1 00:00:00,320 --> 00:00:03,400 Speaker 1: Cable news is ripping us apart, dividing the nation, making 2 00:00:03,480 --> 00:00:05,920 Speaker 1: it impossible to function as a society and to know 3 00:00:05,960 --> 00:00:08,720 Speaker 1: what is true and what is false. The good news 4 00:00:08,800 --> 00:00:10,840 Speaker 1: is that they're failing and they know it. That is 5 00:00:10,840 --> 00:00:14,840 Speaker 1: why we're building something new. Be part of creating a new, better, healthier, 6 00:00:14,880 --> 00:00:17,960 Speaker 1: and more trustworthy mainstream by becoming a Breaking Points Premium 7 00:00:17,960 --> 00:00:21,520 Speaker 1: member today at breakingpoints dot com. Your hard earned money 8 00:00:21,560 --> 00:00:23,400 Speaker 1: is going to help us build for the midterms and 9 00:00:23,440 --> 00:00:27,400 Speaker 1: the upcoming presidential election so we can provide unparalleled coverage 10 00:00:27,400 --> 00:00:28,640 Speaker 1: of what is sure to be one of the most 11 00:00:28,640 --> 00:00:32,320 Speaker 1: pivotal moments in American history. So what are you waiting for? 12 00:00:32,520 --> 00:00:53,880 Speaker 1: Go to Breakingpoints dot com to help us out. Good morning, everybody, 13 00:00:53,920 --> 00:00:56,480 Speaker 1: Happy Thursday. We have an amazing show for everybody today. 14 00:00:56,480 --> 00:00:58,400 Speaker 1: What do we have, Prissalt? Indeed, we do many things 15 00:00:58,400 --> 00:01:00,840 Speaker 1: to get to you this morning. So we are now 16 00:01:00,880 --> 00:01:05,720 Speaker 1: getting video out of Uvaldi from within the school, and 17 00:01:06,520 --> 00:01:09,560 Speaker 1: I mean, it's just unimaginable what these guys did, what 18 00:01:09,600 --> 00:01:12,640 Speaker 1: they didn't do, So we'll break down for you everything 19 00:01:12,680 --> 00:01:16,319 Speaker 1: that we learned. There also some stunning numbers on inflation 20 00:01:17,200 --> 00:01:21,080 Speaker 1: and new indications the Fed could actually lift rates up 21 00:01:21,120 --> 00:01:24,160 Speaker 1: to a full percentage point. I mean, this is this 22 00:01:24,240 --> 00:01:28,959 Speaker 1: is truly wild, truly insane. Former Ambassador John Bolton, yes, 23 00:01:29,480 --> 00:01:33,320 Speaker 1: saying quiet part out loud about his involvement in kus 24 00:01:33,400 --> 00:01:36,920 Speaker 1: We also have a New York Times look into Ray Epps, 25 00:01:36,920 --> 00:01:39,920 Speaker 1: who has been the center of some conjecture about exactly 26 00:01:40,000 --> 00:01:42,959 Speaker 1: what happened on January sixth and who was involved. We're 27 00:01:42,959 --> 00:01:45,360 Speaker 1: also going to have doctor Parci here to talk through 28 00:01:45,600 --> 00:01:48,720 Speaker 1: Biden's trip to Saudi Arabia. But we wanted to start 29 00:01:48,760 --> 00:01:51,160 Speaker 1: actually with a few announcements before we jump into the show. 30 00:01:51,240 --> 00:01:53,520 Speaker 1: Re announcements Number one live show. Do we have that 31 00:01:53,560 --> 00:01:55,840 Speaker 1: graphic control room? Can we go? Yes? There it is 32 00:01:55,920 --> 00:01:59,400 Speaker 1: Center Stage Theater, Atlanta, September sixteenth. We're coming seven thirty 33 00:01:59,440 --> 00:02:01,880 Speaker 1: pm Eastern Standard time. As we said, if you can 34 00:02:01,880 --> 00:02:04,320 Speaker 1: help us sell out this venue deeply helps out the 35 00:02:04,360 --> 00:02:06,360 Speaker 1: show because we could show the rest of the industry 36 00:02:06,400 --> 00:02:08,880 Speaker 1: and others that we can indeed sell tickets. We've actually 37 00:02:08,919 --> 00:02:10,880 Speaker 1: already done a pretty good job, but I would really 38 00:02:10,960 --> 00:02:13,360 Speaker 1: like to sell this one out in a so called 39 00:02:13,480 --> 00:02:15,880 Speaker 1: mid market city just to show the world what Breaking 40 00:02:15,880 --> 00:02:18,520 Speaker 1: Points can do nationwide. So if you're in the area, 41 00:02:18,560 --> 00:02:21,640 Speaker 1: we would really appreciate you joining and buying tickets. We're 42 00:02:21,639 --> 00:02:24,800 Speaker 1: gonna have links down in the description. What's number two? Ah, Yes, 43 00:02:24,880 --> 00:02:27,640 Speaker 1: premium subscribers, thank you all so much. As we said, 44 00:02:27,760 --> 00:02:30,839 Speaker 1: for planning and financial purposes, it's very helpful to us. 45 00:02:31,080 --> 00:02:33,840 Speaker 1: If there are monthly subscribers who are able to upgrade 46 00:02:33,840 --> 00:02:36,519 Speaker 1: to the yearly subscription, we're offering a discount, a twenty 47 00:02:36,560 --> 00:02:39,440 Speaker 1: percent discount on that. For the existing monthly subscribers. It's 48 00:02:39,480 --> 00:02:41,480 Speaker 1: going to be a link in your premium newsletter all 49 00:02:41,520 --> 00:02:43,520 Speaker 1: at the top for those who've already done so. It 50 00:02:43,600 --> 00:02:46,200 Speaker 1: is so helpful to us, Like you said, for financial 51 00:02:46,200 --> 00:02:48,640 Speaker 1: planning purposes. As we move into the midterms, we have 52 00:02:48,680 --> 00:02:50,480 Speaker 1: some bigger expenses that we want to be able to 53 00:02:50,480 --> 00:02:52,240 Speaker 1: make sure that we have the cash for, so thank you. 54 00:02:52,400 --> 00:02:54,440 Speaker 1: And then number three, we're going to be off next week. 55 00:02:54,520 --> 00:02:57,160 Speaker 1: So Crystal, you're going on vacation. It's for my grandfather's 56 00:02:57,240 --> 00:02:58,840 Speaker 1: ninetieth birthday. So I'm going to be on a plane 57 00:02:58,880 --> 00:03:01,400 Speaker 1: to India as a telling you, I have to wear 58 00:03:01,400 --> 00:03:04,320 Speaker 1: a mask the entire time, so that'll be fun. Twenty 59 00:03:04,320 --> 00:03:08,080 Speaker 1: hours of travel. My passport experience was insane. I'm not 60 00:03:08,080 --> 00:03:10,200 Speaker 1: going to bore everybody with the details, but basically the 61 00:03:10,240 --> 00:03:12,520 Speaker 1: State Department is a total mess right now. As a 62 00:03:12,560 --> 00:03:15,440 Speaker 1: result COVID, I had to go, so I had to 63 00:03:15,440 --> 00:03:17,480 Speaker 1: go in person. Yeah, let me just tell this at 64 00:03:17,480 --> 00:03:19,280 Speaker 1: the top. It was. It was horrific, and so I 65 00:03:19,320 --> 00:03:21,600 Speaker 1: had to Thank god, I was able to get an 66 00:03:21,600 --> 00:03:24,240 Speaker 1: in person appointment where you get your passport the same day. 67 00:03:24,280 --> 00:03:27,799 Speaker 1: And this lady showed up and you know, clearly she 68 00:03:27,840 --> 00:03:29,480 Speaker 1: didn't speak English that well, and then she was a 69 00:03:29,560 --> 00:03:32,360 Speaker 1: US citizen and she didn't have she didn't make her 70 00:03:32,400 --> 00:03:36,440 Speaker 1: appointment properly, and her son is like in the hospital 71 00:03:36,480 --> 00:03:38,600 Speaker 1: in Ghana or something for this from what I could gather, 72 00:03:38,840 --> 00:03:40,840 Speaker 1: and they were like, man, there's no appointments for the 73 00:03:40,880 --> 00:03:43,080 Speaker 1: next two weeks. She's like, I need to get on 74 00:03:43,120 --> 00:03:46,160 Speaker 1: a plane to Ghana. And people were like, oh my god, 75 00:03:46,200 --> 00:03:48,480 Speaker 1: Like I'll give her my appointment, but there was there's 76 00:03:48,520 --> 00:03:50,600 Speaker 1: nothing you could do. They're like no, They're like, you 77 00:03:50,640 --> 00:03:52,240 Speaker 1: have to come back into it. She was like crying 78 00:03:52,280 --> 00:03:55,160 Speaker 1: when it was horrible, and she'd all take travel. I'm like, bullshit, 79 00:03:55,240 --> 00:03:57,400 Speaker 1: bureaucratic rule, get it. Well, she had trapped. You know, 80 00:03:57,400 --> 00:03:59,440 Speaker 1: there's only nine of these passport luckily we live in DC. 81 00:03:59,600 --> 00:04:01,120 Speaker 1: Is only nine one of these things in the whole country. 82 00:04:01,160 --> 00:04:03,000 Speaker 1: So I think she had travel fight. Oh I felt 83 00:04:03,000 --> 00:04:05,320 Speaker 1: so bad for her anyway, So anyway, the things you 84 00:04:05,360 --> 00:04:09,760 Speaker 1: see in these agencies nightmare. It got done, thankfully, so 85 00:04:09,800 --> 00:04:12,160 Speaker 1: I can get my visa anyway. So those are the 86 00:04:12,160 --> 00:04:15,320 Speaker 1: three announcements. As we're going, do you have. We've been 87 00:04:15,360 --> 00:04:18,200 Speaker 1: banking a bunch of content, so you will see a 88 00:04:18,200 --> 00:04:20,479 Speaker 1: little bit of us next week. We also are going 89 00:04:20,560 --> 00:04:23,320 Speaker 1: to have great partner content forty next week, so we 90 00:04:23,360 --> 00:04:25,479 Speaker 1: will not be entirely dark, but we also will not 91 00:04:25,560 --> 00:04:27,240 Speaker 1: be doing our full show, and we'll be back the 92 00:04:27,279 --> 00:04:29,840 Speaker 1: week after. We'll be back. We will all reset, recharge 93 00:04:29,839 --> 00:04:31,880 Speaker 1: all that could do. Yes, reset recharge. I'm going to 94 00:04:31,880 --> 00:04:35,919 Speaker 1: go eat some great food in India. Okay, all right, 95 00:04:36,000 --> 00:04:39,360 Speaker 1: let's start with inflation. All right, let's start with the big, 96 00:04:40,000 --> 00:04:43,359 Speaker 1: very bad inflation numbers. Let's put the headline up on 97 00:04:43,400 --> 00:04:46,280 Speaker 1: the screen here from Heather Long the Washington Post, who 98 00:04:46,279 --> 00:04:48,120 Speaker 1: does a good job just tracking the numbers. She says, 99 00:04:48,279 --> 00:04:52,680 Speaker 1: justin inflation is getting worse. Inflation rows nine point one 100 00:04:52,720 --> 00:04:55,839 Speaker 1: percent year over year in June. That is the highest 101 00:04:55,880 --> 00:04:58,040 Speaker 1: since nineteen eighty one the year of my birth and 102 00:04:58,080 --> 00:05:01,680 Speaker 1: the highest so far in the pandemic. Peer gas, rent, 103 00:05:01,720 --> 00:05:05,560 Speaker 1: and food drove the increase. Gas accounted for about fifty 104 00:05:05,600 --> 00:05:09,080 Speaker 1: percent of the increase. Inflation was up one point three 105 00:05:09,160 --> 00:05:12,599 Speaker 1: percent just in the month of June alone. Let's go 106 00:05:12,600 --> 00:05:14,760 Speaker 1: ahead and put some of the specifics here. This next 107 00:05:14,760 --> 00:05:17,719 Speaker 1: tweet up on the screen about what categories we are 108 00:05:17,760 --> 00:05:20,680 Speaker 1: seeing the highest inflation in this again, how the long says, 109 00:05:20,680 --> 00:05:25,360 Speaker 1: inflation continues to hit hard Groceries up twelve percent in 110 00:05:25,400 --> 00:05:27,799 Speaker 1: the past year. That's the biggest annual increase since nineteen 111 00:05:27,880 --> 00:05:31,760 Speaker 1: seventy nine. Chicken up nineteen percent in the past year. 112 00:05:31,800 --> 00:05:36,000 Speaker 1: That's the biggest increase ever. Gas up sixty percent, biggest 113 00:05:36,040 --> 00:05:39,800 Speaker 1: since nineteen eighty one. Electricity up fourteen percent, biggest since 114 00:05:39,800 --> 00:05:42,920 Speaker 1: two thousand and six. Rent this is a really critical one, 115 00:05:43,080 --> 00:05:46,279 Speaker 1: up five point eight percent, biggest since nineteen eighty six. 116 00:05:46,320 --> 00:05:49,400 Speaker 1: A little bit more on rent. Put the next one up. 117 00:05:49,440 --> 00:05:51,680 Speaker 1: Over the past three months, rents have risen at an 118 00:05:51,720 --> 00:05:55,760 Speaker 1: annual rate of eight point two percent, owner's equivalent rent 119 00:05:55,800 --> 00:05:58,560 Speaker 1: rising at seven point three percent rate. That's especially worrying 120 00:05:58,600 --> 00:06:02,960 Speaker 1: because rents don't to turn around quickly and the part 121 00:06:03,000 --> 00:06:06,800 Speaker 1: that is probably the most crucial point here. Let's put 122 00:06:06,800 --> 00:06:10,760 Speaker 1: this a four up on the screen. Bottom line, wages 123 00:06:10,760 --> 00:06:12,800 Speaker 1: are up five point one percent in the past year. 124 00:06:12,839 --> 00:06:17,279 Speaker 1: That sounds pretty good, but costs are up nine point 125 00:06:17,320 --> 00:06:21,600 Speaker 1: one percent. That means you are getting a massive pay cut. 126 00:06:21,800 --> 00:06:24,039 Speaker 1: Gas prices have come down a little lately, she says, 127 00:06:24,040 --> 00:06:27,040 Speaker 1: which will help, but food, rent, electricity are showing few 128 00:06:27,200 --> 00:06:29,640 Speaker 1: signs of relief. We're going to get to the cope, 129 00:06:29,680 --> 00:06:32,799 Speaker 1: the political cope from Biden and Pelosi in just a moment. 130 00:06:32,920 --> 00:06:35,120 Speaker 1: But you know, there continues to be hope that all 131 00:06:35,120 --> 00:06:37,760 Speaker 1: we're getting to the peak. Month after month after month 132 00:06:37,839 --> 00:06:39,960 Speaker 1: we hear these sale we're at the worst of the 133 00:06:40,000 --> 00:06:43,159 Speaker 1: crisis is behind us. But what's really troubling here is 134 00:06:43,200 --> 00:06:46,120 Speaker 1: that even if you strip out the most volatile pieces, 135 00:06:46,160 --> 00:06:49,080 Speaker 1: which are like food and gas prices, what they call 136 00:06:49,279 --> 00:06:54,880 Speaker 1: core inflation is still rising at a rapid pace that 137 00:06:54,920 --> 00:06:58,799 Speaker 1: would seem to indicate that we are not moving past 138 00:06:58,800 --> 00:07:01,560 Speaker 1: the end of this crisis. And listen, I think everyone 139 00:07:01,640 --> 00:07:04,320 Speaker 1: should have a lot of humility about predicting exactly how 140 00:07:04,360 --> 00:07:07,120 Speaker 1: and what happens here. But there is no sign at 141 00:07:07,120 --> 00:07:10,000 Speaker 1: this point that you know, the Fed's goal of reducing 142 00:07:10,000 --> 00:07:13,040 Speaker 1: inflation is working. The Fed's goal of hurting you is working. 143 00:07:13,320 --> 00:07:16,080 Speaker 1: But the fed's goal of reducing inflation through the actions 144 00:07:16,080 --> 00:07:18,520 Speaker 1: that they're taking thus far, we're not seeing in the numbers. Yeah, 145 00:07:18,520 --> 00:07:20,240 Speaker 1: I mean, I don't think there's any getting around it, 146 00:07:20,280 --> 00:07:23,360 Speaker 1: and any of the structural issues that are affecting inflation 147 00:07:23,520 --> 00:07:25,360 Speaker 1: are not being solved. So gas, I mean, you know, 148 00:07:25,360 --> 00:07:27,640 Speaker 1: people are saying the administration we're about to get to 149 00:07:27,760 --> 00:07:29,760 Speaker 1: is like championing the fact that gas is only for 150 00:07:30,040 --> 00:07:34,240 Speaker 1: sixty a gallon. It's actually still near five here in DC. Okay, yeah, 151 00:07:34,240 --> 00:07:36,080 Speaker 1: I'm not going to say thirty cents a gallon reduction 152 00:07:36,200 --> 00:07:38,360 Speaker 1: isn't a good thing, but that doesn't mean that it's 153 00:07:38,640 --> 00:07:41,120 Speaker 1: it's still good. I mean, by the time before you 154 00:07:41,240 --> 00:07:43,080 Speaker 1: Russian invaded Ukraine, I think it was a three fifty 155 00:07:43,080 --> 00:07:44,440 Speaker 1: a gallon that was already high and a lot of 156 00:07:44,480 --> 00:07:46,679 Speaker 1: people were complaining. So around the twos is where people 157 00:07:46,840 --> 00:07:49,240 Speaker 1: feel comfortable as a consumer. So look, you're still over 158 00:07:49,240 --> 00:07:51,480 Speaker 1: one hundred percent on that. On food, I mean, the 159 00:07:51,480 --> 00:07:56,640 Speaker 1: food price problem continues to skyrocket. Also, the fertilizer issues 160 00:07:56,640 --> 00:07:58,640 Speaker 1: and natural gas and more that we've been talking about, 161 00:07:58,800 --> 00:08:00,800 Speaker 1: none of that is going away, and not just right now, 162 00:08:00,840 --> 00:08:05,560 Speaker 1: for years and years because crop planning and others that people, 163 00:08:05,640 --> 00:08:08,280 Speaker 1: farmers and others need to do in Europe and in 164 00:08:08,320 --> 00:08:11,560 Speaker 1: the United States, all of those problems remain. On top 165 00:08:11,600 --> 00:08:13,640 Speaker 1: of the supply chain issues. I mean, the port of 166 00:08:13,640 --> 00:08:16,520 Speaker 1: Los Angeles continues to be a nightmare. It's not as 167 00:08:16,640 --> 00:08:18,720 Speaker 1: bad as it was a year ago, but it's still 168 00:08:18,760 --> 00:08:21,880 Speaker 1: not even close to twenty nineteen. And then you add 169 00:08:21,920 --> 00:08:24,480 Speaker 1: on top of that the recessionary problems that we already 170 00:08:24,480 --> 00:08:26,240 Speaker 1: have in the economy, where people just don't want to 171 00:08:26,240 --> 00:08:28,200 Speaker 1: spend as much money, so you have a reduction in demand, 172 00:08:28,240 --> 00:08:30,200 Speaker 1: You have the supply chain problems, and then you have 173 00:08:30,240 --> 00:08:33,400 Speaker 1: the gas issue on top of the geopolitical risk situation. 174 00:08:33,640 --> 00:08:36,160 Speaker 1: All of that just means that it's just not going 175 00:08:36,200 --> 00:08:39,679 Speaker 1: to go away anytime soon. In addition to fuel, oil 176 00:08:39,760 --> 00:08:43,000 Speaker 1: is probably the highest part of all of inflation that 177 00:08:43,040 --> 00:08:45,880 Speaker 1: people are seeing at home. As I've talked about here 178 00:08:46,160 --> 00:08:49,280 Speaker 1: at nauseum, the energy crisis that we're all experiencing is 179 00:08:49,400 --> 00:08:52,760 Speaker 1: going to continue. And as the country gets colder into 180 00:08:52,800 --> 00:08:55,200 Speaker 1: the winter, that's actually what I think we'll probably see 181 00:08:55,280 --> 00:08:58,120 Speaker 1: some of the worst energy inflation. So gas may come 182 00:08:58,160 --> 00:09:01,360 Speaker 1: down to for something agallon because of reduction in demand, 183 00:09:01,400 --> 00:09:04,760 Speaker 1: but electricity prices are going to probably just replace and 184 00:09:04,800 --> 00:09:07,360 Speaker 1: eat even more of people's incomes. So it's rough out there. 185 00:09:07,520 --> 00:09:09,960 Speaker 1: It acurate, It absolutely is. I read the New York 186 00:09:09,960 --> 00:09:13,040 Speaker 1: Times analysis of these inflation numbers and what they mean 187 00:09:13,120 --> 00:09:15,320 Speaker 1: and what might happen in the future, and their quote 188 00:09:15,360 --> 00:09:18,640 Speaker 1: unquote like silver lining or hope of what might happen. 189 00:09:19,440 --> 00:09:21,720 Speaker 1: They say there are some reasons that today's rapid price 190 00:09:21,760 --> 00:09:25,640 Speaker 1: gains could abate based on economies fundamentals. For example, consumers 191 00:09:25,720 --> 00:09:28,600 Speaker 1: might struggle to sustain their spending as prices jump. They 192 00:09:28,640 --> 00:09:31,480 Speaker 1: move in with roommates, stop taking vacations, or pull back 193 00:09:31,480 --> 00:09:34,560 Speaker 1: on social activities to save money. Supply could began to 194 00:09:34,600 --> 00:09:37,800 Speaker 1: catch up with demand, allowing price gains to decelerate. So 195 00:09:37,840 --> 00:09:41,640 Speaker 1: they're hoping that people are hurting so badly that they're 196 00:09:41,679 --> 00:09:45,560 Speaker 1: having to move in with roommates, cancel their social activities, 197 00:09:45,640 --> 00:09:49,840 Speaker 1: cancel their vacations, stop driving. I mean, that is the 198 00:09:49,920 --> 00:09:53,320 Speaker 1: economic policy of this administration, and this is what the 199 00:09:53,360 --> 00:09:56,960 Speaker 1: Republicans are offering as well. They have no actual solutions 200 00:09:56,960 --> 00:09:59,320 Speaker 1: that would deal with the corporate price gouging. The supply 201 00:09:59,440 --> 00:10:01,720 Speaker 1: chain issue is nothing that's going to get through Congress. 202 00:10:01,880 --> 00:10:04,640 Speaker 1: The only thing that they can do is crush demand, 203 00:10:04,679 --> 00:10:07,600 Speaker 1: and so that's what they're actually hoping for. I mean, 204 00:10:07,679 --> 00:10:10,679 Speaker 1: how absolutely grim is that they are hoping that the 205 00:10:10,679 --> 00:10:13,720 Speaker 1: American consumer is so badly hit that they have to 206 00:10:13,760 --> 00:10:16,760 Speaker 1: pull back on their car trips, their road trips, their vacation, 207 00:10:16,920 --> 00:10:19,560 Speaker 1: they're spending their meals out there, you know, moving in 208 00:10:19,559 --> 00:10:22,840 Speaker 1: with roommates, all of these things. It really that it's 209 00:10:22,960 --> 00:10:26,280 Speaker 1: just incredibly ugly. That is what our policy makers have 210 00:10:26,320 --> 00:10:28,120 Speaker 1: resorted to. Housing is the one I'm probably the most 211 00:10:28,120 --> 00:10:30,360 Speaker 1: worried about because you already pointed out eight percent on 212 00:10:30,360 --> 00:10:32,679 Speaker 1: a national average. Okay, you know that's national, but if 213 00:10:32,679 --> 00:10:34,560 Speaker 1: we're talking metro area. So there's actually a story that 214 00:10:34,760 --> 00:10:38,280 Speaker 1: just broke this morning. Manhattan rent has broken five thousand 215 00:10:38,320 --> 00:10:41,240 Speaker 1: dollars for the first time in New York City history. 216 00:10:41,360 --> 00:10:44,680 Speaker 1: Five thousand dollars for the average rent in the city. 217 00:10:45,040 --> 00:10:48,400 Speaker 1: Oh insane on Manhattan Island. Okay, yeah, you can live 218 00:10:48,440 --> 00:10:50,480 Speaker 1: in Brooklyn or is it going to be that much 219 00:10:50,520 --> 00:10:53,720 Speaker 1: better in Queen's and elsewhere? That stuff bleeds out because 220 00:10:53,880 --> 00:10:55,880 Speaker 1: what happens is, of course the ultra rich are not 221 00:10:56,000 --> 00:10:58,320 Speaker 1: affected by this, and even the upper middle class broadly 222 00:10:58,360 --> 00:11:00,000 Speaker 1: can afford it. I'm talking about this in my momlague. 223 00:11:00,360 --> 00:11:02,880 Speaker 1: Only seventeen percent of white college educated voters say that 224 00:11:02,920 --> 00:11:05,400 Speaker 1: the economy or inflation is their top issue in twenty 225 00:11:05,440 --> 00:11:07,320 Speaker 1: twenty two. The fact is they can just absorb it, 226 00:11:07,360 --> 00:11:09,679 Speaker 1: but everybody else has to deal with it. And so 227 00:11:09,720 --> 00:11:12,960 Speaker 1: the trickle down effect of squeezing upper class and upper 228 00:11:12,960 --> 00:11:14,880 Speaker 1: middle class people out of the housing market is just 229 00:11:14,920 --> 00:11:17,640 Speaker 1: going to balloon the rent market even more, which is 230 00:11:17,679 --> 00:11:20,520 Speaker 1: just going to force even more working class people, even 231 00:11:20,559 --> 00:11:23,440 Speaker 1: middle class people honestly out into the you know, the 232 00:11:23,480 --> 00:11:25,760 Speaker 1: real dregs of housing. So people are going to have 233 00:11:25,800 --> 00:11:27,640 Speaker 1: to drive more, which means going to spend more gas, 234 00:11:27,800 --> 00:11:30,959 Speaker 1: live in subpar conditions, thirty thirty five year olds living 235 00:11:31,000 --> 00:11:33,640 Speaker 1: with roommates. I mean, this is this is not the 236 00:11:33,679 --> 00:11:36,520 Speaker 1: way the country is designed to work. But effectively, that's 237 00:11:36,600 --> 00:11:39,160 Speaker 1: the policy right now of the Federal Reserve is to 238 00:11:39,160 --> 00:11:42,120 Speaker 1: push things into the correct And we are covering for 239 00:11:42,559 --> 00:11:45,720 Speaker 1: either this weekend or for next week a story about 240 00:11:45,720 --> 00:11:49,960 Speaker 1: how many people are pulling out of their contracts when 241 00:11:50,000 --> 00:11:52,440 Speaker 1: they're buying a home. They put the house under contract 242 00:11:52,600 --> 00:11:56,559 Speaker 1: and then fifteen percent are now walking away and say, ah, 243 00:11:56,600 --> 00:11:59,080 Speaker 1: we can't do this anymore because of inflation, because of 244 00:11:59,120 --> 00:12:01,480 Speaker 1: you know, the way the prices have escalated, and specifically 245 00:12:01,760 --> 00:12:05,400 Speaker 1: because of the way that mortgage rates have dramatically spiked, 246 00:12:05,440 --> 00:12:09,120 Speaker 1: I mean a huge historic spike in mortgage rates, which 247 00:12:09,160 --> 00:12:13,560 Speaker 1: again that's the intent, but the place. So you're not 248 00:12:13,600 --> 00:12:16,000 Speaker 1: seeing the results of the FED policy in terms of 249 00:12:16,000 --> 00:12:19,080 Speaker 1: inflation coming down, but you are seeing the FED policy 250 00:12:19,200 --> 00:12:24,320 Speaker 1: in terms of regular consumers Americans being hurt and you know, 251 00:12:24,440 --> 00:12:27,360 Speaker 1: increasingly struggling to be able to sort of move forward 252 00:12:27,360 --> 00:12:29,720 Speaker 1: with their lives, and especially things like being able to 253 00:12:29,720 --> 00:12:31,800 Speaker 1: get into a house, which, as you said, that has 254 00:12:31,880 --> 00:12:33,880 Speaker 1: a trickle down effect in terms of, Okay, if that 255 00:12:33,960 --> 00:12:36,199 Speaker 1: person's not buying house, then they're in the rental market. 256 00:12:36,240 --> 00:12:38,200 Speaker 1: Then someone who was already in the rental market who 257 00:12:38,280 --> 00:12:40,360 Speaker 1: was sort of struggling to hang on there gets pushed 258 00:12:40,360 --> 00:12:44,679 Speaker 1: down into homelessness. It's a really, really bad downward spiral. 259 00:12:45,080 --> 00:12:47,319 Speaker 1: So let's talk about what the politicians are saying about 260 00:12:47,360 --> 00:12:50,280 Speaker 1: all of this. President Biden, let's go ahead and put 261 00:12:50,559 --> 00:12:52,600 Speaker 1: a five up on the screen. He says, the CPI 262 00:12:52,720 --> 00:12:56,280 Speaker 1: data is out of date because gas prices have fallen. 263 00:12:56,440 --> 00:12:59,040 Speaker 1: Let me read this statement. He says, well, today's headline 264 00:12:59,040 --> 00:13:02,360 Speaker 1: inflation reading is unacceptably high. It is also out of date. 265 00:13:02,720 --> 00:13:05,440 Speaker 1: Energy alone comprise nearly half of the monthly increase in 266 00:13:05,440 --> 00:13:07,760 Speaker 1: inflation today's data. It does not reflect the full impact 267 00:13:07,800 --> 00:13:10,360 Speaker 1: of nearly thirty days of decreases and gas prices that 268 00:13:10,360 --> 00:13:12,040 Speaker 1: have reduced the price of the pump by about forty 269 00:13:12,080 --> 00:13:15,520 Speaker 1: cents since mid June. Those savings are providing important breathing 270 00:13:15,559 --> 00:13:17,680 Speaker 1: room for American families, and other commodities like wheat have 271 00:13:17,760 --> 00:13:20,240 Speaker 1: fallen sharply since this report. It is a good thing 272 00:13:20,240 --> 00:13:22,840 Speaker 1: that gas prices are going down, There's no doubt about it. 273 00:13:22,920 --> 00:13:25,400 Speaker 1: But as I was saying before, you know, if you 274 00:13:25,480 --> 00:13:30,000 Speaker 1: look past the gas and food prices at core inflation, 275 00:13:30,640 --> 00:13:34,640 Speaker 1: you still see these huge spikes. So you know, in 276 00:13:34,760 --> 00:13:36,920 Speaker 1: terms of really making a case that we're at the 277 00:13:36,960 --> 00:13:39,120 Speaker 1: peak of the crisis and things are going to start 278 00:13:39,120 --> 00:13:43,080 Speaker 1: to abate, that maybe that could be the case, but 279 00:13:43,360 --> 00:13:46,160 Speaker 1: there isn't particularly evidence for that in this report. It 280 00:13:46,200 --> 00:13:48,360 Speaker 1: is also just so stupid. You're not supposed to celebrate 281 00:13:48,400 --> 00:13:50,520 Speaker 1: four dollars and sixty cents a gallon. I mean, we 282 00:13:50,520 --> 00:13:52,800 Speaker 1: were sounding the alarm here on this show when gas 283 00:13:52,920 --> 00:13:55,280 Speaker 1: was like four thirty a gallon, and just look, keep 284 00:13:55,320 --> 00:13:57,840 Speaker 1: in mind what's happening on the west coast of this country. 285 00:13:57,880 --> 00:14:01,760 Speaker 1: California is still five dollars ninety cents a five ninety 286 00:14:01,840 --> 00:14:04,560 Speaker 1: nine a gallon on average, which means in the city 287 00:14:04,760 --> 00:14:12,640 Speaker 1: it's over six dollars a gallon. Washington, Oregon, Nevada, Utah, Arizona, Alaska, Hawaii, 288 00:14:12,920 --> 00:14:16,760 Speaker 1: and Illinois all still have five dollars a gallon the 289 00:14:16,880 --> 00:14:19,560 Speaker 1: national price, Yeah, it's at four to sixty. Here in 290 00:14:19,600 --> 00:14:22,520 Speaker 1: the northeast, it's well over four point fifty a gallon 291 00:14:22,560 --> 00:14:24,360 Speaker 1: as well. So the only people who were actually seeing 292 00:14:24,600 --> 00:14:27,360 Speaker 1: cheaper gas are the people who live near refineries in 293 00:14:27,400 --> 00:14:29,800 Speaker 1: the South, like Texas is at about four dollars and 294 00:14:29,880 --> 00:14:32,080 Speaker 1: thirteen cents. But I only you should celebrate the fact that, 295 00:14:32,120 --> 00:14:35,040 Speaker 1: you know, gas, the cheapest gas in the country is 296 00:14:35,040 --> 00:14:37,520 Speaker 1: like four dollars and eleven cents in the state of Georgia, 297 00:14:37,560 --> 00:14:39,760 Speaker 1: where they've had to slash the gas price or gas 298 00:14:39,840 --> 00:14:42,840 Speaker 1: tax and do all sorts of financial chicanery even to 299 00:14:42,920 --> 00:14:45,160 Speaker 1: get there. This is not a victory. And yet at 300 00:14:45,160 --> 00:14:47,320 Speaker 1: the same time, Nancy Pelosi, let's put this up there 301 00:14:47,360 --> 00:14:50,720 Speaker 1: on the screen. She says, I think we're peaking. I 302 00:14:50,760 --> 00:14:52,800 Speaker 1: think we're going to be going down from here now. 303 00:14:52,840 --> 00:14:57,040 Speaker 1: People pointed out Biden in December, so seven months ago, 304 00:14:57,280 --> 00:15:01,080 Speaker 1: said that inflation had likely peaked. Also, learn from personal experience, 305 00:15:01,080 --> 00:15:03,200 Speaker 1: you shouldn't be getting into the prognostication game, and you 306 00:15:03,200 --> 00:15:05,520 Speaker 1: should just sit back and let it all work out. 307 00:15:05,800 --> 00:15:08,840 Speaker 1: Just be like what's going on here, because all we 308 00:15:08,880 --> 00:15:11,880 Speaker 1: can really understand is that inflation is out of control 309 00:15:12,080 --> 00:15:15,680 Speaker 1: for a multitude and a variety of reasons, far longer 310 00:15:15,760 --> 00:15:18,720 Speaker 1: lasting than anybody expected. And you should have a deep 311 00:15:18,760 --> 00:15:21,760 Speaker 1: amount of humility if you're a policymaker. Let's throw that 312 00:15:21,840 --> 00:15:25,200 Speaker 1: up there. The Biden comment specifically, I think it's the 313 00:15:25,240 --> 00:15:27,640 Speaker 1: peak of the crime that was in December of twenty 314 00:15:27,840 --> 00:15:31,480 Speaker 1: twenty one, back way before we hit forty year highs 315 00:15:31,520 --> 00:15:34,360 Speaker 1: on inflator for anything. Infliction has gotten worse in the 316 00:15:34,440 --> 00:15:37,280 Speaker 1: last seven months. So when you consider the cope and 317 00:15:37,320 --> 00:15:40,840 Speaker 1: the prognostication from these people, the issue I have too, 318 00:15:40,920 --> 00:15:43,640 Speaker 1: is that they're just constantly trying to gaslight the American people, 319 00:15:43,840 --> 00:15:45,800 Speaker 1: like Biden is trying to go out there and say, well, 320 00:15:45,800 --> 00:15:47,640 Speaker 1: gas prices have come down every day for the last 321 00:15:47,640 --> 00:15:49,920 Speaker 1: thirty days. Yeah, you're right, from five dollars a gallon 322 00:15:50,000 --> 00:15:52,680 Speaker 1: nationally to four sixty so forty cents a gallon to 323 00:15:52,840 --> 00:15:56,760 Speaker 1: a still unmanageable price. That's not a victory. They're always 324 00:15:56,760 --> 00:15:59,160 Speaker 1: trying to play games with the charts and by saying 325 00:16:00,000 --> 00:16:02,320 Speaker 1: a lighting people, this is the strongest labor market since 326 00:16:02,360 --> 00:16:05,360 Speaker 1: World War Two, the strongest listen. As you pointed out 327 00:16:05,400 --> 00:16:08,120 Speaker 1: on the wage thing, wages are up five, inflation is 328 00:16:08,200 --> 00:16:10,520 Speaker 1: up nine, So that means people got a four percent cut. 329 00:16:11,080 --> 00:16:13,760 Speaker 1: Ye're you know, if you're compared to twenty nineteen, people 330 00:16:13,760 --> 00:16:16,640 Speaker 1: got even larger of a cut. So what does that mean? 331 00:16:16,720 --> 00:16:19,000 Speaker 1: Things are way too expensive? You know, I was looking 332 00:16:19,040 --> 00:16:21,840 Speaker 1: people are paying like eight dollars for a dozen of 333 00:16:21,960 --> 00:16:25,560 Speaker 1: eggs in some places in the cut. That's crazy. I 334 00:16:25,600 --> 00:16:28,040 Speaker 1: mean eggs is one of the highest chicken as well. 335 00:16:28,280 --> 00:16:31,080 Speaker 1: I was even seeing and this is really gross and dystopian. 336 00:16:31,320 --> 00:16:34,640 Speaker 1: There are YouTube channels of like this old Grandma called 337 00:16:34,680 --> 00:16:38,800 Speaker 1: Depression Cooking, which is seeing a skyrocket number of views 338 00:16:39,120 --> 00:16:42,440 Speaker 1: because people are buying whole chickens to learn how to 339 00:16:42,560 --> 00:16:46,560 Speaker 1: like gross chicken stock, make their own taco see anything 340 00:16:46,640 --> 00:16:49,920 Speaker 1: to cut costs at specifically moms, you know, or people 341 00:16:49,920 --> 00:16:52,400 Speaker 1: are going out and buying like Costco rotisserie chickens and 342 00:16:52,480 --> 00:16:55,520 Speaker 1: learning how to make a whole week's worth of meals 343 00:16:55,760 --> 00:16:59,200 Speaker 1: out of those things. You know, look, I'm being frugals, fine, 344 00:16:59,320 --> 00:17:02,280 Speaker 1: but it's more pointing to that's the economic reality. Yeah, 345 00:17:02,320 --> 00:17:04,879 Speaker 1: people are pointing to people are looking at YouTube channels 346 00:17:04,880 --> 00:17:07,200 Speaker 1: to try and save five dollars here, four dollars here 347 00:17:07,440 --> 00:17:09,399 Speaker 1: or whatever per day just because the price is so 348 00:17:09,480 --> 00:17:11,840 Speaker 1: much higher. People's grocery bills up over one hundred percent 349 00:17:11,840 --> 00:17:14,720 Speaker 1: in some cases. Yeah, I guess you know. The other 350 00:17:14,760 --> 00:17:17,640 Speaker 1: thing that really irritates me, not just irritates, it really 351 00:17:17,720 --> 00:17:23,680 Speaker 1: enrages me about the Biden response is his defenders, you know, 352 00:17:24,400 --> 00:17:26,680 Speaker 1: would say, oh, well, back in December when he said 353 00:17:26,720 --> 00:17:28,680 Speaker 1: he thought this was the Pathos before Russia and be 354 00:17:28,840 --> 00:17:30,439 Speaker 1: to Ukraine, and so you know, this is out of 355 00:17:30,440 --> 00:17:33,120 Speaker 1: our hands. What could we do completely ignoring the fact 356 00:17:33,200 --> 00:17:37,040 Speaker 1: that we are playing a very active role in that crisis, 357 00:17:37,320 --> 00:17:41,399 Speaker 1: that our posture and approach of keeping that war going 358 00:17:42,080 --> 00:17:47,600 Speaker 1: indefinitely is creating massive inflationary pressures not only for our 359 00:17:47,640 --> 00:17:49,720 Speaker 1: own people but around the globe. And this is part 360 00:17:49,760 --> 00:17:51,840 Speaker 1: of you know, we covered the crisis in Sri Lanka, 361 00:17:51,880 --> 00:17:54,719 Speaker 1: which has myriad of causes, but one of them is 362 00:17:54,880 --> 00:17:58,320 Speaker 1: skyrocketing food and fuel prices that are leading people to 363 00:17:58,760 --> 00:18:02,879 Speaker 1: absolute desperation, and so inflation is high around the world. 364 00:18:02,960 --> 00:18:04,960 Speaker 1: There are a lot of reasons for that, but part 365 00:18:05,000 --> 00:18:09,040 Speaker 1: of it is our response to the Russia's war in 366 00:18:09,160 --> 00:18:12,720 Speaker 1: Ukraine and in particular the Russian oil bands. So to 367 00:18:12,800 --> 00:18:15,720 Speaker 1: pretend like, oh, there's nothing we can do. We're just 368 00:18:15,720 --> 00:18:18,600 Speaker 1: going to sit back and hope that things get better 369 00:18:18,840 --> 00:18:21,200 Speaker 1: from here and hope the FED, you know, does their 370 00:18:21,240 --> 00:18:25,080 Speaker 1: best to crush the consumers so that ultimately supplying demand 371 00:18:25,160 --> 00:18:27,840 Speaker 1: can meet up again. Hope is not a strategy. And 372 00:18:27,880 --> 00:18:31,120 Speaker 1: also that's the worst possible way and the most painful 373 00:18:31,160 --> 00:18:34,359 Speaker 1: way that you could deal with inflation is by just 374 00:18:34,440 --> 00:18:36,960 Speaker 1: depending on the FED. And that's a great transition to 375 00:18:37,040 --> 00:18:40,359 Speaker 1: the next piece here, which is that listen, the FED 376 00:18:40,480 --> 00:18:43,200 Speaker 1: initially when they started hiking rightsis like, okay, maybe a 377 00:18:43,280 --> 00:18:45,600 Speaker 1: quarter of a point up, maybe half a point. Oh 378 00:18:45,640 --> 00:18:48,320 Speaker 1: that's a lot. Oh maybe zero point seventy five of 379 00:18:48,320 --> 00:18:51,959 Speaker 1: a point seventy five basis points. Now, according to Bloomberg, 380 00:18:52,400 --> 00:18:56,720 Speaker 1: the FED could weigh a historic one hundred basis point hike. 381 00:18:56,800 --> 00:19:00,760 Speaker 1: That's a full percentage point after inflation scorcher. They say, 382 00:19:00,800 --> 00:19:03,680 Speaker 1: future show one to three chance of a supersized July move. 383 00:19:03,760 --> 00:19:06,440 Speaker 1: Seventy five basis points now also in play for FED 384 00:19:06,480 --> 00:19:09,320 Speaker 1: September meeting. Let me read you a little bit of this, 385 00:19:09,880 --> 00:19:14,920 Speaker 1: just to hear their analysis. They have quotes here from 386 00:19:15,040 --> 00:19:17,439 Speaker 1: economists who say, after what happened in June, I do 387 00:19:17,520 --> 00:19:20,400 Speaker 1: not rule anything out. This is the chief chief economist 388 00:19:20,440 --> 00:19:23,199 Speaker 1: at Amherst peer Point Punt Securities, whatever that is. I 389 00:19:23,240 --> 00:19:25,439 Speaker 1: had been thinking that the Fed would decelerate to a 390 00:19:25,440 --> 00:19:28,639 Speaker 1: fifty basis point per meeting pace beginning in September. But 391 00:19:28,680 --> 00:19:31,040 Speaker 1: if the next two monthly inflation numbers look like May's 392 00:19:31,040 --> 00:19:34,480 Speaker 1: and June's, all bets are off. So you now have 393 00:19:34,560 --> 00:19:38,000 Speaker 1: analysts saying they could go as high as a full 394 00:19:38,119 --> 00:19:43,800 Speaker 1: percentage point hike. This is an insane escalation because the 395 00:19:43,840 --> 00:19:49,520 Speaker 1: only thing worse than inflation is inflation that continues plus 396 00:19:49,520 --> 00:19:53,120 Speaker 1: a recession. Plus not only are you getting your wages 397 00:19:53,240 --> 00:19:56,880 Speaker 1: cut effectively by inflation, but oh now you're actually out 398 00:19:56,880 --> 00:19:59,560 Speaker 1: of a job. I mean, there are ways that this 399 00:19:59,640 --> 00:20:03,320 Speaker 1: situation could get much, much, much worse, and that seems 400 00:20:03,440 --> 00:20:05,879 Speaker 1: very much to be the direction that we are risking. Right. Yes, 401 00:20:05,960 --> 00:20:08,400 Speaker 1: City Bank came out with an assessment this morning. They say, quote, 402 00:20:08,440 --> 00:20:11,560 Speaker 1: we now see one hundred basis policy policy rate increase 403 00:20:11,640 --> 00:20:15,560 Speaker 1: at this month's FOMC meeting as the most likely outcome. 404 00:20:15,680 --> 00:20:18,399 Speaker 1: So people at the market preparing for a one hundred 405 00:20:18,440 --> 00:20:20,760 Speaker 1: percent are one hundred basis point hike. I mean, even 406 00:20:20,800 --> 00:20:23,720 Speaker 1: if it's seventy five twenty seventy five percent, that's a lot. 407 00:20:23,800 --> 00:20:26,200 Speaker 1: I mean, I was looking right now the average mortgage 408 00:20:26,280 --> 00:20:28,320 Speaker 1: rate right now in the United States at a thirty 409 00:20:28,440 --> 00:20:31,399 Speaker 1: or fix a six point thirty six percent. That's the 410 00:20:31,520 --> 00:20:33,800 Speaker 1: largest increase in the mortgage rate in a short period 411 00:20:33,840 --> 00:20:37,119 Speaker 1: of time in modern American history. So, okay, you know 412 00:20:37,160 --> 00:20:39,840 Speaker 1: we're not living yet in the nineteen seventies, but it's 413 00:20:39,880 --> 00:20:42,960 Speaker 1: beginning to rhyme a lot with the nineteen seventies, and 414 00:20:43,200 --> 00:20:48,000 Speaker 1: everything bleeds into consumer spending. That means that businesses on 415 00:20:48,040 --> 00:20:51,720 Speaker 1: a macro level cannot borrow cash at a cheap rate 416 00:20:51,800 --> 00:20:55,119 Speaker 1: in order to invest in their workforce and in capital expenditure. 417 00:20:55,119 --> 00:20:57,720 Speaker 1: So they're going to cut all investments, cut their workforce 418 00:20:57,720 --> 00:21:00,320 Speaker 1: in order to protect the stock price, especially as humor 419 00:21:00,560 --> 00:21:04,600 Speaker 1: demand goes down. Also on a micro level, try getting 420 00:21:04,600 --> 00:21:06,880 Speaker 1: a car loan right now, Try getting a house loan 421 00:21:06,960 --> 00:21:09,320 Speaker 1: right now, Try getting any basic loan, you know, outside 422 00:21:09,320 --> 00:21:11,680 Speaker 1: of the credit card system, and you are looking at 423 00:21:11,720 --> 00:21:13,800 Speaker 1: a very very high rate which is going to constrain 424 00:21:14,119 --> 00:21:16,639 Speaker 1: your behavior, so it bleeds all the way down and 425 00:21:16,760 --> 00:21:19,760 Speaker 1: increases the likelihood of unemployment. And really that, I mean, 426 00:21:19,760 --> 00:21:22,200 Speaker 1: that's the goal you saw. Larry Summers came out yesterday, 427 00:21:22,760 --> 00:21:25,000 Speaker 1: We talked about this. He's a you know, he's one 428 00:21:25,000 --> 00:21:27,399 Speaker 1: of these people very much of this view. He said, 429 00:21:27,520 --> 00:21:30,000 Speaker 1: we need we need at least six percent unemployment right now. 430 00:21:30,040 --> 00:21:32,680 Speaker 1: I mean, that's almost double the unemployment rate. That's hundreds 431 00:21:32,760 --> 00:21:35,760 Speaker 1: of millions of people we're going who are going to 432 00:21:35,760 --> 00:21:38,359 Speaker 1: be unemployed. If it said we need ten percent for 433 00:21:38,400 --> 00:21:40,240 Speaker 1: a year, for a year, I mean we're six percent 434 00:21:40,280 --> 00:21:43,720 Speaker 1: for like three years. Right. This is actually psychopathic. And 435 00:21:44,600 --> 00:21:48,000 Speaker 1: the backdrop of all of this too is you know, 436 00:21:48,600 --> 00:21:51,919 Speaker 1: labor that has this historic sort of momentum behind it 437 00:21:52,000 --> 00:21:55,080 Speaker 1: in terms of the grassroots organizing that's going on. You've 438 00:21:55,119 --> 00:21:59,240 Speaker 1: had huge skyrocket and the number of union elections, and 439 00:21:59,280 --> 00:22:01,000 Speaker 1: you've had I'm sure we've heard all of this like 440 00:22:01,080 --> 00:22:03,360 Speaker 1: whining of the capitol class of like, oh, we can't 441 00:22:03,400 --> 00:22:06,119 Speaker 1: get workers in the labor market, there's not enough people 442 00:22:06,160 --> 00:22:07,800 Speaker 1: to work, and we're having to give them raises and 443 00:22:07,840 --> 00:22:12,040 Speaker 1: it's so terrible. They would actually love a higher unemployment 444 00:22:12,119 --> 00:22:16,680 Speaker 1: rate because that imposes a sort of discipline on workers, 445 00:22:17,000 --> 00:22:19,600 Speaker 1: makes it less likely that they're going to file for 446 00:22:19,800 --> 00:22:22,560 Speaker 1: union elections, puts them in a position where they just 447 00:22:22,600 --> 00:22:25,680 Speaker 1: have to take whatever scraps they're ultimately given. So there's 448 00:22:25,720 --> 00:22:28,800 Speaker 1: an incentive here from the capitol class too to discipline 449 00:22:28,880 --> 00:22:32,280 Speaker 1: labor and hike the unemployment rate above and beyond just 450 00:22:32,520 --> 00:22:34,640 Speaker 1: we want to get inflation under control. So that's part 451 00:22:34,640 --> 00:22:37,880 Speaker 1: of an important context here as well. And unfortunately, I mean, 452 00:22:38,200 --> 00:22:41,160 Speaker 1: history bears out that if we go into a recession, 453 00:22:41,240 --> 00:22:44,440 Speaker 1: if we have unemployment continue to spike, which the last 454 00:22:44,480 --> 00:22:46,760 Speaker 1: jobs report continues to be very sure, we continue to 455 00:22:46,840 --> 00:22:48,919 Speaker 1: create a lot of jobs, they're just you know, wages 456 00:22:48,960 --> 00:22:52,320 Speaker 1: are getting cut by the cost at every single turn. 457 00:22:52,720 --> 00:22:54,720 Speaker 1: But you know, history shows that if you do have 458 00:22:54,800 --> 00:22:58,400 Speaker 1: unemployment rates spike, you are going to have many fewer 459 00:22:58,560 --> 00:23:00,760 Speaker 1: union elections. You're going to have workers in a much 460 00:23:00,800 --> 00:23:04,440 Speaker 1: more difficult and precarious position. So again, as bad as 461 00:23:04,440 --> 00:23:07,360 Speaker 1: things are now, they can get worse. They can get 462 00:23:07,359 --> 00:23:09,600 Speaker 1: a lot worse if we continue to have inflation because 463 00:23:09,600 --> 00:23:12,679 Speaker 1: we're not dealing with the underlying issues and we're in 464 00:23:12,720 --> 00:23:16,200 Speaker 1: a recession. That is an utter disaster and catastrophe. Yeah, 465 00:23:16,480 --> 00:23:19,680 Speaker 1: I look, the inflation is not going to be stopped 466 00:23:19,840 --> 00:23:23,919 Speaker 1: by a cut in demand because only about maybe a 467 00:23:23,960 --> 00:23:26,760 Speaker 1: third of it ish is demand influence, So that means 468 00:23:26,760 --> 00:23:28,919 Speaker 1: two third of it is going to be supplied. We 469 00:23:28,960 --> 00:23:31,840 Speaker 1: really could be living. Also. The other thing is is 470 00:23:31,840 --> 00:23:35,240 Speaker 1: that let's say that the FED is the only option, Well, 471 00:23:35,359 --> 00:23:37,800 Speaker 1: then you actually have to basically do what Paul Volker 472 00:23:37,840 --> 00:23:39,840 Speaker 1: did in the nineteen seventies and raise interest rates to 473 00:23:39,920 --> 00:23:44,119 Speaker 1: like twenty five percent and actually induce a massive recession 474 00:23:44,440 --> 00:23:48,440 Speaker 1: with a you know, crash consumer demand. Jerome Powell says 475 00:23:48,480 --> 00:23:50,120 Speaker 1: he doesn't want to do that, So then you would 476 00:23:50,160 --> 00:23:52,440 Speaker 1: have this weird world where interest rates are like eight 477 00:23:52,600 --> 00:23:54,760 Speaker 1: nine percent, not actually high enough to induce a full 478 00:23:54,800 --> 00:23:57,240 Speaker 1: scale recession, but also not going to deal with any 479 00:23:57,280 --> 00:23:59,520 Speaker 1: of the underlying problems, and we will just you know, 480 00:23:59,720 --> 00:24:02,240 Speaker 1: scale through this thing for years and years and years. 481 00:24:02,359 --> 00:24:04,600 Speaker 1: I really do think this is going to define possibly 482 00:24:04,640 --> 00:24:07,000 Speaker 1: the next five years to the next decade. We had 483 00:24:07,000 --> 00:24:09,119 Speaker 1: a decade of easy money and now we're probably going 484 00:24:09,200 --> 00:24:11,760 Speaker 1: to have a decade of some I think hard times. Now. Yeah, 485 00:24:11,840 --> 00:24:14,800 Speaker 1: you know, there's an argument for that from a libertarian perspective, 486 00:24:14,920 --> 00:24:18,280 Speaker 1: like the best company who's come out of a boots truck. Okay, yeah, maybe, 487 00:24:18,520 --> 00:24:20,639 Speaker 1: but that doesn't mean that there isn't a lot of 488 00:24:20,640 --> 00:24:23,000 Speaker 1: suffering along the way. Well, we know, coming out of 489 00:24:23,000 --> 00:24:26,439 Speaker 1: the last recession, what really happened is you had a 490 00:24:26,480 --> 00:24:30,120 Speaker 1: massive spike in inequality. Ultimately, the response to the recession 491 00:24:30,560 --> 00:24:34,600 Speaker 1: contributed to that. You had a majority of middle class 492 00:24:34,680 --> 00:24:36,760 Speaker 1: jobs that were lost during the recession. Coming out of 493 00:24:36,800 --> 00:24:38,760 Speaker 1: the recession, the majority of the jobs that created were 494 00:24:39,720 --> 00:24:43,800 Speaker 1: low paid, low wage jobs. So this hasn't worked out 495 00:24:43,800 --> 00:24:46,720 Speaker 1: well for working class people. Again, the people who have money, 496 00:24:46,960 --> 00:24:49,320 Speaker 1: you know, recessions and opportunity for them. This is the 497 00:24:49,320 --> 00:24:51,440 Speaker 1: same thing we saw last time as well. They went out, 498 00:24:51,440 --> 00:24:55,200 Speaker 1: they snatched up lots of single family homes and apartment complexes, 499 00:24:55,280 --> 00:24:57,520 Speaker 1: They bought all kinds of distressed assets so that when 500 00:24:57,560 --> 00:25:01,080 Speaker 1: things turned around, they were in a position to massively 501 00:25:01,200 --> 00:25:04,320 Speaker 1: massively profit. So you know, they always win no matter 502 00:25:04,400 --> 00:25:07,320 Speaker 1: the situation. And again they would be happy to see 503 00:25:07,400 --> 00:25:10,119 Speaker 1: labor disciplined a little bit and able, and so that 504 00:25:10,160 --> 00:25:13,119 Speaker 1: they can once again just call all the shots and 505 00:25:13,160 --> 00:25:15,760 Speaker 1: have workers have absolutely no say in their workplace. The 506 00:25:15,840 --> 00:25:17,399 Speaker 1: last thing I want to say about the FED policy 507 00:25:17,400 --> 00:25:19,359 Speaker 1: because I think it's important to keep the global context, 508 00:25:19,400 --> 00:25:22,480 Speaker 1: and this again is what happened in Sri Lanka. This 509 00:25:22,480 --> 00:25:25,080 Speaker 1: week's continuing to unfold in Stri Lanka is an important 510 00:25:25,240 --> 00:25:30,119 Speaker 1: reminder of this. Are As we hike rates here at home, 511 00:25:30,720 --> 00:25:34,840 Speaker 1: that effectively increases the cost of dollar denominated debt around 512 00:25:34,880 --> 00:25:38,520 Speaker 1: the world. So all of these developing world nations that 513 00:25:39,000 --> 00:25:41,560 Speaker 1: borrowed heavily during the coronavirus crisis to be able to 514 00:25:41,560 --> 00:25:44,000 Speaker 1: take care of their people while their economies were shut down, 515 00:25:44,240 --> 00:25:46,480 Speaker 1: they're in a very precarious position now. And not only 516 00:25:46,480 --> 00:25:48,640 Speaker 1: are they dealing with the knockout effects of the war 517 00:25:49,000 --> 00:25:51,520 Speaker 1: and the massive inflation increases and all of these other 518 00:25:51,800 --> 00:25:54,760 Speaker 1: disruptions that are going around the globe, but then also 519 00:25:54,840 --> 00:25:57,520 Speaker 1: their debt is becoming much more expensive to service, so 520 00:25:57,560 --> 00:26:00,840 Speaker 1: they are getting squeezed in a lot of ways. That's 521 00:26:00,840 --> 00:26:02,840 Speaker 1: why you've seen a huge spike in the amount of 522 00:26:02,880 --> 00:26:06,320 Speaker 1: distressed sovereign debt around the globe. You already see a 523 00:26:06,359 --> 00:26:10,480 Speaker 1: sort of flight of investors from developing world bonds that 524 00:26:10,520 --> 00:26:13,919 Speaker 1: can also create a kind of domino effect of instability 525 00:26:13,960 --> 00:26:16,280 Speaker 1: and chaos around the world that, of course doesn't just 526 00:26:16,320 --> 00:26:20,560 Speaker 1: stay in those countries fortieth order effects. They're always exactly 527 00:26:20,600 --> 00:26:22,320 Speaker 1: all right, let's talk about you all. This is just 528 00:26:22,400 --> 00:26:24,640 Speaker 1: I haven't been able to really stop thinking about this one. 529 00:26:24,720 --> 00:26:27,560 Speaker 1: And we know the details. Of course, we've known them 530 00:26:27,600 --> 00:26:29,600 Speaker 1: now for a while. The cops stood out there, did 531 00:26:29,640 --> 00:26:34,399 Speaker 1: nothing the broad contours. But luckily some hero somewhere leaked 532 00:26:34,480 --> 00:26:37,800 Speaker 1: the video, the full video of the officers and their 533 00:26:37,880 --> 00:26:41,080 Speaker 1: engagement in Uvaldi in the classrooms. Let's go ahead and 534 00:26:41,080 --> 00:26:43,679 Speaker 1: put this up there on the screen. Major props to 535 00:26:43,680 --> 00:26:46,520 Speaker 1: the Austin American statesman. They got the video, They did 536 00:26:46,520 --> 00:26:50,440 Speaker 1: an excellent job doing the analysis. They edited it. I mean, 537 00:26:50,600 --> 00:26:52,720 Speaker 1: one of the most haunting lines is they say that 538 00:26:52,760 --> 00:26:55,040 Speaker 1: they edited out the screams of the children from the 539 00:26:55,119 --> 00:26:57,000 Speaker 1: video so that none of us would have to hear it. 540 00:26:57,040 --> 00:27:00,199 Speaker 1: And what they point to is just a level of 541 00:27:00,359 --> 00:27:05,040 Speaker 1: screwery inside which is difficult to comprehend. You can actually 542 00:27:05,119 --> 00:27:07,840 Speaker 1: see the gunmen come in, You see a child actually 543 00:27:07,840 --> 00:27:10,000 Speaker 1: peek his head around the corner and you can immediately 544 00:27:10,000 --> 00:27:14,240 Speaker 1: hear the gunshots. That's apparently where the screams were edited out. 545 00:27:14,359 --> 00:27:16,720 Speaker 1: Then within a couple of minutes you see three officers 546 00:27:16,800 --> 00:27:20,359 Speaker 1: come in, come close to the door, get engaged, but 547 00:27:20,480 --> 00:27:24,400 Speaker 1: immediately the moment they have fire, they all run back. 548 00:27:24,680 --> 00:27:28,840 Speaker 1: From that moment forward for another seventy seven minutes, nobody 549 00:27:28,840 --> 00:27:33,080 Speaker 1: goes inside, and we are talking about dozens of guys 550 00:27:33,160 --> 00:27:37,720 Speaker 1: who are gathered within this round, bumping on their phones, 551 00:27:38,160 --> 00:27:42,720 Speaker 1: literally on their phone get sanitized, is bumping getting hand sanitizer. 552 00:27:43,119 --> 00:27:48,919 Speaker 1: It's difficult to describe how aimless so much of this looks. 553 00:27:49,119 --> 00:27:51,359 Speaker 1: We have a video mash up here just look for 554 00:27:51,400 --> 00:27:53,919 Speaker 1: if you know, if this is a sensitive thing or whatever, 555 00:27:54,119 --> 00:27:56,000 Speaker 1: I recommend that you don't watch it. But for those 556 00:27:56,000 --> 00:28:52,640 Speaker 1: who can stomach it, let's take a listen. Yeah, So 557 00:28:52,720 --> 00:28:55,000 Speaker 1: the reason that that matters is you can see clearly, 558 00:28:55,160 --> 00:28:57,920 Speaker 1: I mean, of ten minutes, eleven minutes, there were gunshots 559 00:28:57,920 --> 00:29:00,400 Speaker 1: that were still being fired while these guys were standing 560 00:29:00,440 --> 00:29:02,280 Speaker 1: out there. If you continue to watch, I mean again, 561 00:29:02,320 --> 00:29:04,440 Speaker 1: it's seventy seven minute long video. But if you continue 562 00:29:04,440 --> 00:29:06,360 Speaker 1: to watch, what you see is you got guys milling 563 00:29:06,440 --> 00:29:08,760 Speaker 1: around at the fifty six minute mark, they're like, we're 564 00:29:08,800 --> 00:29:11,120 Speaker 1: going in, but that they don't go in. Everybody's quote 565 00:29:11,160 --> 00:29:13,040 Speaker 1: looking for the keys, even though the door wasn't locked, 566 00:29:13,080 --> 00:29:15,400 Speaker 1: and also even you know why didn't nobody has for 567 00:29:15,440 --> 00:29:18,960 Speaker 1: the keys earlier? A colossal cluster, you know, the hand 568 00:29:18,960 --> 00:29:21,720 Speaker 1: sanitizer thing we referenced. Just put this up there on 569 00:29:21,760 --> 00:29:23,240 Speaker 1: the screen. I mean, just look at this guy and 570 00:29:23,280 --> 00:29:25,000 Speaker 1: he's got a helmet on. You know, he's got his 571 00:29:25,080 --> 00:29:28,040 Speaker 1: vest on, he's getting hand sanitizer. People were fist bumping, 572 00:29:28,120 --> 00:29:31,640 Speaker 1: people were checking their phones. People are text messaging, making 573 00:29:31,720 --> 00:29:35,520 Speaker 1: phone calls. You can say which they have and blamed 574 00:29:35,560 --> 00:29:38,200 Speaker 1: Pete Aredondo, who was the chief of police who made 575 00:29:38,200 --> 00:29:40,200 Speaker 1: the call not to go in. The guys were all 576 00:29:40,240 --> 00:29:42,800 Speaker 1: out there, and ultimately it was the border patrol guys 577 00:29:42,880 --> 00:29:45,240 Speaker 1: at the end who were so disturbed that they even 578 00:29:45,280 --> 00:29:46,840 Speaker 1: went in. Although to be fair, you know you can 579 00:29:46,880 --> 00:29:48,480 Speaker 1: see they were standing out there for a little while 580 00:29:48,520 --> 00:29:50,760 Speaker 1: there for a hour two Yeah, so like, look it's 581 00:29:50,800 --> 00:29:53,880 Speaker 1: not they're not. There's some heroes. I don't know who 582 00:29:53,880 --> 00:29:55,680 Speaker 1: they are. I think the biggest one is probably the 583 00:29:55,680 --> 00:29:57,960 Speaker 1: guy whose wife was I think he was killed and 584 00:29:58,200 --> 00:30:00,320 Speaker 1: called him and was texting him from the room. He 585 00:30:00,400 --> 00:30:02,680 Speaker 1: tried to go in the study, literally held him back, 586 00:30:02,680 --> 00:30:04,800 Speaker 1: stopped him. You can actually see some of that in 587 00:30:04,840 --> 00:30:07,560 Speaker 1: the video too, So I don't know that that image 588 00:30:07,600 --> 00:30:09,160 Speaker 1: with the guy in the hands, and it just really 589 00:30:09,160 --> 00:30:12,320 Speaker 1: sticks with me. You know, it's fifty casual too. I mean, 590 00:30:12,320 --> 00:30:14,600 Speaker 1: they're all just so casual, like there's nothing going on, 591 00:30:14,720 --> 00:30:18,120 Speaker 1: like this is no big deal, just hanging around, hanging around, 592 00:30:18,160 --> 00:30:22,120 Speaker 1: and they're tough guy little outfits like they're badasses when 593 00:30:22,120 --> 00:30:25,680 Speaker 1: they're two fucking cowards, too cowardly to go in and 594 00:30:25,760 --> 00:30:29,640 Speaker 1: rescue these kids. I mean, they they didn't have the kids' 595 00:30:29,640 --> 00:30:33,320 Speaker 1: screens edited out in real time. They heard that, they 596 00:30:33,400 --> 00:30:36,840 Speaker 1: heard that gunfire in those classrooms where there are children 597 00:30:36,960 --> 00:30:40,640 Speaker 1: and teachers, and they do nothing for so long. You know. 598 00:30:40,720 --> 00:30:44,040 Speaker 1: One of the other things that really stood down to 599 00:30:44,120 --> 00:30:47,600 Speaker 1: me is remember we were told, oh, they engaged the gunman, 600 00:30:47,640 --> 00:30:49,680 Speaker 1: but they were they were wounded, so they had to 601 00:30:49,720 --> 00:30:53,560 Speaker 1: fall back. Oh were they really show show me where's that? 602 00:30:53,840 --> 00:30:56,560 Speaker 1: Where does that happen? I mean, it's that was a 603 00:30:56,600 --> 00:30:59,040 Speaker 1: total lion bullshit. And I knew that from the beginning 604 00:30:59,040 --> 00:31:01,240 Speaker 1: because they wouldn't give us any details about like who 605 00:31:01,320 --> 00:31:03,000 Speaker 1: was injured, how they were, how they were doing, were 606 00:31:03,040 --> 00:31:05,640 Speaker 1: they in the hospital. Nothing. None of those police officers 607 00:31:05,800 --> 00:31:07,840 Speaker 1: ended up going to the hospital because they none of 608 00:31:07,840 --> 00:31:10,560 Speaker 1: them were injured. That was a total lie and part 609 00:31:10,600 --> 00:31:12,920 Speaker 1: of their cover up as an excuse for why they 610 00:31:12,920 --> 00:31:15,840 Speaker 1: did not ultimately go in. And to your point, you know, 611 00:31:15,960 --> 00:31:18,400 Speaker 1: they all have wanted to scapegoat this one dude, who 612 00:31:18,440 --> 00:31:21,560 Speaker 1: definitely deserves a lot of blame, no doubt about it. 613 00:31:21,840 --> 00:31:24,800 Speaker 1: But you had on the scene there that you see 614 00:31:24,920 --> 00:31:28,320 Speaker 1: visibly in this video. You have the Evaldi Police Department, 615 00:31:28,360 --> 00:31:31,920 Speaker 1: the regular police department, you have the Uvalde County Sheriff's Department, 616 00:31:32,000 --> 00:31:34,080 Speaker 1: you have the Texas Department of Public Safety, you have 617 00:31:34,120 --> 00:31:36,720 Speaker 1: Texas Rangers, you have US Border Patrol, and you have 618 00:31:36,880 --> 00:31:39,960 Speaker 1: US Martiall Service. Show me in the video where they're 619 00:31:40,000 --> 00:31:42,600 Speaker 1: having to restrain these people from going it. No, they're 620 00:31:42,600 --> 00:31:44,720 Speaker 1: not trying to go in. They're not like, oh my god, 621 00:31:44,840 --> 00:31:46,400 Speaker 1: we want to go in and this guy just won't 622 00:31:46,480 --> 00:31:49,680 Speaker 1: let us know. They're all doing the same thing, which 623 00:31:49,760 --> 00:31:55,720 Speaker 1: is absolutely nothing. So listen, as you said, we knew 624 00:31:55,760 --> 00:31:58,400 Speaker 1: a lot of these details already, not because this is 625 00:31:58,440 --> 00:32:03,760 Speaker 1: the story they told us, but it became blatantly obvious 626 00:32:04,120 --> 00:32:07,320 Speaker 1: that they had just kind of hung around and hoped 627 00:32:07,360 --> 00:32:09,400 Speaker 1: someone else would come in and do the hard work 628 00:32:09,440 --> 00:32:11,520 Speaker 1: and do the scary thing that they didn't want to do. 629 00:32:11,840 --> 00:32:16,280 Speaker 1: But to actually see the video and all these guys 630 00:32:16,400 --> 00:32:20,560 Speaker 1: and how casual they are as kids are bleeding out 631 00:32:20,640 --> 00:32:25,000 Speaker 1: on the floor, you can't unsee it. You can't unsee it. 632 00:32:26,360 --> 00:32:28,160 Speaker 1: I mean in the people who are the families here, 633 00:32:28,560 --> 00:32:31,640 Speaker 1: they're so upset. That teacher who we've played a video 634 00:32:31,720 --> 00:32:34,280 Speaker 1: of him before, he just talks. He says he'll never 635 00:32:34,320 --> 00:32:36,880 Speaker 1: forgive these cops. And he was sitting there and I 636 00:32:36,920 --> 00:32:38,920 Speaker 1: want to address on. Other people were like, well, there 637 00:32:38,960 --> 00:32:41,440 Speaker 1: weren't a lot of shots. Afterwards, people bled out in 638 00:32:41,440 --> 00:32:43,560 Speaker 1: that classroom. You don't know how many people died. How 639 00:32:43,600 --> 00:32:45,920 Speaker 1: many if you'd gone in there, you neutralize this guy 640 00:32:45,920 --> 00:32:48,200 Speaker 1: within ten minutes, maybe you could have saved some lives. 641 00:32:48,280 --> 00:32:49,959 Speaker 1: You know, a lot of people bled out. That's your 642 00:32:50,000 --> 00:32:52,480 Speaker 1: blood loss. And anybody who's worked in the military first 643 00:32:52,520 --> 00:32:54,600 Speaker 1: responder will tell you the first minutes are critical. So 644 00:32:54,640 --> 00:32:56,760 Speaker 1: you let somebody just sit there bleed out for over 645 00:32:56,760 --> 00:32:58,920 Speaker 1: an hour, you're guaranteeing death. At the very least, you 646 00:32:58,960 --> 00:33:02,040 Speaker 1: can give some people, least some people of fighting chance. 647 00:33:02,160 --> 00:33:05,120 Speaker 1: And again that's just something that they are not. They 648 00:33:05,200 --> 00:33:07,400 Speaker 1: won't even acknowledge it. And what's even what pisses me 649 00:33:07,440 --> 00:33:10,040 Speaker 1: off even more, this mayor, this guy is a serious problem. 650 00:33:10,120 --> 00:33:11,840 Speaker 1: Let's go and put this up there on the screen, 651 00:33:11,840 --> 00:33:14,280 Speaker 1: because he's been playing cover up from the very beginning. 652 00:33:14,320 --> 00:33:17,360 Speaker 1: He went out and actually castigated the Austin American Statesman 653 00:33:18,000 --> 00:33:22,400 Speaker 1: as quote chicken and unprofessional for releasing the video shoots 654 00:33:22,800 --> 00:33:26,000 Speaker 1: footage before the families were able to see it first. Yeah, well, 655 00:33:26,000 --> 00:33:27,440 Speaker 1: why didn't you show it to him? You know, it's 656 00:33:27,480 --> 00:33:29,640 Speaker 1: been over a month and they've been asking for it 657 00:33:29,880 --> 00:33:32,680 Speaker 1: from the very beginning. And this guy is very upset 658 00:33:32,800 --> 00:33:35,960 Speaker 1: because Uvaldi police has been getting to blame. And actually, 659 00:33:36,040 --> 00:33:37,640 Speaker 1: on this part, I will agree with him. He's like, 660 00:33:37,680 --> 00:33:40,120 Speaker 1: it's not like the Texas Department of Public Safety doesn't 661 00:33:40,120 --> 00:33:41,720 Speaker 1: have things to cover up too, And yeah, you're right, 662 00:33:41,720 --> 00:33:44,480 Speaker 1: you know, screw all of you. That's really what it 663 00:33:44,520 --> 00:33:46,560 Speaker 1: comes down to. I was also reading about how there 664 00:33:46,600 --> 00:33:49,280 Speaker 1: was a quote heated debate where Governor Abbott and others 665 00:33:49,320 --> 00:33:51,280 Speaker 1: had wanted to release the video but didn't do anything 666 00:33:51,280 --> 00:33:53,160 Speaker 1: about it. Now, look, maybe his office leaked it, and 667 00:33:53,160 --> 00:33:55,080 Speaker 1: they didn't want I don't know who leaked it. That 668 00:33:55,200 --> 00:33:57,440 Speaker 1: being said, I think the governor and them should still 669 00:33:57,480 --> 00:33:59,200 Speaker 1: be much more forward, and I don't think he should 670 00:33:59,200 --> 00:34:01,080 Speaker 1: come out this way. Don't have to be leaked to 671 00:34:01,120 --> 00:34:03,960 Speaker 1: the Austin American statement. The governor and the Attorney General 672 00:34:03,960 --> 00:34:05,280 Speaker 1: should come out and be like, hey, here's a video. 673 00:34:06,440 --> 00:34:09,759 Speaker 1: Anybody in that video who has shown a dereliction of 674 00:34:09,800 --> 00:34:12,320 Speaker 1: duty is hereby laid off fired by the State of 675 00:34:12,360 --> 00:34:15,520 Speaker 1: Texas at the least the least. Yes, not, you know, 676 00:34:16,719 --> 00:34:19,959 Speaker 1: and and you think about it, given the way laws 677 00:34:19,960 --> 00:34:21,799 Speaker 1: are structured, it's not none of them are ever going 678 00:34:21,840 --> 00:34:23,719 Speaker 1: to face any criminal penalty for what they did here, 679 00:34:24,200 --> 00:34:27,320 Speaker 1: given the Supreme Court and ruling that police don't actually 680 00:34:27,360 --> 00:34:29,560 Speaker 1: have a duty to protect you. But also, you know, 681 00:34:29,600 --> 00:34:32,239 Speaker 1: none of them are really open to civil liability either. 682 00:34:32,280 --> 00:34:33,879 Speaker 1: I personally think they should be. I think this guy 683 00:34:34,040 --> 00:34:36,759 Speaker 1: Radando should be sued to high health for for what 684 00:34:36,800 --> 00:34:39,160 Speaker 1: he did at the again, and because at least you 685 00:34:39,160 --> 00:34:41,680 Speaker 1: can tie back the decision making to him. But there 686 00:34:41,680 --> 00:34:43,360 Speaker 1: are a lot of there are a lot of individual 687 00:34:43,440 --> 00:34:48,279 Speaker 1: actors who made terrible, terrible, terrible decisions that day. I mean, 688 00:34:48,360 --> 00:34:50,400 Speaker 1: at least we have the video, at least we can 689 00:34:50,440 --> 00:34:52,360 Speaker 1: all see it. I think it's really disgusting that the 690 00:34:52,400 --> 00:34:55,200 Speaker 1: mayor tried to like use the residence of like, oh, 691 00:34:55,239 --> 00:34:57,640 Speaker 1: how dare you release this? They wanted it? Yeah, of 692 00:34:57,680 --> 00:35:00,279 Speaker 1: course a resident shot back because he said, oh, these 693 00:35:00,640 --> 00:35:04,200 Speaker 1: journalists are chicken and unprofessional for releasing the footage, and 694 00:35:04,239 --> 00:35:06,480 Speaker 1: they said a resident shot back asking him he thought 695 00:35:06,520 --> 00:35:10,600 Speaker 1: the cups were chickens? How about that? So the residents, 696 00:35:10,719 --> 00:35:13,440 Speaker 1: I'm sure, feel that this has been a service that 697 00:35:13,480 --> 00:35:17,479 Speaker 1: has done that gives the public and gives them some 698 00:35:17,640 --> 00:35:21,680 Speaker 1: at least answers about what actually happened. So to hide 699 00:35:21,680 --> 00:35:24,280 Speaker 1: behind this, I mean, it's just total bullshit. It really 700 00:35:24,320 --> 00:35:27,640 Speaker 1: has been a cover up at all levels. And by 701 00:35:27,680 --> 00:35:31,080 Speaker 1: the way, there is still a lot of information that 702 00:35:31,239 --> 00:35:34,360 Speaker 1: has not come out because they are blocking the release 703 00:35:34,400 --> 00:35:37,640 Speaker 1: of the bodycam footage, any and all documents relevant to 704 00:35:37,680 --> 00:35:41,800 Speaker 1: that day at every level, from the county to the state. 705 00:35:42,239 --> 00:35:46,160 Speaker 1: They are standing in the way of that information ultimately 706 00:35:46,200 --> 00:35:49,120 Speaker 1: being released to the public. And at this point, I mean, 707 00:35:49,320 --> 00:35:55,080 Speaker 1: the very least, given the colossal, what should be criminal 708 00:35:55,480 --> 00:35:58,600 Speaker 1: failures that happened here, the very least they can do 709 00:35:58,840 --> 00:36:01,319 Speaker 1: is provide these families the truth of what unfolded on 710 00:36:01,360 --> 00:36:04,360 Speaker 1: that day, and people who are relatives of the victims 711 00:36:04,400 --> 00:36:07,960 Speaker 1: reacted and they're disgusted, they're horrified, and like, you know, 712 00:36:08,239 --> 00:36:11,320 Speaker 1: this is the main thing. It's not just the Evaldi police. 713 00:36:11,960 --> 00:36:15,800 Speaker 1: There were Feds there, Board Patrol, Texas Rangers, US marshals, 714 00:36:15,960 --> 00:36:19,040 Speaker 1: us Mark all of them should be dragged before. I mean, look, 715 00:36:19,080 --> 00:36:21,959 Speaker 1: can't somebody in Congress step up to you have subpoena power. 716 00:36:22,040 --> 00:36:25,600 Speaker 1: Yeah that's true, yea, drag the rasses before Congress, make them, 717 00:36:25,719 --> 00:36:28,719 Speaker 1: you know, make them testify and or let them believe 718 00:36:28,719 --> 00:36:31,000 Speaker 1: the fifth if they want to. But let people see 719 00:36:31,000 --> 00:36:33,680 Speaker 1: it because the video I think should just be the 720 00:36:33,719 --> 00:36:35,680 Speaker 1: starting point. I mean, I'm not naive, and I think 721 00:36:35,680 --> 00:36:37,360 Speaker 1: most of these guys will keep their jobs, which is 722 00:36:37,400 --> 00:36:43,080 Speaker 1: honestly the most disgusting part of this entire thing. All right, 723 00:36:43,120 --> 00:36:45,040 Speaker 1: let's talk about Ukraine. Let's go ahead and put this 724 00:36:45,120 --> 00:36:47,480 Speaker 1: up there on the screen. This is something that we've 725 00:36:47,480 --> 00:36:49,760 Speaker 1: been warning about from the very beginning and finally beginning 726 00:36:50,040 --> 00:36:53,040 Speaker 1: to come true. The European Union and NATO governments are 727 00:36:53,040 --> 00:36:57,000 Speaker 1: now sounding alarm over arms smuggling from Ukraine into Europe. 728 00:36:57,040 --> 00:37:01,319 Speaker 1: As governments fret over billions of weapons to Kiev our 729 00:37:01,440 --> 00:37:05,040 Speaker 1: sending up after they cross the border. And I think 730 00:37:05,080 --> 00:37:07,480 Speaker 1: this is a very important piece because it's something that 731 00:37:07,480 --> 00:37:09,920 Speaker 1: we really were trying to warn about from the beginning, 732 00:37:09,960 --> 00:37:13,040 Speaker 1: which is that what you can see is that the 733 00:37:13,120 --> 00:37:16,200 Speaker 1: billions of dollars in weapons that we're sending to Ukraine. Now, 734 00:37:16,200 --> 00:37:18,960 Speaker 1: of course we're sending them to the Ukrainian military, but 735 00:37:19,000 --> 00:37:22,600 Speaker 1: the Ukrainian military is not just a whole organization. We 736 00:37:22,680 --> 00:37:25,040 Speaker 1: found this out the hard way. In the Afghan military, 737 00:37:25,040 --> 00:37:27,400 Speaker 1: there are many different composite parts. There's sometimes there's not 738 00:37:27,480 --> 00:37:29,880 Speaker 1: good people who are in there, and sometimes they're willing 739 00:37:29,880 --> 00:37:32,399 Speaker 1: to accept cash from really shady people and just sell 740 00:37:32,400 --> 00:37:34,600 Speaker 1: them elsewhere and then come back to the US and say, hey, 741 00:37:34,600 --> 00:37:36,400 Speaker 1: by the way, we used all those weapons, we need 742 00:37:36,520 --> 00:37:38,920 Speaker 1: even more weapons. And what they point to is that 743 00:37:38,960 --> 00:37:42,400 Speaker 1: initially Ukrainian officials actually maintained a register of the firearms 744 00:37:42,400 --> 00:37:44,799 Speaker 1: who were handed out to civilian but the practice was 745 00:37:44,840 --> 00:37:48,120 Speaker 1: abandoned as the war progressed, and firearms have been distributed 746 00:37:48,160 --> 00:37:53,040 Speaker 1: without records since then, and there is no currently real 747 00:37:53,120 --> 00:37:55,799 Speaker 1: register of any of these weapons the moment that they 748 00:37:55,880 --> 00:37:58,520 Speaker 1: end up in Ukraine. So the way that the kind 749 00:37:58,560 --> 00:38:02,400 Speaker 1: of possession process work is NATO in the US. We 750 00:38:02,480 --> 00:38:05,320 Speaker 1: take the weapons there, we scan them, we have good records, obviously, 751 00:38:05,480 --> 00:38:07,520 Speaker 1: and we hand them over. Well, the moment that they 752 00:38:07,600 --> 00:38:10,200 Speaker 1: get on a truck in Ukraine and go wherever the 753 00:38:10,200 --> 00:38:14,160 Speaker 1: hell they're supposed to go, nobody knows. And from that point, 754 00:38:14,200 --> 00:38:16,560 Speaker 1: we have seen this happen in Libya, We saw it 755 00:38:16,600 --> 00:38:20,279 Speaker 1: happen in Syria, we saw it happen in Afghanistan. We 756 00:38:20,360 --> 00:38:24,680 Speaker 1: saw how Libyan and Syrian weapons had a dig all 757 00:38:24,719 --> 00:38:28,080 Speaker 1: across all sorts of crazy conflicts. I mean, don't forget 758 00:38:28,120 --> 00:38:30,840 Speaker 1: this stuff can bleed back. You know, even when Syria, 759 00:38:30,920 --> 00:38:33,719 Speaker 1: for example, remember those Paris attacks. I mean a lot 760 00:38:33,760 --> 00:38:38,160 Speaker 1: of that was organized in Isis territory in Syria, the training, 761 00:38:38,200 --> 00:38:42,600 Speaker 1: the planning, so a vacuum of vacuum of power with 762 00:38:42,680 --> 00:38:46,720 Speaker 1: an influx of weapons has never worked out for modern 763 00:38:46,920 --> 00:38:51,160 Speaker 1: Western policy, except this one is actually on the European continent. 764 00:38:51,400 --> 00:38:55,320 Speaker 1: So you could see very sophisticated weapons and weapons systems 765 00:38:55,680 --> 00:38:57,840 Speaker 1: ending up in the hands of all sorts of crazy 766 00:38:57,880 --> 00:39:01,160 Speaker 1: people with cash. You know, there's Chechens, separatists, there's you know, 767 00:39:01,239 --> 00:39:05,800 Speaker 1: we've got the dagistanis you know who are also in Russia, 768 00:39:05,840 --> 00:39:09,880 Speaker 1: that there's no shortage of separatist groups in Western Europe 769 00:39:10,239 --> 00:39:12,960 Speaker 1: and militias elsewhere in all these people would love to 770 00:39:12,960 --> 00:39:15,719 Speaker 1: get their hands on some brand new weapons from the 771 00:39:15,840 --> 00:39:18,279 Speaker 1: United States or from NATO. And that's exactly what they're 772 00:39:18,280 --> 00:39:21,160 Speaker 1: warning about in this piece. Yeah, they say they quote 773 00:39:21,160 --> 00:39:23,600 Speaker 1: a Western official who says, all these weapons land in 774 00:39:23,600 --> 00:39:25,799 Speaker 1: southern poland get shipped to the border and then are 775 00:39:25,840 --> 00:39:28,400 Speaker 1: just divided up into vehicles to cross trucks, fan sometimes 776 00:39:28,480 --> 00:39:31,480 Speaker 1: private cars, and from that moment on, we go blank 777 00:39:32,120 --> 00:39:34,920 Speaker 1: on their location and we have no idea where they go, 778 00:39:35,040 --> 00:39:36,840 Speaker 1: where they are used, or even if they stay in 779 00:39:36,840 --> 00:39:42,160 Speaker 1: the country. You'll recall that the last massive authorization of 780 00:39:42,239 --> 00:39:45,040 Speaker 1: spending that passed through Congress, I think it was Rand 781 00:39:45,040 --> 00:39:48,200 Speaker 1: Paul who said, hey, let's have some accountability along with this. 782 00:39:48,400 --> 00:39:51,680 Speaker 1: How about we track, actually track, and you know, make 783 00:39:51,719 --> 00:39:54,319 Speaker 1: sure we're keeping account of where these weapons go and 784 00:39:54,360 --> 00:39:57,120 Speaker 1: who they end up with, etc. Got voted down. They 785 00:39:57,160 --> 00:39:59,560 Speaker 1: said no. And that's exactly the problem when you have 786 00:39:59,719 --> 00:40:02,560 Speaker 1: just a total blank tech is you know, they can 787 00:40:02,560 --> 00:40:04,279 Speaker 1: sell off some of these weapons, they can go into 788 00:40:04,320 --> 00:40:06,040 Speaker 1: the black market, they can make some cash, and they 789 00:40:06,040 --> 00:40:08,839 Speaker 1: can just come back to their American patrons and say, oh, 790 00:40:08,840 --> 00:40:11,279 Speaker 1: we use those, we need more, and maybe Sazelenski he 791 00:40:11,520 --> 00:40:13,840 Speaker 1: wouldn't even know about it. Like many No, I'm not 792 00:40:13,840 --> 00:40:16,759 Speaker 1: putting this, That's what I'm saying. List Ukraine was not 793 00:40:16,800 --> 00:40:19,200 Speaker 1: a well run country. Like let's not have any illusions 794 00:40:19,239 --> 00:40:23,120 Speaker 1: about Ukraine being some like really super efficient and non 795 00:40:23,200 --> 00:40:25,920 Speaker 1: corrupt nation before any of this happened. It was not. 796 00:40:26,080 --> 00:40:29,560 Speaker 1: I mean, it ranks very poorly on measures of corruption, 797 00:40:29,840 --> 00:40:32,840 Speaker 1: so there are a lot of holes in the system 798 00:40:33,000 --> 00:40:36,040 Speaker 1: through which anything can slip. We literally just saw this 799 00:40:36,120 --> 00:40:38,279 Speaker 1: whole story play out in Afghanistan. I mean I've told 800 00:40:38,360 --> 00:40:43,000 Speaker 1: some stories here before about how the Afghan military kept 801 00:40:43,040 --> 00:40:46,759 Speaker 1: requisitioning all this gas and the military commanders like how 802 00:40:46,760 --> 00:40:49,360 Speaker 1: are they using all this gas for the Humbies that 803 00:40:49,440 --> 00:40:50,960 Speaker 1: were like, oh, they didn't use them at all. They 804 00:40:50,960 --> 00:40:53,000 Speaker 1: never even drove the Humbies. They sold the gas at 805 00:40:53,040 --> 00:40:55,120 Speaker 1: a profit. They just took it from us and then 806 00:40:55,160 --> 00:40:59,320 Speaker 1: sold it off. Take that and multiply by seven hundred billion. Well, 807 00:40:59,440 --> 00:41:02,279 Speaker 1: now we've got four hundred or forty billion of so 808 00:41:02,440 --> 00:41:04,600 Speaker 1: far of what we've shipped over to Ukraine, or at 809 00:41:04,640 --> 00:41:07,040 Speaker 1: the very least it's been appropriated, and just yesterday it 810 00:41:07,080 --> 00:41:09,640 Speaker 1: was like one point seven billion in additional aid that's 811 00:41:09,640 --> 00:41:11,440 Speaker 1: heading over there. I'm not saying that some of the 812 00:41:11,480 --> 00:41:13,440 Speaker 1: weapons that we're giving them aren't making an effect. Throw 813 00:41:13,480 --> 00:41:15,719 Speaker 1: this next one up there on the screen. You know. 814 00:41:15,719 --> 00:41:20,680 Speaker 1: They've been using these new st these new anti aircraft 815 00:41:20,719 --> 00:41:24,440 Speaker 1: systems against air defense systems in Russian territory, which has 816 00:41:24,440 --> 00:41:26,720 Speaker 1: actually been very helpful. There's been a lot of jokes 817 00:41:26,719 --> 00:41:29,120 Speaker 1: and memes in the military community about how the Russians 818 00:41:29,120 --> 00:41:31,799 Speaker 1: for some odd reasons store their ammunition and others in 819 00:41:31,840 --> 00:41:34,640 Speaker 1: like very concentrated places, which obviously make them easier in 820 00:41:34,760 --> 00:41:38,239 Speaker 1: order to hit with Ukrainian support by the Ukrainians with 821 00:41:38,360 --> 00:41:41,080 Speaker 1: US supplied technology, but it also does highlight like, hey, 822 00:41:41,120 --> 00:41:43,720 Speaker 1: what if one of these things gets into the wrong hands, 823 00:41:43,760 --> 00:41:46,719 Speaker 1: that could be a very serious problem. And we saw 824 00:41:46,800 --> 00:41:49,720 Speaker 1: the exact play out of this in the nineteen nineties 825 00:41:49,760 --> 00:41:53,920 Speaker 1: whenever Ukraine specifically was a major shipping ground for all 826 00:41:53,960 --> 00:41:57,040 Speaker 1: sorts of black market weapons all across the world. Nobody 827 00:41:57,040 --> 00:41:59,000 Speaker 1: knows where the hell all of this stuff is going 828 00:41:59,000 --> 00:42:01,719 Speaker 1: to end up in the future, and that exactly highlights 829 00:42:01,960 --> 00:42:04,879 Speaker 1: the issue. And at the same time, our producer James 830 00:42:04,920 --> 00:42:06,600 Speaker 1: been highlighting this and pointing to it. Let's put this 831 00:42:06,680 --> 00:42:09,240 Speaker 1: up there, which is that there is still a major 832 00:42:09,239 --> 00:42:11,920 Speaker 1: problem right now in terms of grain exports. Remember that 833 00:42:12,000 --> 00:42:14,600 Speaker 1: Ukraine was one of the world's largest shippers of grain. 834 00:42:14,719 --> 00:42:16,120 Speaker 1: It's always been known as kind of one of the 835 00:42:16,160 --> 00:42:18,880 Speaker 1: bread baskets of Europe. And there's been ongoing plans right 836 00:42:18,920 --> 00:42:20,520 Speaker 1: now to try and get some of this damn grain 837 00:42:20,640 --> 00:42:22,759 Speaker 1: out of the Black Sea in order to alleviate some 838 00:42:22,920 --> 00:42:26,279 Speaker 1: of the issues with global hunger. But that still has 839 00:42:26,320 --> 00:42:29,680 Speaker 1: not been has not been hammered out, it's not completely 840 00:42:29,680 --> 00:42:32,879 Speaker 1: finalized with a deal, and it just highlights that there 841 00:42:32,880 --> 00:42:37,120 Speaker 1: are major spillover effects from this conflict, which people refuse 842 00:42:37,480 --> 00:42:39,960 Speaker 1: to discuss. One of the reasons that ran Paul elsewhere. 843 00:42:40,000 --> 00:42:42,680 Speaker 1: I knew even when we were shining alarms about this, 844 00:42:42,719 --> 00:42:44,279 Speaker 1: people will be like, oh, you're you know, you're just 845 00:42:44,320 --> 00:42:46,520 Speaker 1: trying to throw kinks into It's like, listen, we're not talking. 846 00:42:46,760 --> 00:42:49,680 Speaker 1: You can still support Ukraine and learn from It's not 847 00:42:49,760 --> 00:42:53,000 Speaker 1: ancient history. It just happened. We ran this whole experiment 848 00:42:53,360 --> 00:42:56,080 Speaker 1: multiple times in the twenty tens and we want and 849 00:42:56,120 --> 00:42:58,839 Speaker 1: then before that, in the nineteen eighties, It's happened over 850 00:42:58,880 --> 00:43:01,080 Speaker 1: and over again, and we never learn our lesson and 851 00:43:01,080 --> 00:43:03,520 Speaker 1: people call you a propagandist or whatever if you point 852 00:43:03,520 --> 00:43:05,920 Speaker 1: it out. It's like, listen, you know, we have broader 853 00:43:05,960 --> 00:43:09,160 Speaker 1: interests outside of just Ukraine, but that itself is a 854 00:43:09,200 --> 00:43:11,560 Speaker 1: foreign mindset to a lot of people. Yeah, I mean, listen. 855 00:43:11,680 --> 00:43:17,560 Speaker 1: Of course, the worst suffering is being committed on Ukrainian soil. 856 00:43:17,800 --> 00:43:19,759 Speaker 1: You know, there's no doubt about it. The Ukrainians are 857 00:43:19,760 --> 00:43:22,200 Speaker 1: the ones who are suffering the most this whole situation. 858 00:43:22,680 --> 00:43:25,360 Speaker 1: But there is a lot of suffering around the globe 859 00:43:25,440 --> 00:43:29,120 Speaker 1: that is not gone effects from this crisis, from this war, 860 00:43:29,520 --> 00:43:32,120 Speaker 1: in the rising food costs, in the fact that a 861 00:43:32,160 --> 00:43:34,879 Speaker 1: lot of places that really depend on Russia for fertilizer 862 00:43:35,000 --> 00:43:38,480 Speaker 1: because of the banking sanctions, effectively can't get it. So 863 00:43:38,520 --> 00:43:41,080 Speaker 1: that means you not only have higher food prices, but 864 00:43:41,120 --> 00:43:44,920 Speaker 1: you have a drop in crop productivity, so that you know, 865 00:43:44,960 --> 00:43:47,359 Speaker 1: countries are unable to feed themselves. They're having to try 866 00:43:47,400 --> 00:43:51,359 Speaker 1: to import more grain, more you know, basic staples of 867 00:43:51,400 --> 00:43:54,239 Speaker 1: their people's diet, unable to do it under stress from 868 00:43:54,280 --> 00:43:57,160 Speaker 1: all kinds of different directions, and so you're seeing a 869 00:43:57,200 --> 00:44:01,600 Speaker 1: truly historic amount of hunger and people who are struggling 870 00:44:01,640 --> 00:44:05,879 Speaker 1: with famine and food insecurity. You'll have nations that are 871 00:44:05,960 --> 00:44:08,160 Speaker 1: on edge and on crisis. I mean, the bread riots 872 00:44:08,160 --> 00:44:11,280 Speaker 1: have already started in all kinds of places around the globe. 873 00:44:11,400 --> 00:44:14,040 Speaker 1: As I was alluding to before. You also have nations 874 00:44:14,040 --> 00:44:17,880 Speaker 1: that are being pushed closer to the brink of default 875 00:44:18,200 --> 00:44:22,080 Speaker 1: on their sovereign debt. Sri Lanka already obviously that has happened. 876 00:44:22,080 --> 00:44:24,440 Speaker 1: Pakistan is another nation that has really been pushed to 877 00:44:24,440 --> 00:44:28,520 Speaker 1: the edge. So this war is causing a lot of 878 00:44:28,600 --> 00:44:31,520 Speaker 1: chaos around the globe. Now Listen, no one here is 879 00:44:31,560 --> 00:44:33,080 Speaker 1: saying that it would be easy to end, that the 880 00:44:33,160 --> 00:44:35,239 Speaker 1: US could snap their fingers and it could be all over. 881 00:44:35,280 --> 00:44:38,400 Speaker 1: That is not the case. But our posture, our strategy 882 00:44:38,480 --> 00:44:42,360 Speaker 1: has not been to even try to push for negotiations 883 00:44:42,360 --> 00:44:44,160 Speaker 1: in some sort of a settlement, which is going to 884 00:44:44,200 --> 00:44:47,040 Speaker 1: be very politically difficult for Zelensky, There's no doubt about it, 885 00:44:47,120 --> 00:44:49,200 Speaker 1: because it seems that the bulk of the Ukrainian people 886 00:44:49,480 --> 00:44:51,560 Speaker 1: believe they can win, believe that they don't have to 887 00:44:51,600 --> 00:44:54,760 Speaker 1: seed any kind of territory. We should be putting pressure 888 00:44:54,840 --> 00:44:56,920 Speaker 1: on our allies to try to bring this thing to 889 00:44:56,960 --> 00:44:59,680 Speaker 1: the clothes, rather than what we've been doing, which is 890 00:44:59,680 --> 00:45:03,440 Speaker 1: putting pressure on the Ukrainians to keep this thing going, 891 00:45:03,719 --> 00:45:06,680 Speaker 1: because this is a disaster for the entire globe, and 892 00:45:06,719 --> 00:45:09,520 Speaker 1: it is first and foremost a disaster for the Ukrainian people. 893 00:45:09,880 --> 00:45:12,680 Speaker 1: Having a war, an endless war on their soil, is 894 00:45:12,760 --> 00:45:16,080 Speaker 1: going to devastate this country for years and years to come. Yeah, 895 00:45:16,080 --> 00:45:18,440 Speaker 1: that's right. I mean, look, you know it's going to 896 00:45:18,440 --> 00:45:21,280 Speaker 1: take a long time. Even if we decided to pursue peace, 897 00:45:21,480 --> 00:45:24,520 Speaker 1: and we all watched what happened with Syria. Syria dragged 898 00:45:24,520 --> 00:45:26,439 Speaker 1: on for years and year, and the longer it went, 899 00:45:26,520 --> 00:45:29,120 Speaker 1: the more weapons that were flowing per capita into that place. 900 00:45:29,160 --> 00:45:31,200 Speaker 1: And go ask, you know, people who live in Syria 901 00:45:31,239 --> 00:45:34,520 Speaker 1: how that worked out for them. So the Syria becoming 902 00:45:34,560 --> 00:45:36,880 Speaker 1: a playground of the great powers is probly the worst 903 00:45:36,880 --> 00:45:40,120 Speaker 1: thing that happened to the actual Syrians themselves, And I'm 904 00:45:40,160 --> 00:45:41,719 Speaker 1: sure a lot of them would have preferred at least 905 00:45:41,719 --> 00:45:44,680 Speaker 1: something in twenty twelve or twenty thirteen as opposed to 906 00:45:44,719 --> 00:45:49,000 Speaker 1: the bloodshed that eventually came twenty fifteen onward. All right, 907 00:45:49,040 --> 00:45:52,040 Speaker 1: shall we check in with our friend John Bolton? Yes, 908 00:45:52,200 --> 00:45:55,600 Speaker 1: do it? Former National Security Advisor under Donald Trump. Also 909 00:45:55,640 --> 00:45:59,200 Speaker 1: former UN Ambassador under President George W. Bush. So he's 910 00:45:59,239 --> 00:46:02,759 Speaker 1: served in all sorts of Republican administrations. And he was 911 00:46:02,800 --> 00:46:05,720 Speaker 1: recently on CNN with Jake Tapper and they were talking 912 00:46:05,760 --> 00:46:09,160 Speaker 1: about whether Trump was really competent enough to plan and 913 00:46:09,239 --> 00:46:13,040 Speaker 1: execute a coup. John Bolton had some interesting insight on this. 914 00:46:13,160 --> 00:46:16,040 Speaker 1: Let's take a listen. With all due respect, one doesn't 915 00:46:16,080 --> 00:46:20,320 Speaker 1: have to be brilliant to attempt a coup. I disagree 916 00:46:20,320 --> 00:46:22,840 Speaker 1: with that as somebody who has helped plan coup d'eta 917 00:46:23,560 --> 00:46:26,480 Speaker 1: not here but you know other places. It takes a 918 00:46:26,520 --> 00:46:28,960 Speaker 1: lot of work, and that's not what he did. I'm sorry, 919 00:46:29,120 --> 00:46:32,359 Speaker 1: come again. I mean not that any of us are surprised, 920 00:46:32,560 --> 00:46:35,600 Speaker 1: but John Bolton has been involved in planning coups, but 921 00:46:35,760 --> 00:46:38,279 Speaker 1: usually they try to keep that quiet. Here he is 922 00:46:38,320 --> 00:46:41,880 Speaker 1: just brazenly saying the quiet part out loud, just openly 923 00:46:41,920 --> 00:46:45,040 Speaker 1: admitting to it casually like this is a perfectly fine 924 00:46:45,080 --> 00:46:46,920 Speaker 1: and acceptable thing to cop tail. Oh yeah, it was 925 00:46:46,920 --> 00:46:50,640 Speaker 1: completely nuts, and it's the reaction will get is really 926 00:46:50,640 --> 00:46:53,399 Speaker 1: funny from the neo cons who still support Bolton. Yes, 927 00:46:53,440 --> 00:46:55,759 Speaker 1: but it was one of those just absolute quiet part 928 00:46:55,800 --> 00:46:58,080 Speaker 1: out louds. Maybe he was trying to be funny, but 929 00:46:58,239 --> 00:47:00,560 Speaker 1: I don't think so. I think that there is some truth. 930 00:47:00,680 --> 00:47:02,880 Speaker 1: He's got a long career assistant Secretary of State, and 931 00:47:02,880 --> 00:47:05,680 Speaker 1: obviously he hasn't made his views private on this, and 932 00:47:05,800 --> 00:47:08,319 Speaker 1: Jake Tapper actually continued to press him on this. Let's 933 00:47:08,360 --> 00:47:10,640 Speaker 1: listen to that. When we were talking about what is 934 00:47:10,680 --> 00:47:12,160 Speaker 1: capable of what you need to do to be able 935 00:47:12,200 --> 00:47:15,239 Speaker 1: to plan a coup, and you say that your expertise 936 00:47:15,280 --> 00:47:18,080 Speaker 1: having planned coups. I'm not going to get into the specifics, 937 00:47:18,120 --> 00:47:22,680 Speaker 1: but successful coups. Well, I wrote about Venezuela in the book, 938 00:47:22,840 --> 00:47:25,799 Speaker 1: and it turned out not to be successful. Not that 939 00:47:25,880 --> 00:47:27,560 Speaker 1: we had all that much to do with it, but 940 00:47:27,600 --> 00:47:30,239 Speaker 1: I saw what it took for an opposition to try 941 00:47:30,239 --> 00:47:34,160 Speaker 1: and overturn an illegally elected president and they failed. The 942 00:47:34,200 --> 00:47:37,040 Speaker 1: notion that Donald Trump was half as competent as the 943 00:47:37,120 --> 00:47:40,919 Speaker 1: Venezuelan opposition is laughable. But I think there's I feel 944 00:47:40,920 --> 00:47:42,840 Speaker 1: like this other stuff you're not telling me, though I 945 00:47:42,880 --> 00:47:45,760 Speaker 1: think I'm sure there is. Well, so that's actually interesting 946 00:47:45,800 --> 00:47:47,840 Speaker 1: having lived through some of that. When I was covering 947 00:47:47,840 --> 00:47:50,200 Speaker 1: the White House, they refused to say it. It was 948 00:47:50,200 --> 00:47:54,960 Speaker 1: a coup if you remember that, and now there was 949 00:47:54,960 --> 00:47:56,640 Speaker 1: a lot there were people were like, well, hold on 950 00:47:56,680 --> 00:47:59,080 Speaker 1: a second here, you know, you're recognizing some guy who 951 00:47:59,200 --> 00:48:02,120 Speaker 1: is like the part momentary leader as a leader of Venezuela, Like, 952 00:48:02,160 --> 00:48:05,000 Speaker 1: what right do you have to do that? Whenever, clearly 953 00:48:05,040 --> 00:48:07,680 Speaker 1: he doesn't have any position where he has any hope 954 00:48:07,680 --> 00:48:10,239 Speaker 1: of actually becoming the product became a whole thing. I mean, 955 00:48:10,239 --> 00:48:13,239 Speaker 1: that guy visited Washington, he was given like diplomatic recognition. 956 00:48:14,200 --> 00:48:16,040 Speaker 1: It was totally pet parts. I remember there was standing 957 00:48:16,080 --> 00:48:18,600 Speaker 1: ovation for him and all the dureau government by the way, 958 00:48:18,640 --> 00:48:21,120 Speaker 1: didn't go anywhere, and now we need their oil. I 959 00:48:21,160 --> 00:48:23,560 Speaker 1: don't know if people have checked that out. So it 960 00:48:23,600 --> 00:48:26,840 Speaker 1: was anyway, I remember covering at the time and people 961 00:48:26,840 --> 00:48:29,000 Speaker 1: were asking like, hey, is this a us KU Dayton? 962 00:48:29,280 --> 00:48:32,040 Speaker 1: Absolutely not. You know, we're representing the diplomatic or the 963 00:48:32,160 --> 00:48:34,880 Speaker 1: democratic will of the Venezuelan But I'm not going to 964 00:48:34,960 --> 00:48:39,160 Speaker 1: claim Duro is democratically elected or wan God Okay, like 965 00:48:39,320 --> 00:48:42,000 Speaker 1: the whole country is a complete mess. The whole point 966 00:48:42,040 --> 00:48:43,920 Speaker 1: is that when you start trying to meddle in other 967 00:48:43,960 --> 00:48:48,080 Speaker 1: countries like this specifically, it's really weird. Yeah, and that 968 00:48:48,239 --> 00:48:50,640 Speaker 1: is to have him just say it out loud in 969 00:48:50,680 --> 00:48:55,279 Speaker 1: that way and also just fully acknowledge is just it's crazy, right, 970 00:48:55,360 --> 00:48:59,560 Speaker 1: because the mythology I think in America now is like, well, 971 00:48:59,560 --> 00:49:01,960 Speaker 1: we during the cold, of course, you know, out of 972 00:49:02,040 --> 00:49:04,960 Speaker 1: our we didn't really want to. We're kind of for starting. 973 00:49:05,000 --> 00:49:07,200 Speaker 1: We had to do these coups. Wasn't great to serve 974 00:49:07,239 --> 00:49:11,520 Speaker 1: American interests, read capitalist interests, but you know that passes 975 00:49:11,560 --> 00:49:14,359 Speaker 1: all behind us. And here's John Bolton out right being like, yeah, 976 00:49:14,480 --> 00:49:16,560 Speaker 1: cous Venezuela, I remember, just a couple of years ago 977 00:49:16,600 --> 00:49:19,200 Speaker 1: we were involved in that, which again, at the time, 978 00:49:19,560 --> 00:49:22,879 Speaker 1: there's no way they would have admitted to the fact 979 00:49:22,960 --> 00:49:26,080 Speaker 1: that they were basically trying I mean not basically, they 980 00:49:26,120 --> 00:49:28,760 Speaker 1: were literally trying to foment a coup in the country. 981 00:49:29,120 --> 00:49:32,799 Speaker 1: Now in the modern era, and here's John Bolton just 982 00:49:32,880 --> 00:49:37,919 Speaker 1: admitting it on television. The response was equally revealing. Though, 983 00:49:38,120 --> 00:49:39,680 Speaker 1: Let's go ahead and put up first of all, this 984 00:49:39,800 --> 00:49:43,160 Speaker 1: is from put up D three here. This is from 985 00:49:43,239 --> 00:49:46,200 Speaker 1: someone who's Bronco Marcetic, who I think is a good 986 00:49:46,320 --> 00:49:48,920 Speaker 1: and smart observery. Since I hope my American followers can 987 00:49:49,040 --> 00:49:52,239 Speaker 1: understand how extreme and abnormal this is, I don't know 988 00:49:52,440 --> 00:49:55,319 Speaker 1: any other country where former official can just openly say 989 00:49:55,360 --> 00:49:58,480 Speaker 1: this and then the journalists interviewing him simply nods along 990 00:49:58,560 --> 00:50:02,280 Speaker 1: as if it's completely unm I mean, at least Tapper 991 00:50:03,760 --> 00:50:06,239 Speaker 1: as a brain and is capable of like listening and 992 00:50:06,280 --> 00:50:09,040 Speaker 1: then following up. But he kind of chuckled like this 993 00:50:09,160 --> 00:50:11,200 Speaker 1: was some sort of a joke, like a ha ha, 994 00:50:11,440 --> 00:50:14,479 Speaker 1: of course we do, cous Yeah, there's no other nation 995 00:50:14,560 --> 00:50:17,840 Speaker 1: on earth that would just outright admit to this casually, 996 00:50:18,040 --> 00:50:20,000 Speaker 1: like this is no big deal, and then everyone just 997 00:50:20,040 --> 00:50:21,919 Speaker 1: goes on as usual. And I'm sure John Bolton would 998 00:50:21,920 --> 00:50:23,799 Speaker 1: be back in a cable news green room next week. 999 00:50:24,640 --> 00:50:27,480 Speaker 1: Super weird. Yeah, and I also love, yeah the January 1000 00:50:27,480 --> 00:50:29,279 Speaker 1: sixth thing, Oh that you know, you gotta put you 1001 00:50:29,320 --> 00:50:32,319 Speaker 1: gotta have hearings and all this on this They're like, oh, yeah, 1002 00:50:32,320 --> 00:50:33,839 Speaker 1: you know he was talking about cool. It's like, well, 1003 00:50:33,840 --> 00:50:36,040 Speaker 1: hold on a second, because that was not by Parson 1004 00:50:36,120 --> 00:50:38,640 Speaker 1: you or I was, but in practice, but Congress never 1005 00:50:38,719 --> 00:50:40,279 Speaker 1: voted on that. You know, people are supposed to have 1006 00:50:40,320 --> 00:50:43,800 Speaker 1: some sort of democratic input. Nobody wants to have hearing apparently. 1007 00:50:44,000 --> 00:50:46,239 Speaker 1: Just amazing to me, which coup planners are you know, 1008 00:50:46,320 --> 00:50:48,839 Speaker 1: pushed out and which are allowed. I have a little 1009 00:50:48,840 --> 00:50:50,960 Speaker 1: bit to say on that in my monologue as well, 1010 00:50:50,960 --> 00:50:54,040 Speaker 1: But yeah, I mean that is the great irony of 1011 00:50:54,080 --> 00:50:56,799 Speaker 1: this whole set piece is Bolton has been brought on 1012 00:50:57,480 --> 00:51:01,640 Speaker 1: to you know, disparag for good reason Trump and his 1013 00:51:01,840 --> 00:51:05,960 Speaker 1: insanity with regards to January sixth, and yet he is 1014 00:51:06,040 --> 00:51:10,879 Speaker 1: admitting to committing the very same crime just overseas. Since 1015 00:51:10,920 --> 00:51:13,439 Speaker 1: it was overseas, I guess we're able to chuckle about 1016 00:51:13,440 --> 00:51:15,560 Speaker 1: it and it's no big deal and he'll be perfectly 1017 00:51:15,640 --> 00:51:18,759 Speaker 1: fine in the cocktail circuit here in Washington, although some 1018 00:51:18,840 --> 00:51:21,440 Speaker 1: of his friends are a little bit peeved at him. 1019 00:51:21,560 --> 00:51:24,040 Speaker 1: First we have Ken Klippenstein just saying, Hey, wouldn't it 1020 00:51:24,080 --> 00:51:26,560 Speaker 1: be nice if Congress looked into that whole jo John 1021 00:51:26,600 --> 00:51:29,480 Speaker 1: Bolton orchestrating Kuh's thing. Yeah, that would be useful, wouldn't it. 1022 00:51:29,920 --> 00:51:32,000 Speaker 1: Maybe once we get past the January sixth hearings, maybe 1023 00:51:32,000 --> 00:51:35,120 Speaker 1: we might look at other coups that our government officials 1024 00:51:35,160 --> 00:51:38,600 Speaker 1: have been attempting to perpetrate. But then you have with 1025 00:51:38,680 --> 00:51:42,760 Speaker 1: this next one up on the screen. Lindsey Graham noted 1026 00:51:42,800 --> 00:51:46,440 Speaker 1: Neo khn his reaction quite telling. He says he was 1027 00:51:46,480 --> 00:51:49,920 Speaker 1: surprised by John Bolton admitting to cous quote it was odd. 1028 00:51:50,200 --> 00:51:53,480 Speaker 1: It was like, be more specific, I've always liked John, 1029 00:51:53,800 --> 00:51:56,920 Speaker 1: I agree with him on foreign policy, but was just 1030 00:51:57,000 --> 00:52:00,239 Speaker 1: kind of an offhand comment that rattled the system. So 1031 00:52:00,360 --> 00:52:03,360 Speaker 1: note here, it's not the coups that are the problem. 1032 00:52:03,360 --> 00:52:05,560 Speaker 1: He outright says, I agree with him on foreign policy. 1033 00:52:05,719 --> 00:52:07,839 Speaker 1: I think you know, that's great work that he's doing. 1034 00:52:08,320 --> 00:52:10,719 Speaker 1: Just why did you have to say anything about you're 1035 00:52:10,760 --> 00:52:15,320 Speaker 1: rattling the system by being actually honest about the horrific 1036 00:52:15,360 --> 00:52:17,880 Speaker 1: deeds that you're committing overseas. That's the problem here. And 1037 00:52:17,920 --> 00:52:20,400 Speaker 1: we also had John Cipher, who's like a former CIA 1038 00:52:20,520 --> 00:52:22,560 Speaker 1: oph go and put this on the screen. He said, 1039 00:52:22,560 --> 00:52:24,399 Speaker 1: he's full of shit. He never planned a coup. Throw 1040 00:52:24,440 --> 00:52:27,240 Speaker 1: the next one up there. What else did he say? 1041 00:52:27,440 --> 00:52:30,439 Speaker 1: He says, I see a lot of misinformed people using 1042 00:52:30,440 --> 00:52:32,840 Speaker 1: this to push an agenda. My point is that Bolton's 1043 00:52:32,840 --> 00:52:35,000 Speaker 1: common is dangerous because it says of false people, the 1044 00:52:35,040 --> 00:52:36,920 Speaker 1: American people's senior official sit in the White House, of 1045 00:52:36,960 --> 00:52:39,960 Speaker 1: choreographed coups. That's nonsense. Well, you know, given the fact 1046 00:52:39,960 --> 00:52:41,799 Speaker 1: that he was a national security advisory, we should at 1047 00:52:41,880 --> 00:52:44,080 Speaker 1: least take it seriously. And then the all time you 1048 00:52:44,120 --> 00:52:47,920 Speaker 1: admit literally is talking specifically about Venezuela, and I'm sure 1049 00:52:47,960 --> 00:52:50,799 Speaker 1: are others as well, but this happened in recent years, 1050 00:52:50,880 --> 00:52:55,480 Speaker 1: so to pretend like this didn't happen is actually the nonsense, right. 1051 00:52:55,520 --> 00:52:58,000 Speaker 1: And then the final one, which was hilarious, David from 1052 00:52:58,239 --> 00:53:00,799 Speaker 1: the bright red Light indicates the camera microphone are on. 1053 00:53:01,000 --> 00:53:03,560 Speaker 1: Former national security advisors should measure their words and avoid 1054 00:53:03,600 --> 00:53:06,359 Speaker 1: cynical jokes that give aid and comfort to those who 1055 00:53:06,440 --> 00:53:09,840 Speaker 1: do not wish this country. Well what Larkenstein says, how 1056 00:53:09,880 --> 00:53:11,920 Speaker 1: do you know it was a jake joke? David, Yeah, 1057 00:53:11,960 --> 00:53:13,799 Speaker 1: that's a great question. So anyway, I think that we 1058 00:53:13,840 --> 00:53:16,400 Speaker 1: should all be asking a little bit more questions about 1059 00:53:16,600 --> 00:53:20,640 Speaker 1: John Bolton, Yeah, and stop allowing him on television to 1060 00:53:20,760 --> 00:53:23,319 Speaker 1: just be all he's good for is bashing Trump. But 1061 00:53:23,360 --> 00:53:24,640 Speaker 1: it's like, you know, there's a lot of other stuff 1062 00:53:24,640 --> 00:53:27,279 Speaker 1: you can ask too, as he just hahazardly admitted, which 1063 00:53:27,320 --> 00:53:28,839 Speaker 1: is kind of hilarious. Right. Yeah, I mean I would 1064 00:53:28,880 --> 00:53:30,719 Speaker 1: love to see him pushed a little more, you know, 1065 00:53:30,840 --> 00:53:33,399 Speaker 1: in detail on these things. That would be worthwhile having 1066 00:53:33,440 --> 00:53:36,560 Speaker 1: John boldenont for that conversation, But that doesn't seem to 1067 00:53:36,600 --> 00:53:38,919 Speaker 1: be the direction they typically want to go. And yeah, 1068 00:53:38,920 --> 00:53:42,920 Speaker 1: I just love how the neo con reaction wasn't you know, 1069 00:53:43,120 --> 00:53:47,239 Speaker 1: horror at the things that our country does overseas, But 1070 00:53:47,719 --> 00:53:50,040 Speaker 1: that he would say it, that he would say it 1071 00:53:50,040 --> 00:53:52,680 Speaker 1: out loud, that he would brazenly admit to it publicly, 1072 00:53:53,160 --> 00:53:55,200 Speaker 1: was that was the real issue. And so they have 1073 00:53:55,280 --> 00:53:57,799 Speaker 1: to pretend like, ah, of course he's just kidding that 1074 00:53:57,880 --> 00:54:01,080 Speaker 1: old John, what a jokesterarly in the context, I mean, 1075 00:54:01,080 --> 00:54:04,160 Speaker 1: he's not making a joke there, and then again goes 1076 00:54:04,200 --> 00:54:06,759 Speaker 1: on to give some specifics about what he means. So 1077 00:54:06,800 --> 00:54:09,520 Speaker 1: in what way is this a joke? Exactly January sixth 1078 00:54:09,560 --> 00:54:12,600 Speaker 1: committee hearings are happening. One of the undercovered elements of 1079 00:54:12,640 --> 00:54:15,120 Speaker 1: all of this is what exactly was the role of 1080 00:54:15,160 --> 00:54:18,839 Speaker 1: police informants, FBI and others in the actual riot at 1081 00:54:18,840 --> 00:54:20,919 Speaker 1: the Capitol. Now, we are no way saying that they're 1082 00:54:20,960 --> 00:54:23,800 Speaker 1: the ones who are fully responsible for it. Obviously Trump 1083 00:54:23,840 --> 00:54:26,239 Speaker 1: is the one who started to stop the deal and that, 1084 00:54:26,520 --> 00:54:28,799 Speaker 1: but we do know that there were informants that were there, 1085 00:54:28,800 --> 00:54:31,040 Speaker 1: and there's been a long standing question as to what 1086 00:54:31,080 --> 00:54:33,200 Speaker 1: the level of involvement was, how much did they know, 1087 00:54:33,440 --> 00:54:35,320 Speaker 1: if they did know, and they had so many informants. 1088 00:54:35,360 --> 00:54:37,120 Speaker 1: Why did it happen in the first place. These are 1089 00:54:37,120 --> 00:54:39,640 Speaker 1: all fantastic questions. You don't have to be a conspiracy 1090 00:54:39,680 --> 00:54:42,480 Speaker 1: theorist in order to ask these. One of the individuals 1091 00:54:42,520 --> 00:54:45,080 Speaker 1: has come under scrutiny is a guy named Ray Epps, 1092 00:54:45,080 --> 00:54:47,920 Speaker 1: and he was a protester who was there. The reason 1093 00:54:48,000 --> 00:54:50,279 Speaker 1: why is because there's video that has been come out 1094 00:54:50,360 --> 00:54:53,879 Speaker 1: and edited together which shows him repeatedly on the night 1095 00:54:53,920 --> 00:54:56,720 Speaker 1: of January fifth, and then on the morning of January sixth, 1096 00:54:56,880 --> 00:54:58,839 Speaker 1: saying we need to go into the capitol. We need 1097 00:54:58,880 --> 00:55:01,520 Speaker 1: to go into the capitol, and fellow protesters were so 1098 00:55:01,560 --> 00:55:04,400 Speaker 1: suspicious of him that they are actually chanting the word 1099 00:55:04,520 --> 00:55:06,520 Speaker 1: fed at him. So let's take a listen to this 1100 00:55:06,560 --> 00:55:08,040 Speaker 1: video just so you guys get an idea of who 1101 00:55:08,120 --> 00:55:12,400 Speaker 1: this person is. Tomorrow, we need to go into the capitol, 1102 00:55:12,840 --> 00:55:26,239 Speaker 1: the capitol. That that tomorrow. I don't even like to 1103 00:55:26,280 --> 00:55:29,600 Speaker 1: say it because I'll be arrested. We need we need 1104 00:55:29,600 --> 00:55:31,799 Speaker 1: to go I'll say it all right, we need to 1105 00:55:31,840 --> 00:55:34,480 Speaker 1: go in. Shut the fuck up, Boomer to the capitol. 1106 00:55:35,000 --> 00:55:39,240 Speaker 1: He's fed puss. We need to go into the capitol. 1107 00:55:39,600 --> 00:55:45,120 Speaker 1: I didn't see that coming in. Okay, we are going 1108 00:55:45,200 --> 00:55:54,920 Speaker 1: to the Capitol where it's that word. All right, no, Dave, 1109 00:55:54,960 --> 00:55:58,319 Speaker 1: but one more we go up there. When we go in, 1110 00:55:58,440 --> 00:56:03,960 Speaker 1: we don't need to get shown all. Now, it's been 1111 00:56:03,960 --> 00:56:06,280 Speaker 1: a while since January sixth, and mister app has actually 1112 00:56:06,280 --> 00:56:08,839 Speaker 1: basically been missing for a long time. Well, the New 1113 00:56:08,920 --> 00:56:11,600 Speaker 1: York Times somehow found him at a quote unquote secret 1114 00:56:11,640 --> 00:56:13,719 Speaker 1: location and interviewed him. So let's put this up there 1115 00:56:13,760 --> 00:56:17,200 Speaker 1: on the screen. Now. This is very interesting because they 1116 00:56:17,480 --> 00:56:20,560 Speaker 1: portray a sympathetic figure of Ray Epps. He had to 1117 00:56:20,600 --> 00:56:22,680 Speaker 1: sell his business. I'm sure that you know people have 1118 00:56:22,719 --> 00:56:24,760 Speaker 1: been trying to and you know, I don't condone any 1119 00:56:24,960 --> 00:56:28,479 Speaker 1: harassment of this guy any of this stuff. But what's 1120 00:56:28,520 --> 00:56:31,200 Speaker 1: fascinating to me or a couple of things. Crystal number one. 1121 00:56:31,640 --> 00:56:38,160 Speaker 1: Epps acknowledges actually that he contacted the FBI quote minutes 1122 00:56:38,719 --> 00:56:42,200 Speaker 1: after discovering that agents wanted to talk to him. At 1123 00:56:42,239 --> 00:56:46,480 Speaker 1: no point in this entire article and interview did the 1124 00:56:46,560 --> 00:56:50,080 Speaker 1: FBI ever ask him, hey, so, did you ever have 1125 00:56:50,239 --> 00:56:54,600 Speaker 1: any affiliation in any way with the FBI whatsoever. They 1126 00:56:54,680 --> 00:56:58,680 Speaker 1: also acknowledge in the article that ray Epps has not 1127 00:56:58,760 --> 00:57:02,920 Speaker 1: been charged by the FBI despite admitting to breaching the 1128 00:57:03,000 --> 00:57:05,239 Speaker 1: barriers of the Capitol. Now he says, and there is 1129 00:57:05,239 --> 00:57:07,920 Speaker 1: no video evidence to claim that he ever entered the building. 1130 00:57:08,040 --> 00:57:12,480 Speaker 1: He claims now though a very different tone. Now, ray 1131 00:57:12,520 --> 00:57:15,759 Speaker 1: Epps says he may sue dominion or he may like 1132 00:57:16,080 --> 00:57:20,520 Speaker 1: join lawsuits against stop the steal people. He now says 1133 00:57:20,600 --> 00:57:25,480 Speaker 1: disinformation is like a scourge. He's reciting quite a few 1134 00:57:25,640 --> 00:57:29,800 Speaker 1: kind of liberal talking points that would be very amenable 1135 00:57:29,800 --> 00:57:33,800 Speaker 1: to CNN and elsewhere, and seems to have completely abandoned 1136 00:57:34,040 --> 00:57:37,320 Speaker 1: his entire like MAGA outlook to the point where he 1137 00:57:37,360 --> 00:57:40,400 Speaker 1: was encouraging people to breach it. Maybe it's genuine, I 1138 00:57:40,440 --> 00:57:42,640 Speaker 1: don't know, but it's very odd. There were two things 1139 00:57:42,680 --> 00:57:45,680 Speaker 1: that stood out to me about the article. Is, first 1140 00:57:45,680 --> 00:57:49,400 Speaker 1: of all, have there been any other sympathetic portrayals of 1141 00:57:49,440 --> 00:57:53,200 Speaker 1: anyone who was at the Capitol. That's a fantastic Yeah, yeah, 1142 00:57:53,240 --> 00:57:55,640 Speaker 1: that's excellent. Maybe, but I haven't seen him, And this 1143 00:57:55,760 --> 00:57:59,000 Speaker 1: was a very sympathetic portrayal. And I am always in 1144 00:57:59,040 --> 00:58:02,800 Speaker 1: favor of you know, people are complex, They make mistakes, 1145 00:58:02,880 --> 00:58:04,880 Speaker 1: they feel one way one day another day, they get 1146 00:58:04,960 --> 00:58:07,240 Speaker 1: hyped up, they say stupid shit, they do stupid shit, 1147 00:58:07,600 --> 00:58:12,040 Speaker 1: Like I am in favor of foregrounding the complexity of 1148 00:58:12,200 --> 00:58:14,640 Speaker 1: human beings, so I don't have an issue with that, 1149 00:58:14,760 --> 00:58:17,000 Speaker 1: but I do think it's interesting that this is the 1150 00:58:17,000 --> 00:58:20,080 Speaker 1: one character that they decide to take that approach to 1151 00:58:20,360 --> 00:58:24,240 Speaker 1: and have this very sympathetic portrayal and really kind of 1152 00:58:24,280 --> 00:58:28,320 Speaker 1: whitewash the extent of his involvement, because, as you just 1153 00:58:28,360 --> 00:58:30,840 Speaker 1: show in that video, the way they portray in this article, 1154 00:58:30,840 --> 00:58:32,800 Speaker 1: if you just read this, he may have said to 1155 00:58:32,840 --> 00:58:34,880 Speaker 1: one person the night before, like, oh, we should go 1156 00:58:34,960 --> 00:58:37,680 Speaker 1: into the Capitol, but that's it, not over and over 1157 00:58:37,760 --> 00:58:39,800 Speaker 1: and over and over and over again, to the point 1158 00:58:39,800 --> 00:58:42,000 Speaker 1: that the people around him are like, this seems like 1159 00:58:42,000 --> 00:58:45,360 Speaker 1: a setup. Are you a fed? He also talks about 1160 00:58:45,400 --> 00:58:48,360 Speaker 1: how he has regrets. This is the quote from the piece. 1161 00:58:48,400 --> 00:58:51,120 Speaker 1: Epps also said he regretted sending a text to his 1162 00:58:51,280 --> 00:58:55,560 Speaker 1: nephew well after the violence had already erupted, in which 1163 00:58:55,560 --> 00:58:59,000 Speaker 1: he discussed how he helped to orchestrate the movements of 1164 00:58:59,120 --> 00:59:02,160 Speaker 1: people who were leaving mister trump'spech near the White House 1165 00:59:02,200 --> 00:59:05,720 Speaker 1: by pointing them in the direction of the Capitol. So again, 1166 00:59:06,280 --> 00:59:10,040 Speaker 1: that's very different than the rest of the portrayal of 1167 00:59:10,120 --> 00:59:12,040 Speaker 1: him in this piece. Which is very like, oh, we 1168 00:59:12,160 --> 00:59:14,000 Speaker 1: just happened to be there, and actually they say, oh, 1169 00:59:14,000 --> 00:59:17,600 Speaker 1: he was trying to prevent protesters from engaging with law enforcement, 1170 00:59:17,680 --> 00:59:19,840 Speaker 1: and they paint him out as like, you know, a 1171 00:59:19,920 --> 00:59:23,640 Speaker 1: sort of like attempted hero of the situation. Is the 1172 00:59:23,640 --> 00:59:26,080 Speaker 1: portrayal that you know that they go with here. So 1173 00:59:26,360 --> 00:59:29,520 Speaker 1: I thought that was I thought that was very I 1174 00:59:29,520 --> 00:59:32,200 Speaker 1: thought it was noteworthy. I guess just that this is 1175 00:59:32,200 --> 00:59:35,000 Speaker 1: the individual that they decide to give the really favorable 1176 00:59:35,080 --> 00:59:37,360 Speaker 1: portrayal to. It also pissed me off that they say 1177 00:59:37,400 --> 00:59:40,240 Speaker 1: the baseless idea that the FBI was behind the attack 1178 00:59:40,280 --> 00:59:42,920 Speaker 1: on the Capitol. Now, look, maybe Tucker has said that, 1179 00:59:43,280 --> 00:59:45,680 Speaker 1: never heard that here. You've never heard that from a 1180 00:59:45,720 --> 00:59:48,600 Speaker 1: lot of people, Glenn Greenwall and others who are asking 1181 00:59:48,800 --> 00:59:50,720 Speaker 1: what the hell happened on the day. It's not a 1182 00:59:50,760 --> 00:59:53,480 Speaker 1: basis idea to say the fact that there were police 1183 00:59:53,480 --> 00:59:55,920 Speaker 1: informants who were there on January sixth, We really know 1184 00:59:55,960 --> 00:59:59,200 Speaker 1: that from court filance, we know it from New York Times. 1185 00:59:59,280 --> 01:00:04,320 Speaker 1: Was the they're reporting a conspiracymongers now are saying this 1186 01:00:04,360 --> 01:00:07,760 Speaker 1: is a false flag. There they are the outlet that 1187 01:00:07,920 --> 01:00:11,080 Speaker 1: first acknowledged that there were people in contact with the 1188 01:00:11,200 --> 01:00:14,800 Speaker 1: FBI who were there inside the capitol. So again I 1189 01:00:14,880 --> 01:00:17,800 Speaker 1: have no idea who this man is, what he thought 1190 01:00:17,800 --> 01:00:19,560 Speaker 1: he was doing in that day, what he really was 1191 01:00:19,600 --> 01:00:21,920 Speaker 1: doing on the day, or any of that. But I 1192 01:00:21,960 --> 01:00:25,960 Speaker 1: think the total lack of curiosity about that piece and 1193 01:00:26,080 --> 01:00:29,080 Speaker 1: the attempt to straw ma in and dismiss anyone who 1194 01:00:29,120 --> 01:00:31,439 Speaker 1: would say, hey, you know, it would have been great 1195 01:00:31,480 --> 01:00:33,840 Speaker 1: if this was all disrupted and prevented, which is what 1196 01:00:33,880 --> 01:00:36,880 Speaker 1: the FBI is supposed to be involved with. So if 1197 01:00:36,880 --> 01:00:39,640 Speaker 1: there was connectivity with some of these participants on the ground, 1198 01:00:39,640 --> 01:00:41,760 Speaker 1: which it would be strange, It would be unusual if 1199 01:00:41,760 --> 01:00:44,320 Speaker 1: there wasn't, because we know they've infiltrated groups like the 1200 01:00:44,360 --> 01:00:47,800 Speaker 1: oath Keepers. Then why weren't you able to see this coming? 1201 01:00:47,880 --> 01:00:50,000 Speaker 1: Why weren't you able to disrupt it? I think those 1202 01:00:50,000 --> 01:00:53,480 Speaker 1: are extremely legitimate questions that you're basically not allowed to 1203 01:00:53,520 --> 01:00:55,240 Speaker 1: ask her your conspiracy. And here let me ask you this. 1204 01:00:55,320 --> 01:00:56,680 Speaker 1: Why is a Qan? By the way, I have no 1205 01:00:56,760 --> 01:00:59,160 Speaker 1: simple If the QAnon shame it looks like total loser. 1206 01:00:59,240 --> 01:01:02,360 Speaker 1: But why is n Shaman have got forty one months 1207 01:01:02,400 --> 01:01:04,920 Speaker 1: in prison and prosecuted by the FBI, and then the 1208 01:01:04,960 --> 01:01:07,280 Speaker 1: guy who on the night of January fifth, and all 1209 01:01:07,320 --> 01:01:11,200 Speaker 1: throughout January sixth, is repeatedly asking people and admittedly sending 1210 01:01:11,200 --> 01:01:14,080 Speaker 1: text messages about orchestrating people. Why has he never been 1211 01:01:14,160 --> 01:01:17,240 Speaker 1: charged by the FBI? They even acknowledge in the piece 1212 01:01:17,440 --> 01:01:21,400 Speaker 1: the FBI has never stated why they decided not to 1213 01:01:21,480 --> 01:01:24,560 Speaker 1: prosecute him. There is clearly you could go after someone. 1214 01:01:25,000 --> 01:01:26,880 Speaker 1: Look at the number of people that have been prosecuted 1215 01:01:27,000 --> 01:01:29,240 Speaker 1: on this, and again I have no sympathy for many 1216 01:01:29,280 --> 01:01:31,480 Speaker 1: of these people. They broke the law. Fine, you should 1217 01:01:31,480 --> 01:01:34,600 Speaker 1: be prosecuted to the full extent of it. But when 1218 01:01:34,640 --> 01:01:37,360 Speaker 1: you point that, then it should be equal application. And 1219 01:01:37,400 --> 01:01:40,240 Speaker 1: that's the issue. Sure, I'm glad you know the Proud Boys, 1220 01:01:40,280 --> 01:01:42,959 Speaker 1: oath Keepers all of that, although I do think they're 1221 01:01:42,960 --> 01:01:44,600 Speaker 1: going to have a very very hard time proving this 1222 01:01:44,800 --> 01:01:47,480 Speaker 1: edition case against the Oathkeepers in the way that just 1223 01:01:47,480 --> 01:01:49,400 Speaker 1: based on US case law and all that, and they 1224 01:01:49,480 --> 01:01:52,880 Speaker 1: probably have been better off just focusing on pure just riot, 1225 01:01:53,600 --> 01:01:56,720 Speaker 1: conspiracy to riot or whatever on EPs. I mean, he's 1226 01:01:56,800 --> 01:02:00,480 Speaker 1: never once set foot in the jail time and he 1227 01:02:00,520 --> 01:02:03,840 Speaker 1: also says that he contacted the FBI quote minutes within 1228 01:02:03,920 --> 01:02:06,120 Speaker 1: this is happening, and none of us are even claiming 1229 01:02:06,120 --> 01:02:08,080 Speaker 1: that this guy even works for the FBI. Maybe he 1230 01:02:08,120 --> 01:02:10,800 Speaker 1: was an informant, maybe you know, who knows what the 1231 01:02:11,040 --> 01:02:13,240 Speaker 1: level of involvement exactly was. This was one of the 1232 01:02:13,240 --> 01:02:15,760 Speaker 1: pieces that was always a little eyebrow raising, is he 1233 01:02:15,800 --> 01:02:18,720 Speaker 1: had appeared on an FBI list of people who were 1234 01:02:18,720 --> 01:02:21,240 Speaker 1: looking for in connection with January sixth, and he was 1235 01:02:21,320 --> 01:02:22,720 Speaker 1: up there one day and then the next day he's 1236 01:02:22,760 --> 01:02:25,320 Speaker 1: taken off. His explanation for it in this piece is, oh, 1237 01:02:25,400 --> 01:02:27,600 Speaker 1: it's because the minute that I heard this, I contacted 1238 01:02:27,600 --> 01:02:30,520 Speaker 1: the FBI hard to say why that would lead them 1239 01:02:30,520 --> 01:02:32,919 Speaker 1: to being like, you know, like immediately, so why would 1240 01:02:32,920 --> 01:02:35,680 Speaker 1: they just prosecute right or did you enter a plea agreement? No, 1241 01:02:35,760 --> 01:02:37,960 Speaker 1: because we would know that. So the explanation that's given 1242 01:02:38,040 --> 01:02:41,200 Speaker 1: here is that because he didn't breach the capitol. According 1243 01:02:41,240 --> 01:02:43,680 Speaker 1: to him, and again there is in video evidence, but 1244 01:02:43,760 --> 01:02:46,200 Speaker 1: according to him, he didn't actually breach the capital. There 1245 01:02:46,200 --> 01:02:48,760 Speaker 1: were a lot of people who technically trespassed and breached 1246 01:02:48,760 --> 01:02:51,040 Speaker 1: the barricades who weren't charged. That's what That's what they 1247 01:02:51,160 --> 01:02:56,120 Speaker 1: ultimately say. So that's what we know. And this is 1248 01:02:56,400 --> 01:02:58,600 Speaker 1: a little code to the ray Up story. A lot 1249 01:02:58,600 --> 01:03:00,360 Speaker 1: of questions here, I saw a hell of a lot 1250 01:03:00,360 --> 01:03:02,360 Speaker 1: of questions. I think the Times did a terrible job. 1251 01:03:02,400 --> 01:03:03,880 Speaker 1: I think they should have just asked them straight up, 1252 01:03:03,880 --> 01:03:05,400 Speaker 1: were you ever fat? Did you ever work with Fats? 1253 01:03:05,400 --> 01:03:07,280 Speaker 1: You have your worked in any capacity? There's no yes 1254 01:03:07,360 --> 01:03:09,600 Speaker 1: or no answers in any of this. Look if the 1255 01:03:09,600 --> 01:03:12,360 Speaker 1: answer is no, great, get confirmation from the evat we 1256 01:03:12,360 --> 01:03:13,600 Speaker 1: can all move on. I mean, I think was a 1257 01:03:13,680 --> 01:03:19,200 Speaker 1: legitimate question from the get go. So Chrissel, what are 1258 01:03:19,160 --> 01:03:21,360 Speaker 1: you taking a look at? Well? Guys, as we discussed 1259 01:03:21,680 --> 01:03:25,240 Speaker 1: resistance here at John Bolden stunned everyone by just coming 1260 01:03:25,320 --> 01:03:27,880 Speaker 1: right out saying the whole quiet bart out loud, admitting 1261 01:03:27,920 --> 01:03:31,200 Speaker 1: in an interview, bragging even to Jake Tapper on CNN 1262 01:03:31,360 --> 01:03:35,160 Speaker 1: about his vast experience planning coups. With all due respect, 1263 01:03:35,560 --> 01:03:39,000 Speaker 1: one doesn't have to be brilliant to attempt a coup. 1264 01:03:39,720 --> 01:03:42,160 Speaker 1: I disagree with that as somebody who has helped plan 1265 01:03:42,360 --> 01:03:46,120 Speaker 1: coup d'eta, not here, but you know other places. It 1266 01:03:46,200 --> 01:03:49,160 Speaker 1: takes a lot of work, and that's not what he did. Wow. 1267 01:03:49,360 --> 01:03:51,960 Speaker 1: Bolton there, who served in not only Trump administration but 1268 01:03:52,000 --> 01:03:56,200 Speaker 1: also the supposedly respectable Bush administration, broke an unspoken rule 1269 01:03:56,280 --> 01:04:00,040 Speaker 1: of Washington decorum. This whole exchange got me thinking about 1270 01:04:00,360 --> 01:04:04,600 Speaker 1: which crimes and outrages are considered acceptable, even noble sometimes 1271 01:04:04,640 --> 01:04:08,080 Speaker 1: in Washington, and which are considered monstrous out of bounce. 1272 01:04:08,440 --> 01:04:10,600 Speaker 1: Bolton is a perfect case in point here. Now, we 1273 01:04:10,640 --> 01:04:13,800 Speaker 1: all know that our government relatively routinely, especially during the 1274 01:04:13,800 --> 01:04:17,120 Speaker 1: Cold War, but still today filment supports and outright plots 1275 01:04:17,120 --> 01:04:21,160 Speaker 1: and directs coups. We busy ourselves subverting democracy wherever we please, 1276 01:04:21,200 --> 01:04:23,960 Speaker 1: to install regimes that our elites believe will better support 1277 01:04:24,200 --> 01:04:28,080 Speaker 1: American interests read Capital's interest. Now, we're all supposed to 1278 01:04:28,120 --> 01:04:31,440 Speaker 1: know this, but just not say anything about it. Notorious 1279 01:04:31,480 --> 01:04:34,000 Speaker 1: neo con as we covered earlier, David From was deeply 1280 01:04:34,040 --> 01:04:37,720 Speaker 1: agreed by Bolton's loose lips, tweeting former US national security 1281 01:04:37,720 --> 01:04:40,480 Speaker 1: advisors should measure their words and avoid cynical jokes that 1282 01:04:40,520 --> 01:04:42,560 Speaker 1: give aid and comfort to those who do not wish 1283 01:04:42,560 --> 01:04:45,160 Speaker 1: this country. Well, you might note that the problem for 1284 01:04:45,280 --> 01:04:47,920 Speaker 1: From was not the cous It was Bolton's breach of 1285 01:04:48,080 --> 01:04:51,320 Speaker 1: Washington decorum in talking about the coups so casually and 1286 01:04:51,360 --> 01:04:54,520 Speaker 1: so publicly. And it's not only overseas coups that can 1287 01:04:54,600 --> 01:04:57,360 Speaker 1: be tolerated or even celebrated if handled with the proper 1288 01:04:57,440 --> 01:05:01,000 Speaker 1: DC etiquette. Just think about two thousand. Instead of Ruffians 1289 01:05:01,040 --> 01:05:04,640 Speaker 1: and Viking hats waving Confederate flags, you had Harvard lawyers 1290 01:05:04,680 --> 01:05:08,680 Speaker 1: partnering with politicians clearly branded with the imprimatur of the establishment. 1291 01:05:09,040 --> 01:05:12,080 Speaker 1: George W. Bush and his brother, who was governor of Florida, 1292 01:05:12,080 --> 01:05:15,800 Speaker 1: and their team of highly paid, highly educated, respectable lawyers. 1293 01:05:16,120 --> 01:05:19,360 Speaker 1: They executed a highbrow coup in coordination with the Conservative 1294 01:05:19,400 --> 01:05:22,560 Speaker 1: partisans on the Supreme Court. So instead of Rudy Giuliani, 1295 01:05:22,600 --> 01:05:26,280 Speaker 1: you had Ted Olson, former Reagan assistant Attorney General. And 1296 01:05:26,320 --> 01:05:29,040 Speaker 1: not only did Washington accept this coup, the fact that 1297 01:05:29,080 --> 01:05:32,480 Speaker 1: al Gore bowed out quickly with barely a protest is 1298 01:05:32,600 --> 01:05:36,240 Speaker 1: lauded to this day as a triumph of democracy, when 1299 01:05:36,240 --> 01:05:38,400 Speaker 1: in fact, of course, it was the polar opposite, an 1300 01:05:38,400 --> 01:05:40,920 Speaker 1: outright shredding of the people's will, far more effective than 1301 01:05:40,960 --> 01:05:43,880 Speaker 1: what happened in twenty twenty. But we were uniformly assured 1302 01:05:43,880 --> 01:05:48,480 Speaker 1: that the institutions held in our democracy prevailed George W. Bush. 1303 01:05:48,600 --> 01:05:51,840 Speaker 1: He maintained his decorum. Most important of all the DC rules, 1304 01:05:52,080 --> 01:05:54,440 Speaker 1: Not once did we hear of semeared ketchup on the 1305 01:05:54,440 --> 01:05:57,200 Speaker 1: White House walls during his tenure, so he was allowed 1306 01:05:57,200 --> 01:05:59,960 Speaker 1: to serve two terms after stealing the election, leading Arnie 1307 01:06:00,200 --> 01:06:02,640 Speaker 1: into the most grievous foreign policy mistakes of a generation, 1308 01:06:02,840 --> 01:06:06,000 Speaker 1: teeing up the housing collapse and green lighting mass surveillance 1309 01:06:06,040 --> 01:06:09,880 Speaker 1: against our own people and mass human rights abuses against others. 1310 01:06:10,360 --> 01:06:12,320 Speaker 1: But we were allowed the illusion that our country was 1311 01:06:12,400 --> 01:06:15,080 Speaker 1: more or less functioning. The lie that this coup was 1312 01:06:15,120 --> 01:06:18,480 Speaker 1: actually the glory of democracy and action saved us from 1313 01:06:18,520 --> 01:06:21,600 Speaker 1: having to actually face the rotten core of the American 1314 01:06:21,640 --> 01:06:25,960 Speaker 1: project today? Was our ignorance actually bliss Now? I know, 1315 01:06:26,000 --> 01:06:28,120 Speaker 1: the liberal instinct is to paint Trump as a singular 1316 01:06:28,160 --> 01:06:30,600 Speaker 1: evil who came out of nowhere to defile the pure 1317 01:06:30,640 --> 01:06:33,480 Speaker 1: and innocent Grand Old Party, But of course the truth 1318 01:06:33,560 --> 01:06:36,080 Speaker 1: is he just painted all of the pre existing failures 1319 01:06:36,080 --> 01:06:38,960 Speaker 1: of our nation, especially its political elite, in garish colors, 1320 01:06:39,400 --> 01:06:42,360 Speaker 1: robbing us of our ability to maintain that blissful ignorance. 1321 01:06:42,520 --> 01:06:45,480 Speaker 1: DC was never mad about the corruption, the assault on democracy, 1322 01:06:45,520 --> 01:06:48,200 Speaker 1: the grifting, the lies, the contempt for governance. They were 1323 01:06:48,240 --> 01:06:51,560 Speaker 1: always most upset that he did not follow the Washington 1324 01:06:51,640 --> 01:06:54,640 Speaker 1: rules when engaging in all of those behaviors. I mean 1325 01:06:54,800 --> 01:06:58,840 Speaker 1: Washington has long operated on an elaborate scheme of institutionalized corruption. 1326 01:06:58,880 --> 01:07:01,760 Speaker 1: A favor there, a campaign contribution here, in board seat 1327 01:07:01,800 --> 01:07:04,400 Speaker 1: for a kid or relative, or post public service gig. 1328 01:07:04,920 --> 01:07:07,720 Speaker 1: Trump literally expected people to pony up cash at his 1329 01:07:07,800 --> 01:07:10,480 Speaker 1: properties that would go directly in his pocket in order 1330 01:07:10,480 --> 01:07:12,800 Speaker 1: to get in his good graces. It was all upfront. 1331 01:07:13,360 --> 01:07:17,280 Speaker 1: All political fundraising, of course, is shady, manipulative, playing on emotions, 1332 01:07:17,280 --> 01:07:20,760 Speaker 1: promising results they know they will never achieve. Trump literally 1333 01:07:20,840 --> 01:07:23,200 Speaker 1: raised millions for a fund to fight election fraud that 1334 01:07:23,280 --> 01:07:27,000 Speaker 1: did not even exist. Now, the neoliberal era presdential administrations 1335 01:07:27,000 --> 01:07:30,040 Speaker 1: are incompetently managed by unserious people stacked with some of 1336 01:07:30,080 --> 01:07:33,439 Speaker 1: the wrongest people on the entire planet. Neoliberals don't really 1337 01:07:33,520 --> 01:07:35,800 Speaker 1: believe in government, so kind of makes sense, and the 1338 01:07:35,840 --> 01:07:39,720 Speaker 1: collective brilliance of the experts they employ has led us 1339 01:07:39,760 --> 01:07:43,560 Speaker 1: into disastrous wars, criminal trade deals, and financial collapses. But 1340 01:07:43,640 --> 01:07:46,480 Speaker 1: these experts, they were pedigreed, and so we were assured 1341 01:07:46,520 --> 01:07:48,240 Speaker 1: we were actually in good hands, and we were just 1342 01:07:48,280 --> 01:07:51,240 Speaker 1: too dumb and uneducated to really understand what was going 1343 01:07:51,280 --> 01:07:54,040 Speaker 1: on here. Trump, on the other hand, he went ahead 1344 01:07:54,040 --> 01:07:57,240 Speaker 1: and put Rick Perry in a role as Edger secretary 1345 01:07:57,440 --> 01:08:00,920 Speaker 1: that was previously held by a nuclear physicist, Rick Perry. 1346 01:08:01,480 --> 01:08:04,280 Speaker 1: The third agency of government. I would do away with 1347 01:08:04,360 --> 01:08:12,560 Speaker 1: the education, the commerce, the commerce, and let's see, I 1348 01:08:12,600 --> 01:08:17,919 Speaker 1: can't the third one. I can't. Sorry, oops, the agency 1349 01:08:17,920 --> 01:08:21,320 Speaker 1: he forgot that was literally the very agency that he 1350 01:08:21,400 --> 01:08:23,960 Speaker 1: was ultimately put in charge of. Now, the rejection of 1351 01:08:23,960 --> 01:08:27,479 Speaker 1: this brazen bad behavior in preference for decorous bad behavior 1352 01:08:27,640 --> 01:08:30,280 Speaker 1: is driving the Ron de Santis chatter right now. That's 1353 01:08:30,280 --> 01:08:33,599 Speaker 1: why DeSantis's support is overwhelmingly college educated versus the more 1354 01:08:33,640 --> 01:08:37,320 Speaker 1: downscale based overwhelmingly sticking with Trump. Desanta's has done enough 1355 01:08:37,320 --> 01:08:39,280 Speaker 1: in the Trump era to hug the former president. Be 1356 01:08:39,320 --> 01:08:41,679 Speaker 1: a little trumpy, but he's a version of trump Ism 1357 01:08:41,720 --> 01:08:44,240 Speaker 1: that gup elites think that they could potentially live with. 1358 01:08:44,640 --> 01:08:46,679 Speaker 1: Is being pitched as a sort of high brow Trump. 1359 01:08:46,880 --> 01:08:49,439 Speaker 1: He won't call Stormy Daniel's horse face. He won't watch 1360 01:08:49,479 --> 01:08:51,920 Speaker 1: with the light as rioters proclaim their desire to murder 1361 01:08:51,920 --> 01:08:54,880 Speaker 1: his vice president. He won't put Rick Perry in charge 1362 01:08:54,880 --> 01:08:57,720 Speaker 1: of the Energy Department. If Ron DeSantis does a coup, 1363 01:08:57,800 --> 01:09:00,240 Speaker 1: it will be the George W. Bush style coup. Walk 1364 01:09:00,240 --> 01:09:03,000 Speaker 1: that respectability on stop this deal. Refusing to say whether 1365 01:09:03,080 --> 01:09:05,200 Speaker 1: or not. He thinks the twenty twenty election was stolen, 1366 01:09:05,200 --> 01:09:07,360 Speaker 1: but not going all the way down the conspiracy rabbit 1367 01:09:07,400 --> 01:09:11,040 Speaker 1: hole and another trumbling display of contempt for democracy also 1368 01:09:11,120 --> 01:09:13,879 Speaker 1: overrode the will of Florida residents who voted to reinstate 1369 01:09:13,960 --> 01:09:17,160 Speaker 1: voting rights for felons now elite to Santa's backers. Are 1370 01:09:17,200 --> 01:09:19,280 Speaker 1: not opposed to KU's per se. They just want it 1371 01:09:19,280 --> 01:09:20,800 Speaker 1: to be done in the Washington way so they don't 1372 01:09:20,840 --> 01:09:23,439 Speaker 1: have to answer so many uncomfortable questions about it or 1373 01:09:23,439 --> 01:09:26,040 Speaker 1: be embarrassed by the unwashed masses who show up to 1374 01:09:26,080 --> 01:09:28,840 Speaker 1: execute it. They aren't opposed to corruption per se. They 1375 01:09:28,880 --> 01:09:31,200 Speaker 1: just want it execute it through the accepted channels of 1376 01:09:31,280 --> 01:09:35,600 Speaker 1: kickbacks and campaign contributions. Maybe with DeSantis, they posit, we 1377 01:09:35,640 --> 01:09:39,760 Speaker 1: could recloak the ugliness of Washington in enough Washington respectability 1378 01:09:39,760 --> 01:09:41,439 Speaker 1: that we could go back to pretending that the country 1379 01:09:41,520 --> 01:09:44,360 Speaker 1: is more or less functional, the decorum slathered like a 1380 01:09:44,439 --> 01:09:47,679 Speaker 1: cheap coat of paint over underlying rot that continues to fester, 1381 01:09:48,160 --> 01:09:51,280 Speaker 1: masking it enough for Liz Cheney and Adam Kinzinger and 1382 01:09:51,280 --> 01:09:54,400 Speaker 1: Mitt Romney to feel comfortable once again. And who knows, 1383 01:09:54,760 --> 01:09:57,280 Speaker 1: maybe that useful fiction would be enough to keep our 1384 01:09:57,280 --> 01:10:00,559 Speaker 1: country from going off the deep end. After all, nation, nations, 1385 01:10:00,560 --> 01:10:04,000 Speaker 1: and institutions are built more on faith, collective storytelling, and 1386 01:10:04,040 --> 01:10:07,040 Speaker 1: shared delusions than they are really on anything tangible. Or 1387 01:10:07,080 --> 01:10:09,519 Speaker 1: maybe now that Trump has taken our every failing and 1388 01:10:09,560 --> 01:10:13,160 Speaker 1: put it on vibrant and repulsive display, maybe we can't 1389 01:10:13,200 --> 01:10:15,679 Speaker 1: really unsee it. Trump was always hailed as a truth 1390 01:10:15,720 --> 01:10:17,719 Speaker 1: teller by his fans, which was a little bit perplexing 1391 01:10:17,760 --> 01:10:19,479 Speaker 1: given then he just makes up shit all the time 1392 01:10:19,520 --> 01:10:21,960 Speaker 1: whenever he wants to. But when it came to Washington, 1393 01:10:22,120 --> 01:10:24,839 Speaker 1: as John Bolton did in that extraordinary moment Jake Tapper, 1394 01:10:25,120 --> 01:10:27,920 Speaker 1: Trump always said the quiet part out loud, and maybe 1395 01:10:27,920 --> 01:10:30,160 Speaker 1: that is what his people meant. I mean, if your 1396 01:10:30,160 --> 01:10:33,240 Speaker 1: only choices are John Bolton, who keeps quiet about his coups, 1397 01:10:33,320 --> 01:10:36,360 Speaker 1: or one that probably broadcasts them to the world, which 1398 01:10:36,439 --> 01:10:39,040 Speaker 1: is actually better? Does it really matter? In the end, 1399 01:10:39,640 --> 01:10:44,040 Speaker 1: Trump took all of the accepted criminal, immoral, repulsive, authoritarian 1400 01:10:44,120 --> 01:10:47,000 Speaker 1: behavior of Washington elites and he turned it up to eleven, 1401 01:10:47,040 --> 01:10:50,040 Speaker 1: didn't he? And if the Republican base wanted the highbrow 1402 01:10:50,160 --> 01:10:52,719 Speaker 1: version of Trump, well it could have picked Chris Christy 1403 01:10:52,800 --> 01:10:56,240 Speaker 1: or Ted Cruz. Long ago, John Bolton really got me 1404 01:10:56,280 --> 01:10:59,599 Speaker 1: thinking here, Sager about accepted cous and if you want 1405 01:10:59,640 --> 01:11:02,559 Speaker 1: to hear my reaction to Crystal's monologue, become a premium 1406 01:11:02,600 --> 01:11:08,240 Speaker 1: subscriber today at Breakingpoints dot com. All right, Zager, what 1407 01:11:08,240 --> 01:11:10,280 Speaker 1: are you looking at? Well, if there's a central theme 1408 01:11:10,280 --> 01:11:12,439 Speaker 1: to how I see the world, it's basically the class 1409 01:11:12,439 --> 01:11:15,479 Speaker 1: and the growing divide explains everything about the direction of 1410 01:11:15,479 --> 01:11:18,679 Speaker 1: the United States since the nineteen nineties. The problem with class, though, 1411 01:11:18,760 --> 01:11:20,760 Speaker 1: is this is really hard to pin down. What does 1412 01:11:20,840 --> 01:11:24,000 Speaker 1: class mean? Is it income? Is an ancestral wealth? Is 1413 01:11:24,000 --> 01:11:27,479 Speaker 1: it immigrant status? Is it racial? The answer is kind 1414 01:11:27,520 --> 01:11:29,840 Speaker 1: of all of the above. But as I've reiterated here 1415 01:11:29,880 --> 01:11:33,960 Speaker 1: many many times, increasingly the best determinant of class is 1416 01:11:34,000 --> 01:11:37,320 Speaker 1: probably whether you have a four year college degree or not. Now, 1417 01:11:37,360 --> 01:11:40,400 Speaker 1: before you explode, let me explain. I'm not saying people 1418 01:11:40,400 --> 01:11:42,800 Speaker 1: with a four year college degree can't be poor, but 1419 01:11:42,920 --> 01:11:45,720 Speaker 1: instead that the four year college degree is more of 1420 01:11:45,760 --> 01:11:48,240 Speaker 1: a proxy for how you see the world. If you 1421 01:11:48,320 --> 01:11:50,559 Speaker 1: went to college, you are way more likely to hold 1422 01:11:50,600 --> 01:11:53,360 Speaker 1: liberal views on race, to not be religious, to be 1423 01:11:53,400 --> 01:11:56,520 Speaker 1: sympathetic to the elite narrative in this country, And increasingly 1424 01:11:56,680 --> 01:11:59,080 Speaker 1: that basically means you're a Democrat. That is why I 1425 01:11:59,120 --> 01:12:01,400 Speaker 1: controversially will say that if you're a plumber making one 1426 01:12:01,479 --> 01:12:03,759 Speaker 1: hundred k a year but you didn't go to college, 1427 01:12:03,880 --> 01:12:07,200 Speaker 1: you're culturally working class, while if you're a Columbia film 1428 01:12:07,240 --> 01:12:10,000 Speaker 1: student who is broke, you're still in the upper class. 1429 01:12:10,280 --> 01:12:12,479 Speaker 1: This new orientation of the world was very hammered home 1430 01:12:12,520 --> 01:12:14,960 Speaker 1: in the twenty twenty election results. Contrary to the way 1431 01:12:15,000 --> 01:12:17,879 Speaker 1: that the media speaks, Trump increased his vote share amongst 1432 01:12:17,880 --> 01:12:22,400 Speaker 1: every single demographic group in America except for white men. Specifically, 1433 01:12:22,600 --> 01:12:26,240 Speaker 1: white college educated men. White college educated men and women 1434 01:12:26,439 --> 01:12:29,679 Speaker 1: were the major swing and enthusiastic voters behind Joe Biden's 1435 01:12:29,720 --> 01:12:33,479 Speaker 1: victory and the Democratic victories in the twenty eighteen midterm elections. 1436 01:12:33,720 --> 01:12:36,599 Speaker 1: And I'll state another controversial fact. Twenty twenty was the 1437 01:12:36,640 --> 01:12:41,000 Speaker 1: most racially depolarized election of our lifetime, with record numbers 1438 01:12:41,040 --> 01:12:44,760 Speaker 1: of Hispanic voters voting Republican and even black men crossing over. 1439 01:12:45,160 --> 01:12:48,080 Speaker 1: How does one explain that if you only care about race, 1440 01:12:48,200 --> 01:12:51,439 Speaker 1: you really can't without resorting to disgusting tropes about how 1441 01:12:51,479 --> 01:12:54,320 Speaker 1: people of color want to present as white. It's easier 1442 01:12:54,360 --> 01:12:58,280 Speaker 1: to understand to what extent race matters it's more about 1443 01:12:58,280 --> 01:13:00,960 Speaker 1: whether you were an elite member of your racial group 1444 01:13:01,000 --> 01:13:04,400 Speaker 1: and you went to college or not. The college degree 1445 01:13:04,680 --> 01:13:07,759 Speaker 1: unites the worldview of half the country and non college 1446 01:13:07,760 --> 01:13:11,040 Speaker 1: worldview the other. This was hammered home even further in 1447 01:13:11,080 --> 01:13:13,000 Speaker 1: the New York Times poll that we spent some time 1448 01:13:13,040 --> 01:13:15,479 Speaker 1: on our last show. It shows as starkly, for the 1449 01:13:15,520 --> 01:13:18,639 Speaker 1: first time in a national survey, Democrats have a larger 1450 01:13:18,720 --> 01:13:22,400 Speaker 1: share of support amongst white college graduates than amongst non 1451 01:13:22,479 --> 01:13:25,960 Speaker 1: white voters. And guess what those white college graduates who 1452 01:13:25,960 --> 01:13:28,519 Speaker 1: have all the energy of the party, Well, they care 1453 01:13:28,640 --> 01:13:33,479 Speaker 1: far more likely about guns, abortion, and quote democracy. Those 1454 01:13:33,479 --> 01:13:36,080 Speaker 1: are their top issues in twenty twenty two. In fact, 1455 01:13:36,160 --> 01:13:39,360 Speaker 1: amongst the white college educated group, only seventeen percent of 1456 01:13:39,360 --> 01:13:41,840 Speaker 1: those voters said that the economy or inflation ranked at 1457 01:13:41,880 --> 01:13:43,599 Speaker 1: the top of their issues that they're going to vote 1458 01:13:43,600 --> 01:13:46,719 Speaker 1: on in twenty twenty two. For non college educated voters, 1459 01:13:46,760 --> 01:13:49,800 Speaker 1: the data flips. Republican leaning voters in twenty twenty care 1460 01:13:49,840 --> 01:13:53,120 Speaker 1: about one thing, one thing only, the economy and inflation. 1461 01:13:53,400 --> 01:13:55,560 Speaker 1: It's fueling the rise of non white voters into the 1462 01:13:55,600 --> 01:13:59,280 Speaker 1: Republican category with Latinos, especially in fact, Latinos in the 1463 01:13:59,280 --> 01:14:02,120 Speaker 1: New York, we're the most likely to say inflation and 1464 01:14:02,200 --> 01:14:04,920 Speaker 1: economy were all that mattered to them. This lines up 1465 01:14:04,960 --> 01:14:09,520 Speaker 1: squarely with white non college whites who are supporting Republicans 1466 01:14:09,520 --> 01:14:13,639 Speaker 1: by a sixty point margin. Just to hammer my point 1467 01:14:13,640 --> 01:14:15,799 Speaker 1: home again, if you take race out of the equation 1468 01:14:15,880 --> 01:14:18,320 Speaker 1: and just look at the electorate by college or not, 1469 01:14:18,760 --> 01:14:22,680 Speaker 1: fifty six percent of college educated voters outright support Democrats, 1470 01:14:22,800 --> 01:14:26,639 Speaker 1: thirty three percent Republican, twelve percent undecided. For non college 1471 01:14:26,840 --> 01:14:31,439 Speaker 1: thirty three percent Democrat, forty five Republican, twenty two undecided. Now, 1472 01:14:31,439 --> 01:14:34,240 Speaker 1: once you understand the college divide everything all starts to 1473 01:14:34,280 --> 01:14:36,360 Speaker 1: make a lot more sense. If you went to college, 1474 01:14:36,400 --> 01:14:38,680 Speaker 1: you hear Latin X, and while it is cringe, you 1475 01:14:38,720 --> 01:14:41,200 Speaker 1: have exposure to the critical theory that most colleges teach. 1476 01:14:41,479 --> 01:14:43,880 Speaker 1: You kind of get it. If you didn't, you think, 1477 01:14:44,040 --> 01:14:46,360 Speaker 1: what are these people smoking? Same with much of the 1478 01:14:46,920 --> 01:14:50,160 Speaker 1: pregnant people discourse that the current left is idolizing. When 1479 01:14:50,200 --> 01:14:52,880 Speaker 1: you went to college, the foundation of those ideas are 1480 01:14:52,920 --> 01:14:56,040 Speaker 1: imprinted and you're familiar. If you didn't, you can barely 1481 01:14:56,080 --> 01:14:58,800 Speaker 1: believe that these freaks are real people who actually speak 1482 01:14:58,840 --> 01:15:01,439 Speaker 1: this way. No, I said, I know, there's a lot 1483 01:15:01,479 --> 01:15:04,200 Speaker 1: here that will piss some people off. Some college educated 1484 01:15:04,280 --> 01:15:07,000 Speaker 1: voters who are broke will be upset. The truth is, 1485 01:15:07,080 --> 01:15:09,920 Speaker 1: though the way you see the world is a better 1486 01:15:10,000 --> 01:15:13,479 Speaker 1: determinant today of class than pretty much anything else we have. 1487 01:15:14,000 --> 01:15:17,760 Speaker 1: This holds two primary warnings for both parties. For the Democrats, 1488 01:15:17,960 --> 01:15:20,200 Speaker 1: while the college educated rule of the world, they are 1489 01:15:20,240 --> 01:15:23,280 Speaker 1: not the entire world. Only about forty percent of Americans 1490 01:15:23,360 --> 01:15:26,080 Speaker 1: have a four year college degree, only fourteen percent of 1491 01:15:26,120 --> 01:15:29,679 Speaker 1: Americans hold a graduate degree. The graduate degree people are 1492 01:15:29,800 --> 01:15:33,040 Speaker 1: way more represented in higher institutions of culture and are 1493 01:15:33,080 --> 01:15:36,599 Speaker 1: the ones driving behind the bus behind political correctness, gender 1494 01:15:36,640 --> 01:15:39,880 Speaker 1: and race ideology, many of the other forces behind cultural 1495 01:15:39,960 --> 01:15:43,559 Speaker 1: leftism today. That means the people at the highest income 1496 01:15:43,560 --> 01:15:47,080 Speaker 1: and class spectrum are setting the agenda for a party 1497 01:15:47,080 --> 01:15:49,639 Speaker 1: that still presumably wants to win and must win non 1498 01:15:49,680 --> 01:15:52,880 Speaker 1: college educated voters to survive. For the Republicans, warning is 1499 01:15:52,880 --> 01:15:56,040 Speaker 1: also obvious. Okay, you're probably going to win, so now 1500 01:15:56,080 --> 01:15:58,000 Speaker 1: what Because if you have a bunch of people voting 1501 01:15:58,000 --> 01:16:00,599 Speaker 1: for you on economic grounds, if inflation go sky high 1502 01:16:00,640 --> 01:16:03,559 Speaker 1: and continue to trickle down economics and talking about the deficit, 1503 01:16:03,800 --> 01:16:06,679 Speaker 1: those same voters could abandon you pretty easily. If things 1504 01:16:06,720 --> 01:16:10,160 Speaker 1: go south. Either govern and satisfy their concerns, or get 1505 01:16:10,200 --> 01:16:13,320 Speaker 1: ready to lose again. The obvious point is neither of 1506 01:16:13,320 --> 01:16:15,320 Speaker 1: those things are going to happen. The freaks are in 1507 01:16:15,360 --> 01:16:17,320 Speaker 1: the driver's seat of the Democrats and they will be 1508 01:16:17,400 --> 01:16:20,200 Speaker 1: for years to come. The deficit hawks similarly in the 1509 01:16:20,240 --> 01:16:23,720 Speaker 1: GOP power seat. They're there. We are doomed, not necessarily 1510 01:16:23,760 --> 01:16:26,840 Speaker 1: to a permanent realignment, but an ongoing yo yo of 1511 01:16:26,880 --> 01:16:30,000 Speaker 1: American politics. So buckle up. I hope it works out. 1512 01:16:30,400 --> 01:16:33,960 Speaker 1: It's fascinating the Non Colleges college and if you want 1513 01:16:33,960 --> 01:16:37,080 Speaker 1: to hear my reaction to Sager's monologue, become a premium 1514 01:16:37,120 --> 01:16:42,840 Speaker 1: subscriber today at Breakingpoints dot com. So President Biden is 1515 01:16:42,880 --> 01:16:44,800 Speaker 1: on his big trip to the Middle East, and to 1516 01:16:44,800 --> 01:16:46,880 Speaker 1: break down all of the things that are happening there 1517 01:16:46,880 --> 01:16:48,800 Speaker 1: and what we can expect and what it means for you, 1518 01:16:48,920 --> 01:16:50,960 Speaker 1: we have doctor Treta Parsi, a great friend of the 1519 01:16:50,960 --> 01:16:53,160 Speaker 1: show and of course executive vice president of the Quincy 1520 01:16:53,240 --> 01:16:56,320 Speaker 1: Institute for Responsible Statecraft. Great to see you, sir, good caesar, 1521 01:16:56,439 --> 01:16:59,120 Speaker 1: thank you so much for having me. So let's start 1522 01:16:59,120 --> 01:17:03,040 Speaker 1: with the basics. Where's the present going and do you 1523 01:17:03,120 --> 01:17:06,880 Speaker 1: think that this trip is a smart move on his 1524 01:17:06,960 --> 01:17:11,519 Speaker 1: team's part anywhere. Anyway you look at this, I just 1525 01:17:11,560 --> 01:17:14,400 Speaker 1: really have a hard time seeing why this trip makes 1526 01:17:14,479 --> 01:17:18,120 Speaker 1: any sense, except for perhaps some domestic political reasons, but 1527 01:17:18,200 --> 01:17:21,400 Speaker 1: even that I think is questionable. You take a look 1528 01:17:21,439 --> 01:17:26,280 Speaker 1: at the geopolitical imperatives as that White House is put 1529 01:17:26,320 --> 01:17:30,000 Speaker 1: forward pushing down all prices, etc. It's been quite clear 1530 01:17:30,040 --> 01:17:32,760 Speaker 1: for some time the Saudis don't have the capacity to 1531 01:17:32,880 --> 01:17:35,080 Speaker 1: really push down all prices that in a way that 1532 01:17:35,120 --> 01:17:37,639 Speaker 1: would make a difference for the White House. In fact, 1533 01:17:38,200 --> 01:17:42,400 Speaker 1: if the President was really driven by old concerns a 1534 01:17:42,439 --> 01:17:44,559 Speaker 1: gas price is inflation, it would have been much better 1535 01:17:44,560 --> 01:17:46,519 Speaker 1: for him to just go back into the von nucleidial. 1536 01:17:46,560 --> 01:17:49,040 Speaker 1: That would have freed up much much more oil, including 1537 01:17:49,080 --> 01:17:51,559 Speaker 1: in the short term, that would have been valuable for 1538 01:17:51,600 --> 01:17:55,559 Speaker 1: the president. If this is about creating peace in the region, 1539 01:17:55,920 --> 01:18:00,320 Speaker 1: then rest assure the Abrams Accord, which just completely leaps 1540 01:18:00,400 --> 01:18:03,360 Speaker 1: under the royal the Palestinian issue. In fact, it is 1541 01:18:03,439 --> 01:18:05,600 Speaker 1: honest about it. It says that it doesn't try to 1542 01:18:05,640 --> 01:18:09,360 Speaker 1: resolve in Palestinian Israeli conflict, it tries to move beyond them. 1543 01:18:09,439 --> 01:18:12,040 Speaker 1: That's the language that they use. The rest to show 1544 01:18:12,080 --> 01:18:14,760 Speaker 1: that is not going to help restore peace there. On 1545 01:18:15,840 --> 01:18:19,120 Speaker 1: the contrary, what it will do is to create a 1546 01:18:19,240 --> 01:18:22,679 Speaker 1: military alliance in the region. They call it a defense 1547 01:18:22,720 --> 01:18:26,919 Speaker 1: alliance similar to NATO. Between these ray leaves, the Saudis, 1548 01:18:26,960 --> 01:18:32,720 Speaker 1: Avarats against Ivan. Here's the thing, there's nothing new about this. 1549 01:18:32,720 --> 01:18:36,400 Speaker 1: This is yet another iteration of the United States seeking 1550 01:18:36,400 --> 01:18:41,360 Speaker 1: to organize the Middle East around the principle of containing 1551 01:18:41,400 --> 01:18:45,680 Speaker 1: an isolating van That has been an utter failure, and 1552 01:18:45,720 --> 01:18:48,600 Speaker 1: it's been extremely costly. It has been a driver of 1553 01:18:48,760 --> 01:18:51,600 Speaker 1: conflict rather than a driver of peace. Don't take it 1554 01:18:51,640 --> 01:18:53,720 Speaker 1: from me, Take it from Rogue Maallee, who on the 1555 01:18:53,760 --> 01:18:57,320 Speaker 1: stage in Bahrain about a year ago said that the 1556 01:18:57,400 --> 01:19:01,960 Speaker 1: isolation that Iran has been a driving force of instability 1557 01:19:02,000 --> 01:19:05,000 Speaker 1: in the vision. Listen to what Tony Blair is. Tony 1558 01:19:05,000 --> 01:19:08,559 Speaker 1: Blinker himself said in New York Times in twenty seventeen 1559 01:19:08,640 --> 01:19:12,000 Speaker 1: when Trump was moving down this direction. He said, an 1560 01:19:12,040 --> 01:19:17,200 Speaker 1: anti Shia coalition masquerading as a defense alliance will only 1561 01:19:17,479 --> 01:19:21,320 Speaker 1: bring about instability and more warfare in the region. Yet 1562 01:19:21,680 --> 01:19:24,519 Speaker 1: this is the direction that the President has chosen to go. 1563 01:19:24,880 --> 01:19:28,639 Speaker 1: It makes very little sense to me. Right, and doctor Parson, 1564 01:19:28,720 --> 01:19:31,639 Speaker 1: what you're pointing to, is it's not even necessarily working, 1565 01:19:32,080 --> 01:19:34,479 Speaker 1: you know, actually ratcheting some tension up in the region. 1566 01:19:34,520 --> 01:19:38,439 Speaker 1: I was already seeing President Biden said he was giving 1567 01:19:38,439 --> 01:19:40,920 Speaker 1: a deadline on the Iran nuclear deal. He said he 1568 01:19:40,960 --> 01:19:44,600 Speaker 1: would use force if necessary to prevent the development of 1569 01:19:44,680 --> 01:19:47,439 Speaker 1: Iranian nuclear weapons. So it's not like the defensive alliance 1570 01:19:47,479 --> 01:19:49,960 Speaker 1: is keeping the US out of this. I mean, what 1571 01:19:50,000 --> 01:19:53,519 Speaker 1: does this mean for the prospect of the administration continues 1572 01:19:53,560 --> 01:19:56,120 Speaker 1: to act as if a deal is still possible. What 1573 01:19:56,439 --> 01:19:59,200 Speaker 1: do you think in terms of the timeline. Well, let 1574 01:19:59,280 --> 01:20:01,800 Speaker 1: me first say the first thing you said, You're absolutely right. 1575 01:20:02,280 --> 01:20:04,559 Speaker 1: The idea that this would be some sort of a 1576 01:20:04,600 --> 01:20:09,000 Speaker 1: defense alliance that would help the United States leave the region, 1577 01:20:09,040 --> 01:20:12,200 Speaker 1: which is what the American public wants, seems to me 1578 01:20:12,640 --> 01:20:15,920 Speaker 1: extremely unlikely. There may be people, depending on and elsewhere, 1579 01:20:15,920 --> 01:20:19,080 Speaker 1: who think that by bringing in Israel into this and 1580 01:20:19,120 --> 01:20:22,080 Speaker 1: having these Raelis take over the American role of essentially 1581 01:20:22,080 --> 01:20:25,160 Speaker 1: being a defense provider security provider for some of these 1582 01:20:25,240 --> 01:20:29,880 Speaker 1: Jesus states, that that would reduce America's responsibilities and obligations 1583 01:20:29,880 --> 01:20:33,040 Speaker 1: in the region. I find that, nevertheless, extremely naive to 1584 01:20:33,120 --> 01:20:35,880 Speaker 1: think it will develop that way. We can be quite 1585 01:20:35,960 --> 01:20:39,120 Speaker 1: clear that what the sounds, the Amorties, and these Radis 1586 01:20:39,160 --> 01:20:43,040 Speaker 1: are motivated by is that this will actually further and 1587 01:20:43,160 --> 01:20:45,360 Speaker 1: trap the United States in the Middle East. This is 1588 01:20:45,640 --> 01:20:49,000 Speaker 1: further buying the United States to their security. In fact, 1589 01:20:49,200 --> 01:20:52,519 Speaker 1: what themororities and the Saudis have asked for in return 1590 01:20:52,640 --> 01:20:54,439 Speaker 1: for some of these things that the US wants from 1591 01:20:54,439 --> 01:20:58,599 Speaker 1: Saudi Arabia is that there is assigned defense pack between 1592 01:20:58,640 --> 01:21:01,439 Speaker 1: the United States and these countries that will bring more 1593 01:21:01,720 --> 01:21:04,960 Speaker 1: US troops to these countries At a time when American 1594 01:21:05,000 --> 01:21:07,479 Speaker 1: people want to bring Americans home from the Middle East. 1595 01:21:07,800 --> 01:21:10,880 Speaker 1: It would be disastrous for the President of the United 1596 01:21:10,920 --> 01:21:12,599 Speaker 1: States to have to sign a deal that would actually 1597 01:21:12,840 --> 01:21:19,000 Speaker 1: increase troop levels in the Middle East. Well yeah, and 1598 01:21:19,040 --> 01:21:22,040 Speaker 1: when it comes to the Ivan deal, the signaling from 1599 01:21:22,080 --> 01:21:23,720 Speaker 1: the White House at this point seems to be that 1600 01:21:23,760 --> 01:21:26,920 Speaker 1: they themselves have no interest in it any longer. And 1601 01:21:27,000 --> 01:21:31,040 Speaker 1: even if there were to be a deal, I think 1602 01:21:31,120 --> 01:21:33,559 Speaker 1: we can also then rest assured that that deal would 1603 01:21:33,560 --> 01:21:36,360 Speaker 1: not last very long. Set aside all of these other 1604 01:21:36,439 --> 01:21:39,040 Speaker 1: factors that Biden cannot give any assurances that the deal 1605 01:21:39,080 --> 01:21:42,200 Speaker 1: would last longer than his presidency. Set aside the fact 1606 01:21:42,200 --> 01:21:44,160 Speaker 1: that if the Republicans take the House and the Senate, 1607 01:21:44,160 --> 01:21:48,320 Speaker 1: they will probably actually undo the president's ability to waive sanctions, 1608 01:21:48,320 --> 01:21:51,479 Speaker 1: which is a necessary component of the deal. But if 1609 01:21:51,520 --> 01:21:54,000 Speaker 1: we're at the same time suiticide those things. If we 1610 01:21:54,080 --> 01:21:58,240 Speaker 1: think that we can create an arms control agreement with 1611 01:21:58,240 --> 01:22:01,360 Speaker 1: the Iranians that essentially prevents and from ever being able 1612 01:22:01,360 --> 01:22:05,200 Speaker 1: to go to a military nuclear weapons program, and on 1613 01:22:05,240 --> 01:22:10,439 Speaker 1: the other hand, we are army and further increasing our 1614 01:22:10,479 --> 01:22:13,360 Speaker 1: troop levels on the other side of the Persian Gulf, 1615 01:22:13,360 --> 01:22:15,559 Speaker 1: and we think that that is actually going to be 1616 01:22:15,640 --> 01:22:19,240 Speaker 1: a lasting solution, I think that is just absolute insanity. 1617 01:22:19,600 --> 01:22:22,080 Speaker 1: If we want a nuclear over vand if we want 1618 01:22:22,120 --> 01:22:25,479 Speaker 1: to make sure that they completely forsake any path to 1619 01:22:25,520 --> 01:22:28,560 Speaker 1: a nuclear weapon, then we actually need to increase security, 1620 01:22:28,760 --> 01:22:32,600 Speaker 1: reduce tensions in the region rather than cementing those tensions, 1621 01:22:32,920 --> 01:22:36,160 Speaker 1: exactly the way Tony Blinkan himself said this would do 1622 01:22:36,280 --> 01:22:39,400 Speaker 1: in twenty seventy. Yeah. Well, what's remarkable to me, and 1623 01:22:39,640 --> 01:22:42,000 Speaker 1: I am actually quite surprised by it, is how the 1624 01:22:42,000 --> 01:22:47,040 Speaker 1: Biden administration seems to have ended up essentially embracing the 1625 01:22:47,200 --> 01:22:50,000 Speaker 1: entire Trump foreign policy in the region. I mean, from 1626 01:22:50,080 --> 01:22:52,400 Speaker 1: they do it sort of reluctantly like the current complain 1627 01:22:52,439 --> 01:22:55,040 Speaker 1: about Israel's behavior, but they don't change any of the 1628 01:22:55,080 --> 01:22:58,080 Speaker 1: actual policy responses. You know, they kind of pretend like 1629 01:22:58,120 --> 01:23:00,439 Speaker 1: they want to get back the Iranian nuclear de but 1630 01:23:00,520 --> 01:23:02,920 Speaker 1: it sure doesn't seem like it in terms of their actions. 1631 01:23:03,280 --> 01:23:05,160 Speaker 1: And you know Biden who said he wanted to make 1632 01:23:05,160 --> 01:23:08,639 Speaker 1: Saudi Arabia pariah nation when he was running for president, 1633 01:23:08,720 --> 01:23:11,240 Speaker 1: now here he is going to Saudi Arabia hat in 1634 01:23:11,280 --> 01:23:14,840 Speaker 1: hand asking for them to be our besties again. So 1635 01:23:15,360 --> 01:23:18,240 Speaker 1: how did it end up that the Biden administration just 1636 01:23:18,360 --> 01:23:21,440 Speaker 1: basically followed the same footsteps as what the Trump administration 1637 01:23:21,479 --> 01:23:25,080 Speaker 1: did before them. I fear unfortunate that you are quite correct, 1638 01:23:25,120 --> 01:23:27,040 Speaker 1: And I think Peter Baynard put it best in his 1639 01:23:27,160 --> 01:23:29,960 Speaker 1: New newsletter when he said that Trump would be quite 1640 01:23:30,000 --> 01:23:34,479 Speaker 1: proud of Biden's Middle East foreign policy right now. It 1641 01:23:34,560 --> 01:23:37,280 Speaker 1: is clearly a continuation of that policy rather than the 1642 01:23:37,360 --> 01:23:40,559 Speaker 1: continuation with Obama tried to do, which was to open 1643 01:23:40,720 --> 01:23:43,960 Speaker 1: up an opportunity for greater diplomacy. Let me say one 1644 01:23:43,960 --> 01:23:47,080 Speaker 1: thing on this as well. The White House is behaving 1645 01:23:47,360 --> 01:23:51,720 Speaker 1: as if they had no choice that realities on the 1646 01:23:51,720 --> 01:23:56,040 Speaker 1: old market geopolitical imperatives Russia, Ukraine. All of these different 1647 01:23:56,120 --> 01:24:00,800 Speaker 1: things necessitated this move, and there was no other opportunity 1648 01:24:01,120 --> 01:24:05,240 Speaker 1: for the Biden administration to consider. That is in my view, 1649 01:24:05,400 --> 01:24:07,600 Speaker 1: quite false because in the midst of all of this, 1650 01:24:07,880 --> 01:24:11,040 Speaker 1: as a result of the US earlier signaling that it's 1651 01:24:11,120 --> 01:24:14,920 Speaker 1: leaving the region, the withdrawal from Afghanistan, the rhetoric about 1652 01:24:14,920 --> 01:24:18,479 Speaker 1: turning Saudi Araba into Pariah, guess what happened. The region 1653 01:24:18,560 --> 01:24:21,240 Speaker 1: started to have its own diplomacy. The Iraqis have been 1654 01:24:21,320 --> 01:24:25,200 Speaker 1: hosting numerous rounds of talks between the Saudis and the Iranians, 1655 01:24:25,240 --> 01:24:28,560 Speaker 1: the Saudis and the Turks, the Amortis and the Qataris. 1656 01:24:28,920 --> 01:24:32,559 Speaker 1: It's just been a flourishing of regional diplomacy. It's been 1657 01:24:33,240 --> 01:24:36,600 Speaker 1: climaxing in what the Iraqis called the Baghda Dialogue, in 1658 01:24:36,600 --> 01:24:39,680 Speaker 1: which they've been bringing all of these countries together and 1659 01:24:39,720 --> 01:24:43,040 Speaker 1: try to resolve their tensions. And the difference between the 1660 01:24:43,080 --> 01:24:46,840 Speaker 1: bag That Dialogue and the Abrams Accord is profound. The 1661 01:24:46,880 --> 01:24:51,320 Speaker 1: Abrams Accord is organized against the country. The bag That 1662 01:24:51,439 --> 01:24:54,599 Speaker 1: Dialogue is open for everyone and has not organized any 1663 01:24:54,680 --> 01:24:58,160 Speaker 1: against any country. It is not trying to create alliances 1664 01:24:58,200 --> 01:25:01,439 Speaker 1: and pacts and blocks in Middle East is actually trying 1665 01:25:01,439 --> 01:25:05,960 Speaker 1: to resolve the tensions themselves. Moreover, it's a regional initiative. 1666 01:25:06,040 --> 01:25:09,160 Speaker 1: It's driven by the countries themselves. This is not yet 1667 01:25:09,200 --> 01:25:12,080 Speaker 1: another one of these Western ideas that is being imposed 1668 01:25:12,160 --> 01:25:15,840 Speaker 1: on the region. It's coming from the inside. Biden could 1669 01:25:15,920 --> 01:25:20,200 Speaker 1: have chosen to support that initiative, not necessarily take over 1670 01:25:20,240 --> 01:25:22,400 Speaker 1: it because that would have been counterproductive, but put some 1671 01:25:22,560 --> 01:25:26,200 Speaker 1: American weight behind it, endorse it, say this path towards 1672 01:25:26,200 --> 01:25:30,360 Speaker 1: greater diplomacy is actually a good thing. Instead, he chose 1673 01:25:30,479 --> 01:25:33,360 Speaker 1: to go down the path of forty years of failed 1674 01:25:33,439 --> 01:25:36,280 Speaker 1: American policy in the Middle East, which will only bring 1675 01:25:36,520 --> 01:25:40,760 Speaker 1: greater American military presence and involvement and entrapment in the 1676 01:25:40,760 --> 01:25:43,559 Speaker 1: Middle East. Yeah. Well, I think you always put it 1677 01:25:43,600 --> 01:25:45,680 Speaker 1: so well. We're so happy to get your analysis on 1678 01:25:45,720 --> 01:25:48,120 Speaker 1: the day of before Biden's trip to Saudi Arabia, and 1679 01:25:48,160 --> 01:25:50,880 Speaker 1: we deeply appreciate it as always. Thank you so much 1680 01:25:50,920 --> 01:25:53,720 Speaker 1: for having you. Absolutely, thank you later. Okay, thank you 1681 01:25:53,760 --> 01:25:55,200 Speaker 1: guys so much for watching. We're going to miss you 1682 01:25:55,200 --> 01:25:57,360 Speaker 1: all next week. As we said, we have got great 1683 01:25:57,400 --> 01:26:00,479 Speaker 1: partner content with that. Everybody banking stuff, and we'll also 1684 01:26:00,560 --> 01:26:02,760 Speaker 1: have some stuff as well. We're gonna miss you all 1685 01:26:02,840 --> 01:26:04,960 Speaker 1: a lot, but initial a little of reset, and we'll 1686 01:26:04,960 --> 01:26:07,679 Speaker 1: come back to those who upgraded from monthly to yearly. 1687 01:26:07,760 --> 01:26:09,599 Speaker 1: We deeply appreciate it, and for all of the new 1688 01:26:09,600 --> 01:26:12,160 Speaker 1: premium subscribers, we appreciate it so much. We're gonna hit 1689 01:26:12,200 --> 01:26:14,920 Speaker 1: the ground running called midterm election season. It's gonna be fun. 1690 01:26:15,280 --> 01:26:19,160 Speaker 1: The road to Nowhere brainstorming. Yeah, do you guys like 1691 01:26:19,200 --> 01:26:21,200 Speaker 1: the road to nowhere? Else? Also thinking we could do 1692 01:26:21,320 --> 01:26:23,800 Speaker 1: midterm madness, It wasn't possibil You know what The fun 1693 01:26:23,800 --> 01:26:25,760 Speaker 1: thing is, Well, play around whatever we want because that's 1694 01:26:25,760 --> 01:26:28,519 Speaker 1: what that's what it means. Oh, look at it. Crew 1695 01:26:28,600 --> 01:26:30,200 Speaker 1: is so good. They're on top of it, had it 1696 01:26:30,320 --> 01:26:33,280 Speaker 1: ready to go. Midterm madness isn't bad. I kind of like, well, 1697 01:26:33,280 --> 01:26:34,880 Speaker 1: you know what, why don't you guys send an email, 1698 01:26:35,160 --> 01:26:36,960 Speaker 1: Send James an email, tell him what your favorite is 1699 01:26:37,000 --> 01:26:39,160 Speaker 1: and maybe he'll tell us whatever the best one. Sorry, James, 1700 01:26:39,160 --> 01:26:43,599 Speaker 1: you're in prepare for inannation. James. Love you guys, Thank 1701 01:26:43,640 --> 01:26:46,559 Speaker 1: you for everything you have done to support this show. 1702 01:26:47,200 --> 01:26:49,280 Speaker 1: And we will see you guys in a little bit 1703 01:26:49,400 --> 01:26:51,519 Speaker 1: more than a week. That's right. Enjoy see you soon. 1704 01:27:18,040 --> 01:27:18,679 Speaker 1: To the top