Latest / Yaron Brook Show / War?; ICE; Cronyism; Soccer; Homeschooling; Chat Control; Costco; Achievement | Yaron Brook Show

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War?; ICE; Cronyism; Soccer; Homeschooling; Chat Control; Costco; Achievement | Yaron Brook Show · Yaron Brook Show

• 0:02
  Speaker 1: Dull, radical thull radical fundamental principles of freedom, rational self interest,
• 0:37
  Speaker 1: and individual rights. This is the Uran Brook Show. Hey
• 0:48
  Speaker 1: for some reason no uh no music, so not you
• 0:54
  Speaker 1: exactly what is going on here? Anyway? Welcome to you
• 0:58
  Speaker 1: on book show. Usually we have some nation introduct to
• 1:01
  Speaker 1: your music. I'm not sure what happened today, but hopefully
• 1:05
  Speaker 1: sound good. If somebody in the chat can just give
• 1:07
  Speaker 1: me a thumbs up and let me know all is good.
• 1:11
  Speaker 1: For whatever reason, whatever reason, my sonboard is not working right,
• 1:19
  Speaker 1: it's not something's off, all right, somebody in the chat
• 1:27
  Speaker 1: combs up, anybody, somebody, anybody, just let me know. I'm
• 1:34
  Speaker 1: not talking to.
• 1:37
  Speaker 2: Uh to.
• 1:40
  Speaker 1: Nothing else. All right, video and the audio good, Thank you,
• 1:46
  Speaker 1: Shawsbott appreciate it. All right, guys, let's we'll start with U.
• 1:52
  Speaker 1: Just watch the Frans Morocco game. There's a good game
• 1:57
  Speaker 1: as expected Frans. One beautiful goal by Mbeppe and Thembelli.
• 2:04
  Speaker 1: Thembelli I think is the is the name of the
• 2:06
  Speaker 1: other French player. I really do think Frans is probably
• 2:09
  Speaker 1: the best team in the world right now. It's going
• 2:13
  Speaker 1: to be difficult to beat them. They've made it to
• 2:18
  Speaker 1: the last two World Cup finals. So this will be
• 2:24
  Speaker 1: three in a row if they make it to this final.
• 2:27
  Speaker 1: So they being over the last twelve years the best
• 2:30
  Speaker 1: team in the world, you know, there's a team that
• 2:33
  Speaker 1: can beat them. The two teams that can beat them potentially,
• 2:35
  Speaker 1: I think, and that is Spain, who beat them in
• 2:41
  Speaker 1: the European finals this year. So Spain could beat them,
• 2:45
  Speaker 1: and of course Argentina Argentina could beat them because they're
• 2:48
  Speaker 1: Messine for no other reason, I don't think. I don't think,
• 2:53
  Speaker 1: you know, kind of normally Argentina would would win that
• 2:57
  Speaker 1: game without Messy, but as we saw last World Cup,
• 3:02
  Speaker 1: they can, they can, they can make it happen. So
• 3:04
  Speaker 1: it's gonna be some exciting games. Tomorrow is Belgium Spain.
• 3:10
  Speaker 1: I expect Spain to win that game. Then we've got
• 3:13
  Speaker 1: England Norway. I expect England to win that game. Then
• 3:17
  Speaker 1: you've got Argentina, Argentina Switzerland. I definitely think Argentina will
• 3:25
  Speaker 1: win that game. Although Argentina has been big on drama,
• 3:29
  Speaker 1: big gun setting us up for maybe they'll lose the game,
• 3:32
  Speaker 1: maybe they won't win. So Argentina Argentina, of course, hard
• 3:38
  Speaker 1: to tell. So then you'll have you'll have Spain fans,
• 3:42
  Speaker 1: which is hard to predict. Frans is probably the better
• 3:45
  Speaker 1: team by a little bit, but Spain hasn't played the
• 3:49
  Speaker 1: best football yet, so we'll see either either team could
• 3:53
  Speaker 1: win that one. And then it's Argentina England, and again
• 3:56
  Speaker 1: either team could win that one. England's really played well
• 3:59
  Speaker 1: and Argentina has played well in bits like the last
• 4:06
  Speaker 1: few minutes of the last game they played, but they
• 4:09
  Speaker 1: haven't played great for the rest of the rest of
• 4:12
  Speaker 1: the games. Anyway, that is my World Cup update. I'm
• 4:16
  Speaker 1: looking forward to all the games. Tomorrow, the show will
• 4:19
  Speaker 1: probably be early one pm Eastern Time so that I
• 4:24
  Speaker 1: can catch the three pm Eastern time Spain game, and
• 4:29
  Speaker 1: then I think the same thing will have to happen
• 4:31
  Speaker 1: on Saturday. We'll have to have an early an early
• 4:37
  Speaker 1: show so we can catch the two games. The two
• 4:41
  Speaker 1: games after that. All right, I've got a bunch of announcements.
• 4:47
  Speaker 1: I'll make those at the end of the program, but
• 4:51
  Speaker 1: I do have a link for those of you who
• 4:55
  Speaker 1: want to attend my Peterson Academy class courses. I'm doing two,
• 5:01
  Speaker 1: one of them on iron Ran eight hours on iron Ran.
• 5:03
  Speaker 1: That that'll be a lot of fun. I've never done
• 5:06
  Speaker 1: that before. I'm kind of nervous about it and doing
• 5:09
  Speaker 1: a lot of work to prep for that. That's consuming it.
• 5:12
  Speaker 1: On the second one will also be fun. If you
• 5:14
  Speaker 1: like finance, a bench capital and private equity, that'll be
• 5:17
  Speaker 1: That'll be a lot of really interesting and a lot
• 5:19
  Speaker 1: of fun. It's going to be a Friday, Saturday, Sunday, Monday.
• 5:23
  Speaker 1: It'll be intense. Sixteen hours of teaching in four days.
• 5:26
  Speaker 1: Sixteen hours of teaching in four days. And I know
• 5:29
  Speaker 1: I have the link for that somewhere, and I will
• 5:33
  Speaker 1: I will get that. I will get that to you.
• 5:38
  Speaker 1: I get that to you later so that you can
• 5:41
  Speaker 1: those of you want to come can can sign up
• 5:44
  Speaker 1: for it. Yep, there it is all right. I got
• 5:47
  Speaker 1: the link, all right. I'm gonna put it in the
• 5:51
  Speaker 1: chat now and then I'll put in the chat again
• 5:54
  Speaker 1: later and you guys can can access it. All right.
• 6:02
  Speaker 1: So ion, I mean, what do we say about I won?
• 6:08
  Speaker 1: There's nothing much to be said, I guess. Uh. You know.
• 6:12
  Speaker 1: Trump decided a few days ago, just on Monday, actually,
• 6:16
  Speaker 1: just before he was getting on a plane to fly
• 6:18
  Speaker 1: to Turkey. Uh you know, Uh, Rubio and hex Seth
• 6:23
  Speaker 1: came to his office and said, Hey, the the Ranians
• 6:25
  Speaker 1: attacking ships in the state in a state of Homos,
• 6:29
  Speaker 1: and uh, you know, they had a discussion about what
• 6:33
  Speaker 1: to do and and so on and and uh. Supposedly,
• 6:37
  Speaker 1: according to Walstein journal, Trump was angered by the strikes
• 6:41
  Speaker 1: and then he kind of pushed uh to push tech
• 6:44
  Speaker 1: Seth and and WEO about whether they believed Eon was
• 6:46
  Speaker 1: serious about a deal. Really he had to push uh.
• 6:51
  Speaker 1: And I mean luckily it was Hexeth and Rubio or
• 6:55
  Speaker 1: not a JD. Vans would said, Oh, of course, there's
• 6:57
  Speaker 1: a mistake. Those missiles were not talkingting ships. They accidentally.
• 7:02
  Speaker 1: Rubio and Access have been relatively pro the war with
• 7:07
  Speaker 1: you on an anti deceased fire and anti the MoU,
• 7:09
  Speaker 1: I think. So they convinced him, and after discussion, the
• 7:15
  Speaker 1: President decided they weren't you know, serious about the about
• 7:20
  Speaker 1: the deal. And yeah, so you know, since then, Trump
• 7:26
  Speaker 1: has stripped stripped them from the the sanction relief, he
• 7:33
  Speaker 1: revoked the oil selling license. And then now we've had
• 7:38
  Speaker 1: several rounds of attacks against military facilities along the coast,
• 7:44
  Speaker 1: along the coast of the Strait of Homos. Again, I'm shocked, surprised,
• 7:50
  Speaker 1: disappointed that the Iranians still have any military facilities that
• 7:53
  Speaker 1: are left standing on the shores of the Strait of
• 7:56
  Speaker 1: Homos that should have been the priority during the war,
• 8:01
  Speaker 1: and Trump of course threatened to hit civilian infrastructure hasn't
• 8:06
  Speaker 1: yet threatened, including desalination plants, but hasn't done anything threatened,
• 8:13
  Speaker 1: and the Avenians are blaming the US for violating the deal.
• 8:20
  Speaker 1: And it's a complete mess, completely stupid and not at all,
• 8:31
  Speaker 1: I guess surprising. If you've been following the Ion book show,
• 8:34
  Speaker 1: you knew that I won was never serious about this.
• 8:38
  Speaker 1: We've talked about this over and over again. Yon has
• 8:42
  Speaker 1: you know, is not going to give in on their
• 8:44
  Speaker 1: agenda and what they want. The only way to defeat
• 8:47
  Speaker 1: IWON is to defeat them. You don't defeat them through negotiations.
• 8:51
  Speaker 1: That's not going to happen. And they've discovered that they
• 8:54
  Speaker 1: control the Homo Straits, the States of Homo, so they
• 8:58
  Speaker 1: are not going to walk away from that. That is
• 8:59
  Speaker 1: like that is like gold that They're just not going
• 9:02
  Speaker 1: to walk away from it. They're gonna embrace it and
• 9:04
  Speaker 1: they're gonna take advantage of it. So we've seen this
• 9:07
  Speaker 1: tit for tat. Yesterday, the Iranians attacked bases in Kwait Yui.
• 9:15
  Speaker 1: They also attacked I think they eight eight ballistic missiles
• 9:20
  Speaker 1: to Jordan, to US base and Jordan. I haven't heard
• 9:23
  Speaker 1: of any US casualties. I haven't heard of significant damage.
• 9:27
  Speaker 1: But it's hard to tell. We will see, we will
• 9:32
  Speaker 1: see what happens. You know, people are saying, oh, paragraph
• 9:38
  Speaker 1: five of the m o U is ambiguous about you know,
• 9:43
  Speaker 1: what exactly happens with the Strait of Homos, And that's
• 9:46
  Speaker 1: the problem. No, that's not the problem. The problem is
• 9:50
  Speaker 1: an Uranian regime dedicated to controlling in the Middle East,
• 9:57
  Speaker 1: dedicated to surviving, dedicated controlling the Strait and using this
• 10:03
  Speaker 1: newfound power that they have to milk the America and
• 10:07
  Speaker 1: the rest of the world for everything that they can.
• 10:10
  Speaker 1: It's not an issue the wording. Uh. Now, there seem
• 10:18
  Speaker 1: to be some attacks today on in Iran, so tonight
• 10:26
  Speaker 1: some bombing in Iran, But the United States says it's
• 10:29
  Speaker 1: not us, and that these Raelis are saying it's not them.
• 10:35
  Speaker 1: So nobody knows who it is. So there are a
• 10:40
  Speaker 1: lot of rumors out there. But supposedly, and this is again,
• 10:46
  Speaker 1: what do you call it, a fog of war and
• 10:48
  Speaker 1: all of that. Supposedly, Uh, it's quite Yui and Bahwin.
• 10:55
  Speaker 1: So suppose the Arab bombis have now come into this
• 10:59
  Speaker 1: conflict and are directly attacking the Iranians. Directly attacking the Iranians,
• 11:06
  Speaker 1: h coordinating and coordinating targets and I'm sure getting intelligence
• 11:10
  Speaker 1: from the Americans, but they are flying the airplanes into
• 11:14
  Speaker 1: the Ranian space. Suppose from Quait Uh they were launching
• 11:18
  Speaker 1: some ground to ground missiles into Yuan. So again this
• 11:23
  Speaker 1: is not verified. But yeah, it's about time that the
• 11:27
  Speaker 1: Gulf States use some of that unbelievably expensive equipment that
• 11:32
  Speaker 1: the United States has sold them. I mean, Saudi Arabia
• 11:35
  Speaker 1: has one of the most expensive militaries in the world,
• 11:39
  Speaker 1: and it's about time they go out there and start
• 11:42
  Speaker 1: defending themselves. Note that nobody is claiming the Saudi Arabia
• 11:46
  Speaker 1: is involved. No, those cowards are not attacking and not
• 11:50
  Speaker 1: going to attack Yuan. But the Uee Bahrain and maybe
• 11:54
  Speaker 1: Quake would be Quait would be a new one, right.
• 11:57
  Speaker 1: Ue and Bahrain are part of the ABAM Accords and
• 12:02
  Speaker 1: and basically very poor. American quite not so much, so
• 12:09
  Speaker 1: it would be interesting if quit participated in this and
• 12:13
  Speaker 1: did it and did it themselves. Again, all of this
• 12:16
  Speaker 1: needs confirmation. We don't we don't really know. It's coming
• 12:21
  Speaker 1: from a variety of sources. Israeli media is reporting it,
• 12:24
  Speaker 1: but none of it has been really verified. So what
• 12:29
  Speaker 1: happens nobody knows. Trump is fed up with the Iranians.
• 12:33
  Speaker 1: He's not really interested in negotiating. But he's not really
• 12:36
  Speaker 1: interested in winning this war either. He doesn't want to
• 12:40
  Speaker 1: be an award during the midterm run up to the midterms.
• 12:44
  Speaker 1: There's no easy path here. There's no quick path to victory.
• 12:50
  Speaker 1: That many paths to victory, but none of them are easy.
• 12:53
  Speaker 1: None of them are quick, and he should force open
• 12:59
  Speaker 1: the it's a homos but again, that's not quite that's
• 13:04
  Speaker 1: not easy, that's not cheap cheap in terms of risk,
• 13:08
  Speaker 1: and particularly it's risky, and he's not interested. You could
• 13:12
  Speaker 1: go after leadership, you could continue going after leadership. I
• 13:15
  Speaker 1: think that could be ultimately fruitful. You could go after infrastructure,
• 13:21
  Speaker 1: really go after infrastructure. But I think the other Gulf
• 13:23
  Speaker 1: states I'm encouraging not to do that because they're afraid
• 13:27
  Speaker 1: he won goes after their infrastructure as well. And yeah,
• 13:34
  Speaker 1: it's it's basically a disaster. It's exactly what I told
• 13:39
  Speaker 1: you what happened once the MoU was signed. Once really
• 13:43
  Speaker 1: the ceasefire, the original ceasefire was signed. This war should
• 13:48
  Speaker 1: have never been ended. It should have been intensified, and
• 13:51
  Speaker 1: it would be over by now, I believe. But now
• 13:54
  Speaker 1: Trump would at negotiate. He'd liked these people. Somebody asked
• 13:57
  Speaker 1: him during past confidence why if two weeks ago he
• 14:02
  Speaker 1: said that these people were nice and rational and uh
• 14:05
  Speaker 1: and and uh you could be to deal with them
• 14:08
  Speaker 1: and friendly and all this stuff. Why now he's saying
• 14:11
  Speaker 1: the liars and all this other hateful stuff. And Joum said,
• 14:15
  Speaker 1: you know, I got to know them. I got to
• 14:20
  Speaker 1: know them. This is a man who can't think. Yeah,
• 14:23
  Speaker 1: he can only deal with concrete events, concrete situations. That's
• 14:34
  Speaker 1: that's all he can actually deal with. And uh, so
• 14:38
  Speaker 1: he can't think, he can't strategize, he can't plan. We're
• 14:41
  Speaker 1: in the hands of a an emotionless child who is
• 14:45
  Speaker 1: sending gazillions of dollars worth of troops and equipment, you know,
• 14:50
  Speaker 1: equipment and and uh and and and into war without
• 14:55
  Speaker 1: having a clue what he's doing. What he's doing. Yeah,
• 15:01
  Speaker 1: Jason said, use this paper Tiger even on the Trump
• 15:03
  Speaker 1: how about especially and the Trump especially and the Trump
• 15:08
  Speaker 1: he talks a big game, but yeah, nothing much, nothing much.
• 15:15
  Speaker 1: He's back, by the way to demanding greenland. That's a stick.
• 15:20
  Speaker 1: He's gonna go through the whole, the whole, you know,
• 15:24
  Speaker 1: until the twenty twenty, until we get a new president
• 15:27
  Speaker 1: to twenty what is it, twenty twenty, twenty thirty. Right
• 15:32
  Speaker 1: until then, we're just gonna continuous to hear about about No,
• 15:36
  Speaker 1: twenty twenty eight. What am I talking about? Twenty thirty,
• 15:38
  Speaker 1: twenty twenty eight, we'll have an election. We're gonna hear
• 15:41
  Speaker 1: about greenland, not stop, and how the Europeans are know
• 15:45
  Speaker 1: good because they won't give him greenland, and he wants greenland,
• 15:47
  Speaker 1: and he really wants greenland, and he cries himself to
• 15:49
  Speaker 1: sleep every night because they won't give him greenland. But
• 15:52
  Speaker 1: he really really wants it, and he's gonna continue to
• 15:55
  Speaker 1: demand it. But anyway, is this tits a tat? You'd
• 16:02
  Speaker 1: think the world would have learned from Israel ramas Over,
• 16:08
  Speaker 1: you know, since two thousand and seven, or Israel and
• 16:11
  Speaker 1: Chrisbela since Billy nineteen eighty five. You think you would
• 16:15
  Speaker 1: have learned that the tit for tat only strengthens joining me,
• 16:19
  Speaker 1: it only strengthens the other side. The US is not
• 16:23
  Speaker 1: doing enough damage to you on to really weaken them
• 16:26
  Speaker 1: and to really change the dynamics of what's going off on. Right.
• 16:35
  Speaker 1: Oh right, So back to another topic we talked about
• 16:39
  Speaker 1: a lot earlier in the year, and that is ICE.
• 16:45
  Speaker 1: So since ICE left Minneapolis, we've really heard very little
• 16:50
  Speaker 1: about ICE. I mean, there've been stories here and there,
• 16:52
  Speaker 1: but nothing, nothing significant, nothing dramatic. But they're still there,
• 17:00
  Speaker 1: and it really is important to note they're still there.
• 17:02
  Speaker 1: They're still rounding up hard working people who happen to
• 17:07
  Speaker 1: be here, happen to be here, who came here illegally
• 17:11
  Speaker 1: without documents, but are working. A fraction of the people
• 17:17
  Speaker 1: they are arresting, A fraction of the people they're arresting
• 17:20
  Speaker 1: are criminals. And you know, so they continue to harass
• 17:27
  Speaker 1: hardworking residents of this country. They continue to put people
• 17:34
  Speaker 1: into massive detention centers, many of those detention centers in Texas,
• 17:44
  Speaker 1: and I guess deporting many of them after processing. I'm
• 17:49
  Speaker 1: not sure what the speed of deportation actually is, but
• 17:52
  Speaker 1: they're definitely rounding them up and putting in these massive
• 17:55
  Speaker 1: warehouse detention centers. Anyway, just a few days gone, and
• 18:00
  Speaker 1: I guess it was on Tuesday. On Tuesday, ICE agents
• 18:07
  Speaker 1: shot Lorenzo Saldago Salgado Aujo. Lorenzo was a undocumented so
• 18:15
  Speaker 1: illegal immigrant. He lived in the United States for thirty
• 18:18
  Speaker 1: five years. He was a hard working individual who worked
• 18:24
  Speaker 1: in construction, had his own business, built homes, had his
• 18:28
  Speaker 1: own team of contractors, of workers, you know, so ran
• 18:33
  Speaker 1: a group, raised a family. He's got his I think
• 18:38
  Speaker 1: two of his kids have gone to college. One of
• 18:41
  Speaker 1: his kids is I think a teacher if I remember right.
• 18:45
  Speaker 1: You know, American Dream came here with nothing. It was
• 18:48
  Speaker 1: an illegal immigrant slug through the desert, settled in Houston, Texas,
• 18:56
  Speaker 1: built a family and by all by all measures, was successful,
• 19:02
  Speaker 1: not million, you know, gazillion and successful, but was successful anyways.
• 19:07
  Speaker 1: Driving for work, he had been identified, I guess by
• 19:10
  Speaker 1: ICE as an illegal immigrants. And now here is where
• 19:14
  Speaker 1: you know, there's disagreement about what actually happened. Ice at
• 19:18
  Speaker 1: some point claimed that they were trying to pull his
• 19:21
  Speaker 1: car over because they'd identified him, and that he had
• 19:26
  Speaker 1: attempted to evade arrest, rammed his car into one of
• 19:30
  Speaker 1: the ICE cars and tried to run over a federal
• 19:33
  Speaker 1: officer and they shot him in self defense. We've seen
• 19:37
  Speaker 1: those self defense before with ICE agents. This is the
• 19:43
  Speaker 1: second shooting of its kind in Texas, and there's a
• 19:47
  Speaker 1: lot of people calling for independent investigation of this one.
• 19:53
  Speaker 1: It doesn't look like the car ramming, so there's no
• 19:57
  Speaker 1: video of this. There's no detailed video. There's some video
• 20:01
  Speaker 1: just before, there's some video of his truck after. There's
• 20:06
  Speaker 1: no evidence he rammed into anybody because this truck, his van,
• 20:10
  Speaker 1: I guess, is completely clean. And it turns out they're
• 20:15
  Speaker 1: no body cams. So these ICE agents, masked thugs, engaged
• 20:23
  Speaker 1: in violence against against people who have done nothing illegal,
• 20:29
  Speaker 1: nothing wrong. Well, they've done something illegal, but they're not
• 20:32
  Speaker 1: violated anybody's rights, and they've certainly not been violent against
• 20:36
  Speaker 1: anybody as far as we know. And they're not even
• 20:39
  Speaker 1: they're not even wearing body cams, not wearing body cams,
• 20:45
  Speaker 1: so we don't really know what happened, right. Uh. The
• 20:51
  Speaker 1: three people that were in the van, The three people
• 20:54
  Speaker 1: were in the van have all been detained. I guess
• 20:59
  Speaker 1: they were of immigrants and being supposedly encouraged to quote
• 21:05
  Speaker 1: self deport leave the country quickly so that they can't testify. Now,
• 21:10
  Speaker 1: I don't know if that's true or not. So we're
• 21:14
  Speaker 1: talking about here, people going to work on a construction
• 21:17
  Speaker 1: site to build stuff. We need to build stuff in
• 21:20
  Speaker 1: this country being detained, murder killed. We don't know if
• 21:27
  Speaker 1: it's a murder. Maybe maybe he did try to run
• 21:29
  Speaker 1: over a nice agent. I don't know. We don't know,
• 21:31
  Speaker 1: nobody knows. You know, the whole process by which they've
• 21:40
  Speaker 1: done this has been you know, has been ridiculous. Sagata
• 21:49
  Speaker 1: has no record, no criminal record, so as we know,
• 21:52
  Speaker 1: didn't violate the law. Hard working guy, raised the family.
• 21:58
  Speaker 1: His son says he would have stopped if he'd seen
• 22:02
  Speaker 1: there was a law enforcement He has no history to
• 22:07
  Speaker 1: suggest he would have tried to run over an agent.
• 22:11
  Speaker 1: He was shot with a with a suppose he a shotgun, Well, no,
• 22:15
  Speaker 1: a gunshot went to the abdomen. So there's you know,
• 22:18
  Speaker 1: and his father, you know, the son set in a
• 22:25
  Speaker 1: press conference his father was in the process of applying
• 22:28
  Speaker 1: for work permit, had been in the country for almost
• 22:30
  Speaker 1: thirty five years. And yeah, I mean it's it's said,
• 22:44
  Speaker 1: it's said, there's no reason to believe this guy was
• 22:46
  Speaker 1: a bad guy. No evidence suggested. And given that they're
• 22:51
  Speaker 1: not wearing body cams and we don't have anybody who
• 22:55
  Speaker 1: actually filmed what happened, we might never know what happens. Yeah,
• 23:05
  Speaker 1: there's some video. The video suggests it shows that the
• 23:10
  Speaker 1: ICE attempting to initiate contact with his vehicle, not him
• 23:13
  Speaker 1: ramming their car, but maybe them, you know, initiating contact
• 23:19
  Speaker 1: with his car. So again evidence is coming in, different
• 23:25
  Speaker 1: evidence is coming in again. The only people who know
• 23:31
  Speaker 1: what happened to the ICE agents and the three people
• 23:33
  Speaker 1: who were in the van. If there was an investigation,
• 23:41
  Speaker 1: then they would be interviewed. But is they going to
• 23:44
  Speaker 1: be an investigation again? They've been detained and they haven't
• 23:48
  Speaker 1: heard from publicly since then. You know, who knows where
• 23:57
  Speaker 1: they land up. Who knows where they're going to be detained,
• 23:59
  Speaker 1: where they're going to be deported too, whether they self
• 24:02
  Speaker 1: deport whether they are deported now supposedly again, who knows
• 24:11
  Speaker 1: whether this is true. This is the CEO of the
• 24:15
  Speaker 1: League of United Latin American Citizens. One poor Now he says, quote,
• 24:21
  Speaker 1: they're being pressured to sign self deportation orders. They're currently
• 24:24
  Speaker 1: in detention and the self deportation. Detained migrants agree to
• 24:29
  Speaker 1: leave the country voluntarily without within a prescribed time period.
• 24:35
  Speaker 1: So again as a consequence, we might we might never
• 24:40
  Speaker 1: know what happens. But it's just tragic and sad and
• 24:45
  Speaker 1: uh and and really, you know, abolish Ice. That I've
• 24:51
  Speaker 1: been on this thing, I still think it. I still
• 24:53
  Speaker 1: believe it. This is not they're not doing law enforcement.
• 24:56
  Speaker 1: They're harassing hard working Americans. And we in that time
• 25:01
  Speaker 1: and time and time again, well not how to work
• 25:03
  Speaker 1: at Americans. They're harassing hardworking people in America who live
• 25:07
  Speaker 1: in America so they don't have their papers shoot them.
• 25:18
  Speaker 1: This also video you know, another video of also I
• 25:23
  Speaker 1: think coming out of Texas, of an ICE agent slamming
• 25:26
  Speaker 1: a man's head against a stone wall. I've seen this video.
• 25:29
  Speaker 1: It's just terrible. He sent him to hospital with a
• 25:32
  Speaker 1: fractured skull. The man hands a ready handcuff already behind
• 25:36
  Speaker 1: his back, so it's not like he's fighting, and yet
• 25:40
  Speaker 1: his head gets slammed against the wall. Agents. Then you
• 25:44
  Speaker 1: see the agents assault the guy who's filming because they
• 25:49
  Speaker 1: realize they bean caught on video. They didn't threatened to
• 25:52
  Speaker 1: shoot the witnesses with the taser, starting it up, you know,
• 25:57
  Speaker 1: firing it up, ready, getting it ready. This is actually
• 26:05
  Speaker 1: this is not this is actually in Chicago, so St.
• 26:08
  Speaker 1: Charles suburb of Chicago, Illinois. So just to remind you,
• 26:14
  Speaker 1: just to remind you, ICE is still out there. They're
• 26:18
  Speaker 1: still violating people's rights, they're still harassing hardworking people. There's
• 26:24
  Speaker 1: still not protecting you from anybody who you should fear.
• 26:29
  Speaker 1: The number of criminals they're resting is minor and insignificant.
• 26:36
  Speaker 1: You know, real criminals being dealt with by the police.
• 26:40
  Speaker 1: That's what the police did. They deal with criminals. Just
• 26:47
  Speaker 1: like week, it came out in court that ICE outright
• 26:50
  Speaker 1: invented a fake murder attempt on one of their officers
• 26:54
  Speaker 1: and tried to send a man to prison for decades
• 26:57
  Speaker 1: and claims he choked an agent even though they were
• 27:01
  Speaker 1: the ones who were actually choking him put him in
• 27:05
  Speaker 1: a chocold. They're just lying. I mean, there's this amazing statistic.
• 27:11
  Speaker 1: Let's see if I can find the statistic. Oh what
• 27:15
  Speaker 1: happened to my stat I had a stat Let me
• 27:19
  Speaker 1: see if I can find the stat I had the
• 27:23
  Speaker 1: stat You know about isis success in the courts? Right,
• 27:28
  Speaker 1: the courts judges no reason to think the judges are
• 27:32
  Speaker 1: overwhelmingly left wing or something like that. Let me see
• 27:36
  Speaker 1: if I can find this, which one would it be.
• 27:43
  Speaker 1: M It's not that I'm just looking for this with
• 27:53
  Speaker 1: the statistic. Maybe I didn't upload it. I don't have it.
• 28:00
  Speaker 2: That would be unfortunate because it was good. It doesn't
• 28:10
  Speaker 2: look good, does not look good.
• 28:12
  Speaker 1: But I think the stats showed that basically, you know,
• 28:21
  Speaker 1: the courts are significantly unhappy put it gently with Ice,
• 28:29
  Speaker 1: and that the overwhelming majority of cases, the courts are
• 28:34
  Speaker 1: chiding Ice on the way they're behaving, on the lies,
• 28:37
  Speaker 1: on the stuff they're making up on you know, on
• 28:41
  Speaker 1: the inability to produce evidence, on harassing American citizens, on
• 28:47
  Speaker 1: all of this stuff. So yeah, I mean it is
• 28:55
  Speaker 1: it's not going well for ICE in the in the courts,
• 28:58
  Speaker 1: and it's not going well I think for ICE in
• 28:59
  Speaker 1: the court of the opinion. But it's not preventing the
• 29:05
  Speaker 1: Trump administration is Trump and station. I mean the reality
• 29:11
  Speaker 1: is that ICE is Ice is very unpopular. Ice is
• 29:21
  Speaker 1: very unpopular. Uh and uh, you know this plays badly
• 29:29
  Speaker 1: for the midterm elections. We'll see. I wonder if if
• 29:34
  Speaker 1: Trump keeps Stephen Miller around, right, It's it's hard to tell,
• 29:45
  Speaker 1: all right, by the way, the ICE has doubled its
• 29:57
  Speaker 1: daily arrest numbers and it's arresting people that can detain.
• 30:05
  Speaker 1: It's just it's just, you know, it really is a catastrophe,
• 30:11
  Speaker 1: and there's there's reason to believe that Stephen Miller's influences
• 30:19
  Speaker 1: in decline and that.
• 30:24
  Speaker 2: You know.
• 30:27
  Speaker 1: That maybe Trump is gonna let off, let off a
• 30:30
  Speaker 1: little bit on this issue because because they're screwing up
• 30:35
  Speaker 1: and it's so damn up popular. All right, let's let's
• 30:46
  Speaker 1: turn what do we tell conyism. Yeah, this is a
• 30:48
  Speaker 1: good example of conyism in action. There was a law
• 30:51
  Speaker 1: being proposed in New Jersey. It's Bill A three nine
• 30:56
  Speaker 1: six eight for those who live in New Jersey A
• 30:58
  Speaker 1: three nine six eight. This is a bill that would
• 31:02
  Speaker 1: require any driverless robotaxi, like any driverless robotaxi, to be
• 31:09
  Speaker 1: equipped with cameras plus two additional distinct sense types capable
• 31:16
  Speaker 1: of detecting obstacles even if the cameras, even if the
• 31:21
  Speaker 1: cameras fail. So the two other types would be lighter
• 31:24
  Speaker 1: and radar. So cameras lighter and radar. You have to
• 31:31
  Speaker 1: have all three. Now you know, these robotaxis in other
• 31:38
  Speaker 1: cities around the country are working fine without all three.
• 31:44
  Speaker 1: And indeed, Tesla uses only cameras. Tesla does not use lighter,
• 31:52
  Speaker 1: and does not use radar, it uses only cameras, and
• 31:56
  Speaker 1: self dying Tesla's are doing a great job. So somebody,
• 32:01
  Speaker 1: one of these companies that has that uses all three
• 32:07
  Speaker 1: has lobbied the New Jersey legislature basically to bar a
• 32:13
  Speaker 1: competitor from entering the Newsey Jersey robotaxi market. I mean,
• 32:21
  Speaker 1: that's what it boils down to. This is pure coroneism,
• 32:26
  Speaker 1: pure coroniism. We don't know what's better. We don't know
• 32:32
  Speaker 1: if cameras are inferior to lighter or better than lighter.
• 32:37
  Speaker 1: We don't know yet. I mean, that's what we have.
• 32:39
  Speaker 1: Competition follow, that's what we have. Put them out there,
• 32:43
  Speaker 1: and we know they're all safe. We know they're all
• 32:48
  Speaker 1: better than human beings driving. I mean, if you want
• 32:54
  Speaker 1: to buy in something dangerous, band human beings from driving.
• 33:00
  Speaker 1: But no, I mean, let's compete. Let's see, let's see
• 33:05
  Speaker 1: what technology will come up with. Yeah, it's uh uh
• 33:18
  Speaker 1: it is really, it is really horrible when companies I
• 33:23
  Speaker 1: don't know who's doing this. If it's I don't know
• 33:25
  Speaker 1: which one of them is doing this. When companies try
• 33:29
  Speaker 1: to use the government to exclude regulated it to exclude
• 33:33
  Speaker 1: use regulations by the government to exclude competitors, it's suicidal,
• 33:38
  Speaker 1: it's crazy, and it all comes back to hoot them.
• 33:44
  Speaker 1: It all comes back to hoot them all, right. Another
• 33:51
  Speaker 1: soccer story, although this one is not on the field.
• 33:54
  Speaker 1: It's not about winners and losers on the field. It
• 33:57
  Speaker 1: turns out that if you reach like the the round
• 34:02
  Speaker 1: of eighteen sixteen, round of eighteen, round of sixteen in
• 34:09
  Speaker 1: the World Cup, FIFA pays gives your team a bunch
• 34:13
  Speaker 1: of money, in this case sixteen million dollars. And I
• 34:22
  Speaker 1: guess that goes to the team. I don't know if
• 34:24
  Speaker 1: it goes to players. I don't know. I don't know
• 34:27
  Speaker 1: the money. I'm not sure where the money actually goes.
• 34:30
  Speaker 1: I think it goes to the US you know, national team, whatever, nonprofit.
• 34:38
  Speaker 1: Here's the thing, So the US national team is about
• 34:41
  Speaker 1: to get sixteen million dollars from FIFA because they reached
• 34:46
  Speaker 1: around of sixteen. I don't know what you get if
• 34:50
  Speaker 1: you reach the finals. It ratches up pretty significantly, isume anyway.
• 34:56
  Speaker 1: It turns out, then under US SoC Equal Pay Collective
• 35:02
  Speaker 1: Bargaining Agreements US Soccers Equal Pay Collective Bargaining Agreements, the
• 35:11
  Speaker 1: men's team has to share this money with the women's team.
• 35:19
  Speaker 1: Here's what happens. US Soccer keeps twenty percent of the money.
• 35:22
  Speaker 1: The mainly eighty percent is split evenly between the men's
• 35:25
  Speaker 1: and women's player pools, meaning each A team is set
• 35:29
  Speaker 1: to receive six point four million given twenty six player
• 35:35
  Speaker 1: rosta that comes out about twenty two hundred and forty
• 35:38
  Speaker 1: six thousand dollars per player. So I want you to
• 35:42
  Speaker 1: get this straight right. The men are the one who
• 35:46
  Speaker 1: actually played. The men are the ones who actually got
• 35:50
  Speaker 1: to the to the to the round of eighteen of sixteen.
• 35:55
  Speaker 1: Why I have eighteen in my in mynd and the
• 35:59
  Speaker 1: women who didn't play didn't play in this game. They
• 36:02
  Speaker 1: didn't play, are gonna walk away with two hundred and
• 36:06
  Speaker 1: fifty six thousand dollars each? How does that work? Why
• 36:17
  Speaker 1: does that make sense? Well, I mean, the main thing
• 36:24
  Speaker 1: is I mean is we want equal pay. Even though
• 36:33
  Speaker 1: the men's team generates a lot more fans, generates a
• 36:36
  Speaker 1: lot more advertising, generates a lot more viewership. The women
• 36:42
  Speaker 1: demand to be paid the same as the men off
• 36:45
  Speaker 1: of the men's achievements. Now, the women, the American women
• 36:49
  Speaker 1: are very good. They may be the best in the world,
• 36:54
  Speaker 1: but it doesn't attract many fans and it doesn't attract
• 36:58
  Speaker 1: a lot to attract a lot of advertisers, and therefore
• 37:01
  Speaker 1: when they win, they don't get a lot of money.
• 37:05
  Speaker 1: So yeah, I guess they have to share it with
• 37:07
  Speaker 1: a men, but it's not a lot of money. The
• 37:15
  Speaker 1: arrangement exists because the equal pay fight led by US women.
• 37:20
  Speaker 1: The US women national team has won four World Cups,
• 37:24
  Speaker 1: while the men have not advanced, passed around of sixteen
• 37:27
  Speaker 1: since two thousand and two. In twenty nineteen, members of
• 37:31
  Speaker 1: the women's team sued US Soccer, accusing the federation of
• 37:34
  Speaker 1: gender discrimination. How a settlement followed in twenty twenty two,
• 37:42
  Speaker 1: and this is part of the settiment. The key piece
• 37:44
  Speaker 1: was the decision to pull and split World Cup prize money,
• 37:49
  Speaker 1: a structure designed to address the gap between FIFA payouts
• 37:52
  Speaker 1: for the men and women's tournament. But it sounds like
• 37:55
  Speaker 1: FIFA payouts for the women a lower because they don't
• 37:59
  Speaker 1: like women, because they want to discriminate against women, but
• 38:05
  Speaker 1: the reality is that a lot fewer people watch the
• 38:11
  Speaker 1: women's game. Ian says that when the women won the
• 38:16
  Speaker 1: World Cup, they got one point eight seven that's almost
• 38:21
  Speaker 1: a tenth of what the men get from just reaching
• 38:23
  Speaker 1: the around of sixteenth, which which represents the fact that
• 38:26
  Speaker 1: the women's game is probably one hundredth as popular as
• 38:30
  Speaker 1: the men's game. It's just not that popular. Why should
• 38:36
  Speaker 1: they get paid for creating less value? The value is
• 38:41
  Speaker 1: not in the winning. The value isn't in entertaining, and
• 38:45
  Speaker 1: that is measured by how many people are willing to
• 38:47
  Speaker 1: pay money to be entertained by them. Anyway, I think
• 38:59
  Speaker 1: there's this crazy, woke stuff and kind of sad by
• 39:07
  Speaker 1: the way the champion. I guess, if you win the
• 39:09
  Speaker 1: World Cup on the men's side, you get fifty one million.
• 39:14
  Speaker 1: Had the US beaten Belgium a quarter final, birth was
• 39:18
  Speaker 1: worth twenty million. I like the fact that the players
• 39:21
  Speaker 1: get this money, So there is a financial incentive. That's good.
• 39:25
  Speaker 1: I like financial incentives. I think financial incentives are good.
• 39:28
  Speaker 1: We'll talk about that on a show suit on a
• 39:32
  Speaker 1: show soon, we'll talk about financial incentives. I've got a
• 39:35
  Speaker 1: video of a famous buddy. I guess what do you
• 39:44
  Speaker 1: call it? Weightlifter who talking about this I forget his
• 39:49
  Speaker 1: name right now, but talking about the monitoring incentive. All.
• 39:56
  Speaker 1: Let's see, it's a story out of Brazil. Story out
• 40:00
  Speaker 1: of BRAZILA says, this is I'm reading from a post
• 40:03
  Speaker 1: on Twitter. We'll see that the post is not accurate.
• 40:06
  Speaker 1: This is true of a lot of news you get
• 40:07
  Speaker 1: from Twitter, but this is the post. Homeschool is in legal.
• 40:10
  Speaker 1: Homeschooling is legal in Brazil, but a judge has just
• 40:14
  Speaker 1: sentenced to parents to fifty day days in prison for
• 40:17
  Speaker 1: intellectual neglect because they were eleven to fifteen year old daughters.
• 40:21
  Speaker 1: Accomplished pianists and polygoths receive no classes on gender theory,
• 40:27
  Speaker 1: sex education, tolerance, diversity, and Afro Brazilian culture. The court
• 40:31
  Speaker 1: argued that they would suffer in their personal lives and
• 40:34
  Speaker 1: interactions with people of their own age from not knowing
• 40:37
  Speaker 1: the Brazilian folk music style, which romanticize as crime life
• 40:42
  Speaker 1: and favelas and is hyper sexualized. Apart from being accomplished pianists,
• 40:47
  Speaker 1: the two girls speak Portuguese, English, Latin. I'm not sure
• 40:51
  Speaker 1: that qualifies user poly poly polygost. I think three languages
• 40:55
  Speaker 1: doesn't qualify you. They also read thirty plus classic books
• 40:59
  Speaker 1: per you. Was particularly worried when he heard that one
• 41:02
  Speaker 1: of the daughters is particularly fond of Christian music and
• 41:05
  Speaker 1: doesn't know what folk music is. The judge accused the
• 41:07
  Speaker 1: parents of using their daughters as tools in ideological war. Now, look,
• 41:12
  Speaker 1: this is horrible. Whether the facts in this case exactly
• 41:16
  Speaker 1: a correct or not, we'll get to that what actually
• 41:18
  Speaker 1: happened in a minute. But you know, the judge the
• 41:22
  Speaker 1: quote shouldn't be intervening. Let parents homeschool the kids the
• 41:25
  Speaker 1: way they want to homeschool them. Anyway, this is what
• 41:29
  Speaker 1: actually happened. It's true. The parents were convicted for intell
• 41:34
  Speaker 1: it's all abandonment neglect after they were home schooling their
• 41:38
  Speaker 1: eleven to fifteen year old daughters. The sentence reported it
• 41:43
  Speaker 1: was fifty days of the tension and semi open regime,
• 41:47
  Speaker 1: but it was suspended condition and community service and the
• 41:51
  Speaker 1: girls enrollment and attendance in regular school. No, the post
• 41:55
  Speaker 1: said five years in jail. I mean, it's just not real, right.
• 42:01
  Speaker 1: Homeschooling is not exactly legal in Brazil. That's another thing
• 42:04
  Speaker 1: about the post that is wrong. Brazil's Supreme Court is
• 42:09
  Speaker 1: said homeschooling is not inherently unconstitutional, but there's no federal
• 42:14
  Speaker 1: law regulating is, and Brazilian law still requires parents than
• 42:19
  Speaker 1: role children in regular school, so homeschooling is not really legal.
• 42:27
  Speaker 1: There's no public there's no right according to Brazilian law
• 42:31
  Speaker 1: to homeschool, although it could be created if Congress did so,
• 42:38
  Speaker 1: but they haven't done so. So again the article is wrong.
• 42:42
  Speaker 1: Oh so it's a bit too simple to say that
• 42:44
  Speaker 1: there were sentenced because the girls had no classes in
• 42:47
  Speaker 1: gender theory da da da. The co legal basis was
• 42:50
  Speaker 1: that the goals were outside of regular school for several
• 42:54
  Speaker 1: school terms, and the judge viewed unregulated home education as
• 42:58
  Speaker 1: not satisfying the legal requirements of prime instruction. That is
• 43:01
  Speaker 1: unfortunate and wrong and evil, evil even. But again, the
• 43:06
  Speaker 1: way they skew these stories, uh, the judge now did
• 43:10
  Speaker 1: did in his reasoning, so they didn't make up the
• 43:12
  Speaker 1: gender study stuff. Did in his reasoning reportedly cite curriculum criticism,
• 43:18
  Speaker 1: lack of gender sexual content, tolerance diversity, cultural diversity, and,
• 43:22
  Speaker 1: according to the family's lawyer, lack of exposure to Afro
• 43:25
  Speaker 1: Brazilian culture, national films, other religions, dance, theater, funk and
• 43:30
  Speaker 1: and and other types. So, uh, beware, when you're reading
• 43:37
  Speaker 1: stories out there, you gotta you gotta check their veracity.
• 43:42
  Speaker 1: You gotta check to see if if they're true. And
• 43:45
  Speaker 1: again horpable that people are being that homeschooling is being
• 43:49
  Speaker 1: criminalized in different places, but not exactly the way uh
• 43:52
  Speaker 1: that they are arguing it. And and what really needs
• 43:56
  Speaker 1: to happen is is that homeschooling needs to be made
• 44:03
  Speaker 1: legal in Brazil. Homeschooling needs to be made legal in Brazil.
• 44:11
  Speaker 1: Mary Alien says, we need a law that requires people
• 44:13
  Speaker 1: to be chained to their TV sets while they watch
• 44:16
  Speaker 1: more women's sports. That'll make things fair. And she says
• 44:20
  Speaker 1: she tried to post that as a comment as a
• 44:22
  Speaker 1: super chat and they wouldn't allow it. I mean, look,
• 44:26
  Speaker 1: YouTube is just trying to protect you from saying something
• 44:30
  Speaker 1: you might regret. Yes, let's change people to watch women's sports.
• 44:35
  Speaker 1: Maybe then they'll make more money because advertisers will pay
• 44:39
  Speaker 1: more to have those chained people watching women's sports. All right,
• 44:47
  Speaker 1: here's another one of these kind of true but not
• 44:51
  Speaker 1: really so much posts on Twitter. And I saw a
• 44:56
  Speaker 1: lot of these today, So there's a bunch of these
• 44:58
  Speaker 1: in the same vain. Today's a dog day for europe
• 45:03
  Speaker 1: Chat Control which has just passed, and EU has the
• 45:07
  Speaker 1: right to scan all of your messages. This is an
• 45:10
  Speaker 1: insidious attack on our freedom and they use shady tactics
• 45:14
  Speaker 1: to push it through after two declines, pushing this as
• 45:20
  Speaker 1: a majority vote knowing attendance will probably be low before
• 45:23
  Speaker 1: summer pause. I'm so damn mad about this. Stuff like
• 45:26
  Speaker 1: this makes me seriously think about leaving the EU for good. Yeah,
• 45:29
  Speaker 1: but that's not exactly what happened. This law does not
• 45:33
  Speaker 1: allow the EU to scan all of your messages, so
• 45:38
  Speaker 1: what does it do? Right? So what passed today is
• 45:48
  Speaker 1: not a permanent EU Chat Control two point zero, which
• 45:51
  Speaker 1: is a law that's been proposed. It is not that
• 45:56
  Speaker 1: it is a European Parliament's approval of a new interimules
• 46:00
  Speaker 1: there would reinstate a legal carve out allowing online platforms Facebook,
• 46:08
  Speaker 1: Google to voluntarily scan, detect, report, and remove child sexual
• 46:15
  Speaker 1: abuse material in users communications. So check into one point
• 46:23
  Speaker 1: zero was a temporary E privacy exemption first adopted in
• 46:29
  Speaker 1: twenty twenty one. It allowed companies such as Google, Mata, Microsoft,
• 46:32
  Speaker 1: et cetera to scan certain private communication for c SAM
• 46:36
  Speaker 1: without violating EU communication privacy laws. I mean, I think
• 46:41
  Speaker 1: that's fine. I have no problem with that. It expired
• 46:44
  Speaker 1: on April third, twenty twenty six, so the Council moved
• 46:47
  Speaker 1: on July second, twenty twenty six to reinstate it until
• 46:51
  Speaker 1: April third, twenty twenty eight, and the Parliament backed that today.
• 46:58
  Speaker 1: Note the big differences. They also added eight privacy limitation So,
• 47:08
  Speaker 1: for example, they excluded from the ability to scan these messages,
• 47:17
  Speaker 1: which is again voluntarily. They excluded what's app signal telegram
• 47:22
  Speaker 1: style encrypted chats. They exempted them, and that's because to
• 47:28
  Speaker 1: do it on those these apps would actually have to
• 47:32
  Speaker 1: scan your chats before you pressend, because once they press send,
• 47:38
  Speaker 1: it's encrypted and they can't. So this is basically exempted them.
• 47:51
  Speaker 1: It's reinstated voluntary scanning. You know it is. This is
• 47:58
  Speaker 1: not that you doing the scanning. It's the companies doing
• 48:01
  Speaker 1: the scanning. It's not the government. Companies have if you
• 48:03
  Speaker 1: right to scan what you do, you're using their platform.
• 48:09
  Speaker 1: And you know. Now they're looking for kind of a
• 48:12
  Speaker 1: long term, permanent solution and a permanent law. What that
• 48:16
  Speaker 1: will be I don't know, and maybe that'll be maybe
• 48:19
  Speaker 1: that'll be crazy, and that's where a lot of people
• 48:23
  Speaker 1: are really critical. Right, Chat control two point oh, A
• 48:27
  Speaker 1: lot of people are critical of that, and that's where
• 48:31
  Speaker 1: they worry that it would be the EU. I mean
• 48:34
  Speaker 1: chat control to oh, will create an EU center of
• 48:37
  Speaker 1: child sexual abuse. It'll be the EU people scanning people's messages.
• 48:43
  Speaker 1: And of course once they're scanning, they can scan for
• 48:46
  Speaker 1: other things. So it really all this does is excluded
• 48:50
  Speaker 1: for another law, which is a privacy law and excludes
• 48:55
  Speaker 1: private companies only private companies, and it's voluntarily, they don't
• 48:58
  Speaker 1: force them to do it. So that is that is
• 49:03
  Speaker 1: where we are, right. So it's they've revived a temporary
• 49:07
  Speaker 1: scanning exemption again. You know, we'll see where this goes.
• 49:13
  Speaker 1: But nowhere near the stereo. I saw dozens of posts
• 49:17
  Speaker 1: with this is the you know, they're spying on us?
• 49:19
  Speaker 1: They go, you know, the government is spying on us,
• 49:24
  Speaker 1: and they're they're reading all our chats and the taking
• 49:26
  Speaker 1: of our chats and all this stuff. It just ain't
• 49:29
  Speaker 1: it all right? Uh, let's see. So the Wall Street
• 49:35
  Speaker 1: Journal ran today a really inspiring story. It was really cool,
• 49:42
  Speaker 1: and I thought this would be a really good story
• 49:44
  Speaker 1: for our positive news, the positive stuff. It's about a
• 49:50
  Speaker 1: long tenured worker at Costco. This guy has worked at
• 49:56
  Speaker 1: Costco for thirty five years. I think he is a cashier,
• 50:03
  Speaker 1: mainly responsible for overseeing the self checkout of the cashiers.
• 50:10
  Speaker 1: This guy's sixty years old, right, he's sixty years old.
• 50:14
  Speaker 1: He started out at Costco as the guy who went
• 50:16
  Speaker 1: out and got the carts, you know, you go in
• 50:20
  Speaker 1: the parking lot and got the carts and brought them in.
• 50:23
  Speaker 1: And then he worked in the warehouse stacking stuff, and
• 50:25
  Speaker 1: then or I guess in the stores stacking stuff. And
• 50:28
  Speaker 1: then he became a cashier. And he's really loved being
• 50:31
  Speaker 1: a Kashan. He's really good at being cashier. You know
• 50:33
  Speaker 1: how much money he makes us being a cashier After
• 50:37
  Speaker 1: thirty plus years at Costco, he makes thirty three bucks
• 50:42
  Speaker 1: an hour, which is not bad, not bad at all. Indeed,
• 50:52
  Speaker 1: he has a four to one K he his all
• 50:55
  Speaker 1: careers being at Costco, worked at Costco his whole life,
• 50:59
  Speaker 1: and his four one K is now worth over a
• 51:03
  Speaker 1: million dollars. He has a Costco sponsored healthcare plan that
• 51:11
  Speaker 1: is top notch. It has very low copays. It covered
• 51:20
  Speaker 1: all of his wife's cancer treatments. It is, by all accounts,
• 51:27
  Speaker 1: some of the best healthcare insurance you can get in
• 51:30
  Speaker 1: the country. He makes thirty three dollars he because he's
• 51:38
  Speaker 1: made he's made this salary regularly. He's bought a house
• 51:45
  Speaker 1: with a pool, you know. And he's good at what
• 51:49
  Speaker 1: he does. He's done it for a long time. He's
• 51:52
  Speaker 1: been uh. Costco has wanted him to become a supervisor.
• 51:57
  Speaker 1: He has said no. Most companies, if you reject promotion,
• 52:02
  Speaker 1: they ease you out. At Costco, they don't. They value
• 52:06
  Speaker 1: his experience. So here's a guy who really knows his stuff.
• 52:10
  Speaker 1: He knows how to Greek customers. He likes chatting them up.
• 52:13
  Speaker 1: He likes he knows how to move the line quickly
• 52:15
  Speaker 1: when there's a long line. He knows the ins and outs.
• 52:20
  Speaker 1: A lot of the customers are regulars, and they, you know,
• 52:23
  Speaker 1: they greet him as a friend. I don't know if
• 52:31
  Speaker 1: Costco has a union, so I don't know if he
• 52:33
  Speaker 1: has to pay union. The story didn't cover the union.
• 52:37
  Speaker 1: It just also shows you that story didn't mention the union.
• 52:41
  Speaker 1: This positive story about him and Costco. Anyway. Costco's known
• 52:48
  Speaker 1: for paying about market wages. It's known for having some
• 52:52
  Speaker 1: of the happiest, most satisfied workers in the industry. It's
• 52:56
  Speaker 1: known for being incredibly loyal to workers who are good
• 53:01
  Speaker 1: in valuing people who have long tenures, and they serve
• 53:05
  Speaker 1: as mentors for younger workers and be willing to pay
• 53:09
  Speaker 1: them what Costco believes is their value. So thirty three
• 53:13
  Speaker 1: dollars an hour sounds like a lot. Costco obviously thinks
• 53:17
  Speaker 1: it makes more than thirty three dollars an hour on him.
• 53:23
  Speaker 1: Other companies view long tenured employees as aboden because they're
• 53:28
  Speaker 1: typically more expensive and again usually ease them out, particularly
• 53:33
  Speaker 1: if they're not interested in promotions. So here's the story.
• 53:39
  Speaker 1: You know, it's really well written. It's very touching about
• 53:45
  Speaker 1: just a regular guy who has a you know, a
• 53:52
  Speaker 1: pretty low end job. It's about as low end as
• 53:55
  Speaker 1: a guess, right, and it's doing well, doing well in
• 53:59
  Speaker 1: life because he's stuck to it and he's invested in it,
• 54:05
  Speaker 1: and he does it well. He does it really well,
• 54:08
  Speaker 1: and he's valued. Costco, by the way, has done fantastically well.
• 54:15
  Speaker 1: It's grown for nearly two decades. It stuck has increased
• 54:20
  Speaker 1: over two thousand percent during that period from a low
• 54:26
  Speaker 1: of about forty dollars a share in the wake of
• 54:29
  Speaker 1: two thousand and eight recession to around nine hundred and
• 54:31
  Speaker 1: fifty three on Wednesday. Yeah, I mean Costco trains managers
• 54:40
  Speaker 1: to Ukushi as a specialist, and you know, they believe
• 54:46
  Speaker 1: that experienced employees can make or break a member's experience
• 54:50
  Speaker 1: by a member of Costco by speeding lines and offering
• 54:54
  Speaker 1: friendly conversations or not. Anyway, just really I used to
• 55:00
  Speaker 1: see this. This guy is going to retire with a
• 55:03
  Speaker 1: million bucks, over a million bucks in four one k.
• 55:06
  Speaker 1: He doesn't want to really retire, He's he's probably gonna
• 55:09
  Speaker 1: go to part time. Why retire? They income as good
• 55:13
  Speaker 1: as he says, what's he going to do? And he
• 55:14
  Speaker 1: enjoys it. He likes his job, he likes talking to people,
• 55:18
  Speaker 1: he likes shutting them up as as he's checking them
• 55:21
  Speaker 1: out on the cashier, checking them out of the of
• 55:23
  Speaker 1: the story. So yeah, I if you have a solution
• 55:28
  Speaker 1: to Wall Street Journal, check out the story. It's very
• 55:31
  Speaker 1: heartwarming and encouraging and consistent with a general my general
• 55:37
  Speaker 1: view of you know, for most people in this country,
• 55:40
  Speaker 1: life is pretty good. There's a lot of complaining, a
• 55:43
  Speaker 1: lot of complaining that happens, and and and a lot
• 55:47
  Speaker 1: of it is just unfounded. There's a lot of problems
• 55:50
  Speaker 1: in this country, and thinks could be a lot better
• 55:52
  Speaker 1: and costcode could be even more profitable, and maybe they'd
• 55:55
  Speaker 1: be paying this guy even more. But it's still pretty
• 56:01
  Speaker 1: damn good, as that illegal immigrant who got shot knows
• 56:05
  Speaker 1: from working in this country for thirty five years and
• 56:08
  Speaker 1: building a business and living a good life until he
• 56:11
  Speaker 1: got shot by ice. So that's what makes life. Part
• 56:16
  Speaker 1: of what makes life miserable in America today, it's governed
• 56:22
  Speaker 1: overreach in every realm of our life. All right, a
• 56:29
  Speaker 1: few in the human achievement section. SpaceX just launched the
• 56:37
  Speaker 1: first ever nuclear powered commercial satellite. That's pretty cool. The
• 56:43
  Speaker 1: world's first commercial built nuclear powered satellite has reached orbit
• 56:47
  Speaker 1: about SpaceX Falcon nine rocket the better volc VULTAIAIC orbita
• 56:54
  Speaker 1: high reliability satellite built by Florida based company City Labs,
• 57:00
  Speaker 1: launch the space early this morning on SpaceX transpond to
• 57:03
  Speaker 1: seventeen Wright Share mission. So there were eighty one pay lads,
• 57:10
  Speaker 1: this is one of them. I don't understand how you
• 57:12
  Speaker 1: can put a nuclear thing in space. What happens if
• 57:15
  Speaker 1: it's false to Earth when it does fall to Earth.
• 57:17
  Speaker 1: I mean, people not worried about this. Shouldn't we ban
• 57:20
  Speaker 1: nuclear stuff from up there in you know? But BOHR
• 57:26
  Speaker 1: is a Novo cube SAT demonstration mission from City Labs,
• 57:31
  Speaker 1: which is testing out its proprietary nano tritium better better voltaic.
• 57:39
  Speaker 1: I can't read any of this micropower source in space
• 57:43
  Speaker 1: for the first time. Similar to spacecraft like NASA's Voyager probes,
• 57:49
  Speaker 1: radio isotope thermoelectric generators produce power from the heat emitted
• 57:56
  Speaker 1: from the plutonium cores. Sydney labs nano titanium device harnesses
• 58:02
  Speaker 1: the beta particles emitted from the radioactive decay of It's
• 58:07
  Speaker 1: not titatium. It's tritatium tritatium which can be converted directly
• 58:12
  Speaker 1: to electricity using a semiconductor. So really cool stuff happening
• 58:20
  Speaker 1: up above our heads. New satellite technology, nuclear power plants
• 58:26
  Speaker 1: going into space. Really cool. Micron micro semiconductors microsomic conductors
• 58:34
  Speaker 1: is they make memory chips. They make memory chips. Micron
• 58:41
  Speaker 1: is just announced today that they intend to accelerate the
• 58:46
  Speaker 1: US investment plans that is building out fabs manufacturing plants
• 58:52
  Speaker 1: to build their chips. They're actually one of the few
• 58:57
  Speaker 1: companies that builds chips in America. They are now targeting
• 59:03
  Speaker 1: to spend two hundred and fifty billion billion, two hundred
• 59:07
  Speaker 1: and fifty billion dollars through twenty thirty five on fabrication.
• 59:15
  Speaker 1: They are, you know, they are building a major plant
• 59:21
  Speaker 1: out in New York and this is going to be
• 59:27
  Speaker 1: the largest private investment in New York State's history. That's
• 59:32
  Speaker 1: saying a lot, right. New York is a pretty industrial place.
• 59:35
  Speaker 1: This will be the largest The largest private investment in
• 59:41
  Speaker 1: New York is Teo. Micron is also you know, putting
• 59:49
  Speaker 1: three billion dollars for domestics andmiconducts of supply chain projects,
• 59:53
  Speaker 1: the financing support for war selicon wafer production in Texas
• 59:56
  Speaker 1: for example. This is a Micron is a great story.
• 1:00:01
  Speaker 1: It's from Idaho. It was funded. You know who funded it.
• 1:00:07
  Speaker 1: The billionaire who makes the potatoes with which McDonald's makes
• 1:00:15
  Speaker 1: the fries. So the guy who sells McDonald's potatoes for
• 1:00:19
  Speaker 1: their fries became a billionaire. He's the potato king of Idaho,
• 1:00:26
  Speaker 1: and he invested in micro technology decades ago and build
• 1:00:31
  Speaker 1: it up into one of the worlds you know, certainly
• 1:00:34
  Speaker 1: the American leader of memory chip production. He's one of
• 1:00:42
  Speaker 1: those billionaires who is hoarding his wealth. He holds his wealth,
• 1:00:46
  Speaker 1: I guess in the potatoes. Yeah, I mean, it's so stupid.
• 1:00:51
  Speaker 1: He has a guy who could have just sat on
• 1:00:52
  Speaker 1: his wealthy. He has thirty billion, he has billions of it,
• 1:00:56
  Speaker 1: and he invested in micro and in an industry he
• 1:00:58
  Speaker 1: doesn't know anything about. In these young entrepreneurs in in Boise,
• 1:01:03
  Speaker 1: Idaho and built this company that is now a significant company,
• 1:01:08
  Speaker 1: uh in the in the chip industry. All right, so
• 1:01:11
  Speaker 1: this is a this is good. And then finally Argentina,
• 1:01:16
  Speaker 1: Argentina is unveiling a one point two billion dollar nuclear
• 1:01:21
  Speaker 1: reactor plan. Uh this is going to be a three
• 1:01:25
  Speaker 1: hundred megawatt modular reactor at the Tucca site. The government
• 1:01:30
  Speaker 1: announces on Tuesday this is going to be a nuclear
• 1:01:34
  Speaker 1: power plant built with no no government funding. The entire
• 1:01:40
  Speaker 1: one point two billion is going to be a private investment.
• 1:01:45
  Speaker 1: And it's a US Argentinian company called Maintena Energy, And
• 1:01:53
  Speaker 1: uh yeah, they're gonna build nuclear pop plants. So you
• 1:01:56
  Speaker 1: know in nuclear pop plant generally are being built in
• 1:01:59
  Speaker 1: the places around the world, primarily in India and in China,
• 1:02:03
  Speaker 1: they're adding a huge amount of electrical capacity through nuclear power.
• 1:02:07
  Speaker 1: Would be nice, It would be nice if the United
• 1:02:09
  Speaker 1: States was leading that effort, but no, we're lagging, wee
• 1:02:12
  Speaker 1: boy behind. But it's good to see Argentina doing this,
• 1:02:14
  Speaker 1: and it's good to see it doing it with private capital,
• 1:02:20
  Speaker 1: private capital, so that is exciting. It looks like Brazil
• 1:02:27
  Speaker 1: and Mexico also looking to expand nuclear power operations, nuclear
• 1:02:34
  Speaker 1: power plants. I'm my friends, that is the news for
• 1:02:38
  Speaker 1: this Thursday, July ninth. Thanks for being here, Thanks so listening,
• 1:02:46
  Speaker 1: thanks to the super chatters. I see we have we
• 1:02:51
  Speaker 1: have a few. Let me just see I'm looking for
• 1:02:57
  Speaker 1: something here. Let me remind you that we have goals
• 1:03:05
  Speaker 1: fundraising goals because the show is made possible by by you,
• 1:03:14
  Speaker 1: by your support, by listeners like you, and because of that,
• 1:03:18
  Speaker 1: we have goals for every one of our live shows.
• 1:03:20
  Speaker 1: This is part of this, plus the Patreon and the
• 1:03:25
  Speaker 1: subscribe star and the PayPal is how I fund doing
• 1:03:29
  Speaker 1: these shows, how I justify doing these shows and devoting
• 1:03:31
  Speaker 1: so much time to them. We have goals for each
• 1:03:35
  Speaker 1: hour of these shows. It's two hundred and fifty dollars
• 1:03:39
  Speaker 1: an hour, and you know, it's kind of important that
• 1:03:43
  Speaker 1: we reached them at least at least on average, because
• 1:03:49
  Speaker 1: you know, the shows have to be they have to
• 1:03:53
  Speaker 1: be worth worth the time, right, worth the time value
• 1:03:59
  Speaker 1: for value I'm putting in the time putting these shows together.
• 1:04:03
  Speaker 1: And yes, so, yeah, we are sixty dollars short of
• 1:04:09
  Speaker 1: our first hour goal and hopefully we can make that
• 1:04:12
  Speaker 1: up in the next few minutes, and then we're already
• 1:04:15
  Speaker 1: entered into our second hour. All right, let me see,
• 1:04:19
  Speaker 1: why is this not finding what I wanted to find?
• 1:04:24
  Speaker 1: Should be pretty easy? Yeah, I don't know. All right,
• 1:04:44
  Speaker 1: let me remind you of our sponsors. Alex Epstein Alex
• 1:04:48
  Speaker 1: Eftein is a sponsor of the One Book Show and
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• 1:04:57
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• 1:05:34
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• 1:05:41
  Speaker 1: including by the way, nuclear energy, which we talked about
• 1:05:44
  Speaker 1: earlier today. All right, Defenders of Capitalism dot com. Definders
• 1:05:54
  Speaker 1: of Capitalism dot com. Uh, check out the website. It
• 1:05:59
  Speaker 1: is a program to defend capitalism on a model philosophical, political, social,
• 1:06:07
  Speaker 1: economic basis. Covers all the different angles and it's a
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  Speaker 1: great program. You can sign up on the website for
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  Speaker 1: their newsletter. You can also you know, join some of
• 1:06:24
  Speaker 1: the courses that we do. We do courses for the
• 1:06:27
  Speaker 1: leadership program at the Rockies. I mean, I've been involved
• 1:06:29
  Speaker 1: in this for twenty years. Check out the website, get
• 1:06:32
  Speaker 1: the information, and then if you want to invite us
• 1:06:34
  Speaker 1: out to talk about capitalism to a group of your choosing,
• 1:06:38
  Speaker 1: then let us know. Let us know. All right. The
• 1:06:44
  Speaker 1: Ironman Institute is holding a confidence a confidence in Austin,
• 1:06:51
  Speaker 1: Texas in September. I think it's a September twelfth something
• 1:06:55
  Speaker 1: like that, the weekend of September twelfth, and you know,
• 1:06:59
  Speaker 1: students can get scholarships for this. This is a confidence
• 1:07:04
  Speaker 1: primarily for students, but anybody can come. Uh and uh again,
• 1:07:08
  Speaker 1: you can find information about this. You can you can
• 1:07:10
  Speaker 1: find information about scholarships for you. You can find information.
• 1:07:14
  Speaker 1: You can probably get the Iran the Rue book YBS
• 1:07:17
  Speaker 1: discount twenty six YBS ten. Check it all out on
• 1:07:21
  Speaker 1: Iran dot oak slash ybs, iron Rand dot oak slash ybs.
• 1:07:24
  Speaker 1: I'll have more information about the conference tomorrow, but check
• 1:07:28
  Speaker 1: it out also. I will be I will be doing
• 1:07:33
  Speaker 1: two courses at the Peterson Academy. Uh. This is in Phoenix, Arizona,
• 1:07:38
  Speaker 1: and they they allow about i don't know ten to
• 1:07:43
  Speaker 1: twenty people to attend live and and sit in the
• 1:07:46
  Speaker 1: audience live. It means dedicating a couple of days to
• 1:07:49
  Speaker 1: this because it's it's two hours in the morning, tours
• 1:07:52
  Speaker 1: in the early afternoon of one day, and then and
• 1:07:55
  Speaker 1: then and then another day. It's eight hours total. I'll
• 1:07:58
  Speaker 1: be doing two courses, one on iron Rand who philosophy.
• 1:08:03
  Speaker 1: And that's pretty amazing that Peter Set Academy has asked
• 1:08:06
  Speaker 1: me to do a course on iron Ran. So what
• 1:08:10
  Speaker 1: an opportunity this will be. You know, Ivan will be
• 1:08:14
  Speaker 1: featured on a platform that's of Jordan Peterson, which is
• 1:08:19
  Speaker 1: not necessarily friendly to Ironman, and I'll have an opportunity
• 1:08:24
  Speaker 1: to describe Ironman's philosophy as I understand it. Uh So,
• 1:08:29
  Speaker 1: I'll have an opportunity, dude, in my terms, I'm not
• 1:08:31
  Speaker 1: gonna I'm not gonna. I'm not gonna soften it in
• 1:08:35
  Speaker 1: any kind of way. They're going to get objectivism and
• 1:08:40
  Speaker 1: tens of thousands of people are gonna be exposed to this.
• 1:08:42
  Speaker 1: That the people who subscribe to the pedast Academy are
• 1:08:46
  Speaker 1: all going to be exposed to this and hopefully have
• 1:08:49
  Speaker 1: an opportunity to take the class. Uh And so that's
• 1:08:53
  Speaker 1: I'm super excited about it. I think it's terrific. Anyway,
• 1:08:56
  Speaker 1: you can come and be in the audience, which be
• 1:09:00
  Speaker 1: great for me. The more people in the audience, the
• 1:09:02
  Speaker 1: better I am, right, I get more animated the more
• 1:09:07
  Speaker 1: people are standing in front of me as I'm speaking.
• 1:09:10
  Speaker 1: So it would be great to have you there. I
• 1:09:13
  Speaker 1: know some of you in the Phoenix area being to
• 1:09:16
  Speaker 1: my past courses that I've taught, Hopefully hopefully you can
• 1:09:24
  Speaker 1: join me for this one as well. I'm also teaching
• 1:09:29
  Speaker 1: in class completely different on venture capital and private equity.
• 1:09:34
  Speaker 1: So iinmand will be Friday and Saturday, right, what are
• 1:09:38
  Speaker 1: the dates that will be twenty fourth and twenty fifth,
• 1:09:41
  Speaker 1: the Friday and Saturday, and then venture capital and private
• 1:09:45
  Speaker 1: equity will be the Sunday and Monday, twenty sixth and
• 1:09:48
  Speaker 1: twenty seventh this month, this month, yep, Nathan says, I
• 1:09:59
  Speaker 1: thought you were fullowing not a philosopher. Why have a
• 1:10:01
  Speaker 1: non philosopher teach philosophy. Granted, it would be better if
• 1:10:05
  Speaker 1: we had a philosopher teacher, I mean an objectivist, a
• 1:10:09
  Speaker 1: real objectivist philosopher, No question, that would be better. Alas
• 1:10:15
  Speaker 1: I'm the one Peterson Academy asked, I'm the one with
• 1:10:18
  Speaker 1: a relationship with Peterson Academy. I don't know that they
• 1:10:21
  Speaker 1: would have somebody else do it. So while I'm not
• 1:10:24
  Speaker 1: a philosopher, I know I'm a pretty good communicator of
• 1:10:30
  Speaker 1: Einrand's philosophy, particularly if you're covering her life, the novels,
• 1:10:36
  Speaker 1: and her ideas, and you're covering at a philosophy on
• 1:10:41
  Speaker 1: a one level, right, you're covering at an introductory level.
• 1:10:45
  Speaker 1: I think I'm as good at communicator at that level
• 1:10:48
  Speaker 1: as anybody. Well you know it would be great if
• 1:10:54
  Speaker 1: if we had one of our philosophers do it. They're
• 1:10:57
  Speaker 1: still question that would be better. But that's you know,
• 1:11:03
  Speaker 1: I've earned Peterson Academies trusts, so I can do it.
• 1:11:07
  Speaker 1: It's better than I do it, then nobody do it,
• 1:11:09
  Speaker 1: or that some non objectives do it and completely screw
• 1:11:12
  Speaker 1: it up. Right, So dates are the twenty four, twenty
• 1:11:18
  Speaker 1: fifth of July for the Iran, twenty six twenty seventh
• 1:11:22
  Speaker 1: of July for venture capital private equity. By the way,
• 1:11:27
  Speaker 1: on the platform, now, I have five courses. I'm not
• 1:11:33
  Speaker 1: probably the most prolific of all the speakers on the platform,
• 1:11:36
  Speaker 1: but I'm close. I'm one of the most prolific. I
• 1:11:39
  Speaker 1: have capitalism capitalism of course, on finance, have of course
• 1:11:43
  Speaker 1: on globalization and trade, of of course on the corporation
• 1:11:46
  Speaker 1: history of American business, and have of course on money.
• 1:11:49
  Speaker 1: Those five are on there. So if any of you
• 1:11:51
  Speaker 1: are considering joining, it's you know, just those five make
• 1:11:57
  Speaker 1: the tuition payment probably worth while. And then there's and
• 1:12:01
  Speaker 1: then there's a bunch there's a bunch of other courses
• 1:12:08
  Speaker 1: that I think are worth while taking. So consider consider
• 1:12:13
  Speaker 1: the Peterson Academy platform. Alright, what else did I want
• 1:12:19
  Speaker 1: to tell you guys, yes, we're raising money. I'm raising
• 1:12:23
  Speaker 1: money for a series of videos I want to produce
• 1:12:29
  Speaker 1: on objectivism, capitalism and Western civilization. I've teamed up with
• 1:12:36
  Speaker 1: a production group in London. We're gonna do this in
• 1:12:40
  Speaker 1: London in September. It's gonna cost the whole thing is
• 1:12:44
  Speaker 1: gonna cost fifteen thousand dollars because we're gonna do it
• 1:12:46
  Speaker 1: really top notch. And this is a huge disc oug
• 1:12:49
  Speaker 1: somebody said you're gonna do that for fifteen you should
• 1:12:52
  Speaker 1: be raising thirty five thousand minimum. They're giving a really
• 1:12:56
  Speaker 1: good rate because the guy who's producing this as an
• 1:12:58
  Speaker 1: objectivist and he wants to see to succeed. I also
• 1:13:00
  Speaker 1: think he thinks. I think he's right that if this
• 1:13:03
  Speaker 1: succeeds really, really well, I'd be willing to pay more
• 1:13:05
  Speaker 1: to do more. So this is a trial, and we're
• 1:13:10
  Speaker 1: going to film in the streets of London. We're gonna
• 1:13:12
  Speaker 1: film in a studio. We're going to do a documentary style.
• 1:13:16
  Speaker 1: Nicos is going to be with me, kind of interviewing
• 1:13:19
  Speaker 1: me about these topics, and yeah, will then spice u
• 1:13:25
  Speaker 1: up at the short videos we'll do. We'll do a
• 1:13:27
  Speaker 1: lot of stuff with the war material that we collect
• 1:13:31
  Speaker 1: from this. It's a great opportunity to collect material of
• 1:13:35
  Speaker 1: me speaking about things I love, capitalism and Western civ
• 1:13:40
  Speaker 1: in a place I love, which is the city of London,
• 1:13:43
  Speaker 1: with a professional crew and somebody like Nicos who can
• 1:13:47
  Speaker 1: interview me and interact with me. I think Nicos will
• 1:13:50
  Speaker 1: be particularly good at this, and of course you all
• 1:13:53
  Speaker 1: love his Greek accent above beyond everything else, right, So yes,
• 1:14:00
  Speaker 1: so we'll be covering though this. I'mmaging fifteen thousand dollars
• 1:14:03
  Speaker 1: to do this. We have already raised just under ten,
• 1:14:09
  Speaker 1: so we've done phenomenally well. I mean we launched this
• 1:14:11
  Speaker 1: when on Monday, so three days, so I need another
• 1:14:16
  Speaker 1: five thousand dollars. That's what's left. The page will be
• 1:14:20
  Speaker 1: up there until we raised the fifteen and you can
• 1:14:27
  Speaker 1: find that page at pagereon dot com. Slash you on
• 1:14:29
  Speaker 1: book show and then go to the posts and scroll
• 1:14:33
  Speaker 1: down to the post announcing new on Book London Documentary project.
• 1:14:37
  Speaker 1: It's right there. And yeah, I mean you can a
• 1:14:47
  Speaker 1: lot of different amounts you you can contribute. Of course,
• 1:14:50
  Speaker 1: a thousand dollars gets you acknowledged as an executive producer
• 1:14:55
  Speaker 1: and a special one on one show with like zoom
• 1:15:00
  Speaker 1: with me talking about talking about the documentary. You're getting
• 1:15:08
  Speaker 1: to ask questions with me and Nicos. I guess why
• 1:15:11
  Speaker 1: don't I don't see this on my website. I'm not
• 1:15:15
  Speaker 1: sure why it's not up on the website yet. It's
• 1:15:18
  Speaker 1: supposed to be up on the website, so it's not
• 1:15:23
  Speaker 1: all right. Hopefully it'll be up on a website soon
• 1:15:27
  Speaker 1: because that'll be much easier to just send you to
• 1:15:31
  Speaker 1: you on bookshow dot com. But I don't see it
• 1:15:33
  Speaker 1: there anyway. Okay, what else? That is it? That's all
• 1:15:39
  Speaker 1: my announcements. So now we're going to go to I
• 1:15:41
  Speaker 1: did put the link in the in the chat, so anybody,
• 1:15:46
  Speaker 1: anybody in the chat, you can find a link there
• 1:15:48
  Speaker 1: and go to it. So let's thank the stick up people.
• 1:15:53
  Speaker 1: I did see Wes, I did see West did fifty dollars.
• 1:15:56
  Speaker 1: Thank you. Wes really really appreciate that. And we're now
• 1:15:59
  Speaker 1: only eleven dollars from our first hour goal. Greg, thank
• 1:16:03
  Speaker 1: you for the sticker, and Mary Eleen and Steven and
• 1:16:10
  Speaker 1: Greg again and I don't know if that was again
• 1:16:17
  Speaker 1: Bunnie and what is it? Jesh and Jesh yep Bunnie
• 1:16:27
  Speaker 1: and Jesh and Mari Lene and yep, we gotta. I
• 1:16:30
  Speaker 1: think I got everybody. If I didn't get you, if
• 1:16:32
  Speaker 1: I didn't call you by name, thank you for the sticker,
• 1:16:34
  Speaker 1: and you did a sticker. You can still do stickers
• 1:16:37
  Speaker 1: used to come in stickers. So anyway from a dollar
• 1:16:39
  Speaker 1: to five hundred dollars, it all helps. Right now, eleven
• 1:16:45
  Speaker 1: dollars would get us to the goal. At least I'll
• 1:16:48
  Speaker 1: half the goal. I'll go for the first hour, which
• 1:16:50
  Speaker 1: is better than not, and then we can start walking
• 1:16:52
  Speaker 1: on the second hour. Gail just added a sticker so
• 1:16:55
  Speaker 1: that that'll chip away at the goal. So keep keep
• 1:16:58
  Speaker 1: them coming, keep them coming. All right, let's start without
• 1:17:04
  Speaker 1: twenty dollars questions. We'll start with Michael. Michael says many
• 1:17:09
  Speaker 1: left US I speak with blame individualism for the loneliness epidemics.
• 1:17:14
  Speaker 1: Collectivism actually responsible. Are Europeans and South Americans less lonely
• 1:17:19
  Speaker 1: than Americans? They seek connection more, you know, I don't know,
• 1:17:25
  Speaker 1: I think Americans are probably. I think I've read about
• 1:17:29
  Speaker 1: the loneliness epidemic supposedly, whether that is a real thing
• 1:17:34
  Speaker 1: or not, but I've read about it as primarily as
• 1:17:39
  Speaker 1: an American phenomenon, and it could very well be that,
• 1:17:46
  Speaker 1: you know, other countries have more social networks, more ways
• 1:17:50
  Speaker 1: in which people connect. I think the church served a
• 1:17:54
  Speaker 1: lot of that in America, and I think as religion
• 1:17:56
  Speaker 1: has declined in America, as church attendance has declined in America,
• 1:18:01
  Speaker 1: that avenue for socializing has gone away and people have
• 1:18:05
  Speaker 1: not found alternatives. I think the lonealess epandemic is not
• 1:18:10
  Speaker 1: about individualism. I think it's about lack of individualism. It's
• 1:18:13
  Speaker 1: about individuals not taking their life seriously enough now, going
• 1:18:17
  Speaker 1: out there and actually pursuing their values, not getting engaged
• 1:18:23
  Speaker 1: in social activities when those are value to them. And
• 1:18:28
  Speaker 1: it is valuable to engage in social activities, but that's
• 1:18:32
  Speaker 1: something that requires you to take initiative. It's something to go,
• 1:18:35
  Speaker 1: you to get off of your sofa, away from your
• 1:18:38
  Speaker 1: beer cans and actually go and interact with people and
• 1:18:42
  Speaker 1: do it in a something that's fun to do together,
• 1:18:46
  Speaker 1: something that you value. So it's a failure of individualism,
• 1:18:50
  Speaker 1: not a failure of individualism. It's a fate of individuals
• 1:18:54
  Speaker 1: to live up to a morality of individualism, to live
• 1:18:57
  Speaker 1: up to the potential that they have. I do think.
• 1:19:03
  Speaker 1: You know, in South Americans emphasize more family, and maybe
• 1:19:10
  Speaker 1: they're less lonely because they they're more with family. I
• 1:19:13
  Speaker 1: think that although again all over the world that's changing
• 1:19:16
  Speaker 1: as people are having few and fewer kids and families
• 1:19:20
  Speaker 1: are shrinking significantly. So I don't know if it's uniquely American.
• 1:19:25
  Speaker 1: I'm not sure the loneliest epidemic is even a thing.
• 1:19:30
  Speaker 1: But it's not because they're individualists. It's because they're lazy.
• 1:19:35
  Speaker 1: It's because they don't pursue their values. It's because they're
• 1:19:39
  Speaker 1: not living, they're not choosing to fully live, and that's
• 1:19:43
  Speaker 1: a fail of them not being more individualistic. Right, Randall
• 1:19:51
  Speaker 1: just came in with fifty Australian dollars, So we'll go
• 1:19:54
  Speaker 1: to that question. We always go to higher value questions first.
• 1:19:59
  Speaker 1: If it developed a builds apartments that block my sunlight
• 1:20:03
  Speaker 1: or view, is that simply a consequence of property rights
• 1:20:07
  Speaker 1: or can I ever be or can it ever be
• 1:20:10
  Speaker 1: considered a rights violation under objectivism? This is common justification
• 1:20:16
  Speaker 1: for nimby, especially in wealthy places. Yeah, no, you don't
• 1:20:22
  Speaker 1: have a right to a view. You know, you don't have.
• 1:20:27
  Speaker 1: In other words, a right to view means a right
• 1:20:30
  Speaker 1: to dictate what other property holders do with their property. Now,
• 1:20:36
  Speaker 1: you could live in a neighborhood in which there is
• 1:20:40
  Speaker 1: a common contract among homeowners not to build above a
• 1:20:46
  Speaker 1: certain height or something like that, and it's an actual contract,
• 1:20:50
  Speaker 1: and I think contracts like that have to expire at
• 1:20:52
  Speaker 1: some point. What do you call them? A neighborhood some things?
• 1:20:58
  Speaker 1: But this the state has no right to tell people
• 1:21:01
  Speaker 1: what they can and cannot do with their property. See,
• 1:21:04
  Speaker 1: you could limit it through contractual arrangements, but otherwise you can't.
• 1:21:09
  Speaker 1: And absolutely somebody could build something next though to you
• 1:21:13
  Speaker 1: that lowers the value of your house. Tough, that's the
• 1:21:18
  Speaker 1: consequence of taking property right seriously, right, So HOA is
• 1:21:25
  Speaker 1: I guess they call them homeowners associations under certain conditions
• 1:21:30
  Speaker 1: can restrict what kind of homes can be built in
• 1:21:32
  Speaker 1: a particular area contractually, But the state cannot do that.
• 1:21:42
  Speaker 1: And I think I'm dubious about whether those contracts can
• 1:21:45
  Speaker 1: be perpetual. So there has to be some provision for
• 1:21:49
  Speaker 1: expiration or renewal, or negotiation of renegotiation of terms or
• 1:21:54
  Speaker 1: things like that. So it can be a pseudo government.
• 1:21:56
  Speaker 1: An HOA can't become a government. So another noise. Noise
• 1:22:06
  Speaker 1: actually hurts you. Noise actually swoopt you in ways. The
• 1:22:10
  Speaker 1: blocking sunlight a blocking view, don't so no, there's no
• 1:22:19
  Speaker 1: there's no justification for banning that, all right, Dave, Hey, Ron,
• 1:22:25
  Speaker 1: send you an email about paying for your reaction to
• 1:22:28
  Speaker 1: a couple of clips of Mike Israel interview defending capitalism
• 1:22:32
  Speaker 1: and advocating abolishing the FDA. That's getting a lot of views. Yeah,
• 1:22:35
  Speaker 1: I'm gonna I'll watch it if you have, if you
• 1:22:39
  Speaker 1: have the actual clips, if you have the time of
• 1:22:42
  Speaker 1: the actual clips, send them to me, and then you
• 1:22:45
  Speaker 1: know what, when I do it, I'll probably do it
• 1:22:47
  Speaker 1: on Saturday, maybe tomorrow. Either tomorrow or Saturday. I will
• 1:22:51
  Speaker 1: do it and then just come on and do some
• 1:22:54
  Speaker 1: super chats or sticker to fund it, uh, you know,
• 1:23:00
  Speaker 1: for it, so you know, whatever, whatever you think is appropriate.
• 1:23:03
  Speaker 1: But but yes, I'll definitely do that. I found what
• 1:23:06
  Speaker 1: he said. I watched one clip and what he said interesting.
• 1:23:09
  Speaker 1: If you know where the FDA is, then H, then
• 1:23:13
  Speaker 1: send me the time stamps for that. Thanks h Dave
• 1:23:17
  Speaker 1: for the idea and for supporting it. Chasbott, how much
• 1:23:21
  Speaker 1: will costco employee need to pay in taxes? On his
• 1:23:24
  Speaker 1: full one K when he retires, Well, he'll only pay
• 1:23:32
  Speaker 1: It's good. Full one k is a pre tax money,
• 1:23:35
  Speaker 1: so he'll pay whatever he withdraw us from it. He'll
• 1:23:38
  Speaker 1: pay regular income tax rates, so will depend on what
• 1:23:42
  Speaker 1: tax back it he will be when he retires. But yeah,
• 1:23:49
  Speaker 1: I mean, it's sad that he has to be taxes
• 1:23:51
  Speaker 1: on it said that we all have to be taxes
• 1:23:53
  Speaker 1: on our income. But that's uh, that's the reality. The
• 1:23:57
  Speaker 1: fact that he has a million dollars and that you
• 1:24:00
  Speaker 1: know he's done better in the four one K than
• 1:24:02
  Speaker 1: he did with Social Security in terms of a turn
• 1:24:05
  Speaker 1: on money is you know, pretty pretty amazing, pretty amazing.
• 1:24:14
  Speaker 1: So good for him. Let's see Andrew m Andrew eight
• 1:24:21
  Speaker 1: hours on rand. That's quite a project. Yes, it is,
• 1:24:24
  Speaker 1: and it's stressing me out because a lot of work
• 1:24:26
  Speaker 1: to do in the next two weeks. Did the Peterson
• 1:24:28
  Speaker 1: Academy give any instructions on what you want to cover? No,
• 1:24:31
  Speaker 1: they did not, or leave it totally up to you,
• 1:24:33
  Speaker 1: totally up to me. Can you provide a window into
• 1:24:36
  Speaker 1: how you intend to structure the content? I mean, right
• 1:24:38
  Speaker 1: now I think of doing it this way. I'm interested
• 1:24:41
  Speaker 1: in what you guys think the first two hours will
• 1:24:46
  Speaker 1: be basically a biography of an Rand, with extensive discussions
• 1:24:52
  Speaker 1: of the novels interspersed into her life story, so presented
• 1:24:59
  Speaker 1: as a heroic the success story of an immigrant to
• 1:25:06
  Speaker 1: the United States who fled communism, So give context and
• 1:25:12
  Speaker 1: give them context. In terms of the literature. I won't
• 1:25:15
  Speaker 1: go deep into literature because you can't do that unless
• 1:25:18
  Speaker 1: they've read the book, and I can't require them to
• 1:25:20
  Speaker 1: read the book the books, so I'm just going to
• 1:25:23
  Speaker 1: have to give them an introduction to each one of
• 1:25:26
  Speaker 1: the books and talk a little bit about them, and
• 1:25:28
  Speaker 1: then maybe use some examples in the rest. So that's
• 1:25:31
  Speaker 1: the first two hours, and then I plan to do
• 1:25:35
  Speaker 1: metaphysics of pistemology. Two sessions on the ethics, the first
• 1:25:41
  Speaker 1: kind of broadly speaking about the ethics or view of ethics,
• 1:25:44
  Speaker 1: the meta ethics, and then the idea of self interest
• 1:25:47
  Speaker 1: of egoism. And then the second on the virtues, with
• 1:25:52
  Speaker 1: a particular emphasis on pride versus humility to contrast the
• 1:25:58
  Speaker 1: virtues with Christian which is and then the last session
• 1:26:04
  Speaker 1: I intend to do on half on the aesthetics, so
• 1:26:09
  Speaker 1: just kind of an introduction to their aesthetics, and then
• 1:26:12
  Speaker 1: on her influence impacts, And my guess is that discourse
• 1:26:16
  Speaker 1: will be more than eight hours. They let me go over,
• 1:26:19
  Speaker 1: so I wouldn't be surprised if it lands up being
• 1:26:22
  Speaker 1: more like nine hours or even ten hours, because I
• 1:26:25
  Speaker 1: might go over in some of these sessions, particularly that
• 1:26:27
  Speaker 1: last session. So that is the plan right now. I
• 1:26:35
  Speaker 1: intend during the metaphysics and epistemology sessions to really hammer
• 1:26:41
  Speaker 1: at religion from her perspective, right who views on religion,
• 1:26:48
  Speaker 1: on God and the concept of God and the meaninglessness
• 1:26:51
  Speaker 1: of the concept of God, on the difference between privacy
• 1:26:54
  Speaker 1: of consciousness and privacy of existence and what each implies.
• 1:26:58
  Speaker 1: And then in the pistemology on the meaning of faith
• 1:27:02
  Speaker 1: and what faith actually means and what faith implies. I
• 1:27:06
  Speaker 1: also intend to weave throughout the idea that all the
• 1:27:12
  Speaker 1: achievements of Western civilization achievements of reason, not of faith,
• 1:27:15
  Speaker 1: not of religion. The religion is not the source of
• 1:27:19
  Speaker 1: our civilizations. So I'm trying to combat the more religiously orientation,
• 1:27:30
  Speaker 1: more religion oriented orientation of many of the courses on
• 1:27:34
  Speaker 1: in the Peterson Academy. So I'm definitely thinking, Okay, who's
• 1:27:40
  Speaker 1: taking this? People are really interested in Jordan Peterson. Jordan
• 1:27:44
  Speaker 1: Peterson has made a lot of people religious. I want
• 1:27:48
  Speaker 1: to at least present a case against that right in
• 1:27:50
  Speaker 1: Iran's in Iran's terminology in terms, and I think it's
• 1:27:56
  Speaker 1: it's completely consistent with the presentation Ryman's philosophy. You have
• 1:27:59
  Speaker 1: to you have to have a contrast. An obvious contrast is,
• 1:28:03
  Speaker 1: particularly for this audience, is religion. I was a contrast
• 1:28:06
  Speaker 1: that with kind of uh subjectivism and uh. But but
• 1:28:10
  Speaker 1: I'll also talk about the fact, you know, on subjectivism
• 1:28:13
  Speaker 1: and and relativism and the secular versions of primacy of
• 1:28:20
  Speaker 1: consciousness and and and what do you call it? And
• 1:28:24
  Speaker 1: of course a contrast morality, the egoism with altruism. Saw
• 1:28:28
  Speaker 1: a hard hitting on altruism, both altruism from a from
• 1:28:33
  Speaker 1: a a religious perspective and also a secular perspective. Yeah,
• 1:28:40
  Speaker 1: it's the biggest signment. I'm I'm I'm spending a lot
• 1:28:43
  Speaker 1: of time on it. And then I also have to
• 1:28:46
  Speaker 1: do the Vinch Capital private equity, which also is new.
• 1:28:48
  Speaker 1: I've never done there before. Zach, you have you heard
• 1:28:54
  Speaker 1: of open Claw? Yes, I think you could benefit greatly
• 1:28:57
  Speaker 1: from your own self hosted Ai assistant. I started a
• 1:29:02
  Speaker 1: small business automating business workflows and would left to get
• 1:29:06
  Speaker 1: you started. That would be really cool. I mean dropping
• 1:29:09
  Speaker 1: an email ZAC you run at your on bookshow dot com.
• 1:29:12
  Speaker 1: You run at your on bookshow dot com, and let's
• 1:29:15
  Speaker 1: talk about it. Talk about there's a bunch of things
• 1:29:19
  Speaker 1: setting up, for example, for this show that could be automated.
• 1:29:24
  Speaker 1: There's a lot of email I think that could be automated.
• 1:29:26
  Speaker 1: There's a lot of stuff that I do on a
• 1:29:29
  Speaker 1: daily basis that could be automated. That would be really
• 1:29:31
  Speaker 1: really cool. So yeah, let's have a conversation. Not youving algorithm.
• 1:29:40
  Speaker 1: If you really thought you were collapse, we were collapsing
• 1:29:44
  Speaker 1: into fascist dictatorship. Would AARI have an action plan? I
• 1:29:49
  Speaker 1: mean action plan would be to continue what we do
• 1:29:52
  Speaker 1: within the boundaries of not going to the gulag. I
• 1:29:58
  Speaker 1: mean I don't there's no action plan be on that.
• 1:30:00
  Speaker 1: There's no shortcuts. There's still no shortcuts. So we have
• 1:30:06
  Speaker 1: to do what we have to do. And if the
• 1:30:08
  Speaker 1: if the conditions become more dangerous, maybe we do it
• 1:30:12
  Speaker 1: remotely from outside the country. Maybe we do it, uh
• 1:30:17
  Speaker 1: you know, in in in secret basements or whatever. But
• 1:30:20
  Speaker 1: we continue to teach on Man's ideas. That's what we
• 1:30:22
  Speaker 1: continue to do. Whoops, chasbat But how can people be
• 1:30:32
  Speaker 1: more if they don't have an all powerful being to
• 1:30:36
  Speaker 1: scare them into proper behavior? Oh, but they do have
• 1:30:40
  Speaker 1: an all powerful being. Uh, and that's that's uh, you know,
• 1:30:44
  Speaker 1: chachipt Church Pat isn't all powerful being. It's just not scary.
• 1:30:50
  Speaker 1: That's the beauty of having an all powerful being that
• 1:30:53
  Speaker 1: is at your disposal versus one that is uh mean
• 1:30:58
  Speaker 1: and nasty. And you know, and you are supposed to
• 1:31:02
  Speaker 1: enslave yourself to Yes, we will talk about how morality
• 1:31:08
  Speaker 1: can exist without a god, what morality actually serves, what
• 1:31:13
  Speaker 1: its purpose actually is according to iron Rand, versus what
• 1:31:17
  Speaker 1: is commonly believed out there? All right, Halpa Campbell. Is
• 1:31:22
  Speaker 1: China's AI sector less regulated than Americas. It looks like
• 1:31:27
  Speaker 1: it right now. It looks like it right now. But
• 1:31:31
  Speaker 1: I don't have a lot of insight into what's going
• 1:31:33
  Speaker 1: on in China visa VAI. But I haven't heard of
• 1:31:36
  Speaker 1: a of a AI program AI agent being stopped by
• 1:31:41
  Speaker 1: the Chinese government from release. By the way, Chapter GBT
• 1:31:46
  Speaker 1: five point six is being released. The government just unfroze
• 1:31:50
  Speaker 1: it and allowed it to be released, so I'm looking
• 1:31:52
  Speaker 1: forward to getting my hands on that. Holpa Campbell. Does
• 1:31:57
  Speaker 1: your not have much of an AIO tech sector, you
• 1:32:00
  Speaker 1: to it suppressive status policies. Although the COVID vaccines were
• 1:32:04
  Speaker 1: invented by European companies, that's not true. So Europe does
• 1:32:13
  Speaker 1: not have much of an AI or tech sector because
• 1:32:16
  Speaker 1: of regulation and controls. Scandinavia is Sweden is the best
• 1:32:22
  Speaker 1: or the least regulated, and they have the most tech,
• 1:32:25
  Speaker 1: but they have a very few unicorns. That is, a
• 1:32:28
  Speaker 1: company is worth a billion dollars or more. They've just
• 1:32:31
  Speaker 1: not been successful and with entrepreneur adventures. And that's partially
• 1:32:37
  Speaker 1: because I've talked about this on the show many times.
• 1:32:40
  Speaker 1: Partially because of regulations, and partially because of their attitude
• 1:32:46
  Speaker 1: towards failure. Their attitude towards entrepreneurship. It's a very low
• 1:32:51
  Speaker 1: risk tolerance society. They don't tolerate risk taking, and it's
• 1:32:58
  Speaker 1: very difficult to build tech and innovate if you don't
• 1:33:03
  Speaker 1: if you're not very good at tolerating risk. One of
• 1:33:06
  Speaker 1: the UH one of the vaccines, one of the m
• 1:33:10
  Speaker 1: RNA vaccines, the one that Pizers sold, was in the
• 1:33:14
  Speaker 1: developed in Europe. It was developed in Germany by two immigrants.
• 1:33:19
  Speaker 1: One was a child of an immigrant and one came
• 1:33:21
  Speaker 1: to Germany as a child, both of Turkish descent. Turkish
• 1:33:25
  Speaker 1: Turkish yeah descent, living in Germany. That was bio intech
• 1:33:31
  Speaker 1: that teamed up with Pfizer. The Moduna version of the
• 1:33:35
  Speaker 1: m RNA vaccine was developed in the United States. Europe
• 1:33:40
  Speaker 1: does have pharmaceutical companies. Europe does have medical research that
• 1:33:47
  Speaker 1: may be more advanced there than they are in biotech,
• 1:33:50
  Speaker 1: but even there, most most innovations in healthcare happen in
• 1:33:55
  Speaker 1: the United States. Time Jonathan's Jonathan Swain says Stephen Miller
• 1:34:07
  Speaker 1: moves fast on immigration, knowing courtes respond slowly. That's why
• 1:34:12
  Speaker 1: Trump likes him. He acts very fast. Yeah, I mean,
• 1:34:16
  Speaker 1: there's no question Stephen Miller doesn't care about the courts.
• 1:34:18
  Speaker 1: He doesn't care about the rule of law. He is
• 1:34:21
  Speaker 1: he really is a little fascist, and he moves fast
• 1:34:25
  Speaker 1: and he gets stuff done. And Trump likes him. But
• 1:34:27
  Speaker 1: he might land up being a liability for Trump and
• 1:34:30
  Speaker 1: try Trump might get rid of him. If he is.
• 1:34:32
  Speaker 1: We will see. They are rumors that he might be
• 1:34:35
  Speaker 1: getting rid of him. We'll see. I believe it when
• 1:34:38
  Speaker 1: I see it time. Liberal media has higher standards than
• 1:34:43
  Speaker 1: the right. I think generally that's true. Both have dramatically
• 1:34:48
  Speaker 1: flawed and very very biased. But I do think that
• 1:34:53
  Speaker 1: mainstream media, the mainstream media generally has just different better
• 1:34:58
  Speaker 1: standards of screening stories than than the right. They're biased,
• 1:35:01
  Speaker 1: but they don't They usually don't report nonsense, complete nonsense. Randall,
• 1:35:08
  Speaker 1: thank you again for fifty Australian dollars you're on. In Australia,
• 1:35:11
  Speaker 1: house prices have risen roughly in line with broad money growth,
• 1:35:15
  Speaker 1: while population and housing stock have grown much more slowly.
• 1:35:20
  Speaker 1: Is the housing crisis fundamentally a monetary phenomena rather than
• 1:35:23
  Speaker 1: primarily a supply issue? Look, I mean, you know, you know,
• 1:35:30
  Speaker 1: I don't know. I don't know if the question is
• 1:35:35
  Speaker 1: of housing prices risen with other goods, you know, with
• 1:35:40
  Speaker 1: with basically CPI and PPI or whatever whatever the inflation
• 1:35:44
  Speaker 1: measure is in price inflation measures. And in Australia, it
• 1:35:50
  Speaker 1: could be that more money is going into housing and
• 1:35:53
  Speaker 1: that's driving up cost. It usually doesn't, It isn't sustainable
• 1:35:56
  Speaker 1: over the long run. There's no question in the United
• 1:35:59
  Speaker 1: States that housing prices going up with demand here's the
• 1:36:03
  Speaker 1: question for your andall. It's Australia. My guess is that
• 1:36:08
  Speaker 1: housing prices have now gone up uniformally all over Australia.
• 1:36:13
  Speaker 1: So the question is this, have housing prices gone up
• 1:36:18
  Speaker 1: more in areas because you know, when you talk about
• 1:36:22
  Speaker 1: housing prices, it's some kind of median or mean or
• 1:36:25
  Speaker 1: an average or median. So the question is other areas
• 1:36:29
  Speaker 1: in which housing prices have gone up a lot more,
• 1:36:33
  Speaker 1: a lot more because there's high demand in those areas,
• 1:36:37
  Speaker 1: because people want to live in those areas and the
• 1:36:40
  Speaker 1: stock of housing is not increasing, and housing prices have
• 1:36:44
  Speaker 1: gone up a lot less, maybe even less than inflation
• 1:36:48
  Speaker 1: in those areas of the country where people don't really
• 1:36:51
  Speaker 1: want to live and we'd love to leave and go
• 1:36:54
  Speaker 1: to the places where this high demand but where there's
• 1:36:57
  Speaker 1: no building, because that's the case in the US. If
• 1:36:59
  Speaker 1: you go, I don't know, if you're in the middle
• 1:37:01
  Speaker 1: of Indiana, housing prices are pretty pretty cheap, and then
• 1:37:05
  Speaker 1: that haven't gone up and which means it's not really
• 1:37:08
  Speaker 1: a monetary phenomenon. But housing prices on the coasts, particularly
• 1:37:13
  Speaker 1: in California and in places like Seattle, which are very
• 1:37:18
  Speaker 1: high end demand and where there's no building. They've gone
• 1:37:24
  Speaker 1: up through the roof. Housing prices in Austin where there
• 1:37:28
  Speaker 1: was demand, but then the demand was matched by increased supply,
• 1:37:33
  Speaker 1: housing prices went up and then they came down. So
• 1:37:37
  Speaker 1: in the US it's clearly driven by a demand for housing.
• 1:37:44
  Speaker 1: And you can tell by how different different regions are
• 1:37:49
  Speaker 1: and how regions that respond with increased supply see very
• 1:37:55
  Speaker 1: little home price increases and regions that don't respond. Regions
• 1:38:00
  Speaker 1: that in demand but don't respond with increased supply see
• 1:38:04
  Speaker 1: massive increases in prices. And the average has gone up,
• 1:38:09
  Speaker 1: but the average is not that informative. Randall says, yes,
• 1:38:13
  Speaker 1: house prices have skyrocketed in places like Sydney and Melbourne,
• 1:38:17
  Speaker 1: but also in regional areas. As prices are high in
• 1:38:20
  Speaker 1: the major cities. Even in low socioeconomic areas, house prices
• 1:38:25
  Speaker 1: are going up. So you know, at the end of
• 1:38:28
  Speaker 1: the day, house prices are going to go up if
• 1:38:32
  Speaker 1: people if there's a look, if there's plenty of demand,
• 1:38:40
  Speaker 1: if there's plenty of supply, there's plenty of supply, why
• 1:38:44
  Speaker 1: would people bid up even if they had more money
• 1:38:46
  Speaker 1: because of inflation? Why would people bid up the price
• 1:38:49
  Speaker 1: of the houses visa the prices of everything else. I'm
• 1:38:55
  Speaker 1: not convinced that monetary inflation over the long run. I
• 1:38:59
  Speaker 1: think it's run, yes, but it was a long run.
• 1:39:02
  Speaker 1: I'm not convinced that monetary inflation causes long run increases
• 1:39:08
  Speaker 1: in prices in specific sectors or in specific markets. So
• 1:39:14
  Speaker 1: I think you can have a bubble in the stock
• 1:39:16
  Speaker 1: market because of printing up money, but it bursts. Ultimately
• 1:39:22
  Speaker 1: that money will get dispersed and it will manifest itself
• 1:39:25
  Speaker 1: in widespread price increases. And so the whole theory is
• 1:39:32
  Speaker 1: the people who get the money first drive up. The
• 1:39:36
  Speaker 1: people drive our prices for everybody else, But ultimately everybody
• 1:39:41
  Speaker 1: else gets the money as well, and they drive our
• 1:39:44
  Speaker 1: prices that they want as well. So inflation is a
• 1:39:48
  Speaker 1: price inflation is a broad phenomena. Inflation is a phenomena
• 1:39:52
  Speaker 1: that results in prices overall in the economy going up.
• 1:39:57
  Speaker 1: And it might manifest itself temporarily in large spikes in
• 1:40:02
  Speaker 1: particular industries, but over time it should express itself in
• 1:40:08
  Speaker 1: higher overall price inflation. So you'd have to look, is
• 1:40:13
  Speaker 1: there a place, for example, in Australia that is like
• 1:40:16
  Speaker 1: Austin where they met the increased demand with increased supply,
• 1:40:22
  Speaker 1: and did prices go down in that place in that area.
• 1:40:26
  Speaker 1: I think it's mostly a supply story, at least in
• 1:40:29
  Speaker 1: the United States. Again, how to tell with Thissphelia, all right?
• 1:40:34
  Speaker 1: Tim Trump flew to Turkey on Air Force one. No
• 1:40:37
  Speaker 1: he didn't on the old Airs one. No he didn't.
• 1:40:40
  Speaker 1: He flew to Turkey on the New Force one. When
• 1:40:43
  Speaker 1: he flew out of Turkey, he flew in the old
• 1:40:46
  Speaker 1: Air Force one. And there's some debate about why, but
• 1:40:51
  Speaker 1: supposedly there's a threat to his life and they weren't
• 1:40:55
  Speaker 1: completely either trustworthy of force of the new Force one,
• 1:40:59
  Speaker 1: the one they got from Kata, or they just wanted
• 1:41:03
  Speaker 1: to fake out the assassins by having both planes lead
• 1:41:07
  Speaker 1: but him being on the old one, not on the
• 1:41:09
  Speaker 1: new one.
• 1:41:10
  Speaker 3: But he flew to London on the old one in
• 1:41:15
  Speaker 3: the UK, not to London, UK and the old one.
• 1:41:18
  Speaker 3: And in the UK he moved to the new one
• 1:41:21
  Speaker 3: and flew to the US and the new one.
• 1:41:25
  Speaker 1: So again it was only a segment and was out
• 1:41:29
  Speaker 1: of Turkey to the UK that he flew in the
• 1:41:31
  Speaker 1: old one. And exactly why, there's a lot of speculation,
• 1:41:37
  Speaker 1: but he seems to trust the new one because he
• 1:41:39
  Speaker 1: keeps flying on it all right, Liam, from what I
• 1:41:43
  Speaker 1: hear MESSI doesn't train that hard anymore and still wipes
• 1:41:48
  Speaker 1: the flow with competition. Yeah, I mean he's getting for
• 1:41:51
  Speaker 1: football player. He's pretty old, he's thirty nine. He trains
• 1:41:54
  Speaker 1: enough to stay in shape. He's often obviously in shape.
• 1:41:58
  Speaker 1: He's running around and but yeah, his skill, he doesn't
• 1:42:03
  Speaker 1: have the same velocity on his fastball, on his kick
• 1:42:07
  Speaker 1: that he used to. He can't score goals from the
• 1:42:10
  Speaker 1: distances he used to, so he's definitely he can't run
• 1:42:16
  Speaker 1: as much. He's not as fast as he used to be.
• 1:42:20
  Speaker 1: But his control is phenomenal and his vision is an
• 1:42:27
  Speaker 1: intelligence soccer intelligence is just amazing. And yes, he's still
• 1:42:32
  Speaker 1: better than anybody else, at least you know, in the
• 1:42:35
  Speaker 1: World Cup. Right. I wouldn't say he's the best player
• 1:42:39
  Speaker 1: in the world right now, but at the World Cup
• 1:42:40
  Speaker 1: he certainly is. And Bepa is pretty good if you
• 1:42:44
  Speaker 1: watched him today. Trump time says Trump skipped son's wedding. Yeah,
• 1:42:50
  Speaker 1: because of the negotiations with you on what says a family.
• 1:42:54
  Speaker 1: I don't know, I mean, I don't know how big
• 1:42:58
  Speaker 1: of a deal this son's wedding, was it was his
• 1:43:00
  Speaker 1: second wedding or I don't know. I don't know what
• 1:43:03
  Speaker 1: the relationship is. I you know, I don't. I don't
• 1:43:06
  Speaker 1: pay much attention to people's personal lives unless defensive mine time.
• 1:43:12
  Speaker 1: Musk is a genius. Is politics are irrational? Yes? I
• 1:43:15
  Speaker 1: think that's right. I think that's a good summary. At times,
• 1:43:18
  Speaker 1: says I flow on kl M A three eighty on
• 1:43:21
  Speaker 1: an amazing machine. Yeah, I've flown on three eighties many times.
• 1:43:26
  Speaker 1: They are although you know, they're not very efficient and
• 1:43:33
  Speaker 1: it did not turn out to be a good plane
• 1:43:35
  Speaker 1: in the sense of a lot of a lot of
• 1:43:37
  Speaker 1: airlines are phasing them out, have phased them out or
• 1:43:40
  Speaker 1: phasing them out. Mike says, do you recommend taking your
• 1:43:45
  Speaker 1: available courses on Peterson in any particular order? Oh? Good question. No,
• 1:43:54
  Speaker 1: not really. I would start with capitalism, but the other courses, yeah,
• 1:44:00
  Speaker 1: I don't think it really matters what order you take
• 1:44:03
  Speaker 1: them in. I say, here's I would probably do capitalism, finance, money, trade, globalization,
• 1:44:11
  Speaker 1: and then corporation. I think that would be that would
• 1:44:15
  Speaker 1: be the way to go, but it's not crucial. Baker
• 1:44:22
  Speaker 1: for the Jordan Peterson course, please stress the virtues, how
• 1:44:26
  Speaker 1: they integrate with each other, of course, and their relevance
• 1:44:29
  Speaker 1: to happy life. Of course, Financed ethics are the most
• 1:44:32
  Speaker 1: crucial needed part of objectivism, the easiest to implement, Yeah,
• 1:44:35
  Speaker 1: but of course hard to implement if you don't buy
• 1:44:39
  Speaker 1: into the idea of reason. Right. So yeah, I'm again.
• 1:44:42
  Speaker 1: I'm spending two classes on the ethics that is the
• 1:44:46
  Speaker 1: heart of the course, and I'll spend a lot. I
• 1:44:48
  Speaker 1: spend a whole hour on the virtues. It's not a lot, right,
• 1:44:51
  Speaker 1: I could spend hours on the virtues. Actual least that's
• 1:44:54
  Speaker 1: the plan right now. Maybe maybe I'll structure it a
• 1:44:57
  Speaker 1: little differently once we actually get to it. Right now,
• 1:45:01
  Speaker 1: I'm still building the course and still trying to figure
• 1:45:03
  Speaker 1: out what I'm gonna say time. Taiwan seems more individualists
• 1:45:08
  Speaker 1: than Japan and Korea. I think that's probably true. I hesitate,
• 1:45:14
  Speaker 1: but I think that's right. I think the Chinese people
• 1:45:17
  Speaker 1: have a more individualistic culture, entrepreneurial. Maybe, Arthur, have you
• 1:45:26
  Speaker 1: spoken to Jordan Peterson directly or just as underlings? Does
• 1:45:31
  Speaker 1: he like your lectures? I don't know. I haven't spoken
• 1:45:34
  Speaker 1: to him. I got an email from him when he
• 1:45:36
  Speaker 1: first invited me to give it to lecture. You know.
• 1:45:41
  Speaker 1: He said he had heard or seen that I was
• 1:45:43
  Speaker 1: a good lecturer and invited me to get do the
• 1:45:45
  Speaker 1: course in capitalism. And that was I don't know, a
• 1:45:47
  Speaker 1: couple of years ago. But Jordan Peterson is ill. I
• 1:45:51
  Speaker 1: certainly haven't spoken to him. I deal with his son
• 1:45:53
  Speaker 1: in law. His son in law, the Mikhaela's husband is
• 1:46:00
  Speaker 1: is who I deal with. He is running the Peterson Academy. James,
• 1:46:08
  Speaker 1: if income taxes were abolished, would becoming a millionaire in
• 1:46:12
  Speaker 1: your thirties and forties be now the norm? You know?
• 1:46:18
  Speaker 1: I don't know. I don't know. I mean, what you
• 1:46:24
  Speaker 1: really need is because okay, that would add thirty percent
• 1:46:27
  Speaker 1: to income, so is getting to six hundred thousand norm.
• 1:46:31
  Speaker 1: I don't know about what norm is, and I don't
• 1:46:34
  Speaker 1: know what that means. Generally, I think the most important
• 1:46:37
  Speaker 1: thing to do is to deregulate thus increased productivity of labor.
• 1:46:42
  Speaker 1: And if you increase the productivity of labor, then wages
• 1:46:45
  Speaker 1: go up. And what you need is wages to go up,
• 1:46:47
  Speaker 1: and for that, what you really need is massive deregulation.
• 1:46:52
  Speaker 1: Tim Risky, advancedism or evangelicals Catholicism definitely much more intellectual,
• 1:46:59
  Speaker 1: much more serious, much more principled, much more scary. Tim
• 1:47:05
  Speaker 1: is Europe's low risk taking driven by the welfare state.
• 1:47:09
  Speaker 1: A smaller welfare state could encourage more innovation and entrepreneurship.
• 1:47:13
  Speaker 1: It's partially driven by the welfare state, but it's deeply cultural.
• 1:47:18
  Speaker 1: It's a lot of it has to do with the collectivism,
• 1:47:23
  Speaker 1: the lack of individualism, the lack of self esteem, the
• 1:47:27
  Speaker 1: idea that I can achieve anything, I can do anything,
• 1:47:30
  Speaker 1: I can pursue anything, I can do it. Failure is
• 1:47:34
  Speaker 1: not you know, failure, I'll fail, just get back up
• 1:47:37
  Speaker 1: and do something, do it again, or do something different.
• 1:47:41
  Speaker 1: That is all cultural. Europe has a culture of low
• 1:47:44
  Speaker 1: risk lots offications, an anti individualistic culture, individualism focus on
• 1:47:55
  Speaker 1: individual happiness and individual ambition. European culture is not ambitious enough.
• 1:48:03
  Speaker 1: American culture is much more pro ambition. I think it's
• 1:48:06
  Speaker 1: more that than the office state or the office state
• 1:48:09
  Speaker 1: reinforces that. Of course, infree banking, rate changes, rates change daily, volatile,
• 1:48:20
  Speaker 1: short term, stable long term. Could firms still raise capital
• 1:48:24
  Speaker 1: in that environment? Yeah, sure, it's easier because if it's
• 1:48:28
  Speaker 1: stable long term, then most firms raise capital long term
• 1:48:34
  Speaker 1: and maybe even longer term. Know what they raise today today?
• 1:48:38
  Speaker 1: They raise capital ten years, fifteen years, twenty years, imagine
• 1:48:40
  Speaker 1: fifty sixty, one hundred years raising capital because they know
• 1:48:43
  Speaker 1: the money value the money is not changing over that
• 1:48:46
  Speaker 1: period of time. Tim, Britain had a high inflation in
• 1:48:50
  Speaker 1: nineteen seventies, yet homes were affordable relative to wages. Zoning,
• 1:48:56
  Speaker 1: not monetary policy, is the main cause. I think that's right.
• 1:49:00
  Speaker 1: I think that's right. I don't know the history of
• 1:49:02
  Speaker 1: the seventies in England to that extent, but I do
• 1:49:05
  Speaker 1: think it's mostly supply rather than monetary policy. Tim. I
• 1:49:13
  Speaker 1: think jade Van's style of Catholicism is more concerning than evangelicalism.
• 1:49:18
  Speaker 1: I agree at least many evangelicals publicly support capitalism in Israel. Yeah,
• 1:49:23
  Speaker 1: and you know there less intellectual, they let's have an agenda.
• 1:49:26
  Speaker 1: They less have, they less want control. The Catholics know
• 1:49:30
  Speaker 1: exactly what they want, and they want control, and they
• 1:49:32
  Speaker 1: want to control over your models. They want control over
• 1:49:35
  Speaker 1: your behavior. They want to be able to tell you
• 1:49:37
  Speaker 1: what you can and cannot do. All right, guys, thank
• 1:49:41
  Speaker 1: you to all the superchatters. Really really appreciate it. I
• 1:49:45
  Speaker 1: will see you all tomorrow, probably an early show twelve
• 1:49:50
  Speaker 1: or one pm East Coast time, the same thing on Saturday.
• 1:49:54
  Speaker 1: This is our World Cup schedule. To apologize in advancem
• 1:50:00
  Speaker 1: juggling shows and prep for shows, World Cup soccer, and
• 1:50:07
  Speaker 1: preparing for the Jodan pedison courses. I'm juggling all of
• 1:50:10
  Speaker 1: those at the same time. Yeah, it's kind of crazy
• 1:50:14
  Speaker 1: in this house right now. I will see you all tomorrow.
• 1:50:21
  Speaker 1: Bye everybody. Thanks for the support, and don't forget. If
• 1:50:23
  Speaker 1: you want to support my documentaries the documentary videos to
• 1:50:26
  Speaker 1: go to Patreon and and check out check out the
• 1:50:33
  Speaker 1: project and help support it. Thanks guys. Bye,