1 00:00:00,240 --> 00:00:02,320 Speaker 1: Hey, guys, thanks for listening to Breaking Points with Crystal 2 00:00:02,360 --> 00:00:04,240 Speaker 1: and Sager. We're going to be totally upfront with you. 3 00:00:04,360 --> 00:00:07,200 Speaker 1: We took a big risk going independent to make this work. 4 00:00:07,320 --> 00:00:11,880 Speaker 1: We need your support to beat the corporate media CNN, Fox, MSNBC. 5 00:00:12,200 --> 00:00:15,760 Speaker 1: They are ripping this country apart. They are making millions 6 00:00:15,760 --> 00:00:18,360 Speaker 1: of dollars doing it to help support our mission of 7 00:00:18,440 --> 00:00:20,720 Speaker 1: making all of us hate each other, less hate the 8 00:00:20,720 --> 00:00:24,000 Speaker 1: corrupt ruling class more support the show. Become a Breaking 9 00:00:24,000 --> 00:00:26,560 Speaker 1: Points Premium Member today, where you get to watch and 10 00:00:26,680 --> 00:00:29,640 Speaker 1: listen to the entire show ad free and uncut, an 11 00:00:29,640 --> 00:00:32,440 Speaker 1: hour early before everyone else. You get to hear our 12 00:00:32,479 --> 00:00:35,360 Speaker 1: reactions to each other's monologues. You get to participate and 13 00:00:35,360 --> 00:00:37,960 Speaker 1: weekly ask me any things, and you don't need to 14 00:00:38,000 --> 00:00:41,040 Speaker 1: hear our annoying voices pitching you like I am right now? 15 00:00:41,120 --> 00:00:43,320 Speaker 1: So what are you waiting for? Go to Breakingpoints dot 16 00:00:43,320 --> 00:00:46,080 Speaker 1: com become a Premium member today, which is available in 17 00:00:46,120 --> 00:01:05,920 Speaker 1: the show notes. Enjoy the show, guys, Good morning, everybody, 18 00:01:05,959 --> 00:01:09,080 Speaker 1: Happy Thursday. We have an amazing show for everybody today. 19 00:01:09,120 --> 00:01:10,920 Speaker 1: What do we have, Crystal? Indeed we do so. We 20 00:01:11,000 --> 00:01:13,840 Speaker 1: have some big updates this morning about Evergrand that's that 21 00:01:14,040 --> 00:01:17,800 Speaker 1: Chinese property development company that is in danger of collapse, 22 00:01:17,880 --> 00:01:21,520 Speaker 1: potential contagion across the Chinese economy. Some people are calling 23 00:01:21,560 --> 00:01:25,440 Speaker 1: it potentially a Lehman Brothers moment for China. Indications this 24 00:01:25,560 --> 00:01:29,080 Speaker 1: morning that in spite of all expectations, the Chinese government 25 00:01:29,280 --> 00:01:32,319 Speaker 1: may not actually bail them out. So we're going to 26 00:01:32,319 --> 00:01:35,800 Speaker 1: talk about what's going on there. Some interesting updates on 27 00:01:36,040 --> 00:01:39,600 Speaker 1: everyone's favorite ex president, of course, I'm talking about George W. 28 00:01:39,720 --> 00:01:43,200 Speaker 1: Bush joining up with Liz Cheney getting the old band 29 00:01:43,319 --> 00:01:46,600 Speaker 1: back together Saturay. You love to see it, one thing 30 00:01:46,600 --> 00:01:48,480 Speaker 1: you do actually love to see. So he got yelled 31 00:01:48,520 --> 00:01:51,960 Speaker 1: at by a war veteran for his many crimes, so 32 00:01:52,080 --> 00:01:55,440 Speaker 1: that was very satisfying. We'll show you that interesting moment 33 00:01:55,560 --> 00:02:00,160 Speaker 1: with Bill Gates getting asked about Jeffrey Epstein. I'm not 34 00:02:00,200 --> 00:02:01,760 Speaker 1: going to say anything more. We'll show it to you 35 00:02:01,880 --> 00:02:05,280 Speaker 1: and talk about that. Also, the view Ladies melting down 36 00:02:05,280 --> 00:02:08,280 Speaker 1: of Vermonica Lewinsky reviving some great old debates from nineteen 37 00:02:08,360 --> 00:02:12,560 Speaker 1: ninety nine. We also very excited about I guess we 38 00:02:12,600 --> 00:02:14,679 Speaker 1: have on today. Ben Trekinger, he wrote a book about 39 00:02:14,720 --> 00:02:18,840 Speaker 1: the Biden family, tracking Joe's career, talking about some of 40 00:02:18,880 --> 00:02:21,679 Speaker 1: the family corruption. He also broke you guys might have 41 00:02:21,760 --> 00:02:25,200 Speaker 1: seen this. He broke the story that oh lo and behold, 42 00:02:25,320 --> 00:02:27,919 Speaker 1: at least some of those emails on Hunter's laptop were 43 00:02:27,960 --> 00:02:31,640 Speaker 1: actually legitimate A track people who were the recipients of 44 00:02:31,639 --> 00:02:35,240 Speaker 1: those emails, specifically the ones about Joe Biden possibly getting 45 00:02:35,240 --> 00:02:37,200 Speaker 1: a little bit of kickback in your see. Yeah, totally. 46 00:02:37,400 --> 00:02:39,680 Speaker 1: I'm sure you're totally shocked to find out that the 47 00:02:40,080 --> 00:02:43,400 Speaker 1: Hunter laptop was actually real thing. But we wanted to 48 00:02:43,440 --> 00:02:47,239 Speaker 1: start with a big old mess here in Washington and 49 00:02:47,919 --> 00:02:51,720 Speaker 1: the most consequential game of chicken that anyone has ever 50 00:02:51,800 --> 00:02:55,880 Speaker 1: seen between progressives and corporatists on what exactly is going 51 00:02:55,960 --> 00:02:59,120 Speaker 1: to happen with this reconciliation bill. And the first thing 52 00:02:59,120 --> 00:03:01,960 Speaker 1: I want to say is is because the way they 53 00:03:02,000 --> 00:03:05,040 Speaker 1: decided to do this is so complex, it's so mired 54 00:03:05,040 --> 00:03:10,000 Speaker 1: and like procedure and the parliamentarian and reconciliation process and 55 00:03:10,120 --> 00:03:12,680 Speaker 1: all of this nonsense, I understand it's really easy for 56 00:03:12,720 --> 00:03:15,000 Speaker 1: eyes to glaze over, but I want you to know 57 00:03:15,080 --> 00:03:19,640 Speaker 1: that the potential implications here are absolutely massive. This is 58 00:03:19,720 --> 00:03:24,080 Speaker 1: the Biden agenda. Okay, if nothing happens on reconciliation that's 59 00:03:24,120 --> 00:03:26,640 Speaker 1: it for his presidency. That means that there is no 60 00:03:26,840 --> 00:03:29,919 Speaker 1: changing the trajectory for working class people, there's no changing 61 00:03:29,960 --> 00:03:32,640 Speaker 1: the trajectory for a climate change, all of union rights, 62 00:03:32,680 --> 00:03:35,120 Speaker 1: all of these things that have been proposed to be 63 00:03:35,160 --> 00:03:38,520 Speaker 1: included in this package. That's it, it's done, it's over. 64 00:03:39,000 --> 00:03:44,200 Speaker 1: So the entire Biden presidency is basically at stake right now, 65 00:03:44,320 --> 00:03:46,920 Speaker 1: in this moment, right right now, in this moment. So 66 00:03:47,120 --> 00:03:50,320 Speaker 1: on one side you have the progressives. Their position has 67 00:03:50,400 --> 00:03:55,000 Speaker 1: always been, look, these two pieces, the bipartisan infrastructure proposal, 68 00:03:55,000 --> 00:03:57,120 Speaker 1: which we think kind of sucks and don't really want 69 00:03:57,120 --> 00:04:00,000 Speaker 1: to vote for. We will only vote for that if 70 00:04:00,200 --> 00:04:03,240 Speaker 1: tied to the reconciliation bill. The original deal was that 71 00:04:03,280 --> 00:04:05,840 Speaker 1: the corporatists were on the opposite side. Okay, fine, we'll 72 00:04:05,880 --> 00:04:09,160 Speaker 1: vote for the reconciliation piece if we get our infrastructure deal. 73 00:04:09,640 --> 00:04:11,960 Speaker 1: In recent weeks, they've tried to tear those things apart 74 00:04:12,000 --> 00:04:14,920 Speaker 1: so that they only get their stupid bipartisan infrastructure deal 75 00:04:14,960 --> 00:04:19,000 Speaker 1: and that the reconciliation bill effectively gets tanked. So the 76 00:04:19,080 --> 00:04:22,240 Speaker 1: question has been number one, are progressive is going to 77 00:04:22,240 --> 00:04:24,200 Speaker 1: hold strong? Are they actually going to stick to their 78 00:04:24,240 --> 00:04:26,680 Speaker 1: position now that there's starting to be some pressure on them, 79 00:04:26,680 --> 00:04:28,200 Speaker 1: and the media is starting to turn on them. We're 80 00:04:28,200 --> 00:04:30,360 Speaker 1: going to show you that in a moment. And number two, 81 00:04:30,480 --> 00:04:32,760 Speaker 1: are the corporatists going to stick to their position? Are 82 00:04:32,760 --> 00:04:36,360 Speaker 1: they actually going to let both bills fail, both their 83 00:04:36,360 --> 00:04:39,719 Speaker 1: infrastructure bill and the reconciliation bill and effectively tank the 84 00:04:39,880 --> 00:04:44,720 Speaker 1: entire Biden presidency. So far neither side is blinking. Let 85 00:04:44,720 --> 00:04:47,279 Speaker 1: me show you first the chair of the House Congressional 86 00:04:47,279 --> 00:04:51,760 Speaker 1: Progressive Caucus, Primilagia Paula, talking about their position. How many 87 00:04:51,760 --> 00:04:54,520 Speaker 1: members are there of the House Democratic Progressive Caucus. They're 88 00:04:54,600 --> 00:04:59,880 Speaker 1: ninety six members, and over half are absolutely committed to 89 00:05:00,000 --> 00:05:02,760 Speaker 1: to making sure we deliver both bills at the same time. 90 00:05:02,880 --> 00:05:07,520 Speaker 1: So forty eight Democrats will vote against the House Infrastructure 91 00:05:07,560 --> 00:05:12,000 Speaker 1: bill if it does not come with the budget reconciliation package. 92 00:05:12,040 --> 00:05:14,680 Speaker 1: Is that more than half, more than half of our 93 00:05:14,720 --> 00:05:19,680 Speaker 1: members will vote for both bills. And this was the 94 00:05:19,720 --> 00:05:22,240 Speaker 1: deal Jake that came out of the Senate when they passed. 95 00:05:22,440 --> 00:05:26,440 Speaker 1: When Progressive senators passed the bipartisan bill in the Senate, 96 00:05:26,520 --> 00:05:31,400 Speaker 1: it was on the specific understanding and commitment that both 97 00:05:31,480 --> 00:05:34,359 Speaker 1: bills would move together. And so now we want to 98 00:05:34,360 --> 00:05:36,560 Speaker 1: make sure that both bills are moving together, and we're 99 00:05:36,600 --> 00:05:39,360 Speaker 1: going to hold to that commitment. And so yes, half 100 00:05:39,400 --> 00:05:43,599 Speaker 1: our members, more than half our members, will not move 101 00:05:43,880 --> 00:05:48,800 Speaker 1: the bipartisan bill without the reconciliation bill being passed. And 102 00:05:48,839 --> 00:05:52,120 Speaker 1: that bipartisan infrastructure bill is supposed to come up for 103 00:05:52,160 --> 00:05:55,440 Speaker 1: a vote on Monday. So we'll see all coming to 104 00:05:55,480 --> 00:05:58,360 Speaker 1: a head very very quickly. But what she says there 105 00:05:58,360 --> 00:06:00,400 Speaker 1: that is crucial is, look, we got nine y plus 106 00:06:00,400 --> 00:06:02,440 Speaker 1: members of the House Progressive Caucus, and at least half 107 00:06:02,520 --> 00:06:05,440 Speaker 1: of them, so forty to fifty members are not going 108 00:06:05,480 --> 00:06:08,279 Speaker 1: to vote for the infrastructure bill. The infrastructure bill will 109 00:06:08,360 --> 00:06:11,240 Speaker 1: fail if we don't have it tied together with the 110 00:06:11,279 --> 00:06:15,039 Speaker 1: reconciliation bill. So so far, the Progressives hanging in. They're 111 00:06:15,080 --> 00:06:18,080 Speaker 1: tough being very clear about their position, at least with 112 00:06:18,120 --> 00:06:20,719 Speaker 1: regards to that tactic. What they haven't been clear about 113 00:06:20,800 --> 00:06:24,960 Speaker 1: is what they would accept on a scaled down reconciliation bill, 114 00:06:25,000 --> 00:06:27,560 Speaker 1: which is where things may end up landing. On the 115 00:06:27,600 --> 00:06:31,320 Speaker 1: other side, you have Josh Gottheimer and the corporate Democrats. 116 00:06:31,640 --> 00:06:34,080 Speaker 1: They're the ones who only want the infrastructure bill. They 117 00:06:34,080 --> 00:06:37,920 Speaker 1: don't want the reconciliation bill whatsoever. They're saying that, Listen, 118 00:06:38,000 --> 00:06:40,680 Speaker 1: we're not going to vote for this reconciliation bill, especially 119 00:06:40,680 --> 00:06:43,000 Speaker 1: if we don't get our infrastructure package, which we again 120 00:06:43,040 --> 00:06:45,279 Speaker 1: are supposed to vote on on Monday. Let's take a 121 00:06:45,320 --> 00:06:48,440 Speaker 1: listen to what Josh Gotttheimer has to say. Well, first, 122 00:06:48,480 --> 00:06:50,400 Speaker 1: the vote on infrastructure, of course is out of the 123 00:06:50,440 --> 00:06:52,720 Speaker 1: Senate sitting waiting for our vote, so we should all 124 00:06:52,760 --> 00:06:54,240 Speaker 1: get behind that on Monday. And then we're going to, 125 00:06:54,320 --> 00:06:56,200 Speaker 1: of course keep working so hard as we have been 126 00:06:56,600 --> 00:06:58,960 Speaker 1: on the reconciliation bill. There's so many things in there 127 00:06:59,160 --> 00:07:01,800 Speaker 1: that are important, from from climate to reinstating the state 128 00:07:01,839 --> 00:07:04,240 Speaker 1: local pax sueduction, which matters a lot to Jersey where 129 00:07:04,240 --> 00:07:07,280 Speaker 1: I'm from, to get taxes down for our families. You know, 130 00:07:07,320 --> 00:07:09,200 Speaker 1: there's no reason why this can't get done, and I'm 131 00:07:09,240 --> 00:07:12,280 Speaker 1: really optimistic that it will. But it makes no sense 132 00:07:12,680 --> 00:07:14,920 Speaker 1: to Actually, these are two separate bills. They stand on 133 00:07:14,920 --> 00:07:17,120 Speaker 1: their own. It makes no sense to vote against an 134 00:07:17,120 --> 00:07:19,960 Speaker 1: infrastructure bill that's got two million jobs a year with 135 00:07:20,120 --> 00:07:22,280 Speaker 1: it to help hardworking men and women a labor and 136 00:07:22,320 --> 00:07:24,320 Speaker 1: it makes just no sense to me. So we're going 137 00:07:24,360 --> 00:07:26,160 Speaker 1: to get that done. It's a key part of the 138 00:07:26,160 --> 00:07:29,160 Speaker 1: President's agenda, and I know that every Democrat will ultimately 139 00:07:29,160 --> 00:07:32,880 Speaker 1: be there at the end of the day. So effectively, 140 00:07:32,920 --> 00:07:35,480 Speaker 1: what happened here is corporate Democrats have sort of blown 141 00:07:35,560 --> 00:07:37,560 Speaker 1: up the truth and the deal that they had. They 142 00:07:37,600 --> 00:07:40,400 Speaker 1: want the biparson infrastructure deal, which is very business friendly. 143 00:07:40,640 --> 00:07:43,080 Speaker 1: They don't really want reconciliation, even though he says, oh, 144 00:07:43,080 --> 00:07:46,000 Speaker 1: sure there's great stuff in it. Clearly their tactics are 145 00:07:46,320 --> 00:07:50,760 Speaker 1: meant to kill the entire reconciliation package. The last thing 146 00:07:50,760 --> 00:07:53,080 Speaker 1: that I'll show you and then we can discuss is, 147 00:07:53,680 --> 00:07:56,120 Speaker 1: of course, whose side is the media going to take. Oh, 148 00:07:56,120 --> 00:07:58,640 Speaker 1: they're already going. They're starting to take the knives out 149 00:07:58,680 --> 00:08:01,280 Speaker 1: to go after Progressives and act like they're the ones 150 00:08:01,320 --> 00:08:03,600 Speaker 1: that are standing the way of any sort of progress here. 151 00:08:03,840 --> 00:08:05,760 Speaker 1: Let's take a listen to Kate Baldwin, who is sort 152 00:08:05,760 --> 00:08:09,720 Speaker 1: of representative of this line of thinking from CNN, challenging 153 00:08:10,280 --> 00:08:12,720 Speaker 1: House Budget Chairman John Yarmouth, who, by the way, is 154 00:08:12,760 --> 00:08:15,760 Speaker 1: signing with the Progressives in terms of tying these two 155 00:08:15,760 --> 00:08:18,200 Speaker 1: bills together, which was the original dealistic listen to that 156 00:08:18,560 --> 00:08:22,360 Speaker 1: it makes no sense to vote against an infrastructure bill 157 00:08:22,640 --> 00:08:26,240 Speaker 1: that does so much and has so much bipartisan support. 158 00:08:26,480 --> 00:08:29,480 Speaker 1: Do you agree with that? Yeah, I agree with that. 159 00:08:30,200 --> 00:08:33,360 Speaker 1: I wouldn't vote against this is this is why I 160 00:08:33,400 --> 00:08:36,840 Speaker 1: feel crazy because this thing. This is why people are 161 00:08:37,000 --> 00:08:39,840 Speaker 1: right to feel crazy watching how this is going on 162 00:08:39,880 --> 00:08:42,800 Speaker 1: in Capitol Hill right now. You agree, but we don't agree. 163 00:08:43,160 --> 00:08:46,839 Speaker 1: I no, I agree that I would vote for that, 164 00:08:46,960 --> 00:08:49,000 Speaker 1: and that Josh is right. This is a bill worth 165 00:08:49,040 --> 00:08:52,360 Speaker 1: passing and we ought to pass it. And what is 166 00:08:52,440 --> 00:08:53,920 Speaker 1: kind of cut off in that clip is he does 167 00:08:53,960 --> 00:08:55,640 Speaker 1: in fact side with the progressive and we want the 168 00:08:55,640 --> 00:08:57,560 Speaker 1: two things together. But you can see the way that 169 00:08:57,640 --> 00:09:01,120 Speaker 1: the media is taking the side of corporate democrats as 170 00:09:01,160 --> 00:09:03,880 Speaker 1: they always do soccer. You know, it's really watching this, 171 00:09:04,200 --> 00:09:06,480 Speaker 1: it is stunning on a couple of levels. Number one, 172 00:09:06,480 --> 00:09:08,280 Speaker 1: of course, the media is coming in. They have a 173 00:09:08,320 --> 00:09:11,360 Speaker 1: bias where anything getting done is better than nothing, even 174 00:09:11,400 --> 00:09:15,480 Speaker 1: if that anything is bad, especially bipartisan attached to it, 175 00:09:15,520 --> 00:09:17,640 Speaker 1: they just like swoon. It's not even true that it's 176 00:09:17,679 --> 00:09:19,800 Speaker 1: bypartisan this time, because a lot of House Republicans aren't 177 00:09:19,840 --> 00:09:21,960 Speaker 1: evening to vote for it. They don't want to it exactly. 178 00:09:21,960 --> 00:09:23,959 Speaker 1: They don't want to give the Biden administration a win. 179 00:09:24,080 --> 00:09:26,360 Speaker 1: I think it'll probably be about ten or something defections. 180 00:09:26,400 --> 00:09:29,200 Speaker 1: But that's not necessarily enough in order to pass the bill. 181 00:09:29,559 --> 00:09:32,400 Speaker 1: Just to update everybody fully on the news, So let's 182 00:09:32,440 --> 00:09:34,280 Speaker 1: put this up there on the screen from Jake Sherman. 183 00:09:34,640 --> 00:09:38,240 Speaker 1: So each of the different factions actually met with the President, 184 00:09:38,360 --> 00:09:40,000 Speaker 1: or at least at the White House. I think the 185 00:09:40,040 --> 00:09:43,320 Speaker 1: President did talk with some of them, Gotttheimer, Murphy, that's 186 00:09:43,400 --> 00:09:47,679 Speaker 1: kind of the moderate crew, quote unquote, the Progressive Caucus, Jaya, Paul, Mark, Pocan, 187 00:09:48,000 --> 00:09:50,760 Speaker 1: Jim McGovern, Barbara Lee. They met there also at the 188 00:09:50,760 --> 00:09:54,480 Speaker 1: White House. Many senators were over there too. I do 189 00:09:54,559 --> 00:09:57,240 Speaker 1: have to say on a macro level, as the Biden 190 00:09:57,360 --> 00:10:01,720 Speaker 1: agenda is crumbling, where the hell is Joe Biden himself? 191 00:10:02,360 --> 00:10:05,280 Speaker 1: He has not done anything. I was telling you that 192 00:10:05,280 --> 00:10:08,040 Speaker 1: he had this bizarre moment in the Oval Office where 193 00:10:08,520 --> 00:10:12,520 Speaker 1: Boris Johnson, the British Prime Minister, was like, let's take questions, 194 00:10:12,600 --> 00:10:15,640 Speaker 1: and he was taking questions from the British press while 195 00:10:15,640 --> 00:10:19,440 Speaker 1: the American press was shouted down by these White House lackeys. 196 00:10:19,480 --> 00:10:22,760 Speaker 1: And our president in our Oval office is not taking 197 00:10:22,840 --> 00:10:27,200 Speaker 1: questions about this bill. That's insane, which is his key, 198 00:10:27,400 --> 00:10:30,800 Speaker 1: his literal legacy. You know, it could turn out here 199 00:10:30,840 --> 00:10:34,720 Speaker 1: Crystal that Obama at least got you know, some fake 200 00:10:34,840 --> 00:10:39,240 Speaker 1: Obamacare thing. Again, I think very likely that there's nothing 201 00:10:39,320 --> 00:10:41,760 Speaker 1: that comes out here at all. Now. David Serota, you know, 202 00:10:41,800 --> 00:10:44,320 Speaker 1: seems to think that after this whole thing's killed, there'll 203 00:10:44,360 --> 00:10:48,680 Speaker 1: be some other semi reconciliation bill. I mean, sure that's possible. 204 00:10:48,679 --> 00:10:50,640 Speaker 1: But everything is coming to head right now. We've got 205 00:10:50,679 --> 00:10:53,720 Speaker 1: the debt ceiling, We've got a possible government shutdown looming 206 00:10:53,720 --> 00:10:56,480 Speaker 1: here because of a continuing resolution or to fund the government. 207 00:10:56,600 --> 00:10:59,080 Speaker 1: We've got the reconciliation bill. It all comes to head 208 00:10:59,080 --> 00:11:02,439 Speaker 1: on Monday. Pill Losi says, quote, we're on schedule, whatever 209 00:11:02,480 --> 00:11:05,920 Speaker 1: the hell that means. It's very clear that the votes 210 00:11:05,920 --> 00:11:09,480 Speaker 1: are not there. There's also clear that there's no way 211 00:11:09,640 --> 00:11:12,560 Speaker 1: in hell that that actual top line numbers on the 212 00:11:12,559 --> 00:11:15,880 Speaker 1: reconciliation bill itself are agreed to by Monday. I just 213 00:11:15,920 --> 00:11:19,719 Speaker 1: don't see that humanly possible. All of it is crumbling. 214 00:11:19,840 --> 00:11:23,560 Speaker 1: The president himself is nowhere. I mean, look, Obama, to 215 00:11:23,720 --> 00:11:27,359 Speaker 1: his credit, I guess in the middle of Obamacare negotiations 216 00:11:27,640 --> 00:11:31,080 Speaker 1: was always there. I actually was reading his book recently 217 00:11:31,480 --> 00:11:33,400 Speaker 1: or just you know, I'm sorry everyone, I had to 218 00:11:33,840 --> 00:11:36,960 Speaker 1: in order to convey exactly. The mindset is professional hazard. 219 00:11:37,120 --> 00:11:40,040 Speaker 1: But look, I said he gave that special address to 220 00:11:40,080 --> 00:11:43,400 Speaker 1: Congress on Obamacare where Joe Wilson shouted out you lie 221 00:11:43,480 --> 00:11:46,000 Speaker 1: or whatever. He was actually down on Capitol Hill all 222 00:11:46,040 --> 00:11:48,800 Speaker 1: the time. He was deeply invested in a lot of 223 00:11:48,800 --> 00:11:53,120 Speaker 1: the negotiations. Biden to buy all accounts is nowhere to 224 00:11:53,120 --> 00:11:55,720 Speaker 1: be seen. I mean, sure he'll call Stinema, he'll call 225 00:11:55,760 --> 00:11:58,440 Speaker 1: a mansion, but he hasn't even been down to Capitol 226 00:11:58,520 --> 00:12:00,760 Speaker 1: Hill to whip any votes. What is he that was 227 00:12:01,200 --> 00:12:04,120 Speaker 1: actually during the Obama administration, Who was it that they 228 00:12:04,160 --> 00:12:07,160 Speaker 1: frequently sent down to Capitol Hill to try to twist 229 00:12:07,280 --> 00:12:09,440 Speaker 1: arms and work on these negotiations. It was Joe Biden. 230 00:12:09,559 --> 00:12:12,040 Speaker 1: I mean, this is a central part of the case 231 00:12:12,080 --> 00:12:14,319 Speaker 1: that he made to the American people. I'm going to 232 00:12:14,400 --> 00:12:17,640 Speaker 1: be able to get things done there because, yeah, I 233 00:12:17,760 --> 00:12:20,560 Speaker 1: know these people, I know how an institution works, I 234 00:12:20,640 --> 00:12:23,040 Speaker 1: know how to do these sort of back room deals. 235 00:12:23,400 --> 00:12:26,280 Speaker 1: There's an implicit critique of Obama in there, because Obama 236 00:12:26,360 --> 00:12:29,720 Speaker 1: was sort of famously above getting his hands dirty in 237 00:12:29,760 --> 00:12:33,640 Speaker 1: these kinds of negotiations. Joe has always been the opposite 238 00:12:33,760 --> 00:12:39,720 Speaker 1: kind of politician, very hands on very relationship based and yeah, 239 00:12:39,800 --> 00:12:43,800 Speaker 1: I mean, you just don't really see that happening. You 240 00:12:43,840 --> 00:12:46,840 Speaker 1: don't see an affirmative case being made to the American 241 00:12:46,880 --> 00:12:51,360 Speaker 1: people about any of this either, So it is quite puzzling. 242 00:12:51,720 --> 00:12:54,120 Speaker 1: A little update on what did happen in those White 243 00:12:54,120 --> 00:12:56,240 Speaker 1: House meetings where he did at least insert himself a 244 00:12:56,280 --> 00:12:59,560 Speaker 1: little bit yesterday with he had the conservative factions and 245 00:12:59,600 --> 00:13:02,640 Speaker 1: he also had the progressive faction. So with the this 246 00:13:02,679 --> 00:13:07,080 Speaker 1: is from Manu Raju tweeted this out for the progressives, 247 00:13:07,200 --> 00:13:10,720 Speaker 1: Progressive Democrats told Biden that September twenty seventh date that's Monday, 248 00:13:10,920 --> 00:13:13,040 Speaker 1: for a House vote on the infrastructure bill is quote 249 00:13:13,120 --> 00:13:16,400 Speaker 1: kind of arbitrary to us. And the President left it 250 00:13:16,480 --> 00:13:19,520 Speaker 1: at and said let me think it over and talked 251 00:13:19,559 --> 00:13:21,920 Speaker 1: to Schumer and Speaker Pelosi and get back to you. 252 00:13:22,000 --> 00:13:24,400 Speaker 1: So that's kind of where they left things with the progressives, like, now, 253 00:13:24,480 --> 00:13:28,040 Speaker 1: let me think about it. With what Manchin said that 254 00:13:28,080 --> 00:13:31,120 Speaker 1: Biden told him is and again take all of this 255 00:13:31,200 --> 00:13:33,040 Speaker 1: with a grain of salt, because everybody coming out of 256 00:13:33,080 --> 00:13:34,920 Speaker 1: this room is trying to spin things in their favor. 257 00:13:34,960 --> 00:13:37,720 Speaker 1: But what Manchin said is he basically said, find a 258 00:13:37,800 --> 00:13:40,880 Speaker 1: number you're comfortable with on the reconciliation bill based on 259 00:13:40,920 --> 00:13:42,680 Speaker 1: the means that we still have and how we delivered 260 00:13:42,720 --> 00:13:45,040 Speaker 1: to the American people. Please just work on it. Give 261 00:13:45,040 --> 00:13:46,760 Speaker 1: me a number, and tell me what you can live 262 00:13:46,800 --> 00:13:49,680 Speaker 1: with and what you can't. So that would seem to 263 00:13:49,720 --> 00:13:52,000 Speaker 1: indicate that they are trying to push in the direction 264 00:13:52,080 --> 00:13:55,160 Speaker 1: of what Siota has been indicating and what we've sort 265 00:13:55,200 --> 00:13:59,560 Speaker 1: of speculated as well, that ultimately, even if this infrastructure 266 00:13:59,840 --> 00:14:03,520 Speaker 1: vot gets pulled or fails on Monday, that there's going 267 00:14:03,600 --> 00:14:07,000 Speaker 1: to continue to be negotiations and they'll come to some number. 268 00:14:07,840 --> 00:14:09,840 Speaker 1: Is that number going to be acceptable? Is it going 269 00:14:09,880 --> 00:14:13,240 Speaker 1: to be worthwhile? Is it going to strip? Remember something 270 00:14:13,280 --> 00:14:15,240 Speaker 1: we've been talking about here for a long time that 271 00:14:15,320 --> 00:14:18,000 Speaker 1: suddenly the mainstream media just picked up on, is that 272 00:14:18,200 --> 00:14:21,120 Speaker 1: Joe Manchin heads the committee that writes all the climate 273 00:14:21,200 --> 00:14:24,600 Speaker 1: change portions. So is that going to be remotely acceptable 274 00:14:24,640 --> 00:14:27,960 Speaker 1: to progressives who've said no climate, no deal? Do they 275 00:14:27,960 --> 00:14:30,880 Speaker 1: continue to draw a hard line all of these things? 276 00:14:31,240 --> 00:14:35,800 Speaker 1: Gigantic question mark and still entirely possible that the whole 277 00:14:36,200 --> 00:14:39,880 Speaker 1: entire thing collapses. As you said, there are two other 278 00:14:40,240 --> 00:14:43,120 Speaker 1: major issues coming to a head right now as well, 279 00:14:43,120 --> 00:14:45,160 Speaker 1: which is the debt ceiling. We're about to reach that 280 00:14:45,360 --> 00:14:48,960 Speaker 1: sometime mid October and government shutdown at the end of 281 00:14:48,960 --> 00:14:51,960 Speaker 1: the month if they don't pass a stop gap spending bill. 282 00:14:52,520 --> 00:14:56,240 Speaker 1: John Yarmouth, who again is chair of the House Budget Committee, 283 00:14:56,840 --> 00:14:59,640 Speaker 1: we have this tweet. I think his staff says that 284 00:14:59,640 --> 00:15:02,560 Speaker 1: there is no time to alter their reconciliation bill or 285 00:15:02,560 --> 00:15:06,320 Speaker 1: write a standalone bill to lift the debt ceiling. Okay, 286 00:15:06,440 --> 00:15:09,880 Speaker 1: what does that mean. It means that they've left themselves 287 00:15:09,920 --> 00:15:12,840 Speaker 1: in a position where they have to get Republican help 288 00:15:13,240 --> 00:15:15,960 Speaker 1: to lift the debt ceiling before a default in October. 289 00:15:16,440 --> 00:15:19,080 Speaker 1: They could have lifted the debt ceiling through the reconciliation 290 00:15:19,440 --> 00:15:22,120 Speaker 1: bill if they put that in the original budget instructions, 291 00:15:22,160 --> 00:15:25,200 Speaker 1: but they didn't. And now what he's saying is there's 292 00:15:25,240 --> 00:15:27,360 Speaker 1: no time to do that. We can't. We don't have 293 00:15:27,400 --> 00:15:30,000 Speaker 1: time before October fifteenth to go back and do new 294 00:15:30,040 --> 00:15:33,480 Speaker 1: budget instructions and start this process. Have to kick it 295 00:15:33,520 --> 00:15:35,960 Speaker 1: over the House, redo it. It's a whole thing, it's 296 00:15:35,960 --> 00:15:38,560 Speaker 1: a whole process. It takes it takes floor time, and 297 00:15:38,640 --> 00:15:41,920 Speaker 1: there just isn't enough time between now and October fifteenth 298 00:15:42,320 --> 00:15:44,280 Speaker 1: to do this in the way that Democrats could do 299 00:15:44,360 --> 00:15:46,920 Speaker 1: it on their own. How is that going to get resolved? 300 00:15:47,160 --> 00:15:50,280 Speaker 1: Don't know. Their theory of the case right now is 301 00:15:50,280 --> 00:15:53,040 Speaker 1: that if they put the lifting of the debt ceiling 302 00:15:53,720 --> 00:15:58,880 Speaker 1: along with the stop gap budget bill that would basically 303 00:15:58,920 --> 00:16:01,880 Speaker 1: allow the government to not shut down, that Republicans will 304 00:16:01,920 --> 00:16:04,920 Speaker 1: be pressured and forced into helping them lift the dead sealing. 305 00:16:05,040 --> 00:16:07,040 Speaker 1: There's no indication that that is the case. I don't 306 00:16:07,080 --> 00:16:10,320 Speaker 1: think that, and I explain this the last show. Every 307 00:16:10,360 --> 00:16:14,400 Speaker 1: Democratic president and actually Republican President Trump fell for this too. 308 00:16:14,760 --> 00:16:17,680 Speaker 1: Every president goes American people aren't gonna blame me. They're 309 00:16:17,680 --> 00:16:20,720 Speaker 1: gonna blame Congress for screwing around. Trump made that gamble, 310 00:16:20,800 --> 00:16:23,360 Speaker 1: Obama made that gamble twice. Who did it work out 311 00:16:23,400 --> 00:16:26,800 Speaker 1: for everybody? It never works out for the people in power. Why, 312 00:16:27,160 --> 00:16:30,120 Speaker 1: especially in this particular case, people can say, hey, you 313 00:16:30,200 --> 00:16:32,200 Speaker 1: run the government, what are you doing? You have all 314 00:16:32,240 --> 00:16:34,520 Speaker 1: three you have both houses of Congress, and you have 315 00:16:34,600 --> 00:16:36,840 Speaker 1: the president. If the government shuts down on your watch, 316 00:16:36,840 --> 00:16:39,280 Speaker 1: they ain't gonna blame Republicans, even if it is one 317 00:16:39,320 --> 00:16:42,280 Speaker 1: hundred percent their fault. It feeds into the chaos. Biden's 318 00:16:42,280 --> 00:16:45,440 Speaker 1: approval rating is already tanking the economy thing in particular 319 00:16:45,560 --> 00:16:48,560 Speaker 1: is where he's already has lost the most amount of ground. 320 00:16:48,720 --> 00:16:51,120 Speaker 1: You have a government shutdown that always costs billions of 321 00:16:51,160 --> 00:16:53,480 Speaker 1: dollars to the economy. I have zero doubt in my 322 00:16:53,600 --> 00:16:56,320 Speaker 1: mind that the Biden administration would be the one that 323 00:16:56,440 --> 00:16:59,320 Speaker 1: suffered the most. Republicans have no incentive, and actually, you know, 324 00:16:59,360 --> 00:17:01,360 Speaker 1: to your point two, this again shows how much of 325 00:17:01,360 --> 00:17:04,320 Speaker 1: a failure Biden is in terms of policing the actual 326 00:17:04,359 --> 00:17:08,119 Speaker 1: coalitions within the Democratic Party. Eleven senators let's put this 327 00:17:08,200 --> 00:17:10,480 Speaker 1: up there from I think it's another Jake Sherman tweet, 328 00:17:10,960 --> 00:17:13,760 Speaker 1: which is eleven senators have come out to back the 329 00:17:13,800 --> 00:17:17,040 Speaker 1: House Progressive. So it's not just like the House who's 330 00:17:17,119 --> 00:17:22,400 Speaker 1: ravel rousing here. You've got Corey Booker, Jillibrand, Herono, Murkley, Padilla, 331 00:17:22,560 --> 00:17:26,879 Speaker 1: Sanders Warren, you know, Brian Shatz, Tina Smith even from Minnesota, 332 00:17:27,200 --> 00:17:30,719 Speaker 1: all Sheldon Whitehouse, all those people in the Senate are 333 00:17:30,760 --> 00:17:33,760 Speaker 1: actually backing the idea because they don't necessarily like the 334 00:17:33,760 --> 00:17:37,680 Speaker 1: bipartisan infrastructure bill either. Biden has not done any real 335 00:17:37,760 --> 00:17:40,800 Speaker 1: job here in trying to square the circle. And you know, 336 00:17:40,880 --> 00:17:42,879 Speaker 1: going to mansion and saying, give me a number you 337 00:17:42,920 --> 00:17:44,679 Speaker 1: can live with. I mean, he's one senator, but here 338 00:17:44,720 --> 00:17:48,280 Speaker 1: we have eleven who haven't entirely other different agenda. I'm 339 00:17:48,320 --> 00:17:51,800 Speaker 1: just really struck by his complete lack of insertion into 340 00:17:51,800 --> 00:17:54,360 Speaker 1: the process so far, this kind of hands off thing. 341 00:17:54,480 --> 00:17:57,440 Speaker 1: He styles himself as LBJ and FDR, and I can 342 00:17:57,480 --> 00:18:00,200 Speaker 1: tell you that neither of those presidents I think, yeah, 343 00:18:00,240 --> 00:18:03,200 Speaker 1: I've got books about coming behind me. Neither of those 344 00:18:03,200 --> 00:18:06,360 Speaker 1: presidents did anything of the sort. And we're deeply and 345 00:18:06,400 --> 00:18:09,880 Speaker 1: intimately involved in these negotiations. This is a big leadership 346 00:18:09,880 --> 00:18:11,440 Speaker 1: failure in my opinion, the fact that he even got 347 00:18:11,480 --> 00:18:13,560 Speaker 1: to this point, and now it's so precarious. I don't 348 00:18:13,560 --> 00:18:15,280 Speaker 1: see any of the option but to fail. I don't 349 00:18:15,280 --> 00:18:17,639 Speaker 1: see how else it could go. I mean, we're not 350 00:18:17,840 --> 00:18:21,120 Speaker 1: geniuses here, but we said as soon as the relief 351 00:18:21,200 --> 00:18:24,760 Speaker 1: bill passed and they didn't put some of these things 352 00:18:24,760 --> 00:18:27,400 Speaker 1: into it at the time when there was real momentum 353 00:18:27,520 --> 00:18:29,359 Speaker 1: and there was this real push and there was a 354 00:18:29,359 --> 00:18:33,160 Speaker 1: lot of pressure on centers to deliver after they promised 355 00:18:33,160 --> 00:18:37,479 Speaker 1: these checks and all this stuff. When he didn't do that, 356 00:18:37,880 --> 00:18:40,960 Speaker 1: then at that point we both said this could be 357 00:18:41,000 --> 00:18:44,480 Speaker 1: it for him. That's what I said we pulletical. I mean, 358 00:18:44,880 --> 00:18:47,040 Speaker 1: look at the history of presidence, which I know Joe 359 00:18:47,040 --> 00:18:49,560 Speaker 1: Biden has done. He's wanted to be president for like 360 00:18:49,600 --> 00:18:53,119 Speaker 1: eighty seven years. Okay, so he's studied the history of 361 00:18:53,160 --> 00:18:56,600 Speaker 1: how these administrations unfold. He participated for eight years as 362 00:18:56,680 --> 00:19:00,679 Speaker 1: vice president. Most everything happens in the first time undred days. 363 00:19:00,880 --> 00:19:02,920 Speaker 1: What doesn't happen in the first hundred days is not 364 00:19:03,080 --> 00:19:07,719 Speaker 1: likely to get done. So gigantic mistake number one is 365 00:19:07,760 --> 00:19:11,920 Speaker 1: not trying to make some of these big, permanent, lasting changes, 366 00:19:12,000 --> 00:19:14,920 Speaker 1: not just the little stop gap relief stuff that's already 367 00:19:15,240 --> 00:19:18,240 Speaker 1: come and gone, to do that in the first hundred days. 368 00:19:18,480 --> 00:19:22,320 Speaker 1: The fact that that didn't happen gigantic miss gigantic failure. 369 00:19:22,720 --> 00:19:27,000 Speaker 1: Then this decision to split these two things apart. And 370 00:19:27,400 --> 00:19:32,880 Speaker 1: because he you know, this bipartisanship fetish and obsession in 371 00:19:33,080 --> 00:19:36,119 Speaker 1: Washington that has thoroughly rotted Joe Biden's brain and the 372 00:19:36,160 --> 00:19:38,560 Speaker 1: brain of like ninety nine percent of the press corps 373 00:19:38,600 --> 00:19:42,199 Speaker 1: here led to them splitting these two pieces apart. And 374 00:19:42,280 --> 00:19:45,919 Speaker 1: now it's creating a giant mess because an entirely predictable 375 00:19:45,920 --> 00:19:48,000 Speaker 1: thing said. At first, the corporate tess were like, yeah, sure, 376 00:19:48,000 --> 00:19:50,159 Speaker 1: we'll go along with that. And then they sensed a 377 00:19:50,160 --> 00:19:52,119 Speaker 1: moment to get the upper hand and they've taken it. 378 00:19:52,680 --> 00:19:57,880 Speaker 1: So they're putting into peril his entire agenda. And yes, 379 00:19:57,920 --> 00:20:01,719 Speaker 1: that's their fault, but it's also his fault because the 380 00:20:01,880 --> 00:20:05,919 Speaker 1: entire strategy, the tactical decisions that were made, led to 381 00:20:06,119 --> 00:20:08,679 Speaker 1: exactly this moment that we're at. Also, they've known that 382 00:20:08,720 --> 00:20:10,920 Speaker 1: this government shutdown was coming. Also, they've known the debt 383 00:20:10,920 --> 00:20:13,439 Speaker 1: ceiling was coming. Also they've known the Republicans are assholes 384 00:20:13,440 --> 00:20:14,960 Speaker 1: and aren't going to help them lift the debt ceiling. 385 00:20:15,040 --> 00:20:17,359 Speaker 1: Like this is breaking news to you somehow, were you 386 00:20:17,359 --> 00:20:20,640 Speaker 1: we live in twenty ten, right or anytime? Like what 387 00:20:20,880 --> 00:20:23,159 Speaker 1: you thought Mitch McConnell was going to help you with 388 00:20:23,200 --> 00:20:25,600 Speaker 1: your little problem here? Of course he's not. Of course 389 00:20:25,600 --> 00:20:30,440 Speaker 1: he's not. So they've created a gigantic mess for themselves. 390 00:20:30,520 --> 00:20:35,040 Speaker 1: And it is entirely unclear how any of this gets resolved. 391 00:20:35,040 --> 00:20:37,240 Speaker 1: But I can tell you the idea of a three 392 00:20:37,280 --> 00:20:40,040 Speaker 1: and a half trillion dollar reconciliation bill or anything close 393 00:20:40,080 --> 00:20:42,320 Speaker 1: to that getting through dead. I remember you saying that. 394 00:20:42,359 --> 00:20:44,800 Speaker 1: Actually almost immediately after the Cares Act, You're like, what 395 00:20:44,840 --> 00:20:46,880 Speaker 1: are you doing? You're like, this is the time, and 396 00:20:47,040 --> 00:20:49,159 Speaker 1: you know, I remember I think I was looking at 397 00:20:49,200 --> 00:20:51,160 Speaker 1: the schedule whenever they're like, well, nothing's going to pass 398 00:20:51,200 --> 00:20:53,960 Speaker 1: to October. I was like, that's in four months. Yeah, 399 00:20:54,080 --> 00:20:56,240 Speaker 1: like like we're not going to be able to get 400 00:20:56,240 --> 00:20:58,960 Speaker 1: to Yeah. I was like, uh, I know how to 401 00:20:59,000 --> 00:21:00,879 Speaker 1: read a calendar. That just means you all want to 402 00:21:00,880 --> 00:21:03,000 Speaker 1: go on vacation, which is what happened. Oh and then 403 00:21:03,000 --> 00:21:05,720 Speaker 1: they were like their justification was, well, negotiations will happen 404 00:21:05,800 --> 00:21:08,840 Speaker 1: during vacation. How did that work? How'd that work out? Amazing? 405 00:21:09,240 --> 00:21:11,520 Speaker 1: Another huge story we've been tracking here is what's going 406 00:21:11,560 --> 00:21:14,119 Speaker 1: on in China. Side Yeah, so actually I'll read some 407 00:21:14,160 --> 00:21:16,320 Speaker 1: breaking news that actually came out this morning from the 408 00:21:16,320 --> 00:21:20,720 Speaker 1: Wall Street Journal. So it's China makes preparations for Evergrand's demise. 409 00:21:20,760 --> 00:21:23,560 Speaker 1: So we brought you previously Evergrand, that highly leverage real 410 00:21:23,640 --> 00:21:26,200 Speaker 1: estate company, which is in China. They have the largest 411 00:21:26,240 --> 00:21:29,960 Speaker 1: debt burden of any publicly traded real estate company in 412 00:21:30,119 --> 00:21:33,879 Speaker 1: the world. It's particularly significant in China because it's kind 413 00:21:33,880 --> 00:21:36,440 Speaker 1: of the leading edge of this real estate boom, which 414 00:21:36,480 --> 00:21:39,679 Speaker 1: compromises us about one third of their entire economy. So 415 00:21:39,960 --> 00:21:42,359 Speaker 1: it's such a huge sector. At the same time, a 416 00:21:42,440 --> 00:21:45,000 Speaker 1: huge amount of the Chinese public is actually very invested 417 00:21:45,080 --> 00:21:47,520 Speaker 1: in Evergrand because I think, what is it one point 418 00:21:47,520 --> 00:21:50,359 Speaker 1: five million something like that. People have deposits with the 419 00:21:50,400 --> 00:21:53,440 Speaker 1: company and are waiting for delivery on their houses. Now 420 00:21:53,480 --> 00:21:55,760 Speaker 1: the company itself has not even been able to barely 421 00:21:55,800 --> 00:21:58,080 Speaker 1: been able to make payroll. They have been paying out 422 00:21:58,200 --> 00:22:01,480 Speaker 1: huge amounts of dividends to their share holders. Oh coincidentally 423 00:22:01,480 --> 00:22:04,879 Speaker 1: also their CEO, who have made five billion dollars actually 424 00:22:04,920 --> 00:22:08,040 Speaker 1: from the companies alone in dividends. One of the richest 425 00:22:08,040 --> 00:22:09,800 Speaker 1: men in China, one of the richest men in China. 426 00:22:10,040 --> 00:22:11,680 Speaker 1: All of this being said, and the reason why it's 427 00:22:11,720 --> 00:22:15,960 Speaker 1: very significant is that Evergrand itself, both its bonds as 428 00:22:15,960 --> 00:22:19,119 Speaker 1: well as its stock, is actually held by a significant 429 00:22:19,200 --> 00:22:23,880 Speaker 1: number of American companies, specifically private equity guys black Rock 430 00:22:24,000 --> 00:22:26,359 Speaker 1: and more. You know, God bless them. I guess we're 431 00:22:26,440 --> 00:22:28,639 Speaker 1: in real trouble. You just hate to see it right now. 432 00:22:29,000 --> 00:22:31,720 Speaker 1: But what they have done essentially is we have globalized 433 00:22:31,720 --> 00:22:35,040 Speaker 1: and interconnected our entire economy. So back in two thousand 434 00:22:35,040 --> 00:22:37,720 Speaker 1: and eight, when our economy crashed, obviously rippled over into 435 00:22:37,800 --> 00:22:40,719 Speaker 1: China because they held our stuff. Oh well, thanks to globalization, 436 00:22:40,840 --> 00:22:42,920 Speaker 1: now we hold a lot of their debt and their 437 00:22:42,960 --> 00:22:45,919 Speaker 1: bonds which can affect our markets. So the demise of 438 00:22:45,920 --> 00:22:50,240 Speaker 1: Evergrand itself could actually trigger an entire fallout within the 439 00:22:50,320 --> 00:22:53,640 Speaker 1: Chinese housing economy as well as here at home. Now, 440 00:22:53,640 --> 00:22:56,120 Speaker 1: the sheshiping in the Chinese government, you might say, why 441 00:22:56,119 --> 00:22:58,320 Speaker 1: don't they just bail them out. Part of the issue 442 00:22:58,560 --> 00:23:02,320 Speaker 1: is that the popular upright against Evergrand is both there, 443 00:23:02,359 --> 00:23:05,840 Speaker 1: so people are angry. But two is that Evergrand is 444 00:23:05,880 --> 00:23:08,560 Speaker 1: in violation of something called the three Red lines. So 445 00:23:08,680 --> 00:23:11,879 Speaker 1: back with I think a couple of years ago, Shishingping recognized, 446 00:23:11,920 --> 00:23:13,399 Speaker 1: so like, hey, this thing is out of control, this 447 00:23:13,440 --> 00:23:16,200 Speaker 1: is crazy. We have to draw some sort of lines 448 00:23:16,240 --> 00:23:18,280 Speaker 1: in terms of our real estate market, and they drew 449 00:23:18,359 --> 00:23:20,840 Speaker 1: the three red lines. Won't bore everybody with the details, 450 00:23:20,840 --> 00:23:22,720 Speaker 1: but it involves debt, It involves the way that you 451 00:23:22,800 --> 00:23:25,280 Speaker 1: operate your finances, kind of like the stress tests that 452 00:23:25,320 --> 00:23:28,480 Speaker 1: we have for our Federal Reserve on our major banking institutions. 453 00:23:28,680 --> 00:23:32,040 Speaker 1: Evergrand right now is currently in violation of all three 454 00:23:32,280 --> 00:23:35,320 Speaker 1: of the red lines. So if the Chinese Communist Party 455 00:23:35,320 --> 00:23:37,840 Speaker 1: were to bail them out, they're basically sending a message 456 00:23:38,040 --> 00:23:41,120 Speaker 1: to the entire real estate market and the Hong Kong 457 00:23:41,200 --> 00:23:45,439 Speaker 1: Stock Exchange that actually, our rules don't matter anymore. Well, 458 00:23:45,760 --> 00:23:48,200 Speaker 1: this morning this raised us to the breaking news in 459 00:23:48,240 --> 00:23:53,000 Speaker 1: the journal China and Beijing has made calls to local 460 00:23:53,080 --> 00:23:58,760 Speaker 1: officials across the country to prepare for a quote possible storm, 461 00:23:59,160 --> 00:24:03,520 Speaker 1: meaning that the are signaling a major reluctance to bail 462 00:24:03,600 --> 00:24:06,840 Speaker 1: out Evergrand that could trigger. And this is what we 463 00:24:06,920 --> 00:24:09,920 Speaker 1: have here is a slowing Chinese economy. And the reason 464 00:24:10,000 --> 00:24:13,560 Speaker 1: why is that Evergrand is actually intertwined with a bunch 465 00:24:13,600 --> 00:24:17,640 Speaker 1: of interconnected deals with some of the biggest property developers 466 00:24:17,880 --> 00:24:20,800 Speaker 1: all across of China. And it's so similar to our 467 00:24:20,840 --> 00:24:24,119 Speaker 1: own housing bubble, which is that these companies were only 468 00:24:24,200 --> 00:24:27,640 Speaker 1: able to leverage themselves up to such heights as long 469 00:24:27,680 --> 00:24:30,920 Speaker 1: as the prices of houses continued to go up because 470 00:24:30,920 --> 00:24:34,560 Speaker 1: they had appreciating assets which were on their books which 471 00:24:34,600 --> 00:24:37,879 Speaker 1: they could again borrow against housing prices are beginning to 472 00:24:37,920 --> 00:24:40,840 Speaker 1: go down. We're beginning to see that these fake cities 473 00:24:40,880 --> 00:24:42,640 Speaker 1: and all these things that have built are not there 474 00:24:42,760 --> 00:24:46,159 Speaker 1: or are incomplete. The Chinese public itself is beginning to 475 00:24:46,160 --> 00:24:49,600 Speaker 1: be outraged. Shishiping needs to show that he's the boss, 476 00:24:49,840 --> 00:24:52,600 Speaker 1: and that he will allow a company like this to fail. 477 00:24:52,920 --> 00:24:54,879 Speaker 1: But the real thing that we all have to be 478 00:24:54,880 --> 00:24:58,360 Speaker 1: worried about is contagion, which is that if the Chinese 479 00:24:58,400 --> 00:25:01,199 Speaker 1: Evergrand goes out, we are We saw three different companies 480 00:25:01,200 --> 00:25:04,200 Speaker 1: on the Honkok stock exchange which were real estate companies 481 00:25:04,760 --> 00:25:09,040 Speaker 1: collapse almost by ninety percent before the Chinese halted trading 482 00:25:09,160 --> 00:25:12,280 Speaker 1: on that stock exchange, Crystal, and all of it comes 483 00:25:12,320 --> 00:25:18,080 Speaker 1: together for the contagion which could reach into our private 484 00:25:18,119 --> 00:25:21,359 Speaker 1: equity holdings here in the United States, which of course 485 00:25:21,640 --> 00:25:25,120 Speaker 1: don't just hold Evergrand, they hold all kinds of domestic companies, 486 00:25:25,320 --> 00:25:27,919 Speaker 1: so there have a cash crunch, they might have to 487 00:25:27,960 --> 00:25:30,439 Speaker 1: call in stuff. Then we're going to see, you know, 488 00:25:30,600 --> 00:25:33,800 Speaker 1: drops in our holdings. It's just a total and complete mess. 489 00:25:33,920 --> 00:25:38,800 Speaker 1: So there's a lot of seeming confidence among a lot 490 00:25:38,800 --> 00:25:41,680 Speaker 1: of Wall Street analysts that like, oh, even if Evergran 491 00:25:41,760 --> 00:25:43,760 Speaker 1: fails and it's terrible for China, like we're going to 492 00:25:43,800 --> 00:25:47,679 Speaker 1: be fine, and maybe they're right, Like these guys study 493 00:25:47,680 --> 00:25:50,120 Speaker 1: this stuff for a living. Of course they're like routinely 494 00:25:50,560 --> 00:25:54,520 Speaker 1: catastrophically wrong all the time and have their own interests 495 00:25:54,560 --> 00:25:56,880 Speaker 1: in being like the market's fine. Continue to invest, don't 496 00:25:56,880 --> 00:25:59,840 Speaker 1: worry about it. It's all good to go. So I 497 00:26:00,080 --> 00:26:03,480 Speaker 1: don't really take their word for it, because even if 498 00:26:04,240 --> 00:26:08,000 Speaker 1: their justification is basically like listen, it's mostly domestic Chinese 499 00:26:08,080 --> 00:26:10,040 Speaker 1: firms that are tied up in this thing. Yeah, Black 500 00:26:10,080 --> 00:26:11,920 Speaker 1: Rock or whoever, they have some, but they're not. It's 501 00:26:11,960 --> 00:26:14,840 Speaker 1: not like a huge exposure. You also have a difference 502 00:26:14,840 --> 00:26:18,080 Speaker 1: from Lehman Brothers in that Evergrint has real assets that 503 00:26:18,119 --> 00:26:20,639 Speaker 1: they can sell off, so it's not, you know, just 504 00:26:20,680 --> 00:26:26,800 Speaker 1: a total like fabricated gambling house of cards. But we 505 00:26:26,880 --> 00:26:29,479 Speaker 1: all know that the stock market is basically fake, and 506 00:26:29,520 --> 00:26:31,960 Speaker 1: we know that it's just a graph of rich people's feelings. 507 00:26:32,040 --> 00:26:37,080 Speaker 1: So if China starts to have major economic issues, how 508 00:26:37,080 --> 00:26:39,919 Speaker 1: can you be so confident that this isn't gonna have 509 00:26:40,080 --> 00:26:42,680 Speaker 1: follow on effects? I mean, it just doesn't make sense 510 00:26:42,720 --> 00:26:45,080 Speaker 1: to me. Knowing the very basics of what we know 511 00:26:45,200 --> 00:26:48,920 Speaker 1: about how interconnected the world is, how globalization has made 512 00:26:48,920 --> 00:26:52,400 Speaker 1: it so that a problem in a gigantic economy like China's, 513 00:26:52,440 --> 00:26:54,960 Speaker 1: how can that not be a problem for us as well? 514 00:26:55,040 --> 00:26:58,000 Speaker 1: I mean, we see even you know, the way that 515 00:26:58,119 --> 00:27:00,720 Speaker 1: our supply chains are all screwed up, partly because of 516 00:27:00,720 --> 00:27:03,080 Speaker 1: our own issues here, partly because of global issues with 517 00:27:03,119 --> 00:27:07,280 Speaker 1: regards to COVID. So to me, I just do not 518 00:27:07,440 --> 00:27:10,480 Speaker 1: trust the idea that if China has a gigantic problem, 519 00:27:10,520 --> 00:27:12,920 Speaker 1: it's just going to be contained to China and it's 520 00:27:12,960 --> 00:27:15,360 Speaker 1: nothing for us to worry about. And they do have 521 00:27:15,840 --> 00:27:19,479 Speaker 1: major issues here because first of all, you have all 522 00:27:19,680 --> 00:27:23,040 Speaker 1: that one point five million average Chinese citizens who are like, 523 00:27:23,480 --> 00:27:30,320 Speaker 1: where's my house? Evergrand employees two hundred thousand people roughly thereabouts. 524 00:27:30,560 --> 00:27:34,440 Speaker 1: That's not including the contractors who and again a lot 525 00:27:34,440 --> 00:27:37,199 Speaker 1: of this there's very little transparency, but who seem to 526 00:27:37,240 --> 00:27:41,159 Speaker 1: be you know, meaning payment and not receiving it because 527 00:27:41,480 --> 00:27:45,440 Speaker 1: Evergrand and the other real estate development companies in China 528 00:27:45,440 --> 00:27:48,080 Speaker 1: seem to have taken a similar approach, but Avergrand's the worst. 529 00:27:48,359 --> 00:27:51,720 Speaker 1: I mean, they fueled their growth with debt and it 530 00:27:51,800 --> 00:27:54,520 Speaker 1: was all effectively kind of like a pyramid scheme, I mean, 531 00:27:54,560 --> 00:27:56,680 Speaker 1: barring from Peter to pay Paul. And then when the 532 00:27:56,760 --> 00:27:59,760 Speaker 1: music stopped and they're stopped being so much demand for 533 00:27:59,800 --> 00:28:04,040 Speaker 1: how and prices start to increase at a less rapid rate, 534 00:28:04,480 --> 00:28:07,320 Speaker 1: and then these regulations come in putting pressure on them, 535 00:28:07,320 --> 00:28:10,560 Speaker 1: making it difficult for them to borrow more to continue 536 00:28:10,560 --> 00:28:14,520 Speaker 1: to fuel this cycle when the music stops their host 537 00:28:15,119 --> 00:28:18,040 Speaker 1: So you have, you know, all of so you have 538 00:28:18,800 --> 00:28:21,080 Speaker 1: what was it two hundred and eighty cities or something 539 00:28:21,080 --> 00:28:24,960 Speaker 1: in China that Evergren has projects in. You've got two 540 00:28:25,040 --> 00:28:28,520 Speaker 1: hundred thousand employees, You've got all of these contractors. You 541 00:28:28,640 --> 00:28:31,960 Speaker 1: have in China, one hundred and seventy one domestic banks 542 00:28:31,960 --> 00:28:34,840 Speaker 1: and one hundred and twenty one other financial firms that 543 00:28:34,920 --> 00:28:38,000 Speaker 1: have exposure here. You have all of those you reference. 544 00:28:38,120 --> 00:28:40,320 Speaker 1: You know, a lot of these property deals and development 545 00:28:40,360 --> 00:28:44,640 Speaker 1: deals are actually joint ventures with other smaller companies, so 546 00:28:44,760 --> 00:28:49,600 Speaker 1: they're all exposed and screwed. And this is a third 547 00:28:50,160 --> 00:28:52,480 Speaker 1: of China's economy. I mean a lot of the way 548 00:28:52,560 --> 00:28:55,120 Speaker 1: that they've been able to fuel growth is through this 549 00:28:55,160 --> 00:28:57,080 Speaker 1: housing market that keeps going up and up and up 550 00:28:57,080 --> 00:29:00,880 Speaker 1: and up, gigantic bubble created. And then on the other side, 551 00:29:00,880 --> 00:29:03,400 Speaker 1: you have people who haven't been able to buy into that, 552 00:29:03,520 --> 00:29:05,160 Speaker 1: you know, their version of the American dream and the 553 00:29:05,200 --> 00:29:08,600 Speaker 1: Chinese dream home ownership and all of that, and prices 554 00:29:08,640 --> 00:29:11,720 Speaker 1: have just gotten to a point where it's wildly unaffordable 555 00:29:11,720 --> 00:29:14,760 Speaker 1: for people. So that was part of why they wanted 556 00:29:14,800 --> 00:29:17,160 Speaker 1: to tap the brakes here. They didn't want it to 557 00:29:17,160 --> 00:29:20,800 Speaker 1: continue to escalate forever, creating an ever larger bubble, making 558 00:29:20,840 --> 00:29:23,840 Speaker 1: housing wildly out of reach for people. So they're in 559 00:29:23,880 --> 00:29:28,080 Speaker 1: a very tough position. And you know, it is a 560 00:29:28,200 --> 00:29:31,600 Speaker 1: very similar dynamic to what we faced here, and the 561 00:29:31,680 --> 00:29:34,959 Speaker 1: choices that politicians made here terrible ones and many times 562 00:29:35,600 --> 00:29:39,640 Speaker 1: with regard to our own housing crisis, because they enshrined 563 00:29:39,680 --> 00:29:42,280 Speaker 1: the idea here of too big to fail, and they 564 00:29:42,320 --> 00:29:45,280 Speaker 1: said to they sent a message to the banks that 565 00:29:45,680 --> 00:29:49,800 Speaker 1: you can be as reckless and careless and despicable and 566 00:29:49,880 --> 00:29:52,959 Speaker 1: criminal in your behavior as you want, and we're going 567 00:29:53,000 --> 00:29:54,840 Speaker 1: to bail you out and there's no not going to 568 00:29:54,880 --> 00:29:57,320 Speaker 1: be any consequences, and your executives are going to get 569 00:29:57,320 --> 00:30:01,160 Speaker 1: as rich as they possibly can. And they're worried about 570 00:30:01,240 --> 00:30:05,280 Speaker 1: sending the same message domestically in China to these firms 571 00:30:05,280 --> 00:30:08,680 Speaker 1: that they've been trying to kind of reel in that like, man, well, 572 00:30:08,800 --> 00:30:10,719 Speaker 1: actually you are too big to fail. Actually we are 573 00:30:10,720 --> 00:30:12,520 Speaker 1: going to come to your rescue. And actually everything we 574 00:30:12,560 --> 00:30:14,640 Speaker 1: said was kind of bullshit. No, you're exactly right, and 575 00:30:14,720 --> 00:30:17,120 Speaker 1: so S and P. Five hundred, let's put the CNBC 576 00:30:17,240 --> 00:30:20,320 Speaker 1: tear sheet up there. The S and P Global actually 577 00:30:20,360 --> 00:30:22,960 Speaker 1: put out a report saying they don't think China may 578 00:30:23,000 --> 00:30:26,840 Speaker 1: bail out Evergrand here unless there's quote far reaching contagion 579 00:30:27,120 --> 00:30:29,680 Speaker 1: and well, one person who I think we should all 580 00:30:29,720 --> 00:30:33,200 Speaker 1: take seriously is Jim Chinos. He's actually the guy, the 581 00:30:33,280 --> 00:30:36,680 Speaker 1: short seller who predicted Enron's collapse. Let's put the New 582 00:30:36,720 --> 00:30:39,080 Speaker 1: York Post tear sheet up there, which has written up 583 00:30:39,280 --> 00:30:42,760 Speaker 1: his comments. He says that the collapse of Evergrand could 584 00:30:42,760 --> 00:30:45,720 Speaker 1: actually be worse than Lehman Brothers. Here's what he says, 585 00:30:45,720 --> 00:30:48,680 Speaker 1: and this echoes a lot of what you just said, Crystal. Quote. 586 00:30:48,800 --> 00:30:51,160 Speaker 1: There's a lot of Evergrands out there in China. Evergrand 587 00:30:51,160 --> 00:30:54,680 Speaker 1: just happens to be one of the biggest, but all 588 00:30:54,760 --> 00:30:58,960 Speaker 1: the developers look like this. The whole Chinese property market 589 00:30:59,320 --> 00:31:02,640 Speaker 1: are on stilts. In many ways, you don't have to 590 00:31:02,680 --> 00:31:06,760 Speaker 1: worry that it's a Lehman Brothers situation, Leman type situation, 591 00:31:06,840 --> 00:31:10,760 Speaker 1: but in many ways it's worse because it's symptomatic of 592 00:31:10,840 --> 00:31:15,520 Speaker 1: the whole economic model and debt that's behind the model here. 593 00:31:15,600 --> 00:31:18,800 Speaker 1: So what we're pointing to is that everran, just like Lehman. 594 00:31:19,120 --> 00:31:21,760 Speaker 1: Leman was the worst right it had the most mortgage 595 00:31:21,800 --> 00:31:24,560 Speaker 1: backed securities out of all of them. But that didn't 596 00:31:24,640 --> 00:31:28,000 Speaker 1: mean that Morgan Stanley and Bank of America and Goldman 597 00:31:28,120 --> 00:31:31,040 Speaker 1: and all these other people were like great actors. They 598 00:31:31,040 --> 00:31:34,520 Speaker 1: were just not as screwed. So Evergrand is just the 599 00:31:34,560 --> 00:31:36,920 Speaker 1: tip of the iceberg here in terms of the Chinese 600 00:31:36,920 --> 00:31:41,400 Speaker 1: property market, and actually the real estate in China comprises 601 00:31:41,640 --> 00:31:44,120 Speaker 1: more of their financial sector in terms of their overall 602 00:31:44,120 --> 00:31:47,440 Speaker 1: economy than the financial sector did here in the United 603 00:31:47,480 --> 00:31:50,120 Speaker 1: States at the time of that crisis. Now, look, at 604 00:31:50,120 --> 00:31:52,280 Speaker 1: the end of the day, I can't foresee it total 605 00:31:52,360 --> 00:31:55,840 Speaker 1: and you know, total collapse just because they're an authoritarian 606 00:31:55,840 --> 00:31:58,560 Speaker 1: state and they can literally just reach in and be like, yeah, no, 607 00:31:58,560 --> 00:32:01,720 Speaker 1: none of this is happening. It's completely over. But some 608 00:32:01,880 --> 00:32:06,000 Speaker 1: sort of contagion within our markets in particular is not, 609 00:32:06,320 --> 00:32:08,920 Speaker 1: you know, too far to be seen. I absolutely think 610 00:32:08,920 --> 00:32:11,200 Speaker 1: that he could be correct here in terms of even 611 00:32:11,280 --> 00:32:14,160 Speaker 1: remember that our investors have hundreds of billions of dollars 612 00:32:14,320 --> 00:32:17,000 Speaker 1: which are invested out in China. Even a reduction of 613 00:32:17,040 --> 00:32:20,120 Speaker 1: gain by five percent would have a massive impact on 614 00:32:20,200 --> 00:32:22,840 Speaker 1: the returns of our traders. And as much as I 615 00:32:22,880 --> 00:32:26,280 Speaker 1: wouldn't like it to be, those people supply a huge 616 00:32:26,280 --> 00:32:28,560 Speaker 1: amount of liquidity and more to the rest of the 617 00:32:28,560 --> 00:32:32,800 Speaker 1: financial sector. Yeah, I mean, it's very hard to predict 618 00:32:32,840 --> 00:32:36,920 Speaker 1: how these things end up, because, yes, it's an authoritarian country. 619 00:32:37,320 --> 00:32:40,120 Speaker 1: Yes they're gonna like if there is a widespread contagion, 620 00:32:40,160 --> 00:32:41,880 Speaker 1: they're going to jump in and do what they can. 621 00:32:42,040 --> 00:32:45,600 Speaker 1: But it's just it's almost chaos theory. You just don't know. 622 00:32:45,920 --> 00:32:51,360 Speaker 1: In a complicated and rigged and you know, like unpredictable 623 00:32:51,760 --> 00:32:56,040 Speaker 1: situation like our global economic system is, you just don't 624 00:32:56,080 --> 00:32:59,240 Speaker 1: know what's ultimately going to happen. I was thinking this morning, 625 00:32:59,280 --> 00:33:00,800 Speaker 1: you know the person you need to get on to 626 00:33:00,840 --> 00:33:04,600 Speaker 1: talk about this is Dylan Radigan. It's like so insanely 627 00:33:04,680 --> 00:33:08,440 Speaker 1: correct about the housing crisis and tends to be able 628 00:33:08,480 --> 00:33:11,160 Speaker 1: to really understand these dynamics and see through sort of 629 00:33:11,240 --> 00:33:15,000 Speaker 1: like the bullshit and the spin of everybody propping up 630 00:33:15,040 --> 00:33:17,560 Speaker 1: whatever their own self interest is in the crisis. But 631 00:33:18,240 --> 00:33:22,720 Speaker 1: certainly something big to keep an eye on and we'll 632 00:33:22,720 --> 00:33:24,760 Speaker 1: see where it goes and continue to look for people 633 00:33:24,760 --> 00:33:26,719 Speaker 1: like Dylan and others who we actually trust who were 634 00:33:26,800 --> 00:33:29,120 Speaker 1: right last time, just like don't listen to people who 635 00:33:29,160 --> 00:33:31,320 Speaker 1: were wrong last time around. Just sort of ignoring a 636 00:33:31,400 --> 00:33:33,960 Speaker 1: rack or the financial PRIs. Yeah, that's just time good 637 00:33:34,040 --> 00:33:36,160 Speaker 1: rule of thumb. Hey, So remember how we told you 638 00:33:36,240 --> 00:33:39,360 Speaker 1: how awesome premium membership was, Well, here we are again 639 00:33:39,400 --> 00:33:41,959 Speaker 1: to remind you that becoming a premium member means you 640 00:33:42,040 --> 00:33:44,600 Speaker 1: don't have to listen to our constant please for you 641 00:33:44,760 --> 00:33:47,360 Speaker 1: to subscribe. So what are you waiting for? Become a 642 00:33:47,360 --> 00:33:50,360 Speaker 1: premium member today by going to Breakingpoints dot com, which 643 00:33:50,360 --> 00:33:52,960 Speaker 1: you can click on in the show notes. And that's 644 00:33:52,960 --> 00:33:55,920 Speaker 1: actually great segue people who were wrong or got us 645 00:33:55,920 --> 00:33:58,400 Speaker 1: into a rock, or light us into a rock and 646 00:33:58,440 --> 00:34:03,200 Speaker 1: committed massive war crimes. George W. Bush criminals, Yeah, speaking 647 00:34:03,240 --> 00:34:05,800 Speaker 1: of criminals. So he's having a little bit of a 648 00:34:05,840 --> 00:34:09,520 Speaker 1: renaissance right now, Sagar. It is interesting because for a 649 00:34:09,600 --> 00:34:12,840 Speaker 1: while he was just kind of quiet, like doing his 650 00:34:12,960 --> 00:34:15,759 Speaker 1: painting at his ranch or whatever. I don't know if 651 00:34:15,800 --> 00:34:18,120 Speaker 1: you agree with this, but it seems like he's starting 652 00:34:18,160 --> 00:34:21,640 Speaker 1: to feel have the confidence to reinsert himself into our 653 00:34:21,680 --> 00:34:27,040 Speaker 1: political conversation. We certainly saw that with that noxious, horrible 654 00:34:27,239 --> 00:34:30,200 Speaker 1: nine to eleven speech that he gave. No other president 655 00:34:30,280 --> 00:34:36,160 Speaker 1: or former president spoke, but he did horrible and lacking 656 00:34:36,160 --> 00:34:39,879 Speaker 1: in any you know, repentance, or self reflection or any 657 00:34:39,960 --> 00:34:42,200 Speaker 1: of that, and making the case for a new domestic 658 00:34:42,239 --> 00:34:44,880 Speaker 1: war on terror to match the horrific, you know, unconscionable 659 00:34:44,920 --> 00:34:48,359 Speaker 1: war and terror that he launched during his administration. Well, 660 00:34:48,400 --> 00:34:51,279 Speaker 1: now he's getting the band back together. Liz Cheney in 661 00:34:51,320 --> 00:34:55,239 Speaker 1: a lot of trouble there in Wyoming in her congressional race, 662 00:34:55,280 --> 00:34:57,680 Speaker 1: but no worry, the cavalry is riding in to back 663 00:34:57,719 --> 00:35:00,920 Speaker 1: her up. Throw this invite up on the screen, having 664 00:35:00,960 --> 00:35:05,640 Speaker 1: a fundraiser with special guests present, George W. Bush and 665 00:35:05,800 --> 00:35:09,880 Speaker 1: some other familiar names on there. Yeah, in particular, you 666 00:35:09,960 --> 00:35:14,440 Speaker 1: might note one Carl Rove is also on the committee 667 00:35:14,440 --> 00:35:18,000 Speaker 1: for the finance committee there, so she's certainly not gonna 668 00:35:18,040 --> 00:35:21,160 Speaker 1: have an issue raising money. But I mean, this is 669 00:35:21,239 --> 00:35:26,879 Speaker 1: why it's like, was so bizarre and troubling to see 670 00:35:26,880 --> 00:35:31,520 Speaker 1: the way that MSNBC and CNN and mainstream Washington were 671 00:35:31,600 --> 00:35:35,759 Speaker 1: like propping up and cheering for Liz Cheney because she 672 00:35:35,800 --> 00:35:38,480 Speaker 1: happened to be, you know, correct on the one issue 673 00:35:38,480 --> 00:35:40,520 Speaker 1: that seems to matter to them, which is Donald Trump. 674 00:35:40,840 --> 00:35:44,120 Speaker 1: But meanwhile, you're gonna align yourself with this dude, who 675 00:35:44,160 --> 00:35:47,880 Speaker 1: I'm sorry, was way way way worse. Just put upside 676 00:35:47,920 --> 00:35:50,920 Speaker 1: their like personality traits. But in terms of the damage 677 00:35:50,960 --> 00:35:53,760 Speaker 1: that he wrought on our country and on the world, 678 00:35:54,080 --> 00:35:57,080 Speaker 1: there's no contest between George W. Bush and Donald Trump. 679 00:35:57,480 --> 00:36:01,160 Speaker 1: And she celebrated even as she's like bringing back to 680 00:36:01,280 --> 00:36:06,759 Speaker 1: life and aligning with these horrific Bush era Neokhon war criminals. 681 00:36:06,880 --> 00:36:10,960 Speaker 1: There's nothing that list there is like a murderer's row, 682 00:36:11,160 --> 00:36:15,520 Speaker 1: like Carl Rove, Harriet Myers, Kay Bailey, this is Bush mafia, 683 00:36:15,600 --> 00:36:18,560 Speaker 1: Kay Bailey Hutchins. She was a senator from Texas back 684 00:36:18,640 --> 00:36:22,800 Speaker 1: whenever I was growing up. Yeah, my great Senator John Cornyn. 685 00:36:23,640 --> 00:36:26,000 Speaker 1: A lot of these people from the Bush White House. 686 00:36:26,239 --> 00:36:29,120 Speaker 1: And actually I recently reread a history of the Bush 687 00:36:29,200 --> 00:36:31,760 Speaker 1: years just because in order to get myself right before 688 00:36:31,840 --> 00:36:34,600 Speaker 1: nine to eleven, so I could do that monologue that 689 00:36:34,640 --> 00:36:37,640 Speaker 1: I did, I think on September fourteenth, And it was 690 00:36:37,800 --> 00:36:40,799 Speaker 1: incredible to me that even within the White House, so 691 00:36:40,920 --> 00:36:44,520 Speaker 1: even within the neo con faction on Iraq, who do 692 00:36:44,560 --> 00:36:48,000 Speaker 1: you think believed the most in the nation building vision? 693 00:36:48,200 --> 00:36:50,800 Speaker 1: It was Liz Cheney. She even believed in it more 694 00:36:51,000 --> 00:36:54,000 Speaker 1: than her father, Dick Cheney, Rumsfeld, all of them. She 695 00:36:54,080 --> 00:36:58,080 Speaker 1: was a true neo conservative believer, which means she herself 696 00:36:58,320 --> 00:37:01,800 Speaker 1: is just as responsible for justifying that war. She pushed 697 00:37:01,800 --> 00:37:04,799 Speaker 1: President Bush in order to stay the course and all that. 698 00:37:05,040 --> 00:37:07,319 Speaker 1: I mean, if you think about even the crimes of 699 00:37:07,400 --> 00:37:10,319 Speaker 1: that as opposed to you know, pushing for all the 700 00:37:10,560 --> 00:37:14,000 Speaker 1: ridiculous stuff that she has in Congress, deregulation, et cetera. 701 00:37:14,320 --> 00:37:16,200 Speaker 1: You put it all together and you're just like, this 702 00:37:16,320 --> 00:37:19,360 Speaker 1: is the last person on earth anyone should be defending. 703 00:37:19,640 --> 00:37:21,640 Speaker 1: And Bush is coming out for her for one reason, 704 00:37:21,640 --> 00:37:23,399 Speaker 1: which is that she worked on his campaign. She works 705 00:37:23,400 --> 00:37:26,680 Speaker 1: as an administration, but she advances the vision that he 706 00:37:26,760 --> 00:37:30,640 Speaker 1: put forth on the world. We know the consequences of that. 707 00:37:31,040 --> 00:37:34,439 Speaker 1: And we both saw this video with great relish. An 708 00:37:34,480 --> 00:37:37,759 Speaker 1: Iraq war veteran who actually interrupted Bush at one of 709 00:37:37,800 --> 00:37:40,400 Speaker 1: his more recent speeches, and you can just see the 710 00:37:40,400 --> 00:37:42,360 Speaker 1: passion in his face. He said a lot of what 711 00:37:42,480 --> 00:37:44,359 Speaker 1: I've always wanted to say, what I think a lot 712 00:37:44,400 --> 00:37:45,920 Speaker 1: of people wanted to say, and he has the actual 713 00:37:45,920 --> 00:37:48,319 Speaker 1: credibility in order to say it to him. Let's take 714 00:37:48,320 --> 00:37:51,160 Speaker 1: a listen to what he did. When are you going 715 00:37:51,160 --> 00:37:54,680 Speaker 1: to apologize for the million Iraqis in her death? Because 716 00:37:54,719 --> 00:38:05,080 Speaker 1: you are weapons, you learn about connections tonight me to 717 00:38:05,120 --> 00:38:16,239 Speaker 1: a rack. Three. My friends are dead. A million of 718 00:38:16,360 --> 00:38:20,200 Speaker 1: rack are dead because you lie. My friends are dead 719 00:38:20,480 --> 00:38:29,399 Speaker 1: because you lie. Apologizelgiz put it in my veins. Yeah, 720 00:38:29,440 --> 00:38:31,879 Speaker 1: it's just amazing. And also, who are these women man 721 00:38:31,880 --> 00:38:33,880 Speaker 1: handling this guy? No one's served in a rack like 722 00:38:33,880 --> 00:38:36,320 Speaker 1: get the hell out of here, you know, I mean security, Okay, 723 00:38:36,360 --> 00:38:39,399 Speaker 1: that's one thing, but like the little female organizers or whatever, 724 00:38:39,440 --> 00:38:41,680 Speaker 1: I'm like, it shows some respect, you know. It looked 725 00:38:41,719 --> 00:38:43,640 Speaker 1: like it was just like the lady who happened to 726 00:38:43,680 --> 00:38:45,480 Speaker 1: be sitting right. I was like, what are you doing? 727 00:38:45,480 --> 00:38:47,239 Speaker 1: I did kind of like her base jumpsuit though, I 728 00:38:47,239 --> 00:38:49,600 Speaker 1: will Yeah, it looks they were dressed very nice. I've 729 00:38:49,600 --> 00:38:51,480 Speaker 1: been to some of these things and sometimes see these 730 00:38:51,480 --> 00:38:54,640 Speaker 1: protesters is pretty annoying, but like these ones veterans. You 731 00:38:54,719 --> 00:38:56,760 Speaker 1: leave these people alone. I've even seen I think Shindy 732 00:38:56,840 --> 00:38:59,880 Speaker 1: Cindy she In or whatever, she lost her son, she 733 00:39:00,040 --> 00:39:02,160 Speaker 1: knew whatever the hell she wants. I agreed. Yeah, by 734 00:39:02,160 --> 00:39:04,360 Speaker 1: the way, so this is Mike Prisoner. Who is you 735 00:39:04,400 --> 00:39:08,719 Speaker 1: guys may know journalist Abby Martin. This couple man, they 736 00:39:08,760 --> 00:39:13,160 Speaker 1: go hard, they do not mess around. But I mean, 737 00:39:13,200 --> 00:39:16,000 Speaker 1: I can't imagine anything more righteous. I mean, at the 738 00:39:16,120 --> 00:39:19,520 Speaker 1: very least, at the very least, given that this man 739 00:39:19,560 --> 00:39:23,919 Speaker 1: has faced zero accountability, is now like a hero celebrated 740 00:39:23,960 --> 00:39:29,680 Speaker 1: by a resistance liberal and absolutely and routinely celebrated by 741 00:39:29,680 --> 00:39:31,399 Speaker 1: the media, is like, Oh, those were the good old 742 00:39:31,440 --> 00:39:34,239 Speaker 1: days under George W. Bush. At least for him to 743 00:39:34,320 --> 00:39:36,680 Speaker 1: have to listen to that, at least for him to 744 00:39:36,719 --> 00:39:39,600 Speaker 1: have to see the face of one of the men 745 00:39:39,680 --> 00:39:43,040 Speaker 1: that he put through hell because of his lies and 746 00:39:43,040 --> 00:39:49,160 Speaker 1: his atrocities, at least it's some modicum of something. So kudos. 747 00:39:49,200 --> 00:39:52,600 Speaker 1: I mean, it's an amazing thing to watch, and it's 748 00:39:52,840 --> 00:39:56,600 Speaker 1: far less, obviously than what George V. Bush actually deserves. 749 00:39:56,680 --> 00:39:59,440 Speaker 1: It's far less than when he deserves. It gives me, 750 00:39:59,640 --> 00:40:02,239 Speaker 1: I guess makes me happy, because what it is is 751 00:40:02,280 --> 00:40:04,360 Speaker 1: that I was worried. I was like, are we forgetting? 752 00:40:04,520 --> 00:40:07,160 Speaker 1: I'm like, are we forgetting? What these people did? Are 753 00:40:07,160 --> 00:40:10,200 Speaker 1: we but toad forgotten? The totality of it is almost 754 00:40:10,239 --> 00:40:14,000 Speaker 1: hard to remember and to realize. Iraq, the trillions of dollars, 755 00:40:14,239 --> 00:40:17,080 Speaker 1: the Iraqis who are dead, the Americans who are dead, 756 00:40:17,360 --> 00:40:20,360 Speaker 1: I mean people who died for nothing, I mean for lies, 757 00:40:20,480 --> 00:40:23,839 Speaker 1: And I don't mean that in a derogatory term. You know, 758 00:40:23,880 --> 00:40:26,760 Speaker 1: the their service always has to be remembered. I'm saying, 759 00:40:26,800 --> 00:40:29,520 Speaker 1: like they were put in harm's way by our leaders 760 00:40:29,719 --> 00:40:33,600 Speaker 1: for a straight up lie. And they're legitimate. This is 761 00:40:33,640 --> 00:40:36,560 Speaker 1: what you know, this is like it just really disturbs me. 762 00:40:36,680 --> 00:40:41,600 Speaker 1: They're legitimate feelings of patriotism, yes, and desire for service 763 00:40:41,840 --> 00:40:46,400 Speaker 1: and desire to do good in the world. You manipulated that, 764 00:40:46,600 --> 00:40:49,480 Speaker 1: and you weaponize that and sent them in many cases 765 00:40:49,520 --> 00:40:52,200 Speaker 1: to their death or to be maimed or to you know, 766 00:40:52,320 --> 00:40:55,440 Speaker 1: end up with PTSD or traumatic brain injury that ruined 767 00:40:55,440 --> 00:40:58,400 Speaker 1: their life. The milestones they missed at home, whether it 768 00:40:58,480 --> 00:41:00,560 Speaker 1: was the birth of a child or a birthday or 769 00:41:00,560 --> 00:41:04,440 Speaker 1: a graduation or whatever. It was like, you did that, 770 00:41:05,040 --> 00:41:08,439 Speaker 1: and at least for one moment, he had to look 771 00:41:08,440 --> 00:41:12,000 Speaker 1: in the face of someone that he committed these crimes to. Yeah, 772 00:41:12,040 --> 00:41:15,759 Speaker 1: so props to him. I guarantee you he will not 773 00:41:15,840 --> 00:41:17,879 Speaker 1: remember it. He sleeps just fine at night. He has 774 00:41:17,920 --> 00:41:20,359 Speaker 1: like a religious zeal that he did the right thing. 775 00:41:20,480 --> 00:41:23,720 Speaker 1: But you know, I think the rest of us should remember. Yeah. Okay, 776 00:41:23,840 --> 00:41:27,719 Speaker 1: speaking of people being confronted, I guess evil people being confronted. 777 00:41:28,080 --> 00:41:31,720 Speaker 1: Bill Gates recently gave an interview to with PBS News 778 00:41:31,719 --> 00:41:35,839 Speaker 1: Hours Judy Woodruff, and she pressed him pretty hard on 779 00:41:36,080 --> 00:41:40,680 Speaker 1: Jeffrey Epstein his past connections there, and Gates gives one 780 00:41:40,680 --> 00:41:44,400 Speaker 1: of the most bizarre answers that I've ever heard. For 781 00:41:44,440 --> 00:41:47,759 Speaker 1: those who are watching, pay very close attention to his 782 00:41:47,880 --> 00:41:51,560 Speaker 1: body language, the fidgeting, how uncomfortable he is. For those 783 00:41:51,600 --> 00:41:53,000 Speaker 1: who are listening, we'll describe it to you. On the 784 00:41:53,080 --> 00:41:55,799 Speaker 1: other side, let's take a lesson. Was reported at that 785 00:41:55,920 --> 00:42:00,680 Speaker 1: time that you had a number of meetings with jeff Epstein, 786 00:42:01,200 --> 00:42:03,920 Speaker 1: who when you met him ten years ago, he was 787 00:42:03,960 --> 00:42:08,600 Speaker 1: convicted of soliciting prostitution from minors. What did you know 788 00:42:08,719 --> 00:42:11,200 Speaker 1: about him when you were meeting with him, as you've 789 00:42:11,200 --> 00:42:15,319 Speaker 1: said yourself, in the hopes of raising money, Uh, you know, 790 00:42:15,360 --> 00:42:20,840 Speaker 1: I had dinners with him. I regret doing that. He 791 00:42:20,960 --> 00:42:25,879 Speaker 1: had relationships with people he said, you know, would give 792 00:42:25,920 --> 00:42:29,480 Speaker 1: to global health, which is an interest I have. You know, 793 00:42:29,560 --> 00:42:33,480 Speaker 1: not nearly enough philanthropy goes in that direction. You know, 794 00:42:33,520 --> 00:42:39,560 Speaker 1: those meetings we were a mistake. They didn't what he 795 00:42:39,640 --> 00:42:42,000 Speaker 1: purported and I cut them off. You know, that goes 796 00:42:42,080 --> 00:42:45,719 Speaker 1: back a long time ago. Now there's you know, so 797 00:42:45,760 --> 00:42:48,359 Speaker 1: there's nothing new on that. It was reported that you 798 00:42:48,400 --> 00:42:53,120 Speaker 1: continue to meet with him over several years, and that, 799 00:42:53,320 --> 00:42:57,239 Speaker 1: in other words, a number of meetings. What did you 800 00:42:57,280 --> 00:43:03,719 Speaker 1: do when you found out about his background? Well, you know, 801 00:43:03,800 --> 00:43:07,920 Speaker 1: I've said I regretted having those dinners and there's nothing, 802 00:43:08,000 --> 00:43:11,200 Speaker 1: absolutely nothing new on that. Is there a lesson for 803 00:43:11,400 --> 00:43:18,719 Speaker 1: you for anyone else? Look looking at this, Well, he's dead, so, uh, 804 00:43:18,880 --> 00:43:21,200 Speaker 1: you know, in general, you always have to be careful 805 00:43:23,560 --> 00:43:27,720 Speaker 1: and you know the you know, I'm I'm very proud 806 00:43:27,760 --> 00:43:29,640 Speaker 1: of what we've done on plant to be very proud 807 00:43:29,680 --> 00:43:34,360 Speaker 1: of the work of the foundation. Uh, you know, that's 808 00:43:34,800 --> 00:43:39,960 Speaker 1: that's what I get up every day and focus on. Oh, 809 00:43:40,560 --> 00:43:45,920 Speaker 1: he's dead. So there's no lessons. That was no lessons. 810 00:43:47,000 --> 00:43:49,480 Speaker 1: It's like, maybe I should have done more due diligence 811 00:43:49,600 --> 00:43:51,880 Speaker 1: is the world's We're just man like. Maybe I shouldn't 812 00:43:51,920 --> 00:43:53,879 Speaker 1: have tried to use Epstein as a vector to try 813 00:43:53,920 --> 00:43:56,600 Speaker 1: and win the Nobel Peace Prize. Maybe I should have 814 00:43:56,680 --> 00:43:59,759 Speaker 1: been hanging out with him and venting about my wife. Which, 815 00:44:00,239 --> 00:44:02,879 Speaker 1: as a reminder, with the New York Post thing up there, 816 00:44:03,040 --> 00:44:07,120 Speaker 1: obviously lying about the nature of his contact with Jeffrey Epstein, 817 00:44:07,120 --> 00:44:09,720 Speaker 1: the New York Post article says Jeffrey Epstein gave advice 818 00:44:09,800 --> 00:44:14,120 Speaker 1: to Bill Gates about ending his marriage to Melinda. Now, yeah, huh, 819 00:44:14,160 --> 00:44:16,560 Speaker 1: all right, got it. Apparently, you know, this is probably 820 00:44:16,600 --> 00:44:19,920 Speaker 1: leaked by Melinda's divorce team and all of that. But 821 00:44:20,160 --> 00:44:23,040 Speaker 1: there have been multiple reports indicating and there have been 822 00:44:23,120 --> 00:44:27,160 Speaker 1: multiple witnesses who said, actually they were boys, they were buddies, 823 00:44:27,239 --> 00:44:29,279 Speaker 1: Like this is where he went to escape, you know, 824 00:44:29,320 --> 00:44:31,560 Speaker 1: it wasn't happy in his marriage. This was where he 825 00:44:31,640 --> 00:44:34,000 Speaker 1: went to relax, and that it was a point of 826 00:44:34,040 --> 00:44:39,040 Speaker 1: contention in their marriage because Melinda has worked on, you know, 827 00:44:39,440 --> 00:44:41,919 Speaker 1: ending sex trafficking, and this is an issue that she's 828 00:44:41,920 --> 00:44:44,520 Speaker 1: actually invested some time, and so she's like, what the 829 00:44:44,560 --> 00:44:47,680 Speaker 1: hell are you doing with this, dude, question that we 830 00:44:47,719 --> 00:44:52,080 Speaker 1: all continue to have. Remember, he was a convicted pedophile 831 00:44:52,239 --> 00:44:54,480 Speaker 1: by the time that Gates was hanging out with him. 832 00:44:54,520 --> 00:44:57,440 Speaker 1: This is not there's no excuse, there's no I didn't know, no, Like, 833 00:44:57,480 --> 00:45:00,600 Speaker 1: he was already convicted whenever this and he got his 834 00:45:00,600 --> 00:45:03,239 Speaker 1: little sweetheart deal and Gates hung out with him on 835 00:45:03,400 --> 00:45:06,320 Speaker 1: multiple occasions. As I pointed out, I mean the Norwegian 836 00:45:06,360 --> 00:45:10,720 Speaker 1: press revealed that Gates actually flew with Epstein to France 837 00:45:10,840 --> 00:45:13,880 Speaker 1: and that they visited the head of the Nobel Committee 838 00:45:13,960 --> 00:45:16,680 Speaker 1: because Gates is obsessed, as he keeps pointing to with 839 00:45:16,760 --> 00:45:20,160 Speaker 1: getting the Nobel Peace Prize for his work with the 840 00:45:20,200 --> 00:45:23,680 Speaker 1: Gates Foundation, and that is really what this was all about. 841 00:45:23,960 --> 00:45:26,799 Speaker 1: And it's funny too whenever you listen to Gates talking there. 842 00:45:26,800 --> 00:45:28,120 Speaker 1: First of all, he's richest man in the world. He 843 00:45:28,160 --> 00:45:32,120 Speaker 1: doesn't actually need outside financing. So what's going on, I 844 00:45:32,160 --> 00:45:34,799 Speaker 1: guess the second richest man in the world whatever. So 845 00:45:34,840 --> 00:45:36,359 Speaker 1: he's the second richest man in the world, he doesn't 846 00:45:36,400 --> 00:45:39,640 Speaker 1: need outside financing whatsoever. So now what why are you 847 00:45:39,719 --> 00:45:43,120 Speaker 1: meeting with Epstein? And Epstein, according to Gates, was promising 848 00:45:43,200 --> 00:45:46,000 Speaker 1: him all of this, Oh, these like financing structures in 849 00:45:46,120 --> 00:45:48,920 Speaker 1: order to get development work done. I have said this 850 00:45:48,960 --> 00:45:51,919 Speaker 1: a million times, like with Leon Black, who was worth 851 00:45:52,000 --> 00:45:54,520 Speaker 1: nine billion dollars, who was a Wall Street titan, who 852 00:45:54,560 --> 00:45:57,880 Speaker 1: says that he went to Epstein for tax advice. For 853 00:45:58,160 --> 00:46:01,680 Speaker 1: a lot of these guys they can have Look, if 854 00:46:01,680 --> 00:46:04,840 Speaker 1: the people were worth nine and eighty billion, can't have 855 00:46:05,000 --> 00:46:07,279 Speaker 1: access to the very top of the advisors in the 856 00:46:07,360 --> 00:46:11,200 Speaker 1: legitimate world. The Goldman sacks, what are you doing? Whatever 857 00:46:11,280 --> 00:46:14,120 Speaker 1: you're going to after Epstein. This whole tax advice stuff. 858 00:46:14,320 --> 00:46:17,399 Speaker 1: It doesn't hold up whatsoever. I mean, Gates can call 859 00:46:17,520 --> 00:46:20,719 Speaker 1: any bank and any billionaire in the world in order 860 00:46:20,760 --> 00:46:23,320 Speaker 1: to go sit down with them to talk development financing. 861 00:46:23,520 --> 00:46:26,080 Speaker 1: You had to go to this guy. Why this guy? Right? 862 00:46:26,160 --> 00:46:27,880 Speaker 1: And I think we're beginning to learn some of that. 863 00:46:28,560 --> 00:46:31,359 Speaker 1: Adam Johnson actually tweeted to this point. He was like, 864 00:46:31,640 --> 00:46:34,120 Speaker 1: Gates keeps giving this line. He hung out with Epstein 865 00:46:34,160 --> 00:46:37,799 Speaker 1: multiple times because Epstein had access to donors for public health. Yes, 866 00:46:37,920 --> 00:46:40,160 Speaker 1: and not once does anyone ask the obvious question of 867 00:46:40,560 --> 00:46:43,799 Speaker 1: who specifically is this person? Who are these peoples who 868 00:46:44,040 --> 00:46:47,319 Speaker 1: Bill Gates cannot on his own get in touch with? 869 00:46:47,360 --> 00:46:50,000 Speaker 1: And then he says, Secretary, Sir Bill Gates called again. 870 00:46:50,040 --> 00:46:52,160 Speaker 1: He wants to talk about donating with you to cureates 871 00:46:52,480 --> 00:46:55,840 Speaker 1: mystery richman, Bill who tell him I'll only deal with 872 00:46:55,920 --> 00:46:59,160 Speaker 1: him through my disgraced child sex trafficker contact. That's a 873 00:46:59,200 --> 00:47:02,280 Speaker 1: great point I'm talking about, which is the Gates Foundation 874 00:47:02,400 --> 00:47:06,320 Speaker 1: actually has a larger footprint in many countries than the USAID, 875 00:47:06,520 --> 00:47:09,840 Speaker 1: our aid organizer. Right to give you an idea of 876 00:47:09,880 --> 00:47:12,840 Speaker 1: the scale of which he already is operating at Whenever 877 00:47:12,880 --> 00:47:16,200 Speaker 1: he's meeting with. Look, all we're saying is stop be 878 00:47:16,280 --> 00:47:19,160 Speaker 1: asking us. The story makes no sense. We're all seeing 879 00:47:19,239 --> 00:47:21,879 Speaker 1: through this. It's insane, like the idea that you need 880 00:47:21,960 --> 00:47:26,440 Speaker 1: Jeffrey Epstein for money. You're Bill Gates. You are Bill Gates, 881 00:47:26,520 --> 00:47:29,240 Speaker 1: you are one of the richest men on the entire planet, 882 00:47:29,600 --> 00:47:32,960 Speaker 1: and you need Jeffrey Epstein to have access to donors 883 00:47:33,040 --> 00:47:36,960 Speaker 1: or access to money. It's so silly and absurd, Like 884 00:47:37,080 --> 00:47:39,800 Speaker 1: we're not the stupid Bill. I would also be remiss 885 00:47:39,800 --> 00:47:42,440 Speaker 1: if I didn't mention that Leon Black we didn't have 886 00:47:42,520 --> 00:47:45,520 Speaker 1: a something made for this. He's the former private equity giant, 887 00:47:45,520 --> 00:47:49,520 Speaker 1: former CEO of Apollo Global Management, billions of dollars under management. 888 00:47:49,600 --> 00:47:53,080 Speaker 1: Himself a longtime billionaire, was just recently accused by a 889 00:47:53,200 --> 00:47:57,800 Speaker 1: second woman of violently raping her at Jeffrey Epstein's Manhattan 890 00:47:57,840 --> 00:48:01,400 Speaker 1: townhouse in two thousand and two. Obviously he denies it, 891 00:48:01,680 --> 00:48:04,839 Speaker 1: all the legal caveats and all that, But look, I'm 892 00:48:04,880 --> 00:48:07,320 Speaker 1: just saying, you know, we've got the Prince Andrews situation 893 00:48:07,440 --> 00:48:11,560 Speaker 1: here where he's literally being protected by the Palace guard 894 00:48:11,920 --> 00:48:16,680 Speaker 1: from being served papers, like they've got the Metropolitan British 895 00:48:16,760 --> 00:48:19,920 Speaker 1: Police are protecting him from being able to be served 896 00:48:20,080 --> 00:48:22,960 Speaker 1: with the lawsuit so that he cannot be tried at 897 00:48:22,960 --> 00:48:25,840 Speaker 1: a civil court here in the United States. Leon Black 898 00:48:26,040 --> 00:48:29,920 Speaker 1: now accused second person. He's forced out of Apollo, specifically 899 00:48:30,000 --> 00:48:32,680 Speaker 1: because he was hiding his ties to Jeffrey Epstein. Now 900 00:48:32,800 --> 00:48:35,280 Speaker 1: Bill Gates every time the guy does an interview. Also, 901 00:48:35,360 --> 00:48:37,279 Speaker 1: you noticed he's like thumbing for his fake for his 902 00:48:37,360 --> 00:48:40,080 Speaker 1: old wedding ring. It's kind of sad. Yeah, he's like 903 00:48:40,120 --> 00:48:44,120 Speaker 1: fidgeting is out there anymore? So he's got that whole situation, 904 00:48:44,520 --> 00:48:47,440 Speaker 1: he says, you know, and yet look the real problem 905 00:48:47,480 --> 00:48:50,080 Speaker 1: is and props to Woodroff for even pressing him, But 906 00:48:50,160 --> 00:48:52,800 Speaker 1: somebody needs to ask that question, what were you getting 907 00:48:52,800 --> 00:48:56,120 Speaker 1: from him that you can't get anywhere else in the world. 908 00:48:56,200 --> 00:48:59,200 Speaker 1: You're already one of the world's biggest philanthropists. Not a 909 00:48:59,200 --> 00:49:01,160 Speaker 1: single one of these baires who've been caught up with 910 00:49:01,200 --> 00:49:03,600 Speaker 1: this guy have ever answered. They all answer the same 911 00:49:03,719 --> 00:49:05,600 Speaker 1: version of I wish I never met the guy like 912 00:49:05,719 --> 00:49:09,120 Speaker 1: Leslie Wexner whatever, the Victoria's secret guy who signed over 913 00:49:09,200 --> 00:49:11,319 Speaker 1: all his fortune to him for some reason. That one 914 00:49:11,400 --> 00:49:14,000 Speaker 1: is really right seems to have been the key to 915 00:49:14,120 --> 00:49:18,200 Speaker 1: how Epstein was able to live this lavish life in 916 00:49:18,239 --> 00:49:22,319 Speaker 1: the beginning and ingratiate himself into these circles to start with. 917 00:49:22,520 --> 00:49:26,920 Speaker 1: But yeah, well Epstein's dead, so thinks we should move on. 918 00:49:26,960 --> 00:49:29,239 Speaker 1: It's amazing that he says there's no lesson to be learned. 919 00:49:29,239 --> 00:49:30,800 Speaker 1: He's like, oh, I got to do my due diligence. 920 00:49:30,800 --> 00:49:33,920 Speaker 1: He's like, oh, well he's dead. He's dead, So okay, 921 00:49:34,040 --> 00:49:37,480 Speaker 1: all right, interesting Confrent. Next, speaking of things dredged up, 922 00:49:37,640 --> 00:49:39,920 Speaker 1: some of you might have seen Fax actually launch a 923 00:49:40,000 --> 00:49:43,240 Speaker 1: retro show. This is very retro. Well, it's interesting because 924 00:49:43,440 --> 00:49:45,279 Speaker 1: I've been trying to watch this series. It's not on 925 00:49:45,320 --> 00:49:48,000 Speaker 1: Hulu or whatever, but FX, which did the O. J. 926 00:49:48,120 --> 00:49:51,080 Speaker 1: Simpson trial and something else which I think was the 927 00:49:51,120 --> 00:49:54,680 Speaker 1: Versace thing, they just did a mini series on Lewinsky. 928 00:49:54,800 --> 00:49:57,279 Speaker 1: So it's kind of it's revived a little bit of 929 00:49:57,280 --> 00:49:59,760 Speaker 1: the Lewinsky discussion. And I do actually think it's important 930 00:49:59,760 --> 00:50:01,520 Speaker 1: for you. With my age and me even a little 931 00:50:01,520 --> 00:50:04,799 Speaker 1: bit younger, we didn't weren't fully cognizant, I think during 932 00:50:04,840 --> 00:50:07,120 Speaker 1: the Lewinsky scandal. But I mean it was, you know, 933 00:50:07,160 --> 00:50:09,640 Speaker 1: the national story of the time. It was one hundred 934 00:50:09,640 --> 00:50:12,160 Speaker 1: percent you know, what was happening. And one of the 935 00:50:12,400 --> 00:50:15,319 Speaker 1: elements of it which modern feminists would go crazy over 936 00:50:15,800 --> 00:50:18,640 Speaker 1: is the fact that a lot of these old school 937 00:50:19,120 --> 00:50:23,320 Speaker 1: feminists in the Democratic Party, they didn't just go to bat. 938 00:50:23,400 --> 00:50:27,600 Speaker 1: They went hard for Bill Clinton to smear Monica Lewinsky, 939 00:50:27,920 --> 00:50:31,680 Speaker 1: turned her life upside down, basically slut shamed her and 940 00:50:31,719 --> 00:50:35,239 Speaker 1: not blamed, you know, the president who has you know, 941 00:50:35,280 --> 00:50:38,680 Speaker 1: had multiple allegations against him. We got a little bit 942 00:50:38,680 --> 00:50:42,160 Speaker 1: of a preview of that from the view yesterday when 943 00:50:42,280 --> 00:50:44,640 Speaker 1: Joy Behar was who was exactly one of these people 944 00:50:45,200 --> 00:50:49,399 Speaker 1: channeling her like inner nineties protection instincts. Listen to how 945 00:50:49,440 --> 00:50:54,160 Speaker 1: she describes what the Lewinsky scandal meant for Monica Lewinsky 946 00:50:54,239 --> 00:50:56,560 Speaker 1: and who the real victim was. Let's take a listen. 947 00:50:57,040 --> 00:51:00,520 Speaker 1: I would submit here that the real victim the United 948 00:51:00,600 --> 00:51:05,040 Speaker 1: States of America because and and Hillary Clinton, because if 949 00:51:05,040 --> 00:51:08,160 Speaker 1: you remember when the debate was going on between Trump 950 00:51:08,200 --> 00:51:13,160 Speaker 1: and Hillary, Trump brought in all these so called victims 951 00:51:13,440 --> 00:51:20,239 Speaker 1: of Clinton's peccadillos, right, okay, And if they have brought in, 952 00:51:20,719 --> 00:51:22,920 Speaker 1: if they have brought in if Democrats have done the 953 00:51:22,920 --> 00:51:25,319 Speaker 1: same and brought in Donald Trump's victims, and those who 954 00:51:25,560 --> 00:51:27,960 Speaker 1: wouldn't have done anything. They would have needed, they would 955 00:51:28,000 --> 00:51:30,960 Speaker 1: have needed an arena exactly. And there were a lot 956 00:51:31,000 --> 00:51:38,400 Speaker 1: of he allegedly abused a lot of women. Bill Clinton here, 957 00:51:38,520 --> 00:51:42,600 Speaker 1: those women into that debate. That hurt Hillary Clinton. And 958 00:51:42,680 --> 00:51:46,000 Speaker 1: that is the real victim. The country lost a great person, 959 00:51:46,080 --> 00:51:48,680 Speaker 1: Hillary Clinton could have been the president instead of that 960 00:51:49,040 --> 00:51:52,479 Speaker 1: criminal that we had there for four years. And that's 961 00:51:52,520 --> 00:51:55,240 Speaker 1: the real vic and that's the real loser. I pushed 962 00:51:55,239 --> 00:51:59,560 Speaker 1: that the real victim was Hillary, Hillary and the United States, 963 00:51:59,719 --> 00:52:02,759 Speaker 1: and she not by that is that like, oh, a 964 00:52:02,800 --> 00:52:05,880 Speaker 1: good man was taken out as president, reputation tarnished, and 965 00:52:05,920 --> 00:52:08,719 Speaker 1: a good woman who should have been our rifle president 966 00:52:09,000 --> 00:52:11,879 Speaker 1: was you know, was tarnished by all of this. I mean, 967 00:52:12,239 --> 00:52:15,480 Speaker 1: I also love the way she says in this just 968 00:52:15,760 --> 00:52:21,799 Speaker 1: voice full of contempt alleged victims. It really does harken back. 969 00:52:21,840 --> 00:52:23,920 Speaker 1: And even I was, like, you know, I wasn't really 970 00:52:23,960 --> 00:52:26,000 Speaker 1: super political when I was young, so this was all 971 00:52:26,040 --> 00:52:27,879 Speaker 1: sort of happening in the background, and I wasn't really 972 00:52:27,960 --> 00:52:30,640 Speaker 1: tuning into all of the Washington debates and like Maureen 973 00:52:30,760 --> 00:52:34,760 Speaker 1: Dowd columns and whatever when I was seventeen or whatever 974 00:52:34,800 --> 00:52:38,120 Speaker 1: it was at the time. So even for me, it's 975 00:52:38,280 --> 00:52:41,520 Speaker 1: helpful to remember the way people like thought about this 976 00:52:41,600 --> 00:52:43,560 Speaker 1: and portrayed this at the time. But yeah, all this 977 00:52:43,680 --> 00:52:46,080 Speaker 1: language from the beginning about like oh if you drag 978 00:52:46,120 --> 00:52:48,759 Speaker 1: a twenty dollars bill through a trailer park and calling 979 00:52:48,800 --> 00:52:52,880 Speaker 1: him bimbo eruptions, and then the way that these supposed 980 00:52:53,000 --> 00:52:58,719 Speaker 1: feminists came in not to attack Bill for his exploitation, 981 00:52:58,960 --> 00:53:01,319 Speaker 1: I mean monicale is she was a young intern. She 982 00:53:01,400 --> 00:53:06,279 Speaker 1: was like her higher life has now become defined by 983 00:53:06,320 --> 00:53:08,520 Speaker 1: this and ruined by this, and that she goes on 984 00:53:08,560 --> 00:53:11,000 Speaker 1: to say, oh, she's doing fine, she's making money, but like, 985 00:53:11,600 --> 00:53:16,000 Speaker 1: money is not everything. You've had your entire life and identity, Yeah, 986 00:53:16,120 --> 00:53:19,239 Speaker 1: stolen from you by this man when you are a 987 00:53:19,320 --> 00:53:23,080 Speaker 1: young intern and he's the most powerful man in the world, 988 00:53:23,560 --> 00:53:26,799 Speaker 1: and you don't think that that's relevant Still today in 989 00:53:26,840 --> 00:53:29,719 Speaker 1: twenty twenty one, you haven't figured that out, and you're 990 00:53:29,920 --> 00:53:33,560 Speaker 1: you know, alleged victims. The other thing, you know, we 991 00:53:33,600 --> 00:53:38,360 Speaker 1: spoke with Unnita Brodrick. That's when we were on around 992 00:53:38,800 --> 00:53:42,040 Speaker 1: tar Reid and all that was happening there, and you 993 00:53:42,080 --> 00:53:44,920 Speaker 1: can see the way that because of how she was treated, 994 00:53:45,080 --> 00:53:46,920 Speaker 1: I mean, she has her own agency and all of that, 995 00:53:47,080 --> 00:53:49,480 Speaker 1: but because of the way she was treated so terribly 996 00:53:49,480 --> 00:53:51,480 Speaker 1: by the Clintons, by everybody around, by everybody in the 997 00:53:51,520 --> 00:53:53,960 Speaker 1: Democratic Party, like she's so far down the right wing 998 00:53:54,400 --> 00:53:57,160 Speaker 1: rabbit hole, and you can see the way that they're 999 00:53:57,239 --> 00:54:00,920 Speaker 1: just like sneering contempt pushes people away. I mean, you 1000 00:54:00,920 --> 00:54:03,040 Speaker 1: can see it very clearly in that instance. But this 1001 00:54:03,160 --> 00:54:06,080 Speaker 1: is just a disgusting way to view the whole situation, 1002 00:54:06,200 --> 00:54:08,719 Speaker 1: and that she still unrepentantly views it the same way 1003 00:54:08,760 --> 00:54:10,720 Speaker 1: she did in nineteen ninety nine. It was pretty interesting, 1004 00:54:10,800 --> 00:54:12,439 Speaker 1: what everything of one. You know, she's a sweet lady. 1005 00:54:12,440 --> 00:54:14,120 Speaker 1: I think we at least got that from the interview. 1006 00:54:14,160 --> 00:54:16,200 Speaker 1: She's such a nice woman, and you know, she was 1007 00:54:16,239 --> 00:54:19,160 Speaker 1: smeared viciously by these people, and you know, and she 1008 00:54:19,200 --> 00:54:21,640 Speaker 1: accused Clinton of right back in the seventies, and the 1009 00:54:21,719 --> 00:54:24,719 Speaker 1: machine just destroyed her. And actually I dug this up, 1010 00:54:24,760 --> 00:54:26,759 Speaker 1: so I didn't even know about this until the me 1011 00:54:26,840 --> 00:54:30,520 Speaker 1: too whole thing started in twenty seventeen, which was one person. 1012 00:54:30,560 --> 00:54:33,319 Speaker 1: Our name was Marjorie Williams. She actually wrote this back 1013 00:54:33,360 --> 00:54:35,239 Speaker 1: in nineteen ninety eight. Let's put this up there on 1014 00:54:35,280 --> 00:54:37,400 Speaker 1: the screen. One of the only honest actors, and she 1015 00:54:37,520 --> 00:54:41,320 Speaker 1: was like, hey, Clinton sorted entanglements with Flowers and Paula 1016 00:54:41,440 --> 00:54:44,880 Speaker 1: Jones and Monica Lewinsky have drawn barely a squeak of 1017 00:54:44,960 --> 00:54:49,360 Speaker 1: protest from the powerful writers, lawyers, activist politicians, and academics 1018 00:54:49,480 --> 00:54:53,440 Speaker 1: who call themselves feminists. And what she points to repeatedly 1019 00:54:53,600 --> 00:54:55,680 Speaker 1: is that a lot of the people who call themselves 1020 00:54:55,840 --> 00:55:00,440 Speaker 1: feminists back in the nineties, because politically Clinton actually defended 1021 00:55:00,480 --> 00:55:02,279 Speaker 1: a lot of stuff they agreed with. Yeah, they not 1022 00:55:02,320 --> 00:55:05,640 Speaker 1: only gave him a pass, Crystal, they were saying stuff 1023 00:55:05,719 --> 00:55:09,000 Speaker 1: like oh wow, like it's just like a virile southern man. 1024 00:55:09,360 --> 00:55:12,680 Speaker 1: I was like, okay, or all right, so that's justification. 1025 00:55:12,960 --> 00:55:16,279 Speaker 1: We're taking advantage of a twenty three year old intern 1026 00:55:16,640 --> 00:55:19,799 Speaker 1: wow and turning her life upside down. He never apologized 1027 00:55:19,800 --> 00:55:22,319 Speaker 1: to her well once And you know the fact of 1028 00:55:22,320 --> 00:55:24,960 Speaker 1: the matter is, like nothing's really changed they I mean, 1029 00:55:25,000 --> 00:55:29,040 Speaker 1: think about times up, Like, think about this organization supposedly 1030 00:55:29,120 --> 00:55:32,239 Speaker 1: dedicated to me too and telling the stories of survivors 1031 00:55:32,239 --> 00:55:34,239 Speaker 1: and helping them fight back in court and all of that. 1032 00:55:34,800 --> 00:55:37,640 Speaker 1: And what you come to learn is like, no, actually, 1033 00:55:37,880 --> 00:55:41,120 Speaker 1: you just want to control what happens within the Me 1034 00:55:41,200 --> 00:55:43,200 Speaker 1: Too movement so it doesn't come for any of the 1035 00:55:43,200 --> 00:55:47,000 Speaker 1: politicians you like, like Joe Biden, when Tara Reid comes 1036 00:55:47,040 --> 00:55:48,640 Speaker 1: to you and says, here's what happened to me, and 1037 00:55:48,680 --> 00:55:51,360 Speaker 1: are you gonna help me? And the answer is hell, no, 1038 00:55:51,640 --> 00:55:55,799 Speaker 1: absolutely not. And then with Andrew Cuomo, not only are 1039 00:55:55,800 --> 00:55:57,919 Speaker 1: they like, we're not gonna help you, they're like, how 1040 00:55:57,920 --> 00:56:04,280 Speaker 1: can we assist in smearing Andrew Cuomo's accusers? So nothing's 1041 00:56:04,320 --> 00:56:06,920 Speaker 1: really changed. They have total blinders on when it comes 1042 00:56:06,920 --> 00:56:10,320 Speaker 1: to like who counts, whose allegations matter, how they should 1043 00:56:10,360 --> 00:56:14,120 Speaker 1: be handled. It's not really any different. And I guess 1044 00:56:14,120 --> 00:56:16,319 Speaker 1: that's what this moment with Joy kind of reveals is 1045 00:56:16,360 --> 00:56:18,680 Speaker 1: like they haven't actually changed. They may be a little 1046 00:56:18,719 --> 00:56:22,839 Speaker 1: better in general, like rhetorically about pretending they don't say 1047 00:56:22,880 --> 00:56:25,759 Speaker 1: he's virual, care about all women, They wouldn't say that virile. 1048 00:56:25,800 --> 00:56:28,719 Speaker 1: They wouldn't like allow the bimbo eruption language or the 1049 00:56:28,760 --> 00:56:33,879 Speaker 1: twenty dollars through the trailer park language. But underlying all 1050 00:56:33,920 --> 00:56:38,239 Speaker 1: of that, there's still entire levels of like hypocrisy and 1051 00:56:38,640 --> 00:56:42,560 Speaker 1: selective outrage. When a woman comes forward with incredible allegation, 1052 00:56:42,760 --> 00:56:44,880 Speaker 1: that's right, Wow, you guys must really like listening to 1053 00:56:44,960 --> 00:56:47,000 Speaker 1: our voices. Well, I know this is annoying. Instead of 1054 00:56:47,000 --> 00:56:49,640 Speaker 1: making you listen to a Viagra commercial when you're done, 1055 00:56:49,800 --> 00:56:52,200 Speaker 1: check out the other podcast I do with Marshal Cossof 1056 00:56:52,280 --> 00:56:54,520 Speaker 1: called The Realignment. We talk a lot about the deeper 1057 00:56:54,560 --> 00:56:57,960 Speaker 1: issues that are changing realigning in American society. You always 1058 00:56:57,960 --> 00:57:00,680 Speaker 1: need more Crystal and soogur in your daily lives. Take care, guys, 1059 00:57:01,080 --> 00:57:03,920 Speaker 1: All right, Crystal, what are you taking a look at? Well? Guys. 1060 00:57:03,960 --> 00:57:07,440 Speaker 1: I have a very controversial theory of politics. I believe 1061 00:57:07,640 --> 00:57:11,799 Speaker 1: that reality actually matters more than messaging or misinformation or 1062 00:57:11,800 --> 00:57:15,600 Speaker 1: political ads, more than shutdowns even or procedure or poll numbers. 1063 00:57:15,960 --> 00:57:18,720 Speaker 1: The way people feel about their lives and their jobs 1064 00:57:18,720 --> 00:57:21,080 Speaker 1: and the future for their kids has a lot more 1065 00:57:21,120 --> 00:57:24,400 Speaker 1: to do with how and whether they'll ultimately vote than 1066 00:57:24,440 --> 00:57:27,360 Speaker 1: the source of debates on language and framing and ideology 1067 00:57:27,400 --> 00:57:30,439 Speaker 1: that normally dominate the cable news airwaves. Of course, part 1068 00:57:30,480 --> 00:57:32,880 Speaker 1: of why we've had these crazy swings in our politics 1069 00:57:32,880 --> 00:57:35,040 Speaker 1: from one team to the other is because reality has 1070 00:57:35,080 --> 00:57:37,800 Speaker 1: not been that great the naive hopes of the Clinton 1071 00:57:37,880 --> 00:57:41,240 Speaker 1: tech bubble era, they've collapsed into a depression of elite crimes, 1072 00:57:41,280 --> 00:57:45,960 Speaker 1: financial precarity, and working class oblivion. The most raizen criminals 1073 00:57:45,960 --> 00:57:49,080 Speaker 1: in the country. They got rich. The most honest salt 1074 00:57:49,120 --> 00:57:51,440 Speaker 1: of the earth people in the country, they got screwed. 1075 00:57:51,800 --> 00:57:54,200 Speaker 1: And we keep tossing out this party and then tossing 1076 00:57:54,280 --> 00:57:57,400 Speaker 1: out that party because neither one actually gives damn about 1077 00:57:57,440 --> 00:58:00,000 Speaker 1: doing anything to restore some basic sense of fair place 1078 00:58:00,560 --> 00:58:04,000 Speaker 1: of possibility, of just an expectation of a basic level 1079 00:58:04,000 --> 00:58:07,120 Speaker 1: of dignity. But to give you a few specific examples 1080 00:58:07,160 --> 00:58:09,800 Speaker 1: of my grand theory that reality actually matters, let's think 1081 00:58:09,800 --> 00:58:13,040 Speaker 1: about why Trump lost. It's pretty obvious people felt crappy 1082 00:58:13,040 --> 00:58:15,000 Speaker 1: about a pandemic that was keeping them at home, their 1083 00:58:15,080 --> 00:58:17,520 Speaker 1: kids out of school, and threatening their loved ones, even 1084 00:58:17,560 --> 00:58:20,160 Speaker 1: if Trump had done nothing different at all. But the 1085 00:58:20,200 --> 00:58:22,840 Speaker 1: pandemic happened to be easy, and people were starting the 1086 00:58:22,840 --> 00:58:25,560 Speaker 1: fall with their kids headed back to school. Zero dobt 1087 00:58:25,560 --> 00:58:28,520 Speaker 1: in my mind that he would have been reelected. Another 1088 00:58:28,560 --> 00:58:31,040 Speaker 1: example you can think too. Back in twenty twelve, things 1089 00:58:31,040 --> 00:58:34,120 Speaker 1: were not all that amazing the economy, but the unemployment 1090 00:58:34,200 --> 00:58:37,200 Speaker 1: rate was consistently ticking down. The number of people in 1091 00:58:37,240 --> 00:58:39,160 Speaker 1: the country who felt the nation was on the right 1092 00:58:39,240 --> 00:58:43,200 Speaker 1: track was consistently ticking up. It was enough for Obama 1093 00:58:43,240 --> 00:58:46,120 Speaker 1: to defeat the cartoonish caricature of out of touch wealth 1094 00:58:46,160 --> 00:58:49,919 Speaker 1: that they skillfully defined romneyas. But things were very, very 1095 00:58:49,920 --> 00:58:53,360 Speaker 1: different just two years earlier, in the midterms of twenty ten. 1096 00:58:53,640 --> 00:58:57,120 Speaker 1: Remember this President Bush when he went through a similar thing, 1097 00:58:57,200 --> 00:59:00,600 Speaker 1: came out and he said this was a thumping, and 1098 00:59:00,880 --> 00:59:03,000 Speaker 1: you talked about how it was humbling, or you alluded 1099 00:59:03,040 --> 00:59:06,680 Speaker 1: to it perhaps being humbling. And I'm wondering when you 1100 00:59:06,720 --> 00:59:11,800 Speaker 1: call your friends like Congressman Periello or Governor Strickland and 1101 00:59:12,000 --> 00:59:16,640 Speaker 1: you see nineteen state legislatures go to the other side, 1102 00:59:17,920 --> 00:59:22,760 Speaker 1: governorships and swing states, the Democratic Party set back. What 1103 00:59:22,800 --> 00:59:27,080 Speaker 1: does it feel like? It feels bad now. I'm not 1104 00:59:27,120 --> 00:59:29,920 Speaker 1: recommending for every future president that they take a shellacking 1105 00:59:30,000 --> 00:59:34,800 Speaker 1: like they like I did last night. You know, I'm 1106 00:59:34,800 --> 00:59:40,280 Speaker 1: sure they are easier ways to learn these lessons a shellacking. 1107 00:59:41,080 --> 00:59:44,640 Speaker 1: Reality sucked in twenty ten. The left was furious, the 1108 00:59:44,720 --> 00:59:47,640 Speaker 1: right was furious. The economy was terrible, the recovery was slow, 1109 00:59:47,800 --> 00:59:51,640 Speaker 1: the mood was seething, and voters either stayed home entirely 1110 00:59:52,000 --> 00:59:55,400 Speaker 1: or they showed up to register their fury by kicking 1111 00:59:55,440 --> 00:59:58,360 Speaker 1: out the party in power with Gusto. That was the 1112 00:59:58,440 --> 01:00:01,120 Speaker 1: year I ran for Congress as a Demo. Amazing timing 1113 01:00:01,160 --> 01:00:03,240 Speaker 1: on my part, But the truth of the matter is 1114 01:00:03,360 --> 01:00:06,920 Speaker 1: Democrats that year they deserve to lose. Remember, these people 1115 01:00:06,920 --> 01:00:09,000 Speaker 1: had a majority in the House, they had a super 1116 01:00:09,040 --> 01:00:13,240 Speaker 1: majority in the Senate. They were entrusted with astonishing power, 1117 01:00:13,800 --> 01:00:17,520 Speaker 1: historic power at the most critical moment imaginable, and they 1118 01:00:17,560 --> 01:00:20,760 Speaker 1: blew it. They deserved to lose because they didn't jail 1119 01:00:20,760 --> 01:00:23,040 Speaker 1: any bankers for their crimes, because they didn't end the 1120 01:00:23,080 --> 01:00:25,400 Speaker 1: wars they said they would, because they were more worried 1121 01:00:25,440 --> 01:00:27,880 Speaker 1: about Chuck Todd, thinking they spent too much money in 1122 01:00:27,920 --> 01:00:31,880 Speaker 1: the stimulus than actually getting the policy right. They decided 1123 01:00:31,920 --> 01:00:34,520 Speaker 1: to do a giant giveaway to health insurers rather than 1124 01:00:34,560 --> 01:00:37,360 Speaker 1: actually rip out the corrupt health care mafia system, root 1125 01:00:37,400 --> 01:00:39,960 Speaker 1: and branch and creating its place something that was actually 1126 01:00:39,960 --> 01:00:43,240 Speaker 1: about health and care. The Republicans, of course, they didn't 1127 01:00:43,280 --> 01:00:47,200 Speaker 1: deserve to win, but there is zero doubt Democrats suffered 1128 01:00:47,240 --> 01:00:51,480 Speaker 1: a righteous and fully deserved loss. Well, friends, where are 1129 01:00:51,520 --> 01:00:53,960 Speaker 1: we today with the Biden administration. We got some check 1130 01:00:54,000 --> 01:00:56,720 Speaker 1: the box executive orders, we got a short term relief 1131 01:00:56,760 --> 01:00:59,280 Speaker 1: package that has now mostly expired, and we got a 1132 01:00:59,280 --> 01:01:02,680 Speaker 1: truly courative switdrawal from Afghanistan that was marred unfairly by 1133 01:01:02,720 --> 01:01:05,520 Speaker 1: media coverage and very fairly by a drone strike that 1134 01:01:05,600 --> 01:01:09,240 Speaker 1: murdered an entire Afghan family and their babies. The rest 1135 01:01:09,240 --> 01:01:12,920 Speaker 1: of the Biden promises on everything from unions, to economics, 1136 01:01:12,920 --> 01:01:15,880 Speaker 1: to civil rights and immigration. They have all collapsed in 1137 01:01:15,920 --> 01:01:19,240 Speaker 1: a heap at the feet of Joe Manchin, Josh Gottheimer 1138 01:01:19,360 --> 01:01:24,200 Speaker 1: Kirsen Cinema, and most importantly, Joe Biden himself. Think about it. 1139 01:01:24,640 --> 01:01:27,200 Speaker 1: He promised to raise the wage of fifteen dollars per hour. 1140 01:01:27,280 --> 01:01:30,520 Speaker 1: That's gone. He launched his campaign with the firefighters Union, 1141 01:01:30,520 --> 01:01:33,080 Speaker 1: pledging to be the most pro union president in history. 1142 01:01:33,560 --> 01:01:36,000 Speaker 1: But Proact looks set to go down with the Reconciliation 1143 01:01:36,040 --> 01:01:39,200 Speaker 1: Bill or be cut out by the Parliamentarian. Climate change 1144 01:01:39,240 --> 01:01:43,320 Speaker 1: is in the hands of Cole Baron, Joe Manchin, voting rights, 1145 01:01:43,400 --> 01:01:48,200 Speaker 1: police reform, redistricting reform, campaign finance reform all dead. Immigration 1146 01:01:48,320 --> 01:01:51,680 Speaker 1: reform has been killed by the Parliamentarian. The entire populist 1147 01:01:51,680 --> 01:01:55,160 Speaker 1: economic agenda appears right now to be going down in flames. 1148 01:01:55,520 --> 01:01:57,960 Speaker 1: A base that was highly animated to end the cruelty 1149 01:01:58,000 --> 01:02:01,120 Speaker 1: of Trump era immigration policies. They've been treated to images 1150 01:02:01,160 --> 01:02:03,400 Speaker 1: of horror at the border and the realization that the 1151 01:02:03,440 --> 01:02:06,440 Speaker 1: Biden admin is now engaged in one of the largest 1152 01:02:06,480 --> 01:02:11,000 Speaker 1: mass expulsions of migrants in history. Maybe nothing, though, exemplifies 1153 01:02:11,000 --> 01:02:14,440 Speaker 1: Democratic Party failure better than the doomed fate of prescription 1154 01:02:14,520 --> 01:02:18,160 Speaker 1: drug reform. Everyone in the party has been running on 1155 01:02:18,320 --> 01:02:21,800 Speaker 1: lowering drug prices for more than a decade. It is 1156 01:02:21,840 --> 01:02:25,440 Speaker 1: a policy supported by eighty or ninety percent of Americans, 1157 01:02:25,880 --> 01:02:28,880 Speaker 1: and it's probably going to fail. What is a political 1158 01:02:28,920 --> 01:02:31,960 Speaker 1: party worth if they can't even deliver on something so 1159 01:02:32,240 --> 01:02:39,320 Speaker 1: incredibly basic, obvious, and long pledged as lowering prescription drug prices. Now, listen, 1160 01:02:39,480 --> 01:02:41,240 Speaker 1: you might be on one side or the other of 1161 01:02:41,240 --> 01:02:44,080 Speaker 1: some of these issues, but two things are abundantly clear. 1162 01:02:44,480 --> 01:02:48,479 Speaker 1: Number One, Biden voters were lied to. The promises were fake. 1163 01:02:48,960 --> 01:02:52,800 Speaker 1: Number Two, reality right now sucks. Let me show you 1164 01:02:52,840 --> 01:02:55,720 Speaker 1: in one graph, how people are feeling about the state 1165 01:02:55,760 --> 01:02:58,439 Speaker 1: of America right now. Just take a look at this chart. 1166 01:02:58,480 --> 01:03:00,680 Speaker 1: So the number of Americans who think on the wrong 1167 01:03:00,760 --> 01:03:03,960 Speaker 1: track has spiked dramatically over the past several months. You 1168 01:03:03,960 --> 01:03:06,520 Speaker 1: can see that at the end there, wrong track has 1169 01:03:06,560 --> 01:03:08,800 Speaker 1: been besting right track for a while now. In America, 1170 01:03:09,160 --> 01:03:12,400 Speaker 1: but back just as recently as May, wrong Track was 1171 01:03:12,440 --> 01:03:15,600 Speaker 1: only ahead of right Track by a mere seven points. 1172 01:03:15,960 --> 01:03:20,720 Speaker 1: Today that gap has exploded to thirty points, as delta 1173 01:03:20,760 --> 01:03:25,200 Speaker 1: has surged, supply shortages have widened, and Biden just looks on. 1174 01:03:25,760 --> 01:03:28,160 Speaker 1: He has burned up so much time fixating on this 1175 01:03:28,280 --> 01:03:31,840 Speaker 1: bipartisan infrastructure bill and the absurd belief that voters are 1176 01:03:31,840 --> 01:03:34,200 Speaker 1: going to care more about whether Lindsey Graham signed onto 1177 01:03:34,240 --> 01:03:37,720 Speaker 1: an agenda than whether Biden has actually delivered for the 1178 01:03:37,720 --> 01:03:41,800 Speaker 1: American people. Biden's Reconciliation bill is the last big chance 1179 01:03:42,000 --> 01:03:44,920 Speaker 1: to change the state of reality. Not because it has 1180 01:03:44,960 --> 01:03:47,920 Speaker 1: to be, but because Biden himself has decided to handcuff 1181 01:03:47,920 --> 01:03:50,800 Speaker 1: his agenda through his own lack of baldness on executive action, 1182 01:03:51,080 --> 01:03:54,480 Speaker 1: through a bizarre deference to an unelected bureaucrat, to an 1183 01:03:54,560 --> 01:03:57,600 Speaker 1: unwillingness to end an arcane procedural rule called the filibuster, 1184 01:03:57,720 --> 01:04:01,320 Speaker 1: and a seeming unwillingness to use a single hardball tactic 1185 01:04:01,520 --> 01:04:04,680 Speaker 1: to bring the corporate sellouts to heal, not to mention 1186 01:04:05,120 --> 01:04:09,280 Speaker 1: a disastrous political strategy that left the entire agenda hanging 1187 01:04:09,520 --> 01:04:13,240 Speaker 1: until right now. So, just like twenty ten, Republicans don't 1188 01:04:13,280 --> 01:04:15,760 Speaker 1: deserve to win, they have zero to offer or say. 1189 01:04:16,160 --> 01:04:20,200 Speaker 1: But do democrats deserve to lose? You betcha? Unless something 1190 01:04:20,520 --> 01:04:23,840 Speaker 1: wildly changes, the party in power will get shell act 1191 01:04:23,960 --> 01:04:27,520 Speaker 1: and they will deserve it. And listen, we talked about 1192 01:04:27,520 --> 01:04:31,480 Speaker 1: this starting the show. One more thing, I promise. Just 1193 01:04:31,520 --> 01:04:33,680 Speaker 1: wanted to make sure you knew about my podcast with 1194 01:04:33,760 --> 01:04:36,520 Speaker 1: Kyle Kolinski. It's called Crystal, Kyle and Friends, where we 1195 01:04:36,600 --> 01:04:40,080 Speaker 1: do long form interviews with people like Noam Chomsky, Cornell West, 1196 01:04:40,120 --> 01:04:43,640 Speaker 1: and Glenn Greenwald. You can listen on any podcast platform, 1197 01:04:43,880 --> 01:04:46,240 Speaker 1: or you can subscribe over on substack to get the 1198 01:04:46,320 --> 01:04:48,720 Speaker 1: video a day early. We're gonna stop bugging you now 1199 01:04:48,920 --> 01:04:51,520 Speaker 1: enjoy all right, Sager, what are you looking at? Well? 1200 01:04:51,640 --> 01:04:53,320 Speaker 1: By now, you may have heard of the case of 1201 01:04:53,360 --> 01:04:55,880 Speaker 1: Gabby Patito. She was a young twenty two year old girl, 1202 01:04:55,920 --> 01:04:57,720 Speaker 1: she said, off across the country this summer in a 1203 01:04:57,800 --> 01:05:01,000 Speaker 1: van with her boyfriend Brian Laundry for a trip out west. 1204 01:05:01,040 --> 01:05:04,560 Speaker 1: It was documenting her experience very meticulously on social media 1205 01:05:04,640 --> 01:05:07,160 Speaker 1: and her popular YouTube account. Now the case actually has 1206 01:05:07,160 --> 01:05:11,040 Speaker 1: captured national attention after Potito's remains recently were identified in 1207 01:05:11,160 --> 01:05:14,680 Speaker 1: Grand Teton National Park preliminary finding is that her death 1208 01:05:14,800 --> 01:05:17,480 Speaker 1: was sadly caused by a homicide. Now, before I get 1209 01:05:17,520 --> 01:05:19,560 Speaker 1: to the specifics of the case, let's just say her 1210 01:05:19,560 --> 01:05:21,880 Speaker 1: death has caused a lot of takes. One of the 1211 01:05:21,920 --> 01:05:25,439 Speaker 1: most popular is this who cares people go missing every day? 1212 01:05:25,760 --> 01:05:29,000 Speaker 1: MSNBC's joy Anne Reid in particular, was outrage at the 1213 01:05:29,000 --> 01:05:32,040 Speaker 1: attention on Potito's death, saying it's a case of missing 1214 01:05:32,080 --> 01:05:35,120 Speaker 1: white lady syndrome. Let's take a listen. If you've been 1215 01:05:35,160 --> 01:05:37,240 Speaker 1: watching the news for the past few days or on 1216 01:05:37,280 --> 01:05:40,920 Speaker 1: Twitter or TikTok, you're probably familiar with the name Gabby Potito, 1217 01:05:41,440 --> 01:05:44,120 Speaker 1: the twenty two year old aspiring social media influencer who 1218 01:05:44,160 --> 01:05:48,040 Speaker 1: was reported missing after her fiance returned from their van 1219 01:05:48,160 --> 01:05:52,320 Speaker 1: life excursion without her on Sunday, human remains believed to 1220 01:05:52,360 --> 01:05:55,080 Speaker 1: be Potito's were found in a national park in Wyoming. 1221 01:05:55,480 --> 01:05:58,760 Speaker 1: An autopsy is scheduled for tomorrow to confirm the identity. 1222 01:05:59,280 --> 01:06:01,640 Speaker 1: Now goes without saying that no family should ever have 1223 01:06:01,720 --> 01:06:04,520 Speaker 1: to endure that kind of pain, and the Potito family 1224 01:06:04,560 --> 01:06:08,160 Speaker 1: certainly deserve answers and justice, But the way this story 1225 01:06:08,200 --> 01:06:11,440 Speaker 1: has captivated the nation has many wondering why not the 1226 01:06:11,440 --> 01:06:14,560 Speaker 1: same media attention when people of color go missing. Well, 1227 01:06:14,880 --> 01:06:18,880 Speaker 1: the answer actually has a name, missing white woman syndrome, 1228 01:06:19,320 --> 01:06:22,360 Speaker 1: the term coined by the late and great Gwen Eiffel 1229 01:06:22,840 --> 01:06:27,040 Speaker 1: to describe the media and public fascination with missing white 1230 01:06:27,120 --> 01:06:31,320 Speaker 1: women like Lacy Peterson or Natalie Holloway while ignoring cases 1231 01:06:31,480 --> 01:06:35,840 Speaker 1: involving missing people of color. Now, look is race a 1232 01:06:35,880 --> 01:06:39,400 Speaker 1: part of national coverage one? And the cases of Natalie 1233 01:06:39,440 --> 01:06:43,840 Speaker 1: Holloway and Lacy Peterson were actually sensationalized two decades ago. 1234 01:06:44,240 --> 01:06:46,800 Speaker 1: But what the entire media is missing here is that 1235 01:06:46,840 --> 01:06:50,480 Speaker 1: they were second to this story, not first. The reason 1236 01:06:50,480 --> 01:06:53,960 Speaker 1: that Potito's case gained such salience online is it was 1237 01:06:54,080 --> 01:06:59,640 Speaker 1: born of interest online TikTokers, YouTubers, Instagram people. They considered 1238 01:06:59,640 --> 01:07:02,200 Speaker 1: Petita one of their own, and they got involved in 1239 01:07:02,240 --> 01:07:05,320 Speaker 1: the case to piece together the pieces that the cops 1240 01:07:05,360 --> 01:07:08,400 Speaker 1: had very obviously missed. And here's the thing, the facts 1241 01:07:08,400 --> 01:07:12,200 Speaker 1: of this case are actually crazy. After Potito's family lost 1242 01:07:12,240 --> 01:07:14,520 Speaker 1: touch with her in August of twenty twenty one, her 1243 01:07:14,560 --> 01:07:18,200 Speaker 1: boyfriend showed up back in Florida two weeks later with 1244 01:07:18,480 --> 01:07:22,520 Speaker 1: the van that they were traveling in and she wasn't there. Obviously, 1245 01:07:22,720 --> 01:07:25,560 Speaker 1: they had a lot of questions, Uh, what's going on, Brian, 1246 01:07:25,800 --> 01:07:29,040 Speaker 1: Where's Gabby? Then police showed up to his house to 1247 01:07:29,080 --> 01:07:31,520 Speaker 1: ask him and he wouldn't talk to them. According to 1248 01:07:31,520 --> 01:07:34,120 Speaker 1: the Potito family, he wouldn't talk to them either. On 1249 01:07:34,160 --> 01:07:36,720 Speaker 1: September fifteenth, after Brian was named a person of interest 1250 01:07:36,800 --> 01:07:40,200 Speaker 1: in this case, he also went missing, according to that family, 1251 01:07:40,480 --> 01:07:43,160 Speaker 1: and nobody knows where the hell he is today. As 1252 01:07:43,200 --> 01:07:46,800 Speaker 1: people online became aware that Gabby was missing, a ground 1253 01:07:46,800 --> 01:07:50,480 Speaker 1: swell of online salutes actually became involved, and what received 1254 01:07:50,520 --> 01:07:54,280 Speaker 1: particular attention was a resurface body camera footage of a 1255 01:07:54,320 --> 01:07:57,920 Speaker 1: police stop of the couple in Moab, Utah, where Brian 1256 01:07:57,960 --> 01:08:00,920 Speaker 1: and Gabby were actually involved in a fight. On August twelfth, 1257 01:08:00,920 --> 01:08:05,440 Speaker 1: twenty twenty one, a bystander in Moab saw Potito and 1258 01:08:05,520 --> 01:08:08,960 Speaker 1: Laundry arguing, in which Potito apparently hit Laundry in the 1259 01:08:09,080 --> 01:08:11,680 Speaker 1: arm as he was keeping her away from her phone. 1260 01:08:11,960 --> 01:08:15,040 Speaker 1: Now that bystander heard Potito say, quote, why do you 1261 01:08:15,120 --> 01:08:17,559 Speaker 1: have to be so mean? And he was so concerned 1262 01:08:17,560 --> 01:08:20,240 Speaker 1: he actually called in as a domestic dispute. Now that 1263 01:08:20,360 --> 01:08:24,080 Speaker 1: call told police, quote, we drove by a gentleman was 1264 01:08:24,120 --> 01:08:28,120 Speaker 1: slapping the girl. We stopped they ran and down that sidewalk, 1265 01:08:28,320 --> 01:08:30,960 Speaker 1: he proceeded to hit her. He hopped in the car, 1266 01:08:31,040 --> 01:08:34,280 Speaker 1: and they drove off together. Now, body camera footage reveals 1267 01:08:34,320 --> 01:08:36,519 Speaker 1: that after that couple was stopped in their van, but 1268 01:08:36,640 --> 01:08:39,640 Speaker 1: Tito was in very obvious distress when talking to the officers. 1269 01:08:39,840 --> 01:08:41,639 Speaker 1: So for those who are just listening, here the audio, 1270 01:08:41,680 --> 01:08:43,799 Speaker 1: it's a little bit muffled. Here's a very small tidbit 1271 01:08:43,840 --> 01:08:46,920 Speaker 1: that just gives you an idea of what it was like. Yeah, 1272 01:08:46,960 --> 01:08:55,519 Speaker 1: I don't know. I said, I was just cleaning and 1273 01:08:55,720 --> 01:08:59,040 Speaker 1: feeding a second before, and I was apologizing to him 1274 01:08:59,040 --> 01:09:04,920 Speaker 1: and saying, now, look, According to the officers, she was 1275 01:09:05,000 --> 01:09:08,200 Speaker 1: like that the entire time. She was distraught emotionally and 1276 01:09:08,320 --> 01:09:11,400 Speaker 1: was apologizing over and over for being mean to her boyfriend, 1277 01:09:11,439 --> 01:09:13,920 Speaker 1: even though a caller said something otherwise. It doesn't take 1278 01:09:13,920 --> 01:09:16,439 Speaker 1: a genius to see some pretty telltale signs of domestic 1279 01:09:16,479 --> 01:09:19,040 Speaker 1: abuse here. But the cops wrote it off and instead 1280 01:09:19,200 --> 01:09:21,519 Speaker 1: they split them apart, asking the boyfriend to spend the 1281 01:09:21,600 --> 01:09:24,320 Speaker 1: night in a hotel while she slept alone in a van. 1282 01:09:24,720 --> 01:09:27,439 Speaker 1: Now from there things get even stranger. She posted on 1283 01:09:27,520 --> 01:09:30,360 Speaker 1: Instagram on mutah in August twenty fifth, and then her 1284 01:09:30,360 --> 01:09:33,120 Speaker 1: mother received strange texts saying that she was going to 1285 01:09:33,200 --> 01:09:36,719 Speaker 1: Yellowstone and would have no cell service on August thirtieth, 1286 01:09:36,840 --> 01:09:40,439 Speaker 1: That was five days later. Eleven days after that, she's 1287 01:09:40,439 --> 01:09:43,640 Speaker 1: officially reported missing after not being heard from. And you 1288 01:09:43,760 --> 01:09:46,360 Speaker 1: know that her boyfriend she was traveling with shows up 1289 01:09:46,400 --> 01:09:48,680 Speaker 1: back at his house in Florida with a van and 1290 01:09:48,760 --> 01:09:51,360 Speaker 1: no girlfriend. All of this were known to the police 1291 01:09:51,400 --> 01:09:54,080 Speaker 1: at the time, who then came to the boyfriend's house 1292 01:09:54,320 --> 01:09:56,439 Speaker 1: to seize the van in question. But then when they 1293 01:09:56,479 --> 01:09:59,160 Speaker 1: try to answer ask him questions, he refers them to 1294 01:09:59,200 --> 01:10:01,680 Speaker 1: his lawyer, refusing to speak with them. What do the 1295 01:10:01,680 --> 01:10:05,479 Speaker 1: cops do? Nothing? They said her disappearance was odd, but 1296 01:10:05,600 --> 01:10:07,559 Speaker 1: that there was no evidence of a crime in their 1297 01:10:07,600 --> 01:10:10,120 Speaker 1: own jurisdiction of Florida, so they just took the van 1298 01:10:10,280 --> 01:10:12,439 Speaker 1: and then they left. They didn't put a car, they 1299 01:10:12,520 --> 01:10:16,080 Speaker 1: didn't pressure the family. Nothing, So lo and behold a 1300 01:10:16,120 --> 01:10:19,120 Speaker 1: few days later, when the FBI decides that the laundry 1301 01:10:19,200 --> 01:10:22,040 Speaker 1: is now a person of interest, he's nowhere to be found. 1302 01:10:22,200 --> 01:10:24,360 Speaker 1: They literally let him skip down. Even though the dude 1303 01:10:24,400 --> 01:10:26,720 Speaker 1: showed up at his house with the van they were 1304 01:10:26,760 --> 01:10:30,160 Speaker 1: both in and refused to talk to them. Seriously. Am 1305 01:10:30,200 --> 01:10:33,479 Speaker 1: I crazy. Is this not the easiest case to figure out? Ever, 1306 01:10:33,800 --> 01:10:36,280 Speaker 1: while the police were apparently letting the prime suspect go, 1307 01:10:36,800 --> 01:10:42,920 Speaker 1: people online were actually surfacing details everywhere, geolocating, figuring out 1308 01:10:42,920 --> 01:10:45,640 Speaker 1: her past whereabouts. In fact, it was a pair of 1309 01:10:45,800 --> 01:10:50,280 Speaker 1: YouTubers themselves who happened to drive past Ptito's van on 1310 01:10:50,320 --> 01:10:53,360 Speaker 1: August twenty seventh in Grand Tee to National Park, who 1311 01:10:53,400 --> 01:10:58,000 Speaker 1: then reviewed their footage and alerted authorities to the location 1312 01:10:58,400 --> 01:11:02,120 Speaker 1: where her body was eventually discovered. Various sidings of the 1313 01:11:02,120 --> 01:11:04,839 Speaker 1: couple have been reported also on social media the explosion 1314 01:11:04,880 --> 01:11:08,160 Speaker 1: of interest and a nationwide manhunt now underway for laundry 1315 01:11:08,240 --> 01:11:10,720 Speaker 1: at this time, but the review of the details is 1316 01:11:10,760 --> 01:11:13,720 Speaker 1: merely to underscore that both this is a pretty extraordinary 1317 01:11:13,760 --> 01:11:15,759 Speaker 1: case in which a person who already had a following 1318 01:11:15,760 --> 01:11:19,320 Speaker 1: on social media was involved in an objectively crazy situation 1319 01:11:19,720 --> 01:11:22,400 Speaker 1: and where others sought to do what they could to 1320 01:11:22,400 --> 01:11:24,760 Speaker 1: try and locate her. And the nature of so much 1321 01:11:24,800 --> 01:11:27,960 Speaker 1: of MSNBC and CNN coverage in the last several days 1322 01:11:28,160 --> 01:11:30,759 Speaker 1: has been to essentially try and shame people for caring 1323 01:11:30,880 --> 01:11:33,519 Speaker 1: or tuning in or trying to help, but they ignore 1324 01:11:33,600 --> 01:11:35,920 Speaker 1: that Unlike in the nineties. They aren't the ones who 1325 01:11:36,000 --> 01:11:39,599 Speaker 1: actually created the interests. It was organic. It actually stemmed 1326 01:11:39,640 --> 01:11:42,200 Speaker 1: from the facts themselves. I really don't know how many 1327 01:11:42,280 --> 01:11:44,759 Speaker 1: times we have to discuss on this show. Shaming people 1328 01:11:44,840 --> 01:11:47,800 Speaker 1: is likely to have the opposite reaction when you're trying 1329 01:11:47,840 --> 01:11:50,559 Speaker 1: to elevate something. And number two, I cannot think of 1330 01:11:50,600 --> 01:11:53,559 Speaker 1: a better opportunity than for anyone discussing the case as 1331 01:11:53,600 --> 01:11:56,080 Speaker 1: I am right now to draw attention to two big 1332 01:11:56,200 --> 01:11:59,479 Speaker 1: crises that we have in our society. One is domestic abuse, 1333 01:11:59,600 --> 01:12:02,400 Speaker 1: which is actually skyrocketed during the pandemic and for which 1334 01:12:02,400 --> 01:12:05,960 Speaker 1: so many women suffer, And two is missing persons. Advocates 1335 01:12:06,000 --> 01:12:08,760 Speaker 1: are one hundred percent correct in noting how many minorities 1336 01:12:08,800 --> 01:12:10,519 Speaker 1: go missing in the country. There are a lot of 1337 01:12:10,520 --> 01:12:13,200 Speaker 1: resources that people should look into if they're interested in 1338 01:12:13,240 --> 01:12:16,280 Speaker 1: helping and being aware to find other people who are missing. 1339 01:12:16,880 --> 01:12:19,519 Speaker 1: But what people who are apparently well intentioned always miss 1340 01:12:19,840 --> 01:12:22,639 Speaker 1: is that talking down to people almost never works. While 1341 01:12:22,640 --> 01:12:25,200 Speaker 1: others have consternation at looking at the interest in the case, 1342 01:12:25,439 --> 01:12:28,559 Speaker 1: I actually see a good thing. The authorities failed Gabby Patito, 1343 01:12:28,760 --> 01:12:30,519 Speaker 1: but a lot of people stepped up to try and 1344 01:12:30,520 --> 01:12:33,759 Speaker 1: bring closure to her family and hopefully justice for her murderer. 1345 01:12:33,960 --> 01:12:35,640 Speaker 1: And I choose to see hope in that, and I 1346 01:12:35,680 --> 01:12:37,320 Speaker 1: see it as a spirit that perhaps that we can 1347 01:12:37,360 --> 01:12:40,080 Speaker 1: build on and help as many people as possible. I'm 1348 01:12:40,120 --> 01:12:42,439 Speaker 1: curious what you think, Cristel, because I think the reflexive 1349 01:12:42,520 --> 01:12:45,840 Speaker 1: nature to be like, oh, it's missing white girl joining us. 1350 01:12:45,840 --> 01:12:49,120 Speaker 1: Now we have Ben Streckinger. He is national political correspondent 1351 01:12:49,160 --> 01:12:51,840 Speaker 1: for Politico. But reason we have him today is he's 1352 01:12:51,880 --> 01:12:54,400 Speaker 1: also author of a brand new book. It is called 1353 01:12:54,439 --> 01:12:58,400 Speaker 1: The Bidens Inside the First Family's fifty year Rise to Power. 1354 01:12:58,920 --> 01:13:01,320 Speaker 1: Great tatty Bene, Ben, thanks so much for having me. 1355 01:13:01,479 --> 01:13:02,960 Speaker 1: Of course, I think we have the book jacket we 1356 01:13:02,960 --> 01:13:04,599 Speaker 1: can throw up on the screen so people can see 1357 01:13:04,600 --> 01:13:06,680 Speaker 1: it's for sale right now, right so you can go 1358 01:13:06,760 --> 01:13:09,720 Speaker 1: out and go out and grab it. Let's start with 1359 01:13:09,800 --> 01:13:12,639 Speaker 1: the big news that you broke here. I'm sure our 1360 01:13:12,640 --> 01:13:16,280 Speaker 1: audience will recall. Shortly before election day there was a 1361 01:13:16,320 --> 01:13:20,559 Speaker 1: whole blow up in the media around Hunter Biden's alleged 1362 01:13:20,600 --> 01:13:23,960 Speaker 1: at that time laptop. There were there was a lot 1363 01:13:24,000 --> 01:13:27,800 Speaker 1: of allegations, oh maybe this is Russian disinformation. New York 1364 01:13:27,840 --> 01:13:30,960 Speaker 1: Post article comes down about it. It's censored by Twitter. 1365 01:13:31,000 --> 01:13:33,120 Speaker 1: You can't even share it because this came from sketchy 1366 01:13:33,120 --> 01:13:36,519 Speaker 1: sources and it might be Russian disinformation. You were able 1367 01:13:36,560 --> 01:13:40,599 Speaker 1: to nail down with your reporting that at least some 1368 01:13:40,920 --> 01:13:43,760 Speaker 1: of the emails that were exchanged on this laptop were 1369 01:13:43,800 --> 01:13:46,719 Speaker 1: in fact legitimate layout for us what you found sure. 1370 01:13:46,800 --> 01:13:49,280 Speaker 1: So most importantly, I spoke to someone who for a 1371 01:13:49,320 --> 01:13:52,479 Speaker 1: time had some independent access to Hunter Biden's emails. They 1372 01:13:52,479 --> 01:13:55,760 Speaker 1: say he did receive an email from a Ukrainian businessman 1373 01:13:55,800 --> 01:13:58,360 Speaker 1: thanking him for the chance to meet his father, and 1374 01:13:58,400 --> 01:14:01,080 Speaker 1: that he did receive an email from a business partner 1375 01:14:01,439 --> 01:14:04,640 Speaker 1: laying out the proposed equity structure for a venture with 1376 01:14:04,680 --> 01:14:08,080 Speaker 1: some Chinese business executives that included the line ten held 1377 01:14:08,280 --> 01:14:11,160 Speaker 1: held by h for the big Guy. Those were the 1378 01:14:11,200 --> 01:14:12,880 Speaker 1: lines that were at this sort of at the center 1379 01:14:12,920 --> 01:14:16,479 Speaker 1: of the controversy last October, the emails that were initially 1380 01:14:16,479 --> 01:14:18,920 Speaker 1: published by The New York Post. And I was also 1381 01:14:18,960 --> 01:14:21,800 Speaker 1: able to corroborate some other emails that didn't really make 1382 01:14:21,840 --> 01:14:23,680 Speaker 1: the news that just sort of show that there's other 1383 01:14:23,760 --> 01:14:26,360 Speaker 1: genuine material here. I spoke to a couple of people 1384 01:14:26,360 --> 01:14:29,519 Speaker 1: who corresponded with Hunter Biden in twenty eighteen and twenty nineteen. 1385 01:14:29,600 --> 01:14:32,599 Speaker 1: They said, yep, those messages or messages I did exchange 1386 01:14:32,640 --> 01:14:35,360 Speaker 1: with him, and then I obtained some emails from a 1387 01:14:35,400 --> 01:14:38,280 Speaker 1: Swedish government agency. For a while, Hunter Biden had an 1388 01:14:38,320 --> 01:14:41,400 Speaker 1: office in the complex on K Street that houses the 1389 01:14:41,400 --> 01:14:45,080 Speaker 1: Swedish embassy, so the Swedish government was essentially his landlord. 1390 01:14:45,920 --> 01:14:48,560 Speaker 1: They released me, you know, a half dozen or a 1391 01:14:48,600 --> 01:14:52,479 Speaker 1: dozen email exchanges, and those match emails in the cash. 1392 01:14:52,720 --> 01:14:54,640 Speaker 1: So what I can say is that some of this, 1393 01:14:55,080 --> 01:14:58,200 Speaker 1: some of this material at least is genuine. You know, 1394 01:14:58,280 --> 01:15:00,840 Speaker 1: it's interesting. I did not expect to blow up as 1395 01:15:00,920 --> 01:15:02,800 Speaker 1: much as it did your report on that some of 1396 01:15:02,840 --> 01:15:05,719 Speaker 1: it is genuine. The political press almost to be like, whoa, 1397 01:15:05,720 --> 01:15:07,760 Speaker 1: it's genuine. I mean, it seemed quite obvious to me, 1398 01:15:07,880 --> 01:15:10,040 Speaker 1: given the fact that he didn't deny it, the Biden 1399 01:15:10,400 --> 01:15:13,920 Speaker 1: campaign now administration continues to not deny it. It almost 1400 01:15:13,920 --> 01:15:16,559 Speaker 1: seems unfortunate that that's the top line news. I mean, 1401 01:15:16,640 --> 01:15:19,719 Speaker 1: there's so much more that's packed into the book. So first, 1402 01:15:19,760 --> 01:15:22,680 Speaker 1: just give your reaction in terms of like how exactly 1403 01:15:22,720 --> 01:15:25,360 Speaker 1: the media has responded to what you've put out, But 1404 01:15:25,479 --> 01:15:27,080 Speaker 1: just give us some more of a sense of what's 1405 01:15:27,080 --> 01:15:28,720 Speaker 1: in there. I mean, this is an entire thing. You 1406 01:15:28,800 --> 01:15:32,240 Speaker 1: really went inside of the Biden family, which is not 1407 01:15:32,600 --> 01:15:34,960 Speaker 1: nearly as well known as if you think about the 1408 01:15:35,080 --> 01:15:37,960 Speaker 1: characters of the Trump Junior and Kushner. I mean, even 1409 01:15:38,040 --> 01:15:41,680 Speaker 1: Clinton and his brother Roger. Everybody knew about that Obama 1410 01:15:41,840 --> 01:15:44,960 Speaker 1: right famously, Malik Obama, or his sister, or his mom 1411 01:15:45,040 --> 01:15:47,200 Speaker 1: and his grandma, they all got a lot of scrutiny. 1412 01:15:47,240 --> 01:15:49,000 Speaker 1: We don't know very much about the Biden So your 1413 01:15:49,000 --> 01:15:50,519 Speaker 1: reaction and then just tell us a bit about the 1414 01:15:50,560 --> 01:15:53,320 Speaker 1: Bidens themselves. Yeah, I sort of knew that this would 1415 01:15:53,360 --> 01:15:55,679 Speaker 1: get some attention, but I also knew that for anyone 1416 01:15:55,680 --> 01:15:59,400 Speaker 1: that had really been paying close attention, this wouldn't come 1417 01:15:59,479 --> 01:16:02,720 Speaker 1: as a huge surprise. This was a massive global controversy. 1418 01:16:03,479 --> 01:16:06,799 Speaker 1: Nobody copied on these alleged at the time alleged emails 1419 01:16:07,560 --> 01:16:10,000 Speaker 1: came forward and said these are not authentic. Colenter Biden 1420 01:16:10,040 --> 01:16:14,439 Speaker 1: has never disputed the authenticity of these emails, and one 1421 01:16:14,479 --> 01:16:16,720 Speaker 1: of the recipients of one of these emails, Tony Babulenski, 1422 01:16:16,760 --> 01:16:19,519 Speaker 1: came forward and said, yes, this email is real, and 1423 01:16:19,640 --> 01:16:22,200 Speaker 1: yes ten held byites for the Big Guy did refer 1424 01:16:22,600 --> 01:16:25,320 Speaker 1: to plans to have Hunter hold equity on behalf of 1425 01:16:25,320 --> 01:16:28,840 Speaker 1: his father. Obviously, the Biden campaign has said Joe Biden 1426 01:16:28,880 --> 01:16:33,360 Speaker 1: never considered doing anything like that. So it is definitely 1427 01:16:33,360 --> 01:16:36,280 Speaker 1: interesting to see the amount of attention this gets given 1428 01:16:36,720 --> 01:16:41,400 Speaker 1: how unsurprising it should be, I think to people, and 1429 01:16:41,439 --> 01:16:43,040 Speaker 1: in terms of what else is in this book, you know, 1430 01:16:43,360 --> 01:16:45,519 Speaker 1: where do I start? Some of my favorite parts of 1431 01:16:45,520 --> 01:16:49,040 Speaker 1: the book are actually about Delaware, the Delaware Way. There's 1432 01:16:49,080 --> 01:16:53,200 Speaker 1: this incredible saga that's not really known about beer distributor 1433 01:16:53,200 --> 01:16:55,680 Speaker 1: in Delaware who had been a big campaign bundler for 1434 01:16:55,680 --> 01:16:59,599 Speaker 1: the bidens ends up going down on some campaign finance charges. 1435 01:16:59,640 --> 01:17:02,120 Speaker 1: But before where he does, where's a wire for the 1436 01:17:02,160 --> 01:17:06,160 Speaker 1: FBI goes after some people in Biden's inner circle. That 1437 01:17:07,080 --> 01:17:10,799 Speaker 1: investigation did not yield real evidence of wrongdoing by Joe Biden, 1438 01:17:10,880 --> 01:17:13,240 Speaker 1: but through the story of this guy, Chris Digany, you 1439 01:17:13,280 --> 01:17:18,200 Speaker 1: sort of go through, you know, the deep parts of 1440 01:17:18,280 --> 01:17:20,280 Speaker 1: Joe Biden's Delaware and I think it's a real glimpse 1441 01:17:20,280 --> 01:17:23,640 Speaker 1: of that. Yeah, so just talk up about the family dynamics. 1442 01:17:23,720 --> 01:17:27,760 Speaker 1: Who are the main players, How is Biden? Who? You know? 1443 01:17:27,800 --> 01:17:30,519 Speaker 1: We all do know the story about his wife and 1444 01:17:30,560 --> 01:17:33,680 Speaker 1: his baby daughter being killed tragically. Hunter and bo are 1445 01:17:33,680 --> 01:17:37,160 Speaker 1: in the car. They're injured. He just was elected senator, 1446 01:17:37,240 --> 01:17:39,400 Speaker 1: is twenty nine years old. He get sworn in next 1447 01:17:39,439 --> 01:17:42,160 Speaker 1: to our hospital bed. Who is there to sort of 1448 01:17:42,200 --> 01:17:45,160 Speaker 1: like watch the family keep things together and make this 1449 01:17:45,200 --> 01:17:48,040 Speaker 1: all work as he's going to watch Washington to serve 1450 01:17:48,040 --> 01:17:50,439 Speaker 1: as a United States Senator. So it really is a 1451 01:17:50,479 --> 01:17:54,559 Speaker 1: team effort. Starting with the first Senate campaign in nineteen 1452 01:17:54,560 --> 01:17:57,120 Speaker 1: seventy two, it's run by his family members. Vows the 1453 01:17:57,120 --> 01:18:01,439 Speaker 1: campaign manager, his brother Jimmy, one of his younger brothers, 1454 01:18:01,520 --> 01:18:06,679 Speaker 1: heads up fundraising. And so when Neelia and Amy die, 1455 01:18:06,760 --> 01:18:09,680 Speaker 1: his wife and baby daughter again, it's Valin Jimmy who 1456 01:18:09,680 --> 01:18:11,800 Speaker 1: really step up. They move in with the family and 1457 01:18:11,840 --> 01:18:14,599 Speaker 1: they essentially raise Bowen Hunter while Joe Biden is off 1458 01:18:14,640 --> 01:18:17,479 Speaker 1: being a Senator. And that is really the story of 1459 01:18:17,560 --> 01:18:20,960 Speaker 1: the family from beginning to end. They do everything as 1460 01:18:21,000 --> 01:18:24,200 Speaker 1: a family. It really is a team. It's really interesting, 1461 01:18:24,240 --> 01:18:27,400 Speaker 1: you know, pointing to that, and James Biden seems to 1462 01:18:27,520 --> 01:18:29,720 Speaker 1: escape a lot of scrutiny. The only reason I even 1463 01:18:29,720 --> 01:18:32,680 Speaker 1: know anything about him is through your early work at Politico, 1464 01:18:33,160 --> 01:18:35,680 Speaker 1: reading some of the pitch decks and things. He was, 1465 01:18:36,000 --> 01:18:39,439 Speaker 1: let's just say, not shy whatsoever at peddling his he's 1466 01:18:39,479 --> 01:18:42,439 Speaker 1: like my brother the vice president soon to be president. 1467 01:18:42,640 --> 01:18:44,719 Speaker 1: That's why we should probably make a deal on healthcare 1468 01:18:44,840 --> 01:18:48,160 Speaker 1: or whatever. How exactly did that come about? I mean, 1469 01:18:48,280 --> 01:18:52,360 Speaker 1: is this a facet of Biden's long career in the Senate. Obviously, 1470 01:18:52,400 --> 01:18:56,000 Speaker 1: these behaviors become learned in a way. Yeah, that's a 1471 01:18:56,000 --> 01:18:57,920 Speaker 1: big theme of the book, actually, which is that this 1472 01:18:58,000 --> 01:19:00,840 Speaker 1: is a family that does not come from money. They 1473 01:19:00,840 --> 01:19:04,160 Speaker 1: did not come from any sort of well connected background. 1474 01:19:05,200 --> 01:19:07,360 Speaker 1: They don't have you know, they don't have a lot 1475 01:19:07,360 --> 01:19:09,960 Speaker 1: of advantages in this world until all of a sudden, 1476 01:19:10,000 --> 01:19:14,160 Speaker 1: they get their brother, their son, their husband elected United 1477 01:19:14,160 --> 01:19:15,960 Speaker 1: States Senator at the age of twenty nine and the 1478 01:19:15,960 --> 01:19:18,840 Speaker 1: biggest upset of nineteen seventy two, and all of a sudden, 1479 01:19:18,920 --> 01:19:20,559 Speaker 1: you know, that's sort of the golden ticket. They're on 1480 01:19:20,600 --> 01:19:24,280 Speaker 1: the inside of the American system, and they learn over 1481 01:19:24,320 --> 01:19:27,040 Speaker 1: the years, you know, what the advantages of that can be. 1482 01:19:27,960 --> 01:19:31,160 Speaker 1: And Jimmy who starts he learns the ropes of politics 1483 01:19:31,200 --> 01:19:33,320 Speaker 1: as a twenty three year old. He's coming up to Washington, 1484 01:19:33,400 --> 01:19:36,599 Speaker 1: d C. He's talking to union bosses, other interests, trying 1485 01:19:36,600 --> 01:19:38,920 Speaker 1: to get them interested in his kid brother, and so 1486 01:19:39,040 --> 01:19:42,680 Speaker 1: he understands the intersection of money in politics better than 1487 01:19:42,720 --> 01:19:44,519 Speaker 1: probably any other twenty three year old in the United 1488 01:19:44,560 --> 01:19:47,519 Speaker 1: States at that point, and the trajectory of his business 1489 01:19:47,520 --> 01:19:52,840 Speaker 1: career from there basically illustrates the ways in which his 1490 01:19:52,960 --> 01:19:57,920 Speaker 1: connections to Washington, his influence, his highest influential people, can 1491 01:19:57,960 --> 01:20:01,639 Speaker 1: be helpful to a business career and can potentially land 1492 01:20:01,680 --> 01:20:04,160 Speaker 1: his brother in hot water or at least create some 1493 01:20:04,280 --> 01:20:06,800 Speaker 1: unseemly appearances in some of these dealings over the years. 1494 01:20:07,520 --> 01:20:12,320 Speaker 1: My experience with your reporting is that you really, you know, 1495 01:20:12,400 --> 01:20:15,240 Speaker 1: take a pretty fair and critical lens, no matter what 1496 01:20:15,400 --> 01:20:17,880 Speaker 1: the party, whether it's someone who's in favor of the 1497 01:20:17,880 --> 01:20:19,960 Speaker 1: mainstream media or not in favor with the mainstream media, 1498 01:20:19,960 --> 01:20:21,519 Speaker 1: which is part of why, you know, we really wanted 1499 01:20:21,520 --> 01:20:23,960 Speaker 1: to have you on and talk about this book. Is 1500 01:20:24,000 --> 01:20:29,879 Speaker 1: it your sense covering Washington that the Bidens are unique 1501 01:20:29,960 --> 01:20:33,280 Speaker 1: in the level of sort of trading access and favors 1502 01:20:33,280 --> 01:20:35,719 Speaker 1: and trading on the family name, or do you think 1503 01:20:35,760 --> 01:20:39,200 Speaker 1: that they're firmly in the mainstream of basically how this 1504 01:20:39,280 --> 01:20:43,599 Speaker 1: town operates. You know, I haven't gone as deep on 1505 01:20:44,080 --> 01:20:46,880 Speaker 1: every other political family in Washington as I have on 1506 01:20:46,920 --> 01:20:51,240 Speaker 1: the Bidens. I would say that they're probably emblematic of, 1507 01:20:52,400 --> 01:20:54,559 Speaker 1: you know, the Washington establishment, people who have been in 1508 01:20:54,600 --> 01:20:57,960 Speaker 1: power for a long time, who understand that there are 1509 01:20:58,000 --> 01:21:02,960 Speaker 1: advantages to proximity of power, proximity to power, people who 1510 01:21:03,240 --> 01:21:06,519 Speaker 1: you know, have not landed themselves in an incredible amount 1511 01:21:06,520 --> 01:21:10,200 Speaker 1: of hot water. But there are often, you know, questions 1512 01:21:10,200 --> 01:21:12,840 Speaker 1: of propriety raised by some of these dealings. Just look 1513 01:21:12,880 --> 01:21:16,760 Speaker 1: at you know, Hunter Biden's work for Barrisma. Yeah, and 1514 01:21:16,800 --> 01:21:18,400 Speaker 1: so I think that, you know, in a in a 1515 01:21:18,439 --> 01:21:21,760 Speaker 1: different election against a different opponent, someone else might have 1516 01:21:21,800 --> 01:21:24,960 Speaker 1: really successfully painted them as symbols of the Washington establishment 1517 01:21:25,439 --> 01:21:29,000 Speaker 1: in a negative way. Trump ultimately didn't succeed in doing that, 1518 01:21:29,360 --> 01:21:32,160 Speaker 1: but it's possible that this is something that that rears 1519 01:21:32,160 --> 01:21:34,080 Speaker 1: its head again if Joe Biden runs again. You know, 1520 01:21:34,320 --> 01:21:37,680 Speaker 1: I'm interested. Hunter always comes across in your work as 1521 01:21:37,800 --> 01:21:40,640 Speaker 1: just this extremely tragic figure, and I mean he is 1522 01:21:40,840 --> 01:21:44,080 Speaker 1: right in terms of the way he's raised. Obviously, you know, 1523 01:21:44,200 --> 01:21:46,840 Speaker 1: Joe favored Bo his brother, who was you know, kind 1524 01:21:46,840 --> 01:21:50,960 Speaker 1: of groomed and meant to be this next big political figure, 1525 01:21:50,960 --> 01:21:53,639 Speaker 1: and he's the one that's left survival guilt all of that. 1526 01:21:54,200 --> 01:21:59,679 Speaker 1: What exactly you know, typifies like his behavior throughout Biden's career. 1527 01:21:59,680 --> 01:22:03,479 Speaker 1: He just seems like this wild card and Biden very 1528 01:22:03,520 --> 01:22:06,639 Speaker 1: strangely because he conceives of himself I can tell as 1529 01:22:06,760 --> 01:22:11,040 Speaker 1: stand up guy. How does he look at the barisma, 1530 01:22:11,560 --> 01:22:16,799 Speaker 1: I mean Amtrak, I mean credit card lobbying, the art sales. 1531 01:22:17,000 --> 01:22:20,120 Speaker 1: How does he justify that in his head? His treatment 1532 01:22:20,160 --> 01:22:22,439 Speaker 1: of his son, Is it just like a sympathy thing, like, 1533 01:22:22,439 --> 01:22:25,320 Speaker 1: how does he square that with the square Scranton person 1534 01:22:25,320 --> 01:22:28,320 Speaker 1: that he conceives of himself of. One of the themes 1535 01:22:28,360 --> 01:22:31,559 Speaker 1: that I see really really early on it's going back 1536 01:22:31,600 --> 01:22:35,120 Speaker 1: to the beginning of Joe's childhood, is that his parents 1537 01:22:35,160 --> 01:22:39,640 Speaker 1: impress upon him and his siblings that inside this household 1538 01:22:39,960 --> 01:22:42,679 Speaker 1: you can fight with each other as much as you want. 1539 01:22:42,960 --> 01:22:45,880 Speaker 1: Outside of this household, you are Biden's and you are 1540 01:22:45,920 --> 01:22:48,360 Speaker 1: sticking together, and you will never speak ill of each 1541 01:22:48,400 --> 01:22:50,840 Speaker 1: other outside of this household. And there's a story from 1542 01:22:50,880 --> 01:22:53,240 Speaker 1: Joe's childhood. He's something like a hall monitor on the 1543 01:22:53,280 --> 01:22:56,439 Speaker 1: school bus and valdes something she's not supposed to do, 1544 01:22:56,520 --> 01:22:59,280 Speaker 1: and he has this dilemma and he goes to his sister, Yes, 1545 01:22:59,400 --> 01:23:03,439 Speaker 1: excuse me, sister about val And and Joe Biden goes 1546 01:23:03,479 --> 01:23:05,599 Speaker 1: to his father and says, I have this dilemma. You know, 1547 01:23:05,800 --> 01:23:08,320 Speaker 1: val was I forget what it was, you know, queuing 1548 01:23:08,320 --> 01:23:11,439 Speaker 1: gum on the boss or whatever. I was told that 1549 01:23:11,520 --> 01:23:13,679 Speaker 1: I have to I have to monitor this and report 1550 01:23:13,720 --> 01:23:16,519 Speaker 1: it to the nuns. Uh. And his father says, well, Son, 1551 01:23:16,560 --> 01:23:18,080 Speaker 1: I guess you're gonna have to turn in that badge. 1552 01:23:18,120 --> 01:23:21,559 Speaker 1: And Joe Biden is no longer a home monitor after that. Wow. 1553 01:23:21,760 --> 01:23:24,400 Speaker 1: And I think that that is sort of emblematic of 1554 01:23:24,479 --> 01:23:28,599 Speaker 1: the dilemma where Hunter Biden uh does something that does 1555 01:23:28,640 --> 01:23:32,160 Speaker 1: not look good, like take this position with Barisma, Uh, 1556 01:23:32,479 --> 01:23:35,400 Speaker 1: start selling paintings for up to half a million dollars 1557 01:23:35,479 --> 01:23:40,200 Speaker 1: at Peace Talented right, Yeah, or engages in, you know, 1558 01:23:40,240 --> 01:23:42,880 Speaker 1: in a relationship with Bo's widow and asks his father, 1559 01:23:43,000 --> 01:23:45,480 Speaker 1: will you please go on the record blessing this relationship? 1560 01:23:45,760 --> 01:23:48,599 Speaker 1: And his father does it. And so there's just sort 1561 01:23:48,600 --> 01:23:50,559 Speaker 1: of no world in which Joe Biden is going to 1562 01:23:50,560 --> 01:23:53,840 Speaker 1: publicly say yes, I acknowledge that there are things that 1563 01:23:54,560 --> 01:23:57,720 Speaker 1: are or appear to be ontoured about anything that any 1564 01:23:57,760 --> 01:24:01,000 Speaker 1: of his relatives do. Interesting. I'm going to take a 1565 01:24:01,040 --> 01:24:03,920 Speaker 1: wild guest that you've probably gotten a bunch of Fox 1566 01:24:04,000 --> 01:24:08,000 Speaker 1: News requests for appearances and probably have not gotten a 1567 01:24:08,000 --> 01:24:13,360 Speaker 1: lot of MSNBC or CNN requests for appearances to speak 1568 01:24:13,400 --> 01:24:16,160 Speaker 1: to that piece of this, because again, I you know, 1569 01:24:16,240 --> 01:24:18,960 Speaker 1: my experience with your reporting is your you're truly fair. 1570 01:24:19,160 --> 01:24:22,040 Speaker 1: You know, you follow the facts where they lead. Obviously, 1571 01:24:22,400 --> 01:24:25,280 Speaker 1: this guy's in the White House, like val is still 1572 01:24:25,280 --> 01:24:29,360 Speaker 1: incredibly important as a political advisor within his circle. I 1573 01:24:29,400 --> 01:24:31,920 Speaker 1: know she's one of the people that he really listens to. 1574 01:24:32,360 --> 01:24:35,080 Speaker 1: There's a small cadre of them that you know, always 1575 01:24:35,080 --> 01:24:40,439 Speaker 1: have his ear. Does is it sort of Is it 1576 01:24:40,479 --> 01:24:44,040 Speaker 1: just depressing to you or disappointing to you that there 1577 01:24:44,040 --> 01:24:48,559 Speaker 1: seems to be selective interest in digging into some of 1578 01:24:48,600 --> 01:24:53,800 Speaker 1: the you know, less favorable aspects of Joe Biden's rise. Well, 1579 01:24:53,840 --> 01:24:55,400 Speaker 1: what I what I will say is that it's been 1580 01:24:55,479 --> 01:24:59,320 Speaker 1: very encouraging to me that my editors at Politico have said, 1581 01:24:59,320 --> 01:25:01,840 Speaker 1: you know, report with out fear or fit, whether it's 1582 01:25:01,920 --> 01:25:04,519 Speaker 1: whether it's Donald Trump or Joe Biden or anybody else, 1583 01:25:05,200 --> 01:25:08,639 Speaker 1: that's you know, consistently been the marching orders. And that's 1584 01:25:08,640 --> 01:25:10,439 Speaker 1: what that's what the work shows, that's what the output 1585 01:25:10,439 --> 01:25:13,599 Speaker 1: of political shows. You know, we're still we're still pitching 1586 01:25:13,600 --> 01:25:15,840 Speaker 1: all sorts of networks and outlets that we hope will 1587 01:25:15,880 --> 01:25:18,640 Speaker 1: be interested in this, okay, And I do think it 1588 01:25:18,680 --> 01:25:20,920 Speaker 1: is important to pay attention to these business dealings and 1589 01:25:20,960 --> 01:25:23,920 Speaker 1: the financial dealings of the Bidens. We've just emerged from 1590 01:25:23,920 --> 01:25:26,240 Speaker 1: the Trump era. It was a wash in ethics, scandals, 1591 01:25:26,320 --> 01:25:30,040 Speaker 1: questions about family members of the president and their business 1592 01:25:30,080 --> 01:25:33,599 Speaker 1: dealings and how they intersected with his official powers. It's 1593 01:25:33,600 --> 01:25:35,640 Speaker 1: a separate set of questions. It's you know, it's not 1594 01:25:35,680 --> 01:25:38,960 Speaker 1: apples to apples, but uh, these issues arise again and 1595 01:25:39,000 --> 01:25:41,800 Speaker 1: again over the course of Joe Biden's public life, and 1596 01:25:41,840 --> 01:25:45,240 Speaker 1: it's important that that, you know, any any outlet that's 1597 01:25:45,360 --> 01:25:49,080 Speaker 1: job is to scrutinize the presidency be doing that. And 1598 01:25:49,120 --> 01:25:50,719 Speaker 1: I will say that that I think with this Hunter 1599 01:25:50,800 --> 01:25:54,639 Speaker 1: Biden Hunter Biden painting venture, you have seen pretty widespread 1600 01:25:54,680 --> 01:25:56,439 Speaker 1: coverage of it, and I think it's in negative of 1601 01:25:56,479 --> 01:25:59,639 Speaker 1: the fact that people you know, understand that this is important. 1602 01:25:59,800 --> 01:26:02,080 Speaker 1: It's a little too on the nose the painting, right, Yes, 1603 01:26:03,720 --> 01:26:06,240 Speaker 1: a bit much. Do you have any place particularly want 1604 01:26:06,280 --> 01:26:08,400 Speaker 1: people to go find the book? You and everything? So, 1605 01:26:08,640 --> 01:26:10,160 Speaker 1: do you have a place you would like whatever your 1606 01:26:10,160 --> 01:26:13,040 Speaker 1: favorite bookstore? Is it's on Amazon, It's it's hopefully everywhere 1607 01:26:13,080 --> 01:26:14,840 Speaker 1: you can. You can get the e book version all 1608 01:26:14,880 --> 01:26:17,080 Speaker 1: over the place. Awesome. Yeah, and where can they find 1609 01:26:17,120 --> 01:26:20,160 Speaker 1: you your work? You can go on Twitter at Shrek Reports. 1610 01:26:20,200 --> 01:26:25,040 Speaker 1: Good luck spelling that, Srik Reports. Okay, yeah, well we'll 1611 01:26:25,040 --> 01:26:26,880 Speaker 1: have links down there in the description to all of that. 1612 01:26:26,960 --> 01:26:28,720 Speaker 1: Ben just want to say, like one of the few 1613 01:26:28,720 --> 01:26:31,320 Speaker 1: people who really chases after it, no matter the consequences. 1614 01:26:31,360 --> 01:26:33,920 Speaker 1: So real, props to you. I hope everyday goes and 1615 01:26:33,960 --> 01:26:36,679 Speaker 1: buys the book and you're real what are the journalists 1616 01:26:36,680 --> 01:26:38,400 Speaker 1: in this town really should be so thank you. Yeah, 1617 01:26:38,479 --> 01:26:40,639 Speaker 1: congrats on the book. Thanks so much. I'm so glad 1618 01:26:40,680 --> 01:26:43,280 Speaker 1: you guys had me on absolutely, sir, Thank you guys 1619 01:26:43,280 --> 01:26:45,160 Speaker 1: so much for watching. We really appreciate it. I hope 1620 01:26:45,200 --> 01:26:47,760 Speaker 1: you guys enjoy the interview. And look, we've been trying 1621 01:26:47,760 --> 01:26:50,360 Speaker 1: to draw as much visibility to this as possible. Covering 1622 01:26:50,400 --> 01:26:54,400 Speaker 1: the news here apparently has consequences. Our stuff gets demonetized 1623 01:26:54,600 --> 01:26:57,439 Speaker 1: by YouTube all the time. The latest example was we 1624 01:26:57,479 --> 01:27:02,479 Speaker 1: covered that Roe versus Wade segment again, I mean Supreme 1625 01:27:02,520 --> 01:27:06,120 Speaker 1: Court breaking down the pology, a major news story across 1626 01:27:06,160 --> 01:27:10,120 Speaker 1: the country, and it was demonetized for the entire time 1627 01:27:10,160 --> 01:27:12,840 Speaker 1: that was basically live until like twenty four hours or 1628 01:27:12,920 --> 01:27:15,599 Speaker 1: something later, at which point you're not eligible to like 1629 01:27:15,800 --> 01:27:19,320 Speaker 1: you don't make like back wages, right, So it's like, 1630 01:27:19,360 --> 01:27:21,639 Speaker 1: what's the point, you know, I mean, all we're trying 1631 01:27:21,640 --> 01:27:24,200 Speaker 1: to point to is that the only way. And again, 1632 01:27:24,320 --> 01:27:26,920 Speaker 1: it will not impact our coverage. I guarantee you one 1633 01:27:26,960 --> 01:27:28,920 Speaker 1: of the segments today will likely be done, maybe the 1634 01:27:28,960 --> 01:27:31,680 Speaker 1: Gabby to Potito one. It wouldn't surprise me if the 1635 01:27:31,720 --> 01:27:34,599 Speaker 1: Hunter Biden one does as well. But here's the thing. 1636 01:27:34,680 --> 01:27:36,760 Speaker 1: We rely on you guys to make sure that we 1637 01:27:36,800 --> 01:27:40,200 Speaker 1: do not care whatsoever about YouTube revenue. If it's going 1638 01:27:40,280 --> 01:27:41,960 Speaker 1: to swing down as much as it has this month, 1639 01:27:42,600 --> 01:27:44,880 Speaker 1: so be it, because we don't rely on that to 1640 01:27:44,920 --> 01:27:46,559 Speaker 1: pay our bills, and if we did, we wouldn't be 1641 01:27:46,560 --> 01:27:49,639 Speaker 1: able to. So yeah, premium link down there description Obviously 1642 01:27:49,680 --> 01:27:52,280 Speaker 1: we offer benefits, but really this is just about bringing 1643 01:27:52,280 --> 01:27:54,439 Speaker 1: you the news exactly the way that we think it's 1644 01:27:54,439 --> 01:27:57,439 Speaker 1: important to do. One hundred percent. Thanks for backing us up, guys. 1645 01:27:58,080 --> 01:28:00,800 Speaker 1: It means everything. It allows us to do this and 1646 01:28:00,960 --> 01:28:04,280 Speaker 1: just to really cover what we think matters and is 1647 01:28:04,320 --> 01:28:07,120 Speaker 1: going to be important and relevant. For you. A little 1648 01:28:07,160 --> 01:28:09,840 Speaker 1: programming note. Next week, the schedule is going to be 1649 01:28:10,080 --> 01:28:13,840 Speaker 1: slightly different. Normally we're Monday, Tuesday Thursday. Next week it's 1650 01:28:13,880 --> 01:28:16,280 Speaker 1: going to be Monday Wednesday Thursday. There's a conflict here 1651 01:28:16,320 --> 01:28:19,280 Speaker 1: at the studio, no big deal, but so Monday Wednesday Thursday. 1652 01:28:19,560 --> 01:28:21,160 Speaker 1: Also over the weekend, we're going to be putting out 1653 01:28:21,200 --> 01:28:23,320 Speaker 1: the mini show of the weekend content, so look for 1654 01:28:23,320 --> 01:28:26,599 Speaker 1: that on podcast. Also, those videos will be posting over 1655 01:28:26,680 --> 01:28:30,000 Speaker 1: the weekend. And one other little thing, I'll do a 1656 01:28:30,040 --> 01:28:34,200 Speaker 1: little teas here. Got a little new partnership that we're 1657 01:28:34,200 --> 01:28:36,880 Speaker 1: going to be able to announce next week that we're 1658 01:28:36,920 --> 01:28:39,160 Speaker 1: excited about. I think you guys will be excited about 1659 01:28:39,160 --> 01:28:41,599 Speaker 1: it too, so stay tuned for that as well. Love 1660 01:28:41,600 --> 01:28:44,000 Speaker 1: you guys, Stay safe this weekend, enjoy yourselves, and we'll 1661 01:28:44,000 --> 01:29:00,000 Speaker 1: see you back here next week. See you Monday. Thanks 1662 01:29:00,000 --> 01:29:02,000 Speaker 1: we're listening to the show, guys, we really appreciate it. 1663 01:29:02,000 --> 01:29:04,040 Speaker 1: To help other people find the show, go ahead and 1664 01:29:04,080 --> 01:29:06,920 Speaker 1: leave us a five star rating on Apple Podcasts or 1665 01:29:06,960 --> 01:29:10,160 Speaker 1: wherever you get your podcasts. Really helps other people find 1666 01:29:10,280 --> 01:29:13,800 Speaker 1: the show. As always special. Thank you to Supercast for 1667 01:29:13,920 --> 01:29:16,800 Speaker 1: powering our premium membership. If you want to find out more, 1668 01:29:16,920 --> 01:29:19,120 Speaker 1: go to crystalansager dot com.