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AI Manifesto; Cards; Munitions; Gaza; C/Attacks; Economy; AirTraffic; Achievement | Yaron Brook Show · Yaron Brook Show

• 0:04
  Speaker 1: Fundamentals, principles. I'll do the read them lash little self
• 0:08
  Speaker 1: interest and the individual wats is the show? Oh right,
• 0:20
  Speaker 1: everybody welcome to run the show on this Monday, on
• 0:25
  Speaker 1: the tenth. I hope you guys had agreed again, no
• 0:29
  Speaker 1: show yesterday. I gave a talk here. I actually gave
• 0:33
  Speaker 1: a talk here in Lisbon last night on art, love
• 0:38
  Speaker 1: and the human spirit. So I'm hoping that we get
• 0:43
  Speaker 1: a recording of it. It will be I had actually
• 0:46
  Speaker 1: had PowerPoint slides. I never had power poem slides, So
• 0:48
  Speaker 1: we'll have the slides and maybe me in a little
• 0:50
  Speaker 1: corner speaking and so you can you can see the slides. Uh.
• 0:54
  Speaker 1: And I think the audio came out okay, a little
• 0:57
  Speaker 1: few glitches in the videos hopefully, but I don't think
• 0:59
  Speaker 1: that a big deal because you'll have the audio and
• 1:02
  Speaker 1: you'll have the slide. So I'm hoping to release that.
• 1:05
  Speaker 1: Who knows when somebody here is going to produce it
• 1:08
  Speaker 1: and try to try to make something of it, and
• 1:10
  Speaker 1: we'll put it out one of these days. It was
• 1:13
  Speaker 1: it was a it was a fun talk. So it's
• 1:17
  Speaker 1: a fun talk. I think some very positive, very uplifting uh,
• 1:24
  Speaker 1: all about all about kind of uplifting art and what
• 1:28
  Speaker 1: art can do to uplift you A good I think,
• 1:31
  Speaker 1: a good Q and A. So yeah, hopefully, hopefully we'll
• 1:35
  Speaker 1: have that soon and you'll be able to view it directly.
• 1:39
  Speaker 1: Uh reminded of that. On Friday, I did a show
• 1:42
  Speaker 1: on on The Odyssey, which I'd watched, so it was
• 1:46
  Speaker 1: a movie review. Feel fee to share that. It's not
• 1:52
  Speaker 1: very political, so you know, it might be something. There
• 1:55
  Speaker 1: might be a lot of people out there that have
• 1:57
  Speaker 1: watched The Odyssey and might find a review interesting. Getting
• 2:00
  Speaker 1: a lot of good comments on the review, a lot
• 2:03
  Speaker 1: of positives, So yeah, please feel free to share it
• 2:07
  Speaker 1: and get the word out there. Maybe we can get it,
• 2:09
  Speaker 1: Maybe we can get it to succeed in terms of
• 2:12
  Speaker 1: viewership above and beyond what my shows typically get to
• 2:15
  Speaker 1: because it's it's a different type of topic for me.
• 2:19
  Speaker 1: So yeah, need your help. Go out, share, share, share,
• 2:22
  Speaker 1: sha share. All right. I think that catches us up
• 2:29
  Speaker 1: one quick topic before we launch into the heart of
• 2:32
  Speaker 1: the show. We talked about On Thursday, we talked about
• 2:36
  Speaker 1: costs and maybe running for president. On Saturday, we talked
• 2:40
  Speaker 1: to Nicos about Jadi Vance and jd Vance's agenda and
• 2:45
  Speaker 1: Jadvance's philosophy and what him running for president would look like.
• 2:50
  Speaker 1: And I just wanted to give you my heads up.
• 2:53
  Speaker 1: I saw this tweet today that says a person close
• 2:57
  Speaker 1: to tuck Up says, you won't run against eight events,
• 3:01
  Speaker 1: but would run if Trump endorses Rubio. Right, So Tucka
• 3:11
  Speaker 1: is going to support j Evans if j Evans runs,
• 3:15
  Speaker 1: and if Jadvans is endorsed by Trump, which looks like
• 3:18
  Speaker 1: that's what's going to happen. And so it looks like
• 3:21
  Speaker 1: Jade Evans will get Trump support, We'll get Tucker's supports,
• 3:25
  Speaker 1: so we'll get kind of Mega or at least the
• 3:28
  Speaker 1: nutty Mega supports. And then the question is how many
• 3:31
  Speaker 1: Kenny attract independence Can he attract anybody else other than
• 3:37
  Speaker 1: crazy Mega? And I think that boils down to the
• 3:40
  Speaker 1: question of who the Democrats put up against him, because
• 3:43
  Speaker 1: I don't think j Evans can win against a centrist Democrat,
• 3:48
  Speaker 1: but yeah, you probably can win against some democratic socialist,
• 3:54
  Speaker 1: you know, America hating nutcase, which the Democrats might choose,
• 4:00
  Speaker 1: a denominee who knows right. All right, So today Mark
• 4:11
  Speaker 1: Zuckerberg published a sixty five hundred would artificial intelligence manifesto
• 4:20
  Speaker 1: titled the Future Is for Everyone, and so I thought
• 4:26
  Speaker 1: we talked a little bit about that because it's kind
• 4:29
  Speaker 1: of unique. It's unique as compared to what other AI
• 4:33
  Speaker 1: companies have put out there, and I think it's worth
• 4:36
  Speaker 1: talking about the future is for everyone. So, you know,
• 4:40
  Speaker 1: unlike most statements coming out of the AI industry and
• 4:44
  Speaker 1: Silicon Value today, it's not an apology for the technology.
• 4:49
  Speaker 1: It's not a doomsday scenario. It's not a you know,
• 4:57
  Speaker 1: let's dedicate this to the common interest in the public
• 4:59
  Speaker 1: good what ever. And and so it's it's different, and
• 5:08
  Speaker 1: you know, it's it's certainly not and this is a
• 5:11
  Speaker 1: big difference between it and what's coming out of anthropic
• 5:14
  Speaker 1: and open AI. It's not a demand for government to
• 5:17
  Speaker 1: save us, and that from from the people building the AI,
• 5:21
  Speaker 1: who are asking the government save us from us, save
• 5:24
  Speaker 1: the world from us. If you leave us alone, if
• 5:26
  Speaker 1: we just go out there and do our stuff, we
• 5:29
  Speaker 1: will cause the end of the world. So the government
• 5:31
  Speaker 1: has to step in to stop us. The sec about
• 5:34
  Speaker 1: says some things that I think are wrong about government
• 5:36
  Speaker 1: and about regulations, but he's not demanding the government save
• 5:42
  Speaker 1: us from him. So it's you know, it's it's mixed,
• 5:49
  Speaker 1: it's got a lot of bad stuff, but as compared
• 5:52
  Speaker 1: to anything else coming out of these guys, it's it's
• 5:56
  Speaker 1: really cool. It's not an exercise and doom. It's not
• 6:00
  Speaker 1: an exercising guilt. It's not an exercise and slow down.
• 6:06
  Speaker 1: Let's slow down and be very very careful. None of
• 6:09
  Speaker 1: that is in the manifesto, so I congratulate him. Zachot
• 6:14
  Speaker 1: actually does talk about liberty. He talks about free enterprise,
• 6:18
  Speaker 1: which is the safe word for you know that they
• 6:22
  Speaker 1: use if they want to talk about free markets and capitalism.
• 6:25
  Speaker 1: He talks about opening coore, abundance, abundance, invention, and individual empowerment.
• 6:33
  Speaker 1: A major American CEO has in the tech industry, has
• 6:38
  Speaker 1: an optimistic, positive vision about the future. And I know
• 6:42
  Speaker 1: a lot of you don't like Mike Zuckerbug, and there's
• 6:45
  Speaker 1: many reasons maybe not to like him, but God is comparison.
• 6:49
  Speaker 1: In comparison to the CEOs of open aye and anthropic,
• 6:53
  Speaker 1: this guy is relatively speaking a breath of fresher and rationality.
• 6:59
  Speaker 1: I mean, the central idea in the man at first though,
• 7:02
  Speaker 1: is basically right. The greatest promise of artificial intelligence is
• 7:08
  Speaker 1: not that a handful of institutions or the government are
• 7:11
  Speaker 1: going to manage society. That's a dystopia. And that's not
• 7:16
  Speaker 1: what's going to happen if we unless we force it
• 7:19
  Speaker 1: on ourselves. You know, the greatest promise of artificial intelligence
• 7:26
  Speaker 1: is that individuals are going to use it to become
• 7:28
  Speaker 1: more capable to learn, create, discover, build businesses, improve their health,
• 7:37
  Speaker 1: and pursue their own goals. Now, this is the right orientation,
• 7:42
  Speaker 1: even if some of the details he is getting wrong.
• 7:46
  Speaker 1: AIR shouldn't be conceived primarily is a mechanism for replacing people,
• 7:51
  Speaker 1: replacing jobs. It should be conceived as a tool that
• 7:56
  Speaker 1: expands what an individual can do. Activity enhancer, a mind enhancer,
• 8:03
  Speaker 1: an intelligence enhancer, not a replacer. Zuckerberg imagines every person
• 8:11
  Speaker 1: having an extraordinly capable personal agent AI agent, a tutor,
• 8:18
  Speaker 1: a research assistant, a business advisor, a health coach, a
• 8:22
  Speaker 1: create a partner. I love that vision for AI. It's
• 8:26
  Speaker 1: exactly how I see AI developing. I mean, I use
• 8:33
  Speaker 1: it in a way as a tutor teaches me stuff.
• 8:37
  Speaker 1: As a research assistant, it helps me put these new
• 8:40
  Speaker 1: shows together. And you know, I haven't yet used it
• 8:44
  Speaker 1: as a business advisor, but I might start taking some
• 8:47
  Speaker 1: marketing advice from it. You know, it can't do worse
• 8:53
  Speaker 1: than the marketers I've hired over the years to advise
• 8:57
  Speaker 1: your own bookshel So I'm going to try it. Zechogog
• 9:02
  Speaker 1: imagines individual starting companies without raising enormous amounts of capital
• 9:06
  Speaker 1: or assembling large organizations because they don't need to, because
• 9:13
  Speaker 1: AI will do a lot of the work, and AI
• 9:17
  Speaker 1: is cheap, much cheaper than what you would need if
• 9:23
  Speaker 1: you hire a bunch of people and installed a bunch
• 9:27
  Speaker 1: of equipment. He imagines scientists using AI to discover drugs,
• 9:31
  Speaker 1: entrepreneurs designing new products, small businesses operating on a scale
• 9:36
  Speaker 1: that previously was only possible for large businesses. This is
• 9:41
  Speaker 1: what technological progress does. It amplifies human ability again, it
• 9:47
  Speaker 1: doesn't replace human beings, and amplifies our productivity and amplifies abilities.
• 9:54
  Speaker 1: The steam engine amplified physical power, the computer amplified calculation,
• 10:00
  Speaker 1: the Internet amplified access to knowledge and communication. AI amplifies
• 10:07
  Speaker 1: certain aspects of cognition, the ability to analyze enormous amounts
• 10:12
  Speaker 1: of data, identify patterns, generate alternatives, and automate intellectual routines.
• 10:21
  Speaker 1: None of this diminishes the individual human being. It gives
• 10:27
  Speaker 1: the individual human mind more leverage to reshape reality. It
• 10:34
  Speaker 1: gives us leverage. And Zachabook makes another important point, The
• 10:40
  Speaker 1: principal value of AI will not be automation. It will
• 10:47
  Speaker 1: be invention. Now that distinction matters. Most of the public
• 10:53
  Speaker 1: discussion assumes that the amount of useful work in the
• 10:56
  Speaker 1: world is fixed. No, it's not. AI will perform that work.
• 11:03
  Speaker 1: People will become unnecessary, we are told, and then for
• 11:06
  Speaker 1: government must find some way to support all these economically
• 11:09
  Speaker 1: obsolete human beings. That is a major economic and conceptual
• 11:15
  Speaker 1: fallacy which zuckerbook does not follow prey to the fact
• 11:22
  Speaker 1: is human wants. Human wants and therefore human needs human
• 11:26
  Speaker 1: values are not fixed. The number of discoveries still be
• 11:32
  Speaker 1: made is not fixed. The number of diseases to be cured,
• 11:36
  Speaker 1: products to be created, experiences to be designed that's going
• 11:40
  Speaker 1: to be interesting, and problems to be solved is not fixed.
• 11:47
  Speaker 1: There's no fixed economic pie. There are no fixed you know,
• 11:52
  Speaker 1: human wants. There is certainly no fixed quantity of human
• 12:00
  Speaker 1: achievements or of human flourishing. Agricultural machinery eliminated most agricultural jobs.
• 12:09
  Speaker 1: It did not eliminate work. It liberated human beings, some
• 12:12
  Speaker 1: subsistence farming, subsistence farming, and made possible an explosion of industry, medicine, science, art, entertainment, travel,
• 12:21
  Speaker 1: and technology. AI will eliminate particular tasks. It will eliminate
• 12:30
  Speaker 1: some jobs. Good eliminated unnecessary labor is one of the
• 12:37
  Speaker 1: purposes of every technology. The standard shouldn't be how do
• 12:43
  Speaker 1: we preserve every existing job? The standards should be does
• 12:49
  Speaker 1: this technology allow us to produce more value, live better,
• 12:55
  Speaker 1: and pursuit possibilities that didn't exist before? Understandard, AI represents
• 13:02
  Speaker 1: an astonishing opportunity. It's an astonishment, it's an amazing technology.
• 13:09
  Speaker 1: And Zuckerberg is right to reject the idea that AI
• 13:12
  Speaker 1: must be controlled by one supposedly benevolent institution. Again, he's
• 13:18
  Speaker 1: arguing against his colleagues in the AI world. He recognizes
• 13:23
  Speaker 1: the danger of concentrating this technology in a government, a
• 13:26
  Speaker 1: government appointed committee, or a tiny group of experts claiming
• 13:32
  Speaker 1: to speak for humanity. And this is kind of the
• 13:35
  Speaker 1: nonprofit model motive, you know, mode of open AI and
• 13:38
  Speaker 1: the what is a public benefits corporation mode of of
• 13:44
  Speaker 1: anthropic It's not about profit, it's not about business. They
• 13:49
  Speaker 1: the smarter leech, should control AI for the benefit of
• 13:53
  Speaker 1: all of us. There's no committee qualified to decide the
• 13:58
  Speaker 1: goals of individuals, and by extension of mankind, individuals might
• 14:04
  Speaker 1: be fee to decide their wont goos use AI in
• 14:06
  Speaker 1: pursuit of their own values. That means competition, competition between
• 14:16
  Speaker 1: AI companies. It means open models, according to Zuckerberg. Right so, Zuckerburg,
• 14:25
  Speaker 1: one of the things he's promoting in this manifesto is
• 14:28
  Speaker 1: open source models. Is models that are not controlled from
• 14:32
  Speaker 1: but that users and intermediaries can change and can adapt.
• 14:40
  Speaker 1: So he wants more competition, open models, and it means
• 14:46
  Speaker 1: strong privacy protections with Zuckerberg is advocating for. It means
• 14:52
  Speaker 1: the ability to choose an AI that serves your purpose,
• 14:56
  Speaker 1: not one program to lecture you about the political values
• 14:59
  Speaker 1: of IT creators, which is a real risk today with
• 15:08
  Speaker 1: Toropic and Open the Eye and Grock You know. Zuckerberg
• 15:16
  Speaker 1: even criticizes models that impose the centralized dogma on users.
• 15:20
  Speaker 1: He argues that alignment should mean helping the user pursue
• 15:25
  Speaker 1: his goals within legitimate legal boundaries, of course, rather than
• 15:31
  Speaker 1: forcing every user to conform to the ideology of the
• 15:35
  Speaker 1: AI company and its chief philosophy officer. And this is
• 15:41
  Speaker 1: all basically good stuff. Again not perfect, but it's all
• 15:44
  Speaker 1: good stuff coming out of out of Zuckerberg. Sadly it
• 15:51
  Speaker 1: Then he then you know, gets confused, right, I mean,
• 15:56
  Speaker 1: he like most of these people can't think in principle,
• 16:00
  Speaker 1: and they don't understand a lot of the a lot
• 16:03
  Speaker 1: of the concepts that they're really dealing with. So, you know,
• 16:10
  Speaker 1: he describes freedom in the in the manifesto primarily is
• 16:14
  Speaker 1: kind of a balance of power. You want to give
• 16:18
  Speaker 1: a it to everyone, he argues, so the different people, companies, institutions,
• 16:22
  Speaker 1: and governments are going to check each other. Freedom is
• 16:27
  Speaker 1: not about a balance of power, although political feedom requires
• 16:31
  Speaker 1: a balance of power and checks and balances to constrain
• 16:35
  Speaker 1: the power the political power the political entities have. But
• 16:42
  Speaker 1: AI is primarily and economic power issue. Freedom at the
• 16:46
  Speaker 1: end of the day is the protection of individual rights
• 16:48
  Speaker 1: and somehow some and in the context of political power
• 16:52
  Speaker 1: it needs checks and balances. But a market is not
• 16:58
  Speaker 1: a battlefield which competing power centers hold one another in check,
• 17:04
  Speaker 1: and market is a system of voluntary exchange. A business
• 17:08
  Speaker 1: has economic power only in a sense it has created
• 17:11
  Speaker 1: something people want to buy. Governance political power, the power
• 17:16
  Speaker 1: to compel, the power to prohibit, fine in prison and
• 17:20
  Speaker 1: ultimately use physical force. So yes, political power and economic
• 17:25
  Speaker 1: power are very different. One is coasion, one is and force.
• 17:29
  Speaker 1: The other is volunteery exchange mutually beneficial exchange. So they're
• 17:38
  Speaker 1: not the same. If one AA company becomes dominant because
• 17:42
  Speaker 1: it produces the best model at the best price, that
• 17:45
  Speaker 1: does not make it a dictatorship. Consumers remain free to
• 17:49
  Speaker 1: use it, reject it, or finance a competitor. But if
• 17:53
  Speaker 1: government controls AI, if it licenses models, dictates acceptable answers,
• 17:58
  Speaker 1: restricts access, or demands private use information, that is cousion.
• 18:08
  Speaker 1: The central distinction is not concentrated power versus distributed power.
• 18:14
  Speaker 1: It is voluntary production versus coursive control. And Zuckerberg undermines
• 18:21
  Speaker 1: his own argument when he proposes extremely close collaboration between
• 18:25
  Speaker 1: AI companies and government. He wants Frontia Labs to give
• 18:29
  Speaker 1: government early access to developing models, intermediate training, checkpoints, and
• 18:34
  Speaker 1: technical personnel. Think about the contradiction. We're told that concentrated
• 18:40
  Speaker 1: air power is dangerous, and they told the government should
• 18:44
  Speaker 1: receive the most powerful models before the rest of us do. Now,
• 18:51
  Speaker 1: if you're worried about surveillance, censorship, centralized control, give me
• 18:56
  Speaker 1: government privilege, privileged access to frontier is not the solution.
• 19:03
  Speaker 1: Government is the one institution with the legal power to
• 19:06
  Speaker 1: force matter, to act, to demand information, and to punish
• 19:12
  Speaker 1: users citizens. Now, there may be legitimate national and they
• 19:19
  Speaker 1: are legitimate national security reasons to work with government on
• 19:22
  Speaker 1: specific threats cyber attacks, hostile regimes, biological weapons, and maybe
• 19:29
  Speaker 1: lots of others that need to be thought through and
• 19:32
  Speaker 1: need to be analyzed and thought about. But that corporation
• 19:37
  Speaker 1: has to be narrowly defined and constrained by objective laws.
• 19:42
  Speaker 1: It cannot become an informal partnership between big tech and
• 19:45
  Speaker 1: Washington in which government gains access, influence, and capabilities unavailable
• 19:50
  Speaker 1: to ordinary citizens. I mean, but this is exactly what
• 19:54
  Speaker 1: people like Bernie Sanders, Donald Trump or many people within
• 19:57
  Speaker 1: Trump administration are demanding and what open the eye and
• 20:01
  Speaker 1: anthropic urging AI companies to engage in. And now unfortunately
• 20:06
  Speaker 1: zuckerboog is too. We've already seen what happens when government
• 20:13
  Speaker 1: officials pressure social media companies to suppress speech. Right, remember
• 20:20
  Speaker 1: that COVID I mean matter of all companies should understand
• 20:25
  Speaker 1: that danger. The protection against government tyranny is not a
• 20:31
  Speaker 1: vague balance of power. It should be a government constitutionally
• 20:36
  Speaker 1: limited to protect individual rights. It is encryption, property rights,
• 20:41
  Speaker 1: warrants based on evidence you process, and objective laws against
• 20:47
  Speaker 1: actual threats and actual use of force. Now there's another
• 20:58
  Speaker 1: troubling note in the manifesto. Zacoba says, there's no objective
• 21:03
  Speaker 1: answer to what constitutes the best life. Now this is
• 21:08
  Speaker 1: not true now, not in the because, not in the
• 21:11
  Speaker 1: details that each individual's might choose for himself, But in
• 21:16
  Speaker 1: the principles, absolutely there is. I mean, it's trueness that
• 21:23
  Speaker 1: you know what zuckerber suggesting, the government should not impose
• 21:26
  Speaker 1: a particular life upon us. But the reason is not
• 21:30
  Speaker 1: that every conception of life is equally valid. The reason
• 21:33
  Speaker 1: is that individual was used must use his own rational
• 21:38
  Speaker 1: judgment to discover and pursue the values his life requires.
• 21:45
  Speaker 1: There is an objective difference between creation and destruction, knowledge
• 21:49
  Speaker 1: and ignorance, independence and obedience, productiveness and being a parasite.
• 21:56
  Speaker 1: The whole optimistic vision of the manifesto depends upon these
• 22:01
  Speaker 1: kind of distinctions. Why celebrate invention if invention is not
• 22:06
  Speaker 1: objectively better than stagnation. White pais prosperity, if prosperity is
• 22:10
  Speaker 1: merely one arbitrary preference among many White defend individual empowerment.
• 22:16
  Speaker 1: If liberty is not objectively superior to dictatorship. The ze
• 22:20
  Speaker 1: of the best arguments depend upon values that his own
• 22:24
  Speaker 1: philosophical relativism can't defend it. Finally, I'm an easy with
• 22:31
  Speaker 1: the repeated insistence in this manifesto the data centers have
• 22:36
  Speaker 1: to prove that they benefit quote the community. MANDA is
• 22:41
  Speaker 1: now promising jobs, teacher bonuses, infrastructure spending, cheap energy, and
• 22:45
  Speaker 1: a billion dollar community fund for all the communities in
• 22:53
  Speaker 1: the vicinity of data centers that it builds. Now, there's
• 22:56
  Speaker 1: nothing wrong with the company voluntarily making these kind of investments.
• 23:00
  Speaker 1: They may be, this might be small business, but we
• 23:05
  Speaker 1: should reject the premise that are producer must purchase permission
• 23:08
  Speaker 1: from the community to exist. Data center already exists. Data
• 23:15
  Speaker 1: center already benefits people by producing a valuable service, buying land,
• 23:23
  Speaker 1: paying employees, purchasing electricity, contracting with suppliers, and paying taxes
• 23:32
  Speaker 1: to the extent that taxes are used productively. It should
• 23:35
  Speaker 1: not have to prove that every pressure group receives a
• 23:38
  Speaker 1: special benefit. The proper question is simple, is matter respecting
• 23:44
  Speaker 1: the rights of its neighbors. If it is, it should
• 23:46
  Speaker 1: be free to build. If it causes demonstratable harm to
• 23:51
  Speaker 1: someone's property, it should be held responsible under objective law. Still,
• 24:00
  Speaker 1: you know, taking as a whole the manifesto, I think
• 24:03
  Speaker 1: is a positive at a moment where so many people
• 24:07
  Speaker 1: are terrified, a progress when politicians want permission, slips for
• 24:12
  Speaker 1: innovation and intellectuals tell us that human beings are about
• 24:16
  Speaker 1: to become useless or dead. One of the world's most
• 24:20
  Speaker 1: important technology companies is declaring that AI should serve individual aspiration, invention, entrepreneurship, privacy,
• 24:29
  Speaker 1: and abundance. Now that's worth applotting. But MADA must follow
• 24:36
  Speaker 1: its best insight all the way. AI should not belong
• 24:41
  Speaker 1: to everyone in some collective, collectivized sense. It should belong
• 24:45
  Speaker 1: to the individuals and companies who create it, and it
• 24:47
  Speaker 1: should be available to others through voluntary exchange. People do
• 24:52
  Speaker 1: not need an equal allotment of intelligence or compute. They
• 24:56
  Speaker 1: need freedom, the freedom to build by experiment, compete, fail
• 25:02
  Speaker 1: and succeed. The future will not be created by humanity
• 25:08
  Speaker 1: as one collective consciousness. There is no such thing. It'll
• 25:14
  Speaker 1: be created by particularly individuals, scientists, engineers, entrepreneurs, artists, inventors, investors,
• 25:21
  Speaker 1: and millions of ambitious people millions, billions, white millions, billions
• 25:26
  Speaker 1: of ambitious people using these new tools to pursue their
• 25:31
  Speaker 1: own visions to an extent unimaginable in the past. That
• 25:37
  Speaker 1: is what AI makes possible, dreaming unimaginable dreams, making them
• 25:43
  Speaker 1: a reality, and doing so anybody. The ability to do
• 25:48
  Speaker 1: so now exists for anybody anyway, at a pretty low cost.
• 25:57
  Speaker 1: So you know, I, anybody who's excited by AI gets
• 26:03
  Speaker 1: the thumbs up from me. The great promise every EI
• 26:06
  Speaker 1: is not that a super intelligence is going to take
• 26:08
  Speaker 1: care of us or that will get UBI. Finally, it's
• 26:13
  Speaker 1: a fee human beings armed with unprecedented tools will be
• 26:19
  Speaker 1: able to treat achieve more than they've ever achieved before.
• 26:25
  Speaker 1: That is the future we're fighting for. And it would
• 26:28
  Speaker 1: be great if we had some of these tech guys
• 26:31
  Speaker 1: on outside. And maybe this is a small step for
• 26:35
  Speaker 1: Zuckerbrook to take in the right direction, and maybe others
• 26:39
  Speaker 1: would follow. Maybe he will get better, But yeah, we
• 26:44
  Speaker 1: need more positive views about the potential the possibilities of
• 26:53
  Speaker 1: AI and good for zuckerbook. You know, it's not often
• 27:00
  Speaker 1: we have reason to compliment Mike Mark Zuckerberg. But good fame,
• 27:06
  Speaker 1: good fame for taking a stand here on the A
• 27:10
  Speaker 1: on AI. I encourage you to read the AI Manifesto.
• 27:19
  Speaker 1: All right, I thought i'd start today with some good news.
• 27:22
  Speaker 1: That was good news, right, So people have asked me
• 27:24
  Speaker 1: to start with good news and to end with good news.
• 27:26
  Speaker 1: So that was the start, and then we'll have an
• 27:27
  Speaker 1: ending for the good news. But now now, unfortunately, we
• 27:30
  Speaker 1: have to move to the to the kind of not
• 27:33
  Speaker 1: so good news. Ah. So last week Jersey sext Day,
• 27:45
  Speaker 1: Scott Bassett wents on CNBC to say that a deal
• 27:49
  Speaker 1: would be announced later that day to reopen the strait
• 27:51
  Speaker 1: of Homos, and the stock market celebrated, jumped, went way up,
• 27:59
  Speaker 1: and yet there was no ill far from it. And
• 28:04
  Speaker 1: in the whole week rumors is their deal? A deal
• 28:06
  Speaker 1: is at And then on Saturday, the Secretary of Yuan's
• 28:13
  Speaker 1: Supreme National Council laid out Iran's latest conditions for reopening
• 28:19
  Speaker 1: the straight Here's what they include. I mean, I laughed,
• 28:23
  Speaker 1: because you have to laugh. The us permanently ending the war,
• 28:30
  Speaker 1: lifting its naval blockade, withdrawing forces from the region, ending
• 28:37
  Speaker 1: all sanctions, all of them, freeing Iran's foes and assets,
• 28:42
  Speaker 1: the payment of war reparations. IWON wants reparations for all
• 28:47
  Speaker 1: the damage to US has caused, ending threats and insults,
• 28:53
  Speaker 1: and a bunch of other things. You know, at this point,
• 29:02
  Speaker 1: when it is reminded of when Trump met with Zelenski,
• 29:07
  Speaker 1: you know, where was it last year? Early last year,
• 29:10
  Speaker 1: and he basically told Zelenski, Putin has all the cards.
• 29:13
  Speaker 1: You have no cards, you have no cards. Well, it
• 29:21
  Speaker 1: turns out that the Iranians believe, at this point, given
• 29:26
  Speaker 1: Trump's behavior, that they have all the cards, that Trump
• 29:31
  Speaker 1: has no cause. America is not going to go to war.
• 29:36
  Speaker 1: America is unwilling or and maybe this is the case,
• 29:41
  Speaker 1: given that we've you know, the the argument that we've
• 29:44
  Speaker 1: used up all ammunitions is incapable of opening the straight
• 29:47
  Speaker 1: of foremost militarily, that the United States is either unwilling
• 29:51
  Speaker 1: or incapable of actually achieving regime change, that the costs
• 30:00
  Speaker 1: that the Iranians can inflict on their neighbors, US allies,
• 30:06
  Speaker 1: and on American bases in the Middle East are so
• 30:09
  Speaker 1: high supposedly that the US is not able or willing
• 30:14
  Speaker 1: to do anything about it. And indeed, this weekend there
• 30:21
  Speaker 1: was reports out of the White House that Trump was
• 30:24
  Speaker 1: considering just basically leaving or you know, letting the Iranians
• 30:31
  Speaker 1: manage this strait and the US just leaving, no nuclear deal,
• 30:36
  Speaker 1: no deal with you on just just ignoring you on
• 30:39
  Speaker 1: just leaving. You know. It's it's you keep thinking. I
• 30:49
  Speaker 1: keep thinking, not you. I keep thinking, you can't get
• 30:51
  Speaker 1: any worse, and then it seems to get worse every
• 30:55
  Speaker 1: single day. I thought we'd already surrendered or were defeated
• 31:00
  Speaker 1: weeks ago, and it turns out now there's more surrending
• 31:03
  Speaker 1: and more being defeated to go again. So I suppose
• 31:08
  Speaker 1: that Donald Trump has privately told senior aides that he
• 31:11
  Speaker 1: may be willing to end the war if Tehran fully
• 31:13
  Speaker 1: reopens the Straight of Homos, even without securing a nuclear agreement. Now,
• 31:19
  Speaker 1: remember that was the reason for the war. Straight of
• 31:21
  Speaker 1: Homos were opened before the war started. So Iran gets
• 31:28
  Speaker 1: everything it had before, plus control over the strait and
• 31:32
  Speaker 1: the knowledge that the United States will not open them
• 31:35
  Speaker 1: and not do anything about opening. Now, I think that
• 31:46
  Speaker 1: as always Andrew Fox I think wrote a really good,
• 31:50
  Speaker 1: really good blog post on this substack, on this tighter.
• 31:55
  Speaker 1: The Iran war outcome is even worse than most realized.
• 32:00
  Speaker 1: Right Washington may emerge with the shipping lane restored and
• 32:05
  Speaker 1: every original strategic danger made worse. And I think that's right.
• 32:13
  Speaker 1: I think that's absolutely right. Right now, there are no
• 32:17
  Speaker 1: direct talks between Iran and the United States. Remember, Iran's
• 32:25
  Speaker 1: nuclear program was the central justification for the war. This
• 32:27
  Speaker 1: was from the article by fox feedom of navigation only
• 32:32
  Speaker 1: became an essential objective once Tehran closed the straight and
• 32:36
  Speaker 1: attacked commercial shipping. And I'll add and he always did
• 32:39
  Speaker 1: nothing about that, zero zilch nada. I told you that
• 32:44
  Speaker 1: less than a week into the war. Trump is reportedly
• 32:47
  Speaker 1: prepared to leave the nuclear question unresolved in return for
• 32:51
  Speaker 1: Iran's concession, so Washington would just leave. Now you know,
• 33:02
  Speaker 1: Radar sites are being destroyed, missile bases created, generals killed, factories,
• 33:08
  Speaker 1: burning satellite images so expressive of Western ordinances, landing exactly
• 33:14
  Speaker 1: where it was aimed. I mean, we are good at
• 33:16
  Speaker 1: precision warfare, and that's all true. But the reality is
• 33:24
  Speaker 1: that five months after the campaign began, Iron's enriched uranium
• 33:27
  Speaker 1: is unaccounted for. We still don't know where it is.
• 33:31
  Speaker 1: Its surviving strikeforce can still terrorize the neighborhood, and its
• 33:36
  Speaker 1: grippin homos has forced Trump to contemplate abandoning the original
• 33:40
  Speaker 1: purpose of the war. Four thou Nanats and Istafon were
• 33:45
  Speaker 1: hid in twenty twenty five. Further facilities were struck this year.
• 33:49
  Speaker 1: Centifuges were wrecked and years of costly work were reduced
• 33:53
  Speaker 1: to rubble. However, the damage did not secure the stockpile.
• 33:58
  Speaker 1: According to that i AA February report, they estimate that
• 34:03
  Speaker 1: Iran held four hundred and forty point nine kilograms of
• 34:06
  Speaker 1: uranium enriched the sixty percent in June twenty twenty five,
• 34:10
  Speaker 1: of which four hundred and thirty two point nine kilograms
• 34:13
  Speaker 1: had been verified. That was enough under its yard stakes
• 34:17
  Speaker 1: the IaaS to yield weapons grade material for roughly ten
• 34:22
  Speaker 1: bombs if enriched. Further, the agency still cannot establish the
• 34:27
  Speaker 1: stock past current size, compositions or whereabouts. And you know this,
• 34:35
  Speaker 1: this is a mass of failure. Remember that in June
• 34:40
  Speaker 1: of last year, after the B two's bombed the nuclear sites,
• 34:46
  Speaker 1: Trump said, yeah, it was the end of the Iran's
• 34:48
  Speaker 1: nuclear program. Well, that turns out to be completely false.
• 34:54
  Speaker 1: According to use intelligence, you know, the new war barely
• 34:59
  Speaker 1: alter Iran's nuclear timetable. Tehran remains perhaps nine to twelve
• 35:05
  Speaker 1: months away from building a weapon. If its leaders decided
• 35:08
  Speaker 1: to do it, they would have to get sent to fugures.
• 35:12
  Speaker 1: Maybe some survived some way deep, and they would. You know,
• 35:15
  Speaker 1: they were probably weeks away before the June bombing. Now
• 35:20
  Speaker 1: the nine to ten months away, nine to twelve months
• 35:22
  Speaker 1: away if onmer US intelligence official described a problem with
• 35:27
  Speaker 1: admirable bluntness. According to Fox, as far as anyone knows,
• 35:34
  Speaker 1: Iran retained the material after the attacks, probably buried where
• 35:38
  Speaker 1: conventional use munitions cannot reach it. Their campaign failed to
• 35:42
  Speaker 1: secure the stockpile. Inspectors cannot account for it, for all
• 35:46
  Speaker 1: of it, and Iran has learned something really really valuable,
• 35:52
  Speaker 1: much more valuable than a few facilities. The world's strongest
• 35:57
  Speaker 1: military and the region's most keepal air force launched an
• 36:01
  Speaker 1: extraordinary weight of fire at the program and failed to
• 36:05
  Speaker 1: remove the material. The knowledge or the possibility of reconstruction,
• 36:11
  Speaker 1: I'm not sure if you've left Israel alone, they couldn't
• 36:15
  Speaker 1: have done all those things, but they didn't, and partially
• 36:18
  Speaker 1: because the United States wouldn't let it. America plainly retains
• 36:22
  Speaker 1: further destructive options, including mobomba sotees and operations carried carrying
• 36:29
  Speaker 1: for greater risk, like putting troops on the ground and
• 36:32
  Speaker 1: getting the stuff. But the problem is its usable conventional
• 36:37
  Speaker 1: margin has been exposed. By August. The US Army it
• 36:43
  Speaker 1: expanded virtually all its available at coms and precisions strikes missiles. Well,
• 36:49
  Speaker 1: why that campaign has consumed about sixty five percent of
• 36:52
  Speaker 1: the US Patriot interceptors and at least thirty five thirty
• 36:56
  Speaker 1: eight percent of its THAD stocks and nearly half of
• 37:00
  Speaker 1: a Tomahawks. I mean, if you're the IOGC, you know,
• 37:10
  Speaker 1: remaining a threshold state brought air strikes, decapitating the tacks,
• 37:14
  Speaker 1: a blockade, an open invitation to revolt. And you survived
• 37:18
  Speaker 1: all of that. You survived all of it. And now
• 37:22
  Speaker 1: a nuclear weapon carries real brutal logic, right strategic logic.
• 37:28
  Speaker 1: It would be an insurance for the regime and a
• 37:30
  Speaker 1: means of closing Isoe's window for another preemptive war. Uran's
• 37:35
  Speaker 1: hardlineers already speaking publicly about leaving the Non Proliferation Treaty
• 37:40
  Speaker 1: and building or quiring about the road they are studying
• 37:44
  Speaker 1: leads toward peong pang i e North Korea, not towards
• 37:48
  Speaker 1: Triple You remember Gadaffi gave up his nuclear ambitions. Now
• 37:56
  Speaker 1: again the MISSOUF pictures only marginally better. Uran's not publicly
• 38:01
  Speaker 1: demonstrated operational intercontinental ballistic missiles, right, it hasn't shown that
• 38:12
  Speaker 1: it's capable of doing that, But it retains thousands of
• 38:16
  Speaker 1: ballistic missiles and could develop an ICBM. Why not it
• 38:22
  Speaker 1: contain it still has thousands of cruise missiles, some capable
• 38:25
  Speaker 1: of reaching Israel, the Gulf, and parts of Europe, while
• 38:29
  Speaker 1: the war revealed, you know, a longer reach towards Diego Garcia.
• 38:34
  Speaker 1: By late March, Israel claimed to have neutralized there hundred
• 38:37
  Speaker 1: and fifty five launches, around seventy percent of Iranian launch capabilities.
• 38:42
  Speaker 1: Yet US intelligence could confidentially confirm the destruction of only
• 38:47
  Speaker 1: about one third of the missile the actual missile arsenal launches.
• 38:53
  Speaker 1: Can you can build new launches pretty quickly, and they've
• 38:56
  Speaker 1: only destroyed a third of the missile arstin Remember the
• 38:59
  Speaker 1: missiles were still deep inside the mountain, and Iran only
• 39:06
  Speaker 1: needs a fraction of those missiles to remain dangerous because
• 39:11
  Speaker 1: their defense systems are imperfect and the vulnerability of Gulf
• 39:16
  Speaker 1: states in particular Israel less so, but Gulf states in
• 39:18
  Speaker 1: particular their vulnerability is huge. A few dozen mobile launchers
• 39:24
  Speaker 1: can sustain periodic attack, keeps cities and energy sites at risk,
• 39:28
  Speaker 1: and force its enemies to expand expensive interceptors against weapons
• 39:34
  Speaker 1: Yon can build much more cheaply. I mean, the drones
• 39:39
  Speaker 1: iron has can deliver the same effect at lower cost.
• 39:44
  Speaker 1: US and Israeli strikes plainly damage the stockpiles and production sites,
• 39:48
  Speaker 1: but the war vindicated the Ranian concept. Yuon entered the
• 39:52
  Speaker 1: fighting with an estimated capacity to manufacture around ten thousand
• 39:55
  Speaker 1: drones a month, then dispersed production and adapted its attack.
• 40:00
  Speaker 1: Every cheap airframe forces detection and a response, draining crews
• 40:05
  Speaker 1: and interceptors that costs orders of magnitude more. At least
• 40:08
  Speaker 1: as of now, drones are now the great equalizer, and
• 40:12
  Speaker 1: Iran understands this as well as anyone. Now, the drones
• 40:15
  Speaker 1: are not a big risk for Israel because they're far,
• 40:18
  Speaker 1: but there were risks for Quaits and Yuoe and Saudi
• 40:22
  Speaker 1: Arabia and Kata right, you know, you also have to ask,
• 40:33
  Speaker 1: and Fox brings up a point I hadn't even thought
• 40:35
  Speaker 1: of that, you know, is those intelligence in Iran must
• 40:41
  Speaker 1: have been deteriorated over the last few months. I mean,
• 40:46
  Speaker 1: think about how many people Tehran has arrested alleging informants,
• 40:51
  Speaker 1: and they've executed people for working with Israel. And now
• 40:53
  Speaker 1: a lot of that is make belief, but I'm sure
• 40:56
  Speaker 1: they've caught some, you know how many exactly only the
• 41:02
  Speaker 1: Massad knows. We don't know, but some It's going to
• 41:06
  Speaker 1: be harder to acute assets in the future. Decaputation failed,
• 41:14
  Speaker 1: everybody's being replaced. So overall, I think Iran emerges more committed, weakened,
• 41:28
  Speaker 1: but not dramatically, and depending on whether it can restart
• 41:32
  Speaker 1: selling oil and get revenue and start buying up again,
• 41:39
  Speaker 1: he potentially could be significantly, you know, stronger. Trump has
• 41:45
  Speaker 1: just bungled this operation completely completely. It now seems to
• 41:51
  Speaker 1: be pretty obvious that it would be much better never
• 41:54
  Speaker 1: to have done this at all, or till it just
• 41:57
  Speaker 1: Israel do it, and the Israel do with its capabilities
• 42:01
  Speaker 1: whatever damage it could do to you want, and never
• 42:03
  Speaker 1: allowed the United States to enter into the equation. Now
• 42:09
  Speaker 1: Trump Keets still fixed this. He could refuse the deal,
• 42:14
  Speaker 1: he can not walk away. He just posted on truth
• 42:18
  Speaker 1: social that now that i Wan is asking the United
• 42:21
  Speaker 1: States for reparations, he's going to ask them for reparations
• 42:24
  Speaker 1: for all the Americans that have been killed over the
• 42:26
  Speaker 1: many decades, for all the destruction they've inflicted, and all
• 42:30
  Speaker 1: the countries in the Gulf State, for all the you know,
• 42:33
  Speaker 1: all the damage they've caused America. So he's not quite
• 42:37
  Speaker 1: yet ready to be perceived as the president who surrendered.
• 42:45
  Speaker 1: But it doesn't seem like he has many options given
• 42:50
  Speaker 1: that his Secretary of War and the Defense Department has
• 42:55
  Speaker 1: managed to use up most of the Americans you know,
• 43:00
  Speaker 1: missile capabilities, and that there is no remedying that in sight.
• 43:08
  Speaker 1: The military industrial complex does not seem to be able
• 43:11
  Speaker 1: to produce Patriots and Tomahawks and these other missiles very
• 43:18
  Speaker 1: quickly at all. You know, it's mind boggling. It really
• 43:21
  Speaker 1: is mind boggling to think that some missiles take years
• 43:27
  Speaker 1: to build. It can't be right. There's something and we'll
• 43:33
  Speaker 1: talk about this in a minute with regard to Ukraine
• 43:36
  Speaker 1: and Patriots missives. There's something really, really, really corrupt in
• 43:40
  Speaker 1: the Pentagon. There's something really stinks here. I mean, if
• 43:47
  Speaker 1: a military plan is not planned for conflict and planned
• 43:52
  Speaker 1: to rev production in the case of conflict, And have
• 43:56
  Speaker 1: they not seen the depletion of the weapons system after
• 44:01
  Speaker 1: Russia invaded Ukraine? Did they not ramp up maybe thinking
• 44:05
  Speaker 1: that conflict would expand what were they thinking? And given
• 44:12
  Speaker 1: that there's a real threat that China invades Taiwan, do
• 44:17
  Speaker 1: we not have in the Pacific theater enough of these
• 44:20
  Speaker 1: missiles and defensive weapons and so on to protect our
• 44:23
  Speaker 1: troops and to take on the Chinese? And if we don't,
• 44:29
  Speaker 1: and if we can't produce those weapons until twenty thirty,
• 44:32
  Speaker 1: is some ridiculous numbers like that heads should roll? I mean,
• 44:40
  Speaker 1: and this is not Trump's administrations, only Trump's administration's fold.
• 44:46
  Speaker 1: I mean you have to go back eight, ten, ten
• 44:49
  Speaker 1: years and say, what were they thinking? An Obama administration,
• 44:53
  Speaker 1: the Trump first administration and the Biden administration who ran
• 44:57
  Speaker 1: the Pentagon. Who are these general what strategic planning are
• 45:01
  Speaker 1: they doing? Do they not realize that in a war
• 45:04
  Speaker 1: you use missiles, missiles actually get used and they need
• 45:09
  Speaker 1: to be replaced. It's again, it buggles them mount literally
• 45:20
  Speaker 1: buggles the month that the American military did not take
• 45:24
  Speaker 1: all these It's the same thing that buggles of mind
• 45:26
  Speaker 1: that Donald Trump did not take into account that the
• 45:29
  Speaker 1: you know that Iran would close the Strait of Homos
• 45:32
  Speaker 1: and you better have a plan for it. And the
• 45:34
  Speaker 1: Pentagon did not take into account the idea that if
• 45:36
  Speaker 1: we ever go to war somewhere in the world, we
• 45:40
  Speaker 1: will deplete our missiles and our patriot systems and stuff
• 45:45
  Speaker 1: like that. They learned nothing from the war with Ukraine
• 45:49
  Speaker 1: seeing the use by the Russians ballistic missiles and drones.
• 45:54
  Speaker 1: Where are all the anti drone technologies that were promised
• 45:57
  Speaker 1: that are cheap? You know, is se used to be
• 46:00
  Speaker 1: working on that. The Ukrainian seemed to be working in that.
• 46:04
  Speaker 1: Where are there where the where the American laser systems,
• 46:06
  Speaker 1: Where the American microwave systems, Where the American other types
• 46:10
  Speaker 1: of systems that can can can can hold drone attacks
• 46:14
  Speaker 1: and can destroy drones at the cheap cost. Again, Ukraine
• 46:19
  Speaker 1: has those systems, Israel has some of them. Is those behind?
• 46:24
  Speaker 1: Is those trying to catch up right now because it
• 46:26
  Speaker 1: realized in Lebanon this year that it was behind that
• 46:30
  Speaker 1: that all it took was the drone operator by Ria,
• 46:32
  Speaker 1: cheap drone with a little bit of explosive to take
• 46:35
  Speaker 1: real casualties. And is those you know, frantically trying to
• 46:40
  Speaker 1: figure out solutions to that, something that troops can carry
• 46:44
  Speaker 1: into the field, that can protect them from drones and
• 46:46
  Speaker 1: can shoot down drones again at a low cost. Ukraine
• 46:52
  Speaker 1: is also figuring that out, figured out some stuff it
• 46:55
  Speaker 1: still needs to figure out more. Russia's working on it.
• 46:59
  Speaker 1: It's it's un I mean the Pentagon. Here's the thing, right,
• 47:03
  Speaker 1: the budget of the Pentagon is one trillion, like I
• 47:07
  Speaker 1: like to say tot trillion with a T dollars. I
• 47:14
  Speaker 1: don't know where it all goes. I do not know
• 47:16
  Speaker 1: where it all goes. But you think that a chunk
• 47:20
  Speaker 1: of it should go to developing anti drone technology, anti
• 47:24
  Speaker 1: ballistic missile technology, and to building the kind of projectiles
• 47:30
  Speaker 1: that we need in order to go to war with Patriots,
• 47:34
  Speaker 1: Tomahawks and all the other ones that I can't you
• 47:37
  Speaker 1: know who have numbers as names and I don't remember. Really,
• 47:45
  Speaker 1: you know, unbelievable. Now, look, this is not to say
• 47:49
  Speaker 1: you want we'll have a nuclear bomb. Israel's not going
• 47:52
  Speaker 1: to sit back and wait for this to happen with
• 47:56
  Speaker 1: the Trump administration supporter. Without it, Israel will do everything
• 47:59
  Speaker 1: in its power to hamper any attempts by the Iranians
• 48:05
  Speaker 1: to develop a bomb in Israel has capabilities. It doesn't
• 48:11
  Speaker 1: have the same capabilities as the United States. It won't
• 48:13
  Speaker 1: be as easy as if the United States did it,
• 48:15
  Speaker 1: but it has capabilities. Israel really needs a new government.
• 48:21
  Speaker 1: It really really needs a new government. It needs to
• 48:24
  Speaker 1: get it needs to really set aside the distraction that
• 48:28
  Speaker 1: the far right, the religious, the religious nationalist conservatives in
• 48:34
  Speaker 1: Israel are creating. They need to be focused on Israel's
• 48:40
  Speaker 1: real enemies. Getting rid of Antennao and God, I mean,
• 48:45
  Speaker 1: then he could his political parties should get rid of him.
• 48:50
  Speaker 1: Rid of Antenniao would also take away a big talking
• 48:54
  Speaker 1: point from Israel's haters all over the world. Oh we
• 48:57
  Speaker 1: don't hate Israel, we just hate this government. We hate
• 48:59
  Speaker 1: in at any out just he deserves to go. He
• 49:05
  Speaker 1: was prime minister on October seventh. He was prime minister
• 49:08
  Speaker 1: for the fifteen years almost continuously before October seventh. He
• 49:13
  Speaker 1: bears major responsibility for October seventh and what happened. He
• 49:18
  Speaker 1: needs to go. The far right. Religious nuts need to go.
• 49:24
  Speaker 1: The West Bank needs to be calmed down. Israel. You know,
• 49:28
  Speaker 1: Gaza's we will talk about Gaza in a minute, but
• 49:31
  Speaker 1: Gaza kind of a status quo. Okay, that's fine. Hamas
• 49:35
  Speaker 1: is no longer a threat to Israel. Focus on two things,
• 49:39
  Speaker 1: and two things only from national security perspective, Iran and
• 49:44
  Speaker 1: particularly the nuclear threat from Iran and Chrisbela. And you know,
• 49:50
  Speaker 1: Israel is still negotiating with Lebanon and they're still trying
• 49:54
  Speaker 1: out to see if the Lebanese military can help, you
• 49:57
  Speaker 1: know this armed Arisbela. You know, it's hard to believe
• 50:00
  Speaker 1: they can, but they're making efforts. The Lebanese really seem
• 50:04
  Speaker 1: to want to make efforts. I think the Lebanese government
• 50:07
  Speaker 1: want's piece with Israel. They'd love Grisbela to go away.
• 50:10
  Speaker 1: They just don't have the means of the tools to
• 50:12
  Speaker 1: deal with it. And the Americans again are not helping,
• 50:16
  Speaker 1: not helping at all. So Israel could do it. Is
• 50:21
  Speaker 1: all have to do it. I think that you know,
• 50:25
  Speaker 1: Saudi Arabia is building a new coalition to deal with
• 50:29
  Speaker 1: the Iranians, but they don't want to go to war,
• 50:32
  Speaker 1: so they are now forming an alliance with Turkey and Pakistan,
• 50:36
  Speaker 1: a defense alliance which is not good for Israel, but
• 50:41
  Speaker 1: probably not that not a threat in the short run,
• 50:44
  Speaker 1: and the primary aim right now probably is neutralizing you on.
• 50:52
  Speaker 1: I don't know what the rest of the Gulf States do.
• 50:54
  Speaker 1: The one thing that is clear, and it is tragic,
• 50:59
  Speaker 1: is that they will no longer view the United States
• 51:02
  Speaker 1: as an ally. You know, the United States has proved
• 51:07
  Speaker 1: itself to be a paper tiger. Is too nice, just
• 51:13
  Speaker 1: just a unreliable, uh whim worshiping, useless superpower, superpower that
• 51:23
  Speaker 1: chooses Yeah. So you know, I don't know, I don't
• 51:33
  Speaker 1: know where this is going to go. It's impossible to
• 51:36
  Speaker 1: predict at this point. But put it this way. Iran
• 51:39
  Speaker 1: is behaving like they believe they have all the cards.
• 51:43
  Speaker 1: They believe the United States will do nothing to them,
• 51:46
  Speaker 1: and Trump seems to be leaving the same believing the
• 51:49
  Speaker 1: same thing. Right now at the same time you want
• 51:52
  Speaker 1: to suffering. They exporting no oil, at least not by ship.
• 51:57
  Speaker 1: Maybe maybe by truck from the eastern border with Pakistan,
• 52:01
  Speaker 1: Afghanistan or to Zakistan in the north. I don't know,
• 52:07
  Speaker 1: but you can't export a lot of oil that way.
• 52:11
  Speaker 1: They're not exporting oil. Basically, the Colleag Island, there's no activity,
• 52:16
  Speaker 1: there's nothing there. They're having to rotate and shut down
• 52:20
  Speaker 1: and rotate the oil walls that they have, so they
• 52:24
  Speaker 1: rotate that they still have refining capacity because we refuse
• 52:27
  Speaker 1: to bomb they refineries that should have been on the
• 52:29
  Speaker 1: target list. We should have bombed their refineries. That would
• 52:32
  Speaker 1: have made them really pain, put them in pain. So
• 52:35
  Speaker 1: they can still refine oil for their domestic needs, but
• 52:39
  Speaker 1: they can't export oil, which means money is not flowing in.
• 52:42
  Speaker 1: But here's the thing. The religious fanatics and are religious
• 52:46
  Speaker 1: fanatics winning to suffer for the cause. Yes, yes, this
• 52:52
  Speaker 1: is Jack Keane, the former general speaking on one of
• 52:57
  Speaker 1: the channels I can't where. He says, there's a sung regime.
• 53:02
  Speaker 1: Doesn't care what it's that, it's people suffer. They have
• 53:06
  Speaker 1: an ideology that they're holding to. They absolutely believe right
• 53:10
  Speaker 1: now that they have the upper hand. He says, we
• 53:14
  Speaker 1: already have evidence that they won't comply with any signed concessions,
• 53:19
  Speaker 1: with any deal. He says, they're going to let more violent.
• 53:25
  Speaker 1: They're going to get more violence because as we get
• 53:28
  Speaker 1: closer to the midterms, they want to create a volatile
• 53:31
  Speaker 1: situation that demonstrates that the demonstration is not managing the
• 53:35
  Speaker 1: war properly. And you know he talks about what a
• 53:40
  Speaker 1: win for Yuan means. I mean a win for Iran
• 53:43
  Speaker 1: means embold in China and embold in Russia. Everybody in
• 53:48
  Speaker 1: the world who hates America will be inbold in by this.
• 53:51
  Speaker 1: This will be explosit victory of the Iranians, all right,
• 54:04
  Speaker 1: I mean Pompeo says it's unacceptable to rent the straits
• 54:07
  Speaker 1: and Foremos from Ran. That's how he sees this deal.
• 54:11
  Speaker 1: It's international waters. Russia and China watching closely. Whether the
• 54:15
  Speaker 1: US keeps the blockade going until Iran capitulates. This matters
• 54:20
  Speaker 1: for American security for decades, not just today. President Trump
• 54:24
  Speaker 1: has been unambiguous. If anybody charges it toll to pass
• 54:28
  Speaker 1: through the straight to home malls, it will be the
• 54:30
  Speaker 1: United States charging it, not Iran. He's spot on about that. Well,
• 54:35
  Speaker 1: nobody should charge it all. Pompeo continues, I don't think
• 54:39
  Speaker 1: we get to lower energy prices through a negotiated deal
• 54:42
  Speaker 1: that hands Iran a three to seven percent toll on
• 54:46
  Speaker 1: everything that moves through the straits. That would only give
• 54:49
  Speaker 1: your on more willingness, more desire, and more capability to
• 54:52
  Speaker 1: keep driving prices higher. Any deal signed with Iran will
• 54:58
  Speaker 1: be violated from the moment it executed, he said, that's
• 55:01
  Speaker 1: historically the reality. The revolutionary God has run Iran for
• 55:06
  Speaker 1: twenty five years, and there's zero evidence there're suddenly decided
• 55:12
  Speaker 1: they're okay with Israel existing, or with the U, or
• 55:16
  Speaker 1: with the US. So Pompeo's on top of this, I mean,
• 55:19
  Speaker 1: I wish he was part of the administration and not
• 55:23
  Speaker 1: the losers that are there now. In the meantime, the
• 55:26
  Speaker 1: US Strategic Patrolling Reserve has now falling below three hundred
• 55:31
  Speaker 1: million battles for the first time since nineteen eighty three.
• 55:36
  Speaker 1: They declined by six point one million battles just last week.
• 55:41
  Speaker 1: USO reserves at a forty plus year low. There's not
• 55:45
  Speaker 1: bode well for all prices. So yeah, we are in uh.
• 55:53
  Speaker 1: I think we're in deep trouble. Let me just go
• 55:55
  Speaker 1: over and make sure I've covered all the points I
• 55:57
  Speaker 1: wanted to. And Donald Trump is delusional, is always now
• 56:01
  Speaker 1: calling for he is going to demand ovariations from the Iranians.
• 56:05
  Speaker 1: But all right, so let's see, Oh okay, So let's
• 56:19
  Speaker 1: talk a little bit about munitions. We talked about it already,
• 56:22
  Speaker 1: but at just this point I read this story and
• 56:25
  Speaker 1: it makes complete sense. You know, Zelensky came to Trump
• 56:28
  Speaker 1: and said, hey, let me build Patriot missiles. Let's build
• 56:32
  Speaker 1: a plant in Ukraine. We'll build Patriot missiles. You don't
• 56:35
  Speaker 1: have the United States doesn't have enough production capabilities right
• 56:38
  Speaker 1: now to build en up patriots for Ukraine, for Israel,
• 56:41
  Speaker 1: for his allies in the Middle East, for US US
• 56:46
  Speaker 1: visa China. So Zelenski said, let Ukraine do it, and
• 56:52
  Speaker 1: Trump for the first time this year, earlier this year indicated, yeah, okay,
• 56:56
  Speaker 1: I'll give you a license to do it. Now. That
• 56:59
  Speaker 1: turns out that Lockheed and Raytheon are the ones resisting
• 57:05
  Speaker 1: giving the license. The lock Heed and Raytheon other companies
• 57:08
  Speaker 1: that build the Patriot missiles, and it's not because they're
• 57:14
  Speaker 1: worried about IP. So the original objection was supposed to be, oh,
• 57:19
  Speaker 1: the Ukrainians will steal our IP, or the Russians will
• 57:22
  Speaker 1: gain access and they'll steal the IP. But it turns
• 57:24
  Speaker 1: out that's not what they're worried about. What are they
• 57:29
  Speaker 1: worried about? The wire that the Ukrainians will do a
• 57:33
  Speaker 1: good job manufacturing Patriots, that they'll produce them faster and
• 57:38
  Speaker 1: cheaper than Lockheed and Raytheon can maybe even that they'll
• 57:43
  Speaker 1: improve the Patriot right and produce them at scale and
• 57:48
  Speaker 1: for a lot less money. So it's it's our defense
• 57:54
  Speaker 1: contractors who have been for decades, you know, kind of
• 57:59
  Speaker 1: steal them from competition and shield it from innovation, from
• 58:03
  Speaker 1: the need to innovate, the need to produce more, the
• 58:06
  Speaker 1: need to drive down costs by a Pentagon now, so
• 58:13
  Speaker 1: a Pentagon efficient says that. You know, the two defense
• 58:17
  Speaker 1: contractors would quote officially frame their concerns around IP theft
• 58:21
  Speaker 1: and tech transfer, but they quote they real worry is
• 58:25
  Speaker 1: that Ukrainians will find a way to improve the Patriot
• 58:27
  Speaker 1: and then produce them at scale, faster and for much
• 58:30
  Speaker 1: less money than what the existing production lines in the
• 58:33
  Speaker 1: US could do, which would threaten manufacturing in the United States.
• 58:39
  Speaker 1: If that is true, that is so damp, pathetic, so pathetic,
• 58:45
  Speaker 1: And you know, I am rooting for all the Silicon
• 58:50
  Speaker 1: Valley defense startups to replace these the ratheons of the
• 58:55
  Speaker 1: world and the lockheads of the luck heads of the
• 58:58
  Speaker 1: world with with entrepreneurs who will build uh and be
• 59:05
  Speaker 1: able to scale and be able to improve quality and
• 59:08
  Speaker 1: be able to do it all cheaply. Okay, just one
• 59:12
  Speaker 1: more thing about weapons systems. It turns out that the
• 59:16
  Speaker 1: you know, the the the UK has these navy drones,
• 59:19
  Speaker 1: naval drones that are used by special forces UK special Forces,
• 59:24
  Speaker 1: So these are boats that are drones. And and it
• 59:28
  Speaker 1: turns out that the cameras on these drones, the cameras
• 59:31
  Speaker 1: are these drones were made in China. And it turns
• 59:38
  Speaker 1: out they have discovered that the that the these cameras
• 59:46
  Speaker 1: were actually sending data to an Internet address in China,
• 59:53
  Speaker 1: so you know, the signal came from a component in
• 59:57
  Speaker 1: the camera. Now it turns out they didn't broadcast any
• 1:00:01
  Speaker 1: sensitive information supposedly, and the issue was discovered in a
• 1:00:05
  Speaker 1: routine cyber vulnerability assessment, and now there's been a thorough investigation,
• 1:00:11
  Speaker 1: and yeah, guess what, they're going to replace all the cameras.
• 1:00:15
  Speaker 1: So one of the things you have to be careful
• 1:00:17
  Speaker 1: of when you're building anything with national security implications is
• 1:00:22
  Speaker 1: it doesn't have any components from made in China they
• 1:00:26
  Speaker 1: can transmit data or that can receive a transmission of
• 1:00:30
  Speaker 1: data like shut it off. So yeah, I found that
• 1:00:35
  Speaker 1: kind of kind of funny. Oh, what's the situation Visa
• 1:00:40
  Speaker 1: VI Gaza? The situation Gaza Gaza was in the news
• 1:00:45
  Speaker 1: this week again, and that is because Trump has a
• 1:00:48
  Speaker 1: fifteen point plan or the Peace Commission or whatever they
• 1:00:52
  Speaker 1: call it, the Peace Board has a fifteen point plan
• 1:00:59
  Speaker 1: to move the Gaza deal forward. And you know it's
• 1:01:02
  Speaker 1: basically stalled and and nothing, nothing is nothing is happening.
• 1:01:11
  Speaker 1: So you know, what's what's the deal? Well, basically, you know,
• 1:01:17
  Speaker 1: this whole piece board has has become come under the
• 1:01:20
  Speaker 1: influence of Egypt, Kata, and Turkey, which Trump is very
• 1:01:26
  Speaker 1: favorful towards all of them. And so this fifteen point
• 1:01:31
  Speaker 1: plan was very much shaped by Egypt, Kata and Turkey.
• 1:01:38
  Speaker 1: The fifteen point plan demands, that is or withdraw and
• 1:01:42
  Speaker 1: the Ramas disarmed in that order. That is what we
• 1:01:46
  Speaker 1: draw first, and Ramas will then disarm and then some
• 1:01:48
  Speaker 1: kind of international force will be brought in no specification
• 1:01:52
  Speaker 1: of what that force is now. Nisaniaur has come out
• 1:01:57
  Speaker 1: very clearly today. I think he came out very clearly
• 1:02:01
  Speaker 1: and basically rejected the plan. This is yesterday. Actually, you know,
• 1:02:09
  Speaker 1: Natanielle said in a statement that he was confronting a
• 1:02:13
  Speaker 1: quote wave of rumors about Israeli weakness and Israeli withdrawals
• 1:02:17
  Speaker 1: from all fronts, and he said, Israel does not accept
• 1:02:24
  Speaker 1: the fifteen point document. The IDEAF will not carry out
• 1:02:27
  Speaker 1: any withdrawal until Hamas is disarmed. And when I say
• 1:02:31
  Speaker 1: the disarming of Ramas, I mean heavy weapons, lighter weaponry,
• 1:02:35
  Speaker 1: all weaponry. And we are talking about genuine disarmament, not
• 1:02:41
  Speaker 1: fictitious disarmament. Right now, we're talking with Americans about this issue.
• 1:02:45
  Speaker 1: So Isol's refusing to budge as it should refuse to budge,
• 1:02:51
  Speaker 1: and is demanding that Hamas disarmed. Haramas will never disarm,
• 1:02:56
  Speaker 1: And as a consequence, this is going nowhere now Israel,
• 1:03:01
  Speaker 1: this this is not really going to be affected by
• 1:03:05
  Speaker 1: Israeli elections because I don't think any of the political
• 1:03:08
  Speaker 1: parties in Israel can afford a exit, you know, to
• 1:03:13
  Speaker 1: exit Gaza without Hamas disarming completely. So whoever wins the
• 1:03:18
  Speaker 1: election is going to basically take the same stance of
• 1:03:21
  Speaker 1: standing up to America and standing up to the border
• 1:03:22
  Speaker 1: peace and standing up to Kata, Egypt and Turkey and
• 1:03:26
  Speaker 1: saying no. Sadly, what this means is Hamas stays armed.
• 1:03:33
  Speaker 1: What it means is Gazan civilians who remain trapped under
• 1:03:36
  Speaker 1: Hamas terror and this situation is not going to improve
• 1:03:39
  Speaker 1: in any meaningful way. They'll spend another winter. Intents, No
• 1:03:44
  Speaker 1: Israeli government is going to jeopardize Israeli security by trusting
• 1:03:49
  Speaker 1: international guarantees. They've seen it before, they know what happened,
• 1:03:54
  Speaker 1: and believe me, October seventh is still fresh in their minds.
• 1:04:00
  Speaker 1: So I don't think anything is changing because in spite
• 1:04:03
  Speaker 1: of Trump's you know, claiming again a new piece plan
• 1:04:08
  Speaker 1: and and you know he is going to be in
• 1:04:10
  Speaker 1: priece to the midd least after three thousand years. He
• 1:04:14
  Speaker 1: wants to be able to claim a victory, but he's
• 1:04:16
  Speaker 1: not going to find it. He's not going to find it.
• 1:04:24
  Speaker 1: So yeah, Israel is saying no good for Israel. That
• 1:04:28
  Speaker 1: is the right approach. Of course, what should happen is
• 1:04:38
  Speaker 1: at some point this will have to happen. Somebody is
• 1:04:40
  Speaker 1: gonna have to go in there and just armed Tramas
• 1:04:43
  Speaker 1: from within. But in Israel, I think at some point
• 1:04:48
  Speaker 1: would like to do that. You know, we'll see whether
• 1:04:51
  Speaker 1: Israel has the fortitude and the will, the energy to
• 1:04:56
  Speaker 1: actually engage in that. That's why I said, I need
• 1:04:58
  Speaker 1: to get Mintoniell out of there. You need to get
• 1:05:00
  Speaker 1: a new government. You needed a new prime minister. You
• 1:05:03
  Speaker 1: need a renewed focus on Israeli security without the baggage
• 1:05:07
  Speaker 1: and without the baggage of the prime minister was there
• 1:05:10
  Speaker 1: October seventh. And you know, sadly, I hope the next
• 1:05:15
  Speaker 1: prime minister is not Eisencott, because Eisencott was the was
• 1:05:19
  Speaker 1: the what do you call it, the chief of staff
• 1:05:22
  Speaker 1: of the military, not in October seventh, but in the
• 1:05:26
  Speaker 1: years before October seventh, so he bears again responsibility for it.
• 1:05:30
  Speaker 1: He did nothing to prevent this. So really need some
• 1:05:35
  Speaker 1: new faces and fresh faces, or at least somebody like
• 1:05:38
  Speaker 1: Bennett who at least doesn't have that on his hands.
• 1:05:44
  Speaker 1: So we'll see, we'll see what happens. But I think
• 1:05:48
  Speaker 1: Gauza is just going to be a stalemate for a while,
• 1:05:50
  Speaker 1: and that's It's not bad right now for Israel because
• 1:05:55
  Speaker 1: Hamas is not a threat as constituted right now, with
• 1:05:59
  Speaker 1: the amount of force Israel has in the Gaza and
• 1:06:02
  Speaker 1: the security barrier it has created within Gaza, I don't
• 1:06:08
  Speaker 1: think Hamas is a threat to Issuel at this point.
• 1:06:14
  Speaker 1: All right, it turns out that they have been a
• 1:06:20
  Speaker 1: series of cyber attacks on American water systems. We're talking
• 1:06:28
  Speaker 1: about at least in at least twelve different states the campaign.
• 1:06:34
  Speaker 1: These cyber attacks disrupted pressure or cause flooding at some utilities.
• 1:06:40
  Speaker 1: Officials report no contaminated drinking water. Now they don't know
• 1:06:45
  Speaker 1: who exactly is responsible, but Iran is suspected, but no
• 1:06:52
  Speaker 1: attribution has been determined. Trump of course is denying the
• 1:06:57
  Speaker 1: radiant responsibility because if it was established there was Iran,
• 1:07:02
  Speaker 1: Trump would have to do something about it, and Trump
• 1:07:04
  Speaker 1: clearly doesn't want to do anything about it and doesn't
• 1:07:08
  Speaker 1: want more conflict with Iran. This is a huge failure operationally.
• 1:07:17
  Speaker 1: Hopefully it's a failure that they will, you know, the
• 1:07:21
  Speaker 1: authorities and the companies that are responsible for these water
• 1:07:24
  Speaker 1: facilities will learn from and build out this cybersecurity in
• 1:07:29
  Speaker 1: order to stop it and prevent it. But it's you know,
• 1:07:36
  Speaker 1: it's not clear that some of this operational control equipment
• 1:07:40
  Speaker 1: needs to be exposed to the Internet, and they'refore exposed
• 1:07:45
  Speaker 1: to cyber attacks. But it is a challenge that needs
• 1:07:49
  Speaker 1: to be overcome. I mean, in any war with somebody
• 1:07:52
  Speaker 1: like China. You'd think that their cyber capabilities are better
• 1:07:55
  Speaker 1: than Uranians and they could really do damage. Now, what
• 1:08:05
  Speaker 1: was demonstrated during these cyber attacks is that shifting to
• 1:08:09
  Speaker 1: manual systems contained any damage that was being caused. Affected operators, disconnected,
• 1:08:17
  Speaker 1: exposed equipment, and returned to manual controls limiting disruption and
• 1:08:22
  Speaker 1: preventing reported contamination. Now, so there's there's a real success
• 1:08:28
  Speaker 1: story here in terms of resilience. It can be dealt with.
• 1:08:32
  Speaker 1: It's not it's not a catastrophe. Uh. And then now
• 1:08:38
  Speaker 1: it's a question of how do you harden these small
• 1:08:41
  Speaker 1: utilities all over the country. Ah, keep the automation, but disconnected,
• 1:08:48
  Speaker 1: disconnected from the internet was at least on an ongoing basis,
• 1:08:51
  Speaker 1: and make it probably make it possible to eliminate exposure
• 1:08:57
  Speaker 1: to these kind of cyber attacks. All right, let's see
• 1:09:09
  Speaker 1: what we want. What was next to ourgend Yeah, a
• 1:09:15
  Speaker 1: few This is kind of a few things about the economy.
• 1:09:18
  Speaker 1: So we can cover a few things in the economy.
• 1:09:20
  Speaker 1: Big story today in the Wall stee John about the
• 1:09:23
  Speaker 1: fact that Americans, Americans are traveling internationally like never before.
• 1:09:32
  Speaker 1: In the midst of you know, consumers lack of confidence
• 1:09:37
  Speaker 1: in the midst of cost of living, hysteria, in the
• 1:09:42
  Speaker 1: midst of massive depression about the state of the economy,
• 1:09:45
  Speaker 1: and you know, in the future of the economy and
• 1:09:48
  Speaker 1: the quality of jobs and everything else. Americans are traveling
• 1:09:53
  Speaker 1: all over the world at record numbers. More Americans today
• 1:09:57
  Speaker 1: have passports than ever in American history. Twenty four million
• 1:10:03
  Speaker 1: Americans said, twenty four million trips to Europe. Just Europe
• 1:10:06
  Speaker 1: in twenty twenty five. Portugal where I am right now,
• 1:10:12
  Speaker 1: leaving Portugal tomorrow. Portugal received nearly five times the number
• 1:10:16
  Speaker 1: of US visitors last year than it did a decade earlier.
• 1:10:21
  Speaker 1: Greece four times as many. If you look at a
• 1:10:26
  Speaker 1: graph of Americans traveling to Europe, it just goes like that.
• 1:10:31
  Speaker 1: It's just an upward, a nice upward slope since the
• 1:10:34
  Speaker 1: mid teens. Now, you know, trips are not cheap, and
• 1:10:41
  Speaker 1: Americans are spending money that The reality is that these
• 1:10:46
  Speaker 1: economies Portugal, Spain, Italy, and Greece, these Southern European economies,
• 1:10:53
  Speaker 1: it really struggled fifteen years ago doing very well. Greece
• 1:10:59
  Speaker 1: is one of the fastest armies and maybe the fastest
• 1:11:01
  Speaker 1: in Europe. Portugal, Spain, Italy all doing okay, and a
• 1:11:07
  Speaker 1: big chunk of that is tourism, and a bink, you know,
• 1:11:11
  Speaker 1: a significant chunk of the tourism is American tourism, and
• 1:11:14
  Speaker 1: Americans spend so you know, really really, you know, Now
• 1:11:24
  Speaker 1: it's hard to understand exactly why it is that Americans
• 1:11:29
  Speaker 1: are traveling so much and at the same time complaining
• 1:11:32
  Speaker 1: so much. We'll get to some numbers in a minute
• 1:11:35
  Speaker 1: about about you know, American American wealth or not so
• 1:11:40
  Speaker 1: much wealth, but consumption. You know, more and more and
• 1:11:45
  Speaker 1: more Americans are now got to the point where they
• 1:11:48
  Speaker 1: can travel and they can spend money on travel. Now,
• 1:11:53
  Speaker 1: a lot of this is older Americans, the Baby Boom generation,
• 1:11:58
  Speaker 1: which has about one hundred and ten trillion trillion right
• 1:12:03
  Speaker 1: of wealth, and they're living longer, and they're living healthier,
• 1:12:09
  Speaker 1: and they're trying to make the most of those years
• 1:12:11
  Speaker 1: and they're they're traveling, they're going to see the world.
• 1:12:16
  Speaker 1: If you look at the number of the percentage of
• 1:12:18
  Speaker 1: Americans is fascinating. The percentage of Americans with a valid passport, right,
• 1:12:25
  Speaker 1: guess what it was in nineteen ninety, like nineteen ninety,
• 1:12:29
  Speaker 1: not that long ago. I don't think thirty six years ago,
• 1:12:32
  Speaker 1: nineteen ninety, how many Americans had passports? Now, this number
• 1:12:36
  Speaker 1: didn't really surprise me that much because Americans historically, I
• 1:12:41
  Speaker 1: have known Americans historically as knowing nothing about the world,
• 1:12:45
  Speaker 1: as not traveling anyway, as not seeing anything, I mean
• 1:12:48
  Speaker 1: traveling in the United States. But even that, they didn't
• 1:12:50
  Speaker 1: do a lot. I remember when when I was a
• 1:12:52
  Speaker 1: kid and we went we traveled from Boston to the
• 1:12:55
  Speaker 1: West Coast and back six in six weeks, I think,
• 1:12:59
  Speaker 1: and like, none of my schoolmates had ever done anything
• 1:13:04
  Speaker 1: like that. Many of them had never been out of Massachusetts.
• 1:13:07
  Speaker 1: We lived in Boston in those dates. I mean, Americans
• 1:13:10
  Speaker 1: are known for not traveling much, particularly international. So what
• 1:13:14
  Speaker 1: percentage of the Americans do you think? What percentage of
• 1:13:17
  Speaker 1: Americans do you think had passports in nineteen ninety passports
• 1:13:23
  Speaker 1: as a proxy for the number of people traveling. Anybody
• 1:13:27
  Speaker 1: want to take a guess. Now people are not guessing,
• 1:13:30
  Speaker 1: they're not participating in the game today. Ian says thirty
• 1:13:34
  Speaker 1: two percent. Thirty percent in nineteen ninety. No, under five.
• 1:13:40
  Speaker 1: I mean, it's pretty amazing under five and that has
• 1:13:48
  Speaker 1: gone up steadily. By two thousand it was seventeen percent.
• 1:13:55
  Speaker 1: Three times more in ten years. Right, So Tommy Elsa
• 1:14:02
  Speaker 1: says thirty percent, also wrong, twenty one percent, by twenty
• 1:14:06
  Speaker 1: two percent by two thousand and five, really a big jump.
• 1:14:10
  Speaker 1: By twenty ten thirty five percent, twenty nineteen forty four
• 1:14:19
  Speaker 1: point fifty eight percent. It dipped a little bit during
• 1:14:23
  Speaker 1: COVID couldn't travel, But today as of twenty twenty five,
• 1:14:28
  Speaker 1: as of last year, uh fifty five percent of Americans
• 1:14:32
  Speaker 1: had passports, valid passports they could use for travel. That's
• 1:14:38
  Speaker 1: a pretty amazing a pretty amazing number. So Americans and
• 1:14:42
  Speaker 1: now seeing the world. I don't know if that'll change
• 1:14:44
  Speaker 1: their perception of the world. Maybe they'll know where different
• 1:14:47
  Speaker 1: countries are and we'll see the number one. Number one
• 1:14:53
  Speaker 1: place that Americans are going to in Europe is the UK,
• 1:14:57
  Speaker 1: second is Italy, third is fans forth to Spain. A
• 1:15:01
  Speaker 1: lot of Americans go to place like in the Caribbeans,
• 1:15:03
  Speaker 1: like the Dominican Republic, but traveling is on the biggest growth,
• 1:15:10
  Speaker 1: and the biggest growth in terms of the number of growth,
• 1:15:12
  Speaker 1: not the number of people, was the Portugal, then Greece,
• 1:15:17
  Speaker 1: in Japan, Egypt, and Fiji. Fiji. A lot of Americans
• 1:15:22
  Speaker 1: going to Fiji, so yeah, and then spending has gone
• 1:15:28
  Speaker 1: up significantly, so today about one point four percent of
• 1:15:33
  Speaker 1: all consumer spending is spent on travel overseas. And again
• 1:15:41
  Speaker 1: that kind of contradicts this notion of people think the
• 1:15:47
  Speaker 1: economy is terrible is horrible, and that they're poor. And
• 1:15:53
  Speaker 1: it could be that it's only a small group of Americans,
• 1:15:55
  Speaker 1: but now fifty five percent of them have a valid passport,
• 1:15:58
  Speaker 1: so it's fifty percent of Americans are traveling. But Americans
• 1:16:05
  Speaker 1: are very depressed. I mean, if you look at Trump's
• 1:16:09
  Speaker 1: approval rating with regard of handling the economy. In his
• 1:16:12
  Speaker 1: first term, it was generally positive. That is more people
• 1:16:17
  Speaker 1: said good things about it, the negative things about it
• 1:16:19
  Speaker 1: said it was a net positive. In a second term,
• 1:16:22
  Speaker 1: it's an unbelievable disaster. He's like at a negative forty.
• 1:16:29
  Speaker 1: Some people are convinced. Now, you know a lot of
• 1:16:33
  Speaker 1: that's the cost of living. But again, if the cost
• 1:16:35
  Speaker 1: of living is so hard and wages are not keeping up,
• 1:16:39
  Speaker 1: which is not true, wages are keeping up, then how
• 1:16:46
  Speaker 1: is it that Americans still have money to travel so much. Well,
• 1:16:49
  Speaker 1: maybe this is the point. The reality is that on
• 1:16:53
  Speaker 1: a global scale, Americans are extremely rich. Now we can
• 1:16:58
  Speaker 1: look at GDP per capita, can get a number of
• 1:17:00
  Speaker 1: different variables. Well, one variable you can look at is
• 1:17:04
  Speaker 1: just consumption per capita. How much money to people in
• 1:17:08
  Speaker 1: different countries spend on consumption, how much they spent on
• 1:17:14
  Speaker 1: stuff per capita. Now this is adjusted for the cost
• 1:17:18
  Speaker 1: of living, right, so it suggested purchasing price parity adjusted
• 1:17:25
  Speaker 1: for the cost of living, and Americans just have a
• 1:17:28
  Speaker 1: lot more money to spend. Household expenditures in the United
• 1:17:32
  Speaker 1: States average again purchasing power parody fifty and thirty three
• 1:17:39
  Speaker 1: in twenty four that's the highest in the world. In Switzerland,
• 1:17:46
  Speaker 1: which is you know, pretty much the richest country in Europe,
• 1:17:52
  Speaker 1: it's thirty five thousand, it's sixteen thousand less. That's a
• 1:17:56
  Speaker 1: lot big difference. Even no Way, which by some measures
• 1:18:01
  Speaker 1: is richer than Switzerland because it has a high, very
• 1:18:04
  Speaker 1: high gdpeople capital but that's because it's GDP is from
• 1:18:06
  Speaker 1: oil and it's not reflected in the wealth and income
• 1:18:12
  Speaker 1: of the individuals is only thirty one twenty thousand less.
• 1:18:18
  Speaker 1: That's forty percent less. Americans are wealthy, they don't realize it,
• 1:18:26
  Speaker 1: and they want to be wealthy. Of that's good. They're
• 1:18:28
  Speaker 1: ambitious and they're pissed off the things are costing more
• 1:18:31
  Speaker 1: money they should be. Inflation sucks, but on a relative scale,
• 1:18:36
  Speaker 1: comptter everybody else in the world, the United States is
• 1:18:39
  Speaker 1: dramatically rich. And people have reported this on GDP capital
• 1:18:42
  Speaker 1: and said GDP doesn't count. So, you know, this is
• 1:18:45
  Speaker 1: a new measure that's come out and to show that
• 1:18:48
  Speaker 1: it's you know, if you adjust cost of living, how
• 1:18:52
  Speaker 1: much money the American households versus other households spend every
• 1:18:57
  Speaker 1: month every year, right, and spend a lot more than
• 1:19:01
  Speaker 1: everybody else. And that's not because our stuff is more expensive. Again,
• 1:19:05
  Speaker 1: it's adjusted for the cost of living. It's because we
• 1:19:08
  Speaker 1: have more to spend. That could be that we're taking
• 1:19:11
  Speaker 1: on more debt as well. I don't know, I'd like
• 1:19:14
  Speaker 1: to see the debt numbers, but given income is much
• 1:19:18
  Speaker 1: high in the United States, it's not really surprising, all right,
• 1:19:24
  Speaker 1: had Uh, yeah, I think we're good with that. But yeah,
• 1:19:29
  Speaker 1: he has a kind of cool story about cost of living,
• 1:19:32
  Speaker 1: you know, inflation and or price inflation. Uh, you know,
• 1:19:38
  Speaker 1: beef prices have gone up quite a bit, and and
• 1:19:42
  Speaker 1: the chicken industry realized this that beef was going to
• 1:19:45
  Speaker 1: go up in price. So the chicken industry invested significantly
• 1:19:50
  Speaker 1: in chicken, and chickens have a shorter life than beef,
• 1:19:54
  Speaker 1: so you can you can you can generate much larger
• 1:19:56
  Speaker 1: quantities of chicken pretty quickly. And they've been ram up
• 1:20:01
  Speaker 1: chicken and they've been flooding the market with chicken. And
• 1:20:03
  Speaker 1: guess what happens as a consequence, Chicken prices they plummeted.
• 1:20:08
  Speaker 1: So while you know, people are still people are complaining
• 1:20:14
  Speaker 1: about beef prices going up, chicken prices have plummeted. And
• 1:20:20
  Speaker 1: people don't like chicken as much as they like beef,
• 1:20:23
  Speaker 1: so people are still buying the beef at the higher prices.
• 1:20:26
  Speaker 1: And there is a mismatchrestie supplying the band of chicken.
• 1:20:30
  Speaker 1: So there is a lot of chicken out there and
• 1:20:34
  Speaker 1: they're trying to find a price where they can clear it.
• 1:20:36
  Speaker 1: And they're going to have to trim the what do
• 1:20:39
  Speaker 1: you call a group of chickens, I don't know, the
• 1:20:41
  Speaker 1: hood A flock flock of chickens. They're gonna have to
• 1:20:44
  Speaker 1: trim their chicken, you know, the number of chickens because
• 1:20:48
  Speaker 1: right now chicken prices are plummeting. Skinless chicken breasts a
• 1:20:53
  Speaker 1: down thirty from twelve months ago. Right, and guess what
• 1:21:02
  Speaker 1: happens to the profit margins of chicken producers. Well, Pilgrim's Pride,
• 1:21:08
  Speaker 1: one of those profits have fallen ninety six percent. So yeah,
• 1:21:17
  Speaker 1: people are not buying more chicken. You can give it
• 1:21:20
  Speaker 1: to them, you know, really really chiply, and they still
• 1:21:24
  Speaker 1: don't want more chicken. They want beef. So ground we
• 1:21:27
  Speaker 1: demand is high, prices are high as well, and supply
• 1:21:32
  Speaker 1: is a supply is much more difficult to adjust, particularly
• 1:21:37
  Speaker 1: given that there are all kinds of tariffs on importing
• 1:21:39
  Speaker 1: beef from other countries if you want to, I mean,
• 1:21:46
  Speaker 1: it's just I mean, there's a reason why people think
• 1:21:48
  Speaker 1: that Trump is so bad on the economy. Tariffs have
• 1:21:51
  Speaker 1: made life more expensive in America for no good reason,
• 1:21:55
  Speaker 1: with no upside, no benefit, no advantage. And even when
• 1:22:00
  Speaker 1: these tariffs are being returned, they're being returned to the manufacturers,
• 1:22:05
  Speaker 1: They're not being turned to return to the consumers, and
• 1:22:07
  Speaker 1: the consumers paid higher prices. All right, Oh yes, so
• 1:22:19
  Speaker 1: this is a fun story. So I noticed this tweet
• 1:22:22
  Speaker 1: today by Secretary Sean Duffy, who is one of the better,
• 1:22:27
  Speaker 1: I think people within the Trumpet administration. But Anyway, this
• 1:22:32
  Speaker 1: is the tweet I thought, and I confirmed it. This
• 1:22:34
  Speaker 1: is actually happening, So he's not kidding around, He's actually
• 1:22:37
  Speaker 1: doing it. He starts out the tweet by saying game changer.
• 1:22:43
  Speaker 1: In April, we launched a new campaign to recruit video
• 1:22:48
  Speaker 1: gamers as air traffic controllers and supercharged the entire hiring
• 1:22:55
  Speaker 1: process to get the best and the brightest in fast
• 1:22:59
  Speaker 1: The results is nine percent of hiring goal met fastest
• 1:23:04
  Speaker 1: time ever to reach target. Two thousand plus hired the
• 1:23:09
  Speaker 1: most in a single year. Two thousand plus best and
• 1:23:12
  Speaker 1: brightest candidates in the pipeline reaching the academy quicker than
• 1:23:16
  Speaker 1: any class before them. Thanks to the most streamlined hiring process,
• 1:23:21
  Speaker 1: we're building the strongest, sharpest workforce in aviation history. So
• 1:23:26
  Speaker 1: I don't know if it makes you worried or relieved
• 1:23:32
  Speaker 1: that the future of air traffic controllers is now in
• 1:23:36
  Speaker 1: the hands of people who are gamers, you know, a
• 1:23:41
  Speaker 1: video gamers. Now, I actually think it's a good thing.
• 1:23:44
  Speaker 1: You know, video gamers have you know, harnessed the skill
• 1:23:49
  Speaker 1: or improved this skill in being able to manage a dynamic,
• 1:23:54
  Speaker 1: ongoing situation on a screen in front of them and
• 1:23:58
  Speaker 1: responding very very quickly to changing circumstances. I think this
• 1:24:01
  Speaker 1: is a positive but good for good for Duffy coming
• 1:24:04
  Speaker 1: up with an original, new way and new place to
• 1:24:09
  Speaker 1: go out and hire for air traffic controllers, one of
• 1:24:13
  Speaker 1: the most important jobs out there. I wish the government
• 1:24:16
  Speaker 1: wasn't in this business. This should be a private enterprise business.
• 1:24:19
  Speaker 1: There should be outsourced. Most countries have it outsourced and
• 1:24:23
  Speaker 1: don't run it, you know, by the government. But yeah,
• 1:24:27
  Speaker 1: we now have gamers running running the skies. So hopefully
• 1:24:32
  Speaker 1: that makes you more safe. I don't know, I have
• 1:24:34
  Speaker 1: a feeling some of you probably are more afraid now,
• 1:24:41
  Speaker 1: all right, Yeah, so this is a human achievement, but
• 1:24:51
  Speaker 1: it's also you know, I'll leave it to you to
• 1:24:55
  Speaker 1: decide whether this is a positive or negatives aspects of both.
• 1:24:59
  Speaker 1: H they're about one hundred and twenty thousand what are
• 1:25:03
  Speaker 1: called flowed cameras across the United States now basically you know,
• 1:25:09
  Speaker 1: monitoring people in the cities. At the same time, we
• 1:25:17
  Speaker 1: now have some of the lowest violent crime rates and
• 1:25:20
  Speaker 1: auto theft that we've ever had in the United States.
• 1:25:25
  Speaker 1: I mean, basically violent crime rates and auto theft are
• 1:25:29
  Speaker 1: down fifty just in the last few years. Now, to
• 1:25:36
  Speaker 1: what extent is this because all these cameras all of
• 1:25:42
  Speaker 1: you know, our cities, I mean, some crimes like automobile
• 1:25:45
  Speaker 1: theft and kidnappings, you know, should get down to zero.
• 1:25:50
  Speaker 1: If these cameras and other kind of crime fighting technology
• 1:25:54
  Speaker 1: continues to proliferate, every type of crime is going to
• 1:25:59
  Speaker 1: get harder to put love if you're being monitored constantly,
• 1:26:03
  Speaker 1: particularly if AI is doing the monitor Think about how
• 1:26:07
  Speaker 1: much more difficult murder becomes without being able to use
• 1:26:11
  Speaker 1: a getaway vehicle or be able to dump the weapons somewhere.
• 1:26:18
  Speaker 1: So you know. Now, on the other hand, there's an
• 1:26:21
  Speaker 1: issue of privacy. There's issue of exploiting this for bad
• 1:26:27
  Speaker 1: you know, social scoring type of things, and they're being
• 1:26:31
  Speaker 1: abuses by law enforcement of the technology. But you know,
• 1:26:39
  Speaker 1: there's no question that this kind of surveillance, if it
• 1:26:44
  Speaker 1: can be delimited to only for example, maintaining the information
• 1:26:49
  Speaker 1: for short periods of time, wiping that information only, maintaining
• 1:26:53
  Speaker 1: only actually having humans analyze the information if a crime
• 1:26:58
  Speaker 1: has been committed, and otherwise again wiping it and deleting it.
• 1:27:02
  Speaker 1: There are ways, I think to restrict the privacy and
• 1:27:07
  Speaker 1: rights violation involved in it, and yet because the benefits
• 1:27:13
  Speaker 1: in terms of crime reduction pretty amazing. And again, crime
• 1:27:17
  Speaker 1: is in the United States of America, crime is at
• 1:27:19
  Speaker 1: some of the lowest rates ever, And you know, that's
• 1:27:27
  Speaker 1: pretty amazing. I like the idea that you can walk
• 1:27:29
  Speaker 1: around in the streets and not worry about being mugged
• 1:27:32
  Speaker 1: or not worry about, you know, being kidnapped, and murder
• 1:27:37
  Speaker 1: is weighed down. And I don't think there's anything beyond
• 1:27:47
  Speaker 1: this is the continuation of the trend that started in
• 1:27:50
  Speaker 1: the early nineties, and nobody really knows what caused that.
• 1:27:56
  Speaker 1: You know, some of that is better policing. A lot
• 1:28:00
  Speaker 1: of it is probably better policing. Some of it is
• 1:28:02
  Speaker 1: fewer young people. Some of it is better better ability
• 1:28:09
  Speaker 1: to identify criminals and to lock them up, DNA testing
• 1:28:13
  Speaker 1: and things like that and other technologies that make it
• 1:28:16
  Speaker 1: possible to solve crimes. So better crime solving is going
• 1:28:22
  Speaker 1: to reduce crimes. Crimes. Most crimes are committed by a
• 1:28:25
  Speaker 1: very small number of people. If you put those people
• 1:28:28
  Speaker 1: in jail, the number of crimes plummets. So if you
• 1:28:32
  Speaker 1: can identify the people who actually commit the crimes, you're
• 1:28:35
  Speaker 1: going to get a lot less crimes. Again, most crimes
• 1:28:38
  Speaker 1: are committed by very very very very few people. So
• 1:28:48
  Speaker 1: let's create systems that can really eliminate the abuse. Fail
• 1:28:54
  Speaker 1: safe in there to eliminate abuse. And let's use this
• 1:28:59
  Speaker 1: trained and continue one of the one of the just
• 1:29:04
  Speaker 1: on the good use side. Uh. You know, there's always
• 1:29:07
  Speaker 1: a talk about different metals that that are in short
• 1:29:11
  Speaker 1: supply we don't have in the United States and we
• 1:29:12
  Speaker 1: have to input them from China and depending on them
• 1:29:14
  Speaker 1: and all of this stuff. Well, usually, you know, once
• 1:29:19
  Speaker 1: people start looking for particular metal, the price has gone
• 1:29:22
  Speaker 1: up high enough, they find it in the US. And
• 1:29:24
  Speaker 1: and this is the case indeed now with tungsten UH tungsten,
• 1:29:29
  Speaker 1: which is a critical uh critical mineral for the military
• 1:29:36
  Speaker 1: for military production. They found the largest known tungsten resource
• 1:29:43
  Speaker 1: in the United States at Railroad Valley Minerals Project in
• 1:29:47
  Speaker 1: Night County, Nevada. So supposely it's it's a it's a
• 1:29:54
  Speaker 1: huge you know, one point seven eight million tons of
• 1:29:58
  Speaker 1: tungsten UH there inferring exists there. The company has revealed
• 1:30:05
  Speaker 1: that the deposit is part of a mineral system that
• 1:30:08
  Speaker 1: also contailers contains world class lithium, potash and born so uh.
• 1:30:14
  Speaker 1: You know, as I've said many times in the show,
• 1:30:16
  Speaker 1: there's plenty of minerals out there. The problem of the
• 1:30:19
  Speaker 1: United States, the problem we have with minerals is not
• 1:30:22
  Speaker 1: that we don't have them and we depend on China.
• 1:30:25
  Speaker 1: The problem is we don't let people mind for them.
• 1:30:29
  Speaker 1: That our veneral regulations make it way too expensive and
• 1:30:32
  Speaker 1: sometimes impossible to mind for them. But they exist in
• 1:30:36
  Speaker 1: the United States. They're all here, and what we need
• 1:30:40
  Speaker 1: is dramatic reform of our of our mining and environmental regulations.
• 1:30:50
  Speaker 1: All right, let's see what else we have. No, that
• 1:31:00
  Speaker 1: is the news for today, Monday, August tenth. Thank you
• 1:31:04
  Speaker 1: all for joining me. I appreciate it. Let's it's more
• 1:31:10
  Speaker 1: like portash, not potash. All right, whatever, thank you Ian.
• 1:31:18
  Speaker 1: Let's see, so we will go to your super check questions.
• 1:31:22
  Speaker 1: You've done okay, but we're still short of that second
• 1:31:25
  Speaker 1: hour goal, and we're definitely in the second hour, so
• 1:31:27
  Speaker 1: it would be great if we got more questions or stickers.
• 1:31:29
  Speaker 1: I don't think we've got a lot of stickers today.
• 1:31:31
  Speaker 1: Let's see. Let's see who you've got to thank for stickers. Roland,
• 1:31:36
  Speaker 1: as always, thank you, Roland, really appreciate it. And the
• 1:31:41
  Speaker 1: dumb nothing there. Let's see not a lot of stickers. Yeah,
• 1:31:45
  Speaker 1: all you people were watching ts Kahn, thank you, thank
• 1:31:49
  Speaker 1: you for the sticker. Appreciate it. Yeah, that's the only
• 1:31:53
  Speaker 1: only two stickers, so please come on over with stickers,
• 1:31:56
  Speaker 1: stickers where you don't have to ask questions. Looking for
• 1:32:00
  Speaker 1: two hundred bucks to get to our goal. There's Wes,
• 1:32:03
  Speaker 1: Thank you, Wes, who just did fifty dollars stick us,
• 1:32:06
  Speaker 1: so that jumps us to only one hundred and fifty
• 1:32:10
  Speaker 1: to achieve our goals, So please consider doing fifty dollars,
• 1:32:14
  Speaker 1: one hundred dollars, five hundred dollars, or twenty dollars or
• 1:32:17
  Speaker 1: one or two or three dollars. That's all good as well. Nick,
• 1:32:20
  Speaker 1: thank you for the two dollars. Really appreciate that. I
• 1:32:24
  Speaker 1: love I love them all, so keep them coming and
• 1:32:28
  Speaker 1: hopefully we can achieve at least our second hour goal.
• 1:32:30
  Speaker 1: There's Enwreik with five dollars, so yeah, any amount is fantastic,
• 1:32:35
  Speaker 1: so please join us. Of course the fifty dollars is
• 1:32:38
  Speaker 1: more fantastic, Thank you, Wes. Let me, I've got a
• 1:32:43
  Speaker 1: few kind of announcements I want to make. Let me
• 1:32:47
  Speaker 1: close this window. Let me just get to everything, all right,
• 1:32:51
  Speaker 1: some stuff I promised to promote. Let me before I
• 1:32:53
  Speaker 1: get to the sponsors want to I want to tell
• 1:32:56
  Speaker 1: everybody about something going on in Australia. All you Azzi's
• 1:32:59
  Speaker 1: out there, all my Australian supporters and I know a
• 1:33:03
  Speaker 1: lot of them and a lot of Australian listeners. There
• 1:33:07
  Speaker 1: is right now a go fund Me campaign going on
• 1:33:13
  Speaker 1: to fund a project to basically organize a showing of
• 1:33:21
  Speaker 1: We the Living in Australia, the movie We the Living,
• 1:33:25
  Speaker 1: which is a fantastic, beautiful, amazing adaptation of Aneman's novel.
• 1:33:34
  Speaker 1: You know, I think it's one. It's a remarkable movie.
• 1:33:37
  Speaker 1: It's a cinematic triumph. It's been the original movie that
• 1:33:42
  Speaker 1: was made in nineteen forty two. It has been cleaned,
• 1:33:45
  Speaker 1: the dialogue has been improved, the subtitles have been made better,
• 1:33:49
  Speaker 1: and the movie's me traveling around the world and being
• 1:33:52
  Speaker 1: shown and now there's a plan to show it in Australia.
• 1:33:57
  Speaker 1: The Australian Center for Objectivism, the official once is going
• 1:34:01
  Speaker 1: to is working on an official Australian premiere in November
• 1:34:08
  Speaker 1: twenty twenty six, and they are looking to raise ten
• 1:34:12
  Speaker 1: thousand dollars to bring it all together right hopefully, you know,
• 1:34:17
  Speaker 1: such a premiere will bring together admirers of Ironman from
• 1:34:20
  Speaker 1: all across Australia and maybe beyond for kind of a
• 1:34:24
  Speaker 1: once a generation cultural event. That is the plan. They'll
• 1:34:29
  Speaker 1: have international, national, local visitors and they'll do this again
• 1:34:35
  Speaker 1: in Melbourne. This is a description from the GoFundMe site.
• 1:34:40
  Speaker 1: The evening will begin with a galea reception featuring drinks,
• 1:34:43
  Speaker 1: canopies and the opportunity to meet fellow supporters of Ironman's
• 1:34:47
  Speaker 1: ideas from round Australia. Guests will then enjoy an introduction
• 1:34:51
  Speaker 1: by Duncan Scott. He's the guy who has actually cleaned
• 1:34:54
  Speaker 1: and is actually traveling the world and exposing people to
• 1:35:00
  Speaker 1: this beautiful movie, followed by the Australian premiere screening of
• 1:35:05
  Speaker 1: The We the Living. The evening will conclude with a
• 1:35:06
  Speaker 1: live audience Q and A giving attendees the rare opportunity
• 1:35:10
  Speaker 1: to firsthand to get the first hand story of the
• 1:35:12
  Speaker 1: film's restoration and extraordinary journey. I mean, it has an
• 1:35:16
  Speaker 1: amazing story which I think I've told in the show,
• 1:35:19
  Speaker 1: and Duncan's been on the show and I'll have him
• 1:35:22
  Speaker 1: again on again to talk about this again. Duncan Scott
• 1:35:26
  Speaker 1: will be there and he'll be traveling for the United
• 1:35:31
  Speaker 1: States to tell the story about this. After the premiere,
• 1:35:36
  Speaker 1: We the Living will be screened across Melbourne, Sydney, Brisbane
• 1:35:40
  Speaker 1: and Perth throughout twenty twenty seven bring the artovine rant
• 1:35:44
  Speaker 1: an Australian audience on a national scale for the first time.
• 1:35:48
  Speaker 1: So they're trying to raise ten thousand dollars. They've raised
• 1:35:52
  Speaker 1: about two thousand so far. I know that you guys,
• 1:35:57
  Speaker 1: I have a lot of very generous Australian supporters here.
• 1:36:03
  Speaker 1: It would be great if you guys helped make this happen.
• 1:36:06
  Speaker 1: If you go to go fund me and just search
• 1:36:11
  Speaker 1: iron Ran with the Living, I think you'll find it.
• 1:36:13
  Speaker 1: Go fund me dot com and search for With the
• 1:36:17
  Speaker 1: Living iron RAN's With the Living. You'll find it and
• 1:36:22
  Speaker 1: hopefully we'll get to ten thousand. I think one of
• 1:36:26
  Speaker 1: the one of the goals is if they get if
• 1:36:29
  Speaker 1: they raise significantly more than ten thousand, If they go
• 1:36:32
  Speaker 1: beyond the ten thousand goal, then they will actually invite
• 1:36:38
  Speaker 1: me to come to Australia, and I probably won't be
• 1:36:41
  Speaker 1: able to go in November to the premiere, but maybe
• 1:36:44
  Speaker 1: for one of the other screenings. So if you want
• 1:36:47
  Speaker 1: to be really generous and say some of this money
• 1:36:49
  Speaker 1: should go to fund transportation for you on to come
• 1:36:54
  Speaker 1: to Australia because I'm expensive because Australia is far and
• 1:36:58
  Speaker 1: I would travel business class there. But again with the
• 1:37:02
  Speaker 1: living is not to be missed. It is AOO It's
• 1:37:06
  Speaker 1: a phenomenal experience. It's the best movie of an Iron
• 1:37:11
  Speaker 1: RN book. So you know, go for it and hopefully
• 1:37:18
  Speaker 1: again some I don't know the Australians are not here today.
• 1:37:21
  Speaker 1: I don't know what time it is in Australia. Now.
• 1:37:24
  Speaker 1: I think the Australians come more when I'm doing my
• 1:37:26
  Speaker 1: show in the in the evening in the US. But anyway,
• 1:37:31
  Speaker 1: you guys listen, not live, I'm sure go to the
• 1:37:33
  Speaker 1: go fund me and uh and support it. It really
• 1:37:37
  Speaker 1: is something worth supporting. All right, What else did I
• 1:37:43
  Speaker 1: want to say? Yes, I'm an institute. Remind you of
• 1:37:48
  Speaker 1: the Austin Conference. The Austin Conference, you can anybody can go,
• 1:37:53
  Speaker 1: but if you're under thirty five years old, the thirty
• 1:37:55
  Speaker 1: five and under you can get a scholarship. You can
• 1:37:58
  Speaker 1: find information about the Austin con offense at Iman dot
• 1:38:01
  Speaker 1: Oak slash ybs ybs Thern Book Show and you can
• 1:38:09
  Speaker 1: you can apply for a scholarship and the sculptships are
• 1:38:11
  Speaker 1: pretty pretty generous. You can also probably if you want
• 1:38:14
  Speaker 1: to sign up and pay, you can get Thern Book
• 1:38:17
  Speaker 1: Show discount. You know, ten ybs twenty six was it
• 1:38:23
  Speaker 1: twenty six ybs ten? I think it's twenty six ybs ten,
• 1:38:26
  Speaker 1: twenty six ybs ten. Enerick says, With the Living has
• 1:38:32
  Speaker 1: been available at times streaming on DVD. Yes, but here's
• 1:38:36
  Speaker 1: the difference. The version being screened right now has never
• 1:38:40
  Speaker 1: been That is, the version being screened now is cleaner,
• 1:38:44
  Speaker 1: the visuals are better, the sound is a significant improvement,
• 1:38:49
  Speaker 1: and even the subtitles have been improved. And that version,
• 1:38:52
  Speaker 1: that cleaned up version, has never been streamed or in DVD.
• 1:38:56
  Speaker 1: So I encourage you to go see it. Hopefully Duncan
• 1:39:02
  Speaker 1: at some point will put it up on Netflix. But
• 1:39:05
  Speaker 1: I think at this point he's trying to create these
• 1:39:08
  Speaker 1: kind of events in different countries where people come and
• 1:39:11
  Speaker 1: they experience it firsthand. So help make this happen in Australia.
• 1:39:16
  Speaker 1: Those Aussies, they really need it at this point, all right,
• 1:39:20
  Speaker 1: Alex Epstein is the number one authority on all things
• 1:39:24
  Speaker 1: energy and data centers and fossil fuels. I mean, checkout
• 1:39:29
  Speaker 1: is unbelievably educational and an enlightening substack Alex Epstein dot
• 1:39:35
  Speaker 1: substack dot com, Alex Epstein dot substack dot com. Hendershot
• 1:39:41
  Speaker 1: Wealth dot com, slash ybs hendersholl Wealth dot com slash ybs.
• 1:39:45
  Speaker 1: Henders Our Wealth is a sponsor of the show, and
• 1:39:47
  Speaker 1: they are offering products that help you save a lot
• 1:39:51
  Speaker 1: of money on capital gains taxes. Maybe maybe that's a
• 1:39:53
  Speaker 1: space X stock that just went public and you're going
• 1:39:56
  Speaker 1: to sell it and have a massive capital gains liability,
• 1:40:00
  Speaker 1: particularly if you live in California, and you know, they
• 1:40:04
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• 1:40:08
  Speaker 1: that will basically defer your capital gains tax way into
• 1:40:13
  Speaker 1: the future, reduce your capital gains tax liability significantly. Actually,
• 1:40:17
  Speaker 1: the company that Hendershot is working with, AQR, has actually
• 1:40:22
  Speaker 1: been in news for having these tax strategies and and
• 1:40:25
  Speaker 1: they've been uh, you know, accused of helping people if
• 1:40:29
  Speaker 1: aid their taxes. So it works, it works, all right. Finally,
• 1:40:37
  Speaker 1: Uh Michael Williams of Defenders of capitalism. I mean you know,
• 1:40:40
  Speaker 1: as you know, Defenders of Capitalism is a sponsor. I've
• 1:40:42
  Speaker 1: been working with MIKEL Williams on Definders of Capitalism website
• 1:40:45
  Speaker 1: and the project for many years. The one place where
• 1:40:48
  Speaker 1: Defenders of Capitalism is put into action is a leadership
• 1:40:52
  Speaker 1: program of the Rockies, which is a training ground for
• 1:40:56
  Speaker 1: anybody who really wants to be engaged in politics and
• 1:40:59
  Speaker 1: in cultural activism. It's a program with about sixty seventy people.
• 1:41:04
  Speaker 1: They meet once a month on a Friday for nine
• 1:41:07
  Speaker 1: months for full day of lectures, debates, discussions and training
• 1:41:13
  Speaker 1: and how to be become a better communicator of ideas.
• 1:41:17
  Speaker 1: And Michael and I basically do the capitalism segment of this.
• 1:41:20
  Speaker 1: We basically defend capitalism as part of leadership program in
• 1:41:24
  Speaker 1: the Rockies. Now people fly in for this from all
• 1:41:27
  Speaker 1: over the country. It's not just in Colorado, so you
• 1:41:31
  Speaker 1: can find from any anywhere and do it. And it's
• 1:41:35
  Speaker 1: a fabulous program. Again, I've been involved since two thousand
• 1:41:38
  Speaker 1: and three. I've been teaching there. I go at least twice,
• 1:41:41
  Speaker 1: sometimes three sometimes more a year to give a talk
• 1:41:45
  Speaker 1: at Leadership prom the Rockeys and on capitalism and fall
• 1:41:50
  Speaker 1: policy and they've used other people. They've had Brett Thompson,
• 1:41:55
  Speaker 1: they've had Ilanzono, they've had yeah, I think Peter Schwitz
• 1:42:01
  Speaker 1: was there once. Anyway, they've had other people speaking there
• 1:42:05
  Speaker 1: over the years. Objectivists and yeah, you should check it out.
• 1:42:09
  Speaker 1: You should check it out. Leadership program dot org. Leadership
• 1:42:13
  Speaker 1: program dot og, and do it now, do it today
• 1:42:15
  Speaker 1: because registration for the program and you have to be admitted,
• 1:42:19
  Speaker 1: you have to apply. It's competitive and it costs money.
• 1:42:23
  Speaker 1: But Leadership program dot og that's where you find the information.
• 1:42:27
  Speaker 1: That's where you can apply. All right, Okay, finally, I
• 1:42:37
  Speaker 1: want to remind you all super chats. Let's see how
• 1:42:39
  Speaker 1: we're doing on super Chats. We're going to go into
• 1:42:41
  Speaker 1: the third hour, you know, but we still need basically
• 1:42:45
  Speaker 1: one hundred dollars ninety six dollars to make it the
• 1:42:49
  Speaker 1: second hour goal. So let's try to do the ninety
• 1:42:51
  Speaker 1: six dollars at least and maybe even creep into the
• 1:42:55
  Speaker 1: creep into the third hour, which which would take us
• 1:42:59
  Speaker 1: to the two fifty. That'd be great. Patreon, don't forget.
• 1:43:06
  Speaker 1: You can support the show on a monthly basis on
• 1:43:08
  Speaker 1: Patreon if you're listening on a podcast now it's a
• 1:43:11
  Speaker 1: great time to just put that aside for a second.
• 1:43:13
  Speaker 1: Go to Patreon, become a monthly supporter, and then forget
• 1:43:16
  Speaker 1: about it. Don't have to worry about it. The ten
• 1:43:18
  Speaker 1: dollars you get the actual podcast with no commercials. You've
• 1:43:22
  Speaker 1: been asking for this for years now, I want a
• 1:43:25
  Speaker 1: podcast without commercials. Well you can get it for ten
• 1:43:27
  Speaker 1: bucks a month. So to go to a Patreon, sign
• 1:43:33
  Speaker 1: up for ten months for ten dollars a month on
• 1:43:37
  Speaker 1: a regular basis, you don't have to think about supporting
• 1:43:39
  Speaker 1: your one book show anymore, and you get the podcast
• 1:43:41
  Speaker 1: for free. Of course, you can also do twenty five
• 1:43:44
  Speaker 1: where you get to participate on the panel of the
• 1:43:47
  Speaker 1: AMA once a month. You could do one hundred. You
• 1:43:49
  Speaker 1: could do five hundred where you get once a month
• 1:43:51
  Speaker 1: one on one with me. So you can do it
• 1:43:53
  Speaker 1: any level. But ten dollars is the entry point because
• 1:43:56
  Speaker 1: that is that's a great entry point because that's where
• 1:43:59
  Speaker 1: you get the podcast commercial free. All right, let's jump
• 1:44:03
  Speaker 1: in with the super chat now. I got a super
• 1:44:04
  Speaker 1: chat question email to me a while ago, and I
• 1:44:08
  Speaker 1: mean derelict in not getting to it sooner, So I'm
• 1:44:13
  Speaker 1: gonna answer it now. This was I'm not gonna mention
• 1:44:16
  Speaker 1: the name because he'd like to be anonymous because it's
• 1:44:18
  Speaker 1: a kind of a personal intimate question. So I'm gonna
• 1:44:22
  Speaker 1: do it anonymous, so I'm not gonna see who it is.
• 1:44:26
  Speaker 1: But here's here's the questions from from a young listener.
• 1:44:30
  Speaker 1: He says, as a young objectivist, I'm sexually drawn to women.
• 1:44:34
  Speaker 1: I share no values with strangers, friends. Friends. Sounds weird
• 1:44:41
  Speaker 1: because friends of people you should have you you you,
• 1:44:45
  Speaker 1: I assume you share values with right, so that that
• 1:44:50
  Speaker 1: seems conflicted unless your friendships are not value oriented, and
• 1:44:55
  Speaker 1: then that's a problem too. He says, I manage with
• 1:45:00
  Speaker 1: paid happy endings. How should I think about desire that
• 1:45:06
  Speaker 1: doesn't track my values? And what's a rational view of sex?
• 1:45:13
  Speaker 1: I mean, that's a big topic, but you know, let
• 1:45:16
  Speaker 1: me let me at least let me ask a part
• 1:45:18
  Speaker 1: of this. So how do you deal with it? Well, first,
• 1:45:23
  Speaker 1: I think you have to really ask yourself why, And
• 1:45:25
  Speaker 1: you have to really introspect about why is it that
• 1:45:28
  Speaker 1: they're sexually attracted two strangers, and why is it that
• 1:45:35
  Speaker 1: you've divorced sex from values from love? Now, I get
• 1:45:43
  Speaker 1: you know that you're young and you have sexual desires,
• 1:45:47
  Speaker 1: and you might be attracted to, you know, uh, certain
• 1:45:52
  Speaker 1: physical features of the other sex. Uh, and you might
• 1:45:56
  Speaker 1: just want to get off, right, you might just want
• 1:45:59
  Speaker 1: But even if that's the case, even if you go
• 1:46:04
  Speaker 1: for happy endings or whatever, you're missing out. I mean,
• 1:46:10
  Speaker 1: that's the thing. It's it's not the immorality of paying
• 1:46:12
  Speaker 1: for happy endings, it's the missing out that is the
• 1:46:16
  Speaker 1: sad part. That is the missing out on a romantic,
• 1:46:20
  Speaker 1: real love relationship that involves that involve sex. And I'm
• 1:46:26
  Speaker 1: a little worried about the fact that you're you say
• 1:46:30
  Speaker 1: women I share no values with, and then you include
• 1:46:32
  Speaker 1: friends with that. I mean, your friends should be people
• 1:46:36
  Speaker 1: you share values with. And then you should look for
• 1:46:42
  Speaker 1: friends that you share values with. And you can admire
• 1:46:45
  Speaker 1: that you can, that you can love that you can
• 1:46:47
  Speaker 1: now you're saying it, that's just not how your sexual
• 1:46:53
  Speaker 1: attraction works. Well, a few things. One is, you know,
• 1:47:01
  Speaker 1: I worry that you convince yourself of that. And and
• 1:47:05
  Speaker 1: then maybe porn has convinced you of that, Maybe consuming
• 1:47:08
  Speaker 1: porn has convinced you of that. That you know that
• 1:47:11
  Speaker 1: sex is this materialistic thing that is unrelated to love
• 1:47:15
  Speaker 1: or or actual values, and you've kind of shut that off.
• 1:47:19
  Speaker 1: But I'd say if that's the case, if it truly
• 1:47:21
  Speaker 1: is that your sexual desire does not track your values,
• 1:47:28
  Speaker 1: or that if you find a woman that you value
• 1:47:31
  Speaker 1: you're not sexually attracted to her, then I think you
• 1:47:35
  Speaker 1: should go see a therapist. I don't know how to
• 1:47:39
  Speaker 1: undo that, but that is you're missing out on a
• 1:47:42
  Speaker 1: big chunk of life, and an important chunk of life
• 1:47:45
  Speaker 1: on a level of intimacy you cannot achieve with a
• 1:47:47
  Speaker 1: happy ending, or with the prostitute, or with with you know,
• 1:47:51
  Speaker 1: one night's stand, one night's stand, or any of those
• 1:47:54
  Speaker 1: other things can give you the thrill and an orgasm,
• 1:47:58
  Speaker 1: but you cannot get the actual intimacy that sex makes possible,
• 1:48:03
  Speaker 1: and the connection and ultimately the pleasure because you know,
• 1:48:08
  Speaker 1: one of the things that makes one of the things
• 1:48:11
  Speaker 1: that with sex is the sex going to be pleasurable.
• 1:48:15
  Speaker 1: That a variety of different levels. But the more you
• 1:48:19
  Speaker 1: the more you have a relationship with one human being,
• 1:48:21
  Speaker 1: with one person, the more you get to know them,
• 1:48:24
  Speaker 1: the more they get to know you, the more you
• 1:48:26
  Speaker 1: get to know what is pleasurable and what is not.
• 1:48:30
  Speaker 1: What maximizes your pleasure. How to do it? You communicate
• 1:48:33
  Speaker 1: with that person, because that's part of what a romantic
• 1:48:36
  Speaker 1: relationship is about, and you make it as pleasurable as
• 1:48:40
  Speaker 1: possible for you. You optimize. You can't do that in
• 1:48:45
  Speaker 1: a one night stand. It's a one night stand. How
• 1:48:48
  Speaker 1: well could you know the other person they know you
• 1:48:50
  Speaker 1: and have this kind of communication and and and explore.
• 1:48:55
  Speaker 1: There's only so much you can explore a one night
• 1:48:56
  Speaker 1: stand or with a happy ending, and sex should be exploration,
• 1:49:02
  Speaker 1: particularly when you're young, figure out what you like to
• 1:49:06
  Speaker 1: do that. You want to find a partner that you
• 1:49:09
  Speaker 1: can do that with over time, not just once, and
• 1:49:12
  Speaker 1: that's it. So you've got to find ways to rethink
• 1:49:17
  Speaker 1: your values and to rethink your relationship with other people.
• 1:49:24
  Speaker 1: So sex is an incredibly important part of life, but
• 1:49:27
  Speaker 1: it's an incredibly important part of life because it's an
• 1:49:30
  Speaker 1: incredibly important part of romantic love. What's really important is
• 1:49:35
  Speaker 1: the romantic love and it's manifestation in sex. Sex is
• 1:49:39
  Speaker 1: not that important if all it is is one night
• 1:49:42
  Speaker 1: stands and happy endings, it's just yeah, it's you know,
• 1:49:49
  Speaker 1: it's pleasurable, but it doesn't have any depth, intimacy, meaning,
• 1:49:53
  Speaker 1: and significance. So objectivism or rational view of sex says,
• 1:49:59
  Speaker 1: you should pursue and it's not easy. You should pursue
• 1:50:03
  Speaker 1: a long term partner, and you should pursue love. You
• 1:50:09
  Speaker 1: should pursue somebody who you really you know there really
• 1:50:14
  Speaker 1: is meaningful to you, that causes you a real emotional response,
• 1:50:19
  Speaker 1: and who you can admire, you can look up to.
• 1:50:25
  Speaker 1: And if you really can't, if there's something, if you
• 1:50:27
  Speaker 1: believe there's some psychological barrier to you doing that, that
• 1:50:31
  Speaker 1: I would suggest talking to a therapist and trying to
• 1:50:34
  Speaker 1: figure out how to get rid of that psychological barrier.
• 1:50:41
  Speaker 2: So you know, it's work, It's work, all right.
• 1:51:02
  Speaker 1: What are we looking at here? All right? I'm just
• 1:51:04
  Speaker 1: looking at the chat. Yeah, I don't know. Hopefully that
• 1:51:08
  Speaker 1: answers your question, and if you want to follow up,
• 1:51:10
  Speaker 1: feel free to do it. I'll try to answer it
• 1:51:12
  Speaker 1: faster than answered that one. Sorry about the delay. All right,
• 1:51:19
  Speaker 1: let's jump into the questions. And again we're ninety six
• 1:51:22
  Speaker 1: dollars short, so stickers stickers two, five, ten, fifty one hundred.
• 1:51:27
  Speaker 1: It would be great if you helped us get to
• 1:51:29
  Speaker 1: where we need to be. Again. Thank you to Wes
• 1:51:33
  Speaker 1: and Nick and Enrick and vn Vin and Alan and
• 1:51:42
  Speaker 1: ex exit. So all of those are stickers. You too
• 1:51:46
  Speaker 1: could be thanked by me by becoming a sticker person.
• 1:51:49
  Speaker 1: Come and become a sticker person, doesn't, doesn't. You don't
• 1:51:52
  Speaker 1: have to ask a question. You just support the show,
• 1:51:54
  Speaker 1: all right? Value for value? You're getting a value by listening.
• 1:51:56
  Speaker 1: I assume you should pay for it. Andrew, I am surprised.
• 1:52:03
  Speaker 1: I was surprised and disturbed to look the Tucker earned
• 1:52:06
  Speaker 1: twenty million dollars podcasting last year. I knew he made
• 1:52:11
  Speaker 1: good money, but not that much. How do you make
• 1:52:14
  Speaker 1: philosophical sense of evil irrationality yielding such a material reward.
• 1:52:19
  Speaker 1: Where is the justice in that? Well, we don't live
• 1:52:21
  Speaker 1: in a just world. We don't. There is no justice
• 1:52:25
  Speaker 1: in it. The reality is that people love Tucker. I
• 1:52:29
  Speaker 1: mean millions of people watch them. And if millions of
• 1:52:32
  Speaker 1: people watch you, then there are lots of people who
• 1:52:35
  Speaker 1: would like to sell products on your show. And you
• 1:52:38
  Speaker 1: could charge a lot of money for selling products on
• 1:52:40
  Speaker 1: your show, and that's how you make twenty million dollars.
• 1:52:44
  Speaker 1: And of course, if millions of people watch you, then
• 1:52:47
  Speaker 1: if you come and give a lecture somewhere, thousands of
• 1:52:50
  Speaker 1: people will come or hundreds of people will come. Some
• 1:52:52
  Speaker 1: people can pay you a lot of money to have
• 1:52:54
  Speaker 1: you come and lecture because a lot of people will
• 1:52:56
  Speaker 1: come and pay to hear you. So it's just it's
• 1:53:00
  Speaker 1: just a market, right, taker is producing something that is
• 1:53:06
  Speaker 1: in demand. I am producing something that's not. That's the
• 1:53:13
  Speaker 1: reality with which we live. There is no demand for
• 1:53:18
  Speaker 1: the stuff I'm supplying, or there's very little demand right
• 1:53:23
  Speaker 1: as compared to Tucker. Right, So yeah, I mean when
• 1:53:29
  Speaker 1: there's an objectivist who is generating twenty million dollars from
• 1:53:33
  Speaker 1: podcasting and an objectivist who's fairly consistent with objectivism, well know,
• 1:53:39
  Speaker 1: we're making real in rows in the culture because now
• 1:53:41
  Speaker 1: there's demand for objectivists right now. There's none right now,
• 1:53:45
  Speaker 1: there's none. And maybe there are ways to increase that demand.
• 1:53:48
  Speaker 1: Maybe there's way is to get closer to Tucker in
• 1:53:51
  Speaker 1: terms of viewership and in terms of income. But it
• 1:53:55
  Speaker 1: certainly seems to be hard right now. Certainly seems to
• 1:53:59
  Speaker 1: be hard right now. But yeah, the world we live
• 1:54:03
  Speaker 1: in is not just. World we live in is not just,
• 1:54:09
  Speaker 1: and markets are not just automatically. Right. If a culture
• 1:54:12
  Speaker 1: is not just, the market just reflects the culture. And
• 1:54:19
  Speaker 1: look in an economic sense, it is just because Tacker
• 1:54:23
  Speaker 1: produces twenty million dollars worth of value for the people
• 1:54:27
  Speaker 1: advertising on a ship. All right, Liam says, I'm watching
• 1:54:34
  Speaker 1: A Q and A with you and on Kong discussing
• 1:54:36
  Speaker 1: some of the psychological motivation as to why evil people
• 1:54:40
  Speaker 1: do what they do. But I find it hard to
• 1:54:46
  Speaker 1: crawl into other people's minds. How are you so certain
• 1:54:50
  Speaker 1: you know what really drives them? Well, I think it's
• 1:54:55
  Speaker 1: by a process of elimination. That is, certain ways of thinking,
• 1:55:03
  Speaker 1: Certain ways of thinking don't lead to evil. So you
• 1:55:07
  Speaker 1: can't reach evil unless you evade, and you know, and
• 1:55:15
  Speaker 1: you're not gonna sustain it, you know, unless you're motivated
• 1:55:21
  Speaker 1: by a negative emotion. What negative emotion could be motivating?
• 1:55:25
  Speaker 1: Love doesn't lead to evil, Passion doesn't lead to evil,
• 1:55:31
  Speaker 1: Valuing doesn't lead to evil. But fear, hatred those do. Now,
• 1:55:38
  Speaker 1: of course you ask why they hate and why are
• 1:55:40
  Speaker 1: they fearful? And at some point the answer is evasion,
• 1:55:44
  Speaker 1: because they evade because they choose to do so, and
• 1:55:48
  Speaker 1: there's nothing beyond that choice. So the only way to
• 1:55:52
  Speaker 1: call into somebody else's skin is to is to exclude
• 1:55:55
  Speaker 1: the things that we know. We know what doesn't lead
• 1:55:58
  Speaker 1: to evil because we experience it and logically, and the
• 1:56:06
  Speaker 1: other thing is you also look at evil and you
• 1:56:09
  Speaker 1: see how it behaves and what kind of character it
• 1:56:13
  Speaker 1: has and how it functions and how it appears. And
• 1:56:20
  Speaker 1: evil people are almost always angry, and they're almost always
• 1:56:25
  Speaker 1: cowards or afraid of stuff. Did they make up stuff
• 1:56:29
  Speaker 1: to be afraid of? So just observing them, you literally
• 1:56:35
  Speaker 1: can't walk go into their minds, but just observing them,
• 1:56:37
  Speaker 1: it seems that that is what is driving them. It's
• 1:56:42
  Speaker 1: the best I have, and I don't have a machine
• 1:56:46
  Speaker 1: that can scan their brains and figure it out. A
• 1:56:53
  Speaker 1: Silvanas came in with one hundred dollars. Thank you, Silvanas.
• 1:56:56
  Speaker 1: That got us to the second hour goal, although we're
• 1:56:58
  Speaker 1: three minutes away from the third hour, but thank you.
• 1:57:02
  Speaker 1: Sevannest that that's great, He says, hello j on being
• 1:57:05
  Speaker 1: a while. Summer is super busy for me, but I'm
• 1:57:08
  Speaker 1: happy to tune in today and support hopefully busy good.
• 1:57:11
  Speaker 1: Hopefully busy good. Can you look into the new ban
• 1:57:14
  Speaker 1: on consumer drones and the Chinese company Dji. Yeah, I
• 1:57:19
  Speaker 1: mean it. This has to do with the story I
• 1:57:22
  Speaker 1: said today about the British drone boats that these British
• 1:57:28
  Speaker 1: special forces are using, and the fact that it turns
• 1:57:32
  Speaker 1: out that there are components on there are made in
• 1:57:34
  Speaker 1: China and they were transmitting information to a Chinese server somewhere,
• 1:57:40
  Speaker 1: there is real fear that the Dji drones will you know,
• 1:57:48
  Speaker 1: there's a legitimate few. I guess that they will transmit
• 1:57:51
  Speaker 1: information back to China and all that. You know, they
• 1:57:57
  Speaker 1: could use those drones too some nefarious reason in the
• 1:58:01
  Speaker 1: United States. I don't know how legit all that is.
• 1:58:04
  Speaker 1: I don't have any intelligence information about it. I suspect,
• 1:58:09
  Speaker 1: you know, but I can't prove this. I suspect that
• 1:58:12
  Speaker 1: a lot of it has to do with the fact
• 1:58:13
  Speaker 1: that Dji makes cheap, really really good drones that are
• 1:58:20
  Speaker 1: hard to compete with. And I wouldn't be surprised if
• 1:58:23
  Speaker 1: for American drone makers, not just for military applications, but
• 1:58:26
  Speaker 1: for commercial and hobby applications, asked the administration to put
• 1:58:31
  Speaker 1: this band in place. Wouldn't surprise me at all. So,
• 1:58:35
  Speaker 1: while the excuse given is national security, and a national
• 1:58:38
  Speaker 1: security excuse is not crazy, I'm dubious about this one.
• 1:58:46
  Speaker 1: Just because these are not drones used in military there
• 1:58:51
  Speaker 1: must be a way I mean, what if they do
• 1:58:54
  Speaker 1: transmit information back? What kind of information could they have?
• 1:58:58
  Speaker 1: It's very difficult to draw to fly a DJI drone
• 1:59:02
  Speaker 1: in any kind of sensitive area. So for example, I
• 1:59:05
  Speaker 1: can't fly I have a dj I drone. I couldn't
• 1:59:07
  Speaker 1: fly it near my house in Puerto Rico because I
• 1:59:10
  Speaker 1: was too close to an airport. It literally a drone
• 1:59:13
  Speaker 1: wouldn't take off. They have software that suppresses its ability
• 1:59:16
  Speaker 1: to take off, and you could demand that kind of
• 1:59:19
  Speaker 1: software beyond the drone if you were concerned. You could
• 1:59:21
  Speaker 1: have zones in America that are that are out of
• 1:59:24
  Speaker 1: reach of civilian drones. I'm sure we have that already.
• 1:59:27
  Speaker 1: So my guess is they're using the national security excuse
• 1:59:33
  Speaker 1: to give give an advantage to American competitors. But I'll
• 1:59:41
  Speaker 1: look into it more. But that is my That is
• 1:59:43
  Speaker 1: my sense from when I read about it originally. Andrew
• 1:59:53
  Speaker 1: a bit of a bit of humor by Bill Maher
• 1:59:56
  Speaker 1: on a sad state of affairs you are now says
• 2:00:00
  Speaker 1: it will fully open the state of homos except Israeli
• 2:00:03
  Speaker 1: in US ships. This really pissed off Trump. He said,
• 2:00:07
  Speaker 1: you're so lucky we're out of missiles. I mean I'm
• 2:00:16
  Speaker 1: sure Bill Maher said that, But did Trump actually say that.
• 2:00:21
  Speaker 1: I wouldn't be surprised. God, all right, that is a
• 2:00:25
  Speaker 1: sad humor, James. The way I've had so many professors
• 2:00:31
  Speaker 1: attack Iran in such an automatized way suggests they are
• 2:00:36
  Speaker 1: really afraid of her. The overlords have trained them to
• 2:00:40
  Speaker 1: dismiss and ridicule her whenever she is brought up. Yes,
• 2:00:43
  Speaker 1: and almost all of them have not even Red iron Ran.
• 2:00:46
  Speaker 1: Very few of them with Red Ironran. And the ones
• 2:00:49
  Speaker 1: I find that of Red iron Ran don't dismiss her
• 2:00:52
  Speaker 1: that quickly. I mean, I've debated leftist professors who've kind
• 2:00:56
  Speaker 1: of shown a real respect for Iran, and I met
• 2:00:59
  Speaker 1: a lot of leftists who read I render kind of
• 2:01:01
  Speaker 1: respective for going all the way, for being consistent, for
• 2:01:05
  Speaker 1: being secular and pro reason, And yeah, they disagree with
• 2:01:08
  Speaker 1: her about capitalism and about a bunch of other things.
• 2:01:11
  Speaker 1: But the ones who read her respect tend to respect
• 2:01:15
  Speaker 1: her it a little bit, and the ones who don't
• 2:01:17
  Speaker 1: read her tend to be just me jerk dismissive author.
• 2:01:25
  Speaker 1: It puzzles me how anyone can read out with the
• 2:01:28
  Speaker 1: shrug that not be changed by it is that what
• 2:01:31
  Speaker 1: it means to be smooth brained. I don't know what
• 2:01:34
  Speaker 1: smooth brain means. The ideas just passed right through. Yeah maybe,
• 2:01:39
  Speaker 1: I mean, I've never heard smooth brained. I think it
• 2:01:42
  Speaker 1: just is an issue of honesty in its issue of
• 2:01:45
  Speaker 1: how engaged you are, how how to what extent are
• 2:01:49
  Speaker 1: you a thinker? Again, I refer you to ein Rand's Whoops.
• 2:01:59
  Speaker 1: What I refer to Iinran's The Missing Link, to the
• 2:02:07
  Speaker 1: idea that not everybody is a thinker. You can find,
• 2:02:13
  Speaker 1: by the way, my analysis of that essay, Oh, my
• 2:02:15
  Speaker 1: discussion of that is not really an analysis. Discussion on
• 2:02:18
  Speaker 1: the Members Only channel, we did a show just on that.
• 2:02:21
  Speaker 1: I need to do a member's only show while I'm
• 2:02:23
  Speaker 1: traveling now, and I will in the next few weeks.
• 2:02:26
  Speaker 1: But we had one like that, and you should become
• 2:02:30
  Speaker 1: a member. You should all become members. And as a
• 2:02:32
  Speaker 1: member you can listen to all the old shows. And
• 2:02:36
  Speaker 1: one of those is on the Missing Link. And I
• 2:02:37
  Speaker 1: think the Missing Link answers a lot of that. Some
• 2:02:40
  Speaker 1: people just don't think. They don't use their minds, not
• 2:02:44
  Speaker 1: above a certain level of abstraction, not to really ask
• 2:02:48
  Speaker 1: the next question, reach a certain point and they're satisfied,
• 2:02:53
  Speaker 1: and they will not you know, they'll not entertain any
• 2:02:58
  Speaker 1: more questions anymore why and they those people will read
• 2:03:04
  Speaker 1: Atlas Shrugged. Then yeah, nothing will change, nothing will happen
• 2:03:08
  Speaker 1: because the abstract ideas of Atlas Shrugged don't penetrate and
• 2:03:13
  Speaker 1: they just get the story and they kind of find
• 2:03:15
  Speaker 1: it cool and the businessmen and heroes and that's okay,
• 2:03:19
  Speaker 1: and that's great, and that's it, and they don't learn
• 2:03:21
  Speaker 1: anything beyond that. Author says, is nihilism deeper than envy
• 2:03:30
  Speaker 1: or is it the natural manifestation of envy. It's certainly
• 2:03:33
  Speaker 1: a manifestation. One of the manifestations of envy is nihilism.
• 2:03:38
  Speaker 1: So nihilists often are motivated by envy. But it goes
• 2:03:42
  Speaker 1: in both directions. I think somebody can buy into a
• 2:03:45
  Speaker 1: nihilistic philosophy and that ultimately can lead in to be envious.
• 2:03:52
  Speaker 1: So I don't think. I don't think these relationships just
• 2:03:54
  Speaker 1: going one way ideas in psychology, envy as a psychological attribute,
• 2:04:01
  Speaker 1: nihilism is a philosophical ideological attribute, and one can lead
• 2:04:05
  Speaker 1: to the other, but it can go in both directions,
• 2:04:07
  Speaker 1: and they reinforce one another. Not you have ay algorithm.
• 2:04:14
  Speaker 1: Can you do a show discussing how to handle mixed
• 2:04:17
  Speaker 1: cases and complex issues and applying objectivism in an international world? Yes,
• 2:04:22
  Speaker 1: but you have to give me some examples of what
• 2:04:23
  Speaker 1: you need. Not you have ag algorithm, So give me
• 2:04:26
  Speaker 1: a list. Send me an email you on at your
• 2:04:27
  Speaker 1: on book show dot com with a list of the
• 2:04:30
  Speaker 1: kind of issues that you find that are mixed cases
• 2:04:34
  Speaker 1: that are complex in your mind, because otherwise it's too
• 2:04:38
  Speaker 1: floating and what I view is mixed or complex might
• 2:04:42
  Speaker 1: not be what you view. So send me some examples.
• 2:04:46
  Speaker 1: It'll be much easier for me and much more likely
• 2:04:48
  Speaker 1: than I do the show. If you do that, not
• 2:04:52
  Speaker 1: your algorithm goes on thoughts unsane. Don't seek revenge fuel
• 2:04:58
  Speaker 1: rotten boots falls on its own. I mean that means,
• 2:05:09
  Speaker 1: you know, if a murderer is out there murdering, the
• 2:05:12
  Speaker 1: only reason we want to catch him is because you
• 2:05:14
  Speaker 1: might murder again. But not for justice, not for revenge.
• 2:05:17
  Speaker 1: I mean justice is a revenge is a form of justice. No,
• 2:05:21
  Speaker 1: I don't buy it. So it depends what the revenge
• 2:05:25
  Speaker 1: costs you. So don't seek revenge when the costs are
• 2:05:29
  Speaker 1: high and the benefits small. But you should seek justice
• 2:05:34
  Speaker 1: when you can, and even if that's justice is revenge,
• 2:05:39
  Speaker 1: and if it doesn't cost much, and you know, don't
• 2:05:45
  Speaker 1: let hate and revenge dominate your life and become all consuming.
• 2:05:52
  Speaker 1: But I'm pro hate and pro revenge. I don't think
• 2:05:56
  Speaker 1: those are negatives. I think they're only negatives if they
• 2:06:00
  Speaker 1: become obsessions. Right, And it is true the rotten food
• 2:06:06
  Speaker 1: falls in its own but it can take a long
• 2:06:09
  Speaker 1: time and might not fall far enough, It might not
• 2:06:12
  Speaker 1: rot deeply enough. Thomas says, I enjoyed your show about Franco.
• 2:06:19
  Speaker 1: I was never a fan, but I really had no
• 2:06:22
  Speaker 1: idea how taliban esque his government was. Hard core Catholicism
• 2:06:28
  Speaker 1: was the dominant feature. Yeah, very much, so, very much so.
• 2:06:31
  Speaker 1: And you know, in a repression and no free speech
• 2:06:34
  Speaker 1: and all the things we know that authoritarians engage in.
• 2:06:38
  Speaker 1: So really bad. By the way, Nick Show with Nichols
• 2:06:41
  Speaker 1: on Saturday. On Sunday will be on MAO, Mouse China.
• 2:06:45
  Speaker 1: Mouse China will be fascinating show. There's a lot to
• 2:06:48
  Speaker 1: talk about mouse China. And as Nico says, as bad
• 2:06:51
  Speaker 1: as you think it was, it was actually worse, all right. Eric.
• 2:06:58
  Speaker 1: I came across a book by Walter Williams in the
• 2:07:01
  Speaker 1: breakroom at work. It looks like a compilation of essays
• 2:07:05
  Speaker 1: and articles he wrote after reading a few of the articles.
• 2:07:09
  Speaker 1: I'm curious if you knew if he was an iron
• 2:07:11
  Speaker 1: Ran fan. Yeah, he was definitely an iron Ran fan.
• 2:07:14
  Speaker 1: He didn't agree with Iran, he was he was an
• 2:07:16
  Speaker 1: anarchist and there were other issues that I think he
• 2:07:21
  Speaker 1: disagreed with ironrand On and he never quite bought into
• 2:07:25
  Speaker 1: I can't bought into self interest and he goes. But
• 2:07:29
  Speaker 1: he was. He definitely read Alas Shrug and a fan
• 2:07:31
  Speaker 1: of Atlas Shrug. And he was a really, really sharp guy.
• 2:07:33
  Speaker 1: I actually got to meet him. I got to have
• 2:07:35
  Speaker 1: dinner with him once with a group of people. Uh.
• 2:07:39
  Speaker 1: Really smart, really sharp, quick and one of the best
• 2:07:44
  Speaker 1: economic commentators out there right in the world. A real
• 2:07:51
  Speaker 1: loss when he passed away a few years ago. All Right, Wes,
• 2:07:57
  Speaker 1: Conservatives like Ben Shapiro and Dan Brett Cringshaw have no
• 2:08:00
  Speaker 1: credibility when they now downplay inflation. What did they say
• 2:08:04
  Speaker 1: during the Biden administration? Yes, I mean to the extent
• 2:08:08
  Speaker 1: that they're downplaying inflation because it's Trump's inflation and Biden's inflation.
• 2:08:13
  Speaker 1: They have no credibility. But on the other hand, look,
• 2:08:16
  Speaker 1: inflation is really bad and it's horrible, but people are
• 2:08:22
  Speaker 1: not taking into account the fact that wages are going
• 2:08:25
  Speaker 1: up faster than the cost of living and pointing that out.
• 2:08:31
  Speaker 1: Now people are accusing me, for example, and I think
• 2:08:36
  Speaker 1: to some extent Shapiro of you know, whitewashing inflation. No,
• 2:08:40
  Speaker 1: it's just pointing out that what people are complaining about inflation,
• 2:08:44
  Speaker 1: they should and inflation is a horrible tax for most people.
• 2:08:51
  Speaker 1: Median income is up more than inflation, so most people's
• 2:08:55
  Speaker 1: stent of living is actually high up even with the inflation.
• 2:08:59
  Speaker 1: And nobody's ms to be making that point, and it's
• 2:09:01
  Speaker 1: worth making. Inflation distorts the economy. It redistributes wealth from
• 2:09:07
  Speaker 1: some people to other people. So it's a horrible, horble
• 2:09:09
  Speaker 1: thing and it should be condemned constantly and all the time.
• 2:09:14
  Speaker 1: But we also can't be destitute about the state of
• 2:09:18
  Speaker 1: the American economy. Although right now the only thing really
• 2:09:21
  Speaker 1: driving the American economy over the last few months have
• 2:09:23
  Speaker 1: been data centers. I'm convinced, not convinced, but I suspect
• 2:09:27
  Speaker 1: that without data center investment we might be in a recession.
• 2:09:33
  Speaker 1: Liam Vance did mention Joe Rogan too, and Joe Rogan
• 2:09:37
  Speaker 1: that wealth creation is a good thing. Along with quoting
• 2:09:41
  Speaker 1: I Rand, does RAND still have some positive influence? And
• 2:09:44
  Speaker 1: his thinking, Yeah, my guess is probably it's somewhere in
• 2:09:48
  Speaker 1: the background there. But what kind of real status does
• 2:09:55
  Speaker 1: it have? I don't know. I don't know if it
• 2:10:01
  Speaker 1: has any if what kind of weight it has. He'll
• 2:10:06
  Speaker 1: say stuff, and then he'll contradict it. So his mind
• 2:10:09
  Speaker 1: is such a mess because he knows some he knows
• 2:10:13
  Speaker 1: good stuff he's written about, you know, positive stuff, and
• 2:10:20
  Speaker 1: then he's got this nationalistic Christian bs is. His mind
• 2:10:26
  Speaker 1: is a mishmash, and therefore it's hard to separate out Ian.
• 2:10:32
  Speaker 1: The open question on AI is how much can it
• 2:10:35
  Speaker 1: do at what cost? Right now we are all paying
• 2:10:38
  Speaker 1: heavily heavy VC subsidized rates, like when Uber is cheaper.
• 2:10:44
  Speaker 1: What does it look like when the subsidy ends? Well, yeah,
• 2:10:50
  Speaker 1: I mean, we don't know. But this is why these
• 2:10:52
  Speaker 1: open source models are so interesting, and why competition from
• 2:10:55
  Speaker 1: China so valuable. Is there certainly seems seem to be
• 2:11:01
  Speaker 1: cheaper options available, so you today can decide how much
• 2:11:04
  Speaker 1: you want to spend on AI. But and like all technology.
• 2:11:09
  Speaker 1: The probability is that it gets cheaper significantly cheap over time,
• 2:11:14
  Speaker 1: given its competitive nature, and it already does a huge amount.
• 2:11:22
  Speaker 1: So even if it only gets marginally better as we
• 2:11:26
  Speaker 1: figure out how to take advantage of it more, because
• 2:11:29
  Speaker 1: I think the biggest barrier right now is it does
• 2:11:31
  Speaker 1: a huge amount, and it's really the missing pieces. We
• 2:11:35
  Speaker 1: have to figure out how to use it, how to
• 2:11:37
  Speaker 1: get it to do the things that we need to do.
• 2:11:39
  Speaker 1: I know in my life I don't use AI enough.
• 2:11:42
  Speaker 1: I should be using AI a lot more. I need
• 2:11:45
  Speaker 1: to figure out how to do that. And when I
• 2:11:47
  Speaker 1: figure out how to do it, the benefit will be
• 2:11:50
  Speaker 1: way way outstrip any cost increased that might happen, and
• 2:11:54
  Speaker 1: I think actually costs are going to come down. It
• 2:12:00
  Speaker 1: is this the biggest military failure in yours history or not?
• 2:12:03
  Speaker 1: I don't know. I mean, look, fifty thousand Americans died
• 2:12:06
  Speaker 1: in Vietnam. It's hard to say this is a bigger
• 2:12:09
  Speaker 1: failure than Vietnam. Certainly in human life, it's the biggest
• 2:12:14
  Speaker 1: unnecessary failure, the biggest easily avoidable failure, the biggest failure
• 2:12:21
  Speaker 1: relative to how easy not being a failure would have
• 2:12:26
  Speaker 1: bew you articulate that exactly exactly, but I think you
• 2:12:30
  Speaker 1: know what, I understand what I mean. Jacob Trump got
• 2:12:35
  Speaker 1: afraid of their fifteen when they're fifteen got shut down,
• 2:12:39
  Speaker 1: so they prioritize standoff munitions rather than Jay Dam's wrong
• 2:12:45
  Speaker 1: tool for the job due to risk aversion. I don't
• 2:12:47
  Speaker 1: know if that story is true. I read that somewhere
• 2:12:50
  Speaker 1: he did get afraid of there fifteen, but the munition's
• 2:12:53
  Speaker 1: problem predates their fifteen because they were already problems with
• 2:12:57
  Speaker 1: the Patriot missiles. And yes, and they we're already using
• 2:13:03
  Speaker 1: huge quantities of Tomahawks early in the war. So I'm
• 2:13:07
  Speaker 1: not sure how much that really explains. It might explain some,
• 2:13:12
  Speaker 1: but I don't think enough. Andrew concrete demonstrations of more
• 2:13:18
  Speaker 1: practical and immoral impractical harmony. Are the US military failures
• 2:13:22
  Speaker 1: since World War Two? Based on just war theory? To
• 2:13:25
  Speaker 1: the extent the theory is applied, a nation will lose, Yes,
• 2:13:28
  Speaker 1: But in this case it's not even just war theory's fault.
• 2:13:32
  Speaker 1: In this case, it's just incompetence. That's the thing about
• 2:13:35
  Speaker 1: this war. It We're not losing it because of just
• 2:13:37
  Speaker 1: war theory, although that helps. We're losing it because Trump's
• 2:13:41
  Speaker 1: an idiot and can't think long term. That's why we're
• 2:13:45
  Speaker 1: losing it. He can't think strategically. Proper travel doesn't always
• 2:13:52
  Speaker 1: mean wealthy. I can't come to Mexico two three times
• 2:13:55
  Speaker 1: a month every summer to stay in hostels and save
• 2:13:58
  Speaker 1: up some money as a low paid remote work. Yes,
• 2:14:02
  Speaker 1: but you know most of the travel. If you traveled
• 2:14:04
  Speaker 1: to Europe and the numbers I was giving, you have
• 2:14:06
  Speaker 1: to do a lot with Europe. That's expensive. It's expensive.
• 2:14:10
  Speaker 1: I know how much hotels cost you, and I can
• 2:14:12
  Speaker 1: see hotels are packed and a lot of people have money,
• 2:14:16
  Speaker 1: a lot of people. I mean a five star hotel
• 2:14:20
  Speaker 1: in London or in Paris costs almost a thousand bucks
• 2:14:24
  Speaker 1: a night, Madrid five six seven hundred bucks a night Rome, Florence.
• 2:14:33
  Speaker 1: I mean we're talking about now. There's a lot of Airbnb,
• 2:14:37
  Speaker 1: but even that is not cheap, and the hotels are packed.
• 2:14:42
  Speaker 1: Even with the Airbnb, it's not like abnb has cannibalized hotels.
• 2:14:47
  Speaker 1: Both are thriving. Interesting from a competitive analysis perspective, I
• 2:14:53
  Speaker 1: like numbers, says Pika's Blood of capitalists talk just hyperbole? Yeah,
• 2:14:58
  Speaker 1: well yes, and evil the guy is a real, real,
• 2:15:02
  Speaker 1: real evil bastard. All right, guys, thank you. I really
• 2:15:07
  Speaker 1: appreciate the support. Thanks to all the super chatters. Thank
• 2:15:10
  Speaker 1: you for all being here and listening. Thank you to
• 2:15:13
  Speaker 1: all the people who listen on YouTube and on whatever
• 2:15:17
  Speaker 1: podcast platform you listen to. Thanks. I will tomorrow there
• 2:15:21
  Speaker 1: will be no show. So Tomorrow, Tuesday, no show. I'm traveling.
• 2:15:25
  Speaker 1: I'm moving to Barcelona. Wednesday will be the first show
• 2:15:28
  Speaker 1: from my office in Barcelona. I've rented an office and
• 2:15:32
  Speaker 1: so Wednesday will start doing shows from there and they'll
• 2:15:35
  Speaker 1: be pretty much every day until I travel again late
• 2:15:40
  Speaker 1: in the month. So look forward to seeing you. All right, Andrew,
• 2:15:43
  Speaker 1: I think is asking you say, just what theory is
• 2:15:46
  Speaker 1: not at fault for Iran? But don't you think it
• 2:15:49
  Speaker 1: informs us unwillingness to do what it takes doing. Yes, absolutely,
• 2:15:53
  Speaker 1: but it's not the main reason. Right. This could have
• 2:15:58
  Speaker 1: been one even with just war theory, because he ranted
• 2:16:02
  Speaker 1: such a week a week opponent. If Trump was just
• 2:16:06
  Speaker 1: had had a strategy, if he was willing, if he
• 2:16:09
  Speaker 1: was able to think with just war theory, without just
• 2:16:14
  Speaker 1: war theory, it could have been one much easier, much quicker.
• 2:16:17
  Speaker 1: And yeah, but even then, I don't think Trump could
• 2:16:21
  Speaker 1: have won it because he can't think so. When you
• 2:16:23
  Speaker 1: have a person who can't think, you're going to lose.
• 2:16:25
  Speaker 1: And I should have known that at the beginning of
• 2:16:26
  Speaker 1: the war and should have never supported this war. All right, everybody,
• 2:16:31
  Speaker 1: I will see you on Wednesday. By