Latest / Yaron Brook Show / Rubio & AOC in Munich; Culture; Free Speech; Dollar; Iran; Gaza | Yaron Brook Show
Transcript
- 0:02Speaker 1: A lot of fundamental principals of Lago national self interesting
- 0:10Speaker 1: and an individual wants this is the show. All right,
- 0:20Speaker 1: everybody walk up to your one book show on this Monday,
- 0:25Speaker 1: February sixteenth. I hope everybody is having a good beginning
- 0:31Speaker 1: of the week, good Monday, had a good weekend, all right.
- 0:35Speaker 1: Reminder that tonight we've got Augustina. So tonight today we
- 0:41Speaker 1: have two shows, one now and one tonight. We'll talk
- 0:44Speaker 1: about me late and we'll talk about we'll talk about immigrations.
- 0:49Speaker 1: So I hope, hope you join us. It'll be seven
- 0:53Speaker 1: pm East Coast time tonight. All right, let's see, yeah,
- 0:58Speaker 1: let's just jump in. Let's just bands. So well. Maco
- 1:04Speaker 1: Macho Rubio spoke at the Munich Security Conference this last weekend,
- 1:11Speaker 1: as did AOC. Macho Rudio had a had a main event.
- 1:15Speaker 1: I mean, he was one of the keynote speakers. Aos
- 1:17Speaker 1: was on a couple of panels, but she had an
- 1:19Speaker 1: opportunity to opine on on many of the on many
- 1:26Speaker 1: of the issues of the day, particularly on phone policy.
- 1:28Speaker 1: The UNIX Security Conference is dedicated to a large extent
- 1:31Speaker 1: two issues of PHN policy, so there was a lot
- 1:35Speaker 1: to do there. And you know, some people said, oh,
- 1:40Speaker 1: this is this is like a prep for the for
- 1:42Speaker 1: the twenty twenty eighth presidential presidential election. MACHCOO versus AOC.
- 1:49Speaker 1: Let's hope AOC is not the Democratic candidate. You'll see
- 1:52Speaker 1: in a minute. Yeah, she was pathetic here. Now I
- 1:55Speaker 1: think she'll get better, like she needs she'll show she
- 1:58Speaker 1: she she she'll learn and how to frame her answers better.
- 2:05Speaker 1: She's learned it on domestic policy, she'll now have to
- 2:07Speaker 1: learn it on phone policy. Uh. But but she's awful
- 2:11Speaker 1: and you'll see you'll see why in a little bit.
- 2:14Speaker 1: We'll get into that. I've got four segments from her
- 2:18Speaker 1: from her speech to cover, but I want to start
- 2:22Speaker 1: with Marco Rio because Marco Rubio gave what I think
- 2:26Speaker 1: most people consider extraordinary speech at the at the conference,
- 2:31Speaker 1: maybe people who know Marco Rubio's history better than my
- 2:36Speaker 1: I do, or probably the best speeches ever given. Uh.
- 2:39Speaker 1: It's it's a very different speech than what this is
- 2:43Speaker 1: in Europe. It was in Munich. This is a very
- 2:46Speaker 1: different speech than let's say our vice president gave in Europe. Uh,
- 2:57Speaker 1: you know last year, Gdvans in this speech last year
- 3:03Speaker 1: was very negative on Europe, very wagging the finger, very
- 3:07Speaker 1: very aggressive, and Rubio gave a very different speech, a
- 3:13Speaker 1: very different speech, basically a speech of urging unity between
- 3:21Speaker 1: America and Europe in the name of Western civilization, in
- 3:26Speaker 1: the name of we share a civilization. We'll get to
- 3:31Speaker 1: hungry and a little bit. You know, we have to
- 3:33Speaker 1: go event by event. The fact that these people contradict
- 3:36Speaker 1: each other themselves all the time is not surprising. Europe
- 3:43Speaker 1: is not a god awful place. God, you guys need
- 3:45Speaker 1: to get out. You should. You should leave your homes
- 3:48Speaker 1: and get on a plane, actually travel and go see
- 3:50Speaker 1: the world. Europe is far from a god awful place. Anyway.
- 3:57Speaker 1: Rubyo gave gave again, by by most accounts, a rousing speech.
- 4:03Speaker 1: You got a standing ovation, a standing ovation in Europe,
- 4:09Speaker 1: which is pretty unusual these days for an American to
- 4:14Speaker 1: be able to do. Given the Trump administration's hostility, the
- 4:19Speaker 1: many have our allies in Europe. The attempt to kind
- 4:23Speaker 1: of take Greenland, just take it, that didn't go so well.
- 4:28Speaker 1: Europe landed up, landed up managing to keep Greenland, and
- 4:33Speaker 1: Trump had to retreat from that particular endeavor. This was
- 4:38Speaker 1: a reconciliation speech. This is a reconciliation speech. It was rousing,
- 4:44Speaker 1: It got applause in the middle, and like three times
- 4:47Speaker 1: it got a standing ovation at the end. Yeah, I mean,
- 4:56Speaker 1: I'll take will be over Advance any day. I think
- 5:00Speaker 1: Rubio's incredibly corrupt and bad, and in these elements of
- 5:04Speaker 1: this speech that are really bad, and we'll get to that.
- 5:07Speaker 1: But in comparison to Vance, in comparison to what Vance holds.
- 5:12Speaker 1: In comparison, so what Vance believes, Rubio is relatively relatively good.
- 5:19Speaker 1: Still bad, but relatively good. It would be good if
- 5:22Speaker 1: if that Republican nominee was actually from outside this administration
- 5:26Speaker 1: and was somebody who actually rejected the ideas of national conservatism.
- 5:32Speaker 1: Rubio does not. Rubio embraces embras. I see there's a
- 5:37Speaker 1: lot on the chat talking about Robert Duval, the actor.
- 5:40Speaker 1: We'll get to that. He died today, so I'll say
- 5:43Speaker 1: a few words about him and Dan. All right, so
- 5:48Speaker 1: let's get into the speech. So I've got video of
- 5:49Speaker 1: the speech. We're gonna I'm gonna show bits of it.
- 5:53Speaker 1: I'm doing it at one and a half speed. Let
- 5:56Speaker 1: me know if that's too fast for you guys. But
- 5:59Speaker 1: you know, this was a he read the speech. It
- 6:02Speaker 1: was it was pretty slow and deliberate, but he delivered
- 6:06Speaker 1: fairly well. He could he could do a better job,
- 6:09Speaker 1: but he did it fairly well. And there was So
- 6:17Speaker 1: we'll go over this. I'll start I'll start this at
- 6:20Speaker 1: around minute two forty five I think of the speech,
- 6:23Speaker 1: and we'll jump around a little bit to take in
- 6:27Speaker 1: the highlights. I think it's an important speech because in
- 6:30Speaker 1: a sense, this is like the best attempt you're going
- 6:34Speaker 1: to get out there from an American politician these days
- 6:38Speaker 1: to try to define Western civilization, to try to articulate
- 6:43Speaker 1: what it means, to try to explain the bond between
- 6:49Speaker 1: the United States and in Europe. So it's it's worth
- 6:55Speaker 1: listening to. But it also demonstrates, I think, as you'll see,
- 7:03Speaker 1: it demonstrates just the basic ignorance and just the mythology
- 7:08Speaker 1: that is now being created around the state of the
- 7:11Speaker 1: world and how awful things are. Awful things are if
- 7:16Speaker 1: not for the change paradigm of Donald Trump. So all right,
- 7:22Speaker 1: let's see. Let's see I can get Rubio on screen.
- 7:25Speaker 1: There he is, and let is press play and we
- 7:33Speaker 1: can listen to some of this. Yeah, let me know,
- 7:38Speaker 1: let me know if if it's too fast.
- 7:44Speaker 2: And it does cost us.
- 7:44Speaker 3: Dealing in this delusion, we embraced the dogmatic vision of
- 7:48Speaker 3: free and unfetter trade, even as some nations protected their
- 7:50Speaker 3: economies and subsidize their companies to systematically undercut hours.
- 7:55Speaker 1: So this is the regular trope about free trade. We
- 7:59Speaker 1: undermind ourselves because other people subsidized and protected their industries. No,
- 8:05Speaker 1: as any as any decent economists would explain to you
- 8:09Speaker 1: them subsidizing their industries and them protecting their industries hurts them,
- 8:13Speaker 1: it actually helps us. We benefit. We benefit. You know,
- 8:18Speaker 1: we didn't undermine. This is not delusional, this is actually,
- 8:22Speaker 1: this is actually. You know, free trade is good. I
- 8:27Speaker 1: have to say it over and over again because I
- 8:28Speaker 1: know it's new, it's and everybody out there is against it,
- 8:33Speaker 1: so I have to reaffirm it constantly. But we'll be
- 8:37Speaker 1: always just is just spouting the same nonsense which he
- 8:41Speaker 1: didn't believe in. I don't know twenty eighteen, twenty nineteen
- 8:46Speaker 1: when he decided to switch sides and buy in, buying completely, buying,
- 8:52Speaker 1: completely into this. You know I've done many a show.
- 8:59Speaker 1: If you're instant in the details of how we benefit
- 9:01Speaker 1: from free trade and how we actually benefit when somebody
- 9:04Speaker 1: else is being subsidized in their own industry. I have
- 9:08Speaker 1: maybe twenty videos online that explain that, you know, in
- 9:13Speaker 1: various details, some of the more detail, some of the
- 9:15Speaker 1: less detailed. Maybe not twenty, maybe only ten, I don't know,
- 9:18Speaker 1: but a lot of them out there. Just put you
- 9:20Speaker 1: on book trade and you'll find them. I've been talking
- 9:24Speaker 1: about this since twenty sixteen. I've been explaining getting great
- 9:26Speaker 1: details since twenty sixteen. Today we're not gonna We're not
- 9:29Speaker 1: gonna get into that detail. If you watch my stuff,
- 9:32Speaker 1: you know, and if you don't watch my stuff, then
- 9:34Speaker 1: check it out. It's it's right there in the in
- 9:37Speaker 1: the in the stack of videos that I have that
- 9:43Speaker 1: I've produced. But yeah, raises our stand up living makes,
- 9:48Speaker 1: you know, allows us to specialize in things we do
- 9:51Speaker 1: particularly well. It frees up huge amounts of capital for
- 9:55Speaker 1: us improves and indeed wages have gone up. Later, participation
- 10:00Speaker 1: gone up, Unemployment is way down, and stand up living
- 10:04Speaker 1: gone up. By every measure, of the United States is
- 10:06Speaker 1: doing better than anybody else in the world, you know,
- 10:09Speaker 1: for a size of all economy, and has done better
- 10:11Speaker 1: over the last thirty years than anybody else particularly in
- 10:14Speaker 1: the last fifteen years or so, much better than anybody else.
- 10:19Speaker 1: And we have benefited enormously, enormously from trade. Even with China,
- 10:25Speaker 1: we benefited. You know again, stand up living, quality of life,
- 10:30Speaker 1: inflation is lower, every measure life is better because of
- 10:34Speaker 1: the trade we've engaged in. But in terms of explanation
- 10:38Speaker 1: of the details of how that works, check out my videos.
- 10:41Speaker 1: All right, here we go. So that's delusion number one
- 10:44Speaker 1: that the West is engaged in, and he's talking about
- 10:47Speaker 1: this is the delusion that came after World War Two.
- 10:49Speaker 1: We started out with a Cold War and how we
- 10:52Speaker 1: won the Cold War, but we had a the delusion
- 10:55Speaker 1: of free trade. That's delusion number one. Is a number
- 11:00Speaker 1: of these delusions that we've been living out there since
- 11:03Speaker 1: we were on the Cold.
- 11:04Speaker 3: War shattering our plants blood was resulting in large parts
- 11:07Speaker 3: of our societies being de industrialized.
- 11:09Speaker 1: Our societies of not being de industrialized. The reality is
- 11:11Speaker 1: we make more stuff today than we did back then.
- 11:15Speaker 1: We make more stuff today than we ever have. The
- 11:18Speaker 1: only thing that is true is that we do it
- 11:22Speaker 1: with a lot fewer people, primarily because of automation and
- 11:25Speaker 1: computers and technology. It's not so much that we've shipped
- 11:29Speaker 1: jobs abroad as we've been replaced jobs with tech. But
- 11:37Speaker 1: what they don't talk about is all the industries we
- 11:39Speaker 1: have created because we freed up capital by taking it
- 11:43Speaker 1: out of the Rust belt and invested in Silicon Valley.
- 11:48Speaker 1: And at Silicon Valley, we've created much better paying jobs,
- 11:55Speaker 1: jobs that are far more valuable pretty much by any measure.
- 12:05Speaker 1: And yeah, we replaced high paying programming jobs. So we
- 12:11Speaker 1: replaced union jobs on an assembly line with high paying
- 12:17Speaker 1: programming jobs. That is a trade off that is unbelievably valuable,
- 12:22Speaker 1: and that partially free trade allowed us to do. We
- 12:27Speaker 1: have not de industrialized. We've got to get that out
- 12:29Speaker 1: of our minds. Yeah, we don't make We don't make
- 12:35Speaker 1: clothing in America anymore. Yay. That's a you know, low margin,
- 12:40Speaker 1: low intellectual property, low value products. Let somebody do it.
- 12:48Speaker 1: In the third world, we designed ships. We don't even
- 12:53Speaker 1: make ships anymore, yay, much rather have our people design them.
- 12:58Speaker 1: That's where the real value at it is. We don't
- 13:02Speaker 1: even make iPhones, but in the United States, iPhones, the
- 13:08Speaker 1: most important component, the greatest value added in an iPhone
- 13:12Speaker 1: is made in the US, and that's the design, the
- 13:15Speaker 1: brain power, the design, the structure, the features, all the stuff,
- 13:21Speaker 1: the components of putting them all together, that's relatively easy.
- 13:26Speaker 1: Once you design it, let other people do that, it's cheaper, easier.
- 13:31Speaker 1: So we are massive beneficiaries, massive, massive beneficiaries of globalization.
- 13:38Speaker 1: We're massive beneficiaries of trade, of freer, low tariff trade.
- 13:49Speaker 1: I mean, just think about Silicon Valley, and you know
- 13:53Speaker 1: where would Nvidia be if it had to rely on
- 13:57Speaker 1: Intel to actually fabricate its chips. It would be a disaster.
- 14:03Speaker 1: It would be way too expensive, a quality of life,
- 14:05Speaker 1: stand of living would be lower. Where would Apple be
- 14:09Speaker 1: if it had to rely on building macs In the
- 14:11Speaker 1: United States, they tried that once. It was an unmitigated
- 14:15Speaker 1: fringing disaster. We make more stuff than we ever have.
- 14:25Speaker 1: We don't make iPhones, we don't make chips, we don't
- 14:28Speaker 1: make clothes. But in terms of stuff made with the
- 14:33Speaker 1: highest point ever but we have, we make what we're
- 14:37Speaker 1: good at making. We don't make well, we're not good
- 14:40Speaker 1: at making. That's the beauty of globalization. We can outsource
- 14:46Speaker 1: the stuff we're not that good at. We can outsource
- 14:49Speaker 1: the lower value products, like the assembly, to other places.
- 14:57Speaker 1: So this idea the global I said, since bad for
- 15:00Speaker 1: America is exact upside out. The United States is the
- 15:04Speaker 1: greatest beneficiary of globalization. Now maybe the greatest. Maybe other
- 15:10Speaker 1: countries have benefited even more. We are benefited enormously enormously
- 15:15Speaker 1: from globalization. So, yes, we don't make everything, that's true,
- 15:26Speaker 1: but we never made iPhones. De industrialized means lose industry.
- 15:31Speaker 1: We never made iPhones. And indeed, it is questionable whether
- 15:35Speaker 1: an iPhone would have ever been invented when it was
- 15:40Speaker 1: invented if not for globalization. How many different parts from
- 15:47Speaker 1: different countries go into an iPhone? Parts from at least
- 15:52Speaker 1: fifty different countries go into the iPhone. If we couldn't
- 15:56Speaker 1: source all those products at very very low cost and
- 16:01Speaker 1: then assemble them cheaply, they would have never been an iPhone.
- 16:06Speaker 1: The iPhone is a consequence of globalization, all right. So
- 16:28Speaker 1: I mean, yeah, I know, I spent a lot of
- 16:30Speaker 1: time on this, but it's so there's so many people
- 16:33Speaker 1: that are confused about It's so many people that are
- 16:35Speaker 1: wrong about it because all they hear out there is
- 16:38Speaker 1: the propaganda are both left and right. There's no disagreement here.
- 16:42Speaker 1: They all agree. This is why Biden never lowered Trump's tariffs.
- 16:45Speaker 1: This is why it's not for certain at all that
- 16:48Speaker 1: a democratic president will lower the tasks that Trump is
- 16:50Speaker 1: alridi imposed. You know, the Democrats and Republicans, they use
- 16:54Speaker 1: it as a political ping pong, but when it actually
- 16:57Speaker 1: comes down to it, the economics of it, they all
- 16:59Speaker 1: want tariffs not because it's good for America, but because
- 17:03Speaker 1: it gives them control. I mean, what Trump loves is
- 17:07Speaker 1: to be able to wheeld tariffs left and right on
- 17:10Speaker 1: this country, in that country, whenever he feels like, every
- 17:12Speaker 1: time he calls a feign leader to throw them out there.
- 17:15Speaker 1: That's what he likes likes. But they all have a
- 17:18Speaker 1: zero sum mentality. Wow, this is going to take a
- 17:24Speaker 1: long time. At this pace. We've got a twenty two
- 17:26Speaker 1: minute talk.
- 17:27Speaker 3: Shipping millions of working in middle class jobs overseas.
- 17:30Speaker 1: If we shipped millions of working class and no class
- 17:33Speaker 1: jobs overseas, how come we have such a low unemployment
- 17:37Speaker 1: rate we have by their estamate, by Republican estimates, we
- 17:41Speaker 1: have twenty to thirty million illegal immigrants, mostly working in
- 17:44Speaker 1: the United States. Unemployment rate is very low. It's as
- 17:48Speaker 1: low as it was in the golden fifties. Then where's
- 17:53Speaker 1: all the unemployed people whose jobs will shift overseas? And
- 17:57Speaker 1: ways is are higher than they've ever been, come is
- 18:00Speaker 1: higher than it's ever been, standard living, quality of life
- 18:03Speaker 1: higher than they ever been by every objective measure you
- 18:06Speaker 1: could do. Then where are their jobs that we shipped overseas?
- 18:13Speaker 1: Maybe they were. Maybe the jobs that went overseas were
- 18:16Speaker 1: the low paying, unproductive jobs, and what we got in
- 18:22Speaker 1: return is far better jobs. Yes, and services where people
- 18:27Speaker 1: sit at a desk, but for better paying, for more
- 18:32Speaker 1: productive Maybe that's the jobs we've got in return. So
- 18:35Speaker 1: we're nett way better off, way better off. All right,
- 18:45Speaker 1: I think this analysis of Rubia speech is going to
- 18:49Speaker 1: take all.
- 18:49Speaker 3: Day and handing control of our critical supply chains to
- 18:52Speaker 3: both adversaries and rivals.
- 18:54Speaker 1: Now, you could argue that you know supply chains, giving
- 18:59Speaker 1: supply chains to critical supply chase and critical for what
- 19:02Speaker 1: critical for national defense? Supply chains? Adversaries rivals, I don't
- 19:06Speaker 1: know what you even mean by rivals is a bad
- 19:08Speaker 1: thing and that needs to be dealt with. You don't
- 19:11Speaker 1: deal with that, but through tariffs. There are other ways
- 19:13Speaker 1: to deal with it, But that arguably needs to be
- 19:16Speaker 1: dealt with. But that is not the same as everything
- 19:18Speaker 1: else he said before then, and that's not a knock
- 19:24Speaker 1: against free trade one two three. Think you really gotta
- 19:35Speaker 1: stop commenting and listen, because this commenting on the dollar
- 19:40Speaker 1: makes no sense. I'll talk about the dollar in a
- 19:41Speaker 1: little bit. But the dollar has strengthened for decades, the
- 19:48Speaker 1: dollars being strong all through globalization. The dollar has gotten
- 19:52Speaker 1: weaker with tariffs with Trump. Trump is weak at the dollar,
- 19:55Speaker 1: but the dollar was super strong up until Trump came
- 19:58Speaker 1: his office, super strong. Any need over the long run
- 20:01Speaker 1: tas will actually increase the value of the dollar. So
- 20:05Speaker 1: DOLLA is strong because, as we'll see later, the dollar
- 20:08Speaker 1: is the way in which the whole globe trades.
- 20:15Speaker 3: We increasingly outsourced our sovereignty to international institutions, while many
- 20:18Speaker 3: nations invested in massive welfare states at the cost of
- 20:21Speaker 3: maintaining the ability to defend themselves.
- 20:23Speaker 1: I agree with that one hundred percent, absolutely.
- 20:26Speaker 3: This even as other countries have invested in the most
- 20:29Speaker 3: rapid military build up in all of human history and
- 20:32Speaker 3: have not hesitated to use hard power to pursue their
- 20:35Speaker 3: own interests.
- 20:36Speaker 1: Who's that other than Russia, our friend.
- 20:40Speaker 2: Appease a climate cult.
- 20:42Speaker 3: We have imposed energy policies on ourselves that are impoverishing
- 20:45Speaker 3: our people. The PSN least competitors desploit oil and coal
- 20:48Speaker 3: and natural gas and anything else, not just to power
- 20:51Speaker 3: their economies, but to use as leverage against our own.
- 20:55Speaker 3: And in a pursuit of a world without borders, we
- 20:57Speaker 3: opened our doors to an unprecedented wave of mass migration
- 21:01Speaker 3: that threatens the cohesion of our societies, the continuity of
- 21:04Speaker 3: our culture, and the future of our people.
- 21:07Speaker 1: Really, now I get it. Immigration is a real issue
- 21:12Speaker 1: in Europe because of Islam, and you know, we can
- 21:16Speaker 1: to discuss how to deal with that, but it really
- 21:20Speaker 1: is American culture in decline because of immigrants, because of
- 21:25Speaker 1: left and right wing intellectuals have destroyed what it means
- 21:28Speaker 1: to be an American. Is American in decline because of
- 21:31Speaker 1: mass migration. It's just collectivist bs and of course by
- 21:40Speaker 1: lumping American immigrants immigrants to America with immigrants into Europe,
- 21:45Speaker 1: where they're not the same. Although even immigrants to Europe,
- 21:49Speaker 1: it's questionable whether there is a how big of a
- 21:51Speaker 1: problem it really is, what are we doing? We're telling Europeans, Yeah,
- 21:59Speaker 1: your Islam threat is always Slamic threat. No it's not.
- 22:01Speaker 1: We don't have any Slamis threat in the United States
- 22:03Speaker 1: from immigrants. I mean, maybe at a small one at
- 22:07Speaker 1: the very margin, but ninety plus percent of our immigrants
- 22:10Speaker 1: are not Muslims. Ninety nine percent of our immigrants, I think,
- 22:13Speaker 1: are not Muslims. So what are you talking about.
- 22:25Speaker 3: We made these mistakes together, and now together we owe
- 22:29Speaker 3: it to our people to face those facts.
- 22:31Speaker 1: There's a lot of we made mistakes together. We are together,
- 22:34Speaker 1: we belong together. We are a lot together. This is
- 22:38Speaker 1: the this is trying to make up. This is this
- 22:40Speaker 1: is we should be together. The America and Europe were
- 22:43Speaker 1: the same. We belong together. This is let's let's jump
- 22:47Speaker 1: to this.
- 22:48Speaker 2: And Europe we belonged together.
- 22:50Speaker 1: We belong together.
- 22:51Speaker 2: There's a lot of America was found at two hundred
- 22:52Speaker 2: and fifty years ago, but the roots began here on
- 22:55Speaker 2: this continent long before true.
- 22:57Speaker 3: But the men who settled and built the nation of
- 22:59Speaker 3: my birth arrived on our shores, carrying the memories and
- 23:02Speaker 3: the traditions and the Christian faith of their ancestors as
- 23:05Speaker 3: a sacred inheritance.
- 23:06Speaker 1: So what do is the inheritance and bind us tradition, memory,
- 23:11Speaker 1: and religion tradition, memory, and religion. He's got a statement
- 23:15Speaker 1: later on we'll get to that is a little better
- 23:18Speaker 1: than that. But tradition, memory, and religion. Religion plays a
- 23:24Speaker 1: huge part in Rubio's conception of Western civilization, as it
- 23:29Speaker 1: does to so many peoples, which is a massive mistake.
- 23:32Speaker 1: As you know, I think Christianity is the antithesis of
- 23:36Speaker 1: Western civilization. It is a force fighting against Western civilization.
- 23:39Speaker 1: Is that a force undermining Western civilization constantly? But for that,
- 23:44Speaker 1: you would have to understand what Western civilization is. You
- 23:47Speaker 1: would have to define it, and that is beyond some concretes.
- 23:52Speaker 1: That is way beyond what Marco Rubio, for that matter,
- 23:55Speaker 1: any of these could do. It is European nests, the
- 24:02Speaker 1: traditions of Europe, but really it's Christianity ultimately, that's what
- 24:06Speaker 1: binds us. Although note that most of the immigrants coming
- 24:10Speaker 1: to America from Guatemala and hung to US and Venezuela
- 24:18Speaker 1: and Mexico or as Christian, if not more Christian than Americans.
- 24:24Speaker 1: Most of them are Catholic Americans predominantly a Protestant, but
- 24:28Speaker 1: they're still Christians. Supposedly. I assume it's all. See, Western
- 24:37Speaker 1: civilization is a development in spite of Christianity, not because
- 24:40Speaker 1: of it, but no that he has no problem. He
- 24:43Speaker 1: wants white Christians, European Christians, not those dark skinned Christians,
- 24:50Speaker 1: although of course he is pretty duck skinned himself, being
- 24:53Speaker 1: from Italian and Spanish heritage.
- 24:56Speaker 3: An unbreakable link between the old world and the new.
- 25:00Speaker 3: We are part of one civilization, Western civilization. We are
- 25:04Speaker 3: bound to one another by the deepest bonds that nations
- 25:06Speaker 3: could share, forged by centuries of shared history, Christian faith, culture, heritage, language, ancestry,
- 25:14Speaker 3: and the sacrifices.
- 25:16Speaker 1: Know what he doesn't say ideas philosophy that has no
- 25:23Speaker 1: place in defining Western civilization. It's about again traditions. Culture
- 25:31Speaker 1: is kind of vague, and they love Western culture. What
- 25:36Speaker 1: does it mean? But you know, I'm all full Western civilization.
- 25:40Speaker 1: I'm all full. Yeah, But notice that these grounding Western
- 25:45Speaker 1: civilization not in ideas, but in a people and in
- 25:50Speaker 1: a place in Europe and in America, whereas in my view,
- 25:56Speaker 1: Western civilizations has ideas. So today South Korea, South Korea,
- 26:01Speaker 1: not North Japan, Singapore, Taiwan a part of Western civilization,
- 26:08Speaker 1: even though the people are not European or white, as
- 26:13Speaker 1: Milay brings more freedom to Argentina. Argentina is Western civilization,
- 26:18Speaker 1: although of course Argentina or Argentinians are Europeans, although I
- 26:23Speaker 1: wonder if they emigrate into the United States, where the
- 26:25Speaker 1: United States considers the European or dark skinned Latin Americans.
- 26:30Speaker 1: The whole thing is very confusing. Once you introduce race
- 26:33Speaker 1: and skin color and geography into what is fundamentally an
- 26:38Speaker 1: issue of ideas and culture, you blow up everything. It
- 26:44Speaker 1: becomes meaningless, It doesn't add up to anything. That's why
- 26:49Speaker 1: Rubio can go from this from talking about Western civilization
- 26:53Speaker 1: and ideas and the founding of America and all of
- 26:56Speaker 1: this too, hugging Oban and pretending that ob and Victor
- 26:59Speaker 1: Obin I mean hungry? Is that pit to me of
- 27:01Speaker 1: what that means? When Victor Obin is the antithesis of it.
- 27:05Speaker 3: All our forefathers made together for the common civilization to
- 27:12Speaker 3: which we have fallen air. And so this is why
- 27:16Speaker 3: we Americans may sometimes come off as a little direct
- 27:20Speaker 3: and urgent in our council. This is why President Trump
- 27:24Speaker 3: demands seriousness and reciprocity from our friends here in Europe.
- 27:28Speaker 3: The reason why, my friends, because we love you, because
- 27:30Speaker 3: we care deeply. We care deeply about your future and ours,
- 27:35Speaker 3: and if at times we disagree.
- 27:37Speaker 1: Let's jump a little forward.
- 27:43Speaker 2: Right.
- 27:43Speaker 1: It's true there.
- 27:44Speaker 2: How we deploy it?
- 27:45Speaker 3: These are important questions, they are, but they are not
- 27:48Speaker 3: the fundamental one. The fundamental question we must answer at
- 27:51Speaker 3: the outset is what exactly are we defending? It is
- 27:55Speaker 3: because armies do not fight for abstractions. Armies fight for
- 27:59Speaker 3: a people.
- 28:00Speaker 1: Armies do not fight for abstractions.
- 28:04Speaker 2: WHOA.
- 28:05Speaker 1: So it turns out that what we are defending is
- 28:09Speaker 1: not ideas. What we're defending is not some abstract notion
- 28:14Speaker 1: of liberty and freedom, and not some abstract notion of
- 28:19Speaker 1: shared values. Armies do not fight for abstractions. Give me
- 28:27Speaker 1: liberty or give me death. WHOA, No, No, you can't
- 28:31Speaker 1: fight for that. Give me liberty or give me death.
- 28:41Speaker 1: When the Nazis munched in the battle, they fought for
- 28:44Speaker 1: an abstraction. When the communists, the real communists, fought in
- 28:52Speaker 1: the name of communism, they fought from abstraction. We don't,
- 28:58Speaker 1: he says. We don't fight for abstraction. We fight for
- 29:01Speaker 1: people in a place.
- 29:02Speaker 2: We fight for a nation. They fight for a way
- 29:04Speaker 2: of life.
- 29:05Speaker 1: A way of life. A way of life is an abstraction. No,
- 29:07Speaker 1: I guess not. I mean that is awful and a
- 29:14Speaker 1: historical and a insult to the founders of this country.
- 29:23Speaker 1: The founders didn't I mean, if they were fighting for
- 29:26Speaker 1: a nation and a place, if they were fighting for
- 29:28Speaker 1: people in a way of life, then they would have
- 29:31Speaker 1: stayed British. They were British. They consider themselves British until
- 29:36Speaker 1: just before the declaration, just before the Wolf independence, they
- 29:40Speaker 1: were British, British, scott Irish. They were part of that,
- 29:45Speaker 1: they were part of the Empire. They loved it. They
- 29:47Speaker 1: thought it was great, that was the nation and if
- 29:50Speaker 1: that was it, if it wasn't for abstract ideas, they
- 29:54Speaker 1: would have even been a Wolf independence. I mean, what
- 29:57Speaker 1: an insult to the founders. I mean, it's one of
- 30:01Speaker 1: the dumbest lines anybody said in a speech. What did
- 30:08Speaker 1: we fight World War two? Four people in a place
- 30:11Speaker 1: we just fought the boots? Did we really fight for
- 30:14Speaker 1: those Frenchmen? Really? I don't think anybody stormed the beaches
- 30:20Speaker 1: of Normandy for the sake of the French. We fought
- 30:24Speaker 1: for ideas, for freedom, freedom of our nation. Yeah, sure,
- 30:30Speaker 1: good freedom, an abstract idea.
- 30:34Speaker 3: And that is what we are defending a great civilization
- 30:38Speaker 3: that has every reason to be proud of its history,
- 30:40Speaker 3: confident of its future, and it aims to always be
- 30:42Speaker 3: the master of its own economic and political destiny.
- 30:46Speaker 1: And this is the thing. He mixes it up with
- 30:47Speaker 1: stuff that's good, so you've got awful stuff with good stuff.
- 30:50Speaker 1: And the next segment is pretty good, but it doesn't match.
- 30:56Speaker 1: It just sounds good and inspires, but it doesn't go together.
- 30:59Speaker 1: You can't say we don't don't fight for abstract ideas.
- 31:01Speaker 1: And they talk about abstract ideas as he's going to It.
- 31:05Speaker 3: Was here in Europe where the ideas that planted the
- 31:08Speaker 3: seeds of liberty that changed the world were born.
- 31:11Speaker 2: It was here in Europe.
- 31:12Speaker 1: And knows by the way of abstract ideas for a
- 31:14Speaker 1: member eight, and they were footful.
- 31:17Speaker 3: Where the world which gave the world the rule of law,
- 31:20Speaker 3: the universities, and the sign abstract ideas.
- 31:24Speaker 1: Rule of law, universities and scientific evolution, all abstract.
- 31:27Speaker 2: Ideas antific revolution.
- 31:29Speaker 3: It was this continent that produced the genius of Mozart
- 31:32Speaker 3: and Beethoven, of Dante and Shakespeare, of Michaelangelo and da Vinci,
- 31:38Speaker 3: of the Beatles and the Roman Stones. And this is
- 31:41Speaker 3: the place where the vaulted ceilings of the Sistine Chapel
- 31:45Speaker 3: and the tower inspires of the Great Cathedral God Christianity.
- 31:49Speaker 2: They testify not just.
- 31:50Speaker 3: To the greatness of our past or to a faith
- 31:52Speaker 3: in God that inspired these marvels. They foreshadow the wonders
- 31:57Speaker 3: that await us in our future.
- 32:00Speaker 1: Out for the most about that's pretty good, but again
- 32:02Speaker 1: in the context, it's completely contradicts what he said before.
- 32:08Speaker 1: It's annoying. It's frustrating because this speech could have been great,
- 32:14Speaker 1: and it's actually not very good, not just because of
- 32:18Speaker 1: its emphasis on religion, but because it keeps meandering into
- 32:21Speaker 1: this nationalistic nonsense. A blood and soil and a people
- 32:25Speaker 1: and a white civilization. All right, I am gonna skip.
- 32:37Speaker 1: He goes back to the industrialization. He talks about that.
- 32:41Speaker 1: He then talks about we defeated the godless communists. It
- 32:44Speaker 1: wasn't enough to say communists. There's godless in there too.
- 32:50Speaker 1: There's a there's a Let me just stay on this
- 32:53Speaker 1: for a minute. I think it's here. Maybe not. There
- 32:57Speaker 1: is a point where where he talks about we need
- 32:59Speaker 1: to be proud of our civilization. But let me see,
- 33:03Speaker 1: I'm gonna skip ahead. Quite a bit because we're running short.
- 33:08Speaker 1: M let's go to there. Let's see what he says here.
- 33:12Speaker 3: Oh, adversary will ever be tempted to test our collective strength.
- 33:16Speaker 3: This is why we do not want our allies to
- 33:18Speaker 3: be shackled by guilt and shame. This we want allies
- 33:20Speaker 3: who are proud of their culture and of their heritage,
- 33:23Speaker 3: who understand that we are heirs to the same great
- 33:25Speaker 3: and noble civilization, and who together with us, are.
- 33:28Speaker 2: Willing and able to defend it.
- 33:31Speaker 4: Yeah.
- 33:31Speaker 1: But the scary part of all of that is that
- 33:33Speaker 1: he can't define what the civilization is, what it means,
- 33:36Speaker 1: what it represents. Is it just white skin? Is a geography?
- 33:42Speaker 1: What exactly is that civilization? Where does it come from?
- 33:50Speaker 1: That he cannot define? I mean, where does he come from?
- 33:53Speaker 1: I guess the geographic terms you can tell you, But
- 33:55Speaker 1: he can't tell you in terms of ideologically where it
- 33:57Speaker 1: comes from.
- 33:57Speaker 3: And this is why we do not want allies to
- 33:59Speaker 3: rationalize the status quo rather than a recon wildard is
- 34:02Speaker 3: what is necessary to fix it. For we in America
- 34:06Speaker 3: have no interests in being polite and orderly caretakers of
- 34:10Speaker 3: the West's managed decline. We do not seek to separate,
- 34:14Speaker 3: but to revitalize an old friendship and renew the greatest
- 34:17Speaker 3: civilization in human history.
- 34:19Speaker 1: Greatest civilization in human history is absolutely white, non PC
- 34:24Speaker 1: and and and and really good. All right, let me skip.
- 34:27Speaker 1: There's one most segment I want to do, because pussibly,
- 34:31Speaker 1: because AOC comments on this in a little bit so
- 34:37Speaker 1: oh maybe.
- 34:38Speaker 3: In the Western hemisphere, but we will always be a
- 34:41Speaker 3: child of Europe.
- 34:45Speaker 1: One of the applause lines he gets our listener.
- 34:52Speaker 3: Began with an Italian explorer who's a venture into the
- 34:55Speaker 3: great unknown to discover a new world.
- 34:57Speaker 2: Brought Christianity to the Americas.
- 34:58Speaker 3: Christian became the legend define the imagination of our pioneer nation.
- 35:03Speaker 3: Our first colonies were built by English settlers, to whom
- 35:05Speaker 3: we owe not just the language we speak, but the
- 35:08Speaker 3: whole of our political and legal system. Our frontiers were
- 35:11Speaker 3: shaped by Scott's Irish, that proud, hardy clan from the
- 35:14Speaker 3: hills of Ulster, that gave us Davy Crockett and Mark
- 35:17Speaker 3: Twain and Teddy Roosevelt and Neil Armstrong.
- 35:20Speaker 1: You know what they mean by scott Irish, They mean Irish.
- 35:24Speaker 1: You are Protestants. There really isn't anything called scott Irish,
- 35:28Speaker 1: but they keep I mean some Scotch immigrated to island,
- 35:32Speaker 1: but scott Irish is kind of a bizarre combination. I
- 35:35Speaker 1: don't think they mean those Catholic Irish. They don't like those.
- 35:38Speaker 1: It's a Protestant Irish.
- 35:40Speaker 3: That the great Midwestern Heartland was built by German farmers
- 35:43Speaker 3: and craftsmen who transformed empty planes into a global agricultural
- 35:48Speaker 3: powerhouse and, by the way, dramatically upgraded the quality of
- 35:52Speaker 3: American beer.
- 35:54Speaker 1: A joke.
- 35:56Speaker 3: Our expansion into the interior followed the footsteps of French
- 35:59Speaker 3: fur traders and explore whose names, by the way, still
- 36:01Speaker 3: adorn the street signs and towns names all across the
- 36:04Speaker 3: Mississippi Valley. Our horses, our ranches, our rodeos, the entire
- 36:09Speaker 3: romance of the cowboy archetype that became synonymous with the
- 36:12Speaker 3: American West. These were born in Spain, and our largest
- 36:16Speaker 3: and most iconic city was named New Amsterdam before it
- 36:20Speaker 3: was named New York. And you know that in the
- 36:23Speaker 3: year that my country was founded.
- 36:26Speaker 1: So yeah, all that is true. We'll get to AOC's
- 36:29Speaker 1: comments on the cowboys later in a little bit, because
- 36:33Speaker 1: it's a funny comment In a stupid comment. So we've
- 36:36Speaker 1: got a few stupid comments. Wait AOC that we'll get
- 36:39Speaker 1: to in a little while. But yeah, this is all
- 36:43Speaker 1: you know, you Europeans, you built America, you created this
- 36:46Speaker 1: great nation. It's all because of people from Germany and
- 36:49Speaker 1: people from this and people from that. You know, there's
- 36:53Speaker 1: very little mention of actually there's actually zero mansion of
- 36:59Speaker 1: slaves slavery. Uh he he kind of during the talk,
- 37:04Speaker 1: he kind of really whitewashers uh empire building and and
- 37:10Speaker 1: kind of hawkins to a kind of a romantic uh,
- 37:17Speaker 1: a romanticism of it and a longing for it, a
- 37:20Speaker 1: longing for it. But again, no no mention of the
- 37:27Speaker 1: the Polls and the Eastern Europeans who came h No
- 37:31Speaker 1: mention came later and and and and what important the building.
- 37:35Speaker 1: No mentions of the Jews, no mentions of the blacks.
- 37:38Speaker 1: I mean, once you get into this game of ethnic groups,
- 37:41Speaker 1: I mean he didn't yet, I mean, how how do
- 37:44Speaker 1: you how do you keep going? How do you there's
- 37:46Speaker 1: no limit to it, right, And of course certainly no
- 37:51Speaker 1: mention of anybody coming in from south of the border,
- 37:55Speaker 1: many of whom we we inhabited when we took Texas
- 37:59Speaker 1: and New Mexico and Arizona and California, which already had
- 38:03Speaker 1: populations there of of both you know, Indians and and
- 38:11Speaker 1: and Latin Americans, but you know, call them Latin Americans.
- 38:15Speaker 1: So none of that, None of that matters. It's just
- 38:18Speaker 1: these these few European things to oh, to bond us,
- 38:22Speaker 1: to make us whole, to make us together, uh, to
- 38:25Speaker 1: bond us together. It's you know, it's it's the soft
- 38:34Speaker 1: and nice version of the Christian nationalist, national conservative messaging.
- 38:43Speaker 1: It's the soft and nice and and feel good version
- 38:47Speaker 1: we should do for the Europeans of the I think
- 38:52Speaker 1: ultimately racist vision of the New Rights. Marco Rubio is
- 39:02Speaker 1: the soft and cuddling new right. JD. Vance is the
- 39:05Speaker 1: hard and stern New Right. But they all agree at
- 39:10Speaker 1: the heart of America, at the heart of the West
- 39:13Speaker 1: is Christianity. At the heart of America, at the heart
- 39:15Speaker 1: of the West is being white. I e. European ideas
- 39:24Speaker 1: are best at the margin. They're not that important, particularly
- 39:28Speaker 1: when they're embraced white people are not white. And this
- 39:32Speaker 1: is particularly interesting given that you know, Rubio himself is
- 39:36Speaker 1: not exactly well, I mean, I guess he's his heritage
- 39:39Speaker 1: is European, even though of course he's he's a son
- 39:43Speaker 1: of immigrants from Cuba. From that Munich Defense confidence, Marco
- 39:51Speaker 1: reheaded to visit two countries, only two countries, Slovakia and
- 39:58Speaker 1: the Hungary. The two countries who is prime ministers are
- 40:02Speaker 1: associated within you right, who are fans of Vladimir Putin,
- 40:07Speaker 1: who are thrones at the site of Europe, and who
- 40:10Speaker 1: are part of this Christian nationalist right conservative movement in Hungary.
- 40:22Speaker 1: Marcol Rubya basically said, now Oban is facing an election
- 40:26Speaker 1: I think in two months where Poles show he's going
- 40:29Speaker 1: to lose. Marco Rubio today said that Obon will always
- 40:36Speaker 1: receive help from the United States, that the United States
- 40:39Speaker 1: is committed to helping Oban, Oban to helping Hungry in
- 40:43Speaker 1: a financial crisis or any economic challenge as long as
- 40:47Speaker 1: Obon is its leader. In other words, the United States
- 40:51Speaker 1: sent a clem message to the voters of Hungary that
- 40:56Speaker 1: they will be better off and the United States is
- 41:00Speaker 1: willing to support that with money if Oban wins. So
- 41:04Speaker 1: the United States is directly intervening in an election. Of course,
- 41:07Speaker 1: Fico and Oban are two of the worst anti Western
- 41:14Speaker 1: civilization leaders in Europe, the most again Christian nationalist conservatives.
- 41:22Speaker 1: So you can see a way his heart really lies.
- 41:24Speaker 1: What it really means. He's not talking about we belong
- 41:29Speaker 1: together to you know, the leaders of Germany and France
- 41:33Speaker 1: and the Dutch and the Spanish and whatever. He's talking
- 41:37Speaker 1: to his allies, the new right. The whole speech is
- 41:41Speaker 1: targeted at the AfD and the right wing in France
- 41:47Speaker 1: and the right wing all over Europe. It was not
- 41:49Speaker 1: targeted at anything else. Aban and Putin are great. Well
- 41:56Speaker 1: you an anti American. I mean, if you think all
- 42:00Speaker 1: about inputsing it a great then you hate America. Basically,
- 42:05Speaker 1: That's all all one can say. As I said Rubio,
- 42:11Speaker 1: Rubio got what he wanted. I mean he got as
- 42:14Speaker 1: he got standing ovations. This was considered a huge, huge success.
- 42:20Speaker 1: Uh and for for Rubio. So all right, let's jump ahead.
- 42:28Speaker 1: Let's jump to talking about AOC. EOC had major appearance
- 42:34Speaker 1: in in at the billins she had. It looks like
- 42:38Speaker 1: two different, two different panels. Can they you back and
- 42:47Speaker 1: bugging the chat? I'm gonna have to put you on
- 42:50Speaker 1: time out again. Let's uh, let's take a look at AOC.
- 42:56Speaker 1: So we've done the right, let's do the left. All right,
- 43:02Speaker 1: So this is we'll start with a comment about Yeah,
- 43:08Speaker 1: I mean I think this is the we'll start with
- 43:11Speaker 1: I think this is the comment about cowboys. Uh, we'll
- 43:15Speaker 1: start with that, and then we'll go to some of
- 43:17Speaker 1: the other comments. Uh in this that all This one,
- 43:22Speaker 1: this one is the most meaningful one, I think, and
- 43:25Speaker 1: it shows that both the ignorance and and and stupidity.
- 43:28Speaker 1: But here it is, let's play this. This is AOC
- 43:32Speaker 1: making a farm policy.
- 43:33Speaker 4: To w you are starting to see the ascent of
- 43:38Speaker 4: the right, even in places like Munich. Marco Rubio's speech
- 43:44Speaker 4: was a pure appeal to Western culture, not.
- 43:50Speaker 1: That actually does air what do you call it, tags
- 43:53Speaker 1: on Western culture and the way she says western culture
- 43:56Speaker 1: as if that's a bad thing. Appealing to Western culture. Now,
- 43:59Speaker 1: I agree that the way Rubio did it was basically
- 44:04Speaker 1: an appeal to blood and soil kind of nationalist racism.
- 44:09Speaker 1: But you know, she's just assuming that everybody gets that. Quotes,
- 44:13Speaker 1: thank you quotes she does quotes scare quotes for Western
- 44:17Speaker 1: cultures if such a thing doesn't exist.
- 44:19Speaker 4: My favorite part was when he said that American cowboys
- 44:23Speaker 4: came from Spain. I believe the Mexicans and descendants of
- 44:32Speaker 4: African slave and slave people's would like to have a word.
- 44:36Speaker 1: That's pretty funny and pretty stupid, because the reality is
- 44:40Speaker 1: that first Mexican culture is very much Spanish. Cowboys are
- 44:45Speaker 1: known for writing horses. Horses came from Where horses came from?
- 44:52Speaker 1: I mean, there is this image of American Indians riding
- 44:56Speaker 1: horses over the plaines and maybe Mexican Indians riding horses
- 45:02Speaker 1: over the plains the indigenous people. But but, but horses
- 45:07Speaker 1: came from Europe. Asia really ultimately the plains of Asia.
- 45:14Speaker 1: So horses are Asian and came to America. Of our Europe.
- 45:20Speaker 1: It's the Spanish who brought horses to America and to
- 45:24Speaker 1: the Indians, it is the Spanish who basically host writing
- 45:30Speaker 1: was a Spanish thing so to the extent, and Mexicans
- 45:33Speaker 1: rounded up cattle on horses. They did it because the
- 45:36Speaker 1: Spanish influence. So Rubio is actually right if you want
- 45:40Speaker 1: to trace it back then. But and what did what
- 45:43Speaker 1: exactly did African slaves have to do with being cowboys?
- 45:48Speaker 1: How did they have any say or any any influence
- 45:52Speaker 1: on being cowboys? They were slaves, So I don't know
- 45:59Speaker 1: what his she's reading that has American cowboys being created
- 46:04Speaker 1: by Mexicans who are not Spanish and slaves black Americans.
- 46:11Speaker 1: I mean, just bizarre nonsense, right, she's just she's just
- 46:17Speaker 1: making stuff up. We'll see that again later. Uh, there was,
- 46:20Speaker 1: there was, you know, there's no there there on that.
- 46:27Speaker 5: But you know, I think it's also important to note
- 46:33Speaker 5: how thin that foundation is.
- 46:37Speaker 1: Thin.
- 46:38Speaker 4: Culture is changing, culture always changed.
- 46:42Speaker 5: Culture for the entire history.
- 46:44Speaker 4: Of human civilization has been a fluid, evolving thing that
- 46:49Speaker 4: that is a response to the conditions that we live in.
- 46:52Speaker 1: And so what's missing from that definition of culture, which
- 46:56Speaker 1: Marco Rubio didn't include either. What's missing in that is ideas, philosophy, thought, principles, ideas.
- 47:08Speaker 1: Culture is downstream from philosophy, cultures downstream from ideas, cultures
- 47:15Speaker 1: downstream from the intellectuals. So yes, it's constantly evoving as
- 47:21Speaker 1: ideas evolve, and yes, of other influences on culture, not
- 47:25Speaker 1: just ideas, but ideas are the crucial element that neither
- 47:29Speaker 1: Rubio nor Ao c understand. And what does she mean
- 47:32Speaker 1: it's thin? What is thin? Where does she get this
- 47:36Speaker 1: thinness from culture? Is that the Western culture thin? I
- 47:41Speaker 1: mean it's rich and robust, and so much is happening
- 47:45Speaker 1: in Europe, whether you understand its causes or not. You
- 47:47Speaker 1: can't call Western culture thin. There are a lot of
- 47:51Speaker 1: other cultures you can go thin.
- 47:55Speaker 5: They want to take this mantle of culture.
- 47:58Speaker 4: At the end of the day, though, is she.
- 48:02Speaker 1: Doesn't know what she's talking about. It it's very thin.
- 48:05Speaker 1: She keeps coming back to thins.
- 48:06Speaker 4: So the response that we have to have is again,
- 48:10Speaker 4: it's material, it's class based.
- 48:12Speaker 1: Okay, watch this, this is important. Now know what she's
- 48:15Speaker 1: going with this, So you know, this is the most
- 48:19Speaker 1: explicit I've seen AOC actually articulate her fundamental ideology. This
- 48:28Speaker 1: is deep.
- 48:29Speaker 4: You have to have is again, it's material, it's class based,
- 48:34Speaker 4: it's common interest.
- 48:35Speaker 1: What is material? Class based common interest? Material class based
- 48:42Speaker 1: common interest? Where does that come from? That's straight out
- 48:45Speaker 1: of marx That's straight out of traditional Marxism. I mean,
- 48:50Speaker 1: what I think is happening on the left is they
- 48:52Speaker 1: were abanding, woke, the banning even identity politics to some extent,
- 48:57Speaker 1: maybe all in the name of returning to their roots,
- 49:04Speaker 1: returning to a Marxist class based ideology the working class.
- 49:10Speaker 1: And I think you'll see that more. I think you
- 49:12Speaker 1: saw that with Mom Donnie, who emphasized these kind of issues.
- 49:17Speaker 1: And you'll see others focused on this, and I think
- 49:20Speaker 1: that it's this, it's this yeah, Marxist collectivism, which is
- 49:29Speaker 1: really the driving force or what they're relying on. Once
- 49:33Speaker 1: they realize that woke intersectionality and all that stuff no good.
- 49:41Speaker 1: Maybe they're also woke still, but that deemphasizing it, that
- 49:46Speaker 1: deemphasizing it.
- 49:47Speaker 4: There was certainly more openness to what I was saying
- 49:51Speaker 4: than probably there would be in years past.
- 49:54Speaker 5: We can't underestimate the appeal of.
- 49:58Speaker 4: Going back to these well worn grooves.
- 50:03Speaker 5: A lot of.
- 50:05Speaker 4: What we talk about when we talk about a class
- 50:10Speaker 4: based internationalist perspective also means ending the hypocrisy towards the
- 50:15Speaker 4: global set.
- 50:16Speaker 1: It's a class based international perspective global south. All like
- 50:23Speaker 1: hearkening back to thirty forty years ago, to a Bonie Sanders.
- 50:28Speaker 1: I mean, it's not thirty forty years AGO's Bernie Sanders
- 50:30Speaker 1: was here, not that long ago kind of a Bonie
- 50:33Speaker 1: Sanders left. Bonnie Sanders was never really woke. Bonie Sanders
- 50:38Speaker 1: was always more Marxist than woke. And this is really
- 50:42Speaker 1: a hearkening back to the Marxist foots to the Marxist foods,
- 50:48Speaker 1: but Western civilization it's thin. The other thing you'll notice,
- 50:51Speaker 1: you and you'll see in other clips as well. She
- 50:54Speaker 1: can barely speak. Usually she's fluid, she's on top of things.
- 50:58Speaker 1: She's she's not an idiot, but this is all new stuff.
- 51:03Speaker 1: I don't know. She's uncomfortable here. Obviously, she doesn't know
- 51:08Speaker 1: how to articulate international affairs. She's ignorant. And you know,
- 51:15Speaker 1: this is not a good launch for whatever presidential ambitions
- 51:20Speaker 1: she might have. Okay, here's another one.
- 51:23Speaker 4: Isn't just about a presidential election. Personally, I think that
- 51:29Speaker 4: the United States has an obligation to uphold its own laws,
- 51:33Speaker 4: particularly Hey laws. And I think that personally that the
- 51:40Speaker 4: idea of completely unconditional aid no matter what one does,
- 51:44Speaker 4: does not make sense. I think it enabled a genocide
- 51:47Speaker 4: in Gaza, and I think.
- 51:49Speaker 1: That we have see here's she's perpetuating the perpetuating you know,
- 51:56Speaker 1: the Gaza, the Gaza genocide mythology. She is bought into that,
- 52:01Speaker 1: she is repeating it. We don't want unconditional, unconditional age
- 52:06Speaker 1: to Israel. Again, playing into playing into the Hamas loving left,
- 52:11Speaker 1: which is part of so it's not really playing into
- 52:13Speaker 1: that's part of what she's talking about. Just to be clear,
- 52:16Speaker 1: there was no genocide in Gaza. We've got an expert
- 52:20Speaker 1: on this coming on the show in a few weeks
- 52:23Speaker 1: to talk about whether there was a genocide in Gaza,
- 52:26Speaker 1: and we'll get into the details of what that is.
- 52:29Speaker 1: But she is repeating the myth, the mythology. The myth
- 52:35Speaker 1: will continues two more clips. Listen to this this is
- 52:42Speaker 1: you know, try to understand what she's actually shaying.
- 52:45Speaker 5: I think what.
- 52:46Speaker 4: We identify is that in a rules based order, hypocrisy
- 52:51Speaker 4: is vulnerability, and so I think what we are seeking
- 52:55Speaker 4: is a return to a rules based order that eliminates
- 52:58Speaker 4: the hypocrisies around when too often in the West we'd
- 53:03Speaker 4: look the other way for inconvenient populations.
- 53:09Speaker 5: To act out these paradoxes.
- 53:12Speaker 1: I think, what paradoxes? What is she talking about? Now
- 53:15Speaker 1: I know what she's really talking about. She's talking about, Oh,
- 53:18Speaker 1: the rule based order was to benefit the global North
- 53:21Speaker 1: at the expense of the global South and allowed the
- 53:23Speaker 1: global North to to exploit the global South. That's what
- 53:27Speaker 1: she's talking about. But she can't actually articulate a sentence.
- 53:30Speaker 1: It's bla blah blah blah blah, what's solid nonsense. She's
- 53:34Speaker 1: going around in circos and finally, you know, just to
- 53:40Speaker 1: show more of her just ignorance. I mean, I mean,
- 53:45Speaker 1: this is kind of ignorance. That is someone understandable but
- 53:48Speaker 1: still funny. So I thought i'd show it to you.
- 53:51Speaker 1: So this is regarding Venezuela.
- 53:54Speaker 5: You know, we look at what happened in Venezuela. For example,
- 53:58Speaker 5: it is not a.
- 54:02Speaker 1: Is.
- 54:02Speaker 4: It is not a remark on a sentence. Magudo was
- 54:07Speaker 4: as a leader, He canceled elections. He was an anti
- 54:10Speaker 4: democratic leader. That doesn't mean that we can kidnap ahead
- 54:13Speaker 4: of state and engage in acts.
- 54:16Speaker 5: Of war just because the nation is below the equator.
- 54:20Speaker 1: And she got a big, big ovation for that, almost
- 54:24Speaker 1: as big as Rubios. Here's the problem, though, Venezuela is
- 54:30Speaker 1: above the equator, above the equata. Here's a map the
- 54:37Speaker 1: equata is that you know, is this black line just
- 54:42Speaker 1: underneath Venezuela. It turns out its above Venezuela and Colombia
- 54:47Speaker 1: above the equator. So she needs a geography class, not
- 54:52Speaker 1: just a history class, an economics class, in a philosophy class,
- 54:56Speaker 1: just the simple stuff of little things like that just
- 54:58Speaker 1: make it look stupid. Oh, you know, she's gonna she's
- 55:04Speaker 1: gonna run for president. She needs. I don't think she
- 55:06Speaker 1: is stupid. I've told you in the past. I don't
- 55:09Speaker 1: think AOC is stupid. I think she's ignorant, and I
- 55:13Speaker 1: think she's evil and wrong and evasive and everything else.
- 55:17Speaker 1: But I don't think she's stupid. So I think between
- 55:19Speaker 1: now and twenty twenty eight, she's gonna have to brush
- 55:22Speaker 1: up on her geography, on an international stuff. I think
- 55:25Speaker 1: she'll get better on this stuff. But little stuff like
- 55:28Speaker 1: this is just it's just fought up for the Internet
- 55:31Speaker 1: to make fun of you, which it is actively doing
- 55:34Speaker 1: right now as we speak. Anyway, those are the speeches
- 55:44Speaker 1: Mexico equals equator. No, no, that's not true. The Equator's
- 55:47Speaker 1: below Mexico, way below Mexico. So those are the speeches
- 55:56Speaker 1: that the Munich Defense Defense Conference be confidence. A lot
- 56:01Speaker 1: of people go uh and uh. You know, we saw
- 56:05Speaker 1: Rubio representing the American new right. We saw AOC representing
- 56:10Speaker 1: the American far left, old left, maybe maybe a return
- 56:15Speaker 1: to the old left of Marxism, explicitly Marxist talking about
- 56:19Speaker 1: talking about you know, classes talking about Global South, talking
- 56:23Speaker 1: about the things that they used to talk about when
- 56:26Speaker 1: they used to talk about old left. You didn't you
- 56:28Speaker 1: didn't have a use the kind of the new left
- 56:32Speaker 1: terminologies that we typically that we typically get. I. Before
- 56:38Speaker 1: we leave the topic completely, I want to talk a
- 56:40Speaker 1: little bit about about this issue of of of culture.
- 56:44Speaker 1: Uh that Marco Rubio talks about Western culture because Elon
- 56:47Speaker 1: Musk posted the following for a country to survive, there
- 56:53Speaker 1: has to be a common culture. Nobody dies to defend
- 56:56Speaker 1: a multicultural economic zone because if that is the option, right,
- 57:02Speaker 1: he goes on, American culture, with its English, Scots Irish origin,
- 57:07Speaker 1: is great and worth fighting for. Some may not realize it,
- 57:12Speaker 1: but that's what people come here. That's why people come here.
- 57:17Speaker 1: For the English, Scottish Irish stuff. That's why they come here.
- 57:23Speaker 1: So it is true that the ideas coming out of
- 57:27Speaker 1: England and to some extent Scotland, to far less extent Island,
- 57:33Speaker 1: shape the founding of America. As that ideas coming out
- 57:37Speaker 1: of God forbid, but true fans. Indeed, if you look
- 57:42Speaker 1: at the if you look at the Federalist papers, the
- 57:45Speaker 1: most cited intellectuals in the Federalist papers, I believe is monuscule.
- 57:50Speaker 1: A Frenchman, a French philosopher, thinker of the Enlightenment, and
- 57:57Speaker 1: the ideas, even the ideas that would develop up in
- 58:01Speaker 1: England during this period and Scotland during this period, we'll
- 58:06Speaker 1: heap of the influenced by the thinking that was going
- 58:09Speaker 1: on really all over Europe the thinking of the Enlightenment.
- 58:14Speaker 1: Now Britain, without a doubt, had a much larger share
- 58:19Speaker 1: of that than any other country. Maybe you know fans,
- 58:27Speaker 1: but Fans in England is really the core of Enlightenment thinking.
- 58:33Speaker 1: But that combined with influencers from Amsterdam. Certainly you can't
- 58:38Speaker 1: imagine an Enlightenment without Amsterdam, if only for the printing
- 58:41Speaker 1: presses they had there where they had relatively freedom to
- 58:44Speaker 1: print whatever they wanted. Was in France and everywhere else
- 58:47Speaker 1: there was real censorship, including in England, without contributions of
- 58:52Speaker 1: certain German thinkers, without contributions of really thinkers all over,
- 58:56Speaker 1: and you know the financial support of Catherine the Great
- 59:00Speaker 1: who financially supported many of the French Enlightenment thinkers. I mean,
- 59:07Speaker 1: the project of the Enlightenment was a pan European project,
- 59:11Speaker 1: and the ideas, the good ideas that came out of
- 59:14Speaker 1: the Enlightenment were a pan European ideas, including by the way,
- 59:20Speaker 1: from the United States. The United States, the intellectuals in
- 59:24Speaker 1: the US, people like Benjamin Franklin, went constant communication with
- 59:29Speaker 1: letters with the intellectuals in Europe. But here's the thing
- 59:35Speaker 1: about American culture, not its origins in English, Scottish, Irish,
- 59:40Speaker 1: it's just bs. The thing about American culture is that
- 59:47Speaker 1: it is based on the great thinkers, on John Locke,
- 59:54Speaker 1: but also on the deists in Europe on you know,
- 1:00:01Speaker 1: all the way back to Spinoza and Voltaire and many
- 1:00:05Speaker 1: of the French thinkers Monsque and Didreaux and others. It's
- 1:00:10Speaker 1: the ideas, the ideas, and then what happened in America.
- 1:00:18Speaker 1: And this is the beauty of American culture. This is
- 1:00:20Speaker 1: what made American great is they took these ideas and
- 1:00:23Speaker 1: they embedded it into our political institutions, and that embedded
- 1:00:27Speaker 1: it into the culture. And that allowed people to come
- 1:00:29Speaker 1: from anywhere, including Italy Sicily, let's say, where there were
- 1:00:35Speaker 1: no there was no real Enlightenment, or very little, or
- 1:00:40Speaker 1: Spain which wasn't a big player in the Enlightenment, or
- 1:00:45Speaker 1: Poland same and often the people coming to America from
- 1:00:50Speaker 1: these places, including all those Germans that marcol Rubia talked about.
- 1:00:54Speaker 1: That people coming to America from all these places. They
- 1:00:58Speaker 1: were intellectual ever read John Locke. They didn't know about
- 1:01:02Speaker 1: the French Enlightenment. They were ignorant farmers, most of them poor, uneducated.
- 1:01:12Speaker 1: But because these ideas were now embedded in the institutions
- 1:01:15Speaker 1: of America, in the principles on which it was founded,
- 1:01:20Speaker 1: they were embraced by these people, not intellectually necessarily, but
- 1:01:24Speaker 1: in spirit. And that's what made America. That's what made
- 1:01:28Speaker 1: what I mean called the American sense of life. It
- 1:01:31Speaker 1: was that spirit of individualism, the spirit of adventure, the
- 1:01:38Speaker 1: spirit of independence, the spirit of thinking for oneself, independence,
- 1:01:47Speaker 1: a spirit of you know, of people willing to go
- 1:01:53Speaker 1: out into the wilderness and start something new, or to
- 1:01:56Speaker 1: start an industry in the midst of a populated East coast.
- 1:02:05Speaker 1: It animated the immigrants who came to America. And those
- 1:02:08Speaker 1: immigrants came from all over Europe, and many of them,
- 1:02:13Speaker 1: most of them were not English, Scot Irish. And it
- 1:02:19Speaker 1: didn't matter to anybody that the spirit was English, that
- 1:02:23Speaker 1: the ideas originally some of them, maybe even a significant
- 1:02:27Speaker 1: number of them came from England and Scotland. Again, none
- 1:02:30Speaker 1: of them came from Ireland. So they came here and
- 1:02:39Speaker 1: they embraced the ideas and they became Americans, and they
- 1:02:43Speaker 1: contributed to American culture, to growing it, to deepening it.
- 1:02:50Speaker 1: And that is also true of the immigrants who came
- 1:02:53Speaker 1: and the immigrants, the people who were in a sense
- 1:02:56Speaker 1: taken over. You know, the Mexicans who came with Texas
- 1:02:59Speaker 1: and came over the border. South Americans have emigrated here
- 1:03:04Speaker 1: over generations and generations. It was true of the Chinese
- 1:03:08Speaker 1: who came over. Now we stopped them from coming over
- 1:03:11Speaker 1: with the Chinese Exclusion Act in the eighteen nineties, but
- 1:03:15Speaker 1: out of pure racism, nothing else. So American culture are
- 1:03:22Speaker 1: the true ideas that came from Europe, but they're not
- 1:03:28Speaker 1: part of the color of European skin. They're not associated
- 1:03:34Speaker 1: with particular nations. I mean, if American culture, if everything
- 1:03:38Speaker 1: about America is English, Scottish, Irish, then why the revolution?
- 1:03:44Speaker 1: I mean, we were part of English Scotting Island, we
- 1:03:47Speaker 1: are part of the United Kingdom. Why not just stay
- 1:03:49Speaker 1: part of the United Kingdom. It's because those ideas were
- 1:03:55Speaker 1: not being implemented by the British Empire. They were not
- 1:03:59Speaker 1: being implemented by the UK. And the founders of this
- 1:04:02Speaker 1: country didn't think, oh, we need an alternative English Scottish
- 1:04:06Speaker 1: Irish culture. No, they thought, we need to take these
- 1:04:08Speaker 1: ideas seriously and implement them in a new place and
- 1:04:13Speaker 1: in that sense make them available to anybody who is
- 1:04:15Speaker 1: willing to live by them. And that's what made American culture.
- 1:04:24Speaker 1: So you know, right now there all this stuff that
- 1:04:27Speaker 1: the White there's a White Paper Policy Institute is come
- 1:04:30Speaker 1: out with this statement, twelve percent of Nicaraguans now live
- 1:04:35Speaker 1: in the United States. Twelve percent of Nicoaguans. Of the
- 1:04:37Speaker 1: entire population of Icago, twelve percent of it lived in
- 1:04:40Speaker 1: the United States. Is about eight hundred and seventy thousand people.
- 1:04:43Speaker 1: Fifty percent of them arrive between twenty twenty and twenty
- 1:04:46Speaker 1: twenty four. Seven percent of Nicagan population left and entered
- 1:04:51Speaker 1: the United States in just four years. Seven percent. Isn't
- 1:04:55Speaker 1: that stunning? Of course, it ends the post with American
- 1:04:59Speaker 1: needs ma fast deputation. Well, it turns out then eighteen
- 1:05:04Speaker 1: ninety about twenty percent of Irish people in the world
- 1:05:09Speaker 1: lived in or had recently arrived in the United States.
- 1:05:13Speaker 1: Twenty percent but that's okay because they're white. In nineteen ten,
- 1:05:20Speaker 1: about fifteen percent of Italians from Italians who lived all
- 1:05:25Speaker 1: over the world, fifteen percent of them lived in the
- 1:05:29Speaker 1: United States. This is a feature of our country. We
- 1:05:36Speaker 1: attract people from all over the world, and we attract
- 1:05:39Speaker 1: them in large numbers, and they form communities and they
- 1:05:42Speaker 1: bring in their cousins and their relatives because life here
- 1:05:44Speaker 1: is better, and people come here because it's better. And
- 1:05:47Speaker 1: the ones who stay home are the risk of verse ones,
- 1:05:50Speaker 1: the ones not willing to take the risk, and that's fine.
- 1:05:52Speaker 1: But the ones who come are the ones that are
- 1:05:54Speaker 1: willing to take risks. So yay for the twelve percent
- 1:05:58Speaker 1: of Nicaraguans who are willing to leave Corugo and come
- 1:06:00Speaker 1: to live in America. Isn't that pretty cool? And remember
- 1:06:04Speaker 1: those days in eighteen ninety the Irish who considered scum,
- 1:06:08Speaker 1: they were considered only part human. When the Irish came
- 1:06:13Speaker 1: to Boston, nobody would hire them. There's that movie, what's
- 1:06:18Speaker 1: that movie with Tom Cruise about the Irish immigrants into
- 1:06:22Speaker 1: the United States. I forget, uh, I forget you know
- 1:06:28Speaker 1: the name of it? God, I can think of of
- 1:06:32Speaker 1: themes and the same with Italians and Faunaway, thank you,
- 1:06:37Speaker 1: thank you Ian Faunaway. Watch Faunaway. It's a good movie.
- 1:06:40Speaker 1: Watch it and you'll see how the Irish retreated when
- 1:06:42Speaker 1: they came to America, or the Italians, and fifteen percent
- 1:06:46Speaker 1: of Italians globally lived in the United States. And they
- 1:06:49Speaker 1: you know what they brought with them, They bought the mafia.
- 1:06:52Speaker 1: These are violent immigrants, a very small part of them.
- 1:06:58Speaker 1: But of course the people who hated them emphasized that
- 1:07:05Speaker 1: today today, as of right now, eighty six percent of
- 1:07:13Speaker 1: all Irish, all people in the world who identify themselves
- 1:07:16Speaker 1: as Irish, eighty six percent don't live in Ireland. They
- 1:07:23Speaker 1: live in the United States. They live in the United States.
- 1:07:29Speaker 1: Now this is based on self identification, so I don't
- 1:07:32Speaker 1: think it's based on twenty three and meters genetic stuff.
- 1:07:35Speaker 1: But it's about thirty two point four million people from
- 1:07:40Speaker 1: Irish descent. They live in the United States. There's a
- 1:07:44Speaker 1: lot less than thirty two four four million people living
- 1:07:47Speaker 1: in Ireland. Is that a problem? Does anybody care? So? What?
- 1:07:59Speaker 1: And of course, what does it mean to be from Ireland?
- 1:08:02Speaker 1: Is that the Protestant Irish or the Catholic Irish does
- 1:08:06Speaker 1: it matter. Does anybody care about that Northern Ireland, Southern
- 1:08:09Speaker 1: Ireland Irish people who originally came from England, or from Scotland,
- 1:08:14Speaker 1: Scottish Irish, English Irish or Irish Irish that can go
- 1:08:19Speaker 1: back many many, you know, a thousand years on the
- 1:08:22Speaker 1: same Irish soil. Do we care? Does it matter? Only
- 1:08:26Speaker 1: if you're a frigging racist. So No, America is not
- 1:08:37Speaker 1: a culture based on an ethnic group. It's influenced by
- 1:08:40Speaker 1: the ideas developed by certain people at a certain time,
- 1:08:45Speaker 1: and not all people, and not ideas that necessarily were
- 1:08:49Speaker 1: embraced by all people. This is the country founded on
- 1:08:56Speaker 1: the ideas of great intellectuals. They happen to be British
- 1:09:01Speaker 1: and French and Scottish Scottish. But those ideas would have
- 1:09:07Speaker 1: never coming to being if not of ideas that were previously
- 1:09:11Speaker 1: generated in France and in Amsterdam and in Germany and
- 1:09:14Speaker 1: other places. God, how do we how do we eradicate
- 1:09:21Speaker 1: just this ethnocentric, racist perspective on the world, this tribalism
- 1:09:32Speaker 1: which is eating this country and this world and is
- 1:09:35Speaker 1: going to destroy Western civilization. Western civilization is the negation
- 1:09:41Speaker 1: of tribalism. Western civilization is reason and individualism, the negation
- 1:09:50Speaker 1: of Christianity, mysticism, and collectivism. That's Western civilization. Reason, individualism,
- 1:10:01Speaker 1: political freedom, that's what it means. And every time we
- 1:10:05Speaker 1: go to ethnic groups, nationalities, national origins, heritage Americans, we
- 1:10:12Speaker 1: are undermining and destroying the very, very very concept of
- 1:10:18Speaker 1: what it means to be an American, what America means,
- 1:10:21Speaker 1: and what Western civilization means. We're undermining Western civilization in
- 1:10:27Speaker 1: the name of defending it. All right, talk about destroying
- 1:10:39Speaker 1: Western civilization in America. You remember when you remember when
- 1:10:44Speaker 1: when Obama Biden Biden hard to remember, Biden's name is
- 1:10:49Speaker 1: so obnoxious. I acknowledge racism has no limits. Went to
- 1:11:01Speaker 1: three things. Acknowledge racism towards white Yeah, there's racism towards white.
- 1:11:05Speaker 1: Stop it. The way to stop racism towards white is
- 1:11:09Speaker 1: stop being a racist. If you're white, you only you're
- 1:11:13Speaker 1: only encouraging it. You want to stop racism, start with yourself,
- 1:11:18Speaker 1: Start with the way you talk, Start with the people
- 1:11:20Speaker 1: you support, Start with the politicians you have influence on.
- 1:11:25Speaker 1: You want to stop racism, stop being a racist. Yeah,
- 1:11:31Speaker 1: there's lots of racism in the world, Racism against whites,
- 1:11:33Speaker 1: against blacks against Jews, against every ethnic group out there.
- 1:11:39Speaker 1: But when you identify America as Irish, English, Scottish, you're
- 1:11:44Speaker 1: playing into the hands of the racists. So you want
- 1:11:50Speaker 1: to get rid of racism. Stop playing into the hands
- 1:11:53Speaker 1: of racism. Pop, stop being a racist yourself. Stop identifying
- 1:11:57Speaker 1: as white. I don't know what that means. White identity
- 1:12:02Speaker 1: is bullshit, so stop it. It's always excuses. Oh they're
- 1:12:12Speaker 1: more racist than I am. Well yeah, okay, so what
- 1:12:15Speaker 1: stop being a racist. You're all a bunch of racists.
- 1:12:18Speaker 1: From my perspective, left right and much of the center,
- 1:12:22Speaker 1: a bunch of ethno racists. Individualism judge individuals based on
- 1:12:29Speaker 1: their character, based on their ideas, based on their actions.
- 1:12:38Speaker 1: And remember that not that long ago, Irish Italian Spaniards
- 1:12:41Speaker 1: weren't even considered Europeans. I mean they were consider Europeans.
- 1:12:44Speaker 1: Weren't even considered white. There were non white Europeans anyway.
- 1:12:50Speaker 1: Remember when Biden sent his bureaucrats to Twitter and to
- 1:12:58Speaker 1: Facebook to tell them that they had to play by
- 1:13:03Speaker 1: the rules visa v COVID, in other words, try to
- 1:13:08Speaker 1: and try to get information about you know, and people
- 1:13:12Speaker 1: freaked out. Censorship, censorship and it's amazing to me that
- 1:13:26Speaker 1: you know that, and it was. It was terrible. It
- 1:13:28Speaker 1: was one of the worst things, maybe the worst things,
- 1:13:30Speaker 1: the Biden administration did, undermining the First Amendment by trying
- 1:13:34Speaker 1: to limit what couldn't couldn't be published, not the platforms
- 1:13:37Speaker 1: making decisions. I'm all for and will defend the platform's
- 1:13:43Speaker 1: rights to make decisions, make decisions about what to publish
- 1:13:53Speaker 1: and what not to publish. They can platform or deep
- 1:13:57Speaker 1: platform anybody they want. The private property government stay out.
- 1:14:02Speaker 1: But if you take that stand with the gat to
- 1:14:04Speaker 1: what Biden did, you've got to take the stand now
- 1:14:06Speaker 1: with the gut to what Trump is doing. So turns
- 1:14:10Speaker 1: out that Deuce Department of Homeland Security has expanded its
- 1:14:16Speaker 1: efforts to identify Americans like me and some of you
- 1:14:21Speaker 1: who oppose immigration and customer enforcement in recent months, sending
- 1:14:26Speaker 1: tech companies including Google, Reddit, Discord, and Meta, who owns
- 1:14:32Speaker 1: both Facebook and Instagram, hundreds of administrative subpoenas, which consist
- 1:14:37Speaker 1: of legal requests for names, email addresses, telephone numbers, and
- 1:14:43Speaker 1: other identifying data behind social media accounts the track or
- 1:14:48Speaker 1: notice this or criticize ongoing immigration operations by the Trump administration.
- 1:14:56Speaker 1: Four government officials and tech employee and tech employees privy
- 1:15:01Speaker 1: to the requests have told The New York Times, and
- 1:15:07Speaker 1: it turns out that Reddit, Meta and Google have voluntarily
- 1:15:12Speaker 1: complied with some of the requests identifying details of users
- 1:15:19Speaker 1: critical of the Immigration and Customs enforcement of ICE. They
- 1:15:25Speaker 1: have my name. Oh my god, I think they know me.
- 1:15:30Speaker 1: You already. If you don't find this unbelievably scary, If
- 1:15:39Speaker 1: you don't think this is as worse or worse they
- 1:15:43Speaker 1: were bidened in with Twitter and Facebook and others, then
- 1:15:47Speaker 1: I don't know what's wrong with you, guys. This is
- 1:15:52Speaker 1: authoritarianism on steroids. This is a massive violation of free speech.
- 1:15:58Speaker 1: This is the police state. You can't criticize the government,
- 1:16:02Speaker 1: don't criticize the authorities, don't criticize law enforcement. So if
- 1:16:12Speaker 1: one day there's no show and I disappear, you'll know
- 1:16:14Speaker 1: why ICE has been at my door. I mean, it's scary.
- 1:16:20Speaker 1: This is real beginning. You know the lists now of
- 1:16:24Speaker 1: people critical of the government. Now, it's true that in
- 1:16:27Speaker 1: the fifties and sixties and seventies, JEdgar RuvA at the
- 1:16:31Speaker 1: FBI used to keep such a list of Unamerican activities
- 1:16:34Speaker 1: and Unamerican activists. Well how they defined it. But here
- 1:16:47Speaker 1: you go. And if you think this is untrue, then
- 1:16:52Speaker 1: you are dreaming. This is exactly consistent with Trump, with
- 1:16:56Speaker 1: this administration, with their motors of parandi. They don't care
- 1:17:00Speaker 1: about your freedom of speech. They have no respect for
- 1:17:02Speaker 1: freedom of speech. And if you oppose Trump, he's already
- 1:17:07Speaker 1: called so many people opposing him treason US and have
- 1:17:13Speaker 1: tried to prosecute them. So this is not misinformation, this
- 1:17:23Speaker 1: is not misdirected information. This is the real thing. And
- 1:17:31Speaker 1: uh yeah, it's it's gonna be interesting to see if
- 1:17:37Speaker 1: anybody objects to this. All those people who yelled out
- 1:17:40Speaker 1: at Biden, I wonder if they're gonna I wonder if
- 1:17:43Speaker 1: they're gonna get upset about this. Probably not. As long
- 1:17:49Speaker 1: as we get the left, we don't care. All right,
- 1:17:52Speaker 1: we're gonna do this the next few pretty quickly. We've
- 1:17:55Speaker 1: already gone and now twenty minutes a long show. Don't forget,
- 1:18:00Speaker 1: don't forget the deal we have, right, two hundred and
- 1:18:02Speaker 1: fifty dollars an hour. We're going to go into the
- 1:18:04Speaker 1: third hour I think today, So we're we need to
- 1:18:09Speaker 1: catch up here to at least get oh somebody's already
- 1:18:16Speaker 1: diagnosed me with TDS. That's the response. Trump is collecting
- 1:18:21Speaker 1: names of people who oppost Trump and I have TDS.
- 1:18:25Speaker 1: All right, that is pretty funny. Let's talk about the dollar.
- 1:18:34Speaker 1: There is a lot of talk constantly. The dollars is
- 1:18:39Speaker 1: in decline. It declined last year, it's declining a little
- 1:18:41Speaker 1: bit this year. It's going down in value relative two
- 1:18:49Speaker 1: other currencies. The dollar is not going to be used
- 1:18:52Speaker 1: as a global currency. Bricks are coming out with their
- 1:18:54Speaker 1: own currency. This the world is going to go to
- 1:18:57Speaker 1: gold standard. The dollars no going to be used for
- 1:19:01Speaker 1: international transactions. This is the end of the dollar. It's
- 1:19:05Speaker 1: just the question of any day now. It's going to
- 1:19:08Speaker 1: collapse completely, all.
- 1:19:09Speaker 2: Of it gone.
- 1:19:11Speaker 1: I mean, you hear this hysteria really all the time.
- 1:19:16Speaker 1: And while the value of the dollar has gone down,
- 1:19:21Speaker 1: it has come down from peak values. It was very
- 1:19:24Speaker 1: expensive relative to other curuncies recently. And the reality is
- 1:19:28Speaker 1: that in spite of the fact that the dollars come down,
- 1:19:31Speaker 1: the dollars still dominates, I mean dominates international transactions. Give
- 1:19:40Speaker 1: you a few stats. The US dollars portion of international
- 1:19:44Speaker 1: transactions via swift is up to fifty point five percent.
- 1:19:52Speaker 1: It was you know, it's it's it's been at these
- 1:19:55Speaker 1: levels for a long time. It dipped a little bit
- 1:19:57Speaker 1: in twenty four, but it's back up to its twenty
- 1:20:00Speaker 1: twenty three numbers. Just over fifty percent of all transactions
- 1:20:05Speaker 1: over Swift network are in dollars. This is, by the way,
- 1:20:09Speaker 1: up eleven point six percent over the last four years.
- 1:20:14Speaker 1: So if the dollar is declined, why are people using
- 1:20:18Speaker 1: dollars to transfer money more than ever? The Uo is
- 1:20:24Speaker 1: in the second place, or twenty one point nine percent,
- 1:20:27Speaker 1: followed by the British pound at six point seven percent,
- 1:20:30Speaker 1: the Canadian dollar at three point four percent, and the
- 1:20:33Speaker 1: Japanese yen at three point The Japanese yen is also
- 1:20:35Speaker 1: a three point four percent. Just for comparison's sake, The
- 1:20:39Speaker 1: Chinese yuan, which so many people are saying is going
- 1:20:41Speaker 1: to replace the dollar, really is a two point seven percent,
- 1:20:47Speaker 1: and that's been basically flat for three years. So you know,
- 1:20:55Speaker 1: that's one measure. But you can look at a bunch
- 1:20:59Speaker 1: of you can look at a bunch of measures other
- 1:21:04Speaker 1: than Swiss. If you look at global phone exchange transactions,
- 1:21:09Speaker 1: about eighty eight to ninety percent of all phone exchange
- 1:21:12Speaker 1: transactions worldwide involve the dollar. Eighty eight to ninety percent
- 1:21:20Speaker 1: share global trade invoicing. Eighty to ninety percent of global
- 1:21:25Speaker 1: oil trade is still invoiced in US dollars, in spite
- 1:21:28Speaker 1: of all the chatter about bricks or whatever. Even trade
- 1:21:36Speaker 1: between non US countries is usually done in dollars. Some
- 1:21:41Speaker 1: estimates suggests that between fifty to sixty percent of all
- 1:21:44Speaker 1: global trade invoices are denominated in dollars. So I hate
- 1:21:55Speaker 1: to break it to you, guys, but while the dollar
- 1:21:57Speaker 1: is declining primarily because people afraid that the US is
- 1:22:02Speaker 1: withdrawing from the world, and US is with drawing from
- 1:22:06Speaker 1: trade and with drawing from involvement in the world, and
- 1:22:11Speaker 1: that is likely to continue, the actual reality is that
- 1:22:15Speaker 1: the dollar is still dominated because there's nothing to replace
- 1:22:17Speaker 1: it with. Not because it's great, not, but because it's
- 1:22:21Speaker 1: the best. It's better than anything else. Night's true that
- 1:22:30Speaker 1: foreign reserves, fewer fun reserves are denominating dollars and more
- 1:22:34Speaker 1: in gold, but that's because gold has gone up so much.
- 1:22:37Speaker 1: So if you bought a certain amount of gold and
- 1:22:39Speaker 1: it just went up in value, then proof a proportion
- 1:22:42Speaker 1: of your reserves and how higher in gold even if
- 1:22:44Speaker 1: you bought no additional gold. So yeah, it's that is
- 1:23:00Speaker 1: just a quick one. I just noticed that in terms
- 1:23:03Speaker 1: of the dollar, don't panic. Don't panic. Part of what
- 1:23:07Speaker 1: we do at the IRN book show here is just
- 1:23:09Speaker 1: bring a little reality to the hysteria out there about
- 1:23:13Speaker 1: all kinds of things. The world is not as bad
- 1:23:15Speaker 1: as sometimes even I make it out to be. It's
- 1:23:17Speaker 1: just not as bad, all right. Quickly on Iran, I
- 1:23:23Speaker 1: mean basically two stories are dominating right now with regard
- 1:23:26Speaker 1: to Iran. One is the United States continues to transfer
- 1:23:32Speaker 1: massive quantities of military resources to the Middle East. You know,
- 1:23:38Speaker 1: when the fod arrives in the Middle East, about a
- 1:23:40Speaker 1: third of the US Navy will be in the Middle East.
- 1:23:44Speaker 1: I think, a big chunk of the US Air Force,
- 1:23:45Speaker 1: particularly refueling airplanes, but also have thirty five's and fifteen
- 1:23:50Speaker 1: F sixteens and at fifteen's are now in the Middle
- 1:23:53Speaker 1: East or in Europe in very short distance from the
- 1:23:57Speaker 1: Middle East. We don't know what percentage of defense systems
- 1:24:02Speaker 1: that the United States has is now in the Middle East,
- 1:24:05Speaker 1: but it's a big percentage. There's a massive concentration of
- 1:24:11Speaker 1: US arms in the Middle East. All targeted at Iran.
- 1:24:18Speaker 1: Now that would suggest I mean, think about the billions
- 1:24:24Speaker 1: of dollars spent on getting the arms there. This is
- 1:24:26Speaker 1: not cheap. This is not cheap. So think about that
- 1:24:36Speaker 1: that configuration. Now, I think it's they're overdoing it. I think,
- 1:24:41Speaker 1: as usual, the military experts think that Iran. Iran is
- 1:24:47Speaker 1: over is constantly, its strength is overestimated. They think Iran
- 1:24:51Speaker 1: can launch a regional rule. They think that Iran can
- 1:24:56Speaker 1: deliver significant damage to Israel into American allies. Elon launched
- 1:25:04Speaker 1: about six hundred missiles towards Israel. Nine of them will
- 1:25:08Speaker 1: knocked down, ninety to ninety five percent of them will
- 1:25:10Speaker 1: knocked down. Yes, they did some damage, and if some
- 1:25:12Speaker 1: people died, but nothing as compared to what Israel inflicted
- 1:25:17Speaker 1: on you on and nothing as compared to what I
- 1:25:20Speaker 1: won promise the damage would be. If the United States,
- 1:25:24Speaker 1: with the US capabilities and this B two bombers were engaged,
- 1:25:29Speaker 1: many of the missiles would never get off the ground
- 1:25:30Speaker 1: because they would be bombed in the silos in which
- 1:25:32Speaker 1: they are being stored. Ewon asks about two thousand ballistic missiles.
- 1:25:38Speaker 1: So if they launched all two thousand, with all the
- 1:25:41Speaker 1: resources and defense systems today. In the air, yes, they
- 1:25:45Speaker 1: would do some damage, but they would run out of
- 1:25:48Speaker 1: missiles very very quickly. If they launched two thousand dollar
- 1:25:51Speaker 1: in one day, it would be gone. But they don't
- 1:25:52Speaker 1: have enough launches to do that. And as the US
- 1:25:56Speaker 1: and Israel destroyed all their launches, this would be a whar.
- 1:26:01Speaker 1: There's no long war here. But everybody, all the commentators
- 1:26:06Speaker 1: an the amount of emphasis is the idea that the
- 1:26:09Speaker 1: United States is going to be involved in a long
- 1:26:11Speaker 1: war with Iran. There is no long war here. As
- 1:26:14Speaker 1: soon as the United States establishes air dominance over ran
- 1:26:17Speaker 1: which shouldn't take it more than twenty four hours. Israel
- 1:26:20Speaker 1: did it in twenty four hours, then they can bomb anywhere.
- 1:26:26Speaker 1: They can kill pretty much anyone. They can dominate the airspace.
- 1:26:31Speaker 1: They can use cus missiles, ballistic missiles, they can use airplanes,
- 1:26:36Speaker 1: they can I mean be too bombs. They can do
- 1:26:39Speaker 1: what they want. And this has always been the fact,
- 1:26:46Speaker 1: the reality. Now it's true that you know, Trump overhyped
- 1:26:52Speaker 1: the bombing of the nuclear facilities, but that's just because
- 1:26:56Speaker 1: Trump is Trump. It's not because he couldn't have kept
- 1:26:59Speaker 1: on bombing until literally they were shredded completely. It would
- 1:27:04Speaker 1: have taken another few hours. But there is literally nothing
- 1:27:11Speaker 1: to stop the Americans from destroying whatever they want to destroy,
- 1:27:16Speaker 1: and you want whatever they want. They will have free reign.
- 1:27:20Speaker 1: They can take their time. There's zero reason why they
- 1:27:23Speaker 1: should be long or zero reason why the United States
- 1:27:28Speaker 1: should suffer any casualties. The biggest threat, overwhelmingly, the biggest
- 1:27:33Speaker 1: threat is the Ranians trying to block the straits of Homos.
- 1:27:39Speaker 1: But you have the US Navy is right there. I mean,
- 1:27:45Speaker 1: the US Navy is what a thousand times better than
- 1:27:49Speaker 1: anything the Ranians could put in the sea. They could
- 1:27:52Speaker 1: put mines. I think we have mind clearing technology. They
- 1:27:56Speaker 1: will put little boats trying to blow up you know,
- 1:27:59Speaker 1: suicide bomb type stuff. Okay, we could blow them out
- 1:28:02Speaker 1: of the water before they even reach. They have drones, yeah,
- 1:28:07Speaker 1: the United States says anti drone technology trying it out
- 1:28:11Speaker 1: in the desert in Elpaso, Iwon has nothing, nothing, zero, zilch, nada.
- 1:28:19Speaker 1: They can stand up to America beyond a few hours,
- 1:28:22Speaker 1: maybe a few days. So the fear and the hype
- 1:28:27Speaker 1: is exaggerated, ridiculous, And unfortunately, I think this fear and
- 1:28:31Speaker 1: hype is preventing Trump from actually pulling the trigger because
- 1:28:34Speaker 1: I think he's buying into it. Oh, he doesn't want
- 1:28:36Speaker 1: to get into Quagmia. He doesn't want to get you know,
- 1:28:39Speaker 1: sucked into a lengthy campaign in Iran. There is zero
- 1:28:42Speaker 1: reason why it should be lengthy. Zero. Remember the twelve
- 1:28:45Speaker 1: day war with Israel, ewon was incapacitated. Now, I mean, yeah,
- 1:28:54Speaker 1: they sent those ballistic missiles and many of them got through,
- 1:28:57Speaker 1: and that was unfortunate, but they were going to run
- 1:29:01Speaker 1: out at some point. Only so many missiles they have,
- 1:29:04Speaker 1: and if you bomb the manufacturing facilities for the missiles,
- 1:29:07Speaker 1: they can't build anymore. They got two thousand, how many
- 1:29:10Speaker 1: days can they do two thousand? In the meantime, you
- 1:29:13Speaker 1: blow up their launchers, they can't even launch. It's just
- 1:29:18Speaker 1: I mean, I don't know. The people who make military
- 1:29:22Speaker 1: predictions and claim to understand military in the media and
- 1:29:28Speaker 1: where I see are so ignorant. The bias is always, always, always,
- 1:29:33Speaker 1: always way over estimate the ability of you know, evil
- 1:29:39Speaker 1: regimes way over is doing okay. So that's one, we're
- 1:29:42Speaker 1: building up this massive military force in the Middle East. Second, though,
- 1:29:47Speaker 1: we're negotiating with the Uanians. The Aanians today are meeting
- 1:29:51Speaker 1: with the International Atomic Energy Commission people. Tomorrow the United
- 1:29:57Speaker 1: States is meeting with them. Iran has put together an
- 1:30:04Speaker 1: agreement by which they reduced their you know, enrichment of
- 1:30:07Speaker 1: uranium by sitting the mount and they kind of nuclear
- 1:30:10Speaker 1: deal or something. But at the same time they give
- 1:30:13Speaker 1: America all kinds of economic benefits. They've learned what really
- 1:30:17Speaker 1: ticks ticks for Donald Trump. They're going to promise him
- 1:30:22Speaker 1: American investment in energy and mining, and they're going to
- 1:30:26Speaker 1: buy a lot of Boeing jets. They want to buy
- 1:30:28Speaker 1: Boeing jets. They might even want to buy F thirty five's.
- 1:30:32Speaker 1: They're going to make this all about economics. The deputy
- 1:30:37Speaker 1: director of Economic Diplomacy under the Iranian Foreign Ministry told
- 1:30:41Speaker 1: the Iran state run Fars News agency quote, For the
- 1:30:44Speaker 1: sake of an agreement durability, it is essential that the
- 1:30:48Speaker 1: US also benefits in areas with high end, quick economic returns.
- 1:30:52Speaker 1: Common interest in the oil and gas fields, joint fields,
- 1:30:56Speaker 1: mining investments, and even aircraft purchases are included in the negotiations. Unbelievable.
- 1:31:08Speaker 1: So Trump will sell out the Iranian people who he
- 1:31:12Speaker 1: promised to protect. He did, he promised it, not me.
- 1:31:17Speaker 1: He did He'll sell out these raileys and he'll sell
- 1:31:23Speaker 1: out America for some showtime economic benefit. I don't know,
- 1:31:32Speaker 1: but certainly that seemed to be on the table. Those
- 1:31:35Speaker 1: are the two alternatives. How to tell what exactly what happened?
- 1:31:39Speaker 1: But you know, uh Yuanna has learned from the Ukraine
- 1:31:44Speaker 1: and from Venezuela. What makes Trump tick from Russia? What
- 1:31:49Speaker 1: makes some trick is these kind of deals? All right?
- 1:31:53Speaker 1: Last last, just quickly, Doctors without voters? Has doctors will voter?
- 1:32:00Speaker 1: Is this this generally leftist, uh pro Palestinian you know
- 1:32:07Speaker 1: organization has now announced it's suspended all non critical services
- 1:32:11Speaker 1: at one of Gaza's largest hospitals. Now why would they
- 1:32:14Speaker 1: do that because they were alleging that the facility was
- 1:32:19Speaker 1: being used by armed men. Now for years and years
- 1:32:26Speaker 1: and years, really decades, they've been ignoring that fact. They'd
- 1:32:29Speaker 1: be pretending it's not so finally they're acknowledging the fact
- 1:32:33Speaker 1: that hospitals in the west, in the in the Gaza
- 1:32:35Speaker 1: stript are being used by ramas And for whatever reason,
- 1:32:41Speaker 1: they've changed their policy and are now we're joining vindicating
- 1:32:45Speaker 1: everything is all said about these hospitals from day one,
- 1:32:55Speaker 1: good well, it's better. It's better they do it now
- 1:32:57Speaker 1: than and not at all. Right, And you know, I
- 1:33:02Speaker 1: wonder if other people claiming for two and a half
- 1:33:04Speaker 1: years that is well is really about the Israeli assertions
- 1:33:09Speaker 1: one two b Ramach using hospital. I wonder if they
- 1:33:11Speaker 1: changed their mind and stop calling it propaganda. Right, of course,
- 1:33:18Speaker 1: the Goslins are really upset, really upset. This has been
- 1:33:24Speaker 1: going on forever forever, right. All right, that, my friends,
- 1:33:33Speaker 1: is the news for this Monday, February sixteenth. Thank you
- 1:33:38Speaker 1: all for listening. I really really appreciate it. You guys
- 1:33:42Speaker 1: have so far been quite generous on the super chat front,
- 1:33:46Speaker 1: so thank you for that. We're only twenty seven dollars
- 1:33:49Speaker 1: away from our second hour goal. Of course we're going
- 1:33:51Speaker 1: to go into the third hour, so there'll be a
- 1:33:53Speaker 1: third hour goal, but we're doing really, really well in
- 1:33:56Speaker 1: terms of the timing, So thank you, thank you, thank you.
- 1:33:58Speaker 1: I appreciate that. Remind you that if you want to
- 1:34:02Speaker 1: support the show, you can do so on a monthly basis,
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- 1:34:19Speaker 1: me remind you of our sponsors, the know An Institute.
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- 1:34:34Speaker 1: be a lot of fun. It's a great city. I
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- 1:36:41Speaker 1: capitalism both morally, economically, politically, historically from every aspect and
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- 1:36:49Speaker 1: many people talk about. So those are sponsors. Remind you
- 1:36:59Speaker 1: again that we uh let's see we are we we
- 1:37:04Speaker 1: uh yeah, getting closer, only fifteen dollars away from our
- 1:37:08Speaker 1: second hour target. So please come in with stickers and
- 1:37:12Speaker 1: with super chat questions. Superchet questions are great because then
- 1:37:15Speaker 1: I answer what you want me to talk about, and
- 1:37:17Speaker 1: don't forget patroon.
- 1:37:18Speaker 2: Oh.
- 1:37:19Speaker 1: Lastly, but not leastly. Lastly, but importantly, I want to
- 1:37:24Speaker 1: remind you I'll be in London, and while I'm in London,
- 1:37:27Speaker 1: I'm going to do a seminar on capitalism. What it is,
- 1:37:31Speaker 1: how it functions, why it's important, what the morality is,
- 1:37:35Speaker 1: what philosophy is are based on, really a deep dive
- 1:37:38Speaker 1: into capitalism. It's going to be in February twenty eighth.
- 1:37:41Speaker 1: It's in less than two weeks, less than two weeks.
- 1:37:45Speaker 1: Please sign up sooner rather than later. Don't wait till
- 1:37:48Speaker 1: last minute. I need to get a room that fits
- 1:37:52Speaker 1: the number of people coming, and I need to know
- 1:37:54Speaker 1: how many people are coming, and I need to know now,
- 1:37:57Speaker 1: right soon this week. So please, if you tend to come,
- 1:38:00Speaker 1: please sign up, Please come. It's going to be a blast,
- 1:38:04Speaker 1: we'll spend It's from one to five, so it's four hours.
- 1:38:07Speaker 1: It's not a quick collection and gone, and there will
- 1:38:10Speaker 1: also be we'll also go out to dinner afterwards. We
- 1:38:13Speaker 1: can hang out and just chat. So join me in
- 1:38:17Speaker 1: London February twenty eighth from one to five pm, Central London.
- 1:38:21Speaker 1: It'll be in central London somewhere so easy to get
- 1:38:23Speaker 1: to if you use the Tube the underground and you
- 1:38:28Speaker 1: can check it out at your run book show. You
- 1:38:30Speaker 1: run brookshow dot com and go down to down the
- 1:38:35Speaker 1: page where the events are. You will find the events
- 1:38:38Speaker 1: and then you can click on the link there to
- 1:38:41Speaker 1: get to the specific information on an event right page.
- 1:38:45Speaker 1: It's so easy to pay. In all of that, I've
- 1:38:48Speaker 1: also put the link below in the chat. If you're
- 1:38:52Speaker 1: watching on YouTube, you can get it on YouTube. But
- 1:38:56Speaker 1: other than that, go to my web page and you
- 1:38:58Speaker 1: can find it. There are they enough people in New
- 1:39:03Speaker 1: York City for me to do a seminar like that?
- 1:39:05Speaker 1: If there is a group that is that is willing
- 1:39:08Speaker 1: to kind of guarantee that there will be a minimum
- 1:39:10Speaker 1: number of people to do a seminar on capitalism in
- 1:39:14Speaker 1: New York City, I would be happy to do it
- 1:39:15Speaker 1: in New York City, maybe in I'm gonna be in
- 1:39:20Speaker 1: New York City in June. Maybe we can do it
- 1:39:22Speaker 1: in June. That would be fun. So let me know,
- 1:39:24Speaker 1: let me know if there's interest. A real Spock says,
- 1:39:28Speaker 1: come to New York City. Is real Spock willing to
- 1:39:30Speaker 1: put three hundred pounds stilling what almost five hundred dollars
- 1:39:36Speaker 1: for the full participation in a seminar like that? If yes,
- 1:39:41Speaker 1: then that's the beginning. But I don't do it for free.
- 1:39:48Speaker 1: Time is money. Time is money. All right, let's see,
- 1:39:57Speaker 1: let's turn to our super chat. I just got a
- 1:40:00Speaker 1: fifty dollars one from Silvanos, which I'll read and then
- 1:40:07Speaker 1: we'll go to the other superchurch. He says, hello you
- 1:40:09Speaker 1: on today is my birthday, Happy birthday, Silvanas, and thank you,
- 1:40:13Speaker 1: thank you, thank you for all the support all these
- 1:40:16Speaker 1: years now so really appreciate the support. Thank you. I
- 1:40:20Speaker 1: have a great birthday, he says, thanks for making my
- 1:40:23Speaker 1: life better with your news coverage. My pleasure, and thank
- 1:40:27Speaker 1: you for supporting the news coverage and making my life
- 1:40:30Speaker 1: better that way, So trade win win, It's fantastic. And again,
- 1:40:34Speaker 1: have a great birthday. And yeah, all right, let's see.
- 1:40:42Speaker 1: Not you avage algorithm has one hundred dollars question, thank
- 1:40:45Speaker 1: you not you avage algorithm. Really appreciate the support. This
- 1:40:48Speaker 1: is great. Part one, two part question, So really one
- 1:40:51Speaker 1: hundred and twenty dollars. The most dangerous group in any
- 1:40:55Speaker 1: society is over educated, underpaid people. Okay, people who went
- 1:41:01Speaker 1: to school for these useless advanced degrees and had been
- 1:41:05Speaker 1: told by their parents that they're entitled to a job
- 1:41:09Speaker 1: which will allow them to live in New York City
- 1:41:11Speaker 1: or San Francisco. It didn't work. So what you get
- 1:41:16Speaker 1: is this pathological resentment and desire to knock down the system.
- 1:41:22Speaker 1: We saw this in Zarist Russia and during the French Revolution.
- 1:41:28Speaker 1: They're articulate, they're capable of organization. So I don't know
- 1:41:33Speaker 1: if I completely buy that. It's certainly they are an
- 1:41:37Speaker 1: important element in whatever we're talking about. But look that
- 1:41:41Speaker 1: the communist revolution in Russia was you know, a lot
- 1:41:46Speaker 1: of very wasn't all educated people, A lot of a
- 1:41:51Speaker 1: lot of the peasants joined in, A lot of the
- 1:41:55Speaker 1: poor people joined in the same as too. Of their
- 1:41:56Speaker 1: French Revolution, FRENCHI resolution was not just a revolution of intellectuals,
- 1:42:01Speaker 1: not just a revolution of underpaid, over educated people. Indeed,
- 1:42:04Speaker 1: I don't know what that even means in the context
- 1:42:06Speaker 1: of either Russia or France, and even today it is
- 1:42:12Speaker 1: a mixture of corrupt intellectuals kind of off the left,
- 1:42:19Speaker 1: as you say, underpaid, over educated. But at the same time,
- 1:42:24Speaker 1: at the same time, what are we talking about? Why
- 1:42:30Speaker 1: am I I can't read what's this anyway? At the
- 1:42:34Speaker 1: same time, it's also maybe people who overpaid and who
- 1:42:44Speaker 1: have union jobs and are overpaid and think that they
- 1:42:48Speaker 1: have a right to these jobs, who are offended by immigrants,
- 1:42:53Speaker 1: offended by change, scared of change, whether it's AI or immigration,
- 1:42:58Speaker 1: or and a rising up against so again, it's it's
- 1:43:02Speaker 1: a I think what you're seeing on the left and
- 1:43:05Speaker 1: on the right is that what is going on today
- 1:43:09Speaker 1: in the most dangerous groups in our societies today are
- 1:43:12Speaker 1: people who are pissed off at the world, who reject
- 1:43:19Speaker 1: who reject America in the name of bad ideas, in
- 1:43:24Speaker 1: the name of uh. You know, many of them don't
- 1:43:29Speaker 1: even know the ideas in which they're doing this. Many
- 1:43:32Speaker 1: of them are doing it in the in the name
- 1:43:34Speaker 1: of some racist ideology, in the name of a mythology
- 1:43:38Speaker 1: around what America was, in the name of I mean,
- 1:43:44Speaker 1: so much of this is dependent on So much of
- 1:43:47Speaker 1: this is dependent on the mythology around how badly the
- 1:43:54Speaker 1: United States is doing, and how badly Americans are doing,
- 1:43:58Speaker 1: and how the you know, people are making less money
- 1:44:01Speaker 1: and life was better than the fifties and all that crap.
- 1:44:04Speaker 1: So much of the bad stuff happening today is dependent
- 1:44:07Speaker 1: on that. But I agree at the end of the day,
- 1:44:11Speaker 1: the most dangerous people are the intellectuals, and many of
- 1:44:15Speaker 1: those intellectuals, many of those intellectuals are over educated, underpaid.
- 1:44:28Speaker 1: But many of those intellectuals are overpaid. Many of those
- 1:44:32Speaker 1: intellectuals are not underpaid. They're actually paid quite well. Paul
- 1:44:36Speaker 1: Koogman for example. I don't know Patrick Deneen on the right,
- 1:44:42Speaker 1: the intellectuals that are paid well. So the most dangerous
- 1:44:46Speaker 1: groups in our society are the people. Are the people
- 1:44:53Speaker 1: that the people that hold bad ideas, and the worst
- 1:45:05Speaker 1: of them are the people who promulgate bad ideas, And
- 1:45:09Speaker 1: that can happen because they're over educated. Could be happened
- 1:45:12Speaker 1: because they're just educated with wrong ideas, and it could
- 1:45:15Speaker 1: be that they're well paid. Look look at Silicon Valley
- 1:45:17Speaker 1: and how it's turned into and to some extent has
- 1:45:21Speaker 1: been for a while now this hub of bad ideas
- 1:45:23Speaker 1: where the bad ideas of the left, of bad ideas
- 1:45:25Speaker 1: are the right, not because they're underpaid, not because they're
- 1:45:28Speaker 1: underpaid at all. So it's just bad, all right. Let's
- 1:45:44Speaker 1: see Richard. Thank you, Richard, I haven't seen you in
- 1:45:47Speaker 1: a while. One of the funniest parts about the protectionist
- 1:45:50Speaker 1: crowd is how few of them acknowledge the kind of
- 1:45:53Speaker 1: energy demand that would be necessary. China doubled US good
- 1:45:58Speaker 1: capacity in the last decade and on track to double
- 1:46:01Speaker 1: it again in the next decade. That's right. I mean,
- 1:46:04Speaker 1: even with the with now the emphasis in the United
- 1:46:08Speaker 1: States and all this AI data centers, we don't have
- 1:46:16Speaker 1: the electricity to run them. We're don't have to massively
- 1:46:20Speaker 1: increase our grid and massively increased the amount of energy
- 1:46:24Speaker 1: that we produce. That is going to require a massive deregulation.
- 1:46:30Speaker 1: It's going to acquire probably nuclear, It's going to require
- 1:46:33Speaker 1: a lot of fossil fuels. And you know, I think
- 1:46:40Speaker 1: this administration at least has a pro energy policy. It
- 1:46:45Speaker 1: stopped the nonsense from the Biden administration and the left
- 1:46:50Speaker 1: with regard to trying to regulate out of existence fossil fuels.
- 1:46:58Speaker 1: But on the other hand, that like some seurizing coal,
- 1:47:01Speaker 1: you shouldn't have to subsidize anything. Just let the market rain.
- 1:47:06Speaker 1: Just get rid of the regulations, get rid of the controls,
- 1:47:10Speaker 1: Let markets what. Let markets work, and we will get
- 1:47:14Speaker 1: the best most productive energy sources available. But yeah, people
- 1:47:24Speaker 1: have no clue on how much energy we would actually
- 1:47:26Speaker 1: need to produce and you know, to do all the
- 1:47:31Speaker 1: AI stuff that they want. Never mind bring manufacturing back
- 1:47:35Speaker 1: to America, as if that is even a possibility. All right,
- 1:47:38Speaker 1: Michael says you mentioned yesterday this best US companies should
- 1:47:41Speaker 1: not have been sued because they didn't know their products
- 1:47:43Speaker 1: were harmful. But isn't it their responsibility ensure their product
- 1:47:48Speaker 1: isn't harmful before unleashing it on the public. No, absolutely not.
- 1:47:54Speaker 1: Now if they were negligent, that is, if you could
- 1:47:59Speaker 1: show that there was information they ignored it, or that
- 1:48:06Speaker 1: they should have been worried so they should have tested it.
- 1:48:12Speaker 1: But no, buy I be aware, guys, you do not
- 1:48:17Speaker 1: have a responsibility to put out a product that is
- 1:48:22Speaker 1: safe beyond what you know, beyond the existing scope of knowledge.
- 1:48:31Speaker 1: Imagine if before we started burning coal in the nineteenth century,
- 1:48:36Speaker 1: in the industry Revolution, we said well, we don't know
- 1:48:39Speaker 1: what the negative consequences of coal are going to be.
- 1:48:41Speaker 1: It might be harmful, so let's spend the next fifty
- 1:48:45Speaker 1: years testing it, and then after we test it, after
- 1:48:49Speaker 1: we test it, then will introduce coal. Think of how
- 1:48:53Speaker 1: much poor we will be today. I mean, if people
- 1:49:00Speaker 1: didn't know asbestos hurt you, and people didn't know that
- 1:49:04Speaker 1: there was the potential for asbsis to hurt you any
- 1:49:06Speaker 1: more than any other product. Now, if once they discovered
- 1:49:12Speaker 1: that esmest has hurt you, they continue to produce it
- 1:49:15Speaker 1: without a disclaimer, then you can sue them. But if
- 1:49:20Speaker 1: once they found out that it was harmful, they either
- 1:49:23Speaker 1: stopped producing it or put in safety requirements or let
- 1:49:27Speaker 1: people know about what's going on, then they're just not liable.
- 1:49:32Speaker 1: You're not liable for damage you unknowingly where you couldn't
- 1:49:38Speaker 1: even know if you wanted to and lonely do. You
- 1:49:44Speaker 1: can't be responsible for what you can't for what you
- 1:49:47Speaker 1: don't know. You can only responsible for what you know.
- 1:49:50Speaker 1: It's absolutely not your responsibility to ensure the product isn't harmful.
- 1:49:57Speaker 1: If you include an harmful all the potential harm that
- 1:50:00Speaker 1: you don't know about. That's called the percussion. Precautionary principle.
- 1:50:08Speaker 1: Precautionary principle would shut down all the innovation. I imagine if
- 1:50:13Speaker 1: before the first eightplanes were allowed to fly, you had
- 1:50:16Speaker 1: to prove that they would never crash and nobody would
- 1:50:19Speaker 1: ever die, and they would never do any harm. But
- 1:50:22Speaker 1: they do crash, sometimes they do do harm. Sometimes you
- 1:50:27Speaker 1: can't make that the standard. It's only if you know
- 1:50:32Speaker 1: there's real danger and you don't disclose that danger. Are
- 1:50:35Speaker 1: you liable? Thank you, Michael. All right, Richard, another fifty dollars,
- 1:50:45Speaker 1: Thank you, Richard. I've seen a lot of mainstream podcasts
- 1:50:49Speaker 1: the discussing nuclear energy, and most of them interviewed Alex
- 1:50:52Speaker 1: Epstein Etstein build America Caucus mostly Democrats, supports permitting reform.
- 1:51:01Speaker 1: Are you optimistic about federal bills for energy permitting reform? Yeah,
- 1:51:05Speaker 1: I mean, I am. It really does seem to be
- 1:51:09Speaker 1: a bipod is an understanding now and to a logic extent,
- 1:51:13Speaker 1: this is because of Alex's work that our civilization depends
- 1:51:18Speaker 1: on energy that we cannot just rely on unreliable solar
- 1:51:25Speaker 1: and wind, that we need to invest in, you know,
- 1:51:32Speaker 1: clean reliable energy and the most clean reliable energy there
- 1:51:35Speaker 1: is is nuclear. So I think there's growing support for that.
- 1:51:43Speaker 1: I think as a consequence that, yes, you will get
- 1:51:46Speaker 1: a lot more permitting. I noticed today was it today?
- 1:51:50Speaker 1: I think that they flew for the first time. They
- 1:51:54Speaker 1: flew nuclear many nuclear reactors, a small nuclear reactor from
- 1:51:59Speaker 1: California to Utah and see one one, one seven, something
- 1:52:04Speaker 1: like that, one seventy maybe a cargo plane uh for
- 1:52:09Speaker 1: installation in Utah to start testing where they want to
- 1:52:12Speaker 1: take them live on January fourth this year and fiftieth anniversary.
- 1:52:18Speaker 1: So I think there's going to be much much more
- 1:52:21Speaker 1: investment and much much more approval, many many more approvals
- 1:52:25Speaker 1: of various types of nuclear technologies out there. This there
- 1:52:33Speaker 1: really seems to be support for it, and again I
- 1:52:36Speaker 1: think a lot of it is a consequence of Alex
- 1:52:42Speaker 1: Epstein's work. Michael, could AI come up with a theory
- 1:52:48Speaker 1: of relativity? I don't know. I can't. No, I can't.
- 1:52:51Speaker 1: Or objectivism no, certainly not. Or does that level of
- 1:52:55Speaker 1: induction require free will? I think all of that requires
- 1:52:59Speaker 1: more than it requires the ability to integrate in a
- 1:53:02Speaker 1: way in a guided process by a consciousness that recognizes,
- 1:53:11Speaker 1: recognize as cause and effect, and can induce I don't
- 1:53:18Speaker 1: think a machine can induce. Machines cannot induce. They can
- 1:53:23Speaker 1: find similarities and differences, but they can't find cause of relationships.
- 1:53:28Speaker 1: They can find correlations, they can't find causation. Causation still
- 1:53:34Speaker 1: requires human consciousness. So no, they couldn't do any of
- 1:53:38Speaker 1: those things, not to say one day what we call
- 1:53:43Speaker 1: that official intelligence and nonofficial and intelligence that human beings
- 1:53:46Speaker 1: put together. Won't be able to do that, but it
- 1:53:49Speaker 1: would require consciousness, and we'll long long way from that,
- 1:53:54Speaker 1: a long way from that. It's code, that's all it is.
- 1:53:59Speaker 1: AI is just code, and it's code that's running statistical algorithms.
- 1:54:04Speaker 1: It's doing regressions kinda not really, but it's kind of
- 1:54:08Speaker 1: doing regressions collelation analysis. It can't do causality, it can't think.
- 1:54:13Speaker 1: It can't discover new knowledge, can discover new relationships, not
- 1:54:18Speaker 1: new knowledge. Christian, I love Israel and the Jewish people,
- 1:54:24Speaker 1: But today I was accused of anti Semitism because I
- 1:54:27Speaker 1: got angry at the Howard Deem after the riots in
- 1:54:31Speaker 1: Naebok and said that they must have their welfare cut
- 1:54:34Speaker 1: to defang them. What do you think, Oh, I am
- 1:54:39Speaker 1: so anti Howard Deem? I despise the people. I despise
- 1:54:43Speaker 1: everything about them, and they should be cut from welfare
- 1:54:48Speaker 1: one hundred percent. They should get no welfare suddenly. If
- 1:54:51Speaker 1: they don't serve in the Israeli army, they should get
- 1:54:53Speaker 1: no welfare and the funding of their school should be cut.
- 1:54:58Speaker 1: They do a disservice to Israel. And they're just They're
- 1:55:04Speaker 1: not the mystics, the primitive barbaric mystics. And if that
- 1:55:09Speaker 1: makes me an anti Semiti because I criticize a group
- 1:55:13Speaker 1: of tribalistic, you know, a primitive Middle Ages mystics, then
- 1:55:22Speaker 1: you know it's stupid. That's not anti Semitism, right, It's
- 1:55:25Speaker 1: just I'm clearly criticizing a narrow group within for reasons
- 1:55:32Speaker 1: that have nothing to do with the fact that the Jews.
- 1:55:34Speaker 1: That has everything to do with the fact that they
- 1:55:36Speaker 1: are religious nuts. Don't like religious nuts of any denomination
- 1:55:44Speaker 1: religious nuts out these are they all Orthodox Jews? Richard,
- 1:55:50Speaker 1: do you know what it is like to work a
- 1:55:53Speaker 1: CDO trading desk? In two thousand and five? Also, any
- 1:55:57Speaker 1: recommendation for movies shows that positively portray banking and finance. No,
- 1:56:04Speaker 1: I don't know what it was like to work as
- 1:56:06Speaker 1: cdo collateralized debt Obligations desk in two thousand and five.
- 1:56:10Speaker 1: It was probably very exciting and a lot of money
- 1:56:15Speaker 1: and a lot of stupidity. That is, not really thinking
- 1:56:17Speaker 1: about the risks being taken on, not really thinking about
- 1:56:20Speaker 1: the leverage that one was using, not thinking about what
- 1:56:24Speaker 1: could happen if real estate prices ever went down. They
- 1:56:28Speaker 1: discovered that in two thousand and seven eight, But it
- 1:56:30Speaker 1: must have been exciting in two thousand and five. Movie shows,
- 1:56:35Speaker 1: I mean, now, The People's Money is the obvious. I've
- 1:56:37Speaker 1: recommended him many times. Other People's Money is the best
- 1:56:40Speaker 1: movie on finance ever made. I think what else? I mean?
- 1:56:46Speaker 1: There's a TV show right now called Industry about finance
- 1:56:51Speaker 1: in London, about yeah, an investment bank in London. I
- 1:56:55Speaker 1: don't think it's a particularly positive one, but it's interesting.
- 1:57:01Speaker 1: I watch the first two seasons. There's another the four seasons.
- 1:57:04Speaker 1: Are gonna watch the third and the fourth as well,
- 1:57:06Speaker 1: but it's not particularly positive. There are no positive portrayals,
- 1:57:09Speaker 1: very few. I'm trying to think of. There are any others.
- 1:57:14Speaker 1: I mean, Other People's Money is the real exception. No
- 1:57:18Speaker 1: TV shows that I know of. Shasbot quote from UH
- 1:57:29Speaker 1: grounds keeper Willie in the Simpsons. Okay, but there's a
- 1:57:35Speaker 1: sister's unnatural enemies like Englishmen and Scots or Washmen and Scotts,
- 1:57:41Speaker 1: or Japanese and Scots are Scots and other Scots. Don
- 1:57:45Speaker 1: Scotts they ruin Scotland. It's really good. Uh yeah, the
- 1:57:51Speaker 1: Scott's have problem. You also really good. You know, they
- 1:57:57Speaker 1: contributed a lot to our lives. The scottsh enlightenment was
- 1:58:00Speaker 1: very powerful, but they also, you know, did a lot
- 1:58:04Speaker 1: of damage. David Hume did a lot of damage in
- 1:58:06Speaker 1: addition to doing good. Is skepticism was not good for philosophy? Richard,
- 1:58:13Speaker 1: Is there any argument for keeping some sort of government
- 1:58:17Speaker 1: oversight over nuclear power because of non proliferation concerns? It
- 1:58:21Speaker 1: seems like that would be limited to simply licensing fuel,
- 1:58:26Speaker 1: enrichment and purchases. What do you think, Yeah, I think
- 1:58:30Speaker 1: something like that should be. There should be also some
- 1:58:34Speaker 1: kind of certification that you're keeping nuclear material safe, that
- 1:58:39Speaker 1: it can be stolen easily. But yes, we want to
- 1:58:43Speaker 1: make sure that refining is refining for commercial use or
- 1:58:46Speaker 1: not for any kind of military use. There need to
- 1:58:50Speaker 1: be some basic, simple, prestidious certifications. We call them regulations
- 1:58:57Speaker 1: that are monitoring the industry that there's no abuse on
- 1:59:01Speaker 1: the one hand, but there's no national security risk associated
- 1:59:06Speaker 1: with it. You'd have to I'd have to know more
- 1:59:08Speaker 1: about what's involved. Remember that a lot of the modern
- 1:59:14Speaker 1: new miniaturized you know, these small nuclear pop plants don't
- 1:59:20Speaker 1: even use anything that could be turned into military grade,
- 1:59:24Speaker 1: so there is no national security risk associated with them,
- 1:59:27Speaker 1: and in those cases there should be nothing. So it
- 1:59:31Speaker 1: all depends on the specific technology and whether you can
- 1:59:34Speaker 1: make a national security argument or not. Richard says, who's
- 1:59:39Speaker 1: the most innovative funds here? Since Michael Milken? Does anyone
- 1:59:43Speaker 1: even cut clothes?
- 1:59:45Speaker 4: Oh?
- 1:59:45Speaker 1: I don't know, probably, I mean, I don't know of
- 1:59:52Speaker 1: one person. I mean, obviously the market has only grown
- 1:59:57Speaker 1: in sophistication. Cdo oh a good example cdios that you
- 2:00:02Speaker 1: mentioned earlier. Collatterized that obligations are amazing instruments, and somebody
- 2:00:08Speaker 1: innovated that. But it's not like Milkin, where the innovation
- 2:00:12Speaker 1: kept going and kept getting used in different ways, and
- 2:00:15Speaker 1: he was involved in so much of it. So it
- 2:00:19Speaker 1: doesn't go to credit of any particular person. A lot
- 2:00:22Speaker 1: of what private equity does, There's been a lot of
- 2:00:25Speaker 1: innovation there, But again, I don't know that any particular
- 2:00:28Speaker 1: individual responsible for it. There's a lot of stuff that's
- 2:00:33Speaker 1: happened to get around dot frank and to get around
- 2:00:35Speaker 1: regulations that is attributable probably to certain individuals, But I
- 2:00:41Speaker 1: don't think there's anybody that even comes close to Milkin
- 2:00:44Speaker 1: and the impact, the positive impact, an engagement that he had. Now,
- 2:00:50Speaker 1: you know, I might be wrong. You know, I've been
- 2:00:53Speaker 1: out of the field of studying finance for long for
- 2:00:58Speaker 1: a long time, and maybe maybe I missed something. I mean,
- 2:01:00Speaker 1: one Buffet is great, but one buff is not an innovator.
- 2:01:03Speaker 1: One Buffett is a it is just a great investor,
- 2:01:06Speaker 1: but he's not an innovator. Milkin was an innovator. He
- 2:01:10Speaker 1: changed the world. You know, One Buffett didn't really in
- 2:01:14Speaker 1: any any significant way.
- 2:01:18Speaker 4: Uh.
- 2:01:20Speaker 1: Jonathan sent dressed in peace to Robert Duval. Yeah, Robert
- 2:01:22Speaker 1: Duval died earlier today, just before the show started. The
- 2:01:25Speaker 1: announcement came out. Robert Duval of course from the Godfather movies.
- 2:01:30Speaker 1: But but it had a wide, raging career both on
- 2:01:34Speaker 1: stage and in the movies. Was was an excellent, excellent actor.
- 2:01:44Speaker 1: And uh yeah, you know, somebody, somebody who seemed to
- 2:01:47Speaker 1: do a good job no matter what kind of role
- 2:01:50Speaker 1: they were put into. Somebody said Jamie Diamond. I don't
- 2:01:53Speaker 1: think Jamie Diamond compares to Michael Milker. And Jimmie is
- 2:01:56Speaker 1: a good CEO. He's done a good job, but you know,
- 2:02:00Speaker 1: I don't know that he's innovated dramatically. He's run the
- 2:02:04Speaker 1: largest bank in the United States well, which you should
- 2:02:08Speaker 1: get credit for. But is he of Michael Milkin's stature?
- 2:02:13Speaker 1: You know, I don't. I don't think so, you'd have to,
- 2:02:15Speaker 1: you'd have to make the case again. John Allison is
- 2:02:19Speaker 1: a great banker, maybe the greatest bank of the twentieth century,
- 2:02:21Speaker 1: of the latter part of the twentieth century, but the
- 2:02:26Speaker 1: But again, in terms of innovation, in terms of changing
- 2:02:31Speaker 1: the world of finance, Milkin stands out. John's a better man,
- 2:02:38Speaker 1: I think. But but I don't know if if you know,
- 2:02:44Speaker 1: and I don't, I don't think had quite the same
- 2:02:46Speaker 1: impact as as Milkin did in finance. John had an
- 2:02:51Speaker 1: impact in other areas like objectivism. Clark has anything you
- 2:02:57Speaker 1: read by Aristot have blown you away the same way
- 2:03:00Speaker 1: Ironman passages have. Well, I read Aristota after ironran so
- 2:03:05Speaker 1: I think the pots that blow me away is when
- 2:03:08Speaker 1: I see similarities and I go, wow, this is two
- 2:03:13Speaker 1: thousand years ago. But no, and and part of it
- 2:03:16Speaker 1: is I haven't really delved into Aristotle in the same
- 2:03:19Speaker 1: way I didn't Ironrand I. I haven't studied him in
- 2:03:22Speaker 1: the same way. But but yeah, you read passages and
- 2:03:26Speaker 1: they're amazing and so insightful, and you go, how did
- 2:03:30Speaker 1: the world not pivot once this was all done? And
- 2:03:36Speaker 1: why do we have to Why did we get Christianity
- 2:03:38Speaker 1: and and in the dark ages and all that? You know,
- 2:03:41Speaker 1: why didn't Aristotle just take off? James? Why And look?
- 2:03:48Speaker 1: Ironman is much easier to read, too, much easier to understand.
- 2:03:52Speaker 1: James says, why is the skyline in Dubai so nice?
- 2:03:55Speaker 1: Do they rank high on Economic Freedom Index? I mean
- 2:03:59Speaker 1: there's a sense in where which they do right. It's
- 2:04:02Speaker 1: very deregulated. Taxes are very low, but everything is controlled
- 2:04:08Speaker 1: by the monarchy, by the head of Dubai. It's an
- 2:04:11Speaker 1: authoritarian state. All of that could change in an instant.
- 2:04:16Speaker 1: There's no recognition of rights. There's a decent system of
- 2:04:19Speaker 1: law and contracts, but again it could. It's at the
- 2:04:23Speaker 1: whim of the Chikh the whim of the dictator, so
- 2:04:26Speaker 1: I don't trust it. The skyline in Dubai is amazing
- 2:04:29Speaker 1: because they've got oil money and natural gas money, and
- 2:04:33Speaker 1: they have spent a lot of that money on building
- 2:04:36Speaker 1: a beautiful skyline, and they've hired the best architects in
- 2:04:39Speaker 1: the world to build it for them. In many ways,
- 2:04:41Speaker 1: it's a skyline they don't deserve. It's a skyline that
- 2:04:44Speaker 1: doesn't match the culture, the essential characteristics of the culture,
- 2:04:50Speaker 1: which are Islamic. But you know, they've got a lot
- 2:04:55Speaker 1: of money from oil, a lot of money from from
- 2:04:59Speaker 1: from oil and shipping oil and refining oil, and that
- 2:05:03Speaker 1: money has flown has gone into building one of the
- 2:05:07Speaker 1: most beautiful skylines in the world. It's not because of
- 2:05:10Speaker 1: economic freedom that skyline. It's because of oil wealth. Roman
- 2:05:16Speaker 1: says VIVICAUS presidential as Ramswami's President of Canada twenty twenty eight.
- 2:05:20Speaker 1: I doubt it he's gonna he's running for governor of
- 2:05:23Speaker 1: Ohio in twenty twenty six. Ye oh, yeah, new governor.
- 2:05:26Speaker 1: I think he probably wait until twenty thirty two. I
- 2:05:30Speaker 1: doubt Republicans would vote for him. He's after all, Indian
- 2:05:33Speaker 1: Republicans have turned very anti Indian. They're not interested in foreigners.
- 2:05:38Speaker 1: I don't think they want a foreigner as president in
- 2:05:42Speaker 1: Indian as presidents, so they don't want those programmers never
- 2:05:45Speaker 1: went as president. I find out hard to believe Vivic
- 2:05:48Speaker 1: could win a Republican primary. I hope he wins in Ohio.
- 2:05:52Speaker 1: I hope he moves away from the populism he gravitated
- 2:05:56Speaker 1: to Woods during the primaries when he ran against Trump,
- 2:06:00Speaker 1: and you know, focuses more on economic freedom, economic liberty,
- 2:06:05Speaker 1: and on the ideas that he mentioned in his speech.
- 2:06:08Speaker 1: And turning point which which I showed you part of
- 2:06:17Speaker 1: a stuff says lawn emplument is because we change the
- 2:06:19Speaker 1: way we do statistics. No, it's not. It's just not
- 2:06:24Speaker 1: so uh you know in it's in. It's uh, it's
- 2:06:30Speaker 1: it's it's it's bs that the problem, the real problems
- 2:06:34Speaker 1: in the world, and it's just the statistics are lying
- 2:06:36Speaker 1: to us. It's just not true, Richard. We're appealing the
- 2:06:43Speaker 1: Williams Act, which created tender offer requirements and public disclosure
- 2:06:47Speaker 1: after buying five percent of a company's shares have allowed
- 2:06:50Speaker 1: faster restructuring and growth in the seventies and eighties. Also
- 2:06:53Speaker 1: a poison pills legitimate at all. Yes, I mean the
- 2:06:56Speaker 1: Williams Act slowed down the ability fast off takeos to
- 2:07:02Speaker 1: happen and for a change of ownership and for the
- 2:07:06Speaker 1: kind of restructuring of American business to happen. One of
- 2:07:09Speaker 1: the things that Drexel and Michael Milklan did was find
- 2:07:11Speaker 1: ways around that. But yes, ultimately the Williams Act favors
- 2:07:19Speaker 1: incumbent managers and does everything to protect them, and that's
- 2:07:23Speaker 1: not what you want in the dynamic capitalist market. So
- 2:07:27Speaker 1: Williams Act, I think was passing sixty eight should have
- 2:07:31Speaker 1: been repealed. But there's so many things like that in
- 2:07:33Speaker 1: finances should be repealed. Poison pills, I think it's they are.
- 2:07:42Speaker 1: They are legitimate if you're willing to defend them in
- 2:07:46Speaker 1: a court. Once shoolders sue you for not maximizing their wealth,
- 2:07:51Speaker 1: and you should. Shoolders should be allowed to sue managers
- 2:07:57Speaker 1: for threatening or exercising a poison pill. Now, boys and
- 2:08:00Speaker 1: pills are often used just as a negotiating tactic, and
- 2:08:03Speaker 1: in that sense they increased shoholder wealth or can increase
- 2:08:07Speaker 1: shoulder wealth. But if they're actually executed and destroyed, a
- 2:08:11Speaker 1: wealth creating event managers should be liable, and there should
- 2:08:18Speaker 1: be the ability to sue them for whatever loss there was.
- 2:08:25Speaker 1: The Oceanists leftists will look you straight in the eye
- 2:08:29Speaker 1: and call AOC or Bernie centrists the nuts. I mean
- 2:08:34Speaker 1: the only way in which they're centrists if is if
- 2:08:37Speaker 1: what they could see consider fall left to be either
- 2:08:41Speaker 1: out and out communists or out and out nihilists. The
- 2:08:46Speaker 1: Antifa like nihilists, but no AOC and Bernie Sanders out
- 2:08:51Speaker 1: there on the left. They're not as bad as antifau.
- 2:08:56Speaker 4: But.
- 2:08:58Speaker 1: In a sense of it's she unadulterated nihilism of them,
- 2:09:03Speaker 1: but they're bad Oceanis. Again, thank you AOC for keeping
- 2:09:09Speaker 1: the stereotype of the Americans being bad at geography alive. Yes,
- 2:09:15Speaker 1: we don't want that particular stereotype to go away. It's
- 2:09:18Speaker 1: actually a true stereotype. Americans are really really bad at geography.
- 2:09:22Speaker 1: I first hand, plenty of first that experience with that.
- 2:09:26Speaker 1: Most Americans have no clue about geography, and that goes
- 2:09:32Speaker 1: back that's not modern. I remember going to school in
- 2:09:35Speaker 1: the US in the mid seventies and my schoolmates had
- 2:09:39Speaker 1: no clue about geography. I mean literally, they had no
- 2:09:41Speaker 1: idea where Vietnam was even though the Vietnam War had
- 2:09:45Speaker 1: just ended. Gary Aoc seems like a recipe for Jdvents
- 2:09:52Speaker 1: twenty twenty eight. If his circle is smart, they'll do
- 2:09:56Speaker 1: anything they can do to get her in the ballot.
- 2:10:00Speaker 1: Cheers to George Washington. Yes, I think AOC would if
- 2:10:05Speaker 1: she ran against Day Events. It's the one chance to
- 2:10:07Speaker 1: day evans Is actually has a winning Roman parts for
- 2:10:14Speaker 1: prototypes are widely available in China. If the West loses
- 2:10:18Speaker 1: such companies, isn't it fair to say that this puts
- 2:10:22Speaker 1: US in a market disadvantage prototypes prototypes of what I mean, Yeah,
- 2:10:28Speaker 1: then we'd have to we'd have to recreated We're going
- 2:10:32Speaker 1: to be at disadvantaged. But it doesn't mean we can't
- 2:10:35Speaker 1: replace that. And look, if China is a real threat
- 2:10:39Speaker 1: to the United States, and maybe we shouldn't trade with
- 2:10:41Speaker 1: them at all. But I don't know what prototypes you're
- 2:10:46Speaker 1: talking about, prototypes of what, But you know, we'll just
- 2:10:49Speaker 1: have to recreate the industries. It'll be expensive, it'll take
- 2:10:53Speaker 1: a little bit of time, but there's nothing we can't
- 2:10:55Speaker 1: do if it's really necessary to do it. And of
- 2:10:59Speaker 1: course we can also instead of bringing it to America.
- 2:11:03Speaker 1: We can also what's called friend show it and encourage
- 2:11:05Speaker 1: the Mexicans or the Argentinians or the Brazilians of the
- 2:11:08Speaker 1: Canadians to build it instead. And that's not what Trump
- 2:11:14Speaker 1: is doing. He's alienating all those countries instead of encourage
- 2:11:18Speaker 1: them to friend shore friend shore, being industry to shore
- 2:11:23Speaker 1: with friendly countries. Philosophy at work. Would you consider a
- 2:11:28Speaker 1: discount for a song review if it comes with a
- 2:11:31Speaker 1: guarantee that you will enjoy every aspect of the song? Sure,
- 2:11:36Speaker 1: make me an offer, I like numbers. Do white people
- 2:11:41Speaker 1: have special responsibility with race? No? I mean the only
- 2:11:47Speaker 1: special responsibility they have is to stop being racist. That is,
- 2:11:53Speaker 1: to stop acknowledging race, to stop thinking in terms of race,
- 2:11:57Speaker 1: to stop thinking in terms of white versus non white,
- 2:12:00Speaker 1: to stop thinking about it. That's the only responsibility they have.
- 2:12:06Speaker 1: But look, everybody who's racist going far back enough. But racism,
- 2:12:11Speaker 1: call race is a fairly modern phenomena. It's an early
- 2:12:17Speaker 1: nineteenth century, maybe late eighteenth century invention. Before it was
- 2:12:22Speaker 1: just about skincallo or ethnicity or religion. Race is a concept,
- 2:12:29Speaker 1: of relatively modern concept. Roman. The People's Republic of China
- 2:12:36Speaker 1: is not a democracy, should companies registered in Hong Kong,
- 2:12:39Speaker 1: China therefore actually be considered valid in law for what purpose?
- 2:12:46Speaker 1: I mean, as long as they come to the United States,
- 2:12:50Speaker 1: they have to abide by the law in the United States,
- 2:12:53Speaker 1: So why not and you know by everywhere. That is,
- 2:13:00Speaker 1: if you take your company and go and do stuff
- 2:13:03Speaker 1: in China, you have to beware there's a cost. You're
- 2:13:10Speaker 1: dealing with the country that's not free, and that could
- 2:13:14Speaker 1: confiscate your assets. It could force you into doing things
- 2:13:16Speaker 1: you don't want to do. So you have a choice
- 2:13:18Speaker 1: whether to go into China or not. Daniel, is an
- 2:13:24Speaker 1: individual's characteristics, free disposition, et cetera that you're asking to
- 2:13:30Speaker 1: judge be rooted at least in part in their collective identity. Well,
- 2:13:38Speaker 1: I don't think there is such a thing as collective identity.
- 2:13:42Speaker 1: I mean, does the culture on which you grow up
- 2:13:44Speaker 1: impact you? Sure, But you and the end of the day,
- 2:13:50Speaker 1: create what's important about you. You create your character. You
- 2:13:57Speaker 1: choose your value, you choose the ideas, the shape your actions,
- 2:14:07Speaker 1: You choose the actions that you take. So sure you're
- 2:14:11Speaker 1: going to be influenced by the culture. It's an extent
- 2:14:12Speaker 1: that you abandon your own mind. The more you engage
- 2:14:19Speaker 1: with building your own soul, your own character, your own personhood,
- 2:14:23Speaker 1: the less influenced culture will have on you. But yeah,
- 2:14:26Speaker 1: I mean, you might like certain foods because you grew
- 2:14:28Speaker 1: up with that food. You might that non significant, the
- 2:14:31Speaker 1: insignificant stuff might be affected by the culture in which
- 2:14:34Speaker 1: you grew up. But again, none of that is race,
- 2:14:36Speaker 1: none of that is ethnicity. You know, do I understand
- 2:14:41Speaker 1: Jewish humor better than somebody who didn't grow up amongst Jewish? Sure,
- 2:14:47Speaker 1: but that's not important. It's important for which comedy I
- 2:14:52Speaker 1: might enjoy, but it's not important for my life or
- 2:14:54Speaker 1: how you should judge me, you know, So, No, nothing important.
- 2:15:03Speaker 1: And what I want you to judge people based on
- 2:15:06Speaker 1: is their character, their actions, their ideas, how they implement
- 2:15:11Speaker 1: those ideas, their integrity, their independence, their honesty. That's what
- 2:15:15Speaker 1: I want you to judge people on. Alex says you
- 2:15:19Speaker 1: don't have TDS. Thank you, Alex, I appreciate that. I
- 2:15:23Speaker 1: know I don't. I like numbers. Could it be racist
- 2:15:28Speaker 1: to note Rubio's skin tone? Well, it depends for what purpose.
- 2:15:33Speaker 1: If you're noting a skin tone just as an observation
- 2:15:37Speaker 1: of different people's skin tones, then no, if you're noting
- 2:15:42Speaker 1: it in terms of Rubio probably doesn't put need to
- 2:15:46Speaker 1: put as much suntan lotion on when he goes to
- 2:15:49Speaker 1: beach as I do. That's not racist. But if you
- 2:15:53Speaker 1: attribute to skinne tone any kind of meaning that is
- 2:15:58Speaker 1: associated with this character, ideas his belonging or not belonging
- 2:16:03Speaker 1: to America or to Europe, or or to Western civilization
- 2:16:07Speaker 1: or anything like that, then it's racist. Quickens to what
- 2:16:15Speaker 1: extent does a nation need to protect its citizens' rights
- 2:16:18Speaker 1: in order to be considered a sovereign nation. Well, I
- 2:16:21Speaker 1: mean what the exact line is is hard to tell.
- 2:16:24Speaker 1: But suddenly, to be a sovereign nation, you have to
- 2:16:27Speaker 1: have i'd say free elections. That is, you have to
- 2:16:31Speaker 1: have the ability to replace political parties political leadership. You
- 2:16:36Speaker 1: have to have free speech, and you can't imprison political prisoners.
- 2:16:42Speaker 1: You can't imprison people for their political views you have
- 2:16:47Speaker 1: If you don't have those three, If you have political
- 2:16:52Speaker 1: freedom elections, if you have protection of free speech, and
- 2:16:55Speaker 1: you don't imprison your right political rivals, then I think
- 2:16:58Speaker 1: you should be considered sovereign. That is the minimum. The oceanist.
- 2:17:04Speaker 1: A lot of my training in the Marines was to
- 2:17:06Speaker 1: prepare US for a near pier force, which meant Russia.
- 2:17:11Speaker 1: After watching the Russian Ukraine War, I can tell you
- 2:17:14Speaker 1: that we definitely overestimated our adversaries. Yes, I know. I
- 2:17:18Speaker 1: mean I see every single war and I don't because
- 2:17:21Speaker 1: I've faced at least Russian equipment and it was pathetic.
- 2:17:24Speaker 1: And I told you that the first day of the
- 2:17:26Speaker 1: Ukraine War that the Russians would fail. And because of
- 2:17:30Speaker 1: I know the equipment and equipment says, by the way,
- 2:17:33Speaker 1: a lot about the army, the attitude, because Russian equipment
- 2:17:38Speaker 1: is anti person, anti the soldier. It's not suited for soldiers.
- 2:17:46Speaker 1: It's it's you know, it's theoretic. It doesn't care people
- 2:17:51Speaker 1: treated like meat, like cannon fodder. They don't think about
- 2:17:55Speaker 1: the value of soldiers' lives. That tells you a lot
- 2:17:59Speaker 1: about what you need to know about an army. And
- 2:18:02Speaker 1: an army that treats it soldier just like that is
- 2:18:04Speaker 1: not going to win wars. And an army that builds
- 2:18:07Speaker 1: equipment like that is not going to win wars. So yeah,
- 2:18:12Speaker 1: I mean their battle tanks. I know firsthand about their
- 2:18:16Speaker 1: battle tanks and the battle tacks because I was trained
- 2:18:20Speaker 1: at battle techs to combat Russian made battle tanks. The
- 2:18:27Speaker 1: seventy twos are super cramped, and yet they only have
- 2:18:29Speaker 1: three members. They have an automatic loader, and when you
- 2:18:33Speaker 1: look at the automatic loader, it breaks constantly. So what
- 2:18:38Speaker 1: we discovered in Israeli militaries you didn't have to hit
- 2:18:41Speaker 1: the T seventy two to disable it. You just had
- 2:18:44Speaker 1: to have a bomb explode close to T seventy two
- 2:18:47Speaker 1: and the automatic loader would malfunction and then the rest
- 2:18:53Speaker 1: of the crew would run away. And that's how it
- 2:18:56Speaker 1: is captured. The first T seventy two in nineteen eighty
- 2:18:59Speaker 1: two war is not by hitting it, by hitting close
- 2:19:02Speaker 1: to it. It was just and that was at the
- 2:19:04Speaker 1: time state of the art, super duper, the best tank
- 2:19:09Speaker 1: in the world, and yet it couldn't stand up to
- 2:19:13Speaker 1: an old Centurion British tank that Israel is always using.
- 2:19:19Speaker 1: That it just started getting the American m whatever tanks
- 2:19:25Speaker 1: and it just had the first batch of the Milkova,
- 2:19:29Speaker 1: which is Israeli mad tank. But you compare an Israeli
- 2:19:32Speaker 1: may tank or an American may tank to a Russian
- 2:19:35Speaker 1: may tank, it's just no comparison. Compare compare up fifteen
- 2:19:40Speaker 1: to make anything. Compare never mind thirty five. It just
- 2:19:44Speaker 1: there's no there's no there there. Now the question is
- 2:19:47Speaker 1: it's China better And I don't know. Maybe a China
- 2:19:51Speaker 1: is near peer, but Russia was never near peer. Yeah,
- 2:20:00Speaker 1: I mean never come as a conditioning. Can you imagine
- 2:20:06Speaker 1: ac in a tank? That's ridiculous. That's how that's how
- 2:20:12Speaker 1: comfortable they are. Matt, please make your want to stop
- 2:20:16Speaker 1: Racism rant into a short. It's funny the people who
- 2:20:20Speaker 1: correctly gave you this advice to the left are behaving
- 2:20:24Speaker 1: the same way. God, I wish I remembered where I
- 2:20:28Speaker 1: made the one to stop Racism rant. If you have
- 2:20:31Speaker 1: a time stamp, let me know. Mindspan, did you see
- 2:20:38Speaker 1: that Israeli co creative TV series Tehran. Dana Evan was
- 2:20:42Speaker 1: found dead in a hotel yesterday in Greece while filming
- 2:20:45Speaker 1: fourth season of Tehran. Yes and early speculations while she
- 2:20:50Speaker 1: was murdered by the Ranians for daring to portray them
- 2:20:54Speaker 1: as bad guys in the TV series, But it sadly
- 2:20:57Speaker 1: it was probably a suicide, but they're still not sure.
- 2:21:01Speaker 1: So there's still conflicting reports, but there's no definitive answer
- 2:21:05Speaker 1: as to how she died. At least last time I
- 2:21:09Speaker 1: looked real spark. Why did gold go from fifty three
- 2:21:13Speaker 1: hundred to forty seven hundred last week? I don't know,
- 2:21:17Speaker 1: And I don't know why it went to fifty three
- 2:21:18Speaker 1: hundred to begin with, and I don't know why it's at.
- 2:21:23Speaker 2: What is it?
- 2:21:24Speaker 1: It's at five thousand now, so I mean it's a
- 2:21:27Speaker 1: speculative ascid right now, and people are speculating and about
- 2:21:31Speaker 1: where it's going to be in the future. I think
- 2:21:33Speaker 1: it's decoupled in my view, and I know this countrydicts
- 2:21:36Speaker 1: a lot of the people out there. In my view,
- 2:21:39Speaker 1: it's been decoupled from fundamentals, from measures of inflation, the
- 2:21:46Speaker 1: dollars value, the economy, geopolitical risk. I think it's decoupled
- 2:21:53Speaker 1: from all of those. I think now it's just it's
- 2:21:56Speaker 1: a little better. But it's trading like bitcoin Bitcoin, by
- 2:22:01Speaker 1: the way, which is under seventy thousand now and pretty
- 2:22:04Speaker 1: solidly under seventy thousand. Once in a while it peaks
- 2:22:06Speaker 1: above and then drops down, and it's actually gone down
- 2:22:10Speaker 1: as low as I think sixty three thousand, but it's
- 2:22:14Speaker 1: trading at sixty eight to five now, so it's very volatile.
- 2:22:17Speaker 1: Why is it any given point because that's where investors
- 2:22:20Speaker 1: want it to be. It's there's no real there's no
- 2:22:25Speaker 1: there there now with bitcoin, the costs a minor bitcoin
- 2:22:30Speaker 1: about sixty five thousand dollars. So right nowers even if
- 2:22:35Speaker 1: they get a coin are not being rewarded forgetting it.
- 2:22:38Speaker 1: So bitcoin's in trouble. We'll see where it has. It
- 2:22:42Speaker 1: could head way up from now, but it's it's miners
- 2:22:45Speaker 1: at least in trouble right now. Real Spock. When I
- 2:22:49Speaker 1: read LP Lenipeak of Phenomenous Parallels describe the philosophies of
- 2:22:54Speaker 1: contin hegel, it sounded like hippie junk. Why didn't anyone
- 2:22:58Speaker 1: call out these guys as nuts? Well, because it's very sophisticated,
- 2:23:04Speaker 1: and it's very consistent with like the rationalist philosophy, particularly
- 2:23:09Speaker 1: cont of the past, and there was very little kind
- 2:23:17Speaker 1: of solid Enlightenment based rational philosophy from which to criticize it.
- 2:23:23Speaker 1: And they just it's very technical, and people struggled with
- 2:23:28Speaker 1: figuring it out because they they themselves had different versions
- 2:23:34Speaker 1: of bad philosophy. I think to really get Kant, you
- 2:23:39Speaker 1: have to have iron Ran first to really get him,
- 2:23:42Speaker 1: to really really get the badness, the evil of it,
- 2:23:46Speaker 1: the nonsense of it, you have to first be I
- 2:23:49Speaker 1: think hegel is easy to see his nuts, and I
- 2:23:52Speaker 1: think some of the Anglo Saxon philosophers saw that. But
- 2:23:57Speaker 1: in Germany he was leveraging content. Don't you accept Contageler's
- 2:24:01Speaker 1: more manageable legacy Roman imagine it. Imagine having a Marxist
- 2:24:11Speaker 1: collectivest backlash against mega fascism in the upcoming election, while
- 2:24:15Speaker 1: the CCP is moving away from communism, saying Dang Chopeing
- 2:24:19Speaker 1: considered it a failed economic model. Well that's not fair, yeah,
- 2:24:25Speaker 1: Dang Chaping, that's right. Dn Chapeing moves away from communism. Yes,
- 2:24:28Speaker 1: I mean, yes, there's definitely a resurrection. I think again,
- 2:24:32Speaker 1: the left is looking for anchors, it's looking for foundations,
- 2:24:38Speaker 1: and the post colonialism woke stuff is kind of blew
- 2:24:44Speaker 1: up in their face, and so they're going back, maybe
- 2:24:48Speaker 1: to their roots. It doesn't mean they're abandoning the post
- 2:24:51Speaker 1: colonial stuff, the intersectionality stuff. They'll just emphasize their class
- 2:24:59Speaker 1: struggle marks the stuff more because they know WOC is
- 2:25:04Speaker 1: so unpopular. Neo Egypt's military is getting strong, worrying. No,
- 2:25:13Speaker 1: remember Egypt's military is all US equipment. I don't think
- 2:25:20Speaker 1: they can function in a war without America support. With
- 2:25:26Speaker 1: America support Egypt attacking Israel. If they did, that would
- 2:25:31Speaker 1: be a real problem. But you know, Israel modifies all
- 2:25:35Speaker 1: the equipment he gets on America. So American f thirty
- 2:25:38Speaker 1: fives are the best in the world. So all right,
- 2:25:50Speaker 1: philosophy work has found a song. He's cheating a little
- 2:25:55Speaker 1: bit that I would like, but I'll take it for
- 2:26:00Speaker 1: fifty euros. Thank you. We'll do that. So I'm not
- 2:26:05Speaker 1: too you know, I think we should always worry and
- 2:26:08Speaker 1: watch them, but I'm not overly worried about the Egyptian army.
- 2:26:12Speaker 1: And again, the motivation of the military commanders is not
- 2:26:15Speaker 1: high or the soldier is not high. So all right.
- 2:26:19Speaker 1: Roman eradicate vocused ideas by highlighting the superiority of trade
- 2:26:26Speaker 1: between individuals over territorial property conquests through force. Yes, yeah,
- 2:26:31Speaker 1: I mean at the end of the day, individualism is
- 2:26:35Speaker 1: the philosophy that says trade with other people are the
- 2:26:37Speaker 1: individuals win win. Engage in trade with other people on
- 2:26:41Speaker 1: the other side of the ocean, you're still trading with individuals.
- 2:26:44Speaker 1: Countries don't trade, collectors don't trade. Individuals do and trade
- 2:26:50Speaker 1: is win win, and people get that at some level.
- 2:26:53Speaker 1: And yeah, we need to abandon the collectivistic view of economics,
- 2:26:57Speaker 1: the collectivistic view of anything in life, everything in life.
- 2:27:01Speaker 1: All right, guys, thank you, I appreciate it. We did
- 2:27:06Speaker 1: phenomenally well on super Chats, so thank you. We're only
- 2:27:10Speaker 1: thirty nine dollars away from our seven hundred and fifty goal,
- 2:27:15Speaker 1: which is great. I will see you all tomorrow. Tomorrow's
- 2:27:22Speaker 1: show is I think it's a little later usually. Yeah,
- 2:27:26Speaker 1: tomorrow show will be three pm East Coast time Tomorrow,
- 2:27:29Speaker 1: three pm eas Coast time. Before you leave, like the show,
- 2:27:33Speaker 1: subscribe if you're not a subscriber, like and subscribe, Like
- 2:27:36Speaker 1: and subscribe, and don't forget patreon dot com your on
- 2:27:40Speaker 1: book show monthly support. See you tomorrow. Bye, everybody,