Speaker 1: You're listening to Comedy Central.
Speaker 2: What I got tonight? Here is the host of the
Speaker 2: O'Reilly Updates and he is the author of the forthcoming
Speaker 2: book Confronting the Presidents. Please welcome back to the program,
Speaker 2: bell O'Reilly, sir, come on out, take the time. Thanks
Speaker 2: for having me to appreciated William Yes, sir, you our
Speaker 2: country we are in such a dangerous moment. You've written
Speaker 2: books on almost every assassination, as you have a whole
Speaker 2: line of the Killing, the Killing, Killing, the children's series.
Speaker 2: You're right about killing presidents. Is the time we're in
Speaker 2: in your mind? Are we in a unique time in
Speaker 2: American history of polarization or as you looked back on
Speaker 2: those other moments of terrible tragedy in our country? Are
Speaker 2: there similarities or difference?
Speaker 3: Yeah, it's not unique, but the social media and the
Speaker 3: corporate media heighten everything.
Speaker 2: So you're saying Lincoln's tweets were not a part of He.
Speaker 3: Had to like get a pigeon and throw them out,
Speaker 3: d and limited. But the assassins all have one thing
Speaker 3: in common. They were all mentally ill, all of them,
Speaker 3: and most of them did their terrible deeds because they
Speaker 3: were in a rage and you're going to find out
Speaker 3: that this guy in Pennsylvania fits both of those categories
Speaker 3: that has been human nature since they do.
Speaker 2: You believe then that the political rhetoric, I mean, John
Speaker 2: Wilsbooth was clearly a political actor, No, but he was
Speaker 2: also mentally ill.
Speaker 3: Well, John Wilkes Booth was a fanatical conservative and racist
Speaker 3: who hated Lincoln.
Speaker 2: Good thing that's gone out of the country.
Speaker 1: Well, that's what I'm saying.
Speaker 2: No, I know I was saying it too.
Speaker 1: I'm saying that's why we were both saying it.
Speaker 2: We're obviously sharing that opinion where simpatico, Yes, exactly, exactly,
Speaker 2: don't so Latin.
Speaker 1: I'm sorry.
Speaker 3: So it's not new, but where now in a society
Speaker 3: where hatred is rewarded.
Speaker 2: It's incentivized, it's monetized.
Speaker 3: That's right, And I'm on a The hate brigade is
Speaker 3: now pulling back a little bit because they have to,
Speaker 3: but they're going to be back in two weeks because
Speaker 3: they get paid to do this.
Speaker 1: They're so untalented.
Speaker 3: And you, oh boy, oh boy. I want to make
Speaker 3: this point because Stuart and I have a history.
Speaker 1: All right, we'll go back. But if you watch, if
Speaker 1: you google all right do it, and.
Speaker 2: Ship's passing it at night.
Speaker 1: It's really.
Speaker 3: We are able to disagree without hating each other. Now
Speaker 3: I truly hate him, but I don't I don't show it.
Speaker 1: You hold it, I don't put it. But but now
Speaker 1: that's not rewarded.
Speaker 3: That kind of deaton where two people look at life differently.
Speaker 1: Isn't rewarded.
Speaker 3: The haters get the big money, and so that's what
Speaker 3: you have.
Speaker 1: And I think all Americans start.
Speaker 3: To hold the corporations accountable. You can't do anything about
Speaker 3: the guys and the basement that are chucking this stuff
Speaker 3: out and you just had it on these conspiratorial nuts.
Speaker 3: Can't do anything about that, but you can say to corporations,
Speaker 3: you better knock this stuff off, you better stop calling
Speaker 3: people racist and na season this and that. Now your question,
Speaker 3: and thank you for letting me take question.
Speaker 1: I don't remember. Thank you for letting me. While you were.
Speaker 2: Talking, I was watching a different program.
Speaker 1: I'm watching it.
Speaker 2: I'm watching South Park reruns right now. I don't even
Speaker 2: know what you're talking about.
Speaker 1: But this one is better. So listen to me.
Speaker 2: I'm gonna listen to it. But then I have a
Speaker 2: fall up to this, which I think is important.
Speaker 3: Okay, So your question is then what can people do
Speaker 3: about this?
Speaker 1: All right? Reject it, don't celebrate it.
Speaker 3: So this kid twenty years old in Pennsylvania, and no,
Speaker 3: we don't know what caused him to do that.
Speaker 1: We knew he was a miserable kid who was bullied.
Speaker 3: All of this stuff, right right, we all know that,
Speaker 3: but we don't get into always a Republican. That's the
Speaker 3: first thing they said on the View, the first thing
Speaker 3: they said on Monday on the.
Speaker 1: Editor Republican stop it. That does nobody any good? All right, but.
Speaker 2: Bill, let me push back a Look, you and I
Speaker 2: are both somewhat fossilized practitioners of the rhetorical arts that
Speaker 2: are confrontational at times, provocative at times, and we made
Speaker 2: a really spectacular living pushing those envelopes. It seems now
Speaker 2: to say, hey, these other people should stop he look well,
Speaker 2: it's like it's like it's like, uh, spach, but don't
Speaker 2: you believe let me let me put this wet it.
Speaker 2: We keep saying like, we don't know why these people
Speaker 2: do it. They're all mentally ill. But let's stop the rhetoric.
Speaker 2: Even though we have no idea. Wouldn't it be better
Speaker 2: to come up with. People can be passionate, people can
Speaker 2: defend their position, and shouldn't we be shouldn't the argument
Speaker 2: be we have to start arguing with each other in
Speaker 2: good faith?
Speaker 1: Okay?
Speaker 3: So Biden made a good point last night in the
Speaker 3: Lester Hold interview when he said, what am I supposed
Speaker 3: to do?
Speaker 1: Not criticize Trump?
Speaker 3: Because I think feels it is at towards the third Reich?
Speaker 2: You know, Okay, you know he didn't say that.
Speaker 3: But no, but he was thinking it, Stewart, he was thinking,
Speaker 3: and I can read it.
Speaker 2: Stop monetizing your anger.
Speaker 1: So anyway, stop.
Speaker 2: I don't like it.
Speaker 1: I don't like it one day.
Speaker 3: But he made a point yes where I got to
Speaker 3: criticize the guy because I don't believe he's good for
Speaker 3: America and I believe he's x Y and say, Okay,
Speaker 3: criticism is good, Robust debate is good. I like coming
Speaker 3: on here in front of all of your friends out
Speaker 3: here and the audience. You know, I have no friends here. Okay,
Speaker 3: my friend will not just here.
Speaker 1: Well, I'm giving him that one, all right. Okay, So.
Speaker 3: We have made a nice living confronting other people, sometimes
Speaker 3: making fun of them, sometimes serious debate I'm going to
Speaker 3: do your podcast tomorrow direct and now I'm going to
Speaker 3: kick your butt, of course, But we don't want to
Speaker 3: see them, at least I don't destroyed, right, that's the difference.
Speaker 3: The fanatics on the left and the right want to
Speaker 3: see their opposition destroyed.
Speaker 1: They want to hurt them.
Speaker 2: But I've heard a lot about and even from you,
Speaker 2: not to arguing that point, are you. I'm not arguing
Speaker 2: that point. I think that's a more measured point than
Speaker 2: you've probably been making, and that I've been hearing come on.
Speaker 2: Most of your points from what I've been following, is
Speaker 2: that the left has to take it down a notch.
Speaker 2: You've mentioned MSNBC.
Speaker 3: I ran a montage on the No Spin News last night.
Speaker 3: So I'm Bill O'Reilly dot com. By the way, four million.
Speaker 2: By the way, happy log on. It is hard to
Speaker 2: get on there, it is.
Speaker 3: It's not hard for the four million people that watch
Speaker 3: me all the weekend, four four million.
Speaker 1: Was hard for them. A lot of chimes, thank you,
Speaker 1: all right?
Speaker 3: So I ran a montage of haters on the left
Speaker 3: and the right. I just and I didn't have to,
Speaker 3: but well he's terrible. I just let their words speak
Speaker 3: for themselves on.
Speaker 2: The right, and I don't know if you would argue this.
Speaker 2: There is a feeling that they haven't been doing that
Speaker 2: and that it is the purview.
Speaker 4: Of the life.
Speaker 2: Okay, there's been a lot of that.
Speaker 1: People believe what they want to believe.
Speaker 3: But those of us who are sane and fact based, right,
Speaker 3: and that might not be you. We know what reality
Speaker 3: is because we can see and hear it, but.
Speaker 2: We're no longer agreeing. How can we have a conversation
Speaker 2: about rhetoric if we can't even agree if there are
Speaker 2: delusions of it's really only them. I mean when I
Speaker 2: watch the guy from the Heritage Foundation say the revolution
Speaker 2: will be bloodless if the left, you know, allows that right,
Speaker 2: and you're just like, what are we doing here? You know,
Speaker 2: some of the fears of people are justified. Tens of
Speaker 2: millions of women lost access to reproductive choice based on
Speaker 2: the decisions of that party. Those are real life consequences
Speaker 2: of great gravity and weight.
Speaker 1: How do we talk.
Speaker 2: About those in a way that so that you're able
Speaker 2: to express it?
Speaker 1: It's not difficult to talk about it, and you don't.
Speaker 2: It seems like it is.
Speaker 3: See the mistake that you made, one of the many
Speaker 3: you're trying to get the fringe people in to be reasonable.
Speaker 2: Your marriage foundation that lead is not the fringe.
Speaker 3: And when I want no, no, no, it is that
Speaker 3: people don't know what that is. Most Americans I put
Speaker 3: the number seventy percent are good people. Don't doubt that
Speaker 3: want acrimony, they don't want violence.
Speaker 2: I don't care.
Speaker 1: Those are the people you play to, not the fringe.
Speaker 3: People who are just out there wanting to, as I said,
Speaker 3: destroy the other party.
Speaker 2: Your your candidate.
Speaker 1: Why no, I don't have a candidate. Oh right, okay, independent.
Speaker 1: So that's what this guy did. And this is what
Speaker 1: you did.
Speaker 2: I really didn't take look at this Cornell westfellow.
Speaker 3: If you guys watched the air conditioned litatorium, he did
Speaker 3: the same thing.
Speaker 1: Listen to me, Nick Romney, listen, you are fossil.
Speaker 4: Listen to me.
Speaker 2: Listen the candidate who represents many of your kinfolk. He
Speaker 2: said the election was stolen and rigged and drove people
Speaker 2: to this madness on January sixth. How are we to
Speaker 2: deal with that?
Speaker 1: Truly?
Speaker 2: You know, what is the hallmark of a democracy, peaceful transfer?
Speaker 2: That put that in jeopardy.
Speaker 1: That has haunted him every day since.
Speaker 2: Oh, he's paid a terrible price he has.
Speaker 1: Can I explain the truce.
Speaker 2: He's going to go back to the White House and
Speaker 2: if you have to fix the damage of.
Speaker 1: Him paint that wall.
Speaker 3: If Trump hadn't done that on January sixth, he'd be
Speaker 3: ahead of Biden by twenty five points in the poll.
Speaker 3: I mean, that's how bad Biden has been for the country.
Speaker 1: Well, I disagree with that, but that's all the fuss
Speaker 1: you do. But that's okay, Well, I understand, I can
Speaker 1: back it up. Do you want me to? Okay, I'm
Speaker 1: going to ruin your day. I'm going to ruin your
Speaker 1: days through.
Speaker 2: You brought a handkerchief, all right.
Speaker 1: I was prepared for this.
Speaker 3: Food price is under Biden up twenty percent, Gas price
Speaker 3: is thirty eight Mortgage rates.
Speaker 1: One hundred and sixty percent.
Speaker 2: Yeah, prices are gone.
Speaker 3: Drug ODE's up thirty six percent. Okay, car insurance one
Speaker 3: hundred and twenty five percent.
Speaker 1: These are folks. They have to spend that month.
Speaker 2: There's no question that post pandemic, this country and the
Speaker 2: world have suffered.
Speaker 1: Trump had two years of post pandemic.
Speaker 2: Right, But Trump ran an eight trillion dollar deficit. He
Speaker 2: spent one point seven trillion on tax cuts he deregulated.
Speaker 2: Inflation was cut.
Speaker 1: One point five percent when he walked out.
Speaker 2: But look at it in relation to the world, I
Speaker 2: respectfully say, yes, inflation was too high and that hurts
Speaker 2: American consumer. You want this, So what did Biden do
Speaker 2: to create that?
Speaker 1: Though? I don't know, and that's what I would ask.
Speaker 2: So, baby, you wrote down a piece of paper, but
Speaker 2: you didn't look up the answer. I'm not going to
Speaker 2: need to.
Speaker 3: I want to ask Biden about that. Okay, So you're
Speaker 3: saying why did Biden do it?
Speaker 1: I'm not going to hear.
Speaker 2: In mind, that was a very poor impression of how
Speaker 2: I've been saying.
Speaker 4: It's like.
Speaker 1: That's nothing. Okay, all right, So my job as a
Speaker 1: journalist is to say, when.
Speaker 2: Did you get that job?
Speaker 1: Then you really make it too easy.
Speaker 2: We're gonna talk tomorrow.
Speaker 1: We gotta go. This is too long.
Speaker 2: Thank you for being here. Confroning the Presidents comes out
Speaker 2: September tenth, available for pre order. Bill Rather.
Speaker 1: Daily Show.
Speaker 4: My guest Tonight is an y U professor, entrepreneur, and
Speaker 4: best selling author whose book is called The Algebra Wealth,
Speaker 4: A Simple Formula Level Financial Security. Please welcome Scott Galloway.
Speaker 5: Thanks for joining me, professor, thanks for having me.
Speaker 4: Algebra wealth? What is the algebra wealth?
Speaker 5: So it's a retrospective and all the mistakes.
Speaker 4: I mean, what is the how? What is that? How
Speaker 4: do you make money? Yet?
Speaker 5: Now I wanted to insert me into the story. Right,
Speaker 5: So it's a the algebra. The first is focus. Try
Speaker 5: and find your talent, not your passion. Anyone who tells
Speaker 5: you to pursue your passion is already rich. Find something
Speaker 5: you're good at in an industry that has an employment
Speaker 5: rate above ninety percent. Side hustles mean your main hustle
Speaker 5: isn't work, and go all in on something. Then you
Speaker 5: want to talk about stoicism. Control the things you can't
Speaker 5: control you can control.
Speaker 4: Hey, this is that complicate?
Speaker 1: How do I Why?
Speaker 5: How are we doing so far?
Speaker 4: Why are people poor? And who should we blame? That is?
Speaker 4: Whose fault is it that everyone is poor? Is it
Speaker 4: baby boomers? Is it foreigners? Is it bitcoin? Is it
Speaker 4: the government? Whose fault? Is it?
Speaker 1: Yes?
Speaker 4: That we are poor?
Speaker 5: Well, I think that every essentially every fiscal policy in
Speaker 5: America of the last twenty or thirty years has been
Speaker 5: nothing but an elegant transfer of wealth from the young
Speaker 5: to the old. We transfer one and a half trillion
Speaker 5: dollars from young people to the wealthiest generation and history
Speaker 5: seniors can's it?
Speaker 4: Boomas say, yeah, the two biggest.
Speaker 5: Sax deductions, capital gains and mortgage interests. Who owns homes
Speaker 5: and stocks? People my age? Who makes their money from earnings?
Speaker 1: And rent? People their age.
Speaker 5: So I think everything we do is nothing but an
Speaker 5: elegant transfer a wealth from young to old. People call
Speaker 5: them entitled. I think they're actually entitled to be enraged.
Speaker 4: This is okay.
Speaker 1: I love how I love how you. I love how you.
Speaker 4: You came in here. You're like, yeah, it's my fault
Speaker 4: that I'm rich and your poor, but you you can't
Speaker 4: do anything about this. But what can people do about it?
Speaker 4: I mean football, I mean kudos to you. Know, you're
Speaker 4: the first Boomer I've heard in the last decade to
Speaker 4: give young people some props, you know, to be like, hey,
Speaker 4: it's not because all I've heard for the last decades
Speaker 4: is boomer is yelling at millennials of being lazy and
Speaker 4: eating avocado. So like a refreshing voice.
Speaker 5: Here, Look, the average seven year old is seventy two
Speaker 5: percent wealthy than they were forty years ago, the average
Speaker 5: person under the age of forty is twenty four percent
Speaker 5: less wealthy. The child tax Credit gets stripped out of
Speaker 5: the Infrastructure Act forty billion dollars, but one hundred and
Speaker 5: twenty billion dollar increase annual increase in cost living Adjustment
Speaker 5: for seniors flies right through.
Speaker 4: Okay, anytime I want to say boomers, I'll just link
Speaker 4: to this.
Speaker 1: Part of the one hundred percent.
Speaker 4: Just what this guy said. So, I mean, I'd love
Speaker 4: to continue making a case against boomas, but I also
Speaker 4: like to figure out, like, so, what can we do
Speaker 4: about what can we do about it?
Speaker 1: What can Here's a arriety of things.
Speaker 5: One, lower taxes on put more money in. That put
Speaker 5: more money in the pockets of young people. Education kind
Speaker 5: up four cold. That was that was pretty popular. Housing's
Speaker 5: kind of four x. Education's gone up two x. Meanwhile,
Speaker 5: minimum wage, if it had just kept productivity up with
Speaker 5: productivia in plation, would be in twenty three bucks an hour,
Speaker 5: but it's seven twenty five. We need a series of
Speaker 5: policies that make it easier for people to get ahead
Speaker 5: of Sixty percent of people age thirty to thirty four
Speaker 5: used to have kids. Now it's twenty seven percent. They're
Speaker 5: literally opting out of America. They look up, they look down,
Speaker 5: they see prosperity everywhere. In two hundred and ten times
Speaker 5: a day they get a notification of someone vomiting their
Speaker 5: faux wealth in their face. It's no accident that that
Speaker 5: we have we are raising a generation of the most obese, anxious, depressed,
Speaker 5: suicidal generation in history.
Speaker 4: So wait, you're doing so well there with praising the
Speaker 4: young people, and you took a hot turn. I just
Speaker 4: wasn't ready for I'm sorry, Well, are we good or not?
Speaker 4: I was all fault or not. But it's okay. But like,
Speaker 4: besides being civically engaged and caring about the world, what
Speaker 4: can a young person do to make money?
Speaker 5: Well, again, I think it's I think it's nobody.
Speaker 4: Got that one buses because what you're describing as policies, right,
Speaker 4: And I think a lot of young people feel disenfranchised
Speaker 4: voting and so agency.
Speaker 5: Everyone needs to have a sense of agency. You do
Speaker 5: have agency. One recognize how fast time is going to go.
Speaker 5: If between the ages of twenty and thirty, if you
Speaker 5: just save three to six percent of your salary, you're
Speaker 5: going to end up wealthy by the time you're my age,
Speaker 5: Recognize the time is going to go faster then you think.
Speaker 5: Diversify and also recognize recognize that your twenties is about workshopping.
Speaker 5: Don't be so hard on yourself. But also recognize you're
Speaker 5: going to live a lot longer than you think, and
Speaker 5: so just try to develop a savings muscle and put
Speaker 5: a little bit of money away in case you don't
Speaker 5: go double platinum or sell a business. Most of us,
Speaker 5: because our species hasn't lived past thirty five for ninety
Speaker 5: nine percent of our time on this planet, we have
Speaker 5: trouble believing that you're going to be my age. That's
Speaker 5: why we're so horrified when we look in the mirror
Speaker 5: past thirty five. We're just not used to saying.
Speaker 4: I'm kind of horrified looking from me right now.
Speaker 5: Yeah, you just made my wife your best friend. This
Speaker 5: is essentially start start early and so you can save,
Speaker 5: you can control, control your spending, spend less than you make,
Speaker 5: develop a savings muscle, and then really lean into your
Speaker 5: strengths and become great at something and pick a non
Speaker 5: vanity industry that has greater than the ninety plus percent
Speaker 5: employment rate.
Speaker 4: Okay, so your advice young people is that the boomers
Speaker 4: are screwing you over. Try to vote people in who
Speaker 4: can hopefully reverse that a little bit.
Speaker 5: Elected officials are a cross between the Golden Girls and
Speaker 5: the walking dead the average age.
Speaker 4: But that is true.
Speaker 5: That is true.
Speaker 4: But and I'm asking you as a post have more
Speaker 4: experience than me and much more well read on this.
Speaker 4: Do you feel like this is kind of like the
Speaker 4: last death grasp of the boomers trying to hold on
Speaker 4: and if we just can wait them out in theother
Speaker 4: five years, we can regain control and balance things out. Hopefully.
Speaker 5: I think that's hopeful. But the average age is now
Speaker 5: the oldest elected populace of any democratic institution. What happens
Speaker 5: in a democracy if you're not forward leaning like our
Speaker 5: ancestors and investmental class. Old people have figured out they
Speaker 5: can vote themselves more money. Does a person Speaker of
Speaker 5: the House when she had her first child Castro had
Speaker 5: declared just declared marshal law and Cuba two thirds of
Speaker 5: houses did not have a TV. Does she really understand
Speaker 5: the challenges facing a twenty five year old single mother
Speaker 5: or a twenty two year old male who has a
Speaker 5: lack of economic or romantic prospects. The average age of
Speaker 5: Americans is thirty five. We need a representative democracy. We
Speaker 5: need more young people that will vote for money and
Speaker 5: make Ford leaning investments.
Speaker 4: Man, you just said that done when his boomers just
Speaker 4: won't die. They just won't die, keep going on making decisions.
Speaker 4: I feel like entrenched in decision making positions. They are
Speaker 4: alluding the capital gains tax on network essentially compounds.
Speaker 1: Yes see, you got it.
Speaker 5: There's an incumbency rate of ninety five percent or between
Speaker 5: ninety two and ninety five percent. In addition, because of
Speaker 5: jerry mandering, we essentially send to Washington hard right crazies
Speaker 5: and hard left crazies who have one thing in common,
Speaker 5: and that is they're really old. They keep voting themselves
Speaker 5: more money. If we don't start investing in the future,
Speaker 5: democracy is literally going to collapse on itself when we
Speaker 5: get to these levels of income inequality. They owe its
Speaker 5: self correct through war, feminine revolution. We need to do
Speaker 5: something about this.
Speaker 4: Okay, so we'll be fine, is what you're saying.
Speaker 1: Is that's right?
Speaker 4: So the solution is find people who speak this language
Speaker 4: and volte them in. Right.
Speaker 5: That sounds like what We absolutely need a younger electric
Speaker 5: but we also need physical policies that do what our
Speaker 5: previous generations you to invest, invest in the future, and
Speaker 5: investment in the middle class technologies.
Speaker 4: But as someone who speaks I'm sorry to cut you
Speaker 4: off by someone someone who speaks boomer. Yeah, when you
Speaker 4: talk to your fellow boomers and you tell them like
Speaker 4: you're a kind of taking away the things that you
Speaker 4: benefit it from, right, can we put them back in?
Speaker 4: How do you convince these old people to do that?
Speaker 5: What I mean like the key to progress or there's
Speaker 5: Fdr Teddy Roosevelt is having a series of class traders.
Speaker 5: If you own make these forward leaning investments. The reality
Speaker 5: is people, you have your world of work, you have
Speaker 5: your old, the friends, you have your old the kids.
Speaker 5: When something comes off the track with one of your kids,
Speaker 5: the whole world shrinks to that kid. So the question
Speaker 5: is are we willing to make the same sort of
Speaker 5: forward leaning investments that your father and our grandparents made
Speaker 5: in America moving forward? We have lost that sense of
Speaker 5: comedy of man. One solution that I think will help
Speaker 5: us get back to that is that I think we
Speaker 5: need mandatory national service to so we can develop more
Speaker 5: connective tissue and young Americans can meet people from other
Speaker 5: ethnic groups, other sexual orientation, and realize that they can
Speaker 5: build something great in the agency of others and not
Speaker 5: see each other as Republicans, not see each other as Democrats,
Speaker 5: or trans or non transmit, see each other as Americans,
Speaker 5: and start making these forward leaning investments that have made
Speaker 5: the matter day well.
Speaker 4: As a young person, thank you, Thank you. Try to
Speaker 4: look after the next generation. I appreciate that more old
Speaker 4: people can be like you.
Speaker 1: I appreciate that now Jabron Wealth is available.
Speaker 4: Now start Galloway. Explore more shows from the Daily Show
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