WEBVTT - How Dark Money Works

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<v Speaker 1>Welcome to you. Stuff you should know from House Stuff

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<v Speaker 1>Works dot com. Bush and Duccas on crime. Bush supports

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<v Speaker 1>the death penalty for first degree murderers. Du Concas not

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<v Speaker 1>only opposes the death penalty, he allowed first degree murderers

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<v Speaker 1>to have weekend passes from prison. One was Willie Horton,

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<v Speaker 1>who murdered a boy and a robbery, stabbing him nineteen times.

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<v Speaker 1>Despite a life sentence, Horton received ten weekend passes from prison.

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<v Speaker 1>Horton fled, kidnapped a young couple, stabbing the man and

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<v Speaker 1>repeatedly raping his girlfriend. Weekend prison passes. Ducacas on crime,

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<v Speaker 1>Hey and welten to the podcast. I'm Josh Clark, there's

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<v Speaker 1>Charles to Be, Chuck Bryant, there's Jerry over there. And

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<v Speaker 1>what you've just heard was something we brought back with

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<v Speaker 1>us from via the way back machine. An attack ad.

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<v Speaker 1>The attack AD from the election between George Trebert Walker

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<v Speaker 1>Bush and one Michael du Caucus and Uh. That ad

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<v Speaker 1>is widely credited as turning the tide against du Caucus's campaign,

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<v Speaker 1>which was doing pretty good at the time. Well, some

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<v Speaker 1>people say so, other people say depends on who you asked.

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<v Speaker 1>Always dissent that's politics. As it turns out, there's always

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<v Speaker 1>more than one opinion. But the reason we bring up

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<v Speaker 1>this ad which UM first aired on September twenty one, nineteen. Yes, UM,

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<v Speaker 1>it's called weekend Passes for obvious reasons, and it was

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<v Speaker 1>UM funded by something called the National Security Political Action

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<v Speaker 1>Committee And n s PACK was a non affiliated pro

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<v Speaker 1>Bush political action committee that was aimed at sinking du

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<v Speaker 1>Caucus and getting Bush elected. Yeah. I think one of

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<v Speaker 1>Bush's uh maybe it was his chief campaign guy said

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<v Speaker 1>by the time we're done, people are gonna think Willie

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<v Speaker 1>Horton is du Caucus is running mate. And it worked too.

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<v Speaker 1>I mean, like still, if if you say the name

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<v Speaker 1>Willie Horton, people of a certain age e g. R

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<v Speaker 1>age can still say, oh I know who that is. Yeah. Well, quickly,

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<v Speaker 1>the story of Willie Horton is he was he was

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<v Speaker 1>in prison for murder, was furloughed as part of the

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<v Speaker 1>UH for a weekend as part of the Massachusetts furlough

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<v Speaker 1>program that was UM in effect at the time, and

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<v Speaker 1>he raped and killed somebody on this weekend pass on

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<v Speaker 1>the weekend pass, which was a big sign that it

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<v Speaker 1>may not be a good idea to furlow murders. I

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<v Speaker 1>guess they needed to test it out to find out

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<v Speaker 1>one way or another. But yeah, that pretty much closed

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<v Speaker 1>the book on it. And the thing was the Bush

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<v Speaker 1>campaign linked du Caucus is well, du Caucus himself with

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<v Speaker 1>the weekend passes and insinuated that he had come up

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<v Speaker 1>with this and that he was in support of it. Well,

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<v Speaker 1>he wasn't support of it. He didn't come up with

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<v Speaker 1>it though. Yeah, he inherited it from his Republican predecessor,

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<v Speaker 1>I believe. Yeah, it actually started in nine two, uh

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<v Speaker 1>with a Republican governor governor of Massachusetts, which apparently things

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<v Speaker 1>have been going fine up until then until Willie Horton

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<v Speaker 1>came along. Yeah, it kind of had a weird uh

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<v Speaker 1>along and winding road. Um. The initial program excluded first

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<v Speaker 1>degree murderers, and then the Supreme Court said, no, the

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<v Speaker 1>law doesn't specifically say that, so you can't exclude first

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<v Speaker 1>degree murders. So the legislature said, well, we gotta put

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<v Speaker 1>a stop to this, and we can't let first agree

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<v Speaker 1>murderers out on leave, and Ducacus vetoed that. So he

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<v Speaker 1>did support it until he decided to run for president,

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<v Speaker 1>and that's when he said let's get this off. So

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<v Speaker 1>the n speck ad was very um widely criticized. It

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<v Speaker 1>was criticized as being misleading, It was criticized as fostering

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<v Speaker 1>racist attitudes. Um. And but it still worked. A lot

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<v Speaker 1>of people say, and I understand some people say, no,

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<v Speaker 1>a lot of people say, this did work. So people

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<v Speaker 1>say it was the tank gride remember that. Oh I

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<v Speaker 1>forgot about this road around that tank. Yeah, I totally

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<v Speaker 1>forgot about that. He was off the rails there for

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<v Speaker 1>a little bit. Um. But the the thing is is

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<v Speaker 1>George Bush's campaign I was able to say, hey, this

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<v Speaker 1>had nothing to do with us, blame an s pack.

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<v Speaker 1>So it still worked in George Bush's favor. But George

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<v Speaker 1>Bush got to got to say, this had nothing to

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<v Speaker 1>do with me. Remodel it. That was Clinton. I just did. Um.

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<v Speaker 1>It was. It was pretty dead on Clinton. Really, it's

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<v Speaker 1>called a political matchup. Um. And the whole way that

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<v Speaker 1>this pack was was funded was with what's called dark money. Yeah.

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<v Speaker 1>We should uh, we should just title this one how

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<v Speaker 1>to Exploit a Loophole in America. Yeah, and the Supreme

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<v Speaker 1>Court really screwed things up. Yeah. Or if you don't

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<v Speaker 1>like Josh and chuck talking politics. Turn it off now,

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<v Speaker 1>but we're taking down the system. Yeah. Yeah, here's the thing, man,

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<v Speaker 1>Billionaires controlling who gets elected in the United States is

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<v Speaker 1>not a conservative or liberal issue. We're all being screwed

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<v Speaker 1>over equally. Here everyone, I got a stat for you,

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<v Speaker 1>and then we'll get right into it. This will shake

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<v Speaker 1>you to the core. Uh. Since two thousand ten of

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<v Speaker 1>the one billion dollars spent in federal elections by superpacks,

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<v Speaker 1>almost sixty of that money came from one hundred and

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<v Speaker 1>ninety five people and their spouses one hundred and nine

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<v Speaker 1>people of campaign of superpack spending. And as as it

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<v Speaker 1>is crazy, but it's not that surprising if you really

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<v Speaker 1>step back and look at what's been going on the

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<v Speaker 1>last decade or so. And that's what people I mean,

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<v Speaker 1>some people say like spending tons of money on a

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<v Speaker 1>elections isn't bad. It's the fact that people are the

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<v Speaker 1>ones doing the majority of the spending that it's not right.

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<v Speaker 1>And the the that's a billion dollars spent by super

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<v Speaker 1>packs or political action committees, and super packs up until

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<v Speaker 1>recently had to disclose um who donated money to him.

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<v Speaker 1>So this is just the money that's traceable, and what

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<v Speaker 1>we're talking about is the money that's not traceable here.

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<v Speaker 1>So we're gonna go back a little bit um in

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<v Speaker 1>the way back machine, back to the early twentieth century

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<v Speaker 1>once again. Yeah, and um, we're gonna talk about money

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<v Speaker 1>in politics. There's this really good Mother Jones article called

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<v Speaker 1>Follow the Dark Money, and it gives a bit of

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<v Speaker 1>a history of politics and money. Uh and says Congress

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<v Speaker 1>is always reacting to some sort of money scandal, but

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<v Speaker 1>there's this long history and tradition of knowing who is

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<v Speaker 1>funding campaigns transparency in America. Yeah, and it started with

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<v Speaker 1>Teddy Roosevelt. Teddy Roosevelt ran as a trust buster. He

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<v Speaker 1>was against the big corporations that controlled so much in

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<v Speaker 1>the robber barons, but he was also simultaneously secretly going

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<v Speaker 1>to these same corporations and robber barons and getting secret

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<v Speaker 1>funding for his campaigns. Yes, one tycoon said Teddy Roosevelt

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<v Speaker 1>got down on his knees for us. That's not the

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<v Speaker 1>normal description of Teddy Roosevelt. And as far as corporations

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<v Speaker 1>are concerned, not the public image of him. Teddy Roosevelt,

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<v Speaker 1>you wouldn't think got on his knees for anybody. So

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<v Speaker 1>as a result, after Roosevelt was elected, he actually did

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<v Speaker 1>something about it. He signed into law the Tilman Act

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<v Speaker 1>that prevented it. Outlawed corporations from directly contributing to candidates.

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<v Speaker 1>That's illegal, still is today. It is. That's why we

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<v Speaker 1>need loopholes. Watergate came along in uh the I think

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<v Speaker 1>the nineteen seventy four, nineteen yeah, nine seventy two election

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<v Speaker 1>when Nixon was running for UM office. He um, okay,

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<v Speaker 1>he accepted twenty million dollars in nineteen seventy two money

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<v Speaker 1>UM in secret political contributions. And we're talking like delivered

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<v Speaker 1>in cash and checks in briefcases by couriers who were

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<v Speaker 1>flying private jets from Texas to d C. For Pete's sake. Yeah,

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<v Speaker 1>and his personal attorney when Herbert Kombach Uh, he was

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<v Speaker 1>the deputy finance chair for the Committee for re Election

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<v Speaker 1>for President, he destroyed this evidence and went to prison

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<v Speaker 1>for it. So it was a real thing that happened.

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<v Speaker 1>What's crazy is their their Political Action Committee was the

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<v Speaker 1>Committee to re Elect the President and the acronym was Creep.

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<v Speaker 1>They called themselves creep and they were trying to reelect Nixon.

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<v Speaker 1>Funny I mean, come on, it's a little on the nose.

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<v Speaker 1>Don't you think maybe it was lost on them? So um,

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<v Speaker 1>you fast forward and you just say, okay, guys, let's

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<v Speaker 1>bashing Teddy Roosevelt and Richard Nixon. How about some some

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<v Speaker 1>Democrats in there. And uh, Bill Clinton was a really

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<v Speaker 1>good example of that as well. Yeah, you want to

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<v Speaker 1>go jogging with Bill, I want to play a little

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<v Speaker 1>golf six figure check. Please. Access to the president or

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<v Speaker 1>even somebody who's running for the presidency is not supposed

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<v Speaker 1>to be purchasable. You or you or I. We can't

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<v Speaker 1>do that. We don't have access to the president because

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<v Speaker 1>we don't have that much money. So it's just simply

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<v Speaker 1>not fair for somebody who does have that much money

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<v Speaker 1>to have that much more access to the president or

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<v Speaker 1>somebody running for the president. So over the years have

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<v Speaker 1>been scandal and then uh some sort of change to

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<v Speaker 1>campaign finance laws. But there's been this through thread over

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<v Speaker 1>the twentieth century that America has said, we want to

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<v Speaker 1>know who is giving money to uh two candidates. We

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<v Speaker 1>want to know who they're indebted to when they win. Yeah,

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<v Speaker 1>but there's also a been at the head of every

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<v Speaker 1>time law comes into action. There is a loophole that

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<v Speaker 1>is invariably found that can get around that, created by

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<v Speaker 1>the same politicians who passed the Act to begin with,

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<v Speaker 1>because it's a game. They really upsetting if you think

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<v Speaker 1>about it. Oh, it's very upsetting. I'm I'm really doing

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<v Speaker 1>a good job here staying calm. Well, you have a

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<v Speaker 1>vein in your forehead that's pulsing. I can see it is.

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<v Speaker 1>There's this blood spurting out of it. So um chuck.

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<v Speaker 1>There's a there's another thread to um to all of this.

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<v Speaker 1>It's semi political, and that is the tax code. Right,

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<v Speaker 1>So if you go look at the tax code after,

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<v Speaker 1>you're going to see something called the five oh one

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<v Speaker 1>C four organization called a social welfare organization, or you

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<v Speaker 1>can also be a local association of employees and be

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<v Speaker 1>a five one four Those are also known as unions. Right,

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<v Speaker 1>And as of nineteen thirteen the Underwood terrorf Act, which

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<v Speaker 1>brought back in taxes, five oh one four organizations are

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<v Speaker 1>nonprofits that are tax exempt, right, Yeah, and they can

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<v Speaker 1>accept donations. But because of this uh there five oh

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<v Speaker 1>one C four status, they don't have to reveal who

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<v Speaker 1>their donors are, right, which wouldn't seem like a big

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<v Speaker 1>problem because all nonprofits are are people trying to save

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<v Speaker 1>animals and save the rainforest. Right, social welfare. One. Sure,

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<v Speaker 1>so you want to just donate your money and I

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<v Speaker 1>want it to be anonymous and it's no big deal.

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<v Speaker 1>But that is not always the case. Um. By the

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<v Speaker 1>well late nineteen fifty nine, early nineteen sixties, the government

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<v Speaker 1>realized that politics and uh five oh one see where

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<v Speaker 1>they five one c fours at that time, Okay, um,

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<v Speaker 1>they were intertwined. Uh, there was nothing they could do

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<v Speaker 1>about it, and so they started loosening rules. In a

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<v Speaker 1>nineteen eight one they said, you know what, you can

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<v Speaker 1>be politically engaged as long as it's under the banner

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<v Speaker 1>of the promotion of quote social welfare, or that the

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<v Speaker 1>work you're doing is primarily social welfare. And the way

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<v Speaker 1>that that translated as far as the I R S,

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<v Speaker 1>who you know, um enforces the tax code. As far

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<v Speaker 1>as the I R S was concerned, it was if

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<v Speaker 1>fifty one of your funds are spent on social welfare,

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<v Speaker 1>you can spend up to forty on political stuff. Yeah,

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<v Speaker 1>And the I R S had to fight for that

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<v Speaker 1>designation because previously it just said primarily which is such

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<v Speaker 1>a loose uh word. You know, they said, you know,

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<v Speaker 1>we what does this really mean? Right? And so that

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<v Speaker 1>they just through I think they released an interpretation a

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<v Speaker 1>rule that said this is what primarily means nine And

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<v Speaker 1>that was the rule from one on basically, um and so, okay,

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<v Speaker 1>you've got five ohen C. Four is they're hanging out

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<v Speaker 1>there over there, they're doing their own thing. Nobody's paying

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<v Speaker 1>too much attention to them. Uh. And then two ten

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<v Speaker 1>rolls along, and there was a lawsuit that had made

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<v Speaker 1>its way through the lower courts up to the Supreme Court,

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<v Speaker 1>and it was called Citizens United versus the Federal Election Committee.

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<v Speaker 1>It sounds so boring that I hazard to say that

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<v Speaker 1>Americans have never even heard of it. And it's and

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<v Speaker 1>it may be one of the most influential Supreme Court

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<v Speaker 1>rulings in the history of this country. But it just

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<v Speaker 1>listened to it. Citizens United versus the FEC Snooze. So

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<v Speaker 1>Citizens United was a m a political action committee and uh, well,

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<v Speaker 1>I think it still is as a matter of fact.

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<v Speaker 1>And Citizens United was spending money on advertisements for a

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<v Speaker 1>video on demand movie that was basically um a attack

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<v Speaker 1>ad one giant attack ad on Hillary Clinton. I thought

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<v Speaker 1>you're gonna say it was one of those Kirk Camera

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<v Speaker 1>in movies. I think it was similar. He had a

0:13:54.280 --> 0:13:58.160
<v Speaker 1>cameo I think, right, and so in this movie, um,

0:13:58.280 --> 0:14:01.720
<v Speaker 1>like the Citizens United didn't. I don't believe they funded

0:14:01.760 --> 0:14:03.600
<v Speaker 1>the movie Your Finance if, but they were. They were

0:14:04.280 --> 0:14:07.240
<v Speaker 1>running ads about it, and they were running ads within

0:14:07.320 --> 0:14:11.160
<v Speaker 1>I think thirty days of the election, no, sixty days

0:14:11.200 --> 0:14:14.360
<v Speaker 1>of the prime no, sorry, thirty days of a primary election,

0:14:14.559 --> 0:14:17.040
<v Speaker 1>which under the McCain Fine Goal of Act, which is

0:14:17.080 --> 0:14:20.880
<v Speaker 1>a campaign finance Reform Act that came along in two

0:14:20.880 --> 0:14:24.240
<v Speaker 1>do to um, you're not allowed to do And Citizens

0:14:24.280 --> 0:14:26.400
<v Speaker 1>United said, you know what, why wouldn't we be allowed

0:14:26.440 --> 0:14:29.280
<v Speaker 1>to do? This is political speech. Um, We're going to

0:14:29.360 --> 0:14:32.400
<v Speaker 1>sue the Federal Elections Commission, And they did, and the

0:14:32.440 --> 0:14:35.160
<v Speaker 1>Supreme Court ruled on it, and the Supreme Court in

0:14:35.240 --> 0:14:39.160
<v Speaker 1>Citizens United ruled in favor of Citizens United. But then

0:14:39.200 --> 0:14:44.200
<v Speaker 1>they released one of the most sweeping explanations of what

0:14:44.240 --> 0:14:48.680
<v Speaker 1>they'd ruled that just completely changed the face of American

0:14:48.720 --> 0:14:53.080
<v Speaker 1>politics from that point on. It said, it's open season.

0:14:53.720 --> 0:14:58.120
<v Speaker 1>Bring in as much money as you want uh into

0:14:58.280 --> 0:15:02.400
<v Speaker 1>the American political system, because we are opening the floodgates

0:15:03.280 --> 0:15:05.480
<v Speaker 1>as wide as they can go. Yeah, what they basically

0:15:05.520 --> 0:15:09.320
<v Speaker 1>did was they equated speech with money. And they said,

0:15:10.160 --> 0:15:14.480
<v Speaker 1>basically they took the term money talks to the reaches

0:15:14.520 --> 0:15:17.280
<v Speaker 1>that we can't even comprehend that you can make huge

0:15:17.280 --> 0:15:20.400
<v Speaker 1>donations and that is a political statement. That is, your

0:15:20.440 --> 0:15:23.960
<v Speaker 1>speech is a corporation, and you are protected because corporations

0:15:23.960 --> 0:15:27.000
<v Speaker 1>are individuals. Right, So, so that's exactly what they did.

0:15:27.000 --> 0:15:31.960
<v Speaker 1>They said, spending money on political campaigns, any political contribution

0:15:32.200 --> 0:15:34.880
<v Speaker 1>is a form of political speech. Speech is protected under

0:15:34.920 --> 0:15:39.360
<v Speaker 1>the First Amendment, but the speech of individuals is protected. Well.

0:15:39.400 --> 0:15:43.240
<v Speaker 1>Corporations are considered artificial people, so therefore they should have

0:15:43.320 --> 0:15:47.080
<v Speaker 1>that same thing extended to them, right, And so that

0:15:47.160 --> 0:15:52.000
<v Speaker 1>the ruling was that you can spend as much as

0:15:52.040 --> 0:15:54.280
<v Speaker 1>you want as long as it doesn't go directly to

0:15:54.320 --> 0:15:59.560
<v Speaker 1>a candidate. And um, you can also now that since

0:15:59.560 --> 0:16:02.760
<v Speaker 1>there's five four's, you can funnel as much money as

0:16:02.800 --> 0:16:05.040
<v Speaker 1>you want two or five O four and remain an

0:16:05.040 --> 0:16:08.400
<v Speaker 1>anonymous donor. Yeah. And the problem, well, there are a

0:16:08.440 --> 0:16:12.600
<v Speaker 1>lot of problems. One of the biggest problems is is

0:16:12.640 --> 0:16:15.840
<v Speaker 1>these corporations are spending tons and tons, millions and millions

0:16:15.840 --> 0:16:19.880
<v Speaker 1>of dollars. The court essentially said, uh, Joe Schmo on

0:16:19.920 --> 0:16:22.640
<v Speaker 1>the street donating ten dollars to a campaign is the

0:16:22.680 --> 0:16:25.880
<v Speaker 1>same thing as a corporation donating hundred thousand dollars to

0:16:25.920 --> 0:16:29.080
<v Speaker 1>a campaign, because they're both individuals. So it created this

0:16:29.160 --> 0:16:32.160
<v Speaker 1>huge loophole. And I think the Supreme Court they were

0:16:32.960 --> 0:16:37.080
<v Speaker 1>relying on was uh that these groups would be independent

0:16:37.120 --> 0:16:39.920
<v Speaker 1>of the candidates. And that's not only not how it

0:16:39.920 --> 0:16:42.000
<v Speaker 1>worked out. That was the plan all along. It was

0:16:42.080 --> 0:16:45.520
<v Speaker 1>extremely naive, the ruling was. And if you look at

0:16:45.600 --> 0:16:47.760
<v Speaker 1>naive or was it, I don't know, but if you

0:16:47.800 --> 0:16:50.400
<v Speaker 1>look at the I have the same questions. You know,

0:16:50.600 --> 0:16:52.960
<v Speaker 1>a lot of people do the the If you look

0:16:52.960 --> 0:16:55.960
<v Speaker 1>at the ruling though, there's a section on transparency where

0:16:56.000 --> 0:17:00.520
<v Speaker 1>they say, with the Supreme Court uphold the constitutionality of

0:17:00.600 --> 0:17:06.000
<v Speaker 1>requiring transparency in campaign finance eight to one, which is

0:17:06.160 --> 0:17:09.560
<v Speaker 1>like they're the only person descending was Clarence Thomas, and

0:17:09.640 --> 0:17:13.000
<v Speaker 1>it was like, yes, we're saying you need to be transparent,

0:17:13.440 --> 0:17:15.879
<v Speaker 1>and they said, okay, well, then transparency is going to

0:17:15.960 --> 0:17:19.760
<v Speaker 1>come through people demanding the corporations that they own stock

0:17:19.800 --> 0:17:23.679
<v Speaker 1>in to release what what political donations they've done. That

0:17:23.720 --> 0:17:26.200
<v Speaker 1>makes total sense. If you have stock in the company,

0:17:26.600 --> 0:17:30.399
<v Speaker 1>if your life's fortune is invested in a corporation, you

0:17:30.440 --> 0:17:33.280
<v Speaker 1>should know who are they're who they're giving their money to. Okay,

0:17:33.320 --> 0:17:35.560
<v Speaker 1>so that's one way. And they also said, well, the

0:17:35.840 --> 0:17:38.879
<v Speaker 1>Federal Elections Commission, they've got their job to do, the

0:17:38.920 --> 0:17:42.320
<v Speaker 1>I R S, the SEC. There's all these regulatory agencies

0:17:42.520 --> 0:17:47.720
<v Speaker 1>that are tasked with keeping transparency in the political process,

0:17:47.800 --> 0:17:50.440
<v Speaker 1>and um, we're we're just going to rely on them.

0:17:50.560 --> 0:17:53.520
<v Speaker 1>And as we're about to see after this break, relying

0:17:53.560 --> 0:18:15.479
<v Speaker 1>on that was an enormous mistake. Foolhardy. All all right,

0:18:15.640 --> 0:18:19.440
<v Speaker 1>we're back boy. We're getting riled up today. I'm remaining calm.

0:18:19.520 --> 0:18:24.600
<v Speaker 1>Still up election season. So the Supreme Court said, guys,

0:18:24.600 --> 0:18:27.000
<v Speaker 1>spend as much money as you want, spend it anonymously

0:18:27.080 --> 0:18:30.480
<v Speaker 1>if you want. Um, the only thing that remains illegal

0:18:31.119 --> 0:18:37.840
<v Speaker 1>is UH corporations contributing directly to candidates, right, which, once

0:18:37.880 --> 0:18:41.200
<v Speaker 1>you have these loopholes, who cares, you don't need to anymore. Right. Plus, also,

0:18:41.480 --> 0:18:44.560
<v Speaker 1>don't even worry about the mega donors donating directly to

0:18:44.680 --> 0:18:50.440
<v Speaker 1>candidates because you, um, there's there's requirements for reporting, there's

0:18:50.440 --> 0:18:54.480
<v Speaker 1>transparency requirements. If you under McCain. Fine gold. If you

0:18:55.200 --> 0:18:58.960
<v Speaker 1>contribute a thousand dollars or more to a candidate or

0:18:59.080 --> 0:19:02.480
<v Speaker 1>a pack that has to report donors, um, you have

0:19:02.560 --> 0:19:06.000
<v Speaker 1>to report it. Somebody's got to report it. Sure there's transparency, right,

0:19:06.320 --> 0:19:09.280
<v Speaker 1>the Federal Elections Commission, the i R S, all these

0:19:09.280 --> 0:19:12.840
<v Speaker 1>guys are tasked with making sure that happened. So we're fine.

0:19:12.960 --> 0:19:16.240
<v Speaker 1>Supreme Court went home and took a giant NAT together

0:19:16.280 --> 0:19:21.280
<v Speaker 1>on their enormous nine person bed. UH. And here's one

0:19:21.280 --> 0:19:22.760
<v Speaker 1>of the other big problems is a lot of this

0:19:22.800 --> 0:19:27.359
<v Speaker 1>money goes toward UH campaign ads, television ads, which have

0:19:27.400 --> 0:19:31.040
<v Speaker 1>a lot of sway um nine out of ten and

0:19:31.400 --> 0:19:34.679
<v Speaker 1>people have studied this. The uh Annenberg Public Policy Center

0:19:35.200 --> 0:19:38.040
<v Speaker 1>UH determined that in the two thousand twelve campaign cycle,

0:19:38.160 --> 0:19:42.160
<v Speaker 1>nine out of ten ads UH funded by dark money

0:19:42.200 --> 0:19:44.879
<v Speaker 1>were negative. So that's why you see those negative ads.

0:19:44.880 --> 0:19:47.520
<v Speaker 1>And not only that, but twenty of those were misleading.

0:19:48.359 --> 0:19:52.679
<v Speaker 1>And there's no accountability. So they're being funded anonymously and

0:19:52.720 --> 0:19:54.960
<v Speaker 1>there's no fact checker. They don't have to run it

0:19:55.000 --> 0:19:57.920
<v Speaker 1>by anybody to get approval and say, well, this is

0:19:57.960 --> 0:20:00.680
<v Speaker 1>all true, it's not misleading at all. So you could

0:20:00.720 --> 0:20:04.040
<v Speaker 1>basically say whatever you want the ad runs, it's anonymously funded,

0:20:04.240 --> 0:20:07.080
<v Speaker 1>and someone's campaign is destroyed in the process. So the

0:20:07.520 --> 0:20:11.200
<v Speaker 1>point is, as long as the candidate is not coordinating

0:20:11.640 --> 0:20:14.359
<v Speaker 1>with the political action committee, the superpacker, the five oh

0:20:14.400 --> 0:20:18.720
<v Speaker 1>one CE four, then it's all kosher. It's all illegal coordinating,

0:20:18.760 --> 0:20:23.199
<v Speaker 1>meaning like so blatantly like come on, it's still going on.

0:20:23.400 --> 0:20:26.560
<v Speaker 1>So every every election season as it starts to kick off,

0:20:26.600 --> 0:20:30.200
<v Speaker 1>you'll you'll see on the news like Ted Cruz or

0:20:30.240 --> 0:20:34.680
<v Speaker 1>Bernie Sanders or whoever just released of an eerie twelve

0:20:34.720 --> 0:20:39.920
<v Speaker 1>hour tape of them doing different things with no soundtrack whatsoever.

0:20:40.600 --> 0:20:44.040
<v Speaker 1>And and the whole thing is they they'll release a

0:20:44.119 --> 0:20:46.800
<v Speaker 1>real and it's them hanging out with their mom, them

0:20:46.840 --> 0:20:50.200
<v Speaker 1>writing a tractor, them like standing on like a mountain

0:20:50.280 --> 0:20:52.560
<v Speaker 1>looking as the sun comes up, with their foot on

0:20:52.600 --> 0:20:54.840
<v Speaker 1>the head of a small child. Sure, they're like there,

0:20:54.880 --> 0:20:57.400
<v Speaker 1>and it's just that there's no sound to it whatsoever.

0:20:57.480 --> 0:20:59.320
<v Speaker 1>And they just put it out there. I'm just putting

0:20:59.320 --> 0:21:01.399
<v Speaker 1>it out there, and then anybody wants to use it

0:21:01.440 --> 0:21:03.480
<v Speaker 1>can do whatever they want with it. And then the

0:21:03.520 --> 0:21:07.840
<v Speaker 1>political action committees, the super from the come along use

0:21:07.960 --> 0:21:11.359
<v Speaker 1>that footage to make their ads in support of the candidate.

0:21:11.359 --> 0:21:12.600
<v Speaker 1>I kind of wondered. I was like, how are they

0:21:12.600 --> 0:21:15.480
<v Speaker 1>getting this footage anyway? If they can't be directed putting

0:21:15.480 --> 0:21:18.200
<v Speaker 1>it out there? I had no idea. Yeah, it's pretty

0:21:18.200 --> 0:21:20.280
<v Speaker 1>cynical really if you think about it, the idea that

0:21:20.280 --> 0:21:23.080
<v Speaker 1>they're not coordinating in any way, shape or form. They're

0:21:23.119 --> 0:21:26.600
<v Speaker 1>just putting all this footage out there. And and again,

0:21:26.840 --> 0:21:28.800
<v Speaker 1>guys like if you're getting riled up if you're a

0:21:28.800 --> 0:21:32.080
<v Speaker 1>Republican when we say they like the Democrats do this too,

0:21:32.119 --> 0:21:36.520
<v Speaker 1>But it's really disingenuous to say that all parties are

0:21:36.600 --> 0:21:42.119
<v Speaker 1>equally equally at fault here for using dark money, because again,

0:21:42.480 --> 0:21:45.680
<v Speaker 1>studies show that if you quantify the amount of money

0:21:45.720 --> 0:21:49.480
<v Speaker 1>spent by the GOP and by the Democrats, the GOP

0:21:49.920 --> 0:21:57.000
<v Speaker 1>has outspent the Democrats mind boggling anything to sevent Yes.

0:21:57.080 --> 0:22:00.520
<v Speaker 1>As far as using dark money goes, it's it's definitely

0:22:00.560 --> 0:22:03.760
<v Speaker 1>not a like. The Democrats do it, for sure, and

0:22:04.000 --> 0:22:07.159
<v Speaker 1>they sometimes do it cynically. I wade about a a

0:22:07.400 --> 0:22:12.560
<v Speaker 1>dark money committee that released an ad in favor of

0:22:12.600 --> 0:22:17.720
<v Speaker 1>Harry Reid lambasting dark money. That's pretty cynical as well. Yeah,

0:22:18.119 --> 0:22:20.840
<v Speaker 1>so both sides do it. The Republicans just do it way,

0:22:20.880 --> 0:22:23.359
<v Speaker 1>way more. Yeah. And I think Hillary Clinton has come

0:22:23.440 --> 0:22:27.600
<v Speaker 1>under fire for her reliance on super packs being attacked

0:22:27.640 --> 0:22:30.120
<v Speaker 1>by Bernie of course, who's like, I don't want any

0:22:30.119 --> 0:22:33.480
<v Speaker 1>part of that stuff. Um, although there are some super

0:22:33.520 --> 0:22:37.280
<v Speaker 1>packs for Bernie, but I think he's disavowed them. Maybe. Yeah,

0:22:37.359 --> 0:22:39.919
<v Speaker 1>you have to look at George Bush disavowed the weekend

0:22:39.960 --> 0:22:42.760
<v Speaker 1>passed his ad to you still benefit from it. It's

0:22:42.760 --> 0:22:46.160
<v Speaker 1>not like he's like, guys, you have to stop. Well

0:22:46.359 --> 0:22:49.560
<v Speaker 1>that was my Bernie standards. No, that was your Larry

0:22:49.600 --> 0:22:54.560
<v Speaker 1>David right. Oh wait, same guy. Uh. Leading up to

0:22:54.600 --> 0:22:57.399
<v Speaker 1>the primaries here in New Hampshire and Iowa not too

0:22:57.440 --> 0:23:01.040
<v Speaker 1>long ago, Bernie came under fire from Hillary because there's

0:23:01.119 --> 0:23:05.359
<v Speaker 1>a group called Friends of the Earth Action. Uh there

0:23:05.359 --> 0:23:09.000
<v Speaker 1>are five oh one c four and um they are

0:23:09.000 --> 0:23:11.600
<v Speaker 1>in strong support of Bernie. And she's like, hey, dude,

0:23:12.080 --> 0:23:15.560
<v Speaker 1>you're getting dark money too from this outfit. Uh. Friends

0:23:15.560 --> 0:23:19.520
<v Speaker 1>of Earth Action said, Hey, first of all, we've been

0:23:19.520 --> 0:23:22.440
<v Speaker 1>around since early seventies. We've been around long before dark

0:23:22.520 --> 0:23:25.160
<v Speaker 1>money has been around. Uh, that's not what we are.

0:23:25.200 --> 0:23:29.840
<v Speaker 1>We are mainly small donor based. Um, do not compare

0:23:29.920 --> 0:23:33.399
<v Speaker 1>us to these corporations. Uh, and you know they have

0:23:33.440 --> 0:23:35.000
<v Speaker 1>a point in a lot of ways. You can't compare

0:23:35.720 --> 0:23:39.840
<v Speaker 1>Friends of Earth action to the Koch brothers. UM. But

0:23:39.920 --> 0:23:42.200
<v Speaker 1>I think Hillary was just trying to get in some like, hey,

0:23:42.200 --> 0:23:46.280
<v Speaker 1>you're not completely clean either, Right, It's true. And the

0:23:46.400 --> 0:23:48.800
<v Speaker 1>Koch brothers is good that you mentioned them because they

0:23:48.800 --> 0:23:52.439
<v Speaker 1>are basically the poster boys for dark money contributions. Right,

0:23:52.520 --> 0:23:56.680
<v Speaker 1>Americans for Prosperity spent thirty six million dollars and that's

0:23:56.720 --> 0:24:01.240
<v Speaker 1>their group right in twelve, UM, and they actually got

0:24:01.280 --> 0:24:05.399
<v Speaker 1>outspent by other groups like Karl Rove created UM Crossroads

0:24:05.440 --> 0:24:09.560
<v Speaker 1>GPS and that are so dumb. They spent seventy one

0:24:09.600 --> 0:24:12.879
<v Speaker 1>million in two thousand twelve. But the Koch Brothers in

0:24:12.920 --> 0:24:16.520
<v Speaker 1>particular have pledged nine hundred million dollars for the two

0:24:16.560 --> 0:24:19.359
<v Speaker 1>thousand and sixteen cycle. That's how much they're going to

0:24:19.680 --> 0:24:22.680
<v Speaker 1>spend on the two thousand and sixteen cycle. And UM,

0:24:22.720 --> 0:24:24.640
<v Speaker 1>if you read up on those guys and their dark

0:24:24.680 --> 0:24:30.040
<v Speaker 1>money contributions UM or just their general political contributions, they've

0:24:30.040 --> 0:24:34.359
<v Speaker 1>definitely amassed a lot of friends in state legislatures, in

0:24:34.440 --> 0:24:38.040
<v Speaker 1>the Senate, in the in the the UM, the House,

0:24:38.640 --> 0:24:41.200
<v Speaker 1>and the one that's left is the presidency, and they're

0:24:41.200 --> 0:24:44.840
<v Speaker 1>spending a tremendous amount of money making friends with whoever

0:24:44.960 --> 0:24:47.640
<v Speaker 1>is going to become president. All right, so let's talk

0:24:47.680 --> 0:24:50.040
<v Speaker 1>for a second about does money when you in election?

0:24:50.440 --> 0:24:53.160
<v Speaker 1>Because that's really what's it the route here? If money

0:24:53.160 --> 0:24:55.920
<v Speaker 1>doesn't win the elections? And who cares? I take issue

0:24:55.920 --> 0:24:59.080
<v Speaker 1>with that, but go ahead? What what was the issue? Well,

0:24:59.119 --> 0:25:02.800
<v Speaker 1>the issue is like in this article, the author says,

0:25:02.960 --> 0:25:04.879
<v Speaker 1>you know a lot of people raise a lot of

0:25:04.920 --> 0:25:07.639
<v Speaker 1>money and flame out, they don't make it even to

0:25:07.720 --> 0:25:09.960
<v Speaker 1>the primary. Look at Jeb Bush. Yeah he I think

0:25:10.000 --> 0:25:13.240
<v Speaker 1>he raised a hundred and three million through super PACs alone. Yeah,

0:25:13.320 --> 0:25:16.359
<v Speaker 1>and and just burned right through it, didn't get anywhere

0:25:16.400 --> 0:25:20.320
<v Speaker 1>with it. But that's a disingenuous that's a straw argument

0:25:20.359 --> 0:25:22.879
<v Speaker 1>because it's it's saying like, yeah, you can raise all

0:25:22.920 --> 0:25:24.360
<v Speaker 1>the money you want and you're still not gonna win.

0:25:24.600 --> 0:25:27.679
<v Speaker 1>The thing is somebody's gonna win, and the people that

0:25:27.800 --> 0:25:30.760
<v Speaker 1>help them win through these huge donations, they're gonna be

0:25:30.800 --> 0:25:33.720
<v Speaker 1>indebted to those people. Well, I'll help you out even further,

0:25:33.800 --> 0:25:36.280
<v Speaker 1>my friend. Uh. People that say you can spend a

0:25:36.280 --> 0:25:39.560
<v Speaker 1>ton of money and still not win. Who he or

0:25:39.600 --> 0:25:44.640
<v Speaker 1>she who spends the most money almost always wins. Yeah, yeah,

0:25:45.000 --> 0:25:48.119
<v Speaker 1>not sort of. Yeah. Nine out of ten uh in

0:25:48.160 --> 0:25:50.919
<v Speaker 1>the House and eight out of ten in the Senate. Uh,

0:25:51.080 --> 0:25:53.640
<v Speaker 1>winners are the people who spent the most money. Yeah,

0:25:53.680 --> 0:25:58.400
<v Speaker 1>eight two. So you can't ignore that. If you raise

0:25:58.480 --> 0:26:00.640
<v Speaker 1>the most money, you have an eight or nine out,

0:26:00.640 --> 0:26:05.000
<v Speaker 1>it's a chance of winning. So money is buying elections,

0:26:05.240 --> 0:26:07.480
<v Speaker 1>it is. And then people say, well, if these are

0:26:08.359 --> 0:26:11.200
<v Speaker 1>as long as the packs and the super packs in

0:26:11.240 --> 0:26:13.440
<v Speaker 1>the five and one C four is all stay separate

0:26:13.720 --> 0:26:17.240
<v Speaker 1>from the candidate, then and there's no coordination and there's

0:26:17.280 --> 0:26:20.720
<v Speaker 1>no crossover whatever, then the candidates not indebted to these

0:26:20.720 --> 0:26:25.000
<v Speaker 1>people who gave nine million dollars to their campaign. Um,

0:26:25.000 --> 0:26:29.520
<v Speaker 1>which is just the most ridiculous assertion you can possibly

0:26:29.560 --> 0:26:32.600
<v Speaker 1>think of. And I really I read this this um.

0:26:32.640 --> 0:26:35.920
<v Speaker 1>I think it was a Bloomberg article or U S News,

0:26:35.920 --> 0:26:40.280
<v Speaker 1>I can't remember. And it basically explained it how you're

0:26:40.320 --> 0:26:44.680
<v Speaker 1>indebted to these people. It's not necessarily nefarius, although I'm

0:26:44.760 --> 0:26:47.480
<v Speaker 1>quite sure there is a tremendous amount of nefarious nous

0:26:47.560 --> 0:26:51.240
<v Speaker 1>out there. But even if you remove the nefarious angle, right,

0:26:52.320 --> 0:26:57.000
<v Speaker 1>if you are a presidential candidate, and you're moving and shaken. Yeah,

0:26:57.040 --> 0:26:59.080
<v Speaker 1>you're going to like the local diner and somewhere in

0:26:59.200 --> 0:27:01.639
<v Speaker 1>like Rhode I Land or whatever and shaking hands or whatever.

0:27:02.440 --> 0:27:05.800
<v Speaker 1>But the people you're really interacting with that you see

0:27:06.000 --> 0:27:09.120
<v Speaker 1>over and over again at the same fundraisers. Those are

0:27:09.160 --> 0:27:12.280
<v Speaker 1>the mega donors. You don't see the dude who's sitting

0:27:12.359 --> 0:27:14.600
<v Speaker 1>at the diner asking you a question more than that

0:27:14.680 --> 0:27:19.280
<v Speaker 1>one time at that one dime you you you do

0:27:19.440 --> 0:27:22.640
<v Speaker 1>see the same mega donors time after time after time

0:27:22.680 --> 0:27:25.200
<v Speaker 1>after time. So the very at least they have your ear,

0:27:25.680 --> 0:27:28.840
<v Speaker 1>and even if they don't have your ear, they become

0:27:29.080 --> 0:27:31.480
<v Speaker 1>who you think of when you think of your electorate,

0:27:31.720 --> 0:27:34.320
<v Speaker 1>These people who you saw time and time and time again,

0:27:34.400 --> 0:27:37.520
<v Speaker 1>who contributed money after money after money. So even if

0:27:37.560 --> 0:27:40.280
<v Speaker 1>you're not saying, yeah, give me some money and I'll

0:27:40.320 --> 0:27:43.000
<v Speaker 1>make your your legal troubles go away with the I

0:27:43.160 --> 0:27:46.200
<v Speaker 1>R S, even if it's not quid pro quo like that,

0:27:46.520 --> 0:27:50.280
<v Speaker 1>there's still a mentality that crops up where if you're

0:27:50.320 --> 0:27:52.600
<v Speaker 1>exposed to these people who are giving you tons of

0:27:52.640 --> 0:27:56.359
<v Speaker 1>cash to get you elected, you're going to equate their

0:27:56.400 --> 0:28:00.840
<v Speaker 1>help with your success at being elected. That's at the

0:28:01.000 --> 0:28:04.560
<v Speaker 1>very least how it influences politics. Yeah, all right, we

0:28:04.600 --> 0:28:06.760
<v Speaker 1>definitely need to take a break now because I can't

0:28:06.760 --> 0:28:28.480
<v Speaker 1>even coming out of your eye ducks. All right, we're back.

0:28:28.560 --> 0:28:31.640
<v Speaker 1>You're good, You got the tissue. Yeah good, you're crying

0:28:31.680 --> 0:28:35.640
<v Speaker 1>bloody tears. Uh, I get riled up to man, It's

0:28:35.640 --> 0:28:39.000
<v Speaker 1>just it's when you look at the state of American

0:28:39.040 --> 0:28:42.760
<v Speaker 1>politics these days, it's very hard to not want to

0:28:42.920 --> 0:28:49.080
<v Speaker 1>go live on a deserted island somewhere. Canada your own oligarchy. Yeah, myself,

0:28:50.600 --> 0:28:52.520
<v Speaker 1>I wonder what it's. I don't know much about politics

0:28:52.560 --> 0:28:55.880
<v Speaker 1>around the world. I know other like you know, wealthy

0:28:55.920 --> 0:29:01.200
<v Speaker 1>countries are corrupt as well. Um, like we're leading the

0:29:01.320 --> 0:29:07.320
<v Speaker 1>race though, the race downward. Yeah, I'd like to hear

0:29:07.360 --> 0:29:11.000
<v Speaker 1>from other countries out there, other like big wealthy countries,

0:29:11.680 --> 0:29:15.560
<v Speaker 1>Um about your systems. Yeah, I'm sure they're largely broken. Right.

0:29:16.040 --> 0:29:18.000
<v Speaker 1>Are we the only ones? No, We're definitely not the

0:29:18.040 --> 0:29:24.080
<v Speaker 1>only ones, right the Finns. I mean you look at

0:29:24.080 --> 0:29:27.320
<v Speaker 1>Skaninavia and you're like, yeah, they're like a model of

0:29:27.320 --> 0:29:29.800
<v Speaker 1>of you know, using taxes for good and all that.

0:29:29.880 --> 0:29:31.920
<v Speaker 1>But how much of it do you not hear about?

0:29:31.960 --> 0:29:34.800
<v Speaker 1>Like how much like like waste is there, How much

0:29:34.840 --> 0:29:37.000
<v Speaker 1>graft is there? How you know? I'm like, well, they

0:29:37.000 --> 0:29:40.240
<v Speaker 1>pay so much much in taxes over there. But everything

0:29:40.280 --> 0:29:41.640
<v Speaker 1>we hear though from people in that part of the

0:29:41.640 --> 0:29:47.560
<v Speaker 1>world say we're happy to because everything's great. It's like

0:29:47.680 --> 0:29:50.760
<v Speaker 1>we have no crime, we have no gun violence, everyone's healthy,

0:29:50.800 --> 0:29:54.360
<v Speaker 1>we all get healthcare, schools are awesome, We're all happy.

0:29:55.720 --> 0:29:58.360
<v Speaker 1>I don't know, maybe I'll move to Finland. So we

0:29:58.360 --> 0:30:04.640
<v Speaker 1>we've talked about um, like why how money influences politics,

0:30:04.680 --> 0:30:10.560
<v Speaker 1>But the underlying key is this is if you um,

0:30:10.600 --> 0:30:15.960
<v Speaker 1>if you can purchase campaigns, you can purchase everything else.

0:30:16.440 --> 0:30:19.080
<v Speaker 1>Because you get people who owe you or who you

0:30:19.120 --> 0:30:23.560
<v Speaker 1>have influenced, or who you just share a tremendous amount

0:30:23.560 --> 0:30:28.200
<v Speaker 1>of common viewpoints with into office. You back the right horse,

0:30:28.480 --> 0:30:31.120
<v Speaker 1>your guy got in there. Right. You can put it

0:30:31.160 --> 0:30:33.800
<v Speaker 1>as crassly or as nicely as you want, but you

0:30:34.240 --> 0:30:36.640
<v Speaker 1>help get somebody into office, and now they kind of

0:30:36.640 --> 0:30:40.240
<v Speaker 1>owe you, and now the policies are probably going to

0:30:40.640 --> 0:30:44.680
<v Speaker 1>fall into your favor. And just the ability to do

0:30:44.720 --> 0:30:48.240
<v Speaker 1>this is such a symptom of the inequality in the

0:30:48.320 --> 0:30:51.040
<v Speaker 1>United States that we're dealing with right now that I

0:30:51.080 --> 0:30:54.160
<v Speaker 1>think that's what disheartens me the most. It's it's like

0:30:54.200 --> 0:30:57.880
<v Speaker 1>when the Supreme Court rule in two thousand ten, we're

0:30:57.880 --> 0:31:01.840
<v Speaker 1>opening the floodgates, you have a voice individual? Yeah, but

0:31:01.920 --> 0:31:05.600
<v Speaker 1>yeah it did. But did we ever? Was the Supreme

0:31:05.600 --> 0:31:08.320
<v Speaker 1>Court really just saying like, hey, we're gonna take the

0:31:08.320 --> 0:31:10.760
<v Speaker 1>scales off your eyes. Right, We're not. We're gonna take

0:31:10.760 --> 0:31:14.360
<v Speaker 1>away any pretense. Here's how it is. Here's probably how

0:31:14.400 --> 0:31:17.720
<v Speaker 1>it's always been. But now it's legal. Man, just get

0:31:17.800 --> 0:31:19.720
<v Speaker 1>used to it. Yeah, but no one was paying attention

0:31:21.080 --> 0:31:23.320
<v Speaker 1>because people but I mean like back in the seventies

0:31:23.320 --> 0:31:26.239
<v Speaker 1>when Watergate happened, people paid attention to that, you know,

0:31:26.440 --> 0:31:29.360
<v Speaker 1>because the idea that if you were wealthy you could

0:31:29.360 --> 0:31:32.880
<v Speaker 1>become an ambassador for k or that you add access

0:31:32.880 --> 0:31:36.760
<v Speaker 1>to the president. It's always ticked Americans off. Uh. So

0:31:37.320 --> 0:31:39.960
<v Speaker 1>remember when we talked a little bit ago about um,

0:31:40.480 --> 0:31:45.520
<v Speaker 1>the five oh one c fours have to of their

0:31:46.280 --> 0:31:53.440
<v Speaker 1>uh spending cannot be political. Uh no comment on that part.

0:31:53.560 --> 0:31:57.480
<v Speaker 1>But it's unenforceable. Basically, Well, IRIS did try to enforce

0:31:57.520 --> 0:31:59.360
<v Speaker 1>it once. Yes, that's where I was headed. The I

0:31:59.480 --> 0:32:03.040
<v Speaker 1>R s uh made the mistake of going too hard

0:32:03.600 --> 0:32:06.320
<v Speaker 1>at the tea party um because they felt like they

0:32:06.320 --> 0:32:09.240
<v Speaker 1>were the worst offenders, and it backfard on him in

0:32:09.240 --> 0:32:13.720
<v Speaker 1>a big way. Um to say the least, would you say, Yeah, Well,

0:32:13.720 --> 0:32:17.320
<v Speaker 1>the GOP in Congress came down hard on the i

0:32:17.480 --> 0:32:19.920
<v Speaker 1>r S. They got the I R S director removed

0:32:19.920 --> 0:32:23.360
<v Speaker 1>from her position, got a new person installed, and this

0:32:23.440 --> 0:32:27.480
<v Speaker 1>new guy has basically said, like you know this, I'm

0:32:27.480 --> 0:32:30.440
<v Speaker 1>just going with everything the Supreme Court thinks. So I'm

0:32:30.440 --> 0:32:33.880
<v Speaker 1>gonna stop enforcing this. And even if the I R

0:32:34.000 --> 0:32:37.640
<v Speaker 1>S wanted to enforce these rules that that they're tasked

0:32:37.680 --> 0:32:43.240
<v Speaker 1>with making sure that there's transparency, right. Um. Uh. The

0:32:43.480 --> 0:32:46.200
<v Speaker 1>Senate actually inserted a couple of bills, and by Senate

0:32:46.200 --> 0:32:51.920
<v Speaker 1>I mean Mitch McConnell, who hates campaign finance laws. Uh,

0:32:51.920 --> 0:32:55.040
<v Speaker 1>he got a couple of bills inserted in the omnibus

0:32:55.320 --> 0:32:58.320
<v Speaker 1>spending bill, a couple of writers. Yes. Um. And if

0:32:58.360 --> 0:33:00.840
<v Speaker 1>you guys, a lot of people may not know what

0:33:00.880 --> 0:33:06.240
<v Speaker 1>an omnibus spending bill is. It's basically a big, large, sweeping, uh,

0:33:06.760 --> 0:33:10.760
<v Speaker 1>set of many many bills and writers all under one banner.

0:33:10.920 --> 0:33:14.280
<v Speaker 1>It pays it's the government's budget. Well yeah, but it's

0:33:14.160 --> 0:33:16.240
<v Speaker 1>a it's they don't have to do with one another.

0:33:16.360 --> 0:33:18.720
<v Speaker 1>You can when you hear like a writer was attached

0:33:18.720 --> 0:33:22.440
<v Speaker 1>to it. That that a lot of times means someone

0:33:22.560 --> 0:33:26.560
<v Speaker 1>is trying to sort of sneak something through. Right, So

0:33:27.200 --> 0:33:29.720
<v Speaker 1>if you attach a rider to the right bill, you

0:33:29.760 --> 0:33:32.600
<v Speaker 1>can get almost anything passed. And you know, I shouldn't

0:33:32.600 --> 0:33:35.680
<v Speaker 1>say sneak something through because it's not like it's in secret,

0:33:35.760 --> 0:33:38.320
<v Speaker 1>but it's a way. It's a very convenient way to

0:33:38.360 --> 0:33:41.680
<v Speaker 1>pass a controversial amendment. Right. Okay, So if you if

0:33:41.720 --> 0:33:43.920
<v Speaker 1>you take a very cherry bill like one that has

0:33:44.000 --> 0:33:46.640
<v Speaker 1>to pass, like the bill that pays for the government

0:33:47.000 --> 0:33:49.960
<v Speaker 1>spending for the next year, and you insert a writer

0:33:50.080 --> 0:33:51.600
<v Speaker 1>in there that says the I R. S is not

0:33:51.760 --> 0:33:56.600
<v Speaker 1>allowed to make clearer rules on UH five oh one,

0:33:56.640 --> 0:34:02.160
<v Speaker 1>S fours and political action committees spending politics, you're gonna

0:34:02.200 --> 0:34:05.080
<v Speaker 1>get it passed. And it did get passed. Yeah. And

0:34:05.200 --> 0:34:07.360
<v Speaker 1>another thing that got passed was, remember when we talked

0:34:07.400 --> 0:34:09.879
<v Speaker 1>about the fact that shareholders wanted to know if their

0:34:09.880 --> 0:34:14.000
<v Speaker 1>corporations who they were donating to, They also got a

0:34:13.760 --> 0:34:16.719
<v Speaker 1>almost had snuck it in. They almost also got in

0:34:16.800 --> 0:34:19.319
<v Speaker 1>a writer that said, no, corporations don't have to do that.

0:34:19.719 --> 0:34:22.840
<v Speaker 1>They did, They said that they said that the SEC

0:34:23.080 --> 0:34:28.839
<v Speaker 1>is not allowed to make rules considering making corporations disclosed

0:34:29.440 --> 0:34:31.880
<v Speaker 1>political contribution. Yeah, you cannot force them to do that.

0:34:31.960 --> 0:34:35.200
<v Speaker 1>So there's a ban on the I R S clarifying

0:34:35.200 --> 0:34:38.680
<v Speaker 1>its rules and the SEC creating a rule just clarifying

0:34:38.719 --> 0:34:41.600
<v Speaker 1>they just wanted it more clearly defined in existing You

0:34:41.800 --> 0:34:44.120
<v Speaker 1>can't do that, but we like it really nebulous. So

0:34:44.200 --> 0:34:48.200
<v Speaker 1>Congress said, sit down when it comes to campaign finance stuff.

0:34:48.320 --> 0:34:51.320
<v Speaker 1>You you don't do your jobs anymore. Your regulatory stuff

0:34:51.360 --> 0:34:55.880
<v Speaker 1>is over with now. Uh, individuals have petitioned uh these

0:34:56.080 --> 0:34:59.759
<v Speaker 1>companies um, and sometimes they voluntarily given it up. But

0:35:00.920 --> 0:35:03.600
<v Speaker 1>if that's the solution, then it's not much of one.

0:35:04.239 --> 0:35:07.239
<v Speaker 1>And then so lastly, so the SEC is down, the

0:35:07.239 --> 0:35:11.799
<v Speaker 1>I R S is down, um, And the last the

0:35:11.880 --> 0:35:16.640
<v Speaker 1>last agency that was tasked with enforcing transparency was the

0:35:16.680 --> 0:35:20.080
<v Speaker 1>Federal Elections Commission itself. Yeah, surely they would step up

0:35:20.120 --> 0:35:22.560
<v Speaker 1>and do the right thing. So the Federal Elections Commission

0:35:22.640 --> 0:35:27.600
<v Speaker 1>is now split three and three along party lines and

0:35:27.760 --> 0:35:31.840
<v Speaker 1>apparently deadlocks as a matter of routine. So you need

0:35:32.000 --> 0:35:36.320
<v Speaker 1>four commissioners for FEC commissioners to take action on anything

0:35:36.880 --> 0:35:39.560
<v Speaker 1>to get a quorum, right, they can't even get a quorum.

0:35:39.880 --> 0:35:43.160
<v Speaker 1>So as far as campaign finance stuff goes, they have

0:35:43.280 --> 0:35:45.799
<v Speaker 1>been sitting on their hands since two thousand ten. And

0:35:45.840 --> 0:35:51.280
<v Speaker 1>there was a couple of rulings about um transparency that

0:35:51.280 --> 0:35:53.400
<v Speaker 1>that that are about the last things they did. So

0:35:53.440 --> 0:35:55.840
<v Speaker 1>in two thousand and seven they said, you know that

0:35:55.960 --> 0:35:59.920
<v Speaker 1>McCain fine Gold requirement that says if you spend a

0:36:00.040 --> 0:36:04.320
<v Speaker 1>thousand dollars or more contributing to a political group or campaign,

0:36:04.560 --> 0:36:08.800
<v Speaker 1>you have to disclose it. We the Federal Elections Commission,

0:36:08.880 --> 0:36:13.440
<v Speaker 1>decided that that means that if you spend a thousand

0:36:13.440 --> 0:36:20.279
<v Speaker 1>dollars or more on a political like communication like an AD,

0:36:20.800 --> 0:36:23.200
<v Speaker 1>then you have to disclose it. So that means that

0:36:23.239 --> 0:36:25.640
<v Speaker 1>if you if you contributed a thousand dollars to a

0:36:25.640 --> 0:36:29.719
<v Speaker 1>political action committee, you would have to say this is

0:36:29.760 --> 0:36:33.800
<v Speaker 1>for ads well and for this AD specifically. That came later,

0:36:34.400 --> 0:36:37.160
<v Speaker 1>but yeah, that's the way it is now, which no

0:36:37.200 --> 0:36:41.239
<v Speaker 1>one ever does. It's another loophole. So this last thing,

0:36:41.360 --> 0:36:45.560
<v Speaker 1>this last bastion of transparency, to where you had to

0:36:45.680 --> 0:36:50.120
<v Speaker 1>say I donated a thousand dollars or more, you you

0:36:50.120 --> 0:36:52.640
<v Speaker 1>would have to say it is not just for an

0:36:52.680 --> 0:36:55.680
<v Speaker 1>attack AD, it's for attack AD number two thirty eight.

0:36:55.880 --> 0:36:59.200
<v Speaker 1>Hillary hates America. That's what this money is for. And

0:36:59.239 --> 0:37:01.839
<v Speaker 1>like you said, no one does that because they don't

0:37:01.840 --> 0:37:03.799
<v Speaker 1>have to. So you so that as far as the

0:37:03.800 --> 0:37:06.760
<v Speaker 1>Federal Elections Commission is concerned, you don't have to say

0:37:07.000 --> 0:37:09.759
<v Speaker 1>you donated that thousand dollars. Yeah, they don't have to,

0:37:10.640 --> 0:37:12.520
<v Speaker 1>so they won't because they don't want their name attached

0:37:12.560 --> 0:37:15.200
<v Speaker 1>to it, which is the most cowardly thing you can do,

0:37:15.840 --> 0:37:18.000
<v Speaker 1>you know if you think about it. Well, yeah, there's this,

0:37:18.400 --> 0:37:20.680
<v Speaker 1>Well that's the argument. That's a lot of people's argument

0:37:20.719 --> 0:37:25.799
<v Speaker 1>is anonymous political speech keeps you from, um getting blowback

0:37:25.920 --> 0:37:28.759
<v Speaker 1>from the powers that be or whatever. And there was

0:37:28.800 --> 0:37:32.719
<v Speaker 1>this woman who has caught handing out anonymous pamphlets that

0:37:32.800 --> 0:37:36.160
<v Speaker 1>she wrote outside of a polling place, which apparently was

0:37:36.200 --> 0:37:39.319
<v Speaker 1>illegal under McCain fine Gold, and everybody was like, well,

0:37:39.360 --> 0:37:43.839
<v Speaker 1>there's a long, proud tradition of handing out anonymous right.

0:37:43.840 --> 0:37:48.080
<v Speaker 1>The Federalist papers were originally anonymous, and Justice Scalia, who

0:37:48.239 --> 0:37:52.480
<v Speaker 1>was who died recently. Um, he was actually very very conservative,

0:37:52.680 --> 0:37:55.560
<v Speaker 1>and in his descent on that ruling in favor of

0:37:55.560 --> 0:38:00.000
<v Speaker 1>the woman's right to handle out anonymous pamphlets said anonymous

0:38:00.040 --> 0:38:03.520
<v Speaker 1>pamphlets have about as much historic tradition and precedents as

0:38:03.520 --> 0:38:06.680
<v Speaker 1>anonymous phone calls in this country, they're not honorable. There's

0:38:06.719 --> 0:38:11.200
<v Speaker 1>something honorable about anonymously lambasting something that didn't translate to

0:38:11.239 --> 0:38:13.640
<v Speaker 1>the rest of the court as far as Citizens United

0:38:13.719 --> 0:38:16.520
<v Speaker 1>is concerned. Yeah, it's the equivalent of of going in

0:38:16.560 --> 0:38:18.400
<v Speaker 1>the dark of night and like spray painting something on

0:38:18.440 --> 0:38:22.480
<v Speaker 1>a wall and running away. Right, it's true, you know.

0:38:23.000 --> 0:38:25.960
<v Speaker 1>So here's where we're at right now. The Supreme Court

0:38:26.040 --> 0:38:29.239
<v Speaker 1>ruled that corporations are people. They already had ruled that

0:38:29.280 --> 0:38:36.279
<v Speaker 1>they upheld it. Political money is protected speech, right, So

0:38:36.320 --> 0:38:39.080
<v Speaker 1>this opened the floodgates to unlimited money to five O

0:38:39.200 --> 0:38:42.000
<v Speaker 1>one s fours, which are nonprofit action groups who do

0:38:42.080 --> 0:38:45.319
<v Speaker 1>not need to disclose their donor's identities, which means that

0:38:45.800 --> 0:38:48.799
<v Speaker 1>you could you could contribute as much money as you

0:38:48.840 --> 0:38:52.880
<v Speaker 1>wanted to anonymously to a political campaign. So the SEC

0:38:53.040 --> 0:38:56.000
<v Speaker 1>was banned from requiring corporate disclosure, the I r S

0:38:56.040 --> 0:38:59.440
<v Speaker 1>was banned from investigating the political action groups themselves, and

0:38:59.480 --> 0:39:02.839
<v Speaker 1>then the VC the Federal Elections Commission removed the last

0:39:02.840 --> 0:39:07.000
<v Speaker 1>transparency requirements of the donors, and an estimated ten billion

0:39:07.080 --> 0:39:09.840
<v Speaker 1>dollars is going to be spent on this two thousand

0:39:09.960 --> 0:39:13.839
<v Speaker 1>sixteen campaign, five or six billion on the presidency right,

0:39:15.600 --> 0:39:18.279
<v Speaker 1>two billion was spent in two thousand twelve. So the

0:39:18.320 --> 0:39:23.560
<v Speaker 1>big question here is, are you the individual upping your

0:39:23.600 --> 0:39:28.240
<v Speaker 1>political contribution five times? Do you account for this enormous

0:39:28.239 --> 0:39:32.759
<v Speaker 1>increase from two billion to five or six billion dollars? No? No,

0:39:33.120 --> 0:39:38.680
<v Speaker 1>of course not. So there are some folks that started

0:39:38.719 --> 0:39:41.680
<v Speaker 1>digging around and said, all right, who's funding Who's funding

0:39:41.680 --> 0:39:47.160
<v Speaker 1>some of these uh efforts? Uh? Maybe like climate change denial,

0:39:47.360 --> 0:39:50.120
<v Speaker 1>Some somebody's funding this stuff. So there's a guy named

0:39:50.280 --> 0:39:52.520
<v Speaker 1>well at direct the University and Environmental It's like a

0:39:52.920 --> 0:39:55.560
<v Speaker 1>sociologist named Robert Brule. He said, you know what, let

0:39:55.600 --> 0:39:58.360
<v Speaker 1>me look into this and see somebody is giving a

0:39:58.400 --> 0:40:01.439
<v Speaker 1>lot of money to climate change. The aisle and um

0:40:01.600 --> 0:40:04.640
<v Speaker 1>Xon was was given a ton of money like blatantly

0:40:04.680 --> 0:40:06.800
<v Speaker 1>for years and years and again the Koke brothers, the

0:40:06.840 --> 0:40:09.000
<v Speaker 1>Koke brothers, and we all knew that because it was

0:40:09.040 --> 0:40:11.840
<v Speaker 1>all you know on record. But a weird thing happened

0:40:11.880 --> 0:40:15.360
<v Speaker 1>once these changes came about. Um the Koch Brothers, A

0:40:15.440 --> 0:40:18.880
<v Speaker 1>Coke Industries, and x On Mobile their cash flow to

0:40:19.120 --> 0:40:21.799
<v Speaker 1>climate change, and I'll disappeared without a trace Yeah, they're

0:40:21.840 --> 0:40:26.720
<v Speaker 1>traceable stuff. But a hundred and forty foundations funneled almost

0:40:26.719 --> 0:40:31.960
<v Speaker 1>six hundred million dollars to about one hundred climate denial organizations,

0:40:32.640 --> 0:40:37.880
<v Speaker 1>uh since then, and their money dried up, This money

0:40:37.960 --> 0:40:41.440
<v Speaker 1>increased into anonymous five. You don't need to be a

0:40:41.719 --> 0:40:44.080
<v Speaker 1>Sherlock Holmes to figure out what's going on here. Yeah.

0:40:44.120 --> 0:40:45.719
<v Speaker 1>And the other thing about a five O one C

0:40:45.880 --> 0:40:49.600
<v Speaker 1>four is, let's say you have a really great um,

0:40:49.640 --> 0:40:52.480
<v Speaker 1>a really great political action committee. You're a really great

0:40:52.680 --> 0:40:57.640
<v Speaker 1>um social uh social awareness group, right um or social

0:40:57.640 --> 0:41:00.760
<v Speaker 1>welfare group, and you don't want to at that brand

0:41:00.800 --> 0:41:04.120
<v Speaker 1>die because it's really established itself, but you don't want

0:41:04.160 --> 0:41:07.640
<v Speaker 1>to keep funneling money to it because climate denial has

0:41:07.640 --> 0:41:10.640
<v Speaker 1>a bad name these days. Right, You can funnel money

0:41:10.640 --> 0:41:13.440
<v Speaker 1>to a five oh one C four that funnels money

0:41:13.480 --> 0:41:18.920
<v Speaker 1>to that political action committee, and you your donation, it's

0:41:19.080 --> 0:41:23.600
<v Speaker 1>it's it's basically laundered. You're laundering your donation, turning it anonymous.

0:41:24.080 --> 0:41:27.080
<v Speaker 1>But it's still having the same effect, the same outcome

0:41:27.440 --> 0:41:31.080
<v Speaker 1>thanks to that loophole. Yeah, and then one more chuck.

0:41:31.120 --> 0:41:33.279
<v Speaker 1>One more criticism of this whole thing is if you say,

0:41:33.360 --> 0:41:35.760
<v Speaker 1>so what who cares? This is the way the world works,

0:41:36.520 --> 0:41:41.239
<v Speaker 1>especially with corporations in particular, if they start doing what's

0:41:41.239 --> 0:41:46.160
<v Speaker 1>called rent seeking, which is there's a there's an established pie,

0:41:46.440 --> 0:41:49.160
<v Speaker 1>and when you rent seek, you go to get your

0:41:49.200 --> 0:41:53.000
<v Speaker 1>piece of the pie. It keeps you from innovating. You

0:41:53.040 --> 0:41:56.560
<v Speaker 1>start going spending your money on legislation. Yeah, it's like

0:41:56.640 --> 0:41:59.440
<v Speaker 1>renting is basically if you're a big corporation spending a

0:41:59.520 --> 0:42:03.719
<v Speaker 1>hundred million dollars on lobbying for regulations against your competitor

0:42:04.080 --> 0:42:07.000
<v Speaker 1>instead of spending that one hundred million dollars investing in

0:42:07.040 --> 0:42:10.680
<v Speaker 1>your own corporation to grow, which is no good for shareholders. No,

0:42:10.880 --> 0:42:13.240
<v Speaker 1>your bottom line still kind of goes up, but really

0:42:13.280 --> 0:42:17.440
<v Speaker 1>you're just reaching the path towards stagnation because you're not

0:42:17.480 --> 0:42:23.920
<v Speaker 1>innovating anymore. And the public loses out because regulation decreases. Right, Um,

0:42:24.160 --> 0:42:27.040
<v Speaker 1>jobs are lost because you're not innovating, and then as

0:42:27.080 --> 0:42:29.480
<v Speaker 1>far as consumers are concerned, there's like less stuff to

0:42:29.520 --> 0:42:32.840
<v Speaker 1>buy because the corporations are going for the piece of

0:42:32.880 --> 0:42:35.160
<v Speaker 1>the pie rather than making the pie bigger or creating

0:42:35.200 --> 0:42:37.360
<v Speaker 1>new pies. Yeah, they going for the money that's already

0:42:37.360 --> 0:42:42.840
<v Speaker 1>out there. So so the solution I think is strictly

0:42:42.920 --> 0:42:47.040
<v Speaker 1>public financing of campaigns, like I have no problem with that.

0:42:47.440 --> 0:42:52.280
<v Speaker 1>Just say, here's a hundred million dollars to the candidates

0:42:52.280 --> 0:42:56.719
<v Speaker 1>who won the primaries, right and um, get creative. This

0:42:56.760 --> 0:42:59.080
<v Speaker 1>is all you got, you are. It's illegal to use

0:42:59.120 --> 0:43:02.480
<v Speaker 1>another penny outside of these public funds that were just

0:43:02.560 --> 0:43:06.920
<v Speaker 1>given to you as the the party candidates go to it.

0:43:07.640 --> 0:43:10.960
<v Speaker 1>Everything else is totally illegal. I can't imagine what a

0:43:11.040 --> 0:43:14.240
<v Speaker 1>sea change it would be in politics. I can't imagine

0:43:14.320 --> 0:43:17.040
<v Speaker 1>there would be another loophole. Well, you know what would

0:43:17.040 --> 0:43:21.359
<v Speaker 1>happen is suddenly these um, these political action committees would

0:43:21.360 --> 0:43:25.120
<v Speaker 1>start attacking this idea, saying, you, Joe Schmo, you can't

0:43:25.200 --> 0:43:28.719
<v Speaker 1>vote with your or you can't your political speech from

0:43:28.719 --> 0:43:31.960
<v Speaker 1>your campaign contributions being restricted. Your First Amendment rights are

0:43:32.000 --> 0:43:36.040
<v Speaker 1>being restricted. Going to give which is suddenly taken on

0:43:36.280 --> 0:43:40.560
<v Speaker 1>huge dimensions of import Uh, it's being restricted. And that's

0:43:40.560 --> 0:43:46.799
<v Speaker 1>exactly what would happen. Who So we moved into Finland. No,

0:43:46.920 --> 0:43:49.319
<v Speaker 1>we need to take this country back. Man. What's the

0:43:49.320 --> 0:43:51.720
<v Speaker 1>best country? That's what I want to know from listeners,

0:43:52.120 --> 0:43:54.279
<v Speaker 1>which one is the best? I can't wait to hear

0:43:55.239 --> 0:43:58.600
<v Speaker 1>Costa Rica. That's pretty nice, right if you want to

0:43:58.600 --> 0:44:03.400
<v Speaker 1>know more about campaign finance, dark money, all that jazz,

0:44:03.719 --> 0:44:06.040
<v Speaker 1>we want you to go check it out. Look up

0:44:06.120 --> 0:44:08.040
<v Speaker 1>dark money in the search bar at how stuff works

0:44:08.080 --> 0:44:10.640
<v Speaker 1>dot com, and just check out dark money all over

0:44:10.680 --> 0:44:13.759
<v Speaker 1>the web, including Jane Mayer from The New Yorker wrote

0:44:13.760 --> 0:44:16.120
<v Speaker 1>a really interesting book called dark Money All about the

0:44:16.200 --> 0:44:20.799
<v Speaker 1>Koch Brothers. Yeah, fantastic. Well, since I said Jane Mayer,

0:44:20.920 --> 0:44:24.960
<v Speaker 1>it's time for listener now, all right, I'm gonna call

0:44:25.040 --> 0:44:30.799
<v Speaker 1>this one uh maybe appropriate for this well, not really

0:44:31.040 --> 0:44:35.479
<v Speaker 1>somebody funding us. This is from a coal miner about

0:44:35.520 --> 0:44:37.920
<v Speaker 1>our Bill Gates podcast. He said, Hey, guys, one problem

0:44:37.960 --> 0:44:40.680
<v Speaker 1>that no one ever seems to talk about with renewable

0:44:40.760 --> 0:44:44.080
<v Speaker 1>energy is the people. The people you ask, well, I

0:44:44.120 --> 0:44:46.360
<v Speaker 1>was an underground coal miner for seven years until the

0:44:46.360 --> 0:44:48.320
<v Speaker 1>market got so bad that I lost my job. And

0:44:48.440 --> 0:44:51.239
<v Speaker 1>I'm just one of seven thousand plus people here in

0:44:51.239 --> 0:44:54.040
<v Speaker 1>eastern Kentucky that has been hit hard by this. I'm

0:44:54.080 --> 0:44:56.200
<v Speaker 1>not saying we need to stick with coal, it's just

0:44:56.280 --> 0:44:58.399
<v Speaker 1>the people. Don't think about the people that are behind

0:44:58.440 --> 0:45:02.560
<v Speaker 1>the fossil fuel industry losing jobs. Not only are people

0:45:02.600 --> 0:45:05.440
<v Speaker 1>losing their way of life, but entire towns are being killed.

0:45:05.800 --> 0:45:07.560
<v Speaker 1>I can't count how many people have had to leave

0:45:07.600 --> 0:45:09.920
<v Speaker 1>the place that they've called home their entire life to

0:45:09.960 --> 0:45:13.799
<v Speaker 1>find work. Along with new renewable, cheaper energy, we need

0:45:13.840 --> 0:45:16.319
<v Speaker 1>to find jobs to fill that void of those who

0:45:16.320 --> 0:45:21.200
<v Speaker 1>have been lost. Yeah you know. I mean it's not

0:45:21.280 --> 0:45:24.320
<v Speaker 1>like because creating renewable energy creates a lot of jobs,

0:45:24.320 --> 0:45:26.320
<v Speaker 1>but they're not going to the coal miners. You know

0:45:26.320 --> 0:45:29.120
<v Speaker 1>what I'm saying. But however, this is kind of neat. UM.

0:45:29.160 --> 0:45:31.040
<v Speaker 1>I was lucky enough to find work at bit Source,

0:45:31.120 --> 0:45:33.759
<v Speaker 1>a tech start up here. Uh. The company hired ten

0:45:33.880 --> 0:45:36.880
<v Speaker 1>former coal miners and began teaching us how to web

0:45:36.920 --> 0:45:40.400
<v Speaker 1>and how to be web and software developers. Uh. The

0:45:40.440 --> 0:45:43.040
<v Speaker 1>only problem is there only ten of us, uh, and

0:45:43.080 --> 0:45:44.840
<v Speaker 1>it's just this one company, and they cannot feel the

0:45:44.920 --> 0:45:47.520
<v Speaker 1>void of all those who lost jobs. I know that

0:45:47.560 --> 0:45:49.080
<v Speaker 1>you guys might be able to help shed some light

0:45:49.120 --> 0:45:51.560
<v Speaker 1>on this problem. Like I said, no one thinks about

0:45:51.560 --> 0:45:53.440
<v Speaker 1>the people and the families that are hurt by progress,

0:45:54.040 --> 0:45:56.680
<v Speaker 1>but it happens. Someone told me once, you can be

0:45:56.719 --> 0:45:59.120
<v Speaker 1>the best wheelmaker out there, but if no one needs

0:45:59.160 --> 0:46:02.719
<v Speaker 1>wheels anymore, doesn't matter how good you are. Thanks for

0:46:02.719 --> 0:46:04.680
<v Speaker 1>the podcast. I love to listen on my drive to

0:46:04.800 --> 0:46:07.640
<v Speaker 1>and from work. That is Michael Harrison. That is a

0:46:07.640 --> 0:46:12.239
<v Speaker 1>great point, Michael. Everybody should do something or maybe train

0:46:12.320 --> 0:46:15.080
<v Speaker 1>these people in new renewable energy boards. Sure, and this

0:46:15.160 --> 0:46:17.520
<v Speaker 1>bit source company is a pretty good example of how

0:46:17.560 --> 0:46:25.120
<v Speaker 1>the market can can swoop in and in foster progress basically, right. Sure,

0:46:25.360 --> 0:46:29.359
<v Speaker 1>But the fact that they're hiring ten coal miners out

0:46:29.360 --> 0:46:33.760
<v Speaker 1>of seven thousand who need jobs is also an example

0:46:33.800 --> 0:46:36.640
<v Speaker 1>of how the market doesn't do that. And like you could,

0:46:37.040 --> 0:46:40.800
<v Speaker 1>this is where government comes in government spending. Say okay,

0:46:40.880 --> 0:46:44.760
<v Speaker 1>let's move forward and lay the infrastructure for an enormous

0:46:44.840 --> 0:46:50.320
<v Speaker 1>high speed internet um national grid. We need people to

0:46:50.400 --> 0:46:52.759
<v Speaker 1>install that, we need people to design it, we need

0:46:52.800 --> 0:46:54.799
<v Speaker 1>people to develop it, we need people to maintain it.

0:46:55.000 --> 0:46:57.960
<v Speaker 1>Let's take people who don't have jobs, train them to

0:46:58.000 --> 0:47:01.160
<v Speaker 1>do this stuff, build this infrastruct sure, and just take

0:47:01.160 --> 0:47:04.600
<v Speaker 1>off like a rocket from there. That's one thing you

0:47:04.600 --> 0:47:08.959
<v Speaker 1>could do, agreed. Uh. Man, we're gonna get some mail

0:47:09.040 --> 0:47:12.680
<v Speaker 1>for this whole episode. Good. Uh. If you want to

0:47:12.680 --> 0:47:14.200
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0:47:14.280 --> 0:47:16.920
<v Speaker 1>you think about this whole jam, you can tweet to

0:47:17.000 --> 0:47:19.480
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0:47:19.560 --> 0:47:21.640
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0:47:22.000 --> 0:47:24.120
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0:47:24.160 --> 0:47:26.880
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0:47:26.880 --> 0:47:28.799
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0:47:28.880 --> 0:47:36.800
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0:47:37.040 --> 0:47:45.200
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