WEBVTT - 5/11/26: Bibi Demands More War, Dire Economic Warnings, VA Maps Struck Down

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<v Speaker 1>Hey, guys, Saga and Crystal here.

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<v Speaker 4>Good morning, everyone, Welcome to Breaking Points. I'm speaking extra

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<v Speaker 4>loudly today because Sager is not here and I'm in studios,

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<v Speaker 4>so I have to make sure Crystal hears me all

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<v Speaker 4>the way out where she is.

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<v Speaker 1>Crystal, good morning.

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<v Speaker 5>Good morning. Nice to see you lovely.

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<v Speaker 2>As always, Emily, a lot of interesting stuff to get

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<v Speaker 2>into in the show today. We've got Trump officially rejecting

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<v Speaker 2>Iron's proposal, BB telling us informing us at the wars

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<v Speaker 2>and over, so always have to listen to what the

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<v Speaker 2>actual president of the United States is saying there's a

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<v Speaker 2>new estimate that takes into account the broader impact of

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<v Speaker 2>the war and says it is going to cost trillions

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<v Speaker 2>of dollars.

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<v Speaker 5>Already, in Virginia.

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<v Speaker 2>Some major political news those new maps that were just

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<v Speaker 2>passed by voters here have been struck down by the

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<v Speaker 2>Supreme Court. So now everyone is looking to see whether

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<v Speaker 2>Democrats are going to just lay in a chalk outline

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<v Speaker 2>of themselves like they typically do.

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<v Speaker 1>Or try to fight that outline up.

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<v Speaker 2>It's good, that's kind of their normal, you know, that's

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<v Speaker 2>their normal mode. But maybe it's a new day. We're

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<v Speaker 2>gonna We're going to find out. We're also going to

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<v Speaker 2>take a look at the hunt of virus. I know

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<v Speaker 2>a lot of people very concerned. How much have you

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<v Speaker 2>been following Haunted news, Emily.

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<v Speaker 1>I started following it closely over the last few days.

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<v Speaker 4>Before that, I was ignoring it. Now I'm paying attention,

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<v Speaker 4>how about you.

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<v Speaker 2>So I actually followed it very closely right when the

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<v Speaker 2>news broke, and then I convinced myself just not to

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<v Speaker 2>worry about it because there's too many other things to

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<v Speaker 2>worry about. So I'm rejoining the Haunted conversation. But apparently

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<v Speaker 2>birdwatchers were vindicated it was not contracted at the landfill,

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<v Speaker 2>even though that seemed like a very like suspect.

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<v Speaker 4>Yeah, huge dub for the bird watchers. We're going to

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<v Speaker 4>get into it, but so far looking so good for them.

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<v Speaker 2>Yes, we've also got some interesting comments from AOC on

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<v Speaker 2>Marjorie Taylor Green and her views there. Emptyg also firing

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<v Speaker 2>back a lot of discourse. I regret to inform you

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<v Speaker 2>we're gonna also have a little more Hassan Piker discourse

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<v Speaker 2>in that luck as well. So get excited for that

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<v Speaker 2>and then very excited to talk to you. Retired Colonel

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<v Speaker 2>Lawrence Wilkritson, formerly the chief of staff to Cole and Pale,

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<v Speaker 2>a very important figure anti Iraq war figure during that

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<v Speaker 2>time period, continues to be a really prescient voice on

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<v Speaker 2>matters of war and peace. So we're going to talk

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<v Speaker 2>to him about the Iran war, and I'm interested to

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<v Speaker 2>get his reaction to a Mark Levin sat that Trump

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<v Speaker 2>had tweeted out Mark Levin telling us, you know, we

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<v Speaker 2>just need to arm these opposition groups because it went

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<v Speaker 2>so great for us in the past. Emily, he specifically

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<v Speaker 2>uses the example of arming the Moujah Hadeen, which is

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<v Speaker 2>pretty interesting.

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<v Speaker 1>And not just that.

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<v Speaker 4>There are more examples, so you're gonna want to stick around.

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<v Speaker 4>He goes through the tour of all of our great

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<v Speaker 4>experience instans arming proxy forces.

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<v Speaker 1>So stick around for that. You can't miss the smart levinsot.

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<v Speaker 2>Yes, all right, let's go ahead and jump into the

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<v Speaker 2>latest with regard to the war. As I mentioned before,

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<v Speaker 2>Night Yahoo was on sixty minutes and was asked specifically

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<v Speaker 2>whether he thought the war was over or not. Let's

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<v Speaker 2>go ahead and take a listen to what he had

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<v Speaker 2>to say.

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<v Speaker 6>Is the war with Iran over? And if it isn't,

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<v Speaker 6>who will decide when it is?

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<v Speaker 7>I think it accomplished a great deal, but it's not

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<v Speaker 7>over because there's still nuclear material, enriched uranium that has

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<v Speaker 7>to be taken out of Iran. There's still enrichment sites

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<v Speaker 7>that have to be dismantled, there are still proxies that

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<v Speaker 7>Iran supports. There are ballistic missiles that they still want

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<v Speaker 7>to produce. Now we've degraded a lot of it, but

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<v Speaker 7>all of that is still there and there's work to

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<v Speaker 7>be done.

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<v Speaker 6>How do you envision the highly enriched uranium will be

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<v Speaker 6>removed from Iran?

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<v Speaker 7>You go in and you take it out with.

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<v Speaker 6>What special forces from Israel, special forces in the United States.

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<v Speaker 7>Well, I'm not going to talk about military means, but

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<v Speaker 7>the present what President Trump has said to me. I

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<v Speaker 7>want to go in there, and I think it can

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<v Speaker 7>be done physically. That's not the problem. If you have

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<v Speaker 7>an agreement and you go in and you take it out,

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<v Speaker 7>why not that's the best way.

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<v Speaker 6>What if there isn't an agreement, can it be taken

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<v Speaker 6>out by force?

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<v Speaker 7>Well, you're going to ask me these questions, I'm going

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<v Speaker 7>to dodge them because I'm not going to talk about

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<v Speaker 7>our military possibilities, plans, or anything of the kind.

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<v Speaker 6>And I'm just trying to get at how long is

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<v Speaker 6>it going to take to achieve that aim.

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<v Speaker 7>I'm not going to give a timetable to it, but

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<v Speaker 7>I'm going to say that's a terrifically important mission.

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<v Speaker 5>Emily.

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<v Speaker 2>We also understand that Trump and NATNYA, who had a

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<v Speaker 2>call yesterday. There was some suggestion that it was rather

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<v Speaker 2>urgent and unexpected. We didn't get a lot of details

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<v Speaker 2>out of what exactly was said on that call, but

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<v Speaker 2>Ntnaho They're saying that Trump told him he wants to

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<v Speaker 2>go in and get that.

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<v Speaker 5>Uranium and that the war is not over. What do

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<v Speaker 5>you make of that?

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<v Speaker 4>Well, he was asked by Major Garrett basically, what do

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<v Speaker 4>you what is the timetable for this as everyone just heard,

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<v Speaker 4>and Yaho says, well, I'm not going to give you

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<v Speaker 4>any information. I don't want to give away our military plans.

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<v Speaker 4>And then Garrett, I think actually pretty shrewdly asked him

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<v Speaker 4>the next question. Well, first he asked are you going

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<v Speaker 4>to do it? Or can you do it? And then

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<v Speaker 4>net Yahuo said, oh, I'm not going to reveal anything.

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<v Speaker 4>And then the next question was what's your timetable? And

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<v Speaker 4>Bibe was like, well, okay, we don't want to get

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<v Speaker 4>into specific so he confirmed by the next question that

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<v Speaker 4>hell yeah, he's planning to do it. He just didn't

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<v Speaker 4>want to reveal any details, which is juxtaposed with President

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<v Speaker 4>Trump somewhat amusing in a very tragic way, Crystal, because

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<v Speaker 4>Trump is out there talking constantly about what this could

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<v Speaker 4>look like and what his plans are. It's such a

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<v Speaker 4>strange contrast where you have the president and then Neta

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<v Speaker 4>Yahoo saying I don't want to reveal too much. Well,

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<v Speaker 4>Trump is constantly talking. It's very odd to see that juxtupposed.

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<v Speaker 5>Yeah.

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<v Speaker 2>Well, Trump was constantly talking a lot of nonsense and

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<v Speaker 2>saying sometimes contradictory things in the same sentence. He's loved

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<v Speaker 2>this strategy of just calling random reporters who just reprint

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<v Speaker 2>the or you know, reiterate the garbage that he gives them.

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<v Speaker 1>I don't know who you are talking about, Crystal.

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<v Speaker 2>I don't know, actually, and I'm not just referring to

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<v Speaker 2>one in this particular instance. There have been a lot

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<v Speaker 2>of people who've gotten those calls apparently, And have you know, listen,

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<v Speaker 2>if I got a call from the President, I would

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<v Speaker 2>also indicate what he said, but I also give some

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<v Speaker 2>context for how much stock we should put in his words.

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<v Speaker 2>At this point, you have to look at the actions

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<v Speaker 2>and so the latest words we're getting from Trump are

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<v Speaker 2>that they have rejected the Iranian proposal as unacceptable. Let's

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<v Speaker 2>go ahead and put a three up on the screen here.

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<v Speaker 2>This is from Trump rejecting the Iranian propose. I've just

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<v Speaker 2>read the response from around so called representatives. I don't

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<v Speaker 2>like it, totally unacceptable in all caps. Thank you for

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<v Speaker 2>your attention to this matter. This came after if we

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<v Speaker 2>could put a two up the screen. This came after

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<v Speaker 2>a different, lengthier truth social post saying that Iran has

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<v Speaker 2>been playing games with the United States and the rest

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<v Speaker 2>of the world for forty seven years. Delay delay, Delay,

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<v Speaker 2>finally hit pay dirt when Barak Hussein Obama became president.

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<v Speaker 2>He was not only good to them, he was great,

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<v Speaker 2>actually going to their side, jettison ing Israel, oh my God,

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<v Speaker 2>I wish and all of their allies, and giving Aron

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<v Speaker 2>a major and very powerful new lease on life. Hundreds

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<v Speaker 2>of billions of dollars and one point seven billion dollars

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<v Speaker 2>in green cash flown into Tehran, no mention of the

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<v Speaker 2>fact that was actually their own money. But whatever, every

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<v Speaker 2>bank in DC, Virginia and Maryland empty down.

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<v Speaker 5>Don't remember that?

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<v Speaker 1>Really much money?

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<v Speaker 2>Yes, yes, exactly, so much money that when it arrived

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<v Speaker 2>the Iranian thugs had no idea what to do with it.

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<v Speaker 2>They'd never seen money like this, never will again. It

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<v Speaker 2>was taken off the plane in suitcases and satchels. The

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<v Speaker 2>Iranians couldn't believe their luck. They finally found the greatest

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<v Speaker 2>sucker of them all in the form of a week

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<v Speaker 2>and stupid American president. He was a disaster as our leader,

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<v Speaker 2>but not as bad as sleepy Joe Biden. For forty

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<v Speaker 2>seven years, the Iranians have been tapping us along, keeping

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<v Speaker 2>us waiting, killing our people with their roadside bombs, destroying protests,

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<v Speaker 2>recently wiping out forty two thousand innocent, unarmed protesters. The

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<v Speaker 2>number is definitely not that anyway, and laughing at are

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<v Speaker 2>now great again country? They will not. They will be

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<v Speaker 2>laughing no longer President Donald J.

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<v Speaker 5>Trump.

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<v Speaker 2>And of course, you know, any deal, any theoretical deal

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<v Speaker 2>that could possibly be struck Emily, is going to result

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<v Speaker 2>in some sanctions relief. I think their Ranians are committed to,

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<v Speaker 2>you know, full sanctions relief. They're also committed to reparations,

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<v Speaker 2>although that could come in the form of being able

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<v Speaker 2>to collect this toll.

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<v Speaker 5>The strait of horror moves.

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<v Speaker 2>So in any case, you know, the money, their own

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<v Speaker 2>money that they receive back as part of the JCPOA

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<v Speaker 2>is going to pale in comparison to the deal that

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<v Speaker 2>would be available to Trump at this point, given the

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<v Speaker 2>fact that the US has flat out lost this war

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<v Speaker 2>to them. So you know, we're not really in a condition,

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<v Speaker 2>in a position to be making demands, and yet we

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<v Speaker 2>continue to make demands and posture as if we did

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<v Speaker 2>not lose this wars if Ron does not have us

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<v Speaker 2>checkmated in some very real and significant sense. And that's

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<v Speaker 2>why as long as that persists, these negotiations are not

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<v Speaker 2>going to go anywhere.

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<v Speaker 1>Well, or the alternative.

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<v Speaker 4>I mean, that's where this is somewhat chilling that Trump

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<v Speaker 4>is going so hard in the paint right now against

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<v Speaker 4>the handing over of cash.

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<v Speaker 1>These are in some of the deals.

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<v Speaker 4>Obviously, it was actually a point of disagreement intensely between

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<v Speaker 4>Trump and Mark Levin, who he continues to tweet promotionally

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<v Speaker 4>about or truth promotionally about. Just last week, Lindsay Graham

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<v Speaker 4>and Mark Levin were really unhappy with the contours of

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<v Speaker 4>a plan that were released that did find exactly this

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<v Speaker 4>sanctions relief and I think unfrozen assets exag It's always

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<v Speaker 4>hard to keep track of all of these plans, but

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<v Speaker 4>I think that's pretty much stuck in just about I mean,

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<v Speaker 4>all of them that have come out so far. And

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<v Speaker 4>that's where it gets to the point where you wonder

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<v Speaker 4>escalation trap wise, if to avoid this type of consternation

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<v Speaker 4>from Levin, the embarrassment of having people make this argument

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<v Speaker 4>about him, Trump gets sucked into actually some type of

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<v Speaker 4>ground operation, significant ground operation that escalates the war further.

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<v Speaker 4>To again avoid exactly what he's saying is so horrible. Now,

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<v Speaker 4>it could obviously go the other way at the same time,

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<v Speaker 4>and he could just not care and think that he's

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<v Speaker 4>spinning everything as a win, which he's been doing already

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<v Speaker 4>for the past couple of months. But it is a

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<v Speaker 4>little bit chilling, Crystal to see him dunking so hard

0:10:24.520 --> 0:10:27.320
<v Speaker 4>on that part of the JCPOA or I'm sorry, that

0:10:27.360 --> 0:10:31.520
<v Speaker 4>part of the Biden administration because he is it indicating

0:10:31.679 --> 0:10:34.160
<v Speaker 4>that he's moving further and further away from doing it himself.

0:10:34.280 --> 0:10:36.800
<v Speaker 1>Or is it just an outburst. You don't really know.

0:10:40.120 --> 0:10:42.400
<v Speaker 2>No, you don't And let's put the next piece up

0:10:42.400 --> 0:10:42.920
<v Speaker 2>on the screen.

0:10:43.000 --> 0:10:43.200
<v Speaker 5>Here.

0:10:43.280 --> 0:10:49.320
<v Speaker 2>From Iranian sources to their state news outlets, they said

0:10:49.360 --> 0:10:51.800
<v Speaker 2>they just saw the reaction of the so called president

0:10:51.840 --> 0:10:54.559
<v Speaker 2>of the United States to Iran's response has no importance.

0:10:54.880 --> 0:10:57.079
<v Speaker 5>No one in Iran writes proposals to please Trump.

0:10:57.080 --> 0:10:59.880
<v Speaker 2>The negotiating teams should draft proposals only for the right

0:11:00.160 --> 0:11:03.080
<v Speaker 2>of the Iranian people, and when Trump is dissatisfied with them,

0:11:03.320 --> 0:11:06.120
<v Speaker 2>naturally that is better. So that is the way their

0:11:06.120 --> 0:11:08.480
<v Speaker 2>pasture I will say though, based on what we know

0:11:08.520 --> 0:11:10.920
<v Speaker 2>the Wall Street Journal and some other outlet of camera

0:11:10.960 --> 0:11:14.400
<v Speaker 2>which one had some details of what the supposed Iranian

0:11:14.600 --> 0:11:17.560
<v Speaker 2>response was, and maybe we can put Trita Parsi as

0:11:17.600 --> 0:11:19.520
<v Speaker 2>the last element in the block A nine. Maybe we

0:11:19.520 --> 0:11:21.720
<v Speaker 2>could put him up on the screen because he had

0:11:21.760 --> 0:11:26.920
<v Speaker 2>an analysis of what the Iranians responded to Trump with,

0:11:27.600 --> 0:11:31.600
<v Speaker 2>and essentially what he's indicating is on the nuclear file

0:11:32.000 --> 0:11:35.360
<v Speaker 2>that they have compromised in some regards. They have walked

0:11:35.400 --> 0:11:39.000
<v Speaker 2>closer to what the Americans are looking for, but they

0:11:39.120 --> 0:11:41.640
<v Speaker 2>have not gone all the way. And Trump has put

0:11:41.679 --> 0:11:45.200
<v Speaker 2>some relatively maximalist demands in there that are more in

0:11:45.240 --> 0:11:48.040
<v Speaker 2>line with what the Israelis want to see than what

0:11:48.200 --> 0:11:51.319
<v Speaker 2>his original original posture had been back when we were

0:11:51.600 --> 0:11:54.720
<v Speaker 2>originally starting these negotiations along before the war.

0:11:55.240 --> 0:11:56.360
<v Speaker 5>So he has.

0:11:56.280 --> 0:12:00.800
<v Speaker 2>Placed his expectations in in you know, im possible position

0:12:00.840 --> 0:12:03.520
<v Speaker 2>for the Iranians to accept. But that doesn't mean they're

0:12:03.559 --> 0:12:07.000
<v Speaker 2>not willing to know, willing to negotiate on that piece

0:12:07.040 --> 0:12:10.800
<v Speaker 2>at all. I think since they in particular, it's logical,

0:12:10.880 --> 0:12:14.760
<v Speaker 2>since they've demonstrated that they have this massive deterrent capability

0:12:14.800 --> 0:12:17.320
<v Speaker 2>through their control of the strait of Horn moves in

0:12:17.360 --> 0:12:19.840
<v Speaker 2>a sense that gives them some more room to be

0:12:19.840 --> 0:12:22.199
<v Speaker 2>able to negotiate on the nuclear file. Because what's the

0:12:22.200 --> 0:12:24.800
<v Speaker 2>purpose of a nuclear weapon. It's deterrence. So if you

0:12:24.880 --> 0:12:28.240
<v Speaker 2>have this derent already established with the strait of Horn moves,

0:12:28.480 --> 0:12:31.040
<v Speaker 2>then you can afford to be a little bit flexible there.

0:12:31.160 --> 0:12:34.320
<v Speaker 2>But it's also a matter of their sovereignty and asserting

0:12:34.320 --> 0:12:37.280
<v Speaker 2>their rights and also reflecting the reality of the situation

0:12:37.559 --> 0:12:40.319
<v Speaker 2>that the US was not able to achieve its objectives

0:12:40.320 --> 0:12:42.960
<v Speaker 2>on the battlefield. There's no expectation the US will be

0:12:43.000 --> 0:12:46.240
<v Speaker 2>able in the future to achieve its objectives on the battlefield.

0:12:46.440 --> 0:12:49.200
<v Speaker 2>So any negotiated settlement is going to in some way

0:12:49.280 --> 0:12:51.640
<v Speaker 2>have to reflect that reality. And Trump is going to

0:12:51.679 --> 0:12:53.880
<v Speaker 2>then have to go out and do his best sales

0:12:53.920 --> 0:12:57.400
<v Speaker 2>pitch job to convince people that this catastrophic loss was

0:12:57.440 --> 0:12:58.760
<v Speaker 2>actually in some way a win.

0:12:59.080 --> 0:13:01.480
<v Speaker 4>Unless, of course, again he tries to do something even

0:13:01.760 --> 0:13:06.240
<v Speaker 4>bigger and tries to escalate militarily to avoid the humiliation

0:13:06.640 --> 0:13:09.640
<v Speaker 4>of obviously losing. I mean, he could end up, and

0:13:10.040 --> 0:13:12.240
<v Speaker 4>this is obvious, he could end up in a situation

0:13:12.600 --> 0:13:15.360
<v Speaker 4>quite clearly where the straight of Hoor moves is under

0:13:15.400 --> 0:13:18.520
<v Speaker 4>Iranian control, they're getting money from the straight of hor moves,

0:13:18.520 --> 0:13:21.080
<v Speaker 4>from basically tolls. They're not bringing the United States in

0:13:21.080 --> 0:13:22.920
<v Speaker 4>on it, as he suggested at one point, that we're

0:13:23.000 --> 0:13:26.559
<v Speaker 4>basically being that we would potentially like split toll fees

0:13:26.720 --> 0:13:29.600
<v Speaker 4>in the straight of horror moves looking less and less

0:13:29.640 --> 0:13:32.440
<v Speaker 4>likely that that's what happens, and so you end up

0:13:32.440 --> 0:13:36.319
<v Speaker 4>in a situation where Trump is forced to either massively escalate.

0:13:36.360 --> 0:13:39.720
<v Speaker 4>We hear people in some neo conservative borders still talking

0:13:39.720 --> 0:13:44.199
<v Speaker 4>about potential like tactical newts or great escalation in one

0:13:44.200 --> 0:13:46.079
<v Speaker 4>way or another, and again I.

0:13:46.040 --> 0:13:48.560
<v Speaker 1>Don't think that's likely. But when you're looking at.

0:13:48.400 --> 0:13:50.640
<v Speaker 4>The options for Trump on the table right now, it's

0:13:50.679 --> 0:13:53.720
<v Speaker 4>either complete capitulation in a way that he tries to

0:13:53.760 --> 0:13:56.760
<v Speaker 4>save face and spend this as a big win, or

0:13:57.040 --> 0:13:59.960
<v Speaker 4>he escalates further. And so I don't think the latter

0:14:00.160 --> 0:14:03.400
<v Speaker 4>is the likeliest outcome at this point, but I also

0:14:03.440 --> 0:14:06.560
<v Speaker 4>don't rule it out because it is so like everything

0:14:06.559 --> 0:14:09.640
<v Speaker 4>that we're seeing play out is so bad for his

0:14:09.679 --> 0:14:11.600
<v Speaker 4>ability to try to spin this as a win, which

0:14:11.600 --> 0:14:14.959
<v Speaker 4>he desperately wants to do, and he has people tripping

0:14:14.960 --> 0:14:21.840
<v Speaker 4>in his ear about the potential historic legacy building implications

0:14:21.920 --> 0:14:22.600
<v Speaker 4>of escalation.

0:14:22.960 --> 0:14:25.320
<v Speaker 1>So we're in a dangerous spot, obviously.

0:14:25.880 --> 0:14:30.080
<v Speaker 2>Absolutely the case, and especially because the Iranians are unlikely

0:14:30.160 --> 0:14:33.960
<v Speaker 2>to mend any further here in terms of negotiations, because

0:14:34.120 --> 0:14:36.720
<v Speaker 2>number one, again they are looking at this like y'all

0:14:36.800 --> 0:14:39.480
<v Speaker 2>lost and we can bear a lot more pain than

0:14:39.520 --> 0:14:42.880
<v Speaker 2>you can. And the global economy is going to continue to,

0:14:43.320 --> 0:14:45.840
<v Speaker 2>you know, to totter on the brink here, and we've

0:14:45.880 --> 0:14:48.320
<v Speaker 2>got some elements will bring in the next block about

0:14:48.320 --> 0:14:50.240
<v Speaker 2>exactly what that looks like. But I know oil is

0:14:50.320 --> 0:14:52.600
<v Speaker 2>up back again this morning because of the rejection of

0:14:52.640 --> 0:14:56.040
<v Speaker 2>this deal, and they're seemingly being no end in sight here.

0:14:56.360 --> 0:14:58.240
<v Speaker 2>But you know, what else do you do if you're

0:14:58.320 --> 0:15:02.280
<v Speaker 2>Trump and you're not willing to accept the humiliation that

0:15:02.320 --> 0:15:05.480
<v Speaker 2>would be required for you to accept in whatever deal

0:15:05.520 --> 0:15:08.040
<v Speaker 2>you could strike right now, You've got all kinds of people,

0:15:08.080 --> 0:15:10.240
<v Speaker 2>like you said, who are going to be pushing him. Oh,

0:15:10.320 --> 0:15:12.720
<v Speaker 2>let's arm this faction, let's bomb this, let's bomb that,

0:15:12.840 --> 0:15:15.800
<v Speaker 2>let's try for the uranium. Whatever thinks he's being told.

0:15:16.240 --> 0:15:19.160
<v Speaker 2>And he would rather take a gamble, I think, I mean,

0:15:19.240 --> 0:15:22.400
<v Speaker 2>just thinking of his own psychology, he would rather take

0:15:22.440 --> 0:15:26.080
<v Speaker 2>a gamble than have to accept the reality that has

0:15:26.120 --> 0:15:29.040
<v Speaker 2>been revealed by this war. You know, there is one

0:15:29.560 --> 0:15:32.280
<v Speaker 2>positive thing I would say here from the Iranian side,

0:15:32.280 --> 0:15:34.640
<v Speaker 2>This from the Iranian president of a six up on

0:15:34.680 --> 0:15:39.520
<v Speaker 2>the screen, just defending the idea of dialogue and negotiation.

0:15:40.240 --> 0:15:42.960
<v Speaker 2>So Poteshkin says, we will never bow our heads before

0:15:42.960 --> 0:15:46.000
<v Speaker 2>the enemy, and if talk of dialogue or negotiation arises,

0:15:46.240 --> 0:15:48.640
<v Speaker 2>it does not mean surrender or retreat. Rather, the goal

0:15:48.760 --> 0:15:50.600
<v Speaker 2>is to uphold the rights of the Iranian nation to

0:15:50.640 --> 0:15:53.920
<v Speaker 2>defend national interests with resolute strength. So a defense there

0:15:53.960 --> 0:15:59.360
<v Speaker 2>of diplomacy and negotiation and talks and dialogue. That's positive

0:15:59.600 --> 0:16:02.800
<v Speaker 2>to see that from obviously an important and influential figure

0:16:02.880 --> 0:16:07.240
<v Speaker 2>with it in Iran. But again, the reality of where

0:16:07.240 --> 0:16:09.400
<v Speaker 2>their position is and how far they're willing to go,

0:16:09.960 --> 0:16:15.000
<v Speaker 2>it's still vastly different from what the American side, what

0:16:15.040 --> 0:16:17.200
<v Speaker 2>Trump and the American side are willing to offer. And

0:16:17.280 --> 0:16:19.320
<v Speaker 2>I continue to think Emily, that is also a very

0:16:19.360 --> 0:16:22.240
<v Speaker 2>dire sign. That added to the negotiating team, not that

0:16:22.240 --> 0:16:25.080
<v Speaker 2>there are in face, in person negotiations happening right now,

0:16:25.080 --> 0:16:27.920
<v Speaker 2>but that officially added to the negotiating team is this

0:16:28.040 --> 0:16:32.400
<v Speaker 2>hawk from the Foundation for the defensive Democracy is very

0:16:32.480 --> 0:16:36.320
<v Speaker 2>very hawkish outlet, outfit that's been providing lots of the

0:16:36.320 --> 0:16:40.240
<v Speaker 2>worst misinformation apparently to this administration. So the fact that

0:16:40.240 --> 0:16:43.280
<v Speaker 2>guy got added to the negotiating team, and seemingly Janie Vance,

0:16:43.280 --> 0:16:47.040
<v Speaker 2>who's seen as a more reasonable figure, more desirous of

0:16:47.080 --> 0:16:50.640
<v Speaker 2>an end to this war, was apparently taken off the team.

0:16:51.360 --> 0:16:54.520
<v Speaker 1>Yeah, great point. Senator Senator Secretary Rubio did.

0:16:54.400 --> 0:16:57.240
<v Speaker 4>The briefing last week, I think notably as well, which

0:16:57.360 --> 0:17:00.320
<v Speaker 4>was you can read into it what you want, but

0:17:00.920 --> 0:17:03.600
<v Speaker 4>to have him do that rather than VP Vance, who

0:17:03.800 --> 0:17:07.520
<v Speaker 4>has been spearheading negotiations, I think there's probably something indeed

0:17:07.520 --> 0:17:08.919
<v Speaker 4>to be read into that. And I just wanted to

0:17:08.920 --> 0:17:13.440
<v Speaker 4>also make the point Crystal that on Trita Parsi's substack

0:17:13.640 --> 0:17:15.879
<v Speaker 4>him saying he has a line in the reces, I

0:17:15.880 --> 0:17:19.280
<v Speaker 4>don't think Americans fully appreciate what it means that Iran

0:17:19.359 --> 0:17:22.720
<v Speaker 4>is coming to the table on enrichment moratoriums, and that

0:17:23.359 --> 0:17:25.480
<v Speaker 4>Ryan and I covered last week. Some of the Democrats,

0:17:25.880 --> 0:17:29.080
<v Speaker 4>by the way, not just left wing Democrats, but some

0:17:29.119 --> 0:17:33.119
<v Speaker 4>people who are probably considered more moderate Democrats pushing for

0:17:33.160 --> 0:17:37.080
<v Speaker 4>the Israelis to be transparent about their own nuclear capability

0:17:37.560 --> 0:17:40.400
<v Speaker 4>that is more important right now than it ever has been.

0:17:40.640 --> 0:17:43.480
<v Speaker 4>To use that cliche that I think actually is fitting here,

0:17:43.560 --> 0:17:48.239
<v Speaker 4>because if you want to make a deal with that

0:17:48.280 --> 0:17:51.800
<v Speaker 4>actually achieves no nuclear enrichment in an Iran, or with

0:17:51.880 --> 0:17:54.359
<v Speaker 4>an Iran that has just heard the President of the

0:17:54.400 --> 0:17:57.800
<v Speaker 4>United States make threats about wiping out an entire civilization,

0:17:58.160 --> 0:18:02.000
<v Speaker 4>and ensure that they're actually is no enrichment as part

0:18:02.040 --> 0:18:05.520
<v Speaker 4>of the deal that will satisfy American presidents, you're going

0:18:05.560 --> 0:18:07.720
<v Speaker 4>to have to be able to be honest.

0:18:07.960 --> 0:18:10.040
<v Speaker 1>In order to enforce that. You have to be honest

0:18:10.160 --> 0:18:10.920
<v Speaker 1>about Israel.

0:18:10.960 --> 0:18:13.600
<v Speaker 4>There has to be transparency about Israel from our government

0:18:13.640 --> 0:18:17.919
<v Speaker 4>and from their government. Otherwise, how on earth do you

0:18:18.000 --> 0:18:21.080
<v Speaker 4>expect that to stick and hold without finding us back

0:18:21.080 --> 0:18:23.280
<v Speaker 4>in this situation a year from now, two years from now,

0:18:23.359 --> 0:18:26.919
<v Speaker 4>or whatever, the deal is cut. Because the Iranians don't

0:18:27.000 --> 0:18:31.760
<v Speaker 4>trust Israel and the United States in their nuclear capacity

0:18:31.760 --> 0:18:34.360
<v Speaker 4>in Israel at the Israeli is nuclear capacity, and they

0:18:34.359 --> 0:18:37.879
<v Speaker 4>have just been pushed into a situation where many people politically,

0:18:38.080 --> 0:18:40.640
<v Speaker 4>as Jeremy Scahole was explaining to us on the Friday Show,

0:18:41.000 --> 0:18:46.720
<v Speaker 4>are more more interested than ever before in obtaining quickly.

0:18:46.440 --> 0:18:49.120
<v Speaker 1>Their own nuclear capacity. So that's right.

0:18:49.240 --> 0:18:52.240
<v Speaker 4>It's an important push I think actually from some Democrats

0:18:52.280 --> 0:18:52.640
<v Speaker 4>right now.

0:18:53.320 --> 0:18:57.240
<v Speaker 2>Yeah, absolutely, very very noteworthy, and not that it's going

0:18:57.280 --> 0:19:00.359
<v Speaker 2>anywhere right now in this House, but the very act

0:19:00.840 --> 0:19:04.919
<v Speaker 2>that such a proposal was offered and co sponsored by

0:19:05.240 --> 0:19:09.520
<v Speaker 2>a lot of Democrats, mainstream Democrats, is a total total

0:19:09.800 --> 0:19:12.720
<v Speaker 2>sea change. Last thing I wanted to put up in

0:19:12.800 --> 0:19:15.320
<v Speaker 2>this block is a seven, just to show you how

0:19:15.400 --> 0:19:20.080
<v Speaker 2>precarious this moment continues to be. There was a ship

0:19:20.400 --> 0:19:24.840
<v Speaker 2>that was struck off of Qatar's coast cargo ship.

0:19:24.600 --> 0:19:26.320
<v Speaker 5>That has caught fire.

0:19:26.400 --> 0:19:29.840
<v Speaker 2>You know, I've seen some indications that there are more

0:19:29.960 --> 0:19:34.800
<v Speaker 2>ongoing skirmishes in and around this region than what is

0:19:34.840 --> 0:19:39.040
<v Speaker 2>being reported in the media. So this is extremely volatile,

0:19:39.520 --> 0:19:43.080
<v Speaker 2>and you've got Trump in a very desperate situation. You

0:19:43.200 --> 0:19:47.000
<v Speaker 2>have the landscape for the US so dire that even

0:19:47.080 --> 0:19:50.840
<v Speaker 2>Bob Kagan, who is the husband of Victoria Neuland who

0:19:50.960 --> 0:19:54.080
<v Speaker 2>is the co founder of an extraordinarily hawkish thing tanks

0:19:54.160 --> 0:19:56.520
<v Speaker 2>or died in the whole. Niokhan is out in Atlantic

0:19:56.600 --> 0:19:58.600
<v Speaker 2>magazine saying, hey, we're in checkmate here.

0:19:58.760 --> 0:19:59.720
<v Speaker 5>Like Aron's Goddess.

0:20:00.359 --> 0:20:02.679
<v Speaker 2>This is a massive strategic defeat We're going to be

0:20:02.680 --> 0:20:06.080
<v Speaker 2>seeing the repercussions of this for years and decades to come.

0:20:06.400 --> 0:20:09.080
<v Speaker 2>So the landscape is that dire on the American side,

0:20:09.080 --> 0:20:11.920
<v Speaker 2>but the willingness to accept that reality from Trump sublimate

0:20:11.960 --> 0:20:15.840
<v Speaker 2>his aego, accept this humiliating defeat and the reality that

0:20:15.880 --> 0:20:20.240
<v Speaker 2>would set in once you've actually inked a solidified deal here.

0:20:20.560 --> 0:20:22.120
<v Speaker 2>I just it's hard for me to see him going

0:20:22.160 --> 0:20:24.040
<v Speaker 2>in that direction, which is why it continues to be

0:20:24.080 --> 0:20:27.200
<v Speaker 2>so dangerous. And when you see out they're retweeting Mark

0:20:27.280 --> 0:20:30.439
<v Speaker 2>Levin thoughts calling for all sorts of insanity, and you

0:20:30.440 --> 0:20:32.560
<v Speaker 2>see the sorts of people he's surrounding himself with and

0:20:32.560 --> 0:20:35.600
<v Speaker 2>who he's putting on the negotiating team. It's no surprise

0:20:35.920 --> 0:20:39.560
<v Speaker 2>that the Iranians fully expect that they're going to face

0:20:39.760 --> 0:20:43.760
<v Speaker 2>renewed attacks from the US and Israel and the UAE

0:20:43.880 --> 0:20:45.679
<v Speaker 2>and Saudi and the other allies in the region.

0:20:46.040 --> 0:20:48.440
<v Speaker 4>Yeah, none of this has to mean that things are

0:20:48.440 --> 0:20:51.840
<v Speaker 4>going swimmingly for Iran. It's a question of whether the

0:20:52.080 --> 0:20:55.679
<v Speaker 4>cost benefit analysis for Trump for the United States is

0:20:55.720 --> 0:20:59.160
<v Speaker 4>such that it's worth either escalating or to your point,

0:20:59.160 --> 0:21:03.639
<v Speaker 4>Crystal sublement, sublimating his ego and saving face and cutting

0:21:03.680 --> 0:21:04.800
<v Speaker 4>bait at a certain point.

0:21:04.880 --> 0:21:08.159
<v Speaker 1>So yeah, he continues to say they have no cards.

0:21:08.160 --> 0:21:10.439
<v Speaker 4>Well, they do have a card, which is obviously the

0:21:10.480 --> 0:21:13.560
<v Speaker 4>straight of horror moves, and he doesn't want to make

0:21:13.600 --> 0:21:16.719
<v Speaker 4>that one of his key concessions in a peace negotiation

0:21:16.920 --> 0:21:20.399
<v Speaker 4>because it was obviously open before the war began, and

0:21:20.440 --> 0:21:24.840
<v Speaker 4>that sticking point is not budging one bit. Despite the

0:21:24.880 --> 0:21:29.080
<v Speaker 4>Iranians obviously taking some real hits, but in asymmetric warfare

0:21:29.119 --> 0:21:32.960
<v Speaker 4>they continue to have several cards, despite what the President says.

0:21:33.040 --> 0:21:37.960
<v Speaker 2>So in the massive geographic advantage, very low cost their weaponry,

0:21:38.119 --> 0:21:41.320
<v Speaker 2>they have a much more effective, frankly industrial base than

0:21:41.400 --> 0:21:41.760
<v Speaker 2>we do.

0:21:42.040 --> 0:21:44.080
<v Speaker 5>You know, we are still learning.

0:21:44.240 --> 0:21:47.119
<v Speaker 2>Actually, there was a briefing, apparently classified briefing on Capitol

0:21:47.200 --> 0:21:49.600
<v Speaker 2>Hill about how many of our munitions had been depleted.

0:21:49.880 --> 0:21:52.400
<v Speaker 2>Senator Mark Kelly, of course served in the military, came

0:21:52.400 --> 0:21:55.840
<v Speaker 2>out was horrified by the way that our stockpile has

0:21:55.880 --> 0:21:59.000
<v Speaker 2>been diminished, and that can't be dealt with in a

0:21:59.000 --> 0:22:01.560
<v Speaker 2>matter of days or week or even months. This is

0:22:01.600 --> 0:22:05.719
<v Speaker 2>we're talking about years long effort to rebuild what we

0:22:05.800 --> 0:22:09.840
<v Speaker 2>expended during what forty days of warfare. I was pretty

0:22:09.880 --> 0:22:13.080
<v Speaker 2>wild to see. So in any case. That's where things

0:22:13.119 --> 0:22:16.920
<v Speaker 2>are this morning. Extremely volatile, very precarious. The Iranian proposal

0:22:17.040 --> 0:22:20.560
<v Speaker 2>dismissed outright by Trump, and a lot of signs that

0:22:20.600 --> 0:22:26.119
<v Speaker 2>we could be headed in a very dangerous direction. The

0:22:26.160 --> 0:22:29.120
<v Speaker 2>economy certainly had it in a very dangerous direction as well.

0:22:29.160 --> 0:22:30.119
<v Speaker 1>No question about it.

0:22:30.200 --> 0:22:33.440
<v Speaker 4>Republicans right now saying bombing might have to begin once more.

0:22:33.520 --> 0:22:36.359
<v Speaker 4>But the American people are obviously not on board with

0:22:36.400 --> 0:22:38.160
<v Speaker 4>the war, have not been on board with the war

0:22:38.480 --> 0:22:40.600
<v Speaker 4>from the beginning. And the question as to whether the

0:22:40.640 --> 0:22:43.800
<v Speaker 4>American people are making up their mind on the war

0:22:43.840 --> 0:22:46.720
<v Speaker 4>with accurate information is now front and center because of

0:22:46.800 --> 0:22:50.080
<v Speaker 4>a new well some new reporting. There's been some significant

0:22:50.119 --> 0:22:53.120
<v Speaker 4>new reporting actually on this front. Do we know how

0:22:53.200 --> 0:22:56.720
<v Speaker 4>much the war is actually costing? Let's put this New

0:22:56.760 --> 0:22:59.560
<v Speaker 4>York Times tear sheet up on the screen, has a

0:22:59.600 --> 0:23:02.880
<v Speaker 4>headline and Hegseth says this war has cost twenty five

0:23:03.160 --> 0:23:06.480
<v Speaker 4>billion dollars. I tallied up the true amount. This is

0:23:06.520 --> 0:23:11.520
<v Speaker 4>from Justin Wolfer's obviously professor public policy at the University

0:23:11.680 --> 0:23:15.240
<v Speaker 4>of Michigan, and Wolfers wrote in the Times quote. The

0:23:15.240 --> 0:23:17.680
<v Speaker 4>Defense Department says the conflict with Iran has cost twenty

0:23:17.680 --> 0:23:21.240
<v Speaker 4>five billion so far. He says, this tally significantly understates

0:23:21.240 --> 0:23:24.480
<v Speaker 4>the true cost. By my calculations, the bill for a

0:23:24.520 --> 0:23:28.720
<v Speaker 4>typical American household likely runs two thousands or even tens

0:23:28.760 --> 0:23:33.000
<v Speaker 4>of thousands of dollars. He says, Yes, that's a wide range.

0:23:33.080 --> 0:23:38.040
<v Speaker 4>Blame the economic fog of war. But man, crystal these

0:23:38.160 --> 0:23:42.640
<v Speaker 4>numbers right now, as they become more and more pronounced

0:23:42.680 --> 0:23:46.040
<v Speaker 4>and obvious in the media and the American people are

0:23:46.080 --> 0:23:48.800
<v Speaker 4>paying more at the pump and then looking at exactly

0:23:48.880 --> 0:23:51.240
<v Speaker 4>how much more debt we're going into to fund the

0:23:51.240 --> 0:23:54.400
<v Speaker 4>war per person. So it's not even just I think

0:23:54.520 --> 0:23:57.679
<v Speaker 4>first and foremost for most people, it's about prices increasing

0:23:57.800 --> 0:23:59.879
<v Speaker 4>and what you're seeing every day on the table, But

0:24:00.080 --> 0:24:06.080
<v Speaker 4>then just the long term ramifications for your own budget

0:24:05.520 --> 0:24:09.160
<v Speaker 4>as an American and American family because of this, As

0:24:09.200 --> 0:24:11.240
<v Speaker 4>that becomes more and more obvious, I mean, let's put

0:24:11.280 --> 0:24:14.639
<v Speaker 4>B two up on the screen and becomes more obvious

0:24:14.640 --> 0:24:17.520
<v Speaker 4>in people's everyday lives. This is the craft. Heind CEO,

0:24:18.080 --> 0:24:21.440
<v Speaker 4>who said in an interview this last week quote, they're

0:24:21.480 --> 0:24:24.160
<v Speaker 4>literally running out of money at the end of the month.

0:24:24.200 --> 0:24:28.680
<v Speaker 4>We're seeing negative cash flows in the lower income brackets

0:24:28.720 --> 0:24:31.960
<v Speaker 4>where they're dipping into savings. So just about what you're

0:24:32.000 --> 0:24:36.600
<v Speaker 4>already seeing in consumer patterns. We're what two months into

0:24:36.640 --> 0:24:39.040
<v Speaker 4>this thing, two and a half months into this thing.

0:24:39.240 --> 0:24:42.359
<v Speaker 4>And even if it were to hypothetically someone waves a

0:24:42.359 --> 0:24:46.320
<v Speaker 4>magic wand and today the economy is not just going

0:24:46.359 --> 0:24:49.879
<v Speaker 4>to get better, it's turning the Titanic around at this point, Crystal. So,

0:24:50.240 --> 0:24:52.840
<v Speaker 4>heading into the midterms, Trump is poised to lose what

0:24:52.960 --> 0:24:55.479
<v Speaker 4>little support for the war he has left.

0:24:55.800 --> 0:24:57.400
<v Speaker 1>The more we see of this, we haven't.

0:24:57.160 --> 0:24:59.800
<v Speaker 4>Really even seen the beginning here in the United States,

0:25:00.040 --> 0:25:01.800
<v Speaker 4>I should say, we've probably just seen the beginning, just

0:25:01.880 --> 0:25:02.840
<v Speaker 4>the tip of the iceberg.

0:25:03.200 --> 0:25:04.919
<v Speaker 1>This is about to get much much worse.

0:25:05.480 --> 0:25:07.200
<v Speaker 5>Yeah, that's absolutely the case.

0:25:07.320 --> 0:25:10.800
<v Speaker 2>And Americans famously, you know, already don't have a lot

0:25:10.800 --> 0:25:13.880
<v Speaker 2>of savings, don't have a lot of margin for error.

0:25:14.320 --> 0:25:17.560
<v Speaker 2>So when you have the specter of gas prices going

0:25:17.640 --> 0:25:21.000
<v Speaker 2>up and up and up day after day, week after

0:25:21.040 --> 0:25:23.919
<v Speaker 2>week after week, with no end in sight, you know,

0:25:24.000 --> 0:25:27.480
<v Speaker 2>people in elites, in DC policymakers, they may not be

0:25:27.520 --> 0:25:29.840
<v Speaker 2>feeling the pinch yet, but I can promise you, I

0:25:29.840 --> 0:25:34.720
<v Speaker 2>can promise you ordinary Americans. For them, it's already crisis.

0:25:35.000 --> 0:25:37.080
<v Speaker 2>And that's what you see reflected there in the comments

0:25:37.080 --> 0:25:39.440
<v Speaker 2>from the Kraft Hid CEO. I always pay very close

0:25:39.480 --> 0:25:42.280
<v Speaker 2>attention to those things. You know, we've covered before, McDonald's

0:25:42.280 --> 0:25:45.360
<v Speaker 2>CEO saying, hey, you know, people are just skipping breakfast now,

0:25:45.440 --> 0:25:47.960
<v Speaker 2>and not that we're celebrating people getting breakfast from McDonald's,

0:25:47.960 --> 0:25:49.960
<v Speaker 2>although I am personally a big mcgriddell fan, but we

0:25:50.040 --> 0:25:54.159
<v Speaker 2>put that aside. When people are just saying, I'm just

0:25:54.200 --> 0:25:57.080
<v Speaker 2>not doing this at all, that's a very dire sign.

0:25:57.920 --> 0:26:00.159
<v Speaker 2>I wanted to go back just briefly to that that

0:26:00.280 --> 0:26:03.160
<v Speaker 2>estimate from Justin Wolfer's because I think it's so significant.

0:26:03.400 --> 0:26:05.840
<v Speaker 2>He says, not only does the cost directly to each

0:26:05.880 --> 0:26:09.400
<v Speaker 2>American family total in the thousands to tens of thousands

0:26:09.400 --> 0:26:12.760
<v Speaker 2>of dollars, but when you look at the total cost

0:26:12.920 --> 0:26:14.840
<v Speaker 2>of this war and you factor in, as you said,

0:26:14.840 --> 0:26:17.800
<v Speaker 2>the increase in the cost of service, our debt, which

0:26:17.800 --> 0:26:20.560
<v Speaker 2>has already gone up significantly, When you factor in new

0:26:20.760 --> 0:26:25.719
<v Speaker 2>disability benefits and mental health problems for veterans who are serving,

0:26:25.800 --> 0:26:27.600
<v Speaker 2>God forbid, if we do go in some sort of

0:26:27.680 --> 0:26:30.960
<v Speaker 2>ground invasion, those sorts of costs are going to escalate.

0:26:31.160 --> 0:26:33.760
<v Speaker 5>When you think about repairing all the damages.

0:26:33.600 --> 0:26:37.480
<v Speaker 2>Of those bases that have been obliterated, destroyed, if we

0:26:37.520 --> 0:26:39.199
<v Speaker 2>even decide we're going to go back in there and

0:26:39.240 --> 0:26:42.240
<v Speaker 2>fix them and take up those positions in the region again,

0:26:42.240 --> 0:26:44.919
<v Speaker 2>which I think is a big question, But those are huge,

0:26:45.119 --> 0:26:48.480
<v Speaker 2>huge costs. Then you think about the economic cost day

0:26:48.520 --> 0:26:51.680
<v Speaker 2>to day of the oil markets. The gas price is

0:26:51.720 --> 0:26:54.560
<v Speaker 2>going up the way that fuels inflation, and he says,

0:26:54.720 --> 0:26:57.640
<v Speaker 2>twenty five billion is an insane low ball.

0:26:58.040 --> 0:26:58.919
<v Speaker 5>This is his quotes.

0:26:58.960 --> 0:27:01.040
<v Speaker 2>The best any economist can do right now is get

0:27:01.040 --> 0:27:03.240
<v Speaker 2>the order of magnitude right. And my mass suggests the

0:27:03.280 --> 0:27:06.439
<v Speaker 2>Iran war will cost hundreds of billions of dollars and

0:27:06.720 --> 0:27:13.040
<v Speaker 2>very possibly trillions, trillions of dollars for this folly, For

0:27:13.119 --> 0:27:17.880
<v Speaker 2>this so far forty day accounting folly, He says, wars hell,

0:27:18.040 --> 0:27:21.400
<v Speaker 2>and hell comes with a hefty price tag. So that

0:27:21.560 --> 0:27:24.080
<v Speaker 2>is what this president has signed us up for.

0:27:24.480 --> 0:27:26.040
<v Speaker 4>Yeah, and I also wanted to go back to Wolfer's

0:27:26.119 --> 0:27:28.840
<v Speaker 4>just on another point about what's happening in the market.

0:27:28.960 --> 0:27:31.159
<v Speaker 4>So before we go back to Wolfers, let's put up

0:27:31.200 --> 0:27:32.320
<v Speaker 4>this next tear sheet.

0:27:32.359 --> 0:27:35.080
<v Speaker 1>This is before This is a quote from.

0:27:35.000 --> 0:27:39.280
<v Speaker 4>A Financial Times article Crazy, Yeah, where you have a

0:27:39.320 --> 0:27:42.440
<v Speaker 4>banker speaking anonymously to Ft, saying quote, does anyone really

0:27:42.440 --> 0:27:44.600
<v Speaker 4>care if the strait of hor moves is open?

0:27:44.760 --> 0:27:44.920
<v Speaker 1>Now?

0:27:45.000 --> 0:27:45.160
<v Speaker 6>Oh?

0:27:45.200 --> 0:27:45.600
<v Speaker 1>My god?

0:27:45.680 --> 0:27:48.800
<v Speaker 4>And the Wolfer's article, he writes, quote wall Street is

0:27:48.840 --> 0:27:51.359
<v Speaker 4>worried despite the market touching new highs every time the

0:27:51.400 --> 0:27:54.760
<v Speaker 4>president takes a more belligerent stance, Stocks tank, suggesting that

0:27:54.800 --> 0:27:57.720
<v Speaker 4>investors think this conflict will undermine the value of leading

0:27:57.880 --> 0:28:01.040
<v Speaker 4>US companies. My estimate, based on movement of oil prices

0:28:01.040 --> 0:28:02.959
<v Speaker 4>along with the S and P five hundred, is that

0:28:03.000 --> 0:28:05.520
<v Speaker 4>stocks are about five percent lower than they otherwise would be,

0:28:05.560 --> 0:28:08.040
<v Speaker 4>suggesting that the war has wiped out about three trillion

0:28:08.200 --> 0:28:10.720
<v Speaker 4>off three tollond dollars off the value of these companies

0:28:10.720 --> 0:28:14.240
<v Speaker 4>and Crystal. The contrast between Wolfer's I think reading what's

0:28:14.240 --> 0:28:18.639
<v Speaker 4>happened in Wall Street pretty accurately and one banker just

0:28:18.960 --> 0:28:23.399
<v Speaker 4>talking about how Wall Street is riding this AI boom

0:28:23.640 --> 0:28:26.440
<v Speaker 4>for now, for now, it is pretty interesting because it

0:28:26.520 --> 0:28:30.080
<v Speaker 4>kind of depends on your vantage point. If you're like,

0:28:30.119 --> 0:28:33.159
<v Speaker 4>if you're worried about the market as a whole, or

0:28:33.400 --> 0:28:35.480
<v Speaker 4>what it means for average Americans or what it means

0:28:35.520 --> 0:28:39.360
<v Speaker 4>for your returns, I guess you're probably thinking of this

0:28:39.400 --> 0:28:42.440
<v Speaker 4>war differently depending on that vantage point. Because if you're

0:28:42.640 --> 0:28:45.880
<v Speaker 4>cool to just coast off of the AI boom, as

0:28:45.920 --> 0:28:48.440
<v Speaker 4>opposed to being like an average American who really does

0:28:48.520 --> 0:28:51.040
<v Speaker 4>have to worry about what's happening in the s and p.

0:28:51.120 --> 0:28:53.800
<v Speaker 1>Five hundred, that is a pretty different vantage point.

0:28:54.320 --> 0:28:57.920
<v Speaker 2>Just extraordinary. Yeah, and it wasn't just that one person.

0:28:58.640 --> 0:29:01.440
<v Speaker 2>Apparently there was a a sort of rough poll show

0:29:01.440 --> 0:29:03.240
<v Speaker 2>of hands about, hey, do you think the stock market

0:29:03.280 --> 0:29:05.720
<v Speaker 2>is going to end up even further on the year.

0:29:05.840 --> 0:29:07.680
<v Speaker 2>Do you think it's going to end down from where

0:29:07.720 --> 0:29:10.120
<v Speaker 2>we are right now? And the overwhelming consensus was that

0:29:10.160 --> 0:29:12.760
<v Speaker 2>the line was going to continue to go up. The

0:29:12.760 --> 0:29:17.920
<v Speaker 2>headline describes it as blissful ignorance, and look, I think

0:29:17.960 --> 0:29:22.080
<v Speaker 2>this is proof positive that the stock market is not

0:29:22.120 --> 0:29:26.240
<v Speaker 2>only divorced from the reality of what ordinary Americans lives are,

0:29:26.320 --> 0:29:27.880
<v Speaker 2>it is a negative indicator.

0:29:28.160 --> 0:29:29.680
<v Speaker 5>The more the stock market goes up.

0:29:29.960 --> 0:29:33.280
<v Speaker 2>Oftentimes in recent years it's been because oh, we did

0:29:33.320 --> 0:29:35.280
<v Speaker 2>a bunch of layoffs because we can use AI or

0:29:35.440 --> 0:29:37.240
<v Speaker 2>place a bunch of workers like that is what they're

0:29:37.280 --> 0:29:40.800
<v Speaker 2>betting on. When we talk about this big bet on AI,

0:29:41.320 --> 0:29:43.239
<v Speaker 2>it's not just how the technology is going to help

0:29:43.320 --> 0:29:46.360
<v Speaker 2>us cure cancer, whatever. No, what they are betting on

0:29:46.640 --> 0:29:49.280
<v Speaker 2>is that AI is going to be able to replace

0:29:49.360 --> 0:29:51.560
<v Speaker 2>a large number of human beings.

0:29:51.920 --> 0:29:52.800
<v Speaker 5>That is the bet.

0:29:53.080 --> 0:29:55.040
<v Speaker 2>Now will that bet pay off or not, It's not

0:29:55.320 --> 0:29:58.200
<v Speaker 2>entirely clear. I think that in some ways it will.

0:29:58.240 --> 0:30:01.200
<v Speaker 2>You could also have a major bubble pop when one

0:30:01.240 --> 0:30:03.480
<v Speaker 2>company succeeds and the rest of them fail, et cetera.

0:30:03.520 --> 0:30:05.200
<v Speaker 2>There are a lot of dire outcomes that could come

0:30:05.240 --> 0:30:09.000
<v Speaker 2>from this, But I think it's very important to understand

0:30:09.520 --> 0:30:13.120
<v Speaker 2>that largely largely at this point, when the stock market

0:30:13.240 --> 0:30:17.680
<v Speaker 2>goes up, given the large bet on AI, that is

0:30:17.720 --> 0:30:22.480
<v Speaker 2>a negative indicator for the wellbeing of Americans. And so, yeah,

0:30:22.520 --> 0:30:25.600
<v Speaker 2>if you're in the top point zero one percent, as

0:30:25.640 --> 0:30:28.800
<v Speaker 2>these individuals, you know, hang down at this milk and

0:30:29.000 --> 0:30:32.840
<v Speaker 2>gathering as they would as they would likely be the

0:30:32.920 --> 0:30:35.160
<v Speaker 2>little more gas prices at the pump, Yeah, you don't

0:30:35.200 --> 0:30:35.719
<v Speaker 2>care about that.

0:30:35.760 --> 0:30:37.800
<v Speaker 5>Who cares if it's straight up formosis. So that's not

0:30:37.840 --> 0:30:40.560
<v Speaker 5>really affecting my life. I haven't changed my consumption habits.

0:30:40.800 --> 0:30:45.640
<v Speaker 2>So they are blissfully oblivious to what the reality is

0:30:45.640 --> 0:30:48.080
<v Speaker 2>and they don't care. I mean, they genuinely don't care

0:30:48.560 --> 0:30:51.880
<v Speaker 2>about the way that this will cause ordinary people to

0:30:52.320 --> 0:30:57.320
<v Speaker 2>struggle and suffer. Now, I think they're somewhat delusional that, look,

0:30:57.400 --> 0:30:59.160
<v Speaker 2>at the end of the day, do you need some

0:30:59.240 --> 0:31:02.520
<v Speaker 2>kind of consumer at the end of the day, do

0:31:02.520 --> 0:31:05.680
<v Speaker 2>you need to avoid some sort of revolutionary fervor which

0:31:05.720 --> 0:31:08.360
<v Speaker 2>is very much increasingly on the table, especially the more

0:31:08.400 --> 0:31:11.160
<v Speaker 2>they push things in this direction. But for today, apparently

0:31:11.240 --> 0:31:12.160
<v Speaker 2>they're feeling pretty good.

0:31:12.720 --> 0:31:15.680
<v Speaker 4>Yeah, but we have another indicator from Costco. Let's put

0:31:15.680 --> 0:31:19.080
<v Speaker 4>this up on the screen. This is uh, the Costco

0:31:19.480 --> 0:31:24.440
<v Speaker 4>CFO who is saying that members are basically switching from

0:31:24.480 --> 0:31:26.200
<v Speaker 4>beef to chicken. Actually, I'm just gonna read this whole

0:31:26.240 --> 0:31:28.640
<v Speaker 4>quote cause it's very interesting, by the way, not just

0:31:28.680 --> 0:31:31.800
<v Speaker 4>in this current quote. Recession or concern for recession. He said, Historically,

0:31:31.840 --> 0:31:34.560
<v Speaker 4>we've always seen some like within fresh protein. We've always

0:31:34.560 --> 0:31:36.520
<v Speaker 4>seen when there's a recession, whether it was ninety nine,

0:31:36.520 --> 0:31:39.920
<v Speaker 4>two thousand and nine, eight, nine, ten, we would see

0:31:39.920 --> 0:31:43.040
<v Speaker 4>some sales penetration shift from beef to poultry and pork.

0:31:43.320 --> 0:31:45.800
<v Speaker 4>We have seen some of that now, I think anecdotally.

0:31:45.840 --> 0:31:47.560
<v Speaker 4>I heard a few months ago from our head of

0:31:47.600 --> 0:31:50.280
<v Speaker 4>food and Sundrys buyer that we saw some switch even

0:31:50.320 --> 0:31:53.239
<v Speaker 4>from some to some canned products like canned chicken and

0:31:53.280 --> 0:31:57.840
<v Speaker 4>can tuna and things like that. So again just to emphasize,

0:31:57.880 --> 0:31:59.920
<v Speaker 4>this is really the tip of the iceberg in terms

0:31:59.920 --> 0:32:02.880
<v Speaker 4>of price inflation that we're likely to see if the

0:32:02.920 --> 0:32:06.240
<v Speaker 4>war were to end today hypothetically that a lot of

0:32:06.240 --> 0:32:09.080
<v Speaker 4>these prices would still be spiking for the months ahead.

0:32:09.240 --> 0:32:12.240
<v Speaker 4>And there's already what feels like. I mean, we had

0:32:12.320 --> 0:32:15.360
<v Speaker 4>a right hitchopra on last week, formerhead of the CFPB

0:32:15.480 --> 0:32:18.640
<v Speaker 4>Crystal to talk about the circular funding in a lot

0:32:18.640 --> 0:32:22.520
<v Speaker 4>of AI companies, actually just in AI in general, the

0:32:22.640 --> 0:32:25.000
<v Speaker 4>entire structure, which is now like thirty percent of the

0:32:25.080 --> 0:32:27.200
<v Speaker 4>S and P five hundred is the mag seven companies,

0:32:27.200 --> 0:32:30.400
<v Speaker 4>which is actually really horrifying because if you have investments

0:32:30.400 --> 0:32:33.160
<v Speaker 4>from Nvidia to Microsoft and the Microsoft in Nvidia and

0:32:33.240 --> 0:32:37.200
<v Speaker 4>that sort of thing, and they're not anticipating a particular

0:32:37.240 --> 0:32:39.160
<v Speaker 4>shift in the market, or they just haven't they don't

0:32:39.160 --> 0:32:41.479
<v Speaker 4>have it as a high likelihood, they haven't priced it

0:32:41.480 --> 0:32:45.480
<v Speaker 4>in exactly as they probably should be doing, and everything

0:32:45.720 --> 0:32:49.920
<v Speaker 4>starts dissolving in front of us. What could happen economically,

0:32:49.960 --> 0:32:53.320
<v Speaker 4>what could happen culturally? We are not prepared for what

0:32:53.320 --> 0:32:55.640
<v Speaker 4>we could be seeing in the next six months, year,

0:32:55.840 --> 0:33:00.000
<v Speaker 4>two years, just right on the cusp of something potentially catastrope.

0:33:00.480 --> 0:33:02.200
<v Speaker 4>I think at least, I mean, I hope that's not

0:33:02.240 --> 0:33:04.680
<v Speaker 4>the case. But also all of this is going to

0:33:04.720 --> 0:33:08.000
<v Speaker 4>amount to more and more spending from the US government,

0:33:08.040 --> 0:33:09.720
<v Speaker 4>which I think a lot of people on the right

0:33:09.880 --> 0:33:12.240
<v Speaker 4>were correct to point to. I mean, yes, you have

0:33:12.280 --> 0:33:15.520
<v Speaker 4>gre inflation that's absolutely already taking place, there's no question

0:33:15.560 --> 0:33:17.800
<v Speaker 4>about it. You see it sometimes in the earnings calls

0:33:17.840 --> 0:33:21.600
<v Speaker 4>showing up. But also the government spending is going to

0:33:21.680 --> 0:33:26.240
<v Speaker 4>cause average people who now are losing jobs because of

0:33:26.280 --> 0:33:27.440
<v Speaker 4>the AI boom.

0:33:27.920 --> 0:33:29.560
<v Speaker 1>To spend more.

0:33:29.760 --> 0:33:31.920
<v Speaker 4>Think prices are going to go up like that's how

0:33:31.960 --> 0:33:35.440
<v Speaker 4>this works. And so it's just a complete mess, a

0:33:35.480 --> 0:33:38.480
<v Speaker 4>complete mess from the administration that was elected on a

0:33:38.520 --> 0:33:42.760
<v Speaker 4>pledge to stop inflation, to bring inflation or to halt

0:33:42.960 --> 0:33:45.600
<v Speaker 4>the growth at least of inflation, and is now back

0:33:45.720 --> 0:33:50.440
<v Speaker 4>up to about the inflation level month about the monthly

0:33:50.480 --> 0:33:54.400
<v Speaker 4>inflation level as when Prompt took office. It's around three

0:33:54.440 --> 0:33:56.840
<v Speaker 4>percent in January of twenty twenty five.

0:33:57.440 --> 0:34:01.760
<v Speaker 5>So any improvement that was made has been effectively.

0:34:01.280 --> 0:34:02.040
<v Speaker 1>Tax cuts too.

0:34:02.160 --> 0:34:04.719
<v Speaker 4>We've said, have you seen the calculations that what average

0:34:04.720 --> 0:34:07.000
<v Speaker 4>people are coming are getting from their tax cuts has

0:34:07.040 --> 0:34:08.759
<v Speaker 4>been erased by gas pricing increases.

0:34:08.920 --> 0:34:10.799
<v Speaker 2>Yeah, well, and I learned from you that they were

0:34:10.800 --> 0:34:14.120
<v Speaker 2>really betting hard on everything's going to turn around for us.

0:34:14.160 --> 0:34:17.280
<v Speaker 2>Once people see their tax bill and getting their tax breaks,

0:34:17.280 --> 0:34:18.560
<v Speaker 2>then that's going to save us.

0:34:18.600 --> 0:34:20.200
<v Speaker 5>And guess what urdis.

0:34:20.320 --> 0:34:22.560
<v Speaker 2>May people know what they're getting in terms of their

0:34:22.560 --> 0:34:25.480
<v Speaker 2>refund and they're not feeling the love here, They're not

0:34:25.480 --> 0:34:27.840
<v Speaker 2>feeling like this is going great and whatsoever.

0:34:28.160 --> 0:34:31.560
<v Speaker 5>Yeah, zooming out. It's just a very volatile mix.

0:34:31.840 --> 0:34:36.160
<v Speaker 2>You've got this AI backlash both of the ground level

0:34:36.160 --> 0:34:39.120
<v Speaker 2>in terms of data centers. You've got deep concerns about

0:34:39.160 --> 0:34:43.400
<v Speaker 2>the way they want to replace labor if this technology

0:34:43.480 --> 0:34:45.880
<v Speaker 2>is anything like what they say, even if in the

0:34:45.960 --> 0:34:50.120
<v Speaker 2>long term the most hopeful optimistic projections, which I don't believe,

0:34:50.160 --> 0:34:52.279
<v Speaker 2>but let's give it to them that over the long

0:34:52.400 --> 0:34:54.960
<v Speaker 2>term it's going to cause more job creation than it

0:34:55.000 --> 0:34:58.640
<v Speaker 2>is job loss in the immediate to medium term.

0:34:59.040 --> 0:35:00.760
<v Speaker 5>Like go look at the destrial Revolution.

0:35:00.880 --> 0:35:04.359
<v Speaker 2>How long it took for in the developed world, right

0:35:04.400 --> 0:35:07.160
<v Speaker 2>in the places that really ended up being beneficiaries of

0:35:07.200 --> 0:35:11.640
<v Speaker 2>the industrial Revolution. It took over one hundred years for

0:35:11.840 --> 0:35:14.319
<v Speaker 2>all of that to ripple through the economy. It's not

0:35:14.360 --> 0:35:16.880
<v Speaker 2>like you just flip a switch. It's going to be

0:35:17.360 --> 0:35:21.839
<v Speaker 2>extremely disruptive and extremely painful if anything approaching what they

0:35:21.920 --> 0:35:25.160
<v Speaker 2>promised comes true. And if it doesn't come true, then

0:35:25.160 --> 0:35:27.719
<v Speaker 2>you've got the biggest bubble probably in human history that's

0:35:27.760 --> 0:35:29.960
<v Speaker 2>been inflated here. I mean, the amount of money that's

0:35:30.000 --> 0:35:33.960
<v Speaker 2>being spent on these data centers is utterly, utterly insane.

0:35:34.560 --> 0:35:38.759
<v Speaker 2>So you've got that. You have in addition to the

0:35:38.880 --> 0:35:41.839
<v Speaker 2>labor displacement. Obviously, that is going to lead to a

0:35:42.000 --> 0:35:47.799
<v Speaker 2>further spiraling of vast inequality, again of the worst that

0:35:47.800 --> 0:35:51.160
<v Speaker 2>we've probably ever seen in human history. You have an

0:35:51.200 --> 0:35:56.040
<v Speaker 2>extraordinarily volatile political climate and an empire here that is

0:35:56.040 --> 0:35:59.080
<v Speaker 2>coming unglued, and that part of why it's coming unglued

0:35:59.120 --> 0:36:02.840
<v Speaker 2>at this point is because of this disastrous war that

0:36:02.920 --> 0:36:06.480
<v Speaker 2>the population did not want, does not want, that has

0:36:06.560 --> 0:36:11.120
<v Speaker 2>now been decisively lost from a strategic perspective, and it's

0:36:11.280 --> 0:36:15.520
<v Speaker 2>imposing massive daily costs on the American people. I mean,

0:36:15.600 --> 0:36:18.000
<v Speaker 2>it's a pressure cooker, Emily, that's the only way you

0:36:18.000 --> 0:36:20.279
<v Speaker 2>could put it. It is an absolute pressure cooker. And

0:36:20.280 --> 0:36:23.320
<v Speaker 2>obviously we talked to Professor Pape every week here because

0:36:23.320 --> 0:36:25.960
<v Speaker 2>we've found his insights on the escalation trap very valuable.

0:36:26.080 --> 0:36:28.120
<v Speaker 2>He's also writing a book on.

0:36:28.440 --> 0:36:31.400
<v Speaker 5>The likelihood of political violence, and we need to have

0:36:31.440 --> 0:36:33.759
<v Speaker 5>a conversation with him about that as well, because he's

0:36:33.800 --> 0:36:36.920
<v Speaker 5>deeply concerned about the confluence of some of these events

0:36:37.200 --> 0:36:40.000
<v Speaker 5>and the way that they contribute to a rising trend

0:36:40.000 --> 0:36:40.840
<v Speaker 5>of political violence.

0:36:40.960 --> 0:36:42.719
<v Speaker 4>I think I mentioned this last week, but my final

0:36:42.800 --> 0:36:47.440
<v Speaker 4>thought here is Rod Dreer has he's an orthodox Christian conservative,

0:36:47.520 --> 0:36:51.000
<v Speaker 4>has been working on a book about Wymar America, sort

0:36:51.040 --> 0:36:55.759
<v Speaker 4>of drawing out parallels between Wymar Germany and what we're

0:36:55.760 --> 0:36:59.439
<v Speaker 4>seeing in America right now, just any cultural indicators, looking

0:36:59.480 --> 0:37:01.560
<v Speaker 4>at some of that, and economic indicators and looking at

0:37:01.560 --> 0:37:03.200
<v Speaker 4>that stuff. And he finished it a couple of weeks

0:37:03.200 --> 0:37:06.080
<v Speaker 4>ago and said in his newsletter on Substack basically that

0:37:06.440 --> 0:37:09.840
<v Speaker 4>he believes the one thing that would really be the

0:37:09.880 --> 0:37:12.680
<v Speaker 4>tipping point from America as we know it today to

0:37:12.760 --> 0:37:16.799
<v Speaker 4>something much much darker, including more political violence, would be

0:37:16.960 --> 0:37:20.480
<v Speaker 4>an economic crisis. And Chris, I feel like people's sense

0:37:20.560 --> 0:37:22.719
<v Speaker 4>that I don't think it's you have to write a

0:37:22.760 --> 0:37:24.759
<v Speaker 4>manuscript on this, and I'm not saying, of course, you're

0:37:24.800 --> 0:37:29.000
<v Speaker 4>not making the cliched apples to apples parallel between war

0:37:29.040 --> 0:37:31.560
<v Speaker 4>more Germany itself and what came after in America and

0:37:31.560 --> 0:37:35.000
<v Speaker 4>what might come after. But obviously, when you have economies,

0:37:35.040 --> 0:37:38.759
<v Speaker 4>as you just laid out, with this level of instability

0:37:38.880 --> 0:37:42.320
<v Speaker 4>and pricarity, you could go to some dark places really, really,

0:37:42.360 --> 0:37:43.040
<v Speaker 4>really quickly.

0:37:45.920 --> 0:37:48.320
<v Speaker 2>So, as you guys likely know, there was a ballot

0:37:48.360 --> 0:37:51.920
<v Speaker 2>referendum here in Virginia to where voters went to the

0:37:51.920 --> 0:37:55.040
<v Speaker 2>polls and voted on whether or not they wanted the

0:37:55.200 --> 0:37:58.759
<v Speaker 2>maps here to be redrawn. This was a response to

0:37:59.239 --> 0:38:03.799
<v Speaker 2>Trump's push to do these mid decade redistricting so that

0:38:03.840 --> 0:38:07.120
<v Speaker 2>Republicans could gain a partisan advantage. You at Texas really

0:38:07.200 --> 0:38:07.880
<v Speaker 2>kicked this off.

0:38:07.920 --> 0:38:09.239
<v Speaker 5>They redrew their map.

0:38:09.320 --> 0:38:12.160
<v Speaker 2>Their map has basically been validated at this point. You've

0:38:12.160 --> 0:38:15.120
<v Speaker 2>had other Republican states that have followed suit. You also

0:38:15.280 --> 0:38:17.920
<v Speaker 2>just had the Supreme Court striking down aspects of the

0:38:18.000 --> 0:38:21.320
<v Speaker 2>Voting Rights Act that are going to enable Southern states,

0:38:21.320 --> 0:38:25.200
<v Speaker 2>in particular, to eliminate those majority black districts and wipe

0:38:25.200 --> 0:38:30.120
<v Speaker 2>out many of the Democrats that represent the Deep South.

0:38:30.560 --> 0:38:33.000
<v Speaker 2>So that's the landscape in the context in which Virginia

0:38:33.080 --> 0:38:35.960
<v Speaker 2>voters go to the polls and they say, yes, we

0:38:36.000 --> 0:38:38.359
<v Speaker 2>are going to two can play this game. We are

0:38:38.360 --> 0:38:42.080
<v Speaker 2>going to also redraw our maps so that Virginia would

0:38:42.120 --> 0:38:44.040
<v Speaker 2>become I think it was eleven to one, where you'd

0:38:44.080 --> 0:38:49.160
<v Speaker 2>likely have one Republican representative and eleven Democratic representatives. So

0:38:49.920 --> 0:38:52.759
<v Speaker 2>this was working its way through the court system, and

0:38:52.800 --> 0:38:55.719
<v Speaker 2>you just had the Virginia Supreme Court again. After all

0:38:55.760 --> 0:38:57.520
<v Speaker 2>these millions of people voted and said yes, we want

0:38:57.520 --> 0:38:59.279
<v Speaker 2>to do this, the Virginia Supreme Court come in and

0:38:59.280 --> 0:39:04.319
<v Speaker 2>say no, we believe that this ballot referendum violated some

0:39:04.560 --> 0:39:08.200
<v Speaker 2>procedures that were required in the original passage of a

0:39:08.280 --> 0:39:11.960
<v Speaker 2>constitutional amendment that required this whole process. There's a reason

0:39:11.960 --> 0:39:15.319
<v Speaker 2>why Virginians had to go to the ballot versus in

0:39:15.360 --> 0:39:17.880
<v Speaker 2>other states where the legislature could just go in and

0:39:17.920 --> 0:39:20.839
<v Speaker 2>redraw the maps. There was a procedure laid down in

0:39:20.960 --> 0:39:24.120
<v Speaker 2>Virginia based on a constitutional amendment. In the Supreme Court

0:39:24.200 --> 0:39:28.960
<v Speaker 2>here said that you violated the process. Not to get

0:39:28.960 --> 0:39:31.239
<v Speaker 2>too much in the weeds here, but basically the deal

0:39:31.400 --> 0:39:33.759
<v Speaker 2>was you had to have voted on this before the

0:39:33.800 --> 0:39:37.400
<v Speaker 2>next election starts. And they're saying that since early voting

0:39:37.440 --> 0:39:40.560
<v Speaker 2>has started that you were too late, that you couldn't

0:39:40.600 --> 0:39:44.799
<v Speaker 2>do this, that this wasn't proper. So obviously, Emily Democrats

0:39:44.840 --> 0:39:50.080
<v Speaker 2>are furious, absolutely furious, and really quite beside themselves because

0:39:50.120 --> 0:39:53.040
<v Speaker 2>they're looking around the country at all these other states

0:39:53.080 --> 0:39:56.280
<v Speaker 2>that are redrawing their maps to gain a partisan advantage

0:39:56.320 --> 0:40:00.320
<v Speaker 2>for Republicans. California has been able to do a version

0:40:00.360 --> 0:40:02.799
<v Speaker 2>of this, although actually not the most maximis version. They

0:40:02.840 --> 0:40:04.359
<v Speaker 2>may still go back to the drawing board and make

0:40:04.360 --> 0:40:06.480
<v Speaker 2>it even more maximals, but California has been able to

0:40:06.760 --> 0:40:10.120
<v Speaker 2>it appears like redraw their maps. But when Virginia Democrats

0:40:10.120 --> 0:40:11.719
<v Speaker 2>come and say, okay, we're going to do this too,

0:40:12.160 --> 0:40:14.360
<v Speaker 2>then the courts step in, Oh no, no, no, you can't,

0:40:14.440 --> 0:40:16.480
<v Speaker 2>you can't, and again coming right on the heels of

0:40:16.480 --> 0:40:19.279
<v Speaker 2>this Voting Rights Act decision as well. I think it

0:40:19.320 --> 0:40:23.680
<v Speaker 2>was particularly enraging. So the question now is whether Democrats

0:40:23.719 --> 0:40:26.719
<v Speaker 2>are going to just accept this and say, all right, well,

0:40:26.719 --> 0:40:28.799
<v Speaker 2>I guess the Republicans get to redraw their maps, but

0:40:28.880 --> 0:40:31.479
<v Speaker 2>we don't, or if they're going to try to take

0:40:31.680 --> 0:40:35.399
<v Speaker 2>some more extreme measures. And The New York Times has

0:40:35.400 --> 0:40:38.960
<v Speaker 2>a report that in the case, there is some brainstorming

0:40:39.040 --> 0:40:42.080
<v Speaker 2>about what could be done here the headline, and this

0:40:42.160 --> 0:40:44.440
<v Speaker 2>is this is significant reporting. Is the headline from the

0:40:44.480 --> 0:40:48.440
<v Speaker 2>New York Times. The private call reveals Democrats desperation over

0:40:48.520 --> 0:40:53.160
<v Speaker 2>tossing of maps, and so what they are considering is

0:40:54.160 --> 0:40:59.600
<v Speaker 2>a couple step process where effectively they would lower the

0:40:59.719 --> 0:41:03.600
<v Speaker 2>retire hirement age for Supreme Court justices I think down

0:41:03.640 --> 0:41:07.680
<v Speaker 2>to the mid fifties. That would kick the entire seven

0:41:08.480 --> 0:41:11.399
<v Speaker 2>justice court out, like everybody would be tossed out because

0:41:11.400 --> 0:41:13.839
<v Speaker 2>they're all older than that. And then you would put

0:41:13.880 --> 0:41:18.239
<v Speaker 2>in justices that you believe will be supportive of your

0:41:18.400 --> 0:41:22.200
<v Speaker 2>view of the world. And then they would go back

0:41:22.239 --> 0:41:27.400
<v Speaker 2>in with a case challenging the original Constitution amendment that

0:41:27.520 --> 0:41:31.160
<v Speaker 2>required this whole process to begin with, so that then

0:41:31.200 --> 0:41:33.560
<v Speaker 2>the legislature, which is dominated by Democrats at this point,

0:41:33.560 --> 0:41:36.000
<v Speaker 2>could just redraw the mass without having to go to

0:41:36.040 --> 0:41:39.600
<v Speaker 2>the voters. So that is what they're contemplating. Obviously, this

0:41:39.680 --> 0:41:43.480
<v Speaker 2>would be, especially for Democrats, a relatively radical move to

0:41:43.680 --> 0:41:46.200
<v Speaker 2>change the retirement age and toss out all of Supreme

0:41:46.239 --> 0:41:48.960
<v Speaker 2>Court justices so that you could put your people on

0:41:49.000 --> 0:41:52.080
<v Speaker 2>the bench. But they point to something very similar that

0:41:52.160 --> 0:41:57.480
<v Speaker 2>just happened in Utah, where their Supreme Court also tossed

0:41:57.480 --> 0:42:01.919
<v Speaker 2>out a pro Republican Jerrymann in that state, and they

0:42:01.960 --> 0:42:05.000
<v Speaker 2>decided to move forward with packing the court in Utah

0:42:05.120 --> 0:42:07.279
<v Speaker 2>so that they could get ultimately what they want. And

0:42:07.280 --> 0:42:09.239
<v Speaker 2>there were some other examples of Republican states in the

0:42:09.280 --> 0:42:12.200
<v Speaker 2>past you have done similar things. So these are the lines,

0:42:12.200 --> 0:42:14.880
<v Speaker 2>Emily that Democrats are thinking along. I'm curious for your thoughts.

0:42:15.239 --> 0:42:18.200
<v Speaker 4>Well, the Indiana results last week are really relevant here

0:42:18.239 --> 0:42:22.480
<v Speaker 4>because what happened in that case is Republican voters, I mean,

0:42:23.400 --> 0:42:25.440
<v Speaker 4>some people were very irked by the fact that you

0:42:25.520 --> 0:42:28.880
<v Speaker 4>had around ten million dollars I've seen eight million dollars estimate,

0:42:28.880 --> 0:42:32.799
<v Speaker 4>twelve million dollars estimate come into these state races in

0:42:32.800 --> 0:42:37.080
<v Speaker 4>Indiana from national magat groups and try to oust as

0:42:37.080 --> 0:42:40.400
<v Speaker 4>many people as possible who wouldn't go along with the

0:42:40.520 --> 0:42:44.759
<v Speaker 4>Trump redistricting plan. And Indiana voters, Republican voters look around

0:42:44.800 --> 0:42:47.839
<v Speaker 4>and they say, we don't want to unilaterally disarm now

0:42:47.880 --> 0:42:50.239
<v Speaker 4>that this has become like an arms race to see

0:42:50.239 --> 0:42:53.360
<v Speaker 4>who can out Jerrymann er the other side, which is

0:42:53.400 --> 0:42:56.560
<v Speaker 4>exactly what Democrats in Virginia are saying now too, which

0:42:56.600 --> 0:42:59.040
<v Speaker 4>is don't just what did you say at the beginning

0:42:59.080 --> 0:43:00.239
<v Speaker 4>of this show in.

0:43:00.200 --> 0:43:03.239
<v Speaker 1>A chalk outline. Uh, lay in your talk, Yeah, lay

0:43:03.239 --> 0:43:05.399
<v Speaker 1>in the chalk outline of yourself. Don't do that.

0:43:05.880 --> 0:43:11.479
<v Speaker 4>And it's the pressure cooker is getting to a wild point.

0:43:11.520 --> 0:43:14.279
<v Speaker 4>I don't know that anybody, I mean, you could have

0:43:14.320 --> 0:43:16.800
<v Speaker 4>seen this coming as soon as Texas and California happened,

0:43:16.800 --> 0:43:18.840
<v Speaker 4>but I don't know if anybody was like fully prepared

0:43:18.880 --> 0:43:20.520
<v Speaker 4>for what it was going to look like, Like, what is

0:43:20.560 --> 0:43:20.879
<v Speaker 4>the joke?

0:43:20.960 --> 0:43:22.680
<v Speaker 1>Did you think it? What did you think jerry mandering

0:43:22.840 --> 0:43:28.160
<v Speaker 1>was just Vibes essays, No, it's it's this, And Indiana

0:43:28.239 --> 0:43:31.680
<v Speaker 1>Republicans said, uh, listen, it's not that you know, we're

0:43:31.840 --> 0:43:33.279
<v Speaker 1>we need you to like bow to.

0:43:33.280 --> 0:43:38.200
<v Speaker 4>Donald Trump, but we're pissed because we know what's going

0:43:38.239 --> 0:43:41.799
<v Speaker 4>to happen in other states now that Democrats have said.

0:43:42.040 --> 0:43:43.080
<v Speaker 1>We're going for it too.

0:43:43.600 --> 0:43:46.520
<v Speaker 4>Obviously, jerry mandering goes back many, many years, and you

0:43:46.520 --> 0:43:48.400
<v Speaker 4>know there are dem states that have been jerrymannered, Republican

0:43:48.480 --> 0:43:51.000
<v Speaker 4>states that have been jerry mandered. This current wave obviously

0:43:51.080 --> 0:43:53.960
<v Speaker 4>really started with Texas, and so as soon as Gavin

0:43:54.000 --> 0:43:58.200
<v Speaker 4>Newsom took that bait, it was spreading nationwide, and Indiana

0:43:58.239 --> 0:44:01.200
<v Speaker 4>Republicans said, well, you know, you can't just you can't

0:44:01.200 --> 0:44:04.440
<v Speaker 4>just say, in principle, we're not doing this anymore, because

0:44:04.480 --> 0:44:06.400
<v Speaker 4>the principle has already been tossed out the window. You

0:44:06.440 --> 0:44:08.480
<v Speaker 4>have to live in the here and now, and Crystal,

0:44:08.520 --> 0:44:11.520
<v Speaker 4>it's interesting because that sounds like it's exactly how Virginia

0:44:11.560 --> 0:44:12.879
<v Speaker 4>Democrats are reacting too.

0:44:13.280 --> 0:44:14.680
<v Speaker 1>And you said you didn't want to get too much

0:44:14.719 --> 0:44:15.920
<v Speaker 1>in the weeds. But I am curious.

0:44:16.560 --> 0:44:21.040
<v Speaker 4>I've heard some analyses that say Virginia Democrats were like,

0:44:21.719 --> 0:44:24.960
<v Speaker 4>maybe probably should have been prepared for this potential outcome.

0:44:25.000 --> 0:44:26.600
<v Speaker 4>And I have no idea whether or not that's true,

0:44:26.600 --> 0:44:29.239
<v Speaker 4>but that it was rushed and sloppy.

0:44:29.440 --> 0:44:32.640
<v Speaker 1>Is there anything to that? Is that part of this?

0:44:33.560 --> 0:44:35.960
<v Speaker 2>I to be honest with you. I mean, obviously they

0:44:36.000 --> 0:44:39.319
<v Speaker 2>should have foreseen it. Since this did happen there, it

0:44:39.360 --> 0:44:42.400
<v Speaker 2>was very the attitude was very dismissive towards the idea

0:44:42.480 --> 0:44:44.440
<v Speaker 2>that the Supreme Court would overturn this.

0:44:44.600 --> 0:44:46.040
<v Speaker 5>And you know, it was a four to three decision.

0:44:46.080 --> 0:44:47.200
<v Speaker 5>It was closely decided.

0:44:47.280 --> 0:44:50.239
<v Speaker 2>Obviously the three dissenting justices felt very strongly in the

0:44:50.239 --> 0:44:54.000
<v Speaker 2>opposite direction, but there was a sense of we've got

0:44:54.040 --> 0:44:56.360
<v Speaker 2>to go for this. This is what the base wants.

0:44:58.200 --> 0:44:59.680
<v Speaker 2>But I think it also there was a bit of

0:44:59.719 --> 0:45:02.680
<v Speaker 2>a ha measure here because you didn't deal with the

0:45:02.719 --> 0:45:06.960
<v Speaker 2>partisan makeup of the court before you went in and

0:45:07.360 --> 0:45:10.960
<v Speaker 2>tried to redraw the maps. So in that sense, I

0:45:11.040 --> 0:45:13.240
<v Speaker 2>think you could say perhaps there was a lack of planning.

0:45:13.640 --> 0:45:19.120
<v Speaker 2>And look, I find it really outrageous, quite frankly, that

0:45:19.160 --> 0:45:22.839
<v Speaker 2>we had tens of millions of dollars spent on this thing,

0:45:23.480 --> 0:45:25.840
<v Speaker 2>and everybody going out going into the post, millions of

0:45:25.840 --> 0:45:29.720
<v Speaker 2>people voting, and then after the fact, after everybody's voted,

0:45:29.800 --> 0:45:31.880
<v Speaker 2>and by the way, after the court sees what the

0:45:31.920 --> 0:45:34.200
<v Speaker 2>results of that vote are, that they come in and

0:45:34.400 --> 0:45:36.680
<v Speaker 2>well know where you're not allowed to do that. And

0:45:36.680 --> 0:45:40.640
<v Speaker 2>that is the sort of thing that will absolutely enrage

0:45:40.719 --> 0:45:43.239
<v Speaker 2>and radicalize people. And I feel that, I mean it,

0:45:43.640 --> 0:45:45.799
<v Speaker 2>it is outrageous. You have all these other states, just

0:45:45.840 --> 0:45:48.800
<v Speaker 2>thinking of from a fairness perspective, all these other states.

0:45:48.840 --> 0:45:51.520
<v Speaker 2>Texas can just go in and rewrite their maps, no problem.

0:45:51.520 --> 0:45:53.440
<v Speaker 2>You've got Florida just came and they're going to rewrite

0:45:53.440 --> 0:45:57.000
<v Speaker 2>their maps. But Virginia and no input from the voters.

0:45:57.280 --> 0:46:01.000
<v Speaker 2>But Virginia, you actually get input from voters in a

0:46:01.080 --> 0:46:04.280
<v Speaker 2>pretty large turnout election for like this weird special election

0:46:05.000 --> 0:46:09.080
<v Speaker 2>and that gets thrown out as unacceptable. You could see

0:46:09.080 --> 0:46:12.040
<v Speaker 2>how that is extremely extremely frustrating for people. Let me

0:46:12.040 --> 0:46:14.680
<v Speaker 2>put C five up on the screen. There was a

0:46:14.760 --> 0:46:19.239
<v Speaker 2>sense when the Virginia maps passed, in this brief moment

0:46:19.320 --> 0:46:23.200
<v Speaker 2>in time, when the Virginia maps had passed and you

0:46:23.280 --> 0:46:25.239
<v Speaker 2>had not yet had the Supreme Court decision on the

0:46:25.320 --> 0:46:28.360
<v Speaker 2>Voting Rights Act, where people are feeling like, Okay, Democrats,

0:46:28.520 --> 0:46:31.200
<v Speaker 2>they may not come out on top in the redistricting battles,

0:46:31.239 --> 0:46:33.319
<v Speaker 2>but they're going to maybe at least be able to

0:46:33.400 --> 0:46:35.319
<v Speaker 2>get it to a draw. You can see in this

0:46:35.520 --> 0:46:38.160
<v Speaker 2>map that that is just nowhere near the case at

0:46:38.160 --> 0:46:40.960
<v Speaker 2>this point. All of the red states and red here

0:46:41.040 --> 0:46:43.960
<v Speaker 2>are ones where Republicans are going to be able to

0:46:44.080 --> 0:46:47.439
<v Speaker 2>add one to you know, to like three or four

0:46:47.880 --> 0:46:53.040
<v Speaker 2>seats to their you know, based on their gerrymanders. Virginia's

0:46:53.040 --> 0:46:55.880
<v Speaker 2>in yellow because it's been tossed down, so obviously no

0:46:55.960 --> 0:46:58.680
<v Speaker 2>seats are going to change there outside of being able

0:46:58.680 --> 0:47:00.759
<v Speaker 2>to win some seats, which I think is possible just

0:47:01.440 --> 0:47:02.920
<v Speaker 2>with the maps as they exist.

0:47:03.239 --> 0:47:04.560
<v Speaker 5>California and one.

0:47:04.360 --> 0:47:07.600
<v Speaker 2>Seat in Utah are the only places where Democrats have

0:47:07.680 --> 0:47:09.560
<v Speaker 2>made up ground, and I'm not sure if that Utah

0:47:09.600 --> 0:47:12.040
<v Speaker 2>one is going to hold because of the court packing

0:47:12.080 --> 0:47:13.640
<v Speaker 2>that they're engaged in there. I'm not sure what the

0:47:13.680 --> 0:47:16.200
<v Speaker 2>timeline is in terms of whether they'll be able to

0:47:16.239 --> 0:47:19.720
<v Speaker 2>reverse that map that was drawn there. But in any case,

0:47:19.880 --> 0:47:24.120
<v Speaker 2>you know, Republicans now are just romping in the mid district,

0:47:24.239 --> 0:47:30.279
<v Speaker 2>mid mid decade redistricting wars. It's not even close. And

0:47:30.360 --> 0:47:33.680
<v Speaker 2>so you know, when you look at Donald Trump, extremely

0:47:33.800 --> 0:47:38.600
<v Speaker 2>unpopular Republicans in every single special election taking on water,

0:47:39.040 --> 0:47:41.880
<v Speaker 2>losing seats that you never thought that they would lose,

0:47:42.560 --> 0:47:45.560
<v Speaker 2>and then you see the way that these rules are

0:47:45.560 --> 0:47:49.760
<v Speaker 2>being changed in a mostly one sided direction to block

0:47:49.800 --> 0:47:52.000
<v Speaker 2>the will of the people. Yeah, I think it's a

0:47:52.160 --> 0:47:56.040
<v Speaker 2>very radicalizing thing. And we can put Hassan's tweet up here.

0:47:56.040 --> 0:47:59.520
<v Speaker 2>He's sort of channeling that energy. Quoting JFK. I think

0:48:00.040 --> 0:48:02.880
<v Speaker 2>in a way that maybe, especially because of who Hassan is,

0:48:02.880 --> 0:48:07.960
<v Speaker 2>this is C two guys, was perhaps intentionally provocative, especially

0:48:07.960 --> 0:48:10.640
<v Speaker 2>because he didn't put the quote in quotes, so people

0:48:10.719 --> 0:48:13.920
<v Speaker 2>who don't know any history thought maybe he said this himself. Anyway,

0:48:14.120 --> 0:48:16.640
<v Speaker 2>Hassan says the Virginia Supreme Court deny the results of

0:48:16.640 --> 0:48:19.800
<v Speaker 2>the redistricting referendum, Scotus gutted the Voting Rights Act, and

0:48:19.840 --> 0:48:22.919
<v Speaker 2>Tennessee carved up the last m districts black voter power

0:48:22.960 --> 0:48:26.480
<v Speaker 2>in the state. Those who make peaceful revolution impossible make

0:48:26.640 --> 0:48:31.560
<v Speaker 2>violent revolution inevitable, which again is a JFK quote, and

0:48:31.640 --> 0:48:35.000
<v Speaker 2>as an analysis of where we are of reality, I

0:48:35.040 --> 0:48:38.359
<v Speaker 2>don't think you can deny that, Eily. Again, I think

0:48:38.360 --> 0:48:40.920
<v Speaker 2>we already see the stirrings of that. I think when

0:48:40.960 --> 0:48:45.080
<v Speaker 2>you see Luigimanngioni being treated like a hero, at least

0:48:45.120 --> 0:48:47.640
<v Speaker 2>a lot of very normal people going, well, I don't

0:48:47.680 --> 0:48:50.040
<v Speaker 2>like it, but I kind of get it when you see,

0:48:51.360 --> 0:48:55.400
<v Speaker 2>you know, the level of fury and the backlash against

0:48:55.440 --> 0:48:57.920
<v Speaker 2>Trump with very little outlet to be able to have

0:48:58.000 --> 0:49:01.200
<v Speaker 2>the will of the people actually express. Yeah, you're going

0:49:01.239 --> 0:49:04.520
<v Speaker 2>to have people begin to do crazy things because they

0:49:04.560 --> 0:49:07.800
<v Speaker 2>don't have a peaceful means to be able to change

0:49:07.920 --> 0:49:10.240
<v Speaker 2>reality in their supposedly democratic country.

0:49:10.480 --> 0:49:10.680
<v Speaker 1>Yeah.

0:49:10.680 --> 0:49:14.640
<v Speaker 4>I mean, it's a totally anodyne, accurate, eloquent quote. Actually,

0:49:14.719 --> 0:49:17.960
<v Speaker 4>so it's perfectly applicable in the situation. It's probably You're

0:49:18.000 --> 0:49:21.200
<v Speaker 4>probably right, coming from Hassan and the capitalist blood in

0:49:21.320 --> 0:49:23.719
<v Speaker 4>the streets quote in the past, people like connect the

0:49:23.760 --> 0:49:26.520
<v Speaker 4>dots and like, oh, this guy must be calling for

0:49:26.680 --> 0:49:29.600
<v Speaker 4>violent revolution, which is obviously not all is happening in

0:49:29.640 --> 0:49:34.080
<v Speaker 4>that case whatsoever, And Crystal, it's the disconnect between I

0:49:34.080 --> 0:49:36.120
<v Speaker 4>think this is this is real. One of the things

0:49:36.120 --> 0:49:39.200
<v Speaker 4>that you referenced how Professor Robert Pape, who we've had

0:49:39.239 --> 0:49:39.920
<v Speaker 4>on many times to.

0:49:39.840 --> 0:49:40.520
<v Speaker 1>Talk about Iran.

0:49:40.920 --> 0:49:43.360
<v Speaker 4>One of the points he made was in The Daily

0:49:43.440 --> 0:49:45.360
<v Speaker 4>last week, right, he had that interview in the Daily

0:49:45.400 --> 0:49:47.719
<v Speaker 4>about his work. He's currently working on a book he's

0:49:47.719 --> 0:49:51.359
<v Speaker 4>been researching for a long time what he describes as

0:49:51.400 --> 0:49:54.719
<v Speaker 4>quote populist violence, and we could get into that as

0:49:54.760 --> 0:49:58.000
<v Speaker 4>a descriptor, but basically he's saying that you have a

0:49:58.040 --> 0:50:02.880
<v Speaker 4>situation right now where people feel like they are the

0:50:03.120 --> 0:50:06.000
<v Speaker 4>political political class is not listening to them. And if

0:50:06.040 --> 0:50:08.320
<v Speaker 4>you look at polling over time, people do feel like

0:50:08.360 --> 0:50:11.720
<v Speaker 4>they lack agency, They feel more powerless in the political process,

0:50:12.120 --> 0:50:14.400
<v Speaker 4>and that is really dangerous because if you have an

0:50:14.480 --> 0:50:18.760
<v Speaker 4>unpopular war waged by president who said he was elected

0:50:19.280 --> 0:50:22.960
<v Speaker 4>not to get into quote new wars, put all of

0:50:22.960 --> 0:50:25.920
<v Speaker 4>his hawkishness ran aside. That's what a lot of average

0:50:25.920 --> 0:50:28.040
<v Speaker 4>normal Americans heard when he said he didn't want to

0:50:28.040 --> 0:50:30.080
<v Speaker 4>start new wars, that he wouldn't start new wars.

0:50:30.400 --> 0:50:33.000
<v Speaker 1>War is very unpopular. That is unlike George W.

0:50:33.080 --> 0:50:37.000
<v Speaker 4>Bush campaigning cynically shamefully on not nation building and then

0:50:37.080 --> 0:50:40.080
<v Speaker 4>going to nation build because obviously nine to eleven happened

0:50:40.160 --> 0:50:42.879
<v Speaker 4>between point A and point B and that situation which

0:50:43.000 --> 0:50:46.000
<v Speaker 4>changed public support for the war, at least at first.

0:50:46.120 --> 0:50:50.000
<v Speaker 4>So you have that happening, and people from the right,

0:50:50.040 --> 0:50:53.560
<v Speaker 4>I would just say, think about what you felt like

0:50:53.880 --> 0:50:57.360
<v Speaker 4>when President Biden's immigration policy was out of step with

0:50:57.400 --> 0:50:58.680
<v Speaker 4>where public opinion was.

0:50:59.440 --> 0:51:01.880
<v Speaker 1>That those things do matter.

0:51:02.280 --> 0:51:05.200
<v Speaker 4>We don't have a direct election for a reason, and

0:51:05.239 --> 0:51:06.759
<v Speaker 4>I think it's for a good reason. I believe in

0:51:06.800 --> 0:51:10.400
<v Speaker 4>the Republican system, we don't have rule by referendum for

0:51:10.440 --> 0:51:12.879
<v Speaker 4>a reason. And you and I could debate how that's

0:51:12.880 --> 0:51:15.759
<v Speaker 4>gone in California, but the point is, you know, yes,

0:51:15.800 --> 0:51:18.120
<v Speaker 4>it's true that you have the cooling saucer of the

0:51:18.120 --> 0:51:21.040
<v Speaker 4>Senate and you have the lowercase our republican process playing

0:51:21.080 --> 0:51:23.759
<v Speaker 4>out in the United States, but you have wild mismatches.

0:51:23.800 --> 0:51:26.000
<v Speaker 4>I mean, we're not just talking about one tough decision

0:51:26.440 --> 0:51:29.120
<v Speaker 4>that the president is making. We're talking about wild mismatches

0:51:29.200 --> 0:51:32.080
<v Speaker 4>across the board between what people say they want and

0:51:32.120 --> 0:51:35.160
<v Speaker 4>what's actually happened happening not only in Washington, but now

0:51:35.160 --> 0:51:38.000
<v Speaker 4>in their state houses too, which is a really really

0:51:38.040 --> 0:51:40.200
<v Speaker 4>bad sign, especially because of the proximity.

0:51:41.080 --> 0:51:44.040
<v Speaker 2>So there's some of this debate been playing out on CNN.

0:51:44.239 --> 0:51:47.279
<v Speaker 2>Kind of a fun exchange here between Scott Jennings and

0:51:47.440 --> 0:51:48.840
<v Speaker 2>a Democratic strategist.

0:51:48.920 --> 0:51:50.399
<v Speaker 5>Let's go ahead and take a list of the seat four.

0:51:50.600 --> 0:51:51.759
<v Speaker 5>Let's listen to a little of this.

0:51:52.360 --> 0:51:56.759
<v Speaker 8>The political map. Like, y'all are cheating, Okay, just accept it. Yeah,

0:51:57.920 --> 0:52:01.240
<v Speaker 8>let me just finish on. You're cheating because you politically

0:52:01.320 --> 0:52:03.319
<v Speaker 8>are not favorable right now, and so this is the

0:52:03.320 --> 0:52:05.359
<v Speaker 8>only way you would actually win the House is by

0:52:05.440 --> 0:52:05.959
<v Speaker 8>drawing maps.

0:52:06.080 --> 0:52:11.000
<v Speaker 1>Partisan redistricting is a fact of life. On the campaign,

0:52:12.680 --> 0:52:13.880
<v Speaker 1>on the campaign.

0:52:13.520 --> 0:52:16.480
<v Speaker 8>Politically, are taking Memphis, which is a city that was

0:52:16.640 --> 0:52:20.279
<v Speaker 8>black voters, and you split it in three stretching three

0:52:20.360 --> 0:52:21.040
<v Speaker 8>thousand miles.

0:52:21.080 --> 0:52:22.640
<v Speaker 9>Who's the current Democrat congressman there?

0:52:22.640 --> 0:52:22.839
<v Speaker 4>What?

0:52:22.840 --> 0:52:23.280
<v Speaker 1>What?

0:52:23.280 --> 0:52:24.000
<v Speaker 7>What is it?

0:52:24.040 --> 0:52:24.920
<v Speaker 5>A black congressman?

0:52:25.120 --> 0:52:26.880
<v Speaker 8>Just because black people are allow the white people that

0:52:26.960 --> 0:52:28.240
<v Speaker 8>don't look like those exactly.

0:52:28.320 --> 0:52:29.920
<v Speaker 9>And that is the point I wanted you to make,

0:52:30.040 --> 0:52:32.600
<v Speaker 9>because just because you're not going to have a black congressman.

0:52:32.640 --> 0:52:34.520
<v Speaker 9>Why is it that a Republican can't do just as

0:52:34.520 --> 0:52:36.520
<v Speaker 9>well representing black voters as a Democrat.

0:52:36.640 --> 0:52:38.520
<v Speaker 1>Why is electing why.

0:52:40.520 --> 0:52:43.799
<v Speaker 8>It does, it doesn't, It doesn't know, just be you're

0:52:43.840 --> 0:52:47.399
<v Speaker 8>making my point. Actually, the assumption is a black people no, no, no.

0:52:47.400 --> 0:52:50.400
<v Speaker 8>The assumption is black people will only elect black people. No,

0:52:50.480 --> 0:52:54.400
<v Speaker 8>black people are smart enough to let me finish black people.

0:52:54.960 --> 0:52:58.319
<v Speaker 8>Black people will elect people who will actually represent them,

0:52:58.320 --> 0:53:00.840
<v Speaker 8>who have their best interest in heart. And what Republicans

0:53:00.920 --> 0:53:03.759
<v Speaker 8>have done in Tennessee is dismantled the power for black

0:53:03.800 --> 0:53:05.960
<v Speaker 8>people to have their voice. They did the same thing

0:53:06.400 --> 0:53:10.480
<v Speaker 8>in Texas because they said they thought Latinos were going

0:53:10.520 --> 0:53:13.759
<v Speaker 8>to swing for Republicans. There are black people that are represented.

0:53:14.560 --> 0:53:17.319
<v Speaker 8>I'm black, and I got a Republican president right now.

0:53:17.719 --> 0:53:20.400
<v Speaker 8>Black people don't elect black people based on race. They

0:53:20.480 --> 0:53:23.960
<v Speaker 8>elect people that are aligned with their moral their beliefs injustice,

0:53:24.040 --> 0:53:26.560
<v Speaker 8>and just took that away from them in Tennessee and

0:53:26.600 --> 0:53:27.240
<v Speaker 8>in other states.

0:53:27.440 --> 0:53:30.680
<v Speaker 9>I just disagree that the only person, the only kind

0:53:30.719 --> 0:53:33.120
<v Speaker 9>of a politician who can elect black people in Congress

0:53:33.400 --> 0:53:34.480
<v Speaker 9>must be a Democrat.

0:53:34.560 --> 0:53:36.400
<v Speaker 1>This is just an artificial That's.

0:53:36.160 --> 0:53:36.919
<v Speaker 8>Not what I'm saying.

0:53:37.000 --> 0:53:38.239
<v Speaker 1>Democratic, That's not what I'm saying.

0:53:38.280 --> 0:53:40.759
<v Speaker 9>Black voters are still fully franchised and go vote for

0:53:40.760 --> 0:53:41.399
<v Speaker 9>who are they want.

0:53:42.520 --> 0:53:45.040
<v Speaker 2>So they're talking there, Emily about Steve Cohen, who is

0:53:45.160 --> 0:53:49.560
<v Speaker 2>the white representative for a majority black district in Tennessee.

0:53:50.040 --> 0:53:53.239
<v Speaker 2>That map has already been redrawn going through the legislature

0:53:53.360 --> 0:53:58.720
<v Speaker 2>in Tennessee of or you know, much protesting and so actually, Ryan,

0:53:58.800 --> 0:54:00.719
<v Speaker 2>I didn't realize this. Ryan told the story on the

0:54:00.719 --> 0:54:04.319
<v Speaker 2>show before that Steve Collen actually tried to try to

0:54:04.440 --> 0:54:07.759
<v Speaker 2>join the Congressional Black Caucus because he's like, yeah, I'm

0:54:07.800 --> 0:54:10.880
<v Speaker 2>not black, but my constituents are, and isn't that what

0:54:10.920 --> 0:54:13.200
<v Speaker 2>this should be about, which I'm with him on I

0:54:13.239 --> 0:54:14.560
<v Speaker 2>agree with him. They should have led him in the

0:54:14.560 --> 0:54:16.880
<v Speaker 2>Congressional Black Caucus. But in any case, I thought that

0:54:16.920 --> 0:54:20.640
<v Speaker 2>was pretty funny for Scott Jennings to be taking that side,

0:54:20.880 --> 0:54:22.960
<v Speaker 2>and in my opinion, it did prove the point of

0:54:23.000 --> 0:54:25.120
<v Speaker 2>the democratic strategy there of like, no, this is not

0:54:25.160 --> 0:54:26.920
<v Speaker 2>about just like electing black people.

0:54:27.160 --> 0:54:29.520
<v Speaker 5>This is about black people having a voice to vote

0:54:29.520 --> 0:54:31.279
<v Speaker 5>who they want to vote for, and they do not

0:54:31.400 --> 0:54:33.800
<v Speaker 5>want to vote for your Republican friends.

0:54:34.200 --> 0:54:36.680
<v Speaker 4>Well, this is where Republicans can get I mean, I've

0:54:36.719 --> 0:54:40.239
<v Speaker 4>seen some speculation about dummy mandering happening, and I don't

0:54:40.239 --> 0:54:42.799
<v Speaker 4>think those entirely out of the question. Republicans are now

0:54:43.000 --> 0:54:46.319
<v Speaker 4>really really excited that their chances to hold onto the

0:54:46.360 --> 0:54:48.400
<v Speaker 4>House have just gotten stronger.

0:54:48.480 --> 0:54:49.960
<v Speaker 1>And I mean, I don't know.

0:54:50.000 --> 0:54:53.400
<v Speaker 4>I went and looked at the generic Congressional vote on RCP,

0:54:53.560 --> 0:54:55.760
<v Speaker 4>so the RCP average where it was in twenty eighteen

0:54:55.880 --> 0:54:59.760
<v Speaker 4>versus where it is now Dems have. It's at plus

0:55:00.080 --> 0:55:03.239
<v Speaker 4>five point six right now. It was at plus five

0:55:03.320 --> 0:55:05.840
<v Speaker 4>point eight for Democrats at the same point in the

0:55:05.840 --> 0:55:08.319
<v Speaker 4>twenty eighteen cycle. So it's very very close to where

0:55:08.360 --> 0:55:10.560
<v Speaker 4>it was then. And as we've been talking about, we're

0:55:10.560 --> 0:55:12.399
<v Speaker 4>sort of at the tip of the iceberg in terms

0:55:12.400 --> 0:55:14.680
<v Speaker 4>of what we're going to see with price increases in

0:55:14.719 --> 0:55:16.640
<v Speaker 4>all likelihood between now and November.

0:55:16.800 --> 0:55:19.160
<v Speaker 1>So they can do this all they want.

0:55:19.280 --> 0:55:21.400
<v Speaker 4>I actually don't know that it's always going to be

0:55:21.760 --> 0:55:25.640
<v Speaker 4>splendid for them, that it's going to salvage I certainly

0:55:25.640 --> 0:55:27.600
<v Speaker 4>don't think it's going to salvage the House of Representatives.

0:55:27.640 --> 0:55:29.000
<v Speaker 1>They may staunch some of the bleeding.

0:55:29.040 --> 0:55:31.960
<v Speaker 4>They may be able to prevent a total blue tsunami

0:55:32.040 --> 0:55:34.880
<v Speaker 4>like what happened in twenty eighteen and thrust Nancy Pelosi

0:55:34.880 --> 0:55:38.000
<v Speaker 4>back into the speakership. But I don't know that it's

0:55:38.040 --> 0:55:40.839
<v Speaker 4>actually going to be like a huge, huge wave. And

0:55:41.080 --> 0:55:45.799
<v Speaker 4>the cook political analysis of this is doesn't suggest that

0:55:45.840 --> 0:55:48.520
<v Speaker 4>it's going to be like a big wave for Republicans

0:55:48.600 --> 0:55:51.839
<v Speaker 4>right now either, Crystal, because they still have to win

0:55:52.239 --> 0:55:54.960
<v Speaker 4>support from voters, and you still have to get people

0:55:55.000 --> 0:55:57.680
<v Speaker 4>to vote for you, and when you are even struggling

0:55:58.120 --> 0:56:03.360
<v Speaker 4>with your own party, higher numbers, voter motivation, excitement for turnout.

0:56:03.840 --> 0:56:05.759
<v Speaker 4>Someone else made a really good point too, that this

0:56:05.840 --> 0:56:07.719
<v Speaker 4>could I think it was in playbook this morning, that

0:56:07.760 --> 0:56:10.640
<v Speaker 4>this could energize black voters, in particular, if you need

0:56:10.719 --> 0:56:14.120
<v Speaker 4>in a midterm cycle, low propensity voters, people who might

0:56:14.160 --> 0:56:16.520
<v Speaker 4>otherwise just not turn out because they're not super excited

0:56:16.520 --> 0:56:20.239
<v Speaker 4>about candidates so they have other stuff to do. That's

0:56:20.360 --> 0:56:22.600
<v Speaker 4>a lot of Trump voters, So you already have that problem,

0:56:22.680 --> 0:56:27.440
<v Speaker 4>and then you could potentially be invigorating black voters to

0:56:28.000 --> 0:56:31.680
<v Speaker 4>like get out and actually go vote. That's going to

0:56:31.719 --> 0:56:34.960
<v Speaker 4>be a real problem for Republicans in November two. This

0:56:35.040 --> 0:56:37.640
<v Speaker 4>is I don't think any of this has necessarily been

0:56:37.680 --> 0:56:40.360
<v Speaker 4>a guarantee of higher success for Republicans.

0:56:40.400 --> 0:56:43.280
<v Speaker 1>Maybe a bit, I mean, maybe a few seats, but nothing.

0:56:43.440 --> 0:56:44.320
<v Speaker 5>I mean dramatic.

0:56:44.760 --> 0:56:47.120
<v Speaker 2>I think overall, based on the landscape, now, it's definitely

0:56:47.120 --> 0:56:50.640
<v Speaker 2>going to help Republicans. I don't think it will save Republicans.

0:56:50.960 --> 0:56:53.239
<v Speaker 2>But just to give everybody's sense of the magnitude here,

0:56:53.360 --> 0:56:55.960
<v Speaker 2>these are all rough estimates based on what we know

0:56:56.040 --> 0:56:57.839
<v Speaker 2>of what the maps are and where the maps are growing,

0:56:57.880 --> 0:57:01.080
<v Speaker 2>blah blah blah. But one analyst I saw projected that

0:57:01.160 --> 0:57:03.640
<v Speaker 2>this would mean that Democrats have to win the popular

0:57:03.719 --> 0:57:07.560
<v Speaker 2>vote by four points four points in order to take

0:57:07.560 --> 0:57:11.640
<v Speaker 2>the majority in the House. And look in past eras,

0:57:11.680 --> 0:57:13.280
<v Speaker 2>maybe four points wouldn't be a lot.

0:57:13.320 --> 0:57:15.400
<v Speaker 5>But now, in a time when you have.

0:57:15.600 --> 0:57:19.120
<v Speaker 2>Very strong partisan polarization and these things usually hang hang

0:57:19.200 --> 0:57:22.040
<v Speaker 2>on a knife's edge, four points is a landslide. You know,

0:57:22.160 --> 0:57:24.520
<v Speaker 2>Trump obviously won by less than four points, and he

0:57:24.600 --> 0:57:27.800
<v Speaker 2>certainly considers that to be a landslide in terms of

0:57:27.880 --> 0:57:31.680
<v Speaker 2>the popular vote. So that is the level of a

0:57:31.720 --> 0:57:35.200
<v Speaker 2>tilted playing field that we're talking about. And then you

0:57:35.280 --> 0:57:38.120
<v Speaker 2>also do think about specific instance. It's like I think

0:57:38.120 --> 0:57:41.200
<v Speaker 2>in Mississippi, I think the state population is like it's

0:57:41.240 --> 0:57:44.720
<v Speaker 2>like forty percent black something like that. They have one

0:57:44.880 --> 0:57:49.320
<v Speaker 2>right now, majority minority district, and very likely that's going

0:57:49.360 --> 0:57:52.040
<v Speaker 2>to be right. So then you have forty percent of

0:57:52.040 --> 0:57:54.840
<v Speaker 2>your state that is and I'm being a little bit

0:57:54.880 --> 0:57:57.480
<v Speaker 2>broad because obviously there are black people who've loved for Republicans,

0:57:57.480 --> 0:57:59.760
<v Speaker 2>but it's also pretty over as like ninety percent vote

0:57:59.760 --> 0:58:02.680
<v Speaker 2>for time Democrats, right, and so that part of the

0:58:02.720 --> 0:58:05.440
<v Speaker 2>population is just not going to be represented, you know.

0:58:05.440 --> 0:58:07.800
<v Speaker 2>And this isn't about an identity thing. This is about

0:58:07.840 --> 0:58:10.840
<v Speaker 2>their political views and having any sort of voice for

0:58:10.880 --> 0:58:13.720
<v Speaker 2>them in d C. That's going to be erased. And

0:58:14.200 --> 0:58:17.480
<v Speaker 2>when we talk about a crisis of democracy, I think

0:58:17.520 --> 0:58:18.200
<v Speaker 2>that's a problem.

0:58:18.240 --> 0:58:18.400
<v Speaker 6>You know.

0:58:18.440 --> 0:58:20.920
<v Speaker 2>I think this whole thing is a disastrous race to

0:58:20.960 --> 0:58:22.960
<v Speaker 2>the bottom. Like it would be great, in my opinion,

0:58:23.000 --> 0:58:27.080
<v Speaker 2>if we pass national anti jerrymandering laws. But certainly this

0:58:27.200 --> 0:58:32.200
<v Speaker 2>outcome that we're having now, where the redistricting battles are

0:58:32.240 --> 0:58:37.280
<v Speaker 2>being won so out out, you know, so lopsidedly for Republicans,

0:58:37.600 --> 0:58:41.600
<v Speaker 2>is going to create you know, a significant, significant strain.

0:58:41.720 --> 0:58:43.400
<v Speaker 2>But you know, I think I think you're right. I

0:58:43.400 --> 0:58:46.040
<v Speaker 2>think Democrats probably still favored to win the House. You know,

0:58:46.040 --> 0:58:48.200
<v Speaker 2>when I look at the odds the poly market and

0:58:48.200 --> 0:58:50.320
<v Speaker 2>the Calshi and whatever. There's still very much favored to

0:58:50.440 --> 0:58:53.600
<v Speaker 2>win the House. But when you have this tilted of

0:58:53.640 --> 0:58:56.480
<v Speaker 2>a system, it does make it very difficult. And you know,

0:58:56.520 --> 0:58:59.320
<v Speaker 2>it's another it's another blow to the idea that we

0:58:59.360 --> 0:59:01.520
<v Speaker 2>have even representative democracy.

0:59:01.800 --> 0:59:06.600
<v Speaker 4>Well, some good news for Democrats. The twenty eighteen popular

0:59:06.680 --> 0:59:10.280
<v Speaker 4>vote margin in the House was seven percent, seven point

0:59:10.360 --> 0:59:13.000
<v Speaker 4>one percent, And again, I think the conditions are only

0:59:13.040 --> 0:59:15.720
<v Speaker 4>going to get more favorable for Democrats down the line,

0:59:15.760 --> 0:59:19.120
<v Speaker 4>so it's as possible they still get a decent sized

0:59:19.160 --> 0:59:21.400
<v Speaker 4>blue wave. I actually think the Senate is very very

0:59:21.440 --> 0:59:25.040
<v Speaker 4>much in play. I'm sure you do too, Crystal, but Nebraska.

0:59:24.480 --> 0:59:26.320
<v Speaker 5>May They can't jerry manders states.

0:59:26.520 --> 0:59:29.360
<v Speaker 2>No, and yeah, given the rural power in the Senate,

0:59:29.400 --> 0:59:31.320
<v Speaker 2>there's already a Republican advantage there.

0:59:31.320 --> 0:59:34.280
<v Speaker 4>But yeah, well but Democrats in like rural states have

0:59:34.440 --> 0:59:38.240
<v Speaker 4>fielded much better candidates this time around, which is very interesting,

0:59:38.280 --> 0:59:40.960
<v Speaker 4>like really learning from the mistakes. I would argue, of

0:59:41.000 --> 0:59:44.320
<v Speaker 4>twenty eighteen, you have a Platner instead of a Gideon

0:59:44.360 --> 0:59:48.600
<v Speaker 4>type candidate in Maine, you have Dan Osburn in Nebraska. Sure, Brown,

0:59:48.600 --> 0:59:51.040
<v Speaker 4>I think it's very very competitive. In Ohio, I think

0:59:51.080 --> 0:59:54.000
<v Speaker 4>Texas is probably out of the question. But North Carolina

0:59:54.160 --> 0:59:58.200
<v Speaker 4>looking really good for Democrats and that's the ballgame right there.

0:59:58.240 --> 0:59:59.960
<v Speaker 5>And Peltola in Alaska.

1:00:00.440 --> 1:00:02.320
<v Speaker 2>It was a very good candidate there and pulling has

1:00:02.320 --> 1:00:04.920
<v Speaker 2>her up as well, So so yeah, I think I

1:00:04.920 --> 1:00:06.040
<v Speaker 2>think that's very possible.

1:00:06.120 --> 1:00:08.080
<v Speaker 5>So we will see how that all goes.

1:00:09.640 --> 1:00:09.680
<v Speaker 1>H