1 00:00:00,120 --> 00:00:03,880 Speaker 1: Okay, remember yesterday we had that conversation about the decline 2 00:00:03,920 --> 00:00:06,199 Speaker 1: of capitalism, support for capitalism. 3 00:00:06,400 --> 00:00:09,120 Speaker 2: Yes, you're about to read a list that I think. 4 00:00:09,039 --> 00:00:14,080 Speaker 1: Is going to reveal some of why that may be happening. 5 00:00:14,280 --> 00:00:17,600 Speaker 3: Did you see that John Fetterman came out and said 6 00:00:17,720 --> 00:00:22,119 Speaker 3: that Democrats were morons who are embracing socialism. Kevin, do 7 00:00:22,120 --> 00:00:22,920 Speaker 3: you have that clip? 8 00:00:23,320 --> 00:00:24,520 Speaker 2: Yeah? 9 00:00:24,600 --> 00:00:28,960 Speaker 4: I literally was in a former communist nation and I 10 00:00:29,000 --> 00:00:31,160 Speaker 4: asked that. I said, some people in my party, some 11 00:00:31,200 --> 00:00:33,920 Speaker 4: of the lefties, are talking about socialism. Now, what do 12 00:00:34,000 --> 00:00:37,960 Speaker 4: you think. He's like, that's the worst thing ever. You're 13 00:00:38,000 --> 00:00:41,559 Speaker 4: going to need a reality check if you ever adopt 14 00:00:41,680 --> 00:00:44,440 Speaker 4: any of those things. You know, like you are morons. 15 00:00:45,360 --> 00:00:45,680 Speaker 5: Okay. 16 00:00:45,720 --> 00:00:49,040 Speaker 1: The problem though is, and he's right about socialism, of course, 17 00:00:49,400 --> 00:00:53,519 Speaker 1: the problem is we claim to have a capitalistic society. 18 00:00:53,600 --> 00:00:54,480 Speaker 5: We really don't. 19 00:00:54,960 --> 00:00:59,480 Speaker 1: The government is heavily involved in everything, and it is 20 00:00:59,520 --> 00:01:02,760 Speaker 1: much more crony capitalism, in which the government picks winners 21 00:01:02,760 --> 00:01:05,800 Speaker 1: and losers and takes your money to pick the winners 22 00:01:05,880 --> 00:01:07,960 Speaker 1: and losers. I mean, see, And you can't just say 23 00:01:08,000 --> 00:01:10,959 Speaker 1: it's Washington, d C. There's certainly Indiana. See the Indian 24 00:01:11,000 --> 00:01:14,200 Speaker 1: Economic Development Corporation in which your money is your hard 25 00:01:14,200 --> 00:01:16,640 Speaker 1: earned money as a middle class person, is taken from 26 00:01:16,680 --> 00:01:20,720 Speaker 1: you and it's given to a shadow government, quasi government 27 00:01:20,840 --> 00:01:22,920 Speaker 1: entity where you can't get a lot of information out 28 00:01:22,920 --> 00:01:25,039 Speaker 1: of them, and they give it to some of the 29 00:01:25,040 --> 00:01:29,680 Speaker 1: most powerful corporations in the world. See I just experienced 30 00:01:29,680 --> 00:01:33,800 Speaker 1: this the Harper Collins building coming to Brownsburg Project Tahoe. Yeah, 31 00:01:33,840 --> 00:01:36,560 Speaker 1: and I asked, hey, can you guys tell me how 32 00:01:36,600 --> 00:01:41,200 Speaker 1: much of my money is going to Harper Collins. 33 00:01:42,040 --> 00:01:45,440 Speaker 2: No, I'm not right, you don't get to know. 34 00:01:45,680 --> 00:01:49,560 Speaker 1: So people, we don't really have a capitalistic society, or 35 00:01:49,560 --> 00:01:52,400 Speaker 1: that that's the problem. The government is picking winners and losers. 36 00:01:52,440 --> 00:01:55,639 Speaker 1: The government is taking money from poor and middle class 37 00:01:55,640 --> 00:01:59,760 Speaker 1: people and elevating further elevating elites and enhancing their fortunes. 38 00:02:00,040 --> 00:02:02,240 Speaker 1: And people see this and they say this isn't working 39 00:02:02,280 --> 00:02:04,480 Speaker 1: for me. And the problem is we tell them this 40 00:02:04,560 --> 00:02:07,240 Speaker 1: is capitalism. We tell them what the government is doing, 41 00:02:07,240 --> 00:02:09,760 Speaker 1: what our society is doing, is capitalism. So it's only 42 00:02:09,880 --> 00:02:12,960 Speaker 1: natural if they feel the system's rigged, which it is 43 00:02:13,240 --> 00:02:16,000 Speaker 1: rigged against them, which it is, they're going to have 44 00:02:16,080 --> 00:02:19,160 Speaker 1: a negative opinion about capitalism because they're told that's what this. 45 00:02:19,320 --> 00:02:22,920 Speaker 3: Is Okay, So Forbes came out with their four hundred 46 00:02:23,080 --> 00:02:26,480 Speaker 3: Richest Americans. It's a new list. Guess who's on top 47 00:02:26,600 --> 00:02:29,760 Speaker 3: richest person, Elon Musk. Yep, for the fourth consecutive year. 48 00:02:29,880 --> 00:02:30,560 Speaker 5: What's the number? 49 00:02:31,080 --> 00:02:35,360 Speaker 3: The number for Elon Musk four hundred and twenty eight billion. Okay, 50 00:02:35,480 --> 00:02:38,280 Speaker 3: so he's the first person to ever exceed four hundred 51 00:02:38,320 --> 00:02:39,359 Speaker 3: billion on the Forbes list. 52 00:02:39,400 --> 00:02:42,679 Speaker 1: Okay, so this is you know, people see this, they'll 53 00:02:42,680 --> 00:02:46,600 Speaker 1: see these numbers and they will say hey, and they're 54 00:02:46,639 --> 00:02:49,720 Speaker 1: not people that are radical leftists. They're not people that 55 00:02:49,760 --> 00:02:53,440 Speaker 1: are you know, extremists. But it's a natural human instinct 56 00:02:53,440 --> 00:02:55,919 Speaker 1: to say, hey, well, I don't mind people being wealthy. 57 00:02:56,840 --> 00:02:57,000 Speaker 5: You know. 58 00:02:57,040 --> 00:03:00,440 Speaker 1: I get up and work hard every day. I punched 59 00:03:00,480 --> 00:03:05,840 Speaker 1: the clock, I raise my kids, I contribute to society. 60 00:03:05,840 --> 00:03:07,880 Speaker 1: I coach Little League, and I do all the things. 61 00:03:08,680 --> 00:03:11,960 Speaker 1: And I'm kind of struggling to pay my mortgage or 62 00:03:11,960 --> 00:03:13,800 Speaker 1: my medical bills or. 63 00:03:15,200 --> 00:03:21,000 Speaker 5: Stay afloat much. Let's get ahead. And while I don't 64 00:03:21,040 --> 00:03:21,680 Speaker 5: think it's. 65 00:03:21,680 --> 00:03:23,760 Speaker 1: Right that some guy is worth four hundred and twenty 66 00:03:23,800 --> 00:03:25,520 Speaker 1: eight billion, and I'm trying to live life the right 67 00:03:25,560 --> 00:03:29,480 Speaker 1: way and I can't even pay the basics and look, 68 00:03:29,520 --> 00:03:31,360 Speaker 1: I'm not a guy that thinks that there should be 69 00:03:31,520 --> 00:03:35,400 Speaker 1: limits on wealth. But Elon Musk has utilized the government 70 00:03:35,480 --> 00:03:37,960 Speaker 1: to enhance his wealth. He is what we just described 71 00:03:38,000 --> 00:03:40,480 Speaker 1: you and people see that, and they know that that 72 00:03:40,600 --> 00:03:43,440 Speaker 1: is not capitalism when people use the government to enhance 73 00:03:43,760 --> 00:03:47,040 Speaker 1: their wealth, or the government favors somebody and helps enhance 74 00:03:47,080 --> 00:03:49,640 Speaker 1: their wealth. And so no one should be surprised that 75 00:03:49,720 --> 00:03:52,720 Speaker 1: there is a decline of support for capitalism when they're 76 00:03:52,760 --> 00:03:54,800 Speaker 1: told that's what this is what capitalism is. 77 00:03:55,000 --> 00:03:57,160 Speaker 3: Nine of the top ten richest people all made their 78 00:03:57,160 --> 00:04:01,760 Speaker 3: fortune in technology, and the combined wealth of the top 79 00:04:01,800 --> 00:04:05,960 Speaker 3: four hundred Americans hit a record six point six trillion dollars. 80 00:04:06,400 --> 00:04:10,080 Speaker 3: That's up over a trillion dollars from last year. So 81 00:04:11,200 --> 00:04:15,000 Speaker 3: not only is it there, it's growing, it's growing exponentially 82 00:04:15,240 --> 00:04:16,760 Speaker 3: a trillion dollars. 83 00:04:17,080 --> 00:04:20,960 Speaker 5: Yeah. Look, you look at the history of the world. 84 00:04:21,080 --> 00:04:26,880 Speaker 1: Revolutions happen, governments get toppled overthrown, et cetera. When people 85 00:04:27,000 --> 00:04:30,279 Speaker 1: feel a sense of hopelessness, when they feel like no 86 00:04:30,320 --> 00:04:33,240 Speaker 1: matter what they do, they can't even stay afloat much 87 00:04:33,320 --> 00:04:36,080 Speaker 1: less get ahead. And I'm not saying we're there in 88 00:04:36,120 --> 00:04:39,200 Speaker 1: this country, and it will probably be a long time 89 00:04:39,320 --> 00:04:41,640 Speaker 1: before we get there, just because of the one, the 90 00:04:41,760 --> 00:04:45,040 Speaker 1: vast array of land in this country, the state system 91 00:04:45,080 --> 00:04:47,279 Speaker 1: that's set up. All of these things make the United 92 00:04:47,320 --> 00:04:51,479 Speaker 1: States unique compared to other circumstances in which this has happened. 93 00:04:52,520 --> 00:04:56,680 Speaker 1: But when you start seeing these guys in these major cities, 94 00:04:56,800 --> 00:05:01,360 Speaker 1: these major blue cities, these socialists get elected, it's the beginning. 95 00:05:01,400 --> 00:05:05,279 Speaker 1: It's the opening salvo on this because our current system 96 00:05:05,400 --> 00:05:08,880 Speaker 1: doesn't work for so many people. I mean, think about 97 00:05:08,880 --> 00:05:13,479 Speaker 1: in your own life. You may you know, obviously I 98 00:05:13,520 --> 00:05:16,120 Speaker 1: talk about all the time about the frugal, meager existence 99 00:05:16,440 --> 00:05:16,760 Speaker 1: I live. 100 00:05:16,839 --> 00:05:17,960 Speaker 5: My life wouldn't. 101 00:05:17,640 --> 00:05:20,159 Speaker 1: Change one way or another where I'm I might I 102 00:05:20,240 --> 00:05:21,920 Speaker 1: might eat a little more at the Applebee's instead of 103 00:05:21,960 --> 00:05:23,360 Speaker 1: the RBS if I were a millionaire. 104 00:05:23,400 --> 00:05:24,960 Speaker 5: But other than that wouldn't really change. 105 00:05:25,000 --> 00:05:27,279 Speaker 1: But for a lot of people, they're living this middle 106 00:05:27,279 --> 00:05:32,040 Speaker 1: class existence. They see the bank account every day, they see, 107 00:05:32,520 --> 00:05:36,360 Speaker 1: hey man, I'm gonna this car's falling apart. You know this, 108 00:05:36,880 --> 00:05:39,599 Speaker 1: you know in this refrigerator has gone. All of these 109 00:05:39,640 --> 00:05:46,000 Speaker 1: things that many people are one or two bad events 110 00:05:46,040 --> 00:05:48,080 Speaker 1: away from really being behind the. 111 00:05:48,000 --> 00:05:48,920 Speaker 2: Eight BA right. 112 00:05:49,160 --> 00:05:51,720 Speaker 1: Absolutely, And it's not that they're super spenders, or it's 113 00:05:51,720 --> 00:05:54,200 Speaker 1: not that they're out driving the nicest of cars. 114 00:05:53,920 --> 00:05:56,560 Speaker 3: Or they haven't had the chance to make that emergency 115 00:05:56,600 --> 00:05:57,520 Speaker 3: fund right. 116 00:05:57,560 --> 00:06:01,520 Speaker 1: And you can poo poo this all you want, but 117 00:06:01,640 --> 00:06:04,360 Speaker 1: that's the reality on the ground, is that people are 118 00:06:04,400 --> 00:06:06,560 Speaker 1: out there are starting to get and more. There are 119 00:06:06,560 --> 00:06:08,880 Speaker 1: more and more of them by the day. They're starting 120 00:06:08,920 --> 00:06:11,240 Speaker 1: to feel more and more a sense of desperation in 121 00:06:11,320 --> 00:06:12,120 Speaker 1: our society. 122 00:06:12,600 --> 00:06:13,919 Speaker 2: Okay, So do you want to know some of the 123 00:06:13,920 --> 00:06:16,279 Speaker 2: other names on the list, Sure, hit suck it to 124 00:06:16,360 --> 00:06:17,160 Speaker 2: me baby, all right. 125 00:06:17,160 --> 00:06:20,000 Speaker 3: Elon Musk number one, four hundred and twenty eight billion dollars. 126 00:06:20,080 --> 00:06:22,400 Speaker 3: Of course, he's got Tesla and SpaceX. You also have 127 00:06:22,640 --> 00:06:25,520 Speaker 3: Larry Ellison at number two, two hundred and seventy six 128 00:06:25,560 --> 00:06:29,559 Speaker 3: billion dollars. He's from Oracle number three, you know this name, 129 00:06:30,000 --> 00:06:33,520 Speaker 3: not Indiana's version. The other guy, Mark Zuckerberg two hundred 130 00:06:33,560 --> 00:06:36,200 Speaker 3: and fifty three billion, of course, from Facebook and Meta. 131 00:06:36,520 --> 00:06:41,440 Speaker 3: You have Jeff Bezos from Amazon, Washington Post and every 132 00:06:41,440 --> 00:06:43,840 Speaker 3: other venture that he's a part of two hundred and 133 00:06:43,920 --> 00:06:47,839 Speaker 3: forty one billion. And then Larry Page from Google at 134 00:06:47,880 --> 00:06:50,960 Speaker 3: one hundred and seventy nine billion dollars. 135 00:06:51,160 --> 00:06:52,680 Speaker 2: Yeah, that's your top five, all right,