Latest / Breaking Points with Krystal and Saagar / 5/6/26: Shark Tank Host Faces Data Center Backlash, Nick Shirley Visists Cuba, Trump Attacks Disloyal MAGA, 2026 Dire Job Market

Transcript

5/6/26: Shark Tank Host Faces Data Center Backlash, Nick Shirley Visists Cuba, Trump Attacks Disloyal MAGA, 2026 Dire Job Market · Breaking Points with Krystal and Saagar

• 0:00
  Speaker 1: Hey, guys, Saga and Crystal here.
• 0:01
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• 0:29
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• 0:33
  Speaker 1: One of the biggest data center projects, this one in
• 0:37
  Speaker 1: Utah that you can possibly imagine, is moving forward. Listen,
• 0:41
  Speaker 1: sixty two square miles of desert getting carved up for
• 0:47
  Speaker 1: you know, I guess to jack up your electricity bills.
• 0:51
  Speaker 4: And use more power than the entire state of Utah.
• 0:55
  Speaker 1: It's like sixty two square miles and getting a tax
• 0:58
  Speaker 1: break of humming data center. Like, good, look look at
• 1:03
  Speaker 1: that thing. I don't even I don't even know what
• 1:04
  Speaker 1: to say about that.
• 1:05
  Speaker 4: Look at look at that beautiful, beautiful so chunk of land.
• 1:12
  Speaker 1: Locals out there looked at it, and we're like, uh yeah,
• 1:15
  Speaker 1: don't think I don't think we want this either, did
• 1:18
  Speaker 1: not seem to matter. Let's roll a little bit of
• 1:21
  Speaker 1: uh C two here.
• 1:24
  Speaker 5: All of this as well.
• 1:26
  Speaker 1: Then why won't they let people talk?
• 1:27
  Speaker 5: Why won't.
• 1:31
  Speaker 4: This is not real information?
• 1:32
  Speaker 1: And we sitting here like it's okay, it's a charaine,
• 1:36
  Speaker 1: it's a charaine.
• 1:36
  Speaker 5: It's full.
• 1:50
  Speaker 1: So despite this kind of outpouring of opposition, the project
• 1:53
  Speaker 1: is continuing to move forward. Also, environmental concerns being spelled
• 1:57
  Speaker 1: out roll C three here.
• 2:00
  Speaker 6: How are you upsetting the how are you offsetting these
• 2:02
  Speaker 6: environmental concerns?
• 2:04
  Speaker 7: Well, I'm actually the only developer of data centers on
• 2:08
  Speaker 7: Earth that graduated from environmental studies, so I'm pretty aware
• 2:12
  Speaker 7: of what these concerns are. They are around air, water use, heat,
• 2:18
  Speaker 7: noise pollution. So sustainability is at the heart of what
• 2:24
  Speaker 7: we do in terms of all these proposals, not just Utah.
• 2:27
  Speaker 7: We have ten thousand acres in Alberta, Canada with the
• 2:30
  Speaker 7: same concerns, and so we search for the best technology.
• 2:33
  Speaker 7: There's many air cooled turbines now, so you're blending in
• 2:37
  Speaker 7: air cooled versus water. There's so many different ways to
• 2:41
  Speaker 7: generate power. We can also put a percentage of the
• 2:44
  Speaker 7: power generation through solar, wind and batteries because the battery
• 2:47
  Speaker 7: technology is ten x more efficient than it was just
• 2:51
  Speaker 7: five years ago. So that's very helpful because it makes
• 2:54
  Speaker 7: the cost of energy lower. So no one, you know,
• 2:57
  Speaker 7: if you're environmentalists, then you don't care about that stuff.
• 3:01
  Speaker 7: Of course you protest, and that's what happens.
• 3:03
  Speaker 1: I noted.
• 3:04
  Speaker 7: You know what's happening in Utah right now is we
• 3:08
  Speaker 7: think over ninety percent of the protesters are actually not
• 3:11
  Speaker 7: people that live in Utah or box Elter County.
• 3:13
  Speaker 4: They're being busted in Oh goodness.
• 3:16
  Speaker 1: Yeah, I don't know what I think of this new
• 3:18
  Speaker 1: trend of even like the data center guy.
• 3:21
  Speaker 4: Kevin O'Leary of jud Tank and Party Supreme.
• 3:24
  Speaker 1: Like doing the car thing.
• 3:27
  Speaker 4: I mean, nobody trusts you if you like have overprocessed
• 3:30
  Speaker 4: videos now and they've discovered that three very commercials, not
• 3:33
  Speaker 4: in this case, but like have you started to see
• 3:35
  Speaker 4: some commercials that are filmed like they're on a phone.
• 3:37
  Speaker 4: It's really something.
• 3:38
  Speaker 1: So unless you're like Kyle Kolinsky coming back from the
• 3:41
  Speaker 1: golf course with Crystal nobody wants to hear.
• 3:44
  Speaker 4: Nobody trusts you.
• 3:45
  Speaker 1: Nobody trusty Crystal en Route, nobody trusts your take. Of course,
• 3:50
  Speaker 1: all this is propped up by an inflated bubble put
• 3:55
  Speaker 1: up CE five here. Bloomberg has a nice little graphic
• 3:58
  Speaker 1: this is crazy, tries to explain how how the money
• 4:02
  Speaker 1: is flowing through here and to help us walk, to
• 4:05
  Speaker 1: help us walk through this. Lucky enough to be joined
• 4:08
  Speaker 1: by Rohit Choper, who's the former director of the Consumer
• 4:12
  Speaker 1: Financial Protection Board, also a former FTC commissioner. What's your
• 4:17
  Speaker 1: what's your current gig? Now that Trump threw you out
• 4:20
  Speaker 1: of this CFPB because I don't want to, we don't
• 4:22
  Speaker 1: want to just do formers. Row Hit, welcome to show.
• 4:25
  Speaker 1: What are you up to now?
• 4:26
  Speaker 6: Well, I'm helping out our state attorneys general actually prosecute
• 4:32
  Speaker 6: some of this wrongdoing that the federal agencies are just
• 4:36
  Speaker 6: watching as crime is committed all over the country.
• 4:40
  Speaker 1: Excellent.
• 4:40
  Speaker 4: It would have been really funnyhead if your answer was
• 4:42
  Speaker 4: I'm I'm spearheading massive data center construction.
• 4:45
  Speaker 1: Data center consulting.
• 4:47
  Speaker 5: No.
• 4:48
  Speaker 1: Rowhit is one of the people that keeps corporate America
• 4:50
  Speaker 1: up at night. The the foul language that people like
• 4:55
  Speaker 1: Jamie Diamond have had for Rowhead. I think speaks speaks
• 4:59
  Speaker 1: to speaks quite well to him and to the analysis
• 5:04
  Speaker 1: that he's able to give here. So, first of all,
• 5:08
  Speaker 1: this Utah Data Center project, am I an idiot? Like?
• 5:13
  Speaker 1: Why are they putting these things out in the desert?
• 5:16
  Speaker 1: First of all? When the big problem is overheating? Am
• 5:20
  Speaker 1: I the first person to think of that?
• 5:23
  Speaker 6: Well, here's what we're seeing across the country, massive actually
• 5:28
  Speaker 6: competition from all of these states and localities to hand
• 5:33
  Speaker 6: out tax breaks in order to subsidize these very massive
• 5:37
  Speaker 6: real estate developments. And I think you're seeing an unending
• 5:42
  Speaker 6: thirst for power when it comes to keeping going this
• 5:47
  Speaker 6: AI machine. There is even analysis from Goldman Sachs that
• 5:52
  Speaker 6: is suggesting that AI is contributing to all sorts of
• 5:57
  Speaker 6: increased consumer prices, whether it is the increased cost of
• 6:01
  Speaker 6: electricity that some people believe is a result the increased
• 6:05
  Speaker 6: demand for electronic equipment and chips, as well as a
• 6:09
  Speaker 6: whole other set of costs. So you're starting to see
• 6:13
  Speaker 6: a lot of pushback, especially because some of the traditional
• 6:18
  Speaker 6: arguments for subsidizing these developments, like creating lots of jobs,
• 6:24
  Speaker 6: aren't necessarily materializing. Well, it takes people to construct these
• 6:29
  Speaker 6: data centers. If you walk through some of them, you'll
• 6:32
  Speaker 6: see there's very few people working at them.
• 6:35
  Speaker 4: Have you done that before you've walked through the data centers.
• 6:38
  Speaker 6: I've seen a data center. I've seen it's actually it's
• 6:43
  Speaker 6: quite extraordinary in some ways to see the sheer volume
• 6:47
  Speaker 6: of electronic equipment, the need to cool some of this,
• 6:52
  Speaker 6: and the need to just kind of keep it going
• 6:55
  Speaker 6: twenty four hours a day. And I think we forget
• 6:57
  Speaker 6: that every time we are opening an app or streaming
• 7:01
  Speaker 6: a show that is really resting on those behemoth data centers.
• 7:06
  Speaker 4: So on that point Trump takes office, CFPB, you're gone.
• 7:12
  Speaker 4: CFPB is now a shell of its former self. Basically
• 7:15
  Speaker 4: was doged, which was a plan of the conservative movement
• 7:18
  Speaker 4: long before Doge, of course, But one of the things
• 7:22
  Speaker 4: that you were doing, and correct me if I'm wrong,
• 7:24
  Speaker 4: at the CFPP was starting to pay really close attention
• 7:26
  Speaker 4: to the consumer effects of cryptocurrency. And I think one
• 7:31
  Speaker 4: of the reasons cryptocurrency and just financialization and the like.
• 7:35
  Speaker 4: And I think one of the reasons that people are
• 7:38
  Speaker 4: so mad about what started to happen with the data
• 7:41
  Speaker 4: centers is that they look around and they say, for what,
• 7:44
  Speaker 4: what is all of this? All of this is war schemes,
• 7:48
  Speaker 4: whether it's I mean, crypto isn't directly related to this,
• 7:51
  Speaker 4: or maybe it is, correct me if I'm wrong, but
• 7:53
  Speaker 4: like it's all to that Bloomberg piece we just we
• 7:56
  Speaker 4: just had up on the screen. It's all like Microsoft
• 7:59
  Speaker 4: funding in Nvidia to fund Microsoft, like it's all it
• 8:03
  Speaker 4: all feels fake to people. It all feels like it's
• 8:06
  Speaker 4: for the sake of people who are going to be
• 8:08
  Speaker 4: fine no matter what, just like what happened in the
• 8:11
  Speaker 4: Great Recession. They are going to survive, many of them
• 8:14
  Speaker 4: are going to survive. Average people are going to be
• 8:16
  Speaker 4: screwed once again. And so some of it I think
• 8:18
  Speaker 4: just comes from this anger about what's building up, the
• 8:22
  Speaker 4: froth that's building up in the economy.
• 8:24
  Speaker 6: Yeah, you know, there's a concept that we talk about
• 8:26
  Speaker 6: on Wall Street. It was I think coined by a
• 8:29
  Speaker 6: Bloomberg journalist, number go up, which is really this push
• 8:33
  Speaker 6: no matter what type of asset you're referring to, they
• 8:38
  Speaker 6: want the number.
• 8:39
  Speaker 5: To go up. And we have seen it in the data.
• 8:43
  Speaker 6: The top one percent of Americans now own over fifty
• 8:47
  Speaker 6: percent of the stock market and mutual fund assets in
• 8:52
  Speaker 6: the US. And if you look at the portion of
• 8:55
  Speaker 6: what we refer to as the Magnificent Seven, those big
• 8:58
  Speaker 6: tech companies, Nvidia and others, they are a larger and
• 9:03
  Speaker 6: larger and larger share of the overall stock market. So
• 9:09
  Speaker 6: we're in a situation now, and I'll tell you something.
• 9:13
  Speaker 6: Just in one quarter recently, just baby boomers saw their
• 9:19
  Speaker 6: wealth increase by a trillion dollars and this is due
• 9:24
  Speaker 6: to some of these stock market gains. So we're in
• 9:27
  Speaker 6: a situation where the economy is now in some ways
• 9:31
  Speaker 6: resting on these big asset prices, and many people are
• 9:36
  Speaker 6: wondering are these asset prices really real? You mention what's
• 9:42
  Speaker 6: called circularity. This is where a.
• 9:45
  Speaker 1: Group up while you're talking people.
• 9:48
  Speaker 6: Yeah, these group of companies are really kind of all
• 9:55
  Speaker 6: in deals with each other. Some of it is related
• 9:58
  Speaker 6: to services like cloud, some of it is related to chips,
• 10:02
  Speaker 6: the things that you know in video makes. Some of
• 10:05
  Speaker 6: it is actually investment. So there is really this web
• 10:09
  Speaker 6: and honestly, this Bloomberg graphic doesn't even begin to show
• 10:13
  Speaker 6: some of it. You are seeing that in some cases
• 10:18
  Speaker 6: an enormous part of even the cloud infrastructure is increasingly
• 10:25
  Speaker 6: being paid between these companies. And what's interesting is that
• 10:31
  Speaker 6: it is not necessarily they're paying cash. They're entering into
• 10:35
  Speaker 6: deals financing and equity deals that are really tying some
• 10:40
  Speaker 6: of these firms together.
• 10:41
  Speaker 5: So we don't really know.
• 10:44
  Speaker 6: Is this a situation where if one problem occurs, will
• 10:50
  Speaker 6: it have a ripple effect? I think earlier you mentioned
• 10:53
  Speaker 6: what happened in the financial crisis, the regulators had no
• 10:58
  Speaker 6: clue about the linkages between the big banks between some
• 11:03
  Speaker 6: of these credit default swaps insurance companies like AIG, and
• 11:09
  Speaker 6: the result was a mess. And I think we're starting
• 11:12
  Speaker 6: to worry that maybe there isn't a big problem here.
• 11:16
  Speaker 6: But is anyone really looking because it seems like most
• 11:21
  Speaker 6: of the regulators in Washington are worshiping at these companies
• 11:25
  Speaker 6: alters rather than actually kicking the tires to see if
• 11:30
  Speaker 6: there's a bigger issue on our hands.
• 11:32
  Speaker 1: And so, what happens if the revenue expectations of an
• 11:35
  Speaker 1: open AI or an anthropic start to not meet? Like well, we're.
• 11:41
  Speaker 5: Already seeing signs of this.
• 11:43
  Speaker 6: Open AI I think has delayed its timeline for a
• 11:49
  Speaker 6: IPO where they go public anthropics.
• 11:53
  Speaker 5: I think we still don't have a.
• 11:55
  Speaker 6: Firm timeline on it, and many analysts believe this is
• 11:59
  Speaker 6: because us open AI is not showing the level of
• 12:03
  Speaker 6: revenue that the street expects.
• 12:08
  Speaker 5: So this is the worry.
• 12:10
  Speaker 6: You have a set of companies that are an overwhelming
• 12:14
  Speaker 6: share now of the stock market, over a third of
• 12:17
  Speaker 6: the stock market, and you have all that wealth really
• 12:21
  Speaker 6: concentrated at the upper echelons of the economy, and they
• 12:25
  Speaker 6: are driving those wealthy individuals are driving a huge amount
• 12:29
  Speaker 6: of spending. If we start seeing the stock market values
• 12:34
  Speaker 6: of these companies go down, will they all face a correction?
• 12:40
  Speaker 6: And what will the ripple effect be through the economy.
• 12:42
  Speaker 6: I think that's really what a lot of people, both
• 12:45
  Speaker 6: on Wall Street and who follow the economy closely, are
• 12:49
  Speaker 6: really really curious about.
• 12:51
  Speaker 4: And if we could talk a bit about the consumer
• 12:54
  Speaker 4: end of this rowhead, I'm curious, you know, some of
• 12:57
  Speaker 4: the stuff you all were doing at the CFPB to
• 13:00
  Speaker 4: stealman the conservative argument it was you didn't need the CFPB.
• 13:04
  Speaker 4: The CFPB could sort of be folded into other agencies
• 13:08
  Speaker 4: that already existed. So if we take that seriously for
• 13:12
  Speaker 4: a moment, I'm curious if you believe that some of
• 13:15
  Speaker 4: those responsibilities have adequately been folded into other oversight bodies
• 13:21
  Speaker 4: and what risk. I'm assuming you're gonna say, no, what risk?
• 13:25
  Speaker 4: Then consumers find themselves in with a basically empty CFPB
• 13:31
  Speaker 4: and some of this real economic change happening kind of
• 13:35
  Speaker 4: under everybody's noses right now.
• 13:37
  Speaker 5: Well, let's look at the proof.
• 13:40
  Speaker 6: While I was in office, and even before, the CFPB
• 13:46
  Speaker 6: was regularly returning billions of dollars. I think on average
• 13:51
  Speaker 6: it was over three billion dollars a year, and really
• 13:55
  Speaker 6: some serious fraud.
• 13:57
  Speaker 5: I think we've basically seen zero.
• 14:02
  Speaker 6: I don't I can't even tell you when the last
• 14:04
  Speaker 6: time they took an action. It has mostly been to
• 14:08
  Speaker 6: gut the place. So I think the arguments that someone
• 14:11
  Speaker 6: else would do it just haven't held up. Here's the thing,
• 14:15
  Speaker 6: Emily that I think we've got to really think hard about.
• 14:20
  Speaker 6: It's one thing about, you know, going after fraud, returning.
• 14:24
  Speaker 5: Money to people.
• 14:26
  Speaker 6: The big, big work is often preventing the next meltdown
• 14:31
  Speaker 6: or crisis. Had there had been I think some real
• 14:35
  Speaker 6: scrutiny of subprime mortgages, we wouldn't have gotten into the big,
• 14:40
  Speaker 6: gigantic mess from two thousand and eight that honestly, we
• 14:44
  Speaker 6: are still feeling aspects of today, both politically and economically,
• 14:48
  Speaker 6: including in our housing costs.
• 14:51
  Speaker 5: But I really wonder.
• 14:54
  Speaker 6: These alphabet soup agencies are they asking any question, are
• 15:01
  Speaker 6: they actually looking at anything, or are they simply just
• 15:05
  Speaker 6: doing deals to scratch the backs of political supporters. We're
• 15:11
  Speaker 6: seeing this at the FTC when it comes to mergers,
• 15:15
  Speaker 6: waving mergers through where there is a politically connected lobbyist
• 15:20
  Speaker 6: and going hard on firms that might be enemies of
• 15:24
  Speaker 6: the administration. And what I say to all my conservative
• 15:27
  Speaker 6: friends is that I really thought you guys didn't want
• 15:32
  Speaker 6: the government picking winners and losers. That is really how
• 15:39
  Speaker 6: Russia and China often work. I thought we were about
• 15:44
  Speaker 6: letting people build and create and not just deciding and
• 15:51
  Speaker 6: crowning corporate royalty. I'm worried we're shifting toward that. And
• 15:56
  Speaker 6: let's see if there is a broad spectrum of people
• 16:00
  Speaker 6: across the ideological spectrum who just say no and we're.
• 16:04
  Speaker 5: Tired of it.
• 16:05
  Speaker 4: Yeah, I'm picking a lot of tech companies those winners
• 16:07
  Speaker 4: in particular.
• 16:09
  Speaker 1: And Rohitchroper I also wanted to ask you uh to
• 16:12
  Speaker 1: kind of unpack for us a little bit this this
• 16:14
  Speaker 1: fight that's going on between Wall Street banks on the
• 16:18
  Speaker 1: one hand and crypto companies on the other hand that
• 16:21
  Speaker 1: seem to be attempting to act like banks. They want to.
• 16:25
  Speaker 1: It looks like they want to start taking deposits and
• 16:27
  Speaker 1: paying interest on deposits, but without being kind of regulated
• 16:32
  Speaker 1: as as banks, which you know, the nice thing that
• 16:36
  Speaker 1: we got out of the Great Depression was the fdi
• 16:38
  Speaker 1: C and you put you put your money into a bank,
• 16:40
  Speaker 1: and if the bank goes under. As Americans, we're not
• 16:43
  Speaker 1: actually worried that we're not that we're going to lose
• 16:46
  Speaker 1: our deposits, and so therefore we don't rush and we
• 16:48
  Speaker 1: don't create runs on those those banks. So Tom Tillis,
• 16:53
  Speaker 1: I maybe we can add this and pose with Tom
• 16:55
  Speaker 1: Tillis and Angela also Brooks, the Tom Till's Republican from
• 16:58
  Speaker 1: North Carolina, also Brooks Democrat from Maryland, putting together a
• 17:03
  Speaker 1: proposal that they thought had reached some type of compromise
• 17:07
  Speaker 1: between coinbase and the crypto world and Wall Street. But
• 17:11
  Speaker 1: that seems to have kind of unraveled a little bit.
• 17:13
  Speaker 1: So can you unpack for us, like what are these
• 17:16
  Speaker 1: what are the different camps arguing for? And I wonder
• 17:19
  Speaker 1: so Coinbase just laid off what fourteen percent of its
• 17:24
  Speaker 1: of its staff, and I wonder if they were waiting
• 17:26
  Speaker 1: to kind of reach a deal and then and then
• 17:30
  Speaker 1: went for this massive layoff. Setting that aside, What what
• 17:34
  Speaker 1: is this fight over?
• 17:36
  Speaker 5: Yeah?
• 17:36
  Speaker 6: So look, Ryan, you know I'm not some kind of
• 17:40
  Speaker 6: unvarnished cheerleader for banks. I think we got to scrutinize
• 17:45
  Speaker 6: them carefully. But let's be honest. We do need banks
• 17:49
  Speaker 6: in our society. We need a place where we can
• 17:52
  Speaker 6: pull our deposits and that we can get loans on
• 17:56
  Speaker 6: everything from building factories or starting a dry crew or pizzeria.
• 18:01
  Speaker 6: That's what banks do. The banks are arguing that the
• 18:06
  Speaker 6: crypto companies that are wanting to start these crypto dollars
• 18:10
  Speaker 6: or stable coins they call it, that they're going to
• 18:14
  Speaker 6: put money in those coins, and that it is going
• 18:19
  Speaker 6: to drain the banks of deposits who they would otherwise
• 18:24
  Speaker 6: use to lend. And so what the battle is about
• 18:27
  Speaker 6: here is can those stable coin companies or crypto dollars,
• 18:33
  Speaker 6: can they pay interest on the deposit. The argument if
• 18:39
  Speaker 6: they pay interest, there will be lots of flight from
• 18:43
  Speaker 6: banks to those stable coin issuers. And the argument from
• 18:48
  Speaker 6: the stable coin issuers. Is that the banks they can
• 18:51
  Speaker 6: just compete and raise their interest rates too. So this
• 18:57
  Speaker 6: sounds actually like it's a debate about it's really not.
• 19:02
  Speaker 6: It's really a debate about what is the future of
• 19:06
  Speaker 6: our banking system. Is our banking system going to be
• 19:10
  Speaker 6: one where we put money in deposits and that leads
• 19:15
  Speaker 6: to lending, but we can always get our money back,
• 19:18
  Speaker 6: as you said, Ryan, or we going to have something
• 19:21
  Speaker 6: a little bit different. I really worry that this is
• 19:27
  Speaker 6: not becoming a debate about farm lending and mortgage lending
• 19:34
  Speaker 6: and national security and sanctions. Instead it seems a little
• 19:39
  Speaker 6: bit more about a fight that's just jocking between two
• 19:43
  Speaker 6: big industries shooting.
• 19:45
  Speaker 5: At each other.
• 19:46
  Speaker 6: But the truth is is that if you look at
• 19:49
  Speaker 6: as what is happening about, big questions about the future
• 19:52
  Speaker 6: of the dollar trade, the financial system, the future of
• 19:57
  Speaker 6: the FED, these are all linked, and you just don't
• 20:01
  Speaker 6: see a lot of coverage about this. So we got
• 20:04
  Speaker 6: to all get smart and make sure this is not
• 20:07
  Speaker 6: just a lobbying frenzy between industries, but we're choosing what
• 20:11
  Speaker 6: is right for America.
• 20:14
  Speaker 1: So what does the world look like if we're doing
• 20:16
  Speaker 1: crypto dollars instead of.
• 20:18
  Speaker 4: Dollars, and the stable coin push from the Trump administration,
• 20:21
  Speaker 4: which is enriching to them as well. By the way,
• 20:24
  Speaker 4: but remember when with the tariff, Trump's what Trump what
• 20:27
  Speaker 4: brought him from the brink was the bond market's getting
• 20:29
  Speaker 4: quote a little yippy. And I don't think anybody totally
• 20:32
  Speaker 4: understands what they're trying to do with the dollar in
• 20:34
  Speaker 4: the long term.
• 20:35
  Speaker 6: Well, here's really one of the best cases they're trying
• 20:39
  Speaker 6: to make is that by issuing these stable coins, they're
• 20:43
  Speaker 6: going to attract more demand for dollars, and therefore that
• 20:49
  Speaker 6: will mean more purchases of US treasuries, which will then
• 20:54
  Speaker 6: make our debt cheaper. I really I wrote a piece
• 20:59
  Speaker 6: last year that really questions some of that assumption, because
• 21:04
  Speaker 6: I do think a lot of the funds that will
• 21:08
  Speaker 6: power these stable coins will actually just come from US
• 21:14
  Speaker 6: consumers and businesses. When I send a Venmo or a
• 21:18
  Speaker 6: cash app, I'm not thinking about is it in a
• 21:22
  Speaker 6: stable coin, is it in a bank deposit. I just
• 21:25
  Speaker 6: expect it to work. This is not going to be
• 21:28
  Speaker 6: so clear to consumers, and I want to make sure
• 21:32
  Speaker 6: that if something went down, if there is a crisis,
• 21:36
  Speaker 6: that people will not panic and that they will be
• 21:40
  Speaker 6: able to get their money back. That is something that
• 21:44
  Speaker 6: is so key for confidence in our economy. And I
• 21:47
  Speaker 6: would hate to see those who really live paycheck to
• 21:51
  Speaker 6: paycheck all of a sudden, or a small business all
• 21:54
  Speaker 6: of a sudden lose everything because what their money, that
• 21:59
  Speaker 6: their money is not really stable.
• 22:01
  Speaker 4: We're so cooked.
• 22:03
  Speaker 6: No, no, no, it's not, we're cook We just got
• 22:05
  Speaker 6: to get smarter and we got to get our voices
• 22:08
  Speaker 6: in the arena. And we can't just be passive observers.
• 22:13
  Speaker 1: Yeah, who are the smartest, Who are the people on
• 22:15
  Speaker 1: the right side of this, Who are actually who actually
• 22:18
  Speaker 1: get it? In Congress?
• 22:19
  Speaker 6: Now, well, you know what's funny is I think actually
• 22:22
  Speaker 6: a lot of them do get it, but many are
• 22:26
  Speaker 6: worried about what they can say out loud. I think
• 22:30
  Speaker 6: they see huge lobbying interests on those companies. Yeah, and
• 22:35
  Speaker 6: I think that is something that is something that politicians,
• 22:40
  Speaker 6: you know, we want them to all be courageous to
• 22:44
  Speaker 6: do the right thing, but we know the power of
• 22:48
  Speaker 6: these big arsenals of lobbying money. We're seeing it in
• 22:53
  Speaker 6: AI as well, where the AI you know, companies are
• 22:57
  Speaker 6: forming lobbies to really destroy any state legislator or local
• 23:03
  Speaker 6: politician who is even speaking up against data centers or
• 23:08
  Speaker 6: trying to put some basic protections on the books. So
• 23:12
  Speaker 6: this is why we can't just we can't just observe.
• 23:16
  Speaker 6: We gotta we gotta be in on it.
• 23:18
  Speaker 1: Rohit Chopra, thanks so much for joining us. Former director
• 23:22
  Speaker 1: of the CFP, PB, former chairman or former commissioner on
• 23:26
  Speaker 1: the FTC. Much appreciated.
• 23:29
  Speaker 5: Thanks raving.
• 23:32
  Speaker 1: The conservative movements. Woodward and Bernstein turned up in Havana,
• 23:38
  Speaker 1: both of them. Takes two to match the wits one.
• 23:43
  Speaker 1: Nick Shirley. Nick Shirley, however, running into a little running
• 23:47
  Speaker 1: into a few problems in Havanah. Here he is from
• 23:51
  Speaker 1: a sanctioned Havana hotel. I think through sheer ignorance, Nick
• 23:57
  Speaker 1: Shirley is confronting the absurd of American sanctions by staying
• 24:02
  Speaker 1: in a hotel. He is definitely not allowed to be
• 24:04
  Speaker 1: staying in. So critical support to comrade surely here who
• 24:09
  Speaker 1: is facing difficult circumstances. Let's roll this video that Nick
• 24:14
  Speaker 1: Shirley actually produced. This is not AI or made up
• 24:17
  Speaker 1: or anything. Let's roll some Nick Shirley.
• 24:20
  Speaker 8: All right, Depending when this comes out or if it
• 24:26
  Speaker 8: does We are currently being telled by Cuban intelligence here
• 24:33
  Speaker 8: in habout A, Cuba.
• 24:35
  Speaker 4: I came here.
• 24:36
  Speaker 8: I've been wanting to make a video for so long
• 24:38
  Speaker 8: about life and communism and showing people what communism is
• 24:42
  Speaker 8: like in a place like Cuba.
• 24:44
  Speaker 5: For instance, I go out.
• 24:47
  Speaker 8: At the airport. They sees all of my cameras. They
• 24:50
  Speaker 8: sees both my GoPros, my metaglasses. These are not my metaglasses,
• 24:55
  Speaker 8: all my microphones. However, the only thing they don't take
• 24:58
  Speaker 8: is my iPhone camera. That's what I'm filming. It's on
• 25:01
  Speaker 8: right now. They don't take my iPhone camera, and somehow
• 25:04
  Speaker 8: they didn't get this microphone that was in the very
• 25:08
  Speaker 8: very bottom of my backpack. We're filming this video and
• 25:12
  Speaker 8: when we're next to the hospital, we see undercover cop
• 25:16
  Speaker 8: roll up on us and my security guards that are
• 25:18
  Speaker 8: with me. They detected him, and then all of a sudden,
• 25:21
  Speaker 8: there's another one. So we hot back in another taxi.
• 25:24
  Speaker 8: We left the scene and we thought we were good.
• 25:26
  Speaker 8: They didn't tell us and we left. But since we
• 25:29
  Speaker 8: left the airport, we had been getting telled or the
• 25:31
  Speaker 8: word had gotten out that there was a journalist inside
• 25:34
  Speaker 8: of Cuba. There's only two flats that come in here
• 25:35
  Speaker 8: every single day, so it wasn't hard to spot out
• 25:38
  Speaker 8: who the journalist was. And we have a Cuban intelligence
• 25:42
  Speaker 8: down in the lobby of the hotel right now working
• 25:47
  Speaker 8: to essentially try to round us up and potentially imprison
• 25:52
  Speaker 8: us or make it so we cannot leave Cuba.
• 25:56
  Speaker 1: So the interesting thing about that video, one of them,
• 25:58
  Speaker 1: at least when I went over there recently, there was
• 26:03
  Speaker 1: this massive hullabaloo about the fact that we stayed in
• 26:06
  Speaker 1: a quote unquote five star hotel. For when you have
• 26:10
  Speaker 1: a giant group of Americans who are traveling to Cuba,
• 26:13
  Speaker 1: there are only a couple of hotels that you're allowed
• 26:16
  Speaker 1: to stay, and you can stay in their version of
• 26:18
  Speaker 1: kind of Airbnbs, but spreading seven hundred people out around
• 26:22
  Speaker 1: those would be rather logistically difficult. So among the hotels
• 26:25
  Speaker 1: that you're allowed to stay in, there's only a couple
• 26:29
  Speaker 1: because they can't have, you know, connections to the Cuban government.
• 26:33
  Speaker 1: He's staying in one that is fully one hundred percent sanctioned.
• 26:37
  Speaker 1: I don't think he's deliberately violating American sanctions and supporting
• 26:43
  Speaker 1: the communist Cuban The argument is by staying there, he's supporting,
• 26:47
  Speaker 1: you know, the tyrannical communist government, and so therefore he
• 26:50
  Speaker 1: shouldn't be staying there, and it's a crime. What's the
• 26:54
  Speaker 1: statute of limitations? Would be funny if like President Platna
• 26:58
  Speaker 1: rolls in and and like lifts sanctions on Cuba, but
• 27:03
  Speaker 1: also prosecutes, surely for violating them while they were still
• 27:08
  Speaker 1: in place. So good for surely for showing the absurdity
• 27:10
  Speaker 1: of these American sanctions. Now, so he's there doing some reporting.
• 27:18
  Speaker 1: I think his mom is sort of like his handler, right, she's.
• 27:21
  Speaker 4: Kind of I thought they traveled together.
• 27:23
  Speaker 1: Yeah, I'm much anger at his mom than him. He
• 27:26
  Speaker 1: doesn't have any idea what he's doing. You can't be Yeah,
• 27:31
  Speaker 1: he is, he's challenged.
• 27:35
  Speaker 4: We weren't going to make the joke about literacy being
• 27:38
  Speaker 4: Cuba's one strand.
• 27:40
  Speaker 1: He's bringing down the literacy rate in Cuba single handedly.
• 27:43
  Speaker 4: I wasn't going to make the joke, but I was
• 27:44
  Speaker 4: going to tee you up to make the joke.
• 27:46
  Speaker 1: But I'm upset with his mom, Like his mom should
• 27:49
  Speaker 1: have been like, well, you can't just bring in a
• 27:51
  Speaker 1: whole bunch of equipment and start filming in Cuba, like you,
• 27:56
  Speaker 1: there's a process you have to go through with the
• 27:59
  Speaker 1: government to get a visa connected to doing journalism. Chinese
• 28:05
  Speaker 1: tried to send their leading propagandist to like make videos
• 28:13
  Speaker 1: here in the United States.
• 28:14
  Speaker 4: We'd roll out the red carpet.
• 28:15
  Speaker 1: Well, we would also.
• 28:17
  Speaker 4: We would follow them.
• 28:17
  Speaker 1: We would follow them, yes, yeah, and there are way
• 28:21
  Speaker 1: like you can't just come in on a You're not
• 28:23
  Speaker 1: supposed to just come in on a tourist visa and
• 28:25
  Speaker 1: do it when there are processes forms are supposed to
• 28:27
  Speaker 1: fill out. Right now, obviously Cuba has stacks and stacks
• 28:31
  Speaker 1: of forms. They are that's what they are.
• 28:34
  Speaker 4: Well, and nobody except for like maybe I mean, you
• 28:37
  Speaker 4: can correct me if I'm wrong, but maybe people who
• 28:40
  Speaker 4: are sort of still avowed Marxists, nobody really tries to
• 28:44
  Speaker 4: claim that the Cuban government isn't repressive and is not
• 28:48
  Speaker 4: going to follow forg journalists and that the process.
• 28:50
  Speaker 1: Everyone would agree they're repressive. The questions like some would argue, maybe.
• 28:53
  Speaker 4: It's good, yeah, exactly, Yeah, that's a good point, but
• 28:56
  Speaker 4: it's obviously a repressive country. Again, even some of the
• 28:59
  Speaker 4: people were arguing against sanctions and the like.
• 29:02
  Speaker 1: They have tight rules, admit that speech.
• 29:04
  Speaker 4: Yes, the media, they have artists in political prison, like
• 29:08
  Speaker 4: I guess.
• 29:10
  Speaker 1: Wanting to interview somebody at the University of Anna who
• 29:12
  Speaker 1: is a high profile person, Like that's a government university,
• 29:16
  Speaker 1: and you have to then get permission from like the
• 29:18
  Speaker 1: government interview like right, not the kind of system that I,
• 29:22
  Speaker 1: as a journalist.
• 29:23
  Speaker 4: Prefer, which when you came back from Cuba, we talked
• 29:26
  Speaker 4: about all of this, like we talked about the process,
• 29:28
  Speaker 4: We talked about how you were able to do those
• 29:29
  Speaker 4: tours of the hospitals.
• 29:31
  Speaker 1: But it's also not a mystery like what Cuba is
• 29:34
  Speaker 1: apparently other to anybody other than Nick Shirley. So I hope,
• 29:39
  Speaker 1: I hope the Cubans governments takes mercy on poor Nick Shirley. Truly,
• 29:45
  Speaker 1: he doesn't, he knows not what he does.
• 29:47
  Speaker 4: So Marco Rubio gave a briefing yesterday, and I think
• 29:51
  Speaker 4: it's worth rolling this side. This is going to be
• 29:53
  Speaker 4: D four MARCOO did with the White House briefing yesterday,
• 29:56
  Speaker 4: and both for you and Trump continue to talk about
• 29:58
  Speaker 4: what could be coming imminently for Cuba. Trump obviously infamously
• 30:02
  Speaker 4: said that he may have the privilege of taking Cuba
• 30:05
  Speaker 4: very soon. Here is Secretary of State Rubio at the
• 30:08
  Speaker 4: White House yesterday.
• 30:09
  Speaker 9: There's no oil blockade on Cuba, per se. Here's what's
• 30:11
  Speaker 9: happening with Cuba.
• 30:12
  Speaker 1: Okay.
• 30:12
  Speaker 9: Cuba used to get free oil from Venezuela. Used to
• 30:15
  Speaker 9: give them a bunch of free oil. They would take
• 30:17
  Speaker 9: like sixty percent of that oil and resell it for cash.
• 30:19
  Speaker 10: It wouldn't even go to benefit the people.
• 30:21
  Speaker 9: So the only blockade that's happened is the Cubans have decided,
• 30:24
  Speaker 9: I mean, the Veneze weddings have decided, we're not giving
• 30:26
  Speaker 9: you free oil anymore. And you can only imagine nowadays
• 30:29
  Speaker 9: the way oil prices aren't. No one's giving away free oil,
• 30:31
  Speaker 9: much less to a failed regime. So the problem with
• 30:34
  Speaker 9: Cuba is worse.
• 30:35
  Speaker 4: Okay.
• 30:36
  Speaker 9: Their economic model doesn't work, doesn't work, and the people
• 30:39
  Speaker 9: who are in charge can't fix it. And the reason
• 30:42
  Speaker 9: that I can't fix it is not just because they're communists.
• 30:44
  Speaker 9: That's bad enough, but they're incompetent communists.
• 30:46
  Speaker 4: Okay. So he also south Coomb's Twitter. I can't believe
• 30:50
  Speaker 4: that's the thing I'm even saying. But south COM's I
• 30:52
  Speaker 4: guess x account posted a very calculated image of Secretary
• 30:56
  Speaker 4: of Rubio yesterday D two posing in front of a
• 30:59
  Speaker 4: map of Cuba with General Francis Donovan. Quote. Their discussions,
• 31:04
  Speaker 4: according to Southcom, focused on US efforts to counter threats
• 31:07
  Speaker 4: that undermined security, stability, and democracy in our hemisphere. Absolutely
• 31:10
  Speaker 4: no mistake that they're shaking hands in front of a
• 31:13
  Speaker 4: giant map of Cuba.
• 31:14
  Speaker 1: Ran yeah, and he was asked about that in his
• 31:16
  Speaker 1: press conference. Then he said, yeah, that was to send
• 31:18
  Speaker 1: a signal. Also, what he said in that clip is
• 31:23
  Speaker 1: just a flat out lie. Forget Venezuela, Mexico and every
• 31:28
  Speaker 1: other country that wants to sell oil to Cuba, not
• 31:32
  Speaker 1: give it away, sell it is told that they're not
• 31:35
  Speaker 1: allowed to do that by the United States. I don't
• 31:38
  Speaker 1: know why he keeps telling this lie so confidently, but
• 31:42
  Speaker 1: he does. The Russia brought a tanker there and Trump
• 31:47
  Speaker 1: allowed it to go through. The fact that Trump had
• 31:51
  Speaker 1: to say that he was allowing a Russian tanker to
• 31:54
  Speaker 1: go to Cuba tells you that there is a blockade.
• 31:57
  Speaker 1: If there was no blockade, Trump would have nothing to
• 32:01
  Speaker 1: do with a transaction between Russia and Cuba. Meanwhile, a
• 32:06
  Speaker 1: little bit of a little bit of news that came
• 32:07
  Speaker 1: out yesterday, Cuba finalized a massive reform of its immigration system,
• 32:15
  Speaker 1: a huge loosening of it. Previously, they weren't they didn't
• 32:19
  Speaker 1: allow dual citizenship for the most part, and if you
• 32:23
  Speaker 1: were gone for a certain amount of time, that was
• 32:26
  Speaker 1: kind of a de facto renunciation of your citizenship. Immigration
• 32:30
  Speaker 1: law is always complex, so it might have the details
• 32:32
  Speaker 1: slightly off here, but the loosening allow it's going to
• 32:37
  Speaker 1: allow dual citizenship, and it's going to allow Cubans who
• 32:43
  Speaker 1: have gone to not just the US, but you know, Brazil,
• 32:48
  Speaker 1: Costa Rica, Nicaragua, you name it, to go back and forth.
• 32:52
  Speaker 1: It will also allow them to spend money that they
• 32:57
  Speaker 1: have earned in you know, Central or South America or
• 33:01
  Speaker 1: the North American back and back in Cuba and then
• 33:05
  Speaker 1: to go and then to go again. So it's it's
• 33:06
  Speaker 1: a it's a huge liberalization of their of their immigration policy,
• 33:13
  Speaker 1: which is interesting, and it's it comes at a time
• 33:16
  Speaker 1: as hundreds of thousands of people, as Trump and then
• 33:20
  Speaker 1: Biden really ratchet it up the boot, the boot on
• 33:25
  Speaker 1: the neck of the Cuban economy. Hundreds of thousands of
• 33:30
  Speaker 1: Cubans have millions at this point over maybe five six
• 33:33
  Speaker 1: years have fled Cuba, and so what this is saying
• 33:38
  Speaker 1: is that if they want to come back, it's it's
• 33:40
  Speaker 1: the way I read it. If they want to come back,
• 33:42
  Speaker 1: they can do so. And they don't have to stay either.
• 33:45
  Speaker 1: They can come back and visit and go back.
• 33:47
  Speaker 4: So anyway, that's and bring I guess potentially bring stuff
• 33:52
  Speaker 4: for people.
• 33:52
  Speaker 1: Suffering, bring stuff and bring money.
• 33:54
  Speaker 4: Yeah, because and to just as a flight from Miami
• 33:58
  Speaker 4: to Avanta it's easy, or.
• 34:00
  Speaker 1: From Costa Rica or wherever else they are, because they're like,
• 34:02
  Speaker 1: Cubans are doing pretty well in other countries because they
• 34:08
  Speaker 1: all got this as they all got this, but Cubans
• 34:11
  Speaker 1: are particular because they got this really good education in Cuba,
• 34:15
  Speaker 1: and so they're able to then outperform other people in
• 34:20
  Speaker 1: like Brazil or Columbia or Costa Rica or whatever. I
• 34:24
  Speaker 1: was talking. When I was in Cuba, I was talking
• 34:25
  Speaker 1: to some people there who who were saying it was
• 34:27
  Speaker 1: ironic that a lot of their friends have who have
• 34:29
  Speaker 1: left and done really well, have turned right wing, and
• 34:33
  Speaker 1: they're like they're the ones who staying here, like it's
• 34:35
  Speaker 1: a little annoying because they got this socialist education and
• 34:39
  Speaker 1: then use that to do well in these countries where
• 34:44
  Speaker 1: education is not a priority and have kind of forgotten,
• 34:48
  Speaker 1: you know, how they got there, but that that's because
• 34:51
  Speaker 1: there's real genuine animosity towards the sclerotic Cuban government.
• 34:57
  Speaker 4: Yes, right, well, we'll see, we'll be we'll of course
• 35:02
  Speaker 4: be paying close attention to Nick, the plight of Nick Shirley,
• 35:05
  Speaker 4: the education Nick Shirley, and the like. In all seriousness,
• 35:09
  Speaker 4: though we hope that he's okay and safe, because that
• 35:12
  Speaker 4: can get hairy very quickly, as you know.
• 35:14
  Speaker 1: Right, imagine interrogating Nick Shirley about anything about.
• 35:22
  Speaker 4: I'm sorry, I'm sorry, right, I would like to see
• 35:27
  Speaker 4: you do that for the record. Nick, come on, Ryan,
• 35:30
  Speaker 4: we'll talk to you.
• 35:31
  Speaker 1: Yeah, sure, yeah, let's do it.
• 35:36
  Speaker 4: All right, we got big election updates to get to,
• 35:39
  Speaker 4: so let's start now in Indiana. We can talk about this.
• 35:44
  Speaker 4: We'll just put this New York Times tear sheet up
• 35:46
  Speaker 4: on the screen because it kind of gives a broad
• 35:47
  Speaker 4: overview of everything that happened last night, big election results
• 35:51
  Speaker 4: around the country. Quote. President Trump's efforts to oust Republicans
• 35:54
  Speaker 4: deemed insufficiently loyal faced a key test on Tuesday's Indiana
• 35:57
  Speaker 4: voters decided whether to backstates who opposed redistricting, in whom
• 36:02
  Speaker 4: the president wanted out all right now. The Times also
• 36:05
  Speaker 4: said his political payback campaign, Trump's is going to extend
• 36:08
  Speaker 4: later this month to classes in Georgia, Kentucky, and Louisiana.
• 36:13
  Speaker 4: But in Indiana, these are primaries. We're not actually even
• 36:17
  Speaker 4: talking about the general elections yet. The Times says several
• 36:20
  Speaker 4: Republican led states quickly fell online last year when mister
• 36:23
  Speaker 4: Trump demanded redrawn maps. You may remember that Indiana Republicans
• 36:27
  Speaker 4: tried to push back against that, so quote. When lawmakers
• 36:31
  Speaker 4: returned to Indianapolis in December, the House approved a new
• 36:34
  Speaker 4: map which would have positioned Republicans to flip the states
• 36:37
  Speaker 4: to Democratic held congressional seats, but the Senate said no,
• 36:41
  Speaker 4: and a slim majority of Republicans joined all Democratic senators
• 36:45
  Speaker 4: to vote the bill down. Those senators who were on
• 36:48
  Speaker 4: the ballot for reelection, not all of them were, but
• 36:50
  Speaker 4: the ones who were faced I've seen estimates between eight
• 36:54
  Speaker 4: million and twelve million dollars from Trump groups like National
• 36:59
  Speaker 4: True groups basically and not even secretly, but very openly,
• 37:05
  Speaker 4: who then said Okay, that's it, you're gone, and basically
• 37:09
  Speaker 4: all of them ended up losing with the exception of
• 37:13
  Speaker 4: one as of right now losing their primary battles last night.
• 37:17
  Speaker 4: So brutal day for Indiana Republicans who wanted to push
• 37:24
  Speaker 4: back against Trump. Basically again as of now, just one
• 37:29
  Speaker 4: who is clinging to and a high profile race who's
• 37:32
  Speaker 4: clinging to the seat. But you know the way that
• 37:37
  Speaker 4: I would describe this, we're in an arms race now
• 37:41
  Speaker 4: on jerrymandering. There's no question about it. This was after Texas,
• 37:46
  Speaker 4: which then you saw California, and the redistricting has been going.
• 37:50
  Speaker 1: On, held by the Voting Rights Act decision because that
• 37:53
  Speaker 1: opens up, yes, redistricting possibilities everywhere from Alabama, Mississippi to Tennessee.
• 37:59
  Speaker 1: Right said, you know, because they what they can do
• 38:02
  Speaker 1: is they can just eliminate the Civil Rights Act or
• 38:08
  Speaker 1: the Voting Rights Act required basically majority black district They'll
• 38:12
  Speaker 1: just carve up the black voters and dilute them into
• 38:15
  Speaker 1: a bunch of white districts.
• 38:18
  Speaker 4: Right, And so six of the eight who refused to
• 38:23
  Speaker 4: do the gerrymandering, we're gone.
• 38:26
  Speaker 1: You have time to do it before November or that.
• 38:29
  Speaker 1: Well they're still in.
• 38:30
  Speaker 4: Office, so right, yeah, some of them are.
• 38:32
  Speaker 1: Yeah, but they'll do it for twenty twenty eight.
• 38:35
  Speaker 4: Yeah, yeah, I see what you're saying. Yes, And just
• 38:38
  Speaker 4: to again, the argument from Jim Banks and Trump Republicans
• 38:43
  Speaker 4: is that you can't do unilateral disarmament or you can't. Yeah,
• 38:47
  Speaker 4: that's not happening, right, So it's not possible. And the
• 38:50
  Speaker 4: only if you're going to make like a moral pencion
• 38:53
  Speaker 4: type stand on the principle against redistricting. At this point,
• 38:57
  Speaker 4: there is no you're not the bulwark again national redistricting
• 39:01
  Speaker 4: just because you say Indiana won't do it. And so
• 39:04
  Speaker 4: Trump people and obviously Indiana voters for the most part,
• 39:07
  Speaker 4: looked at that and said, yeah, this is bs. You
• 39:10
  Speaker 4: guys aren't stopping redistricting. It's happening whether you like it
• 39:13
  Speaker 4: or not. And what you are doing is just saying
• 39:15
  Speaker 4: we're disarming ourselves and giving Dems more seats in Indiana.
• 39:21
  Speaker 4: So it's I think that's a pretty compelling argument to
• 39:24
  Speaker 4: most voters. Everybody hates redistricting.
• 39:26
  Speaker 1: Maybe everybody hates it.
• 39:28
  Speaker 4: Everybody hates it.
• 39:28
  Speaker 1: They lived they started it in Texas, like they didn't
• 39:31
  Speaker 1: have to do this mid district, a mid cycle redistricting
• 39:35
  Speaker 1: in Texas, and they chose to do it and then yeah,
• 39:38
  Speaker 1: once they chose.
• 39:38
  Speaker 4: To do that, then you're yeah, the cycle was on. Yeah,
• 39:43
  Speaker 4: it was immediately Gavin Newsom was like, Okay, we're doing it.
• 39:46
  Speaker 4: And Gavin Newsom's people loved that because everybody knows that
• 39:50
  Speaker 4: we have we don't have. The stigma around these boundaries
• 39:55
  Speaker 4: has been blown up during the Trump era and so
• 39:59
  Speaker 4: it's unfortunate. It's reality. Nobody is unless somebody if these
• 40:03
  Speaker 4: Indiana Republicans had a real substantive plan to stop redistricting
• 40:07
  Speaker 4: around the country, they would probably have a better case
• 40:09
  Speaker 4: with Republican voters. But nobody. Everybody hates jerrymandering, but also
• 40:13
  Speaker 4: everybody hates not doing it now, like Republicans, Republicans and
• 40:18
  Speaker 4: Democrats hate not doing it now. It's a it's a
• 40:20
  Speaker 4: horrible status quo, but it is unfortunately our reality. Right Ohio,
• 40:25
  Speaker 4: interesting results in Ohio last night as well. We can
• 40:28
  Speaker 4: put this up on the screen Politico quote Ohio Republicans
• 40:31
  Speaker 4: fhere former ice official could cost them a battleground house seat. Now,
• 40:36
  Speaker 4: this is about Madison san who was a very young
• 40:40
  Speaker 4: and inexperienced deputy to Christy Nome. Her title was I'm
• 40:44
  Speaker 4: trying to remember exactly what her title was. She was
• 40:46
  Speaker 4: deputy director at ICE, that's right, and then resigned to
• 40:50
  Speaker 4: run for congress. Back home and Ohio was the subject
• 40:53
  Speaker 4: of a salacious Daily Mail hit piece about her sex life. Yes,
• 41:01
  Speaker 4: about her sex life just a couple of weeks.
• 41:03
  Speaker 1: Ago, rather aggressive. Was it sexual assault? Even like there
• 41:09
  Speaker 1: was some pretty pretty serious like hikes.
• 41:14
  Speaker 4: It was definitely a yikes story.
• 41:15
  Speaker 1: I don't remember if there's such anyway going on.
• 41:19
  Speaker 4: Ruled into it, but yes, Madison she and people may
• 41:23
  Speaker 4: I lose, right, Madison Sheen is. The results are in
• 41:28
  Speaker 4: lost and lost big as we can look at the
• 41:33
  Speaker 4: results right now. So this is former state Representative Derek
• 41:37
  Speaker 4: marin one and now goes up against Marcy Captor in
• 41:40
  Speaker 4: Ohio's ninth congressional district. Yeah, she lost, she lost. And
• 41:45
  Speaker 4: the Daily Mail story, the headline was that she was
• 41:48
  Speaker 4: engaged into year secret relationship with a junior staffer inside
• 41:52
  Speaker 4: of the Ohio Republican Party and there were just some
• 41:54
  Speaker 4: private communications and stuff that leaked. Obviously, anytime you have
• 42:01
  Speaker 4: same sexual relationships within a Republican administration, that is also
• 42:05
  Speaker 4: equally to like the media a sort of hypocritical. I mean,
• 42:12
  Speaker 4: it's it's different within the Trump administration. But that was
• 42:15
  Speaker 4: also the subject of fascination I think in the media
• 42:18
  Speaker 4: reports or gave them extra little extra fuel because of
• 42:22
  Speaker 4: course it's from a Republican administration.
• 42:25
  Speaker 1: So oh and before we go to call one real
• 42:28
  Speaker 1: quick one on the Ohio Yeah, this is buried down here.
• 42:31
  Speaker 1: This is Greg Lansman, who held on to a seat.
• 42:35
  Speaker 1: This is but he is one of the only Democrats
• 42:38
  Speaker 1: to publicly support the war in Iran and has been
• 42:45
  Speaker 1: one of the most ridiculously outspoken, unapologetic supporters of Israel
• 42:51
  Speaker 1: within the caucus. Damon Lynch, the fourth the Progressive, who
• 42:56
  Speaker 1: spent like five dollars, got thirty two percent of the
• 42:59
  Speaker 1: voting against this against the incumbent Landsman. So to have
• 43:04
  Speaker 1: Landsman under seventy is suggests that like he's his type
• 43:09
  Speaker 1: of politics is vulnerable.
• 43:11
  Speaker 4: And that actually I just did another point on Ohio
• 43:14
  Speaker 4: on the she and race. This was seen in I
• 43:17
  Speaker 4: think some way as a test of whether Trump's Ice
• 43:21
  Speaker 4: immigration policies would be toxic in a place like Ohio,
• 43:26
  Speaker 4: and a Republican primary in Ohio. Is it like she
• 43:29
  Speaker 4: was literally Deputy director of ICE, not some random bureaucrat
• 43:32
  Speaker 4: but like actually the deputy director behind Christinoman, all of
• 43:35
  Speaker 4: these photos, those were in the ads. So another thing
• 43:38
  Speaker 4: just before we move away from Ohio, I wanted to
• 43:40
  Speaker 4: note that did not work for Mason Shei.
• 43:42
  Speaker 1: In Yes, indeed, so in Colorado speaking of this redistricting cycle,
• 43:48
  Speaker 1: they're Democrats are trying to get onto the ballot a
• 43:51
  Speaker 1: measure to redraw these boundaries in November, which would then
• 43:57
  Speaker 1: apply to twenty twenty eight, which shows that like this
• 43:59
  Speaker 1: is a long term thing that would only give them
• 44:02
  Speaker 1: the advantage in twenty twenty eight and twenty thirty because
• 44:05
  Speaker 1: it was coming anyway from the from the census. But Colorado,
• 44:11
  Speaker 1: being one of these Democratic run states, had leaned more
• 44:15
  Speaker 1: towards fair process and doing a you know, the kind
• 44:19
  Speaker 1: of commission type of approach where you're fair. Democrats plan
• 44:23
  Speaker 1: to throw that out for twenty eight and twenty thirty
• 44:28
  Speaker 1: if if voters approve it according to the new report
• 44:32
  Speaker 1: and put up B three. The primary donor to the
• 44:38
  Speaker 1: cause of getting this measure onto the ballot is Hakeem
• 44:41
  Speaker 1: Jeffries is like super pac basically, and so yes, and
• 44:48
  Speaker 1: so then moving over to Michigan real quickly, there was
• 44:50
  Speaker 1: a state Senate race, massive blowout over performance again in
• 44:58
  Speaker 1: a what was a plus one this is plus one district? Yeah,
• 45:03
  Speaker 1: what do we have the E seven State.
• 45:06
  Speaker 4: Senate thirty five Harris plus one district and.
• 45:11
  Speaker 1: He blew it out by like twenty plus or whatever,
• 45:14
  Speaker 1: just across the board. I don't think. I think Democrats
• 45:19
  Speaker 1: have now flipped five seats in special legislative elections.
• 45:22
  Speaker 4: Yeah, let's throw E nine on a screen. The street
• 45:25
  Speaker 4: guy Taniel Ryan, who said this is a remarkable analysis
• 45:28
  Speaker 4: that he did over at Bolts his website, the JUPE
• 45:31
  Speaker 4: has not flipped a legislative seat in any states since
• 45:33
  Speaker 4: twenty twenty four. Just read that again, not flipped a
• 45:36
  Speaker 4: legislative seat in any state since twenty twenty four. Democrats, meanwhile,
• 45:39
  Speaker 4: have flipped five seats so far in.
• 45:42
  Speaker 1: Twenty twenty six.
• 45:43
  Speaker 4: And that's after flipping twenty five in twenty twenty five.
• 45:46
  Speaker 4: And I would like to remind everybody that the end
• 45:48
  Speaker 4: of the Obama administration, Republicans took a victory lap that
• 45:52
  Speaker 4: you may remember. This is a huge Politico story that
• 45:55
  Speaker 4: came out seats or whatever. Yeah, that was retrospective. This
• 45:58
  Speaker 4: was towards the end of twenty six on all of
• 46:01
  Speaker 4: the seats Democrats had lost during the Obama administration and
• 46:04
  Speaker 4: how he had essentially not. I mean, maybe it's the
• 46:08
  Speaker 4: Obama brand. Maybe it was a lazy Democratic party under
• 46:13
  Speaker 4: Obama that tried to kind of coast on vibes and
• 46:16
  Speaker 4: not really take care of some of these underlying problems
• 46:19
  Speaker 4: in the economy that was giving rise to Trump and
• 46:21
  Speaker 4: Bernie populism. Whatever it was, Democrats hemorrhaged seats around the
• 46:27
  Speaker 4: country over the course of the Obama administration. It looks like,
• 46:31
  Speaker 4: not to anybody's particular surprise, but after Republicans took that
• 46:35
  Speaker 4: victory of love about ten years ago very smugly over Obama,
• 46:38
  Speaker 4: it looks like that is the experience that will probably
• 46:42
  Speaker 4: be part of the Trump era for Republicans.
• 46:44
  Speaker 1: Yeah, they're going to flip a bunch of chambers, I
• 46:46
  Speaker 1: would suspect in November as well.
• 46:48
  Speaker 4: Seems like it.
• 46:49
  Speaker 1: Yeah. So, meanwhile, the d Triple C has ticked off
• 46:55
  Speaker 1: enormous number of Democrats. You can put up e five
• 46:58
  Speaker 1: here is this was really not the moment for Washington
• 47:04
  Speaker 1: Democrats to creep into congressional elections around the country and
• 47:09
  Speaker 1: put their thumb on the scale and endorse a particular
• 47:13
  Speaker 1: Democratic candidate while there are while there are serious contests
• 47:18
  Speaker 1: still underway. So they added I think eight new people, yeah,
• 47:23
  Speaker 1: eight new Democrats to what they call their Red to
• 47:25
  Speaker 1: Blue list, which mean means they're getting the Democratic parties
• 47:29
  Speaker 1: basically their endorsement, getting access to their to their donors,
• 47:33
  Speaker 1: to their vendors, to their consultants, which you know, who
• 47:37
  Speaker 1: knows what all of that is worth to them in
• 47:39
  Speaker 1: the end, but also gives them actually gives them both
• 47:43
  Speaker 1: the sheen of being party endorsed but also the stench
• 47:47
  Speaker 1: of being party endorsed. And so it'll be interesting to
• 47:50
  Speaker 1: see how some of these play out. In California twenty
• 47:53
  Speaker 1: second district, jazz Meat Baines is one of the most
• 47:56
  Speaker 1: more controversial Red to Blue candidates. Jazz Meat is running
• 48:02
  Speaker 1: against Randy Viegas. Jazz Meat had been asked if Israel
• 48:06
  Speaker 1: was committing a genocide, said yes, then said, oh, I
• 48:10
  Speaker 1: think I heard that wrong, after starting to get support
• 48:13
  Speaker 1: from pro Israel superpacks, and so, yes, Isra's committing a genocide. No,
• 48:18
  Speaker 1: it's not. Pro Isral money flows in, and then Democratic
• 48:21
  Speaker 1: Party money flows in. This is a Latino heavy district,
• 48:27
  Speaker 1: so for them to go and endorse against Randy Vegas,
• 48:30
  Speaker 1: who has the support of the Congressional Progressive Caucus boldpack,
• 48:33
  Speaker 1: which is the Hispanic Caucus. Is an aggressive use of
• 48:38
  Speaker 1: you Democratic dues money. Like the way that you D
• 48:41
  Speaker 1: tripleC is funded partly is through other House Democrats paying
• 48:45
  Speaker 1: dues in So the Progressive Caucus, which represents ninety plus Democrats,
• 48:50
  Speaker 1: endorsed Vegas, is spending its money and then the detrip
• 48:56
  Speaker 1: C is using their dues money to then support the
• 48:58
  Speaker 1: opponent in the race. So a lot of House Democrats,
• 49:04
  Speaker 1: you know, very upset about this. They did. Bob Brooks,
• 49:09
  Speaker 1: who's in the news lately because he accidentally outed Josh
• 49:14
  Speaker 1: Shapiro as having did you see this thing, endorsed this
• 49:17
  Speaker 1: Republican because he was mad at the Democrats or something
• 49:23
  Speaker 1: for comptroll or control or some one of those positions.
• 49:27
  Speaker 1: Bernie backed guy, So D triple C and Bernie on
• 49:29
  Speaker 1: the same page, which is which is quite fascinating. But anyway,
• 49:32
  Speaker 1: we will we'll track these red to blue ones as
• 49:34
  Speaker 1: they get closer to the races and see how well
• 49:36
  Speaker 1: that D tripleC did and putting its thumb on the scale,
• 49:39
  Speaker 1: because the only thing more embarrassing than putting your thumb
• 49:41
  Speaker 1: on the scale. Is putting a thumb on the scale
• 49:42
  Speaker 1: and still losing.
• 49:43
  Speaker 4: Well, this is let's let's put E four on the screen.
• 49:46
  Speaker 4: This is another dub for Graham Plattner. Big dub for
• 49:50
  Speaker 4: Graham Plattner. He's a K file found an old video
• 49:56
  Speaker 4: of Susan Collins behind George Bush and Graham Platner is
• 50:02
  Speaker 4: yelling in the audience, don't attack a rocket two thousand
• 50:05
  Speaker 4: and two, So before the invasion, let's roll the clip.
• 50:08
  Speaker 11: I want to thank the grassroots activists who are here.
• 50:11
  Speaker 11: I want to thank the people who take time, who
• 50:14
  Speaker 11: work hard to make sure that the democracy is strong.
• 50:19
  Speaker 11: I want to thank you very much for your efforts
• 50:22
  Speaker 11: on behalf of all candidates. I want to thank you
• 50:25
  Speaker 11: for what you have done. I want to thank you
• 50:27
  Speaker 11: for what you're going to do, and that is to
• 50:30
  Speaker 11: turn out to vote for these candidates on November the fifth.
• 50:56
  Speaker 11: When I say that, when I say that I understand
• 50:59
  Speaker 11: Susan Collins, I do. I've worked closely with her.
• 51:02
  Speaker 4: So there's George W. Bush pumping up Susan Collins back
• 51:05
  Speaker 4: in two thousand and two, and you hear Graham Plattner
• 51:09
  Speaker 4: audibly his voice in the background saying, don't attack a rock.
• 51:12
  Speaker 4: So the point Ryan was making about going back and
• 51:14
  Speaker 4: checking how the d trip putting its thumb on the
• 51:17
  Speaker 4: scales works out just a reminder of establishment Democrats here
• 51:22
  Speaker 4: in Washington's record of that recently, there was no way
• 51:25
  Speaker 4: they wanted Platner to be the candidate in Maine to
• 51:28
  Speaker 4: take on Susan Collins. But here you have unearthed video,
• 51:31
  Speaker 4: I think, showing exactly why they should have been excited
• 51:34
  Speaker 4: about Plattner being the guy to take on Susan Collins
• 51:37
  Speaker 4: rather than Janet Mills, one of the most uninspiring candidates
• 51:41
  Speaker 4: conceivable in that race in Maine.
• 51:43
  Speaker 1: And we knew about this protest because it was reported
• 51:46
  Speaker 1: publicly and he was interviewed by someone, you know, after
• 51:49
  Speaker 1: he'd gotten taken out of this event, and then people
• 51:52
  Speaker 1: and then one of the first things I asked him
• 51:54
  Speaker 1: when we had him on the air was okay, you
• 51:57
  Speaker 1: did that, but then you enlisted to go fight in
• 51:59
  Speaker 1: those is like why and what he has what he
• 52:04
  Speaker 1: said then and what he said he he's actually addressed
• 52:06
  Speaker 1: this like in Reddit posts, basically says he can't explain
• 52:10
  Speaker 1: it really, but he had wanted to be a soldier
• 52:14
  Speaker 1: since as long as he could remember, but that doesn't
• 52:19
  Speaker 1: mean that he agreed with the policy decisions that were
• 52:23
  Speaker 1: that were being made. He also made a point in
• 52:26
  Speaker 1: one of his Reddit posts that that I think people
• 52:28
  Speaker 1: don't quite understand is that basically in every unit, there's
• 52:31
  Speaker 1: like not every unit, but a lot of them. There's
• 52:33
  Speaker 1: there's the lefty and as somebody from rural American type, Yeah,
• 52:38
  Speaker 1: there's like we exist out in rural America too, Like
• 52:43
  Speaker 1: there's lefties out there, not as many, but they're out there.
• 52:46
  Speaker 1: And then there's always like a nationalist right winger in
• 52:48
  Speaker 1: the unit, and then everybody else is like just a
• 52:51
  Speaker 1: normal person doing going about their life. He was, he
• 52:54
  Speaker 1: was the lefty in the unit. It happens. Why I
• 52:58
  Speaker 1: can't quite explain it, but it happens.
• 53:00
  Speaker 4: I mean, there's a lot of benefits to enlisting if
• 53:04
  Speaker 4: you're well, there's that too. Yeah. All right, let's go ahead,
• 53:08
  Speaker 4: Ryan and bring in our next guest, who's going to
• 53:11
  Speaker 4: tell us exactly how miserable it is to be graduating college.
• 53:15
  Speaker 1: Right now, Graduation season is upon us, which means it's
• 53:20
  Speaker 1: time for students to start hitting the job market. But
• 53:25
  Speaker 1: if you're like me and Emily, you're hearing from people
• 53:27
  Speaker 1: around the country that graduates are entering a workforce that
• 53:32
  Speaker 1: is as brutal and facing headwinds is stronger than any
• 53:37
  Speaker 1: time perhaps since two thousand and eight, two thousand and nine.
• 53:41
  Speaker 1: Yet without I hesitate to call it optimism, but the
• 53:45
  Speaker 1: optimism at the time that at least that would be
• 53:48
  Speaker 1: a you know, one to two to three maybe four
• 53:51
  Speaker 1: year hiccup, but that things might recover. Now they're graduating
• 53:55
  Speaker 1: into a world that is seems like different in kind
• 54:00
  Speaker 1: than the world that they kind of entered college in.
• 54:03
  Speaker 1: And by the way, they entered it in difficult time
• 54:06
  Speaker 1: because you're you know, finishing up with with you know,
• 54:09
  Speaker 1: finishing high school amid COVID and then entering college minute.
• 54:13
  Speaker 1: And so what we wanted to do today is talk
• 54:15
  Speaker 1: to one of those graduating seniors. We're gonna be joined
• 54:18
  Speaker 1: by Timmy McCallister, who is a computer science uh soon
• 54:22
  Speaker 1: to be graduate at the University of Central Florida. Timmy
• 54:27
  Speaker 1: he got on our Timmy, you got on our radar
• 54:29
  Speaker 1: a couple of years ago because he did kind of
• 54:31
  Speaker 1: a funny video.
• 54:32
  Speaker 4: He did some computer science.
• 54:33
  Speaker 1: Some computer science video, kind of taking the conversation that
• 54:38
  Speaker 1: Sager and I had had on this program about the
• 54:41
  Speaker 1: Barbie movie and turning it into a video. And but
• 54:47
  Speaker 1: now you're now you're headed into into the job market.
• 54:52
  Speaker 1: A recent video that you did has gotten I think,
• 54:54
  Speaker 1: you know, enormous numbers for a small YouTube channel, A
• 54:58
  Speaker 1: one hundred thousand and view viral video about the about
• 55:02
  Speaker 1: what it's like trying to get into this job market
• 55:06
  Speaker 1: in this environment. So timmy, first of all, thank you
• 55:09
  Speaker 1: so much for being here and taking time out of
• 55:12
  Speaker 1: your kind of graduation schedule. Appreciate it.
• 55:14
  Speaker 12: Yeah, absolutely, I'm a huge fan of the show, so
• 55:17
  Speaker 12: I really appreciate the opportunity.
• 55:18
  Speaker 1: So when when do you? When do you graduate? By
• 55:20
  Speaker 1: the way, you still finals kicking around.
• 55:23
  Speaker 12: I finished my last final yesterday, so I'm through pretty
• 55:29
  Speaker 12: much all of my school work. My actual graduation is
• 55:32
  Speaker 12: going to be Saturday evening, So just working on that.
• 55:36
  Speaker 1: Well, bittersweet congratulations. Maybe at the end of the we'll
• 55:41
  Speaker 1: play some of the Barbie things at the end of
• 55:43
  Speaker 1: the end of the se He.
• 55:44
  Speaker 4: Loves it so much. He loves it so much, I'd
• 55:46
  Speaker 4: go it's great.
• 55:48
  Speaker 1: So let's let's start with a little bit of the
• 55:51
  Speaker 1: video of yours that kind of went went viral that
• 55:54
  Speaker 1: was getting attention about the difficulties of finding work at
• 55:58
  Speaker 1: this moment, let's roll out for one.
• 56:00
  Speaker 12: I'm applying to PhD programs because I've pretty much given
• 56:04
  Speaker 12: up on the idea of getting a job, because even
• 56:07
  Speaker 12: if I did get a job, I probably just end.
• 56:12
  Speaker 10: Up doing like annoying.
• 56:14
  Speaker 12: Work wrangling with AIS for like one or two years,
• 56:18
  Speaker 12: and then you have AIS that can wrangle themselves and
• 56:22
  Speaker 12: I'm not even useful anymore. So I'm going into a
• 56:25
  Speaker 12: PhD hopefully I can do a little bit of research
• 56:27
  Speaker 12: about AIS, even though I don't have access to the
• 56:30
  Speaker 12: best AIS.
• 56:32
  Speaker 1: And so is What was your job application process like
• 56:38
  Speaker 1: before you made the decision to just pull the plug
• 56:40
  Speaker 1: on it?
• 56:41
  Speaker 12: Yeah, so pretty much all of last summer I just
• 56:47
  Speaker 12: spent like applying to internship positions. I was looking for
• 56:52
  Speaker 12: some web development positions because I've done a lot of
• 56:56
  Speaker 12: like full stack web development work. I was also looking
• 56:59
  Speaker 12: for like, you know, like AI internships stuff like that
• 57:03
  Speaker 12: because I've experienced like fine tuning large language models to.
• 57:07
  Speaker 10: Do specific tasks.
• 57:08
  Speaker 12: But you know, I applied to probably definitely over one
• 57:13
  Speaker 12: hundred job applications. I did at least like one to
• 57:17
  Speaker 12: three every day, like I forced myself over last summer,
• 57:22
  Speaker 12: mostly on like LinkedIn.
• 57:24
  Speaker 10: But you know, I'm not counting.
• 57:26
  Speaker 12: Any of those like stupid like easy apply things because
• 57:29
  Speaker 12: those don't really do anything. No one ever responds to those.
• 57:32
  Speaker 12: So just counting the ones where you know, I found
• 57:35
  Speaker 12: the job application on LinkedIn, went to the employer's website.
• 57:39
  Speaker 12: Definitely over one hundred, and I mean I didn't get
• 57:45
  Speaker 12: I feel like I'm almost lucky in the sense that
• 57:47
  Speaker 12: I got probably like thirty to forty rejections. A lot
• 57:52
  Speaker 12: of people don't hear anything back at all from these
• 57:54
  Speaker 12: jobs that they applied to. And then I did get
• 57:59
  Speaker 12: one interview at the unpaid frontend web development position that
• 58:03
  Speaker 12: I've been doing the past couple semesters, and yeah, that's
• 58:07
  Speaker 12: what that's what I've been doing these past couple of semesters.
• 58:10
  Speaker 12: And yeah, I talked to the supervisor there also, and
• 58:16
  Speaker 12: I mean this was the thing that honestly really like
• 58:19
  Speaker 12: shocked me is at that unpaid internship position, he told
• 58:23
  Speaker 12: me that there were two hundred and fifty other applicants.
• 58:27
  Speaker 1: Wow, and I was I was.
• 58:30
  Speaker 12: The one who got the lucky unpaid, unpaid job.
• 58:34
  Speaker 1: So wow, So.
• 58:37
  Speaker 4: You start, you went into school studying computer science as
• 58:41
  Speaker 4: an undergrad what in twenty twenty two, and so yeah,
• 58:44
  Speaker 4: I'm really curious that you could tell us just a
• 58:45
  Speaker 4: little bit more. You get into this in your video,
• 58:47
  Speaker 4: which folks can go watch, but tell us a little
• 58:49
  Speaker 4: bit more just about yourself, about how well you did
• 58:53
  Speaker 4: in school. You had your pretty good grades, and why
• 58:56
  Speaker 4: you know, going in, what your expectations were of how
• 59:00
  Speaker 4: studying computer science would set you up. I'm sure you
• 59:02
  Speaker 4: believed for success. You're jumping in right before the AI
• 59:08
  Speaker 4: boom is starting to change absolutely everything.
• 59:11
  Speaker 12: Yeah, so I mean, yeah, I remember, you know, before
• 59:15
  Speaker 12: I had, you know, decided on UCF, I was pretty
• 59:20
  Speaker 12: sure I was going to go into psychology. But you know,
• 59:24
  Speaker 12: I was always interested in computer science. I've always been
• 59:27
  Speaker 12: like a coder, always worked on websites, stuff like that,
• 59:30
  Speaker 12: and I thought that, you know, there's a lot of
• 59:32
  Speaker 12: great opportunities there. They told us there are a lot
• 59:34
  Speaker 12: of great opportunities there. The job market was great in
• 59:37
  Speaker 12: twenty twenty two. But yeah, I mean, now I have
• 59:42
  Speaker 12: a four point oh gpa. I literally literally straight a's
• 59:46
  Speaker 12: like my entire time here at college. I've done you know,
• 59:51
  Speaker 12: I was a teaching assistant. I've done research in various labs.
• 59:55
  Speaker 12: And you know, another big thing too that, like they
• 59:58
  Speaker 12: say employers like to look for, is that you know
• 1:00:00
  Speaker 12: you have sort of a decent number of like personal projects,
• 1:00:03
  Speaker 12: like not just that you've had good grades, but you
• 1:00:06
  Speaker 12: know that you were able to actually like work with
• 1:00:08
  Speaker 12: something like a much larger scale project. And you know
• 1:00:11
  Speaker 12: I did that, like over my soft sophomore in junior year,
• 1:00:15
  Speaker 12: I worked on like this very large scale full stack
• 1:00:18
  Speaker 12: web development project where I like fine tuned large language
• 1:00:22
  Speaker 12: models to perform like this the specific task of sort
• 1:00:25
  Speaker 12: of identifying sort of like spin in like language.
• 1:00:32
  Speaker 10: And yeah, I.
• 1:00:33
  Speaker 12: Mean nothing nothing back from from anyone.
• 1:00:37
  Speaker 1: Yeah, what what about? Well what one of the things
• 1:00:41
  Speaker 1: I I saw people be critical of your video for
• 1:00:44
  Speaker 1: as well? This guy's not at Stanford, it's University of
• 1:00:47
  Speaker 1: Central Florida. But well for two things to that you
• 1:00:50
  Speaker 1: see f is actually when it comes to computer science,
• 1:00:53
  Speaker 1: you know, pretty strong school. Secondly, we're not an economy
• 1:00:59
  Speaker 1: just for Stanford, like like we there are millions of
• 1:01:03
  Speaker 1: people in this country. They all they all need work,
• 1:01:08
  Speaker 1: and so to say, well, sure, everything's fine. As long
• 1:01:12
  Speaker 1: as you go to Stanford, you're going to be fine. However,
• 1:01:14
  Speaker 1: from what I'm hearing, even the people who went to
• 1:01:17
  Speaker 1: Stanford are deeply struggling to to find the kind of
• 1:01:22
  Speaker 1: jobs that one year ago even would have been easy
• 1:01:25
  Speaker 1: for somebody coming out of Stanford. Just anecdotally, among the
• 1:01:28
  Speaker 1: circles that you run in, the computer science circles that
• 1:01:31
  Speaker 1: you've run in. What are you what are you hearing
• 1:01:33
  Speaker 1: from other seniors?
• 1:01:36
  Speaker 12: Yeah, so you know, I don't I don't know anyone
• 1:01:39
  Speaker 12: at Stanford, and most of the people I know are
• 1:01:41
  Speaker 12: just here at UCF.
• 1:01:44
  Speaker 10: You know, I have you know, one of my.
• 1:01:46
  Speaker 12: Close friends, you know, he got his first internship freshman year,
• 1:01:51
  Speaker 12: and so you know, he was able to sort of
• 1:01:54
  Speaker 12: use those connections at the time and and sort of
• 1:01:57
  Speaker 12: like continue working through various positions. He has a job
• 1:02:00
  Speaker 12: offer right now, so I'm very happy for him.
• 1:02:05
  Speaker 10: I know a lot.
• 1:02:07
  Speaker 12: Of other people who are going to grad school. It
• 1:02:12
  Speaker 12: really just kind of seems like a safe option, especially
• 1:02:15
  Speaker 12: if you've done well in school. You can work towards
• 1:02:20
  Speaker 12: like a specific project like research something like that, continue
• 1:02:25
  Speaker 12: getting paid, like if you have an assistant ship with
• 1:02:27
  Speaker 12: a tuition waiver, and it's like, that's that's an option
• 1:02:30
  Speaker 12: I've actually seen a very large number of people doing.
• 1:02:35
  Speaker 12: But yeah, there's I'd say it's mostly that, and then yeah,
• 1:02:41
  Speaker 12: I do. I do have a couple of people who
• 1:02:42
  Speaker 12: sort of got those connections early, and like you know,
• 1:02:46
  Speaker 12: they always tell us like networking is really really important
• 1:02:50
  Speaker 12: for for like getting a job, but nowadays it feels
• 1:02:54
  Speaker 12: like that really is kind of the only way anyone
• 1:02:57
  Speaker 12: gets any job, because if you're trying to wade into
• 1:03:00
  Speaker 12: that pool of college or not college application job applications,
• 1:03:07
  Speaker 12: where it really is just thousands and thousands of AI
• 1:03:11
  Speaker 12: generated resumes that are going to these AI filters that
• 1:03:16
  Speaker 12: who knows what they're even doing, how many of these
• 1:03:17
  Speaker 12: jobs are even real? You're not going to be in
• 1:03:20
  Speaker 12: for a fun time.
• 1:03:22
  Speaker 4: Can you talk us Talk to us about the response
• 1:03:24
  Speaker 4: you've gotten to your video. Again, we mentioned it's over
• 1:03:26
  Speaker 4: one hundred thousand views, and that's I think interesting in
• 1:03:30
  Speaker 4: and of itself. I think it probably speaks to you
• 1:03:32
  Speaker 4: capturing something that other people are then sending around and
• 1:03:35
  Speaker 4: saying this is what my experience is. Like, it's resonant.
• 1:03:39
  Speaker 4: So talk to us a bit about what you've heard
• 1:03:42
  Speaker 4: from other people is you've shared your own experience publicly.
• 1:03:46
  Speaker 10: Yeah, I mean, I don't know. There's sort of a
• 1:03:49
  Speaker 10: couple of different sets of responses.
• 1:03:51
  Speaker 12: I mean, there's a lot of people who are you know,
• 1:03:56
  Speaker 12: even like earlier along the path than me, who are
• 1:04:00
  Speaker 12: either like just graduating high school right now, or they're
• 1:04:02
  Speaker 12: like a freshman or a sophomore, and you know, they're
• 1:04:05
  Speaker 12: just trying to like figure out what should they even
• 1:04:07
  Speaker 12: be doing right now in this economy. And you know,
• 1:04:11
  Speaker 12: I try to give advice as best I can, but
• 1:04:15
  Speaker 12: you know, I honestly don't really know like what the
• 1:04:19
  Speaker 12: best option would be for for someone going through that.
• 1:04:23
  Speaker 12: I mean, honestly, the best piece of advice I could
• 1:04:25
  Speaker 12: give to someone like that is just to keep working
• 1:04:27
  Speaker 12: on like personal projects. You can you can use Claude
• 1:04:30
  Speaker 12: code to like spin up an interesting idea pretty quickly
• 1:04:35
  Speaker 12: and maybe you can put that on a resume or
• 1:04:37
  Speaker 12: get some sort of connection or something from that.
• 1:04:41
  Speaker 10: And then there's sort of like this other set of people.
• 1:04:45
  Speaker 10: I don't know.
• 1:04:46
  Speaker 12: I got this email from someone who's like just just
• 1:04:50
  Speaker 12: like move to the Bay Area, bro. There's a bunch
• 1:04:52
  Speaker 12: of like AI AI engineer physicians. XAI is paying like
• 1:04:57
  Speaker 12: four hundred thousand dollars a year if you're willing to
• 1:04:59
  Speaker 12: sell your soul. But you know, not everyone can can
• 1:05:03
  Speaker 12: live in San Francisco, So I don't really.
• 1:05:06
  Speaker 10: Know about that.
• 1:05:07
  Speaker 4: Yeah, that might not be the best of us it.
• 1:05:08
  Speaker 1: Yeah, I mean that is, you know, when you combine
• 1:05:11
  Speaker 1: it with the idea that networking is the only way
• 1:05:15
  Speaker 1: to get a job at this point, Like, I get
• 1:05:18
  Speaker 1: the idea, like just move to the Bay Are Like
• 1:05:20
  Speaker 1: when you wanted to be an actor, you move used
• 1:05:23
  Speaker 1: to be moved to La You want to be a
• 1:05:25
  Speaker 1: country musician in this or you want to be a
• 1:05:27
  Speaker 1: folk musician in sixties you moved to you know, the village.
• 1:05:31
  Speaker 1: You want to be a country singer, you moved to Nashville.
• 1:05:33
  Speaker 1: Like so I get it. But as you think about that, what,
• 1:05:39
  Speaker 1: like is that possible? Like are there affordable group houses
• 1:05:44
  Speaker 1: for people moving out there or like because if it's
• 1:05:47
  Speaker 1: five thousand dollars for an apartment, you better network immediately
• 1:05:53
  Speaker 1: and you're also not going to get the apartment.
• 1:05:55
  Speaker 10: Yeah, I mean that is the issue.
• 1:05:57
  Speaker 12: It's like I don't know anyone in cal and like
• 1:06:00
  Speaker 12: I can't just get a job, like I need to
• 1:06:03
  Speaker 12: have a job lined up there already, and then you
• 1:06:07
  Speaker 12: know the ability then to move knowing that I have
• 1:06:10
  Speaker 12: like some sort of stable income, Like I could never
• 1:06:12
  Speaker 12: just move to San Francisco, Like that's not financially feasible.
• 1:06:16
  Speaker 1: That's bleak unless you're in the street.
• 1:06:19
  Speaker 4: Right And to me, you go through this in the video,
• 1:06:22
  Speaker 4: but tell us a little bit more about why you've
• 1:06:24
  Speaker 4: landed on the path that you've landed for your future,
• 1:06:27
  Speaker 4: Like why are you taking the bet that you are?
• 1:06:32
  Speaker 4: What is it? I mean it actually it's a story
• 1:06:34
  Speaker 4: that reminds me a lot of well people were making
• 1:06:37
  Speaker 4: the decision to do during the Great Recession, kind of
• 1:06:39
  Speaker 4: the stay in school. So talk to us a little
• 1:06:42
  Speaker 4: bit about why you're thinking what you're thinking right now,
• 1:06:44
  Speaker 4: why you're taking that kind of gamble. It's a sort
• 1:06:48
  Speaker 4: of safer bet. Why do you think it's a safer bet?
• 1:06:51
  Speaker 10: Yeah, I mean there's sort of like two reasons.
• 1:06:53
  Speaker 12: I mean the first one is kind of just purely financial,
• 1:06:56
  Speaker 12: Like I'm very lucky that I don't have any like
• 1:07:00
  Speaker 12: I had a very good scholarship, so I'm debt free
• 1:07:04
  Speaker 12: and I don't have to really worry about immediately making
• 1:07:07
  Speaker 12: income to try to pay that off, so I have
• 1:07:09
  Speaker 12: a little bit more time. I managed to land a
• 1:07:14
  Speaker 12: graduate assistantship position, so you know, they'll pay me for
• 1:07:17
  Speaker 12: doing research and I get tuition waves, so you know,
• 1:07:21
  Speaker 12: it's not like.
• 1:07:22
  Speaker 10: It's not like I'm.
• 1:07:24
  Speaker 12: Going into two more dire financial straits by doing this.
• 1:07:29
  Speaker 10: And then the other reason is I really.
• 1:07:32
  Speaker 12: Am just sort of interested and worried about sort of
• 1:07:36
  Speaker 12: the consequences of AI on society. I've always been been
• 1:07:41
  Speaker 12: worried about this, Like I think social media is an
• 1:07:44
  Speaker 12: example of a sort of very very simple AI system
• 1:07:49
  Speaker 12: that just runs from like the one rule of maximizing engagement,
• 1:07:54
  Speaker 12: and I think it has had catastrophic consequences, like on
• 1:07:58
  Speaker 12: the mental health.
• 1:07:59
  Speaker 10: Of my generation.
• 1:08:02
  Speaker 12: And I can't imagine like what the consequences could be
• 1:08:05
  Speaker 12: for for something way way smarter if we don't like
• 1:08:08
  Speaker 12: take this really really seriously and get this right. So
• 1:08:10
  Speaker 12: you know, I'm hoping to be able to do some
• 1:08:12
  Speaker 12: sort of research with AI safety alignment, figuring out how
• 1:08:16
  Speaker 12: we can actually make these things do what we need to.
• 1:08:19
  Speaker 12: But I understand that it's it's not going to be easy,
• 1:08:23
  Speaker 12: but hopefully I can make at least some sort of
• 1:08:25
  Speaker 12: contribution there.
• 1:08:27
  Speaker 1: Hopefully nobody else is taking it very seriously, that's for sure.
• 1:08:31
  Speaker 1: Let's finish up with some Barbie we can roll Timmy's
• 1:08:35
  Speaker 1: all right production from a couple of years ago put
• 1:08:38
  Speaker 1: up F three. One reason okay with her getting Stubb, though,
• 1:08:42
  Speaker 1: is because she really flopped the landing with this like
• 1:08:46
  Speaker 1: ratification of neoliberalism at the very end, with this you
• 1:08:49
  Speaker 1: are you are enough like nobody nobody's kanough. You need,
• 1:08:53
  Speaker 1: you need community, you need socialization, you need friends, you
• 1:08:56
  Speaker 1: need family, like you need loved ones around you. Nobody
• 1:08:59
  Speaker 1: is enough. And the idea that you would try to
• 1:09:01
  Speaker 1: tell a whole bunch of kids that they don't need
• 1:09:03
  Speaker 1: anything other than themselves, I thought was just a like
• 1:09:06
  Speaker 1: horrific message at the end. So, and the.
• 1:09:09
  Speaker 5: Idea that you would try to tell a whole bunch
• 1:09:11
  Speaker 5: of kids that they don't need anything other than themselves.
• 1:09:15
  Speaker 1: Nobody's enough, nobody's enough. You need, you need community, you
• 1:09:19
  Speaker 1: need socialization, you need friends, you need family like you
• 1:09:22
  Speaker 1: need loved ones around you.
• 1:09:23
  Speaker 4: Nobody is enough.
• 1:09:25
  Speaker 1: No, nobody is enough. You need community, you need socialization,
• 1:09:31
  Speaker 1: you need friends, you need family, you need loved ones
• 1:09:33
  Speaker 1: around you.
• 1:09:34
  Speaker 4: Nobody is enough, it's pretty good stuff to me.
• 1:09:37
  Speaker 1: That's pretty funny.
• 1:09:38
  Speaker 10: Thank you, thank you.
• 1:09:39
  Speaker 12: It's uh, it worked pretty hard on it.
• 1:09:44
  Speaker 1: Yeah, and must must be probably a lot easier now
• 1:09:47
  Speaker 1: with Claude. That was that was this was like pre
• 1:09:49
  Speaker 1: claud coding, right.
• 1:09:50
  Speaker 10: Yeah, that is a that's.
• 1:09:53
  Speaker 1: A that's artismal problem.
• 1:09:55
  Speaker 4: Yeah, Tommy mcgautha. Where can people follow you? Where can
• 1:10:00
  Speaker 4: they find find your work, whether it's lo fi or
• 1:10:04
  Speaker 4: graduation videos?
• 1:10:06
  Speaker 12: Yeah, so I'm on YouTube, Timmy McAllister. I've been trying
• 1:10:11
  Speaker 12: to upload like about a video every week talking about.
• 1:10:14
  Speaker 10: AI society stuff like that.
• 1:10:18
  Speaker 12: If anyone wants to try to support me financially, I
• 1:10:22
  Speaker 12: just started a Patreon. I don't have anything really on
• 1:10:25
  Speaker 12: there yet. I have like a couple of videos, but
• 1:10:27
  Speaker 12: if anyone is able to that would be awesome.
• 1:10:31
  Speaker 10: But yeah, that's about That's about what I'm doing right now.
• 1:10:33
  Speaker 1: That's about all we got left to offer as an economy.
• 1:10:37
  Speaker 1: So well, we'll we'll stay in touch. Curious how your
• 1:10:41
  Speaker 1: how your journey goes over the next you know, months
• 1:10:44
  Speaker 1: and years. So thanks for thanks for being here and
• 1:10:47
  Speaker 1: good luck.
• 1:10:48
  Speaker 10: Yeah, absolutely, thank you so much for having me.
• 1:10:51
  Speaker 1: All right, enjoy graduation day. Well, Emily, I am sure, sure, glad,
• 1:10:55
  Speaker 1: I'm not graduating right now. I'm god, I'm sorry for
• 1:10:59
  Speaker 1: all these people that are graduating into this disaster.
• 1:11:02
  Speaker 4: No, it's brutal. I pulled up a New York Times
• 1:11:04
  Speaker 4: article while we were talking to Timmy, and the New
• 1:11:07
  Speaker 4: York Times is describing this as quote the most dismal
• 1:11:11
  Speaker 4: and unpredictable job market in years. Employers overall are hiring
• 1:11:15
  Speaker 4: fewer workers, dimming the prospects in particular for first time
• 1:11:18
  Speaker 4: entrance into the into the labor market. And then also
• 1:11:21
  Speaker 4: obviously mentioning the rise of AI, which we just heard
• 1:11:23
  Speaker 4: from Timmy who thought computer science would be a safe
• 1:11:27
  Speaker 4: major going into school in twenty twenty two, how quickly.
• 1:11:30
  Speaker 1: They learned to code. And yeah, and the harder that first,
• 1:11:34
  Speaker 1: the higher that first obstacle is, then the more it
• 1:11:36
  Speaker 1: helps to be rich to be in with and the
• 1:11:40
  Speaker 1: further we get from a remotely meritocratic level playing field.
• 1:11:44
  Speaker 1: M hm.
• 1:11:45
  Speaker 4: Yes, that's a good point, because.
• 1:11:46
  Speaker 1: Like, if your parents can send you to the Bay Area,
• 1:11:48
  Speaker 1: you can do the end for six months, pay your.
• 1:11:51
  Speaker 4: Rent, unpaid internship ypes that type of.
• 1:11:54
  Speaker 1: Thing which apparently possible to get too anyway.
• 1:12:00
  Speaker 4: Really like I mean. That was the theme of today's show,
• 1:12:02
  Speaker 4: with the exception of maybe Ron. We we may, we
• 1:12:05
  Speaker 4: may have an end of kinetic fighting. We may there
• 1:12:09
  Speaker 4: may be an end in sight. I don't know, we'll see,
• 1:12:12
  Speaker 4: but bleak all around. Indeed, So thanks for watching Freakingpoints
• 1:12:18
  Speaker 4: dot com. I'm get a premium subscription if you like
• 1:12:20
  Speaker 4: being tortured by bad news like we do.
• 1:12:24
  Speaker 1: Indeed, talk to you later.