 4: we have a handful of people who control the entirety
56:38
Speaker 4: of the most powerful technology that's ever been wielded by
56:41
Speaker 4: human human beings, and then everybody else is just sort
56:44
Speaker 4: of left to rot. I mean what, it doesn't even
56:47
Speaker 4: seem like they hypothetically have a sustainable plan for the
56:52
Speaker 4: next ten to fifteen to twenty future, twenty years down
56:55
Speaker 4: the line in the future.
56:56
Speaker 3: Now corporate executives are talking to them is some it's
57:01
Speaker 3: some of the source of the greatest doomerism. Like they're
57:04
Speaker 3: there and you can judge them, you know, for being
57:08
Speaker 3: the ones like foot soldiering and carrying it out. But
57:12
Speaker 3: they're they're as there as like they're even more frightened
57:16
Speaker 3: that shocking shockingly than like the average public, because they're
57:20
Speaker 3: seeing it like happening now.
57:22
Speaker 2: Which is why they're like building bunkers and planning escape.
57:26
Speaker 3: These are the types of people who make like, let's say,
57:30
Speaker 3: eight hundred thousand dollars a year rather than eighty million
57:34
Speaker 3: dollars a year. They're they're very rich and doing well
57:37
Speaker 3: and they'll be fine and they can probably make sure
57:40
Speaker 3: their kids are fine ish, but they also care about
57:45
Speaker 3: the world, and there's but there's you know, they're stuck
57:47
Speaker 3: in there. They're in these jobs and they're like what
57:50
Speaker 3: we're seeing like unfold around us. You know, we're gonna
57:55
Speaker 3: you know, our head count's going to go by drop
57:56
Speaker 3: by thirty, fifty eighty percent, like over the next year, three, four,
58:01
Speaker 3: five years, and you do that across the board, Like
58:07
Speaker 3: what are these people going to do? Yeah, and like
58:10
Speaker 3: how do you support a show like this when yeah, yeah,
58:15
Speaker 3: tens of thousands more of our like paying subscribers are
58:19
Speaker 3: laid off, Like it's a it is a very dark
58:23
Speaker 3: time that we're like that we're heading into and the
58:26
Speaker 3: oligarchs have nothing beyond UBI at this point. Like, yeah,
58:29
Speaker 3: that was their vision because they saw this comp They're like,
58:32
Speaker 3: if we succeed in what we're trying to do, we're
58:36
Speaker 3: going to desiccate society, and so we need then universal
58:40
Speaker 3: banked basic income. Like that was their answer. I haven't
58:43
Speaker 3: seen them come up with anything.
58:46
Speaker 2: And then you also have this sort of concentration camps.
58:49
Speaker 2: I mean, we're I mean, I hate to be really dark,
58:51
Speaker 2: but we're ice is building out. You know, they're buying
58:55
Speaker 2: fields and installing warehouses and you know, and and it's
59:00
Speaker 2: this massive police state that is being funded. We already
59:05
Speaker 2: know that it's not just for immigrants. I mean, we
59:07
Speaker 2: already see that people are clashing with in the streets
59:09
Speaker 2: are mostly white liberals. So I don't think it's too
59:13
Speaker 2: crazy to think that that is part of the plan,
59:16
Speaker 2: at least enough to like scare people into to line
59:19
Speaker 2: into control movement and control opposition, et cetera. So I mean,
59:24
Speaker 2: I think that's from the political class. I think that's
59:26
Speaker 2: the way they're that's the way they're thinking about it
59:29
Speaker 2: because they don't need you anymore. Right, the only reason
59:31
Speaker 2: they need you is for your labor, and if they
59:33
Speaker 2: don't need your labor, they don't need you anymore.
59:36
Speaker 4: Yeah, And I also wonder like with this sort of
59:39
Speaker 4: like transhumanism mindset, or even in some cases seemingly like
59:43
Speaker 4: anti human perspectives, like how pervasive is that amongst the
59:48
Speaker 4: upper levels of some of these these tech companies where
59:51
Speaker 4: they might just like not, I mean, you remember that
59:53
Speaker 4: that Peter Teele clip I think it was Peter Teel
59:55
Speaker 4: from a while back, where he was asked like, is
59:57
Speaker 4: it important that human civilization continues or that human beings
1:00:01
Speaker 4: continue into the future, and he like legitimately had to
1:00:04
Speaker 4: pause and think about whether or not he thought that
1:00:08
Speaker 4: that was something that needed to happen moving forward. So
1:00:10
Speaker 4: I think for some of them, there's an acceptance or
1:00:14
Speaker 4: a willingness to just sort of blindly go down this
1:00:17
Speaker 4: path that even they know will lead to civilizational destruction
1:00:23
Speaker 4: or mass suffering or whatever it ends up being.
1:00:26
Speaker 2: There is a view in Siliconvie. I don't know how pervasive,
1:00:30
Speaker 2: but there is a view that having an attachment to
1:00:34
Speaker 2: human beings is speciest and so that true enlightenment, enlightenment
1:00:38
Speaker 2: comes from not caring that the robots take over and
1:00:42
Speaker 2: crushes like ants if they're you know, furthering their civilization
1:00:46
Speaker 2: and able to come up with, you know, these incredible
1:00:49
Speaker 2: technological solutions, Like we should all be in favor of that,
1:00:52
Speaker 2: and that for us to be sentimentally attached to human
1:00:55
Speaker 2: beings is very small minded thinking of us.
1:00:57
Speaker 3: Yeah, just stbic stuff. Mac, do you want to put
1:01:00
Speaker 3: up this CNBC one? Sure? Because this is so I
1:01:05
Speaker 3: was saying, like, the big problem with the economy has
1:01:09
Speaker 3: not been layoffs up until now. It has more been
1:01:12
Speaker 3: when people leave they can't find a job, that there's
1:01:15
Speaker 3: no there's no new job openings. Now we're getting a
1:01:17
Speaker 3: double whammy. Layoffs in January were the highest to start
1:01:21
Speaker 3: a year since two thousand and nine, according to Challenger,
1:01:24
Speaker 3: which which which measures these hundred and eight thousand layoffs
1:01:30
Speaker 3: for the month which they have up, which they have
1:01:34
Speaker 3: doubling from more than doubling from the same period a
1:01:37
Speaker 3: year ago, up up two hundred was it two hundred
1:01:40
Speaker 3: and five percent from last month? Like that's wow, insane wow,
1:01:46
Speaker 3: And they say at the same time, companies announced just
1:01:49
Speaker 3: five thousand, three hundred and six new hires, the lowest
1:01:54
Speaker 3: UH since January of two thousand and nine. If you
1:01:58
Speaker 3: weren't around for January of two thousand and nine, that
1:02:01
Speaker 3: was the darkest time in the American economy since the
1:02:04
Speaker 3: Great Depression. So like, and this is going on while
1:02:10
Speaker 3: Trump is talking about a boom, and while GDP is
1:02:12
Speaker 3: growing like GDP is still maybe it's gonna be down
1:02:14
Speaker 3: in the next quarter, but still growing ish like, So
1:02:20
Speaker 3: this is the thing. The wheels are coming off, is
1:02:23
Speaker 3: basically what these numbers are showing.
1:02:26
Speaker 2: Before we jump to the premium half. Ryan Rocco question
1:02:29
Speaker 2: for you, what do you make of the bitcoin drop?
1:02:34
Speaker 2: What do you think is going on there?
1:02:36
Speaker 3: I don't know. I don't know, Like it's some I
1:02:41
Speaker 3: saw somewhere that like an early whale dumped billions. I so,
1:02:48
Speaker 3: and you know, the now getting all of these the
1:02:54
Speaker 3: bitco the bitcoin crowd really wanted all these institutions like
1:02:57
Speaker 3: banks and others to like get in on the on
1:03:02
Speaker 3: the rush. So you know, yeah, the more buyers, the
1:03:04
Speaker 3: more you push the price up getting them in. Though
1:03:07
Speaker 3: you know, if they're on margin and it hits a
1:03:11
Speaker 3: certain level, you know as it crash is this could
1:03:15
Speaker 3: the crash becomes self fulfilling because you know, if you
1:03:18
Speaker 3: have to sell at seventy thousand, and that now it
1:03:21
Speaker 3: crashed and it hits seventy thousand. Now you've got to
1:03:23
Speaker 3: sell your entire position, and you selling your position moves
1:03:26
Speaker 3: it to sixty nine thousand, and now other people who
1:03:29
Speaker 3: had to sell at sixty nine to cover their margins
1:03:31
Speaker 3: have to sell and that so so some of it
1:03:35
Speaker 3: is like the more people you get in who are
1:03:38
Speaker 3: leveraged like that, the more volatility you're going to get.
1:03:42
Speaker 3: It was already an insanely volatile thing. I'm sure a
1:03:46
Speaker 3: bunch of people are out there buying the dip.
1:03:48
Speaker 2: Well it says right now Bitcoin narrowly avoids falling under
1:03:51
Speaker 2: sixty thousand as it bounces off of lows. So it
1:03:54
Speaker 2: looks like there's a bit of a recovery going on
1:03:56
Speaker 2: right now. But you know, the hope was that as
1:03:59
Speaker 2: the weekends and you know, people move away from it
1:04:03
Speaker 2: as the safe harbor and world reserve currency that quote
1:04:07
Speaker 2: unquote digital gold, which is what they you know, what
1:04:10
Speaker 2: they want bitcoin to be, that that would be the
1:04:12
Speaker 2: thing that would you know, the new flight to safety
1:04:15
Speaker 2: would be bitcoin. But what we've seen instead is that
1:04:18
Speaker 2: it's you know, it's more precious metals, it's like, actually.
1:04:20
Speaker 3: It's ways significantly below what it was when Trump was
1:04:26
Speaker 3: came into office, which he's the crypto president. He's the
1:04:29
Speaker 3: guy if it was ever going to do and shoot
1:04:31
Speaker 3: to the moon, then his coin's good. Yeah, I mean
1:04:34
Speaker 3: I don't know what it's done the last couple of days,
1:04:35
Speaker 3: but like he's up. Yeah, he's up.
1:04:38
Speaker 2: Basically, UA or Saudi or whoever is going to make
1:04:41
Speaker 2: sure that that continues to be the case whenever they
1:04:44
Speaker 2: need some deal done with the government.
1:04:45
Speaker 4: Yeah, and it's kind of it is kind of funny
1:04:47
Speaker 4: to call it the digital gold kind of skirts around,
1:04:50
Speaker 4: like the entire reason why gold has value in the
1:04:53
Speaker 4: first place, or silver has value in the first place
1:04:55
Speaker 4: because of its physical limited nature in reality, I.
1:04:59
Speaker 2: Mean technically limited, you know, because of the way and
1:05:03
Speaker 2: so you have to mine it. So that's why they said, well,
1:05:06
Speaker 2: that's the scarcity that's built into this that makes it
1:05:09
Speaker 2: akin to gold.
1:05:11
Speaker 3: Well that's not going too well right now.
1:05:14
Speaker 2: Yeah, all right, should we should we move over to
1:05:18
Speaker 2: the premium portion. I've got We've got some we I
1:05:20
Speaker 2: have to we have to play these mum donni clips.
1:05:22
Speaker 2: They're just too charming of him with these little children.
1:05:24
Speaker 2: They're absolutely adorable. We have to get to the right
1:05:27
Speaker 2: wing mess. Take a few AMA questions, So if you
1:05:30
Speaker 2: want to get the whole thing, guys breakingpoints dot com.
1:05:33
Speaker 2: If not, we totally get it. Appreciate all of you,
1:05:36
Speaker 2: and we'll see you on the other side.