Latest / Yaron Brook Show / NATO-Ukraine, Turkey; Weapons; FIFA; Losers; Gov Equity; Immigration; Achievement | Yaron Brook Show

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NATO-Ukraine, Turkey; Weapons; FIFA; Losers; Gov Equity; Immigration; Achievement | Yaron Brook Show · Yaron Brook Show

• 0:03
  Speaker 1: A lot of them photos, last little cells and an
• 0:11
  Speaker 1: individual watch this is the show. Oh wait, everybody, welcome
• 0:21
  Speaker 1: to your one book show on this Monday, July sixth.
• 0:26
  Speaker 1: I hope everybody is having a great time.
• 0:29
  Speaker 2: I hope, I hope you all watched the England game yesterday.
• 0:34
  Speaker 1: Wow, what a what a game? Uh? I was on
• 0:38
  Speaker 1: the edge of my seat. God it was. It was
• 0:42
  Speaker 1: truly amazing. It was an amazing game.
• 0:44
  Speaker 2: Uh, and this strange hour for today's show. Who was
• 0:48
  Speaker 2: to accommodate me watching the Spain Portugal game and then
• 0:51
  Speaker 2: the US game later tonight? But then, uh, what's happened
• 0:57
  Speaker 2: to Spain? Portugal was zero zero when I left it,
• 1:01
  Speaker 2: And it turns out that while I was here just
• 1:08
  Speaker 2: putting the final touches and setting everything up, Spain scored
• 1:11
  Speaker 2: a goal. So it's one zero, but I missed the
• 1:13
  Speaker 2: goal with I guess a few minutes left.
• 1:18
  Speaker 1: In extended times.
• 1:20
  Speaker 2: They scored the goal in the ninetieth minute, but they
• 1:21
  Speaker 2: added six minutes, so we'll see Portugal score goal in
• 1:25
  Speaker 2: the next six minutes after not scoring it the whole time.
• 1:27
  Speaker 2: So if anybody on here wants to keep me updated
• 1:30
  Speaker 2: on the Spain Portugal I guess anybody's really interested in
• 1:33
  Speaker 2: Spain Portugal, it's probably not listening to your On brookshow
• 1:36
  Speaker 2: right now. They're probably by their TVs watching the game.
• 1:41
  Speaker 2: We'll get to the controversy around around the US Belgium
• 1:47
  Speaker 2: game later. But yesterday, you know, Brazil played and I
• 1:54
  Speaker 2: was all in on Brazil and they completely They played terribly.
• 1:58
  Speaker 2: They played really really bad, and they lost, which was deserving.
• 2:05
  Speaker 2: They deserve to lose. All right, game is over. Spain
• 2:08
  Speaker 2: has won one zero final score. All right, I see
• 2:11
  Speaker 2: people have joined since the game is done. Makes sense.
• 2:16
  Speaker 2: I mean Spain was the favorite coming in. It is
• 2:18
  Speaker 2: the second ranked team in the world. Portugal's number five,
• 2:24
  Speaker 2: and they had more weapons. And I think Portugal made
• 2:28
  Speaker 2: a mistake and keeping Ronaldo in the game. Ronaldo's old
• 2:32
  Speaker 2: and probably should have replaced him. You know, it's sometime
• 2:37
  Speaker 2: early on. They probably would have had a better result.
• 2:41
  Speaker 1: Anyway, this World Cup is fun. World Cups are always fun.
• 2:46
  Speaker 1: I enjoyed them all.
• 2:47
  Speaker 2: So I'm looking forward to a either England or Argentina
• 2:54
  Speaker 2: versus Spain or France.
• 2:56
  Speaker 1: Final. You can't go wrong. I mean, those are four
• 3:01
  Speaker 1: of the best teams in the world, and uh, it's
• 3:05
  Speaker 1: gonna be it's gonna be fantastic. I mean, the quarter
• 3:07
  Speaker 1: finals are going to be amazing, and then the semifinals
• 3:10
  Speaker 1: and then I'm looking for an exciting final game. But
• 3:13
  Speaker 1: yesterday's England game maybe badly refereed, but it doesn't matter
• 3:17
  Speaker 1: because I just created a lot of drama and the
• 3:19
  Speaker 1: drama was fun so so it was amazing. I hear.
• 3:26
  Speaker 2: You know, people stayed up until four five in the morning.
• 3:28
  Speaker 2: Uh and they you know, you couldn't sleep anyway because
• 3:31
  Speaker 2: people were yelling and screaming in the streets and and
• 3:33
  Speaker 2: from from their TVs. And uh so it was a
• 3:37
  Speaker 2: big deal in the UK. All right, Uh, let's see
• 3:41
  Speaker 2: where are we? Uh we uh whatever, I want to
• 3:48
  Speaker 2: update you. I've updated you about the games. I've updated
• 3:51
  Speaker 2: about football soccer, however you want to call it. Yes,
• 3:54
  Speaker 2: it's just a quick piece of breaking news, good news
• 3:57
  Speaker 2: I think coming out of me.
• 4:00
  Speaker 1: Uh Platner.
• 4:02
  Speaker 2: Platner, who is this really awful candidate for the Senate
• 4:05
  Speaker 2: Democratic candidate who is a a Bernie Sanders favorite, a
• 4:12
  Speaker 2: a you know really you know, but charismatic and and
• 4:16
  Speaker 2: uh there's rallied people and really got people excited about
• 4:19
  Speaker 2: his potential longer term, maybe even running for president one day.
• 4:23
  Speaker 2: And and Uh is a huge populist. You know, we'll
• 4:28
  Speaker 2: call him a socialist because I think he's really just
• 4:31
  Speaker 2: a leftist populist, but a quite a far left.
• 4:37
  Speaker 1: He's been accused of all kinds of sexual uh sexual uh.
• 4:41
  Speaker 2: In proprietaries in the past, but they but he managed
• 4:45
  Speaker 2: to somehow get by it. And okay, well, today a
• 4:48
  Speaker 2: woman who dated him.
• 4:50
  Speaker 1: Says he sexually assaulted her.
• 4:54
  Speaker 2: The his Senate campaign says it is taking time to
• 4:57
  Speaker 2: reflect on the path forward, which usually is a precosa
• 5:01
  Speaker 2: were drawing from the race. So it does look like
• 5:05
  Speaker 2: either way where he runs or not, Susan Collins, the
• 5:08
  Speaker 2: Republican will probably win Maine.
• 5:12
  Speaker 1: Which is good.
• 5:12
  Speaker 2: Susan Collins is a Republican, stands up for Trump against Trump,
• 5:16
  Speaker 2: and she's not a great Republican.
• 5:17
  Speaker 3: She's on most issues, she's way too much to the
• 5:24
  Speaker 3: left and economic issues, but she at least stands up
• 5:26
  Speaker 3: to Trump on on many of the issues.
• 5:29
  Speaker 1: And it's good not to have Platina in the Senate.
• 5:36
  Speaker 2: It would be good if his political career ends with this,
• 5:40
  Speaker 2: and whatever charisma you might have had it goes away.
• 5:43
  Speaker 2: It is though, that that populist nationalize it all, tax
• 5:49
  Speaker 2: the rich, crushed, the billionaires, go after everybody fifty stake
• 5:55
  Speaker 2: in AI hate Israel, that Aude is popular.
• 6:01
  Speaker 1: And and he was gonna win on that.
• 6:05
  Speaker 2: If he doesn't win, it's because he's also a sexual abuser.
• 6:10
  Speaker 1: Uh.
• 6:10
  Speaker 2: And good riddance. I say, somebody wanted me to start
• 6:16
  Speaker 2: the show with good news and in the show with
• 6:18
  Speaker 2: good news. So I'm trying. I'm trying.
• 6:20
  Speaker 1: I don't have a lot of achievement today. I was
• 6:23
  Speaker 1: running late because of the game, so I apologize for that.
• 6:28
  Speaker 1: All right.
• 6:29
  Speaker 2: Uh, let's see, let's uh move on to to Ukraine.
• 6:36
  Speaker 1: Well, to NATO.
• 6:37
  Speaker 2: Trump is on a is on his way. I guess
• 6:40
  Speaker 2: the NATO summit. The NATO summit is in. I think
• 6:42
  Speaker 2: it's in Tookey take Tooky is a member of NATO.
• 6:46
  Speaker 2: Tooki Islamist run Tooki is a member of NATO.
• 6:50
  Speaker 1: Uh. And Trump is on the way there. I was
• 6:53
  Speaker 1: already there. Uh.
• 6:55
  Speaker 2: And for the for the NATO summer two big well,
• 6:59
  Speaker 2: three big things to watch at the NATO summit this week.
• 7:04
  Speaker 2: One is Ukraine's second is f thirty fives that took
• 7:09
  Speaker 2: key and and thirty is troops, troops in US troops
• 7:13
  Speaker 2: in Europe.
• 7:13
  Speaker 1: So let's start with Ukraine.
• 7:16
  Speaker 2: And Ukraine supposedly has now officially run out of Patriot missiles.
• 7:21
  Speaker 2: It has no defense against the ballistic missiles flow that
• 7:27
  Speaker 2: are that are bombarded by by by Russia. It can't
• 7:31
  Speaker 2: shoot them down. It doesn't have the defense systems to
• 7:33
  Speaker 2: shoot them down. And you know, Ukraine has asked for
• 7:37
  Speaker 2: something very very simple. It's asked to be able to
• 7:40
  Speaker 2: produce Patriot missiles in Ukraine and Trump I don't think
• 7:46
  Speaker 2: he said. Nobody hasn't said yes, and it's dragging and dragging.
• 7:50
  Speaker 2: J What is the cost I mean, Patriot missile, It's
• 7:54
  Speaker 2: probably not, you know, the pistyle itself is probably not
• 7:58
  Speaker 2: the most biggest sea in the world. It's it's it's
• 8:02
  Speaker 2: it's it's fairly aged. It's it's not, you know, cutting
• 8:06
  Speaker 2: into technology. I don't think, certainly, not maybe the launcher,
• 8:09
  Speaker 2: but I don't think the missile. But anyway, what is
• 8:12
  Speaker 2: the risk of letting the Ukrainians build their own Patriots?
• 8:15
  Speaker 2: I mean, I think I know what the risk is.
• 8:17
  Speaker 2: The risk is to make the United States look bad.
• 8:19
  Speaker 2: We can't produce Patriot missiles. We're running short of them.
• 8:23
  Speaker 2: I mean we'll get to this in in the next
• 8:25
  Speaker 2: segment about weapons systems. We can't produce ammunition. It takes
• 8:31
  Speaker 2: months years to produce a missile. We can't keep up,
• 8:35
  Speaker 2: we can't restock. So maybe the Ukrainians would make us
• 8:39
  Speaker 2: look bad because they would produce huge numbers of missiles. Anyway,
• 8:43
  Speaker 2: Russia hit Ukraine again last night, killing a bunch of civilians,
• 8:48
  Speaker 2: including children, just a just a you know, just an
• 8:51
  Speaker 2: attack on Kiev. No strategic I mean, the strategic purpose
• 8:55
  Speaker 2: is just to wear down the Ukrainian people.
• 8:57
  Speaker 1: But it's not working. It seems to having the opposite result.
• 9:02
  Speaker 2: Several civilians, including children, reportedly killed and injured in this
• 9:09
  Speaker 2: sixty eight missiles three hundred and fifty one attack drones
• 9:12
  Speaker 2: across several regions in Ukraine. Now the drones, I think
• 9:16
  Speaker 2: the Ukrainians are very good at getting at but they
• 9:20
  Speaker 2: don't have an answer to the ballistic missiles because the
• 9:23
  Speaker 2: answer is a patriot. And they're very good at using
• 9:26
  Speaker 2: the patriots. And they're better than the Americans that using
• 9:29
  Speaker 2: the patriots in a sense of not wasting them, using
• 9:33
  Speaker 2: them smartly. But they're just notn't enough that the US
• 9:36
  Speaker 2: is not supplying them with any and they're not building them.
• 9:42
  Speaker 2: They're not building them, they're not allowing them to build
• 9:44
  Speaker 2: them in Ukraine. Now, Trump is going to meet with
• 9:47
  Speaker 2: Zelenski while he's out there, while he's a do Nado summit,
• 9:54
  Speaker 2: and you know, I hope he gets off this idea
• 10:01
  Speaker 2: of cutting a piece steel, because whenever he talks about that,
• 10:04
  Speaker 2: he's basically just it's it's Putin's talking points. Just helped
• 10:10
  Speaker 2: the Ukrainians defend themselves and leave the rest of the Ukrainians.
• 10:16
  Speaker 2: So it's hard to tell, you know, the the US.
• 10:24
  Speaker 2: I mean, this is a US official say in the
• 10:26
  Speaker 2: battlefield has clearly frozen over the last couple of months.
• 10:29
  Speaker 1: Neither side is making a lot of progress.
• 10:31
  Speaker 2: The President feels a real sense of urgency to try
• 10:34
  Speaker 2: to bring this to stop. So again he's going to
• 10:37
  Speaker 2: try for his peace steel, and again he's going to
• 10:39
  Speaker 2: try to play to Putin.
• 10:42
  Speaker 1: Which is awful. So we'll see.
• 10:45
  Speaker 2: I mean, Trump spoke with Russian President Putin on a
• 10:49
  Speaker 2: lengthy call on Sunday. When he speaks to Putin before
• 10:53
  Speaker 2: he visits Zelenski. The meeting with Zelenski is usually a
• 10:56
  Speaker 2: disaster because he.
• 10:57
  Speaker 1: Just he picks up all the talking points from Putin.
• 11:00
  Speaker 2: When he speaks to Zelenski independent of Putin, it usually
• 11:03
  Speaker 2: goes well.
• 11:07
  Speaker 1: So we'll see what happens.
• 11:12
  Speaker 2: The key is providing the Ukrainians with defensive weapons systems
• 11:17
  Speaker 2: or providing the ability to produce them themselves.
• 11:21
  Speaker 1: But you know, we'll see how that goes.
• 11:24
  Speaker 2: And a meantime, as I said, Russia is major as
• 11:29
  Speaker 2: strikes against Ukraine, particularly the capital, killing people, trying to
• 11:33
  Speaker 2: demodelize the population. The front is frozen, the Russians cannot advance.
• 11:39
  Speaker 2: The fund is dominated by drones and by robots, robotic
• 11:44
  Speaker 2: machine guns, I guess, and Russian casualties are stratostrophic.
• 11:49
  Speaker 1: They're just unbelievable. But Russia doesn't mind.
• 11:54
  Speaker 2: They have no problem having their own people just killed
• 11:56
  Speaker 2: and killed and killed and killed.
• 11:57
  Speaker 1: What they do mind is this Ukraine is.
• 12:01
  Speaker 2: Striking Russian energy infrastructure at an unprecedented rate. At the
• 12:06
  Speaker 2: Financial Times did a data analysis and shows that Kiev's
• 12:11
  Speaker 2: intensified Dronan campaign is creating Russia's worth few crisis in decades.
• 12:18
  Speaker 2: Right Russia, a major export of oil, is running through
• 12:22
  Speaker 2: a fuel crisis because the Ukrainians are hitting their refineries,
• 12:26
  Speaker 2: They're hurting their supply lines. The number of successful Ukrainian
• 12:30
  Speaker 2: strikes against Russian refineries reached an all time all time
• 12:34
  Speaker 2: monthly record of sixteen in May. June is tracking that.
• 12:38
  Speaker 2: I just saw another refiner we hit today. I'll find
• 12:41
  Speaker 2: you that it's really, really, really deep in Russian territory.
• 12:48
  Speaker 2: And Russian refiners have been hit one hundred and ninety
• 12:53
  Speaker 2: four times in twenty twenty six, one hundred and ninety
• 12:57
  Speaker 2: four times in twenty twenty six, so that's elevenfold the
• 13:06
  Speaker 2: same period last year. And Russia struggling, and it's they're
• 13:11
  Speaker 2: also hitting oil export depots, so exporters are struggling. And
• 13:17
  Speaker 2: then another thing in the Ukrainians doing is that they're
• 13:19
  Speaker 2: basically making Crimea.
• 13:23
  Speaker 1: They have completely eviscerated the supply roots to Crimea, so
• 13:28
  Speaker 1: Coomea have no oil. People are trying to leave. There
• 13:31
  Speaker 1: is no.
• 13:35
  Speaker 2: You know, there was no there's no good supply laines
• 13:42
  Speaker 2: into Crimea. So Russians are leaving Crimea. So you know,
• 13:48
  Speaker 2: Putin is struggling. Putin is really really struggling. I've talked
• 13:52
  Speaker 2: about the Russian economy, you know, going through hard times,
• 13:56
  Speaker 2: they continue to go hard times. Russians are good at
• 13:58
  Speaker 2: going through hard times. They have no problem going through
• 14:00
  Speaker 2: hard times.
• 14:02
  Speaker 1: But put In is struggling.
• 14:04
  Speaker 2: And the only person in the world they're going to
• 14:06
  Speaker 2: bail Putin out is Trump, and I have a feeling
• 14:10
  Speaker 2: that Trump is gonna try really really hard to do
• 14:13
  Speaker 2: exactly that. So sadly, that is that is where we
• 14:21
  Speaker 2: are up. So that is issue number one. As I said,
• 14:24
  Speaker 2: Trump will meet Zelinski at the NATO summit, He'll meet
• 14:27
  Speaker 2: with European leaders, will lobby Trump.
• 14:30
  Speaker 1: Europe talks a good game.
• 14:33
  Speaker 2: We're in supporting Ukraine, but Europe has so many, so
• 14:36
  Speaker 2: many of its own problems.
• 14:38
  Speaker 1: It is really struggling.
• 14:40
  Speaker 2: And you know, they're trying to build up a military,
• 14:45
  Speaker 2: but they're trying to build up their own military defense industries.
• 14:50
  Speaker 2: But they have disagreements among themselves that they kept. The
• 14:53
  Speaker 2: Germans and the French keep trying to build weapons systems
• 14:56
  Speaker 2: together and it keeps falling apart. Sup the Germans and
• 14:58
  Speaker 2: the French don't get along. So a lot of struggling
• 15:02
  Speaker 2: in Europe. Ukraine is in great shape as compared to Russia.
• 15:08
  Speaker 2: Russia is in much worse shape. But you know, it
• 15:14
  Speaker 2: still needs at least the ability to defend itself against
• 15:19
  Speaker 2: these ballistic missiles.
• 15:20
  Speaker 1: But the Ukrainian economy is doing better.
• 15:24
  Speaker 2: The Ukraine is producing their own drones, they're producing their
• 15:27
  Speaker 2: own cruise missiles. They're hitting Russia in places that the
• 15:31
  Speaker 2: Russians could have never imagined. Russia's doing what Russia has
• 15:35
  Speaker 2: been doing from the beginning of the war, a lot
• 15:37
  Speaker 2: less of it because they can't move in the ground.
• 15:40
  Speaker 1: They can't move in the ground, and you know, Russia
• 15:43
  Speaker 1: is losing.
• 15:46
  Speaker 2: A lot more soldiers something like five ex Moo soldiers
• 15:49
  Speaker 2: on the front than Ukraine is in terms of injuries
• 15:52
  Speaker 2: and deaths, and a lot of that has to do
• 15:55
  Speaker 2: with Ukraine Ukraine strategy, but also the fact that they're
• 15:58
  Speaker 2: using so much, so many uh you know, robotic drone
• 16:03
  Speaker 2: kind of uh for weapons systems.
• 16:07
  Speaker 1: So it doesn't require a lot of support now for
• 16:14
  Speaker 1: Ukraine for for Ukraine to really tilt this because again
• 16:19
  Speaker 1: Russia is in retreat in Crimea.
• 16:22
  Speaker 2: They can't get supplies to Crimea. That is, and Crimea
• 16:27
  Speaker 2: was a this was the this is the prize asset
• 16:31
  Speaker 2: for Putin, prize asset for Putin.
• 16:35
  Speaker 1: So it's it is uh it is uh.
• 16:43
  Speaker 2: You know, it wouldn't take much for the US to
• 16:44
  Speaker 2: to help tilt this and we're not even talking about
• 16:47
  Speaker 2: money to tilt this, all.
• 16:51
  Speaker 1: Right, So that is uh. That is issue number one
• 16:53
  Speaker 1: in NATO.
• 16:54
  Speaker 2: Number two is the expectation that Trump will, while he
• 16:59
  Speaker 2: is in Turkey, approved the sale of F thirty five
• 17:03
  Speaker 2: jets to Turkey.
• 17:05
  Speaker 1: His ally, his friend, his authoritarian, I don't know what
• 17:11
  Speaker 1: to call him.
• 17:13
  Speaker 2: Buddy one has been trying to angle for F thirty
• 17:18
  Speaker 2: five for a long time.
• 17:22
  Speaker 1: About was it about ten years ago.
• 17:25
  Speaker 2: They were excluded from the F thirty five program because
• 17:28
  Speaker 2: the other one bought was it grunted, a missile defense
• 17:35
  Speaker 2: systems from the Russians. They asked four hundred and since
• 17:38
  Speaker 2: they were buying weapon systems from the Russians, the Americans said,
• 17:41
  Speaker 2: you can't have you can't have their thirty five. Well,
• 17:44
  Speaker 2: now One has abandoned THERES four hundred. He's learned a
• 17:48
  Speaker 2: lesson that I have been talking about for thirty years.
• 17:52
  Speaker 2: Russian weapons systems suck. I think that's a technical term.
• 17:56
  Speaker 2: They suck big time. And so he's abandoned the AS
• 18:01
  Speaker 2: four hundred and once the F thretey five, But in
• 18:04
  Speaker 2: the meantime, it's become clear that du one is an authoritarian,
• 18:09
  Speaker 2: that other one is an Islamist, that he is agenda
• 18:13
  Speaker 2: is an He might dress in a suit and tie,
• 18:16
  Speaker 2: he might present himself as a modern Westerner, but is
• 18:21
  Speaker 2: long term, big style agenda similar to Putin's. It is
• 18:26
  Speaker 2: the re establishment of a kind of an Ottoman empire.
• 18:28
  Speaker 2: He can't do it, he doesn't have the capabilities, but
• 18:31
  Speaker 2: that's what he'd like. And in the meantime, support even
• 18:35
  Speaker 2: if it's silent and kind of under the table, to
• 18:38
  Speaker 2: the Islamist regimes all over all over the world, and
• 18:45
  Speaker 2: and uh, you know, support for for the Syrian regime
• 18:51
  Speaker 2: now and and generally a destabilizing force and an anti
• 18:56
  Speaker 2: American force in the Middle East.
• 18:58
  Speaker 1: And for the United States give Edragan f three fives
• 19:05
  Speaker 1: is is is just it's just ridiculous.
• 19:11
  Speaker 2: No it again, has has had a great relationship with Trump,
• 19:15
  Speaker 2: even in.
• 19:15
  Speaker 1: His first term. One of one of the you know,
• 19:24
  Speaker 1: one of the.
• 19:29
  Speaker 2: Reasons that the the Iran War didn't go as planned
• 19:35
  Speaker 2: was because Ergon Hoods supposed to be leaked by JD.
• 19:39
  Speaker 2: Vance's people that the CIA was arming the Kods. They
• 19:42
  Speaker 2: invade Iran and erdu Gan called Trump and said no, no, no,
• 19:46
  Speaker 2: that's unacceptable, and and uh said Trump, you know, stopped
• 19:51
  Speaker 2: stopped the plan. The same thing happened in his first term.
• 19:56
  Speaker 2: And this was a big issue with Bton that the
• 20:02
  Speaker 2: United States that Dan had asked that the United States
• 20:06
  Speaker 2: not support the Coods, even though the Coods were the
• 20:09
  Speaker 2: u S allies and defeating Isis. Erdigon asked Trump to
• 20:14
  Speaker 2: withdraw US forces so that he could invade Syria and
• 20:18
  Speaker 2: take on the Coods, and Trump, in a phone call
• 20:21
  Speaker 2: that Bolton was on with him, basically agreed, in spite
• 20:25
  Speaker 2: of the fact that this is a US ally he's
• 20:28
  Speaker 2: abandoning for a strong man. Trump has said about Edigon.
• 20:35
  Speaker 1: Is a strong man. Yes, he is. Everything I asked
• 20:38
  Speaker 1: for him for, He's done. Yep.
• 20:41
  Speaker 2: I think the other way around. Everything Dan asked Trump
• 20:45
  Speaker 2: gets done. I don't think Trump's really asked Erdigon for anything.
• 20:52
  Speaker 1: Anyway. It would be very bad. It would be very
• 20:56
  Speaker 1: bad for the US.
• 20:57
  Speaker 2: It would be very bad for whatever Mid East strategy
• 21:00
  Speaker 2: the US plans to have in the future, very bad
• 21:03
  Speaker 2: for Israel, you know, TOOKI. Lately, ministers within the Turkish
• 21:07
  Speaker 2: government have you talking about eradicating the state of Israel,
• 21:11
  Speaker 2: eliminating it, destroying it completely.
• 21:14
  Speaker 1: And yet you know they are going to They're going
• 21:22
  Speaker 1: to give them the most powerful weapon or one of
• 21:25
  Speaker 1: the most powerful weapons in the in the US Arsenal.
• 21:28
  Speaker 1: They're gonna give them a thirty five.
• 21:30
  Speaker 2: They won't give them the same quality of thirty five's
• 21:32
  Speaker 2: the Israelis have because those are improved by the Israelis.
• 21:37
  Speaker 2: But and there's no question you know which one of
• 21:41
  Speaker 2: those is better and who would take whom in a fight.
• 21:44
  Speaker 2: But still, you know, Turki is huge, Israel is small.
• 21:49
  Speaker 1: You know, basically growing the Turkish army and military and
• 21:54
  Speaker 1: air force is really a disaster for the United States,
• 21:58
  Speaker 1: really a disaster for the units h Turk.
• 22:02
  Speaker 2: He does have the law the second largest army in
• 22:08
  Speaker 2: in NATO.
• 22:11
  Speaker 1: Uh. And you know, you know he's the one.
• 22:17
  Speaker 2: Is try to try to be more involved in NATO.
• 22:21
  Speaker 1: But uh.
• 22:24
  Speaker 2: Again, Uh, Europeans don't really want him, they don't consider
• 22:28
  Speaker 2: him a positive influence. Trump keeps pushing him on, you
• 22:32
  Speaker 2: know further, you know for the INTNADO uh. And again
• 22:39
  Speaker 2: Urdugan has got authoritarian tendencies. He's definitely concentrated power in
• 22:42
  Speaker 2: the presidency in spite of the fact that there's a
• 22:46
  Speaker 2: huge opposition in an economy in Turkey's not doing well anyway.
• 22:52
  Speaker 2: Trump is an ally. Trump likes to ally himself. Trumps
• 22:57
  Speaker 2: likes to ally himself.
• 22:59
  Speaker 1: Uh with.
• 23:04
  Speaker 2: Likes to align himself with authoritarians of all kinds, even
• 23:09
  Speaker 2: kind of the slammest kind, the slammist type.
• 23:14
  Speaker 1: Took.
• 23:14
  Speaker 2: He does have decent drones. They sold those drones to
• 23:22
  Speaker 2: Ukraine at the beginning of the war. I don't know
• 23:24
  Speaker 2: if they do today, but they did. They did do
• 23:27
  Speaker 2: it in at the beginning of the war.
• 23:29
  Speaker 1: I took his company design installed equipment a factory in
• 23:32
  Speaker 1: Texas that's now the Pentagon's largest supplier of globally scarce
• 23:37
  Speaker 1: artillery rounds. So they do have They do have military capabilities,
• 23:43
  Speaker 1: manufacturing capabilities, and and some tech capabilities.
• 23:48
  Speaker 2: Anyway, so that'll be big issue number two as as
• 23:55
  Speaker 2: Trump as Trump goes. So we've got Ukraine, We've got tookey.
• 24:00
  Speaker 1: What did I say? The third issue was yes, troops. Uh.
• 24:04
  Speaker 2: For a long time Trump and and and hegseth and
• 24:08
  Speaker 2: advanced I think could be threatening to draw troops from Europe.
• 24:12
  Speaker 2: And there's a big to do about them reducing troops
• 24:15
  Speaker 2: in Germany, and he was fighting with Maloney and about
• 24:20
  Speaker 2: US presidts and in Italy, and then generally there's been
• 24:24
  Speaker 2: there's been a lot of clashes between Trump and NATO
• 24:28
  Speaker 2: about US presence in Europe, but the reality is, the
• 24:38
  Speaker 2: actual reality.
• 24:39
  Speaker 1: Is that there's been very little draw down of troops
• 24:43
  Speaker 1: in Europe.
• 24:44
  Speaker 2: Just like in the first term, where Trump kept talking
• 24:48
  Speaker 2: against NATO, kept saying he's gonna leave NATO, kept saying
• 24:50
  Speaker 2: he's gonna which draw troops, nothing ever happened. The same
• 24:53
  Speaker 2: is happening in the second term so far. Hecsas supposedly
• 24:56
  Speaker 2: had a detailed proposal to significantly reduce troop deployment in
• 25:01
  Speaker 2: Europe that the Pentagon had prepared, and it reached the
• 25:05
  Speaker 2: White House and Trump mixed it. And now there's talk
• 25:10
  Speaker 2: about actually increasing US presence, US troop presence in Poland,
• 25:16
  Speaker 2: as there are intelligence stories coming out saying that the
• 25:19
  Speaker 2: Russians are going to try to do something in Poland
• 25:23
  Speaker 2: to try to test NATO's resilience.
• 25:26
  Speaker 1: You know, poke.
• 25:28
  Speaker 2: I don't know why they would poke Poland, of all people,
• 25:31
  Speaker 2: but to poke Poland.
• 25:32
  Speaker 1: To do something to maybe maybe.
• 25:36
  Speaker 2: A drone attack may maybe some troops crossing the border,
• 25:40
  Speaker 2: not clear what exactly they would do, but that they've
• 25:44
  Speaker 2: been talked about that for the last.
• 25:45
  Speaker 1: Week or so.
• 25:46
  Speaker 2: The US, in response to that is sending troops, American
• 25:51
  Speaker 2: troops into Poland to show support. So, in spite of
• 25:54
  Speaker 2: all the talk about against NATO, Trump is not giving
• 25:59
  Speaker 2: in indication of what drawing for NATO in any practical
• 26:03
  Speaker 2: way or really doing anything substantial to reduce the involvement
• 26:07
  Speaker 2: in NATO.
• 26:08
  Speaker 1: So it's it's typical Trump.
• 26:10
  Speaker 2: A lot of bluster, a lot of talk, a lot
• 26:13
  Speaker 2: of threats, and a lot of closing up to the
• 26:17
  Speaker 2: bad guys, but not actually anything anything dramatic being done.
• 26:22
  Speaker 2: Again with except you know, the exception was he want
• 26:26
  Speaker 2: which seemed like it was going to be a dramatic
• 26:28
  Speaker 2: thing that was done, and then then he completely.
• 26:30
  Speaker 1: Faded on it. He completely failed on it. All right,
• 26:38
  Speaker 1: let's see. So that is that's what I have to
• 26:41
  Speaker 1: say about NATO, the MI NATO meeting.
• 26:45
  Speaker 2: I'll keep track of what happens at the meeting and
• 26:48
  Speaker 2: let you know, let you know if there's anything exciting,
• 26:54
  Speaker 2: positive or negative to come out of it. All right,
• 26:57
  Speaker 2: let's talk a little bit about I mean just the
• 27:04
  Speaker 2: I don't know, the absurdity, just the sue absurdity of
• 27:09
  Speaker 2: the inability of the United States the manufacture ammunitions, can
• 27:13
  Speaker 2: manufacture shells for artillery, they can manufacture patriot missiles or
• 27:19
  Speaker 2: or air ground missiles or any any but particularly ground
• 27:23
  Speaker 2: to air missiles.
• 27:24
  Speaker 1: But also it's ground. Uh.
• 27:26
  Speaker 2: You know, one of the reasons that supposedly that Trump
• 27:29
  Speaker 2: stopped the war is he was running out of ammunition,
• 27:34
  Speaker 2: running out of cruise missiles. Uh, which is stunning. It's
• 27:39
  Speaker 2: simply stunning.
• 27:43
  Speaker 1: And when you dig, when you dig a little bit
• 27:45
  Speaker 1: to find out, you know, what's going on here? What's
• 27:49
  Speaker 1: going on here?
• 27:50
  Speaker 2: Why is it that it takes two years to build
• 27:54
  Speaker 2: a patriot missile instead.
• 27:56
  Speaker 1: Of a week or two weeks. Okay, I'll give them
• 27:59
  Speaker 1: two weeks. Takes two years. It turns out that this
• 28:05
  Speaker 1: all has to do with politics.
• 28:08
  Speaker 2: It has to do with the way the military industrial complex,
• 28:12
  Speaker 2: if you will, has you know, maneuvered Congress. So how
• 28:22
  Speaker 2: do you get a contract with the American government, How
• 28:25
  Speaker 2: do you get a contract to produce military stuff for
• 28:31
  Speaker 2: the government.
• 28:32
  Speaker 1: Well, one thing.
• 28:33
  Speaker 2: They're going to ask, particularly if he has to get
• 28:35
  Speaker 2: Congressional approval is the way you're producing this stuff. And
• 28:43
  Speaker 2: of course, in a House of Representative, if you're producing
• 28:49
  Speaker 2: it in a state that has lots of.
• 28:51
  Speaker 1: People and for lots of votes, it's easier to pass.
• 28:55
  Speaker 2: But in the Senate it doesn't matter. All states are equal,
• 28:58
  Speaker 2: so a lot of states are going to go. You know,
• 29:01
  Speaker 2: if I give the contract to wretheon, my state doesn't
• 29:05
  Speaker 2: benefit at all from that. So I'm not going to
• 29:07
  Speaker 2: give the contract to Ethion. I'm going to vote against that.
• 29:11
  Speaker 2: So what has happened is the big military companies have
• 29:18
  Speaker 2: basically split their operations across many, many many subsidies and
• 29:27
  Speaker 2: many many many subsidiaries to make sure that not only
• 29:32
  Speaker 2: are they in every state, but that they're in most districts.
• 29:39
  Speaker 2: So here's a stunning number. To produce a patriot missile.
• 29:43
  Speaker 2: It takes four hundred companies. Four hundred companies.
• 29:51
  Speaker 1: In other words, the manufacturers and manufacturer weapons systems are.
• 29:54
  Speaker 2: Not optimized for production. They are congressionally optimized.
• 30:04
  Speaker 1: Blake Showles, who has had a post on this.
• 30:07
  Speaker 2: On June ninth on Twitter, Blake shows calls this congressionally
• 30:12
  Speaker 2: optimized supply chain.
• 30:15
  Speaker 1: You're rights America's defense companies spread.
• 30:17
  Speaker 2: Out production between mom and pop shops across the country,
• 30:21
  Speaker 2: with one baby factory in every congressional district so that
• 30:25
  Speaker 2: they can get the votes for their fat programs.
• 30:28
  Speaker 1: This creates costs and delays.
• 30:31
  Speaker 2: For example, an engine component that takes three days across
• 30:36
  Speaker 2: a handful of processes takes nine months to obtain because
• 30:40
  Speaker 2: the pot spends more time on trucks than on machines,
• 30:45
  Speaker 2: wining its way back and forth between baby factories. Blake continues,
• 30:55
  Speaker 2: We call this slack the slacker index. The time required
• 30:59
  Speaker 2: to get part divided by the time required to get it.
• 31:03
  Speaker 1: From the supply chain.
• 31:06
  Speaker 2: As one example, initial welding a turbine shaft takes minutes
• 31:14
  Speaker 2: standard supply base quoted US eighty eight weeks.
• 31:20
  Speaker 1: Eighty eight weeks.
• 31:21
  Speaker 2: For what if they did in house, so take them minutes,
• 31:31
  Speaker 2: he says Sacca index well of one hundred thousand, he
• 31:36
  Speaker 2: says WUS. Many of the supply contracts are based on
• 31:41
  Speaker 2: cost plus contracting, where suppliers.
• 31:44
  Speaker 1: Make a fixed percentage profit on dollar spend.
• 31:47
  Speaker 2: In this model, the only way to increase profits is
• 31:50
  Speaker 2: to drive up costs. Inefficiency and incompetence pays. The remedy
• 31:57
  Speaker 2: is simple build factories to go from materials to complete
• 32:01
  Speaker 2: with products under one roof, with every production process and
• 32:05
  Speaker 2: quality assurance in one place. This shortens lead time from
• 32:10
  Speaker 2: years to weeks and sometimes to days, hours, even minutes.
• 32:18
  Speaker 2: When it takes months or years to do something, it's
• 32:23
  Speaker 2: not possible to iterate. Design must be one shotted, meaning
• 32:28
  Speaker 2: analysis paralysis because because of the cost of rework is
• 32:33
  Speaker 2: so high, right, nobody, nobody is responsible for for and
• 32:38
  Speaker 2: you can't change on the fly. When lead times are short,
• 32:42
  Speaker 2: iteration becomes possible. Speed begets speed, and speed begets improvement.
• 32:50
  Speaker 2: I mean, this is basically the model of you know,
• 32:54
  Speaker 2: the new the new tech companies, the new companies that
• 32:59
  Speaker 2: are that are going into the defense space. They are
• 33:08
  Speaker 2: building factories. They're building it all in house or most
• 33:13
  Speaker 2: in house. I'm sure they stay also some stuff.
• 33:17
  Speaker 1: And they are iterating on the fly.
• 33:21
  Speaker 2: They are making changes as they build. They're using Silicon
• 33:27
  Speaker 2: Valley mentality to build drones and missiles and cruise missiles
• 33:33
  Speaker 2: and stuff. And indeed, they're now a bunch of startups
• 33:36
  Speaker 2: in the United States now who are building things like
• 33:39
  Speaker 2: the next generation cruise muscles. They cost a fraction about
• 33:43
  Speaker 2: the old companies used to make of what is being
• 33:46
  Speaker 2: used right now at much faster, much much much cheaper.
• 33:52
  Speaker 2: And of course Ukraine is producing drones at an unbelievable rate,
• 33:57
  Speaker 2: underbelievable pace, and many of them are drone companies actually
• 34:01
  Speaker 2: in Ukraine testing out their own prototypes, also testing out
• 34:06
  Speaker 2: their own manufacturing facilities and challenging themselves in a real
• 34:11
  Speaker 2: war zone in real time application on the Ukrainian front.
• 34:18
  Speaker 2: Andro A Palmluky's company is one of those companies that
• 34:22
  Speaker 2: is putting out weapons systems out there that are.
• 34:26
  Speaker 1: You know, let me see. You pull up this story.
• 34:29
  Speaker 1: I saw story there, it is there, you find this
• 34:33
  Speaker 1: it is Yeah.
• 34:35
  Speaker 2: For example, Poland just signed a contract with Andro to
• 34:39
  Speaker 2: set up an assembly line and a production line in
• 34:43
  Speaker 2: Poland of low cost Barrakuda five hundred kus mis cells. Right,
• 34:49
  Speaker 2: it's a kuzmoso that has a range of seven hundred
• 34:51
  Speaker 2: kilometers if it's launched from the land, but it's going
• 34:54
  Speaker 2: to also be launched from fighter jet then it has
• 34:57
  Speaker 2: a range of nine hundred kilometers.
• 35:00
  Speaker 1: Right.
• 35:01
  Speaker 2: And these Barracudahs are significantly cheaper than the kusmostyles currently
• 35:10
  Speaker 2: used though you know, they cost less than a tenth
• 35:13
  Speaker 2: of a tomahawk right less than a tenth and they
• 35:18
  Speaker 2: can be assembled quick and easy on an assembly line.
• 35:24
  Speaker 1: So this is the future.
• 35:25
  Speaker 2: The future is to move away from the old style
• 35:31
  Speaker 2: politicized manufacturers who have dominated the military industry complex for
• 35:38
  Speaker 2: the last you know, sixty seventy years since we'll do
• 35:42
  Speaker 2: two really, and moved towards competitive fast moving to chechnology
• 35:51
  Speaker 2: driven Silicon Valley inspired startups that can really start changing
• 35:59
  Speaker 2: the way.
• 36:00
  Speaker 1: Ah, this is all done, so uh you know that
• 36:04
  Speaker 1: that's where we're heading. All right, excuse that, hi, uh.
• 36:17
  Speaker 2: FIFA, this is this is one of those pretty amazing stories. Uh.
• 36:23
  Speaker 2: So in in uh the US is a previous game.
• 36:27
  Speaker 2: Uh it's star player Flowing bullet Gun was handed a
• 36:35
  Speaker 2: red card. Now red card is is a double whammy.
• 36:39
  Speaker 1: Not only do you have to leave the game and
• 36:42
  Speaker 1: therefore your team is only playing with ten players against
• 36:45
  Speaker 1: eleven on the other side, but also you get a
• 36:49
  Speaker 1: one man, one game ban in the knockout stage. That means,
• 36:53
  Speaker 1: you know, he couldn't play.
• 36:55
  Speaker 2: In the in the round of sixteen, which is tonight. Now,
• 37:01
  Speaker 2: there was some question about the legitimacy of that red card.
• 37:04
  Speaker 2: It seemed like not that big of a of a
• 37:07
  Speaker 2: of a you know, a foul that he committed and
• 37:10
  Speaker 2: didn't really justify a red card versus a yellow card.
• 37:13
  Speaker 2: And there was a lot of there was a lot
• 37:15
  Speaker 2: of back and forth around this, and and the US
• 37:18
  Speaker 2: suddenly had every reason to appeal after the fact and
• 37:22
  Speaker 2: to try to get it reversed at least try to
• 37:24
  Speaker 2: get him to be able to play in the game tonight.
• 37:28
  Speaker 1: Uh.
• 37:29
  Speaker 2: And that is indeed I think what happened. But but
• 37:33
  Speaker 2: this is what got added to all of this.
• 37:38
  Speaker 1: After the game, after the US Bosnia game, which the
• 37:40
  Speaker 1: US one in spite of only having ten players for
• 37:43
  Speaker 1: part of the game, the US team officials let Trump
• 37:47
  Speaker 1: know about the red card that night. You know, Trump
• 37:54
  Speaker 1: basically appointed Lutnik to see what could be done, and
• 38:01
  Speaker 1: Lutnik and US soccer officials began activating, you know, activating
• 38:06
  Speaker 1: different plans to challenge the red card. That kicked off
• 38:11
  Speaker 1: four days of coordinated lobby, legal maneuvering, and diplomacy whatever
• 38:19
  Speaker 1: the hell that means. Uh, that stretched from the Oval
• 38:23
  Speaker 1: office all the way to Zurich, where FIFA is based.
• 38:27
  Speaker 1: And then and then right on Thursday, Trump actually called
• 38:36
  Speaker 1: up they had a FIFA.
• 38:40
  Speaker 2: You know uh uh, you know, they've they've known each
• 38:42
  Speaker 2: other for a long time, and he called him up
• 38:43
  Speaker 2: if you didn't FI forgive like Trump a World Peace
• 38:47
  Speaker 2: Prize or something like that, and made a personal appeal,
• 38:52
  Speaker 2: let's have the red card decision rescinded.
• 38:59
  Speaker 1: So Trump himself got involved.
• 39:05
  Speaker 2: Now FIFA, now, earlier today, I guess it was today
• 39:09
  Speaker 2: or last night, FIFA announced that indeed the one game
• 39:14
  Speaker 2: ban one match ban was rescinded and he will will
• 39:19
  Speaker 2: be able to play tonight.
• 39:22
  Speaker 1: In tonight's game.
• 39:23
  Speaker 2: Now, FIFA claims that this was made completely but an
• 39:26
  Speaker 2: independent discipline committee and had nothing to do with Trump's
• 39:29
  Speaker 2: lobby and Trump have I mean called.
• 39:31
  Speaker 1: They had a FIFA again, you know, Lutnik.
• 39:45
  Speaker 2: Commerce secretary offered to make a White House attorneys available
• 39:48
  Speaker 2: to assist the the US soccer.
• 39:52
  Speaker 1: Team legal team. This was very political, very much politicized,
• 40:00
  Speaker 1: and maybe there was some money involved in the background
• 40:05
  Speaker 1: with some people who support FIFA. Anyway, FIFA is notoriously corrupt.
• 40:09
  Speaker 1: It's why the previous World Cup was in uh Kata
• 40:14
  Speaker 1: and the next World Cup is probably going to be
• 40:15
  Speaker 1: in Saudi Arabia. I think it's Saudi Arabia. Somebody told
• 40:17
  Speaker 1: these Saudi Arabia. Uh. And in the end, the United
• 40:23
  Speaker 1: States got what it wanted, right.
• 40:25
  Speaker 2: So last night, I guess it was the one man
• 40:28
  Speaker 2: suspent one mats suspension has been suspended. Now, No, the
• 40:36
  Speaker 2: Belgiums are furious, unbelievably furious. Like I mean, nobody else's
• 40:45
  Speaker 2: red card has been suspended. Only Americans, and Trump called
• 40:49
  Speaker 2: they had a FIFA to get this done.
• 40:54
  Speaker 1: Uh.
• 40:55
  Speaker 2: Trump today is when asked about this, says, all I
• 40:58
  Speaker 2: did was ask for review because I didn't think it
• 41:02
  Speaker 2: was a foul. I mean, look, this is the president
• 41:04
  Speaker 2: of the United States. He's a world class expert on soccer.
• 41:08
  Speaker 2: This is a game he's grown up playing and he
• 41:11
  Speaker 2: was a I think he didn't he he lad.
• 41:13
  Speaker 1: A World Cup championship something. I mean anyway, I mean
• 41:23
  Speaker 1: he knows the stuff, right. All I did was ask
• 41:25
  Speaker 1: for a review because I didn't think it was a foul.
• 41:27
  Speaker 1: And you know, again, I'm good at this stuff, what stuff,
• 41:30
  Speaker 1: knowing if it's a foul or not, or putting pressure
• 41:33
  Speaker 1: on people to do what he wants.
• 41:34
  Speaker 2: I didn't think it was a foul. I thought it
• 41:37
  Speaker 2: was two great athletes that crashed into each other.
• 41:40
  Speaker 1: And got entangled.
• 41:42
  Speaker 2: I think they made a really brilliant decision. This is
• 41:45
  Speaker 2: them allowing him to play. I think the referees call
• 41:49
  Speaker 2: was horrible. Nobody talks about that. They talk about the
• 41:51
  Speaker 2: red card like it's fine. Nobody talks about the referees
• 41:54
  Speaker 2: decision to red card. I mean, this is not a
• 41:57
  Speaker 2: political issue. Politician not be involved. I mean, he has
• 42:08
  Speaker 2: the I don't know what to call it even And
• 42:11
  Speaker 2: you know, again, I'm good at the stuff, good at fouls,
• 42:14
  Speaker 2: good at determining what a foul is in soccer. Now
• 42:18
  Speaker 2: it's it's it's it's possible that they would have ascended
• 42:22
  Speaker 2: the suspension anyway.
• 42:23
  Speaker 1: It is a questionable foul.
• 42:25
  Speaker 2: I mean it was a foul for sure, but whether
• 42:27
  Speaker 2: they deserve the right card is suspect.
• 42:30
  Speaker 1: But it's not Trump's job.
• 42:35
  Speaker 2: All this does is it taints the whole process. It
• 42:41
  Speaker 2: makes it look like FIFA is bought right. And he said, look,
• 42:49
  Speaker 2: Trump said today, he said, look now if and people
• 42:54
  Speaker 2: who are putting this wrong the miss I mean, he's
• 42:57
  Speaker 2: awful enough without having to misrepresent what he actually says.
• 43:02
  Speaker 2: He basically said, look, now, with our best player in
• 43:05
  Speaker 2: the game, if they beat us, then they can be
• 43:08
  Speaker 2: proud of it.
• 43:09
  Speaker 1: But if if he hadn't been in the game.
• 43:13
  Speaker 2: And they've beaten us, then I would have said it
• 43:19
  Speaker 2: was rigged, like the election in twenty twenty, which he
• 43:25
  Speaker 2: somehow sneaks into every conversation. So God, it is now
• 43:35
  Speaker 2: American values.
• 43:36
  Speaker 1: It is now America first to use political poll even
• 43:41
  Speaker 1: to win in sports, even even to win in sports.
• 43:47
  Speaker 1: By the way, fans is just appealed to FIFA the
• 43:50
  Speaker 1: request and to request. Michael Allays says yellow card against
• 43:54
  Speaker 1: Paraguay is rescinded. England is appealed to FIFA to have
• 44:01
  Speaker 1: the rit card that it's player yesterday received rescinded. Everybody's
• 44:06
  Speaker 1: gonna appeal and they're gonna make it into.
• 44:08
  Speaker 2: Into a political issue. They're gonna they're gonna have their
• 44:12
  Speaker 2: prime minister's call. You know, they're gonna have I don't
• 44:15
  Speaker 2: know the people, maybe the people who are who support FIFA.
• 44:20
  Speaker 1: I don't know who supports people.
• 44:21
  Speaker 2: Financially, but I mean the Swiss are playing soon and
• 44:25
  Speaker 2: FIFA is in Geneva.
• 44:26
  Speaker 1: They have some sway.
• 44:28
  Speaker 2: It just makes it makes a mockery of the whole process.
• 44:32
  Speaker 2: It's spoiling a beautiful World Cup and the US World
• 44:40
  Speaker 2: Cup team and their lawyers could have done a fine
• 44:43
  Speaker 2: job appealing this. They don't need President Trump, you know,
• 44:50
  Speaker 2: to get in the middle of this, but he did anyone.
• 44:56
  Speaker 2: And you know, at some point, I think the Belgian
• 44:59
  Speaker 2: team was saying, we're not going to even play in protest.
• 45:02
  Speaker 2: I don't think that will happen. I think they'll play.
• 45:06
  Speaker 2: I'm gonna watch the game tonight. But it is disgusting.
• 45:09
  Speaker 2: This is your president, president of the Great United States
• 45:12
  Speaker 2: of America, who thinks he has to intervene in in
• 45:17
  Speaker 2: red cards in soccer, doesn't have anything else to do.
• 45:22
  Speaker 2: It's pathetic, pathetic.
• 45:26
  Speaker 1: All right, Just to remind it, you can ask questions
• 45:28
  Speaker 1: about anything. You can use the super chat to ask
• 45:31
  Speaker 1: the questions. You can support the show with a sticker.
• 45:33
  Speaker 1: Haven't had many stickers today, so we do have goals.
• 45:38
  Speaker 1: This show is made possible through support from listeners like you.
• 45:43
  Speaker 1: All Right. We talked a little bit about talking a
• 45:46
  Speaker 1: lot over there last year and a half about Trump's
• 45:49
  Speaker 1: corruption and all of that, But more and more data
• 45:52
  Speaker 1: is coming out. But the nature of the corruption, the
• 45:54
  Speaker 1: inside of trading, the massive crypto crypto gains that the
• 46:02
  Speaker 1: Trump has achieved over the last year. I mean, he's
• 46:04
  Speaker 1: a he's a brilliant, brilliant crypto investor. Indeed, you know,
• 46:09
  Speaker 1: he has made more money in crypto Trump has than
• 46:13
  Speaker 1: any of the major crypto companies out there. You know,
• 46:17
  Speaker 1: he's just he's just.
• 46:17
  Speaker 2: That good with with this as he made you know,
• 46:24
  Speaker 2: over a billion dollars. Uh, with his meme coins and
• 46:27
  Speaker 2: other other things like that.
• 46:30
  Speaker 1: Uh. It turns out that a lot of people lost money.
• 46:33
  Speaker 2: A lot of people invested in his Trump Media company,
• 46:37
  Speaker 2: the company that owns twoth Social, assuming that this is
• 46:43
  Speaker 2: a Trump venture and it was going to do well,
• 46:45
  Speaker 2: and the price shut up, and of course Trump got
• 46:48
  Speaker 2: out of it in time, sold his steak or big
• 46:52
  Speaker 2: steak in time.
• 46:53
  Speaker 1: Uh. But uh, and then it was the mean comb,
• 46:57
  Speaker 1: his meme comb is millennia wean coins and other benches.
• 47:02
  Speaker 2: And it now turns out that abound a million people,
• 47:04
  Speaker 2: a million people around the country lost three point eight
• 47:08
  Speaker 2: billion dollars. And I've seen actually numbers as high as
• 47:13
  Speaker 2: seven billion dollars. A million people have lost three point
• 47:16
  Speaker 2: eight billion dollars after buying the mean coin and the
• 47:22
  Speaker 2: and his spack. You remember, there was a a spack
• 47:26
  Speaker 2: that bought the Trump Media Company h and you know,
• 47:33
  Speaker 2: nine hundred and eighty eight, nine hundred and five accounts
• 47:36
  Speaker 2: lost money on the mean coin. As of the end
• 47:38
  Speaker 2: of June, two out of three Trump buyers lost money.
• 47:43
  Speaker 2: Trump made a lot of money, hundreds of millions of dollars,
• 47:48
  Speaker 2: hundreds of millions of dollars.
• 47:55
  Speaker 1: And think about it, this is his biggest fans. These
• 47:59
  Speaker 1: are his people, and he has.
• 48:01
  Speaker 2: No problem just milking them for money, milking them for money.
• 48:11
  Speaker 1: Yeah.
• 48:15
  Speaker 2: So it's total haul from all those different business ventures
• 48:20
  Speaker 2: was two point two billion. He walked away with six
• 48:23
  Speaker 2: This is just in twenty five, not counting twenty twenty six,
• 48:27
  Speaker 2: six hundred and thirty six million dollars just out of
• 48:30
  Speaker 2: his crypto. This one crypto, the world Liberty financial crypto
• 48:35
  Speaker 2: stuff and yep, one million Americans down three point eight
• 48:43
  Speaker 2: one billion dollars. The coin, by the way, which was
• 48:48
  Speaker 2: trading at one point seven six dollars on Friday, is
• 48:51
  Speaker 2: down ninety seven percent.
• 48:53
  Speaker 1: From its peak, ninety seven percent from its peak.
• 48:58
  Speaker 2: And you know, these are Trump voters who invested a
• 49:02
  Speaker 2: lot of money in this. I mean, it's sos them, right,
• 49:06
  Speaker 2: I mean, there's a sense in which you're happy they lost,
• 49:13
  Speaker 2: you know. One of his investors said this, he is
• 49:16
  Speaker 2: leveraging the power of being president to launch currencies when
• 49:20
  Speaker 2: he seems trustworthy in the public eye.
• 49:22
  Speaker 1: It is kind of incredible. It is almost a legal scam.
• 49:27
  Speaker 2: Yeah, it's exactly a legal scam.
• 49:30
  Speaker 1: I don't know why. Almost.
• 49:32
  Speaker 2: And yes, he's leveraging the fact that he has law
• 49:35
  Speaker 2: of supporters. He's leveraging the fact that he's president therefore
• 49:39
  Speaker 2: should have influenced in these kind of things. And yeah,
• 49:48
  Speaker 2: when the meme came out in January twenty twenty five,
• 49:52
  Speaker 2: this is what he posted. My new official Trump meme
• 49:55
  Speaker 2: is here. It's time to celebrate everything we stand for
• 49:58
  Speaker 2: for winning my very special Trump community. To get your
• 50:02
  Speaker 2: your dollar Trump. That's the that's the name of the coin.
• 50:07
  Speaker 2: Now go to get Trump Memes dot com.
• 50:10
  Speaker 1: Have fun. Yeah they did.
• 50:13
  Speaker 2: They had fun losing a lot of money, losing a
• 50:17
  Speaker 2: lot of money. So uh yeah, anybody who got in
• 50:23
  Speaker 2: very early and got out in time made a lot
• 50:26
  Speaker 2: of money and a lot of people lost a lot
• 50:30
  Speaker 2: of money. So I'll president speculating and kind of scamming
• 50:42
  Speaker 2: his own people. So I don't feel that bad because
• 50:46
  Speaker 2: they get what they paid for what they voted for,
• 50:48
  Speaker 2: they get.
• 50:48
  Speaker 1: They get what in many respects they deserve.
• 50:54
  Speaker 2: All Right, there was you know, there's a lot of
• 50:56
  Speaker 2: talk about the government taking stakes in AI commpanies. There's
• 51:00
  Speaker 2: a lot of talk coming out of Bernie Sanders, who
• 51:03
  Speaker 2: wants to take fifty percent steak in AI companies, to
• 51:06
  Speaker 2: talk about the from President Trump who said he would
• 51:10
  Speaker 2: like ten percent of AI companies. Supposedly, Open AI has
• 51:16
  Speaker 2: proposed a hand over to the United States a five
• 51:19
  Speaker 2: percent equity stake. So they're getting ahead of the game
• 51:22
  Speaker 2: open AI by by getting the government on their side.
• 51:25
  Speaker 2: I mean, it's it's very convenient right to get to
• 51:29
  Speaker 2: get the government on your side. If you're in a
• 51:31
  Speaker 2: competitive industry, and Trump is very favorable towards US, it
• 51:36
  Speaker 2: wouldn't be surprised. We know he's taking steak in Intel,
• 51:39
  Speaker 2: in many earth material companies. He took a steak in
• 51:43
  Speaker 2: US steel and in Intel and more to come, more
• 51:47
  Speaker 2: to come. He is, you know, in that sense, more
• 51:53
  Speaker 2: socialist than many of the Democrats.
• 51:59
  Speaker 1: And I saw this article which I found interesting.
• 52:03
  Speaker 2: It's an article issued by Our Street, which is like
• 52:09
  Speaker 2: a think tank, I think tank in Washington, DC, and
• 52:14
  Speaker 2: It's written by a guy named Mark Dolton, who I've
• 52:17
  Speaker 2: never heard of, and he basically, he basically has an analysis.
• 52:25
  Speaker 1: For why this is. I'm just reading from this article.
• 52:28
  Speaker 2: A recent au Street analysis laid out a definitive case,
• 52:32
  Speaker 2: definitive for why any form of government control over AI
• 52:36
  Speaker 2: would represent a fundamental threat to American innovation, competitiveness, and
• 52:41
  Speaker 2: freedom of expression, regardless of whether the approach with hard
• 52:45
  Speaker 2: nationalization i e.
• 52:47
  Speaker 1: Bernie Sanders are soft equity arrangements. Due to the increasing
• 52:52
  Speaker 1: prevalence of dialogue between the US government taking equity in
• 52:56
  Speaker 1: private companies, it is important to understand that this is
• 52:59
  Speaker 1: a well documented history that accompanies these efforts with a
• 53:04
  Speaker 1: consistent outcome. Here's the important centers, and this shouldn't surprise
• 53:11
  Speaker 1: I think listeners to yourn books show but it's always
• 53:13
  Speaker 1: good to get reinforcement from people we don't know, right,
• 53:16
  Speaker 1: It's always good to get reinforcement.
• 53:18
  Speaker 2: Government ownership of transformative technology companies reliably producers. Stagnation, cronyism,
• 53:28
  Speaker 2: and competitive decline.
• 53:30
  Speaker 1: That's all.
• 53:31
  Speaker 2: Stagnation, conyism, and competitive decline, none of which are acceptable
• 53:35
  Speaker 2: when it comes to AI development. He goes on the
• 53:41
  Speaker 2: main mechanism discuss surrounding proposals for AI companies is the
• 53:46
  Speaker 2: partial equity stake, known as the golden shape. It is
• 53:51
  Speaker 2: proposed as a middle path between full nationalization and genuine
• 53:54
  Speaker 2: market independence.
• 53:56
  Speaker 1: The stargrect code could not be more clear.
• 53:59
  Speaker 2: Even minority ownership, when paired with political influence over business decisions,
• 54:04
  Speaker 2: functions as a powerful control mechanism. Regardless of the equity percentage,
• 54:10
  Speaker 2: doesn't matter if it's fifty percent of five percent. Governments
• 54:16
  Speaker 2: with golden shares are not passive observers. They constantly intervene,
• 54:23
  Speaker 2: and in doing so elevate political calculation above commercial and
• 54:27
  Speaker 2: technological judgment. The start Go reco shows the signation coroneism
• 54:35
  Speaker 2: and competitive decline of the rule rather than the patent exception.
• 54:41
  Speaker 1: And he goes on.
• 54:42
  Speaker 2: He gives a couple of case studies which are worth
• 54:45
  Speaker 2: looking at. So this is You can go to austree
• 54:47
  Speaker 2: dot org to find this, and he says, with AI,
• 54:51
  Speaker 2: it's worth.
• 54:58
  Speaker 1: He writes about AI. The dimension of AI that makes
• 55:01
  Speaker 1: nationalization proposals more dangerous than the historical precedence discussed above
• 55:07
  Speaker 1: is the nature of the technology itself. Right. AI is
• 55:13
  Speaker 1: an information technology.
• 55:15
  Speaker 2: Its outputs are not tangible products like fiber connectivity, aircraft automobiles. Instead,
• 55:21
  Speaker 2: it produces the text, assessments, and recommendations that people increasingly
• 55:28
  Speaker 2: rely upon to form beliefs and make decisions. When the
• 55:32
  Speaker 2: government holds a golden share in an AI company and
• 55:36
  Speaker 2: leverages the influence they historically have provided, it shapes the
• 55:40
  Speaker 2: contours of public knowledge itself.
• 55:45
  Speaker 1: In other words, it's an issue of free speech on
• 55:47
  Speaker 1: top of an issue of.
• 55:51
  Speaker 2: You know, business and technology and freedom and all of that.
• 55:56
  Speaker 1: Says.
• 55:56
  Speaker 2: The history of government control over information and communications technologies
• 56:00
  Speaker 2: such as radio licensing, broadcast regulation, and managed telecommunication monopolies
• 56:05
  Speaker 2: of the twentieth century is a bipartisan chronicle of censorship,
• 56:09
  Speaker 2: draw boning, and the subordination of editorial independence.
• 56:13
  Speaker 1: The government preference golden shares and.
• 56:17
  Speaker 2: AI companies would create the same arrangement for that historical
• 56:21
  Speaker 2: interference to repeat at a scale and speed that was
• 56:24
  Speaker 2: simply impossible with early information technologies. So this is huge.
• 56:32
  Speaker 2: I think this is a really really important story. I
• 56:36
  Speaker 2: really like this report by aus Street. I'm gonna check
• 56:39
  Speaker 2: out other stuff that they have, and yeah, this is
• 56:44
  Speaker 2: something that has to be fought, has to be fought,
• 56:48
  Speaker 2: and so it is stunning to me that there are
• 56:55
  Speaker 2: people out there who consider themselves a no capitalist or
• 56:59
  Speaker 2: even objectivist, who could support a president who wants to
• 57:02
  Speaker 2: take ten percent stake in all AI companies or any companies.
• 57:14
  Speaker 1: Some of these people even call him the greatest president ever.
• 57:18
  Speaker 1: Just bizarre, bizarre. Uh, Trump won't read it? Who cares? Trump? Trump?
• 57:25
  Speaker 1: Trump won't read it? All right, let's see what do
• 57:30
  Speaker 1: I have here? All right? Then? I don't need and
• 57:34
  Speaker 1: I don't need. I don't need and I don't need. Okay, weird, Okay,
• 57:47
  Speaker 1: this is a here's a media bias story. And in
• 57:53
  Speaker 1: this case, most of the.
• 57:55
  Speaker 2: Media biased stories we cover our leftist media bias. But
• 57:59
  Speaker 2: this is such an egregious right wing media by a
• 58:02
  Speaker 2: story that it's just it just it just struck me
• 58:05
  Speaker 2: as unbelievable. I had to go dig deep.
• 58:08
  Speaker 1: And figure this out, figure all this out, and so
• 58:14
  Speaker 1: I thought i'd share this with you, because when I
• 58:16
  Speaker 1: saw it, I was like, what the hell? Oops? What
• 58:21
  Speaker 1: am I doing? On a second, here's the headline. This is.
• 58:29
  Speaker 1: This is on the New York Post. The New York Post.
• 58:33
  Speaker 2: Biden's illegal immigration surge triggered thirty percent rise in home
• 58:38
  Speaker 2: prices and twenty percent in rents fed paper fines. I go, wow,
• 58:47
  Speaker 2: I mean I get that the immigration, a big shocked immigration.
• 58:52
  Speaker 2: A lot of cup people coming in would raise rents
• 58:55
  Speaker 2: and maybe home prices a little bit, but thirty percent
• 58:59
  Speaker 2: rise home prices and twenty percent in rates.
• 59:01
  Speaker 1: That's huge.
• 59:03
  Speaker 2: And this is a paper from economists at the Federal Reserve.
• 59:08
  Speaker 2: Something is off, Yeah, something is off. These people can't read,
• 59:17
  Speaker 2: or they don't want to read, or more likely they
• 59:21
  Speaker 2: purposefully distort.
• 59:24
  Speaker 1: Right, So.
• 59:28
  Speaker 2: What actually what actually happened? And you, you, by the way,
• 59:32
  Speaker 2: can what I did? I mean, I read the paper,
• 59:35
  Speaker 2: but it's a it's a long paper and it's got
• 59:37
  Speaker 2: a lot of stats and everything. So I asked Chatty
• 59:39
  Speaker 2: pet read and summarize the main finding, and I gave,
• 59:42
  Speaker 2: I gave, I gave it.
• 59:44
  Speaker 1: I gave it to finding. And let me let me
• 59:46
  Speaker 1: find you where the paper deals with the thirty uh them.
• 59:54
  Speaker 2: We'll get to wages and its impact on employment in
• 59:57
  Speaker 2: a minute.
• 59:59
  Speaker 1: All right, here's the finding.
• 1:00:03
  Speaker 2: The massive immigration, and they acknowledge the immigration was massive.
• 1:00:09
  Speaker 2: Here's the numbers to give you a sense of the
• 1:00:11
  Speaker 2: illegal immigrants. Right, they came into the country, some of
• 1:00:13
  Speaker 2: them illegal because they were what do you call it, applying.
• 1:00:17
  Speaker 1: For amnesty for asylum.
• 1:00:21
  Speaker 2: But you know, seven million people came into the United
• 1:00:24
  Speaker 2: States between twenty twenty one and twenty twenty four, one
• 1:00:28
  Speaker 2: point seventy five million per year, which was an increase
• 1:00:31
  Speaker 2: from about one hundred thousand before right in the twenty
• 1:00:36
  Speaker 2: nineteen two thousand that was low because of COVID, but
• 1:00:39
  Speaker 2: still one point seven five million, unprecedented numbers, right came in.
• 1:00:44
  Speaker 1: So yeah, huge shock to the system. And it's a
• 1:00:48
  Speaker 1: few years in a row. So seven million people came in,
• 1:00:51
  Speaker 1: so huge, you know, impact on employment, huge impact on.
• 1:00:58
  Speaker 2: Demand fousing. So here's what it says, the paper's clearest.
• 1:01:07
  Speaker 2: The increase in immigration equal to one percent. Yeah, raised,
• 1:01:16
  Speaker 2: so it increased.
• 1:01:19
  Speaker 1: Well, put that in. It raised local health houseprices by
• 1:01:23
  Speaker 1: about two point two percent and rents by about one
• 1:01:27
  Speaker 1: point four percent. During the boom period.
• 1:01:30
  Speaker 2: The vent de fact was about one point two percent
• 1:01:33
  Speaker 2: for single family units and one point five percent for
• 1:01:36
  Speaker 2: multifamily units.
• 1:01:39
  Speaker 1: So where did they get the thirty and twenty percent?
• 1:01:41
  Speaker 1: I mean, I mean didn't didn't the new Post just
• 1:01:44
  Speaker 1: say that it increased it by thirty percent rise in
• 1:01:48
  Speaker 1: home prices and twenty percent rise in rents. Here's what
• 1:01:52
  Speaker 1: the paper actually said, unauthorized immigration worker flows. They explain
• 1:02:01
  Speaker 1: about thirty percent of home price growth and twenty percent
• 1:02:05
  Speaker 1: of rent growth. So, however, own prices went up during
• 1:02:13
  Speaker 1: the period, thirty percent of that is explained by the immigration,
• 1:02:18
  Speaker 1: increased demand from immigrants. Twenty percent of the growth in
• 1:02:22
  Speaker 1: rents are explained by the growth of immigrants. It's not
• 1:02:27
  Speaker 1: that rents went up twenty percent or that home prices
• 1:02:30
  Speaker 1: went up thirty percent. But a headline saying immigrants drove
• 1:02:36
  Speaker 1: up home prices by two point two percent. This just
• 1:02:39
  Speaker 1: doesn't make the headlines. It's not going to get readership.
• 1:02:44
  Speaker 2: It's not going to shock people and upset people and
• 1:02:47
  Speaker 2: cause people to really be pissed off at immigrants.
• 1:02:50
  Speaker 1: But twenty and thirty percent, ooh, those are big numbers.
• 1:02:54
  Speaker 2: But it's a blatant lie or such ignorance that would
• 1:02:59
  Speaker 2: justify firing whoever wrote that headline.
• 1:03:05
  Speaker 1: It explains thirty percent of the increase. It didn't increase
• 1:03:08
  Speaker 1: by thirty percent. It explains twenty percent of the increase.
• 1:03:11
  Speaker 1: It didn't increase by twenty percent. That's a big difference, people,
• 1:03:15
  Speaker 1: big difference. So bias is every way of guys.
• 1:03:23
  Speaker 2: And when you read something like that and you read
• 1:03:26
  Speaker 2: big numbers and something, you know, God, things don't move
• 1:03:30
  Speaker 2: that quickly.
• 1:03:30
  Speaker 1: It doesn't affect that much. You got to really, you
• 1:03:34
  Speaker 1: gotta really check. In this case, read the paper. Now.
• 1:03:39
  Speaker 2: The papers an interesting paper because they use a really
• 1:03:43
  Speaker 2: detailed data. They look really carefully at a lot of
• 1:03:48
  Speaker 2: different phenomena and here's some of what they find. The
• 1:03:53
  Speaker 2: system was detailed, and it's still a working paper.
• 1:03:55
  Speaker 1: So this is not final. It's still going to go
• 1:03:57
  Speaker 1: through a view. That's another thing.
• 1:03:58
  Speaker 2: It's a working paper, not a five product. They find
• 1:04:03
  Speaker 2: that an increase in unauthorized immigrants workers flows equaled to
• 1:04:07
  Speaker 2: one percent of the initial local employment. So the number
• 1:04:11
  Speaker 2: of people employed, the number of new immigrants coming in
• 1:04:15
  Speaker 2: was a one percent increase in employment.
• 1:04:17
  Speaker 1: That's that's big as a shock, right, as a one
• 1:04:19
  Speaker 1: time thing.
• 1:04:24
  Speaker 2: Raised local employment by about one percent, So it didn't
• 1:04:28
  Speaker 2: cause anybody to be unemployed. Didn't cause anybody to be unemployed.
• 1:04:34
  Speaker 2: It just increased the number of people employed. The number
• 1:04:37
  Speaker 2: of people coming in all got jobs. Nobody lost jobs.
• 1:04:41
  Speaker 2: I mean not to say no specific person got lost jobs.
• 1:04:44
  Speaker 2: Some specific people might have, but there wasn't a significant
• 1:04:48
  Speaker 2: shift in the people already working losing their jobs in
• 1:04:51
  Speaker 2: significant ways. So exactly what I've said forever, it doesn't
• 1:04:56
  Speaker 2: decrease the amount of jobs, it increases the amount of
• 1:04:59
  Speaker 2: jobs available. Employment rose almost one for one with the
• 1:05:04
  Speaker 2: inflow of unauthorized immigrant workers. Total employment growth in the
• 1:05:13
  Speaker 2: areas where they went to. The illegal immigrants explained about
• 1:05:16
  Speaker 2: thirty percent of total employment growth between March of twenty
• 1:05:19
  Speaker 2: twenty one to March of twenty twenty four. Now, wages,
• 1:05:27
  Speaker 2: the data does not show statistically significant wage decline, So
• 1:05:31
  Speaker 2: that's the other aspect of this increased supply. You'd expect
• 1:05:35
  Speaker 2: wages to go down. The estimated wage effect is negative,
• 1:05:39
  Speaker 2: but imprecise. They say they cannot reject hypothesis that wages
• 1:05:43
  Speaker 2: were unaffected. The biggest employment impact was in legion hospitality.
• 1:05:49
  Speaker 2: You'd expect that, but again, wage effects, even on an
• 1:05:54
  Speaker 2: industry basis, were statistically insignificant. I told you what they
• 1:06:02
  Speaker 2: found in housing. One thing was interesting. They found that
• 1:06:05
  Speaker 2: per capita government trends for payments, so welfare actually declined,
• 1:06:13
  Speaker 2: and it's simple white declined because the illegal immigrants were
• 1:06:16
  Speaker 2: not getting any and yet the per capita the number
• 1:06:19
  Speaker 2: of people you're taking the number of welfare payments made
• 1:06:23
  Speaker 2: the total number dividing by the number of people employed.
• 1:06:26
  Speaker 2: The number of people employed has grown, but the number
• 1:06:29
  Speaker 2: of people receiving benefits is the same.
• 1:06:32
  Speaker 1: So per capita, it would drink.
• 1:06:35
  Speaker 2: And this is more proof that immigrants, illegal immigrants don't
• 1:06:38
  Speaker 2: get the kind.
• 1:06:40
  Speaker 1: Of welfare welfare that we talk about.
• 1:06:43
  Speaker 2: So it's an interesting paper. It's very detailed. They look
• 1:06:49
  Speaker 2: at very detailed, you know, numbers. So I thought this
• 1:06:54
  Speaker 2: was interesting because the data they provide, but also because
• 1:06:58
  Speaker 2: of the misinformation lying that the Newer Post and a
• 1:07:12
  Speaker 2: bunch of right wing Twitter people used. Right, it's all
• 1:07:18
  Speaker 2: over the place that that housing prices went up thirty percent.
• 1:07:22
  Speaker 2: I wouldn't be surprised if jd Vance says it at
• 1:07:25
  Speaker 2: some point here in the future.
• 1:07:30
  Speaker 1: Wouldn't be surprised if that was the case. Let's seem
• 1:07:46
  Speaker 1: all right.
• 1:07:51
  Speaker 2: So if you look at the entire values of the
• 1:07:55
  Speaker 2: effect on home prices over all the years, it's about
• 1:07:58
  Speaker 2: sixty six four percent, not thirty percent and twenty percent.
• 1:08:07
  Speaker 1: You're not going to read that in the New York Post.
• 1:08:11
  Speaker 1: So we did that. We did that only have one
• 1:08:17
  Speaker 1: I had one achievement thing. I think that I have
• 1:08:19
  Speaker 1: more than that.
• 1:08:23
  Speaker 2: I just an interesting data point. Do you know that
• 1:08:26
  Speaker 2: when America's founded in the in the century and one
• 1:08:31
  Speaker 2: hundred years before America was founded farm born. You know,
• 1:08:36
  Speaker 2: Americans were forty to fifty percent of Americans were farm born.
• 1:08:41
  Speaker 2: So immigration was very high as as a percentage of
• 1:08:43
  Speaker 2: the population. In seventeen seventy six, it was still way
• 1:08:47
  Speaker 2: above above twenty percent, which is way above way it
• 1:08:50
  Speaker 2: is today. It went down towards the mid century, and
• 1:08:55
  Speaker 2: then went up towards fifteen percent during the later part
• 1:08:59
  Speaker 2: of the nineteenth century, far on board residents of the
• 1:09:04
  Speaker 2: United States, and then it went down after the tightening
• 1:09:09
  Speaker 2: of immigration in the nineteen twenties, and it only started
• 1:09:14
  Speaker 2: going up again in the nineteen late nineteen sixties. And
• 1:09:17
  Speaker 2: it's not back to around fifteen percent, which is what
• 1:09:20
  Speaker 2: it was in the late nineteenth centuries. So it's not
• 1:09:24
  Speaker 2: an extraordinary number given American history.
• 1:09:29
  Speaker 1: I mean, the point a lot of people make when
• 1:09:32
  Speaker 1: you point that.
• 1:09:32
  Speaker 2: Out is yeah, okay, but you know, early on it
• 1:09:37
  Speaker 2: was all Europeans, it was all white people, so it
• 1:09:40
  Speaker 2: was okay except for the blacks that they were importing.
• 1:09:45
  Speaker 1: But it was all white people. So it's okay, all.
• 1:09:48
  Speaker 2: Right, let's see what else did I want to want
• 1:09:51
  Speaker 2: to Yes, I had a had one kind of science.
• 1:09:58
  Speaker 1: This is an energy story geothermal energy. I mean for decade,
• 1:10:03
  Speaker 1: geothermal energy has been kind of a niche.
• 1:10:08
  Speaker 2: And in California and Iceland in a few places where
• 1:10:12
  Speaker 2: there's thermal activity. But there's now a bunch of startups
• 1:10:16
  Speaker 2: that is aiming to expand geothermal into many other areas
• 1:10:21
  Speaker 2: around the world and integrated into the energy system globally.
• 1:10:25
  Speaker 2: It's still going to be a small quantity, but there's
• 1:10:29
  Speaker 2: a lot of potential here. They're using advanced drilling techniques
• 1:10:34
  Speaker 2: from the fracking industry, from oily gas industry.
• 1:10:37
  Speaker 1: To harvest heat beneath the earth to generate power.
• 1:10:40
  Speaker 2: And you can do that in lots of places given
• 1:10:42
  Speaker 2: the depths and kind of the flexibility of drilling technology
• 1:10:47
  Speaker 2: that exists today. A company called Fervo Energy, who's the
• 1:10:51
  Speaker 2: most prominent of these startups, is tapping into a wave
• 1:10:55
  Speaker 2: of invested enthusiasm about the technology. And you know, this
• 1:10:59
  Speaker 2: is a London supposed they should be abundant. Twenty four
• 1:11:02
  Speaker 2: to seven doesn't depend on when the sunshines the.
• 1:11:06
  Speaker 1: Core of the earth is always warm. Hot.
• 1:11:09
  Speaker 2: Geo thermal, you know, is something that's politically supported. The
• 1:11:14
  Speaker 2: Truman administration is actually subsidizing a little bit sadly.
• 1:11:18
  Speaker 1: But there's a potential.
• 1:11:20
  Speaker 2: Real revolution here, particularly led by American startups, by Memerican
• 1:11:24
  Speaker 2: innovators going out there and trying to make money for
• 1:11:27
  Speaker 2: investors doing this. So you know, how big this becomes,
• 1:11:32
  Speaker 2: I don't know, but it does seem like there's a
• 1:11:36
  Speaker 2: lot of energy, a lot of capital, a lot of
• 1:11:39
  Speaker 2: a lot of passion going into geothermal and that, as
• 1:11:45
  Speaker 2: with all really almost all new technologies, the United States
• 1:11:49
  Speaker 2: is kind of leading, leading.
• 1:11:51
  Speaker 1: In going after this. All right, that is the news
• 1:12:00
  Speaker 1: for this. What did I do here? I did something
• 1:12:05
  Speaker 1: they didn't want to. Okay, yeah, I did something again
• 1:12:08
  Speaker 1: they didn't want to.
• 1:12:13
  Speaker 2: That is the news for this Monday, July sixth, where
• 1:12:17
  Speaker 2: Spain beat Portugal one zero, and where the United States
• 1:12:21
  Speaker 2: is going to play Belgium in a couple of hours.
• 1:12:23
  Speaker 2: So this show will be done by then, The show
• 1:12:26
  Speaker 2: will be done. We are in our second hour, so
• 1:12:29
  Speaker 2: it would be good if we reached our second hour goal.
• 1:12:31
  Speaker 1: Two hour goal is five hundred dollars five hundred dollars.
• 1:12:34
  Speaker 1: It's kind of the minimum.
• 1:12:36
  Speaker 2: Two hund and fifteen hours kind of the minimum to.
• 1:12:39
  Speaker 1: Pay for the show.
• 1:12:40
  Speaker 2: So we are wish two hundred and thirty six dollars short,
• 1:12:44
  Speaker 2: but we still have forty five minutes to make it up,
• 1:12:46
  Speaker 2: So consider doing a sticker question supercheat question.
• 1:12:51
  Speaker 1: We'll get to those superchat questions in a minute.
• 1:12:53
  Speaker 2: I want to announce a new project then I'm going
• 1:12:57
  Speaker 2: to ask you to help me fund. To help me fund,
• 1:13:01
  Speaker 2: you can find information about this. I'm gonna put this
• 1:13:05
  Speaker 2: in a post on the chat here, so you can
• 1:13:08
  Speaker 2: find it on my Patreon page Patreon dot com slashw
• 1:13:13
  Speaker 2: slash your on book show slash posts.
• 1:13:16
  Speaker 1: It's in a post.
• 1:13:17
  Speaker 2: And you can find information written out on the post
• 1:13:21
  Speaker 2: in Patreon. And I'm looking to raise fifteen thousand dollars
• 1:13:25
  Speaker 2: and the fifteen thousand dollars are going to be used
• 1:13:27
  Speaker 2: to create three documentary styled interview documentary style of videos in.
• 1:13:36
  Speaker 1: The next few months.
• 1:13:37
  Speaker 2: And these are going to be high quality, heavily produced,
• 1:13:42
  Speaker 2: and heavily marketed videos that we're going to try to
• 1:13:46
  Speaker 2: really get out there and help drive the growth of
• 1:13:49
  Speaker 2: this channel by putting out the really high quality material
• 1:13:54
  Speaker 2: presenting presenting my views on capitalism and objectivism on Western civilization.
• 1:14:00
  Speaker 1: Uh. The the videos.
• 1:14:02
  Speaker 2: Are all going to be done in London, and you know,
• 1:14:05
  Speaker 2: I'm gonna be in Europe this summer, so we're gonna
• 1:14:07
  Speaker 2: do it this summer in London. I've got a production
• 1:14:10
  Speaker 2: team and an experienced production team that is giving me
• 1:14:13
  Speaker 2: a huge discount to shoot it in the streets of London.
• 1:14:17
  Speaker 2: I'm gonna have Nicos there, and Nicos is gonna interview
• 1:14:20
  Speaker 2: me as part of this documentary. But we're gonna do
• 1:14:25
  Speaker 2: it very much. We're gonna go to the London Stock Exchange,
• 1:14:29
  Speaker 2: We're gonna go to the Bank of England, We're gonna
• 1:14:30
  Speaker 2: go to the places that signify capitalism and uh and
• 1:14:35
  Speaker 2: and we're gonna make it into kind of a documentary
• 1:14:37
  Speaker 2: style documentary style thing. We're gonna look at the rise
• 1:14:44
  Speaker 2: of capitalism and Western civilization. London is a great place
• 1:14:47
  Speaker 2: for that. We're gonna look at them all case for
• 1:14:49
  Speaker 2: freedom in individual rights.
• 1:14:50
  Speaker 1: Of course, John Locke who was.
• 1:14:52
  Speaker 2: Writing in London Newton was there. Much of the Enlightenment
• 1:14:57
  Speaker 2: was was really you know, London was a was a
• 1:15:00
  Speaker 2: hub of enlightenment and science during the age of science.
• 1:15:04
  Speaker 2: This is really the most important city I think of
• 1:15:08
  Speaker 2: the Enlightenment, and we're going to cover all that. We'll
• 1:15:12
  Speaker 2: talk a little bit about art's an agriculture and architecture
• 1:15:16
  Speaker 2: and the values that kind of shape civilization. We'll do
• 1:15:20
  Speaker 2: three videos. There'll probably be about forty minutes long. First
• 1:15:25
  Speaker 2: one will be more personal. It'll be about we can
• 1:15:30
  Speaker 2: go to Carl Marx's house. Also, there's the desk in
• 1:15:32
  Speaker 2: the British Museum of where car Marx used to come
• 1:15:38
  Speaker 2: and sit and work, so we can definitely bring in
• 1:15:40
  Speaker 2: marks into this.
• 1:15:43
  Speaker 1: You know.
• 1:15:43
  Speaker 2: The first one will be more of a personal thing,
• 1:15:46
  Speaker 2: my intellectual biography. Uh, we'll look at where I came from,
• 1:15:51
  Speaker 2: what influenced me, and how I got to where I
• 1:15:54
  Speaker 2: am today. Again, this will be interview style. Maybe we'll
• 1:15:58
  Speaker 2: go to where I lived in in London when I
• 1:16:00
  Speaker 2: was a little kid.
• 1:16:01
  Speaker 1: We'll see.
• 1:16:02
  Speaker 2: The second episode will be about capitalism in the city
• 1:16:05
  Speaker 2: of London. The third episode will be about art, culture
• 1:16:08
  Speaker 2: and Western civilization and about kind of the Enlightenment in London,
• 1:16:12
  Speaker 2: and we will talk about that. So, you know, if
• 1:16:16
  Speaker 2: we raised more than fifteen thousand, we'll do more.
• 1:16:21
  Speaker 1: We'll do more.
• 1:16:21
  Speaker 2: Last time I was in London, you know, real Spock
• 1:16:23
  Speaker 2: mentions Joseph Wright of a Derby. Last time I was
• 1:16:25
  Speaker 2: in London, it was a special exhibit of Joseph Wright
• 1:16:28
  Speaker 2: of Derby at the at the.
• 1:16:33
  Speaker 1: What do you call it? At the museum and it
• 1:16:37
  Speaker 1: was spectacular. It was really beautiful.
• 1:16:38
  Speaker 2: It was the first time I'd seen a concentrated effort
• 1:16:41
  Speaker 2: to bring a number of his paintings into one place,
• 1:16:44
  Speaker 2: and it was really beautiful. As I said, Nicos will
• 1:16:47
  Speaker 2: be there to serve as the interviewers. So the money
• 1:16:49
  Speaker 2: basically goes to travel expenses a little bit for Nicos
• 1:16:54
  Speaker 2: and the production team. So again I'll be coming in
• 1:16:59
  Speaker 2: from Spain, so it won't be that far.
• 1:17:03
  Speaker 1: And it is very very doable.
• 1:17:06
  Speaker 2: So if you'd like to support this, please go to
• 1:17:10
  Speaker 2: the Patreon page. Now you don't have to be a
• 1:17:12
  Speaker 2: Patreon member to access this, and you don't have to
• 1:17:14
  Speaker 2: be a Patreon member to.
• 1:17:17
  Speaker 1: Make a contribution. Indeed, the contribution can be made on Stripe,
• 1:17:21
  Speaker 1: using a credit card or through PayPal. Either way you'll
• 1:17:25
  Speaker 1: have links there to how to pay for it.
• 1:17:29
  Speaker 2: If you do one thousand dollars, those of you who
• 1:17:31
  Speaker 2: do one thousand dollars. We've been listed as executive producers.
• 1:17:35
  Speaker 2: They are pokes listed for the different funding levels. We've
• 1:17:38
  Speaker 2: got seventy five to fifty, five hundred and one thousand, again, thousand,
• 1:17:42
  Speaker 2: we'll receive a special executive producer recognition and exclusive private
• 1:17:46
  Speaker 2: online discussion with you on in the Filmmakers. Five hundred
• 1:17:50
  Speaker 2: receive a prominent Associate producer credit. To fifty we'll get
• 1:17:54
  Speaker 2: a producer credit, so you'll be recognized in the documentary.
• 1:17:58
  Speaker 2: And yeah, this this, this should be fun and uh
• 1:18:02
  Speaker 2: and I think this will be really good. Yeah, I
• 1:18:04
  Speaker 2: think I think Nicos is a good interviewer for this.
• 1:18:07
  Speaker 2: And and we'll prep for this and and and and.
• 1:18:11
  Speaker 1: Put some tea together.
• 1:18:12
  Speaker 2: Also, uh, Philip who is producing this, Philip not Agham,
• 1:18:16
  Speaker 2: uh is is an accomplished media producer, has a lot
• 1:18:20
  Speaker 2: of ideas on how to make this really click and
• 1:18:24
  Speaker 2: really be stimulating.
• 1:18:26
  Speaker 1: And he expects like tens of.
• 1:18:29
  Speaker 2: Thousands, if not hundreds of thousands of us for these videos.
• 1:18:32
  Speaker 1: So he's also gonna try to promote this. So that's
• 1:18:36
  Speaker 1: the project.
• 1:18:38
  Speaker 2: I hope there are those among you out there who
• 1:18:41
  Speaker 2: are willing to fund this. This is part of my
• 1:18:43
  Speaker 2: growth plan, part of the some of the things I
• 1:18:46
  Speaker 2: want to do. If this is successful, we'll do more
• 1:18:48
  Speaker 2: things like this if we get a significant a significant
• 1:18:53
  Speaker 2: number of supporters. So please, you know, please consider supporting
• 1:19:01
  Speaker 2: this and supporting it generously. I mean, if you do,
• 1:19:05
  Speaker 2: if those off you can afford to do it. If
• 1:19:06
  Speaker 2: you can do five thousand dollars, that makes it life
• 1:19:08
  Speaker 2: a lot easier. If you can do the all fifteen,
• 1:19:11
  Speaker 2: that'll make it a lot easier. And of course if
• 1:19:14
  Speaker 2: we raise more money, we'll do more more videos. I'm
• 1:19:16
  Speaker 2: going to London for a few days. I can do it.
• 1:19:18
  Speaker 2: I've actually I might be invited to speak at a
• 1:19:22
  Speaker 2: big confidence on philosophy in London also in the mid September,
• 1:19:27
  Speaker 2: so I'd combine it and we could really invest in this,
• 1:19:31
  Speaker 2: maybe even send the filmmakers to that confidence and make
• 1:19:34
  Speaker 2: it part of that.
• 1:19:35
  Speaker 1: So a lot could be done here.
• 1:19:37
  Speaker 2: But you know, while I don't necessarily have to be
• 1:19:39
  Speaker 2: paid by the hour for those hours because it's to
• 1:19:42
  Speaker 2: promote the show, I have to pay the producers and
• 1:19:46
  Speaker 2: I do want to come on my travel expenses, So
• 1:19:49
  Speaker 2: fifteen thousand is what we need. Hopefully they are those
• 1:19:54
  Speaker 2: among you. You can use PayPal you can use Venmo.
• 1:19:57
  Speaker 2: If you click on the PayPal link, it'll give you
• 1:19:58
  Speaker 2: a Venmo option as well. And yeah, so, and you
• 1:20:06
  Speaker 2: can also use just a credit card. You can also
• 1:20:09
  Speaker 2: use Stripe. Stripe will allow you to use just any
• 1:20:13
  Speaker 2: credit card that you want. It's pretty easy, all right.
• 1:20:20
  Speaker 1: Let me just see this looked weird? Yeah, you can
• 1:20:24
  Speaker 1: change them.
• 1:20:25
  Speaker 2: Out, all right, So please consider supporting it. I'll keep
• 1:20:28
  Speaker 2: promoting it over the show. We'll see how quickly we
• 1:20:30
  Speaker 2: can get to the fifteen thousand or more. Your support
• 1:20:34
  Speaker 2: will be greatly appreciated. Those of you who are on Patreon,
• 1:20:36
  Speaker 2: we'll also get an email with this. There'll also be
• 1:20:39
  Speaker 2: a page on my website soon that'll have all this
• 1:20:41
  Speaker 2: information as well. Fifteen one five fifteen not fifteen fifty
• 1:20:46
  Speaker 2: would be nice, but fifteen it's pretty cheap.
• 1:20:51
  Speaker 1: You know.
• 1:20:52
  Speaker 2: I'm getting a really really really big discount from the producers,
• 1:20:55
  Speaker 2: from the producer, So fifteen thousand. All right, thank you
• 1:21:00
  Speaker 2: guys for considering that. I'll remind you the Iran Institute
• 1:21:04
  Speaker 2: is a sponsor of the One Book Show. You can
• 1:21:10
  Speaker 2: sign up for AARI Live classes and AOI Live. I'm
• 1:21:15
  Speaker 2: My class starts tomorrow. It's on globalization of trade. I
• 1:21:18
  Speaker 2: think it'll be a lot of fun. Oh yeah, so
• 1:21:23
  Speaker 2: that's you can find information and then get a ten
• 1:21:26
  Speaker 2: percent discount. A ten percent discount is twenty six ybs
• 1:21:29
  Speaker 2: ten that's a discount code and you can go to
• 1:21:32
  Speaker 2: Iran dot slash ybs. Also, Alex Epstein is the number
• 1:21:37
  Speaker 2: one authority in the world out there on all things,
• 1:21:41
  Speaker 2: all things energy energy related.
• 1:21:44
  Speaker 1: He has talking.
• 1:21:45
  Speaker 2: Points that politicians use to make their points about these things.
• 1:21:50
  Speaker 1: But you can use too on your family members, on
• 1:21:53
  Speaker 1: your family members, and let's see. Uh and.
• 1:22:04
  Speaker 2: Yeah, so you can get talking points and you can
• 1:22:06
  Speaker 2: get info you wouldn't get otherwise. And finally, Defenders of
• 1:22:10
  Speaker 2: Capitalism dot com. Defenders of Capitalism dot com. Sign up
• 1:22:12
  Speaker 2: for the email list. Uh.
• 1:22:15
  Speaker 1: Check out LPR. If you live anyway, you can fly
• 1:22:18
  Speaker 1: in for LPR.
• 1:22:18
  Speaker 2: If you're interested in becoming more of an activist and
• 1:22:21
  Speaker 2: getting engaged politically or so culturally. LPR is a fantastic program,
• 1:22:27
  Speaker 2: leadership program in the rockies. You can probably you can
• 1:22:29
  Speaker 2: find information about it on Defenders of Capitalism. It's where
• 1:22:33
  Speaker 2: Defenders of Capitalism is being implemented, and I am part
• 1:22:37
  Speaker 2: of that implementation.
• 1:22:38
  Speaker 1: So check it out.
• 1:22:41
  Speaker 2: Oh, ocon by the way, on twenty twenty seven is
• 1:22:44
  Speaker 2: fifty percent discount right now. If you sign up today.
• 1:22:46
  Speaker 2: It ends today, So you got to sign up today,
• 1:22:50
  Speaker 2: but you get a fifty percent discount and you can
• 1:22:52
  Speaker 2: get all your money back if you change your mind.
• 1:22:54
  Speaker 1: I think by moch orypo So it's a no risk
• 1:22:59
  Speaker 1: if you even think that you.
• 1:23:00
  Speaker 2: Might have a chance of going next year, sign up
• 1:23:04
  Speaker 2: today and get a fifty percent discount. All right, Oh,
• 1:23:09
  Speaker 2: good news, And this is really good news. I don't know,
• 1:23:15
  Speaker 2: it hasn't been finalized instead of the timing, but the
• 1:23:18
  Speaker 2: Peterson Academy has approached me again to do two new courses.
• 1:23:22
  Speaker 1: And what's exciting about this other courses.
• 1:23:24
  Speaker 2: So the first one is on venture capital and private equity,
• 1:23:27
  Speaker 2: So I'll do an eight hour course in venture capital
• 1:23:29
  Speaker 2: and private equity.
• 1:23:30
  Speaker 1: That'll be fun.
• 1:23:32
  Speaker 2: But the second course they want me to do eight
• 1:23:34
  Speaker 2: hours is eight hours on iron Rand. So I'm going
• 1:23:37
  Speaker 2: to be delivering for the Peterson Academy for all those,
• 1:23:41
  Speaker 2: you know, people who don't know much about Ironman, a
• 1:23:45
  Speaker 2: course eight hour course on Ironran.
• 1:23:46
  Speaker 1: I mean, this is massive. It's a huge opportunity to
• 1:23:49
  Speaker 1: introduce new people to the two her ideas, people who
• 1:23:55
  Speaker 1: have never encountered these ideas, a lot of people who've
• 1:23:58
  Speaker 1: never read her books, and to delve deep into them
• 1:24:01
  Speaker 1: over eight hours. So we'll cover metaphysics and a pistemology,
• 1:24:05
  Speaker 1: and ethics and maybe a little aesthetics and so capitalism,
• 1:24:08
  Speaker 1: and we'll talk about her novels and her life. And
• 1:24:11
  Speaker 1: I'm super excited about this. If those of you who
• 1:24:15
  Speaker 1: live in Arizona who would like to come to the filming,
• 1:24:20
  Speaker 1: I know you've done this in the past. The filming
• 1:24:24
  Speaker 1: we're looking at late July.
• 1:24:25
  Speaker 2: So I mean, I've got two weeks to prepare all this,
• 1:24:28
  Speaker 2: which is kind of crazy and insane and suicidal, but
• 1:24:32
  Speaker 2: it's the reality.
• 1:24:32
  Speaker 1: So we've got two weeks to prepare this. But if
• 1:24:35
  Speaker 1: you're interested, I will at some.
• 1:24:37
  Speaker 2: Point here I'll have a link for where you can
• 1:24:39
  Speaker 2: register to do it, but plan on that maybe last weekend.
• 1:24:43
  Speaker 2: Part of this will be shot on Saturday and Sunday,
• 1:24:46
  Speaker 2: so to be Friday, Saturday, Sunday, Monday, and sign up up.
• 1:24:52
  Speaker 2: The Peterson Academy is still around. It's actually doing very well.
• 1:24:56
  Speaker 2: It's the new courses announced every week, a lot of
• 1:25:00
  Speaker 2: a lot of high quality I think material is going
• 1:25:02
  Speaker 2: up there. Some of it I don't like, but a
• 1:25:04
  Speaker 2: lot of it is high quality, uh, and a lot
• 1:25:06
  Speaker 2: of students. So there's a lot of a lot of
• 1:25:10
  Speaker 2: stuff happening that they're trying to get accredited.
• 1:25:12
  Speaker 1: They're making it more interactive.
• 1:25:15
  Speaker 2: So yeah, Peterson Academy is definitely out there. Peterson Jordan
• 1:25:20
  Speaker 2: Peterson is not active.
• 1:25:21
  Speaker 1: He's he's ill. But the academy is is doing I think,
• 1:25:26
  Speaker 1: doing very well and uh, launching new courses all the time,
• 1:25:33
  Speaker 1: all the time. All right, Uh, let's see. So that
• 1:25:43
  Speaker 1: was the good news. As I said, I might be
• 1:25:46
  Speaker 1: doing this conference in London. I'm not sure what I'll
• 1:25:51
  Speaker 1: be debating, but one of the topics might be democracy.
• 1:25:55
  Speaker 1: We'll see if I they haven't finalized the decision if
• 1:25:57
  Speaker 1: they're going to have me or not, but I'm hoping
• 1:25:59
  Speaker 1: it'll be pot all right.
• 1:26:02
  Speaker 2: I was still short of the five hundred dollar goal, guys,
• 1:26:04
  Speaker 2: and so don't don't forget that. You can still ask questions.
• 1:26:10
  Speaker 2: We've still got an hour and a half before the game,
• 1:26:12
  Speaker 2: so we got plenty of time. But let's jump in
• 1:26:14
  Speaker 2: with Hopper Campbell's fifty dollars two fifty dollars.
• 1:26:18
  Speaker 1: Questions Part one and Part two.
• 1:26:20
  Speaker 2: Part one in terms of Trump taking ten percent of AI,
• 1:26:23
  Speaker 2: would the industry become less regulated because he wants to
• 1:26:26
  Speaker 2: extort a new resource of source of wealth, but not
• 1:26:30
  Speaker 2: control a suppress it for ideological reasons like the left does,
• 1:26:34
  Speaker 2: like the mafia used to do in New York City.
• 1:26:38
  Speaker 1: He goes on.
• 1:26:40
  Speaker 2: Business would pay protection money, and the mob would make
• 1:26:43
  Speaker 2: sure their business activities were not interfered with so long
• 1:26:47
  Speaker 2: as the bribes keep coming. No, I mean, why would
• 1:26:50
  Speaker 2: you think that's the case? I mean, it would give
• 1:26:55
  Speaker 2: Trump an actual say in the business and the gun
• 1:27:01
  Speaker 2: because he's.
• 1:27:01
  Speaker 1: Still running the government. It'd give him massive leverage over
• 1:27:06
  Speaker 1: the business.
• 1:27:08
  Speaker 2: And we're talking about AI. We're talking about a business.
• 1:27:12
  Speaker 2: By the way, I answered the same question yesterday or
• 1:27:15
  Speaker 2: the day before. At some point it was this question
• 1:27:17
  Speaker 2: was asked. I don't know if it was. I think
• 1:27:19
  Speaker 2: it was you Happacampbell that asked us yesterday. No, I
• 1:27:24
  Speaker 2: think it's it's I mean, this is this.
• 1:27:28
  Speaker 1: Is not at all uh ah, that kind of a case.
• 1:27:34
  Speaker 1: This is the government. It's not even Trump.
• 1:27:38
  Speaker 2: It's the government taking a stake in AI, not to
• 1:27:41
  Speaker 2: generate dividends from it. I mean, they want the stock
• 1:27:44
  Speaker 2: could go up, But what difference does that make. It
• 1:27:47
  Speaker 2: sounds like they're going to sell it and pay for
• 1:27:49
  Speaker 2: so security from it.
• 1:27:52
  Speaker 1: It gives them control.
• 1:27:54
  Speaker 2: So you know, if if AI Open AI is about
• 1:27:56
  Speaker 2: to release some product that is going to cut employment
• 1:28:02
  Speaker 2: in I don't know, auto manufacturing by fifty percent, and
• 1:28:06
  Speaker 2: auto manufacturers are big Trump voters, and they come and
• 1:28:11
  Speaker 2: complain to Trump, and Trump goes to open AI and says, no,
• 1:28:16
  Speaker 2: you can't release that or make it weaker. And of
• 1:28:21
  Speaker 2: course whoever comes after Trump will have exactly the same control,
• 1:28:25
  Speaker 2: and it sets the precedent. If ten percent, why not
• 1:28:29
  Speaker 2: fifty undred percent? And if AI, if I go to
• 1:28:33
  Speaker 2: AI right now.
• 1:28:34
  Speaker 1: And say, is Trump's.
• 1:28:39
  Speaker 2: I don't know selling interference of FIFA, is that appropriate
• 1:28:44
  Speaker 2: for US president, there's a good chance AI will be
• 1:28:48
  Speaker 2: anti Trump in that regard will be semi objective. Well,
• 1:28:52
  Speaker 2: if Trump oonts ten percent of open AI, what are
• 1:28:56
  Speaker 2: the chances that Trump goes to open AID says well.
• 1:28:59
  Speaker 1: You can't have anything negative about me.
• 1:29:05
  Speaker 2: You can't have a open eye attack me, especially not
• 1:29:09
  Speaker 2: before an election.
• 1:29:12
  Speaker 1: And again, whatever.
• 1:29:14
  Speaker 2: Trump gets Kamala Harris, whoever the next president would get
• 1:29:19
  Speaker 2: the same power. This is an unmitigated disaster in the
• 1:29:26
  Speaker 2: most important technology on the face of a oath right now.
• 1:29:35
  Speaker 2: It really is dystopian. So no, there's no upside. There's
• 1:29:40
  Speaker 2: no upside. And this idea that he would keep it
• 1:29:43
  Speaker 2: unregulated because he wants the profits.
• 1:29:47
  Speaker 1: Is just wrong.
• 1:29:48
  Speaker 2: I mean Trump already has stolen you know, is not stolen,
• 1:29:52
  Speaker 2: but has profited two point two billion dollars from being president.
• 1:29:56
  Speaker 2: You know, he might buy more open EI shares and
• 1:29:59
  Speaker 2: open mone before the government takes a stake and the
• 1:30:01
  Speaker 2: start goes up because the picking winners and losers. There's
• 1:30:04
  Speaker 2: no upside to this. It is all negative. There is
• 1:30:08
  Speaker 2: nothing good about this author Has America gotten unimaginably more
• 1:30:16
  Speaker 2: racist than the last ten years? Are we witnessing a
• 1:30:19
  Speaker 2: quick slide into ominous powel as Nazism? The racist comments
• 1:30:23
  Speaker 2: I get swarmed with our dystopian Yeah, we've definitely got
• 1:30:28
  Speaker 2: much more racist in the last ten years.
• 1:30:32
  Speaker 1: Maybe it was.
• 1:30:33
  Speaker 2: Always under the service and people are now emboldened to
• 1:30:36
  Speaker 2: bring it out from under the rock, or maybe we've
• 1:30:39
  Speaker 2: created more racists. I think the left had a huge
• 1:30:43
  Speaker 2: role in this, and I said at the time that
• 1:30:46
  Speaker 2: identity politics of the left, the wocism of the left
• 1:30:49
  Speaker 2: will only inspire the racists of the right, and it's
• 1:30:53
  Speaker 2: had exactly that effect. You want to play racial politics,
• 1:30:57
  Speaker 2: we're better at it, and the more of us than you.
• 1:31:00
  Speaker 1: That's the racist of the right suggests.
• 1:31:04
  Speaker 2: But there's no question that racism, particularly among men, among
• 1:31:09
  Speaker 2: Republican men, and among you know, leftists, far leftists generally,
• 1:31:16
  Speaker 2: is you know, really really high rates, and much higher
• 1:31:21
  Speaker 2: than us ten years ago, fifteen years ago, twenty years ago,
• 1:31:24
  Speaker 2: and getting worse.
• 1:31:26
  Speaker 1: Is it Nazi level? I don't think so.
• 1:31:30
  Speaker 2: I don't think Americans up sending anybody concentration camps. I
• 1:31:33
  Speaker 2: don't think they're ready to slaughter people in mass I
• 1:31:36
  Speaker 2: don't think that's there. But in terms of the ugliness
• 1:31:42
  Speaker 2: of the racism, it's as bad as it's you know it.
• 1:31:48
  Speaker 2: Hawkens back to America in the twenties and thirties, in
• 1:31:51
  Speaker 2: the era of the eugenics movements and the Jim Crow
• 1:31:57
  Speaker 2: laws and racism against blacks and anti semitism across different
• 1:32:04
  Speaker 2: really across different segments of the population. Arthur says, in
• 1:32:11
  Speaker 2: some cases, in some sense, a racist and anti semi
• 1:32:14
  Speaker 2: semitic comments and improvement We used to have actual programs
• 1:32:19
  Speaker 2: Jim Crow and eugenics policies. Now we just have frustrated
• 1:32:24
  Speaker 2: losers in their mother's basement. Yeah, I mean, certainly that's batter. Unfortunately,
• 1:32:29
  Speaker 2: a lot of the racists are in politics. They're running
• 1:32:32
  Speaker 2: for Congress on the Democratic side, and they're in the
• 1:32:36
  Speaker 2: congressional staffers, and they're in the White House on the
• 1:32:38
  Speaker 2: Republican side. So it's not just statements. It potentially could
• 1:32:45
  Speaker 2: become policy one day. But certainly it's not as bad
• 1:32:50
  Speaker 2: as when they were the people running things. I mean,
• 1:32:53
  Speaker 2: Woodrow Wilson was an explicit racist, and political policy was
• 1:32:58
  Speaker 2: guided by his racist beliefs. And we're not quite there.
• 1:33:02
  Speaker 2: We don't quite have that now yet. I mean, we
• 1:33:06
  Speaker 2: do have it on immigration, so I take that back.
• 1:33:09
  Speaker 2: We definitely have it on immigration. Immigration to a large
• 1:33:12
  Speaker 2: extent is driven by xenophobia.
• 1:33:14
  Speaker 1: And racism, and it's it's yeah, that is all over
• 1:33:19
  Speaker 1: the place. I didn't think the stick of people, stick
• 1:33:26
  Speaker 1: of friends all right, Steven, thank you for the sticker,
• 1:33:29
  Speaker 1: and I know Shasba did a big Chasbad did fifty
• 1:33:31
  Speaker 1: dollars sticker. Thank you. Chasbaud really appreciate that. Ali thank
• 1:33:35
  Speaker 1: you for the sticker. And let's see Mary Aleine, not
• 1:33:42
  Speaker 1: a lot of stickers today and Robert, so thank you
• 1:33:46
  Speaker 1: guys for the sticker. Another four to fifty dollars stickers
• 1:33:49
  Speaker 1: would be good. We'd get to our goal, all right, Neo.
• 1:33:53
  Speaker 2: Neo says oh Nicos, you take on Real Madrid, Nixie.
• 1:33:59
  Speaker 2: This is some yes yesterday. And another one from yesterday
• 1:34:03
  Speaker 2: about football. I'm gonna skip it, and another one all right.
• 1:34:10
  Speaker 1: Time.
• 1:34:12
  Speaker 2: Britain should turn one port into Hong Kong two point
• 1:34:16
  Speaker 2: zero small lass, creating wealth without overhauling the welfare state.
• 1:34:21
  Speaker 2: Why not turn the whole UK into Hong Kong. But yeah,
• 1:34:25
  Speaker 2: one port would be nice to turn Manchester into Hong Kong.
• 1:34:28
  Speaker 2: That would be Liverpool into Hong Kong and that.
• 1:34:30
  Speaker 1: Would be great. But I don't know why you wouldn't
• 1:34:32
  Speaker 1: just turn the whole of the UK that. That's what
• 1:34:34
  Speaker 1: they had the potential to do, at least move in
• 1:34:37
  Speaker 1: that direction after UH separating from Europe, and they missed it.
• 1:34:47
  Speaker 2: They dropped the ball completely. They moved in exactly the
• 1:34:50
  Speaker 2: opposite direction. TM says PC culture, driving UK to civilizational suicide. Yeah,
• 1:34:59
  Speaker 2: I a lack of a constitution of protection free speech,
• 1:35:03
  Speaker 2: a lack of respect for kind of the ideas and
• 1:35:08
  Speaker 2: the rule of law, racist policies PC, racist policies, racist
• 1:35:13
  Speaker 2: policies of the left.
• 1:35:15
  Speaker 1: But beyond that, just.
• 1:35:16
  Speaker 2: The general socialism and accommodation of the welfare state of
• 1:35:21
  Speaker 2: driving it towards civilizational suicide.
• 1:35:24
  Speaker 1: How far it will go, I don't know.
• 1:35:25
  Speaker 2: I think most Brits want to reverse it, so it's
• 1:35:30
  Speaker 2: just amount of time before labor loses. Stephen Harper, thank
• 1:35:34
  Speaker 2: you for the sticker. Appreciated Upper Campbell. Did you see
• 1:35:39
  Speaker 2: Trump slurring his speech during his julyfe of the event?
• 1:35:42
  Speaker 2: He was bracing himself for the whole time instead of
• 1:35:45
  Speaker 2: hand justice holding onto the podium for dear life. Is
• 1:35:48
  Speaker 2: his health crumbling? Look, he's eighty years old. I don't
• 1:35:53
  Speaker 2: know how he does what he does at eighty years old.
• 1:35:55
  Speaker 2: So you know the fact that it's not much worse surprising.
• 1:36:01
  Speaker 2: Eighty year olds are really this energetic and yeah, slowing
• 1:36:08
  Speaker 2: speech at eighty is not bad. So I don't know
• 1:36:13
  Speaker 2: about his wealth, but you just have to take that
• 1:36:16
  Speaker 2: into account. It makes a lot of sense. Nature Observer,
• 1:36:21
  Speaker 2: thank you for the sticker. Really appreciate it. We're slowly
• 1:36:24
  Speaker 2: chipping away. Still need those fifty dollars stickers, that would
• 1:36:27
  Speaker 2: be great. Just in Pokey, England versus Mexico is a
• 1:36:33
  Speaker 2: bang up one for the ages.
• 1:36:34
  Speaker 1: It was one for the ages.
• 1:36:35
  Speaker 2: That was a thrilling, exciting, just exciting game. Exciting game,
• 1:36:41
  Speaker 2: and the atmosphere in that stadium was amazing. Time says
• 1:36:46
  Speaker 2: Jonathan Swan on Trump with a watch. I haven't seen it.
• 1:36:50
  Speaker 2: I don't know who Jonathan Swan is. Time says tell
• 1:36:55
  Speaker 2: Rico looks strong against Paxton.
• 1:36:58
  Speaker 1: He does. Paxton is a very bad candidate.
• 1:37:01
  Speaker 2: I mean, this is where the Republicans killed themselves in
• 1:37:04
  Speaker 2: the primaries. They did it the last two election cycles
• 1:37:07
  Speaker 2: in Georgia, putting up people that were not electable against
• 1:37:12
  Speaker 2: you know, not you know, I guess reasonable Democrats compared
• 1:37:16
  Speaker 2: to what the Republicans had, and they lost both Senate
• 1:37:19
  Speaker 2: seats in Georgia, which is insane. They risk it in Texas.
• 1:37:23
  Speaker 2: Now Texas usually comes through an end on the Republican side.
• 1:37:27
  Speaker 1: But who knows.
• 1:37:28
  Speaker 2: Paxton is just awful, just awful. Just in Pokey, Portugal
• 1:37:36
  Speaker 2: is better without Ronaldo. Now come on, disrespect as well.
• 1:37:40
  Speaker 2: You're on MESSI being better doesn't erase Ronaldo's greatness top
• 1:37:45
  Speaker 2: five all time, he is tough five all time, but
• 1:37:47
  Speaker 2: he's forty one years old. Forty one year old Ronaldo
• 1:37:52
  Speaker 2: is not top five all time. Forty one year old
• 1:37:56
  Speaker 2: Ronaldo might not be the best striker Portugal has right now.
• 1:38:02
  Speaker 2: So yeah, I mean thirty two year old Ronaldo, Yeah,
• 1:38:06
  Speaker 2: you definitely have him in there.
• 1:38:09
  Speaker 1: Thirty six year.
• 1:38:10
  Speaker 2: Old Ronaldo, you definitely have him in there. Forty one
• 1:38:13
  Speaker 2: year old Ronaldo. I don't know. You have to think
• 1:38:16
  Speaker 2: about it, and the key is to win, not to
• 1:38:20
  Speaker 2: celebrate this greatness. So the fact that I'm saying Portugal
• 1:38:25
  Speaker 2: is better without him in the game says nothing about
• 1:38:28
  Speaker 2: his place as an all time player.
• 1:38:31
  Speaker 1: As one of the great football players of all time.
• 1:38:35
  Speaker 2: He is, But I don't know, top five, top ten,
• 1:38:39
  Speaker 2: I don't have a ranking, you know, I have no idea.
• 1:38:44
  Speaker 2: But he's one of the greats, not a forty one,
• 1:38:48
  Speaker 2: not a forty one. And you could see it. He
• 1:38:51
  Speaker 2: has a hard time running really really fast, and you know,
• 1:38:55
  Speaker 2: in the consequence a number of those crosses he should
• 1:38:58
  Speaker 2: have been better positions to tap the ball in. There
• 1:39:01
  Speaker 2: was some beautiful crosses that I think a better conditioned
• 1:39:05
  Speaker 2: a younger striker would have been right there to tip
• 1:39:09
  Speaker 2: the ball in I'm alienating other people who hate football soccer?
• 1:39:18
  Speaker 2: And did you hear how pinker session i Olkon went yeah,
• 1:39:21
  Speaker 2: I mean it sounded like it went okay.
• 1:39:25
  Speaker 1: Did it ended.
• 1:39:28
  Speaker 2: Like just when it was getting interesting that probably should
• 1:39:34
  Speaker 2: have started the whole thing with the questions at the end. So,
• 1:39:39
  Speaker 2: but it sounded like Pinka was honestly interested and curious
• 1:39:45
  Speaker 2: about Ironmand and there was some ability to impact him
• 1:39:49
  Speaker 2: and and and maybe have a have some impact on
• 1:39:52
  Speaker 2: his thinking. We will see, and there's now a communication
• 1:39:55
  Speaker 2: channel open so we can try to correct some of
• 1:39:59
  Speaker 2: his h misstatements.
• 1:40:00
  Speaker 1: About rand Ian.
• 1:40:07
  Speaker 2: Since Franco was a committed fascist, White didn't Spain join
• 1:40:10
  Speaker 2: the fighting with Hitler like Mussolini and hiro Hita?
• 1:40:14
  Speaker 1: Did?
• 1:40:14
  Speaker 2: I think because Spain was exhausted by the Civil War
• 1:40:18
  Speaker 2: it was it couldn't afford to enter the war. It
• 1:40:24
  Speaker 2: was Yeah, I mean I think it's it's it was
• 1:40:26
  Speaker 2: just it was exhausted, it had just been killing each other,
• 1:40:31
  Speaker 2: It didn't have much of a military at that point.
• 1:40:33
  Speaker 1: That would be my theory at this point.
• 1:40:36
  Speaker 2: But before we do a show on Franco in two
• 1:40:38
  Speaker 2: weeks with Nikos. You know, ask it again with Nikos
• 1:40:42
  Speaker 2: and see what Nico says. But I think that's dincer
• 1:40:46
  Speaker 2: Nachavis algorithm have all the most productive people in our
• 1:40:49
  Speaker 2: economy red rand. Are there any super successful business people
• 1:40:53
  Speaker 2: who haven't read round?
• 1:40:54
  Speaker 1: Yeah, I'm sure they are. I'm sure there were a
• 1:40:56
  Speaker 1: lot of them. But a lot of them have red Rand.
• 1:41:02
  Speaker 1: A lot of them have red Rand. But I don't
• 1:41:04
  Speaker 1: think all of them.
• 1:41:06
  Speaker 2: I think that would be an exaggeration on which I
• 1:41:08
  Speaker 2: have no basis to make. And you said Trump would
• 1:41:13
  Speaker 2: be the end of America.
• 1:41:14
  Speaker 1: But then you.
• 1:41:14
  Speaker 2: Said, Vances, was this is a question you asked yesterday
• 1:41:17
  Speaker 2: or the day before the day before that I answered
• 1:41:19
  Speaker 2: this question. I mean, you know, the end of America
• 1:41:27
  Speaker 2: is not it ends tomorrow. The end of America is
• 1:41:29
  Speaker 2: a process. Trump sets the process in motion. Vance Is
• 1:41:35
  Speaker 2: capitalizes on the process set in motion by Trump, and
• 1:41:38
  Speaker 2: then five presidents down the road.
• 1:41:40
  Speaker 1: America ends. You know, there's a civil war and we
• 1:41:43
  Speaker 1: kill each other. I don't know.
• 1:41:44
  Speaker 2: But when I said Trump would be the end of America,
• 1:41:47
  Speaker 2: I didn't mean that America would end with Trump. I
• 1:41:50
  Speaker 2: meant he would set in motion the things that would
• 1:41:53
  Speaker 2: lead to continued or to sustained the American decline. And
• 1:41:59
  Speaker 2: I think I'm so it's not hyperbole dvance as was
• 1:42:03
  Speaker 2: because Vans will accelerate it even faster than Trump pushing
• 1:42:08
  Speaker 2: in that direction.
• 1:42:09
  Speaker 1: And by the way, you asked.
• 1:42:10
  Speaker 2: Me this that on Friday or whatever it was, and
• 1:42:13
  Speaker 2: I answered exactly the same answer. So America doesn't end
• 1:42:19
  Speaker 2: as a one thing end. There's a process. It's a continuum.
• 1:42:23
  Speaker 2: It's it's decline. And Trump is.
• 1:42:28
  Speaker 1: Setting that decline on overdrive. And you know, and and
• 1:42:33
  Speaker 1: and and setting it in that direction. All right.
• 1:42:37
  Speaker 2: Roman says thoughts on Poland Ukraine diplomatic feud over naming
• 1:42:41
  Speaker 2: a Ukrainian army group after Ukrainian.
• 1:42:44
  Speaker 1: Independence here in genocide on nationals. Look, Poland is very
• 1:42:47
  Speaker 1: national nationalistic.
• 1:42:49
  Speaker 2: It's got disputes with Israel about how many the polls
• 1:42:53
  Speaker 2: role in the Holocaust, which was not insignificant. It's got this,
• 1:42:57
  Speaker 2: you know, it's really nationalistic, and I need to preserve it.
• 1:43:01
  Speaker 2: So I don't know the details about this, but it's
• 1:43:05
  Speaker 2: stupid nationalism, which doesn't surprise me at all.
• 1:43:10
  Speaker 1: And it's sad, it's sad, distracting for what they need
• 1:43:18
  Speaker 1: to do. Which is stand up to Russia time. Why
• 1:43:22
  Speaker 1: won't China and Russia bribe Trump like the golf because
• 1:43:26
  Speaker 1: they don't need to. Trump does what they want anyway,
• 1:43:30
  Speaker 1: What is it that they want that he doesn't give them,
• 1:43:32
  Speaker 1: particularly Russia? So I don't. I don't, Yeah, I don't.
• 1:43:45
  Speaker 1: I don't.
• 1:43:45
  Speaker 2: I don't think they need it. I don't think they
• 1:43:48
  Speaker 2: need it, and I think their own people would view
• 1:43:50
  Speaker 2: it negatively versus the golf. The people don't care. They
• 1:43:54
  Speaker 2: used to all the wealth being in the hands of
• 1:43:56
  Speaker 2: a few people and them doing whatever the hell they
• 1:43:58
  Speaker 2: want with it. Tim, did Trump back Israeli strikes on Katta?
• 1:44:04
  Speaker 1: I don't know.
• 1:44:05
  Speaker 2: Probably not, but I don't know. He certainly presented himself
• 1:44:09
  Speaker 2: after the fact that he didn't, but maybe he did
• 1:44:12
  Speaker 2: and then played it.
• 1:44:13
  Speaker 1: How to tell, uh, Tim?
• 1:44:17
  Speaker 2: If objectivists run Harvard, cultural changed, Yeah, I mean, by
• 1:44:22
  Speaker 2: the time we get to the point where objectivists are
• 1:44:24
  Speaker 2: running Harvard, the culture will have changed.
• 1:44:27
  Speaker 1: And completed.
• 1:44:30
  Speaker 2: So it won't be one. It won't be one of
• 1:44:32
  Speaker 2: the first places in the culture to fall. It'll be
• 1:44:35
  Speaker 2: one of the last. And it's we're talking decades and
• 1:44:38
  Speaker 2: decades and decades.
• 1:44:39
  Speaker 1: In the future. Time, would you debate Ruben on Trump? Sure? Sure,
• 1:44:47
  Speaker 1: a lot of people are would debate on Trump.
• 1:44:50
  Speaker 2: Uh time, Maga's Trump cult rivals Maos Now, I mean, look,
• 1:44:55
  Speaker 2: let's not exaggerate. Mao was a murderer of tens of millions,
• 1:44:59
  Speaker 2: a p of his own people, and he had a
• 1:45:02
  Speaker 2: little read book and it was like a religion. And
• 1:45:06
  Speaker 2: I mean Trump's not quite American people are not there.
• 1:45:09
  Speaker 1: They're not that bad.
• 1:45:13
  Speaker 2: Roman Which restrictions would you put on immigrants immigration from
• 1:45:19
  Speaker 2: countries you consider enemies like you are on in North Korea?
• 1:45:23
  Speaker 2: You would have to prove, you would have to prove
• 1:45:26
  Speaker 2: that you were a dissident in some way. You would
• 1:45:28
  Speaker 2: have to prove that you are somebody who opposes those
• 1:45:32
  Speaker 2: regimes if you want to come into the United States,
• 1:45:37
  Speaker 2: and you would have to completely repudiate the ideology behind
• 1:45:40
  Speaker 2: those regimes.
• 1:45:43
  Speaker 1: Lincoln looking for the documentary.
• 1:45:44
  Speaker 2: If it does well, perhaps a future series set in Roma,
• 1:45:48
  Speaker 2: flaence on Christianity and the Renaissance could be done. Yeah,
• 1:45:50
  Speaker 2: I mean there's a lot of possibilities. I mean, if
• 1:45:53
  Speaker 2: we can raise money for this, there's a lot of
• 1:45:56
  Speaker 2: possibilities of doing videos about history and art and and
• 1:46:01
  Speaker 2: Renaissance and Enlightenment done in different cities around the world and.
• 1:46:07
  Speaker 1: Doing stuff like that. But for that, we need to
• 1:46:09
  Speaker 1: raise the money.
• 1:46:09
  Speaker 2: We need to prove that there's enough of an audience
• 1:46:12
  Speaker 2: out here, there's enough of an interest among you guys
• 1:46:15
  Speaker 2: for these kind of products that you're willing to support them.
• 1:46:18
  Speaker 2: Because I don't have the funds to do it, but
• 1:46:22
  Speaker 2: maybe maybe we could raise them. Lincoln, I'll be back
• 1:46:28
  Speaker 2: from my triop by then. Hopefully this is about Arizona.
• 1:46:30
  Speaker 2: I can go to the Peterson Academy courses like last time. Excellent,
• 1:46:33
  Speaker 2: that'll be great, Lincoln says, Sadly school won't be in session.
• 1:46:38
  Speaker 2: Otherwise we could have organized the speech at University of Arizona. Yeah,
• 1:46:41
  Speaker 2: we'll have to wait for another time for that real spark.
• 1:46:44
  Speaker 2: Mel Brooks turned one hundred, just nineteen hundred more to go.
• 1:46:49
  Speaker 2: Do both of your names come from Brookstein? Blazing Saddle
• 1:46:53
  Speaker 2: is Crazy Nuts, Mongo Punch the host. No, I don't
• 1:46:56
  Speaker 2: think either of our names come from Brookstein. I think
• 1:46:59
  Speaker 2: brook Brooks were common names among Jews in Lithuania and
• 1:47:06
  Speaker 2: that part of Europe for whatever reason which I don't know.
• 1:47:11
  Speaker 2: All right, guys, thank you, Thanks to all the super chattters,
• 1:47:14
  Speaker 2: Thanks all the stick of people.
• 1:47:15
  Speaker 1: Thanks, oh don't forget.
• 1:47:18
  Speaker 2: Really really value support on Patreon, on PayPal monthly.
• 1:47:23
  Speaker 1: Support, regular monthly support.
• 1:47:25
  Speaker 2: Please consider that particularly if you can do you can
• 1:47:28
  Speaker 2: afford the one hundred to fifty five hundred, one thousand,
• 1:47:31
  Speaker 2: you know, significant amounts. But yeah, let's get Let's get
• 1:47:37
  Speaker 2: the documentary funded first and then ramp up the Patreon.
• 1:47:42
  Speaker 2: I'll also note that subscriptions are way up over the
• 1:47:45
  Speaker 2: last few days.
• 1:47:47
  Speaker 1: I don't know why.
• 1:47:49
  Speaker 2: It's like eight hundred in the last week or so,
• 1:47:55
  Speaker 2: maybe ten days or so. I think it has to
• 1:47:58
  Speaker 2: do with Peterson Academy putting out the video of my
• 1:48:02
  Speaker 2: first election, the Capitalism Course. I think that coincides with
• 1:48:05
  Speaker 2: the date where the subscribers just went up like that.
• 1:48:08
  Speaker 2: But yeah, it's well of one hundred every day. Let's
• 1:48:10
  Speaker 2: see how long this continues. But that's what we need.
• 1:48:13
  Speaker 2: We need to get to fifty thousand and then too
• 1:48:15
  Speaker 2: one hundred thousand subscribe to see it quickly. I'm hoping
• 1:48:18
  Speaker 2: the documentaries help, I'm hoping Peterson Academy helps, and I'm
• 1:48:22
  Speaker 2: hoping you guys help. So help me out. Let's make
• 1:48:25
  Speaker 2: this successful. Thanks everybody. I'll see you guys tomorrow.
• 1:48:30
  Speaker 1: The next few days show times will be affected by
• 1:48:36
  Speaker 1: by the timing of the.
• 1:48:38
  Speaker 2: Football games the soccer games, so I apologize in advance
• 1:48:42
  Speaker 2: for that, or maybe I shouldn't apologize. Maybe that fits
• 1:48:46
  Speaker 2: you as well, because some of you are watching the
• 1:48:48
  Speaker 2: games as well.
• 1:48:50
  Speaker 1: See you soon, guys. Thank you,