1 00:00:00,160 --> 00:00:04,160 Speaker 1: Is remaking American culture by sheer force of will from 2 00:00:04,160 --> 00:00:06,840 Speaker 1: the Kennedy Center Honor so UFC fights at the White 3 00:00:06,840 --> 00:00:12,000 Speaker 1: House to control over me museum displays and defunding public broadcasting. 4 00:00:12,640 --> 00:00:16,360 Speaker 1: But here's the thing. The president can take these actions. 5 00:00:16,480 --> 00:00:19,200 Speaker 1: He can cancel events, he can take over museums. But 6 00:00:19,280 --> 00:00:22,279 Speaker 1: you can't force cultural change. 7 00:00:22,560 --> 00:00:22,799 Speaker 2: Can't. 8 00:00:22,800 --> 00:00:23,959 Speaker 1: People simply reject it? 9 00:00:24,400 --> 00:00:27,360 Speaker 3: Before I entered office, one hundred percent of all new 10 00:00:27,520 --> 00:00:32,120 Speaker 3: net jobs we're going to migrant workers. See that, one 11 00:00:32,200 --> 00:00:36,599 Speaker 3: hundred percent of new jobs we're going to migrant These 12 00:00:36,600 --> 00:00:40,960 Speaker 3: are government numbers. By the way, These an't that Trump numbers. 13 00:00:41,000 --> 00:00:43,480 Speaker 3: These are government numbers because they say, well, de Trump 14 00:00:43,520 --> 00:00:44,640 Speaker 3: come up with these numbers. 15 00:00:44,680 --> 00:00:45,479 Speaker 4: No, I didn't come up. 16 00:00:45,520 --> 00:00:50,320 Speaker 3: I'm just migrant workers and illegal alienists got one hundred percent. 17 00:00:50,960 --> 00:00:56,200 Speaker 3: But since I took office, one hundred percent of all 18 00:00:56,360 --> 00:01:01,080 Speaker 3: net job creation has gone to American citizens. 19 00:01:01,160 --> 00:01:05,360 Speaker 4: How about them? Now? 20 00:01:05,400 --> 00:01:06,039 Speaker 2: How about them? 21 00:01:07,319 --> 00:01:08,959 Speaker 3: Even I will give myself a hand. 22 00:01:10,840 --> 00:01:11,600 Speaker 2: Now think of it. 23 00:01:11,640 --> 00:01:14,720 Speaker 3: One hundred percent went to American citizens before one hundred 24 00:01:14,720 --> 00:01:17,440 Speaker 3: percent went to people that came into the country illegally. Again, 25 00:01:17,920 --> 00:01:21,600 Speaker 3: many of them from prisons, many of them gang members, 26 00:01:21,680 --> 00:01:22,560 Speaker 3: drug members. 27 00:01:23,000 --> 00:01:24,039 Speaker 4: Trend de Arragua. 28 00:01:25,200 --> 00:01:28,640 Speaker 3: More Americans are working today than at any time in 29 00:01:28,680 --> 00:01:31,480 Speaker 3: the history of our country. I've also announced a permanent 30 00:01:31,560 --> 00:01:36,399 Speaker 3: pause on Third World migration, including from hell holes like Afghanistan, 31 00:01:37,000 --> 00:01:39,960 Speaker 3: hating Somalia and many other countries. 32 00:01:47,760 --> 00:01:49,480 Speaker 4: I didn't say no, you did. 33 00:01:53,160 --> 00:01:56,720 Speaker 5: A bad vision, like a really dumb vision and a 34 00:01:56,840 --> 00:02:00,680 Speaker 5: destructive one for world peace speak. 35 00:02:00,880 --> 00:02:03,000 Speaker 6: Over the last eight decades eighty years, since the end 36 00:02:03,000 --> 00:02:05,480 Speaker 6: of World War Two the Cold War, the United States 37 00:02:06,320 --> 00:02:09,359 Speaker 6: essentially had a fairly consistent farm pouse, supporting the rule 38 00:02:09,400 --> 00:02:14,040 Speaker 6: of law, balance of power, working through allies involved in institutions, 39 00:02:14,320 --> 00:02:17,920 Speaker 6: promoting democracy and human rights where we could. This is 40 00:02:17,960 --> 00:02:23,000 Speaker 6: a massive, massive departure. It is the most radical farm 41 00:02:23,040 --> 00:02:27,079 Speaker 6: policy vision put forward by any administration in eighty years. 42 00:02:27,600 --> 00:02:31,200 Speaker 6: This is essentially the end of the post World War two, 43 00:02:31,400 --> 00:02:33,880 Speaker 6: post Cold War American farm policy. As you say, a 44 00:02:33,880 --> 00:02:38,480 Speaker 6: big emphasis on the Western hemisphere above Europe, Middle East Asia, 45 00:02:38,960 --> 00:02:43,959 Speaker 6: big emphasis on promoting commercial interests above fall else feelmaking 46 00:02:44,320 --> 00:02:48,800 Speaker 6: Russia gets treated with kid gloves, China the same toughest 47 00:02:48,840 --> 00:02:52,280 Speaker 6: treatment of Europe. Europe's treated like an Ivy League university 48 00:02:52,680 --> 00:02:56,840 Speaker 6: which is woke and needs to be attacked. Really dismissive 49 00:02:57,560 --> 00:03:01,760 Speaker 6: about eure, a hostel about the the European Union. No 50 00:03:02,120 --> 00:03:04,520 Speaker 6: sense at the European Union, by the way, for all 51 00:03:04,560 --> 00:03:07,120 Speaker 6: of its flawsy ad over regulates. I get it. But 52 00:03:07,639 --> 00:03:10,240 Speaker 6: it's the reason that you've had peace in Europe in 53 00:03:10,280 --> 00:03:13,200 Speaker 6: part for the last eight decades, because it brought together 54 00:03:13,280 --> 00:03:16,600 Speaker 6: Germany and France, which had fought wars and wars and 55 00:03:16,720 --> 00:03:20,200 Speaker 6: wars again and again and again throughout throughout history. So 56 00:03:20,440 --> 00:03:23,600 Speaker 6: there's no appreciation I think of what's been what's been accomplished. 57 00:03:23,840 --> 00:03:25,120 Speaker 4: It's a it's a let's adjust. 58 00:03:25,320 --> 00:03:28,799 Speaker 6: It is a radical document, it is a radical departure, 59 00:03:29,280 --> 00:03:31,119 Speaker 6: and it'd be one thing to do a radical departure 60 00:03:31,160 --> 00:03:33,040 Speaker 6: if we failed over the last eighty years. But the 61 00:03:33,080 --> 00:03:37,240 Speaker 6: last I checked, we've avoided Great Power War, we won 62 00:03:37,280 --> 00:03:40,280 Speaker 6: the Cold War, ended peacefully on terms that were pretty 63 00:03:40,280 --> 00:03:43,119 Speaker 6: good for us. Our economy has done okay, not perfectly, 64 00:03:43,160 --> 00:03:45,680 Speaker 6: but okay. The average person lives longer, a lot more 65 00:03:45,720 --> 00:03:49,119 Speaker 6: freedom in the world. So we're basically junking something that's 66 00:03:49,160 --> 00:03:51,840 Speaker 6: worked pretty well for something that is radically different. 67 00:03:51,920 --> 00:03:52,320 Speaker 2: I love this. 68 00:03:53,800 --> 00:03:55,600 Speaker 4: Whatever the hell with. 69 00:03:57,160 --> 00:03:59,800 Speaker 7: Little German, I love her. 70 00:04:00,040 --> 00:04:00,520 Speaker 2: She comes in. 71 00:04:00,920 --> 00:04:06,760 Speaker 3: There's nothing but bitch she's always a compleaded. She comes 72 00:04:06,800 --> 00:04:10,880 Speaker 3: from her country where I mean, it's considered about the 73 00:04:10,920 --> 00:04:12,000 Speaker 3: worst country. 74 00:04:11,600 --> 00:04:12,040 Speaker 7: In the world. 75 00:04:12,200 --> 00:04:12,360 Speaker 6: Right. 76 00:04:12,400 --> 00:04:14,120 Speaker 2: They have no military, they. 77 00:04:14,000 --> 00:04:16,920 Speaker 3: Have no nothing, they have no parliament, they don't know 78 00:04:16,960 --> 00:04:19,159 Speaker 3: what they hell the word parliament means they have nothing. 79 00:04:19,240 --> 00:04:22,320 Speaker 3: They have no police, They police themselves. 80 00:04:22,320 --> 00:04:23,800 Speaker 2: They kill each other all the time. 81 00:04:24,600 --> 00:04:25,000 Speaker 4: I love it. 82 00:04:25,120 --> 00:04:28,920 Speaker 3: She comes to our country and she's always complaining about 83 00:04:29,160 --> 00:04:33,320 Speaker 3: the constitution allows me to do this. Then we would 84 00:04:33,320 --> 00:04:34,240 Speaker 3: have get her to hell out. 85 00:04:34,279 --> 00:04:37,599 Speaker 2: She married her brother in order to get in, right, 86 00:04:37,920 --> 00:04:38,880 Speaker 2: she married her brother. 87 00:04:43,400 --> 00:04:48,000 Speaker 3: Can you imagine if Donald Trump married a beautiful she's 88 00:04:48,040 --> 00:04:51,960 Speaker 3: a beautiful person. If I married my sister to get 89 00:04:52,040 --> 00:04:55,320 Speaker 3: my citizenship, do you think I'd last for about two hours? 90 00:04:55,440 --> 00:04:58,800 Speaker 3: Or it would be something less than that. She married 91 00:04:58,800 --> 00:05:02,279 Speaker 3: her brother to get in. Therefore she's here illegally. 92 00:05:02,839 --> 00:05:04,600 Speaker 4: She should get the hell out, Throw the hell out. 93 00:05:05,080 --> 00:05:06,520 Speaker 4: She does nothing but complain. 94 00:05:19,640 --> 00:05:23,120 Speaker 3: Together, we're repairing four years of disaster by the radical 95 00:05:23,160 --> 00:05:26,520 Speaker 3: left Democrats in Congress and by the worst president in the. 96 00:05:26,520 --> 00:05:28,120 Speaker 4: History of our country. He is, I mean, it's not 97 00:05:28,160 --> 00:05:29,039 Speaker 4: a question about that. 98 00:05:30,360 --> 00:05:33,200 Speaker 3: It's just the worst president in the history of our country. 99 00:05:33,400 --> 00:05:35,880 Speaker 3: The damage he thank you very much. 100 00:05:35,880 --> 00:05:37,480 Speaker 4: The damage he's. 101 00:05:37,279 --> 00:05:40,440 Speaker 3: Done to our country is something we can never forget. 102 00:05:41,839 --> 00:05:45,440 Speaker 3: After just ten months, our border is secure, our spirit 103 00:05:45,600 --> 00:05:50,280 Speaker 3: is restored, Inflation is stopped, wages are prices are down, 104 00:05:50,760 --> 00:05:55,479 Speaker 3: our nation is strong, America is respected again, and the 105 00:05:55,640 --> 00:05:57,120 Speaker 3: United States is backed. 106 00:06:08,800 --> 00:06:11,640 Speaker 8: Andrew Breibart said, politics is downstream of culture, and I 107 00:06:11,680 --> 00:06:14,600 Speaker 8: think Trump has always innately understood that that he is 108 00:06:14,640 --> 00:06:15,480 Speaker 8: shifting the culture. 109 00:06:15,520 --> 00:06:16,599 Speaker 4: He is shaping the culture. 110 00:06:16,640 --> 00:06:18,360 Speaker 2: Will it swing back when he's gone. 111 00:06:18,839 --> 00:06:20,600 Speaker 4: Maybe, But a lot of that stuff we're down the 112 00:06:20,680 --> 00:06:22,080 Speaker 4: road on. I mean yes, But you know. 113 00:06:22,040 --> 00:06:25,000 Speaker 1: What, when you try to force a cultural shift, you 114 00:06:25,040 --> 00:06:28,479 Speaker 1: open the door for massive public rejection. 115 00:06:29,080 --> 00:06:30,040 Speaker 4: Well, I hope you're right. 116 00:06:30,600 --> 00:06:31,800 Speaker 1: I don't know. We'll soon find out. 117 00:06:34,440 --> 00:06:38,000 Speaker 4: This is the final scream of a dying regime. 118 00:06:39,320 --> 00:06:42,560 Speaker 8: Pray for our enemies, because we're going to medieval on 119 00:06:42,600 --> 00:06:43,120 Speaker 8: these people. 120 00:06:44,320 --> 00:06:46,920 Speaker 4: You've not got a free shot. All these networks lying 121 00:06:47,720 --> 00:06:49,960 Speaker 4: about the people. The people have had a belly full 122 00:06:49,960 --> 00:06:52,080 Speaker 4: of it. I know you don't like hearing that. I 123 00:06:52,120 --> 00:06:53,360 Speaker 4: know you've tried to do everything in the world to 124 00:06:53,360 --> 00:06:54,920 Speaker 4: stop it, but you're not going to stop it. It's 125 00:06:54,960 --> 00:06:55,800 Speaker 4: going to happen. 126 00:06:55,920 --> 00:06:58,120 Speaker 2: And where do people like that go to share the 127 00:06:58,120 --> 00:07:00,680 Speaker 2: big line, Mega Media. 128 00:07:00,800 --> 00:07:03,880 Speaker 6: I wish in my soul, I wish that any of 129 00:07:03,920 --> 00:07:05,479 Speaker 6: these people had a conscience. 130 00:07:06,160 --> 00:07:09,360 Speaker 8: Ask yourself, what is my task and what is my purpose? 131 00:07:10,000 --> 00:07:14,200 Speaker 3: If that answer is to save my country, this country 132 00:07:14,440 --> 00:07:16,120 Speaker 3: will be saved. 133 00:07:16,240 --> 00:07:16,680 Speaker 8: War Room. 134 00:07:17,120 --> 00:07:19,560 Speaker 2: He's your host, Stephen k Back. 135 00:07:24,640 --> 00:07:28,680 Speaker 8: Wednesday, ten December, the year Earler, twenty twenty five. Welcome 136 00:07:28,840 --> 00:07:30,800 Speaker 8: to the morning edition of the War Room. We have 137 00:07:30,880 --> 00:07:32,800 Speaker 8: both Dave Brett and Joe Allen's going to join us 138 00:07:32,840 --> 00:07:37,280 Speaker 8: a moment in our command module in the Imperial Capital. 139 00:07:38,400 --> 00:07:42,560 Speaker 8: President Trump goes to Scranton, and it's not that he 140 00:07:42,560 --> 00:07:44,840 Speaker 8: ever lost his mojo, but you can see the connection 141 00:07:45,720 --> 00:07:48,480 Speaker 8: with Maga, that great crowd in scrant and I want 142 00:07:48,480 --> 00:07:51,920 Speaker 8: to thank Ernie Preate and all the Real American Voice 143 00:07:51,920 --> 00:07:55,120 Speaker 8: team yesterday for getting us a great run up to 144 00:07:55,240 --> 00:07:55,720 Speaker 8: the speech. 145 00:07:56,280 --> 00:07:57,520 Speaker 4: Dave Brett joins me. 146 00:07:57,640 --> 00:08:03,160 Speaker 8: Dave first, first off, Chrisnome number two, Perencil get number two, 147 00:08:03,160 --> 00:08:08,000 Speaker 8: Principal held illehan Omar. I think the President has said 148 00:08:08,320 --> 00:08:10,760 Speaker 8: over and over and again, get her the hell out. 149 00:08:11,320 --> 00:08:15,360 Speaker 8: What are we starting the denaturalization process? Asking for a friend? 150 00:08:15,920 --> 00:08:19,000 Speaker 8: Dave Bratt. President went up there for the affordability, and 151 00:08:19,040 --> 00:08:21,880 Speaker 8: he didn't fall into the affordability trap of the Democrats. 152 00:08:21,920 --> 00:08:26,640 Speaker 8: The twenty inflation. In fact, I think Scott Bessen rates 153 00:08:26,680 --> 00:08:26,880 Speaker 8: it now. 154 00:08:26,880 --> 00:08:31,360 Speaker 4: It was like forty percent inflation, but the inflation accumulative inflation. 155 00:08:31,400 --> 00:08:34,240 Speaker 8: Out of Biden, he talked about growth, He talked about jobs, 156 00:08:34,240 --> 00:08:39,200 Speaker 8: start an investment, higher wages, taxes that are tax cuts 157 00:08:39,240 --> 00:08:41,679 Speaker 8: targeted to the working class, in the middle class. What's 158 00:08:41,720 --> 00:08:45,560 Speaker 8: your overall assessment of And boy, if this is how 159 00:08:45,600 --> 00:08:48,520 Speaker 8: it's going to be, I say do one bylat in 160 00:08:48,600 --> 00:08:52,400 Speaker 8: the White House a week with economics and nationalism, and 161 00:08:52,400 --> 00:08:54,520 Speaker 8: then get on the road and do more of this. 162 00:08:54,600 --> 00:08:56,200 Speaker 4: Your thoughts, Dave Brat. 163 00:08:57,640 --> 00:09:02,280 Speaker 2: Yeah, well that's the right setup. You know, it's unfortunately 164 00:09:02,280 --> 00:09:05,360 Speaker 2: debating right now. It's basically God versus no God, truth 165 00:09:05,440 --> 00:09:08,320 Speaker 2: versus no truth. Right, And so the federal reserves getting 166 00:09:08,360 --> 00:09:11,520 Speaker 2: ready to lower rates. Why is the Fed federals federal 167 00:09:11,520 --> 00:09:15,520 Speaker 2: funds rate been up because we had twenty one percent 168 00:09:15,600 --> 00:09:19,280 Speaker 2: inflation under Biden and most people don't know even if 169 00:09:19,280 --> 00:09:22,160 Speaker 2: you got two or three percent inflation now it's not down, right, 170 00:09:22,160 --> 00:09:27,200 Speaker 2: Prices aren't down. Trump's got the inflation rate way down 171 00:09:27,440 --> 00:09:29,960 Speaker 2: from where it was under Biden, but it's still a 172 00:09:29,960 --> 00:09:33,560 Speaker 2: three percent addition to twenty one percent every year. So 173 00:09:33,600 --> 00:09:36,360 Speaker 2: when the people say they're hurting, they're hurting. But we 174 00:09:36,400 --> 00:09:39,000 Speaker 2: got to tell them who did the hurting. And so 175 00:09:39,160 --> 00:09:41,840 Speaker 2: you know, unfortunately the narrative right now, here's the New 176 00:09:41,920 --> 00:09:45,400 Speaker 2: York Times Today front page right above the fold. A 177 00:09:45,480 --> 00:09:49,679 Speaker 2: price blitz puts Trump on defense. A price blitz puts 178 00:09:49,679 --> 00:09:54,880 Speaker 2: Trump on defense. They don't substantiate anything. In fact, all 179 00:09:54,920 --> 00:09:58,720 Speaker 2: the economists have been looking to link tariffs to higher prices. 180 00:09:58,960 --> 00:10:02,600 Speaker 2: They can't. The San Francisco Fed fed a reserve bank 181 00:10:02,679 --> 00:10:05,240 Speaker 2: than a major deep dive and showed that in the 182 00:10:05,280 --> 00:10:08,959 Speaker 2: short run the terrifts have actually lowered prices. And they 183 00:10:08,960 --> 00:10:12,080 Speaker 2: got some other politics in there. I don't like, but 184 00:10:12,120 --> 00:10:14,640 Speaker 2: it can't be found. And then on the other hand, 185 00:10:14,679 --> 00:10:19,040 Speaker 2: the Atlanta Fed now has real real GDP growth after inflation, 186 00:10:19,400 --> 00:10:22,040 Speaker 2: real GDP going up by three and a half percent. 187 00:10:22,040 --> 00:10:24,760 Speaker 2: If you would have told me that a year ago 188 00:10:24,880 --> 00:10:27,360 Speaker 2: that we'd be at that rate after the Biden economy, 189 00:10:27,679 --> 00:10:30,880 Speaker 2: I would have been highly skeptical. Right, everybody knows I've 190 00:10:30,920 --> 00:10:34,240 Speaker 2: been putting up the downward productivity charts forever. The long 191 00:10:34,320 --> 00:10:37,960 Speaker 2: run stance hasn't changed, except for Trump. Jack and capital 192 00:10:38,000 --> 00:10:41,480 Speaker 2: into this country. That's the number one cause of economic growth. 193 00:10:41,480 --> 00:10:43,520 Speaker 2: He's doing all the right things. It takes a while, 194 00:10:44,400 --> 00:10:47,040 Speaker 2: but he's just got to get out when he does 195 00:10:47,200 --> 00:10:50,640 Speaker 2: the ean omyer or whatever you know, the he can 196 00:10:50,679 --> 00:10:54,160 Speaker 2: do it. But we saw these races in Georgia and whatever. 197 00:10:55,000 --> 00:10:58,200 Speaker 2: The folks downstream from Trump better learn about culture and 198 00:10:58,280 --> 00:11:00,160 Speaker 2: how to do it, because when Trump does it, he 199 00:11:00,200 --> 00:11:04,400 Speaker 2: knows how to do it. But at these state level races, whatever, 200 00:11:04,440 --> 00:11:08,280 Speaker 2: there's you're fighting against. The mainstream media still as a 201 00:11:08,280 --> 00:11:11,200 Speaker 2: as a state delioate kind of thing, and Trump can't 202 00:11:11,240 --> 00:11:14,040 Speaker 2: help everyone. And it's time for the parties in Virginia 203 00:11:14,160 --> 00:11:15,680 Speaker 2: and Georgia to get a pulse. 204 00:11:18,000 --> 00:11:18,319 Speaker 4: I talk. 205 00:11:18,559 --> 00:11:22,400 Speaker 8: So last night was was Miami. I don't think that's 206 00:11:22,440 --> 00:11:24,439 Speaker 8: as big as deals what happened in Georgia. We'll get 207 00:11:24,480 --> 00:11:27,920 Speaker 8: more into detail later, but basically a state house that 208 00:11:28,040 --> 00:11:31,480 Speaker 8: President Trump and they had actually worked the district's President 209 00:11:31,480 --> 00:11:34,240 Speaker 8: Trump won, I don't know by twelve fifteen in November 210 00:11:34,280 --> 00:11:36,480 Speaker 8: and a loss last night. This is the one that 211 00:11:36,760 --> 00:11:40,160 Speaker 8: ought to be taking apart. The Democrats are including enthusiastic. 212 00:11:40,280 --> 00:11:44,360 Speaker 8: That's why President Trump fighting back last night, and they 213 00:11:44,360 --> 00:11:45,760 Speaker 8: didn't use the stats go back. 214 00:11:45,760 --> 00:11:48,079 Speaker 4: I want I want the I want. 215 00:11:47,920 --> 00:11:52,040 Speaker 8: The tariffs versus inflation, because that's a bald faced lie. 216 00:11:52,120 --> 00:11:55,240 Speaker 8: In the Federal Reserve of San Francisco is proving that 217 00:11:55,360 --> 00:11:58,800 Speaker 8: also Atlanta, Remember the Atlanta Fed is the one that 218 00:11:58,840 --> 00:12:03,160 Speaker 8: really tastes care of our leads and doing macroeconomic analysis 219 00:12:03,160 --> 00:12:08,480 Speaker 8: about GDP growth, they're saying, post kind of any inflationary move, 220 00:12:08,520 --> 00:12:10,480 Speaker 8: it's three and a half percent. That's the type of 221 00:12:10,559 --> 00:12:12,120 Speaker 8: numbers I've said, you got to get to three and 222 00:12:12,160 --> 00:12:13,160 Speaker 8: a half, maybe even four. 223 00:12:13,000 --> 00:12:16,840 Speaker 4: Percent to outrun the deficits. Those are huge numbers. 224 00:12:16,880 --> 00:12:20,400 Speaker 8: As President Trump just said right there, those are government numbers. 225 00:12:20,400 --> 00:12:22,520 Speaker 8: That's FED numbers. Those are not Trump numbers. They say, No, 226 00:12:22,600 --> 00:12:25,640 Speaker 8: Trump's just making things up. Hit it again quickly, because 227 00:12:25,640 --> 00:12:28,160 Speaker 8: I want the audience to understand that the serious people 228 00:12:28,679 --> 00:12:32,320 Speaker 8: that look at this are actually not praising Trump's economic 229 00:12:32,320 --> 00:12:33,760 Speaker 8: policy because they would never do that. 230 00:12:34,080 --> 00:12:35,040 Speaker 4: But they're putting out. 231 00:12:34,920 --> 00:12:38,760 Speaker 8: A set of math that praises President Trump's economic policies. 232 00:12:40,720 --> 00:12:45,320 Speaker 2: Yeah, no, that's absolutely the Atlanta Fed. Now it doesn't 233 00:12:45,360 --> 00:12:48,520 Speaker 2: do you know, twenty twenty six forecasts, but it says 234 00:12:48,559 --> 00:12:50,920 Speaker 2: third quarter of twenty twenty five three and a half 235 00:12:50,920 --> 00:12:54,800 Speaker 2: percent GDP growth. I've been putting up charts right for 236 00:12:54,920 --> 00:12:58,280 Speaker 2: years on this show. We got productivity problem going down 237 00:12:58,360 --> 00:13:01,959 Speaker 2: seventy years in a row. CBO has US productivity at 238 00:13:02,000 --> 00:13:05,520 Speaker 2: two percent one point seven percent for the next thirty years. 239 00:13:06,120 --> 00:13:11,720 Speaker 2: And in the midst of that, you know, stagflation, stagnant economy. 240 00:13:11,760 --> 00:13:14,680 Speaker 2: Trump is able to pull off a rising stock market 241 00:13:14,760 --> 00:13:18,040 Speaker 2: and three point five percent GDP growth in the face 242 00:13:18,120 --> 00:13:22,240 Speaker 2: of Biden inflation. And if I was Trump, I would 243 00:13:22,280 --> 00:13:23,160 Speaker 2: not let go of that. 244 00:13:23,240 --> 00:13:23,400 Speaker 4: Right. 245 00:13:23,400 --> 00:13:25,080 Speaker 2: It takes. There's a year and a half flag on 246 00:13:25,160 --> 00:13:28,199 Speaker 2: monetary policy, at least a year lag on fiscal policy. 247 00:13:28,520 --> 00:13:31,079 Speaker 2: So every economist, if they're telling you the truth, will say, 248 00:13:31,080 --> 00:13:34,400 Speaker 2: we're still squarely in Biden's economy. Trump's doing all the 249 00:13:34,440 --> 00:13:35,920 Speaker 2: right things to pull us out. It's going to take 250 00:13:35,920 --> 00:13:38,840 Speaker 2: a year or two. But he ought to be congratulated 251 00:13:38,880 --> 00:13:41,160 Speaker 2: and the rest of the party better follow his leader. 252 00:13:41,160 --> 00:13:42,960 Speaker 2: We're going to be in deep trouble coming up soon. 253 00:13:43,720 --> 00:13:46,080 Speaker 8: But it's not that's to be congression because they're never 254 00:13:46,160 --> 00:13:50,760 Speaker 8: going to congratulate. It's Trump Trump to arrangement syndrome. What 255 00:13:50,840 --> 00:13:56,120 Speaker 8: we have to do because the MAGA movement is very 256 00:13:56,200 --> 00:13:59,199 Speaker 8: sophisticated when it comes to the economics of this right, 257 00:13:59,320 --> 00:14:01,760 Speaker 8: and they understand, and he's turning around an aircraft carrier. 258 00:14:03,080 --> 00:14:07,000 Speaker 8: We have to pound this wash rints, repeat, and do 259 00:14:07,160 --> 00:14:10,079 Speaker 8: not fall into the trap. Everybody says, oh, you just 260 00:14:10,120 --> 00:14:12,760 Speaker 8: got to talk about affordability. Yet you must address it 261 00:14:12,800 --> 00:14:15,040 Speaker 8: and the actions you're taking, what you were handed, the 262 00:14:15,240 --> 00:14:18,520 Speaker 8: specific actions you're taking to alleviate that. 263 00:14:19,400 --> 00:14:21,560 Speaker 4: But you got to focus on the main thing. The 264 00:14:21,600 --> 00:14:22,760 Speaker 4: main thing is growth. 265 00:14:23,200 --> 00:14:25,760 Speaker 8: The main thing is growth in jobs and particularly high 266 00:14:25,800 --> 00:14:29,880 Speaker 8: value added jobs, also wages, an increase in wages. 267 00:14:30,240 --> 00:14:32,320 Speaker 4: Remember the golden age of Trump. 268 00:14:32,400 --> 00:14:35,040 Speaker 8: The first time was the fall in Christmas season of 269 00:14:35,080 --> 00:14:38,160 Speaker 8: twenty nineteen when it all came together and all clicked. 270 00:14:38,640 --> 00:14:41,280 Speaker 8: And you know who understood that, the Chinese Commanist Party. 271 00:14:41,400 --> 00:14:47,720 Speaker 8: That's why they let a pandemic bioweapon bomb hiss to 272 00:14:47,800 --> 00:14:49,400 Speaker 8: try to chop block President Trump. 273 00:14:49,480 --> 00:14:50,920 Speaker 4: Short commercial break. 274 00:14:52,360 --> 00:14:52,640 Speaker 2: Man. 275 00:14:52,920 --> 00:14:56,480 Speaker 4: A lot going on today in the world. Stick around in. 276 00:14:56,720 --> 00:15:01,440 Speaker 2: America, kill America's voice. Family. 277 00:15:01,480 --> 00:15:02,760 Speaker 4: Are you on Getter yet? 278 00:15:02,920 --> 00:15:04,320 Speaker 2: No? What are you waiting for? 279 00:15:04,600 --> 00:15:07,560 Speaker 1: It's free, it's uncentered, and it's where all the biggest 280 00:15:07,640 --> 00:15:09,960 Speaker 1: voices in conservative media are speaking out. 281 00:15:11,000 --> 00:15:13,280 Speaker 4: Download the Getter app right now. It's totally free. 282 00:15:13,320 --> 00:15:16,080 Speaker 8: It's where I've put up exclusively all of my content 283 00:15:16,240 --> 00:15:17,120 Speaker 8: twenty four hours a day. 284 00:15:17,120 --> 00:15:19,440 Speaker 4: You want to know what Steve Banner is thinking. Go together. 285 00:15:19,680 --> 00:15:20,120 Speaker 2: That's right. 286 00:15:20,360 --> 00:15:23,760 Speaker 6: You can follow all of your favorite Steve Banner, Charlie Project, 287 00:15:23,840 --> 00:15:25,840 Speaker 6: the Soviet and so many more. 288 00:15:25,960 --> 00:15:28,200 Speaker 2: Download the Getter app now, sign up for free and 289 00:15:28,280 --> 00:15:29,480 Speaker 2: be part of the new pap. 290 00:15:32,080 --> 00:15:34,800 Speaker 8: Dave Brant, Joe Allen's joined us also WHI jumps to 291 00:15:34,840 --> 00:15:37,760 Speaker 8: join a second. Both of them are in the Command 292 00:15:38,200 --> 00:15:42,520 Speaker 8: the Command module, Brad, I want to continue with you today. 293 00:15:42,720 --> 00:15:45,680 Speaker 8: The Fed of course, talking about the last of the 294 00:15:45,760 --> 00:15:48,480 Speaker 8: rate cuts and his forecast for next year. 295 00:15:48,520 --> 00:15:51,720 Speaker 4: What's going to happen? I think, give me a minute. 296 00:15:51,720 --> 00:15:54,520 Speaker 8: Our bigger complaint is that the Fed we have said 297 00:15:54,560 --> 00:15:57,680 Speaker 8: now for the last couple of years. It's the calculation 298 00:15:58,640 --> 00:16:01,560 Speaker 8: really of how we say that interest rates. And I 299 00:16:01,560 --> 00:16:03,640 Speaker 8: think this is why President Trumpert first, who was too 300 00:16:03,680 --> 00:16:07,240 Speaker 8: late Pal the next FED chair, I think the first thing. 301 00:16:07,360 --> 00:16:11,240 Speaker 8: And Scott Besson has got that magnificent series and I'll 302 00:16:11,240 --> 00:16:13,160 Speaker 8: put it back up later today on ghet or se. 303 00:16:13,160 --> 00:16:15,520 Speaker 8: You can read it in the Wall Street Journal and 304 00:16:15,560 --> 00:16:20,120 Speaker 8: the I think there was the International UH Journal of finance, 305 00:16:20,520 --> 00:16:22,720 Speaker 8: where he goes to a detail of how really the 306 00:16:22,760 --> 00:16:24,480 Speaker 8: FEDS become part of the deep state, kind of the 307 00:16:24,560 --> 00:16:27,600 Speaker 8: Liz Trust pitch about the bake of England and that 308 00:16:27,600 --> 00:16:30,280 Speaker 8: they don't take care there and they're trying to do 309 00:16:30,360 --> 00:16:34,080 Speaker 8: so much. Most of it woke, Most of it related 310 00:16:34,080 --> 00:16:36,760 Speaker 8: to DEI or globalism, and not take care of business, 311 00:16:37,240 --> 00:16:40,040 Speaker 8: which is about the currency. 312 00:16:39,720 --> 00:16:42,080 Speaker 4: And about and about employment. 313 00:16:41,640 --> 00:16:44,560 Speaker 8: And maybe and maybe having a dual mandate is is 314 00:16:44,560 --> 00:16:47,320 Speaker 8: not a thing I recommend they don't focus on employment. 315 00:16:47,360 --> 00:16:51,280 Speaker 8: They should focus on just the currency itself, of which 316 00:16:51,360 --> 00:16:53,520 Speaker 8: I think they do a terrible job. It's one of 317 00:16:53,560 --> 00:16:56,720 Speaker 8: the reasons Gold is on fire right And you can 318 00:16:56,760 --> 00:16:58,360 Speaker 8: do that by going and talking to the folks at 319 00:16:58,400 --> 00:17:01,280 Speaker 8: Birtch Gold, Philipatry of the team, your thoughts and interest rates. 320 00:17:01,320 --> 00:17:05,639 Speaker 8: But also back to the centerpiece what President Trump has 321 00:17:05,640 --> 00:17:07,639 Speaker 8: tried to do, and we need to say this over 322 00:17:07,840 --> 00:17:10,800 Speaker 8: and over and over again. We made two huge bets, 323 00:17:11,560 --> 00:17:14,400 Speaker 8: bets about the United States of America and the United 324 00:17:14,440 --> 00:17:17,200 Speaker 8: States of America is in an industrial power and not 325 00:17:17,280 --> 00:17:19,320 Speaker 8: just nationalism, but what's in the best interests of the 326 00:17:19,320 --> 00:17:20,080 Speaker 8: American people. 327 00:17:20,520 --> 00:17:23,040 Speaker 4: And this is about us returning to. 328 00:17:22,920 --> 00:17:27,560 Speaker 8: Be a manufacturing superpower with high value added manufacturing jobs. 329 00:17:27,600 --> 00:17:30,520 Speaker 8: We're not China, but the United States is the centerpiece 330 00:17:30,560 --> 00:17:32,560 Speaker 8: of this because our elites sold us out over a 331 00:17:32,560 --> 00:17:36,080 Speaker 8: thirty year period to ship everything to China. And Joe 332 00:17:36,119 --> 00:17:37,520 Speaker 8: Allen's going to join us, and we're going to talk 333 00:17:37,520 --> 00:17:41,080 Speaker 8: today about chips and AI and the whole fight there. 334 00:17:41,440 --> 00:17:42,960 Speaker 8: What it looks like our elites are trying to do 335 00:17:43,000 --> 00:17:45,040 Speaker 8: it again for the second time, to shift to basically 336 00:17:45,080 --> 00:17:48,720 Speaker 8: give China the tools to defeat us. President Trump's two 337 00:17:48,720 --> 00:17:51,639 Speaker 8: bets are the Big Beautiful Bill, the supply side tax 338 00:17:51,720 --> 00:17:57,320 Speaker 8: cut is about giving some incentives to capital to invest 339 00:17:57,400 --> 00:18:00,320 Speaker 8: in a massive way here in plant and equipment. The 340 00:18:00,320 --> 00:18:03,520 Speaker 8: whole redoing of the commercial relationships of the world, which 341 00:18:03,600 --> 00:18:05,439 Speaker 8: folks are only in the first six months of this. 342 00:18:05,880 --> 00:18:08,399 Speaker 8: These trade deals alone with Japan and Korea in the 343 00:18:08,440 --> 00:18:10,399 Speaker 8: past took three to five years to do and go 344 00:18:10,520 --> 00:18:13,199 Speaker 8: on and on and on. President Trump is trying to 345 00:18:13,240 --> 00:18:17,720 Speaker 8: quick march that to change the commercial relationships, to incentivize 346 00:18:18,640 --> 00:18:22,440 Speaker 8: the foreign manufacturers to relocate relocate here to the United 347 00:18:22,440 --> 00:18:25,600 Speaker 8: States of America. Now, I am one that's not exactly 348 00:18:26,040 --> 00:18:29,119 Speaker 8: ever super happy about foreign capital come to the United States. 349 00:18:29,119 --> 00:18:30,679 Speaker 4: Because I think it brings too much control. 350 00:18:30,720 --> 00:18:34,320 Speaker 8: However, in the current economic system we have, you know, 351 00:18:34,600 --> 00:18:37,199 Speaker 8: if they're going to bring their manufacturing back, they're going 352 00:18:37,240 --> 00:18:38,680 Speaker 8: to bring their they're going to you know. 353 00:18:38,680 --> 00:18:40,920 Speaker 4: Lead with their capital to do it. So we will 354 00:18:40,920 --> 00:18:41,679 Speaker 4: have to work through that. 355 00:18:41,760 --> 00:18:45,200 Speaker 8: But that is a high class problem, Dave brad your 356 00:18:45,320 --> 00:18:47,240 Speaker 8: sense of where it's going. And you could tell last 357 00:18:47,320 --> 00:18:50,399 Speaker 8: night from the audience reaction. The audience wants to hear 358 00:18:50,440 --> 00:18:52,520 Speaker 8: President Trump address these things. They love it when he 359 00:18:52,560 --> 00:18:55,880 Speaker 8: starts talking about this. I mean he and it was perfect. 360 00:18:56,000 --> 00:18:58,919 Speaker 8: Alexander Create the people Susie Wilds and the people at 361 00:18:58,920 --> 00:19:00,960 Speaker 8: the White House to pick screen for the first one, 362 00:19:01,400 --> 00:19:04,560 Speaker 8: I think was absolutely a brilliant Your thoughts, sir. 363 00:19:06,080 --> 00:19:10,520 Speaker 2: Yeah, Well, Scott Bessen is doing herculean work. His best 364 00:19:10,560 --> 00:19:14,240 Speaker 2: phrase year ago was, you know, Wall Street has had 365 00:19:14,280 --> 00:19:17,280 Speaker 2: its turn. Now it's time for Main Street. We have 366 00:19:17,440 --> 00:19:19,840 Speaker 2: to make that happen real quick. So the last thirty 367 00:19:19,920 --> 00:19:23,160 Speaker 2: years of federal reserve policy with the Greenspan Put has 368 00:19:23,200 --> 00:19:25,200 Speaker 2: always favored Wall Street and the rich and they can 369 00:19:25,240 --> 00:19:28,359 Speaker 2: time things and the federal reserve system. I hope someone 370 00:19:28,440 --> 00:19:31,680 Speaker 2: is cleaning that out because they're part of the problem, 371 00:19:31,800 --> 00:19:35,800 Speaker 2: right it goes without saying twenty one percent inflation because 372 00:19:35,840 --> 00:19:40,280 Speaker 2: they validated two trillion dollars spending deficits from the government. 373 00:19:40,600 --> 00:19:43,639 Speaker 2: They validated that. They said, okay, right, we're going to 374 00:19:43,680 --> 00:19:45,960 Speaker 2: print you enough money so you guys can put the 375 00:19:46,040 --> 00:19:48,520 Speaker 2: United States out of business. The only thing that gets 376 00:19:48,560 --> 00:19:51,160 Speaker 2: me nervous about the Fed now and Treasury is it's 377 00:19:51,200 --> 00:19:54,040 Speaker 2: getting so complex now no one can understand it. 378 00:19:54,119 --> 00:19:54,199 Speaker 6: Right. 379 00:19:54,280 --> 00:19:58,000 Speaker 2: I did a PhD in economics, studied monetary policy. Some 380 00:19:58,920 --> 00:20:02,359 Speaker 2: not an expert in terry, but I can't follow some 381 00:20:02,400 --> 00:20:06,080 Speaker 2: of this breaking news right on the new monetary innovations 382 00:20:06,080 --> 00:20:09,120 Speaker 2: and what's going on. We need to simplify, Milton Friedman, 383 00:20:09,160 --> 00:20:12,119 Speaker 2: if you want to help the average person, the average 384 00:20:12,119 --> 00:20:16,159 Speaker 2: person doesn't know yet. And you know, as a Calvinist, 385 00:20:16,440 --> 00:20:18,320 Speaker 2: you know, we're not known for our feelings. But when 386 00:20:18,359 --> 00:20:23,280 Speaker 2: I get really ticked off inside, when I know what happened, well, 387 00:20:23,280 --> 00:20:24,919 Speaker 2: we just did to the middle class, right, and the 388 00:20:24,920 --> 00:20:27,160 Speaker 2: working class who's working for ten bucks an hour, twenty 389 00:20:27,160 --> 00:20:30,640 Speaker 2: bucks an hour, they don't know they're twenty one percent inflation. 390 00:20:31,000 --> 00:20:34,199 Speaker 2: The purchasing power of their entire retirement account if they 391 00:20:34,200 --> 00:20:37,440 Speaker 2: have one of their lifetime savings just went down by 392 00:20:37,440 --> 00:20:40,600 Speaker 2: twenty one percent in four years. They don't know that. 393 00:20:40,640 --> 00:20:42,600 Speaker 2: They think it's just like the grocery basket where you 394 00:20:42,640 --> 00:20:45,240 Speaker 2: have the supermarket food prices are a little high. No, 395 00:20:45,560 --> 00:20:48,879 Speaker 2: it's way worse than that. And so you know, Milton Friedman, 396 00:20:48,960 --> 00:20:51,720 Speaker 2: it is pretty simple. Print M two goes up the 397 00:20:51,760 --> 00:20:55,000 Speaker 2: same percentage rate as GDP goes up. Right there, you go, 398 00:20:55,080 --> 00:20:58,600 Speaker 2: that's enough money to accommodate the growth and the real economy. 399 00:20:58,640 --> 00:21:01,960 Speaker 2: And that's it. Quinn doing all hiring all these economists 400 00:21:01,960 --> 00:21:04,359 Speaker 2: who are all woke and they're studying everything out of 401 00:21:04,359 --> 00:21:08,440 Speaker 2: the sun except for median the average person's wages. They're 402 00:21:08,440 --> 00:21:10,720 Speaker 2: not doing anything there. They're just doing all woke politics 403 00:21:10,760 --> 00:21:11,280 Speaker 2: on the left. 404 00:21:13,240 --> 00:21:15,520 Speaker 8: The other thing that President Trump is doing also, and 405 00:21:15,560 --> 00:21:20,040 Speaker 8: he hammered last night, is immigration. And this is all immigration. 406 00:21:20,119 --> 00:21:22,879 Speaker 8: I mean essentially Acxios has a piece up. Please go 407 00:21:22,880 --> 00:21:24,359 Speaker 8: to get her. This where I put my stuff up 408 00:21:24,480 --> 00:21:27,159 Speaker 8: is that Axios is a very smart piece today that 409 00:21:27,280 --> 00:21:30,920 Speaker 8: says essentially President Trump really from the shooting and hey, 410 00:21:30,960 --> 00:21:35,760 Speaker 8: maybe it should have started day one, is absentially stopping 411 00:21:36,240 --> 00:21:39,320 Speaker 8: kind of all immigration right now. And we recommend this 412 00:21:39,359 --> 00:21:42,040 Speaker 8: if you want wages to pop it's not just the 413 00:21:42,240 --> 00:21:44,800 Speaker 8: H one B scam, which has to be eliminated. We 414 00:21:44,880 --> 00:21:48,159 Speaker 8: need to stop bringing in the world to compete with 415 00:21:48,359 --> 00:21:50,199 Speaker 8: workers in the United States. And don't sit there and 416 00:21:50,200 --> 00:21:52,200 Speaker 8: tell me, oh, they're better they have more entreprenurial drive. 417 00:21:52,280 --> 00:21:55,159 Speaker 8: The people in the United States of America have plenty 418 00:21:55,160 --> 00:21:58,440 Speaker 8: of entrepreneurial drive, they just need a shot to execute. 419 00:21:58,600 --> 00:22:01,440 Speaker 8: And so stopping immigrations a huge part of this. You 420 00:22:01,480 --> 00:22:04,680 Speaker 8: can see already with wages of working class people. Stopping 421 00:22:04,720 --> 00:22:08,280 Speaker 8: the illegal alien immigration, which was what Wall Street wanted, 422 00:22:08,320 --> 00:22:11,440 Speaker 8: the reason they backed Biden. They wanted to drive wages 423 00:22:11,480 --> 00:22:16,360 Speaker 8: down among the working class, particularly Hispanic Americans and African Americans, right, 424 00:22:16,400 --> 00:22:17,639 Speaker 8: and so one point stop that. 425 00:22:18,160 --> 00:22:18,840 Speaker 4: They stopped that. 426 00:22:19,520 --> 00:22:23,080 Speaker 8: Over two million have self deported because they understand the 427 00:22:23,119 --> 00:22:25,399 Speaker 8: rules of the games of change. Now you need to 428 00:22:25,440 --> 00:22:28,000 Speaker 8: get into what I call the legal immigration, which. 429 00:22:27,840 --> 00:22:30,440 Speaker 4: Is also all a scam. You got green curves, The 430 00:22:30,440 --> 00:22:31,280 Speaker 4: whole thing is a scam. 431 00:22:31,320 --> 00:22:34,480 Speaker 8: You're going to have to take a half a decade 432 00:22:34,480 --> 00:22:37,159 Speaker 8: at least to think all this through and see how 433 00:22:37,200 --> 00:22:42,320 Speaker 8: it benefits the American citizen while it's benefiting the country 434 00:22:42,560 --> 00:22:43,080 Speaker 8: they bred. 435 00:22:43,480 --> 00:22:46,160 Speaker 2: And yeah, at one point on that well, you immigrant, 436 00:22:46,320 --> 00:22:49,000 Speaker 2: it's hard to keep up with all the corruption. Right. 437 00:22:49,119 --> 00:22:52,560 Speaker 2: The Federal Reserve has hundreds and hundreds of economists, really 438 00:22:52,600 --> 00:22:57,160 Speaker 2: smart people, right, University of Chicago, Harvard, all the top brains. 439 00:22:57,880 --> 00:23:00,120 Speaker 2: But the brains don't have courage and they don't have 440 00:23:00,119 --> 00:23:04,919 Speaker 2: any moral convictions. And economics is supposed to maximize human happiness? 441 00:23:04,960 --> 00:23:08,199 Speaker 2: How's that going? The guys that study economics, they just 442 00:23:08,200 --> 00:23:12,320 Speaker 2: take all those initial assumptions and ignore the basic point. 443 00:23:12,640 --> 00:23:16,000 Speaker 2: They're supposed to be maximizing human happiness. So when you 444 00:23:16,040 --> 00:23:21,399 Speaker 2: have twenty million illegal immigration immigrants, a border invasion, and 445 00:23:21,520 --> 00:23:24,879 Speaker 2: no Federal Reserve economists has studied that phenomenon, Hey, guys, 446 00:23:24,920 --> 00:23:29,159 Speaker 2: you think that might affect the economy? I mean the 447 00:23:29,280 --> 00:23:32,880 Speaker 2: US government? Right, all of the budget committees. Have any 448 00:23:32,880 --> 00:23:36,680 Speaker 2: of the economists covered the damage done to the American worker? No, 449 00:23:37,080 --> 00:23:40,840 Speaker 2: because that's run by the Speaker's office in the Leadership office, 450 00:23:41,000 --> 00:23:45,959 Speaker 2: and the donors control those offices. So the three mega 451 00:23:46,000 --> 00:23:49,240 Speaker 2: issues that we've been on, right, the economy, the border invasion. 452 00:23:49,880 --> 00:23:54,400 Speaker 2: The past two wars were seventeen trillion dollars. Any economic 453 00:23:54,520 --> 00:23:57,440 Speaker 2: articles on the opportunity cost? Right, that's the first term 454 00:23:57,480 --> 00:24:00,600 Speaker 2: you learn in an intro book of that of that 455 00:24:00,840 --> 00:24:04,800 Speaker 2: seventeen trillion, and we have a seven trillion dollar government 456 00:24:05,760 --> 00:24:09,840 Speaker 2: budget right now, Hey, economists out there, what is the 457 00:24:09,880 --> 00:24:13,760 Speaker 2: productivity on government spending? Just I haven't seen it lately, right, 458 00:24:13,800 --> 00:24:18,040 Speaker 2: what's the productivity if GDP growth is too what's the 459 00:24:18,080 --> 00:24:21,960 Speaker 2: productivity on a seven trillion dollars in government spending? Haven't 460 00:24:21,960 --> 00:24:24,359 Speaker 2: seen a study on that, guys, Because if the American 461 00:24:24,400 --> 00:24:27,359 Speaker 2: people found out what that number was, you know, and 462 00:24:27,640 --> 00:24:31,440 Speaker 2: it's not Republican Democrat, we're spending like drunken salors too. 463 00:24:31,920 --> 00:24:34,360 Speaker 2: And so we got to get our heads on straight here. 464 00:24:34,440 --> 00:24:37,560 Speaker 2: This is a total waste of money. We're stealing from 465 00:24:37,560 --> 00:24:39,960 Speaker 2: the next generation of kids. I was with kids yesterday 466 00:24:39,960 --> 00:24:42,760 Speaker 2: in the White House working on education and mah and 467 00:24:42,800 --> 00:24:46,119 Speaker 2: all that stuff. And if you love the kids, you 468 00:24:46,160 --> 00:24:48,920 Speaker 2: better get this spending and economy going for them. That's 469 00:24:48,960 --> 00:24:49,840 Speaker 2: the only hope they have. 470 00:24:50,400 --> 00:24:53,080 Speaker 8: Give me quick, We're going to come back from a 471 00:24:53,160 --> 00:24:55,520 Speaker 8: break in a few minutes. We're going to have Chris maguire, 472 00:24:56,119 --> 00:25:00,560 Speaker 8: an expert on chips on over THEO accounts, good on 473 00:25:00,720 --> 00:25:03,960 Speaker 8: foreign relations, join us with Joe Allen. I want to 474 00:25:04,000 --> 00:25:06,080 Speaker 8: go to Georgia real quickly. Everybody's making a big deal 475 00:25:07,480 --> 00:25:10,640 Speaker 8: about Miami. I thought the invasion, I thought Marco's invasion 476 00:25:10,640 --> 00:25:12,840 Speaker 8: of Venezuela is supposed to take her care of us there. 477 00:25:12,880 --> 00:25:14,920 Speaker 8: But let's put a pin into that. Enough people yelling 478 00:25:14,960 --> 00:25:18,560 Speaker 8: about that. Although very low turnout in Georgia. Now, this 479 00:25:18,680 --> 00:25:21,200 Speaker 8: is a House of Delegates or House of Representative seat, 480 00:25:21,280 --> 00:25:24,160 Speaker 8: not not for Congress but for the Georgia General Assembly. 481 00:25:24,320 --> 00:25:25,600 Speaker 4: But it is a Trump district. 482 00:25:25,960 --> 00:25:29,400 Speaker 8: And once again I think it to me, it reinforces 483 00:25:29,480 --> 00:25:32,240 Speaker 8: what happened in New Jersey, in the governor's race and 484 00:25:32,280 --> 00:25:35,760 Speaker 8: in the Commonwealth of Virginia. If you run these basic 485 00:25:35,840 --> 00:25:40,359 Speaker 8: rhinos or even conservative inc Republicans with no energy and 486 00:25:40,400 --> 00:25:43,520 Speaker 8: their whole program is just tax gots and size of government, 487 00:25:44,200 --> 00:25:45,800 Speaker 8: that you've got to do more than that. And this 488 00:25:45,880 --> 00:25:49,239 Speaker 8: guy got beaten last night on something that was a 489 00:25:49,280 --> 00:25:51,600 Speaker 8: shocker to people. But you've got give me thirty seconds. 490 00:25:51,600 --> 00:25:53,440 Speaker 8: You've got some inside information on. 491 00:25:53,400 --> 00:25:56,639 Speaker 2: This, Yeah, yeah, yeah. One of my good buddies, African 492 00:25:56,680 --> 00:26:00,000 Speaker 2: American small business pastor, it is just so fed up 493 00:26:00,040 --> 00:26:02,359 Speaker 2: up with the Republicans. They're in the brawl in house 494 00:26:02,400 --> 00:26:06,000 Speaker 2: brawls there between the squishes and the Rhinos and the Patriots. 495 00:26:06,400 --> 00:26:09,000 Speaker 2: There's no energy in the Republican Party, just like in Virginia. 496 00:26:09,080 --> 00:26:12,919 Speaker 2: It's just totally broken, no energy. As a candidate at 497 00:26:12,920 --> 00:26:17,720 Speaker 2: the smaller seats, you're fighting the mainstream media, so same predicament, 498 00:26:17,840 --> 00:26:20,640 Speaker 2: and you can't rely on Trump. I heard new Gingrich 499 00:26:20,720 --> 00:26:23,440 Speaker 2: might be coming in with some ideas and maybe he 500 00:26:23,480 --> 00:26:26,040 Speaker 2: can help fix Georgia. He did some great work with 501 00:26:26,080 --> 00:26:28,120 Speaker 2: a contract. It seems to me we need a new 502 00:26:28,160 --> 00:26:29,160 Speaker 2: contract with America. 503 00:26:30,040 --> 00:26:33,399 Speaker 8: Oh man, we'll talk about that. Everybody looks at that 504 00:26:33,440 --> 00:26:36,800 Speaker 8: as a panacea. But Dave Bratt, you're directionally Okay, short 505 00:26:36,800 --> 00:26:40,520 Speaker 8: commercial break, Birch goal, take your phone out. Text Ben 506 00:26:40,560 --> 00:26:44,440 Speaker 8: and b A N N O N N nine eight 507 00:26:44,480 --> 00:26:47,480 Speaker 8: The Ultimate Guide, totally free, no commitment. You get to 508 00:26:47,520 --> 00:26:51,800 Speaker 8: meet Philipatrickan's team. They talked to you about gold and silver. 509 00:26:51,960 --> 00:26:57,520 Speaker 8: Silver at an all time high. Find out why patterned recognition. 510 00:27:00,680 --> 00:27:02,800 Speaker 2: Use your host. Stephen came back. 511 00:27:05,040 --> 00:27:07,520 Speaker 8: Okay, Brat, we're gonna talk more about the race cut 512 00:27:08,000 --> 00:27:10,320 Speaker 8: that should come to SA afternoon, what it means in 513 00:27:10,320 --> 00:27:12,960 Speaker 8: a little while. Joe Allen back from your travels. Joe, 514 00:27:13,160 --> 00:27:17,040 Speaker 8: you've been working NonStop. Of course, the the AI amnesty 515 00:27:17,160 --> 00:27:21,800 Speaker 8: got pulled from the second. This is embarrassing. This is 516 00:27:21,840 --> 00:27:23,800 Speaker 8: why the president's being poorly advised. 517 00:27:24,320 --> 00:27:24,679 Speaker 4: Saxon. 518 00:27:24,720 --> 00:27:26,920 Speaker 8: These guys tried to jam it in again to the NDAA. 519 00:27:27,000 --> 00:27:30,720 Speaker 8: Of course, the audience and Article three and grace with 520 00:27:30,800 --> 00:27:32,920 Speaker 8: Bill Blast. Everybody got up on the ramparts and got 521 00:27:32,920 --> 00:27:35,160 Speaker 8: that pulled. And now they're working on an EO. 522 00:27:35,400 --> 00:27:35,960 Speaker 4: We're gonna have. 523 00:27:36,119 --> 00:27:37,960 Speaker 8: We'll talk more about the EO later. But what's the 524 00:27:38,000 --> 00:27:40,480 Speaker 8: sense you've been going around now? Given more of your talks, 525 00:27:40,960 --> 00:27:42,280 Speaker 8: give me a sense of things, sir. 526 00:27:44,280 --> 00:27:47,880 Speaker 5: Yes, Steve, Among the public, I don't know anyone who 527 00:27:48,160 --> 00:27:53,080 Speaker 5: is for the federal preemption. I know a few experts 528 00:27:53,119 --> 00:27:56,560 Speaker 5: and accelerationists who do, But the public want to keep 529 00:27:56,640 --> 00:27:58,600 Speaker 5: the power in the States. 530 00:27:59,280 --> 00:27:59,439 Speaker 2: You know. 531 00:27:59,480 --> 00:28:02,399 Speaker 5: I just got back from San Francisco, and I was 532 00:28:02,440 --> 00:28:07,520 Speaker 5: meeting with mainly transhumanists and you might say former transhumanist 533 00:28:07,640 --> 00:28:14,320 Speaker 5: turned doomers. The cultural landscape is astounding. I attended a 534 00:28:14,400 --> 00:28:19,200 Speaker 5: Forestite Institute conference in an old Christian science church what's 535 00:28:19,200 --> 00:28:21,919 Speaker 5: now the Internet Archive, And as we all sat in 536 00:28:22,000 --> 00:28:26,520 Speaker 5: pews listen to lectures on how gene editing will lead 537 00:28:26,600 --> 00:28:30,640 Speaker 5: to the curing of all disease and maybe immortality, how 538 00:28:30,680 --> 00:28:34,760 Speaker 5: the advancement of AI will both enhance and replace and 539 00:28:35,040 --> 00:28:38,240 Speaker 5: perhaps destroy all the human race, and of course all 540 00:28:38,320 --> 00:28:41,560 Speaker 5: the ways in which brain emulation will lead to the 541 00:28:41,600 --> 00:28:44,640 Speaker 5: possibility of uploading your brain so you can live forever 542 00:28:45,120 --> 00:28:50,080 Speaker 5: in a data center. So that's the short version of 543 00:28:50,360 --> 00:28:54,440 Speaker 5: I went into the viper's den, got bit or I'm 544 00:28:54,440 --> 00:28:55,760 Speaker 5: trying to shake off the venom. 545 00:28:56,880 --> 00:28:59,040 Speaker 8: We would love to say, we would love to say 546 00:28:59,040 --> 00:29:01,280 Speaker 8: that this is science for but it's not, folks. As 547 00:29:01,520 --> 00:29:03,480 Speaker 8: this is why we brought Joe over years ago and 548 00:29:03,560 --> 00:29:05,040 Speaker 8: what the book dark An is about. 549 00:29:05,440 --> 00:29:06,880 Speaker 4: Joe just hanging with me for a second. I want 550 00:29:06,880 --> 00:29:07,880 Speaker 4: to bring in Chris Maguire. 551 00:29:07,920 --> 00:29:10,320 Speaker 8: Chris is over the Council Front Relations for a member 552 00:29:10,360 --> 00:29:13,920 Speaker 8: of the National Security Council, an expert on chips and 553 00:29:13,960 --> 00:29:17,480 Speaker 8: technology in the CCP, and I wanted him to kind 554 00:29:17,480 --> 00:29:19,640 Speaker 8: of give us some details. Today we've heard the strategic 555 00:29:19,760 --> 00:29:22,400 Speaker 8: side of it, and the reason is at our beloved 556 00:29:22,480 --> 00:29:25,760 Speaker 8: Murdoch Wall Street Journal, Trump's shift on the video chips 557 00:29:25,800 --> 00:29:30,640 Speaker 8: bolsters China's AI ambitions and it's a pretty brutal article 558 00:29:30,800 --> 00:29:33,640 Speaker 8: about what has been done. Chris, I make the argument 559 00:29:33,720 --> 00:29:36,000 Speaker 8: that the president to a large extent is just hearing. 560 00:29:36,000 --> 00:29:38,680 Speaker 8: When he hears about China technology, he's just hearing one 561 00:29:38,760 --> 00:29:41,200 Speaker 8: side of it because he's got all these guys in 562 00:29:41,240 --> 00:29:44,720 Speaker 8: Silicon Valley, all the oligarchs, and they always pitch and 563 00:29:45,000 --> 00:29:47,200 Speaker 8: it just this doesn't make sense if we're if we're 564 00:29:47,240 --> 00:29:49,680 Speaker 8: at an inflection point and were having a Sputnik moment 565 00:29:50,040 --> 00:29:53,240 Speaker 8: and we can't have any controls over the frontier labs. 566 00:29:53,280 --> 00:29:55,720 Speaker 8: In fact, we have to turn over the weapons, lambs 567 00:29:55,760 --> 00:29:59,720 Speaker 8: and the national lamps to them to have them, you know, 568 00:30:00,000 --> 00:30:03,760 Speaker 8: work on AI uh, at their you know, at their direction, 569 00:30:03,960 --> 00:30:04,760 Speaker 8: with no controls. 570 00:30:04,760 --> 00:30:06,440 Speaker 4: Like I said, there's more controls on it. 571 00:30:06,480 --> 00:30:10,000 Speaker 8: You have more regulations about launching a nail salon on 572 00:30:10,080 --> 00:30:12,160 Speaker 8: Capitol Hill than you have on the frontier labs. 573 00:30:12,200 --> 00:30:14,440 Speaker 4: We have no worthy idea what they're doing. Uh. 574 00:30:14,480 --> 00:30:16,280 Speaker 8: And at the same time they say it's all about China. 575 00:30:16,320 --> 00:30:18,840 Speaker 8: You can't you have to do this because China, and 576 00:30:18,880 --> 00:30:21,680 Speaker 8: I do disagree with with some of my colleagues in 577 00:30:21,720 --> 00:30:25,560 Speaker 8: this preemption. If we had some sort of apparatus, like 578 00:30:25,600 --> 00:30:28,120 Speaker 8: the Atomic Energy Commission on Nuclear Weapons, that we had 579 00:30:28,160 --> 00:30:32,840 Speaker 8: some part of regulatory apparatus, I think federal rules actually 580 00:30:32,880 --> 00:30:33,720 Speaker 8: be more logical. 581 00:30:34,080 --> 00:30:36,400 Speaker 4: The states are doing this. The Santus is doing this. 582 00:30:36,520 --> 00:30:38,959 Speaker 8: Other states are doing this because there is nothing right 583 00:30:39,000 --> 00:30:41,720 Speaker 8: now and they're not prepared to have their citizens just 584 00:30:41,800 --> 00:30:46,680 Speaker 8: be at the at the whim of the of the accelerationist. Then, 585 00:30:46,760 --> 00:30:49,680 Speaker 8: on the other hand, we're now in a situation where 586 00:30:49,760 --> 00:30:52,040 Speaker 8: the Chinese Communist Party would be nowhere if we didn't 587 00:30:52,040 --> 00:30:57,040 Speaker 8: give them capital, equity, debt, the ecosystem, train them, educate them, 588 00:30:57,040 --> 00:31:01,760 Speaker 8: and most importantly give them them. There's milk of artificial intelligence, 589 00:31:01,840 --> 00:31:06,120 Speaker 8: which is these advanced chips which would come from American technology. 590 00:31:06,200 --> 00:31:09,000 Speaker 8: So can you walk us through what exactly has happened 591 00:31:09,000 --> 00:31:11,320 Speaker 8: over the last forty eight seventy two hours, Why is 592 00:31:11,360 --> 00:31:13,640 Speaker 8: this so big and what should this audience understand on 593 00:31:13,640 --> 00:31:14,920 Speaker 8: the technical side, sir. 594 00:31:16,600 --> 00:31:17,840 Speaker 7: Sure, thanks for having me, Steve. 595 00:31:17,920 --> 00:31:22,239 Speaker 9: So, yesterday or two days ago, President Trump announced that 596 00:31:22,320 --> 00:31:25,640 Speaker 9: the Nvidia H two hundred chip could be exported to China. 597 00:31:25,720 --> 00:31:28,360 Speaker 9: So this is not Vidia's most powerful chip, but it 598 00:31:28,400 --> 00:31:30,760 Speaker 9: is their second most powerful chip. It's the best chip 599 00:31:30,760 --> 00:31:33,920 Speaker 9: of the previous generation, and most importantly, it is substantially 600 00:31:33,960 --> 00:31:37,120 Speaker 9: better than anything available in China. It's six times better 601 00:31:37,160 --> 00:31:39,720 Speaker 9: than the best chip that is the best US chips 602 00:31:39,720 --> 00:31:42,120 Speaker 9: that's there now. It's better than any Chinese chip that 603 00:31:42,160 --> 00:31:44,360 Speaker 9: they're going to make for the next two years. And 604 00:31:44,480 --> 00:31:47,120 Speaker 9: up till this point, the US policy has been to 605 00:31:47,280 --> 00:31:52,080 Speaker 9: export control very very advanced AI chips to China, because 606 00:31:52,200 --> 00:31:55,800 Speaker 9: these chips are the most important thing for the development 607 00:31:55,840 --> 00:31:58,360 Speaker 9: of AI. You need very large numbers of them to 608 00:31:58,440 --> 00:32:02,440 Speaker 9: develop the developed and run the most sophisticated bottles, and 609 00:32:02,520 --> 00:32:06,200 Speaker 9: obviously the most sophisticated bottles are crucial to national security, 610 00:32:06,200 --> 00:32:09,240 Speaker 9: to economic prosperity. I mean, the entire US stock market 611 00:32:09,320 --> 00:32:12,400 Speaker 9: is basically being propped up by the spending on the 612 00:32:12,440 --> 00:32:16,520 Speaker 9: creation of data centers to run these chips, mostly for 613 00:32:16,560 --> 00:32:19,880 Speaker 9: AI inference, but also for training inferences the process of 614 00:32:19,960 --> 00:32:22,920 Speaker 9: running them models. So up until this point, the US 615 00:32:22,960 --> 00:32:25,520 Speaker 9: policy had been to maintain as large of a lead 616 00:32:25,560 --> 00:32:29,400 Speaker 9: as possible over China by number one, maximally slowing China 617 00:32:29,480 --> 00:32:33,200 Speaker 9: down and number two investing maximally at home. And the 618 00:32:33,280 --> 00:32:35,880 Speaker 9: only way the United States has to slow down China's 619 00:32:35,880 --> 00:32:39,920 Speaker 9: AI progress is export controls on AI chips. And fortunately 620 00:32:40,200 --> 00:32:43,680 Speaker 9: the United States is much much better than China is 621 00:32:43,800 --> 00:32:47,400 Speaker 9: at developing AI chips. It's actually across the entire rest 622 00:32:47,400 --> 00:32:49,400 Speaker 9: of the AI sack, it's more or less a wash 623 00:32:49,440 --> 00:32:49,680 Speaker 9: if not. 624 00:32:49,760 --> 00:32:52,000 Speaker 7: China's ahead. Their people are as good as ours. 625 00:32:52,400 --> 00:32:55,239 Speaker 9: They develop really good algorithms, they have access to as 626 00:32:55,320 --> 00:32:56,280 Speaker 9: much data, if not more. 627 00:32:56,320 --> 00:32:58,040 Speaker 7: They're really good at making electricity. 628 00:32:58,080 --> 00:33:00,640 Speaker 9: But the one thing that they really can't do nearly 629 00:33:00,680 --> 00:33:03,200 Speaker 9: as well as US is make chips. So therefore the 630 00:33:03,240 --> 00:33:06,200 Speaker 9: United States has leveraged US maximumly to our advantage and 631 00:33:06,320 --> 00:33:08,160 Speaker 9: said we're not going to let the most chips go 632 00:33:08,200 --> 00:33:11,360 Speaker 9: to China, and that has had an impact on AI capabilities. 633 00:33:11,400 --> 00:33:14,400 Speaker 9: It's why our labs are ahead of theirs. It's why 634 00:33:14,480 --> 00:33:17,400 Speaker 9: the best models come from US firms and not Chinese firms. 635 00:33:17,440 --> 00:33:20,720 Speaker 9: It's why data centers around the world are not from 636 00:33:21,000 --> 00:33:23,680 Speaker 9: Chinese companies, they're from US companies. The Chinese have this 637 00:33:23,880 --> 00:33:26,360 Speaker 9: Belton Road initiative around the world, but there is no 638 00:33:26,480 --> 00:33:30,440 Speaker 9: AI Belton Road. There is no there's no competitor to 639 00:33:30,520 --> 00:33:33,960 Speaker 9: Microsoft data centers, to Microsoft cloud providers. And that's great 640 00:33:34,000 --> 00:33:37,200 Speaker 9: for American business and it's great for American technology, and 641 00:33:37,240 --> 00:33:39,480 Speaker 9: it means that the world will use the AI the 642 00:33:39,600 --> 00:33:42,960 Speaker 9: USAI sack because the Chinese can't make it and can't 643 00:33:42,960 --> 00:33:47,680 Speaker 9: provide it. The administration changed this policy, and they said 644 00:33:47,760 --> 00:33:50,240 Speaker 9: that that we're basically, instead of having as large of 645 00:33:50,240 --> 00:33:52,640 Speaker 9: a lead as over possible as China, we're going to 646 00:33:52,720 --> 00:33:55,280 Speaker 9: have a relative lead over China, and we're going to 647 00:33:55,320 --> 00:33:57,479 Speaker 9: be willing to give them maybe not our best chips, 648 00:33:57,640 --> 00:34:02,240 Speaker 9: but our second best chips, and we think that's acceptable. 649 00:34:02,880 --> 00:34:05,600 Speaker 9: There are enormous risks in this, like even though they're 650 00:34:05,600 --> 00:34:07,640 Speaker 9: not the best chips, the game with AI is not 651 00:34:07,760 --> 00:34:10,120 Speaker 9: about whether you have the best single chip or not. 652 00:34:10,520 --> 00:34:13,719 Speaker 9: It's about how much computing power in aggregate can you 653 00:34:13,800 --> 00:34:17,400 Speaker 9: pull together into a data center, into a training run 654 00:34:17,520 --> 00:34:19,880 Speaker 9: and use to make and then run models. And you 655 00:34:19,920 --> 00:34:23,600 Speaker 9: can actually use large numbers of less advanced chips to 656 00:34:23,760 --> 00:34:27,759 Speaker 9: replicate the performance of comparatively slightly smaller numbers of the 657 00:34:27,800 --> 00:34:31,239 Speaker 9: most advanced chips. So the US advantage over China is 658 00:34:31,280 --> 00:34:35,200 Speaker 9: predicated on US having very very large gaps on computing 659 00:34:35,280 --> 00:34:38,040 Speaker 9: and them not having access to any chips that are 660 00:34:38,120 --> 00:34:41,359 Speaker 9: anywhere near the frontier and the most advanced. That's why 661 00:34:41,480 --> 00:34:43,400 Speaker 9: previously the US policy was to draw a line in 662 00:34:43,440 --> 00:34:46,759 Speaker 9: the sand and say you shall not process. Now that 663 00:34:46,760 --> 00:34:50,000 Speaker 9: policy has been upended, is much more difficult for China 664 00:34:50,080 --> 00:34:52,480 Speaker 9: for the United States to leverage its advantages over computing 665 00:34:52,480 --> 00:34:55,319 Speaker 9: power with China and Ai, and therefore the US lead 666 00:34:55,440 --> 00:34:59,440 Speaker 9: over China and I almost certainly will decrease, if not evaporate. 667 00:35:00,080 --> 00:35:02,160 Speaker 8: Has come from Look, David Sackson addrease and a lot 668 00:35:02,200 --> 00:35:04,719 Speaker 8: of people, but principally Jensen Wong. Let's focus on that 669 00:35:05,040 --> 00:35:07,919 Speaker 8: Jensen Wong has told us over the last couple of weeks, 670 00:35:07,920 --> 00:35:10,040 Speaker 8: and look, I'm quite harsh on him. I say he's 671 00:35:10,080 --> 00:35:13,240 Speaker 8: an agent of influence for the CCP and an arms dealer, 672 00:35:14,280 --> 00:35:18,840 Speaker 8: but he said things like, it doesn't matter if China 673 00:35:18,880 --> 00:35:21,040 Speaker 8: wins the race, We're all benefit. It doesn't matter if 674 00:35:21,080 --> 00:35:24,640 Speaker 8: a Chinese company wins the race, will all benefit benefit 675 00:35:24,760 --> 00:35:28,120 Speaker 8: from it. What is Jensen to let's take his side 676 00:35:28,120 --> 00:35:30,760 Speaker 8: for a second. What is the pitch he actually makes 677 00:35:30,880 --> 00:35:34,480 Speaker 8: and Indres and Sachs make to the President to try 678 00:35:34,520 --> 00:35:37,280 Speaker 8: to say, hey, let's get these export controls over because 679 00:35:37,520 --> 00:35:40,080 Speaker 8: then what we want is complete dominance in the American 680 00:35:40,120 --> 00:35:41,000 Speaker 8: stack in China. 681 00:35:41,320 --> 00:35:41,440 Speaker 2: US. 682 00:35:41,520 --> 00:35:44,759 Speaker 8: It give us a sophisticated version of what Jensen Wong 683 00:35:45,280 --> 00:35:46,200 Speaker 8: is telling the President. 684 00:35:46,280 --> 00:35:50,120 Speaker 7: Sir, so, I think there's two main arguments that they make. 685 00:35:50,360 --> 00:35:53,480 Speaker 9: The first is that if we don't export the chips 686 00:35:53,480 --> 00:35:57,040 Speaker 9: to China, China will make the chips themselves, so therefore 687 00:35:57,320 --> 00:36:00,239 Speaker 9: US companies might as well make money rather than think 688 00:36:00,239 --> 00:36:02,200 Speaker 9: the Chinese companies make the money and also have the 689 00:36:02,200 --> 00:36:04,600 Speaker 9: same capability. That's wrong for a reason I'm going to 690 00:36:04,600 --> 00:36:08,799 Speaker 9: the tect The second one is that by exporting their technology, 691 00:36:08,920 --> 00:36:14,000 Speaker 9: it's sticky and it becomes difficult for the Chinese to 692 00:36:14,400 --> 00:36:17,440 Speaker 9: move off of their ecosystem, and actually they'll be incentivized 693 00:36:17,480 --> 00:36:22,600 Speaker 9: to not make the advanced chips, and therefore our dominance 694 00:36:22,640 --> 00:36:23,560 Speaker 9: will reign for a. 695 00:36:23,480 --> 00:36:24,520 Speaker 7: Longer amount of time. 696 00:36:24,840 --> 00:36:28,640 Speaker 9: I think both are are incorrect for two different reasons. 697 00:36:28,840 --> 00:36:31,600 Speaker 9: On the second one, it's just very straightforward to address. 698 00:36:31,640 --> 00:36:32,520 Speaker 7: I think number one. 699 00:36:32,880 --> 00:36:35,239 Speaker 9: China has never been satisfied to be reliant on the 700 00:36:35,360 --> 00:36:39,600 Speaker 9: United States for any sophisticated technology ever, and particularly not 701 00:36:39,719 --> 00:36:43,200 Speaker 9: advanced semiconductors. They've been very very clear that they're going 702 00:36:43,239 --> 00:36:45,000 Speaker 9: to not be relyant on the US, and also the 703 00:36:45,080 --> 00:36:46,920 Speaker 9: US up to this point has been very clear that 704 00:36:47,280 --> 00:36:49,520 Speaker 9: we are going to use this as a choke point 705 00:36:49,600 --> 00:36:52,080 Speaker 9: to constrain them. So if you're the Chinese, there's no 706 00:36:52,320 --> 00:36:54,600 Speaker 9: putting the toothpaste back in the tube. There's no way 707 00:36:54,600 --> 00:36:56,719 Speaker 9: that we could ever convince it, regardless of whether you 708 00:36:56,760 --> 00:36:57,880 Speaker 9: think they're pull out. 709 00:36:57,719 --> 00:37:01,480 Speaker 8: On verse spacific as we talk about all the time. 710 00:37:01,480 --> 00:37:04,440 Speaker 8: In Maya twenty nineteen, after two years of hard negotiation 711 00:37:05,040 --> 00:37:09,080 Speaker 8: with Leha Leighttheiser Navarro, the Deal, the Seventh the deal 712 00:37:09,080 --> 00:37:10,920 Speaker 8: to take care of all the problems with the Chinese 713 00:37:10,960 --> 00:37:13,399 Speaker 8: economy and integrating to the world economy, they not only 714 00:37:13,400 --> 00:37:15,680 Speaker 8: said we're not going to do that, they also said 715 00:37:15,680 --> 00:37:18,440 Speaker 8: we're going to decouple from Western technology. This is they 716 00:37:18,480 --> 00:37:21,080 Speaker 8: do this all the time. They will not The reason 717 00:37:21,120 --> 00:37:23,719 Speaker 8: why she Sean and she didn't agree to the deal 718 00:37:24,040 --> 00:37:26,680 Speaker 8: on the economy and then further took it for and 719 00:37:26,719 --> 00:37:28,839 Speaker 8: then they went after their tech entrepreneurs and not being 720 00:37:28,840 --> 00:37:32,719 Speaker 8: tough enough is they will. They don't see a system 721 00:37:33,239 --> 00:37:36,000 Speaker 8: where they have to countdown to the foreign devils as 722 00:37:36,040 --> 00:37:38,920 Speaker 8: a system that works. They will always try to decouple 723 00:37:39,000 --> 00:37:41,680 Speaker 8: from our technology. That is just their pattern over time, 724 00:37:42,040 --> 00:37:42,680 Speaker 8: is it not, sir? 725 00:37:44,080 --> 00:37:48,680 Speaker 9: Absolutely absolutely, they are one hundred percent incentivized to do 726 00:37:48,719 --> 00:37:50,799 Speaker 9: this and they're moving as fast as they can. When 727 00:37:50,800 --> 00:37:52,759 Speaker 9: we were debated, when I was in the White House 728 00:37:52,800 --> 00:37:54,839 Speaker 9: working on this, when we were debating, you know, what's 729 00:37:54,880 --> 00:37:56,560 Speaker 9: the Chinese response going to be and is it going 730 00:37:56,600 --> 00:38:00,520 Speaker 9: to accelerate Chinese indigenization. We thought about that thinking was 731 00:38:00,680 --> 00:38:04,040 Speaker 9: Chinese indigenization on avand semiconductors is already at the maximum, 732 00:38:04,040 --> 00:38:07,920 Speaker 9: their pedals already on the floor. They know that they 733 00:38:08,000 --> 00:38:10,839 Speaker 9: need to really reduce their reliance on us for this, 734 00:38:10,920 --> 00:38:13,520 Speaker 9: any logical country would, and it's consistent with all of 735 00:38:13,560 --> 00:38:14,600 Speaker 9: their past practices. 736 00:38:14,960 --> 00:38:16,239 Speaker 7: So they're going to do this. 737 00:38:16,680 --> 00:38:18,640 Speaker 9: The other thing I would also argue, just from a 738 00:38:18,640 --> 00:38:21,840 Speaker 9: technical perspective, is this technical argument that well, but it 739 00:38:21,880 --> 00:38:23,840 Speaker 9: makes it really difficult for them to switch off of 740 00:38:23,920 --> 00:38:26,520 Speaker 9: chips is actually not that hard. And the reason you 741 00:38:26,560 --> 00:38:29,640 Speaker 9: know it's not that hard is that the big USAI 742 00:38:29,760 --> 00:38:33,279 Speaker 9: labs have done it. Anthropic has done it, Google has 743 00:38:33,320 --> 00:38:35,959 Speaker 9: done it. The big labs are actually moving away from 744 00:38:36,040 --> 00:38:38,840 Speaker 9: this sticky ecosystem, either away from n video. 745 00:38:38,640 --> 00:38:41,040 Speaker 7: Chips or from the kind of software that they use. 746 00:38:41,080 --> 00:38:45,160 Speaker 9: The Kuda software that and video argues gets peeple hooked 747 00:38:45,200 --> 00:38:46,839 Speaker 9: to their ecosystem. 748 00:38:47,120 --> 00:38:48,839 Speaker 7: But if you have a lot of resources, if you. 749 00:38:48,760 --> 00:38:52,000 Speaker 9: Have a lot of resources like a USAI AI lab does, 750 00:38:52,840 --> 00:38:53,640 Speaker 9: they have already done it. 751 00:38:53,680 --> 00:38:55,400 Speaker 7: They've been able to leverage all research to do it. 752 00:38:55,440 --> 00:38:59,600 Speaker 9: The Chinese Communist Party, the entire state back apparatus, and 753 00:38:59,800 --> 00:39:02,759 Speaker 9: all all thesephisticated Chinese companies also have large amounts of 754 00:39:02,800 --> 00:39:04,799 Speaker 9: resources and also will be able to break through that. 755 00:39:04,840 --> 00:39:08,080 Speaker 9: So the point there is there's not a moat there. 756 00:39:08,200 --> 00:39:12,239 Speaker 9: There's this kind of relying on them not being able 757 00:39:12,239 --> 00:39:13,680 Speaker 9: to figure out how to get off of our chips 758 00:39:13,680 --> 00:39:16,000 Speaker 9: at some point in the future is not a technically 759 00:39:16,480 --> 00:39:20,400 Speaker 9: accurate assessment. And so if that's being pitched to the president, 760 00:39:20,440 --> 00:39:21,520 Speaker 9: I think that's incorrect. 761 00:39:22,719 --> 00:39:24,360 Speaker 7: And then the one separate question, if you want to do. 762 00:39:24,360 --> 00:39:26,560 Speaker 8: It on the production side, Yeah, yeah, I want to 763 00:39:26,640 --> 00:39:28,680 Speaker 8: hold you through the break before we go to break, 764 00:39:28,680 --> 00:39:33,040 Speaker 8: We've got about a minute. The coming on the same 765 00:39:33,160 --> 00:39:36,520 Speaker 8: day that the Justice Department says they got this black 766 00:39:36,560 --> 00:39:40,320 Speaker 8: market operation of industrial espionage that was selling the exact 767 00:39:40,360 --> 00:39:43,280 Speaker 8: same tips for showing it does show that they're desperate 768 00:39:43,320 --> 00:39:46,480 Speaker 8: to get the chips and try to somehow recreate them. Correct, 769 00:39:46,520 --> 00:39:48,759 Speaker 8: not just the chips they can steal, but also recreate them. 770 00:39:48,760 --> 00:39:51,280 Speaker 8: That's part that's that is an active part of their program, 771 00:39:51,320 --> 00:39:51,719 Speaker 8: is it not. 772 00:39:53,520 --> 00:39:57,000 Speaker 9: Absolutely Yeah, they're trying to steal the chips there, and actually, look, 773 00:39:57,000 --> 00:39:59,560 Speaker 9: there are loopholes in controls that should be closed separately. 774 00:39:59,680 --> 00:40:02,000 Speaker 9: I will you know, there's things that the Biden administration 775 00:40:02,080 --> 00:40:04,319 Speaker 9: while they pushed this forward building what the trudministration did, 776 00:40:04,320 --> 00:40:07,319 Speaker 9: there were loophles the trumpstration should close. Chinese companies can 777 00:40:07,440 --> 00:40:10,440 Speaker 9: they can, They can get chips from third countries that 778 00:40:10,480 --> 00:40:13,239 Speaker 9: should be stopped. Chinese companies can access US chips via 779 00:40:13,320 --> 00:40:16,920 Speaker 9: the cloud, that should be stopped. But to actually sell 780 00:40:16,960 --> 00:40:20,080 Speaker 9: the chips instead is the complete reversal. 781 00:40:20,239 --> 00:40:23,480 Speaker 7: And we should be moving completely the. 782 00:40:23,400 --> 00:40:26,000 Speaker 9: Other direction in terms of closing loopholes, not opening giant 783 00:40:26,040 --> 00:40:26,399 Speaker 9: new ones. 784 00:40:26,400 --> 00:40:30,040 Speaker 8: Back up, uh, Chris Canting hangover second, we're taking a 785 00:40:30,040 --> 00:40:32,000 Speaker 8: short Chris McGuire joins us. 786 00:40:32,200 --> 00:40:34,440 Speaker 4: Joe Allen's in the house. 787 00:40:34,760 --> 00:40:37,520 Speaker 8: We're going to talk about the executive orders. A bunch 788 00:40:37,560 --> 00:40:40,440 Speaker 8: of executive voters now floating around. They're going to try 789 00:40:40,440 --> 00:40:42,520 Speaker 8: to go a different direction than you've. 790 00:40:42,360 --> 00:40:47,920 Speaker 4: Killed the putting into the nba A, the AI amnesty for. 791 00:40:48,040 --> 00:40:52,640 Speaker 8: Stopping the preemption or not stopping prection anyway. Short commercial break, Chris. 792 00:40:52,640 --> 00:40:55,120 Speaker 4: McGuire, Joe Allen, Dave Brett. On the other side, we. 793 00:40:56,680 --> 00:40:57,400 Speaker 7: Let's take. 794 00:41:00,719 --> 00:41:02,360 Speaker 2: Use your host Stephen K. 795 00:41:02,600 --> 00:41:07,319 Speaker 8: Bat CHRISTM Grier joins us Chris just so we get 796 00:41:07,360 --> 00:41:09,800 Speaker 8: a level set here with with because I'm gonna go 797 00:41:09,880 --> 00:41:12,960 Speaker 8: the argument of why you can't have any state regulations 798 00:41:13,000 --> 00:41:17,799 Speaker 8: and really no federal regulations. The accelerat accelerationists not just 799 00:41:17,880 --> 00:41:21,359 Speaker 8: have to be accelerationists. My concern is that they're just 800 00:41:21,360 --> 00:41:23,080 Speaker 8: going to do what they're going to do and accelerate 801 00:41:23,120 --> 00:41:26,760 Speaker 8: and we just have to live with it. How close now, 802 00:41:27,400 --> 00:41:31,799 Speaker 8: given Chinese commis party capabilities, are they really, let's leave 803 00:41:31,800 --> 00:41:36,320 Speaker 8: this deal aside, are they really in mounting a true 804 00:41:37,680 --> 00:41:40,920 Speaker 8: competition for us in the area of artificial intelligence given 805 00:41:41,040 --> 00:41:46,680 Speaker 8: the entire ecosystem of Chinese technology, training, education, and capital. 806 00:41:46,960 --> 00:41:50,879 Speaker 7: Sir, Yeah, so I think the Chinese are close there. 807 00:41:50,920 --> 00:41:54,080 Speaker 9: There are probably months behind us, which is which is 808 00:41:54,200 --> 00:41:56,919 Speaker 9: a problem and is really concerning. It means that they're 809 00:41:57,000 --> 00:41:59,920 Speaker 9: very close to us and developing asphisticated military capabilities will 810 00:41:59,920 --> 00:42:02,480 Speaker 9: be link to this from capturing you know, a big 811 00:42:02,520 --> 00:42:06,160 Speaker 9: percentage of the projected sixteen trillion dollars in economic value 812 00:42:06,239 --> 00:42:07,920 Speaker 9: that AI is going to generate. 813 00:42:08,000 --> 00:42:08,880 Speaker 7: So they are close. 814 00:42:09,880 --> 00:42:13,680 Speaker 9: Where they're not close is in the production of the chips, 815 00:42:13,680 --> 00:42:15,719 Speaker 9: in infrastructure in or to do it. The reason they're 816 00:42:15,719 --> 00:42:19,840 Speaker 9: close is because they still have access to our computing power, 817 00:42:20,800 --> 00:42:23,840 Speaker 9: either because of smuggling or because of loopholes in controls. 818 00:42:23,880 --> 00:42:26,920 Speaker 9: Without that, they wouldn't. So they know if they were 819 00:42:26,920 --> 00:42:29,759 Speaker 9: forced to build the infrastructure themselves, they would probably fall 820 00:42:29,840 --> 00:42:33,440 Speaker 9: far behind two years relatively quickly, which in AI is 821 00:42:33,680 --> 00:42:34,760 Speaker 9: an eternity. 822 00:42:35,719 --> 00:42:39,239 Speaker 4: And so that gives us back to do these chips. Now. 823 00:42:39,800 --> 00:42:42,439 Speaker 8: One of the arguments Silicon Values making is that, hey, 824 00:42:42,840 --> 00:42:47,760 Speaker 8: once the West gets accommodated to Chinese technology and Chinese 825 00:42:47,920 --> 00:42:50,200 Speaker 8: use that all the people that threw up these arguments 826 00:42:50,239 --> 00:42:52,160 Speaker 8: before turn out they're wrong. 827 00:42:52,560 --> 00:42:53,520 Speaker 4: Is that correct? 828 00:42:53,600 --> 00:42:57,880 Speaker 8: And there's some examples, particularly with Huawei, where actually proves 829 00:42:57,920 --> 00:42:58,440 Speaker 8: our case. 830 00:42:58,680 --> 00:43:02,359 Speaker 9: Sir, Yeah, I mean, I think the key thing here 831 00:43:02,400 --> 00:43:05,320 Speaker 9: where I frankly think that the based on the Bloomberg 832 00:43:05,360 --> 00:43:09,040 Speaker 9: reporting that says that this decision was linked to saying 833 00:43:09,080 --> 00:43:12,759 Speaker 9: Huawei is actually really capable, I think that they're frankly not. 834 00:43:13,200 --> 00:43:15,200 Speaker 9: And this is actually one of the few things that 835 00:43:15,239 --> 00:43:17,960 Speaker 9: the Chinese really do lag at, and it's important to 836 00:43:18,000 --> 00:43:21,200 Speaker 9: kind of draw out the distinctions here. It's true that 837 00:43:21,280 --> 00:43:24,160 Speaker 9: Huawei can make a chip that is slightly worse on 838 00:43:24,280 --> 00:43:27,239 Speaker 9: paper than this Age two hundred, but they can't make 839 00:43:27,320 --> 00:43:30,200 Speaker 9: that many of them, and That's what's important, because you 840 00:43:30,280 --> 00:43:32,840 Speaker 9: need to be able to aggregate very large numbers of 841 00:43:32,880 --> 00:43:35,839 Speaker 9: these chips. Right now, the total number of chips that 842 00:43:35,880 --> 00:43:37,840 Speaker 9: the Chinese can make, you're the total amount of AI 843 00:43:37,880 --> 00:43:41,400 Speaker 9: computing power that the Chinese can make is probably in 844 00:43:41,440 --> 00:43:43,919 Speaker 9: the one to two percent range of what the US 845 00:43:44,000 --> 00:43:46,600 Speaker 9: can make. If you're really generous to the Chinese and 846 00:43:46,640 --> 00:43:49,279 Speaker 9: you assume their production is much much higher than the 847 00:43:49,400 --> 00:43:52,399 Speaker 9: estimates we've seen to date, it's no more than say 848 00:43:52,400 --> 00:43:55,359 Speaker 9: the five percent range. And actually the best US chip 849 00:43:55,400 --> 00:43:57,560 Speaker 9: right now is about five times better than the best 850 00:43:57,640 --> 00:44:00,520 Speaker 9: Chinese chip, which is pretty good. That is objected to 851 00:44:00,560 --> 00:44:04,160 Speaker 9: increase to about twenty times better in just two years. 852 00:44:04,360 --> 00:44:06,279 Speaker 9: And the reason for that is that our chips are 853 00:44:06,280 --> 00:44:08,840 Speaker 9: getting better and better if they're using more advanced technology 854 00:44:08,840 --> 00:44:11,680 Speaker 9: that the Chinese don't have access to, and Chinese chips 855 00:44:11,719 --> 00:44:14,360 Speaker 9: are more or less stagnating. So the gap between the 856 00:44:14,440 --> 00:44:17,760 Speaker 9: United States and China on this is projected to radically increase. 857 00:44:17,840 --> 00:44:20,319 Speaker 9: That means that our export controls and our ability to 858 00:44:20,400 --> 00:44:25,080 Speaker 9: actually restrain China's AI capabilities is going to go up 859 00:44:25,320 --> 00:44:28,000 Speaker 9: as long as we don't give them the chips themselves 860 00:44:28,040 --> 00:44:31,200 Speaker 9: to actually to actually develop the AI. That's so dangerous, right, 861 00:44:31,239 --> 00:44:35,080 Speaker 9: So if we actually stay the course, the policies will 862 00:44:35,120 --> 00:44:38,480 Speaker 9: probably start to have a pretty significant impact on the Chinese. 863 00:44:38,520 --> 00:44:40,320 Speaker 7: But by reversing them, we run. 864 00:44:40,200 --> 00:44:43,680 Speaker 9: A huge risk that actually the gap between US and 865 00:44:43,760 --> 00:44:46,480 Speaker 9: China will close an AI, and that will have massive 866 00:44:46,520 --> 00:44:49,000 Speaker 9: impacts on our national security and economic prospers. 867 00:44:50,040 --> 00:44:52,920 Speaker 8: One of the biggest breaks we had with the global 868 00:44:53,080 --> 00:44:55,520 Speaker 8: so far polm establish for sixteen was the confrontation with 869 00:44:55,640 --> 00:44:59,240 Speaker 8: China and certain aspects. There's continuity from what President Trump 870 00:44:59,239 --> 00:45:01,360 Speaker 8: did and the team did in his first term and 871 00:45:01,360 --> 00:45:02,120 Speaker 8: what Biden did. 872 00:45:02,440 --> 00:45:04,360 Speaker 4: If you were able to sit. 873 00:45:04,239 --> 00:45:06,120 Speaker 8: With the president day and just say, hey, look, I 874 00:45:06,160 --> 00:45:08,520 Speaker 8: got a couple thoughts, what would that be to the 875 00:45:08,520 --> 00:45:09,480 Speaker 8: President the United States? 876 00:45:10,840 --> 00:45:13,200 Speaker 9: Yeah, I think that's worth emphasizing that. Really this is 877 00:45:13,239 --> 00:45:16,319 Speaker 9: in any bipartisan policy. That Trump administration started with the 878 00:45:16,400 --> 00:45:19,919 Speaker 9: restrictions on semi character manufacturing equipment in twenty nineteen and twenty, 879 00:45:19,960 --> 00:45:21,560 Speaker 9: and then the Biden administration continued. 880 00:45:21,880 --> 00:45:23,120 Speaker 7: I think we should number one. 881 00:45:23,200 --> 00:45:25,799 Speaker 9: Semi conductor manufacturing equipment is the foundation of this. 882 00:45:26,360 --> 00:45:29,360 Speaker 7: The ability to produce the chips. The Chinese are very restrained, 883 00:45:29,400 --> 00:45:30,360 Speaker 7: but not fully restrained. 884 00:45:30,400 --> 00:45:32,920 Speaker 9: We should be blocking the export of all semi conductor 885 00:45:32,960 --> 00:45:36,120 Speaker 9: manufacturing equipment to China that's capable of any advanced production, 886 00:45:37,160 --> 00:45:39,359 Speaker 9: and just basically make sure that they have no chance 887 00:45:39,400 --> 00:45:41,480 Speaker 9: of having an advanced chip making industry. I think our 888 00:45:41,480 --> 00:45:43,560 Speaker 9: controls have been effective, but they really need to be 889 00:45:43,560 --> 00:45:46,319 Speaker 9: maximu effective and shouldn't have zero risk. So I also 890 00:45:46,320 --> 00:45:49,520 Speaker 9: think we should basically should stop the Chinese from making, buying, 891 00:45:49,719 --> 00:45:52,280 Speaker 9: or renting AI chips. So that means no semi conductor 892 00:45:52,320 --> 00:45:55,440 Speaker 9: manufacturing equipment, it means no sales of AI chips, and 893 00:45:55,520 --> 00:45:58,280 Speaker 9: it also means no Chinese access via the US cloud. 894 00:45:58,400 --> 00:45:59,160 Speaker 7: If we're going to be in. 895 00:45:59,160 --> 00:46:02,200 Speaker 9: A competition with CHINAI, then they should use their own 896 00:46:02,280 --> 00:46:05,520 Speaker 9: chips and their own infrastructure in order to fuel their 897 00:46:05,520 --> 00:46:08,000 Speaker 9: own models. That's the way that we can best ensure 898 00:46:08,040 --> 00:46:10,920 Speaker 9: American competitiveness. If we're have leaks in any part of 899 00:46:10,920 --> 00:46:14,040 Speaker 9: that stack, making, buying, and renting AI chips, China is 900 00:46:14,080 --> 00:46:16,520 Speaker 9: going to be able to leverage the single greatest asset 901 00:46:16,600 --> 00:46:19,320 Speaker 9: the US has the most advanced technology in the world 902 00:46:19,480 --> 00:46:22,440 Speaker 9: to produce the very technology that they want to use 903 00:46:22,480 --> 00:46:23,920 Speaker 9: to overtake the United States. 904 00:46:23,920 --> 00:46:25,600 Speaker 7: It's dangerous and we shouldn't. 905 00:46:25,239 --> 00:46:29,360 Speaker 8: Let them do it, Chris last You know these guys 906 00:46:29,400 --> 00:46:31,040 Speaker 8: in the way they negotiate and the way they think 907 00:46:31,120 --> 00:46:32,200 Speaker 8: if the Chinese county. 908 00:46:31,960 --> 00:46:34,160 Speaker 4: If the roles were reversed. 909 00:46:34,080 --> 00:46:36,080 Speaker 8: What would the Chinese Commanists Party do to the United 910 00:46:36,080 --> 00:46:37,960 Speaker 8: States of America in this regard, Sir. 911 00:46:38,880 --> 00:46:43,080 Speaker 9: There is absolutely no way that the Chinese Communist Party 912 00:46:43,120 --> 00:46:46,400 Speaker 9: would ever let the United States have advanced AI chips 913 00:46:46,640 --> 00:46:48,480 Speaker 9: if they were the only ones in the world that 914 00:46:48,560 --> 00:46:50,240 Speaker 9: made them. 915 00:46:52,520 --> 00:46:53,080 Speaker 4: That's simple. 916 00:46:53,200 --> 00:46:55,680 Speaker 8: So where do people go to find out more about 917 00:46:55,719 --> 00:46:58,400 Speaker 8: you and more about your thinking and writing on this topic. 918 00:47:00,280 --> 00:47:02,319 Speaker 7: On Twitter? I'm at Chris Armaguire, I am. 919 00:47:03,160 --> 00:47:06,000 Speaker 9: I'm at the Council and Form Relations as the senior 920 00:47:06,000 --> 00:47:07,799 Speaker 9: Fellow for China and Emerging Technologies. 921 00:47:08,239 --> 00:47:10,400 Speaker 7: We will have actually I mentioned some of the production 922 00:47:10,480 --> 00:47:11,320 Speaker 7: numbers on Huawei. 923 00:47:11,480 --> 00:47:14,279 Speaker 9: We're going to have a report on this either today 924 00:47:14,360 --> 00:47:17,160 Speaker 9: or tomorrow, kind of going through these numbers in detail 925 00:47:17,239 --> 00:47:20,799 Speaker 9: and really looking at the assessment on US and China 926 00:47:20,840 --> 00:47:26,279 Speaker 9: compute capabilities. So ye, mostly CFR and Twitter, but I 927 00:47:26,320 --> 00:47:29,280 Speaker 9: will be speaking on this until we get this policy 928 00:47:29,360 --> 00:47:30,879 Speaker 9: to a good place. So thanks for all your help 929 00:47:30,920 --> 00:47:31,600 Speaker 9: on the Steve. 930 00:47:32,200 --> 00:47:35,520 Speaker 8: No, thank you, and we will push out all of 931 00:47:35,520 --> 00:47:37,560 Speaker 8: those reports and studies and make sure that the war 932 00:47:37,600 --> 00:47:39,000 Speaker 8: and posse is a full understanding this. 933 00:47:39,080 --> 00:47:41,000 Speaker 7: Thank you, sir, appreciate it. 934 00:47:41,040 --> 00:47:44,359 Speaker 8: Thanks It's ironic that we leave today's the First Hour 935 00:47:44,480 --> 00:47:50,239 Speaker 8: with the right Stuff a masterpiece by Tom Wolfe as 936 00:47:50,239 --> 00:47:53,720 Speaker 8: a book, the movie is a masterpiece by Philip Kaufman. 937 00:47:53,920 --> 00:47:59,160 Speaker 8: The score is a masterpiece by Conte. And it was 938 00:47:59,200 --> 00:48:02,960 Speaker 8: about the last time I would say we had a 939 00:48:03,040 --> 00:48:07,520 Speaker 8: race with an enemy, with the Soviet Union, about the 940 00:48:07,560 --> 00:48:10,480 Speaker 8: space program, nuclear weapons, all of it, and we had 941 00:48:10,480 --> 00:48:16,760 Speaker 8: the right stuff. Our focus was on total and complete victory. 942 00:48:17,560 --> 00:48:21,920 Speaker 4: Total and complete victory. Chris McGuire just said it. If 943 00:48:21,920 --> 00:48:23,120 Speaker 4: the Chinese commedist is part of. 944 00:48:23,120 --> 00:48:28,080 Speaker 8: The roles are reversed, there is zero probability that they 945 00:48:28,120 --> 00:48:32,319 Speaker 8: would assist the United States of America in anything. And 946 00:48:32,400 --> 00:48:34,879 Speaker 8: that's what we have to do. The Chinese Commiest party 947 00:48:34,920 --> 00:48:38,799 Speaker 8: is very simple. We must win this race. We will 948 00:48:39,160 --> 00:48:41,800 Speaker 8: win this race as we've won others in the past. 949 00:48:42,800 --> 00:48:46,160 Speaker 8: But we cannot give them a helping hand at all. 950 00:48:46,320 --> 00:48:50,959 Speaker 8: They're a murderous dictatorship that is a threat, existential threat 951 00:48:50,960 --> 00:48:54,440 Speaker 8: to allow Bijing their people, and a threat to every 952 00:48:54,520 --> 00:48:55,400 Speaker 8: nation on Earth. 953 00:48:55,680 --> 00:48:56,200 Speaker 7: Short break