1 00:00:00,640 --> 00:00:04,160 Speaker 1: Hi, I'm Molly John Fast and this is Fast Politics, 2 00:00:04,360 --> 00:00:07,120 Speaker 1: where we discussed the top political headlines with some of 3 00:00:07,160 --> 00:00:10,520 Speaker 1: today's best minds, and we have such a great show 4 00:00:10,600 --> 00:00:14,680 Speaker 1: for you today. Think like an economist. Justin Wolfers joins 5 00:00:14,800 --> 00:00:18,959 Speaker 1: us to talk about the good, bad, and very bad 6 00:00:19,079 --> 00:00:23,520 Speaker 1: economic vibes coming from the Trump White House. Then we'll 7 00:00:23,520 --> 00:00:28,760 Speaker 1: talk to MS now's own Jacob Sober about his fabulous 8 00:00:28,800 --> 00:00:33,559 Speaker 1: new book Firestorm, the great Los Angeles Fires, and America's 9 00:00:33,640 --> 00:00:37,360 Speaker 1: new age of disaster. But first the news Somalie. 10 00:00:37,360 --> 00:00:42,720 Speaker 2: We thankfully taped our episode before the horrific shooting in 11 00:00:42,800 --> 00:00:46,919 Speaker 2: Minneapolis the other day. I can't think of how long 12 00:00:46,960 --> 00:00:49,520 Speaker 2: it's been since I've been that angry. As we're seeing 13 00:00:49,560 --> 00:00:52,879 Speaker 2: here is Mega will never have any shame about what 14 00:00:52,920 --> 00:00:56,400 Speaker 2: they will turn into a culture war and a message 15 00:00:56,400 --> 00:00:59,320 Speaker 2: to their base that if you do horrible things, they 16 00:00:59,320 --> 00:00:59,880 Speaker 2: will stand by. 17 00:01:00,480 --> 00:01:03,160 Speaker 1: So I want to talk about a few things in 18 00:01:03,200 --> 00:01:07,960 Speaker 1: this story. One is that the police, or ice or 19 00:01:08,040 --> 00:01:11,320 Speaker 1: any law enforcement does not have the right to kill you, 20 00:01:11,560 --> 00:01:14,479 Speaker 1: even if you do bad stuff. They do not have 21 00:01:14,560 --> 00:01:17,000 Speaker 1: the right. We still have due process in this country, 22 00:01:17,319 --> 00:01:21,279 Speaker 1: you have bodily autonomy. You cannot kill people even if 23 00:01:21,480 --> 00:01:24,600 Speaker 1: you don't like them, even if they are a quote 24 00:01:24,680 --> 00:01:28,760 Speaker 1: unquote leftist, as the New York Post said yesterday. But 25 00:01:29,200 --> 00:01:32,240 Speaker 1: that said, I think the worst part of this story. 26 00:01:32,280 --> 00:01:37,640 Speaker 1: And look, not all victims of police violence are beautiful, 27 00:01:38,720 --> 00:01:44,080 Speaker 1: red haired Christian women who have six year old children 28 00:01:44,160 --> 00:01:48,440 Speaker 1: who they've just dropped off at school and a glove 29 00:01:48,520 --> 00:01:53,960 Speaker 1: compartment filled with stuffed animals. Most victims of police violence 30 00:01:54,280 --> 00:01:59,080 Speaker 1: don't necessarily look like that. But Magilworld has stumbled into 31 00:01:59,360 --> 00:02:03,240 Speaker 1: a hornet's nest, and they are just keep they just 32 00:02:03,400 --> 00:02:07,160 Speaker 1: keep kicking at the hornets. Here is a woman who 33 00:02:07,240 --> 00:02:10,720 Speaker 1: is every woman in Minnesota, right. She looks like everyone 34 00:02:10,760 --> 00:02:14,000 Speaker 1: in Minnesota. She acts like much of Minnesota. You know, 35 00:02:14,120 --> 00:02:18,760 Speaker 1: a lot of times Trump World will somehow imply that 36 00:02:19,080 --> 00:02:23,680 Speaker 1: a victim of police violence is a criminal or deserves 37 00:02:23,720 --> 00:02:26,600 Speaker 1: this because they were maybe a drug addict, or maybe 38 00:02:26,639 --> 00:02:29,120 Speaker 1: you know, we're involved, or maybe held a weapon. This 39 00:02:29,280 --> 00:02:32,120 Speaker 1: is a woman who had just dropped off her six 40 00:02:32,200 --> 00:02:35,000 Speaker 1: year old at school. So with that, there have been 41 00:02:35,120 --> 00:02:37,160 Speaker 1: videos that we have seen of her trying to make 42 00:02:37,160 --> 00:02:39,720 Speaker 1: a three point turn while the ice agents jumped in 43 00:02:39,720 --> 00:02:42,400 Speaker 1: front of her and shot her three times point blank. 44 00:02:42,840 --> 00:02:46,640 Speaker 1: Now there is a new video which has audio. So 45 00:02:47,040 --> 00:02:52,239 Speaker 1: Renee Nicole Good says that's fine, dude, I'm not mad 46 00:02:52,280 --> 00:02:55,600 Speaker 1: at you, and the ICE agent shoots her three times 47 00:02:55,600 --> 00:02:59,560 Speaker 1: in the face and says, fucking bitch, we all rage. 48 00:02:59,400 --> 00:03:01,160 Speaker 2: Al hawk activities right there. 49 00:03:01,240 --> 00:03:03,920 Speaker 1: But also, you can't shoot people in the face you 50 00:03:04,040 --> 00:03:07,080 Speaker 1: can't like, even if you don't like them, even if 51 00:03:07,240 --> 00:03:10,120 Speaker 1: they make you upset, you can't shoot people in the face. 52 00:03:10,240 --> 00:03:14,400 Speaker 1: And then, by the way, after she's shot in the 53 00:03:14,480 --> 00:03:17,360 Speaker 1: face three times, a thirty seven year old woman with 54 00:03:17,400 --> 00:03:20,760 Speaker 1: a six year old child, she is then denied medical care. 55 00:03:20,800 --> 00:03:24,120 Speaker 1: There is a doctor who comes and tries to treat her, 56 00:03:24,160 --> 00:03:28,240 Speaker 1: and ICE says no. So not only is this like murder, 57 00:03:28,720 --> 00:03:33,359 Speaker 1: but it's some kind of terrifying where they keep her hostage, 58 00:03:33,400 --> 00:03:37,280 Speaker 1: and instead of acting the way normal government might, which 59 00:03:37,320 --> 00:03:39,920 Speaker 1: is to say we have to investigate this, we can't 60 00:03:39,960 --> 00:03:44,880 Speaker 1: comment until it's investigated, they without any investigations, say, you know, 61 00:03:45,320 --> 00:03:48,000 Speaker 1: this is not how any of this looks. She was 62 00:03:48,040 --> 00:03:49,800 Speaker 1: an activist, she was this, and. 63 00:03:49,760 --> 00:03:53,200 Speaker 2: Then moleftists movement right radical leftist movement. 64 00:03:53,000 --> 00:03:56,520 Speaker 1: And they malign her. And then they say the FBI 65 00:03:56,680 --> 00:03:58,520 Speaker 1: is going to do the investigation and they won't let 66 00:03:58,720 --> 00:04:01,760 Speaker 1: Minnesota do the investigation. This is not a federal government 67 00:04:01,800 --> 00:04:04,800 Speaker 1: that any state wants involved in their state. And this 68 00:04:04,880 --> 00:04:07,440 Speaker 1: is where you're going to see a breakdown of federalism. 69 00:04:07,560 --> 00:04:11,360 Speaker 1: And I can't tell you how scary it is to 70 00:04:11,520 --> 00:04:14,760 Speaker 1: have a federal government that we pay taxes to and 71 00:04:14,920 --> 00:04:18,880 Speaker 1: they come in and do insanity to us. Right, Minnesota 72 00:04:19,040 --> 00:04:22,800 Speaker 1: was just minding their business and Ice and Border Patrol 73 00:04:22,960 --> 00:04:26,760 Speaker 1: came in, killed one woman, shot two other people yesterday 74 00:04:27,160 --> 00:04:31,200 Speaker 1: and now won't let the local authorities investigate because they 75 00:04:31,279 --> 00:04:34,120 Speaker 1: want what do they want? They want to have their 76 00:04:34,160 --> 00:04:37,599 Speaker 1: own people do the kind of investigation you see in 77 00:04:37,600 --> 00:04:40,960 Speaker 1: a Banana Republic. I cannot express to you just the 78 00:04:41,160 --> 00:04:44,360 Speaker 1: level of corruption. And by the way, two other things. 79 00:04:44,480 --> 00:04:47,280 Speaker 1: The reason you know that Trump world knows this is 80 00:04:47,320 --> 00:04:49,840 Speaker 1: a loser and knows that this is going to fuck 81 00:04:49,880 --> 00:04:51,320 Speaker 1: them and by the way, good. 82 00:04:51,160 --> 00:04:53,160 Speaker 2: God, yeah they fucking got But. 83 00:04:53,279 --> 00:04:55,240 Speaker 1: The reason why they know this the problem is because 84 00:04:55,279 --> 00:04:58,320 Speaker 1: you don't see Donald Trump out there right dancing and 85 00:04:58,520 --> 00:05:01,880 Speaker 1: being jubilant. You see Jade Vance. And Donald Trump is 86 00:05:01,920 --> 00:05:03,960 Speaker 1: more than happy to let Jade Vance be the face 87 00:05:03,960 --> 00:05:04,440 Speaker 1: of failure. 88 00:05:04,600 --> 00:05:06,760 Speaker 2: It is true, he's going the full bided Kabbola and 89 00:05:06,839 --> 00:05:09,760 Speaker 2: just letting JD do all the unpopular fish. What I 90 00:05:09,800 --> 00:05:13,200 Speaker 2: think though, is great. Hats off to Congressman Jared Moskowitz 91 00:05:13,279 --> 00:05:16,400 Speaker 2: is he did a profound performance of the Congressional for yesterday, 92 00:05:16,440 --> 00:05:18,560 Speaker 2: bringing the attention to something we need to do, which 93 00:05:18,600 --> 00:05:20,800 Speaker 2: is it's time for Ice Barbie Christi Noman to go, 94 00:05:21,120 --> 00:05:23,760 Speaker 2: and many Democrats seem to be calling for this. Though 95 00:05:23,880 --> 00:05:26,039 Speaker 2: I wish someone in the leadership were a little more 96 00:05:26,080 --> 00:05:28,479 Speaker 2: stern with it, but that's a different story for a 97 00:05:28,480 --> 00:05:29,080 Speaker 2: different time. 98 00:05:29,360 --> 00:05:32,599 Speaker 1: She should be impeached. I think that she should go. 99 00:05:32,920 --> 00:05:36,080 Speaker 1: I think that Trump world, unless you hold these people accountable, 100 00:05:36,120 --> 00:05:39,440 Speaker 1: they will not do anything. Two good things happening the 101 00:05:39,560 --> 00:05:43,799 Speaker 1: Democratic leadership has done that has been good War Powers Act. 102 00:05:44,080 --> 00:05:48,960 Speaker 1: Five Republicans voted with Democrats in the Senate on this 103 00:05:49,040 --> 00:05:52,000 Speaker 1: War Powers Act, trying to prevent Donald Trump from doing 104 00:05:52,040 --> 00:05:55,760 Speaker 1: any more stuff in Venezuela. My strongest guess is that 105 00:05:55,800 --> 00:05:58,400 Speaker 1: Donald Trump has completely lost interest in Venezuela and we 106 00:05:58,440 --> 00:06:01,719 Speaker 1: won't hear from it again. Probably not great for Venezuelans. 107 00:06:01,920 --> 00:06:04,760 Speaker 1: And then the other thing that they did, which I 108 00:06:04,800 --> 00:06:08,080 Speaker 1: think is good, is that we had Leader Jeffries get 109 00:06:08,120 --> 00:06:12,520 Speaker 1: this Obamacare tax credit. This expansion for three more years, 110 00:06:12,760 --> 00:06:17,200 Speaker 1: and that has been seventeen Republicans voted for that. So look, 111 00:06:17,400 --> 00:06:20,360 Speaker 1: that now goes to the Senate, and there's a world 112 00:06:20,520 --> 00:06:23,360 Speaker 1: like just like with the Epstein files, which by the way, 113 00:06:23,400 --> 00:06:26,839 Speaker 1: this DJ has not released to release one percent of 114 00:06:26,880 --> 00:06:30,400 Speaker 1: the Epstein files. It is still pretty good to see 115 00:06:30,440 --> 00:06:33,760 Speaker 1: some of these Republicans breaking with Trump. Obviously not what 116 00:06:33,800 --> 00:06:35,200 Speaker 1: we need, but still good. 117 00:06:35,600 --> 00:06:38,120 Speaker 2: So, speaking of the Epstein files, Molly, I think this 118 00:06:38,560 --> 00:06:42,719 Speaker 2: maneuver by Congressman Rocanna and Tom Massey never would have 119 00:06:42,760 --> 00:06:45,360 Speaker 2: seen us seeing Thomas Massey doing good things a year ago. 120 00:06:45,480 --> 00:06:47,560 Speaker 2: They're going to try to get a judge to oversee 121 00:06:47,560 --> 00:06:50,440 Speaker 2: the release of the Epstein files so that Pam Bondi 122 00:06:50,480 --> 00:06:53,080 Speaker 2: could stop obstructing and protecting the pedophile cabal. 123 00:06:53,440 --> 00:06:57,080 Speaker 1: Yeah, they want a special Master. Rocanna has been really 124 00:06:57,400 --> 00:07:00,880 Speaker 1: great on this and this is a really small We 125 00:07:00,960 --> 00:07:04,000 Speaker 1: know that there's a reporting that says only one percent 126 00:07:04,080 --> 00:07:07,640 Speaker 1: of the Epstein file stuff has been released. That is 127 00:07:08,120 --> 00:07:15,520 Speaker 1: absolutely insane. I am just super horrified by that. I think, 128 00:07:15,880 --> 00:07:19,680 Speaker 1: as far as I can tell, that there is a 129 00:07:19,760 --> 00:07:23,240 Speaker 1: real appetite for releasing of the Epstein files, and I 130 00:07:23,360 --> 00:07:26,120 Speaker 1: think that Donald Trump is doing everything he can to 131 00:07:26,240 --> 00:07:32,000 Speaker 1: obfuscate and try to not let people see them, not 132 00:07:32,200 --> 00:07:35,400 Speaker 1: have the DOJ release them, and so having a special 133 00:07:35,480 --> 00:07:39,200 Speaker 1: master would be really great. So I think that this 134 00:07:39,280 --> 00:07:41,480 Speaker 1: is a really smart way to do it. Again, these 135 00:07:41,480 --> 00:07:44,160 Speaker 1: guys have had to just do everything they every which 136 00:07:44,200 --> 00:07:47,280 Speaker 1: way they can to get people to pay attention to this. 137 00:07:47,760 --> 00:07:52,280 Speaker 2: So, Maali, the continued competence of Mega Rain's true. Again, 138 00:07:52,560 --> 00:07:54,200 Speaker 2: they just are the most competent. 139 00:07:54,480 --> 00:07:56,400 Speaker 1: Oh yeah, they're known for their competence. 140 00:07:56,760 --> 00:08:00,320 Speaker 2: He only hires the best people. And the prosecutor has 141 00:08:00,360 --> 00:08:04,840 Speaker 2: been disqualified from investigating with James A. Judges ruled great stuff. 142 00:08:05,320 --> 00:08:09,200 Speaker 1: Yeah, here's where we are. Trump blocked a Trump appointed 143 00:08:09,360 --> 00:08:13,280 Speaker 1: federal prosecutor from overseeing a criminal investigation into New York 144 00:08:13,320 --> 00:08:15,920 Speaker 1: Attorney General. Do you know why he did that, Kelly? 145 00:08:16,440 --> 00:08:22,480 Speaker 1: Because US district judge ruled that Trump loyalist John Sarcone 146 00:08:22,520 --> 00:08:25,880 Speaker 1: has been unlawfully serving as interim US attorney for the 147 00:08:25,880 --> 00:08:28,480 Speaker 1: Northern District of New York. There have been a couple 148 00:08:28,600 --> 00:08:32,320 Speaker 1: of Trump people where he's put them in as US 149 00:08:32,400 --> 00:08:35,360 Speaker 1: attorneys and they have been ruled to be illegal. So 150 00:08:35,480 --> 00:08:39,600 Speaker 1: this is yet another one. This federal prosecutor has oversted 151 00:08:39,640 --> 00:08:42,600 Speaker 1: his legal one hundred and twenty day appointment, and we 152 00:08:42,679 --> 00:08:46,160 Speaker 1: saw this. This was the thing we saw with everyone's 153 00:08:46,280 --> 00:08:51,360 Speaker 1: favorite pageant queen in the Southern District of Virginia. You 154 00:08:51,400 --> 00:08:54,439 Speaker 1: know what they're doing is they're doing emergency power stuff 155 00:08:54,800 --> 00:08:58,600 Speaker 1: because they can't get congressional approval for stuff. And that 156 00:08:58,880 --> 00:09:01,760 Speaker 1: is the secret to Trump is you can't get the courts. 157 00:09:01,960 --> 00:09:05,079 Speaker 1: And that's why, like when we talk about fixing the system, 158 00:09:05,360 --> 00:09:07,240 Speaker 1: one of the things that we're going to really need 159 00:09:07,440 --> 00:09:09,959 Speaker 1: is we're going to need all of those emergency powers. 160 00:09:10,000 --> 00:09:12,920 Speaker 1: I mean, there are emergency Powers Acts that have not 161 00:09:13,040 --> 00:09:16,520 Speaker 1: been repealed since nine to eleven. There are things that 162 00:09:16,760 --> 00:09:20,480 Speaker 1: are working not the way they're supposed to. They're working 163 00:09:20,520 --> 00:09:24,160 Speaker 1: on these sort of emergency war power stuff and that 164 00:09:24,240 --> 00:09:26,960 Speaker 1: has to stop. We have to sort of reset back 165 00:09:27,040 --> 00:09:30,280 Speaker 1: to a system of like the most checks and balances 166 00:09:30,320 --> 00:09:34,000 Speaker 1: you've ever seen, where you have real democratic norms and 167 00:09:34,080 --> 00:09:36,320 Speaker 1: you really don't have any of these sort of special 168 00:09:36,320 --> 00:09:39,080 Speaker 1: emergency powers. Because that's how we got That was sort 169 00:09:39,080 --> 00:09:42,439 Speaker 1: of the first step towards this presidency of a kind 170 00:09:42,480 --> 00:09:50,880 Speaker 1: of unchecked power. We have exciting news over at our 171 00:09:50,920 --> 00:09:54,959 Speaker 1: YouTube channel. This second episode from our Project twenty twenty 172 00:09:55,120 --> 00:09:58,720 Speaker 1: nine series is out now. It's a reimagining where we 173 00:09:58,800 --> 00:10:02,200 Speaker 1: examined what went wrong with democrats approach to politics and 174 00:10:02,240 --> 00:10:05,000 Speaker 1: how we can correct it and deliver changes to help 175 00:10:05,040 --> 00:10:09,200 Speaker 1: people's lives. The first episode dove into the very sexy 176 00:10:09,280 --> 00:10:13,920 Speaker 1: topic of campaign finance reform, and our second episode deals 177 00:10:13,960 --> 00:10:19,079 Speaker 1: with an even sexier topic, antitrust and regulation. We look 178 00:10:19,120 --> 00:10:24,080 Speaker 1: at how antitrust and regulation can protect American citizens and 179 00:10:24,240 --> 00:10:29,280 Speaker 1: make America thrive in an era of rampant corruption and 180 00:10:29,440 --> 00:10:33,760 Speaker 1: predatory crony capitalism. We talk to the smartest names in 181 00:10:33,760 --> 00:10:39,360 Speaker 1: the field like Lena Khan, el Vero Bedoya, Elizabeth Wilkins, 182 00:10:39,559 --> 00:10:43,520 Speaker 1: and Doha Mechi. Republicans were prepared for when they got 183 00:10:43,559 --> 00:10:46,840 Speaker 1: the levers of power. We need democrats to be too. 184 00:10:47,120 --> 00:10:50,560 Speaker 1: So please head over to YouTube and search Molli John 185 00:10:50,679 --> 00:10:54,080 Speaker 1: Fast Project twenty twenty nine or go to the Fast 186 00:10:54,160 --> 00:10:58,520 Speaker 1: Politics YouTube channel and find it there and help us 187 00:10:58,520 --> 00:11:02,720 Speaker 1: spread the word. Justin Wolfers, as a host of The 188 00:11:02,760 --> 00:11:05,000 Speaker 1: Thing Like an Economists podcast and a professor at the 189 00:11:05,080 --> 00:11:08,839 Speaker 1: University of Michigan, Welcome back, too Vast Politics. 190 00:11:08,920 --> 00:11:12,400 Speaker 3: Justin Wolfers, Well, I love Hall exaud If you always 191 00:11:12,400 --> 00:11:15,280 Speaker 3: said about talking, ready can only she say, Thank goodness, 192 00:11:15,280 --> 00:11:16,200 Speaker 3: it's economic style. 193 00:11:16,280 --> 00:11:16,720 Speaker 1: Can totally. 194 00:11:17,200 --> 00:11:18,239 Speaker 2: I'm so excited. 195 00:11:18,520 --> 00:11:21,920 Speaker 1: Things are going great every time we talk about the 196 00:11:22,040 --> 00:11:25,959 Speaker 1: numbers that come out of this admin. We finally got 197 00:11:26,000 --> 00:11:30,559 Speaker 1: some labor numbers from the Bureau of Labor and Statistics. 198 00:11:31,280 --> 00:11:33,320 Speaker 1: Talk us through what these numbers mean. 199 00:11:33,720 --> 00:11:35,880 Speaker 3: Okay, can we do a second rehearsal. Will you sound 200 00:11:35,960 --> 00:11:36,480 Speaker 3: liss bored? 201 00:11:36,720 --> 00:11:40,440 Speaker 1: Well, no, I'm not bored. I'm cynical about these numbers. 202 00:11:40,840 --> 00:11:43,920 Speaker 1: And I don't know how cynical to be about these numbers, 203 00:11:43,920 --> 00:11:47,280 Speaker 1: because remember, I mean, I know it was six months ago, 204 00:11:47,440 --> 00:11:52,240 Speaker 1: but Trump did fire the head of this organization because 205 00:11:52,280 --> 00:11:55,719 Speaker 1: he didn't like the set of numbers they released. So 206 00:11:55,920 --> 00:11:57,959 Speaker 1: I want you to sort of talk us through what 207 00:11:58,000 --> 00:12:01,439 Speaker 1: they mean, if they're real, etc. Etc. It's not boredom, 208 00:12:01,520 --> 00:12:02,400 Speaker 1: it's cynicism. 209 00:12:02,840 --> 00:12:05,680 Speaker 3: Okay, great, So the numbers were good enough that he 210 00:12:05,720 --> 00:12:08,439 Speaker 3: didn't fire anyone this morning. Right, So let me go 211 00:12:08,559 --> 00:12:10,520 Speaker 3: back a step and bring your whole audience in. 212 00:12:10,920 --> 00:12:11,040 Speaker 2: Right. 213 00:12:11,080 --> 00:12:12,800 Speaker 3: We're always trying to get a pulse of what's going 214 00:12:12,800 --> 00:12:15,320 Speaker 3: on in the economy. You might think that measuring the 215 00:12:15,360 --> 00:12:19,120 Speaker 3: economy is very straightforward. It turns out, for an economy 216 00:12:19,160 --> 00:12:22,880 Speaker 3: this big and this complicated. It's very very complicated, indeed, because. 217 00:12:22,600 --> 00:12:24,640 Speaker 1: You have different element of the economy. 218 00:12:24,880 --> 00:12:27,280 Speaker 3: Yeah, how do you even know who's doing business? How 219 00:12:27,280 --> 00:12:29,120 Speaker 3: do you know how many people are out there? How 220 00:12:29,120 --> 00:12:31,400 Speaker 3: do you know? You might be able to say what 221 00:12:31,520 --> 00:12:33,560 Speaker 3: share of people have a job, but how many people 222 00:12:33,600 --> 00:12:36,320 Speaker 3: are there in the US even there are so many 223 00:12:36,480 --> 00:12:40,800 Speaker 3: unknowns and this makes this a surprisingly difficult technical task. 224 00:12:41,200 --> 00:12:44,199 Speaker 3: So the most reliable indicator is what we call the 225 00:12:44,280 --> 00:12:47,640 Speaker 3: jobs report. That's why you and I, Molly tend to 226 00:12:47,720 --> 00:12:51,200 Speaker 3: talk on average after the first Friday of every month, 227 00:12:51,280 --> 00:12:53,520 Speaker 3: which is when these latest numbers come out. Measures the 228 00:12:53,559 --> 00:12:56,240 Speaker 3: unemployment right, which is one of the best indicators for 229 00:12:56,280 --> 00:12:58,240 Speaker 3: how the economy is doing for you and I, But 230 00:12:58,360 --> 00:13:01,920 Speaker 3: the one the markets really watches employment growth. They watch 231 00:13:02,000 --> 00:13:04,959 Speaker 3: that because it's got very good statistical properties. There's more 232 00:13:05,000 --> 00:13:10,600 Speaker 3: signal than noise normally in a normal hero then end 233 00:13:10,840 --> 00:13:13,160 Speaker 3: the lesson there and move to talking about the world. 234 00:13:13,679 --> 00:13:15,280 Speaker 3: But we're not in the normal moment, or in a 235 00:13:15,280 --> 00:13:19,479 Speaker 3: moment where as you say, Molly, the president fires statisticians 236 00:13:19,520 --> 00:13:21,920 Speaker 3: who give him facts he doesn't like, has tried to 237 00:13:21,960 --> 00:13:26,000 Speaker 3: put in place Charlattan's and clowns and undermined the very 238 00:13:26,040 --> 00:13:28,920 Speaker 3: notion of truth. So how much should you believe these numbers? 239 00:13:28,960 --> 00:13:32,959 Speaker 3: And the answer is so far these are as honest 240 00:13:33,400 --> 00:13:36,760 Speaker 3: as can be, so I believe them. Now, let me 241 00:13:37,080 --> 00:13:39,320 Speaker 3: be clear about what I do and don't believe. What 242 00:13:39,360 --> 00:13:41,400 Speaker 3: I believe is that these are a serious estimate of 243 00:13:41,440 --> 00:13:46,320 Speaker 3: what's going on, using serious, high quality statistical methods. Now, 244 00:13:46,640 --> 00:13:49,520 Speaker 3: remember it's always difficult, so that doesn't mean they're exactly right. 245 00:13:50,400 --> 00:13:53,880 Speaker 3: Second thing is right. Now things are even more complicated 246 00:13:53,920 --> 00:13:56,800 Speaker 3: because we just had a government shutdown where some numbers 247 00:13:56,800 --> 00:14:00,520 Speaker 3: weren't collected, and even more, the Bureau of Labour's satistics 248 00:14:00,559 --> 00:14:01,400 Speaker 3: is under resource. 249 00:14:01,480 --> 00:14:02,479 Speaker 2: But what I don't. 250 00:14:02,200 --> 00:14:05,480 Speaker 1: Believe is that we had the longest government shut down ever, 251 00:14:06,000 --> 00:14:08,120 Speaker 1: so there's not a precedent for it. 252 00:14:08,440 --> 00:14:10,640 Speaker 3: Right, For the first time since nineteen thirty nine, we 253 00:14:10,760 --> 00:14:13,199 Speaker 3: literally skipped a month of measuring employment and unemployment in 254 00:14:13,200 --> 00:14:15,480 Speaker 3: the United States, which we've never done before. 255 00:14:15,600 --> 00:14:17,400 Speaker 2: I know, Molly, like me. 256 00:14:17,800 --> 00:14:20,800 Speaker 3: It kept you awake, thrashing in the middle of the night, 257 00:14:21,320 --> 00:14:22,320 Speaker 3: yea cold space. 258 00:14:22,480 --> 00:14:24,320 Speaker 1: What did it to the viewers? 259 00:14:24,360 --> 00:14:27,040 Speaker 3: I should that the audience. I should know Molly would 260 00:14:27,080 --> 00:14:29,880 Speaker 3: call me and just say, hold me, what is going on? 261 00:14:30,840 --> 00:14:34,400 Speaker 3: So all of this makes things more complicated. Plus, the 262 00:14:34,480 --> 00:14:37,920 Speaker 3: economy is even more complicated because what we have is 263 00:14:38,400 --> 00:14:41,440 Speaker 3: an enormous immigration shock going on, and so it makes 264 00:14:41,440 --> 00:14:44,119 Speaker 3: it even more difficult to know literally how many Americans 265 00:14:44,120 --> 00:14:46,320 Speaker 3: there are. What hasn't happened is these numbers went to 266 00:14:46,320 --> 00:14:47,800 Speaker 3: the White House, and the White House said no, no, 267 00:14:47,880 --> 00:14:50,120 Speaker 3: The Department of Lies and Propaganda would like you to 268 00:14:50,120 --> 00:14:52,760 Speaker 3: believe the following instant. So these are true numbers. Now 269 00:14:53,000 --> 00:14:54,840 Speaker 3: here's the other way I know they're true. They don't 270 00:14:54,840 --> 00:14:59,280 Speaker 3: serve the administration's purpose. What happened this month as we 271 00:14:59,400 --> 00:15:03,320 Speaker 3: learned that job growth last month was fifty thousand, which 272 00:15:03,360 --> 00:15:05,680 Speaker 3: is very very low. That's so low that you could 273 00:15:05,720 --> 00:15:08,600 Speaker 3: say you'd call it nearly zero. We had almost no 274 00:15:08,800 --> 00:15:10,960 Speaker 3: job growth. And then the other thing that happens is 275 00:15:11,040 --> 00:15:13,320 Speaker 3: every month we learn more about what happened earlier in 276 00:15:13,320 --> 00:15:17,400 Speaker 3: our history. Sometimes mentioned businesses don't send in their reports 277 00:15:17,400 --> 00:15:19,440 Speaker 3: of how many people are on payroll on time, and 278 00:15:19,480 --> 00:15:21,520 Speaker 3: they send them in a little bit later. As a result, 279 00:15:21,600 --> 00:15:24,360 Speaker 3: we revised the numbers to make them more accurate. And 280 00:15:24,800 --> 00:15:27,160 Speaker 3: one of the really big things that happened was that 281 00:15:27,240 --> 00:15:29,680 Speaker 3: we learned in the fact that October is one of the 282 00:15:29,680 --> 00:15:34,200 Speaker 3: worst recent months we've had that jobs fell enormously in 283 00:15:34,320 --> 00:15:38,840 Speaker 3: October and they rose by lesson we previously thought November. Again, 284 00:15:38,880 --> 00:15:40,560 Speaker 3: for the audience, I don't want you to take month 285 00:15:40,640 --> 00:15:42,160 Speaker 3: to month up and downs very seriously. 286 00:15:42,200 --> 00:15:43,080 Speaker 4: Often, what we'll do is. 287 00:15:43,000 --> 00:15:45,680 Speaker 3: We'll average over what's happening over the past three months, 288 00:15:45,800 --> 00:15:49,720 Speaker 3: and when you do that, here's the payoff long later. Finally, 289 00:15:49,800 --> 00:15:52,000 Speaker 3: the poff when you look at the last three months, 290 00:15:52,160 --> 00:15:53,080 Speaker 3: we're losing. 291 00:15:52,840 --> 00:15:55,840 Speaker 1: Jobs and it's proof that they're not juicing the numbers. 292 00:15:56,040 --> 00:15:58,880 Speaker 1: The point you're saying is that they if they were 293 00:15:58,960 --> 00:16:01,120 Speaker 1: juicing the numbers, they have made them great. 294 00:16:01,400 --> 00:16:04,800 Speaker 3: If they were liars, if there were high quality liars, 295 00:16:05,040 --> 00:16:07,200 Speaker 3: these wouldn't be the liars they'd tell. There's a little 296 00:16:07,200 --> 00:16:09,880 Speaker 3: bit of leave unsaid right there, but no, these are 297 00:16:09,920 --> 00:16:13,200 Speaker 3: absolutely serious estimates. What these estimates tell us, though, is 298 00:16:13,200 --> 00:16:15,680 Speaker 3: that we're in a job's recession, by which I mean 299 00:16:15,720 --> 00:16:18,760 Speaker 3: it's not clear. A recession typically means output is declining. 300 00:16:19,520 --> 00:16:22,880 Speaker 3: It may be we're going to find out, but the 301 00:16:22,960 --> 00:16:26,240 Speaker 3: number of jobs is declining, the number of workers people 302 00:16:26,280 --> 00:16:29,000 Speaker 3: in work is declining. It's been declining for the past 303 00:16:29,040 --> 00:16:33,840 Speaker 3: three months. It's also the case that for wildly oninteresting 304 00:16:33,880 --> 00:16:37,560 Speaker 3: technical reasons, these numbers may be overstated. FED Chair Powell 305 00:16:37,640 --> 00:16:39,920 Speaker 3: said of this last press conference, he thinks they're overstated 306 00:16:39,960 --> 00:16:42,560 Speaker 3: by sixty thousand per month. Based on these numbers, ever 307 00:16:42,600 --> 00:16:46,360 Speaker 3: since Liberation Day, remember the beginning of Trump's trade war 308 00:16:46,360 --> 00:16:49,560 Speaker 3: that happened in April, We've created almost no jobs. It 309 00:16:49,640 --> 00:16:53,840 Speaker 3: may be that we subsequently learned we've actually been shrinking 310 00:16:53,840 --> 00:16:55,480 Speaker 3: the number of jobs we have in the economy since 311 00:16:55,520 --> 00:16:56,280 Speaker 3: Liberation Day. 312 00:16:56,440 --> 00:16:59,520 Speaker 1: So it could literally be zero right now. 313 00:16:59,560 --> 00:17:01,040 Speaker 3: It's awful close to zero. 314 00:17:01,680 --> 00:17:04,360 Speaker 1: But it could literally be negative fifty thousand. 315 00:17:04,760 --> 00:17:09,000 Speaker 3: More than that, it negatives fifty thousand per month over 316 00:17:09,040 --> 00:17:10,199 Speaker 3: the last seven months. 317 00:17:10,800 --> 00:17:13,360 Speaker 1: So and this is just and you don't have and 318 00:17:13,400 --> 00:17:18,040 Speaker 1: these measures don't measure every aspect of employment, right because 319 00:17:18,640 --> 00:17:21,800 Speaker 1: certain employment comes in later. That's why there's revisions. 320 00:17:22,080 --> 00:17:25,880 Speaker 3: What Powell said, FED Chair, who has the best economic 321 00:17:25,920 --> 00:17:29,280 Speaker 3: staff in the world, is he said, their estimate is 322 00:17:29,320 --> 00:17:33,240 Speaker 3: that these numbers overestimate monthly job growth by sixty thousand 323 00:17:33,359 --> 00:17:36,680 Speaker 3: for quote technical reasons. Now, let me explain what technical 324 00:17:36,760 --> 00:17:40,200 Speaker 3: reasons are so you understand why this isn't so simple. Really, 325 00:17:40,200 --> 00:17:42,440 Speaker 3: what the way we measure employment is we send out 326 00:17:42,560 --> 00:17:44,280 Speaker 3: forms to all the firms that are out there and 327 00:17:44,320 --> 00:17:46,960 Speaker 3: ask them how many workers they have. Now, if I 328 00:17:47,040 --> 00:17:49,439 Speaker 3: sent out a form to one in every hundred firms 329 00:17:49,480 --> 00:17:51,480 Speaker 3: that are out there, then all I do is I 330 00:17:51,520 --> 00:17:53,560 Speaker 3: take the total number of workers and I multiply by 331 00:17:53,560 --> 00:17:55,160 Speaker 3: one hundred, and that would tell me how many jobs 332 00:17:55,160 --> 00:17:57,040 Speaker 3: they were. The problem is, we don't know if we're 333 00:17:57,040 --> 00:17:58,679 Speaker 3: sending them out to one and one hundred or one 334 00:17:58,680 --> 00:18:00,879 Speaker 3: on one hundred and one, because we don't know how 335 00:18:00,880 --> 00:18:03,919 Speaker 3: many firms there are. The reason for that is every 336 00:18:04,040 --> 00:18:07,439 Speaker 3: day businesses are dying and every day new businesses are 337 00:18:07,440 --> 00:18:10,800 Speaker 3: being born, and the government doesn't necessarily see them until 338 00:18:10,800 --> 00:18:13,080 Speaker 3: the next tax season. So we literally don't know how 339 00:18:13,119 --> 00:18:17,719 Speaker 3: many businesses there are. And so if there are fewer 340 00:18:17,760 --> 00:18:20,680 Speaker 3: small businesses being born, or if there are more old 341 00:18:20,720 --> 00:18:23,919 Speaker 3: businesses dying than we'd previously thought, and there's good reasons 342 00:18:23,920 --> 00:18:27,120 Speaker 3: to think that's the case based on other statistics than 343 00:18:27,160 --> 00:18:30,679 Speaker 3: our existing methods, which are honest, are honest, but inaccurate. 344 00:18:32,080 --> 00:18:36,960 Speaker 3: So it looked no one expects that the current pessimistic 345 00:18:37,040 --> 00:18:40,280 Speaker 3: numbers that show no job growth. Let me get rid 346 00:18:40,280 --> 00:18:43,280 Speaker 3: of the negatives, double negatives. The current numbers show no 347 00:18:43,400 --> 00:18:47,920 Speaker 3: job growth, effectively no job growth since Liberation Day. Everyone 348 00:18:48,000 --> 00:18:52,560 Speaker 3: expects that to be an overstatement, too rosy, too optimistic. Wow, 349 00:18:53,359 --> 00:18:55,879 Speaker 3: If anything, reality is worse. 350 00:18:56,640 --> 00:18:59,400 Speaker 1: So I want we're going to go to the next 351 00:18:59,440 --> 00:19:03,879 Speaker 1: question here, which is the Dow, which is not the economy, 352 00:19:03,960 --> 00:19:05,280 Speaker 1: the markets, public markets. 353 00:19:05,640 --> 00:19:07,359 Speaker 3: I just want to stick on jobs for a moment 354 00:19:07,359 --> 00:19:09,919 Speaker 3: because I think that I really do want people to 355 00:19:10,000 --> 00:19:12,200 Speaker 3: understand the job market is in a very dire strait. 356 00:19:12,240 --> 00:19:13,879 Speaker 3: So the first thing I want to say is, this 357 00:19:13,960 --> 00:19:18,440 Speaker 3: is the end of December data, and so we have 358 00:19:18,520 --> 00:19:18,959 Speaker 3: the full year. 359 00:19:19,000 --> 00:19:21,200 Speaker 2: What happened in twenty twenty five. Twenty twenty five is one. 360 00:19:21,119 --> 00:19:24,320 Speaker 3: Of the worst years outside of a recession, we've ever had. 361 00:19:25,560 --> 00:19:28,879 Speaker 3: Second fact I like, just because I think it's fun, 362 00:19:30,160 --> 00:19:35,879 Speaker 3: is since Liberation Day, Canada has produced more jobs than 363 00:19:35,920 --> 00:19:40,000 Speaker 3: the United States. Canada, who arguably will meant to be 364 00:19:40,040 --> 00:19:43,520 Speaker 3: one of the biggest losers out of trade War, Canada, 365 00:19:43,560 --> 00:19:45,639 Speaker 3: which is one tenth the size of the United States, 366 00:19:45,760 --> 00:19:49,240 Speaker 3: is producing almost twice as many jobs. So really, what's 367 00:19:49,280 --> 00:19:53,280 Speaker 3: going on is the United States economy has stopped? Why problem? 368 00:19:54,000 --> 00:19:55,120 Speaker 2: Why look around? 369 00:19:55,440 --> 00:19:57,760 Speaker 1: No, I know why the American economy has stopped, But 370 00:19:57,800 --> 00:20:01,040 Speaker 1: I want to know why Canada. So what Cana has 371 00:20:01,080 --> 00:20:03,280 Speaker 1: picked up all the slack. 372 00:20:03,800 --> 00:20:06,000 Speaker 3: No, it's not that American jobs have gone across the 373 00:20:06,000 --> 00:20:08,919 Speaker 3: boarder necessarily. It's just that the American economy has stopped 374 00:20:08,960 --> 00:20:10,040 Speaker 3: and other economies have not. 375 00:20:11,280 --> 00:20:14,040 Speaker 1: So they're picking up this slack. So if you could buy, 376 00:20:14,080 --> 00:20:17,600 Speaker 1: if you could import export with the US, and now 377 00:20:17,680 --> 00:20:19,879 Speaker 1: you can't because it's too expensive, you just go to 378 00:20:19,920 --> 00:20:21,040 Speaker 1: Canada where it's cheaper. 379 00:20:23,160 --> 00:20:24,680 Speaker 2: I'm not going to buy at that. 380 00:20:25,119 --> 00:20:27,159 Speaker 3: I just want to say, there are two economies that 381 00:20:27,280 --> 00:20:29,600 Speaker 3: happen to me, next to each other. One of them 382 00:20:29,600 --> 00:20:33,040 Speaker 3: has stopped growing and the other has not. That right 383 00:20:33,359 --> 00:20:36,280 Speaker 3: tells you something has gone wrong in the United States 384 00:20:36,320 --> 00:20:39,480 Speaker 3: that has not happened elsewhere through North America. 385 00:20:39,680 --> 00:20:40,560 Speaker 4: That's the one. 386 00:20:41,960 --> 00:20:44,880 Speaker 3: You think of. Anything that's happened in the United States 387 00:20:44,920 --> 00:20:46,600 Speaker 3: but not in other countries. 388 00:20:46,920 --> 00:20:49,560 Speaker 1: No, certainly not, and certainly not a trade war that's 389 00:20:49,600 --> 00:20:53,399 Speaker 1: good and easy to win. Even though the real number 390 00:20:53,400 --> 00:20:55,560 Speaker 1: of tariffs we know from the New York Times supporting 391 00:20:56,359 --> 00:20:59,080 Speaker 1: is the tariff numbers are actually about half what the 392 00:20:59,119 --> 00:21:03,879 Speaker 1: administration is they are, it's still enough to kill the economy. 393 00:21:04,240 --> 00:21:07,280 Speaker 3: Let's go back and explain that two ways. I want 394 00:21:07,320 --> 00:21:09,040 Speaker 3: to be clear about what the New York Times is saying, 395 00:21:09,080 --> 00:21:10,439 Speaker 3: and I want to be clear about what's going on 396 00:21:10,480 --> 00:21:12,520 Speaker 3: with the economy. I'm sorry for being a boring professor. 397 00:21:12,520 --> 00:21:14,560 Speaker 3: Every time you see something interesting, I'm like, let's slow 398 00:21:14,600 --> 00:21:16,640 Speaker 3: down and explain right now, it's. 399 00:21:16,480 --> 00:21:18,280 Speaker 2: Good, okay. 400 00:21:18,400 --> 00:21:23,119 Speaker 3: So a question I've gotten frequently is if tariff's are 401 00:21:23,119 --> 00:21:26,919 Speaker 3: so bad, why hasn't it destroyed the American economy. But 402 00:21:27,080 --> 00:21:30,440 Speaker 3: one of the things is we actually haven't had tariffs 403 00:21:30,880 --> 00:21:31,480 Speaker 3: very much. 404 00:21:32,000 --> 00:21:32,200 Speaker 2: Right. 405 00:21:32,280 --> 00:21:35,600 Speaker 3: Remember Trump was elected in January, everyone said, where's your 406 00:21:35,800 --> 00:21:37,399 Speaker 3: tariff regim and he finally got around to. 407 00:21:37,400 --> 00:21:38,080 Speaker 4: It in April. 408 00:21:38,240 --> 00:21:40,800 Speaker 3: He announced it in April and Liberation Day, and then 409 00:21:40,960 --> 00:21:44,320 Speaker 3: seven days later said, oh, just kidding, I didn't realize 410 00:21:44,320 --> 00:21:46,439 Speaker 3: that would freak global markets out. I'm now going to 411 00:21:46,440 --> 00:21:49,400 Speaker 3: take ninety days off. He then took ninety days off. 412 00:21:49,440 --> 00:21:53,359 Speaker 3: That takes you from April through to April, May, June, July, 413 00:21:53,720 --> 00:21:55,679 Speaker 3: and then he got to July and then realized he 414 00:21:55,720 --> 00:21:57,840 Speaker 3: hadn't made ninety deals in ninety days. In fact, he'd 415 00:21:57,840 --> 00:22:00,480 Speaker 3: made none, and said, well, we're going to put the 416 00:22:00,480 --> 00:22:03,360 Speaker 3: tariffs back on. But he realized in that ninety days 417 00:22:03,359 --> 00:22:05,800 Speaker 3: he'd forgotten to think about what they should be. So 418 00:22:05,840 --> 00:22:09,120 Speaker 3: he gave himself another twenty four day extension, then announced 419 00:22:09,160 --> 00:22:11,560 Speaker 3: a set of tariffs actually were remarkably similar to what 420 00:22:11,600 --> 00:22:15,840 Speaker 3: they'd been way back in April. And then his tariff 421 00:22:15,840 --> 00:22:17,639 Speaker 3: nerds said, well, we can't get that entered in the 422 00:22:17,640 --> 00:22:20,159 Speaker 3: computers quick enough. That'll take another seven days. And so 423 00:22:20,240 --> 00:22:22,240 Speaker 3: once we start to faff around, it takes to like 424 00:22:22,320 --> 00:22:25,919 Speaker 3: August or September until we get tariffs, by which point 425 00:22:26,000 --> 00:22:32,240 Speaker 3: he also starts offering exceptions. So went back, renegotiated with Canada, 426 00:22:32,280 --> 00:22:36,000 Speaker 3: and basically most trade with Canada became tariff free. He 427 00:22:36,080 --> 00:22:38,640 Speaker 3: backed down on a range of things. Remember the term taco. 428 00:22:38,960 --> 00:22:41,399 Speaker 3: And it turns out, if you're willing to bring just 429 00:22:41,440 --> 00:22:44,520 Speaker 3: the right bauble to the White House, you can whisper 430 00:22:44,560 --> 00:22:47,040 Speaker 3: and say, hey, we'd like a special exemption or exception 431 00:22:47,200 --> 00:22:49,520 Speaker 3: here there or somewhere else. And so it turns out 432 00:22:49,560 --> 00:22:52,440 Speaker 3: there's the tariff regime as announced, and there's the tariff 433 00:22:52,440 --> 00:22:55,359 Speaker 3: regime has actually implemented. So first of all, the announcements 434 00:22:55,359 --> 00:22:58,200 Speaker 3: were months ahead of the implementation. The second thing is 435 00:22:58,240 --> 00:23:01,120 Speaker 3: the announcements were big and public, and the walkbacks were 436 00:23:01,280 --> 00:23:03,240 Speaker 3: fairly private, and so it turns out the amount of 437 00:23:03,320 --> 00:23:05,760 Speaker 3: tariff revenue we've taken in is much less than you 438 00:23:05,760 --> 00:23:08,560 Speaker 3: would have expected given the bold pronouncements, which is to say, 439 00:23:08,600 --> 00:23:11,679 Speaker 3: there are now so many exceptions, loopholes riddled through the 440 00:23:11,720 --> 00:23:14,520 Speaker 3: whole darn thing that and I think there's as good news. 441 00:23:14,880 --> 00:23:17,359 Speaker 3: Trump has actually implemented fewer tariffs than you said he would. 442 00:23:17,480 --> 00:23:20,280 Speaker 3: That's the reporting from the New York Times. So we 443 00:23:20,320 --> 00:23:22,960 Speaker 3: do have tariffs, but they're not quite as bad as Trump. 444 00:23:22,800 --> 00:23:25,240 Speaker 1: And they're at a lower rate than he says they are. 445 00:23:25,640 --> 00:23:29,560 Speaker 3: Right now, let's come back, Well, if there's not huge tariffs, 446 00:23:29,600 --> 00:23:31,520 Speaker 3: what's going on with the economy? So, first of all, one, 447 00:23:31,800 --> 00:23:34,000 Speaker 3: these are still big. These are still the biggest tariffs 448 00:23:34,000 --> 00:23:36,760 Speaker 3: we've had in about eighty ninety hundred years. Second of all, 449 00:23:37,280 --> 00:23:39,760 Speaker 3: tariffs aren't the only thing. Tariff's might be the only 450 00:23:39,800 --> 00:23:41,520 Speaker 3: thing people like to talk to me about, but they're 451 00:23:41,520 --> 00:23:44,359 Speaker 3: not the whole economy. So what else is going on 452 00:23:44,400 --> 00:23:47,159 Speaker 3: in the economy? I think the first thing is a 453 00:23:47,240 --> 00:23:51,160 Speaker 3: huge crash in confidence. You look at consumer confidence, it's 454 00:23:51,200 --> 00:23:53,440 Speaker 3: never been this low. You look at the share of 455 00:23:53,520 --> 00:23:57,240 Speaker 3: Americans who judge the quality of American macroeconomic policies being poor. 456 00:23:57,320 --> 00:24:00,479 Speaker 3: It's literally never been this high right away, that's going 457 00:24:00,560 --> 00:24:03,159 Speaker 3: to cause problems. The second thing is you've got this 458 00:24:03,240 --> 00:24:07,639 Speaker 3: tremendous rise in uncertainty. Right The uncertainty is partly tariffs. 459 00:24:07,640 --> 00:24:09,920 Speaker 3: Will we get into trade war with China next weekend 460 00:24:10,680 --> 00:24:13,440 Speaker 3: probably depends on what's happening with Epstein more than anything else. 461 00:24:13,840 --> 00:24:16,760 Speaker 3: The uncertainty of those far greater than that, right. Remember 462 00:24:16,800 --> 00:24:19,000 Speaker 3: the CEO of Intel walked into the White House and 463 00:24:19,040 --> 00:24:21,879 Speaker 3: walked out having accidentally left behind ten percent of his 464 00:24:21,960 --> 00:24:26,160 Speaker 3: company that somehow got nationalized. The White House is taking 465 00:24:26,160 --> 00:24:29,199 Speaker 3: big positions in private sector companies. The White House is 466 00:24:29,240 --> 00:24:32,200 Speaker 3: calling CEOs and telling them what to do. The White 467 00:24:32,240 --> 00:24:35,680 Speaker 3: House is picking up foreign leaders and just bringing them home. 468 00:24:35,880 --> 00:24:39,280 Speaker 3: The White House is deciding their wives and their wives, 469 00:24:39,320 --> 00:24:42,720 Speaker 3: and the White House is deciding if and which states 470 00:24:42,840 --> 00:24:45,800 Speaker 3: American states that wants to invade next. All of this 471 00:24:46,160 --> 00:24:49,200 Speaker 3: it's tremendous cause of uncertainty. We're two weeks away from 472 00:24:49,280 --> 00:24:52,120 Speaker 3: a healthcare overhaul. Of course, we've been two weeks away 473 00:24:52,160 --> 00:24:55,160 Speaker 3: from a new healthcare plan now for ten years. All 474 00:24:55,200 --> 00:24:59,080 Speaker 3: of this means if you were my staff and you 475 00:24:59,080 --> 00:25:02,000 Speaker 3: came to me with a big vestment project. He said, 476 00:25:02,680 --> 00:25:05,399 Speaker 3: justin we should invest millions in this new factory. I 477 00:25:05,400 --> 00:25:08,919 Speaker 3: would say to you, hey, Molly, how much does it 478 00:25:08,960 --> 00:25:10,800 Speaker 3: cost to wait a few months and see if some 479 00:25:10,840 --> 00:25:14,960 Speaker 3: of these regulations actually pan out in ways that would 480 00:25:15,000 --> 00:25:17,800 Speaker 3: undermine my investment. I've always got the possibility of delaying, 481 00:25:18,480 --> 00:25:21,240 Speaker 3: and that's become an absolutely compelling choice now for a 482 00:25:21,280 --> 00:25:23,760 Speaker 3: lot of companies. And that's part of what's going on 483 00:25:23,800 --> 00:25:24,800 Speaker 3: with the economy too. 484 00:25:25,040 --> 00:25:31,440 Speaker 1: All important and relevant things. So let's talk through what 485 00:25:31,880 --> 00:25:34,680 Speaker 1: we are going to see now. The markets are doing 486 00:25:34,680 --> 00:25:38,159 Speaker 1: really well, and there's a set there's an understanding that 487 00:25:38,240 --> 00:25:41,040 Speaker 1: it's like a ke shaped economy that there are it's 488 00:25:41,080 --> 00:25:46,359 Speaker 1: a recovery where we're seeing tech giants make money. Maybe 489 00:25:46,359 --> 00:25:48,720 Speaker 1: it's an AI I mean, is this a bubble or 490 00:25:48,800 --> 00:25:51,280 Speaker 1: is this a part of a healthy economy? Explain to 491 00:25:51,320 --> 00:25:52,560 Speaker 1: us what is happening. 492 00:25:52,760 --> 00:25:55,400 Speaker 3: Okay, I'm going to start again once a lot of there, 493 00:25:55,440 --> 00:25:58,040 Speaker 3: so we'll go slowly. Let me start with the claim 494 00:25:58,240 --> 00:26:01,359 Speaker 3: that the stock market is doing well well. It's perhaps 495 00:26:01,440 --> 00:26:04,840 Speaker 3: the White House's most frequent economic claim. They're like every 496 00:26:04,880 --> 00:26:07,960 Speaker 3: economist out there says, our policies suck, but look what's 497 00:26:07,960 --> 00:26:09,800 Speaker 3: happening to the stock market. Now, the thing is, the 498 00:26:09,840 --> 00:26:13,680 Speaker 3: stock market reflects two things. That reflects the underlying innovation 499 00:26:13,840 --> 00:26:18,880 Speaker 3: impulses from the private sector and then possible changes caused 500 00:26:18,920 --> 00:26:21,000 Speaker 3: by the public sector. One way of figuring out what 501 00:26:21,560 --> 00:26:23,520 Speaker 3: they is going on with the private sector is to 502 00:26:23,520 --> 00:26:27,200 Speaker 3: look in other countries, because things like AI are genuinely global, right, 503 00:26:27,280 --> 00:26:30,239 Speaker 3: things like a shift in global demand genuinely global. And 504 00:26:30,320 --> 00:26:32,040 Speaker 3: so once you do that, it turns out that the 505 00:26:32,119 --> 00:26:35,600 Speaker 3: US stock market performance has actually been genuinely weak. Almost 506 00:26:35,600 --> 00:26:39,359 Speaker 3: any other industrialized country you visit has had stronger stock 507 00:26:39,400 --> 00:26:43,840 Speaker 3: market growth since Inauguration Day than the United States. We're 508 00:26:43,840 --> 00:26:47,639 Speaker 3: at the very very bottom. So that says there is 509 00:26:47,760 --> 00:26:52,840 Speaker 3: something that's driving global markets up. Whatever it is, the 510 00:26:53,040 --> 00:26:58,520 Speaker 3: US is doing worse relative to every other country. So normally, 511 00:26:58,520 --> 00:27:00,840 Speaker 3: if I were to look for, you know, what could 512 00:27:00,840 --> 00:27:04,480 Speaker 3: an administration claim credit for, I'd say, compare the US 513 00:27:04,520 --> 00:27:06,119 Speaker 3: to the rest of the world. Well, the US is 514 00:27:06,160 --> 00:27:08,879 Speaker 3: doing worse than the rest of the world. That says 515 00:27:08,960 --> 00:27:12,760 Speaker 3: markets have become relatively less optimistic about the US economy 516 00:27:12,840 --> 00:27:15,680 Speaker 3: relative to every other economy since the administration came to power. 517 00:27:16,680 --> 00:27:21,320 Speaker 3: So the claim that the stock market is says markets 518 00:27:21,359 --> 00:27:23,879 Speaker 3: believe that what the administration is doing is good. I 519 00:27:23,920 --> 00:27:26,960 Speaker 3: think is upside down and wrong. It shows the infatuation. 520 00:27:27,320 --> 00:27:29,920 Speaker 3: It shows that American business reporters know how to look 521 00:27:29,960 --> 00:27:31,720 Speaker 3: up the Dow Jones, but don't know how to look 522 00:27:31,800 --> 00:27:34,080 Speaker 3: up what's happening in the rest of the world. I 523 00:27:34,160 --> 00:27:36,040 Speaker 3: know it's weird to say that Americans can be a 524 00:27:36,080 --> 00:27:37,200 Speaker 3: little inward looking, but. 525 00:27:37,640 --> 00:27:38,840 Speaker 2: Certainly for a moment. 526 00:27:38,960 --> 00:27:43,760 Speaker 3: Yeah, so, actually, I think stocks are not voting for 527 00:27:43,760 --> 00:27:47,880 Speaker 3: the president. Second, what the hell is going on? Well, 528 00:27:48,200 --> 00:27:51,400 Speaker 3: we are in the middle of this extraordinary AI transformation, 529 00:27:51,640 --> 00:27:54,520 Speaker 3: whatever you think of it. AI is an extraordinary technology. 530 00:27:54,680 --> 00:27:58,199 Speaker 3: There's two parts to the AI story. One part is 531 00:27:59,000 --> 00:28:01,479 Speaker 3: the long run, which is many of the jobs that 532 00:28:01,560 --> 00:28:03,320 Speaker 3: many of us do, it many of the boring parts 533 00:28:03,359 --> 00:28:05,879 Speaker 3: of our jobs computers are going to be able to do. 534 00:28:06,000 --> 00:28:09,159 Speaker 3: I choose to speak about that in optimistic terms, which is, 535 00:28:09,200 --> 00:28:11,119 Speaker 3: if it takes away the boring parts of yours and 536 00:28:11,200 --> 00:28:13,480 Speaker 3: my job, my you and I get to spend more 537 00:28:13,520 --> 00:28:16,639 Speaker 3: time doing fun things. And that's been what past technological 538 00:28:16,680 --> 00:28:17,679 Speaker 3: revolutions have done. 539 00:28:17,760 --> 00:28:19,960 Speaker 2: So the structure of our labor. 540 00:28:19,640 --> 00:28:22,520 Speaker 3: Market, of our economy, of our lives, what our children 541 00:28:22,560 --> 00:28:24,320 Speaker 3: are going to grow up and do is going to. 542 00:28:24,240 --> 00:28:25,280 Speaker 2: Be fundamentally different. 543 00:28:25,280 --> 00:28:29,520 Speaker 3: But that's a statement about future decades. In order to 544 00:28:29,640 --> 00:28:32,120 Speaker 3: create that AI companies are going to have to build 545 00:28:32,160 --> 00:28:34,440 Speaker 3: out these huge data centers, which are literally just big 546 00:28:34,520 --> 00:28:36,560 Speaker 3: rooms full of computers. And so what they're doing is 547 00:28:36,600 --> 00:28:39,200 Speaker 3: they're at a race for the future, and so they're 548 00:28:39,200 --> 00:28:44,880 Speaker 3: spending trillions of dollars gajillions, eleventy kajillion dollars on these 549 00:28:44,960 --> 00:28:47,560 Speaker 3: data centers. And it turns out that that's a huge 550 00:28:47,600 --> 00:28:50,480 Speaker 3: part of what's actually growing in the US economy right now. 551 00:28:50,600 --> 00:28:52,400 Speaker 3: So then you can think about the US as been 552 00:28:52,480 --> 00:28:56,160 Speaker 3: two economic stories. There's what's going on with your AI buildout, 553 00:28:56,440 --> 00:28:59,320 Speaker 3: which is going to be short term, and there's what's 554 00:28:59,360 --> 00:29:01,080 Speaker 3: going on with the rest of the economy. Well, the 555 00:29:01,120 --> 00:29:03,600 Speaker 3: AI build out has been very strong. That has kept 556 00:29:03,640 --> 00:29:08,080 Speaker 3: stocks up around the world. It's kept the American economy growing. 557 00:29:08,200 --> 00:29:10,480 Speaker 3: The rest of the economy, though it has been very weak, 558 00:29:10,600 --> 00:29:13,080 Speaker 3: in particular the parts of the economy Trump claims to 559 00:29:13,080 --> 00:29:15,640 Speaker 3: care about, and that his policy agenda is meant to 560 00:29:15,760 --> 00:29:19,280 Speaker 3: benefit manufacturing, the goods producing sector, which is helped by 561 00:29:19,720 --> 00:29:21,600 Speaker 3: which if anyone is helped by tariffs, it would be 562 00:29:21,640 --> 00:29:25,000 Speaker 3: goods because tariffs are on goods, they're actually doing incredibly poorly. 563 00:29:25,320 --> 00:29:28,280 Speaker 3: Much of the rest of the economy is looking pretty weak. 564 00:29:29,200 --> 00:29:30,520 Speaker 3: Is that responsive, Molly. 565 00:29:31,040 --> 00:29:34,280 Speaker 1: Yes, justin Wolfer's will come back? 566 00:29:36,000 --> 00:29:36,800 Speaker 3: Yes, when of you won. 567 00:29:40,080 --> 00:29:44,040 Speaker 1: Jacob sober Off is a correspondent for NBC News and 568 00:29:44,480 --> 00:29:48,400 Speaker 1: ms NOW and the author of Firestorm, The Great Los 569 00:29:48,440 --> 00:29:55,720 Speaker 1: Angeles Fires, and America's New Age of Disaster. Welcome Too Fast, Pology. 570 00:29:55,720 --> 00:29:58,200 Speaker 4: It's Jacob sober Molly, thanks for having me back. 571 00:29:58,400 --> 00:30:01,000 Speaker 1: I'm so excited. So let's talk about this book. You 572 00:30:01,080 --> 00:30:04,640 Speaker 1: were on the ground covering those fires the minute they started. 573 00:30:04,960 --> 00:30:10,400 Speaker 1: You grew up in one of the most affected areas, 574 00:30:10,560 --> 00:30:13,000 Speaker 1: the Palastaates. Yeah, yeah, so let's talk about it. 575 00:30:13,160 --> 00:30:15,200 Speaker 5: I'll cover a lot of things in my time at 576 00:30:15,440 --> 00:30:19,360 Speaker 5: MS NOW and before that MSNBC and NBC News, but nothing, 577 00:30:19,440 --> 00:30:22,080 Speaker 5: I think, in all of my years here has ever 578 00:30:22,120 --> 00:30:24,880 Speaker 5: made me sort of stop and think I cannot understand 579 00:30:25,360 --> 00:30:28,560 Speaker 5: or comprehend what I'm witnessing in real time, as watching 580 00:30:28,600 --> 00:30:31,720 Speaker 5: my own childhood neighborhood carbonized in front of my face, 581 00:30:31,800 --> 00:30:34,760 Speaker 5: before my eyes, and in a way, I felt like, 582 00:30:35,280 --> 00:30:36,960 Speaker 5: you know, almost it was a time machine. I was 583 00:30:36,960 --> 00:30:39,040 Speaker 5: going back in time, and I could see my childhood 584 00:30:39,320 --> 00:30:43,120 Speaker 5: literally disappear as I was reporting on Primetime MSNBC on 585 00:30:43,160 --> 00:30:47,760 Speaker 5: the night of January seventh, twenty twenty five. And really, 586 00:30:47,800 --> 00:30:50,280 Speaker 5: I think now that I've spent so much time diving 587 00:30:50,280 --> 00:30:53,000 Speaker 5: deep on this is to look into the future. It 588 00:30:53,040 --> 00:30:55,720 Speaker 5: was the fire of the future, and firestorm means a 589 00:30:55,720 --> 00:30:58,960 Speaker 5: lot of things. It means the actual literal event that 590 00:30:59,000 --> 00:31:01,440 Speaker 5: I experienced, but it's all so the politics around the 591 00:31:01,440 --> 00:31:04,520 Speaker 5: moment and how that contributed to what I went through, 592 00:31:04,560 --> 00:31:05,680 Speaker 5: and so there's so. 593 00:31:05,680 --> 00:31:06,280 Speaker 2: Much it read. 594 00:31:06,320 --> 00:31:08,640 Speaker 5: The book was really like a real time, minute by 595 00:31:08,680 --> 00:31:11,120 Speaker 5: minute TikTok of what it felt like to be inside 596 00:31:11,120 --> 00:31:13,840 Speaker 5: the middle of the costliest wildfire event in American history. 597 00:31:13,920 --> 00:31:16,200 Speaker 5: But it's also an exploration of sort of the factors 598 00:31:16,240 --> 00:31:17,920 Speaker 5: that made it happen and why it's definitely going to 599 00:31:17,920 --> 00:31:18,440 Speaker 5: happen again. 600 00:31:18,600 --> 00:31:21,000 Speaker 1: When you say the fire of the future, what does 601 00:31:21,000 --> 00:31:24,360 Speaker 1: that mean? Because I think of that part of California 602 00:31:24,600 --> 00:31:28,480 Speaker 1: because of the winds, it's a different situation, So explain 603 00:31:28,560 --> 00:31:29,000 Speaker 1: what you mean. 604 00:31:29,160 --> 00:31:30,880 Speaker 5: I think that the Fire of the Future is a 605 00:31:30,880 --> 00:31:32,680 Speaker 5: lot of things, and I didn't really understand what it 606 00:31:32,720 --> 00:31:35,480 Speaker 5: was until I went to Washington actually in the fire 607 00:31:35,520 --> 00:31:37,640 Speaker 5: happened in January, and I went to Washington for the 608 00:31:38,000 --> 00:31:41,800 Speaker 5: correspondence dinner and we did this town hall on Ms. 609 00:31:41,800 --> 00:31:45,400 Speaker 5: Stephanie Rule, and I with fired federal workers. That same weekend, 610 00:31:45,640 --> 00:31:48,560 Speaker 5: I sat down with a career emergency management official that 611 00:31:48,600 --> 00:31:51,000 Speaker 5: I had met when I was covering the family separation crisis. 612 00:31:51,120 --> 00:31:53,280 Speaker 5: And he went from AJHS and tried to help the 613 00:31:53,360 --> 00:31:56,280 Speaker 5: children during that to leaving that job because of his 614 00:31:56,320 --> 00:31:59,800 Speaker 5: opposition to the policy, and went to every mass casualty 615 00:32:00,200 --> 00:32:03,040 Speaker 5: fire event over the last five years. And this guy, 616 00:32:03,160 --> 00:32:05,240 Speaker 5: Captain Jonathan White, said to me, he's the one who 617 00:32:05,280 --> 00:32:08,480 Speaker 5: said what you experienced was not some aberration. This is 618 00:32:08,520 --> 00:32:10,160 Speaker 5: the fire of the future and it's here now. And 619 00:32:10,200 --> 00:32:12,320 Speaker 5: the reason why is and he said, give me your notebook. 620 00:32:12,360 --> 00:32:14,960 Speaker 5: I was taking notes sort of a Mexican restaurant in Washington, 621 00:32:15,000 --> 00:32:16,840 Speaker 5: and he said he drew an X on the page 622 00:32:17,120 --> 00:32:20,240 Speaker 5: and he said, it is the confluence of four things. 623 00:32:20,400 --> 00:32:24,360 Speaker 5: One obviously climate change. Two our infrastructures falling apart. Three 624 00:32:24,520 --> 00:32:28,240 Speaker 5: changes in the way we live with electric car batteries exploding. 625 00:32:28,480 --> 00:32:31,000 Speaker 5: You know, these toxic substances of the past now coming out. 626 00:32:31,120 --> 00:32:34,520 Speaker 5: But for misinformation and disinformation, the amount of misinfo and 627 00:32:34,560 --> 00:32:38,479 Speaker 5: dis info that permeated literally as toxic as the fire 628 00:32:38,560 --> 00:32:41,840 Speaker 5: and the things that we're all breathing in ourself was, 629 00:32:42,200 --> 00:32:44,760 Speaker 5: if not unprecedented, I think a sign of what's to come, 630 00:32:44,840 --> 00:32:47,200 Speaker 5: particularly during this administration, which is why the book is 631 00:32:47,240 --> 00:32:50,560 Speaker 5: called Firestorm, the Great Los Angeles Fires in America's New 632 00:32:50,560 --> 00:32:53,320 Speaker 5: Age of disaster. Donald Trump was a president elect, but 633 00:32:53,360 --> 00:32:58,400 Speaker 5: it didn't stop him from interjecting, injecting himself into the 634 00:32:58,800 --> 00:33:01,880 Speaker 5: not only the recovery process, and lying about what was 635 00:33:01,920 --> 00:33:04,920 Speaker 5: going on, and picking fights with Gavin Newsom and Karen Bass, 636 00:33:05,160 --> 00:33:07,440 Speaker 5: but really in real time as the fire was unfolding. 637 00:33:07,680 --> 00:33:10,200 Speaker 5: I don't think it is an overstatement to say it 638 00:33:10,320 --> 00:33:14,320 Speaker 5: changed the way that people experience the fire itself. No politician, 639 00:33:14,400 --> 00:33:17,080 Speaker 5: Democrat or Republican has absolved for and there'll be lots 640 00:33:17,080 --> 00:33:18,760 Speaker 5: of investigative reporting how did this happen? 641 00:33:18,800 --> 00:33:19,640 Speaker 4: Why did it happen? 642 00:33:19,840 --> 00:33:22,120 Speaker 5: But the thing that makes it new and different is 643 00:33:22,160 --> 00:33:26,120 Speaker 5: the amount of politics that surrounds events like this today 644 00:33:26,480 --> 00:33:29,480 Speaker 5: and how harmful it is to the people that experienced them. 645 00:33:29,760 --> 00:33:33,520 Speaker 1: So I want to talk about that more because that 646 00:33:33,920 --> 00:33:39,400 Speaker 1: is really interesting. So the disinformation, misinformation is certainly one 647 00:33:39,760 --> 00:33:44,640 Speaker 1: element of this and the politicization of something that is 648 00:33:45,160 --> 00:33:47,960 Speaker 1: right should not be politicized one way or the other. 649 00:33:48,320 --> 00:33:51,360 Speaker 1: But the thing about this fire and why it was 650 00:33:51,400 --> 00:33:55,760 Speaker 1: so much worse than any other fire we've had, maybe ever, right, 651 00:33:55,880 --> 00:33:56,760 Speaker 1: was because it moves so. 652 00:33:56,800 --> 00:34:00,720 Speaker 4: Quickly Hurricane force wins. Yeah, I mean hurricanes. 653 00:34:00,920 --> 00:34:03,800 Speaker 5: I've covered up the natural disasters, have covered humanitarian crises 654 00:34:03,840 --> 00:34:05,560 Speaker 5: all over the world. But what this was and why 655 00:34:05,600 --> 00:34:07,959 Speaker 5: it was different was that you had hurricane force winds 656 00:34:08,000 --> 00:34:09,960 Speaker 5: coming over and it was predicted by the way. I mean, 657 00:34:10,000 --> 00:34:11,920 Speaker 5: this is a story as much as it is about 658 00:34:11,920 --> 00:34:14,719 Speaker 5: the fire and about the politicians you know, who are 659 00:34:14,719 --> 00:34:16,680 Speaker 5: involved in the fire, as it is about the workers, 660 00:34:16,719 --> 00:34:19,719 Speaker 5: the government workers who were involved, the first responders who 661 00:34:19,719 --> 00:34:21,360 Speaker 5: were involved, the people that try to stop us, and 662 00:34:21,400 --> 00:34:24,880 Speaker 5: the National Weather Service. Two guys in particular, doctor Riel 663 00:34:24,960 --> 00:34:27,840 Speaker 5: Cohen and Dave Gomberg from the National Weather Services office 664 00:34:27,840 --> 00:34:30,799 Speaker 5: in Oxnard, just west of LA predicted that these were 665 00:34:30,840 --> 00:34:34,000 Speaker 5: we're called mountain wave winds. If there was a spark 666 00:34:34,080 --> 00:34:36,480 Speaker 5: coming over the Santa Monica Mountains or the San Gabriels, 667 00:34:36,560 --> 00:34:40,360 Speaker 5: would result in catastrophic fire like we have never seen before. 668 00:34:40,440 --> 00:34:43,360 Speaker 5: And guess what, that's exactly what happened, and all it 669 00:34:43,400 --> 00:34:45,680 Speaker 5: took literally in the Palisades was you know, there are 670 00:34:45,680 --> 00:34:48,000 Speaker 5: two different approximate causes. I guess you could say of 671 00:34:48,000 --> 00:34:50,400 Speaker 5: the fire the Palisades was a holdover fire from an 672 00:34:50,480 --> 00:34:53,000 Speaker 5: arson fire seven days earlier and an Alta Dana. The 673 00:34:53,000 --> 00:34:57,560 Speaker 5: Eaton fire was faulty electrical equipment. The prevailing theory. 674 00:34:57,560 --> 00:34:59,440 Speaker 1: Is falty electrical equipment. 675 00:34:59,480 --> 00:35:01,840 Speaker 5: Where when you look at the San Gabriels, yeah, and 676 00:35:01,920 --> 00:35:05,560 Speaker 5: Eaton Canyon, there are these huge lattice steel towers that 677 00:35:05,800 --> 00:35:08,600 Speaker 5: run electrical equipment up and over the San Gabriels, and 678 00:35:08,840 --> 00:35:12,600 Speaker 5: one of them was inactive and through a process of electrification, 679 00:35:12,880 --> 00:35:15,799 Speaker 5: yet one spark, and once that spark happens, it led 680 00:35:15,840 --> 00:35:18,920 Speaker 5: to literally not only thirty one deaths between the Palisades 681 00:35:18,920 --> 00:35:22,600 Speaker 5: and Altadina, but literally thousands of homes destroyed. I always 682 00:35:22,640 --> 00:35:25,319 Speaker 5: think that these events become x ray vision, and for 683 00:35:25,360 --> 00:35:27,279 Speaker 5: me they were, especially in the aftermath of reporting this 684 00:35:27,280 --> 00:35:29,600 Speaker 5: book x ray vision about the things that are underneath 685 00:35:29,640 --> 00:35:32,920 Speaker 5: the surface of our society. And in the homeless capital 686 00:35:32,960 --> 00:35:35,680 Speaker 5: of America, more unhoused people sleeping on the street than 687 00:35:35,719 --> 00:35:38,880 Speaker 5: anywhere else. Instantly, tens of thousands of more people were 688 00:35:38,920 --> 00:35:41,719 Speaker 5: homeless forced from their homes, and we're only a year in, 689 00:35:42,000 --> 00:35:43,880 Speaker 5: but so many of them have not returned, and so 690 00:35:43,920 --> 00:35:46,000 Speaker 5: there's just so much, so much to talk about, so 691 00:35:46,080 --> 00:35:48,000 Speaker 5: much I learned at the end of the day, it's 692 00:35:48,000 --> 00:35:50,760 Speaker 5: a story about people as much as it is about politics. 693 00:35:50,840 --> 00:35:53,960 Speaker 5: And while this is a tough story, it's also a 694 00:35:53,960 --> 00:35:57,560 Speaker 5: hopeful one because I met so many people with whom 695 00:35:57,600 --> 00:35:59,800 Speaker 5: I shared, you know, the experience of I lost my 696 00:35:59,800 --> 00:36:02,279 Speaker 5: own childhood home in this fire. My brother lost the 697 00:36:02,280 --> 00:36:04,600 Speaker 5: house that he was living in, friends of mine on 698 00:36:04,680 --> 00:36:06,720 Speaker 5: both sides of town. My son had his ninth birthday 699 00:36:06,719 --> 00:36:09,400 Speaker 5: party in Altadena at a pizza place called Sidepi that 700 00:36:09,440 --> 00:36:12,080 Speaker 5: burned down in the fire. And so there's so much 701 00:36:12,080 --> 00:36:15,319 Speaker 5: that we share too. And that's why as depressing of 702 00:36:15,360 --> 00:36:17,239 Speaker 5: a year as it was, as hard as it was 703 00:36:17,239 --> 00:36:19,479 Speaker 5: for me to cover this and to spend the better 704 00:36:19,520 --> 00:36:21,879 Speaker 5: part of the last year researching how something like this could happen, 705 00:36:22,000 --> 00:36:25,000 Speaker 5: I left feeling really hopeful because of the people that 706 00:36:25,040 --> 00:36:27,000 Speaker 5: I got to meet and learn about, whether it was 707 00:36:27,080 --> 00:36:29,400 Speaker 5: JPL engineers two hundred of them lost their homes in 708 00:36:29,440 --> 00:36:32,319 Speaker 5: the fire living in Alta Dina to Caltech, or the 709 00:36:32,320 --> 00:36:34,920 Speaker 5: firefighters that did everything they could just to stop the 710 00:36:34,960 --> 00:36:36,239 Speaker 5: fire from each and every home. 711 00:36:36,360 --> 00:36:37,960 Speaker 4: That's why I love this job. That's why I love 712 00:36:38,000 --> 00:36:38,759 Speaker 4: getting to do what I do. 713 00:36:39,120 --> 00:36:44,040 Speaker 1: I want you to talk about what it's like now, 714 00:36:44,160 --> 00:36:49,239 Speaker 1: because it is environmental catastrophe. I would love you to 715 00:36:49,239 --> 00:36:53,640 Speaker 1: talk us through, like the stages of the post fire, 716 00:36:54,080 --> 00:36:57,160 Speaker 1: what the area is like now, what it looks like 717 00:36:57,239 --> 00:36:58,080 Speaker 1: it could become. 718 00:36:58,719 --> 00:36:59,600 Speaker 2: There's so much. 719 00:36:59,400 --> 00:37:01,960 Speaker 5: Work to do, and what I had hoped was that 720 00:37:02,520 --> 00:37:04,960 Speaker 5: what it would be was sort of a unifying moment. 721 00:37:05,200 --> 00:37:07,000 Speaker 5: And I can talk about all the details of the recovery, 722 00:37:07,040 --> 00:37:09,600 Speaker 5: but the reason I hoped it would be unifying as obvious. 723 00:37:09,800 --> 00:37:11,759 Speaker 5: And there was one story in particular that's in the 724 00:37:11,760 --> 00:37:14,560 Speaker 5: book that to me exemplifies how we sort of took 725 00:37:14,560 --> 00:37:16,840 Speaker 5: a wrong turn. I was standing in the Palisades on 726 00:37:16,880 --> 00:37:20,040 Speaker 5: the second morning of the fire. It was January eighth, 727 00:37:20,080 --> 00:37:21,440 Speaker 5: and I was about to go up on a special 728 00:37:21,440 --> 00:37:23,560 Speaker 5: report with Lester Holton. I looked down at my phone 729 00:37:23,880 --> 00:37:27,880 Speaker 5: and it said Katie Waldman was calling me. Katie Waldman 730 00:37:28,280 --> 00:37:30,120 Speaker 5: is now Katie Miller, which was in my phone as 731 00:37:30,200 --> 00:37:32,920 Speaker 5: Katie Waldman because I knew her during family separation as 732 00:37:32,920 --> 00:37:35,720 Speaker 5: the junior most Press deputy at the Department of Homeland Security. 733 00:37:35,800 --> 00:37:38,760 Speaker 5: She married Stephen Miller during that policy. This is Stephen 734 00:37:38,800 --> 00:37:40,759 Speaker 5: Miller's wife. And while I told her I had to 735 00:37:40,760 --> 00:37:41,960 Speaker 5: call her back because I was about to go up 736 00:37:42,000 --> 00:37:44,520 Speaker 5: on this special report, she texted me, just like so 737 00:37:44,560 --> 00:37:46,360 Speaker 5: many other people did when I was in the Palisades, 738 00:37:46,360 --> 00:37:48,600 Speaker 5: can you go check this address. You're the only person 739 00:37:48,680 --> 00:37:51,200 Speaker 5: I know who is there. And I said, what could 740 00:37:51,239 --> 00:37:54,919 Speaker 5: this possibly be about? It was Stephen Miller's parents' house. 741 00:37:55,239 --> 00:37:57,600 Speaker 5: She asked me to go by and check and see 742 00:37:57,640 --> 00:37:59,160 Speaker 5: if it was still standing. And just like I did 743 00:37:59,200 --> 00:38:01,920 Speaker 5: for the kids that i'd oaken carpool or my brother, 744 00:38:02,200 --> 00:38:04,000 Speaker 5: more other people that called, I did. I went by 745 00:38:04,160 --> 00:38:05,800 Speaker 5: and it had burned down. And I had hoped that 746 00:38:05,800 --> 00:38:08,040 Speaker 5: it was going be this moment of like Olive Branch, 747 00:38:08,280 --> 00:38:10,959 Speaker 5: that we would find common cost. And to your point 748 00:38:10,960 --> 00:38:13,279 Speaker 5: about the recovery in the aftermath, not only was she 749 00:38:13,360 --> 00:38:16,680 Speaker 5: working for Elon Musk, who was spreading misinformation about why 750 00:38:16,719 --> 00:38:20,120 Speaker 5: the water sources had run dry during the fire and 751 00:38:20,280 --> 00:38:23,840 Speaker 5: amplifying Donald Trump's conspiracy theories about the fire during the fire, 752 00:38:24,080 --> 00:38:27,560 Speaker 5: but this is an administration that has decimated so many 753 00:38:27,600 --> 00:38:29,840 Speaker 5: of the key agencies that are going to be critical 754 00:38:29,880 --> 00:38:33,320 Speaker 5: in the recovery. National Weather Service meteorologists have been fired. 755 00:38:33,560 --> 00:38:37,520 Speaker 5: Scientists and NASA's Earth Science program that study wildfires are 756 00:38:37,560 --> 00:38:41,520 Speaker 5: on the chopping block. At NIOSH National Institute for Occupational 757 00:38:41,560 --> 00:38:43,360 Speaker 5: Safety and Health. I had stood there on the corner 758 00:38:43,360 --> 00:38:46,040 Speaker 5: in Morgantown, West Virginia, talking to some of these employees 759 00:38:46,080 --> 00:38:47,799 Speaker 5: that look out for the health and well being of 760 00:38:47,800 --> 00:38:50,520 Speaker 5: firefighters and firefighters safety at a time when there were 761 00:38:50,520 --> 00:38:52,359 Speaker 5: a risk of cancer more than ever before. I had 762 00:38:52,360 --> 00:38:55,480 Speaker 5: firefighters during this fire say because of the environmental catastrophe. 763 00:38:55,520 --> 00:38:57,880 Speaker 5: I thought during the fire and certainly after that, I'm 764 00:38:57,920 --> 00:39:00,799 Speaker 5: probably going to get cancer from battling this. And that 765 00:39:00,920 --> 00:39:05,000 Speaker 5: office was decimated by this administration during the DOGE cuts, 766 00:39:05,200 --> 00:39:06,279 Speaker 5: and the list goes on and on. 767 00:39:06,440 --> 00:39:07,520 Speaker 4: That's just a partial list. 768 00:39:07,640 --> 00:39:09,920 Speaker 5: And so when you talk about the recovery, Yeah, there 769 00:39:09,920 --> 00:39:12,680 Speaker 5: are toxic substances all over as part of these fires, 770 00:39:12,680 --> 00:39:14,600 Speaker 5: and there will be more when a fire like this 771 00:39:14,680 --> 00:39:16,799 Speaker 5: happens again. The question is how do we deal with them? 772 00:39:16,880 --> 00:39:18,279 Speaker 5: You know, the answers we have to reckon with the 773 00:39:18,280 --> 00:39:19,880 Speaker 5: fact that politics is getting in the way of us 774 00:39:19,920 --> 00:39:20,480 Speaker 5: actually doing that. 775 00:39:21,480 --> 00:39:23,880 Speaker 1: Are people rebuilding or now slowly? 776 00:39:23,920 --> 00:39:25,120 Speaker 4: I went to McNally Avenue. 777 00:39:25,200 --> 00:39:28,400 Speaker 5: McNally Avenue is the street that I interviewed Gavenusam on 778 00:39:28,640 --> 00:39:30,800 Speaker 5: for me the Pressed the Saturday after the fire started. 779 00:39:30,840 --> 00:39:32,960 Speaker 5: He and I spent I think twenty minutes there talking 780 00:39:32,960 --> 00:39:35,480 Speaker 5: about what he would do, and you know, he by 781 00:39:35,520 --> 00:39:37,680 Speaker 5: the way, you know, nobody's absolved in terms of the 782 00:39:37,680 --> 00:39:39,840 Speaker 5: politics of this, about what they've been able to do 783 00:39:39,920 --> 00:39:41,680 Speaker 5: and what they've been able to accomplish. He promised a 784 00:39:41,760 --> 00:39:44,000 Speaker 5: Marshall Plan two point zero in the wake of the fire, 785 00:39:44,040 --> 00:39:46,239 Speaker 5: and there's still a really, really long way to go. 786 00:39:46,440 --> 00:39:49,719 Speaker 5: But on McNally Avenue where I met Kate Henigan, who's 787 00:39:49,760 --> 00:39:52,279 Speaker 5: a senior JPL engineer who lost her home and her 788 00:39:52,280 --> 00:39:55,360 Speaker 5: story is detailed in the fire or Herbin Lloyda Wilson, 789 00:39:55,560 --> 00:39:58,960 Speaker 5: a married couple who met at UPS and are incredible too, 790 00:39:59,080 --> 00:40:01,840 Speaker 5: incredible working class pe people, like so many people in Altadena, 791 00:40:02,120 --> 00:40:04,480 Speaker 5: that block was it looked like it was firebombd you know, 792 00:40:04,760 --> 00:40:07,360 Speaker 5: And I was just there, I think last week, checking 793 00:40:07,400 --> 00:40:09,160 Speaker 5: up on the block again. I'm going to see them 794 00:40:09,200 --> 00:40:11,840 Speaker 5: actually tomorrow, and there's one home or two homes that 795 00:40:11,880 --> 00:40:15,160 Speaker 5: are starting to be rebuilt. It's a long way from 796 00:40:15,280 --> 00:40:17,600 Speaker 5: coming back from this, and that's the case also on 797 00:40:17,640 --> 00:40:19,480 Speaker 5: the other side of the town in the Palisades, because 798 00:40:19,719 --> 00:40:23,680 Speaker 5: in addition to becoming victims of this horrible, horrible tragedy, 799 00:40:23,719 --> 00:40:25,839 Speaker 5: we live in a city that is unaffordable. 800 00:40:25,920 --> 00:40:28,560 Speaker 1: But is it safe to rebuild there? I mean, what's 801 00:40:28,600 --> 00:40:30,840 Speaker 1: the toxicity in the groundwater? 802 00:40:31,000 --> 00:40:33,000 Speaker 4: And then, yeah, it's such a good question. 803 00:40:33,040 --> 00:40:34,520 Speaker 5: The La Times has been doing and I was with 804 00:40:34,560 --> 00:40:37,000 Speaker 5: Tony Briscoe actually last night LA Times reporter who has 805 00:40:37,000 --> 00:40:40,879 Speaker 5: done some extraordinary reporting on why the federal government didn't 806 00:40:40,920 --> 00:40:44,439 Speaker 5: do soil testing for certain toxic substances the Army Corps 807 00:40:44,480 --> 00:40:46,920 Speaker 5: of Engineers. The answer is when the La Times tested 808 00:40:46,920 --> 00:40:48,720 Speaker 5: the soil, I think, he said, because the federal government 809 00:40:48,800 --> 00:40:51,319 Speaker 5: wasn't twenty percent of the homes, if I have this right, 810 00:40:51,640 --> 00:40:54,480 Speaker 5: had the toxic substances above the level of what would 811 00:40:54,520 --> 00:40:56,960 Speaker 5: be safe to rebuild. And so the onus is on 812 00:40:57,080 --> 00:40:59,440 Speaker 5: so many home owners and people to decide whether or 813 00:40:59,480 --> 00:41:02,120 Speaker 5: not they even want to come back now knowing that 814 00:41:02,400 --> 00:41:05,319 Speaker 5: this stuff, whether it's lead or asbestos, which is in 815 00:41:05,360 --> 00:41:08,680 Speaker 5: the lungs of the firefighters who battled it, but also 816 00:41:09,160 --> 00:41:11,839 Speaker 5: in the ground. According to this reporting of so many 817 00:41:11,880 --> 00:41:13,600 Speaker 5: the people who want to come back to their homes. 818 00:41:13,760 --> 00:41:15,200 Speaker 4: I mean, what would you do. I don't know what. 819 00:41:15,239 --> 00:41:18,240 Speaker 1: I would not come back. Yeah, wouldn't you not come back? 820 00:41:18,640 --> 00:41:19,560 Speaker 4: No? I don't think so. 821 00:41:19,719 --> 00:41:22,239 Speaker 5: What's the question my own brother is facing in the Palisades. 822 00:41:22,280 --> 00:41:24,439 Speaker 5: Their daughter was born in the weeks after the fire. 823 00:41:24,520 --> 00:41:26,759 Speaker 5: They're not going back to their house anytime soon. And 824 00:41:27,080 --> 00:41:29,640 Speaker 5: it's a part of the story that this firestorm, this 825 00:41:29,760 --> 00:41:32,000 Speaker 5: hurricane of fire. I have never seen anything like it, 826 00:41:32,040 --> 00:41:33,520 Speaker 5: by the way, and I describe it in detail in 827 00:41:33,560 --> 00:41:37,560 Speaker 5: the book embers flying horizontally, buildings burning horizontally, as as 828 00:41:37,600 --> 00:41:40,240 Speaker 5: the fire flies past her face with data mount arrowinds. 829 00:41:40,480 --> 00:41:43,239 Speaker 1: I mean, as as a student of Joan Didion, as 830 00:41:43,360 --> 00:41:48,000 Speaker 1: all female journalists consider themselves to base more successfully than others. 831 00:41:48,160 --> 00:41:52,080 Speaker 1: This is what she writes, you know, she writes about 832 00:41:52,120 --> 00:41:54,640 Speaker 1: this all the time. And I do wonder how much 833 00:41:54,680 --> 00:41:57,759 Speaker 1: of this, Like, obviously, environmentally we're in a lot of 834 00:41:57,800 --> 00:42:01,480 Speaker 1: trouble and the climate has changed in numerous ways. But 835 00:42:01,520 --> 00:42:03,480 Speaker 1: I just wonder how much of this more for my 836 00:42:03,520 --> 00:42:06,879 Speaker 1: own edification, Like what is California here? And what is 837 00:42:07,200 --> 00:42:10,000 Speaker 1: because the wind stuff? I don't know the say it 838 00:42:10,080 --> 00:42:12,279 Speaker 1: to Anna, I don't know that that I mean, it 839 00:42:12,320 --> 00:42:15,920 Speaker 1: may we may see changes in the jet stream that 840 00:42:16,000 --> 00:42:18,279 Speaker 1: will create that, but we don't have that. 841 00:42:18,440 --> 00:42:19,759 Speaker 4: Yeah, I think you're right. 842 00:42:19,800 --> 00:42:23,280 Speaker 5: Nobody's written more beautifully about the Santa Annas than Johan Diddyon. 843 00:42:23,320 --> 00:42:23,600 Speaker 4: Another. 844 00:42:23,920 --> 00:42:25,640 Speaker 5: I mean, I read so many books about fire as 845 00:42:25,640 --> 00:42:27,960 Speaker 5: I was sort of researching how this possibly could happen. 846 00:42:28,080 --> 00:42:31,360 Speaker 5: Mike Davis wrote The Ecology of Fear, and he famously 847 00:42:31,960 --> 00:42:35,359 Speaker 5: made the case for letting Malibu burn in the wake 848 00:42:35,440 --> 00:42:36,320 Speaker 5: of those fires. 849 00:42:36,680 --> 00:42:39,080 Speaker 4: And the thing that makes me think. 850 00:42:38,920 --> 00:42:42,200 Speaker 5: About, in addition to really how this has been a 851 00:42:42,200 --> 00:42:45,960 Speaker 5: grieving process for so many, especially me in particular, but 852 00:42:46,080 --> 00:42:48,000 Speaker 5: tens of thousands, if not millions of people who live 853 00:42:48,040 --> 00:42:50,799 Speaker 5: here and experience their city falling apart, and then, by 854 00:42:50,800 --> 00:42:52,680 Speaker 5: the way, followed by the ice rates that happened here. 855 00:42:52,800 --> 00:42:54,080 Speaker 4: And there's intersections with all of that. 856 00:42:54,120 --> 00:42:57,080 Speaker 5: The day laborers who were working to rebuild are being 857 00:42:57,160 --> 00:42:59,720 Speaker 5: targeted by the same administration as they tried to rebuild 858 00:42:59,719 --> 00:43:02,759 Speaker 5: from the fires. An undocumented worker was killed as he 859 00:43:02,800 --> 00:43:05,600 Speaker 5: was chased from home depot across the two ten Freeway 860 00:43:05,640 --> 00:43:08,520 Speaker 5: that was engulfed under an umbrella of smoke from the 861 00:43:08,520 --> 00:43:09,920 Speaker 5: flames in January. 862 00:43:10,200 --> 00:43:11,799 Speaker 4: Yeah, climate change is a big part of this. 863 00:43:11,960 --> 00:43:14,960 Speaker 5: But when I say when I talk about a proximate causes, 864 00:43:15,200 --> 00:43:16,160 Speaker 5: it's not the only one. 865 00:43:16,280 --> 00:43:18,360 Speaker 4: And if there's anything that I have taken away from. 866 00:43:18,239 --> 00:43:21,000 Speaker 5: This is that the story that is told in my 867 00:43:21,080 --> 00:43:23,879 Speaker 5: book in Firestorm is a story that in some issuer 868 00:43:23,880 --> 00:43:26,959 Speaker 5: has already happened. Look at Lahina people literally jumping into 869 00:43:26,960 --> 00:43:30,120 Speaker 5: the ocean two years prior to run away from another 870 00:43:30,560 --> 00:43:35,680 Speaker 5: urban conflagration fueled by winds just like this, and Maui exactly, 871 00:43:35,800 --> 00:43:39,480 Speaker 5: and the campfire in Paradise in northern California. At the 872 00:43:39,480 --> 00:43:41,800 Speaker 5: beginning of Newsom told me a story. I spent a 873 00:43:41,840 --> 00:43:43,719 Speaker 5: lot of time with Newsomb for this book. He told 874 00:43:43,719 --> 00:43:46,640 Speaker 5: me a story of how when he was governor elect 875 00:43:46,640 --> 00:43:49,000 Speaker 5: and Jerry Brown was governor, Trump came out to Paradise. 876 00:43:49,040 --> 00:43:52,440 Speaker 4: What did he call it, pleasure or didn't golf Paradise? 877 00:43:52,480 --> 00:43:53,840 Speaker 4: I don't remember when he called it. 878 00:43:54,080 --> 00:43:55,640 Speaker 5: And that was the first time he had seen something 879 00:43:55,719 --> 00:43:57,920 Speaker 5: like this, But since then he has gone to fires 880 00:43:58,320 --> 00:44:02,920 Speaker 5: with similar inputs. I'm at change related inputs all over California. 881 00:44:03,120 --> 00:44:06,319 Speaker 5: The difference between the LA fires and those were this 882 00:44:06,560 --> 00:44:10,600 Speaker 5: was a urban conflagration, This was a city in multiple 883 00:44:10,640 --> 00:44:14,120 Speaker 5: locations because of the winds that you describe ember cast 884 00:44:14,239 --> 00:44:17,279 Speaker 5: that went for miles and miles things for catching on fire, 885 00:44:17,320 --> 00:44:20,040 Speaker 5: miles away from the front lines of the blaze, and 886 00:44:20,200 --> 00:44:22,760 Speaker 5: that in terms of climate, in terms of the mountain 887 00:44:22,800 --> 00:44:25,160 Speaker 5: wave winds that were predicted by the National Weather Service 888 00:44:25,200 --> 00:44:27,640 Speaker 5: workers colleagues of the guys that had been fired by 889 00:44:27,680 --> 00:44:30,840 Speaker 5: this administration since then, that was the thing to me 890 00:44:30,960 --> 00:44:33,440 Speaker 5: on the ground, and as you'll read about, that was 891 00:44:33,440 --> 00:44:36,840 Speaker 5: the most the most unbelievable thing to experience physically, you know, 892 00:44:36,880 --> 00:44:39,319 Speaker 5: I could. I remember one night it was almost Stephanie Rule. 893 00:44:39,480 --> 00:44:40,759 Speaker 5: It was the first night of the fire. I could 894 00:44:40,800 --> 00:44:41,520 Speaker 5: barely stand. 895 00:44:41,320 --> 00:44:43,080 Speaker 1: Up straight right because it was so winding. 896 00:44:43,320 --> 00:44:44,640 Speaker 4: It wouldn't even feel like wind. 897 00:44:44,680 --> 00:44:47,040 Speaker 5: It felt like you were being picked up and thrown 898 00:44:47,080 --> 00:44:51,279 Speaker 5: around every direction you could imagine within seconds. And that's 899 00:44:51,280 --> 00:44:53,160 Speaker 5: why when people want to point a finger at what 900 00:44:53,280 --> 00:44:55,799 Speaker 5: happened here, I'm not so sure that there will ever 901 00:44:55,880 --> 00:44:58,680 Speaker 5: be one person to blame. There'll be plenty of investigative 902 00:44:58,719 --> 00:45:01,719 Speaker 5: reporting about like could there been more fire trucks preposition, 903 00:45:01,840 --> 00:45:04,120 Speaker 5: should Karen mass have been back from Ghana in time? 904 00:45:04,400 --> 00:45:05,920 Speaker 4: Could Kevin Usom have done anything differently? 905 00:45:05,960 --> 00:45:08,759 Speaker 5: Should the reservoir have been full in the Palisades, you know, 906 00:45:09,000 --> 00:45:11,080 Speaker 5: you name it, and then investigative reporting will go on 907 00:45:11,120 --> 00:45:13,239 Speaker 5: for years and years and years. But the reality is, 908 00:45:13,440 --> 00:45:16,760 Speaker 5: once those these guys predicted it, once the fire sparked, 909 00:45:17,280 --> 00:45:19,359 Speaker 5: there was nothing you could do to stop it. And 910 00:45:19,960 --> 00:45:22,600 Speaker 5: that's what I hope I captured well in the book, 911 00:45:22,880 --> 00:45:26,000 Speaker 5: which is that this was once the train went off 912 00:45:26,040 --> 00:45:28,560 Speaker 5: the tracks, there was no turning back. And that's where 913 00:45:28,560 --> 00:45:30,319 Speaker 5: the politics of the moment really took this to a 914 00:45:30,320 --> 00:45:31,239 Speaker 5: place that didn't need to go. 915 00:45:31,600 --> 00:45:34,200 Speaker 1: Yeah, Jacob sober Off, I hope you'll come. 916 00:45:34,120 --> 00:45:38,040 Speaker 4: Back anytime, Molly for you anything anytime. Thanks for caring 917 00:45:38,040 --> 00:45:38,600 Speaker 4: about La. 918 00:45:38,920 --> 00:45:41,360 Speaker 1: Oh yeah, we love La. 919 00:45:41,440 --> 00:45:42,440 Speaker 4: Thanks for having me on. 920 00:45:44,440 --> 00:45:49,120 Speaker 1: No moment, Jesse Canna Malli. 921 00:45:49,239 --> 00:45:52,359 Speaker 2: There is some blockbuster reporting from four h four media 922 00:45:52,400 --> 00:45:54,960 Speaker 2: who continues to kill it. And this is some of 923 00:45:55,000 --> 00:45:57,479 Speaker 2: the most disturbing report egg I've seen it a while, 924 00:45:57,520 --> 00:46:00,959 Speaker 2: which is that ICE now has a tool that uses 925 00:46:01,000 --> 00:46:05,200 Speaker 2: surveillance technology to track phones without a warrant and follow 926 00:46:05,320 --> 00:46:08,680 Speaker 2: their owner's home or to their employer. Yeah. 927 00:46:08,719 --> 00:46:14,000 Speaker 1: So this is a great example of how we don't 928 00:46:14,040 --> 00:46:17,200 Speaker 1: really know what's happening here, but ICE has billions of 929 00:46:17,280 --> 00:46:20,680 Speaker 1: dollars like billions and billions and billions of dollars. These 930 00:46:20,719 --> 00:46:25,600 Speaker 1: are these two surveillance systems called Tangle and Weblock. And 931 00:46:25,880 --> 00:46:29,240 Speaker 1: there are surveillance systems. They were purchased by ICE. ICE, remember, 932 00:46:29,280 --> 00:46:33,120 Speaker 1: has a gazillion dollars. Weblock can track phones without a 933 00:46:33,200 --> 00:46:37,480 Speaker 1: warrant and follow their owners home or to their employers. Okay, 934 00:46:37,719 --> 00:46:41,319 Speaker 1: so first of all, we really have ICE operating in 935 00:46:41,520 --> 00:46:45,320 Speaker 1: like an extra legal you know, they're operating like Donald Trump. 936 00:46:45,400 --> 00:46:48,120 Speaker 1: They just don't think the law applies to them. So 937 00:46:48,360 --> 00:46:51,279 Speaker 1: and here's this will have sort of you will have 938 00:46:51,400 --> 00:46:55,080 Speaker 1: your city, neighborhood or block will be monitored by ICE. 939 00:46:55,160 --> 00:46:57,640 Speaker 1: They can track the movement of the devices and their 940 00:46:57,640 --> 00:47:00,480 Speaker 1: owners over time, follows them from places of work to 941 00:47:00,560 --> 00:47:04,080 Speaker 1: other locations. According to the material that describes how the 942 00:47:04,120 --> 00:47:08,520 Speaker 1: system works from four four Media, it's really scary. It 943 00:47:08,719 --> 00:47:11,800 Speaker 1: is stalking. It should not be illegal. It's a huge 944 00:47:11,920 --> 00:47:16,239 Speaker 1: violation of our civil liberties. You know, maybe it's for deportation, 945 00:47:16,520 --> 00:47:19,839 Speaker 1: maybe it's for intimidation, maybe it's for any number of things. 946 00:47:19,840 --> 00:47:24,759 Speaker 1: I mean, for example, Renee Good was not a danger. 947 00:47:25,040 --> 00:47:27,160 Speaker 1: Even if she had been a danger, she should not 948 00:47:27,239 --> 00:47:29,640 Speaker 1: have been murdered. But she wasn't a danger, and she 949 00:47:29,920 --> 00:47:33,200 Speaker 1: wasn't here illegally, and she wasn't the worst of the worst. 950 00:47:33,320 --> 00:47:35,480 Speaker 1: In fact, she was an American citizen who had just 951 00:47:35,560 --> 00:47:37,440 Speaker 1: dropped out for a six year old at school. So 952 00:47:37,560 --> 00:47:41,040 Speaker 1: we know these people. They are not focused on the worst, 953 00:47:41,080 --> 00:47:45,040 Speaker 1: the worst. They're just focused on hurting people and doing 954 00:47:45,120 --> 00:47:50,680 Speaker 1: Trumpism and blaming people for getting her. And so here 955 00:47:50,719 --> 00:47:55,480 Speaker 1: we are, ladies and gentlemen, mass deportation now right, it 956 00:47:55,560 --> 00:47:58,319 Speaker 1: wasn't a vibe. It was what they were thinking. And 957 00:47:58,400 --> 00:48:01,960 Speaker 1: by the way, none of that was about deportation. Right. 958 00:48:01,960 --> 00:48:04,719 Speaker 1: It was about violence, it was about hurting people, It 959 00:48:04,800 --> 00:48:10,200 Speaker 1: was about crackdown retribution. Yeah, that's it for this episode 960 00:48:10,280 --> 00:48:16,360 Speaker 1: of Fast Politics. Tune in every Monday, Wednesday, Thursday and 961 00:48:16,640 --> 00:48:20,640 Speaker 1: Saturday to hear the best minds and politics make sense 962 00:48:20,680 --> 00:48:25,040 Speaker 1: of all this chaos. If you enjoy this podcast, please 963 00:48:25,040 --> 00:48:28,120 Speaker 1: send it to a friend and keep the conversation going. 964 00:48:28,560 --> 00:48:29,680 Speaker 1: Thanks for listening.