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Speaker 1: Cable news is ripping us apart, dividing the nation, making

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Speaker 1: what is true and what is false. The good news

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Speaker 1: member today at breakingpoints dot com. Your hard earned money

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Speaker 1: the upcoming presidential election so we can provide unparalleled coverage

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Speaker 1: of what is sure to be one of the most

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Speaker 1: pivotal moments in American history. So what are you waiting for?

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Speaker 1: Go to Breakingpoints dot com to help us out. All right, guys,

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Speaker 1: we have some major heavening right now in real time

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Speaker 1: breaking news from our friends over there in the UK.

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Speaker 1: Prime Minister Liz Trust has just resigned after only six

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Speaker 1: weeks in office. She, of course, became Prime Minister after

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Speaker 1: Corus Johnson had to resign under pressure for a whole

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Speaker 1: series of scandals that he was involved in. And I've

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Speaker 1: been following this really close. I actually did a monologue

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Speaker 1: here on Liz Trust and her economic plan, what they

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Speaker 1: call a mini budget which had like eye watering tax

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Speaker 1: cuts for the rich, was so sort of doctrinaire that

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Speaker 1: even the you know, the sort of financial press, the

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Speaker 1: normal sort of like conservative economic people were like, what

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Speaker 1: are you doing? The British economy nearly collapsed pound plummeted,

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Speaker 1: created all these issues with their pension funds. The Bank

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Speaker 1: of England had to come in and basically bail them

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Speaker 1: out because the whole thing was in freeful. I mean,

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Speaker 1: they really came very close to the brink, especially because

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Speaker 1: as these pension funds were having to margin calls, they

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Speaker 1: were having to fire sale their assets, which was leading

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Speaker 1: to a potential contagent throughout the entire economy. So this

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Speaker 1: was a complete and total disaster. Her approval rating in

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Speaker 1: the last poll that I saw had plummeted to eight

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Speaker 1: percent eight percent, So even you know, people who were

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Speaker 1: more friendly towards the Tories, who you know sort of

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Speaker 1: like this ideological direction in general, were like, what the

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Speaker 1: hell are you doing? Lady? She has Then she then

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Speaker 1: had to reverse course. She fired a bunch of people,

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Speaker 1: she said, okay, we're not actually going to do this

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Speaker 1: trying to stabilize things, but obviously continued to be under

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Speaker 1: a lot of pressure and now we see she has

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Speaker 1: in fact resigned. This is the let's see, what are

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Speaker 1: they saying, shortest serving leader in British political history six

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Speaker 1: weeks on the job soccer. Yeah, I was trying to

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Speaker 1: actually think in my head, I'm like, who actually even

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Speaker 1: last as long? No, there's been some who only lasted

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Speaker 1: like one or two months, but yeah, six weeks, humiliating

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Speaker 1: fall from defeat. Just to reiterate that she essentially plunged

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Speaker 1: the economy me into complete chaos. She had to fire

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Speaker 1: several aspects of her our, several members of her cabinet,

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Speaker 1: the Chancellor of the Exchequer. Energy prices have been in

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Speaker 1: complete chaos. Yeah, we've decided to lift the cap. The

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Speaker 1: economies is literally in shambles and the Bank of England

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Speaker 1: had to bail them out. At the time when it's

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Speaker 1: getting colder across the UK, people are freaking out about

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Speaker 1: You know, a lot of people don't know this, but

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Speaker 1: in Britain most of them have adjustable rate mortgages. So

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Speaker 1: when interest rates jack up, well, all of a sudden

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Speaker 1: they're paying you know, seven eight percent or whatever interest

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Speaker 1: rates that they were not prepared for. On top of

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Speaker 1: inflation in energy, so they need some serious shock to

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Speaker 1: the system. And now, from what I've read, whoever comes

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Speaker 1: next this is going to be real tough because remember

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Speaker 1: there was a battle between her and a guy named

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Speaker 1: Rishi Snock in order to take over. He ended up

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Speaker 1: not being able to get the amount of support that

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Speaker 1: he needed. However, from what I've read that what's especially

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Speaker 1: chaotic right now is the energy situation because she actually

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Speaker 1: lost a vote just yesterday when her deputy Whip and

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Speaker 1: chief Whip actually resigned because they weren't able to deliver.

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Speaker 1: That's really what helped bring down the government. It showed

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Speaker 1: that the party was not behind her and her policy whatsoever,

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Speaker 1: which Sunac though he is ideologically a bit similar to

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Speaker 1: trust So are they going to go in that direction?

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Speaker 1: Are they going to go back to Boris? Honestly, that

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Speaker 1: seems very likely. The other thing is that if they're

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Speaker 1: unable to get a leader within a week, so according

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Speaker 1: to this, you know, from what I'm reading in her remarks,

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Speaker 1: she said that she will remain the PM for another

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Speaker 1: week until the Conservative Party can come up. So there

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Speaker 1: is going to be some massive jockeying. Well, and they're

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Speaker 1: under a lot there will be under a lot of

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Speaker 1: pressure to call it general election. You can't just like

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Speaker 1: stick different leaders in that no one's voting for and

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Speaker 1: have them make complete messes and think the public is

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Speaker 1: just going to like accept that. And now Labor which

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Speaker 1: was kind of like back on their heels leadis polling

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Speaker 1: has Labor Party with like a thirty point edge over

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Speaker 1: them now, which is also a really stunning turn of events.

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Speaker 1: And I mean, obviously this has all kinds of implicationations

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Speaker 1: for us. But you know, a couple things to think

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Speaker 1: about here. Adam Twos has been talking. He studies these

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Speaker 1: like polycrises, and he views what happened in the UK

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Speaker 1: as a potential warning sign for the rest of the world.

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Speaker 1: Why because our financial system is so complex and so interconnected,

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Speaker 1: both domestically and internationally that you know, no one really

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Speaker 1: saw coming that a drop in the pound and you know,

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Speaker 1: problems in their bond market would trigger such an issue

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Speaker 1: for these pension funds, and that you could have this

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Speaker 1: contagion that really no one saw coming because it is

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Speaker 1: all connected and so complicated in those ways. Well, right now,

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Speaker 1: obviously we're facing any number of global shocks to our

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Speaker 1: economic system, so He's basically raised the question of, like,

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Speaker 1: you know, this little crisis scenario we had playing out

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Speaker 1: in the UK, we could be seeing this happen over

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Speaker 1: and over again in places around the globe because of

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Speaker 1: these various economic shocks, you know, including the actions of

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Speaker 1: our own central bank, including the actions of central banks

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Speaker 1: around the world continuing to live interest rates. What is

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Speaker 1: that all got to do? It really underscores the fact

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Speaker 1: that it is a very dangerous situation. I think the

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Speaker 1: other thing in underscores is how stunningly unpopular this is.

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Speaker 1: I mean, she loves Margaret Thatcher. She is like, you know,

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Speaker 1: modeled herself. She'd Thatcher right to the core. She and

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Speaker 1: her cabinet extremely ideological and had this view of the

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Speaker 1: economy that was just like straight textbook like right wing

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Speaker 1: think tank neoliberal to the core. And it shows you

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Speaker 1: what a disaster those economics policies, when actually implemented, actually are,

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Speaker 1: and how incredibly unpopular they are as well. You know,

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Speaker 1: you had newspapers celebrating this budget when I kid, like,

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Speaker 1: finally a real Tory budget. All of this nonsense because

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Speaker 1: it was so hard, ideologically driven, and in the first days,

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Speaker 1: even as this crisis was unfolding. She wouldn't back down.

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Speaker 1: She went on BBC. She was defending it. She was

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Speaker 1: trying to blame all the problems on like, oh, it's

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Speaker 1: Putin's fault. It's really you know, it's really not it's

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Speaker 1: these other things that are going on around the world,

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Speaker 1: the war in Ukraine, et cetera, et cetera. And so finally,

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Speaker 1: you know, with her approval rating at eight percent and

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Speaker 1: her own party completely abandoning her, she is ultimately forced down.

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Speaker 1: This apparently came after a meeting with the chairman of

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Speaker 1: the nineteen twenty two committee, which knows how many Conservative

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Speaker 1: lawmakers have issued letters of no confidence in her leadership.

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Speaker 1: So clearly they have majority of the Conservative parties. Yeah,

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Speaker 1: issuing the letter of no confidence the leader of the

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Speaker 1: Labor Party, Ker Steimer. I'm probably saying that wrong. I'm sorry,

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Speaker 1: Ker Starmer. Here's Starmer, all right, let's go with that here.

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Speaker 1: Starmer said that they need to call a general election asap.

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Speaker 1: As to whether Conservative Party can even draw enough votes

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Speaker 1: to come to some sort of consensus and avoid this

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Speaker 1: remains totally unclear. So massive political upheaval as far as

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Speaker 1: Ukraine also, it does you know, Liz trust was frankly

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Speaker 1: even more hawkish on the strain foris Johnson. So yeah,

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Speaker 1: here nobody really knows from what I've read he had

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Speaker 1: declared what unrelenting support. At the same time time, the

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Speaker 1: Labor Left is a lot stronger than the Democratic Left

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Speaker 1: in this country in terms of their real pushback against

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Speaker 1: some of the Ukraine policy of the government. So how

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Speaker 1: that would work out in terms of for the geopolitical

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Speaker 1: situation it matters, but hey, it just shows you there's

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Speaker 1: always fortieth order consequences to wars, and that this appears

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Speaker 1: to be one of them, as it has in almost

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Speaker 1: every general and almost every European conflict to date. Shameless plug.

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Speaker 1: We're having Owen Jones, who's a British commentator on Crystal

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Speaker 1: colland Friends this week because I wanted to dig into

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Speaker 1: this crisis, which he calls the list Truster f Right,

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Speaker 1: and so it'd be a great time to talk to

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Speaker 1: him and really go in depth here. And you know,

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Speaker 1: he's on the left, so he'll have a lot of

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Speaker 1: insights into Cure Starmer and the Labor Party. Obviously, all

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Speaker 1: of these parties have different factions and tensions within them,

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Speaker 1: you know, the Corbonites, have been sort of like crushing away,

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Speaker 1: and the more centrist elements of the Labor Party have

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Speaker 1: been more ascendant recently, So we'll see what he thinks

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Speaker 1: this all ultimately means. But obviously incredible, shocking, quite historic

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Speaker 1: news out this morning. My personal favorite coda to all

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Speaker 1: of this is that the Daily Star had a live

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Speaker 1: stream whether a piece of lettuce would outlast Liz Trust,

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Speaker 1: and the lettuce actually won. To check out the live stream,

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Speaker 1: it was hilarious. They dressed it up and all that,

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Speaker 1: and today actually on the day that she resigned, they

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Speaker 1: had the lettuce with a wig on and keep calm

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Speaker 1: and carry on mug on top of some British riss.

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Speaker 1: I saw this picture on Twitter and I was like,

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Speaker 1: what the hell is it? To look into it? Apparently

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Speaker 1: somebody there was a cheeky comment and a column which

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Speaker 1: was like a piece of lettuce will outlast Prime Minister

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Speaker 1: Trust and it actually did. Backed so very rot I

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Speaker 1: love the Brits. We're going to get back to our show.

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Speaker 1: Let's do it. Good morning, everybody, Happy Thursday. We have

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Speaker 1: an amazing show for everybody today where we have Crystal. Indeed,

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Speaker 1: we do lots of big stories breaking this morning. Also,

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Speaker 1: by the way, it is nice to be back here.

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Speaker 1: Emilyen and Ryan did a wonderful job filling in for us,

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Speaker 1: but great to be back in the chair. Lots of

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Speaker 1: big news breaking this morning. First of all, there are

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Speaker 1: rolling blackouts being instituted across Ukraine, as Lensky telling Ukrainians

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Speaker 1: to conserve energy as much as possible after a bunch

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Speaker 1: of Russian strikes. We also have reported Russian evacuations from

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Speaker 1: one of those illegally annexed areas, Curson, so we'll tell

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Speaker 1: you about that. We also have big news from Biden

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Speaker 1: on these strategic petroleum reserve, trying to get gas prices

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Speaker 1: to go back down where they were and to stem

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Speaker 1: the you know, they've been going up and up and up.

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Speaker 1: So we'll get into all of that and what it means.

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Speaker 1: Some new news out of the swing states. Georgia has

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Speaker 1: early voting now in full effect and they have had

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Speaker 1: record breaking turnout is actually quite astonishing, not just on

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Speaker 1: the first day, also on the second day of early

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Speaker 1: in person voting. So what does that mean. We've got

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Speaker 1: some new polls. We also have Democrats increasingly throwing each

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Speaker 1: other under the bus and making excuses and trying to

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Speaker 1: set the narrative for why it is not looking so

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Speaker 1: good for them at this point, and also a mystery.

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Speaker 1: This morning, the FBI rated a prominent award winning journalists,

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Speaker 1: national security journalists, in sort of stunning fashion too. They

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Speaker 1: like rolled in super hard with big equipment and almost

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Speaker 1: like a tank. It was crazy situation. No one knows

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Speaker 1: exactly what's going on. So we'll tell you what we

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Speaker 1: do know about that. But before we get to any

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Speaker 1: of that, we wanted to say thank you so much

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Speaker 1: to Chicago. We had a great time. We had a really,

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Speaker 1: really good time. The crowd was awesome. I think that

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Speaker 1: the people who were there can attest that we really

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Speaker 1: tried to switch things up. As you guys saw, we

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Speaker 1: had a lot of visual elements. It was it was

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Speaker 1: much more of like a produced show. And I feel

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Speaker 1: really good about it. I think we've got a good

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Speaker 1: template for the future. You have to say, I think

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Speaker 1: we up to our game a little bit in this way.

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Speaker 1: I think we learned some things from Atlanta. Lanta was

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Speaker 1: amazing too, Yes, amazing, like super high energy crowd in

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Speaker 1: Atlanta too, and we added visual elements. We also figured

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Speaker 1: out the technology to have people be able to vote

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Speaker 1: on their phones from their seats, so it was cool.

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Speaker 1: Feedback was great, and like you said, I think we

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Speaker 1: figured out a lot of things for future shows as

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Speaker 1: well that really worked quite well. Absolutely. Okay, let's get

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Speaker 1: to the actual show. So what is going on. It's

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Speaker 1: been a while since we've been able to update everyone,

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Speaker 1: and quite a bit of things have changed on the

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Speaker 1: battlefield in terms of the most immediate news. Let's go

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Speaker 1: ahead and put this up there on the screen. Vladimir

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Speaker 1: Putin declaring martial law in the occupied regions of Ukraine.

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Speaker 1: There's been a lot made of this and it is

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Speaker 1: a pretty strange announcement. Essentially, what he's done is by

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Speaker 1: declaring martial law in the regions, he has actually given

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Speaker 1: the security forces there the power to soign, the power

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Speaker 1: in order to take over and evacuate the civilians from

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Speaker 1: what is going to be clearly a very very contested area.

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Speaker 1: So what this essentially does is it gives the Russia's

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Speaker 1: governors and these fake governors of these territories to quote,

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Speaker 1: maintain order, ensure supplies for the armed forces, aka be

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Speaker 1: able to take whatever you want from the civilian population

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Speaker 1: and protect critical infrastructure. By that meaning they can do

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Speaker 1: whatever they want. It's not like that wasn't already de

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Speaker 1: facto the case, but the fact that they had to

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Speaker 1: announce it does show that the situation here is dire.

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Speaker 1: Including by the way, what was missed in that announcement

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Speaker 1: by some people in the media is if you look

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Speaker 1: in Russian, something that Putin says is that not only

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Speaker 1: are we going to have martial law, but quote other

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Speaker 1: measures if necessary. Put this up there. So what do

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Speaker 1: those other measures actually mean? Well, they could include, but

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Speaker 1: not be limited to, sweeping censorship, wartime economic restrictions on

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Speaker 1: things like the free flow of goods, services, and funds

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Speaker 1: according to existing Russian law, which means that they can

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Speaker 1: seize whatever the hell they want. And we're moving closer, unfortunately,

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Speaker 1: really to almost a total war type situation, forced evacuations

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Speaker 1: of the civilians, total mobilization of at least the population

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Speaker 1: and its resources in that area, as Ukraine is making

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Speaker 1: very stunning advances. Intelligence coming out this morning claiming again

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Speaker 1: claiming this is from the US leaking of course to

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Speaker 1: the New York Times and other establishment media outlets, that

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Speaker 1: the advance on Curson actually could come before the fall

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Speaker 1: muddy season is far too muddy in order to make

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Speaker 1: any mobilization. We talked previously. November fifteen around then is

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Speaker 1: historically when snow begins to fall in earnest and make

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Speaker 1: it just completely unmovable in that area. So the window

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Speaker 1: is closing on both Russia's ability to defend its existing

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Speaker 1: territory and also on the Ukrainians ability to advance. So

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Speaker 1: I read like eighteen news articles about this, you know,

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Speaker 1: martial law imposition, and none of them really made any sense. Yeah,

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Speaker 1: Like it was so unclear because the one thing that's

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Speaker 1: the most clear is that martial law declared in these

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Speaker 1: four you know, illegally annexed territories. Okay, that's sort of

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Speaker 1: like the most definitive. But then there are these other

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Speaker 1: pieces of like the border regions in Russia, there's like

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Speaker 1: kind of sort of martial law. And then there's this

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Speaker 1: other provision that's like actually anywhere in Russia the governors

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Speaker 1: can impose these measures. So and I was trying to

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Speaker 1: make sense of this with our friend Agora, and he

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Speaker 1: was saying, basically, you know, this is classic putin. The

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Speaker 1: war's not really a war, it's a special mobilization. They

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Speaker 1: did a quarantine without calling it a quarantine, all these

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Speaker 1: sorts of things where it's it's squishy, it's ambiguous, it's vague,

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Speaker 1: it's not really clear what it means. It's not really

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Speaker 1: clear what the implications are. It's not really clear how

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Speaker 1: far they'll go. And so that's why when I was

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Speaker 1: reading all of these Western news media accounts, it was

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Speaker 1: so damn fuzzy to figure out what any of this means.

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Speaker 1: That's because it was intentionally made to be really unclear.

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Speaker 1: I mean, I think the things that we can say

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Speaker 1: for sure is, you know, this gives them sort of

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Speaker 1: more powers to crush descent is another thing. This enables

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Speaker 1: them to really shift those four illegally annexed territories into

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Speaker 1: full like mobilization in terms of their economy, and all

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Speaker 1: of those sorts of things, like you said, being able

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Speaker 1: to seize and do whatever they want in those regions.

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Speaker 1: The other regions, it's entirely less clear exactly what it means.

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Speaker 1: The potential path is that, you know, this is sort

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Speaker 1: of like the boiling the frog thing. You just keep

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Speaker 1: making these steps a little bit more and a little

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Speaker 1: bit more and a little bit more into full nationwide

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Speaker 1: war mobilization and that's sort of the fear of where

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Speaker 1: this is going on. Yeah, personally, I think that's just

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Speaker 1: inevitably where it's going to have to go, which is

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Speaker 1: that Moscow doesn't have the ability right now to quote

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Speaker 1: win the war in its current orientation. Ukraine obviously doing

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Speaker 1: stunningly better than anybody had previously thought. So what you

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Speaker 1: do you start with? You know, and this is where

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Speaker 1: you got to just really feel for the people who

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Speaker 1: live in these regions. They're being used as ponds, no

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Speaker 1: matter what, whether they're pro Russian or pro Ukrainian, Like

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Speaker 1: you're getting evacuated from your home and your entire your

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Speaker 1: entire area is being turned into effective battlefield wasteland. And

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Speaker 1: you know, as the war continues to move towards that

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Speaker 1: Russian border, which we'll get to in a little bit. Well, frankly,

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Speaker 1: it's a preview of what's to come possibly in Crimea,

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Speaker 1: all the border regions we're going to talk about, Belarus

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Speaker 1: and more so. Look, it's a bad, bad situation. And

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Speaker 1: on top of that, you know, Putin has still got

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Speaker 1: his domestic problems. After the draft. Obviously the you know,

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Speaker 1: the regime survived. But go ahead and put this up

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Speaker 1: there from Western journalists who are actually on the ground

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Speaker 1: in Moscow. They're like, hey, where the hell have all

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Speaker 1: the men in Moscow gone? Yeah, they're talking about visiting

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Speaker 1: places like barbershops and other bars and areas where men

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Speaker 1: used to frequent and they have seen a precipitous drop

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Speaker 1: and just the number of military age males who are

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Speaker 1: in the city. They've either fled or they are straight

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Speaker 1: up on the battlefield. And already we're seeing reports Crystal

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Speaker 1: that some of the people who have been drafted after

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Speaker 1: only two weeks of training. And we should be clear,

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Speaker 1: you know, the way that we think about the US

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Speaker 1: Army reserves, that is not what's happening here. The people

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Speaker 1: who got drafted are like people who did one year

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Speaker 1: of mandatory military service. Haven't picked up a rifle since

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Speaker 1: some of them not even threat according to the report. Right, yeah,

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Speaker 1: our guys, you know, they go I think it's like

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Speaker 1: once a month or something for training. Anyway, they're far

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Speaker 1: better equipped and far more manageable on the battlefield, and

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Speaker 1: they volunteered and they actually right, yeah, that's a whole

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Speaker 1: of it. But anyway, so the people were essentially just

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Speaker 1: thrust put a rifle in their hands, went through some

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Speaker 1: basic training. Already some of them are dead on the

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Speaker 1: battlefield in the East, and we're seeing increasing signs of fighting.

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Speaker 1: So look, no nation can survive this level of strife

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Speaker 1: without coming out the other end significantly changed. What that

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Speaker 1: looks like, I don't know, you know, is the Putin

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Speaker 1: regime and all that going to survive. But I think

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Speaker 1: that this martial law declaration in the East, in the

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Speaker 1: eastern part of Ukraine, is a preview of what will

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Speaker 1: come for total Russian society as the sanctions continue to

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Speaker 1: bite away, as the winter is going to approach, and

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Speaker 1: really just as the war continues to grind on. It

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Speaker 1: is you know, as much as we talk about in Ukraine,

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Speaker 1: you know, the domestic populace's ability to survive this and

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Speaker 1: continue either at support or you know, possible not revolution necessarily,

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Speaker 1: but riots and other areas of descent. It all just

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Speaker 1: becomes more and more likely. As the Kremlin continues to

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Speaker 1: double down, but no sign that they are abandoning doubling

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Speaker 1: down at every chance. Putin has decided to choose escalators. Well,

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Speaker 1: there is one sign that potentially they're moving the other direction,

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Speaker 1: which is they at least officially announced that this latest

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Speaker 1: mobilization is over right, that they've taken in all of

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Speaker 1: the conscripts that they plan to for this wave. Is

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Speaker 1: that true? Is it false? Who knows, But that's what

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Speaker 1: they're pitching to the public. I think in part because

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Speaker 1: there has been such upset and just mass exodus of men,

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Speaker 1: men who were in hiding domestically, men who have already

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Speaker 1: been shipped overseas already I mean not overseas into Ukraine,

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Speaker 1: men who are already dying on the battlefield. So you know,

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Speaker 1: there's at least an attempt to reassure the population, like, ah,

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Speaker 1: that's as far as we're going to go right now.

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Speaker 1: But yeah, the stories that are coming out of Moscow

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Speaker 1: also paint a portrait of, you know, a drafting process

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Speaker 1: that really focused on the people who were sort of

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Speaker 1: the most vulnerable. There are reports coming out of you know,

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Speaker 1: clearing out homeless shelters, going after men of military age

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Speaker 1: who were staying in hostels. So you get the idea

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Speaker 1: people who maybe don't have as much sort of roots

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Speaker 1: or connections, who they think could easily be sent and

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Speaker 1: have less blowback than the domestic population. We also covered

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Speaker 1: that story about how rural areas were really heavily targeted

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Speaker 1: where it's you know, it's more isolated. They're also fed

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Speaker 1: more direct they have nothing other than basically direct Russian

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Speaker 1: propaganda that they're fed. They're more impoverished, and so there

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Speaker 1: was an idea that you know, those would be populations

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Speaker 1: that would be easier to send as well. So that's

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Speaker 1: as best we can tell what's going on in Russia domestically,

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Speaker 1: but pretty stark. I mean, can you imagine being in

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Speaker 1: a city where just all of a sudden, like all

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Speaker 1: of the military age men are just gone. I mean,

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Speaker 1: some of the numbers is kind of funny, but it's

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Speaker 1: also really not funny. They talked about a local media

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Speaker 1: report that attendants at one of the largest strip clubs

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Speaker 1: in Moscow down by sixty percent, fewer security guards available

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Speaker 1: because they'd ever either been mobilized or fled. Lots of

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Speaker 1: business owners who even you know, those who decided like

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Speaker 1: we're going to stay because we've got a responsibility to

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Speaker 1: our employees or whatever. Now they're faced with the situation

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Speaker 1: where half of their workforce is gone, and so they

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Speaker 1: are struggling to continue their operations even though they had

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Speaker 1: decided to stay. Because so much of the population has

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Speaker 1: vanished for one reason or another. Yeah, bottom line, the

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Speaker 1: war is truly coming home to people in Moscow across

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Speaker 1: the country. And for the people who are in it,

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Speaker 1: they are not just in it, they are now seeing

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Speaker 1: their lives like more revocably changed than ever before. So

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Speaker 1: let's go ahead to the battlefield section here and let's

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Speaker 1: put this up there on the screen. This preview is

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Speaker 1: exactly what we were saying that the new commander of

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Speaker 1: the Ukrainian operation, the Air Force general who previously had

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Speaker 1: served in Syria, said that there is going to be

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Speaker 1: quote tense problems in Cerson Now there's no real way

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Speaker 1: to decipher this. Essentially, what he says is that it's

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Speaker 1: going to be tense and it will quote be not easy. Wow,

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Speaker 1: what exactly he's saying there is difficult. There's been a

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Speaker 1: lot of kremlinology in trying to analyze exactly what happened.

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Speaker 1: But in the first televised interview, he said the enemy

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Speaker 1: continually attempts to attack the positions of Russian troops and

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Speaker 1: he also said further actions and plans regarding the city

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Speaker 1: of Kersons will depend on the developing military tactical situation,

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Speaker 1: which is not easy we will act consciously in a

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Speaker 1: timely manner without ruling out difficult decisions. I mean, I

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Speaker 1: think that that is Kremlin speak for we might have

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Speaker 1: to abandon this place because we're getting our asset. And

430
00:21:54,840 --> 00:21:58,400
Speaker 1: I think really that appears to be the case, as

431
00:21:58,640 --> 00:22:02,240
Speaker 1: the Ukraine is continuing not only its forward operations, but

432
00:22:02,280 --> 00:22:05,760
Speaker 1: a lot of like shaping operations in terms of advances

433
00:22:05,800 --> 00:22:08,480
Speaker 1: on strategic villages and others from what I've been able

434
00:22:08,480 --> 00:22:11,119
Speaker 1: to read, and the opportunity is there for them to

435
00:22:11,200 --> 00:22:14,440
Speaker 1: retake the entire city, which would be just a tremendous

436
00:22:14,480 --> 00:22:18,280
Speaker 1: blow to the Russians, given that they not only recently

437
00:22:18,320 --> 00:22:21,560
Speaker 1: annex the territory, but you know, their seizure of the

438
00:22:21,600 --> 00:22:24,320
Speaker 1: city was hailed as like a massive victory. We covered

439
00:22:24,320 --> 00:22:26,240
Speaker 1: it at the time, you know, and so for them

440
00:22:26,480 --> 00:22:29,560
Speaker 1: to lose it so quickly, on top of the humiliating

441
00:22:29,600 --> 00:22:33,080
Speaker 1: defeats that they've already had after the conscription, it just

442
00:22:33,280 --> 00:22:36,960
Speaker 1: highlights the weakness. But also I think what it does highlight,

443
00:22:37,119 --> 00:22:39,640
Speaker 1: given what we seen this new commander do his track

444
00:22:39,640 --> 00:22:41,840
Speaker 1: record in Syria, is I think that they will fight

445
00:22:41,880 --> 00:22:44,359
Speaker 1: to the death, For I think they will lose a

446
00:22:44,359 --> 00:22:47,760
Speaker 1: tremendous amount of human life rather than suffer that humiliation.

447
00:22:47,920 --> 00:22:52,120
Speaker 1: So I think regardless, a bloody situation is afoot where

448
00:22:52,119 --> 00:22:54,000
Speaker 1: we're seeing. Yeah, there's no doubt about it. And it

449
00:22:54,119 --> 00:22:56,560
Speaker 1: just shows you the you know, absurdity of their idea

450
00:22:56,640 --> 00:22:59,639
Speaker 1: that they could like have these referendums and annex territories

451
00:23:00,080 --> 00:23:02,080
Speaker 1: have any sort of legitimacy. I mean, how are you

452
00:23:02,160 --> 00:23:04,359
Speaker 1: even a state when you can't tell your own people

453
00:23:04,560 --> 00:23:07,240
Speaker 1: where your national boundaries are. And so now they're trying

454
00:23:07,280 --> 00:23:09,360
Speaker 1: to finesse this say oh, you know, just like they've

455
00:23:09,400 --> 00:23:11,840
Speaker 1: done in other areas, like oh, we've got to regroup,

456
00:23:11,960 --> 00:23:14,600
Speaker 1: you know, that's the sort of language that they use. No,

457
00:23:14,920 --> 00:23:17,840
Speaker 1: you are very worried that you're about to lose this

458
00:23:18,000 --> 00:23:21,080
Speaker 1: area as well and get pushed even further back. It

459
00:23:21,080 --> 00:23:23,160
Speaker 1: will be a stunning defeat if it does, in fact happen,

460
00:23:23,200 --> 00:23:26,840
Speaker 1: because this was one of the first cities that Russia

461
00:23:26,920 --> 00:23:30,520
Speaker 1: was able to overtake and take control of after that

462
00:23:30,600 --> 00:23:34,440
Speaker 1: initial February twenty fourth invasion. So if Ukraine is able

463
00:23:34,480 --> 00:23:36,399
Speaker 1: to push them out of there, yeah, that would be

464
00:23:36,640 --> 00:23:39,000
Speaker 1: a stunning turn of events, no doubt about it. I

465
00:23:39,000 --> 00:23:41,920
Speaker 1: think something that you found crystal here in terms of

466
00:23:41,960 --> 00:23:45,639
Speaker 1: like Russian media watch is that in Russia they are

467
00:23:45,760 --> 00:23:47,679
Speaker 1: very angry. So let's go ahead and put this up

468
00:23:47,720 --> 00:23:50,320
Speaker 1: there on the screen. We have it cut as a voiceover.

469
00:23:50,359 --> 00:23:52,919
Speaker 1: It does have some subtitles who are watching. What they

470
00:23:52,960 --> 00:23:54,880
Speaker 1: say is here in the Curson region, things are bad.

471
00:23:54,960 --> 00:23:58,960
Speaker 1: During all these months, Ukrainian side has been systematically working

472
00:23:59,000 --> 00:24:01,840
Speaker 1: to cut off our from our supplier routes in the

473
00:24:01,880 --> 00:24:04,800
Speaker 1: area of the dam and in the area of a bridge.

474
00:24:04,960 --> 00:24:07,520
Speaker 1: And really, what you're just seeing here right now, logistics

475
00:24:07,520 --> 00:24:09,760
Speaker 1: for our forces are on the left bank. This is

476
00:24:09,800 --> 00:24:13,840
Speaker 1: an interview, are very complicated. Of course, they are being supplied.

477
00:24:14,359 --> 00:24:18,040
Speaker 1: And then he continues by using pontoon bridges and ferry crossings,

478
00:24:18,040 --> 00:24:21,000
Speaker 1: just highlighting a bad situation, saying there is no full

479
00:24:21,000 --> 00:24:24,600
Speaker 1: fledged connection between our forces and this creates the difficulties

480
00:24:24,760 --> 00:24:28,080
Speaker 1: for the Russian troops. And what this really does highlight

481
00:24:28,119 --> 00:24:31,080
Speaker 1: to us, Crystal, this entire interview, for those who just watch,

482
00:24:31,480 --> 00:24:34,600
Speaker 1: is that you're talking about an actual interview with forces

483
00:24:34,640 --> 00:24:36,239
Speaker 1: on the ground who are like, our supply lines are

484
00:24:36,240 --> 00:24:38,600
Speaker 1: a shit show. They're like, this is a disaster, and

485
00:24:38,600 --> 00:24:41,960
Speaker 1: this is actually being aired on Russian television. So for

486
00:24:42,119 --> 00:24:45,640
Speaker 1: this level of anger and disappointment of what's bleeding through

487
00:24:45,640 --> 00:24:48,280
Speaker 1: to the Russian population and on state controlled TV, let's

488
00:24:48,320 --> 00:24:51,040
Speaker 1: be very clear what's the real situation, like, I mean,

489
00:24:51,040 --> 00:24:53,600
Speaker 1: there's no way to know but to get this on

490
00:24:53,640 --> 00:24:57,680
Speaker 1: television and seemingly at least like sort of accurate retrayl

491
00:24:57,800 --> 00:24:59,840
Speaker 1: of what's going on. I mean, it's from his mouth,

492
00:25:00,000 --> 00:25:02,360
Speaker 1: you know, how can we doubt that? And he's being

493
00:25:02,359 --> 00:25:06,000
Speaker 1: interviewed on television, So for him to admit supply line

494
00:25:06,040 --> 00:25:10,120
Speaker 1: problems for the studio there, they're basically like, why were

495
00:25:10,160 --> 00:25:12,600
Speaker 1: we so wrong about this in the beginning, and why

496
00:25:12,600 --> 00:25:15,080
Speaker 1: did we believe that Zelenski would run that NATO would

497
00:25:15,080 --> 00:25:18,960
Speaker 1: not help. So, look, some criticism bleeding through, But as

498
00:25:18,960 --> 00:25:22,240
Speaker 1: we have warned from the beginning, criticism in Russia does

499
00:25:22,280 --> 00:25:25,479
Speaker 1: not mean that they necessarily want the Special military Operation

500
00:25:25,560 --> 00:25:27,920
Speaker 1: to end. They want a full fledged war, they want

501
00:25:27,960 --> 00:25:30,600
Speaker 1: more of the missiles raining down on Kiev. And every

502
00:25:30,640 --> 00:25:36,160
Speaker 1: time we've seen these little bits of dissent or accuracy

503
00:25:36,560 --> 00:25:40,920
Speaker 1: slip through, it's always been used to push and justify

504
00:25:41,240 --> 00:25:44,960
Speaker 1: more hawkish actions, more mobilization. That's where all of the

505
00:25:44,960 --> 00:25:48,200
Speaker 1: pressure continues to come from. So no one should be

506
00:25:48,280 --> 00:25:53,040
Speaker 1: under any illusion that what these Russian State TV propagandists

507
00:25:53,119 --> 00:25:55,760
Speaker 1: want here is let's withdraw and let's have peace. No,

508
00:25:55,920 --> 00:26:00,439
Speaker 1: what they use this accuracy in these reports and this

509
00:26:00,520 --> 00:26:04,520
Speaker 1: dismay over the state of the Special military operation quote

510
00:26:04,560 --> 00:26:09,120
Speaker 1: unquote is to push for further mobilization, war, brutal attacks

511
00:26:09,200 --> 00:26:11,040
Speaker 1: and some of the things that frankly they've already been

512
00:26:11,080 --> 00:26:13,520
Speaker 1: engaged in. Yeah. I mean, what it highlights, I think

513
00:26:13,640 --> 00:26:15,960
Speaker 1: is just how dire the situation is, and also the

514
00:26:16,240 --> 00:26:18,560
Speaker 1: straws that they're grasping at now in order to try

515
00:26:18,600 --> 00:26:21,000
Speaker 1: and change things strategically. It's put this up there on

516
00:26:21,040 --> 00:26:24,200
Speaker 1: the screen. Lots of lots of analysis on this, and

517
00:26:24,240 --> 00:26:27,480
Speaker 1: they're still very difficult to make of it. Essentially, the

518
00:26:27,520 --> 00:26:32,760
Speaker 1: Belarussian president Lukashenko was resisting previously being drawn directly into

519
00:26:32,840 --> 00:26:35,320
Speaker 1: the war, despite serving somewhat as a supply depot and

520
00:26:35,359 --> 00:26:38,320
Speaker 1: really like as a supporter of the war but in

521
00:26:38,400 --> 00:26:41,160
Speaker 1: name only with some limited amount of assistance. But now

522
00:26:41,440 --> 00:26:45,159
Speaker 1: Russian troops in Belarus are actually sparkling, fears of a

523
00:26:45,200 --> 00:26:48,640
Speaker 1: new front for Ukraine and pressure from Moscow is increasing.

524
00:26:48,720 --> 00:26:51,040
Speaker 1: Lukashenko really does you know, oh, a lot of his

525
00:26:51,119 --> 00:26:55,320
Speaker 1: political legitimacy to Putin and Belarus, the population how they feel.

526
00:26:55,520 --> 00:26:57,760
Speaker 1: There's no way to know in some of these autocratic countries,

527
00:26:57,800 --> 00:27:02,639
Speaker 1: but you know, former Russia Soviet Union, like some sympathy

528
00:27:02,960 --> 00:27:06,399
Speaker 1: between the populace and more. It's difficult to describe, but

529
00:27:07,200 --> 00:27:09,639
Speaker 1: essentially what they're saying is that the majority of the

530
00:27:09,680 --> 00:27:12,600
Speaker 1: public say that they don't want to join the conflict,

531
00:27:12,920 --> 00:27:15,640
Speaker 1: but that doesn't mean that they're averse to helping Putin

532
00:27:15,960 --> 00:27:19,040
Speaker 1: launch a new front in the war, which would really

533
00:27:19,400 --> 00:27:21,960
Speaker 1: require Ukraine to pull some of its troops out of

534
00:27:21,960 --> 00:27:24,199
Speaker 1: its offensive in the east and the south and have

535
00:27:24,280 --> 00:27:26,160
Speaker 1: to move back up to the north, which we saw

536
00:27:26,240 --> 00:27:29,400
Speaker 1: during Key. So it's possible we have not yet seen

537
00:27:29,400 --> 00:27:31,520
Speaker 1: the opening of said front. It could be that this

538
00:27:31,560 --> 00:27:34,159
Speaker 1: is a precursor to what we might see in the spring,

539
00:27:34,440 --> 00:27:36,520
Speaker 1: if we see a massing of troops there in a

540
00:27:36,560 --> 00:27:39,919
Speaker 1: new area to try and draw troops away and relieve

541
00:27:39,960 --> 00:27:41,879
Speaker 1: some of the pressure in the east and the south

542
00:27:42,040 --> 00:27:44,680
Speaker 1: to hold on the ground. But regardless, we do need

543
00:27:44,720 --> 00:27:47,399
Speaker 1: to watch this very closely, and I imagine that this

544
00:27:47,440 --> 00:27:48,879
Speaker 1: is going to be one of the most watched like

545
00:27:48,920 --> 00:27:53,480
Speaker 1: satellite pictures by US intelligence and EU and NATO intelligence

546
00:27:53,680 --> 00:27:55,760
Speaker 1: in the future. We have no idea the amount of

547
00:27:55,800 --> 00:27:58,560
Speaker 1: troops there that are there right now. They said that

548
00:27:59,080 --> 00:28:02,080
Speaker 1: Belarus has a seventy thousand strong army, which would constant

549
00:28:02,160 --> 00:28:04,439
Speaker 1: the base of the joint force, and there wouldn't be

550
00:28:04,480 --> 00:28:07,159
Speaker 1: any need to quote ask for ten to fifteen thousand

551
00:28:07,200 --> 00:28:10,040
Speaker 1: people from Russia. So that's not really that many people.

552
00:28:10,080 --> 00:28:13,840
Speaker 1: Now that analosis. Yeah, the analysis I saw, and listen,

553
00:28:13,920 --> 00:28:18,399
Speaker 1: I'm skeptical of every war analysis, every like, you know,

554
00:28:18,760 --> 00:28:22,400
Speaker 1: military analysis at this point because they've been so routinely wrong.

555
00:28:22,440 --> 00:28:25,639
Speaker 1: But every analysis I read was basically not thinking too

556
00:28:25,720 --> 00:28:30,960
Speaker 1: highly of the Belarussian military. However, if you have an

557
00:28:31,040 --> 00:28:34,359
Speaker 1: additional front that Russia is able to open up with

558
00:28:34,520 --> 00:28:37,440
Speaker 1: the help of Belarus, look, that just defacted. I mean,

559
00:28:37,440 --> 00:28:40,360
Speaker 1: that just stretches the Ukrainian force. Bodies bodies, right, bodies

560
00:28:40,360 --> 00:28:42,560
Speaker 1: are bodies. I mean, that's their whole calculus with this

561
00:28:43,000 --> 00:28:45,600
Speaker 1: mobilization of their own population is basically I mean a

562
00:28:45,680 --> 00:28:48,160
Speaker 1: cannon fodder. You know, it's just to put more bodies

563
00:28:48,240 --> 00:28:51,080
Speaker 1: on the front lines, to try to try to be

564
00:28:51,080 --> 00:28:52,640
Speaker 1: able to make up some of the ground and try

565
00:28:52,640 --> 00:28:54,920
Speaker 1: to be able to further stretch the Ukrainian forces. So

566
00:28:54,960 --> 00:28:57,440
Speaker 1: if they did open up another front. Obviously that would

567
00:28:57,480 --> 00:29:01,280
Speaker 1: create some challenges for Ukraine. The way this is portrayed,

568
00:29:02,200 --> 00:29:03,920
Speaker 1: at least you know, in this article and other ones

569
00:29:03,960 --> 00:29:06,040
Speaker 1: I read, it's basically like Lukashenko is kind of in

570
00:29:06,040 --> 00:29:09,640
Speaker 1: a bind because Putin and Russia really helped him overcome

571
00:29:09,680 --> 00:29:13,360
Speaker 1: this like mass wave of protests in Belarus that was

572
00:29:13,440 --> 00:29:16,600
Speaker 1: just a few years ago that the population is you know, they,

573
00:29:16,960 --> 00:29:19,760
Speaker 1: like you said, maybe like friendly towards sort of generally

574
00:29:19,800 --> 00:29:23,040
Speaker 1: helping Russia, but actually sending their own sons over to

575
00:29:23,120 --> 00:29:25,440
Speaker 1: fight and die. Listen, we see the way the Russian

576
00:29:25,440 --> 00:29:27,720
Speaker 1: people themselves reacted to that. So it would be no

577
00:29:27,920 --> 00:29:31,080
Speaker 1: surprise if politically this would be very difficult for him

578
00:29:31,080 --> 00:29:33,120
Speaker 1: to be able to navigate, which is part of why

579
00:29:33,160 --> 00:29:36,960
Speaker 1: I think you see him suggesting that Ukraine is trying

580
00:29:36,960 --> 00:29:40,080
Speaker 1: to draw them into the conflicts, suggesting they're plotting attacks

581
00:29:40,520 --> 00:29:45,000
Speaker 1: on Belarus directly to again try to justify some of

582
00:29:45,040 --> 00:29:47,360
Speaker 1: this with the domestic population of like, this is why

583
00:29:47,400 --> 00:29:49,360
Speaker 1: we have to get pulled into this thing ultimately, but

584
00:29:49,760 --> 00:29:53,600
Speaker 1: we'll see what ultimately unfolds. Totally impossible to say at

585
00:29:53,600 --> 00:29:56,560
Speaker 1: this point that's right, Okay. At the same time, Big

586
00:29:56,600 --> 00:29:59,160
Speaker 1: News actually just this morning out of Ukraine that they

587
00:29:59,240 --> 00:30:02,920
Speaker 1: are now in stituting rolling blackouts. Why because Russia has

588
00:30:03,000 --> 00:30:07,920
Speaker 1: hit critical energy infrastructure and really devastated their ability to

589
00:30:07,960 --> 00:30:11,959
Speaker 1: provide electricity and power for their nation. Let's go and

590
00:30:11,960 --> 00:30:14,480
Speaker 1: put this up on the screen. So this is from

591
00:30:14,600 --> 00:30:17,120
Speaker 1: a day ago, and this is from the Kiev Independent.

592
00:30:17,160 --> 00:30:20,440
Speaker 1: They say Zelenski does not rule out potential failure of

593
00:30:20,560 --> 00:30:23,719
Speaker 1: Ukraine's electricity system. Reason why, let's go ahead and put

594
00:30:23,760 --> 00:30:26,080
Speaker 1: this next piece up on the screen from the BBC.

595
00:30:26,120 --> 00:30:29,360
Speaker 1: It's because Russia has been targeting electricity infrastructure all across Ukraine,

596
00:30:29,640 --> 00:30:34,360
Speaker 1: causing major blackouts. So this number here, they say Zelenski

597
00:30:34,440 --> 00:30:37,240
Speaker 1: indicates at least thirty percent of Ukraine's power stations have

598
00:30:37,280 --> 00:30:40,720
Speaker 1: been destroyed as of this morning. The latest numbers say

599
00:30:40,760 --> 00:30:44,920
Speaker 1: at least forty percent of Ukraine's power stations destroyed. You

600
00:30:44,960 --> 00:30:48,440
Speaker 1: can imagine how devastating that is, and especially you know,

601
00:30:48,520 --> 00:30:50,840
Speaker 1: this is terrifying as they head into a very cold winter.

602
00:30:51,200 --> 00:30:52,760
Speaker 1: Are they going to be able to heat their homes?

603
00:30:52,760 --> 00:30:53,880
Speaker 1: Are they going to be able to do what they

604
00:30:53,920 --> 00:30:57,400
Speaker 1: need to do. He's asking the Ukrainians to conserve electricity,

605
00:30:57,680 --> 00:31:00,640
Speaker 1: use only the bare minimum of what they absolutely need,

606
00:31:01,000 --> 00:31:05,040
Speaker 1: and even with that conservation has had to institute blackouts

607
00:31:06,000 --> 00:31:08,720
Speaker 1: in uh He had also said contingency plans are being

608
00:31:08,760 --> 00:31:12,360
Speaker 1: made for tackling the consequences of additional attacks on Ukraine's

609
00:31:12,440 --> 00:31:16,760
Speaker 1: energy infrastructure, including in the case of the complete disabling

610
00:31:16,840 --> 00:31:20,400
Speaker 1: of the electricity grid. So it wasn't that long ago,

611
00:31:20,480 --> 00:31:23,760
Speaker 1: Sagar that you know, in Kiev, obviously things weren't back

612
00:31:23,800 --> 00:31:26,040
Speaker 1: to normal, but people were living a more or less

613
00:31:26,040 --> 00:31:28,480
Speaker 1: normal life, going out to parks, feeling a little bit

614
00:31:28,520 --> 00:31:31,000
Speaker 1: insulated from the absolute worst of you know, what the

615
00:31:31,000 --> 00:31:33,520
Speaker 1: early days of that war was for them and other

616
00:31:33,560 --> 00:31:36,640
Speaker 1: parts of the country as well. And now this has

617
00:31:36,720 --> 00:31:40,320
Speaker 1: been I think a deliberate attempt to you know, to

618
00:31:40,800 --> 00:31:43,960
Speaker 1: scare and potentially shake the resolve and shake the confidence

619
00:31:44,080 --> 00:31:47,600
Speaker 1: of the civilian population in Ukraine. Yeah, I mean no question,

620
00:31:47,720 --> 00:31:50,320
Speaker 1: which is already you're seeing rolling blackouts of up to

621
00:31:50,440 --> 00:31:52,440
Speaker 1: four hours and you know, I just went ahead and

622
00:31:52,440 --> 00:31:55,360
Speaker 1: looked up in the city of Kiev today the high

623
00:31:55,520 --> 00:31:58,280
Speaker 1: is forty three, Okay, So that is a it's a

624
00:31:58,400 --> 00:32:02,520
Speaker 1: rough situation. So listen to this. This is a temperature analysis.

625
00:32:02,720 --> 00:32:05,320
Speaker 1: The cold season in Ukraine lasts for three point eight

626
00:32:05,360 --> 00:32:08,560
Speaker 1: months from November eighteenth to March twelfth, with an average

627
00:32:08,800 --> 00:32:12,680
Speaker 1: high of thirty nine degrees. In January, the average low

628
00:32:12,800 --> 00:32:15,120
Speaker 1: is twenty one degrees and a high of thirty So

629
00:32:15,160 --> 00:32:18,160
Speaker 1: it's cold as hell in Ukraine. Not I've actually been

630
00:32:18,160 --> 00:32:20,640
Speaker 1: to not Ukraine, but the Baltic States in the middle

631
00:32:20,640 --> 00:32:23,160
Speaker 1: of the winter. It is black as night for a

632
00:32:23,280 --> 00:32:25,800
Speaker 1: large part of the day and it is cold as hell.

633
00:32:25,920 --> 00:32:28,680
Speaker 1: So I cannot imagine what it would be like to

634
00:32:28,760 --> 00:32:32,160
Speaker 1: have no heating. So you know, it's not the German situation.

635
00:32:32,440 --> 00:32:34,800
Speaker 1: It's far worse if you lose forty percent of your

636
00:32:34,800 --> 00:32:36,840
Speaker 1: infrastructure already. You know, this is one of the things

637
00:32:36,880 --> 00:32:39,080
Speaker 1: the Russians in a smart way, you know, to control

638
00:32:39,120 --> 00:32:42,360
Speaker 1: of those nuclear power plants, and by essentially occupying and

639
00:32:42,360 --> 00:32:44,640
Speaker 1: shelling the area, scared the hell out of anyone to

640
00:32:44,680 --> 00:32:46,840
Speaker 1: go even close to them, and so are cutting Ukraine

641
00:32:46,880 --> 00:32:49,320
Speaker 1: off from some of its critical energy supplies. On top

642
00:32:49,320 --> 00:32:52,120
Speaker 1: of that, those missile strikes does it appears have struck

643
00:32:52,200 --> 00:32:55,400
Speaker 1: a much bigger blow. Ukrainians initially said at first, they

644
00:32:55,400 --> 00:32:57,480
Speaker 1: were like, oh, we're back to normal, it's all good.

645
00:32:57,560 --> 00:32:59,719
Speaker 1: Now we're really seeing some of the damage that those

646
00:32:59,720 --> 00:33:04,720
Speaker 1: strips had and highlights exactly why Ukraine is scrambling right now.

647
00:33:04,920 --> 00:33:07,520
Speaker 1: They reached out to the Israelis just two days ago

648
00:33:07,560 --> 00:33:09,440
Speaker 1: and they're like, we need iron Dome right now. The

649
00:33:09,560 --> 00:33:12,400
Speaker 1: Ministry of Defense in Israel. And in a really interesting way,

650
00:33:12,440 --> 00:33:15,320
Speaker 1: by the way, Israel has not given any aid to Ukraine,

651
00:33:15,680 --> 00:33:18,160
Speaker 1: or at least meaningfully, and their Ministry of Defense and

652
00:33:18,240 --> 00:33:20,800
Speaker 1: we will Minister of Defense a quote, we will not

653
00:33:21,000 --> 00:33:24,560
Speaker 1: sell any weapons to Ukraine. Interesting how they don't get

654
00:33:24,560 --> 00:33:26,560
Speaker 1: any criticism of that. Yeah, right, you know we have

655
00:33:26,640 --> 00:33:30,000
Speaker 1: some amazing allies, don't. I really found out what great

656
00:33:30,080 --> 00:33:34,440
Speaker 1: allies we have during this war. Yeah, I mean, this

657
00:33:34,560 --> 00:33:39,000
Speaker 1: isn't going to These attacks on civilian energy infrastructure are

658
00:33:39,000 --> 00:33:43,720
Speaker 1: not necessarily going to like change the battlefield reality for Russia, right,

659
00:33:43,920 --> 00:33:47,200
Speaker 1: But they're a reminder that even as Russia continues to

660
00:33:47,600 --> 00:33:50,800
Speaker 1: lose position and continues to suffer defeats on the battlefield,

661
00:33:51,160 --> 00:33:54,360
Speaker 1: they can still inflict a whole lot of pain and

662
00:33:54,400 --> 00:33:57,480
Speaker 1: a whole lot of pain on the entire country. So, yeah,

663
00:33:57,520 --> 00:34:01,760
Speaker 1: if you're a Ukrainian facing down freezing cold winter and

664
00:34:02,040 --> 00:34:04,880
Speaker 1: you know, not sure whether you're going to have blackout

665
00:34:04,960 --> 00:34:07,160
Speaker 1: rolling blackouts, not sure whether you're going to have you know,

666
00:34:07,240 --> 00:34:11,480
Speaker 1: electricity knocked out altogether. Yeah, that's a terrifying situation, especially

667
00:34:11,480 --> 00:34:13,880
Speaker 1: if you have young children, especially if you are elderly,

668
00:34:14,040 --> 00:34:15,719
Speaker 1: especially if you are sick or in firm in any

669
00:34:15,760 --> 00:34:18,800
Speaker 1: sort of way. So it is a very frightening situation

670
00:34:18,920 --> 00:34:22,279
Speaker 1: for them right now. And there is a battlefield difficulty

671
00:34:22,320 --> 00:34:24,680
Speaker 1: for this as well. I mean they've been relying on

672
00:34:25,000 --> 00:34:28,400
Speaker 1: Elon Musk's starlink, so that's provided you know, a satellite

673
00:34:28,400 --> 00:34:30,320
Speaker 1: based and so that's more difficult for them to be

674
00:34:30,400 --> 00:34:35,279
Speaker 1: able to knock out. But other internet infrastructure and connectivity

675
00:34:35,280 --> 00:34:37,160
Speaker 1: has been down on a lot of the country as well,

676
00:34:37,239 --> 00:34:40,080
Speaker 1: so their sort of ability to communicate is hampered potentially

677
00:34:40,440 --> 00:34:44,399
Speaker 1: by these infrastructure attacks. So that's the latest of what's

678
00:34:44,440 --> 00:34:46,200
Speaker 1: going on there. But they are not the only ones

679
00:34:46,200 --> 00:34:48,839
Speaker 1: that are worried about their energy situation this winter. They

680
00:34:48,840 --> 00:34:52,520
Speaker 1: have the most dire situation. Let's be clear. Really weird

681
00:34:52,800 --> 00:34:56,479
Speaker 1: and very creepy and quite ominous dark story coming out

682
00:34:56,520 --> 00:34:58,319
Speaker 1: of the UK. Let's go and put this up on

683
00:34:58,360 --> 00:35:04,480
Speaker 1: the screen. So BBC has apparently prepared secret scripts for

684
00:35:04,640 --> 00:35:08,320
Speaker 1: possible use in winter blackouts. This is from the Guardian

685
00:35:08,680 --> 00:35:10,600
Speaker 1: and they got their hands on these scripts, they say

686
00:35:10,600 --> 00:35:14,320
Speaker 1: exclusive script set out how corporation will reassure public event

687
00:35:14,640 --> 00:35:18,440
Speaker 1: of major power loss. A reminder that BBC is a

688
00:35:18,480 --> 00:35:23,560
Speaker 1: government entity. Here BBC prepares scripts that could be read

689
00:35:23,560 --> 00:35:26,040
Speaker 1: on air if energy shortages caused blackouts of the loss

690
00:35:26,040 --> 00:35:28,960
Speaker 1: of gas supplies this winter. They set out how they

691
00:35:29,000 --> 00:35:33,520
Speaker 1: would reassure the public if internet access, banking systems, traffic lights,

692
00:35:33,600 --> 00:35:37,080
Speaker 1: mobile phones fail across England, Wales and Scotland. Apparently Northern

693
00:35:37,080 --> 00:35:39,920
Speaker 1: Ireland unaffected because they're electricity grid is shared with the

694
00:35:39,920 --> 00:35:43,279
Speaker 1: Republic of Ireland. Public would be advised to use car

695
00:35:43,400 --> 00:35:47,279
Speaker 1: radios or battery powered receivers to listen to emergency broadcasts.

696
00:35:47,880 --> 00:35:51,439
Speaker 1: One draft of these scripts says that the blackount could

697
00:35:51,480 --> 00:35:53,520
Speaker 1: last for up to two days, with hospitals and police

698
00:35:53,560 --> 00:35:57,200
Speaker 1: placed under quote extreme pressure. Another says the government has

699
00:35:57,400 --> 00:35:59,120
Speaker 1: set it hopes the power will be restored in the

700
00:35:59,120 --> 00:36:01,360
Speaker 1: next thirty six to four eight hours. Different parts of

701
00:36:01,360 --> 00:36:04,040
Speaker 1: Britain will start to receive interment and supplies before then.

702
00:36:05,400 --> 00:36:08,279
Speaker 1: You know, the reality of the situation right now is

703
00:36:08,280 --> 00:36:10,839
Speaker 1: also weird. Like they've talked about how the BBC would

704
00:36:10,840 --> 00:36:13,880
Speaker 1: go and broadcast from their Emergency Broadcasting Center, which is

705
00:36:13,920 --> 00:36:17,360
Speaker 1: in some rerural location that they won't acknowledge. Just very

706
00:36:17,520 --> 00:36:21,799
Speaker 1: ominous and creepy details here. Now. Politicians have been quick

707
00:36:21,840 --> 00:36:24,360
Speaker 1: to reassure this is nothing to worry about. We're not

708
00:36:24,400 --> 00:36:27,719
Speaker 1: going to face blackouts. We're ready for this. But independent

709
00:36:27,760 --> 00:36:32,279
Speaker 1: analysts are much more concerned. So on Monday, the head

710
00:36:32,320 --> 00:36:36,520
Speaker 1: of this organization called National Grid said that if everything

711
00:36:36,560 --> 00:36:39,719
Speaker 1: that could go wrong did go wrong, there could be

712
00:36:39,920 --> 00:36:42,959
Speaker 1: rolling blackouts between four and seven pm on really really

713
00:36:43,000 --> 00:36:46,000
Speaker 1: cold days in January and February when wind speeds are

714
00:36:46,040 --> 00:36:50,160
Speaker 1: too low to power turbines. The BBC's draft scenari suggest

715
00:36:50,239 --> 00:36:53,719
Speaker 1: in a national blackout, it would run their operations out

716
00:36:53,719 --> 00:36:57,160
Speaker 1: of that emergency broadcast center. So that's the reality of

717
00:36:57,200 --> 00:36:59,200
Speaker 1: what's going on there. It's sort of reminded me Sager.

718
00:36:59,360 --> 00:37:02,400
Speaker 1: Remember when you U work released that video of like

719
00:37:02,560 --> 00:37:05,439
Speaker 1: goot a video. We don't know how it happened, but

720
00:37:05,760 --> 00:37:08,879
Speaker 1: it's happened. There's a nuclear attack, here's what you need

721
00:37:08,920 --> 00:37:12,319
Speaker 1: to do, sort of similar dystopian vibes. Yeah, I look,

722
00:37:12,360 --> 00:37:13,840
Speaker 1: I don't know what to make of it. On the

723
00:37:13,880 --> 00:37:17,440
Speaker 1: one hand, you could listen. I think that it is

724
00:37:17,680 --> 00:37:20,279
Speaker 1: it is a very ominous sign that they felt the

725
00:37:20,320 --> 00:37:23,160
Speaker 1: need to prepare. They are doing this specifically on the

726
00:37:23,239 --> 00:37:25,759
Speaker 1: chance that Russia cuts off gas. I don't think they

727
00:37:25,760 --> 00:37:28,160
Speaker 1: make the script unless there's actually a chance. And so

728
00:37:28,520 --> 00:37:31,280
Speaker 1: look if you live in the UK or Germany or elsewhere,

729
00:37:31,320 --> 00:37:32,800
Speaker 1: and you know the UK is not even as reliant

730
00:37:32,800 --> 00:37:35,600
Speaker 1: on Russian gas, So if BBC is creating a Russian

731
00:37:35,640 --> 00:37:38,040
Speaker 1: gas blackout, you know script, I don't know what the

732
00:37:38,080 --> 00:37:40,760
Speaker 1: hell is going on in Germany. Deutsche Welk or whatever

733
00:37:40,800 --> 00:37:44,560
Speaker 1: the newspaper or whatever it's called, it will see. But

734
00:37:44,800 --> 00:37:47,000
Speaker 1: it's an ominous sign Christalin when you pair it with

735
00:37:47,040 --> 00:37:50,759
Speaker 1: the nord stream news. It's especially weird as it gets

736
00:37:50,840 --> 00:37:52,640
Speaker 1: colder across the corps. The one last thing to say

737
00:37:52,640 --> 00:37:55,640
Speaker 1: about this is not clear, you know, I mean the

738
00:37:55,680 --> 00:37:57,839
Speaker 1: BBC is saying, yeah, of course, we prepare all these

739
00:37:57,840 --> 00:38:00,640
Speaker 1: different scripts for all sorts of different contingentes, even if

740
00:38:00,680 --> 00:38:02,880
Speaker 1: their like Outland is sort of trying to downplay this.

741
00:38:03,120 --> 00:38:06,560
Speaker 1: Unclear whether they collaborated with the government on the drafting

742
00:38:06,600 --> 00:38:09,200
Speaker 1: of these scripts, which is another important question because as

743
00:38:09,239 --> 00:38:11,839
Speaker 1: I was indicating, there are some specifics here of like

744
00:38:12,000 --> 00:38:14,600
Speaker 1: quotes from the government and them reassuring say, oh, we'll

745
00:38:14,600 --> 00:38:17,040
Speaker 1: have it back on in two days, Like, how can

746
00:38:17,080 --> 00:38:20,000
Speaker 1: you know that at this point in terms of what

747
00:38:20,000 --> 00:38:22,840
Speaker 1: the government line would ultimately be. So anyway, that's the

748
00:38:22,920 --> 00:38:27,480
Speaker 1: latest from there. But we also do have some some

749
00:38:27,560 --> 00:38:32,879
Speaker 1: strange developments in terms of the Nordstream pipeline sabotage. And

750
00:38:33,360 --> 00:38:35,400
Speaker 1: this is another one where I don't know exactly what

751
00:38:35,480 --> 00:38:37,120
Speaker 1: to make of it, so we'll just give you the information.

752
00:38:37,200 --> 00:38:38,839
Speaker 1: You can make of it what you will. So first

753
00:38:38,880 --> 00:38:41,560
Speaker 1: of all, we have the first images which were taken

754
00:38:41,680 --> 00:38:46,359
Speaker 1: underwater of the area where the pipeline was damaged. Let's

755
00:38:46,360 --> 00:38:48,200
Speaker 1: go and put this up and I'll just sort of

756
00:38:48,239 --> 00:38:50,200
Speaker 1: try to narrate it as best as I can tell

757
00:38:50,239 --> 00:38:53,640
Speaker 1: what's going on here. So this is like officially sanctioned

758
00:38:53,640 --> 00:38:57,080
Speaker 1: by the Swedish government. Underwater camera. You can see like

759
00:38:57,160 --> 00:39:00,120
Speaker 1: this sort of pipe and then you see this red

760
00:39:00,280 --> 00:39:02,400
Speaker 1: area where there seems to have been you know, it

761
00:39:02,440 --> 00:39:04,160
Speaker 1: seems to be a big hole in it. That's the

762
00:39:04,200 --> 00:39:06,680
Speaker 1: best I can tell is like, yep, it's got a

763
00:39:06,680 --> 00:39:09,120
Speaker 1: big hole in it, and it looks like it would

764
00:39:09,120 --> 00:39:12,040
Speaker 1: be a whole that's very difficult to create without some

765
00:39:12,120 --> 00:39:16,600
Speaker 1: sort of you know, extremely powerful explosives ultimately being used.

766
00:39:16,960 --> 00:39:20,160
Speaker 1: The other part of this that you know, again I

767
00:39:20,200 --> 00:39:21,760
Speaker 1: don't know what to make of it. Let's go ahead

768
00:39:21,760 --> 00:39:24,800
Speaker 1: and put this up on the screen. Sweden has called

769
00:39:24,880 --> 00:39:30,080
Speaker 1: off a joint investigation team with Germany and Denmark into

770
00:39:30,080 --> 00:39:33,080
Speaker 1: the attacks on the nord stream pipelines, referring to information

771
00:39:33,239 --> 00:39:37,160
Speaker 1: that is too highly classified to share. I read a

772
00:39:37,239 --> 00:39:41,120
Speaker 1: Router's report about this as well, and they're trying to parse.

773
00:39:41,280 --> 00:39:44,240
Speaker 1: So Sweden did reject the plans for this formal joint

774
00:39:44,280 --> 00:39:47,000
Speaker 1: investigation team with Denmark and Germany that would require them

775
00:39:47,040 --> 00:39:50,440
Speaker 1: to basically share everything. Now they're saying, no, we're totally

776
00:39:50,480 --> 00:39:52,960
Speaker 1: collaborating with them, like we're totally working together with them

777
00:39:53,000 --> 00:39:56,360
Speaker 1: on the investigation. Don't worry about it. But they avoided

778
00:39:56,400 --> 00:39:59,960
Speaker 1: taking that sort of full official step that would require

779
00:40:00,000 --> 00:40:03,120
Speaker 1: I hire them to share everything. And they're again citing

780
00:40:03,760 --> 00:40:06,640
Speaker 1: this is because there's information in our investigation that is

781
00:40:06,640 --> 00:40:12,920
Speaker 1: subject to confidentiality directly linked to national security. So, you know,

782
00:40:13,239 --> 00:40:16,720
Speaker 1: one theory is basically like they don't really trust Germany,

783
00:40:16,719 --> 00:40:19,440
Speaker 1: and Germany just had to fire someone who they claimed

784
00:40:19,440 --> 00:40:21,439
Speaker 1: had you know, a government officially they claim had ties

785
00:40:21,480 --> 00:40:26,000
Speaker 1: to Russia. So that's one potential reason. The other reason

786
00:40:26,000 --> 00:40:29,800
Speaker 1: that people are floating is because basically we're somehow involved

787
00:40:30,239 --> 00:40:32,080
Speaker 1: and went to Sweden and were like, you need to

788
00:40:32,080 --> 00:40:34,480
Speaker 1: bury the evidence of this shit. That's the other theory

789
00:40:34,480 --> 00:40:37,880
Speaker 1: that I've seen floating. I'm not endorsing any of these theories. Listen,

790
00:40:38,200 --> 00:40:40,719
Speaker 1: I don't know. As I said in the beginning, I

791
00:40:40,719 --> 00:40:43,280
Speaker 1: think of the day of the attack Crystal, we were like, listen,

792
00:40:43,280 --> 00:40:45,840
Speaker 1: I'm not believing anything until I see some cold heart evidence.

793
00:40:45,880 --> 00:40:47,600
Speaker 1: So if you're not going to show us the evidence,

794
00:40:47,880 --> 00:40:49,920
Speaker 1: well I'm not really sure what to believe. I need

795
00:40:49,960 --> 00:40:53,960
Speaker 1: to see a video, some DNA evidence, like I need

796
00:40:54,000 --> 00:40:56,160
Speaker 1: to be able to examine it myself, otherwise I'm not

797
00:40:56,200 --> 00:40:59,760
Speaker 1: believing sit on. So, as I heard from the Western spinsters,

798
00:40:59,800 --> 00:41:02,600
Speaker 1: they like, this shows that it's so classified. There's no

799
00:41:02,719 --> 00:41:04,759
Speaker 1: way that we could show how we know. But I

800
00:41:04,760 --> 00:41:07,479
Speaker 1: don't see how that's even possible because all it would

801
00:41:07,480 --> 00:41:09,799
Speaker 1: take was a video and then you know if you

802
00:41:09,840 --> 00:41:12,960
Speaker 1: can claim so they have seismology evidence, like all you

803
00:41:13,040 --> 00:41:15,520
Speaker 1: need under We think it's not a secret that they're

804
00:41:15,600 --> 00:41:18,799
Speaker 1: underwater sensors. Every nation on Earth has them. Just be like, yeah,

805
00:41:18,800 --> 00:41:20,560
Speaker 1: we detected it coming out of the Russian area on

806
00:41:20,600 --> 00:41:22,840
Speaker 1: this day and then leaving on that day, if that,

807
00:41:23,000 --> 00:41:25,960
Speaker 1: if that's the case, but they refuse to share anything.

808
00:41:26,000 --> 00:41:28,360
Speaker 1: So I am inherently skeptical of all this, and I

809
00:41:28,360 --> 00:41:29,759
Speaker 1: think it just comes down to the fact that we

810
00:41:29,800 --> 00:41:32,360
Speaker 1: are never going to know, never blew up this pipeline. Yeah,

811
00:41:32,400 --> 00:41:35,040
Speaker 1: like I said, the spinscers I saw, the pro Western

812
00:41:35,080 --> 00:41:37,680
Speaker 1: spencer's I saw were basically like saying, Oh, it's because

813
00:41:37,680 --> 00:41:40,960
Speaker 1: they don't trust Germany, because Germany is too close to Russia. Yeah,

814
00:41:41,000 --> 00:41:42,879
Speaker 1: so that was that was the narrative that I thought,

815
00:41:43,280 --> 00:41:45,080
Speaker 1: if we can't trust the Germans, then, like I have

816
00:41:45,080 --> 00:41:47,959
Speaker 1: a lot of questions, we got Rider's situation over there,

817
00:41:48,160 --> 00:41:50,560
Speaker 1: very true, very true. So anyway, that's the very latest

818
00:41:50,600 --> 00:41:52,600
Speaker 1: yet we know, and as you said, Zager, we will

819
00:41:52,640 --> 00:41:57,560
Speaker 1: probably never know for sure what happened there. And it's

820
00:41:57,680 --> 00:42:00,600
Speaker 1: it's so hard because obviously the Russians already said what

821
00:42:00,640 --> 00:42:03,160
Speaker 1: they think it was US or uk or Ukraine, you know,

822
00:42:03,200 --> 00:42:07,640
Speaker 1: they think it was NATO. We have not actually directly

823
00:42:07,719 --> 00:42:11,160
Speaker 1: said that we think it's Russia. Biden sort of, you know,

824
00:42:11,200 --> 00:42:14,320
Speaker 1: through process of elimination, indicated that that's what we believe.

825
00:42:14,440 --> 00:42:17,000
Speaker 1: That we have not actually come out and said that.

826
00:42:17,120 --> 00:42:19,680
Speaker 1: But even if they did, like, would I believe them? No?

827
00:42:19,840 --> 00:42:21,319
Speaker 1: I mean I believe them as much as I believe

828
00:42:21,400 --> 00:42:23,880
Speaker 1: the Kremlins version of events. Yeah, no way to know.

829
00:42:26,560 --> 00:42:29,879
Speaker 1: All right, back to our regularly scheduled programming. Than Man,

830
00:42:29,920 --> 00:42:32,359
Speaker 1: there is just so much news today, it's amazing. Let's

831
00:42:32,400 --> 00:42:35,240
Speaker 1: put this up there on the screen. Yesterday, President Biden

832
00:42:35,320 --> 00:42:39,239
Speaker 1: announcing that fifteen million additional barrels from the US Emergency

833
00:42:39,239 --> 00:42:42,239
Speaker 1: Reserves and the Strategic Petroleum Reserve would be released and

834
00:42:42,280 --> 00:42:45,640
Speaker 1: may consider quote significantly more this winter in an effort

835
00:42:45,680 --> 00:42:48,480
Speaker 1: to ease high gas prices. It is the final tranch

836
00:42:48,520 --> 00:42:51,279
Speaker 1: of the SPR releases at the White House, authorized in

837
00:42:51,320 --> 00:42:54,720
Speaker 1: the spring for one hundred and eighty million barrels. Now,

838
00:42:54,840 --> 00:42:56,799
Speaker 1: the reason that this matters is that it's the end

839
00:42:56,960 --> 00:43:00,400
Speaker 1: of what was already authorized under executive order. As an

840
00:43:00,400 --> 00:43:03,280
Speaker 1: Abiden to tap the SPR even further, he would actually

841
00:43:03,280 --> 00:43:06,239
Speaker 1: have to issue a new guidance. Another issue, we're down

842
00:43:06,239 --> 00:43:09,040
Speaker 1: to almost four hundred and something barrel four hundred million

843
00:43:09,080 --> 00:43:11,719
Speaker 1: barrels that are in the SPR and re verging on

844
00:43:12,120 --> 00:43:15,040
Speaker 1: the territory of it's not full enough. Now, there's a

845
00:43:15,080 --> 00:43:17,520
Speaker 1: lot to say about this. Number one is an admission

846
00:43:17,560 --> 00:43:19,759
Speaker 1: by the Biden administration that all their policies so far

847
00:43:20,040 --> 00:43:22,200
Speaker 1: have really not worked all that well. And from what

848
00:43:22,280 --> 00:43:26,399
Speaker 1: I've read Crystal the spr is responsible for maybe up

849
00:43:26,400 --> 00:43:30,240
Speaker 1: to ten to fifteen percent drop sense for gas prices

850
00:43:30,280 --> 00:43:32,839
Speaker 1: over the last over the period. That's actually more than

851
00:43:32,960 --> 00:43:35,200
Speaker 1: I so thought to be honest. But this is why

852
00:43:35,480 --> 00:43:37,799
Speaker 1: it matters, which is that the full dollar or so

853
00:43:37,960 --> 00:43:42,800
Speaker 1: drop is actually almost entirely attributable to zero COVID from China.

854
00:43:42,920 --> 00:43:47,040
Speaker 1: So what it means is that Jijingping's idiocy as zero

855
00:43:47,080 --> 00:43:50,680
Speaker 1: COVID lockdowns is almost entirely responsible for any drop in

856
00:43:50,760 --> 00:43:54,080
Speaker 1: price whatsoever that they're still on and they're still going,

857
00:43:54,120 --> 00:43:57,200
Speaker 1: so you know, I guess continue doing that she so

858
00:43:57,239 --> 00:44:00,479
Speaker 1: that people can can drive for a slightly cheap here.

859
00:44:00,640 --> 00:44:04,080
Speaker 1: But what it underscores to me is that at even

860
00:44:04,160 --> 00:44:07,040
Speaker 1: now eight months into the crisis, they have not come

861
00:44:07,120 --> 00:44:10,640
Speaker 1: up with any real plan to have a meaningful drop

862
00:44:10,920 --> 00:44:14,040
Speaker 1: in price except for and I do want to reiterate this.

863
00:44:14,520 --> 00:44:17,239
Speaker 1: On top of the announcement for the fifteen million, they

864
00:44:17,280 --> 00:44:20,520
Speaker 1: announce something which is potentially significant. They said that we

865
00:44:20,560 --> 00:44:24,440
Speaker 1: will refill the Strategic Patroleum Reserve, specifically at a seventy

866
00:44:24,480 --> 00:44:27,480
Speaker 1: two dollars per barrel price. The reason that that matters

867
00:44:27,760 --> 00:44:30,840
Speaker 1: is that it assures production at a break even above

868
00:44:30,880 --> 00:44:33,640
Speaker 1: break even for the oil companies. So this is something

869
00:44:33,640 --> 00:44:35,839
Speaker 1: that if you'll remember, scon To Amarov came on our show.

870
00:44:36,080 --> 00:44:39,239
Speaker 1: This is a slight version of that plan where they're

871
00:44:39,280 --> 00:44:43,520
Speaker 1: giving forward certainty to the oil and gas industry, saying no, guys, like,

872
00:44:43,719 --> 00:44:45,960
Speaker 1: if you do verge onto the level where it's no

873
00:44:46,040 --> 00:44:49,040
Speaker 1: longer profitable, you should not shut down production because we

874
00:44:49,120 --> 00:44:51,960
Speaker 1: will buy that oil. It actually gives some stability to

875
00:44:52,000 --> 00:44:55,120
Speaker 1: the market. And that may seem ridiculous when you're staring

876
00:44:55,200 --> 00:44:58,480
Speaker 1: at oil prices that right now are quite elevated, but

877
00:44:59,480 --> 00:45:02,000
Speaker 1: we actually, for the first time in a while, have

878
00:45:02,080 --> 00:45:06,080
Speaker 1: had a tiny downtick in gas prices, and the reason

879
00:45:06,239 --> 00:45:08,839
Speaker 1: is because people are afraid of a global recession and

880
00:45:08,880 --> 00:45:12,359
Speaker 1: because demand is reducing as that recession starts to take

881
00:45:12,400 --> 00:45:15,760
Speaker 1: hold both here and around the world. So they're looking

882
00:45:15,760 --> 00:45:17,040
Speaker 1: at that and they're like, I don't know if I

883
00:45:17,080 --> 00:45:19,440
Speaker 1: should produce, if we should produce more, we could end

884
00:45:19,520 --> 00:45:21,960
Speaker 1: up getting screwed the way we did during COVID. So

885
00:45:22,080 --> 00:45:24,800
Speaker 1: that's why putting that sort of floor underneath the prices

886
00:45:25,000 --> 00:45:27,359
Speaker 1: could make a difference. The other thing they're considering here,

887
00:45:27,400 --> 00:45:29,680
Speaker 1: which I don't know why they haven't done it already,

888
00:45:29,719 --> 00:45:31,279
Speaker 1: and I don't know why they're still dragging their feet

889
00:45:31,320 --> 00:45:33,920
Speaker 1: around it, but they say they're weighing limits on exports

890
00:45:33,920 --> 00:45:36,600
Speaker 1: of fuel to keep more gasoline and diesel inside the US.

891
00:45:36,680 --> 00:45:39,160
Speaker 1: That's su coording sources. No timeline has been set yet

892
00:45:39,160 --> 00:45:41,879
Speaker 1: for a decision on that potentially more dramatic step, likely

893
00:45:41,960 --> 00:45:46,760
Speaker 1: won't happen before the midterm. So anyway, they clearly see

894
00:45:46,960 --> 00:45:49,160
Speaker 1: you know that they had a couple of irons in

895
00:45:49,200 --> 00:45:51,239
Speaker 1: the fire, you might say Biden made as a little

896
00:45:51,239 --> 00:45:54,640
Speaker 1: trip over to Saudi failed. Yeah, that clearly failed. That

897
00:45:54,640 --> 00:45:59,160
Speaker 1: one didn't work out. The Iran deal. Iran deal doesn't

898
00:45:59,160 --> 00:46:02,240
Speaker 1: seem to be coming to fruition as Iran is shipping

899
00:46:02,320 --> 00:46:05,160
Speaker 1: drones to Russia that you know, or they're using violently

900
00:46:06,320 --> 00:46:08,960
Speaker 1: on their own. Yeah, so that has complicated the situation

901
00:46:09,040 --> 00:46:11,239
Speaker 1: with regards to the Iran deal. The one thing that

902
00:46:11,280 --> 00:46:14,200
Speaker 1: they still have sort of like a live potential international

903
00:46:14,239 --> 00:46:17,080
Speaker 1: deal is with Venezuela. We covered here, of course how

904
00:46:17,160 --> 00:46:20,040
Speaker 1: there was an actual prisoner exchange which was quite remarkable

905
00:46:20,120 --> 00:46:23,440
Speaker 1: involving some oil execut US oil executives and some of

906
00:46:23,520 --> 00:46:27,680
Speaker 1: Maduro's relatives. Quite interesting, and there seems there's also been

907
00:46:27,960 --> 00:46:30,680
Speaker 1: a deal struck that could help to begin to eat

908
00:46:30,719 --> 00:46:34,320
Speaker 1: sanctions if they agree to talks, legitimate talks with the opposition.

909
00:46:34,480 --> 00:46:37,640
Speaker 1: So they're clearly trying to make some moves with Venezuela.

910
00:46:38,360 --> 00:46:41,160
Speaker 1: Now would that make a difference. It's so hard to say.

911
00:46:41,400 --> 00:46:44,400
Speaker 1: You know, the oil markets, as I've tried to explain before,

912
00:46:44,680 --> 00:46:47,440
Speaker 1: so much of it is really not based just on

913
00:46:47,520 --> 00:46:49,759
Speaker 1: pure like supply and demand and where does the curve meet.

914
00:46:50,120 --> 00:46:52,280
Speaker 1: So much of it, like all of our commodities markets,

915
00:46:52,280 --> 00:46:55,480
Speaker 1: and all of our markets are based around financialization. So

916
00:46:55,560 --> 00:46:59,879
Speaker 1: it's speculators guessing what other speculators are going to think

917
00:47:00,160 --> 00:47:03,839
Speaker 1: is going to be the results of these different actions. Venezuela,

918
00:47:04,120 --> 00:47:08,359
Speaker 1: their oil industry capacity has been severely degraded. There are

919
00:47:08,400 --> 00:47:10,239
Speaker 1: issues that you know more about I'll have to do

920
00:47:10,320 --> 00:47:13,040
Speaker 1: with like processing that particular kind of oil, that also

921
00:47:13,080 --> 00:47:16,120
Speaker 1: complicate the situation. But you know, you could see if

922
00:47:16,160 --> 00:47:18,960
Speaker 1: there was some sort of a more comprehensive Venezuela deal,

923
00:47:19,320 --> 00:47:21,640
Speaker 1: that there could be an effect in the market that

924
00:47:21,719 --> 00:47:24,000
Speaker 1: would you know, lower the price. We'll see if that

925
00:47:24,080 --> 00:47:26,480
Speaker 1: ultimately comes to bear. But you know, a lot of

926
00:47:26,520 --> 00:47:29,399
Speaker 1: their plans. The big move was to try to suck

927
00:47:29,480 --> 00:47:31,720
Speaker 1: up to Saudi Arabia, and that clearly did not amass

928
00:47:31,760 --> 00:47:33,840
Speaker 1: it backpart. That's what I just look at this and

929
00:47:33,840 --> 00:47:35,560
Speaker 1: I'm like, what a failure. You had six you had

930
00:47:35,600 --> 00:47:39,400
Speaker 1: eight months to get something done, and guess what, not

931
00:47:39,719 --> 00:47:41,920
Speaker 1: one of them has worked out, even Venezuela. Look, if

932
00:47:41,920 --> 00:47:43,560
Speaker 1: this is the crisis that we believe it is, I

933
00:47:43,600 --> 00:47:47,399
Speaker 1: believe it, and the President Biden is diplomacy should take much.

934
00:47:47,480 --> 00:47:49,879
Speaker 1: It should. That prisoner swap should have happened months ago,

935
00:47:50,040 --> 00:47:52,600
Speaker 1: and then we should have had oil flowing almost immediately.

936
00:47:52,640 --> 00:47:55,279
Speaker 1: But the truth is is that we have basically the

937
00:47:55,360 --> 00:47:57,680
Speaker 1: exact same level of production as we did when this

938
00:47:57,719 --> 00:48:01,000
Speaker 1: war started. That's a catastrophe either here at home the

939
00:48:01,080 --> 00:48:03,400
Speaker 1: refinery choke points. You know, I was looking at what

940
00:48:03,440 --> 00:48:06,400
Speaker 1: you said because I'm a huge proponent of locking down

941
00:48:06,440 --> 00:48:09,960
Speaker 1: our oil and infrastructure and limiting exports. Here's the issue, Crystal.

942
00:48:10,040 --> 00:48:12,480
Speaker 1: If we do that, we don't have enough refinery capacity

943
00:48:12,560 --> 00:48:15,000
Speaker 1: at home, and so that means that we would effectively

944
00:48:15,040 --> 00:48:18,000
Speaker 1: be cutting off export of our oil and the people

945
00:48:18,040 --> 00:48:19,839
Speaker 1: abroad would be like, okay, well then we will give

946
00:48:19,840 --> 00:48:22,080
Speaker 1: you any of our refined oil. Guess what, we don't

947
00:48:22,120 --> 00:48:25,160
Speaker 1: have enough refinery capacity to refine even our own oil,

948
00:48:25,320 --> 00:48:27,279
Speaker 1: which means a price would only go up to six

949
00:48:27,360 --> 00:48:29,760
Speaker 1: dollars a gallon. We are screwed in almost every way

950
00:48:30,000 --> 00:48:32,759
Speaker 1: because we have no infrastructure, we have no proper we

951
00:48:32,800 --> 00:48:35,560
Speaker 1: have no proper plan. And right now everyone should get

952
00:48:35,560 --> 00:48:37,600
Speaker 1: on their hands and knees and pray that the Chinese

953
00:48:37,600 --> 00:48:39,959
Speaker 1: continue to remain the idiots that they are by locking

954
00:48:40,040 --> 00:48:42,479
Speaker 1: down hundreds of millions of our own people. Like I said,

955
00:48:42,600 --> 00:48:45,520
Speaker 1: I mean, the really sad thing is the most likely

956
00:48:45,560 --> 00:48:49,439
Speaker 1: scenario under which gas prices fall is we fall into

957
00:48:49,440 --> 00:48:51,560
Speaker 1: a severe recession. Yeah right, I mean then you have

958
00:48:51,640 --> 00:48:54,200
Speaker 1: gas bards to come down. Yeah, that'll work. What a

959
00:48:54,239 --> 00:48:57,759
Speaker 1: horrific price to pay. So that's kind of the state

960
00:48:57,760 --> 00:49:01,480
Speaker 1: of affairs. Obviously not lost on anybody that the move,

961
00:49:01,520 --> 00:49:03,920
Speaker 1: with this latest move with the SBR is coming very

962
00:49:03,960 --> 00:49:06,000
Speaker 1: shortly before a min terms that we're going to get

963
00:49:06,040 --> 00:49:08,920
Speaker 1: into in a minute, but where democratic chances are looking

964
00:49:09,000 --> 00:49:13,279
Speaker 1: increasingly dicey. They're getting asked about exactly that. Let's take

965
00:49:13,280 --> 00:49:18,120
Speaker 1: a listen, politically motivated sir before the big terms. Look,

966
00:49:18,280 --> 00:49:21,240
Speaker 1: it makes sense. I've been doing this for how long now.

967
00:49:22,440 --> 00:49:25,879
Speaker 1: It's not politically motivated at all. It's motivated to make

968
00:49:25,960 --> 00:49:28,440
Speaker 1: sure that I continue to push on what I've been

969
00:49:28,440 --> 00:49:32,200
Speaker 1: pushing on, and that is making sure there's enough oil

970
00:49:32,480 --> 00:49:36,399
Speaker 1: that's being pumped by the companies so that we have

971
00:49:36,520 --> 00:49:39,279
Speaker 1: the ability to be able to produce enough GUS that

972
00:49:39,320 --> 00:49:42,839
Speaker 1: we need here at home. Oil we need here at home. Yeah. Sure,

973
00:49:42,920 --> 00:49:46,680
Speaker 1: it has nothing to do with that. I mean, listen, well, listen,

974
00:49:46,719 --> 00:49:49,200
Speaker 1: I mean, here's my thing. This critique sort of annoys

975
00:49:49,239 --> 00:49:51,759
Speaker 1: me because I'm like, actually, it's a good thing when

976
00:49:51,800 --> 00:49:54,520
Speaker 1: politicians try to do things that are good and popular

977
00:49:54,560 --> 00:49:57,080
Speaker 1: for people. There's this whole narrative around like always trying

978
00:49:57,080 --> 00:49:59,239
Speaker 1: to buy votes. It's like, I wish more politicians would

979
00:49:59,239 --> 00:50:02,000
Speaker 1: try to buy votes more often, and I wish Biden

980
00:50:02,000 --> 00:50:04,799
Speaker 1: would try harder to buy more people's votes. At this point,

981
00:50:04,880 --> 00:50:07,359
Speaker 1: we'll get into that more in the midterms. But yeah,

982
00:50:07,400 --> 00:50:09,120
Speaker 1: I mean, clearly they see the writing on the wall.

983
00:50:09,200 --> 00:50:13,919
Speaker 1: Gas prices are in real you know effects in terms

984
00:50:13,960 --> 00:50:17,200
Speaker 1: of working class wall. It's really devastating, really important people

985
00:50:17,280 --> 00:50:19,520
Speaker 1: have to commute to work. Makes a huge difference and

986
00:50:19,520 --> 00:50:22,000
Speaker 1: there's also a massive psychological toll when you see them

987
00:50:22,040 --> 00:50:23,960
Speaker 1: going up and up and up, And I really do

988
00:50:24,040 --> 00:50:27,319
Speaker 1: think it in terms of economic indicators, it's almost the

989
00:50:27,440 --> 00:50:31,200
Speaker 1: most important one. In terms of political fortunes. The Saudis

990
00:50:31,200 --> 00:50:33,680
Speaker 1: know that, I mean, that's they don't like Biden. They

991
00:50:33,680 --> 00:50:36,240
Speaker 1: want Trump and the Republicans back, and they have decided,

992
00:50:36,320 --> 00:50:38,879
Speaker 1: you know, that's certainly part, if not a large part

993
00:50:38,920 --> 00:50:41,719
Speaker 1: of their calculation, saying like good luck, good luck in

994
00:50:41,760 --> 00:50:44,160
Speaker 1: November Biden. Let's put the gas price map up on

995
00:50:44,160 --> 00:50:46,640
Speaker 1: the screen there so you can see exactly where it's still,

996
00:50:46,800 --> 00:50:49,200
Speaker 1: you know, at three p eighty three a gallon, so

997
00:50:49,600 --> 00:50:52,640
Speaker 1: a little bit less, but not continuing to go down,

998
00:50:52,719 --> 00:50:56,640
Speaker 1: and it's hovering right around that psychological four mark in California,

999
00:50:56,800 --> 00:50:59,440
Speaker 1: still five dollars and eighty cents. West coast continues to

1000
00:50:59,440 --> 00:51:02,239
Speaker 1: get hammered with above five dollars gas. I think the

1001
00:51:02,239 --> 00:51:04,719
Speaker 1: only place in the West with below five is like

1002
00:51:04,880 --> 00:51:08,200
Speaker 1: Utah and Arizona, Illinois, also where we recently were. We

1003
00:51:08,200 --> 00:51:10,080
Speaker 1: made a joke about this in our Chicago live show.

1004
00:51:10,160 --> 00:51:12,440
Speaker 1: I was like, what a disaster. There's some really high

1005
00:51:12,560 --> 00:51:15,640
Speaker 1: gas prices, especially in the city of Chicago. The point

1006
00:51:15,680 --> 00:51:18,160
Speaker 1: is is that as we get closer and closer to

1007
00:51:18,200 --> 00:51:20,560
Speaker 1: the midterms, and we'll talk about this in a little bit,

1008
00:51:20,760 --> 00:51:22,920
Speaker 1: it's just clear that a lot of the fundamentals are

1009
00:51:22,920 --> 00:51:26,400
Speaker 1: coming to are really just coming to the very forefront,

1010
00:51:26,520 --> 00:51:29,160
Speaker 1: and some of the Democrats peaked too early. You know.

1011
00:51:29,160 --> 00:51:30,799
Speaker 1: I saw an article in New York Times It's like

1012
00:51:30,840 --> 00:51:34,680
Speaker 1: DEM's brace for red October. All the betting markets are

1013
00:51:34,719 --> 00:51:36,960
Speaker 1: moving in the direction of the red wave. There's even

1014
00:51:37,000 --> 00:51:39,879
Speaker 1: talk about like Colorado being up for graat. Now, look,

1015
00:51:39,960 --> 00:51:41,680
Speaker 1: maybe all of that is just as much cope as

1016
00:51:41,719 --> 00:51:47,080
Speaker 1: seventeen points for Trump in Wisconsin ahead sorry, seventeen points

1017
00:51:47,120 --> 00:51:50,560
Speaker 1: for Biden in Wisconsin ahead of the election. But point is,

1018
00:51:50,600 --> 00:51:54,160
Speaker 1: almost every indicator there is has always predicted a very

1019
00:51:54,280 --> 00:51:57,720
Speaker 1: large Republican victory. Some of these idiot candidates and others

1020
00:51:57,920 --> 00:52:00,759
Speaker 1: not necessarily doing anything to help, but they are being

1021
00:52:00,760 --> 00:52:04,200
Speaker 1: bolstered by one of the most favorable environments in modern

1022
00:52:04,280 --> 00:52:08,040
Speaker 1: political history, and gas is just a fundamental part of that.

1023
00:52:08,120 --> 00:52:10,560
Speaker 1: So Biden doing himself no favors, But didn't I just

1024
00:52:10,560 --> 00:52:12,360
Speaker 1: be like, yeah, look, I'm trying to help people and

1025
00:52:12,400 --> 00:52:15,200
Speaker 1: show that this Democratic administration is doing everything they possibly

1026
00:52:15,239 --> 00:52:17,440
Speaker 1: can yeah, and remind them before the mid just say it,

1027
00:52:17,719 --> 00:52:20,200
Speaker 1: Just say I don't think there'll be any any real consequence.

1028
00:52:20,239 --> 00:52:22,080
Speaker 1: People will be like, okay, as long as I pay less,

1029
00:52:22,080 --> 00:52:24,520
Speaker 1: I don't care. The point being though, that they know

1030
00:52:24,560 --> 00:52:27,640
Speaker 1: it's a problem and highlights to me that after eight

1031
00:52:27,680 --> 00:52:30,960
Speaker 1: months it's still three dollars and eighty cents. That's really high. Well,

1032
00:52:31,080 --> 00:52:34,200
Speaker 1: I will say one one thing I noticed, apparently the

1033
00:52:34,239 --> 00:52:36,520
Speaker 1: lowest gas prices in the country. You know a state,

1034
00:52:36,840 --> 00:52:39,000
Speaker 1: which is it, Georgia. Yeah, I think they have a

1035
00:52:39,080 --> 00:52:43,960
Speaker 1: gas tax. They holiday over holiday. Yeah, they're near refinery.

1036
00:52:44,040 --> 00:52:45,959
Speaker 1: There's a whole that I remember reading a whole piece

1037
00:52:46,000 --> 00:52:49,320
Speaker 1: about why exactly Georgia has some of the lowest gas

1038
00:52:49,600 --> 00:52:51,879
Speaker 1: near I think Texas also is quite low. Same thing,

1039
00:52:52,080 --> 00:52:54,640
Speaker 1: refinery distance, There's a lot that goes into it. Yeah,

1040
00:52:54,680 --> 00:52:57,160
Speaker 1: all right, let's move to the midterms and stick with

1041
00:52:57,200 --> 00:52:59,359
Speaker 1: the state of Georgia. Let's go and put this up

1042
00:52:59,400 --> 00:53:01,880
Speaker 1: on the screen. I don't who knows what this means,

1043
00:53:01,880 --> 00:53:06,720
Speaker 1: but it's interesting. Georgia breaks first day early voting record.

1044
00:53:06,760 --> 00:53:10,040
Speaker 1: They nearly doubled their figure from the last midterms. Now

1045
00:53:10,080 --> 00:53:13,200
Speaker 1: I have some updated numbers as of this morning because

1046
00:53:13,239 --> 00:53:16,600
Speaker 1: we're now Today is the fourth day of early in

1047
00:53:16,640 --> 00:53:19,040
Speaker 1: person voting, so we have all the numbers through the

1048
00:53:19,040 --> 00:53:23,120
Speaker 1: first three days, and they've actually gotten even more stunning

1049
00:53:23,320 --> 00:53:26,040
Speaker 1: because it wasn't just the first day where you had

1050
00:53:26,040 --> 00:53:30,279
Speaker 1: this overwhelming flood of voters they have. Now they are

1051
00:53:30,360 --> 00:53:34,240
Speaker 1: now outpacing the number of votes from the twenty twenty

1052
00:53:34,280 --> 00:53:37,800
Speaker 1: presidential election. So they're not only out pacing twenty eighteen,

1053
00:53:37,960 --> 00:53:40,200
Speaker 1: which of course is pre pandemic, and the pandemic has

1054
00:53:40,239 --> 00:53:42,400
Speaker 1: really shifted everybody sort of like voting patterns and the

1055
00:53:42,440 --> 00:53:44,480
Speaker 1: way they vote and all of that stuff, but they

1056
00:53:44,640 --> 00:53:48,640
Speaker 1: even now are surpassing by quite a bit the twenty

1057
00:53:48,719 --> 00:53:53,239
Speaker 1: twenty presidential election. Cure of the numbers, as of the

1058
00:53:53,360 --> 00:53:56,800
Speaker 1: end of Wednesday, over two hundred and ninety one thousand,

1059
00:53:56,960 --> 00:53:59,560
Speaker 1: seven hundred people had voted. This is from ABC News.

1060
00:54:00,000 --> 00:54:02,600
Speaker 1: Two hundred and sixty eight fifty of those were in person,

1061
00:54:02,719 --> 00:54:05,920
Speaker 1: about twenty four thousand of them were absentee. Back in

1062
00:54:06,000 --> 00:54:09,680
Speaker 1: twenty twenty, the early vote numbers at that time were

1063
00:54:09,719 --> 00:54:13,480
Speaker 1: two hundred and sixty six thousand, so they're outpacing them

1064
00:54:13,520 --> 00:54:19,239
Speaker 1: by roughly thirty thousand votes. I mean, that's really quite astonishing.

1065
00:54:19,440 --> 00:54:23,399
Speaker 1: Now what does it mean? Who the hell knows? Who knows? Right?

1066
00:54:24,760 --> 00:54:28,279
Speaker 1: You know, if you're inclined to be, you know, a democratic,

1067
00:54:28,280 --> 00:54:29,839
Speaker 1: hopefully you look at this and go see the young

1068
00:54:29,880 --> 00:54:33,239
Speaker 1: people are excited, they're turning out. Our base is showing up.

1069
00:54:33,320 --> 00:54:36,200
Speaker 1: I will say I looked at the demographic numbers. Black

1070
00:54:36,320 --> 00:54:39,720
Speaker 1: voters were accounting for a disproportionate number of Georgia's early voters.

1071
00:54:39,719 --> 00:54:42,359
Speaker 1: You actually had black voters accounted for about thirty nine

1072
00:54:42,400 --> 00:54:45,640
Speaker 1: percent of the early voters. That's higher than their twenty

1073
00:54:45,719 --> 00:54:49,960
Speaker 1: nine percent of the overall you know, registration. That's one

1074
00:54:50,000 --> 00:54:52,719
Speaker 1: thing you could look at again. Who knows what this

1075
00:54:52,840 --> 00:54:55,920
Speaker 1: ultimately means except for the fact that people are clearly

1076
00:54:56,200 --> 00:55:00,520
Speaker 1: extremely engaged in this race and showing up in massive number. Yeah,

1077
00:55:00,520 --> 00:55:03,000
Speaker 1: I think that that is what my takeaway is. And look,

1078
00:55:03,320 --> 00:55:07,200
Speaker 1: having looked at the enthusiasm numbers and all that, I

1079
00:55:07,239 --> 00:55:09,200
Speaker 1: personally think a lot of that is GOP. But I

1080
00:55:09,239 --> 00:55:12,040
Speaker 1: could be totally wrong. Maybe there is the dem Roe

1081
00:55:12,120 --> 00:55:15,360
Speaker 1: versus Wade bombed, the rowing their vote? What do you

1082
00:55:15,600 --> 00:55:19,320
Speaker 1: row row their vote? Rovember? I mean, I hate myself

1083
00:55:19,360 --> 00:55:22,160
Speaker 1: for even any of these things. Anyway, our new team

1084
00:55:22,200 --> 00:55:27,480
Speaker 1: member Mac put together a fantastic little mashup of some

1085
00:55:28,200 --> 00:55:31,239
Speaker 1: focus group where they had what was it, six Republicans,

1086
00:55:31,280 --> 00:55:33,680
Speaker 1: six Democrats, Yeah, and one one independent. So these were

1087
00:55:33,719 --> 00:55:37,719
Speaker 1: all people who were Trump voters in twenty sixteen and

1088
00:55:37,760 --> 00:55:40,840
Speaker 1: then flipped to Biden in twenty twenty. So the ideas

1089
00:55:40,880 --> 00:55:43,880
Speaker 1: these are swing voters because in those two presidential elections

1090
00:55:43,880 --> 00:55:46,359
Speaker 1: they went Trump and then Biden. Right. I think it's

1091
00:55:46,360 --> 00:55:48,239
Speaker 1: important to just listen to what they have to say

1092
00:55:48,239 --> 00:55:50,600
Speaker 1: about the midterms, about doctor Oz, about John Fetterman, and

1093
00:55:50,600 --> 00:55:52,120
Speaker 1: what we can learn from it. Let's take a listen.

1094
00:55:52,600 --> 00:55:53,920
Speaker 1: I guess for the six of you, what word do

1095
00:55:53,960 --> 00:56:00,200
Speaker 1: you associate with him? Oprah and pharmaceuticals whom you know,

1096
00:56:00,200 --> 00:56:07,440
Speaker 1: we're I'm a fan of Stephanie. Celebrity, celebrity okay, Joshua

1097
00:56:08,640 --> 00:56:16,680
Speaker 1: like scam and lies. I always saw him pushing stuff okay, Uh,

1098
00:56:16,719 --> 00:56:19,120
Speaker 1: he lives, he doesn't live in quite in the state

1099
00:56:19,160 --> 00:56:29,360
Speaker 1: of Pennsylvania. What were with him? Rod raised taxes? Okay?

1100
00:56:29,719 --> 00:56:41,400
Speaker 1: What else? Tax invasion, taxavision? Okay, cannabis got it? You

1101
00:56:41,480 --> 00:56:43,759
Speaker 1: wonder what comes to mine? I'm gonna say the same

1102
00:56:43,880 --> 00:56:49,719
Speaker 1: cannabis movie Stephanie, not a specific word, but like, uh

1103
00:56:49,960 --> 00:56:53,800
Speaker 1: phrase helping. He wants to help people get out of jail.

1104
00:56:55,320 --> 00:56:58,279
Speaker 1: I just I am not aware of fettermanstances on Rev. Wade,

1105
00:56:58,280 --> 00:57:00,320
Speaker 1: so I don't feel like I can speak to it. Sotephanie,

1106
00:57:00,360 --> 00:57:03,040
Speaker 1: do you know where Fedterman stands on Roe v. Wade

1107
00:57:03,040 --> 00:57:07,120
Speaker 1: and abortion? And? Uh? Not clearly? Now, No, John, do

1108
00:57:07,160 --> 00:57:09,279
Speaker 1: you know where Freedterman stands on abortion? I did not.

1109
00:57:10,360 --> 00:57:13,600
Speaker 1: Jan did you where Fetterman stands on abortion? How many

1110
00:57:13,600 --> 00:57:15,080
Speaker 1: of you would say that your decision to vote for

1111
00:57:15,120 --> 00:57:17,760
Speaker 1: either Fetterman or Oz will be driven at least in

1112
00:57:17,800 --> 00:57:20,760
Speaker 1: part by a concern for which party controls the US

1113
00:57:20,760 --> 00:57:25,280
Speaker 1: Senate In twenty twenty three by show Fingers, Sir John, Brendan, Bob,

1114
00:57:26,080 --> 00:57:28,080
Speaker 1: all of you except for Amy, so six of you. See.

1115
00:57:28,120 --> 00:57:30,200
Speaker 1: I thought one of the most noteworthy was that right there,

1116
00:57:30,240 --> 00:57:31,840
Speaker 1: which is that they're like, yeah, I think OZ is

1117
00:57:31,880 --> 00:57:34,360
Speaker 1: a fraud, but I care enough about the collection? Are they?

1118
00:57:34,440 --> 00:57:37,040
Speaker 1: You know the importance of having a Senate majority that

1119
00:57:37,040 --> 00:57:38,720
Speaker 1: I'm willing to vote. Well, I have no idea if

1120
00:57:38,720 --> 00:57:40,640
Speaker 1: that's represented. Well, right, yeah, we don't know. I mean

1121
00:57:40,640 --> 00:57:43,320
Speaker 1: focus groups, you have no idea. It's just always interesting

1122
00:57:43,320 --> 00:57:47,800
Speaker 1: to hear directly from voters, how they're processing the information. Ultimately,

1123
00:57:47,800 --> 00:57:51,000
Speaker 1: when they ask these people, who again were Trump Biden voters,

1124
00:57:51,080 --> 00:57:53,680
Speaker 1: who they would pick to vote for today, nine said

1125
00:57:53,680 --> 00:57:56,040
Speaker 1: they'd vote for Fetterman, two said they'd vote for Oz,

1126
00:57:56,080 --> 00:57:58,760
Speaker 1: and two said neither one. But you know, there's a

1127
00:57:58,760 --> 00:58:00,760
Speaker 1: couple of things to me that are interesting about it,

1128
00:58:00,800 --> 00:58:03,240
Speaker 1: and just again a reminder of like we are in

1129
00:58:03,600 --> 00:58:06,200
Speaker 1: up to our eyeballs and details about these cannus and

1130
00:58:06,200 --> 00:58:08,680
Speaker 1: their policies and what's at stake and all of these things.

1131
00:58:09,120 --> 00:58:12,160
Speaker 1: You know, the issue that Democrats have been leaning into

1132
00:58:12,320 --> 00:58:15,680
Speaker 1: almost to the exclusion of everything else is abortion. And

1133
00:58:15,720 --> 00:58:17,880
Speaker 1: they asked them, like, do you know his position on abortion?

1134
00:58:18,360 --> 00:58:20,880
Speaker 1: None of them some of them knew. They were like,

1135
00:58:21,480 --> 00:58:24,880
Speaker 1: who knows? And the apparently the issue that Fetterman was

1136
00:58:25,000 --> 00:58:28,040
Speaker 1: most known for was weed, which is also, you know,

1137
00:58:28,120 --> 00:58:30,479
Speaker 1: really interesting, especially since so many of them are now saying,

1138
00:58:30,520 --> 00:58:32,440
Speaker 1: you know, they're going to vote for them. Apparently, at

1139
00:58:32,520 --> 00:58:35,640
Speaker 1: least according to what they told this this polster here.

1140
00:58:35,960 --> 00:58:38,000
Speaker 1: The other thing you could see is like what is

1141
00:58:38,120 --> 00:58:41,320
Speaker 1: landing with them is more of the negative attacks from

1142
00:58:41,440 --> 00:58:45,920
Speaker 1: both sides. So clearly they've ingested the Fetterman messaging about

1143
00:58:45,920 --> 00:58:50,000
Speaker 1: Oz scam, fraud, own a state, all that stuff, and

1144
00:58:50,040 --> 00:58:51,960
Speaker 1: they also had clearly taken in some of the negative

1145
00:58:52,680 --> 00:58:56,400
Speaker 1: messaging from the OZ side about Fetterman. I didn't. I

1146
00:58:56,440 --> 00:58:59,360
Speaker 1: was actually surprised the like tax fraud thing was what

1147
00:58:59,480 --> 00:59:02,520
Speaker 1: apparently like stuck with them, which isn't even something we've

1148
00:59:02,560 --> 00:59:04,360
Speaker 1: really been I don't even know the details of that,

1149
00:59:04,400 --> 00:59:06,080
Speaker 1: to be honest with you. And yeah, there's been what

1150
00:59:06,160 --> 00:59:08,480
Speaker 1: that's all about. I followed it closely. I agree again,

1151
00:59:08,560 --> 00:59:10,920
Speaker 1: you know, it didn't even necessarily surface it. It is interesting.

1152
00:59:11,000 --> 00:59:13,000
Speaker 1: I think it's just the feeling what people have when

1153
00:59:13,000 --> 00:59:15,760
Speaker 1: somebody appears a hypocrite. It's just digs so deep. That's

1154
00:59:15,760 --> 00:59:19,000
Speaker 1: one of those that people drives people absolutely crazy. So yeah, look,

1155
00:59:19,040 --> 00:59:21,800
Speaker 1: I mean I thought it was a good representation. They

1156
00:59:22,040 --> 00:59:25,200
Speaker 1: are not even motivated by the signature issue, right from

1157
00:59:25,240 --> 00:59:26,960
Speaker 1: what we saw in terms of why they even like

1158
00:59:27,000 --> 00:59:29,760
Speaker 1: fettermana it wants to help. What I think is important

1159
00:59:29,880 --> 00:59:31,880
Speaker 1: is like, look, that's how most people think about politics.

1160
00:59:32,040 --> 00:59:33,520
Speaker 1: I like that guy. I think it was it's a

1161
00:59:33,520 --> 00:59:35,840
Speaker 1: lot of vibes, it's a lot of you know. Yeah,

1162
00:59:35,920 --> 00:59:39,120
Speaker 1: that's that's why I thought Fetterman's attacks on OZ were

1163
00:59:39,160 --> 00:59:43,360
Speaker 1: so effective because this idea that he's like rich, out

1164
00:59:43,400 --> 00:59:47,960
Speaker 1: of touch, asshole, scam artist, you know, it lands with

1165
00:59:48,040 --> 00:59:51,320
Speaker 1: like it seems believable, and it really landed with people,

1166
00:59:52,040 --> 00:59:54,000
Speaker 1: and I think that's the only reason why he's had

1167
00:59:54,000 --> 00:59:55,920
Speaker 1: a shot in this race really at all, given the

1168
00:59:56,120 --> 01:00:00,760
Speaker 1: overall numbers. And also interesting, didn't I think maybe one

1169
01:00:00,800 --> 01:00:03,400
Speaker 1: of them ultimately brought up, you know, his health and

1170
01:00:03,440 --> 01:00:06,400
Speaker 1: those concerns, but that clearly was not a major focus

1171
01:00:06,400 --> 01:00:09,560
Speaker 1: of their conversation either. They were more concerned about some

1172
01:00:09,640 --> 01:00:12,320
Speaker 1: other like personal characteristics had been raised by Oz, so

1173
01:00:12,680 --> 01:00:16,240
Speaker 1: that was interesting. They also asked about the governor's race

1174
01:00:16,360 --> 01:00:20,280
Speaker 1: in Pennsylvania the same group of voters, and the numbers

1175
01:00:20,280 --> 01:00:23,840
Speaker 1: were fairly similar. They had eight going for Shapiro, one

1176
01:00:23,920 --> 01:00:27,280
Speaker 1: for Mastriano, and four who were like, nah, we're out.

1177
01:00:27,720 --> 01:00:30,280
Speaker 1: And one of them, in particular, who I think was

1178
01:00:30,440 --> 01:00:33,840
Speaker 1: you know, more sort of Republican leaning, said Mastriano was

1179
01:00:33,920 --> 01:00:36,240
Speaker 1: just two out there and he just couldn't just couldn't

1180
01:00:36,240 --> 01:00:40,680
Speaker 1: do it. Another trend that I think is potentially noteworthy

1181
01:00:40,840 --> 01:00:43,400
Speaker 1: in terms of how we've seen these polls converge and

1182
01:00:43,480 --> 01:00:45,600
Speaker 1: Republicans really gaining a lot of ground as we come

1183
01:00:45,880 --> 01:00:47,880
Speaker 1: closer to election day, let's goad and put this up

1184
01:00:47,880 --> 01:00:49,720
Speaker 1: on the screen from Seanchriiny. This is going back to

1185
01:00:49,760 --> 01:00:54,800
Speaker 1: the Georgia race. He shared Real Clear Politics polling average

1186
01:00:55,160 --> 01:00:59,040
Speaker 1: over the course of the Warnock Walker race. And what

1187
01:00:59,120 --> 01:01:04,240
Speaker 1: you see is when the Walker scandals really started to hit,

1188
01:01:05,600 --> 01:01:12,080
Speaker 1: his numbers really dropped, but Warnock's numbers did not really rise.

1189
01:01:12,400 --> 01:01:16,400
Speaker 1: They sort of stayed more or less where they've been. Now,

1190
01:01:16,480 --> 01:01:18,120
Speaker 1: what a lot of people are reading into with that,

1191
01:01:18,200 --> 01:01:21,160
Speaker 1: and by the way, Walker's numbers have recovered somewhat, although

1192
01:01:21,160 --> 01:01:23,240
Speaker 1: he still remains behind by about two and a half

1193
01:01:23,240 --> 01:01:26,600
Speaker 1: points in the average of all the polls. What a

1194
01:01:26,600 --> 01:01:28,600
Speaker 1: lot of people are saying is this the dynamic of like,

1195
01:01:29,160 --> 01:01:31,640
Speaker 1: you know, people are not happy with these candidates, whether

1196
01:01:31,640 --> 01:01:34,920
Speaker 1: it's Oz or Walker or Blake Masters or whoever. Like

1197
01:01:34,920 --> 01:01:37,880
Speaker 1: they're not in love with them, but they're basically not

1198
01:01:38,080 --> 01:01:41,280
Speaker 1: really willing to vote for Democrats. So as the election

1199
01:01:41,360 --> 01:01:44,640
Speaker 1: day comes closer, they're more and more reconciling them to

1200
01:01:44,680 --> 01:01:46,640
Speaker 1: the fact of like, well, I'm not really a big

1201
01:01:46,680 --> 01:01:48,920
Speaker 1: Herschel Walker fan, but I guess I'm just going to

1202
01:01:48,960 --> 01:01:50,760
Speaker 1: pull the lever for him. And there were a lot

1203
01:01:50,800 --> 01:01:53,880
Speaker 1: of comparisons to Trump after the like grabber by the

1204
01:01:54,080 --> 01:01:58,240
Speaker 1: p word moment where yeah, his numbers dropped, but Hillary's

1205
01:01:58,280 --> 01:02:00,960
Speaker 1: didn't rise, and eventually people did find their way back

1206
01:02:00,960 --> 01:02:02,880
Speaker 1: to him. That's my takeaway. I just think that things

1207
01:02:02,880 --> 01:02:05,680
Speaker 1: are so partisan right now. I think that the fundamentals

1208
01:02:05,720 --> 01:02:08,840
Speaker 1: are so strong in the GOP favor that people are

1209
01:02:08,840 --> 01:02:10,920
Speaker 1: just going to come home. I could be completely wrong,

1210
01:02:11,000 --> 01:02:13,680
Speaker 1: I really could, but I just cannot get over like,

1211
01:02:13,800 --> 01:02:16,800
Speaker 1: you got high inflation, you got high gas, there's war

1212
01:02:16,880 --> 01:02:19,160
Speaker 1: going on in Europe. It just feels like there's chaos.

1213
01:02:19,320 --> 01:02:22,320
Speaker 1: Plus the historical trend that the first the party in

1214
01:02:22,360 --> 01:02:25,040
Speaker 1: power always almost gets clobbered, yeah, after their first midterms.

1215
01:02:25,080 --> 01:02:27,160
Speaker 1: Like yeah, But on the other hand, like, I don't

1216
01:02:27,160 --> 01:02:30,320
Speaker 1: want to let the Democrats off the hook because you

1217
01:02:30,520 --> 01:02:35,800
Speaker 1: have eighty percent of voters saying that the economy inflation,

1218
01:02:35,960 --> 01:02:38,680
Speaker 1: the economy jobs. Like you put the basket together. They're like,

1219
01:02:38,960 --> 01:02:41,600
Speaker 1: this is what we care about. Listen to us, this

1220
01:02:41,720 --> 01:02:44,480
Speaker 1: is the thing we care about. And by default, if

1221
01:02:44,560 --> 01:02:46,959
Speaker 1: you don't have any message about that, anything to offer

1222
01:02:47,000 --> 01:02:49,080
Speaker 1: them whatsoever, Yeah, you're the party in power, are gonna

1223
01:02:49,120 --> 01:02:53,360
Speaker 1: get blamed for that situation. They have not focused at

1224
01:02:53,400 --> 01:02:56,320
Speaker 1: all on the economy. I can't tell you what they

1225
01:02:56,360 --> 01:02:58,400
Speaker 1: would do if they take power. Biden gave a big

1226
01:02:58,400 --> 01:03:01,560
Speaker 1: speech saying, Okay, if we got, you know, fifty two senators,

1227
01:03:01,560 --> 01:03:04,520
Speaker 1: then we'd codify Roe versus Wade. What are you going

1228
01:03:04,600 --> 01:03:07,920
Speaker 1: to do with fifty two senators to help people's bottom line?

1229
01:03:08,160 --> 01:03:12,320
Speaker 1: And so I just find it's so incredibly frustrating that

1230
01:03:12,360 --> 01:03:17,040
Speaker 1: they've decided to go all in on abortion and completely

1231
01:03:17,080 --> 01:03:20,360
Speaker 1: see the ground of the economy to Republicans. I am

1232
01:03:20,400 --> 01:03:22,240
Speaker 1: not the only one that is frustrated by that. Senator

1233
01:03:22,280 --> 01:03:24,520
Speaker 1: Bernie Sanders is also very frustrated by that. Let's put

1234
01:03:24,520 --> 01:03:27,720
Speaker 1: this up on the screen. He's decided to jump in

1235
01:03:27,760 --> 01:03:30,160
Speaker 1: and do a couple of weekends of barnstorming here across

1236
01:03:30,160 --> 01:03:32,160
Speaker 1: the country. It's from the New York Times. Their headline

1237
01:03:32,240 --> 01:03:36,160
Speaker 1: is Bernie Sanders, fearing weak Democratic turnout, plans midterms blitz.

1238
01:03:36,200 --> 01:03:38,560
Speaker 1: Mister Sanders said he thought the Democratic Party was quote

1239
01:03:38,800 --> 01:03:42,120
Speaker 1: doing rather poorly at selling itself to working class voters.

1240
01:03:42,560 --> 01:03:45,440
Speaker 1: You are not wrong, sir. He's planning in eight state

1241
01:03:45,480 --> 01:03:47,840
Speaker 1: blitz with at least nineteen events over the final two

1242
01:03:47,880 --> 01:03:50,440
Speaker 1: weekends before the midterm elections, looking to rally young voters

1243
01:03:50,440 --> 01:03:54,080
Speaker 1: and progressives as Democrats confront daunting national headwinds. He's going

1244
01:03:54,120 --> 01:04:00,440
Speaker 1: to Oregon, California, Nevada, Texas, Florida, Wisconsin, Michigan, Pennsylvania. And

1245
01:04:00,480 --> 01:04:02,680
Speaker 1: he also has been out, you know, speaking out, and

1246
01:04:02,840 --> 01:04:05,520
Speaker 1: we covered before he had written an op ed basically

1247
01:04:05,640 --> 01:04:07,560
Speaker 1: making the point of you guys have to have something

1248
01:04:07,600 --> 01:04:09,840
Speaker 1: to say about the economy, since it's the number one issue.

1249
01:04:09,960 --> 01:04:12,439
Speaker 1: Let's take a listen to what he said to Jake Tapper. Well, Jake,

1250
01:04:12,520 --> 01:04:15,000
Speaker 1: first of all, I happen to believe that the Supreme

1251
01:04:15,040 --> 01:04:19,640
Speaker 1: Court decision overturning Roe versus Wade is an absolute outrage.

1252
01:04:19,920 --> 01:04:22,400
Speaker 1: I think Democrats have got the fight to make sure

1253
01:04:22,600 --> 01:04:25,440
Speaker 1: that it is women who control their own bodies, not

1254
01:04:25,520 --> 01:04:28,280
Speaker 1: the government. So I think this is a very important issue,

1255
01:04:28,360 --> 01:04:31,240
Speaker 1: But I don't believe it can be the only issue.

1256
01:04:31,760 --> 01:04:34,680
Speaker 1: At a time when we have an economy in which

1257
01:04:34,760 --> 01:04:38,840
Speaker 1: the wealthiest people, the billionaire class, are getting much much

1258
01:04:38,960 --> 01:04:42,000
Speaker 1: richer while working people are struggling to put food on

1259
01:04:42,040 --> 01:04:45,080
Speaker 1: the table. It goes without saying that we have got

1260
01:04:45,120 --> 01:04:47,800
Speaker 1: to focus on the economy and demand that we have

1261
01:04:47,880 --> 01:04:50,640
Speaker 1: a government that works for all of us and not

1262
01:04:50,800 --> 01:04:55,600
Speaker 1: just wealthy campaign contributors, and the irony here as Republicans say,

1263
01:04:55,960 --> 01:04:58,720
Speaker 1: you know, they talk about the economy, really, not one

1264
01:04:58,720 --> 01:05:00,880
Speaker 1: of them is going to vote to raise the minimum

1265
01:05:00,880 --> 01:05:03,520
Speaker 1: wage to a living wage. Not one of them is

1266
01:05:03,560 --> 01:05:06,440
Speaker 1: going to vote for legislation that makes it easier for

1267
01:05:06,520 --> 01:05:09,680
Speaker 1: workers to join unions. Not one of them is going

1268
01:05:09,720 --> 01:05:11,920
Speaker 1: to vote to do what every other major country on

1269
01:05:11,960 --> 01:05:15,400
Speaker 1: Earth does and guarantee a healthcare for all people. Nor

1270
01:05:15,440 --> 01:05:18,320
Speaker 1: will they vote to raise taxes on billionaires at a

1271
01:05:18,360 --> 01:05:20,640
Speaker 1: time when the richest people in this country in some

1272
01:05:20,680 --> 01:05:23,640
Speaker 1: cases pay nothing in federal income tax. So I have

1273
01:05:23,840 --> 01:05:27,440
Speaker 1: to think the Republican line is phony, and Democrats have

1274
01:05:27,480 --> 01:05:31,520
Speaker 1: got to respond. There's a reason why Bernie Sanders continues

1275
01:05:31,560 --> 01:05:35,520
Speaker 1: to be the most popular prominent Democrat, And there were

1276
01:05:35,520 --> 01:05:37,640
Speaker 1: just new approval ratings that came out that prove that.

1277
01:05:38,000 --> 01:05:41,240
Speaker 1: And it's because he's like literally the only one saying

1278
01:05:41,280 --> 01:05:44,360
Speaker 1: anything about, you know, the issue that people care about

1279
01:05:44,360 --> 01:05:47,320
Speaker 1: the most. I'm covering my monologue today. Fifty percent of

1280
01:05:47,640 --> 01:05:50,720
Speaker 1: inflation during the pandemic was because of corporate profit here, like,

1281
01:05:50,880 --> 01:05:54,080
Speaker 1: where are Democrats on that issue? There was Stan Greenberg,

1282
01:05:54,120 --> 01:05:56,080
Speaker 1: who's like sort of storied working class polls A on

1283
01:05:56,120 --> 01:05:59,360
Speaker 1: the democratics. I tested a bunch of messages. His number

1284
01:05:59,400 --> 01:06:02,040
Speaker 1: one mess that move the most voters was we're going

1285
01:06:02,080 --> 01:06:04,120
Speaker 1: to have the child tax credit. Hard working families are

1286
01:06:04,120 --> 01:06:06,080
Speaker 1: going to get six hundred dollars a month into their

1287
01:06:06,120 --> 01:06:07,800
Speaker 1: bank accounts, and we're going to pay for it by

1288
01:06:07,840 --> 01:06:11,640
Speaker 1: taxing the rich. How hard is that? Where is that messaging?

1289
01:06:11,760 --> 01:06:14,919
Speaker 1: Where is at least they won in Georgia by saying

1290
01:06:14,960 --> 01:06:17,080
Speaker 1: really clearly, you're going to get checks, You're going to

1291
01:06:17,120 --> 01:06:18,880
Speaker 1: get checks, You're going to get checks. Remember, we're not

1292
01:06:19,760 --> 01:06:23,960
Speaker 1: all that stuff that worked, and they just completely memory

1293
01:06:23,960 --> 01:06:28,400
Speaker 1: hold it because they're incompetent, incompetent, because they're ideologically stupid,

1294
01:06:28,600 --> 01:06:30,360
Speaker 1: and because they also don't want to make promises that

1295
01:06:30,360 --> 01:06:32,400
Speaker 1: they ultimately don't really want to follow through. I'm not

1296
01:06:32,440 --> 01:06:33,720
Speaker 1: going to do it. And I think that's really what

1297
01:06:33,840 --> 01:06:35,040
Speaker 1: comes through to me. And like, at the end of

1298
01:06:35,040 --> 01:06:37,040
Speaker 1: the day, we've seen the whole mansion cinema game enough

1299
01:06:37,080 --> 01:06:39,320
Speaker 1: times that people just don't believe it, and maybe they shouldn't.

1300
01:06:39,320 --> 01:06:40,800
Speaker 1: I mean, why would you, like, do you really have

1301
01:06:40,800 --> 01:06:42,880
Speaker 1: confidence if you have fifty one votes that some sort

1302
01:06:42,920 --> 01:06:45,120
Speaker 1: of new reconciliation bill is going to come through. Like, well,

1303
01:06:45,160 --> 01:06:47,560
Speaker 1: what they're saying is if they have two more senators, right,

1304
01:06:47,600 --> 01:06:49,600
Speaker 1: they can get rid of the filibuster at least for

1305
01:06:49,720 --> 01:06:52,440
Speaker 1: Roe versus Wait and again, are they going to actually

1306
01:06:52,440 --> 01:06:55,000
Speaker 1: do that or some new you know, the rotating villain

1307
01:06:55,080 --> 01:06:57,120
Speaker 1: theory whatever someone knew going to pop up and say, actually,

1308
01:06:57,160 --> 01:07:00,000
Speaker 1: I decided I love the filibuster too, very very pos

1309
01:07:00,400 --> 01:07:04,200
Speaker 1: But they're literally I mean even okay, even if you

1310
01:07:04,400 --> 01:07:08,320
Speaker 1: just wanted to lean into abortion, they're not even doing that. Well, like,

1311
01:07:08,880 --> 01:07:11,560
Speaker 1: they never put these Republicans on the right, pressure them,

1312
01:07:11,600 --> 01:07:13,920
Speaker 1: mading difficult for them and made them take hard votes.

1313
01:07:14,160 --> 01:07:16,760
Speaker 1: Nancy Pelosi was pressed by Andrew Mitchell of like, well,

1314
01:07:16,760 --> 01:07:18,320
Speaker 1: what's going to be different when you have fifty two

1315
01:07:18,400 --> 01:07:20,640
Speaker 1: centers versus you already have power? Why not try to

1316
01:07:20,680 --> 01:07:25,200
Speaker 1: codify it? Now? Just nothing but excuse making so even

1317
01:07:25,280 --> 01:07:27,640
Speaker 1: on the issue that they've decided to be all in on,

1318
01:07:27,760 --> 01:07:29,840
Speaker 1: even on that, they're not fighting. So what makes anyone

1319
01:07:29,880 --> 01:07:32,200
Speaker 1: think they're going to fight if they retain power? Yeah,

1320
01:07:32,240 --> 01:07:34,240
Speaker 1: I mean I remember we said this here, We're like, hey, look,

1321
01:07:34,280 --> 01:07:36,400
Speaker 1: you know, Republicans all say that they support a fifteen

1322
01:07:36,440 --> 01:07:39,480
Speaker 1: week man Republicans, I believe have all voted. Most of

1323
01:07:39,520 --> 01:07:41,560
Speaker 1: the people in the chamber have voted for twenty two weeks.

1324
01:07:41,600 --> 01:07:42,920
Speaker 1: So I'm like, all right, I put it on the floor,

1325
01:07:42,920 --> 01:07:45,120
Speaker 1: then put it do it say if you actually believe this?

1326
01:07:45,480 --> 01:07:47,240
Speaker 1: Like fine, But they won't even do that, right, I

1327
01:07:47,240 --> 01:07:49,080
Speaker 1: think that is you know that that's a whole other

1328
01:07:49,120 --> 01:07:52,040
Speaker 1: conversation about the abortion groups and all these other people.

1329
01:07:52,080 --> 01:07:55,240
Speaker 1: But they have really squandered what could have been a

1330
01:07:55,280 --> 01:07:56,919
Speaker 1: good moment for them. And I think you're right, which

1331
01:07:56,960 --> 01:07:59,360
Speaker 1: you can't let them off the hook, right whatsoever? So look,

1332
01:07:59,520 --> 01:08:02,120
Speaker 1: I mean, you have fundamentals plus bad politics. Does the

1333
01:08:02,160 --> 01:08:03,960
Speaker 1: get genius? Let me let me say one more thing,

1334
01:08:04,000 --> 01:08:08,040
Speaker 1: because I really am on tarriff. I cannot Republicans have

1335
01:08:08,080 --> 01:08:10,919
Speaker 1: said they want to cut social security in medicare. How

1336
01:08:11,000 --> 01:08:13,800
Speaker 1: does not every American in the country know that fact

1337
01:08:13,840 --> 01:08:15,960
Speaker 1: and want to put the debt ceiling on the table together?

1338
01:08:16,080 --> 01:08:19,360
Speaker 1: They want They are out saying they want to trigger

1339
01:08:19,439 --> 01:08:23,000
Speaker 1: a government crisis when they come into office. That is

1340
01:08:23,040 --> 01:08:27,000
Speaker 1: their own stated plan. Why does everyone not know that?

1341
01:08:27,479 --> 01:08:29,960
Speaker 1: It is complete political malpractice? And you know what, Yes,

1342
01:08:30,000 --> 01:08:33,000
Speaker 1: the landscape is still difficult. Party in power all these things,

1343
01:08:33,040 --> 01:08:37,040
Speaker 1: but you're not even trying you're not even trying, and

1344
01:08:37,120 --> 01:08:41,960
Speaker 1: so yeah, now next piece. Predictably, instead of actually trying

1345
01:08:42,000 --> 01:08:44,240
Speaker 1: to win, instead they're just trying to figure out who

1346
01:08:44,280 --> 01:08:46,519
Speaker 1: to throw under the bus. And I can tell you

1347
01:08:46,520 --> 01:08:48,320
Speaker 1: who will get thrown under the bus. It's the left,

1348
01:08:48,360 --> 01:08:50,280
Speaker 1: even though Bernie Sanders is the only one who's saying

1349
01:08:50,320 --> 01:08:54,479
Speaker 1: anything that makes any damn sense politically or otherwise. Let's

1350
01:08:54,479 --> 01:08:56,760
Speaker 1: go ahead and put this up on the screen from

1351
01:08:56,840 --> 01:08:59,519
Speaker 1: our old friends at the Hill. Democrats ready for midterm

1352
01:08:59,520 --> 01:09:03,240
Speaker 1: blame game Alexander Bolton three weeks down beginning to look

1353
01:09:03,240 --> 01:09:05,599
Speaker 1: more and more like a victory for Republicans. Democrats are

1354
01:09:05,600 --> 01:09:08,720
Speaker 1: playing the blame game. You had Obama preemptively come out.

1355
01:09:08,760 --> 01:09:10,519
Speaker 1: You know, I actually thought some of his comments. I

1356
01:09:10,560 --> 01:09:12,639
Speaker 1: didn't listen to the whole thing, but he talked about,

1357
01:09:12,680 --> 01:09:16,439
Speaker 1: you know, sort of the like over woke language. She said,

1358
01:09:16,479 --> 01:09:20,599
Speaker 1: Democrats and progressives can be a buzzkill by constantly scolding

1359
01:09:20,640 --> 01:09:24,840
Speaker 1: people for being politically incorrect. You've got Alyssa Slotkin and

1360
01:09:24,880 --> 01:09:29,559
Speaker 1: some other younger House Democrats who are tough in tough

1361
01:09:29,720 --> 01:09:32,320
Speaker 1: spots are arguing the party leadership has fallen out of

1362
01:09:32,360 --> 01:09:34,240
Speaker 1: touch and have called for a quote new generation of

1363
01:09:34,320 --> 01:09:35,800
Speaker 1: new blood in charge with the party. Now, these are

1364
01:09:35,800 --> 01:09:38,120
Speaker 1: the people who are, like, you know, they make like

1365
01:09:38,160 --> 01:09:41,519
Speaker 1: the peak Bootages argument of generational change, with's like, let's

1366
01:09:41,600 --> 01:09:44,080
Speaker 1: keep the same terrible politics, but let's just stick some

1367
01:09:44,160 --> 01:09:47,280
Speaker 1: new people in charge ultimately. But just think it's very

1368
01:09:47,280 --> 01:09:50,040
Speaker 1: telling that already you have people trying to angle to

1369
01:09:50,080 --> 01:09:53,559
Speaker 1: be able to shape the narrative of exactly why they lost. Well,

1370
01:09:53,600 --> 01:09:55,400
Speaker 1: I actually I'm not sure that the left will get

1371
01:09:55,439 --> 01:09:57,439
Speaker 1: the blame. I mean, I think the woke stuff is

1372
01:09:57,680 --> 01:09:59,759
Speaker 1: I mean, look, it's not like the center leftists aren't

1373
01:09:59,760 --> 01:10:03,280
Speaker 1: all woke on their own, so they're worse because they're woke,

1374
01:10:03,320 --> 01:10:05,320
Speaker 1: and then they don't even do anything that's point. So

1375
01:10:05,479 --> 01:10:07,320
Speaker 1: I'm like, I actually think Biden is going to get

1376
01:10:07,360 --> 01:10:09,559
Speaker 1: a ton of the heat. I think he deserves it.

1377
01:10:09,840 --> 01:10:11,880
Speaker 1: He's the leader of the party, he's the person who

1378
01:10:11,920 --> 01:10:14,479
Speaker 1: squandered this moment. He's the person who's going to preside

1379
01:10:14,720 --> 01:10:18,040
Speaker 1: over a loss of some sort and who majority of

1380
01:10:18,080 --> 01:10:20,880
Speaker 1: his people. So I don't think old Biden can wriggle

1381
01:10:20,920 --> 01:10:23,840
Speaker 1: his way out of it. So there's just no way, Like,

1382
01:10:23,920 --> 01:10:26,200
Speaker 1: if you lose an election, it's just it's on you.

1383
01:10:26,360 --> 01:10:30,280
Speaker 1: Obama suffered this in twenty ten, Bush in two thousand

1384
01:10:30,280 --> 01:10:34,360
Speaker 1: and six, like every Clinton in ninety four, every single

1385
01:10:34,360 --> 01:10:37,280
Speaker 1: one of them effectively had to make a statement where

1386
01:10:37,280 --> 01:10:39,880
Speaker 1: they're like, I take responsibility and I'm either going to

1387
01:10:39,880 --> 01:10:42,760
Speaker 1: adjust course and try and win my reelection or like

1388
01:10:42,880 --> 01:10:46,040
Speaker 1: this is on me. Ultimately, everyone you just named did

1389
01:10:46,080 --> 01:10:49,240
Speaker 1: win their real I know, but they had higher approval

1390
01:10:49,320 --> 01:10:54,560
Speaker 1: ratings than Biden does. And Biden, as we've been covering consistently,

1391
01:10:54,560 --> 01:10:57,559
Speaker 1: a majority of the Democratic Party says we want someone

1392
01:10:57,560 --> 01:11:02,400
Speaker 1: else now that's before suffering what could potentially be a

1393
01:11:02,400 --> 01:11:06,439
Speaker 1: significant midterm defeat. And the whole reason this guy is

1394
01:11:06,479 --> 01:11:09,200
Speaker 1: here is because he's supposedly a winner, you know. I

1395
01:11:09,200 --> 01:11:11,120
Speaker 1: mean we talk about that with Trump, like his whole

1396
01:11:11,160 --> 01:11:13,519
Speaker 1: like you're going to retire to winning whatever. The only

1397
01:11:13,640 --> 01:11:18,360
Speaker 1: reason Democrats back this guy when they preferred other policies,

1398
01:11:18,560 --> 01:11:21,880
Speaker 1: especially on economics, than what Biden was offering, was because

1399
01:11:21,880 --> 01:11:24,479
Speaker 1: they thought he was the guy who could win. He

1400
01:11:24,520 --> 01:11:26,439
Speaker 1: was the guy that could take out Trump. And they're

1401
01:11:26,439 --> 01:11:29,080
Speaker 1: going to be very concerned about that again because obviously

1402
01:11:29,160 --> 01:11:32,320
Speaker 1: Trump is waiting in the wings to make his comeback.

1403
01:11:33,000 --> 01:11:35,640
Speaker 1: So what is it going to look like for Democratic

1404
01:11:35,720 --> 01:11:38,800
Speaker 1: voters if now, not only do you not really like

1405
01:11:38,840 --> 01:11:41,640
Speaker 1: what he has to offer in terms of economics, but

1406
01:11:41,760 --> 01:11:44,439
Speaker 1: you also don't really think that this is the guy

1407
01:11:44,479 --> 01:11:46,960
Speaker 1: who's up to the task of beating Trump. And yeah,

1408
01:11:47,000 --> 01:11:49,880
Speaker 1: his age and his you know, inability to like really

1409
01:11:49,920 --> 01:11:52,960
Speaker 1: coherently speak, and his brain meltdowns and all those things

1410
01:11:52,960 --> 01:11:56,440
Speaker 1: like that plays a very significant role into that calculation

1411
01:11:56,680 --> 01:11:59,120
Speaker 1: as well. So I do think you're right. I think

1412
01:11:59,200 --> 01:12:04,280
Speaker 1: if Democrats suffer real significant defeat in the midterms, if

1413
01:12:04,280 --> 01:12:06,960
Speaker 1: Republicans take the House and they take the Senate, I

1414
01:12:07,000 --> 01:12:09,519
Speaker 1: do think Biden is going to be in a very

1415
01:12:09,640 --> 01:12:15,240
Speaker 1: vulnerable position to a potential inter primary or party primary

1416
01:12:15,320 --> 01:12:18,280
Speaker 1: challenge that could very much take him out because what

1417
01:12:18,439 --> 01:12:21,160
Speaker 1: is the rationale for keeping him if you're not doing

1418
01:12:21,200 --> 01:12:24,639
Speaker 1: a good job and we don't believe you can win. Yeah, no, look,

1419
01:12:24,640 --> 01:12:26,879
Speaker 1: I think you're right. Also, not for nothing, his eightieth

1420
01:12:26,920 --> 01:12:29,599
Speaker 1: birthday is a month away, so just so everybody knows

1421
01:12:29,600 --> 01:12:31,680
Speaker 1: that that'll be Actually I'm gonna be curious if they

1422
01:12:31,680 --> 01:12:34,360
Speaker 1: even acknowledge that he turns eight years old like his own.

1423
01:12:34,439 --> 01:12:36,400
Speaker 1: They've been trying to downplay it, for sure, Yet they're

1424
01:12:36,439 --> 01:12:39,080
Speaker 1: not doing the big open great day bash. For sure, Yeah,

1425
01:12:39,160 --> 01:12:41,680
Speaker 1: all right, let's get to a very interesting story of

1426
01:12:41,720 --> 01:12:44,559
Speaker 1: which there are scant details but are troubling in whatever

1427
01:12:44,600 --> 01:12:46,519
Speaker 1: we do know so far. Let's put this up there

1428
01:12:46,520 --> 01:12:49,920
Speaker 1: on the screen. So the FBI has actually rated a

1429
01:12:50,000 --> 01:12:53,800
Speaker 1: star ABC News producer's home. That's the Emmy Award winning

1430
01:12:53,840 --> 01:12:57,559
Speaker 1: producer James Gordon Meek. Now, what does colleagues say is

1431
01:12:57,600 --> 01:13:01,880
Speaker 1: they have not seen him since that nobody actually knows

1432
01:13:02,120 --> 01:13:05,599
Speaker 1: what happened. Now. He fired off a tweet at April

1433
01:13:05,640 --> 01:13:10,479
Speaker 1: twenty seventh saying quote facts in all caps. That has

1434
01:13:10,560 --> 01:13:14,160
Speaker 1: basically been from him so far. There have been a

1435
01:13:14,200 --> 01:13:17,439
Speaker 1: lot of acronyms and others that he claims to have

1436
01:13:17,680 --> 01:13:20,880
Speaker 1: had access to Crystal and I think what is really

1437
01:13:20,920 --> 01:13:25,040
Speaker 1: weird is that Meeks is apparently portrayed by his colleagues

1438
01:13:25,400 --> 01:13:30,799
Speaker 1: as a quote military fanboy. Now, there is no actual

1439
01:13:30,840 --> 01:13:35,400
Speaker 1: confirmation that this raid happened as a result of classified information.

1440
01:13:35,720 --> 01:13:38,760
Speaker 1: If it did, it would be an outrageous breach of

1441
01:13:38,840 --> 01:13:42,920
Speaker 1: precedent for the Biden administration to raid the home of

1442
01:13:42,960 --> 01:13:46,720
Speaker 1: a journalist doing his job, guy getting classifided invote. If

1443
01:13:46,760 --> 01:13:48,840
Speaker 1: that's the case, you should raid the guy who give

1444
01:13:48,840 --> 01:13:50,760
Speaker 1: it to him, not the person who has it in

1445
01:13:50,760 --> 01:13:54,320
Speaker 1: their possession. So if it is in relation to classified information,

1446
01:13:54,600 --> 01:13:57,320
Speaker 1: that is an insane precedent. It could be in relation

1447
01:13:57,400 --> 01:13:59,720
Speaker 1: to a series of other crimes. We don't know that.

1448
01:14:00,080 --> 01:14:02,840
Speaker 1: To date, he has not been charged. And actually, this

1449
01:14:02,880 --> 01:14:06,559
Speaker 1: is what they say, this is the first raid carried

1450
01:14:06,560 --> 01:14:09,320
Speaker 1: out by the Biden administration of the Biden FBI on

1451
01:14:09,600 --> 01:14:13,960
Speaker 1: an actual journalists to reiterate, this guy has won Emmys before.

1452
01:14:14,280 --> 01:14:18,040
Speaker 1: A longtime national security reporter known to have deep connections

1453
01:14:18,240 --> 01:14:22,000
Speaker 1: within the US military has reported on tons of information

1454
01:14:22,520 --> 01:14:25,440
Speaker 1: that the US military has had and done in Afghanistan,

1455
01:14:25,479 --> 01:14:27,559
Speaker 1: and apparently that was some of the sketchy stuff that

1456
01:14:27,640 --> 01:14:30,000
Speaker 1: he might have even had his hands on. But there's

1457
01:14:30,000 --> 01:14:32,479
Speaker 1: a lot of questions that are swirling around this crystal

1458
01:14:32,520 --> 01:14:34,760
Speaker 1: as to what exactly is going on here. There's a

1459
01:14:34,800 --> 01:14:36,439
Speaker 1: lot of details in the piece itself, if you guys

1460
01:14:36,439 --> 01:14:38,200
Speaker 1: want to go and read well, and the details just

1461
01:14:38,240 --> 01:14:41,240
Speaker 1: make it more perplexing. Yeah, because part of, you know,

1462
01:14:41,439 --> 01:14:43,880
Speaker 1: part of what is so stunning here is this wasn't

1463
01:14:43,920 --> 01:14:46,320
Speaker 1: any old like run of the mill FBI raid. Like

1464
01:14:46,400 --> 01:14:49,840
Speaker 1: they came in with some really heavy equipment. They apparently

1465
01:14:49,960 --> 01:14:53,040
Speaker 1: used an olive green. I didn't know what this is.

1466
01:14:53,040 --> 01:14:56,040
Speaker 1: You might know what it was, Lenko Bearcat G two, Yeah,

1467
01:14:56,040 --> 01:14:58,519
Speaker 1: I know what the bear case an armored tactical vehicle

1468
01:14:58,720 --> 01:15:01,200
Speaker 1: that they say often employed by the FBI among other

1469
01:15:01,360 --> 01:15:06,639
Speaker 1: law enforcement agencies. They use these to like be able

1470
01:15:06,680 --> 01:15:09,400
Speaker 1: to you know, run out quickly and potentially if there's

1471
01:15:09,479 --> 01:15:12,680
Speaker 1: like concerned about the person being armed. This vehicle, they

1472
01:15:12,720 --> 01:15:14,400
Speaker 1: just say, is designed to be jumped down and so

1473
01:15:14,439 --> 01:15:16,680
Speaker 1: they can do a raid in quick time. It can

1474
01:15:16,720 --> 01:15:20,320
Speaker 1: return fire if they're being fired upon. It's like if

1475
01:15:20,360 --> 01:15:22,880
Speaker 1: you're just going in for some classified documents to you

1476
01:15:22,920 --> 01:15:25,360
Speaker 1: really bring out the old bear cat. Then again, law

1477
01:15:25,400 --> 01:15:30,760
Speaker 1: enforcement often uses like over the top military style equipment,

1478
01:15:31,160 --> 01:15:34,479
Speaker 1: so who knows, but that was a weird detail. A

1479
01:15:34,520 --> 01:15:36,680
Speaker 1: couple other things that they mentioned here is some of

1480
01:15:36,720 --> 01:15:39,680
Speaker 1: the work that he's done, which you know, they're sort

1481
01:15:39,680 --> 01:15:42,120
Speaker 1: of insinuating maybe it has something to do with this.

1482
01:15:42,200 --> 01:15:45,040
Speaker 1: So he was involved in documentary that we covered about

1483
01:15:45,080 --> 01:15:47,439
Speaker 1: what the hell happened to those Green Berets who were

1484
01:15:47,520 --> 01:15:50,400
Speaker 1: killed in Africa. He sort of blew up the no

1485
01:15:50,520 --> 01:15:55,000
Speaker 1: pun intended the official government line about oh, they were

1486
01:15:55,000 --> 01:15:56,920
Speaker 1: on this rogue mission and they were just doing their

1487
01:15:56,920 --> 01:15:59,559
Speaker 1: own thing. It's really not our fault to say no, no, no.

1488
01:15:59,600 --> 01:16:02,320
Speaker 1: They were sent on this mission and it was unconsortable

1489
01:16:02,400 --> 01:16:05,760
Speaker 1: that they were. That's one piece. The other piece is

1490
01:16:06,040 --> 01:16:09,760
Speaker 1: he uh was publishing, or had published, or was about

1491
01:16:09,800 --> 01:16:11,679
Speaker 1: to publish. It was about to publish a book. Yeah,

1492
01:16:11,720 --> 01:16:15,679
Speaker 1: so the details are really weird. It's called Operation Pineapple Express,

1493
01:16:15,760 --> 01:16:18,120
Speaker 1: the incredible story of a group of Americans who undertook

1494
01:16:18,160 --> 01:16:20,519
Speaker 1: one last mission and honored a promise in Afghanistan. That's

1495
01:16:20,520 --> 01:16:23,479
Speaker 1: why I alluded to earlier. It's supposed to come out

1496
01:16:23,880 --> 01:16:27,200
Speaker 1: but on April twenty seventh. But after April twenty seventh,

1497
01:16:27,200 --> 01:16:30,280
Speaker 1: the book, jacket and photo disappeared from his bio. Simon

1498
01:16:30,320 --> 01:16:33,040
Speaker 1: and Schuster scrubbed his name from all the press materials,

1499
01:16:33,200 --> 01:16:35,799
Speaker 1: and the first sentence of the jacket previously read quote.

1500
01:16:35,880 --> 01:16:38,479
Speaker 1: In April, ABC News correspondent James Gordon Meek got an

1501
01:16:38,560 --> 01:16:42,040
Speaker 1: urgent call from a Special Forces operator, a senior overseas.

1502
01:16:42,280 --> 01:16:44,719
Speaker 1: Now it says in April, an urgent call was placed

1503
01:16:44,840 --> 01:16:47,280
Speaker 1: from a special offer racism. So they took operator, took

1504
01:16:47,320 --> 01:16:49,479
Speaker 1: him out, It took his name out. I mean, look,

1505
01:16:49,760 --> 01:16:53,959
Speaker 1: nobody knows like it could involve highly highly classified information.

1506
01:16:54,320 --> 01:16:57,360
Speaker 1: That's possible, even if so. He is an American journalist,

1507
01:16:57,560 --> 01:17:01,080
Speaker 1: Emmy Award winning putting his credentials aside, like he if

1508
01:17:01,080 --> 01:17:03,320
Speaker 1: you have classified information as a journalist, you're just doing

1509
01:17:03,320 --> 01:17:05,760
Speaker 1: your job. To get raided by the FBI is outrageous

1510
01:17:05,760 --> 01:17:08,240
Speaker 1: and we will call it out if so. Again, the

1511
01:17:08,280 --> 01:17:11,320
Speaker 1: other option is that, you know, sometimes it could be

1512
01:17:11,360 --> 01:17:15,160
Speaker 1: like espionage related stuff and possible as to why they

1513
01:17:15,160 --> 01:17:17,240
Speaker 1: would raid his apartment. It also could have nothing to

1514
01:17:17,280 --> 01:17:20,720
Speaker 1: do with anything nothing yeah good, Yeah, but I mean,

1515
01:17:21,000 --> 01:17:23,439
Speaker 1: or it could be a combination where like he sort

1516
01:17:23,439 --> 01:17:25,519
Speaker 1: of came under scrutiny by the deep state because they

1517
01:17:25,520 --> 01:17:27,519
Speaker 1: didn't like some of his reporting, and then they uncovered

1518
01:17:27,560 --> 01:17:30,240
Speaker 1: something else that they can Yeah, that's you know, not

1519
01:17:30,320 --> 01:17:34,320
Speaker 1: really related directly to his work. Pure speculation. No one

1520
01:17:34,400 --> 01:17:37,160
Speaker 1: has any idea at this point. But anytime the FBI

1521
01:17:37,320 --> 01:17:40,480
Speaker 1: comes in with this kind of force and raids a journalist,

1522
01:17:40,880 --> 01:17:42,880
Speaker 1: this is something we need to pay attention. Not only raid.

1523
01:17:43,000 --> 01:17:45,519
Speaker 1: He resigned from his job to abruptly months ago, nobody

1524
01:17:45,600 --> 01:17:47,400
Speaker 1: vanished where the hell he is. Yeah, but even now

1525
01:17:47,439 --> 01:17:49,519
Speaker 1: we don't know where he is. So look, I hope

1526
01:17:49,520 --> 01:17:52,080
Speaker 1: he's safe, you know, at the very least, and clearly

1527
01:17:52,120 --> 01:17:54,519
Speaker 1: he was onto something, because they don't just bust your

1528
01:17:54,520 --> 01:17:59,960
Speaker 1: door down for nothing. Indeed, Crystal, what are taking a look?

1529
01:18:00,640 --> 01:18:03,799
Speaker 1: So we are about six months into an extraordinary period

1530
01:18:03,840 --> 01:18:06,280
Speaker 1: of interest rate hiking by the Fed, and as you

1531
01:18:06,320 --> 01:18:07,720
Speaker 1: know if you watch this show, the FED has been

1532
01:18:07,720 --> 01:18:10,759
Speaker 1: trying to get inflation under control by crushing wages, tanking

1533
01:18:10,800 --> 01:18:13,840
Speaker 1: the housing market, and spiking unemployment. In addition to the

1534
01:18:13,840 --> 01:18:16,640
Speaker 1: inherent cruelty of this approach, there's another big problem with

1535
01:18:16,680 --> 01:18:19,320
Speaker 1: it doesn't really seem to be working now. I see

1536
01:18:19,320 --> 01:18:22,080
Speaker 1: some economists saying inflation is just about to ease up.

1537
01:18:22,120 --> 01:18:24,320
Speaker 1: But while so far these are the numbers, the so

1538
01:18:24,439 --> 01:18:27,479
Speaker 1: called core consumer price index rose six point six percent

1539
01:18:27,520 --> 01:18:30,360
Speaker 1: year over year in September. That is the highest increase

1540
01:18:30,360 --> 01:18:33,200
Speaker 1: that we've had since August of nineteen eighty two. And

1541
01:18:33,240 --> 01:18:35,960
Speaker 1: there are some very good reasons why the Fed's actions

1542
01:18:36,000 --> 01:18:39,040
Speaker 1: alone might not be enough to get inflation under control,

1543
01:18:39,320 --> 01:18:41,720
Speaker 1: which is, the FED really has no control over the

1544
01:18:41,720 --> 01:18:44,920
Speaker 1: primary drivers of inflation, namely energy prices, which are being

1545
01:18:44,960 --> 01:18:47,040
Speaker 1: buffeted by all sorts of events from the Ukraine War,

1546
01:18:47,120 --> 01:18:50,840
Speaker 1: are sanctions, Saudi's manipulations, and notably, the FED also has

1547
01:18:50,880 --> 01:18:54,400
Speaker 1: no control over the corporate profiteering which has been rampant

1548
01:18:54,520 --> 01:18:57,080
Speaker 1: as CEOs have bragged about their ability to use the

1549
01:18:57,200 --> 01:19:00,920
Speaker 1: excuse of inflation to jack up their price. Congress Owan

1550
01:19:01,040 --> 01:19:04,599
Speaker 1: Katie Porter made this point flawlessly in a recent congressional hearing.

1551
01:19:04,680 --> 01:19:07,080
Speaker 1: Take a look, according to this chart, what is the

1552
01:19:07,120 --> 01:19:11,160
Speaker 1: biggest driver of inflation during the pandemic? The blue is

1553
01:19:11,200 --> 01:19:13,600
Speaker 1: the dark blue is the recent period. It would be

1554
01:19:13,600 --> 01:19:16,439
Speaker 1: corporate profits. And what is that percentage? It is fifty

1555
01:19:16,479 --> 01:19:18,400
Speaker 1: four percent and that number does stay at level of

1556
01:19:18,479 --> 01:19:20,200
Speaker 1: high if you update that number to more recent numbers

1557
01:19:20,200 --> 01:19:23,559
Speaker 1: as well. So over half of the increased prices people

1558
01:19:23,600 --> 01:19:27,519
Speaker 1: are paying are coming from increases in corporate profits. Yes,

1559
01:19:27,560 --> 01:19:30,240
Speaker 1: the unit price index is reflected in corporate profits as

1560
01:19:30,240 --> 01:19:31,960
Speaker 1: a post other coasts. And how does that compare it

1561
01:19:31,960 --> 01:19:34,559
Speaker 1: to historically, to other periods of inflation or over other

1562
01:19:34,600 --> 01:19:37,720
Speaker 1: periods of economic times reflected there in another analysis? It

1563
01:19:37,760 --> 01:19:41,360
Speaker 1: is significantly higher in this recovery eleven And what is

1564
01:19:41,400 --> 01:19:45,200
Speaker 1: it today? fIF fifty three percent. Now, I want to

1565
01:19:45,200 --> 01:19:48,040
Speaker 1: dig into this point today about corporate profiteering driving inflation

1566
01:19:48,080 --> 01:19:51,720
Speaker 1: with a very specific example that comes from the housing market. Now,

1567
01:19:51,760 --> 01:19:54,400
Speaker 1: at this point, one of the major drivers of inflation

1568
01:19:54,640 --> 01:19:57,200
Speaker 1: is shelter costs, that's rent, and that's housing. And as

1569
01:19:57,240 --> 01:20:00,120
Speaker 1: it turns out, pro Publica has just exposed what essentially

1570
01:20:00,160 --> 01:20:04,320
Speaker 1: amounts to a nationwide landlord cartel that is colluding to

1571
01:20:04,479 --> 01:20:07,839
Speaker 1: raise rent prices across the country. Now, this story reveals

1572
01:20:07,960 --> 01:20:11,040
Speaker 1: the untold truth of why the rent is so damn high,

1573
01:20:11,280 --> 01:20:13,000
Speaker 1: and it really has little to do with the workings

1574
01:20:13,040 --> 01:20:16,160
Speaker 1: of the Fed. FED chair Jerome Powell might have immense power,

1575
01:20:16,439 --> 01:20:20,479
Speaker 1: but he cannot himself break up an exploitative landlord cartel. Now,

1576
01:20:20,520 --> 01:20:23,479
Speaker 1: it turns out one company has come to dominate the

1577
01:20:23,479 --> 01:20:27,400
Speaker 1: market for setting rent prices nationwide. And that company Han's

1578
01:20:27,479 --> 01:20:29,800
Speaker 1: to been architected by a dude who was caught in

1579
01:20:29,880 --> 01:20:33,120
Speaker 1: an airline price fixing scandal back in the eighties. So

1580
01:20:33,240 --> 01:20:36,320
Speaker 1: here is that story from pro Publica quote rent going up.

1581
01:20:36,439 --> 01:20:40,320
Speaker 1: One company's algorithm could be why Texas based Real Pages

1582
01:20:40,479 --> 01:20:43,880
Speaker 1: yield star software helps landlord set prices for apartments across

1583
01:20:43,920 --> 01:20:47,000
Speaker 1: the US with rent soaring. Critics are concerned that the

1584
01:20:47,040 --> 01:20:51,759
Speaker 1: company's proprietary algorithm is hurting competition. Now, the article details

1585
01:20:51,760 --> 01:20:55,880
Speaker 1: how Real Page executives brag about being responsible for the

1586
01:20:55,920 --> 01:21:00,000
Speaker 1: insane increases in rent prices nationwide, exclaiming, quote, never before

1587
01:21:00,160 --> 01:21:03,120
Speaker 1: or if we see these numbers. Another executive explained how

1588
01:21:03,200 --> 01:21:06,679
Speaker 1: using the software made it easier for landlords to overcome

1589
01:21:06,720 --> 01:21:10,439
Speaker 1: their humanity in order to raise rents by eyewatering amounts.

1590
01:21:10,640 --> 01:21:13,360
Speaker 1: Quote as a property manager, very few of us would

1591
01:21:13,360 --> 01:21:15,720
Speaker 1: be willing to actually raise rents double digits within a

1592
01:21:15,800 --> 01:21:19,360
Speaker 1: single month by doing it manually. Again, they're saying this

1593
01:21:19,640 --> 01:21:22,040
Speaker 1: like it's a good thing, a selling point of yield

1594
01:21:22,120 --> 01:21:25,839
Speaker 1: Star's algorithm technology. In a testimonial, the director of revenue

1595
01:21:25,880 --> 01:21:29,639
Speaker 1: management for JVM Realty gushed the beauty of yield Stars

1596
01:21:29,680 --> 01:21:32,000
Speaker 1: that it pushes you to go to places you wouldn't

1597
01:21:32,040 --> 01:21:34,080
Speaker 1: have gone if you weren't using it. And if that

1598
01:21:34,200 --> 01:21:37,400
Speaker 1: wasn't blunt enough, one of the developers behind the algorithm

1599
01:21:37,479 --> 01:21:40,880
Speaker 1: inform Pro Publica that quote, leasing agents had too much

1600
01:21:40,960 --> 01:21:45,880
Speaker 1: empathy compared to computer generated pricing. Isn't that lovely that

1601
01:21:46,000 --> 01:21:49,280
Speaker 1: landlords are saved the emotional burden of having to actually

1602
01:21:49,320 --> 01:21:52,639
Speaker 1: contemplate the impact of these massive price hikes. They can

1603
01:21:52,720 --> 01:21:55,599
Speaker 1: remain numb to the human toll that their actions are taking.

1604
01:21:55,800 --> 01:21:59,559
Speaker 1: The brutality of it disintermediated through a machine as of course,

1605
01:21:59,640 --> 01:22:03,040
Speaker 1: the deva station for the renter class remains. Now, it's

1606
01:22:03,080 --> 01:22:05,639
Speaker 1: not hard to figure out why taking the cruelty out

1607
01:22:05,640 --> 01:22:08,200
Speaker 1: of pushing people out of their apartments is a necessary

1608
01:22:08,240 --> 01:22:11,160
Speaker 1: part of what yield Star is doing. Here for public documents,

1609
01:22:11,160 --> 01:22:14,719
Speaker 1: how yield Star pushes a strategy of raising rents even

1610
01:22:14,840 --> 01:22:18,680
Speaker 1: beyond what the market can really bear, calculating in all

1611
01:22:18,680 --> 01:22:22,280
Speaker 1: of its cold robotic efficiency that higher vacancy rates are

1612
01:22:22,320 --> 01:22:24,599
Speaker 1: more than made up for by the extra profits from

1613
01:22:24,680 --> 01:22:27,639
Speaker 1: higher rents. So yield Star is raising rents not only

1614
01:22:27,680 --> 01:22:31,040
Speaker 1: directly with their pricing, but by effectively lowering the rental

1615
01:22:31,040 --> 01:22:34,080
Speaker 1: stock that is available, putting pressure on all parts of

1616
01:22:34,080 --> 01:22:37,719
Speaker 1: the rental market. They would rather have apartments sit empty

1617
01:22:37,920 --> 01:22:41,360
Speaker 1: than to rent them out at more reasonable rates. What's more,

1618
01:22:41,640 --> 01:22:44,160
Speaker 1: in areas where yield Star has been heavily adopted, the

1619
01:22:44,200 --> 01:22:46,640
Speaker 1: algorithm creates a sort of a feedback loop that can

1620
01:22:46,720 --> 01:22:50,360
Speaker 1: lead to ever escalating prices. So basically, yield Star and

1621
01:22:50,400 --> 01:22:54,240
Speaker 1: their algorithm they take into account local market conditions, but

1622
01:22:54,320 --> 01:22:58,599
Speaker 1: they are also creating those local market conditions by setting

1623
01:22:58,600 --> 01:23:01,320
Speaker 1: prices for so many lands. You can see how this

1624
01:23:01,400 --> 01:23:04,439
Speaker 1: gets into being a feedback loop. Now, this is really apparent.

1625
01:23:04,479 --> 01:23:07,200
Speaker 1: In the city of Seattle, rents there have skyrocketed more

1626
01:23:07,200 --> 01:23:10,320
Speaker 1: than thirty percent over the past several years. ProPublica found

1627
01:23:10,360 --> 01:23:12,960
Speaker 1: a neighborhood where seventy percent of all the units in

1628
01:23:13,000 --> 01:23:15,880
Speaker 1: that neighborhood were priced by yield Star in their algorithm,

1629
01:23:16,160 --> 01:23:18,200
Speaker 1: and they went and they interviewed some local runners. The

1630
01:23:18,760 --> 01:23:22,599
Speaker 1: results were incredibly predictable. One company told pro Publica their

1631
01:23:22,640 --> 01:23:26,320
Speaker 1: rent increased by a third in a single year. They

1632
01:23:26,320 --> 01:23:28,840
Speaker 1: were forced to move out of the city entirely. A

1633
01:23:28,880 --> 01:23:31,559
Speaker 1: nearby building that was one of the few that was

1634
01:23:31,680 --> 01:23:34,479
Speaker 1: not priced by yield Star. They had increased rent, but

1635
01:23:34,600 --> 01:23:37,439
Speaker 1: only moderately during the same period. One tenant there said

1636
01:23:37,439 --> 01:23:39,559
Speaker 1: he had seen his rent go up by fifty bucks.

1637
01:23:39,640 --> 01:23:42,799
Speaker 1: That's a three point nine percent increase. Now this model

1638
01:23:42,840 --> 01:23:45,759
Speaker 1: is not just morally bankrupt, it also might be illegal.

1639
01:23:45,960 --> 01:23:48,960
Speaker 1: After all, yield Star has basically become a monopoly after

1640
01:23:49,320 --> 01:23:53,200
Speaker 1: controversial Trump era merger between yield Star's owner, Real Page

1641
01:23:53,200 --> 01:23:57,160
Speaker 1: and their largest competitor lease rent Options. What's more, yield

1642
01:23:57,160 --> 01:24:01,600
Speaker 1: Star algorithmically coordinates prices across market just because it's technology

1643
01:24:01,640 --> 01:24:04,519
Speaker 1: that's doing the colluding rather than human beings directly. That

1644
01:24:04,560 --> 01:24:08,639
Speaker 1: doesn't change the fact it's still collusion. But even beyond that,

1645
01:24:09,120 --> 01:24:13,480
Speaker 1: Yield Star users are encouraged to directly meet and share information,

1646
01:24:13,760 --> 01:24:17,439
Speaker 1: which they do both online and informalized annual conferences and

1647
01:24:17,520 --> 01:24:22,400
Speaker 1: quarterly conference calls. Direct collusion, indirect collusion founded by a

1648
01:24:22,479 --> 01:24:25,200
Speaker 1: dude who was caught price fixing. I rust my case,

1649
01:24:25,640 --> 01:24:28,519
Speaker 1: and here is what Jerome Powell and the FED can

1650
01:24:28,560 --> 01:24:33,080
Speaker 1: do about it. Not a goddamn thing. Raising interest rates

1651
01:24:33,080 --> 01:24:35,439
Speaker 1: and crushing workers is not going to move the needle

1652
01:24:35,479 --> 01:24:38,360
Speaker 1: on collusion driven rent hikes, but it won't stop the

1653
01:24:38,400 --> 01:24:41,320
Speaker 1: FED from trying. Of course, Rather than crushing wages and

1654
01:24:41,320 --> 01:24:45,680
Speaker 1: spiking unemployment, we should be crushing monopolies, breaking up cartels,

1655
01:24:45,800 --> 01:24:49,519
Speaker 1: and shaming the companies that are exploiting our people. This

1656
01:24:49,560 --> 01:24:52,120
Speaker 1: thing was astonishing to me. And if you want to

1657
01:24:52,120 --> 01:24:55,479
Speaker 1: hear my reaction to Crystal's monologue, become a premium subscriber

1658
01:24:55,479 --> 01:25:00,960
Speaker 1: today at breakingpoints dot com. All right, Zager, what you're

1659
01:25:01,000 --> 01:25:02,920
Speaker 1: looking at. Well, one of the most difficult things that

1660
01:25:02,960 --> 01:25:04,519
Speaker 1: we have to grapple with in the job is not

1661
01:25:04,600 --> 01:25:07,479
Speaker 1: make everyone a full blown cynic who completely loses faith

1662
01:25:07,479 --> 01:25:10,799
Speaker 1: in the ability of democracy to accomplish something. Trust in Americans.

1663
01:25:10,840 --> 01:25:13,200
Speaker 1: Institutions are so low at this point that even trying

1664
01:25:13,200 --> 01:25:15,759
Speaker 1: to fix something is actually the wrong way to get elected.

1665
01:25:15,920 --> 01:25:18,599
Speaker 1: It's easier to criticize the existing institutions, and then when

1666
01:25:18,640 --> 01:25:21,160
Speaker 1: you capture power, just take care of your friends rather

1667
01:25:21,200 --> 01:25:23,639
Speaker 1: than reach across the aisle or do really anything at all.

1668
01:25:24,000 --> 01:25:26,360
Speaker 1: None of that comes down Not all of that, though,

1669
01:25:26,479 --> 01:25:28,599
Speaker 1: comes down to money, but a lot of it does.

1670
01:25:28,800 --> 01:25:31,120
Speaker 1: And that is why restoring faith in our country one

1671
01:25:31,160 --> 01:25:33,360
Speaker 1: of the most central things that we must accomplish is

1672
01:25:33,400 --> 01:25:36,640
Speaker 1: destroying the popular and largely true notion that many of

1673
01:25:36,640 --> 01:25:39,280
Speaker 1: the people who are involved in quote public service are

1674
01:25:39,320 --> 01:25:42,400
Speaker 1: really just doing it to get personally wealthy. Now, nobody

1675
01:25:42,400 --> 01:25:44,599
Speaker 1: has a problem in calling out members of Congress trading

1676
01:25:44,640 --> 01:25:47,360
Speaker 1: stocks because everyone hates Congress. But it's in the more

1677
01:25:47,439 --> 01:25:51,479
Speaker 1: quote respected institutions where corruption still lurks deep and actually

1678
01:25:51,680 --> 01:25:54,120
Speaker 1: must be called out to a similar degree. Before the

1679
01:25:54,160 --> 01:25:56,759
Speaker 1: Bush years, try and remember the reverence that we felt

1680
01:25:56,880 --> 01:25:59,880
Speaker 1: not only for the US military but the most higher ups,

1681
01:26:00,040 --> 01:26:03,960
Speaker 1: people like Norman Schwarzkow were genuine heroes in the United States.

1682
01:26:04,160 --> 01:26:06,760
Speaker 1: That reverence was played on actually by the Bush administration

1683
01:26:07,040 --> 01:26:09,000
Speaker 1: to prop up the war in Iraq and later by

1684
01:26:09,000 --> 01:26:11,759
Speaker 1: the Obama and Trump administration to hold up our failing

1685
01:26:11,760 --> 01:26:15,679
Speaker 1: policies in Afghanistan for years. The political leaders actually used

1686
01:26:15,720 --> 01:26:19,040
Speaker 1: the US military's credibility to turn not only commanders into

1687
01:26:19,080 --> 01:26:22,400
Speaker 1: genuine stars, but into the lynchpins of their public strategy

1688
01:26:22,560 --> 01:26:25,200
Speaker 1: to build support for the war. The problem was that

1689
01:26:25,200 --> 01:26:28,400
Speaker 1: the military leaders were lying to us. They were political.

1690
01:26:28,640 --> 01:26:31,519
Speaker 1: They showed us during the Afghanistan pull out. The story

1691
01:26:31,600 --> 01:26:34,360
Speaker 1: for me is that every single US commander who said

1692
01:26:34,400 --> 01:26:37,439
Speaker 1: we were quote making progress in the US military, they

1693
01:26:37,520 --> 01:26:40,400
Speaker 1: lied to Congress and to the American people. And just

1694
01:26:40,520 --> 01:26:43,439
Speaker 1: like the other liars in Washington, these generals traded their

1695
01:26:43,479 --> 01:26:46,080
Speaker 1: cachet in elite media and knowledge of the system to

1696
01:26:46,160 --> 01:26:48,639
Speaker 1: then now turn around and sell it to the highest bidder.

1697
01:26:48,920 --> 01:26:51,400
Speaker 1: It has always been a genuine scandal that former four

1698
01:26:51,439 --> 01:26:54,120
Speaker 1: star generals have walked right over to the largest weapons

1699
01:26:54,160 --> 01:26:57,240
Speaker 1: contractors in the United States. It's corrupt and discussing, but

1700
01:26:57,320 --> 01:26:58,960
Speaker 1: I mean, compared to what I'm about to show you,

1701
01:26:59,160 --> 01:27:02,719
Speaker 1: I guess at least were American companies. Now these generals

1702
01:27:02,720 --> 01:27:05,240
Speaker 1: have taken it to a whole new level. Craig Whitlock

1703
01:27:05,280 --> 01:27:08,200
Speaker 1: at the Washington Post, who published the legendary Afghanistan Papers

1704
01:27:08,400 --> 01:27:11,880
Speaker 1: reveals in a new investigation, hundreds of former higher ups

1705
01:27:11,880 --> 01:27:14,519
Speaker 1: in the US military are actively working for the crown

1706
01:27:14,560 --> 01:27:17,920
Speaker 1: pans of Saudi Arabia. First and foremost, former Marine General

1707
01:27:18,000 --> 01:27:21,439
Speaker 1: Jim Jones, who literally served as Obama's National Security Advisor

1708
01:27:21,560 --> 01:27:24,720
Speaker 1: and commandant of the Marine Corps. Whitlock shows Jones has

1709
01:27:24,720 --> 01:27:27,920
Speaker 1: been on the take to Saudi since twenty seventeen. Document

1710
01:27:27,960 --> 01:27:30,240
Speaker 1: show Jones not only went to work for MBS to

1711
01:27:30,360 --> 01:27:33,320
Speaker 1: increase the capability of the Saudi military in its barbarous

1712
01:27:33,360 --> 01:27:36,639
Speaker 1: campaign in Yemen, but that he personally recruited four other

1713
01:27:36,760 --> 01:27:40,120
Speaker 1: former generals and even former Secretary of Defense William Cohen,

1714
01:27:40,280 --> 01:27:43,439
Speaker 1: who worked in the Bill Clinton administration. What's especially gross

1715
01:27:43,439 --> 01:27:46,000
Speaker 1: about this group not only do they take Saudi money,

1716
01:27:46,080 --> 01:27:48,759
Speaker 1: they actually increased their work for them after the murder

1717
01:27:48,800 --> 01:27:52,519
Speaker 1: of Jamal Kashogi. Now, look, say you don't care about Kashogi.

1718
01:27:52,760 --> 01:27:55,280
Speaker 1: At a basic level, this is a barberous regime that

1719
01:27:55,360 --> 01:27:57,120
Speaker 1: at best had little to do with nine to eleven

1720
01:27:57,160 --> 01:27:59,960
Speaker 1: and at worst share a massive responsibility for nine to eleven.

1721
01:28:00,040 --> 01:28:02,920
Speaker 1: What I personally believe at a basic level the ideology

1722
01:28:02,960 --> 01:28:06,200
Speaker 1: that they have perpetuated across the world is responsible for

1723
01:28:06,200 --> 01:28:09,280
Speaker 1: an immanal amount of human suffering and death. How dare

1724
01:28:09,360 --> 01:28:11,840
Speaker 1: these generals use the cachet and connections that they built

1725
01:28:11,880 --> 01:28:15,639
Speaker 1: up on the taxpayer dime to become multimillionaires with blood money.

1726
01:28:15,840 --> 01:28:19,400
Speaker 1: It gets worse, though, Former four star General Keith Alexander,

1727
01:28:19,520 --> 01:28:22,840
Speaker 1: the former head of the NSSA, cut a massive deal

1728
01:28:22,880 --> 01:28:26,320
Speaker 1: with the Kingdom to build a so called College of Cybersecurity.

1729
01:28:26,640 --> 01:28:29,240
Speaker 1: It was supposedly the first college of its kind to

1730
01:28:29,360 --> 01:28:34,000
Speaker 1: reap to help the Saudi regime conduct cyber warfare. This too,

1731
01:28:34,160 --> 01:28:37,400
Speaker 1: it was actually signed after the Koshogi murder. More insane

1732
01:28:37,560 --> 01:28:41,120
Speaker 1: is that, in exchange the case of both Jones and Alexander,

1733
01:28:41,320 --> 01:28:45,120
Speaker 1: they were both approved by the US government. Even more

1734
01:28:45,160 --> 01:28:48,200
Speaker 1: stunning not only their approval, but now the ongoing cover

1735
01:28:48,280 --> 01:28:51,439
Speaker 1: up by the US military of these transactions. Not only

1736
01:28:51,439 --> 01:28:53,839
Speaker 1: did they approve them, but then they fought the Washington

1737
01:28:53,840 --> 01:28:56,000
Speaker 1: Post in court when they asked for the records of

1738
01:28:56,040 --> 01:28:59,160
Speaker 1: how much these guys were getting paid by the Saudi government, arguing,

1739
01:28:59,200 --> 01:29:01,679
Speaker 1: and this is a direct quote, asserting that the public

1740
01:29:01,720 --> 01:29:05,280
Speaker 1: has no right to that information. In fact, many of

1741
01:29:05,320 --> 01:29:08,679
Speaker 1: the names of the less pous military personnel working for RIOD.

1742
01:29:08,920 --> 01:29:12,479
Speaker 1: They are still being held secret by our government. After

1743
01:29:12,520 --> 01:29:14,840
Speaker 1: Saudi Arabia stabbed the US and the back and height

1744
01:29:14,880 --> 01:29:17,800
Speaker 1: oil prices. This is how they responded to the criticism.

1745
01:29:17,960 --> 01:29:22,479
Speaker 1: Take a listen, anybody, the challenges the existence of this

1746
01:29:22,640 --> 01:29:31,400
Speaker 1: country and this kingdom all of us. We are projects off.

1747
01:29:31,520 --> 01:29:36,360
Speaker 1: You had and martyred them. That's my message to anybody

1748
01:29:36,360 --> 01:29:41,599
Speaker 1: did that thinks that you can threaten us. Saudi's doing

1749
01:29:41,600 --> 01:29:44,519
Speaker 1: what they do best. If you disagree with them, even

1750
01:29:44,560 --> 01:29:47,120
Speaker 1: if you literally guarantee the existence of the regime and

1751
01:29:47,200 --> 01:29:49,519
Speaker 1: sell them hundred billion dollars in weapons and never punish

1752
01:29:49,560 --> 01:29:52,080
Speaker 1: them for nine to eleven, they will threaten you with war.

1753
01:29:52,400 --> 01:29:55,040
Speaker 1: The Saudis are terrible allies, and yet because they have

1754
01:29:55,080 --> 01:29:56,920
Speaker 1: a lot of money, we all just look the other way.

1755
01:29:57,200 --> 01:29:59,679
Speaker 1: The fact that our generals are willing to help them,

1756
01:30:00,240 --> 01:30:03,200
Speaker 1: that these people, how deep the corruption has gone inside

1757
01:30:03,240 --> 01:30:06,400
Speaker 1: the system. What's even crazier is that Jones and Alexander,

1758
01:30:06,439 --> 01:30:09,760
Speaker 1: despite their work, are accepted as completely unbiased members of

1759
01:30:09,800 --> 01:30:13,559
Speaker 1: the DC establishment. Their transgressions here are the accepted kind,

1760
01:30:13,880 --> 01:30:16,479
Speaker 1: like former General John Allen, who literally is under federal

1761
01:30:16,520 --> 01:30:19,800
Speaker 1: investigation right now for being a foreign agent. Remember this

1762
01:30:19,880 --> 01:30:21,880
Speaker 1: the next time that you turn on your TV you

1763
01:30:21,920 --> 01:30:24,679
Speaker 1: see a former four star general advocating for war in Ukraine,

1764
01:30:24,800 --> 01:30:27,320
Speaker 1: which you probably can right now. Who are they working for?

1765
01:30:27,600 --> 01:30:31,320
Speaker 1: Who do they really represent? I think, look, it's easy,

1766
01:30:31,680 --> 01:30:33,840
Speaker 1: it's easy to and if you want to hear my

1767
01:30:34,000 --> 01:30:37,519
Speaker 1: reaction to Sager's monologue, become a Premium subscriber today at

1768
01:30:37,520 --> 01:30:42,360
Speaker 1: Breakingpoints dot Com. All right, guys, thank you so much

1769
01:30:42,360 --> 01:30:44,599
Speaker 1: for watching. We really appreciate it. We've got really long

1770
01:30:44,640 --> 01:30:46,360
Speaker 1: show today, so we ended up having a guest that

1771
01:30:46,400 --> 01:30:48,479
Speaker 1: will be airing on the weekend. I think that you

1772
01:30:48,520 --> 01:30:50,800
Speaker 1: are all or really enjoy it. We really missed being

1773
01:30:50,840 --> 01:30:52,720
Speaker 1: with all of you, and thank you for bearing with

1774
01:30:52,800 --> 01:30:55,240
Speaker 1: us as we had a lot of work travel that's

1775
01:30:55,280 --> 01:30:57,400
Speaker 1: been catching up with us. So it was very very

1776
01:30:57,439 --> 01:31:00,120
Speaker 1: good in order to be back here at the desk.

1777
01:31:00,200 --> 01:31:02,439
Speaker 1: Thank you so much to all the Premium members and

1778
01:31:02,479 --> 01:31:05,120
Speaker 1: others who made it possible to Counterpoints, who did a

1779
01:31:05,120 --> 01:31:08,280
Speaker 1: fantastic job. You guys, funded their expansion, funded our ability

1780
01:31:08,280 --> 01:31:11,240
Speaker 1: to bring another person onto the team, and some interesting

1781
01:31:11,240 --> 01:31:13,519
Speaker 1: new announcements that I think you guys will all enjoy

1782
01:31:13,600 --> 01:31:15,880
Speaker 1: in the coming months. So anyway, we can't thank you

1783
01:31:15,920 --> 01:31:17,720
Speaker 1: all enough. It was so awesome to meet so much,

1784
01:31:17,800 --> 01:31:19,799
Speaker 1: so many of you in Chicago. We have great content

1785
01:31:20,080 --> 01:31:23,200
Speaker 1: for you all over the weekend, including Counterpoints again tomorrow,

1786
01:31:23,439 --> 01:31:25,080
Speaker 1: so if you want to become a Premium member, we

1787
01:31:25,120 --> 01:31:27,519
Speaker 1: deeply appreciate it. Otherwise, we'll see you all next week.

1788
01:31:27,560 --> 01:31:43,720
Speaker 1: See on Monday.