1 00:00:00,240 --> 00:00:02,360 Speaker 1: Hey, guys, thanks for listening to Breaking Points with Crystal 2 00:00:02,360 --> 00:00:04,280 Speaker 1: and Sager. We're going to be totally upfront with you. 3 00:00:04,400 --> 00:00:07,200 Speaker 1: We took a big risk going independent to make this work. 4 00:00:07,320 --> 00:00:11,920 Speaker 1: We need your support to beat the corporate media CNN, Fox, MSNBC. 5 00:00:12,240 --> 00:00:15,800 Speaker 1: They are ripping this country apart. They are making millions 6 00:00:15,800 --> 00:00:18,400 Speaker 1: of dollars doing it to help support our mission of 7 00:00:18,440 --> 00:00:20,720 Speaker 1: making all of us hate each other, less hate the 8 00:00:20,760 --> 00:00:24,000 Speaker 1: corrupt ruling class more support the show. 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We have an amazing show for everybody today. 19 00:01:09,080 --> 00:01:10,920 Speaker 1: What do we have, pristol Indeed, we do lots of 20 00:01:10,920 --> 00:01:14,160 Speaker 1: interest store interesting stories to get into this Monday morning, 21 00:01:14,160 --> 00:01:17,240 Speaker 1: if I'm able to speak. So some big developments. Nancy 22 00:01:17,280 --> 00:01:19,920 Speaker 1: Pelosi kind of changing her tone a little bit, a 23 00:01:19,959 --> 00:01:23,440 Speaker 1: little bit about banning insider trading open the door just 24 00:01:23,480 --> 00:01:26,319 Speaker 1: a smidge, which, given her previous comments in total scorn 25 00:01:26,360 --> 00:01:28,840 Speaker 1: for the idea, is a significant development. We'll tell you 26 00:01:28,840 --> 00:01:31,440 Speaker 1: about that. We'll also tell you about some pretty eyebrow 27 00:01:31,600 --> 00:01:35,319 Speaker 1: raising comments from one Dan Crunshaw on the matter as well. 28 00:01:35,360 --> 00:01:37,759 Speaker 1: You may recall Crunshaw has been one of the top 29 00:01:37,800 --> 00:01:40,560 Speaker 1: performers in Congress in terms of a stock portfolio, So 30 00:01:40,920 --> 00:01:42,880 Speaker 1: that guy's really onto something. If you guys want to 31 00:01:43,120 --> 00:01:45,440 Speaker 1: make some money, just follow whatever Crunshaw is doing. So 32 00:01:45,480 --> 00:01:49,760 Speaker 1: we give you those details. Also, a really stunning story 33 00:01:49,960 --> 00:01:54,520 Speaker 1: that you picked up on these healthcare workers who were 34 00:01:54,680 --> 00:01:58,080 Speaker 1: changing jobs. They had new job, new hospital, all seems 35 00:01:58,160 --> 00:02:01,720 Speaker 1: normal and better offer there about her benefits, etc. They said, 36 00:02:01,800 --> 00:02:04,480 Speaker 1: you know, life balance, all those things were good. A 37 00:02:04,760 --> 00:02:08,720 Speaker 1: judge has blocked them, yes, from changing jobs because their 38 00:02:08,760 --> 00:02:11,760 Speaker 1: old employer did not want them to leave. I'm having 39 00:02:11,840 --> 00:02:15,200 Speaker 1: so much trouble rubbing my head around this, So we'll 40 00:02:15,200 --> 00:02:17,079 Speaker 1: give you all of those details there. Maybe you guys 41 00:02:17,120 --> 00:02:20,600 Speaker 1: can make sense of it. Jensaki under fire for some 42 00:02:21,240 --> 00:02:24,520 Speaker 1: interesting comments she made about next moves for the democratic 43 00:02:24,560 --> 00:02:27,920 Speaker 1: base and how you should be approaching things. Also major 44 00:02:28,680 --> 00:02:32,360 Speaker 1: escalation and saber rattling with regards to Ukraine. But we 45 00:02:32,400 --> 00:02:36,160 Speaker 1: wanted to start with the stock market, which has experienced 46 00:02:36,160 --> 00:02:38,880 Speaker 1: precipitous drops. Let's go ahead and throw this first element 47 00:02:39,000 --> 00:02:42,000 Speaker 1: up there on the screen. The stock market crash is 48 00:02:42,320 --> 00:02:45,480 Speaker 1: likely only beginning, so if you guys have been tracking 49 00:02:45,520 --> 00:02:49,040 Speaker 1: this significant downturns here in terms of the stock market, 50 00:02:49,200 --> 00:02:52,640 Speaker 1: and listen, stock market is a graph for rich people's feelings. 51 00:02:52,639 --> 00:02:54,920 Speaker 1: On the way up, it mostly benefits the rich, but 52 00:02:55,000 --> 00:02:58,480 Speaker 1: when you have a significant crash on the way down, 53 00:02:58,919 --> 00:03:01,960 Speaker 1: it ends up her everyone and can spark a recession. 54 00:03:02,000 --> 00:03:05,080 Speaker 1: So that is why we are focusing on this this 55 00:03:05,120 --> 00:03:08,240 Speaker 1: particular tear. She is pretty interesting. Effectively, what this comes 56 00:03:08,280 --> 00:03:10,800 Speaker 1: down to is the fact that the FED during the 57 00:03:10,800 --> 00:03:18,080 Speaker 1: pandemic issue went bananas with injecting trillions of dollars into 58 00:03:18,120 --> 00:03:22,640 Speaker 1: the market, backstopping stocks, backstopping debt as well. Now they 59 00:03:22,680 --> 00:03:26,040 Speaker 1: are not only pulling back on those bond purchases, but 60 00:03:26,120 --> 00:03:28,560 Speaker 1: they are also signaling that they are going to cut 61 00:03:28,880 --> 00:03:32,600 Speaker 1: interest rates multiple times this year, and so one of 62 00:03:32,680 --> 00:03:34,400 Speaker 1: the things that we've been trying to talk about here 63 00:03:34,560 --> 00:03:37,400 Speaker 1: is just how much impact the FED has, certainly on 64 00:03:37,440 --> 00:03:40,200 Speaker 1: the markets, but on the broader economy. And as you 65 00:03:40,320 --> 00:03:43,160 Speaker 1: watch these declines occurring in the stock market, it looks 66 00:03:43,240 --> 00:03:48,160 Speaker 1: like this is directly tied to investors actually realizing the 67 00:03:48,200 --> 00:03:51,200 Speaker 1: party is over. Interest rate cuts are in fact coming, 68 00:03:51,520 --> 00:03:54,760 Speaker 1: and so they've been fleeing, in particular the most speculative assets. 69 00:03:54,800 --> 00:03:57,120 Speaker 1: And the thing that really scares me is that what 70 00:03:57,280 --> 00:03:59,360 Speaker 1: Seeking Alpha points to there is that there is a 71 00:03:59,400 --> 00:04:02,480 Speaker 1: record of out of margin debt and credit card debt 72 00:04:02,560 --> 00:04:05,840 Speaker 1: combined with low investor cash allocation. Now, the reason that 73 00:04:05,880 --> 00:04:08,000 Speaker 1: matters is that whenever you have a high priced asset 74 00:04:08,040 --> 00:04:11,320 Speaker 1: and you borrow against it something called margin. What that 75 00:04:11,360 --> 00:04:14,240 Speaker 1: means is that the cash isn't realized, right, the asset 76 00:04:14,280 --> 00:04:17,800 Speaker 1: itself is floating, and you're borrowing cash based upon the 77 00:04:17,920 --> 00:04:20,520 Speaker 1: value of the net present value of that asset. But 78 00:04:20,560 --> 00:04:23,880 Speaker 1: then what happens if the asset drops, then you're going 79 00:04:23,960 --> 00:04:26,200 Speaker 1: to have to get a margin call and it's like, hey, 80 00:04:26,480 --> 00:04:28,400 Speaker 1: you know, your asset isn't worth as much anymore, so 81 00:04:28,440 --> 00:04:30,000 Speaker 1: you have to pay back exper you're in the hall now. 82 00:04:30,080 --> 00:04:33,000 Speaker 1: Basic Now these people don't have a lot of cash. 83 00:04:33,120 --> 00:04:35,599 Speaker 1: Per what we know in terms of balance sheets, we 84 00:04:35,640 --> 00:04:38,280 Speaker 1: have a very reduced number of personal savings. All of 85 00:04:38,279 --> 00:04:40,760 Speaker 1: this matters because, as Crystal said, on the way up 86 00:04:40,800 --> 00:04:43,200 Speaker 1: the stock market may not impact a lot of you, 87 00:04:43,320 --> 00:04:45,560 Speaker 1: but on the way down, whenever people have to start 88 00:04:45,600 --> 00:04:49,240 Speaker 1: pulling cash, this all affects banks, it affects payrolls, This 89 00:04:49,240 --> 00:04:51,840 Speaker 1: would happen during the Great Financial Crisis, and more so 90 00:04:52,040 --> 00:04:54,480 Speaker 1: on the way down, this can have a significant impact 91 00:04:54,720 --> 00:04:58,120 Speaker 1: on your life, your employment possibilities. Obviously everybody's four oh 92 00:04:58,160 --> 00:05:00,080 Speaker 1: one k those of you who are lucky enough to 93 00:05:00,120 --> 00:05:02,800 Speaker 1: have them in retirement, all of that. So it's a 94 00:05:02,839 --> 00:05:04,800 Speaker 1: big problem. Let's go ahead and put the New York 95 00:05:04,800 --> 00:05:06,760 Speaker 1: Times tear sheet up there on the screen, and this 96 00:05:06,839 --> 00:05:09,000 Speaker 1: is what you point to. Look at the FED lifeline 97 00:05:10,000 --> 00:05:12,320 Speaker 1: s and P. Five hundred what they point to there, 98 00:05:12,320 --> 00:05:14,120 Speaker 1: and you know they're very much in agreement on the 99 00:05:14,120 --> 00:05:17,080 Speaker 1: same thing, which is that with the Federal Reserve change 100 00:05:17,080 --> 00:05:20,039 Speaker 1: in rate policy that has been announced, a lot of 101 00:05:20,040 --> 00:05:23,919 Speaker 1: people are saying that with this environment, the Fed is 102 00:05:24,000 --> 00:05:27,880 Speaker 1: basically triggering and making it known that the insurance rates 103 00:05:28,080 --> 00:05:30,000 Speaker 1: or sorry, that the interest rates are going to be 104 00:05:30,120 --> 00:05:32,800 Speaker 1: raised over the coming years. And this is simply cleaning 105 00:05:32,839 --> 00:05:35,200 Speaker 1: up a lot of the more cheapest capital that was 106 00:05:35,240 --> 00:05:37,440 Speaker 1: flying around within the markets, fueling some of the most 107 00:05:37,480 --> 00:05:40,080 Speaker 1: speculative assets. Yeah, and the issue here is that there 108 00:05:40,080 --> 00:05:42,320 Speaker 1: are really no right answers. So on the one hand, 109 00:05:42,440 --> 00:05:44,600 Speaker 1: you know, based on what we just said, you might say, well, 110 00:05:44,960 --> 00:05:47,000 Speaker 1: the Fed needs to stop doing that, you know, don't 111 00:05:47,000 --> 00:05:49,480 Speaker 1: lift the rates, then you know, keep buying the bonds, 112 00:05:49,560 --> 00:05:54,159 Speaker 1: keep backstopping the market. The problem is that those policies, 113 00:05:54,320 --> 00:05:58,200 Speaker 1: which have been really unprecedented, started after the financial crash. 114 00:05:58,320 --> 00:06:01,400 Speaker 1: Quantitative easing is what it's called, is just basically injecting 115 00:06:01,440 --> 00:06:04,400 Speaker 1: it's sort of like socialism for the rich, effectively injecting 116 00:06:04,400 --> 00:06:07,200 Speaker 1: trillions of dollars into the stock market. This was amped 117 00:06:07,279 --> 00:06:11,240 Speaker 1: up even further during the pandemic response, and yeah, it 118 00:06:11,279 --> 00:06:13,360 Speaker 1: propped up. That's why you had these headlines that were 119 00:06:13,440 --> 00:06:18,160 Speaker 1: like the bottom has fallen out of the economy, mass unemployment, 120 00:06:18,400 --> 00:06:21,239 Speaker 1: breadlines on one hand, and on the other hand, stock 121 00:06:21,279 --> 00:06:25,200 Speaker 1: market reaches new highs. That's why that was happening. And 122 00:06:25,279 --> 00:06:27,200 Speaker 1: so on the one hand, they were using the only 123 00:06:27,240 --> 00:06:30,440 Speaker 1: tools really at their disposal. On the other hand, they 124 00:06:30,480 --> 00:06:34,440 Speaker 1: have helped to fuel, massive inequality, and a lot of 125 00:06:34,480 --> 00:06:40,360 Speaker 1: analysts say also huge asset bubbles. Now, when huge asset 126 00:06:40,400 --> 00:06:44,400 Speaker 1: bubbles pop, that is not just bad for investors and 127 00:06:44,400 --> 00:06:47,200 Speaker 1: people at the top, that is a disaster all the 128 00:06:47,200 --> 00:06:50,320 Speaker 1: way around. Look no further than the housing crash. That 129 00:06:50,480 --> 00:06:54,840 Speaker 1: was a huge asset bubble that popped with disastrous consequences 130 00:06:54,880 --> 00:06:58,360 Speaker 1: that we are still getting out from under. So these 131 00:06:58,400 --> 00:07:02,000 Speaker 1: policies from the FED to inflate these bubbles, now, on 132 00:07:02,040 --> 00:07:03,600 Speaker 1: the one hand, you know it's going to be a 133 00:07:03,720 --> 00:07:06,240 Speaker 1: question whether they actually have the stomach for what is 134 00:07:06,480 --> 00:07:09,840 Speaker 1: likely to be a major crash, a major correction. On 135 00:07:09,880 --> 00:07:12,680 Speaker 1: the other hand, if you just continue these types of 136 00:07:12,680 --> 00:07:16,400 Speaker 1: policies indefinitely, you're just potentially setting up for an even 137 00:07:16,560 --> 00:07:19,840 Speaker 1: larger crash down the road. So that's one piece of 138 00:07:19,840 --> 00:07:22,040 Speaker 1: the puzzle. The other problem here is, of course inflation. 139 00:07:22,520 --> 00:07:26,000 Speaker 1: This is the reason why the FED has signaled so 140 00:07:26,120 --> 00:07:30,560 Speaker 1: aggressively that they may have four or even five interest 141 00:07:30,640 --> 00:07:34,160 Speaker 1: rate increases over the course of this year, because they 142 00:07:34,200 --> 00:07:37,800 Speaker 1: are trying to get inflation under control. And the other 143 00:07:37,880 --> 00:07:40,640 Speaker 1: thing that they lay out in that piece that we 144 00:07:40,760 --> 00:07:43,440 Speaker 1: just had up on the screen is that it is 145 00:07:43,520 --> 00:07:47,160 Speaker 1: unlikely that just cutting the interest rates, just pulling back 146 00:07:47,200 --> 00:07:49,880 Speaker 1: on the bond purchases. Justing the stock market fall is 147 00:07:49,920 --> 00:07:52,360 Speaker 1: going to be sufficient to totally attain inflation given some 148 00:07:52,400 --> 00:07:54,480 Speaker 1: of these other things that are going on, the supply 149 00:07:54,560 --> 00:07:57,480 Speaker 1: chain crisis and all these other issues. So that's going 150 00:07:57,560 --> 00:07:59,800 Speaker 1: to continue to push the FED in the direction of 151 00:08:00,240 --> 00:08:03,640 Speaker 1: lifting interest rates. And like I said, at this point, 152 00:08:03,720 --> 00:08:07,080 Speaker 1: because they have kind of created a gigantic mess, there 153 00:08:07,120 --> 00:08:10,239 Speaker 1: aren't a lot of great options for them here. That's 154 00:08:10,320 --> 00:08:13,960 Speaker 1: why some analysts are very concerned that we could be 155 00:08:14,160 --> 00:08:17,440 Speaker 1: in for a gigantic crash. Yeah, and you know we're 156 00:08:17,440 --> 00:08:20,360 Speaker 1: seeing this also in the crypto Marcus as well. Sorry 157 00:08:20,360 --> 00:08:22,400 Speaker 1: to my fellow holdlers. Let's go ahead and put this 158 00:08:22,480 --> 00:08:26,400 Speaker 1: up there on the screen. Both bitcoin and ethereum triggered 159 00:08:26,440 --> 00:08:30,440 Speaker 1: a major selloff along actually alongside some of the stocks. 160 00:08:30,640 --> 00:08:32,520 Speaker 1: And I think that what this points to, Crystal is 161 00:08:32,520 --> 00:08:34,200 Speaker 1: we're going to get a lot of testing of theories 162 00:08:34,240 --> 00:08:37,200 Speaker 1: around the economy. Here. Is it purely the Fed? Is 163 00:08:37,240 --> 00:08:39,600 Speaker 1: it also do we have these asset bubbles and we're 164 00:08:39,640 --> 00:08:42,080 Speaker 1: going to have the same kind of trickle down failure 165 00:08:42,120 --> 00:08:45,240 Speaker 1: effect that we had in the financial crisis. Obviously, everybody 166 00:08:45,320 --> 00:08:47,360 Speaker 1: remembers too big to fail. I mean, it's not going 167 00:08:47,400 --> 00:08:49,520 Speaker 1: to repeat exactly the same way. But when you have 168 00:08:49,600 --> 00:08:51,440 Speaker 1: a huge amount of cash and loans and all that 169 00:08:51,480 --> 00:08:55,160 Speaker 1: tied up in the richest people's basically bets in different assets, 170 00:08:55,360 --> 00:08:57,440 Speaker 1: you have no idea how that's going to affect you 171 00:08:57,800 --> 00:09:00,240 Speaker 1: and your life. The other problem with the FED is, Okay, 172 00:09:00,240 --> 00:09:02,600 Speaker 1: they could raise interest rates, what's likely to happen. Then 173 00:09:02,760 --> 00:09:05,560 Speaker 1: they could trigger a massive recession. I mean that's not 174 00:09:05,640 --> 00:09:08,600 Speaker 1: good either. So, as you said, there's no good options here. 175 00:09:08,679 --> 00:09:11,000 Speaker 1: Part of the issue, which is whenever you do that, 176 00:09:11,280 --> 00:09:14,600 Speaker 1: you trigger a new recession, you're gonna have mass unemployment 177 00:09:14,640 --> 00:09:16,880 Speaker 1: and layoffs. You're gonna have the inability of people in 178 00:09:16,960 --> 00:09:19,120 Speaker 1: order to borrow cash, possibly in order to keep people 179 00:09:19,120 --> 00:09:21,120 Speaker 1: on the payroll, And then what happens, You're gonna have 180 00:09:21,360 --> 00:09:24,760 Speaker 1: huge social unrest. On top of that, we already have 181 00:09:24,840 --> 00:09:27,880 Speaker 1: a supply chain crisis. We have a massive supply crunch 182 00:09:27,920 --> 00:09:30,720 Speaker 1: instead that's coming over here. So it would actually create 183 00:09:30,760 --> 00:09:33,800 Speaker 1: the worst world where we would have more of a recession, 184 00:09:34,120 --> 00:09:38,080 Speaker 1: reduced amount of demand, reduce assets too. Then all that 185 00:09:38,120 --> 00:09:41,880 Speaker 1: could cascade down into some crazy spiral. I don't even 186 00:09:41,920 --> 00:09:43,840 Speaker 1: know what that would do. In terms of the currency 187 00:09:44,040 --> 00:09:47,160 Speaker 1: markets as well. So geopolitically, obviously this would be a 188 00:09:47,160 --> 00:09:49,480 Speaker 1: big disaster, and you can't erase the human costs. A 189 00:09:49,520 --> 00:09:51,880 Speaker 1: lot of people kill themselves during recessions. It's not a joke. 190 00:09:52,080 --> 00:09:55,120 Speaker 1: You know, people die, people don't go to the healthcare, 191 00:09:55,920 --> 00:09:58,760 Speaker 1: they don't go and seek healthcare. A lot of people 192 00:09:58,800 --> 00:10:01,520 Speaker 1: died during two thousand and eight that nobody really talks 193 00:10:01,520 --> 00:10:04,120 Speaker 1: about or acknowledges. So that's the human element to this 194 00:10:04,240 --> 00:10:07,000 Speaker 1: that I can't help but think. No, that is exactly right. 195 00:10:07,080 --> 00:10:09,120 Speaker 1: I mean, one of the things that we tracked at 196 00:10:09,120 --> 00:10:11,920 Speaker 1: the beginning of the pandemic, when you know, things were 197 00:10:12,040 --> 00:10:15,960 Speaker 1: extraordinarily grim economically, was how a lot of the people 198 00:10:16,000 --> 00:10:20,160 Speaker 1: that were most vulnerable during the pandemic crash were people 199 00:10:20,240 --> 00:10:23,080 Speaker 1: who had been hit hard during the housing prices and 200 00:10:23,160 --> 00:10:26,840 Speaker 1: they'd never recovered. So they went from potentially having their 201 00:10:26,880 --> 00:10:30,000 Speaker 1: own home to being foreclosed on, and now they're in 202 00:10:30,040 --> 00:10:34,319 Speaker 1: these temporary living arrangements, and then during the pandemic, loss 203 00:10:34,320 --> 00:10:36,760 Speaker 1: of job, they can't even sustain, you know, the rent 204 00:10:36,840 --> 00:10:40,040 Speaker 1: for those much less expensive places. So and then now, 205 00:10:40,120 --> 00:10:42,480 Speaker 1: of course we know the way that housing prices have spiked, 206 00:10:42,520 --> 00:10:46,680 Speaker 1: making everything even that much more affordable less affordable, whether 207 00:10:46,720 --> 00:10:48,920 Speaker 1: it's with regards to buying a home. And also we've 208 00:10:48,960 --> 00:10:51,920 Speaker 1: seen rent prices spike, so it's a bad situation that 209 00:10:51,960 --> 00:10:56,800 Speaker 1: people are in. And you pointed to Crypto, it makes 210 00:10:56,880 --> 00:11:00,640 Speaker 1: sense that the most sort of speculative assets would see 211 00:11:00,679 --> 00:11:04,679 Speaker 1: the biggest declines first. So you know, Crypto going up 212 00:11:04,840 --> 00:11:07,800 Speaker 1: gangbusters during all of this makes sense when you have 213 00:11:07,920 --> 00:11:10,559 Speaker 1: so much money injected in and people are just looking 214 00:11:10,640 --> 00:11:13,960 Speaker 1: for assets that they can put their cash into. So 215 00:11:14,080 --> 00:11:18,000 Speaker 1: Crypto benefited massively from that makes sense that it would 216 00:11:18,360 --> 00:11:21,960 Speaker 1: lead some of the measures in terms of declining during 217 00:11:22,000 --> 00:11:25,560 Speaker 1: the early days of this crash. And I don't think 218 00:11:25,600 --> 00:11:28,480 Speaker 1: that you should really be looking to maybe our business 219 00:11:28,559 --> 00:11:32,200 Speaker 1: journalists for advice on what to do during these times. 220 00:11:32,240 --> 00:11:36,120 Speaker 1: They don't necessarily always have the greatest guidance to offer you. 221 00:11:36,200 --> 00:11:38,920 Speaker 1: We just picked out one little example of that. Jim 222 00:11:39,000 --> 00:11:41,440 Speaker 1: Kramer over on CNBC. Let's go ahead and throw this 223 00:11:41,559 --> 00:11:45,920 Speaker 1: up on the screen. He's got some great stock picks here, Sager, 224 00:11:46,480 --> 00:11:51,240 Speaker 1: things like Netflix and Peloton. Go ahead and put the 225 00:11:51,280 --> 00:11:55,200 Speaker 1: next tear sheet up on the screen. Pellets stay at home. 226 00:11:55,240 --> 00:12:00,760 Speaker 1: Stocks like Netflix and Peloton have experienced massive of declines. 227 00:12:01,000 --> 00:12:04,840 Speaker 1: Peloton has lost like eighty percent of its value amount 228 00:12:04,880 --> 00:12:09,840 Speaker 1: of recently. And by the way, their executives also sold 229 00:12:09,880 --> 00:12:13,240 Speaker 1: off like a five hundred million dollars in stock before 230 00:12:13,280 --> 00:12:17,400 Speaker 1: their gigantic crash. So even Peloton execs don't think that 231 00:12:17,480 --> 00:12:20,600 Speaker 1: Peloton is a good bye right now, Peloton, You're on 232 00:12:20,640 --> 00:12:22,600 Speaker 1: your own, folks. These people aren't going to help guide 233 00:12:22,600 --> 00:12:25,280 Speaker 1: you through these times. Peloton is almost certainly going to 234 00:12:25,280 --> 00:12:28,120 Speaker 1: get acquired for some rock bottom price. My bet is Apple, 235 00:12:28,160 --> 00:12:30,880 Speaker 1: That's what I think, borrowing that from Scott Galloway. But 236 00:12:31,320 --> 00:12:34,360 Speaker 1: that being said, yeah, the CEO has actually lost his 237 00:12:34,440 --> 00:12:38,199 Speaker 1: billionaire status. Cries shout out to mister John Folly. That 238 00:12:38,280 --> 00:12:41,040 Speaker 1: must be tough going from the nine label experience the 239 00:12:41,080 --> 00:12:46,760 Speaker 1: eight bigger and what's happening there. But look, the Netflix 240 00:12:46,800 --> 00:12:50,920 Speaker 1: and Peloton stocks were obviously big pandemic stocks. You know, 241 00:12:50,960 --> 00:12:55,160 Speaker 1: they performed massively well during that time, and in some 242 00:12:55,280 --> 00:12:57,080 Speaker 1: ways it was a matter of time of when the 243 00:12:57,120 --> 00:13:00,800 Speaker 1: crash would come. But it became so precipitous on top 244 00:13:00,920 --> 00:13:03,600 Speaker 1: of a decline in the entire tech sector, on top 245 00:13:03,640 --> 00:13:05,880 Speaker 1: of a decline in the entire S and P five hundred. 246 00:13:05,960 --> 00:13:08,240 Speaker 1: So when you have all of that come crashing down 247 00:13:08,520 --> 00:13:11,360 Speaker 1: at the same time there is a large correction. And 248 00:13:11,679 --> 00:13:14,000 Speaker 1: sometimes whenever it comes to markets, given that so much 249 00:13:14,000 --> 00:13:17,040 Speaker 1: of it is feelings, the feeling of pessimism itself can 250 00:13:17,120 --> 00:13:21,400 Speaker 1: fuel continued down selling because so few people actually control 251 00:13:21,600 --> 00:13:24,400 Speaker 1: the overall markets themselves. So what really with a point 252 00:13:24,400 --> 00:13:27,880 Speaker 1: of this is get ready, you know, prepare yourself. It 253 00:13:27,960 --> 00:13:31,400 Speaker 1: is certainly a possibility, and unlike whenever it goes up, 254 00:13:31,600 --> 00:13:34,680 Speaker 1: it could have a big, big, big impact on your life, 255 00:13:34,720 --> 00:13:37,120 Speaker 1: on all of our daily lives in terms of businesses 256 00:13:37,440 --> 00:13:40,199 Speaker 1: shutting down, people losing their jobs. I don't want to 257 00:13:40,240 --> 00:13:42,800 Speaker 1: see that, but it's very unfortunate. It could be a possibility. Yeah, 258 00:13:42,840 --> 00:13:46,560 Speaker 1: it's like gains are privatized and losses are socialized, righty, 259 00:13:46,600 --> 00:13:48,560 Speaker 1: and then calls for a bailout. By the way, nobody's 260 00:13:48,559 --> 00:13:50,240 Speaker 1: going to get bailed out right now, at least I 261 00:13:50,240 --> 00:13:52,600 Speaker 1: don't think so. From the political system, I don't see 262 00:13:52,600 --> 00:13:54,640 Speaker 1: how they could possibly stomach that. I mean, the bailout 263 00:13:54,679 --> 00:13:57,920 Speaker 1: would come from the FED going back to quant massive 264 00:13:57,960 --> 00:14:01,880 Speaker 1: quantitative easing and you know, losing stomach for seeing a 265 00:14:02,000 --> 00:14:05,960 Speaker 1: huge crash. Yeah, to the psychological aspect, there kind of 266 00:14:06,120 --> 00:14:08,480 Speaker 1: was this mindset that's set in of like, oh, stock 267 00:14:08,520 --> 00:14:10,360 Speaker 1: market's never going down, like it's just going to go 268 00:14:10,440 --> 00:14:13,760 Speaker 1: up forever. Okay, we can't possibly lose. And when that 269 00:14:14,000 --> 00:14:17,800 Speaker 1: sort of psychological bubble burst, then you start to see 270 00:14:17,840 --> 00:14:20,120 Speaker 1: I mean, the early signs of it are selling off 271 00:14:20,120 --> 00:14:23,920 Speaker 1: things like crypto and these more speculative assets, and then yeah, 272 00:14:23,960 --> 00:14:26,920 Speaker 1: the margin calls helped to fuel more selling, and you 273 00:14:26,960 --> 00:14:29,920 Speaker 1: can see how you get into a spiral where on 274 00:14:30,080 --> 00:14:33,520 Speaker 1: the way up, when the asset bubbles are being inflated, 275 00:14:34,120 --> 00:14:37,640 Speaker 1: the continued increased value becomes a kind of logic in 276 00:14:37,680 --> 00:14:40,280 Speaker 1: and of itself. It's like, well, the value's been going up, 277 00:14:40,320 --> 00:14:41,880 Speaker 1: so the value is going to keep going up, and 278 00:14:41,920 --> 00:14:44,720 Speaker 1: as long as that continues to be the case, then 279 00:14:44,760 --> 00:14:49,160 Speaker 1: the bubble continues to build. Once you lose that mentality, 280 00:14:49,320 --> 00:14:52,440 Speaker 1: then on the way down, it's exact opposite dynamic. When 281 00:14:52,520 --> 00:14:56,320 Speaker 1: values go down, that justifies more selling, which justifies you thinking, 282 00:14:56,400 --> 00:14:58,600 Speaker 1: you know, the values are going to go down even further. 283 00:14:58,760 --> 00:15:03,640 Speaker 1: So it's honest, very rational behavior. The selloff that we've 284 00:15:03,680 --> 00:15:07,320 Speaker 1: seen given what the FED has very strongly indicated that 285 00:15:07,360 --> 00:15:09,240 Speaker 1: they're going to do, and I think they've been signaling 286 00:15:09,280 --> 00:15:12,560 Speaker 1: that for a while and investors weren't totally taking them seriously, 287 00:15:12,600 --> 00:15:14,800 Speaker 1: and now they're actually starting to take them seriously. You 288 00:15:14,840 --> 00:15:17,600 Speaker 1: take them seriously, and take it seriously in your own life. Okay, 289 00:15:17,960 --> 00:15:20,400 Speaker 1: let's move on. This is also some very important piece 290 00:15:20,440 --> 00:15:23,960 Speaker 1: of news again with something floating around in the background 291 00:15:24,000 --> 00:15:27,560 Speaker 1: that could explode into a major conflagration. So we had 292 00:15:27,600 --> 00:15:29,360 Speaker 1: some breaking news last night that we didn't have an 293 00:15:29,360 --> 00:15:30,760 Speaker 1: element for, but let me go ahead and read it 294 00:15:30,800 --> 00:15:34,080 Speaker 1: to you. President Biden is weighing deploying thousands of troops 295 00:15:34,080 --> 00:15:36,760 Speaker 1: to Eastern Europe and to the Baltics. The President is 296 00:15:36,800 --> 00:15:40,520 Speaker 1: considering deploying warships and aircraft and NATO allies in what 297 00:15:40,600 --> 00:15:43,760 Speaker 1: would be a major shift from its restrained stance on Ukraine. 298 00:15:43,840 --> 00:15:47,560 Speaker 1: Biden is considering deploying thousands of US troops, aircraft, NATO allis, 299 00:15:47,600 --> 00:15:50,120 Speaker 1: and the Baltics in Eastern Europe in an expansion of 300 00:15:50,240 --> 00:15:53,880 Speaker 1: US military involvement amid mounting fears of a Russian incursion 301 00:15:54,080 --> 00:15:57,280 Speaker 1: into Ukraine. Now, as they point out here, it would 302 00:15:57,280 --> 00:16:00,320 Speaker 1: be a major pivot for the Biden administration, which has 303 00:16:00,360 --> 00:16:04,000 Speaker 1: specifically not taken this tactic ahead of any move by 304 00:16:04,040 --> 00:16:07,560 Speaker 1: Putin at the fear of escalation. And actually this is 305 00:16:07,640 --> 00:16:10,160 Speaker 1: part of the problem that we have in this entire thing, 306 00:16:10,280 --> 00:16:13,400 Speaker 1: which is that I have noticed it is tremendously difficult 307 00:16:13,520 --> 00:16:16,920 Speaker 1: for many Americans to not put themselves in the minds 308 00:16:16,960 --> 00:16:18,880 Speaker 1: of the other person. And I think that this is 309 00:16:18,920 --> 00:16:22,200 Speaker 1: the single most important thing when you're considering international affairs. 310 00:16:22,240 --> 00:16:24,640 Speaker 1: Because you're like, oh, Putin is being a bully, etc. 311 00:16:24,920 --> 00:16:27,360 Speaker 1: I don't even disagree with any of that. You have 312 00:16:27,400 --> 00:16:30,880 Speaker 1: to try and understand what exactly this paranoia, fear, and 313 00:16:30,920 --> 00:16:34,560 Speaker 1: aggression has come from, which is, we said we would 314 00:16:34,640 --> 00:16:39,800 Speaker 1: not expand NATO into Ukraine and the Baltic States, and 315 00:16:39,840 --> 00:16:43,760 Speaker 1: we promptly expanded NATO into the Baltic States, and we 316 00:16:43,840 --> 00:16:47,720 Speaker 1: invited Ukraine and said specifically that we intend for Ukraine 317 00:16:47,920 --> 00:16:50,280 Speaker 1: and Georgia in order to enter NATO, which is what 318 00:16:50,320 --> 00:16:54,080 Speaker 1: triggered that two thousand and eight incursion of Russia into Georgia. Right, 319 00:16:54,560 --> 00:16:56,880 Speaker 1: we said we wouldn't do it, then we did it, 320 00:16:57,000 --> 00:17:00,600 Speaker 1: and we basically triggered not only the rise of Putin 321 00:17:00,760 --> 00:17:04,600 Speaker 1: and the kind of reventious Russian foreign policy by validating 322 00:17:04,600 --> 00:17:07,280 Speaker 1: their worst concerns about the West and the fall of 323 00:17:07,320 --> 00:17:10,440 Speaker 1: the Soviet Union, so that is driving their concern. Now 324 00:17:10,520 --> 00:17:13,360 Speaker 1: on our side, we seem to have an inability of 325 00:17:13,480 --> 00:17:17,960 Speaker 1: understanding why exactly expansion of the US nuclear umbrella all 326 00:17:18,000 --> 00:17:19,800 Speaker 1: the way up to the borders of the Soviet Union 327 00:17:19,920 --> 00:17:22,800 Speaker 1: or the former Soviet Union and now currently Russia would 328 00:17:22,880 --> 00:17:26,399 Speaker 1: make them paranoid. And it especially does not help whenever 329 00:17:26,440 --> 00:17:29,960 Speaker 1: we do and consider and float options like this. These 330 00:17:29,960 --> 00:17:34,160 Speaker 1: are major things up the escalatory ladder now in terms 331 00:17:34,240 --> 00:17:36,080 Speaker 1: of what the rest of the Western world is doing, 332 00:17:36,200 --> 00:17:39,320 Speaker 1: it's actually totally split. And that's part of the issue. 333 00:17:39,440 --> 00:17:42,760 Speaker 1: The continent itself that we're supposed to defend, Crystal can't 334 00:17:42,800 --> 00:17:46,040 Speaker 1: really agree on what they want. So the Brits are 335 00:17:46,280 --> 00:17:47,720 Speaker 1: very much out in front of us. Go ahead and 336 00:17:47,720 --> 00:17:50,240 Speaker 1: put this up there on the screen. The British say 337 00:17:50,240 --> 00:17:52,960 Speaker 1: that Moscow is plotting to its stall. A pro Russian 338 00:17:53,040 --> 00:17:55,920 Speaker 1: leader in Ukraine, a member of the Ukrainian parliament, somebody 339 00:17:55,960 --> 00:17:58,680 Speaker 1: who is long agreed with Putin. People should also remember 340 00:17:58,760 --> 00:18:01,159 Speaker 1: Ukraine was once part of the US. There is a 341 00:18:01,240 --> 00:18:04,600 Speaker 1: large Russified part of their population who speaks Russian identify 342 00:18:04,960 --> 00:18:08,399 Speaker 1: as ethnically Russian. It's not as clear cut as you know. 343 00:18:08,440 --> 00:18:11,680 Speaker 1: We might make a scene, but the biggest concern here 344 00:18:11,880 --> 00:18:15,240 Speaker 1: around the escalation ladder on the US side, both the 345 00:18:15,240 --> 00:18:19,000 Speaker 1: Biden option, but also a former Secretary of State or sorry, 346 00:18:19,080 --> 00:18:22,080 Speaker 1: current Secretary of State, Anthony Blinkn interviewed on CNN over 347 00:18:22,119 --> 00:18:24,520 Speaker 1: the weekend where he keeps the door open for direct 348 00:18:24,640 --> 00:18:27,640 Speaker 1: US military involvement. Let's take a listen. Do you see 349 00:18:27,640 --> 00:18:32,040 Speaker 1: any scenario in which more US service members become involved here? 350 00:18:33,280 --> 00:18:35,560 Speaker 1: One of the things that we've been very clear about, 351 00:18:36,119 --> 00:18:40,840 Speaker 1: besides the massive economic financial consequences that would defall Russia 352 00:18:40,880 --> 00:18:45,280 Speaker 1: if it further commits seggression against Ukraine, is the ongoing 353 00:18:45,320 --> 00:18:50,880 Speaker 1: continued build up of defense capacity in Ukraine and equally 354 00:18:51,560 --> 00:18:55,560 Speaker 1: continuing to build up NATO's defensive capacities, including on the 355 00:18:55,560 --> 00:18:58,960 Speaker 1: so called Eastern Flank, the countries near Russia, and the 356 00:18:59,000 --> 00:19:03,840 Speaker 1: Alliance is looking at very practical and important measures that 357 00:19:03,880 --> 00:19:05,840 Speaker 1: it would take in the event for the Russian aggression. 358 00:19:06,600 --> 00:19:08,320 Speaker 1: So there you go, Chrys. So opening the doors to 359 00:19:08,400 --> 00:19:10,600 Speaker 1: thousands of US troops now it's being floated in the 360 00:19:10,600 --> 00:19:13,240 Speaker 1: New York Times, is very much a possibility, and it 361 00:19:13,320 --> 00:19:17,479 Speaker 1: would almost certainly escalate tensions within the region. That's exactly right. 362 00:19:17,520 --> 00:19:20,359 Speaker 1: You could see how this could quickly spiral, because I mean, 363 00:19:20,440 --> 00:19:23,040 Speaker 1: the Biden administration thing of this is like, okay, well, 364 00:19:23,040 --> 00:19:26,600 Speaker 1: if he's going to invade in some way, we are 365 00:19:26,640 --> 00:19:28,680 Speaker 1: going to do what he does not want us to do, 366 00:19:29,000 --> 00:19:32,120 Speaker 1: which is to place more troops in the region closer 367 00:19:32,119 --> 00:19:36,120 Speaker 1: to them. But you can see how that significantly escalates 368 00:19:36,119 --> 00:19:38,359 Speaker 1: the tension. Then what do they do in those Then 369 00:19:38,440 --> 00:19:40,679 Speaker 1: they go in, right, and then what are we forced 370 00:19:40,680 --> 00:19:42,640 Speaker 1: to do because we've got all this tough talk. Now 371 00:19:42,640 --> 00:19:44,159 Speaker 1: they're going to pay and we're not going to let 372 00:19:44,160 --> 00:19:47,160 Speaker 1: it happen and all of these things. So where does 373 00:19:47,160 --> 00:19:50,880 Speaker 1: it end? And that's the thing that is very uncomfortable. 374 00:19:50,920 --> 00:19:53,600 Speaker 1: And look, let's be clear. The only people who really 375 00:19:53,640 --> 00:19:56,840 Speaker 1: are interested in some sort of like you know, boots 376 00:19:56,880 --> 00:19:59,359 Speaker 1: on the ground in Ukraine from a US perspective are 377 00:19:59,359 --> 00:20:01,600 Speaker 1: all within the three miles of where we sit right now. 378 00:20:01,640 --> 00:20:03,520 Speaker 1: This is not something that the American people are interested in. 379 00:20:03,600 --> 00:20:07,600 Speaker 1: To your point, it's not. We're way beyond where anyone 380 00:20:07,640 --> 00:20:10,399 Speaker 1: in Europe really is at this point in terms of 381 00:20:10,440 --> 00:20:13,160 Speaker 1: how aggressive they want to be here, even the UK. 382 00:20:13,280 --> 00:20:16,320 Speaker 1: So the other sort of like big show that the 383 00:20:16,320 --> 00:20:21,000 Speaker 1: Biden administration has made is removing some of the families 384 00:20:21,040 --> 00:20:25,359 Speaker 1: of diplomats at the Ukrainian embassy. The Europeans are out 385 00:20:25,560 --> 00:20:28,119 Speaker 1: front saying we don't need this is too alarmed. The 386 00:20:28,320 --> 00:20:32,960 Speaker 1: Ukrainians were like, hey, this is crazy, exactly about last night, 387 00:20:33,000 --> 00:20:34,720 Speaker 1: and then we're like this, why did you do that? 388 00:20:35,600 --> 00:20:40,760 Speaker 1: Exactly right. They said that US moved to withdraw diplomats 389 00:20:40,800 --> 00:20:45,240 Speaker 1: families was premature. The EU is not following the US 390 00:20:45,240 --> 00:20:49,840 Speaker 1: and withdrawing its diplomats. Top European diplomat Joseph Barrell says 391 00:20:50,400 --> 00:20:54,080 Speaker 1: there is no need to dramatize the situation while talks 392 00:20:54,160 --> 00:20:58,800 Speaker 1: with Russia continue. So there's a lot of my read 393 00:20:58,880 --> 00:21:01,720 Speaker 1: of this is by and made his very bumbling comments 394 00:21:01,720 --> 00:21:03,639 Speaker 1: at the presser last week, which I actually kind of 395 00:21:03,720 --> 00:21:05,800 Speaker 1: liked because he was like, yeah, Russia does a little 396 00:21:05,800 --> 00:21:07,879 Speaker 1: bit of an invasion. We'll see what we do with this. 397 00:21:08,800 --> 00:21:12,600 Speaker 1: But there was such tremendous backlash from the Beltway media. 398 00:21:12,680 --> 00:21:16,000 Speaker 1: How can you say that you've Greenland invasion? Now it 399 00:21:16,040 --> 00:21:18,280 Speaker 1: seems to me that they are going over the top 400 00:21:18,359 --> 00:21:20,840 Speaker 1: to signal no, we're really tough and we really mean it, 401 00:21:20,880 --> 00:21:22,439 Speaker 1: and we'll go to war if we need to, and 402 00:21:22,480 --> 00:21:24,560 Speaker 1: we're going to take out the diplomats, families and all 403 00:21:24,600 --> 00:21:27,760 Speaker 1: of that stuff that seems to be what is really 404 00:21:27,800 --> 00:21:32,080 Speaker 1: happening right now with regards to the UK. The other 405 00:21:32,080 --> 00:21:33,640 Speaker 1: thing you have to think of in terms of their 406 00:21:33,680 --> 00:21:38,560 Speaker 1: own domestic political considerations is UK Prime Minister Boris Johnson 407 00:21:38,720 --> 00:21:42,320 Speaker 1: is a lot of trouble right now. Tons of scandals 408 00:21:42,359 --> 00:21:44,679 Speaker 1: there in terms of you know, they had these Lockdow 409 00:21:44,680 --> 00:21:49,160 Speaker 1: image typical hypocrisy. Meanwhile, he's having people over for drinks 410 00:21:49,160 --> 00:21:54,399 Speaker 1: every Friday, which also classic Boris Johnson. I support that, Boris, 411 00:21:54,440 --> 00:21:56,880 Speaker 1: but I just wish he'd let everybody right exactly, you're 412 00:21:56,880 --> 00:21:59,520 Speaker 1: gonna do it, you gotta let everybody do it. So anyway, 413 00:21:59,560 --> 00:22:01,920 Speaker 1: he's an out of trouble. So the other sort of 414 00:22:01,920 --> 00:22:05,080 Speaker 1: political consideration is, oh is he Are they floating this 415 00:22:05,640 --> 00:22:09,199 Speaker 1: and also turning up the heat and the pressure to 416 00:22:09,320 --> 00:22:12,000 Speaker 1: sort of distract from what's going on from him domestic. 417 00:22:12,040 --> 00:22:15,360 Speaker 1: I mean, this is a typical play that world leaders 418 00:22:15,680 --> 00:22:19,399 Speaker 1: have long pursued of when they're in domestic trouble, you 419 00:22:19,440 --> 00:22:23,080 Speaker 1: can use some sort of shiny foreign object and conflict 420 00:22:23,359 --> 00:22:26,040 Speaker 1: to distract from that and take the pressure off of yourself. 421 00:22:26,040 --> 00:22:27,960 Speaker 1: That could be what's going on there with the Brits. 422 00:22:28,040 --> 00:22:30,600 Speaker 1: The other thing is, and remember we have to consider this, 423 00:22:30,640 --> 00:22:34,639 Speaker 1: which is that the argument for getting as involved as 424 00:22:34,680 --> 00:22:38,040 Speaker 1: possible here would be we have to defend the integrity 425 00:22:38,040 --> 00:22:42,240 Speaker 1: of continental Europe. Here's the problem. The continental Europeans don't 426 00:22:42,280 --> 00:22:46,200 Speaker 1: really agree. In fact, the Germans right now are blocking 427 00:22:46,240 --> 00:22:50,399 Speaker 1: other NATO allies from providing lethal aid to Ukraine. Why 428 00:22:50,560 --> 00:22:54,000 Speaker 1: because they want Russian gas and for some adiotic reason 429 00:22:54,119 --> 00:22:57,560 Speaker 1: they have turned away from nuclear power, making themselves even 430 00:22:57,600 --> 00:23:00,920 Speaker 1: more dependent on that state. They are without question the 431 00:23:01,000 --> 00:23:05,480 Speaker 1: largest continental European power within both the military and economic 432 00:23:05,520 --> 00:23:09,159 Speaker 1: perspective in the NATO Alliance. So whenever that is the 433 00:23:09,200 --> 00:23:11,720 Speaker 1: case and they themselves don't want to get involved, you 434 00:23:11,800 --> 00:23:15,959 Speaker 1: also should consider the domestic populations of the actual European nations. 435 00:23:16,160 --> 00:23:18,160 Speaker 1: Put this up there on the screen, which is that. 436 00:23:18,359 --> 00:23:20,399 Speaker 1: Go ahead and take a look at recent polling data 437 00:23:20,480 --> 00:23:24,600 Speaker 1: from actual NATO countries. Fifty three percent of the French 438 00:23:24,920 --> 00:23:29,400 Speaker 1: opposed going to war if a fellow NATO member is attacked, 439 00:23:29,440 --> 00:23:33,359 Speaker 1: so not even Ukraine. Sixty percent of Germans. Likewise, and 440 00:23:33,440 --> 00:23:36,600 Speaker 1: I saw Abamari points out, Ukraine is not even a 441 00:23:36,680 --> 00:23:40,480 Speaker 1: member of the NATO Alliance, so they don't have Article 442 00:23:40,520 --> 00:23:43,719 Speaker 1: five Protection. Now, look, is it true that the West 443 00:23:43,960 --> 00:23:46,840 Speaker 1: did engage in some promises with Ukraine in terms of 444 00:23:47,000 --> 00:23:49,800 Speaker 1: not necessarily guaranteeing their security, but saying that if they 445 00:23:49,800 --> 00:23:52,280 Speaker 1: gave up nuclear weapons that they would have some sort 446 00:23:52,280 --> 00:23:55,480 Speaker 1: of inte listen, like your sanctions and all. That I 447 00:23:55,480 --> 00:23:58,400 Speaker 1: think is fine, or at the very least like some 448 00:23:58,440 --> 00:24:02,200 Speaker 1: sort of backlane by the continental European powers. I think 449 00:24:02,359 --> 00:24:08,200 Speaker 1: wars of territorial conquest are absolutely bad, but increasing thousands 450 00:24:08,240 --> 00:24:12,400 Speaker 1: of US troops into Europe, and again for a country 451 00:24:12,600 --> 00:24:14,960 Speaker 1: of which there is no strategic bent, and I don't 452 00:24:15,000 --> 00:24:17,520 Speaker 1: like to talk this way, but it's Look, this is geopolitics. 453 00:24:17,760 --> 00:24:20,560 Speaker 1: Ukraine is in the Russian sphere of influence. It has 454 00:24:20,600 --> 00:24:22,639 Speaker 1: been for five hundred years. It was part of the 455 00:24:22,760 --> 00:24:26,560 Speaker 1: USSR as recently you know what, nineteen fifty three or whatever, 456 00:24:26,800 --> 00:24:28,720 Speaker 1: it was part of that country. It's been part of 457 00:24:28,760 --> 00:24:30,679 Speaker 1: the Greater Russian Empire for on and off for a 458 00:24:30,720 --> 00:24:33,840 Speaker 1: long time. In terms of its economic relations with the 459 00:24:33,920 --> 00:24:36,600 Speaker 1: United States not really that big. It's not like they 460 00:24:36,680 --> 00:24:39,480 Speaker 1: ship us anything. In particular, they have much more of 461 00:24:39,520 --> 00:24:42,080 Speaker 1: an interest, the Russians do in terms of keeping it 462 00:24:42,119 --> 00:24:45,360 Speaker 1: inside their influence than we do. We have nothing majorly 463 00:24:45,400 --> 00:24:48,560 Speaker 1: strategic at stake here, so it doesn't make a lot 464 00:24:48,600 --> 00:24:51,760 Speaker 1: of sense in order to risk nuclear war. And I 465 00:24:51,800 --> 00:24:54,639 Speaker 1: think that that is the terms of which we should discuss. 466 00:24:54,760 --> 00:24:57,679 Speaker 1: This is real life, This is not a joke, and 467 00:24:58,240 --> 00:25:03,560 Speaker 1: this First World War, the escalatory ladders of not understanding 468 00:25:03,560 --> 00:25:06,200 Speaker 1: where the other side is coming from. The other point 469 00:25:06,320 --> 00:25:08,120 Speaker 1: here I would make is there's a lot of saber 470 00:25:08,200 --> 00:25:10,720 Speaker 1: riding in DC about oh, you know, we got to 471 00:25:10,760 --> 00:25:13,520 Speaker 1: make sure that you know, we appear tough. It's like, 472 00:25:13,600 --> 00:25:17,399 Speaker 1: to what end? Right? To what end does that end? Is? 473 00:25:17,520 --> 00:25:21,200 Speaker 1: I actually could I actually think Biden's comments, the ones 474 00:25:21,280 --> 00:25:23,080 Speaker 1: that sort of fell out of his mouth and everybody 475 00:25:23,160 --> 00:25:25,720 Speaker 1: jumped on him for the process, that probably is where 476 00:25:25,760 --> 00:25:29,000 Speaker 1: he actually is that he doesn't really want to do 477 00:25:29,040 --> 00:25:32,359 Speaker 1: anything too crazy if Russian does just the tip kind 478 00:25:32,400 --> 00:25:36,000 Speaker 1: of invasion that he does. But we've seen before the 479 00:25:36,040 --> 00:25:40,560 Speaker 1: way that commander in chiefs get pulled into this. We've 480 00:25:40,600 --> 00:25:45,600 Speaker 1: seen the incredible powers of manipulation of sorry to use 481 00:25:45,640 --> 00:25:48,639 Speaker 1: the term, the deep state here in Washington. And I 482 00:25:48,640 --> 00:25:52,159 Speaker 1: think that's exactly the process that is playing out right now. 483 00:25:52,520 --> 00:25:54,800 Speaker 1: They pull you in, they say you've got to appeer tough. 484 00:25:54,800 --> 00:25:56,359 Speaker 1: Of course, we're not going to actually do. But you 485 00:25:56,440 --> 00:25:58,760 Speaker 1: gotta you gotta say you're going to send the troops in. 486 00:25:59,040 --> 00:26:01,840 Speaker 1: You gotta say, you got to pull the diplomat's families down, 487 00:26:02,040 --> 00:26:04,320 Speaker 1: You got to ratchet up the pressure. You have to 488 00:26:04,359 --> 00:26:06,640 Speaker 1: make them understand that you're going to be tough. Well, 489 00:26:06,680 --> 00:26:08,960 Speaker 1: once you've said all of those things and you've gone 490 00:26:08,960 --> 00:26:13,240 Speaker 1: out on that limb, then what And that's how presidents 491 00:26:13,280 --> 00:26:17,000 Speaker 1: get pulled into conflicts. As you've said, this is incredibly 492 00:26:17,520 --> 00:26:23,199 Speaker 1: dangerous to nuclear powers. Butting head in this old school, 493 00:26:23,440 --> 00:26:27,560 Speaker 1: throwback Cold War kind of way, Why in the world 494 00:26:27,880 --> 00:26:31,159 Speaker 1: would we care more about policing Europe's borders than the 495 00:26:31,200 --> 00:26:33,480 Speaker 1: Europeans state they don't care. I mean, that's their problem. 496 00:26:33,560 --> 00:26:35,720 Speaker 1: That's ultimately what it comes down to. And that's the 497 00:26:36,000 --> 00:26:38,160 Speaker 1: op ed you were talking about. So is it really 498 00:26:38,200 --> 00:26:40,720 Speaker 1: that crazy for Biden for the American people to groan 499 00:26:41,119 --> 00:26:44,680 Speaker 1: at a supposed duty to police Europe's borders when Europeans 500 00:26:44,720 --> 00:26:47,520 Speaker 1: have been this indifferent this long. No, it is actually 501 00:26:47,880 --> 00:26:53,879 Speaker 1: the height of sanity. So again, all of these rhetorical fins, 502 00:26:53,920 --> 00:26:56,560 Speaker 1: even if they are meant just to be rhetorical fates, 503 00:26:56,920 --> 00:27:00,159 Speaker 1: they get you out on a limb, where then you 504 00:27:00,200 --> 00:27:02,959 Speaker 1: look like a fool if you don't follow through. And 505 00:27:03,000 --> 00:27:05,480 Speaker 1: then what does Putin do? And then they again tell you, 506 00:27:05,520 --> 00:27:07,439 Speaker 1: President Buying, you're going to look like a fool if 507 00:27:07,480 --> 00:27:10,200 Speaker 1: you don't also respond to this aggression. And by the way, 508 00:27:10,240 --> 00:27:12,479 Speaker 1: we've just gotten out of Afghanistan, so the Hawks are 509 00:27:12,560 --> 00:27:15,200 Speaker 1: rich and for some other conflict to pull the American 510 00:27:15,240 --> 00:27:18,840 Speaker 1: people into, and that's what we're seeing play out right now. 511 00:27:18,920 --> 00:27:24,520 Speaker 1: Of course, they've already sent lethal aid to Ukraine. This 512 00:27:24,560 --> 00:27:28,119 Speaker 1: is the US embassy tweeted this out, showing off the 513 00:27:28,160 --> 00:27:31,959 Speaker 1: first Biden lethal aid shipments to arrive. This came in 514 00:27:32,080 --> 00:27:35,440 Speaker 1: very quickly. In total, Washington has issued over two point 515 00:27:35,440 --> 00:27:38,120 Speaker 1: seven billion dollars in what they call defensive aid going 516 00:27:38,160 --> 00:27:41,720 Speaker 1: back to twenty fourteen, with the latest commitment of six 517 00:27:41,800 --> 00:27:46,000 Speaker 1: hundred and fifty million dollars more being pledged last year. 518 00:27:46,840 --> 00:27:50,320 Speaker 1: So you know, there again saber rattling, showing how tough 519 00:27:50,359 --> 00:27:52,879 Speaker 1: they are, showing how serious they are. We also covered 520 00:27:52,960 --> 00:27:56,520 Speaker 1: last week how the CIA has been training a potential 521 00:27:56,560 --> 00:28:00,840 Speaker 1: insurgency for years now, started under Obama, amped under Trump, 522 00:28:01,119 --> 00:28:04,959 Speaker 1: ramped up even further under Biden. So this is the 523 00:28:05,000 --> 00:28:08,680 Speaker 1: type of dangerous situation that we are facing right now. 524 00:28:09,080 --> 00:28:12,040 Speaker 1: Never forget the media has no interest in telling you. 525 00:28:12,520 --> 00:28:15,199 Speaker 1: They want you just to think Putin, is this just 526 00:28:15,760 --> 00:28:19,400 Speaker 1: operating from pure evil that they have no own national interests. 527 00:28:19,440 --> 00:28:22,840 Speaker 1: They never want to explain to you the perspective of 528 00:28:23,280 --> 00:28:26,800 Speaker 1: US adversaries. And that's not even to justify that person. 529 00:28:26,960 --> 00:28:29,600 Speaker 1: Say it's fine, it's good, whatever. But if you want 530 00:28:29,600 --> 00:28:31,800 Speaker 1: to be serious about thinking through these issues, you have 531 00:28:31,880 --> 00:28:35,119 Speaker 1: to understand the way that your opponents are also thinking 532 00:28:35,160 --> 00:28:38,040 Speaker 1: through this issue. And that is where the US media 533 00:28:38,240 --> 00:28:42,880 Speaker 1: is just total propaganda. And you know, effectively by leaving 534 00:28:42,920 --> 00:28:46,320 Speaker 1: that side out of the equation, is effectively lying to 535 00:28:46,360 --> 00:28:48,040 Speaker 1: you about what is really going on. Yeah, I mean, 536 00:28:48,080 --> 00:28:50,600 Speaker 1: I don't know any network out there that will tell 537 00:28:50,640 --> 00:28:54,719 Speaker 1: you that. George Kennan, the father of containment who invented 538 00:28:54,760 --> 00:28:58,160 Speaker 1: the entire Cold War strategy against the Russians, predicted that 539 00:28:58,280 --> 00:29:01,640 Speaker 1: NATO expansion into the Baltic areas into Eastern Europe would 540 00:29:01,640 --> 00:29:04,560 Speaker 1: trigger another conflict with Russia and was rubbing it in 541 00:29:04,600 --> 00:29:06,840 Speaker 1: the face of the fall of the Soviet Union and 542 00:29:06,960 --> 00:29:11,400 Speaker 1: would lead to the rise of Ravanist, very paranoid people 543 00:29:11,480 --> 00:29:15,080 Speaker 1: within Russia aka Putin and the people around him. Putin 544 00:29:15,120 --> 00:29:16,760 Speaker 1: has said that the fall of the Soviet Union, I 545 00:29:16,800 --> 00:29:19,520 Speaker 1: think is like the greatest human tragedy that ever occurred. 546 00:29:19,720 --> 00:29:21,920 Speaker 1: I mean you have to understand the mindset of which 547 00:29:21,920 --> 00:29:24,080 Speaker 1: that they were raised in, and you also have to 548 00:29:24,120 --> 00:29:28,760 Speaker 1: understand of greater Russian history. They have always viewed continental 549 00:29:29,040 --> 00:29:32,200 Speaker 1: defense in depth, and by that I mean other people. 550 00:29:32,560 --> 00:29:35,000 Speaker 1: And I know it's difficult to talk about this because 551 00:29:35,120 --> 00:29:37,400 Speaker 1: there are real lives at stake. If you Ukrainian, I'm sorry, 552 00:29:37,440 --> 00:29:39,719 Speaker 1: I don't think it's fair that you get used as 553 00:29:39,760 --> 00:29:42,680 Speaker 1: ponds in a great continental game. But that's how great 554 00:29:42,760 --> 00:29:46,479 Speaker 1: geopolitics works. Russia is a nuclear power. That's how they 555 00:29:46,560 --> 00:29:49,479 Speaker 1: view both the Baltic States and Ukraine. They see it 556 00:29:49,520 --> 00:29:52,280 Speaker 1: as much more of a stronger security interest, both in 557 00:29:52,360 --> 00:29:54,960 Speaker 1: terms of being able to remind the globe that they 558 00:29:55,040 --> 00:29:58,120 Speaker 1: are still a global player with nukes that can influence 559 00:29:58,160 --> 00:30:01,120 Speaker 1: global events and also saying, hey, don't get any big 560 00:30:01,160 --> 00:30:03,600 Speaker 1: ideas you think you can't come over here and just 561 00:30:03,640 --> 00:30:05,960 Speaker 1: you know, continue to expand in our neighborhood and just 562 00:30:06,040 --> 00:30:09,000 Speaker 1: pay zero price for it. So the history of US 563 00:30:09,000 --> 00:30:12,200 Speaker 1: policy posts that fall of the Cold War has made 564 00:30:12,240 --> 00:30:15,040 Speaker 1: it so that. Look, we intervened in Kosovo in the 565 00:30:15,040 --> 00:30:18,880 Speaker 1: traditional you know, USSR sphere of influence. We expanded NATO, 566 00:30:19,560 --> 00:30:22,840 Speaker 1: We invited Ukraine and Georgia into the NATO Alliance. I mean, 567 00:30:22,840 --> 00:30:26,800 Speaker 1: this was this was seen with no There was no 568 00:30:26,920 --> 00:30:30,440 Speaker 1: controversy about that. In Washington at the zero everybody here 569 00:30:30,560 --> 00:30:34,440 Speaker 1: was like, oh, yeah, it's the best thing ever. Rubber stamp, boom, Russia, 570 00:30:34,640 --> 00:30:37,360 Speaker 1: go ahead, invades Georgia. It was like a slap in 571 00:30:37,400 --> 00:30:41,120 Speaker 1: the face of history returning. And I think that people 572 00:30:41,160 --> 00:30:43,760 Speaker 1: need to understand that history did not begin in nineteen 573 00:30:43,840 --> 00:30:46,120 Speaker 1: ninety one. It's going on for a long time. The 574 00:30:46,200 --> 00:30:48,320 Speaker 1: last thing I want to say here in terms of 575 00:30:48,320 --> 00:30:52,880 Speaker 1: how totally psychotic some of the people who were treated 576 00:30:53,000 --> 00:30:56,760 Speaker 1: very seriously here in those in this town are when 577 00:30:56,800 --> 00:30:59,080 Speaker 1: it comes to these sorts of issues in that same 578 00:30:59,080 --> 00:31:01,160 Speaker 1: New York Times are to where they're talking about, all right, 579 00:31:01,160 --> 00:31:05,040 Speaker 1: Biden's weighing sending thousands more troops, they say. Another former 580 00:31:05,080 --> 00:31:08,960 Speaker 1: top Pentagon official for Russia policy, Jim Townsend, said that 581 00:31:09,120 --> 00:31:13,080 Speaker 1: even that proposal didn't go far enough. Quote, it's too little, 582 00:31:13,120 --> 00:31:16,000 Speaker 1: too late to deter putin. Mister Townsend said in an email. 583 00:31:16,280 --> 00:31:18,480 Speaker 1: If the Russians do invade Ukraine in a few weeks, 584 00:31:18,480 --> 00:31:21,880 Speaker 1: those five thousands should just be a down payment for 585 00:31:22,000 --> 00:31:27,120 Speaker 1: a much larger US and Allied force presence. Quote Western 586 00:31:27,200 --> 00:31:32,080 Speaker 1: Europe should once again be an armed camp. That's the 587 00:31:32,080 --> 00:31:35,560 Speaker 1: way people who are being taken seriously on this, that's 588 00:31:35,600 --> 00:31:38,800 Speaker 1: the sort of things that they're thinking, even these thousands 589 00:31:38,800 --> 00:31:42,200 Speaker 1: of troops escalation that Biden is contemplating, that that's not enough. 590 00:31:42,200 --> 00:31:44,120 Speaker 1: That you know, if Putin invades and we're going to 591 00:31:44,160 --> 00:31:46,880 Speaker 1: have to do way more than that, Western Europe should 592 00:31:46,920 --> 00:31:50,320 Speaker 1: once again be an armed camp. Those are the sorts 593 00:31:50,400 --> 00:31:56,480 Speaker 1: of words and thoughts and ideological direction that should absolutely terrify. 594 00:31:56,560 --> 00:31:59,320 Speaker 1: That's nuts. I have sorry one last thing. You guys 595 00:31:59,320 --> 00:32:03,680 Speaker 1: will remember Alexander Vinman, the heroic colonel who sparked Ukraine 596 00:32:03,760 --> 00:32:06,120 Speaker 1: Gate and all that. This guy has been all over 597 00:32:06,200 --> 00:32:08,680 Speaker 1: cable news the last twenty four hours, where he has 598 00:32:08,680 --> 00:32:13,200 Speaker 1: been pronouncing quote, war is coming to Europe. He says 599 00:32:13,400 --> 00:32:16,480 Speaker 1: that the US is going to get involved whether they 600 00:32:16,600 --> 00:32:19,160 Speaker 1: like it or not. Literally, war is coming to Europe. 601 00:32:19,200 --> 00:32:21,800 Speaker 1: The US was sucked into the European Wars twice. Here 602 00:32:21,880 --> 00:32:23,600 Speaker 1: is my new op ed on how we mitigate the 603 00:32:23,640 --> 00:32:26,400 Speaker 1: risk to US national security. He is all but saying 604 00:32:26,440 --> 00:32:30,200 Speaker 1: that war is inevitable on the continent. You got news 605 00:32:30,240 --> 00:32:32,400 Speaker 1: to the Europeans. But these are the people who are 606 00:32:32,440 --> 00:32:37,120 Speaker 1: elevated to the worst highest parts and heroically made amongst 607 00:32:37,160 --> 00:32:40,080 Speaker 1: a democratic base and amongst MSNBC and all these people 608 00:32:40,200 --> 00:32:42,360 Speaker 1: who take their word as gospel. He stood up to 609 00:32:42,400 --> 00:32:45,280 Speaker 1: the big bad Trump. And now this nutcase wants us 610 00:32:45,320 --> 00:32:48,480 Speaker 1: to have a full blown war on the European continent 611 00:32:48,680 --> 00:32:53,160 Speaker 1: with Russia over Ukraine. That was not even a possibility 612 00:32:53,520 --> 00:32:55,920 Speaker 1: in the US at the height of the Cold War 613 00:32:56,240 --> 00:32:59,080 Speaker 1: in nineteen fifty two. If you had said, yeah, we're 614 00:32:59,080 --> 00:33:02,040 Speaker 1: going to go to war over Ukraine, Eisenhower and John 615 00:33:02,120 --> 00:33:03,880 Speaker 1: Foster Dollis and all those would have been like, are 616 00:33:03,920 --> 00:33:07,200 Speaker 1: you nuts? That's part of the USSR. And yet here 617 00:33:07,240 --> 00:33:10,640 Speaker 1: we are twenty twenty two, and it's somehow gotten even crazier. 618 00:33:10,960 --> 00:33:17,640 Speaker 1: What a world. Speaking of neo cons Dan Crenshaw with 619 00:33:17,760 --> 00:33:20,960 Speaker 1: some very interesting new comments. So before we play you 620 00:33:21,040 --> 00:33:24,320 Speaker 1: exactly what he said, you will recall that Unusual Wales 621 00:33:24,360 --> 00:33:27,640 Speaker 1: has put out that report of trades by Members of 622 00:33:27,680 --> 00:33:32,320 Speaker 1: Congress which show that Representative Dan Crenshaw has got the 623 00:33:32,360 --> 00:33:36,680 Speaker 1: fifth largest return in all of Congress. Now, Crenshaw had 624 00:33:36,720 --> 00:33:40,120 Speaker 1: not yet been pressed on this report up until recently 625 00:33:40,320 --> 00:33:43,480 Speaker 1: where he actually appeared on a podcast. And I want 626 00:33:43,480 --> 00:33:46,920 Speaker 1: to give a special shout out actually to this interviewer 627 00:33:46,920 --> 00:33:48,959 Speaker 1: because he did not let it go. He pressed him 628 00:33:49,000 --> 00:33:51,320 Speaker 1: over and over again. This is from the All American 629 00:33:51,400 --> 00:33:56,120 Speaker 1: Savage Show. And when Crenshaw appeared, the interviewer not only 630 00:33:56,160 --> 00:33:58,040 Speaker 1: presses him on why you would have to know why 631 00:33:58,080 --> 00:34:01,040 Speaker 1: it looks bad, he actually gets Crenshaw to disclose some 632 00:34:01,160 --> 00:34:04,840 Speaker 1: of the details on that trades and all but admit that, yeah, 633 00:34:05,000 --> 00:34:07,760 Speaker 1: you know, I understand why people make it looks bad, 634 00:34:07,960 --> 00:34:10,359 Speaker 1: but the reason why it should be allowed is because 635 00:34:10,440 --> 00:34:12,319 Speaker 1: us as members of Congress, we don't get paid enough. 636 00:34:12,360 --> 00:34:14,920 Speaker 1: You see, we're living a very poor life, a very 637 00:34:14,960 --> 00:34:18,680 Speaker 1: paltry lifestyle. I'm not exaggerating. That's literally what he says. 638 00:34:18,800 --> 00:34:21,360 Speaker 1: Let's take a listen. There is one topic that I 639 00:34:21,400 --> 00:34:23,360 Speaker 1: definitely want to get straight from the horse's mouth on 640 00:34:23,400 --> 00:34:25,600 Speaker 1: this one. It wasn't very long ago that Nancy Pelosi 641 00:34:25,680 --> 00:34:27,919 Speaker 1: was asked a question regards to can member sitting members 642 00:34:27,960 --> 00:34:30,560 Speaker 1: of Congress or should they be allowed to have direct 643 00:34:30,560 --> 00:34:33,399 Speaker 1: involvement in the trading in the stock market and things 644 00:34:33,440 --> 00:34:36,320 Speaker 1: such as that, and she said, yes, it's a capitalist society. 645 00:34:36,360 --> 00:34:38,239 Speaker 1: She supports that. And there was an article that was 646 00:34:38,239 --> 00:34:41,520 Speaker 1: just published about yourself. I'm pretty sure you're probably aware 647 00:34:41,560 --> 00:34:43,560 Speaker 1: of this, and basically talked about I'd seen some turning 648 00:34:43,600 --> 00:34:45,919 Speaker 1: point people posting about this, and said this is coming 649 00:34:45,920 --> 00:34:48,440 Speaker 1: from Texas Signals saying Dan Crenshaw's stock trading you able 650 00:34:48,480 --> 00:34:52,640 Speaker 1: to the fifth highest return in Congress, basically pointing out 651 00:34:52,680 --> 00:34:56,040 Speaker 1: that your campaign had received a donation from Boeing, they 652 00:34:56,080 --> 00:34:59,760 Speaker 1: had lobbied things such as that. Where do you stand 653 00:34:59,800 --> 00:35:02,239 Speaker 1: on the number two twofold question? Do you believe that 654 00:35:02,280 --> 00:35:04,759 Speaker 1: sitting members of Congress should be allowed to trade in 655 00:35:04,760 --> 00:35:06,720 Speaker 1: the stock market even though you kind of have direct 656 00:35:06,719 --> 00:35:10,040 Speaker 1: insight and somewhat control over how that flow goes in 657 00:35:10,080 --> 00:35:14,239 Speaker 1: which government favorite corporations you get where I'm going, let's 658 00:35:14,320 --> 00:35:16,120 Speaker 1: let's start with that one first. Where do you stand 659 00:35:16,120 --> 00:35:20,120 Speaker 1: on that? I mean, I think it'd be fine if 660 00:35:20,160 --> 00:35:23,319 Speaker 1: you wanted to ban individual stock trading. Notice that said 661 00:35:23,320 --> 00:35:28,080 Speaker 1: individual stocks, But what of course as opposed to as 662 00:35:28,080 --> 00:35:32,480 Speaker 1: opposed to ETFs in DEXes. You know, I I'm kind 663 00:35:32,520 --> 00:35:35,600 Speaker 1: of neutral on it, Like, if if you want only 664 00:35:36,040 --> 00:35:39,719 Speaker 1: millionaires and billionaires to run for Congress. Then then keep 665 00:35:39,719 --> 00:35:41,680 Speaker 1: making sure that we can't raise our pay, that we 666 00:35:41,719 --> 00:35:43,480 Speaker 1: can't get a housing stype in that we have to 667 00:35:43,560 --> 00:35:47,440 Speaker 1: just spend, spend or pay rent in two different places. 668 00:35:47,880 --> 00:35:50,719 Speaker 1: That's fine, if if you want to if if that's 669 00:35:50,760 --> 00:35:53,520 Speaker 1: what you want to support, but just keep in mind 670 00:35:53,680 --> 00:35:55,760 Speaker 1: that no one will, no one will run for Congress 671 00:35:56,400 --> 00:36:00,680 Speaker 1: because it's it's you have no way to better yourself. 672 00:36:00,680 --> 00:36:03,400 Speaker 1: You have no way to better yourself. Last time I checked, 673 00:36:03,719 --> 00:36:06,480 Speaker 1: these guys job was not to better themselves. It was 674 00:36:06,520 --> 00:36:09,920 Speaker 1: to better the lives of the people that they represent. 675 00:36:10,000 --> 00:36:12,319 Speaker 1: About that, and just to give you an idea, these 676 00:36:12,320 --> 00:36:15,839 Speaker 1: people make one hundred and seventy four thousand dollars per year. 677 00:36:16,080 --> 00:36:19,640 Speaker 1: Whenever Crenshaw and these people complain about this, what they 678 00:36:19,680 --> 00:36:23,600 Speaker 1: really mean is I cannot afford the lifestyle of all 679 00:36:23,680 --> 00:36:26,359 Speaker 1: of the rich people of whom I comport myself with 680 00:36:26,920 --> 00:36:30,120 Speaker 1: as a member of Congress. You can pay just fine, 681 00:36:30,160 --> 00:36:32,360 Speaker 1: by the way, on one hundred and seventy four thousand 682 00:36:32,440 --> 00:36:35,120 Speaker 1: dollars per year, if you live in a modest house 683 00:36:35,400 --> 00:36:38,200 Speaker 1: of your district, and if you were to rent like 684 00:36:38,360 --> 00:36:40,719 Speaker 1: a cheap hotel or whatever, here in Washington. I have 685 00:36:40,719 --> 00:36:42,800 Speaker 1: friends who were staffers on Capitol Hill were really pissed 686 00:36:42,840 --> 00:36:45,319 Speaker 1: off by that because they contacted me and said, you know, 687 00:36:45,560 --> 00:36:48,799 Speaker 1: the congressmen and all people who work on Capitol Hill 688 00:36:49,040 --> 00:36:52,160 Speaker 1: make many multiples less of this and are expected to 689 00:36:52,239 --> 00:36:55,080 Speaker 1: live in Washington, D C. And they made it just 690 00:36:55,120 --> 00:36:58,160 Speaker 1: completely fine. So little they make, like this is not 691 00:36:58,200 --> 00:37:00,000 Speaker 1: a joke. Guy, it's like twenty eight thousand dollars, Yeah, 692 00:37:00,080 --> 00:37:03,080 Speaker 1: starting salary, which is really which is a real problem 693 00:37:03,200 --> 00:37:06,400 Speaker 1: because then yeah, basically the only people who can afford 694 00:37:06,480 --> 00:37:08,680 Speaker 1: to do it are people who and live in Washington, 695 00:37:09,040 --> 00:37:12,359 Speaker 1: are people whose parents can help finance them here, and 696 00:37:12,400 --> 00:37:15,880 Speaker 1: so it does create this pipeline of just basically affluent 697 00:37:15,920 --> 00:37:20,080 Speaker 1: staffers and very hard for working class people to make it. Ultimately, 698 00:37:20,120 --> 00:37:24,120 Speaker 1: in that world, it's absurd and it's disgusting and it's 699 00:37:24,200 --> 00:37:28,799 Speaker 1: so revealing. They don't see themselves as public servants. They're 700 00:37:28,800 --> 00:37:33,360 Speaker 1: here to enrich themselves. They're here to fatten their employment prospects. 701 00:37:33,400 --> 00:37:35,319 Speaker 1: I mean, that's what they're all angling for. Like, if 702 00:37:35,360 --> 00:37:37,960 Speaker 1: you want to understand what Kirson Cinema's doing, for example, 703 00:37:38,120 --> 00:37:41,000 Speaker 1: she doesn't care about like winning the next Senate seed 704 00:37:41,040 --> 00:37:42,960 Speaker 1: she cares about how much she's going to cash in 705 00:37:43,000 --> 00:37:45,120 Speaker 1: when she gets out of here, and that is not 706 00:37:45,600 --> 00:37:49,040 Speaker 1: in any way unique. And you see them using whatever 707 00:37:49,080 --> 00:37:51,520 Speaker 1: they can while they're in office to cash in while 708 00:37:51,560 --> 00:37:55,040 Speaker 1: they are still in office, as Dan Crenshaw has done 709 00:37:55,239 --> 00:38:00,040 Speaker 1: extraordinarily effectively fifth best apparently among him and all of 710 00:38:00,080 --> 00:38:03,360 Speaker 1: his colleagues. So yeah, it tells you so much about 711 00:38:03,360 --> 00:38:05,600 Speaker 1: the mindset. And here's another thing, because you know, a 712 00:38:05,640 --> 00:38:09,000 Speaker 1: particular interest of mine has been getting more working class 713 00:38:09,040 --> 00:38:12,640 Speaker 1: people into Congress, because look, it doesn't solve anything everything, 714 00:38:13,160 --> 00:38:17,840 Speaker 1: but having more people who live and know normal Americans 715 00:38:18,200 --> 00:38:21,480 Speaker 1: would definitely benefit us in terms of the types of 716 00:38:21,480 --> 00:38:24,480 Speaker 1: policies that they would ultimately pursue, rather than seeing themselves 717 00:38:24,480 --> 00:38:27,600 Speaker 1: in this elite social set that they actually are in 718 00:38:27,680 --> 00:38:30,280 Speaker 1: touch with the real lives and real concerns of ordinary 719 00:38:30,280 --> 00:38:33,640 Speaker 1: Americans would be a wonderful thing. There has been zero 720 00:38:33,920 --> 00:38:37,560 Speaker 1: improvement in terms of what class people are coming from 721 00:38:38,000 --> 00:38:40,440 Speaker 1: when they represent us in Congress and state houses around 722 00:38:40,440 --> 00:38:43,640 Speaker 1: the country, even as gender and racial diversity has improved. 723 00:38:43,960 --> 00:38:46,640 Speaker 1: And it has nothing to do with the salary not 724 00:38:46,800 --> 00:38:50,239 Speaker 1: being enough. You take an ordinary working class person, say hey, 725 00:38:50,280 --> 00:38:52,239 Speaker 1: you get to Congress, you're gonna make one hundred seventy K. 726 00:38:52,360 --> 00:38:55,680 Speaker 1: They think that was a pretty good deal. The problem 727 00:38:55,800 --> 00:38:58,680 Speaker 1: comes from the fact that you have before you can 728 00:38:58,760 --> 00:39:00,800 Speaker 1: even walk in and you know, get through the gates 729 00:39:00,840 --> 00:39:03,359 Speaker 1: of the Democratic Party or the Republican Party, they want 730 00:39:03,400 --> 00:39:06,480 Speaker 1: to see that you either are personally rich or that 731 00:39:06,560 --> 00:39:10,399 Speaker 1: your social circle is personally rich. Then if you can 732 00:39:10,640 --> 00:39:14,640 Speaker 1: somehow manage to raise through grassroots support enough money for 733 00:39:14,680 --> 00:39:18,600 Speaker 1: the parties to take you seriously, then you face overwhelming 734 00:39:18,640 --> 00:39:23,000 Speaker 1: contempt from the elites in the party and the donor class, 735 00:39:23,160 --> 00:39:26,480 Speaker 1: who think that if you're not an Ivy League educated whatever, 736 00:39:26,560 --> 00:39:29,879 Speaker 1: then you can't possibly understand the problems of the nation 737 00:39:30,280 --> 00:39:33,239 Speaker 1: to be able to effectively run and serve an office. 738 00:39:33,400 --> 00:39:36,600 Speaker 1: That's why you end up with so little class diversity. 739 00:39:36,600 --> 00:39:40,200 Speaker 1: There's all these gatekeeping mechanisms to keep working class people 740 00:39:40,480 --> 00:39:43,799 Speaker 1: from running successfully for Congress. It has nothing to do 741 00:39:43,920 --> 00:39:46,560 Speaker 1: with making one hundred and seventy k. Once you get there, 742 00:39:46,600 --> 00:39:50,600 Speaker 1: so extraordinarily revealing comments about what these people actually think 743 00:39:50,600 --> 00:39:52,279 Speaker 1: they're doing here in Washington. Another thing I want to 744 00:39:52,280 --> 00:39:54,319 Speaker 1: point out is that when they say you have no 745 00:39:54,360 --> 00:39:57,240 Speaker 1: way to better yourself, you could better yourself by doing 746 00:39:57,280 --> 00:40:00,280 Speaker 1: what the rest of us working stiffs do or Crystal 747 00:40:00,320 --> 00:40:02,840 Speaker 1: and I did. You can start your own company, you could. 748 00:40:02,960 --> 00:40:05,680 Speaker 1: You can leave Congress tomorrow. You can go and work 749 00:40:05,719 --> 00:40:08,680 Speaker 1: for somebody if you really have the skills. Here's the truth. 750 00:40:09,080 --> 00:40:12,640 Speaker 1: Most of them have no actual skills. They have no 751 00:40:12,719 --> 00:40:15,520 Speaker 1: ability to make any real money out in the private sector. 752 00:40:15,719 --> 00:40:19,239 Speaker 1: Their only value, add is here in DC trying to 753 00:40:19,280 --> 00:40:21,760 Speaker 1: rig the systems of power, working on behalf of the power. 754 00:40:21,960 --> 00:40:24,000 Speaker 1: Well here's the other thing I love during that interview, 755 00:40:24,120 --> 00:40:26,680 Speaker 1: this ranger of the all the all, what is it 756 00:40:26,719 --> 00:40:29,719 Speaker 1: all American savage? I think all American savage. Again. I 757 00:40:29,840 --> 00:40:32,000 Speaker 1: give a lot of credit to this guy because he 758 00:40:32,160 --> 00:40:33,960 Speaker 1: was like, well, okay, how much did you make? And 759 00:40:34,040 --> 00:40:36,920 Speaker 1: Crenshaw goes, look, it was only twenty thousand dollars. Only 760 00:40:37,000 --> 00:40:39,560 Speaker 1: twenty thousand, okay, I just looked it up. He makes 761 00:40:39,600 --> 00:40:41,560 Speaker 1: one hundred and seventy four thousand dollars a year. That 762 00:40:41,719 --> 00:40:45,040 Speaker 1: is eleven percent of his total take of the year 763 00:40:45,120 --> 00:40:47,960 Speaker 1: twenty twenty. That's actually a lot of money. Then he 764 00:40:48,040 --> 00:40:50,040 Speaker 1: presses him and goes, did you buy individual stocks? You 765 00:40:50,120 --> 00:40:52,360 Speaker 1: about Boeing right, And Crenshaw was like, yeah, you know, 766 00:40:52,480 --> 00:40:55,600 Speaker 1: like two thousand dollars, and so all American Savage goes again, 767 00:40:55,680 --> 00:40:57,960 Speaker 1: he goes, well, have you ever met with any boeing 768 00:40:58,080 --> 00:41:01,399 Speaker 1: lobbyists before? And he's like, look, I'm sure they've been 769 00:41:01,480 --> 00:41:04,560 Speaker 1: present at my events, and he goes, can you understand 770 00:41:04,600 --> 00:41:08,920 Speaker 1: then and see why people would be so specially when 771 00:41:08,920 --> 00:41:11,319 Speaker 1: Crenshaw goes, look, they don't tell us anything. He's like, 772 00:41:11,560 --> 00:41:14,640 Speaker 1: he goes, I think you guys dramatically overestimate how you 773 00:41:14,640 --> 00:41:18,040 Speaker 1: know the amount of insider knowledge and all this. I'm serious, 774 00:41:18,080 --> 00:41:20,160 Speaker 1: it's too long to play at all. I really want 775 00:41:20,320 --> 00:41:22,680 Speaker 1: everybody to go and listen to this full interview because 776 00:41:22,760 --> 00:41:26,640 Speaker 1: Crenshaw is so full of it, a some sob story 777 00:41:26,640 --> 00:41:30,040 Speaker 1: about he's too poor to afford living in two places. No, 778 00:41:30,040 --> 00:41:31,960 Speaker 1: no, no no, you can afford it, just fine, just not 779 00:41:32,000 --> 00:41:33,480 Speaker 1: the way that you want to live large and you 780 00:41:33,480 --> 00:41:35,319 Speaker 1: don't have enough skills to actually do anything in the 781 00:41:35,320 --> 00:41:37,799 Speaker 1: private sector. That's the reason why they want to get 782 00:41:37,840 --> 00:41:40,600 Speaker 1: paid more. And then b just writing it off as 783 00:41:40,600 --> 00:41:43,600 Speaker 1: if it's some public conspiracy theory to think that these 784 00:41:43,640 --> 00:41:46,279 Speaker 1: people who lie for a living would not lie to 785 00:41:46,400 --> 00:41:48,880 Speaker 1: us and ask them to they want us to trust 786 00:41:48,880 --> 00:41:54,000 Speaker 1: them and their intentions. Hell no, Congress remove all the barriers. 787 00:41:54,040 --> 00:41:57,239 Speaker 1: And to your point, this is so dramatically popular that 788 00:41:57,280 --> 00:42:00,399 Speaker 1: even Nancy Pelosi, the Queen of trading herself, has now 789 00:42:00,440 --> 00:42:02,440 Speaker 1: had to fold and say, look, if the members of 790 00:42:02,480 --> 00:42:04,600 Speaker 1: Congress want to do it, then I support it. Let's 791 00:42:04,600 --> 00:42:08,320 Speaker 1: take a listen. So when people talk about, well somebody 792 00:42:08,360 --> 00:42:13,000 Speaker 1: might do this and somebody, I think I trust our members. 793 00:42:13,160 --> 00:42:17,480 Speaker 1: If in fact we should have severe penalties for delay 794 00:42:17,520 --> 00:42:20,239 Speaker 1: and reporting on stock, then do that. I've said to 795 00:42:20,280 --> 00:42:24,279 Speaker 1: the House Administration Committee, review all the bills that are 796 00:42:24,280 --> 00:42:28,520 Speaker 1: coming in and see which ones where the support is 797 00:42:28,920 --> 00:42:32,719 Speaker 1: in our caucus. I think there are two letters each 798 00:42:32,760 --> 00:42:35,520 Speaker 1: has like fourteen members signing it so far. Maybe more 799 00:42:35,560 --> 00:42:38,200 Speaker 1: will come, but that's what we have seen. But I 800 00:42:38,280 --> 00:42:42,759 Speaker 1: do I do come down always in favor of trusting 801 00:42:42,880 --> 00:42:46,439 Speaker 1: our members. Now, if the impression that is given by 802 00:42:46,520 --> 00:42:49,799 Speaker 1: some that somebody's doing insider for that's a nation, that's 803 00:42:49,800 --> 00:42:54,760 Speaker 1: a Justice department issue. Take that's a Justice department issue, 804 00:42:54,800 --> 00:42:58,880 Speaker 1: and that has no place in any of this. But 805 00:42:59,040 --> 00:43:04,319 Speaker 1: to give a blanket attitude of we can't do this 806 00:43:04,440 --> 00:43:06,719 Speaker 1: and we can't do that because we can't be trust it, 807 00:43:06,800 --> 00:43:08,799 Speaker 1: I just don't buy into that. But if members weren't 808 00:43:08,840 --> 00:43:12,440 Speaker 1: to do that. I'm okay with it. Oh yeah, I 809 00:43:12,480 --> 00:43:14,799 Speaker 1: still don't support it, but if they want to do it, 810 00:43:14,840 --> 00:43:17,600 Speaker 1: I'm aware. Maybe I'm okay. Yeah, because you're retiring. That's 811 00:43:17,600 --> 00:43:20,439 Speaker 1: why you're okay. Yeah. I mean it is like this 812 00:43:20,960 --> 00:43:23,680 Speaker 1: shouldn't count for progress, but it does. It is her 813 00:43:23,719 --> 00:43:26,719 Speaker 1: previous chalments. Her previous comments were like, no, it's the 814 00:43:26,719 --> 00:43:29,160 Speaker 1: free market and people should be able to engage in that. 815 00:43:30,239 --> 00:43:33,440 Speaker 1: I love her framing though, of like I trust the 816 00:43:33,520 --> 00:43:36,520 Speaker 1: members of Congress. We don't trust the members of Congress. 817 00:43:36,520 --> 00:43:38,480 Speaker 1: It's not really about whether you trust them, it's about 818 00:43:38,480 --> 00:43:41,200 Speaker 1: whether we trust them. And the bottom line is the 819 00:43:41,280 --> 00:43:43,799 Speaker 1: numbers don't lie. And this is why Unusual Whales has 820 00:43:43,840 --> 00:43:46,840 Speaker 1: been so important because by doing the work of crunching 821 00:43:46,840 --> 00:43:49,640 Speaker 1: the numbers, you can see, Oh, turns out you guys 822 00:43:49,680 --> 00:43:52,680 Speaker 1: outperformed market. Oh turns out you outperform some of the 823 00:43:52,800 --> 00:43:54,960 Speaker 1: like you know, most highly like the people who are 824 00:43:55,000 --> 00:43:58,160 Speaker 1: supposed to be extracts at this. Turns out you all 825 00:43:58,200 --> 00:44:01,680 Speaker 1: somehow are better at it. Interesting. We got to see 826 00:44:01,719 --> 00:44:05,279 Speaker 1: how Yeah, oh, you're on a significant defense committee and 827 00:44:05,320 --> 00:44:08,200 Speaker 1: then you're buying stock in Boeing and raytheon and these 828 00:44:08,239 --> 00:44:10,920 Speaker 1: other things. Or oh, you claim publicly to be some 829 00:44:11,040 --> 00:44:14,200 Speaker 1: big tech critic, meanwhile you're making money off when the 830 00:44:14,239 --> 00:44:17,279 Speaker 1: tech stocks go up. Or oh, hey, you had a 831 00:44:17,280 --> 00:44:21,120 Speaker 1: bunch of like an insider briefing on the pandemic and 832 00:44:21,160 --> 00:44:23,520 Speaker 1: what was coming, and then you dumped a bunch of stocks. 833 00:44:23,560 --> 00:44:25,920 Speaker 1: That's kind of weird. Why'd you do that? We have 834 00:44:26,040 --> 00:44:28,879 Speaker 1: just been able to see through the transparency and through 835 00:44:28,920 --> 00:44:32,800 Speaker 1: the analytical data crunching of people like unusual Whales, exactly 836 00:44:32,840 --> 00:44:36,400 Speaker 1: what's going on. And so listen, if you're not insider trading, 837 00:44:36,480 --> 00:44:38,080 Speaker 1: if this is all on the up and up, then 838 00:44:38,120 --> 00:44:40,360 Speaker 1: you shouldn't be concerned about this. You know, if we 839 00:44:40,400 --> 00:44:43,000 Speaker 1: could ban trading and get somebody like crunch Hour retire, 840 00:44:43,120 --> 00:44:45,759 Speaker 1: that's a public service in my opinion. Well that's the thing, Okay, 841 00:44:45,920 --> 00:44:49,080 Speaker 1: go better yourself. How much how much would we see 842 00:44:49,200 --> 00:44:52,359 Speaker 1: of how many people would retire once they were no 843 00:44:52,440 --> 00:44:56,840 Speaker 1: longer able to better themselves through using insider knowledge to 844 00:44:57,080 --> 00:44:59,440 Speaker 1: play the stock market. It would at least we're not 845 00:44:59,560 --> 00:45:03,520 Speaker 1: a few too pretenders who are not public servants at all, 846 00:45:03,560 --> 00:45:05,799 Speaker 1: who were just there ultimately to cash in, and they 847 00:45:05,800 --> 00:45:08,160 Speaker 1: can leave their office and go cash in his lobbyist 848 00:45:08,239 --> 00:45:10,160 Speaker 1: even quicker, which is a whole other problem that we 849 00:45:10,200 --> 00:45:12,600 Speaker 1: also need to deal with. That's right, okay, let's speaking 850 00:45:12,640 --> 00:45:16,520 Speaker 1: of rigged systems. This is the craziest story that I've 851 00:45:16,520 --> 00:45:19,080 Speaker 1: seen in a long time. Thank you to the anti 852 00:45:19,239 --> 00:45:21,719 Speaker 1: work subreddit for flagging it for us. Let's go ahead 853 00:45:21,719 --> 00:45:23,720 Speaker 1: and put that up on the screen, giving them credit 854 00:45:23,960 --> 00:45:27,560 Speaker 1: for popularizing this. So here's what they says. Judge allows 855 00:45:27,600 --> 00:45:33,000 Speaker 1: healthcare system to prevent at will employees from accepting better 856 00:45:33,080 --> 00:45:36,480 Speaker 1: offers at a competing hospital by granting an injunction to 857 00:45:36,520 --> 00:45:39,640 Speaker 1: prevent them from starting new positions on Monday. I'm going 858 00:45:39,719 --> 00:45:43,360 Speaker 1: to butcher the name. I'm sorry, Appleton, Wisconsin, Ottagamy, I 859 00:45:43,400 --> 00:45:48,080 Speaker 1: think out of Gamey County Circuit Court Judge Mark McGinnis 860 00:45:48,120 --> 00:45:52,279 Speaker 1: has granted FATA Care's requests to temporarily block seven of 861 00:45:52,320 --> 00:45:55,879 Speaker 1: its employees who had applied for and accepted jobs at 862 00:45:55,880 --> 00:45:59,960 Speaker 1: ascension from beginning work there on Monday until the health 863 00:46:00,160 --> 00:46:04,600 Speaker 1: system could find replacements for them. Get this, Each of 864 00:46:04,640 --> 00:46:08,200 Speaker 1: the employees were employed at will, meaning they were not 865 00:46:08,360 --> 00:46:11,040 Speaker 1: under any obligation to stay there for a certain period 866 00:46:11,040 --> 00:46:14,080 Speaker 1: of time, and one of the employees who approached them 867 00:46:14,120 --> 00:46:16,880 Speaker 1: with the chance to match The offers wrote in a 868 00:46:17,000 --> 00:46:19,759 Speaker 1: letter that they were told the long term expense that 869 00:46:19,840 --> 00:46:23,000 Speaker 1: data care was not worth the short term costs. No 870 00:46:23,160 --> 00:46:26,240 Speaker 1: counter offer was made. So this is from the Post 871 00:46:26,239 --> 00:46:29,040 Speaker 1: and the Crescent, its local news. What they point to 872 00:46:29,400 --> 00:46:32,719 Speaker 1: is that in court, we essentially have a judge here 873 00:46:32,920 --> 00:46:36,440 Speaker 1: who has blocked at will employees from accepting a new 874 00:46:36,800 --> 00:46:40,160 Speaker 1: job at which they were getting paid more competitive rates 875 00:46:40,360 --> 00:46:44,120 Speaker 1: and even gave their competitor the ability to match them. Now, 876 00:46:44,640 --> 00:46:48,680 Speaker 1: what the argument from the people who say that they 877 00:46:48,680 --> 00:46:52,120 Speaker 1: have to stay is that this is a big radiology team. 878 00:46:52,400 --> 00:46:57,080 Speaker 1: These interventional radiologists are regularly available to treat patients. We 879 00:46:57,120 --> 00:47:00,759 Speaker 1: really need them to stay all of this. Okay, If 880 00:47:00,760 --> 00:47:05,600 Speaker 1: that's the case, then pay them any won't do that, 881 00:47:05,640 --> 00:47:09,359 Speaker 1: They won't counter offer them whatsoever. And these workers are 882 00:47:09,360 --> 00:47:12,040 Speaker 1: doing what is our god given American right, which is 883 00:47:12,080 --> 00:47:14,239 Speaker 1: to go and get paid more if somebody else is 884 00:47:14,239 --> 00:47:17,600 Speaker 1: offering you more, especially if it's legally codified as at 885 00:47:17,600 --> 00:47:20,560 Speaker 1: well employment, which usually works for the benefit of these 886 00:47:20,640 --> 00:47:24,560 Speaker 1: goons in the private sector. And yet now you get 887 00:47:24,560 --> 00:47:27,439 Speaker 1: a judge in order to force you to work. Think 888 00:47:27,480 --> 00:47:29,719 Speaker 1: about that, force you to work. Now they've come to 889 00:47:29,719 --> 00:47:31,239 Speaker 1: some agreement where they have to do with some sort 890 00:47:31,239 --> 00:47:33,200 Speaker 1: of time share and they have to keep working at 891 00:47:33,200 --> 00:47:35,399 Speaker 1: the other place. I don't know what country I'm living 892 00:47:35,440 --> 00:47:38,120 Speaker 1: in where somebody can force you to work somewhere which 893 00:47:38,160 --> 00:47:41,680 Speaker 1: you are not legally obligated to work. It's completely nuts. 894 00:47:41,680 --> 00:47:46,160 Speaker 1: So well, think of the typical libertarian argument is, hey, 895 00:47:46,600 --> 00:47:49,400 Speaker 1: if you don't like your job, yes, it's a free country, 896 00:47:49,560 --> 00:47:54,280 Speaker 1: go get another one. They did, then a judge blocks 897 00:47:54,280 --> 00:47:58,080 Speaker 1: them from living. I read everything I could find on this, 898 00:47:58,360 --> 00:48:01,600 Speaker 1: every article I could find. I watched, you know, THETA Care, 899 00:48:01,640 --> 00:48:03,759 Speaker 1: which is the hospital group that's trying to keep these 900 00:48:03,800 --> 00:48:07,400 Speaker 1: employees against their will. I watched them explain their side, 901 00:48:07,440 --> 00:48:10,879 Speaker 1: and I cannot possibly wrap my head around it. Their 902 00:48:11,000 --> 00:48:14,279 Speaker 1: argument is, hey, we've got this eleven person team, and 903 00:48:14,360 --> 00:48:17,279 Speaker 1: what they allege is that the other hospital went out 904 00:48:17,320 --> 00:48:20,520 Speaker 1: and recruited seven of their people and hired them away 905 00:48:20,520 --> 00:48:23,640 Speaker 1: from them. That's yeah, Number one, that's not illegal. This 906 00:48:23,719 --> 00:48:26,759 Speaker 1: happens all the time. You're allowed to recruit employees. Number two. 907 00:48:27,920 --> 00:48:31,600 Speaker 1: The workers and the other hospital system says, no, we didn't. 908 00:48:31,760 --> 00:48:34,000 Speaker 1: There was one person who got a job here. Other 909 00:48:34,080 --> 00:48:36,239 Speaker 1: people you know, probably talk to that person, were like, oh, 910 00:48:36,280 --> 00:48:38,160 Speaker 1: it seems like you got a pretty good deal. They 911 00:48:38,200 --> 00:48:40,960 Speaker 1: applied for other openings, and they decided they were getting 912 00:48:40,960 --> 00:48:44,239 Speaker 1: a better deal, so they left. What's more, as you 913 00:48:44,280 --> 00:48:47,440 Speaker 1: point out, THETA Care, the hospital that has, rather than 914 00:48:47,560 --> 00:48:50,760 Speaker 1: offering them more money to stay, instead gone to court 915 00:48:51,120 --> 00:48:55,040 Speaker 1: and found a sympathetic judge to require them to stay. 916 00:48:55,560 --> 00:48:58,839 Speaker 1: They had a chance to offer more money, to make 917 00:48:58,920 --> 00:49:02,880 Speaker 1: a counter proposal, and they did not want to so yes. 918 00:49:03,360 --> 00:49:07,520 Speaker 1: Of course, when it is the employer who wants to 919 00:49:07,560 --> 00:49:12,080 Speaker 1: fire people casually for whatever reason downsizing, sorry, pandemic came, sorry, 920 00:49:12,080 --> 00:49:14,239 Speaker 1: we don't need you, et cetera, et cetera. We want 921 00:49:14,239 --> 00:49:17,400 Speaker 1: to beef up our profit margins. That's never a problem. 922 00:49:17,640 --> 00:49:20,000 Speaker 1: You can't as an individual person go to a judge 923 00:49:20,000 --> 00:49:22,640 Speaker 1: and be like, listen, this is really a tough situation 924 00:49:22,800 --> 00:49:25,799 Speaker 1: for me. But here the hospital is able to go 925 00:49:25,840 --> 00:49:27,560 Speaker 1: to the judge and say, hey, it's a tough situation 926 00:49:27,640 --> 00:49:31,279 Speaker 1: for us, and the courts intervene. I can't wrap my 927 00:49:31,360 --> 00:49:34,160 Speaker 1: head around it. It is the craziest thing, and it 928 00:49:34,360 --> 00:49:38,000 Speaker 1: just really exposes the lie that this is in any 929 00:49:38,040 --> 00:49:41,719 Speaker 1: way a free market. The moment that labor gets even 930 00:49:41,840 --> 00:49:44,520 Speaker 1: a little bit tiny bit of an upper hand in 931 00:49:44,560 --> 00:49:47,759 Speaker 1: the situation. Then the powers that be have to come 932 00:49:47,800 --> 00:49:50,560 Speaker 1: in and squash that and make sure it's still going 933 00:49:50,640 --> 00:49:53,880 Speaker 1: to all turn out all right for the bosses. It 934 00:49:54,040 --> 00:49:59,319 Speaker 1: is a completely insane situation. And the specifics of the 935 00:49:59,320 --> 00:50:02,960 Speaker 1: deal they say, the judge granted injunction says they have 936 00:50:03,120 --> 00:50:06,560 Speaker 1: to make available to FATA Care one invasive radiology technician 937 00:50:06,560 --> 00:50:09,400 Speaker 1: and one registered nurse of the individuals resigning their employment 938 00:50:09,400 --> 00:50:11,600 Speaker 1: with data Care to join ascension that's the other one 939 00:50:11,800 --> 00:50:15,040 Speaker 1: with their support to include on call responsibilities. Or they 940 00:50:15,080 --> 00:50:18,360 Speaker 1: have to cease the hiring of the individual's reference until 941 00:50:18,440 --> 00:50:21,600 Speaker 1: THEATACARE has been able to hire adequate staff to replace 942 00:50:21,640 --> 00:50:24,239 Speaker 1: those departing team members. So again, do we have a 943 00:50:24,239 --> 00:50:27,279 Speaker 1: state run healthcare system or not? These are right, and 944 00:50:27,360 --> 00:50:31,239 Speaker 1: these these are not employees like in entertainment a lot 945 00:50:31,400 --> 00:50:34,319 Speaker 1: sometimes you're like these use anchors whatever, you're under contract 946 00:50:34,360 --> 00:50:37,000 Speaker 1: and you have to stay a certain period time. No, no, no, 947 00:50:37,000 --> 00:50:41,399 Speaker 1: no, no no, there's nothing like that whatsoever. They just found 948 00:50:41,440 --> 00:50:43,800 Speaker 1: a new job and now they're not being allowed to 949 00:50:43,880 --> 00:50:46,400 Speaker 1: leave and they're being forced to work at this company 950 00:50:46,480 --> 00:50:50,279 Speaker 1: against their will. Crazy situations. No, and they acknowledge. So 951 00:50:50,480 --> 00:50:54,440 Speaker 1: the attorneys for the people. The actual employees said that 952 00:50:54,560 --> 00:50:58,120 Speaker 1: Data Care had weeks to give them a counter offer, 953 00:50:58,400 --> 00:51:03,239 Speaker 1: to make alternative staff arrangements, to make a plan for 954 00:51:03,280 --> 00:51:05,759 Speaker 1: what was happening. And what I think is the most 955 00:51:05,760 --> 00:51:09,000 Speaker 1: disingenuous part of this is that the healthcare industry is 956 00:51:09,080 --> 00:51:13,240 Speaker 1: using COVID as an excuse. They're like, hey, look, COVID 957 00:51:13,360 --> 00:51:17,240 Speaker 1: is ravaging our county. The healthcare system is at the brink. 958 00:51:17,520 --> 00:51:21,320 Speaker 1: We need our workers here or the community will suffer. 959 00:51:21,440 --> 00:51:24,840 Speaker 1: And some judge seems to have, you know, cave into that. 960 00:51:24,920 --> 00:51:27,600 Speaker 1: Here's the other thing these as I understand it, our 961 00:51:27,640 --> 00:51:32,000 Speaker 1: hospitals are making bank right now because they get reimbursed 962 00:51:32,040 --> 00:51:34,279 Speaker 1: for all the COVID care patients or whatever by the 963 00:51:34,280 --> 00:51:37,000 Speaker 1: government and the insurance companies per the agreements that we 964 00:51:37,040 --> 00:51:39,360 Speaker 1: have all signed and through the Cares Act, et cetera. 965 00:51:39,800 --> 00:51:42,640 Speaker 1: And they are flushed with more money than ever. As 966 00:51:42,680 --> 00:51:45,840 Speaker 1: I understand it, the private health hospital system is going 967 00:51:45,880 --> 00:51:49,480 Speaker 1: gangbusters in terms of cash. So they have the money 968 00:51:49,520 --> 00:51:51,839 Speaker 1: if they want in order to pay these guys more. 969 00:51:51,880 --> 00:51:54,000 Speaker 1: You could do it tomorrow. That's the whole point of 970 00:51:54,000 --> 00:51:56,600 Speaker 1: at Will, right, It's supposed to be a beneficial relationship. 971 00:51:56,800 --> 00:51:59,520 Speaker 1: So they claim on both sides, but you get a 972 00:51:59,600 --> 00:52:02,799 Speaker 1: judge enforce her to stop your employees from going to 973 00:52:02,800 --> 00:52:05,080 Speaker 1: go work for somewhere else, then my only fears is 974 00:52:05,080 --> 00:52:07,040 Speaker 1: a contagion and it's going to spread because once you 975 00:52:07,080 --> 00:52:09,760 Speaker 1: set this type of standard. Think about the healthcare workers 976 00:52:09,840 --> 00:52:11,799 Speaker 1: right now who are trying to make their lives better 977 00:52:11,800 --> 00:52:13,399 Speaker 1: and trying to make some more money and had hell 978 00:52:13,480 --> 00:52:16,920 Speaker 1: for two years right well now getting totally screwed over. 979 00:52:17,000 --> 00:52:19,759 Speaker 1: It's terrible. It's it's indentured servitude. Yeah, no, it is. 980 00:52:19,880 --> 00:52:24,200 Speaker 1: I mean that's basically this is like court enforced indentured servitude. 981 00:52:24,680 --> 00:52:29,360 Speaker 1: Absolutely crazy situation, and I just can't see in any 982 00:52:30,120 --> 00:52:33,520 Speaker 1: sane world with the legal rationale. Here is whatsoever? Stand 983 00:52:33,560 --> 00:52:36,880 Speaker 1: with you, workers with you. Will keep you guys updated 984 00:52:36,880 --> 00:52:40,479 Speaker 1: if there's anything to say. All right, guys. Also wanted 985 00:52:40,520 --> 00:52:44,480 Speaker 1: to bring you some eyebrow raising comments from our press secretary, 986 00:52:44,760 --> 00:52:47,080 Speaker 1: Jen Saki, who I found out. You guys know, I 987 00:52:47,120 --> 00:52:49,000 Speaker 1: was a competitive summary in college. I found out she 988 00:52:49,080 --> 00:52:51,840 Speaker 1: was also a competitive summary. Oh it's kind of irritated me, 989 00:52:51,880 --> 00:52:53,279 Speaker 1: but I did look up her times when I was 990 00:52:53,320 --> 00:52:57,840 Speaker 1: faster better. Sorry Jen. Anyway, now that I've come my 991 00:52:57,920 --> 00:53:00,400 Speaker 1: meat geral moment out of the way, and so she 992 00:53:00,680 --> 00:53:02,640 Speaker 1: went on the view and she was asked, Hey, for 993 00:53:02,719 --> 00:53:06,920 Speaker 1: people who are profoundly disappointed that, you know, you guys 994 00:53:06,920 --> 00:53:09,880 Speaker 1: have basically failed miserably to do anything recently. This is 995 00:53:09,880 --> 00:53:11,680 Speaker 1: the way I raised it, not the way they phrased it. 996 00:53:12,200 --> 00:53:14,080 Speaker 1: What should they do? Take a listen to what she 997 00:53:14,160 --> 00:53:16,640 Speaker 1: had to say. So my advice to everyone out there 998 00:53:16,680 --> 00:53:21,040 Speaker 1: who's frustrated, said, angry, pissed off, feel those emotions, go 999 00:53:21,080 --> 00:53:23,600 Speaker 1: to a kickboxing class, have a margarita, do whatever you 1000 00:53:23,640 --> 00:53:25,440 Speaker 1: need to do this weekend, and then wake up on 1001 00:53:25,440 --> 00:53:28,200 Speaker 1: Monday morning. We got to keep fighting. And what that means, lindsay, 1002 00:53:28,280 --> 00:53:31,440 Speaker 1: is we have to keep talking to members about federal legislation. 1003 00:53:31,600 --> 00:53:34,719 Speaker 1: That's essential. That's something that can be permanent, that can 1004 00:53:34,760 --> 00:53:37,359 Speaker 1: make sure people's rights are protected. But we also need 1005 00:53:37,400 --> 00:53:40,080 Speaker 1: to make sure people are educated and states across the 1006 00:53:40,120 --> 00:53:43,279 Speaker 1: country about what their rights are, how they can vote, 1007 00:53:43,360 --> 00:53:46,200 Speaker 1: when they can vote, how to request an absentee ballot. 1008 00:53:46,360 --> 00:53:48,319 Speaker 1: There's a lot we need to do on that front, 1009 00:53:48,360 --> 00:53:50,759 Speaker 1: and that's going to rely on the energy and the 1010 00:53:50,760 --> 00:53:54,680 Speaker 1: anger of those that activism as well. There's so much here. 1011 00:53:54,840 --> 00:53:58,160 Speaker 1: I mean, first of all, there's the immediate shifting of 1012 00:53:58,280 --> 00:54:00,960 Speaker 1: blame effectively to like, you guys got to get out 1013 00:54:01,000 --> 00:54:03,040 Speaker 1: there and do the work to you know, to make 1014 00:54:03,080 --> 00:54:05,600 Speaker 1: all this stuff happen, as if you aren't the representative 1015 00:54:05,640 --> 00:54:07,759 Speaker 1: of the most powerful person in the country in some 1016 00:54:07,800 --> 00:54:11,400 Speaker 1: ways the world. That's number one. Number two, your assumption 1017 00:54:11,920 --> 00:54:14,879 Speaker 1: that the people that you're speaking to have the kind 1018 00:54:14,880 --> 00:54:18,920 Speaker 1: of money and leisure time to partake in the activities 1019 00:54:18,960 --> 00:54:22,279 Speaker 1: that you're suggesting also speaks to who you think is 1020 00:54:22,320 --> 00:54:25,320 Speaker 1: in the democratic base. Accurately, I'd say at this point, 1021 00:54:25,640 --> 00:54:29,320 Speaker 1: I'll go, you know, go to an expensive kickpack boxing class, 1022 00:54:29,480 --> 00:54:32,560 Speaker 1: have a margarita, relax, and then get back out there 1023 00:54:32,640 --> 00:54:36,160 Speaker 1: and fight. Is pretty revealing that this is what she thinks, 1024 00:54:36,160 --> 00:54:38,440 Speaker 1: and that people have like free cash laying around to 1025 00:54:38,480 --> 00:54:41,160 Speaker 1: do whatever they want to do, when you all have 1026 00:54:41,200 --> 00:54:44,640 Speaker 1: failed so miserably in part because you haven't dealt with 1027 00:54:44,680 --> 00:54:47,480 Speaker 1: the economic issues that have made life so difficult for 1028 00:54:47,640 --> 00:54:50,799 Speaker 1: so many people. So many people. Any little bump that 1029 00:54:50,840 --> 00:54:54,080 Speaker 1: they got during the pandemic from the super doll unemployment, 1030 00:54:54,440 --> 00:54:57,319 Speaker 1: from the direct stimulants that went into their accounts that 1031 00:54:57,360 --> 00:55:01,200 Speaker 1: has been spent down and more saving rate is less 1032 00:55:01,440 --> 00:55:05,120 Speaker 1: than it was pre pandemic. Bank account levels are lower, 1033 00:55:05,280 --> 00:55:08,279 Speaker 1: so folks here out there in the countryside don't have 1034 00:55:08,320 --> 00:55:10,600 Speaker 1: a lot of just free cash to you know, hang 1035 00:55:10,600 --> 00:55:12,680 Speaker 1: out this weekend and engage in the sort of leisure 1036 00:55:12,719 --> 00:55:15,319 Speaker 1: activities that you're expressing. I would more just make it 1037 00:55:15,400 --> 00:55:17,719 Speaker 1: like more of a metapoint and just show you that, 1038 00:55:18,040 --> 00:55:20,480 Speaker 1: like I know this woman, because they're all the same, 1039 00:55:20,600 --> 00:55:23,640 Speaker 1: most of them here, they're all like that, just the 1040 00:55:23,920 --> 00:55:28,759 Speaker 1: pure you know, distillation of wine mom liberalism. That's what 1041 00:55:28,800 --> 00:55:34,000 Speaker 1: it looks like. Margarita's kickboxing classes, all of this. Once again, 1042 00:55:34,200 --> 00:55:35,799 Speaker 1: you know, I want people to be happy and live 1043 00:55:35,800 --> 00:55:37,920 Speaker 1: the way that they want. But the fact that she 1044 00:55:38,280 --> 00:55:40,880 Speaker 1: thinks a that that is the base of the Democratic 1045 00:55:40,960 --> 00:55:44,000 Speaker 1: Party is very revealing though. I mean, there's not a 1046 00:55:44,000 --> 00:55:45,840 Speaker 1: lot of working class black people hanging out at the 1047 00:55:45,920 --> 00:55:48,880 Speaker 1: Rumble studio getting their kickboxing on, or going to some 1048 00:55:48,960 --> 00:55:51,719 Speaker 1: fancy Mexican restaurant here at town, which is not even 1049 00:55:51,760 --> 00:55:55,080 Speaker 1: that good by the way, which you serve some ridiculous 1050 00:55:55,360 --> 00:55:59,520 Speaker 1: margarito with some mescal or whatever from it's been aged. 1051 00:55:59,600 --> 00:56:02,440 Speaker 1: You know, I'm just giving you a taste of the 1052 00:56:02,520 --> 00:56:05,520 Speaker 1: lifestyle that these people engage in in a daily basis. 1053 00:56:06,120 --> 00:56:07,919 Speaker 1: It's with the whole crunch Shaw think, and it can't 1054 00:56:07,960 --> 00:56:10,799 Speaker 1: live on one hundred and seventy kits. That's per exactly right, 1055 00:56:10,840 --> 00:56:13,640 Speaker 1: which is you put those together and you have elitism 1056 00:56:14,200 --> 00:56:17,279 Speaker 1: in its core, which is that that is who they 1057 00:56:17,320 --> 00:56:20,360 Speaker 1: think they are talking to. And I started turning in 1058 00:56:20,400 --> 00:56:22,920 Speaker 1: around in my head and in a weird way she 1059 00:56:23,040 --> 00:56:25,879 Speaker 1: told on herself, which is that the people who do 1060 00:56:25,960 --> 00:56:28,880 Speaker 1: care the most about the fights that they are engaging 1061 00:56:28,880 --> 00:56:33,600 Speaker 1: in voting rights and BBB, they are the elite class. 1062 00:56:33,800 --> 00:56:36,240 Speaker 1: You know, they're the donor class who care the most. 1063 00:56:36,520 --> 00:56:37,879 Speaker 1: As you have said, you know, you can care about 1064 00:56:37,960 --> 00:56:40,400 Speaker 1: voting rights if you want, but go check every recent 1065 00:56:40,400 --> 00:56:43,560 Speaker 1: public poll. Nobody gives a damn right now. People want 1066 00:56:44,000 --> 00:56:46,040 Speaker 1: the economy to work, they want the price of gas 1067 00:56:46,080 --> 00:56:48,400 Speaker 1: to drop, they want stuff to be cheaper. You know what, 1068 00:56:48,560 --> 00:56:50,879 Speaker 1: Seventy percent of people don't want Joe Biden to run 1069 00:56:50,880 --> 00:56:53,560 Speaker 1: again because they don't feel as if he's meeting their needs. 1070 00:56:53,840 --> 00:56:57,360 Speaker 1: And she speaks in the cultural lexicon of the people 1071 00:56:57,400 --> 00:57:00,440 Speaker 1: who do care. The twenty percent or whatever care the 1072 00:57:00,480 --> 00:57:02,920 Speaker 1: most about this stuff because the rest of the issues 1073 00:57:02,960 --> 00:57:05,239 Speaker 1: that affect the lives of the American people are not 1074 00:57:05,320 --> 00:57:07,919 Speaker 1: represented here and their views. That is how I see 1075 00:57:07,920 --> 00:57:11,080 Speaker 1: it as that that clip tells them, tells you everything 1076 00:57:11,080 --> 00:57:13,680 Speaker 1: about who these people are. I think that Saroda said 1077 00:57:13,719 --> 00:57:16,000 Speaker 1: it well when we talked to him last week that basically, 1078 00:57:16,080 --> 00:57:19,720 Speaker 1: like voting rights without economic rights are completely meaningless. Like 1079 00:57:20,040 --> 00:57:22,080 Speaker 1: what does it matter if you have the technical right 1080 00:57:22,160 --> 00:57:24,840 Speaker 1: to vote when the only people you're allowed to vote 1081 00:57:24,880 --> 00:57:28,680 Speaker 1: for just continue the same policies of the rich, Like 1082 00:57:28,880 --> 00:57:31,760 Speaker 1: that is not real democracy. That's a fardcred million people 1083 00:57:31,800 --> 00:57:34,160 Speaker 1: didn't vote Bristle in twenty twenty. That one hundred million. 1084 00:57:34,240 --> 00:57:36,840 Speaker 1: That's like, cose play democracy? And we know, I mean 1085 00:57:36,880 --> 00:57:41,280 Speaker 1: this is the data and statistics back it up. Representatives here, 1086 00:57:41,320 --> 00:57:44,360 Speaker 1: by and large they pursue the interest of their wealthy donors, 1087 00:57:44,440 --> 00:57:48,440 Speaker 1: not the general public. So, you know, just having voting 1088 00:57:48,520 --> 00:57:52,560 Speaker 1: rights alone, it's not a solution for anything. And oh, 1089 00:57:52,600 --> 00:57:55,720 Speaker 1: by the way, if you're worried about Republicans stealing the 1090 00:57:55,760 --> 00:57:58,680 Speaker 1: next election, you can rest easy because they're on track 1091 00:57:58,760 --> 00:58:02,040 Speaker 1: to win it fair and square without having to rig 1092 00:58:02,080 --> 00:58:04,840 Speaker 1: a damn thing or change a single law. So maybe 1093 00:58:04,880 --> 00:58:07,280 Speaker 1: focus on the things that would actually prove to people 1094 00:58:07,560 --> 00:58:10,280 Speaker 1: that you have an agenda that's gonna better their lives. 1095 00:58:10,280 --> 00:58:13,840 Speaker 1: From a material perspective, maybe focus on proven to people 1096 00:58:14,200 --> 00:58:16,440 Speaker 1: that you actually are focused on their concerns, that you're 1097 00:58:16,440 --> 00:58:18,320 Speaker 1: doing everything you can to make sure that it's not 1098 00:58:18,520 --> 00:58:21,840 Speaker 1: just you know, the their wages going up except when 1099 00:58:21,880 --> 00:58:24,080 Speaker 1: you take into account inflation, and then, oh, by the way, 1100 00:58:24,080 --> 00:58:26,520 Speaker 1: you're more screwed than you've ever been. How about you 1101 00:58:26,520 --> 00:58:28,520 Speaker 1: focus on some of those things and fight like hell 1102 00:58:28,600 --> 00:58:32,200 Speaker 1: and put the margaritas in the kickboxing classes aside until 1103 00:58:32,240 --> 00:58:34,680 Speaker 1: you get some things done for the Americanpeter the margarita thing, 1104 00:58:35,000 --> 00:58:38,440 Speaker 1: and you know, all of it together. You know, people 1105 00:58:38,560 --> 00:58:42,040 Speaker 1: just don't care what this president or as representatives are 1106 00:58:42,080 --> 00:58:45,680 Speaker 1: engaging with, and everything they do is just classic I 1107 00:58:45,720 --> 00:58:48,800 Speaker 1: don't even know how to describe it, like cringe diplomacy. 1108 00:58:48,880 --> 00:58:50,640 Speaker 1: I mean, I don't know if you saw this. Jen 1109 00:58:50,680 --> 00:58:52,640 Speaker 1: Psaki and them had the signs that they were holding 1110 00:58:52,720 --> 00:58:55,320 Speaker 1: up saying I stand with Ukraine and tweeting it out 1111 00:58:55,640 --> 00:58:59,760 Speaker 1: like are are you not an active participant in the situation? 1112 00:59:00,320 --> 00:59:04,040 Speaker 1: Like what is this just social media like diplomacy. You 1113 00:59:04,120 --> 00:59:06,440 Speaker 1: may seem I may seem as if I'm being nitpicky 1114 00:59:06,720 --> 00:59:09,360 Speaker 1: and all this, but I look at this as representative 1115 00:59:09,760 --> 00:59:13,720 Speaker 1: of a broader problem with our elite class. Both Crenshaw 1116 00:59:13,960 --> 00:59:17,880 Speaker 1: and her together very clearly either out for themselves or 1117 00:59:18,040 --> 00:59:21,000 Speaker 1: just disregarding the vast majority of the people in this 1118 00:59:21,040 --> 00:59:24,800 Speaker 1: country that they actually lead. That's the problem. Like there 1119 00:59:24,880 --> 00:59:28,080 Speaker 1: are actual leaders. I know that's pathetic, but they are 1120 00:59:28,320 --> 00:59:30,880 Speaker 1: three hundred and some million people who are being led 1121 00:59:30,920 --> 00:59:34,120 Speaker 1: and spoken on behalf of by her, and she so 1122 00:59:34,400 --> 00:59:36,640 Speaker 1: shows us clearly that she doesn't speak for the most 1123 00:59:36,680 --> 00:59:39,040 Speaker 1: of us. Or they're blame shifting, and you know, it's 1124 00:59:39,120 --> 00:59:40,840 Speaker 1: not their fault, it's the fault of people who didn't 1125 00:59:40,840 --> 00:59:43,640 Speaker 1: fight hard enough, the activisty to do, the grassroots who 1126 00:59:43,640 --> 00:59:45,720 Speaker 1: didn't fight hard enough. That's you know, the blame all 1127 00:59:45,800 --> 00:59:48,400 Speaker 1: lies with them. And when Democrats get trounced in the midterms, 1128 00:59:48,440 --> 00:59:51,120 Speaker 1: to you know, a party that stands for literally nothing 1129 00:59:51,160 --> 00:59:54,480 Speaker 1: except for continlling the sh continuing to show for corporate America, 1130 00:59:54,600 --> 00:59:57,600 Speaker 1: they're going to have a thousands excuses lined up for 1131 00:59:57,680 --> 01:00:01,560 Speaker 1: why it's never ever their fault. So somehow she manages 1132 01:00:01,640 --> 01:00:04,480 Speaker 1: in this one little short clip to signal all of 1133 01:00:04,520 --> 01:00:07,240 Speaker 1: those things, and it is incredible to watch. Thank you 1134 01:00:07,320 --> 01:00:11,800 Speaker 1: jen Zaki for telling us who you are? All right, Sager, 1135 01:00:11,840 --> 01:00:13,840 Speaker 1: what are you looking at well. There is perhaps no 1136 01:00:13,920 --> 01:00:16,720 Speaker 1: more cringe event in this world than the World Economic Forum, 1137 01:00:16,760 --> 01:00:20,000 Speaker 1: which was held annually at Davos, Switzerland. It has inspired 1138 01:00:20,000 --> 01:00:23,840 Speaker 1: some great memes online with their outlandish costumes. Often its 1139 01:00:23,840 --> 01:00:27,840 Speaker 1: agenda is mocked now my personal favorite being as world 1140 01:00:27,840 --> 01:00:30,800 Speaker 1: billionaire is dressing up as refugees to try and get 1141 01:00:30,800 --> 01:00:32,880 Speaker 1: a day in the life. Feel for it, and then 1142 01:00:32,960 --> 01:00:36,120 Speaker 1: often their panels give us plenty to ridicule two. At 1143 01:00:36,160 --> 01:00:38,760 Speaker 1: its heart, though the World Economic Form is a deeply 1144 01:00:38,880 --> 01:00:41,840 Speaker 1: sinister effort, there was a time not that long ago 1145 01:00:42,160 --> 01:00:45,040 Speaker 1: that at least the world's billionaire elite tried to hide 1146 01:00:45,080 --> 01:00:48,600 Speaker 1: their machinations behind closed doors. They were really weird clubs. 1147 01:00:48,640 --> 01:00:52,320 Speaker 1: There were clandestine meetings, behind the scenes, calls with world leaders. 1148 01:00:52,520 --> 01:00:54,320 Speaker 1: But it was only in the mid two thousands, in 1149 01:00:54,360 --> 01:00:57,720 Speaker 1: the nineteen nineties, with the codification of neoliberal policy in 1150 01:00:57,760 --> 01:01:00,920 Speaker 1: the White House and across Europe, that they felt comfortable 1151 01:01:01,080 --> 01:01:03,880 Speaker 1: enough to come out in the open and not only 1152 01:01:03,920 --> 01:01:07,960 Speaker 1: push policy globally, but also be naked in their intentions. 1153 01:01:08,240 --> 01:01:09,880 Speaker 1: That's all that I could really think about when I 1154 01:01:09,880 --> 01:01:12,600 Speaker 1: saw one of the most stunning clips yet to emerge 1155 01:01:12,640 --> 01:01:16,000 Speaker 1: from Davos, Let's take a listen. At Davos a few 1156 01:01:16,080 --> 01:01:21,479 Speaker 1: years ago, the Edely survey showed us that the good 1157 01:01:21,520 --> 01:01:25,400 Speaker 1: news is the elite across the world trust each other 1158 01:01:25,480 --> 01:01:28,400 Speaker 1: more and more, so we can come together and design 1159 01:01:28,520 --> 01:01:31,720 Speaker 1: and do beautiful things together. The bad news is that 1160 01:01:31,840 --> 01:01:36,400 Speaker 1: in every single country they were polling, the majority of 1161 01:01:36,440 --> 01:01:42,640 Speaker 1: people trusted that elite less, so we can lead. But wow, 1162 01:01:42,960 --> 01:01:45,480 Speaker 1: let that sink in. The good news is they trust 1163 01:01:45,480 --> 01:01:47,720 Speaker 1: each other more. The bad news is that all of 1164 01:01:47,800 --> 01:01:50,440 Speaker 1: us trust them less. It is really stunning to hear 1165 01:01:50,480 --> 01:01:52,720 Speaker 1: it verbalized that way, given that I would reverse the 1166 01:01:52,720 --> 01:01:56,360 Speaker 1: good and the bad news, but it's useful. Nonetheless, globalization 1167 01:01:56,520 --> 01:01:59,200 Speaker 1: has brought a ruling global elite who are much more 1168 01:01:59,240 --> 01:02:02,680 Speaker 1: comfortable with each other than with their own countrymen, and 1169 01:02:02,880 --> 01:02:06,480 Speaker 1: this begets a global effort to make the system continue 1170 01:02:06,520 --> 01:02:10,000 Speaker 1: to work for them and work less for all of us. 1171 01:02:10,480 --> 01:02:13,640 Speaker 1: All of this occurred at this year's World Economic Conference 1172 01:02:13,960 --> 01:02:17,160 Speaker 1: under the auspices of Kloud's Shop now, the leader who 1173 01:02:17,200 --> 01:02:20,400 Speaker 1: famously last year released the Great Reset and is now 1174 01:02:20,440 --> 01:02:23,560 Speaker 1: out with a sequel, the Great Narrative. Now, you might ask, 1175 01:02:23,800 --> 01:02:27,360 Speaker 1: what is the Great Narrative? Well, like the Great Reset, 1176 01:02:27,400 --> 01:02:29,960 Speaker 1: it is nebulous, but as they define it, it reads 1177 01:02:30,040 --> 01:02:34,400 Speaker 1: quote a collaborative effort of the world's leading thinkers to 1178 01:02:34,560 --> 01:02:38,040 Speaker 1: fashion longer term perspectives. CO create a narrative that can 1179 01:02:38,120 --> 01:02:41,480 Speaker 1: help guide the creation of a more resilient, inclusive, and 1180 01:02:41,560 --> 01:02:45,840 Speaker 1: sustainable vision for our collective future. Hmm, A whole lot 1181 01:02:45,880 --> 01:02:49,160 Speaker 1: of nothing, but enough there to parse collective food future. 1182 01:02:49,440 --> 01:02:52,640 Speaker 1: CO create a narrative. In other words, a top down 1183 01:02:52,680 --> 01:02:56,240 Speaker 1: effort by the Davos set to specifically set the agenda 1184 01:02:56,520 --> 01:02:58,960 Speaker 1: and the outlook for the world, as they did with 1185 01:02:59,040 --> 01:03:02,760 Speaker 1: the outbreak of globalization in the nineteen nineties. At its heart, 1186 01:03:02,840 --> 01:03:05,640 Speaker 1: the Davos Project, the Great Reset and the Great Narrative 1187 01:03:05,840 --> 01:03:09,600 Speaker 1: are anti democratic efforts to push back against nationalist and 1188 01:03:09,680 --> 01:03:13,440 Speaker 1: populist outbreaks across Europe, Asia, here in the United States 1189 01:03:13,440 --> 01:03:16,400 Speaker 1: and in South America. It is an effort to regain 1190 01:03:16,480 --> 01:03:20,040 Speaker 1: the control over policy and democratic consensus that they had 1191 01:03:20,120 --> 01:03:22,520 Speaker 1: in the nineteen nineties. In the mid two thousands, And 1192 01:03:22,600 --> 01:03:26,600 Speaker 1: here's the thing, we absolutely cannot let that happen because 1193 01:03:26,640 --> 01:03:29,280 Speaker 1: while that clip went viral, there were other moments of 1194 01:03:29,320 --> 01:03:32,120 Speaker 1: the conference that did not get as much attention. Take 1195 01:03:32,280 --> 01:03:36,520 Speaker 1: this one for example. I just would like to highlight 1196 01:03:37,000 --> 01:03:43,320 Speaker 1: what you said about European chipsacked because it's an important 1197 01:03:43,360 --> 01:03:51,200 Speaker 1: step to create sophistical brain for digitalization and to have 1198 01:03:51,280 --> 01:03:54,680 Speaker 1: it located to a certain extent in Europe. Uh what 1199 01:03:55,320 --> 01:03:59,000 Speaker 1: digitalization of the physical brain and have it based in Europe. 1200 01:03:59,200 --> 01:04:01,680 Speaker 1: When most people talk about the need for more semiconductors, 1201 01:04:01,840 --> 01:04:04,240 Speaker 1: like me, it's so you can buy more cars, have 1202 01:04:04,280 --> 01:04:07,320 Speaker 1: more control over your future. And in fact, if you 1203 01:04:07,400 --> 01:04:10,040 Speaker 1: read the press release from the Davos European Chips Act, 1204 01:04:10,200 --> 01:04:12,920 Speaker 1: that's mostly what they say. But when Klaus Schwab says it, 1205 01:04:13,080 --> 01:04:15,120 Speaker 1: he says we need it for the digitization of the 1206 01:04:15,160 --> 01:04:18,520 Speaker 1: physical brain. As I have said in a previous monologue, 1207 01:04:18,520 --> 01:04:21,680 Speaker 1: billionaires and their set are great at one specific thing. 1208 01:04:21,760 --> 01:04:24,840 Speaker 1: That's how they became billionaires. But for some reason, many 1209 01:04:24,880 --> 01:04:28,040 Speaker 1: of them think that mastery of that qualifies them to 1210 01:04:28,080 --> 01:04:30,880 Speaker 1: speak on everything. It's part of that reason that so 1211 01:04:30,960 --> 01:04:33,720 Speaker 1: many of them are eccentric and believe in some really 1212 01:04:33,840 --> 01:04:37,200 Speaker 1: weird stuff. I guess that's fine for them, good for 1213 01:04:37,280 --> 01:04:40,320 Speaker 1: them for getting rich, but at least here we still 1214 01:04:40,360 --> 01:04:43,440 Speaker 1: have some democratic control. And the problem is that our 1215 01:04:43,440 --> 01:04:46,920 Speaker 1: elite set, as most typified by Davos, are so completely 1216 01:04:47,000 --> 01:04:49,320 Speaker 1: divorced from the wants and the needs of the common 1217 01:04:49,320 --> 01:04:52,680 Speaker 1: people that they are reporting to in these conferences, so 1218 01:04:52,840 --> 01:04:54,880 Speaker 1: to come up with the agenda and then try to 1219 01:04:54,920 --> 01:04:58,040 Speaker 1: force down upon us even though we have rejected all 1220 01:04:58,080 --> 01:05:00,880 Speaker 1: of them. We have now rejected globalzation now in some 1221 01:05:00,960 --> 01:05:03,640 Speaker 1: form in separate elections from here in the US to 1222 01:05:03,720 --> 01:05:06,720 Speaker 1: Britain to India. But let us not forget who remains 1223 01:05:06,760 --> 01:05:11,040 Speaker 1: the greatest winner of so called globalization, and that's China. Now, 1224 01:05:11,040 --> 01:05:13,080 Speaker 1: for those of you who have missed it, here how 1225 01:05:13,160 --> 01:05:17,320 Speaker 1: lovingly and endearingly Klaus Schwab speaks of Chinese President Shishiping 1226 01:05:17,600 --> 01:05:20,600 Speaker 1: when he opened the Davos conference. Literally, take a listen. 1227 01:05:21,520 --> 01:05:28,080 Speaker 1: China has made significant economic and social achievements under your leadership. 1228 01:05:28,840 --> 01:05:33,400 Speaker 1: It's the first three quarters of twenty twenty one. China's 1229 01:05:33,440 --> 01:05:39,680 Speaker 1: economy gu by over nine percent. You have achieved a 1230 01:05:39,960 --> 01:05:47,480 Speaker 1: historic goal to become a moderately prosperous society in all respects. 1231 01:05:48,240 --> 01:05:54,320 Speaker 1: Mister President, I strongly echo your remarks in twenty seventeen 1232 01:05:55,000 --> 01:06:01,200 Speaker 1: sad mankind has made progress by zoe mounting difficulty and 1233 01:06:01,320 --> 01:06:06,720 Speaker 1: then encountering difficulties. We should join hands and rise to 1234 01:06:06,880 --> 01:06:12,280 Speaker 1: the challenge. I believe sins is the best time for 1235 01:06:12,480 --> 01:06:17,680 Speaker 1: leaders to come together and work jointly force their world 1236 01:06:17,760 --> 01:06:24,080 Speaker 1: to become more inclusive, more sustainable, and more prosperous. In 1237 01:06:24,120 --> 01:06:27,200 Speaker 1: a lot of ways, Klaus shop was right. COVID nineteen 1238 01:06:27,400 --> 01:06:29,800 Speaker 1: kind of was the great reset. It put things into 1239 01:06:29,800 --> 01:06:32,920 Speaker 1: perspective for millions of people. Some people decided that they 1240 01:06:32,920 --> 01:06:35,360 Speaker 1: simply hate their jobs and they're not going back. Many 1241 01:06:35,360 --> 01:06:38,280 Speaker 1: others quitting, taking new ones for higher wages. Many people 1242 01:06:38,320 --> 01:06:40,600 Speaker 1: said screw it, I'm staying home spending more time with 1243 01:06:40,640 --> 01:06:43,080 Speaker 1: my kid. A lot of us, myself included. You took 1244 01:06:43,080 --> 01:06:45,400 Speaker 1: stock of what really matters, and you try to reclaim 1245 01:06:45,400 --> 01:06:47,960 Speaker 1: your own destiny. The key part, though, is that it 1246 01:06:48,000 --> 01:06:51,120 Speaker 1: isn't the reset mister Shap wanted at all. It is 1247 01:06:51,240 --> 01:06:54,320 Speaker 1: counter to the so called great narrative that is critical 1248 01:06:54,360 --> 01:06:56,680 Speaker 1: to him and his set remaining in power. And it 1249 01:06:56,720 --> 01:06:59,240 Speaker 1: reveals to us that the structures that they have put 1250 01:06:59,280 --> 01:07:01,640 Speaker 1: into place on the world world economic system need to 1251 01:07:01,640 --> 01:07:05,320 Speaker 1: be ripped down and actually reset. When the elites feel 1252 01:07:05,400 --> 01:07:08,160 Speaker 1: so comfortable saying the quiet part out loud, it is 1253 01:07:08,200 --> 01:07:11,040 Speaker 1: time to get some new elites and hopefully we are 1254 01:07:11,080 --> 01:07:12,880 Speaker 1: on our way there. I mean, can you believe that 1255 01:07:12,920 --> 01:07:14,640 Speaker 1: clip where she's like, well, the good news is we 1256 01:07:14,680 --> 01:07:17,640 Speaker 1: trust And if you want to hear my reaction to 1257 01:07:17,680 --> 01:07:24,760 Speaker 1: Sager's monologue, become a premium subscriber today at Breakingpoints dot Com, Cristal, 1258 01:07:24,800 --> 01:07:27,040 Speaker 1: what do you take a look at? Well, guys, Billionaire 1259 01:07:27,080 --> 01:07:30,080 Speaker 1: Dallas Maverick's owner and Shark Tank guy Mark Cuban has 1260 01:07:30,120 --> 01:07:33,440 Speaker 1: a new entrepreneurial play and it's actually kind of interesting. 1261 01:07:33,960 --> 01:07:36,640 Speaker 1: So Cuban is pushing forward a new online pharmacy called 1262 01:07:36,680 --> 01:07:39,800 Speaker 1: the Cost Plus Drug Pharmacy, aimed at providing consumers with 1263 01:07:39,880 --> 01:07:43,760 Speaker 1: a lower price on common prescription drugs. Basic concept is 1264 01:07:43,800 --> 01:07:45,560 Speaker 1: fairly simple. It's kind of right there in the name. 1265 01:07:45,800 --> 01:07:49,520 Speaker 1: Cuban's company plans to charge consumers cost plus a fifteen 1266 01:07:49,560 --> 01:07:53,000 Speaker 1: percent profit margin on a whole range of generic drugs. 1267 01:07:53,320 --> 01:07:56,280 Speaker 1: As a licensed pharmaceutical wholesaler, they say they can skip 1268 01:07:56,320 --> 01:07:59,439 Speaker 1: out on all the middleman costs. They're also reportedly building 1269 01:07:59,480 --> 01:08:02,960 Speaker 1: a pharmacuy factory in Dallas to produce some of these 1270 01:08:03,000 --> 01:08:05,840 Speaker 1: generics themselves. That construction is slated to be complete by 1271 01:08:05,880 --> 01:08:08,200 Speaker 1: the end of this year. Now, if Cuban's able to 1272 01:08:08,240 --> 01:08:10,520 Speaker 1: provide drug savings to the public, that will be a 1273 01:08:10,560 --> 01:08:13,640 Speaker 1: genuine service. Americans pay two to three times more for 1274 01:08:13,720 --> 01:08:17,080 Speaker 1: prescription drugs than other rich nations, and the markup on 1275 01:08:17,280 --> 01:08:21,560 Speaker 1: some of these generics is insanely outrageous. While most of 1276 01:08:21,600 --> 01:08:24,559 Speaker 1: the outrageous price gouging on American consumers actually occurs in 1277 01:08:24,680 --> 01:08:28,400 Speaker 1: brand name drugs, some generics are still rife with pricing 1278 01:08:28,400 --> 01:08:31,559 Speaker 1: abuse and analysis a few years back found generic price 1279 01:08:31,600 --> 01:08:34,840 Speaker 1: hikes of one thousand percent and even all the way 1280 01:08:34,920 --> 01:08:39,200 Speaker 1: up to seventeen thousand percent, and disgracefully, of course, the 1281 01:08:39,200 --> 01:08:41,720 Speaker 1: corporate wing of the Democratic Party is colluding with the 1282 01:08:41,880 --> 01:08:44,719 Speaker 1: entire Republican Party to make sure that those prices stay 1283 01:08:44,800 --> 01:08:48,880 Speaker 1: high and big farm of profit margins stay fat. Even 1284 01:08:49,200 --> 01:08:52,479 Speaker 1: the most basic reform, allowing the federal government to negotiate 1285 01:08:52,479 --> 01:08:55,599 Speaker 1: with drug makers, has proven too much for low lifes 1286 01:08:55,760 --> 01:08:59,360 Speaker 1: like Kirsten Cinema. So listen, I am certainly all for 1287 01:08:59,479 --> 01:09:01,320 Speaker 1: any effort to give the American people a little bit 1288 01:09:01,360 --> 01:09:04,840 Speaker 1: of relief, even as I realize that behind every heartwarming 1289 01:09:04,960 --> 01:09:09,080 Speaker 1: story of a billionaire doing good deeds lies a corrupt, monopolistic, 1290 01:09:09,200 --> 01:09:13,080 Speaker 1: rapacious system rigged by those same billionaires. It's also not 1291 01:09:13,160 --> 01:09:15,720 Speaker 1: like this is exactly charity fifteen percent is still more 1292 01:09:15,800 --> 01:09:18,800 Speaker 1: than sufficient markup to score a healthy profit margin. And 1293 01:09:18,840 --> 01:09:22,519 Speaker 1: according to Mark Cuban himself, backing this pharmacy is actually 1294 01:09:22,560 --> 01:09:26,120 Speaker 1: an ideological play meant to persuade people that capitalism isn't 1295 01:09:26,160 --> 01:09:29,479 Speaker 1: all about just triggering opioid crises and denying the poor 1296 01:09:29,520 --> 01:09:33,240 Speaker 1: world life saving vaccines. In his words, he backed the 1297 01:09:33,280 --> 01:09:38,640 Speaker 1: online pharmacy in order to show quote capitalism can be compassionate. Now, 1298 01:09:38,680 --> 01:09:41,120 Speaker 1: there might be another reason for the play as well, though, 1299 01:09:41,360 --> 01:09:45,040 Speaker 1: beyond attempting to reform capitalism's flagging image. Because I do 1300 01:09:45,080 --> 01:09:47,120 Speaker 1: think Mark Cuban is a savvy guy, and this would 1301 01:09:47,120 --> 01:09:50,120 Speaker 1: certainly be a pretty savvy play for someone who, say, 1302 01:09:50,439 --> 01:09:53,160 Speaker 1: might be considering a run for high office. I'm a 1303 01:09:53,200 --> 01:09:55,639 Speaker 1: special insight and whether Mark Cuban is toying with running 1304 01:09:55,680 --> 01:09:57,720 Speaker 1: for present. But a few pieces here do seem to 1305 01:09:57,760 --> 01:10:01,320 Speaker 1: add up Number one. You'd never know it from the 1306 01:10:01,400 --> 01:10:04,520 Speaker 1: total lack of interest politicians in Washington show to the issue. 1307 01:10:04,720 --> 01:10:08,760 Speaker 1: Healthcare is consistently either the number one or number two 1308 01:10:08,880 --> 01:10:12,559 Speaker 1: top issue for voters and has appeel across age, race, gender, 1309 01:10:12,560 --> 01:10:16,280 Speaker 1: and partisan divides. The latest Economist YUGA poll has healthcare 1310 01:10:16,360 --> 01:10:20,040 Speaker 1: ranked as the number one issue for voters higher by 1311 01:10:20,040 --> 01:10:22,880 Speaker 1: a little bit, even than jobs and the economy. A 1312 01:10:22,920 --> 01:10:25,679 Speaker 1: full ninety percent of voters say it's an important issue 1313 01:10:25,680 --> 01:10:28,200 Speaker 1: to them, and that's pretty stunning within that group. We 1314 01:10:28,360 --> 01:10:31,400 Speaker 1: know that huge bipartisan majority support reforms that would make 1315 01:10:31,479 --> 01:10:35,600 Speaker 1: prescription drugs more affordable, So showing that your focus on 1316 01:10:35,640 --> 01:10:38,000 Speaker 1: the issue would be a safe and pretty popular move 1317 01:10:38,040 --> 01:10:41,480 Speaker 1: to show, Yeah, he's a kinder, gentler reality show billionaire 1318 01:10:41,479 --> 01:10:45,240 Speaker 1: than the last asshole. Second, Cuban has been pretty flirty 1319 01:10:45,240 --> 01:10:48,200 Speaker 1: with Andrew Yang, and it's possible maybe he sees a 1320 01:10:48,240 --> 01:10:51,479 Speaker 1: lane for himself in Yang's new Forward Party. During the pandemic, 1321 01:10:51,520 --> 01:10:54,759 Speaker 1: Cuban had a pretty solid and very yang Esque ideas 1322 01:10:54,800 --> 01:10:57,120 Speaker 1: to take care of people while the entire economy was 1323 01:10:57,160 --> 01:11:00,320 Speaker 1: shut down. You remember this, He proposed on Twitter that 1324 01:11:00,479 --> 01:11:04,080 Speaker 1: every American household should receive one thousand dollars every two 1325 01:11:04,160 --> 01:11:07,080 Speaker 1: weeks that had to be spent basically immediately to help 1326 01:11:07,080 --> 01:11:10,519 Speaker 1: prop up demand in the economy. What's more, Andrew Yang 1327 01:11:10,560 --> 01:11:13,280 Speaker 1: has left the Forward Party platform pretty open outside of 1328 01:11:13,280 --> 01:11:16,240 Speaker 1: a few specific democracy reform ideas that I could easily 1329 01:11:16,240 --> 01:11:19,839 Speaker 1: see Cuban getting on board with. There's no billionaire taxes 1330 01:11:20,000 --> 01:11:23,479 Speaker 1: or single payer healthcare, or even a specific UBI proposal 1331 01:11:23,479 --> 01:11:26,040 Speaker 1: for candidates to have to agree to. Just things like 1332 01:11:26,080 --> 01:11:29,880 Speaker 1: open primaries, ranked choice voting, and democracy dollars. Good reform, sure, 1333 01:11:30,080 --> 01:11:33,040 Speaker 1: but nothing that would directly challenge billionaire power in the 1334 01:11:33,120 --> 01:11:36,240 Speaker 1: immediate term or overturn the current regime of money in 1335 01:11:36,280 --> 01:11:38,720 Speaker 1: politics that has made the notion that we live in 1336 01:11:38,720 --> 01:11:42,080 Speaker 1: a democracy kind of cruel gaslighting. In other words, I 1337 01:11:42,120 --> 01:11:43,960 Speaker 1: don't see anything in the platform that would really be 1338 01:11:44,080 --> 01:11:47,439 Speaker 1: uncomfortable for someone like Mark Cuban capitalists through and through, 1339 01:11:47,600 --> 01:11:50,320 Speaker 1: who's got enough smarts to know that they probably better 1340 01:11:50,320 --> 01:11:52,679 Speaker 1: cut the peasants a slightly better deal, or at least 1341 01:11:52,680 --> 01:11:54,360 Speaker 1: give them a better pitch if they want to keep 1342 01:11:54,360 --> 01:11:57,879 Speaker 1: the pitch Forks at Bay. Finally, doesn't take a genius 1343 01:11:57,880 --> 01:12:01,280 Speaker 1: to sense a pretty significant political opportunity Right now. Both 1344 01:12:01,320 --> 01:12:04,240 Speaker 1: of the likely nominees for the two major parties are 1345 01:12:04,360 --> 01:12:08,240 Speaker 1: insanely unpopular. Just look at this. According to a new 1346 01:12:08,360 --> 01:12:11,960 Speaker 1: ap nork Pole, only twenty seven percent of Americans want 1347 01:12:11,960 --> 01:12:14,200 Speaker 1: Donald Trump to run for president again. And oh, by 1348 01:12:14,200 --> 01:12:16,479 Speaker 1: the way, Joe Biden does not fare any better. Only 1349 01:12:16,520 --> 01:12:19,759 Speaker 1: twenty eight percent of Americans want him to run for reelection. 1350 01:12:20,280 --> 01:12:23,719 Speaker 1: Those numbers are crazy. It's a testament to how rotten 1351 01:12:23,800 --> 01:12:27,000 Speaker 1: and destroyed elite Dems and elite Republicans are that the 1352 01:12:27,040 --> 01:12:30,200 Speaker 1: best they can apparently offer is two old men that 1353 01:12:30,360 --> 01:12:33,200 Speaker 1: three quarters of the country wish would just go away. 1354 01:12:33,680 --> 01:12:36,479 Speaker 1: And for someone like Cuban, even a losing presidential campaign, 1355 01:12:36,479 --> 01:12:38,519 Speaker 1: it could be a branding win good stroke cause ego 1356 01:12:38,600 --> 01:12:42,439 Speaker 1: increases fame, provide him with new profit making ventures. Cuban Toyd, 1357 01:12:42,439 --> 01:12:45,000 Speaker 1: you might recall, with running for president back in twenty twenty. 1358 01:12:45,040 --> 01:12:47,200 Speaker 1: Sager and I actually interviewed him about it. Then he 1359 01:12:47,240 --> 01:12:50,120 Speaker 1: decided not to run any backed Biden. More recently, he 1360 01:12:50,120 --> 01:12:52,080 Speaker 1: said he does not want to run for president, but 1361 01:12:52,160 --> 01:12:54,759 Speaker 1: also that the reason he's no longer interested is because 1362 01:12:54,760 --> 01:12:57,840 Speaker 1: he doesn't believe Trump will run again. So who knows. 1363 01:12:57,960 --> 01:13:00,400 Speaker 1: A man's changed his mind before, he could certainly change 1364 01:13:00,400 --> 01:13:04,200 Speaker 1: it again. Look, Cuban's politics are nothing special. It's mostly 1365 01:13:04,280 --> 01:13:06,400 Speaker 1: just the status quote a different package. I would be 1366 01:13:06,439 --> 01:13:08,479 Speaker 1: willing to believe he's more competent than the last two 1367 01:13:08,479 --> 01:13:11,200 Speaker 1: bozos who won the presidency, but he's definitely not going 1368 01:13:11,280 --> 01:13:13,960 Speaker 1: to upend a status quot order that has profited him 1369 01:13:14,120 --> 01:13:19,799 Speaker 1: personally tremendously. However, our politics are so stuck and hopeless 1370 01:13:19,880 --> 01:13:23,720 Speaker 1: right now between two parties owned by corporations and costumed 1371 01:13:23,760 --> 01:13:26,600 Speaker 1: on one side in fake identity nonsense and on the 1372 01:13:26,640 --> 01:13:29,840 Speaker 1: other side an aduled conspiracy nonsense that I am for 1373 01:13:30,000 --> 01:13:32,880 Speaker 1: literally anything that would help or even have a chance 1374 01:13:32,920 --> 01:13:35,679 Speaker 1: of helping to break that system of bart. We can't 1375 01:13:35,720 --> 01:13:38,639 Speaker 1: go on this way? Can we? Oscillating between these two 1376 01:13:38,840 --> 01:13:42,320 Speaker 1: dried up huss that everyone hates and seems pretty unsustainable 1377 01:13:42,320 --> 01:13:45,120 Speaker 1: to me? But there's also no clear path forward. The 1378 01:13:45,200 --> 01:13:48,000 Speaker 1: only answer I can personally think of is more democracy, 1379 01:13:48,040 --> 01:13:51,439 Speaker 1: more candidates, more choice, more engagement, more threats the existing 1380 01:13:51,479 --> 01:13:55,480 Speaker 1: power cartels. Cuban is not an answer in and of himself, 1381 01:13:55,840 --> 01:13:58,320 Speaker 1: but maybe he could provide an opening for something that 1382 01:13:58,439 --> 01:14:02,360 Speaker 1: genuinely could be. If Cuban wants to add his compassionate 1383 01:14:02,400 --> 01:14:04,840 Speaker 1: billionaires stick to the mix, I guess I'm for it. 1384 01:14:05,080 --> 01:14:06,880 Speaker 1: And if he's got a way to give American slightly 1385 01:14:06,920 --> 01:14:09,439 Speaker 1: lower drug prices, well, the krup gools here in Washington 1386 01:14:09,479 --> 01:14:11,439 Speaker 1: aren't getting it done, so I'm for that as well. 1387 01:14:11,920 --> 01:14:14,760 Speaker 1: It's not exactly a ringing endorsement here, but I can't 1388 01:14:14,840 --> 01:14:17,400 Speaker 1: muster a lot of excitement for our increasing dependence on 1389 01:14:17,400 --> 01:14:20,000 Speaker 1: the whims of billionaires for everything from housing to meet 1390 01:14:20,120 --> 01:14:22,880 Speaker 1: to affordable drugs. If there's one thing I know about 1391 01:14:22,920 --> 01:14:26,280 Speaker 1: the bill billionaires, it's that they're not going to save us. 1392 01:14:27,080 --> 01:14:28,880 Speaker 1: What did you think of this play from Cuban on 1393 01:14:28,920 --> 01:14:32,640 Speaker 1: the pharmacy Agar, I told you I mean and if 1394 01:14:32,640 --> 01:14:35,400 Speaker 1: you want to hear my reaction to Crystal's monologue, become 1395 01:14:35,439 --> 01:14:41,680 Speaker 1: a premium subscriber today at Breakingpoints dot Com. Joining us. Now, 1396 01:14:41,720 --> 01:14:45,679 Speaker 1: we have an incredibly courageous animal rights activist. His name's 1397 01:14:45,720 --> 01:14:49,400 Speaker 1: Matt Johnson. He is press coordinator for Direct Action Everywhere. 1398 01:14:49,439 --> 01:14:51,640 Speaker 1: I'm gonna let Matt tell the whole story, but the 1399 01:14:51,680 --> 01:14:56,160 Speaker 1: gist of it is he helped to expose horrific abuse 1400 01:14:56,320 --> 01:14:59,200 Speaker 1: of pigs at a pig farm in Iowa called Iowa Select. 1401 01:14:59,439 --> 01:15:03,400 Speaker 1: It was charged by the government with terrorism for doing so, 1402 01:15:03,479 --> 01:15:06,639 Speaker 1: although those charges have just been dropped. Something that you'll 1403 01:15:06,680 --> 01:15:09,599 Speaker 1: explain why you're actually somewhat disappointed about that. Matt. Welcome 1404 01:15:09,640 --> 01:15:12,799 Speaker 1: to the show. Good see you, Matt, Good morning. Crystalline 1405 01:15:12,840 --> 01:15:15,479 Speaker 1: Saga A huge fan of the show and so happy 1406 01:15:15,520 --> 01:15:19,880 Speaker 1: to be on. Thank you so Yet the situation began 1407 01:15:20,080 --> 01:15:23,639 Speaker 1: when a truck driver with Iowa Select Farms. His name 1408 01:15:23,680 --> 01:15:27,120 Speaker 1: is Lucas Walker. He contacted me and the animal rights 1409 01:15:27,200 --> 01:15:31,080 Speaker 1: organization I'm affiliated with a direct action everywhere because of 1410 01:15:31,120 --> 01:15:33,120 Speaker 1: the abuse that he was seeing in his company and 1411 01:15:33,200 --> 01:15:36,360 Speaker 1: because no one at the company was addressing it, and 1412 01:15:36,439 --> 01:15:39,080 Speaker 1: no one in law enforcement at the local level, at 1413 01:15:39,120 --> 01:15:41,600 Speaker 1: the state level was going to address it. And so, 1414 01:15:42,160 --> 01:15:45,559 Speaker 1: long story short, you have this person who drives pigs 1415 01:15:45,560 --> 01:15:47,840 Speaker 1: in and out of factory farms all day is contacting 1416 01:15:47,840 --> 01:15:51,160 Speaker 1: an animal rights organization. And what we ended up exposing 1417 01:15:51,240 --> 01:15:56,720 Speaker 1: ultimately was this just horrifying practice. Notice eventually shutdown. What 1418 01:15:56,880 --> 01:15:59,760 Speaker 1: happened was in the spring of twenty twenty, COVID is 1419 01:15:59,800 --> 01:16:03,760 Speaker 1: revaging meat packing plants throughout the country and workers are 1420 01:16:03,760 --> 01:16:05,719 Speaker 1: getting sick, and they have nowhere to send the pigs, 1421 01:16:06,120 --> 01:16:12,080 Speaker 1: and this corporation cost cutting measure does the cheapest option 1422 01:16:12,160 --> 01:16:15,479 Speaker 1: available to it, and they load these pigs by the 1423 01:16:15,560 --> 01:16:19,519 Speaker 1: thousands into these industrial sheds. They seal off the ventilation 1424 01:16:19,760 --> 01:16:22,120 Speaker 1: and they pump and heat and steam, and these these 1425 01:16:22,160 --> 01:16:25,679 Speaker 1: poor animals are screaming for hours on end while they're 1426 01:16:25,960 --> 01:16:29,280 Speaker 1: just tortured to death. And I exposed it, and I 1427 01:16:29,400 --> 01:16:34,560 Speaker 1: faced a felony prosecution and was there's an ABI investigation. 1428 01:16:34,760 --> 01:16:39,040 Speaker 1: I was called a terrorist by multiple you know, government officials, 1429 01:16:39,560 --> 01:16:42,559 Speaker 1: and we wanted to take it all away to trial. 1430 01:16:43,040 --> 01:16:46,120 Speaker 1: What we found out was after a two year run 1431 01:16:46,160 --> 01:16:49,479 Speaker 1: around with this case, the day before trial, they didn't 1432 01:16:49,520 --> 01:16:51,360 Speaker 1: want to you know, this stuff to see the light 1433 01:16:51,400 --> 01:16:53,280 Speaker 1: of day anymore than it already had, and they got 1434 01:16:53,320 --> 01:16:55,640 Speaker 1: the charges. That is really horrific. Let's go ahead and 1435 01:16:55,640 --> 01:16:57,600 Speaker 1: put the photo. We have one of them up on 1436 01:16:57,640 --> 01:17:00,320 Speaker 1: the screen too. It's very important for you able to 1437 01:17:00,360 --> 01:17:03,800 Speaker 1: understand exactly what you exposed and what you found. Now, 1438 01:17:03,840 --> 01:17:05,880 Speaker 1: as you show here, this was a column that you wrote. 1439 01:17:05,920 --> 01:17:08,960 Speaker 1: My arrest and a border prosecution underline three lies, Iowa 1440 01:17:09,040 --> 01:17:13,080 Speaker 1: is propagating about animal agriculture. Tell us what those laes 1441 01:17:13,120 --> 01:17:16,920 Speaker 1: are and then go into the go into the actual 1442 01:17:16,960 --> 01:17:22,280 Speaker 1: mechanisms that we're used in order to try and prosecute you. Right. So, 1443 01:17:22,280 --> 01:17:26,479 Speaker 1: so the three lies are number one, that that animal 1444 01:17:26,479 --> 01:17:32,120 Speaker 1: abuse that is routine or normalized is acceptable. And so 1445 01:17:32,400 --> 01:17:37,000 Speaker 1: in this in this instance, the industry, the animal agriculture 1446 01:17:37,040 --> 01:17:41,040 Speaker 1: industry in many states, including Iowa, actually writes into law 1447 01:17:41,439 --> 01:17:45,680 Speaker 1: that industry standards define the law industry standard practices, no 1448 01:17:45,720 --> 01:17:49,120 Speaker 1: matter how cruel they are literally you have the industry 1449 01:17:49,680 --> 01:17:52,280 Speaker 1: writing the laws. Now in many you know, in many contexts, 1450 01:17:52,320 --> 01:17:54,360 Speaker 1: you have industries that are using a little bit of 1451 01:17:54,360 --> 01:17:57,080 Speaker 1: a workaround and it's not quite so written into law, 1452 01:17:57,360 --> 01:18:00,320 Speaker 1: but that's what it is. So things like you know, 1453 01:18:00,720 --> 01:18:03,919 Speaker 1: cutting animals tails off with no anesthetic, cutting animals testicles 1454 01:18:03,960 --> 01:18:08,240 Speaker 1: off with no anesthetic completely you know, legalized under the law. 1455 01:18:08,680 --> 01:18:13,960 Speaker 1: So that's number one. And number two lie that that 1456 01:18:14,000 --> 01:18:16,200 Speaker 1: are that the state and this industry is selling us 1457 01:18:16,760 --> 01:18:20,920 Speaker 1: is that the people who are documenting these crimes, such 1458 01:18:20,920 --> 01:18:24,920 Speaker 1: as myself, are the criminals rather than the corporations that 1459 01:18:24,960 --> 01:18:28,080 Speaker 1: are perpetrating these abuses. And Iowa is one of many 1460 01:18:28,080 --> 01:18:31,320 Speaker 1: states that has passed these so called aggag laws which 1461 01:18:31,720 --> 01:18:38,040 Speaker 1: just criminalize the active of documenting abuses in animal agricultural facilities. 1462 01:18:39,560 --> 01:18:43,120 Speaker 1: And the third lie when when all else fails, is 1463 01:18:43,120 --> 01:18:46,240 Speaker 1: that there's nothing here to discuss whatsoever. So when push 1464 01:18:46,280 --> 01:18:49,840 Speaker 1: comes to shove, when their abuses have been exposed, when 1465 01:18:49,880 --> 01:18:54,320 Speaker 1: their efforts to demonize someone like myself fall short and 1466 01:18:54,400 --> 01:18:56,960 Speaker 1: it's about to go to trial, suddenly they don't want 1467 01:18:57,000 --> 01:18:58,880 Speaker 1: to talk about it at all and they just want 1468 01:18:58,920 --> 01:19:02,800 Speaker 1: it all to go away. So it's you know, uh, 1469 01:19:03,120 --> 01:19:06,519 Speaker 1: just really, you know, top to bottom, a corrupt system 1470 01:19:06,560 --> 01:19:08,519 Speaker 1: and a corrupt industry that people should be made aware of. 1471 01:19:09,240 --> 01:19:14,280 Speaker 1: As to my prosecution, I was charged with with multiple 1472 01:19:14,400 --> 01:19:19,439 Speaker 1: charges felony burglary charge for at one point I removed 1473 01:19:19,479 --> 01:19:22,559 Speaker 1: a sick dying piglet it was of no value to 1474 01:19:22,600 --> 01:19:24,400 Speaker 1: this company, and I faced up to five years in 1475 01:19:24,400 --> 01:19:27,559 Speaker 1: prison for that. I was also charged under an ad 1476 01:19:27,640 --> 01:19:31,519 Speaker 1: gag law. Yeah, and as I mentioned, there was an 1477 01:19:31,560 --> 01:19:34,719 Speaker 1: FBI investigation. At one point, they approached this truck driver 1478 01:19:34,800 --> 01:19:38,360 Speaker 1: who had came to us, and they threatened to prosecute him, 1479 01:19:38,439 --> 01:19:41,880 Speaker 1: and they and under that threat, they attempted to get 1480 01:19:41,960 --> 01:19:45,479 Speaker 1: him to wear a wire to come and inform against me. 1481 01:19:45,520 --> 01:19:47,519 Speaker 1: They attempted to get him to sell drugs to me. 1482 01:19:47,880 --> 01:19:49,880 Speaker 1: And this is a guy who's who's my friend now, 1483 01:19:50,040 --> 01:19:52,000 Speaker 1: and he's put his horrible position where it feels like 1484 01:19:52,040 --> 01:19:54,759 Speaker 1: he's gonna get prosecuted by the FBI. Luckily he stood 1485 01:19:54,800 --> 01:19:57,719 Speaker 1: up to them and didn't do it. But just top 1486 01:19:57,760 --> 01:20:01,040 Speaker 1: to bottom of shocking situation. Part of why your story, 1487 01:20:01,120 --> 01:20:02,960 Speaker 1: I mean, there's a lot of reasons your story really 1488 01:20:03,000 --> 01:20:05,360 Speaker 1: interested us, but that's part of it is that you 1489 01:20:05,400 --> 01:20:07,960 Speaker 1: know the FBI tried to flip this guy who gave 1490 01:20:07,960 --> 01:20:12,400 Speaker 1: you this information about these horrific practices, and how basically 1491 01:20:12,479 --> 01:20:15,439 Speaker 1: anyone who attempts to be a whistleblower and stand up 1492 01:20:15,479 --> 01:20:18,719 Speaker 1: for what's right, the criminals they expose so they face 1493 01:20:18,800 --> 01:20:21,519 Speaker 1: no accountability, but they throw the book at you know, 1494 01:20:21,560 --> 01:20:24,680 Speaker 1: people like Julian Assange, people like Steven Donziger, people like 1495 01:20:25,000 --> 01:20:28,160 Speaker 1: yourself and the truck driver who ultimately gave you this tip. 1496 01:20:28,560 --> 01:20:31,080 Speaker 1: Why in this instance did they decide give us a 1497 01:20:31,120 --> 01:20:33,320 Speaker 1: little more detail on why they decided to drop the 1498 01:20:33,439 --> 01:20:37,120 Speaker 1: charges and why you actually wanted your day in court 1499 01:20:37,520 --> 01:20:42,920 Speaker 1: to have this whole story out. Yeah. Well, if you 1500 01:20:42,960 --> 01:20:45,880 Speaker 1: go off of what Iowa Select Farms will tell you, 1501 01:20:46,640 --> 01:20:50,280 Speaker 1: they're completely hands off and you know, letting the system 1502 01:20:50,320 --> 01:20:52,920 Speaker 1: do what it does. But I can tell you that, 1503 01:20:53,080 --> 01:20:56,000 Speaker 1: you know, we saw many of the emails. Their lawyers 1504 01:20:56,000 --> 01:21:00,640 Speaker 1: were extremely involved in really improper ways with the local prosecutor, 1505 01:21:01,080 --> 01:21:04,240 Speaker 1: and they had a hand in this prosecution. I actually 1506 01:21:04,280 --> 01:21:06,680 Speaker 1: had a prior prosecution related to this case a year 1507 01:21:06,720 --> 01:21:09,400 Speaker 1: ago that was dropped when the prosecutor said they didn't 1508 01:21:09,439 --> 01:21:12,479 Speaker 1: want to testify. And you know, we all know the 1509 01:21:12,560 --> 01:21:15,040 Speaker 1: fact of what's going on here They don't want this 1510 01:21:15,040 --> 01:21:16,479 Speaker 1: stuff to see the light of day. They don't want 1511 01:21:16,520 --> 01:21:18,880 Speaker 1: to testify about it. They want to accuse me of 1512 01:21:18,960 --> 01:21:21,519 Speaker 1: terrorism and try to you know, scare me off, you know, 1513 01:21:21,600 --> 01:21:25,880 Speaker 1: from the safety of you know, carefully manicured media releases 1514 01:21:26,360 --> 01:21:29,040 Speaker 1: and send their government goons out to do their bidding 1515 01:21:29,080 --> 01:21:30,920 Speaker 1: for them. But when it comes to an open court 1516 01:21:30,960 --> 01:21:34,439 Speaker 1: of law, they they run away and hide. Yeah, you've 1517 01:21:34,439 --> 01:21:36,479 Speaker 1: got them dead to rights. I mean that's kind of 1518 01:21:36,479 --> 01:21:38,840 Speaker 1: the amazing part about this whole story. Matt. What should 1519 01:21:38,840 --> 01:21:44,000 Speaker 1: people learn from the attempted prosecution of you, the silencing 1520 01:21:44,120 --> 01:21:46,000 Speaker 1: some of the laws. What are some of the immediate 1521 01:21:46,040 --> 01:21:48,599 Speaker 1: steps people can do out there in order to help 1522 01:21:48,880 --> 01:21:52,920 Speaker 1: your cause and people like you. Yeah, I hope that 1523 01:21:52,960 --> 01:21:55,720 Speaker 1: the people feel heartened by this and feel that we 1524 01:21:56,160 --> 01:21:59,040 Speaker 1: do have, you know, some measure of power to push 1525 01:21:59,080 --> 01:22:00,920 Speaker 1: back against this kind of thing. I look at the 1526 01:22:00,920 --> 01:22:03,880 Speaker 1: Stephen Donzigger's situation where you all were able to, you know, 1527 01:22:04,000 --> 01:22:06,080 Speaker 1: I think, play a role and at least having him, 1528 01:22:06,160 --> 01:22:08,320 Speaker 1: you know, not be sitting in prison. So, you know, 1529 01:22:08,360 --> 01:22:11,839 Speaker 1: if we come together and we show up in person 1530 01:22:11,960 --> 01:22:14,720 Speaker 1: and in virtual spaces and we get our message out there, 1531 01:22:15,720 --> 01:22:18,840 Speaker 1: you know, we can still apply some pressure and achieve 1532 01:22:18,880 --> 01:22:20,759 Speaker 1: some good results. So I encourage people to get active 1533 01:22:20,760 --> 01:22:23,760 Speaker 1: in whatever way they're able to. That's well said, Mat. Yeah, 1534 01:22:23,760 --> 01:22:26,639 Speaker 1: and my last question for you, Matt is what brought 1535 01:22:26,680 --> 01:22:30,400 Speaker 1: you to this issue with such passion, because I mean 1536 01:22:30,439 --> 01:22:33,000 Speaker 1: you were ready, you were prepared to go to prison 1537 01:22:33,520 --> 01:22:38,200 Speaker 1: for your beliefs and to expose these abuses and hopefully 1538 01:22:38,240 --> 01:22:41,960 Speaker 1: to help push the cause of justice forward. What gave 1539 01:22:42,000 --> 01:22:45,800 Speaker 1: you that particular, that passion and you know, gave you 1540 01:22:45,840 --> 01:22:48,719 Speaker 1: the courage to face what could be an owner of sentence. 1541 01:22:50,000 --> 01:22:53,479 Speaker 1: Oh that is a great question, Crystal. I mean really, 1542 01:22:53,520 --> 01:22:56,280 Speaker 1: I'd say it began as a child. I was kind 1543 01:22:56,320 --> 01:22:58,600 Speaker 1: of shocked it at this, you know, the kind of 1544 01:22:58,600 --> 01:23:02,840 Speaker 1: the concept of eating animals. As a kid, it struck me. 1545 01:23:03,560 --> 01:23:05,439 Speaker 1: But you know, growing up you kind of learn about 1546 01:23:05,439 --> 01:23:07,240 Speaker 1: some of the dynamics and I think I kind of 1547 01:23:07,680 --> 01:23:10,400 Speaker 1: take them, you know, to me. You look at it 1548 01:23:10,479 --> 01:23:13,800 Speaker 1: and there's just so many individuals you look at. I mean, 1549 01:23:14,200 --> 01:23:17,320 Speaker 1: by the percentage ninety nine point nine nine nine percent 1550 01:23:17,400 --> 01:23:20,200 Speaker 1: of sentient life on this planet is non human, and 1551 01:23:21,160 --> 01:23:24,040 Speaker 1: the way these animals are being abused, and the you know, 1552 01:23:24,640 --> 01:23:27,479 Speaker 1: tiny ount of representation they have, which you know, doesn't 1553 01:23:27,479 --> 01:23:30,439 Speaker 1: take anything away from obviously all the human injustice that 1554 01:23:30,520 --> 01:23:34,040 Speaker 1: exists in the world, but seems like, you know, extremely 1555 01:23:34,080 --> 01:23:38,240 Speaker 1: worthwhile case, and I encourage people to obviously take pay 1556 01:23:38,240 --> 01:23:40,599 Speaker 1: more attention to it. And do you think it's possible 1557 01:23:40,640 --> 01:23:43,959 Speaker 1: to have the reforms that you would want under a 1558 01:23:43,960 --> 01:23:47,519 Speaker 1: capitalistic system? I mean, that's basically what this was about, was, Hey, 1559 01:23:47,560 --> 01:23:50,600 Speaker 1: we treat these animals like commodities. They're cost burden on 1560 01:23:50,720 --> 01:23:52,880 Speaker 1: us now that the meat packing plants are shut down, 1561 01:23:53,000 --> 01:23:54,840 Speaker 1: so we're just going to kill them off and the 1562 01:23:54,960 --> 01:23:58,080 Speaker 1: cheapest and easiest way possible. I mean, as long as 1563 01:23:58,120 --> 01:24:01,080 Speaker 1: the profit motive is the only sort of guiding force 1564 01:24:01,120 --> 01:24:03,599 Speaker 1: in society, are we going to get to a better 1565 01:24:03,680 --> 01:24:07,559 Speaker 1: place here? Oh wow, another great question, Thank you. Yeah, 1566 01:24:07,640 --> 01:24:11,320 Speaker 1: I think that we can. I think that the end 1567 01:24:11,320 --> 01:24:13,560 Speaker 1: of the fundamental issue, and I'm sure there will be 1568 01:24:13,600 --> 01:24:18,000 Speaker 1: some disagreement on this one, is this idea of commodifying 1569 01:24:18,040 --> 01:24:21,599 Speaker 1: sentient life, particularly in a nation we have three hundred 1570 01:24:21,600 --> 01:24:26,000 Speaker 1: million people with the consumption habits that we do. You know, 1571 01:24:26,120 --> 01:24:28,519 Speaker 1: the cruel thing to be exposed in this case, of course, 1572 01:24:28,760 --> 01:24:32,559 Speaker 1: was just beyond the pale, horrifying, but it really is 1573 01:24:32,600 --> 01:24:36,400 Speaker 1: the product of an ideology which is animal exploitation, which 1574 01:24:36,640 --> 01:24:40,080 Speaker 1: guarantees horrifying results. You look at but quick you know, 1575 01:24:40,479 --> 01:24:43,880 Speaker 1: Costco has a five dollars rotisserie chicken, and anybody can see, 1576 01:24:43,920 --> 01:24:47,120 Speaker 1: like look at the entire cycle supply chain there of 1577 01:24:47,479 --> 01:24:51,320 Speaker 1: feeding this animal and transporting and processing and point of sale. 1578 01:24:51,560 --> 01:24:53,880 Speaker 1: There's not much care there. But even if it was 1579 01:24:53,880 --> 01:24:56,760 Speaker 1: a fifty dollars chicken, what would you know, what would 1580 01:24:56,800 --> 01:24:58,760 Speaker 1: kind of care when fifty dollars buy for your dog 1581 01:24:58,800 --> 01:25:00,560 Speaker 1: and cat at home? That you would think is acceptable 1582 01:25:00,600 --> 01:25:03,320 Speaker 1: for even a few months, Like even at fifty dollars, 1583 01:25:03,479 --> 01:25:08,120 Speaker 1: that animal better have no health issues whatsoever, or it's 1584 01:25:08,120 --> 01:25:12,240 Speaker 1: going to die probably in a horrible way. Or and 1585 01:25:12,560 --> 01:25:14,840 Speaker 1: looking at the places where these animals live that they're 1586 01:25:14,840 --> 01:25:17,920 Speaker 1: going to have health issues. So you know, I think 1587 01:25:17,920 --> 01:25:20,759 Speaker 1: in this day and age, we have the impossible burgher 1588 01:25:21,000 --> 01:25:23,439 Speaker 1: and you've had like cashew milk ice cream. There's so 1589 01:25:23,439 --> 01:25:25,679 Speaker 1: many alternatives out there. I mean, at some point it's 1590 01:25:25,760 --> 01:25:28,200 Speaker 1: like what are we even still clinging to here? Like 1591 01:25:28,280 --> 01:25:30,960 Speaker 1: let's you know, let's let's move forward and innovate and 1592 01:25:31,280 --> 01:25:33,639 Speaker 1: you know, find the best in ourselves. I think that's 1593 01:25:33,680 --> 01:25:36,960 Speaker 1: a very uncomfortable conversation for a lot of people, myself included. 1594 01:25:37,000 --> 01:25:39,360 Speaker 1: I put myself in that camp. But that's exactly why 1595 01:25:39,360 --> 01:25:42,200 Speaker 1: we wanted to talk to you today. You know, we 1596 01:25:42,240 --> 01:25:44,639 Speaker 1: talk a lot about challenging power on the show. Part 1597 01:25:44,640 --> 01:25:48,040 Speaker 1: of what you're exposing an incredibly corrupt system IOWA select 1598 01:25:48,400 --> 01:25:51,640 Speaker 1: massive political donations across the spectrum, getting to write their 1599 01:25:51,680 --> 01:25:56,320 Speaker 1: own rules appears to be controlling prosecution or lack thereof. 1600 01:25:56,439 --> 01:25:59,680 Speaker 1: So we really appreciate you spending some time educating our 1601 01:25:59,720 --> 01:26:02,240 Speaker 1: audits and also for the courage that you've brought to 1602 01:26:02,320 --> 01:26:06,120 Speaker 1: your activism. Thank you, Matt, Thank you so much. Absolutely sure, 1603 01:26:07,160 --> 01:26:09,800 Speaker 1: Thank you guys so much for watching. We really appreciate it. 1604 01:26:09,800 --> 01:26:13,519 Speaker 1: It's amazing. You know, look, Crystal, we keep opening the kimono, 1605 01:26:13,680 --> 01:26:16,559 Speaker 1: so to speak. But the level of just weird stuff 1606 01:26:16,560 --> 01:26:19,760 Speaker 1: that happens to our channel, it's difficult to describe. It. 1607 01:26:19,840 --> 01:26:21,680 Speaker 1: Just so happens, you know, one of my monologues or 1608 01:26:21,680 --> 01:26:24,960 Speaker 1: whatever just disappears or isn't put or into the feed 1609 01:26:25,000 --> 01:26:27,960 Speaker 1: on Instagram, one of our videos it doesn't play. It's 1610 01:26:28,000 --> 01:26:30,639 Speaker 1: always a reminder we're one step away from just being 1611 01:26:30,640 --> 01:26:33,880 Speaker 1: taken off or demonetized. We get very little explanation as 1612 01:26:33,880 --> 01:26:36,400 Speaker 1: to why these things happen to our content, I think 1613 01:26:36,439 --> 01:26:39,400 Speaker 1: you can surmise for yourself. The reason is is that 1614 01:26:39,439 --> 01:26:41,640 Speaker 1: we rely on you, and so because of that, we 1615 01:26:41,680 --> 01:26:43,320 Speaker 1: have a premium link in the description. If you can 1616 01:26:43,360 --> 01:26:45,720 Speaker 1: help us out, we deeply appreciate it. It It makes us 1617 01:26:45,720 --> 01:26:48,000 Speaker 1: so that we cover every single one of these things 1618 01:26:48,000 --> 01:26:51,479 Speaker 1: that we did today with no fear for retribution. Yeah, indeed, 1619 01:26:51,479 --> 01:26:54,439 Speaker 1: we appreciate you guys for enabling that and letting us 1620 01:26:54,479 --> 01:26:56,439 Speaker 1: do the show that we think that you deserve to 1621 01:26:56,439 --> 01:26:58,439 Speaker 1: the best of our abilities. So have a wonderful day 1622 01:26:58,439 --> 01:27:13,320 Speaker 1: and we'll see you back here tomorrow s.