1 00:00:00,760 --> 00:00:03,720 Speaker 1: Hey, guys, ready or not, twenty twenty four is here 2 00:00:03,880 --> 00:00:06,320 Speaker 1: and we here at breaking points, are already thinking of 3 00:00:06,400 --> 00:00:08,600 Speaker 1: ways we can up our game for this critical election. 4 00:00:08,800 --> 00:00:11,719 Speaker 2: We rely on our premium subs to expand coverage, upgrade 5 00:00:11,760 --> 00:00:15,120 Speaker 2: the studio ad staff, give you, guys, the best independent 6 00:00:15,160 --> 00:00:17,440 Speaker 2: coverage that is possible. If you like what we're all about, 7 00:00:17,680 --> 00:00:20,000 Speaker 2: it just means the absolute world to have your support. 8 00:00:20,160 --> 00:00:42,680 Speaker 2: But enough with that, let's get to the showing. Good morning, everybody, 9 00:00:42,720 --> 00:00:45,440 Speaker 2: Happy Tuesday. We have an amazing show for everybody today. 10 00:00:45,479 --> 00:00:46,920 Speaker 2: What do we have, Crystal, Indeed. 11 00:00:46,680 --> 00:00:48,680 Speaker 1: We do lots of big stories that are breaking this morning. 12 00:00:48,680 --> 00:00:51,080 Speaker 1: We're taking a deep dive to start with into the 13 00:00:51,120 --> 00:00:53,800 Speaker 1: economy and what could be a perfect storm of a 14 00:00:53,880 --> 00:00:56,480 Speaker 1: number of troubling storm clouds on the horizon, so we'll 15 00:00:56,480 --> 00:00:59,440 Speaker 1: look at that. We've also got a Senator Bob Menandez 16 00:00:59,480 --> 00:01:03,320 Speaker 1: of course and again for corruption, has a pretty incredible 17 00:01:03,360 --> 00:01:06,240 Speaker 1: excuse for what he says is going on. And at 18 00:01:06,280 --> 00:01:08,600 Speaker 1: the same time, and this was a little surprising, Nancy 19 00:01:08,600 --> 00:01:10,720 Speaker 1: Pelosi actually calling for him to step down. So we'll 20 00:01:10,720 --> 00:01:12,640 Speaker 1: bring you all of that. We also have some updates 21 00:01:12,640 --> 00:01:15,080 Speaker 1: about Governor Newsom and Clotheing positioning himself. I don't know 22 00:01:15,080 --> 00:01:18,160 Speaker 1: about for this presidential election, but for the future for 23 00:01:18,240 --> 00:01:21,559 Speaker 1: something make it moves. He has agreed to that debate 24 00:01:21,600 --> 00:01:23,880 Speaker 1: with Rond DeSantis over on Fox News, so we'll talk 25 00:01:23,880 --> 00:01:27,200 Speaker 1: about that. Also make it some interesting legislative choices and 26 00:01:27,319 --> 00:01:30,600 Speaker 1: earning the ire of a powerful labor union in the state. 27 00:01:31,080 --> 00:01:33,680 Speaker 1: Sager's got a UFO update for us based on a 28 00:01:33,760 --> 00:01:36,000 Speaker 1: Michael Schallenberger report, so he'll bring that to us. And 29 00:01:36,040 --> 00:01:38,679 Speaker 1: we also have a really interesting story here about two 30 00:01:38,800 --> 00:01:42,640 Speaker 1: podcasters who are hoping that Joe Biden will save their show. 31 00:01:42,920 --> 00:01:44,800 Speaker 1: We'll give you all of those details. Also excited to 32 00:01:44,840 --> 00:01:47,080 Speaker 1: be joined by Robert Weisman. He is an expert on 33 00:01:47,200 --> 00:01:50,520 Speaker 1: government corruption. Gee, wonder how that could be relevantly a 34 00:01:50,520 --> 00:01:53,120 Speaker 1: great topic. Yes, just happen to work out that there 35 00:01:53,160 --> 00:01:54,800 Speaker 1: was a little bit of government corruption in the news 36 00:01:54,840 --> 00:01:57,000 Speaker 1: that we could peg this too. Before we get to 37 00:01:57,120 --> 00:01:59,680 Speaker 1: any of that, remember, guys, this is a debate week, 38 00:01:59,720 --> 00:02:01,240 Speaker 1: and so we've got some big plans for you guys. 39 00:02:01,440 --> 00:02:03,240 Speaker 2: That's right, So we've got the debate special. It is 40 00:02:03,280 --> 00:02:06,360 Speaker 2: planned for everyone. We will have one preview that will 41 00:02:06,400 --> 00:02:09,560 Speaker 2: drop tomorrow. There's also going to be a normal counterpoint 42 00:02:09,600 --> 00:02:13,000 Speaker 2: show for everybody. For premium subscribers, that preview will actually 43 00:02:13,080 --> 00:02:15,720 Speaker 2: drop later on today and we will have a very 44 00:02:15,760 --> 00:02:18,440 Speaker 2: special show for everyone on Thursday. So we've got a 45 00:02:18,440 --> 00:02:21,480 Speaker 2: lot of fun graphics and things planned postgame analysis. If 46 00:02:21,480 --> 00:02:23,520 Speaker 2: you can help us out, as we said, it's extra production, 47 00:02:23,680 --> 00:02:26,560 Speaker 2: so extra cost to us. You can sign up at 48 00:02:26,840 --> 00:02:29,520 Speaker 2: breakingpoints dot Com become a premium subscriber as we said, 49 00:02:29,639 --> 00:02:31,480 Speaker 2: we'll get the early drops and all those other things. 50 00:02:31,480 --> 00:02:33,000 Speaker 2: And also everyone just want to say, I know we've 51 00:02:33,040 --> 00:02:35,960 Speaker 2: been having some issues with Spotify. That's really on Spotify's 52 00:02:36,040 --> 00:02:38,240 Speaker 2: end over the last couple of days. We are working 53 00:02:38,240 --> 00:02:39,840 Speaker 2: on it. I know how difficult it is, all the 54 00:02:39,880 --> 00:02:43,240 Speaker 2: processing nightmares with YouTube and Spotify, but unfortunately, you know, 55 00:02:43,280 --> 00:02:45,639 Speaker 2: look we are at the mercy of these big corporations. 56 00:02:45,639 --> 00:02:47,600 Speaker 2: But as we said, we heard you. We are absolutely 57 00:02:47,639 --> 00:02:49,400 Speaker 2: working on it, and we take it seriously. I know 58 00:02:49,440 --> 00:02:52,280 Speaker 2: how much people want the show immediately on time. I'm 59 00:02:52,320 --> 00:02:54,519 Speaker 2: the same way, so I would get a messages. 60 00:02:54,120 --> 00:02:57,799 Speaker 1: From my parents so in settling that they watch the 61 00:02:57,800 --> 00:02:58,799 Speaker 1: show every right now. 62 00:02:58,840 --> 00:03:01,079 Speaker 2: I feel the same way. That's how my mom checks 63 00:03:01,120 --> 00:03:01,400 Speaker 2: up on me. 64 00:03:01,440 --> 00:03:03,080 Speaker 1: All right, Let's start though, by taking a look at 65 00:03:03,120 --> 00:03:05,760 Speaker 1: some of those potential storm clouds on the horizon for 66 00:03:05,800 --> 00:03:07,440 Speaker 1: the economy. Put this up on the screen from the 67 00:03:07,440 --> 00:03:10,160 Speaker 1: Wall Street Journal. They had a good report. The headline 68 00:03:10,200 --> 00:03:13,640 Speaker 1: here is US economy could withstand one shock, but for 69 00:03:14,120 --> 00:03:17,919 Speaker 1: at once. They outline four different potential factors that could 70 00:03:17,919 --> 00:03:20,400 Speaker 1: have some level of impact on the economy and are 71 00:03:20,400 --> 00:03:22,840 Speaker 1: asking the question, Okay, on their own, we could withstand 72 00:03:22,919 --> 00:03:25,000 Speaker 1: each of these, but if you put them together, what 73 00:03:25,080 --> 00:03:27,120 Speaker 1: will the impact be. The first one they highlight here 74 00:03:27,560 --> 00:03:31,560 Speaker 1: is the autoworker strike. If it is prolonged, if it 75 00:03:31,639 --> 00:03:33,880 Speaker 1: ends up hitting more plans than it is right now, 76 00:03:34,000 --> 00:03:37,400 Speaker 1: that could shave some small amount off of growth. You also, 77 00:03:37,480 --> 00:03:39,360 Speaker 1: right now have the threat that we've been talking about 78 00:03:39,360 --> 00:03:43,280 Speaker 1: here of a lengthy government shut down. Looks very likely 79 00:03:43,440 --> 00:03:46,080 Speaker 1: that the government is going to shut down next week. 80 00:03:46,120 --> 00:03:47,880 Speaker 1: The question is how long does it take for them 81 00:03:47,880 --> 00:03:50,040 Speaker 1: to come to a deal. Obviously that could have a 82 00:03:50,320 --> 00:03:53,400 Speaker 1: significant impact on the economy as well. The other thing 83 00:03:53,440 --> 00:03:55,880 Speaker 1: they point to is we are facing the resumption of 84 00:03:55,960 --> 00:03:59,480 Speaker 1: student loan debt payments. That is quite a significant one. 85 00:03:59,520 --> 00:04:01,320 Speaker 1: You have a lot a lot of Americans, millions of 86 00:04:01,360 --> 00:04:03,200 Speaker 1: Americans who are going to be having to put out 87 00:04:03,240 --> 00:04:05,640 Speaker 1: you know, hundreds, if not thousands of dollars per month 88 00:04:05,800 --> 00:04:08,240 Speaker 1: to service those debts that has been on hiatus for 89 00:04:08,320 --> 00:04:10,200 Speaker 1: quite a while. This comes out of time also when 90 00:04:10,200 --> 00:04:12,839 Speaker 1: Americans are increasingly stressed in terms of their debt load, 91 00:04:12,880 --> 00:04:15,280 Speaker 1: in terms of their credit card debt, also in terms 92 00:04:15,280 --> 00:04:16,960 Speaker 1: of you know, the interest rates that they're facing on 93 00:04:17,080 --> 00:04:19,960 Speaker 1: auto loans, home loans, et cetera. The other thing they 94 00:04:19,960 --> 00:04:23,720 Speaker 1: point to here is rising oil prices, which obviously hits 95 00:04:23,720 --> 00:04:26,359 Speaker 1: American consumers extremely hard and sager. 96 00:04:26,520 --> 00:04:26,680 Speaker 3: You know. 97 00:04:26,720 --> 00:04:28,679 Speaker 1: The other one that I just sort of briefly referenced 98 00:04:28,720 --> 00:04:31,680 Speaker 1: here that I would add, putting a fifth level of 99 00:04:32,240 --> 00:04:34,520 Speaker 1: you know, shock to into the economy is the high 100 00:04:34,600 --> 00:04:36,520 Speaker 1: level of interest rates. Yes, and the fact that the 101 00:04:36,680 --> 00:04:39,520 Speaker 1: Fed has signaled while they've been holding rates constant, that 102 00:04:39,560 --> 00:04:43,040 Speaker 1: they could actually hike rates again in the future, if anything, 103 00:04:43,160 --> 00:04:45,599 Speaker 1: that hangs over the economy more than any of these 104 00:04:45,600 --> 00:04:46,920 Speaker 1: individual threats they're pointing to. 105 00:04:47,080 --> 00:04:51,320 Speaker 2: I mean, we just have four simultaneously assaults, immediate assaults 106 00:04:51,320 --> 00:04:55,279 Speaker 2: on the American pocketbook on top of the systemic factors 107 00:04:55,320 --> 00:04:58,080 Speaker 2: that we already are destroying so many people. Let's go 108 00:04:58,080 --> 00:05:00,120 Speaker 2: and put this one up there on the screen. The 109 00:05:00,160 --> 00:05:03,719 Speaker 2: monthly mortgage payment is actually at an all time high 110 00:05:03,960 --> 00:05:08,080 Speaker 2: at two thousand, three hundred dollars. The overall mortgage payment 111 00:05:08,120 --> 00:05:10,760 Speaker 2: in March of twenty March of twenty twenty four, example, 112 00:05:11,080 --> 00:05:13,760 Speaker 2: was only nine hundred and seventy seven dollars. We currently 113 00:05:13,800 --> 00:05:17,320 Speaker 2: have the lowest housing affordability on record in the United States, 114 00:05:17,360 --> 00:05:20,039 Speaker 2: and that's largely because of high prices and because of 115 00:05:20,120 --> 00:05:23,800 Speaker 2: high interest rates. So people are locked into either their 116 00:05:23,920 --> 00:05:26,960 Speaker 2: home and they can't move, or their rent is going 117 00:05:27,040 --> 00:05:31,000 Speaker 2: to be increasing substantially. People always forget that while yes, 118 00:05:31,080 --> 00:05:33,760 Speaker 2: gas is a leading cost of inflation, shelter is right 119 00:05:33,839 --> 00:05:36,719 Speaker 2: up there with it. So you have a major assault 120 00:05:36,800 --> 00:05:41,040 Speaker 2: right now on American affordability going into the most critical 121 00:05:41,080 --> 00:05:43,640 Speaker 2: time for retailers in the United States, the fourth quarter, 122 00:05:43,680 --> 00:05:45,960 Speaker 2: when people do Christmas shopping, they buy a lot of clothes, 123 00:05:45,960 --> 00:05:48,960 Speaker 2: Black Friday, Prime Day, all these other things are coming up. 124 00:05:48,960 --> 00:05:51,680 Speaker 2: And if you see even a marginal decrease in their 125 00:05:51,720 --> 00:05:55,000 Speaker 2: overall level of consumer spending, that is going to impact 126 00:05:55,120 --> 00:05:57,400 Speaker 2: the overall economy. And you know, each one of these 127 00:05:57,400 --> 00:05:59,840 Speaker 2: things crystal point one percent point two percent, I mean 128 00:06:00,240 --> 00:06:02,640 Speaker 2: got up. If you have an overall one percent reduction 129 00:06:02,760 --> 00:06:04,960 Speaker 2: in economic growth. That's a ton actually when we only 130 00:06:05,000 --> 00:06:07,480 Speaker 2: supposed to grow at two percent in inflation is I mean, 131 00:06:07,520 --> 00:06:09,560 Speaker 2: who the hell knows what inflation actually is. It could 132 00:06:09,560 --> 00:06:12,120 Speaker 2: be somewhere between four and nine percent depending on the 133 00:06:12,160 --> 00:06:14,120 Speaker 2: way that you look at. At the point though, is that 134 00:06:14,240 --> 00:06:16,360 Speaker 2: all of these are not good news as we head 135 00:06:16,360 --> 00:06:20,200 Speaker 2: into a critical economic time period for the US economy, 136 00:06:20,240 --> 00:06:22,880 Speaker 2: and then politically, it's also a terrible thing for Biden. 137 00:06:22,960 --> 00:06:24,839 Speaker 2: So I really think this is this is you know, 138 00:06:24,880 --> 00:06:27,320 Speaker 2: it's like nineteen seventies all over again. It's like the 139 00:06:27,360 --> 00:06:30,000 Speaker 2: only thing that we're missing, thank god, is high unemployment. 140 00:06:30,000 --> 00:06:33,000 Speaker 2: But unfortunately it's said we still have very high underemployment 141 00:06:33,200 --> 00:06:36,679 Speaker 2: or we have a decrease in overall real wages relative 142 00:06:36,720 --> 00:06:37,279 Speaker 2: to inflation. 143 00:06:37,440 --> 00:06:40,960 Speaker 1: There's also a lot of global signs of trouble. China 144 00:06:41,040 --> 00:06:43,719 Speaker 1: seems to really be in a very difficult position, especially 145 00:06:43,720 --> 00:06:47,120 Speaker 1: with their real estate sector. Europe also has seen growth 146 00:06:47,200 --> 00:06:50,640 Speaker 1: slow much more significantly, and their economies have been struggling 147 00:06:50,680 --> 00:06:53,440 Speaker 1: a lot more than ours has. We've actually been you know, 148 00:06:53,480 --> 00:06:55,719 Speaker 1: outpacing the rest of the world in terms of the 149 00:06:55,760 --> 00:06:58,560 Speaker 1: strength of our economy quote unquote strength of our economy. 150 00:06:58,839 --> 00:07:01,520 Speaker 1: So when you see the sorts of global factors too. 151 00:07:02,040 --> 00:07:04,040 Speaker 1: That's another thing to weigh on you to say, okay, well, 152 00:07:04,040 --> 00:07:05,719 Speaker 1: as some of that coming here as well, are we 153 00:07:05,839 --> 00:07:08,159 Speaker 1: going to be facing the similar struggles that other countries 154 00:07:08,160 --> 00:07:11,280 Speaker 1: around the world are. Just to dig in a little 155 00:07:11,320 --> 00:07:15,160 Speaker 1: bit more on the debt situation for Americans, which has 156 00:07:15,200 --> 00:07:20,280 Speaker 1: been exacerbated as the Pandemic era programs have all gone 157 00:07:20,320 --> 00:07:24,160 Speaker 1: away as interest rates have been on the upward swing 158 00:07:24,360 --> 00:07:26,400 Speaker 1: to try to deal with inflation. But at the same 159 00:07:26,440 --> 00:07:28,880 Speaker 1: time you have inflation which is also making things so 160 00:07:29,000 --> 00:07:32,280 Speaker 1: much more expensive and forcing Americans to take on more debt. 161 00:07:32,800 --> 00:07:35,320 Speaker 1: We've already covered signs of stress there, the fact that 162 00:07:35,360 --> 00:07:37,840 Speaker 1: credit card debt has hit over trillion dollars for the 163 00:07:37,840 --> 00:07:41,480 Speaker 1: first time, But we have another indicator that Americans are 164 00:07:41,520 --> 00:07:44,320 Speaker 1: feeling stressed in terms of their personal finances. Put this 165 00:07:44,440 --> 00:07:47,280 Speaker 1: up on the screen. You now have credit card losses 166 00:07:47,560 --> 00:07:52,840 Speaker 1: rising at the fastest pace since the Great Financial Crisis. 167 00:07:53,240 --> 00:07:56,280 Speaker 1: So what CNBC reports on here is the fact that 168 00:07:56,320 --> 00:07:58,680 Speaker 1: Goldman Sax is predicting credit card losses are going to 169 00:07:58,720 --> 00:08:01,720 Speaker 1: continue to climb through the end of twenty twenty four 170 00:08:01,760 --> 00:08:05,640 Speaker 1: early twenty twenty five. Very unusual that these losses are 171 00:08:05,680 --> 00:08:09,920 Speaker 1: accelerating outside of an economic downturn. Credit card losses currently 172 00:08:10,000 --> 00:08:12,000 Speaker 1: stand at three point six three percent. That is up 173 00:08:12,120 --> 00:08:15,160 Speaker 1: one and a half percentage points from the bottom. So 174 00:08:15,320 --> 00:08:18,480 Speaker 1: the fact that you have this rapid increase in credit 175 00:08:18,520 --> 00:08:21,160 Speaker 1: card losses and that it's happening at this kind of 176 00:08:21,240 --> 00:08:24,040 Speaker 1: unusual time period is really raising a lot of red 177 00:08:24,040 --> 00:08:26,760 Speaker 1: flags for economists. But it makes sense when you put 178 00:08:26,760 --> 00:08:28,560 Speaker 1: it in with that picture that I just painted of 179 00:08:28,560 --> 00:08:30,880 Speaker 1: the fact that Americans were already taking on a lot 180 00:08:30,880 --> 00:08:33,120 Speaker 1: of debt, They're having to try to deal with high 181 00:08:33,120 --> 00:08:35,560 Speaker 1: interest rates, They've had the loss of these programs that 182 00:08:35,600 --> 00:08:38,920 Speaker 1: benefited them, they've had rising prices, and now you add 183 00:08:38,960 --> 00:08:41,560 Speaker 1: on top of that the fact that student loan payments 184 00:08:41,559 --> 00:08:44,480 Speaker 1: are set to restart on October one. According to The 185 00:08:44,520 --> 00:08:47,959 Speaker 1: Wall Street Journal, that restart could divert roughly one hundred 186 00:08:48,080 --> 00:08:52,160 Speaker 1: billion dollars from americans pockets. That's according to an analysis 187 00:08:52,240 --> 00:08:55,400 Speaker 1: from a Wells Fargo economist. It's the first time bars 188 00:08:55,440 --> 00:08:57,880 Speaker 1: will have had to make payments since March of twenty twenty. 189 00:08:58,520 --> 00:09:01,719 Speaker 1: And while you know this is one slice of the economy, 190 00:09:02,040 --> 00:09:06,240 Speaker 1: it has been significant enough that retailers like Walmart Target 191 00:09:06,280 --> 00:09:09,920 Speaker 1: and others have been really raising concerns in their investors 192 00:09:10,000 --> 00:09:13,240 Speaker 1: car calls about what this could mean for spending among 193 00:09:13,320 --> 00:09:16,400 Speaker 1: some of their core consumer groups. So a lot of 194 00:09:16,520 --> 00:09:19,240 Speaker 1: uneasiness about what's going on here. And listen, if you're 195 00:09:19,360 --> 00:09:21,000 Speaker 1: like a normal person out there, none of this is 196 00:09:21,040 --> 00:09:23,200 Speaker 1: going to be surprised to you, because even as the 197 00:09:23,200 --> 00:09:27,760 Speaker 1: top line numbers in terms of unemployment have been relatively strong, 198 00:09:28,240 --> 00:09:31,640 Speaker 1: we know the way that personal finances have been stretched 199 00:09:31,640 --> 00:09:33,840 Speaker 1: and stretched and stretched over the past several years. 200 00:09:33,920 --> 00:09:35,720 Speaker 2: Yeah, that's right. And so actually I'm looking right now 201 00:09:35,760 --> 00:09:37,679 Speaker 2: at the average monthly car payment right now in the 202 00:09:37,760 --> 00:09:41,120 Speaker 2: United States, new car payment seven hundred and twenty eight dollars. 203 00:09:41,200 --> 00:09:43,360 Speaker 2: A used car payment is five hundred and thirty dollars. 204 00:09:43,400 --> 00:09:45,240 Speaker 2: I mean, that's a lot of money that we're talking 205 00:09:45,280 --> 00:09:47,920 Speaker 2: about here. That's more than six grand a year after 206 00:09:48,040 --> 00:09:51,160 Speaker 2: tax income that is being diverted just to people's car notes. 207 00:09:51,200 --> 00:09:54,360 Speaker 2: And so look, you know, I guess it's a broken record, 208 00:09:54,400 --> 00:09:56,319 Speaker 2: but it is one of which I think is so 209 00:09:56,320 --> 00:09:59,760 Speaker 2: so important, is that overall, the personally financial situation of 210 00:09:59,800 --> 00:10:03,040 Speaker 2: the the average American household is vastly worse today than 211 00:10:03,080 --> 00:10:05,120 Speaker 2: it was a couple of years ago, and that is 212 00:10:05,160 --> 00:10:08,079 Speaker 2: going to manifest itself in all sorts of crazy ways 213 00:10:08,120 --> 00:10:10,200 Speaker 2: in terms of how we spend our money, in terms 214 00:10:10,200 --> 00:10:12,120 Speaker 2: of how we think about our politics. And it is 215 00:10:12,120 --> 00:10:14,600 Speaker 2: also why the right track wrong track number is so 216 00:10:15,040 --> 00:10:18,679 Speaker 2: high for President Biden and why his disapproval rating is 217 00:10:18,720 --> 00:10:21,280 Speaker 2: so high as well. You just can't get around it. 218 00:10:21,320 --> 00:10:24,360 Speaker 2: And President Biden just does not seem to have the 219 00:10:24,640 --> 00:10:28,640 Speaker 2: political will or necessity to actually speak to these everyday 220 00:10:28,640 --> 00:10:31,120 Speaker 2: concerns and to say that I'm doing everything I possibly 221 00:10:31,160 --> 00:10:34,120 Speaker 2: can in the immediate immediate term to try to get 222 00:10:34,120 --> 00:10:37,120 Speaker 2: something done with this. And overall that is just hitting 223 00:10:37,120 --> 00:10:39,560 Speaker 2: people very, very hard. I think at a mass like 224 00:10:39,600 --> 00:10:43,240 Speaker 2: sociological and psychic level, which is it's difficult, and you 225 00:10:43,240 --> 00:10:44,959 Speaker 2: can feel it right now in the country. I think 226 00:10:44,960 --> 00:10:47,880 Speaker 2: you can feel the level of dissatisfaction absolutely. 227 00:10:47,920 --> 00:10:50,160 Speaker 1: And I think on the political level, you know, I 228 00:10:50,160 --> 00:10:52,120 Speaker 1: feel like we say this every election, but there's a 229 00:10:52,120 --> 00:10:54,600 Speaker 1: wide open lane for someone who actually promises to deliver 230 00:10:54,679 --> 00:10:58,679 Speaker 1: materially for people, and you know, Biden. Their strategy is 231 00:10:58,720 --> 00:11:01,320 Speaker 1: they're hoping that is still going to be an incredibly 232 00:11:01,320 --> 00:11:04,880 Speaker 1: salient issue probably will right They're hoping that, you know, 233 00:11:04,960 --> 00:11:07,360 Speaker 1: the fact that people hate Donald Trump is going to 234 00:11:07,400 --> 00:11:09,800 Speaker 1: be a salient issue. I'm sure it will be, and 235 00:11:09,840 --> 00:11:12,120 Speaker 1: they're hoping that that is going to be enough. That's 236 00:11:12,160 --> 00:11:13,920 Speaker 1: what they leaned on last time, and look it worked. 237 00:11:14,000 --> 00:11:15,880 Speaker 1: It's what they leaned on in the midterms, and look 238 00:11:15,960 --> 00:11:18,520 Speaker 1: it worked. So it's not like it's a crazy strategy. 239 00:11:18,960 --> 00:11:21,760 Speaker 1: But when you're looking at the polls that have a 240 00:11:22,280 --> 00:11:25,600 Speaker 1: best tide and that one that we covered yesterday outlier 241 00:11:25,600 --> 00:11:27,880 Speaker 1: that had Trump up by ten, which again I don't believe, 242 00:11:28,240 --> 00:11:30,120 Speaker 1: but the fact that you can even have a poll 243 00:11:30,200 --> 00:11:33,720 Speaker 1: that says that indicates maybe you need to do a 244 00:11:33,760 --> 00:11:35,920 Speaker 1: little bit more than what you've been doing. Maybe you 245 00:11:35,960 --> 00:11:39,960 Speaker 1: need to actually have an affirmative economic agenda that is 246 00:11:39,960 --> 00:11:42,120 Speaker 1: going to deliver for people in the immediate term. And 247 00:11:42,160 --> 00:11:44,400 Speaker 1: now I've talked about how the industrial policy and some 248 00:11:44,440 --> 00:11:46,760 Speaker 1: of these bigger picture things like you know, his support 249 00:11:46,800 --> 00:11:48,880 Speaker 1: for labor rights. I think that's really important for the 250 00:11:48,880 --> 00:11:51,640 Speaker 1: economy for the mid term, for the medium term, and 251 00:11:51,720 --> 00:11:53,280 Speaker 1: also for the long term, and is going to be 252 00:11:53,320 --> 00:11:56,560 Speaker 1: really delivering for workers over that period. We had to 253 00:11:56,559 --> 00:11:58,360 Speaker 1: talk about the here and now, what have you done 254 00:11:58,400 --> 00:12:01,439 Speaker 1: for me lately? I don't hear any firmative economic agenda 255 00:12:01,679 --> 00:12:04,600 Speaker 1: from Actually what I hear from Trump is negative because 256 00:12:04,600 --> 00:12:06,960 Speaker 1: they want to cut corporate taxes and go back to 257 00:12:07,000 --> 00:12:09,720 Speaker 1: that well and do even more in that direction. From Biden, 258 00:12:09,760 --> 00:12:12,040 Speaker 1: I just really don't hear any firmative economic vision at all. 259 00:12:12,120 --> 00:12:16,439 Speaker 2: Great economic policy is made where it both provides short 260 00:12:16,559 --> 00:12:19,840 Speaker 2: term relief and cash injection or not even just cash 261 00:12:19,840 --> 00:12:22,320 Speaker 2: injection cat tax cut. It depends on I'm not in 262 00:12:22,360 --> 00:12:24,640 Speaker 2: the current term. I'm talking about in the past, but 263 00:12:24,840 --> 00:12:27,480 Speaker 2: also long term economic design. I talked to a lot 264 00:12:27,520 --> 00:12:30,440 Speaker 2: of yesterday, So I've been thinking about the Kennedy tax bill, 265 00:12:30,480 --> 00:12:34,000 Speaker 2: which shaved the income tax but also actually overall boomed 266 00:12:34,040 --> 00:12:37,079 Speaker 2: the economy from nineteen sixty four, which made it both 267 00:12:37,120 --> 00:12:40,720 Speaker 2: an immediate cut which boosted consumer spending, but provided a 268 00:12:40,760 --> 00:12:42,920 Speaker 2: lot of the economic growth that we saw throughout the 269 00:12:43,000 --> 00:12:45,960 Speaker 2: nineteen sixties. And that was at a time of deliberative 270 00:12:46,000 --> 00:12:48,480 Speaker 2: process where people actually thought about this stuff, They had 271 00:12:48,480 --> 00:12:51,280 Speaker 2: real ideas, and it was like a time not only 272 00:12:51,320 --> 00:12:53,400 Speaker 2: to it was a time where they would both use 273 00:12:53,480 --> 00:12:56,840 Speaker 2: the political reality with design and in the future. And unfortunately, 274 00:12:56,920 --> 00:12:59,080 Speaker 2: I think we really have lost a lot of that. 275 00:12:59,200 --> 00:13:01,080 Speaker 2: The more that we think about it and the way 276 00:13:01,120 --> 00:13:04,360 Speaker 2: that our policy is being designed right now, fly by wire, 277 00:13:04,520 --> 00:13:07,440 Speaker 2: is just so ridiculous and stupid, and that just you know, 278 00:13:07,520 --> 00:13:09,679 Speaker 2: comes and want to underscore again just because we are 279 00:13:09,679 --> 00:13:11,679 Speaker 2: on the verge of it. We are almost certain now 280 00:13:11,679 --> 00:13:14,240 Speaker 2: to have a government shutdown. Every person that I have seen, 281 00:13:14,559 --> 00:13:17,160 Speaker 2: just from a pure timeline level, it doesn't seem possible 282 00:13:17,200 --> 00:13:19,080 Speaker 2: crystal for them to be able to get out of this, 283 00:13:19,200 --> 00:13:23,160 Speaker 2: even if the Senate does pass a continuing resolution which 284 00:13:23,200 --> 00:13:25,439 Speaker 2: is able to get through the House of Representatives through 285 00:13:25,480 --> 00:13:27,920 Speaker 2: some sort of discharge petition and all of that. Just 286 00:13:27,960 --> 00:13:30,560 Speaker 2: from a pure time like time on the floor, it's 287 00:13:30,600 --> 00:13:33,400 Speaker 2: September twenty sixth, we're filming this right now. The government 288 00:13:33,440 --> 00:13:36,760 Speaker 2: funding expires October one at twelve oh one am. That's 289 00:13:36,760 --> 00:13:38,440 Speaker 2: just not enough time, you know, to pass these types 290 00:13:38,480 --> 00:13:40,560 Speaker 2: of bills. And that's without any of the political fights 291 00:13:40,559 --> 00:13:42,439 Speaker 2: that are happening. So that is going to impact the 292 00:13:42,480 --> 00:13:44,640 Speaker 2: economy because not only federal I mean the federal government 293 00:13:44,720 --> 00:13:46,880 Speaker 2: is the largest employer in the United States, but so 294 00:13:46,920 --> 00:13:49,240 Speaker 2: that just no paychecks that are going out there. But 295 00:13:49,320 --> 00:13:51,640 Speaker 2: on top of that, there's a lot of other alternative 296 00:13:51,679 --> 00:13:54,960 Speaker 2: programs that people rely on. For the Feds for services, 297 00:13:55,000 --> 00:13:57,440 Speaker 2: even tourism we remember last time, like the National Park 298 00:13:57,480 --> 00:14:00,240 Speaker 2: Service shutdown, stuff like that, all of that and lead 299 00:14:00,280 --> 00:14:02,120 Speaker 2: into overall economic conditions. 300 00:14:02,360 --> 00:14:05,600 Speaker 1: Yeah, indeed, all right, So let's transition into the way 301 00:14:05,640 --> 00:14:08,640 Speaker 1: that current president and former president are trying to signal 302 00:14:08,720 --> 00:14:11,400 Speaker 1: their support for working class people this week. We do 303 00:14:11,480 --> 00:14:14,440 Speaker 1: have a historic event today with President Biden showing up 304 00:14:14,480 --> 00:14:17,840 Speaker 1: at the picket line, expected to arrive in Wayne County, 305 00:14:17,880 --> 00:14:22,320 Speaker 1: Michigan to join workers there striking workers around noon today. 306 00:14:22,840 --> 00:14:25,880 Speaker 1: UAW President Jean Fain is expected to join him on 307 00:14:25,960 --> 00:14:28,840 Speaker 1: the picket line. As we said, first time that we 308 00:14:28,880 --> 00:14:30,840 Speaker 1: know of that. Labor historians can figure out that a 309 00:14:30,880 --> 00:14:33,320 Speaker 1: president has ever done this, which I think is a 310 00:14:33,360 --> 00:14:37,080 Speaker 1: real reflection of the way that the politics around labor 311 00:14:37,400 --> 00:14:41,240 Speaker 1: unions and corporate power have dramatically shifted in just a 312 00:14:41,240 --> 00:14:44,840 Speaker 1: few years time, and hugely accelerated by the pandemic. So 313 00:14:45,120 --> 00:14:47,800 Speaker 1: you have Biden making that trek there today, you have 314 00:14:47,920 --> 00:14:51,440 Speaker 1: former President Trump speaking to workers also in Michigan in 315 00:14:51,560 --> 00:14:54,600 Speaker 1: a neighboring county, sort of trying to counter program the 316 00:14:55,160 --> 00:14:57,720 Speaker 1: Republican debate that's going to be going on. He's going 317 00:14:57,760 --> 00:15:00,480 Speaker 1: to be trashing the Biden ev Agena. So far, his 318 00:15:00,560 --> 00:15:03,520 Speaker 1: tactic has been to sort of like trash quote unquote 319 00:15:03,600 --> 00:15:07,000 Speaker 1: union bosses, but also trash the Biden ev transition and 320 00:15:07,000 --> 00:15:08,920 Speaker 1: claim that, you know, he's the one who will really 321 00:15:08,960 --> 00:15:11,680 Speaker 1: help workers because he opposes all of that. So you've 322 00:15:11,680 --> 00:15:15,160 Speaker 1: got those rival visions at the same time. One of 323 00:15:15,280 --> 00:15:19,080 Speaker 1: the big conversations that has come out of the auto 324 00:15:19,080 --> 00:15:21,520 Speaker 1: workers strike, and one of the things they've been talking 325 00:15:21,520 --> 00:15:25,920 Speaker 1: about a lot, understandably, is how wildly out of step 326 00:15:26,160 --> 00:15:30,440 Speaker 1: ceo pay at the Big three automakers has been versus 327 00:15:30,680 --> 00:15:33,760 Speaker 1: median worker pay. Put this up on the screen. You 328 00:15:33,920 --> 00:15:37,520 Speaker 1: know it's bad when even the Wall Street Journal is like, hey, 329 00:15:37,760 --> 00:15:42,600 Speaker 1: auto CEOs maybe making three hundred times what workers make 330 00:15:42,760 --> 00:15:45,080 Speaker 1: is a little bit over the top. So they did 331 00:15:45,160 --> 00:15:47,880 Speaker 1: what is actually a very useful analysis of where the 332 00:15:47,920 --> 00:15:52,840 Speaker 1: Big three automakers stand versus other large corporations in terms 333 00:15:52,960 --> 00:15:57,040 Speaker 1: of their executive compensation, and what they find is lo 334 00:15:57,200 --> 00:16:01,840 Speaker 1: and behold. Even in an era when corporate executives typically 335 00:16:01,920 --> 00:16:06,480 Speaker 1: pake wildly astronomical salaries as opposed to the workers, even 336 00:16:06,600 --> 00:16:10,360 Speaker 1: in that era, the Big Three stand out for just 337 00:16:10,440 --> 00:16:14,680 Speaker 1: how much their CEOs make versus what the median workers make. 338 00:16:15,000 --> 00:16:18,360 Speaker 1: So they also point to the fact that wage gains 339 00:16:18,360 --> 00:16:20,960 Speaker 1: for rank and file employees have not actually kept pace 340 00:16:21,280 --> 00:16:24,680 Speaker 1: with inflation. Rank and file employees have taken a pay 341 00:16:24,760 --> 00:16:29,080 Speaker 1: cut when you account for inflation. Meanwhile, over that same period, 342 00:16:29,280 --> 00:16:33,400 Speaker 1: CEO pay has gone up by forty percent. So that 343 00:16:33,600 --> 00:16:37,720 Speaker 1: is why these auto workers, among a host of reasons, 344 00:16:37,800 --> 00:16:41,160 Speaker 1: are calling for significant pay increases because they have actually 345 00:16:41,200 --> 00:16:45,680 Speaker 1: fallen way behind in terms of their salaries. So let's 346 00:16:45,720 --> 00:16:47,960 Speaker 1: take a look at some of the specifics. Here Ford's 347 00:16:48,000 --> 00:16:51,640 Speaker 1: CEO last year earned around twenty one million dollars. That's 348 00:16:51,720 --> 00:16:55,960 Speaker 1: two hundred and eighty one times the company's median employee earnings, 349 00:16:55,960 --> 00:16:58,680 Speaker 1: and that's actually the lowest ratio of the Big three. 350 00:16:59,080 --> 00:17:03,040 Speaker 1: Over at General Mode, Mary Vera made twenty nine million 351 00:17:03,080 --> 00:17:05,240 Speaker 1: dollars last year, that was three hundred and sixty two 352 00:17:05,359 --> 00:17:09,960 Speaker 1: times the median employee earnings. And over at Stalantis, the 353 00:17:10,000 --> 00:17:13,080 Speaker 1: global parent of Chrysler, Dodge and other brands, their CEO 354 00:17:13,200 --> 00:17:15,919 Speaker 1: last year made around twenty five million, or three hundred 355 00:17:16,000 --> 00:17:21,439 Speaker 1: and sixty five times the average employee pay. So even 356 00:17:21,480 --> 00:17:24,800 Speaker 1: when you account for you know what other large corporations 357 00:17:24,800 --> 00:17:27,440 Speaker 1: are doing, the Big three are at the top end 358 00:17:27,640 --> 00:17:32,359 Speaker 1: of those pay ratios with their executives wildly out earning 359 00:17:32,440 --> 00:17:35,040 Speaker 1: by three hundred times what the typical worker is. 360 00:17:35,200 --> 00:17:36,800 Speaker 2: One of the reasons I always feel like I'm taking 361 00:17:36,800 --> 00:17:39,439 Speaker 2: crazy pills on this is that we talk in percentages 362 00:17:39,520 --> 00:17:42,560 Speaker 2: and sometimes we don't even just deal in outright dollar figures. So, 363 00:17:43,240 --> 00:17:47,520 Speaker 2: for example, under the current contract, the UAW starts at 364 00:17:47,600 --> 00:17:51,560 Speaker 2: eighteen dollars an hour at an annualized basis, that is 365 00:17:51,640 --> 00:17:55,160 Speaker 2: thirty seven thousand, four hundred and forty dollars per year. 366 00:17:55,640 --> 00:17:59,520 Speaker 2: You please please tell me a city in this country 367 00:17:59,720 --> 00:18:02,679 Speaker 2: that you can quote unquote make it on at thirty 368 00:18:02,720 --> 00:18:05,600 Speaker 2: seven thousand, four hundred and forty dollars per year. I 369 00:18:05,600 --> 00:18:07,800 Speaker 2: don't even think you could be a normal renter without 370 00:18:07,840 --> 00:18:10,679 Speaker 2: penny pinching at that salary. At the top, they can 371 00:18:10,720 --> 00:18:12,880 Speaker 2: make up to thirty two dollars an hour. Thirty two 372 00:18:12,920 --> 00:18:15,840 Speaker 2: dollars an hour is sixty six thousand, five hundred and 373 00:18:15,920 --> 00:18:19,400 Speaker 2: sixty dollars per year. That is less than the overall 374 00:18:19,480 --> 00:18:23,080 Speaker 2: average household income in the United States at seventy thousand. 375 00:18:23,240 --> 00:18:25,679 Speaker 2: So what are these people asking for? Okay, we can 376 00:18:25,720 --> 00:18:28,240 Speaker 2: do a little bit of math. Thirty seven thousand dollars 377 00:18:28,359 --> 00:18:31,200 Speaker 2: at a thirty percent pay increase is how much. It's 378 00:18:31,240 --> 00:18:35,200 Speaker 2: around forty something thousand dollars per year. That seems eminently 379 00:18:35,400 --> 00:18:39,840 Speaker 2: reasonable for a skilled position of a unionized hounor worker. 380 00:18:40,040 --> 00:18:42,800 Speaker 2: Same whenever we do sixty six thousand, we are just 381 00:18:42,960 --> 00:18:47,639 Speaker 2: pegging slightly above the overall average household income in the 382 00:18:47,760 --> 00:18:50,359 Speaker 2: United States. So when you put it that way, I 383 00:18:50,400 --> 00:18:53,119 Speaker 2: mean it completely falls apart, right, Crystal. When we're talking 384 00:18:53,119 --> 00:18:56,680 Speaker 2: about we're talking about bargaining so that the top wage 385 00:18:57,119 --> 00:19:01,119 Speaker 2: gets you to near average in the US, and I 386 00:19:01,119 --> 00:19:06,000 Speaker 2: think that's fine. The UAW and workers, specifically auto workers, 387 00:19:06,040 --> 00:19:09,280 Speaker 2: where the bedrock of the American middle class. The idea 388 00:19:09,320 --> 00:19:11,199 Speaker 2: of the middle class was so you earn about a 389 00:19:11,280 --> 00:19:14,760 Speaker 2: household income, and on set household income, you could mostly 390 00:19:14,760 --> 00:19:16,920 Speaker 2: make it. Now, to be honest, even seventy five thousand 391 00:19:16,960 --> 00:19:19,240 Speaker 2: dollars for a family of four, you're not going to 392 00:19:19,280 --> 00:19:21,600 Speaker 2: go very far. You could maybe scrape by with some 393 00:19:21,720 --> 00:19:24,679 Speaker 2: rent in a not a particularly nice house, but you know, 394 00:19:24,720 --> 00:19:27,600 Speaker 2: you can ish make it. You could probably save up 395 00:19:27,720 --> 00:19:30,040 Speaker 2: enough to put your kid through like community college. But 396 00:19:30,200 --> 00:19:33,760 Speaker 2: we're not talking about like high end fly five flying wages. 397 00:19:33,840 --> 00:19:36,680 Speaker 2: You're not traveling, you're vacation at seventy thousand dollars a year, 398 00:19:36,680 --> 00:19:38,359 Speaker 2: you're driving a Disney World like if you want to 399 00:19:38,400 --> 00:19:40,760 Speaker 2: make sure that you're not get taken out any debt. 400 00:19:40,840 --> 00:19:42,600 Speaker 2: So that's at the top end of the spectrum. I 401 00:19:42,640 --> 00:19:44,960 Speaker 2: just think we should again talk in real terms. And 402 00:19:45,000 --> 00:19:47,280 Speaker 2: even this three hundred and sixty five number, it's not 403 00:19:47,320 --> 00:19:50,720 Speaker 2: particularly useful when you until you think again in the 404 00:19:50,800 --> 00:19:54,520 Speaker 2: overall dollar figure, we're talking about twenty twenty five thirty 405 00:19:54,920 --> 00:19:58,199 Speaker 2: million dollars in a single year. Now, obviously, yes, I 406 00:19:58,280 --> 00:20:01,280 Speaker 2: understand there's a big difference between stock compensation any more, 407 00:20:01,359 --> 00:20:03,399 Speaker 2: but I also don't even think it's just as useful 408 00:20:03,440 --> 00:20:06,240 Speaker 2: to just focus in on CEO pay. Let's talk about 409 00:20:06,240 --> 00:20:09,840 Speaker 2: executive pay. The fact is the executives are all rewarded 410 00:20:09,880 --> 00:20:13,040 Speaker 2: and overall cash bonuses or sorry, in stock bonuses. And 411 00:20:13,119 --> 00:20:16,320 Speaker 2: the problem is is that these companies have financially engineered 412 00:20:16,320 --> 00:20:19,359 Speaker 2: themselves such that they use huge portions of their money 413 00:20:19,440 --> 00:20:22,639 Speaker 2: to buy back their own stock inflate the overall value, 414 00:20:22,880 --> 00:20:25,440 Speaker 2: and then said value goes right back into their pockets, 415 00:20:25,480 --> 00:20:28,120 Speaker 2: which they get to realize that grains. And even if 416 00:20:28,119 --> 00:20:31,080 Speaker 2: this is the greatest scam in all of America, even 417 00:20:31,080 --> 00:20:34,280 Speaker 2: if they don't realize. Guys like CEOs, Let's say they 418 00:20:34,280 --> 00:20:36,720 Speaker 2: have all this stock that's just sitting in their bank. 419 00:20:36,840 --> 00:20:40,119 Speaker 2: They can take cash loans at very very low rates 420 00:20:40,320 --> 00:20:43,240 Speaker 2: from their high net worth bankers, and they can live 421 00:20:43,280 --> 00:20:46,920 Speaker 2: off set cash and never pay one dime on that 422 00:20:47,080 --> 00:20:50,760 Speaker 2: as attacks. So it's like a perpetual motion machine that 423 00:20:50,800 --> 00:20:54,919 Speaker 2: these people have created to live multi gajillion dollar lifestyles. 424 00:20:55,160 --> 00:21:00,440 Speaker 2: The people who are forwarded shareholders, GM, Stilantis, all these people, 425 00:21:00,480 --> 00:21:04,600 Speaker 2: they're doing fine, but the overall workforce is making well below, 426 00:21:04,920 --> 00:21:08,679 Speaker 2: even at the top rate, what the average household income is. 427 00:21:08,840 --> 00:21:11,320 Speaker 2: When you put it that way, every American would be like, 428 00:21:11,320 --> 00:21:13,520 Speaker 2: all right, I'm cool with this. Yeah, It's just, you know, 429 00:21:13,560 --> 00:21:15,480 Speaker 2: the way we phrase and talk about all these things, 430 00:21:15,840 --> 00:21:19,480 Speaker 2: it misses any of the like the brass tacks reality. 431 00:21:19,520 --> 00:21:22,480 Speaker 2: Can you actually pay a freaking mortgage for your family 432 00:21:22,760 --> 00:21:26,160 Speaker 2: on the top salary that I mean, Look, we talked 433 00:21:26,160 --> 00:21:29,760 Speaker 2: about mortgage payments. Good luck at two three hundred dollars 434 00:21:30,040 --> 00:21:33,240 Speaker 2: at an average mortgage price somewhere even in Michigan, even 435 00:21:33,240 --> 00:21:35,240 Speaker 2: in the heartland. Now at this point, what's the overall 436 00:21:35,280 --> 00:21:38,000 Speaker 2: average price house Maybe four hundred fifty thousand, five hundred thousand, 437 00:21:38,160 --> 00:21:39,800 Speaker 2: and that's if you're lucky enough to have one hundred 438 00:21:39,840 --> 00:21:42,480 Speaker 2: grand down, you don't have to pay PMI. So you 439 00:21:42,520 --> 00:21:45,560 Speaker 2: put all these things together once again, I don't think 440 00:21:45,600 --> 00:21:46,760 Speaker 2: it's a very difficult conversation. 441 00:21:46,880 --> 00:21:49,960 Speaker 1: Now, this is what CNBC was calling the politics. 442 00:21:49,440 --> 00:21:52,440 Speaker 2: Of NB Yes, but that's not even envy, that's just normality. 443 00:21:52,600 --> 00:21:56,440 Speaker 1: I mean, it's the politics of like basic fairness and 444 00:21:56,520 --> 00:21:59,719 Speaker 1: having a functional society. One thing that has been extremely 445 00:21:59,760 --> 00:22:03,080 Speaker 1: hard to me, though, is as this strike has progressed, 446 00:22:03,600 --> 00:22:07,480 Speaker 1: the American people's support for it has actually only gotten stronger. 447 00:22:07,800 --> 00:22:10,600 Speaker 1: So there's a new poll out that shows a shift 448 00:22:10,680 --> 00:22:12,959 Speaker 1: in favor of the workers. Now you have sixty two 449 00:22:13,080 --> 00:22:16,440 Speaker 1: percent of the country actively standing behind the union. That's 450 00:22:16,520 --> 00:22:20,160 Speaker 1: up from fifty five percent in this Data for Progress 451 00:22:20,160 --> 00:22:24,280 Speaker 1: poll just one week prior. So in spite of all 452 00:22:24,400 --> 00:22:26,879 Speaker 1: of the propaganda that you hear about all the politics 453 00:22:26,880 --> 00:22:29,199 Speaker 1: of envy and all these workers are asking for too much, 454 00:22:29,240 --> 00:22:31,520 Speaker 1: et cetera, et cetera, In spite of what is literally 455 00:22:31,680 --> 00:22:36,359 Speaker 1: decades of propaganda trying to indoctrinate the American people into 456 00:22:36,400 --> 00:22:41,399 Speaker 1: believing that rank and file workers do not deserve a 457 00:22:41,440 --> 00:22:44,760 Speaker 1: middle class living people aren't buying it, and that, to 458 00:22:44,840 --> 00:22:48,120 Speaker 1: me is one of the most heartening, most extraordinary things 459 00:22:48,119 --> 00:22:51,280 Speaker 1: that is happening right now. Is in spite of all 460 00:22:51,320 --> 00:22:53,239 Speaker 1: the money that's been spent on the other side of this, 461 00:22:53,760 --> 00:22:56,439 Speaker 1: all of the years of media propaganda, all of the 462 00:22:56,480 --> 00:22:59,399 Speaker 1: bias coverage, all of the bearing and smearing of working 463 00:22:59,400 --> 00:23:01,919 Speaker 1: class people, in spite of all of that, the American 464 00:23:01,960 --> 00:23:05,040 Speaker 1: people are not buying it, and that is the most 465 00:23:05,040 --> 00:23:07,480 Speaker 1: beautiful thing to behold here now. I will say, we're 466 00:23:07,480 --> 00:23:11,480 Speaker 1: starting to see some dirty tricks from the companies themselves. 467 00:23:12,240 --> 00:23:15,160 Speaker 1: One of them announced that they're shutting down a battery 468 00:23:15,200 --> 00:23:17,440 Speaker 1: plan as sort of like a veiled threat. The UAW 469 00:23:17,600 --> 00:23:19,840 Speaker 1: is calling them out for this. Those are the sorts 470 00:23:19,840 --> 00:23:22,720 Speaker 1: of tactics that they will deploy. But I think the 471 00:23:22,760 --> 00:23:26,240 Speaker 1: fact that you already have forward giving some significant ground. 472 00:23:26,240 --> 00:23:28,679 Speaker 1: They're not all the way there, but some significant ground 473 00:23:28,760 --> 00:23:32,480 Speaker 1: in terms of concessions, the fact that you had pilots 474 00:23:32,520 --> 00:23:37,200 Speaker 1: and you had teamsters, ups drivers make significant gains from 475 00:23:37,240 --> 00:23:40,600 Speaker 1: their own labor activity. I think these auto workers, with 476 00:23:40,800 --> 00:23:43,919 Speaker 1: the president coming today and with the former president showing 477 00:23:44,000 --> 00:23:47,159 Speaker 1: up for whatever reason tomorrow, I think they are in 478 00:23:47,160 --> 00:23:50,159 Speaker 1: a very strong position of leverage, and I'm hopeful that 479 00:23:50,200 --> 00:23:52,000 Speaker 1: they're going to be able to actually secure a good deal, 480 00:23:52,040 --> 00:23:54,679 Speaker 1: which matters not just for them, it matters for the 481 00:23:54,720 --> 00:23:58,240 Speaker 1: whole auto industry. It matters for our conception of what 482 00:23:58,359 --> 00:24:00,800 Speaker 1: working people deserve and are able to ask for and 483 00:24:00,840 --> 00:24:03,720 Speaker 1: demand when they band together. So we obviously are going 484 00:24:03,800 --> 00:24:05,080 Speaker 1: to keep a close close eye on it. 485 00:24:05,200 --> 00:24:05,640 Speaker 4: That's right. 486 00:24:08,480 --> 00:24:10,360 Speaker 2: So why don't we talk a little bit about corruption, 487 00:24:10,560 --> 00:24:14,200 Speaker 2: and why don't we talk about overpaid useless folks. One 488 00:24:14,240 --> 00:24:17,600 Speaker 2: of those is Senator Bob Menendez. Not overpaid by us 489 00:24:17,680 --> 00:24:21,240 Speaker 2: the taxpayer, overpaid by the people bribing him with straight 490 00:24:21,320 --> 00:24:24,200 Speaker 2: up gold bars allegedly by the way, for Bob's lawyers. 491 00:24:24,320 --> 00:24:28,119 Speaker 2: He had the most incredible defense I have ever seen 492 00:24:28,520 --> 00:24:31,840 Speaker 2: about why I had all of this cash stuffed in 493 00:24:31,880 --> 00:24:36,439 Speaker 2: his envelopes, stuffed in his jacket pockets bearing the Senate 494 00:24:36,480 --> 00:24:39,320 Speaker 2: insignia and his name. I'm not even going to tease it. 495 00:24:39,440 --> 00:24:40,080 Speaker 2: Take a lesson. 496 00:24:40,440 --> 00:24:43,280 Speaker 5: I firmly believe that when all the facts are presented, 497 00:24:43,840 --> 00:24:46,840 Speaker 5: not only will I be exonerated, but I still will 498 00:24:46,880 --> 00:24:50,160 Speaker 5: be the New Jersey's senior Senator. For now, I want 499 00:24:50,160 --> 00:24:56,000 Speaker 5: to address four things. First, A cornerstone of the foundation 500 00:24:56,920 --> 00:25:02,080 Speaker 5: of American democracy and our justice is the principle that 501 00:25:02,200 --> 00:25:07,840 Speaker 5: all people are presumed innocent until proven guilty. All people. 502 00:25:08,840 --> 00:25:13,919 Speaker 5: I ask for nothing more and deserve nothing less. The 503 00:25:14,000 --> 00:25:17,760 Speaker 5: court of public opinion is no substitute for our revere 504 00:25:17,920 --> 00:25:22,680 Speaker 5: justice system. We cannot set aside the presumption of innocence 505 00:25:22,720 --> 00:25:29,080 Speaker 5: for political expediency when the harm is irrevocable. To those 506 00:25:29,080 --> 00:25:31,600 Speaker 5: who have rushed to judgment, you have done so based 507 00:25:31,640 --> 00:25:35,000 Speaker 5: on a limited set of facts, framed by the prosecution 508 00:25:35,520 --> 00:25:41,080 Speaker 5: to be as salacious as possible. Remember, prosecutors get it 509 00:25:41,160 --> 00:25:46,919 Speaker 5: wrong sometimes. Sadly, I know that instead of waiting for 510 00:25:47,000 --> 00:25:50,159 Speaker 5: all the facts to be presented, others have rushed to 511 00:25:50,280 --> 00:25:55,439 Speaker 5: judgment because they see a political opportunity for themselves or 512 00:25:55,520 --> 00:25:59,760 Speaker 5: those around them. All I humbly ask for in this moment, 513 00:26:00,320 --> 00:26:03,119 Speaker 5: in my colleagues in Congress, the elected leaders and the 514 00:26:03,160 --> 00:26:06,600 Speaker 5: advocates of New Jersey that I have worked with for years, 515 00:26:07,359 --> 00:26:09,840 Speaker 5: as well as each person who calls New Jersey home, 516 00:26:10,480 --> 00:26:14,040 Speaker 5: is to pause and allow for all the facts to 517 00:26:14,080 --> 00:26:19,879 Speaker 5: be presented. Third, for thirty years, I have withdrawn thousands 518 00:26:19,960 --> 00:26:24,440 Speaker 5: of dollars in cash from my personal savings account, which 519 00:26:24,480 --> 00:26:27,720 Speaker 5: I have kept for emergencies and because of the history 520 00:26:28,080 --> 00:26:31,600 Speaker 5: of my family facing confiscation in Cuba. Now this may 521 00:26:31,640 --> 00:26:35,320 Speaker 5: seem old fashioned, but these were moneies drawn from my 522 00:26:35,480 --> 00:26:39,000 Speaker 5: personal savings account based on the income that I have 523 00:26:39,200 --> 00:26:43,800 Speaker 5: lawfully derived over those thirty years. I look forward to 524 00:26:43,800 --> 00:26:45,160 Speaker 5: addressing other issues at trial. 525 00:26:45,359 --> 00:26:49,240 Speaker 2: So Crystal, his excuse is he's Cuban. Because I am Cuban, 526 00:26:49,480 --> 00:26:52,560 Speaker 2: I withdraw large amounts of cash. You know why this 527 00:26:52,800 --> 00:26:56,639 Speaker 2: particularly offensive. Guess what, Crystal, His family emigrated to the 528 00:26:56,720 --> 00:27:00,160 Speaker 2: United States. When do you think nineteen fifty three? Does 529 00:27:00,160 --> 00:27:02,439 Speaker 2: anybody want to tell me when Fidel Castro came to 530 00:27:02,480 --> 00:27:06,440 Speaker 2: power nineteen fifty nine, Aka, he came to this country 531 00:27:06,640 --> 00:27:12,560 Speaker 2: under Batista's rule, not under Fidel Castro. So it's just 532 00:27:12,760 --> 00:27:16,880 Speaker 2: miraculous that his parents came to this country six years 533 00:27:16,920 --> 00:27:20,320 Speaker 2: prior to the communist takeover, and that he learned through 534 00:27:20,359 --> 00:27:24,000 Speaker 2: their legacy of leaving Cuba under a non communist to 535 00:27:24,119 --> 00:27:27,600 Speaker 2: withdraw massive amounts of cash. I will say this one 536 00:27:27,640 --> 00:27:29,760 Speaker 2: reason why I'm happy that he said, this is the 537 00:27:29,800 --> 00:27:32,040 Speaker 2: easiest thing in the world to check. Okay, fine, you 538 00:27:32,080 --> 00:27:33,920 Speaker 2: took out x amount, Let's go check the bank. The 539 00:27:33,960 --> 00:27:37,040 Speaker 2: bank easy as hell? Yeah, right. Also, if he was 540 00:27:37,080 --> 00:27:39,679 Speaker 2: withdrawing that amount of cash from his bank. You know, 541 00:27:39,760 --> 00:27:42,800 Speaker 2: the bank is supposed to alert the FEDS to that. 542 00:27:43,080 --> 00:27:45,160 Speaker 2: Like if you or I walk into a bank, if 543 00:27:45,160 --> 00:27:47,360 Speaker 2: you or I who's not or anyone named not named 544 00:27:47,440 --> 00:27:50,199 Speaker 2: Jeffrey Epstein were to walk into a cash into a 545 00:27:50,200 --> 00:27:52,080 Speaker 2: bank and withdraw anything more than I think it's like 546 00:27:52,080 --> 00:27:56,160 Speaker 2: ten thousand and one dollars, then they have to immediately 547 00:27:56,160 --> 00:27:59,479 Speaker 2: alert the FEDS. Now, I mean, look, once again, they 548 00:27:59,520 --> 00:28:02,199 Speaker 2: have easy access to his bank records. You can just 549 00:28:02,280 --> 00:28:04,439 Speaker 2: check it. Be like, all right, as he withdrawn x 550 00:28:04,440 --> 00:28:06,600 Speaker 2: amount of cash, well does he have said amount of 551 00:28:06,600 --> 00:28:08,600 Speaker 2: cash in his pockets? If it's more than that, where 552 00:28:08,640 --> 00:28:11,000 Speaker 2: did the cash come from? Even if he didn't take 553 00:28:11,000 --> 00:28:12,959 Speaker 2: it from a bribe, which again they found the DNA 554 00:28:13,040 --> 00:28:16,000 Speaker 2: of the person allegedly bribing him on st cash. Well 555 00:28:16,200 --> 00:28:18,280 Speaker 2: you didn't report it to the IRS. And that's a 556 00:28:18,280 --> 00:28:20,439 Speaker 2: crime too. I mean, you know, we should all just 557 00:28:20,480 --> 00:28:24,040 Speaker 2: start using our ethnic heritage's defense should the IRS ever come. 558 00:28:24,320 --> 00:28:26,159 Speaker 2: Like the RS comes from me. Oh, I'm Indian. You know, 559 00:28:26,200 --> 00:28:29,879 Speaker 2: we we're real penny pintures. That's that's the actual It's like, 560 00:28:30,119 --> 00:28:31,280 Speaker 2: what are we talking about it? 561 00:28:31,480 --> 00:28:34,600 Speaker 1: I wonder if his Cuban heritage also led him to 562 00:28:34,680 --> 00:28:37,560 Speaker 1: store random gold bars in his house, which, by the way, 563 00:28:37,560 --> 00:28:40,160 Speaker 1: he got asked a question about and did not deferred 564 00:28:40,240 --> 00:28:44,120 Speaker 1: answer that one. This wave that went away. Producer Mac 565 00:28:44,440 --> 00:28:48,800 Speaker 1: was analogizing this to when Cuomo was saying that he's 566 00:28:48,840 --> 00:28:49,840 Speaker 1: not a sexual harasser. 567 00:28:49,880 --> 00:28:51,280 Speaker 2: He's just Italian. He's just Italian. 568 00:28:51,360 --> 00:28:54,560 Speaker 1: So here we got menandez he he's not corrupt, He's 569 00:28:54,600 --> 00:28:56,880 Speaker 1: just Cuban. He's just Cuban guys, this is what Cubans do. 570 00:28:57,120 --> 00:29:01,120 Speaker 2: These are the most shameless people who have evern Now. 571 00:29:01,440 --> 00:29:04,760 Speaker 1: I think it's worth noting and also sort of encouraging. 572 00:29:05,200 --> 00:29:08,160 Speaker 1: No other politicians would stand by. I'm at this press conference, 573 00:29:08,200 --> 00:29:11,360 Speaker 1: and I know that he tried. He definitely tried, and 574 00:29:11,760 --> 00:29:14,040 Speaker 1: you last time. I mean, listen, it's a low bar. 575 00:29:14,480 --> 00:29:16,200 Speaker 1: This should be the easiest thing in the world to 576 00:29:16,240 --> 00:29:18,360 Speaker 1: denounce this guy and say this dude should resign. But 577 00:29:18,440 --> 00:29:21,040 Speaker 1: apparently it's been very difficult. You have had a trickle 578 00:29:21,080 --> 00:29:24,520 Speaker 1: now of a few other Democratic senators who have called 579 00:29:24,520 --> 00:29:26,320 Speaker 1: for him to step down. Me, so have Fancy Pelosi. 580 00:29:26,480 --> 00:29:28,400 Speaker 1: This is maybe the biggest one who is also calling 581 00:29:28,440 --> 00:29:30,920 Speaker 1: for him to resign. Will show you that in a minute. 582 00:29:31,040 --> 00:29:35,640 Speaker 1: But just the shit. Think about this. This dude was 583 00:29:35,720 --> 00:29:40,600 Speaker 1: indicted on the most brazen allegations of corruption you can imagine, 584 00:29:41,080 --> 00:29:44,520 Speaker 1: using his position as chair of the Foreign Relations Committee 585 00:29:44,520 --> 00:29:46,800 Speaker 1: to literally sell out the country. I mean, this is 586 00:29:46,840 --> 00:29:51,040 Speaker 1: like traitorous type of behavior that he stands accused of, 587 00:29:51,480 --> 00:29:56,120 Speaker 1: and he announces his reelect like three days later. That's insane. 588 00:29:56,800 --> 00:30:01,640 Speaker 1: The shamelessness of that is just absolutely incredible. It's man, 589 00:30:01,720 --> 00:30:02,960 Speaker 1: it's something something. 590 00:30:02,800 --> 00:30:04,600 Speaker 2: It certainly is. I guess what. White House can't even 591 00:30:04,600 --> 00:30:06,880 Speaker 2: call on him to resign. Here's what Karine Jean Pierre said. 592 00:30:07,040 --> 00:30:09,600 Speaker 6: And given that President Biden is the leader of the 593 00:30:09,640 --> 00:30:13,680 Speaker 6: Democratic Party, does the president believe that a person who 594 00:30:13,760 --> 00:30:17,480 Speaker 6: is facing allegations that are as serious as the allegations 595 00:30:17,840 --> 00:30:21,680 Speaker 6: confronting the Senator, that there is any place for somebody 596 00:30:21,760 --> 00:30:24,480 Speaker 6: like Senator Menendez in the Democratic Party. 597 00:30:24,560 --> 00:30:26,040 Speaker 7: So I'm going to be very clear, this is a 598 00:30:26,080 --> 00:30:30,000 Speaker 7: serious matter. We see this as a serious matter, I think, 599 00:30:30,360 --> 00:30:34,000 Speaker 7: and we believe the Senator stepping down from his chairmanship 600 00:30:34,360 --> 00:30:37,200 Speaker 7: was the right thing to do. Obviously, the right thing 601 00:30:37,240 --> 00:30:40,920 Speaker 7: to do as it relates to anything else. Any decision 602 00:30:40,920 --> 00:30:42,520 Speaker 7: that he has to make, that's certainly going to be 603 00:30:42,560 --> 00:30:45,240 Speaker 7: up to him and the Senate leadership to decide. But 604 00:30:45,320 --> 00:30:47,360 Speaker 7: of course we see this as a serious matter, and 605 00:30:47,400 --> 00:30:49,040 Speaker 7: I'm just going to leave it there for now. 606 00:30:49,280 --> 00:30:51,719 Speaker 2: We see his serious matter, and it's up to what 607 00:30:51,720 --> 00:30:54,600 Speaker 2: are we doing here here? Yeah, mister Biden, who remember 608 00:30:54,640 --> 00:30:56,760 Speaker 2: his sanctimonious speech on day one, He's like, if I 609 00:30:56,840 --> 00:30:59,640 Speaker 2: find out a single one of you I ever mistreat somebody, 610 00:30:59,760 --> 00:31:03,160 Speaker 2: or you ever comport yourself, I will call for your 611 00:31:03,240 --> 00:31:07,840 Speaker 2: resignation that day. But Bob, my old colleague, Oh, I've 612 00:31:07,840 --> 00:31:09,760 Speaker 2: known him for a long time. That's just how they 613 00:31:09,800 --> 00:31:13,800 Speaker 2: are over there as a human. Let's give some credit, Okay, 614 00:31:13,840 --> 00:31:15,160 Speaker 2: there have been some people who are willing to call 615 00:31:15,200 --> 00:31:17,479 Speaker 2: him out. So you had this statement from summer leave. 616 00:31:17,520 --> 00:31:19,400 Speaker 2: If you want to go ahead and read it. The representaive. 617 00:31:19,480 --> 00:31:21,000 Speaker 1: Yeah, I thought this was strong. I just want to 618 00:31:21,040 --> 00:31:22,360 Speaker 1: put it up there to flag it. Go ahead and 619 00:31:22,360 --> 00:31:24,920 Speaker 1: put it up there on the screen. So she issued 620 00:31:24,960 --> 00:31:29,200 Speaker 1: the statement saying center Menandez must resign. Corruption is corruption, briberies, bribery. 621 00:31:29,280 --> 00:31:31,760 Speaker 1: We can't talk about holding Thomas and Alito accountable for 622 00:31:31,760 --> 00:31:35,000 Speaker 1: selling on our freedoms for luxury vacations and private jet flights. 623 00:31:35,240 --> 00:31:37,560 Speaker 1: If we fail to hold a senator accountable for selling 624 00:31:37,600 --> 00:31:40,560 Speaker 1: on his chairmanship to a dictator gifting gold bars and 625 00:31:40,640 --> 00:31:43,280 Speaker 1: cash to keep military aid flowing to Egypt as its 626 00:31:43,320 --> 00:31:47,120 Speaker 1: government violates human rights. Menendez is of course O due process, 627 00:31:47,360 --> 00:31:50,640 Speaker 1: but the American people are O. Trust in our institutions 628 00:31:50,720 --> 00:31:53,800 Speaker 1: or fight against right wing fascism depends on that trust. 629 00:31:54,120 --> 00:31:57,880 Speaker 1: And I think she correctly identifies their saga that if 630 00:31:57,920 --> 00:32:01,280 Speaker 1: you want to be the party that's talking about good government, 631 00:32:01,440 --> 00:32:03,960 Speaker 1: talking about the importance of democracy and the importance of 632 00:32:04,000 --> 00:32:07,640 Speaker 1: rebuilding trust and institutions, how can you look the other 633 00:32:07,720 --> 00:32:14,320 Speaker 1: way on such a blatant, just insane violation of the 634 00:32:14,360 --> 00:32:17,640 Speaker 1: trust and the power that he was given. And again 635 00:32:17,800 --> 00:32:20,920 Speaker 1: I can't get over the fact. Remember this is the 636 00:32:21,160 --> 00:32:25,600 Speaker 1: second time he has been indicted on similar charges, and 637 00:32:25,880 --> 00:32:28,840 Speaker 1: after the first time back in twenty fifteen, they went 638 00:32:28,920 --> 00:32:32,160 Speaker 1: ahead and gave him the chair of the Senate Foreign Relations. 639 00:32:32,440 --> 00:32:35,760 Speaker 1: I mean, this is an incredibly powerful position that they 640 00:32:35,800 --> 00:32:39,080 Speaker 1: went ahead and decided to give him after he had 641 00:32:39,120 --> 00:32:43,000 Speaker 1: already faced similar charges. It just boggles the mind how 642 00:32:43,040 --> 00:32:43,960 Speaker 1: this is allowed to happen. 643 00:32:44,040 --> 00:32:46,920 Speaker 2: Hen Klippenstein's been pointing out the difference. For example, Senator 644 00:32:46,920 --> 00:32:50,040 Speaker 2: Schumer when Trump indictment quote, no one is above the law. 645 00:32:50,320 --> 00:32:53,240 Speaker 2: On Menenda's indictment. Bob Menendez is a dedicated public servant. 646 00:32:53,240 --> 00:32:56,200 Speaker 2: He has always fired people of New Jersey. And look 647 00:32:56,280 --> 00:33:00,080 Speaker 2: even Pelosi, you know, think about how many sanctums on 648 00:33:00,200 --> 00:33:02,040 Speaker 2: these things he said about the Trump charges all what 649 00:33:02,160 --> 00:33:05,040 Speaker 2: are serious? We've covered them all here extensively. Yeah, just 650 00:33:05,360 --> 00:33:07,840 Speaker 2: even this, even when she does call for him to resign, 651 00:33:07,960 --> 00:33:11,000 Speaker 2: it's the most tepid. She has to be drawn to it. 652 00:33:11,200 --> 00:33:14,880 Speaker 2: She's like, you know, kind of she clearly is weighing 653 00:33:14,920 --> 00:33:17,320 Speaker 2: her words very carefully. Take a lesson. 654 00:33:17,600 --> 00:33:20,600 Speaker 7: Several host Democrats, along with New Jersey's Governor Phil Murphy, 655 00:33:20,680 --> 00:33:23,680 Speaker 7: have all called on Center Mennindez to resign. 656 00:33:24,240 --> 00:33:25,400 Speaker 2: Do you think he should resign? 657 00:33:25,440 --> 00:33:28,800 Speaker 8: I respect their position that they are taking, and the 658 00:33:29,040 --> 00:33:34,680 Speaker 8: charges are formidable, and if in fact we're going to 659 00:33:34,720 --> 00:33:37,800 Speaker 8: say that if you're indicted, you should resign, we have 660 00:33:37,840 --> 00:33:41,040 Speaker 8: a situation in the House, as you know from the 661 00:33:41,080 --> 00:33:45,680 Speaker 8: state of New York, that that would hold too. But 662 00:33:45,840 --> 00:33:49,160 Speaker 8: right now, sadly, because of the challenges that we face, 663 00:33:49,560 --> 00:33:53,560 Speaker 8: because the skepticism that exists in our country about governance, 664 00:33:53,600 --> 00:33:57,520 Speaker 8: about this Republican party that doesn't believe in governance, doesn't 665 00:33:57,520 --> 00:34:00,680 Speaker 8: believe in science, so wants to take down on everything 666 00:34:00,720 --> 00:34:03,320 Speaker 8: in order to give tax breaks to the wealthiest. We've 667 00:34:03,360 --> 00:34:06,480 Speaker 8: got to stay focused on that. And for that reason, 668 00:34:06,520 --> 00:34:08,600 Speaker 8: it probably be a good idea if you did resign. 669 00:34:08,800 --> 00:34:11,080 Speaker 2: So because the Republicans are bad and bad and bad 670 00:34:11,120 --> 00:34:13,040 Speaker 2: and bad and bad, and for that reason, it'd probably 671 00:34:13,040 --> 00:34:15,040 Speaker 2: be a good idea. He was like, come on now, 672 00:34:15,040 --> 00:34:17,319 Speaker 2: all right, like what are we doing here? Just say it, 673 00:34:17,520 --> 00:34:20,239 Speaker 2: Say it's terrible, Say he's awful, and you know, how 674 00:34:20,320 --> 00:34:22,600 Speaker 2: can you have any credibility whatever? You don't call on 675 00:34:22,680 --> 00:34:25,040 Speaker 2: the others. But look, I think that the real sin 676 00:34:25,239 --> 00:34:27,719 Speaker 2: it's not because Pelosi. She doesn't suffer for this. The 677 00:34:27,760 --> 00:34:30,520 Speaker 2: people who are going to suffer are the actual Democratic senator. 678 00:34:30,560 --> 00:34:33,400 Speaker 2: So we gave credit Senator John Fetterman. Let's give it 679 00:34:33,440 --> 00:34:37,399 Speaker 2: to Peter Welch from a Democrat from Vermont, came out 680 00:34:37,400 --> 00:34:40,680 Speaker 2: and he said that, he said that Bob man Endez 681 00:34:40,680 --> 00:34:42,720 Speaker 2: has got to go. He said it last night and shared. 682 00:34:42,760 --> 00:34:45,080 Speaker 2: Brown also came out and said share it. And you 683 00:34:45,120 --> 00:34:47,640 Speaker 2: know the thing is too this needs to be representative 684 00:34:47,680 --> 00:34:50,320 Speaker 2: of there's a political benefit to being in front of 685 00:34:50,360 --> 00:34:52,560 Speaker 2: these things. Sharon Brown is in a tough spot, right, 686 00:34:52,600 --> 00:34:56,440 Speaker 2: He's running in a Trump plus eight state, longtime survivor, 687 00:34:56,800 --> 00:35:00,959 Speaker 2: working class democrat, longtime union guy on policy and more. 688 00:35:01,120 --> 00:35:02,880 Speaker 2: And I bet you that if he didn't speak out 689 00:35:02,920 --> 00:35:05,160 Speaker 2: about this, his constituents would be like, why are you 690 00:35:05,200 --> 00:35:08,319 Speaker 2: okay with democratic corruption? And he can stand up and 691 00:35:08,360 --> 00:35:10,120 Speaker 2: be like, no, I was the second person to come 692 00:35:10,160 --> 00:35:13,840 Speaker 2: out and call on him to resign. These are, I believe, 693 00:35:13,920 --> 00:35:16,239 Speaker 2: the type of things that penetrate to the core of 694 00:35:16,320 --> 00:35:20,319 Speaker 2: how everybody knows that these filthy politicians actually act. And 695 00:35:20,680 --> 00:35:22,080 Speaker 2: so for a lot of doubt. You know, if the 696 00:35:22,080 --> 00:35:25,160 Speaker 2: gold bar thing it's so silation, it's so perfect, they're 697 00:35:25,320 --> 00:35:28,560 Speaker 2: real average, normal working day people who look at that. 698 00:35:28,719 --> 00:35:31,920 Speaker 2: They're disgusted to see somebody with sixty six thousand dollars 699 00:35:31,920 --> 00:35:34,400 Speaker 2: of gold in their house and cash in their pockets. 700 00:35:34,440 --> 00:35:36,560 Speaker 2: That we need to normalize this. There's a benefit to 701 00:35:36,600 --> 00:35:38,600 Speaker 2: speaking out on it. It's not just partisan. You got to 702 00:35:38,640 --> 00:35:40,600 Speaker 2: call out your own side. That's what we what have 703 00:35:40,680 --> 00:35:42,400 Speaker 2: we found The most powerful thing on this show is 704 00:35:42,400 --> 00:35:44,520 Speaker 2: when we call out the people that we even even 705 00:35:44,640 --> 00:35:47,120 Speaker 2: kind of agree with, right, you know, that's what gives 706 00:35:47,200 --> 00:35:48,080 Speaker 2: us credibility too. 707 00:35:48,160 --> 00:35:50,560 Speaker 1: That's when it's uncomfortable, and I will say, I mean, 708 00:35:51,120 --> 00:35:53,799 Speaker 1: where are the Republicans on you know, Justice Thomas, Where 709 00:35:53,800 --> 00:35:57,280 Speaker 1: are the Republicans on Donald Trump and Jared Kushner and whatever? 710 00:35:57,440 --> 00:35:59,560 Speaker 1: So I don't want to like make it seem like 711 00:35:59,640 --> 00:36:01,840 Speaker 1: they've been calling out their own side. You do have 712 00:36:01,920 --> 00:36:04,880 Speaker 1: at least a few Democrats here who have, after the 713 00:36:04,960 --> 00:36:07,839 Speaker 1: second indictment with the gold bars, are like, all right, 714 00:36:07,880 --> 00:36:10,560 Speaker 1: this is a bridge too far. But again, all of 715 00:36:10,600 --> 00:36:13,400 Speaker 1: this should be so easy. It should be so easy 716 00:36:13,760 --> 00:36:16,920 Speaker 1: to look at what ninety nine point nine percent of 717 00:36:16,920 --> 00:36:21,240 Speaker 1: the American people would say is completely unacceptable, wildly corrupt 718 00:36:21,239 --> 00:36:25,000 Speaker 1: behavior and just say no, no, you cannot continue to 719 00:36:25,040 --> 00:36:28,080 Speaker 1: serve in this position. You must step aside now in 720 00:36:28,200 --> 00:36:31,400 Speaker 1: terms of the political landscapement, and has just announced for 721 00:36:31,440 --> 00:36:34,840 Speaker 1: his reelect incredibly amidst all of this, he is facing 722 00:36:34,920 --> 00:36:38,480 Speaker 1: a Democratic primary challenger. It does seem like, you know, 723 00:36:38,719 --> 00:36:41,480 Speaker 1: to use an old saying in politics, the walls are 724 00:36:41,480 --> 00:36:43,759 Speaker 1: starting to close in when you've got much of the 725 00:36:43,800 --> 00:36:48,520 Speaker 1: New Jersey Congressional delegation, the new Jersey governor now Nancy Pelosi, 726 00:36:48,760 --> 00:36:52,240 Speaker 1: now a growing list of Democratic senators all saying okay, dude, 727 00:36:52,360 --> 00:36:54,640 Speaker 1: time's up. Time for you to go. I don't know 728 00:36:54,680 --> 00:36:57,200 Speaker 1: that he will step aside, because he obviously is very 729 00:36:57,239 --> 00:37:00,279 Speaker 1: attached to this particular Senate seat and the benefit that 730 00:37:00,360 --> 00:37:04,160 Speaker 1: has conferred upon him and his family. But I do 731 00:37:04,239 --> 00:37:07,320 Speaker 1: think if you have everybody line up behind his Democratic 732 00:37:07,360 --> 00:37:09,120 Speaker 1: competitor in the primary, there's a good chance that he 733 00:37:09,160 --> 00:37:11,680 Speaker 1: could be ousted in the primary. I think that's probably 734 00:37:11,719 --> 00:37:14,520 Speaker 1: the best chance you have to get this guy out 735 00:37:14,560 --> 00:37:17,960 Speaker 1: of office in the immediate term, because otherwise, you know, 736 00:37:18,239 --> 00:37:20,280 Speaker 1: I don't think he's going to resign on his own. 737 00:37:20,400 --> 00:37:22,840 Speaker 1: If the pressure as hot as it is right now, 738 00:37:22,960 --> 00:37:25,040 Speaker 1: isn't causing him to fold, is just causing him to 739 00:37:25,040 --> 00:37:27,080 Speaker 1: be defined and make up these insane excuses like no, 740 00:37:27,160 --> 00:37:29,359 Speaker 1: actually it's just because I'm Cuban. Then I don't think 741 00:37:29,360 --> 00:37:31,359 Speaker 1: that he's likely to resign over any of this, no 742 00:37:31,360 --> 00:37:32,640 Speaker 1: matter how pologies. 743 00:37:32,920 --> 00:37:35,400 Speaker 2: Through the democratic process. Yeah, people of New Jersey, you 744 00:37:35,480 --> 00:37:37,160 Speaker 2: guys need to step up. All of you guys did 745 00:37:37,160 --> 00:37:39,160 Speaker 2: reelect him. So I don't know what to tell you, right, 746 00:37:40,239 --> 00:37:43,080 Speaker 2: but I'm not from there. Maybe he's done something that 747 00:37:43,160 --> 00:37:43,840 Speaker 2: I don't know about. 748 00:37:44,160 --> 00:37:46,520 Speaker 1: All right, So turning to some other political news here, 749 00:37:46,640 --> 00:37:48,520 Speaker 1: this is kind of interesting. So there's been a lot 750 00:37:48,520 --> 00:37:52,000 Speaker 1: of back and forth about Governor California Gavin Newsom potentially 751 00:37:52,000 --> 00:37:55,160 Speaker 1: debating Governor Florida Ron de Santis, who are both sort 752 00:37:55,200 --> 00:37:58,759 Speaker 1: of like it's this weird proxy fight both between their 753 00:37:58,840 --> 00:38:03,000 Speaker 1: states and their ideaologies, and also between two very ambitious 754 00:38:03,000 --> 00:38:04,680 Speaker 1: men who both clearly want to be President of the 755 00:38:04,760 --> 00:38:06,920 Speaker 1: United States, but are probably not going to be President 756 00:38:06,920 --> 00:38:08,879 Speaker 1: of the United States at least in twenty twenty four. 757 00:38:09,440 --> 00:38:12,480 Speaker 1: So you finally appear to have an agreement between these 758 00:38:12,480 --> 00:38:15,120 Speaker 1: two gentlemen to debate. Let's put this up on the screen. 759 00:38:15,440 --> 00:38:18,520 Speaker 1: From Fox News, they announced that Sean Hannity is going 760 00:38:18,560 --> 00:38:21,880 Speaker 1: to moderate the Red State Versus Blue State debate between 761 00:38:21,920 --> 00:38:25,719 Speaker 1: Florida Governor Ran Desantas and California Governor Gavin Newsom. They 762 00:38:25,719 --> 00:38:28,479 Speaker 1: go on to say that this will occur on November thirty. 763 00:38:28,520 --> 00:38:30,600 Speaker 1: If it's going to be a ninety minute debate, is 764 00:38:30,600 --> 00:38:33,000 Speaker 1: going to take place at a location to be determined 765 00:38:33,040 --> 00:38:36,920 Speaker 1: in Georgia. It's going to air on Hannity at nine pm. Hannity, 766 00:38:36,920 --> 00:38:38,920 Speaker 1: they say, first raised the prospect of a debate with 767 00:38:39,000 --> 00:38:41,360 Speaker 1: Newsom during his exclusive sit down this past June, following 768 00:38:41,360 --> 00:38:44,600 Speaker 1: which Governor DeSantis officially signed on to participate in July. 769 00:38:44,680 --> 00:38:47,000 Speaker 1: This will mark the first time the two governors will 770 00:38:47,000 --> 00:38:51,000 Speaker 1: face off in a debate. Now, there is some indication 771 00:38:51,480 --> 00:38:54,480 Speaker 1: from the Newsom side that it's not quite as locked 772 00:38:54,520 --> 00:38:58,320 Speaker 1: in as Fox News is portraying. There's still some details 773 00:38:58,320 --> 00:39:00,680 Speaker 1: that need to be worked out that could cause this 774 00:39:00,719 --> 00:39:03,319 Speaker 1: thing to fall apart. It looks like one of the 775 00:39:03,320 --> 00:39:06,400 Speaker 1: sticking points originally was going to be whether or not 776 00:39:06,440 --> 00:39:10,239 Speaker 1: there was a live studio audience. Newsom, I think understandably 777 00:39:10,280 --> 00:39:13,319 Speaker 1: didn't want the optics of a Fox News audience that's 778 00:39:13,360 --> 00:39:16,720 Speaker 1: just constantly cheering Desantas and constantly booing him or playing 779 00:39:16,760 --> 00:39:19,480 Speaker 1: into here or whatever. He wanted it to have, you know, 780 00:39:19,520 --> 00:39:22,240 Speaker 1: for the TV viewing audience, more of a neutral feel 781 00:39:22,239 --> 00:39:24,440 Speaker 1: to it, which again I think is understandable. He seems 782 00:39:24,440 --> 00:39:26,640 Speaker 1: to have been able to achieve that in terms in 783 00:39:26,640 --> 00:39:29,120 Speaker 1: the negotiations. But anyway, that's what we know. It'll be 784 00:39:29,160 --> 00:39:30,800 Speaker 1: interesting content. I mean, I'm looking forward to it. I 785 00:39:30,800 --> 00:39:32,600 Speaker 1: think it'd be fun very much looking forward. Look, we 786 00:39:32,600 --> 00:39:34,640 Speaker 1: said this in I think this is great. I want 787 00:39:34,680 --> 00:39:36,600 Speaker 1: to normalize this. It's actually a lot of fun. You know, 788 00:39:36,800 --> 00:39:39,520 Speaker 1: at the time we haven't done this in a long time. 789 00:39:39,520 --> 00:39:41,520 Speaker 1: I'm not really sure why. I'm trying to think about it. 790 00:39:41,560 --> 00:39:45,560 Speaker 2: The last governor to win the presidency was it Bill Clinton, 791 00:39:45,719 --> 00:39:48,239 Speaker 2: I think in nineteen ninety two. But it used to 792 00:39:48,280 --> 00:39:50,040 Speaker 2: be I mean for a long time, going all the 793 00:39:50,080 --> 00:39:52,520 Speaker 2: way back to the early days of the Republic. The 794 00:39:52,640 --> 00:39:55,880 Speaker 2: Senate and Washington was not seen as the pathway to 795 00:39:55,920 --> 00:39:58,520 Speaker 2: become president. It was to be a successful governor, people 796 00:39:58,560 --> 00:40:02,080 Speaker 2: like Ronald Reagan, people like Bill Clinton. State level politics, 797 00:40:02,160 --> 00:40:04,120 Speaker 2: your ability to be an executive. There's like, you know, 798 00:40:04,160 --> 00:40:05,920 Speaker 2: an adage of like, oh you ran a state, you 799 00:40:05,920 --> 00:40:07,920 Speaker 2: can run a country. It's like an executive thing, and 800 00:40:07,880 --> 00:40:10,279 Speaker 2: it's probably something to it. But the point though is 801 00:40:10,320 --> 00:40:12,480 Speaker 2: that at that time, in the Clinton era and when 802 00:40:12,480 --> 00:40:16,320 Speaker 2: things were less Washington centric, there were like debates and 803 00:40:16,520 --> 00:40:20,200 Speaker 2: elevation of statewide politicians and they were seen as the future. 804 00:40:20,239 --> 00:40:22,480 Speaker 2: It's only like the Obama era onward that we just 805 00:40:22,520 --> 00:40:25,759 Speaker 2: continue to nominate senators, at least on the Democratic side 806 00:40:25,800 --> 00:40:28,760 Speaker 2: and obviously even on the Republican side alternatives to Trump. 807 00:40:29,000 --> 00:40:32,080 Speaker 2: You know, DeSantis is more of akin to the old era. 808 00:40:32,200 --> 00:40:34,720 Speaker 2: So my point though, is that seeing the debates between 809 00:40:34,719 --> 00:40:38,560 Speaker 2: these two states I mean, look, undeniable. California and Florida 810 00:40:38,640 --> 00:40:41,560 Speaker 2: the two of the most dynamic and economically booming states 811 00:40:41,760 --> 00:40:43,520 Speaker 2: in the country. I know that sounds odd to say 812 00:40:43,520 --> 00:40:46,640 Speaker 2: about California, but listen, if it was its own country, 813 00:40:46,680 --> 00:40:47,960 Speaker 2: it would be like the seventh it would be a 814 00:40:47,960 --> 00:40:50,680 Speaker 2: member of the G seven. It's a massive economy. Even 815 00:40:50,719 --> 00:40:52,759 Speaker 2: with the net loss of five hundred thousand dollars five 816 00:40:52,840 --> 00:40:55,160 Speaker 2: hundred thousand or so people, it's like forty million people 817 00:40:55,280 --> 00:40:57,200 Speaker 2: who live in the state. They have two very different 818 00:40:57,280 --> 00:40:59,480 Speaker 2: visions of governance, and so to see the two of 819 00:40:59,480 --> 00:41:01,840 Speaker 2: them head to head, they're both like running ads in 820 00:41:01,880 --> 00:41:03,440 Speaker 2: each other's states, like why you should. 821 00:41:03,200 --> 00:41:03,919 Speaker 1: We Yeah, it's good. 822 00:41:03,960 --> 00:41:06,360 Speaker 2: It's a good thing. People should watch it. And frankly, 823 00:41:06,520 --> 00:41:08,440 Speaker 2: if you live in Florida, if you live in California, 824 00:41:08,719 --> 00:41:11,040 Speaker 2: these people have way, probably way more of an impact 825 00:41:11,040 --> 00:41:12,680 Speaker 2: on your day to day life than a lot of 826 00:41:12,680 --> 00:41:15,359 Speaker 2: people who live here in Washington. So to see those 827 00:41:15,400 --> 00:41:18,319 Speaker 2: like contrasts about how you run a state and their 828 00:41:18,360 --> 00:41:22,200 Speaker 2: ideas and like even some from social policy to economic policy, 829 00:41:22,239 --> 00:41:24,480 Speaker 2: to COVID policy, whatever. I think it's I think it's 830 00:41:24,520 --> 00:41:26,440 Speaker 2: a fantastic thing for the country. Here's really do. 831 00:41:26,560 --> 00:41:29,439 Speaker 1: Here's a question for you, Sager. Like obviously, like I said, 832 00:41:29,480 --> 00:41:30,680 Speaker 1: both of them want to be president. 833 00:41:30,760 --> 00:41:30,960 Speaker 4: Yeah. 834 00:41:31,040 --> 00:41:33,480 Speaker 1: Newsom has gone to great lengths to say, Oh no, 835 00:41:33,840 --> 00:41:35,600 Speaker 1: I think Kamala Harris is great and I wouldn't run 836 00:41:35,640 --> 00:41:37,680 Speaker 1: against her. And I love Joe Biden. Of course, Joe 837 00:41:37,680 --> 00:41:39,000 Speaker 1: Biden's going to be the guy. And I have no 838 00:41:39,040 --> 00:41:42,040 Speaker 1: concerns about his age whatever. He's been fully on the message, 839 00:41:42,040 --> 00:41:44,839 Speaker 1: on the script in terms of Biden Harris. But you know, 840 00:41:45,040 --> 00:41:47,560 Speaker 1: if for whatever reason, there was to be an opening 841 00:41:47,560 --> 00:41:49,239 Speaker 1: this year, no doubt he'd jump in. And I think 842 00:41:49,280 --> 00:41:51,600 Speaker 1: he's more positioning himself for twenty twenty eight, no doubt 843 00:41:51,600 --> 00:41:55,680 Speaker 1: about that. In terms of DeSantis, do you think that he, Sacer, 844 00:41:55,760 --> 00:41:59,319 Speaker 1: has harmed himself in this primary sufficiently that he would 845 00:41:59,360 --> 00:42:01,479 Speaker 1: be kind of out in terms of a twenty twenty 846 00:42:01,520 --> 00:42:02,000 Speaker 1: eight run. 847 00:42:02,080 --> 00:42:04,600 Speaker 2: I don't know. You know, it's a tough question. I 848 00:42:04,600 --> 00:42:07,800 Speaker 2: can only say what I've been reading and hearing about, 849 00:42:07,840 --> 00:42:12,160 Speaker 2: which is that his presidential run has significantly diminished his 850 00:42:12,280 --> 00:42:14,759 Speaker 2: power in the state of Florida. So far, he was 851 00:42:14,880 --> 00:42:18,200 Speaker 2: seen as untouchable, and he was seen I mean for 852 00:42:18,239 --> 00:42:20,640 Speaker 2: a good reason. Yeah, he won the biggest margin for 853 00:42:20,680 --> 00:42:24,480 Speaker 2: Florida governor in modern history. He transformed the politics of 854 00:42:24,520 --> 00:42:28,320 Speaker 2: the state. He had ironclad control over the Florida Republican Party. 855 00:42:28,440 --> 00:42:30,520 Speaker 2: Now there's a lot of cracks that are beginning to show. 856 00:42:30,520 --> 00:42:32,200 Speaker 2: You got a lot of Florida Republicans who are back 857 00:42:32,200 --> 00:42:34,480 Speaker 2: from Trump. They're also like, oh, you're not as popular 858 00:42:34,520 --> 00:42:36,120 Speaker 2: as we want. Stop, Maybe we're going to buck you 859 00:42:36,200 --> 00:42:40,120 Speaker 2: whenever comes to the state legislature. So his overnight transformation 860 00:42:40,160 --> 00:42:42,640 Speaker 2: of the state has begun to crumble. And I think 861 00:42:42,640 --> 00:42:46,080 Speaker 2: that the record that people were so celebrating, he's not 862 00:42:46,160 --> 00:42:48,480 Speaker 2: going to have the same ability to just ram through 863 00:42:48,520 --> 00:42:51,279 Speaker 2: and do whatever he wants in the state legislature like 864 00:42:51,320 --> 00:42:54,360 Speaker 2: he did at one time, which was the bedrock of 865 00:42:54,400 --> 00:42:58,880 Speaker 2: his appeal as president. So at the same time, in America, 866 00:42:58,960 --> 00:43:02,239 Speaker 2: you shoot your shot, wasn't there was a chance? It 867 00:43:02,280 --> 00:43:04,160 Speaker 2: was small. I personally wouldn't have done it if I 868 00:43:04,200 --> 00:43:06,120 Speaker 2: were him, But if you were as ambitious and he 869 00:43:06,160 --> 00:43:08,560 Speaker 2: wants to be president, and there was a time, you 870 00:43:08,560 --> 00:43:10,920 Speaker 2: know the moment, and I think he probably did make 871 00:43:10,960 --> 00:43:13,240 Speaker 2: the right call in terms of there is and probably 872 00:43:13,239 --> 00:43:15,319 Speaker 2: still is a small chance that he could be the 873 00:43:15,360 --> 00:43:19,239 Speaker 2: eventual Republican nominee but if things can go the way 874 00:43:19,239 --> 00:43:21,279 Speaker 2: that they are, I do think it probably hurt him 875 00:43:21,480 --> 00:43:25,000 Speaker 2: overall in the long run. This isn't Reagan running against 876 00:43:25,080 --> 00:43:28,040 Speaker 2: Ford in the seventy six primary, which is what actually 877 00:43:28,080 --> 00:43:31,080 Speaker 2: made him the air parent this time around because it 878 00:43:31,120 --> 00:43:34,280 Speaker 2: was so close and Ford actually had to accommodate Reagan 879 00:43:34,280 --> 00:43:36,480 Speaker 2: and even think about making this vice president and all 880 00:43:36,480 --> 00:43:38,920 Speaker 2: of this thing because he showed real power and appeal 881 00:43:39,200 --> 00:43:42,359 Speaker 2: to the overall base. Instead, we've seen a reversion from 882 00:43:42,400 --> 00:43:46,200 Speaker 2: DeSantis's original high position and poll down to falling as 883 00:43:46,239 --> 00:43:49,760 Speaker 2: just your average other Republican. I think that is overall 884 00:43:49,760 --> 00:43:52,239 Speaker 2: a political net, but it's still early. You know, you 885 00:43:52,239 --> 00:43:52,560 Speaker 2: don't know. 886 00:43:52,680 --> 00:43:54,680 Speaker 1: I think that's sure. The other thing that's a real 887 00:43:54,719 --> 00:43:57,000 Speaker 1: issue for him is that donors have fallen out. 888 00:43:57,000 --> 00:43:58,640 Speaker 2: I love with him, probably. 889 00:43:58,200 --> 00:44:00,840 Speaker 1: And I mean for a guy who was really leaning 890 00:44:00,840 --> 00:44:02,279 Speaker 1: on that, I'm not going to say he didn't have 891 00:44:02,400 --> 00:44:05,080 Speaker 1: his own base of support. I think he definitely did, 892 00:44:05,120 --> 00:44:08,440 Speaker 1: at least I think that's waned over the over the months. 893 00:44:08,440 --> 00:44:10,800 Speaker 1: But he definitely did have his own base of excited 894 00:44:10,880 --> 00:44:14,279 Speaker 1: support nationwide. But he was really making the play to 895 00:44:14,360 --> 00:44:19,400 Speaker 1: be the donor alternative to Trump. And you know, they've 896 00:44:19,520 --> 00:44:21,799 Speaker 1: all based, not all, but many of them have moved on. 897 00:44:22,040 --> 00:44:23,759 Speaker 1: Many of them have fallen out of love with the 898 00:44:23,800 --> 00:44:26,399 Speaker 1: idea that this guy is really the future and this 899 00:44:26,440 --> 00:44:28,600 Speaker 1: is you know, really the person they need to get behind. 900 00:44:29,120 --> 00:44:31,600 Speaker 1: They've sort of you know, Florida with Tim Scott, Florida 901 00:44:31,600 --> 00:44:34,000 Speaker 1: with Nikki Ale. The latest analysis that I saw is 902 00:44:34,040 --> 00:44:36,400 Speaker 1: they've basically given up on it being anybody other than 903 00:44:36,480 --> 00:44:38,600 Speaker 1: Trump at this point. Yeah, but I think the fact 904 00:44:38,640 --> 00:44:41,399 Speaker 1: that whether it's fair or unfair, and it's hard for me. Look, 905 00:44:41,440 --> 00:44:43,200 Speaker 1: I'm not on a campaign trail. I don't see how 906 00:44:43,200 --> 00:44:46,000 Speaker 1: he's actually interacting with voters. I can't tell how much 907 00:44:46,239 --> 00:44:50,520 Speaker 1: the image of him as this like super awkward dude 908 00:44:50,600 --> 00:44:53,279 Speaker 1: who you know, has these strange interactions with people. I 909 00:44:53,280 --> 00:44:55,399 Speaker 1: can't tell how much of that is real and how 910 00:44:55,440 --> 00:44:58,280 Speaker 1: much of it is created. But it kind of doesn't matter, 911 00:44:58,400 --> 00:45:01,320 Speaker 1: because that's the impression of him that has been made 912 00:45:01,480 --> 00:45:03,879 Speaker 1: with a lot of people, and it's stuck, and it's 913 00:45:03,880 --> 00:45:07,279 Speaker 1: certainly stuck with that group of donors that he would need, 914 00:45:07,440 --> 00:45:09,320 Speaker 1: you know, their backing in order to make a credible 915 00:45:09,400 --> 00:45:13,239 Speaker 1: run in twenty twenty eight. So oddly enough, even though 916 00:45:13,239 --> 00:45:16,080 Speaker 1: DeSantis is the one actually in the race right now 917 00:45:16,160 --> 00:45:18,560 Speaker 1: and has gotten so much national media attention and had 918 00:45:18,560 --> 00:45:21,080 Speaker 1: the whole Fox News organization pulling for him. I would 919 00:45:21,080 --> 00:45:22,960 Speaker 1: actually say Gavin Newsom is in some ways in a 920 00:45:23,040 --> 00:45:27,640 Speaker 1: more powerful political position right now for the future and 921 00:45:27,680 --> 00:45:30,160 Speaker 1: for representing the future of either of the two major parties. 922 00:45:30,239 --> 00:45:32,359 Speaker 2: Yeah, you know, the thing is about Newsom. And look, 923 00:45:32,440 --> 00:45:36,319 Speaker 2: I can't stand Newsom obviously. I think he's bad in 924 00:45:36,360 --> 00:45:38,600 Speaker 2: many respects. And we'll talk a little bit about that 925 00:45:38,719 --> 00:45:42,600 Speaker 2: just in a moment, about policy wise, his leadership under COVID, 926 00:45:42,680 --> 00:45:45,320 Speaker 2: his sliminess and all that. He's a shape shifter is 927 00:45:45,360 --> 00:45:48,520 Speaker 2: what he's savvy. You know, I see it when I 928 00:45:48,560 --> 00:45:50,480 Speaker 2: call it like I see it. He did well on 929 00:45:50,520 --> 00:45:53,600 Speaker 2: the Sean Hannity interview. He's got the shamelessness enough to 930 00:45:53,640 --> 00:45:56,880 Speaker 2: be both like normy ish but also you know, to 931 00:45:56,960 --> 00:46:00,400 Speaker 2: pander to the right coalitional basis. You know, it's not 932 00:46:00,480 --> 00:46:03,960 Speaker 2: easy getting elected as the governor of the state of California. 933 00:46:04,000 --> 00:46:07,120 Speaker 2: He survived the recall which he could easily run on. 934 00:46:07,400 --> 00:46:09,759 Speaker 2: And you know a lot of Democrats they agree with 935 00:46:10,000 --> 00:46:12,080 Speaker 2: Gavin Newsom, so I could I could definitely see a 936 00:46:12,120 --> 00:46:14,919 Speaker 2: world where he was able to mount a success also, 937 00:46:15,080 --> 00:46:18,319 Speaker 2: you know, he's probably more likable, and this is sad 938 00:46:18,360 --> 00:46:21,480 Speaker 2: to say, than Kamala Harris, Pete Budajet. So if that's 939 00:46:21,560 --> 00:46:24,160 Speaker 2: the bench, then yeah, I think, you know, given where 940 00:46:24,160 --> 00:46:27,200 Speaker 2: he is, he could easily become a presidential contender in 941 00:46:27,239 --> 00:46:28,800 Speaker 2: twenty twenty eight after Biden. 942 00:46:28,960 --> 00:46:32,279 Speaker 1: For me, as a leftist, Newsom's record in California is 943 00:46:32,400 --> 00:46:35,799 Speaker 1: very mixed. I think I would compare it favorably to like, 944 00:46:36,000 --> 00:46:38,520 Speaker 1: you know, i'd prefer him to probably like definitely to 945 00:46:38,600 --> 00:46:40,960 Speaker 1: Kamala Harris or Pete Bootaget. But as we're about to 946 00:46:41,000 --> 00:46:45,080 Speaker 1: show you, I see him and DeSantis both as sort 947 00:46:45,080 --> 00:46:49,360 Speaker 1: of similar, almost like mirror images. They're both very clearly ambitious, 948 00:46:49,400 --> 00:46:51,640 Speaker 1: they're both very finger in the wind. You know, Desanta's 949 00:46:51,680 --> 00:46:54,520 Speaker 1: positioned himself as this tea party small government guy when 950 00:46:54,560 --> 00:46:56,600 Speaker 1: he's in the House and when that's the like thing 951 00:46:56,640 --> 00:46:59,080 Speaker 1: of the day in the Republican Party, and now he's 952 00:46:59,080 --> 00:47:01,759 Speaker 1: shifted to try to on this more populous rhetoric, etc. 953 00:47:02,080 --> 00:47:04,200 Speaker 1: And try to have a break from that past. So 954 00:47:04,360 --> 00:47:07,080 Speaker 1: you can see very much the way that he's trying 955 00:47:07,120 --> 00:47:09,720 Speaker 1: to read the mood and trying to translate that into 956 00:47:09,760 --> 00:47:12,040 Speaker 1: his political position is the same thing with Gavin news 957 00:47:12,280 --> 00:47:15,040 Speaker 1: You know, he's real finger in the wind, you can see. 958 00:47:15,080 --> 00:47:17,440 Speaker 1: And let's go out and transition now to talking about 959 00:47:17,440 --> 00:47:20,680 Speaker 1: his latest move in the state of California, which is 960 00:47:20,719 --> 00:47:24,440 Speaker 1: fascinating because Newsom coming up in California. I mean, this 961 00:47:24,480 --> 00:47:26,400 Speaker 1: is a guy who was really a darling of Silicon 962 00:47:26,480 --> 00:47:28,319 Speaker 1: Valley in the tech sector. And you know, a lot 963 00:47:28,400 --> 00:47:32,080 Speaker 1: of fundraising in California, not just in California, a lot 964 00:47:32,080 --> 00:47:34,600 Speaker 1: of the national fundraising the Democratic Party and some in 965 00:47:34,640 --> 00:47:40,080 Speaker 1: the Republican Party too comes from Silicon Valley tech oligarchs, billionaires, 966 00:47:40,080 --> 00:47:42,799 Speaker 1: et cetera. So he's been very closely tied with them. 967 00:47:42,800 --> 00:47:46,560 Speaker 1: They've been very responsible for his rise. At the same time, 968 00:47:46,960 --> 00:47:50,239 Speaker 1: he's now trying to position himself more on the progressive 969 00:47:50,360 --> 00:47:53,200 Speaker 1: end of the spectrum and as a friend and ally 970 00:47:53,320 --> 00:47:55,840 Speaker 1: of labor, which has also you know, supported him in 971 00:47:55,880 --> 00:47:58,759 Speaker 1: many respects throughout his career. So put this up on 972 00:47:58,760 --> 00:48:02,080 Speaker 1: the screen. There was a bill but overwhelming past the 973 00:48:02,120 --> 00:48:07,680 Speaker 1: California legislature which would have required that autonomous trucks have 974 00:48:07,960 --> 00:48:12,040 Speaker 1: a human being, an actual truck driver present in them. 975 00:48:12,040 --> 00:48:15,840 Speaker 1: Of course, industry hates it, Silicon Valley hates it. But 976 00:48:16,200 --> 00:48:19,400 Speaker 1: labor very much behind this, both out of safety concerns 977 00:48:19,400 --> 00:48:23,040 Speaker 1: and also clearly out of job concerns, because if you 978 00:48:23,160 --> 00:48:26,879 Speaker 1: actually move to a future where trucks are driven autonomously, 979 00:48:26,920 --> 00:48:28,960 Speaker 1: you're talking about a lot of hundreds of thousands of 980 00:48:29,040 --> 00:48:32,640 Speaker 1: jobs just in the state of California. So Teamster is 981 00:48:33,040 --> 00:48:36,440 Speaker 1: very supportive of this bill, and, like I said, sailed 982 00:48:36,440 --> 00:48:42,000 Speaker 1: through the California legislature by huge margins. But guess what. Newsome, 983 00:48:42,640 --> 00:48:45,800 Speaker 1: caught in a tough spot between his Silicon Valley donors 984 00:48:45,840 --> 00:48:49,640 Speaker 1: and between labor, decides to back you know who, the 985 00:48:49,680 --> 00:48:54,279 Speaker 1: Silicon Valley donor. So he vetos this bill. It was 986 00:48:54,360 --> 00:48:57,280 Speaker 1: vetoed Friday night. It would a band self driving trucks 987 00:48:57,280 --> 00:48:59,920 Speaker 1: weighed more than ten thousand pounds, ranging from ups to 988 00:49:00,160 --> 00:49:03,160 Speaker 1: evans to massive big rigs, from operating on public roads 989 00:49:03,239 --> 00:49:06,080 Speaker 1: unless a human driver is on board. And let me 990 00:49:06,120 --> 00:49:11,800 Speaker 1: tell you something, the Teamsters and their newly elected president 991 00:49:11,880 --> 00:49:14,720 Speaker 1: are not having it. Put this up on the screen 992 00:49:15,040 --> 00:49:18,360 Speaker 1: with what they had to say in response. This is 993 00:49:18,400 --> 00:49:21,239 Speaker 1: Sean O'Brien. He says, Gavin Newsom doesn't have the guts 994 00:49:21,440 --> 00:49:24,440 Speaker 1: to face working people. He'd rather give our jobs away 995 00:49:24,760 --> 00:49:27,640 Speaker 1: in the dead of night. Late yesterday, the California Governor 996 00:49:28,160 --> 00:49:31,319 Speaker 1: vetoed AB three sixteen that would have put human operators 997 00:49:31,320 --> 00:49:35,840 Speaker 1: in autonomous vehicle, saving jobs and protecting communities. Go on, 998 00:49:36,160 --> 00:49:39,279 Speaker 1: He says, ninety five percent bipartisan support in the legislature, 999 00:49:39,560 --> 00:49:43,239 Speaker 1: seventy five percent public support, but Newsom still killed it. 1000 00:49:43,280 --> 00:49:46,640 Speaker 1: He's giving a green light to put these dangerous rigs 1001 00:49:46,719 --> 00:49:49,240 Speaker 1: on the road. And there's one more piece here. He says, 1002 00:49:49,280 --> 00:49:52,040 Speaker 1: any politician who turns their back on workers to curry 1003 00:49:52,080 --> 00:49:55,480 Speaker 1: campaign contributions for Corporate America and big tech, better square 1004 00:49:55,600 --> 00:50:00,600 Speaker 1: up teamsters will not walk away from this fight. Listen, 1005 00:50:00,880 --> 00:50:04,719 Speaker 1: maybe it's a small thing, but in this era when 1006 00:50:05,160 --> 00:50:09,680 Speaker 1: labor is so highly supported and so popular, and when 1007 00:50:09,719 --> 00:50:13,800 Speaker 1: American people are overwhelmingly backing workers and are very concerned 1008 00:50:14,200 --> 00:50:16,880 Speaker 1: about what these new technologies are going to mean for 1009 00:50:16,920 --> 00:50:20,000 Speaker 1: the workforce and for safety and for all of our future, 1010 00:50:20,400 --> 00:50:22,880 Speaker 1: that you're signing with the tech oligarchs in this moment 1011 00:50:23,040 --> 00:50:25,160 Speaker 1: is very telling and very troubling. 1012 00:50:25,280 --> 00:50:27,160 Speaker 2: Yeah, and also it comes on the heels of it. And 1013 00:50:27,200 --> 00:50:29,400 Speaker 2: it's funny because I had just told you guys about 1014 00:50:29,440 --> 00:50:31,920 Speaker 2: this before this video went viral. I was in Austin 1015 00:50:32,040 --> 00:50:34,719 Speaker 2: for Marshall's wedding, and while I was there, I had 1016 00:50:34,760 --> 00:50:37,000 Speaker 2: an Uber driver who was telling me. He's like, man, 1017 00:50:37,200 --> 00:50:39,279 Speaker 2: do you know anything about He knew who we were 1018 00:50:39,280 --> 00:50:40,880 Speaker 2: because of the show, and he's like, do you know anything 1019 00:50:40,840 --> 00:50:42,920 Speaker 2: about these self driving cars here in Austin. I said, no, 1020 00:50:42,960 --> 00:50:45,000 Speaker 2: I don't know anything about it, and she points out 1021 00:50:45,000 --> 00:50:46,560 Speaker 2: to me. He goes, yeah, one of these guys always 1022 00:50:46,600 --> 00:50:48,640 Speaker 2: hit me. One of these almost hit me yesterday. And 1023 00:50:48,680 --> 00:50:50,760 Speaker 2: he's like, by the way, when you're crossing the street, 1024 00:50:50,760 --> 00:50:53,040 Speaker 2: make sure you watch out because sometimes they don't watch 1025 00:50:53,080 --> 00:50:55,960 Speaker 2: pedestrians properly. And I was like, what this is crazy? 1026 00:50:56,160 --> 00:50:58,680 Speaker 2: And I started looking around. You could actually start to 1027 00:50:58,719 --> 00:51:03,000 Speaker 2: see it. Well, just yesterday a video has gone viral. Guys, 1028 00:51:03,080 --> 00:51:05,000 Speaker 2: let's go and put this up there on the screen 1029 00:51:05,360 --> 00:51:07,960 Speaker 2: and play it as I'm talking over it. These are 1030 00:51:08,040 --> 00:51:13,200 Speaker 2: all of these crews operated Chevy Bolts causing a massive 1031 00:51:13,440 --> 00:51:18,440 Speaker 2: traffic jam. They're autonomous self driving vehicles. And one man 1032 00:51:18,560 --> 00:51:20,799 Speaker 2: is going, quote, are you telling me they have no 1033 00:51:20,920 --> 00:51:23,080 Speaker 2: way to get out of this? For those who are watching, 1034 00:51:23,120 --> 00:51:25,799 Speaker 2: you can see they're just lined up car after car 1035 00:51:25,840 --> 00:51:29,160 Speaker 2: after car. They have no idea where they're going, and 1036 00:51:29,360 --> 00:51:32,640 Speaker 2: they are all over the city of Austin, in downtown, 1037 00:51:32,760 --> 00:51:35,920 Speaker 2: and it's one of those where, look, I'm a believer 1038 00:51:36,120 --> 00:51:39,680 Speaker 2: that we will maybe eventually get to the self driving technology, 1039 00:51:39,880 --> 00:51:43,640 Speaker 2: but having experienced some of it, been in some friends 1040 00:51:43,640 --> 00:51:46,319 Speaker 2: and tried multiple different variations, at this point, yeah, we're 1041 00:51:46,760 --> 00:51:49,640 Speaker 2: not there yet yet. I think we're at a point where, 1042 00:51:49,680 --> 00:51:52,239 Speaker 2: you know, autopilot on highways, I think we're there. I 1043 00:51:52,239 --> 00:51:54,719 Speaker 2: think we're there everywhere else, I don't think we're there 1044 00:51:54,760 --> 00:51:58,240 Speaker 2: at all, especially not on the city street and especially 1045 00:51:58,320 --> 00:52:00,600 Speaker 2: not Austin where the infrastructure is not ready for the 1046 00:52:00,600 --> 00:52:03,319 Speaker 2: population boom that there is right now. So I think 1047 00:52:03,320 --> 00:52:05,920 Speaker 2: it's a little bit crazy. But it gets really to 1048 00:52:06,040 --> 00:52:08,239 Speaker 2: what the bill was saying is just like, hey, we 1049 00:52:08,280 --> 00:52:10,520 Speaker 2: want to have human drivers right in the autonomous truck 1050 00:52:10,719 --> 00:52:13,200 Speaker 2: to make sure, just to make sure that in case 1051 00:52:13,239 --> 00:52:16,280 Speaker 2: anything goes wrong, just like in that video, that somebody 1052 00:52:16,280 --> 00:52:19,360 Speaker 2: can do it. Now, if you can prove over millions 1053 00:52:19,400 --> 00:52:21,640 Speaker 2: of miles, you know, and all that that that won't 1054 00:52:21,680 --> 00:52:24,480 Speaker 2: be the case, then fine, maybe we can have that conversation. 1055 00:52:24,719 --> 00:52:27,719 Speaker 2: But in the interim it's probably a good idea. And 1056 00:52:27,920 --> 00:52:31,040 Speaker 2: we're talking about freaking eighteen wheeler trucks here, on major highways. 1057 00:52:31,040 --> 00:52:33,080 Speaker 2: I mean, if one thing goes wrong, you can kill people. 1058 00:52:33,160 --> 00:52:35,160 Speaker 2: Oh you get something to get terribly wrong. 1059 00:52:35,239 --> 00:52:38,520 Speaker 1: Yeah, absolutely, And you know you just come to realize 1060 00:52:38,560 --> 00:52:41,640 Speaker 1: when you're thinking about it, they can get like ninety 1061 00:52:41,680 --> 00:52:42,520 Speaker 1: five percent of the way. 1062 00:52:42,600 --> 00:52:43,560 Speaker 2: Yeah, you can get pretty close. 1063 00:52:43,640 --> 00:52:45,800 Speaker 1: You can get pretty close, but that last five percent 1064 00:52:45,880 --> 00:52:49,160 Speaker 1: is really important, definite. All these little you know, think 1065 00:52:49,200 --> 00:52:54,480 Speaker 1: of how many unusual, unique situations that you would encounter 1066 00:52:54,560 --> 00:52:57,000 Speaker 1: on the road. I mean, actually, when we're driving into 1067 00:52:57,120 --> 00:52:59,520 Speaker 1: DC last night, had this there was like you know, 1068 00:52:59,760 --> 00:53:01,560 Speaker 1: some you have broken down in the middle of the 1069 00:53:01,640 --> 00:53:03,560 Speaker 1: road and there's a fire truck and there's a police 1070 00:53:03,600 --> 00:53:05,640 Speaker 1: officers in the middle, and you got to do something 1071 00:53:05,680 --> 00:53:08,000 Speaker 1: weird to go around them that you know was against 1072 00:53:08,040 --> 00:53:10,839 Speaker 1: the typical traffic laws, but that's what it was. Necessitated 1073 00:53:10,880 --> 00:53:14,319 Speaker 1: that situation. Like they can't deal with those sorts of 1074 00:53:14,440 --> 00:53:17,760 Speaker 1: novel situations or the way that human means actually drive 1075 00:53:17,880 --> 00:53:20,080 Speaker 1: versus like the technical like you always talk about the. 1076 00:53:20,120 --> 00:53:23,360 Speaker 2: Left turn, leftding left turns. It's not there yet, yeah. 1077 00:53:23,480 --> 00:53:25,600 Speaker 1: I mean, and I think it'll probably be a while 1078 00:53:25,880 --> 00:53:28,759 Speaker 1: before you can work out because those last pieces are 1079 00:53:28,920 --> 00:53:33,440 Speaker 1: so complex and really require like the human eye and 1080 00:53:33,560 --> 00:53:36,080 Speaker 1: understanding of the situation and be able to process these 1081 00:53:36,120 --> 00:53:37,440 Speaker 1: things that are novel. Situation. 1082 00:53:37,560 --> 00:53:39,319 Speaker 2: Let me give you the real nightmare scenario. You're in 1083 00:53:39,360 --> 00:53:42,080 Speaker 2: a bad situation. You got to go two ways. You're 1084 00:53:42,080 --> 00:53:44,000 Speaker 2: going to hit somebody either way. There's a kid on 1085 00:53:44,040 --> 00:53:46,160 Speaker 2: the left, there's old person on the right. Who's the 1086 00:53:46,200 --> 00:53:50,080 Speaker 2: AI hitting. It's like, well, that's that's a scary one 1087 00:53:50,200 --> 00:53:53,480 Speaker 2: in these morals. Now by the way, we would I mean, 1088 00:53:53,480 --> 00:53:56,040 Speaker 2: I wouldn't even make that. You know, you obviously break 1089 00:53:56,080 --> 00:53:59,360 Speaker 2: and you try as easy as possible, but somewhere somewhere 1090 00:53:59,520 --> 00:54:02,440 Speaker 2: that has to programmed. Yeah, it's like that is a 1091 00:54:02,680 --> 00:54:06,200 Speaker 2: terrifying one to even contemplate. And you know, or even 1092 00:54:06,239 --> 00:54:10,000 Speaker 2: in terms of spins, and I've even read or heard 1093 00:54:10,040 --> 00:54:12,600 Speaker 2: about people who like to mess with Tesla's when they're 1094 00:54:12,600 --> 00:54:14,600 Speaker 2: in autopilots and like go into their lane because the 1095 00:54:14,600 --> 00:54:17,560 Speaker 2: car instantly reacts. But it's not scary. And then also 1096 00:54:17,640 --> 00:54:21,560 Speaker 2: it doesn't necessarily compute potholes all that well, something that 1097 00:54:21,800 --> 00:54:24,120 Speaker 2: we have a lot of here in Washington, d C. 1098 00:54:24,320 --> 00:54:27,960 Speaker 2: So it's just there's so so many things and the 1099 00:54:28,120 --> 00:54:31,120 Speaker 2: chaos of everyday human life, of which we're just not 1100 00:54:31,200 --> 00:54:32,600 Speaker 2: there yet. Yeah, we're just not there. 1101 00:54:32,640 --> 00:54:35,759 Speaker 1: But the moral questions, I mean, that's that's not a 1102 00:54:35,840 --> 00:54:39,920 Speaker 1: technological fix. No, yeah, we have about like do you 1103 00:54:40,040 --> 00:54:42,520 Speaker 1: hit the dog or do you still crash? 1104 00:54:42,600 --> 00:54:45,680 Speaker 2: Yeah, there you go, you know, like point squirrel even exactly. 1105 00:54:45,840 --> 00:54:48,880 Speaker 1: I mean, these are situations that happen not uncommonly, and 1106 00:54:48,920 --> 00:54:51,720 Speaker 1: we're going to outsource our moral judgment to a computer 1107 00:54:52,160 --> 00:54:53,560 Speaker 1: designed by whoever. 1108 00:54:53,840 --> 00:54:53,960 Speaker 2: Right. 1109 00:54:54,600 --> 00:54:58,319 Speaker 1: Scary scary future, very scary future that Gavin Newsom has 1110 00:54:58,320 --> 00:54:59,560 Speaker 1: now come down on the side of. 1111 00:55:01,960 --> 00:55:06,759 Speaker 2: Bombshell. New report from Michael Schellenberger over at Public his newsletter. 1112 00:55:07,239 --> 00:55:09,360 Speaker 2: He's done some great reporting on the subject, so I 1113 00:55:09,360 --> 00:55:11,640 Speaker 2: would definitely want to give him credit. Let's please go 1114 00:55:11,680 --> 00:55:13,200 Speaker 2: ahead and put this up there on the screen, and 1115 00:55:13,239 --> 00:55:15,880 Speaker 2: I'm going to read a little bit from his report. Quote. 1116 00:55:15,880 --> 00:55:18,960 Speaker 2: In August, shortly after the US government UFO whistleblower David 1117 00:55:19,000 --> 00:55:22,640 Speaker 2: Grush gave testimony to Congress about crash spacecraft and alien biologics. 1118 00:55:22,800 --> 00:55:25,719 Speaker 2: Many observers wonder how much credence to put into his testimony. 1119 00:55:25,880 --> 00:55:28,800 Speaker 2: Grush is just a single individual. The other individual individuals 1120 00:55:28,840 --> 00:55:32,400 Speaker 2: were just former Navy pilots, but at least thirty whistleblowers 1121 00:55:32,440 --> 00:55:35,680 Speaker 2: working for the federal government or government contractors have given 1122 00:55:35,719 --> 00:55:38,640 Speaker 2: testimony or a protected disclosure to the Office of the 1123 00:55:39,120 --> 00:55:43,080 Speaker 2: Intelligence Community Inspector General, the Defense Inspector General, and to 1124 00:55:43,160 --> 00:55:46,360 Speaker 2: Congress over the last several months. According to multiple sources 1125 00:55:46,400 --> 00:55:49,720 Speaker 2: now interviewed by public. When told whistleblowers had come forward 1126 00:55:49,920 --> 00:55:53,560 Speaker 2: to share this information, even skeptics the people like Mick 1127 00:55:53,600 --> 00:55:55,960 Speaker 2: West had said it'd be interesting. More people saying the 1128 00:55:55,960 --> 00:55:58,720 Speaker 2: same thing independently makes it more likely to be true. 1129 00:55:58,960 --> 00:56:01,160 Speaker 2: What they say is that this is all in the 1130 00:56:01,200 --> 00:56:04,719 Speaker 2: backdrop of a very confusing report Crystal that came out 1131 00:56:04,760 --> 00:56:07,560 Speaker 2: from the Inspector General that was made on September fifteenth. 1132 00:56:07,800 --> 00:56:11,000 Speaker 2: In that September fifteenth letter, the current Inspector General of 1133 00:56:11,000 --> 00:56:15,279 Speaker 2: the Intelligence Community appeared to deny that his office was 1134 00:56:15,320 --> 00:56:18,239 Speaker 2: investigating these claims. He said quote that the office has 1135 00:56:18,280 --> 00:56:21,600 Speaker 2: not conducted any audit, inspection evaluation review of alleged UAP 1136 00:56:21,760 --> 00:56:26,360 Speaker 2: programs within responsibility authority of the DNI. But the wording 1137 00:56:26,520 --> 00:56:29,560 Speaker 2: actually of his response gives him a lot of wiggle 1138 00:56:29,640 --> 00:56:32,960 Speaker 2: room of which this testimony now fits into, which is 1139 00:56:32,960 --> 00:56:37,040 Speaker 2: that the original official taxonomy quote for the ICIG activities 1140 00:56:37,160 --> 00:56:40,840 Speaker 2: include audits, investigations, inspections and reviews. It is then curious 1141 00:56:40,840 --> 00:56:44,520 Speaker 2: that an investigation is not being denied. So there's a 1142 00:56:44,520 --> 00:56:47,280 Speaker 2: lot of word salad that this all comes back into, 1143 00:56:47,400 --> 00:56:51,600 Speaker 2: but the very basic is what Schollenberger can report. More 1144 00:56:51,719 --> 00:56:56,680 Speaker 2: than thirty former or current officials have made classified disclosures 1145 00:56:56,719 --> 00:56:59,880 Speaker 2: to the Inspector General of both the DoD two con 1146 00:57:00,040 --> 00:57:03,359 Speaker 2: UNGRESS and through the intelligence community around some of these 1147 00:57:03,440 --> 00:57:07,640 Speaker 2: alleged programs and some of the details about what's actually 1148 00:57:07,640 --> 00:57:12,000 Speaker 2: happening here, you know, really go into some of what 1149 00:57:12,120 --> 00:57:16,160 Speaker 2: GRUSH has made claims around, both in terms of recovered 1150 00:57:16,200 --> 00:57:20,840 Speaker 2: craft quote unquote biologics, in terms of quote like kinetic 1151 00:57:21,040 --> 00:57:25,840 Speaker 2: incidents in some cases, you know, between these, between these 1152 00:57:25,960 --> 00:57:29,400 Speaker 2: alleged you know, how do I say it being's craft 1153 00:57:29,840 --> 00:57:33,640 Speaker 2: whatever people are saying, and I think it's just pretty extraordinary. 1154 00:57:33,720 --> 00:57:36,000 Speaker 2: The other one that I definitely want to highlight is 1155 00:57:36,040 --> 00:57:40,400 Speaker 2: this quote. Testimony has included both firs hand and secondhand 1156 00:57:40,400 --> 00:57:44,360 Speaker 2: reports of crash retrieval and reverse engineering programs by the 1157 00:57:44,520 --> 00:57:48,000 Speaker 2: United States, Russian and Chinese governments, the testing of materials 1158 00:57:48,000 --> 00:57:52,120 Speaker 2: obtained from retrieve craft, active and ongoing government disinformation operations, 1159 00:57:52,320 --> 00:57:56,920 Speaker 2: kinetic military action with UAP's AKA shootdown or tried shootdown, 1160 00:57:57,120 --> 00:58:00,800 Speaker 2: and contact collaboration with quote non human intelligence, and the 1161 00:58:00,840 --> 00:58:05,560 Speaker 2: successful reverse engineering of a triangle shape craft with unconventional propulsion. 1162 00:58:05,680 --> 00:58:09,880 Speaker 2: So some more interesting reporting there coming out from Michael Schellenberger. 1163 00:58:09,920 --> 00:58:12,720 Speaker 2: And before everybody says like show it to me, I agree, listen, 1164 00:58:12,760 --> 00:58:14,240 Speaker 2: show it to me. I want to see it too. 1165 00:58:14,280 --> 00:58:16,480 Speaker 2: I want to see him come before Congress. But don't 1166 00:58:16,520 --> 00:58:19,680 Speaker 2: forget we're seeing a major stonewalling right now in Congress. 1167 00:58:19,960 --> 00:58:22,600 Speaker 2: Congressman Tim Burchett and a Paulina Luna. They've said we 1168 00:58:22,680 --> 00:58:24,960 Speaker 2: will have another hearing all of that, that's what they've 1169 00:58:25,000 --> 00:58:27,120 Speaker 2: been granted, but they still have not been given the 1170 00:58:27,240 --> 00:58:31,360 Speaker 2: special compartmentalized access to be given a classified briefing Guy Grush, 1171 00:58:31,400 --> 00:58:33,960 Speaker 2: which it doesn't make any sense to me. I've spoken 1172 00:58:34,000 --> 00:58:36,640 Speaker 2: now with people on the Hill and I'm like, if 1173 00:58:36,640 --> 00:58:38,760 Speaker 2: you're a normal congressman, like, why is it so hard 1174 00:58:39,000 --> 00:58:42,320 Speaker 2: to just book a special compartmentalized facility to get a briefing. 1175 00:58:42,480 --> 00:58:43,760 Speaker 2: And they're like, well, if it had to do with 1176 00:58:43,800 --> 00:58:46,080 Speaker 2: iron or something like that, you could get it done easily. 1177 00:58:46,120 --> 00:58:48,400 Speaker 2: But they keep getting denied access and it's all up 1178 00:58:48,440 --> 00:58:51,320 Speaker 2: to the House Intelligence Community Committee which apparently doesn't want 1179 00:58:51,360 --> 00:58:53,160 Speaker 2: anything to do with this, so a whole there's a 1180 00:58:53,160 --> 00:58:55,040 Speaker 2: lot of crazy stuff that's going on behind the scenes. 1181 00:58:55,120 --> 00:58:57,200 Speaker 1: I mean, it's very If this is true and you've 1182 00:58:57,200 --> 00:59:00,680 Speaker 1: got thirty to fifty more whistleblowers who are corroborating some 1183 00:59:00,800 --> 00:59:03,080 Speaker 1: aspects of the story, obviously anyone would have to look 1184 00:59:03,080 --> 00:59:05,200 Speaker 1: at that and say that's very interesting. Of course, is 1185 00:59:05,240 --> 00:59:08,440 Speaker 1: there a sager Do we have any expectation of when 1186 00:59:08,560 --> 00:59:11,360 Speaker 1: we'll learn more about what these whistleblowers are saying, because 1187 00:59:11,400 --> 00:59:15,200 Speaker 1: the information here is very vague about what pieces of 1188 00:59:15,200 --> 00:59:18,120 Speaker 1: the story they're corroborating, whether it's actual you know, the 1189 00:59:18,360 --> 00:59:22,560 Speaker 1: craft retrieval programs, et cetera, or whether it is wrongdoing 1190 00:59:22,760 --> 00:59:25,480 Speaker 1: within this program, which may not be indicative of anything 1191 00:59:25,520 --> 00:59:27,160 Speaker 1: with regard to extra trustrial life. 1192 00:59:27,240 --> 00:59:27,439 Speaker 4: Yeah. 1193 00:59:27,440 --> 00:59:30,280 Speaker 2: I mean, it's one of those where the disclosure can 1194 00:59:30,400 --> 00:59:33,960 Speaker 2: only come through an open forum, and the only open 1195 00:59:34,040 --> 00:59:37,680 Speaker 2: forum that we currently have is Congress, and Congress needs 1196 00:59:37,720 --> 00:59:40,280 Speaker 2: to do more of what they did with Grush. One 1197 00:59:40,320 --> 00:59:42,000 Speaker 2: of the reasons why I love that hearing is, look, 1198 00:59:42,000 --> 00:59:44,320 Speaker 2: it's all under oath. If he lied, I'll be the 1199 00:59:44,360 --> 00:59:47,040 Speaker 2: first one to prosecute him, all right, throw his ass 1200 00:59:47,080 --> 00:59:49,240 Speaker 2: in jail because he wasted my time and he wasted 1201 00:59:49,240 --> 00:59:52,800 Speaker 2: the American people's times. He said all this stuff under oath. 1202 00:59:53,120 --> 00:59:56,160 Speaker 2: Now let's get to the point of well, did he 1203 00:59:56,280 --> 00:59:58,440 Speaker 2: lie did he not lie? Let's get to the investigation 1204 00:59:58,520 --> 01:00:02,560 Speaker 2: of the Inspector General community. And also in terms of 1205 01:00:02,840 --> 01:00:04,960 Speaker 2: the way that all of these come out, the parsing 1206 01:00:05,080 --> 01:00:07,600 Speaker 2: of the language, they always try and emphasize one thing, 1207 01:00:07,640 --> 01:00:10,200 Speaker 2: there's nothing going on behind the scenes, this is all crap, 1208 01:00:10,360 --> 01:00:14,920 Speaker 2: But they always leave themselves room for no real explicit 1209 01:00:14,960 --> 01:00:17,240 Speaker 2: denial of what's happening. And I just have to recall 1210 01:00:17,440 --> 01:00:20,400 Speaker 2: that when Grush came forward his claims, I'm not saying 1211 01:00:20,440 --> 01:00:22,880 Speaker 2: they were vetted by the Inspector General, but they called 1212 01:00:23,000 --> 01:00:27,040 Speaker 2: them urgent and credible. His allegations that were made. He's 1213 01:00:27,080 --> 01:00:30,000 Speaker 2: now spoken out. He's did a big documentary with some 1214 01:00:30,040 --> 01:00:32,720 Speaker 2: of the Yes Theory guys. I recommend people go and 1215 01:00:33,040 --> 01:00:35,600 Speaker 2: listen to it if you're interested. But what I'm looking 1216 01:00:35,600 --> 01:00:37,240 Speaker 2: for is not just David Grush. I mean to me, 1217 01:00:37,320 --> 01:00:38,960 Speaker 2: you know, no offense to him. I think he's, you know, 1218 01:00:39,080 --> 01:00:42,240 Speaker 2: courageous man for coming forward. But it's not about him. 1219 01:00:42,280 --> 01:00:44,480 Speaker 2: It's about the claim, whether it's true, and whether there 1220 01:00:44,480 --> 01:00:47,960 Speaker 2: are multiple other people who can corroborate it. So Shallenberger, 1221 01:00:48,000 --> 01:00:49,720 Speaker 2: I mean, was one of the first to also report 1222 01:00:49,800 --> 01:00:52,040 Speaker 2: after Grush came forward about some of what was going on. 1223 01:00:52,240 --> 01:00:55,920 Speaker 2: He's a knowledgeable source and his reporting has not been denied, 1224 01:00:56,240 --> 01:00:59,080 Speaker 2: you know, by people inside of the intelligence community, by 1225 01:00:59,080 --> 01:01:01,760 Speaker 2: the DD Inspector General. They always fall back on the 1226 01:01:01,760 --> 01:01:05,200 Speaker 2: same thing, like with the bs NASA conference, We've got 1227 01:01:05,320 --> 01:01:08,360 Speaker 2: no evidence of extraterrestrial life. It's like, yeah, but you're 1228 01:01:08,480 --> 01:01:11,000 Speaker 2: admitting in an open form you have no idea what 1229 01:01:11,040 --> 01:01:13,480 Speaker 2: any of this stuff is. You have no clue. And 1230 01:01:13,520 --> 01:01:15,440 Speaker 2: it's like, well, yeah, you have no evidence that it is. 1231 01:01:15,440 --> 01:01:17,000 Speaker 2: You got no evidence that it Isn't you just have 1232 01:01:17,040 --> 01:01:18,880 Speaker 2: no evidence period because you don't know what the hell 1233 01:01:19,240 --> 01:01:22,840 Speaker 2: is going on. And obviously I want to believe, but 1234 01:01:22,920 --> 01:01:25,880 Speaker 2: I'm keeping my skeptics hat on. As everyone saw with 1235 01:01:26,240 --> 01:01:30,720 Speaker 2: the Aliens incident, the body on this one, I just 1236 01:01:31,200 --> 01:01:34,640 Speaker 2: want more people to come forward in a public setting, 1237 01:01:34,880 --> 01:01:38,080 Speaker 2: and ultimately it just comes down to programs like ours 1238 01:01:38,280 --> 01:01:41,840 Speaker 2: educating people so that they can pressure Congress. I mean, 1239 01:01:42,040 --> 01:01:44,480 Speaker 2: one thing that I will say about the public pressure 1240 01:01:44,800 --> 01:01:47,480 Speaker 2: when I showed up to that UFO hearing. I was stuck. 1241 01:01:47,760 --> 01:01:50,640 Speaker 2: There were there was only thirty seats for the public. 1242 01:01:51,040 --> 01:01:53,520 Speaker 2: Hundreds of people lined up out of the back. The 1243 01:01:53,560 --> 01:01:57,280 Speaker 2: staffers told me they had not seen public participation or 1244 01:01:57,360 --> 01:02:01,160 Speaker 2: enthusiasm for hearing like that since the wreaking Muller report 1245 01:02:01,320 --> 01:02:04,080 Speaker 2: in twenty seventeen. And there's a very different crowd. Some 1246 01:02:04,120 --> 01:02:06,680 Speaker 2: guys that I met there. Burchette even talked about this. 1247 01:02:06,720 --> 01:02:08,680 Speaker 2: One guy flew all the way from Belgium just to 1248 01:02:08,720 --> 01:02:12,040 Speaker 2: attend this hearing. Like people are really interested, really in 1249 01:02:12,080 --> 01:02:14,640 Speaker 2: the subject. So yeah, I know, I personally I wouldn't 1250 01:02:14,680 --> 01:02:17,160 Speaker 2: do it, but hey, you know, Belgium's a boring country. 1251 01:02:17,240 --> 01:02:20,880 Speaker 2: No offense. It's very beautiful, don't get me wrong. Good chocolate, Yeah, 1252 01:02:20,920 --> 01:02:24,440 Speaker 2: good chocolate, good fries freaks as they call them, so beautiful. 1253 01:02:25,320 --> 01:02:27,680 Speaker 2: I didn't truy the I didn't have hot chocolate. It 1254 01:02:27,720 --> 01:02:29,520 Speaker 2: was delicious. Antwerp, by the way, one of the most 1255 01:02:29,520 --> 01:02:31,440 Speaker 2: beautiful cities have ever been. To shout out to Antwerp. 1256 01:02:31,800 --> 01:02:34,680 Speaker 2: But my point though, is that immense public pressure and 1257 01:02:34,720 --> 01:02:38,040 Speaker 2: public interest. It's something these politicians and no offense. I 1258 01:02:38,080 --> 01:02:39,840 Speaker 2: think Burchett is a believer, but the rest of them, 1259 01:02:39,880 --> 01:02:42,400 Speaker 2: I don't care. They don't care either way, but they 1260 01:02:42,440 --> 01:02:45,440 Speaker 2: see that the public is animated and interested, and so 1261 01:02:45,520 --> 01:02:47,320 Speaker 2: I think it was a big wake up call for 1262 01:02:47,440 --> 01:02:49,560 Speaker 2: many of the people, at least anecdotally from what I 1263 01:02:49,600 --> 01:02:51,440 Speaker 2: saw when I was in the room, many of the 1264 01:02:51,440 --> 01:02:54,240 Speaker 2: people who were in Congress were stunned at the amount 1265 01:02:54,320 --> 01:02:57,680 Speaker 2: of attention that people were that they were receiving of. 1266 01:02:57,880 --> 01:02:59,959 Speaker 2: Just I mean, Burchick was agreed to, like a select 1267 01:03:00,280 --> 01:03:03,000 Speaker 2: use taking freaking selfies with them. So play a little 1268 01:03:03,000 --> 01:03:05,520 Speaker 2: bit to their vanity, you know, make it politically beneficial 1269 01:03:05,560 --> 01:03:09,320 Speaker 2: to them to push for investigation. And because a lot 1270 01:03:09,360 --> 01:03:11,919 Speaker 2: of the powers that be behind the scenes, like I said, 1271 01:03:11,960 --> 01:03:14,720 Speaker 2: the House Intelligence Community and a committee and others, they're 1272 01:03:14,720 --> 01:03:17,120 Speaker 2: trying to quash this stuff. And so if you show 1273 01:03:17,160 --> 01:03:19,200 Speaker 2: them that it's undeniable and that we have to have 1274 01:03:19,320 --> 01:03:22,360 Speaker 2: more disclosure, more people under oath, and to just talk 1275 01:03:22,400 --> 01:03:24,520 Speaker 2: about it in an open public setting and form and 1276 01:03:24,560 --> 01:03:27,600 Speaker 2: get real yes or no answers to our questions, that's 1277 01:03:27,640 --> 01:03:30,000 Speaker 2: how we move forward and actually have a path to 1278 01:03:30,280 --> 01:03:34,200 Speaker 2: real transparency, which is what our goal should be. Indeed, Okay, 1279 01:03:34,480 --> 01:03:35,600 Speaker 2: let's talk about the podcast. 1280 01:03:35,800 --> 01:03:39,720 Speaker 1: So really fascinating story about how two podcasters and their 1281 01:03:39,720 --> 01:03:42,960 Speaker 1: attempt to launch this new show have run straight up 1282 01:03:43,000 --> 01:03:47,280 Speaker 1: against some Biden era policy with regard to his efforts 1283 01:03:47,320 --> 01:03:49,760 Speaker 1: to end noncompete clauses. Put this up on the screen. 1284 01:03:49,960 --> 01:03:52,400 Speaker 1: Great report from Jeff stinerver the Washington Post. The headline 1285 01:03:52,440 --> 01:03:55,720 Speaker 1: here is their podcast is in trouble. A Biden led 1286 01:03:55,800 --> 01:04:00,800 Speaker 1: crackdown may save them. So the backstory here these two gentlemen, 1287 01:04:01,000 --> 01:04:03,960 Speaker 1: Dan McDowell and Jake Kemp is they had a radio 1288 01:04:03,960 --> 01:04:07,439 Speaker 1: show that was really super popular in Texas. They worked 1289 01:04:07,440 --> 01:04:10,320 Speaker 1: for Cumulus Media and they couldn't come to terms on 1290 01:04:10,440 --> 01:04:13,680 Speaker 1: new contracts, so they left and they decided to launch 1291 01:04:13,720 --> 01:04:17,520 Speaker 1: their own podcast called The Dumb Zone. Well, lo and behold, 1292 01:04:17,960 --> 01:04:21,919 Speaker 1: Cumulus Media sent them a letter that said, no, no, no, 1293 01:04:22,360 --> 01:04:25,520 Speaker 1: you have a six month non compete. You cannot start 1294 01:04:25,680 --> 01:04:28,840 Speaker 1: this other podcast. Basically you can't work at all for 1295 01:04:29,040 --> 01:04:33,160 Speaker 1: that six month period because of this non compete. Well, 1296 01:04:33,200 --> 01:04:36,760 Speaker 1: as I mentioned before, the Biden administration is trying to 1297 01:04:37,120 --> 01:04:40,560 Speaker 1: end the abuse of these non compete agreements. Back in May, 1298 01:04:40,600 --> 01:04:43,560 Speaker 1: when of President Biden's appointees from the NLRB published legal 1299 01:04:43,560 --> 01:04:47,480 Speaker 1: guidance finding that overly broad non compete agreements violate federal 1300 01:04:47,560 --> 01:04:50,840 Speaker 1: labor law, and so they are going to court to 1301 01:04:51,320 --> 01:04:56,080 Speaker 1: challenge this non compete from Cumulus Media, and it could 1302 01:04:56,200 --> 01:04:59,320 Speaker 1: end up being the case that really ends a lot 1303 01:04:59,400 --> 01:05:01,720 Speaker 1: of over really broad and non competes that have taken 1304 01:05:01,760 --> 01:05:07,120 Speaker 1: hold in massive ways on our economy. They had the 1305 01:05:07,280 --> 01:05:10,560 Speaker 1: estimate here of just how much of our economy is 1306 01:05:10,600 --> 01:05:13,600 Speaker 1: governed now by non competes, and it's a huge percentage 1307 01:05:13,640 --> 01:05:16,320 Speaker 1: of the workforce for things that are insane, like we've 1308 01:05:16,320 --> 01:05:20,440 Speaker 1: talked Soger before about like sandwich makers that are being 1309 01:05:20,480 --> 01:05:24,120 Speaker 1: supposedly governed by non competes. I mean industries where this 1310 01:05:24,200 --> 01:05:26,480 Speaker 1: makes no sense at all, because the original idea is 1311 01:05:26,480 --> 01:05:30,320 Speaker 1: if you are privy to trade secrets, then potentially it 1312 01:05:30,360 --> 01:05:33,080 Speaker 1: makes sense. But it's just gotten wildly on PA. 1313 01:05:33,120 --> 01:05:34,680 Speaker 2: I have it here in front of me. Roughly thirty 1314 01:05:34,760 --> 01:05:38,240 Speaker 2: million workers collectively lose three hundred billion dollars a year 1315 01:05:38,280 --> 01:05:40,720 Speaker 2: in wages because of non compete agreements, according to the 1316 01:05:40,720 --> 01:05:44,760 Speaker 2: Federal Trade Commission, and currently eighteen percent of the entire 1317 01:05:44,920 --> 01:05:48,480 Speaker 2: labor market is currently governed by a non compete agreement. 1318 01:05:48,520 --> 01:05:51,600 Speaker 2: It's total and complete BS. Now, look, we are not 1319 01:05:51,760 --> 01:05:54,800 Speaker 2: saying here you should be able to walk out. Let's 1320 01:05:54,800 --> 01:05:57,400 Speaker 2: say you're a lawyer. You can't walk out with the 1321 01:05:57,560 --> 01:06:00,800 Speaker 2: client list, for example, and just say like in terms 1322 01:06:00,800 --> 01:06:04,919 Speaker 2: of proprietary information. But what should stop you, though, from 1323 01:06:05,000 --> 01:06:07,600 Speaker 2: leaving and then going to the client and be like, Hey, 1324 01:06:07,840 --> 01:06:10,160 Speaker 2: I think that I could provide you a better service. 1325 01:06:10,320 --> 01:06:12,520 Speaker 2: What's wrong with that? If you if it's up to 1326 01:06:12,560 --> 01:06:14,080 Speaker 2: the client, and it's up to you, if you think 1327 01:06:14,120 --> 01:06:16,880 Speaker 2: you could provide a better service, then godspeed. And you 1328 01:06:16,920 --> 01:06:18,880 Speaker 2: know this one, maybe this one is just a little 1329 01:06:18,880 --> 01:06:22,000 Speaker 2: too personal, Crystal, because we quite literally had to suffer 1330 01:06:22,040 --> 01:06:24,720 Speaker 2: the list. I mean, I think people should understand. You know, 1331 01:06:24,760 --> 01:06:27,080 Speaker 2: it's not just white collar workers or people like us. 1332 01:06:27,160 --> 01:06:29,920 Speaker 2: Oh feel bad for the podcasters. There are millions of 1333 01:06:29,920 --> 01:06:32,800 Speaker 2: people who are governed by this and are held and 1334 01:06:32,880 --> 01:06:35,600 Speaker 2: basically forced to work against their will. You and I 1335 01:06:35,720 --> 01:06:38,120 Speaker 2: not to go too into the scenes, we're quite literally 1336 01:06:38,160 --> 01:06:41,000 Speaker 2: forced to work against our will as part of some 1337 01:06:41,160 --> 01:06:44,760 Speaker 2: negotiations and work a place that we did not want 1338 01:06:44,800 --> 01:06:46,640 Speaker 2: to be at in order to make sure that we 1339 01:06:46,640 --> 01:06:50,120 Speaker 2: were not subject to these ridiculous non compete agreement. And 1340 01:06:50,440 --> 01:06:52,680 Speaker 2: one of the reasons why you know this is such 1341 01:06:52,680 --> 01:06:55,400 Speaker 2: a ridiculous one is, Crystal, they're basically claiming that they 1342 01:06:55,440 --> 01:06:59,280 Speaker 2: were not allowed to work for six straight months after 1343 01:06:59,440 --> 01:07:02,360 Speaker 2: not even signing a new contract. It's not like they left, 1344 01:07:02,560 --> 01:07:05,040 Speaker 2: they didn't come to a new agreement. And now they're 1345 01:07:05,080 --> 01:07:08,320 Speaker 2: being sued in court and putting this to a test. 1346 01:07:08,360 --> 01:07:10,080 Speaker 2: So you know, by the way, shout out to my 1347 01:07:10,120 --> 01:07:12,240 Speaker 2: friend Akash saying he actually put me in touch with 1348 01:07:12,280 --> 01:07:14,000 Speaker 2: these gentlemen. He's a friend of theirs. He's one of 1349 01:07:14,040 --> 01:07:17,320 Speaker 2: the ones who encouraged them in order to go public. 1350 01:07:17,400 --> 01:07:18,960 Speaker 2: So all of us do kind of a band and 1351 01:07:19,400 --> 01:07:22,240 Speaker 2: stick together. But you know, the point is that these 1352 01:07:22,320 --> 01:07:25,320 Speaker 2: gents have the absolute right, in my opinion, to be 1353 01:07:25,400 --> 01:07:27,720 Speaker 2: able to leave and to continue the show of which 1354 01:07:27,760 --> 01:07:31,920 Speaker 2: the intellectual property had nothing to do with the cumulous media. 1355 01:07:31,920 --> 01:07:34,520 Speaker 2: It had to do with their content, as you and 1356 01:07:34,560 --> 01:07:37,840 Speaker 2: I have discovered over here at breaking points, rebuilding a 1357 01:07:37,880 --> 01:07:40,240 Speaker 2: channel from zero to a million in just the span 1358 01:07:40,600 --> 01:07:42,600 Speaker 2: of two years. It's because it was about me and 1359 01:07:42,640 --> 01:07:44,880 Speaker 2: it was about you, and it wasn't really about whatever 1360 01:07:44,880 --> 01:07:47,920 Speaker 2: we were doing over whatever the Hill was giving us 1361 01:07:48,000 --> 01:07:51,040 Speaker 2: at that time. And that's why it's really about the 1362 01:07:51,120 --> 01:07:55,320 Speaker 2: empowerment to the overall individual citizen that corporations do not 1363 01:07:55,600 --> 01:07:58,560 Speaker 2: own you, even after you were under contract with them. 1364 01:07:58,600 --> 01:08:02,480 Speaker 2: The entire idea actually is very dirty and gross history 1365 01:08:03,160 --> 01:08:06,520 Speaker 2: spanning back to indentured servitude and when we had no 1366 01:08:06,760 --> 01:08:09,160 Speaker 2: labor rights in the seventeen nineties. The idea that you know, 1367 01:08:09,440 --> 01:08:10,920 Speaker 2: you owe me your labor and then I can even 1368 01:08:10,920 --> 01:08:13,680 Speaker 2: control where you go work afterwards because of the trade 1369 01:08:13,680 --> 01:08:15,680 Speaker 2: secrets and all that. We need to get away from this. 1370 01:08:15,680 --> 01:08:17,479 Speaker 2: This is very patrician nonsense. 1371 01:08:17,600 --> 01:08:19,760 Speaker 1: Yeah, and this is I mean, this is a genuinely 1372 01:08:19,760 --> 01:08:22,519 Speaker 1: good direction that the Biden NLRB and actually the FTC, 1373 01:08:22,720 --> 01:08:25,160 Speaker 1: the Federal Trade Commission has also under Biden moved in 1374 01:08:25,200 --> 01:08:27,479 Speaker 1: the same direction. But it's going to, apparently for some reason, 1375 01:08:27,520 --> 01:08:31,080 Speaker 1: take longer for them to issue their guidance. But apparently 1376 01:08:31,120 --> 01:08:33,960 Speaker 1: there was a sort of dispute under the Obama administration 1377 01:08:34,320 --> 01:08:37,720 Speaker 1: between Obama and Biden, and you know, various factions within 1378 01:08:37,760 --> 01:08:41,240 Speaker 1: the administration about this same issue, and Obama came down 1379 01:08:41,280 --> 01:08:42,519 Speaker 1: on the side of that. I don't know if we 1380 01:08:42,520 --> 01:08:45,120 Speaker 1: can really limit these things. Biden has been really clear. 1381 01:08:45,160 --> 01:08:48,040 Speaker 1: He gave a speech several years back before he was 1382 01:08:48,080 --> 01:08:50,800 Speaker 1: in the White House about how he saw this as 1383 01:08:50,880 --> 01:08:53,320 Speaker 1: you know, a violation of federal law. And now the 1384 01:08:53,360 --> 01:08:55,519 Speaker 1: people that he's put in place in the administration have 1385 01:08:55,560 --> 01:08:58,320 Speaker 1: attempted to make good on it. Matt Brunnig, who's the 1386 01:08:58,320 --> 01:09:01,679 Speaker 1: founder of the People's Policy Project and also a labor attorney, 1387 01:09:01,680 --> 01:09:05,240 Speaker 1: he's the one who actually filed the host's petition to 1388 01:09:05,280 --> 01:09:08,439 Speaker 1: the Natural Labor Relations Board to try to uphold this 1389 01:09:08,560 --> 01:09:11,639 Speaker 1: guidance about the non compete clause, and he says, listen 1390 01:09:11,760 --> 01:09:14,920 Speaker 1: if the NLRB finds in their favor, because the courts 1391 01:09:14,960 --> 01:09:18,679 Speaker 1: are supposed to defer to the NLRB's judgment on issues 1392 01:09:18,720 --> 01:09:21,719 Speaker 1: such as this. He says, there's nothing to stop everyone 1393 01:09:21,720 --> 01:09:24,040 Speaker 1: else in the country with a noncompete clause from doing 1394 01:09:24,040 --> 01:09:25,800 Speaker 1: the same thing, because at that point, all you have 1395 01:09:25,840 --> 01:09:28,439 Speaker 1: to do is quit your job. Point to the NLRB case, 1396 01:09:28,520 --> 01:09:31,800 Speaker 1: and you are golden. He also said that this particular 1397 01:09:31,880 --> 01:09:34,680 Speaker 1: suit against the hosts of The Dumb Zone from Cumulus 1398 01:09:34,680 --> 01:09:38,240 Speaker 1: Media perfectly reflects the kind of corporate overreach the nrb's 1399 01:09:38,280 --> 01:09:41,320 Speaker 1: guidances intended to stop. Quote their contract clauses make it 1400 01:09:41,360 --> 01:09:45,200 Speaker 1: so these guys have no outside option. They cannot really 1401 01:09:45,320 --> 01:09:49,439 Speaker 1: leave the employer without facing huge legal backlash. You're bound 1402 01:09:49,479 --> 01:09:53,200 Speaker 1: to the employer, and you effectively cannot leave without their permission, 1403 01:09:53,680 --> 01:09:58,639 Speaker 1: And that is so incredibly important to focus on because 1404 01:09:59,000 --> 01:10:01,639 Speaker 1: think of how much mon popoly consolidation that we've had, 1405 01:10:01,840 --> 01:10:04,640 Speaker 1: especially in the media space, but in so many sectors. 1406 01:10:05,040 --> 01:10:07,000 Speaker 1: So if you have no other option, you can't go 1407 01:10:07,040 --> 01:10:10,040 Speaker 1: to a competitor. There are barely any competitors. You can't 1408 01:10:10,080 --> 01:10:12,160 Speaker 1: hang up your own shingle, as these guys did with 1409 01:10:12,200 --> 01:10:14,639 Speaker 1: their own you know, individual podcasts, which, by the way, 1410 01:10:14,640 --> 01:10:16,679 Speaker 1: the appears to have been pretty successful for them. They're 1411 01:10:16,720 --> 01:10:18,439 Speaker 1: doing well. It sounds like a funny podcast. I've never 1412 01:10:18,439 --> 01:10:20,559 Speaker 1: listened to it, but yea, yeah, I don't really sound 1413 01:10:20,640 --> 01:10:24,160 Speaker 1: charming and very sports those stories for culture whatever. 1414 01:10:24,400 --> 01:10:28,040 Speaker 2: Yeah, but if vouches for them, then I'll I might 1415 01:10:28,120 --> 01:10:28,519 Speaker 2: check it out. 1416 01:10:28,560 --> 01:10:31,759 Speaker 1: Actually, But anyway, the point is, you leave these people 1417 01:10:31,800 --> 01:10:35,040 Speaker 1: with no options, like you keep them locked up in 1418 01:10:35,240 --> 01:10:38,080 Speaker 1: it is sort of a form of modern indentured servitude. 1419 01:10:38,360 --> 01:10:41,160 Speaker 1: You keep them completely locked up. So if they're able 1420 01:10:41,200 --> 01:10:44,960 Speaker 1: to succeed and NLRB backs their case, that is a 1421 01:10:45,000 --> 01:10:49,160 Speaker 1: game changer for millions and millions of workers who are 1422 01:10:49,200 --> 01:10:52,040 Speaker 1: dealing with very similar issues, whether they're at a sandwich 1423 01:10:52,040 --> 01:10:54,880 Speaker 1: shop or podcast hosts, or wherever they may be in 1424 01:10:54,920 --> 01:10:55,760 Speaker 1: the workforce. 1425 01:10:55,800 --> 01:10:58,479 Speaker 2: And also, guys, if you support independent media or the 1426 01:10:58,560 --> 01:11:02,000 Speaker 2: ability to consume the content at your own choice, this 1427 01:11:02,080 --> 01:11:04,440 Speaker 2: is an important case for you because there are millions, 1428 01:11:04,600 --> 01:11:07,639 Speaker 2: There are lots of people who work in these media 1429 01:11:07,720 --> 01:11:11,400 Speaker 2: organizations who are tied like down to the stake at 1430 01:11:11,400 --> 01:11:13,760 Speaker 2: these corporations because they own I mean, even look at 1431 01:11:13,760 --> 01:11:16,320 Speaker 2: the Tucker case, look at the way that they're able 1432 01:11:16,360 --> 01:11:18,559 Speaker 2: to that. There's a reason this shows only on Twitter, 1433 01:11:18,720 --> 01:11:20,639 Speaker 2: that's the only place that you can post without being 1434 01:11:20,640 --> 01:11:24,479 Speaker 2: in technical violation well content. Yeah, and even that, they're 1435 01:11:24,520 --> 01:11:26,280 Speaker 2: still trying to sue them. And there's all sorts of 1436 01:11:26,600 --> 01:11:29,559 Speaker 2: behind the scenes stuff like if you are not working 1437 01:11:29,600 --> 01:11:32,120 Speaker 2: somewhere else, they should not be able to control what 1438 01:11:32,160 --> 01:11:34,320 Speaker 2: you are doing. And even if they get you to 1439 01:11:34,360 --> 01:11:37,679 Speaker 2: sign it because you know, bonuses or whatever, like these 1440 01:11:37,680 --> 01:11:40,479 Speaker 2: things should not be enforceable. And if we can keep 1441 01:11:40,520 --> 01:11:42,600 Speaker 2: this at the national level, it will free up a 1442 01:11:42,640 --> 01:11:44,839 Speaker 2: lot of people. And it's one of the last tools 1443 01:11:45,040 --> 01:11:48,719 Speaker 2: establishment media really has over the people because they control 1444 01:11:48,760 --> 01:11:50,439 Speaker 2: the means of distribution. But if we can kill it, 1445 01:11:50,479 --> 01:11:52,519 Speaker 2: then you know, future people like us don't have to 1446 01:11:52,520 --> 01:11:54,080 Speaker 2: deal with that. It was a real headache. It cost 1447 01:11:54,160 --> 01:11:55,040 Speaker 2: us a lot of money. 1448 01:11:54,920 --> 01:11:59,320 Speaker 1: Would be really huge. All right, tccer, what are you 1449 01:11:59,360 --> 01:11:59,680 Speaker 1: looking at? 1450 01:11:59,760 --> 01:12:02,120 Speaker 2: Well? The Ukraine War is dragged on for nearly two 1451 01:12:02,240 --> 01:12:05,240 Speaker 2: years now. It's easy to forget how ubiquitous the support 1452 01:12:05,280 --> 01:12:08,280 Speaker 2: for AID was at the time. Poll after poll showed 1453 01:12:08,320 --> 01:12:12,280 Speaker 2: Americans willing to pay higher gas prices, sustain major supply 1454 01:12:12,400 --> 01:12:15,559 Speaker 2: chain shock and hurt American interests in the short term 1455 01:12:15,680 --> 01:12:18,400 Speaker 2: as long as it meant helping Ukraine. And within that 1456 01:12:18,479 --> 01:12:20,599 Speaker 2: debate was a big fight that I had with many 1457 01:12:20,640 --> 01:12:24,479 Speaker 2: about the nature of bipartisanship and the priorities for American 1458 01:12:24,520 --> 01:12:27,960 Speaker 2: politicians and much of our media class. I would classify 1459 01:12:28,040 --> 01:12:31,120 Speaker 2: many of these people as Ukraine firsters, meaning that their 1460 01:12:31,200 --> 01:12:35,840 Speaker 2: chief agenda is Ukrainian sovereignty, with many American interests secondary. 1461 01:12:36,040 --> 01:12:38,479 Speaker 2: My challenge at that time was the baby formula crisis. 1462 01:12:38,479 --> 01:12:40,920 Speaker 2: For example, it was sweeping the nation, and I sat 1463 01:12:40,960 --> 01:12:44,599 Speaker 2: in one debate. I believed absolutely that most American elites 1464 01:12:44,640 --> 01:12:47,600 Speaker 2: cared far more about Ukraine than they did about Americans 1465 01:12:47,600 --> 01:12:50,160 Speaker 2: getting baby formula. The argument was that we can care 1466 01:12:50,200 --> 01:12:53,040 Speaker 2: about both, and what I've always said, show me what 1467 01:12:53,160 --> 01:12:57,600 Speaker 2: gets effortless bipartisanship and is spent without question, and I 1468 01:12:57,640 --> 01:13:00,680 Speaker 2: will show you where power really lies. We have an 1469 01:13:00,720 --> 01:13:03,200 Speaker 2: easy answer, I think, to those questions. Two years into 1470 01:13:03,240 --> 01:13:06,960 Speaker 2: this war, American politicians and most of the American commentariat 1471 01:13:07,080 --> 01:13:10,320 Speaker 2: are Ukraine firsts, perhaps even more than we thought. In 1472 01:13:10,360 --> 01:13:13,839 Speaker 2: the midst of a major fight about a government shutdown, quietly, 1473 01:13:14,000 --> 01:13:17,400 Speaker 2: behind the scenes, machinations have been made. The Pentagon has 1474 01:13:17,760 --> 01:13:22,120 Speaker 2: ensured Ukrainian aid will not be touched secretly without any 1475 01:13:22,160 --> 01:13:25,439 Speaker 2: congressional authorization. The Pentagon has made a new change to 1476 01:13:25,479 --> 01:13:29,400 Speaker 2: its rules through bureaucratic trickery. The Pentagon has internally decided 1477 01:13:29,640 --> 01:13:33,120 Speaker 2: any Ukraine operation will be exempt from a potential government shutdown, 1478 01:13:33,320 --> 01:13:35,960 Speaker 2: meaning the quote key training and other activities in supportive 1479 01:13:36,040 --> 01:13:40,120 Speaker 2: Kiev will move ahead uninterrupted, which means, in plain English, 1480 01:13:40,360 --> 01:13:43,920 Speaker 2: if a government shuts down, millions of everyday American citizens 1481 01:13:43,960 --> 01:13:46,519 Speaker 2: will not get a paycheck, veterans will not get benefits, 1482 01:13:46,680 --> 01:13:49,120 Speaker 2: services for all of us will diminish. But people in 1483 01:13:49,200 --> 01:13:52,080 Speaker 2: Kiev they're gonna get paid. You can't even make it up. 1484 01:13:52,280 --> 01:13:54,280 Speaker 2: Who they decide to pay even when they don't have 1485 01:13:54,320 --> 01:13:57,000 Speaker 2: the constitutional authority to do so shows you who our 1486 01:13:57,040 --> 01:14:00,879 Speaker 2: government really cares the most about, and it's decidedly Ukraine. 1487 01:14:01,080 --> 01:14:04,920 Speaker 2: Sixty minutes invertently revealed to the historic degree to which 1488 01:14:04,920 --> 01:14:07,680 Speaker 2: the United States is not only propping up Ukraine's military, 1489 01:14:07,880 --> 01:14:11,720 Speaker 2: but as backstopping their entire economy and civil society. Take 1490 01:14:11,760 --> 01:14:13,240 Speaker 2: a listen to some of the stuff they found that 1491 01:14:13,240 --> 01:14:14,160 Speaker 2: were funding over there. 1492 01:14:14,800 --> 01:14:19,480 Speaker 9: American taxpayers are financing more than just weapons. We discovered 1493 01:14:19,520 --> 01:14:24,120 Speaker 9: the US governments buying seeds and fertilizer for Ukrainian farmers 1494 01:14:25,240 --> 01:14:30,040 Speaker 9: and covering the salaries of Ukraine's first responders, all fifty 1495 01:14:30,120 --> 01:14:34,240 Speaker 9: seven thousand of them. That includes the team that trains 1496 01:14:34,320 --> 01:14:38,280 Speaker 9: this rescue dog named Joy to comb through the wreckage 1497 01:14:38,320 --> 01:14:44,320 Speaker 9: of Russian strikes looking for survivors. And the US also 1498 01:14:44,439 --> 01:14:49,120 Speaker 9: funds the divers who we saw clearing unexploded ammunition from 1499 01:14:49,200 --> 01:14:52,879 Speaker 9: the country's rivers to make them safe again for swimming 1500 01:14:53,040 --> 01:14:58,240 Speaker 9: and fishing. Russia's invasions shrank Ukraine's economy by about a third. 1501 01:14:58,960 --> 01:15:02,000 Speaker 9: We were surprised to that to keep it afloat, the 1502 01:15:02,200 --> 01:15:05,439 Speaker 9: US government is subsidizing small businesses, so. 1503 01:15:05,439 --> 01:15:09,000 Speaker 2: The US government is funding every single first responder in Ukraine. 1504 01:15:09,120 --> 01:15:12,000 Speaker 2: The US government is buying all the seeds and fertilizer 1505 01:15:12,040 --> 01:15:14,040 Speaker 2: for their farmers. What they leave out there about that 1506 01:15:14,040 --> 01:15:16,360 Speaker 2: small business, by the way, is that it's funding one woman, 1507 01:15:16,400 --> 01:15:19,800 Speaker 2: for example, a woman named Tatiana Abromova, she has a 1508 01:15:19,840 --> 01:15:22,720 Speaker 2: nitwear company. She's a small shop in Kiev who US 1509 01:15:22,800 --> 01:15:26,000 Speaker 2: government officials have assisted in keeping afloat and have even 1510 01:15:26,080 --> 01:15:29,960 Speaker 2: helped her find new customers overseas. It must be nice 1511 01:15:30,000 --> 01:15:32,240 Speaker 2: to be a Ukrainian nitwear company. I know a lot 1512 01:15:32,280 --> 01:15:33,800 Speaker 2: of people over here who would love it if the 1513 01:15:33,800 --> 01:15:36,519 Speaker 2: government paid their bills and then found them customers. As 1514 01:15:36,520 --> 01:15:39,280 Speaker 2: a small business owner myself with Crystal, I cannot tell 1515 01:15:39,320 --> 01:15:42,280 Speaker 2: you how much time we spend making sure our finances 1516 01:15:42,280 --> 01:15:45,879 Speaker 2: are straight, payroll, making sure it runs properly. The trains 1517 01:15:45,920 --> 01:15:48,320 Speaker 2: have to run on time. In many ways, it's even 1518 01:15:48,360 --> 01:15:51,160 Speaker 2: harder than doing the show every day. I know farmers too. 1519 01:15:51,479 --> 01:15:54,559 Speaker 2: They struggle on the knife's edge of making their mortgage payments, 1520 01:15:54,640 --> 01:15:58,920 Speaker 2: and they battle with big grain companies over seas and fertilizer. Meanwhile, 1521 01:15:59,080 --> 01:16:01,240 Speaker 2: those in Kiev don't have to worry about anything. The 1522 01:16:01,320 --> 01:16:04,519 Speaker 2: government has got their back, our government. Perhaps some of 1523 01:16:04,560 --> 01:16:06,680 Speaker 2: this sounds callous, and I really don't want it to. 1524 01:16:07,040 --> 01:16:10,160 Speaker 2: I'm not opposed to aid to Ukraine, only within reason 1525 01:16:10,360 --> 01:16:13,639 Speaker 2: which advances our interests At this moment, we are not 1526 01:16:13,680 --> 01:16:17,639 Speaker 2: only backstopping their entire military, we are backstopping their entire 1527 01:16:17,880 --> 01:16:21,960 Speaker 2: civil society. Biden and Establishment Republicans they say we're going 1528 01:16:22,000 --> 01:16:24,599 Speaker 2: to back Ukraine as long as it takes. It's clear 1529 01:16:24,720 --> 01:16:27,320 Speaker 2: that means not only do the weapons have to flow, 1530 01:16:27,680 --> 01:16:30,320 Speaker 2: putting us in danger of perhaps embroiling into a larger 1531 01:16:30,360 --> 01:16:33,320 Speaker 2: war with Russia, but we've got to backstop their whole 1532 01:16:33,400 --> 01:16:37,280 Speaker 2: civil society for the foreseeable future. Does that seem fair 1533 01:16:37,320 --> 01:16:39,160 Speaker 2: to you or does it seem like we've done our 1534 01:16:39,200 --> 01:16:41,320 Speaker 2: part now? If Europe wants to step up, and they 1535 01:16:41,439 --> 01:16:43,000 Speaker 2: can be our guest if they want to pay these 1536 01:16:43,000 --> 01:16:46,280 Speaker 2: people's bills. But with the US the farthest away and 1537 01:16:46,360 --> 01:16:48,800 Speaker 2: the least at stake, shouldn't we have to pay? Why 1538 01:16:48,840 --> 01:16:52,160 Speaker 2: should we have to pay the vast majority of these countries' bills. 1539 01:16:52,400 --> 01:16:55,240 Speaker 2: Recently there was a concerted campaign to full the American 1540 01:16:55,280 --> 01:16:58,000 Speaker 2: public with talk of how the Europeans have overtaken the 1541 01:16:58,120 --> 01:17:00,840 Speaker 2: US in aid to Ukraine. And that's a fun talking point. 1542 01:17:01,000 --> 01:17:03,680 Speaker 2: It happens to also be totally false. They do this 1543 01:17:03,760 --> 01:17:07,479 Speaker 2: by focusing on non military aid commitments over many years, 1544 01:17:07,720 --> 01:17:10,080 Speaker 2: which the governments have pledged to spend but have not 1545 01:17:10,160 --> 01:17:13,639 Speaker 2: appropriated and not actually spend. When you take that away, 1546 01:17:13,760 --> 01:17:16,280 Speaker 2: what do you find? Shocker turns out the US has 1547 01:17:16,320 --> 01:17:19,479 Speaker 2: provided the vast, vast majority of all military aid, the 1548 01:17:19,520 --> 01:17:22,360 Speaker 2: only one that also matters. Also, even whenever you take 1549 01:17:22,360 --> 01:17:24,600 Speaker 2: away the so called EU classification and you look at 1550 01:17:24,640 --> 01:17:26,920 Speaker 2: it by country guests who still provide in the vast 1551 01:17:26,920 --> 01:17:29,800 Speaker 2: majority of a to Ukraine, you guessed it us. The 1552 01:17:29,880 --> 01:17:33,200 Speaker 2: amount of this side that we have dispersed is vastly 1553 01:17:33,280 --> 01:17:37,280 Speaker 2: disproportionate to our actual interests, and worse, is honestly feeding 1554 01:17:37,400 --> 01:17:41,000 Speaker 2: unrealistic expectations in Kiev. Do they just expect us to 1555 01:17:41,040 --> 01:17:45,040 Speaker 2: pay these nitmakers bills forever, even after the war is over? 1556 01:17:45,280 --> 01:17:47,880 Speaker 2: The answer is probably at this point yes, And the 1557 01:17:47,920 --> 01:17:51,920 Speaker 2: secret answer from US politicians to that question is also yes. 1558 01:17:52,280 --> 01:17:54,320 Speaker 2: I mean, how crazy is that we're paying this nue. 1559 01:17:54,320 --> 01:17:57,160 Speaker 1: And if you want to hear my reaction to Sager's monologue, 1560 01:17:57,200 --> 01:17:59,960 Speaker 1: become a premium subscriber today at breakingpoints dot com. 1561 01:18:03,160 --> 01:18:04,240 Speaker 2: What are you taking a look at? Crystal? 1562 01:18:04,400 --> 01:18:06,240 Speaker 1: As you guys know, Joe Biden will join the picket 1563 01:18:06,240 --> 01:18:09,240 Speaker 1: lines with autoworkers today in what is an extraordinary move 1564 01:18:09,280 --> 01:18:11,559 Speaker 1: as far as labor historians can tell, this is the 1565 01:18:11,640 --> 01:18:13,720 Speaker 1: first time in the history of the nation that a 1566 01:18:13,760 --> 01:18:16,519 Speaker 1: sitting president has actually joined an act to strike, a 1567 01:18:16,560 --> 01:18:19,400 Speaker 1: sign of how rapidly the politics around labor, corporate power, 1568 01:18:19,439 --> 01:18:21,559 Speaker 1: and unions have shifted in recent years. 1569 01:18:22,000 --> 01:18:22,600 Speaker 3: But it's also a. 1570 01:18:22,560 --> 01:18:25,439 Speaker 1: Little bit ironic because Biden's administration has been marked by 1571 01:18:25,479 --> 01:18:28,880 Speaker 1: tension with this very union over the nature of the 1572 01:18:28,920 --> 01:18:33,920 Speaker 1: electric vehicle transition. UAW President Sean Fain, unique among union leaders, 1573 01:18:34,000 --> 01:18:38,160 Speaker 1: has pointedly refused to endorse Biden's reelection pid over his 1574 01:18:38,280 --> 01:18:41,839 Speaker 1: failure to include wage and union requirements in the Inflation 1575 01:18:41,920 --> 01:18:45,200 Speaker 1: Reduction Act. Our partner Jordan Sheridan at Status Quo he 1576 01:18:45,280 --> 01:18:48,679 Speaker 1: recently asked Faine about exactly this issue. Take a listen. 1577 01:18:48,840 --> 01:18:51,120 Speaker 3: Do you need more for the Democratic Party aside from 1578 01:18:51,160 --> 01:18:53,559 Speaker 3: you know, talk and showing up when the cameras are here. 1579 01:18:53,920 --> 01:18:55,320 Speaker 10: Yeah, I mean, the proof's got to be in a putty. 1580 01:18:55,360 --> 01:18:56,599 Speaker 10: The proof's going to be in the work. I mean, 1581 01:18:56,640 --> 01:18:59,160 Speaker 10: and as you said, our endorsements are going to be earned. 1582 01:18:59,320 --> 01:19:02,960 Speaker 10: It would drive me nuts as a worker to just 1583 01:19:03,080 --> 01:19:05,880 Speaker 10: watch sometimes we just endorse people and there's really no 1584 01:19:06,000 --> 01:19:09,000 Speaker 10: body of work behind that, and we can't be taken 1585 01:19:09,040 --> 01:19:11,040 Speaker 10: for granted. No more, workers shouldn't allow themselves to be 1586 01:19:11,120 --> 01:19:14,960 Speaker 10: taken for granted. And so, you know, there's a lot 1587 01:19:14,960 --> 01:19:16,479 Speaker 10: of things going on in this economy, and there's a 1588 01:19:16,520 --> 01:19:18,599 Speaker 10: lot of things with the ev transition. I mean, we're 1589 01:19:18,600 --> 01:19:20,360 Speaker 10: not against a green economy. I mean we got to 1590 01:19:20,400 --> 01:19:23,479 Speaker 10: have clean air, we got to have clean water. You know, 1591 01:19:23,479 --> 01:19:25,600 Speaker 10: we've got to have a world for people to live in, 1592 01:19:25,680 --> 01:19:28,600 Speaker 10: future generations to live on. But it's got to be 1593 01:19:28,600 --> 01:19:31,800 Speaker 10: a just transition where you know, labor is guys a seed, 1594 01:19:31,800 --> 01:19:33,960 Speaker 10: it's a table. You know, there's a lot of money, 1595 01:19:34,040 --> 01:19:36,559 Speaker 10: you know, with the IRA that was put in play 1596 01:19:37,080 --> 01:19:40,599 Speaker 10: with the government, a lot of our taxpayer dollars to 1597 01:19:40,640 --> 01:19:43,799 Speaker 10: help fund this transition. But again, like always, the corporations 1598 01:19:43,920 --> 01:19:46,759 Speaker 10: come with their hands out. There's always way the government 1599 01:19:46,800 --> 01:19:48,320 Speaker 10: finds a way to put money in their pockets, but 1600 01:19:48,400 --> 01:19:51,719 Speaker 10: labor gets left behind. Labor cannot continue to be left behind. 1601 01:19:51,720 --> 01:19:54,240 Speaker 10: And that's been our message to the White House, to 1602 01:19:54,320 --> 01:19:57,080 Speaker 10: Congress and to anyone that'll listen. And so you know, 1603 01:19:57,120 --> 01:19:58,400 Speaker 10: that's that's got to change. 1604 01:19:58,479 --> 01:20:01,920 Speaker 1: So i'd score the UAW stride is about two basic issues. 1605 01:20:02,040 --> 01:20:05,559 Speaker 1: Securing the present through increase wages, ending tears, increasing benefits, 1606 01:20:05,560 --> 01:20:09,160 Speaker 1: improving quality of life, and securing the future through protections 1607 01:20:09,200 --> 01:20:11,839 Speaker 1: against plant closures and locked in cost of living adjustments. 1608 01:20:11,920 --> 01:20:14,880 Speaker 1: And it is this future which is most threatened by 1609 01:20:14,920 --> 01:20:18,679 Speaker 1: an EV transition that would follow the standard neoliberal era playbook, 1610 01:20:18,920 --> 01:20:22,799 Speaker 1: in which new technology provides a fresh excuse to fire workers, 1611 01:20:22,880 --> 01:20:26,280 Speaker 1: offshore jobs and undercut wages. Trump was very savvy to 1612 01:20:26,320 --> 01:20:29,000 Speaker 1: pick up on this tension, seeks to cynically exploit it, 1613 01:20:29,080 --> 01:20:31,479 Speaker 1: even if he offers workers worse than nothing, because the 1614 01:20:31,520 --> 01:20:34,720 Speaker 1: EV transition really is the elephant in the room of 1615 01:20:34,760 --> 01:20:37,400 Speaker 1: this strike and of the future of the auto industry. 1616 01:20:37,640 --> 01:20:40,759 Speaker 1: And while it's not up for direct negotiations, the outcome 1617 01:20:40,880 --> 01:20:44,280 Speaker 1: of this strike could well determine whether this transition will 1618 01:20:44,280 --> 01:20:47,200 Speaker 1: in fact spark a blue collar rebirth or be yet 1619 01:20:47,240 --> 01:20:49,640 Speaker 1: another race to the bottom. So the first thing to 1620 01:20:49,720 --> 01:20:52,879 Speaker 1: understand here is that the EV transition is happening regardless 1621 01:20:52,920 --> 01:20:54,360 Speaker 1: of who's in the White House. It's really just a 1622 01:20:54,400 --> 01:20:57,080 Speaker 1: matter of timing. Here in the US, evs are still 1623 01:20:57,120 --> 01:21:00,599 Speaker 1: a relatively small percentage of the overall market, them growing 1624 01:21:00,680 --> 01:21:03,400 Speaker 1: at an astonishing clip in a two year time span 1625 01:21:03,479 --> 01:21:06,439 Speaker 1: between twenty twenty one and twenty twenty three, ev sales 1626 01:21:06,520 --> 01:21:09,960 Speaker 1: shot up by one hundred and forty seven percent. Here, 1627 01:21:10,080 --> 01:21:12,400 Speaker 1: Taesla is still by far the market leader, but other 1628 01:21:12,400 --> 01:21:15,200 Speaker 1: automakers like Ford and Chevy they've been shipping into their dominance, 1629 01:21:15,240 --> 01:21:17,760 Speaker 1: dropping them under sixty percent of the total market for 1630 01:21:17,800 --> 01:21:20,120 Speaker 1: the first time ever. But in some ways, to look 1631 01:21:20,240 --> 01:21:22,280 Speaker 1: just that, the US is really missed the big picture. 1632 01:21:22,560 --> 01:21:26,400 Speaker 1: Global sales of EV's have absolutely exploded. Last year saw 1633 01:21:26,439 --> 01:21:29,680 Speaker 1: sales of ten million electric cars worldwide are expected to 1634 01:21:29,680 --> 01:21:32,840 Speaker 1: spike another thirty five percent just this year. That means 1635 01:21:32,880 --> 01:21:35,640 Speaker 1: electric vehicles will jump from only four percent of the 1636 01:21:35,680 --> 01:21:39,360 Speaker 1: new car market in twenty twenty to eighteen percent this year. 1637 01:21:39,800 --> 01:21:42,880 Speaker 1: Those sales are led by China, which has aggressively incentivized 1638 01:21:42,920 --> 01:21:45,400 Speaker 1: development and provided consumer subsidies to try to make the 1639 01:21:45,439 --> 01:21:48,479 Speaker 1: cars more affordable. The Big three they see the writing 1640 01:21:48,560 --> 01:21:50,840 Speaker 1: on the wall, and even before the Biden ARRA incentives, 1641 01:21:50,840 --> 01:21:54,920 Speaker 1: had begun investing billions into this new market. GM wants 1642 01:21:54,960 --> 01:21:57,400 Speaker 1: to completely switch over to EV's by twenty thirty five. 1643 01:21:57,720 --> 01:22:00,000 Speaker 1: Ford once half of all their sales to be elected 1644 01:22:00,280 --> 01:22:03,920 Speaker 1: by twenty thirty now. Biden is working aggressively to speed 1645 01:22:04,000 --> 01:22:07,800 Speaker 1: this transition, but his policies have been woefully incomplete. Effectively, 1646 01:22:07,960 --> 01:22:11,520 Speaker 1: you got to deliver here for three groups, consumers, workers, 1647 01:22:11,560 --> 01:22:15,439 Speaker 1: and automakers. Inflation Reduction Act only fully delivers for one 1648 01:22:15,479 --> 01:22:17,920 Speaker 1: of these groups, and it will not surprise you which one. 1649 01:22:18,120 --> 01:22:21,679 Speaker 1: In classic DC fashion, the giant corporations got taken care 1650 01:22:21,720 --> 01:22:25,479 Speaker 1: of most fully with generous incentives. This industrial policy is 1651 01:22:25,520 --> 01:22:27,840 Speaker 1: already having a huge impact with North America's surging to 1652 01:22:27,880 --> 01:22:32,560 Speaker 1: become the fastest growing EV battery hub. Meanwhile, the consumers 1653 01:22:32,560 --> 01:22:35,920 Speaker 1: and workers are getting half a glass at best. Consumers 1654 01:22:35,920 --> 01:22:38,960 Speaker 1: get a seventy five hundred dollars credit on certain EV models, 1655 01:22:38,960 --> 01:22:40,880 Speaker 1: but that is still not enough to offset the initial 1656 01:22:40,920 --> 01:22:43,800 Speaker 1: price difference. And the government is tackling the biggest pain 1657 01:22:43,840 --> 01:22:46,720 Speaker 1: point for EV drivers, the lack of charging stations, through 1658 01:22:46,760 --> 01:22:50,720 Speaker 1: funds to build around five hundred thousand new chargers nationwide. Unfortunately, 1659 01:22:51,120 --> 01:22:53,920 Speaker 1: experts estimate we actually need more like two million new 1660 01:22:54,000 --> 01:22:57,240 Speaker 1: charging stations. In terms of workers, the automaker incentives do 1661 01:22:57,280 --> 01:22:59,120 Speaker 1: require jobs to be kept in the US, so those 1662 01:22:59,160 --> 01:23:02,880 Speaker 1: provisions do protect workers from offshoring, but there are no 1663 01:23:03,040 --> 01:23:06,800 Speaker 1: direct requirements on wages, benefits, or unions, a betrayal of 1664 01:23:06,800 --> 01:23:10,160 Speaker 1: Biden's stated desire to be a truly pro union president 1665 01:23:10,640 --> 01:23:12,800 Speaker 1: goes without saying that Trump and Republicans plan to do 1666 01:23:12,840 --> 01:23:15,160 Speaker 1: nothing on evs and to continue union busting, which will 1667 01:23:15,240 --> 01:23:18,639 Speaker 1: virtually guarantee that this industry and its associated jobs will 1668 01:23:18,680 --> 01:23:20,840 Speaker 1: be offshore, and that any plans which happen to spring 1669 01:23:20,880 --> 01:23:23,760 Speaker 1: up here will suffer from low wages and dangerous conditions. 1670 01:23:23,960 --> 01:23:27,000 Speaker 1: Hardly an appealing alternative. But there's nothing strikers can do 1671 01:23:27,200 --> 01:23:29,760 Speaker 1: directly about the EV transition. That doesn't mean the strike 1672 01:23:29,880 --> 01:23:33,680 Speaker 1: is irrelevant to EV unionizing and wages. Just imagine that 1673 01:23:33,720 --> 01:23:37,360 Speaker 1: you work at Tesla and you're watching all of this unfold. Currently, 1674 01:23:37,760 --> 01:23:41,120 Speaker 1: non union Tesla spends about forty five dollars per hour 1675 01:23:41,200 --> 01:23:44,840 Speaker 1: on wages and benefits altogether for their workers. That's as 1676 01:23:44,840 --> 01:23:47,600 Speaker 1: opposed to sixty six dollars right now per hour for 1677 01:23:47,640 --> 01:23:50,040 Speaker 1: the Big Three. So if you work at Tesla, you 1678 01:23:50,080 --> 01:23:52,519 Speaker 1: are already on the short end of the stick, but 1679 01:23:52,560 --> 01:23:54,439 Speaker 1: you're about to watch people who do the very same 1680 01:23:54,520 --> 01:23:57,000 Speaker 1: job as you get a double digit pay increase along 1681 01:23:57,040 --> 01:23:59,960 Speaker 1: with better benefits and job protections, all because they are 1682 01:24:00,080 --> 01:24:03,080 Speaker 1: are in a union. And this administration has just significantly 1683 01:24:03,120 --> 01:24:05,400 Speaker 1: eased the path to unionize thanks to some key National 1684 01:24:05,439 --> 01:24:08,720 Speaker 1: Labor Relations Board decisions. You think workers at Tesla just 1685 01:24:08,760 --> 01:24:12,439 Speaker 1: going to sit back and accept getting dramatically underpaid versus 1686 01:24:12,439 --> 01:24:15,439 Speaker 1: their competitors. They're either going to unionize or Eline's going 1687 01:24:15,479 --> 01:24:17,280 Speaker 1: to have to cough up a good bit more money 1688 01:24:17,320 --> 01:24:20,479 Speaker 1: to try to keep them from unionizing. Sustain with all 1689 01:24:20,520 --> 01:24:22,559 Speaker 1: the ev battery workers and what is now an extremely 1690 01:24:22,600 --> 01:24:26,080 Speaker 1: hot industry here in this country, battery workers don't make 1691 01:24:26,160 --> 01:24:29,519 Speaker 1: anywhere close to what autoworkers are making right now, and 1692 01:24:29,960 --> 01:24:33,800 Speaker 1: they're routinely exposed to incredibly dangerous conditions thanks to working 1693 01:24:33,840 --> 01:24:37,040 Speaker 1: with some very hazardous materials. Jackman wrote a great article 1694 01:24:37,080 --> 01:24:40,960 Speaker 1: recently which documented how wage and safety concerns recently led 1695 01:24:41,000 --> 01:24:45,200 Speaker 1: a Lordstown GM battery facility to unionize. Those workers were 1696 01:24:45,240 --> 01:24:47,880 Speaker 1: being paid about sixteen dollars and fifty cents per hour 1697 01:24:48,160 --> 01:24:50,960 Speaker 1: to risk their health after being exposed to a toxic 1698 01:24:51,040 --> 01:24:54,640 Speaker 1: chemical spill on site. After that spill, they voted to 1699 01:24:54,720 --> 01:24:57,519 Speaker 1: join the UAW by a margin of seven hundred and 1700 01:24:57,640 --> 01:25:01,839 Speaker 1: ten to sixteen. There is to stop other battery workers 1701 01:25:01,880 --> 01:25:04,760 Speaker 1: from following suit. So as you're watching the auto workers strike, 1702 01:25:04,840 --> 01:25:07,320 Speaker 1: just remember it's not just their livelihoods which are on 1703 01:25:07,360 --> 01:25:10,759 Speaker 1: the line. The entire nature of the EV transition also 1704 01:25:10,840 --> 01:25:13,280 Speaker 1: hangs in the balance. Will it be just the latest 1705 01:25:13,320 --> 01:25:15,280 Speaker 1: way to screw workers, or will they be able to 1706 01:25:15,400 --> 01:25:18,519 Speaker 1: organize and secure a new middle class standard of living. 1707 01:25:18,840 --> 01:25:21,639 Speaker 1: The UAW has a chance here to show these workers 1708 01:25:21,640 --> 01:25:25,280 Speaker 1: that the benefits of unionizing outweighs the always present risk 1709 01:25:25,360 --> 01:25:27,679 Speaker 1: of going head to head with the bosses. And even 1710 01:25:27,720 --> 01:25:31,120 Speaker 1: as his EV policy has fallen short, believe me, having 1711 01:25:31,120 --> 01:25:33,479 Speaker 1: the President of the United States joining the strike and 1712 01:25:33,520 --> 01:25:36,759 Speaker 1: signaling that he'll have your back to that doesn't hurt either. 1713 01:25:37,160 --> 01:25:38,800 Speaker 1: And this is really the elephant in the room. 1714 01:25:38,880 --> 01:25:41,639 Speaker 2: And if you want to hear my reaction to Crystal's monologue, 1715 01:25:41,680 --> 01:25:47,599 Speaker 2: become a premium subscriber today at Breakingpoints dot com. 1716 01:25:47,680 --> 01:25:50,280 Speaker 1: A lot of government corruption in the news lately, which 1717 01:25:50,320 --> 01:25:54,320 Speaker 1: seems to be a unfortunately recurring experience. And we are 1718 01:25:54,400 --> 01:25:57,320 Speaker 1: joined by a great guest who is an expert on 1719 01:25:57,760 --> 01:26:01,240 Speaker 1: fighting government corruption. Robert Weissman is the president of Public 1720 01:26:01,280 --> 01:26:04,200 Speaker 1: Citizen and he's actually author of the new book Gun 1721 01:26:04,280 --> 01:26:07,480 Speaker 1: And put this up on the screen, the corporate sabotage 1722 01:26:07,600 --> 01:26:09,920 Speaker 1: of America's future, And I like this part. What we 1723 01:26:10,160 --> 01:26:11,559 Speaker 1: can do about it? Robert, welcome. 1724 01:26:11,600 --> 01:26:13,760 Speaker 2: Great to have you than it's great to be with you. 1725 01:26:14,280 --> 01:26:17,120 Speaker 1: Yeah. Absolutely, So what inspired you to write the book 1726 01:26:17,160 --> 01:26:18,719 Speaker 1: at this particular moment in time. 1727 01:26:21,040 --> 01:26:22,720 Speaker 3: You know, one thing I think is coming out of 1728 01:26:22,720 --> 01:26:28,799 Speaker 3: the Trump period, we've been so focused necessarily on fighting Trump, 1729 01:26:29,080 --> 01:26:35,559 Speaker 3: defending democracy, and preventing fascism, that we've turned away to 1730 01:26:35,600 --> 01:26:39,400 Speaker 3: some extent from the underlying factors in our society, the 1731 01:26:39,439 --> 01:26:42,120 Speaker 3: economy and our politics that got us here in the 1732 01:26:42,160 --> 01:26:45,280 Speaker 3: first place. We've also lost sight and all the focus 1733 01:26:45,360 --> 01:26:48,680 Speaker 3: on polarization relatedly on all the things we agree on. 1734 01:26:49,880 --> 01:26:51,120 Speaker 3: So at the end of the day, I think we 1735 01:26:51,200 --> 01:26:54,360 Speaker 3: have a problem of too much corporate power in America, 1736 01:26:55,439 --> 01:26:58,000 Speaker 3: and if you look at the polls, people across the 1737 01:26:58,000 --> 01:27:00,920 Speaker 3: political spectrum agree with that on issue after issue after 1738 01:27:01,000 --> 01:27:02,040 Speaker 3: issue and want to. 1739 01:27:02,040 --> 01:27:02,840 Speaker 4: Do something about it. 1740 01:27:03,920 --> 01:27:06,959 Speaker 2: Robert, you detail in the book you got chapters industry 1741 01:27:07,000 --> 01:27:10,000 Speaker 2: by industry. Can you outline some of the most egregious 1742 01:27:10,040 --> 01:27:12,479 Speaker 2: industries in the way that they influence policy here in 1743 01:27:12,600 --> 01:27:15,080 Speaker 2: Washington through effectively legalized corruption. 1744 01:27:16,439 --> 01:27:18,880 Speaker 3: Yeah, we look at big pharma, big tech, and big oil. 1745 01:27:19,160 --> 01:27:22,000 Speaker 3: If we start with big pharma, that's the industry with 1746 01:27:22,320 --> 01:27:26,840 Speaker 3: the most lobbyists in America probably the most lobbyists in 1747 01:27:26,920 --> 01:27:31,000 Speaker 3: the world. They have more than three lobbyists for every 1748 01:27:31,000 --> 01:27:33,880 Speaker 3: member of Congress. And they do that because they're so 1749 01:27:34,080 --> 01:27:38,040 Speaker 3: dependent on government support, dependent on government support for research 1750 01:27:38,080 --> 01:27:41,680 Speaker 3: and development. They're dependent on taking at a discount or 1751 01:27:41,680 --> 01:27:44,679 Speaker 3: for free the fruits of that government research and development, 1752 01:27:45,000 --> 01:27:47,200 Speaker 3: or dependent on the government to approve their products, or 1753 01:27:47,240 --> 01:27:50,680 Speaker 3: dependent on the government to purchase their products, and then 1754 01:27:50,720 --> 01:27:53,000 Speaker 3: depend on the government to protect their monopolies and purchase 1755 01:27:53,000 --> 01:27:56,200 Speaker 3: their products at too high a price. So we've seen 1756 01:27:56,240 --> 01:27:58,639 Speaker 3: the results of that political influence in each of those 1757 01:27:58,680 --> 01:28:01,960 Speaker 3: areas I'm talking and I've just talked about, including notably 1758 01:28:02,360 --> 01:28:04,920 Speaker 3: and probably the most corrupt deal in modern American history, 1759 01:28:05,439 --> 01:28:09,440 Speaker 3: where we created a Medicare drug program to provide pharmaceutical 1760 01:28:09,439 --> 01:28:13,280 Speaker 3: coverage for seniors, but we prohibited the government from negotiating 1761 01:28:13,320 --> 01:28:14,920 Speaker 3: with the drug companies over that. 1762 01:28:14,920 --> 01:28:16,760 Speaker 4: That's costing us on the order of five hundred billion 1763 01:28:16,800 --> 01:28:18,840 Speaker 4: dollars or the last over the next decade. 1764 01:28:19,280 --> 01:28:21,800 Speaker 3: We've saved about one hundred million of that from the 1765 01:28:21,840 --> 01:28:24,160 Speaker 3: provisions in the Inflation Reduction Act, but we got a 1766 01:28:24,160 --> 01:28:24,640 Speaker 3: long way to go. 1767 01:28:25,160 --> 01:28:27,439 Speaker 1: Yeah, talk a little bit about big oil, which is 1768 01:28:27,439 --> 01:28:29,639 Speaker 1: one of the other sectors that you really take into here. 1769 01:28:31,720 --> 01:28:33,960 Speaker 3: Well, Big Oil is perpetrated the greatest crime in the 1770 01:28:34,000 --> 01:28:37,320 Speaker 3: history of the world by denying the climate crisis for 1771 01:28:37,439 --> 01:28:39,240 Speaker 3: years and blocking action on it. 1772 01:28:39,800 --> 01:28:41,519 Speaker 4: We're living with that right now. 1773 01:28:41,520 --> 01:28:45,160 Speaker 3: Everybody's lived through disasters around the world this past year, 1774 01:28:45,560 --> 01:28:47,759 Speaker 3: and we're thinking about these things out of the norm, 1775 01:28:48,000 --> 01:28:51,080 Speaker 3: but they're actually going to be not just normal, but 1776 01:28:51,640 --> 01:28:53,840 Speaker 3: weak versions of the kind of chaos that we're going 1777 01:28:53,880 --> 01:28:58,080 Speaker 3: to experience in the coming decades. And it's not that 1778 01:28:58,120 --> 01:29:00,559 Speaker 3: we didn't know about this problem. In fact, Big Oil 1779 01:29:00,720 --> 01:29:04,439 Speaker 3: knew about the prospect of climate change probably before anyone else, 1780 01:29:04,880 --> 01:29:08,280 Speaker 3: certainly dating back to their corporate boardrooms in the nineteen seventies, 1781 01:29:08,800 --> 01:29:10,840 Speaker 3: and instead of saying, Okay, we're going to share this 1782 01:29:10,920 --> 01:29:13,000 Speaker 3: information and help the world figure out a way out 1783 01:29:13,000 --> 01:29:16,120 Speaker 3: of this, they engage in a concerted effort over decades 1784 01:29:16,439 --> 01:29:19,280 Speaker 3: to deny the science and block action. We're still living 1785 01:29:19,280 --> 01:29:22,800 Speaker 3: with that right now in terms of their objection to 1786 01:29:22,920 --> 01:29:26,519 Speaker 3: moving forward to a clean energy future, and we're certainly 1787 01:29:26,520 --> 01:29:28,160 Speaker 3: living with the results of it every day. 1788 01:29:28,760 --> 01:29:31,560 Speaker 1: You know, one thing I was wondering from your perspective 1789 01:29:31,720 --> 01:29:33,759 Speaker 1: is we've been talking a lot about Bob Men Endez 1790 01:29:34,120 --> 01:29:36,920 Speaker 1: this week for obvious reasons. It stands accused of taking 1791 01:29:36,920 --> 01:29:39,439 Speaker 1: literal gold bars and having hundreds of thousands of dollars 1792 01:29:39,479 --> 01:29:41,760 Speaker 1: of cash stuffed in jackets with his own name on 1793 01:29:41,800 --> 01:29:45,599 Speaker 1: it from these Egyptian businessmen, effectively accused of selling out 1794 01:29:45,600 --> 01:29:49,200 Speaker 1: the country to the Egyptian government, exploiting his very powerful 1795 01:29:49,200 --> 01:29:51,840 Speaker 1: position as chair of the Foreign Relations Committee. It's very 1796 01:29:51,880 --> 01:29:56,320 Speaker 1: easy to look at those stories as one of personal failing, 1797 01:29:56,360 --> 01:29:59,439 Speaker 1: which certainly it is that. But do you see broader 1798 01:29:59,560 --> 01:30:02,559 Speaker 1: structure issues or is this about the people that are 1799 01:30:02,600 --> 01:30:03,320 Speaker 1: involved here? 1800 01:30:05,080 --> 01:30:07,439 Speaker 3: Well, I think the Menendez story is kind of a 1801 01:30:07,479 --> 01:30:11,040 Speaker 3: distinct one if the allegations are true. I don't think 1802 01:30:11,080 --> 01:30:13,559 Speaker 3: that kind of corruption normally goes on in Washington, DC. 1803 01:30:13,760 --> 01:30:19,080 Speaker 3: That's kind of like unsophisticated corruption. It's also not structural corruption. 1804 01:30:19,640 --> 01:30:23,560 Speaker 3: And the structural corruption is for sure far more powerful 1805 01:30:23,720 --> 01:30:27,200 Speaker 3: and consequential. It didn't start with the Citizens United decision 1806 01:30:27,240 --> 01:30:30,519 Speaker 3: in twenty ten, but it got way worse than that. 1807 01:30:30,640 --> 01:30:32,559 Speaker 3: Was the decision, of course from the Supreme Court that 1808 01:30:32,640 --> 01:30:36,120 Speaker 3: said companies could spend whatever they want to influence election outcomes. 1809 01:30:36,680 --> 01:30:38,439 Speaker 4: And we've all lived in the world since then. 1810 01:30:38,479 --> 01:30:41,160 Speaker 3: Everybody's familiar with it, but they're not probably familiar with 1811 01:30:41,200 --> 01:30:44,479 Speaker 3: exactly how bad it is. We have twenty five people 1812 01:30:44,560 --> 01:30:47,400 Speaker 3: who are responsible for half of all super pac spending, 1813 01:30:48,080 --> 01:30:50,880 Speaker 3: Just twenty five people. So not so long ago we 1814 01:30:51,040 --> 01:30:52,559 Speaker 3: call that a country described like that. 1815 01:30:52,439 --> 01:30:55,480 Speaker 4: A banana republic. That's the United States of America. 1816 01:30:55,600 --> 01:30:58,200 Speaker 2: So, Robert, you said, what we can do about it, 1817 01:30:58,280 --> 01:31:00,760 Speaker 2: give us some of the prescriptions in the book about 1818 01:31:00,800 --> 01:31:03,880 Speaker 2: how you can actually get to a more bipartisan and 1819 01:31:03,960 --> 01:31:05,000 Speaker 2: less corrupt future. 1820 01:31:06,720 --> 01:31:08,400 Speaker 4: Well, it is a bipartisan in that. 1821 01:31:08,439 --> 01:31:10,559 Speaker 3: I think again, as I said, if you look at 1822 01:31:10,760 --> 01:31:14,440 Speaker 3: people support for raising the minimum wage, taxing big corporations, 1823 01:31:14,520 --> 01:31:19,360 Speaker 3: cracking down on big tech, supporting anti monopoly policy, lowering 1824 01:31:19,439 --> 01:31:23,000 Speaker 3: drug prices, issue after issue, you're seeing seventy. 1825 01:31:22,720 --> 01:31:24,879 Speaker 4: Eighty and even ninety percent support. 1826 01:31:25,880 --> 01:31:27,280 Speaker 3: I think the number one thing to do is to 1827 01:31:27,280 --> 01:31:30,600 Speaker 3: deal with campaign finance, to overturn citizens United and have 1828 01:31:30,680 --> 01:31:33,840 Speaker 3: a system of public financing or small donor financing of 1829 01:31:33,880 --> 01:31:37,120 Speaker 3: our public elections. We've got to deal with regulatory captures, 1830 01:31:37,120 --> 01:31:39,439 Speaker 3: so the regulatory agencies work for the public and not 1831 01:31:39,920 --> 01:31:43,200 Speaker 3: for the corporations they're regulating. We need an aggressive anti 1832 01:31:43,280 --> 01:31:45,840 Speaker 3: monopoly policy to break up the big companies and stop 1833 01:31:45,880 --> 01:31:49,280 Speaker 3: them from leveraging their political influence. We need to support 1834 01:31:49,360 --> 01:31:52,800 Speaker 3: labor unions, so we've got independent check on the power 1835 01:31:52,880 --> 01:31:56,800 Speaker 3: of big corporations by making it legal to organize an illegal, 1836 01:31:57,439 --> 01:32:02,559 Speaker 3: legitimately illegal to interfere with union organizing, and on down 1837 01:32:02,640 --> 01:32:04,000 Speaker 3: the line. There's a set of things. There is for 1838 01:32:04,080 --> 01:32:06,599 Speaker 3: sure no silver bullet to the problem of too much 1839 01:32:06,640 --> 01:32:07,280 Speaker 3: corporate power. 1840 01:32:08,160 --> 01:32:10,320 Speaker 1: My last question for you, Robert, is because I've been 1841 01:32:10,360 --> 01:32:12,679 Speaker 1: thinking about this one recently. You know, you name checked 1842 01:32:12,720 --> 01:32:15,320 Speaker 1: all of these policies that have massive support. You know, 1843 01:32:15,400 --> 01:32:17,120 Speaker 1: I could go through another list that has even like 1844 01:32:17,280 --> 01:32:21,360 Speaker 1: ninety percent level of support banning stock trading by members 1845 01:32:21,400 --> 01:32:25,599 Speaker 1: of Congress as one example, and yet anover happens because 1846 01:32:25,640 --> 01:32:28,920 Speaker 1: of exactly the structural factors that you're talking about. And 1847 01:32:28,960 --> 01:32:30,960 Speaker 1: it makes me question if we even live in a 1848 01:32:31,040 --> 01:32:33,439 Speaker 1: democracy at this point when the will of the people 1849 01:32:33,479 --> 01:32:38,040 Speaker 1: seems to matter really not at all. 1850 01:32:38,200 --> 01:32:40,519 Speaker 3: Well, the only answer is to organize into overwhelm big 1851 01:32:40,560 --> 01:32:43,200 Speaker 3: money power with people, organize people of power. You know, 1852 01:32:43,280 --> 01:32:45,439 Speaker 3: in that one example, there is a problem with stock trading. 1853 01:32:45,520 --> 01:32:47,960 Speaker 3: But we made some progress on stock trading my members 1854 01:32:47,960 --> 01:32:50,920 Speaker 3: of Congress in two thousand and seven. We have public 1855 01:32:50,960 --> 01:32:53,439 Speaker 3: citizens did a lot of work on that. We were 1856 01:32:53,439 --> 01:32:55,280 Speaker 3: banging our heads against the wall for a while. We 1857 01:32:55,360 --> 01:32:57,679 Speaker 3: got some media coverage, and all of a sudden people 1858 01:32:57,720 --> 01:33:00,439 Speaker 3: got outraged and Congress had no choice by to an 1859 01:33:00,439 --> 01:33:02,920 Speaker 3: act and meaningful reforms. Far too little as we see 1860 01:33:02,960 --> 01:33:06,000 Speaker 3: every day. But we made progress. And that's how we 1861 01:33:06,040 --> 01:33:08,880 Speaker 3: make progress every time. You take that example of the 1862 01:33:08,920 --> 01:33:13,360 Speaker 3: Medicare drug program, biggest rip off I think in modern 1863 01:33:13,360 --> 01:33:15,960 Speaker 3: American history, but we just clawed back one hundred billion 1864 01:33:16,000 --> 01:33:18,240 Speaker 3: dollars of that and the Inflation Reduction Act. 1865 01:33:18,280 --> 01:33:19,639 Speaker 4: Again, we should have gone for it all. 1866 01:33:20,000 --> 01:33:22,040 Speaker 3: So we didn't get everything we needed, but we got something, 1867 01:33:22,080 --> 01:33:24,839 Speaker 3: and that's because people rose up and demanded it and overcame, 1868 01:33:25,000 --> 01:33:26,719 Speaker 3: to some extent, the power of big Farma. 1869 01:33:27,160 --> 01:33:29,960 Speaker 2: All right, Well, a hopeful message. We appreciate you joining us, sir. 1870 01:33:30,000 --> 01:33:31,320 Speaker 4: Thank you, great to be with you. 1871 01:33:31,320 --> 01:33:34,160 Speaker 2: Thanks so much, absolutely, thank you guys so much for watching. 1872 01:33:34,200 --> 01:33:36,160 Speaker 2: We really appreciate it. We'll have the debate special for 1873 01:33:36,200 --> 01:33:39,760 Speaker 2: everybody tomorrow for prem subscribers. That drops today, and we'll 1874 01:33:39,760 --> 01:33:43,280 Speaker 2: have a great debate after action report. I guess you 1875 01:33:43,280 --> 01:33:45,040 Speaker 2: could call it on Thursday. We'll see you later.