1 00:00:00,120 --> 00:00:03,119 Speaker 1: Hey, Michael and Dragon, you guys are still talking about 2 00:00:03,279 --> 00:00:03,920 Speaker 1: who do you who? 3 00:00:04,640 --> 00:00:05,640 Speaker 2: Hello, guys. 4 00:00:06,040 --> 00:00:09,920 Speaker 1: Came from The Andy Griffin Show, Season four, episode one. 5 00:00:10,039 --> 00:00:15,239 Speaker 1: I looked it up when Gomer Pyle and Barney five 6 00:00:15,400 --> 00:00:18,439 Speaker 1: go into the woods looking for a convicted that one 7 00:00:18,480 --> 00:00:23,640 Speaker 1: guy and Gomer, hey, dude out noises. 8 00:00:24,000 --> 00:00:26,360 Speaker 3: Who do you? 9 00:00:26,440 --> 00:00:26,760 Speaker 4: All? Right? 10 00:00:28,400 --> 00:00:33,440 Speaker 3: We're not still talking about hoo doi who? You're still 11 00:00:33,560 --> 00:00:34,720 Speaker 3: talking about who? 12 00:00:35,360 --> 00:00:35,640 Speaker 2: This is? 13 00:00:35,680 --> 00:00:38,000 Speaker 3: What Thursday or Friday last week? 14 00:00:38,159 --> 00:00:39,360 Speaker 2: I don't I don't you know. 15 00:00:39,440 --> 00:00:41,279 Speaker 5: Of course I don't remember, you know, I walk out 16 00:00:41,280 --> 00:00:43,560 Speaker 5: the door today and I don't remember because I moved 17 00:00:43,560 --> 00:00:47,120 Speaker 5: on to the next day. But I'm more Yes, that 18 00:00:47,320 --> 00:00:53,640 Speaker 5: is fascinating. But even more fascinating is that they researched it, right. 19 00:00:53,720 --> 00:00:55,480 Speaker 3: I thought he knew it off the top of his head, 20 00:00:55,520 --> 00:00:56,920 Speaker 3: and he's like, no, I had to look it up. 21 00:00:57,720 --> 00:00:58,040 Speaker 4: It up. 22 00:00:58,480 --> 00:01:01,280 Speaker 5: So somehow you go, you know, you you google or 23 00:01:01,400 --> 00:01:04,640 Speaker 5: duck duck go or whatever you know, origins of hoodie who, 24 00:01:05,200 --> 00:01:07,160 Speaker 5: And then you start looking he or so you go 25 00:01:07,240 --> 00:01:10,880 Speaker 5: to maybe you've got some you know, etymology website that 26 00:01:10,959 --> 00:01:13,560 Speaker 5: you can, you know, look up idioms and phrases and 27 00:01:13,600 --> 00:01:16,199 Speaker 5: words and find out what the origin is and Woody 28 00:01:16,240 --> 00:01:19,800 Speaker 5: who goes back to Andy Griffith m And by the way, 29 00:01:19,800 --> 00:01:22,000 Speaker 5: it was cab Callaway. Somebody mentioned on the text line 30 00:01:22,080 --> 00:01:25,959 Speaker 5: yesterday there's a cab callaway that did Heidi ho on 31 00:01:26,120 --> 00:01:27,399 Speaker 5: the Blues Brothers. 32 00:01:27,160 --> 00:01:30,039 Speaker 3: And I did bump with that yesterday as well. 33 00:01:30,080 --> 00:01:32,240 Speaker 5: Oh did you cause I don't listen to your bufma's 34 00:01:32,280 --> 00:01:34,680 Speaker 5: usually it's stillly irrelevant. But you know, at least you 35 00:01:34,720 --> 00:01:37,200 Speaker 5: made an effort, so very good. And did you get 36 00:01:37,200 --> 00:01:37,880 Speaker 5: the postcards? 37 00:01:38,120 --> 00:01:40,760 Speaker 3: Yes? I saw them out on the distribution table, so 38 00:01:40,760 --> 00:01:42,160 Speaker 3: I want to make sure they made it to your day. 39 00:01:42,319 --> 00:01:44,720 Speaker 5: Would you found them out on the pile of crap? 40 00:01:44,840 --> 00:01:45,679 Speaker 5: Or they just dumb it? 41 00:01:45,880 --> 00:01:46,240 Speaker 4: Yeah? 42 00:01:46,319 --> 00:01:49,559 Speaker 2: Okay, all right, because it wasn't divided up, was it? Okay? 43 00:01:49,560 --> 00:01:49,920 Speaker 4: All right? 44 00:01:50,240 --> 00:01:51,120 Speaker 2: That would worry me. 45 00:01:52,160 --> 00:01:54,720 Speaker 5: Uh, let's see, we'll do these, well, we'll do these 46 00:01:54,760 --> 00:01:57,680 Speaker 5: in chronological order. The obviously I'm the same guy. But 47 00:01:57,800 --> 00:02:00,760 Speaker 5: this one is fascinating. It's a I'm not quite sure 48 00:02:00,760 --> 00:02:04,320 Speaker 5: because the post office is printed over it, but something 49 00:02:04,440 --> 00:02:11,160 Speaker 5: McMillan's Wharf and something maybe the Boston bell from the 50 00:02:11,240 --> 00:02:19,280 Speaker 5: Chrysler Art Museum. And it's a rectangular longer much longer. 51 00:02:19,960 --> 00:02:20,520 Speaker 3: What you mean? 52 00:02:20,560 --> 00:02:24,360 Speaker 5: I must have old postcards from a drawer, actually a 53 00:02:24,400 --> 00:02:27,720 Speaker 5: few boxes from my mom's stuff. I still have notice 54 00:02:27,720 --> 00:02:30,240 Speaker 5: this recall because I didn't. I did not notice until 55 00:02:30,280 --> 00:02:33,840 Speaker 5: you mentioned this. But I couldn't forget why he put 56 00:02:33,880 --> 00:02:37,880 Speaker 5: the stamp next to the place where it says play 57 00:02:38,000 --> 00:02:43,120 Speaker 5: stamp here, because I thought that so goober like to 58 00:02:43,200 --> 00:02:45,160 Speaker 5: do it, you know, out But he had a reason 59 00:02:45,240 --> 00:02:48,639 Speaker 5: for it, and that was because and did you notice 60 00:02:48,639 --> 00:02:53,720 Speaker 5: this recall? This card requires four cents. Now, somebody out 61 00:02:53,760 --> 00:02:57,240 Speaker 5: there in Gooberland go look up the last time a 62 00:02:57,280 --> 00:03:01,360 Speaker 5: postcard was four cents. I want to know kind of 63 00:03:01,560 --> 00:03:04,840 Speaker 5: generally what era this card came from. And yes, it 64 00:03:04,840 --> 00:03:07,359 Speaker 5: does require a lot of effort to appine to such 65 00:03:07,919 --> 00:03:12,800 Speaker 5: you know. And yes it does require a lot of 66 00:03:12,840 --> 00:03:16,400 Speaker 5: effort to appine to such greatness such as you. Well, 67 00:03:16,440 --> 00:03:19,480 Speaker 5: thank you so what I'm saying so that you can 68 00:03:19,480 --> 00:03:22,919 Speaker 5: comprehend it. I will be likely sending a few more, 69 00:03:23,160 --> 00:03:25,960 Speaker 5: especially after I moved to Council Bluffs this summer. 70 00:03:26,360 --> 00:03:26,560 Speaker 4: YEP. 71 00:03:26,639 --> 00:03:28,720 Speaker 2: Finally had enough of the overreach here. 72 00:03:28,840 --> 00:03:32,320 Speaker 5: I assume Colorado moral not to come dB Google number 73 00:03:32,360 --> 00:03:36,840 Speaker 5: six four five seven down here in barely readable and 74 00:03:36,880 --> 00:03:42,640 Speaker 5: barely legible, you know, kind of old fart handwriting like 75 00:03:42,720 --> 00:03:47,480 Speaker 5: mine is now it says, great job, Dragon, Well you're. 76 00:03:47,360 --> 00:03:50,400 Speaker 3: Welcome, and if anybody is curious. According to Google Machine 77 00:03:50,440 --> 00:03:53,720 Speaker 3: the AI over overview, the last time a standard US 78 00:03:53,760 --> 00:03:57,760 Speaker 3: first clap postage stamp was four cents was August first, 79 00:03:57,880 --> 00:04:01,640 Speaker 3: nineteen fifty eight to January sixth, nineteen sixty three. 80 00:04:02,040 --> 00:04:02,440 Speaker 4: Wow. 81 00:04:03,440 --> 00:04:07,760 Speaker 5: And then we have a postcard from the same Groober 82 00:04:08,280 --> 00:04:11,560 Speaker 5: sixty five four seven from Niagara Falls, made of the 83 00:04:11,640 --> 00:04:17,279 Speaker 5: mist slowly I turned, step by step, inch by inch. 84 00:04:18,760 --> 00:04:25,600 Speaker 5: I I sure miss the fourth hour of knowledge and 85 00:04:25,839 --> 00:04:30,520 Speaker 5: banter of all of old every day Dragon loves not 86 00:04:30,560 --> 00:04:34,359 Speaker 5: having to do an extra pod thing though eh must. 87 00:04:34,200 --> 00:04:35,000 Speaker 2: Be a little Canadian. 88 00:04:35,080 --> 00:04:40,480 Speaker 5: Eh, You guys are the best action duo on the dial. 89 00:04:42,120 --> 00:04:44,720 Speaker 3: If we're the best, there might not be much out there. 90 00:04:45,520 --> 00:04:48,640 Speaker 2: He's a he's an almost radio free zone. 91 00:04:49,680 --> 00:04:52,640 Speaker 5: But next time, anybody, you know, next time, tever somebody 92 00:04:52,680 --> 00:04:54,720 Speaker 5: says we need to really try a little harder. Wait 93 00:04:54,720 --> 00:04:57,080 Speaker 5: a minute, right here, we have the evidence, Yeah, proof, 94 00:04:57,160 --> 00:04:59,640 Speaker 5: we have exhibit a right here that we are the 95 00:04:59,680 --> 00:05:06,840 Speaker 5: best on the dial. Yesterday, I'm perusing theil X formerly Twitter, 96 00:05:07,640 --> 00:05:11,680 Speaker 5: and I come across a chart that Stephen Moore President 97 00:05:11,720 --> 00:05:16,520 Speaker 5: Trump's former head of Council of Economic Advisors had posted 98 00:05:16,760 --> 00:05:21,560 Speaker 5: It's a chart from the US Bureau of Economic Analysis, 99 00:05:21,600 --> 00:05:23,520 Speaker 5: and he writes, and I'll tell you what. 100 00:05:23,680 --> 00:05:24,200 Speaker 2: Chart says. 101 00:05:24,800 --> 00:05:28,520 Speaker 5: Nine of the ten most expensive states to live in 102 00:05:29,320 --> 00:05:33,480 Speaker 5: are solid blue. Nine of the most affordable states are 103 00:05:33,560 --> 00:05:37,359 Speaker 5: solid red. The blue of the state, the higher the 104 00:05:37,400 --> 00:05:40,560 Speaker 5: cost of living. So I blew the chart up so 105 00:05:40,600 --> 00:05:42,400 Speaker 5: I could read it because it was in like, you know, 106 00:05:42,480 --> 00:05:46,320 Speaker 5: old fart font California. Now the baseline is one hundred, 107 00:05:47,560 --> 00:05:50,839 Speaker 5: so that's our baseline. California comes in at one hundred 108 00:05:50,839 --> 00:05:53,520 Speaker 5: and ten point seven, Hawai at one hundred and ten, 109 00:05:54,040 --> 00:05:56,120 Speaker 5: DC at one O nine, New Jersey at one O 110 00:05:56,240 --> 00:05:59,520 Speaker 5: eight point eight, New York at let me get. 111 00:05:59,400 --> 00:06:01,400 Speaker 2: My little piece of paper here, slang read it. 112 00:06:02,200 --> 00:06:04,440 Speaker 5: Uh. New York comes in at one O seven point nine, 113 00:06:05,920 --> 00:06:10,240 Speaker 5: Washington State at one O seven, Massachusetts, Taxachusetts at one 114 00:06:10,240 --> 00:06:13,080 Speaker 5: oh five point eight, Maryland at one O five, New 115 00:06:13,080 --> 00:06:15,880 Speaker 5: Hampshire one oh four point two, Connecticut at one O 116 00:06:15,960 --> 00:06:18,120 Speaker 5: three point six, Oregon at one O three point four, 117 00:06:18,520 --> 00:06:21,560 Speaker 5: Florida one O three point four, Colorado at one O 118 00:06:21,680 --> 00:06:25,880 Speaker 5: three point one, followed by Alaskan, Rhode Island, and you 119 00:06:25,960 --> 00:06:28,880 Speaker 5: go down several anyway, we're in the we are, We're 120 00:06:28,920 --> 00:06:33,359 Speaker 5: not the top ten, we're number thirteen. And in response 121 00:06:33,400 --> 00:06:38,640 Speaker 5: to that, I had a couple of people respond that, 122 00:06:40,720 --> 00:06:44,680 Speaker 5: clearly I'm an idiot, which you know in some cases 123 00:06:44,680 --> 00:06:50,040 Speaker 5: I think I am. But the first idiot that responded 124 00:06:50,080 --> 00:06:53,719 Speaker 5: on X said, but you do realize that the most 125 00:06:53,760 --> 00:06:59,159 Speaker 5: affordable states are the poorest states. But you knew that, right, 126 00:07:00,680 --> 00:07:02,839 Speaker 5: and then let's support let me see the second thing 127 00:07:02,960 --> 00:07:08,000 Speaker 5: that came up. The most desirable locations command higher prices. 128 00:07:08,520 --> 00:07:11,840 Speaker 5: That's just the market. Would you rather live somewhere cheap 129 00:07:11,920 --> 00:07:19,000 Speaker 5: and terrible? These are both pretty common deflections, and honestly, 130 00:07:19,360 --> 00:07:21,880 Speaker 5: I think they're kind of arguments that kind of sound 131 00:07:21,920 --> 00:07:25,840 Speaker 5: clever until you actually stress test them. And here's how 132 00:07:25,840 --> 00:07:27,200 Speaker 5: we're going to take them apart. I want to take 133 00:07:27,200 --> 00:07:32,680 Speaker 5: them apart professionally but methodically. So again, Colorado is number 134 00:07:32,720 --> 00:07:36,600 Speaker 5: thirteen of the most on a baseline of one hundred, 135 00:07:37,160 --> 00:07:39,320 Speaker 5: we come in at one oh three point eight or 136 00:07:39,320 --> 00:07:42,640 Speaker 5: whatever it was. We're in the top thirteen most expensive 137 00:07:42,640 --> 00:07:47,160 Speaker 5: states to live in. So the first argument that is 138 00:07:47,560 --> 00:07:51,480 Speaker 5: countered to my post yesterday is but the most affordable 139 00:07:51,480 --> 00:07:54,160 Speaker 5: states are the poorest states. But you knew that, right. 140 00:07:55,000 --> 00:07:58,600 Speaker 5: That's the classic slide of hand. It conflate, it can 141 00:07:58,720 --> 00:08:03,400 Speaker 5: What this does, it's plating nominal income with actual purchasing power, 142 00:08:03,840 --> 00:08:07,320 Speaker 5: and it collapses the moment you introduce. The Department of 143 00:08:07,360 --> 00:08:13,120 Speaker 5: Commerce has a study called the Supplemental Poverty Measure, which 144 00:08:13,160 --> 00:08:17,480 Speaker 5: is precisely what tools economists use when they want an 145 00:08:17,520 --> 00:08:21,080 Speaker 5: honest picture of economic well being. Why do they use 146 00:08:21,120 --> 00:08:24,840 Speaker 5: the supplemental poverty measure because it adjusts for cost of 147 00:08:24,920 --> 00:08:29,200 Speaker 5: living taxes, housing costs, and the non cash benefits. And 148 00:08:29,240 --> 00:08:33,200 Speaker 5: here's the killer. So California came in at the top 149 00:08:33,240 --> 00:08:36,360 Speaker 5: of the chart. At again, where were they on the chart? 150 00:08:36,440 --> 00:08:39,000 Speaker 5: Let me pull the chart up baseline of one hundred. 151 00:08:39,000 --> 00:08:41,120 Speaker 5: They came in at one hundred and ten point seven, 152 00:08:43,200 --> 00:08:49,559 Speaker 5: most expensive state in the country. And their argument is, 153 00:08:49,760 --> 00:08:53,200 Speaker 5: but the most affordable states are the poorest states. Wait 154 00:08:53,200 --> 00:08:56,800 Speaker 5: a minute, here is the killer. California had one of 155 00:08:56,800 --> 00:09:01,240 Speaker 5: the highest supplemental poverty measure poverty rates in the nation. 156 00:09:02,040 --> 00:09:05,839 Speaker 5: It came in at fifteen point four percent. So the 157 00:09:06,720 --> 00:09:11,000 Speaker 5: largest economy in the country, the state of California is 158 00:09:11,040 --> 00:09:16,200 Speaker 5: the most expensive, and it has the highest supplemental poverty rate. 159 00:09:16,679 --> 00:09:21,200 Speaker 5: In the nation at fifteen point four percent. Maine had 160 00:09:21,240 --> 00:09:24,840 Speaker 5: one of the lowest, five point nine percent. Now I 161 00:09:24,840 --> 00:09:27,600 Speaker 5: don't look at Maine and think, oh, there's an economic powerhouse, 162 00:09:28,080 --> 00:09:33,960 Speaker 5: but here's something more damning. Census figures put California supplement 163 00:09:33,960 --> 00:09:39,200 Speaker 5: of poverty measure at seventeen point seven percent in the 164 00:09:39,280 --> 00:09:43,360 Speaker 5: year twenty twenty four when that chart was published, meaning 165 00:09:43,360 --> 00:09:47,400 Speaker 5: that roughly seven million Californians. That would be the equivalent 166 00:09:47,440 --> 00:09:52,400 Speaker 5: of the combined populations of Los Angeles, San Diego. 167 00:09:52,080 --> 00:09:54,040 Speaker 2: San Jose, and San Francisco. 168 00:09:55,080 --> 00:09:58,040 Speaker 5: That over seven almost eighteen percent of the people in 169 00:09:58,080 --> 00:10:01,400 Speaker 5: those places lacked the re sources to meet basic needs. 170 00:10:01,960 --> 00:10:06,960 Speaker 5: California the most expensive state, ostensibly according to this yaw 171 00:10:06,960 --> 00:10:10,280 Speaker 5: who the most desirable state the model of my critic 172 00:10:10,320 --> 00:10:14,199 Speaker 5: apparently thinks that we should aspire to. Now, seven states 173 00:10:14,240 --> 00:10:19,200 Speaker 5: had a higher supplemental poverty measurement than their official poverty 174 00:10:19,280 --> 00:10:24,000 Speaker 5: rate California, Colorado, Florida, Maryland, Massachusetts, Jersey, New York. In 175 00:10:24,080 --> 00:10:29,600 Speaker 5: other words, the ex ostensibly desirable states are the ones 176 00:10:29,640 --> 00:10:34,400 Speaker 5: where the living costs are actively creating poverty by devouring income. 177 00:10:35,720 --> 00:10:38,440 Speaker 5: And then the states that my critics on acts like 178 00:10:38,480 --> 00:10:43,840 Speaker 5: to mock Mississippi, Oklahoma, Tennessee, Missouri. They actually have official 179 00:10:43,880 --> 00:10:49,600 Speaker 5: poverty rates that exceed their supplemental poverty measures, which means 180 00:10:50,679 --> 00:10:55,960 Speaker 5: their lower cost of living are genuinely helping their residents. 181 00:10:56,679 --> 00:10:58,600 Speaker 2: So the argument is exactly backwards. 182 00:10:59,200 --> 00:11:03,240 Speaker 5: The poor afford states are often less poor in real 183 00:11:03,360 --> 00:11:07,360 Speaker 5: terms than the expensive states. The real poverty crisis in 184 00:11:07,400 --> 00:11:13,600 Speaker 5: America is concentrated in the states that my critics are defending. Now, 185 00:11:13,720 --> 00:11:17,520 Speaker 5: let's hammer them on wages in Colorado. In twenty twenty three, 186 00:11:17,559 --> 00:11:20,640 Speaker 5: Colorado's earning the medium wage of twenty five dollars in 187 00:11:20,679 --> 00:11:24,119 Speaker 5: twenty two cents an hour saw a real wage decrease 188 00:11:24,160 --> 00:11:27,800 Speaker 5: of one point three percent over the previous year. Workers 189 00:11:27,840 --> 00:11:31,240 Speaker 5: in Colorado earning the average wage of thirty five dollars 190 00:11:31,240 --> 00:11:33,760 Speaker 5: and twenty one cents saw a real decrease of one 191 00:11:33,800 --> 00:11:39,000 Speaker 5: point one four percent. More wages, higher costs. Then you 192 00:11:39,040 --> 00:11:44,640 Speaker 5: get the net result. You're falling behind in this state. Now, Nationally, 193 00:11:45,240 --> 00:11:49,520 Speaker 5: nominal wages rose eighteen percent between twenty twenty and twenty 194 00:11:49,559 --> 00:11:52,760 Speaker 5: twenty four, of the day of this chart. The problem 195 00:11:52,800 --> 00:11:55,640 Speaker 5: is in those years, the real purchasing power fell by 196 00:11:55,679 --> 00:11:59,240 Speaker 5: two point six percent, and only nine states saw genuine 197 00:11:59,360 --> 00:12:02,760 Speaker 5: real gains than buying power after you adjusted for both 198 00:12:02,760 --> 00:12:08,120 Speaker 5: inflation and local costs. So yeah, you knew that, and 199 00:12:08,240 --> 00:12:12,880 Speaker 5: you also know that more money and better off aren't 200 00:12:12,880 --> 00:12:18,880 Speaker 5: the same thing. I just I'm amazed at how those 201 00:12:18,960 --> 00:12:24,160 Speaker 5: on the left are so freaking economically illiterate. 202 00:12:24,960 --> 00:12:26,120 Speaker 2: But they are, and. 203 00:12:26,080 --> 00:12:28,920 Speaker 5: They post stupid things like that on X and then 204 00:12:29,000 --> 00:12:32,160 Speaker 5: you know, my followers read it and go, oh, well, 205 00:12:32,520 --> 00:12:37,080 Speaker 5: oh gee, you must be brown, must have taken consideration. 206 00:12:37,360 --> 00:12:40,840 Speaker 5: Oh I did take it into consideration. Now let's go 207 00:12:40,880 --> 00:12:47,120 Speaker 5: to the other Yahoo that says more desirable locations command 208 00:12:47,200 --> 00:12:51,800 Speaker 5: higher prices. That's just the market. So asking me, would 209 00:12:51,840 --> 00:12:53,800 Speaker 5: you rather live somewhere cheap and terrible? 210 00:12:54,360 --> 00:12:54,920 Speaker 2: That is? 211 00:12:56,360 --> 00:13:02,200 Speaker 5: That is amazing circular reasoning, somehow dressed up as just economics. 212 00:13:02,720 --> 00:13:07,920 Speaker 5: It is essentially arguing this, it's expensive because it's desirable, 213 00:13:08,200 --> 00:13:10,600 Speaker 5: and it's desirable because it's expensive. 214 00:13:11,720 --> 00:13:13,240 Speaker 2: It's the equipment, it's. 215 00:13:13,080 --> 00:13:17,079 Speaker 5: The real estate equivalent of the stock is worth what 216 00:13:17,320 --> 00:13:20,400 Speaker 5: people pay for it. True in a true in a 217 00:13:20,480 --> 00:13:24,040 Speaker 5: totological sense, but it doesn't explain anything about whether the 218 00:13:24,080 --> 00:13:27,880 Speaker 5: price is an appropriate price, a sustainable price, or even 219 00:13:27,920 --> 00:13:31,120 Speaker 5: beneficials people that are already living there there are three 220 00:13:31,200 --> 00:13:35,360 Speaker 5: problems with this argument that a desirable location, and let's 221 00:13:35,400 --> 00:13:39,520 Speaker 5: face it, Colorado is a desirable location, it commands higher 222 00:13:39,559 --> 00:13:43,320 Speaker 5: prices and that's just the market. Three problems. And this 223 00:13:43,480 --> 00:13:47,480 Speaker 5: is where, really, unless you understand how bad things are 224 00:13:47,480 --> 00:13:50,080 Speaker 5: in Colorado, you think, oh, it's a desirable place to 225 00:13:50,080 --> 00:13:53,040 Speaker 5: live and that's why it's so expensive. No, that's not 226 00:13:53,080 --> 00:13:56,400 Speaker 5: true at all. Let's break it down into at least 227 00:13:56,600 --> 00:14:02,480 Speaker 5: three different topics. First, that argument that well, it's desirable, 228 00:14:02,559 --> 00:14:09,120 Speaker 5: so it's expensive ignores the regulatory capture our high cost 229 00:14:09,160 --> 00:14:13,240 Speaker 5: of living. It's not simply some invisible hand rewarding the 230 00:14:13,280 --> 00:14:16,360 Speaker 5: fact that we have a beautiful state. Colorado is the 231 00:14:16,600 --> 00:14:21,560 Speaker 5: sixth sixth one two three four five six most regulated 232 00:14:21,640 --> 00:14:25,560 Speaker 5: state in the entire country. The Colorado Chamber of Commerce 233 00:14:25,920 --> 00:14:28,720 Speaker 5: found that about forty five percent of Colorado's nearly two 234 00:14:28,800 --> 00:14:35,600 Speaker 5: hundred thousand regulations two hundred thousand regulations are excessive or duplicative, 235 00:14:36,320 --> 00:14:42,560 Speaker 5: meaning they're over the top or they're duplicates of other regulations. 236 00:14:43,360 --> 00:14:44,560 Speaker 2: And business leaders. 237 00:14:44,320 --> 00:14:49,440 Speaker 5: In this state are consistently cite over regulation as they're 238 00:14:49,520 --> 00:14:52,880 Speaker 5: top concern about doing business in this state. And then 239 00:14:52,920 --> 00:14:57,080 Speaker 5: when zoning laws, building restrictions, all the regulatory red tape. 240 00:14:57,160 --> 00:15:01,440 Speaker 5: When all those artificially constrained housing suppor lie, that's when 241 00:15:01,480 --> 00:15:05,360 Speaker 5: prices increase, not because we have a desirable state, but 242 00:15:05,400 --> 00:15:09,600 Speaker 5: because of government created scarcity. That is not the free market. 243 00:15:10,080 --> 00:15:13,720 Speaker 5: That's the government picking winners and losers, and we, as 244 00:15:13,800 --> 00:15:18,520 Speaker 5: current residents, we're the losers. Every time I see Jared 245 00:15:18,520 --> 00:15:21,320 Speaker 5: Polos talk about whatever Trump's doing is causing an increase 246 00:15:21,320 --> 00:15:23,400 Speaker 5: in prices and stuff, I want to ring his neck 247 00:15:24,280 --> 00:15:26,560 Speaker 5: because he's just lying to people, and because people are 248 00:15:26,600 --> 00:15:29,880 Speaker 5: so ignorant about economicia. 249 00:15:30,520 --> 00:15:31,560 Speaker 2: Listen to the second point. 250 00:15:32,640 --> 00:15:36,000 Speaker 5: Desirability doesn't help residents who can't afford to live there. 251 00:15:37,080 --> 00:15:39,600 Speaker 5: Just because it's desirable doesn't mean that that helps me. 252 00:15:40,120 --> 00:15:42,320 Speaker 5: The average home price in the Denver metro area stood 253 00:15:42,320 --> 00:15:44,760 Speaker 5: at nearly seven hundred thousand dollars in twenty twenty four. 254 00:15:45,200 --> 00:15:49,280 Speaker 5: That's the same year as that chart, and while Colorado's 255 00:15:49,320 --> 00:15:52,480 Speaker 5: medium household income exceeded ninety seven thousand dollars, which is 256 00:15:52,480 --> 00:15:56,480 Speaker 5: almost twenty percent above the national average, Beneath that headline number, 257 00:15:56,720 --> 00:15:59,280 Speaker 5: Colorado's cost of living metrics show that Denver is one 258 00:15:59,320 --> 00:16:04,120 Speaker 5: of the most expensive places to live compared to cities 259 00:16:04,280 --> 00:16:08,760 Speaker 5: a comparable population, and so as costs have risen, population 260 00:16:08,880 --> 00:16:11,640 Speaker 5: growth has slowed. We know that when people start leaving, 261 00:16:11,680 --> 00:16:15,760 Speaker 5: and they are, we know that desirability becomes a self 262 00:16:15,880 --> 00:16:20,400 Speaker 5: correcting myth. California lost the congressional ceed after the twenty 263 00:16:20,440 --> 00:16:23,720 Speaker 5: twenty CENTSUS for the first time in its history. New York, 264 00:16:23,920 --> 00:16:28,640 Speaker 5: they've been hemorrhaging residents for years. People vote with their feet, 265 00:16:29,240 --> 00:16:32,240 Speaker 5: just like our postcard here, I'm moving to Council Bluffs 266 00:16:32,280 --> 00:16:35,440 Speaker 5: because I can't take it anymore. And increasingly they're voting 267 00:16:35,480 --> 00:16:39,000 Speaker 5: for affordable. And then third, what he said when this 268 00:16:39,160 --> 00:16:41,960 Speaker 5: yaw who says, wouldn't you rather live somewhere cheap and terrible? 269 00:16:42,480 --> 00:16:46,960 Speaker 5: Frame that framing is a false dichotomy. Tennessee doesn't have 270 00:16:46,960 --> 00:16:50,160 Speaker 5: any state income text and the cost of living roughly 271 00:16:50,200 --> 00:16:52,200 Speaker 5: ten to fifteen percent below. 272 00:16:51,960 --> 00:16:53,680 Speaker 2: The national average. 273 00:16:53,760 --> 00:16:56,800 Speaker 5: Texas has added more fortune five hundred companies than any 274 00:16:56,800 --> 00:17:00,320 Speaker 5: other state. Florida, before its own recent run up, spend 275 00:17:00,440 --> 00:17:04,639 Speaker 5: decades demonstrating you can have really warm weather, beaches and 276 00:17:04,680 --> 00:17:06,640 Speaker 5: an economy that's not going to eat up your paycheck. 277 00:17:07,600 --> 00:17:11,720 Speaker 5: So this premise that affordability only comes bundled with misery 278 00:17:12,560 --> 00:17:17,000 Speaker 5: is the comfortable assumption of someone who has never had 279 00:17:17,040 --> 00:17:20,400 Speaker 5: to choose between a mortgage payment and a grocery bill. 280 00:17:21,760 --> 00:17:25,359 Speaker 5: The question was never whether colorade is worth it. The 281 00:17:25,520 --> 00:17:29,119 Speaker 5: question is simply whether the cost is the result of 282 00:17:29,640 --> 00:17:35,560 Speaker 5: genuine value creation or a combination of regulatory failure, policy mismanagement, 283 00:17:36,080 --> 00:17:41,119 Speaker 5: and government engineered scarcity, and whether ordinary Colorados you and 284 00:17:41,200 --> 00:17:45,080 Speaker 5: me are actually benefiting or just treading water while our 285 00:17:45,080 --> 00:17:49,440 Speaker 5: real purchasing power erodes. So when the Department of Commerce 286 00:17:49,880 --> 00:17:54,119 Speaker 5: own costs adjusted poverty numbers show that the most expensive 287 00:17:54,119 --> 00:17:57,879 Speaker 5: states produce the most real poverty, that stupid or so 288 00:17:58,000 --> 00:18:01,320 Speaker 5: called desirability premium that y'all who wants to use as 289 00:18:01,359 --> 00:18:06,200 Speaker 5: an argument against me, stops being economics and it becomes 290 00:18:06,400 --> 00:18:12,359 Speaker 5: pure unadulterated rationalization. The charts I put X at Michael D. 291 00:18:12,480 --> 00:18:14,359 Speaker 5: Brown go check it out. In fact, if you haven't 292 00:18:14,359 --> 00:18:17,440 Speaker 5: followed me, an actually need to do that. Brown, hay tight, 293 00:18:17,560 --> 00:18:18,280 Speaker 5: We'll be right. 294 00:18:18,119 --> 00:18:20,760 Speaker 4: Back morning ding dong. 295 00:18:21,280 --> 00:18:24,920 Speaker 1: Hey, boys, I hate to burst your bubble, but radios 296 00:18:24,920 --> 00:18:26,840 Speaker 1: have been electronic for a long time. 297 00:18:27,920 --> 00:18:29,040 Speaker 2: There is no dial. 298 00:18:30,320 --> 00:18:31,600 Speaker 1: I think you can scammed. 299 00:18:33,400 --> 00:18:36,560 Speaker 4: Have a good day, boys. 300 00:18:38,880 --> 00:18:43,960 Speaker 5: He has to laugh about it. So if we're not 301 00:18:44,000 --> 00:18:45,840 Speaker 5: gonna call it the radio dial. What do you want 302 00:18:45,840 --> 00:18:46,280 Speaker 5: to call it? 303 00:18:46,720 --> 00:18:48,199 Speaker 3: Well, it's kind of like when you say, roll up 304 00:18:48,240 --> 00:18:51,239 Speaker 3: the window, right, nobody has a roll anyway, nobody has 305 00:18:51,280 --> 00:18:55,600 Speaker 3: the crank anymore. Exactly, Tomato, potato exactly. 306 00:18:57,000 --> 00:18:58,639 Speaker 5: I thought one of the things I could do today, 307 00:18:58,680 --> 00:19:02,240 Speaker 5: which will I'm not trying to be so don't think that, 308 00:19:03,480 --> 00:19:13,399 Speaker 5: but tonight, and they'll all applaud and they'll go crazy 309 00:19:13,400 --> 00:19:14,760 Speaker 5: because it's time for the State of. 310 00:19:14,680 --> 00:19:17,520 Speaker 2: The Union address, you know in Spanish. 311 00:19:17,560 --> 00:19:18,879 Speaker 5: Just a couple of weeks, we're going to have two 312 00:19:18,960 --> 00:19:21,560 Speaker 5: things that really just drive me up the freaking wall. 313 00:19:22,400 --> 00:19:25,679 Speaker 2: The State of the Union address in daylight saving time. 314 00:19:26,560 --> 00:19:29,040 Speaker 5: I think both of those are probably ninety ten issues 315 00:19:29,400 --> 00:19:32,159 Speaker 5: in which we can all agree. We don't need a 316 00:19:32,240 --> 00:19:34,560 Speaker 5: State of the Union performance. 317 00:19:34,960 --> 00:19:36,399 Speaker 3: Is that like one of those things where it's a 318 00:19:36,480 --> 00:19:38,359 Speaker 3: meeting that can be turned into an email. 319 00:19:38,920 --> 00:19:43,399 Speaker 5: Yes, the Constitution only requires that the President, from time 320 00:19:43,480 --> 00:19:47,639 Speaker 5: to time give a report to the Congress about the 321 00:19:47,680 --> 00:19:48,760 Speaker 5: state of the Union. 322 00:19:49,040 --> 00:19:50,480 Speaker 2: It doesn't say that, you know. 323 00:19:50,720 --> 00:19:53,920 Speaker 5: Every January February, the president needs to, you know, put 324 00:19:53,920 --> 00:19:58,240 Speaker 5: a complete security dome over the entire Washington, DC metropolitan area, 325 00:19:58,240 --> 00:20:01,400 Speaker 5: put an no fly zone up, you know, put restrictive 326 00:20:01,400 --> 00:20:04,919 Speaker 5: flight rules up, and then have everybody have dd and 327 00:20:05,040 --> 00:20:08,080 Speaker 5: DHS and everybody else, have all the metavacts ready, have 328 00:20:08,160 --> 00:20:12,040 Speaker 5: all these undisclosed locations ready, everything to keep continuity of operations, 329 00:20:12,080 --> 00:20:14,399 Speaker 5: continuity government ready to go. I mean, it is an 330 00:20:14,520 --> 00:20:18,000 Speaker 5: absolute fiefy show of what takes place that you'll never 331 00:20:18,040 --> 00:20:22,080 Speaker 5: see that costs millions of dollars. Also, the president can 332 00:20:22,119 --> 00:20:24,360 Speaker 5: go up there, and I don't care whether this Republican 333 00:20:24,400 --> 00:20:24,920 Speaker 5: or Democrat. 334 00:20:24,960 --> 00:20:28,480 Speaker 2: I hate them all. I hate all of them. 335 00:20:28,640 --> 00:20:30,560 Speaker 5: And I think that we would be much better off 336 00:20:30,600 --> 00:20:32,679 Speaker 5: if we just got a PDF. And in fact, you know, 337 00:20:32,720 --> 00:20:34,960 Speaker 5: if the president could just you know, put it up 338 00:20:35,000 --> 00:20:37,679 Speaker 5: on a PDF and we can like the Epstein files 339 00:20:37,800 --> 00:20:40,119 Speaker 5: and we can all just go read it at our leisure, 340 00:20:41,480 --> 00:20:43,199 Speaker 5: we wouldn't have to have all the crap we're going 341 00:20:43,240 --> 00:20:47,560 Speaker 5: to have tonight, none of them whatsoever. That's a ninety 342 00:20:47,560 --> 00:20:50,480 Speaker 5: ten issue. I think the other ninety ten issue is 343 00:20:50,680 --> 00:20:53,120 Speaker 5: I don't care whether it's daylight saving time or it's 344 00:20:53,200 --> 00:20:53,800 Speaker 5: regular time. 345 00:20:54,080 --> 00:20:57,359 Speaker 2: Just decide on one and stick to it. Just stick 346 00:20:57,560 --> 00:20:58,240 Speaker 2: to one of them. 347 00:20:58,280 --> 00:20:59,960 Speaker 3: And on the other hand, that KOA will be brought 348 00:21:00,119 --> 00:21:01,960 Speaker 3: casting live the state of the Union starting at seven 349 00:21:01,960 --> 00:21:10,600 Speaker 3: o'clock tonight, and just just just enjoy it. Just just 350 00:21:10,680 --> 00:21:12,840 Speaker 3: enjoy it. Make sure to rip you on that one. 351 00:21:13,200 --> 00:21:15,600 Speaker 3: You're gonna trash it left and right. And here we are. 352 00:21:16,240 --> 00:21:17,359 Speaker 3: We're gonna broadcast it. 353 00:21:17,680 --> 00:21:19,040 Speaker 2: We're gonna broadcast the tune. 354 00:21:19,600 --> 00:21:22,159 Speaker 5: In fact, I was asked by Ka Minsky on the 355 00:21:22,160 --> 00:21:24,800 Speaker 5: way out, Uh, are you gonna watch it tonight? No, 356 00:21:26,160 --> 00:21:30,320 Speaker 5: I think you'll startled. No, there'll be plenty of highlights tomorrow. 357 00:21:30,520 --> 00:21:32,720 Speaker 5: There'll be plenty of highlights. You know, by by the time. 358 00:21:32,520 --> 00:21:33,600 Speaker 2: It's over with me. 359 00:21:33,760 --> 00:21:35,880 Speaker 3: Maybe if you still have the morning show, you may 360 00:21:36,000 --> 00:21:39,040 Speaker 3: stay up and watch it, because now you have time 361 00:21:39,280 --> 00:21:40,919 Speaker 3: to wake up in the morning and just watch the 362 00:21:40,960 --> 00:21:42,760 Speaker 3: YouTube feet and the clips and everything. 363 00:21:43,000 --> 00:21:46,960 Speaker 5: But right said that, because then he goes, Oh, what 364 00:21:47,040 --> 00:21:48,520 Speaker 5: I might do is I guess I could watch it 365 00:21:48,520 --> 00:21:50,919 Speaker 5: on YouTube at one point five or two times, you know, 366 00:21:50,960 --> 00:21:53,240 Speaker 5: two x speed and get the same thing, or just 367 00:21:53,280 --> 00:21:55,760 Speaker 5: fast forward through all of the You know, I love 368 00:21:55,800 --> 00:21:57,600 Speaker 5: them that they're like the jack in the boxes. You 369 00:21:57,600 --> 00:21:59,679 Speaker 5: only jump up in a pod one group jumps up, 370 00:21:59,680 --> 00:22:02,360 Speaker 5: and never group jumps up. And it's just insane. It's 371 00:22:02,440 --> 00:22:03,360 Speaker 5: utter insanity. 372 00:22:03,520 --> 00:22:05,160 Speaker 3: He's already stated that it's going to be a very 373 00:22:05,200 --> 00:22:08,000 Speaker 3: long speech because he's got so much talk about oh 374 00:22:08,040 --> 00:22:09,920 Speaker 3: my god, go gosh. 375 00:22:09,960 --> 00:22:12,479 Speaker 5: So I thought, rather than you having to suffer through it, 376 00:22:12,720 --> 00:22:19,959 Speaker 5: I'll just give it to you now. And there we go, 377 00:22:20,040 --> 00:22:21,879 Speaker 5: and then and that's how it starts. And then they 378 00:22:21,920 --> 00:22:24,160 Speaker 5: all stand up, you know, they're all applauding, and they're 379 00:22:24,160 --> 00:22:26,040 Speaker 5: all trying to get in the picture. As you know, 380 00:22:26,040 --> 00:22:28,920 Speaker 5: the Sergeant of Arms announces, you know, the president's there, 381 00:22:29,240 --> 00:22:31,359 Speaker 5: and then he starts walking down toward the well of 382 00:22:31,400 --> 00:22:34,280 Speaker 5: the House and everybody's just you know, peeing all over him. 383 00:22:34,280 --> 00:22:37,280 Speaker 5: So I was trying to get there. So, my fellow Americans, 384 00:22:38,400 --> 00:22:41,920 Speaker 5: the state of our union is complicated, which if you've 385 00:22:41,920 --> 00:22:43,720 Speaker 5: been paying attention for I don't know, maybe the past 386 00:22:43,800 --> 00:22:48,200 Speaker 5: fifty years or so, should surprise you exactly none at all. 387 00:22:49,080 --> 00:22:51,359 Speaker 5: So before the President takes the podium and tells you 388 00:22:51,400 --> 00:22:54,399 Speaker 5: everything is either fantastic or somebody else's fault, depending on 389 00:22:54,400 --> 00:22:56,720 Speaker 5: which party you belong to, I thought we ought to 390 00:22:56,760 --> 00:22:59,520 Speaker 5: have a little pregame show, a truth pregame, show the 391 00:22:59,640 --> 00:23:01,560 Speaker 5: kind I'm going to look at the scoreboard before the 392 00:23:01,560 --> 00:23:03,320 Speaker 5: coach comes out to tell you why the score doesn't 393 00:23:03,320 --> 00:23:06,320 Speaker 5: actually reflect what's been happening on the fields. Let's start 394 00:23:06,960 --> 00:23:10,720 Speaker 5: the state of our finances. We're thirty six trillion dollars 395 00:23:10,800 --> 00:23:14,200 Speaker 5: in debt. Trillion with a tea is then titanic, as 396 00:23:14,240 --> 00:23:17,399 Speaker 5: in we saw the iceberg. We argue about whether the 397 00:23:17,400 --> 00:23:20,560 Speaker 5: iceberg is real. We formed a bipartisan commission to study 398 00:23:20,560 --> 00:23:23,720 Speaker 5: the iceberg. The commission issue to report that nobody read, 399 00:23:23,760 --> 00:23:25,560 Speaker 5: and now we're in the water arguing about who's fault 400 00:23:25,520 --> 00:23:28,679 Speaker 5: it was that the that the iceberg was there. To 401 00:23:28,760 --> 00:23:33,120 Speaker 5: put thirty six trillion dollars in perspective, if you spent 402 00:23:33,240 --> 00:23:37,560 Speaker 5: a million dollars every single day since the birth of Christ, 403 00:23:38,160 --> 00:23:41,520 Speaker 5: not a metaphor literally the year zero, you would still 404 00:23:41,600 --> 00:23:45,119 Speaker 5: not have spent thirty six trillion dollars. And yet in Washington, 405 00:23:45,240 --> 00:23:47,000 Speaker 5: in the debate does not how do we stop the spending. 406 00:23:47,280 --> 00:23:49,000 Speaker 5: The debate is how do we spend more make you 407 00:23:49,040 --> 00:23:52,240 Speaker 5: feel good about it? And the answer is apparently to 408 00:23:52,280 --> 00:23:54,719 Speaker 5: call everything that they called that they that they do, 409 00:23:54,760 --> 00:23:58,560 Speaker 5: which is spending, is to call it an investment potholes. 410 00:23:58,680 --> 00:24:02,440 Speaker 5: That's infrastructure investment, gender studies programs at universities, and the 411 00:24:02,480 --> 00:24:04,840 Speaker 5: cost of eighty grand or more a year that's an 412 00:24:04,920 --> 00:24:08,600 Speaker 5: education investment. An eight hundred billion defense budget, this still 413 00:24:08,640 --> 00:24:09,879 Speaker 5: can't account for about a. 414 00:24:09,880 --> 00:24:10,200 Speaker 4: Third of it. 415 00:24:10,280 --> 00:24:14,440 Speaker 5: Went that's a national security investment. We are investing ourselves 416 00:24:14,520 --> 00:24:18,320 Speaker 5: straight into the grave and wall streets of blonding the 417 00:24:18,320 --> 00:24:21,359 Speaker 5: whole time. Oh, the doll's way up. The state of 418 00:24:21,400 --> 00:24:24,679 Speaker 5: the border. Yes, for year years we were told the 419 00:24:24,680 --> 00:24:26,520 Speaker 5: border was secure. They just lied to his anil it 420 00:24:26,600 --> 00:24:29,880 Speaker 5: was secure. Then we were told it was complicated. Then 421 00:24:29,920 --> 00:24:31,840 Speaker 5: we were told that anybody who wanted the border secured 422 00:24:31,920 --> 00:24:34,280 Speaker 5: happened to be a racist. Then apparently it became a 423 00:24:34,320 --> 00:24:37,399 Speaker 5: crisis again, depending on which way the political winds were blowing. 424 00:24:37,600 --> 00:24:40,640 Speaker 5: Here's the thing about sovereignty. Either you have a sovereign 425 00:24:40,720 --> 00:24:43,160 Speaker 5: nation or you don't. There's no such thing as that. Ah, 426 00:24:43,240 --> 00:24:45,480 Speaker 5: we're kind of sovereign anymore than you can be a 427 00:24:45,520 --> 00:24:47,520 Speaker 5: little bit pregnant or maybe a little bit on fire. 428 00:24:48,000 --> 00:24:50,560 Speaker 5: You're even controlled of your house or you're not. And 429 00:24:50,640 --> 00:24:52,399 Speaker 5: for the longest time, we were not in control of 430 00:24:52,440 --> 00:24:58,200 Speaker 5: our house. Now we're apparently in a season of enforcement. Now, 431 00:24:58,200 --> 00:25:01,399 Speaker 5: whether that pendulum swings too far in the other direction 432 00:25:01,800 --> 00:25:04,560 Speaker 5: might be a legitimate debate. No, I'm not really sure 433 00:25:04,560 --> 00:25:05,359 Speaker 5: in my mind it is. 434 00:25:05,400 --> 00:25:07,120 Speaker 4: But you know this, I. 435 00:25:07,040 --> 00:25:07,560 Speaker 2: Will say this. 436 00:25:07,680 --> 00:25:12,639 Speaker 5: The fact that enforcing existing law, which is what we're doing, 437 00:25:13,160 --> 00:25:17,679 Speaker 5: has become a controversial political topic, tells you everything that 438 00:25:17,720 --> 00:25:20,080 Speaker 5: we need to know about how far off the rails 439 00:25:20,200 --> 00:25:23,040 Speaker 5: we've actually gone. But the same about the state of 440 00:25:23,040 --> 00:25:28,640 Speaker 5: our government itself goes the Department of Government efficiency. Now 441 00:25:28,640 --> 00:25:30,440 Speaker 5: I want to be careful here, because well, I've spent 442 00:25:30,600 --> 00:25:35,440 Speaker 5: enough time inside the federal government to know two things simultaneously. One, 443 00:25:35,840 --> 00:25:41,919 Speaker 5: there is staggering waste, abundant redundancy, and there is just 444 00:25:42,920 --> 00:25:47,720 Speaker 5: concrete bureaucratic inertia baked into every agency at every level. 445 00:25:48,359 --> 00:25:49,600 Speaker 2: I've seen it and I've lived it. 446 00:25:50,160 --> 00:25:52,800 Speaker 5: Programs that exist because well, they used to serve a 447 00:25:52,800 --> 00:25:55,880 Speaker 5: purpose maybe at one time, or they got somebody elected, 448 00:25:56,440 --> 00:25:59,919 Speaker 5: or they made some NGO happy. We got employees who, 449 00:26:00,000 --> 00:26:04,159 Speaker 5: if job descriptions were written during the Carter years, a 450 00:26:04,200 --> 00:26:08,240 Speaker 5: procurement process that would make a Soviet central planner kind 451 00:26:08,240 --> 00:26:12,320 Speaker 5: of blush about, oh gee, we could do that. And 452 00:26:12,600 --> 00:26:15,960 Speaker 5: that's one and two would be cutting government really is 453 00:26:15,960 --> 00:26:19,119 Speaker 5: harder than it looks, and doing it fast and chaotically 454 00:26:19,560 --> 00:26:22,639 Speaker 5: has brings about it its own costs. So let's just 455 00:26:22,680 --> 00:26:26,520 Speaker 5: say this, the instinct is right. The execution well, maybe 456 00:26:26,520 --> 00:26:29,520 Speaker 5: a work in progress at best, which again is kind 457 00:26:29,520 --> 00:26:32,800 Speaker 5: of Washington in a nutshell. The state of our court system, 458 00:26:33,000 --> 00:26:36,960 Speaker 5: oh my god, the Supreme Court is, depending on your perspective, 459 00:26:37,440 --> 00:26:40,280 Speaker 5: either the last bullwork of constitutional order or at six 460 00:26:40,359 --> 00:26:42,919 Speaker 5: unelected extremists, depending on which six you want to use, 461 00:26:42,920 --> 00:26:44,840 Speaker 5: it could be any number six, any of the six, 462 00:26:44,920 --> 00:26:46,879 Speaker 5: and any of the nine at all, just two six. 463 00:26:47,840 --> 00:26:52,560 Speaker 5: They are extremists in rows destroying the republic. The answer 464 00:26:52,600 --> 00:26:55,920 Speaker 5: is usual, let's need one of those. They're nine lawyers. 465 00:26:56,520 --> 00:26:58,840 Speaker 5: They don't have to be lawyers, though, they're nine lawyers 466 00:26:58,880 --> 00:27:01,919 Speaker 5: who can't agree on what shall not be infringed means? 467 00:27:03,600 --> 00:27:06,160 Speaker 2: What does it mean? I know in my mind. 468 00:27:07,080 --> 00:27:11,000 Speaker 5: And we've essentially outsourced our most important policy decisions to 469 00:27:11,119 --> 00:27:14,320 Speaker 5: people who were appointed by presidents that a lot of 470 00:27:14,359 --> 00:27:17,040 Speaker 5: people didn't vote for, and then you get confirmed by 471 00:27:17,040 --> 00:27:19,840 Speaker 5: senators representing states that well, most of us don't live in, 472 00:27:20,600 --> 00:27:22,760 Speaker 5: who serve for life. Because the founders thought that was 473 00:27:22,800 --> 00:27:25,720 Speaker 5: a great idea, and nothing about the last two hundred 474 00:27:25,720 --> 00:27:28,400 Speaker 5: and fifty years has shaken our confidence in that right. 475 00:27:28,880 --> 00:27:33,720 Speaker 5: What could possibly go wrong? The sight of our discourse 476 00:27:34,760 --> 00:27:37,360 Speaker 5: I'll keep this brief because it's frankly kind of depressing. 477 00:27:38,240 --> 00:27:42,200 Speaker 5: We have a cabal, the press corps, that stopped being 478 00:27:42,320 --> 00:27:46,560 Speaker 5: skeptical of power and started being aligned with power. They 479 00:27:46,600 --> 00:27:50,000 Speaker 5: became the stenographers for theism power. And then they switched 480 00:27:50,040 --> 00:27:52,960 Speaker 5: sides when the power changed hands, and they call that journalism. 481 00:27:53,720 --> 00:27:56,439 Speaker 5: And then we got the whole social media ecalsystem that 482 00:27:56,520 --> 00:27:59,320 Speaker 5: has optimized, at least according to the algorithms, and on 483 00:27:59,400 --> 00:28:02,600 Speaker 5: purpose to make you angry, because angry people click and 484 00:28:02,600 --> 00:28:07,280 Speaker 5: clicks our money. Yes, it's just become all clickbait. And 485 00:28:07,320 --> 00:28:11,280 Speaker 5: we have a population that is, I wrote down here, 486 00:28:11,560 --> 00:28:15,680 Speaker 5: more informed, don't choke in your oatmeal. 487 00:28:16,560 --> 00:28:17,399 Speaker 3: More informed. 488 00:28:17,800 --> 00:28:20,359 Speaker 5: Yeah, they're more informed, only in this sense. They have 489 00:28:20,520 --> 00:28:24,480 Speaker 5: access to more information, more information than any humans in 490 00:28:24,520 --> 00:28:29,320 Speaker 5: the history of civilization. But somehow, with all that information, 491 00:28:29,680 --> 00:28:32,119 Speaker 5: I think we're less equipped to reason through that information 492 00:28:32,600 --> 00:28:34,960 Speaker 5: than at almost any point in the modern error. Do 493 00:28:34,960 --> 00:28:37,560 Speaker 5: you go back to my first segment, I post a 494 00:28:37,640 --> 00:28:40,360 Speaker 5: chart and I get two of the stupidest responses to 495 00:28:40,400 --> 00:28:43,480 Speaker 5: it you could possibly imagine. So what have we've done. 496 00:28:43,680 --> 00:28:49,360 Speaker 5: We've replaced debate with cancelation. Persuasion becomes labeling an argument 497 00:28:49,440 --> 00:28:51,760 Speaker 5: becomes well, argument has to have a certain vibe to it. 498 00:28:52,280 --> 00:28:57,320 Speaker 5: And yet, and here's where I just refused into pure cynicism. 499 00:28:58,480 --> 00:29:01,840 Speaker 5: The people I talk to every single day, the people 500 00:29:01,840 --> 00:29:03,959 Speaker 5: who listen while you're driving to work or pick up 501 00:29:03,960 --> 00:29:06,240 Speaker 5: your kids or running your business or whatever. I think 502 00:29:06,280 --> 00:29:10,720 Speaker 5: you're sharp, and you're skeptical, and you're paying attention, and 503 00:29:10,800 --> 00:29:13,120 Speaker 5: you want real answers. You don't want talking points. You 504 00:29:13,160 --> 00:29:16,000 Speaker 5: want somebody to actually make an argument, not just assert 505 00:29:16,040 --> 00:29:18,720 Speaker 5: the conclusion, but tell you why they get to that conclusion, 506 00:29:18,920 --> 00:29:21,560 Speaker 5: to help you understand better if that conclusion is the 507 00:29:21,560 --> 00:29:24,160 Speaker 5: same as yours, and if it's not your conclusion, if 508 00:29:24,160 --> 00:29:26,880 Speaker 5: I come to a conclusion on this program, there's not 509 00:29:27,000 --> 00:29:29,680 Speaker 5: the conclusion that you like. At least now you understand 510 00:29:29,680 --> 00:29:31,200 Speaker 5: my argument. So if you want to, you can rip 511 00:29:31,200 --> 00:29:34,840 Speaker 5: it apart. So I would say that the state of 512 00:29:34,920 --> 00:29:40,120 Speaker 5: the political class is the S word, the other s word, 513 00:29:40,160 --> 00:29:43,640 Speaker 5: and the state of the American people honestly better than 514 00:29:43,680 --> 00:29:45,959 Speaker 5: we deserve, giveing what we had to put up with. 515 00:29:47,000 --> 00:29:53,440 Speaker 4: Good morning, Michael Dragon. The phrase too stupid to survive? 516 00:29:54,280 --> 00:29:56,120 Speaker 4: Is that going to come up in the middle of 517 00:29:56,160 --> 00:29:57,920 Speaker 4: the address. 518 00:29:59,000 --> 00:30:03,000 Speaker 2: It should, really, So. 519 00:30:02,960 --> 00:30:07,320 Speaker 5: The US Constitution requires the President. Article two, Section three, 520 00:30:07,400 --> 00:30:14,000 Speaker 5: Clause one, The President shall, from time to time, well whenever, 521 00:30:14,240 --> 00:30:16,600 Speaker 5: you know, hey, I haven't told Congress what's going on, 522 00:30:16,640 --> 00:30:19,280 Speaker 5: maybe I ought to tell Congress what's going on. Shall, from 523 00:30:19,520 --> 00:30:25,720 Speaker 5: time to time give to the Congress information of the 524 00:30:25,760 --> 00:30:31,200 Speaker 5: state of the Union, and recommend to their consideration such 525 00:30:31,320 --> 00:30:38,080 Speaker 5: measures as he shall judge necessary and expedient. Did you 526 00:30:38,120 --> 00:30:51,479 Speaker 5: hear the word television, radio, pdf, email, a pamphlet, a book, anything, telegraph, telegram, 527 00:30:51,480 --> 00:30:54,680 Speaker 5: I'm no telegram for Mindo. Telegram for Mindo. How about that? 528 00:30:55,960 --> 00:30:59,840 Speaker 5: Just that's what I want tonight. While I want tonight 529 00:31:00,600 --> 00:31:03,320 Speaker 5: is I want to hear the Sergeant of Arms walk 530 00:31:03,400 --> 00:31:09,120 Speaker 5: in and as as usual and say and say, could 531 00:31:09,160 --> 00:31:12,160 Speaker 5: I have a microphone please, mister producer, could have a microphone? 532 00:31:12,440 --> 00:31:14,080 Speaker 2: Now, could I cove a microphone please? 533 00:31:14,560 --> 00:31:15,960 Speaker 3: I'm trying to work back here. 534 00:31:16,000 --> 00:31:19,719 Speaker 5: Okay, well, but you're you're you're spoiling my bit. So 535 00:31:19,880 --> 00:31:27,720 Speaker 5: I just what I want tonight is and then the 536 00:31:27,760 --> 00:31:32,360 Speaker 5: President walks down about two steps and just says telegram 537 00:31:32,400 --> 00:31:35,560 Speaker 5: from Mindo, telegram from Mindo, and just kind of throws 538 00:31:35,600 --> 00:31:37,720 Speaker 5: out you're like you throw out halts at a rally, just. 539 00:31:37,680 --> 00:31:40,440 Speaker 2: Throw out you know, copies of the report. Turn around, 540 00:31:40,440 --> 00:31:43,920 Speaker 2: walk out. We're all done. That's all he needs to do. 541 00:31:45,520 --> 00:31:47,680 Speaker 5: We don't need all this other crap, don't need it 542 00:31:48,040 --> 00:31:53,760 Speaker 5: at all, but the but they can't. They can't help themselves. 543 00:31:54,600 --> 00:31:59,280 Speaker 5: It is such a horrible code dependent relationship. It's an 544 00:31:59,280 --> 00:32:03,280 Speaker 5: abusive relationship. I mean, well, what we really should do 545 00:32:03,320 --> 00:32:05,880 Speaker 5: is we ought to call don't call the Capitol Police 546 00:32:05,920 --> 00:32:08,480 Speaker 5: because they're part of it. Can't call the Secret Service 547 00:32:08,520 --> 00:32:11,880 Speaker 5: because they're part of it. We can't call it's the DIFFCT. 548 00:32:11,920 --> 00:32:13,640 Speaker 5: It's in the District of Columbia, so we can't call 549 00:32:13,640 --> 00:32:16,840 Speaker 5: the Virginia State Patrol. We can't call the Maryland State Patrol. 550 00:32:17,640 --> 00:32:20,720 Speaker 5: So and we can't call DLD because posse common tallos. 551 00:32:20,760 --> 00:32:23,080 Speaker 5: We can't do that action there. But we ought to call, 552 00:32:23,400 --> 00:32:26,240 Speaker 5: you know, like like let's call New York the NYPD 553 00:32:27,080 --> 00:32:29,920 Speaker 5: or or the Denver PAD, whoever's got some of these 554 00:32:30,080 --> 00:32:33,640 Speaker 5: you know, interventionists, these social workers that come along. Let's 555 00:32:33,680 --> 00:32:36,160 Speaker 5: just call them and have them come in and step 556 00:32:36,200 --> 00:32:38,760 Speaker 5: in and just say, okay, everybody just sit down, and 557 00:32:38,840 --> 00:32:41,640 Speaker 5: everybody take everybody take their seats. Mister President, have a seat. 558 00:32:41,880 --> 00:32:46,479 Speaker 5: Everybody just sit down now, mister President, you have your 559 00:32:46,520 --> 00:32:49,800 Speaker 5: speech right there. It's on the teleprompter, so it's already 560 00:32:49,840 --> 00:32:53,960 Speaker 5: on the computer. And no, no, no, no, no clapping, 561 00:32:54,400 --> 00:32:56,800 Speaker 5: no no, no signs. Don't don't hold your little ping 562 00:32:56,840 --> 00:32:58,680 Speaker 5: pong paddles up, don't do any of that. 563 00:32:58,800 --> 00:32:59,440 Speaker 2: Shut up and. 564 00:32:59,440 --> 00:33:05,880 Speaker 5: Sit down, all right now, mister President, tell your staff, 565 00:33:06,520 --> 00:33:09,760 Speaker 5: this guy that's operating or whoever on the Congressional staff 566 00:33:10,160 --> 00:33:14,880 Speaker 5: is operating the teleprompter to take that document converted into 567 00:33:14,920 --> 00:33:18,240 Speaker 5: a PDF. You can use Adobe whatever you want to do, 568 00:33:19,120 --> 00:33:22,760 Speaker 5: and then hit send all and send it to everybody, 569 00:33:23,360 --> 00:33:26,000 Speaker 5: and then everybody go home and we're going to escort 570 00:33:26,080 --> 00:33:30,720 Speaker 5: everybody out. And that's it. That's it. It's like going 571 00:33:30,720 --> 00:33:33,840 Speaker 5: to a domestic violence call. It's going to a domestic 572 00:33:33,880 --> 00:33:38,480 Speaker 5: dispute because they all want it, they all want it. 573 00:33:39,760 --> 00:33:43,320 Speaker 5: I'm really I can't wait to see those who show 574 00:33:43,400 --> 00:33:46,800 Speaker 5: up and don't show up, because either way they're going 575 00:33:46,840 --> 00:33:49,880 Speaker 5: to get attention. They don't show up, the cabal is 576 00:33:49,880 --> 00:33:51,720 Speaker 5: gonna run over and cover them. Well, where are you 577 00:33:51,800 --> 00:33:53,720 Speaker 5: tonight and what are you doing? Well, I'm holding a 578 00:33:53,840 --> 00:33:57,360 Speaker 5: Dorito's party here with you know, my friendly illegal aliens 579 00:33:57,400 --> 00:33:59,160 Speaker 5: that have killed you know, five hundred people, and I 580 00:33:59,160 --> 00:34:03,600 Speaker 5: got some commercial truck drivers here who have fake CDLs 581 00:34:03,680 --> 00:34:06,160 Speaker 5: driven issue by the State of California, and we're all 582 00:34:06,200 --> 00:34:08,960 Speaker 5: having a tequila party. And then others over here that 583 00:34:09,160 --> 00:34:11,440 Speaker 5: they're they're meeting at US Somali Daycare. 584 00:34:11,840 --> 00:34:13,440 Speaker 2: Yeah. Yeah. 585 00:34:13,520 --> 00:34:16,560 Speaker 5: And then we got the Chinese contingency over here meeting somewhere. 586 00:34:17,280 --> 00:34:20,080 Speaker 5: And then those who are actually in the audience, well 587 00:34:20,080 --> 00:34:21,120 Speaker 5: they'll have somebody too. 588 00:34:22,000 --> 00:34:25,520 Speaker 2: Everybody's got somebody. Oh my god, I just I despise 589 00:34:25,600 --> 00:34:26,120 Speaker 2: this event. 590 00:34:27,239 --> 00:34:30,239 Speaker 5: Somebody asked on X yesterday if you were in because 591 00:34:30,280 --> 00:34:31,880 Speaker 5: they were talking about the hockey team, if you were 592 00:34:31,880 --> 00:34:34,799 Speaker 5: invited to go, would you go? And my response was yes, 593 00:34:34,920 --> 00:34:37,640 Speaker 5: I would go, even though I've been to like five 594 00:34:37,719 --> 00:34:40,759 Speaker 5: of them, but I've never seen one because I've already 595 00:34:40,840 --> 00:34:43,440 Speaker 5: always either been out at one of the indisclosed locations 596 00:34:43,520 --> 00:34:45,520 Speaker 5: where I've been down the basement meeting with all the 597 00:34:45,840 --> 00:34:48,360 Speaker 5: security crap going on. So yeah, I'd go sit in 598 00:34:48,400 --> 00:34:51,560 Speaker 5: the audience, although I'm not really sure I want to 599 00:34:51,560 --> 00:34:54,200 Speaker 5: go through the entire process because since I no longer 600 00:34:54,320 --> 00:34:59,000 Speaker 5: have you know, my my clearances, no longer have my 601 00:34:59,040 --> 00:35:00,880 Speaker 5: badge and get into the CA capital of the White House, 602 00:35:01,000 --> 00:35:02,840 Speaker 5: i'd have to go through the magnetometers and all that. 603 00:35:02,840 --> 00:35:04,600 Speaker 5: I'm actually sure I want to do that, So I'm 604 00:35:04,640 --> 00:35:07,200 Speaker 5: not really sure I go or not. Has nothing to 605 00:35:07,239 --> 00:35:11,319 Speaker 5: do with Trump or Biden or anybody else. Oh my god. 606 00:35:12,000 --> 00:35:14,520 Speaker 5: And the state of the Union, well, the state of 607 00:35:14,520 --> 00:35:16,319 Speaker 5: the Union is as it's always been. It's just a 608 00:35:16,360 --> 00:35:23,480 Speaker 5: work in progress. I would just suggest that tonight, tonight, 609 00:35:23,560 --> 00:35:26,960 Speaker 5: the President will tell you his version of the story 610 00:35:27,040 --> 00:35:31,400 Speaker 5: I just gave you. Listen, think push back we're warranted. 611 00:35:31,560 --> 00:35:35,799 Speaker 5: Applaud we're warranted. But whatever you do, just don't outsource 612 00:35:35,840 --> 00:35:38,560 Speaker 5: your own thinking. Just pay attention to what's going on 613 00:35:38,600 --> 00:35:39,360 Speaker 5: around you.