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Speaker 1: Hey, guys, ready or not, twenty twenty four is here

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Speaker 1: and we here at breaking points, are already thinking of

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Speaker 1: ways we can up our game for this critical election.

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Speaker 2: We rely on our premium subs to expand coverage, upgrade

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Speaker 2: the studio ad staff give you, guys, the best independent

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Speaker 2: coverage that is possible. If you like what we're all about,

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Speaker 2: it just means the absolute world to have your support.

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Speaker 2: But enough with that, let's get to the show. Good morning, everybody,

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Speaker 2: Happy Tuesday.

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Speaker 3: We have an amazing show for everybody today.

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Speaker 1: What do we have, Crystal, Indeed, we do lots of

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Speaker 1: interesting stories that we have to bring you this morning.

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Speaker 1: So first of all, we have the start of a

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Speaker 1: trial date in one of Trump's many trials, and we

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Speaker 1: have a rapidly filling out calendar of trial and political

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Speaker 1: and so it's all pretty well. We'll break that down

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Speaker 1: for you. We've also got some new polls revealing just

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Speaker 1: how Americans actually feel about both Donald Trump and Joe Biden,

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Speaker 1: so will bring you those numbers, new dire economic predictions,

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Speaker 1: and some new dire economic numbers. We've also got a

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Speaker 1: major hurricane that is set to hit the state of Florida.

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Speaker 1: We'll bring you updates on that and a little bit

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Speaker 1: of a tiff I guess between the veak Ramaswami and

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Speaker 1: Eminem he famously as his character dot bake like to

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Speaker 1: wrath mnem he did at the Iowa State Fair. Eminem

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Speaker 1: is now responding. So we've got all of that for you.

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Speaker 1: But before we get into any of that, thank you

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Speaker 1: so much to everybody's been signing up to be premium subscribers.

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Speaker 1: We revealed yesterday we are in the works to get

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Speaker 1: a focus group going. That is thanks to your support

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Speaker 1: and you guys back in this channel.

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Speaker 3: Yes, that's right.

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Speaker 2: We are actively working, scheduling, working in all the details

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Speaker 2: right now. Everybody's signing up. We took advantage of the

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Speaker 2: debate special and continues to sign up. Now, you guys

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Speaker 2: are just helping us out so much. These two things

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Speaker 2: do cost a lot of money. There's a lot of

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Speaker 2: travel involved. We're working with various different firms, et cetera,

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Speaker 2: and we want try and bring you the best possible

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Speaker 2: coverage and the networks all have you know, big pharma

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Speaker 2: advertisers and all those other people. We only have you,

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Speaker 2: so Breakapoints dot com. If you are able to sign up,

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Speaker 2: it really does help us a lot. But with that,

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Speaker 2: let's get to the trial.

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Speaker 1: Yes, indeed, so let's go and put this up on

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Speaker 1: the screen. We have a trial date set now in

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Speaker 1: the federal case for Donald Trump where he is charged

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Speaker 1: with plotting to overturn the election. This is one of

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Speaker 1: the Jacksmith cases. This is the one directly related to

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Speaker 1: the fake elector's plot in January sixth and all of

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Speaker 1: that stuff. So a judge on Monday set a March fourth,

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Speaker 1: twenty twenty four, trial date for Donald Trump in that case,

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Speaker 1: rejecting they say, a defense request to push the case

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Speaker 1: back years. It was not quite as expedited as Special

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Speaker 1: Counsel Jack Smith wanted. He wanted that date to be

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Speaker 1: in January, but it was, you know, much closer to

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Speaker 1: his date than what the defense was pushing for. They

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Speaker 1: wanted to push this all the way out, I think,

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Speaker 1: until twenty six. There's something very noteworthy about March fourth,

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Speaker 1: and that is that it is right next to Super Tuesday.

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Speaker 1: So let's put this next piece up on the screen.

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Speaker 1: We've compiled a graphic of all of the rapidly filling dates,

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Speaker 1: the very full calendar that Donald Trump is going to

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Speaker 1: be facing here with what we know of his trial

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Speaker 1: dates plus the key points in the election. So September sixth,

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Speaker 1: he's arraigned in Georgia. September twenty seventh, this second GUOP debate,

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Speaker 1: we'll safety participates. October second, we've got the trial in

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Speaker 1: the Trump Org civil fraud suit. Later that month, we've

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Speaker 1: got the first trial in the Georgia case. Now that

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Speaker 1: is the trial of Kenneth Cheeseboro, but is expected that

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Speaker 1: Trump may be involved, may be called as a witness.

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Speaker 1: On January fifteenth, we've got the Iowa Republican caucuses, and

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Speaker 1: we also have the start of the trial in the

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Speaker 1: Ejene Carroll civil defamation suit. Let's going to put the

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Speaker 1: next one up on the screen because we are far

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Speaker 1: from done. January twenty ninth, the trial in the Pyramid

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Speaker 1: Scheme class action suit. This is some Trump Org stuff

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Speaker 1: that I genuinely didn't even know what was going on,

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Speaker 1: but apparently it is. And it starts on January twenty ninth.

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Speaker 1: On February sixth, we have the Nevada Republican primary. On

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Speaker 1: February twenty seventh, we've got the Michigan Republican primary. And

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Speaker 1: then on March fourth, the trial starts in the federal

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Speaker 1: January sixth case. The very next day is the Super

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Speaker 1: Tuesday primaries. Then we go on later in March. We've

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Speaker 1: got the trial in the New York State criminal hush

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Speaker 1: money case. That's the Stormy Daniels one and last graphic

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Speaker 1: that we have. And of course this is not complete

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Speaker 1: because we don't know all of the trial dates and

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Speaker 1: when they start yet. May fourteenth we've got pre trial

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Speaker 1: hearing in the classified Documents case, and May twentieth the

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Speaker 1: trial in the Classified Documents case. So this is the

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Speaker 1: campaign schedule, guys. It's going to be a lot less

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Speaker 1: about debates and policy and all of the things that

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Speaker 1: we would aspirationally want our democracy to be about, and

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Speaker 1: much more about the unfoldings and the doings and workings

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Speaker 1: of these trials, which are going to occupy a lot

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Speaker 1: of the former presidence time as we head into the

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Speaker 1: heat of twenty twenty four.

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Speaker 2: Yeah, and I think that the judge made a mistake

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Speaker 2: here putting it in March. Obviously the Trump people are

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Speaker 2: being ridiculous.

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Speaker 3: I even think that the Jack Smith trial date proposed

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Speaker 3: date is too late.

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Speaker 2: I mean, you can't be having these things around actual

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Speaker 2: election season. It needs to try and be wrapped up before,

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Speaker 2: and so it's August twenty ninth right now. I mean,

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Speaker 2: I don't see any reason why it can't happen sometime

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Speaker 2: in twenty twenty three. It's you know, the lawyers are like,

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Speaker 2: oh it takes listen. I understand that. But from an

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Speaker 2: actual small d democratic perspective, having the trial date set

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Speaker 2: the day before where he will be down there ahead

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Speaker 2: of Super Tuesday when dozens of states head to the

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Speaker 2: polls in the primary is insane. And then also to

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Speaker 2: have it the January trial the civil I mean, look,

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Speaker 2: at least that one is civil, But to have that

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Speaker 2: one on the same day as Iowa, weren't we also

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Speaker 2: talking about the other case that was happening that we

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Speaker 2: saw where some of the some of the proposed dates

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Speaker 2: are in May of twenty twenty four, post Super Tuesday.

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Speaker 2: To have all of these things happen, the Trump team,

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Speaker 2: of course, is going to use this opportunity to say, oh,

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Speaker 2: it should all happen after the election.

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Speaker 3: I think that's ridiculous.

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Speaker 2: But I think the American people deserve to act, actually

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Speaker 2: have some sort of finality, and even the Republican voter

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Speaker 2: have some sort of like final say on the most

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Speaker 2: consequential cases like these, far far ahead before they go

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Speaker 2: ahead and head to the polls.

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Speaker 3: And also, obviously, Crystal, as you and I know, this

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Speaker 3: is only going to.

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Speaker 2: Help Trump in a primary situation. I will save my

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Speaker 2: speculation for what on the general electorate. I've long long

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Speaker 2: ago given up on any idea of what will happen

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Speaker 2: when everybody actually does go to the polls on.

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Speaker 3: The GOP primary.

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Speaker 2: We have ample evidence enough to show us that this

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Speaker 2: is the best thing that could ever happen to him.

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Speaker 3: Yeah, for winning the nomination.

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Speaker 1: Yeah, I mean it all does beg the question why

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Speaker 1: did it take so long for these charges to drop?

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Speaker 1: I mean, that's really you know, I don't really blame

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Speaker 1: Jack Smith because he wasn't appointed special counsel, he wasn't

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Speaker 1: handed this until relatively recently, and so to conduct an

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Speaker 1: investigation and do it in a like proper and thorough manner,

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Speaker 1: that timeline makes sense to me. Even the documents case

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Speaker 1: like that timeline also makes sense to me because they

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Speaker 1: were trying to go back and forth with Trump, and

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Speaker 1: they were genuinely seen like they were trying to do

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Speaker 1: everything they could before taking the more aggressive stance of

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Speaker 1: the FBI rate and then ultimately being sort of like

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Speaker 1: having their hand for us and filing charges. But I

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Speaker 1: don't know why Fulton County took so long.

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Speaker 3: It's ridiculous.

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Speaker 1: I don't know why Merret Garland took so damn long

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Speaker 1: to appoint Jack Smith as special counsel. I mean literally,

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Speaker 1: this should have been done on like day one of

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Speaker 1: the administration. Like we knew what unfolded on January sixth,

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Speaker 1: We knew there were potential crimes there, So what were

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Speaker 1: you all waiting around for? And that's what to me

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Speaker 1: is very frustrating. I mean, listen, the Trump people were

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Speaker 1: always going to say this is political, no matter what

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Speaker 1: the facts are, no matter what the timeline was, et cetera.

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Speaker 1: If they had a point of special counsel on day

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Speaker 1: one of the Biden administration, they was So that was

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Speaker 1: clearly political. You know that it happened right out at

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Speaker 1: the gates. But I care much more about the American

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Speaker 1: people being able to evaluate all of these charges and

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Speaker 1: its potential guild or innocence and have this play out

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Speaker 1: before election season really kicks off. And I think by

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Speaker 1: them dawdling and dragging their feet for whatever reason. I

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Speaker 1: think they have really you know, just made the election

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Speaker 1: very difficult, really undermined, you know, undermine democracy in a

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Speaker 1: certain sense, because now no one's gonna be talking about, Hey,

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Speaker 1: what's your tax plan, Hey, what's your foreign policy plan? Hey,

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Speaker 1: you know, what are we going to do in terms

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Speaker 1: of getting people a better wage? None of that is

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Speaker 1: really going to be the center of this campaign. And

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Speaker 1: that's really kind of a It's a huge loss.

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Speaker 2: And it's a huge disass it's a massive loss, and

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Speaker 2: it's a huge disservice by Merrick Garland and the Biden

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Speaker 2: Department of Justice.

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Speaker 3: If you're going to do it, then do it. You know,

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Speaker 3: you guys could have done it on literally on day one.

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Speaker 2: You could have come into office and I'm appointing a

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Speaker 2: special counsel on January sixth.

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Speaker 3: They decided not to go. As you said, I'll back

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Speaker 3: it up.

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Speaker 2: On the document's case, because that was a timeline that

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Speaker 2: actually did take months. They charged relatively quickly actually considering

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Speaker 2: all the things that happened. But both on Fulton County

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Speaker 2: and on this I mean, it's very difficult not to

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Speaker 2: read it as an actual attempt to influence the election.

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Speaker 1: I mean, what do you think actual, why do you

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Speaker 1: think they actually waited, Because my theory is effectively like,

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Speaker 1: I don't know, maybe they deluded themselves into thinking that

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Speaker 1: Trump would just go away and they wouldn't have to

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Speaker 1: do the uncomfortable thing of charge in the former president.

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Speaker 2: My theory is that they didn't know which where they

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Speaker 2: stood on the ground of popular opinion on stop the steal.

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Speaker 2: They probably had the opinion that January sixth and all

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Speaker 2: that they're like, well, maybe the American people don't care

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Speaker 2: as much stop the steal, et cetera.

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Speaker 3: Then the midterms happened, and like, oh, actually they do

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Speaker 3: care a lot.

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Speaker 2: Why don't we go ahead and you know, hammer this

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Speaker 2: thing home not a bad thing in order to remind

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Speaker 2: the American people about what happened on January sixth in

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Speaker 2: the run up to the election. I genuinely believe it

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Speaker 2: is that political in terms of its base instinct.

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Speaker 3: If you were to think about the way that this

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Speaker 3: all happened too.

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Speaker 2: With the January sixth case, they made the decision, you know,

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Speaker 2: previously not to go ahead with these charges. They turned

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Speaker 2: it over as a matter of course to Jack Smith

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Speaker 2: under the fold of the document's case, not as one

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Speaker 2: of his main mandates.

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Speaker 3: But Jack Smith then goes ahead and decides to prosecute. So,

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Speaker 3: I mean, I don't know.

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Speaker 2: That's a very difficult one in order to get around.

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Speaker 2: They decided not to prosecute, then he decides to prosecute.

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Speaker 2: They can't do anything because it's got special prosecutor status.

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Speaker 2: But I mean, again to the political and the actual

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Speaker 2: electoral aspects. So there's a funny clip here from CNN

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Speaker 2: where they air what the Dream of the Liberal like

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Speaker 2: the Capital L Liberal MSNBC. CNN viewers like, oh, this

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Speaker 2: is obviously going to take him out, But here they

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Speaker 2: air a very countervailing opinion, which I do think has

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Speaker 2: a lot of truth behind it.

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Speaker 3: Let's take a listen.

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Speaker 4: I know that Democrats look at this race and think, well,

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Speaker 4: we'll probably do pretty well against Donald Trump. But there's

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Speaker 4: a real reality here of being careful what you wish for.

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Speaker 4: That's exactly what Democrats thought in twenty sixteen. They thought

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Speaker 4: there was no way that Donald Trump could beat Hillary Clinton,

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Speaker 4: and he did, and we saw what the results were

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Speaker 4: from that. I'd tell democrats be really careful of what

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Speaker 4: you wish for on this No, I mean, he's.

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Speaker 2: Right, there's a good chance that Donald Trump could win. Yeah,

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Speaker 2: there's a good chance that Donald Trump can win. Remember

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Speaker 2: what Harry Enton said on their own network. Yeah, so

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Speaker 2: he said, He's like, look, he's doing better in his

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Speaker 2: polls against Biden than he did against Hillary. And he's

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Speaker 2: doing better against the Poles and Biden than he did

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Speaker 2: against Biden twenty twenty. I mean things, as much as

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Speaker 2: people want him to be gone, there is no evidence

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Speaker 2: at all this current case or any of that against

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Speaker 2: him has had a major impact.

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Speaker 3: Now, look, he hasn't gone to trial, but at this point,

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Speaker 3: I mean, how many Americans have seen the mugshot?

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Speaker 2: Like, how many Americans are veryly aware that Trump is

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Speaker 2: indicted and or being prosecuted for something.

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Speaker 3: Some people say that they won't voform. We'll see. I

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Speaker 3: mean it's one of those.

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Speaker 2: But poll after pole after pole after pole shows that

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Speaker 2: he has strength. Now, look, they all could be totally wrong.

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Speaker 2: We could have a same miss that we had in

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Speaker 2: twenty twenty two. We vastly underestimated the revulsion at stopped

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Speaker 2: the steel. I don't want to rule that out whatsoever.

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Speaker 2: But does he have a chance. Absolutely has a chance.

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Speaker 2: And they just they they think this is the silver

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Speaker 2: bullet when I think it actually gets us even much

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Speaker 2: closer to a precipice of some sort of disaster in

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Speaker 2: twenty twenty four.

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Speaker 1: If you are the nominee of one of the two

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Speaker 1: major parties, you have a chance. Yeah, no matter who

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Speaker 1: you are, no matter how many indictments, no matter how

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Speaker 1: guilty you are of how many crimes, You've got a chance.

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Speaker 1: And I don't think anyone should delude themselves about that now.

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Speaker 1: I do think that all of the weight of these

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Speaker 1: charges and the prospect of jail time, and just the

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Speaker 1: constant reminder of the mess and the chaos that was

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Speaker 1: President Donald Trump, I do think that that weighs on

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Speaker 1: in general electerate. But if you look at the polls

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Speaker 1: right now, it is literally tied. It's literally tied. And

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Speaker 1: I think Democrats should do a lot of soul searching

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Speaker 1: about how they could possibly how their guy who's the

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Speaker 1: incumbent president, could possibly be tied with this guy, who,

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Speaker 1: in my opinion, is a criminal, who is thoroughly corrupt.

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Speaker 1: We're about to get to the fact that the American

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Speaker 1: people also think that he is thoroughly corrupt. How are

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Speaker 1: you tied with this dude? And don't tell me it's misinformation,

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Speaker 1: or don't tell me it's whatever cope that they love

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Speaker 1: to roll out, or Americans just don't realize how good

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Speaker 1: the economy actually is, etc.

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Speaker 2: No, you have.

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Speaker 1: Failed if you are in a jump ball with this

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Speaker 1: dude that Americans were very happy to get rid of,

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Speaker 1: and who has a thirty one percent approval rating, and who,

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Speaker 1: as we show you yesterday, about sixty percent of the

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Speaker 1: country on every one of these charges, thinks that he's

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Speaker 1: guilty and you're tied with him. I mean, that's astonishing.

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Speaker 1: And if you think about it also in terms of

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Speaker 1: all their you know, they really want to unite this

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Speaker 1: anti Trump coalition. Their whole message isn't about hey, we're

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Speaker 1: going to do anything for you, it's just about stopping Trump. Well,

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Speaker 1: if your core commitment really is stopping Trump, you need

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Speaker 1: to look in the mirror about your commitment to propping

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Speaker 1: up Joe Biden, who clearly is an incredibly weak candidate

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Speaker 1: going into twenty twenty four. If you really wanted to

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Speaker 1: beat Donald Trump, you would actually have a competitive Democratic

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Speaker 1: primary so that voters had an opportunity to back a

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Speaker 1: candidate that they aren't afraid is going to not make

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Speaker 1: it through the next term and leave us with Kamala

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Speaker 1: Harris as president. If you actually wanted to defeat Donald Trump,

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Speaker 1: that's what you would do, so that people had an

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Speaker 1: opportunity to participate in democracy and be able to evaluate

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Speaker 1: the candidates and come up with the strongest choice to

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Speaker 1: defeat this bid. But they have no interest in doing

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Speaker 1: that because ultimately they're more concerned with keeping their grip

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Speaker 1: on power within the democratic establishment than they really are

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Speaker 1: committed to beating Donald Trump.

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Speaker 2: Yeah, and you know, for all of the talk of corruption,

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Speaker 2: it's like, if you were to go ask a Republican voter,

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Speaker 2: they'd be like, all right, well, Biden's corrupt, and you're like, yeah,

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Speaker 2: I mean it's kind of true. And it's like, we're well,

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Speaker 2: wolcome nobody talks about you know, Hunter Biden or any

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Speaker 2: of that.

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Speaker 3: This isn't what aboutism.

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Speaker 2: I'm just demonstrating that when you don't allow like an

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Speaker 2: actual free discussion of this, particularly in the media or

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Speaker 2: the Democratic primary.

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Speaker 3: Yeah, you know, to have a MARYN.

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Speaker 2: Williamson and RFK Junior actually call out Biden or any

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Speaker 2: of this on the stage, have him account for it.

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Speaker 2: The Democratic primary voters and others could say, well, we

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Speaker 2: had a reasonably fair process where these things were aired.

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Speaker 2: But when you push it down to silence, and then

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Speaker 2: you also see the other candidate who's being actively prosecuted,

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Speaker 2: it's like, well, you know, it's very difficult in order

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Speaker 2: to draw this different conclusion. And it comes back to

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Speaker 2: the fact that for a lot of people, and we

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Speaker 2: talked about this, We have a segment dropping over the weekend.

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Speaker 3: I think people will enjoy it.

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Speaker 2: About tribalism and about how negative partisanship is at all

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Speaker 2: time high levels. That's exactly how you get to this situation.

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Speaker 2: You have no ability in order to positively win over.

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Speaker 2: The slice of the electorate that can be positive and

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Speaker 2: over is smaller and smaller, and they feel equal revulsion,

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Speaker 2: it seems with a lot of these candidates and are

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Speaker 2: much more voting in terms of choosing the lesser of

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Speaker 2: two evils, which is you know, I mean, as we said,

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Speaker 2: that's a terrible way in order to run your democracy.

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Speaker 2: One thing though, that we wanted to flag for people.

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Speaker 2: I've said this before. Let's put this up there please

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Speaker 2: on the screen. This is actually a right up of

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Speaker 2: about Reuter's IPSOS poll which shows that the majority of

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Speaker 2: Americans super majority, Actually nearly sixty percent of Americans say

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Speaker 2: they quote have at least a fair amount of trust injuries.

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Speaker 2: And why that matters is this is something I flagged previously.

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Speaker 2: We're talking about Trump. I mean, look, we're anti institutionals

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Speaker 2: here of whatever it comes to some of whatever it

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Speaker 2: comes to discussion around Trump. That said, whenever a large

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Speaker 2: segment of this country still has kind of like a

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Speaker 2: normy belief in the justice system, they're like, Oh, these institutions,

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Speaker 2: they're not corrupt, They're they're following the.

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Speaker 3: Rule of law.

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Speaker 2: Got muggsh I got arrested. It's got to be you know,

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Speaker 2: where there's smoke, there's fire. I think you said that

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Speaker 2: last time. So if they do have a jury ostensibly

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Speaker 2: of peers convict Trump here in Washington, DC or others,

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Speaker 2: there could be some trust in that system by more

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Speaker 2: independent voters because they think that there's no way that

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Speaker 2: they would have voted to convict him if there wasn't

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Speaker 2: some sort.

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Speaker 3: Of fair conclusion.

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Speaker 2: That's my one flag too for people is like, for

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Speaker 2: some independent minded voters, the fact that he faces these

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Speaker 2: legal troubles and if he is convicted, that could I

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Speaker 2: wouldn't say it's disqualifying entirely, but it could marginally impact

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Speaker 2: the amount of people to vote for him, and in

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Speaker 2: a close election, that could matter a lot when it

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Speaker 2: comes to the pulse.

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Speaker 1: So with regards to jurors, most Americans, especially Americans actually

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Speaker 1: who have served on juries before, have faith in you know,

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Speaker 1: jury of their peers. That I think the fact that

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Speaker 1: this is not a bunch of elites, it's ordinary citizens

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Speaker 1: who sign up for this, well, don't sign up or

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Speaker 1: selected for this civic duty and show up and do

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Speaker 1: their part like that has kept this an institution that

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Speaker 1: has a relatively high amount of faith. So about sixty

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Speaker 1: percent of Americans say they have at least some amount

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Speaker 1: of trust in juries according to a recent survey. But

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Speaker 1: when you ask specifically about Trump's trials, a majority of Americans, Democrats, Republicans,

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Speaker 1: and independance said they did not think the courts would

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Speaker 1: be able to see impartial jurors. So it comes to

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Speaker 1: Trump specifically, and I mean it sort of makes sense, soccer,

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Speaker 1: because everyone's feelings about this man are so hardened, like

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Speaker 1: it would be kind of impossible to get I don't know,

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Speaker 1: a jury that's been living under a rock for the

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Speaker 1: past in the past eight years and hasn't formed some

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Speaker 1: sort of an opinion about Donald Trump and whether he's

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Speaker 1: a hero or whether he's a criminal. So I do

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Speaker 1: think it'll be tough for them to go through this

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Speaker 1: jury process and come up with people who really truly

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Speaker 1: have an open mind in terms of hearing the evidence

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Speaker 1: and deciding where they stand. Obviously, the Trump team has

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Speaker 1: been trying to make a lot of hay about you know, DC,

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Speaker 1: which is a jurisdiction that votes overwhelmingly democratic. It's actually

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Speaker 1: the most democratic voting jurisdiction in the entire country. So

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Speaker 1: they've been trying to make a lot of hay about

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Speaker 1: that and to place plant the seed in people's minds

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Speaker 1: that you can't possibly get a jury that is going

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Speaker 1: to be fair and impartial in this city. So you know,

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Speaker 1: that's going to be kind of a continuing ongoing conversation.

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Speaker 1: But just to some all of this up, to be

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Speaker 1: totally clear about how I feel about this, which I

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Speaker 1: think people know. I think you can hold two thoughts

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Speaker 1: in your mind, which is that the charges are appropriate,

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Speaker 1: which is what I believe, and I do think that he,

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Speaker 1: you know, committed these crimes. He deserves to have his

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Speaker 1: day in court and present all of his evidence, et cetera.

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Speaker 1: You look at the documents trial, it's pretty hard for

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Speaker 1: me to see what their defense is. You know, I

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Speaker 1: do think the charges on January sixth in Fulton County,

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Speaker 1: et cetera, are you know, pretty clear and also appropriate.

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Speaker 1: You can believe that and also think that, yeah, there's

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Speaker 1: a lot of politics involved here, and I think the

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Speaker 1: timing of it is the perfect case in point. Why

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Speaker 1: did they wait to this point? What was theation that

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Speaker 1: led to all of these things unfolding right in the

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Speaker 1: midst of a campaign season instead of what would have

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Speaker 1: been a real service to the American public if you

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Speaker 1: were going to file charges to it as soon as possible,

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Speaker 1: so people have an opportunity to evaluate all of this

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Speaker 1: on its own merits before we're in a campaign season.

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Speaker 1: So for my part, that's the way I feel about

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Speaker 1: all that, and I think.

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Speaker 2: That's very reasonable, I think for maybe people to look

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Speaker 2: at it, But unfortunately, I think a lot of this

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Speaker 2: is going to get lost in the parsan muck and

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Speaker 2: on cable news. Let's go over to age the discussion

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Speaker 2: around age. President Biden would be the oldest man to

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Speaker 2: ever be re elected to the oval office, who'd be

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Speaker 2: eighty six years old, should he be re elected on

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Speaker 2: the day that he would actually leave the White House?

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Speaker 3: Should he live to serve that long?

437
00:19:46,880 --> 00:19:49,919
Speaker 2: And the American people are very not only cognizant of it,

438
00:19:49,960 --> 00:19:51,919
Speaker 2: they're not very happy about the fact that they have

439
00:19:52,000 --> 00:19:54,520
Speaker 2: such old men who are running for president. And the

440
00:19:54,520 --> 00:19:57,439
Speaker 2: White House was actually confronted with that yesterday. Let's take

441
00:19:57,480 --> 00:20:00,880
Speaker 2: a lesson a new ap full ass American and don't

442
00:20:00,880 --> 00:20:02,720
Speaker 2: open any question on her thoughts on the president.

443
00:20:02,960 --> 00:20:05,000
Speaker 3: And the most congresponse has to do with his age,

444
00:20:05,440 --> 00:20:06,000
Speaker 3: how old he.

445
00:20:05,960 --> 00:20:08,280
Speaker 2: Has told the president of history if this waight up

446
00:20:08,320 --> 00:20:12,960
Speaker 2: some additional plans to demonstrate that he can't continue to.

447
00:20:12,000 --> 00:20:14,200
Speaker 3: Do the job at his advanced age, and kind of

448
00:20:14,280 --> 00:20:15,240
Speaker 3: lays and of those concerns.

449
00:20:15,280 --> 00:20:17,400
Speaker 5: I mean, look, look, I appreciate the question. I get

450
00:20:17,520 --> 00:20:22,280
Speaker 5: I get it often, as you know. And what I

451
00:20:22,280 --> 00:20:24,160
Speaker 5: would say, and I've said this many times, and many

452
00:20:24,200 --> 00:20:25,280
Speaker 5: of my colleagues have said this.

453
00:20:25,800 --> 00:20:26,800
Speaker 3: The president says this.

454
00:20:27,000 --> 00:20:28,960
Speaker 5: If you watch him, if you've seen what he's done

455
00:20:29,000 --> 00:20:31,520
Speaker 5: the last two years, this is a president has had

456
00:20:31,560 --> 00:20:35,320
Speaker 5: a historic administration. But that is important, and so that's

457
00:20:35,359 --> 00:20:38,960
Speaker 5: what we will happily, happily to discuss as we as

458
00:20:38,960 --> 00:20:41,120
Speaker 5: it relates to age what the president has been able

459
00:20:41,160 --> 00:20:43,119
Speaker 5: to do and how he's been able to deliver.

460
00:20:43,560 --> 00:20:46,160
Speaker 3: Well, all right, you can discuss it. Let's be real.

461
00:20:46,160 --> 00:20:48,120
Speaker 2: They haven't discussed it at all, and Biden hasn't even

462
00:20:48,119 --> 00:20:50,440
Speaker 2: sat for an interview except for I believe the Weather

463
00:20:50,600 --> 00:20:52,520
Speaker 2: Channel in the last couple of months.

464
00:20:52,560 --> 00:20:53,639
Speaker 3: Let's go and start put this out.

465
00:20:53,880 --> 00:20:56,280
Speaker 1: He did one with some like wellness podcast.

466
00:20:56,280 --> 00:20:57,840
Speaker 3: Oh, I apologize, you're totally right.

467
00:20:57,880 --> 00:20:59,120
Speaker 1: I don't know if that was in the past month,

468
00:20:59,160 --> 00:21:00,200
Speaker 1: but that was the other reason.

469
00:21:00,080 --> 00:21:02,399
Speaker 3: That's right. His most recent one was also a wellness podcast.

470
00:21:02,440 --> 00:21:05,920
Speaker 2: No disrespect to my wellness podcasters out there, but there's

471
00:21:05,920 --> 00:21:07,880
Speaker 2: a reason he didn't come on any political show.

472
00:21:08,080 --> 00:21:09,800
Speaker 3: So this is the poll that he was referencing.

473
00:21:09,840 --> 00:21:12,159
Speaker 2: Do you think Joe Biden is too old to effectively

474
00:21:12,400 --> 00:21:14,600
Speaker 2: serve another four year term as president?

475
00:21:14,960 --> 00:21:15,640
Speaker 3: Overall?

476
00:21:15,880 --> 00:21:20,720
Speaker 2: Seventy seven percent yes, No, twenty two percent Democrats, even

477
00:21:20,720 --> 00:21:22,959
Speaker 2: the vast majority of Democrats at sixty nine, and then

478
00:21:22,960 --> 00:21:24,560
Speaker 2: of course the vast majority of Republicans.

479
00:21:24,920 --> 00:21:27,200
Speaker 3: In terms of Trump, do you think Donald Trump.

480
00:21:26,880 --> 00:21:28,920
Speaker 2: Is too old to be effectively serve another four year

481
00:21:29,000 --> 00:21:32,240
Speaker 2: term as president. Overall fifty one percent yes, no is

482
00:21:32,280 --> 00:21:35,000
Speaker 2: a forty nine percent Democrats seventy one percent more people

483
00:21:35,040 --> 00:21:35,840
Speaker 2: think Trump.

484
00:21:35,560 --> 00:21:36,399
Speaker 3: Is too old than Biden.

485
00:21:36,480 --> 00:21:40,320
Speaker 2: That's interesting for Democrats twenty nine percent say no, Republicans

486
00:21:40,359 --> 00:21:43,240
Speaker 2: twenty eight percent say yes, and seventy two percent say no.

487
00:21:43,320 --> 00:21:46,280
Speaker 2: So the significant difference between the two of them really

488
00:21:46,320 --> 00:21:48,840
Speaker 2: is that even the vast majority of Democrats think Biden is.

489
00:21:48,760 --> 00:21:50,879
Speaker 3: Too old to serve as president. Let's go to the

490
00:21:50,880 --> 00:21:51,320
Speaker 3: next one.

491
00:21:51,520 --> 00:21:54,920
Speaker 2: Please hear majorities of both younger and older Democrats really

492
00:21:54,920 --> 00:21:57,639
Speaker 2: believe Biden is too old, with seventy seven percent of

493
00:21:57,680 --> 00:22:00,680
Speaker 2: eighteen to forty four saying yes, Democrats forty five plus

494
00:22:00,680 --> 00:22:03,880
Speaker 2: saying sixty two percent yes, eighteen to twenty nine seventy

495
00:22:03,920 --> 00:22:04,760
Speaker 2: six percent.

496
00:22:04,840 --> 00:22:06,440
Speaker 3: So really, it does show you that.

497
00:22:06,359 --> 00:22:09,000
Speaker 2: The millennial voter and or gen Z voter in the

498
00:22:09,000 --> 00:22:12,280
Speaker 2: Democratic Party is very fed up with the age of

499
00:22:12,359 --> 00:22:14,880
Speaker 2: President Biden. And I think what it shows you, let's

500
00:22:14,880 --> 00:22:17,400
Speaker 2: go to the next one here as well about the

501
00:22:17,440 --> 00:22:20,399
Speaker 2: majorities of older and younger, is that even though what

502
00:22:20,440 --> 00:22:22,560
Speaker 2: we have here, what's stuck out to me was that

503
00:22:22,600 --> 00:22:25,919
Speaker 2: the adults who are sixty plus even they also say

504
00:22:26,160 --> 00:22:29,360
Speaker 2: seventy one percent that Biden is too old to run

505
00:22:29,400 --> 00:22:33,480
Speaker 2: for president. So up and down the overall age demographics, Crystal,

506
00:22:33,560 --> 00:22:37,680
Speaker 2: it is clear that the voters at every level of age,

507
00:22:37,960 --> 00:22:43,080
Speaker 2: both partisan, independent, Republican Democrat, with Biden in particular, are

508
00:22:43,320 --> 00:22:47,240
Speaker 2: very struck by the man's age. And I think that

509
00:22:47,240 --> 00:22:50,000
Speaker 2: that is one where there is a fundamental difference in

510
00:22:50,000 --> 00:22:52,320
Speaker 2: the way that they view Trump, and whether it's fair

511
00:22:52,440 --> 00:22:55,040
Speaker 2: or not, I think it just comes down to aesthetics

512
00:22:55,080 --> 00:22:57,919
Speaker 2: and observation. I mean, Trump just doesn't appear to be

513
00:22:58,040 --> 00:23:00,320
Speaker 2: all that different than how he was when where he

514
00:23:00,359 --> 00:23:02,560
Speaker 2: was in the Oval Office or really on their national

515
00:23:02,600 --> 00:23:05,280
Speaker 2: stage since twenty fifteen. Yeah, so with Biden, I mean

516
00:23:05,280 --> 00:23:08,240
Speaker 2: the pronounced decline. We've known this man for fifty years,

517
00:23:08,320 --> 00:23:11,159
Speaker 2: you know, I've seen, I literally remember him doing interviews

518
00:23:11,200 --> 00:23:13,280
Speaker 2: twenty sixty. I've played many of them here on the show.

519
00:23:13,560 --> 00:23:15,919
Speaker 2: In terms of his cogent ability to form a sentence,

520
00:23:16,200 --> 00:23:19,240
Speaker 2: it is night and day. The different of even five

521
00:23:19,280 --> 00:23:21,639
Speaker 2: six years ago compared to we are right now and

522
00:23:21,680 --> 00:23:24,760
Speaker 2: then imagine five years from now is whenever he would

523
00:23:24,760 --> 00:23:27,800
Speaker 2: be leaving the Oval Office. That's how crazy that things are.

524
00:23:27,840 --> 00:23:30,040
Speaker 2: Whenever people have to consider this and that's why it's

525
00:23:30,040 --> 00:23:31,240
Speaker 2: reflected in the polling data.

526
00:23:31,480 --> 00:23:33,880
Speaker 1: So this was interesting too. They ask people the first

527
00:23:34,000 --> 00:23:36,600
Speaker 1: word that comes to mind when they think of Biden

528
00:23:36,720 --> 00:23:38,320
Speaker 1: and the first word that comes to mind when they

529
00:23:38,400 --> 00:23:42,800
Speaker 1: think of Trump. For Biden, twenty six percent of all adults,

530
00:23:42,960 --> 00:23:45,919
Speaker 1: so more than a quarter cited Biden's age, and then

531
00:23:45,920 --> 00:23:49,679
Speaker 1: an additional fifteen percent mentioned words associated with being slow

532
00:23:49,760 --> 00:23:53,240
Speaker 1: and confused, while for Trump only one in three percent

533
00:23:53,480 --> 00:23:56,919
Speaker 1: did so. So, you know, I think to your point, Sager,

534
00:23:57,119 --> 00:24:01,960
Speaker 1: like people just evaluating the performance and the energy level

535
00:24:02,080 --> 00:24:04,840
Speaker 1: of these two candidates, they've come to different conclusions about

536
00:24:04,880 --> 00:24:07,800
Speaker 1: where they are in their aging process. However, this poll

537
00:24:07,840 --> 00:24:11,160
Speaker 1: did not contain good news for Donald Trump either. For Trump,

538
00:24:11,600 --> 00:24:17,200
Speaker 1: nearly a quarter mentioned words associated with corruption, crime, lying,

539
00:24:17,640 --> 00:24:22,600
Speaker 1: or untrustworthiness, while only eight percent mentioned those traits for Biden.

540
00:24:23,080 --> 00:24:25,920
Speaker 1: So basically, you know, American people think both of these

541
00:24:25,960 --> 00:24:28,679
Speaker 1: guys are old and corrupt. But for Biden it's the

542
00:24:28,760 --> 00:24:31,640
Speaker 1: age that really leads the concerns, and for Trump, it's

543
00:24:31,680 --> 00:24:36,479
Speaker 1: really the corruption, crime, lying, untrustworthiness that leads the concern

544
00:24:36,640 --> 00:24:39,679
Speaker 1: So this is some election that we're heading into. Guys

545
00:24:39,760 --> 00:24:41,080
Speaker 1: really inspiring stuff.

546
00:24:41,160 --> 00:24:43,200
Speaker 2: I think that's very important for people to understand, and

547
00:24:43,280 --> 00:24:45,680
Speaker 2: that's why, you know, it fits actually with what we're

548
00:24:45,680 --> 00:24:48,840
Speaker 2: discussing here. We began our show talking about Trump's trial dates,

549
00:24:48,880 --> 00:24:51,440
Speaker 2: and that's really what people consider the most about him.

550
00:24:51,480 --> 00:24:53,639
Speaker 2: And even before that, you know, the vast majority of

551
00:24:53,680 --> 00:24:55,960
Speaker 2: Americans they didn't particularly like Trump. Many people with voted

552
00:24:55,960 --> 00:24:58,080
Speaker 2: for him actually didn't like him at all. Many people

553
00:24:58,080 --> 00:25:01,080
Speaker 2: had unfavorable views and still decided vote because of negative,

554
00:25:01,119 --> 00:25:04,560
Speaker 2: negative partisanship with Biden. I mean, there was a real

555
00:25:04,640 --> 00:25:07,360
Speaker 2: hold your nose phenomenon in terms of beating Trump back

556
00:25:07,400 --> 00:25:08,199
Speaker 2: in twenty twenty.

557
00:25:08,440 --> 00:25:11,080
Speaker 3: And the question is only will that hold on.

558
00:25:11,480 --> 00:25:13,680
Speaker 2: To where we are right now in twenty twenty four,

559
00:25:14,000 --> 00:25:19,000
Speaker 2: And the considerations and the concern about his age is

560
00:25:19,040 --> 00:25:22,080
Speaker 2: only even more today than it was before. And people

561
00:25:22,119 --> 00:25:23,760
Speaker 2: have to consider that if this isn't a one term

562
00:25:23,800 --> 00:25:25,600
Speaker 2: this is a two term president that would be sending

563
00:25:25,880 --> 00:25:29,359
Speaker 2: until the very you know, far into a sceptagenarian age

564
00:25:29,640 --> 00:25:31,399
Speaker 2: that we would be have in the oval office in

565
00:25:31,480 --> 00:25:34,199
Speaker 2: charge of the most powerful. You know, most powerful have

566
00:25:34,280 --> 00:25:36,399
Speaker 2: the most power of any man on earth. And I

567
00:25:36,400 --> 00:25:41,040
Speaker 2: think that difference in the choice it could marginally make

568
00:25:41,119 --> 00:25:42,320
Speaker 2: enough of a difference, But then you know.

569
00:25:42,359 --> 00:25:43,840
Speaker 3: At the same time, I could make the same case.

570
00:25:43,880 --> 00:25:46,240
Speaker 2: Trump is so repellent, the attitudes around him all in

571
00:25:46,280 --> 00:25:48,320
Speaker 2: all that haven't changed. People are willing to hold their

572
00:25:48,359 --> 00:25:50,600
Speaker 2: nose and over Biden once. Why wouldn't they do it again.

573
00:25:50,800 --> 00:25:53,760
Speaker 2: They rewarded the Democrats, you know, for negative PARTSIP reasons,

574
00:25:54,119 --> 00:25:56,919
Speaker 2: mostly in twenty twenty two, no reason why they wouldn't

575
00:25:56,920 --> 00:25:59,680
Speaker 2: do it in twenty twenty four. The only downside to that, though,

576
00:25:59,720 --> 00:26:01,960
Speaker 2: I think, is Kamala Harris, who they know would be

577
00:26:02,000 --> 00:26:04,560
Speaker 2: the president should Biden die, And that is a major

578
00:26:04,600 --> 00:26:06,240
Speaker 2: consideration for a lot of voters.

579
00:26:06,640 --> 00:26:09,480
Speaker 1: Yeah, I think it is. I think that the Democrats

580
00:26:09,520 --> 00:26:13,399
Speaker 1: do themselves a real disservice by trying to stick with

581
00:26:13,480 --> 00:26:17,600
Speaker 1: Biden and close out any possibility of even having a

582
00:26:17,640 --> 00:26:21,680
Speaker 1: debate within the Democratic Party, because you can see even

583
00:26:21,720 --> 00:26:25,760
Speaker 1: among their base voters they're really concerned, they really want

584
00:26:25,760 --> 00:26:28,520
Speaker 1: to have other options, they really want to have a

585
00:26:29,280 --> 00:26:35,160
Speaker 1: full democratic process. They have an overwhelming majority worries about

586
00:26:35,160 --> 00:26:38,760
Speaker 1: Biden's age as well. And so if you really want

587
00:26:38,760 --> 00:26:41,240
Speaker 1: to beat Trump, like if that is actually your goal,

588
00:26:41,440 --> 00:26:44,560
Speaker 1: if you really believe your rhetoric about the fascist being

589
00:26:44,640 --> 00:26:48,000
Speaker 1: at the door, then you would do everything you could

590
00:26:48,600 --> 00:26:53,119
Speaker 1: to try to identify the best candidate to defeat Donald Trump.

591
00:26:53,560 --> 00:26:56,879
Speaker 1: But they are not interested in doing that. They've decided that,

592
00:26:56,960 --> 00:26:58,959
Speaker 1: you know, they're just going to lock everything down and

593
00:26:59,040 --> 00:27:02,720
Speaker 1: keep any There isn't even a democratic process playing out,

594
00:27:02,720 --> 00:27:06,359
Speaker 1: pretend that Biden has no competitors whatsoever, and just cross

595
00:27:06,400 --> 00:27:09,120
Speaker 1: their fingers and hope that, you know, the trials and

596
00:27:09,160 --> 00:27:11,919
Speaker 1: the crimes and the chaos and Stop the Steal and

597
00:27:12,000 --> 00:27:15,520
Speaker 1: abortion and all of these things are enough to get

598
00:27:15,520 --> 00:27:18,200
Speaker 1: them over the finished line again. And listen, like you said, Zager,

599
00:27:18,320 --> 00:27:19,399
Speaker 1: you know, if I had to bet, I would say

600
00:27:19,400 --> 00:27:21,639
Speaker 1: they're probably right. I think it probably is. You know,

601
00:27:21,880 --> 00:27:24,120
Speaker 1: it's hard to beat an income and president, even one

602
00:27:24,400 --> 00:27:28,520
Speaker 1: with as many concerns as Joe Biden has. The fact

603
00:27:28,520 --> 00:27:31,000
Speaker 1: that all of these trial dates are going to focus

604
00:27:31,119 --> 00:27:33,800
Speaker 1: Americans back on stop the Steal and all of these

605
00:27:33,800 --> 00:27:36,560
Speaker 1: things that they really hated about Donald Trump, I think

606
00:27:36,640 --> 00:27:39,520
Speaker 1: probably you know, doesn't help out Donald Trump, even though

607
00:27:39,600 --> 00:27:41,280
Speaker 1: you just never know how these things are going to

608
00:27:41,320 --> 00:27:43,720
Speaker 1: play out. But listen, they're playing with fire, That's all

609
00:27:43,720 --> 00:27:44,280
Speaker 1: I'm going to say.

610
00:27:44,359 --> 00:27:46,600
Speaker 2: Yeah, I think you're absolutely correct. And to the Kamala

611
00:27:46,640 --> 00:27:49,240
Speaker 2: Harris point that I was making. She is so weak

612
00:27:49,359 --> 00:27:52,520
Speaker 2: and insecure she is now freaking out about the Gavin

613
00:27:52,600 --> 00:27:55,160
Speaker 2: Newsome Ron de Santis debate. Let's put this up there

614
00:27:55,200 --> 00:27:59,119
Speaker 2: on the screen. It really is just absolutely hilarious. Kamala

615
00:27:59,160 --> 00:28:02,760
Speaker 2: Harris allies are quote privately grumbling that Gavin Newsom's plan

616
00:28:02,880 --> 00:28:06,960
Speaker 2: to debate Ron Desanta's quote disrespectful to the VP, as

617
00:28:07,000 --> 00:28:10,920
Speaker 2: they see the move as early jockeying for twenty twenty eight.

618
00:28:11,080 --> 00:28:14,520
Speaker 2: I mean, they're not wrong in that. Is it disrespectful? Well,

619
00:28:14,560 --> 00:28:17,840
Speaker 2: I mean maybe it's realistic. Even the guy is unpopular

620
00:28:17,920 --> 00:28:21,560
Speaker 2: as Gavin Newsom is probably more popular and electable as

621
00:28:21,640 --> 00:28:24,960
Speaker 2: Kamala Harris, the least popular vice president in all of

622
00:28:25,040 --> 00:28:27,960
Speaker 2: modern American history. And the funny thing is is that

623
00:28:28,200 --> 00:28:30,879
Speaker 2: this debate you know of, which has yet been has

624
00:28:30,960 --> 00:28:32,920
Speaker 2: been agreed to by both sides but has not yet

625
00:28:33,119 --> 00:28:36,520
Speaker 2: fishing materialized, which we're about to get into, is quite

626
00:28:36,520 --> 00:28:40,680
Speaker 2: obviously Newsome trying to plant his flag as a a

627
00:28:41,040 --> 00:28:45,080
Speaker 2: possible Biden alternative should something happen to Biden. It is

628
00:28:45,120 --> 00:28:48,920
Speaker 2: a shot at Kamala Harris, but it's not disrespectful, Crystal.

629
00:28:49,040 --> 00:28:51,760
Speaker 2: He's shooting a like he got Desantists to agree to

630
00:28:51,760 --> 00:28:53,880
Speaker 2: the debate. I actually think it's a brilliant move for

631
00:28:53,920 --> 00:28:56,760
Speaker 2: both of them because it's a decent amount of earned media.

632
00:28:56,840 --> 00:29:00,800
Speaker 2: But it's an implicit acknowledgment really by the Harris camp

633
00:29:00,960 --> 00:29:04,480
Speaker 2: that Newsom is actually far more formidable as a candidate,

634
00:29:04,520 --> 00:29:07,120
Speaker 2: at least in that lane than Kamala Harris's. I mean,

635
00:29:07,200 --> 00:29:09,200
Speaker 2: his overall favorability and all of that. I'm not going

636
00:29:09,200 --> 00:29:12,160
Speaker 2: to say it's high, especially amongst Republicans. I don't think

637
00:29:12,160 --> 00:29:14,760
Speaker 2: he is a particularly good record exactly he can run on.

638
00:29:14,840 --> 00:29:18,040
Speaker 2: But again, when we're comparing it the two, it's obvious

639
00:29:18,240 --> 00:29:20,720
Speaker 2: that he's strong enough. And it shows you a little

640
00:29:20,720 --> 00:29:22,840
Speaker 2: bit of a preview of twenty twenty eight of what

641
00:29:22,880 --> 00:29:25,360
Speaker 2: they want to do, which is use identity politics to

642
00:29:25,560 --> 00:29:28,200
Speaker 2: anoint her as the queen to be able to take

643
00:29:28,240 --> 00:29:31,080
Speaker 2: the nomination in twenty twenty eight and keep and.

644
00:29:31,000 --> 00:29:32,680
Speaker 3: Bar out every single other person.

645
00:29:32,920 --> 00:29:35,280
Speaker 2: And if you do challenge her in any way, then

646
00:29:35,280 --> 00:29:38,040
Speaker 2: you're disrespecting the first black female vice president.

647
00:29:38,200 --> 00:29:42,640
Speaker 1: You know, Newsom had an interview, you know, contentious interview debate,

648
00:29:42,680 --> 00:29:45,080
Speaker 1: I guess you could say with Sean Hannity. Yep, that

649
00:29:45,280 --> 00:29:47,479
Speaker 1: actually went really well for him, even with you know,

650
00:29:47,560 --> 00:29:49,760
Speaker 1: the Fox News audience. Like he gained a lot of

651
00:29:49,800 --> 00:29:52,920
Speaker 1: respect I think because of his ability to handle that

652
00:29:53,000 --> 00:29:57,360
Speaker 1: exchange in a relatively effective way. And so that was

653
00:29:57,400 --> 00:30:00,960
Speaker 1: the genesis of this idea of him debating DeSantis and

654
00:30:01,000 --> 00:30:05,080
Speaker 1: having Sean Hannity moderate that. And so you know, I

655
00:30:05,120 --> 00:30:08,080
Speaker 1: would just say, like, actually, it is kind of disrespectful

656
00:30:08,080 --> 00:30:10,560
Speaker 1: to Kamala Harris. But you don't garner respect by just

657
00:30:10,600 --> 00:30:12,600
Speaker 1: like being like you must respect me. You have to

658
00:30:12,640 --> 00:30:16,479
Speaker 1: earn it. And so yeah, Gavin Newsome and about one

659
00:30:16,520 --> 00:30:21,560
Speaker 1: thousand other ambitious Democrats see you as weak, and they

660
00:30:21,560 --> 00:30:24,920
Speaker 1: are all positioning and circling like vultures, waiting for their

661
00:30:25,040 --> 00:30:27,920
Speaker 1: chance in probably twenty twenty eight to be able to

662
00:30:27,960 --> 00:30:30,360
Speaker 1: jump in the fray and be the next in line.

663
00:30:30,680 --> 00:30:33,959
Speaker 1: There was a different universe in which she was, you know,

664
00:30:34,080 --> 00:30:36,880
Speaker 1: a much stronger and much more compelling figure with a

665
00:30:36,920 --> 00:30:40,360
Speaker 1: lot more admiration and higher favorability ratings among the American public.

666
00:30:40,680 --> 00:30:43,720
Speaker 1: We're twenty twenty eight. If Biden were to get reelected,

667
00:30:43,720 --> 00:30:46,760
Speaker 1: would be a foregone conclusion that she would basically be

668
00:30:47,000 --> 00:30:49,520
Speaker 1: the next in line and be the nominee that should

669
00:30:49,520 --> 00:30:51,520
Speaker 1: have sailed. It is not going to be that way,

670
00:30:51,560 --> 00:30:53,800
Speaker 1: and they can try all of the identity politics that

671
00:30:53,840 --> 00:30:56,320
Speaker 1: they want to. There are going to be a lot

672
00:30:56,440 --> 00:30:58,800
Speaker 1: of candidates who jump into that race. There are going

673
00:30:58,880 --> 00:31:00,000
Speaker 1: to be governors, they are going to be set up,

674
00:31:00,280 --> 00:31:02,520
Speaker 1: there's going to be pee bootages, all kinds of cast

675
00:31:02,560 --> 00:31:04,920
Speaker 1: of characters who are not going to be put off

676
00:31:04,960 --> 00:31:09,840
Speaker 1: whatsoever by this. You know, currently very weak vice presidential candidate.

677
00:31:10,240 --> 00:31:13,040
Speaker 1: So yeah, in a sense, it is kind of disrespectful.

678
00:31:13,240 --> 00:31:16,680
Speaker 1: But guess what that's because you haven't exhibited the kind

679
00:31:16,680 --> 00:31:19,960
Speaker 1: of strength that would dissuade people from trying to edge

680
00:31:19,960 --> 00:31:24,560
Speaker 1: you out and take that place. So listen, that's politics, right,

681
00:31:24,760 --> 00:31:27,600
Speaker 1: that's life. And you know, there's some also a little

682
00:31:27,640 --> 00:31:30,560
Speaker 1: bit of grumbling even from Biden advisors who feel the

683
00:31:30,600 --> 00:31:35,560
Speaker 1: debate could boost DeSantis, and they're now they now are like,

684
00:31:35,840 --> 00:31:37,680
Speaker 1: you know, they still, I guess think that Trump will

685
00:31:37,720 --> 00:31:39,720
Speaker 1: be a weaker candidate than DeSantis. They don't want to

686
00:31:39,760 --> 00:31:42,040
Speaker 1: boost Asantis, which is kind of interesting to me because

687
00:31:42,080 --> 00:31:44,360
Speaker 1: I don't know, I'm not sure that DeSantis really would

688
00:31:44,400 --> 00:31:48,040
Speaker 1: be a stronger candidate than Trump. Hard to say, but anyway,

689
00:31:48,240 --> 00:31:50,840
Speaker 1: they're also worried that it could give the impression that

690
00:31:50,880 --> 00:31:53,880
Speaker 1: there is a contested primary going on. Trust me, I

691
00:31:53,880 --> 00:31:56,600
Speaker 1: think that they've done their best to close that door

692
00:31:56,640 --> 00:31:58,720
Speaker 1: and make it clear to all Democratic voters that you

693
00:31:58,800 --> 00:32:01,320
Speaker 1: have no choice. You mustick would Joe Biden. So they're

694
00:32:01,360 --> 00:32:03,120
Speaker 1: worried about that as well. But I don't know. The

695
00:32:03,160 --> 00:32:05,600
Speaker 1: hand ringing over it is kind of interesting and revealing

696
00:32:05,600 --> 00:32:07,920
Speaker 1: to be. The other question is that whether this debate

697
00:32:07,960 --> 00:32:11,120
Speaker 1: is even going to happen, because there's been some roadblocks

698
00:32:11,160 --> 00:32:14,040
Speaker 1: in terms of in coming to terms over what the

699
00:32:14,160 --> 00:32:15,680
Speaker 1: rules of this debate would be. You can put this

700
00:32:15,800 --> 00:32:19,160
Speaker 1: up on the screen from Politico. Apparently the big questions

701
00:32:19,200 --> 00:32:24,320
Speaker 1: here are about who would be in the audience they

702
00:32:24,480 --> 00:32:26,840
Speaker 1: want at Fox, and I think DeSantis wants like a

703
00:32:26,840 --> 00:32:30,120
Speaker 1: live studio audience, and they propose that it be split

704
00:32:30,200 --> 00:32:34,400
Speaker 1: evenly between the two candidates. But Newsome, I think understandably

705
00:32:34,440 --> 00:32:37,880
Speaker 1: fears that that would be overwhelmingly tilted toward the Republican

706
00:32:38,000 --> 00:32:40,920
Speaker 1: side because it's Fox News, and so he doesn't want

707
00:32:40,960 --> 00:32:42,959
Speaker 1: to have the live audience. He wants it just to

708
00:32:42,960 --> 00:32:46,400
Speaker 1: be him and DeSantis and Sean Hannity. So they're still

709
00:32:46,400 --> 00:32:48,479
Speaker 1: sort of negotiating some of those details. Who knows if

710
00:32:48,480 --> 00:32:50,320
Speaker 1: this even is gonna come together.

711
00:32:50,440 --> 00:32:50,720
Speaker 3: I don't.

712
00:32:51,480 --> 00:32:52,880
Speaker 1: I want to watch it.

713
00:32:53,160 --> 00:32:54,800
Speaker 3: I think it's good. I think more people should do this.

714
00:32:54,880 --> 00:32:58,000
Speaker 2: I mean, you have every competing visions here of people

715
00:32:58,080 --> 00:33:01,920
Speaker 2: who are like B tier politicians in terms of who

716
00:33:02,200 --> 00:33:04,680
Speaker 2: dominates a national stage. But you've got two of the

717
00:33:04,720 --> 00:33:09,040
Speaker 2: most populous states in the entire country. Newsome affirmatively has

718
00:33:09,080 --> 00:33:10,280
Speaker 2: a vision for California.

719
00:33:10,520 --> 00:33:11,640
Speaker 3: I disagree with that vision.

720
00:33:11,840 --> 00:33:16,160
Speaker 2: Ronen DeSantis has an affirmative vision for Florida. Both want

721
00:33:16,200 --> 00:33:18,240
Speaker 2: the rest of the country to look more like their states.

722
00:33:18,240 --> 00:33:19,800
Speaker 2: They have very dynamic economies.

723
00:33:20,160 --> 00:33:22,200
Speaker 3: I mean, why not. You know, it's a good thing.

724
00:33:22,280 --> 00:33:24,400
Speaker 2: It's one of those where actually we would all be

725
00:33:24,400 --> 00:33:26,760
Speaker 2: better served for they can argue about crime, they can

726
00:33:26,880 --> 00:33:31,600
Speaker 2: argue about whatever, books and libraries and trans and all that,

727
00:33:31,640 --> 00:33:33,960
Speaker 2: and you know what, in many respects, it's even more

728
00:33:34,000 --> 00:33:37,000
Speaker 2: consequential because they have actual governing power and influence over

729
00:33:37,040 --> 00:33:40,680
Speaker 2: their state legislatures that actually impact the millions of people

730
00:33:40,680 --> 00:33:42,480
Speaker 2: who live in those states. So I think it's a

731
00:33:42,480 --> 00:33:46,200
Speaker 2: great idea, I really do, and I hope it goes forward.

732
00:33:46,480 --> 00:33:49,520
Speaker 2: I almost on the Newsom side where take out the

733
00:33:49,520 --> 00:33:51,440
Speaker 2: live debate, just because I want more of the debate

734
00:33:51,560 --> 00:33:52,640
Speaker 2: than steering.

735
00:33:53,120 --> 00:33:56,280
Speaker 1: It'd be better in the audience. I mean, their stance

736
00:33:56,360 --> 00:33:59,320
Speaker 1: is like, we don't want to have this like truer leading. Yeah,

737
00:33:59,320 --> 00:34:01,640
Speaker 1: it's actually I agree with it, Like it'd be better

738
00:34:01,800 --> 00:34:04,520
Speaker 1: if you just have the questions the viewing audience can

739
00:34:04,600 --> 00:34:07,320
Speaker 1: judge for themselves rather than try to pump up one

740
00:34:07,360 --> 00:34:09,840
Speaker 1: side or the other with whoever happens to be in

741
00:34:09,880 --> 00:34:11,680
Speaker 1: the room. So I do think it would be better

742
00:34:11,719 --> 00:34:13,400
Speaker 1: that way. But anyway, I hope they can come to

743
00:34:13,480 --> 00:34:15,520
Speaker 1: terms because it'd be interesting to watch because, like you said,

744
00:34:15,840 --> 00:34:18,960
Speaker 1: they both have implemented very different agendas in their states.

745
00:34:19,120 --> 00:34:22,400
Speaker 1: They have very different you know, records that they can contrast,

746
00:34:22,840 --> 00:34:25,480
Speaker 1: and I think they would both you know ably handle

747
00:34:25,600 --> 00:34:28,040
Speaker 1: themselves in terms of articulating their own vision and it

748
00:34:28,080 --> 00:34:28,360
Speaker 1: would be.

749
00:34:28,360 --> 00:34:30,560
Speaker 3: Interesting to watch. All right, let's go to the next one.

750
00:34:30,719 --> 00:34:31,839
Speaker 3: This is a really interesting story.

751
00:34:31,840 --> 00:34:33,400
Speaker 2: I know a lot of you guys were interested in

752
00:34:33,440 --> 00:34:38,920
Speaker 2: the Michael Burry short where he placed put options that

753
00:34:38,960 --> 00:34:42,239
Speaker 2: we have a nominal value of some one point sixbility

754
00:34:42,239 --> 00:34:44,320
Speaker 2: and not bet exactly one point six billion or whatever

755
00:34:44,760 --> 00:34:47,319
Speaker 2: against the market, but should there be a crash and

756
00:34:47,360 --> 00:34:50,319
Speaker 2: a recession, he actually would profit very handsomely, so the

757
00:34:50,400 --> 00:34:52,600
Speaker 2: question is is that he is Is he the Cassandra

758
00:34:52,920 --> 00:34:55,120
Speaker 2: You know, he's often saying things are going to crash,

759
00:34:55,239 --> 00:34:58,680
Speaker 2: and sometimes it happens, sometimes it doesn't. But Warren Buffett

760
00:34:58,719 --> 00:35:02,239
Speaker 2: it seems, you know, the investor also appears to be

761
00:35:02,280 --> 00:35:05,160
Speaker 2: preparing or possibly for some sort of downturn. Let's ahead

762
00:35:05,160 --> 00:35:07,320
Speaker 2: and put this up there on the screen. This is

763
00:35:07,360 --> 00:35:10,680
Speaker 2: some new analysis from the economist Steve Hankey, and what

764
00:35:10,760 --> 00:35:14,839
Speaker 2: he points out is that the Berkshire Hathaway CEO has

765
00:35:14,920 --> 00:35:18,560
Speaker 2: sold some eight billion dollars worth of stocks and slowed

766
00:35:18,600 --> 00:35:22,040
Speaker 2: pace of buybacks just last quarter, with sparking a quote

767
00:35:22,120 --> 00:35:24,919
Speaker 2: thirteen percent rise in a money pile with a near

768
00:35:25,040 --> 00:35:28,200
Speaker 2: record one hundred and forty seven billion dollars in cash.

769
00:35:28,280 --> 00:35:28,680
Speaker 3: Quote.

770
00:35:28,719 --> 00:35:31,200
Speaker 2: The sprawling conglomerate has now disposed of a net thirty

771
00:35:31,200 --> 00:35:34,040
Speaker 2: three billion over the last three quarters, fueling a stash

772
00:35:34,080 --> 00:35:37,719
Speaker 2: of cash, cash equivalents and treasury bills. These are consistent

773
00:35:37,760 --> 00:35:41,120
Speaker 2: with the anticipation of a recession and the fact that

774
00:35:41,200 --> 00:35:42,920
Speaker 2: stocks are currently pricey.

775
00:35:43,040 --> 00:35:45,839
Speaker 3: Quote. It is also consistent with his long term.

776
00:35:45,560 --> 00:35:49,240
Speaker 2: Track record of piling up cash in anticipation of storm

777
00:35:49,239 --> 00:35:52,480
Speaker 2: clouds ahead, with the capacity to pounce on bargains once

778
00:35:52,680 --> 00:35:55,920
Speaker 2: the storm hits. So I think that you put those together,

779
00:35:56,080 --> 00:35:59,080
Speaker 2: and it's pretty clear here that both in terms of

780
00:35:59,120 --> 00:36:02,040
Speaker 2: the overall price of assets and in terms of Buffett's

781
00:36:02,040 --> 00:36:04,759
Speaker 2: long tracker occur, which we have decades now in order

782
00:36:04,800 --> 00:36:08,359
Speaker 2: to observe, he's got a very consistent playbook, and in

783
00:36:08,360 --> 00:36:11,959
Speaker 2: that playbook he anticipates some sort of crash that could come.

784
00:36:12,120 --> 00:36:15,360
Speaker 2: The other important thing to remember too with not Bury,

785
00:36:15,400 --> 00:36:18,759
Speaker 2: but really with Buffett, is that people track and think

786
00:36:18,800 --> 00:36:21,600
Speaker 2: about things that he thinks so much that sometimes his

787
00:36:21,680 --> 00:36:25,320
Speaker 2: expectations can actually become reality. He's such a power player

788
00:36:25,600 --> 00:36:28,879
Speaker 2: that for if other fund managers are like, oh, Warren,

789
00:36:28,880 --> 00:36:30,680
Speaker 2: Buffet's pulling back, they're like, oh, well, then we got

790
00:36:30,680 --> 00:36:32,239
Speaker 2: to pull back, and that actually could cold cause a

791
00:36:32,239 --> 00:36:35,240
Speaker 2: contraction in itself, even if that wasn't going to happen

792
00:36:35,480 --> 00:36:38,040
Speaker 2: in the first place. Regardless, the over on that effect

793
00:36:38,040 --> 00:36:40,360
Speaker 2: would be the same in terms of his ability in

794
00:36:40,440 --> 00:36:43,360
Speaker 2: order to profit, so some crash happened in the future.

795
00:36:43,360 --> 00:36:46,239
Speaker 2: Same in terms of Michael Burry should his options go

796
00:36:46,239 --> 00:36:48,480
Speaker 2: ahead and pull off. And it's one of those where

797
00:36:48,480 --> 00:36:51,400
Speaker 2: in our economy nobody knows what the hell is going on.

798
00:36:51,480 --> 00:36:54,400
Speaker 2: Interest rates are sky high seven eight percent or whatever

799
00:36:54,480 --> 00:36:57,200
Speaker 2: whenever comes to a mortgage, seven percent whenever comes to

800
00:36:57,239 --> 00:36:59,800
Speaker 2: a car loan. But it's at the same time, inflation

801
00:37:00,040 --> 00:37:02,719
Speaker 2: remains very steady. The new price of a car still

802
00:37:02,719 --> 00:37:06,360
Speaker 2: remains above fifty thousand dollars. We've got record high gas prices.

803
00:37:06,400 --> 00:37:08,440
Speaker 2: Let's go and put this up there on the screen.

804
00:37:08,640 --> 00:37:10,960
Speaker 2: Gas prices is actually highest that they've ever been in

805
00:37:11,040 --> 00:37:13,960
Speaker 2: twenty twenty three. Some of that is due to the hurricane.

806
00:37:13,960 --> 00:37:16,759
Speaker 2: A lot of it is also due to global instability.

807
00:37:17,000 --> 00:37:19,920
Speaker 2: Hurricanes aren't going anywhere. Also, we had the oil production

808
00:37:19,960 --> 00:37:22,800
Speaker 2: cuts by both Saudi Arabia and Russia, which continue to

809
00:37:22,880 --> 00:37:25,879
Speaker 2: keep prices high. All of this shows that you've got

810
00:37:26,080 --> 00:37:29,759
Speaker 2: sticky inflation. The FED it seems to be done ish

811
00:37:29,880 --> 00:37:31,920
Speaker 2: in terms of raising their interest rates.

812
00:37:32,000 --> 00:37:33,640
Speaker 3: The unemployment rate is very odd.

813
00:37:33,719 --> 00:37:36,560
Speaker 2: It's both low, but also wages are not necessarily keeping

814
00:37:36,640 --> 00:37:40,839
Speaker 2: up with inflation. The overall phenomenon of bargaining power, some

815
00:37:40,920 --> 00:37:42,600
Speaker 2: of it remains, but it's not even close to what

816
00:37:42,640 --> 00:37:44,960
Speaker 2: it was in twenty twenty one. So if you look

817
00:37:44,960 --> 00:37:47,479
Speaker 2: at these two investors, both of whom have at least

818
00:37:47,680 --> 00:37:50,120
Speaker 2: one in particular, is a very good track record you

819
00:37:50,239 --> 00:37:52,440
Speaker 2: very much could see the scenario where what they're saying

820
00:37:52,480 --> 00:37:54,759
Speaker 2: is very counter to with the Biden folks and what

821
00:37:54,880 --> 00:37:57,120
Speaker 2: some of the other mainstream economists claim is going to happen.

822
00:37:57,160 --> 00:37:58,600
Speaker 3: We're like, oh, we're going to get the soft landing

823
00:37:58,600 --> 00:37:59,560
Speaker 3: and everything's going to be fine.

824
00:37:59,640 --> 00:38:03,319
Speaker 1: Yeah, there were several months ago there were a lot

825
00:38:03,400 --> 00:38:07,080
Speaker 1: of mainstream economists that were sounding the alarm, expecting a recession, etc.

826
00:38:07,680 --> 00:38:12,160
Speaker 1: Once inflation started to cool, Right, there's still persistent inflation,

827
00:38:12,280 --> 00:38:14,799
Speaker 1: but it is lower than what it was, and the

828
00:38:14,840 --> 00:38:18,600
Speaker 1: Fed basically stopped hiking interest rates. Additionally, they thought, all right,

829
00:38:18,640 --> 00:38:21,520
Speaker 1: maybe we did pull off this soft landing. The reason

830
00:38:21,640 --> 00:38:25,040
Speaker 1: potentially why some of these major investors are having second

831
00:38:25,040 --> 00:38:29,680
Speaker 1: thoughts about that analysis is there's a number of factors here,

832
00:38:30,120 --> 00:38:32,640
Speaker 1: all of them we've been talking about here on this show,

833
00:38:32,680 --> 00:38:35,280
Speaker 1: but just to go through them. You've got an AI

834
00:38:35,320 --> 00:38:38,040
Speaker 1: boom that could really be a bubble, right, that's one piece.

835
00:38:38,400 --> 00:38:41,440
Speaker 1: You've got commercial real estate that is in a world

836
00:38:41,440 --> 00:38:44,600
Speaker 1: of trouble and could have major follow on effects for

837
00:38:45,000 --> 00:38:48,480
Speaker 1: ordinary people and for banks, especially mid size and small

838
00:38:48,480 --> 00:38:51,919
Speaker 1: banks as well. And we've already had seen the shakiness

839
00:38:51,960 --> 00:38:54,120
Speaker 1: of some of these banks balance sheets when we had

840
00:38:54,120 --> 00:38:57,680
Speaker 1: the Silicon Valley bank collapse. So that's another piece. We

841
00:38:57,840 --> 00:39:00,839
Speaker 1: just had their up on the screen. Student loan repayments

842
00:39:00,840 --> 00:39:05,359
Speaker 1: are set to start. It's actually the there have been

843
00:39:05,360 --> 00:39:08,080
Speaker 1: a lot of attempts from the Biden administration, which I appreciate,

844
00:39:08,480 --> 00:39:12,680
Speaker 1: to try to, you know, make this less painful, to

845
00:39:13,000 --> 00:39:16,480
Speaker 1: try to you know, have income based repayment plans, to

846
00:39:16,560 --> 00:39:19,520
Speaker 1: allow for forbearans, et cetera. But that has made this

847
00:39:19,680 --> 00:39:24,520
Speaker 1: all incredibly complicated. In this report, they talk about this

848
00:39:24,560 --> 00:39:27,200
Speaker 1: one woman who's trying to get through to her student

849
00:39:27,239 --> 00:39:29,399
Speaker 1: loan like the person who actually owns her loan now

850
00:39:29,440 --> 00:39:32,360
Speaker 1: because like some forty percent or whatever of these loans

851
00:39:32,360 --> 00:39:34,560
Speaker 1: have been sold off during the interim period since they

852
00:39:34,640 --> 00:39:37,440
Speaker 1: last had to make payments. And the person she got

853
00:39:37,480 --> 00:39:40,000
Speaker 1: through to at her student loan servicer told her a

854
00:39:40,040 --> 00:39:44,280
Speaker 1: call back in January when maybe call volume would be lower.

855
00:39:44,640 --> 00:39:47,120
Speaker 1: So that tells you how things are going over there

856
00:39:47,160 --> 00:39:49,239
Speaker 1: on the student loan debt repayment front. But I mean

857
00:39:49,280 --> 00:39:52,120
Speaker 1: this is a massive low to a lot of Americans

858
00:39:52,200 --> 00:39:54,719
Speaker 1: who have not had to make payments for quite a

859
00:39:54,760 --> 00:39:57,560
Speaker 1: while and are going to have to restart in October.

860
00:39:57,600 --> 00:40:00,000
Speaker 1: I mean this is just around the corner. So that's

861
00:40:00,000 --> 00:40:03,360
Speaker 1: another hit to the economy. So you've got ai potential bubble,

862
00:40:03,560 --> 00:40:06,640
Speaker 1: You've got massive commercial real estate issues, I think everybody

863
00:40:06,680 --> 00:40:09,680
Speaker 1: agrees with that. You've got student loan debt payments set

864
00:40:09,719 --> 00:40:14,040
Speaker 1: to restart. You have consumers piling up massive amounts of debt.

865
00:40:14,080 --> 00:40:16,840
Speaker 1: We saw credit card debt reaching over a trillion dollars,

866
00:40:16,840 --> 00:40:20,439
Speaker 1: so people becoming increasingly overextended. And then the other piece,

867
00:40:20,480 --> 00:40:24,879
Speaker 1: Sager is, as we've always discussed with the Fed, there

868
00:40:24,960 --> 00:40:29,479
Speaker 1: is a lag between the actions they take and when

869
00:40:29,680 --> 00:40:33,279
Speaker 1: those actions really hit the economy. A lot of this,

870
00:40:33,440 --> 00:40:36,440
Speaker 1: you know, they project a lot of confidence and like

871
00:40:36,520 --> 00:40:38,920
Speaker 1: they pretend like they know exactly how this is all

872
00:40:38,960 --> 00:40:40,440
Speaker 1: going to work and how it's all going to impact

873
00:40:40,440 --> 00:40:43,759
Speaker 1: the economy. They don't know. They're guessing, And so there

874
00:40:43,840 --> 00:40:48,480
Speaker 1: is speculation that potentially the full force of those interest

875
00:40:48,600 --> 00:40:52,160
Speaker 1: rate hikes hasn't even hit the economy yet, and that

876
00:40:52,200 --> 00:40:54,959
Speaker 1: there could be a lot more damaging impacts to come

877
00:40:55,040 --> 00:40:58,920
Speaker 1: down the road once those interest rates really show up

878
00:40:58,960 --> 00:41:01,680
Speaker 1: in terms of their impact on the economy. So those

879
00:41:01,680 --> 00:41:04,399
Speaker 1: are some of the factors that exist that would weigh

880
00:41:04,440 --> 00:41:06,759
Speaker 1: on the negative side of things. Could end up getting

881
00:41:06,800 --> 00:41:09,520
Speaker 1: a lot worse than what a lot of mainstream economists

882
00:41:09,520 --> 00:41:11,839
Speaker 1: are kind of anticipating or predicting at this point.

883
00:41:12,040 --> 00:41:14,279
Speaker 2: Yeah, exactly, And you know, it's one of those where

884
00:41:14,320 --> 00:41:16,600
Speaker 2: we just have no idea where things are going to

885
00:41:16,719 --> 00:41:18,600
Speaker 2: end up. But it's one of those where we should

886
00:41:18,640 --> 00:41:21,200
Speaker 2: be prepared for anny of those bad scenarios. And to

887
00:41:21,239 --> 00:41:23,800
Speaker 2: fit with all the politics that we have been discussing

888
00:41:24,120 --> 00:41:26,719
Speaker 2: for the top portion of our show, a recession would

889
00:41:26,760 --> 00:41:29,640
Speaker 2: dramatically change the electoral calculus. It'd be one of those

890
00:41:29,680 --> 00:41:31,920
Speaker 2: where then, I mean, how out of touch would you

891
00:41:31,920 --> 00:41:35,240
Speaker 2: seem when you're obsessing over Fulton County January sixth trials

892
00:41:35,280 --> 00:41:37,760
Speaker 2: whenever there's a oh, how it straight up recession?

893
00:41:37,840 --> 00:41:39,840
Speaker 1: How would you feel about the fact that you labeled

894
00:41:39,840 --> 00:41:41,160
Speaker 1: the economy.

895
00:41:40,960 --> 00:41:42,200
Speaker 3: By denying economics?

896
00:41:42,280 --> 00:41:44,200
Speaker 1: I mean that people are in a recession. How are

897
00:41:44,239 --> 00:41:45,840
Speaker 1: they going to feel? I mean, I think they already

898
00:41:45,840 --> 00:41:47,439
Speaker 1: don't feel great about it. If you're in a full

899
00:41:47,480 --> 00:41:49,719
Speaker 1: blown recession, how are they going to feel about Bidenomics?

900
00:41:49,719 --> 00:41:51,360
Speaker 2: If we have a full blown downturn, I mean, it

901
00:41:51,400 --> 00:41:54,600
Speaker 2: would dramatically change everything. And I don't forget you know,

902
00:41:54,680 --> 00:41:56,640
Speaker 2: things can change completely on a dime.

903
00:41:56,760 --> 00:41:58,399
Speaker 3: President George H. W.

904
00:41:58,480 --> 00:42:01,000
Speaker 2: Bush had a ninety one percent and approval rating around

905
00:42:01,000 --> 00:42:03,400
Speaker 2: this time in his presidency, and then he've got his

906
00:42:03,560 --> 00:42:07,840
Speaker 2: adding completely beaten in the election by Bill Clinton, largely

907
00:42:07,880 --> 00:42:11,719
Speaker 2: because of an economic downturn that came in ninety two,

908
00:42:11,880 --> 00:42:14,759
Speaker 2: of which Clinton was able to capitalize on even back

909
00:42:14,760 --> 00:42:17,640
Speaker 2: in the even Jimmy Carter actually but most of.

910
00:42:17,640 --> 00:42:19,160
Speaker 3: The country had turned against him.

911
00:42:19,200 --> 00:42:23,160
Speaker 2: But the worst of the actual recession, depression and all

912
00:42:23,200 --> 00:42:25,640
Speaker 2: that the high interest street phenomenon mostly came in the

913
00:42:25,719 --> 00:42:29,080
Speaker 2: latter year of his presidency and just completely changed the

914
00:42:29,120 --> 00:42:31,200
Speaker 2: way that he was able to campaign. So don't forget

915
00:42:31,200 --> 00:42:36,160
Speaker 2: that the last year, specifically economics in the middle of

916
00:42:36,200 --> 00:42:38,880
Speaker 2: what is going on in election is so so important

917
00:42:39,040 --> 00:42:41,640
Speaker 2: to what actually ends up happening in set election. Let's

918
00:42:41,640 --> 00:42:43,720
Speaker 2: go to the next part here, and this is also

919
00:42:43,800 --> 00:42:49,640
Speaker 2: actually very interesting around Americans and where and how they

920
00:42:49,640 --> 00:42:52,719
Speaker 2: are able to pay for their homes and including their

921
00:42:52,719 --> 00:42:55,239
Speaker 2: home insurance. Something that we've been tracking quite a bit

922
00:42:55,880 --> 00:42:58,920
Speaker 2: quote unquote from the Wall Street Journal, Americans are bailing

923
00:42:59,040 --> 00:43:02,240
Speaker 2: on their home insurance. Some homeowners who are skipping coverage

924
00:43:02,239 --> 00:43:05,480
Speaker 2: say that they can no longer afford the rising premiums,

925
00:43:05,520 --> 00:43:08,080
Speaker 2: and the reason why is that many of them live

926
00:43:08,280 --> 00:43:11,320
Speaker 2: in disaster areas where home insurance companies are either bailing

927
00:43:11,320 --> 00:43:15,600
Speaker 2: out or creating or increasing their premiums dramatically. So for example,

928
00:43:15,840 --> 00:43:18,319
Speaker 2: the national average or home insurance based on a two

929
00:43:18,360 --> 00:43:21,080
Speaker 2: hundred and fifty thousand dollars in dwelling coverage increase this

930
00:43:21,160 --> 00:43:26,560
Speaker 2: year twenty percent to four hundred and twenty eight dollars annually. Others,

931
00:43:26,800 --> 00:43:29,840
Speaker 2: especially people who are wealthy, they are saying, at this point,

932
00:43:29,880 --> 00:43:32,319
Speaker 2: paying the premium is so ridiculous because they have enough

933
00:43:32,320 --> 00:43:34,719
Speaker 2: money stored away that they could probably just you know,

934
00:43:34,800 --> 00:43:38,120
Speaker 2: rebuild if they needed to. Others, though, who don't have

935
00:43:38,200 --> 00:43:41,399
Speaker 2: that capacity, are stuck in a situation where they are

936
00:43:41,480 --> 00:43:45,320
Speaker 2: totally uninsured. They point to one man, for example, who

937
00:43:45,560 --> 00:43:48,319
Speaker 2: he estimates that he has saved some fifty thousand dollars

938
00:43:48,360 --> 00:43:50,879
Speaker 2: for not paying on his eleven hundred square foot Los

939
00:43:50,920 --> 00:43:55,200
Speaker 2: Angeles home, but should anything happen, he would very easily

940
00:43:55,239 --> 00:43:56,239
Speaker 2: be liable for it.

941
00:43:56,640 --> 00:43:58,160
Speaker 3: In some of these areas, like.

942
00:43:58,160 --> 00:44:02,759
Speaker 2: Florida and some wildfire prone areas, for example, in California,

943
00:44:03,080 --> 00:44:05,879
Speaker 2: many current home insurance companies have pulled out, leaving them

944
00:44:05,920 --> 00:44:09,240
Speaker 2: with no option and then if they are totally wiped

945
00:44:09,239 --> 00:44:12,400
Speaker 2: out and destroyed, they are facing a serious issue.

946
00:44:12,440 --> 00:44:14,800
Speaker 3: This is specifically a problem for seniors.

947
00:44:15,040 --> 00:44:18,600
Speaker 2: We covered previously about how fifty this is insane to me.

948
00:44:18,960 --> 00:44:23,840
Speaker 2: Fifty percent of seniors don't have one dollar save for retirement,

949
00:44:24,400 --> 00:44:28,520
Speaker 2: one dollar, so they are a blown tire away from bankruptcy.

950
00:44:28,560 --> 00:44:30,640
Speaker 2: Without social securities, people gonna be starving in the street.

951
00:44:30,840 --> 00:44:33,960
Speaker 2: And then if they also because social security have the

952
00:44:34,000 --> 00:44:36,719
Speaker 2: cost of living increase, some of them have basically been

953
00:44:36,800 --> 00:44:39,279
Speaker 2: deciding just not pay their home insurance premium or don't

954
00:44:39,280 --> 00:44:42,200
Speaker 2: even have home insurance. If they have some sort of disaster,

955
00:44:42,520 --> 00:44:44,719
Speaker 2: they have nothing, you know, beneath their femling'e gonna lose

956
00:44:44,760 --> 00:44:46,960
Speaker 2: everything that they got and no sort of coverage. So

957
00:44:47,239 --> 00:44:49,920
Speaker 2: home insurance is one of those where it's probably secondary

958
00:44:49,920 --> 00:44:52,080
Speaker 2: to car insurance in terms of the one that matters

959
00:44:52,360 --> 00:44:55,960
Speaker 2: the most and one where a single accident can change

960
00:44:56,040 --> 00:44:59,040
Speaker 2: your entire life completely overnight. You know, like the wealthy

961
00:44:59,040 --> 00:45:01,000
Speaker 2: people in here who we're trying to gain the system,

962
00:45:01,080 --> 00:45:02,880
Speaker 2: they're going to be fine, of course, But if you

963
00:45:02,880 --> 00:45:04,680
Speaker 2: were one of those people without a dollar in retirement,

964
00:45:04,880 --> 00:45:06,839
Speaker 2: and you're a state and you're a senior and you're

965
00:45:06,840 --> 00:45:07,480
Speaker 2: not able.

966
00:45:07,280 --> 00:45:08,400
Speaker 3: To afford home insurance.

967
00:45:08,560 --> 00:45:10,319
Speaker 2: It's one of those where it's very clear like we've

968
00:45:10,360 --> 00:45:11,880
Speaker 2: got to get our act together in some sort of

969
00:45:11,880 --> 00:45:14,719
Speaker 2: program put into place very very very soon as more

970
00:45:14,800 --> 00:45:16,359
Speaker 2: of these things are going to happen, or we're going

971
00:45:16,400 --> 00:45:19,360
Speaker 2: to see like we are one event away from like mass.

972
00:45:19,120 --> 00:45:20,719
Speaker 3: Poverty in the state of Florida or in the state

973
00:45:20,760 --> 00:45:21,600
Speaker 3: of California, and.

974
00:45:21,600 --> 00:45:25,120
Speaker 1: We have a hurricane headed that way, what potentially major

975
00:45:25,239 --> 00:45:27,799
Speaker 1: you know, possibly category three hurricane headed that way, which

976
00:45:27,800 --> 00:45:29,719
Speaker 1: we'll get to at a moment. But just to give

977
00:45:29,760 --> 00:45:32,000
Speaker 1: you some more of the numbers of how many people

978
00:45:32,000 --> 00:45:35,600
Speaker 1: are quote unquote bailing on homeowners insurance, twelve percent of

979
00:45:35,680 --> 00:45:39,560
Speaker 1: homers in the US now don't purchase homeowners insurance. Most

980
00:45:39,600 --> 00:45:43,000
Speaker 1: of them a majority, have annual household incomes of less

981
00:45:43,000 --> 00:45:45,440
Speaker 1: than forty thousand dollars. So we're not talking about the

982
00:45:45,480 --> 00:45:48,120
Speaker 1: wealthy saying I got millions in the bank, no big deal.

983
00:45:48,160 --> 00:45:50,520
Speaker 1: If a hurricane wipes out my house, I'll be fine.

984
00:45:50,680 --> 00:45:53,040
Speaker 1: This is people who just literally can't afford it. And

985
00:45:53,120 --> 00:45:55,280
Speaker 1: when you look at those numbers Saga that you cited

986
00:45:55,480 --> 00:45:59,759
Speaker 1: of on a national average, homeowners insurance went up twenty

987
00:45:59,800 --> 00:46:03,759
Speaker 1: per in one year. That's a national average. Just think

988
00:46:03,760 --> 00:46:06,120
Speaker 1: of what's happening in states like Florida, think of what's

989
00:46:06,120 --> 00:46:08,600
Speaker 1: happening in states like California, in states like Colorado, in

990
00:46:08,640 --> 00:46:11,960
Speaker 1: states like Louisiana, and states like Texas. These are places

991
00:46:11,960 --> 00:46:14,680
Speaker 1: that have been really hard hit in the expectation is

992
00:46:14,719 --> 00:46:18,360
Speaker 1: will continue to be hard hit where homeowners' insurance companies

993
00:46:18,400 --> 00:46:22,880
Speaker 1: are increasingly pulling out. Now, many of these states have

994
00:46:23,040 --> 00:46:26,360
Speaker 1: a state run option sort of like a homeowner's inshore

995
00:46:26,520 --> 00:46:30,359
Speaker 1: of last resort. But oftentimes, because you know, if you're

996
00:46:30,440 --> 00:46:32,879
Speaker 1: left with no other option, you're probably in a higher

997
00:46:32,960 --> 00:46:37,880
Speaker 1: risk category, those premiums are very high. So not only

998
00:46:38,160 --> 00:46:42,080
Speaker 1: is this an issue if you face a horrific catastrophe

999
00:46:42,120 --> 00:46:45,160
Speaker 1: and your home is wiped out, this is also a

1000
00:46:45,200 --> 00:46:48,360
Speaker 1: major issue in terms of people being able to afford

1001
00:46:48,400 --> 00:46:53,279
Speaker 1: a house because mortgage issuers have to factor in not

1002
00:46:53,320 --> 00:46:55,480
Speaker 1: only the cost of the house, but also are you

1003
00:46:55,520 --> 00:46:57,400
Speaker 1: going to be able to afford the cost of the

1004
00:46:57,400 --> 00:47:00,680
Speaker 1: homeowner's insurance. So this is also pushing a lot of

1005
00:47:00,680 --> 00:47:04,560
Speaker 1: people out in terms of affordability. You know, there was

1006
00:47:04,600 --> 00:47:08,240
Speaker 1: another article that is incredibly relevant to this, just about

1007
00:47:08,239 --> 00:47:13,240
Speaker 1: how much the cost of these increasingly you know, catastrophic events,

1008
00:47:13,600 --> 00:47:15,759
Speaker 1: how much that cost has escalated. You can put this

1009
00:47:15,880 --> 00:47:19,560
Speaker 1: up on the screen, the headline here the sauce from

1010
00:47:19,560 --> 00:47:21,440
Speaker 1: the Wall Street Journal. Are we ready for one hundred

1011
00:47:21,440 --> 00:47:24,560
Speaker 1: billion dollar catastrophe? How about two hundred billion? Insurance companies

1012
00:47:24,560 --> 00:47:28,000
Speaker 1: are struggling to keep up with economic growth, population ships,

1013
00:47:28,080 --> 00:47:31,520
Speaker 1: inflation trends, and the most unpredictable variable of all, the

1014
00:47:31,640 --> 00:47:36,880
Speaker 1: rising prevalence of natural disasters big and small. The cost

1015
00:47:37,200 --> 00:47:43,040
Speaker 1: to recover from these natural disasters has wildly escalated. And so,

1016
00:47:43,440 --> 00:47:45,640
Speaker 1: I mean, the bottom line that you take away from

1017
00:47:45,640 --> 00:47:48,120
Speaker 1: this article and many others that we've looked at Soger

1018
00:47:48,280 --> 00:47:51,800
Speaker 1: is the homeowner's insurance market in increasing number of states

1019
00:47:51,880 --> 00:47:55,320
Speaker 1: is just completely broken because of where people have built,

1020
00:47:55,360 --> 00:47:59,319
Speaker 1: you know, population centers, because of the increasing frequency, you know,

1021
00:47:59,360 --> 00:48:04,000
Speaker 1: because of client change of these extreme disasters, and because

1022
00:48:04,040 --> 00:48:06,200
Speaker 1: of you know, inflation and the cost to build and

1023
00:48:06,280 --> 00:48:09,279
Speaker 1: the cost of housing, et cetera. There is just you know,

1024
00:48:09,320 --> 00:48:11,600
Speaker 1: for many of these insurers in a lot of regions

1025
00:48:11,600 --> 00:48:14,400
Speaker 1: of the country, it just doesn't make economic sense. And

1026
00:48:14,480 --> 00:48:17,279
Speaker 1: so we've got a market that is completely broken right

1027
00:48:17,280 --> 00:48:20,680
Speaker 1: now with disasters results already for a lot of people.

1028
00:48:20,760 --> 00:48:22,480
Speaker 2: Yeah, and we can fix it now or we can

1029
00:48:22,520 --> 00:48:25,080
Speaker 2: fix it later, because if we all know what's going

1030
00:48:25,120 --> 00:48:26,600
Speaker 2: to happen, there's going to be the one hundred or

1031
00:48:26,600 --> 00:48:29,560
Speaker 2: the two hundred billion dollar catastrophe like a hurricane. Hurricane

1032
00:48:29,560 --> 00:48:31,480
Speaker 2: Sandy was a disaster we all remember. I think it

1033
00:48:31,520 --> 00:48:34,080
Speaker 2: cost somewhere near one hundred billion dollars in damage. And

1034
00:48:34,160 --> 00:48:36,720
Speaker 2: guess what what's going to happen. The home insurance companies

1035
00:48:36,719 --> 00:48:38,040
Speaker 2: are going to come to and ask for a tax

1036
00:48:38,080 --> 00:48:39,400
Speaker 2: payer fund to bailout we already know.

1037
00:48:39,800 --> 00:48:41,800
Speaker 1: We already did that in Florida, by the way, and

1038
00:48:41,920 --> 00:48:43,000
Speaker 1: the Santus gave it to them.

1039
00:48:43,120 --> 00:48:44,480
Speaker 3: Well, and that's the state bailout.

1040
00:48:44,520 --> 00:48:47,200
Speaker 2: I mean we're talking about hundreds that's more than we've

1041
00:48:47,239 --> 00:48:49,759
Speaker 2: given to Ukraine. Okay, Like this is going to cost

1042
00:48:49,800 --> 00:48:52,160
Speaker 2: some serious coin if we don't actually deal with some

1043
00:48:52,200 --> 00:48:56,359
Speaker 2: of this now and actually implements regulation or whatever some

1044
00:48:56,400 --> 00:48:58,799
Speaker 2: sort of program in order to try and head it off,

1045
00:48:58,880 --> 00:49:00,760
Speaker 2: or we're going to end up in the prime world,

1046
00:49:00,760 --> 00:49:03,200
Speaker 2: which is then to require a massive bailout, and then

1047
00:49:03,680 --> 00:49:07,000
Speaker 2: people are absolutely going to get screwed sometime in the interim.

1048
00:49:07,080 --> 00:49:08,719
Speaker 2: So that's why we spend a lot of time on this,

1049
00:49:08,880 --> 00:49:11,520
Speaker 2: especially as you said, we got the hurricane which is

1050
00:49:11,560 --> 00:49:13,239
Speaker 2: coming down right now. Let's go ahead and put that

1051
00:49:13,320 --> 00:49:16,560
Speaker 2: up there on the screen. Hurricane Idalia. I believe that

1052
00:49:16,600 --> 00:49:19,520
Speaker 2: we're saying that correctly, category three with one hundred and

1053
00:49:19,560 --> 00:49:23,200
Speaker 2: fifteen mile wins prior to Florida landfall. So look, we

1054
00:49:23,239 --> 00:49:26,080
Speaker 2: don't know yet where exactly it's going to strike, damage,

1055
00:49:26,160 --> 00:49:28,920
Speaker 2: et cetera. But this is just the beginning of hurricane season,

1056
00:49:29,360 --> 00:49:31,960
Speaker 2: I guess in some respects has already been going on

1057
00:49:32,040 --> 00:49:34,640
Speaker 2: now for quite some time. People in that area, stay

1058
00:49:34,680 --> 00:49:36,839
Speaker 2: safe and all that, and also just be prepared for

1059
00:49:37,160 --> 00:49:39,759
Speaker 2: these scenarios and all that are only going to become

1060
00:49:39,840 --> 00:49:40,720
Speaker 2: even more prevalent.

1061
00:49:40,960 --> 00:49:42,960
Speaker 1: Yeah, and I just looked it up to give people

1062
00:49:43,000 --> 00:49:46,120
Speaker 1: a sense. So, first of all, one hundred percent on Idalia,

1063
00:49:46,160 --> 00:49:47,840
Speaker 1: and we'll be keeping an eye on it. This could

1064
00:49:47,960 --> 00:49:50,760
Speaker 1: make landfall as a category three. This is incredibly serious.

1065
00:49:51,000 --> 00:49:53,239
Speaker 1: Governor DeSantis has already said, you know, this is going

1066
00:49:53,280 --> 00:49:56,440
Speaker 1: to be a major storm. There are mandatory evacuations in

1067
00:49:56,480 --> 00:49:59,440
Speaker 1: place for some of these areas. Tampa looks like it

1068
00:49:59,480 --> 00:50:01,680
Speaker 1: could be hit, so we'll keep an eye on that.

1069
00:50:02,280 --> 00:50:04,920
Speaker 1: In terms of you know historic cost of some of

1070
00:50:04,960 --> 00:50:10,759
Speaker 1: these catastrophes. The most financially expensive natural catastrophe in US

1071
00:50:10,840 --> 00:50:14,200
Speaker 1: history was actually Hurricane Katrina back in two thousand and five,

1072
00:50:14,360 --> 00:50:17,040
Speaker 1: estimated one hundred and eighty six billion dollars in damage.

1073
00:50:17,200 --> 00:50:19,960
Speaker 1: But the second most is one that might surprise people.

1074
00:50:20,120 --> 00:50:24,560
Speaker 1: It's Hurricane Harvey, which was just in twenty seventeen, which

1075
00:50:24,600 --> 00:50:28,120
Speaker 1: inflicted one hundred and forty eight billion dollars in damage.

1076
00:50:28,440 --> 00:50:32,920
Speaker 1: And Hurricane Harvey is part of what sent you know,

1077
00:50:33,000 --> 00:50:36,920
Speaker 1: portions of the homeowner's insurance market into a spiral and

1078
00:50:36,960 --> 00:50:41,160
Speaker 1: effectively like broke the homeowner's insurance market and made some

1079
00:50:41,239 --> 00:50:44,279
Speaker 1: of this so wildly expensive. So anyway, I know, this

1080
00:50:44,320 --> 00:50:45,880
Speaker 1: is a real pain point for a lot of people.

1081
00:50:45,920 --> 00:50:47,600
Speaker 1: So it's something we're going to continue to follow.

1082
00:50:47,719 --> 00:50:48,439
Speaker 3: Yep, that's right.

1083
00:50:51,200 --> 00:50:54,640
Speaker 1: All right, Let's get back to some some domestic politics here.

1084
00:50:55,400 --> 00:50:58,719
Speaker 1: There was an interesting back and forth between Center and

1085
00:50:58,719 --> 00:51:01,920
Speaker 1: Bernie Sanders and one of his former supporters, Cornell and

1086
00:51:01,920 --> 00:51:04,400
Speaker 1: doctor Cornell West, who is now running as a third

1087
00:51:04,440 --> 00:51:08,920
Speaker 1: party candidate for president. Now, Bernie has already jumped in

1088
00:51:09,000 --> 00:51:13,240
Speaker 1: to endorse Joe Biden. This in spite of the fact

1089
00:51:13,239 --> 00:51:15,400
Speaker 1: that you know, he continues to he just gave a

1090
00:51:15,400 --> 00:51:18,200
Speaker 1: big speech in New Hampshire calling out the corporate Democrats

1091
00:51:18,239 --> 00:51:20,960
Speaker 1: and you know, urging them to do more. But even

1092
00:51:21,000 --> 00:51:23,200
Speaker 1: in that same speech saying up, but we got to

1093
00:51:23,239 --> 00:51:25,120
Speaker 1: back Biden, we got to unify behind Biden.

1094
00:51:25,160 --> 00:51:25,399
Speaker 3: Etc.

1095
00:51:26,120 --> 00:51:31,320
Speaker 1: He got asked on CNN specifically about doctor West's challenge

1096
00:51:31,560 --> 00:51:34,280
Speaker 1: of the current president, Joe Biden. Let's take a listen

1097
00:51:34,360 --> 00:51:35,280
Speaker 1: to how we responded.

1098
00:51:35,680 --> 00:51:39,280
Speaker 6: Chris Sanders Cornell West, who is a close ally of yours.

1099
00:51:39,600 --> 00:51:42,640
Speaker 3: He is running a third party campaign for president.

1100
00:51:42,760 --> 00:51:46,800
Speaker 6: He recently criticized you for endorsing President Biden's reelection.

1101
00:51:46,920 --> 00:51:47,800
Speaker 3: Listen to what he said.

1102
00:51:49,680 --> 00:51:52,719
Speaker 7: I love the brother, and you know, even in love,

1103
00:51:52,840 --> 00:51:56,439
Speaker 7: people have deep disagreements about these things. But I think

1104
00:51:56,520 --> 00:52:01,000
Speaker 7: again he's fearful of the neo fascism of people. Look

1105
00:52:01,040 --> 00:52:03,840
Speaker 7: at Biden. They don't really want to tell the full truth.

1106
00:52:04,200 --> 00:52:08,480
Speaker 7: He's created the best economy that we can get. Is

1107
00:52:08,480 --> 00:52:11,120
Speaker 7: this the best that we can get? You're going to

1108
00:52:11,160 --> 00:52:15,759
Speaker 7: tell that lie to the people just for Biden to win.

1109
00:52:18,600 --> 00:52:19,640
Speaker 3: What's your reaction to that?

1110
00:52:23,040 --> 00:52:25,920
Speaker 8: Well, my reaction is that certainly is not the best

1111
00:52:26,000 --> 00:52:28,520
Speaker 8: economy that we can create. That was my speech was

1112
00:52:28,560 --> 00:52:31,480
Speaker 8: about yesterday, We've got to join the rest of the

1113
00:52:31,520 --> 00:52:34,279
Speaker 8: industrialized world guarantee healthcare at all. We've got to cut

1114
00:52:34,280 --> 00:52:37,000
Speaker 8: the costs of prescription drugs in half. We've got to

1115
00:52:37,080 --> 00:52:40,000
Speaker 8: raise the minimum wage to at least seventeen bucks. And

1116
00:52:40,080 --> 00:52:42,640
Speaker 8: now we've got to build the affordable housing we desperately need.

1117
00:52:42,960 --> 00:52:45,840
Speaker 8: But where I disagree with my good friend of Cornel

1118
00:52:45,880 --> 00:52:52,960
Speaker 8: West is I think in these really very difficult times

1119
00:52:53,520 --> 00:52:56,680
Speaker 8: where there is a real question whether democracy is going

1120
00:52:56,719 --> 00:52:59,920
Speaker 8: to remain in the United States of America. You know,

1121
00:53:00,080 --> 00:53:03,560
Speaker 8: Donald Trump is not somebody who believes in democracy, whether

1122
00:53:03,640 --> 00:53:05,920
Speaker 8: women are going to be able to continue to control

1123
00:53:06,000 --> 00:53:10,800
Speaker 8: their own bodies, whether we have social justice in America.

1124
00:53:10,880 --> 00:53:14,040
Speaker 8: We end bigotry around that. I think we have got

1125
00:53:14,040 --> 00:53:18,719
Speaker 8: to bring the entire progressive community to defeat Trump or

1126
00:53:18,719 --> 00:53:22,520
Speaker 8: whether the Republican nominee will be support Biden. But at

1127
00:53:22,520 --> 00:53:25,279
Speaker 8: the same time, which is what I did yesterday, is

1128
00:53:25,520 --> 00:53:28,279
Speaker 8: the man that the Democratic Party, not just Biden, have

1129
00:53:28,400 --> 00:53:31,400
Speaker 8: the guts that take on corporate greed and the massive

1130
00:53:31,480 --> 00:53:34,200
Speaker 8: levels of incomb and wealth inequality that we see today.

1131
00:53:34,960 --> 00:53:36,360
Speaker 1: Saga, would you make of that exchange?

1132
00:53:36,719 --> 00:53:39,719
Speaker 2: Well, that's good of an articulation of vote Blue, no

1133
00:53:39,719 --> 00:53:41,719
Speaker 2: matter who I've ever heard. I think it's a bit

1134
00:53:41,760 --> 00:53:46,000
Speaker 2: odd because Bernie nobody asked him or AOC or any

1135
00:53:46,040 --> 00:53:49,160
Speaker 2: of these other people to step in so early and

1136
00:53:49,200 --> 00:53:52,319
Speaker 2: affirmatively endorsed Byen. He never did any of that back

1137
00:53:52,320 --> 00:53:55,319
Speaker 2: in twenty twenty. And now he's been effectively, you know,

1138
00:53:55,760 --> 00:53:59,760
Speaker 2: he's been downgraded to some sort of campaign suriate, openly

1139
00:53:59,840 --> 00:54:04,120
Speaker 2: attack in Cornell West and undermining many of the theories

1140
00:54:04,160 --> 00:54:06,799
Speaker 2: of which he himself ran on for a long time. So,

1141
00:54:07,080 --> 00:54:09,319
Speaker 2: I mean, I can't think of it anything as like.

1142
00:54:09,800 --> 00:54:11,880
Speaker 2: I mean, it's really an outright betrayal of like so

1143
00:54:12,000 --> 00:54:14,040
Speaker 2: much of his life's work and a lot of the people.

1144
00:54:13,800 --> 00:54:16,040
Speaker 3: Who followed his movement.

1145
00:54:16,120 --> 00:54:18,440
Speaker 2: I mean, not only in order to endorse Biden and

1146
00:54:18,480 --> 00:54:21,200
Speaker 2: not acknowledge any of the third party candidates or sorry,

1147
00:54:21,200 --> 00:54:23,799
Speaker 2: any of the candidate challengers who are running against him,

1148
00:54:23,800 --> 00:54:26,400
Speaker 2: but then to openly dismiss and discourage the idea of

1149
00:54:26,440 --> 00:54:30,000
Speaker 2: third parties, which is directly Cornell West explicitly trying to

1150
00:54:30,040 --> 00:54:32,840
Speaker 2: run against Joe Biden and to force change, and to

1151
00:54:32,920 --> 00:54:35,600
Speaker 2: try and get some of his ideas injected into the

1152
00:54:35,640 --> 00:54:37,960
Speaker 2: party of which and even candidates of which he you know,

1153
00:54:38,120 --> 00:54:41,960
Speaker 2: long was a defender of that. That is literally the

1154
00:54:42,000 --> 00:54:45,280
Speaker 2: definition of democracy. So Bernie saying that he's endorsing Biden

1155
00:54:45,360 --> 00:54:48,240
Speaker 2: or whatever because of democracy, but also kind of openly

1156
00:54:48,239 --> 00:54:51,800
Speaker 2: trashing the idea of democracy itself by running against Biden,

1157
00:54:51,920 --> 00:54:52,960
Speaker 2: it doesn't make any sense.

1158
00:54:53,080 --> 00:54:55,560
Speaker 1: So there's two pieces of this. One part I actually

1159
00:54:55,560 --> 00:54:57,880
Speaker 1: agree with and one part I really disagree with, and

1160
00:54:57,920 --> 00:55:01,440
Speaker 1: I think profoundly goes against everything that he previously stood

1161
00:55:01,440 --> 00:55:03,840
Speaker 1: for and argued for. So the part that I'll start with,

1162
00:55:03,880 --> 00:55:06,600
Speaker 1: the part I agree on, I think he's basically correct

1163
00:55:06,680 --> 00:55:10,120
Speaker 1: about third parties. I think the only thing that Cornell West,

1164
00:55:10,120 --> 00:55:14,239
Speaker 1: doctor West, who I love, admire, respect, whose politics I

1165
00:55:14,280 --> 00:55:18,440
Speaker 1: almost wholly and completely share, I think effectively the only

1166
00:55:18,719 --> 00:55:21,399
Speaker 1: thing that his campaign will accomplish is number one, helping

1167
00:55:21,480 --> 00:55:24,840
Speaker 1: to reelect Donald Trump and number two hurting the left,

1168
00:55:25,200 --> 00:55:28,000
Speaker 1: because ultimately, you know, there just a poll that came

1169
00:55:28,000 --> 00:55:30,440
Speaker 1: out that showed Biden and Trump basically tied in a

1170
00:55:30,480 --> 00:55:32,480
Speaker 1: head to head. You throw Cornell West in and Trump

1171
00:55:32,520 --> 00:55:35,960
Speaker 1: is winning by like five points, and the margin is

1172
00:55:36,120 --> 00:55:39,040
Speaker 1: just exactly the amount that doctor West takes away from

1173
00:55:39,120 --> 00:55:42,040
Speaker 1: Joe Biden. Now, listen, it's fully on Joe Biden that

1174
00:55:42,120 --> 00:55:44,880
Speaker 1: he needs to do more to appeal to potential Cornell

1175
00:55:44,920 --> 00:55:46,960
Speaker 1: West voters. But let's live in the land of reality

1176
00:55:47,000 --> 00:55:48,640
Speaker 1: of how this is going to work out. They're not

1177
00:55:48,680 --> 00:55:51,719
Speaker 1: going to do that, Doctor West. Will take some percentage,

1178
00:55:51,800 --> 00:55:54,520
Speaker 1: relatively small percentage away from the Democratic total, and it

1179
00:55:54,560 --> 00:55:56,520
Speaker 1: makes it easier for Donald Trump to get elected. So

1180
00:55:56,520 --> 00:56:00,279
Speaker 1: if your priority is re electing a Democrat, and if

1181
00:56:00,280 --> 00:56:03,319
Speaker 1: you believe as I do, that Donald Trump and Joe

1182
00:56:03,360 --> 00:56:05,839
Speaker 1: Biden are not equivalent, that Joe Biden has been better

1183
00:56:05,880 --> 00:56:08,360
Speaker 1: in particular on economics, but also with things like the

1184
00:56:08,400 --> 00:56:12,000
Speaker 1: withdrawal from Afghanistan, then yeah, I think a third party

1185
00:56:12,000 --> 00:56:14,880
Speaker 1: effort makes it more likely that Donald Trump gets reelected.

1186
00:56:14,920 --> 00:56:16,440
Speaker 1: And the reason why I say I think it will

1187
00:56:16,520 --> 00:56:19,839
Speaker 1: ultimately also hurt the left wing and left principles. If

1188
00:56:19,880 --> 00:56:22,200
Speaker 1: that's what you care about, is we have the model

1189
00:56:22,239 --> 00:56:24,680
Speaker 1: of twenty sixteen. Look, the theory in twenty sixteen with

1190
00:56:24,840 --> 00:56:28,120
Speaker 1: Jill Stein was if we withhold our votes from the Democrats,

1191
00:56:28,160 --> 00:56:29,719
Speaker 1: and that's going to force them to the table, We're

1192
00:56:29,719 --> 00:56:31,080
Speaker 1: going to have a voice in the room. They're going

1193
00:56:31,120 --> 00:56:33,440
Speaker 1: to have to come to our side. No, that's not

1194
00:56:33,520 --> 00:56:37,239
Speaker 1: what they did. Instead, they demonized anyone who would have

1195
00:56:37,239 --> 00:56:40,840
Speaker 1: even considered Jill Stein. They used it to demonize the left,

1196
00:56:40,840 --> 00:56:44,200
Speaker 1: they used it to undercut any sort of leftward push.

1197
00:56:44,360 --> 00:56:46,839
Speaker 1: And so while I would love to imagine that that

1198
00:56:46,920 --> 00:56:49,239
Speaker 1: theory of the case would work out, we've seen the

1199
00:56:49,280 --> 00:56:52,080
Speaker 1: reality and that is not what happens now. The place

1200
00:56:52,080 --> 00:56:55,279
Speaker 1: where I profoundly disagree with Bernie Sanders is on his

1201
00:56:55,360 --> 00:56:59,239
Speaker 1: orientation towards the Democratic primary. And there's another section of

1202
00:56:59,280 --> 00:57:02,760
Speaker 1: this where he gets asked specifically about the Democratic primary

1203
00:57:03,120 --> 00:57:07,000
Speaker 1: and he says, no, I think we need to unify

1204
00:57:07,080 --> 00:57:10,480
Speaker 1: behind Joe Biden because that will be what helps to

1205
00:57:10,520 --> 00:57:14,799
Speaker 1: defeat Donald Trump. Well, that's exactly the argument that was

1206
00:57:14,880 --> 00:57:19,600
Speaker 1: used against Bernie Sanders himself, both in twenty sixteen and

1207
00:57:19,720 --> 00:57:24,520
Speaker 1: again in twenty twenty. Stop criticizing the Democrats, stop criticizing

1208
00:57:24,560 --> 00:57:29,040
Speaker 1: the democratic establishment, stop running all together, because you're sowing dissent,

1209
00:57:29,440 --> 00:57:32,120
Speaker 1: and your you know, attempts at democracy here are really

1210
00:57:32,240 --> 00:57:35,880
Speaker 1: undermining our attempt to defeat Donald Trump. It was bullshit then,

1211
00:57:36,040 --> 00:57:38,720
Speaker 1: it's bullshit now. And the fact that he jumped in

1212
00:57:39,160 --> 00:57:43,080
Speaker 1: to endorse Joe Biden, a man that he knows is

1213
00:57:43,160 --> 00:57:46,880
Speaker 1: not living up to the you know Democrats, Social democratic

1214
00:57:46,960 --> 00:57:50,880
Speaker 1: ideals that Bernie Sanders supports is not living up to

1215
00:57:51,000 --> 00:57:53,880
Speaker 1: the bare minimum of really helping the working class or

1216
00:57:53,920 --> 00:57:56,240
Speaker 1: even the meeting the promises that he himself made on

1217
00:57:56,280 --> 00:57:59,400
Speaker 1: the campaign trail, something that I know that Bernie Sanders

1218
00:57:59,440 --> 00:58:01,520
Speaker 1: is aware of, because he just gave this big speech

1219
00:58:01,560 --> 00:58:05,080
Speaker 1: in New Hampshire with this direct critique of the corporate

1220
00:58:05,120 --> 00:58:08,040
Speaker 1: wing of the Democratic Party. But still you jump and

1221
00:58:08,120 --> 00:58:11,800
Speaker 1: endorse him while there's a competitive primary going on. Listen,

1222
00:58:11,960 --> 00:58:15,040
Speaker 1: I understand, I'm not a fool. The realities of DC.

1223
00:58:15,400 --> 00:58:18,040
Speaker 1: Okay for him to endorse the candidate Marian Williamson, who

1224
00:58:18,080 --> 00:58:20,919
Speaker 1: most closely matches his own ideology. I get the way

1225
00:58:20,960 --> 00:58:23,000
Speaker 1: that that would make it impossible for him to, you know,

1226
00:58:23,280 --> 00:58:25,480
Speaker 1: have any sort of influence with the White House, et cetera,

1227
00:58:25,520 --> 00:58:28,080
Speaker 1: et cetera. But you didn't have to do anything. You know,

1228
00:58:28,120 --> 00:58:30,440
Speaker 1: you could have just stayed out. And if you really

1229
00:58:30,480 --> 00:58:34,040
Speaker 1: believe your rhetoric about what needs to be done to

1230
00:58:34,080 --> 00:58:38,240
Speaker 1: defeat Donald Trump, then actually you would endorse and fight

1231
00:58:38,360 --> 00:58:40,800
Speaker 1: for Marian Williamson because she is the person who is

1232
00:58:40,840 --> 00:58:44,840
Speaker 1: carrying the mantle of his political project. Let me put

1233
00:58:44,840 --> 00:58:46,560
Speaker 1: this next piece up on the screen. I referred to

1234
00:58:46,600 --> 00:58:49,280
Speaker 1: this New Hampshire speech a couple of times, so he

1235
00:58:49,520 --> 00:58:52,960
Speaker 1: Bernie Sanders traveled to Yeah, this is the third element.

1236
00:58:53,320 --> 00:58:56,520
Speaker 1: Bernie Sanders traveled to New Hampshire, and he says, I

1237
00:58:56,560 --> 00:58:59,640
Speaker 1: gave a major speech about why Democrats must ignore the

1238
00:58:59,680 --> 00:59:02,640
Speaker 1: corporate wing of the party and instead put forward a

1239
00:59:02,680 --> 00:59:06,440
Speaker 1: concrete agenda that speaks to the needs of struggling working Americans.

1240
00:59:07,040 --> 00:59:09,880
Speaker 1: And in the very same speech where he's saying we've

1241
00:59:09,880 --> 00:59:12,240
Speaker 1: got to reject the corporate Democrats and we've got to

1242
00:59:12,280 --> 00:59:14,120
Speaker 1: do better, and we've got to lay on this working

1243
00:59:14,120 --> 00:59:17,800
Speaker 1: class vision, et cetera, et cetera, he's also repeatedly saying

1244
00:59:18,080 --> 00:59:20,080
Speaker 1: we got to back Joe Biden. I back Joe Biden.

1245
00:59:20,160 --> 00:59:22,600
Speaker 1: I back Joe Biden, I back Joe Biden. These two

1246
00:59:22,600 --> 00:59:27,360
Speaker 1: things make no sense together. It's just wildly inconsistent. It's nonsensical,

1247
00:59:27,760 --> 00:59:30,720
Speaker 1: and it does go against everything he used to say

1248
00:59:31,040 --> 00:59:34,560
Speaker 1: about the importance of democracy and the importance of backing

1249
00:59:34,600 --> 00:59:38,600
Speaker 1: candidates who are going to support an actual, genuine, material,

1250
00:59:38,880 --> 00:59:42,040
Speaker 1: working class agenda. So that's the piece that makes no

1251
00:59:42,120 --> 00:59:43,520
Speaker 1: sense to me and that I really object to.

1252
00:59:43,640 --> 00:59:45,480
Speaker 2: Well you should, I mean, this is the man who

1253
00:59:45,520 --> 00:59:47,520
Speaker 2: said he was going to challenge Obama or at least

1254
00:59:47,560 --> 00:59:50,440
Speaker 2: thought about challenging Obama for the primary in twenty twelve.

1255
00:59:50,480 --> 00:59:52,720
Speaker 2: He used to really believe in shaking up the system,

1256
00:59:52,840 --> 00:59:54,840
Speaker 2: and so yeah, I mean, it's one of those where

1257
00:59:55,160 --> 00:59:59,040
Speaker 2: I just don't really understand his orientation around all of this.

1258
00:59:59,200 --> 01:00:01,040
Speaker 2: And as you said too, you know, you can separate

1259
01:00:01,080 --> 01:00:03,600
Speaker 2: two different things like a third party bid and then

1260
01:00:03,680 --> 01:00:06,400
Speaker 2: also an active primary challenge, of which he has refused

1261
01:00:06,400 --> 01:00:08,560
Speaker 2: to get involved in, or at very least he could

1262
01:00:08,560 --> 01:00:11,520
Speaker 2: stay silent. He could ask Biden, he could be like, well,

1263
01:00:11,520 --> 01:00:13,200
Speaker 2: if you want me to endorse you, I'm gonna need X,

1264
01:00:13,280 --> 01:00:16,000
Speaker 2: Y and Z. But he has actually not done literally

1265
01:00:16,080 --> 01:00:18,400
Speaker 2: any of that, right, So that's that I think is

1266
01:00:18,440 --> 01:00:20,720
Speaker 2: his biggest problem that he has going on.

1267
01:00:21,040 --> 01:00:22,280
Speaker 3: You know. And that's the thing too.

1268
01:00:22,360 --> 01:00:24,400
Speaker 2: Look with Corner West, like nobody can get into his

1269
01:00:24,760 --> 01:00:27,360
Speaker 2: mind or into his head about exactly what he's doing,

1270
01:00:27,440 --> 01:00:29,800
Speaker 2: what he's trying, and what he wants to do. I mean,

1271
01:00:29,840 --> 01:00:31,040
Speaker 2: And the other thing is you could take it out

1272
01:00:31,040 --> 01:00:32,760
Speaker 2: of his word, and he just believes that it's not

1273
01:00:32,800 --> 01:00:34,400
Speaker 2: going to work. And I think, you know, we have

1274
01:00:34,440 --> 01:00:37,480
Speaker 2: to come back to this, Like you can't quash his

1275
01:00:37,560 --> 01:00:39,880
Speaker 2: ability to run like you can't declare war against you

1276
01:00:39,920 --> 01:00:41,120
Speaker 2: at the end of the day, like you have to

1277
01:00:41,160 --> 01:00:43,920
Speaker 2: work within the system. The Green Party has ballid access

1278
01:00:44,200 --> 01:00:45,680
Speaker 2: and in that like you got to fight for the

1279
01:00:45,760 --> 01:00:46,920
Speaker 2: votes and actually get him.

1280
01:00:47,200 --> 01:00:48,960
Speaker 3: And there's you know, there's a way in order to

1281
01:00:48,960 --> 01:00:49,600
Speaker 3: get that done.

1282
01:00:49,840 --> 01:00:52,480
Speaker 2: And if you know Bernie believes so passionately, then he

1283
01:00:52,520 --> 01:00:54,240
Speaker 2: would have to make a much better case to many

1284
01:00:54,280 --> 01:00:56,160
Speaker 2: of the people who are who would and are considering

1285
01:00:56,200 --> 01:00:59,160
Speaker 2: Cornell West for a president in order to say, here's

1286
01:00:59,200 --> 01:01:01,360
Speaker 2: why if you share our politics, like going back in

1287
01:01:01,400 --> 01:01:03,320
Speaker 2: the day, you would have to go and do this

1288
01:01:03,360 --> 01:01:05,080
Speaker 2: and that's why, you know, we can actually have a

1289
01:01:05,160 --> 01:01:07,320
Speaker 2: vision of change in order toly affect and get things

1290
01:01:07,320 --> 01:01:10,080
Speaker 2: done on this side. But he's not doing that, you know,

1291
01:01:10,120 --> 01:01:12,240
Speaker 2: in any of these pitches or in the New Hampshire speech.

1292
01:01:12,360 --> 01:01:15,320
Speaker 1: Yeah, and listen, guys, just to be clear about third parties,

1293
01:01:15,360 --> 01:01:18,080
Speaker 1: like I would love to, you know, live in a

1294
01:01:18,120 --> 01:01:21,680
Speaker 1: world where Cornell West running as a third party candidate

1295
01:01:21,760 --> 01:01:24,200
Speaker 1: had a real shot at the White House, but simply

1296
01:01:24,280 --> 01:01:26,960
Speaker 1: because of the structure of our political system as it

1297
01:01:27,000 --> 01:01:29,880
Speaker 1: exists today, it's not going to happen. And so you

1298
01:01:29,880 --> 01:01:33,240
Speaker 1: know that's the reality that I'm sort of grappling with here,

1299
01:01:33,440 --> 01:01:37,240
Speaker 1: and we have an example from twenty sixteen of how

1300
01:01:37,320 --> 01:01:40,440
Speaker 1: this all works out. Now. I think the narrative about oh,

1301
01:01:40,520 --> 01:01:42,800
Speaker 1: Jill Stein costs a democracy election twenty I think that's

1302
01:01:42,800 --> 01:01:45,240
Speaker 1: total bullshit. Like the numbers just literally don't add up.

1303
01:01:45,320 --> 01:01:48,120
Speaker 1: That's not what happened. Hillary Clinton was a disastrous candidate.

1304
01:01:48,160 --> 01:01:49,960
Speaker 1: It's one hundred percent on her. So let me be

1305
01:01:50,000 --> 01:01:52,439
Speaker 1: really clear about that. But let's also be clear about

1306
01:01:52,480 --> 01:01:54,680
Speaker 1: the fact that they definitely blamed Jill Stein, and they

1307
01:01:54,720 --> 01:01:57,480
Speaker 1: definitely blamed her supporters, and it did not have the

1308
01:01:57,560 --> 01:02:00,760
Speaker 1: impact that people wanted it to have. Then forcing the

1309
01:02:00,800 --> 01:02:03,080
Speaker 1: Democratic Party to come to the table and actually appeal

1310
01:02:03,120 --> 01:02:05,280
Speaker 1: to these voters. That is not their response. That's never

1311
01:02:05,320 --> 01:02:07,360
Speaker 1: going to be their response. So let's not pretend that

1312
01:02:07,440 --> 01:02:09,640
Speaker 1: it really is. So that's the third party piece, but

1313
01:02:09,720 --> 01:02:12,320
Speaker 1: listen on the Democratic primary piece. I just think it's

1314
01:02:12,560 --> 01:02:15,320
Speaker 1: I do find it sad. I still really, you know,

1315
01:02:15,480 --> 01:02:18,080
Speaker 1: really respected to Meyer Bernie Sanders. I think he's done

1316
01:02:18,080 --> 01:02:20,040
Speaker 1: a lot for this country. He still is one of

1317
01:02:20,080 --> 01:02:22,480
Speaker 1: the most beloved figures in the entire country because of

1318
01:02:22,520 --> 01:02:24,680
Speaker 1: his willingness to speak the truth on a number of

1319
01:02:24,720 --> 01:02:27,680
Speaker 1: issues about the media class, the political class, and the

1320
01:02:27,720 --> 01:02:30,320
Speaker 1: way that working class people have been screwed. But on

1321
01:02:30,400 --> 01:02:33,800
Speaker 1: this particular, like how he's jumped in to endorse Joe Biden,

1322
01:02:33,960 --> 01:02:36,360
Speaker 1: it goes against everything that he said in twenty sixteen,

1323
01:02:36,440 --> 01:02:39,080
Speaker 1: everything he said in twenty twenty, everything he said about

1324
01:02:39,080 --> 01:02:41,040
Speaker 1: his theory of political change, and it makes no sense.

1325
01:02:41,080 --> 01:02:43,080
Speaker 3: Yeah, exactly. That's really what galls me.

1326
01:02:43,120 --> 01:02:44,840
Speaker 2: I'm like, it's changed if this is the difference in

1327
01:02:44,880 --> 01:02:47,000
Speaker 2: everything your entire life, and it's like, and this is

1328
01:02:47,080 --> 01:02:48,320
Speaker 2: this is your last app.

1329
01:02:48,280 --> 01:02:49,400
Speaker 1: Into the argument they were making.

1330
01:02:49,680 --> 01:02:52,280
Speaker 3: See, you're almost ninety years old. He's like eighty what

1331
01:02:52,320 --> 01:02:54,720
Speaker 3: is he eighty six? It's like, this is it for you, dude,

1332
01:02:54,760 --> 01:02:56,480
Speaker 3: this is this is what people are going to remember

1333
01:02:56,520 --> 01:02:59,040
Speaker 3: you for. So listen. He gets to choose the course

1334
01:02:59,360 --> 01:03:00,200
Speaker 3: of his own life.

1335
01:03:00,400 --> 01:03:03,080
Speaker 2: Some news that we just couldn't ignore on vivike Ramaswami

1336
01:03:03,160 --> 01:03:05,400
Speaker 2: too good and too fun for our media block. Here

1337
01:03:05,600 --> 01:03:10,880
Speaker 2: about Eminem and vivikes Ramaswami's previous personality known as davek

1338
01:03:11,160 --> 01:03:14,880
Speaker 2: the Rapper, who would frequently rap Lose Yourself by Eminem

1339
01:03:14,920 --> 01:03:17,360
Speaker 2: while he was in college and also showed it to

1340
01:03:17,400 --> 01:03:20,680
Speaker 2: all of us at the Iowa State Fair. Eminem, it seems,

1341
01:03:20,680 --> 01:03:22,440
Speaker 2: has taken notice. Let's go ahead and put this up

1342
01:03:22,480 --> 01:03:26,560
Speaker 2: there on the screen. Eminem has sent Vivic a cease

1343
01:03:26,680 --> 01:03:30,880
Speaker 2: and desist letter demanding that he stopped wrapping his music

1344
01:03:31,280 --> 01:03:34,320
Speaker 2: on the campaign trail. That the Daily Mail can say

1345
01:03:34,360 --> 01:03:38,560
Speaker 2: after exclusively obtaining a letter from a representative for the

1346
01:03:38,640 --> 01:03:43,440
Speaker 2: music licenser BMI, which represents Eminem, they say quote in

1347
01:03:43,520 --> 01:03:46,120
Speaker 2: the letter, which was dated on August twenty third, BMI

1348
01:03:46,240 --> 01:03:49,520
Speaker 2: told the campaign's lawyer they had received communications from mister

1349
01:03:49,640 --> 01:03:53,880
Speaker 2: Marshall B. Mathers, the third professionally known as Eminem, objecting

1350
01:03:53,920 --> 01:03:56,960
Speaker 2: to the Ramaswami campaign's use of his musical compositions the

1351
01:03:57,000 --> 01:04:01,000
Speaker 2: Eminem works, and requesting that they remove all Eminem works

1352
01:04:01,040 --> 01:04:04,600
Speaker 2: from the agreement. B and I will consider any performance

1353
01:04:04,640 --> 01:04:07,080
Speaker 2: of Eminem works by the Vike twenty twenty four campaign

1354
01:04:07,120 --> 01:04:09,880
Speaker 2: from this date forward to be a material breach of

1355
01:04:09,920 --> 01:04:13,000
Speaker 2: the agreement for which BMI reserves all rights and remedies

1356
01:04:13,240 --> 01:04:18,400
Speaker 2: with respect there too. Ramaswami having performed Eminem's Lose Yourself

1357
01:04:18,480 --> 01:04:22,200
Speaker 2: eleven days before that the actual letter was sent, we

1358
01:04:22,280 --> 01:04:25,000
Speaker 2: have some We can put this a little bit of

1359
01:04:25,040 --> 01:04:27,120
Speaker 2: a video that we have, we can't play the music

1360
01:04:27,120 --> 01:04:28,280
Speaker 2: for you for copyright reasons.

1361
01:04:28,520 --> 01:04:29,680
Speaker 1: Would come after us as well.

1362
01:04:30,080 --> 01:04:31,920
Speaker 2: Well, his lawyers would come after us and get all

1363
01:04:31,920 --> 01:04:35,160
Speaker 2: of our ad revenue from this video. The funny thing

1364
01:04:35,240 --> 01:04:38,800
Speaker 2: is is Avic responded and took it in stride. Let's

1365
01:04:38,840 --> 01:04:41,160
Speaker 2: put this up there. He says, quote, will the real

1366
01:04:41,320 --> 01:04:44,680
Speaker 2: slim shady please stand up? He didn't just say what

1367
01:04:44,760 --> 01:04:45,480
Speaker 2: I think he did?

1368
01:04:45,640 --> 01:04:49,080
Speaker 3: Did? He at eminem with laughing face?

1369
01:04:49,160 --> 01:04:51,680
Speaker 2: So you know, I actually do have a question here

1370
01:04:51,760 --> 01:04:55,440
Speaker 2: around these cease and desist letters, okay, and their legal standing.

1371
01:04:55,560 --> 01:04:58,880
Speaker 2: I mean, are you allowed to tell this happens like

1372
01:04:58,960 --> 01:05:02,160
Speaker 2: every time you have some candidate who somebody doesn't like

1373
01:05:02,200 --> 01:05:04,520
Speaker 2: and they're like, hey, you need to stop using my music,

1374
01:05:04,520 --> 01:05:06,360
Speaker 2: But then the candidates never do seem to do anything

1375
01:05:06,400 --> 01:05:08,160
Speaker 2: about it. And I mean, one of the things I

1376
01:05:08,200 --> 01:05:10,880
Speaker 2: was looking at here is like this is now constitution agreement,

1377
01:05:10,920 --> 01:05:12,120
Speaker 2: and it's like, well, hold on a second, Like he

1378
01:05:12,160 --> 01:05:15,640
Speaker 2: didn't agree to anything. And whenever it comes to copyright,

1379
01:05:15,680 --> 01:05:17,720
Speaker 2: if you're not using it to make money, you know,

1380
01:05:17,800 --> 01:05:19,680
Speaker 2: I mean, I just assume that there's like a whole

1381
01:05:19,840 --> 01:05:23,360
Speaker 2: different legal conversation around this. I'm assuming he just did

1382
01:05:23,360 --> 01:05:25,640
Speaker 2: it for political or public purposes, because he's like, I

1383
01:05:25,680 --> 01:05:28,080
Speaker 2: don't want my music associated with this guy's brand.

1384
01:05:28,160 --> 01:05:30,760
Speaker 3: Yeah yeah, But I'm like, this is actually enforceable. I

1385
01:05:30,800 --> 01:05:31,280
Speaker 3: don't think.

1386
01:05:31,480 --> 01:05:34,720
Speaker 1: Yeah, I have no idea what the legality or around

1387
01:05:34,760 --> 01:05:37,400
Speaker 1: any of this is if there's actually something enforceable here.

1388
01:05:37,440 --> 01:05:41,240
Speaker 1: But listen, if I was an artist and some politician

1389
01:05:41,280 --> 01:05:43,200
Speaker 1: that I hated was using my music, I would feel

1390
01:05:43,240 --> 01:05:44,800
Speaker 1: the same way, and I would would definitely be the

1391
01:05:44,840 --> 01:05:47,760
Speaker 1: point like, don't use my art on behalf of whatever

1392
01:05:47,800 --> 01:05:51,800
Speaker 1: political project that I wildly disagree with. But to your

1393
01:05:51,800 --> 01:05:54,200
Speaker 1: point about how this happens all the time, I pulled

1394
01:05:54,280 --> 01:05:57,120
Speaker 1: up there's actually a Wikipedia that lists all of the

1395
01:05:57,240 --> 01:06:00,240
Speaker 1: musicians who have at some point opposed on Trump use

1396
01:06:00,280 --> 01:06:02,160
Speaker 1: of their music. And I'll just read you a sample.

1397
01:06:02,240 --> 01:06:07,360
Speaker 1: You've got Adele Aerosmith, The Beatles, Bruce Springsteen, Creten's Clearwater Revival,

1398
01:06:07,480 --> 01:06:10,800
Speaker 1: Eddie Grant, He's the Electric Avenue, Guy Elton, John Everlast,

1399
01:06:10,800 --> 01:06:14,439
Speaker 1: Guns N' Roses, Isaac Hayes, Leonard Cohen, Lincoln Park, Luciana Pop,

1400
01:06:14,520 --> 01:06:18,920
Speaker 1: Roddy Neil Young. When did he use Luciana Roddy?

1401
01:06:19,520 --> 01:06:21,080
Speaker 3: I'm going to confess I don't even know who that is.

1402
01:06:21,080 --> 01:06:23,160
Speaker 1: Oh, you don't use it. It's an opera singer.

1403
01:06:23,240 --> 01:06:25,600
Speaker 3: Oh okay, okay. So anyway, he does have a weird

1404
01:06:25,640 --> 01:06:26,840
Speaker 3: pension for strange.

1405
01:06:26,920 --> 01:06:29,160
Speaker 2: I mean, you know, he's got the his walkout song

1406
01:06:29,200 --> 01:06:31,120
Speaker 2: as the whole like you can't always get you what

1407
01:06:31,160 --> 01:06:34,320
Speaker 2: you want, but he sung and like the highest whatever

1408
01:06:34,360 --> 01:06:35,560
Speaker 2: the note that is for.

1409
01:06:35,680 --> 01:06:38,840
Speaker 3: Singing, and then yeah, I mean he'll use what he's got.

1410
01:06:38,840 --> 01:06:41,600
Speaker 2: Elton John before, Yeah, I know, born in the USA

1411
01:06:41,840 --> 01:06:43,640
Speaker 2: was the one that Springsteen went after himformably.

1412
01:06:43,640 --> 01:06:44,560
Speaker 3: I don't think he gets Elton John.

1413
01:06:44,920 --> 01:06:47,760
Speaker 1: Okay, So it says here he used his recording of

1414
01:06:48,200 --> 01:06:51,240
Speaker 1: nesson Dorma okay at Trump rallies, which ends with the

1415
01:06:51,360 --> 01:06:55,000
Speaker 1: chant I will win Ah. They objected, Neil Young, Nickelback,

1416
01:06:55,400 --> 01:07:00,440
Speaker 1: Panic at the Disco, Ovea, Pharrell Williamsville Collins, Prince, Queen Aria, Rihanna,

1417
01:07:00,520 --> 01:07:03,280
Speaker 1: the Rollingstones, Tom Petty, Village people, the White Stripes. So, okay,

1418
01:07:03,360 --> 01:07:04,520
Speaker 1: welcome to the club A fake, I.

1419
01:07:04,520 --> 01:07:06,200
Speaker 3: Guess, yeah exactly.

1420
01:07:06,720 --> 01:07:08,800
Speaker 2: I think the only artists that you're allowed to use

1421
01:07:08,800 --> 01:07:12,240
Speaker 2: as a Republican are like some country musicians and then

1422
01:07:12,320 --> 01:07:17,120
Speaker 2: kid Rock. I actually thought Romney had a great song.

1423
01:07:17,400 --> 01:07:19,520
Speaker 3: It was twenty twelve. I think it was.

1424
01:07:19,400 --> 01:07:21,600
Speaker 2: Born free by kid Rock. Actually always like that song.

1425
01:07:21,760 --> 01:07:23,400
Speaker 2: That was a good one, and kid Rock actually campaign for.

1426
01:07:23,400 --> 01:07:26,800
Speaker 9: Rodney had the most fringe cam. She certainly did all

1427
01:07:27,200 --> 01:07:28,280
Speaker 9: so good good.

1428
01:07:29,200 --> 01:07:31,640
Speaker 1: I hear that song every time I want to die.

1429
01:07:31,720 --> 01:07:33,400
Speaker 2: Yeah, when I hear it, I think about all the

1430
01:07:33,440 --> 01:07:36,600
Speaker 2: women crying in the Javid Center as like.

1431
01:07:36,560 --> 01:07:41,960
Speaker 1: I was there was there to witness good sad sad.

1432
01:07:42,680 --> 01:07:43,680
Speaker 3: Inject that into.

1433
01:07:43,760 --> 01:07:47,080
Speaker 1: The other one I think about is Pete High Hope.

1434
01:07:47,040 --> 01:07:50,600
Speaker 9: Of course, the disco a whole dance, Yes, the Pete

1435
01:07:50,600 --> 01:07:53,360
Speaker 9: Blue to Judge dance, Yes, indeed, so good.

1436
01:07:53,400 --> 01:07:55,640
Speaker 3: Anyway, that's your fun news for the day.

1437
01:07:55,680 --> 01:07:58,200
Speaker 2: We want to end actually on a segment that just

1438
01:07:58,240 --> 01:08:03,080
Speaker 2: happened with Hannity in Vivike Ramaswami on a more serious note,

1439
01:08:03,120 --> 01:08:06,520
Speaker 2: because there's a lot going on here in terms of

1440
01:08:06,760 --> 01:08:10,000
Speaker 2: what Viveke has said so far, which is pissed off

1441
01:08:10,200 --> 01:08:13,680
Speaker 2: Republican elites the most, and it appears to be his

1442
01:08:13,800 --> 01:08:17,360
Speaker 2: declaration that we will treat Israel like every other country

1443
01:08:17,600 --> 01:08:21,439
Speaker 2: by normalizing foreign aid to them. Hannity in particular in

1444
01:08:21,760 --> 01:08:24,360
Speaker 2: sensed by this idea, let's take a lesson.

1445
01:08:24,560 --> 01:08:27,080
Speaker 10: You know you said aid to Israel, our number one,

1446
01:08:27,120 --> 01:08:29,639
Speaker 10: ally only democracy in the region, should end in twenty

1447
01:08:29,680 --> 01:08:32,479
Speaker 10: twenty eight, and that they should be integrated with their neighbors.

1448
01:08:32,960 --> 01:08:33,800
Speaker 3: That was exactly quote.

1449
01:08:34,400 --> 01:08:37,439
Speaker 11: That's actually yeah, I can tell you the exact quote.

1450
01:08:37,439 --> 01:08:38,920
Speaker 11: What I said is it would be a mark of

1451
01:08:39,040 --> 01:08:41,680
Speaker 11: success if we ever got to a point in our

1452
01:08:41,760 --> 01:08:45,000
Speaker 11: relationship with Israel, if Israel never needed the United States's

1453
01:08:45,040 --> 01:08:45,719
Speaker 11: aid and SEAWAN.

1454
01:08:45,720 --> 01:08:46,880
Speaker 3: You know how politics is played.

1455
01:08:46,960 --> 01:08:48,960
Speaker 11: A lot of the other professional politicians who have been

1456
01:08:49,000 --> 01:08:51,080
Speaker 11: threatened by my rise have used that statement to say

1457
01:08:51,160 --> 01:08:52,599
Speaker 11: that I would cut off aid to Israel.

1458
01:08:52,880 --> 01:08:54,559
Speaker 3: That's not correct. I've been crystal clear.

1459
01:08:54,640 --> 01:08:56,960
Speaker 10: But do you the only question under which do you

1460
01:08:57,120 --> 01:09:01,160
Speaker 10: understand the importance of the strategic alliance, the intelligence sharing

1461
01:09:01,439 --> 01:09:03,400
Speaker 10: in an area of the world where we have a

1462
01:09:03,439 --> 01:09:05,960
Speaker 10: lot of enemies, which, by the way, boggles my mind

1463
01:09:06,000 --> 01:09:08,360
Speaker 10: that we look for the lifeblood of our economy in

1464
01:09:08,400 --> 01:09:11,559
Speaker 10: the world's economy from that very same region of the world.

1465
01:09:11,680 --> 01:09:13,880
Speaker 10: We have more natural resources here, which you agree, but

1466
01:09:14,040 --> 01:09:16,559
Speaker 10: you do understand how important that US is and how

1467
01:09:16,560 --> 01:09:18,880
Speaker 10: important the intelligence fact. I understand how important it is

1468
01:09:18,920 --> 01:09:20,519
Speaker 10: with a Ran, especially seeking nukes.

1469
01:09:21,920 --> 01:09:22,599
Speaker 3: I understand it.

1470
01:09:22,640 --> 01:09:24,840
Speaker 11: I think more deeply than probably anybody in this race.

1471
01:09:24,840 --> 01:09:27,040
Speaker 11: I've traveled to israel I business partners in Israel. The

1472
01:09:27,120 --> 01:09:29,400
Speaker 11: reality is this, by the end of my first term,

1473
01:09:29,479 --> 01:09:31,960
Speaker 11: our relationship with Israel will be stronger than it ever

1474
01:09:32,000 --> 01:09:34,360
Speaker 11: has been, because I will treat it as a true friendship,

1475
01:09:34,560 --> 01:09:35,719
Speaker 11: not just a transactional relation.

1476
01:09:35,760 --> 01:09:38,559
Speaker 10: Why did you say I want to treatment? Why did

1477
01:09:38,560 --> 01:09:40,880
Speaker 10: you say that Israel should not have friinancial treatment from US.

1478
01:09:41,120 --> 01:09:43,880
Speaker 11: That's a direct quote, Sean, I understand. No, those are

1479
01:09:43,880 --> 01:09:46,160
Speaker 11: direct quotes from headline summarized by opposition research fed to

1480
01:09:46,200 --> 01:09:48,439
Speaker 11: the fake news media. The reality is here's where I'm

1481
01:09:48,439 --> 01:09:50,880
Speaker 11: saying that. But Abraham towards two point zero is my

1482
01:09:50,920 --> 01:09:53,439
Speaker 11: top priority. Abraham reports of two point zero is my

1483
01:09:53,479 --> 01:09:56,120
Speaker 11: top priority, which is to get Saudi Arabia Aman Cutter

1484
01:09:56,400 --> 01:09:58,840
Speaker 11: into that pact with Israel, and foremost, to have a

1485
01:09:58,880 --> 01:10:01,080
Speaker 11: partnership with Israel that does something really important for the US,

1486
01:10:01,280 --> 01:10:03,840
Speaker 11: which is to make sure that Iran never ever ever

1487
01:10:04,200 --> 01:10:07,120
Speaker 11: has nuclear capabilities. That's important to the United States. And

1488
01:10:07,160 --> 01:10:09,360
Speaker 11: the other thing I've said, Sean is that Israel's our friend.

1489
01:10:09,439 --> 01:10:11,799
Speaker 11: Good friends learn from each other. I would love Israel's

1490
01:10:11,800 --> 01:10:14,479
Speaker 11: border policies in this country. I would love Israel's tough

1491
01:10:14,479 --> 01:10:17,599
Speaker 11: on crime policies and strong national identity in this country.

1492
01:10:17,720 --> 01:10:19,680
Speaker 3: Well, I don't know what did you make of that.

1493
01:10:19,800 --> 01:10:23,360
Speaker 2: I just think the level of hatred that he appears

1494
01:10:23,400 --> 01:10:26,439
Speaker 2: to garner for just saying we will treat Israel like

1495
01:10:26,520 --> 01:10:30,160
Speaker 2: a like any other country with our foreign aid, and

1496
01:10:30,479 --> 01:10:32,160
Speaker 2: that it's so I mean, I don't know why it's

1497
01:10:32,160 --> 01:10:35,200
Speaker 2: not desirable to have to not give Israel foreign aid

1498
01:10:35,200 --> 01:10:36,320
Speaker 2: anymore or any other country.

1499
01:10:36,360 --> 01:10:37,400
Speaker 3: Really, yeah, that matter.

1500
01:10:37,439 --> 01:10:42,240
Speaker 2: I mean, I've been It's a very developed, tech based economy.

1501
01:10:42,320 --> 01:10:43,920
Speaker 2: They're making a hell of a lot of money the

1502
01:10:44,000 --> 01:10:46,719
Speaker 2: last time I checked. You know, we'll go over there

1503
01:10:46,880 --> 01:10:50,120
Speaker 2: in many respects their own military capabilities. They laugh at

1504
01:10:50,200 --> 01:10:53,000
Speaker 2: us because they think we're far behind the times. I mean, listen,

1505
01:10:53,040 --> 01:10:54,600
Speaker 2: you take anybody's money if they're going to give it

1506
01:10:54,640 --> 01:10:58,680
Speaker 2: to you. But this has particular has like struck the

1507
01:10:58,800 --> 01:11:02,479
Speaker 2: third rail for Nikki Haley and for Sean hannityingly Sean

1508
01:11:02,520 --> 01:11:06,960
Speaker 2: Hannity seemingly here and it blows their mind the idea

1509
01:11:07,000 --> 01:11:08,960
Speaker 2: that we would treat them the same way that we

1510
01:11:09,040 --> 01:11:11,640
Speaker 2: treat everybody. And it's just funny because even if you

1511
01:11:11,680 --> 01:11:14,120
Speaker 2: look and you go back at what he said previously,

1512
01:11:14,200 --> 01:11:16,000
Speaker 2: he was like, yeah, I guess we should just normalize

1513
01:11:16,040 --> 01:11:18,160
Speaker 2: it the way that we have our relationship with Egypt.

1514
01:11:18,200 --> 01:11:21,640
Speaker 2: You're like, what, why is this so objectionable to so

1515
01:11:21,760 --> 01:11:23,280
Speaker 2: many of these gop eleaits.

1516
01:11:23,479 --> 01:11:26,599
Speaker 1: So let me read you exactly one of the quotes

1517
01:11:26,640 --> 01:11:28,160
Speaker 1: on Israel that they're referring to.

1518
01:11:28,280 --> 01:11:28,479
Speaker 3: There.

1519
01:11:28,600 --> 01:11:31,280
Speaker 1: What he originally said is if we're successful, the true

1520
01:11:31,320 --> 01:11:33,599
Speaker 1: mark of success for the US and for Israel will

1521
01:11:33,600 --> 01:11:36,080
Speaker 1: be to get to a twenty twenty eight or Israel

1522
01:11:36,160 --> 01:11:38,639
Speaker 1: is so strongly standing on its own two feet integrated

1523
01:11:38,760 --> 01:11:41,040
Speaker 1: is the economic and security infrastructure of the rest of

1524
01:11:41,040 --> 01:11:43,439
Speaker 1: the Middle East that it will not require and be

1525
01:11:43,560 --> 01:11:47,120
Speaker 1: dependent on that same level of historical aid or commitment

1526
01:11:47,280 --> 01:11:50,439
Speaker 1: from the US. So that's what he said. I think

1527
01:11:50,479 --> 01:11:52,680
Speaker 1: there's a lot that's interesting about this exchange.

1528
01:11:53,200 --> 01:11:54,360
Speaker 3: Number one, anything wrong with that?

1529
01:11:54,520 --> 01:11:59,160
Speaker 1: Number one. What's interesting about this exchange is of all

1530
01:11:59,280 --> 01:12:02,519
Speaker 1: the things that Vivek has said that you could object to,

1531
01:12:02,960 --> 01:12:07,400
Speaker 1: like invading Mexico, like disenfranchising young voters, like basically like

1532
01:12:07,479 --> 01:12:10,679
Speaker 1: watching the world burn, like this deeply regressive flat tax,

1533
01:12:10,720 --> 01:12:13,519
Speaker 1: and dismantling all of these like federal agencies that we

1534
01:12:13,600 --> 01:12:15,680
Speaker 1: actually kind of need of all the things that you

1535
01:12:15,720 --> 01:12:19,759
Speaker 1: could take issue with, it's him sort of suggesting maybe

1536
01:12:19,800 --> 01:12:22,920
Speaker 1: we adjust our relationship with Israel that they go all

1537
01:12:23,040 --> 01:12:27,320
Speaker 1: in on okay, So that's revealing. Equally revealing, I think

1538
01:12:27,479 --> 01:12:31,679
Speaker 1: is that the Veke is very politician y and very

1539
01:12:31,920 --> 01:12:36,640
Speaker 1: squishy and very like sort of trying to spin on

1540
01:12:36,840 --> 01:12:40,960
Speaker 1: this particular issue. If you think back to the debate,

1541
01:12:41,400 --> 01:12:44,360
Speaker 1: how many places where you know, everybody else was trying

1542
01:12:44,400 --> 01:12:46,519
Speaker 1: to dodge the question on climate change and he's happy

1543
01:12:46,560 --> 01:12:48,240
Speaker 1: to jump in and there and me like the climate

1544
01:12:48,280 --> 01:12:50,800
Speaker 1: change agenda is a hoax, he's happy to jump in there.

1545
01:12:50,800 --> 01:12:53,479
Speaker 1: I'm he's super crystal clear and what he thinks about Ukraine.

1546
01:12:53,880 --> 01:12:57,120
Speaker 1: But on this issue, even during the debate, when Nikki

1547
01:12:57,160 --> 01:12:59,759
Speaker 1: got him on this issue, part of why she actually

1548
01:13:00,040 --> 01:13:01,840
Speaker 1: know even though I think Herni o'conn world view, as

1549
01:13:01,880 --> 01:13:04,760
Speaker 1: I explained detail is porn et cetera, et cetera. Part

1550
01:13:04,760 --> 01:13:07,519
Speaker 1: of why she got him on this particular issue is

1551
01:13:07,560 --> 01:13:10,680
Speaker 1: because suddenly he becomes very easily and very like, let

1552
01:13:10,680 --> 01:13:13,120
Speaker 1: me explain, and let me change what I actually said,

1553
01:13:13,160 --> 01:13:16,080
Speaker 1: and let me reframe in and rephrase it, et cetera.

1554
01:13:16,640 --> 01:13:21,320
Speaker 1: So even he feels very tepid and skittish about what

1555
01:13:21,400 --> 01:13:23,880
Speaker 1: he previously said on Israel. I mean, this is such

1556
01:13:23,960 --> 01:13:28,439
Speaker 1: a third rail that if you say anything different than

1557
01:13:28,479 --> 01:13:31,880
Speaker 1: the one hundred percent consensus, there is such a freak out,

1558
01:13:32,080 --> 01:13:34,280
Speaker 1: especially the Republican Party, but I mean we've seen it

1559
01:13:34,280 --> 01:13:36,559
Speaker 1: in the Democratic Party as well, where there's this whole

1560
01:13:36,720 --> 01:13:40,920
Speaker 1: organized effort to quash any sort of dissent on the

1561
01:13:40,920 --> 01:13:43,559
Speaker 1: status quo of our aid towards Israel.

1562
01:13:43,680 --> 01:13:45,080
Speaker 2: And the funny, the easy if you put that quote

1563
01:13:45,080 --> 01:13:47,360
Speaker 2: to a Republican voter, they'd be like, all right, yeah, whatever,

1564
01:13:47,520 --> 01:13:48,000
Speaker 2: it be.

1565
01:13:48,000 --> 01:13:48,360
Speaker 3: One of those.

1566
01:13:48,439 --> 01:13:50,639
Speaker 2: I mean, look, a lot of Republicans have they they

1567
01:13:50,760 --> 01:13:53,360
Speaker 2: have a lot of deep affection for Israel. They have it,

1568
01:13:53,479 --> 01:13:56,439
Speaker 2: not like a rosy view of the country whatever.

1569
01:13:56,560 --> 01:13:56,920
Speaker 3: Okay.

1570
01:13:57,080 --> 01:13:59,240
Speaker 2: But the point though, is that if you were to say,

1571
01:14:00,040 --> 01:14:01,760
Speaker 2: let's just treat every we wish, we should get to

1572
01:14:01,800 --> 01:14:04,200
Speaker 2: a point where they're independent of us, how.

1573
01:14:04,080 --> 01:14:05,280
Speaker 3: Can you possibly object to that.

1574
01:14:05,360 --> 01:14:07,760
Speaker 6: I That's a long standing point of foreign aid in

1575
01:14:07,800 --> 01:14:10,080
Speaker 6: many of these respects. It's one of those where it's

1576
01:14:10,080 --> 01:14:13,160
Speaker 6: like it makes such transparent sense, especially if that's something

1577
01:14:13,160 --> 01:14:15,160
Speaker 6: that you're trying to pursue, and if you listen to

1578
01:14:15,200 --> 01:14:16,760
Speaker 6: what he's talking about He's like, yeah, I want to

1579
01:14:16,800 --> 01:14:18,960
Speaker 6: normalize relations between all the countries so they can just

1580
01:14:19,000 --> 01:14:21,040
Speaker 6: live like that and we don't have to be involved anymore.

1581
01:14:21,400 --> 01:14:23,559
Speaker 3: I mean, what what are we objecting to here?

1582
01:14:23,960 --> 01:14:24,080
Speaker 4: Like?

1583
01:14:24,120 --> 01:14:26,320
Speaker 2: How like what is the dissent from that we should

1584
01:14:26,320 --> 01:14:28,600
Speaker 2: just give somebody money regardless of whether they want it

1585
01:14:28,680 --> 01:14:29,439
Speaker 2: or need it or not.

1586
01:14:29,880 --> 01:14:32,240
Speaker 3: It doesn't. It's just it boggles the mind.

1587
01:14:32,520 --> 01:14:34,400
Speaker 2: But now, the reason why I think he's defensive is,

1588
01:14:34,720 --> 01:14:37,200
Speaker 2: let's all be real here, the billionaire donors and all

1589
01:14:37,200 --> 01:14:37,840
Speaker 2: those other people.

1590
01:14:37,920 --> 01:14:39,640
Speaker 3: But they can say he's free of them.

1591
01:14:39,680 --> 01:14:42,360
Speaker 2: I think he's probably free of them them most person

1592
01:14:42,800 --> 01:14:43,599
Speaker 2: his own personal wealth.

1593
01:14:43,640 --> 01:14:45,240
Speaker 3: Ye, but you know you can't be running.

1594
01:14:45,360 --> 01:14:48,000
Speaker 2: Let's say, in this scenario where he is the nominee,

1595
01:14:48,160 --> 01:14:49,160
Speaker 2: you can't run without them.

1596
01:14:49,160 --> 01:14:50,599
Speaker 3: You know you're gonna need their super pac money.

1597
01:14:50,640 --> 01:14:52,280
Speaker 2: You're gonna need you get all the money in the

1598
01:14:52,320 --> 01:14:54,000
Speaker 2: world can't buy you as much as you're gonna need

1599
01:14:54,240 --> 01:14:55,040
Speaker 2: in order to run.

1600
01:14:55,160 --> 01:14:55,880
Speaker 3: And he's afraid.

1601
01:14:56,120 --> 01:14:58,840
Speaker 2: I also think that whenever it comes to conservative media,

1602
01:14:59,200 --> 01:15:00,000
Speaker 2: this is the one.

1603
01:15:00,320 --> 01:15:02,080
Speaker 3: Where I see them attacking him one hundred percent.

1604
01:15:02,280 --> 01:15:04,920
Speaker 2: Fox News obviously with Sean Hannity, with many of the

1605
01:15:04,960 --> 01:15:08,160
Speaker 2: other outlets of which he relies on to really get

1606
01:15:08,200 --> 01:15:10,479
Speaker 2: some earned media in order to pump you know, in

1607
01:15:10,600 --> 01:15:13,599
Speaker 2: order to pump like info to the GOP bass. This

1608
01:15:13,640 --> 01:15:17,040
Speaker 2: is one where they're taking the most issue sometimes because

1609
01:15:17,040 --> 01:15:20,200
Speaker 2: they also take money from donors who are obsessed with Israel.

1610
01:15:20,240 --> 01:15:22,080
Speaker 2: So it actually reveals I think a lot, a lot

1611
01:15:22,080 --> 01:15:22,839
Speaker 2: about the subject.

1612
01:15:22,960 --> 01:15:26,880
Speaker 1: Yeah, it also reveals a lot about Fox News doesn't

1613
01:15:26,880 --> 01:15:30,160
Speaker 1: want Rupert Murdoch. Let's be clear, because plenty of the

1614
01:15:30,160 --> 01:15:33,440
Speaker 1: hosts still love Trump and you know, are very sycophantic

1615
01:15:33,479 --> 01:15:35,360
Speaker 1: and all of that stuff because they see where their

1616
01:15:35,360 --> 01:15:37,240
Speaker 1: brend is buttered in terms of what their audience wants

1617
01:15:37,240 --> 01:15:39,880
Speaker 1: to hear. But Ruper Murdoch wants to move on from Trump.

1618
01:15:40,000 --> 01:15:43,120
Speaker 1: Tried with Ronda Sandas hasn't really worked out. They sort

1619
01:15:43,120 --> 01:15:46,040
Speaker 1: of pseudo floated Tim Scott put on an old Tim

1620
01:15:46,040 --> 01:15:49,160
Speaker 1: Scott trial balloon that hasn't really taken off. The new

1621
01:15:49,160 --> 01:15:52,160
Speaker 1: flavor of the moment is Nicky Haley. And so I'm

1622
01:15:52,160 --> 01:15:54,400
Speaker 1: just thinking back to when they did their like they

1623
01:15:54,840 --> 01:15:57,880
Speaker 1: invented out of whole cloth these quote unquote power rankings

1624
01:15:57,960 --> 01:16:00,559
Speaker 1: and like just randomly put Tim Scott in the top

1625
01:16:00,600 --> 01:16:03,479
Speaker 1: three alongside DeSantis and Trump. In these power rankings based

1626
01:16:03,520 --> 01:16:07,040
Speaker 1: on literally nothing, and obviously, you know, the person that

1627
01:16:07,080 --> 01:16:09,120
Speaker 1: you would actually put in the top three based on

1628
01:16:09,360 --> 01:16:12,240
Speaker 1: his online support, based on his polling, based on his fundraising,

1629
01:16:12,280 --> 01:16:15,080
Speaker 1: et cetera, would be the Vake. So that was immediately

1630
01:16:15,120 --> 01:16:16,800
Speaker 1: a signal to me of like, oh, they don't want

1631
01:16:16,800 --> 01:16:20,120
Speaker 1: this guy whatsoever. And this is another sign of you know,

1632
01:16:20,160 --> 01:16:23,960
Speaker 1: Sean Hannity was really confrontational from him with him from

1633
01:16:24,000 --> 01:16:27,400
Speaker 1: the start of this interview on the issue of Israel.

1634
01:16:27,760 --> 01:16:30,439
Speaker 1: They clearly, you know, they don't see him as an

1635
01:16:30,479 --> 01:16:35,599
Speaker 1: acceptable second choice Trump alternative, et cetera. And you know,

1636
01:16:35,720 --> 01:16:38,720
Speaker 1: I think the VIC if you just look at his proposals,

1637
01:16:38,760 --> 01:16:41,280
Speaker 1: I think they would largely be really good for you know,

1638
01:16:41,400 --> 01:16:43,960
Speaker 1: status quo of America. I think they'd be largely very

1639
01:16:43,960 --> 01:16:46,519
Speaker 1: good for the wealthy, et cetera. But I do think

1640
01:16:46,560 --> 01:16:49,000
Speaker 1: they feel that they have less control over him, and

1641
01:16:49,080 --> 01:16:52,320
Speaker 1: so that's probably why they're so viciously going after him

1642
01:16:52,360 --> 01:16:54,559
Speaker 1: and trying to make sure that he's not acceptable as

1643
01:16:54,600 --> 01:16:55,719
Speaker 1: the Trump number two.

1644
01:16:55,560 --> 01:16:57,439
Speaker 3: Alternatives, no question about that whatsoever.

1645
01:16:57,520 --> 01:17:00,519
Speaker 2: Yeah, in terms of and it's even rhetorically the reason

1646
01:17:00,560 --> 01:17:02,479
Speaker 2: why they got to quash this and crush it in

1647
01:17:02,520 --> 01:17:04,360
Speaker 2: his tracks because he can't be allowing any of this.

1648
01:17:04,680 --> 01:17:06,679
Speaker 2: The only person could ever actually say this is Trump

1649
01:17:06,760 --> 01:17:09,200
Speaker 2: and get away with it. And even with Trump, he

1650
01:17:09,280 --> 01:17:10,960
Speaker 2: never did that. Whatever it came to, that's true.

1651
01:17:11,080 --> 01:17:14,920
Speaker 1: This is the one issue where he never across Orthodoxy,

1652
01:17:15,040 --> 01:17:18,400
Speaker 1: even he did everything they wanted him to do on Israel.

1653
01:17:18,439 --> 01:17:23,160
Speaker 1: Absolutely all right, Sager, we looking at well.

1654
01:17:23,280 --> 01:17:25,400
Speaker 2: At this point, it looks pretty likely that absent a

1655
01:17:25,400 --> 01:17:27,720
Speaker 2: black Swan event, Donald J. Trump is going to be

1656
01:17:27,800 --> 01:17:30,840
Speaker 2: the next Republican nominee for president. Whether he wins is

1657
01:17:30,840 --> 01:17:33,360
Speaker 2: another matter entirely, but I subscribe to a lesson all

1658
01:17:33,400 --> 01:17:36,840
Speaker 2: Americans should have learned in twenty sixteen. If you're the nominee,

1659
01:17:36,880 --> 01:17:39,679
Speaker 2: you can damn well win the presidency. And as CNN

1660
01:17:39,720 --> 01:17:42,519
Speaker 2: reminded its viewers very recently, there's a very good chance

1661
01:17:42,560 --> 01:17:45,120
Speaker 2: and likelihood that Trump actually does win the election against

1662
01:17:45,200 --> 01:17:48,120
Speaker 2: Joe Biden, who is facing his own host of problem.

1663
01:17:48,520 --> 01:17:52,080
Speaker 2: This raises a really interesting question what actually happens if

1664
01:17:52,080 --> 01:17:54,840
Speaker 2: Trump is reelected. There's a whole host of monologues I

1665
01:17:54,840 --> 01:17:56,320
Speaker 2: could do about what it would look like from a

1666
01:17:56,360 --> 01:17:59,519
Speaker 2: domestic perspective, but for this purpose, I wanted to zoom

1667
01:17:59,520 --> 01:18:01,240
Speaker 2: in on something that I of course care a lot

1668
01:18:01,280 --> 01:18:06,040
Speaker 2: about our foreign policy and military resources and specifically redirecting

1669
01:18:06,080 --> 01:18:11,240
Speaker 2: them away from Eurocentrism and direct them towards actual American interests. Alone,

1670
01:18:11,360 --> 01:18:14,600
Speaker 2: on this front, Trump, Rohnd de Santis, and Vivek Ramaswami

1671
01:18:14,640 --> 01:18:17,400
Speaker 2: are the only ones who even rhetorically take a different

1672
01:18:17,479 --> 01:18:19,880
Speaker 2: pitch than the rest of the Republican field. The rest

1673
01:18:19,880 --> 01:18:22,679
Speaker 2: of the world is certainly taking notice. I was especially

1674
01:18:22,720 --> 01:18:25,080
Speaker 2: caught in some very humorous moments that the Wall Street

1675
01:18:25,160 --> 01:18:29,240
Speaker 2: Journal took a survey of European diplomats who are freaking

1676
01:18:29,320 --> 01:18:32,759
Speaker 2: out at the prospect of another Trump presidency. The journal

1677
01:18:32,800 --> 01:18:37,720
Speaker 2: cites numerous European politicians who are aghast at two prospects,

1678
01:18:38,000 --> 01:18:40,680
Speaker 2: one that Trump would slap them with tariff should he

1679
01:18:40,720 --> 01:18:44,280
Speaker 2: become president again, and at the idea they would actually

1680
01:18:44,320 --> 01:18:46,880
Speaker 2: have to pay Ukraine's bills.

1681
01:18:46,520 --> 01:18:49,000
Speaker 3: If he won. This quote, in particular hit home to me.

1682
01:18:49,120 --> 01:18:53,360
Speaker 2: Quote French officials have been warning European allies the possibility

1683
01:18:53,360 --> 01:18:57,599
Speaker 2: of a Trump return requires the continent to significantly expand

1684
01:18:57,720 --> 01:19:01,479
Speaker 2: arms production, from artillery to missile defense systems so that

1685
01:19:01,640 --> 01:19:03,800
Speaker 2: it can supply Ukraine on its own.

1686
01:19:04,040 --> 01:19:05,280
Speaker 3: Did you hear correctly.

1687
01:19:05,479 --> 01:19:08,400
Speaker 2: The Europeans are worried they may actually have to pay

1688
01:19:08,800 --> 01:19:13,679
Speaker 2: the bills for the war that most affects them. And remember, Germany,

1689
01:19:13,760 --> 01:19:16,400
Speaker 2: the largest power on the continent and literally has a

1690
01:19:16,439 --> 01:19:19,639
Speaker 2: massive land war raging next door, still refuses to even

1691
01:19:19,680 --> 01:19:22,840
Speaker 2: commit itself to the necessary minimum of two percent to

1692
01:19:22,920 --> 01:19:26,160
Speaker 2: maintain NATO Alliance membership in good standing. That is what

1693
01:19:26,200 --> 01:19:28,559
Speaker 2: type of freeloaders that these people are. It says more

1694
01:19:28,560 --> 01:19:30,519
Speaker 2: about Biden that he lets them get away with it.

1695
01:19:30,520 --> 01:19:32,759
Speaker 2: It is clear that a Trump victory at this point,

1696
01:19:32,920 --> 01:19:37,080
Speaker 2: maybe even regardless of policy, would dramatically change the way

1697
01:19:37,120 --> 01:19:42,360
Speaker 2: Europe approaches Ukraine conflict and realign our priorities. But what

1698
01:19:42,560 --> 01:19:45,720
Speaker 2: really has Europe's attention right now? It's not just Ukraine.

1699
01:19:45,880 --> 01:19:48,640
Speaker 2: It's a little noticed policy proposal in our press that

1700
01:19:48,720 --> 01:19:52,360
Speaker 2: has been widening eyes across the world. Trump is increasingly

1701
01:19:52,400 --> 01:19:54,840
Speaker 2: coming around to the idea of a ten percent quote

1702
01:19:55,200 --> 01:19:59,080
Speaker 2: universal baseline tariff on all imports to the United States.

1703
01:20:00,040 --> 01:20:03,840
Speaker 2: Idea is to create a quote ring around the US economy,

1704
01:20:04,040 --> 01:20:06,360
Speaker 2: and behind the tariff, of course, is to try and

1705
01:20:06,439 --> 01:20:09,000
Speaker 2: lower the cost of US produced goods and give an

1706
01:20:09,840 --> 01:20:12,800
Speaker 2: advantage to US based businesses selling domestically.

1707
01:20:13,160 --> 01:20:15,840
Speaker 3: This lit a fire across the pond.

1708
01:20:16,160 --> 01:20:19,960
Speaker 2: European countries heavily are dependent on US based exports are

1709
01:20:20,080 --> 01:20:23,600
Speaker 2: freaking out at the Trump return. Recall, Biden agreed to

1710
01:20:23,720 --> 01:20:26,439
Speaker 2: roll back some of the major Trump tariffs on European

1711
01:20:26,439 --> 01:20:29,920
Speaker 2: based steel and aluminum, which garnered more complaint from them

1712
01:20:29,960 --> 01:20:34,120
Speaker 2: than any single policy that Trump ever enacted. Europeans since

1713
01:20:34,120 --> 01:20:37,120
Speaker 2: have even been smarting since the Trump imposed those tariffs

1714
01:20:37,240 --> 01:20:40,160
Speaker 2: before COVID, and have been continued to be upset after

1715
01:20:40,200 --> 01:20:44,280
Speaker 2: Biden imposed modest Made in America provisions into the Inflation

1716
01:20:44,360 --> 01:20:47,320
Speaker 2: Reduction Act for the electric vehicle supply chain. The Trump

1717
01:20:47,360 --> 01:20:50,640
Speaker 2: proposal reveals the limits of so called Biden's commitment to

1718
01:20:50,680 --> 01:20:54,120
Speaker 2: some America first trade policy. The White House blasted the

1719
01:20:54,160 --> 01:20:58,040
Speaker 2: Trump ten percent tariff, saying, quote, combining a sweeping tariff

1720
01:20:58,080 --> 01:21:00,879
Speaker 2: tax on the middle class with more trick down welfare

1721
01:21:00,880 --> 01:21:03,880
Speaker 2: for the rich special interests would stifle economic growth and

1722
01:21:03,920 --> 01:21:07,240
Speaker 2: fuel inflation. The irony is that the Biden Whitehouse is

1723
01:21:07,360 --> 01:21:10,360
Speaker 2: using the same talking points that would apply to their

1724
01:21:10,400 --> 01:21:13,759
Speaker 2: own tariffs in place right now against China. The whole

1725
01:21:13,800 --> 01:21:17,040
Speaker 2: point is that buying this agenda, the neoliberal agenda around

1726
01:21:17,080 --> 01:21:20,040
Speaker 2: cheap goods as the end all be all is exactly

1727
01:21:20,120 --> 01:21:22,559
Speaker 2: the philosophy that landed us in a place where we

1728
01:21:22,600 --> 01:21:24,880
Speaker 2: can't make a namb thing to save our own lives.

1729
01:21:25,120 --> 01:21:27,400
Speaker 2: The reason that we even have high inflation is because

1730
01:21:27,439 --> 01:21:30,639
Speaker 2: the cost of goods was raised dramatically on us by

1731
01:21:30,640 --> 01:21:32,679
Speaker 2: supply chain disruptions from around the world.

1732
01:21:32,800 --> 01:21:34,280
Speaker 3: We have no choice but to pay for it.

1733
01:21:34,520 --> 01:21:36,720
Speaker 2: If we had it here already, maybe we would have

1734
01:21:36,720 --> 01:21:38,559
Speaker 2: paid a little bit more in the past, but not

1735
01:21:38,600 --> 01:21:40,960
Speaker 2: even close to as much as we did after COVID,

1736
01:21:41,160 --> 01:21:43,360
Speaker 2: not to mention all of the hard heartache and the

1737
01:21:43,400 --> 01:21:46,559
Speaker 2: pain and the suffering that losing our industrial middle class

1738
01:21:46,560 --> 01:21:49,519
Speaker 2: did to millions of people around the globe. There is

1739
01:21:49,640 --> 01:21:52,880
Speaker 2: plenty to criticize Trumbon if you ask me, mostly that

1740
01:21:52,960 --> 01:21:55,720
Speaker 2: if he didn't actually do anything that he said he

1741
01:21:55,800 --> 01:21:56,320
Speaker 2: was going to do.

1742
01:21:56,680 --> 01:21:59,440
Speaker 3: But he was right about America's foolish.

1743
01:21:59,120 --> 01:22:02,080
Speaker 2: Relationship with Europe, and he was absolutely right to declare

1744
01:22:02,080 --> 01:22:05,200
Speaker 2: a trade war against America's supposed partners, which are taking

1745
01:22:05,280 --> 01:22:08,160
Speaker 2: us to the cleaners. Much of this comes back to

1746
01:22:08,240 --> 01:22:10,280
Speaker 2: a major moment from the GOP debate that I still

1747
01:22:10,320 --> 01:22:12,040
Speaker 2: can't really get out of my head. That was the

1748
01:22:12,080 --> 01:22:15,280
Speaker 2: battle between Mike Pence and vivek Ramaswamick.

1749
01:22:15,400 --> 01:22:17,920
Speaker 12: If we do the giveaway that you want to give

1750
01:22:18,000 --> 01:22:20,120
Speaker 12: to Putin, to give him his land, it's not going

1751
01:22:20,200 --> 01:22:23,400
Speaker 12: to be too long for he rolls across a NATO border,

1752
01:22:23,760 --> 01:22:26,240
Speaker 12: and frankly, our men and women of our armed forces

1753
01:22:26,280 --> 01:22:27,960
Speaker 12: are going to have to go and fight him. I

1754
01:22:28,000 --> 01:22:31,800
Speaker 12: want to let the Ukrainians fight and drive and the

1755
01:22:31,880 --> 01:22:35,320
Speaker 12: Russians back out.

1756
01:22:36,439 --> 01:22:37,960
Speaker 3: President Pense, I have a new flash.

1757
01:22:38,000 --> 01:22:39,839
Speaker 11: The USSR does not exist anymore.

1758
01:22:39,920 --> 01:22:41,479
Speaker 3: It fell back in nineteen ninety.

1759
01:22:41,680 --> 01:22:44,240
Speaker 2: More than anything was the real clash, the new versus

1760
01:22:44,240 --> 01:22:46,519
Speaker 2: the old. Is America a nation in decline that needs

1761
01:22:46,520 --> 01:22:48,559
Speaker 2: to be saved and needs to husband its resources to

1762
01:22:48,600 --> 01:22:51,240
Speaker 2: secure his future? Or are we a country with such

1763
01:22:51,240 --> 01:22:54,320
Speaker 2: abundance and such petty considerations they don't matter to us.

1764
01:22:54,680 --> 01:22:57,080
Speaker 3: To me, the answer is obvious. It's the former.

1765
01:22:57,280 --> 01:23:00,799
Speaker 2: It's why Trump was right he declared American carnage twenty sixteen.

1766
01:23:01,040 --> 01:23:03,120
Speaker 2: It's also why the rest of the world hates that

1767
01:23:03,240 --> 01:23:06,360
Speaker 2: vision that he brought so much. Setting up America up

1768
01:23:06,400 --> 01:23:09,880
Speaker 2: for success is directly bad for them because their success

1769
01:23:10,040 --> 01:23:11,599
Speaker 2: has come at our expense.

1770
01:23:11,800 --> 01:23:13,800
Speaker 3: I'm curious what you make of the ten percent.

1771
01:23:13,680 --> 01:23:16,479
Speaker 1: And if you want to hear my reaction to Cygre's monologue,

1772
01:23:16,560 --> 01:23:19,759
Speaker 1: become a premium subscriber today at breakingpoints dot com.

1773
01:23:22,720 --> 01:23:23,880
Speaker 3: Crystal, what are you taking a look at?

1774
01:23:23,880 --> 01:23:26,559
Speaker 1: For my entire life? The story of the working class

1775
01:23:26,560 --> 01:23:30,599
Speaker 1: has been one of betrayal and loss, stagnant wages, vanishing benefits,

1776
01:23:30,720 --> 01:23:33,400
Speaker 1: rise of the gig economy, decline of unions, and so

1777
01:23:33,479 --> 01:23:36,920
Speaker 1: it has been astonishing to watch a potential turning of

1778
01:23:36,960 --> 01:23:39,760
Speaker 1: that tide. Nowhere is that shift is evident, as in

1779
01:23:39,760 --> 01:23:42,799
Speaker 1: the fight that workers at the Big three automakers organized

1780
01:23:42,800 --> 01:23:46,880
Speaker 1: by the UAW are waging right now. Ninety seven percent

1781
01:23:47,080 --> 01:23:50,280
Speaker 1: of those workers just voted to authorize a strike which could,

1782
01:23:50,560 --> 01:23:53,960
Speaker 1: if contract negotiations fail, kick off in just a few weeks.

1783
01:23:54,200 --> 01:23:56,559
Speaker 1: This comes, of course, on the heels of UPS workers

1784
01:23:56,560 --> 01:23:59,640
Speaker 1: securing some real wins in a contract that includes one

1785
01:23:59,680 --> 01:24:02,479
Speaker 1: hundred more than seventy thousand dollars in wages and benefits

1786
01:24:02,479 --> 01:24:05,240
Speaker 1: for full time workers, a number that is decent enough

1787
01:24:05,479 --> 01:24:07,960
Speaker 1: to spark a whole wave of upper class anxiety and

1788
01:24:08,040 --> 01:24:11,040
Speaker 1: resentment around the notion that package carriers might actually be

1789
01:24:11,120 --> 01:24:13,600
Speaker 1: able to afford to live. But the wins in the

1790
01:24:13,680 --> 01:24:17,400
Speaker 1: UPS contract they pale in comparison to the demands which

1791
01:24:17,400 --> 01:24:20,000
Speaker 1: are being made right now by the United Auto Workers.

1792
01:24:20,280 --> 01:24:23,080
Speaker 1: These workers remember bail downt the bosses back in the

1793
01:24:23,080 --> 01:24:25,839
Speaker 1: financial crash, and have watched as the automakers have returned

1794
01:24:25,880 --> 01:24:30,240
Speaker 1: to astronomical profitability, happily handing out goodies to shareholders, but

1795
01:24:30,479 --> 01:24:33,760
Speaker 1: never cutting their workers in on their company's success. And

1796
01:24:33,840 --> 01:24:36,519
Speaker 1: so workers have had enough. They're asking now for a

1797
01:24:36,640 --> 01:24:39,200
Speaker 1: forty six percent wagetyke to match the pay increase of

1798
01:24:39,240 --> 01:24:42,559
Speaker 1: top executives. They're asking for job guarantees in the event

1799
01:24:42,600 --> 01:24:45,040
Speaker 1: of plant closures, and they're asking for a return to

1800
01:24:45,120 --> 01:24:47,880
Speaker 1: real pensions. But in one of their boldest demands, they

1801
01:24:47,920 --> 01:24:51,120
Speaker 1: are also asking for a four day, thirty two hour

1802
01:24:51,439 --> 01:24:54,479
Speaker 1: work week. Take a listen to uaw's new national President,

1803
01:24:54,520 --> 01:24:56,439
Speaker 1: Sean Fain explain exactly why.

1804
01:24:56,280 --> 01:24:58,040
Speaker 13: I've been talking a lot, you know, about a thirty

1805
01:24:58,080 --> 01:25:00,400
Speaker 13: two hour work week, forty hour work week for thirty

1806
01:25:00,400 --> 01:25:03,360
Speaker 13: two hours that we work forty hours pay. And it's

1807
01:25:03,960 --> 01:25:06,559
Speaker 13: been wild to us, the talking heads on television to

1808
01:25:06,600 --> 01:25:10,160
Speaker 13: continue to have a meltdown over this discussion. You know,

1809
01:25:10,280 --> 01:25:14,400
Speaker 13: right now Stilantis has put its plants on critical status,

1810
01:25:14,439 --> 01:25:18,160
Speaker 13: forcing our members to work. Seventh important as the families

1811
01:25:18,200 --> 01:25:23,519
Speaker 13: of company executives. Isn't our own health just as valuable

1812
01:25:23,520 --> 01:25:27,960
Speaker 13: as that of the talking heads on television? No uaw family,

1813
01:25:28,000 --> 01:25:30,960
Speaker 13: our demands, and our fight are about more than just us.

1814
01:25:31,400 --> 01:25:35,840
Speaker 13: They're about the double standards in our society. Company executives

1815
01:25:35,840 --> 01:25:38,640
Speaker 13: to get to work remotely while the working class is

1816
01:25:38,640 --> 01:25:41,800
Speaker 13: forced to risk our health at work. They can live

1817
01:25:41,840 --> 01:25:44,439
Speaker 13: a life of luxury at their second multi million dollar

1818
01:25:44,520 --> 01:25:47,960
Speaker 13: mansion in Acapulco, while the rest of us are scraping

1819
01:25:48,000 --> 01:25:50,160
Speaker 13: to get by at jobs that don't provide a pension.

1820
01:25:50,560 --> 01:25:53,160
Speaker 1: Fain makes what is a really key point there. White

1821
01:25:53,160 --> 01:25:57,080
Speaker 1: color workers have benefited from increased work flexibility through hybrid

1822
01:25:57,160 --> 01:26:01,320
Speaker 1: remote work schedules post pandemic. Writing day work week into

1823
01:26:01,320 --> 01:26:04,840
Speaker 1: the Big three contract could help secure better flexibility and

1824
01:26:04,920 --> 01:26:08,400
Speaker 1: work life balance for blue collar workers as well. Now

1825
01:26:08,720 --> 01:26:11,920
Speaker 1: you might think this sounds like a fantasy, but there

1826
01:26:11,920 --> 01:26:14,639
Speaker 1: are actually some real signs that the four day work

1827
01:26:14,640 --> 01:26:17,800
Speaker 1: week's moment might have arrived. Recent pilot program out of

1828
01:26:17,840 --> 01:26:21,080
Speaker 1: the UK was so wildly successful that all but three

1829
01:26:21,120 --> 01:26:23,280
Speaker 1: of the companies that participated said they are going to

1830
01:26:23,439 --> 01:26:27,240
Speaker 1: stick with the new shortened schedule. Workers of course, absolutely

1831
01:26:27,320 --> 01:26:29,920
Speaker 1: loved it and said that their sleep, mental health, stress levels,

1832
01:26:29,960 --> 01:26:32,960
Speaker 1: and personal lives all improved as a result of those

1833
01:26:32,960 --> 01:26:36,639
Speaker 1: new schedules. Bosses found that workers were way more productive

1834
01:26:36,640 --> 01:26:39,360
Speaker 1: and actually able to accomplish the same amount even given

1835
01:26:39,400 --> 01:26:44,000
Speaker 1: the shorter hours. Revenue at those participants participating companies was

1836
01:26:44,080 --> 01:26:47,400
Speaker 1: unchanged and even went up from a comparable period in

1837
01:26:47,439 --> 01:26:50,720
Speaker 1: the prior year, and unsurprisingly, workers wanted to stay in

1838
01:26:50,760 --> 01:26:54,160
Speaker 1: their jobs, leading to a major decline in employee resignations.

1839
01:26:54,520 --> 01:26:57,799
Speaker 1: Fifteen percent of the participants actually said there was literally

1840
01:26:57,800 --> 01:26:59,880
Speaker 1: no amount of money that could induce them to go

1841
01:27:00,120 --> 01:27:03,320
Speaker 1: back to five days of work per week. Now Here

1842
01:27:03,320 --> 01:27:06,080
Speaker 1: in the US, a Democratic lawmaker just proposed a four

1843
01:27:06,160 --> 01:27:08,479
Speaker 1: day work week in the state of Pennsylvania, which would

1844
01:27:08,479 --> 01:27:11,519
Speaker 1: apply to companies with over five hundred people. That legislation

1845
01:27:11,640 --> 01:27:13,599
Speaker 1: was set the work week at thirty two hours, but

1846
01:27:13,680 --> 01:27:16,640
Speaker 1: require companies to keep overall pay the same so that

1847
01:27:16,680 --> 01:27:19,559
Speaker 1: workers are not losing out as they move to fewer hours.

1848
01:27:19,960 --> 01:27:23,320
Speaker 1: The moment also fits perfectly with a post pandemic attitude

1849
01:27:23,320 --> 01:27:26,200
Speaker 1: shift that has led millions to rethink their work obsession

1850
01:27:26,479 --> 01:27:29,120
Speaker 1: and shift their priorities away from the grind and towards

1851
01:27:29,120 --> 01:27:31,719
Speaker 1: their personal lives. We have tracked all of this here

1852
01:27:31,800 --> 01:27:35,000
Speaker 1: really closely. The migrations in search of better quality of life,

1853
01:27:35,120 --> 01:27:38,320
Speaker 1: the mass adoption of hybrid work schedules for office workers,

1854
01:27:38,520 --> 01:27:41,560
Speaker 1: the rise of some cultural phenomenon like the anti work subreddit,

1855
01:27:41,760 --> 01:27:44,880
Speaker 1: the wave of post COVID resignations that saw workers hopping

1856
01:27:44,960 --> 01:27:48,080
Speaker 1: jobs and industries like never before. And in a sign

1857
01:27:48,160 --> 01:27:50,880
Speaker 1: of those rebalanced priorities, research just came out showing that

1858
01:27:50,920 --> 01:27:55,599
Speaker 1: workers quote connection to companies' missions just hit a record low.

1859
01:27:55,920 --> 01:27:58,120
Speaker 1: Now Axius of course frames this as a negative, but

1860
01:27:58,200 --> 01:28:01,679
Speaker 1: personally I see it as extremely howal Why should workers

1861
01:28:01,720 --> 01:28:04,400
Speaker 1: devote themselves to a company mission that likely has nothing

1862
01:28:04,439 --> 01:28:07,200
Speaker 1: to do with them, for companies that have zero loyalty

1863
01:28:07,240 --> 01:28:09,360
Speaker 1: to them. In another sign of the four day work

1864
01:28:09,360 --> 01:28:12,280
Speaker 1: week being an idea that time has come, polling shows

1865
01:28:12,360 --> 01:28:17,000
Speaker 1: it is insanely popular with basically everyone. Eighty seven percent

1866
01:28:17,040 --> 01:28:19,479
Speaker 1: of workers are interested in four day work week. Highest

1867
01:28:19,520 --> 01:28:22,679
Speaker 1: support comes from millennials and ninety three percent. But support

1868
01:28:22,720 --> 01:28:25,439
Speaker 1: for the idea was extremely high, over seventy percent among

1869
01:28:25,520 --> 01:28:29,760
Speaker 1: workers of every single generation. So for any cynical politicians

1870
01:28:29,800 --> 01:28:33,080
Speaker 1: out there, please take note. Voters will love you if

1871
01:28:33,080 --> 01:28:36,040
Speaker 1: you champion this cause, it's worth remembering too that the

1872
01:28:36,040 --> 01:28:38,559
Speaker 1: forty hour work week had to be invented and had

1873
01:28:38,560 --> 01:28:41,559
Speaker 1: to be fought for, and actually the auto industry was

1874
01:28:41,600 --> 01:28:44,439
Speaker 1: central to that reform as well. Henry Ford was one

1875
01:28:44,479 --> 01:28:47,240
Speaker 1: of the first employers to institute a forty hour work week,

1876
01:28:47,240 --> 01:28:49,120
Speaker 1: along with pay that was high at the time, under

1877
01:28:49,120 --> 01:28:51,360
Speaker 1: the theory that a large middle class was needed in

1878
01:28:51,439 --> 01:28:54,439
Speaker 1: order to buy his product. In the same era, pressure

1879
01:28:54,479 --> 01:28:57,360
Speaker 1: from workers and unions helped codify the forty hour work

1880
01:28:57,360 --> 01:29:00,519
Speaker 1: week at the national level through legislation signed by FDR.

1881
01:29:01,040 --> 01:29:03,559
Speaker 1: Often forgotten, too, is the fact that the movement for

1882
01:29:03,600 --> 01:29:06,880
Speaker 1: a shorter work week had even more audacious goals. In

1883
01:29:06,960 --> 01:29:09,599
Speaker 1: nineteen thirty three, a bill to shorten the work week

1884
01:29:09,640 --> 01:29:13,920
Speaker 1: to thirty hours sailed through the United States Senate. Labor

1885
01:29:13,960 --> 01:29:17,280
Speaker 1: groups backed it. FDR initially backed it as well, before

1886
01:29:17,320 --> 01:29:21,000
Speaker 1: buckling to pressure for manufacturing concerns. The forty hour week

1887
01:29:21,080 --> 01:29:25,000
Speaker 1: workweek was actually the compromise position after that initial Boulder

1888
01:29:25,040 --> 01:29:28,080
Speaker 1: effort was killed in the House of Representatives. Nearly a

1889
01:29:28,120 --> 01:29:31,360
Speaker 1: century later, white collar and blue collar workers alike are

1890
01:29:31,400 --> 01:29:34,240
Speaker 1: picking up where reformers and labor activists left off. Nearly

1891
01:29:34,240 --> 01:29:37,439
Speaker 1: one hundred years ago. After all, what could be more

1892
01:29:37,600 --> 01:29:41,559
Speaker 1: essential to human thriving and to realization of freedom than

1893
01:29:41,640 --> 01:29:45,040
Speaker 1: control over one's own time. What could be more beneficial

1894
01:29:45,080 --> 01:29:48,160
Speaker 1: to families and to communities than actually having time to

1895
01:29:48,280 --> 01:29:51,200
Speaker 1: give to loved ones and civic participation time that is

1896
01:29:51,200 --> 01:29:56,080
Speaker 1: not inexhausted, distracted afterthought, for decades, Americans have been brainwashed

1897
01:29:56,120 --> 01:29:59,480
Speaker 1: into believing their only worth is as workers and as consumers.

1898
01:30:00,000 --> 01:30:02,320
Speaker 1: Experience of COVID, whether you're forced into a remote work

1899
01:30:02,320 --> 01:30:04,880
Speaker 1: that triggered a life of reassessment, or whether you were

1900
01:30:04,920 --> 01:30:08,639
Speaker 1: deemed essential and then discovered your employer was literally willing

1901
01:30:08,640 --> 01:30:12,120
Speaker 1: to kill you for profit, that experience has broken decades

1902
01:30:12,200 --> 01:30:15,080
Speaker 1: of work obsess programming, and so in this new reality,

1903
01:30:15,280 --> 01:30:18,679
Speaker 1: the uaw's four day workweek demand makes all the sense

1904
01:30:18,760 --> 01:30:21,880
Speaker 1: in the world, because we are all more than our

1905
01:30:22,000 --> 01:30:24,320
Speaker 1: jobs and Sager, one of the key points that I

1906
01:30:24,320 --> 01:30:24,640
Speaker 1: thought was.

1907
01:30:24,640 --> 01:30:26,320
Speaker 2: So chech and if you want to hear my reaction

1908
01:30:26,479 --> 01:30:30,040
Speaker 2: to Crystal's monologue, become a premium subscriber today at breakingpoints

1909
01:30:30,080 --> 01:30:34,280
Speaker 2: dot com.

1910
01:30:34,439 --> 01:30:36,720
Speaker 3: Thank you guys so much for watching. We really appreciate it.

1911
01:30:37,080 --> 01:30:39,439
Speaker 2: Continue if you can to be able to help us

1912
01:30:39,439 --> 01:30:41,600
Speaker 2: out as we build up for the focus groups for

1913
01:30:41,600 --> 01:30:43,240
Speaker 2: the polling. We have a lot of big improvements that

1914
01:30:43,280 --> 01:30:45,320
Speaker 2: are coming here. We got a great counterpoint show for

1915
01:30:45,360 --> 01:31:01,800
Speaker 2: everybody tomorrow. Otherwise we will see you all on Thursday.