1 00:00:00,200 --> 00:00:03,120 Speaker 1: D good. What's up buddy? Hey Michael. 2 00:00:04,040 --> 00:00:06,480 Speaker 2: Hey, And you know, I wouldn't be too critical about 3 00:00:07,520 --> 00:00:10,080 Speaker 2: the idea of going to get some donuts before you 4 00:00:10,119 --> 00:00:12,639 Speaker 2: walk into a medical lab to you know, see if 5 00:00:12,640 --> 00:00:15,720 Speaker 2: there's a national security threat. I know that every time 6 00:00:15,760 --> 00:00:17,680 Speaker 2: I walk into a medical lab where there might be 7 00:00:17,720 --> 00:00:20,680 Speaker 2: petri dishes and all kinds of stuff laying around, I 8 00:00:20,760 --> 00:00:23,400 Speaker 2: take my donuts so I can dip it in the 9 00:00:24,000 --> 00:00:26,040 Speaker 2: petri dish there and give it the taste. 10 00:00:26,120 --> 00:00:30,880 Speaker 3: Jest. Yeah, you know, if it's ebola or something, you 11 00:00:30,920 --> 00:00:32,800 Speaker 3: want to find out, you know, sooner rather than later. 12 00:00:32,880 --> 00:00:34,879 Speaker 3: So just you know. And by the way, do you 13 00:00:34,920 --> 00:00:37,839 Speaker 3: dip like you know, a plane donut? Do you have 14 00:00:37,840 --> 00:00:38,520 Speaker 3: to talk to covered? 15 00:00:38,720 --> 00:00:38,960 Speaker 1: Maple? 16 00:00:39,000 --> 00:00:39,280 Speaker 3: Covered? 17 00:00:39,320 --> 00:00:40,040 Speaker 1: What kind of donut? 18 00:00:40,080 --> 00:00:43,879 Speaker 3: Sprinkles? Dot? And do you go to a do you 19 00:00:43,880 --> 00:00:46,080 Speaker 3: buy the cheap donuts? Do you buy the expensive donuts 20 00:00:46,240 --> 00:00:47,440 Speaker 3: or all donuts expensive? 21 00:00:47,479 --> 00:00:50,040 Speaker 1: Now, what's the best donut? 22 00:00:51,840 --> 00:00:57,600 Speaker 3: Lamar's lamars, Oh, maple lamars. Maple bars are the best, 23 00:00:58,000 --> 00:01:00,400 Speaker 3: you know. I think they're now up to like fourteen 24 00:01:00,440 --> 00:01:01,640 Speaker 3: dollars ninety five cents a bar. 25 00:01:02,600 --> 00:01:03,400 Speaker 1: That sounds pretty good. 26 00:01:05,760 --> 00:01:08,679 Speaker 3: But hey, affordability, you know, not a deal, not a 27 00:01:08,680 --> 00:01:12,199 Speaker 3: big deal. World News tonight, eight days ago. 28 00:01:12,319 --> 00:01:15,400 Speaker 4: Night in Las Vegas, authorities are investigating a possible unauthorized 29 00:01:15,440 --> 00:01:19,360 Speaker 4: biological laboratory inside someone's home. The new images right here 30 00:01:19,360 --> 00:01:21,760 Speaker 4: from inside the home tonight. The FBI is now testing 31 00:01:21,920 --> 00:01:24,319 Speaker 4: vials werecovered in the home to see if they contained 32 00:01:24,319 --> 00:01:27,040 Speaker 4: potentially infectious and deadly viruses. 33 00:01:26,720 --> 00:01:28,680 Speaker 1: Including Ebola, zeka, and COVID. 34 00:01:28,959 --> 00:01:31,480 Speaker 4: Law enforcement sources telling ABC News tonight they recovered a 35 00:01:31,560 --> 00:01:35,000 Speaker 4: thousand pieces of evidence. The homeowner is a Chinese national 36 00:01:35,000 --> 00:01:37,640 Speaker 4: who was previously arrested in twenty twenty three. If they 37 00:01:37,640 --> 00:01:39,920 Speaker 4: say he owns dozens of other properties, they're now being 38 00:01:39,959 --> 00:01:40,680 Speaker 4: searched too. 39 00:01:42,640 --> 00:01:46,240 Speaker 3: I'm going to continue this story, but stupid producer just 40 00:01:46,280 --> 00:01:47,760 Speaker 3: whispered in my ear or something. 41 00:01:47,880 --> 00:01:48,480 Speaker 1: I did a thing. 42 00:01:49,120 --> 00:01:52,040 Speaker 3: He did a thing, and I think it's legitimate, which 43 00:01:52,120 --> 00:01:57,040 Speaker 3: is unusual. Well, I talk about the bio labs. I 44 00:01:57,120 --> 00:02:00,360 Speaker 3: want you to peruse your brains. Go up there, kind 45 00:02:00,360 --> 00:02:03,040 Speaker 3: of look around, you know, climb up there, open the 46 00:02:03,200 --> 00:02:05,520 Speaker 3: you know, open the attic door, climb up in there, 47 00:02:06,040 --> 00:02:11,520 Speaker 3: look around and see what stories had been pushed out 48 00:02:11,560 --> 00:02:14,600 Speaker 3: of the a block or completely off the news entirely, 49 00:02:14,960 --> 00:02:17,880 Speaker 3: such as the one I'm doing right now. Because of 50 00:02:18,760 --> 00:02:23,800 Speaker 3: the Tucson Guthrie kidnapping case. Send me a text three 51 00:02:23,880 --> 00:02:26,200 Speaker 3: three one zero three keyword Micha or Michael. 52 00:02:26,440 --> 00:02:28,640 Speaker 1: Don't get it wrong. We want her to be found. 53 00:02:30,400 --> 00:02:34,360 Speaker 1: But what did we miss because of Nancy? 54 00:02:34,440 --> 00:02:38,359 Speaker 3: Yeah, what's been pushed to the side. So now, so 55 00:02:38,440 --> 00:02:41,880 Speaker 3: they get a search warrant and they get access to 56 00:02:41,919 --> 00:02:46,040 Speaker 3: the building. And when they go in, according to one 57 00:02:46,080 --> 00:02:50,760 Speaker 3: of the lab workers present, they they found about one 58 00:02:50,800 --> 00:02:54,600 Speaker 3: thousand laboratory mice, some of which were dead, and all 59 00:02:54,639 --> 00:02:56,600 Speaker 3: of which, according to one of the lab workers that 60 00:02:56,720 --> 00:03:00,480 Speaker 3: was there, were genetically engineered to catch a carry the 61 00:03:00,520 --> 00:03:06,440 Speaker 3: COVID nineteen virus, the stars go v two. What samples 62 00:03:06,440 --> 00:03:13,440 Speaker 3: and vials were labeled as containing hepatitis, HIV, malaria, tuberculosis, 63 00:03:13,919 --> 00:03:15,240 Speaker 3: and a bunch of other pathogens. 64 00:03:15,280 --> 00:03:16,160 Speaker 1: So nothing dangerous. 65 00:03:16,760 --> 00:03:22,280 Speaker 3: No cbr N. You ever heard that acronym? You in 66 00:03:22,280 --> 00:03:26,120 Speaker 3: in the homeland security world, well, quite frankly in the 67 00:03:26,120 --> 00:03:32,359 Speaker 3: military world. Also, you worry about biological warfare. Now this 68 00:03:32,480 --> 00:03:36,880 Speaker 3: is these are the Chinese. Now this is not the 69 00:03:38,000 --> 00:03:42,600 Speaker 3: really nice Chinese couple that runs the Chinese restaurant down 70 00:03:42,720 --> 00:03:46,280 Speaker 3: the street from where you live. No, these are lab workers. 71 00:03:47,440 --> 00:03:52,560 Speaker 3: So then the local officials in Reedley, California, and cry 72 00:03:52,600 --> 00:03:57,200 Speaker 3: Frank also in Lost Wages try to get help from 73 00:03:57,240 --> 00:04:03,880 Speaker 3: the Centers for Disease Control. But for months, according to 74 00:04:03,880 --> 00:04:07,080 Speaker 3: the stories that I read, CDC refused even to take 75 00:04:07,120 --> 00:04:09,480 Speaker 3: their calls, and more than once actually hung up on them. 76 00:04:10,080 --> 00:04:12,880 Speaker 3: Only when prodded by the local congressman Jim Costa did 77 00:04:12,880 --> 00:04:16,080 Speaker 3: the CDC actually wake up. Yet, when they did turn 78 00:04:16,200 --> 00:04:20,400 Speaker 3: up back in May, they refused repeated pleas from local 79 00:04:20,440 --> 00:04:23,679 Speaker 3: officials to test the samples, and they left the local 80 00:04:23,680 --> 00:04:27,640 Speaker 3: official or to arrange for the destruction of all the biohazards. 81 00:04:28,480 --> 00:04:32,760 Speaker 3: Even when told that the next search had found a 82 00:04:32,800 --> 00:04:36,720 Speaker 3: refrigerator with the word eboler written on the door, the 83 00:04:36,720 --> 00:04:40,640 Speaker 3: CDC refused to go back to the site. Inside the 84 00:04:40,680 --> 00:04:45,080 Speaker 3: fridge were quote unlabeled sealed silver bags, consistent with how 85 00:04:45,160 --> 00:04:52,920 Speaker 3: the lab stored high risk biological materials close quote Now eventually, eventually, 86 00:04:53,800 --> 00:04:57,360 Speaker 3: the Congressional Select Committee on the Chinese Communist Party. We 87 00:04:57,400 --> 00:05:01,479 Speaker 3: have a select Committee that is investigat of all of 88 00:05:01,480 --> 00:05:10,480 Speaker 3: the ways that the Chinese Communist Party has infiltrated this country, education, scientific, cultural, militarily, 89 00:05:11,000 --> 00:05:15,400 Speaker 3: every way you can possibly imagine. We are so stupid, 90 00:05:15,600 --> 00:05:19,800 Speaker 3: freaking dumb that we allow the Chinese Communist Party to 91 00:05:19,800 --> 00:05:23,920 Speaker 3: infiltrate almost all of our institutions. So they looked into 92 00:05:23,920 --> 00:05:27,520 Speaker 3: this case and revealed the guys whose name I can't 93 00:05:27,520 --> 00:05:30,719 Speaker 3: pronounce except for his last name, Zoo has a hair 94 00:05:30,800 --> 00:05:36,120 Speaker 3: raising biography. When he was actually living in China, he 95 00:05:36,240 --> 00:05:39,920 Speaker 3: was the vice chair of the Henon Pioneer Aid Biological 96 00:05:40,000 --> 00:05:47,840 Speaker 3: Engineering Company Henon Pioneer Aid Biological Engineering Company that is, 97 00:05:47,960 --> 00:05:53,120 Speaker 3: as most companies are, a Chinese state controlled business that 98 00:05:53,240 --> 00:05:56,200 Speaker 3: has direct links to the Chinese to the People's Liberation 99 00:05:56,360 --> 00:05:59,440 Speaker 3: Army the PLA, and he was also on the board 100 00:05:59,440 --> 00:06:04,280 Speaker 3: of several other Chinese firms. So he takes the circuitous 101 00:06:04,360 --> 00:06:06,560 Speaker 3: route that most people take from China to get to 102 00:06:06,600 --> 00:06:08,760 Speaker 3: this country, unless you just come here directly, because we're 103 00:06:08,839 --> 00:06:11,359 Speaker 3: just too stupid to really kind of figure out should 104 00:06:11,400 --> 00:06:14,039 Speaker 3: we give you a visa or not. He moved to 105 00:06:14,160 --> 00:06:18,880 Speaker 3: Canada and he set up a dozen companies there as 106 00:06:18,920 --> 00:06:23,039 Speaker 3: well as here, the British Virgin Islands and the Caymans. 107 00:06:24,279 --> 00:06:27,120 Speaker 3: Wait a minute, you could go. You go to the Caymans. 108 00:06:27,800 --> 00:06:32,000 Speaker 3: The offshore really I wanted to throw in the word 109 00:06:32,040 --> 00:06:38,760 Speaker 3: offshore there. And then these companies started to steal valuable 110 00:06:38,760 --> 00:06:43,440 Speaker 3: American intellectual property totaling three hundred and thirty million dollars 111 00:06:43,480 --> 00:06:47,880 Speaker 3: in value, and then unlawfully transferred to China. That's all 112 00:06:47,920 --> 00:06:52,200 Speaker 3: according to court documents where he was convicted in Canada. 113 00:06:53,640 --> 00:06:55,719 Speaker 3: Now the best I can tell, the fraud mostly related 114 00:06:55,760 --> 00:06:59,200 Speaker 3: to patents on technology for breeding cattle that produced mainly 115 00:06:59,240 --> 00:07:02,360 Speaker 3: female offspring, which is a valuable trait in the dairy industry. 116 00:07:02,839 --> 00:07:05,880 Speaker 3: And then won that an American company, x Y Inc. 117 00:07:06,360 --> 00:07:09,479 Speaker 3: Pretty cool name, right, x Y Inc. Get it was 118 00:07:09,520 --> 00:07:14,800 Speaker 3: planning to profit from in China. He then fled to 119 00:07:14,840 --> 00:07:18,280 Speaker 3: America under the name David He. He was convicted of 120 00:07:18,320 --> 00:07:21,679 Speaker 3: contempt of court deemed committed fraud on an epic scale. 121 00:07:21,720 --> 00:07:24,720 Speaker 3: In the words of the British Columbia Supreme Court, greed 122 00:07:25,000 --> 00:07:28,440 Speaker 3: does not appear to have been his only motive. He 123 00:07:28,480 --> 00:07:31,320 Speaker 3: once wrote that he wanted to help defeat the American 124 00:07:31,440 --> 00:07:39,720 Speaker 3: aggressor and wild ambitious wolf. So the illegal lab just 125 00:07:39,880 --> 00:07:43,360 Speaker 3: rated in Vegas was operated by the same LLC in 126 00:07:43,400 --> 00:07:46,240 Speaker 3: the same Chinese national as the one discovered a few 127 00:07:46,280 --> 00:07:50,520 Speaker 3: years ago in Reedley, California. And then when you find 128 00:07:50,520 --> 00:07:54,320 Speaker 3: out what we actually know about the Reedley California lab. 129 00:07:55,160 --> 00:07:56,880 Speaker 3: You can probably assume that most of it's the same 130 00:07:56,880 --> 00:08:01,600 Speaker 3: thing is true for the lab in the Vegas so 131 00:08:01,720 --> 00:08:05,720 Speaker 3: Zoo's company running Zuo and he same guy right Zuhi 132 00:08:07,440 --> 00:08:12,160 Speaker 3: running the Ready lab was called Prestige Biotech, didn't have 133 00:08:12,160 --> 00:08:16,240 Speaker 3: a license to operate in California, and it got millions 134 00:08:16,280 --> 00:08:20,800 Speaker 3: of dollars in unexplayed payments from Chinese state banks, all 135 00:08:20,840 --> 00:08:25,240 Speaker 3: according to the Select Committee the China the House Select 136 00:08:25,280 --> 00:08:29,360 Speaker 3: Committee on the Chinese Communist Party. Now, Prestige claimed to 137 00:08:29,400 --> 00:08:33,600 Speaker 3: be making COVID test kits, but most of the kits 138 00:08:33,679 --> 00:08:37,440 Speaker 3: that it was selling were counterfeit. They were unlicensed, and 139 00:08:37,480 --> 00:08:40,920 Speaker 3: they were They weren't manufacturing, They just importing them from China. 140 00:08:41,080 --> 00:08:43,680 Speaker 3: No need for all that expensive equipment, No need for 141 00:08:43,720 --> 00:08:48,320 Speaker 3: the mice. You're just importing fraudulent fake tests from China. 142 00:08:48,720 --> 00:08:49,920 Speaker 3: Why do you need Why do you need all the 143 00:08:49,960 --> 00:08:52,240 Speaker 3: lab equipment, Why do you need all the mice? Why 144 00:08:52,280 --> 00:08:55,800 Speaker 3: do you need all the pathogens? Now, the minute the 145 00:08:56,240 --> 00:08:59,280 Speaker 3: a rest warrant was issued for Zoo's arrest, he had 146 00:08:59,320 --> 00:09:04,640 Speaker 3: a partner, Zuong Wang, flew back to China with their child, 147 00:09:04,920 --> 00:09:09,760 Speaker 3: their portfolio of properties in Nevada, was put in her name, 148 00:09:10,480 --> 00:09:13,520 Speaker 3: but then offered us collateral to get Zoo out on bail. 149 00:09:14,120 --> 00:09:17,680 Speaker 3: The prosecution argued he was a flight risk. They refused 150 00:09:17,679 --> 00:09:20,760 Speaker 3: to grant bail. So the frustration and of course the 151 00:09:20,800 --> 00:09:23,360 Speaker 3: battlement of the local officials and of course politicians are 152 00:09:23,400 --> 00:09:26,800 Speaker 3: always baffled. Right, it appears to have taken the federal 153 00:09:26,840 --> 00:09:31,560 Speaker 3: authorities two years, two years to get around to searching 154 00:09:31,559 --> 00:09:35,680 Speaker 3: those properties. I just want that to think in for 155 00:09:35,720 --> 00:09:42,240 Speaker 3: a moment. We have an illicit, illegal, unlicensed Chinese lab 156 00:09:42,320 --> 00:09:45,960 Speaker 3: operating in two states, California and Nevada that we know of, 157 00:09:46,760 --> 00:09:49,640 Speaker 3: probably operating in California, stupid as we I mean Colorado, 158 00:09:49,679 --> 00:09:52,679 Speaker 3: super as we are here, but two years to get 159 00:09:52,679 --> 00:09:56,280 Speaker 3: around to searching the properties. So now with another pile 160 00:09:56,320 --> 00:10:02,480 Speaker 3: of medical kids found in Vegas, I'm thinking that we might, 161 00:10:02,880 --> 00:10:06,440 Speaker 3: in fact probably are looking at something more than fraud. 162 00:10:07,440 --> 00:10:12,400 Speaker 3: Is this an attempt at bio terror even hybrid bio warfare? 163 00:10:13,720 --> 00:10:16,880 Speaker 3: Some observers have pointed out the proximity of both sites 164 00:10:16,920 --> 00:10:23,000 Speaker 3: to air force bases. Now, there been other suspicious incidents 165 00:10:23,040 --> 00:10:28,600 Speaker 3: involving biology in recent years. McIntyre at the University of 166 00:10:28,640 --> 00:10:34,280 Speaker 3: New South Wales. She has this Professor Rayna McIntyre has 167 00:10:34,360 --> 00:10:39,040 Speaker 3: chronicled these. In twenty nineteen, Canadian authorities caught two Chinese 168 00:10:39,080 --> 00:10:44,240 Speaker 3: science esteeming viruses from Canada's only biosafety level four lab 169 00:10:45,000 --> 00:10:48,600 Speaker 3: in June just last year, and two separate incidents, three 170 00:10:48,760 --> 00:10:52,880 Speaker 3: Chinese nationals were caught at Detroit at the airport trying 171 00:10:52,880 --> 00:10:55,679 Speaker 3: to smuggle in a parasitic fungus of wheat called for 172 00:10:55,840 --> 00:11:00,839 Speaker 3: surium and material for growing parasitic roundworms. Both of those 173 00:11:00,920 --> 00:11:07,760 Speaker 3: could be threats to obviously US agriculture. Doctor McIntyre says 174 00:11:07,840 --> 00:11:10,880 Speaker 3: that both of those incidents quote highlight the broad range 175 00:11:10,920 --> 00:11:14,440 Speaker 3: of threats that must be considered to prevent agri terrorism 176 00:11:14,480 --> 00:11:18,760 Speaker 3: or viral terrorism through trojan horse methods. Let's just pause 177 00:11:18,800 --> 00:11:24,800 Speaker 3: for a moment in this story, Congress has a select 178 00:11:24,840 --> 00:11:29,240 Speaker 3: committee studying how the Chinese Communist Party is infiltrating this country. 179 00:11:30,520 --> 00:11:33,960 Speaker 3: We now have two examples of labs in this country. 180 00:11:34,600 --> 00:11:39,000 Speaker 3: We've got examples of labs in Canada. We have examples 181 00:11:39,000 --> 00:11:45,400 Speaker 3: of individuals importing bile hazards, a certain kind of tailored 182 00:11:45,400 --> 00:11:49,280 Speaker 3: wheat that would destroy our crops, certain types of fun 183 00:11:49,360 --> 00:11:52,360 Speaker 3: guy that they're trying to bring into this country. Let 184 00:11:52,360 --> 00:11:56,640 Speaker 3: me ask you, what's Congress doing, what's the Department of 185 00:11:56,640 --> 00:12:00,720 Speaker 3: Homeland Security doing? But for that matter, what's the cabal doing. 186 00:12:01,960 --> 00:12:05,839 Speaker 3: I'm talking about stories that are weeks, months, and years old, 187 00:12:06,280 --> 00:12:08,960 Speaker 3: and I don't hear any reporting, and I can't find 188 00:12:09,000 --> 00:12:17,120 Speaker 3: any reporting about serious counter terrorism activities or counter terrorism 189 00:12:17,200 --> 00:12:22,800 Speaker 3: efforts or anything to stop this madness. So set aside 190 00:12:22,840 --> 00:12:26,960 Speaker 3: for a moment that you know, culturally we seem to 191 00:12:27,000 --> 00:12:29,640 Speaker 3: be dying. Set aside for a moment that you know, 192 00:12:29,679 --> 00:12:32,360 Speaker 3: politically we seem to be dying. Set aside for a 193 00:12:32,400 --> 00:12:34,680 Speaker 3: moment that you know, while we've got some really good 194 00:12:34,679 --> 00:12:37,959 Speaker 3: things going for us, we don't really seem to be protecting. 195 00:12:38,000 --> 00:12:41,280 Speaker 3: I always had a trump problem with the term homeland 196 00:12:41,679 --> 00:12:44,160 Speaker 3: because it brought up to many images in my mind 197 00:12:44,200 --> 00:12:47,720 Speaker 3: of Germany in the nineteen thirties. But nonetheless, we have 198 00:12:47,840 --> 00:12:52,160 Speaker 3: a Department of Homeland Security, of which I'm pretty intimately 199 00:12:52,320 --> 00:12:56,840 Speaker 3: familiar with, considering my title was the Undersecretary of Homeland Security. 200 00:12:58,200 --> 00:12:58,839 Speaker 5: What in. 201 00:13:03,360 --> 00:13:08,920 Speaker 3: I'm gonna say it, what in the heck are we 202 00:13:09,440 --> 00:13:15,480 Speaker 3: doing to stop this madness? It seems to me that 203 00:13:15,559 --> 00:13:19,920 Speaker 3: we're so you know, shiny object. I don't care if 204 00:13:19,920 --> 00:13:23,800 Speaker 3: it's missus Guthrie, I don't care whether it's the Save Act, 205 00:13:24,120 --> 00:13:25,800 Speaker 3: and you know what difference is to say, you know, 206 00:13:25,880 --> 00:13:28,240 Speaker 3: I'm all for the Save actual. Don't misread this, but 207 00:13:28,840 --> 00:13:30,720 Speaker 3: we're all arguing, and I spent a lot of time 208 00:13:30,720 --> 00:13:32,800 Speaker 3: describing how we could, you know, pass that if we 209 00:13:32,840 --> 00:13:36,080 Speaker 3: wanted to. Lisa Murkowski, the US Senator from Alaska, came 210 00:13:36,120 --> 00:13:38,440 Speaker 3: out yesterday and said that she's not gonna vote for it. 211 00:13:38,480 --> 00:13:40,680 Speaker 3: So we're starting to lose votes, and of course that's 212 00:13:40,679 --> 00:13:43,080 Speaker 3: what they expect to do. John fun is going to 213 00:13:43,120 --> 00:13:46,160 Speaker 3: allow that to just kind of dribble drabble out for 214 00:13:46,200 --> 00:13:48,120 Speaker 3: a while until they don't have the votes, and so 215 00:13:48,160 --> 00:13:51,960 Speaker 3: we're going to move on to something else. So we 216 00:13:51,960 --> 00:13:56,240 Speaker 3: we don't ever seem to deal with our own problems. 217 00:13:57,679 --> 00:14:02,680 Speaker 3: We're like some sort of mental health pageent drug addict 218 00:14:02,840 --> 00:14:05,000 Speaker 3: that just keeps coming back to rehab and saying, oh, yeah, 219 00:14:05,000 --> 00:14:06,680 Speaker 3: I want to go back to rehab, and you last 220 00:14:06,679 --> 00:14:08,280 Speaker 3: about two days and you fall right back in the 221 00:14:08,320 --> 00:14:14,640 Speaker 3: same pattern, but on a larger, probably broader scale. The 222 00:14:14,960 --> 00:14:17,640 Speaker 3: whole Zoo affair or he a fair whichever one you 223 00:14:17,760 --> 00:14:20,840 Speaker 3: want to call him, shines light on just how these 224 00:14:21,000 --> 00:14:26,320 Speaker 3: unregulated bio labs are getting by with murder. You can 225 00:14:26,320 --> 00:14:29,200 Speaker 3: set up a lab or a bunch of sophisticated equipment, 226 00:14:29,680 --> 00:14:34,440 Speaker 3: even you know, have genetically engineered mice purchased without so 227 00:14:34,480 --> 00:14:38,800 Speaker 3: much as a driver's license or an ID. Don't need 228 00:14:38,840 --> 00:14:40,560 Speaker 3: an ID to vote. You don't need an ID to 229 00:14:40,600 --> 00:14:47,680 Speaker 3: get biologically engineered mice. The equipment, the reagents have become 230 00:14:47,720 --> 00:14:51,000 Speaker 3: steadily more affordable in recent years. Oh, there's the affital 231 00:14:51,360 --> 00:14:54,400 Speaker 3: We solved the affordability problem. You want to get some 232 00:14:54,480 --> 00:14:56,480 Speaker 3: genetically engineered mice. You want to buy a bunch of 233 00:14:56,560 --> 00:15:00,360 Speaker 3: lab equipment. Yeah, that's pretty you can do that. Professor 234 00:15:00,400 --> 00:15:05,520 Speaker 3: Richard Ebright of Rutgers says there are currently no zero 235 00:15:05,760 --> 00:15:11,880 Speaker 3: federal regulations or restrictions with force of law on the possession, handling, 236 00:15:12,040 --> 00:15:18,800 Speaker 3: or transferring of most viruses. So he's started a campaign 237 00:15:19,520 --> 00:15:24,320 Speaker 3: to stop the proliferation of risky virology Labs's I should 238 00:15:24,320 --> 00:15:26,760 Speaker 3: say started. He's actually been doing it for decades, but 239 00:15:26,880 --> 00:15:28,800 Speaker 3: now this is giving him the impetus to push for 240 00:15:28,840 --> 00:15:34,560 Speaker 3: even further. So three Congressmen Kevin rock, Kylie David Volado, 241 00:15:34,880 --> 00:15:38,120 Speaker 3: and Democrat Jim Costa have now introduced a bill that 242 00:15:38,160 --> 00:15:42,040 Speaker 3: would strengthen federal supervision of these highly pathogenic agents and 243 00:15:42,280 --> 00:15:49,040 Speaker 3: high high containment laboratories. But instead, that's a good start, 244 00:15:49,960 --> 00:15:51,920 Speaker 3: but a good start that should have been started, you know, 245 00:15:52,120 --> 00:15:56,120 Speaker 3: decades ago. Let your imaginations just run wild for a moment. 246 00:15:57,080 --> 00:16:01,760 Speaker 3: In a world where semi hostile governments are cutting underwater tables, 247 00:16:02,360 --> 00:16:07,280 Speaker 3: tapping telephones, spreading misinformation, conducting more or less open cyber 248 00:16:07,320 --> 00:16:10,720 Speaker 3: warfare on us, why would they not also be testing 249 00:16:10,760 --> 00:16:16,800 Speaker 3: ways to spread diseases among Americans? Now, certain organizations in 250 00:16:16,840 --> 00:16:20,800 Speaker 3: the world, say the Iranian Revolutionary Guard or al Qaeda, 251 00:16:21,840 --> 00:16:26,800 Speaker 3: or the North Korean government, they would only be extatic 252 00:16:27,200 --> 00:16:30,440 Speaker 3: to see the West brought to its knees by another pandemic. 253 00:16:31,320 --> 00:16:35,320 Speaker 3: Biological weapons they're cheaper, they're less traceable than nuclear missiles, 254 00:16:35,320 --> 00:16:38,160 Speaker 3: and unlike chemical weapons such as novchuk, they can spread 255 00:16:38,160 --> 00:16:41,480 Speaker 3: widely from a single introduction. So it would be child's 256 00:16:41,520 --> 00:16:44,240 Speaker 3: play to plan a pathogen in the population in a 257 00:16:44,280 --> 00:16:46,160 Speaker 3: way that could not be linked back to your government. 258 00:16:46,880 --> 00:16:51,560 Speaker 3: The Las Vegas House. Hence at the possibility that the 259 00:16:51,600 --> 00:16:54,440 Speaker 3: true nightmare we are facing may not be sophisticated by 260 00:16:54,520 --> 00:16:57,680 Speaker 3: a warfare teams in a top secret lab somewhere, but 261 00:16:57,760 --> 00:17:01,120 Speaker 3: a bunch of amateurs paid for by the China's Communist Party, 262 00:17:01,560 --> 00:17:04,840 Speaker 3: supported in a plausibly deniable way by malign governments such 263 00:17:04,840 --> 00:17:09,639 Speaker 3: as the CCP, spockpiling stuff from their garages so they 264 00:17:09,640 --> 00:17:11,879 Speaker 3: can go spill in shops or stadiums at just the 265 00:17:11,960 --> 00:17:16,399 Speaker 3: right opportunity moment. The pandemic has made this threat more 266 00:17:16,440 --> 00:17:20,040 Speaker 3: acute in two ways. It has demonstrated the power of 267 00:17:20,960 --> 00:17:25,520 Speaker 3: infectious viruses to cause chaos, even ones with low mortality. 268 00:17:26,400 --> 00:17:31,200 Speaker 3: But second, bizarrely, it has made the scientific community less willing, 269 00:17:31,760 --> 00:17:36,600 Speaker 3: not more willing, to face up to this threat. Every 270 00:17:36,800 --> 00:17:42,120 Speaker 3: relevant authority except those based in Beijing now agree that 271 00:17:42,160 --> 00:17:45,639 Speaker 3: COVID probably started with the lab leek. So now is 272 00:17:45,720 --> 00:17:48,159 Speaker 3: exactly the time you would expect the bad actors to 273 00:17:48,240 --> 00:17:52,359 Speaker 3: be exploring how to order biological reagents strains of pathogens 274 00:17:52,480 --> 00:17:55,040 Speaker 3: to test on mice. But you would expect governments to 275 00:17:55,040 --> 00:17:58,760 Speaker 3: be tightening regulations around those supply chains and closely monitoring 276 00:17:58,840 --> 00:18:00,959 Speaker 3: those who show interest in those product But they're not 277 00:18:01,040 --> 00:18:04,320 Speaker 3: doing anything but the really odd thing. I want to 278 00:18:04,359 --> 00:18:08,919 Speaker 3: leave you with the indifference of the CDC, because that 279 00:18:09,080 --> 00:18:13,240 Speaker 3: indifference is symptomatic of a general lack of interest among 280 00:18:13,359 --> 00:18:18,560 Speaker 3: governing bodies in these unlicensed or secret biological labs, and 281 00:18:18,760 --> 00:18:21,560 Speaker 3: very little attempt to step up the monitoring of who's 282 00:18:21,680 --> 00:18:26,520 Speaker 3: ordering what reagents and equipment, let alone regulating them. And 283 00:18:26,680 --> 00:18:29,600 Speaker 3: we're sitting here just going, oh, but do we have 284 00:18:29,640 --> 00:18:31,600 Speaker 3: a new ransom note? Do we dooey? 285 00:18:32,119 --> 00:18:36,280 Speaker 5: Hey, Michael, regarding the Nancy Guthrie case. Every time I've 286 00:18:36,320 --> 00:18:39,600 Speaker 5: been hearing this, all of the stuff that's going on. 287 00:18:41,160 --> 00:18:43,040 Speaker 1: Color me weird. But all I can. 288 00:18:42,880 --> 00:18:48,080 Speaker 5: Think of is John Vanna Ramsay, when an absolute cluster blank, 289 00:18:48,280 --> 00:18:49,600 Speaker 5: this this whole thing is. 290 00:18:51,800 --> 00:18:56,960 Speaker 3: Yeah, I think everybody involved it's been a total cluster. 291 00:18:58,480 --> 00:19:04,840 Speaker 3: I don't. I I just I don't. I'm not keeping 292 00:19:04,920 --> 00:19:07,400 Speaker 3: up with it, so I really can't speak to other 293 00:19:07,520 --> 00:19:16,320 Speaker 3: than it's yeah, that's all I'm not. I'm not. The 294 00:19:16,320 --> 00:19:18,119 Speaker 3: wheels are spinning, dragon, and I'm not going to go 295 00:19:18,119 --> 00:19:27,520 Speaker 3: down that path, not going to go down it. A 296 00:19:29,560 --> 00:19:32,399 Speaker 3: Now I'm sitting here trying to decide whether I really 297 00:19:32,400 --> 00:19:34,080 Speaker 3: want to say anything about that or not, and and 298 00:19:34,240 --> 00:19:36,600 Speaker 3: and I don't, So instead, let me let me find 299 00:19:36,600 --> 00:19:38,280 Speaker 3: where there was a story I wanted to do. 300 00:19:38,440 --> 00:19:41,600 Speaker 1: But you do because you're thinking about it, But you. 301 00:19:41,600 --> 00:19:44,040 Speaker 3: Do, well, maybe in a way I do, but I'm 302 00:19:44,040 --> 00:19:47,560 Speaker 3: not going to. I just I'm not going to do 303 00:19:47,600 --> 00:19:51,320 Speaker 3: it because I think it would be imprudent for me 304 00:19:52,000 --> 00:19:55,520 Speaker 3: to do that, very imprudent. So let me find there 305 00:19:55,560 --> 00:19:59,000 Speaker 3: was a SoundBite I wanted to use that I thought 306 00:19:59,000 --> 00:20:02,520 Speaker 3: you would find interest because the story behind it is 307 00:20:02,560 --> 00:20:05,919 Speaker 3: an example of how where is the stupid SoundBite that 308 00:20:05,960 --> 00:20:09,040 Speaker 3: I had? Now? Because I went back to see if 309 00:20:09,040 --> 00:20:13,879 Speaker 3: I can find something about that talkback regarding mss Guthriye, 310 00:20:13,880 --> 00:20:15,840 Speaker 3: and I now can't find that. So let me see 311 00:20:15,840 --> 00:20:18,879 Speaker 3: if I can find this particular one, and then we 312 00:20:18,920 --> 00:20:22,440 Speaker 3: will do that. This is where I freely admit that, yes, 313 00:20:22,520 --> 00:20:25,120 Speaker 3: I've lost the sound bite and I cannot find it 314 00:20:25,359 --> 00:20:28,119 Speaker 3: and it's driving me n So just sit down and 315 00:20:28,200 --> 00:20:30,560 Speaker 3: shut up while I try to find it. And it's 316 00:20:30,600 --> 00:20:32,560 Speaker 3: no longer in my bookmarks, and I don't know why 317 00:20:32,600 --> 00:20:34,160 Speaker 3: it's in my not in my bookmarks. 318 00:20:34,240 --> 00:20:36,560 Speaker 1: It's a wonder why people tuning into this show. 319 00:20:36,720 --> 00:20:38,880 Speaker 3: You know, they tune in for this very reason because 320 00:20:38,920 --> 00:20:40,960 Speaker 3: they can't wait for me to do something stupid like this. 321 00:20:41,960 --> 00:20:44,119 Speaker 3: Here it is you ready. 322 00:20:43,880 --> 00:20:46,320 Speaker 1: Now, it's odd and waiting for you? What are you doing? 323 00:20:46,440 --> 00:20:47,000 Speaker 3: Oh? Thank you? 324 00:20:47,000 --> 00:20:48,440 Speaker 1: It's a double click Michael. 325 00:20:48,280 --> 00:20:51,440 Speaker 6: Match between the average size of households and the average 326 00:20:51,480 --> 00:20:55,960 Speaker 6: size of a home is prompting experts to propose attacks 327 00:20:56,040 --> 00:21:00,040 Speaker 6: on spare bedrooms. New research from Cotality revealed a a 328 00:21:00,040 --> 00:21:02,719 Speaker 6: lot of Ustoting households is made up of just two people, 329 00:21:03,080 --> 00:21:06,760 Speaker 6: while the most common property is three bedrooms. It suggested 330 00:21:06,760 --> 00:21:09,439 Speaker 6: that a levy, along with the removal of stab duty, 331 00:21:09,800 --> 00:21:14,399 Speaker 6: may encourage shrinking families and empty nests to downsize, freeing 332 00:21:14,480 --> 00:21:15,160 Speaker 6: up supply. 333 00:21:16,200 --> 00:21:21,959 Speaker 3: Oh so in Australia they're considering this idea that maybe 334 00:21:22,000 --> 00:21:27,520 Speaker 3: we ought to tax extra bedrooms. This started back in 335 00:21:27,560 --> 00:21:32,399 Speaker 3: August of last year at Australia's Economic Reform Roundtable. A 336 00:21:32,480 --> 00:21:36,760 Speaker 3: company that does property analytics Cautality used to be core 337 00:21:36,800 --> 00:21:40,639 Speaker 3: Logic photo the idea of taxing spare bedrooms as a 338 00:21:40,680 --> 00:21:45,080 Speaker 3: housing supply solution. I just think we ought to consider 339 00:21:45,119 --> 00:21:47,880 Speaker 3: this here too. We ought to think about doing this here. 340 00:21:48,240 --> 00:21:51,680 Speaker 3: Tamer and I have some extra bedrooms that we're not using. 341 00:21:51,720 --> 00:21:55,399 Speaker 3: So taxes and taxes out the wallzoo and force us 342 00:21:55,400 --> 00:21:56,080 Speaker 3: to sell our home. 343 00:21:56,320 --> 00:21:58,760 Speaker 1: I want to know what they think a spare bedroom is, 344 00:21:58,800 --> 00:22:03,320 Speaker 1: because we don't have any spare bedrooms. I have two 345 00:22:04,280 --> 00:22:08,560 Speaker 1: empty rooms. But they're not spare. I use them for things. 346 00:22:10,400 --> 00:22:12,840 Speaker 3: What you hang extra coachs in the closet, extra clothes 347 00:22:12,880 --> 00:22:13,840 Speaker 3: in the closet. 348 00:22:13,680 --> 00:22:15,120 Speaker 1: Missus Redbeard's action figures. 349 00:22:15,320 --> 00:22:16,520 Speaker 3: Oh her action figures. 350 00:22:16,600 --> 00:22:18,600 Speaker 1: Okay, well the cats, the cats of the little catch. 351 00:22:18,800 --> 00:22:20,920 Speaker 3: Okay, well, maybe there'd be a loophole in the law 352 00:22:20,920 --> 00:22:25,760 Speaker 3: that would allow you to claim that they're occupied. Now, 353 00:22:25,840 --> 00:22:29,240 Speaker 3: this is not a law. The head of research, Eliza Owen, 354 00:22:29,400 --> 00:22:32,200 Speaker 3: pointed to data is showing that more than sixty percent. 355 00:22:32,680 --> 00:22:34,640 Speaker 3: I don't know what the number is for this country, 356 00:22:35,080 --> 00:22:39,159 Speaker 3: but in Australia, sixty percent of Australian households consists of 357 00:22:39,280 --> 00:22:43,120 Speaker 3: just one or two people, Yet the majority of homes 358 00:22:43,440 --> 00:22:49,720 Speaker 3: had three or more bedrooms. Okay, well, so what now? 359 00:22:49,760 --> 00:22:52,440 Speaker 3: This is not a government proposal. It's just a think 360 00:22:52,480 --> 00:22:57,280 Speaker 3: tank idea that the government is considering. But here's where 361 00:22:57,280 --> 00:23:01,560 Speaker 3: it gets messy. Some sources describe this as if it's 362 00:23:01,600 --> 00:23:05,520 Speaker 3: already an active policy, because they're already talking about the 363 00:23:05,640 --> 00:23:09,480 Speaker 3: rates zero point two five percent of property value per 364 00:23:09,520 --> 00:23:13,200 Speaker 3: empty bedroom. Then you would escalate that annually for every 365 00:23:13,240 --> 00:23:18,960 Speaker 3: year that you don't sell it. Now that's either speculative, fiction, hypothetical, modeling, 366 00:23:19,359 --> 00:23:22,080 Speaker 3: or maybe it's just outright misinformation, but there is no 367 00:23:22,119 --> 00:23:25,040 Speaker 3: such law actually does it right now, But they do 368 00:23:25,119 --> 00:23:32,480 Speaker 3: have a proposed mechanism one tax homeowners for underutilized bedrooms 369 00:23:32,600 --> 00:23:35,520 Speaker 3: based on property value. So dragon, I would argue that 370 00:23:35,640 --> 00:23:39,000 Speaker 3: just storing the action figures that's under utilization. Are the 371 00:23:39,040 --> 00:23:41,120 Speaker 3: action figures on shelves on. 372 00:23:41,080 --> 00:23:42,480 Speaker 1: The wall display? Yeah? 373 00:23:42,560 --> 00:23:44,919 Speaker 3: Yeah, see they're not on the bed, so you're wasting 374 00:23:44,920 --> 00:23:45,480 Speaker 3: all that space. 375 00:23:46,040 --> 00:23:48,800 Speaker 1: It's underutilized the other room by exercise equipment. 376 00:23:50,000 --> 00:23:52,159 Speaker 3: Is there a bed? Is there a bed in netroom? 377 00:23:52,240 --> 00:23:52,320 Speaker 1: No? 378 00:23:52,600 --> 00:23:55,960 Speaker 3: Okay, I would claim then that that's not under utilized space, 379 00:23:56,600 --> 00:23:58,520 Speaker 3: but the other one is, and you should be taxed 380 00:23:58,560 --> 00:23:58,840 Speaker 3: on it. 381 00:23:58,920 --> 00:24:01,639 Speaker 1: But it's occasionally used other family members that come to 382 00:24:01,640 --> 00:24:03,520 Speaker 1: town because there is a bed in there. 383 00:24:03,320 --> 00:24:07,560 Speaker 3: So but not all the time. Correct, So see you're 384 00:24:07,680 --> 00:24:11,240 Speaker 3: just and that and that also even though you may 385 00:24:11,440 --> 00:24:14,320 Speaker 3: shut the vents, close the door, turn the lights off, 386 00:24:14,640 --> 00:24:20,040 Speaker 3: nonetheless it's still consuming some of your utilities because you 387 00:24:20,119 --> 00:24:22,760 Speaker 3: got you know, that room gets colder, so the walls 388 00:24:22,800 --> 00:24:24,480 Speaker 3: get colder, so the other rooms have to warm up 389 00:24:24,480 --> 00:24:25,920 Speaker 3: a little bit more to take care of the cold. 390 00:24:26,080 --> 00:24:29,560 Speaker 3: I mean, it's you know, and they're still electricity that's 391 00:24:29,600 --> 00:24:32,040 Speaker 3: being fed to that bulb, so when you flip the switch, 392 00:24:32,280 --> 00:24:35,040 Speaker 3: it will turn on, so you know it's it's underutilized. 393 00:24:36,480 --> 00:24:43,160 Speaker 3: They claim that this will free up housing supply. Australia 394 00:24:43,240 --> 00:24:47,560 Speaker 3: is about two to three hundred thousand dwellings short of 395 00:24:48,119 --> 00:24:52,160 Speaker 3: what they need. Now, that doesn't add a single dwelling 396 00:24:52,280 --> 00:24:55,160 Speaker 3: because you're not creating supply. What you're doing is you're 397 00:24:55,200 --> 00:24:58,240 Speaker 3: reshuffling the deck chairs on the Titanic while pretending that 398 00:24:58,320 --> 00:25:02,160 Speaker 3: you built some new ship. Spare bedrooms, they claim, are 399 00:25:02,200 --> 00:25:07,440 Speaker 3: wasted space. Well, the central flaw is conflating under occupancy 400 00:25:07,880 --> 00:25:12,320 Speaker 3: with under utilization. These rooms, like dragons, serve as a 401 00:25:12,359 --> 00:25:15,719 Speaker 3: guest room for visiting family, or maybe a home office. Dragon. 402 00:25:15,800 --> 00:25:17,880 Speaker 3: You know dragon, could you know, well, you can really 403 00:25:17,880 --> 00:25:19,800 Speaker 3: do your job from home, but I could do the 404 00:25:19,920 --> 00:25:25,040 Speaker 3: job in an extra bedroom space for caregivers, equipment, stories, 405 00:25:25,160 --> 00:25:30,320 Speaker 3: exercise equipment, medical equipment, or it could accommodate a household 406 00:25:30,320 --> 00:25:33,080 Speaker 3: that might swell from two to five or six when 407 00:25:33,119 --> 00:25:38,919 Speaker 3: the grandkids visit. The spare bedroom is a statistical fiction. 408 00:25:39,680 --> 00:25:45,600 Speaker 3: It's spare until it isn't. So maybe it's like Schrodinger's cat, 409 00:25:45,680 --> 00:25:48,520 Speaker 3: it's it's dead, and it's not dead, it's it's underutilized, 410 00:25:48,560 --> 00:25:49,520 Speaker 3: and it is utilized. 411 00:25:49,600 --> 00:25:51,359 Speaker 1: At the same time, you get a text message, come 412 00:25:51,400 --> 00:25:53,399 Speaker 1: in here from three three one oh three, text Mic 413 00:25:53,480 --> 00:25:56,240 Speaker 1: or Michael, and they do Mike or Michael, tax on 414 00:25:56,320 --> 00:25:59,920 Speaker 1: spare bedrooms. Shut up, Mike or Michael. Don't give color 415 00:26:00,280 --> 00:26:03,840 Speaker 1: any more stupid ideas. They're all stocked up on stupid. 416 00:26:04,640 --> 00:26:04,840 Speaker 2: Yeah. 417 00:26:04,960 --> 00:26:09,240 Speaker 3: Well, I'm just girding your loins for the time that 418 00:26:09,320 --> 00:26:14,040 Speaker 3: this floats over from down Under to up here and 419 00:26:14,080 --> 00:26:17,000 Speaker 3: they decide that, holy cow, maybe we ought to start 420 00:26:17,040 --> 00:26:21,480 Speaker 3: taxing spare bedrooms. There's our chances to win that thousand 421 00:26:21,520 --> 00:26:23,359 Speaker 3: bucks coming up in the next five minutes thanks to 422 00:26:23,400 --> 00:26:27,640 Speaker 3: Mercedes Beans of Littleton Mercedes of Littleton dot com. 423 00:26:27,720 --> 00:26:29,400 Speaker 1: This is going to continue. 424 00:26:29,840 --> 00:26:36,440 Speaker 3: It's going to be unaffordable, unaffordable, unaffordable, unaffordable issues, unaffordable housings, unaffordable. 425 00:26:37,160 --> 00:26:39,840 Speaker 1: The government created this mess. 426 00:26:40,320 --> 00:26:44,879 Speaker 2: Now they're coming for your private housing rights. 427 00:26:45,200 --> 00:26:46,240 Speaker 1: That's what's going on. 428 00:26:46,680 --> 00:26:53,320 Speaker 2: They are coming for your house, They're coming for your home. 429 00:26:55,840 --> 00:26:59,400 Speaker 3: I tried to make it clear that this is an 430 00:26:59,440 --> 00:27:05,720 Speaker 3: Australia proposal because somebody's ears are clogged up and they 431 00:27:05,720 --> 00:27:11,560 Speaker 3: don't know how to listen to the program. Uh pseudo 432 00:27:11,680 --> 00:27:16,040 Speaker 3: Goober or the non Goober sixty one seventeen, rightes, Mike, 433 00:27:16,359 --> 00:27:20,160 Speaker 3: this is America, not Australia. Get off your high horse, Seaword. 434 00:27:20,640 --> 00:27:23,440 Speaker 3: He's a very good seaword. He's very very good to 435 00:27:23,440 --> 00:27:23,760 Speaker 3: see her. 436 00:27:23,920 --> 00:27:27,280 Speaker 1: Definitely an expert at it. He uses almost every every day. 437 00:27:27,240 --> 00:27:30,239 Speaker 3: Every text. It's the sea word. So get off your 438 00:27:30,280 --> 00:27:34,399 Speaker 3: high horse. Okay. I kind of like this chair. This 439 00:27:34,440 --> 00:27:37,280 Speaker 3: is higher chairs than the building and it's quite comfortable, 440 00:27:37,320 --> 00:27:39,399 Speaker 3: so I think I'll continue to use it. But I've 441 00:27:39,440 --> 00:27:42,320 Speaker 3: made it very clear that this is an Australian story. 442 00:27:42,320 --> 00:27:45,240 Speaker 3: But there's a lesson to be learned here, and the 443 00:27:45,359 --> 00:27:48,040 Speaker 3: lesson to be learned is to your point, this is 444 00:27:48,119 --> 00:27:52,119 Speaker 3: precisely what progress he's like to do, because the theory 445 00:27:52,280 --> 00:27:56,800 Speaker 3: is by doing this will force you to downsize your home, 446 00:27:57,760 --> 00:28:00,600 Speaker 3: and that will you know, downside your home by selling it, 447 00:28:00,960 --> 00:28:02,720 Speaker 3: and then that will open up the market. That will 448 00:28:02,720 --> 00:28:05,679 Speaker 3: flood the market with you know, new housing stock, and 449 00:28:05,800 --> 00:28:09,080 Speaker 3: there'll be so much that, although they don't really understand 450 00:28:09,080 --> 00:28:13,000 Speaker 3: supply and demand, that will increase the supply and therefore 451 00:28:13,280 --> 00:28:15,120 Speaker 3: the price of houses will go down, and where people 452 00:28:15,119 --> 00:28:18,000 Speaker 3: can buy a house and then the cycle will continue. 453 00:28:18,359 --> 00:28:20,080 Speaker 1: Not just sure if you've seen this email that we've 454 00:28:20,080 --> 00:28:24,560 Speaker 1: got from our associate junior producer Lachansky agent Jeda. He said, 455 00:28:24,600 --> 00:28:27,480 Speaker 1: the definition of a bedroom must include a closet. So 456 00:28:27,560 --> 00:28:29,919 Speaker 1: if you had a spare bedroom and wanted to avoid 457 00:28:29,960 --> 00:28:33,400 Speaker 1: the tax, just remove the door and or hinges, sliding 458 00:28:33,480 --> 00:28:36,320 Speaker 1: tracks and install some recess bookshelves and resulting in an 459 00:28:36,359 --> 00:28:38,360 Speaker 1: alcove and it's no longer a bedroom. 460 00:28:38,600 --> 00:28:41,160 Speaker 3: You can make it your library. There you go, Yeah, 461 00:28:41,240 --> 00:28:44,320 Speaker 3: make it your library works. Yeah, make it the library. 462 00:28:45,000 --> 00:28:48,160 Speaker 6: Between the average size of households and the average size 463 00:28:48,160 --> 00:28:52,480 Speaker 6: of a home is prompting experts to propose attacks on 464 00:28:52,640 --> 00:28:56,520 Speaker 6: spare bedrooms. New research from Cotality revealed a third of 465 00:28:56,560 --> 00:28:59,080 Speaker 6: US routing households is made up of just two people, 466 00:28:59,400 --> 00:29:03,080 Speaker 6: while the most common property is three bedrooms. It suggested 467 00:29:03,120 --> 00:29:05,760 Speaker 6: that a levy, along with the removal of stat duty, 468 00:29:06,120 --> 00:29:10,719 Speaker 6: may encourage shrinking families and empty nests to downsize, freeing 469 00:29:10,800 --> 00:29:11,480 Speaker 6: up supply. 470 00:29:11,960 --> 00:29:15,720 Speaker 3: See, if we just called it a levy levy instead 471 00:29:15,760 --> 00:29:18,920 Speaker 3: of a tax, it wouldn't be so painful, right, And 472 00:29:18,960 --> 00:29:20,560 Speaker 3: of course they wanted to claim that this is fair 473 00:29:20,600 --> 00:29:27,160 Speaker 3: housing reform. It's not its generational warfare disguise as policy cautalities. 474 00:29:27,240 --> 00:29:30,760 Speaker 3: Owens suggested that younger households should not bear the burden 475 00:29:30,800 --> 00:29:35,600 Speaker 3: of higher prices for housing that's utilized by older households, really, 476 00:29:36,320 --> 00:29:39,360 Speaker 3: because that kind of rhetoric pits generations against each other 477 00:29:39,440 --> 00:29:43,160 Speaker 3: while ignoring why seniors stay in their homes. Why do 478 00:29:43,280 --> 00:29:47,160 Speaker 3: old farts stay in their homes? Stability memories, the hope 479 00:29:47,200 --> 00:29:50,440 Speaker 3: of hosting grandchildren. And you're telling people who work forty 480 00:29:50,520 --> 00:29:53,160 Speaker 3: years and paid off a mortgage move or pay us 481 00:29:53,240 --> 00:30:01,160 Speaker 3: protection money. Huh. Tax disincentives already exists that prevents spare 482 00:30:01,240 --> 00:30:04,600 Speaker 3: room rentals. If you ran out part of your primary residence, 483 00:30:04,640 --> 00:30:08,560 Speaker 3: you triggered capital gains tax on sale calculated using the 484 00:30:08,600 --> 00:30:11,440 Speaker 3: gain over the entire ownership period, not just the rental period. 485 00:30:11,600 --> 00:30:13,880 Speaker 3: By a two hundred thousand rent for five years out 486 00:30:13,880 --> 00:30:16,680 Speaker 3: of forty years of ownership seale at three million, you 487 00:30:16,720 --> 00:30:20,160 Speaker 3: would pay a capital gains tax of five point forty 488 00:30:20,240 --> 00:30:23,080 Speaker 3: US on the two point eight million gain. So the 489 00:30:23,120 --> 00:30:25,880 Speaker 3: government already penalizes the behavior that they claimed to swat. 490 00:30:26,520 --> 00:30:32,680 Speaker 3: Now the UK tried this. There's the Australian scheme echoes. 491 00:30:32,720 --> 00:30:37,400 Speaker 3: The UK's bedroom tax, and that slashed housing benefits for 492 00:30:37,520 --> 00:30:41,760 Speaker 3: social housing tenants that had spare rooms. Now, in twenty nineteen, 493 00:30:42,320 --> 00:30:45,760 Speaker 3: the Supreme Court in the United Kingdom ruled that failing 494 00:30:46,000 --> 00:30:49,760 Speaker 3: to provide a bedroom for the partner of a severely 495 00:30:49,800 --> 00:30:54,880 Speaker 3: disabled tenant violated their human right to a home. So 496 00:30:55,000 --> 00:30:58,680 Speaker 3: you have a human right to housing. Of course, that 497 00:30:58,720 --> 00:31:01,840 Speaker 3: reveals that those policies are disproportionately harm the elderly and 498 00:31:01,840 --> 00:31:07,120 Speaker 3: the disabled. This is policy theater, the appearance of action 499 00:31:07,640 --> 00:31:10,800 Speaker 3: without the hard work of really trying to work on solutions. 500 00:31:11,320 --> 00:31:15,760 Speaker 3: Want to fix housing, build more houses, streamline the approval process, 501 00:31:16,000 --> 00:31:19,440 Speaker 3: reduce construction costs. Don't peer into my extra bedroom with 502 00:31:19,480 --> 00:31:23,080 Speaker 3: a tax cut tax calculator and call it reform. The 503 00:31:23,120 --> 00:31:27,160 Speaker 3: government counting bedrooms and private homes is exactly the kind 504 00:31:27,200 --> 00:31:30,600 Speaker 3: of micro management that would make George Orwell say, steady on. 505 00:31:30,920 --> 00:31:33,920 Speaker 3: That's a bit much, isn't it. But keep moving, keep moving, 506 00:31:34,280 --> 00:31:39,200 Speaker 3: and you're right. Democrats out the polop Bureau, Yeah, they're 507 00:31:39,240 --> 00:31:40,080 Speaker 3: not listening anyway.