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Speaker 1: The Mark Belling Podcast is presented by you Line for

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Speaker 2: There's a story in the news that I want to

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Speaker 2: open with today. It's mostly symbolic, but all the symbolism

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Speaker 2: is right on the button. Trump has pardoned the trail runner.

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Speaker 2: A lot of you remember the story, or you will

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Speaker 2: at least have heard about it, because it's gotten like

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Speaker 2: kind of on the fringes of the media attention for

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Speaker 2: several years. The reason I want to talk about it

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Speaker 2: for just a moment at the beginning of today's podcast

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Speaker 2: is I think if you grab onto this story, you

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Speaker 2: can pick up on just about every theme that's frustrating

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Speaker 2: people in the United States. The guy's name is Michelino Cinceri.

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Speaker 2: He runs trails and he's like really good at it,

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Speaker 2: and he sets records. He was running on a trail

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Speaker 2: in the Grand Teton area in Wyoming. Apparently it's a

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Speaker 2: famous trail to run on, and he was trying to

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Speaker 2: set some sort of a world record in whatever that is.

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Speaker 2: During the run, he briefly stepped off the trail barely.

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Speaker 3: He was arrested.

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Speaker 2: And criminally charged for stepping off the trail.

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Speaker 3: This is one of those stories that weirdly.

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Speaker 2: Attracted the attention of both the left and the right.

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Speaker 2: Both felt that rightly, this was idiotic, worst case scenario,

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Speaker 2: you should get a tiny little fine. It's a regulatory violation.

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Speaker 2: We understand the whole thing on protected lands that some

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Speaker 2: areas you're not suppout, you know, human beings aren't supposed.

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Speaker 3: To go on to and so on.

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Speaker 2: But he's running on this trail, and he went off

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Speaker 2: the trail for a brief period of time and only

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Speaker 2: for a little bit. He ended up with a federal

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Speaker 2: criminal conviction for it. Trump has pardoned him. In the

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Speaker 2: scheme of things. It's a really big deal obviously for

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Speaker 2: this guy now that he doesn't have a criminal record again.

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Speaker 2: But I think it also if you just grab this story,

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Speaker 2: there's echoes of everything on it, all the restrictions that

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Speaker 2: we had during COVID or requirements that people get vaccinated,

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Speaker 2: do this, do that? I think most people are willing

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Speaker 2: to accept. Do this do that on important things in

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Speaker 2: which everyone knows, there's no real freedom of choice. You

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Speaker 2: can't be fifteen times over the limit when you're driving

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Speaker 2: on the road. On the other hand, I think people

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Speaker 2: resented if a cop gives you a ticket for going

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Speaker 2: one mile over the speed limit. You see the distinction.

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Speaker 2: He was actually the guy was actually doing this run

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Speaker 2: over a year ago, and the case drew attention like

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Speaker 2: in runners circles, and then it kind of got grab

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Speaker 2: on to And I think were it not for social media,

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Speaker 2: the Internet and so on, it would not have circulated

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Speaker 2: as widely as it did. But somehow it got to

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Speaker 2: the level of whomever it is in Trump's orbit. Maybe

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Speaker 2: Trump's saw on I don't know. He finds all this

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Speaker 2: stuff himself. You can always tell him when he's going

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Speaker 2: to post something on it in social media or somebody

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Speaker 2: who's orbit founded. And as you know, Trump is pardoning

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Speaker 2: people that were wronged right and left, and.

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Speaker 3: This is one of them.

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Speaker 2: And as I say, it just reaches out to he's pardoned,

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Speaker 2: for example, the so called fake electors in Wisconsin. When

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Speaker 2: there were questions about the twenty twenty election, Republicans in

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Speaker 2: Wisconsin put up their own slate for the Electoral College.

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Speaker 2: They of course didn't get seated. It was simply okay,

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Speaker 2: if there's going to be a challenge. We need to

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Speaker 2: have electors in place, and nothing criminal about that they

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Speaker 2: took a conviction, Trump pardoned them. It's this level of

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Speaker 2: overreach that's occurring, sometimes because people are trying to stop

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Speaker 2: their political enemies, and in other cases just because you

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Speaker 2: have many little.

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Speaker 3: Tyrants running around. Onward with the.

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Speaker 2: Program, We've got a big discussion to open the part.

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Speaker 2: This was just that was just preliminary, big discussion to

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Speaker 2: open the podcast. I want to focus on several components

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Speaker 2: of Marxism. Men who would have thought when I started

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Speaker 2: doing radio talk shows in the eighties that we would

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Speaker 2: actually seriously have to deal with not Marxism and why

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Speaker 2: other countries should reject it, but the very real possibility

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Speaker 2: that it is going to be the fight for the

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Speaker 2: next fifteen to twenty years in America whether we will

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Speaker 2: be a Marxist nation or not. Have you ever been

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Speaker 2: offered an add on option for premium or white glove service?

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Speaker 2: U line provides only one type of service, the best

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Speaker 2: from knowledgeable customer service available twenty four to seven three

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Speaker 2: sixty five to keeping every product in stock ready to

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Speaker 2: ship the same day when your business needs quality shipping

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Speaker 2: supplies reliable warehouse equipment or office furniture fast contact you

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Speaker 2: line and get the best service because you Line believes

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Speaker 2: service is essential, not an option. I want to break

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Speaker 2: this down, this discussion of where we are and where

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Speaker 2: we are going with Marxism into three components, and I'm

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Speaker 2: going to pull out three series of comments here. It's

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Speaker 2: hitting on each one of the areas that I want

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Speaker 2: to target into. The first part of this is where

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Speaker 2: it's coming from. If you take a look at the

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Speaker 2: people that are supportive of this, and especially the ones

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Speaker 2: that are supportive of it by writing out massive checks

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Speaker 2: to bank roll Marxist candidates. Mom Dannie's a perfect case

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Speaker 2: study of this. An extraordinary number of these people are affluent,

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Speaker 2: white and rather well educated, at least in terms of

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Speaker 2: going to school a lot in college, etc. Alicia Finlay,

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Speaker 2: who is a columnist for the Wall Street Journal, ways

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Speaker 2: in on this and she has I think a very

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Speaker 2: good analysis. So I want to show it and I'm

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Speaker 2: going to interject with my own comments. At a couple

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Speaker 2: of points, she writes, Pallanteer that's a big tech company.

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Speaker 2: CEO Alex Karp attributed zoron Mambani's election as the York

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Speaker 2: mayor to a reverse class warfare.

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Speaker 3: Quote.

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Speaker 2: I think the average IVY League grad voting for this

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Speaker 2: mayor is highly annoyed that their education is not that valuable,

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Speaker 2: and the person down the street who knows how to

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Speaker 2: grill for oil and gas who moved to Texas has

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Speaker 2: a more valuable profession.

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Speaker 3: He's right, and so does Findley. This is me now,

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Speaker 3: and not the column.

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Speaker 2: We've been seeing this coming for several years. You'd hear

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Speaker 2: the maybe fifteen twenty years you write it for the millennials. Well,

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Speaker 2: I have this college education, but I'm only waiting tables.

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Speaker 3: Oh, I have this degree, I have this degree. I

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Speaker 3: have this degree.

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Speaker 2: When you'd hear the teachers' unions carping and bitching about.

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Speaker 3: Everything, we have master's degrees.

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Speaker 2: In other words, the sense of entitlement because they got

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Speaker 2: a lot of schooling, the in and of itself that's

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Speaker 2: supposed to translate into making a lot of money, not

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Speaker 2: understanding that.

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Speaker 3: The schooling is merely a tool you use along the

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Speaker 3: path to try to make money.

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Speaker 2: So the guy from Pellant here is saying a lot

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Speaker 2: of these, you know, well educated Ivy leaguers, they got

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Speaker 2: all these degrees and they're sitting here and they're barely

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Speaker 2: scraping by living in a really, really high expense place

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Speaker 2: New York, and they see people that are getting into

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Speaker 2: the oil industry or people that are just working on

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Speaker 2: drilling rigs.

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Speaker 3: Making more money than them, and they don't like this.

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Speaker 2: In other words, class warfare used to be the lower

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Speaker 2: class is rising up against the wealthy. The CEO of

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Speaker 2: pellanteer suggesting that this is just the opposite. It's people

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Speaker 2: that are in the upper class but think that they

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Speaker 2: should be more upper than they are, resenting people in

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Speaker 2: the middle class that are rising to the upper middle class.

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Speaker 2: There's a term that you see all the time just

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Speaker 2: being thrown around with regard to people who think that

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Speaker 2: their you know what doesn't smell. It's called entitlement. And

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Speaker 2: I think that's where this is going. Let's get back

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Speaker 2: to Finley's column. He has a point. Colleges are graduating

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Speaker 2: a surf fight of young people who lack hard or

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Speaker 2: even soft skills. Even as employers can plain about a

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Speaker 2: dearth of qualified workers, a growing college educated proletariat can't

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Speaker 2: find jobs they want to work.

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Speaker 3: Let me interject, We've just seen this.

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Speaker 2: The number of people with college degrees who don't know

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Speaker 2: how to do anything. The keyword in there was the

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Speaker 2: verb do oh. They know this and they know that,

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Speaker 2: but they don't know.

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Speaker 3: How to do anything. I don't know how much I

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Speaker 3: know how to do.

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Speaker 2: Fortunately, I knew how to do radio. I know how

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Speaker 2: to do writing a newspaper column, a few things I

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Speaker 2: know how to do. For these people that are coming

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Speaker 2: out of these colleges with these fuzzy majors, or even

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Speaker 2: in some cases majors that aren't so fuzzy, but don't

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Speaker 2: have any practical skills. They may have knowledge about some things,

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Speaker 2: but they don't know how to do anything. And other

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Speaker 2: than just going on and teaching more people who don't

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Speaker 2: know how to do anything. In order to get ahead

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Speaker 2: in the world, you have to be able to do something.

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Speaker 2: If you can't do anything, nobody's going to pay you.

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Speaker 2: What do you bring to the table. They believe this

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Speaker 2: is finley. They believe their degrees aren't being adequately rewarded

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Speaker 2: by the free market, and blame capitalism. The real culprit

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Speaker 2: is enormous government subsidies of higher education, which has distorted

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Speaker 2: the labor supply. More than seven million bachelor's degree recipients

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Speaker 2: have entered the labor force since January of twenty twenty. Meanwhile,

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Speaker 2: the number of workers without college degrees has declined by

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Speaker 2: about two hundred thousand, and those with associate degrees has

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Speaker 2: shrunk by one point one million. Let me interject, we've

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Speaker 2: seen this. I've talked about it a lot. The reason

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Speaker 2: that there is such a drastic shortage of workers in

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Speaker 2: the semi skilled and skilled tech fields and then other

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Speaker 2: fields in which some manual laborers involved, the construction trades

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Speaker 2: and so on, is because fewer and fewer and fewer

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Speaker 2: people are going on that path, and more and more

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Speaker 2: and more one of the college path. So you have

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Speaker 2: a surplus for people that are in the market for

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Speaker 2: the so called traditional college educated jobs and a drastic shortage.

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Speaker 3: Of the others.

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Speaker 2: So this creates the need for people that are looking

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Speaker 2: for the semi skill, the trades and all of that

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Speaker 2: other stuff to pay more and more and more because

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Speaker 2: they've got fewer people in their pool. And here's all

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Speaker 2: these people who went to college and look at So

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Speaker 2: I don't like this. I've been arguing for years, way

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Speaker 2: too many people are going to college, and some people

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Speaker 2: are going to college, who'll be better off. Not Now

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Speaker 2: I'll get back to the column, and again all of

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Speaker 2: this is leading to this appeal of Marxism. But the

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Speaker 2: point that I've made is, well, college is beneficial for

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Speaker 2: many people. We forget that more than half the people

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Speaker 2: who in our college drop out, and many of those

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Speaker 2: that go to college barely scraped by, and many of

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Speaker 2: them go into fields in which the thing that you're

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Speaker 2: majoring in, there are nowhere near as many jobs as

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Speaker 2: there are people that are graduating in those fields. The

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Speaker 2: biggest problem here my generation, Paul's generation at close second,

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Speaker 2: because here's an overlap. Parents who pushed their kids to

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Speaker 2: go to college when they should have sized that kid

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Speaker 2: up and said there's a lot of other things that

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Speaker 2: you can do.

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Speaker 3: This whole you know the old joke about the Jewish weather.

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Speaker 2: Mice and the doctor, Well that thing became on steroids.

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Speaker 2: No parent wanted to claim that their kid was going

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Speaker 2: to tex school, that the kid was appredicing in the trades,

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Speaker 2: so that the kid was going to go and be

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Speaker 2: a tech.

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Speaker 3: They wouldn't didn't want to do that. They they pushed

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Speaker 3: to push their kids.

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Speaker 2: And then all of these quack high school guidance counselors.

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Speaker 2: And again, they're not all quacks. I'm referring to the

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Speaker 2: ones that are quacks. I should make that clear. I

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Speaker 2: think some are very good. But those that were quacks,

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Speaker 2: they were simple college college college college, and there was

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Speaker 2: a racket in it. The college is charged more and

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Speaker 2: more and more tuition. The government handed out more and

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Speaker 2: more and more student loans. A lot of the people

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Speaker 2: that went in there took their student loans and then

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Speaker 2: didn't work during college that they had massive debt. Now

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Speaker 2: they got a degree that isn't leading anything. They're sitting

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Speaker 2: there with all this debt. Maybe, Okay, whose fault is?

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Speaker 2: It's capitalism's fault. I'm going to become a commie. You know,

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Speaker 2: I'm right about this, and this is our Finley's driving

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Speaker 2: this is what's happening continuing as baby boomers and blue

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Speaker 2: collar professions retire, Labor shortages are growing in industries like construction, trucking,

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Speaker 2: and manufacturing. President Trump's deportation compound the problem. Now she's

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Speaker 2: saying that one of the downsides of throwing the illegals

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Speaker 2: out is they're the the ones that have been filling

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Speaker 2: the gaps in some of these areas. There is I

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Speaker 2: think some truth to this, this whole thing with the

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Speaker 2: HB one visas where Trump is saying, well, there's some

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Speaker 2: fields in which we just don't have enough Americans who

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Speaker 2: know how.

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Speaker 3: To do this.

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Speaker 2: All of that is correct, just any number of fields

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Speaker 2: in which we have Americans that don't know how to

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Speaker 2: do the thing that's in demand, but we have all

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Speaker 2: sorts of other Americans who have all these degrees.

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Speaker 3: And things that aren't in any demand at all. Let

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Speaker 3: me clue you in on something.

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Speaker 2: Do you know how much demand there is for somebody

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Speaker 2: with a major in women's studies zelch, especially with DEI

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Speaker 2: On the downside, Back to the piece, Nearly fifty percent

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Speaker 2: of small business owners reported few or no qualified job

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Speaker 2: applicants last month, and a National Federation of Independent Business

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Speaker 2: survey finding qualified workers is proving to be impossible. A

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Speaker 2: Missouri manufacturer told the NFIB you think about this. We

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Speaker 2: have a slowing economy, yet numerous employers can't find anybody

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Speaker 2: applying for a job who's qualified. Continuing, the sentiment was

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Speaker 2: echoed by a California auto shop. We need to teach

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Speaker 2: the trades in high school again. Trade jobs can pay well,

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Speaker 2: but there is a real shortage of people willing and

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Speaker 2: able to do the job.

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Speaker 3: Too.

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Speaker 2: Many young college grads are unemployed because they aren't willing

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Speaker 2: or able to do the jobs that are available. As

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Speaker 2: of October twenty twenty four, thirty point four percent of

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Speaker 2: twenty to twenty nine year olds who had earned bachelor's

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Speaker 2: degrees that year weren't working. What that October twenty the

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Speaker 2: economy in terms of unemployment is still as it was

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Speaker 2: not bad. I when I graduated from college.

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Speaker 3: The unemployment rate was ten percent.

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Speaker 2: I grabbed onto the first job I could get, which

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Speaker 2: happened to be on radio and oshkosh, and I was

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Speaker 2: really skilled in that field, which is why I was

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Speaker 2: able to get into it. You've got ten percent college

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Speaker 2: can't find a job because they can't find a job

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Speaker 2: and the thing that they want to do not the

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Speaker 2: thing in which the jobs are available, continue compared with

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Speaker 2: twenty one point nine percent for those who earned associate

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Speaker 2: degrees during the same period, according to the Bureau of

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Speaker 2: Labor Statistics. Fortunately, for many college grads, they have parents

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Speaker 2: with the means to support them financially while they search

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Speaker 2: for the perfect job. Young adults with lesser pedigrees may

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Speaker 2: not be as picky about jobs because they can't afford

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Speaker 2: to be. They will deliver packages for Amazon or man

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Speaker 2: a supermarket cash judges they to pay the bills. Recent

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Speaker 2: college grads view such drudgery as beneath them and think

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Speaker 2: employers are too demanding. Quote for gen Zers, work is

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Speaker 2: now more depressing than unemployment. Run a New York Times

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Speaker 2: op ed headline last week, the entire process of getting

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Speaker 2: and keeping an entry level job has become a grueling

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Speaker 2: and dehumanizing ordeal over the past decade. The author writes,

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Speaker 2: young people grouse that employers are monitoring their productivity with

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Speaker 2: surveillance state technology and expect them to be doing six

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Speaker 2: jobs in a forty hour work week.

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Speaker 3: Think about that.

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Speaker 2: They're complaining that the employer is keeping an eye on

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Speaker 2: whether or not they're doing their job.

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Speaker 3: By the way, that is it.

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Speaker 2: No, the only thing that is new is the techniques

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Speaker 2: putting a camera over the person's little cubby work cubby

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Speaker 2: in order to be able to see what they're doing.

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Speaker 3: Managers have always been trying to make me are you working,

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Speaker 3: how you're working? Are you working?

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Speaker 2: But what's happening here is there's this generation that just

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Speaker 2: doesn't expect to have to work.

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Speaker 3: Now this is me and not the column.

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Speaker 2: I remember when this whole thing of the four day

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Speaker 2: week kids started coming up about two or three years ago.

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Speaker 2: He say, you know, I needed to have the work

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Speaker 2: life balance and all this. This is right at the

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Speaker 2: time that me, after slaving away my entire life, moved

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Speaker 2: to a four day work week. You know, after I

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Speaker 2: had the stroll, I wanted to continue to et cetera.

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Speaker 2: And now I'm doing three at my advanced elderly decrepit

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Speaker 2: agent here. I think I had to work for over

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Speaker 2: forty five years before I ever got to them.

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Speaker 3: They're saying this at twenty two.

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Speaker 2: People who have this mindset that don't want to accept

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Speaker 2: the requirements of capitalism. You have to work and produce

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Speaker 2: something in order to get capital. Of course, they're going

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Speaker 2: to suck up to the notion of Marxism, in which

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Speaker 2: we're gonna give you all this free stuff and you

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Speaker 2: don't have to do a damn thing, and you can

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Speaker 2: just sit on your ass because you're a depressed, lazy

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Speaker 2: slug who's been taken antidepressants their entire life. Back to

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Speaker 2: the column, winding the sub heaven forfend that they be

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Speaker 2: asked to complete multiple assignments in a week, little kids

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Speaker 2: in grade school once we're expected to do before schools

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Speaker 2: started becoming homework, And how dear employers refuse to pay

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Speaker 2: them for scrolling TikTok. It's understandable that grads might feel

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Speaker 2: indignant about employer demands after having earned stellar GPAs for

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Speaker 2: little effort and mediocre work. A recent Harvard report found

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Speaker 2: that as account for about sixty percent of grades, compared

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Speaker 2: with twenty five percent two decades ago. The story goes on,

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Speaker 2: I want to get to the next part of the

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Speaker 2: Marxism thing, Bud. That's the other part. A lot of

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Speaker 2: these people aren't really skilled at anything, but they think

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Speaker 2: they are because they've been getting these inflating grades forever,

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Speaker 2: started when their parents told everybody that they're special, just

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Speaker 2: ignoring the definition of special. Special is a unique, select,

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Speaker 2: small group of the mass of whatever the thing is

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Speaker 2: that you're talking about.

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Speaker 3: But everybody is special.

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Speaker 2: And then they all got a's, so they all think

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Speaker 2: that these brilliant special people, but in fact what they

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Speaker 2: are is they're the average, except their worst of the average.

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Speaker 3: Because while they have some knowledge.

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Speaker 2: That I'm going to do anything, and now that they're

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Speaker 2: hired to do something they don't want to do it,

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Speaker 2: and they get freshmitted with they told they.

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Speaker 3: Have work, work, work, work work.

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Speaker 2: What a perfect prescription, What a perfect route for the

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Speaker 2: Marxists to go after. Next piece that I want to share,

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Speaker 2: Andy Kessler, also in the Wall Street Journal. He moves

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Speaker 2: to the next thing about how, okay, let's suppose we

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Speaker 2: do this Marxism thing, how it turns into a disaster.

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Speaker 2: This shouldn't be necessary to explain because we've got about,

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Speaker 2: you know, Kyle Marx came around, and Russia was the

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Speaker 2: first country to take it in really big with the

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Speaker 2: Revolution in nineteen seventeen, and all of this stuff. We've

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Speaker 2: had over a century of watching this, and it keeps

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Speaker 2: happening the same way over and over and over and

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Speaker 2: over again. But all of these well educated people don't

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Speaker 2: know it because they've been educated by people who kind

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Speaker 2: of lean toward Marxism. Anyway, the perfect example of somebody

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Speaker 2: who would buy into Marxism is somebody that's got a

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Speaker 2: reasonably well paying job that doesn't have to work very

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Speaker 2: hard and has no fear of being fired. University professors

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Speaker 2: and most for that matter, public school unionized teachers.

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Speaker 3: All right, here's Kessler.

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Speaker 2: Anarchists detonated a bomb in nineteen twenty at JP Morgan

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Speaker 2: and Company's headquarters at twenty three Wall Street, killing thirty

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Speaker 2: eight and wounding more than one hundred. Scars from that

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Speaker 2: bombing are still visible today. So are anarchists. As the

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Speaker 2: little Girl said in Poltergeist two, they're back. Will new

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Speaker 2: socialists New York City mayor Zoraan Mamdani lead to disorder,

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Speaker 2: free party buses and no cops? Here's a hint. He

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Speaker 2: tweeted in twenty twenty. Taxation isn't theft? Capitalism is? How

381
00:22:41,359 --> 00:22:45,199
Speaker 2: about a one hundred percent tax rate? Comrade, Anarchy is

382
00:22:45,240 --> 00:22:49,919
Speaker 2: in the air, Alex Soros. That's George Soros's son celebrated

383
00:22:49,920 --> 00:22:54,320
Speaker 2: the New York mayor result by tweeting, the American Dream continues.

384
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Speaker 2: His father's Open Society Foundation has a history of funding anarchy,

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Speaker 2: producing criminal justice reforms and anti police movements.

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Speaker 3: Some American breed.

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Speaker 2: Now let me interject where he's going with is this

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Speaker 2: Marxism leads to violence and disorder. This is in their

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Speaker 2: playbook and for people that well, but people will then

390
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Speaker 2: turn against it. Look at twenty twenty COVID and then

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Speaker 2: the George Floyd riots, and then Trump loses. Now Trump

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00:23:26,680 --> 00:23:29,760
Speaker 2: believes that it was stolen from him, without regard to that.

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00:23:30,080 --> 00:23:32,840
Speaker 2: Trump did better in sixteen, but better in twenty four.

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Speaker 2: It was during the period of time in which this

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Speaker 2: anarchy was going on that the left actually thrived.

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Speaker 3: It's been part of their playbook forever.

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Speaker 2: You go back to rules for radicals and all of

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Speaker 2: the prescriptions that the left has. It's always violence, violence, violence, violence,

399
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Speaker 2: violence that think about Marxists. Marxists always become violent. Example

400
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Speaker 2: Castro Comma, Fidel guervera comma chi. Let me get back

401
00:23:57,920 --> 00:24:04,080
Speaker 2: now to column why anarchy and destruction of social order?

402
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Speaker 3: Always ask who benefits?

403
00:24:06,880 --> 00:24:09,480
Speaker 2: The breakdown of society is a means to an end

404
00:24:09,600 --> 00:24:13,720
Speaker 2: the long game of political control. Citizens' scream save me,

405
00:24:14,359 --> 00:24:18,560
Speaker 2: This isn't new. The Reichstag fire, food shortage is driving

406
00:24:18,560 --> 00:24:23,560
Speaker 2: a Bolshevik uprising, pandemic riots. Anarchy works. I have no

407
00:24:23,640 --> 00:24:27,840
Speaker 2: lug for czars, but control often passes to political systems

408
00:24:27,840 --> 00:24:32,639
Speaker 2: that are much worse socialism, communism, authoritarian control. Only the

409
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Speaker 2: new rulers are better off. But wait, isn't society crumbling?

410
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Speaker 2: Haven't you heard that? Costs or skyrocketing jobs are hard

411
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Speaker 2: to find. Late stage capitalism is failing and the source

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Speaker 2: of all evil. Many youths think socialism save me, but

413
00:24:49,200 --> 00:24:54,080
Speaker 2: there's always economic upheaval. Unlike anarchy, economic chaos is driven

414
00:24:54,160 --> 00:24:57,600
Speaker 2: by creative destruction, and productivity is a long term plus.

415
00:24:57,920 --> 00:25:01,679
Speaker 2: It generates societal wealth by breaking down a sclerotic status

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Speaker 2: quo and bringing better living standards. Anarchy destroys wealth to

417
00:25:06,119 --> 00:25:10,000
Speaker 2: get power. The nineteen seventies were dismal. In nineteen seventy six,

418
00:25:10,040 --> 00:25:13,159
Speaker 2: the sex Pistols released Anarchy in the UK, which goes,

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Speaker 2: don't know what I want, but I know how to

420
00:25:16,080 --> 00:25:19,560
Speaker 2: get it. I want to destroy passers by and God

421
00:25:19,600 --> 00:25:21,639
Speaker 2: save the Queen Johnny Rotten saying.

422
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Speaker 3: No future, no future for you.

423
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Speaker 2: It resonated jobs are scarce, inflation was roaring, unions ruled

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Speaker 2: schools failed to educate. Sound familiar. Today, under educated youths,

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Speaker 2: along with a quieter illegal immigrant population, are complaining about

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Speaker 2: no future. Will socialists and anarchy save them?

427
00:25:42,000 --> 00:25:42,440
Speaker 3: Hardly?

428
00:25:43,359 --> 00:25:46,679
Speaker 2: It was an anarchist that ended the seventies malaise. It

429
00:25:46,720 --> 00:25:50,040
Speaker 2: was a different type of voter frustration regime change that

430
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Speaker 2: upended the status quo free marketeers like Margaret Thatcher and

431
00:25:55,000 --> 00:26:01,480
Speaker 2: Ronald Reagan. Constructionists, not anarchists, still disorder sell. I've noticed

432
00:26:01,640 --> 00:26:04,520
Speaker 2: the New York Times now labels the twenty twenty George

433
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Speaker 2: Floyd riots as quote broadlay peaceful protests because because CNN's

434
00:26:11,200 --> 00:26:15,840
Speaker 2: mostly peaceful protests was ridiculed so badly. Anarchy ruled in

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00:26:15,920 --> 00:26:19,760
Speaker 2: Seattle's Capitol Hill Autonomous Zone in twenty twenty and in

436
00:26:19,800 --> 00:26:23,680
Speaker 2: the smelly Occupy Wall Street encampments of twenty eleven. Add

437
00:26:23,720 --> 00:26:26,200
Speaker 2: to the list the January sixth, twenty twenty one mouth

438
00:26:26,240 --> 00:26:30,000
Speaker 2: breathers who stormed the Capitol, the recent campus protests, and

439
00:26:30,119 --> 00:26:34,200
Speaker 2: progressive support of Hamas terrorists in Gaza and further Middle

440
00:26:34,240 --> 00:26:38,120
Speaker 2: East unrest is all about anarchy. Same for Greta Thunberg's

441
00:26:38,160 --> 00:26:41,840
Speaker 2: omni cause of grievances. Europe was left behind because of

442
00:26:41,880 --> 00:26:47,240
Speaker 2: green spending anarchy, especially bent during cold winters. Again, why

443
00:26:47,760 --> 00:26:49,200
Speaker 2: who benefits?

444
00:26:49,760 --> 00:26:50,600
Speaker 3: Say that's the key.

445
00:26:52,480 --> 00:26:54,840
Speaker 2: There are two keys to understanding everything in life. This

446
00:26:54,880 --> 00:26:58,679
Speaker 2: is me and not Kessler. Who benefits? And follow the money?

447
00:26:59,160 --> 00:27:02,320
Speaker 2: They're different ways of saying the same thing. Who benefits,

448
00:27:03,840 --> 00:27:08,480
Speaker 2: follow the money? Ask yourself that about DEI becomes very

449
00:27:08,600 --> 00:27:16,080
Speaker 2: easy to understand. Now, his piece goes on, I want

450
00:27:16,080 --> 00:27:20,879
Speaker 2: to move to another commentator, Joe Rogan, on his podcast

451
00:27:20,880 --> 00:27:24,480
Speaker 2: this week, he said he believes that we're probably he

452
00:27:24,600 --> 00:27:27,440
Speaker 2: used the term at a seven seventy percent likely to

453
00:27:27,520 --> 00:27:30,840
Speaker 2: have a civil war in the United States, and his

454
00:27:30,920 --> 00:27:32,720
Speaker 2: comments deal with his.

455
00:27:34,160 --> 00:27:36,560
Speaker 3: This is the guy who used to be on the left.

456
00:27:36,880 --> 00:27:39,600
Speaker 2: How stunned he was to see so many people celebrating

457
00:27:39,600 --> 00:27:43,440
Speaker 2: and happy that Charlie Kirk was killed. Now I think

458
00:27:43,440 --> 00:27:46,359
Speaker 2: I'm farther ahead on Rogan on this. I've been seeing

459
00:27:46,359 --> 00:27:50,239
Speaker 2: this for some time. I'm going to explain with my

460
00:27:50,440 --> 00:27:52,919
Speaker 2: why this is happening, which is my conclusion after we

461
00:27:52,960 --> 00:27:55,800
Speaker 2: get to Rogan. So Rogan's now on the third point,

462
00:27:56,600 --> 00:27:59,120
Speaker 2: the number of Americans that are no embracing the notion

463
00:27:59,280 --> 00:28:03,400
Speaker 2: of violence and killing the opposition, and how this sentiment

464
00:28:03,480 --> 00:28:05,800
Speaker 2: is almost entirely from the left, in other words, the

465
00:28:05,840 --> 00:28:11,520
Speaker 2: Marxist world from Fox News, podcast host Joe Rogan warned

466
00:28:11,520 --> 00:28:15,119
Speaker 2: on Tuesday that not just the death of TPUSA co

467
00:28:15,200 --> 00:28:17,919
Speaker 2: founder Charlie Kirk, but the celebration of it, indicates the

468
00:28:17,960 --> 00:28:21,000
Speaker 2: country is inching closer to a civil war. Rogan spoke

469
00:28:21,040 --> 00:28:24,800
Speaker 2: with his guest Brian Redbond about how there has been

470
00:28:24,840 --> 00:28:28,320
Speaker 2: a chaotic back and forth kit for tat between America's

471
00:28:28,359 --> 00:28:31,399
Speaker 2: political left and right in recent years. He argued the

472
00:28:31,440 --> 00:28:34,679
Speaker 2: stark division within the country was expressed by the murder

473
00:28:34,680 --> 00:28:37,760
Speaker 2: of Kirk during a campus event this past September. Quote,

474
00:28:37,960 --> 00:28:40,880
Speaker 2: Charlie Kirk gets shot and people are celebrating, like.

475
00:28:40,920 --> 00:28:42,760
Speaker 3: Whoa, whoa, whoa, whoa, whoa.

476
00:28:43,880 --> 00:28:47,880
Speaker 2: You want people to die that you disagree with? Like,

477
00:28:47,960 --> 00:28:50,240
Speaker 2: where are we right now on the scale of one

478
00:28:50,320 --> 00:28:53,560
Speaker 2: too civil war? Where are we Are we at seven?

479
00:28:54,280 --> 00:28:56,640
Speaker 2: Because I thought we were at five. I thought we

480
00:28:56,640 --> 00:29:00,800
Speaker 2: were like four, four, five, he said during Twoday's podcasts

481
00:29:00,800 --> 00:29:04,320
Speaker 2: of the Joe Rogan Experience. But after the Charlie Kirk thing,

482
00:29:04,440 --> 00:29:08,880
Speaker 2: I'm like, oh, we might be like seven, might be

483
00:29:09,040 --> 00:29:12,040
Speaker 2: like seven on the way to a bonafide civil war.

484
00:29:15,520 --> 00:29:18,640
Speaker 2: Rogan highlighted how it's not just people on the margins,

485
00:29:18,640 --> 00:29:22,320
Speaker 2: but people in respected fields posting their joy about an

486
00:29:22,320 --> 00:29:25,720
Speaker 2: assassination on their public social media profiles. Let me interject,

487
00:29:25,920 --> 00:29:29,440
Speaker 2: it was big shots, as educators, fairly prominent people. These

488
00:29:29,440 --> 00:29:31,280
Speaker 2: are the ones that were saying all these positive and

489
00:29:31,320 --> 00:29:32,800
Speaker 2: wonderful things that it's always.

490
00:29:32,520 --> 00:29:35,600
Speaker 3: In it right that Charlie Kirk was killed again.

491
00:29:35,640 --> 00:29:37,440
Speaker 2: This goes back to the kinds of people that are

492
00:29:37,440 --> 00:29:38,800
Speaker 2: biting into the Marxism thing.

493
00:29:39,880 --> 00:29:40,320
Speaker 3: All right.

494
00:29:40,480 --> 00:29:42,600
Speaker 2: Now, Rogan goes on in which he thinks that there's

495
00:29:42,600 --> 00:29:45,480
Speaker 2: a real chance of civil war. And the reason he

496
00:29:45,520 --> 00:29:48,160
Speaker 2: believes this is when they start killing people right and

497
00:29:48,240 --> 00:29:50,600
Speaker 2: left and taking away of rights and the socialism comes in.

498
00:29:51,160 --> 00:29:52,880
Speaker 2: Do you really think that everybody else is just going

499
00:29:52,920 --> 00:29:58,480
Speaker 2: to roll over on this? Now, Marxism always leads to this.

500
00:29:59,320 --> 00:30:06,520
Speaker 2: You go back to wrought history. Marxism comes in under

501
00:30:06,560 --> 00:30:08,959
Speaker 2: the name of socialism. Oh, it's going to be wonderful.

502
00:30:09,000 --> 00:30:10,880
Speaker 2: Everybody's going to all these things that are free, blah

503
00:30:10,880 --> 00:30:11,880
Speaker 2: blah blah blah.

504
00:30:12,160 --> 00:30:14,200
Speaker 3: And we have tyrants that are in charge.

505
00:30:14,280 --> 00:30:17,800
Speaker 2: We got rid of them. But then it doesn't work.

506
00:30:18,960 --> 00:30:22,280
Speaker 2: Marxism never works. And as a result of that, in

507
00:30:22,360 --> 00:30:25,320
Speaker 2: order for the Marxists to maintain power, that's when freedom

508
00:30:25,360 --> 00:30:27,440
Speaker 2: is taken away, and that's when they start killing people.

509
00:30:27,960 --> 00:30:31,600
Speaker 2: That's when the elections end. When the left talks about

510
00:30:31,600 --> 00:30:33,800
Speaker 2: a threat to democracy, they're talking about a threat to

511
00:30:34,080 --> 00:30:41,240
Speaker 2: when they lose elections. Castro and Chrigevera overthrew the Batista

512
00:30:41,240 --> 00:30:43,480
Speaker 2: government and Cuban in the late nineteen fifties. There hasn't

513
00:30:43,520 --> 00:30:47,800
Speaker 2: been a real election there said, there still isn't any freedom.

514
00:30:49,960 --> 00:30:53,520
Speaker 2: They send the kids to re indoctrination schools, ban the church.

515
00:30:55,200 --> 00:31:00,000
Speaker 3: Could happened in Russia. Same thing. Watch the movie read

516
00:31:00,160 --> 00:31:03,240
Speaker 3: it was a Warren Baby movie.

517
00:31:04,560 --> 00:31:07,400
Speaker 2: It focused on Jack Raid in America and fell in

518
00:31:07,480 --> 00:31:10,080
Speaker 2: love with the Russian Revolution. Is so all this high

519
00:31:10,080 --> 00:31:14,959
Speaker 2: minded stuff and it was going to be wonderful for

520
00:31:14,960 --> 00:31:18,240
Speaker 2: one hundred years. All Russia was was terrible repression. And

521
00:31:18,280 --> 00:31:22,520
Speaker 2: it was repression because the economic system didn't work. It's

522
00:31:22,560 --> 00:31:26,160
Speaker 2: so simple to understand why it doesn't work. If you

523
00:31:26,160 --> 00:31:28,880
Speaker 2: don't pay people a lot of money for producing things,

524
00:31:29,720 --> 00:31:32,120
Speaker 2: they're not going to produce anything, so then we don't

525
00:31:32,120 --> 00:31:34,760
Speaker 2: have anything produced. So everything costs a fortune and everybody

526
00:31:34,800 --> 00:31:38,160
Speaker 2: is miserable. This whole thing falls apart. It's always fallen

527
00:31:38,200 --> 00:31:41,840
Speaker 2: apart the people that are most open to it, on

528
00:31:41,960 --> 00:31:45,800
Speaker 2: people who aren't buying into what you need to have

529
00:31:45,880 --> 00:31:51,600
Speaker 2: to do under capitalism to succeed, which means create value

530
00:31:51,800 --> 00:31:54,120
Speaker 2: unto yourself. You have to bring something to the table

531
00:31:54,480 --> 00:31:57,080
Speaker 2: and then you gotta work your ass off or come

532
00:31:57,160 --> 00:31:59,120
Speaker 2: up with an idea. So dog on good that you

533
00:31:59,120 --> 00:32:03,400
Speaker 2: can sell your company make zillions. It's always been the case. Well,

534
00:32:03,440 --> 00:32:05,600
Speaker 2: they don't want to do any of those things. First

535
00:32:05,600 --> 00:32:07,640
Speaker 2: of all, they're not smart enough to create anything that's

536
00:32:07,640 --> 00:32:10,840
Speaker 2: worth value. And secondly, they don't want to work, so

537
00:32:10,880 --> 00:32:12,160
Speaker 2: they buy into this next thing.

538
00:32:12,800 --> 00:32:14,240
Speaker 3: And then when somebody's.

539
00:32:13,760 --> 00:32:16,239
Speaker 2: Trying to obstruct and stop them on their way to Marxism, well,

540
00:32:16,240 --> 00:32:17,720
Speaker 2: we gotta kill him. We gotta kill him, We gotta

541
00:32:17,760 --> 00:32:19,360
Speaker 2: kill him, we gotta kill him. And there's gonna be

542
00:32:19,360 --> 00:32:19,880
Speaker 2: more of it.

543
00:32:24,880 --> 00:32:25,560
Speaker 3: Let me move on.

544
00:32:29,600 --> 00:32:33,520
Speaker 2: The I believe it's overwhelmingly likely that the Supreme Court

545
00:32:33,640 --> 00:32:36,400
Speaker 2: is going to strike down Trump's ability to teariff, which

546
00:32:36,400 --> 00:32:38,640
Speaker 2: I think is going to be a very very bad thing. Now,

547
00:32:38,640 --> 00:32:40,760
Speaker 2: the argument is whether or a Trump has the ability

548
00:32:40,800 --> 00:32:43,200
Speaker 2: to tear iff on his owner if he needs congressional approval.

549
00:32:44,320 --> 00:32:47,920
Speaker 2: The Supreme Court says that only Congress has to approve taxation.

550
00:32:48,120 --> 00:32:52,440
Speaker 2: Tariffs are attacks. It's just unclear if tariffs are attacks.

551
00:32:52,560 --> 00:32:55,040
Speaker 2: I don't think they are, but I understand why people

552
00:32:55,040 --> 00:32:58,680
Speaker 2: can make the point the tariff is something that is

553
00:32:58,760 --> 00:33:06,320
Speaker 2: levied on them of the product. Is that a tax

554
00:33:06,520 --> 00:33:08,640
Speaker 2: that's levied out in America? And you can argue if

555
00:33:08,680 --> 00:33:11,360
Speaker 2: the product's being imported from overseas, it's being levied on

556
00:33:11,400 --> 00:33:14,160
Speaker 2: the foreigners, it's being levied on a foreign nation, it's

557
00:33:14,200 --> 00:33:17,479
Speaker 2: a charge to them, meaning it's foreign policy, which is

558
00:33:17,640 --> 00:33:19,160
Speaker 2: the entire domain.

559
00:33:18,840 --> 00:33:19,640
Speaker 3: Of the executive.

560
00:33:20,400 --> 00:33:23,720
Speaker 2: The Congress has, other than declaration of war, zero role

561
00:33:23,800 --> 00:33:25,920
Speaker 2: and foreign policy, and the courts of zero role in

562
00:33:25,960 --> 00:33:30,880
Speaker 2: foreign policy. But taxation, that's a congressional thing. Trump argues

563
00:33:30,880 --> 00:33:35,920
Speaker 2: its foreign policy, and he's using emergency status to govern

564
00:33:35,960 --> 00:33:40,480
Speaker 2: with these tariffs, and the opponents are saying it's taxation,

565
00:33:40,560 --> 00:33:42,520
Speaker 2: and I suspect the Supreme Court is going to try

566
00:33:42,520 --> 00:33:45,240
Speaker 2: to clip the wings of the executive, fearing that the

567
00:33:45,280 --> 00:33:45,920
Speaker 2: executive is.

568
00:33:45,920 --> 00:33:47,160
Speaker 3: Taking too much power here.

569
00:33:47,720 --> 00:33:49,720
Speaker 2: In any event, one of the things happening with the

570
00:33:49,760 --> 00:33:52,440
Speaker 2: tariffs is, you know, they're being paid and a fortune

571
00:33:52,520 --> 00:33:53,040
Speaker 2: is coming in.

572
00:33:53,280 --> 00:33:54,720
Speaker 3: So Trump's floating this idea.

573
00:33:54,800 --> 00:33:56,560
Speaker 2: It's not going to happen because there's no way the

574
00:33:56,600 --> 00:33:58,760
Speaker 2: Congress is going to approve it. But Trump said, let's

575
00:33:58,800 --> 00:34:01,640
Speaker 2: send two thousand dollars every taxpayer in the United States,

576
00:34:02,360 --> 00:34:04,400
Speaker 2: and we've got so much tariff money flowing in that

577
00:34:04,440 --> 00:34:06,840
Speaker 2: we're going to rebate some of it. Now, you could

578
00:34:06,880 --> 00:34:09,040
Speaker 2: argue that that's a bad idea because the money should

579
00:34:09,040 --> 00:34:11,239
Speaker 2: be used to produce the federal deficit, come closer to

580
00:34:11,280 --> 00:34:13,680
Speaker 2: balancing the budget and so on, rather than giving it

581
00:34:13,719 --> 00:34:15,600
Speaker 2: back to the people. I think the reason Trump is

582
00:34:15,640 --> 00:34:18,600
Speaker 2: throwing this out there is so that people realize just

583
00:34:18,719 --> 00:34:20,720
Speaker 2: how much money we're making.

584
00:34:20,400 --> 00:34:21,200
Speaker 3: Off of ball of this.

585
00:34:22,080 --> 00:34:25,240
Speaker 2: Well, some people argue that they're raising prices. I haven't

586
00:34:25,280 --> 00:34:28,160
Speaker 2: seen any evidence of it. Inflation's running under three percent.

587
00:34:31,120 --> 00:34:35,319
Speaker 2: The money rolling into the government is a counter to that.

588
00:34:39,520 --> 00:34:42,640
Speaker 2: Now this I've been on this for several days, and

589
00:34:42,680 --> 00:34:48,880
Speaker 2: I want to continue with a brief segment. I think

590
00:34:49,440 --> 00:34:51,800
Speaker 2: I always have a sense when things don't sink into people.

591
00:34:52,080 --> 00:34:55,160
Speaker 2: I've been like any number of segments on why why

592
00:34:55,239 --> 00:34:56,560
Speaker 2: Obamacare is falling.

593
00:34:56,280 --> 00:34:57,800
Speaker 3: Apart, and that's the need for the bailout.

594
00:34:57,880 --> 00:35:02,640
Speaker 2: Now, I want to go back to something that I

595
00:35:02,640 --> 00:35:04,560
Speaker 2: said though during the discussion of Marxism.

596
00:35:05,480 --> 00:35:09,720
Speaker 3: Who benefits follow the money? Who benefited.

597
00:35:11,320 --> 00:35:15,160
Speaker 2: From Obamacare? Follow the money? Is a way of saying

598
00:35:15,200 --> 00:35:20,840
Speaker 2: the same thing some people actually don't know. It's the

599
00:35:20,880 --> 00:35:27,040
Speaker 2: same thing who benefited from mandating the COVID vaccines the

600
00:35:27,120 --> 00:35:32,160
Speaker 2: companies that sold the vaccines, right, Can you imagine being

601
00:35:32,200 --> 00:35:34,560
Speaker 2: in a business in which people were ordered to buy

602
00:35:34,600 --> 00:35:35,200
Speaker 2: your product.

603
00:35:35,440 --> 00:35:39,200
Speaker 3: What a great thing to be in. Right. Who benefited

604
00:35:39,200 --> 00:35:40,040
Speaker 3: from Obama?

605
00:35:40,120 --> 00:35:45,560
Speaker 2: The insurance companies benefited. We had this group of people

606
00:35:45,600 --> 00:35:52,440
Speaker 2: that weren't insured. Now they were part of Obamacare, so

607
00:35:52,480 --> 00:35:55,840
Speaker 2: they were insured. That means the insurance companies are being paid,

608
00:35:57,880 --> 00:36:00,799
Speaker 2: and they were being paid with these massive subsidies that

609
00:36:00,880 --> 00:36:06,680
Speaker 2: came from the government. Some quotes on this that I found.

610
00:36:07,239 --> 00:36:10,600
Speaker 2: This is a piece from justinnews dot com. The Obamacare

611
00:36:10,680 --> 00:36:14,640
Speaker 2: secret At the heart of the shutdown, insurers made billions

612
00:36:14,640 --> 00:36:18,399
Speaker 2: at taxpayer expense. Subsidies were greatly expanded by the Biden

613
00:36:18,400 --> 00:36:21,880
Speaker 2: administration during the COVID pandemic as an emergency measure, but

614
00:36:21,960 --> 00:36:26,239
Speaker 2: Democrats have fought to keep them permanent. Those subsidies were

615
00:36:26,280 --> 00:36:30,160
Speaker 2: mostly to Democratic donors large healthcare insurers. By the way,

616
00:36:30,360 --> 00:36:32,440
Speaker 2: if you take a look at the donations made by

617
00:36:32,480 --> 00:36:36,640
Speaker 2: the healthcare insurance industry, almost all the time, I didn't

618
00:36:36,640 --> 00:36:39,800
Speaker 2: say all, Almost all the top recipients are Democrats. You

619
00:36:39,880 --> 00:36:44,200
Speaker 2: know who's number one in the Senate number one recipient

620
00:36:44,440 --> 00:36:52,680
Speaker 2: of health insurance money. Take a guess, no, per specifically

621
00:36:54,280 --> 00:37:00,359
Speaker 2: Bernie Sanders. Bernie Sanders is the number one recipient of

622
00:37:00,480 --> 00:37:03,280
Speaker 2: contributions from the health insurance industry.

623
00:37:05,200 --> 00:37:08,000
Speaker 3: Very revealing. RFK Junior called him on on that one.

624
00:37:08,040 --> 00:37:09,400
Speaker 2: They were having a back and forth on one of

625
00:37:09,400 --> 00:37:11,920
Speaker 2: those here atino y and his breath sometimes his gravelly

626
00:37:12,000 --> 00:37:12,800
Speaker 2: voice is effective.

627
00:37:12,840 --> 00:37:15,960
Speaker 3: Was a fact, Bernie, you'll tet money, you'll talk more money.

628
00:37:16,000 --> 00:37:17,600
Speaker 3: Do you take more money than any of them? Then,

629
00:37:17,640 --> 00:37:20,520
Speaker 3: Bernie souey coming from the employees. Of course, it's coming

630
00:37:20,520 --> 00:37:21,160
Speaker 3: from the employees.

631
00:37:21,200 --> 00:37:24,600
Speaker 2: The corporations can't make the political contributions on their own,

632
00:37:24,800 --> 00:37:27,839
Speaker 2: but they're highly paid executives. The see and the individual

633
00:37:27,880 --> 00:37:30,719
Speaker 2: employee can kick in billions out of the millions of

634
00:37:30,760 --> 00:37:33,960
Speaker 2: dollars into these political action committees, the independent expenditures, and

635
00:37:34,000 --> 00:37:38,240
Speaker 2: so on. Anyway, back to the peace, the Obamacare insurance

636
00:37:38,280 --> 00:37:42,480
Speaker 2: exchanges also have another major flaw that fuels corporate profits.

637
00:37:42,960 --> 00:37:47,600
Speaker 2: Now listen to this sentence. Remember the majority of people, Yeah,

638
00:37:47,640 --> 00:37:52,800
Speaker 2: that's correct. Majority people on Obamacare are under fifty. Remember

639
00:37:52,920 --> 00:37:57,520
Speaker 2: Medicare is for senior citizens, Medicaid is for the very poor.

640
00:37:59,200 --> 00:38:02,239
Speaker 2: Obamacare is the group in between. A lot of them

641
00:38:02,320 --> 00:38:08,600
Speaker 2: are the middle to lower middle class, and many of

642
00:38:08,640 --> 00:38:14,040
Speaker 2: them are relatively young. What do we know about sickness

643
00:38:14,640 --> 00:38:17,840
Speaker 2: as a general rule, with a democratic demographic tilt to it.

644
00:38:18,560 --> 00:38:20,640
Speaker 2: The only are the sicker you gain and the more

645
00:38:20,680 --> 00:38:24,480
Speaker 2: healthcare you need. What's the perfect whether it's auto insurance,

646
00:38:24,480 --> 00:38:29,040
Speaker 2: homeowners insurance, who's the perfect client? You should be able

647
00:38:29,080 --> 00:38:31,520
Speaker 2: to get this. If you're an insurance company, who's the

648
00:38:31,560 --> 00:38:37,080
Speaker 2: perfect client? No, no, no, exactly any insurance company the

649
00:38:37,160 --> 00:38:41,080
Speaker 2: exact opposite somebody who's never sick. Suppose you have auto

650
00:38:41,120 --> 00:38:43,760
Speaker 2: insurance and autobile insurance policy, you don't make a claim

651
00:38:43,760 --> 00:38:48,560
Speaker 2: in nine years, that's the perfect client. Well, that's a

652
00:38:48,560 --> 00:38:52,120
Speaker 2: lot of the people at Obamacare. They never use their

653
00:38:52,160 --> 00:38:57,920
Speaker 2: health insurance. They never get past the deductible that you

654
00:38:58,000 --> 00:39:00,319
Speaker 2: have to pay her the out of pocket maximum. So

655
00:39:00,480 --> 00:39:03,280
Speaker 2: that point is made in this sentence. The Obamacare insurance

656
00:39:03,280 --> 00:39:06,280
Speaker 2: exchanges also have another major flaw that fuels corporate profits.

657
00:39:06,520 --> 00:39:09,400
Speaker 3: About a third of all subsidized.

658
00:39:08,719 --> 00:39:12,280
Speaker 2: Obamacare health plans go unused by the insured.

659
00:39:12,400 --> 00:39:14,440
Speaker 3: Think of that one third.

660
00:39:14,840 --> 00:39:17,759
Speaker 2: One third of the health plans under Obamacare are not

661
00:39:18,000 --> 00:39:19,200
Speaker 2: used by the person who has it.

662
00:39:19,239 --> 00:39:21,680
Speaker 3: In other words, they don't tap in for a single.

663
00:39:21,360 --> 00:39:32,240
Speaker 2: Benefit they're not sick, meaning these plans translate into pure

664
00:39:32,280 --> 00:39:35,520
Speaker 2: profits for the health insurance companies at the expense of

665
00:39:35,520 --> 00:39:38,960
Speaker 2: the America taxpayer. Now you dig a guy like me

666
00:39:39,000 --> 00:39:40,640
Speaker 2: who had a stroke a few years ago and asked

667
00:39:40,640 --> 00:39:42,080
Speaker 2: to go to the doctor for this, that and the

668
00:39:42,120 --> 00:39:44,440
Speaker 2: other thing. Hard to see how any insurance company is

669
00:39:44,440 --> 00:39:46,759
Speaker 2: going to make much money off of me. Now you

670
00:39:46,840 --> 00:39:50,440
Speaker 2: take somebody who's thirty eight years old, has insurance under Obamacare,

671
00:39:51,520 --> 00:39:53,640
Speaker 2: and maybe they have to go for a physical once

672
00:39:53,640 --> 00:39:55,160
Speaker 2: a year, and that's it, and they're not even on

673
00:39:55,239 --> 00:39:57,240
Speaker 2: any meds, or they got a couple, but it doesn't

674
00:39:57,280 --> 00:39:58,480
Speaker 2: hit the autopogomatics.

675
00:39:59,280 --> 00:40:07,640
Speaker 3: It's just for them. So again, who wins? The insurance

676
00:40:07,719 --> 00:40:08,480
Speaker 3: companies win.

677
00:40:12,600 --> 00:40:17,719
Speaker 2: Scott Jennings, the token conservative over at CNN, this is

678
00:40:17,760 --> 00:40:20,879
Speaker 2: what he said about this quote. One thing that came

679
00:40:20,920 --> 00:40:23,640
Speaker 2: out of this entire fight is that Obamacare has been

680
00:40:23,680 --> 00:40:26,880
Speaker 2: exposed as a complete and utter failure. We all know what.

681
00:40:27,000 --> 00:40:30,000
Speaker 2: Everybody admits it. The other thing that came out is

682
00:40:30,040 --> 00:40:33,600
Speaker 2: the Democrats are willing to make people suffer. We heard

683
00:40:33,640 --> 00:40:38,360
Speaker 2: Democrat after Democrats say quote, we just couldn't prolong the suffering.

684
00:40:38,840 --> 00:40:42,880
Speaker 2: So they admit their political tactics were designed to inflict

685
00:40:42,920 --> 00:40:47,560
Speaker 2: suffering on American people. We learned about cynical politics. The

686
00:40:47,640 --> 00:40:50,080
Speaker 2: overall system of healthcare is going to have to be

687
00:40:50,160 --> 00:40:53,600
Speaker 2: dealt with because the system has failed. I think it

688
00:40:53,719 --> 00:40:58,759
Speaker 2: is bipartisan. Everyone admits it. God Jennings what the Republicans

689
00:40:58,800 --> 00:41:01,160
Speaker 2: have said, and I agree with them. Okay, you've got

690
00:41:01,200 --> 00:41:03,680
Speaker 2: all these people that are at Obamacare. We can't just

691
00:41:03,760 --> 00:41:08,160
Speaker 2: have their premiums triple. That's a real hardship for them.

692
00:41:08,200 --> 00:41:13,880
Speaker 2: It's not their fault. But in creating a fix that

693
00:41:13,960 --> 00:41:17,000
Speaker 2: includes continuing the subsidies that these people can afford care,

694
00:41:17,120 --> 00:41:21,040
Speaker 2: we've got to create reforms in there to end these

695
00:41:21,080 --> 00:41:27,840
Speaker 2: incredible abuses. As I say, the insurance companies are making

696
00:41:27,880 --> 00:41:34,640
Speaker 2: a killing on these things. Going back to the basic

697
00:41:34,719 --> 00:41:38,000
Speaker 2: rule of insurance, which again you'd think everybody would know,

698
00:41:38,040 --> 00:41:40,360
Speaker 2: but I realized that some people out there are lefties

699
00:41:40,360 --> 00:41:43,240
Speaker 2: and don't know anything. Others are the people that glom

700
00:41:43,320 --> 00:41:46,120
Speaker 2: onto my program because they actually learn things because it's

701
00:41:46,120 --> 00:41:49,120
Speaker 2: never even presented to them anywhere else. How do insurance

702
00:41:49,160 --> 00:41:53,760
Speaker 2: companies make money off the people who don't make claims? Seriously,

703
00:41:53,800 --> 00:41:56,879
Speaker 2: I think people don't understand that off the people who

704
00:41:56,880 --> 00:41:59,000
Speaker 2: don't make claims, or hardly ever make claims, or only

705
00:41:59,000 --> 00:42:03,160
Speaker 2: making little claims, and they're willing to eat the people

706
00:42:03,160 --> 00:42:09,880
Speaker 2: who put in a lot of claims because it's overrun

707
00:42:09,920 --> 00:42:11,920
Speaker 2: on the other side by the profits and the people

708
00:42:11,920 --> 00:42:13,759
Speaker 2: that don't put in the claims. And they have to

709
00:42:13,800 --> 00:42:17,680
Speaker 2: set the insurance rates high enough to cover the cost

710
00:42:17,719 --> 00:42:19,600
Speaker 2: that they have to pay out, whether it's health insurance

711
00:42:19,680 --> 00:42:22,680
Speaker 2: or a cairecor whatever it is, a fire, et cetera.

712
00:42:25,840 --> 00:42:28,800
Speaker 2: And everybody pays those claims and wait, the system works

713
00:42:28,880 --> 00:42:29,560
Speaker 2: is they have to.

714
00:42:29,560 --> 00:42:31,920
Speaker 3: Charge it high enough for the people who don't put

715
00:42:31,960 --> 00:42:32,279
Speaker 3: in claims.

716
00:42:32,320 --> 00:42:34,680
Speaker 2: So the thing with Obamacare is, even people went to

717
00:42:34,760 --> 00:42:36,840
Speaker 2: the doctor a lot, weren't putting in claims because the

718
00:42:36,880 --> 00:42:40,520
Speaker 2: obamacares have these high minimums, the annual deductible, the first

719
00:42:40,520 --> 00:42:41,960
Speaker 2: so much you have to pay and so on. That

720
00:42:42,000 --> 00:42:45,000
Speaker 2: the insurance companies weren't being danged. They'd only be dinged

721
00:42:45,000 --> 00:42:47,279
Speaker 2: if somebody in this age group, and many were young,

722
00:42:47,920 --> 00:42:50,879
Speaker 2: had some serious, awful illness for which they were hospitalized

723
00:42:50,880 --> 00:42:52,440
Speaker 2: for months and months and months. Those are the ones

724
00:42:52,480 --> 00:42:54,480
Speaker 2: that the hut that the insurance companies lose off them.

725
00:42:55,320 --> 00:42:58,120
Speaker 2: Why do you think the insurance companies wanted it so badly?

726
00:42:58,160 --> 00:43:00,000
Speaker 2: And why do you think that the health insurance company.

727
00:43:00,000 --> 00:43:03,279
Speaker 2: But he's give so much money to democrats. Well, now,

728
00:43:03,280 --> 00:43:12,239
Speaker 2: you know, I know some people. There's a woman I

729
00:43:12,320 --> 00:43:16,759
Speaker 2: know in Florida. I dated her like two or three

730
00:43:16,840 --> 00:43:18,600
Speaker 2: years ago. I lose track of the years.

731
00:43:18,400 --> 00:43:20,959
Speaker 3: I've been down there. She had some.

732
00:43:23,360 --> 00:43:29,040
Speaker 2: She hated insurance. She's well off, she hated insurance. I

733
00:43:29,160 --> 00:43:31,680
Speaker 2: just thought, this is an unusual thing to hate. I'm,

734
00:43:31,680 --> 00:43:33,480
Speaker 2: by the way, one of the opposite. I'm one of

735
00:43:33,520 --> 00:43:37,400
Speaker 2: these people that pays. I've got lots of insurance and

736
00:43:37,480 --> 00:43:39,840
Speaker 2: an umbrella and all of this, And you know, I

737
00:43:40,400 --> 00:43:44,160
Speaker 2: want in terms of my health insurance. Obviously, given the

738
00:43:44,200 --> 00:43:46,000
Speaker 2: health conditions I have in my age, I have to

739
00:43:46,000 --> 00:43:47,719
Speaker 2: go and get certain treatments and so on. But on

740
00:43:47,760 --> 00:43:50,080
Speaker 2: the other stuff, I probably err on the side of

741
00:43:50,080 --> 00:43:52,719
Speaker 2: way more insurance than you would need, et cetera. Right,

742
00:43:53,320 --> 00:43:55,640
Speaker 2: I just want that peace of mind. I want the

743
00:43:55,680 --> 00:43:58,200
Speaker 2: peace of mind if God forbid some awful automobile accent

744
00:43:58,280 --> 00:44:00,239
Speaker 2: it occurs, and so on, that I have covering and

745
00:44:00,239 --> 00:44:02,239
Speaker 2: I don't have to tap into my life savings and

746
00:44:02,280 --> 00:44:06,640
Speaker 2: say I'm just somebody who in that. I'm fiscally conservative

747
00:44:06,680 --> 00:44:11,120
Speaker 2: in that area. Right, Well, this was the opposite. She

748
00:44:11,360 --> 00:44:15,920
Speaker 2: just hated insurance. Now, if you're in Florida, insurance property casual,

749
00:44:15,960 --> 00:44:18,000
Speaker 2: the auto insurance is very expensive in Florida.

750
00:44:18,200 --> 00:44:18,719
Speaker 3: It just is.

751
00:44:19,440 --> 00:44:22,560
Speaker 2: She hated insurance. And she told me she didn't have

752
00:44:22,560 --> 00:44:27,640
Speaker 2: homeowners insurance, just didn't have it. Said, screw it, I'm

753
00:44:27,680 --> 00:44:30,960
Speaker 2: self insuring. Self insuring means I've got enough money that

754
00:44:31,000 --> 00:44:32,480
Speaker 2: I have to pay for anything, I'll pay for it

755
00:44:32,520 --> 00:44:36,040
Speaker 2: out of pocket. Well, you know what if somebody's walking

756
00:44:36,080 --> 00:44:39,000
Speaker 2: their dog and they trip on something in your yard

757
00:44:39,040 --> 00:44:44,000
Speaker 2: and all of this and they sue you. And it

758
00:44:44,080 --> 00:44:48,560
Speaker 2: was just she just hated insurance. I mean, I kind

759
00:44:48,560 --> 00:44:52,600
Speaker 2: of disliked. I don't dislike the insurance companies. I understand

760
00:44:52,600 --> 00:44:53,960
Speaker 2: why they want obamacaren.

761
00:44:53,960 --> 00:44:55,720
Speaker 3: I understand where they want all of this stuff.

762
00:44:56,239 --> 00:44:58,760
Speaker 2: It's the same reason why I understood why the drug

763
00:44:58,800 --> 00:45:03,440
Speaker 2: companies wanted a man date the COVID vaccines. They're making money,

764
00:45:03,560 --> 00:45:05,319
Speaker 2: but it's not a reason for the government for the

765
00:45:05,360 --> 00:45:07,160
Speaker 2: people to do what they want them to do.

766
00:45:07,400 --> 00:45:10,040
Speaker 3: What we don't have to do what they want to

767
00:45:10,080 --> 00:45:13,840
Speaker 3: be done. Did you follow that? Did you follow that

768
00:45:13,960 --> 00:45:14,120
Speaker 3: or not?

769
00:45:15,200 --> 00:45:19,040
Speaker 2: I had the word them in there too many extra times.

770
00:45:19,239 --> 00:45:22,240
Speaker 2: I have another topic that we need to dive into here.

771
00:45:23,680 --> 00:45:24,200
Speaker 3: Two of them.

772
00:45:24,239 --> 00:45:29,919
Speaker 2: Actually, let's start with it's kind of a good news

773
00:45:29,960 --> 00:45:32,279
Speaker 2: bad news story. I won't tease it any more than that.

774
00:45:32,320 --> 00:45:37,680
Speaker 2: This is the Mark Belling podcast. This is the Mark

775
00:45:37,719 --> 00:45:41,760
Speaker 2: Belling Podcast. I'm struck by the number. First of all liberals,

776
00:45:41,760 --> 00:45:44,200
Speaker 2: they're always wrong. They're stupid. They can't learn anything. They

777
00:45:44,280 --> 00:45:46,600
Speaker 2: just do not learn. It doesn't matter how many times

778
00:45:47,200 --> 00:45:49,239
Speaker 2: the thing that they believe in has been disproven.

779
00:45:49,320 --> 00:45:53,480
Speaker 3: They simply have this. They're like, it'd be like the

780
00:45:53,480 --> 00:45:54,000
Speaker 3: weirdest thing.

781
00:45:54,040 --> 00:45:56,279
Speaker 2: Imagine you got a baseball player that's batting like one

782
00:45:56,400 --> 00:45:58,160
Speaker 2: fifty two for his batting average.

783
00:45:59,360 --> 00:46:00,800
Speaker 3: Kind of like, we're Joe your tease.

784
00:46:00,840 --> 00:46:02,840
Speaker 2: Wise, the first half of the season, he turned it

785
00:46:02,880 --> 00:46:05,839
Speaker 2: around to the second that guy usually isn't gonna cut.

786
00:46:05,920 --> 00:46:08,239
Speaker 2: One of the problems is when you lack confidence, you

787
00:46:08,320 --> 00:46:10,520
Speaker 2: do poor. You know, if you think you're gonna miss

788
00:46:10,560 --> 00:46:14,880
Speaker 2: a putt engulfing, you're gonna miss the putt. If you

789
00:46:14,880 --> 00:46:16,400
Speaker 2: think you're gonna make it, you might not make it,

790
00:46:16,400 --> 00:46:19,440
Speaker 2: but you're way likely. Free throws that's another one. If

791
00:46:19,480 --> 00:46:20,960
Speaker 2: you think you're gonna make the free throw, you're likely

792
00:46:21,000 --> 00:46:22,560
Speaker 2: to make the free throw. Then oh god, don't follow me.

793
00:46:22,600 --> 00:46:24,040
Speaker 2: I don't want to go to the free throw line.

794
00:46:24,239 --> 00:46:28,279
Speaker 2: Liberals are this hoddest, this oddest group. Their percentage is

795
00:46:28,360 --> 00:46:31,720
Speaker 2: like twenty two point two two, that's their batting average.

796
00:46:31,840 --> 00:46:33,680
Speaker 3: But they convince they're gonna get it hit.

797
00:46:33,840 --> 00:46:36,440
Speaker 2: They just can I they can I. They don't seem

798
00:46:36,480 --> 00:46:38,640
Speaker 2: to understand how stupid they are.

799
00:46:39,040 --> 00:46:40,240
Speaker 3: There's another group.

800
00:46:40,080 --> 00:46:42,520
Speaker 2: Though, that's kind of in the middle of that, of

801
00:46:42,600 --> 00:46:46,799
Speaker 2: people who aren't liberal but just they don't know. This

802
00:46:46,920 --> 00:46:53,440
Speaker 2: is kind of mostly for them. I sometimes wonder how

803
00:46:53,520 --> 00:46:55,799
Speaker 2: people that aren't liberal that are in this kind of

804
00:46:55,840 --> 00:47:00,279
Speaker 2: I don't know category can't figure out certain things. It

805
00:47:00,280 --> 00:47:03,600
Speaker 2: seemed to me to be obvious. Here's one of the

806
00:47:03,640 --> 00:47:06,880
Speaker 2: things that to me is obvious. If you want economic development,

807
00:47:07,200 --> 00:47:11,880
Speaker 2: put a freeway in. Look all the economic development is

808
00:47:12,280 --> 00:47:15,239
Speaker 2: there's a freeway. It's just amazing. Oh, it's all right,

809
00:47:15,320 --> 00:47:17,080
Speaker 2: it's all kind of right there by the freeway.

810
00:47:18,400 --> 00:47:19,640
Speaker 3: Lefties are the opposite.

811
00:47:19,680 --> 00:47:22,200
Speaker 2: They think, if you want economic development, tear it on

812
00:47:22,320 --> 00:47:27,600
Speaker 2: the freeway. This I seven ninety four thing, for those

813
00:47:27,640 --> 00:47:30,360
Speaker 2: of you not familiar. I seventy four is the spur

814
00:47:31,160 --> 00:47:34,960
Speaker 2: of the freeway that runs into downtown Milwaukee. The I

815
00:47:35,080 --> 00:47:38,799
Speaker 2: forty three and I ninety four freeways. The two interstates

816
00:47:38,800 --> 00:47:42,920
Speaker 2: that run through Milwaukee neither go into downtown. They skirt

817
00:47:43,200 --> 00:47:46,400
Speaker 2: the downtown. Seven ninety four is the one that runs

818
00:47:46,520 --> 00:47:51,759
Speaker 2: right into the downtown. It's just south for those of

819
00:47:51,760 --> 00:47:54,600
Speaker 2: you who are to Milwaukee at all of Wisconsin Avenue,

820
00:47:54,640 --> 00:47:55,120
Speaker 2: which is.

821
00:47:56,520 --> 00:47:58,320
Speaker 3: Kind of used to be the center of the downtown.

822
00:47:59,320 --> 00:48:02,480
Speaker 2: The lefties to tear it down. They think this will

823
00:48:02,520 --> 00:48:07,200
Speaker 2: produce more economic development. Now, I've explained and gone through

824
00:48:07,239 --> 00:48:09,600
Speaker 2: and debunked this on several programs, so I don't want

825
00:48:09,600 --> 00:48:10,960
Speaker 2: to spend too much time on it.

826
00:48:11,000 --> 00:48:12,640
Speaker 3: But they don't.

827
00:48:12,680 --> 00:48:14,680
Speaker 2: And the reason that they think it will produce economic

828
00:48:14,680 --> 00:48:16,640
Speaker 2: development is they say, well, look at all this land

829
00:48:16,719 --> 00:48:20,600
Speaker 2: right by the freeway, we can develop it. Well, they're

830
00:48:20,640 --> 00:48:24,960
Speaker 2: on the right track on that, but then they take

831
00:48:25,000 --> 00:48:29,359
Speaker 2: the track and their mind's the rail. The reason that

832
00:48:29,480 --> 00:48:34,000
Speaker 2: land seems valuable is because it's on the freeway. The

833
00:48:34,040 --> 00:48:37,920
Speaker 2: freeway is not there, it's just empty lots that are.

834
00:48:37,800 --> 00:48:38,799
Speaker 3: Part of congestion.

835
00:48:42,680 --> 00:48:45,560
Speaker 2: Obviously, when you have a freeway, some things can't be

836
00:48:45,640 --> 00:48:46,719
Speaker 2: developed right at it.

837
00:48:46,760 --> 00:48:49,480
Speaker 3: The land right under it, for example, you.

838
00:48:49,400 --> 00:48:52,080
Speaker 2: Know and give or takes, say sixty yards in each

839
00:48:52,120 --> 00:48:54,239
Speaker 2: direction can't be because you need that space for the

840
00:48:54,320 --> 00:48:56,440
Speaker 2: roads themselves, in the entrance ramps and so on.

841
00:48:57,040 --> 00:48:57,760
Speaker 3: But tear it a double.

842
00:48:57,760 --> 00:48:59,920
Speaker 2: We can develop all that land that's underneath all of

843
00:48:59,920 --> 00:49:03,680
Speaker 2: it that, but when it doesn't have the freeway anymore,

844
00:49:03,719 --> 00:49:06,200
Speaker 2: it's just gonna be crappy area that you.

845
00:49:06,239 --> 00:49:07,000
Speaker 3: Can't get to.

846
00:49:08,960 --> 00:49:12,560
Speaker 2: Secondly, they don't seem to understand that one of the

847
00:49:12,680 --> 00:49:16,440
Speaker 2: reasons that they land adjacent to the freeway is valuable

848
00:49:16,560 --> 00:49:20,120
Speaker 2: is because the freeway is there. They serious, I'm serious

849
00:49:20,120 --> 00:49:23,160
Speaker 2: about this. The two areas that have boomed to Milwaukee,

850
00:49:23,160 --> 00:49:25,960
Speaker 2: and I'm telling you, the only two in the whole city.

851
00:49:26,640 --> 00:49:28,960
Speaker 2: You go from like Northridge on the northwest to the

852
00:49:29,000 --> 00:49:31,360
Speaker 2: airport in the southeast, there's only two areas of the

853
00:49:31,360 --> 00:49:34,239
Speaker 2: sate of Milwaukee that are booming, the third ward and

854
00:49:34,320 --> 00:49:37,080
Speaker 2: the lower east side edge of downtown, the only two.

855
00:49:40,080 --> 00:49:41,120
Speaker 2: Who do you think what.

856
00:49:41,080 --> 00:49:44,400
Speaker 3: Freeway do you think serves those two groups? Seven ninety four?

857
00:49:47,160 --> 00:49:50,279
Speaker 2: All right, So now these studies are being done, should

858
00:49:50,360 --> 00:49:51,600
Speaker 2: we tear it down every place?

859
00:49:51,640 --> 00:49:53,480
Speaker 3: And their idea is to tear it down, We're.

860
00:49:53,320 --> 00:49:55,200
Speaker 2: Gonna just put all this traffic you'd have to get

861
00:49:55,200 --> 00:49:57,400
Speaker 2: off the freeway like a tenth street near the market

862
00:49:57,440 --> 00:50:01,160
Speaker 2: interchange and drive on city streets. This is compounded by

863
00:50:01,160 --> 00:50:03,240
Speaker 2: the fact that may Or Chevy's putting all these curbs

864
00:50:03,239 --> 00:50:05,160
Speaker 2: and concrete in the middle of the streets and so on.

865
00:50:06,960 --> 00:50:09,800
Speaker 2: First study the dot. Now the dot in Wisconsin is

866
00:50:09,840 --> 00:50:11,080
Speaker 2: part of the Ebers administration.

867
00:50:11,160 --> 00:50:11,680
Speaker 3: They're lefty.

868
00:50:12,280 --> 00:50:17,600
Speaker 2: Now their latest study indicates, I'll quote from the headline

869
00:50:18,360 --> 00:50:20,360
Speaker 2: on js on this is actually from the prediction of

870
00:50:20,360 --> 00:50:25,719
Speaker 2: the journal New Wizdot Analysis Eyes Congestion Agency I seven

871
00:50:25,840 --> 00:50:28,560
Speaker 2: ninety four removal would clog side streets.

872
00:50:28,880 --> 00:50:30,440
Speaker 3: Dumb kidding.

873
00:50:31,560 --> 00:50:35,960
Speaker 2: All right, now, let me the following forty seconds is

874
00:50:36,000 --> 00:50:38,239
Speaker 2: for those of you that I don't want to say dumb?

875
00:50:38,320 --> 00:50:41,360
Speaker 3: What words should I say? Well? Dumb?

876
00:50:42,160 --> 00:50:44,319
Speaker 2: Well, if you're no, that's not a bad thing to

877
00:50:44,360 --> 00:50:46,480
Speaker 2: be dumb, because if you listen to this and accept it,

878
00:50:46,680 --> 00:50:48,640
Speaker 2: you're less dumb. This is how you go from being

879
00:50:48,719 --> 00:50:51,200
Speaker 2: dumb to smart. I was very very dumb for a

880
00:50:51,239 --> 00:50:53,200
Speaker 2: long period of time. I was very highly educated, but

881
00:50:53,239 --> 00:50:55,440
Speaker 2: it was very very dumb because I didn't understand any.

882
00:50:55,239 --> 00:50:55,880
Speaker 3: Of these things.

883
00:50:56,520 --> 00:51:02,400
Speaker 2: You over there, where are you in the dumbness smart scale?

884
00:51:03,360 --> 00:51:05,640
Speaker 2: Above A well, okay, you're above average. Where were you

885
00:51:05,719 --> 00:51:09,400
Speaker 2: when you're started with me dumb as a box of rocks. Right,

886
00:51:09,719 --> 00:51:14,960
Speaker 2: all right, Now, let's imagine you've got traffic and it's

887
00:51:15,000 --> 00:51:18,479
Speaker 2: all on this freeway right now, and the freeway isn't there.

888
00:51:18,880 --> 00:51:24,360
Speaker 2: It has to come somewhere, So the dew's gonna create congestion,

889
00:51:24,880 --> 00:51:32,440
Speaker 2: No bleeping kidding. What happens when there's congestion. There's an

890
00:51:32,440 --> 00:51:34,920
Speaker 2: old saying it's a tributary to Yogi Berra. I've been

891
00:51:34,920 --> 00:51:36,920
Speaker 2: told that none of the things Yogi Berra said. He

892
00:51:36,960 --> 00:51:40,800
Speaker 2: actually said, people they find a tape of Yogi saying

893
00:51:40,840 --> 00:51:44,360
Speaker 2: any of these things. Anyways, supposedly said that place is

894
00:51:44,400 --> 00:51:47,680
Speaker 2: so crowded nobody goes there anymore. See, when you think

895
00:51:47,680 --> 00:51:51,480
Speaker 2: about it, that actually makes sense, but it sounds like

896
00:51:51,520 --> 00:51:55,200
Speaker 2: it's nonsense. But obviously there are certain things that many

897
00:51:55,280 --> 00:51:58,520
Speaker 2: of us avoid because it's too crowded. Said, well, that

898
00:51:58,600 --> 00:52:00,760
Speaker 2: is obviously it's successful because it's crowded.

899
00:52:00,800 --> 00:52:01,279
Speaker 3: That's true.

900
00:52:02,880 --> 00:52:05,879
Speaker 2: But if even more masses have to avoid it, that

901
00:52:05,960 --> 00:52:08,759
Speaker 2: means they're avoiding it because of the crowds. Anyone who

902
00:52:08,760 --> 00:52:10,880
Speaker 2: has seen traffic and now we're seeing the whole thing

903
00:52:10,920 --> 00:52:13,279
Speaker 2: with regard to the I ninety four reconstruction going on

904
00:52:13,640 --> 00:52:16,279
Speaker 2: in Milwaukee County. It's resulting in more people using eight

905
00:52:16,400 --> 00:52:19,000
Speaker 2: ninety four et cetera to get out of the congestion

906
00:52:19,080 --> 00:52:19,880
Speaker 2: that's in that area.

907
00:52:20,400 --> 00:52:22,880
Speaker 3: People will do anything to avoid the congestion.

908
00:52:23,000 --> 00:52:25,319
Speaker 2: And if the city of Milwaukee is congested, people are

909
00:52:25,320 --> 00:52:27,040
Speaker 2: just going to try to avoid that altogether. And it

910
00:52:27,040 --> 00:52:29,800
Speaker 2: becomes an a turrent to develop business. It becomes anturrent

911
00:52:30,120 --> 00:52:32,720
Speaker 2: to housing and so on, which is why almost every

912
00:52:32,760 --> 00:52:35,600
Speaker 2: part of the state of Wisconsin that has economic activity

913
00:52:35,640 --> 00:52:38,040
Speaker 2: and is booming right now is on an interstate or

914
00:52:38,160 --> 00:52:41,239
Speaker 2: otherwise major So the dot now is coming up with this,

915
00:52:41,600 --> 00:52:44,160
Speaker 2: it's going to create congestion. This is a major step

916
00:52:44,200 --> 00:52:46,320
Speaker 2: forward because, as I say, the consensus I think is

917
00:52:46,320 --> 00:52:50,160
Speaker 2: starting to move toward we can't do this. Next, the

918
00:52:50,360 --> 00:52:53,160
Speaker 2: Association of Commercial Realtors. Do you have to explain what

919
00:52:53,239 --> 00:52:56,359
Speaker 2: they are or is it self explanatory. It's self explanatory.

920
00:52:57,440 --> 00:53:00,239
Speaker 2: They have a new report it's in the Business and

921
00:53:00,280 --> 00:53:03,920
Speaker 2: JS online today in which it says this would be

922
00:53:03,920 --> 00:53:09,800
Speaker 2: an economic disaster. It would not create development, development would crash,

923
00:53:09,880 --> 00:53:11,760
Speaker 2: and that defeats the entire.

924
00:53:11,640 --> 00:53:12,520
Speaker 3: Argument then to do it.

925
00:53:12,560 --> 00:53:14,360
Speaker 2: The people advocating it are saying, if you tear it

926
00:53:14,400 --> 00:53:17,000
Speaker 2: on the freeway, there'll be more economic development. The commercial

927
00:53:17,000 --> 00:53:20,839
Speaker 2: realtors the entity that benefits the most economic development because

928
00:53:20,840 --> 00:53:22,840
Speaker 2: they're selling the property and selling the buildings and so

929
00:53:22,920 --> 00:53:25,960
Speaker 2: what are saying it will kill economic development by creating

930
00:53:25,960 --> 00:53:31,160
Speaker 2: so much congestion and misery that people will avoid the

931
00:53:31,200 --> 00:53:35,680
Speaker 2: whole area. Here's how widespread this growing consensus is getting.

932
00:53:37,520 --> 00:53:41,600
Speaker 2: Jeff Wagner's commenting on it. Now, you probably are willing

933
00:53:41,640 --> 00:53:43,520
Speaker 2: to ask, how in the world would you know what

934
00:53:43,560 --> 00:53:45,600
Speaker 2: Jeff Wagner is commenting on? Why don't you want to

935
00:53:45,640 --> 00:53:47,960
Speaker 2: ask me that question? How old the world did I

936
00:53:48,040 --> 00:53:51,799
Speaker 2: know that? For some reason, Jeff Wagner's post on X

937
00:53:51,840 --> 00:53:54,160
Speaker 2: showed up on my x feed formerly known as Twitter.

938
00:53:55,640 --> 00:53:56,839
Speaker 3: Why does X think?

939
00:53:56,880 --> 00:53:58,719
Speaker 2: I want to see what Jeff Wagner has to say

940
00:53:59,600 --> 00:54:02,200
Speaker 2: Elon Musk or whoever he's doing this, Though, Jeff Wagner

941
00:54:02,200 --> 00:54:05,120
Speaker 2: actually said something very intelligent and it popped up on

942
00:54:05,160 --> 00:54:08,000
Speaker 2: my feet. They were probably waiting for Jeff to say

943
00:54:08,040 --> 00:54:09,719
Speaker 2: something intelligent and then they slapped it in.

944
00:54:09,719 --> 00:54:10,120
Speaker 3: Front of me.

945
00:54:11,120 --> 00:54:14,520
Speaker 2: Here's what Jeff said. I'll give them one thing. The

946
00:54:14,560 --> 00:54:18,560
Speaker 2: anti car crowd never quits tearing down I seven ninety

947
00:54:18,560 --> 00:54:22,080
Speaker 2: four and dumping all that traffic onto surface streets is

948
00:54:22,120 --> 00:54:25,760
Speaker 2: one of the most staggeringly stupid ideas of the last

949
00:54:25,800 --> 00:54:30,480
Speaker 2: fifty years, maybe even dumber than the hop and that's

950
00:54:30,520 --> 00:54:31,680
Speaker 2: saying a lot.

951
00:54:32,320 --> 00:54:42,120
Speaker 3: Jeff Wagner all right, now to this story. The new

952
00:54:42,160 --> 00:54:46,839
Speaker 3: report card is out from DPI. The report card is.

953
00:54:48,760 --> 00:54:52,160
Speaker 2: The ranking of all schools in the state of Wisconsin

954
00:54:52,200 --> 00:54:56,360
Speaker 2: by the Department of Public Instruction. One of the things

955
00:54:56,360 --> 00:55:00,799
Speaker 2: that they did, as you've discussed on several segments over

956
00:55:00,840 --> 00:55:03,960
Speaker 2: the past number of months, is they change the standards

957
00:55:04,080 --> 00:55:07,200
Speaker 2: for ranking. In other words, the example that I use is,

958
00:55:07,239 --> 00:55:10,279
Speaker 2: imagine if you're using a letter grade a grade in

959
00:55:10,320 --> 00:55:13,000
Speaker 2: your school. If you got a seventy four, that would

960
00:55:13,000 --> 00:55:15,640
Speaker 2: account to a D. And now they took the seventy

961
00:55:15,640 --> 00:55:16,440
Speaker 2: four and they just make.

962
00:55:16,280 --> 00:55:17,279
Speaker 3: It a B and a D.

963
00:55:17,360 --> 00:55:19,920
Speaker 2: You'd have to be fifty three and just making that up.

964
00:55:19,960 --> 00:55:23,160
Speaker 2: But that's what they did. They simply lowered each level

965
00:55:23,360 --> 00:55:30,560
Speaker 2: of standard. They ranked the schools on five stars. Every

966
00:55:30,640 --> 00:55:32,799
Speaker 2: school system in the state of Wisconsin is ranked on

967
00:55:32,880 --> 00:55:37,160
Speaker 2: five stars. Nobody gets no stars. The lowest score is

968
00:55:37,239 --> 00:55:39,279
Speaker 2: one star. Do you know how many school districts got

969
00:55:39,280 --> 00:55:47,840
Speaker 2: one star? None, not even MPs. The worst performing the

970
00:55:47,840 --> 00:55:50,360
Speaker 2: school distinct in Merrill apparently is a toilet.

971
00:55:50,400 --> 00:55:51,680
Speaker 3: Boulot's stinks.

972
00:55:53,239 --> 00:55:56,040
Speaker 2: None of them got one star, more than half got

973
00:55:56,080 --> 00:56:02,320
Speaker 2: four or five stars. Let's discuss this for a moment.

974
00:56:05,960 --> 00:56:09,800
Speaker 2: DPI the Department of Public Instruction, and this same issue

975
00:56:10,160 --> 00:56:12,400
Speaker 2: came to four with their cover up of all of

976
00:56:12,400 --> 00:56:14,680
Speaker 2: the teachers that have been engaging and grooming or other

977
00:56:14,719 --> 00:56:18,120
Speaker 2: sexual activity in which reports were kept from the public,

978
00:56:18,160 --> 00:56:20,839
Speaker 2: and the public wasn't aware of the teachers that were

979
00:56:20,840 --> 00:56:23,520
Speaker 2: disciplined for this. Some lost their licenses, others did not

980
00:56:23,800 --> 00:56:27,279
Speaker 2: that there was a cover up of all of this,

981
00:56:27,360 --> 00:56:30,360
Speaker 2: and DPI is trying to end the hack. That's in

982
00:56:30,440 --> 00:56:33,439
Speaker 2: charge of DPI, Jill Undeley, is trying to explain away

983
00:56:33,480 --> 00:56:34,880
Speaker 2: all of this. The same thing is true with the

984
00:56:34,920 --> 00:56:38,000
Speaker 2: ranking of the public schools. Dpi's purpose is to oversee

985
00:56:38,040 --> 00:56:40,719
Speaker 2: public schools and all schools in the state of Wisconsin

986
00:56:41,600 --> 00:56:44,000
Speaker 2: in the same way that you got like the plumbing

987
00:56:44,000 --> 00:56:45,400
Speaker 2: board oversees the plumbers.

988
00:56:45,640 --> 00:56:48,920
Speaker 3: It's supposed to be the oversight board. It's not supposed

989
00:56:48,920 --> 00:56:50,520
Speaker 3: to be the shill for board.

990
00:56:51,320 --> 00:56:54,480
Speaker 2: DPI is supposed to try to hold schools to standards.

991
00:56:54,520 --> 00:56:57,000
Speaker 2: So if we see a school district over here that

992
00:56:57,239 --> 00:57:01,640
Speaker 2: stanks that's called out, but instead DPI has become the

993
00:57:01,760 --> 00:57:05,440
Speaker 2: entity that whitewashes all of these performances because the people

994
00:57:05,440 --> 00:57:08,680
Speaker 2: that are in DPI come from all the individual schools.

995
00:57:10,040 --> 00:57:13,040
Speaker 2: So the very purpose of DPI trying to elevate education,

996
00:57:13,400 --> 00:57:16,400
Speaker 2: they're doing the opposite. They're lowering it by taking education

997
00:57:16,560 --> 00:57:19,240
Speaker 2: that's crappy and telling us that it's good. In the

998
00:57:19,280 --> 00:57:21,680
Speaker 2: earlier segment, we talked about the sixty percent of kids

999
00:57:21,680 --> 00:57:23,280
Speaker 2: that were getting a's in college.

1000
00:57:24,280 --> 00:57:25,960
Speaker 3: It's the same thing with regard to the schools. They're

1001
00:57:25,960 --> 00:57:27,960
Speaker 3: all four and five times. So you've got all these parents.

1002
00:57:27,720 --> 00:57:30,360
Speaker 2: In these committees that, oh, my Schot's success five star.

1003
00:57:30,480 --> 00:57:31,280
Speaker 3: I mean nothing.

1004
00:57:35,640 --> 00:57:39,240
Speaker 2: We are on a long term down trend of standardized

1005
00:57:39,240 --> 00:57:43,840
Speaker 2: test scores declining but school district performance on the report

1006
00:57:43,920 --> 00:57:48,280
Speaker 2: cards improving. You see the problem, of course with this,

1007
00:57:49,680 --> 00:57:51,960
Speaker 2: and this problem will continue as long as the voters

1008
00:57:51,960 --> 00:57:56,880
Speaker 2: of the state of Wisconsin keep electing shameless hacks for

1009
00:57:56,920 --> 00:58:01,200
Speaker 2: the schools to the head of the DPI office.

1010
00:58:02,720 --> 00:58:07,000
Speaker 3: Now here's a story for you. This is one of those.

1011
00:58:06,760 --> 00:58:11,200
Speaker 2: In which I'm not gonna say they got what they deserved,

1012
00:58:12,080 --> 00:58:14,280
Speaker 2: but I'm close to saying they got what they deserved.

1013
00:58:15,080 --> 00:58:18,680
Speaker 3: Let's imagine you want a business. What business?

1014
00:58:18,720 --> 00:58:23,320
Speaker 2: Well, you do want a business? Okay, which one do

1015
00:58:23,360 --> 00:58:27,960
Speaker 2: we want to take? Well, you tell you you pick one.

1016
00:58:28,000 --> 00:58:31,360
Speaker 2: I'm using you as an example here what storage? And

1017
00:58:31,520 --> 00:58:33,760
Speaker 2: Paul's got a spailler doesn't have a storage in a business?

1018
00:58:34,200 --> 00:58:34,560
Speaker 3: All right?

1019
00:58:35,360 --> 00:58:39,600
Speaker 2: Now, I don't do you have any employees yet? Just

1020
00:58:39,920 --> 00:58:42,560
Speaker 2: you're just you know, just let's imagine you get to

1021
00:58:42,600 --> 00:58:43,800
Speaker 2: the point of needing employees.

1022
00:58:44,200 --> 00:58:45,600
Speaker 3: I'm trying to make the example work.

1023
00:58:45,880 --> 00:58:49,000
Speaker 2: Okay, So you're gonna name like a manager somebody that's

1024
00:58:49,040 --> 00:58:51,480
Speaker 2: collecting the rent and is that what they call it?

1025
00:58:51,480 --> 00:58:56,320
Speaker 3: Rent? For the when you rent? Well, would.

1026
00:58:57,720 --> 00:58:59,880
Speaker 2: How dumb would you have to be to hire a

1027
00:59:00,160 --> 00:59:02,640
Speaker 2: victed in Bessler to be that person?

1028
00:59:03,320 --> 00:59:07,440
Speaker 3: Beyond dumb? All right? Ten years ago the town clerk

1029
00:59:07,560 --> 00:59:09,240
Speaker 3: in Lisbon. Lisbon is in.

1030
00:59:11,080 --> 00:59:15,280
Speaker 2: Is it Waukeshore, Washington County? I think it's northern Waukeshaw County.

1031
00:59:15,480 --> 00:59:20,880
Speaker 2: If I'm wrong and it's Southern's it's right near Menominee Falls, Lisbon.

1032
00:59:23,640 --> 00:59:26,120
Speaker 2: She was the town clerk in the town of Lisbon.

1033
00:59:26,200 --> 00:59:29,600
Speaker 2: Her name is Elizabeth Crouse. She was convicted of what

1034
00:59:30,560 --> 00:59:32,800
Speaker 2: it's Waukeshaw. Yeah, it's right on the northern edge of

1035
00:59:32,800 --> 00:59:38,800
Speaker 2: Waukeshaw County, near the Menomine Falls area. She was convicted

1036
00:59:38,840 --> 00:59:40,640
Speaker 2: of embezzling money from the town when she was the

1037
00:59:40,640 --> 00:59:41,160
Speaker 2: town clerk.

1038
00:59:41,200 --> 00:59:42,280
Speaker 3: That was in twenty fifteen.

1039
00:59:45,240 --> 00:59:48,400
Speaker 2: The business here is not named, but she's now working

1040
00:59:48,520 --> 00:59:50,400
Speaker 2: or was working at a business that's in the town

1041
00:59:50,480 --> 00:59:52,680
Speaker 2: of Waukeshaw. The report in the Walkershaw Frameman does not

1042
00:59:52,800 --> 00:59:56,280
Speaker 2: name the business. What do you think she's done there?

1043
00:59:56,480 --> 01:00:01,640
Speaker 2: She's the business manager. She's charged at the BES. Now,

1044
01:00:02,280 --> 01:00:05,240
Speaker 2: first of all, there's public records in all of this,

1045
01:00:05,400 --> 01:00:07,600
Speaker 2: and because this is a school, even a Google search

1046
01:00:07,720 --> 01:00:09,720
Speaker 2: it and I did it. The hits come up from

1047
01:00:09,960 --> 01:00:11,480
Speaker 2: years ago with regard to her, and you do a

1048
01:00:11,480 --> 01:00:13,960
Speaker 2: Google search on it and there's or she's convicted of embezzley.

1049
01:00:15,560 --> 01:00:18,320
Speaker 3: Now, clearly you shouldn't blame the victim of a crime.

1050
01:00:18,360 --> 01:00:20,840
Speaker 2: You know, somebody does something stupid, they leave their door

1051
01:00:20,880 --> 01:00:24,800
Speaker 2: unlocked or any number of things. You don't blame them

1052
01:00:24,840 --> 01:00:26,680
Speaker 2: for being the victim of the crime. But you certainly

1053
01:00:26,680 --> 01:00:30,240
Speaker 2: it's fair to question why what were you thinking? What

1054
01:00:30,240 --> 01:00:35,800
Speaker 2: would anybody be thinking and hiring this woman? I or

1055
01:00:36,160 --> 01:00:40,400
Speaker 2: just I've changed. See the thing about embezzlers, I understand

1056
01:00:40,400 --> 01:00:44,640
Speaker 2: imbezzler's prior to coming to Milwaukee. So two separate radio

1057
01:00:44,680 --> 01:00:48,080
Speaker 2: companies that I was at were embezzled. In both cases,

1058
01:00:48,160 --> 01:00:51,000
Speaker 2: it was the nicest person in the building. See the

1059
01:00:51,040 --> 01:00:53,040
Speaker 2: thing of it is, if you're gonna be embezzler, you

1060
01:00:53,120 --> 01:00:55,560
Speaker 2: have to seem to be the nicest, most honest person

1061
01:00:55,880 --> 01:00:58,400
Speaker 2: because if you're like, you know, some weasel like Paul, everybody,

1062
01:00:58,480 --> 01:01:01,280
Speaker 2: nobody's gonna trust you with anybody thinking that snake will

1063
01:01:01,280 --> 01:01:07,480
Speaker 2: steal it. Well, it's true, right, Like like the band

1064
01:01:07,520 --> 01:01:09,360
Speaker 2: when they have the cookie sales from the high school

1065
01:01:09,400 --> 01:01:12,080
Speaker 2: band and all of that, sometimes they'll get so stolen.

1066
01:01:12,320 --> 01:01:14,160
Speaker 2: The person who steals somebody is always the one you

1067
01:01:14,240 --> 01:01:16,080
Speaker 2: trusted the most because they put on this zero being

1068
01:01:16,080 --> 01:01:19,320
Speaker 2: so trustworthy. That means they're barely good at like Buffalo

1069
01:01:19,360 --> 01:01:23,200
Speaker 2: and anyway. Her name is Elizabeth Crouse. She's actually back

1070
01:01:23,240 --> 01:01:26,480
Speaker 2: in Take Cheetah right now. She's been on probation often

1071
01:01:26,600 --> 01:01:29,680
Speaker 2: on since their conviction from Lisbon, but they kept extending

1072
01:01:29,680 --> 01:01:32,120
Speaker 2: her probation because she wasn't following the terms of her

1073
01:01:32,200 --> 01:01:36,760
Speaker 2: probation another red flag. So when she was originally investigated

1074
01:01:36,800 --> 01:01:40,160
Speaker 2: on this charge earlier in the year. They revoked her

1075
01:01:40,200 --> 01:01:43,840
Speaker 2: probation and threw her back into and to Tate Cheetah.

1076
01:01:44,080 --> 01:01:46,720
Speaker 2: Remember that your probation can be revoked. There's all these

1077
01:01:46,800 --> 01:01:50,040
Speaker 2: terms that they have under it, beyond simply being convicted

1078
01:01:50,080 --> 01:01:52,920
Speaker 2: of a crime, quoting from the Story and the Freeman.

1079
01:01:53,240 --> 01:01:54,520
Speaker 3: According to a complaint in.

1080
01:01:54,520 --> 01:01:57,080
Speaker 2: The case, a sheriff's deputy was dispatched to a business

1081
01:01:57,080 --> 01:01:58,760
Speaker 2: in the I think I said town. It's now the

1082
01:01:58,760 --> 01:02:00,880
Speaker 2: town of Waka Shaw history age to a village, but

1083
01:02:00,920 --> 01:02:03,800
Speaker 2: it's the village of Waukisha, not the city, on February eighteenth,

1084
01:02:03,880 --> 01:02:08,280
Speaker 2: to investigate a possible case of employee theft. The address

1085
01:02:08,320 --> 01:02:11,040
Speaker 2: of the business was incomplete in the complaints, so for

1086
01:02:11,040 --> 01:02:12,880
Speaker 2: some reason, the criminal complaint is not at this point

1087
01:02:12,960 --> 01:02:15,880
Speaker 2: naming the business. However, the complaint indicates someone at the

1088
01:02:15,920 --> 01:02:20,160
Speaker 2: complaining business suspected that Kraus was behind the thefts, apparently

1089
01:02:20,200 --> 01:02:22,800
Speaker 2: writing company checks to herself and cashing them to the

1090
01:02:22,840 --> 01:02:25,320
Speaker 2: tune of forty one, five hundred and five dollars. On

1091
01:02:25,320 --> 01:02:27,800
Speaker 2: February seventeenth, the manager saw I checked for thirty three

1092
01:02:27,880 --> 01:02:30,400
Speaker 2: hundred dollars paid out to Kraus, but it was the

1093
01:02:30,440 --> 01:02:33,320
Speaker 2: same amount as the company's rent, which was paid a

1094
01:02:33,320 --> 01:02:36,520
Speaker 2: week earlier. The complaint said. A review of company books

1095
01:02:36,560 --> 01:02:39,240
Speaker 2: showed that over the prior fourteen months, Krause appeared to

1096
01:02:39,280 --> 01:02:41,680
Speaker 2: have written numerous checks to herself.

1097
01:02:41,800 --> 01:02:43,080
Speaker 3: No, here's a good one.

1098
01:02:43,360 --> 01:02:48,320
Speaker 2: I'm always intrigued by how people pull scams. It turns

1099
01:02:48,360 --> 01:02:50,400
Speaker 2: out that when you know, I'll do an investigation the

1100
01:02:50,440 --> 01:02:54,280
Speaker 2: subpoena and bank records. It turns out that repeatedly during

1101
01:02:54,280 --> 01:02:58,120
Speaker 2: this time, she was venmowing money to her mother.

1102
01:02:58,160 --> 01:03:01,280
Speaker 3: Do you have to explain what venmo is? Probably should.

1103
01:03:01,280 --> 01:03:04,240
Speaker 3: It's one of these cash apps. It's like PayPal and

1104
01:03:04,280 --> 01:03:05,080
Speaker 3: a number of others.

1105
01:03:06,160 --> 01:03:09,200
Speaker 2: She was venoing money right and left to her daughter,

1106
01:03:09,800 --> 01:03:12,200
Speaker 2: and that her daughter would turn around and venmo money

1107
01:03:12,240 --> 01:03:15,160
Speaker 2: back to her the same amount. Now, why would you

1108
01:03:15,240 --> 01:03:19,080
Speaker 2: do this? I'm guessing it must be some attempt to

1109
01:03:19,160 --> 01:03:22,320
Speaker 2: conceal the money that's going into her account, because when

1110
01:03:22,320 --> 01:03:25,320
Speaker 2: you're seeing these deposits, the deposits are mostly from her

1111
01:03:25,320 --> 01:03:28,360
Speaker 2: own daughter giving her money. In fact, the money that

1112
01:03:28,520 --> 01:03:31,240
Speaker 2: was swiped, allegedly she would venmo.

1113
01:03:31,120 --> 01:03:32,120
Speaker 3: To her daughter kick it back.

1114
01:03:32,160 --> 01:03:34,280
Speaker 2: The complaint, by the way, states that the daughter had

1115
01:03:34,320 --> 01:03:35,920
Speaker 2: no knowledge of why this is going on. Her mother

1116
01:03:35,920 --> 01:03:37,160
Speaker 2: would just telling her I need to do this, back

1117
01:03:37,200 --> 01:03:38,880
Speaker 2: and forth. She probably gave her some re There's no

1118
01:03:38,920 --> 01:03:40,560
Speaker 2: evidence that the daughter was in on this at all.

1119
01:03:42,600 --> 01:03:46,360
Speaker 2: When managers and the deputy showed Kraus copies of the checks,

1120
01:03:46,400 --> 01:03:50,640
Speaker 2: she replied the quote she had made a mistake, the

1121
01:03:50,680 --> 01:03:53,800
Speaker 2: complaint said, and adding the quote. It was clarified with

1122
01:03:53,840 --> 01:03:56,560
Speaker 2: the defendant that what she meant was that she had

1123
01:03:56,560 --> 01:03:59,240
Speaker 2: made a mistake by writing herself checks.

1124
01:04:00,720 --> 01:04:03,200
Speaker 3: Yeah, you made a mistake. You stole money. That was

1125
01:04:03,240 --> 01:04:03,840
Speaker 3: a mistake.

1126
01:04:07,040 --> 01:04:10,160
Speaker 2: I just think there's certain crimes that you're gonna go

1127
01:04:10,200 --> 01:04:10,920
Speaker 2: one of two ways.

1128
01:04:10,960 --> 01:04:12,480
Speaker 3: You get caught and you go straight.

1129
01:04:12,640 --> 01:04:15,280
Speaker 2: Drunk driving is like this, Oh my god, I got

1130
01:04:15,280 --> 01:04:17,640
Speaker 2: the person person gainst the first EUI, and they just

1131
01:04:18,280 --> 01:04:21,320
Speaker 2: they're so scared about this that they actually behave for

1132
01:04:21,320 --> 01:04:23,680
Speaker 2: the rest of their lives. And there are other people

1133
01:04:23,680 --> 01:04:26,400
Speaker 2: from whom it bounces right off of them. Almost everybody

1134
01:04:26,440 --> 01:04:31,880
Speaker 2: involving in illicit pornography or sexual deviancy with miners and

1135
01:04:31,920 --> 01:04:34,640
Speaker 2: so on, I think almost all of them are not reformable.

1136
01:04:35,360 --> 01:04:36,880
Speaker 3: I think the same is true of embezzlers.

1137
01:04:37,480 --> 01:04:39,800
Speaker 2: I think if you embezzle and you get away with it,

1138
01:04:39,840 --> 01:04:41,480
Speaker 2: You're gonna keep doing it and doing it and doing

1139
01:04:41,600 --> 01:04:45,720
Speaker 2: If you embezzle then you get caught, you're probably wanting

1140
01:04:45,720 --> 01:04:47,800
Speaker 2: to do it again, and you're gonna wait for the

1141
01:04:47,800 --> 01:04:50,400
Speaker 2: perfect situation. And what's the perfect situation? And that is

1142
01:04:50,400 --> 01:04:53,200
Speaker 2: where there isn't proper monitoring of the books. I mean,

1143
01:04:53,960 --> 01:04:56,280
Speaker 2: it's very hard on some small businesses, but I've even

1144
01:04:56,320 --> 01:04:59,840
Speaker 2: said with nonprofits, every nonprofit should have two party authors

1145
01:05:00,240 --> 01:05:03,960
Speaker 2: for the signing of all checks or check Now is

1146
01:05:04,000 --> 01:05:07,320
Speaker 2: becoming an archaic term disbursement of any form if you're

1147
01:05:07,360 --> 01:05:10,920
Speaker 2: paying electronically or whatever. Now, two people can still be

1148
01:05:10,920 --> 01:05:14,080
Speaker 2: in cahoots, but the chances that you'd have two crooks

1149
01:05:14,120 --> 01:05:15,800
Speaker 2: is certainly less than the chance that there would be

1150
01:05:15,800 --> 01:05:20,000
Speaker 2: simply one of them. And my guess is that this

1151
01:05:20,080 --> 01:05:22,720
Speaker 2: business led she's a business manager. She was in charge

1152
01:05:22,760 --> 01:05:24,760
Speaker 2: of all the books, and they weren't paying close enough attention,

1153
01:05:24,880 --> 01:05:26,920
Speaker 2: and she was taking just enough that they didn't notice.

1154
01:05:26,960 --> 01:05:28,080
Speaker 3: And here's the problem with it.

1155
01:05:28,120 --> 01:05:30,880
Speaker 2: Eventually they take so much that it is noticed. And

1156
01:05:30,920 --> 01:05:33,120
Speaker 2: here it's forty one thousand dollars. There may have been

1157
01:05:33,160 --> 01:05:35,160
Speaker 2: something they haven't caught. Forty one thousand, So probably it

1158
01:05:35,200 --> 01:05:37,200
Speaker 2: is a relatively small business and it got to the

1159
01:05:37,200 --> 01:05:40,080
Speaker 2: point that somebody must have looked, gee, whatever, howma on,

1160
01:05:40,680 --> 01:05:46,000
Speaker 2: how did all of this go? So here's Mark Belling's

1161
01:05:46,160 --> 01:05:50,120
Speaker 2: smart tip of the day. I understand there's a shortage

1162
01:05:50,120 --> 01:05:54,200
Speaker 2: of employees out there, but if you're looking to hire

1163
01:05:54,280 --> 01:05:57,800
Speaker 2: somebody to handle your company's books and finances, don't I

1164
01:05:57,920 --> 01:06:03,920
Speaker 2: an a pustler. See some things in life, boy, oh boy,

1165
01:06:04,000 --> 01:06:06,480
Speaker 2: are they heart and we faced tough. We face tough

1166
01:06:06,520 --> 01:06:09,400
Speaker 2: decisions all the time, right, but there are some that.

1167
01:06:09,320 --> 01:06:14,520
Speaker 3: Are not tough, some that are not tough. And now

1168
01:06:14,600 --> 01:06:19,680
Speaker 3: to this, here's a good one. This is one of

1169
01:06:19,760 --> 01:06:22,800
Speaker 3: these people. Did Everybody knows who it is, but they

1170
01:06:22,800 --> 01:06:25,600
Speaker 3: don't know his name. Michael Burry. Know who that is?

1171
01:06:27,320 --> 01:06:29,320
Speaker 2: You've seen a movie about him? I bet you have,

1172
01:06:29,480 --> 01:06:31,400
Speaker 2: because just like it's one of these movies that like

1173
01:06:31,440 --> 01:06:32,680
Speaker 2: everybody I know has seen.

1174
01:06:35,200 --> 01:06:40,440
Speaker 3: Remember The Big Short? You don't, Oh, you do?

1175
01:06:40,920 --> 01:06:42,920
Speaker 2: The Big Short was the movie that was made about

1176
01:06:43,000 --> 01:06:45,760
Speaker 2: the guy that shorted the housing market and short of

1177
01:06:45,840 --> 01:06:49,160
Speaker 2: the credit markets in six o seven, the period before

1178
01:06:49,160 --> 01:06:51,720
Speaker 2: the credit markets melted down because of the housing crash.

1179
01:06:51,760 --> 01:06:53,480
Speaker 3: That was Michael Burry and they made the movie The

1180
01:06:53,480 --> 01:06:54,600
Speaker 3: Big Short about him.

1181
01:06:55,280 --> 01:06:57,000
Speaker 2: Well, we're still out there and he's an investor and

1182
01:06:57,080 --> 01:07:02,160
Speaker 2: he now believes that the text. Some of them are

1183
01:07:02,160 --> 01:07:05,040
Speaker 2: in the same situation. I indicated on the podcast. I

1184
01:07:05,040 --> 01:07:08,760
Speaker 2: think last week again, I'm not like I'm Bury could

1185
01:07:08,760 --> 01:07:10,640
Speaker 2: be wrong too, But he's a professional.

1186
01:07:10,680 --> 01:07:10,960
Speaker 3: I'm not.

1187
01:07:11,000 --> 01:07:13,160
Speaker 2: I'm just a guy sitting here with an opinion. I

1188
01:07:13,200 --> 01:07:15,400
Speaker 2: think the tech stocks are overvalued and in a bubble too.

1189
01:07:16,600 --> 01:07:18,600
Speaker 2: I think that many of these TEX stocks are extremely

1190
01:07:18,640 --> 01:07:20,560
Speaker 2: solid companies. I just think that there's stock prices that

1191
01:07:20,560 --> 01:07:22,800
Speaker 2: are in a bubble that they've gotten way ahead of themselves,

1192
01:07:22,840 --> 01:07:23,880
Speaker 2: just like housing does.

1193
01:07:23,760 --> 01:07:24,240
Speaker 3: And so on.

1194
01:07:25,200 --> 01:07:28,320
Speaker 2: Bury has a specific thing that he's focusing on, which

1195
01:07:28,320 --> 01:07:36,160
Speaker 2: I think is quite interesting. Depreciation should I explain, But

1196
01:07:36,360 --> 01:07:37,920
Speaker 2: I'm asking you a lot of questions and what to

1197
01:07:37,960 --> 01:07:40,800
Speaker 2: explain today. Do you think most people know what depreciation is?

1198
01:07:41,160 --> 01:07:44,680
Speaker 3: You do? I don't.

1199
01:07:47,760 --> 01:07:50,000
Speaker 2: I'll explain it in terms of a business I'm in,

1200
01:07:50,160 --> 01:07:55,520
Speaker 2: owning racesources. In this case, depreciation is a good thing

1201
01:07:55,600 --> 01:07:59,760
Speaker 2: because you're able on depreciation to take a tax break

1202
01:08:00,040 --> 01:08:03,640
Speaker 2: off of it. Depreciation means something is declining in value,

1203
01:08:03,680 --> 01:08:05,360
Speaker 2: and in the case of a race horse, they will

1204
01:08:05,600 --> 01:08:08,480
Speaker 2: you know, unless they go on a massive success, it's

1205
01:08:08,520 --> 01:08:11,280
Speaker 2: stud They all decline in value for obvious reasons. A

1206
01:08:11,320 --> 01:08:15,800
Speaker 2: horse that is two or three has more future in

1207
01:08:15,840 --> 01:08:17,320
Speaker 2: them than a horse that is seven or eight.

1208
01:08:17,800 --> 01:08:19,799
Speaker 3: Seven or eight. Probably they're not going to race anymore.

1209
01:08:19,880 --> 01:08:21,559
Speaker 2: Maybe they if they're good enough, they can go off

1210
01:08:21,560 --> 01:08:24,439
Speaker 2: and be used for breeding purposes and so on. But

1211
01:08:24,520 --> 01:08:26,679
Speaker 2: the older they get, the more they go down in value.

1212
01:08:26,800 --> 01:08:32,880
Speaker 2: Let's imagine how you own, like a will, your storage units.

1213
01:08:32,880 --> 01:08:36,880
Speaker 2: Now that's not a great example, but because they last forever,

1214
01:08:37,000 --> 01:08:39,479
Speaker 2: don't they hold on those buildings ASTs sixty seventy years?

1215
01:08:39,560 --> 01:08:44,559
Speaker 3: Right? Yeah, but it's not the best example.

1216
01:08:44,560 --> 01:08:47,000
Speaker 2: But that storage unit building is going to be worth

1217
01:08:47,080 --> 01:08:49,000
Speaker 2: less than twenty five years than it is now because

1218
01:08:49,120 --> 01:08:51,200
Speaker 2: we more beat up. It's going to need more repairs,

1219
01:08:51,280 --> 01:08:53,880
Speaker 2: more technical. Now, maybe it goes up because people moved

1220
01:08:53,880 --> 01:08:56,320
Speaker 2: into the area and so on. But that's what depreciation is.

1221
01:08:56,560 --> 01:08:59,839
Speaker 2: Depreciation is how something declines in value as it weighs.

1222
01:09:00,160 --> 01:09:03,680
Speaker 2: With regard to tech products, we all know that they

1223
01:09:03,720 --> 01:09:06,120
Speaker 2: become obsolete over a very short period of time. And

1224
01:09:06,160 --> 01:09:10,120
Speaker 2: a perfect example of appreciation is an iPhone or your smartphone.

1225
01:09:10,640 --> 01:09:13,920
Speaker 2: An iPhone, the newest one is a seventeen. I went

1226
01:09:13,960 --> 01:09:17,120
Speaker 2: from a fourteen to a seventeen. Remember before I went

1227
01:09:17,160 --> 01:09:18,639
Speaker 2: to the fourteen, I think I went from a nine

1228
01:09:18,680 --> 01:09:20,040
Speaker 2: to a fourteen, and then I had to go to

1229
01:09:20,080 --> 01:09:20,800
Speaker 2: a fourteen.

1230
01:09:20,520 --> 01:09:21,560
Speaker 3: Because I was humiliated.

1231
01:09:21,760 --> 01:09:24,200
Speaker 2: I always whenever I hear that Paul's number is higher

1232
01:09:24,200 --> 01:09:25,840
Speaker 2: than mine, I know that I need to move forward.

1233
01:09:26,000 --> 01:09:29,320
Speaker 2: You're not at a seventeen yet I passed you today.

1234
01:09:30,240 --> 01:09:32,160
Speaker 2: Well look at you. I think you told me once

1235
01:09:32,200 --> 01:09:34,479
Speaker 2: and I say, oh my god, think you have a sixteen?

1236
01:09:34,520 --> 01:09:37,400
Speaker 3: Don't you fifteen? Well that was more.

1237
01:09:37,439 --> 01:09:40,400
Speaker 2: I have the fourteen. So when you go to a twenty,

1238
01:09:40,439 --> 01:09:44,320
Speaker 2: then I'll get the twenty one. An iPhone eleven is

1239
01:09:44,360 --> 01:09:47,320
Speaker 2: worth almost nothing if you're trying to sell an iPhone eleven,

1240
01:09:47,439 --> 01:09:50,800
Speaker 2: virtually nothing because it's obsolete, because the other phones that

1241
01:09:50,800 --> 01:09:53,000
Speaker 2: are newer do way way, way more. All right, getting

1242
01:09:53,040 --> 01:09:59,000
Speaker 2: to the story, here's a bury Is pointing out understating

1243
01:09:59,040 --> 01:10:03,320
Speaker 2: depreciation by extending useful life of assets.

1244
01:10:03,240 --> 01:10:04,839
Speaker 3: Artificially boost earnings.

1245
01:10:04,960 --> 01:10:07,080
Speaker 2: So as they say, depreciation is a good thing if

1246
01:10:07,080 --> 01:10:11,160
Speaker 2: you're looking for in stating your taxes, something's declined in value.

1247
01:10:11,439 --> 01:10:15,840
Speaker 2: But if you're stating your company's profitability, then you want

1248
01:10:15,880 --> 01:10:20,439
Speaker 2: to understate your depreciation. In other words, let's take just

1249
01:10:20,640 --> 01:10:26,240
Speaker 2: something that you own that's depreciated, but you say it

1250
01:10:26,240 --> 01:10:29,599
Speaker 2: it hasn't depreciated, or it's only depreciated two percent rather

1251
01:10:29,640 --> 01:10:33,000
Speaker 2: than twenty percent. It makes your corporate earnings look better,

1252
01:10:33,080 --> 01:10:35,920
Speaker 2: doesn't it. That's what Bury is saying. Here's his explanation

1253
01:10:41,760 --> 01:10:44,880
Speaker 2: one of the more common frauds of the modern era.

1254
01:10:45,080 --> 01:10:50,719
Speaker 2: Bury road massively ramping KPEX through purchase of Nvidia chips

1255
01:10:50,720 --> 01:10:53,400
Speaker 2: and servers on a two to three year product cycle

1256
01:10:54,000 --> 01:10:57,160
Speaker 2: should not result in the extension of useful lives of

1257
01:10:57,520 --> 01:11:00,920
Speaker 2: computer equipment. Yet this is exact exactly what all the

1258
01:11:01,040 --> 01:11:03,479
Speaker 2: hyper scalers have done. All right, here's what he's saying.

1259
01:11:04,720 --> 01:11:07,200
Speaker 2: Because they keep buying brand new stuff. You know, the

1260
01:11:07,280 --> 01:11:10,080
Speaker 2: Nvidia chips get so much better every year. They keep

1261
01:11:10,120 --> 01:11:12,640
Speaker 2: buying new chips to replace the others, but they're not

1262
01:11:12,840 --> 01:11:16,040
Speaker 2: depreciating the older chips at the rate by which they're

1263
01:11:16,040 --> 01:11:20,240
Speaker 2: actually going out of existence. To make it more understandable,

1264
01:11:21,200 --> 01:11:23,759
Speaker 2: let's imagine you're going to replace something after two years.

1265
01:11:24,960 --> 01:11:28,280
Speaker 2: They're depreciating on the value of just say, sixteen percent

1266
01:11:28,280 --> 01:11:39,559
Speaker 2: a year rather than fifty percent a year. Continuing should

1267
01:11:39,560 --> 01:11:42,479
Speaker 2: not result in the extension of useful lives of corporate

1268
01:11:42,560 --> 01:11:45,200
Speaker 2: computer equipment. Yet this is exactly what all the hyperscalers

1269
01:11:45,240 --> 01:11:48,320
Speaker 2: have done. Bury estimated that from twenty twenty six to

1270
01:11:48,400 --> 01:11:53,120
Speaker 2: twenty twenty eight, the accounting maneuver would understate depreciation by

1271
01:11:53,120 --> 01:11:57,400
Speaker 2: about one hundred and seventy six billion, inflating reported earnings

1272
01:11:57,400 --> 01:12:00,839
Speaker 2: across the industry. In other words, if something's depreciated industry

1273
01:12:00,840 --> 01:12:02,840
Speaker 2: wide by one hundred and seventy six billion, but you

1274
01:12:02,920 --> 01:12:05,519
Speaker 2: don't depreciate it by that, that means you've overstated your

1275
01:12:05,600 --> 01:12:07,880
Speaker 2: earnings by one hundred and seventy six billion, because the

1276
01:12:07,920 --> 01:12:11,040
Speaker 2: depreciation goes as a loss on your ledger. But if

1277
01:12:11,040 --> 01:12:14,200
Speaker 2: that loss simply doesn't show up, it makes your earnings

1278
01:12:14,240 --> 01:12:16,320
Speaker 2: look better than they are. This is what he's claiming

1279
01:12:16,360 --> 01:12:20,240
Speaker 2: is going on. He singled out Oracle and Meta Platforms

1280
01:12:20,240 --> 01:12:22,960
Speaker 2: that's the parent of Facebook, saying their profits could be

1281
01:12:23,040 --> 01:12:27,000
Speaker 2: overstated by roughly twenty seven and twenty one percent, respectively

1282
01:12:27,080 --> 01:12:30,479
Speaker 2: in twenty twenty eight. Next, this is from a poster

1283
01:12:30,600 --> 01:12:34,280
Speaker 2: on X named Shanaka eighty six. Silicon Valley's one hundred

1284
01:12:34,280 --> 01:12:37,600
Speaker 2: and seventy billion dollar lie. The accounting, fraud, hiding and

1285
01:12:37,640 --> 01:12:42,480
Speaker 2: plain sight meta Microsoft, Google, Amazon, Oracle five Titans quietly

1286
01:12:42,520 --> 01:12:46,920
Speaker 2: extended server depreciation from three years to six years between

1287
01:12:46,920 --> 01:12:49,280
Speaker 2: twenty twenty two and twenty twenty four. Right, what are

1288
01:12:49,320 --> 01:12:51,360
Speaker 2: they say? Computer servers? You want to know where the

1289
01:12:51,360 --> 01:12:55,439
Speaker 2: cloud is, it's these servers there. They were depreciating their

1290
01:12:55,439 --> 01:12:57,599
Speaker 2: servers over a three year period. In other words, after

1291
01:12:57,640 --> 01:12:59,559
Speaker 2: three years, you got to get a new one because

1292
01:12:59,560 --> 01:13:02,360
Speaker 2: the new one way better. They extended the depreciation from

1293
01:13:02,400 --> 01:13:04,920
Speaker 2: three years to six years. But the point that they're

1294
01:13:05,000 --> 01:13:07,920
Speaker 2: arguing is they're actually still buying the new stuff every

1295
01:13:07,920 --> 01:13:10,479
Speaker 2: three years, but they're claiming that their depreciation is over

1296
01:13:10,560 --> 01:13:15,320
Speaker 2: six continuing, here's this point.

1297
01:13:16,800 --> 01:13:18,880
Speaker 3: It's all audited, it's all legal.

1298
01:13:19,200 --> 01:13:23,160
Speaker 2: It's disclosed in the footnotes that nobody reads. I seek

1299
01:13:23,240 --> 01:13:25,280
Speaker 2: annual reports from a company I've never read. I don't

1300
01:13:25,320 --> 01:13:27,000
Speaker 2: know know that I ever even read the report. I

1301
01:13:27,000 --> 01:13:29,679
Speaker 2: certainly don't read the footnotes. So they're all disclosed. Again,

1302
01:13:29,720 --> 01:13:31,839
Speaker 2: so this is their cover. It's disclosed in the reports

1303
01:13:31,840 --> 01:13:33,479
Speaker 2: that a depreciation is over six years.

1304
01:13:34,320 --> 01:13:35,879
Speaker 3: Here's what that means in English.

1305
01:13:36,240 --> 01:13:40,680
Speaker 2: Four four hundred billion dollar has been annually on Nvidia GPUs.

1306
01:13:40,720 --> 01:13:45,240
Speaker 2: That's chip that become obsolete every twelve months depreciated as

1307
01:13:45,320 --> 01:13:48,799
Speaker 2: if they'll generate cash for six years. The math is simple,

1308
01:13:49,120 --> 01:13:53,320
Speaker 2: the implications are catastrophic. By twenty twenty eight, this accounting

1309
01:13:53,360 --> 01:13:56,120
Speaker 2: maneuver will have inflated reported earnings by one hundred and

1310
01:13:56,120 --> 01:14:01,160
Speaker 2: seventy billion dollars no rebitue, not revenue, a phantom profit.

1311
01:14:01,680 --> 01:14:06,320
Speaker 2: Meta alone books two point nine billion in savings by

1312
01:14:06,360 --> 01:14:11,080
Speaker 2: pretending AI servers last five point five years. Oracle earnings

1313
01:14:11,080 --> 01:14:14,280
Speaker 2: are overstated twenty six point nine percent by fiscal twenty

1314
01:14:14,320 --> 01:14:22,599
Speaker 2: twenty eight. Peace on substack headline the Great AI Earnings Illusion.

1315
01:14:22,680 --> 01:14:25,439
Speaker 2: How Silicon Valley engineered one hundred and seventy billion dollars

1316
01:14:25,439 --> 01:14:28,320
Speaker 2: in phantom profits and then zero hedge, which is a

1317
01:14:28,439 --> 01:14:32,000
Speaker 2: very conservative financial website. Oracle is the first AI dominated

1318
01:14:32,000 --> 01:14:34,960
Speaker 2: a drop after Barclay's downgrades its debt to sell. I

1319
01:14:35,000 --> 01:14:38,360
Speaker 2: should also mention that SoftBank, which is a huge Japanese

1320
01:14:38,400 --> 01:14:41,679
Speaker 2: company that invests in tech companies, has sold sold all

1321
01:14:41,800 --> 01:14:45,679
Speaker 2: its in video. Again, I'm not telling anybody what to do.

1322
01:14:45,680 --> 01:14:48,920
Speaker 2: Don't follow me. I'm just being honest and with skill disclosure.

1323
01:14:49,479 --> 01:14:51,360
Speaker 2: I think the tech stocks are overvalued. I've held in

1324
01:14:51,439 --> 01:14:53,639
Speaker 2: VideA and done extreme moved off for the last several years.

1325
01:14:53,680 --> 01:14:56,400
Speaker 2: I dumped it all. Maybe I'm wrong. Maybe in video

1326
01:14:56,479 --> 01:15:00,280
Speaker 2: is gonna keep going up. But in again, age comes

1327
01:15:00,280 --> 01:15:04,840
Speaker 2: into this when you make decisions on your finances. I'm

1328
01:15:04,880 --> 01:15:07,639
Speaker 2: somebody for home up fifty percent loss at this stage

1329
01:15:07,640 --> 01:15:09,960
Speaker 2: of my life wall, you know, but if you're thirty,

1330
01:15:10,160 --> 01:15:16,160
Speaker 2: things come back, et cetera. I just been looking at

1331
01:15:16,160 --> 01:15:18,439
Speaker 2: these stocks exploding in value, and the numbers are so

1332
01:15:18,520 --> 01:15:19,920
Speaker 2: good and so good and so good, and then you

1333
01:15:19,960 --> 01:15:24,840
Speaker 2: see these little tip offset Maybe the profits are overstated, legal.

1334
01:15:27,040 --> 01:15:27,880
Speaker 3: But overstated.

1335
01:15:28,080 --> 01:15:30,640
Speaker 2: And again, you know, guys like Michael Burry that do

1336
01:15:30,760 --> 01:15:33,280
Speaker 2: these shorts, they get movies made about them when they're right,

1337
01:15:33,280 --> 01:15:36,040
Speaker 2: but when they're wrong, nobody notices. You know, there have

1338
01:15:36,040 --> 01:15:38,680
Speaker 2: been people have been predicting this economic gloom and that

1339
01:15:38,760 --> 01:15:41,759
Speaker 2: economic loom forever and ever and ever and ever. Usually

1340
01:15:42,120 --> 01:15:44,479
Speaker 2: the same thing with gold. I said this years ago

1341
01:15:44,479 --> 01:15:46,920
Speaker 2: when we're doing a radio show before the podcast. When

1342
01:15:46,960 --> 01:15:49,120
Speaker 2: you hear zillions of gold commercials on the radio, that

1343
01:15:49,160 --> 01:15:52,120
Speaker 2: means gold is peaked. When you hear nothing, because gold

1344
01:15:52,160 --> 01:15:53,760
Speaker 2: has been on the toilet for ten years, that's the

1345
01:15:53,800 --> 01:16:01,519
Speaker 2: time to buy. You're following all of this materiality. Yeah,

1346
01:16:01,600 --> 01:16:04,160
Speaker 2: I mean I posted it's just like all stocks are

1347
01:16:04,240 --> 01:16:07,280
Speaker 2: chasing it. I don't entirely agree with that, because I

1348
01:16:07,280 --> 01:16:09,120
Speaker 2: think in general, stocks that.

1349
01:16:09,080 --> 01:16:10,520
Speaker 3: Are going up in price.

1350
01:16:11,840 --> 01:16:13,840
Speaker 2: Probably are going to keep going up in price, that

1351
01:16:13,840 --> 01:16:15,439
Speaker 2: they're going up in price for a reason.

1352
01:16:16,360 --> 01:16:19,479
Speaker 3: But the same thing with housing. Okay, housing's starting to

1353
01:16:19,479 --> 01:16:24,040
Speaker 3: go up, how early are you in that going up period?

1354
01:16:24,680 --> 01:16:26,800
Speaker 2: For instance, it's something starting to go down, I don't

1355
01:16:26,840 --> 01:16:29,040
Speaker 2: think that necessarily means it's a buy. Maybe it's going

1356
01:16:29,040 --> 01:16:35,439
Speaker 2: down because it's headed right to the toilet. But we're

1357
01:16:35,479 --> 01:16:38,439
Speaker 2: talking here with the tech stocks. Is I just think

1358
01:16:38,479 --> 01:16:41,559
Speaker 2: a hypervaluation of them for legit and I think they're

1359
01:16:41,600 --> 01:16:44,880
Speaker 2: all solid companies. AI is real, all this stuff is real.

1360
01:16:44,920 --> 01:16:46,920
Speaker 2: I just think that they've gotten over priced. But again,

1361
01:16:47,000 --> 01:16:49,760
Speaker 2: I want to keep stressing this. I don't want people

1362
01:16:49,800 --> 01:16:52,080
Speaker 2: run around. You said, and I sold, don't do anything

1363
01:16:52,080 --> 01:16:53,519
Speaker 2: based on what I've said. I'm just giving you my

1364
01:16:53,600 --> 01:16:56,920
Speaker 2: opinion on this. I might be right, I might be wrong.

1365
01:16:58,120 --> 01:17:01,639
Speaker 2: Billy Joel's saying that you might be right, you might

1366
01:17:01,680 --> 01:17:04,600
Speaker 2: What was that that's from Big Shot, wasn't it? You

1367
01:17:04,640 --> 01:17:07,439
Speaker 2: may be right, you may be wrong, Yeah, Big shot.

1368
01:17:07,960 --> 01:17:14,760
Speaker 2: It was in Big Shot, wasn't it. I don't know anymore. Well,

1369
01:17:14,800 --> 01:17:17,440
Speaker 2: we can't play it because we can't play music on podcasts,

1370
01:17:17,520 --> 01:17:19,439
Speaker 2: So I'll just have everybody out there screaming what the

1371
01:17:19,479 --> 01:17:21,960
Speaker 2: correct answer is, and they'll be listening to this thing

1372
01:17:22,000 --> 01:17:24,040
Speaker 2: like a ten twenty five at night of trying to

1373
01:17:24,080 --> 01:17:31,000
Speaker 2: call like it was you maybe right? So it's not

1374
01:17:31,080 --> 01:17:32,560
Speaker 2: in big Shot, it's and it's just you may be

1375
01:17:32,640 --> 01:17:35,599
Speaker 2: right as its own song. Yeah, And I was thinking

1376
01:17:35,680 --> 01:17:39,280
Speaker 2: that was in Big Shot. You know why these things are?

1377
01:17:39,320 --> 01:17:41,040
Speaker 2: I bet you could figure out why these lyrics are

1378
01:17:41,040 --> 01:17:42,000
Speaker 2: bouncing around.

1379
01:17:41,720 --> 01:17:47,720
Speaker 3: In my head. But why right now? Here's why? What

1380
01:17:47,760 --> 01:17:48,839
Speaker 3: did I do over the weekend?

1381
01:17:50,400 --> 01:17:53,360
Speaker 2: I was on a flight I always listened to I

1382
01:17:53,439 --> 01:17:55,519
Speaker 2: always have my headphones on during the flight, and I'm

1383
01:17:55,560 --> 01:17:58,519
Speaker 2: listening to the music that's preloaded into my phone. And

1384
01:17:58,560 --> 01:18:00,200
Speaker 2: because there's no Wi Fi in the flight, I could

1385
01:18:00,200 --> 01:18:01,800
Speaker 2: only listen to the music that was my phone, and

1386
01:18:01,840 --> 01:18:04,080
Speaker 2: I was I listened to like Billy Joel's greatest hits,

1387
01:18:04,120 --> 01:18:06,040
Speaker 2: so they all blended in together. And by the way,

1388
01:18:06,680 --> 01:18:08,599
Speaker 2: when you take like the greatest hits from a Baby

1389
01:18:08,600 --> 01:18:11,360
Speaker 2: Boomber band, that's two hours because it's always like a

1390
01:18:11,360 --> 01:18:13,680
Speaker 2: double album because they have thirty five or forty of them.

1391
01:18:13,680 --> 01:18:16,439
Speaker 2: It's not like the greatest hits of you know, Adele,

1392
01:18:16,439 --> 01:18:20,000
Speaker 2: how many albums has she had, like three albums. It's

1393
01:18:20,040 --> 01:18:22,080
Speaker 2: hard for her, hard to crank out a greatest hits

1394
01:18:22,120 --> 01:18:22,519
Speaker 2: when it's.

1395
01:18:22,439 --> 01:18:26,280
Speaker 3: The whole uh whole uh uh.

1396
01:18:26,560 --> 01:18:28,240
Speaker 2: It's time to take a break in here, isn't it.

1397
01:18:30,320 --> 01:18:33,120
Speaker 2: I actually have a serious story, but we're going to

1398
01:18:33,240 --> 01:18:35,679
Speaker 2: end on an amusing note. So a serious story first.

1399
01:18:35,680 --> 01:18:38,360
Speaker 2: In the next segment end we'll end on an up note.

1400
01:18:38,439 --> 01:18:43,280
Speaker 2: This is the Mark Belling podcast. This is the Mark

1401
01:18:43,360 --> 01:18:45,840
Speaker 2: Belling podcast. I'm being heckled by my own producer in

1402
01:18:45,880 --> 01:18:48,000
Speaker 2: here right now. Said that story, juniors, I said, I

1403
01:18:48,040 --> 01:18:50,160
Speaker 2: even said they're a bad example of appreciation. I was

1404
01:18:50,200 --> 01:18:52,559
Speaker 2: struggling to come up. The perfect example is the one

1405
01:18:52,560 --> 01:18:55,960
Speaker 2: I started with the horse. Horses can appreciate If the

1406
01:18:55,960 --> 01:18:58,759
Speaker 2: horse goes to stud and his and his progeny offspring

1407
01:18:58,800 --> 01:19:00,960
Speaker 2: babies turned out to be really go the studfee can

1408
01:19:01,040 --> 01:19:03,639
Speaker 2: go up, but every year that goes by, they're closer

1409
01:19:03,680 --> 01:19:05,559
Speaker 2: to death, meaning there's less money that you can make

1410
01:19:05,680 --> 01:19:08,800
Speaker 2: off of them. So an example of something depreciating, you

1411
01:19:08,800 --> 01:19:11,320
Speaker 2: would argue, would be me. I am still making a

1412
01:19:11,360 --> 01:19:15,840
Speaker 2: fortune for the company here, but at some point I'll

1413
01:19:15,880 --> 01:19:18,080
Speaker 2: either lose all my marbles or croak, at which point

1414
01:19:18,120 --> 01:19:23,840
Speaker 2: I become useless, right, Paul said, cars, Yeah, you are right.

1415
01:19:24,800 --> 01:19:28,559
Speaker 2: Remember Tom booten Off, you just did a financial show

1416
01:19:28,560 --> 01:19:30,639
Speaker 2: on at the very beginning of when I came here

1417
01:19:30,680 --> 01:19:33,080
Speaker 2: eighty I don't remember when Tom ended, but like eighty

1418
01:19:33,160 --> 01:19:36,040
Speaker 2: nine to ninety two, one two and so on.

1419
01:19:37,240 --> 01:19:40,200
Speaker 3: Cards are an appreciating asset. I remember embarking thatity.

1420
01:19:41,040 --> 01:19:45,519
Speaker 2: Well I know that, Tom, but you're enjoying it. An

1421
01:19:45,560 --> 01:19:48,040
Speaker 2: example of often an appreciating asset is a house. You

1422
01:19:48,160 --> 01:19:50,200
Speaker 2: enjoy it, and if you're lucky, it goes up in value,

1423
01:19:50,240 --> 01:19:51,559
Speaker 2: so you get to own. This is why I argue

1424
01:19:51,600 --> 01:19:54,160
Speaker 2: it's running. You own the house and your value is

1425
01:19:54,200 --> 01:19:55,840
Speaker 2: going up and you're getting something that you like. But

1426
01:19:55,880 --> 01:19:57,280
Speaker 2: I mean, the reason that you buy a car and

1427
01:19:57,320 --> 01:19:58,639
Speaker 2: it depreciates is you're getting.

1428
01:19:58,400 --> 01:19:59,360
Speaker 3: The enjoyment off of it.

1429
01:19:59,479 --> 01:20:01,719
Speaker 2: An example of something that has one hundred percent instant

1430
01:20:01,720 --> 01:20:03,400
Speaker 2: for depreciation to be a vacation.

1431
01:20:03,880 --> 01:20:07,639
Speaker 3: You're going your back home. At least the car lasts

1432
01:20:07,680 --> 01:20:08,639
Speaker 3: a while, but.

1433
01:20:08,640 --> 01:20:11,080
Speaker 2: You know, even theification that you want to you got

1434
01:20:11,080 --> 01:20:13,160
Speaker 2: that value when you have it, and then if you

1435
01:20:13,240 --> 01:20:17,559
Speaker 2: have a properly wired life, the memories of it you share.

1436
01:20:17,680 --> 01:20:20,479
Speaker 2: That continues in the quality of your life after you've

1437
01:20:20,479 --> 01:20:23,760
Speaker 2: done it. So get get off my back on your store.

1438
01:20:23,840 --> 01:20:27,759
Speaker 2: Judit's sit there, all right. Good news, bad news, good news.

1439
01:20:29,720 --> 01:20:31,559
Speaker 2: This is the first story is actually good news, and

1440
01:20:31,640 --> 01:20:33,080
Speaker 2: it requires brief analysis.

1441
01:20:33,840 --> 01:20:34,280
Speaker 3: Syria.

1442
01:20:34,880 --> 01:20:40,400
Speaker 2: Recall that the Asad government was overthrown. Some people thought

1443
01:20:40,400 --> 01:20:42,559
Speaker 2: that was good, some people thought that was bad. I

1444
01:20:42,640 --> 01:20:45,080
Speaker 2: thought it was good, as you recall, But it was

1445
01:20:45,120 --> 01:20:48,799
Speaker 2: overthrown by you know, it's one group of radical Muslims

1446
01:20:48,840 --> 01:20:53,639
Speaker 2: overthrowing another group of radical Muslims. Trump, and he doesn't

1447
01:20:53,640 --> 01:20:58,640
Speaker 2: get enough credit for this. He's very good at managing radicals.

1448
01:21:00,840 --> 01:21:04,599
Speaker 2: The thing about these radical Muslim groups is one radical

1449
01:21:04,680 --> 01:21:07,160
Speaker 2: Muslim group hates the other radical Muslim group because they

1450
01:21:07,200 --> 01:21:10,599
Speaker 2: all want power. Syria is now joining in the fight

1451
01:21:10,720 --> 01:21:16,439
Speaker 2: against Islamic state sometimes called ices. This is a major

1452
01:21:16,600 --> 01:21:22,160
Speaker 2: positive development. Syria and its new government kind of came

1453
01:21:22,200 --> 01:21:25,320
Speaker 2: out of the terror movement because Asad was repressing them.

1454
01:21:25,760 --> 01:21:29,320
Speaker 2: But now that they were a government themselves, they seem

1455
01:21:29,400 --> 01:21:31,880
Speaker 2: to be working against terror.

1456
01:21:32,000 --> 01:21:33,200
Speaker 3: It doesn't look like they.

1457
01:21:33,080 --> 01:21:40,640
Speaker 2: Intend to fund Hesbola much anymore either. The more we

1458
01:21:40,680 --> 01:21:44,680
Speaker 2: can take the Middle East and turn it into a

1459
01:21:44,800 --> 01:21:49,559
Speaker 2: region in which people are interested in making money, thriving

1460
01:21:49,680 --> 01:21:52,439
Speaker 2: and improving the quality of life of their people, and

1461
01:21:52,600 --> 01:21:55,160
Speaker 2: less a region where they simply want to kill one another,

1462
01:21:55,280 --> 01:21:59,479
Speaker 2: especially Jews, the better. So I think this is a

1463
01:21:59,520 --> 01:22:03,280
Speaker 2: positive development, not a horrible one. This story has been

1464
01:22:03,280 --> 01:22:06,280
Speaker 2: going on for years. It's just gotten extremely bad the

1465
01:22:06,320 --> 01:22:11,760
Speaker 2: last four months. I've mentioned it several times. It's a

1466
01:22:11,760 --> 01:22:15,520
Speaker 2: story that hardly ever makes news because it's an inconvenient.

1467
01:22:14,840 --> 01:22:15,599
Speaker 3: Truth for the left.

1468
01:22:16,960 --> 01:22:19,559
Speaker 2: Genocide isn't the right term because I don't think a

1469
01:22:19,600 --> 01:22:22,520
Speaker 2: genocide is the wiping out of a religion. A genocide

1470
01:22:22,560 --> 01:22:24,400
Speaker 2: tends to be the wiping out of a race or

1471
01:22:24,680 --> 01:22:25,559
Speaker 2: an ethnic group.

1472
01:22:26,200 --> 01:22:26,720
Speaker 3: There is.

1473
01:22:26,800 --> 01:22:29,920
Speaker 2: However, whatever you don't there probably is a term for it.

1474
01:22:29,960 --> 01:22:31,439
Speaker 2: I just don't know what it is for the wiping

1475
01:22:31,439 --> 01:22:36,240
Speaker 2: out of a religion, kind of in the same way

1476
01:22:36,280 --> 01:22:38,720
Speaker 2: that I think some people want to wipe out the

1477
01:22:38,800 --> 01:22:41,559
Speaker 2: Jews in Israel. That's complicated because Israel is a country.

1478
01:22:41,600 --> 01:22:46,160
Speaker 2: In addition to Judaism being a religion, one of the greatest,

1479
01:22:46,320 --> 01:22:49,479
Speaker 2: in fact, the biggest area of growth of Christianity in

1480
01:22:49,520 --> 01:22:56,280
Speaker 2: the world is Africa. Forty years ago, the population of Africa,

1481
01:22:56,840 --> 01:22:58,880
Speaker 2: all of Africa, from the top of it to South

1482
01:22:59,640 --> 01:23:02,519
Speaker 2: I think exclude South Africa, the white minority in South Africa.

1483
01:23:02,560 --> 01:23:04,680
Speaker 2: The rest of it, there was virtually no Christianity in

1484
01:23:04,720 --> 01:23:09,040
Speaker 2: the entire continent. There has been tremendous growth of both

1485
01:23:09,160 --> 01:23:14,559
Speaker 2: Roman Catholicism and number of Protestant groups in Africa, based

1486
01:23:14,560 --> 01:23:20,800
Speaker 2: primarily on missionary work. In fact, if you look at

1487
01:23:20,800 --> 01:23:23,280
Speaker 2: the number of Roman Catholic priests in the United States,

1488
01:23:23,960 --> 01:23:27,200
Speaker 2: an increasing number of them are of African descent, and

1489
01:23:27,240 --> 01:23:29,719
Speaker 2: the reason for that is they're not needed in Africa

1490
01:23:29,760 --> 01:23:32,639
Speaker 2: because so many young men in Africa are becoming priests

1491
01:23:32,680 --> 01:23:37,760
Speaker 2: because there's a fervor for the religion. Secondly, the economic

1492
01:23:37,880 --> 01:23:41,760
Speaker 2: reasons and so on are greater in impoverished areas, but

1493
01:23:41,880 --> 01:23:46,679
Speaker 2: many Ugandans, Nigerians and others come to the United States.

1494
01:23:46,680 --> 01:23:49,760
Speaker 2: There's also been tremendous success of a number of Protestant

1495
01:23:50,560 --> 01:23:54,240
Speaker 2: missionary groups, particularly in the most impoverished part of Africa,

1496
01:23:54,320 --> 01:24:00,240
Speaker 2: Central Africa. This is a tremendous threat to Muslims. The

1497
01:24:00,280 --> 01:24:02,360
Speaker 2: whole problem, and it is the whole problem with Islam

1498
01:24:02,560 --> 01:24:06,360
Speaker 2: is they believe that heretics must die, and a heretic

1499
01:24:06,439 --> 01:24:11,360
Speaker 2: is someone who doesn't believe. There is now a mass

1500
01:24:11,520 --> 01:24:16,480
Speaker 2: slaughter of Christians in Nigeria. It is accelerating and intensifying.

1501
01:24:17,200 --> 01:24:21,920
Speaker 2: Trump is threatening to winter bene. Many people in the

1502
01:24:21,960 --> 01:24:27,240
Speaker 2: Maga movement do not understand the difference between Trump's intervention

1503
01:24:28,040 --> 01:24:32,160
Speaker 2: and the old Neo Khan intervention. The old Neokan intervention

1504
01:24:32,680 --> 01:24:35,080
Speaker 2: was sending troops and fight a war and never leave

1505
01:24:35,240 --> 01:24:42,000
Speaker 2: i e. Afghanistan. Trump's intervention is to scare the crap

1506
01:24:42,040 --> 01:24:45,200
Speaker 2: out of you, to put an end to it and

1507
01:24:45,280 --> 01:24:47,760
Speaker 2: make the world better and solve the problem so that

1508
01:24:47,760 --> 01:24:50,240
Speaker 2: we're not farting around with it for the next fifty years.

1509
01:24:51,360 --> 01:24:57,040
Speaker 2: Here there is a moral imperative. Were this the opposite,

1510
01:24:57,240 --> 01:25:01,839
Speaker 2: if you had some predominantly Christian nation, let's say France,

1511
01:25:02,000 --> 01:25:05,360
Speaker 2: where the Muslim popular minority population is exploding. If all

1512
01:25:05,400 --> 01:25:08,280
Speaker 2: of a sudden in France, right and left, thousands of

1513
01:25:08,360 --> 01:25:11,080
Speaker 2: Muslims are being killed by French, you never hear the

1514
01:25:11,160 --> 01:25:13,920
Speaker 2: end of it. Because this is and by the way,

1515
01:25:13,960 --> 01:25:17,680
Speaker 2: in this predicorous everybody here is black. They're all by

1516
01:25:17,680 --> 01:25:22,559
Speaker 2: definition African, They're all black. This is black Muslims killing

1517
01:25:23,400 --> 01:25:27,960
Speaker 2: Black Christians and mass merely for the sin of being Christian,

1518
01:25:28,000 --> 01:25:32,760
Speaker 2: because they're terrified at the growth of Christianity in these

1519
01:25:32,840 --> 01:25:37,320
Speaker 2: nations that were in the past either partly pagan and

1520
01:25:37,360 --> 01:25:40,599
Speaker 2: remaining Muslim, or even one hundred percent Muslim.

1521
01:25:40,680 --> 01:25:42,320
Speaker 3: And finally, this I posted this on accident.

1522
01:25:42,320 --> 01:25:43,720
Speaker 2: I'm just going to repeat the way I posted in

1523
01:25:43,680 --> 01:25:46,080
Speaker 2: an Next, we have a scoreboard here for manager of

1524
01:25:46,120 --> 01:25:46,439
Speaker 2: the Year.

1525
01:25:46,840 --> 01:25:47,559
Speaker 3: Here's the score.

1526
01:25:48,479 --> 01:25:52,120
Speaker 2: Craig Council zero, Pat Murphy two. Pat Murphy or the

1527
01:25:52,120 --> 01:25:54,639
Speaker 2: Brers did win Manager of the Year at the National League.

1528
01:25:55,000 --> 01:25:57,200
Speaker 2: The book was released last night, the second year at

1529
01:25:57,200 --> 01:25:59,360
Speaker 2: a row, meaning every year he's been the manager of

1530
01:25:59,360 --> 01:26:01,400
Speaker 2: the Brewers the manager of the year. The funny thing

1531
01:26:01,439 --> 01:26:03,520
Speaker 2: of it, and it's just to me, it is just hilarious.

1532
01:26:03,680 --> 01:26:05,800
Speaker 2: When Craig Council was here here was regarded by the

1533
01:26:05,920 --> 01:26:08,280
Speaker 2: entire world as the best manager in baseball, which is

1534
01:26:08,320 --> 01:26:11,240
Speaker 2: why he got the second largest contract in the history

1535
01:26:11,240 --> 01:26:13,439
Speaker 2: of baseball managers when he was hired to manage the

1536
01:26:13,520 --> 01:26:17,280
Speaker 2: Chicago Cubs. They wanted him because everyone just assumed that

1537
01:26:18,040 --> 01:26:20,759
Speaker 2: Craig Council just was ahead of the curve in baseball,

1538
01:26:20,800 --> 01:26:24,960
Speaker 2: managing the thing that we just don't know, and I

1539
01:26:25,040 --> 01:26:27,760
Speaker 2: at some point there's going to be disclosure. I think

1540
01:26:27,800 --> 01:26:28,640
Speaker 2: it's possible.

1541
01:26:28,760 --> 01:26:29,280
Speaker 3: The reason.

1542
01:26:29,520 --> 01:26:31,600
Speaker 2: Do you know who his bench coach was from the

1543
01:26:31,600 --> 01:26:35,679
Speaker 2: beginning day at the Brewers Council, Pat Murphy. How much

1544
01:26:35,720 --> 01:26:37,960
Speaker 2: of this was Pat Murphy? They were very close. Pat

1545
01:26:38,040 --> 01:26:41,160
Speaker 2: Murphy coached Craig Counsel and college at Notre Dame. They've

1546
01:26:41,160 --> 01:26:43,800
Speaker 2: been lifelong friends and associates. How much of it was

1547
01:26:43,880 --> 01:26:46,320
Speaker 2: Murphy's advice and how much was council? Probably a combination

1548
01:26:46,400 --> 01:26:49,240
Speaker 2: of the two. But obviously there's not been a drop

1549
01:26:49,280 --> 01:26:51,439
Speaker 2: off in the management. And when I say management, I

1550
01:26:51,439 --> 01:26:54,880
Speaker 2: don't mean just on field performance, decision making, development of talent,

1551
01:26:55,000 --> 01:26:58,160
Speaker 2: use of players, positioning, all that stuff. Murphy's just a

1552
01:26:58,200 --> 01:27:01,080
Speaker 2: guy that has gotten more out of a more limited

1553
01:27:01,240 --> 01:27:04,000
Speaker 2: talent group than any manager baseball, which is why he's

1554
01:27:04,000 --> 01:27:05,479
Speaker 2: won or two years in a row. Now there is

1555
01:27:05,520 --> 01:27:07,640
Speaker 2: a caveat to this. Coach of the Year, manager of

1556
01:27:07,640 --> 01:27:09,720
Speaker 2: the Year, all of these awards. It's never given to

1557
01:27:09,760 --> 01:27:12,439
Speaker 2: the team that I wouldn't say never, virtually never the

1558
01:27:12,479 --> 01:27:14,640
Speaker 2: team with the best record. It's always the team that

1559
01:27:14,760 --> 01:27:18,680
Speaker 2: exceeds expectations. So if a team, say UTSU's football goes

1560
01:27:18,680 --> 01:27:23,280
Speaker 2: two to fifteen, and the following year they go, let's

1561
01:27:23,280 --> 01:27:25,479
Speaker 2: see ten and seven. That guy's going to be coach

1562
01:27:25,479 --> 01:27:29,439
Speaker 2: of the year because they improved expectations. Probably the best

1563
01:27:29,439 --> 01:27:31,360
Speaker 2: coach was the team that won the Super Bowl, but

1564
01:27:31,400 --> 01:27:34,120
Speaker 2: they rarely do win it. In the case of the Breweries,

1565
01:27:34,120 --> 01:27:36,000
Speaker 2: though they both they've come off of two of their

1566
01:27:36,040 --> 01:27:38,000
Speaker 2: best seasons ever.

1567
01:27:38,080 --> 01:27:39,960
Speaker 3: You know, some of the people that will retort to this, well,

1568
01:27:40,000 --> 01:27:42,000
Speaker 3: you didn't win a champion That truly didn't win a championship.

1569
01:27:42,280 --> 01:27:44,519
Speaker 3: There's two measures of success in sports. How good of

1570
01:27:44,520 --> 01:27:45,320
Speaker 3: a season did you have.

1571
01:27:45,320 --> 01:27:47,320
Speaker 2: And did you win a championship? Only one team can

1572
01:27:47,320 --> 01:27:49,280
Speaker 2: win a championship. But if he didn't want a championship,

1573
01:27:49,400 --> 01:27:51,599
Speaker 2: you want to have a very very good season. And

1574
01:27:51,640 --> 01:27:54,360
Speaker 2: anyone who wanted to take, for example, the Chicago White Sox,

1575
01:27:54,400 --> 01:27:55,479
Speaker 2: their fans are miserable.

1576
01:27:55,479 --> 01:27:56,439
Speaker 3: They've been terrible for years.

1577
01:27:56,520 --> 01:27:59,040
Speaker 2: Nobody goes to the games teams that have been consistently

1578
01:27:59,080 --> 01:28:00,840
Speaker 2: good but don't want a cheap But if the fans

1579
01:28:00,840 --> 01:28:02,200
Speaker 2: go to the games and see all of this and

1580
01:28:02,240 --> 01:28:05,040
Speaker 2: you're in it. But obviously for people are going to say, well,

1581
01:28:05,040 --> 01:28:07,760
Speaker 2: what good is it? You didn't win a championship. Look

1582
01:28:07,800 --> 01:28:09,600
Speaker 2: at all of these coaches that are getting fired all

1583
01:28:09,640 --> 01:28:10,759
Speaker 2: across college football.

1584
01:28:10,800 --> 01:28:11,559
Speaker 3: There's only going.

1585
01:28:11,479 --> 01:28:13,400
Speaker 2: To be one champion, and we've got to fire every

1586
01:28:13,400 --> 01:28:15,960
Speaker 2: coach except the team that won the national championship. I

1587
01:28:15,960 --> 01:28:18,320
Speaker 2: wouldn't think so. I think though Pat Murphy has done

1588
01:28:18,320 --> 01:28:25,080
Speaker 2: an outstanding job in the honor is well deserved. The

1589
01:28:25,080 --> 01:28:28,160
Speaker 2: other thing curious about this is there have been almost

1590
01:28:28,200 --> 01:28:31,360
Speaker 2: no repeat winners of Manager of the Year in baseball history,

1591
01:28:31,560 --> 01:28:33,519
Speaker 2: and the reason for that is it's usually a team

1592
01:28:33,560 --> 01:28:35,360
Speaker 2: that improves. So if the manager wins it one year,

1593
01:28:35,400 --> 01:28:38,040
Speaker 2: it's because they improved that year before. So how you

1594
01:28:38,120 --> 01:28:41,360
Speaker 2: win it again because you had a good year last year. However,

1595
01:28:41,439 --> 01:28:44,240
Speaker 2: everyone thought the Brewers would fall off this year because

1596
01:28:45,600 --> 01:28:49,120
Speaker 2: you know, they let go of Devin Williams, made a

1597
01:28:49,120 --> 01:28:51,160
Speaker 2: couple of other moves, and there was thought to be

1598
01:28:51,160 --> 01:28:53,879
Speaker 2: a step back, et cetera, et cetera, And the Breweries

1599
01:28:53,960 --> 01:28:55,639
Speaker 2: didn't step back, so he won or two years ago.

1600
01:28:55,720 --> 01:28:58,640
Speaker 2: The thing that's interesting, though, it's quite the coincidence the

1601
01:28:58,680 --> 01:29:01,080
Speaker 2: American League Manager of the Year also wanted for the

1602
01:29:01,080 --> 01:29:04,000
Speaker 2: second year in a row. The same two managers that

1603
01:29:04,080 --> 01:29:07,920
Speaker 2: won last year won this year. Stephen Vote, who actually

1604
01:29:08,000 --> 01:29:09,679
Speaker 2: was a Brewer at the tail end of his career.

1605
01:29:09,720 --> 01:29:12,080
Speaker 2: He was backup catcher. Then he got hurt and he

1606
01:29:12,120 --> 01:29:14,160
Speaker 2: spent the entire year on the injured list, and his

1607
01:29:14,200 --> 01:29:15,800
Speaker 2: teammates just loved him. But he was one of the

1608
01:29:15,880 --> 01:29:18,599
Speaker 2: you know, often catchers become good managers because they're thinking

1609
01:29:18,600 --> 01:29:22,200
Speaker 2: about all of that stuff. And it's both central divisions.

1610
01:29:22,240 --> 01:29:25,200
Speaker 2: The manager of the Cleveland Guardian, Stephen Vote one Manager

1611
01:29:25,200 --> 01:29:26,559
Speaker 2: of the Year two years in a row, and Pat

1612
01:29:26,600 --> 01:29:28,519
Speaker 2: Murphy won a two years in a row. And I

1613
01:29:28,600 --> 01:29:31,840
Speaker 2: think that that's the second and third time it's been done,

1614
01:29:32,080 --> 01:29:33,720
Speaker 2: this time both in the same year. I might be

1615
01:29:33,760 --> 01:29:36,599
Speaker 2: wrong in those numbers, but congratulations to Pat Murphy, who

1616
01:29:37,520 --> 01:29:41,320
Speaker 2: I think pretty much everybody Milwaukee loves, right. Yeah, I

1617
01:29:41,320 --> 01:29:44,800
Speaker 2: mean he just yeah, I just the he's got one

1618
01:29:44,800 --> 01:29:48,200
Speaker 2: of those like gooffall Milwaukee type personalities, you know.

1619
01:29:48,720 --> 01:29:51,760
Speaker 3: The pancake the pete of pancake or whatever the hell

1620
01:29:51,840 --> 01:29:53,439
Speaker 3: the thing is that he eats and so one and

1621
01:29:54,960 --> 01:29:56,439
Speaker 3: you know, and that people liked it. He has his

1622
01:29:56,560 --> 01:29:57,320
Speaker 3: kids sitting there.

1623
01:29:57,520 --> 01:30:00,840
Speaker 2: But I found something out. I did not know this.

1624
01:30:01,120 --> 01:30:02,960
Speaker 2: Do you know that there's a huge number of people

1625
01:30:02,960 --> 01:30:07,280
Speaker 2: who think those are his grandkids. I just never knew

1626
01:30:07,320 --> 01:30:10,080
Speaker 2: that because, for one thing, he often says, these are

1627
01:30:10,120 --> 01:30:13,760
Speaker 2: my kids. But no, he had a second marriage, and

1628
01:30:14,040 --> 01:30:16,240
Speaker 2: you know he's got pats I think sixty for he's

1629
01:30:16,240 --> 01:30:18,439
Speaker 2: got kids that are a little bit younger than that.

1630
01:30:18,520 --> 01:30:20,160
Speaker 2: But I mean he has them sitting there, but they're

1631
01:30:20,200 --> 01:30:22,439
Speaker 2: not like Braddy's stupid kids. So they just sit there

1632
01:30:22,439 --> 01:30:25,439
Speaker 2: in the kind of yawn and otherwise behave themselves. It's

1633
01:30:25,479 --> 01:30:27,679
Speaker 2: like if you were if your father was a manager

1634
01:30:27,680 --> 01:30:29,519
Speaker 2: of a baseball team and they tried you out of ten,

1635
01:30:29,600 --> 01:30:33,200
Speaker 2: you would have been an idiot, right. I would have

1636
01:30:33,200 --> 01:30:36,599
Speaker 2: been perfectly well behaved, just as I am when.

1637
01:30:36,400 --> 01:30:46,040
Speaker 3: I do the podcast. That's it in here. I don't

1638
01:30:46,040 --> 01:30:48,439
Speaker 3: know what's happened to me. I just football right now,

1639
01:30:48,520 --> 01:30:52,240
Speaker 3: to me is not understandable. The NFL has gotten to

1640
01:30:52,240 --> 01:30:54,040
Speaker 3: be not understandable to me.

1641
01:30:54,920 --> 01:30:57,559
Speaker 2: Every one of the late games on Sunday, the winning

1642
01:30:57,560 --> 01:30:58,839
Speaker 2: team had more than forty points.

1643
01:30:59,120 --> 01:31:00,920
Speaker 3: Monday night, the Packers and the Eagles have go to

1644
01:31:00,920 --> 01:31:02,599
Speaker 3: offenses playing neither team can score it all.

1645
01:31:02,720 --> 01:31:05,439
Speaker 2: I just beyond we are going to try to figure

1646
01:31:05,439 --> 01:31:08,120
Speaker 2: things out with our football segment on the next podcast.

1647
01:31:10,200 --> 01:31:14,200
Speaker 1: The Mark Belling Podcast is a production of iHeartRadio podcasts.

1648
01:31:14,400 --> 01:31:18,120
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1649
01:31:18,200 --> 01:31:22,120
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1650
01:31:22,280 --> 01:31:25,879
Speaker 1: You Line has everything in stock. Visit you line dot com.

1651
01:31:26,200 --> 01:31:29,680
Speaker 1: Listen to all of Mark's podcasts, always available on the

1652
01:31:29,720 --> 01:31:33,639
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1653
01:31:33,720 --> 01:31:34,840
Speaker 1: favorite podcasts.