1 00:00:00,200 --> 00:00:03,160 Speaker 1: Like all that, Mom, Donna, guys kind of a it's 2 00:00:03,240 --> 00:00:06,600 Speaker 1: kind of an interesting speaker. And the only problem is 3 00:00:06,640 --> 00:00:10,639 Speaker 1: he just keeps quoting talking about all these foreigners. I mean, 4 00:00:10,680 --> 00:00:13,480 Speaker 1: I guess there's nothing throw in that, but yeah, what 5 00:00:13,560 --> 00:00:18,960 Speaker 1: about America? And I wasn't quite as enthralled in by 6 00:00:18,960 --> 00:00:28,120 Speaker 1: guiled and he said a good socialist, Okay, neat, Well, 7 00:00:28,120 --> 00:00:28,639 Speaker 1: we're gonna do a. 8 00:00:28,640 --> 00:00:32,120 Speaker 2: Little history in this, at least in this segment and 9 00:00:32,120 --> 00:00:34,120 Speaker 2: and then we'll move on. But when I listened to 10 00:00:34,159 --> 00:00:39,960 Speaker 2: the speech, it's he's really angry. He's shouting the speech. 11 00:00:40,040 --> 00:00:45,720 Speaker 2: He's not speaking in a normal, you know, like empathetic 12 00:00:46,080 --> 00:00:50,879 Speaker 2: or kind of embracing tone. He's yelling at the crowd. Uh, 13 00:00:51,560 --> 00:00:54,600 Speaker 2: yells at Trump. If he thinks he's taking on Trump, 14 00:00:54,720 --> 00:00:56,160 Speaker 2: then you know, have that. It is kind of like 15 00:00:56,200 --> 00:00:59,240 Speaker 2: Gavin Newsom have at it. And later in the program, 16 00:00:59,280 --> 00:01:02,800 Speaker 2: we're gonna talk about Trump arrangement syndrome because it's very real. 17 00:01:03,360 --> 00:01:05,800 Speaker 2: And I think that's what we witnessed this past Tuesday 18 00:01:06,360 --> 00:01:10,000 Speaker 2: was a lot of Trump and arrangement syndrome exposing itself 19 00:01:10,000 --> 00:01:12,959 Speaker 2: in blue states where you would expect it to be exposed. 20 00:01:13,520 --> 00:01:17,560 Speaker 2: But I kept hearing throughout the day yesterday about this 21 00:01:17,680 --> 00:01:20,280 Speaker 2: acceptance speech, and quite honestly, I had not listened to it. 22 00:01:21,400 --> 00:01:25,800 Speaker 2: So I decided to listen to it. And these fifty 23 00:01:25,880 --> 00:01:27,960 Speaker 2: seconds are what caught my attention. 24 00:01:29,440 --> 00:01:33,240 Speaker 3: Standing before you, I think of the words of Juan 25 00:01:33,360 --> 00:01:35,640 Speaker 3: La Neu. Now I thought to. 26 00:01:35,680 --> 00:01:40,120 Speaker 4: Myself, wait a minute, you just got elected to you know, the. 27 00:01:42,440 --> 00:01:45,080 Speaker 2: One of the original capitals of the country of the 28 00:01:45,160 --> 00:01:46,320 Speaker 2: United States of America. 29 00:01:47,560 --> 00:01:51,080 Speaker 4: You know, you got George Washington facing. 30 00:01:50,720 --> 00:01:54,560 Speaker 2: The bridge, the red Coat at a pivotal moment in 31 00:01:54,680 --> 00:02:00,280 Speaker 2: New York. It's the financial capital of the world. It's 32 00:02:00,320 --> 00:02:04,600 Speaker 2: the place so nice they named it twice. It's it's 33 00:02:04,640 --> 00:02:08,720 Speaker 2: the center of the universe. Now, if you're a New Yorker, 34 00:02:08,800 --> 00:02:12,000 Speaker 2: you actually believe that. I don't, but they think it's 35 00:02:12,000 --> 00:02:16,800 Speaker 2: the center of the universe. But it's also the place 36 00:02:16,840 --> 00:02:23,440 Speaker 2: where America was in terms of other than Pearl Harbor, 37 00:02:23,919 --> 00:02:29,639 Speaker 2: where we were attacked on American soil and lost at 38 00:02:29,639 --> 00:02:33,560 Speaker 2: that location down on ground zero, more than twenty seven 39 00:02:33,639 --> 00:02:41,399 Speaker 2: hundred souls, all to Gie Hawtie Terriss. And rather than 40 00:02:41,440 --> 00:02:47,680 Speaker 2: being grateful for having won an election, he's such an ideologue, 41 00:02:47,720 --> 00:02:52,840 Speaker 2: he's such a fanatic that he can't quote Jefferson, Lincoln Washington. 42 00:02:53,200 --> 00:02:53,560 Speaker 4: He can't. 43 00:02:53,600 --> 00:02:57,120 Speaker 2: He could even quote Oh I don't know, hey, Benjamin 44 00:02:57,160 --> 00:03:04,160 Speaker 2: Harrison Harrison Ford about Harrison Ford. Did you know he 45 00:03:04,200 --> 00:03:05,960 Speaker 2: was a president? You didn't know that? 46 00:03:06,840 --> 00:03:08,400 Speaker 5: Get off my plane? 47 00:03:09,360 --> 00:03:12,200 Speaker 4: No, that was Clint Eastwood. Oh that was Ford. 48 00:03:12,960 --> 00:03:15,200 Speaker 2: I'll get off my plane. That's right, that's wrong on 49 00:03:15,280 --> 00:03:18,639 Speaker 2: Air Force one. Yes, get off my plane. He didn't 50 00:03:18,680 --> 00:03:21,359 Speaker 2: quote anybody. He quoted Nehru. 51 00:03:23,600 --> 00:03:27,440 Speaker 3: Standing before you. I think of the words of Juan 52 00:03:27,520 --> 00:03:28,480 Speaker 3: La Nehru. 53 00:03:30,560 --> 00:03:32,519 Speaker 5: A moment everybody just cheers. 54 00:03:32,680 --> 00:03:37,840 Speaker 2: I know, I find that first if if my theory 55 00:03:37,920 --> 00:03:43,680 Speaker 2: about the highly educated but the mostly not well educated people, 56 00:03:45,520 --> 00:03:48,320 Speaker 2: do you really think they knew who who Nehrew is? 57 00:03:48,600 --> 00:03:51,560 Speaker 2: Or you know, do they just think nery jackets? You know, 58 00:03:51,600 --> 00:03:54,600 Speaker 2: I just I'm gonna wear a nery jacket, not even nerw. 59 00:03:54,640 --> 00:03:56,440 Speaker 5: But do they think that I don't even know there 60 00:03:56,480 --> 00:03:58,040 Speaker 5: was such a thing called nerew jacket. 61 00:03:58,400 --> 00:03:58,600 Speaker 3: Yeah. 62 00:03:58,600 --> 00:04:03,040 Speaker 2: I mean, it's like, come on, it's just cheering because 63 00:04:03,120 --> 00:04:07,400 Speaker 2: well he smiles, he has a well trimmed beard. 64 00:04:07,880 --> 00:04:10,480 Speaker 5: You know, you know what happens he said a name 65 00:04:10,520 --> 00:04:14,160 Speaker 5: and he paused for a moment, start cheering. 66 00:04:15,320 --> 00:04:19,119 Speaker 3: Standing before you. I think of the words of Juan 67 00:04:19,240 --> 00:04:25,599 Speaker 3: Lal Nehru. A moment comes but rarely in history, when 68 00:04:25,640 --> 00:04:28,520 Speaker 3: we step out from the old to the new, when 69 00:04:28,560 --> 00:04:30,960 Speaker 3: an age ends, and when the soul of a nation 70 00:04:31,200 --> 00:04:33,719 Speaker 3: long suppressed finds utterance. 71 00:04:34,880 --> 00:04:40,520 Speaker 4: A nation long oppressed. Yeah, he's quoting Nehrew. 72 00:04:40,560 --> 00:04:43,920 Speaker 3: All right, tonight, we have stepped out from the old 73 00:04:44,040 --> 00:04:51,240 Speaker 3: into the new. So let us speak now with clarity. 74 00:04:50,760 --> 00:04:55,159 Speaker 6: And conviction that cannot be misunderstood about what this new 75 00:04:55,200 --> 00:04:59,440 Speaker 6: age will deliver and for whom this will be an 76 00:04:59,480 --> 00:05:03,080 Speaker 6: age or New Yorkers expect from their leaders a bold 77 00:05:03,200 --> 00:05:06,120 Speaker 6: vision of what we will achieve, rather than a list 78 00:05:06,160 --> 00:05:09,120 Speaker 6: of excuses for what we are too timid to attempt. 79 00:05:12,839 --> 00:05:16,640 Speaker 2: And this it's like watching a version of the view. 80 00:05:17,440 --> 00:05:18,480 Speaker 4: That's what it is. 81 00:05:20,520 --> 00:05:29,120 Speaker 2: Nehru embedded a state led socialists oriented, I would say, 82 00:05:29,320 --> 00:05:33,080 Speaker 2: to be try to be objective a mixed economy in India. 83 00:05:33,800 --> 00:05:40,720 Speaker 2: But he did so through centralized planning, dominant public ownership 84 00:05:40,960 --> 00:05:45,600 Speaker 2: in all of the major industries and those that weren't. 85 00:05:45,680 --> 00:05:51,240 Speaker 2: You had extensive industrial licensing, and you had some allowance 86 00:05:51,360 --> 00:05:56,000 Speaker 2: or permitting of a small private sector although it was 87 00:05:56,120 --> 00:06:01,760 Speaker 2: highly regulated. And then he would frame reforms like the 88 00:06:01,920 --> 00:06:09,520 Speaker 2: Zamindari abolition, and selecting nationalization such as life insurance. Nationalizing 89 00:06:09,600 --> 00:06:13,520 Speaker 2: life insurance just as particular random example, all back in 90 00:06:13,560 --> 00:06:19,960 Speaker 2: nineteen fifty six. Now, I claim that because of some 91 00:06:20,000 --> 00:06:24,800 Speaker 2: of these policies he empowered jihatas, although many histories will 92 00:06:24,800 --> 00:06:30,760 Speaker 2: claim that's not supported by the historical record. His Kashmir policy, 93 00:06:30,800 --> 00:06:35,440 Speaker 2: preferring or referencing Pakistan's nineteen forty seven nineteen forty eight 94 00:06:35,440 --> 00:06:39,720 Speaker 2: aggression to the United Nations and is accepting Article three 95 00:06:39,839 --> 00:06:46,080 Speaker 2: seventies autonomy to most historians was truly secular and pragmatic, 96 00:06:46,680 --> 00:06:54,280 Speaker 2: but nonetheless it was controversial and subsequent Jihati militancy across 97 00:06:54,360 --> 00:06:59,719 Speaker 2: all those decades since then, mainly through Pakistan's sponsorship and 98 00:06:59,800 --> 00:07:02,799 Speaker 2: all the dynamics of that period during the nineteen eighties, 99 00:07:04,240 --> 00:07:08,040 Speaker 2: the historians will argue that it was not Nehru's era's decisions, 100 00:07:09,000 --> 00:07:14,800 Speaker 2: though other critics another historians will argue that his un 101 00:07:14,840 --> 00:07:19,600 Speaker 2: cease fire and his special status approach had the unintended 102 00:07:19,640 --> 00:07:24,640 Speaker 2: long term costs of empowering and giving them the Jihatis 103 00:07:24,920 --> 00:07:30,840 Speaker 2: that foothold in Pakistan and gave birth to this Islamist movement. 104 00:07:31,720 --> 00:07:35,360 Speaker 2: But let's focus on the socialist architecture, because that the 105 00:07:35,360 --> 00:07:38,680 Speaker 2: whole Jihati thing is controversy, and you can argue both sides, 106 00:07:39,680 --> 00:07:42,440 Speaker 2: but you can't argue the socialist architecture of his policies. 107 00:07:43,800 --> 00:07:49,760 Speaker 2: Nehru created the Planning Commission in nineteen fifty. In nineteen fifty, 108 00:07:49,760 --> 00:07:52,840 Speaker 2: this Planning Commission, excuse no, I changed my glasses. I 109 00:07:52,840 --> 00:07:57,520 Speaker 2: have our dire reading my notes. The nineteen fifty Planning 110 00:07:57,560 --> 00:08:02,000 Speaker 2: Commission created what was called fire five year Plans, and 111 00:08:02,000 --> 00:08:05,760 Speaker 2: at the center of those five year plans was the state, 112 00:08:05,960 --> 00:08:11,960 Speaker 2: the government doing resource allocation and all the development strategy 113 00:08:12,040 --> 00:08:16,840 Speaker 2: for a welfare state vision under his chairmanship as Prime Minister. 114 00:08:17,600 --> 00:08:18,840 Speaker 4: That was his goal. 115 00:08:18,920 --> 00:08:22,440 Speaker 2: Now, I just want you see that he quotes, not Washington, 116 00:08:23,320 --> 00:08:28,880 Speaker 2: not Jefferson, not Lincoln, he quotes Nehru. All I could 117 00:08:28,920 --> 00:08:31,800 Speaker 2: think about was those Planning Commissions of the nineteen fifty 118 00:08:31,800 --> 00:08:37,319 Speaker 2: creating the five year plans, which is state resource allocation, 119 00:08:38,040 --> 00:08:43,200 Speaker 2: state strategies, creating a welfare state vision under his chairmanship. 120 00:08:43,280 --> 00:08:43,880 Speaker 4: That was it. 121 00:08:44,679 --> 00:08:47,520 Speaker 2: The five year Plans started in nineteen fifty one and 122 00:08:47,600 --> 00:08:51,679 Speaker 2: they continued for decades. The Second Plan nineteen fifty six 123 00:08:51,800 --> 00:08:55,800 Speaker 2: nineteen sixty one prioritized heavy industry and capital of goods, 124 00:08:56,040 --> 00:08:57,720 Speaker 2: and that was supposed to be the pathway to self 125 00:08:57,760 --> 00:09:02,240 Speaker 2: reliance and growth. Came along with the Industrial Policy Resolution. 126 00:09:02,800 --> 00:09:08,679 Speaker 2: Just listen to the language Industrial Policy Resolutions, both in 127 00:09:08,760 --> 00:09:10,960 Speaker 2: nineteen forty eight and then again in nineteen fifty six 128 00:09:11,679 --> 00:09:18,160 Speaker 2: that those two resolutions, those two policies under Nehrui's Prime Minister, 129 00:09:18,800 --> 00:09:25,480 Speaker 2: codified a socialist pattern of society. It reserved strategic industries 130 00:09:25,760 --> 00:09:29,920 Speaker 2: to the public sector. It expanded state primacy over every 131 00:09:29,960 --> 00:09:34,800 Speaker 2: aspect of life. It formalized a somewhat mixed economy because 132 00:09:34,840 --> 00:09:36,880 Speaker 2: you had to keep some little private sector of things 133 00:09:36,880 --> 00:09:40,800 Speaker 2: here and there, but they were heavily regulated and their 134 00:09:40,840 --> 00:09:47,280 Speaker 2: participation was based upon permission from the state. So this 135 00:09:48,120 --> 00:09:55,880 Speaker 2: Malahanabis model underpinned the second plan that emphasized rapid industrialization 136 00:09:56,080 --> 00:10:01,040 Speaker 2: via basic and heavy industries, but only through state leadership 137 00:10:01,520 --> 00:10:05,880 Speaker 2: in the so called commanding heights, meaning that whatever the 138 00:10:05,920 --> 00:10:09,920 Speaker 2: strategy or the business plan that these private sector companies 139 00:10:10,480 --> 00:10:15,480 Speaker 2: would follow would be developed by the government. You might 140 00:10:16,080 --> 00:10:18,720 Speaker 2: say that, well, Michael, what you really describe me is fascism, 141 00:10:18,760 --> 00:10:19,480 Speaker 2: not socialism. 142 00:10:20,320 --> 00:10:22,160 Speaker 4: I would not disagree with you. 143 00:10:22,840 --> 00:10:26,640 Speaker 2: So we're going to tell all the heavy industries that 144 00:10:27,240 --> 00:10:31,120 Speaker 2: here's here's your business plan, and that business plan is 145 00:10:31,160 --> 00:10:35,880 Speaker 2: developed through all the bureaucrats, all the unelected bureaucrats serving 146 00:10:35,960 --> 00:10:38,800 Speaker 2: Nehru as the prime minister. This is what you're going 147 00:10:38,840 --> 00:10:42,280 Speaker 2: to do and this is how you're going to do it. Yeah, 148 00:10:43,000 --> 00:10:46,880 Speaker 2: pretty much fascism. 149 00:10:47,000 --> 00:10:47,480 Speaker 4: Those are the. 150 00:10:47,400 --> 00:10:52,520 Speaker 2: Industrial policy Revolution Revolution. That was revolution Resolutions of nineteen 151 00:10:52,600 --> 00:10:54,800 Speaker 2: forty eight nineteen fifty six. Then you get to the 152 00:10:54,840 --> 00:11:02,160 Speaker 2: Second Plan. Second Plan included industrial licensing, import controls, price 153 00:11:02,280 --> 00:11:07,040 Speaker 2: and distribution regulation collectively they dubbed it, called it the 154 00:11:07,480 --> 00:11:11,760 Speaker 2: license Raj Raj and that grew from the early nineteen 155 00:11:11,800 --> 00:11:16,200 Speaker 2: fifties statutes, from the earlier plans, the nineteen fifty six 156 00:11:16,520 --> 00:11:20,760 Speaker 2: Industrial Policy Framework, and then the effect of that was 157 00:11:20,800 --> 00:11:25,640 Speaker 2: to constrain private sector entry, which then shaped India's post 158 00:11:25,679 --> 00:11:30,920 Speaker 2: independence industrial regime. Then you had all the selective nationalizations 159 00:11:31,080 --> 00:11:35,240 Speaker 2: that began under Neyrout And interestingly, it's always whenever you 160 00:11:35,240 --> 00:11:40,760 Speaker 2: go back in the history books, notably the Life Insurance 161 00:11:40,760 --> 00:11:43,920 Speaker 2: Corporation back in nineteen fifty six. So what they did 162 00:11:44,000 --> 00:11:47,520 Speaker 2: is they consolidated over two hundred insurers into a state 163 00:11:47,559 --> 00:11:53,800 Speaker 2: monopoly and the objective was to channel savings into development 164 00:11:53,880 --> 00:12:04,080 Speaker 2: and expand coverage as social justice. Yeah, so they took insurance, 165 00:12:05,120 --> 00:12:08,880 Speaker 2: consolidated all the two hundred private insurance companies into a 166 00:12:08,960 --> 00:12:14,120 Speaker 2: state monopoly, all with the hopes of channeling any savings 167 00:12:14,120 --> 00:12:15,720 Speaker 2: they might get, which they did not get. They didn't 168 00:12:15,720 --> 00:12:18,679 Speaker 2: get these savings, and then expand the coverage as a 169 00:12:18,720 --> 00:12:23,600 Speaker 2: social service, and of course it utterly failed. That's what 170 00:12:23,640 --> 00:12:27,680 Speaker 2: that's that's what he's advocating. That's that's who he's quoting. 171 00:12:28,559 --> 00:12:31,080 Speaker 2: And I guarantee to you most Americans have no clue 172 00:12:31,280 --> 00:12:36,080 Speaker 2: about this history. Then there was all the land in 173 00:12:36,120 --> 00:12:43,640 Speaker 2: an industrial buildout that Nerw did post independence from the Brits. 174 00:12:44,160 --> 00:12:49,959 Speaker 2: Post independence land reforms targeted all the intermediaries, the Zamnadars, 175 00:12:50,080 --> 00:12:57,360 Speaker 2: the Jagadars, the Undars, and that transferred rights to cultivators 176 00:12:58,000 --> 00:13:02,720 Speaker 2: and started restructuring all the agra in relations. And Nehru 177 00:13:02,880 --> 00:13:09,760 Speaker 2: endorsed intermediary abolition tenant protections as part of his social 178 00:13:09,840 --> 00:13:14,840 Speaker 2: democratic reforms. Does any of that sound familiar? So you're 179 00:13:14,840 --> 00:13:23,000 Speaker 2: going to impose tenant protections, oh, like abolishing evictions, rent controls, 180 00:13:23,120 --> 00:13:27,600 Speaker 2: all of that. He's following in the footsteps of Nehru 181 00:13:29,120 --> 00:13:33,839 Speaker 2: and then large public sector steel plants. I don't remember 182 00:13:34,000 --> 00:13:37,480 Speaker 2: that there, I don't. I don't remember these names, but 183 00:13:37,800 --> 00:13:44,600 Speaker 2: I looked them up. Roquella, Bali and de Garpar. They 184 00:13:44,600 --> 00:13:49,320 Speaker 2: were launched as temples of modern India. The objective was 185 00:13:49,360 --> 00:13:52,680 Speaker 2: to advance heavy industry, but they couldn't do so on 186 00:13:52,720 --> 00:13:55,160 Speaker 2: their own, so they had to reach out to foreign 187 00:13:55,640 --> 00:14:01,840 Speaker 2: countries create technical partnerships. But everything was managed under state 188 00:14:02,040 --> 00:14:09,360 Speaker 2: enterprise management. That's what he's quoting. That's what he's advocating. Now, 189 00:14:09,960 --> 00:14:16,000 Speaker 2: before I get to the economy itself, I don't think 190 00:14:16,000 --> 00:14:18,360 Speaker 2: that mom, Donnie's going to be able to do half 191 00:14:18,400 --> 00:14:23,400 Speaker 2: of what he thinks. That's not the issue. The issue is, 192 00:14:23,720 --> 00:14:27,920 Speaker 2: this is what he stands for. These are his internal 193 00:14:28,040 --> 00:14:32,040 Speaker 2: inherent beliefs. Why what else would you pick out of 194 00:14:32,120 --> 00:14:34,920 Speaker 2: all the people you could have quoted in an acceptance speech, 195 00:14:34,960 --> 00:14:40,920 Speaker 2: having been freely elected in a republican form of government. 196 00:14:42,240 --> 00:14:49,000 Speaker 2: You cite a socialist ascist that has industrial policies, that 197 00:14:49,080 --> 00:14:53,200 Speaker 2: has rent controls, tendant controls, all these social justice programs. 198 00:14:53,200 --> 00:14:56,280 Speaker 2: You're going to do by monopolizing things under state control. 199 00:14:56,360 --> 00:14:59,080 Speaker 2: That's what you're going to do. That's what he wants 200 00:14:59,120 --> 00:15:06,080 Speaker 2: to do. It's not necessarily what he can do. Again, 201 00:15:06,480 --> 00:15:10,000 Speaker 2: just trying to be objective, most of what Nehru did 202 00:15:10,160 --> 00:15:15,040 Speaker 2: was socialism and fascism. If you read most history books, 203 00:15:15,160 --> 00:15:18,760 Speaker 2: they'll describe it as a mixed economy because once again, 204 00:15:19,640 --> 00:15:22,840 Speaker 2: government schools want to make certain that when I say 205 00:15:22,840 --> 00:15:25,760 Speaker 2: government schools here, i'm also talking about higher education, because 206 00:15:26,000 --> 00:15:29,600 Speaker 2: not anybody in government schools at a secondary level is 207 00:15:29,600 --> 00:15:31,720 Speaker 2: going to learn any of this. But once you get 208 00:15:31,720 --> 00:15:37,600 Speaker 2: into higher education mostly still run government schools. They don't 209 00:15:37,640 --> 00:15:40,800 Speaker 2: want you to know that this is really just another 210 00:15:40,880 --> 00:15:43,720 Speaker 2: version of fascism or socialism. So they refer to it 211 00:15:43,760 --> 00:15:46,960 Speaker 2: as a mixed economy because they will claim that the 212 00:15:47,000 --> 00:15:51,480 Speaker 2: private sector retains sort of a fairly wide field under 213 00:15:52,200 --> 00:15:56,560 Speaker 2: state regulation, even as the state dominated all the strategic 214 00:15:56,680 --> 00:16:03,800 Speaker 2: sectors of the economy. Now, in fairness, that does distinguish 215 00:16:04,120 --> 00:16:09,760 Speaker 2: India's path on socialism from full Soviet style nationalization. During 216 00:16:09,800 --> 00:16:14,960 Speaker 2: that era, the communists just took over everything. Neru just 217 00:16:15,000 --> 00:16:17,800 Speaker 2: selected I think i'll take this, I'll take that, and 218 00:16:17,840 --> 00:16:19,960 Speaker 2: i'll take that. And mostly it was all the heavy 219 00:16:19,960 --> 00:16:23,200 Speaker 2: industries because why well, that allows allows you to build 220 00:16:23,240 --> 00:16:27,480 Speaker 2: up your military, so you use social controls and you 221 00:16:27,600 --> 00:16:30,280 Speaker 2: use socialism to build up your military. Now, while the 222 00:16:30,360 --> 00:16:37,320 Speaker 2: framework claims to have pursued self reliance, that framework also 223 00:16:37,400 --> 00:16:42,760 Speaker 2: pursued one other thing, one other item, one another word 224 00:16:43,800 --> 00:16:48,320 Speaker 2: that you had to recognize. He was trying Neyru was 225 00:16:48,440 --> 00:16:55,960 Speaker 2: trying to pursue and obtain equity for all of the Hindus, 226 00:16:56,000 --> 00:16:59,320 Speaker 2: the India's Indians, everyone in India. 227 00:16:59,480 --> 00:17:00,120 Speaker 4: Equity. 228 00:17:01,680 --> 00:17:06,520 Speaker 2: You read the scholarship and study about that. It faults 229 00:17:06,600 --> 00:17:11,360 Speaker 2: the dense licensees and all the state controls for inefficiency, 230 00:17:11,440 --> 00:17:12,959 Speaker 2: rent seeking in slow growth. 231 00:17:13,200 --> 00:17:16,199 Speaker 7: Michael and Redbeard, we couldn't have wrote a book that 232 00:17:16,240 --> 00:17:20,879 Speaker 7: would have been believable. Has said twenty five years after 233 00:17:20,960 --> 00:17:28,160 Speaker 7: nine to eleven they would elect a Democrat, communist, Muslim, Islamic. 234 00:17:29,440 --> 00:17:32,840 Speaker 7: I mean, this is out of this is crazy, and 235 00:17:33,760 --> 00:17:37,520 Speaker 7: you know, the biggest city in the US, and this 236 00:17:37,560 --> 00:17:40,679 Speaker 7: is what we've got to work with now, this is ridiculous. 237 00:17:41,200 --> 00:17:46,119 Speaker 5: Cannot go to a seven to eleven or donuts unless 238 00:17:46,119 --> 00:17:47,560 Speaker 5: you have a slight Indian accent. 239 00:17:51,800 --> 00:17:53,960 Speaker 2: You can't go to a bodega in New York City 240 00:17:54,040 --> 00:17:59,000 Speaker 2: now without it being a rent controlled, price controlled bodega 241 00:17:59,119 --> 00:18:02,239 Speaker 2: run by Indian with you know, slightly Indian accent. So 242 00:18:02,520 --> 00:18:05,360 Speaker 2: there you go. Biden will be happy. It's the Bidenization 243 00:18:05,480 --> 00:18:06,280 Speaker 2: of New York City. 244 00:18:06,320 --> 00:18:07,159 Speaker 5: And he's not joking. 245 00:18:07,400 --> 00:18:10,040 Speaker 2: He's not joking at all. He's not joking. I am 246 00:18:10,040 --> 00:18:14,240 Speaker 2: I'm not joking man, I'm serious man. By the way, 247 00:18:14,280 --> 00:18:20,399 Speaker 2: before I get into a little more about Zoefram, if 248 00:18:20,440 --> 00:18:25,200 Speaker 2: you're looking to make your life more pleasurable or the 249 00:18:25,240 --> 00:18:28,400 Speaker 2: future more optimistic, do you want to listen to cal 250 00:18:28,560 --> 00:18:33,360 Speaker 2: Pins podcast interview Bill Ny the Pseudo Science Guy and 251 00:18:33,800 --> 00:18:34,679 Speaker 2: Pete Boodajig. 252 00:18:35,280 --> 00:18:38,359 Speaker 4: That's that's going to make your That's what we're promoting. 253 00:18:38,480 --> 00:18:40,520 Speaker 5: I don't know about the booty jig part, but the 254 00:18:40,600 --> 00:18:43,280 Speaker 5: Bill Knight, the science Guy, there's always a warm place 255 00:18:43,320 --> 00:18:46,880 Speaker 5: in my heart for him because he had that science 256 00:18:47,440 --> 00:18:50,919 Speaker 5: show as a kid for me, So that that's kind 257 00:18:50,920 --> 00:18:52,440 Speaker 5: of like mister Wizard. You gotta look at that and 258 00:18:52,440 --> 00:18:55,639 Speaker 5: you're like, oh, oh, so there's that soft spot, but 259 00:18:56,359 --> 00:18:57,440 Speaker 5: oh he crazy. 260 00:18:57,160 --> 00:19:03,680 Speaker 2: Joe, which pretty much makes up every part of your heart. 261 00:19:03,880 --> 00:19:06,959 Speaker 2: It's you got soft spots, but it's all surrounded by crazy. 262 00:19:07,160 --> 00:19:10,720 Speaker 4: Yeah. Yeah, okay, yeah, I was listening to that promo when. 263 00:19:10,560 --> 00:19:12,159 Speaker 2: I was just thinking, you know, I've heard it like 264 00:19:12,240 --> 00:19:14,840 Speaker 2: incessantly all week long. And I'm thinking that's the last 265 00:19:14,840 --> 00:19:17,080 Speaker 2: thing I'm gonna unless maybe I should listen to it 266 00:19:17,080 --> 00:19:19,239 Speaker 2: because I bet I can get some good soundbites out 267 00:19:19,240 --> 00:19:19,399 Speaker 2: of it. 268 00:19:19,400 --> 00:19:21,720 Speaker 5: And we have some breaking news though. Oh it is 269 00:19:22,040 --> 00:19:33,080 Speaker 5: Nancy Pelosi won't seek re election. Why she's one hundred 270 00:19:33,080 --> 00:19:33,800 Speaker 5: and thirteen years old? 271 00:19:33,800 --> 00:19:35,200 Speaker 4: Okay, all right, all right about right. 272 00:19:35,280 --> 00:19:36,520 Speaker 2: Well, I just thought maybe you could tell me that 273 00:19:36,600 --> 00:19:40,320 Speaker 2: she was incapacitated or something, or she was mainly deranged, like, 274 00:19:40,520 --> 00:19:43,240 Speaker 2: you know, if she had done something like say that, 275 00:19:43,480 --> 00:19:47,720 Speaker 2: you know, Donald Trump was the worst thing ever in 276 00:19:47,760 --> 00:19:50,480 Speaker 2: the history of human race, then I would have said, yeah, 277 00:19:50,480 --> 00:19:52,800 Speaker 2: maybe she shouldn't run for reelection. But so she didn't 278 00:19:52,840 --> 00:19:55,880 Speaker 2: say anything like that. Then I was just curious why 279 00:19:55,920 --> 00:20:02,200 Speaker 2: she might not be running. Well, the dinosaurs are starting 280 00:20:02,240 --> 00:20:03,240 Speaker 2: to go extinct, is what. 281 00:20:03,200 --> 00:20:06,840 Speaker 4: You're telling me about time. William F. 282 00:20:06,880 --> 00:20:09,159 Speaker 2: Buckley once famously equipped something to the effect that he 283 00:20:09,160 --> 00:20:11,440 Speaker 2: would rather be governed by the first two thousand name 284 00:20:11,480 --> 00:20:14,240 Speaker 2: and names. I think it was the Boston phone Book 285 00:20:14,640 --> 00:20:18,080 Speaker 2: than he would by the Harvard Faculty. Well, New York 286 00:20:18,119 --> 00:20:21,560 Speaker 2: City is about to be governed by the Columbia student Body, 287 00:20:22,119 --> 00:20:25,880 Speaker 2: the Columbia University student Body, So a city that used 288 00:20:25,880 --> 00:20:29,600 Speaker 2: to think of itself as grown up, has just elected 289 00:20:29,640 --> 00:20:33,520 Speaker 2: a mayor that seems to be the very embodiment of 290 00:20:34,560 --> 00:20:43,960 Speaker 2: the modern American college student, uninformed, entitled, self important, and 291 00:20:44,119 --> 00:20:48,840 Speaker 2: enjoying a regal quality of life that depends parasitically upon 292 00:20:49,560 --> 00:20:54,160 Speaker 2: a nation about which he knows nothing yet for which 293 00:20:54,160 --> 00:20:59,240 Speaker 2: he has nothing but scorn, and in giving his acceptance 294 00:20:59,240 --> 00:21:04,679 Speaker 2: speech can only refer to Nehru who absolutely just just 295 00:21:04,760 --> 00:21:09,600 Speaker 2: slightly worse than the old Soviet Union just socialized and 296 00:21:09,760 --> 00:21:15,640 Speaker 2: communized India. Now I know that American college students, particularly 297 00:21:15,640 --> 00:21:21,080 Speaker 2: from Columbia regular or CU Boulder doesn't mean different, regularly 298 00:21:21,119 --> 00:21:25,480 Speaker 2: act out these little psychodramas of oppression. And everything's about oppression, right, 299 00:21:26,320 --> 00:21:29,879 Speaker 2: And it's always in front of an audience of you know, 300 00:21:31,040 --> 00:21:35,240 Speaker 2: their their their provost, their associate deans, their professors, everybody 301 00:21:35,280 --> 00:21:38,600 Speaker 2: who just is gleefully collapsed. Oh yes, I thought you 302 00:21:38,680 --> 00:21:43,520 Speaker 2: so well about oppression and so wonderful. Well, guess guess 303 00:21:43,520 --> 00:21:47,720 Speaker 2: what Zoe fram is the quintessential product of government run 304 00:21:47,800 --> 00:21:50,560 Speaker 2: schools like that, although Columbia is not government run, but 305 00:21:50,600 --> 00:21:54,760 Speaker 2: nonetheless from from from the education system in this country. 306 00:21:55,680 --> 00:21:58,080 Speaker 2: And now he's going to take all this performative art 307 00:21:58,320 --> 00:22:01,000 Speaker 2: to the biggest stage in the world. The city so 308 00:22:01,160 --> 00:22:06,440 Speaker 2: nice they named it twice. Now his governing agenda, as 309 00:22:06,480 --> 00:22:11,119 Speaker 2: he admits, is you know, he quotes Nehru, not Washington Jefferson. 310 00:22:11,720 --> 00:22:18,080 Speaker 2: But it also reflects his background, his family background, his education, 311 00:22:18,800 --> 00:22:23,119 Speaker 2: and his I would say post college career, but I'm 312 00:22:23,160 --> 00:22:27,040 Speaker 2: not quite sure what that is. He was born in 313 00:22:27,119 --> 00:22:32,760 Speaker 2: nineteen ninety one to a professor of post colonial studies 314 00:22:33,560 --> 00:22:34,520 Speaker 2: and a filmmaker. 315 00:22:36,480 --> 00:22:38,679 Speaker 4: Post colonial studies. 316 00:22:40,040 --> 00:22:43,800 Speaker 2: I bet the word imperialism, and I bet the word tyranny, 317 00:22:44,160 --> 00:22:47,040 Speaker 2: and I bet the word white nationalists. I bet all 318 00:22:47,119 --> 00:22:49,280 Speaker 2: of those things were all a part of that curriculum. 319 00:22:50,160 --> 00:22:52,440 Speaker 2: Then they moved to New York City from Uganda nineteen 320 00:22:52,520 --> 00:22:55,879 Speaker 2: ninety nine so his father, mack Mood, could teach in 321 00:22:55,960 --> 00:23:01,520 Speaker 2: Columbia Universities Middle Eastern, Southern, Asian and African Department. You know, 322 00:23:01,560 --> 00:23:03,159 Speaker 2: where you go to study so you don't end up 323 00:23:03,200 --> 00:23:07,280 Speaker 2: having a job. He also directed to the university's Institute 324 00:23:07,280 --> 00:23:12,720 Speaker 2: of African Studies, so he gets he gets just absolutely 325 00:23:13,000 --> 00:23:18,399 Speaker 2: nourished on academic anti westernism. Every time they sat down 326 00:23:18,440 --> 00:23:21,359 Speaker 2: at dinner, you can can you imagine the conversations you know, 327 00:23:21,480 --> 00:23:25,440 Speaker 2: the imperial president did this, and this oppressive country does 328 00:23:25,480 --> 00:23:28,720 Speaker 2: this while they're making a bowload of money as professors 329 00:23:28,720 --> 00:23:32,080 Speaker 2: at Columbian as a filmmaker, and you know, living living 330 00:23:32,119 --> 00:23:34,920 Speaker 2: the high life, you know, eating with their fingers whatever 331 00:23:35,040 --> 00:23:40,040 Speaker 2: were great food they've got, and then they his father 332 00:23:41,440 --> 00:23:48,040 Speaker 2: hosts people like Rashi Rashi Kaladi. Edward said, self avowed 333 00:23:48,040 --> 00:23:53,359 Speaker 2: communists at Columbia University. So now he's out there trying 334 00:23:53,400 --> 00:23:56,639 Speaker 2: to chant, you know, position himself as a champion of 335 00:23:56,640 --> 00:24:00,600 Speaker 2: the working class. He didn't go to New York's most 336 00:24:00,880 --> 00:24:06,040 Speaker 2: storied working class college, the public City College of New York. 337 00:24:06,440 --> 00:24:09,800 Speaker 4: He didn't go there. It costs about six thousand dollars 338 00:24:09,840 --> 00:24:10,200 Speaker 4: a year. 339 00:24:10,840 --> 00:24:14,200 Speaker 2: Instead, he went to the favor of the private Boden College, 340 00:24:14,720 --> 00:24:17,840 Speaker 2: which is in a secluded retreat up in Maine, which 341 00:24:17,880 --> 00:24:21,320 Speaker 2: at the time he went was about sixty thousand dollars 342 00:24:21,359 --> 00:24:21,800 Speaker 2: a year. 343 00:24:22,680 --> 00:24:24,960 Speaker 4: So he could have you know, weren't. No, they weren't. 344 00:24:25,040 --> 00:24:28,520 Speaker 2: They may have claim to be working class, but they weren't. 345 00:24:28,600 --> 00:24:31,680 Speaker 2: Because he didn't go to City College. 346 00:24:31,400 --> 00:24:33,000 Speaker 4: In New York. He went to Boden. 347 00:24:34,160 --> 00:24:37,080 Speaker 2: You know, I hadn't thought about Boden College in a 348 00:24:37,160 --> 00:24:42,399 Speaker 2: long time, so I quickly went to the National Association 349 00:24:42,480 --> 00:24:46,760 Speaker 2: of Scholars just to see how they described it. Listen 350 00:24:46,800 --> 00:24:51,800 Speaker 2: to this, Boden shifted from a core curriculum focused on 351 00:24:52,400 --> 00:24:59,280 Speaker 2: Western civilization to a focus on race, class, gender, and 352 00:24:59,320 --> 00:25:07,280 Speaker 2: the environment, aiming instead for a curriculum based on social justice. 353 00:25:08,840 --> 00:25:13,040 Speaker 2: If you ever doubt that what your kid is learning 354 00:25:13,080 --> 00:25:18,240 Speaker 2: in college is going to affect their worldview, then you're 355 00:25:18,280 --> 00:25:21,159 Speaker 2: being a really lousy parent, and we are to have 356 00:25:21,240 --> 00:25:25,159 Speaker 2: your parental rights taken away, because if you're not paying 357 00:25:25,200 --> 00:25:29,240 Speaker 2: attention to what your kid is learning in college, you're 358 00:25:29,280 --> 00:25:32,879 Speaker 2: probably raising a socialist or a communist. You're certainly raising 359 00:25:32,880 --> 00:25:36,960 Speaker 2: an anti Western individual, and shame on you. So your 360 00:25:37,040 --> 00:25:40,560 Speaker 2: project today is start finding out what your rug rat 361 00:25:40,600 --> 00:25:46,280 Speaker 2: in college is learning. So that's Boden. That's where he 362 00:25:46,359 --> 00:25:52,360 Speaker 2: went to school. Now, as I say today, that curriculum 363 00:25:52,680 --> 00:25:59,240 Speaker 2: is embodied with victim ideology, as documented by that National 364 00:25:59,240 --> 00:26:03,439 Speaker 2: Association of Scholars in twenty thirteen, the year before he graduated, 365 00:26:04,280 --> 00:26:08,080 Speaker 2: and then as an African Studies major, he would have 366 00:26:08,080 --> 00:26:15,120 Speaker 2: taken courses like this, Race, Land and Disrepossession, critical Topics, 367 00:26:15,119 --> 00:26:20,680 Speaker 2: and environmental injustice and subaltern geography, all of which does 368 00:26:20,720 --> 00:26:23,879 Speaker 2: what it examines race, gender, and class and how that 369 00:26:23,920 --> 00:26:28,880 Speaker 2: operates under racial capitalism. We got a new word, racial 370 00:26:29,000 --> 00:26:33,600 Speaker 2: capitalism and settler colonialism, both in the path and in 371 00:26:33,920 --> 00:26:43,639 Speaker 2: contemporary life. Wow, when I criticize government run schools or 372 00:26:43,720 --> 00:26:46,800 Speaker 2: higher education, do you think I'm just bull crapping you? 373 00:26:47,560 --> 00:26:47,720 Speaker 5: Do? 374 00:26:47,760 --> 00:26:48,159 Speaker 3: You know? 375 00:26:48,400 --> 00:26:50,960 Speaker 2: I'm telling you the truth about what's going on out there. 376 00:26:51,119 --> 00:26:56,080 Speaker 2: And if we ever want to stop this stupid trip 377 00:26:56,160 --> 00:27:02,280 Speaker 2: that we're on to absolute anarchy and true democracy, can 378 00:27:02,320 --> 00:27:06,679 Speaker 2: you pay attention to secondary education? Actually, I guess we 379 00:27:06,760 --> 00:27:08,960 Speaker 2: have to start now, since we have free childcare and 380 00:27:09,000 --> 00:27:13,520 Speaker 2: for a free preschool for everybody. Government is indoctrinating your 381 00:27:13,640 --> 00:27:15,919 Speaker 2: child from the first time you let them go to 382 00:27:16,000 --> 00:27:17,200 Speaker 2: a government run facility. 383 00:27:18,400 --> 00:27:19,200 Speaker 4: I know, don't give me. 384 00:27:19,320 --> 00:27:19,560 Speaker 3: I know. 385 00:27:19,640 --> 00:27:21,080 Speaker 4: I can hear a few teachers out there go, I 386 00:27:21,119 --> 00:27:22,920 Speaker 4: don't teach that back, Michael, I don't do that. 387 00:27:23,480 --> 00:27:27,160 Speaker 2: I know you don't. And guess what, You're in the minority. Yes, 388 00:27:27,280 --> 00:27:30,679 Speaker 2: you're in the minority. And I bet even if you're 389 00:27:30,720 --> 00:27:33,679 Speaker 2: a member of the teacher union, you're still in the minority. 390 00:27:33,880 --> 00:27:38,040 Speaker 2: Teacher unions run everything. Now, if he had gone to 391 00:27:38,080 --> 00:27:42,240 Speaker 2: college ten years later, he probably would have been out 392 00:27:42,240 --> 00:27:45,600 Speaker 2: there leading those global chants or the chance of global 393 00:27:46,640 --> 00:27:50,639 Speaker 2: into fada, and obviously from an anti Zionis encampment on 394 00:27:50,680 --> 00:27:54,080 Speaker 2: this campus quad, it'saga what he had been doing. Now 395 00:27:54,080 --> 00:27:58,119 Speaker 2: he did an arguably even more important thing for the 396 00:27:58,240 --> 00:28:04,119 Speaker 2: pro Palestinian cause. He founded Bowden's inaugural chapter of Students 397 00:28:04,200 --> 00:28:15,439 Speaker 2: for Justice in Palestine. I I I'm befuddled, and I 398 00:28:15,480 --> 00:28:20,240 Speaker 2: know what. The easy answer is, the cabal. But where 399 00:28:20,400 --> 00:28:25,760 Speaker 2: was even the idiot Andrew Cuomo? Where was Curtis all 400 00:28:25,760 --> 00:28:26,359 Speaker 2: of this time? 401 00:28:27,560 --> 00:28:28,280 Speaker 4: Where was Oh? 402 00:28:28,320 --> 00:28:31,000 Speaker 2: I'm you know, I don't even know that. I've heard 403 00:28:31,000 --> 00:28:35,560 Speaker 2: some of this stuff on Fox News and it's I 404 00:28:35,640 --> 00:28:37,800 Speaker 2: get that. It's he's just a mayor. He's that he 405 00:28:37,840 --> 00:28:41,400 Speaker 2: didn't run for president, and not many former mayors of 406 00:28:41,440 --> 00:28:44,160 Speaker 2: New York City have become president. Think about that. Go 407 00:28:44,240 --> 00:28:50,120 Speaker 2: through the list. The closest you get might it's not 408 00:28:50,160 --> 00:28:52,760 Speaker 2: even was he mayor? But would be Theodore Roosevelt in 409 00:28:52,840 --> 00:28:59,640 Speaker 2: New Yorker or FDR, but again not mayor. From that 410 00:28:59,760 --> 00:29:04,800 Speaker 2: leadership position, Students for Justice in Palestine, the cafe wearing 411 00:29:04,880 --> 00:29:07,240 Speaker 2: undergraduate tried to jump start a Bowden boy called it 412 00:29:07,360 --> 00:29:13,440 Speaker 2: Israeli Universities because he wrote regarding Israeli higher education both 413 00:29:13,600 --> 00:29:17,000 Speaker 2: actively and passively complicit in the crimes of both the 414 00:29:17,040 --> 00:29:21,040 Speaker 2: Israeli military and the Israeli government in all its settler 415 00:29:21,160 --> 00:29:28,440 Speaker 2: colonial forms. Jews ought to be scared to death. 416 00:29:30,040 --> 00:29:30,280 Speaker 7: Mike. 417 00:29:31,200 --> 00:29:44,440 Speaker 8: There are days when I feel like stupid is winning, Mike, 418 00:29:45,320 --> 00:29:50,080 Speaker 8: there are days when I feel like stupid is winning. 419 00:29:55,320 --> 00:29:57,720 Speaker 4: Is that it? Yeah? 420 00:29:57,800 --> 00:30:06,640 Speaker 5: Okay, I agree, and might I add you must be 421 00:30:06,720 --> 00:30:10,400 Speaker 5: new here, and. 422 00:30:10,560 --> 00:30:15,040 Speaker 2: He gets an a for wanting to get it just right, 423 00:30:16,440 --> 00:30:21,520 Speaker 2: just right? Yeah, so good for you. Why am I 424 00:30:21,560 --> 00:30:25,880 Speaker 2: spending this inordinate amount of time on zofram One is 425 00:30:25,920 --> 00:30:28,400 Speaker 2: a member of the Democrat Socialists of America. That's the 426 00:30:28,440 --> 00:30:31,360 Speaker 2: ticket that he ran on. There are lots of other 427 00:30:31,400 --> 00:30:34,520 Speaker 2: people that come out of the Democrat Socialists of America. 428 00:30:34,680 --> 00:30:38,280 Speaker 2: We've already got all the members of the squad. They're everywhere. 429 00:30:38,560 --> 00:30:42,320 Speaker 2: One was running of Minneapolis. Fortunately, I don't think he won. 430 00:30:44,640 --> 00:30:51,960 Speaker 2: We need to understand that the enemy within is peaking 431 00:30:52,040 --> 00:30:57,040 Speaker 2: its head outside the foxhole and is winning. Now what 432 00:30:57,080 --> 00:30:58,760 Speaker 2: I haven't gotten to and I can't decide whether to 433 00:30:58,800 --> 00:31:02,040 Speaker 2: go ahead and do it or not. But the costs 434 00:31:03,000 --> 00:31:05,520 Speaker 2: that are If you think the cost of living is 435 00:31:05,560 --> 00:31:08,640 Speaker 2: high now, you wait until he starts to implement some 436 00:31:08,680 --> 00:31:09,440 Speaker 2: of these policies. 437 00:31:09,480 --> 00:31:11,320 Speaker 4: Now, I think these we have a hard time doing it. 438 00:31:12,000 --> 00:31:16,840 Speaker 2: Free, you know, freeze rents, free city buses, free universal childcare, 439 00:31:18,480 --> 00:31:21,240 Speaker 2: government operated grocery stores, and each of the five boroughs. 440 00:31:21,440 --> 00:31:24,600 Speaker 2: I mean, I think that's all unrealistic. But it's now 441 00:31:24,640 --> 00:31:29,080 Speaker 2: on the table. Five years ago, ten years ago, we 442 00:31:29,120 --> 00:31:32,960 Speaker 2: would have laughed at this. It's no longer a laughing matter. 443 00:31:35,280 --> 00:31:39,240 Speaker 2: When you want to decommodify housing, housing is just a 444 00:31:39,280 --> 00:31:43,920 Speaker 2: commodity that rent freeze would apply to nearly half of 445 00:31:44,000 --> 00:31:46,760 Speaker 2: all the rentals in New York City, and those rents 446 00:31:46,760 --> 00:31:49,800 Speaker 2: are set by an appointed rent Guidelines Board, not by 447 00:31:49,840 --> 00:31:54,720 Speaker 2: the housing market. Those million or so rent stabilized apartments 448 00:31:54,800 --> 00:31:58,680 Speaker 2: make up a third of New York's homes, including owner 449 00:31:58,840 --> 00:32:04,080 Speaker 2: occupied homes, and even left wing economists have concluded that 450 00:32:04,160 --> 00:32:10,680 Speaker 2: rent controls only produce what shortages. So no wonder it's 451 00:32:10,680 --> 00:32:14,320 Speaker 2: so expensive to live in New York. Yeah, for those 452 00:32:14,360 --> 00:32:18,520 Speaker 2: with an undergraduate mindset, landlords are just greedy bastards that 453 00:32:18,680 --> 00:32:22,840 Speaker 2: just want to earn a market rent, whereas tenants enjoying 454 00:32:22,920 --> 00:32:27,520 Speaker 2: below market rent are merely receiving what's their fair share. 455 00:32:28,640 --> 00:32:32,480 Speaker 2: Because those greedy landlords are making too much money. A 456 00:32:32,560 --> 00:32:35,040 Speaker 2: four year freeze, if he got it through, would decimate 457 00:32:35,120 --> 00:32:38,600 Speaker 2: the housing stock in New York. The small landlords, they're 458 00:32:38,600 --> 00:32:42,000 Speaker 2: already at death's door maintenance costs of twenty eight percent 459 00:32:42,000 --> 00:32:46,880 Speaker 2: over the past five years. Regulated rents will not cover repairs, 460 00:32:47,040 --> 00:32:49,640 Speaker 2: property taxes, or the cost of a dead beet. Tenant 461 00:32:49,720 --> 00:32:54,920 Speaker 2: just simply doesn't pay. And because the advocacy industry and 462 00:32:55,160 --> 00:32:58,240 Speaker 2: how long it takes to evict a nonpayer about two years, 463 00:32:58,560 --> 00:33:00,840 Speaker 2: during which time the landlords wants to provide for all 464 00:33:00,880 --> 00:33:01,680 Speaker 2: the same services