Latest / Yaron Brook Show / Graham; Ukraine; Iran; Oil; ICE; 1776; Greedflation; Cronyism; Ebola; Achievement | Yaron Brook Show

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Graham; Ukraine; Iran; Oil; ICE; 1776; Greedflation; Cronyism; Ebola; Achievement | Yaron Brook Show · Yaron Brook Show

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  Speaker 1: A lot of fun the printless and individuals. This is
• 0:14
  Speaker 1: the show, all right, everybody, Welcome to your one book
• 0:22
  Speaker 1: show on this what is it? It's Monday. Welcome to
• 0:30
  Speaker 1: everybody on this this Monday, and thanks for joining me.
• 0:36
  Speaker 1: We are in for a new show. So we're gonna
• 0:40
  Speaker 1: jump right into the news. I will fill you in
• 0:43
  Speaker 1: on other stuff at the at the break, looking for
• 0:48
  Speaker 1: something here, can't find it.
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  Speaker 2: All right, let's.
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  Speaker 1: Let's talk about Lindsey Graham. Lindsey Graham died over the
• 1:01
  Speaker 1: weekend from brain aneurism or some kind of some kind
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  Speaker 1: of I don't know if no, it wasn't a brain
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  Speaker 1: aneurism heart but basically, you know, from a massive cardiac
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  Speaker 1: I guess event. A lot of rumors over the weekend
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  Speaker 1: because he had just come back from Ukraine, and as
• 1:20
  Speaker 1: maybe you know, Lindsey Graham was kind of what's considered
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  Speaker 1: a farm policy hawk, a big defender of Ukraine, very
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  Speaker 1: anti Russia, big defender of the war against Iran. Actually
• 1:32
  Speaker 1: was critical of mildly critical of Trump ceasfire and MoU
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  Speaker 1: wanted it all out and to win, and the rumors
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  Speaker 1: were all over the place.
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  Speaker 2: The Russians killed him.
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  Speaker 1: The Iranians killed him. These Raelis killed him to make
• 1:49
  Speaker 1: it look like the Iranians killed him. So anyway, lots
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  Speaker 1: of conspiracy theories, lots of lots of distraction and uh,
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  Speaker 1: and it turns out, no, he probably just died of
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  Speaker 1: a natural causes, although the Russians are pretty good at
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  Speaker 1: making it look like it's natural causes, but it's not
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  Speaker 1: really so anyway, he probably died of national causes. And
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  Speaker 1: so there's a lot of talk about him, and I
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  Speaker 1: think the main reason is that he is He was
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  Speaker 1: the number one ally of Israel in the Senate. He
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  Speaker 1: was the number one ally I think of Ukraine in
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  Speaker 1: the Senate. He represented an approach to fount policy that
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  Speaker 1: is very unlike Donald Trump's and maybe a lot of
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  Speaker 1: a lot of the people who surround surround Donald Trump,
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  Speaker 1: and he often was a counter to those people making
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  Speaker 1: phone calls. And the thing about Graham, as we'll get
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  Speaker 1: to in a minute, he was a huge backup of
• 3:00
  Speaker 1: and had therefore his ear. He was a dedicated soldier
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  Speaker 1: in the Trump whatever you want to call it, all right,
• 3:10
  Speaker 1: just a little history.
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  Speaker 2: He was center for twenty three years.
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  Speaker 1: He started in the Senate two thousand and three, after
• 3:17
  Speaker 1: he'd been eight years in the House of Representative. He
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  Speaker 1: represented South Carolina, where he was born. He got a
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  Speaker 1: degree from the University of South Carolina. He served thirty
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  Speaker 1: three years in the US Air Force, in National Guard,
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  Speaker 1: in Athos Reserve. He retired as a colonel. And again
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  Speaker 1: the main thing we know him. Two things he's known for.
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  Speaker 1: One is his dedication to Donald Trump and his support
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  Speaker 1: for Donald Trump no matter what, and even when Donald
• 3:45
  Speaker 1: Trump did things he didn't like. And second his his
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  Speaker 1: fan posse hawkishness, hawkishness. This is what al Phil Graham
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  Speaker 1: said about Donald Trump in twenty sixteen. But you know
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  Speaker 1: point in twenty sixteen, I don't have Sadly, I don't
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  Speaker 1: have the exact date on this, but this is what
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  Speaker 1: This is what Phil Graham said, and I'm quoting. He
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  Speaker 1: is a race baiting, you know, phobic, religious bigot. He
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  Speaker 1: doesn't represent my party. He doesn't represent the values that
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  Speaker 1: the men and women who wear the uniform are fighting for.
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  Speaker 1: Graham said he was disgusted by Trump and discussed by
• 4:28
  Speaker 1: his comments. And anyway, that was that was pill Graham,
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  Speaker 1: that was hell Graham in twenty sixteen, and Phil Graham,
• 4:41
  Speaker 1: like JD. Vance I think called Trump Nazi or something
• 4:44
  Speaker 1: like that. And like many many, many, many, many many
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  Speaker 1: many people, you know, I can think of Glenn Beck
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  Speaker 1: and so many others who were horrified by Trump, who
• 4:56
  Speaker 1: thought Trump was terrible and disaster and all of that.
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  Speaker 2: I didn't, I said Phil Graham. I meant Lindsey Graham.
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  Speaker 1: I knew I was going to make this mistake because
• 5:08
  Speaker 1: as I was thinking about what I was going to
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  Speaker 1: say today, I kept saying in my head, Phil Graham.
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  Speaker 1: Phil Graham is the It was a senator from Texas
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  Speaker 1: who's still alive. He's very old now, but much better
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  Speaker 1: than Lindsay Graham and very Phil Graham was very very
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  Speaker 1: good on on capitalism, very very good in capitalism.
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  Speaker 2: Anyway, It really is amazing. It really is amazing.
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  Speaker 1: That Lindsey just flipped, just changed, and not only flipped,
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  Speaker 1: but went from he's a race batings, you know, phobic
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  Speaker 1: religious bigot two one of the biggest cheerleaders. Lindsay Graham
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  Speaker 1: was one of the biggest cheerleaders for, you know, for
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  Speaker 1: Donald Trump during his term in the Senate. I like numbers,
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  Speaker 1: says Phil Graham. Used to be democratedn ttil the nineteen eighties. Maybe,
• 5:55
  Speaker 1: but he was one of the best Republicans in my
• 6:01
  Speaker 1: time in the United States since the nineteen eighties, and
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  Speaker 1: he was one of the.
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  Speaker 2: Strongest advocate for capitalism.
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  Speaker 1: And he's still writing articles in the Wall Seat Journal
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  Speaker 1: regularly defending capitalism, very critical of Donald Trump on the
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  Speaker 1: free market side, and a real advocate for you know,
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  Speaker 1: as real as the Republican can be advocate for free markets.
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  Speaker 1: So Phil Graham one of the bettest sentences of the
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  Speaker 1: last forty to fifty years. Lindsey Graham suck up to
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  Speaker 1: Donald Trump after calling him that I just don't get it.
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  Speaker 2: How you flip that much is really something that is
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  Speaker 2: really something.
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  Speaker 1: Pretty And then of course he kept coming up against
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  Speaker 1: the fact that Trump did not live up to Graham's
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  Speaker 1: own Lindsey Graham's own farm policy views. And yet he
• 7:01
  Speaker 1: kept apologizing for him, he kept justifying him, he kept
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  Speaker 1: having his back. Nothing changed. Now.
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  Speaker 2: One thing I will say.
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  Speaker 1: About Graham's is, you know, one way, one way you
• 7:12
  Speaker 1: could be judged is by how many people, how many
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  Speaker 1: people are happy you're dad. And the reality is that
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  Speaker 1: the people are happy that Graham's dead. That actually, uh,
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  Speaker 1: in some way, UH.
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  Speaker 2: Celebrated this.
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  Speaker 1: All, you know, either crazy leftist though new right, so
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  Speaker 1: Senec Senec quote, Lindsey Graham has moved onto the next
• 7:37
  Speaker 1: step in his journey, trying to convince Hades to attack
• 7:40
  Speaker 1: Zeus and Poseidon. He says that it'll only take a
• 7:43
  Speaker 1: couple of weeks and will require any ground troops, and
• 7:45
  Speaker 1: there's no way Poseidon can close the street. Anachsparian, another leftist, says,
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  Speaker 1: good riddance. I mean, there's so there's such nice people
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  Speaker 1: like I hate it, despised Lindsey Graham, particularly given his
• 8:00
  Speaker 1: support for Trump and his willingness to bend with the wind.
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  Speaker 1: But you know, there's no reason a good d I mean,
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  Speaker 1: that's just disgusting.
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  Speaker 3: Nick Foyantis, Nick Foyantis your favorite, good riddance.
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  Speaker 1: So he.
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  Speaker 2: Just like and Consparian this.
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  Speaker 1: Exact same woods, exact same spelling, the exact same tweet.
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  Speaker 1: I mean maybe the dating. I don't know, I don't
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  Speaker 1: know what's going on there. But yeah, so you've got
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  Speaker 1: to say, to his credit, to Lindsey Graham's credit, he had,
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  Speaker 1: he had worthy enemies. The people who hated him were bad,
• 8:45
  Speaker 1: bad guys. Now The Wall Seat Journal, The Wall Seat
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  Speaker 1: Journal's editor at Largeoe Baker writes in The Wall Streat
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  Speaker 1: Journal today, you know, look, Windsy Graham just flatted Trump
• 8:58
  Speaker 1: because because he needed his ear right, he needed to
• 9:02
  Speaker 1: be to stay, to stay relevant, and he needed to
• 9:07
  Speaker 1: stay basically, he needed to be to represent. He was
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  Speaker 1: the only guy who was going to represent his views,
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  Speaker 1: and and if he alienated Trump, he would never have
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  Speaker 1: his ear So he he became a drooling fanboy, as
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  Speaker 1: the wall Steed Journal Baker Bakers the Wall ste Journal's
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  Speaker 1: Baker right. He became Trump's drooling fanboy so he could
• 9:32
  Speaker 1: serve as a roadmap to the model intellectual and institutional,
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  Speaker 1: a decay of the Party of Ronald Reagan. So yeah,
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  Speaker 1: I mean he supported that right, But it's all in
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  Speaker 1: the name of supposedly supposedly to try to to try
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  Speaker 1: to what is it, what do you call it, try
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  Speaker 1: to get Trump to to listen to his voice.
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  Speaker 2: Here's a continuation of Baker right.
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  Speaker 1: His conversion bears the hallmarks of a wider collapse across
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  Speaker 1: the political spectrum. The triumph of demonic, demonic wow, demonic
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  Speaker 1: expediency over honor, of opportunistic convenience over consistency, of raw
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  Speaker 1: power over principle. His public shows of obeisience. Somebody correct
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  Speaker 1: my pronunciation to President Trump exemplify the voluntary surrender of
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  Speaker 1: the legislative branch of government, a geniflection to execute a
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  Speaker 1: power alien to both Republican democracy and conservatism.
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  Speaker 2: I mean, this guy's brutal, but he's absolutely right.
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  Speaker 1: Let's see. Uh, I'm trying to find some of the
• 11:01
  Speaker 1: gems in here. Uh yeah, the cynical account of his
• 11:09
  Speaker 1: political evolution is only partially right. He wasn't engaging funny
• 11:13
  Speaker 1: and self depreciating rancature ready with the quotable quip and
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  Speaker 1: the off the record gossip which always assured him of
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  Speaker 1: an audience. But as he affected his damascene conversion to
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  Speaker 1: the man whose takeover the Republican Party he once described
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  Speaker 1: as batshitt crazy and end quote like being shot in
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  Speaker 1: the head unquote, as he trumpeted some of the more
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  Speaker 1: cringe worthy sycopacy pen see about his new political master,
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  Speaker 1: his public devotion was designed, at least in part, to
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  Speaker 1: protect for his party and his country some injuring principles.
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  Speaker 1: I mean, it's it's sad, right, it's sad, But this
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  Speaker 1: is what happens to many politicians and I think Lindsey
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  Speaker 1: Graham represents kind of the.
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  Speaker 2: Worst application for that.
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  Speaker 1: At least he he didn't sell out completely in the
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  Speaker 1: sense that he didn't he didn't change his phone policy
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  Speaker 1: to adapt to Donald Trump's phwan policy. He just changed
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  Speaker 1: everything else to adapt to h to Trump and again
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  Speaker 1: his phone policy. His advocacy for Israel and for Europe
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  Speaker 1: and for and for Ukraine was commendable. All right. Now
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  Speaker 1: there's a battle who will replace him. Donald Trump wants
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  Speaker 1: Lindsey Graham's sister, who I guess he had that Linda
• 12:54
  Speaker 1: Graham had adopted when she was a young child. He
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  Speaker 1: was a brother, but I guess their parents died and
• 13:03
  Speaker 1: she's loyal and so on. But it is the governor
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  Speaker 1: of South Carolina who will decide. South Carolina will also
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  Speaker 1: hold an emergency kind of expediated primary. Lindsay Graham had
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  Speaker 1: won the primary about a month ago, and they're going
• 13:21
  Speaker 1: to hold a new primary in August to decide who
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  Speaker 1: the Republican candidate for South Carolina will be starting in January.
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  Speaker 1: So they're looking right now to point somebody for the
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  Speaker 1: rest of Lindza Gram's term, which ends in January twenty
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  Speaker 1: twenty seven. So that and that's a safe seat, so
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  Speaker 1: that no matter which Republican they choose will probably be elected.
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  Speaker 1: All right, Given Lindsay Graham's farm Polsey credentials, I thought
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  Speaker 1: we would start off with Fan Parlsey and let's start
• 13:53
  Speaker 1: with Ukraine. I mean what Ukraine has been doing recently,
• 13:57
  Speaker 1: and it keeps getting more impressive and more courageous and
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  Speaker 1: more like in the the in Russia's face, kind of
• 14:08
  Speaker 1: sticking it in Russia's face.
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  Speaker 2: Over the last week.
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  Speaker 1: Over the last week, Ukraine has destroyed or immobilized about
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  Speaker 1: one hundred and five Russian ships operating in the Black
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  Speaker 1: Sea and as of Sea, basically in the area of
• 14:25
  Speaker 1: the Crimean Peninsula. Ukraine has managed to completely isolate the
• 14:31
  Speaker 1: Crimean Peninsula. They can't bring in supplies by land through
• 14:37
  Speaker 1: the occupied southern Ukraine provinces. They because those convoys of
• 14:43
  Speaker 1: supplies are being hit by the Ukrainian missiles and by drones.
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  Speaker 1: They cannot bring over the bridge that connects Russia to
• 14:53
  Speaker 1: Ukraine because the Ukrainians have keep you know again, bombing
• 14:58
  Speaker 1: the supplies and and have attacked that bridge several times
• 15:03
  Speaker 1: and caused real stress. Crimea is running out of supplies
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  Speaker 1: in particular oil. So the Russians started to deliver those
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  Speaker 1: supplies by ship, and the Ukrainian has just taken out
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  Speaker 1: one hundred and five ships. I mean, this is a
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  Speaker 1: stematic campaign to cripple Russia's maritime logistics, in particular as
• 15:29
  Speaker 1: it relates to Crimea. Indeed, the Ukrainians are leaving the
• 15:35
  Speaker 1: path for exiting Crimea open to encourage people to leave Crimea,
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  Speaker 1: the Russians to leave Crimea. Ukraine has nomatically expanded its
• 15:49
  Speaker 1: long range strike capabilities as we've talked about, and drone production,
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  Speaker 1: and instead of going after individual targets, it's now hitting
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  Speaker 1: entire supply networks because refineries, cargo, vessels, ports, fuel infrastructure.
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  Speaker 2: I mean, they don't want to just seek ships.
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  Speaker 1: They want to destroy the infrastructure that brings goods and
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  Speaker 1: materials and particularly oil to Crimea and southern Ukraine so
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  Speaker 1: as to make it more and more difficult and ultimately
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  Speaker 1: impossible for the Russians to defend those territories, those occupied territories. Again,
• 16:25
  Speaker 1: over seven day period, Ukraine destroyed or immobilized one hundred
• 16:30
  Speaker 1: and five Russian ships. That's a lot of ships, and
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  Speaker 1: it's basically disrupted chipping in the Black Sea. It disrupted
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  Speaker 1: the ability to get the supplies to CROMEA.
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  Speaker 2: And it really it's.
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  Speaker 1: It is. What Ukraine is doing is is changing the landscape.
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  Speaker 1: I mean, it's using drone technology like nobody else has
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  Speaker 1: ever used drone technology. It now has large numbers of drones.
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  Speaker 1: The Russians do not have the anti drone technology to
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  Speaker 1: take them down. They're going after refineries deep in Russia.
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  Speaker 1: They're going after refineries all over western Russia. They're going
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  Speaker 1: after ships in the in the Black Sea. They're going
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  Speaker 1: after supply chains, whether it's by rail or by by road.
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  Speaker 1: They're going after them and destroying them. And this is
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  Speaker 1: this is really really really impressive. You know, there are
• 17:46
  Speaker 1: lots of photos you can find and and there's a
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  Speaker 1: big Wall Sea Journal article today on see how Ukraine
• 17:52
  Speaker 1: is taking out Russia's refinery using long range strikes. You
• 17:57
  Speaker 1: know that are basically created a few crises in Russia.
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  Speaker 1: So they're killing the refineries. What that means is Russia
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  Speaker 1: can't produce enough oil for domestic consumption. They ban the
• 18:10
  Speaker 1: export of diesel because they need all the diesel that
• 18:15
  Speaker 1: they are producing internally. They're devoting resources to rebuilding these
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  Speaker 1: refineries as Ukraine is destroying them away from the battlefield.
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  Speaker 1: And again this is not just refineries that are close
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  Speaker 1: to the Ukrainian border. They are reaching fifteen hundred kilometers
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  Speaker 1: well into Russia, actually fifteen hundred miles in the case
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  Speaker 1: of the Umpsk refinery, which is way, way, way deep
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  Speaker 1: close to the Kazakhstan border, completely disrupting what Russia Russia
• 18:52
  Speaker 1: export the flow of revenue in Russia can still export
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  Speaker 1: raw oil, but part of what they export is refined
• 19:00
  Speaker 1: in material. Indeed, the fact that you are not seeing
• 19:04
  Speaker 1: a decline in all prices at the pump, which we'll
• 19:08
  Speaker 1: talk about in a minute, is partially because you know,
• 19:13
  Speaker 1: there's a lot less refined product out there in the world,
• 19:15
  Speaker 1: partially because what Ukraine is doing to the Russians. But
• 19:18
  Speaker 1: they are a crippling an entire industry and a strategic
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  Speaker 1: industry and essential strategic industry in Russia. And in in
• 19:31
  Speaker 1: in June, they had over thirty strikes long range strikes
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  Speaker 1: deep into deep into UH, into UH into Russia, and
• 19:43
  Speaker 1: that was the that was the most they've had, you know,
• 19:46
  Speaker 1: since the war began. So the ability of Ukraine to
• 19:50
  Speaker 1: strike deep uh they're multiple types of drones with a
• 19:57
  Speaker 1: variety of different ranges. And then the fact that they
• 20:01
  Speaker 1: have developed a domestically developed Kruis missile, the Flamingo Cruis missile,
• 20:06
  Speaker 1: with a range of eighteen hundred miles or more. They've
• 20:11
  Speaker 1: also developed an FP one drone. This drone has a
• 20:16
  Speaker 1: range of eighteen hundred miles. That's astounding. It can stay
• 20:20
  Speaker 1: up in the air for eighteen hours. And you know,
• 20:23
  Speaker 1: this is carrying a payload of one hundred you know,
• 20:27
  Speaker 1: a war head and a payload of one hundred.
• 20:29
  Speaker 2: And thirty two pounds.
• 20:32
  Speaker 1: Now remember the Flamingo Kuismos cell has a payload of
• 20:35
  Speaker 1: twenty five hundred and thirty five pounds, So one hundred
• 20:38
  Speaker 1: and thirty two pounds is a small payload, but relative
• 20:42
  Speaker 1: to a Chrismo cell, but still a significant payload. That
• 20:44
  Speaker 1: if you exploded into a flammable thing like a refinery.
• 20:49
  Speaker 2: This is full of oil and diesel and stuff like that.
• 20:52
  Speaker 1: Yeah, it'll cause a lot of damage. It's got another drone,
• 20:57
  Speaker 1: another drone that has a range of six hundred and
• 20:58
  Speaker 1: twenty to twelve hundred miles. Drones then that have ranges
• 21:03
  Speaker 1: of eight hundred and seventy and another one that has
• 21:06
  Speaker 1: four thirty five to five hundred miles, and another one
• 21:09
  Speaker 1: that has a range of five hundred miles. I mean,
• 21:12
  Speaker 1: you know, just in the Wall Street Journal they're describing
• 21:14
  Speaker 1: five different drone types and one cruise missile, all basically
• 21:18
  Speaker 1: produced in Ukraine by Ukrainians. Ukrainian technology. They become more
• 21:23
  Speaker 1: and more independent of Chinese parts. These are all domestically made.
• 21:29
  Speaker 1: It is astounding what Ukraine has managed to do. All
• 21:32
  Speaker 1: those critics of Ukraine, all those right wing you know,
• 21:36
  Speaker 1: crazy is about Ukraine early in the war. Ukraine's going
• 21:40
  Speaker 1: to lose, this is going to win this, It'll take weeks.
• 21:42
  Speaker 1: All of that.
• 21:45
  Speaker 2: Yeah, wrong, That's all I'll say.
• 21:48
  Speaker 1: Ukraine has shown unbelievable abilities. To talk about unbelievability, is
• 21:54
  Speaker 1: they did something that's never been done in the history
• 21:57
  Speaker 1: of warfare.
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  Speaker 2: You know, they put out a video today.
• 22:00
  Speaker 1: I'm not sure when it actually happened, but they basically
• 22:03
  Speaker 1: have They used a drone boat. Droned boats have existed
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  Speaker 1: for a while, and they've used dron boats to blow
• 22:13
  Speaker 1: up Russian Navy ships in the past. But they used
• 22:15
  Speaker 1: a drone boat to carry a combat robot to an
• 22:22
  Speaker 1: occupied shoreline on something called the kinboat spit and then
• 22:27
  Speaker 1: they put this robot, this combat robot, on the beach,
• 22:33
  Speaker 1: and then this robot armed with a machine gun started
• 22:38
  Speaker 1: attacking Russian positions in a sense from behind. It was
• 22:42
  Speaker 1: run remotely by an operator of the one hundred and
• 22:45
  Speaker 1: thirty four one hundred and twenty third Territorial Defense Brigade
• 22:50
  Speaker 1: from far away. No one had to swim to the beach.
• 22:55
  Speaker 1: No one had to die on that beach. They are
• 22:58
  Speaker 1: now using robot in combat, and they're now using boats,
• 23:04
  Speaker 1: robotic boats to take robotic machine guns in a sense
• 23:08
  Speaker 1: into battle. Now this is all new. They did it one.
• 23:13
  Speaker 1: It's a test. As they build out these robotic machine guns,
• 23:18
  Speaker 1: they might do a lot more. They might do a
• 23:20
  Speaker 1: lot more.
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  Speaker 2: By the way, the.
• 23:21
  Speaker 1: United States, for the first time, at least that I
• 23:23
  Speaker 1: know of, in naval in American naval history, used robot boats,
• 23:30
  Speaker 1: robotic drone boats, suicide boats packed with explosives to destroy
• 23:37
  Speaker 1: a I don't know, Iranian submarine repair doc.
• 23:44
  Speaker 2: They used three of them.
• 23:45
  Speaker 1: It seems like a waste of money to me, but
• 23:46
  Speaker 1: it's pretty cool and something the Ukrainians will be doing
• 23:50
  Speaker 1: for quite a while now. So an example of the
• 23:52
  Speaker 1: United States learning from the Ukrainians anyway. This is amazing again,
• 23:58
  Speaker 1: more innovation. The Ukrainians have innovated under pressure, like I
• 24:04
  Speaker 1: don't know anybody else except maybe the Israelis. And there's
• 24:08
  Speaker 1: actually video of this robot landing on the beach. You know.
• 24:12
  Speaker 1: Imagine imagine landing on the beach of the beaches of
• 24:18
  Speaker 1: you know, South Pacific Islands during World War two, not
• 24:20
  Speaker 1: with troops and having thousands of them killed, but with
• 24:24
  Speaker 1: little robots and just climb up the hell and shoot everybody. Anyway,
• 24:32
  Speaker 1: it's rewriting military doctrine.
• 24:35
  Speaker 2: As we speak. Hi, that is that is Ukraine.
• 24:44
  Speaker 1: We keep following them. I think their successes of now
• 24:48
  Speaker 1: tilted Trump a little bit to be more favorable towards them.
• 24:53
  Speaker 1: He he likes winners, he likes it if you have cards.
• 24:57
  Speaker 1: Ukraine now has the cards, and Russia seems weak. Putin
• 25:04
  Speaker 1: continues to appear very very very weak. It's hard to
• 25:08
  Speaker 1: understand what strategy is left for them. They're doing no advancement,
• 25:14
  Speaker 1: no advancements on the ground anyway. Uh. And you know,
• 25:23
  Speaker 1: the war cannot I'm not going to be one without
• 25:29
  Speaker 1: unless they decided technical nukes, the war will not be one.
• 25:32
  Speaker 1: And I think people in Russia realize this. I think
• 25:36
  Speaker 1: everybody around Putin realizes this. Even so one oligod go
• 25:40
  Speaker 1: on going on. I think interview with the economists criticizing
• 25:45
  Speaker 1: Putin for the first time, one of the oligogs did dead.
• 25:48
  Speaker 1: I'm still still waiting for him to fall out of
• 25:50
  Speaker 1: a window. But he's in trouble, and I'm not sure
• 25:55
  Speaker 1: how he gets.
• 25:55
  Speaker 2: Out of this trouble.
• 25:56
  Speaker 1: I'm not sure what the exit strategy for is escalation,
• 26:04
  Speaker 1: but escalation is going to lead to even greater defeat
• 26:08
  Speaker 1: or somehow there's a coup. I don't think. I don't
• 26:13
  Speaker 1: think Putin himself can get himself out of this unless
• 26:17
  Speaker 1: Trump comes to his rescue or something. I don't know.
• 26:20
  Speaker 4: All right, uh, let's see, Yes, let's turn to our
• 26:31
  Speaker 4: second fund, war fund, and that is you on a
• 26:33
  Speaker 4: lot of stuff happening in you on.
• 26:36
  Speaker 1: So, as you know, the Ranians a mean attacking ships
• 26:40
  Speaker 1: in this Strait of Homoes and preventing traffic from going
• 26:42
  Speaker 1: out there. The US keeps claiming no, no, no, the Straits
• 26:46
  Speaker 1: Straight of Homoes is open to traffic with defending those ships.
• 26:50
  Speaker 1: But the reality is that the Uranians are somehow finding
• 26:52
  Speaker 1: ways we keep bombing the facilities along the coast. They
• 26:56
  Speaker 1: keep bombing American facilities in Kuwait and Bahrain and Yui,
• 27:01
  Speaker 1: and keep threatening to do a lot more than that.
• 27:04
  Speaker 1: And it's tit for tat, tit for tat, tit for tat,
• 27:06
  Speaker 1: which is a not a strategy, and it can't be won,
• 27:09
  Speaker 1: and there's no point in it, and it's it's not strategy.
• 27:12
  Speaker 2: It's not strategy.
• 27:15
  Speaker 1: And indeed, it seems like right now the only thing
• 27:17
  Speaker 1: Donald Trump cares about is opening the State of Homos.
• 27:20
  Speaker 1: But the State of Homos will open before the war.
• 27:25
  Speaker 1: So if this is really the strategic goal, then he
• 27:27
  Speaker 1: shouldn't have gone to war. I'm sure he regrets going
• 27:31
  Speaker 1: to war. So the State of Homos is mostly closed.
• 27:39
  Speaker 1: And now Trump is announced that he is reimposing the
• 27:44
  Speaker 1: blockade on uraniums ships going in and out of port.
• 27:47
  Speaker 1: I thought he'd done it three days ago, but he hadn't.
• 27:50
  Speaker 1: He just suggested it. But now he's actually doing it.
• 27:54
  Speaker 1: There was a press conference with Heckseth and join Chief
• 27:58
  Speaker 1: Commander and they announced that they were doing this. So
• 28:01
  Speaker 1: they are now uh uh blockading Iranian ports. They should
• 28:06
  Speaker 1: have done this in date one of the war. It's
• 28:08
  Speaker 1: shocking that they didn't. So basically, now the state is closed. Uh,
• 28:13
  Speaker 1: the US is still not gone in with a strategic
• 28:16
  Speaker 1: commitment to use force in order to keep it open,
• 28:19
  Speaker 1: in order to open it up fully and use whatever
• 28:23
  Speaker 1: force is necessarily not to do it.
• 28:24
  Speaker 2: Again, no strategy.
• 28:26
  Speaker 1: And you know, I was laughed at, laughed at on
• 28:29
  Speaker 1: the chat when I suggested a week end to this
• 28:31
  Speaker 1: war that Trump had no strategy for opening the state
• 28:34
  Speaker 1: of hormoes. And now it's what five months later, and
• 28:38
  Speaker 1: he still has no strategy for opening the states of homos.
• 28:42
  Speaker 1: It's truly stunning the set incompetence of this president. I
• 28:51
  Speaker 1: mean singing it for ten years, all right. Anyway, So, uh,
• 28:56
  Speaker 1: Trump said they're gonna do the They're gonna they're gonna,
• 29:00
  Speaker 1: you know, do this blockade. He also says we're going
• 29:03
  Speaker 1: to hit them very very hard. I don't know what
• 29:05
  Speaker 1: that means, and I don't know what the purpose of
• 29:07
  Speaker 1: hating them very very hard is. It doesn't take much
• 29:09
  Speaker 1: for them to disrupt shipping. You could do it, you
• 29:14
  Speaker 1: could open up the shipping, but that would take a
• 29:15
  Speaker 1: lot more. But then he also said, also actually posted
• 29:19
  Speaker 1: this in one of his Twitter posts. He said that
• 29:23
  Speaker 1: not only is he going to reinstate the blockade, but
• 29:26
  Speaker 1: now any shipp the ones out of the States of
• 29:30
  Speaker 1: Formoes on the American side, supposedly, the United States is
• 29:36
  Speaker 1: going to demand a twenty percent reimbursement. So the US
• 29:41
  Speaker 1: is not going to do what Uran did take a
• 29:43
  Speaker 1: fee for leadingships exit the.
• 29:45
  Speaker 2: State of Homoes.
• 29:47
  Speaker 1: That fee is going to be a lot more than
• 29:49
  Speaker 1: a million or two million that the Ranians were taking.
• 29:52
  Speaker 1: That It's going to be twenty percent, which is bizarre
• 29:54
  Speaker 1: and ridiculous, and a significant increase the price of every
• 29:58
  Speaker 1: barrel of oil. Trump said that the United States would
• 30:02
  Speaker 1: become the guardian of the waterway and it expects to
• 30:07
  Speaker 1: be paid for doing that. The whole thing is just
• 30:11
  Speaker 1: such a fuss. I don't think any of this is
• 30:13
  Speaker 1: going to happen. I don't think the United States is
• 30:15
  Speaker 1: going to charge this. But oh and by the way,
• 30:21
  Speaker 1: the blockade goes into a fake July fourteenth at four pm,
• 30:25
  Speaker 1: so we've got another day. By then, the Iranians might
• 30:30
  Speaker 1: go to Trump and say, no, no, we really really
• 30:32
  Speaker 1: really really want to deal, and He'll say, oh, they
• 30:36
  Speaker 1: now really really really really want to deal. So I'm
• 30:39
  Speaker 1: going to go back to the negotiating table and keep
• 30:40
  Speaker 1: it all open. I mean, I can't imagine a more
• 30:45
  Speaker 1: pathetic president when it comes to negotiations than Trump. Yeah,
• 30:57
  Speaker 1: we'll see what happens. But he says, as a matter
• 31:01
  Speaker 1: of fairness, we will be reimboosed at a rate of
• 31:03
  Speaker 1: twenty percent on all cargo shipping. No details about the
• 31:09
  Speaker 1: Trump fee proposal were provided by the White House, so
• 31:12
  Speaker 1: nobody knows exactly what that means. No idea, But we'll see,
• 31:21
  Speaker 1: we'll see how it actually how actually happens. Here's the thing, though,
• 31:27
  Speaker 1: I mean, the US is bombing more locations, and you on.
• 31:31
  Speaker 1: I'm all for bombing locations, and you on. And they're
• 31:33
  Speaker 1: bombing a lot of the locations that I suggested should
• 31:36
  Speaker 1: be bombed. A week into the war.
• 31:39
  Speaker 2: It was a Saturday.
• 31:40
  Speaker 1: I remember doing a show about how to open the
• 31:42
  Speaker 1: Straight and Foremost, and my suggestion was to bomb everything
• 31:46
  Speaker 1: on the coastline that made it possible for them to
• 31:49
  Speaker 1: target chipping. And that's what they're trying to do. But
• 31:51
  Speaker 1: it seems like every day they give you the same
• 31:53
  Speaker 1: list of targets, radar and defense systems and places where
• 31:59
  Speaker 1: they're the missiles, landish sea missiles and boats. And I
• 32:06
  Speaker 1: mean it's the same thing every day because there are
• 32:08
  Speaker 1: a lot of these assets that EUON has that they're
• 32:10
  Speaker 1: not big assets, so it's hard to get them all
• 32:13
  Speaker 1: at once. Again, should have been done first week of
• 32:16
  Speaker 1: the war. And they're probably not bombing it quite as
• 32:19
  Speaker 1: intensely as they should. They're not destroying their entire port
• 32:23
  Speaker 1: infrastructure that the Uranians have, which I don't understand.
• 32:27
  Speaker 2: That should be again the first thing that should do.
• 32:30
  Speaker 1: Just destroy the capacity of you on to import and
• 32:33
  Speaker 1: export anything. And you know, when there's peace one day,
• 32:38
  Speaker 1: the Megans can help them, we build some of that
• 32:40
  Speaker 1: port facilities. But for now, every single port should be destroyed.
• 32:43
  Speaker 1: There should be no ability of you on to ship
• 32:45
  Speaker 1: in and out anything because the ports are gone. Let
• 32:48
  Speaker 1: the smuggle stuff in on rowboats. So as bombing continues
• 32:57
  Speaker 1: all along the coast, Ewon is then bomb facilities in the.
• 33:03
  Speaker 3: Gulf States. Tit for tat. What is the strategy? What
• 33:13
  Speaker 3: is the strategy?
• 33:17
  Speaker 1: I mean, there really is only one strategy that should be.
• 33:22
  Speaker 2: Prosecuted.
• 33:23
  Speaker 1: Here here's Andrew Fox, who I think is absolutely right.
• 33:31
  Speaker 1: He's commenting on your Central Command announcing the day of
• 33:34
  Speaker 1: launching most strikes against you ran to continue degrading their
• 33:37
  Speaker 1: ability to taxivilian mariners and commercial ships freely transiting the
• 33:41
  Speaker 1: straits of Homos. The command in a chiefs director strikes
• 33:44
  Speaker 1: to hold you run. All right, So here's what Andrew
• 33:47
  Speaker 1: Fox said, more US taxpayer dollars being turned into fireworks
• 33:52
  Speaker 1: for zero strategic benefit.
• 33:56
  Speaker 2: Tactics without strategy is the noise before defeat.
• 34:00
  Speaker 1: I like that. I'll say it again because I like it.
• 34:03
  Speaker 1: Tactics without strategy is the noise before defeat. Properly commit
• 34:11
  Speaker 1: to overthrowing the regime or walk away. These are the
• 34:17
  Speaker 1: only options. He's absolutely right. You know why I stand
• 34:20
  Speaker 1: on this. Commit overthrowing regime. Go do it, finish it,
• 34:28
  Speaker 1: and overthrow this regime and get it done with. Nothing
• 34:31
  Speaker 1: else is gonna solve this issue. We'll just go going
• 34:36
  Speaker 1: back and forth. I mean Iran yesterday, I guess was
• 34:40
  Speaker 1: even attacking kata in Oman, the mediators who tried to
• 34:46
  Speaker 1: get a compromise between us and them, because why not.
• 34:51
  Speaker 1: And if you anybody trying to mediate as a as
• 34:54
  Speaker 1: a as a, you know, as a betrayal of the cause,
• 34:59
  Speaker 1: they really just fanatics. They're not going to moderate that position.
• 35:03
  Speaker 1: They're not going to cut a deal. They're not they
• 35:06
  Speaker 1: they're not going to do any of that.
• 35:11
  Speaker 2: Finish them off.
• 35:13
  Speaker 1: That means stop targeting, you know, all four targeting on
• 35:18
  Speaker 1: the coast as to try to open up the home
• 35:21
  Speaker 1: the states of the State of HomeOS while you're finishing
• 35:23
  Speaker 1: off the regime.
• 35:27
  Speaker 2: But go in there and crush this regime.
• 35:32
  Speaker 1: Take out the leadership, continue to take out the leadership,
• 35:37
  Speaker 1: start hooting their infrastructure, and and make it so painful
• 35:41
  Speaker 1: for the IOGC that they have to competill it and
• 35:46
  Speaker 1: figure out.
• 35:46
  Speaker 2: A political solution.
• 35:49
  Speaker 1: Figure it out.
• 35:50
  Speaker 2: Figure out who.
• 35:54
  Speaker 1: Who can replace the color people, and it can be
• 36:00
  Speaker 1: other people in the RGC. That needs to be completely scrapped,
• 36:03
  Speaker 1: the whole i LGC. That needs to be a condition
• 36:06
  Speaker 1: a piece the dismantling of the URGC. But that's what
• 36:12
  Speaker 1: needs to happen. That's what we've talked about. Needs to
• 36:14
  Speaker 1: happen from day one, day one. But yeah, this is
• 36:22
  Speaker 1: this is what Trump said on you run quote.
• 36:27
  Speaker 2: It was a done deal and then they broke it.
• 36:30
  Speaker 1: They always break it. We've had ten deals with these people,
• 36:34
  Speaker 1: and so we're just going to hit them very hard.
• 36:37
  Speaker 1: They're bad they're a bad group of people. They've been
• 36:42
  Speaker 1: they been this way for a long time. Yeah, yeah, yeah, yeah,
• 36:48
  Speaker 1: we've been saying that, some of us have been saying
• 36:50
  Speaker 1: it for a long time.
• 36:51
  Speaker 2: So why did you ever cut a deal with them? Ever?
• 36:54
  Speaker 1: What was the point of ever cutting a deal with them?
• 37:03
  Speaker 1: I mean, I hear this one every single day. Sent
• 37:07
  Speaker 1: Coom forced to struck Uranian military aid defense systems, coastal
• 37:10
  Speaker 1: radar sites, missileland rone capabilities, and small boats. Every day
• 37:14
  Speaker 1: we hear the same thing, they strike, the same stuff.
• 37:17
  Speaker 1: It's as if they're coming back from the dead. Yeah.
• 37:21
  Speaker 1: He's one of the more interesting stories about the Iran
• 37:25
  Speaker 1: War that I assume it's true because it's not been
• 37:29
  Speaker 1: repeated by enough sources. Did you start to suggest that, yeah,
• 37:33
  Speaker 1: this is this is probably something going on here, that
• 37:38
  Speaker 1: there is something true? According to the New York Times,
• 37:46
  Speaker 1: but again, this is not just the New York Times.
• 37:49
  Speaker 1: The New York Times just published today a comprehensive story
• 37:52
  Speaker 1: about this. But this has been there have been stories
• 37:54
  Speaker 1: about this coming out of Israeli media and other media
• 37:56
  Speaker 1: for a while now. According to the New York Times,
• 38:00
  Speaker 1: there's a israel Is engaged in a year's long effort
• 38:04
  Speaker 1: to groom the former Iranian president Ahmina Aha Mida Judd
• 38:10
  Speaker 1: as an intelligent asset, culminating in a dramatic effort to
• 38:15
  Speaker 1: take him to an Israeli safe house in Tehran in
• 38:20
  Speaker 1: the early.
• 38:20
  Speaker 2: Days of the war.
• 38:23
  Speaker 1: As a potential replacement for the existing regime.
• 38:28
  Speaker 2: The plant fell apart.
• 38:30
  Speaker 1: But this is shocking because Amina jud was one of
• 38:34
  Speaker 1: the most anti Semitic, anti Israel presidents in the history
• 38:38
  Speaker 1: of the Iranian regime. But it turns out that in
• 38:43
  Speaker 1: two thousand and four, supposedly in Budapest in Hungary, a
• 38:49
  Speaker 1: meeting was set up. A meeting was set up between
• 38:54
  Speaker 1: Amina Judd, who was attending some conference, and Israeli intelligent operatives.
• 39:01
  Speaker 2: It was set up at.
• 39:02
  Speaker 1: The University University of Public Service in Budapest. I supposely
• 39:14
  Speaker 1: this had been the second time that he had met
• 39:18
  Speaker 1: with Israel Israeli intelligence assets with the promise that he
• 39:23
  Speaker 1: would be installed as he runs new leader UH. And
• 39:29
  Speaker 1: this was coordinated with I guess the CIA, so that
• 39:31
  Speaker 1: the Americans knew about this.
• 39:34
  Speaker 4: UH.
• 39:36
  Speaker 2: He was a This is a huge.
• 39:38
  Speaker 1: Priority, such that basically the head of Mosad actually went
• 39:47
  Speaker 1: and met him personally uh and and is always building
• 39:53
  Speaker 1: this is studying in before this meeting was in two
• 39:56
  Speaker 1: thousand and four, but they were already planning before that
• 39:58
  Speaker 1: regime changing. He wrong and they were building it around him,
• 40:03
  Speaker 1: which is again weird. He's a Holocaust Denia, committed to
• 40:07
  Speaker 1: the destruction of Israel. But it turns out that in
• 40:11
  Speaker 1: recent years, according to American officials, I guess Israeli Israel
• 40:15
  Speaker 1: secretly paid money to mister ab Najad for housing and travel,
• 40:19
  Speaker 1: and Israeli operatives met him abroad on several occasions, including
• 40:23
  Speaker 1: during a strip to Budapest. Therefore, culminated in late February
• 40:27
  Speaker 1: of this year, during the first days of the US
• 40:30
  Speaker 1: Israeli war on Iran, with an audacious operation to relocate
• 40:35
  Speaker 1: the former leader, who had been living under strict surveillance Intoehran.
• 40:40
  Speaker 1: The goal to set him motion of the plant to
• 40:41
  Speaker 1: topple the comment regime and installed Miss dam Najad. Of course,
• 40:45
  Speaker 1: the plan failed, as we know. On February twenty eighth,
• 40:49
  Speaker 1: an Israeli air strike hit Miss Daminahjad's compound, targeting the
• 40:53
  Speaker 1: building of his bodyguards and his armored vehicle.
• 40:57
  Speaker 2: After the strike, according.
• 40:58
  Speaker 1: To four senior Uranian officials, a black Pugio car arrived,
• 41:03
  Speaker 1: picked up Missdabnajudd and whisked him away at high speed
• 41:06
  Speaker 1: from the chaotic scene. The car was driven supposed to
• 41:12
  Speaker 1: by Mossad agents who took a judge to a secret
• 41:17
  Speaker 1: safe house in Iran. But it turned out that I
• 41:23
  Speaker 1: mean a judge was not happy with the frantic rescue
• 41:27
  Speaker 1: operation and was disillusioned about the Israeli planned to return
• 41:32
  Speaker 1: into power, and he objective objected and ultimately left the
• 41:38
  Speaker 1: safe safe house. We don't know exactly how, but he
• 41:42
  Speaker 1: actually escaped from the safe house, left the safe house and.
• 41:45
  Speaker 2: Went into hiding.
• 41:47
  Speaker 1: His first public appearance was Monday during the funeral procession
• 41:53
  Speaker 1: for a tou Lahamini. According to senior Ranian officials, I
• 42:00
  Speaker 1: mean a job is now in custody of the IRGC,
• 42:05
  Speaker 1: of their intelligence wing. He's under house arrest in Iran,
• 42:10
  Speaker 1: and I suppose the Iran is learning a lot from
• 42:14
  Speaker 1: him about his interactions with the Israelis. Now nobody's affirmed this,
• 42:22
  Speaker 1: uh this, uh, you know know these Raelies have not
• 42:25
  Speaker 1: affirmed this publicly and so on, so you know, supposedly,
• 42:34
  Speaker 1: you know, he changed after his presidency I suppose he
• 42:39
  Speaker 1: tempered his views and toned down his anti Israel rhetoric
• 42:42
  Speaker 1: that had marked his timer his office. He was often
• 42:46
  Speaker 1: during During his time out of office, he was often
• 42:48
  Speaker 1: eager to show off his newly minted moderate side, granting
• 42:53
  Speaker 1: interviews and giving speeches in which he are pined on
• 42:56
  Speaker 1: Iran's pop music culture, criticized the country's security forces for
• 43:00
  Speaker 1: heavy handed crackdowns, and accused the ruling class of financial corruption.
• 43:06
  Speaker 1: He uh, you know, he goomed his bier, he got botox,
• 43:11
  Speaker 1: and he started learning English. You would hold up our
• 43:17
  Speaker 1: long public meetings each morning to hear grievances ordinary people.
• 43:22
  Speaker 1: And uh, he traveled regularly around the country. He was
• 43:26
  Speaker 1: lobbying for a senior position. Uh, and and lobbying as
• 43:32
  Speaker 1: a moderate relative to how bad he was, how how
• 43:37
  Speaker 1: you know? Uh bad he was for the Iranian people
• 43:39
  Speaker 1: and and for Israel in America when he was president.
• 43:43
  Speaker 1: So yeah, I mean he he became realistic about the
• 43:50
  Speaker 1: fact that if there was a war, Americans in Israeli
• 43:52
  Speaker 1: would choose some opposition leader outside you Wan who didn't
• 43:56
  Speaker 1: know the country, and he wanted to He wanted it
• 43:58
  Speaker 1: to be him. He thought he could be the guy,
• 44:00
  Speaker 1: he could be the guy. So as Israeli intelligence agencies
• 44:06
  Speaker 1: followed this rift between i'm in a Jadd in the
• 44:09
  Speaker 1: Iranian regime, during this period they became more interested and
• 44:16
  Speaker 1: as as I mean A Judd became more resentful of
• 44:21
  Speaker 1: Hamini and other senior figures. These Raelis thought they had
• 44:26
  Speaker 1: a good opportunity here, and supposedly they moved in, right,
• 44:31
  Speaker 1: I mean A Judd even sent a public letter in
• 44:33
  Speaker 1: twenty seventeen to Trump and later the saided Rabe krown
• 44:37
  Speaker 1: krown prince and uh, you know, and the IRGC indeed
• 44:46
  Speaker 1: started monitoring and watching him, and but he still managed
• 44:49
  Speaker 1: to meet Israelis overseas. All right, so fascinating it failed,
• 45:03
  Speaker 1: you know, I'm not sure I mean A Judd was
• 45:05
  Speaker 1: ever somebody reliable. He's probably now basically dead. But but yeah,
• 45:14
  Speaker 1: it's it's it's interesting, all right. A few stories on
• 45:18
  Speaker 1: the periphy of what's going on. So the uties whuties
• 45:22
  Speaker 1: remember the who ties who tis who t is? He
• 45:24
  Speaker 1: run backed a terrorist regime in in Yemen which controls
• 45:31
  Speaker 1: a part of Yemen. Uh, they control h Sana and
• 45:34
  Speaker 1: and it's airport anyway, I suppose a airplane from Iran
• 45:39
  Speaker 1: was supposed to land in this airport and the airport
• 45:44
  Speaker 1: was bombed. The airport was bombed to prevent the plane
• 45:46
  Speaker 1: from landing. It ultimately did land in spite of the bombing,
• 45:49
  Speaker 1: but it was uh, it was it was bombed. H.
• 45:54
  Speaker 1: The Huties blamed Saudi Arabia although it was probably the
• 45:59
  Speaker 1: bombing was probably believe from the Yemeni government, the government Aiden,
• 46:06
  Speaker 1: which is which is fighting the Huties over control over
• 46:10
  Speaker 1: over Yemen. Uh, that did the bombing. Anyway, as a
• 46:14
  Speaker 1: result of this, the Huties have now retaliated against the
• 46:19
  Speaker 1: Saudis and and and started bombing Saudi Arabian Uh. So
• 46:29
  Speaker 1: this is another can of another front in the in
• 46:36
  Speaker 1: the in the war in basically the Ranian war. This
• 46:41
  Speaker 1: is this is part of the bigger conflict.
• 46:44
  Speaker 2: So we'll see what happens.
• 46:46
  Speaker 1: Will Saudi Saudi has been studies for years, fought the
• 46:50
  Speaker 1: Huties and was now very successful in support of the
• 46:54
  Speaker 1: of the government of Yemen. Whether I don't think Saudi
• 46:59
  Speaker 1: Ai wants to get into this war again, but maybe
• 47:01
  Speaker 1: maybe that's what it's going to do. Maybe it's going
• 47:04
  Speaker 1: to come back in right all right, Before we go on,
• 47:08
  Speaker 1: I'll just note that we are dramatically behind on fundraising
• 47:14
  Speaker 1: today shows Chasbud is laid by himself, But so please
• 47:19
  Speaker 1: consider asking questions. That way, you get to shape the show.
• 47:23
  Speaker 1: You get to do what I talk about. Once I
• 47:25
  Speaker 1: finished covering the news and start onto the super chat section,
• 47:28
  Speaker 1: all you could do is sticker, and a sticker is
• 47:30
  Speaker 1: just you supporting the show. Because this show is only
• 47:33
  Speaker 1: made possible to support a people who listens to it.
• 47:37
  Speaker 1: There's no other money coming in to pay for my
• 47:40
  Speaker 1: time in prep for these shows, So please consider supporting
• 47:43
  Speaker 1: the show. I know you were very generous yesterday with
• 47:46
  Speaker 1: the show with Nikos, but you know, if I'm going
• 47:50
  Speaker 1: to do a show every day, they're gonna have to
• 47:52
  Speaker 1: raise money every day. If I can't can't do that,
• 47:55
  Speaker 1: then maybe we don't do a show every day. All right.
• 48:01
  Speaker 2: I was going to talk about the Omar Kid.
• 48:02
  Speaker 1: We talked about it this last week and I talked
• 48:05
  Speaker 1: about it with We got to Russia. But yeah, you
• 48:07
  Speaker 1: have to realize one of the big reasons why gasoline
• 48:11
  Speaker 1: prices are high, even though all prices have come down,
• 48:16
  Speaker 1: is because the refining capacity. The global refining capacity is
• 48:20
  Speaker 1: basically being cut by at least ten percent. That has
• 48:24
  Speaker 1: to do with taking offline the refining capacity or much
• 48:27
  Speaker 1: of the fighting capacity in Russia, the taking off of
• 48:32
  Speaker 1: basically the fighting capacity of the Gulf States who export
• 48:38
  Speaker 1: not just oil but a lot of refined products from
• 48:42
  Speaker 1: oil through the Strait of Homos. And as long as
• 48:45
  Speaker 1: the Strait of Homos is closed, there's no basically there's
• 48:50
  Speaker 1: no export, and so and the shrinkage of of how
• 48:58
  Speaker 1: much the Chinese are using their fighting capacity. Remember a
• 49:05
  Speaker 1: helium is a gas used in chip production. Well, China
• 49:10
  Speaker 1: has just banned the export of helium because you can't
• 49:14
  Speaker 1: import helium because mostly helium in the world came from
• 49:18
  Speaker 1: the Gulf States, and now States of Homos is closed,
• 49:21
  Speaker 1: they can't export helium. So China is protecting whatever helium
• 49:27
  Speaker 1: they get from and maintaining it within China for.
• 49:32
  Speaker 2: Using their own chip production.
• 49:34
  Speaker 1: It turns out that the big boost in exports, in
• 49:38
  Speaker 1: production of helium and export of helium is the United States.
• 49:43
  Speaker 1: Helium is a by product of LNG. The US has
• 49:46
  Speaker 1: dramatically boosted the production of LNG to compensate for what's
• 49:49
  Speaker 1: going on in the Middle East, and now the United
• 49:51
  Speaker 1: States has become the biggest supplier, the major supplier of
• 49:55
  Speaker 1: helium too, where chips are made Japan, Taiwan, South Korea
• 50:00
  Speaker 1: and replacing the Gulf States. So the states of Homos
• 50:03
  Speaker 1: are still closed. Therefore, refined material is limited. Oil is
• 50:09
  Speaker 1: still while it's abundant because the United States have opened
• 50:13
  Speaker 1: dispigots and natural gusses about it.
• 50:15
  Speaker 2: They'll fine.
• 50:16
  Speaker 1: Products are not because there's just to build your finding
• 50:19
  Speaker 1: capacity takes a long time. So don't expect gasoline prices
• 50:24
  Speaker 1: to drop dramatically anytime soon. Unless the streets open up
• 50:27
  Speaker 1: completely and the Golf States ramp up their refining capacity,
• 50:34
  Speaker 1: they refiner reasons starts shipping refined products out. All right,
• 50:45
  Speaker 1: what did I want to talk about?
• 50:48
  Speaker 2: Yeah, related to.
• 50:51
  Speaker 1: Oil, just just don't want to talk about quickly about
• 50:54
  Speaker 1: like what is happening in financial markets. So you know,
• 50:58
  Speaker 1: a price is generally up because the straits are not
• 51:01
  Speaker 1: open and there's escalation going on. Then it's not up
• 51:04
  Speaker 1: to when as high as when the war was ongoing,
• 51:07
  Speaker 1: because I think the market is still hoping that this
• 51:10
  Speaker 1: will be resolved, but also because there's plenty of oil.
• 51:14
  Speaker 1: Oil suppliers are not holding that much today. The stock
• 51:20
  Speaker 1: market is down the stock monet is down primarily for
• 51:24
  Speaker 1: the same reason gold is down.
• 51:25
  Speaker 2: And silver is down.
• 51:26
  Speaker 1: Gold is down and silver gold is just under three percent,
• 51:30
  Speaker 1: silver over three percent. The dollar is up, and all
• 51:33
  Speaker 1: of that is caused by the same thing, and that
• 51:35
  Speaker 1: is inch strates on ten year government bonds are up
• 51:42
  Speaker 1: to four point six y one, you know, So that
• 51:48
  Speaker 1: suggests a number of different things. One inflation fears and
• 51:53
  Speaker 1: the fear that the Fed will increase rates in the traders.
• 51:56
  Speaker 1: Now see a fifty percent chance that washed then you,
• 52:00
  Speaker 1: chairman of the Federals of will hike rates this month,
• 52:04
  Speaker 1: this month, fifty percent chance. This is the guy who
• 52:07
  Speaker 1: Trumps sent sent to the Fed to lower rates. But
• 52:13
  Speaker 1: the tenure at four point six suggests rates are going up,
• 52:16
  Speaker 1: not down.
• 52:18
  Speaker 4: Uh.
• 52:18
  Speaker 2: Inflation is a problem.
• 52:20
  Speaker 1: Also, I mean, I think that the four point six
• 52:24
  Speaker 1: is also a reflection of the fact that the.
• 52:26
  Speaker 2: Deficit is super high.
• 52:28
  Speaker 1: Debt is super high, and when debt is super high,
• 52:32
  Speaker 1: it costs you more money to take on new debt.
• 52:36
  Speaker 1: So this government is going to have to pay a
• 52:38
  Speaker 1: higher and higher.
• 52:38
  Speaker 2: Interest rate to fund itself.
• 52:43
  Speaker 1: And the consequence of that, the consequence of that is
• 52:49
  Speaker 1: the deficit grows even more because the amount of interest
• 52:53
  Speaker 1: the government has to pay goes up.
• 52:54
  Speaker 2: That's a government's spend.
• 52:56
  Speaker 1: It has to borrow money to pay interest on its
• 52:59
  Speaker 1: existing debt. And that that is not a virtual cycle
• 53:03
  Speaker 1: of a non virtual cycle of bad cycle. That means
• 53:08
  Speaker 1: the more you borrow, the higher the interstate, the higher
• 53:12
  Speaker 1: you have to pay a fees on interest, The higher
• 53:14
  Speaker 1: the deficit, the more you have to borrow, and on
• 53:17
  Speaker 1: and on it goes. And that's where we are right now.
• 53:20
  Speaker 1: That's where we are right now. So interestates high, I've
• 53:32
  Speaker 1: told you many times, as interestates go up, all else
• 53:35
  Speaker 1: held constant, all other assets go down. So oil goes down, sorry,
• 53:40
  Speaker 1: not all gold goes down. Stock markets go down, you know,
• 53:45
  Speaker 1: and and of course the price of bonds goes down
• 53:47
  Speaker 1: as interestates go up. So that's what we're seeing right now.
• 53:52
  Speaker 1: We're seeing the price of the prices interstates going up, up, up,
• 53:58
  Speaker 1: and that the it's not bode well, not bode well
• 54:02
  Speaker 1: for the year's economy. And that, by the way, that
• 54:11
  Speaker 1: explains gold. You hold gold, you get no interest in
• 54:14
  Speaker 1: holding gold. You hold the government bond, you can get
• 54:17
  Speaker 1: four point six one. That's pretty good. That's pretty good
• 54:21
  Speaker 1: for a riskless asset. You can hold it for ten years,
• 54:25
  Speaker 1: not bad, so, you know, unless you think inflation is
• 54:30
  Speaker 1: going to be much higher than that. It's it's uh,
• 54:37
  Speaker 1: it's it's a high yield right now relative to the
• 54:40
  Speaker 1: to the past. All right, let's see Ice.
• 54:52
  Speaker 2: Ice.
• 54:54
  Speaker 1: Ice continues to harass them, you know, harass people all
• 54:57
  Speaker 1: across this country. You know. Videos continues to continue to
• 55:02
  Speaker 1: be released on on ICE misbehaving and not behaving like
• 55:08
  Speaker 1: a law abiding policing entity, but like a rogue paramilitary force.
• 55:15
  Speaker 1: And indeed, there are stories this morning, now again we
• 55:18
  Speaker 1: don't know the details, but there are stories this morning
• 55:21
  Speaker 1: coming on Maine, of all places, Bidfoot, Maine, that ICE
• 55:27
  Speaker 1: has killed another individual. This individual happens to be in
• 55:31
  Speaker 1: the country legally, you know, And and.
• 55:38
  Speaker 2: Let me see what was Yeah, he was.
• 55:42
  Speaker 1: In the country legally, had a work permit, had a
• 55:45
  Speaker 1: self security number, probably an asylum seeker, but okay, but legal.
• 55:51
  Speaker 1: Not not to be deported yet at least.
• 55:55
  Speaker 2: And yeah, so.
• 56:01
  Speaker 1: Hot to tell exactly, we don't know yet exactly what happened.
• 56:09
  Speaker 1: And you know, there is they're closing off the area.
• 56:13
  Speaker 1: They closed off the entire area with this particular event
• 56:17
  Speaker 1: seven to nine blocks were closed off.
• 56:22
  Speaker 2: But really it's hard to tell.
• 56:26
  Speaker 1: You know, here's a residents a ICE was active and
• 56:29
  Speaker 1: bitfourt in recent weeks. So people who live near the
• 56:32
  Speaker 1: location of Monday shooting said they had seen and heard
• 56:36
  Speaker 1: about increased ICE activity in recent weeks. Quote, they chased
• 56:39
  Speaker 1: down a bunch of guys working on a roof down
• 56:41
  Speaker 1: the street a week or two ago, said one of
• 56:44
  Speaker 1: the neighbors. They all ran. I saw one guy jump
• 56:47
  Speaker 1: off the roof to get away. They left all their
• 56:50
  Speaker 1: equipment on top of the roof. That's very productive. I've
• 56:55
  Speaker 1: seen them. I've seen the tinted blacks circling the bus
• 57:01
  Speaker 1: stop and looking for people. So they're basically profiling work
• 57:06
  Speaker 1: sites and bus stops, right. This is kind of how
• 57:10
  Speaker 1: they're targeting criminals in uh in Maine. And one of
• 57:16
  Speaker 1: the themes in many of that shootings is this is
• 57:18
  Speaker 1: the claiming that people are trying to run them over.
• 57:21
  Speaker 1: That suggests that ICE officers are putting their bodies in
• 57:25
  Speaker 1: front of operational vehicles.
• 57:29
  Speaker 2: This is a practice that.
• 57:33
  Speaker 1: Law enforcement says is dangerous and that offices in law
• 57:36
  Speaker 1: enforcement are told not to engage in. And it's it's
• 57:41
  Speaker 1: almost a way to manufacture a reason to shoot somebody.
• 57:49
  Speaker 1: So yeah, I mean, uh, again, don't know what happened,
• 57:59
  Speaker 1: but it's not good.
• 58:00
  Speaker 2: It's not good.
• 58:04
  Speaker 1: Yesterday there was another case I think in Houston. This
• 58:08
  Speaker 1: one was this one. Yeah, I'm not sure where this
• 58:16
  Speaker 1: one was anyway, there was another case yesterday supposedly it
• 58:20
  Speaker 1: hasn't got a lot of coverage. And his video on
• 58:23
  Speaker 1: this where you know, they break somebody's window, he drives
• 58:28
  Speaker 1: up and they shoot at a driving vehicle away. I
• 58:31
  Speaker 1: mean when they broke his window, they they were pointing
• 58:36
  Speaker 1: guns at him. Not clear why he didn't seem like
• 58:40
  Speaker 1: he was posing a threat to them at that point.
• 58:43
  Speaker 4: Uh.
• 58:43
  Speaker 1: And you're not supposed to fire at a escaping vehicle
• 58:47
  Speaker 1: unless you think that vehicle poses a danger, immediate threat
• 58:52
  Speaker 1: of death or serious physical injury to an officer to others.
• 58:57
  Speaker 1: And yet they did.
• 58:59
  Speaker 2: So well.
• 59:01
  Speaker 1: There are a lot of these stories coming out. It
• 59:04
  Speaker 1: just continues to be to be kind of scary. But
• 59:09
  Speaker 1: ice has not changed its ways since Minnesota. It's just
• 59:12
  Speaker 1: more diffused, so now we don't hear about it quite
• 59:15
  Speaker 1: as often, and they know not as many organized protests,
• 59:19
  Speaker 1: I guess, and it's not as much it's not front
• 59:22
  Speaker 1: page news anymore. But this stuff still happens. And because
• 59:30
  Speaker 1: Ice basically controls the scene, doesn't allow local law enforcement
• 59:35
  Speaker 1: in who knows, there's no objective, there's no objective means
• 59:41
  Speaker 1: of determining what happened. I don't trust the FBI, So
• 59:45
  Speaker 1: the only people you would trust here at local law enforcement,
• 59:47
  Speaker 1: and local law enforcement is being barred from the scene
• 59:51
  Speaker 1: and prevented from actually doing an investigation.
• 59:57
  Speaker 3: Right.
• 1:00:01
  Speaker 1: Seventeen seventy six, You remember seventeen seventy six. Seventeen seventy
• 1:00:05
  Speaker 1: six was the one point seven seven six billion dollar
• 1:00:07
  Speaker 1: slush fund that Trump agreed to as part of a
• 1:00:13
  Speaker 1: settlement with the IRS. So Trump sued DIRS, then settled
• 1:00:19
  Speaker 1: with the IRS to get one point seven seven six
• 1:00:22
  Speaker 1: billion slush fund to provide it for people who thought
• 1:00:26
  Speaker 1: that they were persecuted by the Biden administration. Da da
• 1:00:29
  Speaker 1: da da da da. Right. Anyway, JODD just been reviewing
• 1:00:33
  Speaker 1: all this, even though the administration claimed that it backed
• 1:00:36
  Speaker 1: out of it after the one case in which the
• 1:00:40
  Speaker 1: government people were really really upset at how blatantly and
• 1:00:44
  Speaker 1: equivocally corrupt this was. Remember, the agreement also specified that
• 1:00:48
  Speaker 1: Trump basically could never be charged for on irs offense
• 1:00:51
  Speaker 1: in his entire life.
• 1:00:58
  Speaker 2: So this is what the somewhat the judge wrote.
• 1:01:01
  Speaker 1: The parties are prohibited from referring to the quoted quote
• 1:01:04
  Speaker 1: settlement agreement or using, offering, admitting, or citing any of
• 1:01:08
  Speaker 1: its provisions in any judicial, administrative, regulatory arbitration, or any
• 1:01:13
  Speaker 1: other official proceedings as evidence of a quote settlement reached
• 1:01:17
  Speaker 1: in this matter. Plaintiffs means the name plaintive in this lawsuit,
• 1:01:23
  Speaker 1: which is a President Trump, Eric Trump, the Trumpet Organization
• 1:01:26
  Speaker 1: LC and includes any of all agents study the representatives
• 1:01:30
  Speaker 1: of them. Defendants means the Internal Revenue Department. Okay, let
• 1:01:38
  Speaker 1: me see what else did I want to right? So yeah,
• 1:01:47
  Speaker 1: I mean the judge was a pretty brutal here, basically
• 1:01:52
  Speaker 1: saying basically nullifying the settlement, and in a fifty six
• 1:01:59
  Speaker 1: paid Jorda he accused US District Judge, well, she just
• 1:02:06
  Speaker 1: Judge Kathleen Williams accused this so called settlement, you know,
• 1:02:13
  Speaker 1: an attempt to use the court to provide some legitimacy
• 1:02:17
  Speaker 1: to an agreement, to confer immunity to people in entities
• 1:02:20
  Speaker 1: affiliated with the president, and to bear mark billions of
• 1:02:24
  Speaker 1: dollars for American taxpayers to address grievances not defined in
• 1:02:29
  Speaker 1: the law. He affirmed that Trump is bound by the
• 1:02:34
  Speaker 1: rules of the court. The judge added, ensuring that our
• 1:02:39
  Speaker 1: courts are used only for the express purpose created by
• 1:02:42
  Speaker 1: the Constitution is the obligation of every judge and an
• 1:02:46
  Speaker 1: obligation that this court must discharge in light of the
• 1:02:49
  Speaker 1: matter before it. She bought the parties of the suit
• 1:02:53
  Speaker 1: from using offering. I read you that segment, you know,
• 1:03:01
  Speaker 1: she she basically said, she kind of hammered the Trump
• 1:03:08
  Speaker 1: Link attorneys. She referred to Trump's Florida based personal attorney.
• 1:03:16
  Speaker 2: You know, as you know, Uh, what exactly did she say?
• 1:03:22
  Speaker 1: For possible discipline because this is so outrageous another attorney
• 1:03:27
  Speaker 1: she also for discipline proceedings, and uh, you know, while
• 1:03:33
  Speaker 1: the court appreciated this is a quote from her. While
• 1:03:35
  Speaker 1: the court appreciates that attorney successfully transitioned between private practice
• 1:03:39
  Speaker 1: and government service, such transitions do not absolve counsel of
• 1:03:43
  Speaker 1: the ethical obligations. Williams noted that blanches and would have
• 1:03:49
  Speaker 1: former clients stood to benefit from the Purporter settlement and
• 1:03:53
  Speaker 1: at one point seventy seven six billion funded spawned. She quote. Indeed,
• 1:03:58
  Speaker 1: these two cases have been reference as quas quintessential anti
• 1:04:03
  Speaker 1: weaponization of law fair claims. Instead of either accusing because
• 1:04:08
  Speaker 1: of their previous representation of vigorously defending this lawsuit as
• 1:04:13
  Speaker 1: required to do so by DOJ policies and procedures, these
• 1:04:19
  Speaker 1: lawyers agreed to a settlement involving a staggering amount of
• 1:04:23
  Speaker 1: money potentially benefiting former clients.
• 1:04:30
  Speaker 2: So yeah, so the whole thing.
• 1:04:35
  Speaker 1: Is. She's thrown the whole thing out. She continues. Whether
• 1:04:46
  Speaker 1: the executive branch actors can privately agreed to give themselves
• 1:04:49
  Speaker 1: and their former clients blanket immunities and billions of dollars
• 1:04:53
  Speaker 1: in tax moneys for legally undefined agreemances was never an
• 1:04:58
  Speaker 1: issue advanced in this court. The question is whether the
• 1:05:01
  Speaker 1: parties could do so by claiming to be adverse and
• 1:05:05
  Speaker 1: engaging the legitimacy of a coute proceeding.
• 1:05:08
  Speaker 2: The answer is a sounding no.
• 1:05:11
  Speaker 1: The lead plaintive and the government are one a fully
• 1:05:15
  Speaker 1: realized unitary interest. So Trump an irs I either government.
• 1:05:19
  Speaker 1: That's one unit. You can't it's not adversarial, you can't settle.
• 1:05:23
  Speaker 1: There's no judiciary is still standing up to Trump. This
• 1:05:28
  Speaker 1: is good, and I doubt Trump will even appeals. I
• 1:05:33
  Speaker 1: doubt Trump willle Eaven appealus. This is such a slam down,
• 1:05:36
  Speaker 1: gets so obvious. I don't think you'll either do that,
• 1:05:40
  Speaker 1: all right. I remember when we made fun of this
• 1:05:44
  Speaker 1: show of Elizabeth Wahan claiming that Biden's inflation was greedy
• 1:05:50
  Speaker 1: grocery stores and all of that and that's what caused inflation.
• 1:05:55
  Speaker 1: And they she even came up with the term greedflation,
• 1:05:59
  Speaker 1: and I mean front of it and ridiculed it and
• 1:06:02
  Speaker 1: said how awful and stupid it was, and how you know, Yeah,
• 1:06:06
  Speaker 1: greed suddenly hit Coporate America at that point in time,
• 1:06:09
  Speaker 1: and of course there's no competition, so they all became
• 1:06:12
  Speaker 1: greedy at the same time and all together, and a
• 1:06:14
  Speaker 1: bunch of different things. And then when egg prices came down,
• 1:06:18
  Speaker 1: it turns out greed had just just disappeared from the
• 1:06:21
  Speaker 1: egg farming business, and it was just it was just ridiculous. Right. Well,
• 1:06:25
  Speaker 1: Donald Trump now is claiming exactly the same thing, and
• 1:06:28
  Speaker 1: he's putting pressure on companies to cut prices in order
• 1:06:32
  Speaker 1: to reduce quote inflation. He's piling pressure on US companies
• 1:06:36
  Speaker 1: to cut prices because of the war and particularly the
• 1:06:45
  Speaker 1: cost of fuel. So he's warn a big problem so
• 1:06:49
  Speaker 1: few retailers if they failed.
• 1:06:51
  Speaker 2: To slash prices.
• 1:06:53
  Speaker 1: And he recently took credit for a big program at
• 1:06:57
  Speaker 1: Walmart's a summer sale where they've discounted a bunch of
• 1:07:01
  Speaker 1: products in Walmart. And Trump took credit for that because
• 1:07:04
  Speaker 1: he's been bugging Walmart and other retailers to cut prices.
• 1:07:13
  Speaker 4: Uh.
• 1:07:15
  Speaker 1: One commentator says, it's quite ironic that a president to
• 1:07:18
  Speaker 1: us who has been touting free markets, he never really
• 1:07:21
  Speaker 1: has been touting free markets anyway, is actually taking on socialist,
• 1:07:26
  Speaker 1: hyper populist playbook and it's really alarming, scary stuff.
• 1:07:33
  Speaker 2: On Monday, Trump.
• 1:07:34
  Speaker 1: Posted on truth Social the Walmart, the country's leading retail
• 1:07:37
  Speaker 1: as slutch prices quote from Trump as my administrator, at
• 1:07:41
  Speaker 1: my administ my administration's request, and then he called them
• 1:07:45
  Speaker 1: competitors to quote follow the lead of these absolute patriots.
• 1:07:50
  Speaker 1: When Walmart actually announced the sale, they didn't mention Trump
• 1:07:54
  Speaker 1: or the administration. They just they just did it right.
• 1:07:59
  Speaker 1: We talked about the Freedom Fuel or something, a network
• 1:08:05
  Speaker 1: of retailers in the Pennsylvania area that are selling all
• 1:08:09
  Speaker 1: for lower than usual, and was hyped by Trump and
• 1:08:17
  Speaker 1: really this is This is Trump being desperate. He's trying
• 1:08:22
  Speaker 1: to draw bone people from reducing prices because he's desperate,
• 1:08:25
  Speaker 1: he sees what happens. He's afraid of a massive loss
• 1:08:29
  Speaker 1: in the in the midterm election driven by America's Americans,
• 1:08:36
  Speaker 1: you know, just just they hate inflation. Inflation is the
• 1:08:40
  Speaker 1: one thing people don't seem to be willing to forget, forgive.
• 1:08:43
  Speaker 2: It's why Biden lost. I mean he might have.
• 1:08:47
  Speaker 1: You know, Camala might have won if there was no inflation,
• 1:08:50
  Speaker 1: if people didn't blame the inflation on Biden. So it'll
• 1:09:00
  Speaker 1: be it'll be interesting. Uh, it'll be interesting to see
• 1:09:04
  Speaker 1: how this develops. But so far, Trump, like Elizabeth Wan,
• 1:09:10
  Speaker 1: is much more comfortable blaming business than he is is
• 1:09:13
  Speaker 1: actually looking at what the real cause of this is
• 1:09:16
  Speaker 1: and how to deal with it.
• 1:09:19
  Speaker 2: And he wants to show that he's doing something.
• 1:09:22
  Speaker 1: He's doing something forcing companies to cut their margins. By
• 1:09:29
  Speaker 1: the way, egg prices are still falling. So whatever whatever
• 1:09:33
  Speaker 1: was done to greed in the egg business, that needs
• 1:09:37
  Speaker 1: to be done to other in other industries.
• 1:09:39
  Speaker 2: I mean, we need to.
• 1:09:39
  Speaker 1: Get that greed. Suck suck the greed out of other industries,
• 1:09:43
  Speaker 1: just like we did just somehow bite and then Trump
• 1:09:47
  Speaker 1: because this decline, no, this decline started on Trump. So
• 1:09:51
  Speaker 1: this is all a decline on Trump's wash and Trump
• 1:09:54
  Speaker 1: has somehow managed to eviscerate greed in the in the
• 1:09:58
  Speaker 1: egg business. What actually happened, by the way, is that
• 1:10:02
  Speaker 1: a push to contain avian flu was what drove this
• 1:10:07
  Speaker 1: kind of a re dealing with avian flu and actually
• 1:10:12
  Speaker 1: a restocking of the of the amount of chickens laying eggs.
• 1:10:16
  Speaker 1: That's what got the price down, supply increase in supply.
• 1:10:25
  Speaker 2: Cronyism.
• 1:10:27
  Speaker 1: Just to read from this post from scots landsigam tabs
• 1:10:30
  Speaker 1: continue to be a lobbyist bonanza. More than one five
• 1:10:35
  Speaker 1: hundred companies have asked the Trump administration for exemptions from
• 1:10:40
  Speaker 1: forthcoming Section three oh one tariffs.
• 1:10:42
  Speaker 2: These are the taffs that are supposed to.
• 1:10:46
  Speaker 1: Replace the tariffs that the Supreme Court ruled is unconstitutional
• 1:10:52
  Speaker 1: that he had placed in So fifteen hundred companies have
• 1:10:56
  Speaker 1: now asked for exemptions from the tariffs. I wonder any
• 1:11:00
  Speaker 1: of those companies contributing to the ballroom or contributing to
• 1:11:02
  Speaker 1: some cause that Trump cares about, intel, you know, un
• 1:11:10
  Speaker 1: warpool to very Trump friendly companies are heavily lobbying for
• 1:11:17
  Speaker 1: tariff cuts for themselves, and Trump might give all the
• 1:11:23
  Speaker 1: fifteen hundred companies the tariff cut because he wants lower prices.
• 1:11:27
  Speaker 2: Even Trump knows.
• 1:11:29
  Speaker 1: Even Trump knows in some dark REases of his mind
• 1:11:34
  Speaker 1: that tariffs increased prices even though foreigners paid for it.
• 1:11:39
  Speaker 1: They somehow magically Nobody in economics can explain how it
• 1:11:42
  Speaker 1: happens increased prices in America as well. Tariffs cause prices
• 1:11:47
  Speaker 1: to increase. Here's the thing, though, we now just tolerate
• 1:11:56
  Speaker 1: corrupt politicians. I mean, nobody is surprised by the corneas.
• 1:12:00
  Speaker 1: Nobody seems to care about the Coroneism. The Coroneus is there,
• 1:12:04
  Speaker 1: and we just go, great, fine, that's fine, that's fine.
• 1:12:12
  Speaker 1: American is just want people who will do something. Paxton
• 1:12:16
  Speaker 1: in Texas mega. More broadly, here's what Einran wrote about
• 1:12:22
  Speaker 1: similar phenomena back in the Kennedy years, those mythical early
• 1:12:29
  Speaker 1: nineteen sixties.
• 1:12:32
  Speaker 2: Jeff Kennedy.
• 1:12:35
  Speaker 1: Voters for Jeff Kennedy are switching their support to George Wallace.
• 1:12:38
  Speaker 1: So this is in the later sixties. At a superficial glance,
• 1:12:43
  Speaker 1: this may appear to be a contradiction since these two
• 1:12:46
  Speaker 1: figures seem to represent exact opposites in their political views,
• 1:12:50
  Speaker 1: but in fact it is not a contradiction in terms
• 1:12:53
  Speaker 1: of fundamentals. Both Robert Kennedy this is Robert Kennedy and
• 1:12:58
  Speaker 1: George Wallace activists, men who propose and.
• 1:13:04
  Speaker 2: Clearly project the intention to take.
• 1:13:06
  Speaker 1: Direct action action by using physical force to solve problems
• 1:13:12
  Speaker 1: or to achieve unspecified goals. In this sense, both these
• 1:13:18
  Speaker 1: leaders are symptomatic of a country's intellectual and cultural disintegration,
• 1:13:23
  Speaker 1: of the ugly despair, which seizes people when disillusioned in
• 1:13:28
  Speaker 1: the power of ideas, abandoning reason, they seek.
• 1:13:33
  Speaker 2: Physical force as they last result. And that is.
• 1:13:38
  Speaker 1: So relevant to the world in which we live. It
• 1:13:39
  Speaker 1: explains Trump, It partially explains Trump. It explains you know,
• 1:13:44
  Speaker 1: people like Pakistan who are just thoroughly corrupt, and people
• 1:13:49
  Speaker 1: would just go with them.
• 1:13:50
  Speaker 2: Because they're action.
• 1:13:51
  Speaker 1: They're going to do something.
• 1:13:52
  Speaker 2: They're activists.
• 1:13:53
  Speaker 1: They want to they're going to get the left.
• 1:13:58
  Speaker 2: And how are they going to get the left?
• 1:13:59
  Speaker 1: How are they going to act by using government, by
• 1:14:01
  Speaker 1: using government force, by using a gun. Here's a headline
• 1:14:08
  Speaker 1: from a story in the Washington Post that's really good
• 1:14:11
  Speaker 1: talk about conyism, and well, I mean, this isn't codingism.
• 1:14:17
  Speaker 1: This is corruption and statism and socialism and all that's bad.
• 1:14:24
  Speaker 1: Here it is Trump attacks communists period communists. This is
• 1:14:29
  Speaker 1: he's attacking constantly the Democratic Party for being communists. And
• 1:14:33
  Speaker 1: then the next line is this is in the lasting post.
• 1:14:35
  Speaker 1: Mind you both won a bigger government role in the economy.
• 1:14:41
  Speaker 1: The president has had the federal government take partial ownership
• 1:14:45
  Speaker 1: of nearly two dozen companies since returning to the White House.
• 1:14:51
  Speaker 1: The article starts, President Donald Trump is warning of a
• 1:14:53
  Speaker 1: resurgent of communist menace as the Democratic Party shifts to
• 1:14:56
  Speaker 1: the left, invoking storical memories of terror, collectiveization of poverty
• 1:15:01
  Speaker 1: in a bid to rain regain voters support ahead of
• 1:15:05
  Speaker 1: the November congressional election. Right Yet, Trump's a version into
• 1:15:11
  Speaker 1: the heavy hands of the state has not kept him
• 1:15:14
  Speaker 1: from wielding it itself. The president has had the federal
• 1:15:18
  Speaker 1: government take partial ownership in nearly two dozen companies since
• 1:15:21
  Speaker 1: he returned to the White House, including shipmaker Intel and
• 1:15:24
  Speaker 1: MP Materials, and leading producer of rare earth minerals I.
• 1:15:29
  Speaker 1: Outside of war on financial crisis, Washington has never been
• 1:15:33
  Speaker 1: so eager to buy stakes in private companies. Critics warned
• 1:15:36
  Speaker 1: that state capitalism. State capitalism is a misnomer. There is
• 1:15:41
  Speaker 1: no such thing, right, it's an anti concept, but anyway,
• 1:15:45
  Speaker 1: critics warn that state capitalism is a recipe for cronyism, waste,
• 1:15:49
  Speaker 1: and inefficiency.
• 1:15:50
  Speaker 2: Yes, and much worse.
• 1:15:52
  Speaker 1: But some businesses are volunteering to partner with the government,
• 1:15:55
  Speaker 1: opening eye, which is eyeing an initial public offering later
• 1:15:58
  Speaker 1: this year.
• 1:16:00
  Speaker 2: This month offered to.
• 1:16:01
  Speaker 1: Give five percent Washington a five percent steak when it lists.
• 1:16:07
  Speaker 1: Steve Bannon is celebrating this. This is changing the Overton
• 1:16:11
  Speaker 1: window about the structure of the American economy and the
• 1:16:14
  Speaker 1: concentration of economic power. And he goes on to say
• 1:16:19
  Speaker 1: the future is populism, popularism on the right and populism
• 1:16:23
  Speaker 1: on the left. Scott Linscom writes or is quoted in
• 1:16:34
  Speaker 1: this article saying, quote, far from being a bulwark against
• 1:16:37
  Speaker 1: creeping American communism, Trump is laying the groundwork for more
• 1:16:41
  Speaker 1: of this in the future. The President himself has said
• 1:16:45
  Speaker 1: that he thinks it's very American to take these government
• 1:16:48
  Speaker 1: equity stakes based on what the country needs. It's almost
• 1:16:52
  Speaker 1: comical how much that sounds like seizing the means of
• 1:16:56
  Speaker 1: production or to each according to his needs. Good for
• 1:17:02
  Speaker 1: Scott Linsing, you know, uh so, uh yeah, I'm glad
• 1:17:13
  Speaker 1: to see even in their Washington Post a growing criticism
• 1:17:18
  Speaker 1: of the Trump administration's communist inclinations to uh to uh
• 1:17:25
  Speaker 1: you know, grab the means of production by the state,
• 1:17:29
  Speaker 1: by the state, right so uh yeah. And and the
• 1:17:38
  Speaker 1: reality is that they're making people support this, They're making
• 1:17:42
  Speaker 1: people are becoming more and more positive regarding a whole
• 1:17:45
  Speaker 1: slew of socialist policies. Right, all right, Finally we talked
• 1:18:00
  Speaker 1: a little bit about Ebola. Ebola spreading in Africa. It
• 1:18:06
  Speaker 1: is only getting worse.
• 1:18:08
  Speaker 4: Uh.
• 1:18:08
  Speaker 1: If you're really interested in this and more information about this,
• 1:18:12
  Speaker 1: check out Amous Adulgas substack. He reports regularly on the
• 1:18:17
  Speaker 1: progress of Ebola and other infixious diseases and potential pandemics
• 1:18:22
  Speaker 1: and things like that. Is substack is amazing. It's called
• 1:18:27
  Speaker 1: something Zebra, what's called tracking Zebra. And he has an
• 1:18:32
  Speaker 1: update on the Bola outbreak in Africa. So I was
• 1:18:38
  Speaker 1: just I was just going to update you guys on it.
• 1:18:42
  Speaker 1: Cases now said it around eighteen hundred with more than
• 1:18:44
  Speaker 1: six hundred deaths for case fatality ratio thirty four percent. This,
• 1:18:51
  Speaker 1: of course is an undercount. There are more cases out
• 1:18:54
  Speaker 1: there than the official numbers capture because testing still lags
• 1:18:58
  Speaker 1: even though it's improved. Some what we now have another
• 1:19:03
  Speaker 1: infected American humanitarian worker, uh some you know, he he
• 1:19:09
  Speaker 1: was infected in the Congo. Where they're going to send
• 1:19:13
  Speaker 1: him is a question. He's an American. Uh. There's a
• 1:19:15
  Speaker 1: special facility at Emory University at the hospital there designed
• 1:19:20
  Speaker 1: for ebola. But Trump does not want to bring anybody
• 1:19:24
  Speaker 1: with ebola into the United States, right, he refuses to
• 1:19:27
  Speaker 1: do it, even though there's no risk of contamination anyway,
• 1:19:32
  Speaker 1: So this guy is not being brought to the United
• 1:19:35
  Speaker 1: States even though he's an American. They're sending him to Germany.
• 1:19:39
  Speaker 1: Sending him to Germany. This disease is spreading to a
• 1:19:44
  Speaker 1: fifth province. Uh.
• 1:19:47
  Speaker 2: And uh, you know, it's.
• 1:19:49
  Speaker 1: It's it's it's Uh, it's probably spreading even further because again,
• 1:19:54
  Speaker 1: testing in these areas is very difficult because of these
• 1:19:58
  Speaker 1: all kind of what do you call civil war zones,
• 1:20:02
  Speaker 1: very violent areas. About one hundred and twelve health care
• 1:20:07
  Speaker 1: workers have been infected. Thirty two of them have died.
• 1:20:14
  Speaker 1: You know, it's hard to get in this part of Africa.
• 1:20:17
  Speaker 1: Hot to gat protective personal protective equipment to all the
• 1:20:23
  Speaker 1: healthcare workers that are in these places, and they tend
• 1:20:26
  Speaker 1: to be the canaries in the coal mine. Let's see
• 1:20:29
  Speaker 1: what else, you know, the whole thing is a failure.
• 1:20:32
  Speaker 1: As Amish describes that they have they have plenty of
• 1:20:37
  Speaker 1: time to prep for this. The last outbreak was twenty
• 1:20:39
  Speaker 1: eighteen to twenty twenty, and a lot of the guardrails
• 1:20:43
  Speaker 1: were loosened and this was allowed to grow much faster
• 1:20:49
  Speaker 1: than it should have right. The twenty fourteen to twenty
• 1:20:52
  Speaker 1: sixteen outbreak also saw the collapse of malaria control at
• 1:20:57
  Speaker 1: the same time, which resulted in more than ten thousand
• 1:21:00
  Speaker 1: people dying.
• 1:21:01
  Speaker 2: So malaria will kill more people than ebola.
• 1:21:04
  Speaker 1: But as you're fighting ebola, fewer nats, fewer safeguards against
• 1:21:10
  Speaker 1: against malaria are being implemented. Anyway, really tragic and avoidable,
• 1:21:18
  Speaker 1: but this is what happens in a part of the
• 1:21:23
  Speaker 1: world where people are dood poor, where there's no rule
• 1:21:26
  Speaker 1: of law, where there's there's no real governments, where there's anarchy, violence,
• 1:21:34
  Speaker 1: very difficult to operate, very difficult to communicate, very difficult
• 1:21:38
  Speaker 1: to get, you know, to to get procedures and health
• 1:21:41
  Speaker 1: workers up to speed. Now remember, and this is always important. Well,
• 1:21:48
  Speaker 1: this is a big outbreak and it's gonna have there's
• 1:21:51
  Speaker 1: gonna be a lot of victims, and it's going to
• 1:21:53
  Speaker 1: be one of the biggest outbreaks ever, maybe the biggest.
• 1:21:56
  Speaker 1: By the time it's finished. Bola is not going to
• 1:22:01
  Speaker 1: be a pandemic. It's not going to spread around the world.
• 1:22:06
  Speaker 1: It's very constrained in its ability to spread. It's deadly,
• 1:22:11
  Speaker 1: a very high percentage of people die if they get it,
• 1:22:15
  Speaker 1: but it's very difficult to spread. You need direct contact
• 1:22:20
  Speaker 1: with somebody's bodily liquids. And therefore, you know, there's very
• 1:22:28
  Speaker 1: little risk that just spreads globally. I mean, you might
• 1:22:31
  Speaker 1: get one or two here and there out of the region,
• 1:22:34
  Speaker 1: but unlikely, unlikely to spread beyond the tragedy that is
• 1:22:40
  Speaker 1: happening in Africa. All right, let's see a few human
• 1:22:49
  Speaker 1: achievements sections. Well, one of them is that Oxygen University
• 1:22:56
  Speaker 1: has already launched the first clinical trial of a vaccine
• 1:23:01
  Speaker 1: specifically targeted the strain every bola ravaging the Democratic Republic
• 1:23:07
  Speaker 1: of the Congo and Uganda right now. The initial trial
• 1:23:11
  Speaker 1: is going to take tests safety and immune response and
• 1:23:15
  Speaker 1: fifty adults. The manufacturing speed here has been very impressive.
• 1:23:23
  Speaker 1: The Serum Institute of India reportedly produced and stockpiled approximately
• 1:23:28
  Speaker 1: six hundred and twenty thousand candidate doses within two weeks.
• 1:23:33
  Speaker 1: Although the vaccine has not yet demonstrated ficcucing humans, it
• 1:23:37
  Speaker 1: is an example, you know, it's example of the kind
• 1:23:40
  Speaker 1: of infrastructure we have a place like India can ramp
• 1:23:43
  Speaker 1: up this production, you know, dramatically.
• 1:23:46
  Speaker 2: A lot of this infrastructure, by the way.
• 1:23:48
  Speaker 1: Was developed during COVID in order to produce COVID vaccines
• 1:23:54
  Speaker 1: over the world. This is kind of a weird story,
• 1:23:59
  Speaker 1: but interesting. Nonetheless, scientists have moved a step towards creating
• 1:24:05
  Speaker 1: human sperm from stem cells. So of course stem cells
• 1:24:10
  Speaker 1: cells that are cells human cells that have not yet
• 1:24:13
  Speaker 1: differentiated themselves into a particular type. And the idea, you know,
• 1:24:19
  Speaker 1: a lot of fields in medicine is to try to
• 1:24:22
  Speaker 1: get them to become the type of cell in a
• 1:24:27
  Speaker 1: sense that you need that you're missing. You know, I
• 1:24:30
  Speaker 1: have stem cells injected into my back to try to
• 1:24:34
  Speaker 1: recreate a disc There is you know, reasonable reason to
• 1:24:40
  Speaker 1: believe that they actually did that. That it's pretty cool. Anyway,
• 1:24:45
  Speaker 1: scientists are trying to turn human stem cells into sperm cells.
• 1:24:52
  Speaker 1: So they the researchers managed to generate immature human sperm
• 1:24:56
  Speaker 1: cells from stem cells and sustain their devel elopment using
• 1:25:00
  Speaker 1: tissue attached to a mouse's kidney. Now, the cells didn't
• 1:25:06
  Speaker 1: develop to a point where they could be used for reproduction,
• 1:25:10
  Speaker 1: but they made it. You know, this is the first
• 1:25:16
  Speaker 1: step towards that. Of course, there they're going to be
• 1:25:19
  Speaker 1: many safety and then they'll be quote supposed that ethical
• 1:25:22
  Speaker 1: considerations to take into account. But this really advances the
• 1:25:26
  Speaker 1: possibility of treating forms of male infertility that currently have
• 1:25:30
  Speaker 1: no solution by being able to create stemselves from you know,
• 1:25:36
  Speaker 1: creates sperm cells from stem cells, and you can get
• 1:25:39
  Speaker 1: stem cells from fat, you can get themselves from bone marrow,
• 1:25:43
  Speaker 1: you know, from an adult body. Let's see, I thought
• 1:25:49
  Speaker 1: there was another one.
• 1:25:50
  Speaker 2: All right, let's let's call that a day.
• 1:25:53
  Speaker 1: It's called that a day just because we're running late here,
• 1:25:58
  Speaker 1: although there are very few questions, so we're gonna this
• 1:26:00
  Speaker 1: is going to be short, but yeah, call it a day.
• 1:26:05
  Speaker 1: Thank you everybody. I appreciate you being here. This is
• 1:26:10
  Speaker 1: the news from Monday, July thirteenth. We'll now move to
• 1:26:14
  Speaker 1: our super Chat section of the show, where answer your questions.
• 1:26:20
  Speaker 1: I want to remind you all that this show is
• 1:26:22
  Speaker 1: supported through contributions of your support. Can't happen. The show
• 1:26:28
  Speaker 1: cannot happen, will not happen without that support. You can
• 1:26:32
  Speaker 1: support it right now, right here, if you're live on
• 1:26:35
  Speaker 1: YouTube at least by asking a question through super chat,
• 1:26:39
  Speaker 1: or by just doing a sticker, a sticker that just
• 1:26:42
  Speaker 1: represents the trade value for value with me, or you
• 1:26:45
  Speaker 1: can do it on Patreon by becoming a monthly supporter.
• 1:26:48
  Speaker 1: I love the Patreon part because then you know it's
• 1:26:51
  Speaker 1: predictable the amount of money, and then you can forget
• 1:26:54
  Speaker 1: about it. You don't have to listen to my monetary
• 1:26:58
  Speaker 1: asks because you've already given on on patreons. So please,
• 1:27:02
  Speaker 1: if you're listening to this and not live, check out
• 1:27:05
  Speaker 1: Patreon and go become a Monti contributor if you aren't
• 1:27:08
  Speaker 1: already so, and if you are, thank you for being one.
• 1:27:11
  Speaker 1: I want to remind you that I'm doing this documentary
• 1:27:15
  Speaker 1: and uh, and you can find out information about the documentary.
• 1:27:20
  Speaker 1: Let's just let me just find this because they've they've
• 1:27:23
  Speaker 1: now included on my website. There's a there's a place,
• 1:27:28
  Speaker 1: though I'm not sure how you get to it. Uh,
• 1:27:34
  Speaker 1: Tom h weird. That is okay, it's not there. One
• 1:27:46
  Speaker 1: second and I'll get you the info. Yeah. So, uh,
• 1:27:52
  Speaker 1: you go to your on bookshow dot com, your one
• 1:27:54
  Speaker 1: bookshow dot com.
• 1:27:55
  Speaker 2: Slash the Uh this.
• 1:27:59
  Speaker 1: Kind of slash the the the what do you call it?
• 1:28:04
  Speaker 1: Horizontal slash, the horizonal slash London horizonal slash documentary horizonal
• 1:28:09
  Speaker 1: slash project. Uh and uh. And that should get you
• 1:28:13
  Speaker 1: to a page where you can financially support the project.
• 1:28:17
  Speaker 1: This is a project. What we're going to make high
• 1:28:19
  Speaker 1: quality documentary style videos about about objectivism, about London, about
• 1:28:27
  Speaker 1: about capitalism, London and capitalism, London and Western civilization, London
• 1:28:31
  Speaker 1: and the Enlightenment, London and art and and the whole
• 1:28:36
  Speaker 1: idea is to create documentary styles that it's not an underscore,
• 1:28:40
  Speaker 1: not underscoore, it's a medium, right, what do you call that? Anyway?
• 1:28:47
  Speaker 2: So again it's it's it was it the London Documentary Project.
• 1:28:54
  Speaker 1: So the London documentary projects separated by slashes. You bookshow
• 1:29:00
  Speaker 1: dot com slash the London Documentary Project. So hopefully you
• 1:29:08
  Speaker 1: can find that and we're still short about you know,
• 1:29:13
  Speaker 1: not that much, not re mem much A couple of
• 1:29:16
  Speaker 1: people doing on a thousand dollars. I think we're there.
• 1:29:18
  Speaker 1: I don't have a complete update of the amount of
• 1:29:21
  Speaker 1: money that's come in, but we should be very very close.
• 1:29:25
  Speaker 1: So today might be today tomorrow might be your last
• 1:29:29
  Speaker 1: opportunity to actually support the show. To support this project. Remember,
• 1:29:35
  Speaker 1: a thousand dollars get you recognized as an executive producer.
• 1:29:38
  Speaker 1: I think five hundred dollars as an associate producer, so
• 1:29:42
  Speaker 1: everybody will recognized.
• 1:29:43
  Speaker 2: There.
• 1:29:43
  Speaker 1: Those would be some opportunities for one on ones, and yeah,
• 1:29:46
  Speaker 1: please consider doing that. And thank you to all the
• 1:29:49
  Speaker 1: people who've already supported the project. Really, I really really
• 1:29:53
  Speaker 1: appreciate that. Let me mind you the Defenders of Capitalism
• 1:30:00
  Speaker 1: dot com. Defenders of Capitalism dot com as the sponsor
• 1:30:03
  Speaker 1: of this show. It's a project of Michael Williams and myself.
• 1:30:06
  Speaker 1: I've worked with Michael on this and it is to
• 1:30:10
  Speaker 1: promote capitalism and promote the defensive capitalism, educate people about
• 1:30:13
  Speaker 1: capitalism both philosophically, politically economically. And you can check out
• 1:30:19
  Speaker 1: the website. It's got a ton of information on there,
• 1:30:22
  Speaker 1: and you can you can sign up for the newsletter
• 1:30:25
  Speaker 1: on the website. Also, i'man Institute is promoting its Confidence
• 1:30:33
  Speaker 1: in Austin, Texas and particularly for young people under thirty five.
• 1:30:39
  Speaker 2: Councilors young these days, well thirty five and under.
• 1:30:42
  Speaker 1: You can get a scholarship scholarship that even cover your
• 1:30:44
  Speaker 1: travel expenses, so very generous. Check out the confort check
• 1:30:47
  Speaker 1: out the Confidence again. It's at Iinman dot oak slash
• 1:30:51
  Speaker 1: ybs Ironman dot oak slash ybs and fill out the
• 1:30:54
  Speaker 1: application for a conference scholarship. The conference will have some
• 1:30:58
  Speaker 1: of leading teachers and objectivism talking about ideas and you'll
• 1:31:06
  Speaker 1: get to meet other students. You'll get to meet other objectivists.
• 1:31:08
  Speaker 1: It'll be a lot of fun. Austin in September eleventh
• 1:31:11
  Speaker 1: to thirteenth, eleven to thirteenth. All right, and finally, Alex Epstein.
• 1:31:17
  Speaker 1: Alex Epstein is the world authority, leading authority on all
• 1:31:22
  Speaker 1: things energy, all things environmental policy. Right now is big
• 1:31:27
  Speaker 1: campaign is about AI data centers. If you have any
• 1:31:30
  Speaker 1: questions about AI data centers, Alex is the guy. He
• 1:31:33
  Speaker 1: puts out talking points and blog posts a substack posts
• 1:31:37
  Speaker 1: and you'll learn a lot from him. So check out
• 1:31:39
  Speaker 1: Alex alex Epstein the substack dot com. All right, let's
• 1:31:45
  Speaker 1: jump in jump in here with this again. You know
• 1:31:51
  Speaker 1: we could use a little bit of help and get
• 1:31:52
  Speaker 1: into a target. Let me think a few of the stickers.
• 1:31:55
  Speaker 1: Johnny John, Thank you John? And who else did we
• 1:32:01
  Speaker 1: have here? We got Roland, and we got Mary Ellen,
• 1:32:04
  Speaker 1: and we have William and we got Exit. You too
• 1:32:09
  Speaker 1: can do a stick out. You can do one dollar.
• 1:32:10
  Speaker 1: Exit did a dollar? That's great, You can do a dollar.
• 1:32:13
  Speaker 1: You can do anywhere from a dollar to five hundred dollars.
• 1:32:16
  Speaker 1: Please consider doing something value for value in a trade
• 1:32:22
  Speaker 1: with me for this show, for the values you have received.
• 1:32:25
  Speaker 1: All right, chasbat quote from quote from Black at a three.
• 1:32:32
  Speaker 2: This is quote from Talbot buxol Me.
• 1:32:39
  Speaker 1: It matters not to me that there are bits of
• 1:32:42
  Speaker 1: lemon peel floating down the teams that would make better
• 1:32:47
  Speaker 1: regents than you, Prince George. But you're regent. I will
• 1:32:52
  Speaker 1: stand by you, no matter what did you get the insults.
• 1:32:58
  Speaker 1: It matters not to me that they are bits of
• 1:33:00
  Speaker 1: lemon peel floating down the teams that would make better
• 1:33:04
  Speaker 1: regents than you, Prince George. But you're regent. I will
• 1:33:09
  Speaker 1: stand by you, no matter what I think. This is
• 1:33:12
  Speaker 1: where is regard to Lindsay Graham and his attitude to Trump.
• 1:33:17
  Speaker 1: Thank you Chells about fifty dollars. Incredibly generous, Thank you,
• 1:33:21
  Speaker 1: thank you, Thank you.
• 1:33:23
  Speaker 2: Need a few more fifties, guys, Andrew.
• 1:33:26
  Speaker 1: While mulling an actor to play read in Daniel day
• 1:33:30
  Speaker 1: Lewis in his prime, I appreciate the character the most
• 1:33:35
  Speaker 1: complex of the heroes, steely, rational industrialist figure fighting the government,
• 1:33:41
  Speaker 1: and I think more importantly fighting in a conflict of
• 1:33:45
  Speaker 1: mind and body. Altruism and egoism, but mind and body
• 1:33:50
  Speaker 1: a real split. Yeah, I think is the most interesting dagony.
• 1:33:54
  Speaker 1: But ridden is the most interesting because he's the most conflicted.
• 1:33:59
  Speaker 1: He is the carrier, so the changes the most people say, oh,
• 1:34:03
  Speaker 1: character is a cardboard and they never changed during the novel.
• 1:34:06
  Speaker 1: Well that's blatantly false, and Realdon is evidence of that.
• 1:34:10
  Speaker 1: And I agree with you completely that that he is
• 1:34:15
  Speaker 1: an interesting character. Yeah, Daniel da Lewis could pretty much
• 1:34:17
  Speaker 1: play anybody and it would be he could be a
• 1:34:20
  Speaker 1: good reading. Maybe he's not as I I think of
• 1:34:25
  Speaker 1: Readon and as physically imposing. Maybe it's not quite that,
• 1:34:28
  Speaker 1: but maybe I'm wrong. I don't know. I don't I
• 1:34:31
  Speaker 1: don't think about characters playing characters, so I haven't really
• 1:34:35
  Speaker 1: put in much thought to it. But yes, I think
• 1:34:38
  Speaker 1: we'd an an incredibly interesting character. Jason, thank you for
• 1:34:42
  Speaker 1: the sticker. I appreciated. Uh time Knowle's Industrial Revolution video. Please,
• 1:34:51
  Speaker 1: I don't know what that is. What's Knowle's Industrial Revolution?
• 1:34:56
  Speaker 1: Is that something? I'm supposed to know something? What it is?
• 1:35:03
  Speaker 1: Let me google it. The term likely refers to the
• 1:35:09
  Speaker 1: landmark in nineteen twenty two economic history book The Industrial
• 1:35:13
  Speaker 1: and Commercial Revolution in Great Britain during the nineteenth Century,
• 1:35:16
  Speaker 1: written by pioneer British historian Knows. Yeah, I haven't read it.
• 1:35:25
  Speaker 1: I haven't read it in The Industry Revolution is a
• 1:35:27
  Speaker 1: great topics. It's something that. But there's a video of it.
• 1:35:33
  Speaker 1: I don't know what the video. I'll have to look
• 1:35:36
  Speaker 1: at the video. I'll have to check it out. I'll
• 1:35:39
  Speaker 1: check it out. I haven't seen that video, all right,
• 1:35:43
  Speaker 1: Harrison says. And I still have some reviews and showsbot
• 1:35:47
  Speaker 1: reviews and a bunch of review reviews.
• 1:35:50
  Speaker 2: I promise I will get to them.
• 1:35:52
  Speaker 1: Feed Rate Command's latest album, Visions of Machines, used a
• 1:35:57
  Speaker 1: new AI that seems to come up with much catchia,
• 1:36:01
  Speaker 1: more distinctive melodies. It's out now, cool cool, So check
• 1:36:05
  Speaker 1: out feed rate Command, feed rate Command. I got a
• 1:36:09
  Speaker 1: bunch of albums generated by Harrison plus AI time was
• 1:36:16
  Speaker 1: the nineteen eighties the best musical decade of all time?
• 1:36:20
  Speaker 1: I mean you might have a case if you think
• 1:36:22
  Speaker 1: of the eighteen eighties, even that I'd question because it's
• 1:36:27
  Speaker 1: probably the eighteen twenties.
• 1:36:28
  Speaker 2: But no, the eighties were awful.
• 1:36:31
  Speaker 1: I don't think it was musical best musical decade of
• 1:36:33
  Speaker 1: all time by any standards. It didn't have the best jazz,
• 1:36:37
  Speaker 1: it didn't have the best classical music, which you know,
• 1:36:40
  Speaker 1: classical music is the music in my view, and it
• 1:36:44
  Speaker 1: didn't didn't even have the best popular music. Oh, Michael knows,
• 1:36:50
  Speaker 1: that knows. Michael Knowles Industrial Evolution video. Please, yes, God,
• 1:36:56
  Speaker 1: I forgot all about it. I will be doing that
• 1:36:59
  Speaker 1: maybe tomorrow. That's a good one, Okay, I'll check it out.
• 1:37:03
  Speaker 1: So no, eighties, nothing good about the eighties into the music.
• 1:37:08
  Speaker 1: So no, I mean again, the best music is classical music,
• 1:37:11
  Speaker 1: in that the best of the classical music was done
• 1:37:14
  Speaker 1: between seventeen eighty and nineteen forty. I'm trying to capture
• 1:37:20
  Speaker 1: Ramaninov in that so, and there are few other good
• 1:37:24
  Speaker 1: composers through nineteen forty. So no, even in popular music,
• 1:37:30
  Speaker 1: the seventies were much better and the sixties were much better.
• 1:37:34
  Speaker 1: So if in popular music, I consider the seventies, but
• 1:37:40
  Speaker 1: you know, but what popular music there is a strong
• 1:37:43
  Speaker 1: bias towards the music you grew up on. Roman. How
• 1:37:48
  Speaker 1: much is a healthy amount of government debt? Zero zero
• 1:37:55
  Speaker 1: under twenty percent? The less the better. Why would you
• 1:37:59
  Speaker 1: have any government debt other than at a time of war?
• 1:38:02
  Speaker 1: But zero zero is the optimal goument should not be
• 1:38:06
  Speaker 1: borrowing money. The only time gument should borrow money is
• 1:38:08
  Speaker 1: during the time of war and then paid off as
• 1:38:09
  Speaker 1: quickly as possible afterwards. Roman thoughts on fiction fractional versus
• 1:38:16
  Speaker 1: four zero banking. Yeah, let the market decide, right, you know,
• 1:38:23
  Speaker 1: And I think the market would decide in fraction of
• 1:38:25
  Speaker 1: zero banking. It's how banking evolved. Faction of us of
• 1:38:28
  Speaker 1: banking did very, very well, except in the United States
• 1:38:31
  Speaker 1: for particular, specific regulatory reasons. There's nothing wrong with fraction
• 1:38:37
  Speaker 1: of zu banking in a completely free banking system, and
• 1:38:43
  Speaker 1: if there is something wrong with it, then the market
• 1:38:44
  Speaker 1: would stop having fraction of the banking, so let competition
• 1:38:49
  Speaker 1: determine it.
• 1:38:50
  Speaker 2: But competition is already determinate.
• 1:38:52
  Speaker 1: Faction of their banking is good, and some banks might
• 1:38:55
  Speaker 1: be for as the banks. Now, if you have deposit insurance,
• 1:39:00
  Speaker 1: if you have government regulations, then it makes sense that
• 1:39:03
  Speaker 1: forwards the banks. This is the point John Cochran makes.
• 1:39:07
  Speaker 1: But in a truly free market, the truly free market
• 1:39:10
  Speaker 1: would decide, and I believe it will decide unfactional. Time
• 1:39:17
  Speaker 1: before the Euro, did you see the German mark as
• 1:39:20
  Speaker 1: one of the world's strongest currencies or was it reputation
• 1:39:23
  Speaker 1: greater than its reality. No, it was very strong because
• 1:39:26
  Speaker 1: the Germans German central Bank was committed to a non
• 1:39:31
  Speaker 1: inflationary policy and it had stuck with it even as
• 1:39:37
  Speaker 1: inflation peaked all over Europe and all over the world.
• 1:39:39
  Speaker 1: Really in the nineteen seventies and early eighties, there was
• 1:39:42
  Speaker 1: very little inflation in Germany because its central bank was
• 1:39:47
  Speaker 1: so adamant about non inflating the currency. And the euro
• 1:39:53
  Speaker 1: had a relatively good reputation early on because it was
• 1:39:56
  Speaker 1: run by Germans and the belief was they would run
• 1:39:58
  Speaker 1: it like they had run the Bundesbank. Thank the Germans
• 1:40:01
  Speaker 1: central bank with no again with no, with no inflation.
• 1:40:08
  Speaker 1: But soon enough the French. The French became influential in
• 1:40:15
  Speaker 1: the Germans in the European Central Bank, and the Germans
• 1:40:20
  Speaker 1: couldn't couldn't keep up, all right, guys, Thank you, Thanks
• 1:40:28
  Speaker 1: to all the super chatters. I will see you guys
• 1:40:32
  Speaker 1: tomorrow for a show. Tomorrow's Tuesday, so there is a
• 1:40:37
  Speaker 1: game tomorrow, So Tomorrow show will be at seven pm.
• 1:40:41
  Speaker 1: Wednesday show will be at seven pm. So we will
• 1:40:43
  Speaker 1: have two shows at seven pm Tuesday and Wednesday, as
• 1:40:47
  Speaker 1: we all, I at least watch the semi final of
• 1:40:50
  Speaker 1: the World Cup. Looking forward to some great games starting
• 1:40:53
  Speaker 1: tomorrow with France Spain. Thank you guys, and I will
• 1:40:57
  Speaker 1: see you tomorrow. Bye everybody,