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Speaker 1: Biden Energy advisor says, we need to have an s

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Speaker 1: pr S patroying reserves that's four than it is today.

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Speaker 1: He says they're waiting for seventy dollars a barrel oil,

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Speaker 1: also claiming now we've still got four hundred million barrels

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Speaker 1: of Also we're just fine even though this is the

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Speaker 1: lowest it's ever been in our lifetime. The Palace injury. Well, okay,

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Speaker 1: so a couple of things. Number one, China lockdowns yea,

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Speaker 1: and the FED raising rates and trying to orchestrate maybe

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Speaker 1: a slowdown at least, whether it's our assessment or not,

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Speaker 1: Those aren't the greatest ways to lower the price of all. Plus,

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Speaker 1: we've been, you know, tapping the SPR, which a lot

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Speaker 1: of people criticize, especially if we're down below eighty dollars.

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Speaker 1: We're not the day we're back up, but definitely time

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Speaker 1: to end that. Would you start buying when would you

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Speaker 1: start buying back the oil to try to replenish that?

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Speaker 1: What kind of price would we be talking about? So

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Speaker 1: we agree with you. Look, we've been tapping the SPR

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Speaker 1: and I don't think there's much criticism today for what

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Speaker 1: we've done. That was a critical part the releases from

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Speaker 1: the SPR are critical part of bringing prices down when

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Speaker 1: we did them. Just imagine if we had not increased

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Speaker 1: supplied by a million barrels a day. But today we

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Speaker 1: have to we have to be really opportunistic and look

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Speaker 1: at the market and where it is to see if

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Speaker 1: it makes sense to do continued SPR releases. The President

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Speaker 1: would like to replenish the SPR and full of what

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Speaker 1: we release, an additional hundred and eighty to two hundred

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Speaker 1: million barrels. And I think when prices start reaching towards

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Speaker 1: that seventy dollars mark, that's when we're probably going to

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Speaker 1: be looking at somewhere around that range of seventy seventy

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Speaker 1: two seventy three, or maybe a little bit below that,

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Speaker 1: we'll look to immediately begin to increase and to repurchase

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Speaker 1: oil into the SPR. And that's because we need to

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Speaker 1: have an SPR that is full than it is today

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Speaker 1: for national security and economic emergencies. In the future. We

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Speaker 1: still have four hundred million barrels. That's a lot of barrels.

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Speaker 1: We still can manage any emergency. But looking into the future,

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Speaker 1: when prices come down into that seventy dollars range, we're

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Speaker 1: gonna look to be buyers in the market. Well, I

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Speaker 1: love this. We're gonna look to be buyers in the market,

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Speaker 1: So seventy dollars until then, if anything hits the fan,

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Speaker 1: our oil reserves are going to just be gone right

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Speaker 1: by an energy secretary so also says gas prices have

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Speaker 1: been coming down sharply for the last couple of months,

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Speaker 1: so you should be happy with what they've done. Percent

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Speaker 1: Joe crude oil this morning taking a quick look. Prices

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Speaker 1: dropped sharply yesterday on a Wall Street Journal report that

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Speaker 1: OPEC plus might increase output by five hundred thousand barrels

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Speaker 1: a day in December. You can see we're back above

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Speaker 1: eighty eighty one fifty nine. Crewde rebounded when the Saudi

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Speaker 1: Arabian energy minister denied the journal's report, stateside triple ASA's

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Speaker 1: national average gas prices are down eleven cents a week

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Speaker 1: a gallon in the past week, almost husting. Special Presidential

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Speaker 1: a coordinator for international energy affairs, joins us, Now he's

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Speaker 1: you're there. You're there for a lot of these discussions.

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Speaker 1: You probably know what's going on almost. I just don't

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Speaker 1: know if you're willing to totally share with us what's

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Speaker 1: going on. So these delegates definitely said that there might

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Speaker 1: be an increase. What shall we take of the from

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Speaker 1: the Salady minister pushing back on that. Do you know

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Speaker 1: where it stands right now on what they're gonna do. Well,

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Speaker 1: good morning, Joe, and thanks for having me. Look, we're

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Speaker 1: definitely not party to any OPEC deliberations. We're not members

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Speaker 1: of OPEC or any organization setting prices. The President's been

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Speaker 1: really focused on trying to bring prices down here in

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Speaker 1: the United States, specifically to consumers, and that's what we've

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Speaker 1: been trying to do and make sure that I know

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Speaker 1: we focus a lot on brand, but WTI the American

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Speaker 1: prices down to about eighty dollars and gasoline prices have

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Speaker 1: been coming down sharply for the last many weeks now

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Speaker 1: a couple of months, so we're we're very pleased to

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Speaker 1: see the prices coming down. We want to make sure

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Speaker 1: that both that oil companies, both the national oil companies

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Speaker 1: around the world and oil companies here at home, continue

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Speaker 1: to increase production to bring prices further down. This is

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Speaker 1: an administration that now is asking you to give them

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Speaker 1: credit for them giving you high gas prices, but then

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Speaker 1: trying to claim that they're bringing down those gas prices.

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Speaker 1: So in their words, hey, look it's not that bad, right,

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Speaker 1: It's it's it's really just not that bad. The economy is.

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Speaker 1: You know, it could be a lot worse, so understand

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Speaker 1: it's just not that bad. Now, before I get into

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Speaker 1: that we are we are trying to get prices down

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Speaker 1: for you, and part of that is them giving immunity

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Speaker 1: to the guy over in Saudi Arabia who butchered an

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Speaker 1: American journalist, which Joe Biden said there would be hell

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Speaker 1: to pay for that. You may remember how they lured

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Speaker 1: him to come to a consulate or an embassy and

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Speaker 1: they took him inside and they butchered him with a

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Speaker 1: bone saw, took him out the back in a bag,

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Speaker 1: dead body, murdered a journalist who was writing things that

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Speaker 1: that they didn't like in Saudi Arabia about MBS. The

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Speaker 1: Biden administration said that there would be hell to pay

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Speaker 1: for this. Then Biden needed the oil right and so

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Speaker 1: now they're wanting, you know, they're going to give immunity.

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Speaker 1: The MBS immunity decision. The White House is now claiming,

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Speaker 1: as quote strictly legal, there is no quid pro quo

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Speaker 1: for lower oil prices. They're also claiming Saudia denies oil

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Speaker 1: output hike. Top White House Energy advisors saying this about

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Speaker 1: that whole fiasco production to bring as far as as

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Speaker 1: palace intrigue. And I know you know this stuff, and

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Speaker 1: I know you can't probably tell us. But when the

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Speaker 1: Body Administration told the Federal court judge that MBS Mohammed

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Speaker 1: den Solman has sovereign immunity from this lawsuit, that was

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Speaker 1: that was that was nice, That was conciliatory. And there

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Speaker 1: had been some acrimony between the United States and the Saudis. Uh.

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Speaker 1: It just seems interesting that that they would even after

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Speaker 1: cutting that they'd even broached the possibility of cooperating, UH,

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Speaker 1: right before Russia, right before the cap goes maybe goes

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Speaker 1: on Russian oil. It's like they're they're helping us out

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Speaker 1: right after. And I would say that was the right

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Speaker 1: move for them because of the China situation in the lockdowns,

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Speaker 1: it made sense for the Saudies to cut production because

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Speaker 1: oil all of a sudden was seventy nine dollars almost

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Speaker 1: So is there any quid pro quo behind that that

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Speaker 1: we're being nicer than them and they might cooperate there's

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Speaker 1: no quid pro quo. I think that the decision on

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Speaker 1: the immunity was a strict legal decision by the lawyers

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Speaker 1: about him becoming a prime minister, and determination that was

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Speaker 1: made by the lawyers that was not done by policymakers,

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Speaker 1: but really just a legal one. As far as their

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Speaker 1: decision to cut, you know we you know, you and

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Speaker 1: I may disagree on that. I think that a two

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Speaker 1: million cut announcement at the time was we did not

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Speaker 1: believe was warranted. I think that prices were at about

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Speaker 1: eighty eight or eighty seven when they announced that, it

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Speaker 1: went up to almost one hundred dollars and settled back down,

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Speaker 1: mostly because you know, when you announced a cut at

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Speaker 1: two million, what we all know is that two million

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Speaker 1: is not going to be cut, and most countries are

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Speaker 1: not going to position to cut production and definitely not

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Speaker 1: cut exports. So I think that where their deliberations are

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Speaker 1: not connected to the policymaking and they're gonna have to

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Speaker 1: make their own decisions. I think this part of the

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Speaker 1: stress in the market is when you have these monthly

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Speaker 1: palace intrigues, you know, every month, every couple of months,

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Speaker 1: versus what they used to do, which is to meet

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Speaker 1: a lot less frequently. But we're again, I'm not going

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Speaker 1: to get into the palace intrigue there as you called it,

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Speaker 1: but rather focus on bringing the prices down and do

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Speaker 1: what we have to do here at home. Almost I

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Speaker 1: love the palace intrigue. We're not going to get into that. Really,

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Speaker 1: I bet you're not. You give this guy immunity. No

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Speaker 1: one saying what you're saying about the law right No

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Speaker 1: one's saying what you're claiming right now about any of this,

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Speaker 1: and then you're gonna sit there and go, oh wow,

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Speaker 1: We're just not going to get into this palace immunity.

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Speaker 1: need to get to the bottom of whatever. We need

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Speaker 1: to let the facts play out, and I will continue

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Speaker 1: to look at him as a guy that was there.

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Speaker 1: He was at the Capitol on January sixth, and this

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Speaker 1: is a big deal. Mike Pence also speaking out against

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Speaker 1: us trying to quote control Americans, and you can decide

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Speaker 1: who you think he's telling you, not to listen to anymore.

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Speaker 1: He's out there barnstorming the country writing this big tell

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Speaker 1: all book, criticizing now Donald Trump and doing basically the

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Speaker 1: opposite of everything that Trump ever did. At the end

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Speaker 1: of his political time in office, here's Mike Pence being

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Speaker 1: out against those trying to quote control Americans. In the

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Speaker 1: midst of all of that, I'm sure you all heard there,

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Speaker 1: they've also authorized the hiring of eighty seven thousand i

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Speaker 1: RS agents. You know, when Ronald Reagan spoke in nineteen

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Speaker 1: sixty four about a little intellectual elite in a far

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Speaker 1: distant capital who thought they could plan our lives better

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Speaker 1: than we could plan them for ourselves, he I think

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Speaker 1: it could scarcely imagine the big government socialism of the

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Speaker 1: left wing climate agenda that's being implemented in Washington. You

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Speaker 1: see today, as we gather here today, I submit to

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Speaker 1: all of you, as I've set around the country, American

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Speaker 1: freedom is under attack as never before. Big media, big government,

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Speaker 1: even big business of locked arms to advance a pernicious,

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Speaker 1: woke agenda designed to control the American people and destroy

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Speaker 1: the American dream. Ruling elites in Washington have never been

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Speaker 1: more out of touch with the values and ideals of

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Speaker 1: everyday Americans that I can agree with. By the way,

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Speaker 1: I got agree with that. But then you go back

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Speaker 1: to this big sit down with CBS Face the Nation,

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Speaker 1: Vice President Pence talking about January six and this is

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Speaker 1: going to be the crutch of his campaign. Obviously, he

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Speaker 1: believes this is what will take him to the Holy

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Speaker 1: Land to be the president. And in this big sit

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Speaker 1: down interview about his book about January the sixth, it's

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Speaker 1: all about January sixth, because this is when you're a

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Speaker 1: useful idiot to the Democrats. They want to focus on

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Speaker 1: January six right, January sixth is everything to them, so

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Speaker 1: you will become their useful idiot. Listen. Before the appointment

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Speaker 1: of a special counsel was announced last week, we spoke

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Speaker 1: with former Vice President Mike Pence about his new book,

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Speaker 1: So Help Me God. In our wide ranging conversation, mister

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Speaker 1: Pence details extensively his story up to and including the

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Speaker 1: January sixth attack. The President's words and actions in and

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Speaker 1: around January six were reckless. The tweet that he issued

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Speaker 1: the day that I was in the loading dock before

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Speaker 1: below the United States Senate endangered my family and endangered

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Speaker 1: people that were in the Capitol and was indefensible. Why

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Speaker 1: did it take you two years to talk about your anger.

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Speaker 1: Weren't you incandescent with rage that your family was put

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Speaker 1: at risk like that? Margaret? I was angry that day

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Speaker 1: and many days sense well. On January sixth, I have

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Speaker 1: to tell you that I had to put that aside.

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Speaker 1: The President had decided to be a part of the problem.

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Speaker 1: I was determined to be a part of the solution,

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Speaker 1: to work with leaders in Congress, leaders at the Pentagon,

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Speaker 1: leaders in law enforcement, to do our part, to finish

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Speaker 1: our work under the constitution. You were calling and trying

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Speaker 1: to get the National Guard to come in and restore order.

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Speaker 1: Did you feel you had to do that because the

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Speaker 1: commander in chief was derelict in his duties, Margaret, I

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Speaker 1: didn't know what the President was doing at the time.

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Speaker 1: I wasn't at the White House. I had no contact

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Speaker 1: with the President or the White House that day. But

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Speaker 1: when I spoke to the congressional leaders in our first

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Speaker 1: conference call, they informed me that they were getting mixed

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Speaker 1: messages from security personnel, and I asked them if they

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Speaker 1: wanted me to get involved, and they did. Do you

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Speaker 1: think President Trump needs to be held responsible in his events,

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Speaker 1: in the events that led to January sixth and the

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Speaker 1: violence of that day. Well, I think everyone that perpetrated

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Speaker 1: the violence at the Capitol needs to be held at

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Speaker 1: the strictest account. What about those who fed it? What

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Speaker 1: about those who gave it oxygen? The lie, oxygen to

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Speaker 1: mislead people. I'm confident that the American people will hold

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Speaker 1: all those responsible at the end of the day, and

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Speaker 1: history will be their judge. In my book, in other words,

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Speaker 1: the American people, he's saying, are gonna hold Donald Trump accountable,

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Speaker 1: right because he was a part of it. That's what

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Speaker 1: he's saying, right here, Make no mistake about it. That's

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Speaker 1: what he's saying. And again, is this how Mike Pence

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Speaker 1: runs for president? Is this something that you as a voter?

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Speaker 1: You hear this, you go, yes, that is what we've

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Speaker 1: been missing. He's saying, the American people are gonna hold

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Speaker 1: Donald Trump accountable. Here's more of that interview that he

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Speaker 1: did with Face and Nation. Take a listen, let's lead people.

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Speaker 1: I'm that the American people will hold all those responsible

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Speaker 1: at the end of the day, and history will be

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Speaker 1: their judge. I mean, in my book, what I tried

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Speaker 1: to do is share a candid story about the evolution

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Speaker 1: of that controversy. President and I had been came to

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Speaker 1: at least five times. You lay it out in detail

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Speaker 1: leading up to January sixth, and it's almost like you

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Speaker 1: couldn't believe this because you kept telling him over and

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Speaker 1: over it this is not legal, this is not constitutional.

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Speaker 1: Do you look back and say, I wasn't forceful enough,

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Speaker 1: and what could you have done differently? Well, I did

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Speaker 1: tell the President many times that after he exhausted every

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Speaker 1: legal challenge that the campaign had every right to pursue,

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Speaker 1: that he should simply accept the results. The President was

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Speaker 1: hearing from a cadre of attorneys who frankly should never

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Speaker 1: have been left on the White House grounds, let alone

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Speaker 1: in the Oval Office, telling him what, as the Bible says,

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Speaker 1: his itching ears wanted to hear. My hope was that

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Speaker 1: at the end of the day he would come around.

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Speaker 1: I remember on the night of January fourth, we had

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Speaker 1: a meeting with the President and part of that legal

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Speaker 1: team in the Oval Office. The President left on the helicopter.

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Speaker 1: There were no harsh words between us, but he was

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Speaker 1: continuing to make his case, and I was continuing to

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Speaker 1: make my position clear. But it is rally in Georgia

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Speaker 1: which I watched on television, the President actually opening the

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Speaker 1: rally by speaking about me. I hope that our great

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Speaker 1: vice president, our great vice president comes through for us.

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Speaker 1: He's a great guy us. If he doesn't come through,

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Speaker 1: I won't like him quite as much. But then he

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Speaker 1: paused and he said to the crowd, Now, no one

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Speaker 1: thing you know about Mike Pence is he always plays

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Speaker 1: it straight. And then he called you the next day.

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Speaker 1: I remember in that moment thinking he might be coming around,

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Speaker 1: but he wasn't. My continued hope was that at the

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Speaker 1: end of the day he would recognize what our duty

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Speaker 1: was on that day as the presiding officer under the Constitution,

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Speaker 1: to oversee the count of the electoral vote of an

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Speaker 1: election that we lost. But it was not to be.

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Speaker 1: Will you answer questions about that day before Congress? Congress

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Speaker 1: has no right to my testimony. We have a separation

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Speaker 1: of powers under the Constitution of the United States, and

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Speaker 1: I believe it would establish a terrible precedent for the

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Speaker 1: Congress to summon a vice president of the United States

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Speaker 1: to speak about deliberations that took place at the White House.

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Speaker 1: You're closing the door on that entire I'm closing the

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Speaker 1: door on that. But I must say again that the

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Speaker 1: partisan nature of the January sixth committee has been a

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Speaker 1: disappointment to me. The lawyers and that chief of staff

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Speaker 1: to the President at the time, the Mark Meadows, who

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Speaker 1: let those lawyers you said had no business on the

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Speaker 1: White House grounds. Do you think no consequence only prosecute

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Speaker 1: the people who actually physically went to the Capitol. There

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Speaker 1: are those that are speaking in defense of people that

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Speaker 1: ride at the Capitol and created the conditions where lives

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Speaker 1: were lost. But I believe everyone that was rioting in

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Speaker 1: the Capitol that day and perpetrating violence needs to be

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Speaker 1: held to the strictest account of the law. But I

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Speaker 1: do believe that at the end of the day, the

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Speaker 1: American people will hold accountable on those that permitted the

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Speaker 1: circumstances around which January sixth was able to flourish into

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Speaker 1: violence that day. You also think the FBI executing a

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Speaker 1: search warrant to take classified material from the former president's

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Speaker 1: home was not the way the Justice Department should have

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Speaker 1: handled it. But to be clear, were you ever personally

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Speaker 1: concerned about mister Trump's handling of classified information. I don't

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Speaker 1: recall every being concerned about the President or anyone on

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Speaker 1: our administration's handling of classified information, at least among the

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Speaker 1: senior staff of which I had regular contact. But if

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Speaker 1: he had, he would be prosecuted. You would think. Let

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Speaker 1: me say, you know, no one is above the law.

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Speaker 1: But as someone that served on the Judiciary Committee for

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Speaker 1: more than ten years, having oversight over the Justice Department,

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Speaker 1: I just think there were many better ways to obtain

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Speaker 1: those classified materials from Marlago than to execute a search

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Speaker 1: warrant against the former president of the United States of America,

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Speaker 1: something that had never happened in American history, Margaret, and

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Speaker 1: never been prosecuted. Do you think that that My hope

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Speaker 1: is that the Justice Department will think very carefully about

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Speaker 1: the next steps. I mean, this is a very divided

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Speaker 1: time in the life of our nation. I think our

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Speaker 1: nation needs to heal. But the idea of executing a

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Speaker 1: search warrant against a former president of the United States

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Speaker 1: sent the wrong message to the American people and frankly

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Speaker 1: sent the wrong message to the wider world that looks

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Speaker 1: at the United States of America as the standard. And

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Speaker 1: that was my disappointment. In the decision to execute a

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Speaker 1: search warrant. Vice President Pence saying a lot about his

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Speaker 1: time as the Vice president, at the least at the end,

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Speaker 1: and making it clear that this is how he sees

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Speaker 1: a pathway to him becoming the president of the United

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Speaker 1: States of America. He's a played straight guy. You should

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Speaker 1: really look at what he has to say. You should

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Speaker 1: back him, support him, and that he is going to

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Speaker 1: bring dignity back to the White House. He clearly believes

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Speaker 1: that there are a lot of people out there They're

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Speaker 1: going to listen to what he had to say and go, yeah, yeah,

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Speaker 1: Mike Pence is the guy that I that I want

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Speaker 1: to lead this nation. And Mike Penn says he will

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Speaker 1: give peaceful or excuse me, prayerful consideration to possible twenty

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Speaker 1: twenty four campaign. He said that Gop Kennet's focused on

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Speaker 1: the future and solving the problems voters face today did

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Speaker 1: quite well in the midterm elections. He believes he is

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Speaker 1: that guy. He also said he and his family will

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Speaker 1: give prayerful consideration over the holiday as whether as whether

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Speaker 1: he intends to run for president in twenty twenty four. Pence,

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Speaker 1: who's promoting his new books. So help me, God started

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Speaker 1: by congratulating Republicans on taking the majority in the US

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Speaker 1: House of Representatives, and when as a win, I was

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Speaker 1: in Congress the last time that we defeated Democratic majority

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Speaker 1: led Speaker Nancy Pelosi. In the day that Pelosi hands

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Speaker 1: the gavel of Speaker Kevin mccarthury is going to be

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Speaker 1: a great day for America and an opportunity for us

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Speaker 1: to start our way back to the policies at the

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Speaker 1: Trump Pence administration proved make our country secure, prosperous, and

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Speaker 1: ensure the vitality of our liberties. I welcome that, and

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Speaker 1: I celebrate the election of a Republican majority in the

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Speaker 1: House of Representatives without qualification. All right, real quick, I

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Speaker 1: want to tell you about my good friends over at

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Speaker 1: Legacy Precious Medals. With the economy really an inflation out

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Speaker 1: of control in the stock market taking horrific losses, the

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Speaker 1: NASDAC down more in one month than we've seen back

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Speaker 1: in two thousand and eight. Was the last time it

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Speaker 1: was this bad. You may be looking at your financial

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Speaker 1: portfolio in your sick to your stomach. You're not alone.

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Speaker 1: The question is if you are not diversified in precious

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Speaker 1: metals as part of your financial portfolio. Then what would

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Speaker 1: it look like now maybe if you would have been

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Speaker 1: it's not too late, by the way, to take advantage

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Speaker 1: of gold and silver. It is a hedge against inflation,

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Speaker 1: and it's a way for you to diversify your IRA,

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Speaker 1: your four oh one K, your investment portfolio. If you've

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Speaker 1: never looked at gold and silver, there's actually no better

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Speaker 1: time than right now now. I've been seeing golden silver

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434
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Speaker 1: percentage of my strategy to protect myself. So on the

435
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Speaker 1: worst days on Wall Street usually they're not as bad

436
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Speaker 1: it the Free Investors Guide right now one eight six

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Speaker 1: six seven five one twenty two eighteen one eight six

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Speaker 1: six seven five one twenty two eighteen Get the Free

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Speaker 1: Investors Guide. You can also go online to Legacy PM

442
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Speaker 1: Investments dot com. That's Legacy PM investments dot com. Also

443
00:26:39,119 --> 00:26:42,520
Speaker 1: with our podcasts, don't forget to hit that auto download

444
00:26:42,520 --> 00:26:44,480
Speaker 1: button now so you can get this podcast every day

445
00:26:44,720 --> 00:26:50,520
Speaker 1: automatically for free. Musk Meltdown they're calling it. Tesla is

446
00:26:50,560 --> 00:26:55,320
Speaker 1: now down fifty five percent for the year. CNN Don

447
00:26:55,400 --> 00:26:58,800
Speaker 1: Lemon decided it was a good idea after his own

448
00:26:58,840 --> 00:27:05,640
Speaker 1: show had been canceled to mock Elon Musk for sharing

449
00:27:05,680 --> 00:27:11,160
Speaker 1: a sexualized photo. He says of Jesus and Twitter to Lerp,

450
00:27:12,200 --> 00:27:14,680
Speaker 1: to lure is the correct way to say the word.

451
00:27:14,680 --> 00:27:16,680
Speaker 1: But apparently he screwed up the first time. Don't worry,

452
00:27:16,680 --> 00:27:22,520
Speaker 1: they fixed online to lure, he said Lerp Trump, Yes,

453
00:27:22,880 --> 00:27:25,320
Speaker 1: he actually said it. We're trying to get the original audio,

454
00:27:25,440 --> 00:27:29,040
Speaker 1: but that apparently has been fixed in the online version.

455
00:27:29,960 --> 00:27:33,800
Speaker 1: They're mocking him because they think that Elon Musk is

456
00:27:33,840 --> 00:27:36,879
Speaker 1: an idiot. Why because he actually allowed for free speech

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00:27:36,920 --> 00:27:39,560
Speaker 1: on a platform. And this is what the media is

458
00:27:39,560 --> 00:27:44,359
Speaker 1: going to continue to do. They're going to mock anybody

459
00:27:44,359 --> 00:27:46,639
Speaker 1: that gets in their way. This is what happened Elon

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00:27:46,760 --> 00:27:50,280
Speaker 1: Musk restoring the former president's Twitter account. He has been

461
00:27:50,359 --> 00:27:54,159
Speaker 1: banned from the platform since the capital attack. Trump has

462
00:27:54,200 --> 00:27:56,240
Speaker 1: previously said that he does not plan to return to

463
00:27:56,280 --> 00:28:00,440
Speaker 1: Twitter and instead will continue to use his truth social platform.

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00:28:00,560 --> 00:28:04,760
Speaker 1: So let's discuss seeing an anchor and correspondent arty. This

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00:28:04,840 --> 00:28:09,040
Speaker 1: is he's being intentionally provocative. I mean that's obvious, right,

466
00:28:09,080 --> 00:28:12,600
Speaker 1: because he needs eyes, he needs attention. I mean Elon

467
00:28:12,680 --> 00:28:15,800
Speaker 1: Musk to Twitter. And part of this whole thing about

468
00:28:15,800 --> 00:28:18,520
Speaker 1: restoring the former president doing a poll about it is

469
00:28:18,560 --> 00:28:20,159
Speaker 1: to sort of a look at me, look at me,

470
00:28:20,200 --> 00:28:22,760
Speaker 1: look at me. I'm glad you're saying this, because there's

471
00:28:22,760 --> 00:28:25,760
Speaker 1: a business reason for that. The context here is Elon

472
00:28:25,840 --> 00:28:29,600
Speaker 1: Musk doesn't really believe in advertising. Tesla never really did

473
00:28:29,640 --> 00:28:32,320
Speaker 1: advertising because he thinks good products would just sell on

474
00:28:32,359 --> 00:28:34,919
Speaker 1: their own. Problem is you just bought a company that

475
00:28:35,040 --> 00:28:39,480
Speaker 1: runs on ninety percent advertising and doesn't sell anything, And

476
00:28:39,560 --> 00:28:44,520
Speaker 1: so brand safety and how advertisers feel about what is

477
00:28:44,640 --> 00:28:47,600
Speaker 1: on the site along with their ads is meaningful. And

478
00:28:47,720 --> 00:28:49,240
Speaker 1: lots of them has said they were going to hit

479
00:28:49,280 --> 00:28:51,520
Speaker 1: pause when he first bought it and when he first

480
00:28:51,560 --> 00:28:53,959
Speaker 1: started talking about trouble. And I can't believe advertisers are

481
00:28:53,960 --> 00:28:56,600
Speaker 1: fleeing given what he's tweeted in the last twenty four hours.

482
00:28:56,600 --> 00:28:59,640
Speaker 1: There's provocative images talking about Trump basically wanting to get

483
00:28:59,680 --> 00:29:02,280
Speaker 1: back on Twitter, like being able to resist the temptation.

484
00:29:02,840 --> 00:29:05,280
Speaker 1: But what I was confused about Saturday night is that

485
00:29:05,520 --> 00:29:08,200
Speaker 1: when this all happened, Elon Musk said he was going

486
00:29:08,240 --> 00:29:12,120
Speaker 1: to form a content Moderation council, no major reinstatements of

487
00:29:12,160 --> 00:29:14,840
Speaker 1: Twitter accounts would happen before then. Then he conducts a

488
00:29:14,840 --> 00:29:18,320
Speaker 1: Twitter poll on Saturday says Trump should be reinstated. Who

489
00:29:18,400 --> 00:29:20,800
Speaker 1: knows who participated in this poll, And now he says

490
00:29:20,840 --> 00:29:23,520
Speaker 1: Trump's account is active again. Yeah, I mean, I think

491
00:29:23,600 --> 00:29:25,600
Speaker 1: no one's going to be teaching any of this technique

492
00:29:25,600 --> 00:29:28,760
Speaker 1: in any like business school case studies going forward like

493
00:29:29,000 --> 00:29:33,240
Speaker 1: this has been very messy public And you know, one

494
00:29:33,240 --> 00:29:35,200
Speaker 1: piece of context that I think is worth mentioning is

495
00:29:35,240 --> 00:29:39,200
Speaker 1: people were treating Twitter like public infrastructure. It was a

496
00:29:39,240 --> 00:29:41,840
Speaker 1: space where lots of people came to speak and play

497
00:29:41,840 --> 00:29:45,240
Speaker 1: and interact, but it's not public infrastructure. And this is

498
00:29:45,280 --> 00:29:48,920
Speaker 1: what happens when a private person, a billionaire, takes over

499
00:29:49,040 --> 00:29:51,640
Speaker 1: and kind of dithers around with it. It's kind of

500
00:29:51,960 --> 00:29:54,880
Speaker 1: by the way, I was on Twitter this weekend and

501
00:29:54,960 --> 00:29:57,560
Speaker 1: you pointed that out, Kaitlin to everyone, reupping what Elon

502
00:29:57,640 --> 00:30:01,000
Speaker 1: Musk had tweeted about this council. He sort of guarantees

503
00:30:01,080 --> 00:30:02,680
Speaker 1: that he did, I think, as he was looking to

504
00:30:02,720 --> 00:30:06,080
Speaker 1: acquire the company and sort of checks that people thought

505
00:30:06,160 --> 00:30:08,960
Speaker 1: might be in place. But but to your point, about

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00:30:09,000 --> 00:30:12,360
Speaker 1: a billionaire taking over and taking it private. So there

507
00:30:12,360 --> 00:30:15,160
Speaker 1: are none of these A mayor like you know, I mean,

508
00:30:15,200 --> 00:30:18,760
Speaker 1: I think we've gotten used to CEOs in Silicon Valley,

509
00:30:18,840 --> 00:30:22,200
Speaker 1: maybe kind of nodding towards like appeasing the public when

510
00:30:22,240 --> 00:30:25,640
Speaker 1: they think the eye is on them and that's not

511
00:30:25,760 --> 00:30:28,280
Speaker 1: his game. He doesn't care. There's no board, there's no

512
00:30:28,360 --> 00:30:31,840
Speaker 1: board to check him. No, there's no share price to

513
00:30:31,960 --> 00:30:35,280
Speaker 1: check him. There's a there's a desperation aspect of this.

514
00:30:35,960 --> 00:30:38,840
Speaker 1: It seems really desperate or as we say in the vernacular,

515
00:30:38,880 --> 00:30:44,040
Speaker 1: now thirsty, because as Kaitlin mentioned, this provocative image that

516
00:30:44,080 --> 00:30:46,120
Speaker 1: he tweeted about, I think it was a Jesus, and

517
00:30:46,320 --> 00:30:49,120
Speaker 1: you know there's someone tempting Jesus a woman and you

518
00:30:49,160 --> 00:30:51,000
Speaker 1: know that I can hear you guys talking around. This

519
00:30:51,080 --> 00:30:53,800
Speaker 1: is a sexualized image, right that he's posting. And I

520
00:30:53,840 --> 00:30:56,160
Speaker 1: think it's a really good example of the thirst thing

521
00:30:56,160 --> 00:30:58,640
Speaker 1: you're talking about, which is, look at me, look at me,

522
00:30:59,000 --> 00:31:02,560
Speaker 1: eyes on this, advertisers, look, eyes are still on this.

523
00:31:02,920 --> 00:31:06,080
Speaker 1: Stay with it by any means necessary. You noticed, by

524
00:31:06,080 --> 00:31:08,400
Speaker 1: the way, what they're doing here and seen it. The

525
00:31:08,480 --> 00:31:13,560
Speaker 1: same people that did these stories over and over and

526
00:31:13,640 --> 00:31:16,600
Speaker 1: over and over again about Donald Trump lying about Donald Trump,

527
00:31:16,720 --> 00:31:19,880
Speaker 1: Russian collusion, Russia collusion, Russian coclusion for four or five

528
00:31:20,040 --> 00:31:23,160
Speaker 1: six years. The same people that have run, you know,

529
00:31:23,200 --> 00:31:26,160
Speaker 1: the live raids of Roger Stone, right, they got tipped

530
00:31:26,200 --> 00:31:29,160
Speaker 1: off that Roger Stone was going to be rated by

531
00:31:29,200 --> 00:31:31,760
Speaker 1: the FBI, these types of thing, the same, the same

532
00:31:31,800 --> 00:31:37,480
Speaker 1: early morning raids of his former campaign manager, all of

533
00:31:37,520 --> 00:31:42,440
Speaker 1: these different types of things. Okay, to be clear, is

534
00:31:42,480 --> 00:31:44,960
Speaker 1: exactly I'll see. And had their good ratings back in

535
00:31:45,000 --> 00:31:50,080
Speaker 1: the day. Then they became psychopass hating Donald Trump. They're

536
00:31:50,080 --> 00:31:52,760
Speaker 1: still obsessed with Donald Trump, as you can hear in

537
00:31:52,800 --> 00:31:57,240
Speaker 1: this conversation. But what's even more interesting than this is

538
00:31:57,280 --> 00:32:00,480
Speaker 1: the fact that they just said, you know these you know,

539
00:32:00,520 --> 00:32:03,720
Speaker 1: Elon Musk is desperate for attention. They just gave him

540
00:32:03,760 --> 00:32:07,280
Speaker 1: four minutes of attention because they know that it would

541
00:32:07,280 --> 00:32:11,920
Speaker 1: be probably pretty good for their ratings. Like they're not stupid.

542
00:32:12,040 --> 00:32:14,160
Speaker 1: They know that this is going to rate for them,

543
00:32:14,200 --> 00:32:15,880
Speaker 1: or they hope that it rates for them, because their

544
00:32:15,960 --> 00:32:20,240
Speaker 1: ratings are literally in the toilet. Don Lemon got demoted.

545
00:32:20,280 --> 00:32:23,360
Speaker 1: He had his own TV show at night. He has

546
00:32:23,400 --> 00:32:30,960
Speaker 1: been demoted. He's now in a morning show that desperately

547
00:32:32,760 --> 00:32:40,600
Speaker 1: needs help. Their ratings terrible in the morning, going nowhere,

548
00:32:42,280 --> 00:32:44,760
Speaker 1: and now I want to say whether they're mocking Elon

549
00:32:44,840 --> 00:32:47,280
Speaker 1: Musk is a businessman. Well, I don't think any case

550
00:32:47,400 --> 00:32:50,920
Speaker 1: study right is going to be used in a business

551
00:32:50,960 --> 00:32:55,720
Speaker 1: school over what he just did. That's where you're going

552
00:32:55,760 --> 00:33:01,840
Speaker 1: with this, like, that's that's literally where you're going with this? Really?

553
00:33:03,120 --> 00:33:06,160
Speaker 1: All right? Lastly, please make sure you hit that subscribe

554
00:33:06,400 --> 00:33:10,040
Speaker 1: button or auto download button wherever you were listening to

555
00:33:10,080 --> 00:33:12,760
Speaker 1: this podcast right now and take a moment to write

556
00:33:12,840 --> 00:33:15,600
Speaker 1: us a five star review. Many on the left have

557
00:33:15,680 --> 00:33:19,080
Speaker 1: been attacking our podcast, writing us bad reviews on purpose,

558
00:33:19,520 --> 00:33:21,560
Speaker 1: So if you would help us fight back by writing

559
00:33:21,600 --> 00:33:24,240
Speaker 1: us a good review, a five star review, and share

560
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Speaker 1: this podcast with your family and friends on social media

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Speaker 1: to help us grow. See you back here tomorrow,